Americas COVID-19 Testing Market Revenue Totaled US$ 4,508 Mn For 2021

According to Future Market Insights (FMI), the demand for COVID-19 testing is expected to reach a valuation of US$ 4,507.8 Mn in the Americas by the end of 2021. The pandemic is spreading on a global scale at a very high pace. It can cause various health concerns including cardiovascular diseases, kidney failure, and more.

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To overcome the problems related to COVID-19, it is important to diagnose the ailment at an early stage of infection. According to the World Health Organization (WHO), more than 180 million positive cases of COVID-19 were diagnosed till June 2021. The rate of positive cases can be controlled with early diagnosis and treatment.

SARS-CoV-2 antigen rapid test kits are the most common type of test that accounted for value USD 2,903.0 Mn in 2020. It is widely accepted due to convenience, ease and rapid nature in the diagnosis process.

The demand for point of care testing is increasing due to advantages such as lower time requirements, at home services, and cost effectiveness. These factors are going to bolster the demand for point of care testing during the forecast period. For instance, on 28 July 2020, Roche announced the launch of the SARS-CoV-2 Rapid Antibody Test in collaboration with SD Biosensor Inc.

With the launch of vaccines and development of mass vaccination programs by governments, the number of COVID-19 cases is expected to drop by the end of 2021, however, it is expected that testing will continue even as lockdown in many countries will be lifted. Key players are focused on strengthening their mergers and acquisitions with new discoveries of technologies.

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Key Takeaways from COVID-19 Testing Services Market Study

  • SARS-CoV-2 antigen rapid test kits are expected to account for over 67% the Americas COVID-19 testing market share by 2031, owing to higher efficacy in diagnostics.
  • Hospital pharmacies accounted for more than 32% of the market share in 2021. The soaring influx of patients for treatment and intensive care support has driven growth.
  • Canada will reflect relatively steady growth with a 4.8% CAGR, driven by the matured, government funded healthcare system.
  • The U.S. will reflect fast growth at a CAGR around 5.7% through 2021-2031. U.S. holds the lead owing to, high healthcare expenditure, and the presence of leading players.
  • Brazil is the leading country in Latin America, estimated to account for about 54% of the regional share in 2021, supported by easier access to required technologies.

“The shift in focus from testing to vaccination is expected to hamper market growth in the near future. However, the focus on testing for international travel, frequent testing of medical staff and testing for patients with flu like symptoms are expected to continue aiding market growth,” says the Future Market Insight analyst.

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Who is Winning?

The market is set to expand due to frequent mutations in the virus that may lead to further outbreaks. Leading organizations within the market are set to focus on research and development to offer an early and precise diagnosis of the COVID-19, besides offering effective patient care.

Some of the leading players in the Americas COVID-19 testing market include but are not limited to Sky Medical Supplies & Equipment LLC., Sugentech, Inc., Novacyt Group, Aurora Instruments Ltd., PRIMA Lab SA, SD Biosensor, INC., Gold Standard Diagnostics, Eurofins Technologies, Biomerieux SA, and Danaher.

Stereotactic Planning Software Spending Analysis Market will rise at 4.6% CAGR between 2021 and 2031

Stereotactic planning software is an interactive software tool used in stereotactic planning applications of recording chamber placement and electrode trajectories. It combines basic trajectory planning to obtain arc settings with advanced planning capabilities that improve O.R. workflows, localization of functional areas, and deep brain stimulation (DBS). According to the recent Future Market Insights (FMI) report, the global stereotactic planning software spending analysis is estimated to be US$ 252.6 Mn in 2021, with a market CAGR of 4.6% during the forecast period (2021-2031).

The high prevalence of neurological disorders and small cell lung cancer is expected to boost the demand in the stereotactic planning software market. For instance, Parkinson’s disease and other movement disorders are estimated to affect 2.75 million people in the United States. According to DALY’s, in the U.S., stroke accounts for 3.58 Mn people, Alzheimer’s disease for 2.55 Mn, and migraine for 2.4 Mn.

Furthermore, increasing investments in better treatment options involving precision and artificial intelligence in the software provide impetus to the market by increasing the overall adoption rate. Patients are inclined towards safer and better treatment facilities with minimal incision. Stereotactic planning software facilitates surgeons to plan stereotactic surgery efficiently.

However, the unprecedented impact of the ongoing covid-19 pandemic has created a significant impact on the stereotactic planning software market due to a shortage of inpatient footfalls in hospitals and other centers.

Preference now is being given to the treatment of COVID-19 patients, thus halting product launches for stereotactic planning. Also, this has led to the postponement of the enrolment of the new participants is such studies. Now, with the availability and commencement of the COVID-19 vaccination, the research activities expected to resume in the near future.

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Key Takeaways from Stereotactic Planning Software Spending Analysis Market Study

  • Integrated stereotactic planning solutions are expected to grow 2x by 2031 as compared to 2021 owing to ease of use and higher adoption rates.
  • CT scans are projected to capture over 46% of the global market by 2031. This is attributed to inherent accuracy in identifying and localizing intracranial lesions.
  • North America is the largest revenue-generating region for stereotactic planning software, with the U.S. accounting for over 79% of the regional market.
  • The U.K. holds the lead in Europe, accounting for over 37% of the region through the end of 2031.
  • East Asia is poised to grow at the highest CAGR of 5.3% during the forecast period with China accounting for over 62% of the market owing to the large subclinical patient pool of patients.

Growing cases of neurological disorders, small cell lung cancer, and prostate cancer, along with an increase in patient awareness and screening, favorable reimbursement scenarios, approvals, and grants for product development are factors influencing market growth. The implementation of artificial intelligence, the use of visual improvements in real-time are some of the upcoming trends that are expected to create growth opportunities for manufacturers through the assessment period,” says the FMI Analyst

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Who is Winning?

Some of the leading companies operating in the stereotactic planning software spending analysis market are focusing on collaborations and mergers and acquisitions for global expansion options with a focus on emerging economies. Thus, enhancing their market presence. For instance,

  • In March 2021, RaySearch Laboratories AB (publ) announced a sales agent agreement with Canon Medical Systems USA, Inc., enabling RaySearch America’s salesforce to promote Canon Medical’s Aquilion Large Bore CT and Celesteion PET/CT products.
  • In March 2021, Brainlab announced the acquisition of Mint Medical GmbH. The acquisition aims to improve the structured diagnosis, analysis, and treatment of cancer and other diseases to address the demands of modern medicine and personalized treatments.

The key market players covered by FMI include Brainlab, Inc., Renishaw Inc., Inomed Inc., RaySearch Americas, Inc., Mevis Informática Médica, FHC, Inc., Integra LifeSciences Corporation, Elekta Solutions AB, and SurgiFRONT Ltd.

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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Rubber choppers Market to Witness a Healthy Growth by 2030

The market report envelopes an all-in information of the global Rubber choppers market and the nature of the market growth over the foreseeable period. The report provides a comprehensive elaboration of the positives and negatives of the global Rubber choppers market with DROT and Porter’s Five Forces analysis. With SWOT analysis, the report offers detailed insights about different players operating within the Rubber choppers market. In addition, the analysts of the report have served the qualitative and quantitative scrutinizing of different micro- and macro-economic factors influencing the global Rubber choppers market.

Key segments covered in the global Rubber choppers market report by product type include

  • Low rotation speed
  • Medium rotation speed
  • High rotation speed

The Rubber choppers market report examines the consumption patter of each segment and the factors affecting the pattern. In addition, the report focuses on the production footprint of each segment in various industries and regions across the globe.

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By end-use, the global Rubber choppers market consists of the following:

  • End-Use 1
  • End-Use 2
  • End-Use 3
  • End-Use 4

The Rubber choppers market report helps the readers grasp the changing trend in the industry supply chain, manufacturing techniques and expenses, and current scenario of the end uses in the global Rubber choppers market.

Prominent players covered in the global Rubber choppers market contain

  • Bepex
  • Feeco International, Inc.
  • Komarek
  • Goodyear Tire and Rubber Company
  • Hosokawa Micron Corp.
  • Aleha
  • Jingyuan

All the players running in the global Rubber choppers market are elaborated thoroughly in the Rubber choppers market report on the basis of proprietary technologies, distribution channels, industrial penetration, manufacturing processes, and revenue. In addition, the report examines R&D developments, legal policies, and strategies defining the competitiveness of the Rubber choppers market players.

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The Rubber choppers market analyses the following important regions:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, Italy, France, U.K, Spain, Russia)
  • South Asia (India, ASEAN)
  • East Asia (China, Japan, South Korea)
  • Oceania (Australia & New Zealand)
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The Rubber choppers market report answers the following queries:

  1. Why consumers are highly inclined towards the consumption of segment in the Rubber choppers market?
  2. What are the opportunities available for players operating in the global Rubber choppers market?
  3. Which trends have the maximum impact on the growth of the global Rubber choppers market?
  4. Why region leads the global Rubber choppers market?
  5. What are the drivers and restraints affecting the market size of the global Rubber choppers market?

What the report encloses for the readers:

  • Critical insights of each segment, including volume growth outlook, and demand & supply pattern.
  • A to Z of each player – positives & negatives, current status, future developments – of the global Rubber choppers market.
  • Detailed information regarding the trends influencing the growth of the global Rubber choppers market.
  • In-depth assessment on the utilization of Rubber choppers in each end use industry.
  • Historical data and future growth outlook of the global Rubber choppers market.

Why choose Future Market Insights?

  • Digital intelligence solutions to help clients stay at the forefront.
  • Published 6, 000+ reports and recognized by 150+ countries globally.
  • A team of 300+ analysts to deliver real-time information across various industries and companies.
  • Customized business reports to overcome unique market challenges

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About FMI

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

Rotary Knife Cutters Market to Grow at Robust CAGR by 2030

The market report envelopes an all-in information of the global Rotary Knife Cutters market and the nature of the market growth over the foreseeable period. The report provides a comprehensive elaboration of the positives and negatives of the global Rotary Knife Cutters market with DROT and Porter’s Five Forces analysis. With SWOT analysis, the report offers detailed insights about different players operating within the Rotary Knife Cutters market. In addition, the analysts of the report have served the qualitative and quantitative scrutinizing of different micro- and macro-economic factors influencing the global Rotary Knife Cutters market.

Key segments covered in the global Rotary Knife Cutters market report by product type include

  • Swindle rotary knife cutter
  • Flex-wing rotary knife cutter

The Rotary Knife Cutters market report examines the consumption patter of each segment and the factors affecting the pattern. In addition, the report focuses on the production footprint of each segment in various industries and regions across the globe.

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By end-use, the global Rotary Knife Cutters market consists of the following:

  • Agriculture
  • Forestry
  • Furniture

The Rotary Knife Cutters market report helps the readers grasp the changing trend in the industry supply chain, manufacturing techniques and expenses, and current scenario of the end uses in the global Rotary Knife Cutters market.

Prominent players covered in the global Rotary Knife Cutters market contain

  • Munson Machinery
  • AGCO Corporation
  • CNH Industrial
  • Kubota Corporation
  • Woods Equipment Co.Inc.
  • Deere & Company

All the players running in the global Rotary Knife Cutters market are elaborated thoroughly in the Rotary Knife Cutters market report on the basis of proprietary technologies, distribution channels, industrial penetration, manufacturing processes, and revenue. In addition, the report examines R&D developments, legal policies, and strategies defining the competitiveness of the Rotary Knife Cutters market players.

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The Rotary Knife Cutters market analyses the following important regions:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, Italy, France, U.K, Spain, Russia)
  • South Asia (India, ASEAN)
  • East Asia (China, Japan, South Korea)
  • Oceania (Australia & New Zealand)
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The Rotary Knife Cutters market report answers the following queries:

  1. Why consumers are highly inclined towards the consumption of segment in the Rotary Knife Cutters market?
  2. What are the opportunities available for players operating in the global Rotary Knife Cutters market?
  3. Which trends have the maximum impact on the growth of the global Rotary Knife Cutters market?
  4. Why region leads the global Rotary Knife Cutters market?
  5. What are the drivers and restraints affecting the market size of the global Rotary Knife Cutters market?

What the report encloses for the readers:

  • Critical insights of each segment, including volume growth outlook, and demand & supply pattern.
  • A to Z of each player – positives & negatives, current status, future developments – of the global Rotary Knife Cutters market.
  • Detailed information regarding the trends influencing the growth of the global Rotary Knife Cutters market.
  • In-depth assessment on the utilization of Rotary Knife Cutters in each end use industry.
  • Historical data and future growth outlook of the global Rotary Knife Cutters market.

Why choose Future Market Insights?

  • Digital intelligence solutions to help clients stay at the forefront.
  • Published 6, 000+ reports and recognized by 150+ countries globally.
  • A team of 300+ analysts to deliver real-time information across various industries and companies.
  • Customized business reports to overcome unique market challenges

For Complete TOC @ https://www.futuremarketinsights.com/toc/rep-gb-12744 

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.

ENT endoscopy Market Competitive Growth Strategies Based on Type, Applications, End User and Region

ENT endoscope” is a tubular device that is used in a minimally invasive medical diagnostic procedure called “ENT endoscopy” where an organ’s internal surface can be assessed. As per the latest research, the ENT endoscopy market is forecasted to experience exponential growth during 2021-2031. The Global market for ENT endoscopy is expected to grow at a CAGR of a big percentage in the forecast period (2021-2031).

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What is Driving Demand for ENT endoscopy?

Essential drivers of the ENT endoscopy market are diseases like sinusitis and fast advancement in medical technology. In 2020, surgeries like Endoscopic sinus surgery, neurosurgery, skull-based surgery, and sales of other endoscopy devices led to the surpassing of endoscopic market size and giving it a benefit as compared to the previous years. The sales of ENT endoscopy went through a good growth phase, leading to crucial challenges that are to be faced by manufacturers but the market is expected to gain momentum in the forecast period since there are great medical and technological advancements taking place widely.

The high prevalence of Chronic Sinusitis is one of the major drivers of the endoscopy market, lead to the inflow of patients in hospitals and ENT clinics which in turn lead to the increase of production of ENT tools leading to the gross profit of the entire market. It demonstrates that the Endoscopy market can be interdependent on other markets and the profits can go hand in hand.

What is the Repercussion of the Pandemic on the Growth of the ENT Endoscopy Market?

Due to the Covid-19 pandemic, the ENT endoscope market got affected badly as the endoscopic services were under secondary procedures which were to be shut down but the sales of ENT tools were actively done in the Medical and Healthcare sectors during the treatment of COVID-19 positive patients which kept a stable momentum of the market. Yet, an analytics firm “GlobalData” predicts a heavy surge in the ENT endoscopy market sales in 2021 and in the forecast period (2021-2031) after facing a huge number of losses in previous years.

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The US and Canada ENT endoscopy Market Outlook

A good growth rate of the ENT endoscopy market is expected to expand for the US due to an increase in the number of endoscopic procedures performed all around the region, any of the incident and prevalent ENT related disorders like an Ear infection (Otis media), Gastric reflux, dizziness, Dysphagia (difficulty swallowing) and Hearing loss lead to the skyrocketing of the ENT endoscopy market since more and more advancements are being done for the production of the ENT tools.

The Canadian endoscopy market on the other hand is also expected to grow with good and steady growth but comparatively lesser than that of the American market. Endoscopic ear surgery which is a new technique and surgery with fast recovery with lesser post-surgical infections is in high demand due to which these turn out to be the driving factors of the ENT endoscopy market.

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Europe Demand Outlook for ENT endoscopy 

Major drivers of Ent endoscopy market in the European region (Germany, UK, France, Spain, and Italy) prevalence of ENT related disorders like chronic rhinosinusitis, Hearing loss, gastric reflux, and Dysphagia. Germany dominated the European market making the highest gross value when compared with other European companies.

As per a statistical analysis done by World Allergy Organization (WAO), chronic rhinosinusitis’s disease prevalence ranged from 11% in Europe due to which led to an increase in the sales of the ENT endoscopy market which will result in the market’s expansion and is expected to grow even more in the forecast period.

Who are the Key Manufacturers and Suppliers of ENT endoscopy?

Top leading manufacturers and suppliers of ENT endoscopy include

  • Olympus
  • Pentax
  • Fujifilm
  • Karl Storz
  • Arthrex
  • Boston Scientific
  • Conmed
  • Cook Medical
  • Covidien
  • Hoya
  • Johnson
  • Johnson
  • Medtronic
  • Others

Unitech vision, Apollo surgical, Ashbond Engineers Private Limited, and ALT systems are some of the Indian manufacturers who play a crucial role in the Indian ENT endoscopy market.

In March 2018, “ENF-VT3” which is a flexible NBI (Narrow band imaging) based device, which is one the most notable and prominent developments in the ENT market was launched by Olympus Corporation.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Pharmaceutical Caps and Closures Market to rise at 5.7 % CAGR between 2021 and 2031

According to Future Market Insights (FMI), the demand for Pharmaceutical Caps and Closures is expected to rise considerably, enabling the market to surpass US$ 2.27 Bn in valuation by the end of 2021.

Continuous advancements in research and development for drug supplements is a key factor speeding up packaging innovations. Advanced technologies used in packaging primarily focus on ensuring stability of drugs during storage, shipment, and delivery.

In the coming years, the rising cases of chronic disease will support the expansion of the market. The role of smart packaging for medication is increasing to offer greater precision of administered medication, which directly affects patient compliance. This will influence the adoption of cost-effective yet advanced packaging solutions among manufacturers.

The pharmaceutical caps and closures market will therefore register adoption of digital manufacturing. This technology offers high quality caps and closure, with minimal time and cost requirements.

Focus on reducing product damage by user has encouraged inventors to introduce multi-dose delivery caps. The product’s user can remove fluid from the vial by interfacing a needle to the cap. The smart cap ensures that leftover fluid is clean.

In the past few years, environmental awareness among consumers has increased the need for sustainable packaging. In pharmaceutical packaging, the primary concern is product stability.

The demand for reducing the risk of cross contamination of product drives the use of biodegradable material in caps and closures. Also, waste product management is a key concern. Environmentally-friendly material produce lesser waste and are also recyclable.

Despite this, plastics remain the preferred material for manufacturing caps and closures. Plastic use in the market is expected to rise at 6.4% as producers aim for greater flexibility.

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Key Takeaways from Pharmaceutical caps and closures Services Market Study

  • Despite restricted growth amid COVID-19, the demand for pharmaceutical caps and closures is expected to rise at nearly 5% CAGR in 2021.
  • Increasing focus on light weight packaging is driving a transition towards resin-based packaging material.
  • The U.K. and Germany are leading markets in Europe, accounting for more than 26% and 17% of the Europe market respectively in 2021
  • The U.S. will account for a dominant share of 89% in the North America market through the forecast period.
  • China is the largest and fastest growing market in East Asia, exhibiting 8% CAGR through 2031.

“Increasing demand for smart and safe packaging solutions for pharmaceuticals, besides favorable reimbursement policies will offer lucrative growth opportunities for pharmaceutical caps and closure manufacturers through the assessment period in 2031,” says the FMI analyst.

Increase in Funding for Research Activities Offers Growth Opportunities

Leading manufacturers in the pharmaceutical caps and closures market are strengthening their market position through collaboration with various other organizations. Governments in developed and developing countries are actively taking initiatives to encourage research pharmaceutical packaging products.

For instance, Voltaren “No Mess” applicator from GSK Consumer Health was co-developed with Neopac and Nypro Healthcare.

Big drug producers are expected to benefit from the globalization of labor forces, that is, employment of skilled local labor at cheaper rates to derive larger cost savings. Furthermore, this will create room for research and development (R&D) investments.

As per data from EFPIA and PhRMA, annual pharmaceutical (R&D) expenditures increased at 2.5% p.a. in Europe as compared to 3.3% p.a. in the U.S. over the latest measurable period 2016-2020. This will also create opportunities for the expansion of the market.

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Who is winning?

The global market is set to expand due to the rising prevalence of chronic diseases. Leading organizations within the market are set to focus on research and development to offer an early and precise diagnosis of the ailment, besides offering effective patient care.

Some of the leading players in the pharmaceutical caps and closures market include but are not limited to Berry Global Inc., Amcor Plc, Aptar Inc., Closure Systems International Inc., O.Berk Company LLC, Bericap GmbH and Co KG, UNITED CAPS, CL Smith Company, Georg MENSHEN GmbH & Co. KG, WestRock Company, West Pharmaceutical Services Inc., Drug Plastics and Glass Co Inc., Gerresheimer AG, DWK Life Sciences GmbH, Parekhplast India Limited, and Parshva Exim Limited.

Want more insights?

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031. The global pharmaceutical caps and closures 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 the pharmaceutical caps and closures treatment market on basis of the main indication in detail, cover every aspect of the market such as product type, molecule type, application, and service provider across seven major regions.

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.

Contact:
Future Market Insights,
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Plot No: JLT-PH2-X2A,
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United Arab Emirates
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For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/

Heat Shrink Terminations Market Strategies And Insight Driven Transformation 2020-2030

The market report envelopes an all-in information of the global Heat Shrink Terminations market and the nature of the market growth over the foreseeable period. The report provides a comprehensive elaboration of the positives and negatives of the global Heat Shrink Terminations market with DROT and Porter’s Five Forces analysis. With SWOT analysis, the report offers detailed insights about different players operating within the Heat Shrink Terminations market. In addition, the analysts of the report have served the qualitative and quantitative scrutinizing of different micro- and macro-economic factors influencing the global Heat Shrink Terminations market.

Key segments covered in the global Heat Shrink Terminations market report by product type include

  • 1 Core Heat Shrink Termination
  • 3 Core Heat Shrink Terminations
  • 3.5 Core Heat Shrink Terminations

The Heat Shrink Terminations market report examines the consumption patter of each segment and the factors affecting the pattern. In addition, the report focuses on the production footprint of each segment in various industries and regions across the globe.

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By end-use, the global Heat Shrink Terminations market consists of the following:

  • Electronics & Electrical
  • Process Industries
  • Refineries

The Heat Shrink Terminations market report helps the readers grasp the changing trend in the industry supply chain, manufacturing techniques and expenses, and current scenario of the end uses in the global Heat Shrink Terminations market.

Prominent players covered in the global Heat Shrink Terminations market contain

  • TE Connectivity
  • Electric
  • ABB
  • Alpha Wire
  •  Woer
  • 3M Sumitomo
  •  Qualtek
  •  Panduit
  • Zeus
  • HellermannTyton
  • Changchun Heat Shrinkable Materials
  • Dasheng Heat Shrinkable Material
  • Guanghai Materials
  •  Thermosleeve
  • Insultab

All the players running in the global Heat Shrink Terminations market are elaborated thoroughly in the Heat Shrink Terminations market report on the basis of proprietary technologies, distribution channels, industrial penetration, manufacturing processes, and revenue. In addition, the report examines R&D developments, legal policies, and strategies defining the competitiveness of the Heat Shrink Terminations market players.

The Heat Shrink Terminations market analyses the following important regions:

  • 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)

The Heat Shrink Terminations market report answers the following queries:

  1. Why consumers are highly inclined towards the consumption of segment in the Heat Shrink Terminations market?
  2. What are the opportunities available for players operating in the global Heat Shrink Terminations market?
  3. Which trends have the maximum impact on the growth of the global Heat Shrink Terminations market?
  4. Why region leads the global Heat Shrink Terminations market?
  5. What are the drivers and restraints affecting the market size of the global Heat Shrink Terminations market?

What the report encloses for the readers:

  • Critical insights of each segment, including volume growth outlook, and demand & supply pattern.
  • A to Z of each player – positives & negatives, current status, future developments – of the global Heat Shrink Terminations market.
  • Detailed information regarding the trends influencing the growth of the global Heat Shrink Terminations market.
  • In-depth assessment on the utilization of Heat Shrink Terminations in each end use industry.
  • Historical data and future growth outlook of the global Heat Shrink Terminations market.

Why choose Future Market Insights?

  • Digital intelligence solutions to help clients stay at the forefront.
  • Published 6, 000+ reports and recognized by 150+ countries globally.
  • A team of 300+ analysts to deliver real-time information across various industries and companies.
  • Customized business reports to overcome unique market challenges

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About FMI

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

Automotive Driveshaft Couplings Market To Register Impressive Growth| Comparative Analysis By Top Key Players

Future Market Insights (FMI) analysis on the Automotive Driveshaft Couplings market offers insights into factors affecting growth in the market through 2030. The survey uncovers information growth opportunities and trends propelling sales of Automotive Driveshaft Couplings in key segments such as (coupling type), (vehicle type), (material type) and (sales channel). It also highlights the strategies acquired by the leading market players in the landscape.

According to the latest market analysis by FMI, the global Automotive Driveshaft Couplings market will surge at a steady rate over the forecast period 2021 to 2030. The objective of the report is to unmask the growth drivers, restrains, key trends, threats, and growth opportunities shaping the future of the market. The analysis aims at assisting businesses to capitalize on the upcoming opportunities and preparing for unforeseen challenges.

To offer an in-depth overview, the report provides sales projections for over 20 countries. It also identifies segments exhibiting maximum growth potential based on (coupling type), (vehicle type), (material type) and (sales channel).

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Integration of Wireless Communication Creating Lucrative Growth Prospects for Automotive Driveshaft Couplings Market

The introduction of vehicle-to-vehicle communication is aiding in curtailing traffic and preventing accidents on roads. Integration of advanced technologies such as artificial intelligence also will create scope for expansion of the Automotive Driveshaft Couplings market. Government initiatives encouraging technological advancements in the automotive sector will create opportunities for growth in the coming years.

As per the study, surging vehicle production will place both India and China as lucrative markets. Besides this the presence of some of the leading automakers will drive sales in the U.S., U.K., and Germany.

Key Automotive Driveshaft Couplings Survey Highlights and Projections

  • Drive by robust automobile demand in the country, China is likely to emerge as one of the most lucrative markets in East Asia, accounting for over high share in the global market.
  • Demand in South Korea and Japan will surge at an impressive pace as automotive production recovers pre-pandemic growth status.
  • (coupling type) will continue to dominate in terms of (vehicle type) through 2030.
  • Based on the (material type), (sales channel) is leading the global market.

Report Benefits & Key Questions Answered

  • Automotive Driveshaft Couplings Historical Volume Analysis: The detailed analysis by FMI underscores fundamental driver, restrain, and opportunities that impacted the growth of the market over the last forecast period. It offers modification in market growth due to aforementioned dynamics and project sales performance of Automotive Driveshaft Couplings for the forthcoming forecast period 2021-2030.
  • Automotive Driveshaft Couplings Sales Outlook: A thorough study administered by FMI analyses key micro and marco-economic indicator and provides insights on their impact on the sales of Automotive Driveshaft Couplings during the assessment period.
  • Automotive Driveshaft Couplings Company & Brand Share Analysis: The company and brand share analysis by FMI reveals the list of leading companies in the Automotive Driveshaft Couplings market and segregate these companies in Tier 1, Tier 2, and Tier 3. The study also forecast the percentage of market share captured by these players between 2021 and 2030.
  • Automotive Driveshaft Couplings Category and segment level analysis: FMI offers detailed analysis of the factors influencing the sales prospect across key segments. Automotive Driveshaft Couplings category analysis provides deep insights into customer experiences, emerging trends, and growth drivers. The vital information highlighted in this section will enable market players to make timely business decision to gain competitive advantage.
  • Automotive Driveshaft Couplings Market Trend Analysis: The analysis on the market trend discovers current and upcoming trends in the automotive industry and studies the impact of these trend on the demand and sales of Automotive Driveshaft Couplings during the coming decade.
  • Automotive Driveshaft Couplings Market Structure Analysis: The study on market structure analysis provides in-depth data about market concentration, level of competition, and tier analysis of the key players in the Automotive Driveshaft Couplings market along with their insights on their global footprint based on region, country, segment, and product portfolio.

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Competitive Landscape Analysis

The competitive landscape analysis for Automotive Driveshaft Couplings market includes comprehensive profiles of Tier 1, Tier 2, and Tier 3 players. The respective market share of leading Automotive Driveshaft Couplings manufacturers is also provided to aid the business leaders understand the market scenario.

The report also provides credible insights into the winning strategies adopted by the key Automotive Driveshaft Couplings manufacturers, with recommendation on what works well in Automotive Driveshaft Couplings landscape. The full report profiles all the key market participants such as

  • Dana Limited
  • BorgWarner Inc.
  • Nexteer Automotive
  • Suddeutsche Gelenkscheibenfabrik GmbH & Co. Kgis
  • CO.R.A. S.r.l.
  • Superior Driveline

Automotive Driveshaft Couplings Demand Analysis by Category

coupling type:

  • Mechanical Element Flexible Shaft Coupling
  • Elastomeric Element Coupling
  • Metallic Membrane/Disc Type Coupling

vehicle type :

  • Passenger Car
  • Commercial Vehicle

material type:

  • Cast Iron
  • Elastomeric Material
  • Composites
  • Others

Sales Channel:

  • OEM
  • Aftermarket

Region

  • 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)

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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.

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/

Urinary Bag Market is predicted to expand at a CAGR of 4.4% over the forecast period (2021–2031).

According to a revised report published by Future Market Insight (FMI), the global urinary bag market was valued at US$ 1.74 Bn in 2021, and is predicted to expand at a CAGR of 4.4% over the forecast period (2021–2031).

Urinary bags are primarily used to help in the collection of urine from the bladder, which is attached to the other end of a catheter. These are used by patients suffering from urinary incontinence, retention issues, or spinal cord injuries that made a urinary catheter necessary. Urinary bags are available in leg bag, belly bag, large capacity bag, and drainage bag variants.

Leg bags are small sized products designed to be worn under clothes. It is designed for active people with urinary incontinence problems. The product is worn around the waist. Availability in various designs to suit specific requirement of patients has been creating growth opportunities for the market.

Consolidation activities such as collaborations, partnerships, patent transfers, and increasing research and development activities, are distinctive trends influencing competition in the urinary bags market. The growing prevalence of urinary incontinence and gynaecology surgeries is a major factor leading to an increase in the demand for urinary bags, globally.

Key Takeaways from Urinary Bag Market Study

  • Drainage bags are expected to hold dominance with a market share of more than 49% in 2021. Rising applications in hospitals among geriatrics and post-surgery patients will aid expansion of sales within this category.
  • Urinary bags with a 1000 ml capacity are expected to account for 33% the global market share by 2031.
  • Hospitals are expected to account for 38% of the market share in 2031 which can be broadly attributed to the higher footfall of patients they register on a daily basis.
  • The U.S. has emerged as a leading market, accounting for over 90% of sales registered in North America.
  • Germany is a leading market for urinary bags and is forecast to account for over 33% of sales in Europe in 2021.
  • The market in Japan is projected to emerge dominant East Asia, driven by the presence of a mature healthcare sector and easier access to new technologies.

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“The global urinary bags market is expected to witness significant growth in the near future driven by expanding global geriatric population, healthcare investments, and a focus on customized products to meet individual patient needs. Market players are therefore likelier to focus on research initiatives to offer advanced technologies for better comfort and lowering the risk of infection” says an analyst of Future Market Insights.

Government Initiatives Towards Urinary Bag Usage

Integration of advanced features and technology that aid in patient care has strengthened support and services to patients. The COVID-19 crisis drastically increased the demand for urinary bags owing to the massive impact of the disease on the global healthcare system.

This has generated massive growth potential for the urinary bag market for treatments and patient-care. Governmental support for ongoing clinical research and the usage of urinary bags in hospitalization processes, have created a conductive environment for market players.

Who is Winning?

Leading players in the moderately fragmented urinary bags market are focused on investments into research and development for product development objectives. In addition to portfolio expansion, manufacturers are also seeking to consolidate their position with strategic geographical expansion endeavours.

Some of the leading players in the urinary bags market include but are not limited to

  • R. Bard Inc.
  • Medline Industries, Inc.
  • Cardinal Health, Inc.
  • Hollister Incorporated
  • Teleflex Incorporated
  • Cook Medical
  • Moore Medical Llc.
  • Mckesson Medical-Surgical Inc.
  • Arcus Medical Llc.
  • Urocare
  • Covidien
  • Coloplast A/S
  • Braun
  • Romsons
  • Poly Medicure Limited
  • Surgiwear Ltd.
  • Kiefel Medical
  • Jolfamar
  • UROMED
  • Wujiang Evergreen Ex/Im Co. Ltd.
  • Leboo Healthcare Products Limited

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the urinary bag market in its latest study, presenting historical demand assessment of 2016 – 2021 and projections for 2021 – 2031. The research study is based on product type (Leg Bag, Belly Bags, Large Capacity Bags, Drainage Bags), capacity (Less than 500 ml, 500 ml, 1000 ml, 2000 ml, 4000 ml), usage (Reusable Urinary Bags, Disposable Urinary Bags), patient age (Paediatric, Adult) and end users (Hospitals, Clinics, Ambulatory Surgical Centers, Long Term Care Centers, Home Care Settings) across seven key regions of the world.

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Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusions and Exclusions

  1. Key Market Trends

3.1. Key Market Trends

3.2. Recent Products Launched, By Region

  1. Market Background

4.1. Macro-Economic Factors

4.1.1. Global GDP Growth Outlook

4.1.2. Global Healthcare Expenditure Outlook

4.2. Forecast Factors – Relevance & Impact

4.2.1. Top Companies Historical Growth

4.2.2. Product Adoption Rate and Demand

4.2.3. New Product Launches

4.2.4. Increase in urological and gynaecological surgeries

4.2.5. Rise in urinary bladder cancers

4.2.6. Increase in Urology related chronic diseases

4.2.7. Increase in geriatric population

4.3. Market Dynamics

4.3.1. Drivers

4.3.2. Restraints

4.3.3. Opportunity Analysis

  1. COVID19 Crisis Impact Analysis

5.1. Current COVID19 Statistics and Probable Future Impact

5.2. Current GDP Projection and Probable Impact

5.3. Current Economic Projection as compared to 2008 Economic analysis

5.4. COVID19 and Impact Analysis

5.4.1. Revenue By Product Type

5.4.2. Revenue By Region

5.5. 2020 Market Scenario

5.6. Recovery Scenario – Short term, Midterm and Long Term Impact

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.

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/

Terminal sterilization Market Competitive Growth Strategies Based on Type, Applications, End User and Region

According to the latest research by Future Market Insights, the terminal sterilization market is set to witness steady growth during 2021-2031. Significant Demand for terminal sterilization due to pandemic situation, with optimistic growth outlook in the long-run. Rising demand from the medical device industry will increase the opportunities in near future, however, the service of terminal sterilization in the pharmaceutical sector will provide momentum.

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What is Driving Demand for Terminal sterilization?

Growing demand for terminal sterilization for drug products amongst end-user continues to drive demand for terminal sterilization. Moreover, the launch of innovative product and technological advancements in the sterilization process will fuel the growth of the terminal sterilization market.

Terminal sterilization market has to gain attention over the past few years due to rising awareness about diseases and infection caused due to non-sterile environment. Besides, growing investment in healthcare infrastructure, research and focused on public health adaption of terminal sterilization is increasing significantly.

Furthermore, the rising prevalence of infectious disease, cancer, diabetes, autoimmune diseases anticipated accelerating the demand of for terminal sterilization services. This is especially true with increasing incidence of contagious disease such as bacterial and viral infections will increasing the demand for terminal sterilization.

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COVID-19 pandemic Likely to Augment Demand of Terminal sterilization services 

Demand for terminal sterilization services increases around the globe due to COVID-19-pandemic. COVID-19 pandemic is expected to rise the demand for terminal sterilization services to overcome disease spread. For example, in 2020 April, the U.S. Food and Drug Administration approved the use of maX low-temperature sterilization systems, maX2, and Steris V-PRO 1 Plus for sterilization of equipment’s, respirators and other masks used in the treatment of COVID-19 patients in hospitals.

Furthermore, the healthcare facilities repeatedly require disinfection, sterilization, and cleaning process to decrease hospital-acquired infections. These factors will accelerate the demand for terminal sterilization services during the forecast period.

U.S. and Canada Terminal sterilization Market Outlook

The U.S. remains one of the largest markets for terminal sterilization globally. FMI has projected the U.S. will hold significant markets share throughout the course of the forecast period. Key pharmaceutical companies have announced their intentions to invest in manufacturing facilities in the U.S. for instance, in 2018, Eli Lilly invested US$ 72.0 million for an insulin manufacturing project. Hence, demand for the terminal sterilization market will boost during the assessment period 2021-2031.

Demand for terminal sterilization in the U.S. and Canada will be increase due to the increasing number of surgeries and high prevalence of hospital-acquired infections. For instance, Commercial aerospace will account for low demand for terminal sterilization till 2024, according to Healthcare Information and Management Systems Society, in the U.S. every day, 1 out of 25 patients are infected by hospital-acquired infection. In addition, U.S. and Canada have a well- precise regulation for terminal sterilization are some other factors fueling the market growth in the country.

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Europe Demand Outlook for Terminal sterilization

Terminal sterilization market has gained traction in European countries in recent years due to the adaption of the aseptic environment in healthcare facilities. Moreover, extended use of the sterilized products for storing and packaging pharmaceutical and food supplies will boost the demand for Terminal sterilization services in the European market. Furthermore, some prominent players in Terminal sterilization services are present in European countries which creates significant revenue growth.

Who are the Key Manufacturers and Suppliers of Terminal sterilization?

Some of the leading manufacturers and suppliers of terminal sterilization include

  • Johnson And Johnson
  • DuPont
  • Steris Plc
  • Getinge Group
  • Advanced Sterilization Products Services, Inc
  • 3M
  • Belimed
  • Cantel Medical
  • Matachana Group
  • Sterigenics International LLC
  • Olympus Corp
  • TSO3
  • Celitron
  • MMM Group
  • Fedegari Group.

Many leading manufacturers and service providers have a strategic acquisition to for strengthening their position in the terminal sterilization market. For instance, in August 2020, Sharp, part of UDG Healthcare plc, a global leader in contract packaging and clinical supply services, has purchased a minority ownership in Berkshire Sterile Manufacturing (BSM). Terminal sterilization is mostly used for pharmaceutical and medical device sterilization.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.