Endoscopy Fluid Management Systems Market Insights, Deep Analysis of Key Vendor in the Industry

Laparoscopy Suction Irrigation Pumps are likely to remain the top selling product type, whereas developing economies are projected to demonstrate impressive revenue growth in coming years.

Providing a brief overview of the FDA regulations for Class II medical devices such as endoscopes, a new study presented by Future Market Insights offers an exhaustive assessment of the global endoscopy fluid management systems landscape for a 10-year projection period, 2018-2028.

According to the FMI study, as the Tier 1 players continue to contribute over 70% share of the market revenue, the global endoscopy fluid management systems landscape remains a highly consolidated space.

The report covers extensive profiling of the top four performers including a few of the biggest industry names such as Stryker Corporation and Olympus Corporation. However, research indicates that even local players have strong penetration in regional markets.

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Top 3 Insights from Key Players Analysis

While a majority of companies are focusing on new product launches, strategic mergers and acquisitions are likely to emerge the most profitable developmental decisions in the near future. Most of these strategic moves will be primarily directed to address the high price point pressure associated with endoscopy fluid management systems that often affects revenue growth in developing economies. Major hospital networks in developed regional markets are witnessing M&A between hospitals, which is likely to shape costing of medical devices such as endoscopy fluid management systems – eventually slashing down the profitability margins of manufacturers. “Constantly increasing chronic disease instances, coupled with immense technological advances in the field of endoscopy, is prominently driving the US$ 342 Million market for endoscopy fluid management systems (or irrigation pumps) in recent years,” says a senior research analyst at the company.

Prominent Players:

Karl Storz GmbH & Co KG
Olympus Corporation
Richard Wolf GmbH
Smith & Nephew
Stryker Corporation
DePuy Synthes (Johnson & Johnson Services Inc.)
Cantel Medical Corporation
Medtronics Plc.
B. Braun Medical Inc. and Hologic Inc

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Top 5 Insights from Segmental Analysis

With maximum use in laparoscopic procedures, endoscopy fluid management systems continue to register maximum revenue generation through sales of laparoscopy suction irrigation pumps, followed by laparoscopy fluid management systems.

Based on the modality of endoscopy fluid management systems, the Benchtop holds a substantial market value share.

Hospitals register the highest consumption of endoscopy fluid management systems.

Owing to a massive number of cancer survivors in the US, North America’s market for endoscopy fluid management systems is currently accounting for the largest revenue share in the global landscape, followed by Asia Pacific and Europe.

MEA and Latin America are likely to represent a significant incremental opportunity, according to FMI study.

Healthy Year over Year Revenue Growth Projected for Asia Pacific

APAC has become the hotspot for leading medical device companies, which is further intensified by dramatically growing medical tourism sector. Across APAC, Japan is likely to account for substantial revenue generation, enabling the regional market secure second spot in the global endoscopy fluid management systems landscape. FMI projects over 7% year on year revenue growth in 2020 and beyond, for this regional market.

Government Regulations Favor Market Growth in Latin America

Latin American market for endoscopy fluid management systems is thriving at a promising pace owing to favorable government initiatives regarding endoscopic procedures and medical device marketing. Noteworthy demand for laparoscopy suction irrigation pumps within the region is identified to be responsible for the rapid revenue growth of endoscopy fluid management systems marketplace across Latin America.

Egypt’s End Users Drive Market Growth in MEA

The market for endoscopy fluid management systems in MEA is prominently driven by the improving regulatory landscape related to the marketing of medical devices, pushed further by impressive sales of laparoscopy suction irrigation pump based endoscopy fluid management systems. FMI spots higher market attractiveness in Egypt owing to the presence of a large number of end users. However, poor operational environment still remains a major growth barrier for the region.

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Segmentation

The report offers a comprehensive taxonomy of the endoscopy fluid management systems market based on product type, end user, modality and region. Endoscopy fluid management systems are used for various types of endoscopic surgeries such as hysteroscopy and laparoscopy.. End-user segments in the endoscopy fluid management systems market include hospitals, ambulatory surgical centers and other end users, such as specialty clinics & diagnostic centers.

From a regional perspective, the endoscopy fluid management systems market has been analyzed across North America, Latin America, Europe, Asia Pacific and Middle East & Africa.

Rowing Boats Market In-depth Analysis by Trends, Dynamics, Drivers, Challenges and Growth Factors by 2029

This Rowing Boats market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Rowing Boats market.

Rowing Boats Market: Introduction

Rowing boats are the boats which are propelled through use of oars on the water. The rowing boats are generally used for the racing purpose and have a great prominence across the numerous parts around the globe. The rowing sport is often regarded as one of the oldest sports in the Olympics and also Paralympics. Though the rowing boats primarily find their applications only for the racing purpose, the phenomenon of recreational boating has also gained substantial prominence in the recent past. This also induced the need of rowing boats for the recreational purposes and subsequently emphasized the use of rowing boats for the amateurs and non-professionals.

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Rowing Boats Market: Dynamics

The use of rowing boats has gained prominence as the recreational boating which has become a phenomenon across the globe which is anticipated to provide ample sales to the rowing boats in the forthcoming years. Many boating companies have made the recreational boating safer, reliable and convenient which has got significant attraction across the globe and further provide a broader customer base for the rowing boats market.

The rowing boats is also a famous sport which has seen a resurgence in terms of spectators and athletes are willing to make it a professional sport. This is expected to invoke the sales of the high end rowing boats which are employed for the use in professional rowing sport. Due to the inclusion in the Olympic Games rowing boats has been recognized worldwide and also said to pivot the possible growth in the rowing boats market.

With increasing alternatives for the recreational boating such motor boats instead of boats with rowers and Jet Ski is expected to bring a significant downturn for the recreational rowing. The intense and fierce competition amongst the market players to manufacture products at the minimal price which is anticipated to slash down the profit margin of these companies at a considerable extent.

The rowing boats for the recreational boating purposes and as a sport have prominence in the particular regions which effectively restricts the growth of the market on the global perspective.

Rowing Boats Market: Regional Overview

The North America market is said to undergo a significant growth pertaining to the growing trend of recreational rowing in the many country clubs, resorts and luxury tourist destinations. The rowing as a sport has a great following in the U.S. and Canada which is anticipated to promote the growth in the sales of rowing boats market in the region. Latin America is also expected for a decent growth with the growing traction in the market of Brazil. The Europe market will mainly be governed by the growth perspective in the market of U.K., Portugal and the European countries with numerous tourist destinations. The market of South Asia is anticipated for a moderate growth over the slated period of time owing to the limited attraction for recreational rowing and the underdeveloped rowing sporting culture in the region. The market of East Asia is also estimated to witness a sluggish growth rate for the period of forecast. The market of Oceania is expected to have a hefty growth owing to the emergence of the manufacturers which are working on strengthening their sales channel in the region and the increasing attraction for recreational as well as rowing as a sport. The market of MEA is anticipated to remain stagnant over the period of forecast as the countries in African region are less likely to improve their share in the market.

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Rowing Boats Market: Market Participants

Some of the prominent manufacturers of the Rowing Boats which are expected to cater as the key market players are listed below,

  • Row Alden
  • Durham Boat Company
  • ECHO ROWING
  • Euro Diffusion’s
  • Empacher
  • FILIPPI LIDO SRL
  • Leo Coastal
  • Whitehall Rowing & Sail
  • Rowing yard Wiersma
  • Kiwi International Rowing Skiffs Ltd.
  • Sykes Racing
  • Vega Réalisations composites

The research report presents a comprehensive assessment of the Rowing Boats 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 Rowing Boats Market segments such as geographies, product type, and end use.

The report covers exhaustive analysis on:

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

Regional analysis includes:

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

The global Rowing boats Market 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 global Rowing boats Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The global Rowing boats Market report also maps the qualitative impact of various market factors on market segments and geographies.

Rowing Boats Market: Segmentation

On the basis of end use, rowing boats can be classified as,

  • Recreational Rowing boats
  • Racing Rowing boats

On the basis of passenger capacity, rowing boats can be classified as,

  • Rowing boats with a single rower
  • Rowing boats with two rowers
  • Rowing boats with four rowers
  • Rowing boats with eight rowers

On the basis of product type, rowing boat can be classified as,

  • Sweep Rowing boats
  • Sculling Rowing boats
  • Adaptive Rowing boats
  • Coastal Rowing boats
  • Lightweight Rowing boats
  • Racing shell Rowing boats

On the basis of design, Rowing boats can be classified as,

  • Coxed Rowing boats
  • Coxless Rowing boats

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Report Highlights:

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

Balloon Catheter Market Prospects and Growth Assessment 2031

According to a recent study by Future Market Insights (FMI), the global balloon catheter market is expected to witness high growth during the forecast period. Sales are expected to reach US$ 5.1 Bn by the end of 2031. This reflects a cumulative CAGR of around 4.0% over the forecast period (2021-2031).

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Drug eluting balloons are playing an important role by facilitating the push mechanism, through the drug treatment. Excipient coated balloons offer a high efficacy and viability for the transfer of the drug.

Development in such technologies is increasing the use of balloon catheters, boosting the market. Hence, to gain competitive edge, key players are developing advanced drug eluting balloon.

Subsequently, these companies are getting approvals from the governments to commercially manufacture these balloons. This is expected to bode well for the growth in the market.

Furthermore, due to prolonged stay at the hospital in angioplasty procedures, preference for the same is decreasing among patients with coronary artery disease (CAD). Hence, with attributes such as minimal invasion of drug eluting balloon catheters, demand is increasing among CAD patients.

Hence, efforts are being taken by public authorities, NGO’s, and government to spread awareness regarding the positive benefits of balloon catheters. For instance, campaigns such as “Spread the Word Campaign”, educating women on CAD and its treatments solutions by Healthy Women and National Association for Nurse Practitioners.

A slew of such activities are expected to increase the demand for balloon catheters over the forecast period.

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Key Takeaways

  • By product, normal balloon catheter holds the maximum share of 43.9% in 2021, expanding at 0.8% CAGR during the forecast period.
  • By indication, coronary artery disease is anticipated to account for nearly 71.5% market share in terms of value due to the high prevalence of coronary artery diseases across the globe
  • By raw material, the nylon segment holds 46.3% of the market share, registering 4.0% CAGR  in 2021
  • Polyurethane catheters are expected to hold second-largest share, contributing 34% of overall sales in 2021.
  • By end user, the hospital segment will account for 70.5% of the market share in 2021 due to the availability of advanced technology and need for minimally invasive surgical procedures.
  • By region, North America held the largest share of 31.7% in the global Balloon Catheter market in 2021.

“Rising incidence of cardiovascular and peripheral artery diseases, growing preference for minimally invasive surgeries, and increasing number of stenting and angioplasty procedures are expected to drive the demand for balloon catheters over the decade,” says the FMI Analyst

Who is winning?

Some of the leading manufacturers of balloon catheters market are focusing on product launches for expansion of their product portfolio. They are also aiming for strategic mergers and partnerships, thereby, strengthening their global presence.

  • In January 2021, Shanghai MicroPort Medical (Group) Co., Ltd. received official license from the Taiwan Ministry of Health and Welfare (MOHW) for its proprietary coronary balloon dilatation catheter, Firefighter™ NC. This new technology will help in dilatation of the stenosed coronary tracts and improve myocardial perfusion.
  • MicroPort Scientific Corporation, on 8 June 2021, introduced trademark Cardiac Cryoablation System known as IceMagic consisting of cryoablation device, cryoballoon catheters, a disposable cardiac mapping catheter. The company with innovative use of cryogenic technology aims to make their entrance into the foreign market outside of China in the treatment of atrial fibrillation.

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Bus Chassis Market Research Report: Key Drivers and Restraints, Opportunities, Industry Share & Trend Analysis Report to 2029

Chassis is an integral part of the vehicle also known as support structure or frame of the vehicle. Bus Chassis consists of structural underframe, engine, radiator, wheels, hcv axles, suspension, gearbox, transmission, dashboard, steering wheel, and driver’s seat. Bus Chassis bears all the stresses on the vehicle in both static and dynamic condition. Chassis plays an important role in maintaining the drive comfort and durability of the structural components. Increasing demand for luxurious buses from private bus fleet owners and corporate offices is anticipated to support the demand for new buses and successively fuel the growth of bus chassis market all across the globe. Owing to the increasing sales of buses, the demand for durable, light weight and high strength Bus Chassis is estimated to witness significant growth during the forecast period. This in turn is anticipated to substantially contribute to the growing market of Bus Chassis during the forecast period.

Bus Chassis Market: Dynamics

Growing concerns over pollution caused, particularly by automobiles, has forced governments in several nations to make few drastic dealings to maintain a regional or country level pollution check. This in turn is leading towards increasing investments in alternative fuels and electric vehicles. Significant increase in demand for electric buses is estimated to drive the growth of global bus chassis market during the forecast period. Rapidly increasing services sector in several countries, and rising trend of providing pick and drop facilities to the employees is estimated to be a key driving factor for the demand of new buses and consequently for the growth of bus chassis market.

Though the global Bus Chassis market is anticipated to witness significant growth in the coming years, the manufacturers have to face few challenges in order to generate maximum revenue from the target products. Lack of better inter-city public transportation facility in various countries is causing substantial increase in the private vehicle ownership. This in turn is estimated to contribute to the growing automotive market which subsequently act as a key restraining factor to the growth in demand for buses. However, increasing investment by governments in maintaining an easy and proper public commute is estimated to support the demand for buses and subsequently the bus chassis in the coming years. Increasing traction of passengers towards other means of transport including air transport, waterways and railways is also estimated to be a key challenging factor which might hinder the growth of the bus chassis market.

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Bus Chassis Market: Regional Outlook

Rapid urbanization in various developing countries across the globe, led to increase in demand for basic services including housing, water, sanitation and transport. Asia Pacific region is estimated to project significant opportunities in the global bus chassis market owing to relatively higher demand for public and private transit buses in the region. Countries including China and India are expected to be at the forefront in terms of growth in the global bus chassis market. Developed regions including North America and Europe is also estimated to witness significant growth in the coming years on the backdrop of increasing demand for electric buses.

Bus Chassis Market: Key Participants

Examples of some of the market participants identified across the value chain of the global Bus Chassis market include:

  • Dongfeng Motor Corporation
  • TATA MOTORS
  • Daimler India Commercial Vehicles Pvt. Ltd.
  • Scania AB
  • Eicher Motors Limited
  • AB Volvo
  • Ashok Leyland

The research report presents a comprehensive assessment of the Bus Chassis 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 Bus Chassis Market segments such as geographies, valve type, and vehicle type.

The report covers exhaustive analysis on:

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

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Regional analysis includes:

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

The global Bus Chassis Market 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 global Bus Chassis Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The global Bus Chassis Market report also maps the qualitative impact of various market factors on market segments and geographies.

Bus Chassis Market: Segments

The global Bus Chassis market has been segmented by Bus Type, Axle Type, by Chassis Frame and by Propulsion Type

By type of Bus Type, the global Bus Chassis market is segmented into

  • Public Transit Bus Chassis
  • Private Transit Bus Chassis
  • Corporate Bus Chassis
  • School and College Bus Chassis
  • Special Purpose Bus Chassis (Defense, RVs, Tourist Buses etc.)

By type of Bus Axle, the global Bus Chassis market is segmented into

  • Single Axle Bus Chassis
  • Multi Axle Bus Chassis

By type of Chassis Frame, the global Bus Chassis market is segmented into

  • Ladder Frame Bus Chassis
  • Tubular Space Bus Chassis

By type of Propulsion, the global Bus Chassis market is segmented into

  • Diesel Engine
  • CNG
  • Electric

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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

Special Purpose Needles Market Revenue Growth Predicted by 2026

The global Special Purpose Needles Market is projected to be valued at US$ 17,261.5 million by the end of 2026, registering a CAGR of 7.4% during the forecast period (2016–2026). In a new report titled “Special Purpose Needles Market: Global Industry Analysis and Opportunity Assessment, 2016–2026”, Future Market Insights delivers key insights on the factors and trends impacting the global special purpose needles market over a 10-year forecast period (2016–2026).

The market for special purpose needles is witnessing steady growth across the globe owing to an increasing geriatric population. According to analysts at Future Market Insights, “Increasing prevalence of diabetes and infectious diseases and increasing incidence of cancer and spine disorders across the globe are the primary factors driving the growth of the global special purpose needles market.” Availability of better reimbursement options for some types of special purpose needles in developed economies is likely to propel demand for special purpose needles over the forecast period. A key trend witnessed in the global special purpose needles market is the development of advanced techniques in the production of special purpose needles to facilitate enhanced patient safety and comfort. However, rise in awareness on needle free injections and risks associated with injections are major factors expected to hamper the overall growth of the special purpose needles market over the forecast period.

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The global special purpose needles market can be segmented on the basis of product type (Fine Aspirating Needles, Biopsy Needles, Hypodermic Needles, Pen Needles, Suture Needles, IV Catheter Needles, Implantation Needles, Dental Needles, Ophthalmic Needles, Blood Collection Needles, Spinal Anaesthesia Needles, Epidural Needles, AV Fistula Needles, Cannula Needles); application (Sample Collection, Drug Delivery); and distribution channel (Hospital Pharmacies, Private Clinics, Retail Pharmacies and Drug Stores, E-Commerce).

Segmentation highlights

The Pen Needles product type segment is expected to gain popularity over the forecast period, driven by increasing global adoption of small sized needles for insulin injections. The Pen Needles product type segment is estimated to reach a valuation of US$ 644.3 Mn by the end of 2016, registering a CAGR of 9.1% over the forecast period.

The Sample Collection application segment is estimated to register a CAGR of 7.7% while the Drug Delivery application segment is expected to register a CAGR of 7.1% during the forecast period.

Demand for special purpose needles over the forecast period is expected to be the highest in the Hospital Pharmacies distribution channel segment, which is expected to register a CAGR of 8.5% in terms of value.

Regional forecast

The North America market has been estimated to dominate the special purpose needles market while the market in APEJ is expected to be the fastest growing in terms of revenue growth. The markets in North America, Western Europe, and APEJ are estimated to collectively hold 74.7% market share of the global special purpose needles market in 2016.

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Vendor insights

Medtronic, B. Braun Melsungen AG, Becton, Dickinson and Company, Terumo Corporation, Smiths Medical, Boston Scientific Corporation, Novo Nordisk A/S, Argon Medical Devices, Inc., Stryker Corporation, NIPRO Medical Corporation, Cook Medical, and SERAG-WIESSNER GmbH & Co. are some of the major companies operating in the global special purpose needles market. These companies are adopting innovative strategies to bring in improvements to their product design and are initiating advanced R&D activities and market consolidation to strengthen market foothold and expand customer base.

Why Future Market Insights?

Comprehensive analysis on evolving purchase pattern across different geographies
Detailed insights of market segments and sub-segments for historical as well as forecast period
A competitive analysis of prominent players and emerging players in the Special Purpose Needles Market
Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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Platform Lifts Market Trends, Key Driven Factors, Region-wise Outlook, Technology, Segmentation And Forecast To 2021-2028

Platform lifts are primarily designed to give reasonably priced access to people who have difficulty with a staircase. These platform lift are available in the market with different size and shape according to the application. Platform lifts are installed in low rise buildings where passenger lifts are not available. Each platform lifts has different advantage depending on the installed area and the functionality of the lift in the needed area. Platform lifts are used in both indoor and outdoor application in residential and commercial buildings. Segmentation of platform lifts is based on the installation platform such as vertical, inclined and portable platform; inclined platform lift has impeccable accessibility options in buildings with space constraints. Furthermore, vertical platform lift ensure safety and secure access in vertical direction, however portable platform lifts are simple and easy to use accessibility options. Platform lifts provide access to different levels such as transporting injured people, moving goods and merchandise, equipment and people that need medical attention amongst others. Platform lifts are able to carry lot of weight while retaining its speed and safety with high efficiency. Platform lift does not require a lot of space and is easily accommodable in less than 2 sq. feet of space. The compact nature of platform lift makes them suitable to be installed in low space areas. Platform e lifts are mainly operated through three mechanisms: guided chain driven, hydraulic driven, and screw driven. All of these mechanisms do not pose any risk to the user and are safe to use. Platform lifts market offers substantial growth opportunities for the new entrants and existing players in the market.

Platform Lifts Market: Market Dynamics

Consumer inclination towards leisure facilities has increased substantially in the last few years due to high growth in the disposable incomes in the developed as well as in the developing countries. The recent trend observed in the platform lifts market is that the better customers are treated the more they tend to spend and there are higher chances of their return. Therefore, global retailers are focusing more on enhancing the customer experience in their stores. The global population of 60 years and older people is expected to witness very high growth and is expected to nearly double from 12% in 2015 to 22% in 2050. This will also accelerate the demand for platform lifts in the global market. Government authorities all over the world are also focusing to uplift the community of disable peoples. According to Disability Discrimination Act 1995, it is mandatory for every cinema, museum, restaurant, hotel, and other leisure facilities to have easier access in every area for people with walking difficulties and who are using wheelchairs. Such rules and regulation will also contribute to upsurge the demand for platform lifts.

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Platform Lifts Market: Regional outlook

North America is expected to remain platform lifts market frontrunner over the forecast period. High installment of platform lifts in residential and commercial building in U.S. and Canada is expected to deliver high growth for the platform lifts market. Europe platform lifts market is estimated to gain high traction as government in European countries raise new standards for the safety requirement of the platform lift. The factors such as increasing purchasing power of people, developing infrastructure, and improved consumer sentiments are altogether driving the quality of living people, which in turn, increases the demand for platform lifts. Large number of platform lift manufacturers are setting up their manufacturing units across the India and China, and this is expected to upsurge the demand for platform lifts on domestic level. Manufacturers in Japan are focusing on product innovation to develop new and advanced products and advancement of manufacturing techniques to cater to the demand from respective end customers. Latin America and Middle East is also expected to deliver positive growth in platform lifts market, over the forecast period.

Platform Lifts Market: Key Market Players:

Examples of some of the market participants in the global platform lifts market identified across the value chain include

  • Dover Corporation
  • Express Lift
  • Fujitec Co. Ltd.
  • HyundaiElevator
  • Mitsubishi Electric
  • SchindlerElectric
  • Otis Elevator
  • Kone Motala
  • ThyssenKrupp

The platform lifts 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 platform lifts research report provides analysis and information according to market segments such as geographies, application, and industry.

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The Platform lifts report covers exhaustive analysis on:

  • Platform lifts Market Segments
  • Platform lifts Market Dynamics
  • Platform lifts Market Size
  • Supply & Demand of Platform lifts
  • Platform lifts Market: Current Trends/Issues/Challenges in Platform lifts Market
  • Competition & Companies involved in Platform lifts
  • Technology in Platform lifts Market
  • Value Chain of Platform lifts Market

Platform lifts Market Regional analysis includes:

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

The platform lifts market 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 platform lifts market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The platform lifts market report also maps the qualitative impact of various market factors on market segments and geographies.

Platform Lifts Market: Market Segmentation

Platform Lifts Market can be segmented on the basis of product type, platform type and end use application

On the basis of product type, platform lifts market can be segmented as

  • Low Speed platform Lift
  • Cabin Lift
  • Enclosed Platform Lift
  • Open Platform Lift
  • Wheelchair Platform Stairlift

On the basis of platform type, platform lifts market can be segmented as

  • Vertical Platform Lifts
  • Inclined Platform Lifts
  • Portable Platform Lifts

On the basis of end use type, platform lifts market can be segmented as

  • Residential area
  • Commercial office
  • Public applications

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Report Highlights:

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

GCC Syringes and Needles Market Expectations and Growth Trends Highlighted Until 2031

According to a recent study by Future Market Insights (FMI), the GCC syringes and needles market is expected to register high growth during the forecast period. The market is expected to grow from US$ 525.4 Mn in 2020 to over US$ 1.33 Bn by 2031. This reflects a CAGR of around 8.8% over the forecast period (2021-2031).

GCC countries have been prioritizing their healthcare sector owing to the increasing population along with a growing burden of geriatric population. There has been a significant increase in the prevalence of lifestyle disorders and other chronic non-communicable diseases in these countries.

This has resulted in the high demand syringes and needles as systems for accurate drug delivery for the treatment of various chronic ailments.

Government reforms and initiatives have been introduced to improve their healthcare systems and various changes have been made to improve the efficiency and quality of healthcare system in the countries. Favorable policies aimed at expansion of healthcare sector will present conducive environment for the growth of the market.

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According to an article published in the Saudi Medical Journal, the prevalence of diabetes was around 31.6% in the Kingdom of Saudi Arabia in the year 2017. Furthermore, increasing prevalence of other chronic diseases such as cardiovascular diseases, cancer, and other non-communicable diseases along with diabetes, which require long term care, contribute majorly in the increasing demand for disposable syringes and needles in these countries and will positively impact the market growth over the forecast period.

In February 2021, the Chairman of Department of Health, His Excellency Mohammed Al Hamed visited the Abu Dhabi Medical Devices company’s headquarters factory to oversee the efforts been taken to contribute to the COVID-19 pandemic since the company has made collaborations with various international organizations like UNICEF and COVAX to supply syringes and needles for the vaccination program worldwide.

Such developments not only strengthens the company’s existing portfolio but also help to increase their presence at the regional as well as global level, and helps companies to sustain the increasing competitive pressure. These developments are expected to favor growth of the GCC syringes and needles market.

Key Takeaways from GCC Syringes and Needles Study

  • Hypodermic syringes and needles will remain the top-selling product in the market, accounting 87.6% of demand in 2021.
  • By usability, the disposable syringes and needles will account for dominant share of 81.3% in the market in 2021.
  • By material, the polymer syringes and needles are expected to register high demand. Sales in this category will grow by 8.9% during the forecast period.
  • By end user, the hospital segment will account for 66.9% of the market share in 2021.
  • By countries, Kingdom of Saudi Arabia (KSA) is anticipated to hold the largest share of 73.6% of the GCC syringes and needles market in 2021.

The key market players covered by FMI include Becton, Dickinson and Company, Nipro Corporation, Baxter International Inc., B. Braun Melsungen AG, Terumo Corporation, Medtronic PLC, Smiths Group PLC,  Abu Dhabi Medical Devices Company, SAAPP (FZC) LLC. and IBN Sina Medical Factory

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3D Medical Implants Market Key Opportunity, Analysis, Growth, Trends 2027

The three-dimensional (3D) medical implants are medical devices that offer aids in the medical reconstruction procedures of physical faults and abnormalities of the body. The 3D medical implants are commonly additively manufactured using 3D printers; which allow to develop complex geometry features and customized implants specific to the patients’ anatomy. The 3D medical implants technology integrates virtual computer-aided surgical planning and facilitating accurate and effective treatment of the complex malformations. Furthermore, the 3D medical implants have proved to be time saving and cost saving procedures as it does not involve multi-step surgical procedures or additional surgical tools. Over the years, 3D medical implants has undergone tremendous development and is widely used in the healthcare sector. To date, FDA has granted clearance for several 3D medical implants which includes hearing aids, dental crowns, bone tether plates, skull plates, hip cups, spinal cages, facial implants, knew trays, etc.

3D Medical Implants Market: Drivers and Restraints

The growth of 3D medical implants market is primarily driven by increase in geriatric population who are at high risk of diseases and disorders such as osteoarthritis, loss of hearing and others. In addition, rise in rate of accidents across the globe, leading to the need of medical implants is anticipated to fuel the 3D medical implants market. The increasing trend of end product customization owing to the low cost and less time consumption procedures, better fit, improved performance and just-in-time delivery leading to inventory reduction is expected to increase the demand of 3D medical implants market. Furthermore, the increasing FDA approvals and wider acceptance of 3D medical implants is expected to boost the 3D medical implants market growth. However, the lack of skilled profession and less awareness among the people in undeveloped economies is expected to sluggish growth of this market.

In addition, the significant time required for production of customized implants have limited the use of 3D medical implants in case of emergency trauma surgeries is anticipated to hinder the 3D medical implants market. Moreover, the stringent government regulations, issuance issues, reimbursement issues and high prices of 3D medical implants can also deter the growth of 3D medical implants market. Ongoing research and development associated with the 3D medical implants is expected to create new opportunities in the forecast period. To step up the research and development, the American National Institute of Health (NIH) has created the NIH 3D Print Exchange Internet Website, which enables open, comprehensive and interactive access for searching, browsing, downloading, and sharing biomedical 3D print files, modeling tutorials, and educational material.

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3D Medical Implants Market: Overview

3D medical implants market is expected to show significant growth over the forecast period due to increasing prevalence of orthopedic and cardiovascular disease globally. According to World Health Organization, 17.5 Mn people died in 2016 from cardiovascular diseases. World Health Organization also stated that more than 75% cardiovascular disease occur in low-income countries which is the opportunity for 3D medical implants market to grow in Middle East region. Leading manufacturer of 3D Medical Implants focusing to expand their regional presence in the emerging geographies such as APAC and MEA by collaborating with the distributers.

3D Medical Implants Market: Regional Overview

Based on geographic region Catheter-directed Thrombolysis market is classified into seven key regions, North, America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, Middle East and Africa. North America is expected to dominate the 3D medical implants market by region due to access to advanced healthcare facilities for the treatment of cardiac diseases. Western Europe is the second largest market for 3D Medical Implants market owing high incidences of cardiac diseases. The APEJ region is contributing significant growth rate for 3D medical implants market owing to rising geriatric population in India and China. Latin America and MEA is the least lucrative market for 3D Medical Implants owing to lack of awareness among the people.

3D Medical Implants Market: Key Players

Increasing mergers and acquisitions and introducing innovative marketing strategies are some of the strategies taken by key market players to increase their consumer base. For instance, in December 2017 Straumann Group acquired Same Day Solutions (SDS), a dental distribution company in Portugal to increase its presence in Portuguese market. Examples of some of the market participants in 3D medical implants market identified across the value chain include Cerhum SA, Oxford Performance Materials Inc., Straumann Group, MedShape, Inc., Renovis Surgical Technologies, Inc., BioArchitects, 3D Medical Manufacturing, Inc., EOS GmbH, Stratasys Ltd., and Emerging Implant Technologies GmbH among 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
  • Technology
  • Value Chain

Regional analysis includes:

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

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

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3D Medical Implants Market: Segmentation

The global 3D medical implants market is classified on the basis of material, application, and geographic region.

Based on material, 3D medical implants market is segmented into following:

  • Metals
  • Ceramics
  • Polymers
  • Composites

Based on application, 3D medical implants market is segmented into following:

  • Hearing Aids
  • Dentistry
  • Orthopedic
  • Others

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

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

Levothyroxine Sodium Market 2021 by Applications, Key Players, Products Type, Application Types and Production Information Analysis and Forecast 2028

Underactive Thyroid Glands Remain the Single Largest Treatment Scope for Levothyroxine Sodium

Levothyroxine sodium is a narrow therapeutic range, the effect of which significantly depends on its level of potency or bioavailability. Administering a drug product of lesser potency or bioavailability to a patient who has conditions controlled by other products, could result in a suboptimal response and hypothyroidism. On the other hand, drug with higher potency could result in a noxious manifestation of hyperthyroidism, including cardiac arrhythmia, palpitations, and cardiac pain, thereby, making its significantly important to administer just the right dose of levothyroxine sodium to patients with coronary heart disease. Lowest effective dose of levothyroxine must be titrated to lower the risk of osteoporosis—a condition mostly found in woman.

Treatment of hypothyroidism or underactive thyroid disease remains the single largest application of levothyroxine sodium—with treatment goals to correct catabolic imbalances and reverse clinical progressions. As per the American Association of Clinical Endocrinologists (AACE), of nearly 27 million people suffering from various thyroid disorders, most people suffer from hypothyroidism—autoimmune thyroiditis and odine deficiency being the most common causes. An increase in demand for levothyroxine to treat thyroid cancer, apart from decreasing the size of an enlarged thyroid gland, could drive up the sales of levothyroxine sodium products in the coming years.

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Mostly used under the branded umbrella of Synthyroid, that received its FDA-Approved status only in 2002, the food and drug regulatory body also considers generic levothyroxine drugs to be as effective as the branded ones. Moreover, the American Thyroid Association (ATA) has found no better thyroid hormone replacements than levothyroxine, thereby, supplementing to the higher global adoption of levothyroxine sodium. The thyroid association, in its guidelines for treating underactive thyroid gland, confirms that levothyroxine sodium (brand or generics) would remain the most preferred treatment choice for hypothyroidism. Moreover, as per ATA’s task force on thyroid replacement, alternative preparations including levothyroxine–including liothyronine combination therapy, or thyroid extract therapy, or others were not found to have any superior finding compared to levothyroxine monotherapy, making it the most preferred hypothyroidism treatment arrangement.

Product Recalls Could Hamper Levothyroxine Sodium Sales Growth

FDA imposes tight regulations on oral levothyroxine sodium products—that have been plagued by potency and stability problems. In a recent development, the food and drug regulatory body alerted API distributor, repackagers, compounders, and finished drug manufacturers pertaining to the recall of porcine thyroid API- a product of Sichuan Friendly Pharmaceutical Co. Limited, based in China, in the wake of unreliable quality API. The FDA laboratory found inconsistent levels of active ingredients—levothyroxine and liothyronine—leading to permanent health conditions, if used. In a subsequent development, Westminster Pharmaceuticals recalled its unexpired lot of levothyroxine and liothyronine as a precautionary measure as some of its products were made manufacturers using Sichuan Friendly Pharmaceutical Co. Limited’s active ingredients.

Studies Indicate Change in Formulations Could Improve Levothyroxine Sodium Tolerance and Efficacy

Considering that the efficiency of hypothyroidism adequately depends on the dosage of levothyroxine sodium—which requires adjustments annually, arising from lack of medication persistence, dosage errors, changes in dietary habits, body mass, and medical conditions, and use of concomitant medications, studies indicate that oral absorption of levothyroxine could remain inefficient by foods including coffee beverages, certain foods, and drug. Researchers have found that hypothyroid patients treated with levothyroxine sodium gel capsules may experience less thyroid hormone fluctuations compared to levothyroxine tablets.

From the formulations standpoints, another study indicates that patients with suboptimal TSH on tablet LT4, could significantly improving the TSH levels by switching to liquid formulation of levothyroxine sodium, wherein the dosage remains unchanged. Changeover to liquid formulations have been suggested considering the reduced efficacy of levothyroxine (LT4) owing to factors such as intestinal disorders, gastric diseases, and concomitant intake of some drugs that might interfere with the absorption of levothyroxine. Apart from formulations, dosage timings of levothyroxine sodium- mornings of bed time- is studied to show a substantial improvement in the thyroid improvement level, with changes in the serum lipid level.

Levothyroxine Administered in Patients Eligible for Organ Donation Shows Promising Future Applications

Although organ transplantation remains the most preferred treatment for end-stage organ diseases, suitable organ donors often fail to meet the perquisites of organ transplantation. Hemodynamic, endocrine, and metabolic instabilities, in brain dead cases, often translate into potential organs being lost. Vasopressors are often used to battle hemodynamic instability—often a resultant of low thyroxine levels, and present cardiovascular collapse. High dosage of vasopressors are required to retrieve organs fit for transplantation. Research indicates that administering intravenous bolus of levothyroxine sodium in brain dead patients could significantly reduce vasopressor in patients. Nearly all organ procurement organizations in US are presently using levothyroxine in varying measures.

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Key Development in the Competitive Landscape

Lannett Company, Inc. and Amneal Pharmaceuticals recently entered a distribution agreement, with Amneal taking over marketing and distribution of Lannett’s Levothyroxine sodium tablets, effective from December 1, 2018 till the mid-March 2019. In another development, Amneal recently announced a 10-year license and supply agreement with Jerome Stevens Pharmaceuticals, Inc. for the former’s levothyroxine sodium tablets, beginning March 23, 2019.

The research report on levothyroxine sodium presents a comprehensive analysis, assaying some key aspects including market dynamics, segmentation analysis, and coopetition profiling. Apart from the historical data analysis, the report on levothyroxine sodium also highlights present growth, year-on-year growth, and forecast—providing a better understanding of the levothyroxine sodium market.

Apart from an in-depth analysis of the key market dynamics shaping the growth trajectory of levothyroxine sodium market, the report also offers an elaborate segmental analysis, on the basis of Disease Indication, covering, Hypothyroidism, Thyroid Cancer, Myxedema Coma, and Goiter.

The report encompasses an in-depth market analysis on the basis of:

  • Segments of levothyroxine sodium market
  • Market Valuation with respect to Volume and Value: Current, Historical and Projected Data
  • Key market dynamics influencing the growth of levothyroxine sodium market
  • Supply and Demand Analysis
  • Comprehensive regional analysis
  • Thorough Market Classification
  • Macro-economic segments
  • Major Players- Forward Growth Strategies and Product offerings
  • Key participants/companies operating in the levothyroxine sodium market
  • Value Chain and pricing analysis
  • Market attractiveness according to segments

Geographical Assessment of the levothyroxine sodium market includes:

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

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Automatic Door Control Market Outlook, Current and Future Industry Landscape Analysis 2026

Automatic door control is widely deployed in public places like theatres, hotels, shopping malls, grocery stores and many others to eliminate the tedious job of opening the door manually.. Sensor based automatic door control technologies include ultrasonic/radio, infra-red and other wireless sensing methods. The automatic door control system is basically based on intention analysis and human detection. This is achieved with the assistance of a passive infrared sensor. A live body emits infrared energy which is sensed by the PIR sensor from a considerable distance. This sensed signal is transferred to a microcontroller which in turn operates the door motor. While the closure of the door is managed through a fixed time delay. Further, interrupt signals are controlled through limit switches to avoid locked rotor condition of the motor. Automatic door control is a widely used product especially in the developed economies to avoid human labor and workforce.

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Global Automatic Door Control Market: Segmentation

The global automatic door control market can be segmented on the basis of geography, type, operating mechanism, technology and application. On the basis of geography, the global automatic door control market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East and Africa and Japan. On the basis of type, the global automatic door control market can be segmented into glass doors, metal doors, plastic doors and composite doors. On the basis of operating mechanism, the global automatic door control market can be segmented into swinging doors, sliding doors, folding doors, revolving doors and others. On the basis of technology, the global automatic door control market can be segmented into manual, automatic and access control. On account of applications, the global automatic door control market can be segmented into residential, industrial and commercial.

Global Automatic Door Control Market: Drivers

The key factor driving the global automatic door control market are high disposable incomes. Moreover, changing lifestyles of people also accounts for a major share in driving the global automatic door control market. Improvement and increase in construction activities and adoption of automation in most of the developed regions is another factor driving the growth of the market. Moreover, increased construction of malls, high technology airports, grand hotels and multiplexes have led to the growth of the global automatic door control market.

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Global Automatic Door Control Market: Restraints

High initial costs is one major challenge pulling down the growth of the global automatic door control market. Moreover, heavy maintenance and repair costs and less demands of automation in small and emerging economies restricts the global automatic door control market to grow. Further, increased price of raw materials like metal and glass is another factor restricting the builders or owners to use such automatic doors thus challenging the overall growth of the global automatic door control market.

Global Automatic Door Control Market: Region Wise Outlook

North America and Western Europe are the biggest markets for automatic door control because of high tech developments in the regions. Developed regions like North America and Western Europe are mature markets in terms of automatic door controls. Asia Pacific is the fastest growing market followed by Middle East and Africa. Eastern Europe and Latin America are also showing positive growth in the global automatic door control market. Asia Pacific is expected to witness significant growth due to increasing development and automation in the developing economies like India and China.

Global Automatic Door Control Market: Key Players

Some of the major players in the global automatic door control market are GEZE Corporation, Door Controls Inc., Dorma, Automatic Door Controls Inc., Thomas Door and Windows.

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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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
  • 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.