Dental Plaster Market Expected to Reach USD 251.2 Million by 2034 at a 4.9% of CAGR

Dental Plaster Market
Dental Plaster Market

The global dental plaster market is set for significant growth, with an anticipated valuation of USD 155.7 million by 2024. According to industry projections, the market is expected to expand further to USD 251.2 million by 2034, reflecting a moderate compound annual growth rate (CAGR) of 4.9% throughout the forecast period.

The growth of the dental plaster market is driven by increasing demand for high-quality dental materials and advancements in dental technology. As dental practices continue to evolve and expand, the need for reliable and efficient dental plaster solutions is expected to rise, supporting steady market progression over the next decade.

Dental plaster plays a critical role in various dental procedures, including mold creation and prosthetic development. The anticipated growth is driven by rising demand for dental care services, advancements in dental technology, and an increasing focus on dental aesthetics.

As the market evolves, ongoing innovations and enhancements in dental plaster formulations are expected to support this moderate but steady growth trajectory. The expanding applications of dental plaster in modern dentistry are expected to drive continued interest and investment in the sector.

Enhanced Stone Plaster (Type IV) to Spearhead Market Surge

In a pivotal shift in market dynamics, Enhanced Stone Plaster (Type IV) is anticipated to take the lead in 2021, boasting a dominant market share of approximately 30.7%. This surge is attributed to the extensive adoption range and versatile applications in dental cast goods, reflecting the industry’s adaptability and responsiveness to evolving demands.

Replacing missing teeth with implants can aid with improvements in chewing better. Dental implants are widely used in this case, as they do not interfere with the original tooth tissue, and are non-invasive in case of external bridgework. The dental stone plasters are used to design the dentition mold for proper diagnosis and designing of a customized implant.

As the demand to look aesthetically perfect in all aspects is rising by the hour, the demand for dental implants is also rising since they are designed to look, feel, and function like natural teeth. This factor will propel the sales of the Global Dental Plaster Industry in the forecast period.

The Global Dental Plaster Industry is reliant on the rise in the metrics for dental treatments among the geriatric population group, the growing preference for dental implants, the surge in the popularity of cosmetic dentistry, and the use of gypsum in dental plasters.

Key Takeaways from the Dental Plaster Market Study

  • By product, improved stone plaster (type IV) held the highest market value share of 7% in the year 2021.
  • Dental clinics accounted for the largest market share of 2% by end-user segment in 2021 in the dental plaster market.
  • Dental clinics have the maximum adoption of dental consumables like implants, prosthetics, braces, crowns, dental impression materials, and many more.
  • North America is slated to be the largest leading region with a value share of 5% at the end of the forecast period owing to the large patient pool with oral diseases, and an increase in dental procedures in the region.

Dental Plaster Market Competition

Top players in the Global Dental Plaster Industry are adopting strategies of launching new products with technological advancements to increase their customer base in traditional and non-traditional markets. With a fragmented market space, intensive competition exists among the local players and established international companies.

Some key developments in the Dental Plaster Market include:

  • In April 2019, 3M Science launched “3M Filtek Universal restorative”. This product makes use of nano-fillers to produce an accurate nanocomposite.
  • Heraeus Kulzer introduced “Delera”, a new tooth line for everyday use in February 2019. The popular tooth line is part of Kulzer’s extensive artificial tooth line, led by the Pala Premium line.

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Key Segments Covered in Dental Plaster Market Research

By Product:

  • Impression Plaster (Type I)
  • Modelling plaster (Type II)
  • Stone Hard Plaster (Type III)
  • Improved stone Plaster (Type IV)
  • High-strength plaster (Type V)

By End User:

  • Hospitals
  • Dental Clinics
  • Academic Institutes
  • Others

By Region:

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

Author

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

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

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

About Future Market Insights (FMI)

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

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Network Engineering Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2034

It is anticipated that the market for network engineering services would grow to US$ 50.3 billion by 2024. In 2034, the market is projected to be valued US$ 105.8 billion. Forecasts state that the market will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2034.

There is increasing pressure on communication service providers (CSPs) to maximize income as they battle to stand out in a crowded market. The implementation and administration of networks are evolving due to new technical developments like software-defined networking (SDN) and network functions virtualization (NFV).

Global network engineering service are predicted to grow significantly over the next few years. With more people using network infrastructure, 5G technology adoption, and the demand for network optimization and security, the market value is expected to rise. With technological advancements, organizations will increasingly rely on network engineering service as their needs evolve.

Adding security to networks continues to be a focus of network engineering service as cyber threats become more prevalent. As security threats continue to evolve, it is increasingly important that engineers stay up-to-date on the latest security measures and technologies to safeguard networks.

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Network engineering service will be impacted significantly by automation and artificial intelligence. By implementing these technologies, it is possible to manage networks more efficiently, to prevent problems from occurring in the first place, and to increase productivity.

5G networks and network virtualization will shape the future landscape of network engineering service in an era of technological convergence. As the digital age evolves, organizations will have to employ skilled network engineers so that their network infrastructures can be designed, implemented, and managed to meet the ever-changing demands of the future.

Network engineering service will be impacted significantly by 5G technology. 5G networks will require engineers to upgrade infrastructures, optimize networks, implement security measures, integrate technologies, and support new applications. A significant economic impact is also expected to be generated by deploying 5G, stimulating economic growth and job creation.

Key Takeaways

  • Large size enterprises will continue to dominate the network engineering service market in 2024 with 67% of the total value share.
  • The market for network engineering service in the United States is expected to expand at a CAGR of 5.6% during the forecast period.
  • China’s internet penetration and digital landscape continue to grow, resulting in an 8.2% CAGR for the market.
  • The demand for network engineering service in Australia is expected to increase at a CAGR of 11.2% throughout the forecast period.
  • The enterprise segment will account for 35% of the market for network engineering service by 2024.

“Faster and more reliable 5G networks enable businesses and individuals to take advantage of new possibilities. With the expansion of businesses globally, the need for reliable and interconnected networks for communications and data transfers is increasing,”opines Sudip Saha, managing director at Future Market Insights (FMI) analyst.

Market Competition

Players have adopted different strategies to increase their market share for network engineering service. Industry players use several strategies, including acquisitions, joint ventures, and product launches.

Top 10 Key Players in the Network Engineering Service Market

  • SINCERA TECHNOLOGIES
  • Juniper Networks Inc.
  • Datavision Inc.
  • Cyient
  • HCL Technologies Limited
  • Accenture
  • Infosys Limited
  • Advance Digital Systems Inc.
  • Movate
  • Hughes Systique Corporation.

Key Developments

  • In April 2023, Infosys, a leading digital service and consulting provider, became a Leader in the Everest Group’s 5G Engineering Service PEAK Matrix® Assessment 2023. In addition to marquee projects, Infosys has consistently focused on developing use cases.
  • In November 2023, the Navy unveiled a $173M network engineering contract solicitation. Through this contract, the Navy is replacing and consolidating its existing afloat networks into a common computing environment as part of its broader Consolidated Afloat Networks and Enterprise Service program.

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More Valuable Insights Available

Future Market Insights offers an unbiased global market analysis, providing historical data for 2019 to 2023 and forecast statistics from 2024 to 2034.

To understand opportunities in the network engineering service market, the market is segmented based on By Service Type (Professional Service, (Design & Planning, Implementation, Integration, Network Optimization), Managed Service), By Connection Type (Wired, Wireless), By Organization Size (Large Size Enterprises, Small and Medium Sized Enterprises (SMEs)), By End-use (Communication Service Providers (CSPs), Enterprises (Government & Public Sector, Healthcare, Retail & E-commerce, BFSI, Manufacturing, Automotive, Others)), and Region (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, Middle East, and Africa).

Network Engineering Service Market Segmentation

By Service Type:

  • Professional Service
    • Design & Planning
    • Implementation
    • Integration
    • Network Optimization
  • Managed Service

By Connection Type:

  • Wired
  • Wireless

By Organization Size:

  • Large Size Enterprises
  • Small and Medium Sized Enterprises (SMEs)

By End Use:

  • Communication Service Providers (CSPs)
  • Enterprises
    • Government & Public Sector
    • Healthcare
    • Retail & E-Commerce
    • BFSI
    • Manufacturing
    • Automotive
    • Others

By Region:

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

About Future Market Insights (FMI)

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

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Caprolactam Market Expected to Grow to USD 24,113.8 Million by 2034 at a 3.9% of CAGR

Caprolactam Market
Caprolactam Market

The global caprolactam market is on track for significant growth, with sales projected to increase from USD 16,447.9 million in 2024 to USD 24,113.8 million by 2034. This growth reflects a steady compound annual growth rate (CAGR) of 3.9% over the forecast period from 2024 to 2034.

In 2023, the market generated revenues of USD 15,830.5 million, and is anticipated to demonstrate a year-on-year growth of 3.9% in 2024. The rising demand for caprolactam, a key component in the production of nylon and other polymers, continues to drive market expansion as industries seek to leverage its properties for various applications.

Caprolactam, a crucial precursor for nylon production, continues to be a key component in various industrial applications, driving demand in the textile, automotive, and consumer goods sectors. This growth reflects increasing industrial activities and the expanding use of caprolactam in high-performance materials.

The market’s expansion is supported by ongoing innovations in manufacturing processes and a rising focus on sustainable and efficient production practices. As industries seek advanced solutions for their applications, caprolactam remains a vital element in meeting evolving market needs.

COVID-19 Impact Analysis

The recent outbreak of COVID-19 has turned the spotlight on the healthcare industry and subsequently impacted the Global Caprolactam Industry. Severe shortages of critical medical supplies and a rapid rise in several COVID-19 cases have resulted in a revolution rather than an evolution in the healthcare ecosystems. Consequently, the impact is noticeable in the market.

Following government measures, particularly social distancing norms and stay-at-home orders, doctors are delaying or postponing elective surgeries unless critical to prevent the spread of the virus to individuals with comorbidities or chronic conditions. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace.

The FMI’s report includes an interesting chapter on the preliminary impact of COVID-19 on the 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.

Caprolactam Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Caprolactam industry. Competitive information detailed in the Caprolactam 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 Caprolactam market report.

Key players covered in the report include:

  • Advansix Inc.
  • Alpek S.A.B. De C.V.
  • The Aquafil Group
  • BASF SE
  • China Petrochemical Development Corporation

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Caprolactam Market: Segmentation

Valuable information covered in the FMI’s Caprolactam industry report has been segregated into key segments and sub-segments.

By Application:

  • Nylon 6 Fibres
  • Nylon 6 Engineering Plastics
    • Automotive
    • Electrical & Electronics
    • Consumer Goods
    • Industrial/Machinery
    • Wire & Cable
    • Others
  • Films
    • Food Packaging
    • Pharmaceutical Packaging
    • Agricultural Packaging
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

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

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

About Future Market Insights (FMI)

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

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Medical Telepresence Robots Market Set for Rapid Growth, Projected to Reach USD 459.1 Million by 2032 at a 22.5% of CAGR

Medical Telepresence Robots Market
Medical Telepresence Robots Market

The global Medical Telepresence Robots market, valued at USD 61.1 million in 2022, is poised for substantial growth, with projections indicating it will reach USD 459.1 million by 2032. This remarkable expansion represents a compound annual growth rate (CAGR) of 22.5% throughout the forecast period from 2022 to 2032.

The surge in market value reflects the increasing adoption of telepresence robots in healthcare settings, driven by their ability to enhance remote medical consultations and improve patient care. As technology advances and the demand for innovative healthcare solutions grows, the market for medical telepresence robots is expected to experience significant development, transforming the way medical services are delivered globally.

Medical telepresence robots are revolutionizing the healthcare industry by enhancing remote consultations, improving patient care, and facilitating more efficient communication between medical professionals. This significant growth is driven by increasing demand for advanced telemedicine solutions, rising investments in healthcare technology, and the ongoing need for innovative tools that support remote and in-person care.

As the market expands, these robots are expected to play an increasingly vital role in bridging gaps in healthcare access and improving overall healthcare delivery.

Medical Telepresence Robots are manufactured by companies such as Amy Robotics, Ava Robotics, Blue Ocean Robotics, and InTouch Health. North American region dominates the Global Medical Telepresence Robots Industry share owing to the region’s increased adoption of artificial intelligence and robotics in the healthcare sector, as well as an increase in the number of regional players. Europe holds the second-largest share in the market followed by Asia.

The top application of Medical Telepresence Robots is when it is used in hospitals and assisted living services with a market size of US$ 34.9 million in 2021. This can be attributed to the increased adoption of telepresence robots in hospital settings as a result of features such as two-way communication from any distance and efficient teleconsultation and monitoring.

Key Takeaways from Medical Telepresence Robots Market Study

  • The Medical Telepresence Robots market is anticipated to add 7.5X value by 2032
  • The market is expected to expand at a considerable growth rate of 22.5% and be valued at US$ 459.1 Mn by 2032
  • Amy Robotics and InTouch Health are the top giants in Medical Telepresence Robots manufacturing
  • Based on type, Mobile Robots accounted for around 65.8% of the global market share in 2021

Global Medical Telepresence Robots Industry Key Players:

  • Amy Robotics
  • Ava Robotics Inc.
  • AXYN Robotics
  • Blue Ocean Robotics
  • InTouch Health
  • OhmniLabs, Inc.
  • Rbot
  • VGo Communications Inc.

More Valuable Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Global Medical Telepresence Robots Industry, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights by type (Stationary and Mobile), by components (Camera, Speaker, Microphone, Display, Power Source and Sensors), by end-use (Hospitals and Homes), and across key regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).

Future Market Insights’ Domain Knowledge in Healthcare Division

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned Healthcare domain team at Future Market Insights help clients from across the globe with their unique business intelligence needs. With a repertoire of over a thousand reports and 1 million-plus data points, the team has analyzed the Healthcare industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

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Key Segments Covered In Medical Telepresence Robots Market Survey

Medical Telepresence Robots Market by Component:

  • Camera
  • Display
  • Microphone
  • Speaker
  • Power Source
  • Sensors and Control Systems

Medical Telepresence Robots Market by Type:

  • Stationary
  • Mobile

Medical Telepresence Robots Market by End Use:

  • Hospitals and Assisted Living Services
  • Home Use

Medical Telepresence Robots Market by Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia and ASEAN
  • Oceania
  • Middle East and Africa

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

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

About Future Market Insights (FMI)

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

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Refractive Surgery Device Market Expected to Grow to USD 312.3 Million by 2034 at a 3.90% of CAGR

Refractive Surgery Devices Market
Refractive Surgery Devices Market

The global refractive surgery device market is projected to attain a valuation of USD 213.0 million by 2024, with a compound annual growth rate (CAGR) of 3.90% anticipated over the forecast period from 2024 to 2034. The market is expected to generate an absolute dollar opportunity of USD 312.3 million by the end of 2034.

This anticipated growth is driven by an increasing aging population and the surge in screen time due to Covid-19 restrictions, both of which are contributing to a higher demand for refractive surgery devices. As the need for vision correction grows, the market is poised for significant expansion, reflecting the ongoing advancements and rising adoption of these innovative technologies.

This growth trajectory is largely driven by several key factors, including the increasing number of elderly individuals requiring vision correction and the rise in screen time resulting from Covid-19 restrictions. As more people spend extended periods in front of screens, the demand for effective refractive surgery solutions is on the rise, contributing to the market’s expansion.

The refractive surgery device market is set to benefit from ongoing advancements in technology and increased awareness of vision health, positioning it for continued success and development in the coming years.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

Key Takeaways:

  1. Market Valuation and Growth: The refractive surgery device market is projected to achieve a valuation of US$ 213.0 million by 2024. The market is expected to grow at a CAGR of 3.90% from 2024 to 2034, highlighting a robust growth trajectory.
  2. Future Opportunities: By the end of 2034, the market will offer an absolute dollar opportunity of US$ 312.3 million, underscoring the expanding potential for growth and investment in this sector.
  3. Drivers of Growth: The increase in market valuation is primarily driven by two factors:
    • The rising number of elderly individuals, who are more likely to seek refractive surgery solutions to address age-related vision changes.
    • The significant rise in screen time, a trend exacerbated by Covid-19 restrictions, which has increased the prevalence of vision issues requiring refractive correction.

As the global population ages and digital device usage continues to surge, the demand for advanced refractive surgery devices is expected to grow, offering substantial opportunities for industry stakeholders.

Competitive Landscape

The refractive surgery device market is dominated by well-established companies with a significant global presence. These key players provide essential equipment to hospitals, ambulatory surgical centers, and emergency clinics, ensuring that refractive surgeries are performed with the latest and most reliable technologies.

Leading companies in the sector include Alcon Inc., Carl Zeiss Meditec AG, Johnson & Johnson Vision, Bausch + Lomb, NIDEK Co., Ltd., and Ziemer Ophthalmic Systems AG. These industry leaders invest heavily in research and development to introduce cutting-edge technologies that enhance the efficiency, effectiveness, and convenience of refractive surgeries.

Recent Developments

In June 2023, Eye-Q launched an Advanced Customised LASIK machine at its Rewari eye-care center, transforming laser vision correction by reducing the need for patients to travel to Gurugram. This advancement is aimed at improving the quality of life for patients, particularly those aged 18-35, by providing top-tier eye-care treatments locally.

In September 2023, Alcon presented its largest-ever scientific initiative at the 41st Congress of the ESCRS in Vienna, Austria. The event featured more than 75 abstracts highlighting new research and innovations that support advancements in cataract, refractive, visualization, and ocular health.

Refractive Surgery Device Market Segmentation:

By Product Type:

  • Lasers
  • Microkeratome
  • Aberrometers
  • Other Product Types

By Application:

  • Myopia
  • Hyperopia
  • Astigmatism
  • Presbyopia
  • Dry Eyes

By End-use:

  • Hospitals
  • Ambulatory Surgery Centers
  • Ophthalmology Clinics

By Region:

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

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

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

About Future Market Insights (FMI)

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

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Digital Therapeutics Market Poised for Explosive Growth, Set to Hit USD 42.5 Billion by 2032 at a 24.4% of CAGR

Neurology Digital Therapeutics Market
Neurology Digital Therapeutics Market

The global digital therapeutics market is on track to achieve a valuation of USD 4.8 billion in 2022. With a remarkable compound annual growth rate (CAGR) of 24.4% projected for the forecast period, the market is anticipated to surge to USD 42.5 billion by 2032.

This exceptional growth reflects the increasing adoption of digital health solutions and the rising demand for innovative, technology-driven treatment options. Digital therapeutics are revolutionizing patient care by providing effective, accessible, and personalized therapeutic solutions, thereby driving the significant expansion of the market.

The accelerated growth in the digital therapeutics sector highlights the increasing adoption of technology-driven healthcare solutions. As digital health tools and apps become more integral to patient care and chronic disease management, the market is rapidly evolving to meet rising demand.

Digital therapeutics offer innovative treatment solutions through software-based interventions, making healthcare more accessible and personalized. This surge in market value underscores the growing recognition of digital therapeutics as a crucial component in the future of healthcare.

At the heart of this transformative journey is the exploration of patient data, obtained through digital therapeutic products, by key industry players. These pioneers are actively deciphering how this wealth of information can inform coverage decisions and contribute to more informed healthcare choices. The intersection of technology and healthcare is proving to be a fertile ground for innovation, with startups vying for investor attention with groundbreaking digital therapeutic concepts.

Manufacturers are combining off-patent compounds with medical devices farther up the innovation spectrum, such as altering the mode of administration with better inhalers and auto-injectors. This necessitates a bigger investment in research and development, as well as greater usage of collaboration between molecule producers and device manufacturers.

Mass-market platforms present a significant possibility for interaction at scale. Manufacturers of consumer gadgets, namely smartphones and smartwatches, have included healthcare services and encouraged third-party developers to create apps for better patient outcomes.

Simultaneously, attempts have been made to improve the quality of available apps, with major app shops enforcing certain quality criteria. This is a beneficial development because it is critical to place a premium on the secure storage of research-grade data. Owing to the above-mentioned factors, the Global Digital Therapeutics Industry will expand at a considerable pace over the assessment period.

“Increasing awareness regarding digital therapeutics across emerging economies, along with growing adoption of healthcare wearables will continue driving growth in the market over the forecast period,” says Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.)

Digital Therapeutics Market Key Takeaways:

  • Combination therapy as a solution is expected to account for an approximate market share value of 4% of the global market in 2022.
  • By application, management is expected to hold a dominant market share value of 1% in the 2022 global market.
  • Central nervous system disorders by indication displayed a CAGR growth value expected to reach 2% by 2032.
  • Direct-to-patients/consumers are a dominant segment in terms of the business model within the global market, carrying an estimated market share value of about 8% in 2022.
  • The U.S. accounted for 3% of the North American digital therapeutics market in 2021.

Digital Therapeutics Market Key Players:

  • Teladoc Health, Inc.
  • Click Therapeutics, Inc.
  • Welldoc
  • HYGIEIA
  • DarioHealth Corp
  • BigHealth
  • Orexo AB
  • Akili Interactive Labs, Inc.
  • Freespira
  • Voluntis
  • Kaia Health
  • Kaiku Health
  • Theranica Bio-Electronics Ltd.
  • Propeller Health
  • Orexo US, Inc.
  • TALi Digital Limited
  • Limbix Health, Inc.

Digital Therapeutics Market Competition

Digital therapies are a lucrative investment field due to a developing market environment, venture capital funding, and digital acceleration in response to the COVID-19 pandemic. The market is a fragmented space with heavy competition. Digital therapeutics can become an effective and economical solution for diseases and conditions that affect a large number of people. DTx software products have attracted a huge number of investors because of their lower development costs, simplicity of distribution, and ability to scale up their applications.

For instance:

  • In January 2021, the FDA approved Theranica’s Nerivio® for an expanded indication for acute treatment of episodic or chronic migraine in adolescents.
  • Limbix Therapeutics Inc. in October 2021 launched “SparkRx”, the first evidence-based digital therapeutic for adolescents with symptoms of depression.

A Old Full Report Analysis Click Here

Key Segments Covered in Digital Therapeutics Market Research

By Solution:

  • Monotherapy
  • Combination Therapy

By Application:

  • Prevention
  • Management
  • Treatment

By Indication:

By Business Model:

  • Direct to consumer
  • Fee-for-service

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

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

About Future Market Insights (FMI)

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

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Website: https://www.futuremarketinsights.com
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Ready-to-drink Beauty Beverage Market to Reach USD 4,428.5 Million by 2034 Amid Growing Focus on Convenience and On-the-go Consumption | FMI

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According to Future Market Insights (FMI), the worldwide ready-to-drink beauty beverage market is valued at US$ 1,956.9 million in 2024 and is anticipated to reach US$ 4,428.5 million by 2034. Over the next decade, global ready to drink beauty beverages demand is likely to increase at a CAGR of 8.5%.

Social media influencers and celebrities are increasing awareness and demand for RTD beauty beverages, attracting more consumers and promoting their benefits. Further, the attractive packaging of RTD beauty beverage products draws the attention of the consumers, which features ingredients benefits for the skin.

Key ready-to-drink beauty beverage companies’ innovative marketing strategies are projected to boost the market during the forecast period. Moreover, social media campaigns and brand marketing strategies contribute to the increasing popularity of RTD beauty beverages.

Ready-to-drink beauty beverage manufacturers are investing in research and development to boost brand preference and sales, launch new products, and address skin issues like anti-aging, hair growth, hydration, and elasticity. Launching various new effective products that solve consumers’ problems is increasing their market share and popularity amongst consumers.

Key Takeaways from the Ready to Drink Beauty Beverages Report:

  • The global ready-to-drink beauty beverage market is expected to reach a valuation of US$ 4,428.5 million by 2034.
  • Global demand for ready-to-drink beauty beverages is likely to soar at 8.5% CAGR over the forecast period.
  • North America is projected to hold a dominant value share of 20.3% in the global market by 2034.
  • Japan’s market is estimated to witness a value CAGR of 6.2% during the projection period.
  • The United States is projected to reach US$ 642.1 million in 2034.

“The ready-to-drink beauty beverage market is experiencing growth due to health-conscious consumers seeking convenient and on-the-go beauty solutions. Leading brands are focusing on innovative formulations, natural ingredients, and functional benefits, with potential for further expansion and product diversification.” says Nandini Roy Choudhury, Client Partner at Future Market Insights.

Competitive Landscape

DSG Consumer Partners (Nutrova), Nestle (Vital Proteins), Shiseido, and Life Vantage (TrueScience) are key ready-to-drink beauty beverage manufacturers listed in the report. Leading companies are concentrating on expanding their portfolios by launching new products. They also use strategies such as advertisements, partnerships, acquisitions, agreements, and mergers to stay relevant in the market.

For instance,

  • In 2022, Shiseido launched a new product line – Ampoule drinks in China and Japan, which is a beauty-from-within supplement.
  • In 2020, Nestle Health Science acquired Vital Proteins. This acquisition by Nestle was done to expand in the CPG industry.

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global ready to drink beauty beverage market presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.

The study incorporates compelling insights on the ready to drink beauty beverage market based on ingredients (collagen, vitamin C, biotin , hyaluronic acid, vitamin E, COQ10, rosmanrinic acid, zinc, vitamin A, and gotu kola), flavor (orange, raspberry, hibiscus, blackberry mint, pomegranate, mango, cranberry, lemon, lime, tropical, ginger, coconut, and others), form (powder (instant mixes) and liquid (ready to drink)), distribution channel ( hypermarkets supermarkets, convenience stores, specialty stores, health and wellness stores, and online retail), and regions.

Complete Market Review: A Full Report Analysis

Enlisted Below are Some Top Market Players

  • Diageo plc
  • Brown-Forman
  • Bacardi Limited
  • Asahi Group Holdings, Ltd.
  • Pernod Ricard
  • Halewood Wines & Spirits
  • SHANGHAI BACCHUS LIQUOR CO., LTD.
  • Suntory Holdings Limited
  • Manchester Drinks Company Ltd.
  • Anheuser-Busch InBev
  • Others

Market Segmentation of Ready-to-drink Beverage Products

By Product Type:

  • Tea
  • Coffee
  • Energy Drinks
  • Yogurt Drinks
  • Dairy-based beverages
  • Non-Dairy Based Beverages
  • Fortified Water
  • Others

By Nature:

  • Organic
  • Conventional

By Packaging:

  • Bottle
  • Tetra Pack
  • Sachet
  • Tin Can
  • Others

By Distribution Channel:

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Grocery Stores
  • Speciality Stores
  • Online retail

Different Regional Markets are as Follows:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

About the Food & Beverage Division at Future Market Insights (FMI)

Expert analysis, actionable insights, and strategic recommendations – the Food & Beverage team at Future Market Insights (FMI) helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

About Future Market Insights (FMI)

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

Contact FMI:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Sexually Transmitted Diseases Diagnostics Market to Surge to USD 8,964.7 Million by 2034 at a 7.3% of CAGR

Sexually Transmitted Diseases Diagnostics Market
Sexually Transmitted Diseases Diagnostics Market

The global sexually transmitted diseases (STD) diagnostics market is projected to experience substantial growth, with sales anticipated to rise from USD 4,431.4 million in 2024 to USD 8,964.7 million by 2034. This represents a robust compound annual growth rate (CAGR) of 7.3% over the forecast period.

In 2023, the revenue generated by STD diagnostics was USD 4,129.9 million. The industry is expected to demonstrate a significant year-over-year (Y-o-Y) growth of 7.5% in 2024.

The growth in the STD diagnostics market is driven by several factors, including the rising incidence of sexually transmitted infections, technological advancements in diagnostic testing, and greater access to healthcare services. As healthcare providers and patients alike seek more accurate and efficient diagnostic tools, the industry is poised for substantial expansion.

One of the key drivers behind this anticipated surge is the escalating number of government initiatives dedicated to raising awareness about STDs and advocating for early detection and treatment. These proactive efforts have significantly contributed to an increased demand for advanced diagnostic solutions, fostering the growth of the STD diagnostics market.

Furthermore, the industry has experienced a transformative impact with the advent of innovative technologies such as molecular diagnostics, point-of-care testing, and nucleic acid amplification tests (NAATs). These breakthroughs have not only enhanced the accuracy of STD diagnosis but also expedited the testing process, leading to a further acceleration of market growth.

Among the sexually transmitted diseases diagnostic testing types, the market is divided into those for chlamydia, syphilis, gonorrhea, herpes simplex virus, human papillomavirus, and human immunodeficiency virus.

Sexually Transmitted Diseases Diagnostics Market Key Players are:

  1. Abbott Laboratories
  2. Bio-Rad laboratories
  3. Qaigen Inc.
  4. Diasorin SPA
  5. MedMira Inc.
  6. Hoffman
  7. Hologic
  8. Cepheid
  9. BioMeriuex

Growth in the Global Sexually Transmitted Diseases Diagnostics Industry is expected to be driven by several factors, including an increase in sexually transmitted diseases prevalence globally, patient awareness through education campaigns, and government initiatives.

The prevalence and incidents of sexually transmitted diseases have increased significantly over the past decade. In light of the increase in prevalence, many countries are focusing on expanding the reach of sexually transmitted disease diagnosis by implementing national screening programs. Payment policies for these services are also favorable. Global sexually transmitted diseases testing is growing as a consequence of these factors.

Sexually Transmitted Diseases Diagnostics Market KEY TAKEAWAYS:

  • The sexually transmitted diseases diagnostics market is predicted to develop at a CAGR of 7.2% through 2032 in the laboratory testing section of the location of diagnostic test category.
  • The CAGR for the laboratory devices segment of the devices category in diagnostics of sexually transmitted diseases is anticipated to be 7.1% through 2032.
  • In the United States, the sexually transmitted diseases diagnostics market is estimated to reach US$ 2.3 billion by 2032, rising at a CAGR of 7.7% throughout the forecast period.
  • By 2032, the market in the United Kingdom is expected to be valued at US$ 265.1 million, with a CAGR of 6.7% through 2032.
  • With a CAGR of 7.2% throughout the forecast period, China is expected to reach a market size of US$ 442.0 million in sexually transmitted diseases diagnostics by 2032.
  • By 2032, the sexually transmitted diseases diagnostics market in Japan is estimated to be worth US$ 356.4 million, growing at an annual rate of 6.3% through 2032.
  • With a CAGR of 5.7% throughout the forecast period, South Korea is predicted to reach a market size of US$ 222.4 million in sexually transmitted disease diagnostics by 2032.

Sexually Transmitted Diseases Diagnostics Market COMPETITIVE LANDSCAPE:

Key companies profiled in the market report include Abbott Laboratories, Becton Dickinson Company, BioMérieux, Inc., Bio-Rad Laboratories, Inc., Danaher Corporation, Diasorin Molecular LLC, Hologic, Inc., Orasure Technologies, Inc., Roche Holding AG, and Thermo Fisher Scientific Inc.

Sexually transmitted disease diagnostics demand is largely in the North American market due to the availability of FDA-approved advanced test devices and the widespread use of public healthcare plans, which facilitate healthcare awareness.

Owing to the prevalence of sexually transmitted infections in underdeveloped countries and Asia-Pacific’s economic prosperity, this region should see significant growth during the forecast period of 2021 to 2028.

Sexually Transmitted Diseases Diagnostics Market Key Players

  • Abbott Laboratories
  • Bio-Rad laboratories
  • Qaigen Inc.
  • Diasorin SPA
  • MedMira Inc.
  • F.Hoffman
  • Hologic
  • Cepheid
  • BioMeriuex

A Old Full Report Analysis Click Here

Sexually Transmitted Diseases Diagnostics Market Segments

By Types of Diseases:

  • Gonorrhea
  • Syphilis
  • Chlamydia
  • Herpes simplex virus
  • Human papillomavirus
  • Others

By Diagnostic Test:

  • Cultural/Isolated Organisms
  • Molecular Test
  • Immunology Assay
  • Other types of testing

By Device:

  • Laboratory Devices
  • Thermal Cyclers-PCR
  • Lateral Flow Readers Immunochromatographic Assay Flow Cytometers
  • Absorbance Microplate Readers Enzyme-Linked Immunosorbent Assay
  • Others
  • Point of Sales
  • Phone Chips
  • Portable/Bench
  • Diagnostic Kits

By Location:

  • Laboratory
  • Point of Care

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

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 Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

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

About Future Market Insights (FMI)

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

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Cloud Logistics Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2034

The market for cloud logistics is expected to be valued US$ 67.8 billion in 2034, up from an estimated US$ 21.3 billion in 2024. The industry is projected to grow at a CAGR of 12.3% between 2024 and 2034. The logistics sector has witnessed a surge in demand for cloud computing due to several significant advantages, such as reduced downtime, uninterrupted corporate operations, and reduced risk of data loss.

Globalization and e-commerce’s explosive growth have raised the volume and complexity of logistics operations, necessitating the use of cloud logistics solutions. These solutions provide the connectivity required to effectively manage global supply chains, meeting the demands of online retail and international markets.

Cloud logistics solution are cost-efficient as cloud-based logistics eliminate the need for extensive hardware investments and maintenance costs. Cloud-based systems allow stakeholders to access data and manage operations from anywhere, fostering collaboration and enabling remote work capabilities, driving the market demand.

Cloud logistics solutions are being adopted across various industries beyond traditional logistics sectors, including healthcare, retail, manufacturing, and more. This diversification of applications broadens the market for cloud logistics.

Cloud computing offers enhanced disaster recovery capabilities in the logistics industry, enabling logistics firms to swiftly rebound from unforeseen events like system failures or natural tragedies. Cloud technology provides disaster recovery options, including backup and restore replication and failover solutions. These features ensure the resilience and continuity of logistics operations during challenging situations.

Key Takeaways

  • From 2019 to 2023, the cloud logistics market was valued at a CAGR of 6%
  • Based on OS type, the web-based OS segment is expected to account for a share of 0% in 2024.
  • Global cloud logistics demand in China is predicted to account for a CAGR of 8% in 2024.
  • In the United States, the cloud logistics industry is expected to account for a CAGR of 1% in 2024.
  • Germany is projected to expand by a value CAGR of 7% between 2024 and 2034.
  • Cloud logistics market in Japan is anticipated to record a CAGR of 5% in 2024.

“The restoration of industrial growth, along with the elements of the fourth industrial revolution, is anticipated to drive the market growth during the forecast period,” opines Sudip Saha, managing director at Future Market Insights (FMI) analyst.

Competitive Landscape

Key players focus on organic growth strategies like product launches and approval. Collaborations and partnerships with key players and acquiring niche players are critical strategies followed by leading cloud logistics in the market.

Key players operating in the cloud logistics market

  • Bwise
  • IBM Corporation
  • Oracle Corporation
  • Microsoft Corporation
  • SAP SE
  • Thomson Reuters Corporation
  • Trimble Transportation
  • Transplace (an Uber Freight Co.)
  • Descartes Systems Grou
  • H. Robinson
  • MetricStream Inc.

Product Offering

  • Oracle Cloud provides cloud-based solutions for logistics, offering services such as transportation management, warehouse management, and supply chain planning to streamline operations.
  • SAP Cloud Platform offers a range of logistics solutions, including SAP Integrated Business Planning and SAP Transportation Management, facilitating end-to-end supply chain visibility and optimization.
  • Cisco’s cloud-based networking solutions play a role in logistics by providing secure and efficient connectivity for logistics systems, IoT devices, and data management.
  • Accenture offers cloud-based consulting and technology services that assist logistics companies in digital transformation, process optimization, and implementing cloud-based logistics solutions.

Restraints:

Despite its exponential growth, the Cloud Logistics Market faces certain challenges, such as:

  • Concerns regarding data security and privacy in cloud-based logistics systems
  • Initial implementation costs and complexities associated with integrating cloud solutions

Cloud Logistics Segments Covered in the Report

Type:

  • Public
  • Private
  • Hybrid
  • Multi

OS Type:

  • Native
  • Web-based

Enterprise Size:

  • Large Enterprise
  • Small and Medium Enterprises

Industry Vertical:

  • Consumer Electronics
  • Healthcare
  • Automotive
  • Food & Beverage
  • Other

By Region:

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

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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.

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Future Market Insights Inc.
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T: +1-845-579-5705
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Website: https://www.futuremarketinsights.com
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Calcium Lactate Demand Soars, Driven by Versatile Uses in Food Industry for Calcium Fortification

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The calcium lactate market is expected to be valued at US$ 1,856.20 million in 2024. The market’s development is projected to stimulate from 2024 to 2034 at a CAGR of 2.00%. By 2034, the market value is forecasted to surpass US$ 2,267.30 million.

As calcium lactate is an excellent source of calcium, which is an essential mineral for maintaining strong bones and teeth, its demand is continuously on the rise. The increasing awareness about the importance of calcium in the human diet has led to a growing demand for calcium supplements, including calcium lactate.

The demand for processed foods is increasing rapidly due to people’s busy lifestyles and the convenience factor associated with them. Calcium lactate is widely used in processed foods such as bakery products, confectionery, and dairy products to improve their texture, flavor, and shelf life.

Functional foods are those that provide health benefits beyond basic nutrition. They are increasingly popular among health-conscious consumers who are looking for ways to improve their overall health and well-being. Calcium lactate is an important ingredient in many functional foods because of its ability to improve the nutritional profile of the product.

Calcium lactate is also used in the pharmaceutical industry as a source of calcium in various drugs and supplements. The growing demand for pharmaceutical products, particularly in emerging markets, is expected to drive the growth of the calcium lactate market.

Calcium lactate is also used in the personal care industry in products such as toothpaste and mouthwash. The increasing demand for personal care products, particularly in developing countries, is expected to drive the growth of the calcium lactate market.

Given that calcium lactate provides several health benefits, including improved bone density, reduced risk of osteoporosis, and enhanced dental health, the increasing awareness of these benefits is expected to drive demand for calcium lactate in the coming years.

“The development of new and advanced technologies for the production of calcium lactate is expected to drive the market growth. These advancements have made the production process more efficient and cost-effective, making it easier for manufacturers to produce calcium lactate on a larger scale.” says Nandini Roy Choudhury, Client Partner at Future Market Insights.

Full Market Assessment: Comprehensive Report

Key Takeaways from the Calcium Lactate Market

  • The calcium lactate market is estimated to register a CAGR of 2.00%, reaching a valuation of US$ 2,267.30 million by 2034.
  • The powder segment is anticipated to dominate the market in terms of form, holding a 39.50% market share in 2024.
  • The food grade segment is expected to lead the market in terms of application, acquiring a market share of 41.10% in 2024.

Competitive Landscape

Currently, many manufacturers are focused on enhancing consumer experience by implementing innovative marketing strategies. The global market competitiveness is heavily influenced by various manufacturers, distributors, and their geographical locations. To stay competitive in the market, stakeholders are striving to improve their production capabilities.

Country-wise insights

The table below lists the countries that are observed to be creating enough opportunities for Calcium Lactate to meet the peak demand.

Countries CAGR from 2024 to 2034
United States 14.50 %
China 12.30 %
Germany 9.40 %
Japan 5.0 %
Australia 3.30 %

Company Portfolio

Cargill Incorporation

Cargill Incorporated is a privately held global corporation that operates in the food, agriculture, and industrial sectors. One of the products that Cargill offers is calcium lactate, which is a white, odorless powder that is commonly used as a food additive.

Tyson Foods Inc.

Tyson Foods Inc. is a multinational food company headquartered in Springdale, Arkansas. Founded in 1935, the company has grown to become one of the largest producers of meat and poultry products in the world.

Tyson Foods operates in several segments, including chicken, beef, pork, and prepared foods. Tyson Foods also produces calcium lactate, which is a white, crystalline powder that is commonly used as a food additive

Land O’Lakes, Inc.

Land O’Lakes, Inc. is a member-owned agricultural cooperative based in Arden Hills, Minnesota. Founded in 1921, the company has grown to become one of the largest producers of dairy foods in the United States.

Land O’Lakes operates in several segments, including dairy foods, animal feed, and crop inputs. In addition to its dairy products, Land O’Lakes produces calcium lactate, which is a white, crystalline powder that is commonly used as a food additive.

Key Segments

By Form:

  • Powder
  • Liquid

By End Use Application:

  • Feed Grade
  • Food Grade
  • Cosmetic Grade
  • Pharma Grade
  • Industrial Grade

By Region:

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

About Future Market Insights (FMI)

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

Contact FMI:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube