Radiation Toxicity Treatment Market value of US$ 5.5 Billion by the end of forecast period (2022 – 2029) and further experience a major upturn post 2029

[194 Pages Report] The rise in installation of radiation therapy machines to treat a wide range of cancers further uplifts the probability of radiation toxicity in cancer patients. Future Market Insights (FMI), in its new study on the global radiation toxicity treatment market, foresees that the market will reach the value of US$ 5.5 Bn by the end of forecast period (2022 – 2029) and further experience a major upturn post 2029.

Installed base of internal radiation therapy machines has tremendously increased over the past decade. Improving reimbursement scenario and favorable government policy framework in the field of cancer care are adding to the accessibility of radiation therapy, thereby favoring the growth of radiation toxicity treatment market.

The study suggests that notable players in Asia Pacific will continue to invest heavily in the development of new radiation therapies, in line with the increasing cancer prevalence and improving rate of diagnosis in the region.

global radiation toxicity treatment market

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Market Outlook:

Data Points Market Insights
Market Value 2022 USD 3.76 Bn
Market Value 2029 USD 5.58 Bn
CAGR 2022-2029 5.8%
Share of Top 5 Countries 57.4%
Key Players The key players in radiation toxicity treatment market are Amgen, Jubilant Life Sciences, Siegfried Holdings , Heyl Chemisch-pharmazeutische Fabrik GmbH & Co. KG, Recipharm AB, Mission Pharmacal Company, Partner Therapeutics, Inc., Novartis AG, Mylan NV

Rising incidence of radiation toxicity in healthcare and chemicals industries continues to push the demand for effective treatment. Another important factor complementing the market growth includes recent FDA approvals to multiple orphan drugs that are proven to effectively increase the survival rate in adult and paediatric patients who are suffering from radiation sickness. These application areas continue to create growth opportunities in the radiation toxicity treatment market.

Key Takeaways – Radiation Toxicity Treatment Market Study

  • Increasing adoption of colony stimulating factors such as Neulasta from Amgen will account for more than 75% of revenue share in the radiation toxicity treatment market through 2029 end.
  • Attributed to high incidences of radiation toxicity due to emission of gamma radiation from positron emission tomography (PET) and single-photon emission computed tomography (SPECT) scanners installed at hospitals and diagnostic centers, non-ionizing radiation is also set to offer lucrative opportunity to market participants.
  • North America continues to lead its way in the radiation toxicity treatment market, while South Asia is foreseen to grow at a significant rate in the near future.

Who Is Winning?

Some of the key players operating in the radiation toxicity treatment market include Amgen Inc., Partner Therapeutics, Mylan N.V., and Novartis AG. Leading players of the radiation toxicity treatment market are focusing on acquiring smaller companies to enhance their product portfolio and improve regional market positioning.

For instance, Siegfried Group announced the acquisition of drug product manufacturing facility together with all related employees and contracts from Arena Pharmaceuticals GmbH in Zofingen, Switzerland. Also, in 2018, Partner Therapeutics (PTx) acquired global rights to develop, manufacture, and commercialize Leukine (sargramostim) from Sanofi.

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Know More About the Report

Radiation toxicity treatment market, a new study from future market insights, opines on the evolution of the radiation toxicity treatment market from 2014 – 2021 and presents demand projections from 2022 – 2029 on the basis of; product type (colony stimulating factors, potassium iodide, prussian blue, diethylenetriamine pentaacetic acid, and others), indication (acute radiation syndrome and chronic radiation syndrome), radiation type (ionizing radiation and non-ionizing radiation) and end user (hospitals and research & academic institutes) across seven prominent regions.

Radiation toxicity treatment Market by Category

By Product :

  • Colony Stimulating Factors
  • Potassium Iodide
  • Prussian Blue
  • Diethylenetriamine Pentaacetic Acid
  • Others

By Indication :

  •  Acute Radiation Syndrome
    • Bone Marrow Syndrome (Hematopoietic)
    • Gastrointestinal Syndrome (GI)
    • Cardiovascular (CV)
  • Chronic Radiation Syndrome

By Radiation Type :

  • Ionizing Radiation
    • Alpha Radiation
    • Beta Radiation
    • Gamma Radiation
  • Non-ionizing Radiation

By End-User :

  • Hospitals
    • Government Hospitals
    • Private Hospitals
  • Research & Academic Institutes
    • Government Research and Academic Institutes
    • Private Research and Academic Institutes

By Region :

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

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Food Grade Phosphate Market 2022 | Present Scenario and Growth Prospects 2027

Rapid consumer shift to high-health-quo food products has been identified to be the key factor affecting the performance of global food grade phosphates market over the next decade. In addition to escalating consumer preference for naturally-sourced food ingredients, increasing demand for minimal content of chemical components in processed food products will continue to curb the demand for food grade phosphates in the near future. A recently published intelligence outlook by Future Market Insights projects sluggish growth prospects for the global food grade phosphates market at an estimated CAGR of 2.1% over the 10-year forecast period, i.e. 2017-2027.

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“The global revenue of food grade phosphates market is likely to surpass a value worth US$ 29.5 Bn by the end of 2027,” quotes an F&B expert research analyst at FMI.

Ascending popularity of convenient processed foods can hardly forestall the decline of food grade phosphates market

Although the recent market scenario reflects growing sales of mineral-rich, functional, and fortified food products, FMI predicts that the overall growth of food grade phosphates will remain lethargic throughout the assessment tenure. Research points at immense diversity in convenience food products such as ready-to-eat (RTE) foods and ready-to-drink (RTD) beverages that consume a sizeable volume of food grade phosphates a major ingredient. Moreover, there exists a wide spectrum of food products display across retail formats, pushing the demand for food grade phosphates further.

The food processing industry has been generating consistent demand for food grade phosphates over the years – as a conventional agent for thickening, stabilization, and texture development. FMI estimates passive growth for the global food grade phosphates market, which is likely to be supported by sustained consumption of food grade phosphates by food processors. However, wide availability and sustained tendency of both manufacturers and consumers to prefer natural ingredients will remain the major roadblock to market growth over the next decade.

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Retail shelves adopting packaged foods with healthy phosphate ingredients may slightly uplift market scenario

Manufacturers are taking efforts in R&D of food grade phosphates with specific health benefits to appeal to an expanding consumer base seeking health and wellness through food. Moreover, retail players are expected to extend their offerings to include healthy processed foods that contain phosphates with health benefits. Some of the global retail leaders including Walmart Stores, Inc., Tesco PLC, Kroger Company, and Carrefour have already geared up in the game of enhancing their food products display – selling packaged foods that contain a plethora of ingredients such as additives. This will possibly fuel the demand for food grade phosphates in the near future.

Asia Pacific to remain high-potential regional market with relatively

Food grade phosphate manufacturers are concentrating on strategies to expand within developing economies in the Asia Pacific rim to cater to increasing demand for phosphates from agriculture, food, and feed industries. The regional analysis of global food grade phosphates market concludes that Asia Pacific (excluding Japan) will continue to represent the most attractive growth opportunities to market stakeholders. However, although APEJ is anticipated to monopolize the food grade phosphates market with more than 60% value share through 2027, the overall regional market performance will continue to remain declining. According to FMI, emerging markets in APEJ hold immense growth potential but are strongly facing the challenges to growth due to the availability of a myriad alternate ingredients over food grade phosphates.

Key participants in the global food grade phosphates market landscape are foreseen to capitalize on existing opportunities for production capacity expansion in developing regional markets, as it may help them slash overall production costs for additional competitive advantage in terms of pricing and delivery. On other side, food grade phosphates are presumed to witness a slight uptake in North America’s market in the near future. Europe will however represent a passive market for food grade phosphates, as over three-fourth of European population already prefers foods that are devoid of any artificial additives or ingredients.

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Baobab Powder Market 2022 | Scope of Current and Future Industry 2027

The global market baobab powder is anticipated to witness robust growth during the assessment period. In a new report titled ‘Baobab Powder Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017–2027),’ Future Market Insights studies the factors driving the popularity and adoption of baobab powder across the globe. Consumers today are becoming aware about the benefits of baobab powder, which in turn is surging the demand for baobab powder based products such as cereals and bars. Due to the fact that baobab powder has numerous skin benefits, it is used as an ingredient in various anti-ageing creams and helps protect the skin against high or low temperatures, rejuvenates the skin cells, moisturizes the skin and prevents damage from free radicals. Also, as baobab powder is a rich source of calcium and potassium, it is also found in products such as cereals, bars and jellies. Owing to its wide ranging beneficial properties, the consumption of baobab powder is growing across the globe.

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Segmental forecast of the global baobab powder market

The global baobab powder is segmented on the basis of product type (organic baobab powder, conventional baobab powder), end use (industrial, retail), sales channel (direct sales, indirect sales) and region.

Forecast by Product Type: Organic baobab powder segment is expected to register the highest CAGR during the forecast period. The organic baobab powder segment is estimated to be valued at US$ 8,544.2 Mn by 2027 end and is expected to expand at a CAGR of 6.5% over the forecast period.

Forecast by End Use: The retail segment is estimated to account for the highest value share of 65.2% in 2017 and is projected to reach a market valuation of US$ 6,545.1 Mn by 2027 end, registering a CAGR of 6.3% over the forecast period.

Forecast by Sales Channel: The indirect segment is estimated to account for the highest value share of 75.4% in 2017. This segment is estimated to be valued at US$ 7,602.1 Mn by 2027 end and is expected to expand at a CAGR of 6.3% over the forecast period.

Forecast by Region: North America followed by Western Europe will be the leading markets in the global baobab powder market with an anticipated value share of about 30% and 25% respectively by the end of 2027. North America will witness the highest regional CAGR of 6.8% during the forecast period.

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Global Baobab Powder Market Forecast 2017-2027

Future Market Insights predicts the global baobab market to be valued at about US$ 5,483 Mn by the end of 2017 and will continue to grow at a CAGR of 6.2% during the period of study to reach a market valuation of about US$ 10,004 Mn by the end of the forecast period.

Competitive Landscape

The report profiles some of the top companies operating in the global baobab powder market including EcoProducts, Baobab Fruit Company Senegal, B’Ayoba (Pvt) Ltd, Organic Africa, Aduna Limited, Etude House, Woodland Foods, Powbab Inc, ATACORA, Halka B. Organics, Indigo Herbs LTD and Organic Burst UK Ltd. Companies are focussing on addressing customer centric product demand by expanding their product portfolio and introducing a variety of products in the global market. Suppliers are entering into long-term contracts with baobab products manufacturers to avoid increase in product prices, and baobab manufacturers are also benefitting from these long-term contracts with suppliers as it helps them sustain their operations.

Key Questions Answered in the Report

What is the outlook of baobab powder market?

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Biologic Excipients Market reflecting a cumulative CAGR of 3.4% over the forecast period (2022-2028) according to Future Market Insights (FMI)

biologic excipients

Global Biologic Excipients Market: Dynamics

Growth of the global biologic excipients market is primarily driven by rising global demand for medicines, greater uptake of biologics driving demand for parenteral formulations, increasing acquisition of contract research organisations, patent expiration of major blockbuster drugs, growing adoption of advanced drug delivery technologies, increasing research in pediatric formulations, growing demand for extended-release or sustained release formulations, increasing demand for oral solid drug formulations, rising demand from emerging economies pushing local drug production, and increasing per capita healthcare expenditure.

However, lack of proper data documentation on gras status of excipients, regulatory audits restricting supply capacity, regulatory hurdles detering novel excipient development, and stability testing of excipients imposing cost liabilities on drug manufacturers are some factors expected to hamper the growth of the global biologic excipients market over the forecast period.

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A key trend witnessed in the biologic excipients market is increasing adoption of continuous processing of biologic excipients, dependence of large drug manufacturers on in-house biologic excipients production, vast proportion of imported excipients leading to production delays, and regulatory harmonisation with respect to gradation of excipients. Furthermore, the growing importance of developing biologic excipients by big players in order to enhance their product portfolio, growing importance for manufacturing authorisation, growing market for topical and parenteral applications and compulsory licensing promoting demand for biologic excipients are the key trends likely to be witnessed in the global biologic excipients market.

Global Biologic Excipients Market: Regional Analysis

The North America regional market is projected to dominate the global biologic excipients market, accounting for a maximum revenue share of the global market by 2021 end. The North America, Western Europe, and Asia Pacific markets accounted for 77.3% of the total biologic excipients market share in terms of value in 2021. Revenue from the market in APEJ is estimated to expand at a CAGR of 4.2% over the forecast period.

Some of the key players featured in this report on the global biologic excipients market include BASF Corporation, FMC Corporation, Wacker Chemie AG, Evonik Industries AG, Ashland Global Holdings Inc., Archer-Daniels-Midland Co., Roquette Freres S.A., The Dow Chemical Company, Colorcon Inc., Signet Chemical Co. Pvt. Ltd. This report discusses the individual strategies followed by these companies regarding bringing improvements in their products, creating new manufacturing facilities, market consolidation and advanced R&D initiatives. The report concludes with key takeaways for players already present in the market and new players planning to enter the market.

Biologic Excipients Market by Category

Excipient Type:

  • Polymers
  • Sugar Alcohols
  • Polysorbates
  • Inorganic Salts
  • Amino Acids
  • Surfactants
  • Others

By End User:

  • Biopharmaceutical Manufacturers
  • Contract Research Organizations/Contract Manufacturing Organizations
  • Research Organizations
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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.

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Aquafeed Market 2022 Outlook, Current and Future Industry Landscape Analysis 2027

A US$ 50 Bn market, the global aquafeed market has been largely concentrated in the APEJ region for over two decades, owing to a large supply of fresh water in the region and a thriving aquaculture market. While North America will continue to witness significant growth during the forecast period, the MEA market is slated to display great potential in the coming years, owing to a cheap labour force and a large production of the fish tilapia in Egypt. In terms of volume, the APEJ regional market is estimated to be pegged at 21.5 million metric tonnes in 2017 and this is expected to reach almost 40 million metric tonnes by the end of 2027, registering a CAGR of 6.3% in terms of volume. North America will witness a CAGR of 5.6% in terms of volume during the decadal study 2017 – 2027.

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Segmental forecast of the global aquafeed market

The global aquafeed market is segmented on the basis of species (Crustaceans, Fishes, Others); form (Extruded, Powder, Liquid, Pellets); function (Health, Digestibility, Palatability, Special Nutrition); ingredients (Marine, Land Animal, Veg/Grain, Carotenoid, Nutrients, Others); and sales channel (Direct Sales, Indirect Sales, Hyper/Supermarket, Wholesalers, Speciality Stores, Online, Other Retail Formats).

aquafeed-market

  • The Extruded form type will likely dominate the global aquafeed market in terms of market share – from an estimated 45% value share in 2017 to slightly over 50% by the end of 2027, the segment will record an impressive increase of about 492 basis points in market share. Pellets is likely to hold the second position by form in the global market.
  • Fishes segment by species will remain dominant through 2027 with about 50% market share estimated to be held in 2017 and remaining consistent throughout the forecast period. This segment will also record the highest CAGR.
  • Vegetable/Grains ingredients segment is expected to show tremendous growth over the forecast period. This segment is poised to witness a growth rate of 6.6% during the forecast period.
  • By function, the Digestibility segment will hold high market value share throughout the forecast period – over 30% share of the global market by the end of the forecast period, with an increase of about 138 basis points over the 2017 value share. This segment will register a CAGR of 6.4% in terms of value followed by the Health segment at 6.3% CAGR.
  • Direct Sales will remain the favourite segment by sales channel and will hold over 60% of the market share throughout the forecast period. This segment is anticipated to be valued at over US$ 30 Bn in 2017.

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Global Aquafeed Market Forecast 2017 – 2027

The new report by Future Market Insights titled “Aquafeed Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” forecasts the global aquafeed market to be valued at about US$ 50 Bn by the end of 2017 and will continue to grow at a CAGR of 5.9% during the period of study to reach a market valuation of about US$ 86 Bn by the end of the forecast period.

Competitive landscape

The report profiles some of the top companies operating in the global aquafeed market including Cargill Inc., Koninklijke DSM N.V., BENEO GmbH, Sonac B.V, ADM, Novus International, Biomin Holding GmbH, Nutriad NV, Alltech Inc., Norel SA, Cermaq, Skretting, Aller Aqua A/S, Clextral, Dibaq, Biomar, Zeigler Bros., Inc., Ridley Corporation Limited, Nutreco N.V., and INVE Aquaculture Inc. Major aquafeed manufacturers in developed and emerging economies are focussing on functional features enhancement in their aquafeed using ingredients that focus on digestibility factors.

Key Questions Answered in the Report

  • What is the aquafeed market?

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Aircraft EMI Shielding Market Comprehensive Shares, Historical Trends and Forecast By 2032

There has been an imperative need for emi shielding in the military and other aerospace applications. With growing advancements in the wireless technology and increased signal sensitivity in devices, there has been a greater demand for shielding in the avionic equipment. The electromagnetic interference caused by induction or outside radiation may affect the electrical circuit of the aircraft. Electromagnetic interference can cause temporary and permanent disruption in the circuit components. The electric fields induced may be intentional or unintentional but is a major problem for advanced devices and degrade or fully destroy the avionic equipment. Thus there has been a greater need of aircraft emi shielding to save the electronics and also prevent severe accidents which might occur due to electronic interference between pilot and the connecting tower. The shielding of devices has not only reduced emi emissions but also has led to increased performance. Various parameters need to be gauged to evaluate the effectiveness of the shielding such as material of the shield, thickness, frequency and distance of the shield.

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Global Aircraft EMI Shielding Market Dynamics

Aircraft EMI Shielding Market Drivers

The growing regulations for emi shielding by the aircraft authorities for safety has led increase in manufacturers focus on use of emi shielding. The growing use of wireless technologies and electronics in the aircrafts is projected to boost the demand for aircraft emi shielding over the forecast period. The up cycle in aircraft production and new orders will drive the demand for aircraft emi shielding. The existing aircraft fleet has also created rise in demand for aircraft emi shielding and is being deployed in terms of cable up gradation and others. The growing MRO budget is expected to generate opportunities for aircraft emi shielding over the forecast period.

Aircraft EMI Shielding Market Restraints

One of the major challenge faced by the global Aircraft EMI Shielding market is the additional cost associated with the deployment of such products or materials is a major challenge for manufacturers. However, the manufacturers are focusing on improving efficiency and reducing cost of production

Aircraft EMI Shielding Market Trends

In order to win an edge over the other players in the market, the manufacturers are focusing on entering in long term collaborations with the aircraft OEM’s. This ensures reliability and expansion of their distribution network.

The manufacturers are also offering integrated services along with various emi shielding products and materials. This has also been a prolonged trend in the industry.

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Global Aircraft EMI Shielding Market: Regional Outlook

In terms of regional perspective, North America and Europe are anticipated to lead the global demand for aircraft emi shielding. This is attributed to the stringent regulations prevailing in the regions. Asia Pacific with rising aircraft fleet and aircraft production is also anticipated to generate significant growth opportunities. This region is anticipated to witness relatively higher growth rate. Middle East and Africa is projected to hold significant share in the global aircraft emi shielding market. Latin America is projected to be a low volume high growth region. Japan is expected to witness moderate demand for aircraft emi shielding.

Global Aircraft EMI Shielding Market Participants

Some of the market participants identified across the value chain of global Aircraft EMI Shielding market are:

  • Glenair, Inc
  • Parker Hannifin Corporation (Chomerics Division)
  • W. L. Gore & Associates, Inc.
  • The 3M Company
  • Laird Plc
  • PPG Industries, Inc.
  • Simotec (Thailand) Co. Ltd.
  • HEICO Corporation
  • Henkel AG & Co. KGaA
  • RTP Company

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

The report Aircraft EMI Shielding covers exhaustive analysis on:

  • Aircraft EMI Shielding Market Segments
  • Aircraft EMI Shielding Market Dynamics
  • Aircraft EMI Shielding Market Size
  • Aircraft EMI Shielding Supply & Demand
  • Aircraft EMI Shielding Current Trends/Issues/Challenges
  • Aircraft EMI Shielding Competition & Companies involved
  • Aircraft EMI Shielding Technology
  • Aircraft EMI Shielding 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 Aircraft EMI Shieldingis 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 Aircraft EMI Shieldingprovides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report Aircraft EMI Shieldingalso maps the qualitative impact of various market factors on Aircraft EMI Shieldingmarket segments and geographies.

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Global Aircraft EMI Shielding Market Segmentation

The global Aircraft EMI Shielding market can be segmented on the basis of platform type, material type, product type, location type, sales channel and region

On the basis of application, the global Aircraft EMI Shielding market can be segmented as:

  • Commercial aircrafts
  • Private Aircrafts
  • Military/defense aircrafts
  • Others

On the basis of platform type, the global Aircraft EMI Shielding market can be segmented as:

  • Fixed wing platform
  • Rotary wing platform

On the basis of aircraft type, the global Aircraft EMI Shielding market can be segmented as:

  • Narrow Body
  • Wide Body
  • Regional jet
  • Turboprop

On the basis of product type, the global aircraft emi shielding market can be segmented as:

  • Gaskets
  • Cable over braids
  • Laminates, Tapes and foils
  • Paints and coatings
  • Others

On the basis of location type, the global aircraft emi shielding market can be segmented as:

  • Electronic bay
  • Airframe
  • Flight deck
  • Antenna

On the basis of sales channel, the global aircraft emi shielding market can be segmented as:

  • OEM
  • Aftermarket

Report Highlights:

  • Aircraft EMI Shieldingdetailed overview of parent market
  • Aircraft EMI Shieldingchanging market dynamics in the industry
  • Aircraft EMI Shieldingin-depth market segmentation
  • Aircraft EMI Shieldinghistorical, current, and projected market size in terms of volume and value
  • Aircraft EMI Shieldingrecent industry trends and developments
  • Aircraft EMI Shieldingcompetitive landscape
  • Aircraft EMI Shieldingstrategies of key players and products offered
  • Aircraft EMI Shieldingmarket 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 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.

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Respiratory Devices Market to grow at 9.1% CAGR during the forecast period of 2021-2031

[250 Pages Report] Rising prevalence of chronic obstructive pulmonary disease (COPD) and obstructive sleep apnea has been increasing the demand for respiratory devices. Future Market Insights (FMI) in a new study has forecast the market to continue exhibiting high demand through 2031. While 2020 has proven exceptionally crucial to the market, growth will remain positive 2021 onwards, despite declining a little in comparison to remarkable sales recorded in 2020 amid COVID-19 outbreak.

Increasing prevalence of sleep disorders, especially in the U.S. and other European countries, creates lucrative growth opportunities for the sleep testing respiratory devices market. According to the National Healthy Sleep Awareness Project, around 25 million adults in the U.S. were suffering from sleep apnea.  Continuous focus on the market introduction of technologically advanced respiratory devices such as nebulizers, pulse oximeters and spirometers is expected to drive the respiratory devices market growth during the forecast period.

“Continuous technological assessment for the development of respiratory devices with greater accuracy and growing adoption of portable and wearable respiratory devices are projected to propel the growth of the global respiratory devices market,” said an FMI Analyst.

respiratory devices market key region and product mekko chart

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Growing preference for smart or wearable respiratory devices over general respiratory devices in developed countries also creates a significant opportunity for global market players operating in the respiratory devices market. Adoption of portable devices for neonatal and adults suffering respiratory diseases is growing respiratory devices demand. For instance, Patients suffering from chronic respiratory diseases require continuous oxygen supply. A portable oxygen concentrator has several other benefits such as lightweight, small shape and easy to carry, which makes it the best choice of device.

Hospitals are likely to remain chief end users of respiratory devices. They have been relentlessly offering patient care amid COVID-19 outbreak. Even as numbers of COVID-19 patients soared, healthcare centers around the world pushed through challenges to offer required care. Hospitals therefore accounted for a little above 40% of respiratory devices sold in 2020. By 2031, the number of respiratory devices sold in hospitals is expected to rise further.

Key Takeaways of Respiratory Devices Market Study

  • Respiratory devices market will exhibit impressive growth through 2031. The market is forecast to exhibit 9.3% CAGR in 2021
  • U.S. will remain the most lucrative market, accounting for almost 87% of respiratory devices sold in North America
  • UK will exhibit impressive Y-o-Y growth at 10.5% in 2021
  • Germany and France will continue exhibiting high demand for respiratory devices
  • China and Korea will remain bright spots in East Asia market, however, Japan will remain dominant through the forecast period

Partnerships to Develop New Products – Imperative Strategy for Market PlayersLeading manufacturers of the respiratory inhaler are focusing on strategic partnerships with software and digital companies to serve the selected population. Besides, such collaborations also help manufacturers improve their distribution channels as well as to launch their products. For instance, In June 2020, Medtronic plc entered into a partnership with Foxconn Industrial Internet to begin manufacturing Medtronic’s Puritan Bennett 560 (PB560) ventilators in the United States.

Similarly, Smith’s Medical has signed a distribution partnership with Medline Industries for distribution of the Portex acapella, a vibratory PEP therapy device to focus on the non-acute and home care channels in 2019.

What else is in the report?Future market insights offer a unique perspective and actionable insights on Respiratory Devices market in its latest study, presenting historical demand assessment from 2016 – 2020 and projections from 2021–2031 based on product type (Respiratory Consumables, Nebulizers, Oxygen Concentrators, Positive Airway Pressure (PAP) Devices, Polysomnography Devices, Pulse Oximeters, Mechanical Ventilators, Spirometers), by end-users (hospitals, ambulatory surgical centres, clinics, long term care centres and others) in seven key regions.

Respiratory Devices Market – Key SegmentsProduct

  • Respiratory Consumables
    • Respiratory Mask
    • Nasal Cannulas
    • Oxygen Tubing Sets
    • Breathing Filters
  • Nebulizers
    • Compressed Jet Nebulizers
    • Ultrasonic Nebulizers
  • Oxygen Concentrators
    • Home Oxygen Concentrators
    • Portable Oxygen
    • Concentrators`
  • Positive Airway Pressure (PAP) Devices
  • Polysomnography Devices
    • Ambulatory PSG Devices
    • Clinical PSG Devices
  • Pulse Oximeters
  • Mechanical Ventilators
  • Spirometers

End Users

  • Hospitals
  • Ambulatory Surgical Centers
  • Clinics
  • Long Term Care Centers
  • Others

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Region

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

Food Waste Management Market 2022 | Current and Future Demand, Analysis, Growth and Forecast By 2032

The sales of food waste management market are estimated to be valued at US$ 62.6 Bn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach US$ 116.4 Bn by 2032, rising at a CAGR of 6.4% for 2022-32.

Food waste refers to any sort of uneaten or abandoned food, whether liquid or solid. Food waste management is the collection of all activities and actions that take this waste from its inception to its final disposal. Food waste management includes actions such as collection, treatment, and disposal of food items.

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food waste management market

Food loss and spoilage have increased, prompting a reevaluation of resource utilization and sustainability. Governments and groups are working to reduce regional and local waste while also raising consumer awareness of the consequences of food waste. Furthermore, rising living costs, a scarcity of resources, and rising raw material costs are pressuring businesses and consumers to cut waste.

Key Takeaways – Food Waste Management Market Study

  • The food waste prevention segment is expected to rank relatively high on the attractiveness index in the global food waste management market. In 2022, the food prevention segment is anticipated to dominate the market.
  • Food loss and wastage occurs at each node of the supply chain, from primary production to final end consumption.
  • According to FMI survey, it is observed that around 85% to 90% of the overall food wasted in the developing economies is in the supply chain, including producers, processors, distributors, transportation & logistics, and retailer levels. In developing economies, food loss usually occurs in the earlier stages of the supply chain as a result of limited technology, inadequate infrastructural facilities, unfavorable climatic conditions, and insufficient processing and lack of marketing.
  • In contrast, developed economies witness food losses and wastage to a substantial extent at the downstream stages of the supply chain.
  • In 2019, food processing wastes is estimated to dominate the food waste management market by waste type.
  • Rising preference for animal food production from food waste is expected gain traction in the food waste management market in the foreseeable future. Animal Feed, followed by fertilizers, are anticipated to remain the largest end-use segment globally during the forecast period.
  • Increase in promotional activities and investments in renewable energy generation are leading to the growing market prospects for food waste management in North America. High demand for renewable energy and development in infrastructure encourages new players operating in recycling and processing food waste market.

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Players in the food waste management market could strengthen their positions by introducing services in the rural areas where the concentration of food waste management companies is relatively low.

Technological Developments to Enhance Prospects for Food Waste Management Organizations

Increasing participation of small and mid-size enterprises in the global food waste management market provides opportunities for innovation in services offered by waste management companies. Through the development of innovative technologies such as shelf-life extension technology, companies operating in the food waste management market are able to expand their global footprint by leveraging the regulatory implications.

Know More About What the Report Covers

Future Market Insights, in its new offering, offers an unbiased analysis of the global food waste management market, presenting historical demand data (2012-2021) and forecast statistics for the period from 2022-2027. The study divulges compelling insights on the food waste management market based on the service (prevention, collection, transfer, recycling, and landfill), waste type (food production wastes, food processing wastes, distribution and supply chain wastes, retail wastes, and consumption wastes), and end-use (animal feed, fertilizer, renewable energy & biofuels, and others) across seven major regions.

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Transfer Paper Market Estimated to Record Highest CAGR by 2032

Transfer paper is generally a thin piece of paper which is coated with pigment and wax. The transfer paper is generally used in order to imprint an image on the fabrics. The introduction of the transfer paper in the market has enabled to provide a variety of designs in the clothing as per the consumer requirements. The image is printed on the transfer papers using heat press machine. The process of imprinting an image on the transfer paper is carried out by various methods of printing. Inkjet method is a commonly used method for printing an image on the transfer paper. Inkjet method is used by various small and local businessmen for printing images on the transfer paper. The transfer papers are applied in various garments depending on the nature of fabrics used in making them. The transfer paper is used in the elastic fabrics which are used in making sportswear.  The natural fabrics such as silk, cotton or wool also use the transfer papers owing to the trends going in the textile and clothing market.The transfer of image from the transfer papers to the fabrics can be done using the heat press or home irons. Laser, lithography and sublimation among others are the methods used in the printing of images on the transfer papers over the garments. The methods such as lithography are relatively costlier compared to other methods of printing transfer papers

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Market Dynamics

The growth in the textile industry owing to the increase in the demand from the growing population and changing lifestyle is expected to drive the transfer paper sales in coming years. The transfer papers are expected to gain a traction in near future owing to the lower costs of transfer papers and the printing machines. The high concentration of local manufacturers in developing countries is expected to accelerate the demand for the transfer papers in coming years.

Low cost of storage of designs on transfer paper as compared to the designs on textiles is expected to add in the growth of the transfer papers market. The use of transfer papers in the short run productions over the direct printing is expected to set a trend in the market. Transfer paper printing gets expensive and time consuming for the large quantity printing which in turn is expected to hamper the market growth of transfer papers in near future.

Regional Outlook

North America region is expected to drive the transfer paper market in coming years. The higher adoptability of changing trends of clothing in North America region is expected to be key driving force for the growth of transfer paper sales in the region. The Europe region has a well-established textile industry growing moderately. The moderate growth of textile industry in Europe region is expected to drive the sales of transfer paper in coming years. Latin America is expected to drive the sales of transfer paper owing to the growing textile industry in Peru. The availability of unique fibers in the region will drive the textile industry in the region. The growth of textile industry in Latin America is expected to create platform for the sales growth of transfer paper in near future.

Asia is expected to provide a lucrative opportunity for the growth of transfer papers in coming years. The growth of textile industry in the region especially in India and China and the increasing population of Asia is expected to create a huge demand for the garments in coming years. The growth in the demand for the garments is thus expected to have a positive impact on the growth of transfer paper market.

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List of Participants

The participants involve in the transfer paper market are listed below:

  • Fillauer LLC
  • Neenah performance Materials
  • Felix Schoeller Group
  • Atul Paper Pvt. Ltd.
  • GI Paper Coaters
  • Pudumjee Paper Products
  • Sublitex
  • One Step Papers LLC
  • Guangzhou Elephant Digital Technology Co., Ltd

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

The transfer papers market research report covers exhaustive analysis on:

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

Regional analysis includes:              

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordics)
  • Eastern Europe (Russia, Poland, CIS)
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The transfer papers market research 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 Transfer papers market research report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Transfer papers market research report also maps the qualitative impact of various market factors on market segments and geographies.

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Market Segmentation

The transfer paper market is segmented on the following basis:

Transfer paper market by method of printing:

  • Laser
  • Inkjet
  • Lithography
  • Sublimation
  • Solvent Based

Transfer paper market by end use:

  • Elastic Fibers
  • Natural Fibers

Transfer papers market research 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 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.

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Ophthalmic Eye Drops Market is expected to growing at a CAGR of 4.1% during the forecast period of 2020-2030

[227 Pages Report]COVID-19 pandemic is expected to negatively impact the ophthalmic eye drops market. Significant reduction in physician office visits and subsequent decline in the number of prescriptions and OTC eye drop purchases are expected to hamper the market growth during the COVID-19 pandemic. Speedy vaccination programs against COVID are expected to enable market recovery in the coming 1-2 years.

Increasing number of post-operative eye infections, emergence of new pathogens and poor eye hygiene practices are increasing the prevalence of eye infections worldwide. With the incidence unlikely to reduce anytime soon, Future Market Insights (FMI) in a study has reported the demand for ophthalmic eye drops to rise at above 5% CAGR between 2021 and 2031.

The National Ambulatory Medical Care Survey indicated that Americans made more than 4 million visits to ambulatory physicians for bacterial conjunctivitis in 2005. Approximately 70% of patients with acute conjunctivitis present to primary and urgent care providers, which accounts for 1% of all primary care office visits. Adenoviruses account for 65 to 90% of cases of viral conjunctivitis.

The soaring cases of eye infections have been driving ophthalmic eye drops sales. While the report presents positive outlook for growth, ongoing restrictions amid COVID-19 outbreak might hamper sales.

New eye drop product launches, branded as well as generic, are expected to be hampered in the short term due to disruptions in the supply chain, delayed pipeline research and development and shift in the priority of leading healthcare companies to COVID-19 vaccine and treatment developments.

According to the report, institutional sales of ophthalmic eye drops will rise considerably in the coming years. It will account for over half of ophthalmic eye drops sold through the forecast period.

“Increasing prevalence of eye infections, technological advancements, and high risk of infections from increasing use of contact lens are expected to boost the growth of the ophthalmic eye drops market.” says the FMI Analyst

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ophthalmic eye drops market key regions and process type mekko chart, 2021

Key Takeaways from Ophthalmic Eye Drops Market Study

  • Ophthalmic eye drops market will expand consistently to surpass a valuation of US$ 15 Bn by 2021
  • The U.S. holds over 92.1% share of the North American market, but Canada is projected to expand faster at around 4.0% CAGR
  • Rising cases of eye infection will drive sales in the U.K., enabling it register 3.9% y-o-y growth in 2021
  • Rising willingness to spend on advanced eye care will drive sales in Germany and France
  • Expansion of the healthcare sector will emerge as chief growth driver in China and Japan. Both countries will exhibit high demand for dilation drops

Due to their increasingly active lifestyle and desire for better aesthetics, many people are shifting to contact lenses. However, many ocular infections are associated with the use of contact lenses. Each year in the United States, approximately 1 million eye infections occur related primarily to keratitis, a fungal infection of the cornea, and contact lens infections account for estimated direct costs of $175 million. In addition, 40.9 million U.S. adults wear contact lenses, and 99% of 4,269 contact-lens wearers were reported at least one contact lens – related hygiene behavior associated with an increased risk for eye infection or inflammation. Nearly a million eye infections requiring a trip to the doctor happen each year, many of them related to contact lens use.

Who is Winning?

The top players are focusing on increasing acquisitions at the regional level. Acquisitions empower the company with products and increase the company’s portfolio. The company acquires other players to possess well-established products and solutions that are expected to become a good revenue source for the acquirer. Acquisitions also enable the company to enter new emerging markets as well as enhance their presence in existing markets. Furthermore, key market players such as Novartis and Gerresheimer AG are focusing on the expansion of their market reach in different regions. For example-

  • In November 2020, Gerresheimer Regensburg announced that it is expanding its production area in Germany. The company has planned the expansion of its production capacity in small batch production, as a result of increasing development projects for pharmaceutical and medical technology products.
  • In November 2019, Sandoz announced that it has entered into a binding agreement for the planned acquisition of the Japanese business of Aspen Global Incorporated (AGI), a wholly owned subsidiary of Aspen Pharmacare Holdings Limited, strengthening its position in the world’s third largest generics market.

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Some of the key market players covered by FMI include Novartis AG, Bausch & Lomb, Akorn, Inc., Biomedica, AdvaCare Pharma, C2 PHARMA, Kraeber GmbH, Iskon Remedies, HANSHIN GROUP, Berry Global Inc., Nolato AB, Bormioli Pharma, WG Pro-Manufacturing Inc., Gerresheimer AG, Adelphi Healthcare Packaging, Aptar Group Inc., and Amcor Plc.

Ophthalmic Eye Drops Market by CategoryDrug Class

  • Anesthetic Drops
  • Dilation Drops
  • Glaucoma Drops
  • Steroid Drops
  • Antibiotic Drops
  • Others (Antihistamine, Lubricants Tear Drops)

Indication

  • Dry Eye
  • Eye Allergy
  • Glaucoma
  • Eye Infection
  • Retinal Disorders
    • Macular Degeneration
    • Diabetic Retinopathy
    • Others
  • Uveitis
  • Others

Drug Formulation

  • With Preservative
  • Preservative Free

Container Type

  • Single Dose Container
  • Multiple-Dose Container

Distribution Channel

  • Institutional Sales
    • Hospitals
    • Community Clinics
    • Ophthalmic Clinics
    •  Public Health Agencies
    • Veterinary Hospitals & Clinics
  • Retail Sales
    • Retail Pharmacies
    •  Drug Stores

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Region

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

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.

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/