Market Research Blog – Page 1485 – New Product Development

Global Behavioral Health Market Projected to Reach USD 175.7 Billion by 2034, With a CAGR of 3%

The global behavioral health market is poised for significant growth, with an estimated valuation of USD 127 billion in 2024. According to the latest industry forecasts, the market is expected to generate revenues of USD 175.7 billion by 2034, reflecting a steady Compound Annual Growth Rate (CAGR) of 3% throughout the forecast period.

The anticipated growth in the behavioral health market underscores the increasing focus on mental health and wellness, driven by a growing awareness of mental health issues and the expanding need for comprehensive behavioral health services. The market’s expansion is fueled by advancements in treatment methodologies, increased funding for mental health programs, and a broader acceptance of behavioral health care.

Behavioral Health Market: Segmental Analysis & Forecast

The global behavioral health market is segmented based on service type, disorder type, and region. Based on service type the market is segmented into outpatient counseling, intensive case management, home-based treatment services, inpatient hospital treatment, emergency mental health services, and others. The inpatient hospital treatment services type segment is expected to represent the highest revenue share in the global behavioral health market. Home-based treatment services are expected to gain popularity among people in the coming years and this segment is expected to expand at a CAGR of 4.0% over the forecast period.

Based on disorder type the market is segmented into anxiety disorder, bipolar disorder, depression, eating disorder, post-traumatic stress disorder (PSTD), substance abuse disorder, and others. Among all disorder types, the anxiety disorder segment is anticipated to continue to lead the global behavioral health market due to a high patient pool globally and high adoption of behavioral health therapy among patients suffering from anxiety issues. According to the WHO, globally 260 million people are suffering from anxiety disorder.

Increased exposure to drugs and alcohol among young adults and strengthening insurance coverage policies for mental health are identified as key trends among end users in the global behavioral health market. Furthermore, rehabilitation programs for substance abuse disorder patients, outpatient counseling for ADHD-affected children, and campaigns to spread awareness regarding mental disorders and drug addiction, etc. are some of the major factors that are driving the growth of the global behavioral health market. Government initiatives to reduce the burden of mental illness and rehabilitation services by non-government organizations (NGOs) are further expected to positively impact the revenue growth of the global behavioral health market.

Behavioral Health Market: Competition Analysis

The global market for behavioral health is fragmented with many local and regional level players operating in the worldwide market. Some of the key players featured in the global behavioral health market report include Acadia Healthcare Co., Inc., Universal Health Services Inc., Magellan Health Inc., National Mentor Holdings Inc., Behavioral Health Services Inc., Behavioral Health Network Inc., North Range Behavioral Health, Strategic Behavioral Health LLC, Seton Healthcare Family (Ascension Health) and Ocean Mental Health Services Inc., etc. among others.

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Key Segments Covered in Behavioral Health Market Survey Behavioral Health by Service Type:

Outpatient Counselling for Behavioral Health
Intensive Case Management for Behavioral Health
Home-based Treatment Services for Behavioral Health
Inpatient Hospital Treatment for Behavioral Health
Emergency Mental Health Service for Behavioral Health
Others

Behavioral Health by Disorder Type:

Anxiety Disorder
ADHD
Bipolar Disorders
Depression
Eating Disorder
Post-traumatic Stress Disorder (PTSD)
Substance Abuse Disorder
Others

Behavioral Health Market by Region:

North America Behavioral Health Market
Latin America Behavioral Health Market
Europe Behavioral Health Market
East Asia Behavioral Health Market
South Asia & Pacific Behavioral Health Market
Middle East & Africa (MEA) Behavioral Health Market

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges clients face and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Orthokeratology Market Set to Reach US$ 659.1 Million by 2034, With a Projected CAGR of 4.80%

The global orthokeratology market is on a growth trajectory, with an anticipated valuation of USD 659.1 million by 2034. The market is projected to grow at a steady Compound Annual Growth Rate (CAGR) of 4.80% over the forecast period. As of 2024, the orthokeratology market is valued at USD 412.4 million, reflecting significant industry momentum.

Orthokeratology, also known as corneal refractive therapy, involves the use of specially designed contact lenses to reshape the cornea and correct vision. The growing awareness of the benefits of this non-surgical approach to vision correction is driving demand and contributing to market expansion.

Additionally, high prevalence of chronic diseases like diabetic retinopathy is expected to positively influence the market prospects. Developments such as the emergence of ingenious orthokeratology products and of implantable intraocular lenses will bolster the future possibilities for the orthokeratology market.

Though the orthokeratology market looks forward to an overall healthy future market prospects, it is not without its share of restraints. High initial cost of orthokeratology lenses, increasing cases of corneal infection in pediatric patients, less market penetration of the product along with a lack of skilled professional are factors that may subdue the growth of the orthokeratology market over the forecast period.

“High incidences of myopia and better benefits of Ortho-K lens as compared to the conventional ones are likely to boost the sales of orthokeratology in the global market over the forecast period,” says an FMI analyst.

Key Takeaways:

High initial costs of the lenses may hinder market growth.
The US to account for a major share of market revenue by 2028.
The orthokeratology market in China will record a high CAGR over the forecast period.
By indication, the myopia segment will continue to be a major market driver.
On the basis of distribution channels, optometry clinics will register the highest demand.

Competitive Landscape

The Cooper Companies Inc., Euclid Systems Corporation, Menicon Co., Ltd., GP Specialists, Inc., TruForm Optics, Inc., Art Optical Contact Lens, Inc., MiracLens L.L.C., and Contex, Inc, among others, are some of the major players in the orthokeratology market that are profiled in the full version of the report.

Major market players are focused on establishing stronghold in China and Japan. Mergers and collaborations are certain tactics that these businesses employ to retain a competitive advantage.

More Insights into the Orthokeratology Market Report

In its latest report, FMI offers an unbiased analysis of the global orthokeratology market, providing historical data from 2013 to 2021 and forecast statistics for 2022 to 2028. To understand the global market potential, growth, and range, the market is segmented based on indication (myopia, presbyopia, hyperopia, astigmatism), distribution channel (hospitals, optometry clinics, ophthalmology clinics), and region.

According to the latest FMI reports, based on region, the orthokeratology market in the United States is expected to undergo significant growth over the forecast period. The region is predicted to acquire a major chunk of the global market share by 2028. This growth can be attributed to the presence of a well-developed and established healthcare sector. Favorable government initiatives in the healthcare sector also support this market growth.

In China, the orthokeratology market is projected to exhibit a high CAGR over the forecast period. The region is expected to offer multiple lucrative opportunities to the orthokeratology market. Prolonged usage of electronic devices such as laptop, smartphones, tablets, etc., has led to high rates of chronic eye damage. With high prevalence of myopia and hyperopia, the target market in China is expected to grow at a rapid rate.

Based on segmentation, by indication, the myopia segment will likely create substantial market opportunities while, in terms of distribution channels, optometry clinics will dominate the market over the forecast period.

A Old Full Report Analysis Click Here

Key Segments Covered in Orthokeratology Industry Survey

Orthokeratology Market by Indication:

Myopia
Presbyopia
Hyperopia
Astigmatism

Orthokeratology Market by Distribution Channel:

Hospitals
Optometry Clinics
Ophthalmology Clinics

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Global Veterinary Molecular Diagnostics Market Expected to Surge to USD 377.22 Million by 2033, With a CAGR of 6.84%

The global veterinary molecular diagnostics market is set for substantial growth, with an anticipated valuation of USD 194.47 million in 2023. According to recent industry forecasts, the market is projected to exceed USD 377.22 million by 2033, reflecting a robust Compound Annual Growth Rate (CAGR) of 6.84% over the forecast period.

This significant growth is driven by increasing demand for advanced diagnostic tools that enhance the accuracy and efficiency of veterinary care. The rising adoption of molecular diagnostics in veterinary practices is improving disease detection, management, and prevention, which is contributing to the market’s expansion.

The market is segmented based on product type, disease type, species type, end-user, and region. On the basis of product type, the market has been segmented into four segments such as PCR kits, INAAT kits, microarray kits, DNA sequencing kits.

PCR kits segment is expected to be the fastest-growing segment over the forecast period, registering a significant CAGR of 7.8% in terms of revenue, over the forecast period. The increasing demand for advanced veterinary molecular diagnostic kits, such as RT-PCR kits, DNA sequencing kits, and microarray-based diagnostic kits owing to the growing number of diagnostic procedures in livestock and companion animals worldwide is expected to boost the growth of the veterinary molecular diagnostics market over the forecast period.

The PCR kits segment dominates the market with a market value of US$ 63.4 Mn in 2017. Also, the segment is expected to maintain its dominance over the forecast period with a market value of US$ 124.0 by 2026 end and expands at a significant CAGR.

On the basis of disease type, the market has been segmented into Anaplasma spp., Ehrlichia spp., New Castle Disease, Influenza, Porcine Reproductive & Respiratory Syndrome (PRRS), and others.

Based on species type, the market has been segmented into livestock animals including Aquatic, Bovine, Porcine, Ovine, Poultry, and Equine.

On the basis of end-user, the market has been segmented into veterinary hospitals, clinical laboratories, and veterinary research institutes.

On the basis of region, the market has been segmented into North America, Latin America, Europe, the Asia Pacific Excluding China (APEC), China, and the Middle East and Africa (MEA).

Increasing set up of new production facilities by the key manufacturers in growing economies coupled with increasing adoption of molecular diagnostic techniques in animals is anticipated to boost the production for molecular diagnostic kits and drives the growth of the veterinary molecular diagnostics market over a forecast period.

The increasing prevalence of chronic disorders in animals such as influenza, new castle disease, and diabetes coupled with the high prevalence of infectious diseases is further anticipated to fuel the demand for the veterinary molecular diagnostics market. Increasing preference for molecular diagnosis on the account of their high specificity and efficacy in diagnosing chronic diseases in animals and the presence of a strong distribution channel is further anticipated to drive the growth of the veterinary molecular diagnostics market over the forecast period. Rising adoption of pets, increasing financial grants for innovation in veterinary diagnostics, fast FDA approvals for reagents used in animal molecular diagnostics, and increased consumer spending on veterinary care is also expected to drive the market revenue growth over the forecast period.

Increasing spending on pet care in developing economies such as Japan and India in the APEC region is anticipated to have a positive impact on the veterinary molecular diagnostics market in the APEC region. However, the increasing demand for advanced veterinary molecular diagnostic kits, such as RT-PCR kits, DNA sequencing kits, and microarray-based diagnostic kits owing to the growing number of diagnostic procedures in livestock and companion animals is further anticipated to drive the growth of the veterinary molecular diagnostics market in North America and Europe over the forecast period.

However, gaps in epidemiological knowledge of certain virulent veterinary diseases, high costs associated with veterinary molecular diagnosis and stringent regulatory approval process for novel molecular diagnostic kits resulting into product delays, may hamper the demand for veterinary molecular diagnostic kits and restrain the growth of veterinary molecular diagnostics market over forecast period. Also, the improper veterinary care research infrastructure in the emerging economies, limited reimbursement policies and Visa restrictions strangling vet practices coupled with shortage of veterinary doctors and colleges are some other factors anticipated to hinder the growth of the global veterinary molecular diagnostics market.

This report assesses trends driving the growth of segmental markets and offers analysis and insights into the regional veterinary molecular diagnostics market. North America is estimated to dominate the veterinary molecular diagnostics market with a maximum value share by the end of 2017. By 2026, North America and Europe markets cumulatively are expected to account for over 67.8% revenue share of the global veterinary molecular diagnostics market by the end of 2026.

Some key companies covered in this report include bioMérieux SA, IDEXX Laboratories, Inc., Thermo Fisher Scientific Inc., Qiagen N.V., Neogen Corporation, ID.Vet, INDICAL BIOSCIENCE GmbH, and Veterinary Molecular Diagnostics, Inc. These leading players focus to consolidate their position in the global veterinary molecular diagnostics market by actively participating in activities such as partnerships, mergers, acquisitions and collaborations. Companies focus on extending their product line and expansion of production capacities to meet the growing demands for veterinary molecular diagnostics kits worldwide.

A Old Full Report Analysis Click Here

The global veterinary molecular diagnostics market is segmented as follows:

By Product Type

PCR kits
INAAT kits
Microarray kits
DNA sequencing kits

By Disease Type

Anaplasma spp.
Ehrlichia spp.
New Castle Disease
Influenza
Porcine Reproductive & Respiratory Syndrome (PRRS)
Others

By Species

Livestock Animals
- Aquatic
- Bovine
- Porcine
- Ovine
- Poultry
- Equine
Companion Animals
- Canine
- Feline
- Avian

By End User

Veterinary Hospitals
Clinical Laboratories
Veterinary Research Institutes

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Global Gait Trainer Market Projected to Reach USD 456.3 Million by 2028 at a 4.9% of CAGR

The global gait trainer market is forecasted to experience steady growth, with an expected Compound Annual Growth Rate (CAGR) of 4.9% throughout the forecast period. According to the latest analysis by Future Market Insights, the market, valued at USD 342.7 million in 2022, is anticipated to reach approximately USD 456.3 million by the end of 2028.

In 2021, the broader exoskeleton market, valued at USD 4.1 billion, saw gait trainer sales contributing 8% of this total. The growth of gait trainer sales, particularly those designed for individuals with cerebral palsy, is driven by a significant rise in the incidence of this condition. This trend highlights the increasing need for effective rehabilitation solutions tailored to cerebral palsy patients.

Research Methodology

FMI adopts a triangulation methodology to provide accurate and precise market estimations and insights for various medical devices and technologies. This approach primarily relies on patient-level data, the number of procedures, and the capital equipment installation base obtained through experimental techniques. The bottom-up approach is always used to obtain country-specific data and then analyze it to generate global data. This ensures the data’s high quality and accuracy.

In the initial stage, secondary research is conducted to determine the feasibility of the target products/technology categories, segments, product offerings, usage patterns, device lifespan, reimbursement scenarios, adoption rates, and future impact of new technologies. Each piece of information is meticulously analyzed to create a solid foundation for primary research.

Primary research involves the participation of demand-side users, including key opinion leaders, physicians, and surgeons, and supply-side providers of medical devices. These stakeholders provide valuable insights on trends, key treatment patterns, adoption rates, purchasing patterns, technological advancements, patient education, manufacturer effectiveness, pricing, and competitive dynamics. This information is further analyzed throughout the research project to ensure comprehensive and accurate market insights.

To project Year-on-Year (Y-o-Y) growth rates for the market, we conduct a quantitative and qualitative assessment of the fundamental factors driving demand, economic factors and cycles, and growth rates, as well as the strategies used by key players. These Y-o-Y growth projections are adjusted and aligned according to the industry/product lifecycle and utilized to develop holistic market numbers.

Additionally, we analyze the annual reports, investor presentations, SEC filings, 10k reports, and press releases of various companies operating in this market segment to obtain detailed information on market size, trends, opportunities, drivers, restraints, key players, and their market shares. These key companies are classified into tiers based on their revenue, product portfolio, and market presence.

It’s important to note that these are only the initial steps in developing the market size. In addition to disease-related factors, we use our internal proprietary model for forecasting, which takes into account various macroeconomic factors such as per capita healthcare expenditure, disposable income, industry-based demand driving factors, and their impact on the market forecast trends.

A Old Full Report Analysis Click Here

Gait Trainer Market Taxonomy

The Gait Trainer Market has been segmented on the following basis:

End User

Hospitals
Rehabilitation Center
Homecare Setting

Product Type

Gait Trainer Walker
Adult
Pediatric
Treadmill System
Exoskeleton

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Laparoscopic Device Market Expected to Reach USD 20.5 Billion by 2034 at a 4.2% of CAGR

The global laparoscopic device market is set to reach a valuation of USD 13.59 billion in 2024. Despite current supply chain disruptions, the market is projected to grow at a moderate Compound Annual Growth Rate (CAGR) of 4.2% through 2034, with expectations to exceed USD 20.5 billion by the end of the forecast period.

The anticipated growth in the laparoscopic device market is primarily driven by the increasing prevalence of obesity across various age groups, which is expected to significantly boost demand for minimally invasive surgical solutions. Companies are actively employing various strategies to navigate supply chain challenges and ensure the continued availability of these essential medical devices.

The market for laparoscopic devices is anticipated to expand at a 5.8% compound annual growth rate (CAGR) from US$ 12.3 billion in 2022 to US$ 18.4 billion by 2029.

Over the next ten years, there is expected to be a significant growth in the laparoscopic devices industry. due to the quick rise in the demand for minimally invasive surgical treatments as well as the growing potential for use in colorectal and bariatric surgery.

According to the report, the laparoscopic devices market is anticipated to grow over the coming years due to a combination of increased foreign direct investment (FDI) in developing countries and marketing and promotional initiatives.

Key Takeaways :

Steady demand growth is observed for bariatric surgery, in line with the expanding obese population coupled with wide-scale adoption rate of minimally invasive techniques. Sales of laparoscopic devices for bariatric surgery will surpassing that for colorectal surgery towards the end of projection period.

Sales of laparoscopic devices will be higher in North American countries. The availability of skilled surgeons and several advantages of minimally invasive surgery over open surgery are few factors driving the market of laparoscopy devices.

The key players in the laparoscopic devices market are focusing on technologically advanced surgical systems with improved dexterity, ergonomics, and visual enhancements that provide advantages to surgeons and minimize the risk for patients while undergoing laparoscopic procedures.

Increasing consumer base along with modern amenities in the healthcare sector is expected to drive sales of laparoscopic devices in developing regions.

Rising private and foreign investments in the laparoscopic devices market and adoption of subscription commerce marketing model by market players are anticipated to shape the overall laparoscopic devices market.

Key Companies Profiled :

Olympus Corporation

Braun Melsungen AG

Intuitive Surgical Inc.

Medtronic plc.

Stryker Corporation

Smith & Nephew Plc

CareFusion Corporation

Ethicon US, LLC

KARL STORZ GmbH & Co. KG

Richard Wolf GmbH

Endocontrol SA

Tekno-Medical Optik Surgery GmbH

A Old Full Report Analysis Click Here

Laparoscopic devices market by Category :

By Product:

Direct Energy System Devices
Trocars/Access Device
Internal Closure Devices
Laparoscopes
Hand Access Instruments
Insufflation Devices
Robotic Assisted Surgical System

By Therapeutic Application:

Bariatric Surgery
Colorectal Surgery
General Surgery
Gynecological Surgery
Urological Surgery

By End User:

Hospitals
Ambulatory Surgical Centers
Clinics

By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan
Japan
Middle East and Africa (MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Global Cellulite Treatment Market to Surpass USD 7.37 Billion by 2034 at a 7.2% of CAGR

Global Cellulite Treatment Industry — Global Cellulite Treatment Market

The global cellulite treatment market is on a robust growth trajectory, with an anticipated valuation of USD 3.67 billion in 2024. The market is projected to expand significantly, growing at a Compound Annual Growth Rate (CAGR) of 7.2% over the forecast period from 2024 to 2034. By the end of this period, the market is expected to exceed USD 7.37 billion.

This growth is largely attributed to the global obesity epidemic, which is primarily driven by poor eating habits and sedentary lifestyles. The rising prevalence of obesity is anticipated to be a major factor fueling the demand for effective cellulite treatment solutions in the coming decade.

Hard Cellulite is Predicted to Hold an Attractive Market Share shortly

One major driver behind the growth of the cellulite treatment Industry is the increasing number of obese population. There is also an increased number of cases of fat deposition. The people who are comparatively overweight mostly face this problem, in turn triggering the demand for cellulite treatment. These cases have helped people grow aware of cosmetic surgeries and have also broadened the scope of these surgeries in the market. There’s a significant rise in aesthetic procedures taking place worldwide.

Especially in Brazil, where around 5,500 cosmetic surgeons were performing the second highest number of aesthetic procedures after the U.S. Around 1,450,020 minimally invasive and non-surgical procedures were performed in Brazil in 2016. Among different types of cellulite, hard cellulite is expected to register a growth rate of around 7.8% during 2022-2028, which is higher than other cellulite types.

North America Slated for Strongest Projections in the Global Cellulite Treatment Industry

Among the major regional divisions made for the research conducted on the global cellulite treatment Industry, North America shows the strongest prospects with an expected market value of over US$ 2,100 Mn by the end of 2028, growing at an impressive CAGR of 8.1% during the forecast period. The growth is helped by North America’s moderate economy and healthcare market.

Also, in the U.S., a large base of the population, especially youngsters, suffer from fat deposition-related disorders. The region is also ahead of other regions due to its developed economy and advanced facilities. The cellulite treatment involves advanced techniques which are also costly for people to afford. This makes the market more prominent in developed regions like North America.

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Key Segments of Cellulite Treatment Market Survey

by Treatment Procedure:

Non-Invasive Cellulite Treatment
Minimally Invasive Cellulite Treatment
Topical Cellulite Treatment

by Cellulite:

Soft Cellulite
Hard Cellulite
Edematous Cellulite

by End User:

Cellulite Treatment in Hospitals
Cellulite Treatment in Ambulatory Surgical Centres
Cellulite Treatment in Specialized Dermatology Clinics

by Region:

North America Cellulite Treatment Market
Latin America Cellulite Treatment Industry
Europe Cellulite Treatment Market
East Asia Cellulite Treatment Industry
South Asia & Pacific Cellulite Treatment Market
Middle East & Africa (MEA) Cellulite Treatment Industry

Author

Identifying key challenges clients face and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Global Plastic Liner Market Poised for Steady Growth, Expected to Reach US$ 7.1 Billion by 2033 | FMI

The plastic liner market valuation is US$ 4.8 billion in 2023. The market is projected to progress at a CAGR of 4.1% from 2023 to 2023. At the end of the forecast period by 2033, the value of the market is expected to reach US$ 7.1 billion.

The food & beverage sector is finding increasing use for plastic liners. In 2023, the food & beverage sector contributed 39.2% of the market share by end-use segment.

The food & beverage sector is growing at a rapid rate. The need for packaging comes with an increase in the sale of food commodities. The food & beverage industry is turning to plastic liners to satisfy packaging needs. Plastic liners provide protective packaging to food, ensuring the products do not get stale or ruined due to external factors. Thus, the rising need for plastic liners ensures the food product’s quality is maintained from storage to consumption.

“Environmental concerns related to plastic are set to act as a stumbling block for the market as people become increasingly aware of the need for sustainability. Market players are thus shifting their focus to recyclable and biodegradable plastic production,” says Ismail Sutaria (Lead Consultant, Packaging and Materials).

Key Takeaways from the Plastic Liner Market

The plastic liner market is valued at US$ 4.8 billion in 2023.
Polyethylene is the material most commonly found in plastic liners. In 2023, polyethylene is expected to account for 41.3% of the market share by material.
The food & beverages industry is the leader in the end-use sector segment. In 2023, the food & beverage segment holds a share of 39.2% of the market.
India is expected to show fast growth in sales of plastic liners. The CAGR of the Indian market is expected to be 6.4% from 2023 to 2033.
China also has huge market potential due to its large-scale exports. In China, the market is projected to grow at a CAGR of 5.7% over the forecast period.
The Thailand market for plastic liners is anticipated to grow at a CAGR of 5.1% through 2033.

Competitive Landscape of the Plastic Liner Market

Large-scale industry players co-exist with smaller-scale entities whose focus is local. Manufacturing products that meet regulation standards is a fast-developing need in the market. Some prominent companies in the market include Berry Global Group, RRR Supply, Inc., A-Pac Manufacturing Co., Inc., and Plascon Group International Plastics Inc.

Access Full Report: https://www.futuremarketinsights.com/reports/plastic-liners-market

Recent Developments

In October 2023, a new manufacturing line for containers was opened in Germany by the CDF Corporation. The company collaborated with the local company Natsan to undertake the venture.
In August 2022, a packaging plant in the Czech Republic was taken over by Amcor PLC. The company aims to increase its influence in the region.
Also, in August 2022, United Kingdom company FFP Packaging Solutions was taken over by Constantia Flexibles. Constantia Flexibles thus increased its foothold in the market.

Key Segments of the Plastic Liner Market

By Material:

Polyethylene (PE)
Polypropylene (PP)
Polyvinyl Chloride (PVC)
Polystyrene (PS)
Others (PLA, etc.)

By End-use Industry:

Food and Beverages
Fertilizers & Agri Products,
Pharmaceutical
Industrial Chemicals
Others

By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
MEA

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Global Commercial Paper Bags Market Set to Reach US$ 13.0 Billion by 2033 Amid Rising Demand for Eco-Friendly Packaging Solutions

.The global Commercial Paper Bags Market is poised for significant growth, with an anticipated valuation of US$ 6.3 billion in 2023. Innovations propel 7.5% CAGR (2023-2033) in paper bag tech, driving the market to US$ 13.0 billion by 2033.

The increasing prevalence of plastic bans and regulations on single-use plastics stands as a powerful catalyst behind the growing adoption of commercial paper bags across industries. This shift is a direct response to mounting global environmental concerns surrounding plastic pollution, which adversely affects ecosystems, marine life, and human well-being.

Plastic waste’s pervasive presence in various environments has led to heightened awareness among governments, businesses, and consumers. Plastic bags, being prominent symbols of this pollution, have garnered significant attention. The adverse impact of plastics on ecosystems and wildlife has spurred urgent efforts to reduce plastic consumption.

Governments worldwide have taken proactive measures to tackle the plastic pollution crisis, including banning single-use plastics, imposing taxes on plastic bags, and instituting regulations to limit their use. These legislative actions aim to mitigate plastic waste and promote the adoption of more sustainable alternatives like commercial paper bags, contributing to a greener and more eco-conscious future.

Growth Factors:

Environmental Awareness and Plastic Bans: Increasing global concern about environmental issues, coupled with government initiatives to ban or restrict single-use plastics, is driving the demand for eco-friendly alternatives like commercial paper bags.
Innovations in Paper Bag Technology: Ongoing advancements in the design and manufacturing of paper bags, including improvements in durability, printing techniques, and customization options, are attracting businesses and consumers towards paper bag solutions.
Corporate Sustainability Initiatives: Many businesses are adopting sustainable practices, including the use of environmentally friendly packaging. Commercial paper bags align with corporate sustainability goals, leading to a growing preference for such packaging solutions.
Consumer Preference for Eco-Friendly Packaging: As consumer awareness about the environmental impact of plastic grows, there is a shift in preferences toward sustainable and biodegradable packaging options, driving the demand for commercial paper bags.
Global Expansion of Retail and E-commerce: The expanding retail sector and the rise of e-commerce globally contribute to increased demand for packaging solutions. Commercial paper bags are favored for their versatility, branding opportunities, and eco-friendly appeal.

Industry Trends in the Commercial Paper Bags:

Customization and Branding: Companies are increasingly using commercial paper bags as a means of branding and marketing. Customized designs, logos, and messages on paper bags contribute to brand visibility and customer engagement.
Emphasis on Recyclability and Biodegradability: With a growing focus on sustainability, there is a trend towards commercial paper bags that are not only recyclable but also biodegradable, aligning with circular economy principles.
Digital Printing Technologies: The adoption of advanced digital printing technologies allows for intricate and high-quality printing on paper bags. This trend enhances the visual appeal of bags, providing opportunities for unique and eye-catching designs.
Collaborations for Sustainable Supply Chains: Businesses in the commercial paper bags market are forming partnerships and collaborations to create sustainable supply chains. This involves sourcing raw materials responsibly and ensuring ethical and eco-friendly production processes.
E-commerce Packaging Solutions: With the rise of online shopping, there is a trend towards developing commercial paper bags tailored for e-commerce packaging. These bags not only serve as carriers but also play a role in enhancing the overall unboxing experience for consumers.

Regional Outlook

Geographically, the global commercial paper bags market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excl. Japan (APEJ), Middle East and Africa (MEA) and Japan. The countries of MEA are expected to represent growth opportunities for owing to its applications in building & construction sector. In the APEJ region, the retail sector is booming and is expected to propel the demand for the commercial paper bags in the region. Changing consumer spending pattern has resulted into high expenditure on packaged goods, which will buttress the demand for commercial paper bags in the region.

Key Players

Examples of some of the key players operating in the global market are Smurfit Kappa Group Plc., Essentra Plc., Novolex Holdings, Inc., Mondi Group plc, International Paper Company, United Bags, Inc., El Dorado Packaging, Inc., and Langston Companies, Inc. among others.

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Market Segmentation

Based on product type

Sewn open mouth bags
Pinched bottom open bags,
Pasted valve bags,
Pasted open mouth bags
Flat bottom bags

Based on material type,

Brown Kraft
White Kraft

Based on thickness,

2 ply
3 ply
>3 ply

Based on end-uses

Agricultural & allied industries
Building & construction
Food & beverage
Retail
Chemical industry
Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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Insurtech Market worth US$ 20,667.5 million by 2033 – Exclusive Report by Future Market Insights, Inc.

The insurtech market is expected to rise from a paltry market value of US$ 16.6 billion in 2021 to a net worth of US$ 165.4 billion in 2032, according to Future Market Insights (FMI). A CAGR of 25.9% is predicted for the near future, which is impressive.

Because more people are becoming aware of the benefits of insurance policies, there is a high demand for the general insurance plans provided by different organisations around the world. By deploying digital insurtech or insurance technology infrastructure in response to the changing economic landscape, insurance companies have increased their market presence.

The ability of insurtech firms to provide customers with tailored plans has grown over the years of service and development of commercial insurance. The adoption of such technologies for consumer data collection and analysis by insurtech life insurance companies has increased the market’s appeal to businesses further.

The market has become more fragmented and fiercely competitive as a result of the entry of numerous small, regional firms operating in various categories, such as insurtech vehicle insurance or insurtech house insurance companies.

The majority of the major providers are expanding their market by forming alliances and working together with banks and other financial institutions to launch new, specialised insurtech solutions for commercial insurance.

“Global insurance providers’ business models have changed as a result of the quick digitization of all significant service sectors of the economy. The addition of professional and consulting services to the available to potential clients through online platforms has required the integration of insurance technology solutions, further boosting the growth of the global insurtech market.

Insurers were found to have boosted their spending on building digital infrastructure in approximately 59% of the companies, according to the EIS group’s market survey report. This includes a record number of P&C insurtech businesses popping up on the international market.

Key Takeaways

As per the market analysis report, the absolute growth of the global insurtech market size in terms of value is predicted to be around US$ 148.8 Bn over the forecast years 2022 to 2032.
As the concept of insurtech insurance companies is expanding to new areas of service, the solution segment is growing at a faster rate than the service segment. The CAGR predicted for the solution segment is nearly 25.8% for the coming decade.
On the basis of various technologies adopted by life insurance tech companies, cloud computing has emerged to be the most attractive segment in the present market. The estimated growth of this segment over the forecast years is nearly 25.2%.
US market holds the dominant position in the global market for having the highest amount of insurtech capital, valued at about US$ 6 Bn in the year 2022. It is also the top-performing country with a CAGR of 25.6% that is predicted to reach the net worth of the regional insurtech market up to US$ 58.6 Bn by the end of this forecast period.

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Competitive Landscape

The major players operating in the global insurtech market include

Damco Group,
DXC Technology Company,
Majesco,
Oscar Insurance,
Quantemplate,
Shift Technology,
Trov Insurance Solutions, LLC,
Wipro Limited, and
Zhongan Insurance, among others.

One of the top insurance companies in the USA named, Universal Fire & Casualty Insurance Company, announced to accept cryptocurrency payments for premiums, starting a new business model for home insurance insurtech companies in the US market. Integration of such advanced digital facilities and blockchain technologies is expected to further boost the global insurtech market.

An automobile insurance company named Metromile also announced in December 2021 to accept cryptocurrency from its customers to pay their premiums and claim payments. This new development is anticipated to give way to some new opportunities in the domain of insurtech car insurance services in the coming days.

Key Segments

By Offering

Solution
Service

By Deployment Model

On-premise
Cloud

By Technology

Artificial Intelligence
Cloud Computing
Blockchain
Big Data & Business Analytics
IoT
Others

By End User

Life & Health Insurance
Property and Casualty (P&C) Insurance
Auto Insurance
Buildings Insurance
Commercial Buildings Insurance
Home Insurance
Dwelling Coverage
Contents Coverage
Marine Insurance
Liability Insurance
Others

By Application

Product Development & Underwriting
Sales & Marketing
Policy Admin Collection & Disbursement
Claims Management

By Region

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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Instant Payments Market Poised for Strong Growth: Projected CAGR of 16.2% from 2023 to 2033

The global Instant Payments Market is poised for significant growth, with a projected Compound Annual Growth Rate (CAGR) of 16.2% between 2023 and 2033. According to the latest market research, the market value is expected to surge from US$ 28,011.6 million in 2023 to an estimated US$ 125,718.5 million by 2033. The sector’s remarkable growth trajectory follows a period of robust expansion, witnessing a high CAGR of 23.2% from 2018 to 2022, resulting in a market size of US$ 24,003.1 million in 2022.

The Instant Payments Market has experienced rapid growth, fueled by the widespread adoption of smartphones, fast internet connectivity, and cloud-based solutions across various industries such as Banking, Financial Services, and Insurance (BFSI), Retail, Manufacturing, and Healthcare. These technological advancements have significantly enhanced the payment experience for consumers and businesses alike, propelling the market’s upward trajectory.

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Governments worldwide are making substantial investments to streamline the payment process for end-users, further bolstering the growth of the instant payments sector. Financial institutions and research and development initiatives have played a pivotal role in driving the sector’s expansion, facilitating upgrades and innovations within the instant payments market.

Key Market Trends:

High penetration of smartphones and fast internet connectivity
Cloud-based solutions enhancing payment experiences
Significant investments by governments to improve payment processes
Research and development initiatives driving market innovation

Competitive Landscape

The major players operating in the global instant payments market include Vocalink, SWIFT, Danske Bank, Paytm, OCBC, Barclays, Apple, Bayer, Ripple, and Paypal.
The major strategy adopted by the prominent market players of the global instant payment market is collaborating with several regional banks and financial institutions to make their instant payment platforms more trustworthy among users. Many market players have also introduced prepaid cards with instant bank transfers that are anticipated to provide them an edge over their competitors.
Apple Company partnered with Goldman Sachs in 2019 to launch a credit card under its banner. This card facilitates the instant online transfer of money for its customers and is expected to increase the company’s portfolio in the global market.

Regional Trends: The growth of the instant payments market is not limited to specific regions. The adoption of instant payment solutions is witnessing robust growth across North America, Europe, Asia Pacific, and other parts of the world. Each region is experiencing unique trends and challenges, contributing to the overall expansion of the market.

With the constant evolution of technology and increasing consumer demand for seamless payment experiences, the instant payments market is poised for sustained growth over the forecast period.

Key Segments:

By Type

Charge
Free

By Application

By Region

North America
Latin America
Middle East and Africa
Europe
Asia Pacific

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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