Medical Diagnostic Packaging Market Anticipated to Grow at a Significant Pace by 2031

Medical Diagnostic Packaging Market Overview

Increasing demand for diagnostic contract packaging that can allows patient diagnosis at office, home, hospital, in the physician’s office, or even in remote locations is expected to propel demand over the coming years.

The market is projected to witness significant growth due to several factors such as the increase in demand for counterfeit prevention mechanisms, growing need for reliable and cost-effective medical diagnostic packaging, contract packaging for diagnostic products, medical diagnostic packaging providers landscape, and rising availability of cost-effective medical diagnostic packaging along with technological advancements.

Medical diagnostic packaging market was valued at US$ ~9.0 Bn in 2020 and is expected to grow at a CAGR of 7.4% during the forecast period 2021-2031.

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What is Driving Demand for Medical Diagnostic Packaging?

Increase in demand for counterfeit prevention mechanisms and rise in IoT in the healthcare and medical industries, such major factors creating new growth opportunities for medical diagnostic packaging manufacturer and providers.

It also offers some of the major benefits such as detection of organic compounds, buffer solution for diagnostics, point of care diagnostics, veterinary testing kits, spot on control treatments, and others. The reliability of such benefits drives the growth of the medical diagnostic packaging market during the forecast period.

Medical diagnostic packaging finds application in equipment & tools, medical devices, IVD, implants and other consumer goods industry.

What is the impact of COVID-19 Pandemic Outbreak on Sales of Medical Diagnostic Packaging?

The outbreak of this pandemic has impacted industries across the globe, including the packaging industry. However, there are pockets within packaging industry  that are seeing a spike in the demand which includes, e-commerce packaging, hygiene & home care products, healthcare consumables packaging, and fresh & processed packaging.

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China and Japan Medical Diagnostic Packaging Market Outlook

The China is one of the largest markets for medical diagnostic packaging globally. The China medical diagnostic packaging market is set to tread on the historic pattern of bust and boom during the assessment period 2021-2031. Demand is likely to remain muted in the next couple of years, as several end-use industries make a gradual recovery.

Furthermore, China is the dominant country in the global medical diagnostic packaging market accounting for around 15%-20% of the market share in 2021. The increased adoption of diagnostic contract packaging for various diagnostic products and diagnostic testing applications has been fueling the growth for medical diagnostic packaging in the North American market.

India Demand Outlook for Medical Diagnostic Packaging

Emerging economies such as India have registered meteoric growth in the medical diagnostic packaging market. This is attributed to the increase in disposable incomes and rapid urbanization in the country.

Moreover, increasing spending on medical and healthcare services due to growing health awareness is one of the major factor anticipated to have a positive impact on medical diagnostic packaging market growth.

Some of the key players such as Syntegon Technology GmbH, Trivitron Healthcare, Avecon Healthcare Pvt Ltd, and others are focused on cost effective and offering advanced solutions that have the potential to enhancing customer experience through increase their profitability in South Asia & Pacific countries.

Who are the Key Providers of Medical Diagnostic Packaging?

Some of the leading providers of medical diagnostic packaging include

  • OPTIMA packaging group GmbH
  • Oliver
  • SteriPackGroup.com
  • Amcor plc
  • Syntegon Technology GmbH
  • Trivitron Healthcare
  • Avecon Healthcare Pvt. Ltd., and others.

The medical diagnostic packaging key players are focusing on the acquisition strategy to diversify its product portfolio and increase business in North America.

The medical diagnostic packaging provider and manufacturers are expanding its supply network and customer service, which results in acquisition of new clients for new medical diagnostic packaging products and services.

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Medical Diagnostic Packaging Market 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

NOTE – All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

Key Segments

By Packing Types:

  • Primary
  • Secondary
  • Tertiary

By Applications:

  • Equipment & tools
  • IVD
  • Devices
  • Implants
  • Others

By Region:

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

Spiral Freezer Market Expectations & Growth Trends Highlighted Until 2027

Freezing is a method of rapid food preservation. The temperature is reduced below a certain point and the water forms ice crystals. Rapid freezing prevents the formation of crystals. Spiral freezers are versatile systems used to freeze rapidly and cool products in the industry. It enables foods to be frozen individually or in batches. The large temperature range and high mechanical loads involved in their operation, the components of these systems are required to be highly durable. Spiral freezers are operated using mechanical conveyor system and pass food through continuous freezing processes.

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It cuts down the space around the belt and gives access to the parts. Spiral Freezers are designed in such a manner to improve the supply of crytogen thus maintaining food quality. The structural efficiency makes it easy to freeze and chill. Their construction of the spiral freezer depends on the specific installation, but they are good option where floor space is minimum as they utilize vertical space in a better manner as compared to other freezing systems that consume vast amount of space. Spiral freezer machines can be easily assembled and disassembled.The machinery used for spiral freezing is specifically designed to maximize efficiency in that particular production line. Spiral freezers provide consistent cooling without harming the quality of products stored. This makes spiral freezers lesser accessible and slightly difficult to work with.

Spiral freezer: Drivers & Restraints

The various factors that drive the spiral freezer market are the improved quality of products, it has an increased freezing capacity ,it can the capacity to produce large quantities of  frozen foods, the rising requirement to be reliable under extreme weather conditions and the requirement for minimal maintenance. The increasing rules and regulations require food to be stored at ideal temperatures to maintain the optimum quality of products. The food and beverage industry demands delicious food to be frozen quickly, evenly a with minimum damage as far as possible.

The rules and regulations enforced on the food and beverage industry are very strict. This poses to be a restraint for the spiral freezers industry. The requirement for the coatings used in the devices should be resistant to harsh conditions, gear unit bearings requires to be reinforced, and the oil used for the gear should be easy as possible to change.  The factors that can restrain the market are, spiral freezers are subjected to a large number of regulations due to the strict hygiene requirements of the food and beverage industry.

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Spiral freezer: Regional Outlook

Regarding geography, spiral freezers market has been categorized into seven key regions including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East & Africa.  The consumers’ trends are changing in the region which is influenced by the growing retailers generating the attractive and likewise innovative sale formats. The retailers’ now-a-days keeps first-hand knowledge on preferences and purchase habits of the consumers which they transmit to the upper stream of manufacturers in the supply chain. This flow of generated information through retailers to the manufacturers call for the need of rapid cooling and refrigeration. Thus, the spiral freezer manufacturer has to strategize their business through consumer insights and responses, the regional shift in the eating habits and penetration of modernizing food products such as fast food, etc. The most advanced refrigerated food processing lines are now faster and more enhanced, and are occasionally controlled by completely automated systems with almost no human supervision in field There is an increasing requirement for specialized systems and components to grant reliability, efficiency, fast maintenance, flexibility, productivity – key requisites for today’s deep-freezing technology.  Spiral freezers are cost efficient

Spiral freezer Market: Key Players

The prominent players in the market are:

  • GEA Refrigeration Technologies
  • Toban Engineering UK Limited
  • IJ White
  • RMF Steel

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, type of product and applications.

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The report covers exhaust analysis on:

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

The regional analysis includes:

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

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

Mobile Phone Cases and Covers Market 2021 Development Status, Competition Analysis, Type and Application 2026

Mobile Phone Cases and Covers Market Overview
The global mobile phone cases & covers market is highly dependent upon the sales of smartphones across the world, which have showcased favorable signs during the last two quarters of 2019.

As per FMI, this trend will see a range of ebbs and flows as the consumer refresh rate for mobile phones obtains its new balance point. Further decline in the average selling prices (ASP) of smartphones over the last several years has spurred their sales, and, as such, has steered the mobile phone accessories industry.FMI, in its upcoming business report, elaborates the historical and current scenario of the global Mobile Phone Cases and Coversmarket 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.

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Crucial information and forecast statistics covered in the Mobile Phone Cases and Coversmarket report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

COVID-19 Impact Analysis on Mobile Phone Cases and CoversMarket

The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Mobile Phone Cases and Coversmarket is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.

Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Mobile Phone Cases and Coversmarket 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 FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Mobile Phone Cases and Coversmarket. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

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Mobile Phone Cases and Covers Market – Competitive Landscape

The global mobile phone cases and covers market is majorly fragmented, with the existence of several unorganized and local participants. Additionally, several new participants are projected to come in the worldwide market to leverage remarkable development prospects.

ZAGG Intellectual Property Holding Co. Inc.
MOKO
Otterbox
Incipio LLC
Belkin International Inc.
Amzer, Samsung Electronics
XtremeGuard
Shenzhen Ipaky Electronic Co. Ltd.
Griffin technology.
Market players are focusing on various strategic activities including, product innovation, mergers & acquisitions (M&A), and capacity expansions.

Mobile Phone Cases and Covers Market – Segment Analysis
The global market is categorized on the following basis:

By Material

Leather
Plastic
Silicone Cases
By Product Type

Pouches & sleeves
Flip cases
Cases & skins
By Distribution channel

Online stores
Multi brand store
Single brand store

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Loop-mediated Isothermal Amplification (LAMP) Market to Garner Brimming Revenues by 2028

Global demand for loop-mediated isothermal amplification technology reached around US$ 85 million in 2018, as indicated by a new research study of Future Market Insights (FMI). Estimated to observe stable growth in revenue over the coming years, loop-mediated isothermal amplification market will witness dominance of DNA polymerase, among the various product types.

DNA polymerase will continue to find highest applicability in both research and diagnostics. According to FMI’s report, DNA polymerase will be the key revenue generating product in loop-mediated isothermal amplification market over the period of projection. However, the report also highlights that instruments such as turbidimeters and fluorescence measuring systems will prominent traction in loop-mediated isothermal amplification market through 2028.

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Amongst various loop-mediated isothermal amplification technologies, micro-fluidic technology majorly, have been successfully used in the diagnosis of several diseases including malaria and tuberculosis. Loop-mediated isothermal amplification using DNA polymerase has seen a rapid rise in the past several years due to the high adoption of loop-mediated isothermal amplification in testing.

The application of these Loop-mediated isothermal amplification in assessing and directing diagnosis in certain types of disease, such as acute malaria, has provided a new dimension to the gradually growing field of minimal residual disease management.

High Penetration of Cutting-edge Technology Molecular Diagnostics of Fatal Diseases to Push LAMP Market Growth

The simplicity sensibility and specificity of loop-mediated isothermal amplification puts it in a very good position for future development in life threatening disease diagnosis. It is anticipated that the loop-mediated isothermal amplification market will grow significantly during the forecast period, owing mainly due to demand for advanced molecular diagnostics to accurately diagnose life-threatening diseases.

In recent years, the detection and identification of nucleic acids using point-of-care total nucleic acid analysis systems and procedures are in rise including loop-mediated isothermal amplification in various clinical and industrial settings. Besides loop-mediated isothermal amplification has also challenged PCR based amplification as it could achieve enhanced nucleic acid amplification by increasing surface area to volume ratio with reduced testing cost.

Macroeconomic indicators such as government funding for advancement and increased research on disease epigenetics; establishment of network of distribution and marketing agreements to ensure availability of products to different loop-mediated isothermal amplification end users globally; liberalization of import and export trade on point of care diagnostic devices and chemical reagents are also anticipated to propel the growth of the loop-mediated isothermal amplification market.

Key Challenges Facing Development of Loop-mediated Isothermal Amplification Market

On the grey side, loop-mediated isothermal amplification has several intrinsic disadvantages such as its amplification method is devoid of an internal PCR inhibition control (IC). It is essential to perform all the reactions in duplicate, one being or the target and the other one for the IC in loop-mediated isothermal amplification assay.

Moreover, most standard DNA polymerases are unable to exhibit activity in samples derived from crude lysate due to the presence of polymerase inhibitors. This adds complexity to the loop-mediated isothermal amplification processing due to additional steps involved in purifying DNA to be used for amplification, which could also result in loss of starting material.

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Regions with High Disease Prevalence to Reflect High Growth Potential for LAMP Market

Due to increase in prevalence of malaria and other pandemic diseases, regions such as East and South Asia are anticipated to be the fastest growing regional loop-mediated isothermal amplification markets and are poised to offer tremendous opportunities to key players. The increase in disease prevalence will increase the demand for the use of loop-mediated isothermal amplification for point-of-care diagnosis. Besides, distribution & collaboration agreements by leading players of loop-mediated isothermal amplification products with the established local distributors in the regions will fuel the market growth of both the regions.

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The loop-mediated isothermal amplification market report tracks some of the key companies operating in the global loop-mediated isothermal amplification market such as Eiken Chemcial Co., Ltd, New England Biolabs, Jena Bioscience GmbH, NIPPON GENE CO., LTD, HUMAN, Optigene, HiberGene Diagnostics, Meridian Bioscience, Inc., and Mast Group Ltd among others.

Urology Imaging Systems Market Is Set to Experience Revolutionary Growth by 2028

The report on the Urology Imaging Systems market further projects substantial growth potential with CAGR of 3.8% over 2018-2028.

While hospitals will continue to register the highest revenue share in terms of urology imaging systems adoption, the report highlights limited investment opportunities for manufacturers of urology imaging systems, within clinics.

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Increasing EU Reserve Funding Encouraging Adoption of Urology Imaging Systems

Increasing instances of urological disease and simultaneously increasing awareness about critical health issues is anticipated to boost demand for urology imaging systems and services across globe. Accessibility of EU reserves for part states in the CEE, paralleled by administrative projects in Russia, will be an imperative source of financing for new imaging equipment purchases and will contribute fundamentally to the advancement of the urology imaging systems market in the Eastern Europe.

In Russia, the 2020 Healthcare Development Program and National Project ‘Health’ center not just around conveying propelled advances to the nation and furnishing healthcare facilities with costly, top of the line urology imaging systems, yet additionally on obtaining mid-range and low-end urology imaging systems that are very required in local health facilities. The compliance to the EU reserve funding has given access to countries like the Czech Republic, Hungary, Poland, Bulgaria and Romania. Such compliances are anticipated to eliminate barriers for the new entrant in urology imaging systems market.

The growing demand for urology imaging systems is centered at increasing inclination towards technologically-advanced imaging tools used in the diagnosis of prostate cancer and uterine fibroid to reduce the risk of uterine cancer. Further increasing demand for urology imaging systems for accurate diagnosis and second opinion is anticipated to create demand for ultrasound- as well as fluoroscopy-based urology imaging systems, thereby driving the growth of the Urology Imaging Systems market. However, ultrasound systems are likely to continue representing a larger market value share over fluoroscopic variants, according to FMI’s analysis.

Favorable Reimbursement Scenario, Supported by Increasing Number of Diagnostic Establishments Driving Market Growth

In the recent years, the number of independent diagnostics and imaging centers in various developed and developing regions has seen a significant spike, overcoming a series of volume and reimbursement pressures in an effort to sustain profitability and achieve better margins. This according to the report is expected to drive the growth of the Urology Imaging Systems market.

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Many insurance companies have adopted effective marketing strategies to shift the patient volume to low-cost independent diagnostic centers and reduce the price point associated with urology imaging systems. Independent diagnostic imaging centers offer better service and often of superior quality, generally at the expense of local hospitals and weak operators. The development of low cost portable urology imaging systems is providing leverage to current imagining centers and subsequently driving the growth of Urology Imaging Systems market.

The report tracks strategic developments of some of the prominent players competing in  the global urology imaging systems market, including GE Healthcare, Toshiba Medical, Philips Healthcare, Hitachi-Aloka Medical, Siemens Healthineers, Samsung Medison, Mindray, Fujifilm Sonosite, Esaote, and Analogic. The report also provides key aspects and trends in the Urology Imaging Systems market, including reimbursement scenario, average selling price, and country-wise revenue analysis.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Vision Screeners Market sales are likely to near US$ 500 Million by the end of 2022

Global vision screener sales are likely to near US$ 500 Mn by the end of 2022. According to a new research intelligence study presented by Future Market Insights (FMI), the market for vision screeners will continue to witness an average 5.5% Y-o-Y growth in the revenues in 2022 and ahead. As reported by the study, more than a third of overall sales of vision screeners is targeted to a variety of vision screening tests, followed by color vision tests.

While portable or handheld vision screening devices have been sought after over the years, it is more likely that the vision screening software will experience rapid gains in coming years, as a result of brisk technological penetration. Moreover, as key manufacturers are investing considerable efforts in technological innovations of vision screeners, table-top variants are also likely to see healthy sales growth in the near future. Currently, more than 50% of the total sales are accounted by portable or handheld devices that are used during vision screening procedures, as per the report.

The rising prevalence of vision problems, advancements in technology, increasing healthcare spending, and the growing prevalence of diabetes constitute some of the key factors responsible for driving the global vision screeners market revenues.

In addition to some of the most commonplace vision disorders, newly establishing problems such as digital eye strain (more popularly, computer vision syndrome) are strongly necessitating the demand for efficient vision screening tests, particularly among the younger population. This, according to FMI’s analysis, will drive sales of vision screeners in the forthcoming years.

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Inadequate Effectiveness of Vision Screening Tests Prevails in Developing Asian Markets

Accounting for a collective value share of over 60%, North America and Europe will continue to lead the pack in global vision screeners market. In addition to early adoption of advanced technologies and high awareness about vision problems and the significance of vision screening, the growth of market in these regions has been prominently attributed to the rapid consolidation of healthcare facilities within these regions.

On the other hand, dearth of skilled and trained professionals in the field of vision screening will remain the prime factor restraining vision screeners adoption across developing Asian countries. Relatively lesser competency to professionally and accurately assess vision screening results continues to pose significant barriers in the growth path of market within Asia Pacific (APAC).

According to the report, a sizeable number of vision screening tests cannot be performed on children who have reading problems such as hyperopia or astigmatism. As a result, the ineffectiveness of vision screeners continues to negatively influence the number of parents opting for pediatric vision screening tests, which is further a significant factor deterring the revenues of vision screeners market in APAC.

Pediatric Vision Screening Emerging as a Prime Focus Area for Innovations

Some of the key players competing in the global vision screeners market landscape include Hill-Rom Holdings, Inc. (Welch Allyn), Essilor International S.A. (Stereo Optical Company Inc.), Adaptica S.r.l., OCULUS Surgical, Inc., Plusoptix Inc., Honeywell International Inc., FIM Medical SAS, SHANGHAI TOP VIEW INDUSTRIAL CO., LTD., Thomson Screening Solutions Ltd., and Keystone View. While a majority of these companies are concentrating in technological upgrades of the current offerings, augmented investments targeting FDA approvals will be an important strategy.

Moreover, multiple longstanding challenges prevailing in children’s vision screening are highly likely to push the scope for innovations, which would help overcome the challenges and extend the efficiency of vision screening – specifically for children. The FMI study reveals how the companies that are manufacturing, supplying, and distributing vision screeners are strategizing on the growing traction in the pediatric patients segment.

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Vision Screeners Market by Category

Product:

  • Table-Top Vision Screeners
  • Portable/Handheld Vision Screeners
  • Vision Screening Software

Technology:

  • Digital Vision Screeners
  • Computer-Based Vision Screeners

Application:

  • Vision Screening Tests
  • Color Vision Test
  • Binocular Testing
  • Others

End Users:

  • Hospitals
  • Homecare Settings
  • Specialized Clinics
  • Rehabilitation Centers
  • Ambulatory Surgical Centers

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Region:                    

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan (APEJ)
  • Middle East & Africa
  • Japan

Hematology Diagnostics Market to Witness a Healthy Growth by 2026

The report on hematology diagnostics market offers an incisive analysis of the global hematology diagnostics market over the forecast period of 2018 to 2026. The report on hematology diagnostics market sheds light on prime opportunities brimming in the hematology diagnostics market during the forecast timespan, for the readers to take into account. The report on hematology diagnostics market offers a deep-dive into a comprehensive segmental analysis, wherein every segment has been analyzed and presented on the basis of their attractiveness in the hematology diagnostics market space.

The segmentation offered in the research study on hematology diagnostics market is presented on the basis of end-user, product type, and region. On the basis of product type, the hematology diagnostics market has been bifurcated into hematology consumables and hematology instruments.

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On the basis of end-user, the hematology diagnostics market has been bifurcated on diagnostic laboratories, academic institutes, hospitals & clinics, and others. On the basis of region, the hematology diagnostics market has been gauged across regions of North America, Asia Pacific, Latin America, Europe, and MEA (Middle East & Africa).

The research methodology for hematology diagnostics market report is solely based on both primary and secondary research phases, which are the key steps carried out to garner useful insights with respect to hematology diagnostics market growth. The insights collected and compiled in the hematology diagnostics market report are instrumental for analyzing growth of hematology diagnostics market.

Primary research represents a crucial part of the overall research methodology for hematology diagnostics market report, wherein in-person interviews and constructive discussions with industry experts and opinion leaders are carried out. The phase of secondary research consists of a comprehensive study of various relevant sources, including annual reports, investor presentations, paid databases, and company websites. The report on hematology diagnostics market gives data insights, for both value and volume, and also considers the macro and micro economic trends for determining growth of hematology diagnostics market.

The research report on hematology diagnostics market comprises of a detailed executive summary, wherein a quick snapshot is offered to understand the market progress. The executive summary also comprises of information and insights on various market segments, wherein different segments along with their growth prospects have been analyzed. The various products segments analyzed in detail in the hematology diagnostics market report include product type, region, and end-user.

The section of market overview in the hematology diagnostics market report offers a detailed analysis of the market dynamics, including trends, opportunities, challenges, and drivers, which play a profound role in shaping growth of hematology diagnostics market. The report on hematology diagnostics market also offers a model of Porter’s five forces, which offers a deep-dive into the competitive landscape of hematology diagnostics market.

The competitive landscape section in the hematology diagnostics market report offers a detailed analysis of market share of various players operating in the global market space, along with other details such as differential strategies, revenue details, regional presence, and product developments.

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On the basis of region, the growth of hematology diagnostics market has been analyzed and examined across various key regions, including North America, Asia Pacific, Latin America, Europe, and MEA (Middle East & Africa). The regional analysis in the hematology diagnostics market report offers a comprehensible view of various countries and associated growth opportunities for the better understanding of readers.

The report on hematology diagnostics market also includes profiles of  leading players operating in the market on the basis of multiple aspects, including company and financial overview, product portfolios, differential strategies, and novel product developments.

Allergy Immunotherapy Market Expectations and Growth Trends Highlighted Until 2030

Increasing incidences of allergies and inefficient treatment methodologies, such as pharmacotherapy, for controlling the occurrence rate of allergies are fuelling adoption of allergy immunotherapy, which is deemed as a designated cure for various types of allergies. A notable shift of patients and healthcare providers towards allergy immunotherapy has been observed, owing to its competency to change the course of the disease and improve the immunological resistance.

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Development of new products to cure allergies is expected to reflect positively on the growth of the global allergy immunotherapy market. Analysing a cohort of these factors, a new report published by Future Market Insights opines that the allergy immunotherapy market is poised to surpass a valuation of US$ 3.33 billion with an impressive CAGR of over 10% through 2025.

According to the study, growing focus on taking preventive measures against chronic illnesses is also catalysing the allergy immunotherapy market. The American College of Allergy, Asthma and Immunology anticipates that allergies are the sixth-most significant reason for the occurrence of the chronic illness in the North America region. As stated by the Centers for Disease Control and Prevention (CDC), over 50 Mn Americans suffer from various types of allergies every year. Moreover, it is estimated that by the end of 2025, about 50% of the population will suffer from allergic diseases.

Novel Product Launches in Sublingual Immunotherapy Segment to Offer Lucrative Growth Opportunities to the Allergy Immunotherapy Market

Depending on the treatment type, the sublingual immunotherapy drugs segment is expected to hold a prominent share in the allergy immunotherapy market during the forecast period. This is attributed to the United States

Food and Drug Administration (FDA) approval for sublingual therapy. Launch of novel therapies such as Ragwitek, Grastek, and Oralair has significantly influenced the allergy immunotherapy market growth. In addition to this, development of Odactra to treat the allergy caused by house dust mite is projected to trigger the growth of allergy immunotherapy market.

Hospital Pharmacy Remains the Preferred Distribution Channel in Allergy Immunotherapy Market

According to the FMI study, hospital pharmacy remains a preferred distribution channel, and the status quo is likely to continue throughout the forecast period. The study opines this segment to grow at a significant CAGR through 2025, on the back of wide availability of allergy immunotherapy products and drugs at the hospital pharmacies. Sales are also surging through online channels, with this segment likely to account for over 12% CAGR by the end of 2025, owing to the development of leading pharmaceutical chains.

Preview Allergy immunotherapy market is segmented by (Distribution channel – online pharmacies, retail pharmacies and drug stores & hospital pharmacies; Treatment type – sublingual immunotherapy & subcutaneous immunotherapy; Allergy type – asthma, allergic rhinitis, venom allergy & food allergy among others;) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025: https://www.futuremarketinsights.com/reports/allergy-immunotherapy-market

Popularity of Allergy Immunotherapy in Europe to Lend Lucrative Growth Opportunity Market Players

According to the report, Europe is projected to account for the largest share of the allergy immunotherapy market during the forecast period. The growing size of the allergy immunotherapy market in this region can be attributed to the pervasiveness of allergic disorders, development of novel therapies, and high budget sanctioned for the R&D of an effective cure. As a result, Europe procures a prominent share with a notable CAGR of 11.5% in the global allergy immunotherapy market.

Growing awareness of the allergy and its treatment in parallel to the development of the effective products have considerably influenced the growth of the allergy immunotherapy market in North AmericaAsia Pacific is envisaged to witness a steady growth of the allergy immunotherapy market throughout the forecasted period.

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Novel Products Launched by Manufacturers to Bolster Growth of the Allergy Immunotherapy Market

Some of the key players of the global allergy immunotherapy market comprise WOLW Pharma, Holister Stier, Leti, Allergopharma, Stallergenes, Greer, Allergy Therapeutics, ALK-Abello A/S, HAL Allergy Group, Biomay AG, Circassia, DBV Technologies, Aimmune Therapeutics, and Merck KGaA, among others. Below are the insights into the key developments of these players.

  • In the year 2014, United States FDA approved the product of Stallergeners S.A., ORALAIN, as it became the first immunotherapy tablet for curing allergic rhinitis caused by grass pollen.
  • In 2014 itself, Alk-Albeno A/S received approval for the launch of Grastek as an effective cure for treating allergic rhinitis.

Such neoteric development and product launches are expected to boost the global allergy immunotherapy market.

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Slitting Machine Market Expectations & Growth Trends Highlighted Until 2027

Slitting machine is widely used to slit paper, plastic film, and metal foils. For slitting soft material, circular or straight blades can be used. Two cylindrical rolls with matching grooves and ribs are used for hard materials such as sheet metal to cut a large roll into multiple small rolls. Slitting machine is widely used in converters. It is commonly used in those industries where material printing, coating, and lamination happens. In addition, slitting machine is cost effective and provide maximum efficiency. Furthermore, the Slitting machine is also used in the packaging industry to slit the plastic rolls into narrower rolls which are then used on the packaging machine.

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Global slitting machine market: Dynamics

The key driving factor of the global slitting machine is increasing automation in packaging industry along with increasing health consciousness among consumers. The macroeconomic factors are driving the global slitting machine market such as growing economy, increasing per capita income and rapid rate of urbanization in emerging countries such as China, Brazil, Mexico, and India. The growth of the global slitting machine market is driven by growing demand for slitting machine in metal cutting and increasing investments in the food industry. In addition, rapidly growing paper, as well as plastic industry, is also one the key driving factor to grow the slitting machine market across the globe.

The key restraining factor which restricts to grow the global slitting machine market is the safety regulations related to slitting machine market. Some of the factors trending the slitting machine market include mergers and acquisitions with local players as well as increasing the demand for high quality packaged food. In addition, technological advancement such as slitting machine which is embedded with touch screen PLC (Programmable Logic Controller) is the major trends of slitting machine market across the globe.

Global slitting machine market: Regional Outlook

Based on the geographies, the global slitting machine is segmented into seven regions globally such as North America, Eastern Europe, Asia-Pacific excluding Japan,  Latin America, Western Europe, Japan and Middle East & Africa. Among above-mentioned regions, North America contributes high market share in the slitting machine across the globe followed by Western Europe, owing to rapidly growing food industry in this region. Western Europe is predicted to contribute the significant share in global slitting machine market over the forecasted period, due to the highly growing packaging industry along with significant growth in the automotive industry in this region.

The Asia-Pacific excluding Japan region also captures for the significant share of the global slitting machine market with high growth rate, attributed to increasing per capita income, the rapidly growing population, along with highly growing steel industry in this region. Latin America is estimated to showcase a positive growth rate in the global slitting machine market, owing to robust growth in the steel industry and changing the life style of consumers in this region. The Middle East and Africa is estimated to witness high growth rate in global slitting machine market, attributed to high growth in the metal slitting industry in this region.

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Few associated players of global slitting machine market as follow:

  • Dah Bah Machinery Industrial Inc.
  • HCI Converting Equipment Co., Ltd.
  • Universal Converting Equipment
  • TTR EUROWORKS BV
  • Euromac s.r.l.
  • ASHE Controls Limited
  • Yo Den Enterprises Co., Ltd
  • Toray Engineering Co.,Ltd.
  • Webcontrol Machinery Corp.

Split by product type, with production, revenue, price, market share and growth rate of each type, can be divided into

  • automatic thermal paper slitting machine
  • cash register paper roll slitting machine
  • automatic slitting rewinding machine
  • automatic roll to sheet cutting machine

Split by application, this report focuses on consumption, market share and growth rate of Automatic Slitting Machine in each application and can be divided into

  • Industrial
  • hospital
  • others

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

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The report covers exhaust analysis on:

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

The regional analysis includes:

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

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

Pharmaceutical Intermediates Market is predicted to exhibit a CAGR of 4% during the forecast period (2021-2030)

The rapidly increasing prevalence of chronic diseases around the world is expected to fuel the need for novel drugs and better treatment option would further drive the growth of the global market. Due to increasing demand for novel drugs option, there has been rising applications of drug intermediates and growing adoption and in the field of research and clinical studies.

Leading players in the biotechnology and pharmaceutical sectors along with research institutes are now increasingly focusing on R&D activities relating to drug creation and development. Future Market Insights (FMI) in a new study has forecast the global pharmaceutical intermediates to reach US$ 30 Bn in 2020, with the market predicted to exhibit a CAGR of 4% during the forecast period (2020-2030)

Pharmaceutical intermediates are used in during manufacturing of bulk drugs as raw materials. These are the material produced during the synthesis of an active pharmaceutical ingredient (API). However, pharmaceutical and biotech companies can make use of these drug intermediates for the purposes of research and development (R&D). Moreover, there are different forms of pharmaceutical intermediates available such as high quality pharmaceutical intermediates, moderate quality pharmaceutical intermediates and premium quality intermediates. The high-quality and premium pharmaceutical intermediates are mainly used for R&D activities.

COVID-19 pandemic is negatively impacting pharmaceutical intermediates sales due to supply chain disruptions caused due to extended period of lockdown. Nonetheless growth is expected to recover because an increasing number of pharma companies are engaging in research and development to find effective treatment and vaccination for COVID-19 virus.

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Key Takeaways from Pharmaceutical Intermediates Marker Study

  • The demand for chiral intermediates will continue rising through the forecast period
  • East Asia will dominate in the global pharmaceutical intermediates market. China is expected to emerge as the most lucrative market for pharmaceutical intermediates in the region.
  • Analgesics to remain primary application, expanding at Y-o-Y rate exceeding 6% through 2020
  • The demand for Generic Drug Intermediates is expected to be higher than Branded Drug Intermediates
  • Biotech and Pharma Companies will continue exhibiting high demand for pharmaceutical intermediates

“Rising drug development activities worldwide as well as increasing adaption of pharmaceutical intermediates as raw material are driving the growth of global Pharmaceutical Intermediates market” says the FMI Analyst

Acquisitions, Partnerships and expansion are key Strategic Focus of Pharmaceutical Intermediates Market Players

Leading players in the Pharmaceutical Intermediates market on strengthening their market position though the Acquisition, Partnerships and expansion. For Instance,

  • On April 2018, strategic collaboration between Porton Pharma Solutions, Ltd. And Codexis, Inc. to use Codexis’ biocatalyst technology within Porton’s global custom active pharmaceutical ingredients (API) and intermediate for manufacturing business.
  • On June 2017, BASF SE is expanding its production capacity at Texas site, whereas it is also constructing new Ibuprofen API facility in Ludwigshafen, Germany, which is expected to be functional in 2021.

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Key Participant Insights

The global market is set to expand its scope in the forecast period, due to rising prevalence of chronic disease globally and adoption of Pharmaceutical Intermediates at various stages of drug development by pharmaceutical manufacturers. In addition to this, cost effectiveness and rise in alternate methods for purification of oligonucleotide has augmented the sales of Pharmaceutical Intermediates.

The key market players covered by FMI include

Chiracon GmbH, Aceto Corporation, Midas Pharma GmbH, Codexis, Lianhe Chemical Technology Co., Ltd, Sanofi S.A, Dishman Group And BASF SE, And Chemcon Speciality Chemicals Pvt. Ltd consolidating their positions through mergers, acquisitions and new product launches.

Pharmaceutical Intermediates Market – Key Segments

Product

  • Chemical Intermediates
  • Bulk Drug Intermediates
    • Chiral Intermediates
    • Achiral Intermediates
  • Custom Intermediates

Category

  • Branded Drug Intermediates
  • Generic Drug Intermediates

Application

  • Analgesics
  • Anti-inflammatory Drug
  • Cardiovascular Drugs
  • Anti-diabetic Drugs
  • Antimicrobial Drugs
  • Anti-cancer Drugs
  • Others

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End User

  • Biotech and Pharma Companies
  • Research Laboratory
  • CMOs/CROs

Region

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