Mobile Clinics Market Size, Growth Opportunities, Industry Potential, Segmentation Overview, Trends And Forecast Studies 2030

Mobile health clinics market is expected to have significant growth during the forecast period. It helps in attaining Universal Health Coverage by treating isolated groups of society. A mobile clinic is flexible and viable option to overcome lack of healthcare infrastructure issue in rural areas.

Mobile clinics market can reach out to the marginalised population of remote areas that are cut-off from mainstream health services. This concept of Mobile Clinic aims to bring services to the patient rather.

As per World Health Organization norms, public spending on healthcare has to be 2.5-5.0 per cent of the GDP of the country. Whereas, the majority of developing and under-developed countries fail to achieve the target. Regions with poor health infrastructure rely on Mobile clinics market to provide healthcare services covering a maximum of its population.

With the incidence of COVID-19 across the globe, the demand for mobile clinics market has drastically increased. Mobile clinics are used for diagnostics and screening purpose amid coronavirus to cover the maximum population of the country.

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Lockdown has been implemented in several countries to restrict the movement of citizens, mobile clinics market is working towards providing necessary healthcare facilities to the population.

Mobile Clinics Market: Drivers and Restraints

Mobile clinics market provides innovative healthcare delivery solution covering the maximum population of the region creating demand for the market. Increased prevalence of chronic diseases in rural and remote areas lead to a rise in demand for mobile clinics market.

Implementation of government schemes for screening and chronic disease management in rural areas will propel mobile clinic market growth in the coming decade. Portable nature of mobile clinic is one of the key factor driving the market growth.

Limited patient catering capacity restraints mobile clinics market growth. The mobile clinic can cater to a specified number of equipment and treatment options, challenging market growth.

Mobile Clinics Market: Overview

Rise in demand to provide healthcare facilities in rural remote areas has boost demand for mobile clinics market. Based on clinic type, OPD type mobile clinic is the highest revenue-generating with the highest sales.

Following OPD, diagnostic/screening type mobile clinic is second leading in mobile clinics market. Maternal health mobile clinics are expected to have significant growth during the forecast period with increased awareness.

Single exam room and double exam room design type mobile clinics hold the majority share in mobile clinics market. Whereas, mobile medical vans generate the highest revenue followed by mobile medical bus for mobile clinics market.

Mobile Clinics Market: Region-wise Outlook

North America will continue to dominate mobile clinics market during the forecast period due to higher healthcare expenditure. Europe is the second leading region in mobile clinics market due to government initiatives to make healthcare accessible, hence increasing demand for the mobile clinic.

Asia-Pacific region is expected to have the highest CAGR during the forecast period. Mobile clinics market has higher demand with increased product penetration and a huge percentage of the rural area without basic health facilities in the Asia-Pacific region. Whereas, the Middle East and Africa are still an untapped region for Mobile Clinics Market.

Mobile Clinics Market: Key Market Participants

Major players in mobile clinics market include

  • MedicalExpo
  • ADI Mobile Health Inc.
  • Phoenix Modular
  • LifeLine Mobile
  • Medical Coaches Inc.
  • Odulair LLC
  • Matthews Specialty Vehicles Inc.
  • EMS Mobile Sistemler
  • Johnson Medical

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• A competitive analysis of prominent players and emerging players in the keyword market
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Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

About FMI:

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

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Vascular Patches Market Size Estimates and Forecasts by Region, Growth Rate and Trend Analysis by Types and Application 2020 to 2030

Vascular patches are the microporous patch of bio-compatible polyester-urethane patches which are used for vascular surgeries for suturing closure. According to the World Health Organization (WHO), cardiovascular diseases are the leading cause of deaths, claiming approximately 17.9 million lives every year.

Vascular patches are highly biocompatible, minimally infectious, low suture line bleeding by its highly elastic material and excellent incorporation of tissue and doesn’t require impregnation or pre-clotting and favorable handling properties.

The global vascular patches market is expected to grow lucratively in coming years, due to the high prevalence of cardiac complications, technological and healthcare increments. Coronavirus has negatively impacted the vascular patches market by drawing global attention towards the massive influx of the coronavirus patients, which ultimately shifted the medical, research attentions and investments towards it from the other disease areas.

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Also, the lockdown imposed during the pandemic outbreak resulted in the shutdown of labs, offices, halted supplies and restricted the regular visits of patients of other diseases such as cardiac diseases.

Increasing prevalence of cardiac diseases driven by the sedentary lifestyle, stress and other disruptive habits, and the surging medical advancements, high adoption rate of vascular patches due to their excellent biocompatibility, and awareness are driving the growth of vascular patch market.

The rising cases of ischemia stroke, expanding geriatric populations are transcending the needs for stenosis and surgeries of autologous vessels including saphenous vein and internal thoracic artery. The advanced surgical technologies, major players with their deliberated research to develop novel vascular patches.

The rising awareness of cardiac diseases, surgeries and escalating healthcare infrastructures are also fueling the market. However, the growth is restrained by the dwindling numbers of surgeries, products failure and recalls, and associated risk of hematomas, severe bleeding and death.

Although, the overall growth of the vascular patches market is expected to leverage with the advancing medical technologies and excellent vascular patches materials, expanding patient population and awareness.

The global vascular patches market is expected to escalate in coming years with its increasing adoption rate to treat cardiac complications, the medical advancements and availability of biocompatible vascular patches. By material, biological vascular patches lead the market with its high adoption rate due to the excellent biocompatibility, low risk of infections, safety and easy usage.

By application, carotid endarterectomy (CEA) rules the segment due to the elevated numbers of surgeries performed every year to prevent strokes and has high efficacy. By end-user, the hospital holds the largest share due to the highly sophisticated healthcare infrastructure, well experienced medical professionals and advanced patient care and surgeries.

The global vascular patches market is anticipated to be dominated by North America due to the huge geriatric population, surging cases prevalence of cardiac complications, advanced R&D and technology and awareness. Europe is expected to hold the second-largest vascular patches market with its diverse vascular patch products, high healthcare expenditure and infrastructure.

Asia-Pacific vascular patches market is expected to emerge as the fastest-growing market, driven by the escalating healthcare infrastructure, research, medical technologies, growing awareness, and giant patient pool.

Latin America vascular patches market is also expected to grow with the research and innovations of vascular and endovascular surgeries. Middle East &Africa vascular patches market are expected to elevate gradually with the progressing healthcare infrastructure.

The key players of vascular patches market include

  • B. Braun Melsungen AG
  • BD
  • LeMaitre
  • Baxter International
  • Getinge AB
  • VUP Medical
  • McKesson Medical-Surgical Inc.
  • CryoLife, Inc.

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• Comprehensive analysis on evolving purchase pattern across different geographies
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• A competitive analysis of prominent players and emerging players in the keyword market
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

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

About FMI:

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

Contact Us:

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Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
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Disposable Spinal Instruments Market size, Insights, Prospects, Growth Trends, Key Trends, Opportunities and Forecast until 2029

Healthcare-Associated Infections or Hospital-Acquired Infections (HAIs) are caused while receiving medical treatment in a hospital facility. HAIs are among the major challenges to the safety of patients, and can have severe public health implications. These infections are also capable of causing disability and sometimes death. The occurrence of HAIs is increasing at an alarming rate. According to WHO, the prevalence of these infections in developed countries varies from 3.5% to 12%. Developing countries are at a higher risk as the rate of infection is 3-20 times higher in developing countries as compared to high-income countries.

In the U.S., more than 15 Mn surgeries are performed annually. Between 2% and 5% of patients are estimated develop a surgical site infection, which is between 160,000 and 300,000 surgical site infections nationwide each year. Surgical site infections are among the most commonly occurring HAIs in the U.S., and are the most expensive to treat. Fortunately, the adoption of various disposable devices and kits has reduced the incidence of surgical site infections and HAIs.

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Thus, the increasing preference for the usage of disposable instruments for reducing the occurrence of HAIs is driving the demand for disposable instruments, which is creating growth opportunities for the disposable spinal instruments market.

According to latest research by FMI, the global disposable spinal instruments market is estimated to have accounted for US$ 43.7 Mn in terms of value in 2018. The report on the disposable spinal instruments market further projects that the disposable spinal instruments market is likely to grow at a CAGR of 8.2% during the period 2019-2029.

The demand for disposable instruments kits in the healthcare industry is growing at a significant rate, and the demand from unconventional end-use industries is one of the major factors fuelling the market for disposable spinal instruments. Growth in the number of end users, apart from hospitals, such as orthopaedic clinics and Ambulatory Surgical Centres (ASCs), is expected to create high demand for disposable spinal instruments. Moreover, the adoption of disposable instrument kits by various end users has reduced the risk of infections and cross-contamination, which has resulted in a reduction in the number of HAIs.

Increase in the number of use cases of disposable spinal instruments in hospitals and ASCs is expected to boost the global demand for disposable instrument kits. According to CDC, the number of Medicare-certified ASCs has increased steadily from 239 in 1983 to 5,316 in 2010.

Moreover, increasing geriatric population, which is prone to various types of spinal injuries, is estimated to boost the need for surgeries. This is expected to contribute to the demand for disposable spinal instruments. The increasing requirement of instrument kits during surgeries among the greying population, coupled with improved life expectancy, has created significant growth opportunities for the manufactures of disposable spinal instruments market. However, factors such as stringent regulations and the generation of a significant amount of waste due to the usage of disposable kits is expected to lower the growth of disposable spinal instruments in the forecast period.

The disposable spinal instruments kits segment is a leading segment in terms of revenue by product type in the disposable spinal instruments market, with a 64.5% revenue share in 2018. These kits are most widely used in cervical and lumbar surgeries such as spinal fusion and decompression surgeries. Among the procedure type segments, the spinal fusion sub-segment accounts for the largest revenue share in the disposable spinal instruments market. Among all the end users in the disposable spinal instruments market, the hospitals sub-segment is expected to be a prominent segment, followed by the orthopaedic clinics sub-segment.

The disposable spinal instruments market has been analysed across the regions of North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA. North America, followed by Europe, is a prominent region in the global disposable spinal instruments market. North America accounted for a revenue share of 45.8% in 2018 in disposable spinal instruments market. Europe, accounting for the second-largest revenue share, is followed by East Asia in the disposable spinal instruments market. India, China, and Brazil are emerging markets in the disposable spinal instruments market. China is one of the fastest-growing emerging markets in the global disposable spinal instruments market, and is projected to grow at a CAGR of 11.2% over the forecast period of 2019-2029.

The disposable spinal instruments market report tracks some of the key companies operating in the disposable spinal instruments market, such as ECA Medical, Providence Medical Technology, Inc., Xenco Medical, Paradigm Spine, Intelligent Implant Systems, LLC, Safe Orthopaedics, SA , TeDan Surgical Innovations, LLC, and Joimax GmbH. Majority of the regional players in the disposable spinal instruments market are focused on increasing their product reach and connectivity with the regional distributors of disposable spinal instruments. The manufacturers of disposable spinal instruments are focusing on collaborating with established hospitals and ASCs to sell products as some of the medical practitioners are particular about the type and brand of products used for a surgical procedure.

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

About FMI:

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

Contact Us:

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
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United Arab Emirates
MARKET ACCESS DMCC Initiative
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Animal Model Market Analysis by Growth, segmentation, performance, Competitive Strategies and Forecast to 2028

According to a recently compiled study by Future Market Insights, the global animal model market will reflect an impressive CAGR through the forecast period, 2017 to 2026. Revenues from the global market for animal model are poised to surpass US$ 2,200 Mn by 2026-end.

Leveraging Animal Models offers Better Understanding of Different Diseases

Animals and human beings share a common biological as well as physiological structure. Animals possess shorter life cycle, however they have high genotype resemblance. It is simple and easy to control the animal environment as compared to the human beings.

The animal models are increasingly being used in the biomedical research that helps to develop new treatment methods for various diseases. Leveraging animal models offers a better understanding of different diseases, along with the efficacy of drugs with regard to the diseases.

Owing to these factors, demand for animal models has been witnessing a significant surge in the healthcare sector. Alternatives such as cell cultures, tissue cultures, and computer models are also available, however animal models are more preferred owing to the complexity of the living systems. This further makes animal models an effective choice for biomedical research.

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Development of animal models, which are more predictive in being effective is an iterative process. However, progress is being made, with researchers applying new experimental approaches to elucidate the biology of specific diseases for the creating of new and efficient animal models.

During the development of new drugs dedicated to complex diseases, researchers are being well advised for testing drugs in multiple animal models as well as in mouse strains with different genetic backgrounds.

Researchers are also focusing on employing translational efficacy or pharmacodynamic biomarkers for linking efficacy observed in clinical results with pre-clinical analyses.

Key Takeaways from FMI’s Report on Global Animal Model Market

  • North America is expected to remain the largest and fastest expanding market for animal model, with revenues estimated to surpass US$ 800 Mn by 2026-end. Between animal model markets in Asia-Pacific and Europe, the former will account for relatively larger revenue share, whereas the latter will expand at a comparatively higher CAGR through 2026. Although the market in South Korea will account for the lowest market revenue share, revenues are projected to expand at a relatively higher CAGR than those from the markets in Latin America and Middle East & Africa (MEA) through 2026.
  • On the basis of species, revenues from rats and mice are projected to account for over two-fifth share of the market by 2026-end. Revenues from use of rats in animal models will expand at the highest CAGR in the market through 2026. In addition, revenues from use of cats and monkeys in animal models will rise at a nearly equal CAGR through 2026. Dogs and pigs are expected to remain the least lucrative species used in animal models during the forecast period.
  • Contract research organizations (CROs) and biotechnology companies are anticipated to remain the fast expanding end-users of animal models. Revenues from these two end-users are collectively forecast to surpass US$ 850 Mn by 2026-end. In terms of revenues, academic & research institutions and pharmaceutical companies will continue to be dominant end-users in the global animal model market.
  • Basic and applied research application of animal model will continue to register the fastest expansion through 2026. However, drug discovery/development will remain the most lucrative application of animal model.
  • Key companies actively contributing to growth of the global animal model market include Transposagen Biopharmaceuticals, Inc., Envigo CRS SA, Crown Bioscience, Inc., Eurofins Scientific SE, Genoway SA, Taconic Biosciences, Inc., Trans Genic Inc, The Jackson Laboratory, Horizon Discovery Group plc, and Charles River Laboratories International, Inc.

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• Comprehensive analysis on evolving purchase pattern across different geographies
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• 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

About FMI:

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

Contact Us:

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
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MARKET ACCESS DMCC Initiative
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Toothpaste Tablets Market Size (Value & Volume), Future Trends, Opportunities and Sales Channels, Forecast 2031

Global toothpaste tablets sales are expected to grow at a healthy CAGR of over 6.1% during the study forecast period 2021-2031, despite a period of less growth in 2020, according to a latest study by ESOMAR-certified market research firm, Future Market Insights. The research study tracks toothpaste tablets sales in 20+ countries, offering a lucid analysis on how growth trend will unfold.

Many players in the retail sectors are now switching towards adopting subscription based retail model. A Subscription based business model is looked upon as a favourable strategy for expanding the existing line of product offerings or launching a new business. In light of this, many players operating in the toothpaste tablets market have resorted to subscription based sales model to promote sales and simultaneously retain customers.

Hello is one such oral care brand that follows subscription based model. The brand provides an opportunity to customers to start their subscription by selecting one of the bundle offerings from their portfolios. The consumers are free to select subscription duration as per their convenience.

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Besides this, the brand also offers consumers to create their own customised subscription box of their favourite products. Simultaneously the brand also guarantees free products on every subscription. Such efforts has helped the brand create, develop and expand their business. Subscription based business model is also adopted with an aim to create a loyal consumer base.

In terms of product types, fluoride-free toothpastes tablets account for a significant share in the market. Many players are expanding their offerings also to include new flavoured toothpaste tablets that are more appealing to consumers especially kids.

Key Takeaways from the Toothpaste Tablets Market Study

  • Toothpaste tablet market registers impressive recovery at over 5% y-o-y growth in 2021, following a period of lull in 2020
  • Presence of leading players steering sales in U.S., which accounts for over 88% of the North America market
  • Focus on dental and oral health will continue rising in the U.K., pushing toothpaste tablets sales at 4.7% in 2021
  • France and Germany emerge as strong markets as buyers demonstrate higher willingness to spend on fluoride-free toothpaste tablets
  • Increasing population and higher focus on personal care and hygiene will continue pushing toothpaste tablets sales in China

Impact of COVID-19 on the Market:

The outbreak of covid-19 has caused enormous disruptions in the retail sector in both demand side as well as supply side. Managing demand fluctuations was one of the major challenges encountered by the players in the retail industry. The covid-19 outbreak also drastically impacted consumer’s buying habits. A specular shift from store based retail to online retail was observed. Besides this, the pandemic outbreak also highlighted the importance of ethical living which increased awareness regarding penetration of small scale and local brands in the retail sector.

Who is winning?

Some of the key players present in the toothpaste tablets market are Johnson and Johnson Consumer Inc., Colgate Palmolive Company, Weldental, Inc., DENTABBS GmbH, Bite, Lush Cosmetics Company, Kaylaan LLC., Dental Lace, Inc., Archtek, Inc., Georganics,  Well Earth Goods, Pure Earth Essentials and among others.

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Why Future Market Insights?

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

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

About FMI:

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

Contact Us:

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
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Microalgae Market Trends, Strong Application Scope, Key Players, Growth Overview and Forecast by 2031

Consumers prefer sustainable ingredients when it comes to food and beverage consumption. Thus businesses operating in the food industry are investing in research and development to produce exclusive and high quality goods, as well as embracing the newest expertise which will allow them to ascertain high-quality standards.

Customers predominantly favor brands that have the finest quality products. Hence, competition is growing in the microalgae sector. Coupled with this, they are willing to pay more for high-quality products since they desire food products that are produced using organic ingredients.

Key Takeaways from Microalgae Market

  • In terms of species, spirulina is leading with value share with 41.7% in 2021.
  • Phaedactylum is expected to grow with CAGR 7.9% over forecast period in microalgae food sector.
  • Among end users, health and medical segment is leading microalgae market in 2021, followed by food and beverage sector.

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Increasing Functionality of Microalgae to Propel Growth

The microalgae ingredients currently available in the market do not serve a single purpose. Each microalgae species could be used for a number of purposes. This raises the product’s market value. Its clean label nature also adds to its allure. Because of its range of functionality, researches are being conducted to discover new functionalities and to use microalgae products in these applications to achieve better results.

Despite the fact that different microalgae products have different applications, the function of all of them is essentially the same. The only difference between these products is their effect in these applications.

Who is winning?

Customers are increasingly focusing on service and quality. As a result, companies are investing in research and development initiatives to create unique and innovative high-quality product lines, as well as concentrating on integrating cutting-edge technology to maintain a high standard.

Various manufacturers are focusing on providing microalgae products at the best possible price, due to their increasing demand among customers.

Companies such as Pondicherry Spirulina Farms, an India-based Spirulina producer is selling powder spirulina at a price as low as US$ 3.7-4.5 per Kg which is the lowest price for Powder Spirulina in the world. Global average of Powder Spirulina is US$ 6.5-12.5 per Kg

Some of the other leading microalgae producers are Parry Nutraceuticals, DIC Corporation, Roquette Frères, BASF SE, Fuji Chemical Industries Co., Ltd, BGG (Beijing Gingko Group), Lonza Group AG, Chlorella Industry Co., LTD. Koninkliijke DSM NV, Yunnan Green-A-Bio-engineering Co Ltd, and many more.

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Why Future Market Insights?

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

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

About FMI:

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

Contact Us:

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

Acetone Market Covid-19 Impact Analysis, Size, Share, Key Trends, Demand and Forecast till 2031

A new study by Future Market Insights (FMI), uncovers hidden opportunities within the global acetone market. Driven by the rising applications across diverse sectors, the market is forecast to reach US$ 6.3 Bn by 2021. Despite a temporary setback amidst restrictions imposed to contain COVID-19, the market will continue showcasing growth at a positive rate between 2021 and 2031. Rising application in solvents will continue creating growth opportunities across various industries.

Acetone market is segmented by grade as high purity grade (≥ 99.5%) and low purity grade (< 99.5%). Among these, low purity grade accounts for the dominant share. Low purity grade acetone is used in the production of agricultural chemicals, paints & coatings, adhesives, rubber processing, plastics & polymers and others while high purity grade acetone is preferred for pharmaceuticals and cosmetics & personal care products. The global Acetone market is estimated to reach a total market value of US$ 10,248.6 Mn by the end of 2031, growing at a rate of 4.9% during the forecast period.

The ongoing COVID-19 pandemic has impacted the global economy to a considerable extent causing severe loss to the industrial as well as to the commercial sector. This trend is observed to be true for the Acetone market growth, which is estimated to slightly dip down in the year 2020 and further is projected to get the desirable growth from first half of 2021.

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Key Takeaways of Acetone Market Study

  • Rising at 4.9% CAGR, acetone market will continue registering positive growth between 2021 and 2031
  • Expansion of chemicals sector supporting growth in the U.S. market, which accounts for over 84% share in North America
  • Recovering industrial applications will enable the U.K. market to register 1 y-o-y growth in 2021
  • Germany and France too will showcase positive growth rate as acetone markets within Europe
  • China is projected to hold a relatively larger share in East Asia owing to rising demand for coatings in the manufacturing sector

Solvent application accounts for the maximum share of acetone consumption followed by MMA and BPA. Increasing demand for solvents from industries such as paints & coatings adhesives, agricultural chemicals, pharmaceuticals and others is anticipated to drive the demand for acetone in upcoming future. According to the study, it will account for over 35% of sales in the market in 2021, with projections indicating steady increasing over the forecast period.

In terms of end user industries, chemicals segment dominate the global acetone market and same trend is followed by all regions except South Asia & Pacific, where pharmaceuticals dominate the global market. Furthermore, increasing demand for plastics from end user industries such as automotive and constructions is further anticipated to bolster the demand for acetone in upcoming future. Increasing demand for light weight vehicles is anticipated to increase the consumption of plastic per capita and thereby push the demand for acetone during the forecast period.

Who is Winning?

The global Acetone market can be considered as fairly fragmented, large number of players account for a small share of the total Acetone market. In order to survive in the market, manufacturers are focusing on long-term contracts with raw material suppliers and end users for maximizing profits and ensuring continuous revenue flow.

Key market participants including Ineos Phenol, Altivia Chemicals, Royal Dutch Shell PLC, Sasol Ltd, The Dow Chemical Company, Domo Chemicals GmbH, Formosa Chemical and Fibre Corporation, Cepsa Quimica, SABIC, Honeywell Research Chemicals and Spectrum Chemical Mfg. Corp. amongst others are focusing on increasing their share in global market by entering into strategic acquisitions and collaboration with other market participants. Most of the acetone manufacturers have integrated plants with phenol.

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Rubber Testing Equipment Market 2018: Global Industry Analysis, Size, Share, Growth, Trends And Forecast To 2028

Rubber is made up of various polymers which helps in the usage of it in many industries. There are two different types of rubber which are, natural rubber and synthetic rubber. Natural rubbers are obtained from the rubber trees which consist of isoprene which is an organic compound, and polymers. There are very few impurities found in the obtained rubber. Indonesia and Malaysia are the leading players of natural rubber. Synthetic rubber is also called as artificial rubber or elastomer. These rubber products are synthesized by the by-products of petroleum. Annually there are around 15 Bn Kg of petroleum rubber produced and two third of it comprises of synthetic rubber.

Most of the synthetic rubber produced is used in the mechanical industry to make tires, matting, belts, flooring and other machine parts. In order to check the quality and the working of these rubber material, there is an equipment used to check it, called as rubber testing equipment. Testing equipment’s are used in various fields such as electronic test equipment, electrical testing equipment, and mechanical testing equipment.

Rubber testing equipment’s are used to check the viability, stability and the durability of the rubber material before using it in any industries. Rubber is a growing market in the automotive industry, and hence rubber testing equipment is expected to have a high growth in the upcoming years.

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Rubber Testing Equipment and its Properties:

Rubber testing equipment has been used for many years. There are various types of rubber testing equipment’s available in the market such as, tensile tester, shore hardness tester, MDR, flexing fatigue tester, abrasion tester, brittleness point temperature tester, stress relaxation tester, rebound tester, freezing tester and others. These new instruments in the rubber testing equipment market helps in the measurement of rubber, polymers and rubber compounds during all stages of manufacture.

When the rubber testing equipment is made, it has to meet certain standards such as ISO standards, DST, and ASTM. Few rubber testing equipment’s are digitally operated whereas most of the rubber testing equipment’s are operated manually. There are certain factors which helps in the growth of the rubber testing equipment market, such as increasing demand for durable goods, and growing technological advancements to make rubber testing equipment.

Rubber testing equipment was first presented by Dr. Melvin Mooney. He presented a viscometer which helps gauging the viscosity of rubber. These new formulations help grew the rubber testing market.

Global Rubber Testing Equipment Market: Market Participants

Some of the market participants operating in the global Rubber Testing Equipment market identified across the value chain include U-Can Dynatex Inc., Alpha Technologies, TA Instruments, Ektron Tek, Presto Stantest, Gibitre Instruments Srl, Prescott Instruments, Montech Rubber Testing Instruments, Goettfert Inc., Norka Instruments, among the other Rubber Testing Equipment manufacturers.

Key Developments in the Rubber Testing Equipment Market:

In January 2018, TA instruments announced its new distributor Gulf Bio Analytical Group of Companies (IMSS-GBA) which will supply Integrated Modern Scientific Supplies in the Saudi Arabia region.

Opportunities for Participants in the Rubber Testing Equipment Market:

It is expected that APAC has a significant amount of share in the overall rubber testing equipment market due to the increasing development of the automotive industry in the region. North America region uses more amount of rubber when compared to any other regions, which helps in the growth of the rubber testing equipment market. The automotive industry require rubber in order to maintain the durability. The emerging automotive industry is the major reason for the growing demand for rubber testing equipment’s.

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High Density Polyethylene (HDPE) bottles Market Insights with Upcoming Trends Segmentation, Opportunities and Forecast to 2026

HDPE bottles are those bottles which are made from High-Density Polyethylene (HDPE) granules. HDPE pellets are made by heating petroleum to certain desired temperature. HDPE bottles are strongly preferred over traditional plastic bottles because of its properties such as lightweight yet super durable, impact-resistant, long lasting and weather resistant, resist any mold or rotting and from the manufacturing point of view it’s reusable and easy to mold, and it emits less of harmful gasses during production. For the reasons mentioned above HDPE bottles are now used in packaging of chemicals, detergents, cosmetic, fruit juices, etc. as it doesn’t contaminate any product.

Market: Drivers & Restraints

The market for HDPE bottles is expected to be primarily driven by household and individual’s demand which is increasing across the globe. Large chunk of working population travels a long distances for work, and they look for easy to carry, and sturdy bottles for their needs. HDPE bottles have been able to meet this wide gap, packaging designs, and strategies adopted by various FMCG industries in order to attract customer with a differentiator factor by packaging items in different design and types of HDPE bottles. HDPE bottles can be recycled and for the very fact that recycling saves energy and environment it is very popular in U.S. and as per a press article alone in U.S. 1 billion of HDPE bottles were recycled in 2012 only. Stringent rules and bans imposed by the government on the use of harmful plastic and manufacturing of harmful gasses and chemicals emitted during the production of plastic is a key factor driving the demand for HDPE bottles. Hazards of plastic contaminating the products with which it gets direct contact are few of the possible factors which will drive HDPE bottles market since HDPE bottles carry none of such threats.

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As HDPE granules are made with petroleum, price fluctuation in petroleum can pull the prices of HDPE bottles upwards. Adulteration in the manufacturing of HDPE bottles by mixing with cheap plastic to make profits unethically, recent claims by independent researchers that HDPE bottles emit estrogenic chemicals similar to ordinary plastic which can harm human health can act as a restraint for the growth of HDPE bottles market.

HDPE bottles Market: Regional Outlook

Based on the geographies, global HDPE bottles market is segmented into five regions — North America, Latin America, Europe, APAC, and the Middle East & Africa. Among the regions mentioned above, North America accounts for a significant share of HDPE bottles market, owing to the stringent regulations and norms in using a particular grade of plastic bottles. HDPE bottles have gained a substantial proportion due to its chemical composition which poise slightest threat to life and health, in U.S. product such as fruit juices, milk, detergent, cleaners, etc. are now primarily packaged in HDPE bottles which are in the way giving a massive boost to HDPE bottles market. Europe is followed by North America market for HDPE bottles market following a similar trend as U.S. However, Asia-Pacific market for HDPE bottles market is emerging and it is anticipated to grow substantially over the forecast period with booming F&B industries, pharmaceutical industries, and increasing households with population rise, etc. in the region. In the Middle East & Africa, the market of HDPE bottles are in a nascent stage, and it is expected that the market will grow over the forecast period. Latin America has witnessed a decent start for market of HDPE bottles, due to the demand from various field

HDPE bottles market: Key Players

Some of the major players identified in the HDPE bottles market are, Parker Plastics, Graham Blowpack Pvt.ltd.,  Vivek Polymer India, Maynard & Harris Plastics, CL Smith, All American Containers, O.BERK COMPANY, LLC, Alpha Packaging, Kaufman Container, Fisherbrand

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 geography, technology, and applications.

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Wild Rice Market Growth Trends, Key Players, Competitive Strategies and Forecasts to 2027

Wild rice is a member of the grass family and not rice. It is a long black grain, traditionally grown in the area such as isolated river bed and lake locations. It is native to North America and China having a nutty texture and holds its long shape after cooking. It is commonly used as an added constituent to recipes such as salads as well as mixed with other types of rice to create blends. The species forming a genus Zizania includes northern wild rice, wild rice, Texas wild rice, and Manchurian wild rice, among which first three are native to North America while the last one is native to China. Wild rice is low in fat and high in dietary fiber, the amino acid lysine, and protein, therefore it is preferred by most of the consumer as a substitute for rice, owing to high health consciousness among consumers.

Global Wild Rice Market Dynamics:

The growth of the global wild rice market is driven by growing demand for low-fat containing food and increasing health consciousness among consumers. The properties of wild rice including low in fat and high in dietary fiber, the amino acid lysine, and protein fueling the global wild rice market. Macroeconomic factors such as growing economy, changing lifestyle, increasing per capita income, and rapid rate of urbanization driving the global wild rice market. However, the high cost of wild rice and black rice as its substitute are expected to restrain the demand for global wild rice market. Some of the factors trending the global wild rice market include mergers & acquisitions between wild rice market players and its suppliers and high investment in the food industry. Companies operate in the wild rice market can increase its share through collaboration with wild rice suppliers, backward integration, and by offering organic products in the market.

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Global Wild Rice Market Segmentation:

The global wild rice market is segmented on the basis of product type, packaging type, distribution channel, end-user, and region. Based on product type global wild rice market is segmented as ready-to-eat and grains. Among which ready-to-eat segment is expected to expand at a relatively high CAGR in global wild rice market. On the basis of packaging, the global wild rice market is segmented as cartons, pouches, boxes, glass and plastic jars, wherein pouches segment is expected to expand at a relatively high growth rate over the forecast period.

Based on distribution channel, the global wild rice market segmented as wholesale and retail. Among which wholesale segment is expected to account for relatively high revenue share, attributed to rapidly growing food service industry, whereas retail segment is expected to expand at relatively high value as well as volume share in global wild rice market. The retail segment is again fragmented into convenient stores, hypermarkets/supermarket, e-Commerce, and individual stores. Among which, hypermarkets/supermarket, the segment is expected to contribute for major revenue share whereas, e-Commerce segment is expected to expand at a significant CAGR in the global wild rice market, attributed to increasing adoption of e-Commerce across the globe. On the basis of end-user, the global wild rice market is segmented as consumers, food services, and food manufacturers, wherein food services segment has significant revenue share, whereas, consumers segment is expected to register significant CAGR, over the forecast period.

Global Wild Rice Market Regional Outlook:

Based on the geographies, the global wild rice market is split into seven regions including North America, Western Europe, Eastern Europe, Japan, Asia-Pacific except Japan, Latin America, and the Middle East & Africa. Among the regions, North America is expected to dominate the global wild rice market with relatively high growth rate, owing to high demand for wild rice across the regions. Europe is followed by North America and is expected to expand at a significant growth rate in wild rice market, owing to high health awareness among consumers across the region. Asia-Pacific is expected to expand at significant growth rate, attributed to rapid rate of urbanization, rapidly growing population, and changing lifestyle of consumers across the region. The wild rice market in Asia-Pacific is also driven by high demand for wild rice in China, as wild rice is native to China.

Global Wild Rice Market Player:

Few players in the global wild rice market include Moose Lake Wild Rice, SunWest Foods Inc., Amira Nature Foods Ltd., Lundberg, Nature’s Gourmet Foods, Inc., InHarvest, Inc., Lake of the Woods Wild Rice CO., Gibbs Wild Rice CO., Erickson Processing Inc., Coilws Com Inc., and Agassiz Wild Rice LLC.

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