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Automated Breast Ultrasound System Market growing at a CAGR of 6.8% by 2031

Future Market Insights delivers key insights and presents a revised forecast of the global automated breast ultrasound Systems market for a 10 year period from 2017 to 2027 for the report titled “Automated Breast Ultrasound System Market: Global Industry Analysis 2012–2016 and Opportunity Assessment 2017–2027.” The revision in the market size and forecasts have been carried out taking into account the impact of various macroeconomic indicators and other industry-based demand-driving factors, as well as the recent developments of key market participants. The global automated breast ultrasound system market is projected to expand at a healthy CAGR of 6.8% in terms of value during the forecast period, revised from the previous CAGR of 8.1%, due to factors regarding which FMI offers useful insights in detail in this report.

The global automated breast ultrasound system is expected to increase at a CAGR of over 6.8% and reach US$ 212.8 Mn in revenues in 2027. North America and APEJ has collectively accounted for nearly 55.6% revenue share of the automated breast ultrasound system in 2016. The growing number of cancer treatment cases and increasing real time result analysis with the advent of imaging techniques has led to a threefold increase in the demand for automated breast ultrasound system and services. Due to the dominant features and advantages, the automated breast ultrasound system, is preferred by hospitals, followed by diagnostic imaging laboratories.

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Asia Pacific and MEA regions are the highest population regions. The rapidly developing health care infrastructure and increasing medical tourism in these regions is expected to play an important role in driving growth of global automated breast ultrasound system market.

Increasing demand for high end, automated breast ultrasound system from end users, such as hospitals and diagnostic imaging laboratories for better throughput and performance will generate opportunities for launching of novel ultrasound techniques and services in the market over the long run and drive the growth of the global automated breast ultrasound system market. Ultrasound services help in increasing the throughput at a remarkable speed and with precise motion and consistency in report generation. The growing number of cancer treatment cases and real time result analysis has led to a threefold increase in demand for automated ultrasound system for breast with advanced software and services.

For ultrasound imaging, various compatible solutions are available which ensure everything is in place to support smooth implementation on the platform. The increasing strategic consolidation activities such as service agreements, technology transfer and collaborations among service providers and end users, is also expected to bolster the growth of the global automated breast ultrasound system market.

Hospitals segment will remain the largest segment by the end user, accounted for over 55.4% revenue share of the market in 2016. The hospital segment is estimated to reflect a market valuation of US$ 120 Mn by the end of the year of assessment and is projected to grow at a CAGR of 7% during the forecast period. The increasing demand of automated breast ultrasound system at end users such as hospitals & diagnostic imaging laboratories is anticipated to register a significant growth over the forecast period.

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The developing medical industry in respect to advanced infrastructure and increasing medical tourism in the developing countries from the APEJ such as China, India will continue to have a positive impact on automated breast ultrasound system market in APEJ. An ease-of-use and economic convenience in the North America and Western Europe is anticipated to boost the growth of the automated breast ultrasound system market over a forecast period. The rise in discretionary funding for the research and development activities for the advanced and cost effective medical devices and integration services will also drive the market in the North America and Western Europe regions. MEA is at a nascent stage in the global automated breast ultrasound system market and is expected to show a moderate growth over a forecast period.

GE Healthcare, Hitachi, Ltd., Siemens AG, Koninklijke Philips N.V. and Delphinus Medical Technologies, Inc are some of the key players in the global automated breast ultrasound system market. Companies in the global automated breast ultrasound system market are focusing on strategic alliances such as strategic agreements, collaborations, rising research and development activities, new product launches, joint ventures, partnerships, and mergers & acquisitions to sustain in the overall competition in the lab automation market.

Automated Breast Ultrasound Systems – Competitive Landscape

Key market players in automated breast ultrasound system market are focusing on installing ABUS in hospitals and diagnostics center in order to expand their global footprint. They are also working towards developing the accuracy of automated breast ultrasound system for faster assessment of cancer screening in addition to getting government approval for their products. For instance:

Hitachi being the global leader in smart life & eco-friendly systems launched its latest automated breast ultrasound system “SOFIA” capable of scanning and acquiring image of the complete breast.
Koninklijke launched Philips EPIQ and Affiniti ultrasound systems as a part of its automated breast ultrasound system product range. Philips EPIQ is laced with an integrated eL18-4 transducer and employs anatomical intelligence for accurate imaging of the breast with high tissue density.
Siemens Healthineers AG introduced a new automated breast ultrasound system “ACUSON S2000 ABVS” as a part of its imaging, diagnostics segment with 3D imaging feature required to find the lesions in fatty and dense breast tissue.

Automated breast ultrasound system named “AWBUS” made by SonoCiné is capable of providing repeated scans of whole breast with same consistency and accuracy necessary for accurate detection of cancer.

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Future Market Insights has also analyzed the following players in the automated breast ultrasound system market in its detailed report*:

GE Electric Co.
Siemens A.G.
Hitachi Ltd.
SonoCiné Inc.
Koninklijke

Automated CPR Devices Market anticipated to reach US$ 191.2 Mn by 2027

Future Market Insights (FMI) announces the release of its latest outlook titled, “Automated CPR Devices Market: Global Industry Analysis (2012–2016) and Opportunity Assessment (2017–2027)”. According to the report, the global automated CPR devices market was valued at US$ 60.0 Mn in 2016 and is anticipated to reach US$ 191.2 Mn by 2027, registering a compound annual growth rate (CAGR) of 11.3% throughout the 10 year forecast period.

Market Drivers and Restraints

The global automated CPR devices market is largely driven by a growing demand from emergency medical services and a rising need for technologically advanced EMS. An increasing public awareness of cardiac arrest and increasing training programmes is also positively influencing revenue growth of the automated CPR devices market. Also, increasing government funding and grants encouraging the use of automated CPR devices in order to improve survival rates of cardiac arrest victims coupled with a rapidly increasing geriatric population across the globe owing to the impact of reducing mortality rates and declining fertility rates has also widened the scope for automated CPR device manufacturers.

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Conversely, high cost of automated CPR devices, the substantial weight of the device and high training requirements are some minor restraints in the global automated CPR devices market. Additionally, conflicting results from observational studies regarding the use of automated CPR devices is also hampering the growth of the automated CPR devices market. While some observational studies have confirmed that the application of automated CPR devices can immediately improve hemodynamic effect and perfusion, some studies show less or no impact from the use of such devices.

Unmet clinical needs are expected to offer favourable growth opportunities in the near future. Increasing demand for innovative products so as to ensure cardiac arrest survival rates through cardiopulmonary resuscitation are providing favourable prospects for growth of the global automated CPR devices market. There is a strong need for the improvement of existing CPR devices with some desired features such as inbuilt pulse rate check function and automated injectable function.

Global Automated CPR Devices Market: Forecast by End User

Among the various end users of automated CPR devices, the hospitals segment is likely to dominate throughout the forecast period with a CAGR of 11.6% in terms of value.The emergency medical services segment remains the third largest market and represents a Market Share Index of 0.6 over the forecast period.

Global Automated CPR Devices Market: Forecast by Region

Region-wise, Europe dominated the global automated CPR devices market in 2016 in terms of revenue, accounting for 36.5% revenue share. However, Asia Pacific is foreseen to witness a relatively high CAGR of 11.1%. The market in Europe is expected to remain dominant throughout the forecast period.

Adoption rates for automated CPR devices vary according to region, which is resulting in disparity in market trends across regions. Factors such as differentiation in EMS and its functioning and lack of awareness amongst the populace are responsible for the varying adoption rates across different geographies. The U.S. is witnessing major investments in automated CPR devices due to the increasing number of market players with new technologies in the region.

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Global Automated CPR Devices Market: Competitive Landscape

Key players considered in the global automated CPR devices market include ZOLL Medical Corporation, Physio-Control Inc., Brunswick Biomedical Technologies, Michigan Instruments, and SunLife Science Inc. The global automated CPR devices market is consolidated with the top two players bagging over 50% of the total market share. Most players are engaged in various activities such as new product development, increasing investments in clinical research, expansion of geographical presence and brand building via strong marketing strategies in order to sustain in the competitive global market.

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About FMI

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

Autoimmune Disease Therapeutics Market 2022 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2026

Autoimmune Disease Therapeutics Market Overview

Autoimmune diseases is a body’s hyperactive immune response against the substances and tissues normally present in the body. Autoimmune diseases are more commonly caused by genetic, infectious or environmental factors. The prevalence of autoimmune disease is on rise. According to National Institute of Health, approximately 50 million of Americans suffer from autoimmune diseases. The diseases in estimated to be one of the top 10 cause of death in women under the age 65, and is the second highest cause of chronic illness. Also, it is the top cause of morbidity in women in the U.S. There are more than 80 clinically different type of autoimmune diseases identified till date. Some of the common types of autoimmune diseases are Crohn’s disease, rheumatoid arthritis, inflammatory bowel disease, multiple sclerosis, systemic lupus erythematosus, and with rising prevalence of autoimmune diseases the demand of drugs used in the treatment for autoimmune disease is also rising.

The global market for autoimmune disease therapeutics is expected to have a robust growth during the forecast period (2016–2026).

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Autoimmune Disease Therapeutics Market: Drivers and Restraints

Factors contributing to the growth of global autoimmune disease therapeutics market includes, growing prevalence of autoimmune diseases coupled with growing public awareness and increasing automation of laboratories leading to diagnosis of several diagnostic tests simultaneously to generate rapid and error free results. In addition, technological advancements such as the development of novel biomarkers such as Enbrel and Humira, and portable diagnostic point of care equipment are further expected to fuel the market growth in the near future. However, factors such as, inadequate funding in developing countries, high cost involved in the treatment of the disease and non-availability of the treatment in developing countries along with emergence of alternative technologies are the main restraints for the global autoimmune disease therapeutics market.

Autoimmune disease therapeutics Market: Overview

With rising incidence of autoimmune diseases, rapid technological advancements in medical field such as novel biomarkers, rise in healthcare expenditure, development and presence of large untapped opportunities in the emerging markets such as Eastern European, APAC and MEA region are major factors, expected to boost the growth of the global autoimmune disease therapeutics market during the forecast period (2016–2026).

Autoimmune Disease Therapeutics Market: Region-wise Outlook

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

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North America accounts for the largest market shares in the autoimmune disease therapeutics market owing to growing prevalence of various forms of autoimmune disorders, and presence of government initiatives such as Affordable Care Act and Patient Protection Act. Increasing healthcare expenditure in the region is also expected to drive the overall autoimmune disease therapeutics market in the near future. According to National Institute of Health estimates in the U.S. the annual expenditure on autoimmune disease therapeutics is estimated to be US$ 100 Bn. Europe is anticipated to be the second largest market during the forecast period owing to increasing government with the focus of improving healthcare infrastructure, growing prevalence of autoimmune diseases, increased penetration of new technologies such as portable diagnostic equipment and novel biomarkers. However, in Eastern Europe presence of large untapped opportunities will fuel the market growth of autoimmune disease therapeutics in the coming years.

Autoimmune disease therapeutics Market: Key Players

Some of the key market players in global autoimmune disease therapeutics market are Abbott Laboratories, Amgen Inc., Genentech Inc., F. Hoffmann-La Roche AG, Merck & Co. Inc., Bayer Schering Pharma AG, Johnson & Johnson Inc., Biogen Idec Inc., GlaxoSmithKline Plc, Squibb Company, Elan Corporation Plc, Eli Lilly and Company, Chugai Pharmaceutical Co. Ltd.

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.

The report covers exhaustive analysis on:

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

Regional analysis includes

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

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

Autoimmune Disease Therapeutics Market: Segmentation

Global autoimmune disease therapeutics market is segmented by drug class, distribution channeland geography as following:

By Drug Class

Immunosuppressant’s
Anti-Inflammatory Drugs
Corticosteroids
Nonsteroidal anti-inflammatory drugs
Biologics

By Distribution Channel

Hospitals
Clinics
Drug Stores
Independent pharmacies

Report Highlights:

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

Ventilator Market 2022 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2030

Ventilator Market Overview

Mechanical ventilators replace or assist the respiratory functions of a critically-ill patient who is at the risk of multiple organ failure due to lack of oxygen supply. These medical devices are expensive to manufacturer and prove to be the differentiating factor between life and death. In the light of COVID-19 pandemic, the world is facing a shortage of mechanical ventilators. Leading manufacturers across the globe are escalating the production of ventilators that could potentially save thousands of lives. Key stakeholders are witnessing an unprecedented demand in the event of current outbreak. Several companies in other industries such as aerospace and engineering have come forward to offer assistance and produce this absolutely vital equipment.

For instance, Dyson and Rolls-Royce have volunteered to manufacture mechanical ventilators in the United Kingdom. Biomedical engineering experts have predicted the scarcity of mechanical ventilators at the peak of COVID-19 pandemic. This has prompted entrepreneurs from wide spectrum of industries to collaborate and ramp up the production of ventilators. Moreover, heavy government incentive to scale up the overall production is another contributing factor. The World Health Organization has repeatedly stressed on the need to optimize the production of lung ventilation equipment. The officials in Germany and the United States have desperately called for new ventilators as well.

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China Accelerates Export of Mechanical Ventilators to Affected Nations

Until February, when Wuhan was the epicentre of COVID-19 outbreak, China escalated its export channels and turned to other nations for assistance. The subsequent month of March witnessed the shift of epicentre from Wuhan, China to Italy in Europe. As the number of new COVID-19 cases and deaths continue to decline in the original epicentre, China has offered help to various affected nations, particularly Italy which has been worst hit by the pandemic. Chinese Red Cross has transported thousands of masks, hundreds of pulmonary ventilators and tons of other medical supply to Italy. The United States now has more COVID-19 patients than any other country. Hence, demand for high flow ventilators is set to accelerate in the foreseeable future.

Manufacturers Undertake Innovative Measures to Combat Ventilator Shortage

Leaders worldwide continue to explore new ways of boosting the production of ventilators. As many nations have banned the export of this life-saving equipment in order to protect their citizens, companies are channelling their resources towards research and development. For instance, in Italy, certain manufacturers are opting for 3D printing technology to expedite the fabrication of mechanical ventilators. Prominent manufacturers in the UK and US have been urged by governments to step-up the production of ventilators. COVID-19 has already overwhelmed the intensive care units of countries such as Italy. The absence of drastic interventions such as shortage of ventilators can have devastating outcomes in other countries as well.

The snorkelling masks originally designed for recreational purposes at the beach are now being utilized by doctors in Italy for treating COVID-19 patients. In severe cases, COVID-19 causes the lungs to undergo fibrosis-like condition because of which the patients are unable to breathe without assistance. Hence, leading innovators are producing ventilators at breakneck speed to bridge the enormous gap between demand and supply. Companies continue to repurpose their supply chains and production lines in the wake of ongoing outbreak. James Dyson has pledged to donate 5000 ventilators to other countries as well. In addition, GE Healthcare announced collaborations with Ford Motor Company to aid ventilator production.

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Insights into Global Ventilator Market: Key Regions, Drivers and Players

The global ventilator market is set to represent a billion-dollar industry on account of greater prevalence of respiratory diseases such as pneumonia, and COVID-19. In view of the widespread coronavirus outbreak, leading companies continue to expand their capacities to meet the unprecedented demand spurred by COVID-19. Some of the major players in the global ventilator market include, but are not limited to, Medtronic, Dickinson and Company, Becton, Getinge, Hamilton Medical, GE Healthcare, Allied Healthcare Products, Resmed, Smiths Group, Air Liquide, Asahi Kasei, and Fisher & Paykel. Medtronic recently announced that its production facilities will be operational 24/7 to fulfil the soaring demand for ventilators. The company has scaled up its production capacity and doubled its workforce to produce new ventilators.

The growth of global ventilator market is supported by emergency relief packages approved by governments across the globe. Further, greater healthcare expenditure, developed healthcare infrastructure in countries such as the United States and Canada are complementing the growth of ventilator market. On the other hand, Asia Pacific ventilator market will benefit owing to the presence of a large geriatric population, particularly in countries such as Japan and South Korea. Moreover, India remains the largest importer of life-saving medical devices such as ventilators which will offer lucrative opportunities for manufacturers in the months to come.

Global Ventilator Market: Overview of Segmentation

The segmental analysis of the global ventilator market is performed on the basis of end use (ambulatory care centres, emergency medical services, hospitals & clinics), mode (combined-mode, volume-mode, and pressure-mode), type (neonatal/infant ventilators, paediatric/adult ventilators), and mobility (intensive care ventilators, critical care, and portable ventilators) across five regions (North America, Latin America, Europe, Middle East & Africa, Asia Pacific). Hospitals remain the leading end-use segment of ventilators. Demand for ventilators is witnessing an upswing in almost every major continent of the world. Critical cases of COVID-19 are quite rare among children. Therefore, adult ventilators will witness relatively greater demand worldwide. The market leaders must focus on developing portable, cost-effective, and patient-friendly ventilators to encourage its usage.

Rising population, urbanization, and chronic respiratory diseases such asthma are key drivers of ventilators market. Moreover, other lifestyle factors such as smoking are major contributors to the demand for ventilators. As COVID-19 sweeps the globe, the scarcity of mechanical ventilators will be excruciating for frontline staff to save precious lives. Hence, global manufacturers face the daunting task of meeting enormous demand and searching for new innovations to combat this deadly respiratory illness. Governments’ relief packages, major collaborations, and innovations in ventilators market have the potential to save countless lives in the foreseeable future.

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Report Highlights

An overview of evolving market dynamics in the ventilator market
Detailed segmentation of ventilator market
Historical, current, and prospective examination of market size in terms of value and volume
Recent developments and influential trends in ventilator market
Opportunity assessment of ventilator market
Competitive landscape analysis of ventilator marketplace
Key player developments in ventilator market space
Niche and potential segments of ventilator market that reflect promising opportunities
A neutral perspective on the entire ventilator market performance over the forecast period
Must-have insights in-the-bag for ventilator market players

Key Opinion Leader Management Market 2022 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2026

Key Opinion Leader Management Market Overview

Key opinion leaders (KOLs) are influential, trustworthy thought leaders who are held in high esteem. In the current scenario of the healthcare industry, an organization’s success is related to its ability to build, maintain, and manage relationships with KOLs. KOLs play a crucial role in educating the medical and scientific communities and in building awareness regarding the latest key developments in medical technology. A KOL dashboard is used for identification and monitoring a KOL. KOLs play an important role in the complex and competitive scenario of companies, especially in healthcare marketing. KOLs help in influencing the perception and opinion of various stakeholders in a company.

Key Opinion Leader Management Market: Drivers & Restraints

KOL has emerged as an individual business discipline which is similar to CRM. KOL management is an essential component in marketing. Companies experience an increased influence and adoption at the global, national, and regional levels, by managing KOL relationships effectively for the future of company products and market expansion. The most prominent KOLs are usually expensive. KOL management in healthcare is challenging. Leading KOL physicians are frequently over-marketed to by many sources. Laws such as the Sunshine Act demand transparency and restrict large payments to physician KOLs. KOLs help in critical decisions such as drug prescriptions for their patients, as the KOL physicians advice on specific drugs based on their knowledge.

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Key Opinion Leader Management Market: Overview

KOL management gives a 360-degree view of KOL influence and activity, alongwith the ability to see what KOLs are saying about their products and their competitor products. KOL performance can also be monitored regularly to check how an influencer aids in product sales, and spending of a KOL. KOLs play an important role for several companies particularly, pharmaceutical companies. A reliable KOL management process, provides benefits such as the ability to reduce cycle time for widening a pool of KOLs, understanding and tracking of campaign effectiveness conducted by an individual KOL, differentiate KOLs based on their influence to alter strategic decisions related to spending and so on.

Key Opinion Leader Management Market: Region wise Overview

Geographically, global key opinion leader management market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan, Middle East and Africa (MEA).KOL management involves KOL identification process, ranking methodology, and ability to combine traditional and social footprints of influencers across therapeutic areas, regions and languages. The expenditure on shaping influence is high. Companies need to understand influence as it is a potential marketing tool. KOLs possess a unique credibility, as their validity is important due to years of industry experience and medical affiliations. As a result, healthcare companies particularly in the developed countries of North America and Western Europe have begun relying heavily on KOLs to help establish the knowledge base about their drugs and expand their markets throughout all stages of life-cycle management.

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Key Opinion Leader Management Market: Key Players

The key players in global key opinion leader management market are Genpact Limited, KOL, LLC, SAAMA TECHNOLOGIES, Cognizant, RELTIO to name a few.

The report covers exhaustive analysis on:

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

Regional analysis includes

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

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Key Opinion Leader Management Market: Segmentation

The global key opinion leader management market is classified on the basis of therapeutic area, region.

Based on therapeutic area type, the global key opinion leader management market is segmented into the following:

Anesthesiology
Cardiology
Dentistry
Gastroenterology
Obstetrics & Gynecology
Oncology
Ophthalmology
Orthopedics
Others (Hematology, Immunology, Nephrology, Dermatology, Endocrinology, Infectious Diseases, Neurology, Urology)

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

Allergy Treatment Market 2022 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2026

Allergy Treatment Market Overview

An allergy is a heightened sensitivity of immune system. Allergy occurs when a foreign substance which is harmless in nature reacts with immune system. These foreign substances are called allergens. Some of the allergens that affect the immune system are dust mite, animal dander, cockroach, pollens and mold. Dust mite, animal dander and mold can cause indoor allergy problems. Allergy can be of various types such as eye allergy, Rhinitis, asthma, skin allergy, etc. According to the World Allergy Organization, approximately 30-40% of the world population was affected by allergic condition in 2011. Severe allergy can be life threatening in some patients as allergy severity reduces the function of organs such as allergic asthma causes the poor lungs function.

Allergy Treatment Market: Drivers and Restraints

Globally, increasing patient population with various type of allergies, changing life style and environment pollution is increasing, which drives the global allergy treatment market. Increasing number of patients with various allergies such as skin allergy, eye allergy, Rhinitis, asthma, etc., changes in dietary habits, rising demand for advanced therapy for allergy treatment, increasing research and development activities, government initiative, are some of the factors that drive the growth of the global allergy treatment market. However, high cost of immunotherapy for allergy treatment and side effects from immunotherapy act as a restraint in the global allergy treatment market.

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Allergy Treatment Market: Overview

Allergic diseases occur due to hypersensitivity of the immune system towards environment that usually causes minute problems in most individuals. These allergic diseases includes food allergy, allergic asthma, hay fever, atopic dermatitis and anaphylaxis. Symptoms for these allergic diseases are runny nose, an itchy rash, shortness of breath, red eyes, swelling and some more. Such allergies are treated by avoiding known allergens, immunotherapy and by the use of medications such as antihistamines and steroids. In industrialized countries, allergic diseases are more common as compared to the countries that are more agricultural or traditional and it is noticed that there is a lower rate of allergic disease in rural populations versus urban populations.

Allergy Treatment Market: Region- wise Outlook

Depending on geographic regions, global allergy treatment market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa. North America followed by Europedominates the global allergy treatment market due to increasing number of patients with various type of allergies including respiratory allergy, skin allergy, eye allergy, etc. growing environmental pollution, developed healthcare infrastructure and growing demand for immunotherapy for treatment of allergies in these region. Asia-Pacific is the fastest emerging market for global allergy treatment due to growing allergic patient population, increasing awareness about advanced immunotherapy for treatment of allergies available in the market, developing healthcare infrastructure and rising government spending in healthcare industry in this region.

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Allergy Treatment Market: Key Players

Some of the key market players in global allergy treatment market are Allergy therapeutics, Allergopharma, Allergon AB, Alerpharma S.A, Allergan, Inc., Genentech Inc., Schering-Plough Corporation, McNeil Consumer Healthcare, Collegium Pharmaceutical, Inc., Meda Pharmaceuticals, Inc, Sepracor, Inc. and Vicks. Currently, the companies which operate in allergy treatment, are entering into mergers and acquisition with other companies to expand its allergy treatment business. For instance, in June 2015, Allergy Therapeutics acquired Alerpharma S.A, a Spanish company develops and now offers allergy immunotherapy products and services to expand its allergy immunotherapy business. In addition, In November 2015, Pfizer Inc., a multinational pharmaceutical corporation entered into a merger with Allergan PLC, a pharmaceutical company to capture more market share in the drug industry.

The report covers exhaustive analysis on:

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

Regional analysis includes:

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

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Allergy Treatment Market: Segmentation

Global allergy treatment market is further segmented into following types:

By Allergy Type
Eye allergy
Rhinitis
Asthma
Skin allergy
Other allergy
By Allergy Treatment Type
Anti-allergy medicine
Antihistamines
Corticosteroids
Decongestants
Mast cell stabilizers
Other medicines (Leukotriene, Calcineurin, Cromoglicate, Anti-IgE)
Immunotherapy

Global allergy treatment market is further segmented into End User

Hospital
Clinics
Medical store
Home use
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
Must-have information for market players to sustain and enhance their market footprint

Remote Patient Monitoring Devices Market Top Scenario, SWOT Analysis, Business Overview, Forecast 2026

Remote patient monitoring devices supports in monitoring of patient’s physical condition. Patient does not need to visit the medical practitioner. Digital technology is used in remote patient monitoring devices to gather health and other forms of medical data to securely pass on to healthcare providers situated at different location for clinical review. The accuracy of remote patient monitoring devices allows reliable diagnosis, leading to a more specific and efficient treatment. Remote patient monitoring devices helps to reduce costs of hospital stays by continuing to monitor patient condition, irrespective of patient location and also it helps to reduce overcrowding at clinics and diagnostic centers. Remote patient monitoring devices systems are used for continuously monitoring important physiological parameters like, heart activity, body temperature, blood pressure, pulse rate and other clinical conditions. Remote patient monitoring devices is based on real time data sharing which helps physicians to take vital decisions to ensure better patient treatment. Physician and healthcare providers are extending the use ofremote patient monitoring devices to enhance the excellence of patient care and reduce expenses by prognosis.

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Remote Patient Monitoring Devices Market: Drivers & Restraints

Remote patient monitoring devices market is fueled by great technological advancements. The increasing incidence and prevalence of chronic diseases like heart conditions and diabetes requires compulsory life-long monitoring will also contribute to remote patient monitoring devicesglobal market. Increase in geriatric population around the globe is leading to enhanced global market forremote patient monitoring devices. Awareness among the medical practitioners and improved private sector and government involvement in remote patient monitoring devices is supporting the global market for remote patient monitoring devices dwell in developing countries. Deficiency of trained and expert professionals are hampering the growth of remote patient monitoring devices.

Remote Patient Monitoring Devices Market: Overview

Increased technological improvement, rise in the incidence and prevalence of chronic diseases along with increase in aging population, enhanced demand for remote monitoring, private sector and government involvement in remote patient monitoring devices, the global market for remote patient monitoring devices market is expected to have a healthy growth rate in the forecast period (2016-2026).

Remote Patient Monitoring Devices Market: Region-wise Outlook

Depending on geographic regions, global remote patient monitoring devicesmarketis segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan, Japan and Middle East & Africa.

North America is the leading global remote patient monitoring devices market due to the high volumes of surgical procedures being performed. Also, the availability of established healthcare infrastructure, high influence of healthcare to economy are the reasons for the high demand in North America. Europe is also a lucrative market for remote patient monitoring devices due to rapid technological advancement in terms of healthcare sector. Asia Pacific market is expected to grow at a good rate as compared to NA and Europe as there is ample market opportunity in countries like India and China due the large population.

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Remote Patient Monitoring Devices Market: Key Players

Some of the key participating global remote patient monitoring devicesmarketare Hoffmann-La Roche Ltd., AMD Global Telemedicine, Honeywell International Inc., Omron Healthcare, Smiths Medical, Medtronic, and others.

The report covers exhaustive analysis on:

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

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, 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)

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Remote Patient Monitoring Devices Market: Segmentation

Global remote patient monitoring devices market is segmented as following:

By Product Type:

Heart Rate Monitors
Blood Pressure Monitors
Heart Monitors
Breath Monitors
Sleep Apnea Monitors
Blood Glucose Monitors
Weight Monitors
Body Temperature Monitors
Infusion Pumps

By End User:

Hospitals
Ambulatory Surgical Centers
Homecare settings

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

Low Voltage Motor Market Focusing on Current Trends, Leading with Top Key Players

Low Voltage Motor Market Overview

The low voltage motors are extensively being used in several industries such as mining, food & beverages, oil & gas, automotive, packaging etc., driven by the profuse growth in industrialization and steadily rising demand for energy across the globe. These are the motors that run at voltages less than 1000 V and generate maximum power that aid to improve productivity, quality and save the energy.

Various motor efficiency legislations which have been enacted all over the world, are likely to drive the global low voltage motor market during the forecast period. According to these legislations, more expensive and more energy efficient motors are mandated to manufacturers.

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The global low voltage market is forecasted to grow with a single digit CAGR during the forecast period and is anticipated to hold a strong potential in coming 4-5 years. Most of the manufacturers are now focusing towards advanced technology and quality low voltage motors to enhance their production process which in turn had led to the increase in demand for the advanced low voltage motors.

Global Low Voltage Motor Market: Drivers & Restraints

With rise in technological advancement, increasing demand for machineries across the world and advantages offered by low voltage motors due to its efficient nature, the global low voltage motor market is anticipated to show the robust growth during the forecast period. The growing consumption of low voltage motors by end user industries will continue to drive the growth in low voltage market over the forecast period.

In addition, stringent motor efficiency legislation and retrofits due to aging equipment are expected to impact the global low voltage motor market in a positive way.

Global Low Voltage Motor Market: Regional Outlook

Depending on geographic regions, global low voltage motor market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. As of 2014, Asia pacific dominated the global low voltage motor market owing to the growing consumption of low voltage motors by automotive and electronics industry, in this region. In addition, China is the largest country market for low voltage motor in Asia Pacific and is poised to show strong opportunities for low voltage motors in near future. After Asia Pacific North America is projected to show the vigorous growth in global low voltage motor market, especially due to the increasing demand of low voltage motors in countries like US and Canada, during the forecast period.

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Global Low Voltage Motor Market: Market Players

Some of the major players operating in global low voltage motor market are ABB, TECO-Westinghouse Motor Company, Siemens, Hyosung Power and Industrial Systems Performance Group, Anhui Wannan Electric Machine, ATB Group, Leroy Somer, LEZ Ruselprom, Luan JiangHuai, NIDEC, Regal Beloit, Shandong Huali Electric Motor Group, GE Industrial, Toshiba International, WEG, VEM Group, etc.

The report covers exhaustive analysis on:

Low Voltage Motor Market Segments
Low Voltage Motor Market Dynamics
Low Voltage Motor Market Size
Low Voltage Motor Market Supply & Demand
Low Voltage Motor Market Current Trends/Issues/Challenges
Competition & Companies involved
Low Voltage Motor Technology
Low Voltage Motor market Value Chain

Regional analysis includes

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

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Global Low Voltage Motor Market: Market Segmentation

On the basis of product type the global low voltage motor market is segmented into four types

On the basis of end use industry the global low voltage motor market is segmented into six types

Automotive
Mining
Electronics
Textile
Food & Beverages
Others

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Basalt Fibre Market Will Generate New Growth Opportunities in Upcoming Year

Given its low water absorption aspect, basalt fibre is gaining significant traction as construction material. High thermal resistance of basalt fibre makes it an ideal material in industrial furnace lining and fireproof rope applications.

A naturally-derived material, basalt is relatively more recyclable compared to other reinforcing fibers and is, thus, witnessing significant traction in various end-use industries.

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Market players are investing in R&D for expanding the application scope of basalt fibre to wind energy, marine and other industries.

Basalt Fibre Market – Growth Drivers and Trends
Increasing infrastructural development projects in emerging economies, especially China, and India, are primarily fueling the demand for basalt fibre in construction industries, owing to its low-cost and non-corrosive properties.

Basalt fibre exhibits 83% more tensile strength versus steel and its small particles act as an additive to produce fibre-reinforced concrete.

Going forward, basalt fibre finds immense usage as fireproof textile in automotive and aerospace industries as it is cheaper than carbon fibre and possess greater physicomechanical properties than fiberglass.

Basalt Fibre Market – Growth Restraints
While basalt fibre is witnessing significant demand from several end-use sectors, factors such as high cost and scarcity of raw material is posing threat to the basalt fibre market growth.
Availability of numerous low-cost substitutes such as fiberglass is dampening the adoption of basalt fibre from small-scale industries.

Domestic manufacturers in emerging regions are stiffening the market competition by selling products at much cheaper rates, as such, leading players are experiencing difficulties in expanding their regional foothold.

Impact of COVID-19 on Basalt Fibre Market
The COVID-19 pandemic is having dampening effect on the global mining industry. Government has imposed lockdowns in various non-essential service sectors, thus, resulting in reduced production of metals from mining industries.

On the other hand, demand for commodities such as copper, basalt and iron remains low from various end-use industries.

Unavailability of labor and high transportation costs have halted construction processes in worst-affected countries including, Italy, the US, China, India, among others.
Recent studies reveal the global construction industry currently stands at 0.9% growth in 2020. Going forward, demand from the automotive industry for basalt fibre has seen a severe downfall during the COVID-19 pandemic.

Basalt Fibre Market – Regional Analysis
North America and Europe currently hold prominent share in the global basalt fibre market. The US, Russia and Germany are leading consumers of basalt fibres in these regions respectively.
These regions are hub of automobile, construction and wind energy sectors. Further, favorable government trade policies are playing a helping hand in the market growth in North America and Europe.

Asia Pacific (APAC) is anticipated to provide remunerative opportunities to basalt fibre market towards the forecast period.
Increasing government investments towards infrastructural development is slated to drive the regional market growth.
Expanding automotive industries in China and Japan is fueling the demand for basalt fibre. Studies reveal that the annual production of automobiles in APAC is more than 50 million, 60% of which are used domestically.
Basalt Fibre Market – Competitive Landscape
The global basalt fibre market is slightly fragmented and is represented by limited number of global and regional players. These players are focusing on continuous expansion and collaboration activities. For instance,

In April 2020, Polotsk-Glassfibre expanded its business by launching a new furnace with production capacity of 500 tons fibre per year.
In 2019, Basanite Industries LLC started a new manufacturing unit in Florida for production of basalt fibres and basalt composites.

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Key Compnies

Kamenny Vek Mafic
Technobasalt-Invest
Fibrebas Construction and Building Technologies
Hebei Tong-Hui Technology
Technobasalt-Invest LLC
Company Mineral 7
Aerospace Tuoxin
Mudanjiang Jinshi Basalt Fibre Co. Ltd
Zaomineral
GMV
Mafic SA
KamennyVek
Jilin Province Huayang New Composite Material Co., Ltd.
Tongxin, Galen, Nmg Composites Co., Ltd.
Sichuan Aerospace Tuoxin Basalt Industrial Co., Ltd.
Incotelogy GmbH
JiangsuTianlong
ISOMATEX S.A.
JilinJiuxin
Russian Basalt
Arrow Technical Textiles Private Limited
Zhejiang GBF Basalt Fibre Co.
Sudagla
Shanxi Basalt Fibre Technology Co. TD.

Region

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

Report Highlights
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Basalt Fibre Market – Segmentation
Basalt fibre market is segmented on the basis of following,
By Type

Composites
Non-Composites

By Form

Continuous Basalt Fibre
Discrete Basalt Fibre

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By Composite Processing Method

Pultrusion
PrePregs
Compression Moulding
Hand Layup
Resin Moulding
Vaccum Infusion
Spray Gun
Filament winding
Resin film Infusion (RFI)
Others

By Application

Concrete reinforcement
Roads
Mesh filters
Insulator
Wall Plugs
Spray Application
Refractory Bricks and Blocks
Walls and foundations
Coastline reinforcement
Reinforcement for Sports equipment and Automotive Parts
Water works
Ship & Boats Building
Shafts and tunnels
Composites
Others

By End-use Industry

Construction & Infrastructure
Automotive & Transportation
Electrical & Electronics
Wind Energy
Marines
Others

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Garage and Service Station Market Brief Forecast and Analysis by Top Key Players to 2025

Future Market Insights’ research on the Garage and Service Station market offers a comprehensive overview for the forecast period of 2021-2031. It uncovers hidden opportunities and studies growth trajectory across various segments. The study also offers an unbiased analysis by analyzing historical demand and future projections from a bird’s eye perspective. The report identifies some of the lucrative markets across the globe. FMI delivers an insightful coverage on the Garage and Service Station markets’ latest trends, drivers, challenges, opportunities and restraints that the market is expected to prevail in the upcoming decade.

According to the study, the automotive industry is expected to witness a healthy growth backed by the technological advancements. Leading players are expected to launch unique driving techniques to strengthen their footprint. This will have a positive impact on the Garage and Service Station market. The report covers the ‘Highs and Lows’ of the past decade and gives future projections based on the latest trend in the automotive industry.

COVID-19 Impact on Automotive Industry

With the onset of COVID-19, the automotive companies and market players witnessed a few set-backs. As the COVID-19 crisis continues to unfold, FMI delivers detailed and rapid insights to navigate through the crisis. The report presents in-depth findings obtained through innovative methodology. Information presented in the report, is interspersed with up-to-date statistics. Data available on the Garage and Service Station market is intended to aid both short-term and long-term strategic decision making. The report also offers a holistic overview, mapping the factors, opportunities and trends likely to help in the wake of the coronavirus pandemic.

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The COVID-19 outbreak had a swift and severe impact on the automotive sector. Affects included disruption in supply chain activities and overall vehicle production. Starting in China, vehicle and vehicle part manufacturers around the world either placed their production lines on quarantine or shut down completely. This led to severe impact on automotive sales, thus hindering the Garage and Service Station market.

However, with recovery already registered in certain countries, future prospects are expected to improve for the Garage and Service Station market.

Why Choose Future Market Insights

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Garage and Service Station Market: Segmentation

By product type, the global garage and service station market is segmented as follows:

Mechanical Repair
Collision Repair
Car Washes
Oil Change and Lubrication
Others

By type of ownership, the global garage and service station market is segmented as follows:

Automobile dealerships
Franchise General Repair Shops
Franchise Speciality Shops
Locally Owned Repair Establishments

Garage and Service Station Market: Competitive Analysis

The report on the Garage and Service Station market report offers a detailed analysis of some of the leading players operating in the market. It examines the impact of key strategies adopted by the market players, which include product launches, expansion of distribution channels, leveraging local networks, strategic mergers & acquisitions, and others.

Garage and Service Station Market: Key Players

Firestone Complete Auto Care, Meineke, Jiffy Lube, Midas, Safelite Group, Monro Muffler Brake etc.

Critical Questions Answered in the Report

Which are the top manufacturing companies operating in the Garage and Service Station market?
What will be the future outlook of the Garage and Service Station market in the upcoming decade?
Which are the some of the lucrative markets for Garage and Service Station market?
Which factors will drive the Garage and Service Station market growth?
What are the challenges faced by the prominent players of the global Garage and Service Station market?

Significant Contributions of the Report

Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

About Future Market Insights (FMI)