Smart Meter Market 2022 Research Report: Overview With Geographical Segmentation By Revenue With Forecast 2032

On a global scale, many countries are facing challenges to meet the growing demand for energy. Thus utilities are looking for innovative and efficient ways to manage generation, transmission and worldwide distribution of energy. Global smart meter market consists of digital electronic devices for measuring and two-way information sharing to manage and control power consumption by customers. Customers also have the advantage of tracking their energy consumption and billing through internet.

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Global smart meter market demand is more in residential areas as compared to commercial areas and electric smart meter is prominently used among the types of smart meters. Environmental concerns for reducing carbon and energy wastage and for regulating supply of energy, are major factors driving global smart meter market. Global smart meter market is anticipated to grow with a single digit compound annual growth rate during the forecast period.

Smart Meter Market: Drivers & Restraints

The major driving factor for the growth of global smart meter market is government support and incentives, as utilities are initially reluctant to make huge investment in new technology without their support. Technological advancements such as smart grid development, infrastructure development, growing population and rise in economic developments are some of the other factors boosting the growth of global smart meter market. The successful deployment of global smart meter market is dependent on logistics which influences the delivery, installation and performance of smart meter. The health effects concerning wireless signals in smart meter, security concerns, regulatory constraints and stiff competition are some of the challenges faced by global smart meter market.

Smart Meter Market: Region-wise Outlook

Global smart meter market is expected to exhibit healthy growth in Asia-Pacific and Western Europe regions which is either due to increasing installation of new smart meters as well as upgradation of the existing smart meters. China is expected to display substantial progress of global smart meter market, as incorporated in its five-year nationwide plan to upgrade its grid infrastructure. In Japan, large scale installation by Tokyo Electric Power Company (TEPCO) started on 2014 which is expected to last during the forecast period leading to increase in demand for global smart meter market. In North, America, the growth of global smart meter market is expected to slower down as infrastructure for energy is well developed and funding for the new projects has become limited. In Latin America, global smart meter is set to exhibit steady growth of global smart meter market, as compared to Middle East and Africa.

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Smart Meter Market: Key Players

Some of the key players in global smart meter market are: Aclara Technologies LLC., Echelon Corporation, Elster Group GmbH, General Electric, Holley Metering Limited, Iskraemeco d.d., Itron, Kamstrup A/S, Landis+Gyr and Sensus.

The research report presents a comprehensive assessment of the 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 market segments such as geographies and End Use industries.

The report covers exhaustive analysis on:

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

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

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

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Smart Meter Market: Segmentation

On the basis of product type, global smart meter market can be segmented into following segments:

  • Smart electric meter
  • Smart gas meter
  • Smart water meter

On the basis of application, global smart meter market can be segmented into:

  • Residential application
  • Commercial application

On the basis of technology, global smart meter market can be segmented into:

  • Radio Frequency (RF)
  • Power Line Carrier (PLC)

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

Stone Crushing Equipment Market (2022-2032) | Where Should Participant Focus To Gain Maximum ROI | Exclusive Report By Future Market Insight

A stone crushing equipment is used to reduce the size, or to change the shape of the raw material mix by breaking down the stones into small pieces, so that they are easily differentiated for the desired end use. The crushing equipments are made up of metal surfaces which are capable of compressing all varieties of material, such as stones, quartzite, rocks, coke, iron, and many others. The crushing equipments operate by applying compressive strength to the material and crushing it by means of collision between the machine and the materials.

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The stone crushing machines finds use in a variety of fields such as building materials, mining, metallurgy, highways,  chemistry, and railways etc. Based on the requirement put forth by the type of construction activity such as highways, roads, canals, buildings, and bridges etc., the stone crushing equipments can produce various sizes of crushed stone. With the current growth rate of global urbanization, the stone crushing equipment market is anticipated to witness a surge in demand for crushers applied in construction of infrastructure and other activities. `

The stone crushing equipments are required to be located close to the demand centers such as cities, canals, and bridges, etc. as the hauling of the crushed stone over long distances sums up to the cost of the final product. Stone Crushing equipments also demand a heavy electricity supply and a large manpower for operation and also requires access roads for the movement of crushed stone products. Owing to these reasons, most stone crushing equipments are located in the vicinity of major construction projects or along the periphery of the cities.

Global Stone Crushing Equipment Market: Segmentation

Global stone crushing equipments market is segmented into types, application, and region. The global stone crushing equipment market is segmented on the basis of types as: Jaw crusher, cone crusher, impact crusher, and others.

On the basis of end use industry, the global stone crushing equipment market is segmented into: mining, quarrying, recycling, and others

Region wise, the global stone crushing equipment market is segmented into: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific (APEJ), Japan, and MEA.

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Global Stone Crushing Equipment Market: Drivers and Restraints

Owing to the continuous development of the construction industry all over the world, the inland as well as the marine reserves of natural sand and stone are gradually depleting. This has led to an increased attention on the artificial stone and sand manufacturing industry. This in turn has fueled the demand for crushing equipments globally.

The increasing per capita GDP and the increasing construction spending are another major drivers for the growth of the global stone crushing equipment market

Introduction of new technologies such as mobile crushers are also driving the growth of the global stone crushing equipment market The rising prices of the crushing equipments all over the world proves to be a restraint to the growth of the global stone crushing equipment market

Global Stone Crushing Equipment Market: Key Players

Some of the major players identified in the global stone crushing equipment market are Metso Oyj, Sandvik AB, Terex Corporation, Caterpillar Inc., Komatsu Ltd., Joy Global Inc., BUCY International, and CNH Global N.V., etc.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size, 2012 – 2014
  • Market Size & Forecast 2015 to 2025
  • Supply & Demand Value Chain
  • Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Market Drivers and Restraints

Regional analysis for Passive Infrared Sensor Market includes

  • North America
    • US & Canada
  • Latin America
    • Brazil, Argentina & Others
  • Western Europe
    • EU5 Countries
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

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

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Stone Crushing Fquipment 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

Microfluidics Market value US$ 6.8 Billion in 2022 and is expected to reach US$ 17.8 Billion by 2031

[183 Pages Report] Applications of microfluidics in drug delivery and diagnostics will continue to fuel the market for microfluidics over the next few years. “The US$ 2.9 Bn microfluidics market will possibly cross US$ 11 Bn by the end of 2026. North America is expected to contribute over US$ 3 Bn to the total revenues in 2026. The collective share of North America and Asia Pacific will be over 40%,” states Future Market Insights in a recently published market report outlook, titled “Microfluidics Market: Global Industry Analysis and Opportunity Assessment, 2016-2026.”

he report by Future Market Insights analyses the global market for microfluidics over a 10-year forecast period, 2016-2026. The market is likely to witness a robust CAGR of 14.4% over the assessed period.

Key Insights: Market Dynamics

  • Increasing discretionary funding from national labs for R&D in the developed regions will remain a primary factor driving the growth of market through 2026.
  • Improving healthcare infrastructure and wide availability of affordable microfluidic devices or kits are also foreseen to boost the market growth in near future, especially in developing countries.
  • Expansion of drug delivery sector will favour the market growth in near future.
  • Consistent advancements in the fields of genomics and proteomics are also expected to benefit the sales of microfluidics-based devices and kits.
  • Dynamic collaborations between key market players and active involvement of government entities will collectively foster the market through 2026.

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Key Insights: Segments

Ceramics will remain dominant material type

Based on material, ceramics will continue to be the most sought after material for microfluidic device or kit manufacturing. Ceramics segment is expected to remain dominance, accounting for over 42% market value share in 2026, followed by glass, polymer, and silicon. While ceramics is likely to witness the fastest growth, polymer segment is anticipated to exhibit a significant CAGR of over 15% over 2016-2026, driven by PVC.

POCT will be dominant application segment

By application, POCT (point of care testing) segment is projected to retain dominance through 2026, accounting for over 33% share in terms of revenues. Clinical diagnostics and analytical testing will remain the next major segments in the global microfluidics market.

In-vitro diagnostics industry will hold maximum revenue share

On the basis of industry, in-vitro diagnostics, life science research, and pharmaceuticals are likely to be the key segments. In-vitro diagnostics segment is estimated to hold a share of over 35% in the total market revenues. The fastest growing segment will be in-vitro diagnosis.

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APEJ will be the most lucrative regional market

Geographically, North America, followed by Western Europe are expected to remain the dominant regions for microfluidics, capturing respective market value share of over 26% and over 21% share by 2026 end. Asia Pacific (excluding Japan) will possibly represent the most lucrative market, expanding at a significant CAGR of over 14% throughout the forecast period. This growth is attributed to growing use of microfluidics devices and kits for in-vitro diagnostics. North America and Western Europe will also exhibit significant growth rates over 2016-2026.

Key Insights: Leading Market Players

Some of the most prominent players in the global microfluidics market, include Agilent Technologies, PerkinElmer Inc., Thermo Fisher Scientific Inc., Qiagen NV, Bio-Rad Laboratories, Inc., Fluidigm Corporation, Abbott Laboratories, and F. Hoffmann-La Roche Ltd.

Almost all the leading companies serve point of care testing application and survive the competition with an individual differentiating strategy. Thermo Fisher Scientific Inc. and Abbott Laboratories, through active engagement in agreements and collaborations with leading regional companies, highlight a growing trend of strategic mergers and acquisitions among the top companies.

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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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Automated CPR Devices Market is slated to grow at approximately 13% CAGR during the forecast period of 2021 to 2031

The demand for automated CPR devices has been increasing significantly with rising prevalence of sudden cardiac arrest across the globe, according to ESOMAR-certified Future Market Insights’ (FMI) latest research report. As per the study, the global automated CPR devices market is slated to grow at approximately 13% CAGR throughout the forecast period from 2021 to 2031.

Major progress has been witnessed with 3D automatic CPR devices, especially when normal CPR device coupled with torso restraints providing vertical compression and high quality resuscitation.

Automated CPR devices experienced a surge in demand during the Covid-19 pandemic. COVID-19 infected heart patients were more susceptible to cardiac arrest in comparison with non infected patients. With rapid mutation of virus, the patients were facing higher risk of cardiac arrest.

The market is anticipated to grow significantly over the forthcoming decade, as majority of coronary and intensive care units are inclining towards automated CPR devices for its high effectiveness.

 “Rising consumer awareness regarding benefits of CPR devices and increasing adoption in EMT services will amplify sales of automated CPR devices during the forecast period,” says the FMI analyst.

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automated cpr devices market key region and compressor type analysis, 2021-2031

Key Takeaways from FMI’s Automated CPR Devices Market Study

  • Presence of modern healthcare infrastructure and high per capita income will bolster demand across the U.S.
  • The U.K is expected to offer growth opportunities as governments and private organizations are working towards spreading awareness regarding dangers of cardiovascular diseases.
  • Rising prevalence of obesity and high blood pressure which are precursor to cardiac arrest will increase automated CPR devices adoption across France.
  • China will offer lucrative opportunities owing to increasing alcohol and tobacco consumption and developing healthcare infrastructure.
  • India is expected to exhibit impressive market growth owing to increase in geriatric population and growing incidence of sudden cardiac arrest in the country.

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Competitive Landscape

Automated CPR market is highly consolidated owing to presence of regional and global market players. Key market players in automated CPR devices market are focusing towards employing inorganic market strategies to expand their global foothold.

Inorganic strategies include strategic merger and acquisition and forming an alliance with regional distributors to strengthen their supply chain channels.

They are also emphasizing towards faster product approvals, product development and patenting. New market entrants are focusing on new product launches to establish their market presence.

For instance, Michigan Instruments launched hand-free automatic CPR device which is light weight, portable and helps in smooth transition from manual CPR to automated compressions.

ZOLL Medical Corporation introduced a new automated CPR devices system “Autopulse” which assists EMS personnel in providing high quality chest compressions in cramped spaces and steep down stairwells.

Prominent players operating in the automated CPR devices market are SunLife Science Inc., ZOLL Medical Corporation, Michigan Instruments, Physio Control Inc., Brunswick Biomedical Technologies, Zhuhai Kindway Medical Science & Technology Co. Ltd, CPR Medical Devices Inc., and Medtronic Inc.

In its latest report, FMI offers an unbiased analysis of the global automated CPR devices market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of power source (pneumatically driven CPR devices, battery driven CPR devices, and mechanically actuated and battery driven CPR device), device type (piston devices, load distribution devices, and 3D compression devices) and end user for (Ems, hospitals, ambulances, coronary & intensive care units, cardiac catheterization labs, air med-evac units, and EMT rescue units) across North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa.

Key Segments Covered

By Power Source

  • Pneumatically Driven CPR Devices
  • Battery Driven CPR Devices
  • Mechanically Actuated And Battery Driven CPR Device

By Device Type

  • Piston Devices
  • Load Distribution Devices
  • 3D Compression Devices

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By End User

  • EMS
  • Hospitals
  • Ambulances
  • Coronary & Intensive Care Units
  • Cardiac Catheterization Labs
  • Air Med-Evac Units
  • EMT Rescue Units
  • Others

Region

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

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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Balloon Catheter Market is projected to reach US$ 55.99 Billion by the end of 2031

[263 Pages Report] According to a recent study by Future Market Insights (FMI), the global balloon catheter market is expected to witness high growth during the forecast period. Sales are expected to reach US$ 5.11 Bn by the end of 2031. This reflects a cumulative CAGR of around 4.0% over the forecast period (2021-2031).

Drug eluting balloons are playing an important role by facilitating the push mechanism, through the drug treatment. Excipient coated balloons offer a high efficacy and viability for the transfer of the drug.

Development in such technologies is increasing the use of balloon catheters, boosting the market. Hence, to gain competitive edge, key players are developing advanced drug eluting balloon.

Subsequently, these companies are getting approvals from the governments to commercially manufacture these balloons. This is expected to bode well for the growth in the market.

Furthermore, due to prolonged stay at the hospital in angioplasty procedures, preference for the same is decreasing among patients with coronary artery disease (CAD). Hence, with attributes such as minimal invasion of drug eluting balloon catheters, demand is increasing among CAD patients.

Hence, efforts are being taken by public authorities, NGO’s, and government to spread awareness regarding the positive benefits of balloon catheters. For instance, campaigns such as “Spread the Word Campaign”, educating women on CAD and its treatments solutions by Healthy Women and National Association for Nurse Practitioners.

A slew of such activities are expected to increase the demand for balloon catheters over the forecast period.

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Key Takeaways

  • By product, normal balloon catheter holds the maximum share of 43.9% in 2021, expanding at 0.8% CAGR during the forecast period.
  • By indication, coronary artery disease is anticipated to account for nearly 71.5% market share in terms of value due to the high prevalence of coronary artery diseases across the globe
  • By raw material, the nylon segment holds 46.3% of the market share, registering 4.0% CAGR  in 2021
  • Polyurethane catheters are expected to hold second-largest share, contributing 34% of overall sales in 2021.
  • By end user, the hospital segment will account for 70.5% of the market share in 2021 due to the availability of advanced technology and need for minimally invasive surgical procedures.
  • By region, North America held the largest share of 31.7% in the global Balloon Catheter market in 2021.

“Rising incidence of cardiovascular and peripheral artery diseases, growing preference for minimally invasive surgeries, and increasing number of stenting and angioplasty procedures are expected to drive the demand for balloon catheters over the decade,” says the FMI Analyst

Who is winning?Some of the leading manufacturers of balloon catheters market are focusing on product launches for expansion of their product portfolio. They are also aiming for strategic mergers and partnerships, thereby, strengthening their global presence.

  • In January 2021, Shanghai MicroPort Medical (Group) Co., Ltd. received official license from the Taiwan Ministry of Health and Welfare (MOHW) for its proprietary coronary balloon dilatation catheter, Firefighter™ NC. This new technology will help in dilatation of the stenosed coronary tracts and improve myocardial perfusion.
  • MicroPort Scientific Corporation, on 8 June 2021, introduced trademark Cardiac Cryoablation System known as IceMagic consisting of cryoablation device, cryoballoon catheters, a disposable cardiac mapping catheter. The company with innovative use of cryogenic technology aims to make their entrance into the foreign market outside of China in the treatment of atrial fibrillation.

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Want more insights?Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2031. The global balloon catheters market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights into balloon catheters. The balloon catheters market is segmented on the basis of product (normal balloon catheter, cutting balloon catheter, scoring balloon catheter, drug eluting balloon catheter, stent graft balloon catheter), raw material (polyurethane, nylon, others), indication (coronary artery disease, peripheral vascular disease), and end user (hospitals(private hospitals, public hospitals), ambulatory surgical centers, cardiac catheterization laboratories) across seven major regions.

Balloon Catheter by CategoryBy Product:

  • Normal Balloon Catheter
  • Cutting Balloon Catheter
  • Scoring Balloon Catheter
  • Drug Eluting Balloon Catheter
  • Stent Graft Balloon Catheter

By Raw Material:

  • Polyurethane
  • Nylon
  • Others

By Indication:

  • Coronary Artery Disease
  • Peripheral Vascular Disease

By End User:

  • Hospitals
    • Private Hospitals
    • Public Hospitals
  • Ambulatory Surgical Centers
  • Cardiac Catheterization Laboratories

By Region:

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

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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.

Contact Us:
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Advanced Wound Management Market is likely to augment growth, facilitating expansion at approximately 6.5% over the Forecast period 2021 – 2031

Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Exhaustive Analysis on Key Factors Burgeoning the Sales in the Global Advanced Wound Management Market over the Assessment Period (2021-2031)

Future Market Insight’s (FMI’s) latest study published on the Advanced Wound Management market provide insights into key factors uplifting the sales over the next ten years. It provides unbiased analysis on key trends, drivers, and opportunities across key segments, the report also provides strategic analysis on the incumbents, existing players, and leading players operating in the Advanced Wound Management market.

As per comprehensive research conducted by ESOMAR-certified consulting firm FMI, the global Advanced Wound Management market is projected to witness robust growth during the forecast year 2021-2031. The report emphasizes on providing key insights into diverse features including demand, product developments, revenue generation, and sales in the Advanced Wound Management market.

The study offers a detailed analysis of dynamics including driver, restraints, opportunities, and challenges, and also highlights their consequent impact on the market.

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advanced wound management market sector region wise plc position and notable trends 2021-2031

Advent of Telehealth and Virtual Care to Create Tailwind for the Advanced Wound Management Market Growth

Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.

During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.

Since the outbreak, telehealth have gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Advanced Wound Management market.

Key Advanced Wound Management Market Takeaways and Projections

The U.S. is estimated to continue dominating the North America market, projecting fastest growth in the region through 2031.
Germany Advanced Wound Management market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2021 and 2031.
China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.

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Report Benefits & Key Questions Answered

Advanced Wound Management Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Advanced Wound Management market. It also studies the impact of these dynamics on the market for the previous assessment period 2016-2020 to forecast the scope of market growth over the coming forecast period 2021-2031.
Advanced Wound Management Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Advanced Wound Management market. As per the survey, Advanced Wound Management sales will project steady growth over the forecast period.

Advanced Wound Management  Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Advanced Wound Management market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
Advanced Wound Management Category & Segment Level Analysis: FMI’s category & segment level analysis provides insights into key factors affecting the market growth across various segments in terms of (segment 1), (segment 2), and (segment 3). It also uncovers critical opportunities across each segment to assist key players to capitalize on the,
Advanced Wound Management Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.

Competitive Landscape Analysis

The latest study conducted by FMI provides in-depth insights into the global Advanced Wound Management market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Advanced Wound Management market.

Some of the prominent market players are profiled by FMI
B. Braun Melsungen AG
Mölnlycke Health Care
ConvaTec Group plc
Coloplast A/S, SIGVARIS
Acelity L.P. Inc.
3M
BSN Medical
Ethicon Inc.
Medline Industries, Inc.
Smith & Nephew PLC.

Advanced Wound Management Demand Analysis by Category
By Product Type:

Advanced wound dressings
Alginates
Collagens
Films
Foams
Hydrocolloids
Hydrofibers
Hydrogels
Wound contact layers
Superabsorbent dressings
Negative pressure wound therapy devices
Standalone NPWT devices
Portable NPWT devices
Single-use disposable NPWT devices
NPWT accessories

By Application Type:

Chronic ulcers
Venous leg ulcers
Diabetic foot ulcers
Pressure ulcers
Non-healing surgical wounds
Traumatic wounds
Burn cases

By End-User Type:

Hospitals
Clinics
Ambulatory surgical centers
Skilled nursing facilities

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Region

North America
Europe
East Asia
South Asia
Oceania
Middle East and Africa

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Meningococcal Vaccines Market to reaching a total of around US$ 6 Billion by 2028.

[236 Pages Report]  The global Meningococcal Vaccines Market is forecast to surpass US$ 3.66 Bn in 2022. With rising prevalence of meningococcal disease worldwide, the overall sales of meningococcal vaccines are slated to rise at a healthy CAGR of 8.6% between 2022 and 2028, reaching a total of around US$ 6 Bn by 2028.

Partnerships between the private sector and public institutions have been the chief agenda of global public health initiatives.

The last few years have witnessed an increase in several private-public partnerships specifically focussing on vaccine provision in developing countries. Partnerships like the International Coordinating Group on Vaccine Provision for Epidemic Meningitis Control (ICG) help magnify the vaccine outreach to remote areas of the world with the maximum need.

The governments of several countries across the globe initiate immunisation programmes periodically and these programmes are backed by global organisations such as UNICEF and WHO and private not for profits like the Global Alliance for Vaccines and Immunization (GAVI).

A classic example of how private-public partnerships are helping boost vaccination programmes across deep regional pockets is Brazil.

In 2010, Ezequiel Dias Foundation, Brazil formed a strategic alliance with Novartis Vaccines & Diagnostics for the sustainable supply of Menjugate MenC vaccines for Brazil’s National Immunization Program. By 2015, Brazil became self-sufficient in the production of the meningococcal C conjugated vaccine for the country’s public vaccination programmes. Such initiatives at the global level are anticipated to support global immunisation goals and at the same time boost growth of the meningococcal vaccines market.

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meningococcal vaccines market

GlaxoSmithKline to Lead the Global Meningococcal Vaccines Market with About 50% Market Share Recorded in 2017

The global meningococcal vaccines market is highly consolidated, with GlaxoSmithKline and Sanofi together holding about 80% of the global market share in 2017. Pfizer is the third largest company in this market with just under 12% market share in 2017.

Companies are expanding their production capacities through the acquisition of established vaccines production units of other global or local companies.

Sanofi has a huge pipeline of 17 active meningococcal vaccines programmes and is targeting emerging markets; while GlaxoSmithKline has 5 active pipeline programmes for meningococcal vaccines, all of which are in the phase II clinical stage. Addition of the vaccine Bexsero has enabled GlaxoSmithKline to defend its brand against Sanofi’s aggressive portfolio in the paediatric vaccines space.

Factors Leading to Worldwide Adoption of Meningococcal Vaccination Programmes

The global meningococcal vaccines market is expected to be driven by enhanced access to vaccines in low and middle-income countries, growing investments by manufacturers and governments to cope with pandemic meningitis outbreaks, and rapidly growing consumption of meningococcal vaccines bolstered by immunisation alliances and mass vaccination campaigns among others.

Partnerships and alliances between manufacturers and governmental healthcare organisations are facilitating the speedy introduction of vaccines in some of the economically challenged countries of the Middle East and Africa region. Enhanced access to vaccines in under-penetrated global markets is expected to accelerate revenue growth of the global meningococcal vaccines market.

Approval of new vaccines in the U.S and Europe in 2015 and 2017 to treat meningococcal meningitis has revolutionised the global immunisation landscape. This is further boosting the growth trajectory of the global market for meningococcal vaccines.

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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
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• 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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Lactose Free Dairy Products Market 2022 | Present Scenario and Growth Prospects 2027

The global lactose free dairy products market is primarily characterised by the presence of a large number of regional and multinational companies. According to a recently published report by Future Market Insights titled “Lactose Free Dairy Products Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2019-2027),” the global lactose free dairy products market is estimated to reach a valuation of US$ 17,809.4 Mn by the end of 2027. Sales revenue is expected to increase at a CAGR of 5.3% during the forecast period 2019 – 2027.

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Global Lactose Free Dairy Products Market: Drivers

  • Rise in organic food and beverage consumption is driving the lactose free dairy products market
  • Mature market for lactose free dairy products and a well aware consumer base is anticipated to boost the growth of new offerings of lactose free dairy products
  • Prevalence of lactose intolerance in the Latino population is driving consumers towards lactose free solutions in dairy products
  • Improving global economics is triggering consumer preference for premium products such as lactose free dairy products
  • High lactose intolerant population in certain regions is expected to create good potential for lactose free dairy products
  • A growing foreign population in the GCC and South African region is expected to drive demand for lactose free dairy products

An increasing global urban population is expected to drive the lactose free milk and other lactose free dairy products market

Global Lactose Free Dairy Products Market: Forecast by Nature

On the basis of nature, the global lactose free dairy products market is segmented into organic and conventional segments. The global lactose free dairy products market is expected to be dominated by the conventional segment over the forecast period owing to its competitive price point. However, in terms of value, the organic segment is anticipated to witness high CAGR growth over the forecast period as a result of increasing demand for organic products across the globe.

Global Lactose Free Dairy Products Market: Forecast by Distribution Channel

On the basis of distribution channel, the global market for lactose free dairy products is segmented into supermarkets/hypermarkets, convenience stores, speciality stores and e-retailers. In terms of volume, the speciality stores segment is expected to witness comparatively low CAGR growth over the forecast period. In terms of value, the e-retailers segment is projected to witness high CAGR growth over the forecast period as a result of the increasing penetration of the internet and adoption of online shopping globally.

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Global Lactose Free Dairy Products Market: Forecast by Form

The form segment comprises semi-solid, liquid, and powder segments. In terms of growth, the liquid segment dominates the global market with a CAGR of 5.5% throughout the projected period. This growth can be attributed to a large volume consumption of whole milk. The semi-solid segment is also expected to perform well over the study period owing to increasing demand for yoghurt and cream based products.

Global Lactose Free Dairy Products Market: Forecast Product Type

On the basis of product type, the global market for lactose free dairy products is segmented into milk, condensed milk, milk powder, yoghurt, ice cream, desserts, butter/cheese, infant formula, processed milk products. The milk segment is anticipated to witness comparatively high growth over the forecast period owing to increased demand in the global market.

Global Lactose Free Dairy Products Market: Forecast by Region

In a majority of the developed as well as developing countries, increased per capita spending on dairy products is expected to drive revenue growth of lactates and related ingredients. This growing demand for milk and milk products offers significant growth opportunities for dairy products manufacturers. This is boosting the consumption and sales of lactose free dairy products across various regional markets.

FREQUENTLY ASKED QUESTIONS ABOUT LACTOSE FREE DAIRY PRODUCTS MARKET

What drives the lactose free dairy products market?

The global lactose free dairy products market is primarily driven by the rising prevalence of lactose intolerance around the world. In addition to this, the increasing demand for healthier alternatives to milk will enable the market grow considerably in the coming years.

What are the key witnessed in the lactose free dairy products market?

Speaking about key challenges witnessed, taste has remained a constant cause of concern among consumers. Lactose free dairy products can have an undesirable taste because of arylsulfatase present in them. This could hamper the market’s growth potential to an extent.

Which region will lead the global sales of lactose free dairy products?

Europe currently leads the global lactose free dairy products market.

Which segment based on product leads the lactose free dairy products market?

In terms of product type, yoghurt currently witnesses the highest demand. In the coming years, the milk segment as well is likely to witness a high demand.

Which segment based on distribution channel will record the highest growth?

In terms of volume, e-retailers are likely to witness considerably high rate of growth in the coming years among distribution channels.

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Chickpea Flour Market 2022 Development Status, Competition Analysis, Type and Application 2032

Market research by Future Market Insights (FMI) shows that the Chickpea Flour Market generated sales of nearly USD 4.15 billion in 2022.

The market is likely to grow at a CAGR of 4.8% CAGR through 2032 with a projection value of USD 6.7 billion. In 2021, the APEJ region held the largest market share for the chickpea flour market. By 2032, this region will hold a market of USD 3 billion. The US chickpea flour market is estimated at around USD 1.1 bn in 2021. Chickpea flour has recently gained popularity as gluten-free flour.

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Chickpea flour is produced by grinding whole and dried chickpeas. Chickpeas predominantly grow in tropical and sub-tropical regions. Chickpea flour is prominently utilized in Indian cuisine while for cooking and baking.  Chickpea is a staple ingredient in Southern Europe and South Asia. It comes in the pulses category and is known for being a cholesterol-free source of protein and fiber.

chickpea flour market

Chickpea flour is also a rich source of vitamins and minerals, and significantly boosts the intake of manganese and folate. Desi form of chickpea flour dominates the chickpea flour market currently and is estimated to hold USD 4.1 billion market share by 2032.

Key Highlights On The Global Market For Chickpea Flour

The global market for chickpea flour is segmented on the basis of distribution channel, product type, application, and region. By distribution channel, the market is further segmented into Departmental Store, Convenience Store, Online Store, Modern Trade, Food Chain Services, and Other Distribution Channels.

Food chain services are likely to emerge as the largest distribution channel for chickpea flour. By 2026 end, food chain services as a distributor of chickpea flour is estimated to bring in nearly US$ 1,600 million revenue.

Based on the product type, market segmentation includes kabuli and desi chickpea flour. Among these two products, desi chickpea flour is expected to witness significant growth as compared to the kabuli chickpea flour. Desi chickpea flour is estimated to exceed US$ 3,200 million revenue by the end of 2026.

By application, the segments include dairy products, beverages, bakery and confectionery, animal feed, extruded products, and other applications. Among these, chickpea flour is estimated to find the largest application in bakery and confectionery. Towards the end of the forecast period, bakery and confectionery is projected to generate revenue exceeding US$ 2,400 million revenue.

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Based on the region, Asia Pacific Excluding Japan (APEJ) is expected to register the highest growth in terms of value throughout the forecast period 2022-2032. APEJ is estimated to exceed US$ 2,400 million revenue by the end of 2026. Chickpea flour is used on a large basis in Indian cuisines, especially in sweet desserts, snacks and various other dishes.

Also, high cultivation of chickpea in the region is contributing to the growth of the chickpea flour market. Meanwhile, North America followed by Europe are also anticipated to witness substantial growth in the coming years. Changing eating habits and rising health consciousness among people is driving the market growth in the region.

Competitive Landscape

Parakh Agro Industries Ltd, Bean Growers Australia, CanMar Grain Products, Best Cooking Pulses, Blue Ribbon, Great Western Grain, Diefenbaker Spice & Pulse, Batory Foods, Anchor Ingredients, The Scoular Company, EHL Limited, SunOpta, ADM, Ingredion, and The Scoular Company, are some of the leading companies in the global market for chickpea flour.

Key Questions Answered in the Report

  • How much is the chickpea flour market currently worth?
  • At what level does the report reflect pricing analysis?

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Pharmaceutical Glass Tube Market: Global Industry Analysis 2012-2016 and Opportunity Assessment; 2016 – 2027

Pharmaceutical Glass Tube Market Overview

Introduction and needs of the product:

Glass is the most widely used packaging material in the pharmaceutical industry. In industry, most of the major packaging products such as bottles, ampoules, vials, syringes, etc. are made of glass material. Pharmaceutical tubing is used by pharmaceutical packaging companies as a raw material for manufacturing primary packaging products. Glass tubes are supplied by major international companies such as Corning, Schott, etc.

There are four types of glass tubes that glass manufacturers supply to packaging manufacturers. Glass Type I is the most used glass type for pharmaceutical glass packaging. Type I glass, also called ‘borosilicate glass’, has excellent chemical stability and high heat resistance against thermal shock and rapid temperature change.

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For protection from sunlight, 2  O  3  , Ti  2  O  3  or MnO can be added to type I glass to produce amber borosilicate glass. Type III glass, also known as ‘soda-lime glass’, is used to produce pharmaceutical bottles that only store solid pharmaceuticals due to its low chemical resistance properties. Pharmaceutical glass tubes play an important role in the manufacturing process of pharmaceutical parent containers.

pharmaceutical glass tube market

Pharmaceutical Glass Tube Market: Market Dynamics

The pharmaceutical glass tubing market is highly integrated with three market players: Corning Pharmaceutical Glass, Schott AG, and Nipro Pharmaceutical Packaging. All of these companies have more than 30% market share in the pharmaceutical glass tube market. Owing to the high growth of demand for pharmaceutical matrix packaging products, the pharmaceutical glass tube market will witness an impressive CAGR of 5%-6% over the next 6-7 years.

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However, it is rarely difficult for new entrants to gain significant market share in the market as a small number of players dominate. Companies with presence in the market plan to invest in developing countries such as China, India, etc. to strengthen their supply chains and serve new customers in the market. Glass is still the widely preferred format for manufacturing packaging containers for pharmaceutical parents. However, while plastic materials are gaining traction in pharmaceutical syringe production, plastic materials still account for less than 20% of the global syringe market.

Glass peeling is a major concern in the pharmaceutical glass packaging market that may reduce demand to some extent in the near future.

The key developments observed in the Pharmaceutical Glass Tubes market are:

  • In November 2017, Schott AG started a new manufacturing facility in China to manufacture ampoules, vials and cartridges made of glass tubes for the domestic pharmaceutical industry.
  • In January 2017, Schott AG integrated a specially developed big data solution in its glass tube manufacturing facility to improve quality standards.
  • In November 2015, Corning Incorporated completed the acquisition of Gerresheimer’s pharmaceutical glass tubing business for $244 million.

Pharmaceutical Glass Tube Market: Market Segmentation:

Pharmaceutical Glass Tube Market 01

Pharmaceutical Glass Tube Market: Regional Overview

On the basis of region, the pharmaceutical glass tube market is segmented into 7 regions including North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Middle East & Africa, and Japan. North America and Europe dominate the pharmaceutical glass tubing market due to the high presence of tubing manufacturers and pharmaceutical companies in the region. Companies such as Schott, Nipro, etc. have a significant market share and a dominant position in the market.

The company’s sales revenue has been observed to increase at a good pace over the past few years, reflecting the high growth of the market. Asia Pacific is the third dominant region for the global pharmaceutical glass tube market. In addition, prominent companies are focusing on investing in developing markets to significantly increase their market share in those regions. MEA and Japan also offer untapped growth potential in the global pharmaceutical glass tube market.

Pharmaceutical Glass Tube Market: Market Players

Key players in the pharmaceutical glass tube market include Schott AG, Nipro Pharma Corporation, Corning Incorporated, Nippon Electric Glass Co., Ltd., Accu-Glass LLC., Richland Glass Co., Inc., Cang Zhou 4-star. Glass Co., Ltd., LINUO Group, DWK Life Sciences GmbH, Puyang New Harmony Industrial Development Co., LTD, Shandong Pharmaceutical Glass Co, Ltd.

Pharmaceutical Glass Tube Market: Market Structure

Pharmaceutical Glass Tube Market Tier 1 Companies:   Schott AG, Nipro Pharma Corporation, Corning Incorporated

Pharmaceutical Glass Tube Market Tier 2 Companies:   Nippon Electric Glass Co., Ltd., DWK Life Sciences GmbH, Shandong Pharmaceutical Glass Co, Ltd.

Pharmaceutical Glass Tube Market Tier 3 Companies:   Accu-Glass LLC., Richland Glass Co., Cang Zhou Four-star Glass Co., Ltd., LINUO Group, Puyang New Harmony Industrial Development Co., LTD.

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The research report includes a comprehensive assessment of the market and includes thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also includes forecasting using appropriate assumptions and methodologies. The research report provides analysis and information according to market segments such as region, application, and industry. The report covers exhaust gas analysis for: 

  • market segment
  • market dynamics
  • market size
  • supply demand
  • Current trends/issues/challenges
  • Competition and Related Companies
  • Technology
  • value chain

Regional analysis includes:

  • North America (USA, Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, UK, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia and New Zealand)
  • Japan
  • Middle East and Africa (GCC countries, South Africa, North Africa)

The report is a compilation of first-hand information by industry analysts, qualitative and quantitative assessments, and input from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors, as well as market attractiveness by segment. The report also maps the qualitative impact of various market factors on market segments and regions.

market segmentation

Pharmaceutical Glass Tubes Market Segmentation: By Material Type

  • Type I (Borosilicate neutral glass mainly used for aqueous solution packaging)
  • Type II (surface-treated borosilicate glass mainly used in acid solution packaging)
  • Type III (soda-lime glass mainly used for packaging of oral solid dosage forms such as tablets and capsules)

Pharmaceutical Glass Tube Market Segmentation by Neck Diameter

  • up to 40mm
  • 40mm to 80mm
  • 80mm to 120mm
  • 120mm or more

Pharmaceutical Glass Tubes Market Segmentation: By Parent End Uses

  • party
  • ample
  • vial
  • syringe
  • cartridge