Endometriosis Treatment Market is expected to exhibit a CAGR of around 3% over the forecast period

Rising prevalence of endometriosis condition has fueled the demand for endometriosis treatment across the world. High focus on the introduction of therapeutically-advanced endometriosis treatment options are expected to propel the growth of the market over the forecast period. Leading industry players are significantly accelerating the development of scientific and clinical therapeutic agents and new product launches in the global endometriosis treatment market. This considerable push by industry players is expected to drive future market growth.

Increasing investments in the endometriosis treatment market by key stakeholders and rising awareness among women are the major factors expected to drive market growth. The global endometriosis treatment market was valued at US$ 2.8 Bn in 2018, and is expected to exhibit a CAGR of around 3% over the forecast period (2019-2030).

Key Takeaways of Endometriosis Treatment Market Study

  • Based on drug, oral contraceptives contributed maximum value share to the global endometriosis treatment market in 2018, owing to high preference for them as a first-line therapy for patients without contraindications, and efficacy in preventing recurrence of pelvic pain and endometriosis lesions.
  • High treatment efficacy and acceptance with low risk are expected to result in notable share of hormonal therapy in the treatment type.
  • The hospital pharmacies and retail pharmacies segments, collectively, hold above 60% of value share to the endometriosis treatment market, owing to the high patient pool in hospitals and visiting retail pharmacies.

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  • Europe captured a notable revenue share of 37% in 2018, and is expected to be the most lucrative region in the global endometriosis treatment market during the forecast period.
  • Increasing government expenditure for high growth of the medical industry in emerging economies in the Asian region is expected to drive the growth of the endometriosis treatment market across this region.

Multiple New Indications – Imperative Strategy for Market Players

Increasing the introduction of endometriosis drugs with multiple new indications is a major factor responsible for intense competition among market players. Several companies are focusing on launching new endometriosis treatment options to increase their product sales and expand their market share. For example, in July 2018, AbbVie Inc. introduced a new innovative product – Orilissa™ (elagolix) tablets, a gonadotropin-releasing hormone (GnRH) receptor antagonist for the management of moderate to severe pain associated with endometriosis, in the U.S. market.

What else is in the report?

Future Market Insights (FMI) offers a unique perspective and actionable insights on the endometriosis treatment market in its latest study, presenting historical demand assessment of 2014-2018 and projections for the period of 2019-2030, based on drug (oral contraceptives, progestins, NSAIDs, GnRH analogues, LNR-IUDs, and others), treatment type (hormonal therapy and pain management), and distribution channel (hospital pharmacies, retail pharmacies, drugstores, and e-Commerce), across seven key regions of the world.

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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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Industrial Gauges Market 2022 Segmentation and Analysis by Recent Trends, consumption by Regional data, Development, Investigation, Growth

As automation becomes a vital step to match the pace of industry 4.0, numerous industries are embracing novel technologies that ease out their processes, which otherwise require supervision. Industrial gauge is one such innovation that accurately keeps a tab on the standard pressure or temperature, as per the need of the process. Surging need for measurement of gaseous or liquid media to allow a seamless functioning of manufacturing systems has been boosting the adoption rate of industrial gauges.

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Government regulations, focused on ensuring labor safety, have incited the shift of industrialists towards industrial gauges in numerous industries including but not limited to dairy, power, chemical, refining, and food. Accuracy is of utmost importance to gauge the pressure or temperature of a media, manufacturers are expanding efforts in the development of digital industrial gauges to obtain precise measurements.

Industrial Gauges Market – Notable Developments

The leading players of the industrial gauges market are striving to increase their market share by investing in research and development activities to innovate the industrial gauges landscape. In addition, market players also resort to merger and acquisition activities to boost their presence in other geographies. Some of the key players operating in the industrial gauges market include Granville – Phillips Company, Grainger, Inc., Baumer Holding AG, KOBOLD Messring GmbH, ENFM USA. Inc., and H.O. Trerice Co.

  • In April 2019, Ashcroft Inc. averred that it has acquired Rüeger Holdings SA and STIKO Meetapparatenfabriek B.V. The underlying aim behind this transaction is to emphasize on protection of the workforce, processes, and profits of Ashcroft’s clientele. Both the acquired companies specialize in the manufacturing of temperature and pressure measurement instruments.
  • In February 2019, MKS Instruments announced the acquisition of Electro Scientific Industries, a leading laser-based manufacturing solution provider to the micro-machining industry. The transaction will help these companies expand their solutions for advanced markets and accelerate their innovation capabilities.

Pyrosales Pty Ltd

Founded in 1976, Pyrosales Pty Ltd is headquartered in Australia. The company specializes in the development of industrial instruments as well as measuring, displaying, and transmitting products. It has operational facilities in Brisbane, Melbourne, Sydney, South America, China, and the U.S. The company enjoys its reputation as one of the largest manufacturers of calibration devices, sensors and instrumentation, level and flow measurement gauges, and precision temperatures.

WIKA Instrument, LP

Established in 1946, WIKA Instrument, LP is based in the U.S. It operates as a subsidiary of WIKA Alexander Wiegand GmbH & Co. KG. The company boosts its competence in manufacturing pressure gauges, pressure transmitters, diaphragm seals, and thermometers. The broad product portfolio of the company includes meters and displays, level measurement products, pressure gauge mechanical and electrical temperature products, high precision and calibration test products, and similar accessories.

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Winters Instruments Limited

Found in 1953, Winters Instruments Limited is based in Toronto, Canada. The company focuses on the manufacturing of industrial instrumentation products for temperature and pressure measurement. It has an excellent global reach with its distribution partners being in over 90 countries.

North America to Remain a Lucrative Industrial Gauges Market

The North American industrial gauges market remains benefitted by the demand ascending from numerous manufacturing plants of end-use industries such as paper and pulp, chemical, dairy, and food and beverages, among others. However, Asia Pacific is anticipated to witness a significant surge in the demand for industrial gauges, as a large number of companies have been shifting their manufacturing facilities in the region to leverage the emerging opportunities. The Middle East and Africa also contribute to the growing adoption of industrial gauges as numerous petrochemical industries remain at the forefront of the demand for pressure and temperature gauges.

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 of the global Industrial Gauges market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with Industrial Gauges market attractiveness as per segments. The report also maps the qualitative impact of various factors on Industrial Gauges market segments and geographies.

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Industrial Gauges Market – Dynamics

‘Digital’ to Remain a Key USP of Industrial Gauges

With automation fuelling industrial advancements, end-use industries have been seeking instruments that optimize process efficiency and reduce overhead costs. As the perception of ‘digital’ being synonymous with ‘time-efficient’ penetrates deeper, industrialists are moving past their analog industrial gauges to adopt digital industrial gauges. In addition, digital industrial gauges can minimize the workforce required to interpret the readings, owing to their precision even during high vibration, which helps manufacturers control their operational costs. Driven by accuracy, the adoption of digital industrial gauges is likely to remain high in the upcoming years.

By segmentation:

The industrial gauges market has been bifurcated based on:

  • Gauge Type
  • Application
  • End-use Industry
  • Region

Industrial Gauges Market Segmentation – By Gauge Type

  • Pressure
  • Temperature

Industrial Gauges Market Segmentation – By Application

  • Hydraulic systems
  • Boilers
  • Pumps
  • Compressors
  • Others

Industrial Gauges Market Segmentation – By End-use Industry

  • Chemical
  • Power
  • Dairy
  • Refining
  • Petrochemical
  • Pharmaceutical
  • Others

Industrial Gauges Market Segmentation – By Region

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

Report Highlights:

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

Enterprise A2P SMS Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2028

The global market for enterprise A2P SMS is highly fragmented with the presence of a plethora of players striving to stay ahead in the game. The low scope of product differentiation is also intensifying the competition among the current players. This is also creating barriers for new players who want to venture into the market. According to the report, the leading service providers of enterprise A2P SMS are acquiring several small-scale vendors. The regional players are also strengthening their position in the market with extensive marketing activities, thus, pushing the market landscape towards consolidation in the near future. The companies in the global enterprise A2P SMS market are adopting innovative approaches and leveraging emerging opportunities in this space.

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Latest insights reveal that the strategies applied by the market players does not follow a specific status quo. The strategies range from mergers and acquisitions to the adoption of new technologies, product launch, and market expansion.

In spite of the robust trend of online messaging apps, several consumers in the developing regions still employ SMS as their primary source of digital communication. According to the report, marketers are not oblivious to this fact and are thereby using A2P SMS services for boosting their marketing efforts and reaching out to a wider customer base.

Not only are private organizations taking leverage of this service, governments across developing countries are using it to communicate key information regarding policies and regulations with their citizens.

The growing pervasiveness of enterprise A2P SMS is the next generation of technological advances which will be one of the core points of interaction in both the B2B as well as B2C sectors.

The growing demand for mobile business applications across the globe fuelled by the convergence of IP messaging and SMS solutions has triggered the adoption of enterprise A2P SMS, according to a recent market research study published by Future Market Insights. According to this report, the global market for enterprise A2P SMS is projected to be valued at US$ 100,103.5 Mn by the end of 2028 rising from a valuation of US$ 53,600.0 Mn in 2017. The market is likely to foresee a stable growth rate of 5.8% from 2022 to 2028.

Hybrid Cloud-based Messaging Platform and 2FA to Surface as a Principal Trend

Messaging solution providers in this market offer multi-channel cloud-based mobile marketing platforms for creating SMS campaigns and push messaging. This also allows marketers to send messages virtually to each mobile device utilising push notifications, email, SMS, outbound dialling, IP messaging, and social media channels. These solutions increased the scalability to marketers.

Companies offering these solutions include Vibes, mGage, Fastsms, LLC, and Mblox, Inc. On the other hand, SMS-powered two-factor authentication or 2FA is an effective and efficient tool that requires users to enter a password along with the short code delivered through SMS to a handset. This supplementary authentication method offers a more secure user experience and is poised to progress steadily over the years ahead.

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Spam Messages to Act as a Roadblock in Market Progression

Phishing, spam, spoof and malware transmitted via the mobile messaging system negatively impacts subscriber trust, weakens brand loyalty and intensifies the operating costs as well. Mobile spam affects the revenue and brand value of operators, advertisers, app developers, subscribers, and device manufacturers. According to analysts at Future Market Insights, this factor is expected to act as a major roadblock in the growth of the global enterprise A2P SMS market in the long run.

Enterprise A2P SMS Market by Category 

Tool:

  • Cloud API Messaging Platforms
  • Traditional &Managed Messaging Services

Application:

  • Pushed Content Services
  • Interactive Services
  • Promotional Campaigns
  • Customer Relationship Management (CRM) Services
  • Others

End User:

  • BFSI
  • Gaming
  • Travel & Transport
  • Health & Hospitality
  • Retail
  • Others

Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan (APEJ)
  • Middle East & Africa
  • Japan

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Key Questions Answered in the Report

  • What is the current value of the global enterprise A2P SMS market?
  • What will be the demand outlook for interactive services in enterprise A2P SMS market?

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Electronic Trial Master File (eTMF) Market Research Report 2022 – Global Forecast till 2027

Future Market Insights has analysed numerous aspects of the electronic trial master file (eTMF) market and has included actionable insights in a systematic manner in its new research publication titled “Electronic Trial Master File (eTMF) Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”. The extensive research study on eTMF market portrays various facets of the global market such as trends, opportunities, value chain analysis, competitive landscape, drivers, restraints, regional analysis along with key recommendations that can be considered by the reader to achieve his/her strategic objectives in the long run. The research study also covers future market projections with respect to value for a period of ten years starting from 2017 till 2027. The comprehensive analysis on each segment and sub segment of the global market portrays a real time picture of the global market scenario.

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Global Electronic Trial Master File (eTMF) Market: Dynamics Impacting Growth

There are numerous aspects that influence the growth of the global market for electronic trial master fie (eTMF). Factors such as business benefits for various organizations, government regulations making electronic trial master file (eTMF) mandatory, creation of common platforms for trial management that can lead to increased sales of the eTMF platform, integration of eTMF application with CTMS system, increased adoption of eTMF in clinical trials coupled with increased research related to life sciences, improvement in electronic trial master file (eTMF) applications and increased research and development budget and rising awareness are pushing the growth of the global electronic trial master file (eTMF) market. However, the market is not void of limitations. Challenges faced by the market include duplication and maintaining eTMF in its entirety that are restraining the growth of the global market.

Global Electronic Trial Master File (eTMF) Market: Segmental Highlights

In this research study, global electronic trial master file (eTMF) market is segmented by component, by deployment, by end user, by functionality and by region.

  • By component, software segment is expected to lead the market in terms of value and is estimated to reach US$ 130.7 Mn by the end of the assessment year. The services segment in this category is projected to grow at the highest pace during 2017-2027
  • By deployment, the cloud segment is highly lucrative and is adopted on a large scale. It is projected to grow at the fastest CAGR of 16.4% throughout the forecast period and is estimated to reach a noteworthy valuation by the end of the assessment year
  • By end user, the Contract Research Organization (CRO) segment is anticipated to grow at a higher pace in the coming years to register a CAGR of 15.6% during the period of assessment
  • By functionality, clinical operations segment is poised to dominate the market in terms of value and is estimated to reach a higher valuation of about US$ 970 Mn by the end of the assessment period. The auditing segment is projected to grow at a faster pace than other segments in the coming years
  • By region, Asia Pacific excluding Japan (APEJ) is expected to show higher growth pace in the eTMF market whereas North America is likely to lead the market with a value a bit less than US$ 130 Mn by 2027 end

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Asia Pacific excluding Japan to show high potential for growth in the electronic trial master file market 

Several key players are focusing on the Asia Pacific excluding Japan (APEJ) region in order to tap the emerging economies in this region. The main advantage of this region is its high potential for growth as compared to matured economies. Several end use industries are showing interest in this region owing to which the supply side players are focusing their attention on APEJ to gain business expansion.

Electronic trial master file (eTMF) market in Asia Pacific excluding Japan (APEJ) region is expected to grow at the highest pace in the coming years to register a stellar CAGR of 17.6% and is estimated to reach a valuation of about US$ 18 Mn by the end of the period of assessment, thus becoming the third largest region in the eTMF market after Western Europe.

Global Electronic Trial Master File (eTMF) Market: Forecast Analysis

According to the analysis carried out in the research report, the global electronic trial master file (eTMF) market is anticipated to grow at a robust rate to register a CAGR of 14.0% throughout the period of assessment, 2017-2027. In 2017 this market was valued at about US$ 51 Mn and is estimated to reach a valuation of around US$ 190 Mn by the end of 2027.

Global Electronic Trial Master File (eTMF) Market: Competitive Scenario

The research study includes a dedicated chapter on competitive scenario which deals with various key players involved in the eTMF market. Analysis on aspects such as SWOT analysis, geographical reach, strategies, product portfolio, expansion plans, mergers and acquisitions, key developments, distribution channel analysis etc., of the key players have been covered in this study. Companies like Veeva Systems, Medidata Solutions, Inc.,MasterControl, Inc.,Data Reduction Systems Corporation,Transperfect Global Inc., Aurea, Inc.,Phlexglobal Ltd., Arivis AG,Wingspan Technology Inc., and Montrium Inc.,are profiled in this section.

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Floor Grinding Machine Market 2022 Segmentation and Analysis by Recent Trends, consumption by Regional data, Development, Investigation, Growth

Grinding is the way toward removing metal by the utilization of abrasives which are bonded to form a rotating wheel. At the point when the moving rough particles contact the workpiece, they act as tiny cutting tools. The floor grinding machine is utilized for roughing and finishing flat, cylindrical, and cone-shaped surfaces; completing inward cylinders or bores; framing and sharpening tools, catching or expelling rough projections from castings, and stampings; cleaning, polishing, and buffing surfaces.

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Floor grinding is used for the removal of adhesives, imperfections, rain damage, coatings. Machines that granulate concrete floors are made to deal with much more anxiety and will have more power to drive the unit as concrete has substantially higher sliding friction than marble or granite which is likewise worked wet, along these lines with less friction. Some sorts of marble will spark when it is ground dry, making profound damage to the marble surface.

Concrete grinding and polishing have recently become famous in industrial settings, because of the number of favorable circumstances and benefits that it brings. The floor grinding machine smoothens the down rough concrete surfaces to uncover a smooth and shiny surface. Essentially, an overwhelming obligation granulating machine is utilized on the surface of the concrete slab, to polish it and make it look significantly more attractive. The floor grinding machines are made in a simple and robust but yet stylish and functional design.

Regional Outlook:

The global floor grinding machine market is segmented into seven geographic key regions includes North America, Eastern Europe, Latin America, Japan, Western Europe, Asia-Pacific excluding Japan and The Middle East, and Africa. The developing economies such as the Asia-Pacific region lead to a growth of floor grinding machines near future owing to the development of industries is followed by North America, Japan. The demand for global floor grinding machines is expected to rise shortly.

Key Players:

The few prominent key players of global floor grinding machine are:

  • Husqvarna AB
  • HTC Group
  • Blastrac
  • Klindex
  • Shanghai Tuomi
  • Xingyi Polishing
  • Scanmaskin Sverige AB
  • Superabrasive
  • Linux
  • Terrco
  • ASL Machines
  • Substrate Technology
  • Shanghai Qing
  • Roll Gmbh
  • Bartell Global
  • Weijie Environmental

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 geography, technology, and applications.

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Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, and Rest of Latin America)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg, and Rest of Western Europe)
  • Eastern Europe (Poland, Russia, and Rest of Eastern Europe)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC, S. Africa, and Rest of MEA)

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 an 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

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Global Floor Grinding Machine: Market Dynamics:

Mainly industrial purpose drives the global demand of the floor grinding machine market. The floor looks attractive, increases the durability of the floor, is environment-friendly, and saving a lot of money are the factors that further leads to a rising demand for floor grinding machine. Simple design, robust construction, single-speed, high quality, functional, and price competitiveness are the factors that also propel the growth of the floor grinding machine market.

By Segmentation:

Based on applications, the global floor grinding machine market is segmented into:

  • Grinding and Polishing
  • Concrete
  • Marbles
  • Limestone
  • Cement plate
  • Wood-parquet floor coatings
  • Removal
  • Grease
  • Machine Oil
  • Paintings
  • Cleaning
  • Floor coatings
  • Removal of mud
  • Treacle and other loose dirt
  • Buffing and stripping

Based on floor type, the global floor grinding machine market is segmented into:

  • Marble
  • Concrete
  • Granite
  • Limestone
  • Others

Based on end-use, the global floor grinding machine market is segmented into:

  • Industrial
  • Commercial

Based on the regions, the global floor grinding machine market is segmented into:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Japan
  • Asia-Pacific excluding Japan
  • The Middle East and Africa

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

Mass Notification System in Healthcare Market 2022 | Present Scenario and Growth Prospects 2029

A new market research report by Future Market Insights on the mass notification system in healthcare market examines and provides critical insights for the forecast period of 2019-2029. As per the findings of the report, the global mass notification system in healthcare market value reached ~US$ 1 Bn in 2018. Over the forecast period of 2019-2029, the global mass notification system in healthcare market is expected to experience noteworthy growth, owing to significant growth of the healthcare infrastructure investments, rising smart devices penetration, and increasing digitalization in the healthcare sector.

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With advancements in wireless technology and increasing penetration of smart devices in healthcare organizations, digital health care innovations are emerging and impacting the clinical and business operations, according to FMI’s analysis. These advancements are creating potential growth opportunities for the mass notification system in healthcare market.

This digital revolution is creating the need for mass notification system in healthcare to deliver a faster, safer, and effective care for patients and for quick response time in case of emergencies. Moreover, with the emergence of IoT, providers of mass notification system in healthcare are focusing on offering integrated solution with IoT technologies and providing standalone systems.

As the healthcare sector continues to aggressively expand in developed and developing countries, it is expected that multiple opportunities will be created for key players in the mass notification system in healthcare market in the near future.

According to the report, the rise of IoT is also generating potential growth opportunities for service providers of mass notification system in healthcare to integrate their solutions with IoT technologies in order to provide standalone systems. Moreover, the growing need for real-time communication solutions for enhanced communication services is also one of the major factors boosting the growth of the mass notification system in healthcare market.

Target of Operational Expansion in Western Europe and Asia Pacific

Providers of mass notification system in healthcare are continuously focusing on increasing their businesses across countries in Western Europe and Asia Pacific such as Germany, U.K., India, and China. The implementation of various regulations in the healthcare sector of these countries are creating potential growth opportunities for the mass notification system in healthcare market. Furthermore, continuous increase in the healthcare spending along with robust economic growth of these countries are propelling the growth of the mass notification system in healthcare market.

For instance, according to the Economic Intelligence Unit, the healthcare spending of Western Europe and Asia Pacific is expected to increase with a CAGR of ~5% and ~6% respectively.

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Increasing Demand for Real-time Communication System

Most of the healthcare organizations are majorly focusing on real-time communication system to provide instant and secure messages which is creating potential growth opportunities for the mass notification system in healthcare market. Moreover, various healthcare organizations are ready to invest on advanced technologies such as distributed-recipient mass notification system, which is expected to be one of the key growth opportunities for providers of mass notification system in healthcare platform.

Advancement in IT Systems and Healthcare Technologies   

Rapid advancements in IT systems and healthcare technologies play an important role in fueling the growth of the mass notification system in healthcare market. With the rapid development in the mobile health technology to improve patient care experience and care team communication, the adoption of mass notification system in healthcare is increasing. Furthermore, increasing use cases of mass notification system in healthcare is amplifying the competition and resulting in product developments and differentiation strategies by providers of mass notification system in healthcare sector.

Mass Notification System in Healthcare Market: Segmentation 

Solution

  • In Building
  • Outdoor
  • Distributed/
  • Hybrid

Deployment

  • Cloud-based
  • On-premises
  • Hybrid

End User

  • Hospitals
  • Clinics
  • Nursing Home
  • Long Term Care
  • Ambulatory Surgical Centers

Region

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

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Earphone and Headphone Market 2022 Development Status, Competition Analysis, Type and Application 2028

Future Market Insights has recently published a market research report titled “Earphone and Headphone Market – Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028.” The global earphone and headphone market is estimated at US$ 22.3 Bn in 2022, and is projected to close in on a valuation of US$ 35.2 Bn by 2028, expanding at a CAGR of 7.9% over the 2022 to 2028 assessment period.

earphone and headphone market

Earphone and headphone sales accounted for around 27% share of the global audio devices market in 2021. Demand for in-ear earphones and headphones is likely to increase the fastest over the coming years.

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Developing Countries Turning into ‘Largest Sales Hub’

The sales of mobile phones and smartphones have grown significantly across the world since the past few years, especially in developing countries such as India, China, Brazil, and Mexico. Moreover, the increasing trend of mobile shopping, E-banking, and bringing your own device (BYOD) is driving the global demand for smartphones and tablets, which is, in turn, boosting the technologically advanced devices, such as Wi-Fi enabled devices, in the earphones and headphones market. The increasing migration of the rural population to cities, especially across developing countries such as India, China, Brazil, Mexico, and Indonesia, has boosted the adoption of low- or medium-price earphones & headphones. Europe will however remain the leading market for earphone and headphone in the near future, according to FMI’s findings.

In the past decade, there was an upsurge in urbanisation, which resulted in an increase in the disposable income of the population that migrated to urban areas. Growth in the disposable income of the people has boosted the adoption of technologically advanced products worldwide, which include smart devices, smartphones, tablets, and advanced wireless earphones. This trend has been majorly observed in developing countries, such as India, China, Brazil, Mexico, and Indonesia. This has resulted in an increase in the adoption of earphones and headphones in these countries.

Strengthening the distribution channel and expanding advertising platforms for earphones and headphones is also contributing to the development of the global market for earphones and headphones. The music industry as a whole is estimated to contribute to the growing GDP and per capita revenue of various nations. Thus, continuous growth in the music industry and the music streaming market is boosting the adoption of accessories for music systems, which include earphones, headphones, and intelligent speakers.

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Companies Shifting Focal Point to Multi-Brand Distribution & E-commerce

A significant number of companies in the earphone and headphone market depend mainly upon powerful sales channels, such as multi-brand distributors and the retailers of headphones & earphones, to be able to offer better customer service and achieve a competitive edge in the earphone and headphone industry. In addition to partnerships with distributors, the providers of earphones and headphones collaborate with numerous E-commerce companies, such as Alibaba and Amazon, due to the growing E-commerce industry, especially in nations such as the U.S., China, Brazil, and India. Strengthening the distribution channel and expanding marketing platforms for various items also contributes to the development of the global market for earphones and headphones.

Some of the key players in the global earphone and headphone market research report include Plantronics Pty Ltd., Sennheiser Electronic GmbH & Co. KG, JVC Corporation, GN Netcom (Jabra), Sony Corporation, Harman International Industries, Philips Electronics Ltd., Bose Corporation, Beats (Apple Inc.), and Audio-Technical Corporation. These companies in the earphone and headphone market are continually focusing on providing leading products and following the strategy of entering into collaborations and partnerships with other providers to offer enhanced earphones & headphones and to reach new growth markets during the forecast period.

Based on product type, the global earphone and headphone market is sub-segmented into ear buds, in-ear, on-ear, and over-ear. The rapid growth of the music industry and the penetration of music streaming has resulted in significant growth in the demand for earphones and headphones. Based on technology, the global earphone and headphone market is sub-segmented into systems, which include wireless and wired. Based on application, the market is sub-segmented into personal use and professional use, which is further divided into corporate offices and media & entertainment, sports, and gaming. Based on headset type, the market is sub-segmented into ANC and Non-ANC. Based on the distribution channel, the market is sub-segmented into distributors & value-added resellers, retail stores, which includes multi-brand stores and exclusive stores, and the e-commerce channel. Based on price range, the market is sub-segmented into low price, medium price, and premium price.

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Vital Signs Monitoring Devices Market is expected to exhibit a CAGR of 8.5% during the forecast period (2020-2030)

Increasing adoption of vital signs monitoring devices by clinicians for the measurement of vital signs of hospitalized patients has immensely attracted market players’ attention. However, continuous focus among manufacturers on developing new vital signs monitoring devices is also expected to propel market growth during forecast period. Moreover, growing demand for portable and low-cost devices is creating significant opportunity for global vital signs monitoring devices market players to develop and launch novel products and expand their businesses.

Key stakeholders are increasingly investing in vital signs monitoring devices as well as the development of innovative products. The global vital signs monitoring devices market was valued at US$ 5.7 Bn in 2020, and is expected to exhibit a CAGR of 8.5% during the forecast period (2020-2030).

The healthcare industry is at the front line of the coronavirus (COVID-19) pandemic. As epidemiological numbers continue to soar, the industry is running out of resources for treating the expanding patient pool. In a bid to ease off the burden, players such as Medtronic Plc. and Masimo Corporation are launching vital signs monitoring devices to treat patients remotely.

Key Takeaways of Vital Signs Monitoring Devices Market Study

  • Monitors, followed by temperature measurement devices, account for a larger value share in the global vital signs monitoring devices market, owing to their increasing use in hospitals and other diagnosis centres for patient monitoring.
  • Standalone vital signs monitoring devices hold a leading revenue share, owing to their availability and increasing installation rates in hospitals and other healthcare centres.
  • Hospitals capture around 70% value share in the vital signs monitoring devices market, owing to high patient preference for diagnosis and treatment of different diseases in these settings.

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  • North America will continue to define stakeholders’ bottom lines in the global vital signs monitoring devices market during forecast period.
  • Upsurge in government funding to increase the number of hospitals and improve quality of care is expected to drive the growth of the vital signs monitoring devices market in Asia.

Market introduction of new innovative products as per patients’ needs is majorly responsible for intense competition among players in the vital signs monitoring devices market. Several companies are focusing on launching customizable vital signs monitoring devices in order to increase their product sales and expand market share. For example, in December 2019, Nihon Kohden Corporation launched the life scope SVM-7200 series vital sign monitors – easy-to-use, portable monitors having customizable early warning functionality to help clinicians.

What else is in the report?

Future Market Insights offer a unique perspective and actionable insights on the vital signs monitoring devices market in its latest study, presenting historical demand assessment of 2015-2019 and projections for 2020-2030, based on product (monitors, temperature measurement devices, blood pressure measurement devices, and standalone pulse oximeters), mount type (standalone and portable), end user (hospitals, clinics, ambulatory surgical centres, and home care settings), across seven key regions.

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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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Bioprocessing Systems Market 2022 Segmentation and Analysis by Recent Trends, consumption by Regional data, Development, Investigation, Growth

Manufacturing biologics is a complicated process and thus generally are outsourced by the manufacturers. Bioprocessing is the manufacturing process which helps in producing bio-based products such as vegetable oils, and fatty acids. The major applications of bioprocess industry are vaccines, tissue engineering, biosensors, and biopharmaceuticals. Bioprocessing also is known as biopharmaceutical manufacturing is a bioprocess used for the production of therapeutic cells. Bioprocessing systems thus are in high demand due to wide industrial applications in the market. It is used for various processes used in bioprocessing of enzymes, cells, medical equipment, the food related process of filtration, distillation and other.

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Segment Overview

A major application of global bioprocessing systems includes vaccines development, biopharmaceuticals, nutraceuticals, and other food processing. Other applications include filtrations, tissue engineering, chromatography, mixers, bioreactors, and also waste management in the environmental management aid. This process is carried out by using degradable sources such as vegetable oils and fatty acids. It thus facilitates an eco-friendly production system. In the industrial use segment, global bioprocessing systems are widely used in biopharmaceuticals and nutraceuticals.

The vaccines, drugs, medical aids, bottles, medicines all use bioprocessing systems. Due to volatile petroleum prices, chemical industries are expected to have a significant share in global bioprocessing systems consumption. Based on the bioprocess, the global bioprocesses market is segmented into four divisions namely upstream bioprocessing, downstream bioprocessing, and single-use bioprocessing and integrated bioprocessing. The Upstream process involves media development, cell culture, harvesting of cells, and fermentation.

Regional Overview

Geographically, the global bioprocessing system market is segmented into seven regions including North America, Latin America, Eastern Europe, Western Europe, Japan, Asia-Pacific, and the Middle East and Africa. The global bioprocessing system market is expected to have healthy CAGR during the forecast period due to high demand from biopharmaceutical and nutraceutical industries, the wide range of applications such as food and beverages, life science research, and various other industries.

Owing to increased life science research and rapid development in biopharmaceuticals, the global bioprocessing market in North America and Europe is expected to have a significant share in the forecasted period. In terms of the developing region of Asia-Pacific, the growth of the global bioprocessing systems market is significantly high and with comparatively high CAGR in the forecast period owing to the factors such as rapid economic development, globalization, and increasing demand for bio-based products in food & beverages industry, high usage of the industrial chemicals and nutraceutical industries.

The Asia Pacific, due to potential market players investing in the R & D development of this region, is expected to have significant CAGR during the forecast period 2017-2027. Overall, the global market for bioprocessing systems is projected to grow significantly by the end of the forecast period.

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Market Players

Some of the prominent players of the global bioprocessing systems markets are  Lonza,  Pall Corporation, GE Healthcare Bio-Sciences AB, Nordson MEDICAL’s, Robert Bosch GmbH, Thermo Fisher Scientific Inc, EMD Millipore Corporation, PBS Biotech, Inc.,

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, and Rest of Latin America)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg, and Rest of Western Europe)
  • Eastern Europe (Poland, Russia, and Rest of Eastern Europe)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC, S. Africa, and Rest of MEA)

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 an 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.

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Global Bioprocessing Systems: Market Dynamics

The global bioprocessing systems market witnessed significant growth owing to the increasing demand for bio-based products. The heavy demand for such systems by the industries such as food, pharmaceuticals, nutraceuticals, chemicals, and polymers coupled with automation in the industrial process minimizing human errors have propelled the growth of the global bioprocessing market.

Moreover, the factors such as rising demand for biopharmaceutical production, increasing symptoms of chronic diseases, low manufacturing costs as compared to the artificial source of materials, and improvisation of infrastructure in life science research have triggered the global bioprocessing systems during the forecast period 2017-2027. Growing demand for the single-use systems of bioprocessing systems is expected to gain traction during the forecast period which is supposed to augment the global bioprocessing system market.

By Segmentation:

Based on the process, the global bioprocessing system market is segmented into

  • Upstream
  • Downstream
  • Single-Use
  • Integrated

Based on its applications, the global bioprocessing system market is segmented into

  • Vaccine Development
  • Cell therapy and plant cell cultivation
  • Filters
  • Tissue engineering,
  • Biosensors
  • Bioreactors and mixers
  • Plasma fractionation
  • Chromatography
  • Bio-therapeutic Molecule Production
  • Environmental management aid

Based on the end-use industries, the global bioprocessing system market is segmented into

  • Food and Beverages
  • Biopharmaceutical
  • Neutraceuticals
  • Specialty products and industrial chemicals

 

Steam Jet Ejector Market 2022 Segmentation and Analysis by Recent Trends, consumption by Regional data, Development, Investigation, Growth

Steam jet ejectors are simple in operation, reliable in functioning, and incur low operational costs to produce the vacuum. They find numerous applications in the chemical industry and are found to be of high utility where a supply of high-pressure motive gas is available on the site. They possess several advantages over mechanical vacuum pumps. For instance, no source of power is required other than the motive gas, unlike that in mechanical vacuum pumps. Steam jet ejectors are also dependable producers of vacuum as they do not possess moving parts, and offer ease in installation, operation, and maintenance.

A steam jet ejector is a device that has no moving parts and is used for pumping; the motive force it uses is a fluid or a gas, and the motive fluid is steam. The components of a steam jet ejector include the steam chest, nozzle, suction, throat, diffuser, and discharger. Considering the high utility of steam jet ejectors in vital applications, the study of the steam jet ejector global market becomes an important read.

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Steam Jet Ejector Market: Key Trends, Drivers

Since contemporary energy-efficient steam jet ejector systems have been offering many advantages over other vacuum producing systems and as they can utilize motive steam, which is already available on site and that would otherwise be wasted, steam jet ejectors have been finding increasing industrial applications in recent times, thereby driving their market growth.

Besides, steam jet ejectors are extremely reliable among all high vacuum systems, and are simple in design, and have low noise levels during operation vis-à-vis other vacuum equipment.  Further, steam jet ejectors are found to be ideal for large load applications. They require negligible maintenance as they do not have moving parts, and could be custom designed for specific applications. Steam jet ejectors are easy to retrofit as well as upgrade and are available in any workable material of construction. Such advantages have been significantly driving the global demand for steam jet ejectors in the recent past, and it is expected that these benefits will further propel their market growth for the next few years.

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, and Rest of Latin America)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg, and Rest of Western Europe)
  • Eastern Europe (Poland, Russia, and Rest of Eastern Europe)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC, S. Africa, and Rest of MEA)

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 an 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

However, steam jet ejectors display a few limitations. For instance, during operation, it is essential to maintain the design quality of steam. If the steam quality reduces, there is a decline in suction pressure and capacity, especially in multi-stage steam jet ejector designs. Also, excessive superheating of steam can unfavorably affect the suction capacity of steam jet ejectors. It can reduce the ratio of energy levels, and subsequently, the rise in specific volume tends to choke the diffuser.

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The application of steam jet ejectors in a varied number of processes depends on appropriate process conditions. For instance, it is vital that the motive fluid pressure drop is significant enough to develop high nozzle velocities, and that the difference between suction and discharge pressures is not extreme and the suction fluid flow is relatively small compared to the motive fluid.

Such factors are expected to dampen the market growth rate of steam jet ejectors at a global level, as end-users tend to look for suitable substitutes.

Market Participants

Examples of some of the market participants in the global steam jet ejector market are as follows:

  • Croll Reynolds
  • Venturi Jet Pumps Ltd.
  • Gardner Denver Nash
  • Graham Corporation
  • Körting Hannover AG
  • Chem Process Systems
  • Unique Systems
  • Mazda Limited
  • Jet Vacuum Systems Pvt. Ltd.
  • New Field Industrial Equipment Pvt. Ltd.

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, applications, and industry.

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By segmentation:

Based on product type, the global steam jet ejector market is segmented as follows:

  • Single-stage steam jet ejectors
  • Multi-stage steam jet ejectors

Based on application type, the global steam jet ejector market is segmented as follows:

  • Crude oil distillation
  • Petrochemical processes
  • Edible oil deodorization
  • Organic motivated systems
  • Fertilizer plant operations
  • Thermal compressors
  • Hybrid vacuum systems
  • Metals vacuum degassing
  • Space simulation

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