Market Research Blog – Page 15266 – New Product Development

Global Gypsum Market to reach US$ 7.4 Bn by 2031 – FMI

The global gypsum market is estimated to expand at 6.2% CAGR over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent market analysis. Domestic consumers of gypsum are expected to remain dominant end users. This can be attributed to expansion of key end-use industries such as the construction sector, especially in emerging economies.

Gypsum is a vital construction material and is used widely in Portland cement, building plaster, and several other construction products. The construction industry is a primary end user in the gypsum market and growth of the construction industry has a direct impact on the growth of the gypsum market.

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In the construction industry, gypsum is used for several applications such as in the production of cement, plaster, drywall manufacturing, and others. Growth in construction industry is expected to elevate the consumption of gypsum over the forecast period.

Outbreak of novel corona virus has obstructed the global economy at various levels. With the consecutive waves of COVID-19 pandemic and stricter governmental regulations imposed to stop its further spread economy graph witnessed negative slope. Demand for gypsum was also impacted heavily by COVID-19 outbreak owing to disturbance in supply chain network and complete halt on production and construction activities.

“Consistently growing demand for construction products especially cement is expected to bolster the sales of gypsum over the assessment period of 2021-2031,” says an FMI analyst.

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Key Takeaways:

Global gypsum market is expected to reach a value over US$ 7 Bn by the end of the forecast period growing at a CAGR of 6.2% through 2031.
The cement industry is key consumer of gypsum owing to the increasing use of gypsum in the production of cement.
East Asia is expected remain dominant both in terms of production and consumption of gypsum owing to strong presence of end users in the region.
Rising disposable income of population is expected to elevate spending on interior decoration activities across the globe, which in turn is anticipated to be key factor bolstering the sales of gypsum in Interior decoration industry
China is the dominant producer of crude gypsum followed by the United States and other countries.
India exhibits huge growth potential in the gypsum market owing to rising government initiatives adopted to encourage infrastructure development, which are subsequently driving cement production.

Competitive Landscape

Key participants in the global gypsum market elaborated in the report includes Azko Nobel, Sherwin Williams Company, Asian Paints Ltd., Nippon Paints, Valspar Corporation, Jotun, BASF-SE, RPM International Inc., KANSAI Paints Co., Ltd. and Berger Paints.

Manufacturers involved in the production of gypsum are laying emphasis on expansion by establishing new plants that will help them to increase their production capacities and gain access to new distribution networks, which is expected to increase their customer base.

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Moreover, several manufacturers are engaged in strengthening their product portfolio by strategic acquisition and mergers to attract maximum consumer base.

In line with this, in March 2020, Knauf AG announced plans for a second gypsum wallboard production line in Bukhara, Bukhara region. The plans also include an investment of US$ 2.4 Mn in an additional gypsum mixture line at its Bukharagips plant.
In August 2021, the company announced acquisition of Southwest Rock Products. This acquisition helps company to develop its construction product portfolio

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Global Revenue Sales of Tipper Body Equipment to Reach US$ 4,996.7 Mn by 2026 : FMI

In a recent market outlook titled “Tipper Body Equipment Market: Global Industry Analysis and Opportunity Assessment 2016–2026,” Future Market Insights provides in-depth analysis of the global market for tipper body equipment within a 10-year forecast period, 2016-2026.

Over the decade, the market is likely to exhibit a value CAGR of 4.2%. According to Future Market Insights, the market worth US$ 3,324.4 Mn will possibly cross US$ 4,000 Mn in 2021 and will gain a slight uptick to reach US$ 4,996.7 Mn by the end of 2026. The overall growth outlook seems to be moderate.

Global Tipper Body Equipment Market: Segment-wise Insights

By tipping type, rear tipper body segment will continue to dominate, accounting for over 62% share in terms of value in 2026. This segment will possibly gain 270 BPS over the assessed period, expanding at a CAGR of 4.6% over 2016-2026. The second largest segment will be three-way tipper body.

Based on load-carrying capacity, 15-30 tons segment will lead, capturing roughly 65% market value share in 2026. Gaining around 140 BPS, this segment will demonstrate the fastest growth through 2024. Although below 15 tons segment is expected to be the second largest in terms of revenues, the 30 tons and above segment will witness a relatively higher CAGR.

By mechanism, hydraulic segment will remain dominant over pneumatic segment, accounting for over 87% share of the global market value in 2026. Both the segment will however witness moderate growth over the assessment period.

On the basis of frame material, steel will continue to rule, reaching US$ 4,223 Mn by 2026 end that is likely to account for nearly 85% share of the total market revenues. Aluminum will remain the second largest segment.

By end-use, mining and construction will continue to dominate other segments during the next decade. While consumption by mining sector will possibly capture over 32% share in 2026, revenues from construction segment are foreseen to account for more than 28% share of the market value in 2026. Waste management is projected to be the third largest segment.

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Global Tipper Body Equipment Market: Regional Insights

Regional analysis of the global tipper body equipment market by Future Market Insights indicates that Asia Pacific (excluding Japan), North America, Latin America, and Europe will be the key markets throughout the next decade.
APEJ, driven by China and India, is projected to dominate with more than 28% value share at the end of assessed period with a gain of 180 BPS.
North America will remain the second largest regional market that is expected to bag over 23% share in 2026.

Global Tipper Body Equipment Market: Key Vendor Insights

Among some of the key companies operating in the global tipper body equipment market landscape, Schmitz Cargobull AG and Hyva Global B.V. are likely to continue representing leading revenue shares over the forecast period.
Other notable players include Crysteel Manufacturing Inc., Thompsons (UK) Ltd., BION INDUSTRIAL LLC, and F.X. MEILLER.
While a majority key players are strategising new product launches, collaborations, and joint ventures, others are focusing more on production capacity expansion and acquisitions.

Global Tipper Body Equipment Market: Overall Dynamics

With growing urbanisation and booming construction and mining sectors, the demand for tipper body equipment is expected to be maintained over the next few years. Steady demand from waste management sector will also provide a push to the market for tipper body equipment. Moreover, technological innovation in tipper body products, such as redesigning of the driver’s cabin in tipping equipment and vehicles to provide an operating experience as convenient as possible, is also anticipated to favor the sales in near future.

Growing use of advanced telematics systems by manufacturers is expected to remain one of the important market drivers over the decade. Rapid adoption of automation is identified to be another key factor that will potentially drive the market growth during the assessment period. Relatively higher fuel consumption and negative environmental impact of tipper equipment and vehicles will continue to challenge market growth over the next decade.

In addition, cost-intensive capital and high maintenance will also remain the long-term restraints for market growth. However, high initial costs of purchasing tipper body equipment is subsequently boosting the establishment of tipper rental businesses and compelling those that are already established to become more organised to cater to a growing trend of rental tipper body equipment.

Another remarkable trend driving the market includes development of cost-competitive products to maximise penetration in emerging economies, such as China, India, and South Africa. Development of effective tipper body equipment with enhanced load-carrying capacity and provision of efficient buyer and drivers’ training by manufacturing entities are likely to present lucrative growth opportunities. While product development with advanced diagnosis systems can be a key to sustain relatively mature markets, such as North America and Western Europe; massive potential lies in developing countries, including BRIC nations.

About Industrial Automation Division at Future Market Insights

The Industrial Automation & Equipment division at FMI adopts a novel approach and innovative perspective in analyzing the global machinery and industrial automation market. A range of FMI’s market research reports offer comprehensive coverage of capital, portable, process, construction, industrial, and special purpose machinery used across manufacturing sector. The team also conducts distinctive analysis about installed base, consumables, replacement, and USP-feature application matrix, making us a prominent voice of authority in the industry. We are associates of choice for established as well as budding industry

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Covid-19 Impact On High Pressure Processing Equipment Market Research Report 2020-2030 : FMI

In its latest report, Future Market Insights (FMI) has identified few of the major trends governing the overall market for high pressure processing equipment (HPPE). In brief, rapid adoption of high pressure processing technique among premium juice manufacturers, automation and technological innovation and growing number of HPP tolling service providers are playing a major role in shaping the market trajectories currently.

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Hiperbaric S.A — Most Successful Player in Recent Years

According to the report, Hiperbaric S.A a prominent manufacturer of high pressure processing equipment is the current leader in the global market as the company’s hold over the North American region is substantially strong.

FMI’s Insights on Growth Factors High Pressure Processing Equipment Market

FMI indicates that the growing demand for processed, packaged and ready-to-eat food products worldwide is encouraging the use of high pressure processing equipment in food and beverage industry.
Growing health concerns and increasing awareness amongst consumers on health benefits from “clean label” food is projected to influence the market growth during 2016 to 2026.
Implementation of stringent regulatory norms pertaining to food safety, especially in North American and West European countries are compelling food processing companies to install efficient HPP equipment in processing plants.

The adoption rate of HPP equipment for cold pasteurisation in F&B industry is one the major parameters based on which the global market size has been calculated. FMI forecasts the global high pressure processing equipment market to witness a CAGR of over 13 % in terms of value and a CAGR of 12.3% in terms of volume between 2016 and 2026. The US$ 133.5 Million HPP equipment market is estimated to create an incremental $ opportunity of over US$ 350.5 Million during the assessment period.

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Global High Pressure Processing Equipment Market: Segmentation

Region

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

Application

Fruits & Vegetables
Juice & Beverages
Meat
Sea Food
Other

Product Type

Below 100 Litres
100 Litres-300 Litres
Above 300 Litres

Vessel Arrangement

Vertical
Horizontal

Horizontal Vessels — Leading Arrangements Type Segment

Based on vessel arrangements type, the horizontal vessel is expected to be the predominant segment of the market in terms of value over 2026. Growing demand for horizontal vessel arrangements is expected to make a significant contribution to the overall market growth. Horizontal vessels possess easy loading and unloading operations with a high volume capacity, hence, have a higher preference in the market.

By applications, the meat is the largest segment in the market both in terms of value and volume. Whereas, the juice & beverage segment is anticipated to witness the fastest growth in terms of value during the forecast period.

Based on capacity, demand for above 300 litres vessels or containers is expected to gain traction over the next couple of years. Despite their high cost, above 300 litres vessels segment is projected to register a strong CAGR due to their high holding capacity.

Based on the regional analysis, the market in North America will continue to lead the pack during the forecast period. In 2016, the region accounted for over 40% share of the market followed by Europe. In addition, both the regions collectively accounted for nearly 75% share of the market in terms of value in 2016. Owing to a substantially high demand for HPP equipment from tolling services providers and their growing application base across various end-use industries, the HPP equipment market is flourishing in the region of North America. In Asia Pacific, particularly China is set to witness a robust adoption of HPP equipment in various industrial domains over the next few years.

Competitive Dashboard

Apart from Hiperbaric S.A, Stansted Fluid Power Ltd, Multivac Group, Bao Tou KeFa High Pressure Technology Co., Ltd, Avure technologies, and Kobe Steel, Ltd., are some of other key players operating in the global market for high pressure processing equipment.

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Electrical Testing Services Market will total US$ 6.8 Bn in 2021, Exhibiting 7.1% CAGR through 2031

Electrical testing services market is set to be valued at US$ 6.8 Bn in 2021 with a stable long-term projection, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. The report forecasts the electrical testing services market to grow at nearly 7.1% CAGR during 2021-2031.

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Due to the economic impact of COVID-19, the demand for electrical testing services declined in 2020. Nevertheless, as economies get back on track, it will lead to recovery of operations across various industries. In turn the demand for electrical testing services will grow.

Technological advancements in electrical services have resulted in greater complexity in maintenance work and services. Therefore the demand for electrical testing services designed to complement complex industrial network will rise in the coming years.

Key Takeaways of North America Electrical Testing Services Market Study

In terms of service type, the demand for transformer testing and circuit breaker testing will remain considerably high through the forecast period.
The U.S. will emerge as a highly lucrative market, accounting for maximum demand for electrical testing services in North America.
Industrialization in China, will support expansion of the electrical testing services market in Asia Pacific.
Favorable government policies and expansion of power generation stations will continue supporting growth in India.

“Surge in the demand for more efficient electrical devices and electrical machinery in various sectors will present attractive scope for sales of electrical testing services. In order to gain competitive strength, the market players are expected to focus on expanding their footprint in emerging markets” says a FMI analyst.

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India Electrical Testing Services Market Taxonomy

To understand and assess opportunities in the India Electrical Testing Services market, we have divided the report into two sections based on market segmentations as under

By Service Type

Transformer Testing
Circuit Breaker Testing
Protection Testing
Battery Testing

By End User

Power Generation Stations
Transmission and Distribution Stations
Steel Plants
Major Refineries
Railways

Competitive Landscape

The market is moderately consolidated, with key players accounting for more than half of the market share. These players are likely provide long-term service guarantee with annually maintaining contract. Some of the key players in the market are Schneider Electric, Siemens AG, Eaton Corporation plc, General Electric Company, ABB Inc., RESA Power LLC, Voltech Engineers Pvt. Ltd., DNV GL, Dobel Engineering Company, Power Products & Solutions, American Electrical Testing, Haugland Group LLC, Dekra, TCS Electrical Co., Phase One Electric, Intran, GEM Electrical Services and Electric Power Systems.

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Global Electrical Testing Services Market Projection

Electrical Testing Services market is likely to grow at a moderate pace during 2021-2031. As the market have competition intensity due to the offered service rate and durability of service from recognized service team. Due to the new technological evolvement in the testing equipment it makes easier for service/testing person to do it more efficiently. The companies are providing AMC for their products only due to compatibility of the parts/material used.

Home Respiratory Therapy Market Latest Advancements and Business Opportunities 2031

Home Respiratory Therapy Market Overview

The assistance and help provided by the respiratory therapist to people suffering from problems related to lung function and breathing as a part of respiratory care is respiratory therapy. Home respiratory therapy basically means the respiratory therapy is provided within the settings of an individual’s home.

The emergence of home care in the respiratory therapy has opened new growth opportunities for respiratory services as well as respiratory devices. There have been a major shift towards homecare respiratory therapy in the last few years.

In addition, the outbreak of Covid-19 has a major impact on the home respiratory therapy market. The impact is however positive and has led to the growth of the market. Moreover, it has led to some prominent steps taken by the healthcare system in order to help the patients with respiratory diseases.

One such instance is the temporary FDA approval for home administration omalizumab for pateints with moderate to severe asthma.

Home Respiratory Therapy Market: Drivers and Restraints

The rise in respiratory disorders in developed countries is the major factor driving the growth of the home respiratory therapy market. According to the WHO, in 2017, About 235 million people suffered from asthma, a common disease among children.

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Another factor that is expected to propel the growth of the home respiratory therapy market is rising geriatric population as aging declines the effective functioning of the lungs. This makes the geriatric population more vulnerable of developing respiratory diseases.

The rising preference of individuals to avoid hospitalization and get treatment within the home care setting is majorly contributing towards the growth of the home respiratory therapy market.

The convenience and comfort in the home care setting is attributed towards the growth of the home respiratory therapy market. Furthermore, the rising awareness about the respiratory diseases in developing countries will boost the growth of the home respiratory therapy market.

The high cost of respiratory therapy in the home care setting as compared to therapy cost in hospitals will restrain the growth of the market. The limited availability of skilled professionals to operate in developing countries may also hamper the growth of the home respiratory therapy market.

Home Respiratory Therapy Market: Overview

Based on application, the chronic obstructive pulmonary disease (COPD) is expected to hold the largest market share due to its high prevalence. According to forum of International respiratory societies, chronic obstructive pulmonary disease (COPD) is the third leading cause of death worldwide

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In the age group segment, the geriatrics will account for the highest revenue share. This can be attributed towards the rising respiratory cases among geriatric population. The geriatric and pediatric population is also more prone to infections. Thus, this will result in opting for respiratory therapy in the home care setting to avoid hospital acquired infections.

Home Respiratory Therapy Market: Key players

Some of the players identified in the Home Respiratory Therapy Market include:

Genesis Rehab Services
West River Health Services
Fisher & Paykel Healthcare Limited
Medtronic plc
Dräger Safety AG & Co. KGaA
ResMed, Inc.
GlaxoSmithKline Plc
Merck & Co Inc
AstraZeneca Plch
F Hoffman-La Roche Ltd.

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

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

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

Home Respiratory Therapy Market Report Highlights:

Overview of Global Healthcare Market
Evolution of the technology
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.

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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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Single Dose Radiotherapy Market to Garner Brimming Revenues by 2031

Single Dose Radiotherapy Market Overview

Single dose radiotherapy has been pitched as an alternative to the conventional radiotherapy for cancer treatment. It has many advantages like less number of visits to the clinic, affordability, less side effects among others.

The COVID-19 pandemic has caused ripples in all the industrial sectors including healthcare. The effects of this on the global single dose radiotherapy market delay in therapy procedures, delay in equipment procurement due to choked supply chain, shortage of labor among others. COVID-19 burden on the hospitals might also result in various effects like diversion of funds and staff to deal with COVID patients which would eventually affect the global market of single dose radiotherapy.

Single Dose Radiotherapy Market : Drivers and Restraints

The most significant driver for the global single dose radiotherapy market would growing prevalence of breast cancer globally. Another driver for the global single dose radiotherapy market would be the cost effectiveness of the therapy since there would be no multiple sessions.

Increased therapy adoption due to reduced side effects after the radiation therapy would be another driver for the global single dose radiotherapy market. Studies proposing that single dose radiotherapy is as efficient as conventional therapy in breast cancer patients will generate greater awareness among the people thereby driving the global single dose radiotherapy market.

Furthermore, technological advancements in the therapy equipment to increase precision and efficacy will also result in propelling the global single dose radiotherapy market. The lack of skilled work force to carry out the single dose radiotherapy in the developing world can be a restraint for the growth of the global single dose radiotherapy market.

Additionally, lack of general awareness about single dose radiotherapy might add to the list of challenges for the growth of the global single dose radiotherapy market.

Single Dose Radiotherapy Market: Overview

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The global single dose radiotherapy market is set to register robust growth owing to the increased incidences of breast cancer cases worldwide. According to WHO report, breast cancer is the most common type of cancer impacting women with around 2.1 million women being affected by it per year.

Based on the therapy type segment, external beam radiotherapy segment is expected to register steady growth in the global single dose radiotherapy market. This is due to the fact that it is the most precise and accurate in terms of tumor targeting along with reduced risk of exposure to radiation.

Based on the end users segment, multi-specialty hospitals may be estimated to be the most lucrative segment in the global single dose radiotherapy market owing to increased number of equipment installations and patient preference.

Single Dose Radiotherapy Market: Key Players

The key players for the global single dose radiotherapy market

Varian Medical Systems
Accuray
Elekta
Ion Beam Applications
IsoRay Medical
ViewRay
Hitachi
Provision Healthcare
Mevion Medical Systems
Panacea Medical Technologies

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.

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The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

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

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Europe (Germany, U.K, France, Italy, Spain)
South Asia (India, ASEAN Countries)
East Asia (Japan, China & South Korea)
Oceania (Australia & New Zealand)
Middle East and Africa (GCC Countries, South Africa, Northern Africa)

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

Report Highlights:

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

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Vascular Dressings Market is expected to witness steady growth during the forecast period of 2020-2030

Vascular Dressings Market Overview

Vascular dressings are the dressing used for protection of vascular site having injury. Vascular dressings are also known as intravenous site dressings as these are used to prevent infections that can occur in the insertion site.

These are important since the IV sites are prone to bacterial and viral infections. Vascular dressings are used not only to prevent infection at the site but also to secure the line in place for better management.

The other common usage of vascular dressings are securing catheter sites, securing surgical incisions, minor burns, superficial wounds like abrasions. Vascular dressings help the excess moisture to release while keeping a moist wound healing environment which is required for healing of the wound.

The COVID-19 pandemic has caused ripples in all the industrial sectors including healthcare. The effects of this on the global vascular dressings market could be suspension of manufacturing process, delay in raw material procurement, delay in supply chain logistics, shortage of labor among many others.

COVID-19 crisis resulted in many hospitalizations which in turn would have resulted in inflated demand for vascular dressings. Hence, COVID-19 has affected the global market of vascular dressings both positively and negatively.

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Vascular Dressings Market: Drivers and Restraints

The major driver for the global market of vascular dressings will be hospital acquired infections at needle site. For instance in the United States, approximately 9.2 out of each 100 hospitalized persons contact a nosocomial infection.

Hospitalizations generally lead to needle insertion wound which would require vascular dressings. Hence rising road accidents, rising birth related hospitalizations, growing chronic diseases related hospitalizations will all contribute in the growth of the global vascular dressings market.

Another driver for the growth of the global vascular dressings market could be rising occurrence of epidemics of infectious diseases which result in hospitalizations. Accessibility and affordability in the remote parts of the underdeveloped parts of the world may hamper the growth of the global market of vascular dressings.

Vascular Dressings Market: Overview

The global market for vascular dressings is expected to witness steady growth during the forecast period of 2020-2030. As per a World Health Organization (WHO) report 1.4 million population around the world are suffering from a nosocomial infections at any one time.

Based on the product, the antimicrobial vascular dressing segment may be expected to register a robust growth in the global vascular dressing market owing to patients’ preference. Based on the end users, hospitals may be expected to hold the majority of share in the global market of vascular dressings since these would witness maximum patient footfall.

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Vascular Dressings Market: Key Players

The key players for the global

Beckton
Dickinson and Company
Vancive Medical Technologies (Avery Dennison)
BSN Medical (Essity)
Richardson Healthcare
Derma Sciences
Mölnlycke Health Care
Smith & Nephew
3M
B Braun
Systagenix
Reliamed
Medline

The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

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

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Europe (Germany, U.K, France, Italy, Spain)
South Asia (India, ASEAN Countries)
East Asia (Japan, China & South Korea)
Oceania (Australia & New Zealand)
Middle East and Africa (GCC Countries, South Africa, Northern Africa)

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

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Report Highlights:

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

Subcutaneous Biologics Market is estimated to reach 578 million by 2030

Subcutaneous Biologics Market Overview

Biologics are all the pharmaceutical products developed using a biological process. Biologic products include drug manufactured from the various living organism with the help of biotechnology. Subcutaneous biologics consists of sugar, nucleic acid, protein or their combination of these substances.

Subcutaneous biologics include vaccines, blood and its components, recombinant proteins and others. Subcutaneous biologics are the most advanced therapeutics used for the treatment of several diseases like cancer, diabetes, multiple sclerosis, psoriasis and many more.

Subcutaneous biologics are injected/infused so as the proteins are not digested or inactivated early. Whereas administration of subcutaneous biologics does not require highly skilled personal as compared to intravenous biologics According to the International Diabetes Federation, 463 million suffer from diabetes in 2019 worldwide and is estimated to reach 578 million by 2030.

Prevalence of coronavirus has led to the focus of various leading biopharmaceuticals towards developing COVID 19 cure impacting subcutaneous biologics market. There was a reduction in manufacturing activities due to lockdown implemented in several countries harming subcutaneous biologics market.

Import and export activities of raw materials are impacted due to regulations laid across borders of some countries challenging subcutaneous biologics market growth during the pandemic. Research and development activities of various other biologics have been delayed restraining subcutaneous biologics market growth.

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Rising prevalence of chronic disorder increases the demand for subcutaneous biologics market. An increasing rate of treatment adoption rate is expected to boost subcutaneous biologics market growth. The gradually increasing level of awareness among the general population about several prevailing disorders propels subcutaneous biologics market growth.

With the rise in research and development activities for the subcutaneous biologics will lead to expansion of subcutaneous biologics market. For instance, in June 2020 U.S. Food and Drug Administration (FDA) granted approval to Genentech Inc.

for their subcutaneous biologic named Phesgo for treatment of HER-2 breast cancer. An increasing trend of self-medication leads to subcutaneous biologics market growth. Biologics can sometimes lead to allergic reactions and hinder subcutaneous biologics market growth.

The strict regulatory requirement for approval of subcutaneous biologics challenges subcutaneous biologics market growth.

Cancer and Diabetes are expected to contribute significantly in subcutaneous biologics market in the coming decade with increasing prevalence. The increasing rate of diagnosis will also lead to the hormonal disorder have a significant contribution to subcutaneous biologics market.

Automatic injectors is estimated to observe a rise in demand during the forecast period in subcutaneous biologics market. Whereas, based on distribution channel hospital pharmacies segment hold the majority of the revenue share of subcutaneous biologics market.

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North America tends to be the leading region in subcutaneous biologics market with the highest rate of development and commercialization of pharmaceutical products. Europe will have significant contribution in subcutaneous biologics market with rising geriatric population and patients suffering from chronic disorders.

Asia-Pacific region is estimated to have an exponential rise in growth rate with a large number of entrants and domestic players in the region. The Middle East and Africa will have the least growth rate due to poor economic condition and unavailability of advanced diagnostic technology.

Some key players contributing global subcutaneous biologics market are

Abbott Laboratories
Pfizer Inc.
Genentech Inc.
Novartis AG
Biogen Idec
AbbVie Inc.
F. Hoffmann-La Roche AG
Bristol-Myers Squibb
Eisai Inc.
Takeda Pharmaceuticals Ltd.
Alnylam Pharmaceuticals
Bayer AG
GlaxoSmithKline
Sanofi S.A.
Boston Pharmaceuticals and others.

The report on Subcutaneous Biologics Market covers exhaustive analysis on:

Market Segments
Market Dynamics
Historical Actual Market Size, 2015 – 2019
Market Size & Forecast 2020 to 2030
Supply & Demand Value Chain
Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Market Drivers and Restraints

Report on Subcutaneous Biologics Market highlights:

Shifting industry dynamics
In-depth market segmentation
Historical, current and projected industry size
Recent industry trends
Key competition landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance

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Inhalational Anaesthesia Drugs Market Study: An Emerging Hint of Opportunity by 2031

Inhalational Anaesthesia Drugs Market Overview

Inhalational anaesthesia drugs are used in the operating room for maintenance and induction. Inhalational anaesthesia drugs have become the physician’s choice over intravenous anaesthesiaas as it has lower chances of being accumulated in the body.

In patients with multiple drug allergies, inhalational anaesthesia drugs administration is considered as a safe alternative. These advantages are expected to have a positive impact on the inhalational anaesthesia drugs market.

The outbreak of Covid-19 has a major impact on Inhalational Anaesthesia Drugs Market which is rather positive. The outbreak has resulted in increase in the sales of inhalational anaesthetic drugs which in turn will lead to the growth in the Inhalational Anaesthesia Drugs Market.

Inhalational Anaesthesia Drugs Market: Drivers and Restraints

Rise in the no. of surgeries is the major factor driving the growth of Inhalational Anaesthesia Drugs Market. In addition, rise in prevalence of chronic diseases is also expected to drive the growth of the market during the forecast period. According to CDC, 6 in 10 adults in the U.S. have a chronic disease and 4 out of 10 adults in the U.S. two or more chronic diseases in 2020.

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Moreover, increasing emergency room procedures is another factor that is expected to propel the growth of the Inhalational Anaesthesia Drugs Market. Rise in the geriatric population is also expected to augment the growth of the Inhalational Anaesthesia Drugs Market. As the population above the age of 60-65 are more prone to develop various health disorders.

However, the environmental associated with the emission of anaesthetic gases may restrain the growth of the inhalational anaesthesia drugs market. As these anaesthetic gases contribute towards a significant amount of carbon dioxide emission leading to greater environmental damage.

Inhalational Anaesthesia Drugs Market: Overview

In the drug class segment, sevoflurane is expected to dominate the inhalational anaesthesia drugs market due to the therapeutic advantages it has. In addition, the low cost of these drugs will also lead to continued growth of sevoflurane in the inhalational anaesthesia drugs market during the forecast period.

In the application segment, maintenance segment is expected to have a higher market share due to its increasing need. However, the induction segment is expected to register significant growth in the inhalational anaesthesia drugs market.

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Based on distribution channel, the hospital segment is expected contribute towards highest revenue share. However, online pharmacies is estimated to experience significant growth in the inhalational anaesthesia drugs market.

Inhalational Anaesthesia Drugs Market: Key players

Some of the players identified in the Inhalational Anaesthesia Drugs Market include:

AbbVie Inc.
Baxter
Hikma Pharmaceuticals PLC
Halocarbon Products Corporation
Piramal Enterprises Limited
Lunan Pharmaceutical Group Co. Ltd.

The report covers exhaustive analysis on:

Canine ectopic ureter market Segments
Canine ectopic ureter market Dynamics
Historical Actual Market Size, 2013 – 2017
Canine ectopic ureter market Size & Forecast 2018 to 2024
Market Current Trends/Issues/Challenges
Competition & Companies involved
Market Drivers and Restraints

Report Highlights:

Shifting Industry dynamics
In-depth market segmentation
Historical, current and projected industry size recent industry trends
Key Competition landscape
Strategies for key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance

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Antimicrobial Regenerative Wound Matrix Market Key Opportunity, Analysis, Growth, Trends 2031

Antimicrobial Regenerative Wound Matrix Market Overview

Antimicrobial Regenerative Wound Matrix is a very important part of the wound care industry and global trade. Antimicrobial Regenerative Wound matrix is used to improve the regeneration of dermal and epidermal layers in both acute and acute wounds.

Antimicrobial Regenerative Wound Matrix is an extracellular matrix (ECM) based scaffolds that have very high biocompatibility properties and biodegradability features for tissue regeneration. ECM is a complex of proteins, especially collagenous forming 3D structures and allowing the incorporation of growth factors.

Among the benefits of the Antimicrobial Regenerative Wound Matrix, better ability to allow cell formation by cells, enabling its effective integration with the surrounding tissues to be repaired and also to exert antimicrobial activity. The Antimicrobial Regenerative Wound Matrix can be used as an alternative to controlling surgical infections and reducing the use of antimicrobial agents

What are the Key Trends Impacting Growth of the Antimicrobial Regenerative Wound Matrix Market?

Acute and chronic wounds, e.g. burns and diabetic ulcers, respectively, place a significant burden on patients and health care systems. An increasing number of elderly people and people with diabetes will lead to an increase in the chronic wound such as sores on the feet fuelling antimicrobial regenerative wound matrix market.

Such skin lesions are easily absorbed by the bacteria causing inflammation and this is why the healing process is challenging. Besides, the bacteria causing the infection prevent the recurrence of epithelialization and collagen synthesis. According to National Health Institute, the estimation of diabetic foot ulcers worldwide is around 6.5%.

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The concept of moist wound healing, used in antimicrobial regenerative wound matrix, is now widely accepted and is associated with faster healing rates, reduced pain, better infection control, scar reduction, and lowering the cost of associated health care.

The use of skin-based ingredients offers an alternative treatment that demonstrates higher efficacy and, in some cases, a more cost-effective approach compared to traditional therapies.

Antimicrobial Regenerative Wound Matrix dressings are also widely used in wound dressing in the occurrence of road accident treatments and traumatic injuries.

An increasing prevalence worldwide in chronic ulcers such as diabetes, foot ulcers, and sharp wounds such as surgical and traumatic wounds is expected to increase in patients receiving wound care.

According to a data published by department of endocrinology of Nanjing university medical school in 2019 the prevalence of diabetic foot in North America was estimated to be 13% among diabetic patients.

The Unstoppable Rise of Antimicrobial Regenerative Wound Matrix: How a Fringe Movement Went Mainstream

The great economic and social impact of wounds in our society requires the allocation of a high level of attention and resources to understand the biological mechanisms that cause the severity of wounds.

According to a 2015 report, in Europe, as a result of ineffective treatment of such ulcers, 450,000 lower limbs each year have so far cost about € 2-2.5 billion. A U.S. figure indicates that 6.5 million patients are affected by chronic ulcers, whose annual medical expenses reach $ 25 billion. The US government spends $50 billion on wound care annually

Rise in sedentary lifestyle, chronic illnesses can lead to the development of chronic wounds and ulcers giving rise to antimicrobial regenerative wound matrix market

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It is estimated that a single diabetic ulcer carries an estimated cost of US $ 50,000 and the total chronic wounds cost the medical system more than the US $ 25 billion a year, with the number of affected patients growing each year from 6.5 million, given the increasing prevalence of diabetes and other chronic disease conditions that may affect wound healing.

An increase in the elderly and an increase in chronic diseases such as diabetes will fuel the antimicrobial regenerative wound matrix market. The formation of chronic wounds such as leg ulcers, foot ulcers, and pressure ulcers can increase with aging, obesity, smoking, poor nutrition, and stress associated with diseases (e.g., AIDS) or drugs (e.g. chemotherapy or radiation therapy) are one of the few reasons giving Antimicrobial Regenerative Wound Matrix market rise in the future.

What are the Key Challenges that may Restrain Growth of the Antimicrobial Regenerative Wound Matrix Market?

Antimicrobial Regenerative Wound Matrix is considered to lie on the higher side of the price scale due to the scarce scarcity of resources and high processing costs. The high cost can especially be a cause for concern in emerging markets.

Although the overall cost effectiveness of Regenerative Wound Matrix products is lesser than traditional wound dressing. Lack of proper reimbursement for the products is one of the major restraining factors for the market, especially in developing countries. These restrain lead to the uptake of traditional wound dressing even in few developed countries.

Development of cost effective Regenerative Wound Matrix dressing product can help in expansion of the antimicrobial regenerative wound matrix market. Lack of proper information and knowledge about the Regenerative Wound Matrix products is one of the restraining factor for the market.

Competitive Landscape

Key players such as

3M
Turn Therapeutics
DSM Biomedical
H&R Healthcare Ltd
Harbor Medtech Inc.
Smith & Nephew Plc
Aroa Biosurgery Ltd.
RenovoDerm
Integra LifeSciences
BioLogiQ, Inc.
Johnson & Johnson
Gore Medical
Shire GmbH

are actively involved in offering Antimicrobial Regenerative Wound Matrix for different applications.

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What strategies are the Key Players adopting for Increasing their Market Share in the Antimicrobial Regenerative Wound Matrix Market?

Key players involved in the Antimicrobial Regenerative Wound Matrix market are using strategies such as mergers and acquisitions, partnerships, and introducing new products to strengthen their position in the high-end wound dressing market.

In May 2019, 3M acquired Acelity, Inc. aiming to strengthen its wound management solutions and expand its customer base.Mergers and acquisitions have been majorly adopted and have shown great success to the key players in the expansion of Antimicrobial Regenerative Wound Matrix market share.

Rising healthcare industry in major countries in Asia will give a decent opportunity for the key players to expand the market share

What is the Repercussion of the Pandemic on the Growth of the Antimicrobial Regenerative Wound Matrix Market?

The pandemic has greatly disrupted the Antimicrobial Regenerative Wound Matrix market. Due to coronavirus outbreaks, the flow of patients into the hospitals has been reduced which has led to the decline in the patients seeking treatments.

Also, the production industries have been largely obstructed due to lockdown causing an unprecedented technology and business model transformation. This disruption in the supply chain will hamper the production of the Antimicrobial Regenerative Wound Matrix products.