Russia Viscosupplementation Market is expected to expand at the fastest and highest CAGR of 6.0% over the forecast period

Russia’s healthcare infrastructure will continue witnessing significant rise in number of orthopaedic patients as several bone & joint-related disorders are likely to be caused by people’s eating & drink habits, their proactive lifestyles and the country’s harsh weather conditions. Rising occurrence of joint-related ailments such as knee osteoarthritis in Russia are a result of people performing physical labour in severely cold weather conditions. This has necessitated the adoption of viscosupplementation as an ideal medical procedure for injecting lubricating fluid in bone joints during surgeries. An in-depth analysis of Russia’s viscosupplementation market, conducted by Future Market Insights, projects that demand for three-injection viscosupplementation will gain traction over the next decade.

According to Future Market Insights’ recent report, titled “Viscosupplementation Market: Russia Industry Analysis and Opportunity Assessment, 2016-2026,” nearly 70% of viscosupplementation revenues amassed across Russia in 2016 were accounted by three-injection viscosupplementation. The report estimates that the Russian viscosupplementation market incurred revenues worth over RUB 1.13 billion (US$ 19 million) in 2016. Registering a steady increment at 5.8% CAGR, Russia’s viscosupplementation revenues are expected to reach RUB 2.02 billion (US$ 34 million) by the end of 2026. With higher demand for three-injection viscosupplementation, Russia’s healthcare industry leaders will continue to extend production of three-injection viscosupplementation products as opposed to single injection and five-injection viscosupplementation products.

The report also establishes projections regarding the end-use of viscosupplementation in Russia. Hospitals across the country will account for just above RUB 1.24 billion (US$ 21 million) revenues by the end of projection period. Within this, the demand for viscosupplementation will remain considerably higher in hospitals with capacity of more than 500 beds. End-use of viscosupplementation in Russia’s ambulatory surgical centres (ASCs) will remain nascent, while revenues accounted by orthopaedic clinics are expected to surpass RUB 595 million (US$ 10 million) through 2026.

Top Players in Russia’s Viscosupplementation Market

Top three established players in Russia’s Viscosupplementation market include Hyaltech, Croma-Pharma GmbH and TRB Chemedica. The market is fragmented with small players holding substantial market share. While Hyaltech, Croma-Pharma GmbH and TRB Chemedica collectively dominate with more than half of the country’s viscosupplementation revenues. International players such as Sanofi, Ferring Pharmaceuticals and Fidia Farmaceutici spa have low share as compared to the other players, Anika Therapeutics has recently launched their viscosupplementation product in Russia’s viscosupplementation market.

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The market is divided into two segments based on product type and end use:By Product Type

  • Single Injection Viscosupplementation
  • Three Injection Viscosupplementation
  • Five Injection Viscosupplementation

By End Use

  • Hospitals
    • 500+ Bedded
    • 250-500 Bedded
    • Less Than 250 Bedded
  •  Ambulatory Surgical Centres
  • Orthopaedic Clinics

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Middle East Veterinary Vaccines Market is expected to reach US$ 533.4 Million by 2031

[192 Pages Report] According to a recent study by Future Market Insights (FMI), the Middle East Veterinary Vaccines Market is expected to witness moderate growth during the forecast period. The market is expected to grow from US$ 335.0 Mn in 2021 to over US$ 533.4 Mn by 2031. This reflects a cumulative CAGR of around 4.8% over the forecast period (2021-2031).

The demand for veterinary vaccines has increased over the past few years due to the increasing incidences of foodborne and zoonotic infections amongst the population in the Middle Eastern region. The pattern of veterinary treatment is shifting from curative/reactive to preventive in these countries. The cost of preventive treatment is much smaller and has far fewer side effects than reactive treatments that often lead to mass slaughter.

The rebound of economic prosperity in MEA markets is expected to contribute towards increased demand for processed healthy meat products. This will fuel the demand for effective vaccination of livestock, especially in major animal farming and meat-producing nations in the region with a diversified herd such as Sudan, Turkey, Egypt and KSA.

Rising per capita disposable income levels are largely contributing towards demand for processed food items. This is expected to drive the growth of veterinary vaccines in poultry and livestock segments.

The key players of the veterinary vaccines industry are focusing on finding innovative products to control zoonotic infection rates. Along with this, various advancements in biotechnology are expected to create a favourable platform for the development of various veterinary vaccines in developing markets such as UAE, KSA, Turkey and Jordan. These techniques include next-generation sequencing, synthetic biology and systems biology, among others.

Further, continued investments in multi-disciplinary vaccinology research could improve vaccine development efficiency and shorten time-to-market for upcoming veterinary vaccines.

Key players are working on innovative products, conducting acquisitions, mergers, agreements with other companies to improve their market presence and tap into less competitive emerging markets.

For instance, In September 2018, Boehringer Ingelheim announced that they would be donating 75,000 doses of rabies vaccines to the Global Alliance for the Rabies Control, as an effort of recognition of World Rabies Day on September 28th.

Such developments not only strengthen the company’s existing portfolio but also help to increase their presence at the regional as well as global level, and help companies to sustain the increasing competitive pressure.

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Key Takeaways from Middle East Veterinary Vaccines Study

  • The attenuated live vaccines accounted for 35.1% share of the total market of veterinary vaccines in the Middle East in 2021. The demand for attenuated live vaccines is expected to grow at a CAGR of 5.8% over the forecast period. By triggering a wide spectrum of immune responses, attenuated vaccines can deliver better immunity than conventional vaccinations.
  • The livestock animals held the maximum share of 73.9% of the total veterinary vaccines market in terms of animal in 2021. Increased demand for processed meat products and making animal health a critical component of disease control is leading to increasing adoption of livestock animal’s vaccination in the Middle Eastern region.
  • The foot and mouth disease accounted for more than 27% of the market share of the Middle East veterinary vaccines market in 2021. Foot and mouth disease is the most commonly occurring disease amongst all the animals. This segment is expected to project a cumulative CAGR of 5.6% over the forecast period.
  • The private veterinary pharmacies registered sales worth U.S. $ 114.6 Mn during the year 2021 and are expected to project a cumulative CAGR of 5.0% over the forecast period. Increased awareness regarding animal vaccinations, rising incidences of foot and mouth disease and high demand for good quality processed meat are some of the factors contributing to the growth of private veterinary pharmacies in the Middle East.

Who is winning?The key manufacturers of the veterinary vaccines market are adopting strategies such as partnership strategies for global expansion and improving their hold over the global market.

  • In January 2021, Merck Animal Health announced the acquisition of Poultry Sense Ltd, which provides health and environmental monitoring solutions for the poultry industry.
  • In September 2019, Ceva, in partnership with Biotecon diagnostics, announced the launch of their latest product, a real-time diagnostic kit that will help the poultry producers to fight salmonella infections in their farms.

The key market players of the Middle East veterinary vaccines market include JOVA, Bioveta, Inc., Intervac Pvt. Ltd., Zoetis, Elanco, Merial, Merck & Co. Inc, Bayer Pharma AG, Ceva and Boehringer Ingelheim.

Middle East Veterinary Vaccines, by CategoryVaccine:

  • Attenuated Live Vaccines
  • Inactivated Vaccines
  • Toxoid Vaccines
  • DNA Vaccines
  • Recombinant Vaccines
  • Others

Animal:

  • Companion Animals
    • Canine
    • Avian
    • Feline
  • Livestock Animals
    • Aquatic
    • Bovine
    • Porcine
    • Small Ruminant
    • Poultry
  • Equine

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Disease Indication:

  • Foot and Mouth Disease
  • Newcastle Disease
  • PPRS
  • Canine Parvovirus
  • Brucellosis
  • Avian Influenza
  • Others

End-User

  • Hospital Pharmacies
  • Veterinary Clinics
  • Private Veterinary Pharmacies
  • Others

North America Medical Carts Market will expand at 11.2% CAGR through 2027 to bring in US$ 1,720.8 Million in revenues

The need for streamlining workflow has necessitated the integration of information technology (IT) solutions in healthcare settings. Medical carts manufactured by companies are presently serving the essential purpose of aiding nursing operations in medical facilities. The robust healthcare infrastructure in the US will demand the adoption of advanced medical carts that not only dispense medical instruments & supplies, but also have integrated IT systems. In the years to come, the demand for medical carts in North America will witness steadfast inclination towards IT-integrated medical carts.

According to Future Market Insights –

North America’s medical carts market is expected to reach US$ 600 Mn value by 2017-end, and will expand at 11.2% CAGR through 2027 to bring in US$ 1,720.8 Mn in revenues.”

Rising focus on point-of-care diagnosis & treatment has led to an increase in the use of mobile computer medical carts. Computer medical carts are used to record and update a patient’s electronic health records (EHR). Increased adoption of Electronic Health Records (EHR) is also observed to be an instrumental factor for growth of North America’s medical carts market. The report, titled “Medical Carts Market – North America Industry Analysis and Opportunity Assessment, 2017-2027,” also projects that manufacturers of medical carts are extending the product line by introducing medical carts with added features. Omnicell, Inc., Herman Miller, Inc., The Harloff Company, Capsa Solutions LLC, Medline Industries, Inc., Armstrong Medical Industries, Inc., AFC Industries, Waterloo Healthcare, TouchPoint Medical, and Ergotron, Inc. are recognised as leading manufacturers of medical carts in North America.

Constructive Prospects for Future of North America’s Medical Carts Market

A lucrative opportunity for such prominent medical device manufacturers towards consolidating their presence in the medical carts market in North America is changing their product line in accordance with shift in technology. Mechanical medical carts are being gradually replaced by new and enhanced technologies such as powered medical devices with battery systems, locking drawers (with negative tilt to facilitate efficient stocking of medication), and automated medicine dispensing systems.

In addition to this, increased focus on acquisitions and collaboration among companies have helped them expand their clinical carts product portfolio and cater to the demand for efficient healthcare systems. This has boosted the need for more effective and advanced medical equipment, devices and procedures. Emerging players must keep in mind that acquisitions over the years have resulted in strengthening the positions of current market leaders.

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Key Highlights of the Report follow,

  • In 2017 and beyond, computer medical carts will remain in great demand, procuring close to 40% of the market’s overall revenues towards the end of 2027
  • North America’s medical carts market is poised to witness dominance of metal as base material, revenues from which will reflect a CAGR of 12.1%
  • Non-powered medical carts will also be top-sellers in the market, while revenues from sales of powered medical carts are anticipated to showcase 12.6% CAGR
  • Hospitals will be the largest end-users of medical carts in North America

The North America medical carts market is divided into the following segmentsBy End User

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centres
  • Diagnostic Centres
  • Others

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • MEA

By Material Type

  • Metal
  • Plastic
  • Wood

By Energy Source

  • Powered
  • Non-Powered (Mechanical)

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By Product Type

  • Emergency Carts
  • Procedure/Treatment Carts
  • Anaesthesia Carts
  • Medical Computer Carts
  • Others

Dental Caries and Endodontic Market is estimated to reach US$ 8,380 in revenue Million by 2027

Market leaders in the global dental caries and endodontic market are actively making acquisitions for expanding their product and services platform. Acquisition of leading regional players by global industries has resulted into consolidation of dental caries industry. The global dental caries and endodontic market is projected to register 5.5% CAGR during the forecast period 2017 to 2027, according to a report by Future Market Insights (FMI). In 2017, the market was evaluated at revenue worth US$ 24,334.5 Mn; by 2027 this number is estimated to surpass US$ 40,000 Mn.

Dental Reconstruction to Remain Dominant Product in the Market

On the basis of product type, dental reconstruction will remain dominant in the market, expanding at 5.8% CAGR through 2027. Crowns sub-segment of dental reconstruction product is estimated to reach US$ 8,380 in revenue Mn by 2027-end. Dental restoration is expected to be the second largest product in the market, with sales anticipated to surpass US$ 7,000 Mn in revenue by 2027-end.

Although specialised dental hospitals will remain the most attractive end-user in the market, dental clinics are expected to witness fastest growth in demand by 2027-end. Revenue generated by specialised dental hospitals is expected to reach US$ 9,334.7 Mn in 2017. Dental clinics are expected to exhibit 6.7% CAGR in the market through 2027.

North America to be Most Attractive Region in Global Dental Caries and Endodontic Market

North America is expected to register the highest CAGR in the global dental caries and endodontic market, to reach revenue worth US$ 17,278.3 Mn by 2027-end. Following North America in terms of CAGR are Asia Pacific Excluding Japan (APEJ) and Latin America. Western Europe is expected to be second largest region for growth of the market. Revenue from market in this region is expected to reach nearly US$ 11,000 Mn by 2027-end.

CAD/CAM technology is being gradually implemented into dentures and implants in North America, improving accuracy of manufacturing and offering output with an increased efficiency. In addition, number of trained dentists for implant placement is growing significantly in this region. Expanding patient volume in this region has driven demand for high-margin dental consumables including dental implants, endodontic, caps and bridges. These factors are expected to drive market growth in North America.

However, factors such as constantly evolving dental care technology attributed to rapid changes in dental care practices and size of local dental care market is making patient decisions complicated. In addition, ban on advertisements of dental products makes it difficult for patients in searching for better products in the market. Such factors are expected to hinder market growth in North America.

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Growth of In-bound Dental Tourism Expected to Propel Market Growth in Western Europe

Increasing awareness about oral health in Western Europe is leading toward increasing per capita dental expenditure, even though public healthcare coverage from dental services is decreasing. Dental tourism is considered to be an imperative sector of the expanding medical tourism industry. In-bound dental tourism is witnessing a rise in Western Europe, These factors are driving market growth in this region. However, uncertainties in European Union’s economic conditions has reduced the number of dental procedures in Western Europe. Moreover, entry of low-cost competitors in European market has compelled manufacturers in lowering the cost of their products. Such factors are expected to restrain growth of the dental caries and endodontic market in Western Europe.

Key players identified in FMI’s report include Dentsply Sirona Inc., 3M Company, Coltene Group, SHOFU Inc., Essential Dental Systems Inc., Danaher Corporation, Zimmer Biomet Dental, Straumann AG, Henry-Schein Inc., Altatec Medizintechnik GmbH & Co. KG, Essential Dental Systems, Inc., O.M.S. SpA, Alpha Dent Implants Ltd, HI-TEC IMPLANTS LTD, Conmet LLC, DiaDent Group International, J. Morita Corporation, IDS Co., Ltd., Shofu Inc., Hiossen Inc.

Global Dental Caries and Endodontic Market TaxonomyRegion

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • MEA

End User

  • Hospitals
  • Clinics
  • Diagnostic Centres
  • Homecare Settings
  • Ambulatory Surgical Centres

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Product Type

  • Dental Restoration
    • Direct Restoration
    • Indirect Restoration
  • Dental Reconstruction
    • Dentures
    • Implants
    • Abutments
    • Crowns
    • Bridges
  • Endodontic
    • Permanent Sealers
    • Files
    • Obturation Devices
    • Others
  • Infection Control

Advance Wound Care Market is poised to expand at a CAGR of 3.7% over the forecast period 2021-2031

[284 Pages Report] According to a recent study by Future Market Insights (FMI), the advance wound care market is expected to grow from US$ 10.7 Bn in 2021 to US$ 15.4 Bn by 2031. The market is poised to expand at a CAGR of 3.7% over the forecast period (2021-2031).

Rising prevalence of chronic wounds has created a significant socioeconomic impact. The treatment of chronic wounds requires advance wound care therapies and generally takes long time to heal. The prevalence of diabetic ulcers is rising by 9% annually.

Growing patient pool for diabetic foot ulcer is increasing as compared to the available advance wound care management technologies. Currently, there are more than 4.5 million pressure ulcer patients in the world that require treatment.

More than 9.7 million venous ulcer patients and roughly 10.0 million diabetic ulcer patients require treatment across the world. Annually, over 5 million chronic leg ulcer cases occur in Brazil, while approximately 2.7 million chronic leg ulcer cases occur in Mexico.

Hence, with rising need for advance wound care products for the treatment of various chronic disorders, adoption within hospitals and ambulatory surgical centers is expected to increase. Thereby, bolstering market growth.

Number of pressure and venous ulcer patients has grown from approx. 7% in developed countries, such as the U.S., Germany, and the U.K., which is further expected to drive the growth of the market for advance wound care products.

Focus on collaboration with surgeons for better wound management, improvement and streamlining of regulatory processes and inter and intra-departmental collaboration between surgeons and their support staff for wound management plays a key role in ensuring better wound management and promotes the growth of the advance wound care market.

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“Increasing prevalence of chronic wounds and growing awareness towards adoption of medical treatment across the globe will propel the market growth over the next ten years,” says the FMI Analyst

 

Key Takeaways from Advance Wound Care Market Study

  • By product, wound cleansers segment is likely to grow at a CAGR of 4.6% in the projected period, occupying a market share around 30% by 2031.
  • By distribution channel, the institutional sales are projected to capture over 70.2% market share of the global advance wound care market by 2031.
  • North America is the largest revenue-generating region for the global advance wound care market, with the U.S. accounting for nearly 90% market share in 2031.
  • China is expected to spearhead the growth in East Asia advance wound care market and is poised to expand at an impressive pace of 7.0% CAGR over the decade.
  • East Asia is the third most lucrative market, acquiring a market share of more than 15%, for the advance wound care market.

Who is Winning?Some of the leading manufacturers of advance wound care market are focusing on product launch and expansion strategies for global expansion objectives, thereby, enhancing their market presence.

  • In June 2021, Mölnlycke started a new surgical glove factory in Malaysia to increase its production capacity. The new surgical glove reduces the risk of allergic contact dermatitis for surgeons and nurses.
  • In Feb 2021, Coloplast A/S launched Biatain® Fiber portfolio to contribute positively to the market’s growth in France and Germany. Technology is an absorbent gelling fiber, for highly exuding wounds, sloughy wounds and cavity wounds including undermining and facilitates autolytic debridement and desloughing which promotes the wound healing process.
  • In June 2021, Ethicon Inc. launched the ENSEAL X1 Curved Jaw Tissue Sealer, a new advance after-surgery wound healer. It’s a   Bipolar energy device increases procedural efficiency and provides stronger sealing of wound.

The key market players covered by FMI include B. Braun Melsungen AG, Mölnlycke Health Care, ConvaTec Group plc, Coloplast A/S, Johnson and Johnson, Medline Industries Inc., 3M, QIAGEN N.V, Essity AB (BSN Medical), Smith and Nephew plc, BOENMED, Hakuzo Medical Asia Co. Ltd.

Advance Wound Care Market by CategoryProduct:

  • Hydrogels Dressings
    • Antimicrobial Hydrogel Dressings
    • Non-Antimicrobial Hydrogel Dressings
  • Semi-Permeable Films Dressings
    • Semi-Permeable Films Dressings
  1. Antimicrobial Bordered Film Dressings
  • Antimicrobial Gels
  • Antimicrobial Powder
  • Concentrated Surfactant
  • Skin Protectants
  • Wound Cleansers
  • Honey Dressings
  • Unna Boots
  • Tapes

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Distribution Channel:

  • Institutional Sales
    • Hospitals
    • Long Term Care Centers
  •  Retail Sales

Region:

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

Wet Wipes Market is growing at a CAGR of over 7.6% during the forecast period (2021-2031)

[250 Pages Report] According to a recent study by Future Market Insights (FMI), the sales of wet wipes are expected to top US$ 3.7 Bn in 2021, growing at a CAGR of over 7.6% during the forecast period (2021-2031).

Increasing health-care related issues and the rising prevalence of infectious diseases and skin-related problems have increased concerns among general population. As a result, awareness with regards to the adoption of personal care and hygiene practices is at all time high.

Regular usage of sanitizer, wet wipes, and tissues for cleanliness and maintaining proper hygiene has positively affected the wet wipes market. With various wet wipes options available in the market, catering to diverse purposes such as incontinence wet wipes- for urinary incontinence, sterile wound cleansing wet wipe- for cleaning wounds, and skin care wet wipe- for regular use; growth prospects for future remains optimistic.

Traditionally, products such as soap, face wash, cleansing milk, and others which are already available in the market have been in use for personal hygiene for generations. But factors such as easy handling, convenience while travelling, achieving cleanliness of hand and face without using water have buoyed consumer inclination in favor of wet wipes.

Companies specializing in wet wipes have been focusing on developing more innovative products such as fragrance- filled wet wipes, environment-friendly, and biodegradable wet wipes and using wood pulp and cotton to avoid harmful effect on sensitive skin.

Government as well as private companies are involved in specialized marketing campaigns to address the need for wet wipes. Furthermore, mergers, acquisitions and collaboration are undertaken by companies to increase the product portfolio as well as reach. All these factors are expected to create demand for wet wipes.

“Steered by changing consumer preference, market players are rethinking sources of materials used for wet wipes manufacturing. Their focus is shifting towards more sustainable and biodegradable options to reduce the burden of wet wipes disposal on the environment. This will present attractive opportunities for growth of the market in the near future,” said a lead FMI analyst.

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Key takeaways from Wet wipes Market study

  • By product, incontinence wipes constitute the most lucrative segment in terms of revenue. The demand for incontinence wipes is expected to increase at a CAGR of over 7% 2021-2031.
  • By disposability, non-flushable wipes segment will hold a revenue share of around 75% in 2021 and is expected to follow the similar growth trend in the future.
  • By application, skin care wipes segment holds the largest share and will continue to dominate this segment in the forecast period.
  • In terms of end user, hospitals are leading the market and are expected to gain more than 25% of revenue share over the forecast period.
  • North America will dominate the global wet wipes market in terms of revenue in 2021, followed by Europe region.
  • India is dominating the South Asia wet wipes market, accounting for nearly 29% of global market share in 2021.
  • China holds leading position in East Asia and is expected to account for nearly 40% of market share.

wet wipes market characterstics and attributes with regional relevance-2021

Who is winning?Some of the leading manufacturers of wet wipes are focusing on innovative product launches, specialized marketing campaigns, mergers, acquisitions and partnership strategies, thereby enhancing their market presence.

  • In February 2018, Procter & Gamble Co. announced the acquisition of Snowberry, a New Zealand-based skincare company which specialized in natural ingredient products.
  • In August 2020, Kimberly-Clark’s brand Pull-Ups launched a product, New Leaf™. Pull-Ups® New Leaf™ is made with plant-based ingredients like sugarcane and fluff pulp, carefully selected and crafted to provide the high level of protection.
  • In February 2018, Stryker completed the acquisition of Entellus Medical, a medical technology company and strengthen Stryker’s personal care product portfolio.

The key market players covered by FMI include Essity Aktiebolag (publ), Kimberly-Clark, Procter & Gamble, Cardinal Health, Medtronic, Stryker, Coloplast, Hindustan Unilever Ltd., Medline Industries Inc., ConvaTec Inc., The Himalaya Drug Company, Domtar Corporation, Johnson & Johnson Private Limited, Hollister Incorporated and Godrej Consumer Products Limited.

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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 2016 to 2031. The global wet wipes 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 on wet wipes segment based on Product (incontinence wipes, Skin Antiseptic wipes, Feminine Hygiene wipes, Skin Care wet wipes and Sterile Wound Cleansing wipes), Disposability (Flushable wipes and Non-Flushable wipes), Application (Incontinence, Skin Care, Personal Hygiene and Wound Care) and End User (Hospitals, Clinics, Speciality Centres, Long Term Care Centres and Homecare settings) across seven major regions.

Wet wipes Market by CategoryProduct

  • Incontinence wipes
    • Baby Wipes
    • Adult Wipes
  • Skin Antiseptic Wipes
  • Feminine Hygiene Wipes
  • Skin Care Wet Wipes
  • Sterile Wound Cleansing Wipes

Disposability

  • Flushable Wipes
  • Non-Flushable Wipes

Application

  • Incontinence
  • Skin care
  • Personal Hygiene
  • Wound Care

End User

  • Hospitals
  • Clinics
  • Speciality Centers
  • Long term care centers
  • Homecare Settings

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Region

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

Insulin Pens Market Key Players – NovoNordisk A/S, Sanofi, Eli Lilly, Diamesco Co., Ltd., BigFoot Biomedical, Inc, Medtronic plc

[200 Pages Report] The incidence of diabetes is rising as poor lifestyle choices remain prevalent across the world. Insulin pens are widey adopted solution for administering treatment to diabetes patients. Considering this, Future Market Insights forecasts Insulin Pens Market to total US$ 30,407 Mn in 2021.

Insulin pens are used by diabetes patients to avoid problems including cardiovascular diseases that may arise from this lifestyle-based ailment. To overcome problems related to conventional methods of insulin administration, insulin pens make the process easier and faster.

According to the WHO, approximately 1.2 million deaths were caused due to diabetes in 2019 globally. To reduce the number of deaths or sufferings due to diabetes, the development of innovative techniques and products for the treatment and maintenance of diabetes is essential.

Type 2 diabetes cases are common, but it can be prevented or delayed by a healthy diet, consistent physical activity, maintaining a standard body weight and avoiding the use of tobacco. Diabetes can be treated or managed with medicines and regular checking and treatment. Increasing focus on innovative medical products and research are increasingly driving a transition towards insulin pen by diabetes patients.

Leading manufacturers in the insulin pen market are strengthening their market position through collaborations with various health and research organizations. Governments in developed and developing countries are actively taking initiatives to encourage innovative medical products.

For instance, in November 2020, Medtronic introduced CGM integrated smart insulin delivery pen to manage multiple daily dosage insulin injections. Similarly, Insulet expanded its offering of OmipodDASH into additional countries such as Sweden, Finland, Norway, and Denmark.

“Increasing prevalence of diabetes, technological advancements and rising investments in the healthcare sector will create lucrative growth opportunities for insulin pen manufacturers through the assessment period in 2031,” says the Future Market Insights analyst.

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Key Takeaways from Insulin Pen Services Market Study

  • Reusable insulin pens are expected to account for over 49% the global market share by 2031, supported by a growing base of environment and cost-conscious consumers.
  • Hospital pharmacies will account for 33.8% of the market share in 2031. The soaring influx of patients for treatment and intensive care support supports growth.
  • The U.S. is projected to be the fastest-growing regional market with a CAGR of 5.6% through 2021-2031 owing to the matured healthcare sector of the country.
  • The U.K. and Germany are leading markets in Europe, accounting for more than 18% and 25% in 2021.
  • China is the largest and fastest growing market in East Asia, exhibiting a 4.7% CAGR through 2031.
  • Australia is leading the Oceania market, accounting for more than 85% of insulin pen revenues in 2021.

insulin pen market characteristics and attributes with regional relevence

Who is Winning?The global insulin pen market is set to expand due to the rising prevalence of type 1 and type 2 diabetes. Leading organizations within the market are set to focus on research and development to offer an early and precise diagnosis of the ailment, besides offering effective patient care.

Some of the leading players in the insulin pen market include but are not limited to NovoNordisk A/S, Sanofi, Eli Lilly, Diamesco Co., Ltd., BigFoot Biomedical, Inc, Medtronic plc, Emperra GmbH E-Health Technologies, YpsoMed AG, and DUKADA Aps.

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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 that provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031. The global insulin pen 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 on the insulin pen treatment market on basis of the main indication in detail, cover every aspect of the market such as technology, dosage form, distribution channel across seven major regions.

Insulin Pens Market by CategoryBy Product Type:

  • Reusable Insulin Pen
    • Refillable Pens
    • Bluetooth Connected Smart Insulin Pen
    • USB Connected Smart Insulin Pen
    • Cartridge
  • Disposable Insulin Pens
  • Smart Insulin Pens Caps
  • Insulin Pump

By Indication:

  • Type 1
  • Type 2

Distribution Channel:

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Sales
  • Diabetes Clinic/Center

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Region:

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

Feminine Hygiene Products Market is estimated to surpass US$ 27.6 Billion in 2021, with a CAGR of 7.0% during the forecast period (2021-2031)

Government initiatives undertaken to spread awareness about women health and menstrual hygiene, besides brand consolidation strategies by leading producers and the adoption of modern lifestyles by women will push feminine hygiene products sales in the coming years.

According to the recent Future Market Insights (FMI) report, the global feminine hygiene products market value is estimated to surpass US$ 27.6 Bn in 2021, with a CAGR of 7.0% during the forecast period (2021-2031).

Around 49% of the global population is female and nearly 65% of them are aged between 15 and 65 years, thereby indicating a significant opportunity for manufacturers of feminine hygiene products.

Government organizations are focusing on women’s health and hygiene with the help of launch of various awareness programs and funding activities. These programs include detailed education about menstruation, puberty, and the advantages and health benefits of using hygiene products.

They are also providing sanitation kits to girls studying in government schools and colleges in rural areas, particularly in developing economies around the globe. For instance, in 2017, the Department of Education in KwaZulu-Natal (KZN) of South Africa set aside Rs 50 million to fund the distribution of sanitary towels and napkins to various schools in the region.

Additionally, rising female populations in countries such as India, Ghana, and Nigeria will create lucrative opportunities. Concerns regarding disposal, have resulted in the introduction of reusable menstrual cups. These cups are made from medical grade silicon or latex and cost between US$ 20 and US$ 50 per pack and can last for nearly five years. Such innovations will give tailwinds to growth registered in the market.

The impact of the ongoing COVID-19 pandemic on production of feminine products has been negligible despite short term disruptions of transportation and logistics.

Key Takeaways from Feminine Hygiene Products Market Study

  • Sanitary napkins are the largest and fastest growing segment accounting for nearly half of the market by 2031, with a CAGR of over 8%.
  • Supermarket are projected to account for over 22% of the global market by 2031. This is attributed to robust supply channels for consumer health products.
  • East Asia is the largest revenue-generating region for feminine hygiene products, with the China accounting for nearly 81% of the regional market in 2021.
  • Germany holds the lead in Europe, and is expected to accounting for over 18% of the market in 2031.
  • South Asia is the second most lucrative market after East Asia with India accounting for over 75% of the value share in 2031.

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“The acceptance of new feminine products among the female population and government support to start-ups will create growth opportunities for manufacturers through the assessment period. Investments in online sales channels will remain key focus for companies in the coming decade,” says the FMI analyst.

Who is Winning?

Some of the leading manufacturers of the feminine hygiene products market are focusing on mergers and acquisitions for global expansion. Thus, enhancing their market presence. For example,

  • In Jan 2020, the Procter and Gamble focused on digital marketing with advertising associations in countries around the world – like the World Federation of Advertisers, the Association of National Advertisers in the U.S., and the Incorporated Society of British Advertisers in Europe.
  • In October 2020, Kimberly-Clark completed the acquisition of Softex Indonesia. This acquisition accelerated the company’s growth in key personal care categories across Southeast Asia.

The key market players covered by FMI include Procter and Gamble, Johnson and Johnson, the Kimberly-Clark Corporation, Svenska Cellulosa Aktiebolaget SCA, Sanofi S.A, Lil-lets UK Limited, Ontex, Unicharm Corporation, Diva International Inc., and Edgewell Personal Care.

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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 2016 to 2031. The global feminine hygiene product 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 on feminine hygiene products segment based on Product type (Sanitary Napkins, Tampons, Menstrual Cup, Panty liners, feminine hygiene wash), Distribution Channel (Hypermarket, Supermarket, Convenience Stores, Department Stores, Retail Pharmacies, Online Purchase) across seven major regions.

Feminine Hygiene Products Market by CategoryProduct type

  • Sanitary Napkins
  • Tampons
  • Menstrual Cup
  • Panty liners
  • Feminine Hygiene Wash

Distribution Channel

  • Hypermarket
  • Supermarket
  • Convenience Stores
  • Department Stores
  • Retail Pharmacies
  • Online Purchase

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Region

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

Global Skincare Market expected to exhibit a CAGR of 8.1% during the forecast period (2021-2031)

[296 Pages Report] The rising prevalence of several infectious diseases has necessitated innovation in the skincare market. According to the World Health Organization (WHO), the prevalence of chronic diseases was expected to increase by 57.0% by 2020, which indicated that a significant percentage of the population would suffer from chronic ailments. Also, the global outbreak of pandemics such as H1N1, Ebola, and others are boosting the requirement of different hand and skin hygiene products such as hand sanitizers, which is indicative of growth opportunities for the market.

Increase In awareness regarding advanced skincare products and rising prevalence of chronic diseases are expected to drive skincare market. According to a study by Future Market Insights (FMI), the global skincare market is forecast to reach a valuation of US$ 8,823.4 Mn in 2021.

Skincare products such as skin cleansers, hand sanitizer, skin conditioners, and surgical scrubs are increasingly used to maintain skin hygiene and to prevent the spread of infections. The rising prevalence of chronic diseases and increase in demand for hand sanitizers amid COVID-19 pandemic is expected to boost the growth of the skincare market.

Moreover, increasing incidence of hospital-acquired diseases such as surgical site infection (SSI) is creating opportunities for growth. Sales will surge further as a result of the increasing awareness about advanced skincare products. Social media & innovative online campaigns aimed at creating awareness are therefore reshaping the skincare market.

Increasing market consolidation activities, adoption of strategic agreements among the leading manufacturers and increasing research activities aimed at launching effective products are some of the factors enabling growth. Some of the leading players are aiming to strengthen their product portfolio by launching a various online campaign. For instance, in 2021, Galderma Laboratories, L.P.-Cetaphil launched an innovative digital campaign to connect with millions of consumers experiencing skin sensitivity.with the market expected to exhibit a CAGR of 8.1% during the forecast period (2021-2031)

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Key Takeaways from Skincare Market Study
Skincare market is expected to rise at 8.1% CAGR between 2021 and 2031
High willingness among consumers to spend on personal health and hygiene will drive growth in the U.S., which will account for over 85% of sales in North America by 2031
The U.K. will remain a key market for skincare products within Europe. Rising demand from various hospitals, healthcare, and critical care centers will continue supporting growth
Expansion of the healthcare sector will push growth in Germany, which will account for maximum skincare products sales within Europe’s healthcare sector
Strong growth is likely in China, as consumers increasingly focus on hygiene and sanitization to prevent the risk of infection

skincare market price benchmark for key regions by form, 2021

Skincare Market by Category

Product

Skin Cleansers

Hand Sanitizers

Surgical Scrubs

Skin Conditioners

Other

Form

Liquid

Gel & Lotions

Wipes

Spray & Foams

End-user

Hospitals

Clinics

Ambulatory Surgical Centers

Diagnostic Laboratories

Reference Laboratories

Rehabilitation Centers

Long Term Care Centers

Critical Care Centers

Pharmaceutical & Biotechnology Companies

Academics and Research Institutes

Homecare Settings

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Region

North America

Latin America

Europe

East Asia

South Asia

Oceania

The Middle East and Africa (MEA)

Motion Stimulation Therapy Market Analysis, Recent Trends and Regional Growth Forecast by 2028

Motion Stimulation Therapy Market: Market Overview 

The global Motion Stimulation Therapy market is expected to show significant growth over the forecast period due to the rise in funding by government for the development of novel drugs. According to Parkinson’s association of Carolinas, nearly 60,000 people in U.S are diagnosed with Parkinson’s disease each year and nearly10 million people worldwide are estimated to be living with Parkinson’s disease. By therapy type, the functional neuromuscular stimulation therapy segment is expected to gain maximum share in the global motion stimulation therapy market due to rising incidence of Parkinson’s disease worldwide. Among end user segment, hospitals are expected to be most dominant segment due to rise in number of patients seeking motion stimulation therapy.

Motion stimulation therapy is a type of physical therapy performed when events as stroke or spinal cord injury occurs resulting in denervation of muscle leading to paralysis or weakness in muscle. Motion stimulation therapy helps in producing the voluntary forces required for joint moment that allows functional performance of daily task. Motion stimulation therapy are beneficial for muscle spasm, pain relief or to reduce inflammation cases. Motion stimulation therapy also helps the muscle in contracting so as to reduce muscle atrophy. Motion stimulation therapy are helpful in Parkinson’s disease, a progressive neurodegenerative disorder which is common in the elder population. Deep brain simulation is a type of motion stimulation therapy used for treating Parkinson’s disease. Deep brain stimulation is the most commonly performed surgical treatment for Parkinson’s disease. Advanced motion stimulation therapy like functional stimulation and therapeutic electric stimulation therapies are also used widely for better results and fast recovery from muscular dysfunction. These therapy use devices which works by electrically stimulating and contracting muscles with the use of electric impulses.

Motion Stimulation Therapy Market: Drivers and Restraints

Rising incidence of Parkinson’s disease is the primary factor driving the growth of motion stimulation market. The increasing case of road accidents and muscle injury is expected to drive the growth of motion stimulation therapy market. Motion stimulation therapy can also be used along with regular medication. This phenomenon is referred to as combination therapy and the fact that motion stimulation therapy can be used as add-on therapy is expected to drive market growth of motion stimulation therapy market. Technological advancement in stimulators devices is also positively impacting on growth of motion stimulation therapy market. Moreover, the lack of awareness among the people about the advance therapies for muscle spasm and motion related problems will also deter the growth of motion stimulation therapy market over the forecast period.

Motion Stimulation Therapy Market: Regional Overview

On the basis of geography, Motion Stimulation Therapy market is classified into eight key regions Such as North America, Latin America, Europe, APECJ, China, Japan, Middle East and Africa. North America is expected to dominate the global Motion Stimulation Therapy market due to technological advancement and research and development for improving the quality of healthcare facilities. Followed by Europe due the rising geriatric population suffering from chronic pain and other indications. APEC and China is the fastest growing region for global Motion Stimulation Therapy market owing to increasing road accidents cases this region. Latin America and Middle East and Africa is the least lucrative region for motion stimulation therapy market due to lack of awareness among the people about the advance therapies.

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Motion Stimulation Therapy Market: Key Players

Some of the key players found across the value chain of motion Stimulation therapy market are, Valencia, CA, USA, Cyberonics, Medtronic, Innovative Neurotronics, Inc. Boston Scientific Corporation; Bioness Inc. St. Jude Medical; Inc., and Nevro Corporation among others.

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, application, and industry.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Indication
  • 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 excluding China & Japan (India, ASEAN, Australia & New Zealand)
  • China
  • Japan
  • Middle East and Africa (GCC Countries, South. Africa, Northern 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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Motion Stimulation Therapy Market: Segmentation 

The global Motion Stimulation Therapy market is classified on the basis of product type, end user, and region.

Based on therapy type motion stimulation therapy market is segmented into following:

  • Functional neuromuscular stimulation therapy
  • Peripheral stimulation therapy
  • Deep brain stimulation therapy
  • Therapeutic electrical stimulation therapy

Based on end user motion stimulation therapy market is segmented into following:

  • Hospitals
  • Specialty clinics
  • Others

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