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Substantial increase in the focus on developing integrated flow metering solutions with automation and digitalization technologies, suitable for various applications are expected to drive the global subsea multiphase flowmeter market. As per Future Market Insights (FMI), the global subsea multiphase flowmeter market is projected to be valued at ~US$ 616.6 Mn in 2021.

The ongoing COVID-19 crisis has caused severe impact on the global economy. It has resulted in partial to complete shutdown of the supply chain networks and manufacturing activities across certain regions. Subsequently affected the subsea multiphase flowmeter market, adversely affecting growth. However, subsea multiphase flowmeter market is expected to recover sharply as the economic activity resumes post the containment of pandemic.

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The production measurement segment is gaining prominence owing to its functionality of measuring the inflow and outflow of oil & gas such. Moreover, in the near future, it is expected that the scope of production measurement can be extended to enhancing inflow profiling in deepwater reserves, which will further augment demand for subsea multiphase flowmeter.

Key Takeaways of Subsea Multiphase Flowmeter Market Study

• Subsea flowmeter market is expected to register 8.5% CAGR between 2021 and 2031
• The U.S. is expected to have highest market share the global subsea multiphase flowmeter market. Within North America, it is expected to account for over 66% of sales
• The U.K. will emerge as a key market within Europe, exhibiting 5.6% y-o-y growth in 2021
• Expansion of oil and gas production will continue supporting growth in Germany and France
• China will continue driving sales in East Asia, backed by rising demand for energy

“Key industry participants are investing in strategic alliances, partnerships and product innovations to gain a competitive advantage in the evolving global market. These partnerships allow companies to improve their production capacity and strengthen their technical expertise.” says Future Market Insights analyst.

The subsea multiphase flowmeter market is gradually growing at a strong trend in due to increasing integration of technologies with automation and digitalization in subsea multiphase flowmeters for challenging flow metering solutions for regular production monitoring and measurement. Rise in oil and gas investments and increase in oil and gas projects provide extensive opportunities for the subsea multiphase flowmeter market.

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Competitive Landscape

The subsea multiphase flowmeter market witness moderate consolidation, in which the leading players account for more than 70% of the market share. The penetration of small regional players makes this market more competitive. Some of the key players in the market are Weatherford, Baker Hughes, AMETEK Inc., Schlumberger Limited, ABB Ltd, TechnipFMC PLC, Emerson, KROHNE Japan KK, Peitro Fiorentini S.p.a., Haimo Technologies Group Corp., and Tokico System Solutions Ltd among others. These players have higher shares in the global market, and have longstanding relationships with a number of end users, giving them an upper hand among their peers.

Subsea Multiphase Flowmeter Market by Category

By Pipe Size

• 2″ Subsea Multiphase Flowmeter
• 3″ Subsea Multiphase Flowmeter
• 4″ Subsea Multiphase Flowmeter
• 6″ Subsea Multiphase Flowmeter
• 8″ Subsea Multiphase Flowmeter
• 10″ Subsea Multiphase Flowmeter

By Application

• Subsea Well Testing
• Production Monitoring
• Production Measurement
• Others

By Construction Material

• Stainless Steel Subsea Multiphase Flowmeter
• Duplex Steel Subsea Multiphase Flowmeter
• Corrosion Resistant Alloys Subsea Multiphase Flowmeter
• Titanium Subsea Multiphase Flowmeter
• Others

Region

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

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About Future Market Insights (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, and has delivery centers in the UK, 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.

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/

 

According to a new study by Future Market Insights (FMI), the medical tourism market is set to grow at 12% CAGR in 2021. While healthcare efforts remained focused on managing the COVID-19 crisis, reversing growth projections to an extent for 2020, with the situation stabilizing, treatment of life-threatening diseases and chronic ailments will begin gaining traction 2021 onwards.

Between 2020 and 2030, the market is forecast to exhibit 12.3% CAGR, as the number of medical tourists is expected to rise at 11% over the same period. Factors such as increasing healthcare costs in the West, increasing incidence of chronic ailments, and surging demand for various cosmetic procedures have been resulting in the soaring medical tourism.

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Availability of cheaper treatment options abroad without compromising on the overall standard and quality of healthcare services is the chief driver of medical tourism in the East. The field contributes significantly to the generation of revenue across developing economies, which has been motivating government aids.

Besides this various government and non-government machineries are contributing towards campaigns to encourage medical tourism. Their efforts are indicative of opportunities existing in the field. For instance, the Tourism Authority of Thailand has launched a very effective e-campaign a couple of years back to assert the country’s position in the global medical tourism landscape. Besides this, various campaigns are launched in India to promote yoga and spiritual centers within the country.

key takeaways :

• The U.S. is expected to lead in terms of healthcare travel spending, however, in the coming years China’s spending is forecast to surge considerably
• Among services offered under medical tourism, therapeutic services are highly sought-after. Wellness services too are gaining traction as an increasing number of medical tourists are seeking meditation and wellness retreats
• Phone and online booking will remain more preferred modes of booking for medical tourism
• Medical tourism is often sought for cancer and cardiovascular treatment. Besides this, cosmetics and bariatric procedures are very popular among medical tourists

“Medical tourism will consistently rise thanks to government aids and launch of various e-campaigns by government and non-government organizations, alike. Efforts taken towards expansion of the healthcare infrastructure will therefore present conducive environment for medical tourism market growth,” said a lead analyst at FMI.

Medical Tourism Shows Resilience amid COVID-19

While the unprecedented COVID-19 outbreak might have caused significant disruptions, recovery is on card, thanks to prompt response by governments around the world. Thailand’s response to the ongoing pandemic, for instance, has won praise from the United Nations, the World Health Organization, and other experts around the world. Thailand has been ranked among the top five countries among 184 in terms of the effectiveness of their battle against the virus.

According to the Thailand Board of Investment, more than 50 applications for investments, worth over US$ 400 million were submitted during the first half of 2020 to introduce a range of novel measures, accelerating investment in the medical sector. Proactive steps taken by government and non-government organizations will enable the medical tourism market sail despite losses incurred during COVID-19.

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Who is winning?

Medical tourism market is expanding at a fast rate. Tier 1 companies such as AsklepiosKlinikenGmbH, Bangkok DusitMedical Services, Fortis Healthcare Limited, Apollo Healthcare, BumrugrandInternational Hospitals, ChristusMughuerza, and others contribute nearly 6% to 17% of revenue generated by the market.

Tier 2 companies operating in the market include Asian Heart Institute, Prince Court Medical Center, ShouldiceHospital, Gleneagles Hospital, ClemenceuMedical Centre, AnadoluMedical Centre, and others. These companies account for the lion’s share of the global market.

Key Segments

Americas

• Global Healthcare Connections, Inc.
• Christus Muguerza S.A.P.I De CV
• Shouldice Hospital

Europe

• Asklepios Kliniken GmbH

Asia-Pacific

• Fortis Healthcare Ltd
• Apollo Hospitals
• Gleneagles Hospital
• Bumrungrad international Hospital
• Bangkok Dusit Medical Services
• Asian Heart Institute
• Prince Court Medical Center

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Report Scope

Attribute	Details
Forecast Period	2020-2030
Historical Data Available for	2015-2019
Market Analysis	USD Million for value
Key Regions Covered	North America, Latin America, Europe, East Asia, South Asia, Oceania Middle East & Africa
Key Countries Covered	US, Canada, Germany, U.K., France, Italy, Spain, Poland, BENELUX, Nordic, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Vietnam, Indonesia, Australia, New Zealand, GCC Countries, Northern Africa, South Africa
Key Segments Covered	Treatment Type, Service Type, Tourist Type, Age Group, Tour Type, Consumer Orientation, Booking Type, and Region
Key Companies Profiled	Global Healthcare Connections, Inc., Christus Muguerza S.A.P.I De CV, Shouldice Hospital, Asklepios Kliniken GmbH, Fortis Healthcare Ltd, Apollo Hospitals, Gleneagles Hospital, Bumrungrad international Hospital, and others.
Report Coverage	Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives
Customization & Pricing	Available upon Request

About Future Market Insights (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, and has delivery centers in the UK, 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.

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/

The global water treatment market is projected to grow 6% in 2019 and reach a total valuation of ~US$ 48,951.8 million from ~US$ 46,162.7 million in 2018 as per the recent report published by Future Market Insights. Demand for potable water, changing government regulations, and awareness of the negative impact of untreated water are tipped to be the primary growth drivers of the global water treatment market.

At present North America and Europe lead the pack in global water treatment system market, collectively capturing about 45% revenue share.

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The US Environment Protection Agency (EPA) has introduced Safe Drinking Water Act of 1974 that defines criteria for quality of drinking water supplied. Coupled with its peers, the agency implements several technical and financial programs to protect residents from imminent threat of infections. Such trends are likely to benefit the North America water treatment system market in the coming years.

About 97% of households in western and central Europe are connected waste water treatment facilities, while the number drops to around 70% in southern, south-eastern and eastern Europe. That said, urban waste water treatment currently are focusing on addressing challenges such as changes in demographics, climate change, and emergence of pollutants, thereby, attracting huge attention of stakeholders.

In the current scenario, North America and MEA are expected to dominate the global water treatment market in terms of market share. However, the report suggests that the market in East Asia will witness a commendable growth through the forecast period 2019-2029. Currently, the market value of the water treatment market in East Asia is ~ US$ 10,065.6 million and expected to reach US$ 24,376.9 million by the end of 2029 growing at a CAGR of around 9.2% throughout the forecast period. The growth is projected to be primarily driven by focus on enhancing water quality and striking a balance between the demand and supply ratio.

Key Players:

3M; Koninklijke Philips N.V.; Pentair PLC; Panasonic Corporation; Unilever PLC; LG Electronics; EcoWater Systems; A.O. Smith; Culligan International Company

Water networks in Asia Pacific (APAC) are getting more complicated and extensive due to climate change, rapid urbanization, non-revenue water, and underdeveloped or ageing water infrastructure. Such challenges are translating into action items including, optimizing the performance of existing supply systems, planning and running water facilities, and managing ever-growing water demand.

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By Segmentation:

By System Type

• Preliminary Treatment
• Water Treatment
• Membrane Bio-Reactor (MBR)
• Reverse Osmosis (RO)
• Micro-Filtration (MF)
• Nano/Ultra Filtration (NF/UF)
• Disinfectants (UV, Ozone)
• Sludge treatment
• Activated Sludge
• Sludge Thickening & Dewatering
• Sludge Drying
• Other Sludge Treatment Technology

By Application

• Process Water/ Water Treatment
• Waste Water Treatment
• Zero Liquid Discharge
• Desalination

By End Use

• Residential Buildings
• Commercial Buildings
• Municipality
• Industrial
• Chemical & Petrochemicals
• Oil & Gas
• Mining & Metals
• Food & Beverage
• Pharmaceuticals
• Thermoelectric Power Plants
• Semiconductors
• Pulp & Paper
• Sugar Mills
• Textiles
• Leather

By Region

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

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In a bid to address these action items, water treatment system market players are progressively adopting innovative technologies and smart network systems to analyze infrastructure lifecycle possibilities. Moreover, Asia is anticipated to spearhead the market for Point-of-use (POU) technologies over decades ahead. FMI further states that while North America and Europe have been leading the water treatment system market, these developed regions are expected to lose their value share to East Asia towards the end of forecast period.

Global tower crane sales are set to be valued at US$ 19.3 Bn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. The report estimates global tower crane market to grow at nearly 4.8% during 2021-2031. The report offers analysis in 20+ high-growth markets, providing detailed insights on tower cranes market growth will evolve in the next decade.

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The research report analyzes demand for tower crane. The global tower crane market has been analyzed upon covid-19 impact, macroeconomic factors, market trends & market background. As per FMI’s research scope, the market has been analyzed on the basis of applications, customers & regions. The report gives us qualitative and quantitative information on various players in this market. Also, this report tracks the market by both supply side and demand side.

Demand for tower crane waned in 2020, due to the recessionary effects of COVID-19 on the construction activities, resulting in retardation of new and rental sales of tower cranes However, barring a few countries, the construction activities has resumed at a healthy rate post Q2 of the financial year. With the sector undergoing a recovery mode, the immediate as well as long-term growth outlook of Tower Cranes the market remains positive.

In its new study, ESOMAR-certified market research and consulting firm, Future Market Insights (FMI), offers insights about key factors fueling the demand for tower crane. The report tracks the global sales of tower crane in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on the building and construction industry in general, and tower crane in particular.

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Key Takeaways from Tower Cranes Market Study

1. Following negative returns amid COVID-19, the tower crane market is forecast to register a little below 4% Y-o-Y growth in 2021
2. The U.S. will continue accounting for maximum sales in North America, holding over 85% of regional market share
3. The U.K. market is likely to register 3.7% Y-o-Y growth in 2021 backed by recovering construction activities
4. The demand from Germany and France will account for considerable sales within Europe
5. China will emerge dominant in East Asia, while Japan and South Korea markets will continue exhibiting growth at a positive pace.

 “Increasing investment in commercial construction as well as in the construction of civic in recent years is expected to provide an impetus to tower cranes sales. Rental base sales will continue to have a greater weightage as against direct ownership based procurement. Competitive price offering, increase in end user satisfaction on the performance, use of advanced technologies are the key strategies adopted by manufacturers operating in the market,” says FMI analyst.

Compititive Landscape:

The tower crane market is moderately competitive, with presence of large number of players operating in the market. Some of the players are focusing to carve a niche for specific demography. The market has been benefiting from robust partnerships with high focus on innovations. This has led to a series of tower crane launches in the last few years.

For instance:

• In 2020, Potain launched a tower crane focusing on home building and high-rise.
• Comansa has recently launched the largest crane, called 21CM750, manufactured at its plant in Hangzhou.

Some of the leading companies operating in the market are:

• Zoomlion Heavy Industry Science & Technology Company Ltd.,
• Xuzhou Construction Machinery Group Co., Ltd.,
• Liebherr,
• Terex Corporation,
• Manitowoc,
• Sany Group,
• Action Construction Equipments,
• Konecranes,
• Raimondi,
• Comanasa S.A.

Facing challenges such as high cost of the equipment, setup time, and safety of the workers has always been one of the prime concerns of end users. Against this backdrop, some of the leading manufactures within the market are focusing on the development for enabling easy maneuverability of the tower cranes coupled with increasing the production capabilities.

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By Segment:

The demand for fire extinguishers is projected to surge with a projected CAGR of 5.4% by sales in volume (units). Increasing implementation of strict regulation by governments, particularly in developed economies like the U.S., certain countries in Europe, Japan, and Australia primarily in industrial and commercial spaces generate interest, owing to high-convenience products.

As per a Future Market Insights (FMI) analysis, the fire extinguisher market is projected to be valued at over ~US$ 3.6 Bn in 2021, expanding at a CAGR of ~5.7% over the forecast period of 2021-2031.

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Future Market Insights estimates that more than six out of ten fire extinguishers are sold in the commercial and industrial sectors. Leading companies are incorporating tech-driven manufacturing strategies to expand into the most challenging industrial areas, such as mining, oil and gas, and waste management, where the risk of fire loss is significantly greater.

Product design strategies are impacted by the need for fire extinguishers to survive extreme environments and extreme corrosion conditions in these end-user segments, which will support investments into R&D efforts.

Increasing regulations for building design codes in the residential sector will also generate gains in the coming decade. Moreover, manufacturers are investing in R&D activities to offer innovative and technologically advanced product offerings. These factors are expected to positively influence growth in demand for fire extinguishers during the forecast period.

Key Takeaways of the Fire Extinguisher Market Study

• Carbon dioxide extinguishers will account for the leading market share of over 30%, on the back of easy access to raw materials and efficacy in fire control.
• Dry chemical fire extinguishers are increasingly adopted, due to their superior efficiency in draught-free conditions.
• Germany will emerge as a key market for fire extinguishers on the back of the implementation of stringent codes for ensuring better safety in buildings.
• The U.S. dominates the North American market, accounting for over 80% of sales in the region.
• China will lead the East Asia market, exhibiting a growth rate of over 6.5% CAGR through the assessment period.

 “With the ever-evolving requirements of the global construction industry, demand for fire safety equipment has grown rapidly. Fire extinguishers in particular, have been at the center of these developments in terms of economically feasible solutions. Innovative product offerings have been important for manufacturers to gain competitive benefits,” says an analyst of Future Market Insights.

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Competitive Landscape

Some of the key players in the market include but are not limited to Kidde, AMEREX CORPORATION, Hochiki Corporation, NAFFCO FZCO, DESAUTEL SAS, HATSUTA SEISAKUSHO Co. Ltd, Yamato Protec Corporation among others.

By Segmentation:

By Product Type

• Water
  • Air-Pressurized Water
  • Water-Mist
• Foam
  • Aqueous film-forming foam
  • Compressed air foam system
  • Others
• Wet Chemical
  • Potassium Acetate
  • Potassium Carbonate
  • Potassium Citrate
• Dry Powder
• Carbon Dioxide
• Dry Chemical
• Others

By Fire Type

• Class A
• Class B
• Class C
• Class D
• Class K

By End-Use

• Residential
• Commercial
• Industrial
• Public Areas
• Others

Region

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

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Fire extinguisher manufacturers will experience increasing demand from various end-use sectors. Commercial sector applications will account for maximum demand in upcoming years due to investments in the sector in many countries. In addition, increased construction sector spending will further create market prospects. The segment is expected to generate an incremental opportunity worth US$ 1.2 Bn in the forecast period through 2031.

Growing prevalence of osteoarthritis, strong healthcare infrastructure and well established reimbursements are soaring the demand for viscosupplementation market. The Europe viscosupplementation market has been segmented by product type, end user and region.

Rising prevalence of knee osteoarthritis is fuelling demand for effective treatment therapies. Hyaluronic acid-based intra-articular injections have proved to be one of the most preferred choices of treatment for symptomatic knee osteoarthritis. Hyaluronic acid-based intra-articular injections restore normal viscoelastic properties of altered synovial fluid in the knee joint, delivering effective therapeutic effect. The ultimate goal of viscosupplementation is to increase the concentration of hyaluronate in the joints so to restore the altered synovial fluid present in the joints.

Future Market Insights (FMI) delivers key insights on the Europe viscosupplementation market in its upcoming report titled, “Viscosupplementation Market: Europe Industry Analysis and Opportunity Assessment, 2016-2026”. In terms of revenue, the Europe viscosupplementation market is projected to register a healthy CAGR of 5.1% during 2016-2026.

As per ESOMAR-certified consulting firm Future Market Insights (FMI), the global heat recovery steam generator market is anticipated to reach US 1.1 Bn in 2021. With the U.S., the U.K., Germany, and Japan emerging as key producers, the market is poised to grow at a 5.7% CAGR through 2031.

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Neurointerventional Devices Market – Outlook & Key Findings

• Neurointerventional devices market to surge at 8% CAGR from 2020-2030
• High incidence of brain aneurysm and associated neurological disorders to drive market growth
• Faster patient recovery will accelerate coil embolization procedures in the long-run
• Carotid stents shall capture a significant chunk of the market, attributed to rising number of carotid surgeries across prominent regions
• Nanotechnology to play an influential role in endovascular intracranial aneurysms treatment
• North America to witness maximum proliferation, with a market share exceeding 2/5^th

A new report by Future Market Insights (FMI) expects global neurointerventional devices market to grow at 7.8% CAGR through 2030. According to the study, the market will reach USD 5 billion in revenues by the end of 2030.