Orthopedic Power Tools Market Analysis By Growth, Emerging Trends and Future Opportunities to 2025

According to the latest report by Future Market Insights on global Orthopedic Power Tools market, with the latest insights and statistics from the biggest pharmaceutical and healthcare device manufacturers across the globe, FMI presents an extensive analysis on Orthopedic Power Tools market. FMI offers insights into the market data on over 5000+ drugs for more than 100 countries, which further aids the research on current and upcoming market scenario for the Orthopedic Power Tools market. Our expert researchers and analysts for healthcare tracks the data of established players as well as new entrants in medical industry to provide an unbiased analysis for a sound and financial decision.

Over the past decade, healthcare sector has been expanding remarkably, following the advent of artificial Intelligence and the Internet of Things integrated medical devices. Advancement in technology has created impressive scope within the medical sector for diagnostics and therapeutics.

The report offers extensive data sets validating key trends impacting growth in the Orthopedic Power Tools market. It offers insights into strategies adopted by the key players rise and address the concerns that will challenge the growth of Orthopedic Power Tools market. With our extensive research and information about the past, current and future market scenario, the Orthopedic Power Tools market report will help and identify the concerns, for a smooth-sail of the small & medium as well as large enterprises.

Understanding the Impact of Covid-19 on Healthcare Industry

With the pandemic plaguing maximum countries across the globe, healthcare industry is witnessing its fair share of ‘ups and downs’. The COVID-19 has placed an enormous strain on the healthcare sector’s workforce, facilities and infrastructure. Despite the endless pressure, healthcare sector is growing at a moderate pace due to the improvement in infrastructure and advancement in technology, healthcare sector is delivering a healthy performance.

The FMI’s latest report on the Orthopedic Power Tools market gives a detailed analysis on the impact of COVID-19 with an incisive coverage on the innovative strategies adopted by the market players to survive the challenges due to pandemic.

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Orthopedic Power Tools Market: Segmentation

By Region

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

Detailed analysis on the geographical region and country wise insights are offered in the latest Orthopedic Power Tools market report with established market players as well as incumbents in the region.

The global Orthopedic Power Tools market can be segmented as follows:

Orthopedic power tools global market is segmented into following types:

  • Large Bone Orthopedic Power Tools
  • Small Bone Orthopedic Power Tools
  • High-Speed Orthopedic Power Tools
  • Orthopedic Reamers

Orthopedic Power Tools market is further segmented into the following types by technology.

  • Pneumatic-Powered Systems
  • Electric-Powered Systems
  • Battery Operated-Powered Systems

Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.

Competitive Analysis

By Prominent Market Players

  • Stryker Inc.
  • Zimmer Holdings Inc.
  • Misonix Inc.
  • Aesculap
  • Arthrex
  • Brasseler USA
  • ConMed Corporation
  • Others

With an extensive SWOT analysis, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of each player. The report also includes important data including the sales strategy, pricing strategy, and marketing strategy adopted by these players in the Orthopedic Power Tools market

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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 Orthopedic Power Tools 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.

Mobility Aids And Transportation Equipment Market Expectations & Growth Trends Highlighted Until 2025

Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Exhaustive Analysis on Key Factors Burgeoning the Sales in the Global Mobility Aids And Transportation Equipment Market over the Assessment Period (2015-2025)

Future Market Insight’s (FMI’s) latest study published on the Mobility Aids And Transportation Equipment market provide insights into key factors uplifting the sales over the next ten years. It provides unbiased analysis on key trends, drivers, and opportunities across key segments, the report also provides strategic analysis on the incumbents, existing players, and leading players operating in the Mobility Aids And Transportation Equipment market.

As per comprehensive research conducted by ESOMAR-certified consulting firm FMI, the global Mobility Aids And Transportation Equipment market is projected to witness robust growth during the forecast year 2015-2025. The report emphasizes on providing key insights into diverse features including demand, product developments, revenue generation, and sales in the Mobility Aids And Transportation Equipment market.

The study offers a detailed analysis of dynamics including driver, restraints, opportunities, and challenges, and also highlights their consequent impact on the market.

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Advent of Telehealth and Virtual Care to Create Tailwind for the Mobility Aids And Transportation Equipment Market Growth

Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.

During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.

Since the outbreak, telehealth have gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Mobility Aids And Transportation Equipment market.

Key Mobility Aids And Transportation Equipment Market Takeaways and Projections

  • The U.S. is estimated to continue dominating the North America market, projecting fastest growth in the region through 2031.
  • Germany Mobility Aids And Transportation Equipment market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2021 and 2031.
  • China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
  • India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.

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Report Benefits & Key Questions Answered

  • Mobility Aids And Transportation Equipment Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Mobility Aids And Transportation Equipment market. It also studies the impact of these dynamics on the market for the previous assessment period 2016-2020 to forecast the scope of market growth over the coming forecast period 2021-2031.
  • Mobility Aids And Transportation Equipment Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Mobility Aids And Transportation Equipment market. As per the survey, Mobility Aids And Transportation Equipment sales will project steady growth over the forecast period.
  • XZY Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Mobility Aids And Transportation Equipment market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
  • Mobility Aids And Transportation Equipment Category & Segment Level Analysis: FMI’s category & segment level analysis provides insights into key factors affecting the market growth across various segments in terms of (segment 1), (segment 2), and (segment 3). It also uncovers critical opportunities across each segment to assist key players to capitalize on the,
  • Mobility Aids And Transportation Equipment Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.

Competitive Landscape Analysis

The latest study conducted by FMI provides in-depth insights into the global Mobility Aids And Transportation Equipment market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Mobility Aids And Transportation Equipment market.

Some of the prominent market players are profiled by FMI

  • Sunrise Medical LLC,
  • Invacare Corporation,
  • OttoBock Healthcare GmbH,
  • Stryker Corporation,
  • Medline Industries,
  • GF Health Products Inc.,
  • Hoveround Corporation,
  • LEVO AG,
  • Permobil AB,
  • Merivaara Corporation, and others.

Mobility aids and transportation equipment global market is segmented into following types:

  • Manual Wheelchairs
  • Manually Operated Wheelchairs
  • Standard Manual Wheelchairs
  • Pediatric Wheelchairs
  • Electrically Powered Wheelchairs
  • Stretchers
  • Manual Stretchers
  • Automated Stretchers
  • Walking Aids
  • Crutches
  • Walkers
  • Walker Cane Hybrids
  • Gait Trainers
  • Mobility Scooters
  • Stair Lifts

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Region

  • North America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

Global Teleradiology Market to Grow at 21% CAGR Through 2026: Report

Future Market Insights delivers key insights on the global teleradiology services market in a new publication titled “Teleradiology Services Market: Global Industry Analysis and Opportunity Assessment, 2016-2026“. Teleradiology is the practice of interpretation and analysis of medical images by a radiologist who is not present at the site where the images are generated. This service is utilised by hospitals, emergency care centres, telemedicine companies, and other clinics. Teleradiology services enable radiologists to use online services in order to improve patient care and treatment without the need to be physically present on site. In terms of revenue, the global teleradiology services market is projected to register a healthy CAGR of 21.0% over the forecast period (2016 – 2026) and increase 6.7x in terms of revenue between 2016 and 2026.


     (Logo: http://photos.prnewswire.com/prnh/20161020/430874LOGO )

The global teleradiology services market is anticipated to project exponential growth over the next 10 years owing to increasing incidences of chronic diseases such as cancer, tumours, and orthopaedic diseases; increasing geriatric population; and excessive hospitalisations and increasing admittance in ambulatory surgical centres and clinics. Increasing consumer awareness regarding teleradiology and easy accessibility to the technology is another key factor likely to drive the global demand for teleradiology services. However, high cost of technology and services, image transmission issues, dearth of trained radiologists and technicians, and a low awareness in emerging economies is likely to pose major challenges for the growth of the global teleradiology services market. Ongoing trends for teleradiology services driving the global market include service offerings with the latest IT infrastructure including artificial intelligence and algorithms, cloud with low maintenance, and image backup storage.

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Segmentation highlights

The global teleradiology services market is segmented on the basis of Process Type (Certified Reporting Services Process, Preliminary Reporting); Service Type (Emergency Nighthawk, Day Time Coverage, Subspecialty Reading, Second Opinion, Clinical Trails); Modality (X-Ray Scans, Computerised Tomography (CT) Scans, MRI Scans, Ultrasound Scans, Nuclear Scans, Cardiac Echo, Mammography, Electromammography); and End User (Hospital Pharmacies, Clinics, Ambulatory Surgical Centres, Radiology Centres).

  • Certified Reporting Services Process segment is estimated to account for 62.9% revenue share of the global teleradiology services market by 2016 end
  • Emergency Nighthawk service type segment accounted for 31.6% value share in 2015 and is anticipated to dominate the global teleradiology services market throughout the forecast period
  • Computerised Tomography (CT) Scans modality segment is anticipated to register a CAGR of 23.6% between 2016 and 2026
  • Hospital Pharmacies end user segment is estimated to account for 39.9% revenue share of the global teleradiology services market by 2016 end

Preview Analysis on Global Teleradiology Services Market Segmentation By Process Type – Certified Reporting Services Process and Preliminary Reporting, By Service Type – Emergency Nighthawk, Day Time Coverage, Subspecialty Reading, Second Opinion and Clinical Trails, By Modality – X-Ray Scans, Computerised Tomograph (CT) Scans, MRI Scans, Ultrasound Scans and Nuclear Scans, By End User – Hospital Pharmacies, Clinics, Ambulatory Surgical Centres and Radiology Centreshttp://www.futuremarketinsights.com/reports/teleradiology-services-market

Regional market projections

The global teleradiology services market is segmented on the basis of region into U.S. and OUS (International) (Latin America, EU5, Rest of EuropeJapan, Asia Pacific Excluding Japan, and Rest of the World). The U.S. regional market dominated the global teleradiology services market in revenue terms in 2015 and is projected to account for 41.2% market value share by 2026 end. The EU5 region is expected to be the second most lucrative segment in the global teleradiology services market with a market attractiveness index of 1.3 during the forecast period.

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Vendor insights

The report profiles some of the leading players operating in the global teleradiology services market. Top companies featured in the report include Teleradiology Solutions, Argus Radiology, SRL Diagnostics, USARAD Holdings Inc., Vital Radiology Services, Teleradiology Providers, Telemedicine Clinic, TeleDiagnosys Services Pvt. Ltd, Imaging Advantage, Foundation Radiology Group, Direct Radiology, Imaging On Call LLC, ONRAD Inc., Rays (Envision Healthcare Company), StatRad LLC, ARIS Radiology, NightShift Radiology, Mednax Inc., Alta Vista TeleRadiology, and Quality Nighthawk. These established players are focused on strategic moves such as new product launches, increasing their distribution channels, and getting into partnerships and agreements with hospitals and specialty clinics to increase the brand awareness of their product.

Fleet Management Market Stoked by Integration of Cloud Based Solutions, Demand to Surpass US$ 11.5 Bn by 2022

Increasing demand for improvements in transportation operations is projected to drive fleet management market growth, finds FMI in a recent market survey. Incorporation of technological advancements in software systems is anticipated to fuel sales.

As per ESOMAR-certified consulting firm Future Market Insights (FMI), the market valuation is forecast to exceed US$ 11.5 Bn in 2021, expanding at an impressive 10.4% CAGR.

Advancements in vehicle connectivity to offer improved road safety will further drive market growth. As per the World Health Organization (WHO), nearly 1.3 million people succumb to road accidents every year. Alarming rise in death toll is creating a pressing need for flexible and more data-driven fleet management systems.

Introduction of connectivity-driven technologies such as artificial intelligence (AI), cloud computing, and big data analytics is boosting sales in the global fleet management market. Apart from this, government subsidies aimed at encouraging production and fleet management software adoption will shape the demand outlook positively.

For instance, the https://www.gsa.gov/buying-selling/products-services/transportation-logistics-services/fleet-managementU.S. General Service Administration is a government body that facilitates vehicle purchasing, rentals, and short-term leasing for federal agencies and authorized entities. The organization also has announced FedFleet 2021, an educational program for federal employees seeking training in fleet management best practices.

In 2020, the coronavirus outbreak compelled manufacturers operating in the fleet management market to seek out impactful solutions for small and large-sized fleet operators. In addition to this, companies are actively providing consultation services to help end-users navigate through concerns pertaining to operations and revenue, which in turn is keeping the market afloat.

In terms of large-sized fleet operators, a spike in demand for on-demand trucking services has been witnessed in recent years. Cost-reduction and automated task management will continue shouldering demand for fleet management systems, thereby propelling sales in the market.

As per FMI, North America is forecast to dominate the fleet management market during the assessment period. The presence of key players in the region, along with increasing innovations and rapid adoption of latest technologies are chief factors expected to drive sales in fleet management market through 2031.

Increasing demand for effective, flexible, and affordable fleet management systems is propelling sales in the market. Incorporation of connective technology such as artificial intelligence and cloud computing will further provide tailwinds to sales growth through 2031,” says the FMI analyst.

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Key Takeaways:

  • Fleet management hardware segment will remain dominant through 2031, accounting for 48% of the total market share.
  • In terms of fleet type, trucks/cars/buses are anticipated to enhance growth prospects in the market.
  • Fleet tracking and geofencing will exhibit high demand due to increased productivity and visibility in fleet management operations.
  • Transportation sector is anticipated to remain the leading end user backed by the growing need for real-time location tracking and schedule management for effective delivery.
  • North America is anticipated to emerge as the most lucrative market, owing to increasing demand from end-use industries for full-service leasing.
  • Germany is forecast to witness positive growth, backed by government-led initiatives and increasing adoption of electric vehicles.
  • Expansions in transportation and oil & gas industry will enhance growth prospects in China.
  • Growth in adoption of connected vehicles in India is expected to spur demand for fleet management systems.

Prominent Drivers:

  • Technological advancements to support safety and automation in transportation will drive sales in the market.
  • Increasing adoption of connected vehicles will shape the demand outlook for fleet management market.

Key Restraints:

  • Threats regarding cybersecurity and data breaches may hamper sales prospects.
  • Lack of professional training to operate and launch fleet management software by fleet personnel may hinder the market growth.

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Competitive Landscape

Top players in the fleet management market are focusing on automation and novel digital technologies to offer products launches. Key strategies adopted by market players also include partnerships and collaborations to strengthen the product portfolio. For instance:

  • In June 2021, Dtac Business and Cartrack Technology announced a partnership to offer fleet management technologies to small and medium scale enterprises in Thailand.
  • In February 2018, Cisco Inc. launched comprehensive multi-domain automation solutions for greater network visibility and data-driven insights. These solutions will help the company to integrate advanced technologies in the future with low additional expenditure.

Leading players operating in Fleet Management Market profiled by FMI include:

  • TomTom N.V.
  • Zebra Technologies Corp.
  • Trimble Inc.
  • Cisco Systems, Inc.
  • GoFleet Corporation
  • Geotab Inc.
  • Digital Matter
  • GPS Trackit
  • Fleetmatics Group PLC
  • GoGPS
  • Wireless Links
  • Embitel
  • Gurtam
  • Teletrac Navman
  • Linxio
  • StreetFleet
  • TigerFleet
  • Ruptela
  • Trakm8 Limited
  • WebEye Telematics Group

More Insights on FMI’s Fleet Management Market

The latest market study on fleet management market by Future Market Insights gives a detailed segmentation for the forecast period of 2021-2031. In order to gain a better perspective of the global market potential, its growth, trends, and opportunities, the market is segmented on the basis of:

Component:

  • Hardware
    • GPS Tracking Devices
    • Dash Cameras
    • Bluetooth Tracking Tags (BLE Beacons)
    • Data Loggers
  • Software
    • Fleet Management Software
    • Telematics Software
  • Services
    • Professional Services
      • Consulting & Advisory
      • Integration & Implementation
      • Support & Maintenance
    • Managed Services

Fleet Type:

  • Trucks/Cars/Buses
  • Ships/Vessels
  • Aircrafts
  • Railcars

Application:

  • Fleet Tracking and Geofencing
  • Vehicle Maintenance and Diagnostics
  • Driver Behavior Monitoring
  • Fuel Management

Industry:

  • Construction
  • Manufacturing
  • Mining
  • Transportation
  • Oil and Gas

Region:

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

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Key Questions Covered in the Fleet Management Market Report 

  • The report offers detailed insights into fleet management demand outlook for 2021-2031.
  • The market study also highlights projected sales growth for fleet management market between 2021 and 2031.
  • Fleet management market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry.
  • Fleet management market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others.

Remote Construction Market 2020 Outlook, Current and Future Industry Landscape Analysis 2030

Artificial intelligence (AI) and machine learning (ML) are keystones enabling expansion of the remote construction market. Future Market Insights (FMI) in its recent study forecasts immense possibilities for the market between 2020 and 2030, projecting it to rise at a CAGR of 14.2% during this period.

An increasing number of companies are using modern technologies such as AI and machine learning to analyze project-specific data and get information on weather or other potential disruptions. Steered by the surging penetration of latest technologies, the remote construction market is expected to grow at an impressive pace.

Remote construction technology offers a plethora of solutions from helping companies to analyze stock levels, schedules, and weather to enabling them avoid repeating mistakes encountered in previous projects. With the rising demand for accurate insights rising and companies focusing on reducing cost incurred on any project, remote construction technologies are becoming highly sought-after.

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Artificial intelligence and machine learning are not only transforming the way construction companies are executing projects but are intended to create a real impact on daily working conditions for on-site workers.

Several companies have realized the potential of modern technologies and have been forthright in acknowledging process improvements they experienced. For instance in August 2018, Orange Business Services, recognized the potential for leveraging data and thus acquired Basefarm Holding AS, player in cloud-based infrastructure and services.

Through this acquisition Orange Business Services was able to accelerate its growth in cloud computing, Big Data, and artificial intelligence. FMI’s report offers exclusive insights into the market for remote construction.

Some of the key takeaways from the report are highlighted below:

  • Based on application, the remote management segment is forecast to rise by 4.0x of its current market value by the end of 2030
  • The demand for remote construction tools and software is poised to surge exponentially, compelling market players to focus on better usage of analytics for efficient decision-making
  • Among end-use industries, the construction sector is forecast to remain dominant through the course of the forecast period
  • While North America and Europe enjoy dominance, the East Asia market for remote construction is expected to surge at an impressive 17% CAGR between 2020 and 2030

The pace of implementation of remote construction technologies is expected to surge considerably in the coming years. Several construction companies have already started using Building Information Modelling (BIM) tools for the representation of physical and functional characteristics of a project for help in decision-making,” said a lead analyst at FMI.

COVID-19 Impact Analysis

The unprecedented COVID-19 outbreak has brought some distinctly valuable experienced under the spotlight. For instance, it has revealed the significance of having the capability to work with any data from any device at any time and from anywhere.

Thus working on a cloud-based remote construction solution with remote accessibility has several advantages. The construction sector has taken a massive hit due to the outbreak of COVID-19. Remote working has therefore emerged as a go-to strategy for companies to continue operations despite restrictions enforced across the world.

By digitizing processes and systems, companies have paved the way for long-term changes within the sector. Governments and various international authorities are supporting the implementation of remote construction technologies as an innovative and creative way of ensuring employee safety and hindrance-free operations.

Who is winning?

Companies operating in the remote construction market are currently focusing on product launches and strategic collaborations to gain competitive advantage. Some of the leading players in the market are Oracle Corporation, Autodesk Inc., Trimble Inc., Caterpillar Inc., Hitachi Ltd., Giatec Scientific, Inc., Kore Wireless, WorldSensing, CalAmp Corp., among others.

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More Valuable Insights on Remote Construction Market

In its latest report, Future Market Insights offers an unbiased analysis of the global remote construction market, providing historical data for period of 2015-2019 and forecast statistics for the period of 2020-2030. To understand opportunities in the remote construction market, the market is segmented on the basis of component (solutions, services (planning & preparation , integration & deployment, consulting, support and maintenance)), application (remote management, construction management, communications and other), end-use industry (construction, energy and utilities, mining and others), across six major regions.

About Technology Division at Future Market Insights

The technology team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

Sport Caps And Closures Market Competitor Analysis, Winning Strategies and Growth Drivers 2030

The global market for sport caps and closures market will expand at 4.4% CAGR through 2030, according to a new study by ESOMAR-certified firm Future Market Insights (FMI). The study opines that demand for advanced, eco-friendly products coupled with the development of innovative designs will drive the market to US$ 1.47 Bn by 2030.

Having studied the impact of the COVID-19 pandemic, the report opines the market is likely to experience fluctuations in its growth trajectory owing to pandemic-related practical difficulties such as production terminations, supply chain disruptions, and a general demand contraction for non-essential goods.

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On a positive note, the long-term growth prospects of the market are expected to remain intact as operations gradually restart in Europe, which is a prominent regional market for sport caps and closures.

According to the study, surging demand for lightweight caps and closures is expected to shape growth strategies of the market players. Owing to benefits such as better size control, short cycle time, and lower operating torque, lightweight caps, and closures are gaining remarkable traction among end-users.

Market players are shifting focus towards customization of their existing products to lower the weight and plastic content.

Key Takeaways
  • Screw closures account for two-third share owing to their proven efficiency to offer effective sealing to the containers.
  • Plastic-based sport caps and closures remain the top-selling variant, despite regulations and blanket ban
  • Sport caps and closures with a diameter ranging between 21 mm and 30 mm are poised to account for more than 50% of market value.
  • North America is projected to remain the most lucrative region through the assessment period, accounting for nearly 1/3rd of market value, backed by the presence of leading players
  • Europe will prevail as the second most lucrative region, holding a quarter of the market value.
  • East Asia and South Asia are foreseen to collectively capture over 1/4th of global value by the end of 2030.

“Market players are focusing on making products eco-friendlier to comply with the environmental regulations in place and are opting for recycled and recyclable plastic raw materials to achieve the same,” remarks FMI analyst.

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COVID-19 Impact on Sport Caps and Closures Market

The COVID-19 pandemic has led to muted demand for non-essential packaging solutions and sport caps and closures are no different.

Sporting events and fitness centers have remained crucial factors driving the demand for sport caps and closures, where they are used to store sports drinks, energy drinks, steel beverages, and water, among other beverages. The cancellation of major sporting events and shut-down of fitness centers to contain the outbreak are expected to create a contraction in demand during the pandemic.

On the supply side, disruptions such as hindered productions, workforce shortages, disturbances in delivery networks are leading to a plummet in production volume, thus adversely impacting the overall growth.

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Who is Winning?

Key players operating in the market are adopting organic growth strategies such as upscaling production capabilities, expanding geographical presence, and enhancing their product portfolios. On these lines:

  • In June 2020, Silgan Holdings Inc. acquired Albea’s Global Dispensing Business to enhance its closures product section.
  • In March 2020, Berry Global invested US$ 30 Mn to expand its production capacity of ultra-high performance sport caps and closures in its North American manufacturing facility.
  • In Aug 2019, Aptar Inc. entered a partnership with Nippon closures to work on innovative tethered beverage closures solutions.

FMI’s report includes profiles of some of the most prominent names in the market including Berry Global Inc., Silgan Holdings Inc., Aptar Group, Inc., BERICAP Holding GmbH, Closure Systems International, Inc., UNITED CAPS, Pro-Pac Packaging Limited, Caps & Closures Pty Ltd., Georg MENSHEN GmbH & Co. KG and Blackhawk Molding Co, Inc.

Ready-to-Use Therapeutic Food Market to reach US$ 600 Mn by 2030-end

The ready to use therapeutic food marketplayers are focusing on growing opportunities in Middle East & Africa.

In order to provide such undernourished children with required specialized care, the popularity of ready-to-use therapeutic food is witnessing substantial upsurge. Amidst the ongoing COVID-19 pandemic, FMI projects the global ready-to-use therapeutic food market to surpass the US$ 300 Mn by 2020-end, and nearly double in size by 2030-end.

Manufacturers are planning to launch breakdown formulas and drinkable products and are into a research of minimizing cost. Though demand for ready-to-use therapeutic food is rising, yet there exists limited nutrition supply which is acting as a major restraint in the market.

“With the noticeable expansion of food industry and rising consumption of drinkable food due to rising poverty, there has been a tremendous surge in demand for ready-to-use therapeutic food across the globe. UNICEF is bringing organizations into play to support poor families,” says the FMI Analyst.

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Ready-to-Use Therapeutic Food Market – Key Highlights

  • Ready-to-use therapeutic food market is expected to register a considerable CAGR through 2030 and reach US$ 300 million.
  • Drinkable segment holds the maximum share in the market and the value is going to rise in future too.
  • Middle East & Africa remains the largest market for ready-to-use therapeutics globally

Ready-to-Use Therapeutic Food Market -Driving Factors

  • The rising consumption of therapeutic food by infants due to their underdeveloped digestive system has surged the demand.
  • Due to rising malnutrition population, sales for drinkable fluids has increased which is also acting as a driving factor.
  • A milestone opportunity has been created by UNICEF to support poor families by becoming prime buyer of this food.

Ready-to-Use Therapeutic Food Market — Key Restraints

  • Increased cost of the final product acts as a major restraint.
  • These ingredients might deliver lesser nutrition, therefore, causing a major productivity loss.

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Expected Impact on Market by Coronavirus Outbreak

The COVID-19 pandemic has amplified the risk of acute malnutrition among the poorest sections of the society. In the face of government-mandated shutdowns, millions of people have become unemployed, especially in the agriculture sector, thus disrupting critical nutrition enhancement programs.

Strict lockdown and social distancing might have reduced the production of ready-to-use therapeutic food but rising cases of unemployment and poverty has only helped the market witness increased production. These products are likely to capture maximum attention due to weakened immunity because of the virus and increased distribution across the world.

Competitive Landscape

Key players in the market include Nuflower Foods, GC Rieber Compact AS, Valid Nutrition, InnoFaso, Edesia Inc., Nutrivita Foods, Diva Nutritional Products, Insta Products Ltd., Mana Nutritive Aid Product Inc., Meds & Food for Kids Inc.

Companies take up unique strategies to expand their market and product portfolio to gain profit. Key players are focussing on products which enhances immunity. They are collaborating with government and non-government agencies to maximize distribution too.

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More on the report

This report presents an analysis on the basis of segments including type (solid, paste, drinkable), end-use (UNICEF, WFP, NGO etc.) and region (North America, Europe, Latin America, East Asia and Africa South Asia etc.)

Leading Ready-to-Use Therapeutic Food Market Players

Some prominent players operating within the ready-to-use therapeutic food landscape include:

  • Nuflower Foods
  • GC Rieber Compact AS
  • Valid Nutrition
  • InnoFaso
  • Edesia Inc.
  • Nutrivita Foods
  • Diva Nutritional Products
  • Insta Products Ltd.
  • Mana Nutritive Aid Product Inc.
  • Meds & Food for Kids Inc.
  • Samil Industrial Co.
  • Tabatchnick Fine Foods Inc.
  • Amul India
  • Hilina Enriched Foods PLC
  • Société de Transformation Alimentaire

Key Segment

Type

  • Solid
  • Paste
  • Drinkable Therapeutic Food

End User

  • UNICEF
  • WFP
  • NGOs
  • Others

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USB Type-C Market Research Report 2022 – Global Forecast till 2030

The global demand for USB type C technology continues to rise in 2020 albeit slower than the previous year, owing to the coronavirus outbreak, with the growing demand for smartphones, tablets, and laptops to meet work-from-home and e-learning requirements. According to Future Market Insights, the market is anticipated to reflect very strong growth prospects throughout 2030, growing at 29% CAGR. The FMI report states that the industry will gain from developments associated to the automotive industry in the near future.

FMI analysts have stated that telecommunications industry applications will be a major contributor to revenue growth in the industry in data transfer and power delivery systems. On the other hand, competition from other alternative technologies such as micro-USB is an obstacle for market players.

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The USB type C industry is expected to reflect exponential growth throughout the forecast period on the back of component standardization efforts taken by manufacturers in the consumer electronics, and industrial electronics sectors. Also, the impending surge in demand for electric automobiles will also contribute to better market dynamics in the long term. While the USB type C market is expected to continue soaring, issues in automotive applications in terms of voltage fluctuations and heat dissipation continue to be notable issues for participants in the industry.

usb type c market

The study by FMI covers a comprehensive overview of the industry, discussing key dynamics of the market. Some of the critical takeaways of the report include:

  • The USB type C market was valued at 7.9 billion in 2019, with growth in demand marginally impacted during the coronavirus outbreak, with supply chain disruptions.
  • Telecommunication industry applications of USB type C products contribute substantially to revenues, with the development and implementation of power delivery and connector technologies.
  • Smartphone and tablet applications of USB type C technology is reflecting higher demand than computers, cameras, TVs, and media players. However, charger and adapter applications are likely to reflect faster growth through 2030.
  • North America remains a major market, supported by demand for smartphone charging and internet applications. However, East Asia is generating lucrative growth opportunities with investments in production facilities from international players, and growing focus on industrial and automotive electronics.

“Widespread proliferation of consumer electronics and growing application of USB C chipsets in display devices and imaging applications in healthcare supports the growth of the market. Competition from alternative interfacing technologies challenges market players,” said a lead analyst at FMI.

Covid-19 Impact on USB Type C Market

The increasing penetration and use of smartphone, tablet, and laptop devices, and the increased power consumption and data transfer applications in the consumer electronics sector have remained key factors supporting the growth of the USB type C market. However, the coronavirus pandemic is estimated to marginally impact the market in the short term.

The industry is expected to face issues in terms of component and raw material supplies owing to lockdown restrictions imposed by governments around the world.

Also, the impact of the coronavirus pandemic on the automotive industry could restrain market growth.

However, the shift towards work from home business models and the growing popularity of remote learning options are anticipated to drive up application and demand for USB type C products.

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Who is Winning?

In its report, Future Market Insights has provided an in-depth analysis of the strategies being employed by manufacturers in the USB Type C market. Top players are largely focusing on investments towards product and technology research and innovations in addition to capacity expansions in a bid to keep up with massive international demand.

Some of the leading players in the industry include Cypress Semiconductor, Anixter International, STMicroelectronics, NXP Semiconductors, Texas Instruments, Belkin International Inc., Microchip Technology Inc., Silicon Laboratories, ON Semiconductors, Hirose Electric Group, and Analogix Semiconductor Inc. among others.

Key Segments 

Protocol

  • DisplayPort
  • HDMI
  • MHL
  • Thunderbolt
  • USB Audio over USB Type C

Application

  • Smartphones & Tablets
  • Personal Computers & Laptops
  • Digital Cameras
  • TV
  • Chargers & Adapters
  • Media Players
  • Others

Industry

  • Consumer Electronics
  • Automotive
  • Media & Entertainment
  • Telecommunications
  • Healthcare
  • Others

Regional Outlook

  • North America (US, Canada)
  • Latin America (Brazil, Mexico, Rest of LATAM)
  • Europe (Germany, UK, Russia, France, Italy, Spain, BENELUX, Rest of Europe)
  • South Asia & Pacific (India, Thailand, Indonesia, Malaysia, Australia & New Zealand, Rest of South Asia & Pacific)
  • East Asia (China, Japan, and South Korea)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa, and Rest of MEA)

Key Questions Answered in the Report

  • What is the Size of the USB type C market?
  • What is the outlook of East Asia in the USB type C market?

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Inflatable Bags Packaging Market Brief Forecast and Analysis by Top Key Players to 2027

Increasing global transportation of products across cross boundaries is leading to more and more product damage while moving from one place to another. This factor has created an immense demand for protective packaging of products. Inflatable bags packaging is one of the prominent segment in protective packaging which is expected to witness a burgeoning demand in the coming years. With inflatable bags protection, end-user industries are able to render additional primary protection to its product. Moreover, inflatable bags packaging offers the flexibility of lighter weight packaging which enhances ease in product shipping option.

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FMI, in its upcoming business report, elaborates the historical and current scenario of the global Inflatable Bags Packaging market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.
The experts at the forefront of the industry have focused on the various factors that are shaping the growth of the Inflatable Bags Packaging industry. Through their in-depth analysis, the researchers were able to identify the growth prospects of the industry.

COVID-19 Impact Analysis on Inflatable Bags Packaging Market
The outbreak of COVID-19 has affected various industries, such as the packaging industry. The demand for non-essential items has also declined.
Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Inflatable Bags Packaging market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.

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

The report essentially evaluates the significant presence of the global Inflatable Bags Packaging market across the world’s major regions. The global Inflatable Bags Packaging market has been categorized into several key geographical regions. North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa are the leading Inflatable Bags Packaging market regions. In this section of the report, the authors have examined the market share, market size, revenue contribution, sales network, distribution channels, and numerous other aspects of each geographical segment.

Table of Contents: Inflatable Bags Packaging Market
* Inflatable Bags Packaging Market Overview
* Global Economic Impact on Industry
* Global Market Competition by Manufacturers
* Global Production, Revenue (Value) by Region
* Global Supply (Production), Consumption, Export, Import by Regions
* Global Production, Revenue (Value), Price Trend by Type
* Global Market Analysis by Application
* Manufacturing Cost Analysis
* Industrial Chain, Sourcing Strategy and Downstream Buyers
* Marketing Strategy Analysis, Distributors/Traders
* Market Effect Factors Analysis
* Global Inflatable Bags Packaging Market Forecast

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Inflatable Bags Packaging Market: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Inflatable Bags Packaging market. Competitive information detailed in the Inflatable Bags Packaging market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Inflatable Bags Packaging market report.

Key players covered in the report include:
Sealed Air, Inflatable Packaging, Inc., Extra Packaging, Corp., Southern Packaging, LP., Raybow Development Co., Ltd., Bubble and Foam Packaging, KapStone Paper & Packaging Company

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This Inflatable Bags Packaging market report holds answers to some important questions like:
– What is the size of occupied by the prominent leaders for the forecast period ? What will be the share and the growth rate of the Inflatable Bags Packaging market during the forecast period?
– What are the future prospects for the Inflatable Bags Packaging industry in the coming years?
– Which trends are likely to contribute to the development rate of the industry during the forecast period ?
– What are the future prospects of the Inflatable Bags Packaging industry for the forecast period ?
– Which countries are expected to grow at the fastest rate?
– Which factors have attributed to an increased sale worldwide?
– What is the present status of competitive development?

Some Notable Report Offerings:
* We will provide you an analysis of the extent to which the global Inflatable Bags Packaging market acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
* We will also help to identify customary/ standard terms and conditions, as like offers, worthiness, warranty, and others for the Inflatable Bags Packaging industry.
* Also, this report will help you to identify any trends to forecast Inflatable Bags Packaging growth rates.
* The analyzed report will forecast the general tendency for supply and demand in Inflatable Bags Packaging market.

Food Authenticity Market 2021 Industry Research, Segmentation, Key Players Analysis and Forecast to 2030

A new study by Future Market Insights opines food authenticity market to grow at a steady pace through 2030. Adoption will be driven by growing consumer focus on food safety and growing clean label trend. FMI’s new study tracks food authenticity market in 20+ countries for the period 2020-2030.

According to the study, in recent years, access to pure and adulterant free foods has come under significant jeopardy. Widespread prevalence of food adulteration, mislabeling and undisclosed ingredient details have generate a massive furor amongst health conscious consumers as well as healthcare providers.

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On an average, approximately 57% of the global population suffers from morbidities inflicted due to consumption of sub-standard and contaminated foodstuffs. Moreover, nearly 1/4th of the world’s food supply is adulterated annually. Realizing this, countries have taken proactive steps to mitigate the adverse effects of food adulteration.

Increasing consciousness among consumers has elevated the need for introducing clean-label, organic-based and naturally derived foods. Based on these developments, the global food authenticity market is all set to experience an impressive upsurge in the coming years.

food authenticity market

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Key Segments

Food Tested

  • Meat & Meat Products
  • Dairy & Dairy Products
  • Processed Foods
  • Other Food Tested

Target Testing

  • Meat Speciation
  • Country of Origin & Ageing
  • Adulteration
  • False Labelling

Technology

  • PCR-Based
  • Liquid Chromatography-Mass Spectrometry (LC-MS)
  • Isotope
  • Immunoassay Based/ELISA
  • Other Technologies

Region

  • North America (U.S & Canada)
  • Latin America (Brazil, Mexico & Rest of Latin America)
  • Europe (Germany, Italy, France, U.K, Spain, BENELUX & Rest of Europe)
  • South Asia (India, ASEAN & Rest of South Asia)
  • East Asia (China, Japan & South Korea)
  • Middle East & Africa (GCC, South Africa, Israel & Rest of MEA)
  • Oceania (Australia & New Zealand)

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Key questions answered in the report

  • What are the growth prospects of food authenticity market?The global food authenticity market is slated to record largely positive growth, experiencing a healthy CAGR throughout 2020-2030. Growth is primarily being underpinned by surging demand for clean-label and adulterant free foods across lucrative markets.
  • What will be the impact of COVID-19 on food authenticity market?While the global economy hurtles towards a massive recession due to the pandemic, the scope for food authenticity market growth remains largely optimistic in nature.This high level of confidence in positive growth stems from the fact that more number of consumers are demanding good quality foodstuffs amid fears of the virus finding its way into the human body through the consumption of adulterated foods.
  • Which is the largest market for food authenticity players?Asia-Pacific is slated to emerge as the most lucrative revenue generator, attributed to a large population base. Majority of food testing demand is likely to be stimulated from China and India, the world’s most densely populated countries. This is because the prevalence of food adulteration is maximum across these countries.