Market Research Blog – Page 15849 – New Product Development

Pyramid Tea Bags Market Size, Growth Opportunities, Industry Potential, Segmentation Overview, Trends And Forecast Studies 2030

The growing trend for ready-to-drink tea has been complementing the rising consumption of pyramid tea bags. Future Market Insights (FMI) in its recent report has identified the scope for expansion of the pyramid tea bags market. The report forecasts the market to register a steady expansion at around 4.5% CAGR between 2020 and 2030. The benefits of well-being and health are witnessed as the main pyramid tea bags market drivers of potential growth in consumption.

The key factor driving the market is the rising awareness about tea as a healthier alternative to popular beverages. Backed by advances witnessed in teabags packaging, their consumption is surging in emerging markets as well, where loose tea has conventionally boasted higher consumption.

The report sees lucrative prospects for the market especially since brands are introducing diverse flavors of tea in addition to tea bags packaging styles. Manufacturers are presenting unique tea flavors such as blueberry, apple, mint, lemon, turmeric, and several others with shiny, bespoke pyramid tea bags in the market which aided them to sustain the market for much a longer time. Availability of pyramid tea bags in diverse flavors has been helping in gaining traction.

The report offers an executive-level blueprint of various factors enabling growth in the market. It also uncovers hidden prospects and potential threats. Some of the key takeaways from the report are discussed below.

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Some of the key takeaways from the report are:

The pyramid tea bags market will account for US$ 380.5 Mn by 2030 end
North America is estimated to remain the dominant region throughout the forecast period
South Asia and East Asia markets will record growth at a higher rate of pace during 2020-2030
Nylon material shall constitute above 46% of the market by the end of forecast period
Direct sales at present account for over 50% of market revenue share and is likely to continue to dominating the global market until 2030 end
Commercial users are projected to account for a hefty share in the global market, wherein quick-service restaurants (QSRs) will be gaining significant traction

COVID-19 Impact on Pyramid Tea Bags Market

As society continues to thrive and work more from home, amidst the COVID-19 pandemic, it will present significant opportunities for the pyramid tea bags market to boom. Especially with producers exploring opportunities in ecommerce, the market is expected to gain impetus despite ongoing restrictions posed by the pandemic.

Tea offers comfort and better health benefits, which has been aiding the overall market expansion. With consumers looking for natural ways of boosting immunity, surge in consumption of herbal tea is likely.

Spurred by these factors, the market despite sluggish growth in 2020, is expected to recover soon. Between 2020 and 2030, it is forecast to continue exhibiting growth at a positive pace.

Who is winning?

The presence of several leading brands has rendered the pyramid tea bags market consolidated in nature. Competition foreseen in the market is consequently rising, while 70-80% of market share is held by the tier 3 players, key players contribute around 20-30% of the worldwide market.

Major market players operating in the global market are Tata Consumer Products Limited, Hain Celestial Group, Unilever PLC, R. Twining, and Company Limited, Dilmah Ceylon Tea Company PLC, JIN DA Tea Co., Ltd, Bigelow, and The East India Company Ltd.

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Why Future Market Insights?

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

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

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

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Functional Electrical Stimulation Market Size Estimates and Forecasts by Region, Growth Rate and Trend Analysis by Types and Application 2021 to 2031

According to the recent research by Future Market Insights, the Functional Electrical Stimulation Market is set to witness 8.6% growth during the forecast period from 2021 to 2031. The rising incidences of injury to the central nervous system lead to enhance functional electrical stimulation market during the forecast period from 2021 to 2031. Therefore, there will be significant growth seen in the functional electrical stimulation market.

What is Driving the Demand for Functional Electrical stimulation?

The functional electrical stimulation market is driven by various factors such as rising musculoskeletal disorders, advancement in the technological field such as medical science, the rising importance of pain management therapies in different fields of medicines, and the increasing number of physiotherapists for the disorders of muscle stimulators helps decrease pain, decrease discomfort, restore muscle tone, and rehabilitate various parts of the body.

Also, the unhealthy diet and lack of physical activities and exercise tend to drive the demand for functional electrical stimulation soon.

Rising Prevalence of Musculoskeletal Disorders Likely to Propel the Growth of Functional electrical stimulation Market

The prevalence of musculoskeletal disorders is rising globally due to unhealthy diet and lack of physical activity which leads to obesity and musculoskeletal disorders.

According to WHO data of February 2021, a total of 1.71 billion people were suffering from musculoskeletal conditions worldwide. Among which low back pain causes the highest burden with a prevalence of 568 million people suffering from the condition globally.

Thus, the demand for functional electrical stimulation will increase significantly with the increasing prevalence of musculoskeletal disorders shortly.

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U.S. and Canada Functional Electrical Stimulation Market Outlook

Obesity is related to nervous system disorders and can lead to the condition of stroke also where the blood stops flowing to the brain. In America, the prevalence of obesity is rising due to changing lifestyles such as having unhealthy diet choices and changing sleep schedules.

For instance, according to CDC, the prevalence of obesity increases from 30.5% to 42.4% from 2000 to 2018.

Therefore, the demand for functional electrical stimulation will increase during the forecast period from 2021 to 2031.

Europe Demand Outlook for Functional Electrical Stimulation

The prevalence of the musculoskeletal disorder is high in the region that has a direct positive impact on the electrical stimulation market. For instance, Poland and Hungary are the two European countries with the highest prevalence of musculoskeletal disorder with 6,737 and 6,697 per 100,000 population respectively.

Thus, with the rising musculoskeletal disorder, the demand for functional electrical stimulation also rises in the region.

Who are the Key Manufacturers and Suppliers of Functional Electrical Stimulation?

The key players of functional electrical stimulation include HASOMED GmbH, Bioness Inc., Trulife, Otto Bock, Odstock Medical Limited, Hobbs Rehabilitation, MotoMed, and others.

The above companies follow certain strategies like merger & acquisition, getting FDA approval, and new product launches to be at the top position in the market. For instance, in May 2017, Ottobock collaborated with Bioness for the distribution of the new FES generation from Bioness.

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

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

EMG Biosensors Market size, Insights, Prospects, Growth Trends, Key Trends, Opportunities and Forecast until 2031

According to the latest research by Fact.MR, EMG Biosensors Market is set to experience steady growth during the year 2021-2031. With increasing importance of continuous health monitoring, the market according to research conducted by Fact.MR will see a steady growth over the forecast period of 2021-2031 with a CAGR of around 6.7%.

What is Driving the Demand for EMG Biosensors market?

Skeletal muscles in the human body carry out their function of contracting and relaxing with help of electrical signals directed by the brain. EMG or Electromyograph is type of device that measure this electrical activity.

Any variation in these patterns can point to a disturbance in the standard muscular function. This activity can be widely measured and analysed in two forms; pattern recognition and signal intensity.

Abnormal pattern in the former can indicate towards a potential muscular complication. The later, however, helps in determining the strength of the electrical signals reaching the muscles from the brain. Low signal points towards a probable electrical conduction issue in these skeletal muscles and vice versa.

These biosensors apart from EMG have diversity in their application, ranging from monitoring of heart rate, neural study and dermal study. This is an important factor in driving this market towards an optimistic future.

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Growing awareness of continuous health monitoring is another crucial factor in driving this market ahead. This has recently gained more popularity among the athletes. Many athletes use this EMG biosensors to closely monitor their health, and notifies them in case of health concerns. This early detection will help athletes perform better and help them stay ahead of their game.

With technological advancements, biosensor technology is integrated in smart bands, smart watches, and smart rings which help monitor health parameters on the move 24/7. Although this may open up new avenues, but data accuracy is one of the concern which is likely to have negative impact on the market growth.

Development of Novel EMG Biosensors to Create lucrative Growth Opportunities.

According to article published by American Institute of Physics in their APL Materials journal (24 August 2021) use of nanocomposites made from materials like gold and silver which can be used in EMG biosensors.

Textile-based and affordable silver (Ag) micro-flakes were fabricated and then gold (Au) nano-particles were electrochemically deposited on the Ag. This process helped the researchers in increasing the bioavailability, biocompatibility and surface area of the particles.

It was inferred that the signals received during the myography were detected with more ease and accuracy than the normal biosensors. Bicep and finger movements were recorded to show the most sensitivity among other movements. Discoveries like these venturing into novel avenues to improve existing infrastructure will reinforce the growth of EMG biosensors market.

U.S and Canada EMG Biosensors Market

Advanced health edifice combined with standardized policies will help the U.S market towards a growth. The presence of major players will certainly prove beneficial for the market as with increasing research in finding out various applications of these bioreactors will certainly impact the market positively.

Apart from this, Washington Post reported that USA has the highest number of athletes in the Olympics. As continuous health monitoring plays an important role in athlete’s career, the presence of large number of athletes will positively drive the sales of EMG biosensors in this region.

Europe EMG Biosensors Market

Europe is the second most lucrative market owing to the European Union’s efforts to setup a novel technique in health monitoring. This technique is known as the Surface ElectroMyoGraphy for the Non-Invasive Assessment of muscles or SENIAM. EU’s Biomedical Health and Research P7rogramme has setup this technique. This technique consists of a set of simulation models for education and testing, a set of test signals, eight books, publications and a European network for SEMG: the SENIAM club.

Some of the Key player operating in Europe include; TMSi (Netherlands), Bitbrain Technologies (Spain), and LUX Wireless Biosignals S.A (Portugal).

Who are the key Manufacturing Supplying Companies in EMG Biosensors Market?

Key manufacturers and suppliers in the market are

Biometrics Ltd. (US)
Delsys Incorporated (US)
Butler Technologies (Ireland)
iMotions (Denmark)
EB Neuro S.p.A. (Italy)
Compumedics NeuroScan (United States)
OpenBCI (US)
Ceribell Inc. (United States) and others.

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Why Future Market Insights?

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

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

Portable MRI Market Analysis by Growth, segmentation, performance, Competitive Strategies and Forecast to 2031

According to the latest research by FMI, Portable MRI Market are set to witness a high growth of CAGR 6.8% during the year 2021-2031.

Portable MRI is an emerging tool during the COVID-19 pandemic. The introduction of low cost solutions in terms of portable MRI scanners is expected to enable new point-of-care and monitoring applications. With existing MRI scanners in centralized settings, accessibility and reduction of cost is primal.

Upcoming advancements in computational technology, hardware as well as expanding scanning-based technology industry in developing economies is set to effectively lead towards boosting sales of portable MRI.

Factors associated with the compatible applications of portable MRI in hospital environment and the reduced risk associated with lower magnetic strength of portable MRI are set to advance imaging services with expense mitigation, globally.

Portable MRI sales are expected to greater expansion over the forecast period owing to the strength of the factors mentioned above.

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What is Driving Demand for Portable MRI?

The demand for portable MRI is driven by the premise of expansive reach of MRI through cost reduction. The applications of portable MRI provide support in terms of cost, sitting and operational burdens which is directly applicable to benefitting the overall healthcare development by increasing the access to MRI examinations for a larger number of patients. Additionally, portable MRI yields a higher rate of use with varied applications.

Not to mention, in cases of acute neurological settings, the application of portable MRI will positively impact patient health with non-invasive and time-sensitive neuroimaging. The benefits of this approach can potentially be employed in the assessment of neurological injury in various medical setups, including environments with limited resources.

Which Factors are likely to Augment Growth of Portable MRI?

Technological advancements in terms of MRI scanners, especially specialty scanners has introduced a unique method of imaging. The costs associated with such scanners exhibited sub-optimal commercialization as compared to the prevailing models. The augmentative factor which provides leverage to portable MRI sales is the ease of access and potential for commercialization because of the advent of the COVID-19 pandemic.

U.S. and Canada Portable MRI Outlook

Introduction of COVID-19 pandemic over the globe impacted the magnetic resonance departments across the United States in terms of reduced procedure volume. The region of North America is expected to exhibit growth in terms of portable MRI sales over the forecast period. The growth is catalyzed by the increasing patient pool in the region as well globally, and rising awareness towards early diagnosis of diseases.

To quote health information provided by the Govt. of Canada on their website “44% of adults 20+ have at least 1 of 10 common chronic conditions”. Portable MRI demand in Canada is expected to increase over the forecast period owing to the rising prevalence of chronic diseases and growing geriatric population.

Europe Demand Outlook for Portable MRI

The region of Europe is projected to occupy a large share after North America in the adoption of portable MRI due to the rising prevalence of chronic diseases in the region, as well as increasing technological advancements, resulting in high demand for medical imaging devices.

The growth is also associated with the growing popularity of teleconsultation and teleradiology in the region, especially in countries like Germany. Demand of portable MRI in the region is lucrative and based upon the premise to fight cancer by employing cost-efficient and accessible diagnostic imaging solutions.

Who are the Key Manufacturers and Suppliers of Portable MRI?

Key companies operating in manufacturing and supply of Portable MRI are

GE Healthcare
Siemens Healthineers
Philips Healthcare
Canon Medical Systems
Hyperfine
Voxelgrids
PrizMed Imaging.

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Why Future Market Insights?

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

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

Long-Acting Monoclonal Antibodies Market Research Report 2021-2031: Industry Trends, Regional Wise Outlook, Growth Projections and Opportunities

What is driving Demand for Long-Acting Monoclonal Antibodies Market?

The demand for long-Acting monoclonal antibodies market has seen at a higher rate at a global level as there has been increase in the number of chronic diseases growing at a different level. The rising ageing population and sedentary lifestyle owes for the demand for the market. Furthermore, long-acting monoclonal antibodies market has witnessed significant positive impact of COVID-19 as several mAbs have potential to effectively treat coronavirus infection. The companies are also conducting clinical trials to further boost the development of highly potential therapies. With potential in minimizing infection severity in treatment of COVID-19, the industry will continue to experience revenue growth during the pandemic. Alternating therapeutics market is exploring themselves globally.

According to the latest research by Future Market Insights, the Long-Acting Monoclonal Antibodies market will undergo a steady growth during 2021-2031. A gradual increase due to constant research studies being conducted and new verticals of disease treatment being opening can be seen over the mentioned forecast period. The increasing innovations and advancements in genetic engineering will further boost the market. Current Pandemic situation of Covid-19 has made the market to grow immensely in the field of developing more vaccines at the global rate of the population.To remain ahead of your competitors, request for a sample – https://www.futuremarketinsights.com/reports/sample/rep-gb-14105

Europe Demand Outlook for Long-Acting Monoclonal Antibodies Market

The European market is considered to be the second largest market for long-acting monoclonal antibodies at a global level. As technological advancement grows, it will directly lead to rise in the monoclonal antibody market size. This market is seen to grow at a rapid pace as oncological segment constitutes a high demand for production. Furthermore, European Medicine Agency in the year 2013 approved of biosimilar products and said that they can be approved globally, which in turn drives the market demand. R&D are expanding themselves in developing new drug every now and then, this will let the antibody market to reach heights.

Increasing Product Launches and Approvals to boost the Demand

Monoclonal Antibodies are the similar immunoglobulins which is developed from a B-cell. New technological advancement has brought in benefiting results via research and development industries. FDA has approved many monoclonal antibodies giving the lucrative growth in the given forecast period. FDA issued the EUA i.e. emergency use authorization for Casirivimab and imdevimab that can be used in treating mild to moderate infection.

U.S. Long-Acting Monoclonal Antibodies Market Outlook

U.S. is said to be the most dominating market due to its well-developed health infrastructure, in terms of disease treatment rate. Leading industries in the US has seen to expand themselves into long acting monoclonal antibody market. The presence of major players and ongoing clinical trials makes U.S. the leading player in the market. For instance, ASTRAZENECA’s long acting antibody is set to enter into phase 3 of clinical trial.

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Who are the Key Manufacturers and Suppliers of Long-Acting Monoclonal Antibodies market

Eli Lilly
Abbott Laboratories
AstraZeneca plc.
Amgen Inc.
Bayer AG
Johnson & Johnson
Pfizer
GlaxoSmithKline Plc.
Merck & Co. Inc.
Novartis

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.

Long-Acting Monoclonal Antibodies 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: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Key SegmentBy Source Type:

Murine
Chimeric
Humanized
Human

By Indication:

Cancer
- Breast cancer
- Colorectal cancer
- Lung cancer
- Ovarian cancer
- Others
Autoimmune Diseases
Inflammatory Diseases
Infectious Diseases
Others

By End User:

Hospitals Pharmacies
Drug Stores
Retail Pharmacies
E-commerce

For in-depth insights, Download a PDF Brochure – https://www.futuremarketinsights.com/reports/brochure/rep-gb-14105

By Region:

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

Interlaminar Device Market Size (Value & Volume), Future Trends, Opportunities and Sales Channels, Forecast 2031

According to the latest research by Future Market Insights, Interlaminar Device Market is set to witness a growth 5.4% during the year 2021-2031. Interlaminar device normally relates to the disease defined by the compression of nerve roots and shrinking of the spinal canal due to many pathologic causes, further leads to symptoms such as pain with a tingling feeling, numbness, and weakness. Spinal stenosis can include the cervical, lumbar, or thoracic (rarely) spine.

What is Driving Demand for Interlaminar Device?

The growth for interlaminar device is driven by various factors including advancements in spine surgery technologies, increasing incidence of spinal disorders, the launch of advanced bone grafting products, and the increasing adoption of minimally invasive spine surgeries.

Furthermore, key players across the globe focus on advancements in terms of technology to improve the interlaminar device efficacy and expanding their application in the market and assist with inventive growth opportunities. Furthermore, introducing unique product in the market allows businesses to acquire a competitive edge and increase product adoption.

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Which factors are likely to Augment Growth of Interlaminar Device Market?

The growth of interlaminar device is likely to be boosted by technological factors which benefits include a shorter hospital stay and recovery time, faster and longer-lasting relief from discomfort, better treatment adaptability, and adjacent layers are naturally moving.

For instance, in May 2018 Paradigm Spine disposable instrument kit coflex® Interlaminar stabilization gets FDA pre-market approval. Coflex® interlaminar stabilization is an exclusive posterior lumbar motion preservation solution which offers long-term outcomes for patients with moderate to severe spinal stenosis.

U.S. and Canada Interlaminar Device Market Outlook

The region of North America accounts for highest market share in the current scenario for interlaminar device. The increasing adoption and penetration of interlaminar device into US and Canada market is mainly due to a rise in the number patients with spinal cord injury, better healthcare facilities, and organizations like the North American Spine Foundation all working to raise awareness and educate healthcare providers and public about different medical condition.

As per data published by National Spinal Cord Injury Statistical Center, in 2017, approximately 285,000 people in the U.S. are estimated to be suffering from spinal cord injuries.

Europe Demand Outlook for Interlaminar Device

The European region is set to witness a dominant demand for interlaminar device due to the improving healthcare infrastructure, rising awareness, improving reimbursement scenario, and the growing insurance coverage are the major key factor to boost the growth in European region.

Some other factors are rising treatment rates for degenerative spine diseases, rising geriatric population, medical technological advances, and a growth in the demand for minimally invasive treatments are all contributing factors to this trend in Europe.

Who are the Key Manufacturers and Suppliers of Interlaminar Device?

The key companies operating in manufacturing and supply of interlaminar device market include

NuVasive
Life Spine
Lanx acquired by BioMet
X-Spine
Pioneer Surgical
Alphatec
Paradigm Spine

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

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

Bowel Stimulators Market Trends, Strong Application Scope, Key Players, Growth Overview and Forecast by 2031

According to the latest research by Future Market Insights, Bowel Stimulators market is set to witness a 6.3% growth during the year 2021-2031. The market has been developing at a gradual rate and is projected to witness lucrative growth due to increasing number of population suffering from Overactive Bladder (OAB) and rising cases of urge incontinence, like Urinary Tract Infection (UTI). In addition, advancements in technology and development of lesser invasive procedures is likely to fuel the market demand.

What is Driving Demand for Bowel Stimulators?

A rise in disposable income, surge in incidences of Overactive Bladder, UTI and similar disorders, and development of minimally invasive procedures are primary factors boosting the market.

In addition, governments of various nations are taking initiatives to make sure that a most of the population has accessibility to inexpensive healthcare. Also, reimbursement programs of insurance companies have become promising. These factors are expected to lead to market growth.

Also, the growing geriatric population and the associated disorders re expected to increase the demand for of bowel stimulators.

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Growing incidence of urge incontinence, likely to increase the Bowel Stimulators Sales

The rising incidence of urge incontinence, like urinary tract infection (UTI) and growing occurrence of overactive bladder conditions, are the major factors responsible for the development of the market.

In addition, the increasing occurrence of fecal incontinence and the presence of medical reimbursements are certain other factors driving the market demand. According to an article published in 2019, in the Indian Journal of Community Medicine, the incidence of urinary incontinence in postmenopausal women between 45-90 years of age was about 26.47%. Besides, urinary incontinence has a considerable impact on mental and social health, which can be overcome by suitable treatment of these incontinence disorders.

US and Canada Bowel Stimulators Market Outlook

United States and Canada dominate the Bowel Stimulators market. The market is projected to witness considerable growth due to the availability of well-developed healthcare facilities, rising awareness about the prevalence and treatment of overactive bladder conditions and rapid adoption of developed medical products.

As per the CMS (Center for Medicare and Medicaid Services), urinary incontinence impacts about 13 million adults, generally women, in U.S. Bowel stimulators bring about considerable improvement in improving the quality of life for affected patients. Hence, rising incidence of fecal incontinence is likewise anticipated to boost the market in US.

Europe Demand Outlook for Bowel Stimulators

Europe is second dominating market and is projected to register a noteworthy growth owing to the growing geriatric population in Europe, increasing product launches, and growing healthcare expenditure in the region.

Also, the rising cases of fecal incontinence, is likely supporting the market development. As per the international neuromodulation society, in the U.K., one of the studies demonstrates that most of the elderly population are impacted by fecal incontinence.

Who are the Key Manufacturers and Suppliers of Bowel Stimulators?

Some of the leading manufacturers and suppliers of

Bowel Stimulators include Medtronic PLC
Axonics Inc.
Sportaid
Nuvectra
Cogentix Medical
Laborie Inc.
B. Braun
Cyberonics and others.

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Why Future Market Insights?

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

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

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

According to the latest research by Future Market Insights, HBsAg Testing market is set to witness a 5.9% growth during the year 2021-2031.

The market has been increasing at a gradual rate and is projected to witness lucrative growth due to increase in cirrhosis and liver cancer deaths due to prevalence of hepatitis B, technological advancements in diagnostic kits and due to increase in cirrhosis and growing awareness regarding early detection of hepatitis B.

What is Driving Demand for HBsAg Testing?

Hepatitis B is a potentially fatal infection and has turned into a vital healthcare problem across the world. Rise in prevalence of hepatitis B and need for early detection of hepatitis B are primary factors supporting the market growth.

In addition, rise in awareness among the population; and increase in initiatives by non-profit organizations and governments add to the development of the market. Increase in awareness among the patients’ leads to early detection of the disease. This is driving the demand for HBsAg testing.

Growing research and innovation, rise in healthcare expenditure and urbanization is resulting into rapid adoption of testing procedures, which in turn leads to market growth.

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Rising cases of Hepatitis B, likely to increase the HBsAg Testing Sales

Hepatitis B is an infection of worldwide importance, with a projected of 296 million people living the virus globally, according to the data provided by WHO. In the year 2019, hepatitis led to 820 000 deaths, majorly from complications such as cirrhosis and hepatocellular carcinoma.

The occurrence of hepatitis B is highest in the African and Western Pacific regions where 6.1% and 6.2% respectively of the adults are infected. Hepatitis B can lead to chronic infection and show a high risk of mortality. It is projected that 80-90% of the newborns infected with hepatitis B in first year of life suffer from chronic infections.

There is rise in prevalence of hepatitis B also because of the growing urbanization and environmental changes because of the changing lifestyle. These factors create a lucrative opportunities for hepatitis B diagnostic test manufacturers.

US and Canada HBsAg Testing Market Outlook

United States and Canada lead the HBsAg Testing market. The market is likely to witness significant growth owing to the high prevalence of acute cases of hepatitis B, availability of advanced diagnostic tools and rising awareness regarding hepatitis testing.

The rapid growth in the Canadian market is owing to the initiatives of the non-government and organizations. For example, the Public Health Agency of Canada conducted the World Hepatitis Day with the aim of growing awareness regarding hepatitis diagnosis. Thus, resulting into a demand surge for hepatitis diagnosis in the country.

Europe Demand Outlook for HBsAg Testing

Europe is second lucrative market and is likely to register a remarkable growth owing to the rising cases of hepatitis B infections, increasing diagnostic product launches, and growing healthcare expenditure in the region.

As per the World Health Organization, Hepatitis B is a contagious disease that affected approximately 15 million people in 2019 in the WHO European region. The growing geriatric population is also increasing the demand for hepatitis testing as complications associated with hepatitis worsen with aging.

Who are the Key Manufacturers and Suppliers of HBsAg Testing?

Some of the leading manufacturers and suppliers of HBsAg Testing include

CTK Biotech Inc.
Biopanda Reagents Ltd.
Avecon Healthcare Pvt Ltd.
Abbott
Bio-Rad Laboratories Inc.
Siemens Healthineers
QIAGEN
F. Hoffmann-La Roche AG and others.

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Why Future Market Insights?

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

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

Cognitive Neuroscience Market 2021: Global Industry Analysis, Size, Share, Growth, Trends And Forecast To 2031

According to the latest research by Future Market Insights, Cognitive neuroscience market is set to witness a 4.6% CAGR growth during the year 2021-2031. The market has been a moderately competitive market developing at a rapid rate and is anticipated to observe lucrative growth with rising cases of neurological disorders that include Parkinson’s, Alzheimer’s diseases, and other dementias are projected to drive the market growth.

Also, neuroscience-based initiatives by government bodies, high influencing factors, such as current brain mapping research and investigation ventures, and technological advancements in algorithms and tools that are applied in neuroscience space, are anticipated to propel the market growth.

What is Driving Demand for Cognitive Neuroscience?

The rising number of brain-related disorders and the number of advanced healthcare systems are certain driving factors for the market.

Furthermore, key factor that has accelerated the research studies in this arena is the growth in the number of various malignant CNS disorders such as Parkinsonism and Alzheimer’s disease. As geriatric population is prone to various central nervous systems associated disorders such as schizophrenia, Alzheimer’s, and Parkinsonism, with growth in the older population, this market is anticipated to witness lucrative growth.

Also, constant launch of novel products by major participants in the market to fight several neurological disorders is anticipated to increase Y-O-Y growth of this market.

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Surge in Number of Deaths Due to Neurological Disorders likely to boost the Cognitive Neuroscience Sales

The rising incidents of neurological disorders, which include Parkinson’s, Alzheimer’s, and other brain-related disorders are expected to encourage participants in the cognitive neuroscience market to help combat such disorders. In 2018, over one hundred thousand people died because of Alzheimer’s in the United States.

Also, rising number of neurological disorder cases are expected to increase the number of deaths occurring due to these disorders. Moreover, the government bodies are growing the medical expenditure to support development of medical facilities in neuroscience leading to development of the market.

US and Canada Cognitive Neuroscience Market Outlook

United States and Canada led the Cognitive Neuroscience market. U.S. Cognitive Neuroscience market is anticipated to witness noteworthy growth owing the existence of neuroscience based research organizations as well as availability of advanced healthcare systems.

Moreover, large organizations and many neuroscientists are spreading knowledge and awareness through programs concerning the brain system in government as well public offices. Also, rise in number of deaths associated with neurological disorders is one of the key factors for the development of the market in U.S.

Europe Demand Outlook for Cognitive Neuroscience

Europe is second leading market and is anticipated to register a significant growth because of the growing burden of neurological diseases in Europe and the availability of large manufacturers in the region.

In 2017, as per ‘The burden of neurological diseases in Europe’ report, over a million deaths occurred in the WHO European region due to neurological diseases. It lead towards a high demand for the growth of the cognitive neuroscience market.

Who are the Key Manufacturers and Suppliers of Cognitive Neuroscience?

Some of the leading manufacturers and suppliers of cognitive neuroscience include

Siemens Healthineers
Scientifica Ltd.
Alpha Omega Inc.
GE Healthcare
Biobserve GmbH
NeuroNexus Technology
Laserglow Technologies
Kendall Research Systems LLC and others.

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Why Future Market Insights?

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

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

Heating Pads Market is set to experience 6.5% growth during the year 2021-2031

According to the latest research by Future Market Insights, Heating Pads Market is set to experience 6.5% growth during the year 2021-2031. The growth of veterinary home diagnostics is attributed due to lack of physical exercises, sedentary and changing lifestyle along with increasing prevalence of chronic pain in major parts of the body such as neck, back and knees uplifts the heating pad market.

What is driving Demand for Heating Pads Market?

Due to surge in Changes in lifestyle of people, lack of exercises and prevalence of chronic pain stimulates industrial expansion of heating pads. Moreover, growing number of obese people and individual with sedentary lifestyle is growing across the globe, which further increase the possibility of chronic pain in different part of the body and its treatment with the help of the heating pad.

Growing demand for heating due to lifestyle changes, pain reduction, increased mobility, reducing stiffness and restore flexibility and growing usage of heating pads as they uplift the oxygen flow and nutrients to the muscles which further helps in muscle recovery, these are considered to be some important factors enhancing the market growth of heating pads.

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Heating Pads cannot be used during Pregnancy which Restricts the Market growth of Heating Pads

Every positive aspect has a negative aspect as well, in case of heating pads, these pads cannot be used during pregnancy period and muscle strains which further hampers the market of heating pads over the forecast period. Sometimes, abnormal body thermoregulation is experienced while using heating pads which acts as the major disadvantageous factor offered by heating pads. Moreover, heating pads emit heat which makes them dangerous when used in an inappropriate manner. For instance, a heating pad can get hot as much as 180 degrees which can further cause third degree burns which will require skin grafting.

Heating pads, pose a burning risk for people with diabetes. Therefore, usage of heat therapy immediately aftermath of an injury is restricted. It is due to heat can cause more swelling along with tissue injury.

U.S. and Canada Heating Pads Market Outlook

U.S. and Canada are expected to have the highest share and therefore will dominate the Heating Pads Market. This is due to the increasing and vast population along with prevalence of back and shoulder pain due to long working hours are anticipated to contribute to the speedy development of the heating pad market. Many U.S. brands have formed up various alliances with Chinese ODM/OEM producers, which further makes China a key producer in the heating pad market.

Europe Demand Outlook for Heating Pads Market

The European market for Heating Pads Market is estimated to grow at a considerable rate during the forecast period. This surge in growth is due to the changing lifestyle of people, lack of physical activities increases the demand for heating pads as they are helpful in muscle recovery. Furthermore, growing prevalence of chronic physical pain in the body also upsurges the demand for heating pads in this region. Furthermore, increment in oxygen flow and nutrients to the muscle is also considered to be one of the factor which uplifts the market of heating pads.

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Who are the Key Manufacturers and Suppliers of Veterinary Home Diagnostics?

Some of the key players operating in the Heating Pads Market are

Sunbeam
Carex
Thermalon
Milliard
Nature Creation
Beurer
Drive Medical
Kaz
Walgreens
Beady Heat Therapy
Sunny Bay
PureRelief
BodyMed
Dongguan Yu Xin Electronic
Chattanooga Medical Supply
Thrive
Conair
Dongguan Yongqi

Manufacturers in the market focus on carrying out certain strategic activities such as acquisitions and merger, expansion, product launch, etc.

Heating Pads 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: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Key Segment

By Product Type:

Microwavable Heating Pads
Electric Heating Pads
Chemical Heating Pads

By Application:

Home Use
Medical Use
Commercial Use
Other Use

By End Use:

Homecare
Diagnostic Centres
Hospitals
Clinics
Others

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By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
The Middle East and Africa