BB Cream Market 2022 Outlook, Current and Future Industry Landscape Analysis 2027

According to a recent report by Future Market Insights (FMI), the BB cream market is expected to surpass a valuation of US$ ~ 3,433.2 Mn in 2021 and at a CAGR of approximately ~9.1% through 2027.

Increasing urbanization has led to changes in the lifestyle of consumers which is driving the demand for innovative cosmetic products in the market. Moreover increasing population of working women aged 25 and over is another factor driving sales of premium quality makeup and grooming products including BB creams.

As per the statistics of the Catalyst, less than half (~47%) of all women account for the global workforce. Working females are self-dependent, they tend to spend a decent amount of income on their appearance and hobbies. Women emphasis on personal appearance is a key growth driver for the market.

Time-saving is another major factor that is attracting customers. Initially, BB creams were introduced to target young people, especially women who want to hide pimples as well as uneven skin tones. Later on, BB creams targeted young mothers who have less time but want to look good without having to engage in complex make-up procedures. Hence, BB creams became a perfect solution for young mothers.

Owing to the above-mentioned factors, BB cream is not only popular among women, but also among men due to increasing consciousness among the latter about their physical appearance, owing to which they spend a considerable amount of time and money to look good.

Also, an increase in disposable income and higher spending power in women is driving sales of cosmetics in the market. Multifunctional beauty products offer long term benefits along with natural and herbal products. These products are offered to consumers at comparatively lower costs thus driving sales in the cosmetic market.

Key Takeaways from the BB Cream Market Study

  • Among the global BB cream market’s skin type, the largest is Combination, which represents US$ 996.9 Mn of the market in 2021. It is growing rapidly over the course of the forecast period, and this absolute growth is larger than any other segment.
  • The popularity of BB cream has spread to South Asia, mainly in Korea. Apart from its benefits, the fact that it helps to reduce the time required to apply makeup has attracted a large number of women.
  • The rising demand for BB creams was primarily witnessed among the working-class population, which does not have the time to spend on an elaborate make-up routine.

Impact of COVID-19 on the MarketThe outbreak of the novel coronavirus pandemic has hampered the demand for cosmetics and personal care products, as the purchasing power of the customers were changed. As per the World Bank, the global economy is poised to stage its most robust post-recession recovery in 80 years in 2021. However, with the public and government support and vaccination drive, again the economy is coming on a track.

Who is winning?Leading manufacturers of BB cream are focused on aggressive promotional strategies and advertisements that have driven sales growth of BB cream globally. Major players present in the BB cream market are L’Oreal S.A., The Estee Lauder Companies Inc., Shiseido Company Limited, Unilever, Christian Dior SE, Revlon, Inc., Coty Inc., Avon Products Inc., Missha US Inc., The Clorox Company, L’Occitane International S.A., AmorePacific Corporation, Stila Styles LLC, Tarte Inc., Lancome SA, Groupe Marcelle, Bobbi Brown Professional Cosmetics Inc., Physicians Formula Holdings Inc., Clinique Laboratories LLC, Dr. Jart., Shiseido Company Limited, Unilever, Christian Dior SE, Revlon, Inc., Coty, Inc., Avon Products, Inc., and Missha US Inc. among others.

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Global BB Cream Market by CategoryBy Skin Type :

  • Dry
  • Normal
  • Oily
  • Combination
  • Sensitive

By SPF Type :

  • Below 15 SPF
  • Between 15-30 SPF
  • Above 30 SPF

By End Users :

  • Men
  • Women

By Sales Channel :

  • Direct Selling
  • Specialty Outlets
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Beauty Stores
  • E-Retailers
  • Others

By Region :

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

Polymer Testing Equipment Market 2022 Outlook, Current and Future Industry Landscape Analysis 2027

Global sales of polymer testing equipment that valuated roughly around US$ 1.5 billion in 2018 will observe a healthy yearly growth of 5.4% in 2019, as indicated by a new research report of Future Market Insights (FMI). While a majority of demand growth has been attributed to the increasing number of applications, FMI highlights the significant role of regulatory standards for polymers and polymer-based materials in necessitating the adoption of polymer testing equipment.

According to the study, capillary rheometers and melt flow meters are likely to witness relatively higher rate of adoption, attributed to the increasing need for determination of melt flow rate and the viscosity of polymers.

Adoption of Polymer Testing Equipment by Textile Industry Operators Prevails

Although medical industry will remain a major shareholder with over 1/4th share of the total polymer testing equipment market value, textile industry has also been cited as a highly attractive investment pocket for manufacturers of polymer testing equipment. The rate of polymer testing equipment adoption in the latter is poised to see modest growth, with a contribution of almost a fourth of the total market value.

As polymers play a significant role in the manufacturing of natural fibres such as cotton, jute, and others, textile industry is likely to continue steady demand generation in polymer testing equipment, in the years to come. Moreover, continuous inventions and modifications in the textile industry will boost the demand for polymer testing equipment.

Increasing Demand for Capillary Rheometers & Melt Flow Meters Fuelling Market Growth

The polymer testing equipment market is driven by the rapid growth in operations of research laboratories. The capillary rheometer and the melt flow meter currently constitute the most attractive types of polymer testing equipment that play an essential role in the field of research laboratories.

A capillary rheometer is an instrument designed to determine the viscosity of polymer, rate of deformation, and other rheological properties of polymers or composites such as plastics and fibres. Melt flow meters are used for the testing of the Melt Flow Resistance (MFR) of a wide range of polymer materials. GÖTTFERT Werkstoff Prüfmaschinen GmbH, a Germany-based manufacturer of polymer testing equipment, recently launched Melt Index Tester MI-ROBO with force-controlled compression of the test material, as well as the expression of the residual material at the end of a measurement.

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Regional Expansion Trending Polymer Testing Equipment Market

According to FMI’s analysis, Illinois Tool Works Inc. (the US), A&D Company, Limited (Japan), and Qualitest International Inc. (the US) are among the key manufacturers of polymer testing equipment. Besides innovations, polymer testing equipment market players are concentrating on stronger customer relationships and improved distribution network, according to FMI’s analysis of the global polymer testing equipment market.

Several key companies are also identified to focus on manufacturing capacity expansion to cater to steadily increasing demand for polymer testing equipment. While strategic collaborations, acquisitions, and mergers are likely to facilitate expansion strategies of such players, the report indicates that they will aid companies in enhancing their regional footprint within untapped geographies such as APAC and Latin America. The US-based Thermo Fisher Scientific recently announced the launch of a new business center and bio repository in Frederick, Md., which is expected to help the company meet the global demand for testing equipment and medical diagnosis.

Some of the key vendors that have been profiled in the polymer testing equipment market report include Aimil Ltd., Agilent Technologies, Inc., GÖTTFERT Werkstoff Prüfmaschinen GmbH, Thermo Fisher Scientific, Dynisco, AMETEK Inc., Hildebrand Prüf- und Meßtechnik GmbH, INNOVATEST, HexaPlast India, International Equipments, Advance Equipments, Edutek Instrumentation, Asian Test Equipments, Malvern Panalytical Ltd., Ray-Ran Test Equipment Ltd., and Testing Machines Inc.

Key SegmentOn the basis of product type

  • universal testing machine
  • capillary rheometer
  • pendulum tester
  • melt flow tester

On the basis of test type

  • mechanical
  • physical
  • thermal
  • rheological
  • optical test

On the basis of end use

  • laboratories
  • packaging
  • textile
  • construction
  • aerospace & defence

Lung Cancer Surgery Market is impressive rate of ~6% CAGR, over the Forecast period 2022 – 2029

Over 2 million new cases of lung cancer were registered globally by the end of 2018, as reported by the American Cancer Society, Inc. The global lung cancer surgery landscape currently represents a US$ 1 Bn market and will expand at a strong CAGR during the period of projection, 2019 – 2029. A new Future Market Insights (FMI) report states that the use of techniques that are minimally invasive, video assisted, and robot assisted is growing, which is shaping the future of lung cancer surgery market.

Robotic thoracic surgery would remain highly preferred over traditional surgical techniques, as it offers higher magnification, more precision, and eliminate the need for large-incision operations. Development of new surgical robots may cut down the cost of devices and increase shift towards robotic lung cancer surgery. Introduction of new imaging techniques for enhancing visualization, angled lenses for enhanced accessibility, and end staplers will continue to enhance the video-assisted lung cancer surgery procedure.

Intuitive Surgical is the sole player in robotic lung cancer surgery market with its DaVinci system. Medtronic and Johnson & Johnson are developing surgical robots and are challenging the monopoly of Intuitive Surgical in lung cancer surgery market.

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Key Takeaways – Lung Cancer Surgery Market Study

  • Introduction of powered and tissue-specific endoscopic stapling technology provides significant benefits to reduce cost, resource usage, improve clinical outcome compared to manual staplers.
    • In September 2019, Johnson & Johnson launched ECHELON CIRCULAR™ Powered Stapler for thoracic, colorectal, and gastric surgery.
    • In March 2016, Intuitive Surgical Inc. got U.S. FDA approval for its da Vinci Xi Endowrist Stapler 30 (30 mm) instruments and reloads.
  • Key market players are focusing on the development of new robot-assisted thoracic surgery system. Partnerships & collaborations with best in class surgical device and visualization technology developers are the strategic focus of manufacturers. For instance,
    • Medtronic partnered with Karl Stroz, a best in class endoscopic imaging devices manufacturer. In June 2019, Medtronic announced its upcoming robotic-assisted surgical platform including three-dimensional vision systems from Karl Stroz.
  • East Asia is expected to be the prominent region in the lung cancer surgery market during the forecast year. This is attributed to high prevalence of lung cancer in China & Japan increasing the demand for lung cancer surgery. According to the International Agency for Research on Cancer, from overall cancer patients in China and Japan, around 18.1% and 16.8% patients respectively were having lung cancer.

Development in robotic thoracic surgery platforms and innovation in tissue-specific endoscopic stapling and vessel sealing techniques to reduce endoleak complications will further broaden the growth prospects of the lung cancer surgery market.

Product Portfolio Expansion to Increase Global Footprint

Manufacturers are adopting product portfolio expansion strategy to increase their footprint in the global lung cancer surgery market. Market players such as Pentax Medical, Olympus, Johnson & Johnson, Intuitive Surgical Inc. are continuously focusing on new product launches and regulatory approvals. For instance,

  • In July 2016, PENTAX Medical launched new DEFINA high-definition pulmonology endoscopy system for crystal clear imaging during surgical procedures.
  • In April 2018, Intuitive Surgical Inc. received U.S. FDA clearance for da Vinci Vessel Sealer Extend single-use, the fully wristed bipolar electrosurgical instrument for lung cancer surgery procedures such lobectomy, segmentectomy, and wedge resection.

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Lung Cancer Surgery Market Structure Analysis

  • The global lung cancer surgery market represents a fragmented competition scenario. Most of the key players maintain their strategic focus on the development of advanced energy devices, introduction of new imaging technology, and joint ventures & collaborations for innovative technological development. For instance,
    • In March 2019, Titan Medical and Teleflex incorporated announced collaboration for the development of robotic ligation technology.
  • Market leaders such as Ethicon (Johnson & Johnson), Medtronic Plc. Olympus Corporation, Intuitive Surgical Inc., PENTAX Medical Company contributed more than half of the market value share in the lung cancer surgery market in 2018.
  • Robotic-assisted lung cancer surgery market is dominated by Intuitive Surgical Inc., manufacturer of da Vinci System. da Vinci System is the only robotic surgery system available for lung cancer surgery such as lobectomy.
  • For a greater hold in the target market, lung cancer surgery device manufacturers continuously emphasis on strategies, such as mergers and acquisitions. For instance, in April 2019, Johnson & Johnson completed the acquisition of Auris Health Inc. a robotic platform technology manufacturer.

Learn More About Report

The lung cancer surgery market a new study from Future Market Insights, provides unparalleled insights on evolution of the lung cancer surgery market during 2014 – 2018 and presents demand projections during 2019 – 2029 on the basis of product type (thoracoscopes, mediastinoscopes, bronchoscopes, robotic-assisted thoracic surgery systems, surgical staplers, and surgical energy instruments), application (lobectomy, segmentectomy, wedge resection, pneumonectomy), end user (hospitals, ambulatory surgical centers) across seven prominent regions.

Key Segment

Product

  • Surgical Energy Instruments
    • Advanced Energy Instruments
      • Advanced Bipolar Instruments
      • Ultrasonic Instruments
    • Basic Energy Instruments
      • Bipolar Instrument
      • Monopolar Instruments
  • Thoracoscopes
  • Mediastinoscopes
  • Bronchoscopes
  • Robotic-Assisted Thoracic Surgery Systems
  • Surgical Staplers

Application

  • Lobectomy
  • Segmentectomy
  • Wedge Resection
  • Pneumonectomy

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End User

  • Hospitals
  • Ambulatory Surgical Centers

Region

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

Residential Hobs Market 2022 Outlook, Current and Future Industry Landscape Analysis 2027

According to the market report published by Future Market Insights titled ‘Residential Hobs Market: Global Industry Analysis and Opportunity Assessment 2019-2027’ the revenue generated from residential hobs is estimated to be valued at over US$15 Bn in 2019, which is projected to increase at a CAGR of 6.3% during the forecast period (2019-2027).

In the global residential hobs market, prominent companies are emphasizing innovative product features to match the pace of technological advancements, thereby strategizing on new product launches. Moreover, a major focus on research & development activities has been a key factor in boosting the residential hobs market.

The supply-side participants of the residential hobs market are following the trend of miniaturization owing to an increase in the number of nuclear families, which has led to the designing of products that are more compact but have the same efficiency as the larger versions. Increase in the number of smart homes is another major factor driving the demand for residential hobs.

The emergence of technologies, such as IoT, has revolutionized home automation, due to which consumers are enjoying the full benefits of technological advancements. With the increasing popularity of induction hobs worldwide, consumers have become more aware of the energy efficiency of induction hobs, which has led to substantial growth in the demand for residential hobs.

The manufacturers of residential hobs are using various strategies that will help them distinguish themselves from other prominent participants in the market. The companies that are operating in the residential hobs market are more focused on the mass audience. These companies are introducing products with enhanced safety and reduced human efforts, along with the basic functionalities of residential hobs.

The new features in induction hobs enable them to cook faster than gas hobs. Moreover, they have a faster response time and more precise temperature setting options. They are also safer to use as the surface other than the burner is always cool. In addition, the burners are turned off automatically as soon as the cookware is removed. They are also more energy-efficient as compared to their counterparts.

Modern residential hobs provide additional benefits such as child lock for the safety of children, an automatic timer that helps the cook focus on other elements of the dish that they are cooking instead of worrying about what is on the burner, touch controls that make the operations easier, pan detection that detects whether the burner is suitable or not, and an auto switch-off that turns off the burner in case of overheating or in case the pan was removed. These benefits have resulted in an increase in the demand for residential hobs.

The global residential hobs market is segmented on the basis of the regions, which include the Asia Pacific Excluding Japan (APEJ) residential hobs market, North America residential hobs market, Middle East & Africa residential hobs market, Europe residential hobs market, Japan residential hobs market, and Latin America residential hobs market. Among all these regional markets, the Europe residential hobs market is estimated to have the highest share in terms of value.

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Key Players in the Residential Hobs Market

A brief analysis of the profiles of companies is also provided in the global residential hobs market report to evaluate the key products offerings, strategies, and recent developments. Some of the key participants profiled in the global residential hobs market report include Capella Home Appliances; Sunflame Enterprises Private Limited; Bosch-Siemens Hausgeraete GmbH; FABER S.p.A; SMEG S.p.A; Amica S.A.; Electron International; Elica S.p.A.; Glen Dimplex Group; IFB Industries Limited; Arcelik A.S.; Panasonic Corporation; Miele & Cie. Kg; Haier Group Corporation; Robert Bosch GmbH.; Siemens AG; Midea Group Co., Ltd.; Samsung Electronics Co. Ltd.; AB Electrolux; and Whirlpool Corporation.

Key SegmentBased on product type

  • gas hobs
  • induction hobs

Based on price range

  • low range
  • medium range
  • high range

Based on number of burner/induction zones

  • two
  • three
  • four
  • five or more burners/induction zones

Based on sales channel

  • exclusive stores
  • multi-brand stores
  • online stores
  • independent stores
  • others

Cognitive Neuroscience Market is set to witness a 4.6% CAGR growth during the year 2022-2031

According to the latest research by Future Market Insights, Cognitive neuroscience market is set to witness a 4.6% CAGR growth during the year 2021-2031. The market has been a moderately competitive market developing at a rapid rate and is anticipated to observe lucrative growth with rising cases of neurological disorders that include Parkinson’s, Alzheimer’s diseases, and other dementias are projected to drive the market growth.

Also, neuroscience-based initiatives by government bodies, high influencing factors, such as current brain mapping research and investigation ventures, and technological advancements in algorithms and tools that are applied in neuroscience space, are anticipated to propel the market growth.

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What is Driving Demand for Cognitive Neuroscience?

The rising number of brain-related disorders and the number of advanced healthcare systems are certain driving factors for the market.

Furthermore, key factor that has accelerated the research studies in this arena is the growth in the number of various malignant CNS disorders such as Parkinsonism and Alzheimer’s disease. As geriatric population is prone to various central nervous systems associated disorders such as schizophrenia, Alzheimer’s, and Parkinsonism, with growth in the older population, this market is anticipated to witness lucrative growth.

Also, constant launch of novel products by major participants in the market to fight several neurological disorders is anticipated to increase Y-O-Y growth of this market.

Surge in Number of Deaths Due to Neurological Disorders likely to boost the Cognitive Neuroscience Sales

The rising incidents of neurological disorders, which include Parkinson’s, Alzheimer’s, and other brain-related disorders are expected to encourage participants in the cognitive neuroscience market to help combat such disorders. In 2018, over one hundred thousand people died because of Alzheimer’s in the United States.

Also, rising number of neurological disorder cases are expected to increase the number of deaths occurring due to these disorders. Moreover, the government bodies are growing the medical expenditure to support development of medical facilities in neuroscience leading to development of the market.

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US and Canada Cognitive Neuroscience Market Outlook

United States and Canada led the Cognitive Neuroscience market. U.S. Cognitive Neuroscience market is anticipated to witness noteworthy growth owing the existence of neuroscience based research organizations as well as availability of advanced healthcare systems.

Moreover, large organizations and many neuroscientists are spreading knowledge and awareness through programs concerning the brain system in government as well public offices. Also, rise in number of deaths associated with neurological disorders is one of the key factors for the development of the market in U.S.

Europe Demand Outlook for Cognitive Neuroscience

Europe is second leading market and is anticipated to register a significant growth because of the growing burden of neurological diseases in Europe and the availability of large manufacturers in the region.

In 2017, as per ‘The burden of neurological diseases in Europe’ report, over a million deaths occurred in the WHO European region due to neurological diseases. It lead towards a high demand for the growth of the cognitive neuroscience market.

Who are the Key Manufacturers and Suppliers of Cognitive Neuroscience?

Some of the leading manufacturers and suppliers of cognitive neuroscience include

  • Siemens Healthineers
  • Scientifica Ltd.
  • Alpha Omega Inc.
  • GE Healthcare
  • Biobserve GmbH
  • NeuroNexus Technology
  • Laserglow Technologies
  • Kendall Research Systems LLC and others.

The cognitive neuroscience market is moderately competitive, with the existence of a large number of players in global markets. Key players in the market are focusing on mergers & acquisitions and partnerships with other small players. Moreover, companies are also concentrating on research activities and new product launches.

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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

Cervical Retractors Market is set to witness robust growth with 6.9% CAGR growth during the year 2022-2031

According to the latest research by Future Market Insights, the cervical reactor market is set to witness robust growth with 6.9% CAGR growth during the year 2021-2031. The rising prevalence of cervical pain, increasing geriatric population and rise in number of cervical spine surgeries across globe are the major factors driving the demand for cervical reactor market.

As to the data released by the United Nations, the world had ~962 million individuals with age 60 or above in 2017, which represented 13 percent of the worldwide population in that year. Further, this population is expected to expand at a pace of 3 percent per year. Spinal problems are the most frequent conditions found in older individuals, affecting 5–55 percent of those with age 55 and above.

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What are the Factors Driving the Demand for Cervical Retractors Market?The growth of the market has been attributed to important factors, including the increasing prevalence age-related cervical conditions, surging geriatric population, increasing adoption of technologically advanced devices, and rise in number of cervical spine surgeries across globe are the major factor driving the demand for cervical retractors.

Furthermore, the key competitors in the market are witnessing the enormous research and development efforts to create new technologically advanced product for non-invasive surgeries.

The U.S. And Canada Cervical Retractors Market OutlookU.S and Canada are the key manufacture of cervical retractors and the technological advancement for innovative product have encouraged the cervical retractors.?

Factors such as the growing incidents of chronic diseases, rising number of surgical procedures in the region, the presence of a well-established healthcare system, the presence of leading players can be attributed to growth in the U.S. and Canada.

Additionally, U.S. and Canada is the largest contributor to the cervical retractors market, with a similar flow likely to continue and dominate the industry in the next several years.

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Europe Demand Outlook for Cervical Retractors MarketEurope’s fastest-growing market for cervical retractors and continues and dominate the industry. Factors such as prevalence of autoimmune disorder, increasing adoption of minimally invasive surgeries, and high R&D focus by major market players are some of the factors driving the cervical retractors market Europe.

Additionally, the growing medical conditions are associated with a high risk for adverse outcomes such as mortality, disability, institutionalization, and hospitalization has also boosted the demand outlook for cervical retractors in Europe.

Who are the Key Manufacturers and Suppliers of Cervical Retractors Market?Some of the key players operating in the cervical retractors market are

  • Aesculap
  • TeDan Surgical Innovations
  • Life Spine
  • Thompson Surgical
  • Medfix International
  • Rudolf Storz
  • Globus Medical
  • Novo Surgical
  • NSI Health Systems

Companies involve mergers, collaborations, and acquisitions aimed at enhancing their product portfolios, production capacity, and ensuring competitive variety. For instance, In September 2021 a new stand-alone cervical system from Nexxt Spine has been commercially launched. When it comes to titanium’s strength and durability, the NEXXT MATRIXX® Cervical Stand-Alone System matches PEEK’s modulus of elasticity.

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.

 Cervical Retractors 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

Note: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Key Segment

By Product Type:

  • Transverse Retractors
  • Longitudinal Retractors
By End User:
  • Hospital
  • Speciality Clinic
  • Ambulatory Care Centres
  • Others

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By Region:

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

Water Quality Testing Equipment Market is expected to grow at a CAGR of Approximately Over 2022-2027

Water quality testing equipment sales roughly equated US$ 3.4 Bn in 2018. According to a new analytical study of Future Market Insights (FMI), sales of water quality testing equipment will surge at a healthy CAGR of more than 5.5% during the projection period, 2018-2027.

Plethora of Applications of Water to Sustain Sales of Water Quality Testing Equipment

Around 70% of the freshwater is used in horticulture, which will continue to establish a strong base for growth of water quality testing equipment market. Fishing in salt and fresh water has been a primary income source within several regions, which is cited as another important factor pushing expansion of water quality testing equipment market.

Constantly evolving regulatory framework for long-distance trade of products such as oil and natural gas, manufactured clothing and automotive products will also remain among the key factors fueling revenue growth of water quality testing equipment market. Water, steam, as well as ice are utilised for a range of small- and large-scale cooling and warming applications, further pushing demand growth of water quality testing equipment.

Various industrial applications such as groundwater and surface water investigations of water bodies make it imperative to monitor physical, chemical, and biological parameters of water. According to FMI’s analysis, this will a significant booster for global water testing equipment market growth through 2027.

Strict Regulatory Framework to Drive Water Quality Testing Equipment Market Growth in Developed Regions

The report foresees water quality testing equipment market in Asia Pacific excluding Japan (APEJ) to hold a substantial share in the global market value in coming years.  Increasing investments from governments to strengthen the implementation of water policies and growing adoption of safe-water standards as well as multiple international regulations and policies will prominently drive adoption of water quality testing equipment within APEJ.

FMI further expects the water quality testing equipment market to witness solid growth in Middle East & Africa (MEA) owing to the growing implementation of strict regulatory guidelines related to safe drinking water, by governments. The Americas and Europe will however remain dominant in the water quality testing equipment market, driven by rapid industrialization, and strongly backed by the stringent regulatory framework.

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Inadequate Awareness & Relatively Low Capital Investment May Affect Growth of Water Quality Testing Equipment Market

Although various international organisations, such as WHO, International Water Management Institute, and UN World Water Development among others are continuously introducing favourable regulatory policies for water management, lack of sufficient public awareness about safe water quality, particularly in several underdeveloped and developing economies, will continue to be a major challenge facing adoption rate of water quality testing equipment. Inadequate funding and negotiable governmental policies within several economies will also remain the significant factor negatively impacting growth of water quality testing equipment market.

FMI’s report has profiled some of the key players operating in the global water quality test equipment market, including ABB Ltd., Hanna Instruments, SUEZ, Thermo Fisher Scientific, Inc., Agilent Technologies Inc., Danaher Corporation (Hach), Honeywell International Inc., Shimadzu Corporation, and Emerson Electric Co. among others.

Key SegmentOn the basis of application

  • industrial
  • environmental
  • laboratory
  • government

On the basis of device type

  • stationery or bench-top
  • portable

On the basis of test type

  • pH test
  • dissolved oxygen test
  • conductivity test
  • turbidity test
  • TDC tests

Functional Electrical Stimulation Market to Witness Stunning Growth by 2031

Functional Electrical Stimulation Market Overview

According to the recent research by Future Market Insights, the functional electrical stimulation market is set to witness 8.6% growth during the forecast period from 2021 to 2031. The rising incidences of injury to the central nervous system lead to enhance functional electrical stimulation market during the forecast period from 2021 to 2031. Therefore, there will be significant growth seen in the functional electrical stimulation market.

What is Driving the Demand for Functional Electrical stimulation?

The functional electrical stimulation market is driven by various factors such as rising musculoskeletal disorders, advancement in the technological field such as medical science, the rising importance of pain management therapies in different fields of medicines, and the increasing number of physiotherapists for the disorders of muscle stimulators helps decrease pain, decrease discomfort, restore muscle tone, and rehabilitate various parts of the body.

Also, the unhealthy diet and lack of physical activities and exercise tend to drive the demand for functional electrical stimulation soon.

Rising Prevalence of Musculoskeletal Disorders Likely to Propel the Growth of Functional electrical stimulation Market

The prevalence of musculoskeletal disorders is rising globally due to unhealthy diet and lack of physical activity which leads to obesity and musculoskeletal disorders.

According to WHO data of February 2021, a total of 1.71 billion people were suffering from musculoskeletal conditions worldwide. Among which low back pain causes the highest burden with a prevalence of 568 million people suffering from the condition globally.

Thus, the demand for functional electrical stimulation will increase significantly with the increasing prevalence of musculoskeletal disorders shortly.

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U.S. and Canada Functional Electrical Stimulation Market Outlook

Obesity is related to nervous system disorders and can lead to the condition of stroke also where the blood stops flowing to the brain. In America, the prevalence of obesity is rising due to changing lifestyles such as having unhealthy diet choices and changing sleep schedules.

For instance, according to CDC, the prevalence of obesity increases from 30.5% to 42.4% from 2000 to 2018.

Therefore, the demand for functional electrical stimulation will increase during the forecast period from 2021 to 2031.

Europe Demand Outlook for Functional Electrical Stimulation

The prevalence of the musculoskeletal disorder is high in the region that has a direct positive impact on the electrical stimulation market. For instance, Poland and Hungary are the two European countries with the highest prevalence of musculoskeletal disorder with 6,737 and 6,697 per 100,000 population respectively.

Thus, with the rising musculoskeletal disorder, the demand for functional electrical stimulation also rises in the region.

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Who are the Key Manufacturers and Suppliers of Functional Electrical Stimulation?

The key players of functional electrical stimulation include HASOMED GmbH, Bioness Inc., Trulife, Otto Bock, Odstock Medical Limited, Hobbs Rehabilitation, MotoMed, and others.

The above companies follow certain strategies like merger & acquisition, getting FDA approval, and new product launches to be at the top position in the market. For instance, in May 2017, Ottobock collaborated with Bioness for the distribution of the new FES generation from Bioness.

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.

Integrated Functional Electrical Stimulation 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.

Note: Although care has been taken to maintain the highest levels of accuracy in FMI’s reports, recent market/vendor-specific changes may time to reflect in the analysis.

 

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Key Segments

By Product Type:

  • Wired Devices
  • Wireless Devices

By Indication:

  • Neurological Disorders
  • Pain Management
  • Musculoskeletal Disorders
  • Others

By End User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Clinics

By Region:

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

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Portable Air Conditioner Market Insights, Deep Analysis of Key Vendor in the Industry 2022-2027

According to a recent report by Future Market Insights (FMI), the portable air conditioner market is expected to surpass a valuation of US$ ~1.1 Bn in 2021 and at a CAGR of approximately ~2.9% through 2027.

Technological advancements have become a necessity in today’s world. The innovation of environment-friendly products is essential, as the governments of most countries have introduced regulations pertaining to the conservation of the environment. Moreover, consumers are also aware of the importance of using energy-efficient products.

Portable air conditioners are environment-friendly products as they consume less energy. Dual-hose and single-hose ventilation systems are primarily used in portable air conditioners. Portable air conditioners make less noise as compared to the window or split air conditioning systems. Some portable air conditioners also act as dehumidifiers, which help in cooling as well as removing excess moisture from the air, and this feature is boosting their popularity in the market.

The demand for portable air conditioners is increasing due to growth in disposable income, which is making portable air conditioners affordable. The flexibility factor on the part of air conditioning systems and the demand for energy-efficient & environmental-friendly devices are boosting the usage of portable air conditioners.

Key Takeaways from the Portable air conditioner Market Study

  • As per analysis, 11,000-15,000 BTUs ranging from portable air conditioners are to witness maximum growth rate with a CAGR of over 3.6%. Portable air conditioners ranging within the mentioned BTUs are energy-efficient, lightweight, and are effective for the designed area of use, which is driving the demand and is growing in terms of sales.
  • Residential sectors are highly lucrative for the portable air conditioner market majorly due to the fact that individuals are keen on working at different locations and thus, require products that are easily moveable and can be transported at a minimal cost.
  • Multi-brand Stores offers customers a large variety of product range and thus, customers purchase according to their needs. However, online retailers are likely to witness a high growth rate because of various reasons such as the availability of various seasonal discounts and offers. Moreover, such platforms allow a customer with a unique exchange rule, and thus, in return, a huge discount is provided on the new product.

Impact of COVID-19 on the MarketThe COVID-19 pandemic had drastically affected industries worldwide and had put a temporary stop to the production, movement of individuals. In addition, the lack of trading between countries had changed the functioning and therefore, individuals adopted new and alternative methods to survive.

Several countries throughout the world relaxed lockdown regulations in the latter months of 2020, resulting in an increase in demand for portable air conditioners. In addition, the restart of trading between countries and the relaunch of e-commerce websites resulted in steady growth. And the healthcare sector had led to the rise in demand for new locations with well-equipped amenities and thus, demand for portable air conditioners had risen.

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Who is winning?Leading manufacturers of portable air conditioners are investing in technological advancements and are advertising them globally to drive sales of portable air conditioners globally.

Major players present in the portable air conditioner market are De’Longhi S.p.A, Electrolux AB, LG Electronics Inc., Midea Group, Olimpia Splendid, Haier Group Corporation, Honeywell International Inc., Carrier Corporation, The Whirlpool Corporation, NewAir, Whynter, Gree Electric Appliances Inc., Panasonic Corporation, Frigidaire, and Friedrich among others.

Global Portable Air Conditioner Market by CategoryBy Capacity:

  • 5,000-10,000 BTUs
  • 11,000-15,000 BTUs
  • 16,000-20,000 BTUs
  • 20,000 & Above BTUs

 By End Use:

  • Residential
  • Commercial

By Sales Channel:

  • Wholesalers/ Distributors
  • Hypermarket/Supermarkets
  • Specialty Stores
  • Multi-brand Stores
  • Online Retailers
  • Other Sales Channel

By Region:

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

EMG Biosensors Market 2021: Global Industry Analysis, Size, Share, Growth, Trends And Forecast To 2031

According to the latest research by Fact.MR, EMG biosensors market is set to experience steady growth during the year 2021-2031. With increasing importance of continuous health monitoring, the market according to research conducted by Fact.MR will see a steady growth over the forecast period of 2021-2031 with a CAGR of around 6.7%.

Skeletal muscles in the human body carry out their function of contracting and relaxing with help of electrical signals directed by the brain. EMG or Electromyograph is type of device that measure this electrical activity. Any variation in these patterns can point to a disturbance in the standard muscular function. This activity can be widely measured and analysed in two forms; pattern recognition and signal intensity.

EMG Biosensors Market study by “Future Market Insights” provides details about the market dynamics affecting the market, Covid-19 Impact, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.

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This Report encloses comprehensive analysis on the market and are assessed through volume and value data validated on three approaches including top companies revenues. It concludes with precise and authentic market estimations considering all the parameters and market dynamics. Every crucial and decisive detail for the development and restriction of the market is mentioned in fine points with solutions and suggestions that may affect the market in near future. Segmentation of the market are studied specifically to give profound knowledge for supplementary market investments.

The report EMG Biosensors Market gives varied description about the segmentation of the market on the basis of segmented Dosage, Route of Administration and Application, and leads with a descriptive structure of the trends and restrictions of the various segments and sub segments. It also provides the market size and estimates a forecast from the year 2018 to 2028 with respect to major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The report also provides exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors effecting the EMG Biosensors Market.

The report facilitates in determining and interpreting the key market players, portfolios with necessary information such as company profiles, components and services offered, financial information of past few years, key developments in past few years, that helps in constructing strategies to gain competitive advantage in the long run. The report also analyzes factors affecting EMG Biosensors Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.

Leading EMG Biosensors Market Players:

  • Biometrics Ltd. (US)
  • Delsys Incorporated (US)
  • Butler Technologies (Ireland)
  • iMotions (Denmark)
  • EB Neuro S.p.A. (Italy)
  • Compumedics NeuroScan (United States)
  • OpenBCI (US)
  • Ceribell Inc. (United States)

Key Elements that the report acknowledges:

  • 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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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