Palonosetron Hydrochloride Market 2022 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2027 : FMI

Palonosetron hydrochloride is a hydrochloride salt of carbazole derivative, palonosetron. It is a chemical compound used to prevent and treat chemotherapy induced vomiting and nausea.

Palonosetron hydrochloride works by blocking the action of serotonin in chemoreceptor trigger zone, a zone located on medulla oblongata outside the blood brain barrier. Palonosetron hydrochloride is the most effective antagonist of 5-hydroxytryptamine type 3 receptors which are located in the chemoreceptor trigger zone.

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The most side effects observed of the palonosetron hydrochloride are headaches, constipation together with muscle pain atrioventricular block and sleeplessness. The oral route of administration of palonosetron hydrochloride is considered less effective as compared to the intravenous route of administration.

COVID-19 impact crisis has been unprecedented and has affected all the industries. The global market for palonosetron hydrochloride will also be affected by COVID-19. The effect can be in terms for supply chain disruption, logistical bottlenecks due to uncertain regulatory regimes adopted by various countries to contain the pandemic.

Palonosetron Hydrochloride Market: Drivers and Restraints
The growing incidence of cancer cases worldwide is the major market driver for the global palonosetron hydrochloride market in the forecast period of 2020-2030. Chemotherapy continues to remains the most common treatment for the cancer cases which in turn will boost the global palonosetron hydrochloride market.

There is a general preference for 5-hydroxytryptamine type 3 receptors antagonist drugs as compared to the other type of drugs for treating chemotherapy induced vomiting and nausea. This will consequently result in the growth of the global palonosetron hydrochloride market.

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Although chemotherapy is the most sought after treatment for cancer it is very painful and is accompanied by serious side effects. This has encouraged researchers to develop new alternate forms of treatment for cancer. The ongoing research for alternate drugs can thus slow the growth of palonosetron hydrochloride market.

The high costs involved in cancer treatment discourage people from choosing chemotherapy in developing world. This in turn could result in hindrance in growth of the global palonosetron hydrochloride market.

Palonosetron Hydrochloride Market: Overview
The global palonosetron hydrochloride market can be expected to grow steadily because as per the World Health Organization estimates the global death due to cancer are estimated to be 13 million by the end of 2030. Based on the route of administration intravenous segment can be estimated to register a sturdy growth owing to its greater preference among the medical specialists.

Based on the distribution channel the hospital pharmacies can be expected to grow steadily in the global palonosetron hydrochloride market considering the fact that these drugs are administered under medical specialist’s supervision.

Palonosetron Hydrochloride Market: Key Players
The key market players operational in the global palonosetron hydrochloride market are

  • Merck
  • Wavelength
  • Farmihispania Group
  • ALP Pharm
  • Shanghai Jinhe Bio-Pharmaceutical Co. Ltd.
  • Tecoland
  • Qilu Pharmaceutical
  • Teva api
  • Novartis
  • Roche
  • Heron Therapeutics and Tyche Industries

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.

Regional analysis includes:

  • North America (U.S. Canada)
  • Latin America (Mexico. Brazil)
  • Europe (Germany U.K France Italy Spain)
  • South Asia (India ASEAN Countries)
  • East Asia (Japan China & South Korea)
  • Oceania (Australia & New Zealand)
  • 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.

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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.

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

About FMI:
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Nucleic acid electrophoresis and blotting Market Projections in its Revised Report, COVID-19 Pandemic Shaping Global Demand : FMI

Nucleic acid electrophoresis and blotting is technique is used to separate nucleic acid molecules and identify specific fragments based. In electrophoresis, charged particles of nucleic acid are separated into DNA, RNA and proteins by its size or charge.In nucleic acid electrophoresis and blotting method charged molecules are transported through solvent by an applied electric field for molecules to migrate towards the oppositely charged electrode. Nucleic acid electrophoresis and blotting procedure has clinical application in detecting the presence of specific protein in a complex mixture of protein in the body.

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It is also used in diagnostic tests for diseases like AIDS and few neurodegenerative disorders. According to the AIDS Virus Education Research Trust (AVERT), approximately 37.9 people suffered from HIV globally in 2018.

Reduced and delayed physician visits and hospitalization is expected to reduce the demand for nucleic acid electrophoresis and blotting market for short-term. However, this is expected to balance in long term scenario and growth trends will remain positive for the next decade.

Research and development activities of nucleic acid electrophoresis and blotting market are expected to hamper due to nation-wide lockdown situation across the majority of countries in the world amid Covid-19 pandemic.

The rise in the prevalence of HIV infections is expected to drive nucleic acid electrophoresis and blotting market growth. With an increase in research and development activities for the genomics and proteomics, the leading industry players are investing in the nucleic acid electrophoresis and blotting market.

Increasing application of western blotting is expected to drive nucleic acid electrophoresis and blotting market growth. Government initiatives to create awareness about HIV tend to increase its diagnostic rate and fuel nucleic acid electrophoresis and blotting market growth.

For instance, in India, the National AIDS Control Programme (NACP) focuses on information, education and communication to control the spread of HIV. The requirement of highly skilled labour can hinder nucleic acid electrophoresis and blotting market growth.

Alternative technologies offering more efficient results are expected to challenge nucleic acid electrophoresis and blotting market growth during the forecast period.

Gel electrophoresis is expected to generate the majority revenue share of nucleic acid electrophoresis and blotting market. Based on application, the diagnostic segment will dominate nucleic acid electrophoresis and blotting market during the forecast period with the increasing prevalence of HIV infections.

Whereas, research and development will observe a significant rise in nucleic acid electrophoresis and blotting market with increasing investments. Hospitals and biopharmaceutical companies are leading end-users of nucleic acid electrophoresis and blotting market due to increased diagnostics and research and development activities.

The high rate of prevalence of HIV infections increases the demand for nucleic acid electrophoresis and blotting market in North America. Europe is the second leading region in nucleic acid electrophoresis and blotting market with increased investments towards research and development activities.

Asia-pacific is lucrative with a higher growth rate in the nucleic acid electrophoresis and blotting market during the forecast period with a large patient population in the region. The Middle East and Africa are expected to observe the least growth in nucleic acid electrophoresis and blotting market due to less healthcare expenditure in the region.

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Some key players contributing in nucleic acid electrophoresis and blotting market are

  • F. Hoffmann-La Roche AG
  • GE Healthcare
  • Cell Signalling Technology
  • Merck & Co.
  • Thermo Fisher Scientific
  • Perkinelmer Inc.
  • Agilent TechnologiesInc.
  • Advansta Inc.
  • Bio-Rad Laboratories
  • Li-Cor Biosciences
  • Bio-Techne Corp.
  • Lumigen Inc.
  • Hamilton Company
  • Helena Laboratories
  • Cleaver Scientific Ltd.

The report on nucleic acid electrophoresis and blotting market covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Historical Actual Market Size, 2015 – 2019
  • Market Size & Forecast 2020 to 2030
  • Supply & Demand Value Chain
  • Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Market Drivers and Restraints

Regional analysis for nucleic acid electrophoresis and blotting market includes

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

 Report on nucleic acid electrophoresis and blotting market highlights:

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

Key Segments

The global nucleic acid electrophoresis and blotting market is segmented based on the type of electrophoresis type, application, end-user and region.

electrophoresis type:

  • Gel
  • Capillary

application:

  • Research and Development
  • Diagnostic
  • Others

end-users:

  • Hospitals
  • Biopharmaceutical Companies
  • Contract Research Organizations
  • Research and Academic Institutes

Tattoo Removal Lasers Market Closed In On US$ 179 Million In 2018:FMI

According to the latest research by Future Market Insights (FMI), the tattoo removal lasers market closed in on US$ 179 million in 2018. The revenue growth of tattoo removal lasers market has been estimated at a promising rate over the course of coming years. While over 7 in 10 patients prefer aesthetic clinics for the procedure of tattoo removal lasers, market value share of tattoo studios is likely to expand in coming years, as per FMI’s analysis.

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Tattoo removal lasers have been incorporating the latest laser technologies specific to tattoo removal procedures. Constant developments in the tattoo removal lasers landscape, increase in product penetration across different regions, and increasing government support for R&D of innovative tattoo removal lasers will remain key demand determinants in tattoo removal lasers market.

Several new technologies have been contributing to the revenue growth of tattoo removal lasers market. However, picosecond tattoo removal lasers are extremely expensive. A combination of wavelengths has been in high demand for tattoo removal. For instance, according to a research study conducted on five patients by the Laser Health Academy, better clearance was achieved with a combination of 1,550 nm non-ablative fractional laser+YAG laser as compared to other tattoo removal lasers. The combination of YAG+YAG also resulted in shorter recovery time.

According to research studies conducted on tattoo removal lasers, a combination of QS Nd: YAG (1064 nm) and CO2 lasers for tattoo removal also resulted in a significantly high improvement on the combination side for Indian skin. Combination of tattoo removal techniques is being perceived as more effective than only Q-S tattoo removal lasers, as the former reduces the need for multiple sessions.

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Moreover, combination tattoo removal lasers have not only reduced the number of sessions required, but also cut costs and reduced adverse effects such as hyper-pigmentation, long-going inflammatory responses, and bulla formation. Extensive research on the efficacy of these combination tattoo removal lasers are warranted, specifically considering the high patient demand for tattoo clearance. Thus, the high demand for combination tattoo removal lasers has consistently driven the tattoo removal lasers market.

However, tattoo removal lasers work differently on different skin types, which may involve multiple adverse effects. Tattoo removal lasers that involve Q-switched also require eye protection for the prevention of retinal damage. Q-switched ruby tattoo removal lasers are linked with high clearance rates but are also contradictory because of the high incidence of prolonged hypopigmentation. Such adverse effects of tattoo removal lasers will remain are expected to hamper the growth of the tattoo removal lasers market during the forecast period.

The tattoo removal lasers market report tracks some of the key companies operating in the tattoo removal lasers market, which include Hologic Inc. (Cynosure), Shanghai Fosun Pharmaceutical（Group）Co., Ltd. (Alma Lasers), Cutera,  Syneron® Medical Ltd., Fotona d.o.o., LUTRONIC, Lumenis, El.En. S.p.A. (Asclepion Laser Technologies GmbH), and Lynton Lasers.

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Some of the commonplace complications that result post tattoo removal lasers treatment include prolonged erythema, hyperpigmentation, hypertrophic scar formation, and disseminated infection. On the other side, complications associated with fractional lasers include transient pigmentary changes, mild fibrosis, and hypopigmentation. Though most of the adverse effects associated with tattoo removal lasers can be cured within a short span of time, some of them may lead to serious complications in terms of skin texture and pigmentation.

Weight Loss and Obesity Management Market to reach a valuation of over US$ 4.9 Billion by 2028

The growth of weight loss and obesity management market is attributed to the rising epidemic of obesity across the globe. According to the latest research by Future Market Insights (FMI), the global weight loss and obesity management market is anticipated to reach a valuation of over US$ 4.9 Bn, by the end of 2028. The weight loss and obesity management market is expected to expand at a steady CAGR of 5.2%, over the forecast period of 2018-2028.

Developing Regions More Prone to Obesity & Other Comorbidities

Increasing number of cases of obesity and related comorbidities will lead to the growing adoption of drugs and devices for weight loss and obesity management, which will further fuel the growth of the global weight loss and obesity management market during the forecast period.

The weight loss and obesity management market is majorly driven by the rising prevalence of obesity. The rising epidemic of obesity presents a major challenge to disease prevention across the globe. It is estimated that by 2030, 38% of the world’s adult population will be overweight and around 20% will be obese. This obesity epidemic is more prevalent in the Middle East and the Asia Pacific regions where food import is quite high. Weight loss and obesity management are helpful in the treatment of highly critical obesity and comorbidities associated with it, such as diabetes, asthma, sleep apnea, and hypertension, etc.

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Increasing health consciousness is also cited as an important factor boosting the revenue growth of the global weight loss and obesity management market. Sizeable consumer population in developed regional markets will particularly continue to generate high demand for weight loss and obesity management practices, according to the report. Millennial and Generation-X consumers are gradually adopting advanced aesthetic services, including weight loss and obesity management, thereby creating adequate opportunities for manufacturers of weight loss and obesity management drugs and devices.

Key Players:

  • Novo Nordisk A/S,
  • GlaxoSmithKline plc.,
  • F. Hoffmann-La Roche AG,
  • Allergan Plc,
  • Johnson & Johnson Services, Inc,
  • Medtronic plc.,
  • Vivus Inc.,
  • Eisai Co., Ltd.,
  • ReShape Lifesciences, Inc,
  • Obalon Therapeutics,
  • Aspire Bariatrics,
  • Allurion Technologies Inc.,
  • Nalpropion Pharmaceuticals, Inc., and
  • Beijing Noble Laser Technology Co., Ltd.

Key Vendors Targeting Extension of Product Portfolio

Leading companies operating in weight loss and obesity management market are majorly focusing on strengthening their product portfolio. Product line extensions help companies to launch newer products with unique features for specific indications. This results in an increased market share of companies in the highly competitive weight loss and obesity management market. In response to increasing demand from various healthcare professionals to effectively treat obesity with minimum long-term side effects, manufacturers are focusing on developing innovative and specific products.

Product innovation is expected to boost revenue and volume growth of the weight loss and obesity management market during the forecast period. For instance, an additional FDA patents approval for VIVUS, Inc.’s Qsymia, for the covering compositions of Qsymia and covering methods for effecting weight loss using Qsymia (phentermine and topiramate).

However, the high cost involved in research and development of obesity drugs is a great challenge for the growth of the weight loss and obesity management market. Additionally, long gestation time required for research and developmental activities as well as the need for a number of essential clinical trials to test drugs adds up to significant expenditure. The limitations posed by high development cost of anti-obesity drugs might hinder the growth of the global weight loss and obesity management market. Moreover, the high cost of surgical procedures, such as gastric bypass surgery, adjustable gastric banding, gastric sleeve surgery and gastric balloon treatment, may also affect the growth of the global weight loss and obesity management market adversely.

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The global weight loss and obesity management market is estimated based on product type, and distribution sales. Based on product type, the weight loss and obesity management market has been segmented into drugs and devices.

Drugs product type segment is further segmented into GLP-1 receptor agonists, lipase inhibitors, serotonin receptor agonist, a combination drug, and others. Devices product type segment is further segmented into liposuction devices, bariatric stapling devices, gastric band, gastric balloon systems, gastric emptying systems, and gastric electrical stimulation systems.

Devices segment is expected to hold maximum market share in the global weight loss and obesity management market. Based on distribution sales, the weight loss and obesity management market has been segmented into institutional sales and retail sales. In terms of revenue, institutional sales dominated the global weight loss and obesity management market in 2017.

Additional Questions Answered

Some of the additional questions addressed in this report on the weight loss and obesity management market-

  • What is the revenue potential of the weight loss and obesity management market across the regions of emerging economies?
  • Who are the key competitors in the weight loss and obesity management market and what are their portfolios?
  • What are the major challenges influencing the growth of the weight loss and obesity management market?

Segmentation

On the basis of product type

  • drugs
  • devices

On the basis of distribution sales

  • institutional sales
  • retail sales

On the basis of geographical

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa (MEA)
  • emerging countries like China, Brazil, and India.

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Upper Limb Prosthetics Market Rise At 4.4% During 2018-2028 : FMI

Upper limb prosthetic sales in 2019 are estimated to close in on US$ 330 Mn, and record a Y-o-Y growth of 4.4% over 2018, according to a new study of Future Market Insights (FMI). Upper limb prosthetics have been witnessing progressing sales scenario at a modest pace over the recent past. Besides a rising trend of cosmetic prosthetics, prevalence of sports injuries is significantly contributing to the demand growth of upper limb prosthetics in the global market.

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Use of additive manufacturing/3D printing for prosthetics has been gaining momentum within the marketplace, particularly among amputees who are unable to afford the high price point associated with conventional limb prosthetics. Adoption of upper limb prosthetics has been pervasive at hospitals, at a steadily increasing rate. FMI expects a higher rate of adoption across prosthetic clinics in the years to come. However, an expensive price point, coupled with mass production incompatibility, is most likely to limit rapid revenue growth of upper limb prosthetics market.

Several prominent players in the competitive landscape of upper limb prosthetics market are prioritizing new product launches eyeing the opportunities lying in competitive price ranges. While this strategy is likely to aid companies improve penetration into developing markets, others will also focus on development of convenient accessories to assist the usage of upper limb prosthetics – such as hand gloves.

As per FMI’s analysis, a considerable number of companies competing in upper limb prosthetics market are concentrating on providing rehabilitative prosthetic services and amputee care. Consistently increasing demand for prostheses following accidental and aging related disabilities will primarily push sales of upper limb prosthetics. Rapid surge in the number of orthopedic disorders and post-traumatic disabilities will also remain a key factor determining demand for upper limb prosthetics in the near future, according to the report.

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Prosthetic Wrist to Hold over One-Fourth Market Share

Transradial disarticulation (below elbow) will remain the key indication generating maximum demand for upper limb prosthetics. The report points to a higher revenue share of over 1/4th of the total value, collectively contributed by wrist disarticulation and transhumeral disarticulation (above elbow). Sale of partial hand has also been registering a moderately growing share in the market revenue.

Prosthetic wrist sales account for over a fourth of the total market value whereas, prosthetic arm is likely to develop highest-selling potential in the years to come. Prosthetic elbow and terminal devices are currently among highly sought after components of upper limb prosthetics after prosthetic wrist, according to FMI’s study. The combined revenue share of these two in the market has been anticipated to be more than 45% in 2019. However, prosthetic shoulders will also continue to experience moderate demand over the course of next few years.

Almost 2/5th of the total demand for upper limb prosthetics is accounted by myoelectric prosthetic devices, followed by body powered counterparts. As per FMI’s analysis, passive prosthetic devices can be positioned as a relatively lucrative type of upper limb prosthetics.

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North America & Europe Hold over 55% Share in Market Value

While more than 55% share of the global market revenue is contributed by developed regional markets, the penetration of upper limb prosthetics within most of the developing regions remains in its latency. According to FMI’s study, the market in China, India, and some of the fast-developing economies in East and South Asia economies hints at promising growth prospects post 2019. The report attributes this growth to the sophistication of healthcare infrastructure, improvements in reimbursement scenario, rapid expansion of the patient pool, and the flourishing medical tourism sector.

Increasing per capita healthcare spending, spike in the private and public investments in R&D, and the influx of activities involving shifting of manufacturing bases to developing regional pockets have also been instrumental in establishing a positive growth outlook for upper limb prosthetics market in these regions.

FMI forecasts a 4.8% CAGR for the upper limb prosthetics market revenue over 2018-2028. The report has tracked some of the most prominent players active in the global upper limb prosthetics market, including Fillauer LLC, Touch Bionics Inc., Endolite India Ltd., College Park Industries, and Ottobock SE & Co. KGaA, among others.

Gastric Electric Stimulators Market Size Worth US$ 188.4 Mn by 2026 – Future Market Insights

The worldwide uptake of gastric electric stimulators is anticipated to witness hefty demand in 2019, representing a rigorous 6.6% y-o-y growth, while reaching a valuation of approx. US$ 188.4 Mn in 2026. As per Future Market Insights (FMI) report on gastric electric stimulators market for the forecast period 2018–2026, gastric electric stimulators’ demand is anticipated to be accelerated by a host of pacesetters.

The FMI report on gastric electric stimulators market opines that sales of gastric electric stimulators are likely to witness sheer proliferation in coming time, on the back of burgeoning minimally invasive procedures, surging reported cases of gastroparesis, and encouraging reimbursement schemes. Growing pervasiveness of gastroparesis has been identified as the primary demand generating factor making gastric electric stimulators highly preferred treatment substitute for such arduous diseases.

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“Enterra system, a critical medical device which is highly used to treat Gastroparesis has received FDA approval as a humanitarian use device, on the back of its potential to treat or diagnose a disease or condition affecting approx. 4000 individuals annually in the United States. Though conditionally, the American College of Gastroenterology (ACG) also recommends adoption of gastric electric stimulators for individuals with chronic, stubborn nausea and vomiting caused by Gastroparesis. The gastric electric stimulators, like Enterra, is a battery-based gastric neurostimulator, which is usually rooted under the skin in lower abdomen part of the body”, Senior Analyst, FMI.

As per the FMI report on gastric electric stimulators market, considering the rareness of Gastroparesis in tandem with the widespread occurrence of gastric-related issues, investments in R&D and clinical studies have considerably increased in the recent past. Moreover, the growing adoption of gastric electric stimulators as an effective substitute to gastrectomy in patients with end-stage gastric dysfunction, is projected to accelerate the demand for gastric electric stimulators considerably by the end of 2026.

High-Frequency Product Type Gaining Colossal Traction

According to the FMI report, high-frequency variant of gastric electric stimulators are witnessing mammoth traction as being one of the most compelling product type, in comparison to the low-frequency variant of gastric electric stimulators. The FMI gastric electric stimulators market report opines that high-frequency variant of gastric electric stimulators aren’t just minimally invasive and extremely patient-friendly in terms of insertion, but also encompass comparatively longer battery life than the low-frequency variant of gastric electric stimulators. Additionally, as per FMI analysis, with over 75% gastric stimulators market share, high-frequency variant of gastric electric stimulators is likely to ameliorate the Gastroparetic treatment landscape.

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Though, gastric electrical stimulation makes the most viable treatment option for chronic drug-refractory nausea and vomiting peripheral to Gastroparesis of idiopathic or diabetic etiology, Enterra Therapy associated risks remain exceptionally high, thereby hampering the adoption of gastric electric stimulators.

North America Gastric Electric Stimulators Market Remains Lucrative

FMI gastric electric stimulators report opines that North America is likely to retain its dominance in the gastric electric stimulators market between 2018 and 2026. According to the FMI report on gastric electric stimulators market, growing investments in medical studies and R&D activities, continuing technical advancements and innovations, coupled with the presence of several leading market players, are other key factors paving way for lucrative opportunities in across North America gastric electric stimulators market.

According to gastric electric stimulators market report, the worldwide gastric electric stimulators market will continue to remain highly consolidated with market Mughals contributing approx. 5o% revenue share to global gastric electric stimulators market, owing to their superior product offering and extensive demographic presence. Further, to capitalize on the growing demand for gastric electric stimulators, leading market players are poised to indulge into collaborations and acquisitions of local players, to reinforce their market presence.

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External Fixators Market Is Estimated To Expand At A High CAGR Of 8.5% During The Report Period 2018–2028

The external fixators market is projected to continue its steady growth on account of the widespread prevalence of osteoporosis coupled with rising incidences of accidental fractures. The external fixators market is estimated to expand at a high CAGR of 8.5% during the report period (2018–2028), with market valuation surpassing the US$ 3 billion mark by 2028 end.  According to the FMI external fixators market report, technologically and innovative advancements are anticipated to further firm-up the adoption of external fixators.

In recent years, orthopedic treatments have witnessed a paradigm shift from the conventional highly-invasive to minimally-invasive procedures as the latter promises early return-to-motion with negligible infection risks. The computer-aided external fixators have been built upon the strengths of conventional external fixators by boosting the device convenience and versatility in complex cases. The FMI report on external fixators market opines that computer-aided external fixators could witness increased adoption, expanding considerably in the forthcoming years.

“Alternative orthopedic disorders’ treatment options, including bone glue designed for joint replacement, could hinder global external fixators market growth considerably. Several external fixators’ manufacturers are prioritizing novel technologically-advanced product development, but stringent rules and regulations in tandem with the lengthy approval procedures are making market-penetration challenging for new devices. This is prompting patients to opt for external fixators’ alternative. Additionally, widespread prevalence of surgical-site infections in the case of orthopedic trauma operations over surgical specialties, is another vital factor ebbing progress of external fixators market,” says a lead analyst at Future Market Insights.

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Amid the numerous challenges in external fixators market, manufacturers are increasingly focusing on novel product launches, mergers, expansion, acquisitions, and deals, while also implementing forward growth strategies to proliferate the sales of their offerings in broader geographies. As per FMI external fixators market report, manufacturers are also prioritizing New Product Development (NPD) strategies to reinforce their footprint in Asia Pacific region, which is the hotbed of opportunities in external fixators market. External fixators’ manufacturers are leveraging 3D printing to build patient-focused devices with complex internal structures. Owing to 3D printings’ myriad benefits in the orthopedic industry, such an inclusion is expected to fuel sales of external fixators.

As per the FMI report on external fixators market, moguls in the external fixators market, including the leading four players Stryker Corporation, Smith & Nephew, DePuy Synthesis, and Zimmer, accumulatively hold nearly half the external fixators market share. The external fixators market represents a highly consolidated landscape, with most of the growth opportunities emerging in North America. However, the report comprehends that a fortified global external fixators market will result in high-priced devices.

Geographically, North America is projected to hold roughly 35% share of external fixators market, however, New Zealand and Australia are anticipated to present most lucrative growth opportunities in Asia Pacific market, followed by Latin America and Middle-East and Africa. The external fixators’ manufacturers are targeting emerging markets owing to increased procedural awareness, in tandem with sophisticated diagnostics capabilities in these regions, propelled by proliferating demand for affordable and quality healthcare.

Key players operating in external fixators market include:

  • Ortho-SUV Ltd.
  • ConMed
  • Zimmer Biomet Holdings Inc.
  • OsteoMed
  • DePuy Synthes (Johnson & Johnson Services Inc.)
  • Stryker Corporation
  • Medtronic Kanghui Orthopedics
  • Vilex
  • DJO Global Inc.
  • Response Ortho LLC
  • Wright Medical Group N.V.
  • Bioventus
  • Orthofix International N.V.
  • Acumed
  • Integra LifeSciences Corporation
  • Smith & Nephew plc.

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Key Segments

By Product Type

  • Manual Fixators
  • Computer Aided External Fixator

By Application

  • Orthopedic Deformities
  • Fracture Fixation
  • Infected Fracture or Non-Unions
  • Limb Correction
  • Others

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By End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Orthopedic and Trauma Centers

By Country

  • U.S.
  • Canada

Magnetic Sensor Market : Notable Developments & Geographical Outlook 2022 to 2028

The global magnetic sensor market size is expected to grow from US$ 2,271.6 Mn in 2022 to US$ 3,053.5 Mn by 2028, at a CAGR of 5.1% during 2022-28.

The magnetic sensor market accounted for almost 10% market share of global IoT sensors market. The magnetic sensor market is anticipated to show significant growth in coming years, due to high demand of sensing applications across industries. This attributes to increasing adoption of Hall-effect magnetic sensor, Giant Magnetoresistance (GMR) sensors, 3D Magnetic Hall Effect Sensor, Anisotropic Magneto-Resistive (AMR) sensors, Tunnel Magneto Resistance (TMR) sensors technologies in major industries including automotive, consumer electronics, industrial and others.

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The global magnetic sensor market is categorized by technology, application, and region. By technology, the market is segmented as Hall effect, AMR (anisotropic magneto-resistive), GMR (giant magneto-resistance), and TMR (tunnel magneto-resistance). The Hall Effect sub-segment is expected to account for a relatively higher CAGR of 5.2% during the forecast period. The Hall Effect sub-segment also accounted for the largest market share of 45.4% in 2017. Moreover, technological advancements in vehicle technology, increasing electrifications, and the growing demand for smart products are some of the major factors which are fuelling the growth of the global magnetic sensor market.

On the basis of application, the global magnetic sensor market is segmented by industrial, automotive, consumer electronics, and others. The automotive sub-segment accounted for a relative higher CAGR of 5.3% because of an increase in the demand for connected vehicles and advanced driving assistance.

Key Segments Covered

By Technology

  • Hall Effect
  • AMR
  • GMR
  • TMR

By Application

  • Industrial
  • Automotive
  • Consumer Electronics
  • Others

Key Regions covered:

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Western Europe
    • Germany
    • U.K.
    • France
    • Spain
    • Italy
    • Benelux
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • SEA & Others of APAC
    • China
    • India
    • Australia & New Zealand
    • ASEAN
    • Rest of APAC
  • China
  • Japan
  • MEA
    • GCC Countries
    • Turkey
    • South Africa
    • North Africa
    • Rest of MEA

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Among the regions, North America accounted for the largest market share in 2018. The increasing number of vehicles and an increase in the production of automotive parts are important factors which are driving the growth of the magnetic sensor market in North America. The magnetic sensor market in SEA & Others of APAC is expected to account for a relatively higher CAGR of 5.9% during the forecast period. Also, the demand for magnetic sensors is increasing in the markets in Western Europe, China, and Japan.

The rapid growth in the demand for smart devices in emerging economies such as India, China, and Japan is attracting several magnetic sensor manufacturers. Smart device and consumer electronic device manufacturers can create abundant opportunities for the development of advanced magnetic sensors. Furthermore, with the growth of industrial automation systems, collaboration with electronic device manufacturers can generate potential opportunities for magnetic sensor manufacturers to provide magnetic sensors with advanced features which have high sensitivity and reliability.

Some of the popular vendors in the magnetic sensor market are Texas Instruments Incorporated, Infineon Technologies AG, NXP Semiconductors, STMicroelectronics, TE Connectivity, Analog Devices, Inc., Asahi Kasei Corporation, Honeywell International Inc., and Diodes Incorporated.

Significant Contributions of the Report

  • Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
  • Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
  • Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
  • Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
  • Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

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OTT Content Market 2022 Industry Research, Segmentation, Key Players Analysis and Forecast to 2030

The emergence of the live streaming trend and virtual reality technology is a great opportunity for major players to develop innovative offerings in the OTT content market. An increase in the adoption of high speed broadband, along with the increasing demand for smartphones and smart televisions is contributing to the growth of the OTT content market. Players in the market are continuously upgrading their product portfolios to meet the increasing demands in the competitive global OTT content market.

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The presence of multiple regional and global players has resulted in market fragmentation over the years, and vendors are focusing on differentiating their content and platform offerings to retain competitive edge. The impact of government regulations is moderate and the demand for regional content is comparatively high. New players are looking to partner with telecom providers and outsource OTT content while the main strategy of distributors is to source content from the different OTT players. As viewers demand the most trending content, distributors need to buy such content from content providers, which lets the content providers have an upper hand, hence limiting the bargaining power of distributors.

ott content market

According to a market research report published by Future Market Insights (FMI), the global OTT content market is expected to foresee a strong CAGR of 17.4% from 2018 to 2028. In 2017, the market was worth US$ 44,391.0 Mn and is projected to rise to a valuation of US$ 245,814.4 Mn by the end of 2028.

COVID-19 Impact on OTT Content Market

The COVID-19 pandemic has a beneficial impact on over the top streaming market growth because of ongoing rise in demand for OTT services.

The temporary closure of multiplexes, box offices, and entertainment zones boosted demand for OTT streaming platforms significantly. Many countries enacted lockdown laws to prevent the virus from spreading, forcing citizens to stay at home.

OTT services became a key source of entertainment as individuals were forced to stay at home. Consumers love that these streaming services can be accessed on their smartphones, tablets, laptops, and smart TVs.

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This demand was mostly due to the continued rise in online communications services as a result of the imposed lockdowns, since a growing number of viewers communicate through various online platforms.

Furthermore, as demand for new OTT content has increased dramatically, a growing number of OTT service providers are making some of the existing content available for free and launching new content on their platforms.

Proliferating Penetration of Mobile and Other Connected Devices to Push Market Revenue in the Coming Years

Smartphones and tablets have become the first go-to devices for communication and content consumption. Additionally, with the rapid adoption of 4G services in developing countries and the First World moving towards advanced telecommunications technologies, mobile Internet diffusion is anticipated to accelerate in the coming years. Optimal pricing of 4G enabled phones has led to increasing smartphone penetration in various regional consumer markets, leading to a surge in demand for OTT content.

At present, OTT content and related services are an attractive and feasible alternative to traditional entertainment channels. Growing preference for OTT content can be attributed to expanding content libraries and affordability relative to conventional TV subscriptions. For instance, subscription video on demand (SVOD) services led by Netflix, Amazon, and Hulu, are very popular among users owing to the affordable pricing structure.

Limited Offline Availability May Create a Roadblock to Market Growth

A disruption in the Internet connection when a user or subscriber avails VoD services generally results in the re-streaming of the video. This can lead to user dissatisfaction caused by the loss of time and data in consuming the content. The content not being available offline for download further creates a poor customer experience. These factors may lead to restrictive adoption of OTT content services.

Key Questions Answered in the Report

  • What is OTT market?

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Functional Electrical stimulation Market :Technological Growth Map over Time

Functional Electrical Stimulation Market Overview

According to the recent research by Future Market Insights, the functional electrical stimulation market is set to witness 8.6% growth during the forecast period from 2021 to 2031. The rising incidences of injury to the central nervous system lead to enhance functional electrical stimulation market during the forecast period from 2021 to 2031. Therefore, there will be significant growth seen in the functional electrical stimulation market.

What is Driving the Demand for Functional Electrical stimulation?

The functional electrical stimulation market is driven by various factors such as rising musculoskeletal disorders, advancement in the technological field such as medical science, the rising importance of pain management therapies in different fields of medicines, and the increasing number of physiotherapists for the disorders of muscle stimulators helps decrease pain, decrease discomfort, restore muscle tone, and rehabilitate various parts of the body.

Also, the unhealthy diet and lack of physical activities and exercise tend to drive the demand for functional electrical stimulation soon.

Rising Prevalence of Musculoskeletal Disorders Likely to Propel the Growth of Functional electrical stimulation Market

The prevalence of musculoskeletal disorders is rising globally due to unhealthy diet and lack of physical activity which leads to obesity and musculoskeletal disorders.

According to WHO data of February 2021, a total of 1.71 billion people were suffering from musculoskeletal conditions worldwide. Among which low back pain causes the highest burden with a prevalence of 568 million people suffering from the condition globally.

Thus, the demand for functional electrical stimulation will increase significantly with the increasing prevalence of musculoskeletal disorders shortly.

U.S. and Canada Functional Electrical Stimulation Market Outlook

Obesity is related to nervous system disorders and can lead to the condition of stroke also where the blood stops flowing to the brain. In America, the prevalence of obesity is rising due to changing lifestyles such as having unhealthy diet choices and changing sleep schedules.

For instance, according to CDC, the prevalence of obesity increases from 30.5% to 42.4% from 2000 to 2018.

Therefore, the demand for functional electrical stimulation will increase during the forecast period from 2021 to 2031.

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Europe Demand Outlook for Functional Electrical Stimulation

The prevalence of the musculoskeletal disorder is high in the region that has a direct positive impact on the electrical stimulation market. For instance, Poland and Hungary are the two European countries with the highest prevalence of musculoskeletal disorder with 6,737 and 6,697 per 100,000 population respectively.

Thus, with the rising musculoskeletal disorder, the demand for functional electrical stimulation also rises in the region.

Who are the Key Manufacturers and Suppliers of Functional Electrical Stimulation?

The key players of functional electrical stimulation include HASOMED GmbH, Bioness Inc., Trulife, Otto Bock, Odstock Medical Limited, Hobbs Rehabilitation, MotoMed, and others.

The above companies follow certain strategies like merger & acquisition, getting FDA approval, and new product launches to be at the top position in the market. For instance, in May 2017, Ottobock collaborated with Bioness for the distribution of the new FES generation from Bioness.

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.

Integrated Functional Electrical Stimulation 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.

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About FMI:
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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