Market Research Blog – Page 15586 – New Product Development

Microneedle Drug Delivery Systems Market will grow at a CAGR of 6.6% between 2020 and 2030

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

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

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

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Key Takeaways from the Report

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

Covid 19 Restricting Pace of Growth

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

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

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

Who is winning?

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

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Why Future Market Insights?

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

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

About FMI:

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

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Poultry Diagnostics Market: ELISA tests are expected to continue holding major market share through 2030

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

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

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

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Key Takeaways

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

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

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

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

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Laryngoscopes Market is likely to rise at above 5% CAGR between 2020 and 2030

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

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

Key Takeaways from Laryngoscopes Market Report

The laryngoscopes market to exhibit surging sales as demand rises due to the increasing incidence of vocal or throat related diseases
Increasing caution regarding hygiene have resulted in doctors adopting laryngoscopes in order to minimize invasion and contact
Reusable laryngoscopes are popular in the market due to their environmentally friendly properties
North America is expected to emerge as the leading market for laryngoscopes and is likely to remain dominant through the forecast period

While hospitals will continue exhibiting high demand, sales in specialty clinics as well are expected to surge in the coming years

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COVID-19 Impact Analysis

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

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

Who Is Winning?

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

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

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

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Intravenous Pegloticase Market Trends, Strong Application Scope, Key Players, Growth Overview and Forecast by 2030

Intravenous pegloticase is a drug used for the treatment of chronic and refractory gout disease, used for treating the patients who have undergone medications that did not work well. Gout is a disease caused due to excessive uric acid in the blood (hyperuricemia).

Intravenous pegloticase works by lowering the amount of uric acid in the body. Intravenous pegloticase is administered in healthcare settings and healthcare by healthcare providers to manage the adverse events of the drug.

Intravenous pegloticase market is expected to expand during the forecast period due to the increasing prevalence of gout disease across the globe and strong R & D pipelines.

Pandemic coronavirus is believed to have a severe impact on the global intravenous pegloticase market. Intravenous pegloticase market manufacturing industries are being shuttered around the world causing an unprecedented technology and business model transformation.

There has been a disruption in the production and supply of intravenous pegloticase due to the global restrictions. Also, the flow of patients seeking gout treatment in the hospitals and clinics is reduced which is affecting the global intravenous pegloticase market.

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Intravenous pegloticase Market: Drivers and Restraints-

The increasing prevalence of chronic and refractory gout disease is expected to be the major driver of the intravenous pegloticase growth market. The strong R & D pipelines are another major factor driving the growth of the intravenous pegloticase market.

The increasing mergers and collaborations between major companies and increasing demand for effective treatment of chronic and refractory gout are also driving the growth of the intravenous pegloticase market.

Furthermore, the rising awareness and adoption of intravenous pegloticase in the management of chronic and refractory gout disease, especially in emerging nations is likely to boost the intravenous pegloticase market growth.

However, there are some factors which can restrain the growth of the intravenous pegloticase market such as adverse reactions of the drug associated with its use, including infusion reactions, and anaphylaxis.

Many other adverse events such as gout flare, nausea, contusion, nasopharyngitis chest pain and vomiting have also been reported. Also, the stringent regulations imposed by the authorities restrict the intravenous pegloticase market growth.

Intravenous pegloticase Market: Overview

Based on the age group, the adult segment is expected to hold a major share in the intravenous pegloticase market due to the increasing prevalence of chronic and refractory gout disease among the adult population. Based on the indication, the chronic gout disease segment is expected to dominate the intravenous pegloticase market.

Based on the distribution channel, the hospital pharmacies are expected to be the most profitable segment in the global intravenous pegloticase market due to the higher number of patients flow in the hospitals.

Intravenous pegloticase Market: Region-wise Outlook

North America is expected to dominate the global intravenous pegloticase market, due to the advancement in the treatment of gout diseases and increasing prevalence of chronic and refractory gout disease in the region. North America is expected to be followed by Europe, due to the higher adoption of the drug in the region.

Asia-Pacific is expected to have a significant growth in the global intravenous pegloticase market over the forecast period due to the increasing awareness of intravenous pegloticase usage, and rising healthcare expenditure. Also increasing population in countries like China and India is further likely to boost the intravenous pegloticase market growth in the region.

Intravenous pegloticase Market: Key Market Participants

Some of the market participants in the global intravenous pegloticase market identified across the value chain include:

Horizon Therapeutics
BTG plc
Savient Pharmaceuticals Inc

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Temperature Sensing Foley Catheter Market Covid-19 Impact Analysis, Size, Share, Key Trends, Demand and Forecast till 2030

The global temperature sensing foley catheter market is expected to increase with the increasing demand to manage post urological procedures. The outbreak of novel coronavirus is believed to have a severe impact on the global temperature sensing foley catheter market. Temperature sensing foley catheter is used in measuring urine temperature through a bladder catheter, which further determines the core body temperature. Temperature sensing foley catheter has a temperature sensor near the tip and a wire which connects the temperature sensor to the monitor.

It is used for various surgical procedures and also for intensive care. Temperature sensing foley catheter provides many benefits such as continuous temperature measurement, compatibility with machines, hypothermia units, and patients monitor, maintaining brain health as the bladder temperature correlates to brain temperature.

There has been a disruption in the supply chain resulting in a significant shortage in the supply of temperature sensing foley catheter across the world. The import of several parts from china has been stopped affecting the production of temperature sensing foley catheter.

Manufacturing industries are being shuttered around the world due to lockdown causing an unprecedented technology and business model transformation.

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Temperature Sensing Foley Catheter Market: Drivers and Restraints-

The increasing number of urological procedures, across the globe and the demand to manage post surgical procedures is driving the global temperature sensing foley catheter market.

The increasing prevalence of urinary incontinence in the world is further likely to boost the global temperature sensing foley catheter market. The U.S Department of Health & Services reported that around 13 million in the U.S suffered from urinary incontinence in 2015.

Furthermore, the large amount of investment in R&D, technological advancements by various key players are likely to drive the global temperature sensing foley catheter market.

Temperature Sensing Foley Catheter Market: Overview

Based on the material type, the latex segment is expected to hold a major share in the temperature sensing foley catheter market as it is mostly used for long-term catheterization due to its various characteristics such as rigidity, biocompatibility, and longer shelf life.

Based on the product type, the 2-way catheters segment is expected to dominate the temperature sensing foley catheter market due to its efficient cost as compared to other catheters. Based on the end-user, the hospitals are expected to be the most profitable segment in the global temperature sensing foley catheter market.

Temperature Sensing Foley Catheter Market: Region-wise Outlook

North America is expected to dominate the global temperature sensing foley catheter market, owing to the technological advancement in products development. Furthermore, a large amount of investment in R&D is likely to boost the market in the region.

North America is expected to be followed by Europe, due to the rising adoption of new and advanced products and technologies in the region. Asia-Pacific is expected to have a significant growth in the global temperature sensing foley catheter market over the forecast period due to the rising number of geriatric population, increasing prevalence of urological diseases, and rising healthcare expenditure in countries like India and China.

Temperature Sensing Foley Catheter Market: Key Market Participants

Some of the market participants in the global temperature sensing foley catheter market identified across the value chain include:

Medline Industries Inc.
C.R. Bard Inc.
Medtronic plc
Teleflex Incorporated
B. Braun Holding GmbH & Co. KG Cook Group
Coloplast A/S
Seimens AG
Biomerics LLC
Nordson Corporation

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Dopamine And Norepinephrine Reuptake Inhibitor Market 2020: Global Industry Analysis, Size, Share, Growth, Trends And Forecast To 2030

The global dopamine and norepinephrine reuptake inhibitor market is likely to expand during the forecast period with the increasing prevalence of depression across the globe. Pandemic coronavirus has affected almost every industry.

Dopamine and norepinephrine are the neurotransmitters associated with the body’s stress response and helps to regulate sleep, alertness, motivation, perception, etc.

Dopamine and norepinephrine reuptake inhibitor are a class of antidepressant drug that blocks the action of both dopamine and norepinephrine transporter when there is an imbalance in the hormones.

Depression consists of various health problems characterized by the lack of positive emotions, mood swing, and also many physical, behavioural and emotional symptoms. In 2016, WHO reported that around 350 million people were affected with depression and the count is increasing.

The dopamine and norepinephrine reuptake inhibitor market is expected to surge due to the COVID-19 outbreak. The increasing number of coronavirus patients and fatalities is raising many mental health issues worldwide, also people who are already living with mental health problems are facing increased stress levels due to the global restrictions.

This has caused an increased demand for dopamine and norepinephrine reuptake inhibitor to manage the mental problems.

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Dopamine and Norepinephrine Reuptake Inhibitor Market: Drivers and Restraints-

The increasing prevalence of depression, rising geriatric population, and advancement in techniques of developing drugs with lesser side effects are expected to drive the growth of the dopamine and norepinephrine reuptake inhibitor market.

Moreover, rising number of people suffering from and stress due to workload, changing lifestyle and rising awareness among people about the mental disorders and demand for clinical needs are further likely to boost the dopamine and norepinephrine reuptake inhibitor market.

However, there are some factors that restrains the dopamine and norepinephrine reuptake inhibitor market such as poor efficacy of the drug, and preference for non-pharmacological therapies.

Dopamine and Norepinephrine Reuptake Inhibitor Market: Overview

Based on the drug type, the focalin drug segment is expected to hold a major share in the dopamine and norepinephrine reuptake inhibitor market due to increasing prevalence of depression as it is more effective to treat depression as compared to other drugs.

Based on the application, the clinical depression segment is expected to be the major segment due to the increasing prevalence of major depressive disorders. Based on the distribution channel, hospital pharmacies are expected to be the most profitable segment in the global dopamine and norepinephrine reuptake inhibitor market.

Dopamine and Norepinephrine Reuptake Inhibitor Market: Region-wise Outlook

The global dopamine and norepinephrine reuptake inhibitor market is expected to be dominated by North America owing to the advancement in drug development and higher adoption of drugs in the region

North America is expected to be followed by Europe due to increasing prevalence of depression in the region.

Asia-Pacific is expected to have a rapid growth rate in the global dopamine and norepinephrine reuptake inhibitor market over the forecast period, due to changing lifestyle, environmental stress, and increasing geriatric population in the countries like India and China.

Dopamine and Norepinephrine Reuptake Inhibitor Market: Key Market Participants

Some of the market participants in the global dopamine and norepinephrine reuptake inhibitor market identified across the value chain include:

Novartis International AG
Mylan N.V.
Pfizer Inc.
Eli Lilly and Company
GlaxoSmothKline plc
Merck & Co.
AbbVie Inc
Teva Pharmaceuticals
Bristol Myers Squibb Company
Alkermes plc

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Urine Monitoring Systems Market Insights with Upcoming Trends Segmentation, Opportunities and Forecast to 2030

Urine monitoring systems are used for monitoring urine output, including both volume and flow rate, either manually or automatically. Urine monitoring systems continuously monitors the urine output and is believed to save time and reduce the workload of the healthcare staff.

Urine monitoring systems uses a capacitive sensor for the measurement of urine output collected within a rigid container, the volume and flow rate is then used for determining any abnormality.

Urine monitoring systems are widely used in the management of kidney disorders. The market of urine monitoring systems is likely to expand during the forecast period with the increasing demand for efficient management of kidney disorders.

The outbreak of novel coronavirus is believed to have a severe impact on the global urine monitoring systems market. There has been a disruption in the import of raw materials that are required in the production of Urine monitoring systems.

Urine monitoring systems manufacturing industries are being shuttered around the world causing an unprecedented technology and business model transformation. The flow of patients in the hospitals and clinics during the COVID-19 has fallen, leading to the decreased demand for management of kidney disorders.

After the supply and manufacturing disruptions, the industries are now facing a demand shock with an uncertain recovery timeline due to shelter-in-place regulations.

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Urine Monitoring Systems Market: Drivers and Restraints-

The increasing prevalence of kidney disorders across the globe and increased focus of healthcare providers towards effective management of kidney disorders are the major factors driving the growth of the urine monitoring systems market.

In 2017, the National Chronic Kidney Disease Fact Sheet stated, around 30 million of U.S. population were suffering from form kidney disorders, which is nearly 15% of the U.S. population. The demand for minimally invasive and effective systems to monitor patient’s urine output in neonatal care units is increasing which is also expected to drive the urine monitoring systems market.

Also, the rising adoption of urine monitoring systems market by hospitals and specialty clinics is likely to boost the urine monitoring systems market. However, the risk of getting urinary tract infections, and false odour are some of the factors that hamper the growth of the urine monitoring systems market.

Urine Monitoring Systems Market: Overview

Based on the product type, the automatic segment is expected to hold a major share in the urine monitoring systems market. Based on the usage, the reusable segment is expected to dominate the urine monitoring systems market.

Based on the end-user, the hospitals segment is expected to be the most profitable segment in the urine monitoring systems market due to the higher number of patients flow and advanced medical facilities in the hospital.

Urine Monitoring Systems Market: Region-wise Outlook

North America is expected to dominate the global urine monitoring systems market, due to the increasing prevalence of chronic kidney disorders in the region, and higher adoption of urine monitoring systems in the hospitals and clinics.

North America is expected to be followed by Europe, due to the increasing number of new products introduction by the manufacturers in the region. Asia-Pacific is expected to have a significant growth in the global urine monitoring systems market over the forecast period due to the increasing number of patients suffering from kidney disorders.

Also, increasing geriatric population is further likely to expand the urine monitoring systems in countries like China and India.

Urine Monitoring Systems Market: Key Market Participants

Some of the market participants in the global urine monitoring systems market identified across the value chain include:

Degania Silicone Ltd.
Cardinal Health Inc.
Navamedic ASA
Future Path Medical Holding Company LLC
RenalSense Ltd.
Potrero Medical Inc.
Roche Holding AG
Patricia Industries
Medispec Ltd
SCHIPPERS- MEDIZINTECHNIK

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Sympathoimemetic Agents Market Growth Trends, Key Players, Competitive Strategies and Forecasts to 2030

Sympathomimetic are agents that are used to increase the endogenous catecholamines of the sympathetic nervous system for the purpose of therapeutic benefit. The sympathoimemetic agents market is expected to grow substantially during the forecast period due to rising cardiac diseases.

The rising pollution may also contribute to increase in no. of respiratory diseases which in turn will boost the boost the growth of the market.The sympathoimemetic agents market is segmented based on type, indication and region.

On the basis of type, the sympathoimemetic agents market is segmented into dobutamine, dopamine, epinephrine, norepinephrine, isoproterenol, ephedrine and others. On the basis of indication, the sympathoimemetic agents market is segmented into cardiac arrest, respiratory diseases and anaphylaxis.

With the COVID-19 breakout in December 2019, the disease has affected more than 200 countries. Therefore, it is important to take this into consideration while addressing sympathoimemetic agents market.

The disease may have led to temporary lag in the sympathoimemetic agents market, but in the long run the sympathoimemetic agents market is expected to pace up and flourish at a significant rate during the forecast period 2020-2030.

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Sympathoimemetic Agents Market: Drivers and Restraints

The increasing prevalence of cardiovascular diseases is expected to drive the growth of the sympathoimemetic agents market during the forecast period. Increasing healthcare awareness may also boost the growth of the sympathoimemetic agents market.

Additionally, the increased no. of research and development activities is also expected to drive the growth of the market. Furthermore, the increasing air pollution, which leads to increasing occurrence of respiratory diseases, may increase the growth of the sympathoimemetic agents market during the forecast period 2020-2030.

However, the side effects associated with these agents may restrict the growth of the market.

Sympathoimemetic Agents Market: Overview

On the basis of type, the sympathoimemetic agents market is segmented into dobutamine, dopamine, epinephrine, norepinephrine, ephedrine, isoprotenerol and others. Epinephrine, norepinephrine and dopamine are expected to contribute significantly towards the revenue of sympathoimemetic agents market during the forecast period.

On the basis of indication, the sympathoimemetic agents market is segmented into anaphylaxis, cardiac arrest, respiratory diseases and others. In this segment, cardiac arrest and respiratory diseases are expected to be the leading contributor of revenue due to rising prevalence of cardiac and respiratory diseases.

Sympathoimemetic Agents Market: Regional-Wise Outlook

Based on region, the global sympathoimemetic agents market is segmented into North America, Asia Pacific, Latin America, Europe and Middle East and Africa.

The global sympathoimemetic agents market is expected to be dominated by North America due to advanced healthcare facility and treatment procedures in this region. Europe is expected to register 2^nd largest revenue shares in sympathoimemetic agents market.

Asia Pacific is expected to experience highest market growth during the forecast periods as a result of increasing population. Additionally, increasing healthcare awareness and increasing research and development activities are further expected to boost the growth of the sympothoimemetic agents market in the region.

Due to improving healthcare structure Latin America may experience significant growth. Meanwhile, the Middle East and Africa are expected to contribute least in the sympathoimemetic agents market in the coming years.

Sympathoimemetic Agents Market: Key players

Some of the players identified in the warm autoimmune hemolytic anemia market include:

Pfizer
Sanofi
Novartis
Sterimax
Teva pharmaceuticals
Cipla USA
Amneal Biosciences
Hikma pharmaceuticals
Bedford Pharmaceuticals
Nexus Pharmaceuticals

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In Vitro Fertilization Banking Services Market is anticipated to grow at over 11% CAGR during the forecast period from the year 2020 to 2030

The in vitro fertilization (IVF) banking services market is gaining traction owing to the growing rate of infertility around the world. A recent study by the World Health Organization (WHO) states that infertility affects around 15% couples annually around the world.

Due to the growing cases of cancer the adoption of in vitro fertilization (IVF) is rising substantially among cancer patients, which in turn is fuelling the demand for in vitro fertilization banking services.

The increase in investment in order to obtain safe and secure sperm/egg storage facility coupled with the rising focus on cost-effective in vitro fertilization banking services is bolstering the growth of the market.

The healthcare industry is expanding fast and incorporating cutting edge technologies and equipment in their services. This in turn is aiding the expansion of the in vitro fertilization banking services market. It also is expected to gain from favourable government policies across various nations.

According to Future Market Insights (FMI), the global in vitro fertilization banking services market is anticipated to grow at over 11% CAGR during the forecast period from the year 2020 to 2030. Despite facing a few difficulties due to COVID-19 pandemic, the market is projected to grow steadily in the coming years. FMI offers an exhaustive overview of the in vitro fertilization banking services market, along with information on its potential, growth drivers, and restraints.

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Some of the key takeaways from the report are highlighted below

The demand for egg banking services is expected to surge considerably in the coming years
Europe will lead in the in vitro fertilization banking services market throughout the forecast period
Latin America will emerge lucrative in the in vitro fertilization banking services market in the coming years
The rising demand for andrology services will augment growth prospects
Fresh donor egg cycle services will remain highly sought-after among various egg banking services available

COVID-19 Impact Analysis

In vitro fertilization is a costly and time consuming process hence the financial crisis caused due to the COVID-19 pandemic has severely affected the in vitro fertilization banking services market.

As the focus has shifted towards emergency services in healthcare sector, the demand for in vitro fertilization has been decreased substantially affecting the growth of in vitro fertilization banking services market.

Though the market has been affected due to the pandemic, it is anticipated to get back to its feet by the end of the year 2021 creating ample of opportunities for the key market players.

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Mammalian Transient Protein Expression Market Analysis and Review by Application – Bio Production and Academic Research for 2020-2030

Global mammalian transient protein market revenues are projected to surpass US$ 540 million in 2020, according to a new study by Future Market Insights (FMI). The report also states that, innovations in automation and recombinant proteins will support market developments, however, prohibitive costs and complexity to maintain media purity remain challenges.

Key Takeaways on Mammalian Transient Protein Expression Market

The size of the mammalian transient protein expression market is estimated to reach approximately US$ 540 Mn by the end of 2020, with antibody and therapeutic protein production applications being the primary factors driving growth in the industry.
Biopharmaceutical companies will remain prominent end-users of mammalian transient protein expression, while CROs are also likely to reflect steady growth on the back of biologics and drug development endeavours.
Chinese hamster ovary cells in terms of cell lines reflect relatively higher demand, owing to applications in academic and research uses, accounting for ~70% of market share by 2030.
North America followed by Europe are leading markets for mammalian transient protein expression, access to cutting edge healthcare technologies, and the presence of leading market players.

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Covid-19 Impact on Mammalian Transient Protein Expression Market

The Impact of the covid-19 pandemic on the mammalian transient protein expression market has largely been negative. Strict lockdown and social distancing regulations has resulted in delayed projects in research and biomedicine applications.

Also, market players have witnessed lower sales and revenue during the crisis period arising from supply chain disruptions, and shortage of adequate manpower. On the other hand, potential for applications in vaccine development is likely to provide opportunities for short-term growth, moderately mitigating loss during this period.

Who is Winning?

In its latest report, Future Market Insights has provided details on key business strategies that are gaining importance in the mammalian transient protein expression market. Market leaders in the industry have been pushing on the expansion of their portfolios with offerings associated to antibody development and gene coding. Also, strategic collaborations are gaining ground in the sector.

Merck KgaA, Thermo Fisher Scientific, Agilent Technologies Inc., Lonza, Mirus Bio Inc., Takara Bio Inc., Qiagen N.V., and Bio-Rad Laboratories Inc., are some of the key companies operating in the mammalian transient protein expression market.

For critical insights, request for PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-12807

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