Radiotherapy Patient Positioning Accessories Market is expected to grow at a CAGR of 4.9% over 2018-2028

Estimated to exceed the revenues of US$ 500 million in 2019, the global market for radiotherapy patient positioning accessories is projected to witness a moderate 4.3% annual growth in revenue, over that in 2018. According to a recent research study of Future Market Insights (FMI), nearly 1/5th of the overall installed base of radiotherapy patient positioning accessories is accounted by couch tops and overlays, followed by immobilization systems.

More than 40% of the total adoption of radiotherapy patient positioning accessories is registered by hospitals at a global level, as indicated by FMI’s report. A higher rate of demand for radiotherapy patient positioning accessories is likely to be recorded by cancer research institutes and radiation therapy/proton therapy centers, in the forthcoming years.

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Government Support Pivotal in Accelerating Installation of Radiotherapy Patient Positioning Accessories

North America and Europe currently hold a combined revenue share of over 60% in the global radiotherapy patient positioning accessories market. Remarkable increase in the rate of early cancer diagnosis is leading to hike in the adoption of radiotherapy, more prominently in developed countries such as the US, UK, and Germany among others. Moreover, the study opines that the increasing awareness about multiple types of cancers, further backed by favorable government initiatives regarding cancer diagnosis and treatment, will be one of the strongest factors pushing penetration of radiotherapy patient positioning accessories within developed regional markets.

On the other side, governments of several developing economies are also extending support and investments in the cancer diagnosis and treatment space, particularly through screening camps – which is boosting the diagnosis rates of cancer. This according to the report is majorly responsible for promising growth in the installed base of radiotherapy systems and patient positioning accessories. According to FMI’s analysis, the flourishing medical tourism sector is also registering significant contribution to the thriving demand for radiotherapy patient positioning accessories in emerging economies.

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Strategic Efforts in Stronger Distribution Network Gathering Momentum among Manufacturers

Some of the key players actively competing in the radiotherapy patient positioning accessories market include Bionix Radiation Therapy, CDR Systems, CIVCO Radiation, Orfit Industries N.V., IZI Medical Products, Klarity Medical Products, Qfix, Elekta AB, and Eckert & Ziegler BEBIG, among others. Several leading manufactures are focused on the development and approval of new products. CIVCO Radiotherapy announced the FDA clearance and CE mark for their Solstice SRS Immobilisation System, in the H2 2018.

Strong distribution partnerships tend to result in effective product reach across the value chain and thereby supports the business growth. While the growing trend of strategic distribution partnerships between peer companies operating in the radiotherapy patient positioning accessories market is translating into improved product outreach, FMI’s analysis suggests that collaborative activities in terms of distribution of radiotherapy patient positioning accessories will particularly benefit smaller players in the market. Recently, POLL Medical entered the partnership with CIVCO for the global distribution of CE-marked GrayDuck Stents.

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About Future Market Insights (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, and has delivery centers in the UK, 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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Electronic Stethoscope Market are projected to account for over 56.8% between 2022 and 2029

Up from nearly half a million units sold in 2018, the global sales of electronic stethoscopes will observe a robust 7.2% growth in 2022. The electronic stethoscopes market is expected to create an incremental opportunity worth US$ 170.9 Mn between 2022 and 2029.

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Key Manufacturers Continue to Strategize on New Product Launches in Electronic Stethoscopes Landscape

Almost 2/5th of total adoption of electronic stethoscopes is registered at hospitals, the report underscores that there has been significant adoption by medical institutes in the recent past. In the next few years, medical institutes and ambulatory surgical centers are likely to create multiple opportunities for manufacturers of electronic stethoscopes.

More than half of the overall sales is accounted by amplifying electronic stethoscopes, as indicated by FMI’s analysis. While amplifying electronic stethoscopes provide results as accurate as digitizing electronic stethoscopes, the latter are associated with high maintenance owing to the presence of multiple electronic components. Amplifying electronic stethoscopes are thus expected to observe significant growth in revenue over the course of coming years.

According to the report, the market attractiveness of amplifying stethoscopes is strongly backed by the increasing number of launches of new electronic stethoscopes by a number of small- and medium-sized companies. Electronic stethoscopes are rapidly replacing conventional variants across developed countries, predominantly owing to accelerated regulatory approvals.

  • eKuore had launched the first wireless stethoscope for medical use.
  • Eko had launched the first Android–connected digital stethoscope.
  • In April 2018, Steth IO launched a digital smartphone-enabled stethoscope.

According to the report, approximately 60% of the electronic stethoscopes that are sold are enabled with Bluetooth technology and an integrated chest piece system. The former is however poised to witness a higher rate of adoption over the coming years.

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North America Continues to Lead the Global Market for Electronic Stethoscopes

North America holds a considerable revenue share in the electronic stethoscopes market. With advancements in technology and the presence of a large number of healthcare facilities, electronic stethoscopes are being widely used in the region. Their ability to provide amplified sound output as well as reduce external sound makes it easy for medical professionals to detect sounds and provide proper treatment to patients.

FMI’s study has profiled some of the key companies operating in the global electronic stethoscopes market, including Eko Devices, eKuore, GlobalMed, 3M, Welch Allyn, Ambisea Technology Corp., Meditech Equipment Co., Ltd, HD Medical, Thinklabs, ADInstruments, and Cardionics Inc.

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About Future Market Insights (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, and has delivery centers in the UK, 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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Home Sleep Screening Devices Market size is projected to total US$ 5.1 Bn by 2028

According to the latest research by Future Market Insights (FMI), global sales of home sleep screening devices exceeded the revenues worth US$ 2.3 billion in 2021. Toward 2022, FMI expects the revenue to observe robust increase by around 7%. According to the report, a majority of revenue through sales of home sleep devices will be generated by retail stores, the most preferred distribution channel for home sleep screening devices manufacturers, followed by the online sales segment.

In terms of revenue, the wearable sleep screening devices account for the revenue share of over 65% in the overall home sleep screening devices market. However, the increasing affordability and adoption of non-wearable devices for continuous sleep tracking without physical contact with the device is estimated to fuel the growth of the non-wearable home sleep screening devices segment in the near future.

Despite the fact that the rates of insurance reimbursement for home sleep studies are low, the convenience and portability offered by these devices compensate for the lack of reimbursement. A growing trend of using wearables as lifestyle devices is facilitating the demand for home sleep screening devices, and this is among the factors boosting the revenue generation of the home sleep screening devices market.

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Prevalence of Sleep Related Disorders & Rising Number of Manufacturing Players Accelerating Market Reach of Home Sleep Screening Devices 

The growing demand for sleep studies with home sleep screening devices can be attributed to the growing prescription numbers for home sleep tracking. Sleep disorders are affecting a large pool of population, which has boosted the awareness about these disorders and other related ailments. Increase in the prevalence of sleep disorders has led to an expansion of private care centres and hospitals. These sleep centres have increased awareness among people about the importance of tracking sleep patterns for better sleep. This is driving the usage of home sleep screening devices for sleep disorder cases, and subsequently increasing the revenue generation of the home sleep screening devices market.

Increasing number of manufacturers in the home sleep screening devices landscape and growing awareness among patients about sleep-related disorders will fuel the demand for home sleep screening devices across the globe. There has been a consistent increase in the number of local manufacturers of sleep tracker systems, as well as the availability of different types of trackers such as wristbands, headbands, tracker masks, and ring devices. This enables customers to choose from a range of products depending on the data they want to analyze and the type of wearable preferred by them, based on which they can opt for a product based on their affordability as well as medical feasibility. This is majorly contributing to the growth of the home sleep screening devices market.

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Advancing Sleep Tracking Technology to Uplift Sales Potential of Sleep Screening Devices

The technology utilised in home sleep screening devices is based on the mapping of the REM sleep, heal rate, respiration patterns, and deep sleep. However, new home sleep screening devices are incorporating the same technology as the one used in Actigraphy and polysomnography devices. The growing trend of utilising a sleep tracker as a lifestyle accessory is estimated to promote the growth of the home sleep screening devices market.

Technological advancements in smart home sleep screening devices have led to the creation of hybrid devices that not only track activity, but also track sleeping patterns. These smart home sleep screening devices are capable of tracking fitness aspects such as the distance walked, calories consumed, heart rate monitoring, and can also track sleep patterns such as deep & light sleep and REM.

For instance, Fitbit, Inc.’s product Fitbit Ionic tracks fitness/activity as well as sleep patterns. It can record the REM, deep & light sleep, as well as provide tips for efficient sleeping patterns based on an individual’s lifestyle. Similar technological trends are estimated to eliminate the factors restraining the growth of the home sleep screening devices market.

The Consumer Electronics Association has collaborated with The National Sleep Foundation and formed “The Wearable Sleep Monitoring Equipment Group,” which is aimed at boosting the development of sleep technologies. This is also expected to improve the quality of wearable home sleep screening devices to ensure better data collection and storage. The introduction of certain new advancements and technologies are expected to create growth opportunities for the home sleep screening device market.

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The report tracks some of the key companies operating in the home sleep screening devices market, which include Fitbit, Inc., Koninklijke Philips N.V., Huami Corporation, Fossil Group, Inc., Garmin Ltd., Huawei Technologies Co., Ltd., ResMed Inc., Responsive Surface Technology, LLC, and Simmons Bedding Company LLC.

The report also elaborates on the key aspects and trends that are likely to govern the home sleep screening devices market performance during 2018-2028, emphasizing the technological roadmap, average selling price, and country-wise revenue analysis.

About Future Market Insights (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, and has delivery centers in the UK, 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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Future Market Insights,
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Lacrimal Duct Stent Tube Market 2022 Industry Research, Segmentation, Key Players Analysis and Forecast 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.

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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.

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.
lacrimal duct stent tube market share by region

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.

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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.

FREQUENTLY ASKED QUESTIONS ABOUT LACRIMAL DUCT STENT TUBE MARKET

Which region is expected to lead in terms of revenue in lacrimal duct stent tube market?

North America remains most lucrative region in terms of revenue and is anticipated to grow at an impressive rate during the forecast period. India, China, and Brazil are expected to be targeted geographies for incremental opportunity for regional and major players.

Which product segment would be most attractive for investments?

Bicanalicular lacrimal duct stent tube emerged as the attractive segment by product type representing 3/4th of revenue share in the lacrimal duct stent tube market. Easier usability, improved patient compliance, material compatibility of bicanalicular lacrimal duct stent with patient without causing any adverse reaction are key pointers in driving growth of the segment.

Which end users would contribute maximum revenue during the forecast period?

Hospitals are expected to hold half of the total market revenue share during the forecast period. Ophthalmic clinics are anticipated to be second most attractive segment owing to increase in number of surgeries and number of cases related to nasolacrimal duct obstruction.

Who are the major players in the lacrimal duct stent tube market?

FCI Ophthalmics, Kaneka Corporation are the key players in the lacrimal duct stent tube market. New product development is the key strategy folowed by these players. Effective marketing strategy among ophthalmologists and cost effectivity are other criterias that manufacturers are competing on.

What complications associated with stent tubes are hampering market growth?

Corneal abrasion is the most common complication encountered during treatment procedure. To overcome this complication, manufacturers in the lacrimal duct stent tube market are focusing on altering the length of stent, material used for manufacturing, etc. The process still has risk of complications, considering the age group in which stenting is carried out. These complications may hamper the potential growth of the market.

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Automotive Proportioning Valves Market 2022 Key Players, End User, Demand and Consumption by 2029

Automotive Proportioning valves are used in vehicle’s brake system to reduce the brake fluid pressure applied to each axle set of the brake system. Automotive Proportioning valves is a necessary component of the brake system connecting the master cylinder to the rest of braking system. Automotive Proportioning Valve is a spring loaded device. Automotive Proportioning Valves helps in adjusting the distribution of the brake force between the rear and front wheels and subsequently avoids the rear tires from locking up. Owing to increasing automotive sales and vehicle fleet, the demand for Automotive Proportioning Valves is also estimated to witness significant growth in the coming years. This in turn is expected to contribute to the growing market of Automotive Proportioning Valves across the globe during the forecast period.

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Automotive Proportioning Valves Market: Dynamics

Sales of Automotive Proportional Valves is directly proportional to the automotive production and automotive fleet on road. Increasing demand for passenger cars is leading towards growing automotive production and automotive sales particularly in the developing regions. Growing automotive production is estimated to be key factor driving the demand for automotive proportioning valves across the globe. Increasing automotive sales is continuously adding to the total vehicle fleet across the globe. This in turn is anticipated to create significant opportunities in the aftermarket sales segment for Automotive Proportioning Valves market during the forecast period.

Growing popularity of an Electronic Brake Proportioning EBP particularly in the new model vehicles is estimated to be the key factor restraining the growth of global Automotive Proportioning Valves market during the forecast period. Late car models equipped with advanced features such as traction control, Anti-lock Braking System, and electronic stability do not prefer the usage of mechanical proportioning valve, instead the proportioning is handled by the ABS system, providing improved control and stability.

Growing customer’s traction as well as increasing government focus towards electric vehicles is expected to be an ongoing trend gaining momentum in the global automotive proportioning valves market. Rapidly growing electric vehicle market with expected fall in the manufacturing costs for all classes of electric vehicle is also considered to be one of the major factor propelling the demand for electric vehicles during the forecast period.

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Automotive Proportioning Valves Market: Regional Outlook

The market for Automotive Proportioning Valves is expected to witness significant growth in the coming years owing to growing automotive industry across the developing region. Growing automotive production in countries such as Iran, India, ASEAN, Finland, Sweden, Russia, Netherlands, and Turkey is expected to create substantial opportunity in the Automotive Proportioning Valves market in Europe and Asia Pacific region during the forecast period. Growing market for electric vehicles in countries such as China and U.S. is also estimated to drive the demand for Automotive Proportioning Valves market in the coming years. Growing vehicle fleet in Latin America and Middle East & Africa region is also estimated to drive the demand for Automotive Proportioning Valves market during the forecast period

Automotive Proportioning Valves Market: Key Participants

Examples of some of the market participants identified across the value chain of the global Automotive Proportioning Valves market include:

  • ACDelco
  • Knorr-Bremse AG
  • Emmerson Electric Co.
  • Wilwood Engineering, Inc.
  • Heidts Automotive LLC
  • Veoneer-Nissin Inc
  • IBARA SEIKI CO., LTD.
  • Baer Brakes

The report covers exhaustive analysis on:

  • Automotive Proportioning Valves Market Segments
  • Automotive Proportioning Valves Market Dynamics
  • Automotive Proportioning Valves Market Size
  • Automotive Proportioning Valves Supply & Demand
  • Automotive Proportioning Valves Current Trends/Issues/Challenges
  • Automotive Proportioning Valves Competition & Companies involved
  • Automotive Proportioning Valves Technology
  • Automotive Proportioning Valves Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
Automotive Proportioning Valves Market: Segment

The global Automotive Proportioning Valves market has been segmented by Product type, by vehicle type and by sales channel

On the basis of Product type, the global Automotive Proportioning Valves market has been segmented as:

  • Master Cylinder-Mounted Automotive Proportioning Valves
  • Load Sensing Automotive Proportioning Valves
  • Combination Valve-Mounted Automotive Proportioning Valves

On the basis of vehicle type, the global Automotive Proportioning Valves market has been segmented as:

  • Conventional Vehicles
  • Passenger Car
  • Compact Cars
  • Mid-size cars
  • SUVs
  • Luxury Vehicles
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
  • Electric Vehicles

On the basis of Sales Channel, the global Automotive Proportioning Valves market has been segmented as:

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

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Report Highlights:

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

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Automotive Park Brake Lever (Handbrake) Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2029

Automotive park brake lever or commonly known as automotive handbrake or emergency brake helps in preventing the vehicle to move once it is being parked. Automotive Park Brake Lever (Handbrake) is one of the mandatory component of the vehicle. Automotive Park Brake Lever (Handbrake) can be of two types conventional lever and the electronic parking brake (button type). Conventional automotive park brake lever is well established in the market while electronic automotive park brake lever is a luxury feature which provides more storage space between the front center console of the vehicle. Owing to increasing automotive sales and vehicle fleet, the demand for Automotive Park Brake Lever (Handbrake) is also estimated to witness significant growth in the coming years. This in turn is expected to contribute to the growing market of Automotive Park Brake Lever (Handbrake) across the globe during the forecast period.

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Automotive Park Brake Lever (Handbrake) Market: Dynamics

Sales of Automotive Park Brake Lever (Handbrake) is directly correlated to automotive production and vehicle parc. Growing automotive demand and subsequently increasing automotive sales particularly in the developing countries is estimated to be the key driver for the growth of Automotive Park Brake Lever (Handbrake) Market during the forecast period. Rapidly growing electric vehicle market with expected fall in the manufacturing costs for all classes of electric vehicle is also considered to be one of the major factor propelling the demand for Automotive Park Brake Lever (Handbrake) across the globe.

The ongoing trend gaining momentum in the Automotive Park Brake Lever (Handbrake) market is the increasing traction towards electric parking brake which adds new functionality to the vehicle. The electric parking brake is operated by a switch that electronically applies the braking effort and hold the vehicle stationary.

Automotive Park Brake Lever (Handbrake) Market: Regional Outlook

The market for Automotive Park Brake Lever (Handbrake) is expected to be dominated by the Original Equipment Manufacturer (OEM) sales channel segment owing to lower replacement rate of Automotive Park Brake Lever (Handbrake). Hence the market is expected to be more dependent on the production of automotive. Therefore, countries with significantly higher production rate of automotive will account for dominant share in the global Automotive Park Brake Lever (Handbrake) market during the forecast period. China being the largest producer of vehicles with more than 29 million units of production in 2017, is estimated to dominate the global Automotive Park Brake Lever (Handbrake) market in terms of unit sales during the forecast period. U.S. with more than 11 million automotive production is estimated to be the second largest market for Automotive Park Brake Lever (Handbrake) across the globe. Owing to significantly increasing production, countries such as India, ASEAN, Iran, Netherlands, Russia and Turkey are expected to project relatively higher growth opportunities in the global Automotive Park Brake Lever (Handbrake) market

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Automotive Park Brake Lever (Handbrake) Market: Key Participants

Examples of some of the market participants identified across the value chain of the global Automotive Park Brake Lever (Handbrake) market include:

  • AB SKF
  • Ficosa International S.A
  • Hitachi Automotive Systems, Ltd.
  • Continental AG
  • SKF Group
  • ZF Friedrichshafen AG
  • Aisin Seiki Co., Ltd.

The report covers exhaustive analysis on:

  • Automotive Park Brake Lever (Handbrake) Market Segments
  • Automotive Park Brake Lever (Handbrake) Market Dynamics
  • Automotive Park Brake Lever (Handbrake) Market Size
  • Automotive Park Brake Lever (Handbrake) Supply & Demand
  • Automotive Park Brake Lever (Handbrake) Current Trends/Issues/Challenges
  • Automotive Park Brake Lever (Handbrake) Competition & Companies involved
  • Automotive Park Brake Lever (Handbrake) Technology
  • Automotive Park Brake Lever (Handbrake) Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
Automotive Park Brake Lever (Handbrake) Market: Segment

The global Automotive Park Brake Lever (Handbrake) market has been segmented by lever type, functionality type, by vehicle type and by sales channel

On the basis of lever type, the global Automotive Park Brake Lever (Handbrake) market has been segmented as:

  • Pull-twist Handgrip Lever
  • Pull-press-button Hand-Lever
  • Pull-squeeze Pistol-grip Hand-lever
  • Pull-press-button Hand-lever
  • Push Button

On the basis of Functionality type, the global Automotive Park Brake Lever (Handbrake) market has been segmented as:

  • Conventional Automotive Park Brake Lever
  • Electric Automotive Park Brake Lever

On the basis of vehicle type, the global Automotive Park Brake Lever (Handbrake) market has been segmented as:

  • Conventional Vehicles
  • Passenger Car
  • Compact Cars
  • Mid-size cars
  • SUVs
  • Luxury Vehicles
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
  • Electric Vehicles

On the basis of Sales Channel, the global Automotive Park Brake Lever (Handbrake) market has been segmented as:

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

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Report Highlights:

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

Contact Us:                                                                            

Future Market Insights
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For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Automotive Vacuum Brake Booster Market Research Report 2022 – Global Forecast till 2029

Automotive vacuum brake booster is an automotive braking safety component coupled at intermediary location between the braking master cylinder and the braking pedal. Automotive vacuum brake booster is a diaphragm-type automotive component located on the firewall coat of the automotive engine compartment under the vehicle’s hood, right in the front of the driver’s legs.  Automotive vacuum brake booster component functions as a force multiplier. Automotive vacuum brake booster utilizes engine vacuum in order to multiply the unbalanced force exerted by the car driver upon the braking pedal before sending it further to the braking master cylinder. The master cylinder then provides effective braking and offers comfort to the driver while they apply brakes. The braking force exerted by a driver of a vehicle on the braking pedal is not sufficient to even decelerate the vehicle. Therefore, an automotive vacuum brake booster is required to multiple the braking force initially. The multiplied force exerted by the automotive vacuum brake booster causes effective braking.

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Countries, such as Mexico, Thailand, Indonesia and China, having excessive traffic congestion are estimated to contribute the most to the adoption rate of automotive vacuum brake booster solutions. Continuous braking actuation is required due to the excessive traffic congestion. The force required on the brake pedal to actuate the master cylinder in a vehicle that does not have an integrated automotive vacuum brake booster solution causes extreme fatigue to the driver. Thus, demand for automotive vacuum brake booster solutions is estimated to rise during the forecast period to enable smooth braking actuation in automobiles. Automotive vacuum brake booster solutions decrease the probability of braking system failure and ensure the safety in occasional cases of panic braking. This factor is also estimated to promote the adoption and integration of automotive vacuum brake booster solutions during the forecast period. Heavy automobile manufacturers integrate automotive vacuum brake booster solutions into their vehicles to ensure quick and efficient braking.

Currently, automotive vacuum brake booster solutions for light motor vehicle category hold the largest market share of the global automotive vacuum brake booster market. The sub-segment is estimated to register the highest growth rate in the global automotive vacuum brake booster market during the forecast period.

Automotive Vacuum Brake Booster: Regional Market Outlook

Strong funding sanctioned by automotive vacuum brake booster integrators and initiatives undertaken by governments of developing countries to ensure road safety and enhance automotive standards are estimated to enable the automotive vacuum brake booster market in South Asia to record the highest growth rate during the forecast period. Currently, the automotive vacuum brake booster market in Western Europe holds the largest market share of the global automotive vacuum brake booster market. This dominance may be owed to the constant supply and demand for enhanced automotive systems. Growing integration of technologies ensuring road safety is also estimated to propel the automotive vacuum brake booster market in the Western Europe region. Ever-rising demand for consumer comfort in the automotive industry is projected to boost the growth of the automotive vacuum brake booster market in the North America region during the forecast period. However, automotive design related complexities are expected to restrict the growth of the automotive vacuum brake booster markets in all the regions.

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Automotive Vacuum Brake Booster: Market Key Players

Some of the major participants operating in the global automotive vacuum brake booster market include, AISIN SEIKI Co., Ltd.; Bosch Limited; Continental AG; HELLA GmbH & Co. KGaA; Delphi Technologies; DENSO CORPORATION; Johnson Electric Holdings Limited; SHW AG; Rheinmetall Automotive AG; and WABCO, among other automotive vacuum brake booster vendors.

The Automotive Vacuum Brake Boosters report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges in the Automotive Vacuum Brake Boosters market
  • Competition & Companies involved in the Automotive Vacuum Brake Boosters market
  • Automotive Vacuum Brake Boosters Technology
  • Value Chain of market

Automotive Vacuum Brake Boosters regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
Automotive Vacuum Brake Booster: Market Segmentation

With respect to the vehicle type, the global automotive vacuum brake booster market can be segmented into the following,

  • Passenger Cars
  • Compact Cars
  • Mid-Sized Cars
  • Luxury
  • SUVs
  • Commercial Vehicles
  • LCVs (Light Commercial Vehicles)
  • HCVs (Heavy Commercial Vehicles)

Automotive Vacuum Brake Boosters Report Highlights:

  • Detailed overview of parent market of the Automotive Vacuum Brake Boosters market
  • Changing Automotive Vacuum Brake Boosters 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 in Automotive Vacuum Brake Boosters
  • Automotive Vacuum Brake Boosters market competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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Automotive Sparking Cable Market 2022 | Present Scenario and Growth Prospects 2029

Automotive sparking cable conducts the necessary potential difference to a spark plug integrated into an automobile, with minimum losses. The integrated automotive sparking cable performs this function using an electronic double spark or semi-direct ignition coil, an electronic ignition module, or a mechanical spark distributor and distributor cap. Resistors are used in the automotive sparking cable system, although the primary aim is efficient low loss conduction. The automotive sparking cable system demands optimal low pass interference attenuation to guarantee zero interference in the overall functioning of communications equipment, radios, and control boxes for gearboxes and engines. With the ever-rising advancements in automotive technologies, automotive sparking cable systems demand high dielectric strength, temperature resistance, and mechanical strength. Today, manufacturers are offering automotive sparking cable solutions that provide reliable interference suppression, and good resistance towards acids, petrol, oil and salt water.

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Also, high presence of distributors and manufacturers offering premium as well as economical automotive sparking cable is expected to propel the growth of the global automotive sparking cable market during the forecast period. Growth in the automotive industry, continuous innovation and integration of enhanced automotive technologies is estimated to be the primary factor driving the growth of the global automotive sparking cable market. The reduction in prices of automotive sparking cable, along with the ever-rising demand for automotive electronics, is anticipated to offer attractive incremental opportunities in the global automotive sparking cable market during the forecast period.

However, the development value chain of automotive sparking cable is extremely complex. These complications faced by automotive sparking cable manufacturers are estimated to restrict the growth of the global automotive sparking cable market during the forecast period. Safety related regulations and standards in the automotive sparking cable marketplace demote swift sales and are therefore expected to restrict the growth rate of the global automotive sparking cable market during the forecast period.

Automotive Sparking Cable: Regional Market Outlook

Strong investments made by automotive sparking cable manufacturers and initiatives incorporated by governments and other automotive equipment integrators in order to ensure safety and enhance vehicle standards are estimated to enable the automotive sparking cable market in Asia Pacific to register the highest growth rate among all the regional markets, during the forecast period. Currently, the automotive sparking cable market in Western Europe holds the largest market share of the global automotive sparking cable market. This market dominance may be attributed to the continuous supply and demand for enhanced transportation systems. Growing integration of ecological technologies modules is also anticipated to drive the automotive sparking cable market in Western Europe. Ever-rising electrification in the automobile sector is expected to propel the growth of the North American automotive sparking cable market during the forecast period. However, design related complications are estimated to challenge the growth of the automotive sparking cable markets in all the regions.

Automotive Sparking Cable: Market Key Players

Some of the major participants operating in the global automotive sparking cable market include, NGK SPARK PLUG; ACDelco; Motorcraft; MSD Spark Wires; Holley Performance Products; Taylor Cable Products, Inc.; DENSO; and EDELBROCK, LLC., among other automotive sparking cable vendors.

The Automotive Sparking Cables research report presents a comprehensive assessment of the Automotive Sparking Cables market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Automotive Sparking Cables research report provides analysis and information according to market segments, such as geographies, application, and industry.

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The Automotive Sparking Cables report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges in the Automotive Sparking Cables market
  • Competition & Companies involved in the Automotive Sparking Cables market
  • Automotive Sparking Cables Technology
  • Value Chain of market

Automotive Sparking Cables regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
Automotive Sparking Cable: Market Segmentation

On the basis of automotive design, the global automotive sparking cable market can be segmented into the following,

  • Mechanical Spark Distributor and Distributor Cap
  • Electronic Ignition Module
  • Electronic Double Spark Ignition or Semi-direct Ignition Coil

On the basis of cable type, the global automotive sparking cable market can be segmented into the following,

  • Magnetic Resistance Cables
  • Distributes Resistance Cables
  • Fixed Resistor Cables
  • Other Automotive Sparking Cable Types

On the basis of sales channel, the global automotive sparking cable market can be segmented into the following,

  • OEMs
  • Aftermarket

Automotive Sparking Cables Report Highlights:

  • Detailed overview of parent market of the Automotive Sparking Cables market
  • Changing Automotive Sparking Cables 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 in Automotive Sparking Cables
  • Automotive Sparking Cables market competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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Water Treatment System Market is projected to value around US$ 112 Bn in 2030

As worldwide population is expected to reach around 9.7 billion by 2050, it has become increasingly important to yield more with less resources. As the water treatment market continues to encounter squeezing pressures, particularly due to impacts of severe climate change, governments across the world are focusing on improving resilience and sustainability of water treatment systems.

Technology and innovation are playing a vital role in safety and scarcity, utility operations, water efficiency, monitoring and treatment, and data analytics. Market players are seeing a greater interest by businesses and utilities to test and implement future-proof technologies.

For instance, remote sensing of water that helps with non-revenue water remediation, and water accounting, Internet of Things (IoT) that enables water quality control, and smart irrigation. Coupled with new computing capacity, IoT enables market players to devise complex models for water management.

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Key Takeaways of Water Treatment System Market Study

  • Worldwide adoption of water treatment systemsto surge at 6.7% CAGR over 2020-2030
  • Preliminary treatment systems to procure leading revenue share, tantamount to 40%
  • Application in process water/water treatment to remain prominent through 2030
  • Industrial sector to attract substantial investments from stakeholders
  • East Asia to emerge as epicenter of value-capture opportunities in coming years

COVID-19 Impact on Water Treatment System Market

While frequent hand washing and sanitization has been broadly considered as among the most efficient ways to avoid contagion of COVID-19, the UNICEF/WHO has estimated that 3 billion individuals globally lack the facilities to follow such norms. With the COVID-19 pandemic underlining the connection between clean water and public health, the bar for “clean” has been lifted.

Water treatment systems have been considered reliable and essential aspect of societies and a key contribution to public health during the global pandemic. Utilities’ initial response to the pandemic by optimizing disinfection doses has been the key step in protection and avoidance of both utility workers and the receiving water ecosystem and minimizes the potential contagion of the coronavirus.

Several companies are stepping up existing water treatment facilities in hard-hit areas that possibly contract COVID-19 infection from places including, community clinics, hospitals, and nursing homes.

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“Preserving and reusing wastewater has not been among key priorities for businesses, or individuals. That being said, rising ecological consciousness and increasing regulatory pressure to lower the consumption of natural resources are influencing several industrial businesses to look for innovative ways to use – and reuse – water,” says analyst at FMI.

Water Treatment System Market – Competitive Intelligence

The global water treatment system market is substantially consolidated, with leading players capturing bigger slice of overall market revenue. Manufacturers are highly focused on devising innovative business models to strengthen their market position. They are investing significantly in R&D activities and innovative designs with better capacities. For instance,

  • Arvind Ltd. has rolled out water elements and O & M services, Kaigo, wherein components and spare verticals incorporate technologies and products used in development and maintenance of effective wastewater treatment systems
  • Aquatella has developed 4-stage countertop water filter that wards off almost 99% of all heavy metals, toxic pathogens, chemicals, and pesticides from potable water
  • Pentair plc has taken over US-based water treatment equipment firms – Pelican Water Systems and Aquion – in September 2020

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To Know More About Water Treatment System Market:

A new market research report published by Future Market Insights (FMI) on the global water treatment system market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2020-2030. The report examines the water treatment system market through four different segments – system type, application, end use and region. The water treatment system market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of water treatment systems and product adoption across several end-use industries

Physiotherapy Equipment Market to expand at a CAGR of 7.2% between 2020 & 2030

According to FMI, the global physiotherapy equipment market is set to expand at a CAGR of 7.2% during 2020-2030. Rising geriatric population, combined with heightened levels of physical inactivity among the younger population is inducing several orthopedic and muscular disorders. Over 1 billion people worldwide lead extremely sedentary lifestyles according to the WHO.

The increasing levels of physical inactivity is leading to various problems such as frozen joints, muscle degeneration, sprains and strains have compounded, necessitating the need for physiotherapy. Additionally, rising incidences of road and sports accidents is acting as a catalyst for increasing the number of physiotherapy procedures.

Based on these trends, manufacturers are concentrating on introducing technologically advanced products and introducing them into the market at highly competitive prices. Additionally, specific nature of injuries is prompting them to dole out specific products. Majority of the players are scrambling to acquire a footing across emerging economies.

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Physiotherapy Equipment Market Study- Key Findings

  • Ultrasound physiotherapy equipment shall tower over others, attributed to rising demand for non-invasive surgeries
  • Musculoskeletal devices shall pivot the market in terms of application throughout 2020-2030
  • North American market accounts for over 2/5th of the revenue
  • East & South Asia remain lucrative, jointly capturing nearly 1/4th of the revenue share

“Prevalence of co-morbidities amongst the geriatric population has made physiotherapy a top priority for them, prompting vendors to introduce technologically sophisticated equipment in order to provide the elderly major relief from the pain induced by various physical ailments,” infers the FMI analyst.

COVID-19’s Impact on the Physiotherapy Equipment Market

The COVID-19 pandemic has ushered in an era of major uncertainty. As the global economy hurtles towards a major recession, the physiotherapy equipment market will experience significant shortfalls. As the pandemic intensifies, elective surgical procedures are being postponed, thus reducing demand for physiotherapy equipment in hospitals.

Moreover, residential visits by physiotherapists have reduced in the wake of maintaining social distancing. Since they utilize such equipment during these sessions, the decline in these visits has ushered in sluggishness in demand. On the supply side, unavailability of raw materials has halted production.

A recovery is expected in the initial quarters of 2021, when the infection curves flatten. Many countries such as Australia & New Zealand are already exhibiting decline in infection rates, thus heightening growth prospects and keeping the market afloat.

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Competitive Landscape

The global physiotherapy equipment market is characterized by the presence of several prominent players who are concentrating on introducing new products and acquisitions to carve a firm footing.

In June 2020, DJO Global introduced the DonJoy X-ROM Post-Op Knee Brace, incorporating an improvised user-friendly fastener which is easy to adjust and easy to apply. In 2019, the company launched the first fully sterile surgeon-controlled leg and retractor holder for Anterior Approach Hip Arthroplasty.

In 2017, U.S Physical Therapy Inc. successfully acquired a Houston-based local physical therapy practice at a purchase price of US$ 11.4 million, with the practice’s clinical owners retaining 30% of the stake. The acquisition was announced in 2016.

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More Insights on the Physiotherapy Equipment Market

A recent market study published by FMI on the Physiotherapy Equipment   market includes the global industry analysis of 2015-2019 & opportunity assessment for 2020-2030, and delivers a comprehensive assessment of the most important market dynamics. The report has been segmented on the basis of equipment type, application, end-user and region.

Based on equipment type, the market is segmented into cryotherapy, hydrotherapy, electrotherapy, continuous passive motion units, multi-exercise therapy unit, heat therapy, ultrasound physiotherapy and others. On the basis of application, the segments include neurological, musculoskeletal, cardiovascular & pulmonary and others. In terms of end-user, the market is divided into hospitals, rehabilitation centers and homecare settings. Regionally, the market is divided into North America, Latin America, Europe, Middle East & Africa (MEA), East Asia, South Asia and Oceania