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A recent market study published by Future Market Insights (FMI) on the market offers global industry analysis for 2015-2019 & opportunity assessment for 2019-2030. 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 CMO/CDMO market, growth prospects of the market are obtained with maximum precision.

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

Key Segments of CMO/CDMO Market

FMI’s study on the CMO/CDMO market offers information divided into four important segments— service, product, form and region. This report offers comprehensive data and information about the important market dynamics and growth parameters associated with these categories.

Service

• Contract Development
  • Formulation development
  • Pilot studies
• Contract Manufacturing
  • Bulk preparation & scale up
  • Safety Testing
  • Filling & Packaging
    • Close jars
    • Bottles
    • Tubes
    • Roll-ons
    • Others

Product Type

• Hair Products
• Skin Products
• Lip Products
• Eye Products
• Body hygiene
• Oral hygiene

Form

• Solid form & powder
• Lotions
• Creams
• Others

Region

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

Chapter 1 – Executive Summary

The report commences with the executive summary of the CMO/CDMO market report, which includes the summary of key findings and statistics of the market. It also includes the market value (US$ million) estimates of the leading segments of the CMO/CDMO market as well as the key trends impacting the market.

Chapter 2 – Market Overview

Readers can find detailed taxonomy and product definition of the CMO/CDMO market, in this chapter, which help readers understand basic information about CMO/CDMO.

Chapter 3 – Key Market Trends

This section highlights the key trends impacting the CMO/CDMO market, which will help readers understand the current trends and their impact on market growth.

Chapter 4 – Key Success Factors

This chapter explains the disease condition, increasing elder age group, key regulations for product launch in various countries along with disease epidemiology that are expected to influence the growth of the CMO/CDMO market during the forecast period.

Chapter 5 – Market Background

This chapter explains the key macroeconomic factors that are expected to influence the growth of the CMO/CDMO during the forecast period. The chapter also highlights the major forecast factors that will shape market growth. Besides, it provides key dynamics of the CMO/CDMO market, which include the drivers, restraints, and opportunity analysis. This chapter is expected to enable readers to understand the factors that are propelling the growth of the CMO/CDMO market, as well as those that are likely to hamper the growth of the CMO/CDMO market. The opportunity analysis for the CMO/CDMO will help readers understand the market opportunities, based on which they can plan their strategies.

Chapter 6 – COVID19 Crisis Analysis

This section provides the current and expected impact of COVID19 on the CMO/CDMO market.

Chapter 7 – Global CMO/CDMO Market (Size in US$ Mn) Analysis 2015-2019 and Forecast, 2019-2030

This section explains the global market value analysis and forecast for the CMO/CDMO market during the forecast period. Along with the historical market and opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2020–2030).

Chapter 8 – Global CMO/CDMO Market Analysis 2015-2019 and Forecast 2020-2030, By Service

Based on treatment, the CMO/CDMO market is segmented into (Contract Development: Formulation development & Pilot studies, Contract Manufacturing: Bulk preparation & scale up, Safety Testing and Filling & Packaging (Close jars, Bottles, tubes, roll ons and others).  In this chapter, readers can find information about a detailed analysis of the market by different service of CMO/CDMO and their growth over the forecast period.

Chapter 9 – Global CMO/CDMO Market Analysis 2015-2019 and Forecast 2020-2030, by Product

Based on indication, the CMO/CDMO market is segmented into Hair Products, Skin Products, Lip Products, Eye Products, Body hygiene and Oral hygiene. In this chapter, readers can find information on market attractive analysis based on product.

Chapter 10 – Global CMO/CDMO Market Analysis 2015-2019 and Forecast 2020-2030, by Form

Based on age group, the CMO/CDMO market is segmented into solid form & powder, Lotions, Creams and Others. In this chapter, readers can find information on market attractive analysis based on form.

Chapter 11 – Global CMO/CDMO Market Analysis 2015-2019 and Forecast 2020-2030, by Region

This chapter explains how the CMO/CDMO market will grow across various geographic regions such as North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa (MEA).

Chapter 12 – North CMO/CDMO Devices Market Analysis 2015-2019 & Opportunity Assessment 2020–2030

This chapter includes a detailed analysis of the growth of the North America CMO/CDMO market along with the country-wise assessment including the U.S. and Canada. Readers can also find key takeaways of this region, and market growth based on Treatment type, Disease Indication, Age group, gender, Distribution Channel and region.

Chapter 13 – Latin America CMO/CDMO Market Analysis 2015-2019 & Opportunity Assessment 2020–2030

This chapter includes the growth prospects of the CMO/CDMO market in leading countries such as Brazil, Mexico, and the rest of Latin America. Readers can find thorough information about the growth parameters of the Latin America CMO/CDMO market during 2020–2030.

Chapter 14 –Europe CMO/CDMO Market Analysis 2015-2019 & Opportunity Assessment 2020–2030

Important growth prospects of the CMO/CDMO market based on Treatment type, Disease Indication, age group, gender, Distribution Channel and region and country in several European countries such as the U.K., Germany, France, Italy, Spain, Russia, BENELUX, and Rest of Europe are included in this chapter.

Chapter 15 – South Asia CMO/CDMO Market Analysis 2015-2019 and Forecast 2020–2030

India, Indonesia, Malaysia, Thailand, and the rest of South Asia are the leading countries/regions in South Asia that are the prime subjects of assessment to obtain the growth prospects of the South Asia CMO/CDMO market, in this chapter, readers can find thorough information about the growth parameters of the South Asia CMO/CDMO market during 2030.

Chapter 16 – East Asia CMO/CDMO Market Analysis 2015-2019 and Forecast 2020–2030

Detailed information about factors such as incremental opportunity, Y-O-Y growth, and regional trends that are impacting the growth of the East Asia CMO/CDMO market are included in this chapter. It also includes the growth prospects of the CMO/CDMO market in leading East Asian countries such as China, Japan, and South Korea.

Chapter 17 – Oceania CMO/CDMO Market Analysis 2015–2019 and Forecast 2019–2030

This chapter consists of important parameters that have a huge impact on the growth of the CMO/CDMO market in Oceania, based on market segmentation, during the forecast period. The chapter also provides an overview of the drivers, restraints, and trends in the Oceania CMO/CDMO market.

Chapter 18 – MEA CMO/CDMO Market Analysis 2015-2019 & Opportunity Assessment 2020–2030

This chapter provides information on how the CMO/CDMO market will grow in the major countries in MEA region, such as GCC Countries, South Africa, Northern Africa and Rest of MEA during 2020–2030.

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Chapter 19 – Key and Emerging Countries CMO/CDMO Market Analysis 2015-2019 & Opportunity Assessment 2020–2030

This chapter provides information on how the CMO/CDMO market will grow in the major countries across the world during 2020–2030.

Chapter 20 – Market Structure Analysis

This chapter covers the market analysis of competitors based on revenue tiers, single point view of portfolio across industry segments, and their relative market position.

Chapter 21 – Competition Analysis

In this chapter, readers can find a comprehensive list of all the leading stakeholders in the CMO/CDMO market, along with detailed information about each company, including company overview, revenue shares, strategic overview, and recent company developments. Players featured in the CMO/CDMO market report include Swiss American CDMO, Pierre Fabre Group, Zymo Cosmetics, Fareva, Biofarma Srl C.F, Chemineau, C.O.C. Farmaceutici Srl, Paragon Nordic, Cosmetic Solutions, Kolmar, Lonza, Cho Chuang Industrial Co., Ltd., Vive Cosmetics, Ori BioNature Sdn Bhd, Zoic Cosmetics, Samriddhi Life Sciences, Natrocare and others

Chapter 22 – Assumptions and Acronyms Used

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the report.

Chapter 23 – Research Methodology

This chapter helps readers understand the research methodology followed to obtain various conclusions, important qualitative information, and quantitative information about the autoclaves market.

Growing prevalence of acute kidney injury as well as increasing early diagnosis with subsequent increasing treatment seeking rate are the prime drivers of the global acute kidney injury treatment market. Treatment such as dialysis therapies has resulted in better management of acute kidney injury, and has helped reduce the risk of various kidney-related diseases. Various organizations are involved in acute kidney injury disease surveillance. In 2017, China’s central government issued the 13th Five Year National Science and Technology Innovation Plan, which aims to create a national platform to share biomedical big data, develop technologies for precision medicine, and integrate them into a multilevel knowledge database, leading the healthcare treatment market to new growth avenues.

The global acute kidney injury treatment market is projected to exhibit a noteworthy 8% CAGR over the forecast period (2019–2029).

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ACUTE KIDNEY INJURY TREATMENT MARKET TAXONOMY
The global acute kidney injury treatment market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the readers.

Product

• Dialysis
  • Intermittent Hemodialysis
  • Continuous Renal Replacement Therapy (CRRT)
  • Sustained Low Efficiency Dialysis (SLED)
• Drug Therapy
  • Antibiotics
  • Diuretics
  • Immunosuppressive Agents

Injury

• Pre-renal Injury
• Intrinsic Renal Injury
• Post-renal Injury

Distribution Channel

• Hospitals
• Ambulatory Surgical Centers
• Others

Region

• North America
• LATAM
• South Asia
• East Asia
• Oceania
• Middle East & Africa

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Key Takeaways of Acute Kidney Injury Treatment Market Study
Owing to increasing acute kidney injury prevalence, number of dialysis centers, and efficient treatment method, the dialysis segment is expected to be a significant revenue generator.
The intermittent hemodialysis segment, under product, in the acute kidney injury treatment market, is expected to be a prominent segment, as results provided by this treatment are more efficient as compared to other dialysis methods.
The pre-renal injury segment is anticipated to dominate the acute kidney injury treatment market, as pre-renal injury is more prevalent in patients with acute kidney injury.

North America is expected to dominate the global acute kidney injury treatment market in terms of revenue, owing to the growing adoption of advanced treatments over conventional methods. East Asia is expected to offer lucrative opportunities for the acute kidney injury treatment market during the forecast period.

Advanced Technology & Product Launches – Key Strategies Followed by Manufacturers
Advancements in diagnostic technology and more product availability in order to streamline their product offerings in respective regions with diverse product portfolios are being followed by players in the acute kidney injury treatment market. For instance, in January, 2019, Fresenius Medical Care launched the 4008A dialysis machine to improve accessibility to life-sustaining dialysis treatment.

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More Valuable Insights on Acute Kidney Injury Treatment Market
Future Market Insights brings a comprehensive research report on forecast revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each segment from 2014 to 2029. The global acute kidney injury treatment market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the readers. The study provide compelling insights on the acute kidney injury treatment market on the basis of product (dialysis and drug therapy), injury (pre-renal injury, intrinsic renal injury, and post-renal injury), and distribution channel (hospitals, ambulatory surgical centers, and others), across seven major regions.

Growing inclination towards non-invasive procedures and increasing efficiency of dermal fillers have been driving the dermal fillers market. Future Market Insights (FMI) in a new study has projected the market to reach US$ 4.04 Bn by the end of 2021. The application of dermal fillers ranges from better aesthetic outcomes to the treatment of forehead augmentation.

The use of dermal fillers is not restricted to facial skin procedures, it also includes various derma aesthetic procedure treatment. Moreover, an increase in the number of non-invasive aesthetic surgeries and an increasing number of aesthetic surgeons are expected to be important factors for surging the demand for dermal fillers.

According to the Plastic Surgery Statistics Report, in 2019, there were around 13,618,735 non-surgical procedures performed by plastic surgeons worldwide.

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Additionally, increasing awareness concerning the dermal fillers in emerging countries, the emergence of new products and d new indications are enabling growth. Besides this, the rising ageing population is one of the major factors that is rapidly fuelling the demand for dermal fillers. The rising demand for anti-ageing treatment to effectively  diminish the signs of ageing and facial treatment will keep the demand for dermal fillers high.

FMI has projected absorbable dermal fillers to remain most preferred. It is expected to account for over 99% of dermal fillers sold through 2031.

Key Takeaways of Dermal Fillers Market Study

• The global dermal fillers market will continue expanding at a steady pace. FMI has projected the market to exhibit 2.8% Y-o-Y growth in 2021
• The U.S. is one of the key markets for dermal fillers, accounting for over 89% of North America market in 2021
• Demand for dermal fillers is expected to remain significantly high in the U.K. FMI has projected it to exhibit over 5% Y-o-Y growth in 2021
• Germany and France are other lucrative markets for dermal fillers in Europe
• Dermal fillers sales in Japan are expected to be considerably high. South Korea too will continue exhibiting rising demand for dermal fillers

Who is Winning?

The regulatory approval for new products is one of the key factor responsible for enormous competition among market players globally. Some of the leading market players have been focusing on product launches. Besides this mergers & acquisitions and collaboration remain the key trends among market players intending to expand their footprint globally.

For instance, AbbVie Inc., acquired Allergan Aesthetics, the onset of the completion of its acquisition of Irish-domiciled pharmaceutical company in January 2020. Allergan Aesthetics would operate as a new global dedicated business with its research & development function including aesthetic products, botox Cosmetic, the Juvederm collection of dermal fillers, and Coolsculpting body contouring.

Also, Revance Therapeutics signed an exclusive U.S. distribution agreement in January 2020 with Teoxane SA for its innovative Resilient Hyaluronic Acid products like RHA2, RHA3, and RHA4. Hence this agreement would expand the Teoxane’s aesthetic products sales.

In Oct 2020, Sinclair Pharmaceuticals Ltds. signed a strategic distributorship agreement with Tamer Group KSA, intending to expand its aesthetic profile sales footprint in the Middle East and Africa with its exclusive distributor in Saudi Arabia.

More Valuable Insights on Dermal Fillers Market

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each segment from 2014 to 2029. The global dermal fillers market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on dermal fillers market on basis of product type (absorbable, non-absorbable), by ingredient (hyaluronic acid, poly-L-lactic acid, calcium hydroxylapatite, polymethyl methacrylate, and collagen), and distribution channel (retail pharmacies and drug stores, clinic and hospital pharmacies, online pharmacies), across seven major regions.

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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

Future Market Insights (FMI) delivers key insights on the Europe viscosupplementation market in its upcoming report titled, “Viscosupplementation Market: Europe Industry Analysis and Opportunity Assessment, 2016-2026”. In terms of revenue, the Europe viscosupplementation market is projected to register a healthy CAGR of 5.1% during 2016-2026.

FMI’s report has segmented the market on the basis of product type, end user and region.

Based on product type, the market has been segmented into one injection viscosupplementation, three injection viscosupplementation and five injection viscosupplementation.

Single injection viscosupplementation product type segment is expected to emerge as the most popular segment over the forecast period, driven by better patient compliance as the treatment reduces the need for multiple hospital visits. The segment is expected to register the highest CAGR of 6.7% during the forecast period.

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Five injection viscosupplementation product type segment is expected to witness a decline in market share in terms of revenue from 29.0% in 2015 to 23.3% in 2026. This decline is attributed to more incidence of side effects and repeated patient visit requirements associated with five injection viscosupplementation. Reimbursement cutbacks and high injection costs are other factors that can curtail demand for five injection viscosupplementation.

By end-users, the market is segmented into hospitals, ambulatory surgical centres and orthopaedic clinics. Hospitals end-use segment is expected to witness significant demand for viscosupplementation, registering a CAGR of 4.3% over the forecast period. Better reimbursement options and increasing patient preference for single injection cycle for osteoarthritis treatment is expected to drive demand for one injection viscosupplementation in the orthopaedic clinics segment over the forecast period.

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Europe Viscosupplementation Market Trends

Key trends in the viscosupplementation market are the use of single injection cycle for osteoarthritis treatment and introduction of new combination products in the market. For example, the product pipeline of major players in the viscosupplementation market involves combining corticosteroid injections, which help in relieving pain associated with osteoarthritis, with long-lasting effects of hyaluronic acid, which lasts for nearly six months. Further, regional competition within EU countries, especially in five injection cycle, is leading to entry of new market players. Europe is a mature market in terms of generic products and it is therefore relatively easier to obtain CE mark in Europe than it is to obtain the U.S. FDA approval.

Western Europe has been estimated to dominate the Europe viscosupplementation market in 2015, attributed to factors such as the presence of key regional players, strong distribution network and better healthcare infrastructure in the region.

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Key Players in Europe Viscosupplementation Market

Some key players in the Europe viscosupplementation market are Anika Therapeutics Inc., Sanofi S.A., Zimmer Biomet Holdings, Meda AB, Ferring B.V, Fidia Pharmaceutici S.p.A,   and Bioventus LLC. We have discussed individual strategies followed by these companies in terms of enhancing product designs, creating new manufacturing facilities, market consolidation and advanced R&D initiatives. The report concludes with key takeaways that could help players already present in the market and new players planning to enter the market in the long run.

Timely drug delivery is the cornerstone of an effective healthcare infrastructure. Rising prevalence of chronic and infectious ailments have accelerated production of prescription drugs, prompting vendors to develop effective distribution networks.

According to a recent study by Future Market Insights (FMI), the sales of wet wipes are expected to top US$ 3.7 Bn in 2021, growing at a CAGR of over 7.6% during the forecast period (2021-2031).

The aromatherapy market is estimated to be valued at ~US$ 4.6 Bn in 2019, unveils the new research study by Future Market Insights (FMI). According to the report, the aromatherapy market is projected to grow by ~7% YOY in 2020, primarily influenced by greater emphasis on good health and wellness.

Expansion of Product Lines by Essential Oil Manufacturers

In order to cater to growing demand for essential oils possessing therapeutic properties, various essential oil and diffuser manufacturers are focusing on expanding their product line in the aromatherapy market. For attracting new customers, companies are not only focusing on expanding their distribution network to hypermarkets and supermarkets, but also to premium drugstores and department stores.

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Major companies in the aromatherapy market are adopting multi-level or referral marketing strategy to gain distinct competitive edge. Introduction of membership plans are gaining momentum among the aromatherapy market players, where specific members are given significant discount on aromatherapy products. These members are also known as independent salespeople (independent business owners (IBO)) or consultants. Consultants refer essential oils to others and earn some sort of incentives and discounts on their purchase.

Sales via rapidly penetrating e-commerce channels remain a prominent strategy adopted by key players in the recent years. Companies such as Young Living and doTerra, are actively engaging their customers to sign up as distributors to increase the sales of their new products through multi-level marketing plan. In the multi-level marketing strategy, companies are providing membership incentives, rewards, compensation plans, opportunity products, etc. These initiatives taken by the company is thus likely to influence the overall growth of the aromatherapy market.

Added Benefits of Essential Oils for Various Ailments Aiding the Market Growth

Aromatherapy acts as a complementary treatment in many viral and bacterial diseases such as acute respiratory infections, viral infections, influenza, and bronchitis. Aromatherapy can be used during prophylactic and therapeutic treatment regimens for many diseases such as Initial forms of atherosclerosis, coronary heart disease, neuro-dystonia, hypertension, hypotension, anxiety, depression, insomnia and many such disorders. Thus, added benefits and applications of essential oils in many indications will continue to account for greater gains in the aromatherapy market.

Aromatherapy – A Preferred Therapy to Improve Quality of Life

Studies have been conducted to prove the effectiveness of essential oils that support the body to heal. Essential oils such as thyme, rosemary, oregano, chamomile, and frankincense are used for the treatment of certain benign tumors to selectively harm or disable cancer cells while leaving healthy cells intact. Increasing inclination towards natural remedies provides good growth opportunities for players in the essential oil industry in the near future. Also, presently aromatherapy has been used for cancer patients as it reduces anxiety levels and relieves emotional stress, pain, muscular tension, and fatigue after chemotherapy or post radiation therapy.

Risk Factors Associated with Aromatherapy Restricting Market Growth

Some risk factors and complications are associated with aromatherapy as individuals have unique metabolism, vitality, and physical makeup. Therefore, acceptable dose for one may not be appropriate for others. Risk factors such as toxicity, skin sensitization, photosensitivity etc. have been reported with patients undergoing aromatherapy. However, many essential oils are contraindicated for use during pregnancy and breast-feeding due to their abortifacient properties. Thus, increasing apprehensions regarding the risks of essential oils and other complications result in low preference and reluctance for undergoing aromatherapy by patients, which in turn restrains revenue growth of the aromatherapy market to a certain extent.

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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

According to a recent study by Future Market Insights (FMI), the global tinnitus management market is expected to register sustainable growth during the forecast period. The market size is likely to grow from US$ 2.5 Bn in 2021 to over US$ 3.2 Bn by 2031 at a CAGR of around 2.8% over the forecast period (2021-2031).

According to the latest research by Future Market Insights (FMI), the global market for medical physics will exceed the valuation of US$ 6 billion towards the end of projection period.

Prominently driven by the growth of medical tourism sector and increasing expanse of diagnostics, the global revenue of medical physics market will reportedly thrive at a healthy over-6% CAGR during 2018-2028. Growing adoption of nuclear medicine has also been cited as an important factor responsible for a positive growth outlook anticipated for medical physics market.

However, the report also highlights that the insufficient availability of skilled workers and relatively poor healthcare infrastructure for medical physicist trainings in developing regional markets will continue to restrict penetration of medical physics in the long run.

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The ‘Outsourcing’ Trend Is Creating Firm Base for Merger & Acquisition Strategies

With the consolidation of hospitals, there is an increasing need for larger firms in the medical physics market, with an intent to handle the outsourced services so as to contract with fewer services providers. The medical physics market is characterised by the presence of small independent companies, and there is a negligible number of large-scale operators. According to the report, this presents opportunities for private equity firms to enter the middle-market platform and scale-up their medium-scale operations to large-scale operations through the acquisition of smaller firms.

Other factors driving mergers and acquisitions in the medical physics market include increasing stringent regulations and an increasing number of owners looking to exit the medical physics business. Increasing stringent regulations have resulted in the inspection of a larger number of machines and associated elements. Several healthcare systems are incurring higher risks due to the increasingly stringent regulations. This opens opportunities for medical physics companies to ensure compliance and reduce operation cost by outsourcing. Furthermore, most of the medical physics firms are owned and operated by baby boomers who are about to retire from their medical physics business. For a majority of those medical physics service providers who are retiring, selling their business has been considered to be the most preferred option.

Preview Analysis Global Medical Physics Market Segmentaion by Modality (Diagnostic, Therapeutic); by Services (Accreditation Assistance, Performance Testing, Physics Testing, Radiation Dose Monitoring, Radiation Safety Training, Treatment Commissioning Services, Safety Surveys, Regulatory and Auditing Services, Others: https://www.futuremarketinsights.com/reports/medical-physics-market

Some of the other trends in the medical physics market include increased outsourcing by healthcare providers, increasing number of independent diagnostic imaging centres, and advancements & adoption of technology across the world.

Segmental Insights: Medical Physics Market

• Diagnostic modality, driven by increasing adoption of diagnostic procedures such as PET, SPECT, CT, and MRI, will continue to account for more than 65% share of the total medical physics market value.
• Based on services, accreditation assistance is slated to remain dominant, followed by safety surveys. The report anticipates physics testing and regulatory and auditing services to emerge highly potential.
• Following hospitals, diagnostic imaging centers are likely to register significant adoption rate in the medical physics market through 2027.

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The North American and European medical physics market will reportedly account for a majority of market value, according to FMI’s analysis on medical physics market. The report has attributed this dominance to rapid consolidation of healthcare facilities in these regions.

Some of the key players in the medical physics market include Krueger-Gilbert Health Physics, Inc., LANDAUER, Medical Physics Services, Medical Physics Services Consultants, Inc., Alyzen Medical Physics Services, Radiation Safety & Control Services, Inc., Upstate Medical Physics Services, Dade Moeller & Associates, Versant Medical Physics Services & Radiation Safety, Alliance Medical Physics Services  LLC, West Physics Consulting, LLC, Associates in Medical Physics Services, Radiation Services, Inc., Jaeger Corporation, and Petrone Associates, LLC.

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According to the latest market report published by Future Market Insights, titled ‘Veterinary Molecular Diagnostics Market: Global Industry Analysis (2013-2017) and Forecast (2018-2026)’, the global veterinary molecular diagnostics market is expected to expand at a CAGR of 7.6% during the forecast period 2018–2026.

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

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

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

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

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

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

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

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

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

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

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

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

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

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