Ophthalmic Tonometers Market 2020: Global Industry Analysis, Size, Share, Growth, Trends And Forecast To 2030

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

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

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

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

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

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

Rising Demand for Advanced Technologies across Healthcare Facilities

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

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

COVID-19 Impact Analysis

Due to the COVID-19 pandemic the market demand has been witnessing sluggish growth as focus in general has shifted towards the emergency treatment due to the virus outbreak.

Furthermore, the shut downs of manufacturing units for long time, unavailability of labors, scarcity of raw materials and other factors have declined the market growth.

According to FMI, these restraining factors due to COVID-19 is expected to slow down the growth rate till the first quarter of 2021.

Despite of the negative effects of COVID-19, the global ophthalmic tonometers market is anticipated to exhibit steady growth during the forecast period.

Who is winning?

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

For instance, key market player Topcon has released their new computerized range of tonometers CT-1/CT-1P with the exclusive features such as flexible and space-saving layout, reliable measurements, R/L friendly automated measurement, and others.

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

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

About FMI:

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

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Microneedle Drug Delivery Systems Market Insights with Upcoming Trends Segmentation, Opportunities and Forecast to 2030

Emerging applications of microneedle drug delivery systems are expected to fuel their demand over the next decade. According to a recent report published by Future Market Insights (FMI), the global microneedle drug delivery systems market will grow at a CAGR of 6.6% between 2020 and 2030. The market is witnessing surging demand in the field of pharmacy and cosmetics.

The rising incidence of diseases such as cancer, diabetes, migraine, and others and the need to accurately administer medications are driving the market. Additionally, the demand for minimally invasive and painless treatment methods is expected to bode well for the market.

The report uncovers hidden growth opportunities. It also highlights potential threats to the market players. Some of the key takeaways from the report are highlighted below.

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Key Takeaways from the Report

  • Solid microneedles are expected to lead the market during forecast period of 2020-2030 among product type
  • Hospitals are the leading end users of microneedle drug delivery systems, with specialty clinics gaining popularity.
  • Specialty clinics are expected to grow at an accelerated rate as one of the key end users of microneedle drug delivery systems
  • North America is the largest market for microneedle drug delivery systems. Along with Europe, it is expected to cover more than 70% of the market by end of 2030.
  • East Asia is expected to be the fastest growing regional market during the next decade.

Covid 19 Restricting Pace of Growth

The onset of pandemic has disturbed the entire business ecosystem. With productions coming to a halt and supply chains disrupted due to lack of transport, manufacturers of microneedle drug delivery systems are impacted in a big way.

Also, because of several restrictions by governments like social distancing, doctors and practitioners are choosing to avoid any surgical treatments which are not absolutely and immediately necessary.

Furthermore, cosmetic field which is another major user of microneedle drug delivery systems is also impacted as almost all treatments under their umbrella are considered to be not urgent.

Who is winning?

The key market players in microneedle drug delivery systems market include the 3M Company, Becton, Dickinson and Company, Zosano Pharma Corporation, Raphas co. ltd., Nanopass Tech, Corium International, Inc., Valeritas, Inc., Nitto Denko Corporation, Microdermics, Inc., TheraJect Inc., Vaxxas Pty Ltd., Endoderma Ltd., QuadMedicine, SNvia Co., Ltd., Small Lab and AdminMed Nano BioSciences LLC

Consolidating their positions through mergers, acquisitions and new product launches, global microneedle drug delivery systems market players rely heavily on new product innovation and differentiation for gaining an edge over their competitors.

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Why Future Market Insights?

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

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

About FMI:

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

Contact Us:

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Poultry Diagnostics Market Growth Trends, Key Players, Competitive Strategies and Forecasts to 2030

Future Market Insights in its new report has projected positive growth prospects for the poultry diagnostics market for the assessment period between 2020 and 2030. High consumption of chicken on a global scale and increasingly strict food safety standards in developed countries will held aid growth.

Widespread outbreaks of infectious diseases such as avian influenza is a key factor driving the demand for diagnostic infrastructure in the poultry industry. Also, awareness campaigns by public and private bodies about avian diseases among poultry farmers is positively influencing the industry.

Furthermore, concerns over food security and investments by governments and international bodies towards the intensive farming sector will drive cultivation of poultry. This will also support the demand for poultry diagnostics in the long-term.

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Key Takeaways

  • ELISA tests are expected to continue holding major market share through 2030, owing to superior accuracy and cost efficiency.
  • Diagnostics for avian influenza has been estimated to reflect higher market share on the back of widespread incidences in developing countries.
  • Newer ailments such as mortality syndrome are expected to generate lucrative opportunities in terms of product development and interest from the veterinary sector.
  • Virology services are expected to be a major contributor to the market owing to higher risk from viral infections for human consumers.
  • South Asia & Pacific, will reflect fast growth, with poor hygiene standards in developing nations. North America will continue to hold larger market share, owing to superior infrastructure.

Insights on the Coronavirus Impact

As the covid-19 outbreak continues to wreak havoc on the global economy, the poultry diagnostics market is expected to also be adversely impacted during the crisis period. While chickens and other poultry birds are not at risk to the virus, the pandemic is likely to hurt consumption, logistics, and sales of birds. This can be largely attributed to strict regulations on the food service businesses.

These factors are expected to reduce chicken stocks in the poultry industry for the short term, which in turn will reduce the demand for diagnostic tools and infrastructure in the industry. The market is likely to recover strongly towards 2021, as demand for poultry products picks up. Strict food safety laws and concerns over other strains of coronavirus will aid market developments.

Market Competitiveness

Market leaders in the poultry diagnostic industry include but are not limited to Agrobiotek Internacional, Bioneer Corporation, Affinitech Ltd., Zoetis Inc., Biochek, Thermo Fisher Scientific, Bioingentech Biotechnologies Inc., Qiagen N.V., Bionote Inc., Megacor Diagnostik GmbH, and Idexx Laboratories Inc.

Market participants are increasingly focused on the product research with the aim of developing and launching improved testing tools for faster and accurate results. In addition, strategic industry collaborations and acquisitions are being used to build a foundation in a moderately competitive landscape.

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• Comprehensive analysis on evolving purchase pattern across different geographies
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Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

About FMI:

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

Contact Us:

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Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
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United Arab Emirates
MARKET ACCESS DMCC Initiative
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In Vitro Fertilization Banking Services Market Trend 2020, Growth, Leading Companies with Impact of Covid-19, Business Scenario, Emerging Dynamics, Industry Share and Revenue Forecast by 2030

The in vitro fertilization (IVF) banking services market is gaining traction owing to the growing rate of infertility around the world. A recent study by the World Health Organization (WHO) states that infertility affects around 15% couples annually around the world.

Due to the growing cases of cancer the adoption of in vitro fertilization (IVF) is rising substantially among cancer patients, which in turn is fuelling the demand for in vitro fertilization banking services.

The increase in investment in order to obtain safe and secure sperm/egg storage facility coupled with the rising focus on cost-effective in vitro fertilization banking services is bolstering the growth of the market.

The healthcare industry is expanding fast and incorporating cutting edge technologies and equipment in their services. This in turn is aiding the expansion of the in vitro fertilization banking services market. It also is expected to gain from favourable government policies across various nations.

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According to Future Market Insights (FMI), the global in vitro fertilization banking services market is anticipated to grow at over 11% CAGR during the forecast period from the year 2020 to 2030.

Despite facing a few difficulties due to COVID-19 pandemic, the market is projected to grow steadily in the coming years.

FMI offers an exhaustive overview of the in vitro fertilization banking services market, along with information on its potential, growth drivers, and restraints.

Some of the key takeaways from the report are highlighted below

  • The demand for egg banking services is expected to surge considerably in the coming years
  • Europe will lead in the in vitro fertilization banking services market throughout the forecast period
  • Latin America will emerge lucrative in the in vitro fertilization banking services market in the coming years
  • The rising demand for andrology services will augment growth prospects
  • Fresh donor egg cycle services will remain highly sought-after among various egg banking services available

COVID-19 Impact Analysis

In vitro fertilization is a costly and time consuming process hence the financial crisis caused due to the COVID-19 pandemic has severely affected the in vitro fertilization banking services market.

As the focus has shifted towards emergency services in healthcare sector, the demand for in vitro fertilization has been decreased substantially affecting the growth of in vitro fertilization banking services market.

Though the market has been affected due to the pandemic, it is anticipated to get back to its feet by the end of the year 2021 creating ample of opportunities for the key market players.

Who is Winning

The global in vitro fertilization banking services market is forecast to grow exponentially in the coming years. In order to capitalize on prevalent opportunities, key market players are focusing on providing a wide range of services.

MyEggBank has signed an agreement with Cryoport, Inc., the world’s leading temperature-controlled logistics company dedicated to the life sciences industry in February, 2020 in order to utilize Cryoport’s temperature-controlled supply chain solutions to deliver a superior patient experience.

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• Comprehensive analysis on evolving purchase pattern across different geographies
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• A competitive analysis of prominent players and emerging players in the keyword market
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

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

About FMI:

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

Contact Us:

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
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Mammalian Transient Protein Expression Market Analysis (COVID-19 Analysis) – Industry Insights, Drivers, Top Trends, Global Analysis, Forecast and Opportunities to 2030

Global mammalian transient protein market revenues are projected to surpass US$ 540 million in 2020, according to a new study by Future Market Insights (FMI). The report also states that, innovations in automation and recombinant proteins will support market developments, however, prohibitive costs and complexity to maintain media purity remain challenges.

Key Takeaways on Mammalian Transient Protein Expression Market

  • The size of the mammalian transient protein expression market is estimated to reach approximately US$ 540 Mn by the end of 2020, with antibody and therapeutic protein production applications being the primary factors driving growth in the industry.
  • Biopharmaceutical companies will remain prominent end-users of mammalian transient protein expression, while CROs are also likely to reflect steady growth on the back of biologics and drug development endeavours.
  • Chinese hamster ovary cells in terms of cell lines reflect relatively higher demand, owing to applications in academic and research uses, accounting for ~70% of market share by 2030.
  • North America followed by Europe are leading markets for mammalian transient protein expression, access to cutting edge healthcare technologies, and the presence of leading market players.

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Covid-19 Impact on Mammalian Transient Protein Expression Market

The Impact of the covid-19 pandemic on the mammalian transient protein expression market has largely been negative. Strict lockdown and social distancing regulations has resulted in delayed projects in research and biomedicine applications.

Also, market players have witnessed lower sales and revenue during the crisis period arising from supply chain disruptions, and shortage of adequate manpower. On the other hand, potential for applications in vaccine development is likely to provide opportunities for short-term growth, moderately mitigating loss during this period.

Who is Winning?

In its latest report, Future Market Insights has provided details on key business strategies that are gaining importance in the mammalian transient protein expression market. Market leaders in the industry have been pushing on the expansion of their portfolios with offerings associated to antibody development and gene coding. Also, strategic collaborations are gaining ground in the sector.

Merck KgaA, Thermo Fisher Scientific, Agilent Technologies Inc., Lonza, Mirus Bio Inc., Takara Bio Inc., Qiagen N.V., and Bio-Rad Laboratories Inc., are some of the key companies operating in the mammalian transient protein expression market.

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

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

About FMI:

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

Contact Us:

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
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Transradial Closure Devices Market 2020 (COVID-19 Impact Analysis Included) Opportunities, Regional Overview, Top Leaders, Revenue and Forecast to 2030

The transradial closure devices market is growing with the increasing cases of cardio vascular diseases all over the world. A new study by Future Market Insights (FMI) has projected the market to rise at 6.5% CAGR between 2020 and 2030. According to the report, demand will rise consistently on the back of surging cases of cardiovascular ailments caused by stress, unhealthy lifestyle, and others factors.

According to World Health Organization (WHO), every year cardiovascular diseases cause an estimated 31% of death occurring worldwide. Also a 2016 Heat Disease and Stroke Statistics update by the American Heart Association stated that over 15 million people in the U.S. have coronary heart disease.

With no signs of the incidence slowing down, the demand for procedures such as angiography, angioplasty, percutaneous coronary intervention (PCI), and others will continue rising. Consequently, the demand for transradial closure devices is surging rapidly all over the world.

Radial access is highly efficient in providing faster mobility to patients due to smaller incision.  Furthermore, chances of infection at site is lower in radial access as compared to transfemoral access, which makes it highly preferred by diverse end users, starting from hospitals to specialized clinics.

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The outbreak of COVID-19 pandemic is anticipated to impact the market negatively. The temporary period of lull could continue until the next year. However, the transradial closure devices market has high potential to grow further in the coming years.

FMI offers an exhaustive overview of the transradial closure devices market, its growth drivers, and restraints.

Some of the key takeaways from the report are highlighted below-

  • Band or strap based transradial closure type devices are expected to lead in the market during the forecast period
  • Disposable devices are anticipated to gain traction in terms of usage
  • Application of transradial devices in diagnostic segment will remain high throughout the forecast period
  • Among the end users, independent catheterization centres will emerge dominant in the coming years
  • North America will lead in the global market followed by Europe

Who is Winning

The global transradial closure devices market is highly competitive. In order to strengthen their foothold market players are focusing on the launch of ultra-modern transradial closure devices.

For instance, Comed B.V has launched their new Io™ Radial Compression Tourniquet (Io™ RACT) which is effective to compress the radial artery puncture, post procedure in the current year. Their Io™ RACT is small, and especially designed to optimize compression, view the puncture side and deflate the compression balloon.

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

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

About FMI:

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

Contact Us:

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
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Hybrid paint cans Market Tremendous Growth, Opportunity, Trends With Key Players

Cans are an efficient packaging solution for the storage of different type of goods in various industries. Paint cans are used to store paint, colorants, and other water-based substances. It is generally made up of different materials including metal and plastic. Recent technological advancement noticed in the paint cans market is the growing popularity of hybrid paint cans which is made up of one type of material. Generally, the body of hybrid paint can is made up of a plastic material while other accessories such as handles, rings, and plugs are made up of metallic material. Hybrid cans are very cost-effective and durable packaging solution. Hybrid paint can manufacturing companies are focusing to further reduce the environmental impact of these cans through use of recycled materials.

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FMI, in its upcoming business report, elaborates the historical and current scenario of the global Hybrid paint cans market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.

Some of the key players in the Hybrid paint cans market are Berlin Packaging, BWAY Corporation, Silgan Holdings, Industrias Sanz SA, and KW Plastics, Inc.

COVID-19 Impact Analysis on Hybrid paint cans Market

The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Hybrid paint cans market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.

Demand for hybrid paint cans is expected to witness a healthy CAGR rate during the forecast period due to its cost-effectiveness and better characteristics than other metal-based alternatives. Hybrid paint cans market is also expected to grow with the increase in demand for the environment-friendly packaging products in the paint and coatings industry. It has witnessed strong growth in the last five years and is expected to continue its wave for the next 5-10 years. The recent trend noticed in the market is the introduction of the hybrid paint cans made up of 70-80% recycled plastic resin which will compel paint companies to adopt this sustainable packaging solution over metal-based paint cans.

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Hybrid Paint Cans Market: Market Segmentation:

Hybrid Paint Cans Market Segmentation: By Material Type

  • Polypropylene – Metal Cans
  • HDPE –Metal Cans
  • Other Hybrid Cans

Hybrid Paint Cans Market Segmentation: By Product Capacity

  • Up to 500 ml
  • 500 ml to 2000 ml
  • 2000 ml to 5000 ml
  • More than 5000 ml

Hybrid Paint Cans Market Segmentation: By Packaging Application

  • Paints
  • Colorants
  • Coatings

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

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Hybrid paint cans Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Hybrid paint cans market. Competitive information detailed in the Hybrid paint cans market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Hybrid paint cans market report.

About FMI

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

Contact

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
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Microbial Therapeutic Products Market Size, Growth Opportunities, Industry Potential, Segmentation Overview, Trends And Forecast Studies 2030

Future Market Insights’ (FMI) global microbial therapeutic products report provides an exhaustive yet unbiased analysis of future growth projections, taking into account the aforementioned developments to provide a bird’s eye view of the landscape. According to the study, demand for microbial therapeutic products is likely to grow at a steady clip, driven chiefly by growing incidence of antimicrobial resistance.

Over the years, the burden of antimicrobial resistance (AMR) has been escalating tremendously, besides prevalence of chronic conditions. The World Health Organization observes high resistance rates have been observed against antimicrobials used for treating urinary tract infections and certain types of diarrhea. For example, the rate of resistance to ciprofloxacin ranged anywhere between 8.4% and 93% across 33 countries. It is apprehended that this burden is compounding further due to the COVID-19 pandemic. Hence, efforts are underway to accelerate research for discovering breakthroughs in microbial therapeutics.

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Key Takeaways

  • By product, anti-cancer agents to capture nearly 30% revenue by 2020-end, owing to prolific research breakthroughs
  • By route of administration, injection pens to account for 2 out of 5 sales, attributed to patient hygiene concerns
  • By source, bacteria based microbial therapeutic products to remain preferred
  • Oncology to remain primary microbial therapeutic products application area, expanding at Y-o-Y rate exceeding 5% through 2020
  • Hospitals emerge as the primary microbial therapeutic end-users, attributed to availability of adequate infrastructure
  • North America to remain the market hegemon, East Asia to be fastest growing market

COVID-19 Impact Analysis

The COVID-19 pandemic has adversely impact global economic outlook, with a prolonged recession on the cards across numerous industries. However, the microbial therapeutic products market has only stood to benefit from the pandemic crisis, as the global healthcare community accelerates efforts to find a potential cure for this deadly virus.

With inoculation procedures already being initiated across the U.K., it is only a matter of time before the anti-COVID-19 vaccine is available on a global scale. Despite this availability, healthcare providers will have a long road ahead with respect to discovering an orally administered drug formulation.

Therefore, governments are lending unconditional support to the global healthcare fraternity in terms of policy relaxation and disbursement of financial grants to aid in the research and development process, catapulting growth prospects.

Competitive Landscape

Prominent players operating in the global microbial therapeutic products market are emphasizing on acquiring regulatory approvals, forging partnerships and collaborations with competent authorities and biosimilars develop to capture substantial revenue shares across key regions.

Some reputed players operating within the global microbial therapeutic products landscape include Dr. Reddy’s Laboratories, Pfizer Inc., Sanofi SA, Merck & Co. Inc., Novartis AG, Novo Nordisk A/S, Abbott Laboratories and Amgen Inc. to name a few.

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Why Future Market Insights?

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

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

About FMI:

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

Contact Us:

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

Skin Perfusion Pressure Testing Devices Market Size Estimates and Forecasts by Region, Growth Rate and Trend Analysis by Types and Application 2020 to 2030

Skin perfusion pressure (SPP) assess the local pressure in the microcirculatory system. It is widely used parameter in assessment of wound healing potential in patients with limb ischemia and peripheral artery diseases. SPP testing devices have become crucial for wound healing in patients with chronic limb ischemia. Future Market Insights (FMI), in a new study has forecast the market for skin perfusion pressure testing devices to exhibit 4.6% Y-o-Y growth in 2021. Driven by rising healthcare spending, the market will continue exhibiting high demand through the forecast period, from 2020 to 2030.

Compared to other non-invasive methods such as toe blood pressure and ankle-brachial index, SPP provides more accurate results, and thus, its usage is gaining popularity among physicians. It has been observed that SPP can evaluate ischemic condition of the lower extremities which cannot be assessed by ankle-brachial index. This increases the preference of SPP over ABI, which in turn is expected to drive the skin perfusion pressure testing devices market.

The rising prevalence of peripheral arterial disease is another major factor driving the demand growth. Peripheral arterial disease (PAD) prevents wound healing of lower extremity. The patient populations at highest-risk have ischemic disease, foot ulcers, diabetes mellitus, and/or compromised kidney function. The most widely used test is ankle brachial index (ABI), but it has limited utility in foot ulcer patients. Ankle brachial index alone is not considered effective of wound healing. For overcoming this problem, manufacturers are focusing to develop advanced skin perfusion pressure.

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The COVID-19 pandemic has significantly affected the medical practices, resulting in a decrease in non-essential medical care, including the wound healing specialty. The nationwide lockdown and disrupted supply chain has limited the ability to practice wound healing in normal conditions. The pandemic in the first few months of 2020 has had a negative impact on the skin perfusion pressure testing devices market.

Manufacturers are currently focusing on designing new innovative laser dopplers that can provide better results at less cost, and at the same time give simple and reliable outputs. For instance, free flap monitoring, a new generation device provides web-based capability, whereby, recordings from a laser doppler can be transmitted directly to a smart phone. Such advancements are expected to bode well for the global market.

Key Takeaways from Skin Perfusion Pressure Testing Devices Marker Study

  • The global skin perfusion pressure testing devices market is estimated to be US$ 28.83 Mn in 2020, is expected to grow at a market CAGR of 4.5% during the forecast period (2020-2030)
  • The U.S. holds over 90% share of the North America market, but Canada is projected to expand faster at around 5.0% CAGR
  • Germany holds the largest share of the market in Europe, and will expand at a CAGR of around 4.8% through 2030
  • The U.K. will exhibit 5.3% Y-o-Y growth in 2021, emerging as a key market for SPP testing devices in Europe. France will also continue exhibiting high demand
  • Japan and South Korea are expected to emerge as key markets for SPP testing devices in East Asia

Who is Winning?

Leading players in the skin perfusion pressure testing devices market are strengthening their market position though the acquisition, partnerships and expansion.

Some of the key market players covered by FMI include Vasamed Incorporated, Moor Instruments, Perimed AB, ELCAT GmbH, ATYS Medical, Viasonix, and Promed Group, consolidating their positions through mergers, acquisitions and new product launches.

For critical insights, request for PDF Brochure – https://www.futuremarketinsights.com/reports/brochure/rep-gb-9263

Why Future Market Insights?

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

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

About FMI:

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

Contact Us:

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

3D Bioprinting Market size, Insights, Prospects, Growth Trends, Key Trends, Opportunities and Forecast until 2030

Academic institutes and hospitals use 3D printing technology to develop various models for training purposes. The technology is increasing used in bio printing where biomaterials such as growth factors and cells are combined with bioink to create tissue-like structures that imitate natural tissues. The global 3D bioprinting market is estimated to surpass US$ 1.2 Bn by 2021, at the market CAGR of 13% during the forecast period (2020-2030), as per a new report by Future Market Insights (FMI).

3D bioprinting has immense potential to facilitate organ transplants and drug discovery. 3D printing can copy the actual macro and micro-environment of human organs and tissues which can solve the organ transplant crisis. Advancements in 3D printing technology and its promising applications in the healthcare industry are expected to increase the sale of 3D bioprinting over the forecast period.

As per the report, the technology will find increasing application in orthopedic implants manufacturing. The orthopedic implants segment is in fact forecast to account for over 30% of the market in terms of application.

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Key Takeaways from 3D bioprinting Marker Study

  • Exhibiting a little below 13% Y-o-Y growth in 2021, 3D bioprinting market will exhibit solid growth
  • The U.S. will register high demand, accounting for nearly 95% of sales in North America
  • Demand in U.K. is expected to rise significantly, exhibiting above 11% Y-o-Y growth in 2021
  • France and Germany too will register high demand
  • In East Asia, China and Japan are expected to emerge as key market

Who is Winning?

The global market is set to expand its scope in the forecast period, due to rising prevalence of orthopedic disease globally and adoption of 3D bioprinting at various stages of development of orthopedic implants by medical manufacturers. In addition to this, cost effectiveness and increase adaption of 3D bioprinting in dental and regenerative medicine application has augmented the sales of 3D bioprinting.

The key market players covered by FMI include 3D Systems, Inc, GE Healthcare (Concept Laser, Arcam AB), EOS GmbH Electro Optical Systems, Renishaw plc, Stratasys Ltd, Ltd, EnvisionTEC, Formlabs, Inc And Organovo Holdings Inc, and Advanced Solutions Life Sciences, consolidating their positions through mergers, acquisitions and new product launches.

For critical insights, request for PDF Brochure – https://www.futuremarketinsights.com/reports/brochure/rep-gb-808

Why Future Market Insights?

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

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

About FMI:

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

Contact Us:

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