Gynaecological Examination Chairs Market Growth, Future Prospects And Competitive Analysis 2028

According to a report published by Future Market Insights (FMI), the global gynaecological examination chairs market is expected to witness a CAGR of 6.9% from 2018 to 2028. The market was worth US$ 408.4 Mn in 2017 and is projected to rise to a valuation of US$ 852.3 Mn by the end of 2028.

With the growing income of people across the globe, they are willing to pay more for healthcare, the revenue being generated by hospitals is also increasing rapidly. Hospitals and various healthcare facilities are also increasing their spending to enhance the quality of services and their equipment. The proliferating healthcare expenditure is expected to positively impact the gynaecological examination chairs market.As a result of the growing demand and expenditure of the consumers, companies are also gearing up in order to take leverage of the arising opportunities and to stay competent in the market. They are strengthening product portfolio by launching novel products with advanced features through product development and acquisitions and mergers. The companies are also concentrating on developing a strong distribution channel and supplier chain in order to expand their presence in the emerging and untapped markets. For instance, in May 2017, Oakworks Inc. announced the introduction of STUDIO, a table designing solution that provides clients with complete flexibility when designing products. Along this line in the same time, the company completed the collaboration with FAMED Medical Solutions. Due to collaboration the company introduce novel iNSPIRITMedical Solutions.

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Advances in Technology to Have a Positive Impact on the Market

The healthcare industry around the globe is booming exponentially. Heavy investments are made in the healthcare industry, especially in the hospital and clinics sectors. The demand for technologically advanced products is increasing among practitioners and physicians for reducing operating and examination time. Adoption of technologically advanced chairs powered by foot switches and remote will be beneficial in adjusting the required height. These advance features provide efficiency in examination. Gynaecologists across the globe are adopting advanced gynaecological chairs that are compatible with video colposcopy device holders, organic waste containers and are made of antimicrobial materials in order to reduce the time and manpower required to manage all the adjustments.

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Strict Regulations to Act as a Prime Roadblock in Market Growth

The companies in the market are facing strict regulatory policies in the development of new products for medical furniture, such as examination chairs and tables. The manufactured products should meet the standards of the U.S. Access Board Proposed Standards for Accessible Medical Diagnostic Equipment. Most of the companies are facing difficulties in bringing gynaecology examination chairs to the market without greater predictability and transparency from FDA. The products have to meet the standard of sterilization and environment protection regulation.

Parent Indicators Healthcare

  • Current expenditure on health, % of gross domestic product
  • Current expenditure on health, per capita, US$ purchasing power parities (current prices, current PPPs)
  • Annual growth rate of current expenditure on health, per capita, in real terms
  • Out-of-pocket expenditure, % of current expenditure on health
  • Out-of-pocket expenditure, per capita, US$ purchasing power parity (current prices, current PPPs)
  • Physicians, Density per 1000 population (head counts)
  • Nurses, Density per 1000 population (head counts)
  • Total hospital beds, per 1000 population
  • Curative (acute) care beds, per 1000 population
  • Medical technology, Magnetic Resonance Imaging units, total, per million population
  • Medical technology, Computed Tomography scanners, total, per million population

Market Taxonomy

The global gynaecological examination chairs market has been segmented into:

Product Type

  • Non-electric gynaecological Examination Chairs
  • Electric gynaecological Examination Chairs

Price Range

  • Premium
  • Medium
  • Low-price

End User

  • Hospitals
  • Obstetrics & Gynaecology Clinics
  • Others

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Region

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

Meningococcal Vaccines Market Regional Industry Segmentation, Analysis by Production, Consumption, Revenue and Growth Rate

The global meningococcal vaccines market is expected to be driven by enhanced access to vaccines in low and middle-income countries, growing investments by manufacturers and governments to cope with pandemic meningitis outbreaks, and rapidly growing consumption of meningococcal vaccines bolstered by immunisation alliances and mass vaccination campaigns among others. Partnerships between the private sector and public institutions have been the chief agenda of global public health initiatives.

The last few years have witnessed an increase in several private-public partnerships specifically focussing on vaccine provision in developing countries. Partnerships like the International Coordinating Group on Vaccine Provision for Epidemic Meningitis Control (ICG) help magnify the vaccine outreach to remote areas of the world with the maximum need.

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The governments of several countries across the globe initiate immunisation programmes periodically and these programmes are backed by global organisations such as UNICEF and WHO and private not for profits like the Global Alliance for Vaccines and Immunization (GAVI).

meningococcal vaccines market

A classic example of how private-public partnerships are helping boost vaccination programmes across deep regional pockets is Brazil.

In 2010, Ezequiel Dias Foundation, Brazil formed a strategic alliance with Novartis Vaccines & Diagnostics for the sustainable supply of Menjugate MenC vaccines for Brazil’s National Immunization Program. By 2015, Brazil became self-sufficient in the production of the meningococcal C conjugated vaccine for the country’s public vaccination programmes. Such initiatives at the global level are anticipated to support global immunisation goals and at the same time boost growth of the meningococcal vaccines market.

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Factors Leading to Worldwide Adoption of Meningococcal Vaccination Programmes

Partnerships and alliances between manufacturers and governmental healthcare organisations are facilitating the speedy introduction of vaccines in some of the economically challenged countries of the Middle East and Africa region. Enhanced access to vaccines in under-penetrated global markets is expected to accelerate revenue growth of the global meningococcal vaccines market.

Approval of new vaccines in the U.S and Europe in 2015 and 2017 to treat meningococcal meningitis has revolutionised the global immunisation landscape. This is further boosting the growth trajectory of the global market for meningococcal vaccines.

According to Future Market Insights projections, the global market for meningococcal vaccines is expected to reach US$ 6,008.9 Mn by 2028 end from a valuation of US$ 2,290.7 Mn in 2017 – reflecting a CAGR of 9.2% during the 10 year period from 2018 to 2028.

GlaxoSmithKline to Lead the Global Meningococcal Vaccines Market with About 50% Market Share Recorded in 2017

The global meningococcal vaccines market is highly consolidated, with GlaxoSmithKline and Sanofi together holding about 80% of the global market share in 2017. Pfizer is the third largest company in this market with just under 12% market share in 2017.

Companies are expanding their production capacities through the acquisition of established vaccines production units of other global or local companies.

Sanofi has a huge pipeline of 17 active meningococcal vaccines programmes and is targeting emerging markets; while GlaxoSmithKline has 5 active pipeline programmes for meningococcal vaccines, all of which are in the phase II clinical stage. Addition of the vaccine Bexsero has enabled GlaxoSmithKline to defend its brand against Sanofi’s aggressive portfolio in the paediatric vaccines space.

Competitive LandscapeLeading players operating in the meningococcal vaccines market are investing heavily in research and development for introducing new products. They have adopted various organic and inorganic growth strategies such as partnerships, advanced product launches and approvals, acquisitions, collaborations and mass awareness campaigns to expand their global footprint. For instance,

  • In April 2020, the U.S. Food and Drug Administration (FDA), approved Sanofi’s latest MenACWY (Meningococcal Group A,C,Y,W) conjugate vaccine “MenQuadfi” for the prevention of invasive meningococcal diseases in persons aged 2 years and older.
  • In August 2020, GlaxoSmithKline plc started the patient dosing in a phase III clinical programme investigating its 5-in-1 meningitis (MenABCWY) vaccine candidate compared to licensed meningococcal vaccines, Bexsero and Menveo. The Phase 3 study is aimed at evaluating the safety, tolerability and immunogenicity of GSK’s MenABCWY vaccine candidate.
  • In November 2020, European Commision (EC) approved MenQuadfi, a meningococcal conjugate vaccine for the prevention of invasive meningococcal diseases caused by Neisseria meningitidis serogroups A, C,W and Y for individuals 12 months of age and older.

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Key Questions Answered in the Report

What is the meningococcal vaccines market valuation?

What is the growth projection for Japan meningococcal vaccines market?

global eye tracking system market witnessed a high growth rate of 20.9% over the historical period of 2013 to 2022 to 2028.

[189 Pages Report] The global eye tracking system market is expected to be worth US$ 1.2 Bn in 2022, and is slated to close in on a valuation of US$ 4.9 Bn by 2028, rapidly expanding at a CAGR of 26.6% from 2022 to 2028.

Eye Tracking System Market Size (2022) US$ 1.2 Bn
Sales Forecast for Eye Tracking Systems (2028) US$ 4.9 Bn
Global Market Growth Rate (2022 to 2028) 26.6% CAGR
Share of Top 5 Eye Tracking System Providers 50%

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Eye tracking system sales accounted for around 28% market share of the global iris recognition market in 2021. Demand for mobile eye tracking systems is projected to rise at a CAGR of 28% over the assessment period of 2022 to 2028.

Eye Tracking System Demand Analysis (2013-2021) Vs Market Outlook (2022-2028)

The global eye tracking system market witnessed a high growth rate of 20.9% over the historical period of 2013 to 2022 to 2028.

Eye tracking devices provide a way to study human eye movements and derive insights on the underlying processes that influence human decision making.

Eye tracking systems gave a new way of communication to physically or mentally disabled patients and helped improve quality of life for them and their families and care givers.

Unbiased customer response data was now available from eye tracking systems, which de-layered decision making processes and provided insights on how customers see products.

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However, with evolving technology, new use cases are coming up and promise to provide lucrative new opportunities for eye tracking system providers.

Foremost among such new use cases for eye tracking devices are smartphones, gaming and AR/VR (augmented reality/virtual reality) segment. Smartphones have become ubiquitous today and integrating eye tracking software in smartphones has become a USP for high-end devices.

In combination with motion tracking, eye tracking systems have revolutionized the way gaming sector has developed from stationary consoles to active involvement gaming.

Development of AR/VR headsets and their use in a variety of applications is a huge potential market for eye tracking systems. Eye tracking system technology helps create unprecedented immersive experiences in AR/VR sector and also enhances technology developments of AR/VR headsets with benefits such as foveated rendering.

Unique benefits offered by smart eye tracking systems for consumer behavior research and academic & scientific research are fueling eye tracking equipment consumption.

Additionally, increasing demand for assistive communication devices for patients suffering from ALS, ALS, Autism, Rett syndrome, Muscular dystrophy, Cerebral palsy, Aphasia, Parkinson’s and other diseases are also helping the market growth.

Growing adoption of eye tracking systems for laser refractive surgery, rising use of eye tracking software, and latest advancements in eye tracking technology are driving market expansion.

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The global eye tracking system market is expected to rise at 26.6% CAGR across 2022 to 2028.

eye tracking system market

What are the Factors Driving Eye Tracking System Sales in North America?

North America is the largest market for eye tracking systems. The North American regional market is projected to account for 52.3% of the global market share in 2022.

High demand for smart eye tracking systems can be credited to the relative cost supremacy of the region. Rising adoption of sensing devices and contactless biometric technologies are the key factors contributing to the growth of the market.

Growing use of innovative eye tracking technology in the healthcare sector, as well as increased research initiatives, to better understand human behavior are driving the eye tracking market growth in North America.

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Country-wise Analysis

Why are There High Prospects for Eye Tracking Equipment Manufacturers in the U.S.?

The market for eye tracking devices in the United States is rising due to increased use eye tracking systems for laser refractive surgery. Majority of key industrial participants are based in the United States, and most of the developments take place there as well.

Significant prospects for eye tracking systems have emerged as a consequence of rising developments and advancements in technology in the automotive industry in the United States.

What is the Scope of Growth for Eye Tracking System Providers in China?

The market for eye tracking technology in China is expected to grow at the fastest rate throughout the forecast period. Rising use of vision tracing technology, particularly in consumer electronics, is expected to fuel eye tracking system sales in China.Eye tracking equipment demand is most likely to gain a significant boost in China by descending price points and an extending application base, especially in the academic research realm and multiple commercial areas.

Growing adoption of technology, increased R&D funding, and increased awareness of eye tracking technologies across the country fueling the shipments of eye tracking systems.

The market for eye tracking equipment is predicted to increase due to latest innovations in the consumer electronics and automobile sectors, particularly in China.

Digital Radiography Detectors Market is projected to expand at a CAGR of 6.1% and is expected to be valued at US$ 2,713.7 million by the end of 2026 : FMI

[271 pages Report] The digital radiography detectors market is valued at US$ 2.13 Bn in 2022. The market is advancing at an average pace with a CAGR of 6.1% through 2026 to reach a valuation of US$ 2.7 Bn. The worldwide market for digital radiography detectors is highly concentrated, with large competitors such as Varex Imaging Corporation and Trixell accounting for about 47% of the market share.

The global demand for digital radiography detectors is expected to grow at a robust pace over the eight-year forecast period, 2018-2026. As projected in a recently released market intelligence, Future Market Insights expects the global digital radiography detectors market to reach a valuation of US$ 2,713.7 Mn by 2026, exhibiting a promising 6.1% CAGR during 2018-2026.

Increase in number of radiography tests performed globally each year coupled with introduction of new and advanced imaging equipment by key market players will remain predominant factors pushing the demand for digital radiography detectors – with significant adoption of direct flat panel detectors. Moreover, considering distinct benefits over computed radiography (CR), charged couple detectors (CCD), and analog detectors (film based), digital radiography detectors are expected to witness high traction in the coming years.

New products that can be used to upgrade the current analog and CR detector systems to digital radiography systems—especially catering to small hospitals and imaging centers, is likely to accelerate the growth of digital radiography detectors market in the next eight years.

North America and Europe are likely to remain the dominant regions in the digital radiography detectors markets, attributed to growing demand for X-ray Detectors and strong geographical presence of major manufacturers, respectively. Moreover, manufacturers of digital radiography detectors are increasingly focusing on launching products in emerging countries considering an unmet demand for digital radiography detectors and significant dependence on analog (film based) detectors.

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Digital Radiography Detectors Market: Key Players

  • Varex Imaging Corporation
  • Thales Group
  • Agfa-Gevaert N.V
  • Onex Corporation (Carestream Health)
  • FUJIFILM Holdings Corporation
  • Analogic Corporation
  • Canon Inc.
  • DRTECH Corporation
  • Hamamatsu Photonics k.k.
  • KONICA MINOLTA INC.
  • Rayence Co. Ltd.
  • Teledyne Technologies Incorporated

The global market for digital radiography detectors is highly consolidated, with top players including Varex Imaging Corporation and Trixell holding close to 47% of the total market share. FMI expects key market players to focus on strategic acquisitions and collaboration and emphasis on cost effective product development, in addition to augmenting investments in product innovations and NPD.

A large number of players in the market are also investing in R&D and introduction of new products based on proprietary technologies, with focus on product differentiation. Moreover, shifting preference toward direct digital radiography (DDR) and a-Si detectors would present new market opportunities for emerging players working on innovative product offerings. Furthermore, imaging equipment manufacturers have an opportunity to improve their revenue stream by providing cloud storage services for medical imaging and information management, without scrapping of existing Picture Archiving and Communication (PACS).

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Promising benefits of using indirect conversion technique of the digital radiography (DR) technology which involves use of amorphous silicon (a-Si) photodiodes and cesium iodide (CsI) scintillators for X-ray detection is projected to drive the adoption of digital radiography detectors. The benefits of Si X-ray detectors, mostly used in dental CBCT and orthopedic imaging includes lower patient radiation dose, reduced exam time, lower noise, and increased efficiency. More advanced applications in Mammography imaging and breast CT have pushed key players to expand their product offerings, with designs and technologies specific to aforementioned imaging.

However, high cost of C-arms compared to traditional X-Ray systems could inhibit the adoption of Fluoroscopy Imaging Systems, especially in low and middle income countries with lower rate of healthcare expenditure. Additionally, new technologies with improved benefits such as improved spatial image resolutions, better image quality owing to lower pixel imaging, and increased cost-benefit ratios are projected to restrict the growth of digital radiography detectors market.

The global digital radiography detectors market is segmented on the basis of product type into:

  • Indirect Flat Panel Detectors
  • Direct Flat Panel Detectors
  • Computed radiography (CR) Detectors

The report analyses the digital radiography detectors market on the basis of panel size and presents the forecast in terms of value for the next 8 years. On the basis of the panel size, the global digital radiography detectors market is segmented into:

  • Large Area Detectors
  • Small Area Detectors

The report analyses the digital radiography detectors market on the basis of the modality and presents the forecast in terms of value for the next 8 years. On the basis of the modality, the global digital radiography detectors market is segmented into:

  • Portable Detectors
  • Fixed Detectors

The report analyses the digital radiography detectors market on the basis of the module type and presents the forecast in terms of value for the next 8 years. On the basis of the module type, the global digital radiography detectors market is segmented into:

  • Digital X-ray Systems
  • Retrofit X-ray Systems

Next, the report analyses the digital radiography detectors market on the basis of regions and presents the forecast in terms of value for the next 8 years. On the basis of regions, the global digital radiography detectors market is segmented into:

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Western Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Benelux
    • Nordic
    • Rest of Western Europe

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  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • Asia Pacific excluding China & Japan (APEJ)
    • China
    • India
    • Australia & New Zealand
    • ASEAN
    • Rest of APAC
  • Japan
  • MEA
    • GCC Countries
    • South Africa
    • Rest of MEA

Carpal Tunnel Release Systems Market 2020 Revenue, Opportunity, Forecast and Value Chain 2028

Accounting for around 4/5th of total revenue share, open CTR systems will remain the preferred treatment method throughout the forecast period. While open CTR systems have been the conventional approach to address CTS, they are likely to lose their share to endoscopic CTR systems in the near future. In line with surging demand for minimally invasive surgeries, endoscopic CTR systems are expected to garner prominence in the near future. Further, this study emphasizes maximum adoption of endoscopic CTR systems for treating CTS in 2022.

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In the upcoming research study on the Carpal Tunnel Release Systems market by Future Market Insights (FMI) is a valuable source of information for market players vying to establish a strong foothold in the current Carpal Tunnel Release Systems market landscape. The detailed assessment of the Carpal Tunnel Release Systems market offers domestic as well as international market players a clear picture of the prospective growth opportunities in various geographies.

The novel Coronavirus (COVID-19) has caused a slowdown in business activities of the Carpal Tunnel Release Systems market. With the help of our upcoming report, market players can gain important insights on alternative strategies that can help in revenue generation. Learn which countries are flourishing amidst the Coronavirus era and how your product offerings can reach the right target consumer. The leading factors that are likely to impact the growth of the Carpal Tunnel Release Systems market over the assessment period are thoroughly analyzed in the report.

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Various Segments of the Carpal Tunnel Release Systems Market Evaluated in the Report:

Product

  • Open CTR systems
  • Endoscopic CTR systems

End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics

Competitive Analysis

The competitive analysis chapter of the report sheds light on the major developments of the prominent players operating in the Carpal Tunnel Release Systems market. The report provides information related to the recent mergers, acquisitions, partnerships, and other strategic alliances within the Carpal Tunnel Release Systems market. Further, the pricing, sales, promotional, and marketing strategies of each company are enclosed in the report.

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Important queries addressed in the report:

  1. Which company is expected to dominate the Carpal Tunnel Release Systems market in terms of market share in 2019?
  2. How has the evolving regulatory framework impacted the growth of the Carpal Tunnel Release Systems market?
  3. Which application of the Carpal Tunnel Release Systems is anticipated to generate the maximum revenue during the forecast period?
  4. What are the current trends in the Carpal Tunnel Release Systems market?
  5. How are market players adjusting to the fluctuating prices of essential raw materials?

Crucial data that can be drawn from the Carpal Tunnel Release Systems market report:

  • The political and economic environment of different regions and their impact on the Carpal Tunnel Release Systems market
  • Growth opportunities for market players in the emerging markets
  • Current and future prospects of various applications of the Carpal Tunnel Release Systems
  • Y-o-Y growth projection of the different segments of the Carpal Tunnel Release Systems market
  • Impact of the various regulatory policies on the Carpal Tunnel Release Systems market in different regions

CBRN Protection Equipment Market Is Thriving With Rising Latest Trends 2029

A new Future Market Insights (FMI) study suggests that the global CBRN (Chemical, Biological, Radiological and Nuclear) protection equipment market will exhibit a healthy CAGR of more than 5% during the forecast period of 2019 – 2029. Greater emphasis of governments on enhancing safety of military forces constitutes a major push to global sales of CBRN protection equipment.

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Increasing production of bioweapons, bio-agents, as well as chemical weapons has strengthened the demand for CBRN filtration systems, integrated COLPRO systems, and decontamination shelter systems. Demand for personal protective equipment such as gloves, boots, body suits, masks, and hoods is also rising, in line with rise in precautionary training practices.

Key Takeaways – CBRN Protection Equipment Market Study

  • Personal protection equipment will continue to be bestselling throughout the forecast period. The rising focus on safety among military personnel has enhanced demand in countries such as the U.S., Canada, Germany, France, Italy, Spain, and the U.K.
  • Demand for integrated COLPRO systems is anticipated to multiply, with rising requirement from developed economies such as the U.S., the U.K., and Germany.
  • Decontamination shelter systems would gain significant traction, which will drive CBRN protection equipment market growth.
  • With increasing CBRN attacks in developing economies, especially at airports, the demand for immediate response has enhanced the mandate for frequent CBRN protection training. Such CBRN training practices will further drive the global CBRN protection equipment market growth in following years.
  • Rising investments in nuclear reactor projects, especially in countries like Russia, India, UAE, Turkey, China, and South Korea are expected to bolster demand for CBRN protection equipment.
  • Rapid growth in production of chemicals and bio agents has resulted in greater demand for safety awareness. Regulatory bodies have formed numerous regulations to improve safety awareness among public, which is expected to fuel the growth of the CBRN protection equipment market.

CBRN threats are rising as a result of amplifying tensions between nations such as the U.S., Iran, and Syria, creating an opportunity for investments in CBRN protection equipment. The rising need for customized CBRN protection equipment is expected to drive market growth positively in the coming years.

Large-scale Regional Players Dominating Competition Landscape

The report offers essential insights into the competitive scenario and market structure analysis of the CBRN protection equipment market along with the strategies of prominent market participants. Some key participants mentioned in the CBRN protection equipment market report are 3M (Scott Safety), Ansell LTD, Honeywell, AirBoss of America Corp., Indra Systemas SA, MSA Safety Inc., HDT Global, Drägerwerk AG & Co. KGaA, and Avon Protection Systems, among others.

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Moreover, the global CBRN protection equipment market is competitive due to the presence of regional and large-scale players. However, it has been moving towards competitiveness, with contract acquirements and ongoing mergers and acquisitions of prominent players. Additionally, regional players in emerging markets are focusing on increasing value-addition in their product offerings at competitive pricing.

What Lies Ahead?

Political and geographical unrest between certain nations are increasing due to nuclear and bio threats, resulting in increased awareness of CBRN attacks as well as precautionary and preventive measures. The deployment of safety measures and investments in training practices are projected to enhance the demand for CBRN protection equipment over the forecast period.

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Know More About Inclusions of CBRN Protection Equipment Market Report

A new market research report published by Future Market Insights (FMI) on the global CBRN protection equipment market includes global industry analysis for 2014–2018 and opportunity assessment for the 2019–2029. The report provides insightful analysis of the global CBRN protection equipment market through four different categories – product type, category, end use, and region. The CBRN protection equipment market report details current installed base, product adoption across different applications, prevailing trends and technologies being adopted in the manufacturing of CBRN protection equipment, life cycle analysis, and pricing analysis by different types of products.

Women Intimate Care Market Gain Impetus due to the Growing Demand over 2020-2030

Women intimate care products are steering into the beauty realm, transitioning from their traditional health and hygiene positioning. Future Market Insights (FMI) in its new publication has predicted the global women intimate care products market to surpass US$ 37 Bn by 2030.

From ubiquitous gels and creams to novel e-products, a plenty of options are now available, expanding the women intimate care products market by manifold. More recently, the shift to organic and greener hygiene care products has made manufacturers realize the true potential of the market.

Women Intimate Care Products Market

Therefore in order to strengthen their foothold in the market most companies are seeking certifications from international organizations such as the the USDA, the ICEA, the Soil Association, the BDiH, CosmeBio, Ecocert among others.

Since better access to information has rendered consumers conscientious, there is immense focus on launching plant-based and organic intimate care products. Spurred by these factors, FMI predicts the women intimate care products market to rise at a CAGR of 4% between 2020 and 2030.

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Key Takeaways from the Women Intimate Care Products Market Study

  • East Asia is forecast to exhibit above global average growth rate. Rising awareness about the importance of maintaining menstruation hygiene among women, steered by government initiatives is enabling growth in this region
  • Hair removal segment is estimated to dominate the women intimate care products market among product types with at least 700 bps higher than the next important category
  • Intimate hair washes segment is expected to witness 2 times higher growth than other product types
  • Sales via online sales channel is expected to continue demonstrating impressive growth. FMI projects online sales to rise at nearly 5% CAGR between 2020 and 2030
  • Mid-price range women intimate care products to enjoy higher sales across the world

Innovative Designs and Higher Acceptance are Boosting Liner Sales in Intimate Care Products Market

With increasing awareness about menstrual and personal hygiene, the women intimate care products market is witnessing higher demand for liners. FMI foresees the sales uptick to continue in response to the rising population of working women.

Women’s inclination towards trying novel and more sustainable products while discarding their conventional counterparts has spurred innovations in panty liners. Besides launching biodegradable versions, manufacturers are innovating liners in different shapes and sizes with portability options, reveals the report.

Besides this, the market is exhibiting ample focus on raw materials used for production. For instance, producers are have launched 100% organic cotton panty liners to reduce impact on nature. Chemical free menstrual products for instance are currently in high demand.

Manufacturers are therefore focusing on launching new products in accordance with the changing need of the customers. This is one of the chief factors driving the women intimate care industry.

 “Sales representative of key companies are interacting with doctors and are engaged in educating women about the necessity of intimate care products for personal hygiene. Thus, prescription-based hygiene products are significantly gaining popularity among customers,” said a lead analyst at FMI.

A Consolidated Market

Some of the key players operating in the global women intimate care products market are Kao Corporation, The Procter and Gambler Company, Unicharm Corporation, Uniliver PLC and others. These companies are focusing on offering innovative products based on good quality materials to meet the demand for toxic-free intimate care products.

Some of the key players are also prioritizing acquisition and collaborations:

  •  In 2018, The Procter and Gambler Company had acquired Walker & Company Brands, a start-up making health and beauty products for strengthen its company portfolio.
  • In 2019, The Procter and Gambler Company acquired ‘This Is L.’- feminine care brands in the U.S. to gain strengthen its market position.
  • In 2018, Kao Corporation had acquired Washing Systems, LLC to strengthen professional-use products business.

Get Valuable Insights into Women Intimate Care Products Market

Future Market Insights, provides an unbiased analysis of the global women intimate care products market in its new offering, giving historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the women intimate care products market based on age group (20-25 years, 12-19 years, 41-50 years, 26-40 years, and 51 years & above), product type (liners, oils, masks, moisturizers and creams, intimate washes, gels, foams, hair removal [razors, depilatories, wax], wipes, exfoliators, mousses, mists, sprays, e-products, and others), sales channel (Offline and online [hypermarkets/supermarkets, beauty salons, drug stores, and others [specialty stores, and departmental stores]) user type (women with child and women without child), and price range (economy, mid-range, premium), across seven major regions.

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WOMEN INTIMATE CARE MARKET TAXONOMY

The global women intimate care market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Product

  • Intimate Washes
  • Liners
  • Oils
  • Masks
  • Moisturizers & Creams
  • Hair Removal
    • Razors
    • Wax
    • Depilatories
    • Wipes
  • Gels
  • Foams
  • Exfoliants
  • Mousses
  • Mists
  • Sprays
  • E-Products
  • Others

Age Group

  • 12-19 Years
  • 20-25 Years
  • 26-40 Years
  • 41-50 Years
  • 51 and Above

User

  • Women With Child
  • Women Without Child

Sales Channel

  • Online
  • Offline
    • Hypermarkets/Supermarkets
    • Drug Stores/ Pharmacies
    • Beauty Salons
    • Others (Departmental Stores, Specialty Stores, etc.)

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle-East and Africa

Handheld Marijuana Vaporizers Market Scope of Current and Future Industry

The increasing use of marijuana for medical purposes is driving the demand for laboratory testing services. The marijuana plant contains chemicals (cannabinoids) which helps to treat a range of illness such as HIV/AIDS, multiple sclerosis (MS) etc. Legalization of marijuana for medical usage by governments is further anticipated to boost the handheld marijuana vaporizers market. Furthermore, shifting trend towards the usage of vaporizers has increased the demand for handheld marijuana vaporizers. Handheld marijuana vaporizers are surging in popularity owing to its portable nature, discrete method of consumption, and convenience. In 2019, worldwide sales of handheld marijuana vaporizers, mostly contributed by conduction vaporizers saw an upswing, as compared to convection vaporizers. On the back of these factors, the global handheld marijuana vaporizers market is estimated to be valued at ~US$ 5 Bn in 2019 and expected to expand at a CAGR of ~19.0% during the forecast period of 2019-2029.

Handheld Marijuana Vaporizers Market

Stringent Government Regulations across Regions to Impede Handheld Marijuana Vaporizers Market

Strict rules and regulations related to marijuana usage in various countries is anticipated to be a restraining factor for the growth of the handheld marijuana vaporizers market. According to the American Civil Liberties Union, marijuana arrests account for more than half of all drug arrests in the United States. This restrains the growth of the handheld marijuana vaporizers market, particularly in the Middle East and some parts of Asia Pacific where it is banned. Besides, availability of low cost substitutes is also expected to impact the growth of the market during the forecast period.

Key Takeaways of Global Handheld Marijuana Vaporizers Market

  • North America is expected to lead in the global handheld marijuana vaporizers market due to the presence of good medical infrastructure and accelerated growth in medical research activities.
  • Conduction vaporizers are gaining popularity vis-à-vis convection vaporizers owing to its beneficial properties such as low product price, size and portability. Conduction vaporizers accounted for ~82% in 2018.
  • Offline sales of handheld marijuana vaporizers will gather momentum during the forecast while online sales channel will see a rapid growth trajectory at a CAGR of (~16.5%). Handheld marijuana vaporizers are relatively new in the market and require certain permits which will limit its availability through online channels.

“The demand for marijuana vaporizers will see a high growth owing to higher demand for concentrates. Sales of marijuana flowers may drop in the future but vaporizers’ sales will keep increasing as vape pens work with non-psychoactive CBD, concentrates, vape oil and dry herbs.” says the FMI analyst

Who is Winning

The report highlights some prominent players in the global handheld marijuana vaporizers market are Davinci Vaporizers, PAX Labs Inc., etc. Companies are investing in R&D to come up with innovative products in handheld marijuana vaporizers category. For instance,

  • Firefly, a weed tech startup in California offers smart vaporizers (Fitrefly 2+) of ~US$ 250 which can regulate the cannabis temperature with app enabled precision and produces zero waste.
  • Now companies are continuously adding new features or technology such as one-button control, ceramic heating chamber, smartphone app compatibility, removable battery etc.

More Valuable Insights on Handheld Marijuana Vaporizers Market

Future Market Insights, in its new offering, provides an analysis of the global handheld marijuana vaporizers market, presenting historical demand data (2014-2018) and forecast statistics for the period of 2019-2029. The global handheld marijuana vaporizers study reveals compelling insights on the basis of product (convection vaporizers, conduction vaporizers), charger type (USB, Micro USB), temperature control (fixed & variable), and sales channel (online, offline) across seven major regions.

HANDHELD MARIJUANA VAPORIZERS MARKET TAXONOMY

The global handheld marijuana vaporizers market is segmented in detail to cover every aspects of the market and present a complete market intelligence approach to readers.

Product

  • Convection Vaporizers
  • Conduction Vaporizers

Charger

  • USB
  • Micro USB

Temperature Control

  • Fixed
  • Variable

Sales Channel

  • Online
  • Offline

Region

  • North America
  • South America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

 

Mining Lubricants Market Anticipated to Grow at a Significant Pace by 2020-2030

Future Market Insights, in its incisive study on the mining lubricants market, opines that the market is slated for 3.3% growth through the forecast period (2020-2030). Growing investments in Asia Pacific are likely to offset subdued growth in key markets, with coal and iron ore mining sector driving demand.

Manufacturers are working on product differentiation strategies to develop lubricants that have prolific anti-friction properties, high pressure additives and the correct anti-wear agents. Sharper profit margins are underpinned by lubricants used in equipment such as coal crawler excavators.

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Key Takeaways of Mining Lubricants Market Study

  • The mining lubricants market is slated to reach US$ 2.98 Bn by 2030
  • High performing lubricants and greases are growing in demand as covid-19 tightens operating costs
  • Coal mining largest application avenue, accounting for over 50% mining lubricants market share
  • Open pit mining is heightening the adoption of loaders, roof bolters, draglines and haul trucks thus boosting demand for lubricants
  • Bio-based lubricants pipped as a log-term solution, but current market dynamics in favor of synthetic variants

For mining companies, operational and maintenance costs account for a significant share. Increasing awareness among companies about the proper usage of lubricants has decreased the maintenance cost of equipment. Moreover, it has also helped companies to avoid unexpected shutdowns”, says an FMI analyst.

Mining Lubricants Market – Competition Landscape

Technological advancements in lubricants is acting as a catalyst for mining lubricants market players to move up the value chain. The mining lubricants marketplace remains moderately fragmented, with Shell, Exxonn Mobil and Chevron as the traditional triumvirate. With size of mining equipment undergoing a seismic shift, manufacturers are strategizing to come out with differentiated offerings that lower maintenance costs.

  • Schaeffer, a privately held US company specializing in heavy duty lubricants, has demonstrated the capability of extending working time of mining equipment by several hours. Besides this, the company’s lubricants create a highly durable shield thus reducing metal-to-metal contact and friction
  • Total, on the other hand, closely collaborates with its mining company clients, advising them on correct lubricant storage solutions. It recommends the first in, first out approach thus reducing costs on obsolete inventories by as much as 6% – 19%
  • Exxon Mobil, in the year 2019, expanded its refinery at Singapore for better upgradation of Group II lubricants stock to remain competitive in the market

COVID-19 Impact on Mining Lubricants

In the first quarter of 2020, lubricant players have bore the brunt of the COVID-19 crisis as the virus rampaged across China, Europe and North America. Many had to fully or partially shut down operations. Sales of lubricants were down by as much as 70%-75% in Asia Pacific. Industry experts predict a gloomy outlook for the near term as it will take a few quarters for the market to come back to normalcy.

With lockdowns in force in Europe, Asia and North America, there has been a cessation in mining activity. Consumption of lubes has dropped and many lube refiners are being forced to cut down their throughput by at least 20%-30%. The daily global oil demand is also set to shrink by a few million barrels leaving an unpleasant residual impact on the mining lubricants market. The use of inventories to meet pending demand and cash reserves will help lubricant manufacturers to sail through this turbulent time in the short-term.

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Want to Know More?

Future Market Insights has published a market research report on the Mining lubricants market that contains global industry analysis for 2015–2019 and opportunity assessment for 2020–2030. The report provides insightful analysis of the Mining lubricants market through four different segments- product type, source, application, and region. The Mining lubricants market report also provides demand trends of different types across industry verticals, a comprehensive list of service providers in the market, various projects around the world, along with a detailed overview of the parent market.

Mining Lubricants Market: Taxonomy

Product Type

  • Oils
  • Greases

Source

  • Synthetic
  • Bio-based

Application

  • Coal Mining
  • Iron Ore Mining
  • Bauxite Mining
  • Precious Metal & Rare Earth Mineral Mining
  • Industrial Minerals Mining
  • Others

Region

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

Galacto Oligosaccharide (GOS) Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2029

The worldwide galacto oligosaccharides market has been estimated to have a value of US$ 621 million, and grow with a healthy CAGR of ~7.7 %. Increased focus on improvements to the infant nutrition industry to boost gut health and immunity has given a boost to the market, according to Future Market Insights.

Major companies are focusing on research and development to bolster product portfolios, while being in sync with the current trends of the industry. This in turn is expected to support the expansion of the GOS market through the forecast period of 2019-2029.

“Companies need to focus on newer emerging applications in adult nutrition and animal feed. Since the production of GOS is concentrated only in a few countries, companies need a stronger distribution network and sales channels for timely delivery of products to end-user industries,” says the FMI analyst.

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Key Takeaways of the Galacto Oligosaccharides Market Study

  • Galacto oligosaccharide is used primarily as a prebiotic ingredient accounting for more than 96 % of the overall market share. While still in a nascent stage, the function of GOS as a sweetener is projected to grow at an impressive CAGR nearing 11 % through the forecast period.
  • In terms of end user industries, most galacto oligosaccharides products are used in the food and beverage sector, for human consumption, most of which goes into formulations of dietary supplements, followed by dairy products. The use of GOS in animal feeds is fairly new. However this end use application will grow by a strong CAGR of 8.7 %.
  • Europe is the largest market for galacto oligosaccharides accounting surpassing 40 % of the overall market. On the other hand, the APEJ region currently accounts for more than 25 % of the global market is rising at a CAGR surpassing 9.5 %, owing to higher awareness about prebiotics and the development of plant based GOS.
  • Pharmaceutical and personal care applications are also expected to go up with a strong CAGR approximating 8.4 %, with the growth of the nutraceuticals sector, and consumer inclination towards probiotics and prebiotics.
galacto oligosaccharide gos market by region

Galacto oligosaccharide GOS products are primarily available in powders and liquid formulations. Of these liquid GOS products are projected to dominate the industry with over 62 % of the global market share through the end of 2029. This can be attributed to a wider spread of applications including products such as fermented milk, yogurt, and more. On the other hand, powdered galacto oligosaccharides are anticipated to grow at a faster rate owing to increased adoption in nutraceutical and infant food formulations.

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Get Valuable Insights into Galacto Oligosaccharides Market

Future Market Insights, in its latest report, presents an unbiased analysis of the global galacto oligosaccharides market, covering historical data and forecast figures for the period between 2019 and 2029. The study provides insights into the growth witnessed in the market. In terms of product type, the market is bifurcated into liquid and powder. On the basis of primary function, the market is split between prebiotic and sweetener. Based on end user, the market can be segmented into food and beverages, pharmaceuticals and personal care, and animal feeds. Regionally, the global market can be segmented into North America, Latin America, Europe, APEJ, Japan, and the Middle East and Africa.