Ceramic Insulator Market Competitive Growth Strategies Based on Type, Applications, End User and Region

The ceramic insulator market offers a product line, which is significantly useful in electrical insulation and high temperature and high voltage work environments worldwide. Depending on the applications, ceramic insulators are used in different fields, such as refractory industries and foundries and process industries, among others. A ceramic insulator is generally designed and merchandised with popular natural raw materials, namely porcelain and kaolinite that possess excellent properties of resistance to high temperature and heat.

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The ceramic insulator market offers products in different shapes and designs depending on the methodology and application. Thus, facilitating consumers to install ceramic insulators in any form, with respect to the requirement. Demand for ceramic insulators is expected to increase over the forecast period, due to the rapid growth of its usage in upcoming projects to install new transformer lines, which will allow the transmission of electricity in remote areas.

A renowned technology in the production of ceramic insulators is expected to enhance market acknowledgement, as it provides high voltage electricity without electrical breakdown. A megatrend has been observed in gasoline engine technology to maintain the carbon dioxide emission level. The ceramic insulator plays a vital role to act as a barrier between the electrodes that force the spark plugs to jump to initiate combustion. Thus, growth of the ceramic insulator market can be observed to a great extent in a varied range of sectors over the forecast period.

Ceramic Insulator Market: Dynamics

The ceramic insulator market is expected to witness potential growth, owing to increasing applications of ceramic insulators in various industrial sectors and rural areas. With rapid development in technology, several transmission lines are expected to adopt ceramic insulator products as they are light weight and have higher mechanical strength-to-weight ratio. Increasing focus towards railway projects in emerging countries, such as India, which have the most rail lines in the world is expected to boost the demand for ceramic insulators in electrical and thermal insulation. Moreover, an increase in the development of smart grids in North America and Europe is expected to drive the demand for ceramic insulators over the forecast period. Renovation and remodelling of old transmission and distribution lines along with new electrification projects are some of the factors driving growth of the ceramic insulators market over the forecast period.

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However, intense competition from other insulators made of composite materials is observed to obstruct the growth for ceramic insulators. For instance, the non-ceramic insulators that are 20% lower in weight than ceramic insulators provide relatively good electric and mechanical properties, especially in high voltage lines.

Ceramic Insulator Market: Region-wise Outlook

Based on the geographic segmentation, the ceramic insulator market is anticipated to remain prevalent in the Asia-Pacific region, which includes countries, such as India and China. This can be attributed to increasing construction activities and electrification provided for rural development. Also, high temperature is a problem in tropical areas where thermal insulation could be the solution for high voltage transformers. Thus, such regions are projected to emerge as lucrative prospects for the ceramic insulator market over the forecast period. The Indian Railways have approved new projects in the North East for seven new lines of around 594 km. Likewise, China has approved a railway project worth US $ 36.0 Bn to connect prominent cities in the country covering 1,100 km, which is to be accomplished by 2020. Such massive projects in Asia-Pacific are expected to hold significant opportunities for the ceramic insulator market during the forecast period.

Europe is expected to hold significant opportunities for the ceramic insulator market. European nations are observed to incline towards renewable energy resources leading to new projects in power transmission sector. Also, tenders for the replacement of ceramic insulators are expected to raise opportunities for the contractors and thus the ceramic insulator market in coming years. Attributing to these factors, the ceramic insulator market is expected to witness remarkable growth in this region over the forecast period.

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Ceramic Insulator Market: Market Participants

Examples of some of the market participants in the ceramic insulators market are listed below:

  • CJI Porcelain Pvt Ltd.
  • National Switchgears
  • Meister International, LLC
  • ZPE ZAPEL S.A.
  • Power-grid Switchgears Pvt. Ltd.
  • Aditya Birla Insulators
  • PPC Insulators
  • China Insulators Manufacturer
  • Iran Insulator

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, type of product and applications.

Engineered Wood Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Engineered wood is also known as man-made wood or composite wood, and these are quite popular in recent times due to their cost effective and ecofriendly properties. These woods are formed of composite materials manufactured by binding the strands, fibers and particles all together with the help of suitable adhesives. These engineered woods can be made by utilizing wastes such as sawmill waste, rice straw, sugarcane bagasse, wheat straw and other wood wastes thus making them cost effective and environment friendly.

Engineered wood is mainly used as a substitute to hardwood and concrete. In many construction building projects, the products of engineered wood are used as an alternative of steel in beams. One of the advantage offered by engineered wood products is that it can be designed as per the demand and custom specifications of the end user. The main users of engineered wood products are construction developers, architects, designers etc. Promotion of green life and regulations concerning deforestation has led the global engineered wood market to expand with a decent pace.

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Engineered Wood Market: Dynamics

Government norms and regulations such as Bharat stage emission standards or European emission standards regarding CO2emissions are driving the market for engineered wood at whole different level. Owing to the factors like cost efficiency, enhanced quality, waste reduction and environment friendly nature, the engineered wood market is expected to witness significant growth in the market. There are certain innovations in the technologies and machining systems have been developed in order to improve the efficiency and quality of the products which are expected to further drive growth of the market.

Although the global engineered wood market has potential opportunities in the future still the manufacturers of engineered wood products face some challenges regarding durability and fire resistant properties of engineered wood products. There are certain adhesives like Urea-formaldehyde used in the manufacturing of engineered wood products which are quite toxic. Also some products such as particle boards may not be suitable for outdoor use as they are more prone to humidity.

The ongoing developments regarding advanced grading and better material selection techniques is expected to result in improved definition of timber quality and efficient performance of the products.

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Engineered Wood Market: Regional Outlook

The ecofriendly features of the engineered wood products will force the global market to grow at a rapid pace during the forecast period. Increase in the construction of large buildings structures leads to the increased demand of cross laminated timber. North America have a significant usage of plywood and oriented strand boards resulting in the growth of engineered wood market. Similarly European countries have high usage of glued laminated timber and I-beams. Growing industrialization and urbanization in developing regions such as Latin America and Japan has witnessed a significant growth in the engineered wood market and is expected to continue during the forecast period. In the Regions of Asia Pacific, countries like India and China having high population, dominates in the residential segment of the market. Middle East and Africa has high production rate in raw materials hence the market is expected to move at a higher pace and is anticipated to have a significant growth at the global level.

Engineered Wood Market: Key Participants

Examples of some of the market participants identified across the value chain of the global Engineered Wood Market include:

  • Celulosa Arauco Y Constitución S.A.
  • Louisiana Pacific Corporation
  • SCM Group
  • Boise Cascade Company
  • Roseburg Forest Product Company
  • Huber Engineered Wood LLC
  • Cefla Finishing Group
  • Georgia Pacific Wood Products, LLC,
  • Patrick industries, Inc.
  • Weyerhaeuser Company

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, type of product and applications.

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The report covers exhaust analysis on:

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

The regional analysis includes:

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

World Truck Mounted Crane Market Competitive Growth Strategies Based on Type, Applications, End User and Region

A truck-mounted crane is a self-propelled machine used for loading and unloading, which is mounted on a truck for providing mobility and eliminating the special requirement to transport the crane. Integration of truck and crane as a single unit drastically improves the efficiency of the task to be performed. Additionally, it has a working section provided with a cantilevered rotating boom. A truck-mounted crane is mainly used for purposes like repair work, construction, loading, and unloading of vehicles of heavy as well as the single natured items.

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Truck mount cranes can be hydraulic, mechanical, or electrical having load capacities ranging between 2.5 to 16 tons. Additionally, the truck mount crane has an extending boom, auxiliary devices, a hook, and supplementary support while lifting which increases its stability, landing leg, rotatory table, and rack. The increasing economical and infrastructural growth all across the globe has boosted the demands of instruments for construction this is playing a significant role in the expansion of the truck mount crane market all across the globe.

Regional Outlook:

Significant growth in the infrastructure, economy and industrialization in the MEA, North America, and European countries has boosted the sale of truck mount cranes in this region. Being safe, reliable, and productive the Truck Mounted Crane market is forecasted to grow in all the above regions. Moreover, there is the growth of urbanization in all the developed countries which includes the USA, Europe, and Japan, this is estimated to accelerate the Truck Mounted Crane market over the forecast period.

In the Asia-Pacific region, countries like China and India have increased the use of Truck Mounted Crane due to the inclination of consumers towards more productive, user-friendly, and efficient technology. The never-ending demand for constructional infrastructure by various end-use industries is also expected to drive the global Truck Mounted Crane market over the forecasted period. Based on all the above-mentioned factors, the Truck Mounted Crane market is forecasted to grow with a prominent CAGR over the forecast period.

The regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC Countries, S. 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 an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Key Players

Key players in the global market of Truck Mounted Crane are:

  • Shanghai Guanhai Heavy Industry Science & Technology Co., Ltd
  • Chowgule and Company Pvt. Ltd.
  • Amma Engineering Pvt. Ltd
  • Cherokee Truck Equipment, LLC.
  • Lift and Shift Equipment
  • HYVA Global B.V.
  • Jomac
  • Stellar Industries
  • Sinomach Heavy Industry Corporation
  • Manitex International.
  • Mech-Tech Industries
  • Kissan Engineering
  • Palfinger Cranes India Pvt. Ltd.
  • PM Group S.p.A.
  • Liftmoore, Inc.

By Segmentation:

The Truck Mounted Crane market can be segmented based on type of drives and end-use-

The Truck Mounted Crane market can be segmented based on drives used as:

  • Electrical
  • Mechanical
  • Hydraulic

The Truck Mounted Crane market can be segmented based on end-use as:

  • Commercial
  • Infrastructural
  • Residential

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Truck mount trucks are mainly used for power distribution as well as construction purposes. With the growing expansion of the power and distribution network demand for truck-mounted cranes is also increasing in the global market. Truck mount cranes make the task easy by saving human time and energy and allowing the completion of tasks efficiently and effectively, this makes them more reliable for the customers and this is propelling the growth of the market of truck mount globally.

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, type of product, and applications.

 

Global Traditional Wound Management Market To Reach A Value Of US$ 1,792 Mn By The End Of 2026

Wound care management is a billion-dollar market accounting for a massive proportion of the healthcare expenses worldwide. Inter- and intra-departmental collaborations between surgeons and their support staff, i.e. the nurses, plays a key role in better wound management. This also determines the usage pattern for traditional wound management products, order placement cycles and choosing preferred vendors. The application of customer analytics and critical vendor management strategies are factors that are likely to fuel the demand for traditional wound management products, according to the Future Market Insights report on the global traditional wound management market.

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The gauzes product type segment contributed the highest revenue share in the global traditional wound management market in 2016. The usage of cotton gauze traditional wound management products for medical dressings, bandages, production of wound adhesions and many others is facilitating the growth of this segment in global traditional wound management market. Its non-adherent nature makes it more popular over other traditional wound management products.

Increase in outpatient wound care practices in ambulatory care centers is fuelling the usage of traditional wound management products. Moreover, traditional wound management products are witnessing demand from outpatient centers owing to low cost and easy availability as compared to advanced wound care products. Ambulatory care practices are also increasing due to the preference for minimally invasive or outpatient-based surgeries in the U.S and Europe. The development and incorporation of wound-care curriculum is boosting the usage of traditional wound management products among end users. Discussions with suppliers in the market revealed that the development and incorporation of wound-care curriculum in larger hospitals has improved product consumption/usage. This happens through continued education and rising awareness among caregivers regarding the proper usage of products, thus facilitating effective wound care consistent with the current “best practices.” These factors eventually help ensure best patient experiences as well as develop brand loyalty for traditional wound management products.

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The improvement and streamlining of regulatory processes in developing countries is expected to boost the formalisation of practice standards, the development of better clinical treatment guidelines, the standardisation of product usage, and the strengthening of the registration & licensing period required for traditional wound management products. This is expected to help companies operating in the traditional wound management market ensure that their products comply with the quality, safety and hygiene norms designed by nodal regulatory bodies such the U.S. CDC, Australian TGA and U.K. NHS, among others.

Among all regions, North America dominated the global market for traditional wound management and is expected to continue to maintain its dominance. In spite of the availability of more convenient and advanced wound healing products, majority of healthcare professionals opt for the usage of traditional wound management products due to cost-effectiveness and the availability of clear reimbursement policies for these products in countries such as the U.S. The APEJ traditional wound management market is estimated to expand at the highest CAGR over 2016–2026. Decreasing prices of cotton as a raw material for traditional wound management products in countries such as India and China is contributing to the high growth of the APEJ traditional wound management market.

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Although traditional wound management constitutes the largest revenue share for total wound management, it is low-margin in nature. Most of the raw materials such as cotton, are exported from developing markets to markets that have a strong manufacturing base and high sales of finished products. Trading of these raw materials in traditional wound management market takes place at subsistence levels as these markets are mostly unorganized in nature. Lack of attractive margins is discouraging retailers from the business of traditional wound management products, and their focus is gradually shifting to the business of advanced wound care management products.

The global traditional wound management market is highly fragmented with a large number of regional and local players operating in the global market. Reimbursement service providers are more focused on providing reliable and cost-effective wound management solution to patients. Payers offering coverage for wound care and wound management are adopting traditional wound management as well as advanced wound care products.

Global Excimer And Femtosecond Ophthalmic Lasers Market Is Expected To Reach A Market Value Of US$ 666 Mn By 2026

The global excimer and femtosecond ophthalmic lasers market is expected to witness stable growth in 2016, reaching a value of US$ 666 Mn in terms of revenues. Excimer laser systems will continue to outsell femtosecond lasers. North America will remain the top market, whereas Asia Pacific (excluding China and Japan) is anticipated to create a lucrative market for excimer and femtosecond ophthalmic lasers globally.

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Pronounced growth in geriatric population and significantly rising prevalence of diabetes will remain the key drivers fuelling the demand for excimer and femtosecond ophthalmic laser systems. Technological advancements in ophthalmic laser technology is anticipated to play a key role in catapulting their popularity and propelling their demand in market.

With refractive and cataract surgeries growing in number, more number of hospitals and ophthalmology clinics are raising demand for ophthalmic laser systems. Rising healthcare awareness and expenditure among developing economies are also expected to drive the market.

High costs associated with ophthalmic laser systems may however hamper the market growth. In addition, post-LASIC complications are estimated to remain a longstanding challenge to mass adoption of excimer and femtosecond ophthalmic laser systems.

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Based on product type, excimer laser systems will continue to dominate femtosecond lasers throughout 2016. The former is predicted to contribute over 60% to the total market share, whereas the latter will witness significant Y-O-Y growth in 2016. Despite considerable adoption due to persistent technological and functionality advancements, higher costs are expected to hold a negative impact on the femtosecond laser system sales.

On the basis of application, refractive surgery segment is predicted to account for the maximum revenue share of around 70%, in 2016. It will also witness the fastest growth, compared to other segments, including cataract surgery, capsulotomy, trabeculoplasty, and diagnostics. Cataract surgery segment is projected to be the second largest application area, witnessing substantial demand for excimer and femtosecond laser systems.

By end-user, ophthalmology clinics segment accounted for the highest revenues of US$ 279 Mn in 2015. It is estimated to attract hefty revenues in 2016 as well, reaching US$ 291 Mn. Hospitals and ambulatory surgical centres will gain an uptick; whereas multi-chain ophthalmology hospitals are foreseen to gain prominence across the U.S., owing to soaring demand for refractive surgery.

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Based on region, North America will remain the leading market and contribute over 30% revenue share to total market revenues by 2016 end. In terms of revenues, the market for excimer and femtosecond ophthalmic laser systems in N.

America is anticipated to reach a value of US$ 217 Mn in 2016, up from US$ 209 Mn in 2015. Western Europe will continue to witness significant adoption of excimer and femtosecond ophthalmic lasers, whereas Asia Pacific excluding China and Japan (APECJ) is projected to provide substantial growth opportunities.

APECJ is expected to remain a major market, owing to rapid improvisation of healthcare infrastructure in the region. China, with the highest growth rate in 2016, will represent the most lucrative market for excimer and femtosecond ophthalmic laser systems.

Key players in the global excimer and femtosecond ophthalmic laser market include Alcon Inc. (Novartis AG), Abbott Medical Optics, Inc., NIDEK CO., LTD, SCHWIND eye-tech-solutions GmbH & Co. KG, ZEISS International, Bausch & Lomb Incorporated, Ziemer Ophthalmic Systems AG, LENSAR, LLC., and iVIS Technologies.

Global Ambulatory Surgical Center Market Reached US$ 85.4 Bn In 2020, And Is Expected To Total US$ 130.6 Bn By 2031

As per a recent study by Future Market Insights (FMI), the global ambulatory surgical centers market totaled US$ 85.4 Bn in 2020. With sales growing at a 3.9% CAGR, the market valuation is poised to reach US$ 130.6 Bn by 2031.

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Increasing number of clinical procedures such as lithotripsy, coronary angiography, hemodialysis, radiotherapy (for cancer), and chemotherapy is driving demand for ambulatory surgical centers. Earlier, all clinical condition were treated in the hospital, be it a simple suturing procedure or a deep invasive procedure. These minimal invasive procedures led the count of inpatient admissions to increase, resulting in disorganization in the hospital environment. When a common outpatient procedure is performed in the ambulatory surgical center it saves up to 59% of the total spending, according to the Ambulatory Surgery Center Association.

These factors are driving investments in hospitals for the establishment of ambulatory surgical centers. This is expected to create lucrative opportunities for platers operating in the market, especially in developing regions.

“Growing demand for mobile healthcare services, coupled with favorable government policies encouraging the establishment of these centers in rural areas is expected to drive the market in the forthcoming years,” says an FMI analyst.

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Key Takeaways:

  • By centers type, the multispecialty centers segment is projected to account for 66.2%of the total market share in 2021, expanding at 4.3% CAGR during the forecast period.
  • Based on modality, the hospital-based segment is forecast to hold 60.2% of the market share in 2021.
  • Sales in the surgical services segment are anticipated to account for 68.1% of the total market share in 2021.
  • Demand in the gastroenterology segment is expected to command 30% of the total market share over the assessment period.
  • The U.S. forecast to account for 88.3% of the North America market share over the assessment period.
  • Sales in Germany are forecast to command 31.6% of the Europe market share in 2031.
  • China will emerge as a lucrative market, holding 45% of the East Asia market share over the forecast period.

Who is winning?

Key market players covered by FMI include AmSurg Corp, Tenet Healthcare, HCA Holdings, Inc., Surgical Care Affiliates, Inc., Surgery Partners, and Ambulatory Surgical Centers of America.

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Leading players operating in the global ambulatory surgical centers market are focusing on new service offering, collaborations, and partnerships to improve their product portfolios, and to strengthen their global presence. For instance:

  • In June 2021, Tenet Healthcare Corporation (NYSE: THC), and its subsidiary United Surgical Partners International (USPI) acquired SurgCenter Development (SCD) which will provide service for musculoskeletal facilities which is said to be a high growth Service line.
  • In September 2019, Tenet Healthcare Corporation and NTT DATA Services signed a new agreement that focuses on developing more efficient and well-organized infrastructure for the hospitals, and ambulatory centers. This agreement fits into a transformation of digital strategies and prioritizing straight into technological innovations. Furthermore, these innovations will help deliver quality services.

Medically Supervised Weight Loss Services Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Medically supervised weight loss services are programs offering the treatment in clinical settings under the licensed healthcare personnel including the doctor, physician, nurse, and dietitians. Medically supervised weight loss services usually provide guidance in terms of physical therapy and regulated dietary plans, and sometimes, includes behavioral therapy. In addition, the pricing of medically supervised weight loss services fluctuates based on the services offered.

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Medically supervised weight loss services are reimbursed in developed economies, in the cases of medical conditions such as cardiovascular disorder, hypertension, and diabetes. Medically supervised weight loss services also include drugs or medication intended for weight loss. Medically supervised weight loss services are advantageous as it is recommended by a medical physician that losing more weight preceding to surgery can considerably reduce the efficiency and timing of the surgery. In medically supervised weight loss services includes the monitoring of blood pressure, heart rate, blood sugar level, medication level, and activity level.

Medically Supervised Weight Loss Services Market: Drivers and Restraints

The growth of global medically supervised weight loss services market is generally driven by increasing prevalence of obesity on the global level. For instance, according to the estimates of U.S. Department of Health and Human Services, approximately 36.5% are suffering from obesity in U.S. alone during a time interval from 2011-2014. In addition, other factors increasing prevalence and incidence of the cardiovascular disorder, diabetes, and hypertension coupled with obesity and overweight are gardening the growth of global medically supervised weight loss services market. However, the factors such as high cost of the programs or services and lack of awareness are major obstacles to the market growth of medically supervised weight loss services.

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Medically Supervised Weight Loss Services Market: Overview

Medically supervised weight loss services are newly introduced programs based on the advancement in medical tools and facilities for monitoring of medical condition offering exact plans for weight reduction. With the increasing penetration of websites and online services, the market for medically supervised weight loss services is anticipated to show tremendous in the near future.

Medically Supervised Weight Loss Services Market: Region Wise Outlook

Geographically, medically supervised weight loss services market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. The market in North America is anticipated to hold the largest share of medically supervised weight loss services in the global market, followed by Western Europe, owing to the presence of sophisticated clinical infrastructure. In addition, increasing prevalence of favorable reimbursement policies and rising prevalence of obesity are impelling the market growth of medically supervised weight loss services. The market in Asia- Pacific region and Japan alone is anticipated to grow at a higher rate owing to the increasing development in the healthcare sector and presence of large population base. However, the market in regions such as Latin America, Eastern Europe, and the Middle East and Africa are estimated to show a steady growth over the forecast period. These regions are anticipated to show lucrative opportunities owing to the absence of any players of medically supervised weight loss services.

Medically Supervised Weight Loss Services Market: Key Players

Some of the market participants in the global medically supervised weight loss services market are Duke Diet & Fitness Center, Cooper Clinic, Center for Lifestyle Medicine, The Johns Hopkins Weight Management Center, Boston Medical Center, Geisinger Medical Center, UCLA Medical Center, and Scripps Clinic.

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.

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The report covers exhaustive analysis on:

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

Regional analysis includes

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

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 mark.

Point Of Care Blood Testing Devices Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Point of care or POC blood testing devices are easy handheld devices which are used to perform various blood tests. Point of care blood testing devices are used to obtain diagnostics test such as protein test, blood metabolites test, hormone blood test, INR or prothrombin test (PT), haemoglobin test and also used to test glucose level in blood. Point of care blood testing devices also referred by many different names such as remote testing device, near-patient testing device and rapid diagnostics devices.

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The protein test measures the total amount of the proteins which can be differentiated in albumin and globulin in the blood. The blood metabolites test perform to determine hyperthyroidism and hypothyroidism. The hormone blood test are performed to determine the hyperthyroidism, hypothyroidism, or fertility issues. INR test or prothrombin test are performed to check bleeding problems. Prothrombin test basically measures coagulation that how long it takes blood to clot. The haemoglobin test measures red blood cell count in blood. A glucose test measures the sugar level hyperglycemia or hypoglycemia in bloodstream and it is performed to determine diabetes.

Point Of Care Blood Testing Devices Market: Drivers and Restraints

The global market of the point of care blood testing devices is driven by the increasing awareness among the population regarding to diabetes in adults and children. The key drivers of the market are increasing incidence of diabetes and different types of medical test. The growing advancement technologies and the development of blood testing devices such as point of care blood testing analyzer, point of care blood testing analyzer and point of care diabetes analyzer are the prime factors to drive the market. The increasing growth in a number of diabetic patients and increasing demand for such devices is expected to drive the market. The lack of knowledge and lack of experience in using these advanced technologies can act as a restraint to the market.

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Point Of Care Blood Testing Devices Market: Overview

The increasing awareness among the people and the increasing advancement technologies are expected to drive the market. The point of care blood testing devices market is classified by product type, by technologies and the distribution channel. In terms of product type the global market of the point of care blood testing devices segmented into diabete POC analyzer, coagulation POC analyzer, POC blood analyzer and hematology POC reader. By technologies, the global point of care blood testing devices market is segmented into printer devices, touch-screen devices and hand-held devices. BY distribution channel, the global point of care blood testing devices is segmented into retail prices, hospitals, clinics, health centers and homecare settings.

Point Of Care Blood Testing Devices Market: Regional Overview

On the basis of geography, the global surgical eyeglasses market is segmented as North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, Japan, Middle East and Africa. North America is expected to lead the market due to better economic condition, better healthcare facilities and better government initiatives. Europe market is expected to hold the second largest market share followed by Latin America due to increasing awareness and increasing adoption of advanced technologies.

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Market: Key Players

Some of the players in point of care blood testing devices market are F. Hoffmann-La Roche Ltd., Getein Biotech, Inc., Abbott Diagnostics Inc., Callegari Srl, Goldsite Diagnostics Inc, TaiDoc Technology Corporation, Alere Inc, MED TRUST and 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.

The report covers exhaustive analysis on:

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

The regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The 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, macroeconomic 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.

Liquid Biopsy Market is expected to grow US$ 3,637 Million at a Rising CAGR of 13.49% during 2021-2031

As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI), the global liquid biopsy market is expected to reach a market valuation of US$ 1,026 Mn in 2021.

With the introduction of innovative molecular diagnostic tests and growing demand from biotech and pharmaceutical companies, the market is poised to expand at a stellar 13.49% CAGR, reaching US$ 3,637 Mn by 2031.

Growth of the liquid biopsy market is attributable to rising incidence of cancer across several countries, which is highlighting the pressing need for faster, simpler, and more convenient diagnostic procedures. Liquid biopsy procedures are minimally invasive and cost-effective, which is making them a favorable choice for cancer diagnosis procedures.

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Besides this, increasing government-backed initiatives to support cancer research across the U.S., Japan, India and the UK will drive innovation and developments in liquid biopsy services. Also, fast track approval from regulatory bodies for novel procedures will bolster the growth over the coming years.

Additionally, technological advancements such as the incorporation of machine learning and microchip-based liquid biopsy systems will further strengthen growth prospects in the market.

 

Liquid Biopsy Market

As per the market survey, counties including the U.S., the U.K, and Japan will be at the forefront of innovation and adoption of liquid biopsy services, owing to the presence of leading players and prevalence of numerous high-potential cancer research institutes.

Germany, India, and China will emerge as high growth potential markets, with increasing investments by the government for improving the healthcare infrastructure, which will create attractive opportunities to global biotech players for market expansion.

Key Takeaways from the Liquid Biopsy Market Analysis

Based on markers, circular tumor cells (CTC) are poised to emerge dominant in the forthcoming years.Blood samples will emerge as the most preferred sample typeIn terms of applications, liquid biopsy will be widely preferred for lung cancer diagnosis.Cancer institutes are expected to remain dominant end users, accounting for over 40% of the total revenue share.The U.S. will showcase high growth during the forecast period, due to the presence of major liquid biopsy product manufacturers.The U.K. will emerge as an avenue for product innovations and development, further solidifying growth prospects.Japan is anticipated to witness upswings in sales, owing to government-led cancer research initiatives.India is expected to showcase high demand for liquid biopsy products, owing to the increased funding by government and expansion of healthcare infrastructure.Competitive Landscape

BIOCEPT, INC., Qiagen N.V., Trovagene, Inc, Janssen Global Services, LLC, MDxHealth SA, Natera, Inc, F. Hoffmann-La Roche Ltd, Silicon Biosystems, Pathway Genomics Corporation, and Sysmex Corporation are among top manufacturers of liquid biopsy products, as profiled by FMI. As per the market survey, tier-1 companies are anticipated to account for approximately 20-25% of the total market share.

Strategic collaborations, partnerships, and product innovations are some of the prominent growth strategies applied by leading market players to establish a strong foothold in the liquid biopsy market. For instance:

In June 2021, Biocept Inc., collaborated with Quest Diagnostics, a New Jersey-based clinical laboratory, to offer laboratory services to Quest patients for its Target Selector NGS-based liquid biopsy lung cancer panel.In February 2021, Menarini Silicon Biosystems, a leading developer of liquid biopsy and single-cell technologies, launched its innovative CellMag product line for staining and detection of rare circulating tumor cells (CTCs).Ask an Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-1396

Why Future Market Insights?

Comprehensive analysis on evolving purchase pattern across different geographiesDetailed insights of market segments and sub-segments for historical as well as forecast periodA competitive analysis of prominent players and emerging players in the keyword marketDetailed information about the product innovation, mergers and acquisitions lined up in upcoming yearsGround breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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

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Protein A-Resins Market Witnessing Investment Exodus From Biopharmaceutical Manufacturers

According to a recent study by Future Market Insights (FMI), the global protein A resins market is expected to witness high growth during the forecast period. The market is expected to grow from US$ 536.6 Mn in 2020 to over US$ 1.2 Bn by 2031. This reflects a cumulative CAGR of around 8.1% over the forecast period (2021-2031).

Increasing researches conducted on monoclonal antibodies are driving demand for protein A resin. Since the commercialization of the first therapeutic monoclonal antibody in 1986, till May 2021, around 100 monoclonal antibody products have been approved by the U.S. FDA and European Medical Agency for the treatment of various diseases such as cancer.

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Monoclonal antibody therapy for the treatment of mild to moderate COVID-19 in patients has also been approved by the FDA under Emergency Use Authorization (EUA).

Studies on monoclonal antibodies have indicated that more monoclonal antibody therapies are in the process of getting FDA approval and can be marketed in the near future to cater to rising demand in the global life sciences industry. Thus, increasing research on monoclonal antibodies (mAb) is expected to fuel the demand and utilization of protein A resin for purification and precipitation purposes.

For the purification of monoclonal antibodies (mAb), different technologies are available which includes membrane chromatography, mixed chromatography, and aqueous two-phase extractions (ATPS). However, protein A resin holds the top position for the purification of mAbs.

With many industries facing issues of leaching of ligand and resistance during the commercialization of monoclonal antibodies (mAbs), the availability of next-generation protein A resins with improved purification conditions, such as alkaline-stability, and with very low ligand leaching, is expected to increase the production and throughput demand for protein therapeutic processes.

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Furthermore, in June 2018, Purolite Life Sciences launched a novel next-generation Protein A agarose resin, Praesto Jetted A50. GE Healthcare, in 2017, introduced a next-generation protein A resin, MabSelect PrismaA, which was designed to enable biopharma manufacturers to improve their mAb purification capacity by up to 40% over GE Healthcare’s existing protein A affinity medium. These product launches are expected give tailwinds to growth registered in the market.

Such developments not only strengthen the company’s existing portfolio but also help to increase their presence at the regional as well as global level.

Key Takeaways from Protein A Resin Study

  • By product, the natural protein A resin hold the maximum share of 62.8% in 2021. Natural protein A is derived from a bacterial cell of the staphylococcus aureus species and mainly used in the purification of monoclonal antibodies.
  • By matrix, the agarose based matrix of protein A resin account for 85.8% of the market share in 2021 indicating the highest demand, offering high binding specificity when in comparison to other matrices and are widely used for the attachment of ligands that bind proteins.
  • By application, the antibody purification of protein A resin segment will account for 74.8% of the market share in 2021.
  • By end user, the biopharmaceutical manufacturers will account for 79.2% of the market share in 2021.
  • By region, North America held the largest share of 35.7% of the global protein A resins market in 2021.
  • The U.S. will emerge as a leading market in North America, while growth registered in Europe will be spearheaded by Germany and the U.K.

“Increasing demand of protein A Resins for biologics production including monoclonal antibody and biosimilars is expected to drive the demand of protein a resin over the decade. To capitalize on existing opportunities, market players are expected to push investment towards product launches and research initiatives,” says the FMI Analyst

Who is Winning?

Some of the leading manufacturers of protein A resin market are focusing on product launch collaboration and partnership strategies for global expansion objectives, thereby, enhancing their market presence.

  • In August 2021, Danaher Corporation acquired Aldevron and stated that Aldevron will work as a stand-alone operating firm and brand within the life sciences segment of Danaher to provide a vast range of custom biologic services, including plasmid DNA production, mRNA production, and antibody development.
  • On 11 February 2021, Thermo Fisher Scientific Inc. started the online offering of its essential Thermo Scientific Dionex Easion and Thermo Scientific Dionex Aquion Ion Chromatography (IC) systems through easy online ordering.  This step was undertaken in order to reduce the in-person transaction during the pandemic.
  • In October 2020, Kaneka Corporation collaborated with the biomedical research institute “de Duve Institute” of the University of Louvain, wherein they signed a research collaboration agreement in order to develop innovative biomedicine production technologies and strengthen and expand the company’s current biomedicine CDMO business.
  • In April 2020, Bio-Rad Laboratories, Inc. launched a blood-based immunoassay kit to identify antibodies to the coronavirus SARS-CoV-2, the virus associated with COVID-19.

The key market players covered by FMI include GE Healthcare, Thermo Fisher Scientific, Kaneka Corporation, JNC Corporation, Purolite Life Sciences, Bio-Rad Laboratories, Inc., JSR Corporation (JSR Life Sciences LLC), Repligen, Tosoh Bioscience, Merck Group (Merck Millipore), Novasep Holdings SAS, Agilent Technologies, Inc., GenScript, Abcam PLC (Expedeon Ltd.), Avantor Inc., Takara Bio, PerkinElmer, Inc., Suzhou Nanomicro Technology Co., Ltd.