Automotive Counter Shaft Market Competitive Growth Strategies Based on Type, Applications, End User and Region

According to latest research by Future Market Insights, automotive counter shaft market is set to witness steady growth during 2021-2031. Demand for counter shaft will witness steady recovery in short term, with optimistic growth outlook in the long run. Surge demand for automotive components, thereby augmenting the need of automotive counter shaft over the forecast period.

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What is Driving Demand for Automotive Counter Shaft?

When the engine is working and the clutch is engaged, the counter shaft is used to rotate the gears. When the driver selects a gear, they drive a gear on the main shaft. The increasing automotive production and sales is the main driving factor behind the growth of automotive counter shafts.

As market entrants move to assert their share of the emerging automotive market place, it is anticipated that innovation will be crucial in driving the automotive industry in the coming years. As a result, material technology advancement that provides rigidity and requires less maintenance will help the organisation maintain its role in the value chain.

Electrification, Connectivity, and Technology will be the leading factor to drive sale of Automotive Counter Shaft Market.

The COVID-19-induced slowdown has had an effect on automotive sales all over the world. This has had a knock-on impact on sales of vehicle components and parts. Counter shaft is used extensively in automotive industry. Although lockdown and shelter-at-home guidelines have meant restricted automobile production activities, however sales are likely to improve over the course of the assessment period.

Demand of smooth and emission free transmission system is the primary concern in the automotive industry. For instance, the transition from emission to emission free individual mobility is hardly possible without the electrification of powertrain, and these emission free environment initiative will replace the old vehicle parc, which in turn, is expected to drive the demand for new automotive components, such as automotive counter shaft. Further, the breakneck process in the automotive industry, such as integration of artificial intelligence, machine learning and interconnected network, has made possible things that seemed illusory, for instance, development autonomous vehicle with no human presence on board. This has completely changed the definition of mobility in the automotive counter shaft market place. Therefore, over the stipulated period, sales of autonomous vehicles is estimated to expand. This is anticipated to create significant opportunities for the automotive counter shaft market over the forecast period.

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Asia Pacific Automotive Counter Shaft Market Outlook

Asia Pacific is estimated to be one of the prominent region. China, Japan, India, and South Korea is set to account for substantial share in global market during the assessment period 2021-2031.

The demand for passenger vehicle and commercial vehicle is directly related to the growth of the automotive counter shaft industry. The sale of counter shaft will be driven by the fact that China and Japan have large production capacity and fleet size within their countries.

The counter shaft manufacturing companies in Asia Pacific trying to target North America and APAC region to capture the market of counter shaft in near future to increase their market presence.

Europe Automotive Counter Shaft Market Outlook

Demand for counter shaft in Europe have been expanding significantly over the recent years and this trend is projected to persist over the coming years. These attributable to strategic development by market player for improving market presence in the region. Furthermore, emerging countries such as Germany, France, and Italy have been healthy markets because of the automobile production is increasing. These factors are expected to create positive prospects for the market growth in the region.

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Who are the Key Manufacturers and Suppliers of Automotive Counter Shaft?

Some of the leading manufacturers and supplier of automotive counter shaft includes

  • Hirschvogel Automotive Group
  • Bharat Forge
  • JRB ENGINEERING WORKS
  • Modern Automotives
  • ITO NC Kogyo
  • Kalyani Group
  • Riken Forge
  • Seiwa Forging
  • Others

Many leading manufacturers and supplier have longstanding contracts with end-users to supply automotive counter shaft. Further, manufacturers are focused on establishing their manufacturing facilities in the countries from Asia Pacific such as India, China, Thailand, and Taiwan to cater increasing demand in the region.

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.

Radiation Toxicity Treatment Market Detailed Analytical Overview by 2029

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

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

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Various Segments of the Radiation Toxicity Treatment Market Evaluated in the Report:

By End-Use Industry

  • Hospitals
    • Government Hospitals
    • Private Hospitals
  • Research & Academic Institutes
    • Government Research and Academic Institutes
    • Private Research and Academic Institutes

By Product

  • Colony Stimulating Factors
  • Potassium Iodide
  • Prussian Blue
  • Diethylenetriamine Pentaacetic Acid
  • Others

Competitive Analysis

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

Prominent players profiled in the report

Amgen Inc., Partner Therapeutics, Inc., Novartis AG, Mylan NV, Coherus BioSciences Inc., Jubilant Life Sciences, Hameln Pharma Plus Gmbh, Heyl Chemisch-pharmazeutische Fabrik GmbH & Co. KG, Recipharm AB, Annex Inc., Mission Pharmacal Company, Avondale Pharmaceuticals, Llc. and Upsher-Smith Laboratories, LLC.

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Important queries addressed in the report:

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

Crucial data that can be drawn from the Radiation Toxicity Treatment market report:

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

About FMI

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Skin Tears Treatment Market Analysis, Growth by Top Companies, Trends by Application, Forecast – 2028

Skin Tears Treatment: Market Insights

Skin tears have become a common issue among people of older age as the skin becomes more delicate and drier and so skin tears treatment has become an essential criteria for further spreading of infection. A skin tear is a form of sheer or tears away that occurs when skin becomes very thin and intricate. It is most often seen in old aged people as the blood vessels tend to be more atonic and feed fewer nutrients and moisture to the skin tissue. A skin tears treatment can be subcategorized into no skin loss, partial skin loss and total flap loss. According to one report published in NCBI, occurrence of incidence rates in skin tears is ranging between 2.23 % to 92 % in long duration care facilities and varies from 2.1% in men to 4.6% in women.

Skin Tears Treatment: Market Dynamics

Skin tears are acute wounds that are commonly found in elderly people and also in the neonate and pediatric population. Rising prevalence cases in skin tear are one of the most significant reasons responsible for the growth of the skin tears treatment market. According to 2018 ISTAP Consensus Statement, estimates of skin tear treatment prevalence in long-term care is 2.23%-92%, in the community it is 4.5%–19.5%, in acute care it is 6.2%–11.1%, in palliative care it is 3.3%-14.3% which indicates high growth in skin tears treatment market. Increasing aging population is another important factor in driving the skin tears treatment market. Factors such as increasing the length of hospitalization, rising cost in healthcare expenditure may become the restraining criteria for skin tears treatment market.

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Skin Tears Treatment Market: Segmentation

The global skin tears treatment market is segmented by product type, factors and end user.

  • Segmentation by Product Type
    • Non-Adherent Mesh Dressings
    • Foam dressing
    • Hydrogels
    • 2-octyle cyanoacrylate topical bandage
    • Calcium Alginates
    • Hydrofibre
    • Acrylic Dressing
    • Methylene Blue and Gentian Violet Dressings
    • Ionic Silver Dressings
  • Segmentation by Factors
    • Intrinsic factors skin tears treatment
    • Extrinsic factors skin tears treatment
  • Segmentation by End User
    • Hospitals
    • Home care settings
    • Ambulatory Surgical Centers
    • Clinics
    • Others

Skin Tears Treatment Market: Overview

Skin tears are resulting in trauma to the skin from friction, shearing or blunt trauma. Due to physical changes related to co-existing illness and aging, skin tears treatment is becoming very difficult. Proper usage of adhesives and non-adhesive products, wound dressings is utmost essential in skin tears treatment. ConvaTec has launched Foam Lite dressing which is a silicone based adhesive foam dressings that are user-friendly, light and versatile to use for all skin tears treatment. Currently, silicone based adhesive foam dressing is leading the skin tears treatment market. With the advancement in technology in making more skin and user-friendly skin tears treatment products, the market is stimulating to have significant growth in the next few couples of years.

Skin Tears Treatment Market: Region-wise Outlook

On the basis of geography, the global versatile cryosurgical devices market is segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, and the Asia Pacific excluding Japan, Japan, and Middle East & Africa. North America is projected to hold the largest share in the skin tears treatment market due to the occurrence of high incidence rate in skin tears and advanced healthcare facilities are having a high impact in overall skin tears treatment market. Europe holds the second position in skin tears treatment market due to increasing awareness among people about skin tears. For example, the European Wound Management Association has recently published modules on skin diseases educating people through the various campaign is driving the market for skin tears treatment. Asia Pacific, Middle East and Africa are also potentially stimulating the growth of the skin tears treatment market due to rising environmental factors, photoaging, chronological aging etc. are leading the skin tears treatment market. According to one report by International Wound Journal, almost 3.9% prevalence rate of skin tears was found in a long-term care facility in Japanese patients which indicates a gradual rise in skin tears treatment market.

Skin Tears Treatment Market: Key Players

Some of the key players present across the value chain of the global skin tears treatment market are Mölnlycke Health Care AB, Advancis Medical UK, ConvaTec Inc., KCI Licensing, Inc., 3M, AMERX Health Care, Coloplast Ltd., Gensco Pharma, McKesson Medical-Surgical Inc., Advanced Medical Solutions Group plc, Covalon Technologies Ltd., HARTMANN USA, Inc., Medline Industries, Inc, Hollister Incorporated.

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The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Value Chain

The regional analysis includes:

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic 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.

Report Highlights:

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

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Pressure Infusion Bags Market Is Expected To Grow At A CAGR Of ~6% During The Forecast Period Of 2019-2029

A new market research report by Future Market Insights on the pressure infusion bags market includes global industry analysis 2014 – 2018 and opportunity assessment 2019 – 2029. The report investigates the pressure infusion bags market and provides critical insights for the forecast period of 2019 -2029. As per the findings of the report, the global pressure infusion bags market is projected to experience significant growth over the forecast period due to multiple driving factors such as increasing emergency and transfusion cases and development of healthcare infrastructure across geographies.

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The global pressure infusion bags market was valued at ~US$ 253 Mn in 2018, and is expected to increase at a CAGR of ~6% during the forecast period of 2019-2029. This growth is majorly driven by the increasing use of pressure infusion bags for rapid infusion of blood and drugs, in order to protect the end organ damage during traumatic conditions.

The overall progress of the healthcare sector and infrastructure in MEA and Asia-Pacific are likely to unfold lucrative opportunities for market players operating in the pressure infusion bags market. In addition, manufacturers are expected to primarily focus on developing cost-effective and user-friendly bags in the coming years. 

South Asia Continues to Hold Lucrative Opportunities

Regions such as North America and East Asia are expected to hold prominent market shares in terms of value. However, the South Asia market is expected to project lucrative growth in the global pressure infusion bags market over the forecast period of 2019-2029. This growth is propelled by the rapid growth and development of healthcare infrastructure, especially trauma care units, intensive care units and ambulatory surgical centers in countries of South Asia that include India and ASEAN countries. The economic condition of these countries have been developing positively, thereby creating newer growth opportunities for the market players.

Macroeconomic factors such as growing population, increasing immunosuppressed patient population, and increase in the number of players along with strong distribution network and rapid development in the healthcare infrastructure have attracted the attention of manufactures to establish a firm collaboration with local distributors in South Asia.

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Hospitals and Outpatient Facilities Remain Key End Users for Pressure Infusion Bags

The global market of pressure infusion bags has been segmented on the basis of different types of pressure infusion bags products, their multiple applications, their volume capacity, their material, their targeted indications and regions such as North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East and Africa.

  • By type, the disposable type of pressure infusion bags segment is expected to hold prominent value shares of the global pressure infusion bags market. This has majorly resulted to avoid and minimizing chances of cross contamination during fluid infusion and ensures the patient safety
  • On the basis of application, the blood and drug infusion segment is expected to consume majority share of the global pressure infusion bags market value. Invasive Pressure monitoring procedures is the second application which account the remaining market share.

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Pressure Infusion Bags Market: Vendor Insights

The report highlights some of the prominent market players, who have established themselves as leaders in the global pressure infusion bags market. Some of the examples of key players in the global pressure infusion bags market are VBM Medizintechnik GmbH, ERKA, Smiths Medical (Smiths Group plc.), Friedrich Bosch GmbH & Co. KG, Biegler GmbH, SARSTEDT AG & Co. KG. Vyaire Medical Inc., Spengler SAS, Armstrong Medical, SunMed and Statcorp Medical

Lung Cancer Surgery Market In-depth Analysis by Trends, Dynamics, Drivers, Challenges and Growth Factors by 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.

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.

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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.

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

End User

  • Hospitals
  • Ambulatory Surgical Centers

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Region

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

Tissue Engineered Skin Substitute Market is projected for a robust 9% CAGR during 2019 – 2029

Rapid expansion of wound management space has argued well for the growth in demand for tissue engineered skin substitutes. The global Tissue Engineered Skin Substitute Market is projected for a robust 9% CAGR during 2019 – 2029, predominantly driven by high applicability in diabetic foot ulcers and other chronic wounds.

With advent of tissue engineering and improved ability to combine advanced manufacturing technologies with biomaterials and cell culture systems, more biomimetic tissue constructs have been emerged. Technological advancements are leading to production of advanced tissue engineered skin substitutes. 3D bioprinting and biotextile are emerging as popular biofabrication strategies for creating bioengineered skin substitutes. A team of researchers in the U.S. recently discovered a technology for complete 3D printing of the living skin along with blood vessels. Emergence of such revolutionary fabrication technologies will create a massive opportunity in the global market.

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Key Takeaways – Tissue Engineered Skin Substitute Market Study

• With increasing researches in tissue engineering, the demand for biologic skin substitute is expected to increase in the forecast period. For instance, a team of engineers at the California Institute of Technology (Caltech) and ETH Zurich have developed an artificial skin made from pectin, a naturally occurring long-chain molecule present in plant cell walls allowing the construction of natural and new dermis.
• Increasing prevalence of diabetes and chronic wounds is boosting the demand for tissue engineered skin substitutes.
• The demand for tissue engineered skin substitutes in emerging economies such as China and India is expected to increase owing to increasing incidence of diabetic foot ulcers, venous leg ulcers, and pressure ulcers.

Leading Manufacturers Setting the Pace for Product Innovations
The tissue engineered skin substitute market is a consolidated market. The tier 1 companies in the tissue engineered skin substitute market such as Allergan Plc., Mimedex Group Inc., Integra LifeSciences Corp. and Integra LifeSciences Corp. are expected to hold more than half of the total revenue generated by tissue engineered skin substitutes. The key players in the market are reshaping their current product portfolio by focusing on the introduction of new and advanced technologies and innovating new products.

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Seek More Insights

Tissue engineered skin substitute market, a new study from Future Market Insights, opines on the evolution of tissue engineered substitute market from 2014 – 2018 and presents demand projections from 2019 – 2029 on the basis of; product (acellular skin substitute, biologic skin substitute, cellular skin substitute and synthetic substitute), material (synthetic and natural), application (chronic wound, acute wound and other applications such as breast reconstruction etc.) and end user (hospital, specialty clinics, ambulatory surgical centres and research laboratories) across seven prominent regions.

Debashish Roy
Future Market Insights
+1 8455795705

Global Robotic Catheterization Systems Market Comprehensive Analysis, Opportunities and Forecast 2029

A recent clinical study radiation level research with robotic catheterization and normal cardiac intervention procedures reveals that robotic catheterization systems show reduction of ionizing radiation exposure by 95%. This factor will be prominent in pushing the preference for robotic catheterization systems as an effective procedure for catheterization. Projected to reach US$ 26 Mn by the end of 2019, robotic catheterization systems market is set to thrive at an impressive CAGR of 15% during the forecast period (2019 – 2029).

Interventional and surgical robotic systems have already made a significant impact on how surgeries are performed and are being increasingly adopted in modern operating rooms. Robotic catheterization systems have proved their abilities to perform interventional procedures with immensely low operator radiation exposure in comparison to the tradition catheterization procedures. Procedures where clinicians are given navigational and mechanical tools that permit definite actions or part of the procedure to be executed autonomously with a level of precession and control are possible only with robot-assisted catheterization.

Key Takeaways – Robotic Catheterization Systems Market Study

  • Popularity of robotic catheterization systems, increasing system awareness, improving reimbursement scenarios for percutaneous coronary intervention (PCI), larger patient pool for coronary artery diseases are key factors influencing the robotic catheterization systems market in developed countries.
  • High upfront cost is posing a negative impact on end users’ decision to purchase robotic catheterized systems. To rework this problem, Hansen Medical is offering sensei system at a competitive pricing depicting lower accessory cost and lower total cost per procedure.
  • Robotic catheterization systems installed in Chesapeake Regional Healthcare marks as the first fully integrated catheterization laboratory installed in its all intervention operating room.
  • In terms of product type, electromechanical robotic catheterization systems with comparatively higher technical advantage over magnetic-guided robotic catheterization systems is expected to generate significant revenue.
  • In terms of application, increasing adoption of robotic catheterization for percutaneous coronary intervention as compared to cardiac electrophysiology procedure marks higher revenue potential.

The first ever successful robotic PCI procedure in Asia Pacific that delivered positive results will be offering an inception point for the growth of robotic catheterization systems market in developing Asian economies.

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Market Leaders on Acquisition Spree

In reference to the trend in other medical device markets, key factors impacting the robotic catheterization systems market are partnerships and mergers observed in recent years. Key manufacturers are entering the robotic catheterization systems market by strategically expanding their reach through acquisitions and mergers, considering the increasing demand for these systems.

Product bundling of robotic catheterization and accessory systems at promotional rates and research contracts are forcing a decline in ASPs. Companies are focusing on limiting operational expenses to grow profitability. In contrast to these market changes, another significant factor influencing the robotic catheterization systems market is the exit and entrance of co-participating companies.

In August 2019, Corindus Vascular Robotics Inc., a prominent developer of precision vascular robotics, declared that it has settled on acquisition by Siemens Healthineers AG., representing a collective purchase price of approximately $1.1 billion. In April 2016, Hansen Medical Inc. was acquired by Auris Surgical Robotics Inc. in an arrangement with roughly US$ 80 Mn of equity value. With Hansen portfolio, Auris attained Magellan Robotic System, employed in navigating peripheral blood vessels in endovascular procedures, and Sensei Robotic System, a robotically steerable catheter system.

Robotic Catheterization Systems Market

Looking for More Insights?

Robotic catheterization systems market, a new study from Future Market Insights, provides unparalleled insights on evolution of the robotic catheterization systems market during 2014 – 2018 and presents demand projections during 2019 – 2029 on the basis of product category (Electromechanical robotic catheterization systems,  magnetic-guided robotic catheterization systems), application (percutaneous coronary intervention, cardiac electrophysiology procedures), and end user (hospitals, ambulatory surgical centers, catheterization laboratories) across seven prominent regions.

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Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusions and Exclusions

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Development Trends

  1. Market Context

4.1. Install Base Scenario

4.2. Reimbursement Scenario

4.3. Regulatory Scenario

4.4. Prevalence of Cardiac Disorders, By Country

  1. Global Robotic Catheterization Systems Market Demand Analysis 2014-2018  and Forecast, 2018-2028

5.1. Historical Market Volume (Units) Analysis, 2014-2018

5.2. Current and Future Market Volume (Units) Projections, 2018-2028

5.2.1. Y-o-Y Growth Trend Analysis

5.2.2. Absolute $ Opportunity Analysis

  1. Global Robotic Catheterization Systems Market – Pricing Analysis

6.1. Regional Pricing Analysis By Product Type

6.2. Pricing Break-up

6.2.1. Manufacturer Level Pricing

6.2.2. Distributor Level Pricing

6.3. Global Average Pricing Analysis Benchmark

Implantable Drug-Eluting Devices Market | Industry Report, 2021-2029

Implantable drug-eluting devices are playing a key role in the management and treatment of various chronic disorders, particularly cardiovascular diseases. Advancements in micro and nanotechnology are aiding key manufacturers to design novel implantable drug-eluting devices.

Moreover, controlled and site-specific attributes of implantable drug-eluting devices, further complemented by compatibility with the targeted drug delivery, are relieving the burden of complex dosing schedule and systemic toxicity of conventional drug delivery system. The global implantable drug-eluting devices market is projected to cross the US$ 10 Bn mark towards the end of 2019. Market leaders in implantable drug-eluting devices landscape are maintaining their focus on refining manufacturing processes.

Remote-Controlled Chips and Programmable Devices – Future of Targeted Drug Delivery

Increasing clinical trials and research & development of remote-controlled and programmable drug-eluting devices

Massachusetts Institute of Technology (MIT) researchers have developed a remote-controlled contraceptive hormone (levonorgestrel) delivery chip implant, which can turn the device on and off.

Implantable drug-eluting devices allow minimum effective doses and support oral opioid weaning

Implantable drug-eluting devices such as SynchroMed II intrathecal drug delivery system with controlled workflow system, plays an effective role in reducing or eliminate the use of oral opioids.

Antiretroviral (ARV) drug implant is expected to emerge as a promising approach for HIV treatment and prevention

In July 2019, Merck & Co. started the development of slow-release antiretroviral (ARV) drug implant as a promising approach for HIV treatment.

Growth of implantable drug-eluting devices market can be prominently attributed to the associated cost-effective technology and novel medication administration techniques. Fewer side effects while these devices are utilized in the management of chronic diseases as well as in contraception have been the strongest attribute accounting for a steadily expanding market for implantable drug-eluting devices.

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Medical-Pharma Collaborating to Balance Demand and Supply

A comprehensive view of the implantable drug-eluting devices market has led our analysts to conclude that, the market is expected to grow with an impressive rate. This market growth is mainly attributed due to increasing innovations and developments in implantable drug-eluting devices for the management and treatment of breast cancer, schizophrenia, Parkinson’s disease, and photosensitivity diseases. Besides, FMI analyst suggests that markets in North America and Europe are expected to hold major value shares in global implantable drug-eluting devices landscape. To cater to rising demand for implantable drug-eluting devices, medical device companies are collaborating with pharmaceutical companies for the development of efficient drug delivery devices.

Increasing use of syringe-based subcutaneous implantable drug-eluting devices is anticipated to minimize the number of invasive surgical procedures. Introduction of implantable drug-eluting devices or rare conditions such as central precocious puberty (CPP) will emerge as an important factor shaping the market for implantable drug-eluting devices.

Know More About Implantable Drug-Eluting Devices Market Report

The implantable drug-eluting devices market, a new study from Future Market Insights, opines on the evolution of the implantable drug-eluting devices market from 2014 – 2018 and presents demand projections from 2019 – 2029 on basis of product type (implantable drug infusion pumps, intraocular drug-eluting devices, contraceptive drug-eluting devices, buprenorphine implant and drug-eluting stents), technology (active drug-eluting devices and passive drug-eluting devices) applications (diabetes macular edema, birth control/contraception, opioid addiction, cardiovascular, ophthalmology, oncology, pain management, others) implantation type (intravaginal, intravascular, intraocular, intrathecal, subcutaneous, intrauterine) end users (hospitals, ambulatory surgical centers, optical care centers, cardiac surgery centers, office-based setting and others) in seven prominent regions.

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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.

Global Organoids Market Is Estimated To Reachus$ 44.2 Mn In 2021

Organoids are three-dimensional (3D) structures that resemble mammalian organs and are made from stem cells. As per a study by Future Market Insights (FMI), the global organoids market is estimated to reachUS$ 44.2 Mn in 2021.

As new platforms for quicker drug development and improved model structures for assessing drug efficacy and toxicity, organoids have the potential to be transformative.Traditional drug discovery approaches are less important and inadequate to keep up with the rapid pace of life science advancements. Organoids are projected to exhibit increasing sales within the drug discovery industry.

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The demand for cutting-edge preclinical testing methods has increased as a result of advances in drug therapies such as personalized treatments and expanding medical research to identify new advance medicines.Organoids also are used to shortlist possible drug molecules and remove the remainder by considering ‘in-vitro’ conditions that are somewhat close to natural environmental conditions.

According to the International Federation of Pharmaceutical Manufacturers and Societies, preclinical research accounts for about 22% of the overall cost of drug production. The use of organoids in drug development shortens the process and saves money, resulting in a greater demand for organoids.

In terms of product, intestinal organoids are expected to register high demand, accounting for over 36% of sales in the market. While application of organoids is expected to be considerably high in bio banking.

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Key Takeaways from Organoids Market Study

  • The organoids market will exhibit solid growth, registering above 14% CAGR between 2021 and 2031
  • The expansion of pharmaceutical sector and investment in research initiatives will enable the U.S. account for over 95% sales in North America
  • The U.K. will emerge as the leading market, exhibiting above 20% y-o-y growth in 2021
  • Germany and France are expected to emerge as other lucrative markets within the U.K.
  • China will remain a leading market for organoids in East Asia, however, the Japan market will register a slightly higher rate of growth

“Capability of 3D-organoid cultures to mimic organ functionality as well as increasing adoption of the organoid technology for use in a range of applications, including genetic mutation and other is expected to drive the growth of Organoids market” says the FMI Analyst

Funding for life science research and investments in Organoids products to expand various projects and personnel employedis the major factor expected to boost the organoids market growth.

For instance, the total amount of research grants awarded by the National Institutes of Health (NIH) in the U.S. exceeded US$ $251 million over five years (2015 to 2019).

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Key players in the Organoids are Entering into Strategic Alliance

The top players are focusing on expanding their business footprint through acquisitions. Acquisitions provide the company with strong foot hold of new products, buyer suppliers relationship, and new geographic horizons to tap the market potential. The key manufacturers aretargeting towardsacquiring well-known products and technologies that are expected to have a successful revenue stream. This also helps the business to grow into new emerging markets while also developing existing ones.

For instance, in September 2020,a Memorandum of Understanding (MoU) was signed by BGI-Qingdao and Ubrecht Organoid Technology (HUB) to develop a joint Next Generation Diagnostics (NGD) centre in China to improve personalised care, better treatments and cures, and faster development of new safe medicines.HUB and BGI will combine their complementary skills and technologies to further improve and incorporate HUB Organoid Technology as predictive diagnostic tests, allowing for reliable patient-specific treatment response prediction, initially with a focus on cancer.

As a result of increased emphasis on oncological research and increased R&D spending, the global organoids market is expected to expand over the forecast period. Organoids market is highly competitive exhibiting the presence of several players. Because of the high capital investment required to build an Organoids manufacturing facility, pharmaceutical companies are increasingly looking to outsource the process.The key market players covered by FMI include STEMCELL Technologies Inc., Cellesce Ltd., DefiniGEN, Qgel, Hubrecht Organoid Technology, OcellO B.V.consolidating their positions through mergers, acquisitions and new product launches.

Oscillating Positive Expiratory Pressure Devices Market is anticipated to grow at a CAGR of ~5% during 2019 to 2029 – Future Market Insights

A new market research report by Future Market Insights (FMI) on the oscillating positive expiratory pressure (OPEP) devices market includes global industry analysis 2014–2018 and opportunity assessment 2019–20289. According to report findings, the global oscillating positive expiratory pressure devices market was valued ~US$ 100.0 Mn in 2018, and is expected to increase at a CAGR of ~5% during the forecast period of 2019 and 2029.

The study opines that the global OPEP devices market is projected to witness significant growth over the forecast period due to multiple driving factors such as increasing regional availability of the oscillating positive expiratory pressure devices. The promising growth prospects are attributed to the innovative approach followed by manufacturers in designing devices, and the increasing adoption of OPEP devices among patients with respiratory diseases.

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Regions such as North America and Europe are expected to hold a prominent market share in terms of value. However, the East Asia market is expected to project lucrative growth in the global oscillating positive expiratory pressure devices market in the forecast period of 2019-2029. This growth is majorly propelled by increasing regional manufacturers resulting in increased product availability at affordable costs.

Furthermore, prevalence of chronic obstructive pulmonary diseases (COPD) is on the rise due to increasing smoking population in China and aging population in Japan with respiratory disorders. Although, low awareness about oscillating positive expiratory pressure devices among healthcare professionals and patients is hampering the potential growth of the oscillating positive expiratory pressure devices market.

Preview Analysis of Oscillating Positive Expiratory Pressure (OPEP) Devices Market is segmented by (Product Type – Facemask OPEP Devices, Mouthpiece OPEP Devices & Bottle OPEP Devices; Indication – COPD, Asthma, Atelectasis, Bronchitis, Bronchiectasis, Cystic Fibrosis & Others; Distribution Channel – Hospital Pharmacies, Retail Pharmacies & Online Pharmacies/ Online Sales) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2029: https://www.futuremarketinsights.com/reports/oscillating-positive-expiratory-pressure-opep-devices-market

Mouthpiece OPEP Devices – Preferred Choice for Airway Clearance

Based on the analysis of OPEP devices market by product, mouthpiece oscillating positive expiratory pressure devices are expected to hold a prominent value share in the global market. This, according to FMI’s analysis, has majorly resulted from the ease of use of these devices as well as comparatively wider availability in the market.

On the other side, based on indication, the COPD is likely to consume a majority share of the oscillating positive expiratory pressure devices market value. This is majorly due to the higher prevalence of the disease and adoption of oscillating positive expiratory pressure devices for disease management. Although, cystic fibrosis is rare disease and has limited patient pool yet adoption of oscillating positive expiratory pressure devices remains highest in cystic fibrosis patients.

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OPEP Devices Market: Vendor Insights

The report highlights some of the prominent market players, who have established themselves as leaders in the global oscillating positive expiratory pressure devices market. Some of the prominent key players in the global OPEP devices market are Smiths Medical Inc., Allergan plc, PARI GmbH, Monaghan Medical Corporation, Trudell Medical International, Actegy Health Ltd., WyMedical Pty Ltd, R. Cegla GmbH & Co. KG, etc.

The global oscillating positive expiratory pressure devices market is significantly consolidated, with top two players holding prominent shares in the market revenues. These players are offering oscillating positive expiratory pressure devices under their popular brands such as Portex®, Flutter®, and Aerobika®, among others.

For additional insights on the oscillating positive expiratory pressure devices landscape, write to the analyst at press@futuremarketinsights.com

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