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Veterinary Molecular Diagnostics Market is estimated to expand to a value of US$ 277.2 Million by 2028

According to the latest market report published by Future Market Insights, titled ‘Veterinary Molecular Diagnostics Market: Global Industry Analysis (2013-2021) and Forecast (2022-2026)’, the global veterinary molecular diagnostics market is expected to expand at a CAGR of 7.6% during the forecast period 2022–2028.

The market is segmented based on product type, disease type, species type, end-user, and region. On the basis of product type, the market has been segmented into four segments such as PCR kits, INAAT kits, microarray kits, DNA sequencing kits.

PCR kits segment is expected to be the fastest-growing segment over the forecast period, registering a significant CAGR of 7.8% in terms of revenue, over the forecast period. The increasing demand for advanced veterinary molecular diagnostic kits, such as RT-PCR kits, DNA sequencing kits, and microarray-based diagnostic kits owing to the growing number of diagnostic procedures in livestock and companion animals worldwide is expected to boost the growth of the veterinary molecular diagnostics market over the forecast period.

The PCR kits segment dominates the market with a market value of US$ 63.4 Mn in 2017. Also, the segment is expected to maintain its dominance over the forecast period with a market value of US$ 124.0 by 2026 end and expands at a significant CAGR.

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On the basis of disease type, the market has been segmented into Anaplasma spp., Ehrlichia spp., New Castle Disease, Influenza, Porcine Reproductive & Respiratory Syndrome (PRRS), and others.

Based on species type, the market has been segmented into livestock animals including Aquatic, Bovine, Porcine, Ovine, Poultry, and Equine.

On the basis of end-user, the market has been segmented into veterinary hospitals, clinical laboratories, and veterinary research institutes.

On the basis of region, the market has been segmented into North America, Latin America, Europe, the Asia Pacific Excluding China (APEC), China, and the Middle East and Africa (MEA).

Increasing set up of new production facilities by the key manufacturers in growing economies coupled with increasing adoption of molecular diagnostic techniques in animals is anticipated to boost the production for molecular diagnostic kits and drives the growth of the veterinary molecular diagnostics market over a forecast period.

The increasing prevalence of chronic disorders in animals such as influenza, new castle disease, and diabetes coupled with the high prevalence of infectious diseases is further anticipated to fuel the demand for the veterinary molecular diagnostics market. Increasing preference for molecular diagnosis on the account of their high specificity and efficacy in diagnosing chronic diseases in animals and the presence of a strong distribution channel is further anticipated to drive the growth of the veterinary molecular diagnostics market over the forecast period. Rising adoption of pets, increasing financial grants for innovation in veterinary diagnostics, fast FDA approvals for reagents used in animal molecular diagnostics, and increased consumer spending on veterinary care is also expected to drive the market revenue growth over the forecast period.

Increasing spending on pet care in developing economies such as Japan and India in the APEC region is anticipated to have a positive impact on the veterinary molecular diagnostics market in the APEC region. However, the increasing demand for advanced veterinary molecular diagnostic kits, such as RT-PCR kits, DNA sequencing kits, and microarray-based diagnostic kits owing to the growing number of diagnostic procedures in livestock and companion animals is further anticipated to drive the growth of the veterinary molecular diagnostics market in North America and Europe over the forecast period.

However, gaps in epidemiological knowledge of certain virulent veterinary diseases, high costs associated with veterinary molecular diagnosis and stringent regulatory approval process for novel molecular diagnostic kits resulting into product delays, may hamper the demand for veterinary molecular diagnostic kits and restrain the growth of veterinary molecular diagnostics market over forecast period. Also, the improper veterinary care research infrastructure in the emerging economies, limited reimbursement policies and Visa restrictions strangling vet practices coupled with shortage of veterinary doctors and colleges are some other factors anticipated to hinder the growth of the global veterinary molecular diagnostics market.

This report assesses trends driving the growth of segmental markets and offers analysis and insights into the regional veterinary molecular diagnostics market. North America is estimated to dominate the veterinary molecular diagnostics market with a maximum value share by the end of 2017. By 2026, North America and Europe markets cumulatively are expected to account for over 67.8% revenue share of the global veterinary molecular diagnostics market by the end of 2026.

Some key companies covered in this report include bioMérieux SA, IDEXX Laboratories, Inc., Thermo Fisher Scientific Inc., Qiagen N.V., Neogen Corporation, ID.Vet, INDICAL BIOSCIENCE GmbH, and Veterinary Molecular Diagnostics, Inc. These leading players focus to consolidate their position in the global veterinary molecular diagnostics market by actively participating in activities such as partnerships, mergers, acquisitions and collaborations. Companies focus on extending their product line and expansion of production capacities to meet the growing demands for veterinary molecular diagnostics kits worldwide.

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Comprehensive analysis on evolving purchase pattern across different geographies
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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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Ultrasound Conductivity Gels Market is projected to reach USD 439.1 million by 2028

Future Market Insights (FMI) has published a new report on ultrasound conductivity gels. The report has been titled, “Ultrasound Conductivity Gels Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment, 2022 – 2028.” The report caters to the numerous needs of the global as well of the regional vendors and presents a distinguishing scenario of the market along with factors such as drivers, inhibitors, prospects, and trends based on the regional as well as the global dynamics.

According to the report, the global market for ultrasound conductivity gel is expected to witness a CAGR of 7.8% from 2022 to 2028. The market was worth US$ 193.8 Mn and is anticipated to touch a valuation of US$ 439.1 Mn by the end of 2028. The market is expected to foresee a stable growth in the coming years along with moderate challenges arising from the substitutes.

The global market for ultrasound conductivity is highly consolidated owing to the presence of a few leading players and their take on collaborations, mergers, acquisitions, partnerships, license agreements, and patent transfer might have a major impact on the vendor landscape of the global ultrasound conductivity gels market. The other leading players operating in the global ultrasound conductivity gels market are Medline Industries Inc., Parker Laboratories, Inc., Compass Health Brands Corp., Cardinal Health, Inc., and ECO-MED Diagnostic Imaging, among several others. These manufacturers are also focusing on decreasing the cost of the gels in order to compete with the inexpensive substitutes.

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Enlarging Application Base to Help in Market Development

Ultrasound is the most commonly employed diagnosis procedure for curing a disease. It is a painless and safe method to examine the internal organs and avoids the use of harmful radiations. Generally, ultrasound scan is recommended for various uses. In urology, ultrasound is utilized for diagnosis of the prostatic and kidney diseases and to diagnose urinary bladder. There is a rise in demand for ultrasound machines designed for specialities such as cardiology and radiology and in the knowledge of the advantages offered by the portable colour ultrasound systems which ultimately increase the demand of ultrasound procedures and use of ultrasound gels.

Moreover, the increasing awareness towards screening for breast cancer and advanced technologies such as echocardiography has evolved into a non-invasive method for imaging has driven the number of ultrasound procedures and boosting the future growth. Other than this, the need for point of care ultrasound scanning in military medication, urgent treatment, and remote care are likely to bolster the demand for ultrasound procedures and also increase the demand for ultrasound gels across the globe.

Availability of Alternate Products an Ongoing Challenge in the Market

Medical ultrasound gels may be inaccessible or unaffordable in low-resource locations. Consumers and clinicians looking for a low-cost substitute for ultrasound gels. Such an alternative could be a boon in developing countries where radiology budgets are tight but might hinder the global ultrasound conductivity gels market. A gel made from water and corn-starch is low-cost gel can be an acceptable alternative to commercial medical gel in rural areas. The low cost and easy preparation of the corn-starch-based gel make it an attractive coupling medium for use in low-resource settings. The availability of these substitutes is likely to act as a major roadblock in the growth of the market which be overcome in the near future.

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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

Cervical Pillows Market is projected to register a CAGR of 4.5% in terms of value during the forecast period 2022–2028

According to a newly published report by Future Market Insights titled “Cervical Pillows Market: Global Industry Analysis (2013-2021) and Opportunity Assessment (2022-2028),” major players in the market are trying to launch and add new products to their product portfolio to stay at the top in this competitive market. According to the report forecasts, the global Cervical Pillows Market is projected to register a CAGR of 4.5% in terms of value during the forecast period 2022–2028. The market is anticipated to be valued at US$ 1436.2 Mn by 2028. The primary reasons behind market revenue growth are an increasing prevalence of neck and back pain and growing research and development activities pertaining to spine and neck injuries.

Global Cervical Pillows Market: Trends

Partnership with distribution channels
Ease of pillows in air travel
Growing specialist chiropractor products
Collaboration through digital platforms to bring more value to patients
Increasing number of local players in the market
Innovation with new technologies and products such as Japanese buckwheat pillow
Programmes to increase awareness among the people
Accelerating number of clinical trials
Technological advancements in pillow material
New product launches with hot and cold therapy

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Global Cervical Pillows Market: Forecast by Product Type

On the basis of product type, the global cervical pillows market is segmented into cradle pillows, neck pillows, side pillows, cervical rolls, and basic cervical pillows. Basic cervical pillows dominated the global cervical pillows market in revenue terms in 2016 and is projected to continue to do so throughout the forecast period. Basic cervical pillows is projected to be the most attractive segment with an attractiveness index of 1.6 during the forecast period. This segment was valued at US$ 299.2 Mn in 2017 and is projected to reach US$ 503.0 Mn by 2027, expanding at a CAGR of 5.3% during the forecast period.

Global Cervical Pillows Market: Forecast by Application

On the basis of application, the global cervical pillows market is segmented into cervical spondylosis, trauma based whiplash recovery, and temporomandibular disorders. The temporomandibular disorders segment was valued at US$ 183.9 Mn in 2017 and is expected to grow at a CAGR of 3.2% over the period of assessment. This segment represents a market attractiveness index of 0.4.

Global Cervical Pillows Market: Forecast by Distribution Channel

Segmentation by distribution channel comprises hospital pharmacies, retails pharmacies, and e- commerce. The e-commerce distribution channel dominated the global cervical pillows market in revenue terms in 2016 and is projected to continue to do so throughout the forecast period. Hospital pharmacies is projected to be the most attractive market with an attractiveness index of 2.0 during the forecast period.

Global Cervical Pillows Market: Forecast by Material Type

Material type segmentation comprises foam pillows, fiber filled pillows, memory foam pillows, water filled pillows, gas filled pillows and gel filled pillows. The water filled pillows segment is anticipated to register a CAGR of 4.7% during the forecast period.

Global Cervical Pillows Market: Forecast by Region

North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and MEA are the seven regions that have been covered in this report. Revenue from the North America cervical pillows market is expected to expand at a CAGR of 4.5% in terms of value over the forecast period.

Global Cervical Pillows Market: Key Players

Djo Global, Alex Orthopedic, Inc., Mediflow Inc, Coop Home Goods, Core Products International, Inc, Innocor Inc., Lohmann & Rauscher International GmbH & Co. KG, PharMeDoc, Crown Medical Products, Inc., CNH Pillow Inc., Therapeutic Pillow International, Arc4life, My Pillow, Hall Innovations, LLC., Xtreme Comforts, Cr Sleep, Malouf, Carpenter Co., Custom craftwork, and J-Pillow Ltd are some of the top companies operating in the global cervical pillows market that have been profiled in this report.

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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

Electric Dental Handpiece Market are expected to drive at a 5.2% CAGR across 2022 to 2028

A dental handpiece is an instrument used to hold dental burs, disks, or cups in order to perform tooth removal or to perform cleaning and polishing of teeth or restorative material. The instrument is available in two modalities that includes air driven and electrically driven handpieces. It is powered by either electric motor or air turbines.

A new research report by Future Market Insights titled ‘Electric Dental Handpiece Market: Global Industry Analysis 2013–2021 and Opportunity Assessment 2022–2028’ gives clear insights on the market and its various segments. According to the analysis, the global Electric Dental Handpiece Market recorded a market value of over US$ 270 Mn in 2012, and is expected to reach a valuation in excess of US$ 450 Mn by the end of 2028. The market is anticipated to grow at a CAGR OF 5.2% during the forecast period. The market growth will make many companies focus solely on providing dental handpieces. Manufacturers are developing electric brushless motors to be used in various dental settings for a large number of applications. Tie-ups with distributors and other channel partners ensure continuous product availability and will help in expanding product reach both geographically and in non-traditional end use settings.

Electric Dental Handpiece Market: Dynamics

The growth of the global electric dental handpiece market is helped by a lot of factors. Mostly the technological advancements have been a contributor in the market’s growth. The increase in dental disorders also plays a crucial role in augmenting market revenue. People have started using more artificial products and there is a visible increase in the carelessness towards teeth, which has increased the rate of dental disorders. There is also an increase in the spending of people on costly dental treatments.

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However not every region is economically stable, which makes certain countries within such regions incapable of purchasing these costly instruments. Stringent regulations on the manufacturing of dental devices in under developed regions can be a factor that restricts revenue growth of the global electric dental handpiece market.

Segmental Analysis

Based on the regional analysis, North America dominates the market with a higher revenue share than other regions. However, Western Europe is expected to lead in terms of a high CAGR of 5.7% during the forecast period
Based on motor type, brushless motors is the dominating segment of the market, and it is also the fastest growing segment with a CAGR of 5.8% during the forecast period
In terms of end user, the dental clinics segment leads the market with the maximum revenue and the highest growth rate

Global Electric Dental Handpiece Market: Competitive Landscape

This research report lists the top companies in the market along with brief business profiles. These profiles include the current as well as the future strategies of the companies studied. According to the market analysis, A-dec Inc. held the maximum revenue share in 2016. Some of the other major players mentioned in the report include KaVo Dental GmbH (Danaher Corporation), Dentsply Sirona Inc., Nakanishi Inc., A-dec Inc., Bien-Air Medical Technologies, SciCan Ltd., DentalEZ Group, Brasseler USA, W&H Dentalwerk Bürmoos GmbH, Lares Research etc.

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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

Surgical Generators Market is expected to push sales at 3.4% CAGR, boosting the market size to US$ 570 Million by 2028

The global Surgical Generators Market is estimated to hit the US$ 421.5 Million cap in 2021, expanding at a moderate year-on-year growth of 3.2 percent, during the same period. As per a recent market study by Future Market Insights, the global market for surgical generators is expected to represent an absolute dollar opportunity of US$ 161.65 Million, through the forecast period considering in the study, 2022-2028. Electrosurgical Radiofrequency (RF) generators, in terms of product type, are expected to pump maximum revenue into the global surgical generators market, holding a market share of approximately 49.4 percent. However, Argon Plasma Coagulation generators have shown significant adoption in recent years, as per the study, translating into a substantial market share in the coming years. Its application in haemostasis, tissue devitalization, tissue reduction, and for rapid surgical ablation solutions, using ultra precision are some key factors driving the Argon Plasma Coagulation generators segment, according to the study.

FMI predicts moderately growing demand for surgical generators, considering:

Increased technological innovations aimed at providing efficient electrosurgery and associated deices. Moreover, operating rooms have evolved substantially, in the recent years, mostly equipped with technologies offering high efficiency and productivity.
Compatibility capabilities offered by new-age surgical generation, with various ablation devices. Additionally, advancements in surgical generators have changed the minimal invasive surgeries (MIS) landscape.
Technologically advanced electrosurgical RF generators and ultrasonic generators have the ability to handle input variations for ablation devices and cautery, while also demonstrating the effectiveness, safety, accuracy of electrosurgical devices.
Furthermore, deployment of low-cost ablation devices versus those required in RF-based ablation techniques including bipolar and ultrasonic ablation device, have significantly reduced the maintenance and repair costs, thereby further reducing the cost of surgical generators.
Growing demand for plastic and cosmetic surgeries—all executed using various types of electrosurgical devices.
Moreover, most modern surgeries require devices that provide energy to tissue to perform desired task.
Growth of ambulatory surgical centers (ASCs) surgeries is considered a major factor for increased sales of surgical generators. Technologically advancements and market consolidation have immensely supported ASCs—now carrying out critical procedures including maxillofacial, hip, spine and laparoscopic surgeries.

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“However, given the complexities relating to surgical generators in operating rooms, there are some critical market restrainers that we have studies in the recent report on surgical generators. Mostly importantly, lack of skill and training of operating electrosurgical devices along with complications in electrosurgery and potential risks of burns, are the key market inhibitors, considering that the modern day operating rooms and procedure suites are sophisticated computer-driven control centers of highly complex “point-of-care” delivery. Unfamiliarity with the basis functioning of such devices could prove fatal, in the form of Operating Room (OR) fires. Moreover, complications of electrosurgery can occur in form of combustible gases explosions, accidental burns, interference with pacemakers and monitors, and infection transmission”, explained a senior analysts from the healthcare domain, while listing out the reasons for a slow-moving surgical generators market.

Surgical Generators Market Showcases a Relatively Concentrated Landscape with top leaders such as Bovie Medical Corporation, Ethicon (J&J), Olympus Corporation, CONMED Corporation, and Medtronic amongst others holding a market share of approximately 45 percent. Technological innovations combined with strategic mergers and acquisitions aimed at expanding product portfolio and improve patient safety and procedure accuracy, are anticipated to remain the core differentiation strategies among surgical generators manufacturers. Moreover, FMI also foresees increased investments in research and development activities, generating significant demand for surgical generators, mostly in hospitals, as per the study.

For instance, Olympus, a key players in the global surgical generators market, introduced its ESG-300 Electrosurgery Generator. The Argon Plasma Unit (APU-300) including the Olympus exclusive Smart Argon mode identifies distance to tissue and regulates power automatically. US Medical Innovations, in 2017, launched its advanced Smart Electrosurgical Generator Canady Plasma offering Graphical Interface Management Surgical System and Tissue Impedance Sensitive Control.

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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

Cell Line Development Market is projected to reach USD 7.2 billion, growing at a CAGR of 7.5% during the forecast period 2022-2028

According to International Agency for Research on Cancer, the number of new cancer cases per year is expected to rise to 23.6 million by 2030 globally. In recent times, cell line development and its applications are considered as potential tools in oncology research. Cell lines are projected to be used for development of new treatment pathway for various disease including cancer and neurological diseases.

According to a latest research by Future Market Insights (FMI), the global cell line development market size is anticipated to account for over US$ 7,200 Mn, in terms of value, by 2028 end. The report on cell line development market further projects significant growth potential with CAGR at 7.2% through 2028.

Rapid increase in prevalence of cancer and neurology disorders and lack of efficient treatment solution for these diseases has created the need of more advanced and efficient treatment pathway. Companies and government organizations are investing on research and development activities and are also focusing more on cell line development in search of new cellular pathway to develop novel drugs. The increased spending on biosimilar R&D from exiting biopharmaceutical companies would provide boost to cell line development market.

In recent time the contract research organizations are focusing on cell line development and cell line research activities. According to National Institutes of Health (NIH) the estimated total federal spending on all type of stem cell line research for 2017 is US$ 1.58 Bn. In developing countries like India, government is supporting cell line development through national funding agencies like Department of Biotechnology (DBT), Indian Council of Medical Research (ICMR), and Department of Science and Technology (DST).

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Regenerative medicines are the next generation treatment solution and Cell Line Development or Cell Culture is a vital part for regenerative medicine. Increasing demand of regenerative medicines in cancer treatment would positively impacting the growth of Cell Line Development market over the forecast period.

The biopharmaceutical companies operating in development of novel drug line are expected to hold promising revenue opportunity in cell line development market.

Future Market Insights (FMI) has segmented the cell line development market based on product type, cell line source type, end user, type of cell line and region.

Product type segment in cell line development market is segmented into media and reagents, equipment and accessories. Reagents and Media are required from incubation to preservation of cell lines. These products are expensive and have repetitive use in cell culture or bio-production. Reagent and media segment in cell line development market is expected witness noteworthy growth in terms of revenue owing to rapid increase in demand in cell culture and cell based assays.

Cell line development market by cell line source is categorized into mammalian cells and non-mammalian cells. Mammalian cell line development is anticipate to witness significant growth in overall cell line development market. This growth of mammalian cells segment in cell line development market is driven by increased production of biologics drugs which require mammalian cells. Increasing antibody production is the major driving factor behind the growth of mammalian cell lines segment in cell line development market.

Mammalian cell lines are used to create therapeutic proteins through genetic building and antibodies through viral infection. For example, Gaucher’s disease, which is a genetic disorder characterized by lack of β-glucocerebrosidase enzyme and can be treated by Cerezyme which is a recombinant enzyme produces in mammalian cell lines. Mammalian cell lines are also useful in production of antibodies and other therapeutic agents such as specific binding proteins that can neutralize disease causing agents in the body. For example Under cell line type segment in cell line development market, recombinant cell line development are the most demanding type of cell line due to large application in biologics production, protein interaction, gene activation, toxicity testing and drug screening.

Growing application recombinant cell line development in drug toxicity testing is expected to boost the growth of overall cell line development during the forecast period

North America and Europe cell line development market will dominate in owing to increasing government funding in cell line development research and rising spending on biosimilar developments. Asia Pacific cell line development market is expected to grow at a high growth rate due to increased number of research organization engaged in novel biologics and biosimilar fastest revenue growth in overall cell line development market.

The Asia Pacific region in Cell line development market is anticipate to witness increasing demand of biopharmaceuticals and regenerative medicines are expected to boost the growth of the cell line development market.

FMI’s report tracks some of the key companies operating in the cell line development market, such as Selexis SA, GE Healthcare, Corning Incorporated, Thermo Fischer Scientific, Inc., American Type Culture Collection (ATCC), Lonza (Sartorius Stedim Biotech S.A.), Danaher Corporation, Merck KGaA, WuXi Biologics.

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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

Orthopedic Trauma Devices Market: rise of digital orthopedics will continue to fuel market growth through to 2028

Primarily driven by increasing instances of fractures due to road accidents and sports related injuries, the global market for orthopedic trauma devices is anticipated to expand at a promising CAGR of 6.8% over the next decade. By the end of 2028, the orthopedic trauma devices market is estimated to attain the global revenues beyond US$ 14 Bn. As per the research presented in a recently published report by Future Market Insights, titled “Orthopedic Trauma Devices Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment, 2022 – 2028,” the market will also continue to be driven by impactful presence of some of the local players within respective regional markets.

“While the advent of 3D printing technology is likely to present the market a heap of new growth opportunities in 3D printed orthopedic implants, another significant opportunities lies in the popularly trending reverse shoulder arthroplasty. The rise of digital orthopedics will continue to fuel market growth through to 2028,” states a research analyst at Future Market Insights.

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Based on the regional analysis, the global orthopedic trauma devices market will continue to witness dominance of North America, which currently accounts for a major portion of the total revenues. With around 48% value share observed in 2021, North America’s orthopedic trauma devices market is estimated to attain a value in excess of US$ 6 Bn by the end of 2028. Western Europe is also identified to be a key market, holding the second largest position in terms of value. Manufacturers will however discover attractive opportunities in developing economies, including Asia Pacific, Latin America, and Middle East and Africa. Among the emerging regional markets, Asia Pacific excluding China and Japan (APECJ) is likely to emerge at a relatively higher pace, followed by MEA. China is expected to be the most lucrative market owing to the highest estimated CAGR value over 2022-2028. Strong presence of key companies will reportedly uplift the markets in North America and China.

A majority of the key companies operating in the global orthopedic trauma market are opting for strategic mergers and acquisitions, in addition to new product launches. According to the report, most of the revenue is contributed by the tier 1 companies, followed by the tier 3 players. The tier 1 includes DePuy Synthes Inc., Stryker Corporation, Zimmer Biomet Holdings Inc., and Smith & Nephew Plc., which collectively represent nearly 70% share of the total market revenues. Among these, DePuy and Stryker will continue to remain the top players worldwide over the next decade. Tier 3 accounts for a relatively decent revenue share and includes brands such as Arthrex, Inc., RTISurgical, Medartis, Integra LifeSciences Corporation, Japan MDM, S. H. Pitkar Orthotools Pvt Ltd, Weigao Group Co Ltd, and Invibio Ltd.

Others operating in the global orthopedic trauma devices market include Johnson & Johnson Services, Inc., Wright Medical Group NV, B. Braun Melsungen AG, Orthofix International, and OsteoMed. Growing outpatient surgical procedure demand and boosting funds for delivery of the top-notch trauma care are foreseen to collectively create a lucrative pool of opportunities for the leading bunch of companies in the global marketplace. The market is also witnessing the development of novel and effective products for use in trauma care, which stands to be another important opportunity.

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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

VCSEL Market 2022 Industry Research, Segmentation, Key Players Analysis and Forecast to 2031

VCSEL (Vertical-cavity Surface-emitting Laser) market is set to witness steady growth during 2021-2031. One of the major growth drivers for the VCSEL market happens to be the growing adoption of 3D sensing applications in smartphones coupled with rise in market investment for VCSEL manufacturing.

Furthermore, due to increasing applications in in-cabin monitoring and LiDAR, automotive industry offers substantial growth opportunities for VCSEL suppliers.

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What is Driving Demand for VCSEL?

Major factors driving the growth of VCSELs happen to be the increasing 3D sensing applications in smartphones. 3D camera sensing makes use of a dot projector, flood illuminator, and proximity sensor which are all based on laser components of VCSEL. Hence, increasing implementation of 3D sensing applications in smartphones is fueling the market growth.

Moreover, VCSELs offer numerous advantages, such as optical efficiency, relatively low cost, wavelength stability, low power consumption, and higher modulating rates. Such factors have resulted in an upsurge in the adoption of VCSELs in 3D sensing applications in the market.

Multimode is Expected to Grow at the Highest CAGR in the VCSEL market by Type

The multimode VCSEL segment is anticipated to grow at a higher CAGR over the forecast period. Multimode VCSELs are primarily being used for 3D sensing applications. Moreover, multimode VCSELs are capable of offering higher data transmission rates over short reach as more than one optical mode is permitted inside the laser cavity.

Owing to their flexibility and wider application areas, the market for multimode type VCSEL is anticipated to hold the largest market share. Multimode VCSELs are also projected to grow at a significant CAGR owing to major applications in data centers and consumer electronics across the globe.

US and Canada VCSEL Demand Outlook

U.S. happens to be one of the major markets for VCSEL across the globe. The growth in U.S. is attributed to the presence of established players such as Lumentum, Broadcom, Coherent, FLIR, NeoPhotonics, Lytek Corporation, Leonardo Electronics, Ushio America, and Thorlabs, among others in the region.

Moreover, US happens to be one of the most competitive and rapidly changing markets across the globe. Besides, the region is also anticipated to adopt new technologies at a faster pace as compared to other countries in the world.

Europe Demand Outlook for VCSEL

Technological advancements in consumer electronic products, such as tablets and smartphones, have significantly augmented the demand for VCSELs across sensing applications.

Furthermore, VCSELs offer better optical competency than any other semiconductor materials and at affordable cost. Owing to this, there has been a rise in demand for VCSELs across different application areas in the Europe region.

Who are the Key Manufacturers and Suppliers of VCSEL?

Some of the leading providers of VCSEL include

Lumentum
II-VI Incorporated
ams
TRUMPF
Broadcom
Vertilite
Coherent
Alight Technologies
Connector Optics
VERTILAS
WIN Semiconductors
IQE
Ricoh
Fuji Xerox
MKS Instruments
FLIR
Santec
Leonardo Electronics
TT Electronics
Ushio America
Thorlabs
Bandwidth 10
RaySea Technology
Inneos
Frankfurt Laser Company
OCTLIGHT
Ouster
Sanan Integrated Circuit
NeoPhotonics
Lytek Corporation
OptiGOT among others.

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VCSEL 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.

Key Segments

By Type:

Single-Mode
Multimode

By Material:

Gallium Arsenide (GaAs)
Indium Phosphide (InP)
Others

By Wavelength:

Red
Near-Infrared (NIR)
Shortwave Infrared (SWIR)

By Sensing:

Sensing
Data Communication
Industrial Heating & Laser Printing
Emerging & Other Applications

By Industry:

Consumer Electronics
Data Center
Automotive
Commercial & Industrial
Healthcare
Military
Others

By Region:

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

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Severless Apps Market 2022 Key Players, End User, Demand and Consumption by 2031

Severless apps market is expected to grow at a CAGR of 16.6% during the forecast period of 2021-2031. Serverless is a cloud-native development model that permits developers to build and run applications without having to manage servers.

There are still servers in serverless, which are abstracted away from app development. A cloud provider handles the work of maintaining, provisioning, and scaling the server infrastructure. Developers simply package the code in containers for deployment.

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What is Driving Demand for Severless Apps?

Serverless apps market is majorly driven by rapid app development, move from DevOps to serverless computing, and increasing need to eradicate management of servers. Moreover, benefits such improved scalability and cost-efficiency of serverless apps are positively impacting the market growth.

Also, continuous rise in the adoption of cloud technologies and the development of serverless computing in increasing IoT landscape are anticipated to give lucrative opportunities for the global market.

By adopting serverless apps, organizations can efficiently eliminate expensive traditional and time-consuming approaches. It helps in shifting the responsibility of managing servers, application logic, and databases, which eliminates set-up and maintenance costs.

BFSI is Expected to Hold the Largest Share of the Severless Apps Market by End-User

On the basis of end-user, the market for severless apps is segmented into BFSI, government & public, healthcare & life sciences, manufacturing, media & entertainment, retail & ecommerce, telecom & IT, and others. The banking, financial services, and insurance (BFSI) segment dominated the market in 2020 and is expected to grow with the same pace during the forecast period.

Major companies in the BFSI vertical have a substantial user base, deployment of serverless apps has allowed enterprises in auto-scaling to highly variable or an unpredictable demand and resulted in benefitting by handling a variety of functions.

Asia Pacific Demand Outlook for Severless Apps

Asia Pacific is accounted the highest CAGR and is anticipated to grow with the same pace in the upcoming years. Traditional IT infrastructure in the industries like retail, manufacturing, and BFSI are gradually shifting toward automation, which is positively influencing the market growth.

With the adoption of new cloud-based technologies, serverless apps is composed to witness substantial growth during the forecast period. Also, growing investments in digital transformation to eliminate the operational costs is predicted to be a major factor driving the market in Asia Pacific.

Who are the Key Manufacturers and Suppliers of Severless Apps?

Some of the leading players of severless apps market are

Amazon Web Services Inc.
CA Technologies
Alibaba Cloud
Dynatrace
Galactic Fog IP Inc.
Fiorano Software Inc.
Google LLC
Joyent Inc.
IBM Corporation
Microsoft Corporation
Manjrasoft Pty Ltd.
ModuBiz Ltd.
Oracle Corporation
Realm
Platform9 Systems
Rackspace Inc. Snyk Ltd.
StdLib
TIBCO Software Inc.
SixSq
Tarams Technologies
NTT Data
Twistlock.

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Severless Apps 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.

Key Segments

By Services:

Automation & Integration
API Management
Monitoring
Security
Support and Maintenance
Training and Consulting
Others

By Enterprise Size:

Large Enterprise
SME

By End-User:

BFSI
Government & Public
Healthcare & Life Sciences
Manufacturing
Media & Entertainment
Retail & Ecommerce
Telecom & IT
Others

By Region:

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

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MFTPaaS Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2031

The MFTPaaS market is expected to grow by more than 16.8% CAGR in the next five years. MFTPaaS enables cloud-based sharing of information among businesses which helps to transfer files between multiple enterprises or inside an enterprise.

According to latest research by Future Market Insights, MFTPaaS market is set to witness higher growth during 2021-2031. The market will show highest growth in coming years, owing to increasing adoption of cloud computing services and adoption & innovations in advanced technologies. Moreover, security of information and increasing cyber-attacks is expected to hamper the growth of the MFTPaaS market.

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What is Driving Demand for MFTPaaS Market?

Growing need for adoption of cloud computing services and adoption & innovations in advanced technologies in recent years fuels the growth of the MFTPaaS market. Majority of enterprises adopts innovative enterprise applications for business/information transformation and enterprises also uses advanced data transfer technologies which helps them to secure enterprise data.

It fuels the demand for the MFTPaaS market. Also increasing demand for the advanced technologies such as big data, IoT, penetration of digital technologies is expected to drive the demand for the MFTPaaS market.

Increasing need for Secure File Transfer is Driving the Adoption of MFTPaaS Market

The enterprises need secure file transfer such as share solutions and enterprise file sync with security, integration, compliance. But along with the cloud computing technology the risk of data breach gas been increased. As well as sophistication in cyber-attacks also fuels the demand for the highly secure data transfer channels/platform for enterprises.

MFTPaaS provides highly secure data transfer channels/platform for enterprises/SMEs and helps to address security vulnerabilities associated with HTTP systems and old FTP. Thus increasing need for secure file transfer owing to increasing number of cyber-attacks is expected to drive the demand for the MFTPaaS market.

Who are the Major Vendors of MFTPaaS Market?

Some of the leading vendors and companies of MFTPaaS market include

IBM Corporation
CA Technologies
Oracle Corporation
Axway Software
Citrix ShareFile
Accellion
Software AG
Wipro Ltd.
Coviant Software
Saison Information System
Tibco Software among others.

These key vendors have adopted various organic/inorganic strategies, to increase customer base at global market. They spends millions of dollars into product research and development to carry off the needs of their customers for MFTPaaS market.

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MFTPaaS 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.

Key Segments

By Service Type:

System-centric File Transfer
People-centric File Transfer
Extreme File Transfer

Industry:

Government
BFSI
Retail
Manufacturing
Energy & Utility
IT & Telecommunication
Others

By Region:

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

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