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

According to the latest research by Future Market Insights, Connected healthcare market is set to experience 15.6% growth during the year 2021-2031. Due to need for effective communication.

What is driving Demand for Connected healthcare market?

Growth in the incidence rate of injuries in all age groups is one of the major factors driving the growth of connected healthcare market.  Various activities such as trekking and adventure sports further results in abrasion, minor injuries, multiple cuts and wounds on different body parts. In such cases, elastic bandages are use while the treatment procedure takes place.

Moreover, rising count of road accidents has increased significantly worldwide. These accidents can be considered as fatal or non-fatal injury, some of these non-fatal injuries require speedy application of bandages in order to stop any further damage

For instance, according to Stanford children’s health approx. number of around 3.5 million children’s of around 14 years and below get injured while playing sports or doing any adventurous activity

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Elastic Bandages used for upper limbs and lowers is likely to augment connected healthcare market. 

For lower limbs, the elastic bandages are used for the treatment of hairline fracture, joint dislocation, cure factures, ankle sprains, orthopaedic procedures, varicose veins, deep cuts, accidental amputations, thigh cramps and muscle pulls. Bandages for lower limbs are majorly used by the athletes and its sales in the market is quite significant during sports season such as Olympics, national games and international games.

For the purpose of upper limbs, bandages are used widely for the treatment of hairline fractures, joint dislocation, acute injuries and swelling, it further offers support to injured soft tissues. They are widely used in cases of elbow figure eight, hand wrist figure eight along with compression dressings.

U.S. and Canada Connected healthcare market Outlook

U.S. and Canada are expected to have the highest share and therefore will dominate the connected healthcare market. This is due to the increasing orthopaedic injuries, upward trend growth rate in the surgeries and prevalence of chronic wounds are further resulting in the growing usage of elastic bandages along with medical tapes in this region.

Europe Demand Outlook for Veterinary Home Diagnostics

The European market for veterinary home diagnostics is estimated to grow at a considerable rate during the forecast period. This surge in growth is due rising geriatric population with venous diseases in this region. Th growing prevalence of deep vein thrombosis, lymphedema and chronic leg ulcers has further significantly increased the use of elastic bands in this region

Moreover, the presence of various key players in this region along with easy availability of elastic bandages is contributing positively towards the market growth. Furthermore, rising awareness of compression therapy, along with the increasing usages of elastic bandages and expansion of various key players in this region uplifts the market growth of elastic bandages in this region.

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

Some of the key players operating in the Connected healthcare market are

  • 3M
  • CardinalHealth
  • Avcor Health Care
  • Tetra Medical Supply Corp
  • Patterson Medical
  • DJO Global
  • Paul Hartmann
  • Medtronic

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  •   Comprehensive analysis on evolving purchase pattern across different geographies
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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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Heating Pads Market Trends, Strong Application Scope, Key Players, Growth Overview and Forecast by 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.

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

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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.

Contact Us:
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Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
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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.

The HBsAg Testing market is competitive, with the presence of a few major players. These global market players compete mainly on the basis of technological developments. Moreover, key players are investing greatly in the research and development to develop rapid and advanced diagnostic products.

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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.

Contact Us:
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Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
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United Arab Emirates
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Functional Electrical stimulation Market 2021: Global Industry Analysis, Size, Share, Growth, Trends And Forecast 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.

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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.

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.

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.

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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

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.

Contact Us:
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Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
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United Arab Emirates
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Interlaminar Device Market Insights with Upcoming Trends Segmentation, Opportunities and Forecast to 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
  • Spine Frontier
  • Amedica Corp.
  • Bioventus
  • Camber Spine Technologies
  • DePuy Synthes
  • Implanet
  • Mazor Robotics
  • Meditech Spine.

The key players adopt growth strategies for product portfolio expansion by designing novel interlaminar device. The companies also have extensive distribution systems for effective sales revenue generation.

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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.

Contact Us:
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
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FTIR Gas Analyzer Market 2021 | Scope of Current and Future Industry 2029

A new market research report by Future Market Insights on the FTIR gas analyzer market includes the global industry analysis for 2014–2018 and opportunity assessment for 2019–2029. The report analyses the FTIR gas analyzer market and provides critical insights for the forecast period of 2019-2029. As per the findings of the report, the global FTIR gas analyzer market is projected to experience significant growth over the forecast period due to multiple driving factors.

The global FTIR gas analyzer market is valued at ~US$ 1 Bn in 2019 and is expected to increase at a CAGR of ~8.0% during the forecast period of 2019-2029. This growth is majorly driven by the increasing usage of FTIR gas analyzers in rapidly expanding end-use industries such as automotive, chemical, agriculture, oil & gas, and research & development, among others.

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ftir gas analyzer market share by region 2018 a pr

While the automobile manufacturers are constantly focusing on production of vehicles with reduced emissions, the chemical industry is ready to touch new heights amid the rise of circular economy. Such factors are envisaged to remain instrumental in the growth of the FTIR gas analyzer market, according to FMI’s analysis.

Lucrative Growth Opportunities in North America & East Asia

Regions such as North America and East Asia are anticipated to hold a prominent FTIR gas analyzer market share in terms of value, finds FMI. Moreover, East Asian countries such as China are likely to offer greater opportunities for FTIR gas analyzer market, on the account of rapidly expanding chemical and automotive industries. Some macro factors such as increasing contribution of the automotive sector towards GDP growth, value-added operation and production, research and development investment, growth of end-use industries, population, and presence of distributors, among others are also playing role in shaping market growth. There are stricter regulations on vehicle emissions for environmental monitoring in East Asian countries, especially in China. Therefore, the demand for FTIR gas analyzers is estimated to increase significantly during the forecast period at a substantial CAGR.

In addition, the analytical testing equipment manufacturing industry of East Asia is gaining significant and positive momentum, which is forecasted to fuel the growth of the FTIR gas analyzer market in East Asia.

Monitoring Vehicle Gas Emission to Comply with Legal Norms

The automotive space is rolling out the red carpet for FTIR gas analyzers on grounds of stringent regulations imposed on vehicle emissions. As such, automotive manufacturers are compelled to develop new automobiles complying with the standards specified by administrative authorities. FTIR gas analyzers provide continuous non-destructive synchronous multicomponent assessment of an individual gas stream for vehicle emissions – vital for developing mathematical frameworks and examining new after-treatment methods.

Compact gas cells in FTIR gas analyzers ensure highly dynamic response at a low flow rate with a rapid data sampling rate of 5 Hz. In addition, the cell geometry facilitates swift detection of variations of low gas concentrations. Based on multivariate analysis algorithm, FTIR gas analyzers deliver measurements of the components in undiluted exhaust gas, including ammonia, and methane.

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Rapidly Growing Chemical Industry Boosting Demand

The global market of FTIR gas analyzer has been segmented on the basis of portability, end use, equipment, and regions such as North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East & Africa. The FMI report also includes analysis of developing countries.

  • Based on portability, FTIR gas analyzers are segmented as portable and rack mount. Portable FTIR gas analyzer is expected to hold a majority share, because of ease of application and accessibility.
  • Based on end use, the market is segmented in automotive, chemical, agriculture, oil & gas, research & development, and others. Growing adoption by the oil & gas industry is expected to result in increased market share during the forecast period.
  • Based on equipment, the FTIR gas analyzer market is segmented as high concentration range (up to ppm level) and low concentration range (ppm and ppb level). The low concentration range remains highly preferred among the end users, as compared to the high concentration range.
Key Segment

By Portability

  • Portable
  • Rack Mount

By End Use

  • Automotive
  • Chemical
  • Agriculture
  • Oil & Gas
  • Research & Development
  • Others

By Equipment

  • High Concentration Range (up to ppm level)
  • Low Concentration Level (ppb and ppm level)

By Region

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

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In-circuit Tester Market 2021 Outlook, Current and Future Industry Landscape Analysis 2031

Increasing investment in the research and development (R&D) activities within automotive industry is driving the global in-circuit tester market. As per a new study by Future Market Insights (FMI), the global in-circuit tester market is estimated to be valued at ~US$ 1.06 Bn in 2021.

The COVID-19 pandemic crisis has severely affected the growth. It caused significant disruptions in manufacturing activities and supply chain networks, subsequently affecting the in-circuit tester market. However, the market is expected to recover as the economic activities resume post the containment of pandemic.

In-circuit tester market is likely to grow at a moderate pace during 2021-2031. It is expected to gain from increasing applications across various end-use industries. With manufacturers emphasizing on developing advanced testing equipment, industries are likely to benefit from improved life cycle and durability of in-circuit testers.

Application in automotive electronics is poised to surge in the coming years. With automotive production gradually getting back on track, sales in the sector are expected to pick up. Subsequently, the demand for in-circuit tester will increase as the sector aims at keeping pace with dynamic consumer preference.

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Key Takeaways from In-Circuit Tester Market Study

  • FMI has forecast the demand for in-circuit testers to rise at a CAGR of ~4.9% during the forecast period of 2021-2031
  • While the U.S. continues to hold over nearly 70%, the demand from Canada is expected to rise at a higher pace
  • Within Europe, the U.K. will emerge as a key market, exhibiting 5.6% Y-o-Y growth in 2021
  • France and Germany too will continue exhibiting high demand, thanks to expansion of manufacturing activities
  • Within East Asia, China will emerge dominant. Demand from Japan and South Korea will also rise at a positive pace

 “The increasing demand for in-circuit test and boundary scan test solutions from automotive electronics manufacturers is expected to drive the market. Within a moderately consolidated market space, manufacturers are highly concentrated on increasing sales and expanding their distribution networks with the launch of various standards and models of in-circuit testers,” says a FMI analyst.

Rising Focus on Emission-control Enabling Growth

Expansion of the automotive electronics sector will remain a chief driver as the report. This is primarily attributable to the implementation of stringent emission control regulations. Coupled with this, the increasing demand for improved comfort, efficiency, connectivity, and safety among consumers will boost in-circuit tester applications in automotive electronics manufacturing.

Along with this, the advent of electronic vehicles will bolster growth opportunities for the market. Focus towards achieving zero emission within the automotive industry will emerge as a chief growth driver.

In-Circuit Tester Market Competitive Landscape

The market is moderately consolidated. Some of the key players in the market are Teradyne Inc., Acculogic Inc., Keysight Technologies, Test Research, Inc., SPEA S.p.A, Digitaltest GmbH, Hioki E.E. Corporation, among others. These players are likely to invest in new technologies, and have longstanding relationships with a number of leading end users, giving them an upper hand among their peers.

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Valuable Insight into In-circuit Tester Market

Future Market Insights, in its new report, presents an unbiased analysis of the in-circuit tester, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into the growth witnessed in the market. Based on the in-circuit tester market based on product type (multimode flying probe tester and in-line tester), portability type (benchtop and compact), application (MDA, ICT, and FICT), fixture type (vacuum, pneumatic, and mechanical), mode (semi-automatic and automatic) and end use (automotive electronics, consumer electronics, medical equipment, defense and aerospace electronics, powder generation, storage, and distribution, computer and peripheral devices, and industrial electronics). The market covers North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa as key regional segments.

In-Circuit Tester Market by Category

By Product

  • Multimode Flying Probe Tester
  • In-Line Tester

By Portability

  • Benchtop
  • Compact

By Application

  • MDA
  • ICT
  • FICT

By Fixture

  • Vacuum
  • Pneumatic
  • Mechanical

By Mode

  • Semi-Automatic
  • Automatic

By End-use

  • Automotive Electronics
  • Consumer Electronics
  • Medical Equipment
  • Defense and Aerospace Electronics
  • Power Generation, Storage and Distribution
  • Network and Communications
  • Computers and Peripheral Devices
  • Industrial Electronics

By Region

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • Middle East & Africa

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Key Questions Answered in the Report

Which is the key in-circuit tester application?

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Blood Gas Analyzers Market Expectations and Growth Trends Highlighted Until 2028

The Blood Gas Analyzers are the equipments used in situations such as blood vessel hemorrhage, diabetes, drug overdose and shock for testing numerous factors including hydrogen ion, oxygen concentration, partial pressure of oxygen and carbon dioxide, and electrolytes. Also, the Blood Gas Analyzers are used to determine factors of combinations of metabolites, pH, blood gas, and electrolytes from whole blood samples.

Moreover, increasing number of patients being treated in NICUs, emergency departments, and ICUs is increasing the need of Blood Gas Analyzers. Similarly, growing number of patients suffering from cancer and chronic diseases, efficiently fuelling the growth of the Blood Gas Analyzers market. Furthermore, progresses in Blood Gas Analyzers, and growing number of product approvals are significant factors boosting the growth of the Blood Gas Analyzers Market.

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Blood Gas Analyzers Market: Competitive Landscape

Some of the prominent key players in the Global Blood Gas Analyzers Market are Siemens, Abbott Laboratories, Medica, Inc., Roche, Erba, Roche Diagnostics, Nova stat, Bayer, Samsung Medison, Radiometer Medical, Edan Instruments, OPTI Medical systems Inc., Convergent Technologies, Dalko Diagnostics Alere Medical, Accurex, and.

Blood Gas Analyzers Market: Segmentation

The Global Blood Gas Analyzers Market has been segmented on the basis of modularity, end use, and region.

Segmentation on the basis of modularity:

  • Portable
  • Bench-top

Segmentation on the basis of end use:

  • Hospitals
  • Clinics
  • Diagnostic Centers
  • Ambulatory Surgical Centers
  • Educational Institutes

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Ellipsometer Market Latest Advancements and Business Opportunities 2028

Ellipsometer Market: Overview
Materials such as films, are available in varied thicknesses. While thick films can be easily measured using varied devices, thin films are much more challenging to measure. Ellipsometer is a type of testing equipment that is used to measure and analyze thin films. The application of an ellipsometer in measuring the thickness and refractive index of thin films is increasing rapidly. Hence, the demand for ellipsometers is expected to increase significantly. Manufacturers are focusing on product innovation to deliver an industry compliant product and improve the accuracy of ellipsometers. One of the key applications of an ellipsometer is in the semiconductor industry as it is used for measuring a thin layer of SiO2 on a silicon wafer throughout production. The demand for ellipsometers is expected to be driven by the availability of different types of ellipsometers which are application specific and more accurate. The leading manufacturers of ellipsometers are focusing on the addition of technological advancements in their products to improve the performance and add automation to ellipsometers. For example, J.A. Woollam offers M-2000 Ellipsometer. This is automated in nature and can accommodate wafers up to 200mm. After considering such parameters, the market is expected to witness significant growth over the forecast period.

Ellipsometer Market: Drivers and Restraints

One of the prime factors fuelling the growth of the ellipsometer market is that this device can measure the refractive index as well as a thickness of thin transparent films to the lowest possible unit such as 1nm. This factor is creating a unique position for ellipsometers in the global market. The increasing popularity of ellipsometry, a technique used to perform optical measurement, is ultimately fueling the demand as an ellipsometer is used in ellipsometry. The increasing demand for optical measurement in industries for production and development due to its non-invasive nature is another factor driving the growth of the ellipsometer market. The users can customize the ellipsometer as per their requirements by altering some parameters such as the position of points, reflectivity of a tube, number of points, and others. The adoption of ellipsometers is increasing in industrial applications due to its unique features such as fast speed for analysis, compact size, lightweight, and others. The factors mentioned above are some of the key factors which are expected to drive the ellipsometer market. On the other hand, lower adoption rate and high prices are some of the challenges hindering the growth of the market.

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Ellipsometer Market: Segmentation

  • The global ellipsometer market is segmented on the basis of equipment type and application.
  • Segmentation Based on Equipment Type
  • On the basis of equipment type, the market is segmented into laser and spectroscopic.
  • Segmentation Based on Application
  • On the basis of application, the market is segmented into semiconductor, surface chemistry, pharmaceutical and biotechnology, and others.

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Ellipsometer Market: Key Players

Some of the leading manufacturers of ellipsometers include Film Sense, HORIBA, Falex Corporation, Optosense, J.A. Woollam Co., Gaertner scientific corporation, Accurian GmBH, SENTECH Instruments GmbH, Angstrom Sun Technologies Inc., Semilab, and others. These leading manufacturers of ellipsometers are performing constant research and development to improve the accuracy and application areas of ellipsometers. The application in metallurgical industry is one of the ultimate factors fuelling the need for an ellipsometer.

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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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Fiber to the x (FTTx) Tester Market – Future Scenario, Key Insights, Top Companies 2028

Gigabit products and 4k TV are fuelling the FTTx tester market. FTTx and FTTx tester are supplier-driven market. Companies are launching multiple innovative products using FTTx, which, in turn, creates the demand for FTTx tester. Multiple gigabit products were launched in the last few years using fiber. In Singapore, FTTx has been available since 2012. Still not much commercial push or demand from the customers was witnessed. In 2014, two companies, MyRepublic and MI, launched gigabit broadband. This new launch, in turn, caused two other players, StarHub and SinTel, to respond with equivalent gigabit broadband products. Now, the market in Singapore is moving towards multi-gigabit products. These continuous development is expected to fuel the global FTTx tester market during the forecast period.

Vendors offer various FTTx tester such as optical time domain reflect meters, fiber identifiers, loss testing kits, fault locator, inspection & cleaning, and others. Several developments in fiber technology, with reference to FTTx, along with the proliferating growth rate of the market, along with the recent developments and innovations in FTTx tester are expected to drive the global FTTx tester market significantly during the forecast period.

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FTTx Tester: Market Dynamics

The increasing demand for high speed internet connection, IPTV, over-the-top services, communication services, and others are significantly driving the global FTTx tester market. The increasing adoption of fiber is one of the prominent factor for the growth of global FTTx tester market. Other factor such as continuous improvement in communication technology, advancement in IT infrastructure, and others are expected to fuel the growth of global FTTx tester market during the forecast period.

The challenges associated with the growth of FTTx tester market is limited availability of supporting infrastructure in developing countries and moderate demand from customer end in these developing regions are expected to restrain the FTTx tester market growth during the forecast period.

FTTx Tester: Market Segmentation

FTTx tester market can be segment based on the deployment of FTTx:

  • Fiber-to-the-home (FTTH)
  • Fiber-to-the-premise (FTTP)
  • Fiber-to-the-node (FTTN)
  • Fiber-to-the-building (FTTB)
  • Fiber-to-the-cabinet (FTTC)

FTTx tester market can be segment based on the network:

  • Active Optical Network
  • Passive Optical Network

FTTx tester market can be segment based on the application:

  • OTDRs
  • Inspection and cleaning
  • Fault locators
  • Fiber identifiers
  • Loss testing kits
  • Others

FTTx Tester: Key Players

Currently, the market is considerably competitive, with continuous product and technology developments by established as well as new players. Some of the key players in the FTTx tester market are AFL, AD-net Technology Co., LTD., Anritsu, EXFO Inc., Kingfisher International, VeEX Inc., 3 EDGE GmbH, SHANGHAI TARLUZ TELECOM TECH. CO., LTD, and others.

FTTx Tester: Regional Overview The North America is expected to hold a maximum market share in the global FTTx tester because of the technological advancements and high adoption of FTTx . Europe is expected to follow North America, and Asia Pacific is expected to grow at a considerably faster rate, during the forecast period due to the continuous developments in infrastructure and technology advancements.

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.

Contact:
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