Diabetic Macular Edema Market Key Players – Novartis AG, Bayer AG, Allergan Plc., F. Hoffman-La Roche Ltd., Alimera Sciences Inc.

The global diabetic macular edema (DME) market is projected to register a sluggish expansion at 1.1% CAGR through 2027, according to a report by Future Market Insights (FMI). The report estimates the market to reach US$ 3710.2 Mn in 2017; by 2027 this number is expected to surpass US$ 4,000 Mn.

An Uptake of Intravitreal Implants by Patients to Drive Growth of the Market in North America

North America will remain dominant in the global diabetic macular edema market. An uptake of intravitreal implants by new as well as existing patients, who do not show any improvement post-treatment with intravitreal injections, is expected to sustain growth of the market in this region.

Although control of diabetes is a health priority in developed North American countries, such as the U.S., less attention is given to DME management, with diabetes-related caregivers tending to focus on treatment of diabetic complications. A major reason behind this is lack of effective treatment for DME in North America. In addition, an error exists between industry sponsored and independently run clinical trials. Most of the independent clinical trials for DME treatment lack long-term results pertaining to safety and efficacy of new combination therapies for DME. These factors are likely to inhibit growth of the market in North America.

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Diabetic Macular Edema Market in Western Europe to Register the Highest CAGR through 2027

The diabetic macular edema market in Western Europe is expected to register a comparatively higher CAGR than other region segments through 2027. Pharmaceutical companies in this region are making substantial investments in research and development, new technologies, and infrastructure in order to capture a market share in the surging burden of eye diseases. This is expected to retain growth of the market in Western Europe.

However, patients in Western Europe resist the intake of intravitreal injections of anti-VEGF drugs, which leads to an instant increase in intraocular pressure causing severe pain in the head or eyes. This a major factor impeding growth of the diabetic macular edema market in Western Europe.

Anti-VEGF will Remain Preferred Product in the Global Diabetic Macular Edema Market

Anti-VEGF will remain preferred product in the market, with sales estimated to expand at 1% CAGR through 2027. Eylea will continue to be the most lucrative anti-VEGF drug in the market. However, demand for corticosteroids will remain comparatively lower than anti-VEGF during the forecast period.

By product form, intravitreal injections will continue to be sought-after in the market, with sales poised to surpass US$ 4,000 Mn by 2027-end. Sales of intravitreal implants will register a comparatively higher CAGR than intravitreal injections through 2027.

Hospital pharmacy is estimated to remain the largest distribution channel in the market, as majority of countries across the globe dispense intravitreal injections and implants to outpatients by hospital pharmacies. Retail pharmacy, which mainly provides aliquots of off-label indications such as Avastin prescription, will register a comparatively low CAGR than hospital pharmacy in the market through 2027.

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Key market players identified in FMI’s report include:

  • Novartis AG,
  • Bayer AG,
  • Allergan Plc., F.
  • Hoffman-La Roche Ltd.,
  • Alimera Sciences Inc.,
  • Valeant Pharmaceuticals International, Inc. (Bausch & Lomb Inc.)

Key Segment

By Therapy Type

  • Anti-VEGF
    • Ranibizumab (Lucentis)
    • Afilbercept (Eylea)
  • Corticosteroids
    • Fluocinolone Acetonide (Iluvien)
    • Dexamethasone (Ozurdex)
  • Other Off-label Drugs (Triamcinolone Acetonide, Bevacizumab and Pegaptanib)

By Product Form

  • Intravitreal Injections
  • Intravitreal Implants

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By Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Others

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • MEA

The Packaging Barrier Films Market Is Anticipated To Surpass A Valuation Of US$ 13 Bn By The Conclusion Of The Assessment Period In 2027

The  packaging barrier films market  is expected to face a number of challenges owing to the coronavirus pandemic as costs of labor, raw materials, power, and transport has increased. On the other hand, while demand for packaging barrier films has fallen marginally, many countries have designated packaging films as essential items, which has proven useful to sustain operations throughout the crisis period.

“Stand-up pouches made from barrier films are rapidly replacing plastic and glass packaging alternatives owing to lower costs and higher convenience levels. Further, packaging barrier films use lesser materials and are lighter than rigid packaging options, thereby boosting adoption and revenues, ”says the FMI analyst.

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Packaging Barrier Films – Key Takeaways

  • Pharmaceutical applications are anticipated to contribute significantly to revenues, driven by higher investments in healthcare and drug formulations that require protection from contaminants.
  • PET based packaging films are highly sought after owing to superior barrier characteristics against oxygen and water vapor.
  • Asia Pacific is displaying high production and consumption of packaging barrier films owing to extensive pharma and processed food packaging applications.

Packaging Barrier Films – Driving Factors

  • Niche applications of barrier films in packaging of electronic items such as OLED and photovoltaic material generates lucrative opportunities.
  • Cost benefits for end user industries in logistics and material costs are a key factor that drive the adoption of packaging barrier films.

Packaging Barrier Films – Key Constraints

  • Environmental concerns associated with the production and disposal of conventional packaging barrier films hurt market prospects.
  • Lack of adequate recycling facilities and technologies for flexible packaging formats hold back market growth.

The Anticipated Impact of Coronavirus

The coronavirus pandemic will negatively impact the packaging barrier films market owing to high production costs from fluctuating raw material supplies, and shortage of manpower. In addition, the lockdown has caused suspension of production, and disrupted supply chains in the short term. However, the designation of barrier packaging films as essential items, and applications in FMCG sector will help players to sustain operations and partially cut losses during the crisis period.

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Competition Landscape

Leading players in the packaging barrier films market include but are not limited to KOROZO Ambalaj San.ve Tic A.S, Amcor Ltd., VF Verpackungen GmbH, Bemis Company Inc., Lietpak, Uflex Ltd., Flexopack SA, Sealed Air Corp., Sudpack Verpackungen GmbH & Co. KG, Mondi plc, Supravis Group SA, and Huhtamaki Oyj.

Manufacturers are primarily pushing for circular economy initiatives to set up recycling facilities and developing recyclable or biodegradable packaging barrier film options, to bolster portfolios and meet consumer bias towards eco-friendly products.

For instance, Mondi plc has collaborated with Hutthaler for the development of a completely recyclable, mono-material, thermoforming barrier film for meat packaging applications. Innovia Films has collaborated with Wildcorn for fully recyclable packaging barrier film pouches for its popcorn products. So, Amcor Ltd. has unveiled AmLite, a polyolefin, ultra-recyclable packaging film for food, personal care, and pharma packaging applications.

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Speech Generating Devices Market Insights, Deep Analysis of Key Vendor in the Industry 2022-2027

Speech generating device are the electronic device which allow the user to select the message which to be spoken aloud. Speech generating devices are also known as voice output communication aids. Speech generating devices help individual users with limited verbal interaction ability to communicate effectively and in an easy way. Development of the prototype of Speech generating devices was noted from mid-1970. Over period of time many technology advancements are taken place in electronic technology to make the devices more user interactive and portable.

For instance, in March,2013 Lingraphica has launched MiniTalk speech generating device that has 7-inch screen for people with Aphasia and Apraxia speech, this device have 7,00 graphic icons, words and others features.Currently, the speech generating devices are present in many variants based on the levels of physical, cognitive abilities, symbol system, eye tracking system, text based, and tongue switches.

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Speech Generating Devices Market:Drivers and Restraints

Speech generating devices market is mainly driven by user friendly devices and technology advancements by the manufacturers. Companies are focusing on the touch screen devices to navigate them easily. In addition to that, they can be connected to various versions of smart phone as of Android and iPhone. Owing to its portable in nature, it is gaining traction from various speech related disorder patients creates significant opportunities to the speech generating device manufacturers. According to NIDCD (National Institute on Deafness and Other Communication Disorders), it was estimated that approx. 7.5 million U.S population have trouble in their voices. As of restraints, the market of speech generating devices are having very low penetration and high cost of speech generating devices might hamper the growth of the market over the forecast period.

Speech Generating Devices Market: Overview

Speech generating devices market is still in nascent stage. Currently very few players are operating in this segment. Active funding by government organizations to manufacturers to develop new products in low cost to make the devices affordable to the patients. Furthermore, favorable government reimbursement policies is also expected to contribute the growth of the market. For instance, the U.S. Medicare, and Medicaid Services provides reimbursement for evaluation and therapeutic services for the speech generating devices due to that speech generating devices might have a positive growth over the forecast period. Medicare CPT Code 92607, 92608, and 92609 are coded for speech generating devices.  Under CPT code 92609 – Therapeutic services for the use of speech-generating device, including programming and modification gets reimbursement of US$ 111.97.

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Speech Generating Devices Market: Region-wise Outlook

On the basis of region, Speech Generating Devices Market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, Middle East and Africa. North America have the major market share in the global market due to awareness of the speech generating devices in the region. Furthermore, government is providing speech generating devices to the students via school.

Europe is expected to grow over the forecast period due to increase in speech related disorders in the region. For instance, in Europe over 2.0 million of population suffering from speech disorders.

Speech Generating Devices Market:Key Players

Some of the players in speech generating devices are AMDi, Tobii Dynavox, Prentke Romich Company, TOBY CHURCHILL Limited, Lingraphica, and Tobii AB

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

The report covers exhaustive analysis on:

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

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Speech Generating Devices Market: Segmentation

Speech generating devices market segmentation based on:

Based on Display Type:

  • Fixed display device
  • Dynamic display device

Based on Outcome:

  • Digitized speech
  • Synthesized speech

Based on disorder types:

  • Aphasia
  • Apraxia

Based on Distribution Channels:

  • E-commerce
  • Hospital
  • Clinics

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

Oscillating Positive Expiratory Pressure (OPEP) Devices Market expected to increase at a CAGR of ~5% during 2029

A new market research report by Future Market Insights (FMI) on the oscillating positive expiratory pressure (OPEP) devices market includes global industry analysis 2014–2018 and opportunity assessment  2019–2029.. According to report findings, the global oscillating positive expiratory pressure devices market was valued ~US$ 100.0 Mn in 2018, and is expected to increase at a CAGR of ~5% during the forecast period of 2019 and 2029.

The study opines that the global OPEP devices market is projected to witness significant growth over the forecast period due to multiple driving factors such as increasing regional availability of the oscillating positive expiratory pressure devices. The promising growth prospects are attributed to the innovative approach followed by manufacturers in designing devices, and the increasing adoption of OPEP devices among patients with respiratory diseases.

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Regions such as North America and Europe are expected to hold a prominent market share in terms of value. However, the East Asia market is expected to project lucrative growth in the global oscillating positive expiratory pressure devices market in the forecast period of 2019-2029. This growth is majorly propelled by increasing regional manufacturers resulting in increased product availability at affordable costs.

Furthermore, prevalence of chronic obstructive pulmonary diseases (COPD) is on the rise due to increasing smoking population in China and aging population in Japan with respiratory disorders. Although, low awareness about oscillating positive expiratory pressure devices among healthcare professionals and patients is hampering the potential growth of the oscillating positive expiratory pressure devices market.

The demand for airway clearance devices such as OPEP device are receiving significant impetus from the rising prevalence of cystic fibrosis and chronic obstructive pulmonary disease (COPD). According to the World Health Organization, COPD exacerbations are major events in the history of the disease, related mortality and disability will continue to increase worldwide until the next years, thereby potentially raising the demand for OPEP devices.

High-income Regions Present High Sales Opportunities

Amid the incessant rise of pollution level and rapidly changing lifestyles, respiratory disorders are growing in prevalence across the globe, creating constant demand for mucus clearing devices such as OPEP devices. High-income regions such as North America and Europe continue to be in the vanguard of the OPEP devices market, in the view of greater awareness among patients, advanced healthcare facilities, and strong presence of market players.

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As the level of awareness of such devices are relatively low in mid- and low-income regions, market stakeholders are preparing for strategic collaborations and partnerships to enhance their distribution channels

OPEP Devices Market: Vendor Insights

The report highlights some of the prominent market players, who have established themselves as leaders in the global oscillating positive expiratory pressure devices market. Some of the prominent key players in the global OPEP devices market are Smiths Medical Inc., Allergan plc, PARI GmbH, Monaghan Medical Corporation, Trudell Medical International, Actegy Health Ltd., WyMedical Pty Ltd, R. Cegla GmbH & Co. KG, etc.

The global oscillating positive expiratory pressure devices market is significantly consolidated, with top two players holding prominent shares in the market revenues. These players are offering oscillating positive expiratory pressure devices under their popular brands such as Portex®, Flutter®, and Aerobika®, among others.

Increasing Respiratory Diseases Generating Demand for OPEP Devices

Respiratory diseases with increased mucus production often require airway clearance therapies, and oscillating positive expiratory pressure devices provide the desired option for such therapies. Other conventional therapies such as chest physical therapy, positive expiratory pressure devices, and bronchodilators often provide limited relief from coughing with low mucus excretion.

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Respiratory diseases are often linked to increased mucus production. Excessive mucus generation often interferes with the treatment of chronic respiratory diseases such as chronic obstructive pulmonary disease (COPD), cystic fibrosis, asthma, etc. Increasing prevalence of smoking among the general population is the prime cause of respiratory diseases.

Healthcare professionals often look for alternative and comparatively economical ways for the treatment of chronic diseases such as COPD, and oscillating positive expiratory pressure devices provide the exact benefit with airway clearance.

How Growth Will Unfold

Considering an increase in healthcare expenditure per capita in both developed and developing countries, the marketplace of medical devices such as oscillating positive expiratory pressure devices will continue to witness a steady growth. Creating greater awareness among patients and professionals will further add to the advantage of the market players.

Transcranial Doppler Devices Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI

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

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

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Transcranial Doppler Market: Drivers and Restraints

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

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

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

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Transcranial Doppler Market: Overview

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

Transcranial Doppler Market: Region-wise Outlook

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

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

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Transcranial Doppler Market: Key Market Participants

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

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

Report Highlights:

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

Rapid Test Cards Market Key Insights, Profiling Companies and Growth Strategies by 2027

Rapid test cards usually encompass the interface of an immovable reagent of any of the target antigen or antibody that is associated to certain category of detector which later on reacts with the loaded patient sample. Rapid test cards enable a rapid screening of a possibly affected population, and can be applied for various applications to determine the complications leading for infections or pregnancy.

Impact of COVID-19 on the Healthcare Industry

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

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

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

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Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are: Avantor Performance Materials, LLC, NanoEnTek Inc., Chr. Hansen Holding A/S, Oscar Medicare Pvt. Ltd, SRI PHARMACARE, Hicks Thermometers Ltd, recombigen laboratories pvt. Ltd., Anbu Pharmaceuticals, V-KEN HEALTH CARE, Safex Health Care, Avantika Medex Pvt. Ltd., Medicare Products Inc. and Others

Segmentation

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

By Test Type

  • Pregnancy Card Test
  • HIV Card Test
  • HCV Card Test
  • Syphilis Card/Strip Test
  • Troponin-I Card Test
  • Malaria/Dengue card Test
  • Others

By Distribution Channel

  • Home care settings
  • Hospitals
  • Clinics

Product Segmentation

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

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By Regional Analysis Covered

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

Full in-depth analysis of the parent market

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

Important changes in market dynamics

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

Segmentation details of the market

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

Queries Solved

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

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Table of Content

  • Executive Summary
  • Market Overview
  • Key Success Factors
  • Global Rapid Test Cards Market – Pricing Analysis
  • Market Background

Reasons to Buy the report

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

About Future Market Insights (FMI)

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

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Malt Beverages Market Competitor Analysis, Winning Strategies and Growth Drivers 2027

Malt beverage is a fermented drink in which the principal component is the grain, or seed, of the barley plant. The cereals are primarily kept in water for germination; later they are dried, boiled and processed into dry powder. The dry powder is also known as malt which is supplemented with vitamins, minerals, fiber and protein for adding nutritional value. Malt contains half sweet as normal sugar and generally used as a healthier alternative sweetener. Malted Beverage has gained remarkable popularity in last few years across the globe. Malt beverage market in recent years has surged in sales of non-alcoholic malt beverages, mainly due to refined taste and the wider choice of flavors as well as the growing health concerns associated with sugar drinks.

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Malt beverages have gained broad consumer preferences over the years as the key stakeholders are offering the variety of products. The malt beverage products provide functional health benefits promote wellbeing and indulgence. Malt beverage market is projected to grow at a CAGR of more than 10% for next five years.

Malt beverage market is expected to show healthy CAGR in the next four to five years. Major drivers that promote the growth of the malt beverages market increase in health conscious consumers coupled with rising consumer preferences for organic malt in the beverages. The breweries are focusing on using organic malt in beer. Rising prices of malt beverages in coming years is a major restraining factor expected to slow down the current growth trends

Malt Beverages Market Segmentation

Malt beverages market can be segmented by product type, by application, and by regions. By product type, malt beverages market is segmented as flavored, and unflavored. The flavored products segment is further segmented into apple, peach, lemon, pomegranate, raspberry, strawberry and pineapple. Furthermore, by application, the malt beverages market is segmented as alcoholic beverages and non-alcoholic beverages. Region further segments malt beverage market as, Latin America, North America, Europe, Middle East and Africa and Asia Pacific. In regional segments, Asia-Pacific and North America possess major potential whereas, Europe and other developing markets such as Latin America and MEA possess growth opportunities for growing demand for malt beverages over the forecast period. Malt beverages are gaining popularity in MEA region as people here refrain consuming alcohol beverages for religious reasons, but still, like the aromatic beer. Manufacturers are focusing on tapping the target consumers by supplying varied products of malt beverages.

Malt Beverages Global Market Trends and Market Drivers:

Malt beverage market has been dominantly driven by the huge demand for flavored drinks, especially the growing consumer trend for flavored drinks consumption. The surge currently experienced by the flavored drink industry is the primary factor that is augmenting the demand for malt beverages globally. Flavored drinks are demanded at large scale and are now considered the important part of human wellbeing globally, and are not harmful in comparison to alcoholic drinks. The extended use of malt in the beverage industry, wherein it is used for the variety of flavored products, is further increasing the demand for malt beverages. Additionally, the use of organic malt in making flavored products is also expected to contribute to growth rate during the forecast period. Easy availability of flavored malted beverages in retail shops, supermarket/ hypermarket, and online stores is one of the key drivers of malt beverages market.

Malt Beverages Market Key Players:

Key global market players manufacturing different type of quinoa products include Anheuser-Busch Malt Beverages, Asahi Breweries Malt Beverages, Bavaria Brewery Malt Beverages, Ceres Brewery Malt Beverages, Fayrouz, Coors Brewing Company Malt Beverages, Moussy, Guinness Nigeria Malt Beverages, Nestle SA, and Suntory International Corporation.

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Regional analysis of Malt Beverages Market includes:

  • North America
  • Latin America
  • Europe
  • Asia Pacific & Japan
  • The Middle East and 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.

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.

Curcumin Market will surpass US$ 279.3 Mn by 2031

The global curcumin market size is projected to total US$ 95.6 Mn in 2021. As per Future Market Insights (FMI) analysis, the overall sales of curcumin will surpass US$ 279.3 Mn by 2031. Demand for curcumin is projected to grow by 11.3% CAGR over the forecast period, from 2021 to 2031.

According to the study, curcumin sales represented 3% to 5% of overall curcuminoids market in 2020. Demand for curcumin is likely to soar as consumers across the globe realize the health benefits of curcumin as a functional ingredient.

FMI predicts the U.S., India, Germany, and China to emerge as primary markets for curcumin sales. Of these, the U.S. curcumin market is expected to grow by 9.7% CAGR between 2021 and 2031.

Rising consumer preference for natural personal care products is expected to spur demand for curcumin in the forthcoming years. Increasing awareness about benefits of organic ingredients are compelling manufacturers to use different types of natural ingredients found consumables.

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Harmful effects of toxic ingredients in synthetic personal care products are compelling consumers to opt for greener products. Furthermore, consumers are becoming more informed about benefits of using organic and natural ingredients through various social media platforms.

The use of natural skincare products improves skin texture, tone, and appearance due to the presence of nutrients that are beneficial for skin health. Curcumin extracts are primarily used in skincare products due to their pigmentation inhibition antimicrobial activity and antioxidant capacity, all of which help to prevent various skin diseases.

Increasing  awareness regarding benefits of natural ingredients used in cosmetics and personal care products expected to propel demand for curcumin over the forecast period.

Rising concerns regarding harmful effects of artificial ingredients in food products are spurring demand for clean label food products and ingredients. Consumer dissatisfaction with synthetic food products is compelling food manufacturers to incorporate natural and plant-based ingredients for flavor and color.

Research indicates that tar-based artificial colors, such as erythrosine aluminum lake, brilliant blue aluminum lake, allura red, and sunset yellow, cause cancer, brain tumors, and hypersensitivity in children, and are thus widely criticized for their contents.

“Increasing adoption of curcumin in the packaged food industry as a natural colorant, along with rising demand for curcumin in the personal care and cosmetics industry for its anti-inflammatory benefits will continue augmenting growth of the global curcumin market through 2031,” says an FMI analyst.

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Key Takeaways:

  • The U.S. is estimated to account for more than 79.0% of the North American market in 2021, supported by increased consumption of curcumin-derived protein products.
  • China is estimated to account for over half of sales registered in the East Asia market share in 2021.
  • Germany is expected to dominate the Europe curcumin market, holding 16.3% of the total market share in 2021.
  • India will emerge as an attractive curcumin market, commanding over 45.2% of sales registered in South Asia in 2021.
  • Curcumin applications as an antioxidant are estimated to hold nearly one-third of the total curcumin market share in 2021.

Competitive Landscape

Key players operating in the global curcumin market are focusing on production facility expansion to cater to growing demand for natural and organic ingredients. Apart from this, manufacturers are implementing various strategies such as marketing and promotional activities, strengthening distribution channel and adopting sustainable production to gain a competitive edge.

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Some of the leading companies offering curcumin are BioMax Life Sciences, Herboveda India Pvt Ltd., Hebei Tianxu Biotech Co. Ltd., JIAHERB Inc., Synthetic Industries Ltd., BioThrive Science, Sabinsa Corporation, The Green Labs LLC., WackerChemie AG, Hindustan Mint & Agro Products Pvt Ltd, Helmings Prima Sehejtera P.T, Arjuna Natural Extracts Ltd., SMP Nutra, SV Agrofoods, Star Hi Herbs Pvt Ltd. and others.

Intelligent Packaging Market expected to reach US$ 46.7 Bn by 2031

The intelligent packaging market revenue totaled US$ 17.8 Bn in 2020, according to Future Market Insights. The overall market is expected to reach US$ 46.7 Bn by 2031, expanding at a CAGR of 9.0% for 2021-31.

Worldwide sales of intelligent packaging is expected to grow by 10.5% in 2021. Surging demand for interactive packaging/ data carriers will remain a chief growth driver through the assessment period.

The global intelligent packaging market constituted around 2.0% of the US$ 900 billion worth of global packaging market in 2020 and it is estimated to be above 5% by the end of 2030.

Packaging solutions that are smart, connected, interactive are considered under the umbrella of intelligent packaging. These solutions are designed to perform intelligent functions such as tracing, tracking, recording, detecting, and help in improving the quality of product, providing information, ensuring safety, and increasing product shelf life.

Intelligent packaging is been adopted by various brands among food, beverages, healthcare, cosmetic, logistics & transport, consumer electronics, consumer goods, personal care & home care industries.

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The rising demand for interactive packaging in various end use industries is intended to drive customer engagement. Also, the increasing need for monitoring customer satisfaction and loyalty to gain business opportunity will fuel the demand in the market.

Intelligent packaging solutions allow brands to analyze and monitor the number of customers who scanned QR codes attached to their product. This will help them to gauge prevalent purchase pattern, creating scope for companies to offer a higher degree of customer satisfaction and capitalize on their loyalty.

Packaging has consistently improved in the last few years. Packaging technology has become smarter to  act as a catalyst for improving the shelf life of the packed products. Intelligent packaging is the amalgamation of technology and packaging that offer smarter and more convenient solutions.

Investments in intelligent packaging by food and beverage manufacturers have been aiding the overall expansion of the market. With the ongoing research on nanotechnology and machine learning, the intelligent packaging industry is expected to witness launch of ground-breaking packaging designs.

As per FMI, the food and beverage sector, followed by the healthcare sector are listed as top-tier investors in intelligent packaging technology.

“Intelligent packaging is headed towards providing seamless tracking and tracing, extending shelf life, monitoring and communicating product condition and interacting with the consumer through data-carrying wireless technology. The intelligent packaging market holds immense potential and investment opportunities. It will continue driving consumer engagement in the coming years,” says an FMI analyst.

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Intelligent Packaging Market- Key Takeaways

  • By technology, interactive packaging/ data carriers are expected to attract an investment opportunity of above US$ 13.3 Bn during the research period of 2021-2031 due to improved usage of QR code labels, RFID tracking and product identification barcodes among others.
  • By the level of packaging, primary packaging is expected to observe an incremental growth of 2.5x by 2031.
  • By application, blister packaging is expected to witness a YoY growth of 13.9% in 2021 due to improved usage in the pharmaceutical and healthcare industry.
  • By end-use, more than 1/3rd of the total intelligent packaging market is held by the food and beverage industry, however, the healthcare sector is expected to register a CAGR of 11% during the forecast period.
  • By region, South Asia is expected to attract intelligent packaging investors and the market is expected to account for nearly 13% of the total market share by 2031. However, Europe tops the leaderboard and is expected to showcase high demand for disruptive technologies in the intelligent packaging market.

Impact of COVID-19 on Intelligent Packaging Market

Unlike the majority of industries affected negatively by the outbreak of COVID-19 in 2020, the global pharmaceutical and healthcare sector observed high growth and silent innovations. With the increasing manufacturing of oxygen cylinders to transporting vaccines, intelligent packaging played a vital role in shaping the industry. Intelligent packaging ensured a better product reach and safety of consumers through technologically-embedded labels, tags and cold chain packaging sensors.

The pandemic could be held responsible for the penetration of intelligent packaging in the healthcare and pharmaceutical sectors. However, limited marketing and branding options also encouraged food and beverage manufacturers to smartly advertise their products via packaging. With instruction manual to social message during the pandemic, everything was conveyed through smart packaging to the customers.

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Hence, COVID-19 couldn’t be termed exactly detrimental for the intelligent packaging industry. However, with manufacturers trying to attract customers after the pandemic, intelligent packaging is expected to play a major role in shaping the consumer packaging industry.

Market Landscape

Amcor plc, Crown Holding Inc., 3M Company, CCL Industries Inc., Huhtamaki Global, DS Smith, Avery Dennison Corporation, Honeywell International Inc., Tetra Pak International S.A., Sealed Air Corporation, Stora Enso Oyj, WestRock Company, Ball Corporation and Mondi Plc, among others are some of the intelligent packaging manufacturers in the global market.

Timestrip UK Ltd., Varcode, Ltd., Temptime Corporation, DeltaTrak, Inc., EVIGENCE SENSORS, JRI Company, Vitsab International AB, LAXCEN TECHNOLOGY INC., APK-ID, STARNFC Technologies Ltd. are some of the technology manufacturers in the intelligent packaging market.

Wireless Telecommunication Services Market Key Players, Industry Overview, Applications and Analysis 2027

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Wireless Telecommunication Services Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2027.

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

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Global Wireless Telecommunication Services Market: Competition Landscape

Some of the key players for wireless telecommunication services market are AT&T, Inc., Intelsat SA, Iridium Communications Inc., T-Mobile USA, Inc., NTT DOCOMO Inc., China Mobile Limited, Hawaiian Telcom, Softbank Telecom Corp., U.S. Cellular, New-Cell, Inc. dba Cellcom, and Rogers Communications.

Global Wireless Telecommunication Services Market: Segmentation

Global wireless telecommunication services market can be segmented into services type,application, and regions.

On the basis of services type, global wireless telecommunication services market can be segmented into

  • voice services
  • data services
  • texting services
  • others.

On the basis of application, global telecommunication services market can be segmented into

  • smart homes
  • medical & healthcare
  • hospitality
  • manufacturing
  • automotive & transportation
  • retail (supply chain)
  • agriculture and
  • military & defense.

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Queries Solved

  • What is the size of the overall Wireless Telecommunication Services Market in the Technology Market and its segments?
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  • What are the challenges to the Wireless Telecommunication Services Market in the growth of the Technology Market?
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Market Background                          

Reasons to Buy the report

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