Jet Pumps Market 2021: Covid-19 Impact Analysis, Future Trends, Development Challenges, Data and Forecasts 2027

Future Market Insights (FMI)’s upcoming research study on the global Steam Jet Ejector market lays bare undercurrents and opportunities for key market stakeholders. The report provides in-depth insights on the Steam Jet Ejector market through a detailed analysis of key growth drivers, restraints, trends, challenges, and revenue growth based on historical data. Valuable information and forecast statistics covered in the Steam Jet Ejector market report will help existing and potential new market players to craft long-term strategies as well as maintain business continuity during a crisis.

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COVID-19 Impact Analysis

As with many industries, the recent outbreak of the COVID-19 has adversely affected the industrial automation & equipment industry. The Steam Jet Ejector market is no exception. Following government’s measures, particularly social distancing norms and shelter-in-place orders, companies active in the Steam Jet Ejector market have put their production on a halt. Additionally, movement restrictions have created a logistical nightmare for market players, while the lack of ‘essential’ status caused a decline in sales.

The FMI’s report covers an exclusive chapter on the initial COVID-19 impact on the Steam Jet Ejector market. This allows both incumbent companies and new entrants to understand the market scenario during a crisis and helps them make sound decision to gain a distinct competitive edge.

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Steam Jet Ejector Market: Segmentation

To analyze the Steam Jet Ejector market effectively and efficiently, the information has been segregated into key segments and sub-segments.

On the basis of product type, the global steam jet ejector market is segmented as follows:

  • Single-stage steam jet ejectors
  • Multi-stage steam jet ejectors

On the basis of application type, the global steam jet ejector market is segmented as follows:

  • Crude oil distillation
  • Petrochemical processes
  • Edible oil deodorization
  • Organic motivated systems
  • Fertilizer plant operations
  • Thermal compressors
  • Hybrid vacuum systems
  • Metals vacuum degassing
  • Space simulation

Steam Jet Ejector Market: Competition Analysis

The FMI’s study presents an extensive analysis of global, regional, and country-level players operating in the Steam Jet Ejector market based on their innovative launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Steam Jet Ejector market report.

Key players covered in the report include:

  • Croll Reynolds
  • Venturi Jet Pumps Ltd.
  • Gardner Denver Nash
  • Graham Corporation
  • Körting Hannover AG
  • Chem Process Systems
  • Unique Systems
  • Mazda Limited
  • Jet Vacuum Systems Pvt. Ltd.

Crucial Questions Answered in the Report

  • Which end-use industry remains the top consumer of Steam Jet Ejector in different regional markets?
  • At what rate has the global Steam Jet Ejector market been expanding during the forecast period?
  • How will the global Steam Jet Ejector market look like by the end of the forecast period?
  • What innovative technologies are the Steam Jet Ejector market players adopting to stay ahead of the pack?
  • What are the restraints affecting the growth of the global Steam Jet Ejector market?

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Key Offerings of the Report

  • Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
  • Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
  • Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
  • Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
  • Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Steam Jet Ejector market

Clutch Spring Wires Market : Global Industry Analysis 2015 – 2019 and Opportunity Assessment 2020 – 2030

Clutch is a component of the automotive transmission system which is designed to timely engage as well as disengage power flow between transmission system and the engine. A spring is an elastic body, used to distort when loaded and to recover its original shape when the load is removed.

While the process happens, vibrations occur in the engine compartment are dampened by the clutch springs by isolating the transmission from the shock of the clutch engaging.

Strong clutch spring wire provide possibilities to enhance the power, durability, precision and of the clutch operation. Over the years, special wires such as flat rolled and shaped wire in carbon stainless round wire, low alloyed and stainless material have been used for the manufacturing of clutch spring wire.

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Oil tempered clutch spring wire are used for clutch springs when high resistance to fatigue, heat and permanent set in fatigue are required.

Clutch Spring Wires Market: Dynamics

Automotive industry growth across different regions is the primary driving factors for the clutch spring wires market. In addition, proliferating demand for reliable transmission systems in conventional as well as electric vehicles is anticipated to fuel the market growth. Furthermore, ongoing technological advancements in clutch technology by OEMs is anticipated to drive the global clutch spring wires market.

Established supply chain management on OEM as well as aftermarket sales channel has been a pivotal factor for business development by international as well as domestic players. The top manufacturers are offering oil tempered special spring wire for applications with high performance requirements.

The COVID-19 pandemic has impacted the global economy at various levels where the automotive industry has not been spared. As a result, a substantial slowdown in manufacturing in the first three quarters of 2020 has been witnessed having reverberated through every manufacturing enterprise.

The outlook remains uncertain for the remaining quarter of the year as the scope of the pandemic and its effect on production and demand & supply chains which is anticipated to impede the overall Clutch Spring Wires market growth.

Clutch Spring Wires Market: Regional Outlook

The automotive industry in the North America and Europe is expected to augment the market demand for clutch spring wires, owing to high vehicle fleet in these regions.

The automotive manufacturing scenario in Asia Pacific also provides an optimistic outlook for clutch spring wires market in the coming years for the OEM as well as aftermarket. Moreover, steadily increasing investments in automobile industry in various countries of  Latin America  & Africa is anticipated to result in steady growth in the clutch spring wires market.

Clutch Spring Wires Market: Key Participants

Some of the key market participants in the global Clutch Spring Wires market, identified across the value chain include:

  • Suzuki Garphyttan
  • KIS Wire
  • Kobe Steel, Ltd.
  • POSCO
  • Neturen America Corporation
  • China Baowu Steel Group Corp., Ltd.
  • Zhengzhou Sinosteel
  • N.V. Bekaert S.A.
  • Haina Special Steel
  • American Spring Wire Corporation
  • Pengg Austria GmbH
  • Nippon Steel SG Wire Co., Ltd.

The research report on the Clutch Spring Wires market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

The Clutch Spring Wires market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to market segments such as geography, aircraft type, and sales channel.

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The report covers exhaustive analysis on:

  • Clutch Spring Wires Market Segments
  • Clutch Spring Wires Market Dynamics
  • Clutch Spring Wires Market Size
  • New Sales of Clutch Spring Wires
  • Current Trends/Issues/Challenges in the Clutch Spring Wires Market
  • Competition & Companies Involved in Clutch Spring Wires
  • New Technology for Clutch Spring Wires
  • Value Chain of the Clutch Spring Wires Market

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 Countries, S. Africa, Northern Africa)

The global Clutch Spring Wires market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts 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 segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the Clutch Spring Wires market
  • In-depth Clutch Spring Wires market segmentation
  • Historical, current, and projected Clutch Spring Wires market size in terms of volume and value
  • Recent industry trends and developments in the global Clutch Spring Wires market
  • Competitive landscape
  • Strategies of key players and products offered in the global Clutch Spring Wires market
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on Clutch Spring Wires market performance
  • Must-have information for market players in Clutch Spring Wires market to sustain and enhance their market footprint
Clutch Spring Wires Market: Segmentation

The global Clutch Spring Wires market can be segmented on the basis of Material Type, Clutch Spring type and Vehicle Type.

Material Type

  • Stainless Steel
  • Alloy Steel
  • Aluminum
  • Others

Clutch Spring Type

  • Diaphragm Spring
  • Central Spring
  • Others

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Vehicle Type

  • Passenger Car
    • Compact
    • Mid-Sized
    • SUV
    • Luxury
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
    • Heavy Trucks
    • Buses & Coaches

Produced Water Treatment Systems Market to amplify at a compound annual growth rate (CAGR) of over 6% during the forecast period

Future Market Insights (FMI) offers an overview of the key technologies used in produced water treatment systems in its research report. The report titled, “Produced Water Treatment Systems Market: Global Industry Analysis and Opportunity Assessment 2014-2020, forecasts the market to amplify at a compound annual growth rate (CAGR) of over 6% during the forecast period.

FMI has segmented the produced water treatment systems market on the basis of technology into primary, secondary, and tertiary.

Primary treatment technologies employ basic, such as settling, media filtration, floatation, and biological aerated filtering to separate solids from water. According to FMI’s research, Alderley plc is one of the dominant players in the primary treatment technologies.

Secondary treatment technologies involve the use of induced gas floatation, degasser, and membrane separation. Twin Filter BV is a dominant company providing secondary treatment technology in the market.

Tertiary treatment technologies involve the use of absorption and polishing to separate oil content in produced water. These technologies use a combination of technologies to treat produced water. According to FMI, ProSep, Inc. is the dominant player in tertiary treatment technology.

FMI has analysed the produced water treatment systems market in North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

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North America is the most lucrative region in the global produced water treatment systems market, accounting for nearly one-third of the global market revenue. In terms of CAGR, the North America produced water treatment systems market is expected to expand at over 8% during the forecast period 2014-2020.

In terms of market share, North America is expected to gain 590 BPS during the forecast period. FMI’s analysis revealed that although all three technologies are widely used in North America, tertiary technology was the largest in terms of market revenue, accounting for US$ 574 Mn in 2014. FMI expects the tertiary technology segment to expand at a double-digit CAGR during the forecast period.

Tertiary technology is more effective than both primary and secondary technology, owing to which it is being widely adopted by end-use industries. The tertiary technology segment of North America is expected to gain a whopping 1310 BPS during the forecast period.

Onshore crude oil industry in North America represented 49.14 Bn barrels or nearly 80% of produced water in 2012. FMI expects this to reach 116.29 Bn barrels by the end of 2020.

Asia Pacific is the second largest market for produced water treatment systems after North America. The Asia Pacific produced water treatment systems market was worth US$ 960 Mn in 2014; FMI expects it to expand at a CAGR of over 4% during the forecast period 2014-2020.

FMI has segmented the competitive landscape of global produced water treatment systems market into treatment systems, mobile systems and rental service, and commissioning and consulting services.

Leading players in the treatment systems include Siemens Water Technologies, Alderley plc, Frames, Aker Solutions, Aquatech, Schlumberger, FMC Technologies, Veolia, Cetco, Eco-Tec, Thermoenergy, Ecosphere, MIOX, Ovivo, and Global Water Engineering.

Most of these companies are focusing on their USP to consolidate their position in the market. For example, Siemens is focusing on advanced biological wastewater treatment, whereas Aquatech is pushing low CAPEX and OPEX biological processes. Aker Solutions is aiming to appeal to end-use industries by providing end to end engineering solutions, whereas Veolia is known for its offshore produced water expertise.

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Key Segment

By Capacity (thsnd bl/day)

  • Less than 100
  • 100 to 500
  • Above 500

By Technology

  • Primary
  • Secondary
  • Tertiary

By Application

  • On Shore
  • Off Shore

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By Region

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

Bio-plastics Market is projected to expand at a CAGR of 26.0% during the forecast period

Future Market Insights (FMI), in its latest report titled, “Bio-plastics Market: Global Industry Analysis and Opportunity Assessment 2014 to 2020”, estimates that the global bio-plastics market is expected to account for US$ 43.8 Bn by 2020, registering a CAGR of 28.8% during the forecast period. A growing beverage packaging industry, government support for adopting bio-based materials, and rising consumer acceptance for bio-plastics are expected to contribute to the growth of the global bio-plastic market over the forecast period.

In terms of materials, the global bio-plastics market is segmented as bio-PET, bio-PE, bio-PA, bio-degradable polyesters, PLA & PLA blends, starch blends, PHA and others. Currently, the bio-PET material segment dominates the bio-plastics market, and was estimated to be US$ 5.6 Bn in 2014. This segment is expected to reach US$ 29.1 Bn by 2020, with a momentous CAGR of 31.4% for the forecast period. Moreover, an increasing demand for bio-plastics from the beverage packaging industry and effectiveness of bio-plastics in one-time use application has driven the demand for the bio-PET in the last few years.

On the basis of application type, the bio-plastics market is segmented as bottlers, other packaging, food-services, agriculture/horticulture, consumer products, automotive and others. Among all the afore mentioned applications, bottles segment is expected to dominate the market with 34.4% of the total revenue share by 2020. However, automotive segment is anticipated to exhibit the second highest CAGR of 27.5% as compared to other applications during the forecast period. Additionally, influx of new entrants is predicted to fuel the growth of others application segment, thereby accounting for 5.0% market share by 2020.

Key regions considered for this market study include North America, Europe, Asia Pacific and RoW (Rest of the World). Asia Pacific represents the most lucrative market, followed by North America. Asia Pacific is expected to contribute 33.7% market share to the overall bio-plastics market by 2020. The growth of Europe is supported by the strong influence of regulatory framework and awareness regarding greener products through various media among the consumers.

Assessing the various factors driving this market, a FMI lead analyst, said, “Increasing consumer awareness regarding benefits of greener products, strict regulations to incorporate bio-based products in automotive & packaging, and increasing investments by local companies are expected to fuel the demand for global bio-plastics market.”

Key players in the global bio-plastics market are BASF SE, Arkema, DSM NV, E. I. du Pont de Nemours and Company, Evonik Industries, NaturePlast, NatureWorks LLC, RTP Company, Techno polymer Co. Ltd. and Toray Industries Inc.

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Key Segments Covered

Material Type:

  • Bio-PET
  • Bio-PE
  • Bio-PA
  • Bio-degradable Polyesters
  • PLA & PLA Blends
  • Starch Blends
  • PHA
  • others (Durable Starch Blend, Bio-TPE, Bio-PUR, Bio-PC, Cellulose Derivatives and PCL)

Applications

  • Bottle
  • other packaging
  • food-services
  • agriculture/horticulture
  • consumer products
  • automotive

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Key Geographies Covered

  • North America
  • Europe
  • Asia Pacific
  • RoW

Biobased Biodegradable Plastics Market Key Companies, Opportunity, Segmentation, Application, Development Trends and Competitive Analysis

Biobased biodegradable plastics are derived from natural resources and can be safely disposed or recycled. Global consumption of plastics was valued at 31.1 million tonnes in 2014 and in the same year, biodegradable plastics constituted a miniscule share of approximately 0.21%.Globally, consumption of biobased biodegradable plastics is projected to reach from 665.7 thousand tonnes in 2014 to 1,356.9 thousand tons in 2020 at a projected CAGR of 12.6% during the forecast period.

Biobased Biodegradable Plastics Market: Drivers & Trends
Key driving factors identified in the biobased biodegradable plastics market are regulatory framework for safe waste disposal and management, implementation of environmental conservation initiatives by government and various institutions, and efforts by manufacturers to reduce dependency on crude oil derived products.Some of the restraining factors identified in the market are low awareness of the consumers and relatively low durability of these plastics as compared to conventional plastics.The key trends identified in the global biobased biodegradable plastics market include increasing utilization of these plastics in packaging applications, bottles and food service disposables manufacturing. 

Biobased Biodegradable Plastics Market Analysis by Product Type
Polyester, starch blends and PLA collectively accounted for approximately 88% of the total biobased biodegradable plastics consumption in 2014 globally and are anticipated to remain the largest product segments by 2020. All other product types are collectively projected to grow at CAGR of 13.8% during the forecast period in terms of volume. 

Biobased Biodegradable Plastics Market Analysis by Application
Packaging application constitutes the largest application segment of biobased biodegradable plastics market. In terms of volume, it is projected to grow 2X by 2020 from 2014. In 2014, the volume share of packaging application was valued at nearly 65% of the total market and is expected to remain the largest application segment over the forecast period. All other application segments on the basis of volume are collectively projected to exhibit a CAGR of 12.5%.
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Biobased Biodegradable Plastics Market Analysis by Geography
Western Europe is the largest market for biobased biodegradable plastics globally and accounted for about 44% of the global biobased biodegradable plastics consumption across the globe in 2014. In terms of consumption, the region is followed by North America, Asia Pacific, Latin America, Eastern Europe, Japan and Middle East & Africa.In terms of consumption volumes, developed economies are collectively projected to grow at CAGR of 11.2% while developing economies are altogether projected to grow at CAGR of 15.4% during the forecast period.In terms of revenue, the global market is projected to increase by 2.8X from 2014 to 2020. Developed economies are projected to account for 62% share in the total incremental revenue opportunity over the forecast period representing a revenue CAGR of 16.5% during the forecast period. 

Global average pricing of biobased biodegradable plastics is expected to witness an increasing trend over the forecast period owing to certain factors such as varying capacity utilization rates across geographies, increasing energy costs resulting in increased production cost and supply-demand gap across geographies.

Key Segment

On the basis of product type

  • polyester
  • starch blends
  • poly lactic acid (PLA)
  • cellulose
  • polyhydroxyalkanoate (PHA)
  • other biobased biodegradable plastics

On the basis of application

  • packaging
  • fibres
  • healthcare
  • agriculture
  • others

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On the basis of region

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

Skin Antiseptic Market By Product, By Technology, By Application, By Region, And Segment Forecast 2021 – 2031

According to the latest research by Future Market Insights, the skin antiseptic market is set to witness rapid growth during the forecast period (2021-2031). Demand for skin antiseptic witnessed rapid recovery in the short term, with an optimistic growth outlook in the long run. High demand for skin antiseptic expects to offer lucrative opportunities in near future, however, sales of skin antiseptic to treat the prevalence of infection will drive the market growth.What are the Factors Likely to Drive the Skin Antiseptic Demand?Due to the potential for contamination with pathogenic organisms and the increased likelihood of selecting potential and effective treatment for resistant organisms has surged demand for skin antiseptics that expects to drive the skin antiseptic market growth in coming years.

Sales of solution-based skin antiseptics are expected to offer lucrative opportunities for the European skin antiseptic market. Due to the growing prevalence of Surgical Site Infections (SSIs) and Healthcare-associated infections (HAIs) and the easy availability of various antiseptic solutions accounted for the highest revenue-generating category. Growing R&D and focus on efficacy improvement and growing applications of antiseptic solutions are expected to propel the segment further in the pre-operation and pre-injection procedures.

In addition based on the surgeries applications, the adoption of skin antiseptics is growing in the healthcare sector. Especially to reduce the risk of infection.

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Chlorhexidine Gluconate Ingredient is Likely to Influence the Skin Antiseptic Sales

Chlorhexidine gluconate have been the dominating the global skin antiseptic market. According to a study published in Massachusetts Medical Society, concluded that chlorhexidine–alcohol has superior clinical efficacy and is more effective than povidine iodine-containing solutions in reducing the bacterial concentration in the operative field for vaginal hysterectomy.

US and Canada Skin Antiseptic Market Outlook

US is one of the largest markets for skin antiseptic globally. The US skin antiseptic market is set to tread on the historic pattern of bust and boom during the assessment period 2021-2031.

Demand for skin antiseptic in US and Canada will be led by negatively affecting the market growth by the increase with the rate of surgeries being performed. Pre-operative skin assessment is the initial step planned by the surgeon before the surgeries. Injection by application segment expects to project a steady growth in coming years. According to Consumer Healthcare Products estimation in US the OTC sales would reached between 36 and 37 billion U.S. dollars by 2020.

Europe Demand Outlook for Skin Antiseptic

Many countries in EU have severely been impacted by the COVID-19 crisis, which has led to a drop in economic activities. However, as is the case in US and Canada, pharmaceutical spending in EU continues to drive skin antiseptic demand.

In Europe, uncertainties in the wake of Brexit persist, especially concerning potential supply-chain disruptions, depending on how well the second phase of exit negotiations turns out. The UK pharmaceutical sector receives about 70% of imports from Europe. According to OECD data, around four out of every five euros are spent on retail pharmaceuticals goes on prescription medicines, while the rest on OTC medicines. The share of OTC medicines is particularly high in European countries such as Poland, accounting for half of the pharmaceutical spending, and stands for around 30% or more in Spain (36%), Cyprus (30%) and Latvia (31%) in 2018.

Who are the Key Manufacturers and Suppliers of Skin Antiseptic?

Some of the leading manufacturers and suppliers of skin antiseptic market include

  • 3M Company
  • BD
  • Johnson & Johnson Services, Inc.
  • Reckitt Benckiser
  • B. Braun Melsungen AG
  • Purdue Pharma L.P.
  • EcoLab
  • Schülke & Mayr GmbH
  • PSK Pharma Pvt. Ltd.
  • Kimberly-Clark
  • Sirmaxo Chemicals Pvt. Ltd.
  • Avrio Health L.P.
  • Others

Growth strategies adopted by the leading pharmaceutical companies have influenced the market. The growing contribution by the key players as well as the governments to educate and spread awareness of antiseptic skin products are likely to boost the growth of the antiseptic skin industry substantially.

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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Skin Antiseptic 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

NOTE – All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

Key Segments of Skin Antiseptic Market 

By Ingredient Type:

  • Alcohol
    • Isopropyl alcohol 70%
    • Ethyl alcohol 70%
  • Chlorhexidine and other diguanide
    • Chlorhexidine acetate
    • Chlorhexidine gluconate
  • Quaternary ammonium compound
    • Benzalkonium chloride
    • Cetrimide
    • Methylbenzethonium chloride
    • Benzethonium chloride
    • Cetalkonium chloride
    • Cetylpyridinium chloride
    • Others
  • Halogenated phenol derivative
    • Chlorocresol
    • Chloroxylenol
    • Chlorophene
    • Other
  • Antibacterial dye
    • Triphenylmethane
    • Proflavine hemisulphate
    • Brilliant green
    • Gentian violet
    • Crystal violet
  • Peroxide and permanganate
    • Potassium permanganate solution
    • Hydrogen peroxide solution
    • Benzoyl peroxide
  • Quinolone derivative
    • Hydroxyquinoline sulphate
    • Chlorquinaldol
    • Potassium hydroxyquinoline sulphate
    • Dequalinium chloride
    • Diiodohydroxyquinoline
  • Miscellaneous
    • Burow’s solution (aqueous solution of aluminium acetate)
    • Bleach baths

By Form:

  • Solutions
  • Cream
  • Spray
  • Soaps
  • Swab Sticks
  • Wipes

By Type:

  • Oral
  • Topical

By Application:

  • Wounds
  • Surgeries

By Distribution Channel:

  • Supermarket/ Hypermarket
  • Drug Stores
  • Retail Pharmacies
  • E-commerce

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Pain Patches Market Report- Drivers and Restraints, Growth Opportunity Assessment and Forecast to 2031

According to latest research by Future Market Insights, pain patches market will experience substantial growth during the forecast period 2021-2031. Demand for pain patches will elevate in the course of forecast period while experiencing a steady growth. Increased demand pain patches to encounter the pain resulted from various medical conditions represents lucrative growth for pain patches market.What is Driving Demand for Pain Patches? 

Pain patch is a medicated adhesive patch that is used to relieve the pain by placing it on the skin. Pain patch uses a transdermal route and therefore provides an advantage of controlled delivery of medication as compared to other routes of administration. This advantage may result in increasing the sales of pain patches during the forecast period.

Increasing number of accidents that result in severe injury is expected to drive the growth of pain patches market across the globe. According to the Association for Safe International Travel, in 2020, approximately 4.4. million individuals were severely injured to require medical attention in the U.S. Moreover, increasing number of sports related injuries will also lead to a rise in demand for pain patch market.

In addition, changes in lifestyle and emergence of more office related jobs that needs continuous sitting in one position for too long may result in back related ailments among others. This will also lead to significant growth in the pain patches market.

Increasing Prevalence of Arthritis Expected to Augment the Growth of Pain Patches Market

Increasing chronic and acute pain related diseases is expected to reflect a positive growth for pain patches market. One such disease is arthritis which results in severe joint pain. The increasing prevalence of arthritis mainly is expected to increase the demand for pain patches. According to CDC, in 2018, an estimated 22.7% of the U.S. population of adults had doctor diagnosed arthritis.

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U.S. and Canada Pain Patches Market Outlook

U.S. and Canada are among the largest market for pain patches market making North America a dominant player. The adoption of transdermal pain patches has increased in North America for pain management of certain conditions, which includes cancer. Pain patches are quite effective as compared to pain killers as they deliver pain management drugs at a predetermined rate across the dermis and achieve a local or a systemic effect.

This indicates that high prevalence of cancer will lead to rise in demand for pain patches market. According to National Cancer Institute, in 2018 an estimated 16,353,421 people living with cancer of any site in the U.S.

Europe Demand Outlook for Pain Patches

Increasing usage of pain patches for pain management for non-cancer conditions is expected to drive the growth of the pain patches market in this regions. Additionally, the increasing research and development funding and increasing focus of the European governments on the healthcare system also represents steady growth for pain patches market.

Moreover, favourable reimbursement policies in many European countries will also boost further growth of the pain patches market.

Who are the Key Manufacturers and Suppliers of Pain Patches?

Some of the leading manufacturers operating in the pain patches market include

  • Viatris, Inc.
  • Johnson & Johnson Services, Inc.
  • Teva Pharmaceutical Industries Ltd.
  • Sanofi S.A.
  • Hisamitsu Pharmaceutical Co., Inc.
  • GlaxoSmithKline Plc.
  • Novartis AG
  • Nichiban Co., Ltd.
  • Teikoku Seiyaku Co, Ltd.
  • Mentholatum Company.

Many leading manufacturers in the pain patches market are focusing on getting FDA approvals for their products. For instance, in July 2020, the FDA approved an 8% capsaicin pain patch for diabetic neuropathy. Manufacturers in the market are also focused carrying out acquisitions that will broaden their product portfolio. In July 2019, GlaxoSmithKline acquired the Pfizer’s Consumer Health Business which includes OTC products for topical pain management.

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The Report Covers Exhaustive Analysis on:

  • Market Segments
  • Market Dynamics
  • Historical Actual Market Size, 2016 – 2020
  • Market Size & Forecast 2021 to 2031
  • Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Market Drivers and Restraints

Regional Analysis Includes:

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

Report Highlights:

  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size recent industry trends
  • Key Competition landscape
  • Strategies for key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

NOTE – All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

Key Segments of Pain Patches Market 

By Product Type:

  • Opioid Patches
    • Buprenorphine
    • Fentanyl
  • Non-opioid Patches
    • Diclofenac patches
    • Lidocaine patches
    • Ketoprofen patches
    • Capsaicin patches
    • Methyl Salicylate Patches

By Therapeutic Application:

  • Pain relief
  • Cough Suppression
  • Anesthesia
  • Diarrhea Suppression
  • Smoking Cessation

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online pharmacies

For in-depth insights, Download a PDF Brochure – https://www.futuremarketinsights.com/reports/brochure/rep-gb-13194

By Region:

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

Hearing Amplifiers Market 2021 Future Trends, Opportunities, Strategies to Boost Growth, Applications with Covid-19 Impact till 2031

According to the latest research by Future Market Insights, the Hearing amplifiers market is set to witness steady growth during 2021-2031. The rising prevalence of hearing impairment disorder, coupled with the growing geriatric population prone to hearing loss is increasing the demand for hearing amplifiers. 

What Is Driving The Demand For The Hearing Amplifiers Market?

To meet the end-users demand for advanced, safe and cost-effective alternative to hearing aids devices continues to drive demand for hearing amplifiers in the market. Similarly, the increasing cost of hearing aids is creating huge opportunities for hearing amplifiers manufacturer to develop an advanced, cost-effective solution to solve the unmet demand of consumers.

Growing Geriatric Population Is Likely To Accelerate The Demand for Hearing Amplifiers.

The growing geriatric population is a significant driving factor for the growth of the hearing amplifiers’ market. The geriatric population are more prone to hearing loss when compared with children. As per the world health organization (WHO), currently, about 466 million people have hearing problems across the globe and the number is projected to reach 900 million by 2050.  Among these, only 34 million are children. This number indicates growing geriatric population creates huge opportunities in the hearing amplifiers market.

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The U.S. and Canada Hearing Amplifiers Market Outlook

The U.S. is one of the largest markets for hearing amplifiers globally. The U.S. Hearing amplifiers market is set to tread on the historic pattern of bust and boom during the assessment period 2021-2031.

Favorable healthcare policies, coupled with high per capita healthcare spending, has created a conducive environment for the adoption of hearing amplifier devices in the U.S. presence of leading players in the region is also expected to boost the market growth. Most of the key players are focusing on strategic acquisitions to strengthen their product portfolio.

For instance, in 2021, Amplifon S.p.A. acquired PJC Hearing, the hearing care business of PJC Investments LLC, which is the second-largest Miracle-Ear franchisee in the United States, which covers the major market in hearing care worldwide.

Europe Demand Outlook for Hearing Amplifiers Market

The rising prevalence of deafness, increasing awareness and the introduction of technologically advanced products are expected to contribute to the market growth of hearing amplifiers in Europe. Furthermore, favorable reimbursement policies accepted by each region of Europe is driving the growth of the market. Anteunis (1999) estimated that up to 52 million Europeans (20% of adults) and 36% of the older population suffer from some level of hearing handicap. According to the British MRC Institute of Hearing Research study, around 900 million people across the globe will suffer from hearing loss by 2025. Among this population, more than 90 million patients may be from Europe.

Who are the Key Manufacturers and Suppliers of Hearing amplifiers?

Some of the leading manufacturers and suppliers of hearing amplifiers include

  • iHEAR Medical, Inc.
  • Soundhawk
  • FocusEar
  • Resound
  • Shenzhen LA Lighting Company Limited
  • Foshan Vohom Technology Co. Ltd.
  • MDHearingAid
  • Beurer
  • Etymotic Research
  • IntriCon Corporation
  • Britzgo
  • Austar Hearing Science and Technology (Xiamen) Co., Ltd.
  • Sound World Solutions
  • Huizhou Jinghao Electronics Co. Ltd.
  • Otofonix
  • Banglijian
  • Amplifon
  • Ziphearing
  • Others

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

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Hearing Amplifiers Market Report Highlights:

  • Detailed overview of the 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

NOTE – All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

Key Segments of Hearing Amplifiers Market 

By Product Type:

  • On the ear
  • In the ear
  • In-the-canal
  • Behind-the-ear (BTE)
  • Mini BTE

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

By Region:

  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Europe
    • The U.K.
    • Germany
    • France
    • Spain
    • Russia
    • Benelux
    • Rest of Latin America

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  • East Asia
    • China
    • Japan
    • South Korea
  • South Asia
    • India
    • ASEAN
    • Rest of South Asia
  • Oceania
    • Australia
    • New Zealand
  • The Middle East and Africa
    • GCC Countries
    • North Africa
    • South Africa
    • Turkey
    • Rest of the Middle East

Research Antibodies Market In-depth Analysis by Trends, Dynamics, Drivers, Challenges and Growth Factors by 2031

According to the latest research by Future Market Insights, the research antibodies market will experience substantial growth during the forecast period 2021-2031. Demand for research antibodies will elevate in the course of the forecast period while experiencing steady growth. Increased demand for research antibodies in diagnostic purpose and determination of serious medical conditions represents lucrative growth for the research antibodies market. 

What is Driving Demand for Research Antibodies?

Research specific antibodies are something where protein is used externally to detect the unwanted molecule into the body. It is basically used to understand what is going wrong in a cell or body. It acts as a biomarker to detect life-threatening diseases.

Increasing prevalence of chronic diseases and outbreak of infectious disease is expected to drive the growth of research antibodies market across the globe. According to World Health Organization, in 2020, approximately 1.5. Mn individuals were severely affected by an infectious disease like the coronavirus who require medical attention. Moreover, an increasing number of chronic disease patient like cancer, immunological disorders, etc. will also lead to a rise in demand for the research antibodies market.

In addition, tremendous research in the field of chronic disease and its diagnosis mitigation and treatment. This will also lead to significant growth in the research antibodies market.

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Increasing Prevalence of Chronic Disease may Grow Research Antibodies Market 

Increasing prevalence of the chronic disease is expected to reflect positive growth for the Research Antibodies market. One such disease is cancer which results in severe life threatening condition. The increasing prevalence of cancer mainly is expected to increase the demand for Research Antibodies. According to National Cancer Institute, in 2018 an estimated 16,353,421 people living with cancer of any site in the U.S.

U.S. and Canada Research Antibodies Market Outlook

U.S. and Canada are among the largest market for research antibodies market making North America dominant. The U.S is growing due to high investments for the development of structure-based drug designs model, growing research in the fields of primary and secondary antibodies, and the focus of stakeholders on research projects involving proteins associated antibodies, research on biomolecules, and genes are the key driving factors of the market in U.S and Canada.

Europe Demand Outlook for Research Antibodies

Increasing usage of research antibodies for diagnostic and also in research work and clinical trials is expected to drive the growth of the research antibodies market in these regions. Additionally, the increasing research and development funding and increasing focus of the European governments on the healthcare system also represents steady growth for the research antibodies market.

Moreover, favourable reimbursement policies in many European countries will also boost further growth of the research antibodies market.

Who are the Key Manufacturers and Suppliers of Research Antibodies?

Some of the leading manufacturers operating in the research antibodies market include

  • Thermo Fisher Scientific
  • Merck Group
  • Abcam plc
  • Becton
  • Dickinson and Company
  • Bio-Rad Laboratories
  • Cell Signaling Technology
  • F. Hoffmann-La Roche
  • Danaher Corporation
  • Agilent Technologies
  • PerkinElmer
  • Lonza
  • GenScript
  • BioLegend
  • Yashraj biotechnology Ltd.

Many leading manufacturers in the research antibodies market are focusing on getting FDA approvals for their products. For instance, In 2020, Thermo Fisher Scientific collaborated with Wuxi and Mayo Clinic To secure FDA authorization for testing COVID-19 with ELISA for detecting both IgM and IgG antibodies. In 2020, Merck partnered with Elypta to provide contract manufacturing services for Elypta’s clinical diagnostic liquid biopsy kits.

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The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Historical Actual Market Size, 2016 – 2020
  • Market Size & Forecast 2021 to 2031
  • Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Market Drivers and Restraints

Regional analysis includes:

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

Report Highlights:

  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size recent industry trends
  • Key Competition landscape
  • Strategies for key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

NOTE – All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

Key Segments of Research Antibodies Market 

By Product Type:

  • Primary Antibodies
    • Cancer research
    • Stem cell research
    • Neurobiology research
    • Epigenetics research
    • Infectious disease research
    • Apoptosis research
  • Secondary Antibodies
    • Western Blotting
    • Flow Cytometry
    • ELISA
    • Immunohistochemistry
    • Immunofluorescence
    • Immunoprecipitation
    • Others
  • Immune Checkpoint Antibodies

By Antibodies Form:

  • Monoclonal Antibodies
  • Polyclonal Antibodies
  • Others

By Source:

  • Mice
  • Rabbit
  • Others

By Application:

  • Drug Discovery & Development
  • Basic Research
  • Toxicity Screening
  • Biopharmaceutical Production
  • Drug Screening
  • Tissue Engineering
  • Forensic Testing

By End Users:

  • Biopharmaceutical Companies
  • Contract Research Organizations (CROs)
  • Academic & Research Institutes
  • Forensic Science Laboratories
  • Diagnostic Centers
  • Others

For in-depth insights, Download a PDF Brochure – https://www.futuremarketinsights.com/reports/brochure/rep-gb-13189

By Region:

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

Pelvic Floor Stimulators Market is predicted to expand at a CAGR of over 8.8% during the forecast period (2021–2031)

Increasing demand for electrical stimulation to treat urinary incontinence is expected to boost the global pelvic floor stimulator market. According to a report by Future Market Insights (FMI), the global pelvic floor stimulator market was valued at US$ 110.4 Mn in 2020 and is predicted to expand at a CAGR of over 8.8% during the forecast period (2021–2031).

Weakening of pelvic floor muscles, urinary tract infections, menopause, constipation, obesity, and alcoholism are the main causes of urinary incontinence. The rising prevalence of these conditions, added to the growing elderly population, are major drivers for the global pelvic floor stimulators market.

Similarly, a high level of portability and lower costs of mobile devices in contrast to fixed devices or surgical treatments, and progressive therapeutic results and easy access to patients through over-the-counter (OTC) medical channels are expected to drive demand.

Initiatives undertaken by government and non-governmental organizations to create awareness are increasing the demand for pelvic floor stimulators. For instance, the Australian government has started a program “National Continence Management Program.”

The government of Australia also started “The continence aids payment scheme (CAPS).” COVID-19 kicked the pelvic floor stimulators demand into high gear—and this extended to consumers increasing their adoption using online sales channels. However, lack of labor, halt on transportation, and disruptions in the supply chain, has affected device availability and growth prospects for the near future.

Manufacturers are focusing on research and development activities to develop unique and technologically advanced devices with rechargeable functionality. In March 2019 InControl Medical received FDA approval for a new Attain designed for at-home use to women in the U.S. suffering from stress, urge, mixed urinary incontinence or bowel incontinence.

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pelvic floor stimulators price benchmark key regions by product type, 2021

Key Takeaways from Pelvic Floor Stimulator Market Study

  • Electrical stimulators will reflect a revenue share of more than 66% with a CAGR of 9.1% owing to the high demand for treatment research for urinary incontinence.
  • Urinary Incontinence holds a share of over 75% in 2021, due to the growing geriatric population which is prone to urinary incontinence.
  • The U.K and Germany are leading markets in Europe, cumulatively accounting for over 45% of the regional value share, owing to consumer reliance on technology for health information.
  • Driven by a matured healthcare and research sector, the U.S., will account for more than 78% of the North America market by 2031.
  • China is a high potential market reflecting a 9.9% CAGR, driven by a rapidly growing consumer demographic of geriatrics.

“Increasing prevalence of pelvic floor disorders and subsequently rising increasing awareness about the benefits electrical stimulation in the treatment of urinary incontinence are driving the adoption pelvic floor stimulators on a global scale through 2031,” says the FMI Analyst.

Key Participant Insights

Key players in the market are focusing on strategic collaborations, acquisitions, and expansion. Furthermore, product launches, agreements and research sponsorships are key strategies adopted by manufacturers to expand their research and development capabilities, while increasing their sales by strengthening product portfolios in the pelvic floor stimulator market.

In August 2020, Medtronic expanded leadership to launch InterStim Micro Neurostimulator and InterStim SureScan MRI Leads, for treating bladder and bowel control conditions.

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Pelvic Floor Stimulators Market by Category

Product Type:

  • Electrical stimulators
  • Magnetic Stimulators

Application:

  • Urinary Incontinence
  • Sexual Dysfunction
  • Neurodegenerative Diseases

End-User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialized clinics
  • Homecare setting

For in-depth insights, Download a PDF Brochure – https://www.futuremarketinsights.com/reports/brochure/rep-gb-13187

Region:

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