Market Research Blog – Page 14901 – New Product Development

Smart Pill Boxes & Bottles Market Insights with Upcoming Trends Segmentation, Opportunities and Forecast to 2028

Sales of smart pill boxes and bottles are likely to reach around 800 thousand in 2019. According to a new analytical research study by Future Market Insights (FMI), smart pill boxes and bottles market will remain a high growth-low volume landscape over the course of next few years. Over 43% of total sales will be accounted by smart pill boxes. The report envisages a higher rate of adoption for smart pill bottles.

Almost 70% of adult patients are observed to discontinue or manipulate drug therapy, resulting in non-adherence to prescribed medication. The study opines that this directly adds to the economic burden on healthcare delivery system in form of emergency cases and hospitalization.

Smart pill boxes and bottles are increasingly being perceived as a potential solution to such challenges posed by increased healthcare delivery costs. Significance of medication adherence continues to rise with increasing prevalence of chronic conditions, propelling demand for smart pill boxes and bottles.

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Dementia and geriatric care remain the key application areas of smart pill boxes and bottles, according to the report. More than 80% of sales is accounted by aging patients and dementia-afflicted population. Cancer management is likely to emerge lucrative in terms of applicability in coming years.

With surging demand for high-quality healthcare delivery, senior care centers, hospitals, long-term care centers, and homecare settings are accelerating adoption of medication dispensers, thereby elevating the revenue growth of smart pill boxes and bottles market. Some of the leading companies are actively involved in the development of advanced technology medication dispensing devices with zero error risks during medication.

Home care settings maintain the highest consumption share in smart pill boxes and bottles market that roughly equates 65% of total sales. Almost a fifth of smart pill boxes and bottles sold are installed at seniors care and assisted living centers. FMI’s analysis indicates that long-term care centers are also creating promising market opportunities for smart pill boxes and bottles manufacturers and distributors.

North America continues to reign supreme owing to early adoption of advanced technology enabled smart pill boxes and bottles, accounting for more than a third of the global market revenue. European market for smart pill boxes and bottles also represents a substantial volume share, majorly driven by German patients. South and East Asian regions are briskly developing high-potential markets for manufacturers and distributors of smart pill boxes and bottles, says the report.

The vendor landscape of smart pill boxes and bottles market remains fairly consolidated and competitive, as Tier 1 manufacturers continue to account for a majority of share in the market in terms of volume. While dominance of Koninklijke Philips N.V., PharmRight Corporation & Livi, and AdhereTech prevails in smart pill boxes and bottles market, the report finds that the competition among these players is characterized by product innovation, new launches, and technological advancements.

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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.

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

As per Future Market Insights (FMI) – an ESOMAR-certified market research firm, the global spirometer market will reach a valuation of nearly USD 2 billion by 2020, growing at 9.1% CAGR during the period.

The number of people adversely affected by chronic respiratory diseases is increasing at a substantial rate as more than 2 Bn people are exposed to polluted air on regular basis. As such, diagnosing as well as monitoring respiratory diseases has become imperative in home settings and hospitals.

As of now, close to 30% of the pediatric hospitalizations are being attributed to asthma. It’s a known fact that environmental conditions are worsening day by day. As such, spirometry is being recommended by medical fraternities as an effective way of checking through respiratory health.

Also, developed economies like the US do have standard reimbursement policies in place. Some of them are exclusively meant for spirometry via Medicaid, third-party insurance, and Medicare. The revised Medicare Fee Schedule, 2018 let sizable amount (from healthcare) to be diverted to spirometry.

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All the trends mentioned above are expected to give an impetus to the spirometer market in the forecast period.

Key Takeaways

Table top spirometers hold the highest market share as they are broadly used in clinics, hospitals, and the other diagnostic centres
Due to increasing preference for computer-based spirometry, desktop spirometers are expected to hit the market at the fastest pace in the forecast period
Economies like India to play a pivotal role in the spirometer market between 2020 and 2030 due to an exponential increase in number of patients suffering from respiratory disorders (resulting out of air pollution. India is amongst the top polluted places across the globe)

Key Participant Insights

The global spirometer market is set to enhance its scope in the forecast period, due to rising number of COPDs and respiratory disorders. In addition to this, multi-purpose spirometers are doing the rounds. The entry of these spirometers is bound to take the market at the “new” normal level in the forecast period.

The key market players covered by FMI include nSpire Health Inc., Vitalograph Ltd., Ndd Medical Technologies Inc., Recorders & Medicare Systems Pvt Ltd., Welch Allyn Inc., Chest M.I. Inc., Minato Medical Science Co Ltd., Geratherm, Medset Medizintechnik GmbH, Medical International Research, Cosmed srl, Sibelmed, and Ganshorn Medizin Electronic.

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Cold Plasma Market Perspective, Comprehensive Analysis, Growth and Forecast 2020-2030

FMI’s recent report projects the cold plasma market to expand staggeringly, attributed to its increasing application in the healthcare industry to treat hospital acquired infections. In its new study that tracks markets across 20+ countries, the report opines demand from food processing industry to complement growth in addition to the sustained demand from healthcare sector.

Additionally, recent clinical trials have established the effectiveness of cold plasma treatment in the removal of post-surgery cancer tumors, especially in the breast and lung segments. The treatment is widely accepted due to its ability to target malignant tissues and leave healthy ones intact.

Cold plasma treatment is also being touted as an effective remedy against the ongoing COVID-19 pandemic. The capability to neutralize over nine out of ten pathogens from the airstream is prompting healthcare providers to increase their research in this area of treatment.

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Key Takeaways

Low temperature atmospheric pressure plasma to capture the lion’s share during the forecast period
Food processing & packaging slated to expand impressively due to increased awareness regarding food contamination due to surface pathogens
Administration for healing chronic wounds to experience immense white spaces in terms of application
North America to retain market hegemony, Asia-Pacific offer lucrative prospects in the textile industry

COVID-19 and the Cold Plasma Market

The novel coronavirus pandemic has substantially hindered growth prospects of the cold plasma market, especially in the chemicals, automotive manufacturing, food processing and textile industries. This is due to a major business crunch experienced by these industries due to mandatory lockdowns.

However, medical practitioners are advocating cold plasma as an effective remedy to treat positive patients, thus keeping its demand afloat in the healthcare industry. Based on trials conducted on adenoviruses and noroviruses, scientists are optimistic about the treatment successfully eradicating the novel coronavirus strain.

The overarching aim of healthcare practitioners is to administer the plasma intensive care on mechanically ventilated COVID-19 patients to reduce viral load and prevent bacterial pneumonia. This lucrative potential across the medical sector is anticipated to keep the market afloat in the short-run.

Competitive Intelligence

Prominent players within the global cold plasma market include Nordson Corporation, Europlasma NV, Plasmatreat GmBh, Terraplasma Medical GmBh, Henniker Plasma, US Medical Innovations, Molecular Plasma Group, Nordson Corporation, Adtech Plasma Technology Co Ltd., Smith & Nephew plc and Thierry Corporation to name a few.

In February 2020, Adtech Plasma Technology initiated a new project in collaboration with Hull York Medical School for testing gas plasma on osteomyelitis bone infections. The project will assist in establishing a laboratory testing model for evaluating and optimizing plasma treatment for osteomyelitis biofilm infections.

Plasmatreat has deployed a prototype cleaning station in conjunction with the Bavarian Red Cross for disinfecting single-use protective clothing for frontline COVID-19 healthcare workers.

In 2019, the Electronics & Photonic Innovation Center (EPIC) acquired a substantial number of UK-based Henniker Plasma’s HPT-200 plasma treatment system, thereby expanding their own business capabilities.

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Soap Dispenser Market Trend 2020, Growth, Leading Companies with Impact of Covid-19, Business Scenario, Emerging Dynamics, Industry Share and Revenue Forecast by 2030

The global soap dispenser market will witness a CAGR of 6% between 2020 and 2030 – says FMI, an ESOMAR-certified market research firm. The study points out to a spike in demand to be sustained throughout the forecast period, as cleanliness and hygiene become key to reduce risk of virulent diseases.

The study finds that soap dispenser market players have quickly reacted to the situation arising due to the COVID-19 pandemic. The production of touchless soap dispensers has witnessed an increase in the recent past.

Touchless operations have been the need of the hour, especially to avert cross-contamination. Technology-based soap dispensers dispense a calculated quantity of liquid soap. As such, soap doesn’t get used excessively.

The study finds that consumers are also changing the manner in which they use soap dispensers. They have shifted from soaps to wall-mounted automated soap dispensers due to growing awareness on the part of hygiene. Commercial spaces, corporate offices, and educational institutions are seen mounting these soap dispensers these days.

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The above-mentioned trend has prompted the market players to emphasize on product launches for adding to the revenue. This trend is expected to create a holistic demand for automated soap dispensers in the forecast period (2020-2030).

Moreover, outbreak of Covid-19 has escalated the demand for touchless soap dispensers. This trend will never cease to exist, as precautions will be imperative.

Built-in Soap Dispensers

The modular kitchens these days come with built-in soap dispensers. If it’s a double-bowl, four-hole stainless steel sink, the kitchen faucet makes use of three holes and the 4^th hole could be used to install deck spray head.

Or else, old faucet could be removed and replaced with stylish pullout-spray model making use of the same 3 sink faucet holes. The new faucet could leave that additional deck hole open for installing soap dispenser.

Stainless Steel Built-in soap dispenser works well for the kitchen sink. The basic advantage is that it has a refillable and reusable dispenser pump that holds hand soap, essential oils, or lotion in a fashionable container to occupy very little room in the sink, at countertop, or in vanity.

This multi-purpose dispenser, as the name suggests, could be used for adding equipment soap hand sanitizer, shower gel, shampoo as well. These advantages are bound to increase the demand for soap dispensers on the whole, and built-in soap dispensers in particular.

Key Participant Insights

The key players in the soap dispenser market include Bradley Corporation, ASI American Specialties, Inc., Kohler Co., Simplehuman, GOJO Industries, Inc., Duravit AG, Sloan Valve Company, Georgia-Pacific LLC, Bobrick Washroom Equipment, Inc., and Toto Ltd.

The players are into new product launch spree to draw a larger base of customers. For instance – Frost Products Ltd., in Dec 2019, launched a novel counter-mounted foam dispenser made from stainless steel, holding a capacity of 1 litre with 304 brushed finish.

The other product launched by the company included a counter-mounted, touch-free liquid soap dispenser having a battery life of 1 year OR 20K cycles. There is a bulk loading refill capacity spanning 1.5 litres. 1-yr warranty is also assured of.

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Copper Foil Market Analysis (COVID-19 Analysis) – Industry Insights, Drivers, Top Trends, Global Analysis, Forecast and Opportunities to 2030

A new study by ESOMAR-certified market research firm Future Market Insights (FMI) reveals that global copper foil sales will grow at 7.4% CAGR through 2030. Growing application in e-mobility will be one of the key factors driving the growth of copper foils globally.

Other key highlights of FMI’s study include,

Application of copper foils in batteries to rise rapidly through 2030
Accelerated shift towards e-mobility to offer potential opportunities of growth in near future
North America and Europe to reflect significant investment prospects, given flourishing EV market

Recent studies on electromobility (e-mobility) reveal that copper is poised to play instrumental role in three key domains – charging infrastructure, energy storage, and production of electric vehicles (EV).

Electrification is considered as the most feasible way to achieve efficient and clean transportation that is critical to sustainable development worldwide. In the near future, EVs including, plug-in hybrid electric vehicles (PHEVs), hybrid electric vehicles (HEVs), and pure battery electric vehicles (BEVs) are expected to lead the clean vehicle industry in coming years.

EVs contains copper nearly four times compared to that in fossil-fueled models, majorly utilized in lithium-ion batteries (LIB), rotors, and wiring. In addition, the International Energy Agency (IEA) estimates that LIBs are slated to predominate the EV market over following decade.

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As such trends sweep across the business landscape, manufacturers of copper foils are moving aggressively and creating comprehensive strategies to maximize their odds of capturing value at stake.

Copper Foil Sales Stay Afloat as EV Industry Defies COVID-19 Threat

From European manufacturers – BMW and Renault – to their Asian counterparts –Toyota and Hyundai – as well as US companies including, General Motors, have registered and are anticipating staggering sales and interest in EVs and relevant ‘new energy’ automobiles amidst the COVID-19 crisis.

In addition, FMI finds that about 2/3 of vehicles worldwide are poised to be electric by 2040. EVs are weathering the COVID19 storm better versus conventional internal combustion (IC) engine vehicles. Consequently, LIB demand stands to benefit, and copper foils – as key component part of these batteries – will remain high in demand in coming years.

Copper Foil Market – Competitive Intelligence

The global copper foil is fairly competitive, with presence of several regional and international players striving to achieve economies of scale. As the market is set for supply headwinds due to notable rise on-road EVs in coming years, market players are honing in on capacity expansions and strategic acquisitions and investments.

KCF Technologies (KCFT) has started off large-scale production of 4-micrometer (μm) copper foils for EV batteries.
SK Holdings Co. is looking to allocate additional investments in Lingbao Wason Copper Foil Co. – leading Chinese copper foil manufacturer – in order to ensure security in primary materials required for rechargeable batteries.
In addition, the company has acquired 100% shares of KCF Technologies Co., which is the global leading producer of copper foil for LIBs, in a bid to diversify its product portfolio.

To Know More About Copper Foil Market:

A new market research report published by Future Market Insights (FMI) on the global copper foil market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2020-2030. The report examines the copper foil market through four different segments – grade, application, thickness and region. The copper foil market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of copper foils and product adoption across several end-use industries

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Private office-based clinics Market 2018 (COVID-19 Impact Analysis Included) Opportunities, Regional Overview, Top Leaders, Revenue and Forecast to 2028

The need for fast and reliable healthcare services in driving the outpatient clinics market. Private office-based clinics address this need. These private office-based clinics offer quick diagnosis and treatment to patients such that the patient does not require to stay at the healthcare facility for over a few hours. Use of advance technology and minimally invasive procedures allows private office-based clinics diagnose and treat their patients quickly. Collaborations with private health insurance companies is expected to boost the growth of the private office-based clinics. Moreover, rise in employee benefits such as Employees’ health insurance is projected to contribute towards the growth of the global private office-based clinics market over the forecast period. However, factors such as stringent regulations, dearth of healthcare practitioners, and rising healthcare cost will continue to hinder the growth of the market throughout the forecast period.

Rise in cardiovascular disorders is expected to fuel the growth of the multi-specialty centers segment that is projected to grow at a significant rate throughout the forecast period. Increase in chronic cardiology conditions and rise in minimally invasive procedures is expected to support the growth of the cardiology segment of the private office-based clinics market, by application. Another rising application is that of dermatology segment. Increasing ageing population and increase in aesthetic procedures globally is expected to drive the growth of the dermatology segment of the private office-based clinics market, by application.

Significant reduction in in-patient visits is a trend that most hospitals are witnessing due to the increase in outpatient visits. Rise in outpatient visits across the globe is expected to be one of the dominating trends that drive the growth of private office-based clinics market.

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Private office-based clinics Market: Drivers and Restraints

Rise in ageing population, increasing prevalence of chronic diseases, rise in healthcare expenditure, are some of the factors that support the growth of the private office-based clinics market through the forecast period. Other factors such as government support and regulations is expected to boost the growth of the private office-based clinics market in the near future. However, factors such as limited reimbursement in private office-based clinics is expected to hinder the growth of the private office-based clinics market. Other factors such as need for capital investment for the establishment of new private office-based clinics along with need for equipped and trained staff and professionals may affect the growth of the private office-based clinics marketed slightly.

Private office-based clinics Market: Overview

Private office-based clinics market is segmented into type of clinics, application and regions. Private office-based clinics service provides have a number of services that may be bundled or singular services. The services offered by the private office-based clinics can be broadly categorized based on application as cardiology, dental, pulmonology, orthopedic, ophthalmology and others. Based on type of clinic, the private office-based clinics can be classified as single specialty centers, multi-specialty centers, surgical centers and diagnostic centers.

Private office-based clinics Market: Regional Outlook

North America takes the maximum share of the private office-based clinics market. This is due to increased healthcare budget, rise in awareness, advancement in technology, and increasing number of minimally invasive procedures in the regions. However in regions such as China and India, the growing demand for minimally invasive procedures, ageing population and limited number of healthcare professionals has created an opportunity for the growth of the Private office-based clinics market in such regions. Thus, the Private office-based clinics market is expected to grow with a significant CAGR in the APAC region.

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Molecular Microbiology Market Size, Growth Opportunities, Industry Potential, Segmentation Overview, Trends And Forecast Studies 2028

The molecular diagnostics scenario has been drastically changed since the introduction of molecular microbiology. The introduction of molecular microbiology has provided enormous opportunities to laboratory professionals and physicians to introduce new technologies in the field of molecular diagnostics. Molecular microbiology is considered as an important interdisciplinary field of microbial physiology, molecular biology, and genetics. Molecular microbiology also deals with physiological processes and molecular mechanisms of microbes and their utilization in the production of biotechnology products and medicines such as vaccines, and antibodies. Molecular microbiology methods are increasingly incorporated in laboratories for the detection and characterization of isolates for the diagnosis of diseases which cannot be detected by conventional culture techniques.

Molecular Microbiology Market: Drivers and Restraints

Growing infectious diseases burden and increased funding for healthcare expenditure are the factors responsible for driving the growth of molecular microbiology market during the forecast period. Furthermore, the growing demand for care facilities and favourable regulatory policies for promoting care facilities are also fueling the growth of the global molecular microbiology market. Changing methodologies for disease diagnosis and rising awareness about infectious diseases are also some of the factors boosting the growth of molecular microbiology market during the forecast period. However, the high cost of molecular microbiology tests, along with debt of skilled labours to handle the complexity of devices are some of the factors hampering the growth of the global molecular microbiology market.

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Molecular Microbiology Market: Overview

Molecular microbiology is evolving as a new technique for more rapid testing and identification of microorganisms related to infectious diseases. Molecular laboratories play an important role in epidemiology and infection control programs. Within the molecular laboratories, molecular microbiology has revolutionized the identification and surveillance of infectious diseases. Molecular microbiology primarily deals with the inter-dependency of the microbial processes and the various molecular interactions that take place in the organism, for instance, gene therapy in viruses and signalling in bacteria, which are basically used in treating several genetic diseases in the individuals with the help of viral vectors. Based on the end user, the global molecular microbiology market is segmented into hospitals, diagnostic laboratories, academic and research institutes, and others. Amongst them, diagnostic laboratories are anticipated to hold a substantial share in the global molecular microbiology market.

Molecular Microbiology Market: Regional Outlook

The establishment of a molecular microbiology facility within a microbiology laboratory remains fragmented. The developing countries of Latin America and the Middle East and Africa regions are expected to experience slow growth in molecular microbiology market due to poor infrastructure, and lack of skilled professionals. Whereas, the developed molecular microbiology markets of North America and Europe are expected to hold maximum market share in the global molecular microbiology market. High awareness level about various infectious diseases among the general population of developed regions is responsible for fuelling the growth of molecular microbiology market. Asia Pacific molecular microbiology market is anticipated to grow with maximum growth rate due to favourable government policies and increasing healthcare spending in the region.

Molecular Microbiology Market: Key Players

Examples of some of the key players in the global molecular microbiology market are QIAGEN, Curetis N.V., F. Hoffmann-La Roche AG, Abbott Laboratories, Hologic, Inc., Agilent Technologies, and others. The emerging players of the developing regions are following all organic and inorganic strategies in order to increase their geographic presence in the global molecular microbiology market. This will provide them in gaining maximum market share in the global molecular microbiology market.

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Lab Robotics Market Size Estimates and Forecasts by Region, Growth Rate and Trend Analysis by Types and Application 2018 to 2028

Use of the robots in the laboratories for performing or assisting the laboratory tasks is on the rise across all the industries. Increasing use of the automation in laboratory procedures to assist or handle the task is on rise and expected to get significant traction in near future due to various benefits. Various tasks which are mundane and repetitive may be tedious to carry out for human and hence chances of altering result increases, in these scenario lab robotics can be very efficient and useful to carry out task. Recent study carried out in the Tokyo evaluated that up to 80% of task in life science industry can benefit vastly by using lab robotics. Even smallest error by human in performing the research work in the laboratory can potentially hamper the outcome, in these situations laboratory robots can be very efficient.

Lab Robotics Market: Drivers and Restraints

The accuracy with which the robots can perform the work in laboratories is the major driver in the lab robotics market. The ability of robots to perform most tedious work in high speed with accuracy expected to drive the growth of the lab robotics market. The high productivity of robots in performing laboratory tasks with minimal wastage further expected to drive the growth of the lab robotics market. Various laboratory robots are small and lightweight with suitable design which makes it easier to deploy them for various operations in limited space enhancing the revenue generation in the lab robotics market. The ability of robots to perform repetitive work untiringly allows workers and scientists to perform tedious work with increased precision. The lab robotics further reduces the production cost due to capability of performing work in high speed, accuracy, untiringly which in turn expected to drive the growth of the market. Widespread evaluation studies going on to determine and develop the industry specific and lab task specific robots further expected to drive the growth of the market. Although high efficiency of lab robotics, they do have some shortcomings such as high initial cost of installation, less flexibility when tasks are switched, lack of appropriate guidelines to use lab robotics, these are few factors which can adversely affect the growth of lab robotics market.

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Lab Robotics Market: Overview

The global lab robotics market is expected to experience significant growth due to increasing use of automation in the laboratories by various industries. By end user, life science industry expected to dominate the market due to higher adoption of the product. The manufacturers in the lab robotics market are trying to develop industry specific lab robotics which are cost effective.

Lab Robotics Market: Regional Outlook

The global lab robotics market is expected to be dominated by the North America due to high availability of products as well as availability of trained professionals to handle the lab robotics. Europe is expected to be second most lucrative lab robotics market due to high number of biopharmaceutical companies residing in the region coupled with number of robotics manufacturing companies. Latin America is expected to experience steady growth due to gradually increasing adoption of the lab robotics for handling the tasks. Asia-Pacific is expected to be the emerging market due to rising number of skilled professionals to handle the lab robotics as well as increasing preference for the automation. Middle East & Africa is the least lucrative market due to lack of proper healthcare infrastructure, less number of research activities going on in the healthcare sector.

Lab Robotics Market: Key Players

The key market players operating in the lab robotics market are: AB Controls, Aurora Biomed, Peak Analysis & Automation, Thermo Fisher Scientific, Yaskawa Electric, Tecan Group, Chemspeed Technologies ALS Automated Lab Solutions, Hudson Robotics, Universal Robots, ST Robotics and others.

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Voiding Cystourethrogram Market size, Insights, Prospects, Growth Trends, Key Trends, Opportunities and Forecast until 2028

This Voiding Cystourethrogram market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Voiding Cystourethrogram market.

Voiding Cystourethrogram utilizes a technique in order to visualize the patient’s urinary bladder and urethra while the patient urinates. Voiding cystourethrogram involves catheterizing the patient by filling up the urinary bladder with the use of a radiocontrast agent, majorly diatrizoic acid. Furthermore, under real time x-rays (fluoroscopy), the medical professional, specifically a radiologist, analyzes the contrast agent moving into the urinary bladder and observes the patient’s anatomy. If the contrast agent starts moving into the ureters and back in the kidneys, the medical professional diagnoses the patient with vesicoureteral reflux and marks the severity degree score. The entire examination involving a voiding cystourethrogram concludes when the patient voids the urinary bladder while being observed under fluoroscopy. The fluid consumption promotes the contrast agent excretion post procedure. Majorly children diagnosed with UTIs (Urinary Tract Infections) are advised to go through a voiding cystourethrogram procedure for determining the risks associated and subsequent infections causing potential kidney damage. Voiding cystourethrogram is thus, a very useful tool for the diagnosis of any kind of abnormality related to the lower urinary tract or the bladder, majorly for children.

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Voiding Cystourethrogram Market: Drivers and Restraints-

Growing incidence of Urinary Tract Infections, majorly in children, and increase in number of imaging procedures, worldwide, is expected to boost the demand for voiding cystourethrogram market during the forecast period. Growing awareness on uncovering the vesicoureteral reflux in patients, specifically in children, when they are diagnosed with Urinary Tract Infection, also to further determining any kind of stricture in the bladder is expected to contribute highly to the market growth for voiding cystourethrogram. Increase in healthcare expenditure and improved reimbursement policies for voiding cystourethrogramy by the government is also expected to fuel the market growth for voiding cystourethrogramy during the forecast period. However, several side effects associated with voiding cystourethrogramy, such as, hot flashes, vomiting, nausea, breathing problem, low blood pressure, swelling of the throat or mouth, and cardiac arrests could hamper market growth for voiding cystourethrogram. High procedure cost for voiding cystourethrogram could also obstruct the market growth for voiding cystourethrogram during the forecast period.

Voiding Cystourethrogram Market: Overview

Global Voiding Cystourethrogram market has witnessed significant growth rate owing it to the high demand by the paediatric population. Voiding cystourethrogram is one of the most common procedures performed by paediatric radiologists. There are certain rare side-effects that are also associated with the use of the radiocontrast agent use during a voiding cystourethrogram procedures, such as, any anaphylactic reaction to the contrast agent, or bladder perforation. Abnormal results obtained by the voiding cystourethrogram may have several connotations, which involve, but are not specifically limited to, reflux nephropathy, neurogenic bladder, urethral/bladder diverticula and ureterocele (which is the ballooning of distal ureter while it opens in the urinary bladder to form a pouch).

Voiding Cystourethrogram Market: Region-wise Outlook

North America’s Voiding Cystourethrogram market is growing owing it to the high procedure adoption rate and is expected to dominate during the forecast period due to growing number of imaging centers and improved healthcare expenditure for imaging procedures. The incidence of pediatric urology disorders, majorly urinary tract infections, is increasing which also contributes to the share in the voiding cystourethrogram market for the region. Europe’s Voiding Cystourethrogram market is also expected to grow at a significant rate due to improved healthcare infrastructure and availability of Voiding Cystourethrogram procedure in the region. Improved reimbursement policies is also expected to boost the market growth for voiding cystourethrogram in the region. MEA’s Voiding Cystourethrogram market is projected to grow at a decent rate due to low healthcare expenditure and less availability of the procedure.

Voiding Cystourethrogram Market: Key Market Participants

Some of the market participants in the Global Voiding Cystourethrogram market identified across the value chain include: Merck & Co., Inc., Koninklijke Philips N.V., General Electric Company, Block Imaging International, Inc., Carestream Health, Inc. Siemens AG, BMI Biomedical International s.r.l., Hitachi Medical Systems, Medtronic, and FUJIFILM Holdings Corporation.

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Veterinary Point of Care Market Analysis by Growth, segmentation, performance, Competitive Strategies and Forecast to 2028

This Veterinary Point of Care market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Veterinary Point of Care market.

In the past decade there has been a tremendous change in veterinary healthcare. Point of care testing has enabled rapid results through non-laboratory settings. The simple nature of veterinary pint of care testing is creating demand in the market. Favourable government policies are expected to argument the growth of the veterinary point of care market during the forecast period. Rise in demand for animal derived food is expected to stir opportunities in the Asia-Pacific region. Other factors such as rise in poultry production, and increase in farm animals along with the rising prevalence of diseases in animals globally is expected to drive the growth of the veterinary point of care market.

Although there have been many advances in the Veterinary point of care market, their uptake has been low. Veterinary point of care testing products is usually designed for uptake in the developed regions. However, the uptake of veterinary point of care products is low in these regions since livestock diseases are often absent in such developed regions. Low adoption of veterinary point of care products is anticipated to hinder the growth of the veterinary point of care market.

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Veterinary Point of Care Market: Drivers and Restraints

Increase in adoption of companion animals, growing awareness of animal healthcare, increasing pet healthcare expenditure is driving the growth of the Veterinary Point of care market. Furthermore increase in demand for pet insurance, rising awareness of zoonotic diseases and increasing number of veterinary practitioners is expected to further argument the growth of the veterinary point of care market.

Veterinary Point of Care Market: Overview

Veterinary Point of Care market is segmented into product type, application, sample type, animal type, end users and regions. Veterinary Point of Care service provides have a number of products that can be broadly categorized as haematology kits, infectious disease kits and other kits based on application. These veterinary point of care products are available for dogs, cats, bovine animals, swine and others. By product type the veterinary point of care products can be classified as diagnostic kits, analyzers and others. These veterinary point of care products can be used for diagnosis in veterinary hospitals, veterinary clinics and research institutes.

Veterinary Point of Care Market: Regional Outlook

North America is expected to dominate the veterinary point of care market, by region. A number of factors such as increasing companion animal healthcare spending, rising demand for animal derived food products, and increasing awareness of animal healthcare contribute to the driving force of the North America veterinary point of care market. Increasing pet adoption in the Asia Pacific region is expected to assist the growth of the veterinary point of care market in the region significantly in the near future.

Veterinary Point of Care Market: Key Players

Some of the key players that offer Veterinary Point of Care products include, IDEXX Laboratories, LifeAssays AB, Diagon, Abaxis, Biogal, Galed Labs. Acs Ltd, and Bionote, Inc, among many others.

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