Foodservice Equipment Market 2019 Outlook, Current and Future Industry Landscape Analysis 2029

Evolving food industry trends and changing dynamics of manufacturing and delivering methods in the foodservice industry are primarily shaping the market for foodservice equipment. Sales would multiply at a promising CAGR of over 5% during 2019 – 2029, as projected by a new Future Market Insights (FMI) report.

Most restaurant owners are shifting towards smaller-sized kitchen equipment to optimize their space and perform multiple functions at the same time. Operators of food trucks and pop-up restaurants are on the lookout for equipment that can easily fit on a counter top and free up square footage for other essentials. These trends will remain pivotal in the market build-up over the following years.

Foodservice Equipment Market – Key Growth Influencers[340 Pages Report] In 2020, the overall sales for foodservice equipment Market witnessed a massive decline due to the Covid-19 crisis as lockdown was implemented and all the factorial units were closed which led the manufacturing companies to face immense losses. Now in 2021, the global manufacturers are giving entire focus on improving their sales and profitability through product innovations and upgrades.

Leading corporations including AB Electrolux, Ali Group, Dover Corporation, Duke Manufacturing, Haier Group, SMEG S.p.A.and the Middleby Corporation are making high investments in the establishment of research institutes in different regions to come up with improvements in their offerings. They are adopting business strategies such as sales contracts, strategic alliances, acquiring technical expertise, product approvals, patents and events, joint ventures, partnership agreements, collaborations, digital marketing, mergers and acquisitions, capacity utilisations, technological advancements etc to lead the global foodservice equipment Masrket with largest market share.

For instance, Ali Group, a leading company in the food service equipment industry, announced the acquisition of KOLD-DRAFT® International from The Legacy Companies based in Fort Lauderdale, Fla. The acquisition is aimed to enhance Ali Group’s portfolio in the ice machine segment and is expected to increase the brand presence and visibility.

In addition to this, Electrolux in North America announced the donation of $1.2 Million in kitchenware to non profit organisations to support them in the holiday celebrations. Frigidaire branded pots, pans and utensils – more than 56,000 items in total – were donated at Covid-19 safe free pop-up events held in Anderson, Charlotte, Kinston and Springfield to help stock local kitchens. The non profit agencies picked up items free of cost and donated them to families and individuals they cater to.

North America is predicted to rule the global foodservice equipment market through 2030 owing to rising awareness of health and food safety. Presence of leading manufacturing companies that produce and distribute superior class foodservice equipment globally contributes to make Europe a leading region. The other key regions augmenting the growth of the foodservice equipment market include Latin America, South Asia, East Asia, Oceania and MEA.

Multifunctional Cooking Equipment Acting as Product Differentiators

Growing integration of automation in the food service industry is anticipated to create demand for advanced and cost-effective products. Substantial investments are made by manufacturers to develop advanced equipment with visual appeal and multi-functional cooking features in line with the open kitchen concept.

Foodservice operators are shifting towards the open kitchen concept so as to capitalize on the trend of clean menus with natural ingredients. Customers want to know the origin of the food that they consume and be a part of the whole experience; hence, restaurants, hotels, and resorts are shifting their preference towards visually-appealing cooking and foodservice equipment.

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Energy-efficient Equipment More Relevant

By virtue of high efficiency, demand for technological advancements in foodservice equipment such as combi-ovens and blast chillers, is anticipated to gain more relevance. These devices are inexpensive and labor saving. Combi ovens are capable of producing both convection and steam heat, by switching between the two automatically throughout the cooking process. These can roast, bake, braise, grill, steam, blanch, and poach at the same time, saving large amount of time and labor.

Along with increased cooking speed, many units have self-cleaning features. Saving energy, labor cost, water, kitchen space, water, and expansion of the menu are well worth the price of one of these units. The convenience, along with reduced cost, offered by these equipment is anticipated to propel the demand for technologically-advanced foodservice equipment.

Expansion of QSR Sector

Foodservice operators across Asia Pacific, Latin America, and the Middle East and Africa will be witnessing the entry of new participants in these regional markets. Rapid increase in the number of quick service restaurants (QSRs) and rising frequency of establishment of new delivery units, especially for grab and go food products, will hold a significant impact on the foodservice equipment market.

global foodservice equipment market

Key Takeaways – Foodservice Equipment Market Study

  • Food tourism – a new global trend especially in millennials has played a vital role in driving interest in food experiences and has led to increase in the number of food tour companies. This increase will continue to push demand for professional foodservice equipment for proper food handling and hygiene.
  • Automatic, wireless, and aesthetic designs in foodservice equipment that fit in smaller floor spaces, and are amenable with rules set by regulatory bodies such as NSF, will gain more significance.
  • Emergence of equipment with multifunctional capabilities will weigh heavy on conventional models in the near future.
  • To gain an edge over competition and increase efficiency, restaurants and hotels are upgrading and replacing old foodservice equipment with convenient digital touch control foodservice equipment.
  • By eliminating the usage of natural resources, key players are focused on introducing new equipment with energy efficiency capabilities, leading to improved cooking and production time.
  • North America is projected to be a prominent regional market for foodservice equipment, owing to high demand for replacement and renovations, along with aftermarket parts and service offerings, especially in the U.S.

The demand for foodservice equipment is mainly defined by renovation activities and miniaturization of the equipment to fit in relatively small floor spaces. Product customization, with new space-saving installations in accordance with standards, rules, and codes will play an important role in the value chain of the market.

foodservice equipment market share by region 2019 e pr

Foodservice Equipment Market: Participant InsightsWith more number of small-scale manufacturers having similar product offerings, the market structure would remain fragmented. Furthermore, the increasing number of players in the foodservice equipment market has been pushing manufacturers to include forward integration in terms of services and installation, by offering aftersales support. In terms of revenue, significant players such as Middleby Corporation, Welbilt, Ali Group S.r.l., ITW Food Equipment Group, AB Electrolux, Hoshizaki Electric Co., Ltd, Qingdao Haier Co., Ltd, and Rational AG together hold a significant share of market pie, backed by well-established sales networks and long-term partnerships with consumers.

Top manufacturers are strategically acquiring regional players to expand their global presence. For instance, Middleby Corporation has acquired Seattle-based Synesso, a designer and manufacturer of semi-automatic espresso machines. The company also acquired Brewtech, a market leader in professional craft brewing and beverage equipment, and Powerhouse Dynamics, Inc a leader in cloud-based IoT solutions for the foodservice industry.\

FOODSERVICE EQUIPMENT MARKET TAXONOMYThe global foodservice equipment market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Equipment

  • Food Preparation Equipment
    • Slicers & Peelers
    • Mixers & Grinders
    • Food Blenders
    • Processors
    • Others
  • Drink Preparation Equipment
    • Drink Blenders
    • Juicers
    • Ice Crushers
    • Others
  • Cooking Equipment
    • Grills
    • Fryers
    • Ovens
    • Toasters
    • Others
  • Heating & Holding Equipment
    • Warmers
    • Merchandisers
    • Sauce Dispensers
    • Others
  • Refrigerators & Chillers
  • Baking Equipment
  • Merchandisers
  • Dishwashers
    • Semi-integrated
    • Fully-integrated
    • Countertops/Benchtop & Portables
  • Other F&B Service Equipment

End Use

  • Full Service Restaurant & Bars
  • Quick Service Restaurant
  • Indoor and Outdoor Caterers
  • Hotels & Resorts
  • Club Restaurants
  • Commercial Canteens
    • Institutions & Offices
    • Hospitals
  • Transportation
    • Airways
    • Ships
    • Railways

Sales Channel

  • Physical Stores
  • Online Platforms

Region

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

Sperm Density Testing Market is set to witness a growth of around 6% during 2021-2031

According to the latest research by Future Market Insights, the Sperm density testing market is set to witness a growth of around 6% during 2021-2031. Sperm density testing which measures and analyses the sperm count as well as the sperm health is seeing a growth in recent years. As individuals are getting more concerned towards their health owing to increased obesity, changing lifestyles and increasing work- life imbalance taking a toll on their health. The test allows one to determine the infertility and sometimes to test for a vasectomy success.

Demand for Sperm density testing as a part of male fertility investigation on routine basis is expected to witness an optimistic growth outlook in the long run.

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What is Driving the Demand for Sperm Density Testing Market?

Cases of infertility in males can be seen rising due to various factors which are interlinked such as obesity which lowers testosteronsse levels required for driving sperm production, diabetes caused by obesity, smoking and alcohol consumption affecting sperm count and sperm quality and many more.

Other causes of decreased sperm concentration in males can be due to hormonal disorders and semen abnormalities such as low semen volume, poor sperm motility, morphological defects carries by sperm, and low sperm quality or high level of white blood cells in sperm. It has therefore become important for an individual planning to father a child, to address the issue of infertility to avoid any future complications.

As per World Health Organization (WHO) 2020 data, estimated 48 Mn couples and 186 Mn individuals are living with infertility issues.

Understanding of the magnitude and increasing prevalence of male infertility and associated challenges demands for increases testing and early determination of factors associated with it.  This is likely to boost the demand for the sperm density testing market in the forecasted period.

Which Factors are likely to Augment the Growth of the Sperm Density Testing Market?

The access to fertility care which includes preventing, diagnosing and treating the infertility, remains a major concern in most of the low and middle income countries. On the other hand, lack of trained personnel, required equipment needed for testing, high treatment medicine cost and poor health financing has turned out to be the major roadblock for countries addressing the needs of people with infertility.

Educating and raising awareness amongst people in regards to understanding the importance of treating infertility has become important. Along with various testing methods, the availability of treatment to treat low sperm count such as surgery, assisted reproductive technology (ART) and hormone treatment and medication, is likely to boost the confidence of individuals seeking treatments. The sperm density testing market is thus, expected to grow in the forecast period.

North America Sperm Density Testing Market Outlook

North America market growth is largely driven by increasing number of individuals affected with infertility issues. Factors such as advancements in education, late marriage, delayed child bearing, increasing cases of obesity and decreased family sizes have all impacted to this increasing figure.

As per Centers for Disease Control and Prevention (CDC) report, in USA, more than 440 clinics provide services pertaining to infertility to people seeking treatment.

As per CDC 2017 report, nearly 2% of live births in USA are due to the ART (Assisted Reproductive Technology) treatment, which is increasing further by 5% to 10% every year.

As per The Lancet report in 2020, around 8-10% of couples are affected by infertility globally while in 50% of those cases, male infertility has been the main cause.

Nearly 25% of the couples interviewed are unaware of their infertility related issues, while 60% mentioned to have received infertility treatment or IVF or medications   as per Singlecare’s infertility survey, 2020.

Continuous technological advancements and development of advanced, easy-to-use, more accurate yet low cost testing devices along with increasing awareness regarding fertility testing amongst men are expected to further improve the market scenario of sperm density testing. It is believed to promote the growth of the market in the forecasted period.

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Europe Demand Outlook for Sperm Density Testing

Europe is anticipated to be the largest market for sperm density testing. Growing  advancement in the field of diagnostics and treatment for male infertility, possibility of identifying correcting defects through genetic testing and microsurgeries and presence of key market players in the European region will facilitate the growth of the market in the forecasted period.

Who are the key Manufacturers and Suppliers of the Sperm Density Testing Market?

Some of the key players of Sperm density testing include

  • DNA Diagnostics Center (U.S.)
  • Sandstone Diagnostics
  • FKA Brands
  • Medical Electronics System
  • ExSeed Health
  • Pride Angel
  • Sujunghitec co. ltd

others Companies offering Sperm density testing are involved in existing product upgrades, new product launches, mergers and collaborations to enhance their market position.

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

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Key Segments

By Test Type:

  • Laboratory Testing
  • Manual semen assessment (MSA)
  • Computer assisted sperm analyser (CASA)
  • Neubauer hemocytometer- Sperm counter
  • Functional sperm testing
  • DNA fragmentation index testing
  • Seminal oxidation potential
  • Rapid Diagnostic testing

By Distribution Channel:

  • Drugstores
  • Retail Pharmacies
  • Hospital Pharmacies
  • Online Pharmacies

By End User:

  • Fertility Clinics
  • Diagnostic Centers
  • Hospitals
  • Home care settings

Repositioning and Offloading Devices Market is set to experience 6% growth during the year 2021-2031

According to the latest research by Future Market Insights, the repositioning and offloading devices Market is set to experience 6% growth during the year 2021-2031.

Repositioning and offloading devices are particularly used for the treatment of diabetic foot ulcers.

These ulcers in the diabetic person are caused due to poor circulation in a particular area, hyperglycaemia or any nerve damage. During the treatment of diabetic foot ulcers, pressure modulation also known as offloading is used to mitigate the pressure from a particular area.

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What is the Driving Demand for Repositioning and Offloading Devices

The main aim of offloading devices is to mitigate the pressure and promote healing. The drivers for this market can include the recurrence of ulceration in the diabetic foot.

The growth of this market is anticipated due to the rise in the prevalence of diabetes. According to research, diabetes-related foot ulceration (DFU) affects 26 million people annually worldwide and results in large mortality.

The increasing geriatric population are more prone to diabetes and DFU. According to a UN report, the geriatric population is expected to increase by 16% by 2050. This may act as a driver for the market. Apart from DFU, different pressure ulcers are caused majorly due to immobility. This is particularly seen in elderly people and patients with spine or back injuries.

These injuries restrict the movement of the patient, due to which pressures are created on specific body parts.

The increase in the number of surgeries and the development of pressure ulcers will drive the market.

The repositioning devices are particularly used to move the patient from one place to another. This may include shifting them from one department o hospital to another. For example, shifting them from outpatient department to inpatient department or ICU. The rise in the prevalence of accidents and injuries drives this market.

Impact of Covid on Repositioning and Offloading Device Market

In March 2020, WHO declared the outbreak of Covid-19 as a pandemic. Like any other sector, the healthcare sector was also tremendously impacted by it.

Due to restrictions, the lifestyle of the people changes and became sedentary. This sedentary lifestyle has led to an increase in chronic disorders, diabetes and the occurrence of pressure ulcers.

To combat the deadly virus, the hospitals were asked only to perform essential surgeries. For the movement of patients post-surgery repositioning devices were used. Hence, COVID-19 had a positive impact on this market.

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Who are the Key Manufacturers and Suppliers of Repositioning and Offloading Devices

Some of the key players operating in the repositioning and offloading devices Market are

  • Mölnlycke Health Care AB
  • Beechfield Healthcare Ltd
  • Next Health
  • LLC
  • Sage Products LLC
  • Stryker
  • Seneca Devices Inc.
  • Guldmann
  • Hill-Rom Services
  • Frontier Medical Group
  • Walgreen Health Solutions
  • LLC Arjo
  • Next Health LLC.

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Key Segments

By Application:

  • Surgery
  • Diagnostics

By Product type:

  • Nonremovable knee-high offloading devices
  • removable knee-high offloading devices
  • Air-assisted lateral transfer systems
  • Replacement Sliding sheets
  • Wheelchairs

By End-User:

  • Hospitals
  • Ambulatory care
  • Home care setting
  • Nursing homes

Zellweger Spectrum Disorder Market Healthcare Analysis | Top Players Blueprint Genetics Oy, Centogene N V, Gene Dx Inc., Asper Biogene LLC

According to the latest research by Future Market Insights, the Zellweger Spectrum Disorder market will witness growth during 2021-2031.

Zellweger spectrum disorder consists of Heimler Syndrome, Infantile Refsum Disease and Neonatal Adrenoleukodystrophy. With new advances coming up in genomics, novel ways to treat and manage ZSD in a way that gives the minimum discomfort to the victims of this disorder are being researched and trialled.

These will further boost the market during the forecast period.

Being a rare disease, not much was known about ZSD. But now with soaring research investments, better clinical understanding is beginning to build.

This will boost early diagnosis of the disorder which help in mapping appropriate treatment plans. Ultimately, all of these factors will amount to a global market growth.

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What is Driving Demand for Zellweger Spectrum Disorder Market

Zellweger spectrum disorders is group of inherited autosomal genetic conditions where most of the organs of the human body are affected.

This disease happens due to mutation of a specific gene called as PEX-gene which makes it defective, showing early signs like high forehead, muscular hypotonia, seizures, vision and hearing difficulties, etc. soon after birth. Therefore, the rising genomics research an important factor to boost its market.

This disorder is pretty rare as 1 in 50,000 new-borns get affected due to ZSD.

The novel corona virus has swept the entire globe and hence in finding a cure against it has boosted the research and development faction.

Aggressive research in finding answers towards the previously less researched and rare diseases like zellweger spectrum disorder is gaining popularity as healthcare professionals are wanting to be entirely prepared for any similar occurrence in the future. Making it one of the most important driving factors which will contribute in its growth.

Genetic Counselling for Zellweger Spectrum Disorders

“At birth, there is 25% chance of the sibling of new-born getting affected and 50% chance of that individual being a carrier with no symptoms and 25% chance of being asymptomatic and not a carrier.” says the study done by University of Washington. So, pertaining to this, testing of relatives of the identified affected individual can be undertaken.

Also counselling of these probable carrier individuals to do a prenatal DNA testing in order to plan a timely management of zellweger spectrum disorders can be done.

As, prevalence of this disorder cannot be avoided. Early detection of this disorder will certainly help in early treatment and thus boosting the market.

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U.S. and Canada Zellweger Spectrum Disorder Market 

With state-of-the-art healthcare as well as ceaseless researches going on foreshadows that U.S will dominate the North American market.

Presence of a mandate for zellweger screening test for new-born babies added to availability of highly developed diagnostic equipments will aid U.S in dominating the zellweger spectrum disorder market.

Rising initiatives for detection, prevention and treatment of this disorders is helping in boosting the awareness of this disorder.

Europe Zellweger Spectrum Disorder Market 

The second dominant market in zellweger spectrum disorders will be Europe. New-born testing for ZSD is taking a grip after US making it mandatory.

Dedicated research with various collaborations are also underway in order to ensure proper testing facilities and kits are available for the new-born testing and various other verticals for management of this disorder.

Furthermore, presence of players in like Centogene N V (Germany), Asper Biogene LLC (Estonia). in the region is likely to augment ZSD market growth.

Who are the key Manufacturing and Supplying Companies in Zellweger Spectrum Disorder Market

Key Players:

  • Invitae
  • Blueprint Genetics Oy
  • Centogene N V
  • Gene Dx Inc.
  • Asper Biogene LLC
  • Eugene labs
  • GE Healthcare
  • Philips Healthcare
  • Siemens Healthcare
  • Trivitron Healthcare
  • Care Stream Healthcare
  • AGFA Healthcare
  • Shimadzu
  • Hitachi Medical.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

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Key Segments

By Treatment Type:

  • Audiological
  • Ophthalmological
  • Orthopaedic
  • Paediatric
  • Neurological
  • Surgical

By Diagnostic Tests:

  • Blood test
  • Urine test
  • Ultrasound
  • Genetic tests

By End User:

  • Hospitals
  • Clinics
  • Health Centres
  • Diagnostic Centres
  • Genetic Testing Laboratories

By Region:

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

Wearable Thermometers Market is set to witness robust growth with 8.9% CAGR growth during the year 2021-2031

According to the latest research by Future Market Insights, the wearable thermometers market is set to witness robust growth with 8.9% CAGR growth during the year 2021-2031.

The rising prevalence of Covid-19 cases in the world, which require thermometers to check the human body temperature, drives the wearable thermometers market demand. Increased consumer health awareness has led to wearable temperature sensors being used to efficiently measure health in the modern age.

In order to push the wearable thermometer market during its projected time, electronics integration and technological advancement adoption into everyday operations and changing lifestyles will also be anticipated.

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What is Driving Demand for Wearable Thermometers Market

The growth of the market has been attributed to important factors, including the increasing prevalence of Covid-19 cases around the globe, growing demand for advanced monitoring devices to check body temperature, the widespread number of surgical procedures, the growing concern for children’s health in regions, and the growing demand for healthcare.

Furthermore, the key competitors in the market are witnessing the enormous development of research and development efforts to create new products and enhance existing goods.

The U.S. And Canada Wearable Thermometers Market Outlook

U.S and Canada are the main R&D player in the manufacture of wearable thermometers and the technological advancesment have encouraged the wearable thermometer to develop novel concepts. ?

Factors such as the growing incidents of chronic diseases, the increasing number of technological innovations, the presence of leading players, and the emerging new products in healthcare, etc. can be attributed to growth in the U.S. and Canada.

Additionally, U.S. and Canada is the largest contributor to the wearable wireless thermometer market, with a similar flow likely to continue and dominate the industry in the next several years.

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Europe Demand Outlook for Wearable Thermometers Market

Europe’s fastest-growing market for wearable thermometer market continues and dominate the industry.

Factors such as the rising number of COVID-19 patients, geriatric population, development of new and advanced technologies, and increasing consciousness of innovative health services are the main reasons for the strong growth of the wearable thermometers market in Europe.

Additionally, the growing adoption of AI technologies by key manufacturers has boosted the demand outlook for wearable thermometers in Europe.

Who are the Key Manufacturers and Suppliers of Wearable Thermometers Market

Some of the key players operating in the wearable thermometers market are

  • Terumo Corporation
  • 3M Company
  • Drägerwerk AG & Co.
  • KGaA
  • Cosinuss GmbH
  • Welch Allyn, Inc.
  • Omron Healthcare
  • Microlife Corporation
  • Koninklijke Philips N.V.
  • Cosinuss
  • Masimo
  • Taidoc Technology Corporation
  • C.R. Bard
  • Helen of Troy Limited, and Briggs Healthcare.

Companies involve mergers, collaborations, and acquisitions aimed at enhancing their product portfolios, production capacity, and ensuring competitive variety.

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Key Segment

By Product Type:

  • In-Ear
  • Wristband/Watches
  • Medical Skin Patches
  • Smart Clothing
  • Others

By Application:

  • Clinical
  • Wellness

Retinal Vasculitis Treatment Market | Where Should Participant Focus To Gain Maximum ROI | Exclusive Report By Future Market Insights

According to the latest research by Future Market Insights, the Retinal Vasculitis market will witness growth during 2021-2031.

Retinal Vasculitis is condition where the blood vessels in the ocular region get inflammated due to associated conditions like auto-immune disorder, inflammatory disorders, infective disorders and neoplastic disorders.

Prevalence of this inflammatory condition is increasing day-by-day as per the statistics given by CDC and Statista.

This will directly affect research and development in finding ways to effectively treat it and hence boosting the market growth.

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What is Driving Demand for Retinal Vasculitis Treatment Market

The foremost driver which is increasing demand for this treatment market is application of Intravitreal Aflibercept injections in treating the vasculitis of retina.

These injections assist in reducing the oedema at the inflammation site. Study published in PubMed in Feb 2020 concluded that indeed use of these injections in management of a rare syndrome called as IRVAN (Idiopathic Retinal Vasculitis, Aneurysms and Neuroretinitis) syndrome. Retinal vasculitis is a part of this syndrome.

These injections will prove beneficial and provide more insight for end stage management of this syndrome.

Study from Ophthalmology Retina explored the application of Fluorescein Angiography (FA) in detection of retinal vasculitis in children from Children’s Medical Center in Dallas who were suffering from Paediatric Uveitis. Conclusions of this study made FA another important driving factor in this treatment market.

Researchers concluded that,” Evaluation of paediatric patients through FA is very beneficial in confirming the suspicion of involvlement of RV in it.

As failing in controlling this vasculitis may be a contributing factor poor prognosis of these patients as it can lead to long-term complications. Such studies help improve ailment management which assists in market growth.

Detection of Retinal Vasculitis Through Swept-Source OCT Angiography

Patients with retinal vasculitis treatment were selected for this study and were sent for an ss-OCTA (swept source- ocular coherence tomography angiography).

Thickening of the structure of retina along with showing the leakage in its vascular system due to inflammation.

Even though further in depth studies are required to authenticate if ss-OCTA can prove to be beneficial than FA, this study will propel further research into this application and hence boost the market growth.

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U.S. and Canada Retinal Vasculitis Treatment Market 

As per CDC, 4.2 million Americans suffer from some form of ophthalmic ailment indicating that prevalence of retinal disorders is rising in US.

A new roster of ophthalmic treatments being launched in the country will drive the market towards a positive side. Authorities here are now focusing more on investments in R&D to improve the management and treatment of these retinal disorders.

This collectively makes US a front runner in the retinal vasculitis treatment market in North America Region.

Europe Retinal Vasculitis Treatment Market 

According to data published on Statista, as of 2020, 3.6% eastern-European people suffer from some kind of visual ailment. Owing to this, demand for advanced and swift treatment for retinal disorders is increasing.

Furthermore, the rising technological advancement and increasing investment in R&D is expected to drive the market growth during the forecast period.

Who are the key Manufacturing and Supplying Companies in Retinal Vasculitis Treatment Market

Key players:

  • Regeneron Pharmaceuticals, Inc.
  • F. Hoffmann-La Roche Ltd.
  • Shire (Takeda Pharmaceutical Company Limited)
  • Bayer AG
  • Santen Pharmaceutical Co., Ltd.
  • Pfizer, Inc.
  • Allergan plc
  • Graybug Vision, Inc.
  • Novartis AG
  • Acucela Inc.
  • Merck & Co., Inc.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

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Key Segments

By Drug Type:

  • Corticosteroids
  • Anti-Inflammatory
  • Immunosuppressants

By Infection Type:

  • Bacterial
  • Viral
  • Fungal
  • Parasitic
  • Rickettsia

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Stores Pharmacies
  • Online Stores
  • Others

By Region:

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

Malaria Ag Rapid Testing Market Is Set To Experience 5% Growth During The Year 2021-2031

According to the latest research by Future Market Insights, Malaria Ag rapid Testing Market is set to experience 5% growth during the year 2021-2031. Malaria Ag rapid testing kits allows for quick detection of malarial antigen present in human body without the use of microscopes or in lab set-ups. Primary advantage of using a rapid testing kit is its ease of collection, cost effectiveness, safety and user friendly.

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What is Driving the Demand for Malaria Ag Rapid Testing Market

Malaria Ag rapid testing or rapid diagnostic test are lateral flow immunochromatographic antigen detection test, usually available in test strip or cassette form. These test detect the presence of malarial parasite antigen, in an infected human blood giving results within 15 minutes. Such procedures are simple, safe and easier for quick diagnosis of malaria at an initial stage and does not require special equipment or training.

An increasing number of cases of malaria in tropical countries along with increasing travelers visiting these countries, and in turn getting infected by malaria, can be seen rising in recent years.

Also the unavailability of lab testing for diagnosis of malaria in most endemic countries has further increased the necessity for the malaria antigen rapid tests.

A per the 2019-20 report by World Health Organization (WHO), an estimated 229 Mn cases of malaria was found globally in 87 malaria-endemic countries in 2019.

Of which, 05 countries in Africa region namely, Nigeria (27%), the Democratic Republic of the Congo (12%), Uganda (5%), Mozambique (4%) and Niger (3%), accounted for about 51% of the global cases.

Thus, the demand for the Malaria Ag rapid testing market is likely to provide incremental opportunity in the forecasted period.

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Which Factors are likely to Augment the Growth of the Malaria Ag Rapid Testing Market

The field of malaria Ag rapid testing market is witnessing series of advancements and is further expected to offer effective diagnostic solutions for infections caused by malaria.

An increasing number of deaths caused due to non-diagnosis of malaria at early stages and increased resistance of parasite especially

P.falciparum to anti-malarial drugs has increased the need for these rapid diagnostic tests to diagnose the disease at the earliest and provide for treatment of same.

As per the 2019-20 report by World Health Organization (WHO), 67% (274,000) of the total deaths caused by malaria, at global level, consisted of children below 5 years of age, in 2019.

Investment in malaria programs and research & development for malaria control and elimination are being undertaken by government and industry players in various regions. Various Public and private sector organizations are also playing major role in promoting and supporting the clinical development of key products.

A per the 2019-20 report by World Health Organization (WHO), an estimated US$ 3 Bn was the total funding provided for malaria control and elimination.

Out of this total, US$ 900 Mn (31% of total funds) of funding was contributed by the government of endemic countries.

It is thus, expected for the malaria Ag rapid test market to seek a growth in the forecasted period.

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North America Malaria Ag Rapid Testing Market Outlook

North America market growth is largely driven by the prevalence of “Airport” Malaria, a common term referring to the malarial infection caused due to the travelling population. Those who visit the malaria-endemic countries and in return get themselves exposed to the infection, resulting in transmission of the infection to the non-infected ones.

As per Centers for Disease Control and Prevention (CDC) report in 2019, approximately 2000 cases of malaria are detected every year in United States.

This is majorly due to increasing number of returning travelers and immigrants coming from countries where malaria transmission happened such as Sub Saharan Africa and South Asia.

Early detection of such cases can reduce future complications as well as risk of transmission associated with the infection. The FDA approved BinaxNOW rapid diagnostic test kit can test for malaria in an individual and help confirm the result.

Alternatively, various policy developments, scientific researches and initiatives, mosquito control programs undertaken by government to eliminate and to reduce the malaria transmission in this segment are expected to further improve the market scenario of Malaria Ag rapid testing.

With increasing number of malaria cases, it is believed to promote the growth of the malaria rapid testing market in the forecasted period.

Europe Demand Outlook for Malaria Ag rapid testing

Europe is anticipated to be the largest market for Malaria Ag rapid testing.

The continuous increase in business related/leisure travels, or migratory movements for employment to and from endemic countries have increased the chances of importing malaria to a malaria-free or non-endemic countries.

As per European Centre for Disease Prevention and Control (ECDC) Annual epidemiological report in 2019, 8641 cases of malarial were reported in Europe region, of which 99% of the cases were confirmed to be travel related infected malaria cases, while the rest 1% was acquired in the Europe.

A trend was observed in travel – related cases when the number of infections increase during or immediately after summer holidays (July –September).

The continuous efforts of government and private players in increasing the awareness about the control and management of malarial cases, growing research and development activities to diagnose malarial causing species in the European region which will further facilitate the growth of the market in the forecasted period.

Who are the key Manufacturers and Suppliers of the Malaria Ag Rapid Testing

Some of the key players of Malaria Ag rapid testing include

  • Abbott
  • Accuquik™ Test Kits (USA) Advy Chemical Pvt. Ltd.
  • Arkray Healthcare Pvt Ltd
  • CTK Biotech Inc.
  •  Biotrol laboratories Pvt. Ltd.
  • malarex Limited (UK)
  • Alere
  • Ameritek Inc.
  • Apacor ltd.
  • Atmo Diagnostics
  • Biosynex
  • Boson Biotech Co. Ltd.
  • HWTAi BioTec
  • Nectar Lifesciences
  • standard Diagnostics
  • TCS Biosciences Ltd
  • Teco Diagnostics
  • okchem.com Bio Lab Diagnostics (I) Private Limited
  • China Tianjin Recare Co., Ltd
  • Avecon Healthcare Pvt Ltd.

Companies offering Malaria Ag rapid testing are involved in existing product upgrades, new product launches, mergers and collaborations to enhance their market position.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

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

Human Osteoblasts Market Is Set To Witness A 7.1% Growth During The Year 2021-2031

According to the latest research by Future Market Insights, Human osteoblasts market is set to witness a 7.1% growth during the year 2021-2031.

The market has been a competitive market growing at a rapid rate and is expected to witness lucrative growth with the increasing incidences of the chronic illnesses, need for personalized medicines, and investments and grants by the governments.

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What is Driving Demand for Human Osteoblasts

There are several factors that are boosting the market growth, such as increasing cost of organ transplantation and growing medical applications of 3D printing in organ and tissue regeneration.

In addition, the growing incidences of road accidents, chronic diseases, and trauma injuries, ongoing research for tissue regeneration, and technological advancements in 3d tissue engineering are some factors that will increase the demand for human osteoblasts.

Moreover, recent advancements in the field of regeneration surgeries, chiefly stem cell research, is projected to offer lucrative opportunities for human osteoblasts market.

Increasing Number of Chronic Diseases likely to Boost the Human Osteoblasts Sales

The shift towards unhealthy lifestyle and dietary habits lead to different chronic diseases. An increase in number of patients with chronic illnesses is expected to boost the global human osteoblasts market. As per the Centers for Disease Control and Prevention, in 2018, 51.8% of population had been identified with at least 1 of 10 selected chronic diseases in the U.S.

Moreover, growth in applications of 3D printing in tissue regeneration, growth in research & development and innovation in cell therapies, nanotechnology, biomaterials, and drug delivery are expected to boost the global market.

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US and Canada Human Osteoblasts Market Outlook

United States and Canada held the largest market share in the Human osteoblasts market. U.S.

Human osteoblasts market will observe significant growth due to rise in prevalence of chronic diseases presence of key market players with focus on research & development, and new product launches.

Moreover, factors such as increasing government initiatives to develop health care infrastructure and rising of number of clinical trials are expected boost the market in the country.

Europe Demand Outlook for Human osteoblasts

Europe is second-largest market and is anticipated to register a significant growth because of the increasing awareness regarding cell therapy and increasing pool of patients.

Also, growing assistance of the government in the field of life science and increased accessibility to the funds for the research and development activities are expected to further drive the growth of the human osteoblasts market.

Who are the Key Manufacturers and Suppliers of Human Osteoblasts

Some of the leading manufacturers and suppliers of Human osteoblasts include

  • Sigma-Aldrich
  • Athersys Inc.
  • Cerapedics Inc.
  • CryoLife, Inc.
  • Cytori Therapeutics Inc.
  • U.S. Stem Cell Inc.
  • Vericel Corporation
  • Wright Medical Group N.V
  • Biocomposites
  • BD
  • Zimmer Biomet
  • PromoCell and others.

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The human osteoblasts market is competitive, with the existence of a major players available in global markets.

Large scale players in the market have been involved in mergers and acquisitions, partnerships with other smaller companies.  This is one the key trends observed in the human osteoblasts market. Moreover, manufacturers are focusing on patents and approval for their products.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

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

Fluid Transfer Solutions Market Is Set To Witness A Growth Of 5% And 7% During 2021-2031

According to the latest research by Future Market Insights, the Fluid transfer solutions market is set to witness a growth of 5% and 7% during 2021-2031.

Fluid transfer process is considered one of the critical steps in manufacturing processes and takes place routinely in the field of medical, biopharmaceutical or cell therapy industries.

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As it involves careful transfer of fluids under sterile conditions, different types of fluid transfer can be achieved on the basis on intended applications and the industry where it is used. Demand for Fluid transfer solutions is expected to witness an optimistic growth outlook in the long run.

What is Driving the Demand for Fluid Transfer Solutions Market

Continuous research activities for the development of newer treatments, growth in pharmaceutical industry producing new vaccines and cell and gene therapy processing industries can be seen using the aseptic transfer of materials in their processes, from small scale to large scale, thus driving the demand for fluid transfer solutions market.

Aseptic transfer of cell and fluid material requires different equipment or devices depending on various product and processes, and as per the industry.

On the basis of this, there are single-use or disposable fluid transfer products and customized fluid transfer products offered by different companies, made of different material such as poly vinyl chloride (PVC) or silicone or stainless steel.

Application of Fluid transfer solutions varies as per the industry such as in medical industry- Poly Vinyl Chloride (PVC) are used for tubing purpose such as in blood bags, IV and fluid transfer sets, dialysis bags and IV containers. While in biopharmaceutical industry, applications includes single use systems, peristaltic pumps, upstream and downstream and fill and finish processes.

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Benefits from single use fluid transfer systems can be seen in terms of facility design, validation and investment along with reduced risk of cross contamination, faster turn-around time and improved process connectivity.

The single use systems are thus considered to be driving the market for fluid transfer solutions in the forecast period.

Which Factors are likely to Augment the Growth of the Fluid Transfer Solutions Market

The wide range of fluid transfer products from simple tubing to complex mixing solutions available in the market is expected to augment the growth of fluid transfer solutions market during the forecast period.

This includes single use systems (for sampling, small volume transfer tubes), custom sampling solutions, various filtration and transferring assemblies, multibag mixing systems and bottle manifolds.

Continuous focus on development of innovative approaches to handle fluid solutions, increased level of automation and commercialization of new technologies are being undertaken by many companies serving this field.

This will lead to the growth of the market in the forecast period.

North America Fluid Transfer Solutions Market Outlook

North America market growth is largely driven by advanced healthcare infrastructure and growing healthcare driven research and development.

As per the recent report by National Institutes of Health (NIH), the NIH invests nearly $41 Bn in the field of medical research annually, more than 80% of which is funded to the research institutions and medical schools, while the rest support independent projects in USA.

Investment pertaining to clinical researches in medical industry by many private and government organization have been increased in recent times.

Thereby growing the demand for aseptic transfer of materials and drugs under sterile conditions, which is likely to boost the fluid transfer solutions market in this region during the forecast period.

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Europe Demand Outlook for Fluid Transfer Solutions

Europe is anticipated to be the second largest market for fluid transfer solutions.

Growing research and development activities to develop better treatment, new and improved vaccines, leading to innovative aseptic fluid handling approaches and products and the presence of key market players, in the European region will facilitate the growth of the market in the forecasted period.

Who are the key Manufacturers and Suppliers of the Fluid Transfer Solutions

Some of the key players of Fluid transfer solutions include

Companies offering Fluid transfer solutions are involved in existing product upgrades, new product launches, mergers and collaborations to enhance their market position.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

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

RNA-Targeted Small Molecules Market Is Set To Witness A 6.6% Growth During The Year 2021-2031

According to the latest research by Future Market Insights, RNA-Targeted Small Molecules market is set to witness a 6.6% growth during the year 2021-2031.

The market is a fragmented market growing at a slow rate and is anticipated to witness lucrative growth with the rising use of methodologies by major players; the market is projected to grow over the forecast period.

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What is Driving Demand for RNA-Targeted Small Molecules

Factors such as development in genome mapping programs, the rising innovative developments, and increasing applications are anticipated to boost the market growth.

Moreover, technological advancements help in the market development. Technological developments has assisted analysts to collect vital information about public health and epidemiology studies, to sequence viruses and bacteria and help find causes that might add to the virulence.

Furthermore, the market is boosted by the advantages of rising number of mRNA-sequencing grants; mRNA-sequencing over traditional technologies; quick development in the precision medicine market; and increasing amount of research including RNA-seq.

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Growing Number of Cancer Cases, likely to Boost RNA-Targeted Small Molecules Sales

Cancer is one of the leading cause of death across the world. As per the American Cancer Society, around 1.8 million new cancer cases were diagnosed and around 606,520 cancer deaths occurred in 2020, in the United States. Hence, rising burden of a wide range of diseases among people, worldwide, is expected to boost the demand for the market.

There has been an increase in the utilization of advanced technologies, like combinatorial chemistry, bioinformatics, and high throughput for better drug candidate detection.

US and Canada RNA-Targeted Small Molecules Market Outlook

The US and Canada RNA-Targeted Small Molecules market is projected to observe a robust growth in the market due to the rise in presence of several cancer-relief organizations and campaigns in the US and Canada.

In addition, US has high opportunities for biosimilars, because biologics hold higher price. By 2021, the US market is expected to be one of the main competitors of biosimilars.

Moreover, beneficial government initiatives and upsurge in number of research partnerships are few of the factors projected to upsurge market growth.

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Europe Demand Outlook for RNA-Targeted Small Molecules

Europe is anticipated to be second most lucrative region for market due to various factors.

The growing patient pool results into a high rate of RNA-targeted small molecules adoption due to the growing number of cancer patients.

In addition, rise in cancer patients, focus on merger and acquisition and funding by the governmental bodies by several major manufacturers is anticipated to lead to RNA-targeted small molecules market growth.

Who are the Key Manufacturers and Suppliers of RNA-Targeted Small Molecules

Some of the leading manufacturers and suppliers of RNA-Targeted Small Molecules include

The market is fragmented with presence of different major players. Technological collaborations and partnerships by the key players in the market with a vision to bridge the demand-supply gap is projected to play a major role in growth of the market.

Globally, they are involved in long term contracts with healthcare organizations, and are comprising into strategic alliances and partnerships with other players in several nations to expand their business.

In addition, key manufacturers are funding extensively in the research and development to produce advanced products.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

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