Commercial Insurance Market to Expand at 8.40% CAGR, Reaching US$ 2,094.70 Million by 2034

The global commercial insurance market value is expected to rise from US$ 935 million in 2024 to US$ 2,094.70 million by 2034. This estimated growth is expected to be driven by a promising CAGR of 8.40% in the commercial insurance market over the next decade.

Enterprises are increasingly opting for insurance policies to protect their business from sophisticated scams. Further, rising competitiveness among small and medium-sized businesses, along with increasing commercial insurance providers infiltrating the marketplace, is projected to expand the market.

The presence of a significant count of commercial insurance providers is also uplifting the market conditions due to the availability of insurance policies for all business sizes and types. Moreover, many business owners are adopting commercial insurance based on premiums charged for the policies, as the premiums stay the same throughout the market. Thus accelerating the market growth over the forecast period.

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Industry veterans think highly of artificial intelligence, which is being utilized in commercial insurance. Currently, they expect that artificial intelligence is going to aid insurance professionals with potent tools necessary to bring efficiencies. Thus helping the market advance further.

“Key players are projected to target high-growth segments in the industry. On that score, large enterprise size and liability insurance are on top of their mind, and players are customizing their solutions accordingly. Industry participants are also expected to integrate AI and ML in their operations to streamline their operations and bring efficiencies,” says an analyst of Future Market Insights.

Key Takeaways from the Commercial Insurance Market Report

  • The market expanded at a CAGR of 7.80% from 2019 to 2023. Meanwhile, from 2024 to 2034, the market is projected to expand at a CAGR of 8.40%.
  • The United States liability insurance market is predicted to record a CAGR of 8.20% through 2034.
  • Within Europe, the German liability insurance market is forecast to expand at a CAGR of 8.60% through 2034.
  • The market in China is forecast to register a CAGR of 8.70%, whereas the market in India is projected to register a CAGR of 8.90% through 2034.
  • The Australia liability insurance market is projected to record a CAGR of 9.20% through 2034.
  • By type, the liability insurance is projected to acquire a share of 14.5% in 2024.
  • Based on enterprise size, the large segment is anticipated to obtain a share of 47.90% in 2024.

Industry Players Strategizing for a Larger Pie of the Market

Key players are employing several strategies to up their game in the market. These tactics include expansion of product offerings, collaborations, mergers and acquisitions, agreements, and geographical expansion.

New Developments Shaping the Commercial Insurance Market

  • American International Group Inc. (AIG), in April 2023, completed an agreement with Stone Point. The agreement includes the launch of the Managing General Agency (MG), which has a high net worth. This partnership is projected to optimize the strengths of this business and enhance product offerings to effectively serve High as well as Ultra High Net Worth markets.
  • In July 2023, Allianz is projected to cater to the commercial insurance segment as a default market business. Distribution partners and clients are expected to benefit from a more steady trading approach and comprehensive solutions under a single model.

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Key Market Segments Covered in Global Commercial Insurance Market Report

By Type:

  • Liability Insurance
  • Commercial Motor Insurance
  • Commercial Property Insurance
  • Marine Insurance
  • Others

By Enterprise Size:

  • Large Enterprises
  • Small and Medium-sized Enterprises

By Distribution Channel:

  • Agents and Brokers
  • Direct Response
  • Others

By Industry Vertical:

  • Transportation and Logistics
  • Manufacturing
  • Construction
  • IT and Telecom
  • Healthcare
  • Energy and Utilities
  • Others

By Region:

  • North America
  • Latin America
  • East Asia
  • South Asia and Pacific
  • Western Europe
  • Eastern Europe
  • The Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Microsoft Dynamics Market to Surge: Projected Growth from $10.89 Billion in 2023 to $34.22 Billion by 2033

The global microsoft dynamics market value is expected to reach US$ 10,891.6 million in 2023 and US$ 34,215.8 million by 2033. Demand for Microsoft Dynamic solutions will likely expand at a robust CAGR of 12.2% throughout the forecast period.

Microsoft Dynamics solutions are witnessing higher demand globally, and the trend is expected to continue through 2033. This is due to their ability to optimize business operations, streamline processes, and enhance customer interactions.

The increasing emphasis on digital transformation is a significant growth driver in the market. Businesses are adopting solutions to streamline their operations, gain valuable insights from data analytics, and improve customer engagement.

The growing need to remain competitive in a rapidly evolving business landscape will likely compel industries to employ solutions. This is expected to further boost the target market through 2033.

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The Microsoft Dynamics market presents substantial opportunities for companies to develop and integrate innovative solutions. These opportunities are particularly prevalent in expanding the scope of industry-specific applications, leveraging artificial intelligence (AI) and machine learning, and addressing the growing demand for cloud-based and mobile solutions.

As businesses seek to enhance their operational efficiency and customer-centric strategies, the market provides a fertile ground for innovative developments. Hence, a robust CAGR has been predicted for the global Microsoft Dynamics market.

A prominent trend in the Microsoft Dynamics market is the integration of artificial intelligence (AI) and machine learning. Adoption of these advanced technologies can enhance data analytics, automation, and predictive capabilities.

Another emerging trend is the expansion of industry-specific applications, offering tailored solutions for diverse sectors. Further, the market is witnessing a shift towards cloud-based and mobile solutions, reflecting the growing need for flexibility and remote accessibility in today’s business environment.

High initial implementation costs and the need for skilled professionals to effectively deploy and manage these solutions are key factors limiting market expansion. Similarly, ensuring data security and compliance with ever-evolving regulations can be challenging. Businesses must navigate these complexities to maximize the benefits of Microsoft Dynamics solutions.

 Key Takeaways from the Microsoft Dynamics Market Report:

  • The global Microsoft Dynamics market is estimated to total US$ 10,891.6 million in 2023.
  • Based on the solution, the Microsoft Dynamics 365 platform segment is set to hold a market share of 9% in 2033.
  • By module, the procurement segment is projected to rise with a CAGR of 2%.
  • Based on enterprise size, the medium-sized enterprise segment is set to thrive at a CAGR of 1% from 2023 to 2033.
  • The United States Microsoft Dynamics market value is predicted to total US$ 7,480.1 million by 2033.
  • Germany is set to register a CAGR of 4% through 2033.
  • France will likely exhibit a CAGR of 2% during the assessment period.
  • Demand in Mexico is predicted to expand at a CAGR of 14.7% through 2033.

“The study reveals a robust growth trajectory in the Microsoft Dynamics market, driven by cutting-edge technologies’ continuous innovation and integration. The comprehensive analysis underscores the market’s resilience and its pivotal role in empowering businesses with scalable and agile solutions it anticipates sustained expansion in the market as organizations increasingly recognize its transformative capabilities in optimizing operational efficiency and enhancing overall business performance.” – says Sudip Saha, Managing Director and Co-Founder at Future Market Insights.

Competitive Landscape:

Established players leverage their brand recognition and extensive customer bases, while newer entrants focus on innovation and specialization. Partnerships and collaborations are common, with companies seeking to enhance the functionality of their solutions.

A growing emphasis on cloud-based and mobile solutions is influencing the competitive landscape. Overall, competition in the Microsoft dynamics industry is marked by a focus on product innovation, customization, and partnerships to meet the evolving demands of businesses in various sectors.

Recent Developments in the Microsoft Dynamics Market:

  • In October 2023, a wave of new AI-powered capabilities for Dynamics 365 and Power Platform was introduced by Microsoft.

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More Insights Available into the Microsoft Dynamics Market:

In its new offering, Future Market Insights (FMI) presents an unbiased analysis of the Microsoft Dynamics market, presenting historical data (2018 to 2022) and forecast statistics for 2023 to 2033. The study reveals growth projections based on solution, access type, module, enterprise size, industry, and region.

Microsoft Dynamics Market Segmentation:

By Solution:

  • Microsoft Dynamics 365 Platform
  • Microsoft Dynamics Services
    • Dynamics 365 Consulting
    • Dynamics 365 Customization
    • Dynamics 365 Implementation
    • Dynamics 365 Integration
    • Dynamics 365 Migration
    • Dynamics 365 Maintenance and Support

By Module:

  • Finance & Accounting
  • Human Capital Management
  • Supply Chain Management
  • Customer Relationship Management
  • Sales & Marketing
  • Procurement
  • Inventory Management
  • Others

By Access Type:

  • System-based ERP
  • Mobile ERP

By Enterprise Size:

  • Small Offices (1 to 9 employees)
  • Small Enterprises (10 to 99 employees)
  • Medium-sized Enterprise (100 to 499 employees)
  • Large Enterprises (500 to 999 employees)
  • Very Large Enterprises (1,000+ employees)

By Industry:

  • Finance
    • Banking
    • Insurance
    • Investment/Securities
  • Manufacturing & Resources
    • Discrete Manufacturing
    • Process Manufacturing
    • Resource Industries
    • Agriculture
  • Distribution Services
    • Retail
    • Wholesales
    • Transportation /Logistics Services
    • Warehousing & Storage
    • Shipping
  • Services
    • IT/Professional Services
    • Consumer & Personal Services
    • Media, Entertainment & Publishing
    • Travel & Hospitality
    • Legal Services
  • Public Sector
    • Government (State/Central)
    • Education
    • Healthcare
    • Aerospace & Defense
    • Non-profit
  • Infrastructure
    • Telecommunication
    • Energy & Utilities
    • Building & Construction

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Acetaminophen Market to Reach USD 15.2 Billion by 2033 at a 4.2% of CAGR

Global Acetaminophen Market
Global Acetaminophen Market

The global acetaminophen market is on track for substantial growth, with a valuation of USD 9.8 billion at the end of 2022. According to a recent study by Future Market Insights, the market is expected to expand at a Compound Annual Growth Rate (CAGR) of 4.2%, reaching approximately USD 15.2 billion by 2033.

Acetaminophen, a widely used analgesic and antipyretic, continues to dominate the over-the-counter medication landscape. The study reveals that the oral route of administration leads the market, capturing around 92.4% of the global market share in 2022. This preference highlights the effectiveness and convenience of oral acetaminophen in managing pain and fever.

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Global Health Issues:

The field of pain management is intricately linked to worldwide health issues, particularly the profound effects of cancer. Given that 19.3 million people would be impacted by cancer globally in 2020, the National Cancer Institute’s finding that 20% to 50% of cancer patients experience pain highlights how important efficient analgesics are. The aging population is expected to add 21.7 million more cancer cases globally by 2030, increasing the need for trustworthy pain management treatments.

After-Opioid Epidemic Transition:

In the aftermath of the USA opioid epidemic, nations worldwide are recalibrating their approach to opioid prescribing. Governments in industrialized nations are championing the adoption of non-opioid analgesics, presenting a unique opportunity for businesses to pioneer cutting-edge non-opioid medications.

Key Takeaways:

  • Based on product type, the acetaminophen segment is projected to growt at a 4.1% CAGR through 2031.
  • The oral route of administration segment accounted for 92.4% of the total market share in 2021.
  • In terms of sales type, the OTC (over the counter) segment accounted for 91.6% of the global market share in 2021.
  • Sales through retail pharmacies will continue gaining traction. In 2021, the segment accounted for 28.5% of the total market share.
  • North America held the largest share of 33.0% of the global acetaminophen market in 2021, and the trend is expected to continue over the assessment period.

“Growing demand for self-aid and cost-effective OTC pain relievers, along with increasing usage of acetaminophen as the first line of treatment for pain management are the key factors projected to drive the market in the forthcoming years,” says the FMI analyst.

Competition Landscape:

Leading players operating in the global acetaminophen market are Abbott, Janssen Pharmaceuticals, Inc. [Johnson & Johnson], Bristol-Myers Squibb and Company, Cardinal Health Inc., Viatris, Procter & Gamble Company, Sanofi, Novartis AG, Bayer AG, Teva Pharmaceutical Industries Ltd, Perrigo Company, Mallinckrodt Pharmaceuticals, Glaxo SmithKline Pharmaceuticals Ltd, Sun Pharmaceutical Industries Ltd, and Sun Pharmaceutical Industries Ltd.

Some of the leading companies of the acetaminophen market are focusing on product launch collaboration and partnership strategies for global expansion objectives, thereby, enhancing their market presence. For instance:

  • Johnson & Johnson, In March 2020,  announced that it will be boosting up production of its flagship product Tylenol which is an over-the-counter pain killer
  • GlaxoSmithKline, In February 2020 was approval by the Food and Drug Administration for Advil Dual Action, with acetaminophen as an over-the-counter (OTC) product for pain relief.

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Key Companies Profiled:

  • Pfizer Inc.
  • Sanofi
  • Janssen Pharmaceuticals.
  • Bayer AG
  • GlaxoSmithKline plc
  • Bristol-Myers Squibb and Company
  • Teva Pharmaceutical Industries Ltd
  • Cardinal Health Inc.
  • Perrigo Company.
  • Novartis AG
  • Sun Pharmaceutical Industries Ltd
  • Abbott
  • Mallinckrodt Pharmaceuticals
  • Procter & Gamble Company

Key Market Segments Covered in Acetaminophen Drugs Industry Research:

By Product:

  • Acetaminophen
  • Acetaminophen with Opioids
  • Others

By Route of Administration:

  • Oral
  • Injectable
  • Others

By Sales:

  • OTC (Over-the-counter)
  • Rx (Prescription)

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Stores
  • E-commerce
  • Others

By Region:

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

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Enteral Feeding Devices Market Expected to Reach USD 4.1 Billion by 2033 at a 4.0% of CAGR

Enteral Feeding Devices
Global Enteral Feeding Devices Market

The global enteral feeding devices market is projected to experience steady growth over the next decade. Valued at USD 2.8 billion in 2023, the market is anticipated to expand at an average Compound Annual Growth Rate (CAGR) of 4.0%, reaching approximately USD 4.1 billion by 2033.

Enteral feeding devices, which are critical for delivering nutrition to patients who cannot consume food orally, are increasingly in demand due to the rising prevalence of chronic diseases, an aging population, and the growing need for home healthcare solutions. The market’s steady growth is supported by advancements in medical technology and increasing awareness about the benefits of enteral nutrition.

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The promising future of the enteral feeding device market highlights its vital function in the healthcare industry in providing for the nutritional requirements of patients unable to swallow food. With consistent expansion and ongoing innovation, the industry is poised to significantly advance patient care across the globe.

Key Takeaways:

  • Market Growth: The enteral feeding devices market is projected to grow at a CAGR of 4.0% from 2023 to 2033.
  • Current and Future Valuation: The market holds a current valuation of US$ 2.8 billion in 2023 and is expected to reach US$ 4.1 billion by 2033.
  • Driving Factors: Key drivers of this growth include rising incidences of chronic diseases, technological advancements in medical devices, and an aging global population necessitating increased nutritional support.
  • Market Dynamics: The market dynamics are influenced by healthcare providers’ increasing focus on homecare settings, enhancing patient comfort and reducing hospital stays.

Enteral Feeding Devices Market — Regional Analysis

  • North America and Europe are expected to cumulatively account for nearly 70% of overall market value, with the former holding 40% of the share.
  • The dominance of these regions is attributed to favorable medical policies and the strong presence of market players.
  • Asia Pacific is forecasted to register tremendous growth on the back of rising healthcare expenditure, the presence of a large patient pool, and a burgeoning number of preterm births.

Enteral Feeding Devices Market — Competitive Landscape

Major market players operating in the market include ICU Medical, Boston Scientific Corporation, Fresenius Kabi, Abbott Laboratories, Cook Medical, Cardinal Health, Inc., Becton Dickinson & Company, and Dynarex Corporation among others. Market players are focusing on developing innovative products with low weight to increase portability.

On these lines, Infinity Feeding Pumps launched the Zevex EnteraLite Infinity Feeding Pump, which weighs less than one pound.

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Key Contributors:

  • Abbott Nutrition
  • ALCOR Scientific
  • Applied Medical Technology
  • B. Braun Melsungen AG
  • Boston Scientific
  • CONMED Corporation
  • Cook Medical
  • Cardinal Health, Inc.
  • Becton, Dickinson, and Company
  • Fresenius Kabi
  • Owens & Minor, Inc. (Halyard Health)
  • Medline
  • Moog
  • Nestlé Health Science
  • Danone SA
  • Vygon SA
  • Amsino International, Inc.
  • Fuji Systems Corp
  • Neomed
  • Smiths Medical (Smiths Group)

Key Segments:

By Product Type:

  • Enteral Feeding Pumps
  • Nasogastric Tubes
  • Nasojejunal Tubes
  • Percutaneous Endoscopic Gastrostomy (PEG) Kit
    • PEG Balloon Kit
    • PEG Non-Balloon Kit
  • Replacement G-Tubes
    • Replacement Balloon G-Tubes
    • Replacement Non-Balloon G-Tubes
  • Percutaneous Endoscopic Gastro-Jejunostomy (PEGJ) Tubes
  • Low-profile Tubes
    • Low-profile Balloon Tubes
    • Low-profile Non-Balloon Tubes

By Age Group:

  • Adult
  • Pediatric

By End User:

  • Hospital
  • Clinic
  • Ambulatory Surgical Center
  • Home Care Setting

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific (APAC)
  • The Middle East & Africa (MEA)

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Canine Atopic Dermatitis Treatment Market to Reach USD 1,620.50 Million by 2034 at a 7.6% of CAGR

Canine Atopic Dermatitis Treatment Market
Global Canine Atopic Dermatitis Treatment Market

The global canine atopic dermatitis treatment market is poised for steady growth over the next decade. Valued at USD 1,182.60 million in 2024, the market is expected to expand to approximately USD 1,620.50 million by 2034, reflecting a Compound Annual Growth Rate (CAGR) of 3.2% from 2024 to 2034. This marks a significant decrease from the previous CAGR of 7.6% observed between 2019 and 2023.

The updated market report highlights the evolving dynamics in the canine atopic dermatitis treatment sector. While the growth rate has moderated, the market continues to benefit from the rising prevalence of atopic dermatitis in dogs and the increasing demand for effective treatment options. Advances in veterinary medicine and greater awareness among pet owners are contributing to sustained market demand.

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Key Takeaways of Canine Atopic Dermatitis Treatment Market Study

  • Immunosuppressant drugs that currently lead the market will lose their market share to monoclonal antibodies (mAb).
  • Oral administration remains at the forefront of preferred drug intake method.
  • Injectable drugs will witness a steady CAGR and will rise to prominence by 2029, surpassing oral administration.
  • Retail pharmacies continue to hold the leading revenue share; veterinary clinics closing in.
  • Gains in canine atopic dermatitis treatment market are concentrated in North America.

Top Growth Drivers

  • Established players in human life sciences are investing significant pecuniary resources in veterinary science, ascertaining the market growth.
  • Robust healthcare infrastructure and rising pet ownership are bolstering the growth of market in North America.
  • Swift recovery and less side effects remain the growth levers fueling demand for injectable veterinary drugs.
  • Increasing online availability and easy accessibility of medical information will continue to be the significant growth contributor.

Key Restraints

  • Certain therapeutic agents are facing increasing resistance, which is limiting the demand for immunosuppressant drugs.
  • Ineffectual management by healthcare providers is a major hindrance to market growth.

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Competitive Landscape

Leading players in global canine atopic dermatitis treatment market include, but are not limited to, Elanco Animal Health, Zoetis, Boragen Inc., and Immunomic Therapeutics Inc. Industry giants are focused on strategic alliances with regional players to boost their global presence. They continue to direct substantial resources towards regional acquisitions in order to fortify their market foothold. For instance, Zoetis acquired Nexvet Biopharma (2018) to accelerate the development of mAb therapies. This would enable the company to create new alternatives for treating canine atopic dermatitis. On the other hand, Elanco Animal Health acquired Boehringer Ingelheim Vetmedica, Inc. (2017), to innovate their range of rabies vaccines, canine and feline products.

Canine Atopic Dermatitis Treatment Market By Category

By Drug Class :

  • Corticosteroids
  • Immunosuppressants
  • Antibiotics
  • Antihistamines
  • Emollients
  • Essential Fatty Acids
  • Antipruritics
  • Monoclonal Antibodies

By Route of Administration :

  • Topical
  • Oral
  • Injectable

By Distribution Channel :

  • Veterinary Hospitals
  • Veterinary Clinics
  • Retail Pharmacies
  • Drug Stores
  • Mail Order Pharmacies

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Dosimetry Market Set to Reach USD 4,882.60 Million by 2034 at a 4.5% of CAGR

Dosimetry Market
Global Dosimetry Market

According to a recently updated edition of the dosimetry market report by Future Market Insights (FMI), the global dosimetry market is poised for significant growth over the next decade. Valued at USD 3,144.10 million in 2024, the market is projected to expand at an average growth rate of 4.5%, reaching approximately USD 4,882.60 million by 2034.

The market’s robust growth is driven by the rising prevalence of conditions such as cardiovascular diseases (CVD), cancer, and neurology-related disorders, which are increasing the demand for dosimeters. Dosimetry, the measurement, calculation, and assessment of ionizing radiation doses, plays a critical role in ensuring accurate and safe radiation exposure for patients undergoing various medical treatments.

To capture a larger share of this expanding market, industry players are focusing on enhancing their product offerings and improving service delivery. This strategic emphasis on innovation and quality is expected to drive further market growth and meet the evolving needs of healthcare providers and patients.

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Key Takeaways:

  • Market Valuation: The global dosimetry market was valued at US$3,144.10 million in 2024, with a projected growth to US$4,882.60 million by 2034, reflecting an average growth rate of 4.5%.
  • Rising Disease Prevalence: Increasing incidences of cardiovascular diseases, cancer, and neurology-related disorders are driving the demand for dosimeters, emphasizing the importance of radiation safety and monitoring in healthcare and other industries.
  • Market Expansion: The dosimetry market continues to expand as players enhance their product offerings and elevate service delivery to cater to the growing demand for radiation safety solutions in diverse sectors.
  • Innovation and Product Enhancement: Industry players are focusing on innovation and product enhancement to gain a greater share in the growing dosimetry market, offering advanced dosimeters with improved features and capabilities.
  • Role in Radiation Safety: Dosimeters play a critical role in radiation safety by providing real-time monitoring and actionable insights to mitigate health risks associated with radiation exposure, ensuring occupational safety and regulatory compliance.

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Acquisition Key Strategy Followed by Leading Manufacturers:

Leading manufacturers in the Dosimetry market are focusing on the acquisition strategy to enhance their product portfolio and expand their regional presence.  For instance, in 2017, Fortive acquired Landauer, a leading global provider of subscription-based technical and analytical services to determine occupational and environmental radiation exposure.

In 2016, Mirion Technologies Inc. acquired Canberra Industries. Mirion’s acquisition of Canberra brings together two of the most respected and experienced industry players, and offers comprehensive and compelling solutions for the global customer base.

Major Players are:

  1. Honeywell
  2. Fisher Scientific Inc.
  3. Landauer, Inc. (Fortive)
  4. Mirion Technologies Inc.
  5. Fuji Electric Corporation of America
  6. Polimaster Inc.
  7. JP Laboratories Inc

Want more insights on the Dosimetry market?

A new study by Future Market Insights opines on the evolution of the Dosimetry market from 2014 to 2021, and presents demand projections for 2022 to 2029, on the basis of product (personal electronic dosimeters, self-reading dosimeters, processed dosimeters), modality (wearable and non-wearable), energy (active dosimeters and passive dosimeters), and end user (industrial, medical, oil and gas, defence, homeland security, mining, environmental, others), across seven prominent regions.

Dosimetry Market by Category

By Product Type:

  • Personal Electronic Dosimeter
  • Self-reading Dosimeters
  • Processed Dosimeters

By Modality:

  • Wearable
    • Collar level
    • Chest level
    • Waist level
    • Wrist level
    • Finger level
  • Non-wearable

By Energy:

  • Active Dosimeters
  • Passive Dosimeters
    • Optically Stimulated Luminescence Dosimeter (OSLD)
    • Thermoluminescence Dosimeters (TLD)
    • Radiophotoluminescence (RPL)

By End User:

  • Industrial
  • Medical
  • Oil and Gas
  • Defense, Homeland Security
  • Mining
  • Environmental
  • Others

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Mucosal Atomization Device Market to Reach USD 1.11 Billion by 2034 at a 6.9% of CAGR

Mucosal Atomization Devices Market
Global Mucosal Atomization Devices Market

The global mucosal atomization device market is projected to experience steady growth over the next decade. With an estimated market value of USD 570.52 million in 2024, the market is expected to expand at a Compound Annual Growth Rate (CAGR) of 6.9%, reaching approximately USD 1.11 billion by 2034.

Mucosal atomization devices are gaining traction due to their ability to deliver medications quickly and efficiently through the mucous membranes. This method of administration is increasingly preferred in various medical applications, including emergency medicine, pain management, and vaccinations, due to its non-invasive nature and rapid onset of action.

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Developed regional markets ought to hold a substantial portion of the market in terms of value. Furthermore, a noteworthy development rate is projected for the Asia Pacific market. Because of advancements in medical technology, it is projected that North America will account for the greatest revenue shares in mucosal atomization devices for the foreseeable future. Anticipations of a high rate of drug delivery device adoption in the region are driving the mucosal atomization device market in Europe. On the other hand, the market in Asia Pacific is projected to rise at a significant pace since new, useful medical devices are being introduced more frequently.

The market for mucosal atomization devices: vendor insights

The study features a number of well-known industry participants who have made names for themselves as industry leaders in the mucosal atomization device market. Medica Holdings, LLC, Kurve Technology, Cook Medical Incorporated, DeVilbiss Healthcare LLC, and Teleflex Incorporated are a few prominent companies in the global mucosal atomization devices market. In the market for mucosal atomization devices, there are only few major players.

The development of novel and highly advanced mucosal atomization devices is the primary focus of key players. Important participants are also engaged in partnerships and acquisitions, which may spur the market for mucosal atomization devices to expand.

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Mucosal Atomization Devices Market: Overview

The global market for Mucosal Atomization Devices is expected to witness high growth over the forecast period as the technology does not require the set up for intravenous drug delivery. The target is achieved at a much higher rate. The drug gets directly into the bloodstream and to the target area however one has to be very sure of the dosage as it can cause side effects if over dosed. The market of treatment of mucosal atomization devices is expected to increase with a rise in the patient pool as the treatment is target specific.

Mucosal Atomization Devices Market: Regional Outlook

Geographically, the global mucosal atomization devices market can be segmented into North America, Latin America, Europe, Asia-Pacific excluding Japan (APEJ), Japan and the Middle East and Africa (MEA). North America is expected to be a dominant market in the global mucosal atomization devices market, owing to the high prevalence of diseases. Also, the market in North America will rise, due to advancements in technology and strict regulations pertaining to patient care and safety in the region. The mucosal atomization devices market in Asia Pacific excluding Japan is expected to grow with a significant CAGR due to expansion of product offering by key players. In addition, government is making initiatives in the region by providing better healthcare facilities with techniques which require less pain and more efficiency and contribute to the growth of the Mucosal Atomization Devices. Europe is expected to hold the second largest share in the global mucosal atomization devices market throughout the forecast period.

Mucosal Atomization Devices Market: Key Players

The global market for mucosal atomization devices market is highly consolidated. Examples of some of the key players operating in the global mucosal atomization devices market DS Medical,  Life-Assist, Inc., Teleflex Medical Europe Ltd, MedTree, Kurve Technology and Wolfetory Medical Inc.among others

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

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Global Drug of Abuse Testing Market Projected to Reach USD 2.69 Billion by 2033 at a 5.3% of CAGR

Drug of Abuse Testing
Global Drug of Abuse Testing Market

The global drug of abuse testing market is poised for notable growth over the next decade. Estimated to capture a valuation of USD 1.65 billion in 2023, the market is projected to expand at a Compound Annual Growth Rate (CAGR) of 5.3%, reaching approximately USD 2.69 billion by 2033.

This growth is primarily driven by the increasing demand for rapid and accurate drug testing equipment across various sectors, including forensic laboratories, hospitals, and senior citizen care centers. The rising prevalence of drug abuse and the need for efficient diagnostic tools are further fueling the market expansion.

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Key Takeaways:

  • The drug abuse testing market is estimated to secure a valuation of US$ 2.69 billion in 2033 with a CAGR of 5.3% during the forecast period.
  • In the historical period, the market secured a valuation of US$ 1.5 billion in 2022.
  • The United States dominates the global market by capturing a maximum share of 25.5% during the forecast period.
  • Germany is significantly driving the global market by registering a share of 4% by 2033.
  • With a share of 3.3%, Japan is securing a significant share in the global market during the forecast period.

How are Key Players Adding Value in the Global Market?

Several prominent players consolidates the market presence globally. These players are developing innovative products by adopting advanced technologies. They offer improved and high-quality products to their consumers as per their needs.

Key players are adopting various marketing methodologies to elevate the global market. These marketing methodologies are partnerships, mergers, acquisitions, collaborations, product launches, and agreements. The key players are conveniently provided delivery of their products and services through their distribution networks.

They are marketing and promoting their products in social media, online retailers, and offline platforms to increase their sales volume. These players are significantly expanding the market by providing awareness and educating their customers at trade shows, exhibitions, and seminars.

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Competitive Landscape:

The top 5 players operating in the global market comprise Quest Diagnostics, Roche Holding AG, Siemens AG (Siemens Healthineers), and Thermo Fisher Scientific, Inc., the top players accounting for maximum sales in the market.

Leading players operating in the global drug of abuse testing market are focusing on research and development to launch novel testing tools that are more effective and accurate. Players also invest in mergers, acquisitions, collaborations, and partnerships to expand their global footprint.

Other Essential Players in the Global Market are:

  • Quest Diagnostics
  • Roche Holding AG
  • Thermo Fisher Scientific, Inc.
  • Siemens AG (Siemens Healthineers)
  • Abbott Laboratories (Alere, Inc.)
  • Shimadzu Corporation
  • Express Diagnostics International Inc.
  • Drägerwerk AG & Co. KGaA
  • Laboratory Corporation of America Holdings.

Drug of Abuse Testing Market by Category

By Drug Type:

  • Psychostimulants
  • Narcotic
  • Cannabinoids
  • Sedatives
  • Others

By Technique:

  • Immunoassay
  • Chromatography
  • Rapid Testing

By End User:

  • Hospitals
  • Diagnostics Laboratories
  • Forensic Laboratories
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • The Middle East and Africa

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Global Intra-Abdominal Pressure Measurement Devices Market to Reach USD 318.3 Million by 2033 at a 12.4% of CAGR

Intra-Abdominal Pressure Measurement Devices
Global Intra-Abdominal Pressure Measurement Devices Market

The global  intra-abdominal pressure measurement devices market is set for substantial growth, with an expected valuation of USD 98.9 million in 2023. The market is projected to expand at a robust Compound Annual Growth Rate (CAGR) of 12.4% over the forecast period, reaching approximately USD 318.3 million by 2033.

This growth is driven by the increasing prevalence of intra-abdominal hypertension and abdominal compartment syndrome. These conditions are fueling the demand for effective and accurate intra-abdominal pressure measurement devices, which are essential for timely diagnosis and management.

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Improved Patient Safety and Demographic Shifts Drive Demand

The ability to monitor abdominal pressure effectively translates to improved patient safety by offering healthcare providers the means to prevent complications and enhance treatment outcomes. As a result, hospitals and clinics are increasingly investing in these devices to minimize risks and improve patient care.

The growing geriatric population and the rising incidence of chronic diseases such as chronic kidney disease, diabetes, cardiovascular issues, and obesity are further contributing to market growth. These demographics require close monitoring, and intra-abdominal pressure measurement devices provide a valuable tool for managing such conditions.

Key Takeaways:

  • The intra-abdominal pressure measurement devices market is estimated to secure a valuation of US$ 328.3 million with a CAGR of 12.40% by 2033.
  • In the historical period, the market captured a valuation of US$ 89.4 million with a CAGR of 10.6% in 2022.
  • The United States dominates the global market by registering a share of 45.1% during the forecast period.
  • Japan is anticipated to secure a share of 6.4% in the global market by 2033.
  • With a CAGR of 15.70%, Australia is significantly driving the global market by 2033.
  • Germany is another nation predicted to register a share of 6.7% in the global market during the forecast period.

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Competitive Landscape:

The market is highly fragmented, with several competitors in the intra-abdominal pressure measurement devices space. These companies are implementing mergers and acquisitions, partnerships and collaborations, and new product launches to meet consumer demand and expand their customer base.

Other Prominent Players in the Global Market are:

  • R. Bard, Inc.
  • ConvaTec Group PLC
  • Stryker Corporation
  • Biometrix Ltd. (Degania Silicone, Ltd.)
  • Centurion Medical Products
  • Holtech Medical
  • ConvaTec Group PLC
  • Potrero Medical
  • Gaeltec Devises Ltd.
  • Speigelberg GmbH & Co. KG.
  • C2Dx Inc.
  • Scranton Gillette Communication
  • Nutrimedics S.A.
  • SEM Mthembu Medical (Pty) Ltd
  • Carl Zeiss AG

Market by Category:

By Product:

  • Disposables
  • Equipment

By Application:

  • Intra-abdominal Hypertension
  • Intra-compartment Pressure

By End User:

  • Hospitals
  • Clinics
  • Trauma Centers
  • Ambulatory Surgical Centers (ASCs)

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • The Middle East and Africa

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Global Obesity Management Market Set to Reach USD 3,494.5 Million by 2033 at a 5.2% of CAGR

Weight Loss and Obesity Management Industry
Global Obesity Management Market

The global obesity management market is anticipated to experience significant growth over the next decade, with a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period from 2023 to 2033. The market, valued at USD 2,095.6 million in 2023, is projected to expand to USD 3,494.5 million by 2033.

This growth is driven by increasing awareness of obesity-related health risks, advancements in obesity management treatments, and a rising global prevalence of obesity. As healthcare providers and patients seek effective solutions to combat obesity, the demand for comprehensive obesity management strategies continues to rise.

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Future Outlook for a Pressing Challenge

As the battle against obesity continues, the obesity management market is well-positioned for sustained growth in the coming years. Addressing this global health challenge will require continued innovation and accessibility within the market to ensure effective solutions reach those who need them most.

Businesses that have understood the benefits of integrating obesity management services into their employee wellness programs are also contributing to the market’s growth. Growing awareness and focus on preventative healthcare is encouraging people to get expert assistance in managing their weight and overall health. Additionally, industrialized places where obesity and other lifestyle-related disorders have become major public health concerns exhibit this tendency.

Many customers are unable to receive professional treatment or participate in weight-management programs because of the stigma attached to obesity and cultural prejudices. Additionally, some people may be deterred from using obesity control programs and therapies by their high cost, particularly in low-income areas or emerging nations.

Key Takeaways from the Global Obesity Management Market Study Report by FMI

  • The United States is the leading market in the adoption of obesity management strategies and generated around 32.1% of the global revenue share in 2022. Moreover, market players in the United States are making continuous investments in research and development, working with healthcare practitioners, and taking a patient-centric approach.
  • Germany is the leading market in the Europe region which had a global market share of 29.5% in the year 2022.
  • It is anticipated that demand for obesity management services and solutions in the Asia Pacific region could witness a high CAGR through 2033. For instance, China and India are poised to witness 6.6% and 6.4% CAGRs over the next ten years.

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Competitive Landscape for the Obesity Management Market Players

The complexity of obesity and the lack of a universally applicable management strategy are two key barriers even for these leading market players. It is difficult to provide solutions that are universally beneficial since each individual may require a treatment plan that is specialized and unique to them.

In recent years the growing percentage of obese people in third-world countries has encouraged many start-ups to adopt the business of obesity management. However, for such emerging players, it could be essential to make sure obesity control treatments are affordable and accessible to increase their impact.

Key Players Profiled in the Global Market:

  • GlaxoSmithKline Plc.
  • VIVUS, Inc.
  • Novo Nordisk A/S
  • Currax Pharmaceuticals LLC
  • Cheplapharm Arzneimittel GmbH
  • Bausch Health Companies Inc.
  • Takeda Pharmaceuticals, Inc.

Key Segmentation

By Drug Type:

  • Bupropion and Naltrexone
  • Orlistat
  • Lorcaserin
  • Phentermine and Topiramate
  • Liraglutide

By Surgery Type:

  • Gastric Bypass Surgery
  • Adjustable Gastric Banding Surgery
  • Gastric Sleeve Surgery
  • Duodenal Switch Surgery
  • Others

By Distribution Channel:

  • Hospitals Pharmacies
  • Retail Pharmacies
  • E-commerce

By Region:

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

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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