Diagnostic Imaging Services Market 2021 Key Players, SWOT Analysis, Key Indicators and Forecast to 2026

Diagnostic imaging is a process of imaging human body with the help of various imaging services. These services includes several technologies, techniques, and equipment’s to monitor, diagnose, screen, and treat medical conditions for effective medical intervention. Diagnostic imaging has improved the ability of doctors to treat, diagnose, and detect an injury or disease precisely at an initial stage. In addition, diagnostic imaging services are used to provide information associated with a specific area of the body to be treated or studied. Various advancements in imaging techniques in the field of modern medicine have facilitated the acquisition of information related to the human body for clinical interventions. In addition, advancement in imaging provides physicians with new tools to improve care in innovative ways. Increasing prevalence of chronic diseases across globe and growing demand for its diagnosis has encouraged diagnostic imaging companies to develop new and improve the existing services.

Diagnostic Imaging Services Market: Drivers and Restraints

Increasing geriatric population and prevalence of chronic diseases, rising awareness for early diagnosis of diseases, technological advancement, widening application of diagnostic imaging devices, and increasing funding from government bodies are the factors to fuelling growth of diagnostic imaging services market. However, increased risk of cancer owing to exposure to radiation, high cost of diagnostic procedures, and shortage of helium for magnetic resonance imaging systems are major concerns for the global diagnostic imaging services market.

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Diagnostic Imaging Services Market: Market Overview

Research study conducted by WHO indicates that diagnostic imaging, especially, X-ray based examinations is crucial in variety of medical settings. Thus, X-ray segment of the global diagnostic imaging market is expected to have highest market share over the forecasted period. Medical and clinical assessment can be done prior to prescribing the treatment, but diagnostic imaging services supports confirmation and correct assessment of disease in calculating responses to particular treatment. Effective and qualitative diagnostic imaging is important for making medical decisions. Thus, improved health care policy and increasing demand for global diagnostic imaging procedures will drive the global diagnostic imaging services market with significant CAGR over the forecasted period.

Diagnostic Imaging Services Market: Region-wise Outlook

Geographically, the global diagnostic imaging services market is classified into seven key regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific Excluding Japan (APEJ), Japan, and Middle East & Africa (MEA). In the geographical perspective, North America is leading market for global diagnostic imaging services owing to rising prevalence of chronic diseases and injuries, and increase in geriatric population in the region. In addition, APEJ is expected to show high growth rate in global diagnostic imaging services market owing to increasing familiarity among patients about several diagnostic procedures. The key driving forces fuelling growth of diagnostic imaging services market in developing countries like India and China are the large pool of patients, increasing awareness about the disease, improving healthcare infrastructure and rising government funding in the countries.

Diagnostic Imaging Services Market: Key Players

Key companies operational in global diagnostic imaging services market include Siemens Healthcare GmbH, Hitachi, Ltd., Carestream Health, TOSHIBA CORPORATION, Koninklijke Philips N.V., GE Healthcare, Hitachi Medical Corporation, Shimadzu Corporation, Fujifilm Corporation, Esaote SpA, Hologic, Inc. among others.

The report covers exhaustive analysis on:

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

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX)
  • Eastern Europe (Russia, Rest Of Eastern Europe)
  • Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa, Rest Of MEA)

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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.

Diagnostic Imaging Services Market: Segmentation

The global diagnostic imaging market is segmented based on type of diagnostic imaging and its end use.

Based on diagnostic imaging, the global diagnostic imaging market is segmented into the following:

  • X-Ray
  • Planer
  • Computed Tomography (CT)
  • Magnetic Resonance Imaging (MRI)
  • Ultrasound
  • Radionuclide
  • Single-Photon Emission Computed Tomography (SPECT)
  • Position Emission Tomography (PET)

Based on end use, the global diagnostic imaging market is segmented into the following:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Diagnostic Imaging Laboratories

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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

Nerve Monitoring Devices Market 2021 | Present Scenario and Growth Prospects 2025

Nerve Monitoring allows supervision of nervous system for intraoperative surgeries. Nerve monitoring is an essential part of the surgery also known as intraoperative neurophysiological monitoring (IONM) or intraoperative neuromonitoring which implements electrophysiological methods like electroencephalography (EEG), electromyography (EMG), and evoked potentials to monitor the functional integrity of certain neural structures. Nerve monitoring devices are used to monitor the neurological functioning. Neurophysiologist keeps a track of the nerve functioning and work as an integral part of the surgical team nowadays to avoid situation like irreversible nerve damage during surgical procedures. Surgical neurophysiology monitoring offers wide range of testing modality. Some of them are mentioned below:

SSEP (Somatosensory Evoked Potentials)

TCeMEP ( Transcranial Electrical Motor Evoked Potentials)

BSEP (Brainstem Auditory Evoked Potentials)

EMG (electromyography)

Pedicle Screw Stimulation

EEG (Electroencephalogram)

ECOG (Electrocorticography)

Direct Cortical Stimulation

TCD (Transcranial Doppler)

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Nerve Monitoring Devices Market: Drivers & Restraints

Nerve monitoring market is growing due to continuous advancement in medical technology both for the diagnosis and the treatment of neurological disorders have raised the demand of Nerve Monitoring devices. Rise in the ageing population leading to increase in the number of surgical procedures being performed at the global level and increase in the incidence of neurological disorders are some major factors driving the growth of Nerve Monitoring devices market. More awareness amongst the surgeons is helping the market to dwell in developed countries however the market of developed countries are more or less saturated and have a limited growth opportunity as compared to developing countries especially Asia Pacific countries where due to large population the market growth can be significant in the upcoming years. Lack of skilled professionals in the developing countries and poor or unstable reimbursement regulations are hampering the growth of Nerve monitoring devices in developing countries.

Nerve Monitoring Devices Market: Overview

Nerve monitoring has become an integral part in surgical procedures like spine, brain, vascular and orthopedic surgeries. Nerve monitoring is essential due to increasing incidence of neurological disorders. Nerve monitoring devices market is well established in the developed countries, however some developing countries, where healthcare sector is not much developed are still using alternatives to nerve monitoring. Majorly this market is driven by after sales service contracts. The software used in Nerve Monitoring devices can be outsourced to the developing countries to offer low cost solutions and help in the development of these high end equipment.

Nerve Monitoring Devices Market: Region-wise Outlook

Depending on geographic regions, global Nerve Monitoring market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. North America is the leading region in Nerve Monitoring Devices market due to the high volumes of surgical procedures being performed. Also, the availability of established healthcare infrastructure, high contribution of healthcare to economy, patient compliance are the reasons for the high demand in North America. Europe has the second largest Nerve Monitoring Devices market due to vast technological advancement in terms of healthcare sector. Asia Pacific market is expected to grow at a good rate as compared to NA and Europe as there is ample market opportunity in countries like India and China. Nerve Monitoring Devices market in NA and Europe are almost saturated.

Nerve Monitoring Devices Market: Key Players

Some of the key market players in global Nerve Monitoring Devices market are Medtronic, NuVasive, Inc.,  Magtism, Inomed, NIHON KOHDEN CORPORATION, EMS Biomedical, NeuroSign, Dr. Langer Medical GmbH, Natus Medical Incorporated, Deymed Diagnostic to name a few.

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

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The report covers exhaustive analysis on:

Market Segments

Market Dynamics

Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies involved

Technology

Value Chain

Regional analysis includes

North America (U.S., Canada)

Latin America (Mexico. Brazil)

Western Europe (Germany, Italy, France, U.K, Spain, Rest of Western Europe)

Eastern Europe (Russia)

Asia Pacific (China, India, ASEAN, Australia & New Zealand)

Japan

Middle East and Africa (GCC, S. Africa)

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.

Nerve Monitoring Devices Market: Segmentation

Nerve Monitoring Devices market is classified on the basis of product type, modality and geography.

Based on product type, the global Nerve Monitoring market is segmented into the following:

Monitors

Cables, Lead wires, Adapters

Electrodes

Reusable Surface Electrodes

Disposable Surface Electrodes

Based on modality, the global Nerve Monitoring market is segmented into the following:

Electroencephalography (EEG)

Electromyography/nerve conduction studies/evoked potential (EMG/NCS/EP)

Magnetoencephalography (MEG)

For critical insights, request for PDF Brochure: https://www.futuremarketinsights.com/reports/brochure/rep-gb-958

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

Virology Market 2021 Development Status, Competition Analysis, Type and Application 2025

Virology, the study of viruses, is an unparalleled branch of life sciences. With immensely high prevalence of diseases such as flu, hepatitis, AIDS, and STDs, the importance of virology is repeatedly highlighted. The global virology market is expected to grow over 2015-2025.

FMI’s research identifies growing infectious diseases as a key force driving the market throughout the forecast period.

Key Drivers: Virology Market

Early in 2016, the WHO officially issued a warning about the possible spread of zika virus to each Western Hemispheric region, as the disease vector Aedes aegypti was found to thrive strong in tropical and sub-tropical climatic conditions. This has been a key driver of market growth throughout 2016.

The virology market is constantly catering to the prevention and cure needs put forth by the healthcare sector; however, several diseases continue to demand R&D of novel applications, driving the growth of virology market. Various treatments and diagnostic processes also employ virology applications, further fuelling the market growth.

Burgeoning applications of virology research in gene therapy, phage therapy, formulation of vaccines, and synthetic biology is another factor fostering the overall growth of the virology market.

Moreover, the field of virology is extending in various forms, including molecular virology, paediatric virology, computational virology, and many more, prompting at increasing research findings throughout the forecast period. Research prospects are high and FMI indicates a continuing need for trained virologists in the near future.

Public awareness programmes conducted worldwide on flu, zika virus, STDs, AIDS, and Ebola virus are also a key factor increasing public awareness and eventually influencing the market.

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Key Restraints to Market Growth

Maintaining the quality and safety standards of viral a controlling therapy has been a longstanding challenge, which is anticipated to hamper the market in the forecast period as well. Moreover, stringent approval processes for antiviral drugs is also foreseen to be a restraint to market growth. Another factor identified for affecting the market growth includes resistance toward and side effects of antiviral drugs for new treatment options.

Current Trends in the Virology Field

In 2015, the virology industry was predominantly influenced by ebola, MERS, and hepatitis C viruses. In 2016, zika virus is dominating the research, with better prospects in the near future. Virologists are persistently investigating novel applications for viruses. Currently, an ongoing research is experimenting on the exploitation of viruses for plant production, aiming at the efficient production of high quality, eco-friendly food.

Global Virology Market: Competitive Landscape

By 2017 end, a few important patents are approaching expiry, including Tamiflu, Sustiva, Tenofovir, Combivir, Relenza, and Telbivudine. Following expiry of these blockbuster drugs, the market is estimated to discover a dynamic competitive landscape. The generic competition in the virology market will be at a high pace 2017 onward.

Apart from expiring drugs, the market also has some late stage pipeline drugs, including Inavir, Elvitegravir, Vicriviroc, Rilpivirine, and Rapiacta. These drugs are set to enter the global market, fostering the competition globally.

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Regional Outlook: Global Virology Market

North America is the largest virology market led by the U.S., owing to technological advancements such as rapid, portable diagnostics. N. America is expected to retain the top market position over the forecast period as well.

Europe is projected to maintain the position as the second largest market globally. During the forecast period, Europe is anticipated to record the highest CAGR, attributed by enhanced healthcare infrastructure, facilitated access to diagnostics, and growing affordability of diagnostic tests for viral diseases.

Japan is currently a growing virology market, which is estimated to grow at a remarkable CAGR through to 2025. However, APEJ and Africa are expected to witness the most promising growth opportunities during the forecast period. While China will be a leading APEJ market, India will contribute a considerable revenue share to the APEJ virology market.

Segment-wise Market Forecast

Immunoprophylaxis therapy and antiviral drugs are the fastest-growing market segments in the estimated forecast period.

STDs, urinary tract infections, and respiratory tract infections are currently dominating compared to other application types in the global virology market.

On the basis of diagnosis tests, hepatitis B, hepatitis C, HIV, human papillomavirus (HPV), and other tests (influenza, ebola, and dengue) are estimated to attract the largest market shares globally.

Hospitals and laboratories projected to continue the most dominating end-use segments, accounting for almost 50% market share globally.

Key Players in the Global Virology Market

The notable players identified in the global virology market include GlaxoSmithKline plc, Abbott Laboratories, Boehringer Ingelheim Corporation, Merck and Co. Inc., Novartis International AG, Siemens, Johnson & Johnson, AstraZeneca AB, and Roche.

Merck and Co. Inc. has several drug candidates in phase 2, including cancer, diabetes, cardiac arrest, and hepatitis C, and some candidates in phase 3, including breast cancer, atherosclerosis, Alzeimer’s, ebola, and HIV. The company also has many other candidates, which are currently under review.

Abivax, a high profile biotech company in Paris, France, has already successfully produced candidates against dengue and chikungunya viruses. The company has a few more candidates against HIV and ebola, currently under development.

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

The report covers exhaustive analysis on:

Market Segments

Market Dynamics

Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies involved

Technology

Value Chain

For critical insights, request for PDF Brochure: https://www.futuremarketinsights.com/reports/brochure/rep-gb-1150

Regional analysis includes

North America (U.S., Canada)

Latin America (Mexico, Brazil)

Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, BENELUX)

Eastern Europe (Poland, Russia)

Asia Pacific (China, India, ASEAN, Australia & New Zealand)

Japan

Middle East and Africa (GCC and S. Africa)

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.

Virology Market: Segmentation

Based on product type, the global virology market is segmented into

Diagnosing Test

DNA Viruses

RNA Viruses

Prions Diagnostic Test

Other Viral Tests

Viral Infection Controlling Methods

Immunoprophylaxis

Active Prophylaxis (Vaccines)

Passive Prophylaxis

Antiviral Chemotherapy

Virucidal Agents

Antiviral Agents

Immunomodulators

Interferons

Cytokines

FMI’s research on the global virology market provides a 10-year forecast, segmenting the market on the basis of application, end-use, and region.

Based on application, the global virology market is segmented into

Skin and Soft Tissue Infections

Respiratory Tract Infections

GI Tract Infections

Urinary Tract Infections

Eye Infections

CNS Infections

Sexually Transmitted Diseases

Perinatal Infections

According to the end-user, the market is segmented into

Hospitals

Clinics

Laboratories

Diagnostic Centres

Blood Banks

Pharmacies

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

Infant Care And Baby Care Equipment Market 2021 | Scope of Current and Future Industry 2025

Infant care and baby care equipment refers to the devices that used to care for sick babies with various healthcare problems.

Infant care and baby care equipment includes incubators, fetal dopplers, infant warmers, phototherapy equipment, respiratory assistance, monitoring devices, pulse oximeter, infant resuscitation trolley etc. The incubator designed to provide safe and most stable environment to the critical neonate. Doppler fetal monitor is an ultrasound transducer device that used to detect the fetal heartbeat. Infant warmers used to provide constant body temperature to the infants. The pulse oximeter used to determine whether the baby has enough oxygen in her blood.

Globally, technological advancement in infant care and baby care equipment is increasing. In addition, the awareness about infant care and baby care equipment available in the market is growing, which results the infant care and baby care market is also increasing.

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Infant Care and Baby Care Market: Drivers and Restraints

Technological advancement in infant care and baby care equipment, increasing healthcare expenditure, rising disposable income, changing lifestyle and increasing awareness about infant and baby care equipment available in the market are some of the factors that drive the growth of the infant care and baby care market.

However, high competition among existing players act as an inhibitor for this market. In addition, the U.S. government initiatives to decrease the preterm birth incidence rate are expected to significantly reduce the number of preterm births in the country, which inhibits the growth of the infant care and baby care equipment market.

Infant Care and Baby Care Equipment Market: Overview

With the increasing incidence of premature births and technological advancement in infant care and baby care equipment, the global infant care and baby care market is expected to have a healthy growth rate in the forecast period (2015-2025).

Infant Care and Baby Care Equipment Market: Region- wise Outlook

The global infant care and baby care market is expected to register a healthy CAGR for the forecast period. Depending on geographic regions, global infant care and baby care market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan and Middle East & Africa.

North America followed by Europedominates the global infant care and baby care market due to technological advancement in infant care and baby care equipment, developed healthcare infrastructure and affordability for various infant and baby care equipment. Asia-Pacific is the fastest emerging market for global infant care and baby care due to increasing disposable income, increasing technological advancement, high incidence rate of premature births, growing awareness level about infant care and baby care equipment available in the market. Also, high birth rate in this region plays a significant role in the global market.

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Infant Care and Baby Care Market: Key Players

Some of the key market players in global infant care and baby care market are Abbott Nutrition, GE Healthcare, Narang Medical Limited, Phillips Healthcare, Drägerwerk AG & Co. KGaA, Phoenix Medical Systems (P) Ltd and Novamed USA.

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

The report covers exhaustive analysis on:

Market Segments

Market Dynamics

Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies involved

Technology

Value Chain

Regional analysis includes

North America (U.S., Canada)

Latin America (Mexico. Brazil)

Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands)

Eastern Europe (Poland, Russia)

Asia Pacific (China, India, ASEAN, Australia & New Zealand)

Japan

Middle East and Africa (GCC, S. Africa, N. Africa)

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.

 

Infant Care and Baby Care Equipment Market: Segmentation

Global Infant care and Baby Care market is further segmented into following types:

Equipment Type

Incubator

Warmer

Phototherapy

Monitoring devices

Others

For critical insights, request for PDF Brochure: https://www.futuremarketinsights.com/reports/brochure/rep-gb-997

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

Tissue Diagnostics Market By Application, By End User and By Region, Industry Analysis, Revenue Opportunity, Competitive Analysis

Tissues is a group of human cells that play a vital role in performing various biological functions that are important for other healthy functions in a human body.

As these layers of cells carry extremely important elements of information about the health prospects of the body, tissue samples are commonly taken to analyze and diagnose various health conditions, as they capture the biological specification of any disease.

Tissue diagnostics is emerging as an important field of diagnostics research as tissue samples can explain various aspects of different biological conditions. Especially in the field of cancer diagnostics and analysis, tissue diagnostics have played a key role as it has helped scientists and researchers identify the presence of cancer upon examining the tissue samples.

Tissue diagnostics is also gaining immense popularity in the other diagnostics areas where origin and treatment of different other chronic diseases are being studied by leading pharmaceutical companies.

Histopathology is among the most commonly implemented methods of tissue diagnostics, and it involves the analysis with tissue samples through various processes such as fine needle aspiration cytology, small biopsies, and open biopsy or surgery.

Other important types of tissue diagnostics are in situ hybridization, Immunohistochemistry (IHC), and Hematoxylin and Eosin (H&E). Based on the tissue samples under observation, the motive of the diagnostics, and other specific conditions, the method of tissue diagnostics is decided.

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Advent of Digital Pathologies to Transform the Modern Tissue Diagnostics Landscape

Diagnostic laboratories or pathologies have worked on the traditional model for years, where microscopes have been the go-t0 instrument for pathologists worldwide. However, the rise of digitalization across the entire healthcare industry is triggering the adoption of modern technologies that can digitally transform conventional models of pathologies.

A majority of healthcare businesses are entering the digital era with the establishment of new digital pathology systems that are equipped with the network of high-definition tissue diagnostics instruments.

The modern diagnostics laboratories are shifting from the traditional devices for studying and examining magnified tissue samples to diagnose different health conditions to more modern and high-tech instruments in the innovative diagnostics environment called digital pathologies.

The adoption of whole-slide imaging (WSI) among various other tech-driven diagnostic tools is on the rise, and this has defined an emerging trend in the digital pathology set up.

Leading players in the tissue diagnostics market are realising this shift in the operational models of pathologies and diagnostic laboratories to modify their offerings and features of their services.

In the coming years, the rise of digital pathologies will become more prevalent, triggering all the stakeholders in the tissue diagnostics market to acquire advanced technologies to offer the new-age tissue diagnostics products in the coming years.

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Ongoing Research in the Diagnostics of Cancer will Primarily Boost Demand

Growing prevalence of cancer across the world has triggered a significant rise in the research & development activities in the tissue diagnostics field. With over 18 million new cases and more than 9.6 million deaths due to cancer, the global cancer burden increased alarmingly in 2018, according to the World Health Organization (WHO).

The global tissue diagnostics market is expected to witness rising collaborations between research institutions and market players in the area of cancer research.

For instance, in June 2020, the University of Sheffield, United Kingdom, inked its collaboration with Zilico Ltd – a UK-based company which specialises in the design and manufacture of real-time medical diagnostics to address specific clinical needs – to invent a non-invasive, pain-free, and instantaneous method to diagnose oral cancer with the implementation of its electrical impedance spectroscopy (EIS) technology.

In the same month, Epredia – a global leader in precision cancer diagnostics and tissue diagnostics, announced that it is entering a strategic distribution agreement with Lunaphore Technologies SA – a Swiss life-sciences company that specialised in the development of innovative next-generation equipment for cancer research.

Lunaphore is a leading supplier and manufacturer of tissue staining instruments, and it will integrate Fast Fluidic Exchange microfluidic technology with its tissue diagnostics instruments for uniform and rapid delivery of reagents to tissue samples through rapid immunohistochemistry (IHC) and immunofluorescence (IF).

Tissue Diagnostics Market: Region-wise Analysis

Based on the geographical factors, the tissue diagnostics market is broadly divided into seven regions – North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa.

An alarming rise in the prevalence of life-threatening diseases including cancer, in the United States is triggering the cancer research and diagnostics activities in the North American region. This is expected to aid the growth of the tissues diagnostics market in the region, grabbing a significantly high revenue share of the global market.

Furthermore, governing bodies in the North American region are bolstering their investments in the cancer research facilities.

For instance, the Centers for Disease Control and Prevention (CDC) has established its flagship program – The Cancer Prevention and Control Research Network – which mainly focuses on encouraging cancer research and prevention projects in the region.

Leading players are investing heavily in tissue diagnostics tools in order to capitalize on the rise in growth of the personalised medicines industry. On the other hand, developing countries in the Asia Pacific region, especially China and India, are expected to witness a significant rise in development of tissue diagnostics assays.

Tissue Diagnostics Market: Competitive Landscape

Agilent Technologies

Danaher Corporation

F. Hoffmann-La Roche AG

bioMérieux SA

Abbott Laboratories

Sigma-Aldrich Co. LLC

Ventana Medical Systems

GE Healthcare

BioGenex

Cell Signaling Technology.

Leading players in the tissue diagnostics market are increasing their attention to the rise in the use of tissue diagnostics devices in digital pathologies. This is expected to trigger strategic collaborations among technology providers and digital pathology platforms in the global tissue diagnostics market in the coming years.

For instance, in July 2020, Koninklijke Philips N.V. – a Dutch multinational conglomerate corporation and one of the world’s largest electronics companies with the focus on the area of health technology – announced that it has collaborated with Proscia Inc. – a Philadelphia-based provider of digital pathology platform – to establish an open ecosystem for diagnostic laboratories to boost and scale their operations on the platform of digital pathologies.

As a part of this collaboration, Proscia will begin to utilize Philips’ iSyntax image format, which will be integrated with the Philips Pathology SDK software toolset, along with its suite of artificial intelligence modules across its Concentriq digital pathology platform.

In June 2020, F. Hoffmann-La Roche AG – a Swiss multinational healthcare company that operates worldwide under pharmaceuticals and diagnostics divisions – announced the CE-IVD launch of its state-of-the-art and fully automated digital pathology platform – uPath PD-L1 (SP263) to increase the focus on the research around non-small cell lung cancer (NSCLC). The company declared that the motive behind its move was to improve the certainty and consistency in diagnostic laboratories through image analysis tools integrated with artificial intelligence technology.

Region-wise Analysis

North America (U.S., Canada)

Latin America (Mexico, Brazil)

Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)

East Asia (China, Japan, South Korea)

South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)

Oceania (Australia, New Zealand)

Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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Report Highlights

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.

Tissue Diagnostics Market: Segment Analysis

The tissue diagnostics market can be segmented on the basis of the following:

Disease

Lung Cancer

Lymphoma

Pancreatic

Cancer

Breast Cancer

Others

Product

Instruments

Microscope

Non-contact Handheld IR Thermometer

Haemocytometer

NMR Tube

Others

Consumables

Reagent Kits

Others

Application

In Situ Hybridization

Hematoxylin and Eosin (H&E)

Immunohistochemistry (IHC)

By End User

Diagnostic Laboratories

Hospitals

Contract Research Organizations

Research Organizations

Biotechnology Companies

Subcutaneous Drug Delivery Market 2021 Outlook, Current and Future Industry Landscape Analysis 2028

Subcutaneous drugs are injected in the layer of the skin called the cutis, which comprises the epidermis and dermis. The subcutaneous parenteral route of drug delivery is effective for administrating vaccines and for sustained release drugs and for insulin, goserelin etc. Numerous pharmaceutical products are marketed and being developed for various diseases which are administered through subcutaneous routes. Drug manufactures are also majorly focusing on packaging and effective delivery options for easy administration process so as the drug can be introduced into the patient with reliability. As many pharmaceutical company are developing self-administered drugs, several subcutaneous drug delivery devices have witnessed high adoption rate. Due to this findings major opportunities now exist for innovative approaches to subcutaneous drug delivery devices for many leading players in subcutaneous drug delivery market. Subcutaneous drug delivery market is growing as various advance drug delivery devices are introduced in market such as Jet injectors, Auto injectors, Mechanical pumps etc. The subcutaneous drug delivery systems are broadly used by the end users due to the easy and reliable operating mechanism, thus generating large revenues in the subcutaneous drug delivery market. On the other hand, subcutaneous drug delivery market is gaining profit as conventional intravenous drugs are being replaced by subcutaneous drugs. The rapid technological advancement in subcutaneous injectable devices is attributed due to wearable patch pumps and wearable smart patch as they are prefilled and have thin needles, accommodates high dose volumes and flexible to use. The global subcutaneous drug delivery market is expected to witness a significant growth over the forecast period due to rising prevalence of diabetes across the globe.

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Subcutaneous Drug Delivery Market: Drivers and Restraints

As per WHO 422 million of adult population have diabetes in the US which represents significant population and with increasing diagnosis rate subcutaneous drug delivery market further expected witness growth. Increasing treatment seeking rate and spreading awareness about possible treatment options for diabetes is expected to fuel the subcutaneous drug delivery market. Due to self-administered drug, administration of injectable moves increasingly from practitioner offices and healthcare facilities to patient homes. As subcutaneous route of administration is effective alternative to intravenous route of administrations it is expected to future drive the growth of subcutaneous drug delivery market. With the advent of single injector device, auto injector, mechanical pumps and progress in digital medicine, it is anticipated to growth in the subcutaneous drug delivery market. Also, technical advancement like Bluetooth connectivity of glucometer also digital display and touch screen features in devices are expected to boost the demand for subcutaneous drug delivery technology market during the forecast period. Whereas, high cost of this devices may hamper the growth Subcutaneous Drug Delivery market.

Subcutaneous Drug Delivery Market: Overview

Many biological drugs such as monoclonal antibodies, protein based therapeutics are under clinical trials and subcutaneous route of administration is being investigated for their administration this is expected to contribute significantly to Subcutaneous Drug Delivery market growth. Based on product type, fillable injectors registers the highest revenue share in the subcutaneous drug delivery market owing to their reusability coupled with its less price and growing demand from patients. As high demands for the combination of innovative drug- device product such as Insulin pumps and Omnipod from Insulet from diabetic patients have contributed majorly in the growth of the market. Owing to this players are exploring new possibilities for developments in drug formulations and delivery device technology for subcutaneous drug delivery. The growing adoption rate of this subcutaneous drug delivery systems is expected to fuel the demand for the subcutaneous drug delivery market.

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Subcutaneous Drug Delivery Market: Regional Outlook

On the basis of geography, global paraffin physical therapy market is segmented into seven key regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East & Africa. North America is projected to hold largest shares in the global subcutaneous drug delivery market due to presence of leading manufacturer and advanced healthcare infrastructure. North America is the most lucrative Subcutaneous Drug Delivery market. Europe is expected to be second most lucrative Subcutaneous Drug Delivery market due to higher treatment seeking rate. Asia-Pacific is regarded as emerging Subcutaneous Drug Delivery market due emerging economies such as India and China coupled with improving awareness among general population about treatment options. Latin America remains least lucrative Subcutaneous Drug Delivery market due to lowest adoption of Subcutaneous Drug Delivery as a treatment option.

Subcutaneous Drug Delivery Market: Key Players

Some of the global key participants operating in subcutaneous drug delivery market are: Insulet Corporation, Becton Dickinson Company, Consort Medical, West pharmaceuticals services Inc., Ypsomed AG, Elcam Medical, Sc Pharmaceuticals Inc., Steady Med Ltd, Amgen Inc., Sensile medical AG and others. 

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

The report covers exhaust analysis on: 

Market Segments

Market Dynamics

Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies involved

Indication

Value Chain

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Regional analysis includes:

North America (U.S., Canada)

Latin America (Mexico. Brazil)

Western Europe (Germany, Italy, France, U.K, Spain)

Eastern Europe (Poland, Russia)

Asia-Pacific excluding Japan (China, India, ASEAN, Australia & New Zealand)

Japan

Middle East and Africa (GCC Countries, South Africa, Northern Africa)

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.

Subcutaneous Drug Delivery Market: Segmentation

Global Subcutaneous Drug Delivery market can be segmented on the basis of Product type, Usability, Technology and Distribution channel.

Based on the Product type Subcutaneous Drug Delivery market is segmented as

Fillable Injectable

Prefilled Injectable

Based on the usability type Subcutaneous Drug Delivery market is segmented as:

Disposable subcutaneous drug delivery injectable

Reusable subcutaneous drug delivery injectable

Based on the Technology type Subcutaneous Drug Delivery market is segmented as:

Jet

Spring

Gas

Based on the Distribution Channel Subcutaneous Drug Delivery market is segmented as:

Hospital Pharmacies

Retail Pharmacies

Drug store

Online Pharmacies

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

Smart TV Market to rise at a CAGR of ~24.7% between 2021 and 2031.

With the surge in the demand for smart TVs, leading manufactures have now shifted their focus on technologies that cater to multi-functional consumer needs. Future Market Insights (FMI) in its latest study has forecast the smart TV market to rise at a CAGR of ~24.7% between 2021 and 2031.

Innovations are transforming the television industry by integrating advanced technologies like artificial intelligence (AI), Internet of Things (IoT), Google Assistance, and internet connected services in latest models of smart televisions, which were not available in traditional cathode-ray tube (CRT) televisions.

The smart TV industry consists of several big players like the Samsung Group, TLC Corporation, Panasonic Corporation, and Sony Corporation. The smart TV industry is being viewed as lucrative investment opportunity due to enormous customer interest.

Partnerships between big companies and small players are bolstering the scope for growth. Manufacturers are focusing on developing innovative product features, in addition to effectively developing sales and distribution channels. Most consumers focus on online product research before making a purchase.

As a result, manufacturers are increasing their product presence and online availability. In addition, the increasing popularity of smart homes among middle-class urban population is a major factor fuelling the demand for smart TVs in the market.

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Key Takeaways from the Smart TV Market Study

  • The 45- 50 inches’ segment accounted for a 22.3% share in 2020, which is attributable to the increasing penetration of 4K TVs in the higher economic consumer class.
  • Multi-brand stores are a popular distribution channel, accounting for over 29% of the market. However, online sales are expected rise at 27.3% CAGR.
  • The U.S. currently holds the lead accounting for 79.5% of the North America market, driven by increasing consumer expenditure on lifestyle products.
  • Japan is expected to register high potential for growth, accounting for an estimated 51.7% share in East Asia market by the end of 2031, supported by easier access to new technologies.
  • India followed by Indonesia are projected to emerge as lucrative markets in South Asia, holding over 32% and 23% share.

 Online steaming services and smart TVs have developed a symbiotic relationship, where the latter benefits from the use of the myriad options offered by steaming services- which in turn will complement the growth of the smart TV market through the end of 2031,” says an FMI analyst.

Impact of COVID-19 on the Smart TV Market

The COVID-19 pandemic has adversely impacted the smart TV market. Lockdown imposed by governments, suspended operations in manufacturing facilities. Restrictions were imposed on the movement of non-essential goods and services for months, which hampered the overall supply/distribution for smart TVs across the globe.

Samsung which has manufacturing facilities in Vietnam, the Czech Republic, and Hungary was relatively less affected in 2019. However, with the closing of Hungary’s boarders and the lock down in Czech Republic, Samsung faced difficulties in operating its European facilities.

The outbreak had a negative impact on businesses in 2020 and continued to affect operations in 2021. However, in the current scenario, the smart TV market is expected to recover steadily from the downfall in the forecast period.

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Who is Winning?

Key players operating in the smart TV market include Samsung Electronics Co., Ltd, Panasonic Corporation, LG Electronics, Inc., Sony Corporation, Videocon Industries Limited, Haier Electronics Group Co, Ltd, TCL Corporation., Hisense Group, Sansui Electric Co., Ltd., Micromax Informatics, Sharp Corporation, VIZIO, Inc., Apple Inc, Toshiba Corporation, Hitachi Ltd and among others.

Players in the moderately consolidated smart TV market are largely involved in strategies for product development and launches in addition to investments for geographical and capacity expansion to sustain long term growth.

  • In March 2020, Samsung Electronics Co., Ltd. announced the latest and expanded line of 2020 QLED 4K and 8K TVs at select retailers. The latest and expanded 8K series in the 2020 series has larger screen sizes, improved AI capabilities for the 4K and 8K models, and is designed to provide superior image and sound qualities.
  • In July 2020, Indian television brand Shinco, launched its latest television, the S43UQLS 43- inch 4K HDR LED Smart TV. This is one of the most affordable 4K televisions on the market of this size, as most 43-inch televisions at this price have full-HD LED displays.
  • In April 2020, Sharp Corporation, announced two new 8K smart TVs for the Japanese market, namely the Sharp Aquas 8T-C70CX1 and the Sharp Aquos 8T-C60XX1, which include 70-inch and 60-inch 8K panels.
  • In April 2021, Samsung and Mediatek, announced the world’s first 8K QLED TV – which will deliver the fastest connectivity experience through its cutting-edge WI-FI 6E capabilities.

Get Valuable Insights into Smart TV Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global smart TV market, presenting historical demand data (2016-2020) and forecast statistics for the period from (2021-2031). The study divulges compelling insights on the smart TV market based on the display technology type (LED, QLED, HDR, OLED, LCD, IPS LCD, and XLED), screen type (flat, curved and foldable), screen size (32 inches and under, 33 to 44 inches, 45 to 50 inches, 51 to 55 inches, 56 to 65 inches, 66 inches and above), application type (residential and commercial{ hotels, restaurants, corporate offices, cafeterias, and others}) price (under US$ 500, US$500 – US$ 1000, US$ 1000 – US$ 2000, US$ 2000 – US$ 3000 and US$ 3000 and above), sales channel (hypermarkets/supermarkets, speciality stores, multi-brand stores, online retailers, wholesalers & distributors, and other sales channel), across seven major regions.

Smart TV Market by Category

By Display Technology Type:

  • LED
  • QLED
  • HDR
  • OLED
  • LCD
  • IPS LCD
  • XLED

By Screen Type:

  • Flat
  • Curved
  • Foldable

By Screen Size:

  • 32 Inches & Under
  • 33 to 44 Inches
  • 45 to 50 Inches
  • 51 to 55 Inches
  • 56 to 65 Inches
  • 66 Inches & Above

By Application Type:

  • Residential
  • Commercial
    • Hotels
    • Restaurants
    • Corporate Offices
    • Cafeterias
    • Others

By Price Range:

  • Under US$ 500
  • US$ 500 – US$ 1000
  • US$ 1000 – US$ 2000
  • US$ 2000 – US$ 3000
  • US$ 3000 & Above

By Sales Channel:

  • Hypermarkets/Supermarkets
  • Specialty Stores
  • Multi-brand Stores
  • Online Retailers
  • Wholesalers & Wholesalers
  • Other Sales Channel

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By Region:

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

Robust Consumption of Pump and Dispenser for Packaging Market Estimated to grow at a CAGR of 4.3% During 2020 and 2030.

Favorable government policies and expansion of online presence by leading market players are enabling growth in the pump and dispenser market, finds Future Market Insights (FMI) in a new study. Demand for pumps and dispensers has surged considerably in the last few months and the trend is likely to continue through near-term assessment period in response to the increasing sales of hand washes and spray sanitizers amid COVID-19.

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Pump and dispensers are usually used in packaging products like creams, lotions, sauces, shampoo, chemical products, face wash, body washes, cleaning products, skin care products, shower gel, and others. They reduce the chances of product wastage while dispensing and can be reused, making them sustainable options. Increasing demand for pump and dispensers for packaging and skin care is expected to propel growth in the market.

Some of the key players in the pump and dispenser market are Nature Home Decor, Creative Home, Mason Jar Lifestyle, Perfume Studio, Toilet Tree Products, Youngerbaby, Rail, Hayward, Kleine Wolke, LOGAN, CJH, VCCUCINE and ZmOffers.

“Consumers around the world are embracing packaging that offers superior functionality and dispensing solutions. This has been encouraging market players to focus on novel designs that offer better convenience and functionality while ensuring lesser wastage of products. For instance, Raepak and Aptar have developed a unique cap design that can measure the exact amount of liquid detergent dispensed in a single squirt,” says an analyst at FMI.

COVID-19 Impact Analysis

The COVID-19 pandemic has disrupted various industries including the pump and dispenser market. The lack of raw materials saw a decline in production. The market experienced a -0.4% CAGR during 2020. It is expected to rise at a moderate pace 2021 onwards due to increasing demand for soap dispensers and sanitizers due to hygiene concerns.

Key Segments

Product Type

  • Trigger Pumps
  • Lotion & Cream Pumps
  • Mist Spray Pump

Material Type 

  • Plastic
  • Metal
  • Glass

Application

  • Body Lotions
  • Hand Care Lotions
  • Reagents
  • Perfumes & Deodorants

End Use

  • Cosmetics & Personal Care
  • Homecare
  • Pharmaceutical

Key Takeaways from Pump and Dispenser Market Report

  • The pump and dispenser market is expected to grow at a CAGR of 4.3% between 2020-2030
  • East Asia is predicted to dominate the market due to increasing demand for food packaging, cosmetics and pharmaceuticals. Rising government initiatives to improve manufacturing is also expected to contribute towards market growth
  • Increasing sale of products on ecommerce websites has created lucrative opportunities for manufacturers

Enquiry before Buying

  • Is this research conducted by Future Market Insights?Yes, the report on the pump and dispenser market has been conducted by expert analysts of Future Market Insights through a combination of primary research and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
  • What research methodology is followed by FMI?FMI follows a methodology that encompasses demand-side assessment of the market and triangulates the same through supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions. Request detailed methodology.
  • Who are the respondents for primary research?FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. For a full list of primary respondents, please reach out to us.

About FMI

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

Contact

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

Tote Bags Market Focusing on Current Trends, Leading with Top Key Players : Guangzhou Yaxin Leather Corporation Limited, Yiwu Zhihao Leather Factory

Packaging is becoming an important aspect to protect and preserve the product from harmful rays, dust or moisture during the course of transportation. It plays an important role as primary packaging so that the product contaminate or react with any chemical. Moreover, secondary packaging plays a vital role during handling of goods from one place to another without getting damage. Tote bags is a type of secondary packaging solution that is specifically designed for carrying luggage and storage purpose. Tote bags are generally regarded as unfastened bags that have parallel handles which emerge from both the side of the bag to provide it a pouch shape. These tote bags are made from cloth, leather, fabric, nylon, and jute.

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FMI, in its upcoming business report, elaborates the historical and current scenario of the global Tote Bags market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.

Crucial information and forecast statistics covered in the Tote Bags market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

COVID-19 Impact Analysis on Tote Bags Market

The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Tote Bags market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.

Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Tote Bags market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Tote Bags market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

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Tote Bags Market: Segmentation

Valuable information covered in the FMI’s Tote Bags market report has been segregated into key segments and sub-segments.

On the basis of product type, global tote bags market is segmented into

  • fabric shopper
  • leather
  • winged

On the basis of material type, global tote bags market can be segmented into

  • cloth
  • fabric

On the basis of application type, the global tote bags market is segmented into

  • shopping totes
  • casual every day totes

 

Tote Bags Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Tote Bags market. Competitive information detailed in the Tote Bags market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Tote Bags market report.

Key players covered in the report include:

Guangzhou Yaxin Leather Corporation Limited, Yiwu Zhihao Leather Factory, Bustificio Enneci Snc., Paimax SRL, Xiamen Novebag Co. Ltd., Tibuk 2 Manufacturing Ltd.

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Important Questions Answered in the Tote Bags Market Report

  • Which end user remains the top revenue contributor in different regional markets?
  • At what rate has the global Tote Bags market been expanding during the forecast period?
  • How will the global Tote Bags market look like by the end of the forecast period?
  • What innovative strategies are adopted by Tote Bags market players to stay ahead of the pack?
  • What are the restraints affecting the growth of the global Tote Bags market?

Key Offerings of the Report

  • Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
  • Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
  • Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
  • Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
  • Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Tote Bags market

 

About FMI

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

Contact

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

 

Shrimp Market is slated to register a CAGR of 6.7% between 2021 and 2031

Increasing focus on maintaining good health especially as the world is witnessing various pandemic and epidemic outbreak has been increasing seafood consumption. Against this backdrop Future Market Insights (FMI), presents a positive outlook for the shrimps market. According to the report, the shrimps market is slated to register a CAGR of 6.7% between 2021 and 2031.

Shrimps being a very good source of protein,are increasingly included in food, pharmaceutical, cosmetics, and various industrial products. Consumers have become extremely health conscious owing to the increasing prevalence of various ailments and have become more willing to spend on sea food such as shrimps.

Shrimps have various properties that help in preventing and controlling cholesterol, obesity, heart attacks, and other health conditions. Increasing awareness regarding this is expected to result in high demand for shrimps in the coming years.

Skin care products containing ingredients derived from shrimps are proven to be very beneficial in skin tightening and skin rejuvenation as shrimp contains collagen which is very much needed for tissue repair. Skin cells can be renewed with regular intake of collagen. The upper layer of skin called as epidermis is the most delicate part of the skin.

Consumption of shrimp in form either as a part of their regular diet or in the form of dietary supplements also offers various health benefits. According to the report, the food sector is expected to account for nearly70% of sales in the market through the forecast period.

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Key Takeaways from the Shrimp Market Study

  • Despite restrictions amid pandemic, shrimps market is forecast to exhibit a little below 6% y-o-y growth in 2021
  • Increasing shrimp consumption will enable the U.S. account for over 80% sales in North America
  • The U.K. will continue dominating the Europe market, exhibiting 8.6% y-o-y growth in 2021
  • Seafood consumption is considerably high in Germany and France, catapulting them as lucrative markets for shrimps within Europe
  • China is the largest producer of shrimps and will continue dominating the East Asia market

“Increasing demand for food products with high nutritive value will drive shrimps sales. The market players are likely to focus on strategic collaborations to explore opportunities across untapped markets,” said a lead analyst at FMI

Increasing Use of Shrimp in Cosmetics and Pharmaceutical Segments

Medical advantages of shrimpscan improve bone density, mind wellbeing, weight control, and reduce the risk of cardiovascular illnesses. Ingredients derived from shrimps are used in various skin care brands, aimed at offering good skin and anti-aging properties.

Shrimps contain a carotenoid called astaxanthin, which has amazing cell reinforcement properties that can incredibly lessen the indications of skin aging caused due to sun damage. Increasing use in cosmetics and pharmaceutical products will aid the overall expansion of the market.

Who is winning?

Some of the leading players operating in the shrimps marketare Vinnbio India Pvt. Ltd,  Charoen Pokphand Food PCL, Pescanova S.A, Galveston Shrimp Company, Gulf Shrimp Company, Seajoy Group, Dom International Limited Thai Union Frozen Products PLC,Marine Harvest ASA, Baton Rouge Shrimp Company, Inc., Labrador Fishermen’s Union Shrimp Company Ltd., ,The Clover Leaf Seafoods Family Ristic GmbHOmarsa S.A, MSeafood Corp Carribbean Ananda Group, Nippon Suisan Kaisha, Ltd.,Shrimp Company Limited, Artisanfish LLC,  Orchid Marine and others.

Companies operating in the market are focusing on M&A, collaborations, and strategic alliances to increase market penetration and production capacity.

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Get Valuable Insights into Shrimp Market

Future Market Insights, in its new offering, provides an unbiased analysis of the Grapes Skin market, presenting historical demand data (2016-2020) and forecast statistics for the period from(2021-2031). The study divulges compelling insights on the Shrimpmarket based on Species(Gulf Shrimps,Farmed White leg Shrimps,Banded Coral Shrimps, Royal Red Shrimp,Giant Tiger Shrimps,  Blue Shrimps, Ocean Shrimps), By Source (Organic and Conventional), By Form (Canned, Breaded, Peeled, Cooked & Peeled, Shell-On and Frozen) By Sales Channel ( Direct and Indirect B2C-Modern trade, convenience stores, specialty stores, whole sale stores, discount stores, online retail other retail formats ) By Application ( Food, Pharmaceuticals, Cosmetics, Industrial and Biotechnology) andacrosssevenmajor regions (North America, Latin America, Europe, East Asia, South Asia,Oceania, and Middle East and Africa).

Shrimp Market by Category

Species

  • Gulf Shrimps
  • Farmed Whiteleg Shrimps
  • Banded Coral Shrimps
  • Royal Red Shrimp
  • Giant Tiger Shrimps
  • Blue Shrimps
  • Ocean Shrimps

Source

  • Organic
  • Conventional

Form

  • Canned
  •  Breaded
  • Peeled
  • Cooked & Peeled
  • Shell-On
  • Frozen

Sales Channel

  • Direct
  • Indirect
    • Modern Trade
    • Convenience Stores
    • Specialty Food Stores
    • Wholesale Stores
    • Discount Stores
    • Online Retail
    • Other Retail Formats

Application

  • Food
  • Pharmaceutical
  • Cosmetics
  • Industrial
  • Biotechnology

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Region

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