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

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

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

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

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

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

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

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

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

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

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

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

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

The research report presents a comprehensive assessment of the market and contains thoughtful insights facts historical data and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies application and industry.

Regional analysis includes:

  • North America (U.S. Canada)
  • Latin America (Mexico. Brazil)
  • Europe (Germany U.K France Italy Spain)
  • South Asia (India ASEAN Countries)
  • East Asia (Japan China & South Korea)
  • Oceania (Australia & New Zealand)
  • Middle East and Africa (GCC Countries South Africa Northern Africa)
    The report is a compilation of first-hand information qualitative and quantitative assessment by industry analysts inputs from industry experts and industry participants across the value chain.

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

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

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

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

Nucleic acid electrophoresis and blotting is technique is used to separate nucleic acid molecules and identify specific fragments based. In electrophoresis, charged particles of nucleic acid are separated into DNA, RNA and proteins by its size or charge.

In nucleic acid electrophoresis and blotting method charged molecules are transported through solvent by an applied electric field for molecules to migrate towards the oppositely charged electrode. Nucleic acid electrophoresis and blotting procedure has clinical application in detecting the presence of specific protein in a complex mixture of protein in the body.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Regional analysis for nucleic acid electrophoresis and blotting market includes

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

 Report on nucleic acid electrophoresis and blotting market highlights:

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

Key Segments

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

electrophoresis type:

  • Gel
  • Capillary

application:

  • Research and Development
  • Diagnostic
  • Others

end-users:

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

Synthetic Leather Are Expected To Reach US$ 34.1 Bn Through 2021

Future Market Insights (FMI) has forecast the global synthetic leather market to register year-on-year growth of 4.50% in 2021. Sales of synthetic leather are expected to reach US$ 34.1 Bn, surpassing 40,119 KT by the same year.

Synthetic leathers are versatile in terms of application and are used in manufacturing of footwear, furnishings, garments, and luxury items. Increasing demand for synthetic leather can be attributed to mounting concerns regarding the environmental impact of natural leather and changing consumer preference towards animal free and vegan products.

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Stringent animal cruelty regulation, growing awareness regarding various attributes of synthetic leather, and increasing price of natural leathers are key factors driving the market throughout the assessment period.

Superior physical and functional properties of synthetic leather over traditional leather and increasing research and development undertaken to discover cost effective alternatives to natural leather will play a key role in boosting the demand for synthetic leather, says FMI.

Automotive industry is gradually transitioning from natural leather to lightweight synthetic leather interiors. Due to increasing demand for lightweight automobiles, sales of synthetic leather are expected to growth significantly over the forecast period.

Lightweight vehicles consume less fuel and offer more mileage, thus contribute in reducing carbon dioxide emission. Research and development has identified a direct correlation between fuel economy and vehicle weight.

This has compelled automotive manufacturers towards reducing curb weight of the automobile and pushed them to adopt lightweight synthetic leather for manufacturing of vehicle seat, doors, dashboard, and steering covers.

Thus top original equipment manufacturers are adopting lighter materials in vehicles, spurring the demand for synthetic leather in automotive industry.

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Key Takeaways from FMI’s Synthetic Leather Market Study

  • Increasing demand for vegan and bio-based synthetic leather for bags and sportswear manufacturing along with increasing sales of mobile and laptop protective covers in U.S. will assist the North America synthetic leather market to grow at 3.70% CAGR through 2031.
  • Synthetic leather sales in Europe is forecast to increase at 3.60% CAGR during the assessment period, backed by booming fashion and automotive industries in Western Europe region and growing awareness regarding negative impact of leather tanning on environment among the population.
  • India will offer significant growth opportunities in synthetic leather market due to increasing sales of designer footwear and stringent government regulations towards processing of natural leather.
  • Argentina is forecast to lead the synthetic leather market in Latin America owing to high demand for calfskin leather alternatives, increasing export of leather products, and strong economic growth in the country.
  • Japan will hold around 11% of the global market share in 2021. Sales uptick can be attributed to increasing production and export of synthetic leather from the country.

 “Gradual recovery of global economy post pandemic, rising awareness regarding animal cruelty, and focus on reducing the carbon footprint in fashion industry will fuel the demand for synthetic leather during the forecast period,” says the FMI analyst.

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Competitive Landscape

According to FMI, the global synthetic leather market is fairly consolidated, in which leading players account for two fifth of the market value share as of 2021.  Emergence of new start-ups and regional players is expected to make market highly competitive in upcoming years.

Top market players are adopting organic growth strategies such as the introduction of new and advanced materials to strengthen their position in this evolving market. For instance, in September 2020, Gordini launched “Clutch™ Synthetic Leather” which is an excellent alternative to natural leather and is claimed to outperform traditional leather.

Natural Fiber Welding Inc. introduced its first 100% plant based leather called “Mirum” in Bio-Based Summit 2021. This synthetic leather is made from recycled cotton, hemp, natural rubber, cork and vegetable oil. This leads to reducing carbon impact by 40% and 17X less carbon emission than plastic based synthetic leather.

Manufacturers are forming strategic partnerships and collaboration to gain market advantage and survive in this highly competitive market. For instance, in 2021, Natural Fiber Welding Inc. (NFW) joined hands with San Francisco-based footwear brand Allbirds for developing bio-based synthetic leather and reduce its prices.

Allbirds invested around US$ 2 Mn in NFW to boost the production of plant based leather and eradicate fossil fuel-based materials from the fashion industry.

Prominent players operating in the synthetic leather market are:-

  • Kolon Industries Inc.
  • Mayur Uniquoters Ltd.
  • Gruppo Mastrotto S.p.A.
  • Alfatex.
  • Achilles Corp.
  • Teijin Limited
  • Nan Ya Plastics Corporation
  • Asahi Kasei Corporation
  • Toray Group Kuraray Co., Ltd.
  • Daewon Chemical Co Ltd.
  • Leather Resource Of America Inc.
  • Comfort Int’l Co., Ltd
  • Sheng Hung Industrial Co. Ltd.
  • Plastics Elche S.A

Fine Hydrate Market Key Insights, Profiling Companies and Growth Strategies by 2031

As per a recent study by FMI, the global fine hydrate market is estimated to reach US$ 371.6 Mn in 2021. Increasing use of fine hydrate as fillers in cables & wires, cross-linked elastomers, insulation, polyester resins, and epoxy resins is propelling the demand in the market.

Historically, the fine hydrate market grew at 2.7% CAGR between 2016 and 2020. However, rising adoption of fine hydrate in the production of engineered plastic and thermoplastics is fueling the demand in the market.

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Hence, increasing demand for these plastics across automotive and consumer electronics, owing to their lightweight and durability is anticipated to boost the market. As per FMI, the market is poised to expand at 7.2% CAGR during the forecast period from 2021 and 2031.

Further, fine hydrates are non-toxic, halogen-free, non-corrosive, and excellent flame retardant which imparts at relatively high temperatures. Attributed to these properties, they are finding a wide range of applications in paints and coatings, adhesives, fire hydrants, varnishes, and polyvinyl chloride (PVC) sectors, which is in turn, boosting the market.

In addition to this, increasing use of fine hydrate as a substitute to titanium dioxide in the production of pigments is estimated to accelerate the sales at year-over-year growth of 7.40% through 2021.

Based on applications, the cable compound is projected to remain the dominant segment in the market for the assessment period. Surging applications of fine hydrates in insulating and jacketing compounds for wires with varying voltage requirements are favoring the growth in the segment.

“With the introduction of nanotechnology, key players in the market are emphasizing on introducing novel product using fine hydrates and nanoclays to reduce the flammability of matrices and enhance the quality of non-halogenic fire retardants. This is expected to accelerate the growth in the market in forthcoming years,” says a FMI analyst.

Key Takeaways from Fine Hydrate Market Study

  • Sales in North America are estimated to rise at 5.20% CAGR owing to the increasing application in the paints & coatings and plastic polymers sector in the U.S.
  • Europe fine hydrate market is poised to expand at 6.4% CAGR between 2021 and 2031, favored by surging demand for engineered plastic across the automotive sector in Germany.
  • China is anticipated to account for the largest demand share in the East Asia market, on the back of expansion of consumer electronics industry.
  • South Korea and Japan are projected to emerge as a highly lucrative market, collectively accounting for nearly 6.90% of the total fine hydrate sales in 2021.
  • India is forecast to hold a significant share in the South Asia market, driven by the growing adoption of fire retardant across the construction sector.

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Key Drivers

  • Suring demand for fire retardants in electrical and electronic devices such as computers, mobile phones, laptops, and household appliances is increasing the sales of fine hydrate across the consumer electronics industry.
  • Increasing use of fine hydrate in wires and cables owing its optimal flame retardance and low smoke generation properties is propelling the demand in the cable compounds segment.

Key Restraints

  • High cost of fine hydrate and availability of substitutes such as magnesium hydroxide and zinc hydroxystannate (ZHS) is hindering the sales in the market.
  • Implementation of stringent regulations regarding the use of chemical-based flame retardants such as fine hydrates is hampering the growth in the market.

Competitive Landscape

As per FMI, leading players operating in the global fine hydrate market are Huber Engineered Materials, Nabaltec AG, Hindalco Industries Ltd., Aluminum Corporation of China Ltd., and Suimoto Chemicals Co. Ltd. As per FMI, these companies are projected to account for around 55% to 60% of the total market share in 2021.

Key manufacturers are aiming at collaborations, mergers, acquisitions, joint ventures and partnerships to expand their production facilities. To gain a competitive edge in the market, some of the players are investing in research and development (R&D) activities to improve their product portfolios. For instance,

  • In May 2021, Huber Corporation announced entering into an agreement with a leading supplier of refractory products, RHI Magnesita (RHIM) to acquire 50% stake of the companies’ 50/50 joint venture, MAGNIFIN Magnesiaprodukte GmbH & Co. KG. As per the acquisition, MAGNIFIN, as a part of Martinswerk will now became a part of the Huber Corporation. This will assist the company to provide a wide range of halogen-free products for smoke suppression and fire retardant applications.
  • In December 2020, Hindalco Industries Limited, an Indian aluminium and copper manufacturing company, announced its expansion of its production capacity by opening a new extrusion plant at Silvassa, India. The new plant will increasing the production by 34,000 Tons to service the fast-growing market for extruded aluminum products in the southern and western regions.

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Some of the key players operating in the market profiled by FMI are:

  • Nabaltec AG
  • Huber Engineered Materials
  • Hindalco Industries Limited
  • Sumitomo Chemical Co. Ltd.
  • Alumina Castables & Chemicals Private Limited
  • Aluminium Corporation of China Limited (CHALCO)
  • JINAN CHENXU CHEMICAL CO., LTD.
  • Henan Kingway Chemicals Co., Ltd.
  • Others

More Valuable Insights on Fine Hydrate Market

The latest report by FMI provides a detailed analysis of the global fine hydrate market, providing credible insights into key factor driving the market through 2021 and beyond. The study also disclosed growth projections on in fine hydrate market with detailed segmentation:

By Application:

  • Cable Compounds
  • Sheet Molding Compounds
  • Bulk Molding Compounds
  • Others

Region:

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

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Key Questions Covered in the Report

  • The report offers insight into fine hydrate market demand outlook for the forecast period 2021-2031
  • The market study also highlights projected sales growth for fine hydrate market between 2021 and 2031
  • Fine hydrate market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
  • Fine hydrate market share analysis, covering key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

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

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

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

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

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

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

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

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

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

Non-Invasive Respiratory Monitoring Market 2022 Outlook, Current and Future Industry Landscape Analysis 2031

According to the latest research by the Future Market Insight, The Non-Invasive Respiratory Monitoring market is set to witness a Soaring growth in the forecast period 2021-2031 at a CCAGR of 8%. Respiratory monitoring device has wide range of application in all diseases related to respiration. 

In the developing world the air is getting polluted at a high rate due to this may breathing problems occurs to the citizens worldwide. In fact, respiratory diseases are listed in the world’s biggest health concerns, causing one-sixth of all deaths globally. These reasons signifies the soaring growth of the market in forecast period globally .

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What is Driving Demand for Respiratory Monitoring Market?

The growing rate of respiratory disease globally due to the developments going on worldwide drives the market demand in the coming period. Factors such as highly accurate, rapid, and effective results produced by the Respiratory monitoring devices fuel the growth of the market.

The Increasing prevalence of asthma and chronic obstructive pulmonary diseases (COPDs) are some of the major factors driving the demand for respiratory monitoring devices.

The Covid-19 pandemic became the major factor responsible for the bullish growth in the market. Increasing efforts to introduce new technologies, sensors which are capable of providing accurate measurement on respiration rate.

COVID-19 Pandemic Likely to Augment Demand of Non-Invasive Respiratory Monitoring Market.

Covid-19 pandemic had a disastrous effect on citizens worldwide. The pandemic had a direct impact on the respiratory system of humans, In this period of covid-19  pandemic the manufacturers introduced new technology called pulse oximeter, which gives the accurate result for pulse rate and oxygen level in blood with the help of sensors, hence the covid-19 pandemic had a positive impact on the market as the demand for the respiratory monitoring devices increased at a high rate which helped in booming the market.

U.S. and Canada Non-Invasive Respiratory Monitoring Market Outlook

North American region holds the largest share in the respiratory monitoring devices. The factor responsible for the large share in segment are, the high awareness about Oximeters, spirometers and plethysmographs, economic capability to purchase expensive machines in large number, prevalence of respiratory diseases, rising demand for technologically advanced and innovative products in hospitals, diagnostic laboratories, home care , and outpatient ambulatory surgery centers and presence of well established companies in the region.

Europe & Asia pacific Demand & Outlook for Non-Invasive Respiratory Monitoring Market.

Europe holds the second largest share in the market, the factors responsible for the same are, the Highest Covid-19 cases which led in the highest demand of the respiratory monitoring market, The presence of established companies and developing companies boosts the demand of market.

Asia pacific is predicted to be the fastest developing region as the heath care expenditure is increasing year on year, the population is increasing, number of emerging companies is increasing every year, the introduction of new technologies boosts the demand of the market.

Who are the Key Manufacturers and Suppliers of Non-Invasive Respiratory Monitoring Products?

According to FMI Analysis,

  • VYAIRE (CareFusion Corporation)
  • Smith & nephew
  • GENERAL ELECTRIC
  • ResMed
  • Masimo
  • COSMED srl
  • MGC Diagnostics Corporation
  • Koninklijke Philips N.V.
  • Medtronic, and Teleflex Incorporated
  • Nihon Kohden Corporation
  • Novelda AS
  • Welch Allyn, Inc. (Hill-Rom Holdings, Inc.)

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are identified as the key players of the Non-invasive respiratory monitoring market.

Masimo Corporation introduces Root Patient monitoring and connectivity platform in September 2020.

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.

Non-Invasive Respiratory Monitoring 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
Key Segments 

By Product:

  • Spirometer
  • pulse oximeter
  • peak flow meter
  • capnographs

By End Users:

  • Hospitals
  • Clinics
  • Home care

By Region:

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

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

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

Developing Regions More Prone to Obesity & Other Comorbidities

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

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

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

Key Players:

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

Key Vendors Targeting Extension of Product Portfolio

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

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

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

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

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

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

Additional Questions Answered

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

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

Segmentation

On the basis of product type

  • drugs
  • devices

On the basis of distribution sales

  • institutional sales
  • retail sales

On the basis of geographical

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

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About Future Market Insights (FMI)

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

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

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

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

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

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

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Prosthetic Wrist to Hold over One-Fourth Market Share

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

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

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

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

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

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

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

Biogas Market Key Opportunity, Analysis, Growth, Trends 2031

As per a Future Market Insights (FMI), the global biogas market is projected to grow at a steady 6.80% CAGR over the forecast period from 2021 to 2031. The overall market size is expected to top US$ 61.2 Bn by 2031, with the U.S., Germany, India, and China emerging as key producers and exporters of biogas.

Shifting focus on renewable sources of energy to reduce fossil fuel dependency is a chief factor driving sales of biogas across various countries. In addition to this, governments in several countries are promoting the adoption of biogas as vehicular fuel, which is expected to augment growth of the market through 2031.

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Sales prospects of biogas were dampened due to COVID-19 outbreak. However, with resumption in trade activities, recovery of the biogas market is on cards. FMI has projected demand for biogas to grow year-over-year by 7.10% globally between 2020 and 2021.

The introduction of circular economy and increasing utilization of anaerobic digestion plants for biogas production are expected to emerge as lucrative trends in the biogas market. A circular economy promotes the reintroduction of wastes in the supply chain, improves waste management, and provides essential lipids for biogas production.

Apart from this, increasing adoption of biogas as vehicular fuel is also expected to fuel growth of the market. Countries such as Germany, Sweden, the U.K., and the U.S. are actively investing in biogas as an alternative to biofuels. This, in turn, is expected to push sales of biogas over the assessment period.

“Growing demand for biogas for household cooking applications, along with government-backed subsidies encouraging the usage of biogas in emerging economies are expected to bode well for the global biogas market through 2031,” says an FMI analyst.

Key Takeaways:

  • Based on source, the municipal segment is expected to expand at a steady pace over the forecast period, due to increasing utilization of municipal solid waste (MSW) for biogas production.
  • In terms of applications, sales of biogas in the electricity segment are projected to continue rising in response to growing demand for renewable sources of energy.
  • The U.S. will emerge as a lucrative biogas market, with sales growing at a 6.10% CAGR in the North America region.
  • Germany will continue exhibiting high demand for biogas due to stringent regulations regarding carbon neutrality. The Europe biogas market is poised to grow at a 5.90% CAGR through 2031.
  • China is expected to remain one of the key producers and exporters of biogas, accounting for a dominant share of the global biogas market.
  • Japan and South Korea will collectively account for 7.40% of the total biogas market share in 2021.

Competitive Landscape

Air Liquide, Wartsila, EnviTech Biogas AG, Asia Biogas, SCANDINAVIAN BIOGAS FUELS INTERNATIONAL AB, Schmack Biogas GmbH, Swedish Biogas International AB, PlanET Biogas Global GmbH, S. P. Renewable Energy Source Pvt. Ltd, Agrinz Technologies GmbH, and Greenlane Biogas are among the leading players operating in the global biogas market.

As per FMI’s analysis, top 5 players comprising Total SA, Air Liquide, Wartsila, Planet Biogas Global GmbH, and EnviTec Biogas AG are projected to hold around 27.10% of the total biogas market share in 2021.

Leading players operating in the biogas market are focusing on production facility expansions through mergers, acquisitions, and collaborations. This is expected to assist manufacturers in gaining a competitive edge in the market. For instance:

  • In October 2021, EnviTech Biogas AG announced a strategic collaboration with BALANCE Erneuerbane Energien GmBH to build a bio-LNG (liquified natural gas) liquefication plant in Germany.
  • In December 2020, Scandinavian Biogas Fuels International AB, a key producer of biogas in the Nordics, announced that it has finalized the acquisition of Ekdalens Biostransport AB. The acquisition is a part of Scandinavian Biogas’s plans to achieve greater integration across the entire value chain, from organic waste to biogas and bio-fertilizers.

 

More Insights into the Biogas Market Report

In its latest report, FMI offers an unbiased analysis of the global biogas 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 source (agriculture, municipal, industrial, and others), and applications (electricity, heat, vehicle fuel, and others) across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

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

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

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

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

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

High-Frequency Product Type Gaining Colossal Traction

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

Preview Analysis Global Gastric Electric Stimulators Market Segmentation By Product Type (High Frequency GES Devices, Low Frequency GES Devices); By Indication (Gastroparesis, Obesity, Refractory Nausea, Others); By End User (Hospitals, Outpatients Centers): https://www.futuremarketinsights.com/reports/gastric-electric-stimulators-market

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

North America Gastric Electric Stimulators Market Remains Lucrative

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

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

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