Global UV Lamps Market Revenue is Anticipated to Increase from US$ 164.1 Mn in 2014 and Reach US$ 523.8 Mn by 2025

Future Market Insights (FMI) delivers key insights on the global UV lamps market in its latest report titled “UV Lamps Market: Global Industry Analysis and Opportunity Assessment, 2015–2025”. Global UV lamps market revenue is projected to expand at a CAGR of 11.3% during the forecast period due to various factors, regarding which FMI offers vital insights in detail in its report.

On the basis of lamp type, the market has been segmented into UV LED and UV mercury lamp, with the latter representing nearly 90% revenue share of the global UV lamp market in 2014; FMI expects this segment to witness a decline of 27 BPS by the end of 2025.

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UV mercury lamp segment is categorised into low-pressure, medium- pressure and amalgam mercury lamp. Among these, amalgam mercury lamp dominated the UV mercury lamp segment market, accounting for over 40% of the UV mercury lamp market in 2014.

On the basis of end-use application, the UV lamps market is segmented into wastewater treatment, water treatment, air treatment, surface treatment and food and beverages disinfection. Revenue contribution by the food and beverages disinfection segment was over 25.1% in 2014, which is projected to increase to 28.2% by the end of 2025, gaining 309 BPS and expanding at a CAGR of 12.5% during the forecast period.

Water treatment segment is categorised into industrial process water treatment, water treatment, commercial water treatment, residential water treatment, municipal pool and spa, and others. Municipal water treatment sub-segment accounted for the highest revenues in 2014, and this trend is expected to continue through 2025.

Air treatment is further sub-segmented into residential and commercial, healthcare facilities, and others. Among these, residential and commercial sub-segments accounted for bulk of the revenues in 2014; FMI estimates this segment to retain its dominance throughout the forecast period.

Increasing Municipal Infrastructure Investment Driving Adoption of UV Lamps

Growth of the global UV lamps market is mainly driven by increasing municipal infrastructure investment, safety measures through regulations, increasing industrial development and price performance of UV lamps compared to other conventional treatment methods.

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Asia Pacific Excluding Japan (APEJ)was dominant in the global UV lamps market with over 30% market share in 2014, followed by North America with 24.2% market share. APEJ is projected to remain the largest market for UV lamps over the forecast period, driven by increasing municipal infrastructure investment, industrial development and cost-effective solutions offered by UV lamps when compared to the other conventional treatment methods used in the region.

Some key players identified in the global UV lamps market are Trojan Technologies Inc., Xenex Disinfection Services LLC, Xylem Inc., OSRAM GmbH, Koninklijke Philips N.V., Heraeus Holding Gmbh, Calgon Carbon Corporation, Halma PLC, Severn Trent PLC, and Atlantic Ultraviolet Corporation.

Major UV lamp manufacturers in the market are currently focusing on strengthening their partnerships with major UV disinfection equipment manufacturers. In addition, UV disinfection equipment manufacturers are focusing on providing a broad and customised range of UV solutions to cater to the varying and increasing customer demands.

Key Regions 

The global UV lamps market has been sub-segmented into seven major regions which include North America, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan, Eastern Europe, Latin America and Middle East & Africa. APEJ dominated the market with over 30% of the overall UV lamp market share in 2014, while Eastern Europe followed with over 20% market share. In addition, APEJ is anticipated to be the fastest growing region in the UV lamp market in terms of revenue contribution.

Key Segments Covered 

  • UV Lamps Market
    • Lamp Type
      • UV Mercury Lamp
        • Low-pressure Mercury Lamp
        • Medium-pressure Mercury Lamp
        • Amalgam Mercury Lamp
      • UV LED
    • End-use Application
      • Wastewater Treatment
      • Water Treatment
      • Air treatment
      • Surface Treatment
      • Food and Beverages

Key Regions covered:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • MEA

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Edutainment Market 2022 Expectations & Growth Trends Highlighted Until 2032

According to the edutainment industry analysis by Future Market Insights (FMI), the demand registered in the market will increase at a healthy CAGR of 16.1% from 2022-2032.

The report states that the market is expected to reach the valuation of ~US$ 1.8 Bn by the end of 2022. As per FMI, rapid technological advancements and introduction of learning through entertainment have created prospects for edutainment.

Edutainment is helping to improve children’s social skills by using children’s literature, practicing social overtures, and strengthening social & emotional education. It also enhances social-emotional well-being in youngsters by improving teachers’ social-emotional curriculum design and competence.

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The edutainment centers usually appeal to the 8 to 14 age group and their parents. This indicates penetration of deep youth population under the age of 14 in the Asia-Pacific and with rising incomes and expectations, parents are spending more on their children, which is expected to drive the edutainment market growth.

Indoor parks are both within greater reach and more profitable to most developers and operators as compared to outdoor theme parks due to which number of operators are launching new edutainment centers to attract the customers.

Furthermore, in 20th century children used to be much more physically active as compared to the present as they did not have access to video games, handheld gaming devices, computers or the Internet. But especially in recent years, the world is much more socially interactive and sophisticated, however, physical activity is an important habit for a healthy lifestyle. Thus, children and young adults are the most attractive demographics segment in the overall edutainment market.

Key Takeaways: Edutainment Market

  • By gaming type, the explorative segment is anticipated to account for the leading share in the global demand for edutainment during the forecast period. However, the hybrid combination segment is estimated to grow at a robust CAGR of 19.0% through 2032.
  • By revenue source, the entry fees & tickets segment is anticipated to increase at a CAGR of 18.2% between 2022 & 2032.
  • Based on visitor demographics, children (0-12) segment is estimated to witness high growth during the forecast period as most pre-school and kindergarten providers have realized that open-ended play in the right environment helps children develop and learn emotionally, cognitively, socially, and physically.
  • North America is expected to lead the market followed by Europe in 2022. South Asia & Pacific is anticipated to emerge as the fastest growing region between 2022 & 2032.
  • The market in China is expected to progress at a CAGR of around 18.4% through 2032.
  • In India, sales are expected to increase at a CAGR of close 23.6% over the next ten years.

 “The key players of edutainment parks are focusing on investing on adding new features and new rides in the edutainment parks for boosting its capacity to serve customers and for enhancing the customer base” says FMI analyst.  

Inclination towards New Kinds of Edutainment to Propel the Sales

Soft modular play centers, operated on a pay-for-play basis, were the first incarnation of edutainment centers. They were based upon the mistaken idea that indoor, safe, physical play met the play needs of young children. Later centers were bigger and included rides, games, and passive entertainment including animatronics, which was basically more of the same. Some center operators looked to the early childhood education and children’s museum industries.

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Nowadays, new edutainment centers recognizes that all children are not alike, that kids come in different ages and levels of development, and represent distinct genders and cultures and experiences. This generation is based wholly on “actual” reality and high touch. It offers children a place with the tools they need to create their own magical worlds, where their imaginations rule and they can develop their minds, souls and bodies. As a result, the edutainment market is projected to register a noteworthy growth during the forecast period.

Footfall in Edutainment Centers is increasing with Changing Lifestyles

Entertainment choice of consumer are mostly focused on building a personal narrative and memorable experiences. New business models arise as entrepreneurs ride key trends within the market which is creating a dynamic environment for investment, and businesses that strike a chord among consumers and reach a level of scale can expect strong support. In developing markets, growth rates are estimated to be high as incomes of consumers is rising and available free time is increasing. Theme parks/ edutainment parks are also benefiting from rising incomes and the pivot to experience.

Rapid industrialization, increased disposable income and busy working schedules have significantly hampered the lifestyles of customers globally in the past few years. These changes in lifestyles have boosted the preference for spending quality time along with education, entertainment, food & beverages and other fun activities. This is among factors that are encouraging customers to visit edutainment centers for spending their leisure time, as well as for celebrations, adventure experiences, education etc. With these changing lifestyles, edutainment centers are offering more and more modern education and entertainment options for kids under one roof. This is among the key factors responsible for driving the edutainment market across the globe.

More Valuable Insights on Edutainment Market

Future Market Insight’s report on the edutainment industry research is segmented into five major sections – gaming type (interactive, non-interactive, explorative, hybrid combination), facility size(5,000 to 10,000 sq ft, 10,001 to 20,000 sq ft, 20,001 to 40,000 sq ft, and >40,000 sq ft), revenue source(entry fees and tickets, food & beverages, merchandizing, advertising, others), visitor demographics(children(0-12), teenagers(13-18), young adults(19-25), adults(25+)) and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the edutainment demand outlook.

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Laryngoscopes Market Perspective, Comprehensive Analysis, Growth and Forecast 2020-2030 : FMI

The demand for laryngoscopes is rising in response to the increasing incidence prevalence of laryngeal diseases such as laryngitis, larynx cancer, and diseases affecting vocal nodules. According to a new study by Future Market Insights (FMI), the laryngoscopes market is likely to rise at above 5% CAGR between 2020 and 2030. Laryngoscopes help in the insertion of tubes like endotracheal tube and gastric tube. They are used to examine the back of the throat to collect samples as well as help in the indirect visualization process of the vocal chords and surrounding areas.

The rising demand for non-invasive devices for the treatment of laryngeal diseases is driving the laryngoscopes market. Increasing number of doctors and medical professionals are now opting to follow laryngoscopy due to its effectiveness. FMI forecasts this to rise consistently over the course of the forecast period.

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Key Takeaways from Laryngoscopes Market Report

  • The laryngoscopes market to exhibit surging sales as demand rises due to the increasing incidence of vocal or throat related diseases
  • Increasing caution regarding hygiene have resulted in doctors adopting laryngoscopes in order to minimize invasion and contact
  • Reusable laryngoscopes are popular in the market due to their environmentally friendly properties
  • North America is expected to emerge as the leading market for laryngoscopes and is likely to remain dominant through the forecast period
  • While hospitals will continue exhibiting high demand, sales in specialty clinics as well are expected to surge in the coming years

COVID-19 Impact Analysis

The COVID-19 pandemic has disrupted a lot of industries, including the laryngoscopes market. Implementation of lockdowns and ban on transportation have declined production of laryngoscopes. While there has been demand for laryngoscopes from the health industry, shortage of manpower as well as resources have slowed down production.

The market is expected to bounce back following the pandemic due to increasing demand for non-invasive throat treatments. Heightened awareness regarding hygiene due to the pandemic is also expected to boost demand for laryngoscopes. The market is expected to travel at a positive trajectory from 2021.

Who Is Winning?

The laryngoscopes market is mainly dominated by a few key players in the market. Increasing demand and favorable government policies have created opportunities for the entry of new players in the market. Players are now seeking to expand their growth by collaborating and partnering with different companies.

Players have shifted their focus to develop and innovate desgins that ensure better safety and comfort. Key players are now involved in developing laryngoscopes to correct existing errors and deficiencies. This has increased competition among the players to create better and more efficient laryngoscopes.

Some of the key players in the laryngoscopes market are Johnson & Johnson, Pentax Medical Company, Boston Scientific Corporation, Karl Storz GmbH & Co. KG, Fujifilm Holdings Corporation, B. Brain Melsungen AG, Olympus Corporation, Medtronic Plc., Smith & Nephew PLC, Conmed Corporation and Stryker Corporation.

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• Comprehensive analysis on evolving purchase pattern across different geographies
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Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

Intrauterine Insemination (IUI) Devices Market Growth Buoyed by Higher Success Rates: FMI Study

The global intrauterine insemination (IUI) devices market has witnessed a marginal slump in 2020, which can be attributed to the ongoing covid-19 outbreak. Restrictions on production facilities, and the redirection of healthcare resources to handle the pandemic has hurt short-term market prospects. However, the long-term prospects of the market remain bullish, with a new study by Future Market Insights (FMI) estimating the market to grow at nearly 3.8% CAGR.

According to the study, despite the steady growth of the intrauterine insemination (IUI) devices sector, strict regulations on fertility treatments, for demographics such as same sex couples in a number of countries hold back market growth.

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The market study by FMI covers an extensive overview of the market, with information on the dynamics of the intrauterine insemination (IUI) devices market. Some of the leading takeaways include:

  • The intrauterine insemination (IUI) devices market size was nearly US$ 35 Mn in 2019, with market growth falling moderately through the duration of the coronavirus outbreak, as lockdown restrictions hurt supply chains, and consumers display lower inclination to adoption.
  • IVF clinics will remain the primary users of intrauterine insemination (IUI) devices, the end user segment is expected to account for more than 55% of the market share over the assessment period.
  • Sperm wash product offerings in the intrauterine insemination (IUI) devices market are highly sought after, driven by higher efficacy in artificial insemination.
  • East Asia will remain a predominant market for intrauterine insemination (IUI) devices, supported by the low costs of healthcare and improvements to technology will boost adoption. Also, South Asia is expected to reflect strong growth owing to numerous domestic players.

“Investments by IVF clinics towards cutting edge fertility technologies in a competitive industry drive the demand for intrauterine insemination (IUI) devices. Changes in laws favoring single parents and same sex couples will support market developments, particularly in developed economies,” said a lead analyst from FMI.

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Covid-19 Impact on Intrauterine Insemination (IUI) devices Market

The coronavirus pandemic has moderately impacted the intrauterine insemination (IUI) devices market, with restrictions on elective healthcare procedures. Also, large scale lockdowns have also affected pricing owing to disrupted supply chains, hindering sales during the crisis period.

Further, manufacturers are pushed to limit or close down production processes, for non-essential applications. The demand for intrauterine insemination (IUI) devices is also likely to be affected by the coronavirus crisis, owing to health risk to pregnancies during this period.

These factors, in addition to a slump in consumer expenditure has hurt market size, and limited investments. However, the market is expected to display recovery towards 2021, with gradual relaxation of lockdown restrictions.

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Who is Winning?

In its latest report, Future Market Insights has provided an in-depth overview of the business strategies that are used in the intrauterine insemination (IUI) devices market. Major market players in the industry have largely invested their resources into product development and launch strategies. Strategic geographical and capacity expansions are also gaining prominence in the intrauterine insemination (IUI) devices market.

CooperCompany Inc., Cook Medical, Kitazato Corp., Rocket Medical Plc, Prince Medical, Gynotec B.V., Surgimedik Healthcare, Medgyn, and MediTech Devices Pvt. Ltd. are some of the more prominent players in the intrauterine insemination (IUI) devices market.

Heating Pads Market to Garner Brimming Revenues by 2031

Heating Pads Market Overview

According to the latest research by Future Market Insights, Heating Pads Market is set to experience 6.5% growth during the year 2021-2031. The growth of veterinary home diagnostics is attributed due to lack of physical exercises, sedentary and changing lifestyle along with increasing prevalence of chronic pain in major parts of the body such as neck, back and knees uplifts the heating pad market.

What is driving Demand for Heating Pads Market?

Due to surge in Changes in lifestyle of people, lack of exercises and prevalence of chronic pain stimulates industrial expansion of heating pads. Moreover, growing number of obese people and individual with sedentary lifestyle is growing across the globe, which further increase the possibility of chronic pain in different part of the body and its treatment with the help of the heating pad.

Growing demand for heating due to lifestyle changes, pain reduction, increased mobility, reducing stiffness and restore flexibility and growing usage of heating pads as they uplift the oxygen flow and nutrients to the muscles which further helps in muscle recovery, these are considered to be some important factors enhancing the market growth of heating pads.

Heating Pads cannot be used during Pregnancy which Restricts the Market growth of Heating Pads

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Every positive aspect has a negative aspect as well, in case of heating pads, these pads cannot be used during pregnancy period and muscle strains which further hampers the market of heating pads over the forecast period. Sometimes, abnormal body thermoregulation is experienced while using heating pads which acts as the major disadvantageous factor offered by heating pads. Moreover, heating pads emit heat which makes them dangerous when used in an inappropriate manner. For instance, a heating pad can get hot as much as 180 degrees which can further cause third degree burns which will require skin grafting.

Heating pads, pose a burning risk for people with diabetes. Therefore, usage of heat therapy immediately aftermath of an injury is restricted. It is due to heat can cause more swelling along with tissue injury.

U.S. and Canada Heating Pads Market Outlook

U.S. and Canada are expected to have the highest share and therefore will dominate the Heating Pads Market. This is due to the increasing and vast population along with prevalence of back and shoulder pain due to long working hours are anticipated to contribute to the speedy development of the heating pad market. Many U.S. brands have formed up various alliances with Chinese ODM/OEM producers, which further makes China a key producer in the heating pad market.

Europe Demand Outlook for Heating Pads Market

The European market for Heating Pads Market is estimated to grow at a considerable rate during the forecast period. This surge in growth is due to the changing lifestyle of people, lack of physical activities increases the demand for heating pads as they are helpful in muscle recovery. Furthermore, growing prevalence of chronic physical pain in the body also upsurges the demand for heating pads in this region. Furthermore, increment in oxygen flow and nutrients to the muscle is also considered to be one of the factor which uplifts the market of heating pads.

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Who are the Key Manufacturers and Suppliers of Veterinary Home Diagnostics?

Some of the key players operating in the Heating Pads Market are

  • Sunbeam
  • Carex
  • Thermalon
  • Milliard
  • Nature Creation
  • Beurer
  • Drive Medical
  • Kaz
  • Walgreens
  • Beady Heat Therapy
  • Sunny Bay
  • PureRelief
  • BodyMed
  • Dongguan Yu Xin Electronic
  • Chattanooga Medical Supply
  • Thrive
  • Conair
  • Dongguan Yongqi

Manufacturers in the market focus on carrying out certain strategic activities such as acquisitions and merger, expansion, product launch, etc.

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.

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

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Poultry Diagnostics Market Growth Trends, Key Players, Competitive Strategies and Forecasts to 2030 : FMI

Future Market Insights in its new report has projected positive growth prospects for the poultry diagnostics market for the assessment period between 2020 and 2030. High consumption of chicken on a global scale and increasingly strict food safety standards in developed countries will held aid growth.

Widespread outbreaks of infectious diseases such as avian influenza is a key factor driving the demand for diagnostic infrastructure in the poultry industry. Also, awareness campaigns by public and private bodies about avian diseases among poultry farmers is positively influencing the industry.

Furthermore, concerns over food security and investments by governments and international bodies towards the intensive farming sector will drive cultivation of poultry. This will also support the demand for poultry diagnostics in the long-term.

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Key Takeaways

  • ELISA tests are expected to continue holding major market share through 2030, owing to superior accuracy and cost efficiency.
  • Diagnostics for avian influenza has been estimated to reflect higher market share on the back of widespread incidences in developing countries.
  • Newer ailments such as mortality syndrome are expected to generate lucrative opportunities in terms of product development and interest from the veterinary sector.
  • Virology services are expected to be a major contributor to the market owing to higher risk from viral infections for human consumers.
  • South Asia & Pacific, will reflect fast growth, with poor hygiene standards in developing nations. North America will continue to hold larger market share, owing to superior infrastructure.

Insights on the Coronavirus Impact

As the covid-19 outbreak continues to wreak havoc on the global economy, the poultry diagnostics market is expected to also be adversely impacted during the crisis period. While chickens and other poultry birds are not at risk to the virus, the pandemic is likely to hurt consumption, logistics, and sales of birds. This can be largely attributed to strict regulations on the food service businesses.

These factors are expected to reduce chicken stocks in the poultry industry for the short term, which in turn will reduce the demand for diagnostic tools and infrastructure in the industry. The market is likely to recover strongly towards 2021, as demand for poultry products picks up. Strict food safety laws and concerns over other strains of coronavirus will aid market developments.

Market Competitiveness

Market leaders in the poultry diagnostic industry include but are not limited to Agrobiotek Internacional, Bioneer Corporation, Affinitech Ltd., Zoetis Inc., Biochek, Thermo Fisher Scientific, Bioingentech Biotechnologies Inc., Qiagen N.V., Bionote Inc., Megacor Diagnostik GmbH, and Idexx Laboratories Inc.

Market participants are increasingly focused on the product research with the aim of developing and launching improved testing tools for faster and accurate results. In addition, strategic industry collaborations and acquisitions are being used to build a foundation in a moderately competitive landscape.

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Why Future Market Insights?

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

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

Gaucher and Pompe Diseases Enzyme Replacement Therapy (ERT) Market is expanding at over 7% CAGR through 2030 : FMI insights

ESOMAR-certified Future Market Insights (FMI) has recently published an exhaustive yet unbiased analysis of the global Gaucher and Pompe disease ERT market providing insights on key growth trends through 2030.

As the global burden of genetic disorders such as Gaucher disease, Fabry disease, Pompe disease and other abnormalities rise, healthcare providers are scrambling to develop potential therapeutic approaches to offset their impacts.

According to the National Gaucher Foundation, one in every 450 people belonging to the Ashkenazi Jewish community suffer from Type-1 Gaucher disease, the most prevalent form, thereby opening up credible growth prospects for the future.

Key Takeaways

  • Gaucher and Pompe Disease ERT market to expand at 5.6% value CAGR through 2020
  • Type-1 non-neuronopathic Gaucher disease to remain key treatment area, accounting for over 90% revenue by 2020-end
  • Parenteral ERT administration to be most frequent, attributed to high demand for precision-based medicine
  • Online pharmacies gaining credible impetus, expanding at over 7% CAGR through 2030
  • Europe to retain lucrativeness, North America to be the 2nd largest market by 2030

“Increasing regulatory approvals by government authorities is paving way for the entry of prominent enzyme replacement therapy providers, thus generating immense revenue prospects across promising markets,” concludes the FMI analyst.

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COVID-19 Impact Analysis

As healthcare organization reorient their resources to fight the coronavirus pandemic, the market for Gaucher & Pompe Disease ERT experienced a substantial blip in the initial months, with treatment sessions declining significantly across several countries.

For instance, until July 2020, Spain recorded a 25% decline in enzyme replacement therapy sessions amongst people suffering from Type-1 and Type-3 Gaucher Disease respectively. This largely occurred as a consequence of rescheduling treatments at a later date.

In the United States, hospital visits to avail ERT have registered considerable decline for avoiding exposure to COVID-19 patients. As a result, patient self-administration at home have burgeoned. Furthermore, the pandemic has provided an opportunity to undertake research on lysosomal dysfunction and disease pathogenesis which would enhance clinical care.

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Competitive Landscape

Prominent players operating in the Gaucher & Pompe Disease ERT landscape include Shire PLC, Ultragenyx Pharmaceuticals Inc., Sigma-Tau Pharmaceuticals Inc., Pfizer Inc., Alexion Pharmaceuticals Inc., Sanofi SA, Merck KGaA, Tadeka Pharmaceuticals, AbbVie Inc. and BioMarin Pharmaceutical Inc. to name a few.

Manufacturers rely on introduction of novel technologies to advance effective ERTs for numerous genetic conditions. For instance, in October 2018, the U.S Food & Drug Administration approved Sigma-Tau Pharmaceuticals’ (Lediant Biosciences) RevcoviTM injection for treating adenosine deaminase severe combined immune deficiency (ADA-SCID).

Likewise, Sanofi SA markets the Cerezyme® ERT ­injections through its Genzyme subsidiary, which offers a long term efficacy to elderly and pediatric patients suffering from Type-1 Gaucher Disease, and is the only known long-term cure for the condition.

More Insights on FMI’s Gaucher and Pompe Disease ERT Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global Gaucher and Pompe Disease ERT market, analyzing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the Gaucher and Pompe Disease ERT Market on the basis of therapeutic condition (Gaucher disease and Pompe disease), route of administration (oral and parenteral) and distribution channel (hospital pharmacies, specialty treatment pharmacies, retail pharmacies and online pharmacies) across seven prominent regions.

Key Segments

Therapeutic condition

  • Gaucher Disease
  • Type 1 (non-neuropathic)
  • Type 2 (acute infantile neuronopathic)
  • Type 3 Gaucher disease (chronic neuronopathic)
  • Perinatal lethal Gaucher disease
  • Cardiovascular Gaucher disease
  • Pompe Disease
  • Classic infantile-onset
  • Non-classic infantile-onset
  • Late-onset

Route of Administration

  • Oral
  • Parenteral

Distribution Channel

  • Hospital Pharmacies
  • Specialty Treatment Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

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Region

  • North America (U.S & Canada)
  • Latin America (Brazil, Mexico, Argentina & Rest of LATAM)
  • Europe (U.K, Germany, France, Spain, Italy, Russia & Rest of Europe)
  • East Asia (China, Japan & South Korea)
  • South Asia (India, Thailand, Indonesia, Malaysia & Rest of South Asia)
  • Oceania (Australia & New Zealand)
  • Middle East & Africa (GCC, South Africa, Turkey & Rest of MEA)

Microneedle Drug Delivery Systems Market Growth Trends, Key Players, Competitive Strategies and Forecasts to 2030 : FMI

Emerging applications of microneedle drug delivery systems are expected to fuel their demand over the next decade. According to a recent report published by Future Market Insights (FMI), the global microneedle drug delivery systems market will grow at a CAGR of 6.6% between 2020 and 2030. The market is witnessing surging demand in the field of pharmacy and cosmetics.

The rising incidence of diseases such as cancer, diabetes, migraine, and others and the need to accurately administer medications are driving the market. Additionally, the demand for minimally invasive and painless treatment methods is expected to bode well for the market.

The report uncovers hidden growth opportunities. It also highlights potential threats to the market players. Some of the key takeaways from the report are highlighted below.

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Key Takeaways from the Report

  • Solid microneedles are expected to lead the market during forecast period of 2020-2030 among product type
  • Hospitals are the leading end users of microneedle drug delivery systems, with specialty clinics gaining popularity.
  • Specialty clinics are expected to grow at an accelerated rate as one of the key end users of microneedle drug delivery systems
  • North America is the largest market for microneedle drug delivery systems. Along with Europe, it is expected to cover more than 70% of the market by end of 2030.
  • East Asia is expected to be the fastest growing regional market during the next decade.

Covid 19 Restricting Pace of Growth

The onset of pandemic has disturbed the entire business ecosystem. With productions coming to a halt and supply chains disrupted due to lack of transport, manufacturers of microneedle drug delivery systems are impacted in a big way.

Also, because of several restrictions by governments like social distancing, doctors and practitioners are choosing to avoid any surgical treatments which are not absolutely and immediately necessary.

Furthermore, cosmetic field which is another major user of microneedle drug delivery systems is also impacted as almost all treatments under their umbrella are considered to be not urgent.

Who is winning?

The key market players in microneedle drug delivery systems market include the 3M Company, Becton, Dickinson and Company, Zosano Pharma Corporation, Raphas co. ltd., Nanopass Tech, Corium International, Inc., Valeritas, Inc., Nitto Denko Corporation, Microdermics, Inc., TheraJect Inc., Vaxxas Pty Ltd., Endoderma Ltd., QuadMedicine, SNvia Co., Ltd., Small Lab and AdminMed Nano BioSciences LLC

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Why Future Market Insights?

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

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

Automotive SoC Market 2022 Assessment and Key Insights Analyzed Till 2028

As per the revised research done by Future Market Research (FMI), the Automotive SoC market size is expected to grow from US$ 17,066.7 Mn in 2022 to US$ 26,800.5 Mn by 2028. The Automotive SoC market would grow at a CAGR of 7.8% during 2022-2028. The automotive SoC market accounted for almost 20% market share of global System-On-Chip (SoC) market industry.

The global automotive SoC market is set to show significant growth in coming years owing to factors such as increasing adoption of Advanced Driver Assistance Systems (ADAS) and infotainment systems in smart vehicles, self-driving cars and semi-autonomous cars by Automotive Original Equipment Manufacturer (OEMs) and car manufacturer across the globe.

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Automotive SoC is in-house or outsourced function that can investigates, monitors, and helps to improve the security posture of fleets. Automotive SoCs can be utilize in enhancing automated structures that offers state-of-the-art experience to the driver or customer. Automotive SoCs helps in multiple specialized processing units on a single chip that performs multiple simultaneous tasks such as body control, camera vision, and information display.

Automotive SoC Market in for a Notable Growth Phase through 2028

In a recently released intelligence outlook by Future Market Insights, the global automotive SoC market will exhibit a high growth rate – predominantly driven by technological advances and an expanding application base of automotive SoC, especially in electric/hybrid cars. FMI also marks rapid technological advances enabling near-real time object identification to continue fueling the growth of automotive SoC market through 2028.  Increasing demand for connected cars and government regulations guarding the connected car ecosystems are decisive factors impacting the demand and adoption of automotive SoC, globally.

Increased R&D and Vehicle Electrification Key Factors Fuelling Automotive SoC Adoption

Leading automakers are investing in R&D of vehicle automation to meet the consumer demands and provide a seamless in-car and driving experience. Advancements including speech recognition, audio and video sensing, image compatibilities, GPS and radar capabilities, advanced driver assistance, advanced security and safety, and IC-integrated LED front lighting, all play a crucial role in vehicle automation, which are integrated using SoC. Another factor projected to fuel the adoption of automotive SoC, is the increasing electrification in hybrid and electric vehicles. Cellular technologies and telematics are widely adopted as a means to stay connected in autonomous cars.

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automotive soc market

Government Initiatives Supporting Electric Vehicles Production to Strengthen Automotive SoC Market

Governments are taking initiatives to promote and expand the manufacturing sector. Moreover, they are also reducing regulatory complexities to enhance manufacturing efficiency. Initiatives to improve vehicle emission levels and fuel-efficient systems are also picking pace. Such government initiatives are supplementing the production of electric and hybrid vehicles, and attracting global companies to invest in the semiconductors industry and related integrated chips, further consolidating the growth of automotive SoC market globally.

Automotive SoC Market Survey by Category

By Application

  • Infotainment Systems SOCs
  • ADAS SOCs
  • Others

By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • China
  • Japan
  • SEA and other of APAC
  • Middle East & Africa

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Growing Demand for Luxury Commercial Vehicles to Create Investment Opportunities for Automotive SoC Manufacturers

On the other hand, dynamic import tariffs and taxes imposed on electronic instruments and consumer electronic goods in regions like North America, Asia Pacific, and Western Europe, is affecting the sales of semiconductors and related electronic chips in these regions. Decreasing sales of semiconductors and other chips is projected to restrain the automotive SoC market, globally. In terms of opportunities, growing demand for luxury commercial vehicles in regions such as North America, Europe, and Asia Pacific is creating huge market opportunities for automotive SoC manufacturers. Top manufacturers such as VOLVO, Daimler/Chrysler, and Bharat Benz are focusing on next generation driving experiences in their commercial vehicles, integrated with SoC. Automotive SoC provide storage space for rich infotainment multimedia data, advanced software and applications, among other benefits.

Bread Dough Improver Market : Global Industry Analysis 2015 – 2019 and Opportunity Assessment 2020 – 2030 : FMI

Increased adoption of ketogenic diets fuels demand for a global bread dough improver market. People continue to slash their carbohydrate consumption due to ketogenic or paleo diets. This move towards low-carb food made the bread manufacturers to offer lower-carb bread products with added fibre and protein.The growing need for bread dough improver to boost the sensory characteristics, dough, shelf-life and improved taste are some of the factors driving market development.  Growing demands for emulsifiers, especially in bakery applications, is a substantial factor for the market.

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As international food tracks and fusion restaurants creates opportunity in the restaurant industry, baked goods showcasing exotic seasoning blends such as turmeric, warm, cinnamon and cumin flavours could attract to curious consumers who want to turn their bread routines. Increased use of baked food products in the restaurant industry triggering the growth of global bread dough improvers market.

In addition, growing understanding of food and health safety fuels the demand for multigrain and whole wheat breads, which continues to expand the market. Bakery manufacturers are innovating their goods in order to satisfy the consumer’s changing functionality. All these factors contribute to the global bread dough improver market growth.

Shelf Life Enhancer Property Driving the Growth of Global Bread Dough Improver Market

Bread dough improver helps to extend the shelf life of baked food products, which actively helps manufacturer in reducing food waste. Furthermore, it is attributed to characteristics which helps to provide bread with more softness, delayed staling and resilience.

Emulsifiers are used to decrease the amount of fat in baked goods in the manufacture of baked goods. Lecithin, DATEM, monoglycerides and diglycerides are some of the emulsifiers used in the formation of bread dough improvers. At lower prices, emulsifiers are readily accessible. Emulsifiers, such as lecithin, are often used to manufacture clean-label products, confirming the growing superiority of the emulsifier market.

It is predicted that emulsifiers is anticipated to remain sought-after among products in the global market for baking ingredients, This is primarily attributed to many positive emulsifier-related factors in the baking process, such as increased fermentation activity, decreased production costs , improved stability of the dough and extended shelf-life.

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Bread Dough Improver Market: Key Players

Some of the key players operating in the global bread dough improver market includes

  • Lesaffre
  • Puratos Group
  • Swiss Bake Ingredients Pvt. Ltd.
  • Calpro Foods Pvt Ltd
  • Associated British Foods Plc.
  • Oy Karlz Fazer Ab.
  • AB Mauri India Pvt Ltd.
  • Laucke Flour Mills

Bread Dough Improver Market: Regional Presence

Growing consumption of convenience and processed foods due to hectic lifestyles is expected to boost the bread dough improvers market. Rising consumption of ready-to-eat and on—the-go breakfast meals as a result of high disposable income and urbanization propel the growth of bread dough improvers in the across the developed countries.

Europe remains the dominant market for global bread dough improvers market owing to its penetration as staple food in many countries such as U.K., Germany and many others. Most of key players operating in the global bread dough improver market have strong distribution network in European countries, due to high demand for baked food products.

The bread dough improver market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the bread dough improver market, including but not limited to: regional markets, product type, nature, form, and application and distribution channel.

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The study is a source of reliable data on:

  • Bread dough improver market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The bread dough improver market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the bread dough improver market report projects the attractiveness of each major segment over the forecast period.

Highlights of the Bread Dough Improver market report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the bread dough improver market
  • Recommendations to companies for strengthening their foothold in the bread dough improver market
Bread Dough Improver: Market Segmentation

product type :

  • Reducing Agents
  • Oxidizing Agents
  • Emulsifiers
  • Enzymes
  • Stabilizers
  • Others

nature:

  • Organic
  • Conventional

form :

  • Powder
  • Liquid
  • Others

application :

  • Breads
  • Viennoiserie
  • Cakes
  • Others

distribution channel :

  • B2B
  • B2C
    • Hypermarkets/Supermarkets
    • Convenience Store
    • Specialty Store
    • Online Retailers
    • Others