Increasing Demand for Disinfectors to Spur the Infection Prevention Product Sales by 1.5X through 2031: Future Market Insights F

As per a recent analysis conducted by FMI, the global Infection Prevention Market is projected to total US$ 37.4 billion in 2021. In response to the increasing demand for sterilization equipment and protective apparel across hospitals and clinical laboratories, the market is estimated to surpass US$ 56.4 billion, expanding by 1.5X through 2031.

The market registered growth at a CAGR of 3.2% between 2016 and 2020. Growing concerns regarding sterilization and disinfection coupled with increasing focus on high degree infection prevention is driving the market. Driven by this, the infection prevention market is anticipated to expand at 4.2% CAGR during the forecast period 2021-2031.

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Successive outbreaks of several infectious diseases, caused due to the pathogens such as viruses, bacteria, fungi, and other parasites have been reported since the past decade. According to a study by the Centers for Disease Control and Prevention (CDC), infectious diseases were the third most leading cause of death across the U.S., followed by diseases such as parasitic diseases (15.5 million cases), and tuberculosis (9,025 cases) in 2018.

As a result of this, the demand for effective solutions to prevent the infections and provide the measures to reduce the risk of transmission are creating lucrative sales opportunities for the market.

Increasing number of surgical procedures conducted across the world is propelling the demand for sterilization equipment for disinfecting surgical tools. Driven by this, FMI has forecast that disinfectors will emerge as the most adopted infection prevention product, accounting for nearly 30% of the total sales through 2031.

“Implementation of stringent regulations, mandating the use of infection prevention products such as sanitizers, surgical masks, and others across various industries is intended at countering the spread of COVID-19. This will continue accelerating the sales of infection prevention solutions over the assessment period,” says a FMI analyst.

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Key Takeaways from the Infection Prevention Market Analysis

  • In North America, the U.S. is estimated to dominate the market, accounting for more than 95% of the infection prevention products sales by the end of 2021.
  • The U.K. and Germany are expected to collectively account for over 40% of the sales in the Europe market in 2021, owing to the implementation of infection prevention and control programs at the health care facilities.
  • China is projected to emerge as the most remunerative market in East Asia, accounting for nearly 27% of the regional revenue share in 2021.
  • Favored by the improvement in medical care facilities and healthcare services, the market in India is forecast to contribute over 50% of sales in the South Asia market by 2021.
  • Based on end use, the hospitals and clinics segment is anticipated to project the fastest growth, expanding at a CAGR of 3.4% through 2031.

Key Drivers

  • Surging demand for industrial disinfectants and cleaners owing to increasing awareness amongst healthcare service providers across North America and Europe is spurring the sales of infection prevention products.
  • Increasing demand for personal protective products such as surgical gloves and marks due to the outbreak of the novel coronavirus is pushing the protective apparel and textiles segment growth.

Key Restraints

  • Implementation of stringent regulations by regulatory bodies such as the Food and Drug Administration (FDA) on the proper disposal of waste generated by disinfectants production is hampering the market growth.
  • Long term usage of infection prevention products such as chemical agents and disinfectants may lead to chronic health issues such as respiratory irritation, cancer, mutagenic changes, headaches, and breath-shortening, which is, in turn, hindering the market.

Competitive Landscape

Key players in the global infection prevention market are adopting expansion strategies such novel product development, speedy regulatory approvals, clinical trials, acquisition, and partnerships to expand their market share and strengthen their global footprint. For instance,

  • In December 2020, Getinge AB, a global medical technology company based in Sweden, announced launching a Stainless Steel DPTE® Beta Containers. The containers are designed to prevent the spread of infections by efficient loading and unloading into sterile zones.
  • In February 2019, Cantel Medical Corp., innovative infection prevention manufacturers in the U.S. announced acquiring an Italian based company, Omnia S.p.A. to expand its product portfolio with surgical consumable solutions.

Leading players operating in the market profiled by FMI are:

  • Cantel Medical
  • Getinge AB
  • STERIS
  • ASP (Advanced sterilization Products)
  • Sotera Health
  • 3M
  • Ecolab
  • Halyard Worldwide, Inc. (Halyard health)
  • Matachana Group
  • Belimed, Inc.
  • Pal International
  • Reckitt Benckiser Group PLC.
  • Metrex Research, LLC.
  • Terumo Corporation

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More Valuable Insights on Infection Prevention Market

FMI, in its new report, offers an unbiased analysis of the global infection prevention market, analyzing forecast statistics through 2021 and beyond. The survey reveals growth projections on in infection prevention market with detailed segmentation:

By Product:

  • Sterilization Equipment
    • Low Temperature Equipment
      • Ozone Sterilizers
      • Hydrogen Peroxide Sterilizers
      • Formaldehyde Sterilizers
      • Ethylene Oxide Sterilizers
      • Other Low-Temperature
    • Heat Sterilization Equipment
      • Moist Heat Sterilizers
      • Dry Heat Sterilizers
    • Radiation Sterilization Equipment
    • Liquid Sterilization Equipment
  • Disinfectors
    • Washer Disinfectors
    • Endoscope Repressors
    • Flusher Disinfectors
    • Surface Disinfectants
    • Hand Sanitizers
  • Consumables
    • Sterilization Supplies
      • Sterile Containers
      • Sterilization Wrap
      • Sterilization Indicators
  • Protective Apparel & Textiles
    • Surgical Gloves
    • Surgical Drapes
    • Surgical Gowns
    • Surgical Masks
  • Infectious Waste Disposal

By End User:

  • Hospitals & Clinics
  • Pharmaceutical Companies
  • Clinical Laboratories
  • Medical Device Companies
  • Life Sciences Industries
  • Academic and Research Institutes

By Region:

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

Key Questions Covered in the Report

  • The report offers insight into infection prevention market demand outlook for the forecast period 2021-2031
  • The market study also highlights projected sales growth for infection prevention market between 2021 and 2031
  • Infection prevention market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
  • Infection prevention market share analysis, covering key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

Explore FMI’s Extensive Coverage on Healthcare

Eye Infections Treatment Market – Eye infections incidences are expected to rise globally. Emergence of new pathogens, increasing number of post-operative eye infections and poor eye hygiene practices are responsible for increasing eye infections worldwide.

Urinary Tract Infection (UTI) Treatment Market – Urinary tract infection is more common in women compared to men due to their anatomy. Several women experience urinary tract infection more than once in their lifetime. According to certain studies, urinary tract infection affects approximately 150 million people globally. In addition, approximately 11% women visit one physician in a year for urinary tract infection treatment.

Quadriplegia Treatment Market by Treatment Type, Route of Administration, End User & Region – Forecast to 2021 – 2031

According to the latest research by Future Market Insights, quadriplegia treatment market is expected to grow at a CAGR of 4.1% during the forecast period. The demand for quadriplegia treatment will progressively rise, which will provide manufacturers with numerous favorable development opportunities in the near future.

What are the key Drivers of Quadriplegia Treatment Market?

Quadriplegia is caused by spinal cord injury which is caused due to trauma at the base of the neck or skull. Some of the common causes of quadriplegia, otherwise known as tetraplegia are paralysis after any accident, tumors of the spinal cord or other spinal cord diseases. The injury to the spinal cord may cause partial or total limb paralysis.

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According to 2020 data sheet of Spinal Cord Injury Statistics, it was estimated that approximately 17,810 new cases of spinal cord injuries occur every year in the U.S. Some of the reasons for quadriplegia include stroke, vehicular accidents, falls, violence, sports, medical or surgical causes and others.

According to WHO statistics, published in June 2021, 20-50 million people suffer from road traffic accidents every year which lead to non-fatal injuries yet permanent disabilities to them. With the increasing rate of road traffic accidents, the demand for quadriplegia treatment is set to show a positive growth over the forecast period.

Recent technological advancements and various R&D activities in the field of quadriplegia treatment are one of the leading causes which will boost the demand for this market in forthcoming years. There is an increased level of awareness amongst the patients suffering from spinal cord injuries about various treatment options available to improve their quality of life. This is another factor which will propel the demand for various treatments for quadriplegia during the forecast market.

Electrical Stimulation: Revolutionary Technique that Got Quadriplegic People Back on their Feet.

Electrical stimulators which were originally designed to treat chronic pain helped more than a dozen patients with quadriplegia to wiggle their toes, flex their legs or even walk with support.

This was a revolutionary technique which was conducted in the lab of University of Louisville in Kentucky. Electrical stimulation thus made promising and huge gains for people with paralysis wanting to regain their functionalities. The study was published in July 2019, after which thousands of patients have enrolled in the wait lists for the electrical stimulation technique.

U.S. and Canada Quadriplegia Treatment: Regional Outlook

U.S. and Canada region was found to be the largest market for the diagnosis and treatment of spinal cord injury (SCI). Increasing awareness and advanced technologies are the main drivers of this market. Most of the accidents found that alcohol was one of the most important factors; that is, approximately 25% of spinal cord injuries.

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In the United States, the average annual medical cost for treating an acute spinal cord injury has been found to be in the range of $ 15,000 to $ 30,000 per year. All these factors are expected to drive the market growth of quadriplegia treatment market and offer lucrative opportunities for the providers.

Europe Quadriplegia Treatment: Regional Outlook

Europe was observed to be the second largest market, region wise for the quadriplegia treatment industry. Some of the factors contributing to this large market share are the presence of leading research institutes in the region for various neurological disease diagnosis and treatment. Increased awareness regarding various new technologies which help the quadriplegic patients lead a relatively normal life is also another key driver for this industry in Europe.

Who are the key player of Quadriplegia Treatment Market?

Major manufacturers of medications needed to treat quadriplegia are

  • Merck & Co.
  • Sanofi Pharmaceuticals
  • Baxter International
  • Zydus Cadila
  • GlaxoSmithKline
  • AstraZeneca
  • Cipla
  • Johnson & Johnson
  • Bristol Myers Squibb Co.
  • Eli Lily & Co.
  • Teva Pharmaceuticals
  • Takeda Pharmaceutical Co Ltd
  • Hoffmann La Roche
  • Sun Pharmaceuticals.

In November 2020, Pfizer and Mylan announced the merger of Pfizer’s Upjohn generics unit and Mylan. This deal was a part of restructuring drive at Pfizer, which was aimed for stronger foothold in the innovative medicines division of the company.

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.

Quadriplegia Treatment Market Report Highlights:

  • Shifting Industry dynamics.
  • In-depth market segmentation.
  • Historical, current and projected industry size recent industry trends.
  • Key Competition landscape.
  • Strategies for key players and product offerings.
  • Potential and niche segments/regions exhibiting promising growth.
  • A neutral perspective towards market performance.

Note: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Key Segments

By Treatment Type:

  • Corticosteroids
  • Non- Steroidal Anti-inflammatory Drugs (NSAIDs)
  • Antidepressants
    • Selective serotonin reuptake inhibitors (SSRIs)
    • Serotonin and norepinephrine reuptake inhibitors (SNRIs)
  • Anticonvulsants
  • Narcotic Analgesics
  • Antispasmodics & Muscle Relaxants
  • Antibiotics

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By Route of Administration:

  • Oral
  • Intravenous
  • Others

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Stores
  • Online Stores?

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA

Neurology Digital Therapeutics Market is anticipated to witness a 9.0% growth during the forecast period from 2021 to 2031 : FMI

Neurology digital therapeutics is the field of healthcare that deals with and prevents medical conditions using information and communication technology. According to the recent research by FMI, the Neurology Digital Therapeutics Market is anticipated to witness a 9.0% growth during the forecast period from 2021 to 2031. This significant growth will be experienced due to the advancement in technology in the healthcare sector. Therefore, neurology digital therapeutics demand is expected to increase significantly soon.

What is Driving Demand for Neurology Digital Therapeutics?

Various factors are driving the demand for neurology digital therapeutics such as it optimizes the time of administrative tasks and routine communication, it reduces the pain associated with the traditional therapeutic methods, it make the monitoring easier and more accurate.

These technologies can also be used for therapy and rehabilitation purposes with the help of smartphones, tablets and computers.

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Also, neurological digital therapeutics can overcome various problems related to traditional clinical practices. Thus, all these factors have the potential to drive the demand of the market during the forecast period from 2021 to 2031.

Advancement in Information Technology Likely to Augment Neurology Digital Therapeutics

Information technology work in conjugation with the drugs to give maximum benefit of the treatment to the patients. Patients can take care of their health through easy-to-use apps and monitoring devices. Start-ups are introducing different innovative ideas to attract investors.

Also, the prevalence of chronic diseases is rising in the world that creating opportunities for healthcare and digital therapy players to invest in the market by innovating and launching technological advanced devices and enhance the neurological digital therapeutics demand globally.

The treatment of chronic diseases with the traditional method is becoming a challenging thing for healthcare workers and manufacturers due to its increasing burden. Thus, innovative technology or digital therapeutics is required for the treatment of a large number of populations suffering from chronic diseases.

Thus, it is expected to boost the market of neurology digital therapeutics during the forecast period from 2021 to 2031 in the world.

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The U.S. and Canada Neurology Digital Therapeutics Market Outlook

U.S. and Canada remain the predominant market for neurology digital therapeutics because of the presence of key players in the region. For instance, Pear Therapeutics headquartered in the U.S. operates at the intersection of biology and software technology. The company discovers, develops, and delivers clinically certified software to provide better outcomes for patients using neurological digital therapeutics.

Thus, the demand for neurology digital therapeutics will increase in the region during the forecast period from 2021 to 2031.

Europe Demand Outlook for Neurology Digital Therapeutics

The demand for neurology digital therapeutics will be increased in Europe because of a rising number of chronic disease amongst patients with rising geriatric populations in the region.

With increasing age, the chances of developing chronic diseases also increase in the region.

According to EUROSTAT, in 2020, there were 20.6% of people in Europe were more than 65 years of age.

Thus, there will be growth in the neurology digital therapeutics market in the region during the forecast period from 2021 to 2031.

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Who are the Key Manufacturers and Suppliers of Neurology Digital Therapeutics?

The key players of neurology digital therapeutics include

  • Livongo Health
  • Noom
  • Omada Health
  • Pear Therapeutics
  • WellDoc
  • Proteus Digital Health
  • Propeller Health
  • Akili Interactive Labs
  • Mango Health

Canvas Roll Market 2022 Outlook, Current and Future Industry Landscape Analysis 2031

The canvas roll market is set to witness a CAGR of 4.0% during 2021-2031. A rolled canvas is a painting that has not been stretched and must be stretched oneself. In other words it is   piece of canvas or a canvas print that has not been stretched over a timber frame is known as rolled canvas. This makes it less prone to damage and allows it to be rolled for storage or transportation. Before it can be shown, rolled canvas must be stretched.

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What is Driving Demand for Canvas Roll?

People now have access to a wide variety of canvases on which to display their artwork due to current technologies. Canvases are ideal for artists or anyone who want to display their work or scanned photographs on their walls. When we go to an exhibition, we may hear an oil painting described as rolled or stretched. Furthermore, millennials want their rooms and residences to be more opulent by exhibiting their images on the walls, so home decorations/renovations are on the rise.

Trends in Canvas Roll Likely to Augment Sales

Canvas is a densely woven cloth made from cotton or another fibrous substance. Canvas is the most common raw material used in the production of canvas goods. Canvas fiber processing is comparable to that of lighter textiles, but because of the greater yarn count, spinning and weaving equipment are stronger and heavier, and they spin and weave at slower speeds. As a result, the manufacturers are providing high quality material due to rising demand in home décor. For instance, Myoyay brand of canvas roll made of high quality polyester material, 24 in x 98.4 ft 1Roll and Uses standard 2″ Spindles and 100% matte. The surface of the canvas roll has waterproof properties and dries quickly. The excellent material makes our products have excellent stretch resistance.

Impact of Covid- 19 on Canvas Roll Market

The World Health Organization had classified the COVID-19 virus a pandemic (WHO). Museums, art fairs, galleries, and many other art institutions and industry events had been forced to cancel, postpone, or change their 2020 editions or planned programming because to COVID-19 global reach.

Furthermore, the manufacturing and supply chain process were halted due to severe trade restrictions imposed by the government which even resulted in shortage of raw materials, shortage of laborers etc.

US and Canada Canvas Roll Market Outlook

The United States was previously the world’s largest paper producer. The arts are highly valued in the United States. There’s a lot to look forward to in the home renovation industry. Professional contractors can benefit from low borrowing rates, a booming real estate market, and increased demand for home remodels. Certainly, the pandemic had an impact on most businesses in some way, but for many home improvement businesses, 2020 was their best year ever.

Furthermore, because of the work-from-home culture, people are more interested in designing their homes, so demand for canvas roll is expected to rise over the forecast period.

Europe Demand Outlook for Canvas Roll

Owing to enhanced investment on modern interiors by homeowners, as well as increasing urban population, technology advancements, and developing living standard, the market for canvas roll in Europe is expected to grow significantly over the forecast period. In addition, the growing need for new interior designs, rising disposable income, and growing concerns about smart home interior options will all help to drive the canvas roll market in Europe forward.

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Who are the Key Manufacturers and Suppliers of Canvas Roll?

Some of the leading suppliers include

  • Cheap Joe’s Art Stuff Inc.
  • Shanghai Beaux-Arts Co.Ltd
  •  Zhengzhou Inry Industry Co. Ltd.
  • Shanghai Janehong New Material Technology Co.Ltd.
  • Canvas on Rolls
  • Big Duck Canvas
  • Great K2 Industry Co. Ltd.
  • Nasco
  • Phoenix Artist Materials Vietnam Co Ltd
  • US Art Supply
  • Tara Materials Inc.
  • Sparrow Print India
  • Candor Textiles Pvt. Ltd.
  • and among others.

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.

Canvas Roll Market Report Highlights:

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

By Product Type:

  • Cotton Canvas Roll
  • Linen Canvas Roll
  • Polyester Canvas Roll

By Activities:

  • Printing
  • Drawing
  • Water-based painting
  • Home crafts
  • Studio arts

By Price Range:

  • Low ($8.99-$14.39)
  • Medium ($42.49-$54.00)
  • High ($287-$875.99)

By Sales Channel:

  • Wholesalers/Distributors
  • Online Retailers
  • Direct Sales
  • Specialty Stores
  • Other Sales Channel

By Region:

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Japan
  • Middle East and Africa

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Pulmonology Lasers Market Analysis (COVID-19 Analysis) – Industry Insights, Drivers, Top Trends, Global Analysis, Forecast and Opportunities to 2031

According to the latest research by Future Market Insights, the Pulmonology Lasers Market will witness growth during 2021-2031. Any type of cancer is rapidly mutating and presenting a challenge for the researchers to keep up with these mutations and develop effective treatments for them.

Lung cancer being one of the concerning risers. Prevalence of this cancer is increasing day-by-day as per the European Union and the Cancer.org. This will directly affect research and development into lung cancer in finding ways to effectively treat it and hence boosting the market growth with a CAGR of around 12.4%.

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What is Driving Demand for Pulmonology Lasers Market?

Pulmonary Lasers use thermal – ablation technique where cutting and coagulation properties is used to treat complication related to the airway tract. It can act as a palliative as well as curative therapy which relieves the obstructions in the airway caused due to various complications like neoplasms, tumours, lesions, etc.

Most crucial driver of the market is that this laser therapy provides curative effect for lung cancer (early stage) as well as palliative care of central airway obstruction due to a number of malignancies.

Another associated factor is that the growing number of cancer prevalence is making researchers to find treatments competent enough to keep up with this mutating disease.

The ever changing epidemiology of cancer as a disease will definitely boost professionals to keep innovating in order to make detection as early as possible; and possibly boosting this market.

Needle-based Confocal Laser Endomicroscopy (nCLE) – A lung Cancer Detection Tool

It is very challenging to successfully diagnose peripheral lung cancer with traditional bronchoscope because some target lesions can be missed out. So, a BMJ Journal article explored the feasibility of a new microscopic laser needle in order to accurately detect the lesions present in the airway.

This new technique helps in visualising the site in real time to detect these lesions. This 2021 study concluded that, this imaging and laser combo is feasible, safe and allows real-time lung cancer lesion detection. Accurate distinguishing of airway parenchyma from lung cancer lesions was seen with the help of this guidance tool.

U.S. and Canada Pulmonology Lasers Market 

As per Cancer.org, 235,760 new lung cancer cases and 131,880 deaths due to lung cancer are estimated in 2021 in the US. These statistics are definitely an ally to the market growth of pulmonology lasers in the country and will drive the market towards a positive side.

Authorities here are now focusing more on investments in R&D to improve the management and treatment of these lung cancer. This collectively makes US a front runner in the pulmonology lasers market in North America region.

Europe Pulmonology Lasers Market 

According to data published by European Union, 312,000 European people get affected from lung cancer every year. Owing to this, demand for advanced and swift treatment along with early detection for lung cancer is increasing. Furthermore, the rising technological advancement and increasing investment in R&D is expected to drive the market growth during the forecast period.

Who are the Key Manufacturing and Supplying Companies in Pulmonology Lasers Market?

Key players:

  • Quanta System
  • Hyper Photonics
  • Richard Wolf
  • Lumenis
  • Cook Medical
  • Edap Tms
  • Olympus Corporation
  • EMS
  • Cooltouch
  • Convergent Laser Technologies
  • AMS
  • Jena Surgical
  • Solar Laser Systems
  • Potent Medical
  • Candela Medical

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Why Future Market Insights?

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

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

Gastric Bands Market Size 2022 Global Key Findings, Industry Demand, Regional Analysis, Key Players Profiles, Future Prospects and Forecasts to 2031

According to the latest research by Future Market Insights, Gastric Bands Market is set to experience 4.1% growth during the year 2021-2031. The growth of gastric band market is attributed due to growing awareness about obesity treatments globally and advancements in MI proceedings along with there efficacy. Furthermore, a bariatric surgery is done with the usage of laparoscope. This helps in reducing hunger, which further helps in the reduction of the body weight.

What is driving Demand for Gastric Bands Market?

Major factor leading towards the positive growth of the gastric band devices market is the growing prevalence of obesity and diabetes, advanced healthcare structure, growing demand for laparoscopic bariatric surgeries and growing medical tourism in various developing countries. Furthermore, sedentary and changing lifestyle and various technological advancements in medical sector is one of the major factors for the growth of the gastric band devices market.

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Moreover, Various product development and growing number of FDA approvals are attributed to offer lucrative opportunities for gastric band devices market over the forecast period.

High Installation Cost is one of the major factor restraining the Gastric Band devices market

High installation cost and limited reimbursements rules and policies are considered to be one of the major factors pulling down the market growth over the forecast period.

Furthermore, less rate of weight loss as compared to other surgical procedures is hampering the market growth. Moreover, gastric band requires foreign device to remain working in the body, which is considered to be one of the factors hampering the market growth.

U.S. and Canada Gastric Bands Market Outlook

U.S. and Canada are expected to have the highest share and therefore will dominate the Gastric Bands Market. This is due to the increasing demand for the minimal invasive surgery proceedings, growing importance of healthcare sector and huge amount of population suffering from chronic diseases. Therefore, the demand for gastric band is rapidly increasing in this region.

For instance, according to American Society for Metabolic and Bariatric Surgery (ASMBS) nearly 216,000 bariatric surgery took place in U.S. out of which 3.4 % were relate to gastric bands.

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Europe Demand Outlook for Gastric Bands Market

The European market for veterinary home diagnostics is estimated to grow at a considerable rate during the forecast period. This surge in growth is due to the growing expenditure on people spending on reducing obesity and diabetes. along with growing awareness about various treatment options for the purpose of weight management are the major factor driving the regional growth of gastric bands market.

Who are the Key Manufacturers and Suppliers of Veterinary Home Diagnostics?

Some of the key players operating in the

  • Gastric Bands Market are Cousin Biotech
  • Medtronic
  • TransEnterix Surgical
  • Helioscopie Ethicon USA
  • LLC
  • Apollo Endosurgery Inc.
  • Murfreesboro Surgical Specialists
  • PLLC Inc
  • A.M.I. GmbH
  • Bariatric Partners Inc.
  • and Obtech Medical AG

Manufacturers in the market focus on carrying out certain strategic activities such as acquisitions and merger, expansion, product launch, etc.

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.

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Gastric Bands Market Report Highlights:

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

Note: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Key Segment

By Product Type:

  • Adjustable Gastric Bands
  •  Non-Adjustable Gastric Bands

By End Use:

  • Diagnostic Centres
  • Hospitals
  • Clinics
  • Others

By Region:

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

Birth Tissue Products Market (2021 – 2031) | Where Should Participant Focus To Gain Maximum ROI | Exclusive Report By Future Market Insights

According to the latest research by Future Market Insights, the birth tissue products market is ready to take its global graph on the upward direction to reach its high point.

The reason for the growth of the market is the global increase in adaptation of the tissue regeneration method for wound healing and plastic surgeries.

The increase funding in healthcare sector is also a factor for the increase in growth of the birth tissue products market in the forecast period 2021-2031

What is Driving Demand for Birth Tissue Products

The presence of FDA guidelines in regards with the tissue management procedures that maintains integrity of tissue and documentation regarding safety of tissue which enhances the quality of the tissues, this is driving the birth tissue products market growth.

The birth tissues speeds up the recovery for various patient such as wounded military persons and peoples who face difficulties in wound healing process.

The wide application of the birth tissues in the skin burns, skin cancers, ulcers and chronic wounds elevated the growth of the market.

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U.S. and Canada Birth Tissue Products Market Outlook

The North American region (US & Canada) dominates the market share of the birth tissue products in the world.

The increase in prevalence of diabetic ulcers in the region opens the route for the birth tissue products market in the region.

The Rapid development in the healthcare sector and the presence of the top key players in the area which leads to a huge investment in the R&D is another driving factor of the region

The Health awareness programs by government and the American Association of tissue bank regarding the importance of donation of birth tissues gives a better base for the growth.

The fund raising by government in the healthcare sector plays a major role in the growth of the sector.

Demand & Outlook in Europe& Asia for Birth Tissue Products Market.

The European region holds the second position in the birth tissue products market, the increase in the patients of skin cancers in the region leads to the growth of the market in the region.

The healthcare awareness programs which improves the knowledge of people regarding the healing powers of the birth tissues which helps in boosting the market in the region.

Asia pacific region is the fastest growing and developing region in the world which results in the increasing government funding in healthcare sector, research and development sector which defines the growth of the market in the region.

The increase in population in the region plays a major role in increase in demand of the birth tissue market as the number of new born babies increases every year, which significantly gives an great opportunity to set a base for the birth tissue products market in the region

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Who are the Key Manufacturers and Suppliers of Birth Tissue Products Products

According to FMI analysis are

  • Amiox medical
  • biotissue inc
  • AATB
  • U.S. Stem Cell Inc
  • Vericel Corp. (Aastrom Biosciences Inc.)
  • Organogenesis Inc. (Advanced Biohealing)
  • Cerapedics Inc
  • Mesoblast Ltd.
  • Ocata Therapeutics Inc. (Astellas Pharma Inc.)
  • Tissue Recover(Alpha Cord)
  • BTR(Birth Tissue recovery)LLC
  • Tellagen llc
  • Predictive biotech

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.

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Key Segments

By Type of Tissue:

  • Placenta
  • Umbilical cord
  • Amniotic Fluid

By Application:

  • Cardiovascular disorders
  • Oncology
  • Dermatology
  • Musculoskeletal
  • Wound healing
  • Ophthalmology

By End User:

  • Research Laboratories
  • Academic Institutes
  • Pharma and Biotech Companies
  • Hospitals and Diagnostic centers
  • Others

By Region:

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

Mini Cranes Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2031

The growing demand compact cranes in various industries such as steel industry, oil & gas, automotive sector, construction, and others is anticipated to drive the mini crane market. Application in glass glazing activities will create growth opportunities. According to a study by Future Market Insights, the global mini crane market is expected to expand at a CAGR of 6.0% during the forecast period from 2021 to 2031.

Among various types of mini cranes sold, spider cranes will remain highly sought-after. Their application is forecast to increase in various industries due to their compact size and impressive maneuverability. Construction sector is anticipated to remain one of the key end users.  Nearly 65% of mini cranes sold in 2021, will concentrate in this sector.

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Mini cranes are considered ideal solutions for carrying materials during residential construction. It is their specialty to easily access edge of cliffs while navigating through courtyards, which bigger cranes cannot do. Within plants and factories, mini cranes are used for material lifting in places where bigger cranes cannot enter.

global mini cranes market key regions and product type mekko chart, 2021

While demand from various industries will continue rising, maximum users are likely to prefer rented mini cranes than directly owned ones. This is seen as an ideal solution for cost-saving while getting the job done. With expansion of industries forecast to continue, despite hitting a roadblock amid pandemic outbreak, sales of mini cranes are expected to surge in the near future.

Key Takeaways of Global Mini Crane Market Study

  • Mini cranes sales will continue rising, enabling the market to reach a valuation of US$ 408.1 Mn in 2021
  • Government stimulus towards construction activities is presenting growth opportunities in the U.S., which will account for over 68% of sales in North America
  • Recovering industrial activities is favoring sales in the U.K., which will account for over one-fourth sales in Europe
  • Germany and France will emerge as other key markets for sale within Europe
  • Presence of some of the leading companies will seal Japan’s dominance in East Asia

“Companies operating in the market are introducing advanced technologies to keep pace with evolving industries. Implementation of connected technologies is one such example that facilitated remote access and monitor. These developments are anticipated to create lucrative opportunities for growth in the future.” says an FMI Analyst.

Demand from various end-use sectors is projected to boost the mini crane sales. Japan, the U.K., and the U.S. are anticipated to remain some of the most lucrative markets around the world. In the coming years, demand is poised to surge as application in disaster management and electrical material handling increases.

However, owing to the pandemic impact in the year 2020, mini crane market witnessed a significant drop in sales due to disruption in the supply chain and decrease in demand. Nonetheless, with industrial activities recovering, albeit gradually, mini cranes sales will surge in response.

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Application across Diverse Sectors Fuelling Demand 

The increasing demand for mini cranes from several end-use industries, including construction, steel industry, oil & gas, and power generation among others is expected to drive the market. Dozens of businesses rely on mini cranes to perform heavy lifts in small and hard-to-get-to spaces. Their compact dimensions make them easy to function and move. As a result, they can often replace the need for much bigger cranes. Mini crawler cranes are often used in activities such as steel erection, glazing works, curtain wall installation, and others.

Who is Winning?

The global mini crane market has been identified as a consolidated market, with top players occupying majority of the overall share. Some of the key market participants which are included in the report are Manitex Valla S.r.l., Hoeflon International B.V, Skyjack( Linamar), Microcranes, Inc., R&B Engineering, Promax Access, Jekko s.r.l, MAEDA SEISHAKUSHO CO., LTD, BG Lift, Furukawa UNIC Corporation.

Want to Know More?

Future Market Insights has published a market research report on the global mini crane market that contains global industry analysis of 2016–2020 and opportunity assessment for 2021–2031. The report provides in depth analysis of the global mini crane market through different segments, namely by type, by size, application and region. The global mini crane market report also provides supply and demand trends, along with an overview of the parent market.

Mini Cranes Market by category 

By Lifting Capacity

  • Up to 1 ton
  • 1 to 1.8 ton
  • 2 to 2.4 ton
  • 2.5 to 4.9 ton
  • 5 to 10 ton
  • 11 to 22 ton

By Type

  • Spider Crane
  • Crawler Crane
    • Articulated
    • Telescopic
  • Pick and Carry Cranes

By Operation

  • Fuel Operated
  • Battery Operated

By End Use Sector

  • Industrial
    • Foundries
    • Power Plants
    • Others
  • Railway Depots
  • Construction
    • Residential & Commercial
    • Industrial
    • Civic Infrastructure
  • Facility Management
    • Commercial
    • Industrial
  • Marine
  • Timber & Lumber
  • Material Handling & Logistics

By Ownership

  • Direct Owned
  • Rented

By Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • MEA

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Key Questions Answered in the Report

Which is the most lucrative market for mini cranes?

Which country is likely to remain the top producer of mini cranes?

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Caramel Food Colors Market – Future Scenario, Key Insights, Top Companies 2031

As per Future Market insights (FMI), the global market for caramel food colors is anticipated to surpass a valuation of US$ 409 Mn by 2031 in comparison to the valuation of US$ 165.2 Mn registered in 2021. The market has been forecast to exhibit a CAGR of 9.5% over the forecast period 2021-2031.

Growing preference for foods that are not only appealing but also nutritious and healthy are accelerating growth of the caramel food colors market. Also, the increasing inclusion of caramel food colors in soy sauce, seasonings, breads, pet meals and cereals is spurring sales prospects.

Besides these, increasing scope for application in bakery and confectionary products is creating lucrative opportunities for growth. Demand will continue increasing owing to surging consumer spending on specialty and decorative food products.

Among various types, caramel (sulphite ammonia) is gaining traction in the food and beverage industry on account of its stabilizing and coloring properties. FMI has forecast that the segment will account for over 50% of the market share in 2021.

Regionally, North America will emerge as a highly lucrative market. Growth prospects for the U.S. market remain positive driven by increasing demand for chocolates in the country. Caramel food colors are often included in chocolates. Considering this, rising chocolate sales will remain a chief growth driver for the market in the U.S.

Manufacturers are focusing on expanding their premium product lines by incorporating novel flavors and colors such as candy-coated lentil, liquor-flavoured caramels, and caramel-centered products.

“Leading market players are focusing on new product launches to address the evolving needs of consumers across the globe. Besides this, the increasing emphasis on acquisitions and partnerships programs is bolstering growth prospects for the market,” said a FMI analyst.

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Key Takeaways from Caramel Food Colors Market Survey

  • Driven by rising demand for chocolates, the U.S. is estimated to account for 84.7% of North America market in 2021.
  • India market for caramel food colors is projected to reach a valuation of US$ 8.3 Mn in 2021.
  • Backed by increasing usage of caramel food colors in energy drinks, China is likely to grow at a CAGR of 7.4%.
  • Brazil is anticipated to account for over 48.5% of the Latin America market owing to increasing demand for caramel food color in the local beverage industry.
  • Germany is leading the caramel food colors market in Europe and is expected to account for 23.1% of the overall market share in 2021.

Key Drivers

  • Rising application in bakery and confectionary sectors is propelling scope for expansion of the market.
  • Rapid growth witnessed in the convenience food industry is expected to accelerate the sales of caramel food colors.

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Competitive Landscape

Caramel food colors manufacturers are undertaking acquisitions and partnerships to gain a strong foothold in the market.

For instance, in 2018, Roquette announced the completion of acquisition Sethness Products Company, a leading manufacturer of caramel colors for food and beverage applications. This acquisition aligns with Roquette’s growth strategy focused on expanding its portfolio of food, nutrition and health to address the needs of existing as well as new customers.

In 2021, Chr. Hansen Natural Colors, a global leading provider of natural colors announced the acquisition of SECNA Natural Ingredients Group to expand its strong pigment portfolio.

Some of the leading players operating in the caramel food colors market profiled by Fact.MR are:

More Valuable Insights on Market

FMI, in its new report, offers an unbiased analysis of the global caramel food colors market, analyzing forecast statistics through 2021 and beyond. The survey reveals growth projections on in caramel food colors market with detailed segmentation:

By Type:

  • Caramel (Plain)
  • Caramel (Caustic sulphite)
  • Caramel (Ammonia)
  • Caramel (Sulphite ammonia)

By Application:

  • Beverage
    • Milk Drinks & Milk Alternatives
    • Alcoholic Beverages
    • Carbonates (Carbonated Soft Drinks)
    • Sports Drinks
    • Coffee & Cocoa
    • Tea
    • Energy Drink
    • Juice Based Drinks
    • Flavored water
    • Enhanced Water
    • Sparkling Waters
  • Bakery, Snacks, & Cereal
    • Breakfast Cereal
    • Bread
    • Cakes & Pastries
    • Cookies
    • Biscuits & Cones
    • Frosting / Icing
    • Crackers & Savoury Snacks
  • Candy / Confectionery
    • Panned Candy
    • Chocolate & Compound Coating
    • Gummies
    • Chewing Gum
    • Jellies & Licorice
    • Sprinkles & Sugar
    • Hard Candies / Boiled Sweets
  • Dairy
  • Fruit Preparations / Fillings
  • Meat, Poultry, Fish, & Eggs
    • Casings
    • Egg & Egg Substitute
    • Fish / Seafood
    • Jerky
    • Meat Substitute
    • Processed Meat & Poultry
  • Potatoes, Pasta, & Rice
    • Pasta
    • Potato Chips / Crisps
    • Processed Potatoes
    • Rice
  • Sauces, Soups, & Dressings
    • Asian Sauces
    • Barbecue & Steak Sauce
    • Condiments
    • Gravy / Dry Sauce Mix
    • Marinade
    • Oils & Dressings
  • Seasonings
    • Batter
    • Breading and Coating
    • Bouillon / Soup Base / Stock
    • Liquid Smoke
    • Spice Blends / Dry Seasonings
  • Pet Food
    • Extruded / Dry Pet Food
    • o Snacks / Treats
    • Wet Food

By Region:

  • North America
  • Latin America
  • EMEAI
  • APAC

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Key Questions Covered in the Caramel Food Colors Market Report

  • The market survey also highlights projected sales growth for caramel food colors market between 2021 and 2031
  • The report offers insight into caramel food colors demand outlook for forecast period 2021-2031.
  • Caramel food colors market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, collaborations or partnerships, and others
  • Caramel food colors market analysis identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry

Cheese Flavor Market Research Report 2022 – Global Forecast till 2031

The global sales of cheese flavor are expected to witness progressive growth over the forecast period. There is persistent rising demand for cheese flavor mainly due to the rising snacks industry globally which is likely to boost the cheese flavor market in the assessment period.

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Evolution in Food Service Industry to Propel Demand of Cheese Favor

Growing demand for cheese and various cheese flavor such as mozzarella, parmesan, and cheddar has been fueled by the rising consumption of fast foods such as pizza, burgers, pasta, and so on. The fast-food sector is thriving because of the variety of food items it offers in terms of flavor, such as crackers, chips, and other items in cheese flavor, which is boosting the demand for the worldwide cheese flavor market.

The rapid revolution of foodservice industry has further boosted the demand for cheese flavor. The food business is undergoing a transformation. The food & beverage business is seeing more innovation and automation because of the Internet of Things (IoT) technologies, cloud computing, cognitive computing, and virtual reality, which are all helping to bridge the cyber and physical worlds and contributing to expanding the reach of different products worldwide, therefore, supporting the expansion of cheese flavor market.

Flavor Varieties to Augment the Sales of Cheese Flavor Products

One of the emerging categories is flavored cheese, which caters to modern consumer demands for unique flavors such as spice, herbal, and fruit. The cheese taste industry is growing across the globe with developments and inventions delivering novel cheese products to the retail platform, therefore, increasing the sales of cheese flavor products all across the globe.

Europe Demand Outlook for Cheese Flavor Market

During the forecast period 2021-2031, the European cheese flavor market is expected to grow at a rapid pace. Cheese is an important ingredient in the cuisines of many European countries. This is one of the main drivers of the region’s cheese market expansion. Furthermore, the growing demand for snacks in cheese flavor are boosting the cheese flavor market’s growth.

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Cheese flavor Market: Key Players

Some key manufacturers functioning in business in Cheese flavor market includes

  • Novozymes biotechnology company
  • Mother dairy
  • Bega cheese
  • Bel Group
  • Amul
  • Arla Foods
  • Fonterra
  • Savencia sa
  • Lactalis Group
  • Britannia industries
  • Kraft Heinz Company and many others.

Cheese flavor Market 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

Cheese flavor Market: Market Segmentation

Based on Source:

  • Animal Based
  • Plant Based

Based on Application:

  • Snacks Industry
  • Bakery Industry
  • Fast food Industry
  • Others

Based on Distribution Channel:

  • Supermarkets
  • Convenience Stores
  • Online Retail
  • Others

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Based on the Region:

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

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