Mobile Gamma Cameras Market Will Account for Revenues Worth US$ 75.2 Million By 2028

Advancements in healthcare technology – particularly in the surgery category – have led to an increasing adoption of gamma cameras.

Further, the numerous developments in radio nucleotides are anticipated to favour the adoption of solid state cameras and mobile gamma cameras.

SPECT is currently the biggest application of gamma cameras given the low cost, large suite of radioisotopes, and expanded use cases.

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Having said this, PET is anticipated to witness fastest growth in terms of adoption, owing to the greater special resolution and sensitivity, brought about by the use of positron emitting radioisotope that provides more energy, contrast, and special resolution. These findings are presented in a new research study on the global mobile gamma cameras market by Future Market Insights (FMI).

According to FMI analysis, the high costs of PET as compared to SPECT are expected to be negated in the wake of development of high sensitivity and selective tracers. FMI predicts a growth rate of 4.8% for the mobile gamma cameras market during the 10 year period from 2018 to 2028. Revenue from the sales of mobile gamma cameras is estimated to reach US$ 75.2 Mn by 2028 end, up from US$ 47.2 Mn in 2018.

Shift Towards Dual Head Gamma Cameras and Premium Priced Hi-tech Products Trending the Mobile Gamma Cameras Market

Technology continues to remain a major enabler of revenue growth in the global mobile gamma cameras market. Being a high value-low volume market, technology plays a vital role in the mobile gamma cameras market, where the technologically advanced products are priced at a premium. The development of solid state sensors is slowly replacing the photomultiplier tube and this represents the biggest technological development in the mobile gamma cameras market followed by miniaturisation.

A notable trend being observed in the mobile gamma cameras market is the adoption shift towards dual head gamma cameras. Single head mobile gamma cameras have certain inherent disadvantages such as slow speed and lower density count leading to inability to perform different types of tests. This has resulted in an elevated demand for multiple head cameras. Dual head cameras increase total counts per stop, resulting in relatively lesser scan time and better image quality leading to enhanced accuracy in diagnosis.

Further, the latest mobile gamma cameras come with newer and better functionalities. Owing to advances in electronic components and software, modern mobile gamma cameras include advanced reconstruction algorithms and periodic updates that help boost scan speeds and image correction parameters. Advanced gamma camera software also facilitates more personalised patient scans by tracking patient activity and performing appropriate scans.

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Key Takeaways from the Research Study on Mobile Gamma Cameras

The report by Future Market Insights studies the growth trajectory of the global market for mobile gamma cameras and also presents detailed forecasts for the various segments of the market. Key insights from the report are highlighted below:

  • Ambulatory surgical centres will remain fastest growing end users of mobile gamma cameras, owing to a greater demand in point of care testing
  • North America represents the largest regional market for mobile gamma cameras while Asia Pacific is expected to be the fastest growing market
  • Single head mobile gamma cameras continue to remain dominant in terms of revenue owing to the small form factor and low cost; however, dual head mobile gamma cameras will witness rapid growth in demand on account of their high scanning speeds and better resolution
  • New product development and strong after sales service agreements with end users will remain key differentiating strategies of mobile gamma camera manufacturers

To know more about the various market push factors at play in the global mobile gamma cameras market, write in to Future Market Insights analysts at press@futuremarketinsights.com

About the Healthcare Division at Future Market Insights

Future Market Insights facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you in devising innovation-driven trajectories for your business. Know more about our sector coverage here

Global Aortic Stents Grafts Market Is Forecast To Total US$ 2.15 Bn In 2022

The revision in the market size and volume forecasts has been carried out taking into account the impact of various macroeconomic indicators and other industry-based demand-driving factors, as well as the recent developments of the key market participants. In terms of revenue, the global aortic stent grafts market is projected to expand at a 7.6% CAGR over the forecast period of 2018–2028.

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North America is expected to contribute a high revenue share in the global aortic stent grafts market over the forecast period. North America is witnessing a large demand for aortic stent grafts due to high adoption of endovascular repair surgeries, which is expected to boost the growth of the aortic stent grafts market.

The global market is segmented based on product type, end users and region. Based on the product type the market is segmented into abdominal aortic stent graft and thoracic aortic stent grafts. Abdominal aortic stent graft product type segment is expected to represent high revenue share in the global aortic stent grafts market. The thoracic aortic stent graft segment is expected to gain significant share in the forecast period due to increasing focus of the manufacturers on product launch for TEVAR procedures. Based on end users, the market is segmented into the hospitals and ambulatory surgical centers/outpatient surgical centers. Among both the end users, the hospitals is expected to be the leading segment the market.

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New product launches with improved stent graft designs are expected to provide enormous opportunities for the growth of the aortic stent grafts market and fulfil the demand from surgeons to overcome complications during surgeries. Increasing government initiatives to reduce the burden of abdominal aortic aneurysm, favourable recommendation and regulatory approvals, mergers, and acquisitions among manufacturers are the key market trends, which are expected to boost the growth of aortic stent grafts market.

Increasing prevalence of aortic aneurysm among the older population, favourable reimbursement policies, adoption of new minimally invasive technologies are the major factors expected to impel the growth of the aortic stents grafts market. Increasing number of government screening programs for people over 65 age has provided huge growth opportunities for the manufacturers operating in the aortic stent grafts market. However, product recalls and lack of skilled healthcare professionals are factors hindering the growth of the aortic stent grafts market.

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The market for aortic stent grafts market is consolidated with large number of major players operating in the global market. Examples of some of the key players identified in global aortic stent grafts market are Cook Medical, Inc., W.L. Gore & Associates, MicroPort Scientific Corporation Inc., Medtronic Plc., Lombard Medical, Inc., Endologix, INC., Terumo Corporation Inc., Cardinal Health Inc., Becton, Dickinson and Company, Cryolife Inc., and Lombard Medical Inc.

Western Blotting Processors Market is projected to reach a market value of just under US$ 329 Million towards the close of 2031

Automation is currently trending the western blotting processors market, as revealed in a comprehensive research study by Future Market Insights. From an estimated valuation of US$ 235.5 Mn in 2021, the western blotting processors market is projected to reach a market value of just under US$ 329 Mn towards the close of 2031, exhibiting a decadal CAGR of 11.5%, according to the research report by Future Market Insights. Conventional western blotting processors are relatively inconsistent in terms of the efficiency of detecting protein traces in samples.

While the technique of western blotting demands time and technical expertise, automation has magnified the process of throughput screening in western blotting, thereby facilitating increasing number of trials and accelerating the experimentation process.  Automated western blotting techniques enable the analysis of several samples at one go, with the only manual task being loading of the sample into the western blotting system.

Manufacturers are Accelerating Product Launches and Eyeing Offshoring as a Viable Growth Strategy

The market for western blotting processors is highly competitive with the top companies accounting for a larger part of global sales. Leading companies are acquiring smaller companies and expanding their production capacities to gain a larger share of the global market.

Companies in the western blotting processors market are leveraging the available market opportunities to launch their products in full gear in the global market. One of the market companies leveraged an unexploited demand for point-of-care HIV diagnostics as its key entry strategy in the western blotting processors market.

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Product registration followed by commercialisation is accelerating the product launch process and creating healthy competition in the global market for western blotting processors.

Manufacturers of western blotting processors are setting up production facilities in other countries so as to benefit from access to cheap labour and resource expertise, and realign their distribution and customer oriented strategies.

Another key player in the western blotting processors market recently made a strategic investment in the offshore development of its life sciences facility with a mandate to engage in the manufacturing and distribution of molecular biology products to a global clientele.

Increasing Cases of HIV Enabling Western Blotting Processors Market Growth

The number of HIV cases across the world is increasing by the day, causing a burden on the global healthcare industry. Monitoring and controlling the HIV epidemic depends on early detection of anti-HIV antibodies in human blood.

Western blot is a confirmed test that can detect anti-HIV antibodies in blood serum samples. This is one of the factors leading to an increase in the adoption of western blotting processors.

Proteomics is extensively used in the pharmaceuticals industry to identify specific proteins associated with particular diseases, with western blotting finding application in new drug discovery. In the field of medical diagnostics, proteomics is used in the diagnosis of biomarkers that are essentially proteins present in body fluids.

Western blotting helps in quick diagnosis of diseases by identifying proteins that are produced when the human body contracts a disease. Besides the healthcare and pharmaceuticals industry, western blotting also finds application in the agriculture sector to establish protein characterisation in seed quality testing; and in the food and beverages industry to detect whey milk protein in commercial grade soy milk to check for possible adulteration.

Western Blotting Processors Market Growth Challenged by High Costs, Low Innovation, and Unreliability of Automated Devices

Advanced automated western blotting devices such as the high performance western blotting transfer system are highly priced than their traditional counterparts, thereby restricting adoption across several developing economies.

High cost of labour is another challenge in certain regions that continue to carry out protein tests using cheap traditional western blotting processors, thereby leading to time-consuming and high labour cost-inducing processes.

Then again, the global western blotting processors market has not witnessed notable innovation, with very few advanced products launched in recent years.

Further, results obtained from the western blotting process are not fully reliable or consistent and the devices need to be updated regularly to produce more efficient and reliable results. The aforementioned factors are challenging revenue growth of the global western blotting processors market.

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

 

Hearing Implants Demand will grow by 7.31% CAGR through 2031, Supplemented by Surging Sales of Cochlear Implants

Future Market Insights (FMI) has projected the hearing implants market to register impressive growth at 7.3% CAGR during the forecast period. Hearing implant market valuation will surpass US$ 1218 Mn by 2021-end.

Surge in cases of hearing disability among the children and elderly population across the globe is a major factor fuelling growth. As per report, the market grew at a steady rate, registering 5.1% CAGR from 2016 to 2020.

Rapid technological advancements and introduction of cochlear implants will boost the market growth. Healthcare professionals often recommend cochlear implants in place of hearing aids for cases with severe loss of hearing.

Moreover, favorable reimbursement policies, especially across India, will create attractive opportunities for hearing implant sales. Besides this, Japan and China will emerge as lucrative markets for sales in Asia.

FMI also projects the demand in the U.S. to rise at an impressive pace. Presence of a large pool of patients with hearing disabilities, especially among geriatric population will create conducive environment for market growth.

Adoption of advanced technologies such as speech recognition and launch of innovative gadgets attached with the hearing implants also will strengthen growth opportunities. Driven by these factors, the market will reach a valuation of 2.53 Bn by the end of 2031.

Increasing cases of severe hearing loss among children and older people will boost the demand for hearing implants. Preference for cochlear hearing implant due to technological advancements and better hearing ability will create growth opportunities for market players,” says a Future Market Insights analyst.

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Key Takeaways from Hearing Implant Market Survey

  • In terms of product type, cochlear implants will remain the most preferred type throughout the forecast period
  • Based on end-use, while hospitals are expected to witness high growth, presence of local ENT clinics will exhibit faster growth in the segment
  • The U.S. is projected to be dominant market for hearing implant throughout the forecast period
  • China and Japan are expected to witness significant growth backed by increased research and development activities carried out by manufacturers to develop advanced hearing implants
  • Rising prevalence of hearing loss across India will spur the demand for hearing implants in the country

Key Drivers

  • Growing prevalence of hearing loss across the globe will spur the market growth in the forthcoming years
  • Increasing adoption of smart hearing aids due to the growing incidence of noise-induced hearing loss will improve the demand for hearing implants
  • Technological advancements in the field of hearing implant and integration of artificial intelligence will propel the demand

Key Restraints

  • High cost of hearing implants, especially in emerging economies, is likely to restrict the market growth
  • Dearth of skilled professionals will create a challenge for the growth of hearing implant market
  • High cost factor and health risks arising from surgical procedures are restraining revenues in the global hearing implant market

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Competitive Landscape

Key players are focusing on entering into collaborations and partnerships with other companies in order to gain competitive edge. Apart from this, they are introducing new products integrated with advanced technologies.

In June 2021, Oticon Medical announced that the U.S. Food and Drug Administration (FDA) has granted the premarket approval to the company’s Neuro System to treat individuals 18 years or older with bilateral severe-to-profound sensorineural hearing loss.

In February 2021, Cochlear Limited, the global leader in implantable hearing solutions, announced the partnership with leading hearing health experts to conduct the largest ever international clinical study of an investigational cochlear implant that releases a glucocorticoid (anti-inflammatory) drug therapy directly to the cochlea.

In December 2020, Sonova Holding AG, a leading provider of hearing solutions, announced that its U.S. subsidiary Advanced Bionics LLC has received FDA approval in the U.S. for its new Naída™ CI Marvel and Sky CI™ Marvel sound processors.

Prominent players operating in hearing implant market profiled by Future Market Insights include:

  • Cochlear Ltd.
  • MED-EL
  • William Demant Holding A/S
  • Advanced Bionics AG
  • Nurotron Biotechnology Co. Ltd.
  • Ototronix
  • Envoy Medical Corporation
  • Medtronic.
  • Others

More Valuable Insights on Market

In its latest report, Future Market Insights offers comprehensive insights on the global hearing implant market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study offers incisive coverage on the global hearing implant market with an unbiased analysis, segmented on the basis of:

By Product Type:

  • Cochlear Implants
  • Middle Ear Implants
  • Bone conduction Implants
  • Auditory brainstem implant

By End User:

  • Hospitals
  • ENT clinics
  • Ambulatory Surgical Centres

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding China and Japan (APECJ)
  • Japan
  • China
  • Middle East & Africa (MEA)

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Cold, Cough and Sore Throat Remedies Market is expected to reach US$ 10 Billion at a CAGR of 2.9% during 2016-2026

Seeking professional medical help for curing cold, cough or sore throat is become a rare practice, let alone getting admitted in a hospital. Prevalence of cold, cough & sore throat problems through the ages has made people more independent in terms of treating them. In the years to come, effective home remedies will continue to gain traction and people will be taking care of their cold or sore throat through such easy-to-treat remedies.

Future Market Insights’ latest report delivers such discernments that are expected to leave a considerable imprint on the global market for cold, cough & sore throat remedies. Based on the report, the global cold, cough & sore throat remedies market is presently valued at US$ 32.4 Bn, and is anticipated to incur sluggish growth at 3.2% CAGR to bring in just over US$ 45.4 Bn by the end of 2026. The report distinctly indicates that rising adoption of self-medication practices and effective home remedies is restraining the market’s overall growth.

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In the report, titled “Cold, Cough and Sore Throat Remedies Market: Global Industry Analysis and Opportunity Assessment, 2016-2026,” affordability of OTC drugs, rising economic burden of respiratory diseases, availability of medications in variable dosages, and fast & instant relief delivered through such cold, cough & sore throat remedies are driving the market’s growth. Nevertheless, the demand for cold, cough & sore throat remedies is less likely to soar at a healthy rate.

Cold, Cough and Sore Throat Remedies Market

Product Recalls & Low Entry of New Players Impacting the Market’s Growth

Firstly, the global cold, cough & sore throat remedies market is projected to witness umpteen product recalls. Global leaders in pharmaceuticals industry such as Novartis AG, Pfizer Inc., Bayer AG, GlaxoSmithKline plc., and Reckitt Benckiser Group plc are key players in the global market for cold, cough & sore throat remedies. Despite, there are several newly-launched products that have been recalled after FDA’s censure. Besides, even consumer goods behemoths such as Procter & Gamble Co. and Johnson & Johnson Services Inc. are partaking in the market’s growth. This has resulted in a lowering entry of emerging drugmakers, which has further distorted the market’s growth. Other leading manufacturers of cold, cough & sore throat remedies include AstraZeneca plc, Prestige Brands Inc., and Sun Pharmaceutical Industries Ltd.

The report highlights how Asia-Pacific excluding Japan (APEJ) region will remain the largest market for cold, cough & sore throat remedies. The region’s proximity to environmental pollution makes its residents more prone to respiratory diseases. With over 30% stake in global revenues, the APEJ cold, cough & sore throat remedies market will global dominate through 2026. North America and Europe will also remain at the forefront, by collectively accounting for nearly half of the global revenues throughout the forecast period.

The report further reveals that in 2017 and beyond, the demand for antihistamine drugs, expectorants and decongestants will remain considerably high as these revenues from sales of these drugs will showcase growth at more than 3% CAGR. Tablets or pills and nasal drops will also dominate as dosage types, accounting for over 40% share of market value through 2026. The report also predicts retail pharmacies & drug stores as the largest distribution channels for cold, cough & sore throat remedies. Together, these channels will bring in nearly US$ 30 Bn by the end of 2026.

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Why Future Market Insights?
· Comprehensive analysis on evolving purchase pattern across different geographies
· Detailed insights of market segments and sub-segments for historical as well as forecast period
· A competitive analysis of prominent players and emerging players in the keyword market
· Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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

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Dementia Care Products Market to Garner Brimming Revenues by 2027

Alzheimer’s disease or dementia have disturbing effects on memory as well as cognitive function of a person and negatively impact the daily activities of a person. With the progress of disease, there is also an increase in patient assistance. Dementia care products are the aids designed for the patients suffering from symptoms of dementia to make their life easier. A range of products are available in the dementia care product category such as  memory exercise & activity products, daily reminder products, bathroom safety products, dining aids, communication products, personal safety products, special clothing etc.

These products benefits the patients in performing routine activities with ease and thus assists their families and carers. There are plenty of pioneering products in the market today which enable dementia patients or other forms of memory loss patients to live safely and independently such as 24 hrs monitoring bands and others. The increasing support from various government as well as private organization supports the market growth for Dementia care products over the forecast period.

The market for dementia care products is growing all the time with better choice and availability offerings, as new innovations seek to help manage and ease life with the condition and help care providers offer easier support and assistance in maintaining a good quality of life for the patient.

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Dementia Care Products Market: Drivers & Restraints

Rising geriatric population as well as number of dementia patient pool drives the whole market for dementia care products. Along with this, increasing number of manufacturers and distributors for dementia care products also fuels the market growth. Increasing online sales trend also facilitates the market growth over the forecast period as this increases the product accessibility to different geographies. Limitation of product accessibility and affordability in various remote areas restraint the market growth for dementia care products. High costs associated with the product range also limits the consumer base growth and however curbs the market.

Dementia Care Products Market: Overview

Rising number of dementia cases over the globe generates the market opportunity for dementia care products. According to World Alzheimer Report 2015, more than 10 million new cases of dementia occur each year worldwide which implies huge consumer base worldwide for these dementia care products. Prevalence pool of patients suffering from dementia is quite high in low or middle income countries as compared to the high income countries provides a huge market opportunity companies to expand their product supplies over these regions. Cost effective and high utility products are highly favorable and generates strong product sales for the company. Adoption trend for healthcare products and services are likely to improve the market for dementia care products too.

Dementia Care Products Market: Region-wise Outlook

Geographically, North America is the leading consumer driven market for dementia care products because of the large number of product suppliers in the region as well as product affordability in the region. This is followed by Western Europe region due to high disposable income as well as consumption trend for the healthcare associated products. Asia Pacific market is the fastest growing market globally because of rising incidence rates of dementia patients in the region and growing awareness for these utility products. Latin America region also shows significant growth rate over the years with the increasing healthcare expenditure. MEA represents the lowest market share as well as growth rate for dementia care products market because of less adoption rate as well as weak distribution channel over the region.

Dementia Care Products Market Treatment Market: Key Players

There are large number of manufacturers and distributors for dementia care products which also vary from region to region. Some of the players in the dementia care products market includes Parentgiving, Inc., EasierLiving, LLC, Find memory care, Healthcare products LLC., Best Alzheimer’s Products, NRS Healthcare, Buddi Ltd. etc.

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Why Future Market Insights?

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

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

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

Veterinary Injectable Devices Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Animals have always been a part of human life and they still play an important role in human life. It is important to keep the animals healthy. If animals are not healthy diseases can spread to humans also. Generally, drugs are administered to animals using injections. As injection are easy to be given to animals as compared to oral route and also this route of administration shows rapid action.

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Veterinary Injectable Devices Market: Drivers and Restraints

Increasing prevalence of various diseases among animals is driving the growth of veterinary injectable devices market. Companion animals have become a part of people’s life and healthcare expenditure on these animals have increases. Increased healthcare expenditure to keep the companion animal healthy is driving the growth of injectable devices market. Increasing regulatory approval of injectable drugs for animal health is also boosting veterinary injectable devices market.

Veterinary Injectable Devices Market: Overview

Veterinary injectable devices market is expected to show significant growth over the forecast period. Increasing prevalence of various disease among animals and healthcare expenditure are factors which are driving the growth of veterinary injectable devices. Poultry and farm animals are always a higher risk of getting disease as compared to companion animals. If a spread among farm animals or poultry it can be life threatening for all the animals as well as for humans also. Death of farm animals and poultry will lead to financial loses. So vaccination is done among farm animals to prevent them from disease and which will lead to increased sales of veterinary injectable devices.

Syringes and needles are the highest revenue generating segments of veterinary injectable devices and are expected to be continuing to dominate the veterinary injectable devices market over the forecast period. Market of needle free veterinary injectable system is increasing and expected to show significant growth over the forecast period. Plastic is the material of choice for the veterinary injectable devices as it is used for manufacturing of disposable injectable devices. Plastic segment is expected to keep dominating the veterinary injectable devices market due to low price and increased used of disposable injections.

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Veterinary Injectable Devices Market: Region Wise Outlook

Geographically, the global veterinary injectable devices market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan and Middle East & Africa. North America is most attractive and highest revenue generating veterinary injectable devices market due to better veterinary healthcare facilities and increased expenditure on companion animals. North America is one of the biggest meat consuming market and there are strict laws regarding this that meat should be from healthy anima. Asia Pacific is expected to be fastest growing veterinary injectable devices market over the forecast period due to increasing animal healthcare infrastructure and presence of large no of farm animals and big poultry businesses.

Veterinary Injectable Devices Market: Key Players

Some of the market participants in the global veterinary injectable devices market are Hamilton Company, Neogen Corporation, Micrel Medical Devices SA, Serumwerk Bernburg AG, PBS Animal Health, Medtronic Public Limited Company and Allflex USA, Inc. Major focus of these companies is on development of disposable and needle free syringes.

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 grades.

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The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Historical Actual Market Size, 2012 – 2016
  • Market Size & Forecast 2017 to 2027
  • Supply & Demand Value Chain
  • Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis for Market includes

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

PD1/PDL1 Inhibitors Market Share, Trends, Growth, Sales, Demand, Revenue, Size and Forecast – 2030 | FMI

A recent market study published by Future Market Insights (FMI) on the PD1/PDL1 inhibitors market offers global industry analysis for 2015-2019 & opportunity assessment for 2020-2030. The report consists of a comprehensive assessment of the most important market dynamics. On conducting thorough research on the historical as well as current growth parameters of the PD1/PDL1 inhibitors market, growth prospects of the market are obtained with maximum precision.

The report features unique and salient factors that may make a huge impact on the development of the PD1/PDL1 inhibitors market during the forecast period. It can help market players modify their manufacturing and marketing strategies to envisage maximum growth in the PD1/PDL1 inhibitors market in the coming years. The report provides detailed information about the current and future growth prospects of the PD1/PDL1 inhibitors market in the most comprehensive way for better understanding of readers.

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Key Segments of PD1/PDL1 inhibitors Market

FMI’s study on the PD1/PDL1 inhibitors market offers information divided into four important segments-product type, indication, distribution channel, and region. This report offers comprehensive data and information about the important market dynamics and growth parameters associated with these categories.

Product

  • Nivolumab
  • Pembrolizumab
  • Atezolizumab
  • Avelumab
  • Durvalumab

Indication

  • Melanoma
  • Non-Small Cell Lung Cancer (NSCLC)
  • Renal Cell Carcinoma (RCC)
  • Head and Neck Squamous Cell Cancer (HNSCC)
  • Bladder Cancer
  • Merkel Cell Carcinoma (MCC)
  • Others

Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

Region

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

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The pd1 pdl1 inhibitors market is showing considerable amount of growth in the healthcare sector due to inclination towards safe and toxin free treatment. According to new research market by Future Market Insights (FMI), adoption of PD1/PD-L1 is likely to witness a further spike post COVID-19 recovery.

A significant growth with increasing demand for budget-friendly yet efficient management solutions in the healthcare sector will be noticed to automatize the treatment. The market is gaining traction from immunotherapy researches for cancer treatment,” says the FMI Analyst.

PD1/PDL1 Inhibitors Market – Key Restraints

  • High cost associated with cancer treatment might hamper market growth to a great extent.
  • Strict regulations associated with the approval process of PD1/PDL1 acts as a major challenge and decelerates market growth.

Pharmaceutical Intermediates Market to comprise over 3 out 10 Sales through 2030: Future Market Insights Study

ESOMAR certified market research and consulting firm Future Market Insights (FMI) has recently published the global pharmaceutical intermediates report. According to the study, the market is likely to grow by nearly 1% from 2020 to reach 4.1% in 2021. Projections are likely to remain strong over the next 10 years, registering a CAGR of over 4% between 2020 and 2030.

Demand for pharmaceutical intermediaries is being catapulted by prolific advancements across the generic and branded drugs segments respectively. Substantial developments are witnessed across the Asian markets, especially in India, which is the world’s leading generic drugs market valued at over US$ 19 billion as of 2019, prompting key manufacturers to deepen penetration across the market.

In addition, promising opportunities abound across the analgesics category. Future Market Insights anticipated the segment to account for three out ten pharmaceutical intermediate ingredient sales throughout the forecast period. Thus, according to FMI, manufacturers are enhancing research & development capacities to introduce various formulations to be used for a wide range of ailments.

“Complicating nature of chronic and infectious ailments is prompting healthcare giants to investigate more intricate drug combinations, thus heightening usage of pharmaceutical intermediates in various formulations,” comments the FMI analyst.

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Key Takeaways from the Report

  • Bulk drug pharmaceutical intermediaries to register almost 20 million unit sales by 2021-end
  • Generic drug intermediaries to yield over 70% revenue share through 2030
  • By end-users, CMO/CROs to remain primary stakeholders, exhibiting over 4% Y-o-Y growth
  • US to hold 90% share in 2021, facilitated by heightened investments in the pharmaceuticals industry in wake of reduced tax rates. Growth to remain positive through 2030
  • UK likely to demonstrate nearly 3% Y-o-Y growth, backed by high applications across generic drugs formulations
  • Germany and France to register stable outlook, collectively accounting for 44% revenue share by 2021
  • Japan and China to remain bright spots, accounting for almost 9 million unit sales by 2021-end

Pharmaceutical Intermediates Market- Key Drivers

  • Compounding incidence of chronic ailments such as heart failures and kidney disorders accelerating R&D for developing advanced drug formulations, thus stimulating growth
  • Burgeoning clinical research in biotechnology and life sciences to promote increased pace of innovations
  • COVID-19 pandemic to provide additional fillip, attributed to increased scramble for developing effective anti-viral drugs

Pharmaceutical Intermediates Market- Key Restraints

  • Over compliance with numerous regulatory frameworks may delay drug launches, preventing effective uptake of pharmaceutical intermediates
  • Heightened costs of procuring raw pharmaceutical intermediate materials discourages effective uptake by key pharmaceutical companies

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Competitive Landscape

The global pharmaceutical intermediates market report has profiled the following prominent manufacturers: Cambrex Corporation, Sanofi, Interchem., Aceto Corporation, Arkema Inc., Pfizer, Dextra Laboratories Limited, Chiracon GmbH, Codexis Inc., Dishman Group and Midas Pharma GmbH among others.

Key expansion strategies employed by the aforementioned players include expansion and acquisition drivers, product launches and capacity expansion initiatives to name a few. Moreover, these players are increasingly foraying into the emerging economies of the Asia-Pacific region, owing to the high prevalence rate of chronic and infectious diseases which has accelerated investments in providing advanced medical care.

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About Future Market Insights

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

Molybdenum-99 Market To Rise At A CAGR Of 5.2% Between 2020 And 2030

The rising incidence of non-communicate diseases is creating scope for novel and advanced imaging technologies. There is immense scope for technologies that offer non-invasive yet precise diagnosis of various types of cancer and cardiovascular ailments. Future Market Insights (FMI) sees the prevailing trends to be highly favorable for the expansion of molybdenum-99 market.

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Technetium-99m derived from molybdenum-99 (99Mo) is a key isotope used in radionuclide imaging. It is a part of the technology that non-invasively diagnoses regional metabolic and physiologic processes such as blood flow in the heart to zero down on the affected organ or tissue.

Molybdenum-99 is therefore used as radioisotope in various nuclear medicine diagnostic procedures. With several leading healthcare organizations intending to up their research and development initiatives, the 99Mo is expected to grow considerably in the coming years.

FMI in a recent study has projected the market to rise at a CAGR of 5.2% between 2020 and 2030. The rising willingness among patients and their families to spend on advanced healthcare will bode well for the market. Additionally, government support in the form of favorable reimbursement policies will create lucrative prospects for growth in the coming years.

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FMI identifies various growth drivers and restraints impacting the market’s trajectory in its recent study. The report is intended to evaluate the scope for expansion and investment feasibility in the market. Some of the key takeaways from the report are:

  • The market is estimated to be valued at US$ 3.2 billion by the end of 2020
  • Supply constraints and looming closure of reactors across various locations are posing threat to growth
  • Among hospitals and diagnostic centers, the former is expected to account for the maximum revenue generated in the market
  • North America is expected to remain dominant through the forecast period
  • Among applications, SPECT segment will hold dominant share in the market

Companies operating in the market are primarily focusing on research and development to find novel diagnosis methods. Their focus on offering low price therapeutic radiopharmaceuticals is expected to augur well for the market,” said a lead analyst at FMI.

Impact of COVID-19 on Market

The market for molybdenum-99 is already reeling under inadequate supply. Supply-chain disruptions are not new to the market and the unprecedented pandemic outbreak has only worsened prospects for the market’s growth in 2020.

Lockdown orders enforced across the world have caused significant disruptions in production. Partial and complete lockdown followed in the last couple of months have put a serious dent on the global GDP growth.

The negative impact of the same is felt on the molybdenum-99 market as well. North America and South Asia markets will be more hampered. Recovery however is on cards especially once the novel coronavirus passes and economies start focusing on healthcare concerns other than COVID-19.

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Who is winning?

The market has a consolidated vendor landscape. Tier-1 companies primarily boast dominance. Companies operating in the market primarily focus on research and development initiatives. Besides this, some of them are investing their resources in strategic collaborations and acquisitions to gain competitive advantage.

Other companies such as Advanced Cyclotron Systems, Inc. are focusing on research and development initiatives and establishing facilities in compliance with Good Manufacturing Practices.

Some of the companies profiled in the report are GE Healthcare, IBA, Sumitomo Corporation, Advanced Cyclotron Systems, and Siemens Healthineers.