Cable Flange Market Covid-19 Impact Analysis, Size, Share, Key Trends, Demand and Forecast till 2028

Cable flange are clips designed for the connection, retention, isolation and securing of cables to aid continuity and ease of disconnection during maintenance. At the same time, cable flange ensure proper spacing, which helps eliminate bundling.

Cable Flange Market: Drivers and Restraints

Increase in the usage of mechanical as well as electrical cabling owing to the growing usage of medical devices & instruments and the basic & ubiquitous nature of the applications of cable flanges are among the prime drivers of the global cable flange market. Growth in healthcare infrastructure, growth in the medical electronics industry and the adoption of devices, such as ultrasound, Magnetic Resonance Imaging (MRI), computed tomography (CT) & others, are also some of the drivers of the cable flange market.

In addition, advancements in technology and design, such as the usage of flame-proof and microbial-resistant materials, has resulted in the substitution of metal as the material of construction, which is also driving the demand for advanced cable flange products. Advancements in heat and microbial-resistant connectors, which can be sterilized by various means, is also an important driver of the cable flange market.

The medical imaging industry is providing a large impetus to the global cable flange market. The ever-increasing data needs owing to the higher resolution of devices has resulted in the demand for connectors with higher bandwidth & speed, low contact resistance, shock & vibration immunity, but with a smaller surgical room footprint, is driving the trend of miniaturization. Innovative designs, such as free rotating pliers and multi-connecting flanges, are among technological trends driving the market. The demand for longer lifecycles, high-mating-cycles, reliability and usability to promote ease of use by non-technical hospital staff is also driving the cable flange market.

The adoption of Internet of Things (IoT), coupled with the growing adoption of smarter connected devices as well as telemedicine, which need high-bandwidth data for video conferencing and diagnostic imaging, is also driving the adoption of cable flanges. Customisation presents a significant opportunity for application-specific connectors in the global cable flange market.

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Cable Flange Market: Overview

The global cable flange market for cable flanges is extremely fragmented with the presence of numerous players. A close collaboration between cable flange companies and large hospitals is necessary to provide customised solutions. The market is a high volume low value market which is putting pressure on the prices resulting in falling revenues.

Cable Flange Market: Regional Wise Outlook

Based on regions, the global cable flange market is classified into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan and Middle East and Africa. The Asia Pacific cable flange market excluding Japan is expected to account for the largest share of the global cable flange market owing to the expanding healthcare sector, the usage of medical devices and the emergence of China as a large manufacturing base for electronics. China and India are expected to drive a lion’s share of the cable flange market.

The North America cable flange market is expected to remain sluggish owing to saturation, with the U.S. leading the market. The Europe cable flange market is led by Germany, France & the UK, and is expected to be the third-largest market.

The Middle East and Africa cable flange market is expected to be skewed in favour of the gulf economies of Saudi Arabia, Kuwait and Qatar. The poor healthcare expenditure of Africa and the lower adoption of medical devices in the region is likely to restrain the cable flange market.

Cable Flange Market: Key Players

Some of the major players in the global cable flange market are National Wire & Cable Corporation; Lorom Industrial Co., Ltd.; Haynes International, Inc.; Affinity Medical Technologies, LLC; Hitachi, Ltd.; Sealcon, igus and Binder-USA, LP.

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Central Patient Monitoring System Market 2018: Global Industry Analysis, Size, Share, Growth, Trends And Forecast To 2028

The healthcare industry is strongly acting towards addressing healthcare professional’s pain points. For an instance, the central patient monitoring systems addresses once such pain point of monitoring a large set of patients. The central patient monitoring systems are computer systems that are networked with a fixed number of patient monitors. The central patient monitoring system displays the respectively connected monitoring device waveforms on a single or multiple monitors. This allows the healthcare professionals to monitor and keep a check on the number of patients at the same time. Most of the central patient monitoring system allows the monitoring of at least two waveforms. Depending on the configuration, the central patient monitoring system may include modules for various parameters such as ECG, respiratory rate, body temperature, SpO2, cardiac output and others.

The receivers of the central patient monitoring systems are connected to the bedside monitors of each patient. Some telemetry devices also allow the central patent monitoring system receiver to be connected. The main monitor of the central patient monitoring system is then placed in the central station. The central patient monitoring systems are used in the general medical area and surgical areas, cardiac rehab centers, they can also be used with telemetry devices. A typical central monitoring system has a life time of about 7-10 and may cost US$ 4,500 – 40,000. The central patient monitoring system has only one major requirement, which is uninterrupted power supply. Furthermore, the central patient monitoring system also has the capacity to save the data for a limited period of time. This allows the healthcare professional to review the data when required.

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Generally, central patient monitoring systems are able to network with a limited number of patient monitoring systems. For an instance, the central patient monitoring system can be connected to 8, 16, 32, 64, 72 and sometimes even up to 240 patient monitors. Most of the central patient monitoring systems are able to identify most kinds of abnormal waveform. When an abnormal waveform is detected the system is programed to trigger a code alarm. This simplifies the need to monitor the central patient monitoring system continuously and closely.

However, the use of central patient monitoring systems is still debatable since it is believed that the hospital personals may pay more attention to the equipment more than the patient itself. Many physicians believe that even a functioning reliable central patient monitoring system cannot replace the frequent and direct observations. Also, there is always a risk of false alarms that can alarm fatigue as a result the staff may miss an actually critical patient event. These are some of the factors that may hinder the growth of the central patient monitoring system market.

Central Patient Monitoring System Market: Dynamics

Increasing number of hospitals in most developed regions with an increasing number of hospital beds especially in developing regions are demanding the need for centralized systems for better functionality. For an instance, the use of central patient monitoring system for multiple number of patient monitory from a single monitor station. Furthermore, increase in the number of patient hospitalization along with unmet requirement of healthcare professionals is further driving the growth of the central patient monitoring system market. However, the central patient monitoring systems have a limited flexibility in terms on the number of connected bed/monitors and the number of waveforms or data presented for each patient.

Central Patient Monitoring System Market: Regional Outlook

On the basis of geography, the global central patient monitoring system market is segmented into seven key regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East & Africa. North America market is projected to hold large share in the global central patient monitoring system market primarily due to increased adoption of new technology in the field of hospital management. North America market for central patient monitoring system is followed by the European central patient monitoring system market due to the increased demand for centralized monitoring systems. Asia Pacific market for central patient monitoring systems is expected to grow at a substantial rate due to the lack of sufficient healthcare professionals.

Central Patient Monitoring System Market: Key Players

Examples of some of the key players in the global central patient monitoring system market are Philips Healthcare, GE Healthcare, Hipac Healthcare Pty Ltd, Infinium Medical, Universal Medical Instruments, Nihon Kohden, Heyer Medical AG, MindRay, Criticare Systems Inc., Sunray, Mediana, among other key players.

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

About FMI:

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

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Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
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United Arab Emirates
MARKET ACCESS DMCC Initiative
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X-Ray Stretchers Market Insights with Upcoming Trends Segmentation, Opportunities and Forecast to 2028

Growing number of injuries, trauma, and diseases will surge in the hospital admissions.  The demand for emergency admissions and treatment need early and comfortable transport. Stretchers are the medical device intended for transport the patient who require medical care and unable to the walk. X-ray stretchers offer full-length x-ray capabilities with the mobility of the stretcher. X-Ray stretchers offer imaging features more than mobility. Built-in X-Ray capabilities such as cassette platform allow capturing at a point quality image on the stretcher. X-Ray stretchers are very helpful in conditions such as trauma and injury by providing early diagnosis. Early diagnosis support in the early treatment of patients suffered from the critical condition. X-Ray stretchers save time and help to reduce injury risk x-ray stretchers head to toe x-ray capabilities. X-ray stretchers reduce patient handling risk and enhance patient comfort. X-Ray stretchers allow adjusting patient surface and position such as height adjustment and backrest adjustments.

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X-Ray Stretchers Market: Drivers and Restraints-

The primary factor of the growth of the global x-ray stretchers market is the increasing number of hospital admission attributed to rising incidence of accidents. High risk of injury while moving patients will boost the demand for x-ray stretchers. Problems such as strains and sprains among healthcare workers while moving, lifting and shifting the patients are boosting the demand for x-ray stretchers. The demand for early diagnosis during emergency cases is the main driving factor of x-ray stretcher market. X-ray stretchers provide ease of capturing x-ray for the patient in emergency cases such accident, bone fracture and trauma without patient movement. Strict regulations against manually lifting heavy loads expected to grow the x-ray stretchers market. Increasing the old age population has led to the increased medical emergency which increases the demand for x-ray stretchers. Increasing adoption of advanced healthcare facilities in hospitals and ambulatory care centers will provide the high growth opportunity for x-ray stretchers market. Moreover, orthopedic clinics are the major end-user where x-ray stretchers demand is very high. However, no strict legal protocols concerning the proper handling of patients in countries such as Sub-Saharan Africa and Asia will restrain the growth of x-ray stretchers market. Lack of healthcare facilities and long-term planning will negatively impact the growth of x-ray stretchers market.

X-Ray Stretcher Market: Overview

Global x-ray stretcher market is expected to gain significant growth rate over the forecast period. X-ray stretcher is expected to gain high demand in forecast periods due to increasing adoption of advanced healthcare devices and growing need of fast x-ray imaging.  Increasing trauma and accident cases create the huge growth opportunity for x-ray stretcher market. Pneumatic and hydraulic product type are expected to gain most of the market share in x-ray stretcher market. Hospitals segment is expected to anticipate revenue share in x-ray stretcher market over the forecast period due to increasing number of hospital admissions and emergency cases.

X-RAY Stretcher Market: Region-wise Outlook

In terms of geography, x-ray stretcher market has been divided into eight regions including North- America, Eastern Europe, Western Europe, and Asia- Pacific excluding China & Japan (APECJ), China, Japan, Middle-East & Africa and Latin America. North America is the most dominating market for x-ray stretcher market due to the rise in per capita expenditure on healthcare and technological advancement. Western European countries such as Germany, France, and the U.K.  are top revenue contributing courtiers in Western Europe. The Asia Pacific excluding China and Japan x-ray stretcher market is expected to expand at fastest growth rate over the forecast period due to improving healthcare facilities and medical tourism in the region. China is the one of the major revenue contributing country in global x-ray stretchers market due to the availability of cost-effective x-ray stretchers.

X-Ray Stretcher Market: Key Market Participants

Example of some market players participants in global x-ray stretcher market identify across the value chain are Hill-Rom Holdings, Inc., Stryker Corporation, Favero Health Projects, Bryton Corporation, Joson-Care enterprise Co. Ltd., Shree Hospital Equipments, Invacare Corporation. Local players are focusing on the expansion of their business with expanding product portfolio.

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

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.

Contact Us:

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
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Smart Pill Boxes & Bottles Market 2021 | Scope of Current and Future Industry 2028

Sales of smart pill boxes and bottles are likely to reach around 800 thousand in 2019. According to a new analytical research study by Future Market Insights (FMI), smart pill boxes and bottles market will remain a high growth-low volume landscape over the course of next few years. Over 43% of total sales will be accounted by smart pill boxes. The report envisages a higher rate of adoption for smart pill bottles.

Almost 70% of adult patients are observed to discontinue or manipulate drug therapy, resulting in non-adherence to prescribed medication. The study opines that this directly adds to the economic burden on healthcare delivery system in form of emergency cases and hospitalization.

Smart pill boxes and bottles are increasingly being perceived as a potential solution to such challenges posed by increased healthcare delivery costs. Significance of medication adherence continues to rise with increasing prevalence of chronic conditions, propelling demand for smart pill boxes and bottles.

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Dementia and geriatric care remain the key application areas of smart pill boxes and bottles, according to the report. More than 80% of sales is accounted by aging patients and dementia-afflicted population. Cancer management is likely to emerge lucrative in terms of applicability in coming years.

With surging demand for high-quality healthcare delivery, senior care centers, hospitals, long-term care centers, and homecare settings are accelerating adoption of medication dispensers, thereby elevating the revenue growth of smart pill boxes and bottles market. Some of the leading companies are actively involved in the development of advanced technology medication dispensing devices with zero error risks during medication.

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Home care settings maintain the highest consumption share in smart pill boxes and bottles market that roughly equates 65% of total sales. Almost a fifth of smart pill boxes and bottles sold are installed at seniors care and assisted living centers. FMI’s analysis indicates that long-term care centers are also creating promising market opportunities for smart pill boxes and bottles manufacturers and distributors.

North America continues to reign supreme owing to early adoption of advanced technology enabled smart pill boxes and bottles, accounting for more than a third of the global market revenue. European market for smart pill boxes and bottles also represents a substantial volume share, majorly driven by German patients. South and East Asian regions are briskly developing high-potential markets for manufacturers and distributors of smart pill boxes and bottles, says the report.

Preview Analysis of Smart Pill Boxes & Bottles Market is segmented by (Type – Smart Pill Box & Smart Pill Bottles; Indication – dementia, Parkinson’s disease, cancer management, diabetes care, geriatric care, disability & others; Distribution channel – seniors care & assisted living, long term care centers & home care;) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018-2028: https://www.futuremarketinsights.com/reports/smart-pill-boxes-bottles-market

The vendor landscape of smart pill boxes and bottles market remains fairly consolidated and competitive, as Tier 1 manufacturers continue to account for a majority of share in the market in terms of volume. While dominance of Koninklijke Philips N.V., PharmRight Corporation & Livi, and AdhereTech prevails in smart pill boxes and bottles market, the report finds that the competition among these players is characterized by product innovation, new launches, and technological advancements.

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Additional Questions Answered

Some of the additional questions addressed in this report on the Smart Pill Boxes & Bottles market:

  • What is the overall revenue generation potential of the Smart Pill Boxes & Bottles market across the regions of Europe and South Asia?
  • Who are the key regional and global competitors? What are their portfolios in the Smart Pill Boxes & Bottles market?
  • What are the major challenges influencing the growth of the Smart Pill Boxes & Bottles market?

Companion Animal Specialty Drugs Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2021-2031

As per ESOMAR-certified consulting firm Future Market Insights (FMI), the global companion animal specialty drugs market registered steady year-on-year (YoY) growth at 5.42% CAGR in 2021.

Increasing pet adoption is a major factor, fuelling the demand for animal nutrition and behavioural products, thereby accelerating sales. With increasing rate of obesity among the pet, demand for anti-obesity drugs have burgeoned over the past few years.

Adoption of canine and feline pets increased during the FQ-20, due to the outbreak of COVID-19 and consequent global shutdown. Adoption of dogs is quite high, especially among the geriatric population. This is expected to drive the demand for antibiotics, skin-care, and nutritional products for pets.

As per FMI, the market is expected to reach a valuation of US$ 36,104.66 Mn in 2021 owing to the increasing demand for anti-obesity drugs across veterinary clinics. Alongside this, prevalence of canine vector-borne diseases due to bacteria and protozoa infection will fuel the demand for parasiticides in the next decade.

Key Takeaways from FMI’s Companion Animal Specialty Drugs Market Study

  • By product type, parasiticides will dominate the market, accounting for over 32%of global market share.
  • In terms of distribution channel, veterinary clinics are expected to lead the segment contributing over 52%of value share by 2031
  • In terms of technology type, drying technology is predicted to exceed US$ 89 Bnby end 2031
  • The U.S. will emerge as the leading market across North America backed by the high adoption of pet dogs
  • Germany and the U.K. are anticipated to lead the Europe’s Companion animal specialty drugs market, owing to the growing obesity rate in dogs
  • Increasing cases of neglect and animal cruelty in India will bolster the demand for companion animal specialty drugs through 2021

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“The demand for compounded medications and anti-obesity drugs for animals will continue increasing in the coming years. This has encouraged some of the leading companies to focus on research initiatives to launch novel drugs to facilitate improved care for companion animals. This will create impressive growth opportunities in the coming years,” says the FMI analyst.

Competitive Landscape

Zoetis Inc., Merck and Co., Inc., Bayer AG, Eli Lily and Co. and Boehringer Ingelheim GmbH are the key players operating in the companion animal specialty drugs market. among others are some prominent players operating in the Companion animal specialty drugs market.

For instance, in July 2020, Boehringer Ingelheim announced the launch of two new products, NexGard and Broadline, to provide comprehensive parasite treatment for dogs and cats, to expand their product portfolio for the India market.

As per the report, key players are focusing on product introduction and launches to expand their product portfolios. Key player are also involved extensively in strategic acquisition activities which has led to severe competition among companion animal specialty drugs market players.

For example, on August 4,2021, Zoetis, the Parsippany-based animal health company announced the acquisition of a leading Australian-based Jurox’s veterinary medicines, maker of livestock and companion animal medicines.

What else is in the report?

Future market insights offers a unique perspective and actionable insights on companion animal specialty drugs market in its latest study, presenting historical demand assessment from 2016 – 2020 and projections from 2021-2031 based on product type (antibiotics, anti-inflammatory drugs, parasiticides, heartworm, behavioral products, nutritional products, anti-obesity drugs, skin care products and vaccines), distribution channel (veterinary hospitals, veterinary clinics and pharmacies and drug stores) in seven key regions (North America, Latin America, Eastern Europe, Asia Pacific excluding Japan, Western Europe, Japan and Middle East & Africa)

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Key Questions Answered in the Report

  • What is the current companion animal specialty drugs market value?

The companion animal specialty drugs market is expected to exceed US$36,104.66 Mn in 2021

  • At what rate did the companion animal specialty drugs market grow between 2016 and 2020?

The companion animal specialty drugs market projected steady growth, registering a CAGR at 5.43% between 2016 and 2020.

  • What are the key trends driving companion animal specialty drugs distribution?

Growing demand for compounded medications and increasing adoption of anti-obesity drugs to reduce the growing obesity rate among pets will drive the sales.

  • Who are the leading players of companion animal specialty drugs?

Zoetis Inc., Merck and Co., Inc., Bayer AG, Eli Lily and Co. (Elanco), Merial (Sanofi), Ceva Santé Animale, Virbac Animal Health, and Boehringer Ingelheim GmbH, are the top players FMI identifies as key players.

  • What will be the demand outlook for North America companion animal specialty drugs market?

North America’s companion animal specialty drugs market demand is set to rise at over 3.38% CAGR during the forecast period of 2021 and 2031.

  • What is the market share of leading players in Companion animal specialty drugs market?

The top 10 players in the companion animal specialty drugs market will collectively account for over 85% of global market share in the year 2021.

Veterinary Forceps Market Growth Trends, Key Players, Competitive Strategies and Forecasts to 2028

Veterinary forceps are handheld hinged instruments that help grasp and hold tissues and other parts of the body. Veterinary forceps are categorised under surgical instruments that are used to hold the tissues, mostly during veterinary surgery. Veterinary forceps that can hold various shapes and sizes of tissues have been developed to enable easy handling of tissues during surgery.

Veterinarians use various types of veterinary forceps as per their needs while performing surgery. Artery veterinary forceps are usually used to tightly clamp off blood vessels. Thumb veterinary forceps are more like tweezers in appearance and are used to hold tissues together during suturing. Haemostatic veterinary forceps are used for crushing instruments to temporarily clamp and occlude bleeding vessels. Sponge veterinary forceps are typically used to grasp and manipulate sponges to prevent the contamination of the sterile gloves of surgeons. Veterinary forceps without teeth cause less tissue trauma, although surgeons need to exert more pressure to hold the tissues as compared to veterinary forceps with teeth. Increase in the demand for the usage of veterinary forceps during surgery owing to the increasing prevalence of animal-related diseases is propelling the veterinary forceps market.

Veterinary Forceps: Market Dynamics

Continuous development and refinement of tools used in veterinary surgery and the increasing success of surgical procedures, which has enabled the performance of several different types of surgeries, are among factors boosting the veterinary forceps market. Increase in animal health expenditure, growth in the number of veterinary practitioners, increase in pet insurance coverage and growth in the demand for food products derived from animals are among factors driving the veterinary forceps market worldwide. However, lack of awareness regarding animal health and the shortage of skilled veterinarians in developing and under-developed nations are some of the factors hampering the growth of the veterinary forceps market.

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Veterinary Forceps: Overview

Increase in the number of veterinary surgeries, which is boosting the demand for veterinary forceps, is expected to drive the market of veterinary forceps in the near future. Moreover, increase in the number of minimally invasive surgeries as well as growth in the number of veterinary hospitals & clinics is boosting the veterinary forceps market. On the basis of product type, haemostatic forceps account for the largest revenue share of the veterinary forceps market owing to a larger number of benefits and increased demand for these products. On the basis of end user, veterinary hospitals account for the largest revenue share of the veterinary forceps market owing to an increase in the number of veterinary surgeries. Veterinary clinics are expected to witness significant growth in the near future owing to a global increase in the number of clinics.

Veterinary Forceps: Region-wise Outlook

On the basis of geography, the global veterinary forceps market is segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East & Africa. North America is projected to hold the largest share of the global veterinary forceps market owing to an increase in animal healthcare expenditure and the availability of improved veterinary forceps. Western Europe accounts for the second-largest share owing to an increase in the number of veterinary professionals, increase in the adoption of pets as well as growth in the number of R&D activities. The Asia Pacific region is expected to be the fastest-growing region in the veterinary forceps market owing to an increase in per capita animal healthcare expenditure, growth in the demand for animal-derived food products, increasing urbanization and rising adoption of pets in the emerging market such as India and China.

Veterinary Forceps: Key Players

Some of the key players present in the global veterinary forceps market are Bioseb – In Vivo Research Instruments, EICKEMEYER VETERINARY EQUIPMENT LTD., Sklar Surgical Instruments, Génia, Orthomed Ltd, Jørgen Kruuse A/S, MAI Animal Health, NEOGEN CORPORATION and Keystone Vet, among others.

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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

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.

Contact Us:

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Trach Care Trays Market Perspective, Comprehensive Analysis, Growth and Forecast 2018-2028

Trach care trays are also referred to as tracheostomy care kit which is used to take care of patients who have had tracheostomies. Trach care trays are sterile and disposable kit. Trach care trays are used for three ultimate purposes, i.e. cleaning, soaking, and rinsing. Trach care trays usually consist of four gauze sponges; three pipe cleaners; and one cleaning brush. Along with these item trach care trays includes drape gauze and sterile saline. Gloves provided in trach care trays are helpful in maintaining the sterility and to avoid the infection. A broad selection of trach care trays are available in the market that offer the finest in nursing convenience and infection control. Manufacturers generally prefer to designed trach care trays after taking advice from experienced medical professional to increase the efficacy of the products and fulfil the requirement for efficient and quick tracheostomy care procedures. Stringent regulations are used to design a superior trach care trays.

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Trach Care Trays Market: Drivers and Restraints

The primary factor driving the growth of trach care trays market are the rising number of tracheostomy care procedures throughout the globe. Moreover, increased focus of leading manufacturers to develop improved drugs by following stringent regulations is also expected to drive the growth of trach care trays market. Additionally, rising adoption trach care trays during the tracheostomy care procedures will also propel the growth of trach care trays market over the forecast period. Also, the trach care trays are cheap and hence they can be afforded by majority of patients which is responsible for robust growth of trach care trays market. On other hand, lack of skilled professional to perform the tracheostomy care procedures is expected to deter the growth of trach care trays market during the next decade. In addition, lack of awareness among the people about the tracheostomy care procedures also is also expected to be responsible for the sluggish growth of trach care trays market.

Trach Care Trays Market: Overview

The global trach care trays market is expected to show significant growth during the forecast period owing to increasing adoption of more improved healthcare facilities. The leading manufacturer of trach care trays market are focusing on collaborating with the distributors to upsurge the sale of their products. But there are numerous number of distributors operating in the market which has increased the competition level among the distributors. The trach care trays available in the market are cheap in cost which increase their use in tracheostomy care procedures. Argyle and Kendall are the most common brand of trach care trays available in the market for trach care trays. Among all end user, hospital segment is anticipated to dominate trach care trays market whereas specialty clinics are expected to grow at a faster rate over the forecast period.

Trach Care Trays Market: Regional Overview

On the basis of regional presence, global Trach Care Trays are classified into eight key regions – North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding China & Japan, China, Japan, and the Middle East & Africa. North America is the most lucrative market for Trach Care Trays due to the increasing number of tracheostomy care procedures. After North America, Trach Care Trays market is then followed by Western Europe and Japan due to the increasing adoption of Trach Care Trays. In APECJ region, India and Australia are the major markets for Trach Care Trays due to tracheal diseases in these countries. The MEA and Latin America are expected to show relatively low adoption of Trach Care Trays owing to lack of awareness among the patients about the modified Trach Care Trays.

Trach Care Trays Market: Key Players

Some of the key players found across the value chain of Trach Care Trays market are Medtonic plc, Dynarex Corporation, Vyaire Medical, Inc., Amsino International, Inc., Cook Medical, Smiths Medical, Inc., Teleflex Incorporated, and others.

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Cell Line Development Market By Key Players, Competition Tracking, Applications & Forecast 2030

According to International Agency for Research on Cancer, the number of new cancer cases per year is expected to rise to 23.6 million by 2030 globally. In recent times, cell line development and its applications are considered as potential tools in oncology research. Cell lines are projected to be used for development of new treatment pathway for various disease including cancer and neurological diseases. According to a latest research by Future Market Insights (FMI), the global cell line development market size is anticipated to account for over US$ 7,200 Mn, in terms of value, by 2028 end. The report on cell line development market further projects significant growth potential with CAGR at 7.2% through 2028.

Rapid increase in prevalence of cancer and neurology disorders and lack of efficient treatment solution for these diseases has created the need of more advanced and efficient treatment pathway. Companies and government organizations are investing on research and development activities and are also focusing more on cell line development in search of new cellular pathway to develop novel drugs. The increased spending on biosimilar R&D from exiting biopharmaceutical companies would provide boost to cell line development market.

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In recent time the contract research organizations are focusing on cell line development and cell line research activities. According to National Institutes of Health (NIH) the estimated total federal spending on all type of stem cell line research for 2017 is US$ 1.58 Bn. In developing countries like India, government is supporting cell line development through national funding agencies like Department of Biotechnology (DBT), Indian Council of Medical Research (ICMR), and Department of Science and Technology (DST). Regenerative medicines are the next generation treatment solution and Cell Line Development or Cell Culture is a vital part for regenerative medicine. Increasing demand of regenerative medicines in cancer treatment would positively impacting the growth of Cell Line Development market over the forecast period.

The biopharmaceutical companies operating in development of novel drug line are expected to hold promising revenue opportunity in cell line development market.

Future Market Insights (FMI) has segmented the cell line development market based on product type, cell line source type, end user, type of cell line and region.

Preview Analysis of Cell Line Development Market: Reagents and Media Segment Anticipated to be the Most Attractive During the Forecast Period: Global Industry Analysis 2013-2017 & Opportunity Assessment 2018-2028: https://www.futuremarketinsights.com/reports/cell-line-development-market

Product type segment in cell line development market is segmented into media and reagents, equipment and accessories. Reagents and Media are required from incubation to preservation of cell lines. These products are expensive and have repetitive use in cell culture or bio-production. Reagent and media segment in cell line development market is expected witness noteworthy growth in terms of revenue owing to rapid increase in demand in cell culture and cell based assays.

Cell line development market by cell line source is categorized into mammalian cells and non-mammalian cells. Mammalian cell line development is anticipate to witness significant growth in overall cell line development market. This growth of mammalian cells segment in cell line development market is driven by increased production of biologics drugs which require mammalian cells. Increasing antibody production is the major driving factor behind the growth of mammalian cell lines segment in cell line development market. Mammalian cell lines are used to create therapeutic proteins through genetic building and antibodies through viral infection.

For example, Gaucher’s disease, which is a genetic disorder characterized by lack of β-glucocerebrosidase enzyme and can be treated by Cerezyme which is a recombinant enzyme produces in mammalian cell lines. Mammalian cell lines are also useful in production of antibodies and other therapeutic agents such as specific binding proteins that can neutralize disease causing agents in the body.

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For example Under cell line type segment in cell line development market, recombinant cell line development are the most demanding type of cell line due to large application in biologics production, protein interaction, gene activation, toxicity testing and drug screening. Growing application recombinant cell line development in drug toxicity testing is expected to boost the growth of overall cell line development during the forecast period

North America and Europe cell line development market will dominate in owing to increasing government funding in cell line development research and rising spending on biosimilar developments. Asia Pacific cell line development market is expected to grow at a high growth rate due to increased number of research organization engaged in novel biologics and biosimilar fastest revenue growth in overall cell line development market. The Asia Pacific region in Cell line development market is anticipate to witness increasing demand of biopharmaceuticals and regenerative medicines are expected to boost the growth of the cell line development market.

FMI’s report tracks some of the key companies operating in the cell line development market, such as Selexis SA, GE Healthcare, Corning Incorporated, Thermo Fischer Scientific, Inc., American Type Culture Collection (ATCC), Lonza (Sartorius Stedim Biotech S.A.), Danaher Corporation, Merck KGaA, WuXi Biologics.

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NPWT Canisters Market Trend 2018, Growth, Leading Companies with Impact of Covid-19, Business Scenario, Emerging Dynamics, Industry Share and Revenue Forecast by 2028

Negative Pressure Wound Therapy (NPWT) is a therapeutic wound treatment technique that uses gauze or foam to promote wound healing in soft tissues of severe fractures. A typical NPWT devices comprises of pumps, canisters, connecting tubes and dressing kits. NPWT facilitates wound closure by enhanced protein and collagen production and reduces infection. Negative pressure may also inhibit bacterial growth by drawing fluids into a fitted reservoir from the wound such as exudates that promotes bacterial growth. NPWT canisters are thus used to collect these exudates, which are drawn from the reservoir. During wound management, NPWT canisters continuously get filed with the exudates till wound closure and gets replaced in every few days. Exudates collected in the NPWT canisters move freely and sometimes cause obstruction leading to vacuum delay. In some occasions, spillage and disposal of exudates may also occur during their movement inside NPWT canisters collector. Furthermore, wound exudates also proliferate growth of bacterial and fungal isolates, whose byproducts produce foul odor. Nowadays, NPWT canisters are undergoing a period of rapid transition through continuous innovation by manufacturers who also seek help from clinicians, patients and suppliers. In NPWT canisters market, these product development is primarily focused to reduce exudates movement, better disposal performance, and lower the odor formation inside NPWT canisters collector.

NPWT Canisters: Market Dynamics

Increase in number of NPWT manufacturers will trigger the growth and expansion of NPWT canisters market across the globe. In addition, reduced hospital stays will also boost adoption of disposable NPWT devices including NPWT canisters in near future. On global level, home care settings is expected to dominate NPWT canisters market followed by hospitals. NPWT canisters market is also likely to grow due to significant rise in ageing population and increase in prevalence of chronic patients that ultimately triggers development of chronic wounds and skin ulcers. It is also anticipated that the number of accident and trauma causalities will also increase the usage for advanced wound care products. In contrast, poor penetration of technologically advanced wound care products still exists in underdeveloped nations. Use of conventional therapies such normal bandages and dressings are generally used during wound management in such regions. Such practices impedes the growth of NPWT canisters market. Non patient centric reimbursement policies for NPWT canisters are also hampering the devices market growth. As most of the advanced NPWT wound care products are aggressively priced, both private and public issuers are revising their reimbursement policies, which is anticipated to benefit the growth of NPWT canisters market.

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NPWT Canisters Market: Overview

Increase in healthcare investments around the world by developing and emerging countries are helping to shape up the healthcare sector in order to provide better and effective cure. Developing economies are also gradually adopting to inculcate latest healthcare devices including NPWT canisters for improving advanced wound care management. Further, introduction of new and improved versions of NPWT canisters have catered cost-effective and efficient wound care to the patients and also, helped physicians to deal and manage the wound exudate problems. The market of NPWT canisters is majorly driven by the factors like introduction of technologically advanced devices which are more effective and help in fast wound closure than the conventional wound therapies.

NPWT Canisters Market:  Region-wise Outlook

The global NPWT canisters market is predicted to grow at a significant CAGR over the forecast period i.e. 2018-2028. Portable size of canisters will be one of the key factor driving NPWT canisters market growth. It is anticipated that North America will account the largest market share of NPWT canisters across the globe. The region is likely to continue to dominate NPWT canisters market over the forecast period thanks to favorable re-imbursement policies and implication of innovative healthcare technologies. The Asia-Pacific NPWT canisters market is expected to be the second highest thanks to presence of emerging countries such as India and China which are poised to grow with a healthy GDP. Similarly, other developing nations from Latin America and MEA are also catching up. They are improving their healthcare systems to provide better health care services to their citizens. Moreover, the top manufacturers of NPWT canisters are investing lucratively in these emerging nations, as a result their global footprint would very likely increase.

NPWT Canisters Market: Key Players

Some of the key players present in global NPWT canisters market include Acelity L.P. Inc, Pensar Medical, Cardinal Health, Bemis Manufacturing, Dynarex, Precision Medical, Medela, Haromed Bvba, Carilex Medical, Wound RX Medical, LLC and others.

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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

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.

Contact Us:

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Lacrimal Duct Stent Tube Market By Manufacturers, Regions, Type and Application, Covid -19 Impact Analysis to 2029

Introduction of upgraded and highly precise lacrimal duct stent tube for canalicular stenosis or obstruction and congenital nasolacrimal duct obstruction remains a key booster to the growth of lacrimal duct stent tube market. The global market for lacrimal duct stent tube is projected for a promising 6% CAGR during 2019 – 2029, as suggested by a new Future Market Insights (FMI) report.

There has been higher preference for bicanalicular lacrimal duct stent tube over its monocanalicular counterpart, attributing to the former’s high success rate, suitability for stenting in older patients, and better clinical outcomes. Moreover, increasing prevalence of retina-related conditions, primarily imperforation of nasolacrimal duct, epiphora both in infants and adults, and conditions necessitating dacryocystorhinostomy are other factors responsible for propelling revenue growth of the lacrimal duct stent tube market.

Consistent efforts towards diagnosis and management of lacrimal duct obstruction with enhanced success rate, minimally invasive lacrimal surgery, and better clinical outcomes, and increasing product awareness among ophthalmologist are factors augmenting growth prospects for the lacrimal duct stent tube market.

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Key Takeaways – Lacrimal Duct Stent Tube Market Study

  • Bicanalicular lacrimal duct stent tube is expected to contribute three fourth of revenue share in the lacrimal duct stent tube market owing to its high success rate in stent placement.
  • Hospitals captured maximum share of the lacrimal duct stent tube market owing to highest patient footfall followed by ophthalmic clinics.
  • Attributed to growing patient pool for retinal diseases, especially due to premature births, contributed to the dominance of North America in the lacrimal duct stent tube market.
  • Increasing awareness for availability of the treatment for nasolacrimal duct stent obstruction among caregivers of prematurely born babies and increasing number of skilled professionals are expected to drive growth of the lacrimal duct stent tube market in East Asia.

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Manufacturers Emphasizing Advanced Product Development

Numerous organizations are focusing on new product development for lacrimal duct stent tube. In June 2019, FCI Ophthalmic offered a complete line of BIKA stents namely, BIKA, BIKA for DCR, and Infant BIKA covering a range of sizes that will benefit most of the congenital nasolacrimal duct obstruction (CNLDO) and dacryocystorhinostomy (DCR) cases.

Know More About Lacrimal Duct Stent Tube Market Report

Future Market Insights brings the comprehensive research report on forecast revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each segment from 2014 to 2029. The global lacrimal duct stent tube market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on lacrimal duct stent tube market on basis of product type (monocanalicular lacrimal duct stent tube, bicanalicular lacrimal duct stent tube), and end user (hospitals, ophthalmic clinics, ambulatory surgical centers), across seven major regions.

LACRIMAL DUCT STENT TUBE MARKET TAXONOMY

The global lacrimal duct stent tube is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

Product

  • Monocanalicular Lacrimal Duct Stent Tube
  •  Bicanalicular Lacrimal Duct Stent Tube

End User

  • Hospitals
  • Ophthalmic Clinics
  • Ambulatory Surgical Centers

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Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Asia (MEA)