Market Research Blog – Page 1771 – New Product Development

Periodontal Market Projected to Reach USD 24.4 Billion by 2032 at a 10.4% of CAGR

The global periodontal market is poised for substantial growth, with an anticipated valuation of USD 9.1 billion in 2022, projected to expand at a robust compound annual growth rate (CAGR) of 10.4% to reach approximately USD 24.4 billion by 2032. This growth trajectory underscores rising awareness of dental health and advancements in periodontal treatment technologies worldwide.

Periodontal diseases affect the tissues surrounding and supporting the teeth, including gums and bones. The market’s expansion is driven by increasing prevalence of periodontal disorders, aging population prone to dental issues, and advancements in dental devices and treatments aimed at improving oral hygiene and treatment outcomes.

The market is growing quickly because to the rise in periodontal disorders and increased awareness of oral health. This growth is being driven by advancements in periodontal devices and treatments, as medical professionals aim to provide better care and more effective solutions for gum health.

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The American Academy of Periodontology states that the main risk factors for the development or worsening of periodontal or gum diseases are aging, smoking or tobacco use, genetic factors, stress, some medications (like oral contraceptives and antidepressants), other systemic diseases, poor nutrition or obesity, and a host of other factors.

For Instance:

In August 2021, BIOLASE, Inc. announced a clinical advisory collaboration that will promote dental laser adoption and boost the hands-on training opportunities. This collaboration was announced with Dr. L. Stephen Buchanan, who is one of the top endodontists in the world.

Key Takeaways:

Device type dominated the market with 6% market share in the product segment of the global periodontal market in 2021.
Scaling and root planing procedures accounted for 1% of the global market share in 2021.
Dental clinics segment dominated the market in 2021 with a share of 4% of the end user category of the global periodontal market.
North America dominates among the seven regions, with a market share of 4% in 2021.

“Increasing prevalence of the gum diseases and the advancements in terms of the technology used in diagnostic instruments is set to propel the sales of the periodontal market across the globe,” says an analyst of Future Market Insights.

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Market Competition

The periodontal market is highly fragmented because of the large number of players in the market both local and international. There is a broad range of products that can be categorized under the periodontal market, making it a broad market. The strategies that are majorly followed by the key players of the periodontal market include product launches and expansions.

In June 2018, LM-Instruments Oy, a subsidiary of Planmeca Oy, introduced ten new products to its LM Sharp Diamond hand instruments portfolio. It includes a sickle scaler called LM-SharpJack.
In May 2021, Sandoz, a subsidiary of Novartis AG, announced the expansion of its production capabilities in Europe to strengthen European antibiotic manufacturing.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the periodontal market in its latest study, presenting a historical demand assessment of 2015 – 2021 and projections for 2022 – 2032.

The research study is based on the product– (device type (diagnostic instruments (probes (single-sided probes and double-sided probes), mouth mirrors and explorers), treatment instruments (scalers & curettes, custom-fit trays, cleansing & polishing instruments, periodontal endoscopes, dental lasers and dental implants (endosteal implants and subperiosteal implants)) and surgical instruments) and drug type (systemic antibiotics and local antibiotics)), by procedures (scaling and root planing, gum grafting, regenerative therapy, dental crown lengthening, periodontal pocket procedures, single tooth dental implants and multiple tooth dental implants), by end user (hospitals, dental clinics, group dental practice and ambulatory surgical centers) across seven key regions of the world.

Key Market Segments Covered in Periodontal Industry Research

By Product:

Device Type
- Diagnostic Instruments
  - Probes
    - Single Sided Probes
    - Double Sided Probes
  - Mouth Mirrors
  - Explorers
- Treatment Instruments
  - Scalers & Curettes
  - Custom-Fit Trays
  - Cleansing & Polishing Instruments
  - Periodontal Endoscopes
  - Dental Lasers
  - Dental Implants
    - Endosteal Implants
    - Subperiosteal Implants
- Surgical Instruments
Drug Type
- Systemic Antibiotics
- Local Antibiotics

By Procedures:

Scaling And Root Planing
Gum Grafting
Regenerative Therapy
Dental Crown Lengthening
Periodontal Pocket Procedures
Single Tooth Dental Implants
Multiple Tooth Dental Implants

By End User:

Hospitals
Dental Clinics
Group Dental Practice
Ambulatory Surgical Centers

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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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Dental Fluoride Varnish Market Projected to Reach USD 229.3 Million by 2032 at a 3.9% of CAGR

The global market for dental fluoride varnish market is poised for steady growth, with a projected valuation of USD 156.5 million by the end of 2022 and expected to expand at a compound annual growth rate (CAGR) of 3.9% to reach USD 229.3 million by 2032. This growth trajectory highlights increasing emphasis on preventive dental care and rising awareness of oral health benefits worldwide.

Dental fluoride varnish is a topical dental treatment applied to teeth to prevent cavities and strengthen enamel. The market’s expansion is driven by growing oral healthcare awareness, advancements in dental technologies, and the adoption of preventive dental care practices among both children and adults.

The market is expanding due to growing investments in dental care advancements as well as increased awareness of oral health. Dental fluoride varnishes are essential for preventative dentistry because they provide a strong defense against dental decay and aid in maintaining good oral hygiene.

“Our research indicates that the dental fluoride varnish market is set for substantial growth over the next decade,” stated our lead market analyst. “The dominance of resin-based varnishes highlights the preference for high-quality, effective dental products among consumers and healthcare providers alike.”

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As more information becomes available, the use of fluoride varnishes as a potent dental disease preventive technique will progressively acquire acceptance. The dental fluoride varnish market is expected to be driven in the upcoming years by the fact that fluoride varnish is also inexpensive, easy to apply, and generally safe to use in the mouth.

As a result, the market for dental fluoride varnish will expand overall in the upcoming years as more people use fluoride varnish.

Key Takeaways from Market Study

Resin Based Varnish are the leading in the segment by product, and hold approximately 68.4%market value share in 2021, owed to their advantage of preventing tooth decay and demineralization of the teeth.
Children lead the dental fluoride varnish market within the age group segment with the market share of nearly 39.85 in 2021 in the global market, as they are more prone to tooth decay and caries because of irregular eating habits and more consumption of sweet food.
Europe is considered the leading region with a global market share of around 31.6% in 2021, owed to more prevalence of dental fluorosis and tooth decay among the population.
The South Asian market for dental fluoride varnish is set to project a CAGR growth of 4.5%over the forecasted years, due to more population is prone to be affected by dental caries. In Southern Asia, the frequency of childhood caries ranged from 38 to 73.7%.

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Market Competition

Key players employ several developmental strategies like collaborations and product launches to provide a comprehensive range of products to its consumers.

In January 2021, Cantel Medical Corp. and STERIS plc announced that STERIS had signed a binding contract to buy Cantel through a U.S. subsidiary. Cantel is a multinational company that primarily serves endoscopic and dentistry customers with equipment and services for infection prevention.
In May 2021, It was revealed that Colgate-Palmolive Company and 3Shape were working together to bring the Colgate Illuminator, an innovative teeth-whitening equipment customized for each patient, to dentist offices all throughout the United States. The new technology will make consultations more accurate and provide a better patient experience.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the dental fluoride varnish devices in its latest study, presenting a historical demand assessment of 2015 – 2021 and projections for 2022 to 2032. The global dental fluoride varnish market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

About Healthcare Division at Future Market Insights

Future Market Insights 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 in devising innovation-driven trajectories for your business. Know more about our sector coverage here.

Key Market Segments Covered in Dental Fluoride Varnish Industry Research

By Varnish:

Resin-Based Varnish
Polyurethane-Based Varnish

By Age Group:

Children
Adolescents
Adults

By Application:

Dental Caries
White Spot Lesions
Dental Hypersensitivity

By Distributional Channel:

Dental Clinics
Hospitals
Retail Pharmacies & Drug Stores
Online Sales

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Halal Nutraceuticals and Vaccines Market Set to Reach USD 137,390.9 Million by 2033 at a 7.6% of CAGR

The global market for halal nutraceuticals and vaccines market is poised for substantial growth, with sales estimated to reach USD 137,390.9 million by 2033, up from USD 66,266.9 million in 2023. This growth trajectory reflects a steady compound annual growth rate (CAGR) of 7.6% over the forecast period, driven by rising consumer awareness, regulatory compliance, and the expanding Muslim population.

Halal nutraceuticals and vaccines adhere to Islamic dietary laws and regulations, ensuring products are permissible for consumption and use according to religious guidelines. The market’s expansion is propelled by increasing health consciousness, dietary preferences, and the integration of halal standards into global supply chains.

“Our analysis suggests that the halal nutraceuticals and vaccines market is entering a robust growth phase,” stated our lead industry analyst. “As consumer preferences shift towards halal-certified health products, manufacturers and suppliers have a significant opportunity to expand their market presence and meet this growing demand.”

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The market for halal nutraceuticals and vaccines, which serves a global Muslim population that follows Islamic dietary regulations for both food and medicine, is at a pivotal nexus between dietary wellness and healthcare ethics. The market has experienced notable expansion due to the rising need for items that conform to the principles of Halal. Consumers can obtain functional meals, beverages, and supplements that adhere to Halal standards through the use of Halal nutraceuticals, guaranteeing that these products satisfy religious dietary restrictions.

A vital domestic good that has influenced practically every aspect of society is halal nutraceuticals and vaccines, which has created a strong and expanding global market for these products. The growing Muslim population in nations like Indonesia, Malaysia, Singapore, and other Asia Pacific countries (apart from Japan) is causing manufacturers to quickly enter various additional markets.

Over the projection period, APEJ’s booming halal-certified product demand is expected to support the industry, with an excellent market index of more than 6.2. Middle East & Africa (MEA) and Asia-Pacific (APEJ) are expected to contribute for more than 80% of the global market revenue for halal nutraceuticals and vaccines. Positive government efforts and actions to promote halal products are also expected to have a positive impact on the world market. Over the upcoming years, growth prospects should continue to be favorable due to the growing demand for halal dietary supplements. Both retail and hospital pharmacies will see strong demand.

Halal nutraceuticals and vaccines are pivotal in addressing diverse healthcare needs while adhering to Islamic dietary and ethical principles. These products cater to a global audience, combining the benefits of modern science and technology with compliance with Halal requirements, contributing to advancing healthcare accessibility and inclusivity. – Annalise by the Lead Research Analyst, FMI

Key Takeaways:

Government initiatives all over the world are expected to act favorably for the global halal nutraceuticals & vaccines market as it promote the consumption of halal products, resulting in higher demands. Furthermore, increasing demand from the Muslim population will spur the demand for halal dietary supplements.
According to the world and population trends, it has been predicted that by 2023, the world’s Muslim population will reach over 2.2 billion people across the globe. With growing awareness about halal ingredients and lifestyle disorders’ prevalence, people opt for halal dietary supplements such as general well-being, weight loss, and others.
Surging initiatives from governments of countries with vast Muslim populations are significantly encouraging investments in the production of halal products, which will improve growth. Furthermore, adopting uniform certification for halal products & increasing funds across Malaysia, India, Singapore, and other Asia Pacific excluding Japan (APEJ) countries will accelerate the growth over the forecast period.
The Malaysian government, which falls under the association of the Ministry of International Trade & Industry, developed halal products & services to promote halal products and make the country a halal hub. These initiatives are anticipated to boost market growth and provide lucrative revenue for the market players, specifically across APEJ and MEA.

Competitive Landscape:

Manufacturers are rapidly adopting various marketing strategies including new product launches, geographical expansion, mergers and acquisitions, partnerships, and collaboration to identify the interest of potential buyers and create a larger customer base.

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Key Players:

Abbott Laboratories
Nestlé
Amway
Herbalife International of America, Inc.
AJ Biologics Sdn Bhd.
Agropur, Inc.

Halal Nutraceuticals and Vaccines Market Segmentation:

By Product Type:

Halal Dietary Supplements
Halal Vaccines

By Distribution Channel:

Hospital Pharmacies
Retail Pharmacies
Online Sales
Super Markets

By Application:

Sports Nutrition
General Well-being
Immune & Digestive Health
Bone & Joint Health
Heart Health
Disease Prevention
Weight Loss

By Region:

North America
Latin America
Eastern Europe
Western Europe
Asia Pacific Excluding Japan
Japan
The Middle East and Africa (MEA)

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Liquid Biopsy Market Projected to Reach USD 10,938.6 Million by 2033 at a 21.7% of CAGR

The global liquid biopsy market is poised for significant growth, with estimates suggesting a revenue of USD 1,538.3 million in 2023 and projected to reach USD 10,938.6 million by 2033. This growth trajectory reflects a robust compound annual growth rate (CAGR) of 21.7% during the forecast period, driven by increasing adoption of non-invasive diagnostic techniques and advancements in cancer screening technologies.

Liquid biopsy involves the analysis of biomarkers, such as circulating tumor cells (CTCs) and cell-free DNA (cfDNA), extracted from blood or other bodily fluids to detect and monitor various diseases, primarily cancer. The market’s expansion is propelled by its ability to provide early and accurate diagnosis, monitor treatment response, and facilitate personalized medicine approaches.

The market for liquid biopsies is growing at a rapid pace due to several factors, including the rising incidence of cancer, the development of genetic technologies, and the rising need for less invasive diagnostic techniques. Liquid biopsies have the potential to change the field of disease identification and management, and this is a realization that both patients and healthcare providers are beginning to see.

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Liquid biopsies have become more common in recent years due to the desire for more personalized treatment options. Since liquid biopsy is widely available and reasonably priced in many labs, particularly in developing countries, its use is growing in popularity. For instance, several labs offer liquid biopsy tests.

“Key players are bringing cost reductions in liquid biopsy tests and partnering with local product distributors to strengthen their network base in target markets. Currently, a trend toward emerging economies has been spotted, as cancer cases are particularly on the rise, and a large population base provides significant opportunities in these markets,” says an FMI analyst.

Key Takeaways from the Liquid Biopsy Market Report

The North America liquid biopsy market is expected to account for a leading share of 50.84%. The United States is predicted to account for 43.8%, enjoying a dominant share in the global and regional markets.
The Europe market is anticipated to acquire a market share of 19.6% in 2023. Germany holds a prominent share in the region. In 2023, the country is predicted to amass a total of 6.6% share in the global market.
In Europe, the United Kingdom is predicted to expand at a robust CAGR of 26.4% through 2033.
In Asia Pacific, China and India display a remarkable percentage of growth, i.e., 29.7% and 24.4%, respectively, through 2033.
CTC (Circulating Tumor Cells) is projected to obtain a significant market share of 56.9% by biomarker type in 2023.
By sample type, blood sample type holds prominence in the liquid biopsy market.

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Key Developments by Liquid Biopsy Market Players

QIAGEN N.V. (the Netherlands), in May 2022, introduced a therascreen EGFR Plus RGQ PCR Kit, which is a new in vitro diagnostic test for the analysis of sensitive EGFR mutation.
Guardant Health, Inc., in June 2021, introduced Guardant360 Response test that finds variations in circulating tumor DNA (ctDNA) levels.
Hoffmann-La Roche Ltd. (Switzerland), in October 2020, gained United States FDA approval for the extended claims for cobas EGFR Mutation Test v2 to be deployed as a companion diagnostic for an extensive range of therapies to manage non-small cell lung cancer (NSCLC).
Biocept, Inc., in March 2020, agreed with a California-based Independent Physician Association (IPA) to offer its Target Selector liquid assay services to patients and physicians in the network.

Key Companies Profiled:

BIOCEPT, INC.
Qiagen N.V.
Trovagene, Inc
Janssen Global Services, LLC
MDxHealth SA
Natera, Inc
F. Hoffmann-La Roche Ltd
Silicon Biosystems
Pathway Genomics Corporation
Sysmex Corporation
Others

Key Segments Profiled in the Liquid Biopsy Industry Survey:

By Biomarker Type:

CTCs (Circulating Tumour Cells)
ctNA (Circulating tumor Nucleic Acids)
Exosomes

By Sample Type:

Blood Liquid Biopsy
Urine Liquid Biopsy
Other (Plasma, Saliva, CSF) Liquid Biopsy

By Application Type:

Liquid Biopsy for Lung Cancer
Liquid Biopsy for Gastrointestinal Cancer
Liquid Biopsy for Prostate Cancer
Liquid Biopsy for Breast Cancer
Liquid Biopsy for Colorectal Cancer
Liquid Biopsy for Leukemia

By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan
Japan
Middle East and Africa

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Digital Pathology Market Set to Reach USD 24,961.8 Million by 2033 at a 13.5% of CAGR

The global digital pathology market is poised for significant growth, projected to achieve a sizeable valuation of USD 7,035.8 million in 2023 and surge to USD 24,961.8 million by 2033. This growth trajectory represents a robust compound annual growth rate (CAGR) of 13.5% during the forecast period from 2023 to 2033, underpinned by technological advancements and increasing adoption of digital solutions in healthcare.

Digital pathology involves the digitization of pathology slides and images, enabling remote viewing, analysis, and sharing of pathology data for enhanced diagnostic accuracy and efficiency. The market’s expansion is driven by the growing demand for efficient diagnostic techniques, improved workflow management, and the integration of artificial intelligence (AI) for pathology analysis.

The market’s rapid expansion is driven by increasing adoption of digital pathology solutions in clinical and research settings, advancements in imaging technologies, and the growing demand for telepathology services. As healthcare providers and laboratories continue to embrace digital transformation, the digital pathology market is set to play a pivotal role in advancing patient care and medical research.

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The digital pathology market is set to redefine the future of diagnostics, offering unparalleled benefits in terms of speed, accuracy, and accessibility. As healthcare providers increasingly turn to digital solutions to enhance diagnostic capabilities, the market is poised for substantial growth. This evolution in pathology not only streamlines the diagnostic process but also ensures better patient outcomes through early and precise detection of diseases.

Medical professionals, industry stakeholders, and investors are invited to explore the vast opportunities within the digital pathology market. The next decade promises significant advancements and growth, positioning digital pathology as a cornerstone of modern medical diagnostics.

Surge in R&D in Digital Pathology to Augment Sales in Forthcoming Years

In recent years, the digital pathology industry has increased investments in biosimilar research and development initiatives, primarily for cancer treatment and Covid-19 treatment, which have substantially fuelled the market expansion.

Contract Research Organizations (CROs), in-vitro diagnostics (IVD) laboratories, clinical laboratories, and regulatory consultants are being assigned biosimilar development responsibilities by pharmaceutical corporations. These enterprises are developing in order to provide more cost-efficient solutions to their customers, requiring the use of digital pathology instruments to diagnose, research, and design effective healthcare solutions.

Cancer diagnostic Opens New Avenues for Digital Pathology Companies

Due to the sheer increasing occurrence of cancer, there is an increase in spending on digital pathology equipment. Complications arising from late cancer diagnosis, particularly in the case of blood cancer and lung cancer, necessitate the use of significant capital resources during therapy and diagnosis. The success of digital pathology in research is driving demand for these systems in the cancer research industry. This is also encouraging government investors to invest in digital pathology systems for clinical diagnosis. A significant amount of money is spent on cancer diagnosis and therapy monitoring. This explains why digital pathology solutions are in high demand.

Competitive Landscape

Danaher Corporation
F. Hoffmann-La Roche AG
Huron Technologies International Inc.
Koninklijke Philips N.V.
Olympus Corporation
Hamamatsu Photonics K.K.
Carl Zeiss AG
Nikon Corporation
3DHISTECH Ltd.
Hologic Inc.
PerkinElmer, Inc.
Visiopharm
OptraSCAN, Inc.
Inspirata, Inc.
Sectra AB

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Some of the recent developments in digital pathology market are as follows:

In May 2021, Leica Biosystems joined the European Society for Digital and Integrative Pathology (ESDIP) to assist pathology labs in developing laboratories in accordance with modern digital pathology instruments.
In March 2021, Roche inked a comprehensive merger agreement with GenMark Diagnostics to broaden its product and distribution channel for European consumers.

Key Segments:

Digital Pathology by Product Type:

Digital Pathology Equipment
Whole Slide Scanners
Brightfield Slide Scanners
Fluorescence Slide Scanners
Combination Slide Scanners
Clinical Microscope
Tissue Microarrays
Digital Pathology Software
Image Viewing and Analysis Software
On-premise
Cloud-based
Digital Pathology Information Systems
On-premise
Cloud-based
Digital Pathology Services
Installation and Integration Services
Consulting Services
Maintenance and Validation Services

Digital Pathology by Application:

Clinical Pathology
Molecular Diagnostics
Basic & Applied Research
Drug Development
Others

Digital Pathology by End User:

Hospitals
Diagnostic Laboratories
Pharmaceutical & Biotechnology Companies
Forensic Laboratories
Research Institutes
Contract Research Organizations (CROs)
Clinics

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Auto-Injectors Market Poised for Remarkable Growth, Projected to Reach USD 67,200.1 Million by 2033 at a 8.2% of CAGR

The global auto-injectors market is poised for substantial growth, with projections indicating a robust market share of USD 30,578.2 million by 2023, expanding to an impressive USD 67,200.1 million by 2033. This anticipated surge highlights the market’s critical role in the healthcare industry, facilitating the effective administration of medical treatments.

Auto-injectors have emerged as essential devices for delivering medications swiftly and accurately, ranging from life-saving drugs to biologics. The market is expected to grow at a commendable compound annual growth rate (CAGR) of 8.2% from 2023 to 2033, reflecting increasing reliance on these devices across various therapeutic areas.

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As the global healthcare landscape evolves, the demand for efficient, user-friendly drug delivery systems like auto-injectors continues to expand. The projected market growth underscores the critical role of auto-injectors in enhancing patient outcomes and streamlining medical procedures.

“The growing adoption of auto-injectors among healthcare experts is opening up intriguing possibilities for their application in diverse medical scenarios.”- says an FMI analyst

The development of connected and smart auto-injectors is a major trend in the automotive industry. These gadgets improve treatment monitoring and patient engagement by sending usage data and patient information to healthcare providers. Furthermore, home-use auto-injectors are becoming more and more common, enabling patients to effortlessly administer their own prescriptions. Pharmaceutical companies and auto-injector manufacturers are working together to create co-branded devices for certain treatments, which guarantees precise and user-friendly drug administration.

Key Takeaways from the Auto-Injectors Market:

Prefilled auto-injectors dominate the market, commanding an impressive share of 86.30% in 2023.
The anaphylaxis indication Segment exhibits remarkable strength, capturing an overwhelming share of 88.7% in 2023.
The United States auto-injectors market boasts a substantial share of 29.10% in 2023.
Germany established a notable market share of 8.80% in 2023.
Japan claims a respectable market share of 1.60% in 2023.
Australia secures a significant market share of 5.60% in 2023.
China showcases its market prowess with a substantial share of 8.00% in 2023.
India also feels its impact with a substantial market share of 8.30% in 2023.

Key Players in the Auto-Injectors Market Striving for Better Revenue Prospects

The auto-injectors industry boasts a highly competitive landscape with several prominent players vying for market share. Some notable participants include Becton, Dickinson, Company, Sanofi, Pfizer, Inc., Mylan N.V., and Novartis AG. These companies have established their dominance through innovative product offerings and strategic partnerships. Moreover, their extensive global presence enables them to cater to a wide range of therapeutic areas and patient populations.

Another key trend in the competitive landscape is the formation of strategic collaborations between pharmaceutical companies and auto-injector manufacturers. This collaboration results in co-branded devices for specific medications, ensuring precise and user-friendly drug delivery.

This approach has created a win-win situation, with pharmaceutical companies gaining a competitive edge by offering differentiated delivery solutions and auto-injector manufacturers benefiting from increased product demand. As the industry continues to evolve, these partnerships are expected to shape the competitive landscape further, driving innovation and expanding market reach.

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Key Companies in the Market:

Becton, Dickinson, and Company
Sanofi
Pfizer, Inc
Mylan N.V.
Novartis AG
Bayer AG
Janssen Global Services, LLC
Antares Pharma, Inc.
Amgen Inc
Eli Lilly and Company
Teva Pharmaceutical
Merck KgaA
GlaxoSmithKline plc
Ypsomed
SHL Medical
Gerresheimer AG
Midas Pharma GmbH
Aptar Pharma
Solteam Medical
Stevanato Group
E3D
West Pharmaceutical Services, Inc

Key Segments:

By Product:

Prefilled Auto-Injectors
Fillable Auto-Injectors

By Indication:

Anaphylaxis
Multiple Sclerosis
Rheumatoid Arthritis
Others

By Distribution Channel:

Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Drug Stores

By Region:

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

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Kids Sports Equipment and Accessories Market, Totaling Around USD 5,465.6 Million by 2033

In 2023, the global kids sports equipment and accessories market is expected to reach a valuation of USD 3,519.5 million. The growth of the sports equipment and accessories market can be attributed to the rise in fitness and sports consciousness around the globe, along with an increase in expenses on sports education and development among children.

Between 2023 and 2033, the market for kids sports equipment and accessories is expected to grow at a notable CAGR of 4.5%, reaching approximately USD 5,465.6 million by the end of 2033.

As the disposable incomes of both parents and carers have increased, they have been able to spend more money on top-notch sports equipment for their kids. The market is positioned to prosper and meet the changing needs of young athletes and fitness enthusiasts as a result of these convergent forces.

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Key Takeaways

China and India are leading the pack with phenomenal growth rates of 5.9% and 4.0%, respectively. They are flourishing in the Land of Opportunities. These nations’ large populations and expanding disposable incomes offer the market for children’s sports gear and accessories with attractive potential.
Australia’s Athletic Ascent: With a strong 5.2% CAGR, Australia exhibits exceptional development potential. The demand for sports gear and accessories is driven by the nation’s strong emphasis on sports and active lives, as well as growing awareness of the value of children’s fitness.
Germany and the United Kingdom: Ongoing Enthusiasm at 3.5% and 3.6%, respectively, are the constant growth rates in Germany and the United Kingdom. These developed markets have a long-standing interest in children’s sports, which is fueled by a strong sports culture, a focus on physical exercise from the parents, and access to high-quality facilities.
Growing Sports Interest in Japan: Japan’s growth rate of 4.0% is encouraging. The demand for kids’ sports gear and accessories is noticeably increasing as the country continues to prioritize sports participation and encourage child participation in physical activities.
The United States is making steady progress, with a growth rate of 2.7%. Despite facing fierce competition from sedentary lifestyles and digital entertainment, the country’s steadfast efforts to encourage kids’ sports and fitness have helped to continue growth.

Competitive Landscape

Numerous important reasons contribute to the fierce competition in the market for kids sporting goods and accessories. The need for related equipment has increased as kids’ sports and fitness have grown in popularity. The market’s competitiveness is further fueled by parents’ increasing awareness of the advantages of sports engagement for their kids.

The increase in discretionary income enables parents to spend more on premium sporting goods. Consumer alternatives are increased as a result of the rising popularity of internet purchasing, which increases competition. Further, the emergence of cutting-edge technology, like smart sportswear, opens up new market opportunities by luring customers with sophisticated features and performance-tracking capabilities. Companies work hard to stand out in this competitive environment and cater to the changing needs of young athletes.

Nike

A well-known brand in the sportswear sector. The business sells a variety of kids’ sporting goods, including apparel, equipment, and footwear for different sports. Nike is renowned for its premium goods and cutting-edge styles.

Adidas

Another well-known brand in the world of sportswear is Adidas. Similar to Nike, the brand provides a large selection of kids’ sporting goods and accessories. Adidas is renowned for both its fashionable designs and competitive pricing.

Puma

Puma is a global German firm that creates and produces sportswear, accessories, and footwear. The business sells a variety of kids’ sporting goods, including apparel, equipment, and footwear for different sports. Puma is renowned for its chic styles and cozy fits.

Under Armour

Sports clothing, footwear, and accessories are designed, developed, marketed, and distributed by the American multinational firm Under Armour. The business sells a variety of kids’ sporting goods, including apparel, equipment, and footwear for different sports. Known for its moisture-wicking materials and performance-improving technology, Under Armour

As many youngsters actively participate in physical activities, the popularity of sports and fitness among kids is fueling strong demand for sports equipment and accessories, generating a vibrant industry. The demand for sports equipment and accessories is rising as parents are willing to spend money on getting their kids high-quality gear thanks to rising disposable incomes and more parental knowledge of the advantages of sports.

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Key Segments of Kids Sports Equipment and Accessories Industry Survey

By Sports:

Outdoor
Indoor
Fitness
Soccer
Cricket
Baseball
Netball
Tennis
Badminton
Table Tennis
Carom
Air Hockey
Other

By Fitness Equipment and Accessories:

Sports Machines
Sports Bench
Light Weight Dumbbells
Other

By Age Group:

For 6 to 9-Year-Olds
For 10 to 12-Year-Olds

By Price:

Low Priced
Medium Priced
High Priced

By Distribution Channel:

Sales via Offline Markets
Sales via Online Retailing Markets
Sales via Exclusive Stores
Sales via Sports Equipment Stores
Sales via Other Distribution Channels

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Atrial Appendage Occluder Market is expected to reach USD 8,193.0 Million at a 23.6% CAGR By 2033 | FMI Study

The future of stroke prevention is looking bright – thanks to a rapidly growing Atrial Appendage Occluder Market. This innovative medical technology is poised for massive expansion, with a projected market value of USD 983.5 million in 2023 expected to skyrocket to a staggering USD 8,193.0 million by 2033. This signifies a remarkable Compound Annual Growth Rate (CAGR) of 23.6% over the next decade.

The left atrial appendage (LAA), also known as the atrial appendage, is an ear-shaped pouch situated in the upper left chamber of the human heart, the left atrium. Regardless of its structure, the function of LAA is unknown. Individuals with arrhythmic cardiovascular diseases, such as atrial fibrillation, may have blood accumulation in the LAA, resulting in the production of blood clots that, if they enter the bloodstream, can cause deadly strokes.

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To avoid such difficulties, in addition to oral anticoagulants, an occluder can be used to permanently block off the LAA. Atrial appendage occlusion, which includes inserting a plug into the appendage, is a potential approach for protecting patients’ cardiovascular health.

According to a recent study published in the journal Clinical Medical Insights: Cardiology, atrial fibrillation affects about 2% of the global population, with the disease’s incidence expected to rise fivefold over the next four decades, particularly in the United States due to its growing elderly population.

Atrial Appendage Occluder Market: Drivers and Restraints

The increased number of cardiovascular patients diagnosed with thromboembolism and atrial fibrillation worldwide is driving the global market for Atrial Appendage Occluders. Sedentary lifestyles and accompanying diseases such as diabetes, obesity, and hypertension have further increased demand for such devices, paving the way for market expansion.

However, the restricted usage of LAA occluders in patients at high risk of stroke and bleeding while on anticoagulant medication may limit market expansion. Furthermore, the implantation and removal of the device can result in complications such as tissue erosion, which may necessitate open-heart surgery, restricting market growth. Furthermore, unfavorable laws governing endocardial LAA closure have stifled industry expansion.

Atrial Appendage Occluder Market: Overview

With only a few competitors, the global Atrial Appendage Occluder market is extremely consolidated. According to the World Health Organisation (WHO), over 15 million strokes occur worldwide each year. In 2010, the US spent around $53.9 billion on health care services, medications, and lost work days due to a heart attack.

Ischemic strokes, which occur when blood circulation to the brain is disrupted, account for approximately 87% of all strokes. Stroke is the third leading cause of death and the leading cause of long-term disability. Atrial fibrillation is responsible for around 20% of ischemic strokes.

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Atrial Appendage Occluder Market: Region-wise Outlook

North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, and the Middle East and Africa are the geographical segments of the Atrial Appendage Occluder Market. The North American market now leads the global industry, owing mostly to its vast elderly population.

Atrial Appendage Occluder Market: Key Players

The key players in the global Atrial Appendage Occluder Market include Appriva Medical Inc., Boston Scientific, St. Jude Medical, SentreHEART Inc, pfm medical ag., Occlutech, W. L. Gore & Associates, Inc., Cardia, Inc. and AtriCure, Inc.

Key Segments Profiled In The Atrial Appendage Occluder Market Survey

Type of indication:

Non-valvular Atrial Fibrillation

The procedure of positioning of the device:

Endocardial
Epicardial

End-user:

Hospitals
Clinics

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Bird Feeding and Water Suppliers Market Takes Flight to Reach US$ 7,815.8 million by 2033, CAGR of 4.1%

The bird feeding and water suppliers market is expected to soar to new heights, with a projected valuation of US$ 7,815.8 million by 2033. This upward trajectory signifies a steady CAGR (Compound Annual Growth Rate) of 4.1% over the next decade, according to data by Future Market Insights (FMI).

The global bird feeding and water suppliers market has been expanding due to rising demand for bird feeders due to the increasing popularity of keeping birds as pets, rising pet humanization, and raising awareness of the health advantages of having a pet friend. Increased single-parent households caused by urbanization have also contributed to the desire for birds as pets.

The growing popularity of aviculture, gardening, and avitourism in recent years has contributed to a surge in curiosity about birds and the practice of providing food for wild birds.

The environment-friendly bird feeders concept is emerging as a major trend globally. High-quality bird feeders are made of polycarbonate. They are durable and also biodegradable. Wood bird feeders are durable and can easily withstand weather conditions when one hangs them outside.

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As a welcome diversion from the stresses of everyday life, gardening is a popular pastime amongst people of all ages and backgrounds. Another factor that could threaten bird populations is the loss of greenery and forest cover.

Feeders can be placed in strategic areas near water sources to solve this problem. This is what is driving the global bird feeding and water suppliers market. Moreover, the increase in the “bird adoption” rate has significantly aided the growth of the bird feeding and watering suppliers. As a result, a new variety of bird feeders has been introduced in the global market, varying in sizes, shapes, other qualities etc.

Key Takeaways from the Bird Feeding and Watering Suppliers Market Study:

In the last two to three years’ e-commerce sites have contributed majorly to the bird feeding and watering suppliers market
Rising bird adoption in developed countries is anticipated to drive thedemand for bird feeding and water suppliers during the forecast period.
Bird feeding also contains a sort of health advantages for people. Bird feeding relieves stress and provides relaxation. Furthermore, consumers who enjoy gardening embrace the practice of bird feeding with bird feeders and enhance their experience by installing the feeders in their gardens. This is often expected to drive the bird feeding and water suppliers market during the forecast period.
Manufacturers are investing in research and development to expand their product portfolio by offering customers different types and sizes of bird feeders.

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Who is leading?

The leading manufacturers of bird feeding and water suppliers are focused on sustainability of the environment that have driven the sales of bird feeding and water suppliers globally.

Some of the recent developments include:

As of July 2022, a window-mounted, height-adjustable bird feeder was available from Meripac, a British business specialising in items for caring for wild birds. The maximum size of bird able to get the seeds can be customised by the owner. The Window Bird Feeder offered by this manufacturer features a metal cage with pigeon guards and apertures of several sizes.
Central Garden & Pet, a market leader in both the gardening and pet supply industries, purchased D&D Commodities Ltd., a manufacturer of high-quality bird food, in July 2021. By acquiring the latter, the former may increase the variety of bird food it offers and strengthen its ties to major merchants.

Major players present in the bird feeding and water suppliers market are Aspects Inc, Bird Quest LLC, Bird-Feeder Inc, CB Member LLC, Central Garden & Pet Company, First Nature Products Company, Harris Farms, LLC Kaytee Products Inc, Kettle Moraine Woodworking Inc, WoodLink Ltd, First Nature Products, Perky pet, Songbird Essentials, Stokes Select, Aspects Inc, Farm innovators, Little giant, Wonderland, Droll Yankees and Birds Choice among others.

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Future Market Insights, in its new offering, provides an unbiased analysis of the global bird feeding and watering suppliers market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022 to 2032. The study divulges compelling insights on the bird feeding and watering suppliers market based on by types (tube feeders, hopper feeders, window feeders, platform feeders and others), by material (plastic, metal, polycarbonate and others) by price range (low, medium, and premium), by sales channel (e-commerce websites, company owned websites, hypermarkets and supermarkets, specialty stores and other retail stores) & region

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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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3D Surgical Microscope Systems Market is expected to be valued USD 3,204.8 Million by 2033, Driven by a 10.2% CAGR | According to FMI

The future of surgery is getting clearer. The global 3D Surgical Microscope Systems Market is on track for a remarkable surge, with a projected market value of USD 3,204.8 million by 2033. This signifies a significant increase from USD 1,212.4 million in 2023. Throughout this forecast period, sales of 3D surgical microscope systems are expected to climb at a noteworthy Compound Annual Growth Rate (CAGR) of 10.2%.

An optical magnifying device that operates mechanically or electrically and is used to perform microsurgeries in surgical settings is called a 3D surgical microscope system. In addition, the combination of focus points provides stereoscopic vision, 4x–40x magnification, and a clearer image of the surgical area. It has taken the place of the conventional slide and microscope workflow.

Heightened demand for better diagnostic techniques coupled with rising disease incidences and infection rates, government funding, increasing investments in healthcare, and persistent research and development efforts promote market growth for the Global 3D Surgical Microscope Systems Industry.

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With the development of technology nowadays, surgical equipment is also being updated and modernized. Today’s surgical magnifying instruments can be fixed on a stand, placed on the operating table, or worn by the surgeon. With the use of these tools, the specialist can view the surgical site more clearly. As a result, 3D surgical microscope systems are used in a variety of specialties, including dentistry, gynecology, urology, ophthalmology, neurosurgery, spine surgery, cancer, reconstructive procedures, and many more. This is encouraging for the future market for 3D surgical microscope systems. Other factors that boost the market sales are the increasing number of ophthalmic and dental surgeries, the rising popularity of 3D surgical microscope systems in diagnostic centers, hospitals, research organizations, etc., as well as the progression in customized microscopy solutions and healthcare facilities.

“Rising adoption of fluorescence picture-guided surgery (FIGS) and the improved perception power, compactness, and steadiness provided by Global 3D Surgical Microscope Systems Industry are likely to supplement the market growth over the forecast period,” says Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.).

3D Surgical Microscope Systems Market Key Takeaways:

Rising demand from multiple end-users to stimulate market possibilities.
High capital investment may hamper the market prospects for 3D surgical microscope systems.
Adoption of technological advancements to boost market growth in North America.
Increasing patient pool drives the 3D surgical microscope systems market in Europe.
The start-up environment in the 3D surgical microscope systems market is likely to have a positive influence on future prospects.

3D Surgical Microscope Systems Market Competitive Landscape

Leica Microsystems, Olympus Corporation, TrueVision 3D Surgical, Inc., Alcon, Carl Zeiss Meditec AG, Chammed Co., Ltd., Seiler Instrument, Inc., Hagg-Streit Surgical GmbH, Synaptive Medical, Topcon Corp., Takagi Seiko Co., Ltd., Hagg-Streit Surgical GmbH, Synaptive Medical, ARI Medical Technology Co., Ltd., and others are some of the major players in the Global 3D Surgical Microscope Systems Industry profiled in the full version of the report.

Major market players are focusing on utilizing new technologies to gain a competitive edge. These businesses employ tactics like strategic mergers and partnerships with other companies and academic institutions.

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Key Segments Profiled in the 3D Surgical Microscope Systems Market Survey

Product Type:

Ear, Nose, Throat (ENT) Microscopes
Ophthalmic Microscopes
Colposcopy
Others

Application:

Neuro and Spine Surgery
Plastic and Reconstructive Surgery
Oncology
Ophthalmology
ENT Surgery
Gynecology and Urology
Dentistry

End Users:

Hospitals
Diagnostic Laboratories
Research Organizations
Research Institutes
Others

Author

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 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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