Market Research Blog – Page 13327 – New Product Development

Connected Healthcare Market 2021 (COVID-19 Impact Analysis Included) Opportunities, Regional Overview, Top Leaders, Revenue and Forecast to 2031

According to the latest research by Future Market Insights, Connected Healthcare Market is set to experience 15.6% growth during the year 2021-2031. Due to need for effective communication.

What is driving Demand for Connected healthcare market?

Growth in the incidence rate of injuries in all age groups is one of the major factors driving the growth of connected healthcare market. Various activities such as trekking and adventure sports further results in abrasion, minor injuries, multiple cuts and wounds on different body parts. In such cases, elastic bandages are use while the treatment procedure takes place.

Moreover, rising count of road accidents has increased significantly worldwide. These accidents can be considered as fatal or non-fatal injury, some of these non-fatal injuries require speedy application of bandages in order to stop any further damage

For instance, according to Stanford children’s health approx. number of around 3.5 million children’s of around 14 years and below get injured while playing sports or doing any adventurous activity

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Elastic Bandages used for upper limbs and lowers is likely to augment connected healthcare market.

For lower limbs, the elastic bandages are used for the treatment of hairline fracture, joint dislocation, cure factures, ankle sprains, orthopaedic procedures, varicose veins, deep cuts, accidental amputations, thigh cramps and muscle pulls. Bandages for lower limbs are majorly used by the athletes and its sales in the market is quite significant during sports season such as Olympics, national games and international games.

For the purpose of upper limbs, bandages are used widely for the treatment of hairline fractures, joint dislocation, acute injuries and swelling, it further offers support to injured soft tissues. They are widely used in cases of elbow figure eight, hand wrist figure eight along with compression dressings.

U.S. and Canada Connected healthcare market Outlook

U.S. and Canada are expected to have the highest share and therefore will dominate the connected healthcare market. This is due to the increasing orthopaedic injuries, upward trend growth rate in the surgeries and prevalence of chronic wounds are further resulting in the growing usage of elastic bandages along with medical tapes in this region.

Europe Demand Outlook for Veterinary Home Diagnostics

The European market for veterinary home diagnostics is estimated to grow at a considerable rate during the forecast period. This surge in growth is due rising geriatric population with venous diseases in this region. Th growing prevalence of deep vein thrombosis, lymphedema and chronic leg ulcers has further significantly increased the use of elastic bands in this region

Moreover, the presence of various key players in this region along with easy availability of elastic bandages is contributing positively towards the market growth. Furthermore, rising awareness of compression therapy, along with the increasing usages of elastic bandages and expansion of various key players in this region uplifts the market growth of elastic bandages in this region.

Who are the Key Manufacturers and Suppliers of Veterinary Home Diagnostics?

Some of the key players operating in the Connected healthcare market are

3M
CardinalHealth
Avcor Health Care
Tetra Medical Supply Corp
Patterson Medical
DJO Global
Paul Hartmann
Medtronic
Kerma Medical Products

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Why Future Market Insights?

• Comprehensive analysis on evolving purchase pattern across different geographies
• Detailed insights of market segments and sub-segments for historical as well as forecast period
• A competitive analysis of prominent players and emerging players in the keyword market
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Microparticle Injectables Market Size, Growth Opportunities, Industry Potential, Segmentation Overview, Trends And Forecast Studies 2031

According to the latest research by FMI, Microparticle Injectables Market are set to witness a steady-paced growth of CAGR 5.8% during the year 2021-2031. Microparticle Injectables are broadly used constituents of multiparticulate drug delivery systems, offering both technological and therapeutic advantages. The applications of microparticle injectables as drug delivery systems allow for a controlled delivery of active pharmaceutical ingredients in the body.

The long-lasting delivery of such API over a time period of weeks, or a couple of months as microparticle injectables increases patient benefits as well as is responsible for the reduction of burden of compliance among the patients. The demand of microparticle injectables as a means for drug delivery is set to increase steadily over the forecast period. This demand is driven primarily on the basis of lower degradation event associated with the API, which in turn leads the drug to have potentially lower side effects.

What is Driving Demand for Microparticle Injectables?

The demand for microparticle injectables is driven mainly through their benefits revolving around patient compliance. Apart from providing abundant patient benefits, the microparticle injectables also deliver drugs directly into the blood stream or the initiated local environment. The efficacy of this process evades hepatic and gastric degradation of the API.

The effectiveness of microparticle injectables as long-acting dosage forms also drive the key market players to benefit from developing novel drug dosage formulations and generate profitable revenue. Furthermore, several microparticles are not required to be removed later through surgical operation, because of the use of biodegradable materials in their formulation.

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Which factors are likely to augment growth of Microparticle Injectables?

The microparticle injectables are emerging in terms of their biomedical applications in the field of cardiology, neurology as well as gastrology. The augmentative factors responsible for the growth of adoption of microparticle injectables over the globe are their ability to treat a range of indications such as CNS disorders and cancer. Rising demand for bioresorbable polymers and their efficient use in commercialization are further set to increase the demand of microparticle injectables over the forecast period.

U.S. and Canada Microparticle Injectables Outlook

The region of North America is expected to grow at a significant rate over the forecast period. The factors aiding this growth are the presence of key and leading market players in the region in addition to a developed healthcare infrastructure as well as advanced biopharmaceutical production processes in the region.

In 2021 alone, the U.S. FDA and the European Medicines Agency (EMA) approved more than 15 drugs based on microparticles made of biodegradable polymers such as poly (lactide) (PLA) and poly (lactide-coglycolide) (PLGA), which possess biocompatible properties. The rising research activities as well as production of novel drug dosage formulations in the region account for the highest sales value share in the market over the forecast period.

Europe Demand Outlook for Microparticle Injectables

The region of Europe is anticipated to occupy a large share after North America in the adoption of microparticle injectables due to the rising prevalence of chronic diseases in the region, as well as increasing technological advancements.

The growth is also evaluated by the presence of growing advancements in healthcare and research in the region. According to the WHO, about 50 million people in the region of Europe suffer from more than one chronic disease.

Who are the Key Manufacturers and Suppliers of Microparticle Injectables?

The key companies operating in manufacturing and supply of microparticle injectables are

Lubrizol Life Science
Baxter International Inc
Sandoz
Eli Lilly and Company
Pfizer Inc.
Evonik
Oakwood Labs and GP Pharm.

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Long-Acting Monoclonal Antibodies Market Size Estimates and Forecasts by Region, Growth Rate and Trend Analysis by Types and Application 2021 to 2031

According to the latest research by Future Market Insights, the Long-Acting Monoclonal Antibodies market will undergo a steady growth during 2021-2031. A gradual increase due to constant research studies being conducted and new verticals of disease treatment being opening can be seen over the mentioned forecast period. The increasing innovations and advancements in genetic engineering will further boost the market. Current Pandemic situation of Covid-19 has made the market to grow immensely in the field of developing more vaccines at the global rate of the population.

What is driving Demand for Long-Acting Monoclonal Antibodies Market?

The demand for long-Acting monoclonal antibodies market has seen at a higher rate at a global level as there has been increase in the number of chronic diseases growing at a different level. The rising ageing population and sedentary lifestyle owes for the demand for the market. Furthermore, long-acting monoclonal antibodies market has witnessed significant positive impact of COVID-19 as several mAbs have potential to effectively treat coronavirus infection. The companies are also conducting clinical trials to further boost the development of highly potential therapies. With potential in minimizing infection severity in treatment of COVID-19, the industry will continue to experience revenue growth during the pandemic. Alternating therapeutics market is exploring themselves globally.

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Increasing Product Launches and Approvals to boost the Demand

Monoclonal Antibodies are the similar immunoglobulins which is developed from a B-cell. New technological advancement has brought in benefiting results via research and development industries. FDA has approved many monoclonal antibodies giving the lucrative growth in the given forecast period. FDA issued the EUA i.e. emergency use authorization for Casirivimab and imdevimab that can be used in treating mild to moderate infection.

U.S. Long-Acting Monoclonal Antibodies Market Outlook

U.S. is said to be the most dominating market due to its well-developed health infrastructure, in terms of disease treatment rate. Leading industries in the US has seen to expand themselves into long acting monoclonal antibody market. The presence of major players and ongoing clinical trials makes U.S. the leading player in the market. For instance, ASTRAZENECA’s long acting antibody is set to enter into phase 3 of clinical trial.

Europe Demand Outlook for Long-Acting Monoclonal Antibodies Market

The European market is considered to be the second largest market for long-acting monoclonal antibodies at a global level. As technological advancement grows, it will directly lead to rise in the monoclonal antibody market size. This market is seen to grow at a rapid pace as oncological segment constitutes a high demand for production. Furthermore, European Medicine Agency in the year 2013 approved of biosimilar products and said that they can be approved globally, which in turn drives the market demand. R&D are expanding themselves in developing new drug every now and then, this will let the antibody market to reach heights.

Who are the Key Manufacturers and Suppliers of Long-Acting Monoclonal Antibodies market

Eli Lilly
Abbott Laboratories
AstraZeneca plc.
Amgen Inc.
Bayer AG
Johnson & Johnson
Pfizer
GlaxoSmithKline Plc.
Merck & Co. Inc.
Novartis

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Industrial Pumps Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast to 2022

Industrial pumps find application in various industries and play an essential role in moving an assortment of fluids from one location to another. Industrial pumps come in a variety of shapes, sizes, and capacities. Industrial pumps are broadly segmented as centrifugal pumps (also called roto-dynamic pumps) and positive displacement pumps. Centrifugal pumps comprise axial, mixed-flow, and radial types.

Positive displacement pumps include piston, screw, sliding vane, and rotary lobe types. Conformance to performance standards and reliability of these pumps is very crucial. For instance, pump failure in a cooling system can result in overheating and substantial damage to equipment.

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Regional Analysis:

The global industrial pump market has been witnessing new developments in micro disc pump technology. One of the key factors contributing to the growth of this market is the increase in infrastructural development. China, India, and other Asian and African countries are experiencing robust investments into infrastructure, which is expected to aid in increasing industrial output; in turn, driving growth for industrial pumps. Demand for industrial pumps from the process and manufacturing industries is expected to drive the growth of the industrial pumps market in developed regions such as Europe and North America.

Western Europe is expected to witness sluggish market growth, characterized by stagnant economic conditions and low industrial output. Eastern Europe is expected to exhibit relatively stronger growth owing to improving industrial output in the chemicals and water treatment industries. Middle East expenditure for industrial pumps is expected to rise as the pump sales in this region are expected to gain traction due to investments in desalination plants.

Regional analysis includes

India
China
ASEAN
Oceania

Improving economic conditions in the Asia Pacific (APAC) region are expected to open up enormously potential opportunities for pump manufacturers, like the automotive, construction, and manufacturing industries are likely to witness substantial growth in the coming years. Along with the harsh impact of the recent recession, tough competition from low-cost manufacturers in developing nations is indeed a major restraint for the development of the industrial pumps market in this region. Customers are usually inclined towards low-cost products, which barely comply with environmental standards. This factor is impacting the industrial pumps market to a considerable extent.

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As it is difficult to compete with low-cost rivals based on price, leading industrial pump manufacturing companies will need to adopt different promotional strategies, based on the quality of their products, services, and maintenance to sustain in the global market.

Pumping systems are critically important for any process or manufacturing plant to operate efficiently. Industrial pumps are used for various industrial applications such as power and petrochemical plants, which directly support generation and production processes, and usually, work for extended durations. It is estimated that around 27% of all the energy consumed by any industry is constituted by motor-driven equipment. This offers manufacturers of industrial pumps a window of opportunity to improve efficiency and launch newer and more innovative products.

This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. The report provides analysis and information by categories such as market types, technology, and applications.

It report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Competitive Analysis:

The key players in the industrial pumps market are ITT Corp., Flowserve Corp., KSB AG, Sulzer Ltd., Grundfos A/S, Ebara Corp., Weir Group plc, Baker Hughes, Inc., Schlumberger Ltd., and Clyde Union, 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. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. In addition, the report also maps the qualitative impact of various market factors on market segments and geographies.

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Market Segmentation:

Various end-use industries for industrial pumps include water, wastewater, oil & gas, chemicals, food & beverages, and others. Centrifugal pumps are the extensively used type because of their low cost, low maintenance, and long service life. Centrifugal pumps are used in high-flow, low head applications with low fluid viscosity. In contrast, positive displacement pumps are used in low-flow, high head applications with high viscosity fluids and accurately controlled flow applications.

Asia Pacific Industrial Pumps Market

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

Heating Pads Market size, Insights, Prospects, Growth Trends, Key Trends, Opportunities and Forecast until 2031

According to the latest research by Future Market Insights, Heating Pads Market is set to experience 6.5% growth during the year 2021-2031. The growth of veterinary home diagnostics is attributed due to lack of physical exercises, sedentary and changing lifestyle along with increasing prevalence of chronic pain in major parts of the body such as neck, back and knees uplifts the heating pad market.

What is driving Demand for Heating Pads Market?

Due to surge in Changes in lifestyle of people, lack of exercises and prevalence of chronic pain stimulates industrial expansion of heating pads. Moreover, growing number of obese people and individual with sedentary lifestyle is growing across the globe, which further increase the possibility of chronic pain in different part of the body and its treatment with the help of the heating pad.

Growing demand for heating due to lifestyle changes, pain reduction, increased mobility, reducing stiffness and restore flexibility and growing usage of heating pads as they uplift the oxygen flow and nutrients to the muscles which further helps in muscle recovery, these are considered to be some important factors enhancing the market growth of heating pads.

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Heating Pads cannot be used during Pregnancy which Restricts the Market growth of Heating Pads

Every positive aspect has a negative aspect as well, in case of heating pads, these pads cannot be used during pregnancy period and muscle strains which further hampers the market of heating pads over the forecast period. Sometimes, abnormal body thermoregulation is experienced while using heating pads which acts as the major disadvantageous factor offered by heating pads. Moreover, heating pads emit heat which makes them dangerous when used in an inappropriate manner. For instance, a heating pad can get hot as much as 180 degrees which can further cause third degree burns which will require skin grafting.

Heating pads, pose a burning risk for people with diabetes. Therefore, usage of heat therapy immediately aftermath of an injury is restricted. It is due to heat can cause more swelling along with tissue injury.

U.S. and Canada Heating Pads Market Outlook

U.S. and Canada are expected to have the highest share and therefore will dominate the Heating Pads Market. This is due to the increasing and vast population along with prevalence of back and shoulder pain due to long working hours are anticipated to contribute to the speedy development of the heating pad market. Many U.S. brands have formed up various alliances with Chinese ODM/OEM producers, which further makes China a key producer in the heating pad market.

Europe Demand Outlook for Heating Pads Market

The European market for Heating Pads Market is estimated to grow at a considerable rate during the forecast period. This surge in growth is due to the changing lifestyle of people, lack of physical activities increases the demand for heating pads as they are helpful in muscle recovery. Furthermore, growing prevalence of chronic physical pain in the body also upsurges the demand for heating pads in this region. Furthermore, increment in oxygen flow and nutrients to the muscle is also considered to be one of the factor which uplifts the market of heating pads.

Who are the Key Manufacturers and Suppliers of Veterinary Home Diagnostics?

Some of the key players operating in the Heating Pads Market are

Sunbeam
Carex
Thermalon
Milliard
Nature Creation
Beurer
Drive Medical
Kaz
Walgreens
Beady Heat Therapy
Sunny Bay

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Gastric Bands Market Analysis by Growth, segmentation, performance, Competitive Strategies and Forecast to 2031

According to the latest research by Future Market Insights, Gastric Bands Market is set to experience 4.1% growth during the year 2021-2031. The growth of gastric band market is attributed due to growing awareness about obesity treatments globally and advancements in MI proceedings along with there efficacy. Furthermore, a bariatric surgery is done with the usage of laparoscope. This helps in reducing hunger, which further helps in the reduction of the body weight.

What is driving Demand for Gastric Bands Market?

Major factor leading towards the positive growth of the gastric band devices market is the growing prevalence of obesity and diabetes, advanced healthcare structure, growing demand for laparoscopic bariatric surgeries and growing medical tourism in various developing countries. Furthermore, sedentary and changing lifestyle and various technological advancements in medical sector is one of the major factors for the growth of the gastric band devices market.

Moreover, Various product development and growing number of FDA approvals are attributed to offer lucrative opportunities for gastric band devices market over the forecast period.

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High Installation Cost is one of the major factor restraining the Gastric Band devices market

High installation cost and limited reimbursements rules and policies are considered to be one of the major factors pulling down the market growth over the forecast period.

Furthermore, less rate of weight loss as compared to other surgical procedures is hampering the market growth. Moreover, gastric band requires foreign device to remain working in the body, which is considered to be one of the factors hampering the market growth.

U.S. and Canada Gastric Bands Market Outlook

U.S. and Canada are expected to have the highest share and therefore will dominate the Gastric Bands Market. This is due to the increasing demand for the minimal invasive surgery proceedings, growing importance of healthcare sector and huge amount of population suffering from chronic diseases. Therefore, the demand for gastric band is rapidly increasing in this region.

For instance, according to American Society for Metabolic and Bariatric Surgery (ASMBS) nearly 216,000 bariatric surgery took place in U.S. out of which 3.4 % were relate to gastric bands.

Europe Demand Outlook for Gastric Bands Market

The European market for veterinary home diagnostics is estimated to grow at a considerable rate during the forecast period. This surge in growth is due to the growing expenditure on people spending on reducing obesity and diabetes. along with growing awareness about various treatment options for the purpose of weight management are the major factor driving the regional growth of gastric bands market.

Who are the Key Manufacturers and Suppliers of Veterinary Home Diagnostics?

Some of the key players operating in the

Gastric Bands Market are Cousin Biotech
Medtronic
TransEnterix Surgical
Helioscopie Ethicon USA LLC
Apollo Endosurgery Inc.
Murfreesboro Surgical Specialists
PLLC Inc
A.M.I. GmbH
Bariatric Partners Inc.
and Obtech Medical AG

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Commercial Refrigeration System Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast to 2022

Refrigeration is the process of removing excess heat from space and transferring the same to the environment. It is well known that spoilage of food, beverages, and many other substances is reduced at a lower temperature. Thus to preserve many types of perishable products from spoilage and keep them fresh for a longer duration, a commercial refrigeration system is used where the temperature is maintained at a level much below that of its surroundings.

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The commercial refrigeration system market is segmented based on application in food& beverage production, food & beverage retail, food & beverage distribution, and the food storage & service industry where refrigeration systems are used for commercial purposes. The refrigeration system is extensively used in grocery stores, supermarkets, convenience stores and speciality food stores. The food service industry on the other hand includes restaurants and cafeterias. Customization of refrigeration systems as per the customer’s demand is a key trend in the global commercial refrigeration system market. Expanding food retail chains mostly in tier II and tier I cities in developing regions is significantly driving growth in the commercial refrigeration system market.

The global commercial refrigeration system market is also segmented based on refrigerant types that are hydro chlorofluorocarbon (HCFC), hydrofluorocarbon (HFC), hydrocarbon (HC), inorganic which includes ammonia and carbon dioxide. The refrigerants markets which are used in refrigeration systems are expected to grow at a CAGR of 5 to 7% and fuel the growth of the global refrigeration system market. The use of refrigerants is leading to the greenhouse effect and is giving way to the use of green refrigerants in the commercial refrigeration system market.

Competitive Analysis:

Major players in the global commercial refrigeration system market include Hussmann, Dover Corporation, Ingersoll Rand PLC, Daikin, AHT Cooling System GmbH, Traulsen, Berkshire Hathaway Inc, Johnson Controls Inc, and PanasonicCorporation. Key players have adopted strategies including joint ventures along with mergers and acquisitions to expand globally and are simultaneously improving their distribution network to establish a strong market presence.

The commercial refrigeration system market is witnessing a significant uptake in the commercial sector especially due to growing hotels, restaurants and organised retail showrooms. The research report presents a comprehensive assessment of the commercial refrigeration system market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, applications, and types.

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The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

The global commercial refrigeration system market is segmented based on product types such as beverage refrigeration, freezers & refrigerators and transportation refrigeration. Transportation refrigeration system consists of trailer refrigeration system, truck refrigeration system, and shipping containers refrigeration system. The growth in the international food trade between nations due to change in the food consumption pattern amongst consumers is driving the demand for the transport refrigeration system.

Regional Analysis:

The global commercial refrigeration system market is estimated to grow almost twofold during the forecast period and register double-digit CAGR. North America is the dominant commercial refrigeration system market in terms of revenue share followed by APAC and Europe. Growth in the food and service industry and changing consumer preferences for dining food in North America are driving growth in the commercial refrigeration system market domestically.

The European commercial refrigeration system market on the other hand is estimated to show significant growth with rising demand for frozen food items and expansion of retail chain in this region. The commercial refrigeration system market is witnessing the increasing use of solar-powered systems and this technology is anticipated to play a major role in addressing energy scarcity issues. The utilization of advanced refrigerants and energy-efficient systems are some of the upcoming trends in the global commercial refrigeration system market. More use of commercial refrigeration systems in horticulture processes and seafood exports is expected to fuel the demand of the global refrigeration system market.

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Regional analysis includes:

North America
Latin America
Asia Pacific
Japan
Western Europe
Eastern Europe
Middle East & Africa

Commercial Refrigeration System Market

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

Bowel Stimulators Market Size (Value & Volume), Future Trends, Opportunities and Sales Channels, Forecast 2031

According to the latest research by Future Market Insights, Bowel Stimulators market is set to witness a 6.3% growth during the year 2021-2031. The market has been developing at a gradual rate and is projected to witness lucrative growth due to increasing number of population suffering from Overactive Bladder (OAB) and rising cases of urge incontinence, like Urinary Tract Infection (UTI). In addition, advancements in technology and development of lesser invasive procedures is likely to fuel the market demand.

What is Driving Demand for Bowel Stimulators?

A rise in disposable income, surge in incidences of Overactive Bladder, UTI and similar disorders, and development of minimally invasive procedures are primary factors boosting the market.

In addition, governments of various nations are taking initiatives to make sure that a most of the population has accessibility to inexpensive healthcare. Also, reimbursement programs of insurance companies have become promising. These factors are expected to lead to market growth.

Also, the growing geriatric population and the associated disorders re expected to increase the demand for of bowel stimulators.

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Growing incidence of urge incontinence, likely to increase the Bowel Stimulators Sales

The rising incidence of urge incontinence, like urinary tract infection (UTI) and growing occurrence of overactive bladder conditions, are the major factors responsible for the development of the market.

In addition, the increasing occurrence of fecal incontinence and the presence of medical reimbursements are certain other factors driving the market demand. According to an article published in 2019, in the Indian Journal of Community Medicine, the incidence of urinary incontinence in postmenopausal women between 45-90 years of age was about 26.47%. Besides, urinary incontinence has a considerable impact on mental and social health, which can be overcome by suitable treatment of these incontinence disorders.

US and Canada Bowel Stimulators Market Outlook

United States and Canada dominate the Bowel Stimulators market. The market is projected to witness considerable growth due to the availability of well-developed healthcare facilities, rising awareness about the prevalence and treatment of overactive bladder conditions and rapid adoption of developed medical products.

As per the CMS (Center for Medicare and Medicaid Services), urinary incontinence impacts about 13 million adults, generally women, in U.S. Bowel stimulators bring about considerable improvement in improving the quality of life for affected patients. Hence, rising incidence of fecal incontinence is likewise anticipated to boost the market in US.

Europe Demand Outlook for Bowel Stimulators

Europe is second dominating market and is projected to register a noteworthy growth owing to the growing geriatric population in Europe, increasing product launches, and growing healthcare expenditure in the region.

Also, the rising cases of fecal incontinence, is likely supporting the market development. As per the international neuromodulation society, in the U.K., one of the studies demonstrates that most of the elderly population are impacted by fecal incontinence.

Who are the Key Manufacturers and Suppliers of Bowel Stimulators?

Some of the leading manufacturers and suppliers of

Bowel Stimulators include Medtronic PLC
Axonics Inc.
Sportaid
Nuvectra
Cogentix Medical
Laborie Inc.
B. Braun
Cyberonics and others.

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HBsAg Testing Market Trends, Strong Application Scope, Key Players, Growth Overview and Forecast by 2031

According to the latest research by Future Market Insights, HBsAg Testing market is set to witness a 5.9% growth during the year 2021-2031.

The market has been increasing at a gradual rate and is projected to witness lucrative growth due to increase in cirrhosis and liver cancer deaths due to prevalence of hepatitis B, technological advancements in diagnostic kits and due to increase in cirrhosis and growing awareness regarding early detection of hepatitis B.

What is Driving Demand for HBsAg Testing?

Hepatitis B is a potentially fatal infection and has turned into a vital healthcare problem across the world. Rise in prevalence of hepatitis B and need for early detection of hepatitis B are primary factors supporting the market growth.

In addition, rise in awareness among the population; and increase in initiatives by non-profit organizations and governments add to the development of the market. Increase in awareness among the patients’ leads to early detection of the disease. This is driving the demand for HBsAg testing.

Growing research and innovation, rise in healthcare expenditure and urbanization is resulting into rapid adoption of testing procedures, which in turn leads to market growth.

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Rising cases of Hepatitis B, likely to increase the HBsAg Testing Sales

Hepatitis B is an infection of worldwide importance, with a projected of 296 million people living the virus globally, according to the data provided by WHO. In the year 2019, hepatitis led to 820 000 deaths, majorly from complications such as cirrhosis and hepatocellular carcinoma.

The occurrence of hepatitis B is highest in the African and Western Pacific regions where 6.1% and 6.2% respectively of the adults are infected. Hepatitis B can lead to chronic infection and show a high risk of mortality. It is projected that 80-90% of the newborns infected with hepatitis B in first year of life suffer from chronic infections.

There is rise in prevalence of hepatitis B also because of the growing urbanization and environmental changes because of the changing lifestyle. These factors create a lucrative opportunities for hepatitis B diagnostic test manufacturers.

US and Canada HBsAg Testing Market Outlook

United States and Canada lead the HBsAg Testing market. The market is likely to witness significant growth owing to the high prevalence of acute cases of hepatitis B, availability of advanced diagnostic tools and rising awareness regarding hepatitis testing.

The rapid growth in the Canadian market is owing to the initiatives of the non-government and organizations. For example, the Public Health Agency of Canada conducted the World Hepatitis Day with the aim of growing awareness regarding hepatitis diagnosis. Thus, resulting into a demand surge for hepatitis diagnosis in the country.

Europe Demand Outlook for HBsAg Testing

Europe is second lucrative market and is likely to register a remarkable growth owing to the rising cases of hepatitis B infections, increasing diagnostic product launches, and growing healthcare expenditure in the region.

As per the World Health Organization, Hepatitis B is a contagious disease that affected approximately 15 million people in 2019 in the WHO European region. The growing geriatric population is also increasing the demand for hepatitis testing as complications associated with hepatitis worsen with aging.

Who are the Key Manufacturers and Suppliers of HBsAg Testing?

Some of the leading manufacturers and suppliers of HBsAg Testing include

CTK Biotech Inc.
Biopanda Reagents Ltd.
Avecon Healthcare Pvt Ltd.
Abbott
Bio-Rad Laboratories Inc.
Siemens Healthineers
QIAGEN
F. Hoffmann-La Roche AG and others.

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Vacuum Mixing Devices Market Covid-19 Impact Analysis, Size, Share, Key Trends, Demand and Forecast till 2029

Driven by the demand for efficient medical laboratory equipment and the changing face of healthcare models, the global market for vacuum mixing devices – valued at ~ US$ 154.0 Mn in 2021 – is estimated to grow by ~ 2% YOY in 2022. These insights are according to a new research report by Future Market Insights (FMI), which underlines the key headwinds and tailwinds determining the future potential of vacuum mixing devices market.

The FMI analyst is of the opinion that market gains will further be upheld by the clinical benefits associated with use of vacuum mixing devices. FMI expects the vacuum mixing devices to see unwavering growth in the next 10 years, as the global healthcare space actively embraces ‘efficiency-enabling’ medical mixing equipment.

According to the FMI report, the vacuum mixing devices market reflects a fair degree of fragmentation, wherein a large pool of regional manufacturers is competing neck to neck. Stryker Corporation and Zimmer Biomet remain two of the market goliaths, with strong product portfolios and extended regional presence.

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A majority of the revenues of these two companies are generated from the US and Germany, and their focus on strategic collaborations will continue to yield significant profit benefits and ensure sustained growth. For instance, in 2021, Zimmer Biomet Holdings, Inc. – a global leader in musculoskeletal healthcare – collaborated with Apple to transform the patients’ journey for two most common type of surgeries undergone by the Americans every year – knee and hip replacement. This collaboration was aimed at popularizing the Zimmer Biomet ‘mymobility™’ app, an app that makes use of Apple Watch to facilitate constructive connections between patients and their respective surgical teams.

The FMI analyst finds that though the factors conditioning success differ for market players of varying statures, but in all the cases, the market partakers will have to be adept at effective tracking of the evolving market trends and make necessary adaptations.

Portability: The New Normal Grappling End User Appeal

In 2021, the devices with vertical orientation is estimated to surpass other variants and account for over ½ of the global vacuum mixing devices-derived value. Though end users will continue to invest in vertical vacuum mixing devices, the demand for rotational vacuum mixing devices will also see a considerable uptick through 2022, unveils FMI.

With ‘portable’ emerging as the new norm in the medical laboratory equipment space, manufacturers are jumping onto the ‘portability’ bandwagon by launching newer models of vacuum mixing devices that are easy-to-carry and compact in size. According to the FMI analysis, North America (29%) and Europe (26%) will continue to be the leading markets for vacuum mixing devices in 2022 and beyond, set in motion by robust healthcare infrastructure and massive investments in development of high-quality laboratory essentials.

Vacuum mixing devices worth ~ US$ 128 Mn were sold in hospitals in 2021, primarily driven by the growing number of inpatient and outpatient procedures. Manufacturers, to draw upon this increase in demand, are focusing on effective marketing of their products to hospitals by using ‘easy-to-use’ and ‘compatibility with varying viscosities’ as two of their key marketing touchpoints. However, various regulations put in place for manufacturing of vacuum mixing devices will continue to impede its penetration by increasing the ‘time-to-market’ factor.

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