Market Research Blog – Page 1713 – New Product Development

FMI Study States Global Indoor Smokehouses and Pig Roasters Market Share to Cross USD 14.9 Billion by 2033, Growing at 11.1% CAGR

The global indoor smokehouses and pig roasters market are experiencing a remarkable ascent, with an anticipated valuation of USD 5.2 billion in 2023. Positioned for dynamic growth, the market is projected to realize a significant Compound Annual Growth Rate (CAGR) of 11.1% from 2023 to 2033, ultimately reaching a substantial USD 14.9 billion valuation by the conclusion of the forecast period.

A pivotal catalyst driving this robust growth is the escalating availability of high-quality and durable products within the indoor smokehouses and pig roasters market. In response to consumer preferences for reliability and longevity, manufacturers have elevated their offerings to provide robust and dependable options. The accessibility of these dependable products not only meets but surpasses consumer expectations, thereby fortifying the overall potential of the market.

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North America’s Sizzling Streak in the Indoor Smokehouses and Pig Roasters Market:

When it comes to the global Indoor Smokehouses and Pig Roasters market, North America has been holding the crown. But the question on everyone’s mind is whether this dominance will persist and what’s driving this fiery success? Let’s delve into the regional insights.

North America: A Roaring Market

In the world of Indoor Smokehouses and Pig Roasters, North America is ablaze with an anticipated Compound Annual Growth Rate (CAGR) of 11.0% in 2023. This region is witnessing substantial growth, and the spark behind it is the surge in home renovation projects.

As more homeowners embark on kitchen renovations, the demand for indoor smokehouses and pig roasters is soaring. These appliances are not only practical but are also deemed a trendy addition to modern kitchens, enhancing the overall value of homes. In North America, the allure of barbecue and smoking is on the rise, and indoor smokehouses and pig roasters are the answer for consumers seeking those smoky and savory flavors without stepping outside.

The Sizzle of Home Renovation Projects:

One of the key factors driving North America’s dominance in the Indoor Smokehouses and Pig Roasters market is the surge in home renovation projects. The allure of these appliances extends beyond the culinary realm; they represent a stylish addition to modern kitchens, enhancing both functionality and aesthetics. Homeowners are increasingly viewing them as a valuable investment, contributing to the rising demand.

Asia Pacific’s Appetite for Unique Culinary Adventures:

While North America continues its reign, the Asia Pacific region is emerging as a sizzling contender in the Indoor Smokehouses and Pig Roasters market. With an expected CAGR of 10.8% in 2023, the region is embracing a unique culinary journey. But what’s behind this ascent? Let’s explore.

Asia Pacific: A Region Hungry for Unique Cooking Experiences

In Asia Pacific, the driving force behind the growth of the Indoor Smokehouses and Pig Roasters market is the increasing demand for unique cooking experiences. A culinary revolution is underway, with consumers in the region eager to experiment with diverse cooking equipment and techniques. Indoor smokehouses and pig roasters offer a novel way to prepare meats and other dishes, catering to the appetite for distinctive culinary adventures.

Key Companies Profiled:

Alto-Shaam
Southern Pride
Town
Meadow Creek
Jade Range
Pro Smoker
Z Grills
Dqueduo
Café Press
Scott Pet
Vevor
American Classics

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Key Segments Covered:

By Category:

Indoor Smokehouses
Pig Roasters

By Power Source:

Electric
Charcoal
Liquid Propane
Natural Gas

By Material:

Galvanized Steel
Stainless Steel

By Distribution Channel:

Offline Stores
- Hypermarkets/Supermarkets
- Multi-brand Store
- Specialty Store
Online Retail Store

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

Author:

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

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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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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Computer Vision in Healthcare Market is expected to soar, reaching USD 56.1 Billion by 2034, At a robust CAGR of 36.7% | FMI Study

The future of healthcare is getting a clear vision boost! According to Future Market Insights (FMI), the global Computer Vision in Healthcare Market is poised for explosive growth, surging from USD 2.5 billion in 2024 to a staggering USD 56.1 billion by 2034. This translates to a remarkable Compound Annual Growth Rate (CAGR) of 36.7%, highlighting the transformative potential of this technology in healthcare.

Government measures to encourage the adoption of big data and Al-based technologies in healthcare are expected to fuel the market expansion. Al-powered radiology represents a significant opportunity in computer vision healthcare. It integrates artificial intelligence algorithms with CT, MRI, ultrasound, and X-ray imaging technologies.

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The increasing use of computer vision precision medicine and demand for computer vision systems in the healthcare sector is projected to drive the market. Several mergers & acquisitions and advancements in this industry are also expected to propel market expansion.

Initiatives from the government are crucial in encouraging the use and growth of computer vision in the medical field. Funding, legislative assistance, and partnerships are employed in the market to promote the study, creation, and application of computer vision technology in the medical field.

In the United Kingdom, the National Health Service (NHS) created the ‘Al in Health and Care Award’ to promote creativity in applying computer vision and other forms of artificial intelligence to improve patient care.

Key Takeaways from the Computer Vision in Healthcare Market Report:

Computer vision in the healthcare market is expected to reach a valuation of US$ 56.1 billion by 2034.
The market is projected to surge at a CAGR of 36.7% by 2034.
China’s computer vision in healthcare market is expected to grow at a CAGR of 36.9% by 2034.
The United States is projected to reach a valuation of US$ 9.9 billion in 2034.
Based on components, the hardware segment is expected to surge at a CAGR of 36.5% by 2034.

“Artificial intelligence (AI) algorithms combined with computer vision have greatly improved medical imaging and diagnostics. AI-powered technologies provide highly accurate analysis of medical pictures, assisting medical personnel in identifying and diagnosing a wide range of illnesses. Further, the use of computer vision technologies in medical imaging raises the accuracy of diagnosis.” – opines Sabyasachi Ghosh Associate Vice President at Future Market Insights (FMI).

Computer Vision in Healthcare Market Competitive Landscape:

Leading companies have increased their market share primarily through product launches and developments, which are followed by expansions, mergers & acquisitions, contracts, agreements, partnerships, and collaborations. Key companies are employing several strategies to improve market penetration and strengthen their position in the cutthroat sector.

For instance,

In May 2023, Landing AI unveiled its LandingLens platform’s validation-ready iteration.
In 2023, NVIDIA announced the launch of the Next-Generation GH200 Grace Hopper Superchip Platform for the accelerated generative AI era and computing.

Key Companies Profiled:

NVIDIA Corporation
Microsoft
Intel Corporation
IBM Corporation
Google LLC
Basler AG
Arterys Inc.
AiCure
iCAD, Inc.
SenseTime

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Computer Vision in Healthcare Market Segmentation by Category:

By Component:

Hardware
Software
Services

By Product Type:

Smart Camera-based Computer Vision Systems
PC-based Computer Vision Systems

By Application:

Medical Imaging & Diagnostics
Surgeries
Patient Management & Research
Others

By End-user:

Healthcare Providers
Diagnostic Centers
Academic Research Institutes
Others

By Region:

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

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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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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Brain Monitoring Market is expected to grow at a 6.5% CAGR to a noteworthy value of USD 12.5 Billion by 2034 | FMI

The human brain, the most complex organ in our body, is becoming increasingly understood through advancements in monitoring technology. According to a recent market analysis, the global Brain Monitoring Market is on track to reach a significant value of USD 12.5 billion by 2034. This translates to a projected Compound Annual Growth Rate (CAGR) of 6.5% from 2024 to 2034. The market size for brain monitoring in 2024 is currently valued at USD 6.7 billion.

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The industry’s growing emphasis on timely detection and avoidance of neurological illnesses is redefining business approaches in the brain monitoring sector. Businesses prioritizing research and development to enhance early detection skills are positioning themselves as industry leaders in a market driven by an increasing consciousness of proactive healthcare. By forging partnerships with pharmaceutical companies, academic institutions, and healthcare systems, this trend gives businesses a competitive advantage in the market and establishes them as leaders in preventive neurology.

As consumer interest in cognitive health and performance enhancement grows, consumer-grade brain monitoring gadgets are emerging to take advantage of this trend. Businesses that provide easy-to-use at-home monitoring systems are capitalizing on the growing number of people concerned about their health. This trend helps organizations navigate the competitive environment of consumer-oriented neurotech by fostering relationships with fitness and wellness brands, direct-to-consumer sales methods, and subscription-based revenue models. These initiatives create a diverse income stream.

The inclination towards amalgamating several modalities for brain monitoring, such as merging EEG with fMRI or NIRS, denotes a tactical transition towards all-encompassing data gathering. Businesses using multi-modal techniques are positioned as pioneers in offering a comprehensive understanding of brain function, which is crucial for use in clinical and research contexts. With the help of this trend, companies may set themselves apart from the competition, work together with suppliers of imaging technology, and meet the increasing need for integrated solutions that provide deeper insights into neurological health.

“Successfully navigating the changing brain monitoring market requires a deep grasp of the numerous healthcare demands, constant innovation, regulatory compliance, and strategic partnerships that align with new health trends. A comprehensive approach that prioritizes adaptation, innovative problem-solving, and a commitment to sustainability is essential for successfully navigating this volatile environment.” Says Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.).

Key Takeaways from the Brain Monitoring Market Report

The global brain monitoring market size expanded at an 8.1% CAGR through 2034.
The devices segment is projected to rise at a 6.3% CAGR through 2034.
The invasive procedure segment is expected to develop at a 6.1% CAGR through 2034.
The brain monitoring industry in Japan is anticipated to develop at a 7.6% CAGR through 2034.
The market size in the United Kingdom is estimated to surge at a 5.1% CAGR through 2034.
The market for brain monitoring in South Korea is expected to thrive at an 8.3% CAGR through 2034.
The market size in the United States is projected to rise at a 6.8% CAGR through 2034.

Competitive Landscape

An active rivalry distinguishes the brain monitoring market between well-established industry leaders, cutting-edge startups, and multinational healthcare technology conglomerates. With a broad range of brain monitoring systems, leading companies like GE Healthcare, Koninklijke Philips, and Medtronic dominate the industry owing to their global reach and strong R&D departments. These market leaders frequently establish industry standards, engage in strategic partnerships, and keep a strong supply of cutting-edge technology on hand to remain ahead of the curve.

Key Players in the Brain Monitoring Market

Natus Medical Incorporated
Medtronic plc
Koninklijke Philips N.V.
GE Healthcare
Siemens Healthineers
Compumedics Limited
BrainScope Company, Inc.
NeuroWave Systems Inc.
Nihon Kohden Corporation
Cadwell Industries, Inc.
Elekta AB
Advanced Brain Monitoring
CAS Medical Systems, Inc.
NCC Medical Co., Ltd.
Neurosoft

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Brain Monitoring Market Recent Developments

In January 2024, researchers at the University of California, San Diego (UCSD) developed a brain implant that can provide high-resolution insights into deep cerebral function without invasive procedures. The finding, reported in Nature Nanotechnology, is a significant step toward constructing a minimally invasive brain-computer interface (BCI) that can reveal new insights into the brain’s workings.
In September 2023, NTT Communications Corporation (NTT Com), the NTT group’s ICT solutions and international communications division, announced the beginning of a trial of ‘Brain Health Check Plus,’ 1 a dial-up navigation service that leverages AI capability to identify early indicators of cognitive impairment.

Brain Monitoring Market Segmentation

By Products:

Devices
- Melectroencephalography (EEG) Devices
- Magnetoencephalography (MEG) Devices
- Transcranial Doppler (TCD) Devices
- Intracranial Pressure (ICP) Monitors
- Cerebral Oximeters
- Magnetic Resonance Imaging (MRI) Devices
- Computerized Tomography (C.T.) Devices
- Positron Emission Tomography (PET) Devices
- Sleep Monitoring Devices
- Electromyography (EMG) Devices
Accessories
- Electrodes
- Sensors
- Pastes & gels
- Caps
- Cables
- Batteries
- Others

By Procedure:

Invasive
Non-invasive

By Application:

Traumatic brain injury (TBI)
Stroke
Dementia
Headache disorders
Sleep disorders
Parkinson’s disease
Epilepsy
Huntington’s disease
Other diseases

By End User:

Hospitals
Neurology Centres
Clinics & ASC

By Region:

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

About the Author:

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

Explore FMI’s Extensive Coverage in the Lifescience & Healthcare Domain:

Brain Imaging And Neuroimaging Market, Global Opportunities and Forecast, 2023-2033. – Review and Request to Access the Sample PDF.
Cell Isolation Market Analysis by Centrifugation-Based Cell Isolation, Surface Marker-Based Cell Isolation, and Filtration-Based Cell Isolation from 2024 to 2034. – Review and Request to Access the Sample PDF.
Veterinary Dental Equipment Market Analysis by Hand Instruments, Equipment, and Consumables from 2024 to 2034. – Review and Request to Access the Sample PDF.
Super Antioxidant Supplement Market By GliSODin and Pycnogenol Ingredients From 2024 to 2034. – Review and Request to Access the Sample PDF.
Self-administered Parenteral Market by Pre-filled Syringes and Autoinjectors, from 2024 to 2034. – Review and Request to Access the Sample PDF.

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 market 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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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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Terrestrial Laser Scanning Market Projected to Grow to $6.1 Billion by 2032, with a CAGR of 6.3%

The terrestrial laser scanning industry is anticipated to be worth $6.1 billion in 2032, a considerable increase from the $3.3 billion reported in 2022. From 2022 to 2032, this development trend is expected to sustain a robust compound annual growth rate of 6.3%.

Terrestrial laser scanning (TLS) is one of the most essential 3D scanning methods, particularly for scanning massive objects and environments. One distinguishing aspect of this method—which is mostly utilized in the construction, surveying, and forestry industries—is the use of tripod-mounted laser scanners.

One of the most effective ways to collect spatial data and create 3D models is now laser scanning. Terrestrial laser scanning is more efficient in collecting spatial data than conventional geodetic methods.

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Key Takeaways from Terrestrial Laser Scanning Market Report:

By 2032, it is anticipated that the USA terrestrial laser scanning market would be valued US$ 1.9 billion.
During the projected period, the terrestrial laser scanning market in the United Kingdom is anticipated to expand at a CAGR of about 5.5%.
The predicted time period will likely see an increasing opportunity of US$ 263.0 million for the China terrestrial laser scanning market.
The scanning services market is likely to escalate at a CAGR of 6.2% over the projected period of time, based on solution.
By 2032, it is anticipated that Japan terrestrial laser scanning market will be worth US$ 442.6 million.

Drivers and Opportunities: Technological advancements in laser scanning technology, including enhanced accuracy and faster data processing, are key drivers behind the market’s growth. The increasing need for accurate geospatial data in urban planning, infrastructure development, and environmental monitoring is also creating significant opportunities for market expansion.

Competition Analysis – Regional Trends: The terrestrial laser scanning market is witnessing intense competition among key players aiming to capitalize on the growing demand. Regional trends indicate a higher adoption rate in developed economies, owing to their well-established infrastructure and readiness for advanced technologies.

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Region-wise Insights: North America and Europe have emerged as frontrunners in the adoption of terrestrial laser scanning technology. The demand is driven by the need for precision in construction, infrastructure, and environmental management projects.

Category-wise Insights: Forestry, surveying, and construction sectors are the primary categories harnessing the potential of terrestrial laser scanning technology. The accuracy and efficiency offered by TLS have transformed these industries by streamlining processes and reducing errors.

The Terrestrial Laser Scanning Market’s remarkable growth trajectory highlights the technology’s indispensable role in modern industries. As advancements continue to propel the sector forward, stakeholders and businesses across the globe are recognizing the value of TLS in achieving unprecedented accuracy and efficiency in their operations.

Terrestrial Laser Scanning Market Outlook by Category

By Solution:

Scanning Systems
Scanning Services

By Technology:

Phase-Shift
Pulse-Based
Optical Triangulation

By Laser Type:

Diode
Fiber
Solid-state

By Application:

Building Information Modelling
Topographical Survey
Forestry and Agricultural Survey
Mining Survey
Construction Survey
Research and Engineering
Others

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

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Professional Services Automation Software Market: Valued at $12 Billion in 2023, Projected to Reach $35.8 Billion by 2033 with a CAGR of 11.5%

The professional services automation software market is estimated to expand from $12,038.66 million in 2023 to $35,754.17 million in 2033. This market is expected to grow at a CAGR of 11.5% during the course of the investigation.

The need for process automation is increasing as more businesses digitize and automate their processes. During the projected period, increased demand for automation services and reducing total costs are expected to drive the PSA software market forward. The purpose is to increase money production through operational productivity within professional service firms.

A growing need for scalable and flexible professional services, as well as consultants’ escalating demand for advanced mobility services, are expected to support market growth. Also, the increasing profit margins, automating a wide range of time-consuming tasks, and enabling robust communication between internal stakeholders, this software facilitates market growth.

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PSA solutions also provide teams with a unified platform for collaborating and completing tasks and projects more efficiently. Besides keeping stakeholders informed and making timely decisions, professional services automation solutions offer teams the ability to track resources, project progress, and costs in one place.

Key Takeaways from the Professional Services Automation Software Market Report:

The professional services automation software market is expected to record a CAGR of 11.5% over the forecast period.
It is estimated that the professional services automation software market in North America may remain strong during the forecast period.
The technology segment acquired a significant market share, valued at US$ 5,018.22 million during the forecast period.
On-premise PSA software deployments are expected to account for a significant share of the market in 2023, representing around 51%.
It is expected that the market in India may demonstrate a considerable level of growth by 2033.

“The Professional Services Automation Software Market, as highlighted in our recent market research study, is experiencing significant growth and transformation. With the increasing demand for streamlined project management, resource allocation, and financial tracking in professional service organizations, this market is witnessing a surge in adoption. The coming years will be marked by innovation and competition among software providers to meet the evolving needs of this dynamic industry.” – says Sudip Saha, Managing Director and Co-Founder at Future Market Insights.

Competitive Landscape:

The growth potential of the professional services automation software market is likely to be supported by irreplaceable value propositions in product offerings. A moderately fragmented market is served by several local companies. Companies use a variety of strategies to gain market share, including investments, partnerships, acquisitions, and mergers. Companies also strive to improve their products and keep them competitive.

Leading Key Players:

Autotask Corporation
BMC Software, Inc.
ConnectWise, Inc.
Deltek, Inc.
FinancialForce.com
Kimble Apps
Microsoft Corporation
NetSuite OpenAir, Inc.
Oracle Corporation
Planview

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Recent Developments:

Singapore-based FinTech Global Direct has launched a blockchain platform to address global B2B transaction challenges, which typically take six days to complete. Features include ticketing for tour operators, rewards management, and alternate currency payment gateways.

In March 2022, ProductDossier Solutions announced that several companies had implemented TouchBase, its software for professional services automation. The companies are Tiger Analytics, Aujas Cyber Security, Hical Technologies, and Tata Communications.

In February 2020, Clarizen, a software company focused on enterprise collaborative work management, became a McAfee CASB Connect Partner via self-service API connectors for McAfee^® MVISION Cloud.

Professional Services Automation Software Market Segmentation:

By Application:

Consulting Firms
Marketing and Communication Firms
Technology Companies
Architecture, and Construction Firms
Research Firms
Accounting Firms
Others

By Deployment:

Cloud
On-premise

By Region:

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

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Pine-Derived Chemicals Market Poised for 4.40% CAGR Growth from 2024 to 2034

The pine-derived chemicals market has been steadily expanding globally, and the trend is set to continue with a projected CAGR of 4.40% from 2024 to 2034. The market is worth US$ 5,984 million in 2024 and is projected to surpass US$ 8,617 million through 2034. The demand for these products is driven by various factors, such as the need for sustainable and eco-friendly alternatives to synthetic chemicals in various industries. Pine-derived chemicals, such as rosin and turpentine, are natural and renewable resources, making them a desirable option for environmentally conscious consumers.

With the increasing demand for these products, there is a corresponding increase in demand for pine-derived chemicals. The packaging and digital printing sectors are also witnessing mass development, which is expected to drive the growth of the bio-based chemicals sector. The natural properties of pine-derived chemicals make them an alluring choice for these industries.

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Green chemistry practices that promote the design of chemical products and processes that reduce or eliminate the use and generation of hazardous substances are gaining popularity. Pine-derived chemicals are a natural and renewable resource that can be produced using green chemistry procedures, making them a more desirable option for environmentally conscious consumers and industries.

While strict regulations can affect the production and availability of these chemicals, the ongoing trend of sustainability and eco-friendly products is generating significant growth for pine-derived chemicals.

“Industries that heavily rely on adhesives, coatings, and sealants, such as construction and automobiles, are expected to remain the top application for pine-derived chemicals, making them an essential ingredient in producing various products. In coming years, these sectors are foreseen to expand broadly, making pine-derived chemicals a top product,” opines an analyst at FMI.

Key Takeaways from the Market Study

Gum rosin in the pine-derived chemicals market to share boom to 44.7% in 2024.
With a market share of 39.6% for 2024, demand for adhesives and sealants for various applications.
The pine-derived chemicals market in India has the potential to increase 4.30 % CAGR through 2034.
The pine-derived chemicals in China are projected to inflate at a CAGR of 3.70% through 2034.
The pine-derived chemicals market in Germany is anticipated to develop at a CAGR of 3.20% through 2034.
The pine-derived chemicals market in the United States is estimated to rise at a 2.70% CAGR through 2034.
The pine-derived chemicals market in the United Kingdom is predicted to rise by a 2.50% CAGR through 2034.

Competitive Landscape

Growing trend for the usage of biodegradable products is opening opportunities for major manufacturers and retailers as consumers opt for them. With noteworthy opportunities from emerging nations and consumer preference trends, the market is set to pave way for big budgets. Major companies like Florachem, Eastman Chemical Company, Wuzhou Sun Shine Forestry and Chemicals Co. Ltd., Harima Chemicals Group, Inc., Guilin Songquan Forest Chemical, Arakawa Chemical Industries, and many more are expanding in the global pine-derived chemicals market.

Recent Developments:

In 2023, pine trees were transformed into eco-friendly painkillers by researchers from the University of Bath.
In 2020, fragrance company Firmenich acquired sustainable fragrance ingredients and industrial additives from French pine chemical firm DRT, in line with the trend towards environmentally friendly ingredients.

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Market Segmentation

By Source:

Living trees
Dead pine stumps and logs
By-products of sulphate

By Application:

Adhesives and sealants
Paints and Coatings
Surfactants
Printing inks
Perfumes, Fragrances, and Cosmetics
Food Additives
Others

By Type:

Tall oil fatty acid
Tall oil rosin
Gum turpentine
Gum rosin
Pitch

By Process:

Kraft
Tapping
Pulp mills

By Region:

North America
Latin America
Asia Pacific
Middle East and Africa (MEA)
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 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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Cancer Registry Software Market is expected to grow at a 10.4% CAGR until 2034 and reach a valuation of USD 236 Million | FMI

The fight against cancer receives a critical boost with the burgeoning Cancer Registry Software Market. Fueled by the growing importance of global collaborative research initiatives, this market is poised for significant growth.

According to a recent market analysis, the global cancer registry software market is expected to reach a value of USD 87.4 million by 2024. However, the upward trend doesn’t stop there! Projections indicate a robust Compound Annual Growth Rate (CAGR) of 10.4% between 2024 and 2034, reaching a staggering USD 236.0 million by 2034.

One of the major factors contributing to the growth of the market is real-world evidence generation. Pharmaceutical companies, regulatory agencies, and healthcare payers increasingly rely on real-world evidence to inform clinical decision-making, drug development, and reimbursement policies. Cancer registry software facilitates the generation of RWE by aggregating and analyzing real-world patient data, supporting comparative effectiveness research, post-market surveillance, and pharmacovigilance activities.

The integration of artificial intelligence and predictive analytics capabilities enhances the predictive modeling, risk stratification, and treatment planning functionalities of cancer registry software. AI-driven algorithms can identify patterns, predict outcomes, and personalize treatment recommendations based on individual patient characteristics and disease profiles, driving advancements in precision oncology.

There is a growing recognition of health disparities and inequities in cancer outcomes among different demographic groups and populations. Cancer registry software can facilitate the collection of data related to social determinants of health, enabling healthcare providers and policymakers to identify and address disparities in cancer incidence, treatment access, and outcomes.

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Cancer registry software can support the development and implementation of personalized risk assessment tools and prevention programs. Healthcare providers can tailor prevention strategies, screening protocols, and lifestyle interventions to reduce the risk of cancer development, by analyzing individual and population-level risk factors, genetic predispositions, and environmental exposures.

Key Takeaways from the Cancer Registry Software Market Study

The global cancer registry software market was valued at US$ 8 million in 2023.
From 2019 to 2023, the market demand expanded at a CAGR of 11.5%.
The market in Japan is expected to expand at a CAGR of 11.8% through 2034.
By deployment model, the on-premise segment to account for a CAGR of 10.3% through 2034.
The absolute dollar growth of the market is projected to reach a value of US$ 148.6 million during the forecast period.
The market in the United Kingdom is expected to expand at a CAGR of 11.5% through 2034.

“Digital health innovations has enabled generation of patient health data, prompting deployment of cancer registry software. These help ingest, analyze, and integrate cancer surveillance systems, enabling continuous monitoring of patient symptoms in real-time,” remarks an FMI analyst.

Cancer Registry Software Market Competitive Landscape

Prominent players in the cancer registry software market are C/NET Solutions, Conduent, Inc, Electronic Registry System, Inc., Elekta, Himagine solutions, IBM Corporation, McKesson Corporation, NeuralFrame, Inc, Onco, Inc., Ordinal Data, Inc, and Rocky Mountain Cancer Data Systems among others.

Cancer Registry Software Market Key Developments

In 2022, Elekta announced that the National Health Service Supply Chain had procured multiple licenses for ProKnow software solution of Elekta.
The software centralizes and analyzes radiotherapy data within a secure and scalable platform, granting access to radiation oncology facilities across NHS England nationwide.

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Future Market Insights offers an unbiased analysis of the global cancer registry software market, providing historical data for 2019 to 2023 and forecast statistics from 2024 to 2034.

To understand opportunities in the cancer registry software market, the market is segmented on the basis of deployment model (on premise, cloud based), database type (commercial database, public database), and end user (government and third party, private players, hospital and medical practice, others), across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East & Africa (MEA)).

Key Companies Profiled

C/NET Solutions
Conduent Inc.
Electronic Registry System Inc.
Elekta
Himagine solutions
IBM Corporation
McKesson Corporation
NeuralFrame, Inc.
Onco Inc.
Ordinal Data Inc.
Rocky Mountain Cancer Data Systems

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Segmentation Analysis of the Cancer Registry Software Market

Deployment Model:

On-Premise
Cloud-Based

Database Type:

Commercial Database
Public Database

End User:

Government and Third Party
Private Players
Hospital and Medical Practice
Others

Region:

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

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Coagulation Analyzer Market is expected to reach USD 9.2 Billion in valuation by 2034, growing at a moderate 6.6% CAGR | FMI

The world of blood testing is clotting towards a stable future. The global Coagulation Analyzer Market is projected to witness steady growth, according to a recent market analysis. Currently valued at USD 4.8 billion in 2024, the market is expected to climb at a moderate Compound Annual Growth Rate (CAGR) of 6.6%, reaching a value exceeding USD 9.2 billion by 2034.

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Over the past decade, the healthcare sector has been expanding remarkably, following the advent of artificial Intelligence and the Internet of Things integrated medical devices. Advancements in technology have created impressive scope within the medical sector for diagnostics and therapeutics.

The report offers extensive data sets validating key trends impacting growth in the Global Coagulation Analysers Industry. It offers insights into strategies adopted by the key players and addresses the concerns that will challenge the growth of the Global Coagulation Analysers Industry. With our extensive research and information about the past, current, and future market scenario, the Global Coagulation Analysers Industry report will help and identify the concerns, for a smooth sail of small & medium as well as large enterprises.

Hemostasis analyzers are medical devices used to assess blood clotting function in patients. They measure the time it takes for blood to clot and the strength of the clot that is formed.

There are different types of coagulation analyzers, including manual and automated instruments. Manual coagulation analyzers require trained laboratory personnel to perform the test, while automated analyzers can perform tests automatically without the need for manual intervention.

Coagulation Analyzer Market: Segmentation

By Product:

Standalone Analyzers
Table Top Analyzers
Portable Analyzers

By End User:

Hospitals
Clinical Laboratories
Others

Competitive Analysis

Prominent Coagulation Analyzer Market Players

Meril Life Sciences
Robimes India Pvt. Ltd.
Bpc Biosed Srl
Hycel, Eurolyser
Helena Laboratories
Diagnostica Stago SAS
Beijing Succeeder Technology Inc.
A&T Corporation
Genrui Biotech Inc.
Bio Group Medical System
Others

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Why Future Market Insights?

Comprehensive analysis of evolving purchase patterns 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 Global Coagulation Analysers Industry
Detailed information about the product innovation, mergers, and acquisitions lined up in upcoming years
Groundbreaking research and market player-centric solutions for the upcoming decade according to the present market scenario

Author

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

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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At-home Laser Device Market expects a 10.5% compound annual growth rate to reach USD 1,458.4 Million by 2034 | FMI

The beauty industry is beaming with a new trend: at-home laser devices. According to a recent market analysis, the global At-home Laser Device Market is projected to reach a value of approximately USD 537.1 million by 2024. This upward trajectory is expected to continue, with a forecasted Compound Annual Growth Rate (CAGR) of 10.5%, pushing the market valuation to a staggering USD 1,458.4 million by 2034.

Technological advancements, such as smart features and precision targeting, enhance the efficacy and user-friendliness of these devices, attracting a broader consumer base. The rising trend of skincare and beauty consciousness further fuels the market, as consumers seek effective and convenient solutions for various skin concerns.

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Despite the industry’s growth, certain restraints pose challenges to widespread adoption. Affordability remains a significant barrier, limiting access to at-home laser devices for a broader demographic. Concerns regarding safety and effectiveness also influence consumer decisions, emphasizing the need for transparent information and regulatory standards. Additionally, the complexity of certain treatments may deter users from fully utilizing these devices.

The at-home laser devices industry presents ample growth opportunities. The global shift towards personalized healthcare and beauty solutions creates a favorable environment for the industry to tailor products to individual needs. Collaborations with skin care professionals and beauty influencers can enhance consumer trust and educate users on optimal device usage.

Integration with artificial intelligence (AI) and machine learning enhances device customization, offering personalized treatment plans based on individual skin conditions. The advent of 5G connectivity allows for real-time guidance and updates, ensuring users stay informed about the latest skincare trends and device functionalities. Multifunctional devices that address various skin concerns in one unit are gaining popularity, providing users with comprehensive skincare solutions.

“Incorporating sustainable and eco-friendly features aligns with the growing demand for environmentally conscious products, creating opportunities for innovation in the at-home laser devices market” – opines Sabyasachi Ghosh Associate Vice President at Future Market Insights (FMI).

Key Takeaways from the At-home Laser Device Market:

The at-home laser device industry in the United States is projected to expand at a steady 5.7% CAGR through 2034.
The at-home laser device industry in Australia is expected to develop at a CAGR of 6.9% through 2034.
The at-home laser device industry in China is anticipated to flourish with a CAGR of 10.8% through 2034.
The at-home laser device industry in India is predicted to expand at a staggering 11.2% CAGR through 2034.
The at-home laser device industry in Japan is poised to rise at a stable CAGR of 6.1% through 2034.
The women segment in the end-use category to grab a share of 74.8% from 2024 to 2034.
In the energy category, the low energy (less than 10J/cm²) segment to acquire a market share of 76.8% between 2024 and 2034.

Competitive Landscape of At-home Laser Device Market:

Demand has been increasing even though manufacturers of at-home laser devices are operating at maximum capacity. A growing number of consumers are adopting at-home laser devices as their knowledge expands. The at-home laser device market is fragmented, with many local, emerging, and established players.

Recent Developments in the At-home Laser Device Market:

In July 2024, a range of traditional single and multiple technology cosmetic workstations were introduced to the market by Sharp Light Technologies, a manufacturer of innovative medical and cosmetic devices. Trial Beauty, an online retailer of at-home laser beauty products, opened for business in Selfridges London in December 2024. Consequently, instead of only being able to test out Trio’s Hair Removal Laser 4X, Age-Defying Laser, and Hair Removal Laser Expertise products online, customers can now do so in-store.

Essential At-home Laser Device Manufacturers:

Alma Lasers International Candela Corporation CosBeauty Cutera, Inc Cynosure, LLC. Elos Me Fotona d.o.o. LumaRx Lutronic Lynton Lasers Ltd MLAY Philips Reckitt Benckiser Group plc Sciton, Inc Sharplight Technologies Ltd SmoothSkin Solta Medical, Inc The Procter & Gamble Company Tria Beauty Venus Concept Viora

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Key Segments:

By Energy:

Low Energy (Less than 10J/cm²) High Energy (Over 10J/cm²)

By End Use:

Women Men

By Distribution Channel:

Retail Pharmacies E-commerce Hypermarkets and Supermarkets

By Region:

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

About the Healthcare Division at Future Market Insights (FMI)

Future Market Insights (FMI) facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you to devise innovation-driven trajectories for your business.

Authored by:

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

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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Cholesterol and Lipid Test Market Expected to Grow at a 7.6% CAGR and Top USD 6.2 Billion by 2034 | FMI Study

Maintaining healthy cholesterol levels is crucial for cardiovascular health. This is reflected in the promising growth trajectory of the global Cholesterol and Lipid Test Market. According to a recent analysis, the market is expected to expand from USD 3.0 billion in 2024 to a substantial USD 6.2 billion by 2034. This translates to a robust Compound Annual Growth Rate (CAGR) of 7.6% over the next decade.

The cholesterol and lipid test industry is expanding rapidly due to rapid technological improvements and extensive cholesterol and lipids testing research & development. Similarly, the growing incidence of cardiovascular diseases will likely drive demand for cholesterol and lipid tests.

In recent years, there has been a spike in cases of cardiovascular diseases such as peripheral artery disease and coronary heart disease, which are linked to high cholesterol levels. This necessitates regular cholesterol testing to identify individuals at risk, thereby driving demand for cholesterol and lipid test products.

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Cholesterol and lipid tests allow for early detection and monitoring of cardiovascular disease risk. The rising preference of people toward opting for these tests is expected to boost the growth of the global cholesterol and lipid test market.

The expansion of the cholesterol and lipids testing sector is also being fuelled by the companies’ creative product advancements and development facilities. Since customers are not using cholesterol and lipid tests to their full potential due to consumer ignorance, businesses introducing portable cholesterol and lipid testing equipment can greatly enhance the usability of cholesterol and lipid testing.

Manufacturers are releasing portable and wearable devices with cutting-edge features such as Bluetooth connectivity, built-in ECG monitors, fitness trackers, and several other capabilities. This is expected to fuel demand for cholesterol and lipids testing tools during the assessment period.

Key Takeaways from the Cholesterol and Lipid Test Market Study-

The global cholesterol and lipid test industry is set to reach US$ 6.2 billion by 2034.
Based on product, the analyzer kits segment held around 71.4% market share in 2023.
By test type, the total cholesterol test segment is expected to rise at a 6.0% CAGR.
By application, the hyperlipidemia category is poised to exhibit a CAGR of 6.9%.
Based on end-users, the hospital segment accounted for about 28.1% of the market share in 2023.
North America dominated the global market with a market share of 31.9% in 2023.
The United States is projected to register a 6.4% CAGR through 2034.
Demand in China is predicted to increase at a 6.8% CAGR between 2024 and 2034.

“Growing prevalence of cardiovascular diseases, rising initiatives to promote a healthy lifestyle, and increasing awareness about the importance of cholesterol and lipid management are anticipated to foster the growth of the cholesterol and lipid test market during the assessment period,” says Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.)

Competitive Landscape from the Cholesterol and Lipid Test Market:

Key cholesterol and lipid test product manufacturers employ different strategies to boost their sales and expand their global footprint. These include new product launches, acquisitions, mergers, partnerships, and collaborations. Several companies are producing new cholesterol testing assay kits and reagents for quick and easy diagnosis.

Recent Development in the Cholesterol and Lipid Test Market:

In January 2022, CallonDoc released their latest at-home testing kits for the detection of several ailments, including thyroid issues, STDs, diabetes, liver, kidney, and cholesterol issues.

Top Players from the Cholesterol and Lipid Test Market:

Abbott Laboratories
AstraZeneca
LivaNova
Boston Scientific Corporation.

Get More Insights into Cholesterol and Lipid Test Market Report

Future Market Insights (FMI) offers a unique perspective and actionable insights on the cholesterol and lipid test market in its latest study, presenting a historical demand assessment of 2019 to 2023 and projections for 2024 to 2034. The global cholesterol and lipid test industry is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

The research study is based on product (test strip kits and analyzer kits), test type (total cholesterol test, HDL cholesterol test, LDL cholesterol test, triglycerides/VLDL cholesterol test, and others), application (hyperlipidemia, hypertriglyceridemia, hyperlipoproteinemia, tangier disease, familial hypercholesterolemia, and others) and end-user (clinics, hospitals, ambulatory surgical centers, homecare settings, and diagnostic centers), across seven regions of the world.

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Cholesterol and Lipid Test Market Segments

By Product:

Test Strip Kits
Analyzer Kits

By Test Type:

Total Cholesterol Test
HDL Cholesterol Test
LDL Cholesterol Test
Triglycerides/VLDL Cholesterol Test
Others

By Application:

Hyperlipidemia
Hypertriglyceridemia
Hyperlipoproteinemia
Tangier Disease
Familial Hypercholesterolemia
Others

By End-user:

Clinics
Hospitals
Ambulatory Surgical Centers
Homecare Settings
Diagnostic Centers

By Region:

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

About the Healthcare Division at Future Market Insights (FMI)

Authored by:

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

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
LinkedIn| Twitter| Blogs | YouTube