Low Density Polyethylene (LDPE) Market Value Is Anticipated To Grow At A CAGR Of ~5% During The Forecast Period Of 2019-2029

Future Market Insights (FMI) recently published a revised market research report on the low density polyethylene (LDPE) that analyzes the low density polyethylene market and provides critical insights for the forecast period of 2019-2029. The global low density polyethylene market is likely to be valued at ~US$ 38,183.7 Mn in 2019 and is projected to increase at a CAGR of ~5% during the projected period of 2019-2029.

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As per the key findings of the report, the global low density polyethylene market is expected to witness considerable growth in the coming years due to the steady increase in the adoption of low density polyethylene in various automotive applications such as electrical components, upholstery, liquid reservoirs, etc.

Besides, stringent government regulations regarding reducing vehicular emissions are forcing manufacturers to shift towards lightweight plastics for various applications. With the automotive industry expanding at a high growth rate, more demand for low density polyethylene is expected in the future.

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High Demand for LDPE from Construction and Retail Industries

High usage of low density polyethylene is seen in the construction industry. With new construction projects coming up everywhere, the market demand for basic household products is also expected to rise. Most of these products are made by processing low density polyethylene (LDPE) through injection and extrusion moulding, e.g., pipes, trays, general purpose containers, toys and various bathroom, and kitchen products. Moreover, in the retail industry, more focus is on the packaging of products.

In 2014, total global retail sales were valued at ~US$ 20 Trn, which are expected to reach ~US$ 30.0 Trn – US$ 30.5 Trn by 2020 at a CAGR of ~ 6%. Low density polyethylene finds application in packaging and protective packaging of innumerable products sold in retail outlets. This, in turn, adds value to the global low density polyethylene market. Also, due to the rise in e-commerce, more people are buying products online. In 2014, the global e-commerce retail market was valued at ~US$ 1.5 Trn, which is expected to reach US$ 2.9-3.0 Trn by 2020.

In online business, safe delivery of commodities to customers is a critical concern for sellers. More attention is given on packaging of products bought through e-commerce or online sources, as compared to products sold through other channels. This factor is further driving the demand for low density polyethylene worldwide.

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Manufacturers Focus on Improved Quality of LDPE Grade and Lowered Production Costs

The global low density polyethylene market is considered to be a significantly consolidated one.The report highlights some of the prominent market players, who have established themselves as leaders in the global low density polyethylene LDPE market. Such market participants are focusing on expansion of business through mergers, acquisitions, and joint ventures. A few examples of key players in theglobal low density polyethylene market are LyondellBasell Industries N.V, The Dow Chemical Company, ExxonMobil Corporation, Saudi Basic Industries Corporation (SABIC), Qatar Petrochemical Company Q.S.C, BASF-YPC Company Limited, LG Chem Ltd., DuPont de Nemours, Inc., Braskem S.A., and Formosa Plastics Corporation, among others.

Global low density polyethylene manufacturers are focusing on improvements in low density polyethylene manufacturing technologies according to market requirements, in terms of quality of product grades, lower production costs, and environmental impact of the product.

Bentonite Market Is Expected To Grow At A CAGR Of 6.2% In The Coming Assessment Period 2021-2031

Increasing oil drilling and construction activities across the world is expected to create increasing demand for bentonite between 2021 and 2031, finds Future Market Insights (FMI) in a new study. According to the report, the market is expected to reach US$ 2.37 Bn by the end of 2031. Through the course of the forecast period it is expected to record solid growth, especially since developing economies are expected to offer lucrative growth opportunities.

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Bentonite is a highly colloidal clay mineral containing variety of accessory minerals such as quartz, feldspar, calcite and gypsum. Properties such as water absorption, swelling, viscosity, hydration and thixotropy makes bentonite a valuable material across various industries. Chemical and mechanical properties of bentonite materials can be altered through various additions and combinations of raw materials, which is based on application or use of finished product.

Bentonite is known for its versatile nature and application in numerous industries such as construction, oil & gas, food, pharmaceutical, foundry and among others. Of these, the oil industry is expected to remain dominant, accounting for nearly one-fourth of bentonite sold globally.

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Key Takeaways

  • Driven by applications across diverse industries, the bentonite market will exhibit a CAGR of 6.2% between 2021 and 2031
  • With oil and drilling activities pacing up, the U.S. is expected to account for 88% of bentonite sales in North America
  • Bentonite production in France and Poland will pick up at an impressive pace post lacklustre growth registered in 2020
  • Germany and Russia are expected to emerge as leading markets for bentonite in Europe
  • China is expected to spearhead growth of bentonite market in East Asia

“Role of bentonites in oil drilling applications continues to propel the overall market growth. However, due to stringent regulation imposed by governments on the use of some of the intermediate chemicals, which are used collectively with bentonite in drilling applications, the market might witness some hindrances to growth. Nonetheless, key manufacturers are focusing on enhancing the production rate which will aid the overall expansion of the market in the coming years.” says FMI analyst.

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Competitive Landscape

The market is moderately fragmented with key players accounting for small market share. Some of the key players in the market are Kemira OYJ, Mineral Technologies Inc. Clariant AG, Kunimine Industries Co., Ltd. Charles B Chrystal Co. Inc, Ashapura Group of Companies, Halliburton Co, Wyo-Ben, Inc, Polymer Drilling Systems (PDS) Co, Inc, Black Hills Bentonite, LLC, Alfa Aesar, Kutch Minerals, among others. These key players are expected to invest in new technology developments and their networks expansion in order to maintain their market shares.

Peritoneal Catheter Systems Market – Future Scenario, Key Insights, Top Companies 2031

According to the latest research by FMI, Peritoneal Catheter Systems is set to witness a 7.1% growth during the year 2021-2031. Peritoneal catheter systems are small plastic tubes which are implanted under the skin to draw out excess fluid from the peritoneal cavity or abdominal cavity. The peritoneal catheter systems are also used for delivering anti-cancer drugs into the abdominal cavity.

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The catheter is implanted through minimally invasive procedure.

The demand for peritoneal catheter systems is expected to grow at a steady pace through the forecast period because of their application in Dialysis in patients with chronic renal failure, intraperitoneal therapy for the delivery of anti-cancer drugs and serial paracentesis.

What is Driving Demand for Peritoneal Catheter Systems

The growth for peritoneal catheter systems is driven by various factors including the increasing number of End-Stage Renal Disease patients and rising geriatric population globally.

The growing prevalence of diabetes and hypertension, leading to kidney failure and the advancements in dialysis techniques also act as major factors driving demand for peritoneal catheter systems.

Apart from these factors, there is also a growth in the number of dialysis centers over the world and the growth is largely associated with the lack of organ donors for transplant procedures.

Furthermore, key players across the globe focus on advancements in peritoneal catheter systems and assist with inventive growth opportunities.

Which Factors are likely to Augment Growth of Peritoneal Catheter Systems

The growth of peritoneal catheter systems is likely to be augmented by technological factors such as novel use of peritoneal catheter systems for drainage of malignant and non-malignant ascites.

For instance, key player such as Becton, Dickinson and Company has introduced the product “PeritX™ Peritoneal Catheter System” for the drainage of ascites fluids.

Furthermore, various disorders associated with old age in geriatric population, such as inflammation, swelling and infections of kidney are further expected to propel the growth of peritoneal catheter systems.

Government initiatives for developed healthcare infrastructure in developing economies will lead to a reinforced growth in demand for peritoneal catheter systems.

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U.S. and Canada Peritoneal Catheter Systems Outlook

The region of North America accounts for the dominant market stance in the current scenario for peritoneal catheter systems.

This position is owed to the growing prevalence of chronic diseases such as diabetes and hypertension which are the major causes leading to kidney failure.

According to the U.S. Kidney Disease Statistics by the National Institute of Diabetes and Digestive and Kidney diseases, about 661,000 people in the country suffer from kidney failure out of which, about 468,000 individuals are on dialysis.

The rising number of population with kidney failure and dialysis adoption have marked a growth in the demand for peritoneal catheter systems.

Various government initiatives such as the Canadian Health Act allow reimbursements and thus allow implementation of peritoneal catheter systems.

Europe Demand Outlook for Peritoneal Catheter Systems

The European region is set to witness a steadily moderate demand for peritoneal catheter systems as compared to the Asia-Pacific region due to high prevalence of patients suffering from end stage renal disease in Asia-Pacific region.

However, the European peritoneal catheter systems growth outlook is set to surge over factors such as rising prevalence of chronic diseases and increasing preference of patients for opting dialysis treatment over kidney transplant.

Who are the Key Manufacturers and Suppliers of Peritoneal Catheter Systems

The key companies operating in manufacturing and supply of Peritoneal Catheter Systems include

The key players adopt growth strategies for product portfolio expansion by designing novel drainage tubes for peritoneal catheter systems.

The companies also have extensive distribution systems for effective sales revenue generation.

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

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

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

Peritoneal Catheter Systems market Report Highlights:

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

NOTE – All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

Key Segments

By Shape:

  • Straight
  • pigtail-curled
  • swan-neck

By Application:

  • Renal Dialysis
  • intraperitoneal therapy
  • serial paracentesis

By End User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Dialysis Clinics

By Region:

  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
  • Europe
    • Germany
    • Italy
    • France
    • U.K.
    • Spain
    • BENELUX
    • Russia
  • South Asia
    • India
    • Thailand
    • Malaysia
    • Indonesia

Patient Hygiene Aids Market Expected to Witness High Growth by 2031

According to the latest research by Future Market Insights, Patient Hygiene Aids Market is set to experience 6.5% growth during the year 2021-2031. Patient hygiene refers to the practice of maintaining cleanliness of the patient. It includes of sanitizing, washing and cleaning.

The upliftment of maintance of patient hygiene is one of the primary factors leading towards the growth if the global patient hygiene aids market.

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What is Driving Demand for Patient Hygiene Aids Market

Hygiene is a series of role performed to preserve health and prevent spread of diseases. Patient hygiene aids market includes of bathing regularly, handling foods, washing hands and sexual cleanliness. Some practices are gender specified. Furthermore, increasing opportunities in developing economies also form a lucrative opportunity for the market upliftment.

Moreover, growing patient hygiene aids health expenditure is also driving the demand for Patient Hygiene Aids Market sales.

Growth in disposable income is Likely to Augment Patient Hygiene Aids Market

Increment in the disposable income also with growing health expenditure in patient hygiene aids market is like to augment the market growth.

Furthermore, growing awareness among people in developed region for enhancement of quality and health of life is attributed to drive the demand for patient hygiene aids market.

For instance, according to National Health Expenditure there was 4.6 % increment in U.S. for patient hygiene aids.

U.S. and Canada Outlook

U.S. and Canada are expected to have the highest share and therefore will dominate the Patient Hygiene Aids Market. This region is showing momentous growth over the forecast period.

Growing technological advancements and increasing population base along with growing disposable income will further augment the market growth in patient hygiene aids market in this region.

For instance, growing population along with increasing acceptance of personal hygiene have further lead to the increased usage of hygienic products and therefore significantly drive the patient hygiene aid market.

Europe Demand Outlook for Patient Hygiene Aids Market

The European market for Patient Hygiene Aids Market is estimated to grow at a considerable rate during the forecast period.

This surge is due to economic development, expansion in healthcare infrastructure and also increasing initiatives by public and private organizations for awareness about the patient hygiene aids in this region is like to augment the Patient Hygiene Aids Market.

Moreover, increase in availability of hygienic products to proliferate the consumption of patient hygienic aids is the major of the major factor driving the Patient Hygiene Aids Market in this region.

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Who are the Key Manufacturers and Suppliers of Patient Hygiene Aids Market

Some of the key players operating in the Patient Hygiene Aids Market are

Manufacturers in the market focus on carrying out certain strategic activities such as acquisitions and merger, expansion, product launch, etc.

For instance, as pandemic fuelled up demand for hygienic products was uplifted at significant pace.

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

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

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

Patient Hygiene Aids Market Report Highlights:

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

NOTE – All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

Key Segment

By Gender Type:

  • Unisex
  • Male
  • Female

By Distribution Channel Type:

  • Retail Pharmacies
  • Hospital Based Pharmacies
  • E-Commerce
  • Others

By Product:

  • Hand sanitizers
  • Soaps
  • Others

By Region:

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

Tipper Body Equipment Market valuation of more than US$ 1,000 Mn by the end of 2026

The region is anticipated to reach a market valuation of more than US$ 1,000 Mn by the end of 2026. China is estimated to hold more than one-fourth of the value share in the APEJ tipper body equipment market between 2016 and 2026.

APEJ accounted for more than 20% value share of the global tipper body equipment market in 2016 and is estimated to reach close to 30% share by the end of 2026. The region is projected to gain more than 150 BPS by the end of 2026 as compared to that in 2016. The APEJ region is forecasted to lead the global tipper body equipment market in terms of CAGR and is expanding at a healthy CAGR of 4.8% over the assessment period.

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Global Tipper Body Equipment Market: Segment-wise Insights

By tipping type, rear tipper body segment will continue to dominate, accounting for over 62% share in terms of value in 2026. This segment will possibly gain 270 BPS over the assessed period, expanding at a CAGR of 4.6% over 2016-2026. The second largest segment will be three-way tipper body.

Based on load-carrying capacity, 15-30 tons segment will lead, capturing roughly 65% market value share in 2026. Gaining around 140 BPS, this segment will demonstrate the fastest growth through 2024. Although below 15 tons segment is expected to be the second largest in terms of revenues, the 30 tons and above segment will witness a relatively higher CAGR.

By mechanism, hydraulic segment will remain dominant over pneumatic segment, accounting for over 87% share of the global market value in 2026. Both the segment will however witness moderate growth over the assessment period.

On the basis of frame material, steel will continue to rule, reaching US$ 4,223 Mn by 2026 end that is likely to account for nearly 85% share of the total market revenues. Aluminum will remain the second largest segment.

By end-use, mining and construction will continue to dominate other segments during the next decade. While consumption by mining sector will possibly capture over 32% share in 2026, revenues from construction segment are foreseen to account for more than 28% share of the market value in 2026. Waste management is projected to be the third largest segment.

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Global Tipper Body Equipment Market: Regional Insights

  • Regional analysis of the global tipper body equipment market by Future Market Insights indicates that Asia Pacific (excluding Japan), North America, Latin America, and Europe will be the key markets throughout the next decade.
  • APEJ, driven by China and India, is projected to dominate with more than 28% value share at the end of assessed period with a gain of 180 BPS.
  • North America will remain the second largest regional market that is expected to bag over 23% share in 2026.

Global Tipper Body Equipment Market: Key Vendor Insights

  • Among some of the key companies operating in the global tipper body equipment market landscape, Schmitz Cargobull AG and Hyva Global B.V. are likely to continue representing leading revenue shares over the forecast period.
  • Other notable players include Crysteel Manufacturing Inc., Thompsons (UK) Ltd., BION INDUSTRIAL LLC, and F.X. MEILLER.
  • While a majority key players are strategising new product launches, collaborations, and joint ventures, others are focusing more on production capacity expansion and acquisitions.

Global Tipper Body Equipment Market: Overall Dynamics

With growing urbanisation and booming construction and mining sectors, the demand for tipper body equipment is expected to be maintained over the next few years. Steady demand from waste management sector will also provide a push to the market for tipper body equipment. Moreover, technological innovation in tipper body products, such as redesigning of the driver’s cabin in tipping equipment and vehicles to provide an operating experience as convenient as possible, is also anticipated to favor the sales in near future.

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Growing use of advanced telematics systems by manufacturers is expected to remain one of the important market drivers over the decade. Rapid adoption of automation is identified to be another key factor that will potentially drive the market growth during the assessment period. Relatively higher fuel consumption and negative environmental impact of tipper equipment and vehicles will continue to challenge market growth over the next decade.

In addition, cost-intensive capital and high maintenance will also remain the long-term restraints for market growth. However, high initial costs of purchasing tipper body equipment is subsequently boosting the establishment of tipper rental businesses and compelling those that are already established to become more organised to cater to a growing trend of rental tipper body equipment.

Another remarkable trend driving the market includes development of cost-competitive products to maximise penetration in emerging economies, such as China, India, and South Africa. Development of effective tipper body equipment with enhanced load-carrying capacity and provision of efficient buyer and drivers’ training by manufacturing entities are likely to present lucrative growth opportunities. While product development with advanced diagnosis systems can be a key to sustain relatively mature markets, such as North America and Western Europe; massive potential lies in developing countries, including BRIC nations.

Paediatric & Neonatal Testing Kits Market Revenue Growth Predicted by 2031

According to the latest research by Future Market Insights, the Paediatric & Neonatal Testing Kits Market is expected to witness robust growth with 4-5% CAGR during the forecast period from 2021 to 2031.

The Paediatric & Neonatal Testing Kits will show growth due to the rising organ transplants globally and an increased number of donors to support the recipients’ transplantation. Therefore, growth at a significantly high CAGR will be expected soon.

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What is Driving the Demand for Paediatric & Neonatal Testing Kits

Paediatric & Neonatal testing refers to the process of taking a blood sample from and testing the sample to identify specific illnesses or conditions.

The illnesses that are tested are genetic, metabolic, or endocrine disorders.

The specific conditions included in a new-born screening test are typically illnesses that are serious and rare and may not have symptoms right away. The purpose of testing is to identify these illnesses early before the baby develops symptoms and becomes sick and to treat the disease so that the baby remains healthy.

The test is usually done twice, once before the baby leaves the hospital after being born and then a second time in the baby’s physician’s office in the first 2 weeks of life.

According to a study, each year, almost all of the 4 million babies born in the United States experience new-born screening. Of these babies who undergo screening, about 4000 will test positive for a condition.

According to WHO, it is to be expected that, at least 500,000 HIV-infected infants will be born each year, most of them in low-income countries with generalized epidemics. Mother-to-child transmission of HIV accounts for the vast majority of the 2.3 million children under the age of 15 years who are estimated to be living with HIV, almost 90% of them in sub-Saharan Africa.

As per WHO facts, in 2006, 380,000 children aged under 15 years died of AIDS-related causes.

Affordable treatments for opportunistic infections are becoming increasingly available but this is of little benefit to infants unless they can be diagnosed early.

Early diagnosis of HIV allows healthcare providers to offer optimal care and treatment of HIV infected children, assists in decision-making on infant feeding and avoids needless stress in mothers and families.

Which Factors are likely to Augment the Growth of the Paediatric & Neonatal Testing Kits Market

Increasing cases of allergies in infants and children are becoming a large factor for diagnosis. Allergy-related disorders are among the leading diagnoses of chronic diseases in children.

According to one study, 8-10% have asthma and 15-25% have allergic rhinitis (hay fever). Most of these birth defects have no immediate visible effects on a baby but, unless detected and treated early, can cause physical problems, mental retardation, and, in some cases, death.

A lot of babies are found to have metabolic disorders and in these cases, only an early diagnosis and proper treatment can make the difference.

For rare diseases, neonatal testing represents a weapon for early detection.

The SARS-Cov-2 pandemic necessitates tailored recommendations addressing specific procedures for neonatal and paediatric transport of suspected or positive COVID-19 patients.

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The U.S. and Canada Paediatric & Neonatal Testing Kits Market Outlook

U.S. and Canada will retain the top position in the market of Paediatric & Neonatal Testing Kits due to the pronounced government involvement in paediatric & neonatal testing.

According to the American Academy of Paediatrics each year, 4.1 million new-borns are screened for congenital disorders in the U.S. Of these, 4,000 infants are diagnosed as having a condition.

It is estimated another 1,000 infants that have conditions go undetected. The Canadian Task Force on Preventive Health recommends that all children and teens age 17 years and younger have their growth monitored during primary care visits.

According to the U.S. Centres for Disease Control and Prevention, TB in children is a public health concern because it is a marker for recent transmission of the bacteria, and infants and young children are more likely than older children and adults to develop life-threatening forms of the disease.

Among children, the most cases of TB are seen in those under 5 years of age and adolescents older than 10 years of age.

The American Academy of Paediatrics recommends that children who are at risk of contracting TB should have a tuberculin skin test.

Europe Demand Outlook for Paediatric & Neonatal Testing Kits

Europe is seeing growth in advancement in the healthcare sector and an increase in demand for better healthcare providing opportunities will lead the Paediatric & Neonatal Testing Kits market in Europe.

There has been immense involvement of the government in paediatric and neonatal screening.

In 2004, the European Cystic Fibrosis Society (ECFS) established the Neonatal Screening Working Group (NSWG) to track current practices, support implementation, and establish consensus on issues arising in new-born screening.

It has been found that there has been a substantial increase and the adoption of Cystic Fibrosis New-born screening in Europe.

Similarly, there have been steps taken by associations and governments in the region to promote Paediatric & Neonatal Testing. This will give rise to the market in the forecasted period.

Who are the Key Manufacturers and Suppliers of Paediatric & Neonatal Testing Kits

Some of the leading manufacturers and suppliers of Paediatric & Neonatal Testing Kits include

  • PerkinElmer Inc.
  • Trivitron Healthcare
  • Natus Medical Incorporated
  • Medtronic Plc
  • Thermo Fisher Scientific Inc.
  • Bio-Rad Laboratories Inc
  • , GE Healthcare
  • ZenTech S.A.
  • MP BIOMEDICALS
  • Baebies, Inc.
  • Masimo CareDx Inc.
  • Thermo Fisher Scientific
  • QIAGEN
  • Hologic Inc.
  •  Eurofins Scientific
  • JETA Molecular BV.
  • ELITech Group SAS, Natera, Inc.
  • F. Hoffmann-La Roche Ltd
  • Biocare Health Resources Inc.
  • Bio-Rad Laboratories, Inc.
  • Biogenuix Medsystems Pvt Ltd
  • Genome Diagnostics B.V.
  • Sanbio B.V., and others.

These companies followed certain strategies like partnership, collaboration, product launch, and mergers and acquisitions to gain a good position in the market.

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.

Pediatric & Neonatal Testing Kits Market Report Highlights:

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

Key Segments

By Product:

  • Assay kits & reagents
  • Instruments
    • Table-top
    • Point of Care Testing

By Test Type:

  • Dried Blood Spot
  • Hearing Screening
  • Critical Congenital Heart Defect (CCHD)
  • Others

By Technology:

  • Tandem Mass Spectrometry
  • Pulse Oximetry
  • Enzyme-based assays
  • DNA based assays
  • Electrophoresis
  • Others

By End User:

  • Hospitals
  • Diagnostic Centres
  • Maternity & Specialty Clinics
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA

High Pressure Processing Equipment Market to reach USD 439 Mn by 2026

In its latest report, Future Market Insights (FMI) has identified few of the major trends governing the overall market for high pressure processing equipment (HPPE). In brief, rapid adoption of high pressure processing technique among premium juice manufacturers, automation and technological innovation and growing number of HPP tolling service providers are playing a major role in shaping the market trajectories currently.

The global high pressure processing equipment market is anticipated to surpass market value of USD 430 Mn, while recording a CAGR of 12.3% in terms of volume from 2016 and 2026, and at a value CAGR worth 13.7% in the same time period.

The launch of new clean label products and growing awareness regarding its benefits is expected to propel the high pressure processing equipment market during the forecast period.

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US is predicted to procure more than three-fourths of the total high pressure processing equipment market in North America, propelling at a CAGR of 16.7% by the end of 2026. Western Europe is anticipated to gain more than 100 BPS between 2016 and 2026, expanding at a CAGR of 14.1% in the forecast period.

Hiperbaric S.A — Most Successful Player in Recent Years

According to the report, Hiperbaric S.A a prominent manufacturer of high pressure processing equipment is the current leader in the global market as the company’s hold over the North American region is substantially strong.

FMI’s Insights on Growth Factors

  • FMI indicates that the growing demand for processed, packaged and ready-to-eat food products worldwide is encouraging the use of high pressure processing equipment in food and beverage industry.
  • Growing health concerns and increasing awareness amongst consumers on health benefits from “clean label” food is projected to influence the market growth during 2016 to 2026.
  • Implementation of stringent regulatory norms pertaining to food safety, especially in North American and West European countries are compelling food processing companies to install efficient HPP equipment in processing plants.

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The adoption rate of HPP equipment for cold pasteurisation in F&B industry is one the major parameters based on which the global market size has been calculated. FMI forecasts the global high pressure processing equipment market to witness a CAGR of over 13 % in terms of value and a CAGR of 12.3% in terms of volume between 2016 and 2026. The US$ 133.5 Million HPP equipment market is estimated to create an incremental $ opportunity of over US$ 350.5 Million during the assessment period.

Horizontal Vessels — Leading Arrangements Type Segment

Based on vessel arrangements type, the horizontal vessel is expected to be the predominant segment of the market in terms of value over 2026. Growing demand for horizontal vessel arrangements is expected to make a significant contribution to the overall market growth. Horizontal vessels possess easy loading and unloading operations with a high volume capacity, hence, have a higher preference in the market.

By applications, the meat is the largest segment in the market both in terms of value and volume. Whereas, the juice & beverage segment is anticipated to witness the fastest growth in terms of value during the forecast period.

Based on capacity, demand for above 300 litres vessels or containers is expected to gain traction over the next couple of years. Despite their high cost, above 300 litres vessels segment is projected to register a strong CAGR due to their high holding capacity.

Based on the regional analysis, the market in North America will continue to lead the pack during the forecast period. In 2016, the region accounted for over 40% share of the market followed by Europe. In addition, both the regions collectively accounted for nearly 75% share of the market in terms of value in 2016. Owing to a substantially high demand for HPP equipment from tolling services providers and their growing application base across various end-use industries, the HPP equipment market is flourishing in the region of North America. In Asia Pacific, particularly China is set to witness a robust adoption of HPP equipment in various industrial domains over the next few years.

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Competitive Dashboard

Apart from Hiperbaric S.A, Stansted Fluid Power Ltd, Multivac Group, Bao Tou KeFa High Pressure Technology Co., Ltd, Avure technologies, and Kobe Steel, Ltd., are some of other key players operating in the global market for high pressure processing equipment.

Australia Conveyor Maintenance Market excess of US$ 700 Mn by end of 2026

The Australia conveyor maintenance market was valued at US$ 542.6 Mn in 2015. The Australia conveyor maintenance market is estimated to be valued at US$ 558.7 Mn by 2016 and is estimated to touch a market valuation in excess of US$ 700 Mn by end of 2026 registering a CAGR of 3.1% over the forecast period (2016 – 2026). The market is projected to represent incremental opportunity of nearly US$ 200 Mn between 2016 and 2026.

Key Driver Insights

Bulk conveyors are the lifelines of mining industry. With mining giants facing tight production deadlines and shoestring maintenance budgets, downtime due to malfunctioning of conveyor systems has become a key area of concern. While Australia is a longstanding mining leader, Future Market Insights indicates the maximum concentration of the region’s conveyor maintenance market in the mining sector.

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Mineral Production Hike: The overall increase in the production and processing capacity of Australia’s mining industry will amplify operating and maintenance budgets. Rising mineral production capacity is foreseen to remain the strongest factor pushing the demand for conveyor maintenance services.

New Mining Projects: With the mining industry welcoming a host of new coal, iron ore, and gold projects, the market for conveyor maintenance is estimated to elevate gradually over the next decade. However, volatility in mining will continue to create pricing pressure, restraining the Australia conveyor maintenance market growth to a certain extent.

Conveyor Modernisation Trend: Miners are increasingly preferring modernisation of conveyors that eventually extend their life span, providing impetus to the component fixing/replacement segment.

Mining Evolution: Major mining players are increasingly engaging in plant expansion and investments. This, coupled with the steady evolution in mining operations, will create profitable opportunities for conveyor maintenance service providers. Advancements in mining are likely to boost service providers’ abilities to deliver services and components confined to evolving mining operations.

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Segmentation Insights

  • By service type, the component fixing/replacement segment will continue its dominance, accounting for over 78% value share in 2026. The maintenance services segment will reportedly lose 230 BPS over 2016-2026, as one-time maintenance trend will continue to limit long-term maintenance contracts
  • By conveyor type, rubber segment will retain the leading position with over 95% market value share by 2026 end. While the plastic and others segment will be sustained by the adoption of enhanced materials such as polyurethane, the metal segment will continue to hold a negligible market value share due to application in the automotive and food manufacturing sector
  • Among conveyor components, rollers and conveyor belts will dominate over cleaners and other components over the forecast period. Roller and idler segment is forecast to lead, followed by conveyor belt segment
  • Mining will remain the largest end-use segment with over three-fourth revenue share by 2026 end

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Key Player Insights

Future Market Insights has profiled the leading players operating in the Australia conveyor maintenance market. These include Rema Tip Top Australia, Flexible Steel Lancing Company (FLEXCO), Habasit Australia Pty Ltd., Fenner Dunlop Australia Pty Ltd., Forbo Siegling Pty Ltd., ContiTech Australia Pty. Ltd., Reliable Conveyor Belt Pty. Limited, Kinder Australia Pty Ltd, Nepean Engineering & Innovation Pty Ltd., Minprovise Pty Ltd., Endless Belt Service Pty Ltd, and Mato GmbH & Co. KG. The market is currently witnessing a consolidation trend.

Birth Tissue Products Market Key Opportunity, Analysis, Growth, Trends 2031

According to the latest research by Future Market Insights, the birth tissue products market is ready to take its global graph on the upward direction to reach its high point.

The reason for the growth of the market is the global increase in adaptation of the tissue regeneration method for wound healing and plastic surgeries.

The increase funding in healthcare sector is also a factor for the increase in growth of the birth tissue products market in the forecast period 2021-2031

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What is Driving Demand for Birth Tissue Products

The presence of FDA guidelines in regards with the tissue management procedures that maintains integrity of tissue and documentation regarding safety of tissue which enhances the quality of the tissues, this is driving the birth tissue products market growth.

The birth tissues speeds up the recovery for various patient such as wounded military persons and peoples who face difficulties in wound healing process.

The wide application of the birth tissues in the skin burns, skin cancers, ulcers and chronic wounds elevated the growth of the market.

U.S. and Canada Birth Tissue Products Market Outlook

The North American region (US & Canada) dominates the market share of the birth tissue products in the world.

The increase in prevalence of diabetic ulcers in the region opens the route for the birth tissue products market in the region.

The Rapid development in the healthcare sector and the presence of the top key players in the area which leads to a huge investment in the R&D is another driving factor of the region

The Health awareness programs by government and the American Association of tissue bank regarding the importance of donation of birth tissues gives a better base for the growth.

The fund raising by government in the healthcare sector plays a major role in the growth of the sector.

Demand & Outlook in Europe& Asia for Birth Tissue Products Market.

The European region holds the second position in the birth tissue products market, the increase in the patients of skin cancers in the region leads to the growth of the market in the region.

The healthcare awareness programs which improves the knowledge of people regarding the healing powers of the birth tissues which helps in boosting the market in the region.

Asia pacific region is the fastest growing and developing region in the world which results in the increasing government funding in healthcare sector, research and development sector which defines the growth of the market in the region.

The increase in population in the region plays a major role in increase in demand of the birth tissue market as the number of new born babies increases every year, which significantly gives an great opportunity to set a base for the birth tissue products market in the region

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Who are the Key Manufacturers and Suppliers of Birth Tissue Products Products

According to FMI analysis are

  • Amiox medical
  • biotissue inc
  • AATB
  • U.S. Stem Cell Inc
  • Vericel Corp. (Aastrom Biosciences Inc.)
  • Organogenesis Inc. (Advanced Biohealing)
  • Cerapedics Inc
  • Mesoblast Ltd.
  • Ocata Therapeutics Inc. (Astellas Pharma Inc.)
  • Tissue Recover(Alpha Cord)
  • BTR(Birth Tissue recovery)LLC
  • Tellagen llc
  • Predictive biotech

are the key players for the birth tissue products market.

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

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

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

Birth Tissue Products Market Report Highlights:

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

NOTE – All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

Key Segments

By Type of Tissue:

By Application:

  • Cardiovascular disorders
  • Oncology
  • Dermatology
  • Musculoskeletal
  • Wound healing
  • Ophthalmology

By End User:

  • Research Laboratories
  • Academic Institutes
  • Pharma and Biotech Companies
  • Hospitals and Diagnostic centers
  • Others

By Region:

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

Wound Skin Care Market to Witness Stunning Growth by 2031

According to the latest research by Future Market Insights, Wound Skin Care market is set to witness a 6.2% growth during the year 2021-2031. The market has been a semi-consolidated market growing at a rapid rate and is expected to witness lucrative growth with the rising number of patients with acute and chronic wounds, favorable reimbursement policies in emerging countries and the introduction of advanced products are anticipated to drive the market’s growth in the forecast period.

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What is Driving Demand for Wound Skin Care?

There are various factors that are help in driving the wound skin care market. Wound caused by minor and major accidents are constantly increasing since few years whereby depend on effective medications and treatment for rapid healing. Various chronic diseases moreover contribute to the rising concern of the wounds worldwide.

The high rate of SSI (surgical site infection) occurrences in surgeries for patients with cancer and diabetes likewise requires the negative pressure wound therapy. The market growth in the healthcare sector is proved with the fact that around SSIs holds for 38% of all the nosocomial infections in surgical patients. This indicates the need for wound skin care management and treatment thus boosting the demand for the market.

The launch of advanced products and rising investment in research & development by market players is anticipated to boost the demand for these products, especially in emerging countries. This is leading to the market growth.

Increasing prevalence of conditions & diseases affecting wound healing capabilities likely to drive the Wound Skin Care Sales

Physical health conditions, like acute wounds, surgical wounds and chronic wounds have an adverse effect on the wound healing process. The pervasiveness of surgical, chronic, and acute wounds has shown considerably growth over the past decade, mainly because of the rising worldwide geriatric population, the increasing prevalence of conditions like diabetes and obesity, increasing number of surgeries, and rising traumatic wounds. Obesity and diabetes can lead to growth in overall incidence and complexity of wounds like infections, chronic wounds, and ulcerations (leg or foot ulcers), which require treatments (wound management) and incur excessive medical expenses.

US and Canada Wound Skin Care Market Outlook

North America, majorly United States and Canada dominated the Wound Skin Care market. U.S. Wound Skin Care market will forecast significant growth due to rising cases of road accidents, sports injuries, and the presence of various major companies in the country.

Also, increase in prevalence of people suffering from various chronic diseases is anticipated to have a positive impact on the market growth. In addition, rise in initiatives undertaken by governments and authorities to develop healthcare systems and spread awareness regarding advantages of wound care products are furthermore projected to drive the growth of the market.

Europe Demand Outlook for Wound Skin Care

Europe is second-biggest market and is anticipated to register a significant growth because of the well-established infrastructure in countries like the Germany, U.K, etc., and hence rise in the adoption of innovative products in such countries.

Rising prevalence of diabetes is anticipated to drive the market growth over the forecast period. For example, as per the report North West Coast Strategic Clinical Networks of National Health Services, there were around 4.5 million individuals with diabetes in 2017 alone in the U.K. As per the same source, in 2017, approximately 200,000 diabetes patients are suffering from diabetic foot ulcers in U.K. Over 64,000 diabetes patients in Wales and England are expected to have foot ulcers at any given time. These factors add to the market growth over the forecast period.

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Who are the Key Manufacturers and Suppliers of Wound Skin Care?

Some of the leading manufacturers and suppliers of Wound Skin Care include

  • Derma Sciences Inc. (Integra LifeSciences)
  • Medline Industries, Inc
  •  Advancis Medical USA LLC
  • B. Braun Melsungen AG
  • Baxter International, Inc.
  • Coloplast Corp.
  • Medtronic PLC
  • The 3M Company Smith & Nephew PLC
  • Mölnlycke Health Care AB
  • Acelity (KCI Licensing, Inc.)
  • ConvaTec Group PLC
  • ?Ethicon Inc. (Johnson & Johnson)

The Wound Skin Care market is semi-consolidated, with the existence of a many of large-scale players available in worldwide markets, and various small-scale participants in specific regional markets. Furthermore, a strong focus on the strategic growth of their product portfolio through partnerships & acquisitions is anticipated to provide a strong foothold to the players in the market.

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

Wound Skin Care Market Report Highlights:

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

Key Segments

By Product:

  • Advanced Wound Care Products
  • Surgical Wound Care Products
  • Traditional Wound Care Products
  • Negative Pressure Wound Therapy
  • Wound Therapy Devices

By Application:

  • Acute Wounds
    • Traumatic and Surgical Wounds
    • Burns
  • Chronic Wounds
    • Pressure Ulcers
    • Diabetic Foot Ulcers
    • Venous Leg Ulcers
    • Others

By End User:

  • Hospitals & Clinics
  • Specialty Clinics
  • Home Care Settings
  • Others

By Region:

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