NF-KB Inhibitors Market 2020 Outlook, Current and Future Industry Landscape Analysis 2030

NF-KB Inhibitors Market OverviewNF-KB inhibitors are the drugs that are used in controlling the activity of NF-KB. NF-KB is a transcription factor, found to be involved in the regulation of around 500 genes that are responsible for several functions such as cell proliferation, metastasis, survival invasion, inflammation, and angiogenesis.

Any defect in the normal functioning of NF-KB can result in various types of disease such as cancer, chronic inflammation, etc. Therefore, the development of drugs that acts as NF-KB inhibitors, can be helpful in treating these disease.

NF-KB inhibitors market is likely to grow with the increasing prevalence of cancer across the globe at a very high rate, hence many companies are focusing on developing target specific medicines for the effective treatment with least side effects.

The outbreak of coronavirus is an unprecedented shock to the world’s economy. It is causing the disturbance in almost all industries. As coronavirus has become the main focus, all research institutes, biotech and pharmaceutical companies are appointed in collaboration work to deal with Covid-19.

This has led to the shifting of their focus and also all the resources from making other drugs to coronavirus vaccines. This is hampering the productivity of drug NF-KB Inhibitors development.

NF-KB Inhibitors Market: Drivers and Restraints-

The increasing prevalence of various types of cancer across the globe and increase in novel treatment rate are the major driver of the NF-KB Inhibitors market. The rising awareness of cancer and the demand for effective treatment, especially in developing countries are also driving the growth of the NF-KB Inhibitors market.

Furthermore, technological advancement and strong research and development activities are likely to boost the global NF-KB Inhibitors market. Many players are entering the NF-KB inhibitors market with their new products and technologies to compete in the market, this is further likely to boost the market.

However, stringent regulations imposed by regulatory authorities are expected to hamper the growth of the NF-KB Inhibitors market.

NF-KB Inhibitors Market: Overview

Based on the drug type, the denosumab segment is expected to hold a major share in the NF-KB Inhibitors market. Based on the indication, the multiple myeloma segment is expected to dominate the NF-KB Inhibitors market due to the increasing prevalence of the disease across the globe.

Based on the distribution channel, the hospital pharmacies are expected to be the most profitable segment in the global NF-KB Inhibitors market due to the advanced medical facilities.\

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NF-KB Inhibitors Market: Region-wise Outlook

North America is expected to dominate the global NF-KB Inhibitors market, due to the technological advancement, increasing prevalence of various types of cancer, rising awareness about the disease and products development in the region.

Furthermore, a large amount of investment in R&D is likely to boost the market in the region. North America is expected to be followed by Europe, due to the rising adoption of new and advanced products and technologies in the region. Asia-Pacific is expected to have a significant growth in the global NF-KB Inhibitors market over the forecast period due to the rapid economic development and rising healthcare expenditure in the region.

Also, increasing population and prevalence of cancer in countries like China and India are expected to boost the NF-KB Inhibitors market.

NF-KB Inhibitors Market: Key Market Participants

Some of the market participants in the global NF-KB Inhibitors market identified across the value chain include:

  • Takeda Pharmaceutical Company Limited
  • Pfizer Inc.
  • Amgen Inc.
  • Apotex Pharmaceutical Holding Inc.
  • Dr. Reddy’s Laboratories
  • Teva Pharmaceutical Industries Ltd.
  • Merck & Co.Inc.
  • Alkermes
  • Reata PharmaceuticalsInc.
  • Catabisis Pharmaceuticals

The report covers exhaust analysis on:

  • NF-KB Inhibitors  Market Segments
  • NF-KB Inhibitors  Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (India, ASEAN, Australia & New Zealand)
  • China
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Report Highlights:

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

drug type

  • Denosumab
  • Bortezomib
  • Others

 indication

  • Multiple myeloma
  • Giant cell tumor
  • Hypercalcemia
  •  Others

distribution channel

  • Hospital pharmacies
  • Online pharmacies
  • Retail pharmacies

Nasal Sampling Lines Market 2020 Outlook, Current and Future Industry Landscape Analysis 2030

Nasal Sampling Lines Market OverviewNasal sampling lines are the specifically designed medical sampling lines for sampling, monitoring and delivery of oxygen, carbon-di-oxide and other gases through nasal route.

Nasal sampling lines are used for the treatment for chronic respiratory complications, preterm births and strokes, and can be used with bi-level ventilators and CPAP device. World Health Organization (WHO) has stated that 65 million people are affected with Chronic obstructive pulmonary disease (COPD) which is considered the third leading cause of death worldwide.

According to the Centers for Disease Control and Prevention (CDC), in the U.S. over 7.95 million people suffer through the stroke, with 1.4 million deaths reported. Coronavirus or COVID-19 has surged the burden of respiratory complications and fatalities, for which nasal sampling lines emerge as a vitally preventive and therapy option.

The global nasal sampling lines market growth is boosted by the soaring cases of respiratory infection associated with increasing air pollutions, along with the advancement of medical technology of nasal sampling lines.

Nasal sampling lines market growth is fuelled by the emergence of a recent pandemic of Coronavirus. Nasal sampling lines are recommended for Coronavirus treatment by the CDC.

The respiratory complications and lethality of Coronavirus has pushed the market to elevate exponentially to meet the massive demands of nasal sampling lines.

Nasal Sampling Lines Market: Drivers and Restraints

The drivers of nasal sampling lines market include the surging tolls of respiratory diseases demanding for accurate and effective measurement of gases and delivery of supplement gases for treatment. The respiratory complications are amplified due to the diseases and air pollution including COPD, Coronavirus, asthma, carbon monoxide poisoning, preterm births, stroke, cystic fibrosis and pneumonia.

The compliance of nasal sampling lines is due to the minimal invasiveness, minimal skin contact, easy insertion, compact size, affordability, efficacy and safety in the delivery and monitoring of gases via the nasal tract.

The synergistic collaborations between government & healthcare groups, advanced R&D, hospitals’ reimbursement policies, elevated investments and the emerging regional and local competitors with their novel technologies backed by the advanced R&D are fuelling the market. Some popular nasal sampling lines are available in market such as Optiflow, PureFlex, Uniflo-2 and many more.

However, there are certain restraints of nasal sampling lines market that decelerates its growth spurt. They possess some side effects including constant nasal dryness and bleeding, high oxygen level and pulmonary oxygen toxicity, risk, skin irritation and headache.

The overall market of nasal sampling lines market is poised to grow further, with the exponential growth spurt by Coronavirus pandemic, along with the advancing medical research and increasing acceptance of nasal sampling lines. The developing nations will have elevated use of nasal sampling lines due to their affordability for oxygen therapy.

Nasal Sampling Lines Market: Overview

The global market of nasal sampling line market is growing lucratively with the surging respiratory complications and medical advancements.

By types, high-flow nasal sampling lines leads the segment of nasal sampling lines type and registered fastest growth rate with their advantageous features of decreased resistance, improved gas conduction, positive airway pressure provisions, optimum humidification and adequate gas volume delivery.

By applications, chronic obstructive pulmonary disease (COPD) dominates the segment of nasal sampling lines applications due to its massive global prevalence and causalities, demanding immediate hospitalization. By distribution channels, hospitals rules the segment of nasal sampling lines applications due to their high compliance by patients for the skilled medical staff, advanced diagnostics, diverse healthcare services and high expenditure.

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Nasal Sampling Lines Market: Regional Outlook

North America nasal sampling lines market dominates with the key players, surging respiratory complications, awareness of oxygen therapy, affordability, reimbursements schemes, advanced healthcare and research.Europe holds the second largest nasal sampling lines market with its advanced technology and investments, healthcare and rising demands of nasal sampling lines.

Asia-Pacific nasal sampling lines market is growing at the fastest rate with the contributing states, China and India by their giant patient pool, advancing R&D and technology, government’s support, public healthcare reforms, increased healthcare expenditures, disposable incomes and affordability of nasal sampling lines.

Latin America nasal sampling lines market is growing gradually with healthcare investments by hospitals, technology advancements and low cost of nasal sampling lines. MEA & Africa nasal sampling lines market is growing gradually with the major contributions from Israel and South-Africa having active R&D, technological advanced nasal sampling lines and progressing healthcare facilities.

Nasal Sampling Lines Market: Key Players

The key players of nasal sampling lines market include

  • Medtronic
  • Besmed
  • Mindray Medical International Ltd.
  • Flexicare
  • LivaNova
  • Salter Labs
  • Masimo
  • Smiths Medical
  • Neotech Medical Pvt Ltd.
  • Sunset Healthcare Solutions
  • Hamilton Medical and Teleflex.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Indication
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia-Pacific excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Northern Africa)

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

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

Report Highlights:

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

The global nasal sampling lines market is segmented into types, applications, distribution channels and regions.

types:

  • Low-Flow Nasal sampling lines
  • High-Flow Nasal sampling lines

applications:

  • Chronic Obstructive Pulmonary Disease (COPD)
  • Acute Respiratory Failure
  • Carbon Monoxide Toxicity
  • Bronchiectasis
  • Others

distribution channels:

  • Hospitals
  • Ambulatory Surgical Centres

Smart Pill Boxes & Bottles Market 2018 Outlook, Current and Future Industry Landscape Analysis 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.

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.

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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.

Key SegmentBy product type

  • Smart Pill Box
  • Smart Pill Bottles

By indication

  • dementia
  • Parkinson’s disease
  • cancer management
  • diabetes care
  • geriatric care
  • disability
  • others

By end user

  • Seniors Care & Assisted Living
  • Long Term Care Centers
  • Home Care Settings

By regions

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

Metagenomics Market 2018 Outlook, Current and Future Industry Landscape Analysis 2028

According to a recently released report by Future Market Insights, widespread adoption of metagenomics tools in environmental monitoring and pollution reduction projects is estimated to boost the metagenomics market growth. Recent advancements in technology are aiding in the substantial reduction of costs incurred for sequencing paving way for the development of genetic sequencing on a large scale. This has opened up new opportunities for leveraging metagenomic tools on a large scale for monitoring of environmental microbe communities. Moreover, the efficacy of metagenomic tools in tackling environmental toxicology is further contributing to its growing popularity. For instance, a recent development saw the use of metagenomics in predicting the extent and presence of contamination in the environment while another research outlined how metagenomics can be leveraged to attenuate pollutants in the environment using unculturable microbes present in the natural environment. The use of metagenomics to understand the influence biostimulation can have on microbial communities is also under progress.

Growing concerns about environmental conditions are prompting authorities around the world to invest in researches to improve the efficiency and scale of bioremediation. In addition to this, bioremediation is gradually gaining traction owing to its cost-effective and eco-friendly chemical treatment. As metagenomics is vital to the success of bioremediation, the market is estimated to grow as the alternative chemical treatment process gains popularity.

Clinical Diagnostics to Emerge as a Vital Revenue Pocket

Clinical diagnostics and bioremediation are estimated to emerge as the highest revenue generating segments in the foreseeable future. The term metagenomic diagnostics is slowly gaining in prominence as studies experiment to widen the scope of application of metagenomics in the healthcare industry. For instance, multiple studies have alluded to the development of a new diagnostic procedure termed as “shotgun metagenomics” which uses DNA sequencing to identify different pathogens and aid in the development of effective targeted treatment by predicting their resistance against different medications. Metagenomic diagnostics presents a promising prospect that could help predict and manage the treatment of a plethora of diseases. Further, metagenomics can also potentially discover hidden genetic features that could prove vital in the progression of an assortment of biotechnological applications such as the discovery of novel enzymes, bioactive molecules, and genes with significantly better or altogether new biochemical functionalities.

Metagenomics Market Growth Underpinned by its Potential Application in Antibiotics Production

Metagenomics provides a detailed analysis of the taxonomic composition of microbe communities. It provides accurate information with regards to the gene characteristics specific to a particular community. The information provided by metagenomic tools can be effectively utilized for the production of an assortment of antibiotics. Recent research in the direction was conducted by scientists at UC Berkley who concluded leveraging metagenomics for bioprospecting soil can aid in the development of a plethora of antibiotics. The study used metagenomics to identify the genes that produce antibiotics and antifungals to combat diseases in microorganisms and stated that the same chemicals can potentially aid in combating bacterial and fungal infections in humans as well.

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Library Preparation Kits find Growing Consumer Base as Gene Sequencing Gains Centerstage

DNA and RNA sequencing practices are gradually gaining traction owing to their ability to provide a massive set of valuable data about gene sequences in a small duration of time. The data generated through gene sequencing is then analysed by clinicians, scientists, and researchers who then used the derived knowledge in various verticals such as agriculture, forensics, diagnostics, pharmaceuticals, and other applications. Library preparation kits provide the means for efficient and quick extraction of gene segments which are then used for analysis. Moreover, advancements in technology are aiding library kit manufacturers in offering improved products that reduce error and stress while improving accuracy. The FMI report opines the factors will prove vital in the growth of the segment which is estimated to contribute significantly to the metagenomics market growth.

Metagenomics Market Continues to Propel in North America, Upheld by Government Funding for Epigenetics R&D

The FMI study opines metagenomics market in North America is estimated to continue to proliferate and remain at the helm of the global metagenomics market growth. Presence of advanced infrastructure coupled with continuous government funding for research and development in the field of epigenetics are the vital factors that are estimated to drive the growth of the market in the region. Further, the presence of favorable regulations promoting research and development for improving the quality of healthcare in the countries in the region are expected to fuel the market growth.

Metagenomics Market – SegmentationOn the basis of product type

  • sample extraction kits
  • metagenomics sequencing kits
  • library preparation kits

On the basis of application

  • bioremediation
  • microbial diversity
  • antibiotics production
  • clinical diagnostics
  • biosurfactants

On the basis of end-use industry

  • hospitals
  • academics and research
  • pharmaceutical industries
  • research laboratories
  • others
    • emergency services
    • clinics.

Anemia Treatment Market 2018 Outlook, Current and Future Industry Landscape Analysis 2028

According to a study of Future Market Insights (FMI), anemia treatment market will surpass US$ 7.8 billion in 2019. More than 70% of the anemia treatment is sought for normocytic anemia, followed by microcytic anemia. Most of the demand for anemia treatment is driven by the condition as a result of one or more chronic diseases, according to a new research study by Future Market Insights.

One of the non-communicable chronic conditions responsible for the epidemiological transition of developing regions, chronic kidney disease (CKD) is a key factor fuelling demand for anemia treatment. Anemia treatment market is also receiving a strong impetus from the rising popularity of combination therapy. Increasing use of vitamin and iron supplements, antibiotics, metal chelating agents, and erythropoietin stimulating agents in combination therapy is cited as in important factor pushing prospects of anemia treatment market in upcoming years.

Vitamin Supplements Gains Significant Traction for Anemia Treatment

A surge in R&D investments is prominently improving scope of anemia treatment. Moreover, a rising number of pipeline drugs and promising potential of biosimilars will contribute to the demand for anemia treatment. However, high price point associated with biologics continues to mask their superior treatment efficacy over conventional medications.

More than 75% of anemia treatment market revenue is accounted by medications, of which, ESAs (erythropoietin stimulating agents) remain bestselling. Blood transfusion also cited as an important type of anemia treatment, contributing to the market growth. However, the demand for former is poised for a robust double-digit yearly growth in 2019 and ahead.

Lucrative emergence of ESAs and soaring consumption of other biosimilar medications are likely to introduce new investment opportunities in anemia treatment market. Extensive availability, accessibility, and economic price point of biosimilar drugs is strongly backed by an increasing number of FDA approvals. This according to FMI will significantly contribute in improvement of CKD, thereby bolstering the revenue of anemia treatment market. FDA recently issued an approval to a biosimilar drug by Pfizer for use in anemia treatment – Retacrit (epoetin alfa-epbx).

Over 55% of dietary supplements consumed as a part of anemia treatment are vitamin supplements. An increasing number of iron deficient patients will reportedly result in rapid demand growth of iron supplements in years to come, posing strong competition to that of vitamin supplements in the anemia treatment market. Currently, almost 60% of the medications and dietary supplements for anemia treatment is available at institutional pharmacies. The report also points to a gradually expanding share of retail pharmacies in the near future.

Just-under a third of the global demand for anemia treatment is raised by North American patients, whereas more than a third of the total demand is accounted collectively by East and South Asia. Europe is also cited as one of the key regional markets for anemia treatment providers.

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Product-based Business Models Emerge as a Key Competitive Strategy

The consistent quest for therapeutically effective ESAs, dietary supplements, antibiotics, and other biologics to be used in anemia treatment continues to create attractive avenues in the R&D realm. Leading drug manufacturers are investing efforts in launching novel products and upgrading their existing consumable product portfolios. Amgen’s epoetin alpha has been a breakthrough product since its launch in the CKD treatment landscape and growing adoption continues to benefit the company.

Besides augmenting R&D investments, prominent players in anemia treatment market are also focusing on strategic agreements and partnerships – further paving the way for development of anemia treatment drugs. Emergence of partnership-based models in the competitive landscape of anemia treatment market is likely to reshape R&D structure in the anemia treatment market. The report prompts at major investment opportunities arising in open collaboration strategies. A number of drug manufacturers are also opting for partnerships with regional distribution leaders to form effective product-based distribution channels, particularly targeting developing regional markets.

Generic Oncology Drugs Market 2018 Outlook, Current and Future Industry Landscape Analysis 2028

Generic oncology drugs, being able to detect and treat tumors, are utilized extensively in the healthcare industry for treating cancer. Notable enhancements in the technology with the blend of information is expected to accelerate the pace of growth for the generic oncology drugs market and the cost pertaining to the treatment of cancer. Advanced technologies such as real world data, mobile apps, and artificial intelligence have successfully been able to achieve a high engagement rate of the patients, which has resulted in increasing awareness of the cancer treatment among the patients.

A significant increase has been noted in the spending capacity for the development of cancer. More than one-third of the trials proposed by the manufacturers are aimed at offering personalized cancer treatments, which further propels the demand for generic oncology drugs. A host of these factors have contributed massively to the expansion of the generic oncology drugs market at the global level.

According to a report, the global generic oncology drugs market is poised to surpass a striking CAGR of 6% through 2028. Increasing inclination of individuals towards smoking and tobacco consumption is the chief cause of cancer. Secondary factors such as sedentary lifestyle, genetic causes, viral infections, carcinogens, and high consumption of junk food make the human body susceptible to cancer. Growing concerns of a high number of deaths occurring on the back of cancer have provoked the government authorities to take effective steps for preventing cancer.

Notable Developments in the Generic Oncology Drugs MarketImprovement in cancer treatment drugs and therapies have been one of the most underlying aims of the pharmaceuticals and medical organizations operating at the global level. Consequently, generic oncology drugs have been utilized for innovating novel therapies and increasing the survival rates of patients.

Blood Cancer Immensely Contributes to the Growth of the Generic Oncology Drugs MarketAmongst the various types of cancer such as skin cancer, bladder cancer, bone cancer, eye cancer, gastrointestinal cancer, gynecological cancer, lung cancer, endocrine cancer, and blood cancer is accounted for generating the largest share for the generic oncology drugs market. Patients diagnosed with blood cancer seek complete treatment to this chronic disease, as a result of which excessive demand for generic oncology drugs is created. In addition to this, the high cost of the therapies and generic oncology drugs play a crucial role in the growing size of the generic oncology drugs market.

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Recent Developments to Drive the Growth of the Generic Oncology Drugs MarketThe key players involved in transforming the landscape of the generic oncology drugs market include Bayer Healthcare AG, Amgen, Teva Pharmaceutical Industries, Pfizer, Boehringer Ingelheim GmbH, AstraZeneca, Hoffmann-La Roche Ltd., Eli Lily and Company, ARIAD Pharmaceuticals, Inc., GlaxoSmithKline, CELGENE Corporation, Novartis AG, Johnson and Johnson, AbbVie Inc., Merck & Co., and Sanofi, among others.

Out of these leading players, CELGENE, Novartis, and Roche have been procuring a considerable share in the generic oncology drugs market with a rich product portfolio and pipeline products aimed at treating cancer effectively.

  • Novartis AG applied smart strategies for channel integration like eCommerce with mobile application to fuel the sales at the retail stores. In addition to this, the company achieved a CE mark for its gene modifying therapy used for the treatment of blood cancer.
  • Pfizer Inc. has been focusing on the over 39 therapies, in order to fortify its product portfolio. In the year 2017, Glasdegib of Pfizer received the priority review from the U.S. FDA to treat myeloid leukemia. Post this, XTANDI of Pfizer as well received the FDA approval.

Many similar key development shaping the landscape of the existing generic oncology drugs market have been incorporated in the report.

Dental X-ray Systems Market 2017 Outlook, Current and Future Industry Landscape Analysis 2026

Increasing incidences of acute diseases like cancer has created a robust demand for effective diagnostics and treatment for the early detection of this disease and increase the probability of survival. As a result, dental X-ray systems have witnessed a rapid rise in their demand, on the back of their qualification as a promising diagnostics and treatment procedure. In addition to this, the dental X-ray systems significantly reduce the radiation dose among the patients, which strengthens the trust of the medical practitioners in the equipment and boosts the growth of the dental X-ray systems market.

Rising geriatric population and their edentulous issues directly open lucrative opportunities for the dental X-ray systems market. Moreover, healthcare facilities utilized by the elderly population are subsidized by the government, which in turn, has boosted the usage of dental X-ray systems. According to a report published by Future Market Insights (FMI) opines that the global dental X-ray systems market will grow at a striking CAGR of over 6% by the end of 2026.

With the increasing comfort provided by the portable intraoral X-ray systems, the traditionally used floor mounted dental X-ray systems are gradually becoming obsolete. When weighted on the basis of cost, dental X-ray systems provides far better affordability to the dental clinics and hospitals as compared to the cone-beam computed tomography (CBCT) systems, which is why the sales prospects of the former are better.

Challenges Pertaining to the Dental X-ray Systems Market: Reduction in ReimbursementA notable reduction in the primary healthcare facilities for many diseases including oral health will affect the capacity and the resources adversely. Newly formed legislation will enforce reduced reimbursement regulations on the MPFS (Medicare Physician FEE Schedule) and HOPPS (Hospital Outpatient Prospective Payment System), which is expected to cause a drop in the growth of the dental X-ray systems market.

Technological Advancements to Lend Ample Growth Opportunities to the Dental X-ray Systems MarketInnovations and advancements brought about in the medical imaging vicinity and especially, dental X-ray systems have intensified the growth prospects of the dental X-ray systems market. Owing to the progress made by the healthcare industry, there has been a consistent need for the precise diagnosis of the diseases, which has been fulfilled by the dental X-ray systems. Given the multifold applications of these systems, the global dental X-ray systems market is projected to grow exponentially.

North America to Maintain a Strong Hold on the Global Dental X-ray Systems MarketThe study on dental X-ray systems market provides a detailed analysis on the basis of several factors affecting the market growth. The key geographies assessed in this study include China, APEC, Europe, Latin America, North America, and Middle East and Africa (MEA). Depending on the market size, North America leads the dental X-ray systems market, attributed to the advanced healthcare facilities and excellent spending capacity. As a subsequence, the regional dental X-ray systems market is expected to bear positive results for the global dental X-ray systems market.

Following the footsteps of North America, Europe is the second most dominating region influencing the growth of the dental X-ray systems market. In addition to this, Asia Pacific is equally estimated to contribute to the growing market size during 2018 – 2026.

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Collaboration and Mergers to Trigger the Growth of the Dental X-ray Systems MarketThe report on the dental X-ray systems market includes a comprehensive analysis of the companies devising innovative solutions in the market. The leading players incorporated in the report are FONA, J. MORITA CORP., Danaher Corporation, PLANMECA OY, Prexion Corporation, Carestream Dental, LLC, Owandy Radiology, Vatech Co. Ltd., The Yoshida Dental Mfg. Co. Ltd., Dentsply Sirona, LED Medical Diagnostics Inc., Cefla S.C., and Air Techniques, Inc., among others.

Key SegmentBased on the product type

  • Cephalometric Projections Systems
  • Portable Intraoral X-ray Systems
  • Panoramic X-ray Systems
  • Intraoral X-ray Systems Mounted on the Floor

Based on the geographies

  • North America
  • Europe
  • Latin America
  • Middle East & Africa (MEA)
  • China

Electric & Hydraulic Wellhead Drives for Onshore Application Market 2018 Outlook, Current and Future Industry Landscape Analysis 2028

Future Market Insights’ newly published market report examines the Electric & Hydraulic Wellhead Drives for Onshore Application Market and offers crucial market insights for the next 10 years. According to the report, the Electric Wellhead segment by product type is expected to dominate the market accounting for over 90 % share in the overall market value by 2028 end, registering a CAGR of 9.8 % during the forecast period (2018 – 2028). The estimated value of the global Electric & Hydraulic Wellhead Drives for Onshore Application Market in 2017 is US$ 111.7 Mn and is expected to expand at a CAGR of 8.4% to reach US$ 251.3 Mn by the end of 2028.

Global Electric & Hydraulic Wellhead Drives for Onshore Application Market: Factors Impacting Revenue Growth     

It is estimated that the count of onshore wells will increase to cope up with the increasing demand for oil & gas from various end use sectors, which in turn is expected to have a positive impact on the growth of the Electric & Hydraulic Wellhead Drives market as these wellheads are largely used for onshore oil production. Though the increase in well count is estimated to grow slowly and steadily — rising from 59,000 in 2015 to over 69,000 by 2021 end — the sales of Electric & Hydraulic Wellhead Drives is expected to increase at a significant rate due to the growing application of PCP systems to pump out water and oil. In shallow wells, relatively more number of PCP systems are used in comparison to deep wells.

The demand for wellhead drives is growing rapidly in North America, especially in Canada, which can be attributed to the large number of wells using Progressing Cavity Pumps (PCP) and thereby leading to growing demand for Wellhead Drives, as on an average one PCP System uses one Wellhead Drive. It is estimated that Canada has an installed base of over 42,000 Progressing Cavity Pumps, which is nearly 62.7% of the global installed base of PCPs. This makes Canada one of the prominent users of PCPs and Wellhead Drives.

Replacement rate of Electric & Hydraulic Wellhead Drives is usually between 7-10 years, which means that end use companies replace Electric & Hydraulic Wellhead Drives after every 7-10 years. This restricts the new unit sales of Electric & Hydraulic Wellhead Drives.

Global Electric & Hydraulic Wellhead Drives for Onshore Application Market Forecast

On the basis of Product Type segment, the Electric Wellhead drive segment is anticipated to play a crucial role in building global market revenue. This segment is expected to register a CAGR of 9.8% during the forecast period. On the basis of region, Latin America is projected to dominate the global Electric & Hydraulic Wellhead Drives for Onshore Application Market throughout the forecast period in terms of revenue growth. The regional market in Latin America is expected to expand at a CAGR of 9.5% during the forecast period. The market in North America is anticipated to register a CAGR of 6.2% during forecast period. Both Latin America and North America are expected to register relatively faster growth during the forecast period.

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Global Electric & Hydraulic Wellhead Drives for Onshore Application Market: Competitive Landscape

Some of the players reported in this study on the global Electric & Hydraulic Wellhead Drives for Onshore Application Market include Schlumberger Limited,NETZSCH,GE Electric,Weatherford International,National Oilwell Varco, Inc. among others. Industry players, over the recent past, have been channelizing efforts towards acquiring other regional/country players.

Market SegmentationProduct Types

  • Electric
  • Hydraulic

Regions

  • North America
  • Asia Pacific (APAC)
  • Europe
  • Latin America
  • Middle East and Africa (MEA)

Electrical Enclosure Market 2018 Outlook, Current and Future Industry Landscape Analysis 2028

Future Market Insights delivers key insights on the global electrical enclosure market a new publication. The long-term outlook on the global electrical enclosure market remains positive with the market value expected to increase at a CAGR of 4.9% during the forecast period (2018-2028). Among the end use segments in the electrical enclosure market, the industrial segment is expected to expand at a significant CAGR in terms of value as well as volume over the forecast period. Global sales revenue of electrical enclosures is estimated to be valued at US$ 6,429.8 Mn by the end of 2018. China is estimated to account for a value share of 37.1% in the global electrical enclosure market by 2018 end and is anticipated to retain its dominance throughout the forecast period. In this report, Future Market Insights throws light on the various drivers and restraints likely to impact revenue growth of the market during this period.

Rapid Growth of Renewable Power Generation Key Growth Driver

Most of the end users are now shifting their focus to alternative forms of power or energy rather than depending on energy generation by fossil fuel operated power generators. These alternative forms of energies – for instance, wind power, solar power and other forms of renewable energy are gaining popularity among all types of end users. Additionally, carbon emission and dependency on fossil resources is increasing day-by-day. Thus, in order to control this dependency, usage of renewable energy sources such as wind and solar energy is likely to be the new trend in the energy and power industry. Establishment of these power generation facilities will increase the demand for electrical enclosures in the upcoming years. Many countries such as the U.K. and Germany among others, are planning to adopt renewable energy sources, which is expected to further increase the demand for electrical enclosures for transmission and distribution.

Capacity Addition Plans and Installation of New Grids to Power the Electrical Enclosure Market

The governments of various countries have planned to make huge investments on numerous projects to provide better electricity services. For instance, the government of Russia has devised plans such as the GOELRO plan, Russian SFSR Electrification Plan, and Railway Electrification Plan among others, for establishing new power grids to provide electricity in the rural areas of the country. These plans are being supported by the State Commission for Electrification of Russia. Also, the government is focussing on installing new transmission lines in order to create a national grid and also to develop railway electrification, which will in turn boost the demand for electrical enclosures. These planned investments across various sectors such as infrastructure, power, and railways among others, will drive significant growth in the electrical enclosure market.

Need for Integration of Grid Infrastructure

Increasing transmission and distribution activities across the globe have increased the demand for installations of enclosures, which in turn, is driving the market of electrical enclosures. Transmission and distribution expansion, along with urbanisation, is necessary for the development of industrial and manufacturing sectors. Some countries, such as GCC countries and Turkey have the potential to become the hub for many manufacturing industries, which will increase the demand for electrical enclosures owing to rapid industrialisation. By material type, metallic enclosures will witness supreme demand as they have a longer life and reduce the risk of fire hazards. Climate control enclosures can work in extreme climatic conditions and are ideal for use in several regions, thereby driving demand in the global market.

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Segmentation Analysis

The electrical enclosure market is segmented on the basis of product type into junction enclosure, disconnect enclosure, operator interface enclosure, environment and climate control enclosure and push button enclosure.

On the basis of product type, the junction enclosure segment is anticipated to continue to dominate the global market in terms of value over the forecast period. The junction enclosure segment is estimated to grow at a relatively high CAGR as compared to other types over the forecast period. It is expected to represent a total incremental opportunity of US$ 1,691.2 Mn between 2018 and 2028.

Regional Market Projections

The electrical enclosure market in China is expected to represent significantly high incremental opportunity between 2018 and 2028, while the North America electrical enclosure market is projected to expand at a significant CAGR in terms of volume over the forecast period. Sales of electrical enclosures in North America is expected to represent a total incremental opportunity of US$ 523.3 Mn between 2018 and 2028.

Aerial Work Platform (AWP) Market 2021 Outlook, Current and Future Industry Landscape Analysis 2031

Increasing the number of urban and rural infrastructure projects to meet the needs of the increasing population around the world is generating endless growth avenues for the aerial work platforms market. According to Future Market Insights (FMI), the aerial work platform market is expected to surpass US$ 7.09 Bn by 2021. The demand for aerial work platforms is increasingly growing in the general infrastructure and manufacturing sectors. It has become popular between small & giant construction firms and maintenance agents.

In addition, massive government spending on infrastructure projects such as highways, rail, water conservation, and power generation is likely to create lucrative business opportunities over the next few years. However, low availability of qualified machine operators and massive costs incurred during the procurement of equipment are some of the factors that might impede the growth.

Moreover, the rapid development for equipment from myriad industries has pushed manufacturers to sell technically fitted instruments such as electrification and hybridization technology, thus further widening the potential of development over the near future for the market for aerial work platforms. Scissor lifts are likely to remain highly preferred, accounting for over half of aerial work platform sold through 2031.

Key Takeaways of Aerial Work Platforms Market Study

  • Between 2021 and 2031, the aerial work platform market will expand at a CAGR of 12.0%
  • The U.S. will emerge as a highly lucrative pocket, accounting for over 90% of North America market in 2021, in terms of value
  • The U.K. will exhibit steady growth post slowdown in 2020. FMI projects it to record above 1.5% Y-o-Y growth in 2021
  • Rising construction spending will continue supporting demand from Germany and France
  • Investment in infrastructural development will boost growth in Japan, South Korea, and China

“While investment towards technological improvements remains a key focus, key market players are expected to mostly rely on rental businesses to expand their footprint. Besides this, some of the companies are incorporating sensors in aerial work platforms to help them detect potential obstruction averting risk of accidents on site,” said a lead analyst at FMI

Who is Winning?Some of the leading companies operating in the aerial work platforms market are Terex Corporation,   J C BAMFORD EXCAVATORS Ltd., Aichi Corporation, Haulotte Group, Linamar Corporation, Hunan Sinoboom Heavy Industry Co. Ltd., Manitou Group, Tadano Limited, Zhejiang Dingli Machinery Co., Ltd., OSHKOSH CORPORATION, MEC AERIAL WORK PLATFORMS, PALFINGER AG, IMER INTERNATIONAL SpA,    MANTALL HEAVY INDUSTRY CO., LTD, NOBLELIFT INTELLIGENT EQUIPMENTCO.,LTD. These companies have been focusing on product launches besides strategic collaborations to gain competitive advantage.

For instance, in October 2019, Manitou unveiled five new boom lifts for the market in North America. These were diesel powered boom lifts and the models were ATJ 60, TJ 8, TJ 65+, TJ 80+, and TJ 65. With this the company expanded its MEWP line.

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Aerial Work Platforms Market by CategoryProduct Type

  • Boom Lifts
  • Scissor Lifts
  • Truck/Crawler Mounted Lifts
  • Push Around Aerial Work Platforms
  • Spider Lifts
  • Others

Platform Working Height

  • Below 10 Meters
  • 10 to 20 Meters
  • 20 to 30 Meters
  • Above 30 Meters

Fuel

  • Gas/ Diesel
  • Electric
  • Hybrid

End User

  • Industry
  • Construction
  • Mining
  • Transportation and Logistics
  • Manufacturing
  • Aerospace and Defence
  • Others (Utility, Government etc.)
  • Rental Providers

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East and Africa