Ophthalmic Tonometers Market size is expected to reach US$ 445.5 Million by the end of 2030

Driven by recent technological advancements and rising cases of diabetes the ophthalmic tonometers market is forecast to expand considerably. According to Future Market Insights (FMI), the global ophthalmic tonometers market size is expected to reach US$ 445.5 Mn by the end of 2030.

As per the National Diabetes Report 2020 by CDC, 10.5 % of the U.S. population are diabetic. As a result a large portion of the population is prone to glaucoma. Ophthalmic tonometers are widely used by eye-specialists for eye test to check for the risk of glaucoma and hence the market growth is increasing in the present scenario.

Though the recent COVID-19 pandemic is affecting the current year market revenue, the global ophthalmic tonometers market is expected to grow further over the forecast period. The rising focus towards health and willingness to spend on advanced healthcare will enable growth in the market.

The FMI report offers an in-depth and unbiased analysis of the global ophthalmic tonometers market during the forecast period.

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Some of the key takeaways from the report are given below –

  • The global ophthalmic tonometers market value is anticipated to grow by 4.8% CAGR during the forecast period from the year 2020 to 2030
  • Due to the rising cases of diabetes around the world, people are getting more vulnerable to glaucoma resulting in increased market demand
  • The advent of substitutes to measure intraocular pressure is expected to come in the way of market growth in the coming years
  • The increase in disposable prism development to minimize the infection spread while administering glaucoma patients will cater to the market demand in coming years
  • The increased awareness among people for earlier diagnosis and routine monitoring of intraocular pressure (IOP) to prevent permanent vision loss is expected to catalyze the market growth

Rising Demand for Advanced Technologies across Healthcare Facilities

As the key end-user industries such as hospitals, ophthalmic diagnostic centers and others are getting equipped with modern facilities, growth witnessed by the market is expected to continue throughout the forecast period. Also, the advent of disposable prism to prevent the diagnosis-related infection, is catering to the market growth.

Being an integral part of ophthalmic treatment, tonometers have evolved significantly over the years starting from a desktop held device to a smart handheld one.  In order to measure the intraocular pressure for precise diagnosis for eye treatment, ophthalmic tonometers are utterly important and as a result the market demand is getting sky-high gradually.

Impressive growth exhibited by the ophthalmic tonometers market will creative lucrative prospects for companies operating therein. To capitalize on it key market players such as Nidek, Jorgensen Laboratories, Topcon, Photon Surgical Systems Ltd., and others are launching advanced products along with adopting long-term strategic plans.

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Why Future Market Insights?

• Comprehensive analysis on evolving purchase pattern across different geographies
• Detailed insights of market segments and sub-segments for historical as well as forecast period
• A competitive analysis of prominent players and emerging players in the keyword market
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

About FMI:

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

Contact Us:

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
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Website: https://www.futuremarketinsights.com

Citrus Flavours Market to surpass US$ 4,931.5 Million by 2031, growing at a CAGR of 5.2% for 2021-2031

The clean label movement is broadening its scope to include products that can be linked to health benefits. The term “clean label” has been used in the food industry for many years, but it is now used as a catchphrase to attract modern-day consumers. Clean label has now become the norm, with consumers demanding to know everything about the products, from their origins to their benefits. As a result of this trend, manufacturers are stepping up their clean label game and introducing more products with less complexity, greater transparency, and simplistic ingredients.

Key Takeaways from the Citrus Flavors Market Study:

  • The Europe lead in terms of market size and account for 25.3% of the global citrus flavors market in 2021. A significant number of consumers in Europe have developed an interest in purchasing clean label food products, which provide a diverse range of naturally derived ingredients, thereby driving demand for citrus flavors. Manufacturers are offering products free of artificial flavorings and gradually shifting toward natural ingredients in order to meet the growing demand for citrus flavors.
  • Consumption of citrus flavors is more in powder form than liquid as it is has increased demand from various end use industries applications such as bakery & confectionery, dairy products, and powdered beverages. The powder form of citrus flavors is accounted for a market share of 57.6% in 2021 of the global market.
  • In application segment, beverages segment is accounted for significant share of 55% of the global citrus flavors market, which is also expected to witness lucrative growth rate of a CAGR 4.7% during the forecast period (2021-2031).

“Gone are the days when consumers made decisions based on what companies told them; now is the time of the modern-day smart consumer, who makes decisions based on the trust of their consumer peers rather than marketing gimmicks. Smart consumers today expect a premium experience from their products, whether in terms of presentation or taste. Convenient-innovative-and-sustainable packaging, vibrant colors, fortified-enriched ingredients, a strong label game, and exotic flavors are expected to capture the attention of consumers.” Said a lead analyst at FMI

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Pervasive digitization of the path to purchase and last-mile deliveryThe convergence of artificial intelligence and flavor science is expected to transform the global food industry. Manufacturers are developing technologies that can predict flavor combinations, as well as tools that can add solutions to some of the food industry’s critical challenges, ranging from the “Internet of Food” to machine learning. Advances in the field will allow the food industry to drastically improve flavor formulation and product development. The use of a digital thread can enable the calculation of a product’s nutritional profile, the finalization of recipes in the lab, the monitoring of the entire supply chain, and the tracking of ingredient sourcing from different providers all the way to the consumer.

Multi-Sensory ExperienceCustomers are increasingly interested in having a multisensory experience when they consume food and beverages. Consumers prefer food products that are visually appealing, have a pleasant odor when opened, and provide a satisfying taste when consumed. Manufacturers are also demonstrating an interest in developing technological advances that focus on an understanding of the multisensory influences on flavor perception in order to improve the design of human–food interactions.

Among the sensory systems, visual and mouth feel are the most valued by consumers and have a significant impact on product selection. Citrus fruits have the widest range of taste variances of any fruit category. As a result, manufacturers are using citrus flavors in their products to catch the attention of consumers.

Who is winning?Some of the leading companies offering citrus flavors are Givuadan SA, International Flavors and Fragrances, Symrise AG, Sensient Technologies Corporation, Takasago International Corporation, Firmenich SA, Dohler AG, Kerry Group, ADM, Mane Group, R.C.Treatt & Co. Ltd., Trilogy Ingredients Inc., Lionel Hitchen Limited, Citromax Flavors, Flavors Producer

To increase market penetration in untapped markets, major companies are implementing a variety of aggressive strategies, such as introducing innovative and clean label citrus flavors and partnering with and acquiring local manufacturers.

Get Valuable Insights into hydrolysed vegetable protein market Future Market Insights, in its new offering, provides an unbiased analysis of the citrus flavors market presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the citrus flavors market based on form (powder, paste and liquid), by product type (natural and synthetic), and by application (sweet, dairy, savory, beverages and others) across seven major regions.

Summary:The global citrus flavors market is primarily characterized by fragmentation, with a large number of tier 1 players, including multinational, regional, and local players. When compared to other regions, Europe, Asia Pacific, and North America have a relatively high concentration of citrus flavors manufacturers, with a 50-55% share. The market’s key players are focusing on developing better and more influential advertisements for these lesser-known and accepted products, specifically targeting the millennial population via the internet and various e-commerce platforms.

Citrus Flavors Market by CategoryBy Product Type:

  • Natural
    • Orange
    • Lemon
    • Lime
    • Grapefruit
    • Mandarin/Tangerine
    • Others (Blood Orange, Key Lime, Bergamot, etc)

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By Application:

  • Sweet
    • Bakery
    • Confectionery
    • Breakfast Cereals
  • Dairy
  • Savory
    • Soups, Sauces, & Condiments
    • Prepared Food & Ready Meals
    • Meat, Poultry & Seafood
    • Seasoning Blends
    • Savory Snacks
  • Beverages
    • Juice Drinks & Mixes
    • Carbonated Beverages
    • Flavored Water
    • Alcoholic Beverages
  • Others

By Form:

  • Powder
  • Paste
  • Liquid

By Region:

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

Polyether Ether Ketone (PEEK) Interbody Devices Market Benefitting from Minimally Invasive Procedure Preference

Advanced spinal surgeries are retaining popularity due to increased cases of spinal disorders, therefore, medical professionals are focussing on

The polyether ether ketone peek interbody devices market is expected to expand at 7.7% CAGR through the forecast period (2020-2030). Spinal implant procedures are in a greater demand as clinics are registering lesser number of COVID patients, therefore, recovery rate of these devices will enhance towards 2021.

“Increasing cases of degenerative diseases and spinal stenosis among geriatric population coupled with rapid innovations across the medical sector, are enhancing the use of PEEK Interbody devices,” states the FMI Analyst.

 

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PEEK Interbody Device Market – Important Highlights

  • US will remain a dominant region while East Asia will witness fastest growth.
  • Organic-polymer derived device and growing preference for minimal invasive surgeries are going to account for significant market share.
  • Demand for transforaminal and posterior lumbar devices are expected to remain prevalent through the forecast period.
  • Improved regulatory advises are likely to drive the market growth in the near future.

PEEK Interbody Device Market – Driving Factors

  • Due to rising awareness regarding harmful impacts of synthetic polymers, organic polymers are highly demanded in manufacturing medical devices.
  • Being highly recyclable, healthcare industries require thermoplastics to produce interbody devices on a greater scale.
  • Improving biocompatibility and accuracy due to better radiolucency are pushing the adoption of PEEK interbody devices.

PEEK Interbody Device Market – Key Restraints

  • PEEK interbody devices are really expensive, thereby, hindering growth.
  • PEEK is hydrophobic which in turn limits bony ingrowth and limits adoption too.

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Expected Impact on Market by Coronavirus Outbreak

COVID-19 has shifted the preference towards patients who are severely affected by the pandemic rather than other medical issues. Though declining number of cases will help the market improve towards the end of 2021 yet current market scenario presents a sluggish growth trajectory. Around 3% of US population suffers from spinal disorders but the number of cases registered have declined due to COVID. Similarly, Europe has almost 60-70% of people who suffer from lower back problems, therefore, health providers are adopting unique solutions and 2021 is likely to witness a better market picture.

Competition Landscape

Key players in the market include Zimmer Biomet Holdings Inc., Medtronic Plc., Stryker Corporation, B. Braun Melsungen AG, SeaSpine Holdings Corporation, Shandong Weigao Group Medical Polymer Company Limited., Alphatec Holdings Inc., Xtant Medical Holdings Inc., and Life Spine Inc.

In 2020, Zimmer Biomet incorporated advanced features like mymobility   care management to be handled by healthcare professionals to enhance decision processes regarding surgeries by incorporating higher precision.

In October 2020, Medtronic recorded 84% of chronic back pain cases and incorporated DTM Spinal Cord Therapy which reported at least 50% pain relief. This encouraged the company improve investments in better pain management techniques. Key Players are regularly focussing on launching innovative products to enhance pain management therapies.

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Table Of Content

  1. Executive Summary

1.1. Global Market Outlook/Overview

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Key Market Trends

3.1. Key Trends Impacting The Market

3.2. Advancement Product Manufacturing

  1. Key Success Factors

4.1. Product Adoption Analysis & Key Promotional Strategy

4.2. Value Chain Analysis

4.3. Key Regulations

  1. COVID19 Crisis Analysis

5.1. Current COVID19 Statistics and Probable Future Impact

5.2. Current Economic Projection as compared to 2008 financial analysis

5.3. COVID19 and Impact Analysis

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More on the Report

The report presents macro as well as micro economic factors with segmentation on the basis of product type (interbody fusion device, anterior lumbar interbody fusion devices, posterolateral fusion devices etc.), end-user (hospitals, clinics, medical institutes, and ambulatory clinics) and in-depth region wise analysis (North America, Latin America, Europe, and Asia).

Explore Wide-ranging Coverage of FMI’s Healthcare Landscape

Self-Intermittent Catheters Market FMI’s report analyses segmentation on the basis of form, type, application and end-use etc. Market trends, economic factors are taken into consideration for a clear analysis.

Guidewires Market Find insights on market trends, industry-validated data strategies, historical and forecast data estimations and geographical regions exhibiting promising growth.

Phototherapy Lamps Market FMI’s report presents analysis on types, technology in-depth analysis and categorization of major key players.

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

Vibration Control Systems Market 2021 Outlook, Current and Future Industry Landscape Analysis 2031

Demand for vibration control systems is likely to witness a revival in 2021, according to the latest edition of the study by ESOMAR-certified market research firm, Future Market Insights (FMI). The study also finds that a significant percentage of industry players are confident of growing investments in automation, a strategy stalled by COVID-19 outbreak. However, the pace of recovery is likely to be muted in 2021, with a robust recovery anticipated in 2022 onward.

As the key end-use industries such as mining & quarrying, food manufacturing, textiles, and others are subject to expend further, the vibration control system manufacturers are expected to witness significant demand in the future.

Key Takeaways

  • High demand for anti-vibration cylinders likely to be witnessed
  • Original Equipment Manufacturers (OEM) continue to be preferred by end-users
  • Rise in requirement from transportation industry to fuel sales of vibration control systems
  • Sales in US will be nearly 50% of global demand
  • China remains a strong market in APAC
  • Sales in Japan and South Korea expected to recover steadily

“With rise in requirement from end-users with fast-paced growth, vibration control system manufacturers are projected to witness significant opportunities. Surge in demand for vibration control system will propel the growth while this segment will hold nearly 30% of the market share,” says an FMI analyst.

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Automotive Industry Outlook Key to Future SalesAs vibration control is of utmost importance in automotive industry, the steady growth in this industry is raising the demand for it further around the globe. According to the European Commission (EC), the automotive industry is crucial for Europe’s prosperity, representing 8.5% of European Union (EU) employment in manufacturing, while the turnover generated by the automotive industry in Europe represents over 7% of EU GDP.

According to the Select USA, the U.S. automotive industry is expanding steadily, while in 2018, the additional exports of automotive parts were valued at US$ 88.5 billion. As stated by the United States Auto Alliance, of the US$ 105 billion spent on R&D globally, almost a fifth (US$ 18 billion) was spent in the U.S. in 2018. As these rates are forecast to increase further, the players in the vibration control system industry are set to experience significant growth in the coming years.

Who is Winning in this Space?The global vibration control system market remains fiercely competitive. To consolidate their position, the key players are emphasizing on diversifying their products. For instance,

  • Lord Corporation announced a new brand for its portfolio of electromechanical products: Lord Electromechanical Solutions in 2018
  • Cooper Standard launched its new range of vibration control system solutions applicable for diverse end-use industries, while it named to Newsweek’s America’s most responsible companies 2021 list

More Valuable Insights on Vibration Control System MarketIn its latest report, Fact.MR offers unbiased analysis of the global vibration control system 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 system (vibration controls (isolating pads, isolators (metal, rubber), couplings (spool, shear, bolt, bush), anti-vib cylinders (male, female)), motion controls (springs (air, coil), hangers, washers & bushes, mounts (hydraulic, pneumatic)), automation control (absorber (miniature, industrial, heavy industrial), dampers (hydraulic, pneumatic, damping pads))), end-users (mining & quarrying, oil & gas, utilities, transportation, food manufacturing, beverages & tobacco, textile mills, bi-products, chemical manufacturing, electrical equipment, machinery manufacturing),  across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

Vibration Control System Market Segmentation by CategorySystem

  • Vibration Controls
    • Isolating Pads
    • Isolators (Metal, Rubber)
    • Couplings (Spool, Shear, Bolt, Bush)
    • Anti-Vib Cylinders (Male, Female)
  • Motion Controls
    • Springs (Air, Coil)
    • Hangers
    • Washers & Brushes
    • Mounts (Hydraulic, Pneumatic)
  • Automation Control
    • Absorber (Miniature, Industrial, Heavy Industrial)
    • Dampers (Hydraulic, Pneumatic, Damping Pads)

End Users

  • Mining & Quarrying
  • Oil & Gas
  • Utilities
  • Transportation
  • Food Manufacturing
  • Bev. & Tobacco
  • Textile Mills
  • Bi-Products
  • Chemical mfg.
  • Electrical Equip.
  • Machinery Mafg.

Sales Type

  • O.E.M
  • Aftermarket

Region

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

Beta-glucans Market is projected to register a healthy CAGR of 7.0% during the forecast period

Future Market Insights (FMI) delivers key insights on the global beta-glucan market in its report titled, “Beta-glucanMarket: Global Industry Analysis and Opportunity Assessment 2015 – 2025”. The global beta-glucan market is projected to register a healthy CAGR of 7.0% during the forecast period due to various factors, regarding which FMI offers vital insights in detail.

On the basis of functionality type, the market has been segmented into soluble beta-glucan and insoluble beta-glucan. The soluble beta-glucan segment accounted for 63.1% share of the global beta-glucan market in 2014, and is expected to register healthy CAGR of 7.1% over the forecast period. Insoluble beta-glucan segment accounted for 36.8% share of the global beta-glucan market in 2014, and is expected to register CAGR of 6.8% over the forecast period.

On the basis of source type, the market has been segmented into cereal, yeast and others (mushroom). The cereal segment accounted for 45.2% share of the global beta-glucan market in 2014, and is expected to register healthy CAGR similar to that projected for the global beta-glucan market over the forecast period.

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The cereal segment is sub-segmented into oats and barley. Revenue contribution of oats was 69.3% in 2014 and is projected to decrease to 68.8% by 2025, gaining 40 basis point share (BPS) and registering a CAGR of 7.1%. Furthermore, revenue contribution of barley was 30.7% in 2014, and is projected to increase to 31.2% by 2025, gaining 50 BPS and registering a CAGR of 7.3%. Yeast segment is expected to register CAGR of 6.9% between 2015 and 2025 and others (mushroom) segment is expected to register a CAGR of 6.6%, losing 30 BPS.

On the basis of application type, the market has been segmented into food and beverage, bakery products, health and dietary supplements, dairy and frozen products, cosmetics and personal care and others (animal feed). The health and dietary supplement segment accounted for 33.7% share of the global beta-glucan market in 2014, and is expected to register healthy CAGR of 7.1% over the forecast period.

Growth of the global beta-glucan market is mainly driven by rising health awareness and new functional food product launches, growing disposable income, increasing promotional activities and growing technological advancements in beta-glucan extraction techniques. Other trends driving market growth include expansion and product enhancement strategies by various players in the market.

This report covers trends driving each segment and respective sub-segments and offers analysis and insights of the potential of the beta-glucan market in specific regions. Western Europe dominated the beta-glucan market with over 36.1% market share in 2014, and is anticipated to remain dominant by 2025. North America and Asia Pacific Excluding Japan collectively accounted for over 40% of the total beta-glucan market share in 2014. Among all the regions, Western Europe is anticipated to register the highest CAGR between 2015 and 2025, followed by North America due to increasing health concerns and government approvals in these region.

Key players in the global beta-glucan market include Associated British Foods Plc., Biothera the Immune Health Company, Ceapro Inc., and Koninklijke DSM N.V. Major participants such as Biothera Inc. and Tate and Lyle focus on research and development activities to enhance product portfolio in order to sustain in the competitive market. In addition, these key players focus on expanding exclusive functional food product portfolio through acquisition of various raw materials and end-product manufacturing companies with the objective to enhance market position. In early 2015 for instance, First Endurance launched multi-vitamin product MuliV-Pro using beta-glucan derived from Wellume Yeast, a product from Biothera the Immune Health Company. This product helps to improve athlete’s performance by supporting immune health.

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Key Segments Covered

  • By Source
    • Cereal
      • Oats
      • Barley
    • Yeast
    • Others (mushroom)
  • By functionality
    • Soluble beta-glucan
    • Insoluble beta-glucan
  • By Application
    • Food & Beverages
    • Bakery Products
    • Health & Dietary Supplements
    • Dairy & Frozen Products
    • Cosmetics & Personal Care
    • Others ( Animal Feed)

Key Regions covered:

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Western Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Benelux
    • Nordic
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • APEJ
    • China
    • India
    • Australia & New Zealand
    • ASEAN
    • Rest of APAC

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  • Japan
  • MEA
    • GCC Countries
    • Turkey
    • South Africa
    • North Africa
    • Rest of MEA

Stethoscope Market is forecast to expand at above 5% CAGR between 2020 and 2030

Stethoscope being an integral part of the modern medical diagnosis sector, has been gaining significant traction. According to a recent study by Future Market Insights, the stethoscope market is forecast to expand at above 5% CAGR between 2020 and 2030.

Stethoscopes are often considered a physician’s third hand and the current digital advancements have ensured better performance.

The key market players such as American Diagnostic Corporation, 3M Company, Eco Devices Inc. and others are investing heavily to offer digitization of various medical tools. They are focusing on technological advancements also gain competitive advantage in the global market. The leading companies have started developing electronic stethoscopes in order to detect critical cardiovascular conditions much earlier than the normal stethoscopes can.

The FMI report offers in-depth research and analysis of the global stethoscope market, its potential and growth scopes during the forecast period (2020-2030).

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Some of the key takeaways from the report are as given below-

  • The global stethoscope market is set to grow by 5.2% CAGR during the forecast period (2020-2030).
  • Cardiovascular (CVS) disease being the main area of focus for the application of stethoscope in the medical sector, is to remain in the top factors for the increase in market demand
  • By product acoustic stethoscope will keep leading the global market throughout the forecast period (2020-2030)
  • Physician office, home care settings, hospitals and others to remain the top end-users catering to the market growth throughout the forecast period. Of these, demand from hospitals is set to be higher
  • Region-wise North America and Latin America to lead the global market. Europe, South & East Asia, Oceania and MEA to sustain as other region-wise key players.

Rising Focus on Health and Wellbeing Boosting Growth

As people are getting more conscious about their health and well-being, the digitized sectors like stethoscope market is anticipated to expand further during the forecast period, reaching US$ ~ 914 Mn by the end of the year 2030. The recent COVID-19 pandemic has even accelerated the growth of medical diagnosis which is resulting in the steady market growth over the years in future.

Currently the global stethoscope market holds unlimited opportunities for the global market players and so, the dominant market holders have already started adopting various digitized tools and procedure to remain in the top places. For instance, the digital Eko CORE has brought their advanced algorithms which can automatically screen patients and is capable of providing up to 40x amplification of acoustic sound along with advanced noise elimination technology, as well as the modern flexible feature of switching between digital and acoustic modes.

The global stethoscope market being emerged as a highly potential domain for the market dominating companies, the key market holders are evolving by adoption of various modern technologies. The leading Companies like, Think Labs Medical LLC, Rudolf Riester GmbH, Meditech Equipment Co., Ltd. and others have started their research and release of various brand-new products to expand further throughout the forecast period (2020-2030).

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Why Future Market Insights?

• Comprehensive analysis on evolving purchase pattern across different geographies
• Detailed insights of market segments and sub-segments for historical as well as forecast period
• A competitive analysis of prominent players and emerging players in the keyword market
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

About FMI:

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

Contact Us:

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

Cell Culture Media Bags Market is expected to reach a valuation of US$ 2.67 Bn by 2030, with growth of 10.7% CAGR | FMI Study

In its new market study, Future Market Insights (FMI) estimates global Cell Culture Media Bags market will register impressive growth between 2020 and 2030, progressing at a stellar CAGR of 10.7%. Furthermore, the study projects that the market will surge past a global valuation of US$ 2.6 Bn by 2030.

The report attributes the growth of the market to soaring demand for disposable packaging solutions in life sciences R&D activities and manufacturing of biopharmaceuticals.

Moreover, the emergence of innovative techniques such as four-layered films, which provide exceptional oxygen and moisture barrier properties, is also expected to boost demand.

Having analyzed the impact of the COVID-19 pandemic, the report opines that increasing health concerns and high emphasis on biopharmaceutical research will augur well for market growth during the assessment period.

Key Takeaways

  • 2D bag designs are expected to account for over half of the market value, owing to their high flexibility
  • Very large bags (>3000 ml) will remain the most sought out size, owing to low contamination properties
  • By host cell, the bacterial cell segment is projected to account for the majority of market value, ascribed to an increasing number of studies on diseases caused by bacteria.
  • Biopharmaceutical manufacturing will remain a key end-use segment, capturing over 2/3rds of market value through the forecast period.
  • US will remain the largest market for cell culture media bags globally.

“Market players are investing in new product innovation and are focusing on procuring FDA approvals to facilitate wide-scale deployment,” remarks FMI analyst.

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COVID-19 Impact

The outbreak of COVID-19 is expected to positively influence the demand for cell culture media bags as players operating in the healthcare and pharmaceutical sectors emphasize on high quality and safe packaging and storing solutions. Moreover, an upsurge in the number of studies and researches during the pandemic to develop a vaccine is, in turn, propelling demand for cell culture media bags.

Likewise, the need for disposable and single-use solutions for applications such as large-scale purification, cell storage, protein purification, and polishing applications in the biopharmaceutical market will continue to offer remunerative opportunities to market players through the pandemic period.

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Who is Winning?

Cell culture media bags manufacturers are focusing on developing solutions that address the key challenges such as recycling of multilayer flexible packaging consisting of plastic and barrier materials. Moreover, new product development and strategic partnerships have been identified as key growth strategies adopted by market players.

  • In April 2019, Thermo Fisher Scientific launched a new immunoassay – CEDIA Mitragynine (Kratom) Assay – for kratom alkaloid mitragynine screening solely for criminal justice and forensic applications.
  • In August, 2015, Rim Bio partnered with Playmouth based Sentrol for sales and distribution of its single-use bio containers across the United States.

FMI’s report includes profiles of some of the most prominent names in the market including Parker Hannifin Corp, Pall Corporation, Sartorious AG, Thermo Fisher Scientific Inc., and GE Healthcare Inc.

To Know More About Cell Culture Media Bags Market

A new market research report published by Future Market Insights (FMI) on the global cell culture media bags market offers a blueprint of the market. It offers insights into demand trends and provides analysis of opportunities over the forecast period, 2020-2030. The report examines the market through four different segments – bag size, bag design, application, hostel cell, end-use, and region. The report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the supply and product adoption across several end-use industries.

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About FMI

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

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Soft Touch Polyurethane Coatings Market is forecast to reach valuation of US$ 6430 million by the end of 2021

Driven by adoption of ultra violet (UV) curable polyurethane (PU) dispersion coatings and growing preference for water based formulations, the soft touch polyurethane coatings market is forecast to reach valuation of US$ 6430 million by the end of 2021.

As per newly released data by Future Market Insights (FMI), global sales of overall soft touch polyurethane coatings market enjoyed year-on-year (YoY) growth of 3.50% in 2021 to total 313 kilotons. The sales are expected to grow 1.97X and reach 617 kilotons by the end of 2031, says Future Market Insights.

Soft touch polyurethane coatings are all-rounder in terms of application as they are extensively used in coating automotive and aircraft interior components like arm rest, door trims and front control panels to protect them from constant wear and tear. Increasing adoption of ABS plastics in making automotive interiors will accelerate the demand for soft touch polyurethane coatings in upcoming years.

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They also play an integral role in improving overall look and design of consumer electronic devices like mobiles and laptops while simultaneously protecting them from scratches. The cover and body of consumer electronics are required to have organoleptic properties. Increased demand for high quality covers has led to an increase in demand for soft touch polyurethane coatings for its properties like resistance to yellowing, scratching, and abrasion.

Soft touch polyurethane coatings are highly effective in protecting wooden items from decaying and pest infestation.

Stringent government regulations imposed to reduce the emission of volatile organic content (VOC) is prompting the market players to develop environment friendly coatings. In 2019, Environment Protection Agency New England has mandated manufacturing facilities to reduce its VOC emission by making process changes and installing air pollution control equipments. This is expected to bode well with the market growth in upcoming years.

Many market players are switching from solvent based coating to producing water based coating as solvent based coatings has high VOC content.  Increasing research and development for sustainable water based coating production while eliminating side reactions will boost the market growth over the forecast period.

Key Takeaways from FMI’s Soft Touch Polyurethane Coatings Market Study

  • North America soft touch polyurethane coatings market is forecast to expand at 5.10% CAGR during the assessment period owing to rising cases of insect infestation among American household and thriving wood work and furniture industry in U.S. and Canada.
  • Europe soft touch polyurethane coatings market will grow at 5.8% CAGR from 2021 to 2031, driven by rising production of automotive interiors made from acrylonitrile butadiene styrene (ABS) and elevated export and production of soft touch polyurethane coatings in the region.
  • Japan and South Korea will hold more than 14% of the global market share in 2021, backed by increasing production and demand of electronic components made in these countries and strict regulations regarding control emission of VOCs in these regions.
  • Ultraviolet soft touch polyurethane coating segment is expected to grow at more than 8.1% CAGR throughout the forecast period due to its high demand of such coatings in packaging industry due to its chemical inertness and eco-friendly characteristics.
  • The transport and automotive segment is predicted to account for more than 37% of global soft touch polyurethane coatings market share due to increasing demand for luxurious and rich look interior among car enthusiasts.

“Rising production of premium electronic products and increasing demand for scratch resistant and drop resistant coatings to protect these products is expected to spur the soft touch polyurethane coatings sales,” says the FMI analyst.

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Competitive Landscape

Future Market Insights reports that, leading market players are focusing on employing organic and inorganic strategies to expand their market shares and enter new and emerging markets. These strategies include strategic merger and acquisition, partnership, and new product launches.

For instance, in June 2021, AkzoNobel announced to acquire Colombia-based paints and coatings company Grupo Orbis to strengthen its long term market position in South and Central America.  This will allow AkzoNobel to expand its product portfolio and solidify its position as the market leader in the region.

In January 2021, Allnex launched new polyurethane coating “DAOTAN 7061/35WA” especially designed for automotive OEM and vehicle refinish coating segments.

Prominent players operating in the soft touch polyurethane coatings market are:-

  • RPM International Inc.
  • The Sherwin Williams Company
  • PPG Industries Inc.
  • Axalta Coating Systems Ltd.
  • Jotun AS
  • AkzoNobel N.V.
  • Aexcel Corporation
  • Sokan New Materials.

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More Insights on the Global Soft Touch Polyurethane Coatings Market

In its latest report, FMI offers an unbiased analysis of the global soft touch polyurethane coatings market, providing historical data for the period of 2015-2025 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 base type (water-based and solvent-based coatings), product type (2K and ultraviolet polyurethane coatings), end use (transport and automotive, electrical and electronics, wood and furniture, and others (packaging, measuring devices)), across seven major regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa).

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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Middle East and North Africa Nutraceuticals Market Key Players – Danone, Arla Foods, General Mills, BASF SE, Nestle SE, Amway, Kellogg’s

The global nutraceutical market prognosticated to witness a tremendous growth in coming times. Nutraceuticals are regularly characterized as any nourishment or part thereof which gives medical advantages including counteractive action or treatment of illness Nutraceuticals market is under entrance in different district with colossal open door lying ahead. “Nutraceuticals Market: Middle East and North Africa (MENA) Industry Analysis and Opportunity Assessment, 2015 – 2020,” is the recently distributed report by Future Market Insights (FMI). Nutraceutical is a mix of “Nourishment” and “Pharmaceutical”. So discussing nutraceutical it implies food or part of a nourishment that obviously gives wellbeing or restorative advantages, including the counteractive action and treatment of ailment. A nutraceutical might be a normal therapeutically or supplement rich dynamic food, for example, soybeans or garlic, or it might be a particular segment of a sustenance, for example, the omega-3 fish oil that can be gotten from cold-water fish and salmon.

According to an analyst in FMI, the global nutraceuticals market is anticipated to experience a significant growth within the forecast period with a strong CAGR of 7.1% during 2015 to 2020. The Middle East and North Africa market was evaluated to be worth US$ 8.6 bn in year 2014.

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A sharp ascent in medicinal costs is one of the key elements driving the development of the nutraceuticals market over the conjecture time frame. Therapeutic expenses have been expanding essentially because of the rising costs of restorative administrations, utilization of new advances and medicines without thinking about viability, and abuse of methods and tests. The rising human services costs have provoked clients to swing to option and preventive social insurance practices to limit the spending on medicines and drugs. With an expanding number of individuals devouring utilitarian nourishment and nutraceuticals, this market is required to have an inspirational viewpoint until the finish of 2020.

In this report, the factors like the developing ubiquity of multi-herb supplements is one the key patterns driving the development of this market have been discussed. Multi-herb supplements are a mix of advantageous herbs that advantage diverse parts of wellbeing including heart and cardiovascular wellbeing, moxie, processing, vitality, rest, and invulnerable capacity. Because of different favorable circumstances gave by multi-herb supplements, its request is relied upon to build, which, thus, will convert into the interest for nutraceuticals in the coming years.

Dietary supplement section is sub-fragmented into herbal supplement, vitamins & minerals supplement and protein supplement. Further, functional food fragment is sub-divided into Omega unsaturated fat strengthened nourishments, probiotic braced sustenance, marked iodised salt and marked wheat flour market. In 2014, functional food section represented 35.1% of the market share and is relied upon to witness a decrease in its market share by 20 BPS in 2020. Ultimately, functional beverages fragment is sub-divided into caffeinated drink, organic product drink, wellbeing drink and upgraded water.

Geologically, GCC is the overwhelming market for nutraceuticals in Middle East and North Africa and prone to develop at a quickest pace contrasted with other locale took after by rest of Middle East. This development is credited by the Increasing maturing populace, increment in per capita pay in the area.

Proactive way of life is driving expanding acknowledgment for nutraceuticals over the area. Besides, developing shopper interest for solid sustenance is additionally anticipated that would drive the nutraceuticals market in Middle East and North Africa. Danone, Arla Foods, General Mills, BASF SE, Nestle SE, Amway, Kellogg’s are some of the key players reigning in the market of Middle East and North Africa nutraceuticals.

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NUTRACEUTICALS MARKET KEY SEGMENTS:

By Type

  • Functional Food
    • Probiotics Fortified Food
    • Omega Fatty Acid Fortified Food
    • Branded Ionized Salt
    • Branded Wheat Flour Market
    • Other Functional Food
  • Functional Beverages
    • Fruit & Vegetable Juices and Drinks
    • Dairy & Dairy Alternative Drinks
    • Noncarbonated Drinks (Bottled Water, Tea, and Coffee)
    • Other (Herbal Tea, Sports Drinks, and Energy Drinks)
  • Dietary Supplements
    • Proteins & Peptides
    • Vitamins & Minerals
    • Herbals (Ayurveda Extracts, Plant Extracts, Algal Extracts, Phytochemicals)
    • Others (Fatty Acids and Fiber).
  • Personal Care

Future Market Insights analysts are available to answer any questions and provide more information on the global nutraceutical market.

Market segmentation

The MENA nutaceuticals market is segmented on the basis of product type and region. On the basis of product type the market is segmented into dietary supplement, functional food and functional beverages. Dietary supplement is the largest segment in terms of market share and revenue in 2014. However, functional beverages is anticipated to witness highest growth rate during the forecast period with a CAGR of 7.3%.

Dietary supplement segment is sub-segmented into vitamins & minerals supplement, herbal supplement and protein supplement. Further, functional food segment is sub-segmented into Omega fatty acid fortified foods, probiotic fortified food, branded iodised salt and branded wheat flour market.

In 2014, functional food segment accounted for 35.1% of the market share and is expected to witness a decline in its market share by 20 BPS in 2020. Lastly, functional beverages segment is sub-segmented into energy drink, fruit drink, health drink and enhanced water.

Among all the sub-segments of functional beverages energy drink is expected to exhibit highest growth rate during the forecast period closely followed by health drink. In addition, energy drink is expected to show a increase of 30 BPS in 2020.

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Esters Market value has surpassed US$ 75 Bn in 2019 and is poised to thrive at a steady CAGR during the forecast period, (2019 – 2029)

Esters are primarily utilized in several food sectors as they are characterized by pleasing tastes and smells. In the chemical industry, esters as fats and oils are utilized in producing soaps and detergents, pharmaceuticals, paints, and coating. Esters have also proved their worth in improving the overall mechanical competence, increasing their wide implementation in automotive lubricant applications.

Certain type of esters such as phosphate esters are extensively used in industries as solvents, flame retardants, plasticizers, insecticides, and gasoline & oil additives. Polyol esters are tailored to make lubricants for high-performance applications. The efficient usage of ester in several end-use sectors and the limited presence of substitute products make it irreplaceable in the market. The esters market is expected to witness a rise in consumption, owing to its emergence as one of the necessary raw materials in the preparation of several industrial products.

As per the latest research published by Future Market Insights (FMI), the revenue generated from the sales of esters is bolstered by huge volumetric consumptionin personal care and pharmaceutical industries. The market value has surpassed US$ 75 Bn in 2019 and is poised to thrive at a steady CAGR during the forecast period, (2019 – 2029).

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Strict Environmental Regulation to Bolster Greener Products Demand

Personal care product companies are focusing on utilizing esters, to boost up the quality of their products. Esters are fatty acids that are sustainable and natural. They can enhance the performance and feel of other ingredients. However, despite  positive outcomes of esters on the final product, there are strict restrictions concerning its consumption. Several environmental agencies such as EPA, the Department for Environment, and others have listed regulations concerning its usage, as when combined with water- and oil-based lubricants, it poses environmental hazards. Accordingly, users and manufacturers of lubricants must use and make products attuned with pollution prevention priorities and local regulations.

Stringent regulations are bolstering demand for greener alternatives to chemicals in used in a wide range of consumer products. The initiation of eco-friendly measures by downstream producers, formulators, and governments has influenced the demand for esters. Subsequently, manufacturers are focusing on catering to the demand for naturally-sourced or bio-based products.

Fewer Substitutes to Boost Demand for Esters

A few of the market players operating in the global esters market are Exxon Mobil Corporation, Mitsubishi Chemical Corporation, Cargill, Inc., Lanxess AG, and The Procter & Gamble Company. The market players are more centered towards research and development (R&D) to introduce new products in the market. These players are also beginning to develop products with decreased toxicity levels in order to abide by the stringent regulations.

With few options to replace and strong demand for esters from various end-use sectors, producers are pursuing in capacity improvements. The increasing prominence of contractual production is emerging as a noteworthy trend in the sector, as it provides an economically-feasible alternative for voluminous manufacturing of commoditized products to ply to rising need.

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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.

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
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