Gauze Bandage Rolls Market 2022 Outlook, Current and Future Industry Landscape Analysis 2028

Gauze Bandage Rolls Market OverviewGauze bandage rolls are woven cotton of plain weave material ideally used to provide support dressings. Gauze bandage rolls are categorized on the basis of its purity standards, thread counts, sterility and construction process. The gauze is a material in a gauze bandage roll, which is commonly used for wound and surgical dressings. These materials are often identified by their fiber length (tensile strength), weight (grams per square meter), mesh (threads per inch) and absorbency in some specific applications. For instance, in certain surgical procedures, strong woven gauze bandage rolls are required as they provide exponential strength and enhanced protection. In addition to that some types of dressings may require loose woven gauze bandage rolls for improved drainage and absorbency. Majority of gauze bandage rolls are made from cotton-based materials, and some of them are woven with other materials (synthetic fibres (rayon), plastic film coatings) along with cotton. On the basis of specialty application, gauze bandage rolls are constructed from different materials (oxidized cellulose) in which gauze bandage rolls are chemically treated to make them more absorbable and haemostatic. Gauze bandage rolls are available in various sizes and shapes and are applied to the affected part in order to offer compression, prevent motion, and absorb secretion. Gauze bandage rolls work by holding the dressing in intact place by offering support and compression. High-bulk gauze bandage rolls are made of six or more layers of gauze and are constructed to offer further protective padding in dressing application. Gauze bandage rolls serve various advantages, such as excellent drainage and absorbability, and ease in usability in topical pharmaceuticals, and certain disadvantages such as the need of frequent changing, and shredding and adhering of material to the affected areas.

Regulation of Gauze Bandage Rolls

Gauze bandage rolls for dressings and other applications are intended for the use in medical, surgical, veterinary and dental purposes. These products are supplied by direct sales to end-use customers including, hospitals, private person, or other sectors. Various guidelines have been implemented by the Federal Food, Drug, and Cosmetic Act (FFDCA), National Formulary (NF), and United States Pharmacopeia (USP) for determining strength, quality, and purity of gauze bandage rolls, along with its packaging and labelling. Both surgical as well as medical dressings that use gauze bandage rolls must fall in the criteria of USP, which includes absorbency, material content, width, weight, thread count, solubility, adhesive strength, fiber length, tensile strength, alcohol soluble dyes, acidity or alkalinity, packaging, labelling, and storage, to help in classification of these gauze bandage rolls.

Gauze Bandage Rolls Market Assessment by Distribution Channel

gauze-bandage-rolls-market-0.jpg

Factors Gardening the Growth of Gauze Bandage Rolls Market

The growth of the global gauze bandage rolls market is mainly driven by increasing number of surgical procedures on the global level. As exemplified by the estimates of the National Center of Health Statistics, nearly 48 million surgical inpatient procedures were performed in the U.S. alone in 2009, which tend to increase with time and population. The musculoskeletal surgical procedure is most common, with nearly 5.2 million followed by skin surgeries nearly 1.4 million in 2009. In addition, factors such as increased incidence of chronic wounds, and increased life expectancy are also driving the growth of the gauze bandage rolls market. With increasing technological advancements in terms of delivering a novel and applicable therapies/products to upsurge the average lifespan of an individual is expected to provide a momentum in the growth of the gauze bandage rolls market. For instance, according to the estimates of the World Health Organization (WHO), the average life expectancy on the global level has increased by 5 years and tends to drive the growth of the gauze bandage rolls market. However, the growth of the market can be hampered by availability of alternative products, such as advanced wound care products, and complexity concerns related to shredding and adhesiveness of gauge bandage rolls.

Gauze Bandage Rolls in Institutional Sales

In terms of value, institutional sale holds a large market share. However, the ongoing trend of increasing online sale and logistics services is anticipated to dominate institutional sale over the forecast period. In terms of consumption/volume of gauze bandage rolls, the hospitals end-use segment holds a large market share, followed by ambulatory surgical centres owing to the increasing number of emergency chronic cases, and surgical procedures.

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Regional Market Outlook

On the basis of geography, the global gauze bandage rolls market is segmented into eight key regions viz.  North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan & China, Japan, China, and the Middle East & Africa. The gauze bandage rolls market in North America is expected to have a significant share over the forecast period, followed by Western Europe owing to the increasing number of chronic cases, increasing geriatric population, rising awareness among individuals regarding wound infections and diseases. However, ease of availability of advanced wound care products in this region may have a negative impact regarding the growth of the gauze bandage market in these regions. The market in the Asia Pacific excluding Japan & China is anticipated to grow with a high CAGR over the forecast period owing to the increasing number of hospitals in countries such as India, availability of proper reimbursement policies and insurance coverage. Japan is considered as a mature market for gauze bandage rolls, and China shows lucrative opportunities for manufacturers owing to improving medical facilities, growing elderly population, and presence of a large population base. However, the markets in Latin America, Eastern Europe, and the Middle East & Africa are expected to show steady growth over the forecast period.

Competition Outlook

Examples of some of the players identified in the global gauze bandage rolls market are Dynarex Corporation, Medtronic plc, BSN medical GmbH, Cardinal Health, Medline Industries, Inc.,  Lohmann & Rauscher International GmbH & Co. KG, O-Two Medical Technologies Inc. , TROGE MEDICAL GmbH , PREVIS S.r.l., Tenko Corporation Group, AKLA AB, Neomedic Limited, Integrity Medical Devices, RAYS S.P.A., Kuteks AS., Phyto Performance Italia S.R.L, Fazzini, and McKesson Medical-Surgical Inc. Players in the gauze bandage rolls market comprise both international as well as domestic players. However, the sale of gauze bandage rolls are totally dependent on surgical procedures and wound injuries, and the gauze bandage rolls market has witnessed least technological advancements in the recent years.

Small-Scale Manufacturers/Providers:

  • O-Two Medical Technologies Inc.
  • TROGE MEDICAL GmbH
  • Tenko Corporation Group
  • AKLA AB
  • Neomedic Limited
  • Kuteks A.s.
  • Phyto Performance Italia S.R.L
  • Fazzini

Medium-Scale Manufacturers/Providers:

  • Dynarex Corporation
  • PREVIS S.r.l.
  • Integrity Medical Devices
  • RAYS S.P.A
  • McKesson Medical-Surgical Inc.

Large-Scale Manufacturers/Providers:

  • Medtronic plc
  • Cardinal Health
  • Medline Industries, Inc.
  • Lohmann & Rauscher International GmbH & Co. KG

Key data points covered in report

The report covers exhaustive analysis on:

  • The Gauze Bandage Rolls Market by Material Type, Ply Type, Sterility Type, Woven Type, and Distribution Channel
  • Regional level market analysis of North America, Latin America, Europe, Asia Pacific Excluding Japan & China, Japan, China, and Middle East & Africa by Material Type, Ply Type, Sterility Type, Woven Type, Distribution Channel, and Country
  • Gauze Bandage Rolls Market Dynamics & Opportunity Assessment
  • Historical Actual Market Size, 2013 – 2017
  • Gauze Bandage Rolls Market Size & Forecast 2018 – 2028
  • Gauze Bandage Rolls Current Trends/Issues/Challenges
  • Competition & Companies involved

Research Methodology

The market sizing of gauze bandage rolls will be done by the adoption data triangulation approach. The demand-side approach will be followed to assess the actual market size of gauze bandage rolls. Secondary research will be done at the initial phase to identify the feasibility of the target products/technology categories and its respective segments, product and service offerings, equipment installed base in end-use facilities, adoption rate and future impact of new technologies. Each piece of information is eventually analyzed during the entire research project, which builds a strong base for the primary research information.

Primary research participants include demand-side respondents such as laboratory managers, procurement managers, research supervisors at academic and research institutes, as well as key opinion leaders in addition to supply-side respondents such as equipment manufacturers, custom solution and service providers who provide valuable insights on trends, research application of products and technologies, purchasing patterns, services offered and associated pricing.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

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

Regional analysis includes:

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

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

Market Segmentation

By Material Type:

  • Polyester
  • Elastic
  • Cotton
  • Others

By Ply Type:

  • 1 Ply Gauze Bandage Rolls
  • 3 Ply Gauze Bandage Rolls
  • 6 Ply Gauze Bandage Rolls

By sterility Type:

  • Sterile Gauze Bandage Rolls
  • Non-Sterile Gauze Bandage Rolls

By Woven Type:

  • Woven Gauze Bandage Rolls
  • Non-woven Gauze Bandage Rolls

By Distribution Channel

  • Institutional Sales
  • Hospitals
  • Clinics
  • Retail Sales
  • Pharmacy & Drug Stores
  • Online Sales
  • Home Care

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

Automotive Ignition Coil Market to register 4.4% CAGR between 2021 and 2031 | Denso Corporation, Federal-Mogul Corporation, NGK Spark Plug Co. Ltd., BorgWarner Ludwigsburg GmbH.

Future Market Insights (FMI) has projected the global automotive ignition coil market to register 4.4% CAGR between 2021 and 2031. Growing adoption of dual spark ignition coils will continue increasing the demand in the market.

Sales of automotive ignition coils is particularly high in emerging economies such as India, China, and South Korea as these countries increase focus on improving fuel and engine efficiency.

Burgeoning sales of passenger vehicles across the globe also is augmenting the sales of automotive ignition coils, especially across South Korea and Japan. Over 75% of automotive ignition coil sales will be accounted by passenger cars, opines FMI.

As per Future Market Insights, Japan and South Korea will collectively account for over 14% of global market share over the forecast period

Due to the outbreak of novel coronavirus, sales of automotive ignition coils declined, registering growth at 0.1% CAGR by the end of 2020. However, recovery in automotive industry post containment of the pandemic will steer growth in the market.

According to the FMI’s analysis, the global automotive ignition coils market is expected to reach US$ 3.8 Bn in the next couple of years.

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Key Takeaways from FMI’s Automotive Ignition Coil Market Study

  • By vehicle type, passenger cars will emerge as primary automotive ignition coil end users
  • In terms of sales channel, original equipment manufacturers are likely to emerge dominant
  • In terms of product type, pencil ignition coils are the most preferred choice due to their accuracy and efficiency in reducing carbon emission and improving engine efficiency
  • Double spark coils will emerge as the most lucrative segment in terms of product, accounting for more than 50% of global automotive ignition coil sales
  • Heavy commercial vehicle (HCV) segment will account for more than 5.1% of global market share during the forecast period
  • Light commercial vehicle segment will register growth at over 3.1% CAGR between 2021 and 2031
  • Germany and the U.K. are anticipated to lead the Europe’s automotive ignition coil market on the back of increasing production of passenger cars

“Increasing production of passenger cars and higher integration of double spark ignition coils in compact and mid-size passenger cars are broadening prospects for the market players. To capitalize on existing opportunities and counter the threat from alternatives, market players are investing in technological advancements to develop innovative ignition coils that offer higher engine efficiency,” says the FMI analyst. 

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Competitive Landscape

Denso Corporation, Federal-Mogul Corporation, NGK Spark Plug Co. Ltd., BorgWarner Ludwigsburg GmbH., Valeo SA, Robert Bosch, Delphi Automotive PLC, Hitachi Automotive Systems Americas Inc., AcDelco, and Marshall Electric Corp among others are some prominent players operating in the automotive ignition coil market.

As per the FMI’s analysis, the market is consolidated with top 5 players dominating the automotive ignition coil market, accounting for over 30% of market share. Top 5 players include Denso Corporation, Diamond Electric, Hitachi Astemo Ltd., NGK Spark Plug Co., Ltd., Robert Bosch.

Market segmentation

Product Type

  • Can-type Ignition Coil
  • Electronic Distributor Coil
  • Double Spark Coil
  • Pencil Ignition Coil
  • Ignition Coil Rail
  • Others

Vehicle Type

  • Passenger Cars
  • LCV
  • HCV

Sales Channel

  • OEM
  • Aftermarket

Region

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

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More Insights on the Global Automotive Ignition Coil Market

In its latest report, FMI provides an incisive coverage on the global automotive ignition coil market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of vehicle type (passenger cars, light commercial vehicle, and heavy commercial vehicle), product type (can-type ignition coil, electronic distributor coil, double spark coil, pencil ignition coil, ignition coil rail, and others), and sales channel (original equipment manufacturers and aftermarket) across seven major regions (North America, Latin America, Eastern Europe, Asia Pacific excluding Japan, Western Europe, Japan and Middle East & Africa)

Top Reports Related To Automotive Market Insights

Golf Cart Market : Increasing urbanization and inclination towards the environment friendly options are key factors driving market of golf cart. As per a Future Market Insights (FMI) analysis, the global golf cart market is estimated to be valued at ~US$ 2.59 Bn in 2021, expanding at a CAGR of ~4.3% during the forecast period from 2021 to 2031. While the COVID-19 outbreak hampered sales to an extent, the market is likely to recover 2021 onwards.

Automotive Interior Leather Market : Globalization of the automobile industry and rising demand for automotive interior customization are expected to remain chief driving factors of the global automotive interior leather market. According to Future Market Insights (FMI), the global automotive interior leather market is estimated to be valued at ~US$ 29.9 Bn in 2021.

About FMI

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

Contact

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
Report: https://www.futuremarketinsights.com/reports/Automotive-ignition-coil-Market
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Plant-based Butter Market Gain Impetus due to the Growing Demand over 2020-2030

Sales of vegan foods and beverages have gone up significantly owing to increased health awareness among consumers, especially in terms of effects from the consumption of animal-based products. The broader gains in the plant-based food category have rubbed off on varied categories, with plant-based butter sales gaining significant traction. The growing popularity of plant-based butter has led to specialty brands experimenting with new flavors and sources. A new study by Future Market Insights concurs with positive consumer sentiment on plant-based butter, estimating market to grow nearly 7% y-o-y in 2021.

As per the Food Industry Association, around 30% of households are home to vegan, vegetarian, flexitarian, or pescatarian consumers. This trend is creating opportunities for growth for plant-based butter manufacturers. Demand for plant-based butter can also be attributed to the growing consumer preference for clean-label, natural foods, which is pushing dairy producers to develop and launch vegan alternatives.

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Key Takeaways

  • Global plant-based butter market to exhibit CAGR exceeding 7.5% through 2030
  • Soy-milk based butter held nearly 40% share in 2020
  • Online retail distribution to register relatively faster growth, aided by benefits in terms of consumer engagement
  • US to remain the largest market, pegging North America to surpass US$ 200 Mn in 2020

“The plant-based butter market is a nascent phase and is being increasingly viewed as a high-potential product in the dairy alternative industry, as a healthy alternative to conventional fatty food products, which will aid growth in the market for the foreseeable future,” says a FMI analyst.

Covid-19 Impact Analysis

The covid-19 pandemic has resulted in substantial changes in the dietary preferences of consumers around the world. Concerns over transmission of the virus through animal based products has aided the adoption of plant-based alternatives.

Also, plant-based butter can be sourced from oat milk, rice milk, corn milk, soy milk, pea milk, almond milk, coconut milk, cashew milk, flax milk, and hemp milk among others, allowing for a wider flavor range. While demand from the food service sector is likely to drop owing to lockdown restrictions, home consumption with sales through online sales is expected to rise.

The prospects of the plant-based butter market has widened since early 2020. As per the Good Food Institute, sales of plant-based foods surpassed that of animal based alternatives since the advent of the crisis, and will continue through the forecast period.

Who is Winning?

The plant-based butter market is competitive and characterized by the presence of small and mid-scale players. Leading manufacturers are effectively leveraging demand for natural, clean label products, with the aim of geographic expansion and widening product portfolios for long term growth.

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Some of the leading players in the plant-based butter market include Conagra Brands Inc., Upfield Foods, Miyoko’s Creamery, Wayfare Food, Prosperity Organic Food Inc., Lyrical Foods Inc., Califia Farms, Premier Organics, Naturli Foods, Ekogram-the real food, Wildfriend Foods, The J.M. Smuker Co., The Leaviet Corp., Milkadamia, among others.

More Valuable Insights on Plant-based Butter Market

In its new report, Future Market Insights provides detailed analysis of the global plant-based butter market covering historical demand from 2015 – 2019 and forecast data for 2020 to 2030. The study assesses growth projections on the market on the basis of source (oat milk, rice milk, corn milk, soy milk, pea milk, almond milk, coconut milk, cashew milk, flax milk, and hemp milk) and distribution channel (B2B and B2C), across 4 prominent regions.

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

Hybrid Vehicles Market is set to grow at a CAGR of 20.4% through 2026, And hold the value of more than US$ 335 Bn by 2026

FMI delivers key insights on the global hybrid vehicles market in its latest report titled, ‘Hybrid Vehicles Market: Global Industry Analysis and Opportunity Assessment 2016-2026.’ The long-term outlook of the global hybrid vehicles market remains positive, with market value expected to increase at a CAGR of 20.4% during the forecast period (2016-2026). Among the product types, the hybrid electric vehicles segment is expected to expand at a significant CAGR in terms of value over the forecast period. The global hybrid vehicles market for passenger cars is estimated to be valued at US$ 54.7 Bn by the end of 2016. Japan is estimated to account for a value share of 48.1% in the global hybrid vehicles market by 2016 end, and it is anticipated to retain its dominance throughout the forecast period. In this report, FMI throws light on the drivers and restraints likely to impact the global hybrid vehicles market during this period.

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Global Hybrid Vehicles Market: Factors Influencing Revenue Growth

The hybrid vehicles market is driven by various factors such as better fuel efficiency, incentives & subsidies offered by governments, rising prices of petroleum products, and reduction in air pollution, among others. Hybrid vehicles have better fuel efficiency than conventional vehicles, as apart from using IC engines, hybrid vehicles also use energy stored in a battery, which uses 80% of the energy for driving the vehicle, owing to the higher efficiency involved in converting the chemical energy of batteries into electrical energy. Using battery energy also minimizes the harmful carbon emissions involved with IC engines. Apart from this, various government authorities provide subsidies and incentives to the owners of hybrid vehicles. For instance, in China, the government offers subsidies ranging from US$ 6,750 to US$ 14,000, depending upon the size of the battery pack, to every purchase of a hybrid or electric vehicle. Cities such as Beijing and Shanghai offer free registration plates for electric hybrid vehicles.

The insufficient number of public charging stations hampers the growth of the plug-in hybrid vehicles sector, though portable charging systems are provided by manufacturers, which can be used at home or at the workplace. But while travelling between cities or during an emergency situation, this can cause difficulty to the consumers. Therefore, to fully explore the potential of plug-hybrid vehicles, a sufficient number charging stations are required, which will enhance the market for plug-in hybrid vehicles.

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Segmental Analysis of the Hybrid Vehicles Market

The hybrid vehicles market is segmented on the basis of product type, vehicle type, engine type, and powertrain configuration.

  • The hybrid electric vehicles segment is anticipated to continue to dominate the market in terms of value over the forecast period. The hybrid electric vehicles segment is estimated to grow at a significant CAGR over the forecast period. It is expected to represent a total incremental opportunity of US$ 297 Bn between 2016 and 2026.
  • The power split hybrid vehicles segment is projected to be the most prominent powertrain configuration in the hybrid vehicles market. The power split hybrid vehicles segment is estimated to grow at a significant CAGR of 22.7%, in terms of value, over the forecast period. The market for power split hybrid Vehicles is driven by the benefits they offer over parallel and series hybrid vehicles.

Hybrid Vehicles: Regional Market Projections

The hybrid vehicles market in Japan is expected to represent a significantly higher incremental opportunity between 2016 and 2026. The market for hybrid vehicles in Japan is expected to represent a total incremental opportunity of US$ 241 Bn between 2016 and 2026.

Key segments covered in the hybrid vehicles market report

On the basis of product type, the hybrid vehicles market can be segmented into:

  • Hybrid Vehicles
  • Plug-in Hybrid Vehicles

On the basis of vehicle type, the hybrid vehicles market can be segmented into:

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

On the basis of engine type, the hybrid vehicles market can be segmented into:

  • Parallel Hybrid
  • Series Hybrid
  • Power Split Hybrid

On the basis of powertrain configuration, the hybrid vehicles market can be segmented into:

  • Gasoline Electric
  • Diesel Electric

On the basis of region, the hybrid vehicles market can be segmented into:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa (MEA)

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Hybrid Vehicles Market: Key Participants

The report highlights some of the top companies operating in the hybrid vehicles market, such as Ford Motor Company, General Motors Company, Honda Motor Co., Ltd., Daimler AG, Volkswagen AG, Renault SAS, Toyota Motor Corporation, Nissan Motor Corporation, Mitsubishi Motor Corporation, Hyundai Motor Company, and Bayerische Motoren Werke AG (BMW).

Top Reports Related To Automotive Market Insights

Golf Cart Market : Increasing urbanization and inclination towards the environment friendly options are key factors driving market of golf cart. As per a Future Market Insights (FMI) analysis, the global golf cart market is estimated to be valued at ~US$ 2.59 Bn in 2021, expanding at a CAGR of ~4.3% during the forecast period from 2021 to 2031. While the COVID-19 outbreak hampered sales to an extent, the market is likely to recover 2021 onwards.

Automotive Interior Leather Market : Globalization of the automobile industry and rising demand for automotive interior customization are expected to remain chief driving factors of the global automotive interior leather market. According to Future Market Insights (FMI), the global automotive interior leather market is estimated to be valued at ~US$ 29.9 Bn in 2021.

About FMI

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

Contact

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
Report: https://www.futuremarketinsights.com/reports/global-hybrid-vehicles-market
Press Release Source: https://www.futuremarketinsights.com/press-release/global-hybrid-vehicles-market

Food Emulsifiers Market Overview, Cost Structure Analysis, Growth Opportunities And Forecast To 2031

Increasing consumption of processed food besides the expansion of bakeries and confectioneries are among key factors fuelling the demand for food emulsifiers. According to a new study by Future Market Insights (FMI), the food emulsifiers market is forecast to reach US$ 3.30 Bn by 2021. Demand for effective preservative ingredients in the food sector has remained a constant trend. It has been enabling growth in the market and will continue aiding overall expansion especially as application in processed food and bakeries rises consistently.

FMI has forecast the processed food segment to continue dominating the market through the course of the report’s forecast period, starting from 2021 to 2031. It is expected to account for nearly one-fourth of food emulsifiers sold over the assessment period.

Today, food emulsifier gaining high momentum in the manufacturing of food products due to its desirable qualities that help in preservation of processed and convenience food, besides making them more appealing. The growing market for convenience and processed food is backed by hectic lifestyles, deskbound jobs, increasing women workforce, and socio-cultural aspects. These aspects of changing lifestyle have contributed towards reshaping consumers’ eating habits.  A shift away from three square meals eaten at the family table towards round-the-clock snacking is pushing manufacturer towards adoption of food emulsifier in order to cater supply/demand gap for processed food formats.

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Moreover, manufacturers are also focused on developing novel emulsifier solutions that are capable of reducing calorie content in food products. The market is seeing an increasing number of research and development centres coming up across globe. Companies are trying to expand their production and business footprint by acquiring key companies in the emulsifier segment.

The FMI study delves deep into the prevailing dynamics to offer interesting insights into the food emulsifier market. Some of these are:

  • Food emulsifiers market will continue exhibiting steady rate of growth through 2031. FMI projects the market to showcase 4.4% Y-o-Y growth in 2021
  • The U.S. will emerge as a chief market globally and account for 88.8% of North America market based on volume in 2021
  • The U.K. will exhibit 0.9% Y-o-Y growth in 2021 in terms of volume
  • Germany and France to continue offering lucrative growth opportunities
  • Japan and South Korea to emerge as attractive markets, however, China will continue leading the East Asia market through forecast period

“Innovation in food products is expected to create remarkable growth opportunity for market players in the years to follow. Also, a broader consumer base for healthy fast food is contributing to the growth of the global market” said a lead analyst at FMI

Who is winning?

Some of the leading companies operating in the market are BASF SE, Adani Wilmar Limited, Archer Daniels Midland Company, Cargill Inc, Dow Corning Corporation, E.I Dupont De Numours and Company, Evonik Industries AG, Ingredion Incorporated, Kerry Group Plc, Koninklijke DSM N.V., and others. Some of these companies are focusing on acquisition as key strategy to gain competitive advantage.

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For instance, in January 2017, Palsgaard acquired a major stake Candon Aditivos para Alimentos, which is a Brazilian ingredient company and supplier of bakery emulsifiers.

Get Valuable Insights into Food emulsifier Market

Future Market Insights, in its new report, presents an unbiased analysis of the global food emulsifier market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. Based on product type the market can be segmented into lactic esters of fatty acids (sodium stearoyl lactylate, sodium behenoyl lactylate, sodium isostearoyl lactylate, sodium lauroyl lactylate), lecithins, mono & di-glycerides of fatty acid, esters of monoglycerides of fatty acid, polysorbates, polyglycerol esters, polyglycerol polyricinoleate, and others. In terms of nature, the market can be segmented into natural and synthetic. In terms of form, the market can be segmented into fine powder and hydrate. Based on end use, the market can be segmented into bakery, confectionery, beverages, dairy products, processed food, and others. Regionally, the market covers North America, Latin America, Europe, South Asia, East Asia, Oceania and MEA.

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

Omega 3 Ingredients Market Development Status, Competition Analysis, Type and Application 2031

Increasing application in dietary supplements will drive omega-3 ingredients market. According to a new study by Future Market Insights (FMI), the market is projected to reach US$ 5.9 Bn by 2021. The study forecasts the dietary supplements segment to account for over 47% of the sales in terms of value in 2021. Rising focus on health and wellness is expected to bode well for the market

According to Food Marketing Institute, 44% of adults do not consume fish or any kind of seafood frequently or occasionally that makes the diet lack omega-3 ingredients. This gives manufacturers of omega-3 ingredients a great opportunity to fulfill dietary requirements.

Omega-3 ingredients can be extracted from various sources for instance animal source (algal, fungus oil, fish oil and krill oil) and plant sources (chia seed oil, sunflower oil, flax seed oil, hemp, soybean oil, canola oil, primrose oil, and camelina oil). Manufacturers are investing heavily in discovering novel source of omega-3 ingredients to gain competitive advantage.

Key Takeaways from the Omega-3 Ingredients Market Study

  • Omega-3 ingredients market is expected to register nearly 10.9% CAGR between 2021 and 2031
  • The U.S. will emerge as an attractive market, accounting for 78% of sales in North America
  • The EU5 has been exhibiting exceptional growth opportunities. FMI forecasts it to register nearly 10% Y-o-Y growth in 2021
  • Benelux and Nordic markets also will exhibit impressive growth within Europe market
  • China and India will continue exhibiting high demand for omega-3 ingredients

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“Manufacturers are focusing on improving production processes to meet high quality standards. Continuous research & development initiatives undertaken by market players are aimed at discovering alternate sources of omega-3 ingredients,” said a lead analyst at FMI.

Rising Vegan Population Fuelling Demand for Plant-Based Omega-3 Ingredients

A vegan diet does not include two essential omega-3 ingredients in their diet i.e., EPA and DHA as these are primarily derived from animal sources such as fish. As the vegan population is growing rapidly owing to increasing awareness, manufacturers are focusing on the production of omega-3 ingredients from the plant as the source. Manufacturers are striving to discover more such plant sources for omega-3 ingredients for supporting this growing segment of the population.

Rising Focus on Health Fuelling Demand for Omega-3 Ingredients

The increasing concern about health and wellness among the consumers has been fuelling the demand for nutraceutical and dietary supplements. Frequent product launches with multiple health benefits of omega-3 ingredients are among key market trends.

Europe currently holds around 37.0% of the global market. The rising incidence of various chronic ailments has been fuelling the demand in the U.S. Besides this increasing awareness about the health benefits of omega-3 ingredients has been spurring growth in Asia Pacific and the Middle East and Africa.

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Who is winning?

A few of the leading players operating in the omega-3 ingredients market are Croda International Plc, Omega Protein Corporation, Koninklijke DSM N.V., Cargill Inc., Epax Norway AS, GC Rieber Oils AS, Pharma Marine AS, Copeinca ASA, Arista Industries Inc., Polaris Nutritional Lipids, Clover Corp. Ltd., Marine Ingredients LLC, Barleans Organic Oils L.L.C., Algaecytes Limited, Qualitas Health, Cellana, Inc., Qponics Limited, BioProcess Algae, LLC, Luhua Biomarine (Shandong) Co., Ltd, Denomega Nutritional Oils, and other players.

Manufacturers of omega-3 ingredients are also strengthening their technology portfolio to improve quality of their products.

  • For instance, Omega Protein Corporation in 2017 has partnered with the Science Center for Marine Fisheries (SCeMFis), a cooperative research center for the production of omega-3 ingredients. Sensing the rising demand for omega-3 ingredients manufacturers are also increasing production quantity.
  • In January 2019, Cargill launches omega-3 ingredients for fish feed as they spot greater potential for farmed fish. Cargill is further developing supply chain for effective distribution of these omega-3 ingredients
  • In January 2019, Croda International Plc acquired Brenntag Biosector to strengthen its pharmaceutical offerings.

Get Valuable Insights into Omega-3 Ingredients Market

Future Market Insights, in its new offering, provides an unbiased analysis of the Omega-3 Ingredients market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the Omega-3 Ingredients market based on Product Type (Alpha-Linolenic Acid (ALA), Eicosapentaenoic Acid (EPA), and Docosahexaneoic Acid (DHA)), By Source (Animal-based, Plant-based), By Application (Food Industry, Beverage Industry, Dietary Supplements, Infant Formula, Pharmaceuticals & Nutraceutical Industry, and Animal Feed) across seven major regions (North America, Latin America, Europe, Asia Pacific, Oceania, Japan, and Middle East and Africa).

Summary

Omega-3 ingredients such as eicosapentaenoic acid (EPA), docosahexaenoic acid (DHA), and alpha-linolenic acid (ALA) are long-chain fatty acids that are essential for maintaining good health. Eicosapentaenoic acid (EPA), docosahexaenoic acid (DHA) are precursors for a group of eicosanoids such as thromboxanes, prostaglandins, and leukotrienes which plays an essential role in anti-inflammation, antithrombotic, antiarrhythmic, and vasodilation. According to the inclination of consumers, omega-3 ingredients can be extracted from animal-based as well as plant-based sources.

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

Powdered Cellulose Market 2021 is Estimated Drive the Industry Growth Across World in Coming Year 2031

Changing consumer diet style and sedentary lifestyles are often associated with concerns and diseases related to lifestyle changes. In order to overcome these problems, consumers are turning their attention to preventive healthcare and consuming nutritious foods and healthy diet for the benefit of their health and wellbeing. According to a Future Market Insights (FMI) report, changing consumer behaviour will result in high demand for powdered cellulose in the coming years. The study predicts the market’s valuation to surpass US$ 180 Mn by 2021.

Powdered cellulose is derived from various natural sources such as softwood/hardwood pulp, cotton linter, bamboo and many more in the list, which contains rich source of dietary fiber. Owing to the unique functionalities such as emulsifier, stabilizer, thickener and many other, powdered cellulose are significantly used in bakery products, frozen desserts, beverages, dairy products and more.

According to FMI, the food and beverages industry will emerge as the chief end user, accounting for a little below 22% sales register in 2021. Besides this, the rising demand from construction, pharmaceutical, and other industries will continue supporting the expansion of the market.

The FMI studies deeply into the dynamics to offer remarkable insights into powdered cellulose market. Some of these are:

  • Powdered cellulose market will register above 6% CAGR between 2021 and 2031
  • The U.S. has emerged as a key market, accounting for over 60% sales in North America
  • The increasing demand from various industries will enable the U.K. market exhibit a little below 4% y-o-y growth in 2021
  • The expansion of food and construction sectors will support growth in Germany and France
  • China will lead East Asia, thanks to the rising demand from the food industry

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“Higher focus on healthy eating have attracted attention towards ingredient list of food products. In general there is higher demand for food products containing ingredients derived from natural sources. This has resulted in increasing use of powdered cellulose as emulsifier and gelling agents in sauces and mixes. The demand for powdered cellulose will therefore continue increasing through the forecast period.” said a lead analyst at FMI

Application of Powdered Cellulose in the Construction Industry to Surge

Fine fibrous structure powdered cellulose consisting minerals and metallic oxides is finding increasing application in the construction sector. During the welding function powdered cellulose protect from oxidation. Therefore it helps to improve the stability and welding function.

Furthermore, owing the functionality as coating and gelling agent, powdered cellulose is used in tile adhesives, cement renders, putty powder, and others. Manufacturers are using powdered cellulose in various construction and welding materials because it improves the operation time. Increasing use in the construction sector will continue supporting expansion of the market.

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Who is winning?

Some of the key players operating in powdered cellulose market Jelu-Werk J. Ehrler GmbH & Co. KG, J. Rettenmaier & Söhne GmbH + Co KG, CFF GmbH & Co. KG, Mikro-Technik GmbH & Co KG, InterFiber Sp. Z.O.O, Ankit Pulps and Boards PVT. LTD., Accent Microcell Pvt. Ltd., Central Drug House (P) Ltd, NB Entrepreneurs, Natural Fiber Solutions and many others. These players are actively involving in changing market strategy, production capacity and other developments to gain competitive advantage.

For instance:

  • J. Rettenmaier & Söhne Company, installed its production and business plant in China in 2017.
  • In 2016, InterFiber expand its supplier network in Chicago and Philippines to expand its business operations

 

Get Valuable Insights into Powdered Cellulose Market

Future Market Insights, in its new report, presents an unbiased analysis of the global powdered cellulose market, covering historical demand data and forecast figures for the period between 2021 and 2031. The study divulges compelling insights into growth witnessed in the market. Based on the powdered cellulose market on basis of grade, has been classified as food grade, pharmaceutical grade and industrial grade. Based on functionality, powdered cellulose market are classified as thickener, stabilizer, emulsifier, gelling, coating agent and others. Based on source, powdered cellulose market is classified as soft and hard wood pulp, cotton linter pulp, bamboo, wheat straw pulp and other sources (oats, etc.). Based on end use, powdered cellulose market is classified as food & beverage industry, pharmaceuticals, cosmetics, construction industry, chemical industry, leather industry, textile industry, paper industry and others. Under food and beverage industry, powdered cellulose market further segmented as bakery & confectionery, meat & poultry product, sauces & dressings, beverages, processed food, dairy products and others. Regionally, powdered cellulose covers North America, Latin America, Europe, South Asia, East Asia, Oceania, MEA.

Powdered Cellulose market by category

Grade

  • Food Grade
  • Pharmaceutical Grade
  • Industrial Grade

Functionality

  • Thickener
  • Stabilizer
  • Emulsifier
  • Gelling
  • Coating Agent
  • Others

Source

  • Soft and Hard Wood Pulp
  • Cotton Linter Pulp
  • Bamboo
  • Wheat Straw Pulp
  • Other Sources (oats, etc.)

End Use

  • Food & Beverage Industry
    • Bakery & Confectionery
    • Meat & Poultry Product
    • Sauces & Dressings
    • Beverages
    • Processed Food
    • Dairy Products
    • Others
  • Pharmaceuticals
  • Cosmetics
  • Construction Industry
  • Chemical Industry
  • Leather Industry
  • Textile Industry
  • Paper Industry
  • Others

Cavendish Banana Market 2021 is Estimated Drive the Industry Growth Across World in Coming Year 2031

Change in consumers’ preference and increasing focus on health and wellness will favor sales of Cavendish banana. Nowadays consumers are engaged in a sedentary lifestyle and have little time to cook healthy food at home. As snacking and consuming comfort food have emerged as a more viable option, they are likely to look for a healthier alternatives. Future Market Insights (FMI) identifies this to be a key factor supporting growth of the Cavendish banana market in a new study.

According to the report, the Cavendish banana market is poised to surpass US$ 16.52 Bn by 2021. Consumers’ interest to stay fit they is making them adopt healthy eating habits is driving the market. Moreover, Cavendish banana are highly portable, easy to consume as well as available, making it a popular on-the-go snack.

Also, banana is a part of many ethnic cuisines in African, Latino, Pacific Island, and Asian countries, and Cuba, Puerto Rico, and other Caribbean islands. The large variety of ethnic foods derived from bananas, along with the increasing interest among global consumers in diverse, exotic cuisines, bode well for the Cavendish banana market.

Furthermore, with the rising sedentary lifestyle, there has been strong demand for highly nutritious products to fulfill dietary requirements. Coupled with the introduction of these nutritious foods as a superfood, manufacturers are developing novel products with innovative superfoods such as turmeric, banana, kiwi, and many more to provide exotic flavor as well as superior nutritious value.

Within the Cavendish banana market, conventional Cavendish banana will continue accounting for maximum sales in the market. According to the report, it will hold the dominant share of 92% in the market in 2021 in terms of value.

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Key Takeaways from the Cavendish banana Market Study

  • The global Cavendish banana market will register a CAGR of 4.2% in terms of value between 2021 and 2031. The Cavendish banana is consumed on a large scale due to its multifunctional benefits, a trend which is expected to continue through the forecast period
  • Rising demand for healthy on-the-go snacks will enable the U.S. account for over 87% of sales in North America in 2021
  • High spending power of consumers will enable the U.K. market to register over 6% y-o-y growth in 2021
  • Germany and France are expected to register increasing Cavendish banana within Europe
  • Expansion of hotel, restaurant, and café (HoReCa) sector will support growth in China, followed by South Korea and Japan

While farmers conventionally chose fertilizers and pesticides to improve yield, they are gradually shifting towards more sustainable practices. Reduced fertility and health concerns posed by these conventional methods have pushed farmers to explore more environmental-friendly methods. Also the consumer interest has tipped scales in favor of products with non-GMO certification, which will have a significant influence on farming practices undertaken to grow and cultivate Cavendish banana,” said a lead analyst at FMI.

The health benefits offered by the Cavendish banana is fueling the market demand. According to the World Health Organization (WHO), diarrhea is the second-largest cause of death in children under five years old. Each year, 525,000 children die from this disease. Malnutrition is the major cause of diarrhea.

Doctors and patients are more inclined towards the consumption of bananas in place of anti-diarrhea medications owing to the higher effectiveness of bananas even in cases of C. diff infection. The administration of bananas in diets has been helping patients to control diarrhea. Owing to this benefit, many pharmaceutical companies have come up with banana-related products to treat diarrhea. Hence, this health beneficial factor helps drive the demand for bananas from the pharmaceutical industry.

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Who is Winning?

To reduce the environmental impact and costs, players in the global Cavendish banana market are striving to reduce the usage of water. Throughout the supply chain of bananas, water has application in three main stages, i.e. cleaning of the fruit after harvest, pools holding bananas for selection, and lastly for removing latex.

It was noted that around 150 liters of water is needed to produce one box of bananas. Key players in the market like Dole’s New Millennium Packing Plant in Costa Rica have reduced the water consumption to 18 liters per box with the inclusion of water recycling techniques. Emerging players are expected to follow these trends in order to make their supply chain more environment-friendly and efficient.

A few of the leading players operating in the Cavendish banana market are: All Nippon Airways Trading Co Ltd., Exporganic S.A., DISCOVERY ORGANICS, Salix Fruits, Agroexport Carmita, Union de Bananeros de Uraba, GinaFruit S.A., Chiquita Brands International Sàrl, Dole Food Company, Fresh Del Monte Produce Incorporated, Pisum Food Services Private Limited, Reybanpac, Rey Banano del Pacífico C.A., and other players.

Get Valuable Insights into Cavendish banana Market

Future Market Insights, in its new offering, provides an unbiased analysis of the Cavendish banana Market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the Cavendish banana market based on Product Type (Organic Cavendish Banana, Conventional Cavendish Banana, Organic Fairtrade Cavendish Banana, and Conventional Fairtrade Cavendish Banana), Application (Food and Beverage Processing, Cosmetic and Personal Care, Pharmaceutical & Supplements, Animal Feed, Other Industrial, Foodservice (HoReCa), Household (Retail), and Sales Channel (Direct sales and Indirect Sales) across seven major regions.

Histoplasmosis Treatment Market is looking forward to grow at a higher rate in the forecast period of 2021-2031

Histoplasmosis Treatment Market Overview

Histoplasmosis Treatment market is looking forward to grow at a higher rate in the forecast period of 2021-2031.

The rising investment by the government and public organizations to provide better healthcare quality is expected to augment the market demand.

Furthermore, the increasing focus towards better healthcare system and the increasing geriatric populations, cancer cases and AIDS cases are the major drivers for the histoplasmosis market growth.

What is Driving Demand for Histoplasmosis Treatment Market

The demand for histoplasmosis treatment market has seen at a higher rate at a global level as there has increase in the number of chronic disease.

Furthermore, the rising ageing population and lack of hygiene is expected to drive the market. According to CDC 90% of the population in the US was infected as Histoplasmosis is common in the humid environment.

The incidence rate in adults about 65 years were in the ratio of 3.4 in 10,000 population. Globally, this disease is seen common in people with low immunity.

The demand of histoplasmosis treatment market is on to the higher rate as malignant cases are never ending. These reasons have said to be the driving factors for histoplasmosis market in the given forecast period 2021-2031.

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U.S. Histoplasmosis Treatment Market Outlook

U.S. is said to be the most dominating in terms of disease growth rate and will be the top one to boost the histoplasmosis treatment market.

This is due to the rising number in the malignant diseases, and immunocompromised patients.

According to CDC histoplasmosis is the commonest disease seen in HIV/ AIDS patients and due to their immunocompromised state 30% of them result in death.

This can be an opportunistic driving factor for the treatment market to grow. In addition, rising R&D and technological advancement in the region are some of the drivers of histoplasmosis treatment market.

Europe Demand Outlook for Histoplasmosis Treatment Market

The European market is considered the second largest market for histoplasmosis treatment at a global level.

The increasing focus on the healthcare facility, increase in the population of above 65 age group is likely to drive the market growth. Furthermore, the growing chronic diseases which diminishes the immunity of a person and AIDS in the region are boosting the demand for histoplasmois treatment market.

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Who are the Key Manufacturers and Suppliers of Histoplasmosis treatment market.

Some of the key players operating in the Histoplasmosis Treatment Market are

  • Bristol Myers Squibb
  • Sigma tau pharmaceuticals Inc.
  • Three rivers pharmaceuticals
  • Astellas pharma US Inc.
  • Abbott laboratories
  • Abraxis pharmaceutical products
  • Teva parenteral medicines Inc.
  •  X gen pharmaceuticals Inc.
  • Middle East and Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

The report also maps the qualitative impact of various market factors on market segments and geographies.

Histoplasmosis Treatment 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

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Key Segment

By Product Type:

  • Amphotericin B
  • Itraconazole
  • Ketoconazole
  • Others

By Application:

  • Hospitals Pharmacies
  • Private clinics
  • Drug stores and retail pharmacy
  • E-commerce

By Region

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

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

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Automated Microbial Detection Systems Market 2022 Outlook, Current and Future Industry Landscape Analysis 2028

Automated Microbial Detection Systems Market Overview

Market Outlook

A number of infectious diseases and the increasing number of resistant strains of microorganisms lead to the development of microbial detection kits. However these traditional methods of culturing and then identification is time consuming. Automated microbial detection systems is one solution for this problem. Using these systems the detection process of microorganisms can be done within a few minutes of culturing and the results could be available within a couple of hours. Automated microbial detection systems are automated tools used for the detection of key contaminant microorganisms. These methods allow for preventive controls and faster testing. The results could be obtained within a few hours using the automated microbial detection systems, when compared to the traditional culturing methods.

A number of large and small players provide automated microbial detection systems. Some of them include Thermo Fisher Scientific, Lonza, Pall Corporation, MediRay, BioMeriux and MIDI Inc.

Market Dynamics of Automated Microbial Detection Systems Market

A number of factors drive the growth of the automated microbial detection systems market. Some of these include the increase in incidence of infectious diseases that are coupled with epidemic and pandemic events that occur every year. Increasing food safety concerns is another factor that drives the growth of the automated microbial detection system market. Technology advancements and government initiatives to aid the development of the market further. However, high cost of automated microbial detection systems and complex regulatory framework slightly hinder the growth of the automated microbial detection systems market.

Genotypic Methods are Popularizing

When genotypic methods are applied for the identification of microorganisms it results in specie-specific fingerprints. The genotypic methods of automated microbial detection systems are fast and reliable. New genotypic methods include the use of microchips coated with an array of oligonucleotides that allows rapid identification, by the determination of patterns or sequences that are specific to an organism. DNA sequencing and biochemical sequencing coupled with fluorescent analysis of the product is also being developed for automation.

Automated Microbial Detection Systems in Diagnostic Laboratories

Diagnostic laboratories culture different kinds of samples such as blood and urine for diagnosis of infectious diseases. With the traditional method of culturing and testing the results could take days and the patient may be in distress until then. There is a need to reduce the time required for the detection process. This can be achieved by the use of automated microbial detection systems.

Automated Microbial Detection Systems Market by Technology

automated microbial detection systems market

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Regional Market Outlook

Although North America will continue to hold the largest share in the automated microbial detection systems market, Asia-Pacific is expected to grow with the largest CAGR.  The continued focus of the major player towards emerging and Asian countries as well as due to the support of the government in these region leads to development of the automated microbial detection systems market in the region.

Research Methodology

FMI utilizes a triangulation methodology that is primarily based on experimental techniques such as patient-level data, number of procedures and capital equipment install base to obtain precise market estimations and insights on various medical devices and medical technology. Bottom-up approach is always used to obtain insightful data for the specific country/regions. The country specific data is again analysed to derive data at a global level. This methodology ensures high quality and accuracy of information.

Secondary research is used at the initial phase to identify the feasibility of the target products/technology categories and its respective segments, product offerings, usage pattern as per disease indications, product installed base in target healthcare facilities, life span of a device, reimbursement scenario, adoption rate and future impact of new technologies.

Each piece of information is eventually analysed during the entire research project which builds a strong base for the primary research information.

Primary research participants include demand-side users such as key opinion leaders, physicians, surgeons, and supply-side providers of medical devices who provide valuable insights on trends, key treatment patterns, adoption rate, and purchasing pattern, technological development of medical devices, patient education, effectiveness of manufacturers and important strategies, pricing and competitive dynamics.

Quantitative and qualitative assessment of basic factors driving demand, economic factors/cycles and growth rates and strategies utilized by key players in the market is analysed in detail while forecasting, in order to project Year-on-Year growth rates. These Y-o-Y growth projections are checked and aligned as per industry/product lifecycle and further utilized to develop market numbers at a holistic level.

On the other hand, we also analyse various companies annual reports, investor presentations, SEC filings, 10k reports and press release operating in this market segment to fetch substantial information about the market size, trends, opportunity, drivers, restraints and to analyse key players and their market shares. Key companies are segmented at Tier level based on their revenues, product portfolio and presence.

Please note that these are the partial steps that are being followed while developing the market size. Besides this, forecasting will be done based on our internal proprietary model which also uses different macro-economic factors such as per capita healthcare expenditure, disposable income, industry based demand driving factors impacting the market and its forecast trends apart from disease related factors.

Key data points covered in report

The report covers exhaustive analysis on:

  • Automated Microbial Detection Systems Market by technology, end user and region
  • Regional level market analysis of North America, Latin America, Europe, Asia Pacific, Middle East & Africa by technology, end use segments and country
  • Automated Microbial Detection Systems Market Dynamics & Opportunity Assessment
  • Historical Actual Market Size, 2013 – 2017
  • Automated Microbial Detection Systems Market Size & Forecast 2018-2028
  • Automated Microbial Detection Systems Market Trends/Issues/Challenges
  • Competition & Companies involved
Market Segmentation

By Technology

  • Phenotypic Methods
  • Genotypic Methods

By End user

  • Pharmaceutical and Biotechnology Industry
  • Food & Beverages Industries
  • Water & Environment Industries
  • Diagnostic Laboratories
  • Blood Banks
  • Hospitals
  • Others

By Region

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

Report Highlights:

  • Shifting industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size, recent industry trends
  • Key competition landscape, market structure, regulatory scenario
  • Economical spending, regional healthcare outlook, consumer healthcare expenditure
  • Strategies for key players and product offerings, channel strategies, regional foot print, channel footprint
  • A neutral perspective towards market performance in terms of value