Elastic Laminating Market-Future Scenarios, Key Insights, Top Companies 2028

Elastic laminates will exceed US $ 5 billion in 2019, an increase of 5.1% compared to 2018. A new FMI survey of elastic laminates around the world predicts strong adoption of elastic laminates by manufacturers of personal hygiene products, which currently hold an almost 85% share. .. Baby diapers are the most popular for applying elastic laminates, but the share of women’s hygiene products is also growing rapidly. In addition, the increasing incorporation of elastic laminates into medical products such as medical tapes is expanding its revenue-increasing share of the global elastic laminate market, the report said.

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Non-woven webs and breathable films are now recognized as potential solutions for effectively addressing humidity-related problems associated with elastic laminates, primarily used in incontinence and sanitary products. The Merries Disposable Diaper, the first to introduce baby diapers with nearly 40% better breathability, continues to focus on innovation in breathable materials.

In a fairly fragmented situation in the global elastic laminating market, only 20–25% of total revenue comes from five companies, including Berry Global Group, Inc., Tredegar Corporation, Kraton Corporation, Schweitzer-Mauduit International, Inc. and Exxon. It belongs to a major company. Mobile Co., Ltd.

While top companies continue to strategically focus on M & A and new product launches, capacity expansion remains the most important move, the report said. Berry Global Group, Inc. Recently announced an increase in production capacity in North America, supported by a large investment in Spinlace technology used to manufacture elastic laminates.Major segments covered in the elastic laminate market

By material typeEthylene-based elastomer Propene-based elastomer Styrene block copolymer Others (PET base)

StructureElastic strand base Elastic film base Elastic net base Elastic non-woven base

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By applicationhealth Feminine care Diapers adult baby medicine Other applications

Schweitzer-Mauduit International, Inc. Increased processing capacity for polypropylene-based non-woven and net products. Aplix SA, Golden Phoenix Fiberwebs, Inc., Pantex International SpA, Neos Italia Srl and Mondi Group plc will occupy a larger collective share of the market value of elastic laminates. Regional expansion and new launches will drive the strategic growth of these players competing in the elastic laminate market.

The report forecasts a healthy CAGR of 5.6% for the global elastic laminate market value from 2018 to 2028.

Driven by availability and economical price, propylene will continue to be the preferred material choice among manufacturers of elastic laminates. However, the production of elastic laminates using elastomers based on ethylene, polyethylene terephthalate and styrene block copolymers has recently emerged as a popular trend.

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Technological advances aimed at developing low-cost, high-performance hygiene products have been cited as a key demand-determining factor driving the performance of the elastic laminating market. Manufacturers of hygiene and incontinence products are focusing on the introduction of products based on sustainable material-based elastic laminates. According to the report, the rapid shift to recyclable and bio-based materials drives strategic development for many companies investing aggressive R & D efforts to promote biodegradable elastic laminates in the market. doing.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in more than 150 countries. FMI is headquartered in Dubai, the world’s financial capital, with distribution centers in the United States and India. The latest of FMI market research reports and industry analysis is , companies overcome the challenges in the fierce competition, will help to make clear the important decisions with confidence. Customized and syndicated market research reports provide actionable insights to drive sustainable growth. A team of FMI expert-led analysts keeps track of new trends and events in a wide range of industries, ensuring clients meet the evolving needs of consumers.

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The Intermediate Bulk Container (IBC) market is expected to grow at a high rate by 2031.

Sales of container containers have increased significantly across industries such as FMCG, chemicals, paints and petroleum. Future Market Insights (FMI) forecasts intermediate bulk container (BIC) sales to grow at a CAGR of 6.8% by 2031.

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There are many products that are not traded in different regions due to the lack of effective packaging types for transporting them. Intermediate bulk containers (RIBC and FIBC) are cost-effective packaging solutions that ensure that products are shipped to importers in their original form.

Greif Inc., SCHUTZ GmbH & Co. KGaA and Mauser Packaging Solutions are top players operating in the intermediate bulk container market. In addition, Berry Global Inc., International Paper Company, DS Smith Plc, Mondi Group also, attention in the intermediate bulk container market to collect you. The three-tier player in the market holds 55–65% in the global intermediate bulk container market. To summarize all the major players, it contributes almost 35–45% of the global market.Key segment

By product:RIBC metal Paperboard plastic composite FIBC Flexitanks bag

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By material:Metal and paperboard plastic on PP PVC Key points from the intermediate bulk container market By product, the flexible IBC segment is ahead, leading the global intermediate bulk container market. Due to its biodegradability, the target segment is expected to hold a market share of over 94% by the end of the forecast period. Plastic is the most preferred material among end users due to its long shelf life and safety. The plastics segment is expected to grow 1.9 times its current market value over the next decade. IBC is primarily used to store and transport solid and semi-solid content. Therefore, it is estimated that this segment will lead the market with a share of about 92% due to the nature of the transportation materials. Capacity diversifies flexible and rigid IBC on different scales. RIBCs with capacities of 1,001 to 1,5000 Ltr are estimated to grow 2.5 times their current values in the near future. However, this segment will be dominated by FIBC, which is projected to hold major chunks of nearly 92% of the market by 2031. FMI predicts that RIBC consumption will consistently increase in the chemical industry due to the storage of dangerous solutions. This segment is estimated to create a US $ 1 billion incremental opportunity from 2021 to 2031. In Europe, it is expected to remain a lead and hold more than one-third of its share in the global market.

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Exploring undeveloped areas for product exports will create a wealth of opportunities for the growth of the IBC market. For example, according to the Institute of Organic Agriculture, Europe has the highest consumption capacity for organic foods.

Shipping these organic products from different regions requires the use of bulk bags , further arming the markets in this region. FIBC is considered the best choice for food exports.High demand for advanced containers for bulk liquid transport increases sales

Most European countries are steadily recovering from the recent recession caused by the pandemic, and trade activity may increase over the forecast period. This, coupled with the healthy growth of IBC trade volumes in East and South Asia, is expected to play an important role in stabilizing world trade.

With notable links in the supply and demand chain of industrial packaging, it is clear that manufacturing has stabilized production and demand for industrial packaging has increased.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in more than 150 countries. FMI is headquartered in Dubai, the world’s financial capital, with distribution centers in the United States and India. The latest of FMI market research reports and industry analysis is , companies overcome the challenges in the fierce competition, will help to make clear the important decisions with confidence. Customized and syndicated market research reports provide actionable insights to drive sustainable growth. A team of FMI expert-led analysts keeps track of new trends and events in a wide range of industries, ensuring clients meet the evolving needs of consumers.

contact

Mr. Debashish Roy
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Jumeirah Lake Towers, Dubai,
United Arab Emirates
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The decorative paper market is set to experience revolutionary growth by 2027

According to the Future Market Insights (FMI) is a recent analysis survey announced, $ 3.7 billion of decorative paper market is likely to witness a rise of 5.5% in 2019 you . Paperboard continues to record the highest sales, accounting for almost half of the world’s revenues. Absorbent kraft paper also holds a significant share of the market value, but the report predicts a modest growth rate in demand for absorbent kraft paper over the next few years.

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Europe’s lead in the decorative paper market is strongly supported by thriving application scenarios for decoration, flooring, and panels. FMI expects European consumers to account for more than 30% of total market value. However, it also shows healthy demand growth in developing countries within Asia, Africa, and the Middle East.

Despite having a mere 4% share of the paper and paperboard production environment, the decorative paper market has recently observed strong demand growth. FMI believes this growth is due to the overall promising trade scenario and the growing consumer preference for aesthetically pleasing furniture and decorations. Advances in the production scenario for decorative plywood and veneer sheets have helped the woodworking sector grow, thereby favoring the sale of decorative paper. As the range of the laminated flooring sector has been visibly improved in both developed and developing countries, it is likely that a variety of decorative papers will become widespread in the coming years.Key segment

Based on basis weightLess than 65gsm 65–80 gsm 81–100 gsm Above 100gsm

Based on product typeAbsorbent kraft paper Print the base paper Other decorative paper

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Based on the applicationLow pressure laminate High pressure laminate Edge banding paper

Based on end useFurniture & cabinets Flooring Paneling Store equipment

Leading manufacturers of decorative paper are currently planning to upgrade their aesthetics to meet the evolving specification demands of their customers. However, the report states that the main focus is on strategic acquisitions and collaboration.

Schoeller Technocell GmbH & Co, one of the market leaders. KG recently announced the acquisition of Alameda Co., California. The former is also working with operators in China’s major pulp and paper industry to focus on expanding decorative paper to the entire Chinese market. Schoeller Technocell recently partnered with Welbon Group, a well-known Chinese pulp and paper manufacturer.

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Finland-based Ahlstrom-Munksjö Oyj has a strategic focus on M & A, the latest being the acquisition of Brazilian specialty paper maker MD Papeis’s Caieiras specialty paper mill. As part of its North American-wide expansion strategy, the former recently acquired another specialty paper maker, Expera Specialty Solutions.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in more than 150 countries. FMI is headquartered in Dubai, the world’s financial capital, with distribution centers in the United States and India. The latest of FMI market research reports and industry analysis is , companies overcome the challenges in the fierce competition, will help to make clear the important decisions with confidence. Customized and syndicated market research reports provide actionable insights to drive sustainable growth. A team of FMI expert-led analysts keeps track of new trends and events in a wide range of industries, ensuring clients meet the evolving needs of consumers.

contact

Mr. Debashish Roy
Unit Number: AU-01-H Gold Tower (AU), Plot Number: JLT-PH1-I3A,
Jumeirah Lake Towers, Dubai,
United Arab Emirates
Market Access DMCC Initiative
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North America Medical Carts Market will expand at 11.2% CAGR through 2027

The need for streamlining workflow has necessitated the integration of information technology (IT) solutions in healthcare settings. Medical carts manufactured by companies are presently serving the essential purpose of aiding nursing operations in medical facilities. The robust healthcare infrastructure in the US will demand the adoption of advanced medical carts that not only dispense medical instruments & supplies, but also have integrated IT systems. In the years to come, the demand for medical carts in North America will witness steadfast inclination towards IT-integrated medical carts.

According to Future Market Insights –

North America’s medical carts market is expected to reach US$ 600 Mn value by 2017-end, and will expand at 11.2% CAGR through 2027 to bring in US$ 1,720.8 Mn in revenues.”

Rising focus on point-of-care diagnosis & treatment has led to an increase in the use of mobile computer medical carts. Computer medical carts are used to record and update a patient’s electronic health records (EHR). Increased adoption of Electronic Health Records (EHR) is also observed to be an instrumental factor for growth of North America’s medical carts market. The report, titled “Medical Carts Market – North America Industry Analysis and Opportunity Assessment, 2017-2027,” also projects that manufacturers of medical carts are extending the product line by introducing medical carts with added features. Omnicell, Inc., Herman Miller, Inc., The Harloff Company, Capsa Solutions LLC, Medline Industries, Inc., Armstrong Medical Industries, Inc., AFC Industries, Waterloo Healthcare, TouchPoint Medical, and Ergotron, Inc. are recognised as leading manufacturers of medical carts in North America.

Constructive Prospects for Future of North America’s Medical Carts Market

A lucrative opportunity for such prominent medical device manufacturers towards consolidating their presence in the medical carts market in North America is changing their product line in accordance with shift in technology. Mechanical medical carts are being gradually replaced by new and enhanced technologies such as powered medical devices with battery systems, locking drawers (with negative tilt to facilitate efficient stocking of medication), and automated medicine dispensing systems.

In addition to this, increased focus on acquisitions and collaboration among companies have helped them expand their clinical carts product portfolio and cater to the demand for efficient healthcare systems. This has boosted the need for more effective and advanced medical equipment, devices and procedures. Emerging players must keep in mind that acquisitions over the years have resulted in strengthening the positions of current market leaders.

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Key Highlights of the Report follow,

  • In 2017 and beyond, computer medical carts will remain in great demand, procuring close to 40% of the market’s overall revenues towards the end of 2027
  • North America’s medical carts market is poised to witness dominance of metal as base material, revenues from which will reflect a CAGR of 12.1%
  • Non-powered medical carts will also be top-sellers in the market, while revenues from sales of powered medical carts are anticipated to showcase 12.6% CAGR
  • Hospitals will be the largest end-users of medical carts in North America

The North America medical carts market is divided into the following segmentsBy End User

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centres
  • Diagnostic Centres
  • Others

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • MEA

By Material Type

  • Metal
  • Plastic
  • Wood

By Energy Source

  • Powered
  • Non-Powered (Mechanical)

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By Product Type

  • Emergency Carts
  • Procedure/Treatment Carts
  • Anaesthesia Carts
  • Medical Computer Carts
  • Others

3D Printed Medical Devices Market is set to experience a significant growth rate of 16.1% CAGR from 2022 to 2028

[212 Pages Report] Currently heading towards a market value of over US$ 440 Mn, the global market for 3D printed medical devices is projected for stupendous growth at 16% CAGR during 2022- 2029. North America will remain the leading market for 3D printed medical device sales, whereas the market attractiveness of Asia Pacific has been rising notably.

The market growth is primarily assisted by advancements in 3D printing technology, surging government spending in healthcare sector, increasing usage of 3D printed medical devices for medical procedures, and relative simplification of the manufacturing process of 3D printed medical devices. Introduction of Computer-aided Design (CAD) for 3D printing can create trail ready devices, thereby reducing manufacturing time, time to market as well as operational cost.

Key Takeaways – 3D Printed Medical Devices Market Study

  • Although metals and alloys are most preferably used for 3D printed medical devices, biomaterial inks are expected to gain traction during the forecast period owing to their highly biocompatible and versatile physical properties.
  • PolyJet – InkJet 3D printing technology currently holds maximum share of 3D printed medical devices market. However, consistent development and adoption of innovative technologies may reduce the 3D printed medical devices market share of this technology during the forecast period.
  • Use of 3D printing technology in orthopedic implants is shaping the future of 3D printed medical devices market. It currently accounts for nearly half of the market value.
  • The consistently expanding patient pool and growing preference for personalized implants in joint replacement surgeries will remain key boosters to growth of 3D printed medical devices demand in orthopedics.

Asia Pacific has become the global hub of opportunities, and the leaders in 3D printed medical devices landscape have been eying the opportunity here – owing to the massive application scope, remarkably growing patient population, and relatively less manufacturing costs.

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Who Is Winning?

Until late 2016, the key focus of most leading players in the 3D printed medical devices market was geographic expansion through acquisition and merger. In May 2016, Johnson & Johnson announced collaboration with a subsidiary of HP Inc. for manufacturing personalized healthcare solutions at reduced costs through 3D printing techniques. J&J collaborated with Organovo to carry out feasibility study on bio printed human tissue for testing new medications to work with Carbon 3D, famous for ultra-fast Continuous Liquid Interface Production (CLIP) technology for production of custom surgical devices.

The focuse is now gradually shifting towards expansion through strategic partnerships to improve their distribution network. For instance, in 2017, Envision partnered with ScanSource, Inc. to deliver 3D printing solutions to resellers in the Americas. Similarly, in 2018, 3D Systems and Stryker announced distribution partnership for VSP (Virtual Surgical Planning) and anatomical models for carniomaxillofacial specialty.

Learn More About Report Inclusions

Future market insights offers a unique perspective and actionable insights on 3D printed medical devices market in its latest study, presenting historical demand assessment from 2014 – 2021 and projections from 2022 – 2029 based on application (orthopedic implants, dental implants, carnio-maxillofacial Implant), material type (metals and alloys, biomaterial inks and plastics) technology (stereolithography (SLA) – liquid-based 3D printing, selective layer sintering (SLS) – powder-based 3d printing, digital light processing(DLP), fused deposition modelling (FDM)-plastic filament extrusion-based, polyjet – inkjet 3D printing, electronic beam melting (EBM) ) end user (hospitals, ambulatory surgical centers, diagnostic centers) in seven key regions.

Key Market Segments Covered in 3D Printed Medical Devices Industry ResearchBy Application : 

  • Orthopaedic Implants
  • Dental Implants
  • Cranio-maxillofacial Implants
  • Internal and External Prostheses

By Technology :

  • Stereolithography (SLA) – Liquid Based 3D Printing
  • Selective Layer Sintering (SLS) – Powder Based 3D Printing
  • Digital Light Processing(DLP)
  • Fused Deposition Modeling (FDM): Plastic Filament Extrusion Based
  • PolyJet / InkJet 3D Printing
  • Electronic Beam Melting (EBM)

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By Distribution Channel :

  • Hospitals
  • Ambulatory Surgical Centers
  • Diagnostic Centers

By Material :

  • Plastics
    • Thermoplastics
    • Photopolymers
  • Biomaterial Inks
    • Polymers
    • Ceramics
    • Hydrogels
  • Metals and Alloys

By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

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Pressure Infusion Bags Market is expected to increase at a CAGR of ~6.5% during the forecast period of 2022-2029

[317 Pages Report] A new market research report by Future Market Insights on the pressure infusion bags market includes global industry analysis 2014 – 2021 and opportunity assessment 2022 – 2029. The report investigates the pressure infusion bags market and provides critical insights for the forecast period of 2022 -2029.

As per the findings of the report, the global pressure infusion bags market is projected to experience significant growth over the forecast period due to multiple driving factors such as increasing emergency and transfusion cases and development of healthcare infrastructure across geographies.

The global pressure infusion bags market was valued at ~US$ 300 Mn in 2021, and is expected to increase at a CAGR of ~6.5% during the forecast period of 2022-2029. This growth is majorly driven by the increasing use of pressure infusion bags for rapid infusion of blood and drugs, in order to protect the end organ damage during traumatic conditions.

South Asia Continues to Hold Lucrative Opportunities

Regions such as North America and East Asia are expected to hold prominent market shares in terms of value. However, the South Asia market is expected to project lucrative growth in the global pressure infusion bags market over the forecast period of 2022-2029.

This growth is propelled by the rapid growth and development of healthcare infrastructure, especially trauma care units, intensive care units and ambulatory surgical centers in countries of South Asia that include India and ASEAN countries. The economic condition of these countries have been developing positively, thereby creating newer growth opportunities for the market players.

Macroeconomic factors such as growing population, increasing immunosuppressed patient population, and increase in the number of players along with strong distribution network and rapid development in the healthcare infrastructure have attracted the attention of manufactures to establish a firm collaboration with local distributors in South Asia.

The overall progress of the healthcare sector and infrastructure in MEA and Asia-Pacific are likely to unfold lucrative opportunities for market players operating in the pressure infusion bags market. In addition, manufacturers are expected to primarily focus on developing cost-effective and user-friendly bags in the coming years. 

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Hospitals and Outpatient Facilities Remain Key End Users for Pressure Infusion Bags

The global market of pressure infusion bags has been segmented on the basis of different types of pressure infusion bags products, their multiple applications, their volume capacity, their material, their targeted indications and regions such as North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East and Africa.

  • By type, the disposable type of pressure infusion bags segment is expected to hold prominent value shares of the global pressure infusion bags market. This has majorly resulted to avoid and minimizing chances of cross contamination during fluid infusion and ensures the patient safety
  • On the basis of application, the blood and drug infusion segment is expected to consume majority share of the global pressure infusion bags market value. Invasive Pressure monitoring procedures is the second application which account the remaining market share.

Pressure Infusion Bags Market: Vendor Insights

The report highlights some of the prominent market players, who have established themselves as leaders in the global pressure infusion bags market. Some of the examples of key players in the global pressure infusion bags market are VBM Medizintechnik GmbH, ERKA, Smiths Medical (Smiths Group plc.), Friedrich Bosch GmbH & Co. KG, Biegler GmbH, SARSTEDT AG & Co. KG. Vyaire Medical Inc., Spengler SAS, Armstrong Medical, SunMed and Statcorp Medical

Pressure Infusion Bags Market by Category

By Product:

  • Reusable Pressure Infusion Bags
  • Disposable Pressure Infusion Bags

By Material:

  • Nylon
  • Polyurethane
  • Latex
  • Others

By Capacity:

  • 500cc
  • 1000cc
  • 3000cc
  • Above 3000cc

 By Application:

  • Blood & Drug Infusion
  • Invasive Pressure Monitoring Procedure

By Indications:

  • Trauma-Induced Haemorrhage
  • Obstetric Haemorrhage
  • Coagulopathy during cardiopulmonary bypass

By End User:

  • Hospitals
  • Out-patient facilities
  • Clinics
  • Long-term care centers

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By Region:

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

Vacuum Mixing Devices Market value of around US$ 157.9 Million as of 2022

[199 Pages Report] Driven by the demand for efficient medical laboratory equipment and the changing face of healthcare models, the global market for vacuum mixing devices – valued at ~ US$ 154.0 Mn in 2021 – is estimated to grow by ~ 2% YOY in 2022. These insights are according to a new research report by Future Market Insights (FMI), which underlines the key headwinds and tailwinds determining the future potential of vacuum mixing devices market.

The FMI analyst is of the opinion that market gains will further be upheld by the clinical benefits associated with use of vacuum mixing devices. FMI expects the vacuum mixing devices to see unwavering growth in the next 10 years, as the global healthcare space actively embraces ‘efficiency-enabling’ medical mixing equipment.

Medical mixing processes have remained challenging for a long period of time, primarily undermined by the lack of competent technologies. With gradual evolution of vacuum mixing devices, a wide range of mixing applications are handled seamlessly in shorter timespan without compromising on the results. 

According to the FMI report, the vacuum mixing devices market reflects a fair degree of fragmentation, wherein a large pool of regional manufacturers is competing neck to neck. Stryker Corporation and Zimmer Biomet remain two of the market goliaths, with strong product portfolios and extended regional presence.

A majority of the revenues of these two companies are generated from the US and Germany, and their focus on strategic collaborations will continue to yield significant profit benefits and ensure sustained growth. For instance, in 2021, Zimmer Biomet Holdings, Inc. – a global leader in musculoskeletal healthcare – collaborated with Apple to transform the patients’ journey for two most common type of surgeries undergone by the Americans every year – knee and hip replacement. This collaboration was aimed at popularizing the Zimmer Biomet ‘mymobility™’ app, an app that makes use of Apple Watch to facilitate constructive connections between patients and their respective surgical teams.

The FMI analyst finds that though the factors conditioning success differ for market players of varying statures, but in all the cases, the market partakers will have to be adept at effective tracking of the evolving market trends and make necessary adaptations.

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Portability: The New Normal Grappling End User AppealIn 2021, the devices with vertical orientation is estimated to surpass other variants and account for over ½ of the global vacuum mixing devices-derived value. Though end users will continue to invest in vertical vacuum mixing devices, the demand for rotational vacuum mixing devices will also see a considerable uptick through 2022, unveils FMI.

With ‘portable’ emerging as the new norm in the medical laboratory equipment space, manufacturers are jumping onto the ‘portability’ bandwagon by launching newer models of vacuum mixing devices that are easy-to-carry and compact in size. According to the FMI analysis, North America (29%) and Europe (26%) will continue to be the leading markets for vacuum mixing devices in 2022 and beyond, set in motion by robust healthcare infrastructure and massive investments in development of high-quality laboratory essentials.

Vacuum mixing devices worth ~ US$ 128 Mn were sold in hospitals in 2021, primarily driven by the growing number of inpatient and outpatient procedures. Manufacturers, to draw upon this increase in demand, are focusing on effective marketing of their products to hospitals by using ‘easy-to-use’ and ‘compatibility with varying viscosities’ as two of their key marketing touchpoints. However, various regulations put in place for manufacturing of vacuum mixing devices will continue to impede its penetration by increasing the ‘time-to-market’ factor.

This study sheds light on the untapped opportunities in the vacuum mixing devices market and finds the market would grow at a value CAGR of ~2.4% during the forecast period.

Key Market Segments Covered in Vacuum Mixing Devices Industry ResearchBy Product:

  • Vertical Vacuum-Mixing Devices
  • Rotational Vacuum-Mixing Devices
  • Vertical+Twisting Vacuum-Mixing Devices

By Modality:

  • Bench Top Devices
  • Portable Devices

By End User:

  • Ambulatory Surgical Centers
  • Hospitals
  • Specialty Clinics

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By Region:

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

Radiation Toxicity Treatment Market reach the value of US$ 5.5 Billion by the end of forecast period (2022 – 2029)

[194 Pages Report] The rise in installation of radiation therapy machines to treat a wide range of cancers further uplifts the probability of radiation toxicity in cancer patients. Future Market Insights (FMI), in its new study on the global radiation toxicity treatment market, foresees that the market will reach the value of US$ 5.5 Bn by the end of forecast period (2022 – 2029) and further experience a major upturn post 2029.

Installed base of internal radiation therapy machines has tremendously increased over the past decade. Improving reimbursement scenario and favorable government policy framework in the field of cancer care are adding to the accessibility of radiation therapy, thereby favoring the growth of radiation toxicity treatment market.

The study suggests that notable players in Asia Pacific will continue to invest heavily in the development of new radiation therapies, in line with the increasing cancer prevalence and improving rate of diagnosis in the region.

Rising incidence of radiation toxicity in healthcare and chemicals industries continues to push the demand for effective treatment. Another important factor complementing the market growth includes recent FDA approvals to multiple orphan drugs that are proven to effectively increase the survival rate in adult and paediatric patients who are suffering from radiation sickness. These application areas continue to create growth opportunities in the radiation toxicity treatment market.

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Key Takeaways – Radiation Toxicity Treatment Market Study

  • Increasing adoption of colony stimulating factors such as Neulasta from Amgen will account for more than 75% of revenue share in the radiation toxicity treatment market through 2029 end.
  • Attributed to high incidences of radiation toxicity due to emission of gamma radiation from positron emission tomography (PET) and single-photon emission computed tomography (SPECT) scanners installed at hospitals and diagnostic centers, non-ionizing radiation is also set to offer lucrative opportunity to market participants.
  • North America continues to lead its way in the radiation toxicity treatment market, while South Asia is foreseen to grow at a significant rate in the near future.

Who Is Winning?

Some of the key players operating in the radiation toxicity treatment market include Amgen Inc., Partner Therapeutics, Mylan N.V., and Novartis AG. Leading players of the radiation toxicity treatment market are focusing on acquiring smaller companies to enhance their product portfolio and improve regional market positioning.

For instance, Siegfried Group announced the acquisition of drug product manufacturing facility together with all related employees and contracts from Arena Pharmaceuticals GmbH in Zofingen, Switzerland. Also, in 2018, Partner Therapeutics (PTx) acquired global rights to develop, manufacture, and commercialize Leukine (sargramostim) from Sanofi.

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Radiation toxicity treatment market, a new study from future market insights, opines on the evolution of the radiation toxicity treatment market from 2014 – 2021 and presents demand projections from 2022 – 2029 on the basis of; product type (colony stimulating factors, potassium iodide, prussian blue, diethylenetriamine pentaacetic acid, and others), indication (acute radiation syndrome and chronic radiation syndrome), radiation type (ionizing radiation and non-ionizing radiation) and end user (hospitals and research & academic institutes) across seven prominent regions.

Radiation toxicity treatment Market by Category

By Product :

  • Colony Stimulating Factors
  • Potassium Iodide
  • Prussian Blue
  • Diethylenetriamine Pentaacetic Acid
  • Others

By Indication :

  •  Acute Radiation Syndrome
    • Bone Marrow Syndrome (Hematopoietic)
    • Gastrointestinal Syndrome (GI)
    • Cardiovascular (CV)
  • Chronic Radiation Syndrome

By Radiation Type :

  • Ionizing Radiation
    • Alpha Radiation
    • Beta Radiation
    • Gamma Radiation
  • Non-ionizing Radiation

By End-User :

  • Hospitals
    • Government Hospitals
    • Private Hospitals
  • Research & Academic Institutes
    • Government Research and Academic Institutes
    • Private Research and Academic Institutes

By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa (MEA)
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Renal Biomarker Market is projected to register a healthy CAGR of 7.0% over the forecast period

Future Market Insights delivers key insights on the global renal biomarker market in a new report titled “Renal Biomarker Market: Global Industry Analysis and Opportunity Assessment, 2016–2026.” In terms of revenue, the global renal biomarker market is projected to register a healthy CAGR of 7.0% over the forecast period. In this report, Future Market Insights throws light on the various factors and trends impacting market growth over the forecast period (2016 – 2026).

Segmentation highlights

The global renal biomarker market is segmented on the basis of Biomarker Type (Functional Biomarker, Up-Regulated Proteins, Others); Diagnostic Technique (Enzyme Linked Immunosorbent Assay, Particle-Enhanced Turbidimetric Immunoassay, Colorimetric Assay, Chemiluminescent Enzyme Immunoassay, Liquid Chromatography-Mass Spectrometry); and End User (Diagnostic Labs,Outpatient Clinics, Research Centres, Hospitals).

  • The Functional Biomarker type segment is anticipated to be valued at US$ 471.2 Mn by the end of 2016, registering a CAGR of 7.6% over the forecast period. The Up-Regulated Proteins type segment is estimated to create absolute $ opportunity of US$ 19.5 Mn in 2017 over 2016
  • The Enzyme Linked Immunosorbent Assay diagnostic technique segment is anticipated to witness high Y-o-Y rates of growth throughout the forecast period and is anticipated to reach a market valuation of US$ 390.9 Mn by the end of 2016. The Particle-Enhanced Turbidimetric Immunoassay diagnostic technique segment is estimated to register a CAGR of 7.0% over the forecast period
  • The Diagnostic Labs end user segment is anticipated to reach a market value share of US$ 308.4 Mn by the end of 2016. The Outpatient Clinics end user segment is estimated to hold a market value share of 30.1% by the end of 2016, making it the second highest end user growth segment of the global renal biomarker market

Regional analysis

The global renal biomarker market is segmented into the seven key regions of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan, and Middle East & Africa (MEA). The North America renal biomarker market is projected to witness high Yea-on-Year growth throughout the forecast period. The market in this region is anticipated to witness a CAGR of 7.6% over the forecast period. The presence of leading renal biomarker manufacturers and established distribution channels in North America is expected to create significant growth opportunities over the next 10 years. The Western Europe renal biomarker market is estimated to represent absolute $ opportunity of US$ 14.1 Mn in 2017 over 2016.

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Vendor insights

The global renal biomarker market report profiles a few of the top companies dominating the global market. Leading market players featured in the report include Thermo Fisher Scientific Inc., BIOPORTO A/S, Abbott Laboratories, Astute Medical, Inc., Randox Laboratories Ltd. and Beckman Coulter, Inc. (Danaher Corporation). The report discusses individual strategies adopted by these companies in terms of enhancing product designing, creating new manufacturing facilities, market consolidation, and advanced R&D initiatives.

Market segmentationBy Biomarker Type

  • Functional Biomarker
    • Serum Creatinine
    • Serum Cystatin C
    • Urine Albumin
  • Up-Regulated Proteins
    • Neutrophil gelatinase-associated lipocalin
    • Kidney injury molecule 1
    • Interleukin 18
  • Others

By Diagnostic Technique

  • Enzyme Linked Immunosorbent Assay
  • Particle-Enhanced Turbidimetric Immunoassay
  • Colorimetric Assay
  • Chemiluminescent Enzyme Immunoassay
  • Liquid Chromatography-Mass Spectrometry

By End User

  • Diagnostic Labs
  • Outpatient Clinics
  • Research Centres
  • Hospitals

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Radio Frequency Beauty Equipment Market is estimated to be valued at approximately US$ 225 Million by 2026 end

Growing scepticism over invasive cosmetic procedures is diverting consumers towards radio frequency beauty treatments that deliver quick results through non-surgical equipment.

Soaring demand for radio frequency beauty equipment is growing on account of higher acceptance of emerging technologies that act as effective alternatives to conventional methods. Global production of radio frequency beauty equipment is anticipated to skyrocket since their demand has been ascending rampantly in both developed and developing markets. In North America, top-grossing industries such as fashion, film and television continue to necessitate the use of complex beauty equipment and devices for enhancing the consumer’s semblance. According to a recent study conducted by Future Market Insights, the radio frequency beauty equipment revenues in North America will account for over 35% revenue share of the market throughout the forecast period.

Future Market Insights’ report titled “Radio Frequency Beauty Equipment Market: Global Industry Analysis & Opportunity Assessment, 2016-2026” estimates that the global market for radio frequency beauty equipment, currently valued at US$ 154.6 million, will expand at a robust CAGR of 15.3% and garner US$ 643.9 million in revenues over the forecast period of 2016-2026. The report predicts that the radio frequency beauty equipment market in the Asia Pacific excluding Japan (APEJ) region will expand at the highest CAGR of 20.4%, while Japan will gain revenues worth US$ 40 million by the end of 2026.

Competitive Landscape

Catering to the rising demand for non-invasive beauty treatments, several medical device manufacturers have instated production of radio frequency beauty equipment on a large scale. Rectifying equipment-related complications arising during treatment procedures and reducing the volatile costs of manufacturing remains a top priority for key players in the global radio frequency beauty equipment market.

Cynosure Inc. and Lumenis are among the leading players collectively accounting for three-fourth revenue share of the global market. Strategic acquisitions and product launch are some common business strategies for Syneron Medical Ltd., Alma Lasers, and Valeant Pharmaceutical International, Inc. Other prominent players participating in the growth of the global radio frequency beauty equipment market include Cymedics, IBRAMED, Guangzhou Beautylife Electronic Technology Co. Ltd., and Dermeo.

Surging Demand for Portable Radio Frequency Beauty Equipment

A market share analysis on different types of products – table top devices, trolley mounted devices and portable devices – has estimated that trolley mounted devices will attain the highest value share of the global market for radio frequency beauty equipment through 2026. Nevertheless, trolley mounted radio frequency equipment is anticipated to incur a considerable dip over the forecast period and account for 49% of the market by 2026 end, which will be nearly 6% lesser than the present value share of the segment. While the value share of table top devices in the global market won’t be severely affected throughout the projection tenure, the demand for portable devices, on the other hand, is expected to soar at an impressive pace. By the end of 2026, revenues procured from global sales of portable radio frequency beauty devices are projected to surpass over US$ 135 million, registering increment at fastest CAGR of 19.1%.

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Key Research Findings on Global Radio Frequency Beauty Equipment Market 

  • Scars attained from invasive cosmetic surgeries are compelling consumers towards non-invasive procedures performed with radio frequency beauty equipment
  • Skin treatment & body contouring – two prominent applications for radio frequency beauty equipment, will account for nearly 90% value share of the global market by 2026
  • Based on technologies, equipment incorporating a combination of IPL and RF technologies will garner more demand, while the dominant segment of bipolar RF technology will rake in nearly US$ 200 million in revenue by the end of the forecast period
  • Compared to home care settings, beauty care centres will go on to be the largest end-users of radio frequency beauty equipment in 2016 and beyond
  • Serious complications arising from extensive exposure to radio frequency beauty equipment is raising concerns among market participants and end-users.

Global radio frequency beauty equipment market segmentation

By Product Type

  • Table Top
  • Trolley Mounted
  • Portable

By Technology

  • Mono-Polar Frequency
  • Bio-Polar Radio Frequency
  • Multi-Polar Radio Frequency
  • Fractional Radio Frequency

By Application

  • Skin Treatment
    • Skin Reconstruction
    • Scar Removal
    • Non-Surgical Skin Tightening
    • Facial Repair
  • Body Contouring
    • Liposuction
    • Cellulite Reduction
    • Non-Surgical Fat Reduction
    • Collagen Stimulation and Generation
  • Hair Removal
  • Others

By End User

  • Beauty Care Centre
  • Home Care Settings

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By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • MEA