Animal Artificial Insemination Market is likely to gain impetus, exhibiting 6.5% year-on-year growth in 2021

According to Future Market Insights (FMI) analysis, demand for animal artificial insemination is expected to rise considerably, enabling the animal artificial insemination market to surpass US$ 2.0 Bn in valuation by the end of 2021.

Rising initiatives by various governments worldwide to ensure food security are expected to sustainably drive demand for artificial insemination in animals. Besides this, demand for genetically superior quality cattle breed will have a positive impact on the market.

Increasing consumption of animal protein and demand for high-quality milk and dairy products will fuel the demand for animal artificial insemination procedures between 2021 and 2031.

Global meat production has increased in the past several years and is estimated to increase from 218 million tons to 376 million tons by 2030. According to the Organization for Economic Co-operation and Development (OECD), the U.S. meat consumption was on average of 35kg per capita in 2020.

There also has been an increase in per capita consumption of milk and milk products. According to the OECD and FAO, in 2020, the global per capita dairy consumption of milk and dairy products was estimated at 113.7 kg. Also, it is estimated that this number is expected to increase by 44% by 2029.

The rise in consumption of animal proteins and milk products has made dairy farmers and livestock breeders to focus on obtaining genetically better breed for large-scale productions. This also is expected to boost the growth of the animal artificial insemination market.

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Key Takeaways from Animal Artificial Insemination Market Study

  • Despite restricted growth amid pandemic crisis, the demand for artificial insemination is expected to witness a small push and thus, is expected to rise nearly 5.4 % CAGR between 2021 and 2031.
  • Growing awareness regarding animal health and growth in per capita animal expenditure are the key factors attributable for the rising demand of artificial insemination process.
  • The U.S. accounted for the largest share of 93% of the North America animal artificial insemination market through the forecast period.
  • In 2021, Germany led the Europe animal artificial insemination market, followed by France and U.K., accounting for more than 20% and 15 % respectively.
  • China is the fastest-growing market in East Asia, exhibiting a 7.4% CAGR through 2031.

“Research and development initiatives by governments coupled with advancements in biotechnology and animal science will offer lucrative growth opportunities for animal artificial insemination market,” said a FMI Analyst.

Advancements In Biotechnology and Animal Sciences To Offer Growth Opportunities

Artificial insemination (AI) in animals has transitioned from being just a novel method to impregnate the female to be an advanced technique used for improving the livestock by protecting it from various infectious diseases.

Greater focus on innovation coupled with advancements in biotechnology to avoid animal diseases is expected to create a favorable platform for the development of artificial insemination products, especially, in high-income economies such as the U.S., U.K. Germany. Artificial insemination (AI), Embryo transfer (ET), in-vitro fertilization (IVF), and somatic cell nuclear transfer are some of the emerging technologies in this space.

Continued investments in research towards genetic improvements could improve the breeding quality of animals using artificial insemination procedures, hence providing opportunities for market growth.

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Who is Winning?

The global market is set to expand due to the growing demand for animal services and the rising prevalence of animal diseases. To expand their product offerings, leading players within the market are focused on expanding by pursuing mergers, acquisitions and collaboration as one of their key growth strategies. Also, this would allow the key players to strengthen their presence in the region as well as global markets.

Some of the leading players in the global animal artificial insemination market include but are not limited to Boehringer Ingelheim, Elanco Animal Health, Zoetis Inc., Merck & Co., Inc., Swine Genetics International, Revival Animal Health Inc., Jorgensen Laboratories Inc., Agtech Inc., ABS Global, Inc., Continental Plastic Corporation, and IMV Technologies.

Animal Artificial Insemination Market by Category

Product type

  • Insemination Equipment
    • Catheters
    • Micromanipulation Pipettes
    • Insemination Gun
  • Artificial Insemination Syringe
  • Insemination Sheath
  • Artificial Insemination Applicator
  • Reagent Media
    • Bovine Media
    • Equine Media
    • IVF Media
  • Thawer
  • Accessories
  • Artificial Insemination Kits
  • Others
  • Artificial Insemination Straws

Animal Type

  • Canine
  • Feline
  • Swine
  • Bovine
  • Equine
  • Ruminant

Procedure Type

  • Semen Collection Procedures
    • Artificial Vagina
    • Electrostimulation
  • Insemination Procedures
    • Recto Vaginal
    • Spectrum
    • Vaginal

End Users

  • Animal Hospitals
  • Animal Clinics
  • Animal Breeding Centers
  • Others

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Region

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

Platelet Rich Plasma Market is projected to expand at steady 6% CAGR through 2031

ining the market dynamics such as drivers, restraints and opportunities, along with Porter’s five force analysis and market attractiveness analysis. In addition, various analyses such as event impact analysis, regulatory scenario and value chain analysis has also been provided. Event impact analysis encompasses the major events occurred in past decade and are expected to occur during the forecast period and are likely to affect the market dynamics positively or negatively. Value chain analysis includes the study of major steps involved in the PRP devices preparation and distribution. Regulatory scenario includes the study of different regulatory norms and procedures that regulate the approval and commercialization of PRP devices and products.

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The global PRP market has been segmented on the basis of types, origins and applications. On the basis of types, the global PRP market is categorized as pure-PRP (P-PRP), leukocyte-rich PRP (L-PRP) and pure PRF/leukocyte-rich PRF (L-PRF). Moreover, on the basis of origin, the PRP market has been segmented into autologus, homologus and allogenic PRP. Furthermore, on the basis of applications, the global PRP market has been classified as neurosurgery, cosmetic surgery, orthopedic surgery, general surgery and others (cardiothoracic surgery, urology, periodontal surgery and oral and maxillofacial surgery). The market for these types, origins and applications has been extensively analyzed on the basis of factors such as usage pattern, sales revenue, geographic presence and technological developments. The market size and forecast in terms of revenue (US$ Mn) for each of these segments have been provided for the period 2012 to 2026, considering 2013 as the base year.

Geographically, the PRP market has been classified into four segments namely, North America, Europe, Asia-Pacific and Rest of the World (RoW). The market size and forecast for each region has been provided for the period 2012 to 2026, in terms of origin, types and applications, along with the CAGR (%) for the forecast period 2015 to 2026.

The report also provides a section on the competitive landscape, wherein the market share analysis of leading players in the global PRP market, in terms of percentage share in 2013 has been discussed. A list of recommendations has also been included for new entrants as well as existing market players to help them establish a strong presence in the market and increase their market share. The report concludes with the profiles of major players in the global PRP market such as AdiStem Ltd., Arteriocyte Medical Systems, Inc., Arthrex, Inc., Biomet, Inc., Cesca Therapeutics, Inc., DePuy Synthes, Inc., Dr. PRP America LLC., EmCyte Corporation, Exactech, Inc., Harvest Technologies Corp., Nuo Therapeutics, Inc., Regen Lab SA, and Stryker Corporation. The major market players are evaluated on various parameters such as company overview, financial overview, product portfolio, business strategies and recent developments.

Global Platelet Rich Plasma (PRP) Market is segmented as follows:

  • Global Platelet Rich Plasma (PRP) Market, by Types
    • Pure-Platelet Rich Plasma (P-PRP)
    • Leukocyte-Platelet Rich Plasma (L-PRP)
    • Leukocyte-Platelet Rich Fibrin (L-PRF)
  • Global Platelet Rich Plasma (PRP) Market, by Origin
    • Autologus
    • Homologus
    • Allogenic

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  • Global Platelet Rich Plasma (PRP) Market, by Applications
    • Orthopedic Surgery
    • Cosmetic Surgery
    • General Surgery
    • Neurosurgery
    • Other Surgeries (Urological, Cardiothoracic, Periodontal and Oral and Maxillofacial)
  • Global Platelet Rich Plasma (PRP) Market, by Geography
    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World (RoW)

Explore Wide-ranging Coverage of FMI’s Healthcare Landscape

Centrifugal Blood Pump Market – A slew of cardiovascular products were launched for the management of cardiac disorders over the last decade and development of more are currently underway. With leading manufacturers expecting the demand to surge amid COVID-19, centrifugal blood pump sales are set to grow steadily through 2030.

Pharmaceutical Intermediates Market – The global diabetes prevalence in 2019 is estimated to be 9.3% (463 million people), rising to 10.2% (578 million) by 2030, and the number is rising rapidly. Pharmaceutical drugs have remained key to management of chronic diseases and other diseases.

Respiratory Inhaler Devices Market – A slew of new drugs were launched for the management of asthma and COPD over the last decade and development of more are currently underway. With leading drug manufacturers expecting the demand to surge amid COVID-19, respiratory inhaler sales are set to grow steadily through 2030.

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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Oxytocin Market : Value Chain, Stakeholder Analysis and Trends by 2030

ESOMAR certified consulting firm Future Market Insights (FMI) has recently published an exhaustive yet unbiased report on the global oxytocin market, highlighting the prominent parameters responsible for steering growth in the long-run. The study opines global oxytocin sales to grow at over 8% through 2030, with growing focus on preventing PPH incidences expected to drive demand.

While the frequency of childbirths is increasing, the number of complications faced by women are also compounding. The Center for Disease Control and Prevention estimates that over 50,000 women across the U.S endure life-threatening complications.

Consequently, healthcare providers are incorporating solutions aimed at reducing trauma faced by patients which include numerous approaches. A common complication faced by women is postpartum hemorrhage, for which oxytocin treatment is a highly preferred option. A value CAGR exceeding 8% is projected for the market through 2030.

Key Takeaways

  • Postpartum hemorrhage (PPH) solutions to comprise nearly 90% of the revenue share in 2020 by product type
  • Hospital pharmacies remain key distribution channels, online pharmacies’ popularity to widen
  • Opportunities abound across the Middle East & Africa (MEA) owing to rising PPH incidence in Africa
  • Global oxytocin market is projected to reach US$ nearly US$ 165 Mn by 2030

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“Government initiatives to promote women and children’s health are bolstering global efforts to improve maternity care across healthcare settings, thereby opening significant growth avenues for the global oxytocin market,” comments the FMI analyst.

COVID-19 Impact Analysis

As the COVID-19 pandemic intensified, the global medical fraternity is facing immense challenges as resources are being redirected towards eradicating the deadly virus. Consequently, other treatment areas have been relegated to the backseat, including maternity care. This is a cause of concern amongst leading healthcare specialists.

Therefore, efforts are being made towards ensuring adequate and proper treatment to pregnant women across all regions. Furthermore, oxytocin has also been touted as an effective anti-viral agent, thus raising optimism that it could be effectively leveraged to promote drug or vaccine development.

The National Center for Biotechnology Information hypothesizes that oxytocin contains dipeptidyl peptidase-4 (DPP4) protease inhibitors could be effective against the existing novel coronavirus strain. It further propagates that enhancing endogenous oxytocin levels could increase viral resistance and improve health of vulnerable groups.

Competitive Landscape

Prominent players in the global oxytocin market include Pfizer Inc., Novartis AG, Ferring B.V., Fresenius Kabi LLC, Hikma Pharmaceuticals PLC, Endo International Plc. (Par Sterile Products, LLC), Teva Pharmaceuticals Ltd., Mylan N.V., Wockhardt Ltd., Sun Pharmaceutical Industries Ltd. and Yuhan Corporation.

The market is highly fragmented, peppered with numerous regional and global level market players. These players largely concentrate on forging strategic collaborations with existing players, regional distributors, product launches and acquisitions. Most players are concentrating on offering anesthetic oxytocin solutions to reduce labor induced complications for C-section operations.

More Insights on FMI’s Oxytocin Market Report

Future Market Insights (FMI) brings the comprehensive research report on forecast revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030. The study provides compelling insights on oxytocin market on the basis of indication (antepartum and postpartum) and distribution channel (hospital pharmacies, retail pharmacies, drug stores and online pharmacies) across seven major regions.

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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
  • 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

Explore Wide-ranging Coverage of FMI’s Healthcare Market Insights Landscape

General Anesthesia Drugs Market – A recent market study published by FMI on the general anesthesia drugs market during 2014-2018 & forecast for 2019-2029 offers a comprehensive assessment of the most important market dynamics.

Companion Animal Drugs Market – A recent market study published by Future Market Insights on the companion animal drugs market includes global industry analysis 2014-2018 & opportunity assessment 2019-2029

Prophylactic HIV drugs Market – Prophylactic HIV drugs Market: Global Industry Analysis 2014 – 2018 and Opportunity Assessment 2019 – 2029

About Future Market Insights (FMI)

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

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Commercial Slush Machine Market 2021 Future Trends, Opportunities, Strategies to Boost Growth, Applications with Covid-19 Impact till 2028

Commercial slush machine is used for quickly making frozen drinks and beverages. Commercial slush machines are widely used in the making of various frozen drinks such as smoothies, slushies and frozen cocktails. Commercial slush machines can also mix frozen liquids and powders with water which saves time of manual mixing. The commercial slush machine not only stores the beverage at constant low temperature but also continuously mix the contents and maintains the frozen drinks texture and taste. The commercial slush machine is widely used in the cafes, restaurants and bars. In the recent years the commercial slush machines are also finding applications in institutional cafeterias and canteens. Also, the commercial slush machines are getting attraction from gas stations and convenience stores for serving the thirsty customers.

Commercial Slush Machine Market: Dynamics

The growth of the food & beverage industry will be the main factor which will drive the growth of the commercial slush machine market. Rising urbanization in the developing countries has led to shift in changing in lifestyle and eating habits, owing to which the youth population and working population are inclining towards eating at food service outlets. Increasing disposable income has increased the spending on dining out at HoReCa, also many companies are emphasizing on carrying the meetings and conferences outside in restaurants, cafes and lounges which is having a positive impact. Growing tourism industry in various regions is positively impacting the commercial slush machine market. In the developing countries chains of restaurants and cafes such as Starbucks are growing in size, owing to which there will be boost in the commercial slush machine market. Development and the expansion of midsized cities due to the increasing population and urbanization is increasing the number of restaurants and cafes, owing to which there is increase in demand for commercial slush machines. The rising number of institutional cafeterias and canteens have increased the demand for commercial slush machine.  In developed regions commercial slush machines are gaining attention from convenience stores, gas stations among other business areas. Availability of other alternative beverages and strong reliance on imports in developing regions will act as restraining factor for the commercial slush machine market.

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Commercial Slush Machine Market: Regional Outlook

Increasing urbanization in the Asia Pacific regions has led to the change in lifestyle & eating preferences. Also the increasing spending capacity has led to increase in expenditure on eating outside. Cross culture scenario in the Asia Pacific region is leading to the growth of foreign culture amongst the youth population, owing to which there is increase in spending on outside eating especially in cafes and restaurants, also the size of restaurants &  café chains is increasing in countries like India & China. Owing to the above mentioned factors Asia Pacific will be prominent market for commercial slush machines. The regions such as North America and Europe are matured markets in terms number of cafes and restaurants, due to which North America and Europe will be sluggishly growing market for commercial slush machines. Increasing urbanization in Africa and rising tourism industry in Middle East region will jointly make Middle East and Africa a promising market for commercial slush machine. Growth in urbanization and expansion of mid-sized cities in Latin America region will make it potential market for commercial slush machine.

Commercial Slush Machine Market: Key Participants

Examples of some of the market participants operating in the global commercial slush machine market are

Elmeco, Chubu Corporation, Wilbur Curtis Co., The Vollrath Company, LLC, Omcan Inc., Cofrimell S.a.s, MKK, Ugolini spa, H&H Products Company, Mr.Slush, CAB SpA among others.

The Commercial Slush Machine market research report presents a comprehensive assessment of the Commercial Slush Machine 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 Commercial Slush Machine market research report provides analysis and information according to Commercial Slush Machine market segments such as geographies, application and industry.

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The report covers exhaustive analysis on,

  • Commercial Slush Machine Market Segments
  • Commercial Slush Machine Market Dynamics
  • Commercial Slush Machine Market Size
  • Commercial Slush Machine Supply & Demand Scenario
  • Current Trends/Issues/Challenges in Commercial Slush Machine market
  • Competition & Companies involved in Commercial Slush Machine market
  • Technology used in Commercial Slush Machine Market
  • Value Chain of Commercial Slush Machine Market

Regional analysis includes,

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics)
  • Eastern Europe (Russia, Poland, CIS)
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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

Commercial Slush Machine Market: Segmentation

The global commercial slush machine market can be segmented on the basis of machine type, capacity and by end use.

The global commercial slush machine market is segmented on the basis of machine type:

  • One Tank
  • Two Tank
  • Three tank

The global commercial slush machine market is segmented on the basis of its capacity:

  • One gallon
  • Two to three gallon

The global commercial slush machine is segmented on the basis of its end use:

  • Institutional
  • Hospitality

Report Highlights:

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

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Transcranial Doppler Devices Market Expectations and Growth Trends Highlighted Until 2027

Transcranial Doppler is an examination technique uses to measure brain’s blood flow velocity from the basal intracerebral vessels by measuring echoes produced from ultrasound waves which are moving transcranially.A low-frequency transducer nearly of 2 MHz is used to enable sufficient transmission of ultrasound waves through the skull. Transcranial Doppler has an excellent diagnosis accuracies.

Transcranial Doppler is relatively quick and detects arteriovenous malformations, ischemic cerebrovascular disease, sickle cell and cerebral circulatory arrest. Its non-invasive nature and high temporal resolution make it supreme for the study of cerebral hemodynamics. The developed Transcranial Doppler system is an exclusive combination of the certified medical device and research equipment. Technical advancement has led the quick development of portable devices , due to chip integrated circuits containing fast, integrated and low power systems. The impact of such improvements in reforming the global healthcare sector is also recognized as a fundamental factor driving the demand for Transcranial Doppler systems.

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Transcranial Doppler Market: Drivers and Restraints

Variability in age, hematocrit, gender, increase in blood pressure and mental or motor activity disorders, rising awareness of neurodegenerative diseases among a population and has therapeutic potential are the primary drivers for Transcranial Doppler market. Its unique design allows the implementation of the advanced signal processing while keeping the costs low. Transcranial Doppler also used in combination with CT scan, MRI, MRA and carotid duplex ultrasound. Transcranial Doppler technology allows help clinician to gain knowledge about concerned flow characteristics within the insonated vessel and helps in rapid decision making. Poor reimbursement policies and lack of trained professionals are the main challenges for transcranial Doppler market.Systems only built for adults because of the design in which head size is fixed to a narrow range of circumferences excluding to perform check on infants and small children due to their small head size.

B-mode Transcranial color-coded duplex (TCCD) combines pulsed wave Doppler ultrasound identifies the arteries abo ut various anatomic locations with a cross-sectional view of the area of insonation. M-mode display, more advanced technology provides multi-gate flow information and recently Transcranial Doppler market is based on this new technology.

Transcranial Doppler market segmentation on end users including hospitals, clinics, and surgical centers use it for diagnosis of acute ischemic stroke, intracranial steno-occlusive disease, collateral flow, sickle cell disease, micro- emboli detection and some cerebrovascular diseases.

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Transcranial Doppler Market: Overview

Strategic collaborations between manufacturers, suppliers and end users and is expected to boost revenue growth of the transcranial Doppler devices market over the forecast period. Transcranial Doppler is aninvaan invasiveique which is the most preferred tool across the majority of clinical uses and the assumptions made about vessel diameter on Transcranial Doppler. According to WHO report, approximately 6.8 million people die every year because of neurological disorder. In the U.S each year more than 1 million athlete experience concussion, according to an AAN press release. Transcranial Doppler is an advanced form of ultrasound may provide a more accurate diagnosis of concussion.

Transcranial Doppler Market: Region-wise Outlook

North America market of Transcranial Doppler dominates the market of other regions. Geography and application classify North America transcranial Doppler market. The primary application of North AmericaTranscranial Doppler market is the diagnosis of sickle cell anemia, emboli detection, and intracranial stenosis.

European and North America region comprises of a vast number of aging population which increases the risk of mental or brain disorders are the primary drivers for the increase in transcranial Doppler market. As per WHO report the economic cost of the neurological disorder in Europe was estimated at 139 million euros, in 2004. In Asia, because of diverse environmental conditions as well as changing lifestyle have led to brain diseases among adults as well as geriatric population. This has created high demand for brain monitoring devices for rapid diagnosis increasing the TCD market. In addition to these factors, government and nongovernment players are investing the huge amount in health care sector.

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Transcranial Doppler Market: Key Market Participants

Some of the major companies that have contributed towards this market are Cadwell Laboratories , Inc., Natus Medical, Inc., Life Sciences, Spiegelberg GmbH & Co. KG, Covidien, Elekta, Rimed Ltd., andAtys Medical.

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

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

About Future Market Insights (FMI)

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

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Banking-as-a-Service (BaaS) Platform Market will increase at a healthy CAGR of 15.7% from 2021-2031

According to the banking-as-a-service (BaaS) platform industry analysis by Future Market Insights (FMI), the demand registered in the market will increase at a healthy CAGR of 15.7% from 2021-2031.

The report also forecasts that the market will surpass a valuation of ~US$ 2.8 Bn by the end of 2021. As per FMI, rapid technological advancements and presence of application programming interface (APIs) have created prospects for banking-as-a-service (BaaS) platforms. These technologies have become essential in improving economic competitiveness, thereby propelling the market growth.

Over the past few years, BaaS has emerged as a new and innovative way for banks and third parties to collaborate in order to provide customers with digital-only banking products and services and enhanced customer experiences. BaaS has caused a shift in the way that banks and third parties work together and has huge advantages for both the incumbent players and those starting out in the financial services industry.

Increased competition has led to increased innovation in the banking space which in turn has led to improved digital experiences for customers. Customers have greater choice than ever before when it comes to what financial products and services they use.

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Key Takeaways: Banking-as-a-Service (BaaS) Platform Market

  • By solution, the banking as a service platform segment is anticipated to account for the leading share in the global demand for banking-as-a-service (BaaS) platform during the forecast period. However, the banking as a service APIs segment is estimated to grow at a robust CAGR of 17.1% through 2031.
  • By enterprise size, the integration of BaaS platform in small & mid-sized organizations is anticipated to increase at a CAGR of 16.6% between 2021 & 2031, while large organizations are currently dominating the market share.
  • The adoption of banking-as-a-service (BaaS) platform by fintech corporations is expected to rise at maximum pace. As per FMI, demand in this segment will increase by a CAGR of 18.2% between 2021 and 2031.
  • Europe is expected to lead the market followed by North America in 2021. South Asia & Pacific is anticipated to emerge as the fastest growing region between 2021 & 2031.
  • The market in Japan is expected to progress at a CAGR of 17.9% through 2031.
  • In the U.K., sales are expected to increase at a CAGR of close to 16% over the next ten years.

 “Fintechs and digital banks have been encroaching on incumbent institutions in the banking game and disrupting traditional business models — but by moving into the BaaS space. Tech-savvy legacy banks can turn this looming threat into an opportunity” says FMI analyst.  

COVID-19 Impact Analysis on Banking-as-a-Service (BaaS) Platform Market

The outbreak of COVID-19 has led to more usage of banking components because remote working and social distancing have helped digital banking gain a huge customer base. COVID-19 has been a defining moment for digital transformation, as financial institutions that invested strategically & financially in the digitalization process over the past decade, have been better prepared to navigate these shifts and respond to the crisis.

The market has witnessed a significant growth previously, but due to the unexpected COVID-19 outbreak, the market will witness additional growth in 2020, owing to the rising demand for seamless banking transactions. This growth will be majorly driven by changing customer behavior, increasing focus of the people from visiting bank branches to online access of bank services.

Hence, implementation of banking-as-a-service (BaaS) platform would be highly valuable during the COVID-19 period due to several factors such as rising use of electronic transactions amid pandemic crises, and to enable stress-free banking activities.

According to a 2020 World Bank survey, the fintech market has continued to help expand access to financial services during the COVID-19 pandemic—particularly in emerging markets—with strong growth in all types of digital financial services except lending. On an average, Fintech firms reported around 11% growth in volume of digital payment transactions, in H1,2020 as compared to H1,2019. Fintech innovations are helping reduce the cost of providing services, making it possible to reach more people, and reducing the need for face-to-face interactions, essential for keeping up economic activity during the pandemic.

Thus, the demand for banking-as-a-service (BaaS) platform is estimated to grow around 11.6% to 13.8% Y-o-Y from 2019 to 2021.

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Rapid Shift towards Embedded Finance

More and more nonbank companies are offering financial services, such as bank accounts or wallets, payments, and lending. Today, companies of all types and levels of maturity—including retailers, telcos, big techs and software companies, car manufacturers, insurance providers, and logistics firms—are considering and preparing to launch embedded financial services to serve business and consumer segments.

To meet the rising demand for embedded finance, financial institutions are increasingly offering banking as a service (BaaS)—bundled offerings, often white-labeled or cobranded services that nonbanks can use to serve their customers. With the acceleration of digitization, including automation and APIs, banks can scale BaaS faster, putting embedded finance within reach for more companies considering it. This is further estimated to fuel up the banking-as-a-service (BaaS) platform market growth prospects in the near future.

Banking-as-a-Service (BaaS) Platform Outlook by Category

By Solution:

  • Banking as a Service Platform
  • Banking as a Service APIs
  • Services
    • Payment Processing Services
    • Digital Banking Services
    • KYC Services
    • Customer Support Services
    • Others

By Enterprise Size:

  • Small & Mid-sized Organizations
  • Large Organizations

By End User:

  • Banks
  • FinTech Corporations
  • Investment Firms
  • Others

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By Region:

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

Dyslexia Treatments Market Latest Advancements and Business Opportunities 2027

Dyslexia is neurologically based and often hereditary. It is associated with difficulties in reading, writing, spelling and organization. Functional Magnetic Resonance Imaging shows that the brains of people with dyslexia develop and function in a different way.3 Dyslexia makes fluent reading difficult, which affects not only academic success but also self-esteem and social-emotional development.

Impact of COVID-19 on the Healthcare Industry

The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower. It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.

Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Dyslexia Treatments Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as along with the key takeaways over the forecast.

The team of analysts at Future Market Insights are focussing on research and market study to produce different Dyslexia Treatments Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Dyslexia Treatments Market.

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Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are: DK Pharmachem, Pfizer Inc., RPG Life Sciences Ltd, Wallace Pharmaceuticals Ltd., Cian Healthcare Pvt Ltd, Rhodes Pharmaceuticals, L.P., Purdue Pharma, Apotex Corporation and Unither Pharmaceuticals

Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:

On the basis of drug type the dyslexia treatments market can be segment as:

  • Cyclizine
  • Meclizine
  • Dimenhydrinate
  • Methylphenidate

On the basis of distribution channel the dyslexia treatments market can be segment as:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

Product Segmentation

The investigation offers a top to bottom evaluation of different clients’ journeys pertinent to the market and its segments. The study endeavours to assess the current and future development possibilities, undiscovered roads, factors that shapes their income potential in the global market by breaking it into di such as its types, applications, and region-wise assessment.

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By Regional Analysis Covered

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

Full in-depth analysis of the parent market

The analysts at FMI are dedicated to provide insights after extensive research and study. The study also includes estimations, projections and evaluation of the market dynamics.

Important changes in market dynamics

The report has been created after detailed and exhaustive studies by the analysts at FMI taking several factors into consideration like monetary, ecological, social, mechanical, and political status of a particular demography. They study the key data to assess the revenue and production of manufacturers across various regions. The report also covers an in-depth analysis of the key changes in market dynamics in the recent past and the near future.

Segmentation details of the market

  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets

Queries Solved

  • What is the size of the overall Dyslexia Treatments Market in the Healthcare Industry and its segments?
  • What are the key segments and sub-segments in the market?
  • What are the key drivers, restraints, opportunities, and challenges of the Dyslexia Treatments Market in the Healthcare Industry, and how they are expected to impact the market?
  • What are the attractive investment opportunities within the Dyslexia Treatments Market in the Healthcare Industry?
  • What is the Dyslexia Treatments Market in the Healthcare Industry size at the regional and country-level?
  • What are the key market players focusing on?
  • What are the strategies for growth adopted by the key players in Dyslexia Treatments Market in the Healthcare Industry?
  • What are the recent trends in Dyslexia Treatments Market in the Healthcare Industry? (M&A, partnerships, new product developments, expansions)?
  • What are the challenges to the Dyslexia Treatments Market in the growth of the Healthcare Industry?
  • What are the key market trends impacting the growth of the Dyslexia Treatments Market in the Healthcare Industry?

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Table of Content

  • Executive Summary
  • Market Overview
  • Key Success Factors
  • Global Dyslexia Treatments Market – Pricing Analysis
  • Market Background

Reasons to Buy the report

  • We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
  • Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
  • The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

Explore Wide-ranging Coverage of FMI’s Healthcare Landscape

Dermal Fillers Market – Diverse applications of dermal fillers in helping to improve an individual’s appeatance have been sustaining growth of the market. According to FMI, dermal fillers market is projected to exhibit 2.9% CAGR between 2021 and 2031.

Electrophysiology Market – Cardiac complications are grim health concerns, reported by the World Health Organization (WHO) for being the leading cause of death. Various interventional procedures and implantable cardiac devices are instrumentally implemented for the management of the cardiac arrhythmias.

Respiratory Devices Market – According to the World Health Organization (WHO), chronic obstructive pulmonary diseases (COPD) is a major health concern and is one of the leading causes of death globally. Technologically advanced medical devices and effective drugs have become key to the management of COPD and other respiratory disorders.

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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Obesity Management Market revenue will total US$ 788.6 Million in 2021, expected to reach US$ 1.3 Billion by 2031

Obesity is a prominent community health problem in many parts of the world. It is associated with numerous health disorders including gallbladder disease, heart disease, diabetes, stroke, hypertension, and fatty liver disease in addition to some cancers. According to a recent Future Market Insights (FMI) report, the market is set to surpass US$ 1.2 Bn by the end of the forecast period in 2031, with a CAGR of over 5%.

Globally, more than 1 billion individuals are overweight or obese and the numbers continue rising. This high prevalence of obesity will drive demand for obesity management products and services in the long term.

According to the World Health Organization (WHO), approximately 1.9 billion adults were overweight and 650 million adults were obese. Whereas 38.3 million children under 5 years of age were either overweight or obese in 2019. One in three adults in North America is obese. In the U.S., 80 million adults and 12.7 million children suffer from obesity.

Furthermore, there has been an increase in the per capita healthcare expenditure, especially in developed countries, with better reimbursement policies. People are now inclined towards out-of-pocket expenditure healthcare. Personal health, grooming, and concerns over social discrimination are leading people to take obesity management consultations.

However, the unprecedented pandemic crisis has had a significant impact on the obesity management market due to a slump of patient footfall in hospitals and clinics. Preference is now being given to the treatment of COVID-19 patients, limiting resources for anti-obesity consultations and related drugs or surgeries.

Also, there has been a halt in clinical trials for weight management drugs. However, with the availability and commencement of the COVID-19 vaccination, the clinical trials are resuming and are anticipated to pick up pace during the forecast period. Also, the adoption of telehealth and in developing countries is likely to bode well for the future of the market in the long term.

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Key Takeaways from Obesity Management Market Study

  • Bupropion and Naltrexone will reflect register faster growth at a CAGR of 8.4%, owing to an increase in the preference for combination therapy in weight management.
  • Gastric sleeve surgery will account for over 40% of the market throughout the forecast period owing to benefits of simplicity and time-efficiency.
  • The U.S. will lead the North America market with a share of over 64% in 2021, driven by continuing diet and lifestyle issues prevalent in the country.
  • Germany followed by Russia are leading markets in Europe, reflecting CAGR of over 6% through the end of 2031, driven by improvements in public health programs.
  • Japan dominates the East Asia market, accounting for 49% value share in 2021, with government awareness programs contributing to growth.

“The rapidly increasing obesity cases and the resultant chronic diseases have triggered concern among patients and healthcare professionals. The COVI-19 crisis has alarmed people, as overweight people are at higher risk of acquiring SARS-COV2. This consciousness may help in encouraging obesity management uptake through 2021 and beyond,” says the FMI analyst.

Key Participant Insights

Prominent players in the Obesity Management Market are focusing on collaborations, mergers & acquisitions for global expansion and enhanced opportunities focused on emerging economies thereby, enhancing their market presence.

The key market players covered by FMI include GlaxoSmithKline Plc., VIVUS, Inc., Novo Nordisk A/S, Currax Pharmaceuticals LLC, Cheplapharm Arzneimittel GmbH, Bausch Health Companies Inc., and Takeda Pharmaceuticals, Inc.

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Obesity Management Market by Category

By Drug Type:

  • Bupropion and Naltrexone
  • Orlistat
  • Lorcaserin
  • Phentermine and Topiramate
  • Liraglutide

By Surgery Type:

  • Gastric Bypass Surgery
  • Adjustable Gastric Banding Surgery
  • Gastric Sleeve Surgery
  • Duodenal Switch Surgery
  • Others

By Distribution Channel:

  • Hospitals Pharmacies
  • Retail Pharmacies
  • E-commerce

Region:

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

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Rx to OTC Switch Market size is likely to surpass US$ 58 Bn by 2031, Exclusive Report By Future Market Insights

Rx-to-OTC switches refer to the transition from proven prescription drugs to nonprescription, OTC status. According to a report by Future Market Insights (FMI), the global Rx-to-OTC switches market was valued at US$ 33 Bn in 2020 and is predicted to expand at a CAGR of over 5% during the forecast period (2021–2031).

Scientifically, it is a rigorous and highly regulated process that allows consumers to purchase OTC access to a growing range of medicines. For a medicine to be granted under OTC status, it must comply with the regulatory standards associated with its efficacy, have a wide safety margin, and bolster labelling to ensure proper usage of the product.

The increasing prevalence of diseases with common self-treatable symptoms, such as cold and flu, headaches, allergies, and others has fuelled the demand for OTC drugs. Thus, growing sales of nonprescription drugs have pushed pharmaceutical companies to focus on Rx to OTC switches to meet customer needs thereby gaining high revenue in the market.

It was observed in 2020, Rx-to-OTC activity was driven by growing regulatory approvals and increased OTC sales. The COVID-19 outbreak has restricted patients to visit hospitals and clinics suffering from common illnesses. Consequently, delays in prescribed medication have shifted the customer preference towards the OTC drug consumption. As a result, the COVID 19 outbreak bolstered the demand for OTC products, which in turn has supported the adoption of Rx-to-OTC switches.

The Food and Drug Administration (FDA) introduced the non-prescription safe use regulatory expansion (NSURE) panel in 2013 that has supported a new wave of Rx-to-OTC switches, with a focus on creating conditions for switches in new therapeutic classes.

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Key Takeaways from Rx-to-OTC Switches Market Study

  • Allergy and respiratory drugs are anticipated to gain a revenue share of more than 25% with a CAGR of 5.7% owing to the rising prevalence of lifestyle-based ailments.
  • Retail pharmacies are anticipated to grow at a CAGR of 5.1% over the forecast period owing to the rise of e-commerce and the procurement of cost-effective medicines.
  • The  U.K. holds the lead in Europe, holding a share of over 33% owing to the implementation of favorable government policies.
  • The U.S. will account for over 77% of the North America market by 2031, supported by a matured healthcare and pharmaceutical sector and favorable reimbursement policies.
  • China is the largest and fastest growing market in East Asia estimated to account for close to 49% of the global market, owing to the country’s large-scale pharmaceutical requirements.

 “Increasing global prevalence of allergies and common illnesses such as flu, coupled with rising awareness for self-medication practices, are driving the growth of the global Rx-to-OTC switches market,” says the FMI analyst.

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Who is Winning?

Rx to OTC switches have led the pharmaceutical companies to shift focus from patients to consumers in terms of end users. In addition to strategic collaborations, acquisitions, expansion, product launches, agreements and research sponsorships are the key strategies adopted by manufacturers to expand their research and development (R&D) capabilities increasing sales in wider geographical base to strengthen product portfolios in the Rx-to-OTC switches market.

For instance, in January 2021, Boehringer Ingelheim entered into a collaborative agreement with Google Quantum AI (Google), focusing on researching and implementing cutting-edge use cases for quantum computing in pharmaceutical research and development (R&D).

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Want More Insights?

Future Market Insights (FMI) brings the comprehensive research report on forecast revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031. The global Rx-to-OTC Switches market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on Rx-to-OTC Switches market on basis of product type [allergy and respiratory, fungal infections & other infections, overactive bladder, oral contraceptives, gastrointestinal drugs, hair loss treatments, smoking cessation, analgesic, inflammation and pain management and others (lice, acne, weight loss, and laxative)]. Based on distribution channels [retail pharmacies, hospital pharmacies, drug stores and online pharmacies] across seven major regions.

Dental Services Market Key Players, End User, Demand and Consumption by 2026

Rapidly increasing dental awareness campaigns has been witnessed as a trend gaining significant traction in dental services market since the recent past. Tie-ups between print media and visual media for supporting promotion of importance of dental health checkup is expected to create significant growth avenues for dental services market. Growing incidences of dental diseases, rising geriatric population and availability of well-established healthcare infrastructure is expected to augment the demand and supply of dental services. However, increasing focus on development of the dental vaccines that helps in prevention of dental diseases has been significantly restraining the growth of dental services market.

Laser dentistry is likely to gain significant traction in dental services market owing to the benefit this service offers by eliminating the need for usage of surgical instruments. Dental clinics is anticipated to be the end-user holding lion’s share in dental services market. Rising mergers and collaborations between insurance companies and dental clinics is expected to create positive growth aspects for dental services market.

Large population base and rising government initiatives is expected to offer favorable growth prospects for dental services market in developing countries. Dental services market is anticipated to experience a transformation in their delivery model with the help of dental support organizations that are leading to rising group or corporate practices.

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Dental services is one of the fastest growing market in the healthcare industry. Dental services include diagnosis, prevention and treatment of diseases of oral cavity. Dental services include dental implants, root canal – endodontic, cosmetic dentistry, oral surgery, laser dentistry, dentures and smile makeover.

General oral cavity diseases include, dental caries also known as tooth decay and pyorrhea are expected to boost the Dental services market. Dental services treatments include, extraction or surgical removal of teeth, restoration of teeth, scaling and root planning and endodontic root canal treatment.

In the U.S. around 90% of young population have dental caries, while out of all dentate adults almost 94% have evidence of coronal caries. According to Centers for Disease Control and Prevention (CDC) report 47.2% of the total population in the U.S. who are above 30 years suffers from periodontal disease.

Dental Services Market: Drivers and Restraints

Rising number of people suffering from periodontal disease, growing private health insurance coverageis and escalating demand for cosmetic and elective dentistry are factors driving the growth of dental services market.Factors contributing in the growth of dental services market are increased proportion of sugar based medication and existing life style factors. Additionally, the increasing population in the Asia Pacific region is also the major factor to drive the growth of global dental services market. However, according to WHO, it was observed that the cases with dental caries are declining due to the number of public health measures and improved self-care practices in the developed countries. These are the major restraints for the dental services market.

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Dental Services Market: Overview

Increasing healthcare awareness among mass population along with rise in prevalence rate of oral cavity diseases expected to propel the overall demand for dental services worldwide. Increased focus on personal appearance and improvements in technology, materials, and methods are spurring demand for cosmetic and elective dental services. The market is expected to witness a healthy growth over the forecast period (2016-2026)

Dental Services Market: Region- wise Outlook

Depending on geographic regions, the global Dental services Market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan and Middle East & Africa.

North America dominates the global market for dental services market due to high prevalence rate of dental caries, followed by Europe. According to WHO, 90% people are diagnosed with dental caries in North America. Asia & pacific regions is expected to record a healthy growth rate in a CAGR due to people adopting to smile makeover treatment.

Dental Services Market: Key Players

Some of the key players in this market are

  • Apollo White Dental
  • Dental Services Group
  • Pacific Dental Services
  • Great Expressions Dental Centers
  • Gentle Dentistry, LLC
  • Coast Dental Services, LLC

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

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Dental Services Market: Segmentation

Dental services market is segmented into following types

By Service

  • Dental Implants
  • Orthodontics
  • Periodontics
  • Root Canal – Endodontics
  • Cosmetic Dentistry
  • Laser Dentistry
  • Dentures
  • Oral and Maxillofacial Surgery
  • Smile Makeover

End User

  • Hospitals
  • Dental Clinics