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Folliculotropic Mycosis Fungoides Treatment Market:Technological Growth Map over Time

Folliculotropic Mycosis Fungoides Treatment Market Overview

Folliculotropic Mycosis Fungoides (FMF), one type of cutaneous T-cell lymphoma is a rare disease in which white blood cells, namely lymphocytes become harmful or cancerous causing adverse effect on skin. Red patches on skin without any injury can be a sign of the disease. The disease is more prominent in males than in females with a ratio between 1.6 and 2. Several treatments are there but they are performed based on how severe the disease is and previous medical treatments. Treatments such as Irradiation, Photochemotherapy, using ultraviolet A, light treatment enhanced with psoralen (PUVA), photodynamic therapy, carbon dioxide laser surgery are performed. Performing surgery first has its own benefit as providing radiation to the same location at a later time preserves options for future therapy.

Growing Prevalence of Radiation Therapy as a Treatment

Radiation therapy uses radiations to destroy the cancer cells. Radiation therapy can be performed to get rid of the cancerous cells entirely or to control the symptoms in severe stages. A study by Thomas et al reported that a single dose of radiation (700-800cGy) results in giving much more palliations than multiple fraction radiation treatment among patients with cutaneous T-cell lymphoma (CTCL). The International Lymphoma Radiation Oncology Group Network advices total dose of 8-12Gy to be given to patients of CTCL. According to redjournal.org, radiation therapy doses provide good clinical response and less toxicity.

Among 270 lesions on which radiation treatment was performed, 97% were treated with 700cGy of radiation. The complete response rate was among 94.4% lesions and partial response was witnessed in 3.7% of patients. Only 1 lesion showed zero response. Therefore, radiation treatment may be a good response for mycosis fungoids and thus, its demand may fuel in the treatment sector.

Effectiveness of Extracorporeal Photopheresis (ECP) may Help Grow the Folliculotropic Mycosis Fungoides Treatment Market

Many patients suffering from advanced cutaneous T-cell lymphomas may be treated by ECP. It is a painless procedure that treats the white blood cells improving the symptoms. Besides, CTCL, ECP is used for treating lung transplant rejection, heart transplant rejection, and chronic graft versus host disease. The procedure is safe and typically takes 2 hours in total. The procedure can be performed with a single piece of equipment and is easier to evaluate the quality and quantity of treated mononuclear cells. Slight side effects can be observed such as numbness or headache and eyes and skin is more sensitive to sunlight after the treatment. Moreover, ECP treatment is cost effective as compared to other treatments.

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Thus, comfortable and speedy treatment plays a crucial role in encouraging the patients to adopt the procedure. Awareness regarding these treatments is another factor why the market may fuel growth.

High Cost of Treatment may Impact the Market

Chemotherapies or any other treatment for cancer is high in cost and large population of the world cannot afford that which cause deaths and may impact the Folliculotropic Mycosis Fungoides Treatment market also. For instance, an article by ncbi.nlm.nih.gov reports, phototherapy with psoralens and ultraviolet A light (PUVA) cost almost 3,187 Euros for 6 months, electron beam therapy costs around 7,913 Euros for 6 months. Also, higher incidences of the diseases are reported in Spain only.

India is also the region where a large number of population do not have health insurance and they cannot pay out of pocket medical expenses due to lack of resources. India spends only 3.89% of GDP on health care as compared to US which spends 17.8%. Thus, in developing economies, the Folliculotropic Mycosis Fungoides Treatment market may be hampered due to lack of awareness and less resources available.

Competitive Landscape

Major companies in the global Folliculotropic Mycosis Fungoides Treatment Market are

Astellas Pharma, Inc
Bayer AG
Novartis AG
Pfizer Inc
Merck Co., Inc.
GlaxoSmithKline plc
Abbott, Mylan N.V, etc.

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Many innovations and researches are being performed to develop more painless and cost effective treatments for patients. For instance,

In July 2020, Mallinckrodt plc, a global pharmaceutical company, and Termo BCT, a global leader in blood component in Australia announced that the Medical Services Advisory Committee and Pharmaceutical Benefits Advisory Committee recommended UVADEX for extracorporeal administration with the THERAKOS CELLEX Photopheresis System. UVADEX is indicated for the treatment of the skin manifestation of CTCL and steroid refractory and steroid intolerant chronic graft versus HSC transplantation.

A research article by zaad.org, in April 2020 focuses on CADMI molecule. Based on research findings, the report states that CADMI might contribute to the pathogenesis of mycosis fungoids by inducing TCR signalling and interaction between neoplastic cells and microenvironment. Its therapeutic applications and quality of directly interacting with T-cell receptor to enhance phosphorylation, may be valuable and promising in diagnosis.

In June 2020, the 4^th World Congress of Cutaneous Lymphoma suggested the use of chlormethine gel which is a topical therapy for mycosis fungoids. It is an alkylating agent which mechanism of action including cross linking of DNA in rapidly dividing cells, leading to death of the cell. The pivotel 201 study reported that the gel can be an advantage for early stage mycosis fungoides.

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Regional Outlook

The demand for the Folliculotropic Mycosis Fungoides Treatment Market is increased due to many factors such as good health care infrastructure, large population suffering from cancer, increasing geriatric population, etc.

North America is expected to dominate the FMF market due to rising prevalence and awareness related to T-cell lymphoma. According to cutaneous lymphoma foundation, CTCL is a rare disease and around 3000 new cases are recorded in US each year in adult population of above 50 years specifically and FMF can be found in 16,000-20,000 of them. In US, almost 95% of population have health insurance and thus, restrain of high cost is not effective there and high class healthcare infrastructure with every latest facility is the factor for growth of the Folliculotropic Mycosis Fungoides Treatment Market.

Asia Pacific is also the leading region for the treatment as the region comprise of 60% of global population and 50% of patients suffering from different types of cancer. Lack of awareness and late diagnosis result in higher number of cancer patients in the region. Development of treatments and medications in the region, for example Takeda China in May 2020 announced their approved ADCETRIS for use in adult patients with relapsed or refractory systematic Anaplastic Large Cell Lymphoma. The development is aimed to lower the mortality rate of patients due to Hodgkin lymphoma.

According to report of Europe’s beating cancer plan published by Europa.eu, Europe is one of the leading regions for cancer population in the world with over 2.7 million people diagnosed with cancer in 2020 and over 1.3 million people lost their life due to the disease. Stringent regulations and actions have been taken by the government for its treatment, investment in research and innovation in European Union are the factors for growth for the Folliculotropic Mycosis Fungoides Treatment Market. European Digital Strategy for the treatment of cancer using powerful tools such as Artificial Intelligence, and high performance computing to help patients to securely access and share their health data in an integrated format in the electronic health records is going to be proposed in 2021 as stated in the aforementioned report. It will highly benefit every type of cancer treatment market.

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Heparin Market to Witness a Healthy Growth by 2031

Heparin Market Overview

According to latest research by Future Market Insights, heparin market will witness substantial growth during the study period of 2021-2031.Demand for heparin market will elevate in the course of forecast period while experiencing a steady growth. Adverse effects caused by heparin such as heparin-induced thrombocytopenia is likely to have negative impact, However, Commercialization of cost-effective and safe products, with greater efficacy and lesser side effects is expected to offer new business opportunities.

What is Driving Demand for Heparin?

Heparin is widely used injectable anti-coagulant, which prevents the formation of blood clots. It has its application in pulmonary embolism, deep vein thrombosis, and other cardiovascular surgeries. High incidence of these disorders will augment the market growth. Also, increasing number of accident cases resulting in surgeries is expected to drive the growth of heparin market across the globe. As per Association for Safe International Travel, in 2020, approximately 4.4 million individuals were severely injured and require immediate medical attention in the U.S. alone. This high number injuries will lead to rise in demand of anti-coagulant agents such as heparin.

Additionally, growing research and development activities, FDA approvals and new product launch, promising clinical trial pipeline, introduction of novel products will lead to the significant growth in the forecast period.

New Product Developments Likely to Augment the Heparin Sales

Needle stick injuries is one of the common hazard in hospitals, and other clinical settings, which can lead to transmission and infection of various diseases. In order to overcome this issue, various leading players are focusing on introducing ready –to administer heparin in pre-filled syringes or IV bags. In this regard, Fresenius Kabi, in April 2021 has introduced low concentration of Heparin Sodium Injection in Ready-to-use Freeflex Bags. Its Leak resistant technology, easy handling, and patient safety are some of the benefits associated with these bags. Such benefits are expected to drive its demand among hospitals, specialty clinics, ambulatory surgical centers which are the major end users of this products.

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US and Canada Heparin Market Outlook

U.S. and Canada are among the largest market for heparin making North America a dominant player. According to the Centers of Disease Control and Prevention, an estimated 90,000 patients are affected by DVT/PE in the United States, Also, around 60,000-100,000 thousand Americans die of DVT/PE. Also, high incidence of thrombosis is recorded in the Canada. According to Thrombosis Canada, it is estimated that approximately 45,000 patients in Canada are affected by DVT each year, with incidence of 1-2 cases per 1,000 person annually.

Such high incidence of DVT/PE will augment the sales of heparin, thus having the positive impetus on the heparin market in these region.

Europe Demand Outlook for Heparin

Pulmonary Embolism (PE) following deep vein thrombosis affects 500,000 patients annually in the European region, which is one of the key factor attributed to the demand of the heparin. Apart from this, European market is marked by the presence of various leading manufactures such as Leo Pharma A/S, Aspen Holdings, B. Braun Melsungen AG, and Teva Pharmaceuticals Industries. The increase in production of heparin in major European Countries has Dirven the market substantially. Also, growing region specific research and developments, with focus on the improving mechanism of heparin will further aid the market growth.

Despite the positive outlook in this region, the availability and use of the other alternative anti-coagulants such as heparin such as warfarin is expected to hamper the sales of heparins in this region

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Who are the Key Manufacturers and Suppliers of Heparin?

Some of the leading manufacturers and suppliers of heparin are

Aspen Holdings
Pfizer Inc.
Leo pharma A/S
Sanofi
B. Braun Melsungen AG
Fresenius SE & Co
KGaA
Mylan, N.V.
Sandoz (Novartis AG)
Hikma Pharmaceuticals PLC
Bioiberica S.A.U.

These manufactures aim to introduce the new products which with improved safety, and accuracy of the medicines. For instance, in September 2019, Hikma Pharmaceuticals introduced Heparin Sodium prefilled syringes, USP 5000 Units/ml. Also, in April 2019, another industry major, B. Braun introduced First FDA –approved Heparin sodium pre-filled syringes. Availability of such ready to administer products will help he healthcare provider to treat patients faster, with reduced risk of needle stick injuries.

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.

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Heparin Market 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

Key Segments of Heparin Market

By Product:

Low molecular Weight Heparin (LMWH)
Ultra-Low molecular weight heparin (ULMWH)
Unfractionated Heparin

By Route of Administration:

Subcutaneous
Intravenous

By Route of Application:

Venous Thromboembolism
Pulmonary Embolism
Cardiovascular disorders
Renal Impairment
Others

By End Users:

Hospitals
Specialty Clinics
Ambulatory Surgical Centers (ASCs)

By Region:

North America
- US
- Canada
Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
Europe
- U.K.
- Germany
- France
- Spain
- Russia
- Benelux
- Rest of Latin America
East Asia
- China
- Japan
- South Korea
South Asia
- India
- ASEAN
- Rest of South Asia
Oceania
- Australia
- New Zealand
Middle East and Africa
- GCC Countries
- North Africa
- South Africa
- Turkey
- Rest of Middle East

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Sequencing Reagents Market Revenue Growth Predicted by 2031

Sequencing Reagents Market Overview

According to the latest research by Future Market Insights, the Sequencing Reagents market is set to witness steady growth during 2021-2031. Demand for sequencing reagents market will witness steady recovery in the short-term, with an optimistic growth outlook in the long run. The increase in demand for diagnostic and therapeutic application will provide momentum to the industry, however, social and ethical concerns related to sequencing methods is likely to hinder the market growth.

What is Driving Demand for Sequencing Reagents?

Diminishing costs of genetic sequencing and growing levels of adoption for third-generation sequencing techniques is expected to propel the growth of the sequencing reagent market. Third-generation sequencing techniques streamline the workflow and reduce the overall time required for the preparation step. Furthermore, during ligation process and genome fragmentation, it helps to simplify and improves the data quality and overall workflow.

Additionally, the presence of appurtenant government programs has increased the expansion of ordering sequencing in distinguishing the genomic variations related to human diseases. For example, in Gregorian calendar month 2018, NHS European nation, in partnership with the genetics European nation, sequenced a hundred thousand whole genomes from NHS patients to uncover new diagnoses and treatment for patients with cancer and rare inheritable diseases.

Moreover, a rise in funding from public and personal entities has supplemented the expansion of high output technology, later on enhancing demand for his or her various reagents. For example, in March 2018, the German analysis Foundation-funded USD seventeen.3 million to four new German sequencing centres to equip them with NGS technology.

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Advancements in sequencing Techniques Likely to Augment Sequencing Reagents Market

The advancement of technology enables researchers to sequence the entire genome within a short period at a lower cost. Novel technologies like Nanopre and Single-Molecule Real-Time (SMRT) sequencing, have been developed for effective and efficient development of sequencing libraries. This, not to mention the provision of recent commercial kits provides reagents for only a specific sequencing application, which further drives the market to grow.

The COVID-19 pandemic has caused havoc in the entire world. The healthcare crisis has brought an exceptional impact on businesses across all industries. During the outbreak, healthcare industries are hugely impacted due to global restrictions. However, the need for vaccination was the most important factor at the need of the hour. Ongoing research and development for the COVID19 vaccine increased which in turn favoured the growth for sequencing reagents market.

U.S. and Canada Sequencing Reagents Market Outlook

The healthcare system of the U.S. is well-known for its advanced structure and spending. The U.S. has the benefit of catering to leading biotechnology sector market players over other countries and hence dominating the sequencing reagents market. The US sequencing reagents market is set to trend on the historic pattern of bust and boom during the assessment period 2021-2031. The country is home to some of the biggest pharma and biotechnology companies worldwide and is set to expand its business with high returns.

U.S and Canada are one of the largest markets for sequencing reagents globally.

The countries have the highest rate of research and development among all the other countries resulting in a key region for the sequencing reagents market. Furthermore, well-established infrastructure, increasing adoption of novel sequencing technologies, and increasing healthcare expenditure are expected to fuel the sequencing reagents Market in this region.

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Europe Demand Outlook for Sequencing Reagents

Europe’s biotech market attractive to investors: strong hot spots across geographies, modalities, and therapeutic areas; powerhouse research and industry expertise to support basic science and innovation; and an abundance of high-caliber talent and is likely to propel the growth of sequencing reagent market.

Cell and gene therapies (CGTs) and immunotherapies are the fastest-growing areas in the country and make Europe global powerhouse for scientific research in genomics.

Germany and UK are the most leading countries of the Europe region where spending on healthcare infrastructure is likely to be seen high. This creates opportunity for steady demand of sequencing reagent market to boost in long run.

Furthermore, it manufacturers and suppliers is to expand their business through merger and acquisitions and develop advanced technology applications for genomics.

For example, Roche signs definitive merger agreement with GenMark Diagnostics, Inc., to access novel technology to test for broad range of pathogens with one patient sample

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Who are the Key Manufacturers and Suppliers of Sequencing Reagents?

Some of the leading manufacturers and suppliers of Sequencing Reagents include

Thermo Fisher Scientific, Inc.
Illumina, Inc.
QIAGEN
BGI
Pacific Biosciences of California, Inc.
F. Hoffmann-La Roche AG
Oxford Nanopore Technologies
Agilent Technologies, Inc.
Fluidigm Corporation; ArcherDX, Inc.
Takara Bio Inc.
Bioline.

Key manufacturers are escalating their business through developments, collaborations and geographic expansions in emerging regions, in March 2019, Agilent Technologies introduced a new library preparation system for NGS technology called Magnis NGS Prep System which was designed to easily assay and complex multiple genes and genetic aberrations from genomic DNA.

Sequencing Reagents Market 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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Hearing Amplifiers Market is set to witness steady growth during 2021-2031

Hearing Amplifiers Market Overview

According to the latest research by Future Market Insights, the Hearing amplifiers market is set to witness steady growth during 2021-2031. The rising prevalence of hearing impairment disorder, coupled with the growing geriatric population prone to hearing loss is increasing the demand for hearing amplifiers.What Is Driving The Demand For The Hearing Amplifiers Market?

To meet the end-users demand for advanced, safe and cost-effective alternative to hearing aids devices continues to drive demand for hearing amplifiers in the market. Similarly, the increasing cost of hearing aids is creating huge opportunities for hearing amplifiers manufacturer to develop an advanced, cost-effective solution to solve the unmet demand of consumers.

Growing Geriatric Population Is Likely To Accelerate The Demand for Hearing Amplifiers.

The growing geriatric population is a significant driving factor for the growth of the hearing amplifiers’ market. The geriatric population are more prone to hearing loss when compared with children. As per the world health organization (WHO), currently, about 466 million people have hearing problems across the globe and the number is projected to reach 900 million by 2050. Among these, only 34 million are children. This number indicates growing geriatric population creates huge opportunities in the hearing amplifiers market.

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The U.S. and Canada Hearing Amplifiers Market Outlook

The U.S. is one of the largest markets for hearing amplifiers globally. The U.S. Hearing amplifiers market is set to tread on the historic pattern of bust and boom during the assessment period 2021-2031.

Favorable healthcare policies, coupled with high per capita healthcare spending, has created a conducive environment for the adoption of hearing amplifier devices in the U.S. presence of leading players in the region is also expected to boost the market growth. Most of the key players are focusing on strategic acquisitions to strengthen their product portfolio.

For instance, in 2021, Amplifon S.p.A. acquired PJC Hearing, the hearing care business of PJC Investments LLC, which is the second-largest Miracle-Ear franchisee in the United States, which covers the major market in hearing care worldwide.

Europe Demand Outlook for Hearing Amplifiers Market

The rising prevalence of deafness, increasing awareness and the introduction of technologically advanced products are expected to contribute to the market growth of hearing amplifiers in Europe. Furthermore, favorable reimbursement policies accepted by each region of Europe is driving the growth of the market. Anteunis (1999) estimated that up to 52 million Europeans (20% of adults) and 36% of the older population suffer from some level of hearing handicap. According to the British MRC Institute of Hearing Research study, around 900 million people across the globe will suffer from hearing loss by 2025. Among this population, more than 90 million patients may be from Europe.

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Who are the Key Manufacturers and Suppliers of Hearing amplifiers?

Some of the leading manufacturers and suppliers of hearing amplifiers include

iHEAR Medical, Inc.
Soundhawk
FocusEar
Resound
Shenzhen LA Lighting Company Limited
Foshan Vohom Technology Co. Ltd.
MDHearingAid
Beurer
Etymotic Research
IntriCon Corporation
Britzgo
Austar Hearing Science and Technology (Xiamen) Co., Ltd.
Sound World Solutions
Huizhou Jinghao Electronics Co. Ltd.
Otofonix
Banglijian
Amplifon
Ziphearing
Others

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 an 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.

Hearing Amplifiers Market Report Highlights:

Detailed overview of the 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

For critical insights, request for PDF Brochure https://www.futuremarketinsights.com/reports/brochure/rep-gb-13191

Animal Healthcare Market will reach US$ 54.5 Billion over 2027

The animal healthcare market valuation is projected for a moderate Y-o-Y growth of 4% in 2019. A new research intelligence by Future Market Insights forecasts steady expansion for the approximately US$ 37 billion global market for animal healthcare, over the course of coming years.

Strongly influenced by the rate of increase in food-borne zoonotic conditions, global demand for high quality animal healthcare is more likely to be driven by exceptionally rising rate of pet adoption.

Production animals are more subject to animal healthcare, accounting for over 60% share of the current market value
High profitability of animal feed reflect lucrative investment opportunities for animal healthcare market participants
R&D of species-specific drugs create attractive avenues for pharma players in animal healthcare market
Hospital chains and big-box retailers majorly accounting for OTC veterinary drugs uphold North America’s prime consumer position in animal healthcare market

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Animal Feed Additives Bestselling over Vaccines & Pharmaceuticals

Animal feed represents the most profitable product type segment, presenting multiple investment opportunities for animal healthcare market operators. Top selling potential of animal feed additives is attributed to a growing focus on disease outbreak prevention rather than on curing disease afflicted animals.

Animal healthcare market in China and Japan is especially observing robust demand growth in feed additives. This factor is however contributing to an already complex scenario in animal healthcare market, i.e. a disrupted supply chain and the resultant pricing pressure and loss of massive profits.

Animal Healthcare Market Players Prioritizing R&D of Novel Drugs

Although branded generics have been a highly favored choice across animal healthcare providers and consumers, the evolving disease conditions and the subsequent impact on overall performance of animal healthcare market hints at the critical demand for the development of novel pharmaceuticals and vaccines that are species-specific, and thus cater to specific sets of animal healthcare requirements.

Currently, companies based in the US and Western Europe are pioneering the trend of soaring R&D investments in novel drugs development for specific animal healthcare demands. The trend is however likely to gradually migrate to other regional markets for animal healthcare.

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Alternatives to Blockbuster Drugs Hinting at Market Profitability

Recent patent expiry of major blockbusters in animal healthcare market points to the criticality of the development of new, efficient alternatives. Leading players in animal healthcare market are thus more inclined toward adhering to drug development processes in close association with regulatory bodies that govern animal healthcare products and practices. This according to study would help companies raise their product sustainability chances.

Although R&D remains an expensive avenue for a majority of smaller players in animal healthcare market, it is projected to emerge as the key to profits in regional landscape. Several players are also entering strategic collaborations with leading biotechnology firms and biologics developers that already have drug development projects in pipeline.

Developing Regions Reflect High Market Attractiveness

While the flourishing humanization trend is favoring animal healthcare market in developed regions such as North America, Western Europe, and Japan, the report foresees attractive potential in emerging regions as well. Major pharma players active in animal healthcare market are strategizing on manufacturing facility expansion across developing economies, as they are less likely to encounter export-import glitches in these regions and thus can expect better product movement in return. Adding to the supply chain harmony, this is likely to slash down the resultant loss due to foreign product bans.

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Phototherapy Treatment Market is likely to grow at a CAGR of 5% through 2026, reaching US$ 675 Million

In the U.S., acne is one of the most common skin disorders among the teenage population. While topical or oral antibiotics remain the first-line treatment, more advanced therapies are chosen if the condition becomes severe. Increasing resistance of Propionibacterium acnes to standard medications has surfaced as a major concern for both physicians and patients. Therefore, physicians are required to consider other treatment modules that are capable of delivering quicker and more positive results.

Phototherapy has emerged as an effective and contemporary treatment module for acne and psoriasis, which is gaining healthy popularity of late. As compared to biologics, phototherapy is more affordable having a similar credibility. Over the next couple of years, demand for phototherapy in regions such North America and Europe is expected to surge to a significant extent. Future Market Insights’ new report reveals that the North America and Europe phototherapy treatment market revenue is expected to expand at a CAGR of 6.0 % over the forecast period (2017–2027).

Distorted eating habits, as well as excessive consumption of fried and ready-to-eat food items, are linked with the early onset of acne in children. Meanwhile, in adults, women face severe acne and psoriasis onset. The report titled “Phototherapy Treatment Market for Acne and Psoriasis North America and Europe Industry Analysis 2012 – 2016 and Opportunity Assessment; 2017 – 2027” also cites that North America represents the most lucrative market for phototherapy, followed by Western Europe and Eastern Europe. The market in North America is projected to grow from US$ 594.5 Mn in 2016 to US$ 1,150.0 Mn by 2027-end. In addition, the U.S. currently accounts for more than three-fourth revenue share of the North America phototherapy treatment market.

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Increasing adoption of phototherapy in dermatology clinics and hospitals in Europe is favouring the growth of the market in the region. Moreover, psychological burdens associated with acne and psoriasis is high in the region, compelling patients to seek professional help in the form of prescription treatments, phototherapy, and others. Germany and the UK are two of the major markets for phototherapy in Europe and expected to remain dominant throughout the forecast period.

Key Excerpts from the Report Include:

Based on end user, hospitals currently account for the largest value share of the phototherapy treatment market for acne and psoriasis in North America and Europe. However, preference for home care settings among patients is likely to grow in the near future.
Demand for blue light therapy is relatively higher than other phototherapy types in both North America and Europe. This trend is expected to continue throughout the assessment period. The blue light phototherapy segment is estimated to reach a market valuation of US$ 1,067.1 Mn towards the end of 2027.

Phototherapy being a high margin reconstructive technology is perceived as an opportunity for market players to invest in future growth. Lifespan, UC Irvine Health, Buffalo Medical Group, Blackrock Clinic Limited, The Private Phototherapy Clinic Ltd, National Skin Centre, and Massachusetts General Hospital are some of the leading companies profiled in the FMI report.

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Surgical Stapling Devices Market revenues will be doubled by the end of 2026

With deployment of advanced technologies, medical practitioners will keep adopting specialised devices that facilitate specific surgical operations in medical procedures. Rising number of invasive surgeries has necessitated the need for improved devices for wound management. And, surgical staples have effectively replaced sutures for closing wounds during such procedures. Future Market Insights recently published its report on the global market for surgical stapling devices, the highlights from which indicate that rising number of laparoscopic surgeries performed across the globe have triggered the use of surgical stapling devices.

According to Future Market Insights, the global demand for surgical stapling devices is propelling along with the world’s rising geriatric population. Lesser time consumed by surgical stapling devices for closing wounds, and the accuracy & precision of these devices is favouring their adoption for treating wounds of aged patients. In 2016, close to US$ 2,000 Mn worth of surgical stapling devices were sold in the world. The report projects that these revenues will be doubled by the end of 2026, projecting that the global surgical stapling devices market will soar steadily at 7.6% CAGR.

In the report, titled “Surgical Stapling Devices Market: Global Industry Analysis and Opportunity Assessment, 2016-2026,” North America has been identified as the largest market for surgical stapling devices. By the end of forecast period, more than US$ 1,000 Mn revenues will be solely attributed by North America’s surgical stapling devices market. Advanced healthcare infrastructure in Western Europe has facilitated the region’s surgical stapling devices market, which will register a value CAGR of 7.9% through 2026. Although, fastest consumption of surgical stapling devices will be witnessed in the Asia-Pacific excluding Japan (APEJ) region. The APEJ surgical stapling devices market is expected to soar at the highest CAGR of 8.6%.

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Leading Manufacturers of Surgical Stapling Devices: Medtronic plc, Grena Ltd., Purple Surgical Holdings Limited, Dextera Surgical Inc., Johnson & Johnson Services, Inc., 3M Company, and Meril Life Sciences Pvt. Ltd.

The report reveals that hospitals will remain the largest end-users of surgical stapling devices in the world – accounting for more than 60% of global revenues. Meanwhile, the demand for surgical stapling devices will also gain traction in ambulatory surgical centres. Key findings in the report indicate that powered surgical stapling devices worth US$ 1,182 Mn were sold globally in 2016, while the demand for manual surgical stapling products is anticipated to incur a downtrend in the years to come.

Throughout the forecast period, six out of ten surgical stapling devices sold in the world are likely to be disposable, while revenues from reusable surgical stapling products will be growing at a sluggish rate. Preference to curved surgical stapling is also on a rise, revenues from which are expected to soar impressively at 9% CAGR.

Dermatological surgeries will undoubtedly require greater number of surgical stapling devices. The report estimates that in 2016, nearly US$ 600 million revenues were amassed from the sales of surgical stapling devices in treatment of skin-related surgical wounds. The use of advanced surgical stapling devices is also expected to gain momentum for closing dissected or ruptured blood vessels during surgeries. Wounds situated in the patient’s digestive tract are also being treated by surgical stapling, and by the end of 2026, around US$ 665 million worth of devices will be consumed for such treatments.

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Eye Tracking System Market expansion at a massive CAGR of 26.6% between 2018 and 2028

The US$ 472 million eye tracking system market is slated to take a whopping leap over the next decade, reaching the value equating US$ 5 Bn by the end of 2028. As depicted in a recently released intelligence outlook by Future Market Insights, the global market for eye tracking system will exhibit an exceptionally high growth rate – predominantly driven by brisk technological advances and an expanding application base of eye tracking system in assistive communication devices.

However, the market for eye tracking system will continue to position itself in the high-growth low-volume quadrant throughout the projection period.

FMI anticipates the global eye tracking system market expansion at a massive CAGR of 26.6% between 2018 and 2028. While the capability of eye tracking system to offer unique insights to help comprehend human behavior will remain the most prominent factor driving its demand worldwide, FMI also marks rapid technological advances in software solutions and hardware components to continue fueling the growth of eye tracking system market through 2028.

Although concerns regarding the safety, privacy, and security of eye tracking data continues to surround the methods used for data collection and use, strong efforts are being taken by some of the leading stakeholders in the eye tracking system market to assure data privacy and security.

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Key Research Findings

Europe and North America, the current leaders in the global eye tracking system market, will continue to represent higher value shares in the total market value throughout 2018-2028.
The demand for eye tracking system is most likely to gain a significant boost in Asia Pacific by descending price points and an extending application base – especially in the academic research realm and multiple commercial areas.
Although remote eye tracking system currently dominates the global market, FMI expects the wearable eye tracking system to demonstrate relatively faster growth – accounting for a larger share of revenue in the eye tracking system market by 2028 end.
Based on application areas, assistive communication has been spearheading in terms of revenue generation. Moreover, smartphones, gaming, and AR/VR have been identified to represent the next big things creating attractive opportunities in the eye tracking system market over the forecast period.
The critical need for expert resources and services for appropriately using the volumes of relevant and actionable data cannot be overstated, especially in case of research in medical and academic areas, and consumer behavior.

Combined Use of Eye Tracking System with Biometric Data Facilitating Understanding of Human Decision Making

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Though conventionally provided data by eye tracking system involves the position of gaze, fixations, and the areas of interest of the subject that is being tracked vis-à-vis the visual stimuli, industry experts have been repeatedly highlighting the dearth of sufficient insights on the underlying emotions, perceptions, and experiences behind the tracked gaze patterns and fixations. To overcome this longstanding functional challenge, a large number of companies operating in the global eye tracking market are providing eye tracking data in integration with other biometric measures. According to FMI, electroencephalography (EEG), facial expression analysis, and electro-dermal activity analysis are some of the biometric measures that hold the potential to create relevant synergies with the existing eye tracking data.

Acquisitions and Strategic Partnerships Playing a Pivotal Role in Shaping Competitive Landscape of Eye Tracking System Market

Several competitors in the global market for eye tracking system are striving for product differentiation by focusing on optimum pricing and higher specification level. A majority of manufacturers are already enjoying high sales of eye tracking system with the USP of the easy-to-setup and easy-to-calibrate devices. A large number of eye tracking system providers are also keeping the introduction of application-specific product offerings at the center stage – with an objective to better address market requirements.

Larger firms dealing in eye tracking system are expected to respond to a several acquisition opportunities, in an effort to gain access to propriety eye tracking solutions and product offerings of small yet significant technology providers. This acquisition spree is presumed to be spearheaded by the players operating in smartphone and AR/VR space, eyeing the high potential of the eye tracking technology for integration in a wide range of consumer products.

Partnerships with other device manufacturers are foreseen to be emerge as one of the top developmental strategies adopted by key players in the eye tracking system market. While partnerships primarily aim to facilitate the integration of eye tracking system in consumer products at the OEM level, FMI also identified these partnerships to help market players strengthen their distribution partners in those regions where they do not have a direct market presence.

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Prefilled Syringes Drug Molecules Market is expected to reach a market valuation of over US$ 70 Billion by the end of 2027

Prefilled syringes drug molecules are prefilled with medication by the manufactures and are supplied to end users in the ready-to-use form. The overall global investment in healthcare has increased in the last few years. Healthcare field solutions continue to be sought after to increase the quality of life, which provides significant opportunities for pharmaceutical companies. This has also contributed to the growth of various segments of the healthcare industry such as the prefilled syringes drug molecules market. A new research report by Future Market Insights titled ‘Prefilled Syringes Drug Molecules Market: Global Industry Analysis 2012–2021 and Opportunity Assessment 2022- 2028’ briefs the scenario of the global prefilled syringes drug molecules market. According to the market analysis, the global prefilled syringes drug molecules market is expected to reach a market valuation of over US$ 70 Bn by the end of 2027, growing at a CAGR of 5.7% during the forecast period.

Global Prefilled Syringes Drug Molecules Market: Drivers and Opportunities

The report indicates that revenue growth of the market is mainly driven by the effectiveness, convenience and ease of use of prefilled syringes. This has attracted various healthcare professionals and patients to use prefilled syringes. In addition, the minimal contamination of drug molecules and self-administration of drugs at home settings have increased the demand for prefilled syringes drug molecules. Manufacturers are focussing on introducing updated technologies and advanced products in order to attract customers. Pharmaceutical companies are introducing generic versions for cost-effective auto-injector devices and are targeting emerging regions such as the Asia Pacific, Middle East and others in order to sustain and grow in the global prefilled syringes drug molecules market.

Global Prefilled Syringes Drug Molecules Market: Segmental Analysis

On the basis of region, North America is expected to lead the market with a huge margin. The North America prefilled syringes drug molecules market is expected to reach a market valuation of over US$ 23,000 Mn by the end of 2028, growing at a CAGR of 6.2% during the forecast period.
On the basis of drug class, vaccines and insulin are anticipated to show quite similar forecast with a high revenue share and CAGR

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On the basis of application, immunisation dominates the global prefilled syringes drug molecules market with its projected revenue share. However, diabetes leads in terms of growth rate with 6.6% CAGR during the forecast period.
In terms of end users, hospital pharmacies are expected to lead the global market with a market revenue of over US$ 32,000 Mn by 2028. However, online pharmacies are projected to register a higher growth rate of 6.2% during the forecast period.

Global Prefilled Syringes Drug Molecules Market: Competitive Landscape

This comprehensive research report consists of a brief profile of all the major players in the industry. Some of the top companies featured in the report are Amgen Inc., Teva Pharmaceutical Industries Ltd., AstraZeneca plc, Mylan N.V., Pfizer, Inc., Fresenius Kabi AG, Johnson & Johnson, Sanofi, Merck & Co. Inc., Novartis AG etc. The global prefilled syringes drug molecules market is highly competitive due to the presence of well-established top players. However, brands such as EpiPen auto Injector and BD Physioject disposable auto injector have strategically maintained their position in the market owing to a distinctive value proposition such as providing more precision and accurate dosage.

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Hydro Fluorocarbon Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI

Hydro fluorocarbon is mainly employed as a refrigerant in various end user segments such as auto mobiles and air conditioners among others. Hydro fluorocarbons also find application as solvents and blowing agents in several industries such as pharmaceutical, electronics, etc. Refrigerant is the foremost application segment for hydro fluorocarbons and the trend is expected to continue for the next six years.

Increasing demand for refrigerants has been a major driver for the industry. Demand for refrigerants is profoundly dependent on the overall economic growth rate, industrial investments and increasing disposable income. Therefore, developing economies of Asia Pacific region are expected to drive the market growth in the near future. Hydro fluorocarbons are substituting HCFC (Hydro Chloro Fluorocarbon) and CFC (Chloro Fluorocarbon) as their use has been phased out owing to their environmental hazards. Although hydro fluorocarbons are less hazardous than CFC and HCFC, hydro fluorocarbons are hazardous to the environment and their use is monitored by several international organizations. Environmental hazards associated with hydro fluorocarbons have been a major restraint for the industry. Developing an eco-friendly refrigerant is expected to offer huge growth opportunity for the industry.

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Asia Pacific dominates the global hydro fluorocarbon market and the trend is expected to continue in the near future. The demand in Asia Pacific is mainly driven by the developing economies of India and China. North America and Europe are anticipated to grow at a sluggish rate owing to market maturity and stringent environmental regulations. In the RoW region, demand for hydro fluorocarbon is expected to be driven by the increasing demand from Middle East and South America.

Major players in the hydro fluorocarbon market include Honeywell International Inc., Daikin Industries Ltd, Asahi Glass Co. Ltd, Puyang Zhongwei Fine Chemical Co. Ltd, Solvay S.A., Gujarat Fluorochemicals Ltd and Zhejiang Juhua Co. Ltd among others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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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

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