Bird Cages and Accessories Market Set to Expand with a 5% CAGR by 2032 | Report By FMI

According to FMI research, the bird cages and accessories market is estimated at US$ 2.5 billion in 2022 and is projected to reach US$ 4.1 billion by 2032. The market is expected to grow at a CAGR of 5% during the forecast period.

The bird cages and accessories market is forecasted to advance due to a surge in pet adoption rates across both developed and developing nations. Increased demand for decorative cages is anticipated to be a significant driver for market growth. Additionally, the rising disposable income and improved standard of living among consumers are poised to exert a positive influence on the market.

The burgeoning e-commerce sector, coupled with a wide array of cage options and accessories, is expected to have a favorable impact on the pet supplies and bird cages and accessories market. Consumers prioritize strong, non-toxic, and easy-to-clean bird cages in their purchasing decisions.

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Additionally, in the present days manufacturers pay more attention to product quality. For the assurance of this, they are using high quality products so that these organizations would provide cage and accessories free from toxic materials natural environment for their soft bodies. This may raise the sales of bird cages and accessories during forecast period.

However, if there is a sub niche which has greatly furthered the growth of the market, it is the poultry cages segment. There has been an increase in the consumption of poultry products as they ensure a healthy body.

Another reason why the poultry cages are a huge source of revenue for the market is because people can afford to start a business in this niche because of the requirement of low capital.

Thus, from the insights presented by FMI, it can be inferred that an increase in the disposable income, coupled with the rise of the poultry cage market, and many other factors are expected to drive the bird cages and accessories market.

Competitive Landscape

The key players are making the best use of the available technology to manufacture top quality products. Additionally, the market is also experiencing a number of mergers and acquisitions because of a variety of reasons, some of which are product diversification, and entering into new regions.

Some of the recent developments are:

  • In May 2022, Prevue Pet Products received the prestigious Vanguard award for avian merchandising.
  • In July 2022, Salmet had developed SalProgress+, which is a unique way of installing a wide array of sensors and other data collectors in poultry farms.

Key Companies Profiled in Bird Cages and Accessories Market

  • Prevue Pet Products
  • Qiheng Pet Products Manufactory Co Ltd Company
  • A&E
  • Mcage
  • Entirelypets
  • Beruru
  • vidaXL
  • Big Dutchman
  • Hellmann Poultry GmbH & Co. KG
  • Jansen Poultry Equipment
  • Potters Poultry
  • SALMET GmbH & Co. KG
  • Fienhage. Poultry Solutions
  • VENCOMATIC BV
  • ROXELL
  • Petco

Key Takeaways

  • The bird cages and accessories market is expected to grow at a CAGR of 5% during the forecast period.
  • The bird cages and accessories market has a valuation of US$ 2.5 billion as on 2022.
  • By 2032, the market is expected to reach a valuation of US$ 4.1 billion.
  • North America is the largest bird cages and accessories market, and had a market shared of 21% in 2021.
  • Europe is expected to be one of the most significant markets.
  • Asia Pacific is expected to be the fastest growing bird cages and accessories market during the forecast period.
  • Based on type, the cages segment has the highest bird cages and accessories market share.
  • Based on the sales channel, the online retailers segment has the highest market share.
  • Based on price range, the premium segment has the highest market share.

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Bird Cages and Accessories Market by Category

By Type:

  • Cages
  • Perches
  • Travel carriers
  • Others

By Price type:

  • Economic
  • Medium
  • Premium

By Bird Type:

  • Small birds
  • Large birds

By Sales Channel:

  • Wholesalers/ Distributors
  • Hypermarkets/ Supermarkets
  • Specialty Stores
  • Pet shops
  • Online Retailers
  • Other Sales Channel (Direct Sales, Independent Stores, Departmental Stores)

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • THING
  • 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.

Contact Us:       

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T: +1-845-579-5705
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Multi-channel Remote ECG Monitors Market to Reach USD 313.7 Million by 2033, with a CAGR of 4.8% | FMI Study

Multi-channel Remote ECG Monitors Market
Multi-channel Remote ECG Monitors Market

The way we monitor heart health is undergoing a revolution, with a surge in Multi-channel Remote ECG Monitors Market. A recent report by Future Market Insights (FMI) forecasts this market to reach a value of USD 313.7 million by 2033, up from USD 187.8 million in 2022. This translates to a projected Compound Annual Growth Rate (CAGR) of 4.8% over the next decade.

The surge in demand for multi-channel remote ECG monitors can be attributed to the industry’s unwavering commitment to the rapid identification of abnormalities, ensuring timely and effective treatment. Noteworthy industry players are strategically focusing on expanding and diversifying their market share, while simultaneously attracting new clients by seizing available business prospects.

In a world grappling with the global burden of heart disease, a leading cause of increased mortality and physical impairment, the significance of timely detection and intervention cannot be overstated. Researchers, in their pursuit of revolutionary healthcare solutions, have identified the multi-channel remote ECG monitor as a game-changer.

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Multi-channel Remote ECG Monitors’ major job is to detect electrical impulses and display them on a monitoring device screen, with accuracy and speed being critical variables. The recently announced multi-channel remote ECG monitor received FDA authorization, which has had a considerable economic influence on the market for ECG monitor devices. This technology represents an important milestone in wireless cardiac monitoring and can potentially improve patient care by giving healthcare professionals and patients continual information.

As the rate of cardiac death among both young and old individuals rises, so will the demand for Multi-channel Remote ECG Monitors. These technologies can lower the chances of cardiac arrest by offering remote monitoring, wireless functionality, and a faster procedure. Traditional ECG monitors with wires and nodes that require lengthy hospital stays are being phased out in favour of modern Multi-channel Remote ECG Monitors, which are expected to dominate the market throughout the forecast period.

Multi-channel Remote ECG Monitors are dependable, wireless, and suitable for detecting atrial fibrillation and other arrhythmias that are frequently quiet and intermittent. According to the American Heart Association, heart disease and stroke cause around 17.3 million deaths in the United States each year, with this figure anticipated to climb to 23.6 million by 2030. The multi-channel remote ECG monitor is intended to help busy clinics and healthcare professionals with their everyday work, and it is affordable in both developing and developed countries.

Multi-channel Remote ECG Monitors Market: Drivers and Restraint

According to the Centres for Disease Control and Prevention, between 2.7 million and 6.1 million persons in the United States have Atrial Fibrillation, with this figure expected to rise as the population ages. In the United States, the annual cost of atrial fibrillation is estimated to be $6 billion. The Global Multi-channel Remote ECG Monitors Industry is predicted to develop as the prevalence of cardiovascular illnesses rises, along with technical advancements in ECG monitoring devices and increased awareness of lifestyle diseases.

Improving global population health, utilizing information technologies in medicine, and manufacturing medical devices are expected to drive growth in the Global Multi-channel Remote ECG Monitors Industry. However, challenges such as reimbursement scenarios, the availability of alternative ECG monitors, and other factors may hinder market growth.

Global Multi-channel Remote ECG Monitors Industry: Overview

Companies are focusing on collaboration, acquisition, and merger by various manufacturers to expand their technology to gain insight in the diagnosis and monitoring of the cardiac patient. Rising incidences of cardiovascular diseases, government funding to initiate research and development in the ECG monitoring devices market, and rising incidences of cardiovascular diseases are all contributing to the growth of multichannel remote ECG monitors.

Multi-channel Remote ECG Monitors Market: Key Market Participants

The key players in the Global Multi-channel Remote ECG Monitors Industry are Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Nihon Kohden Corporation, Omron Corporation, OSI Systems Inc., Koninklijke Philips N.V., F. Hoffmann-La Roche Ltd., Welch Allyn, Smiths Medical, Abbott, Boston Scientific Corporation, Dräger Medical, GE Healthcare, Honeywell, Johnson & Johnson, LifeWatch, Medtronic, Masimo, Vitls, Inc., CareValidate, Biotronik, American Telecare, ZOLL Medical Corporation, Minerva Imaging, Boston Scientific Corporation, Baylis Medical Company, Altaris Capital Partners LLC., Itamar Medical Ltd., Asahi Kasei Company, BK Medical, Peerbridge Health, Omron, Alivecor, VivaLnk, etc.

Multi-channel Remote ECG Monitors Market Key Segments

By Type:

  • Wired Multi-Channel Remote ECG Monitor
  • Wireless Multi-Channel Remote ECG Monitor

By Application:

  • Hospitals
  • Clinics
  • Lifestyle

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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.

About Future Market Insights (FMI)

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

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Pet Tick and Flea Prevention Market: Forecasting USD 14,812.3 Million Revenue by 2034

The pet tick and flea prevention market is anticipated to reach a value of USD 9,722.5 million in 2024, with the industry projected to grow at a CAGR of 4.3% over the next ten years. By 2034, revenue in this sector is expected to soar to USD 14,812.3 million. The main factors driving this growth include the increasing adoption of pets and a rise in the occurrence of zoonotic diseases.

  • The rise in pet ownership, particularly abroad, has led to increased demand for various types of pets, positively impacting the market value.
  • Adoption of pets is often attributed to their ability to alleviate depression, making the process appealing to many individuals.
  • Pet humanization, where pets are treated as family members, encourages owners to prioritize their pets’ well-being, including their diet.
  • This trend creates significant market potential for products that cater to the health and nutrition needs of pets.
  • The increasing incidence of zoonotic diseases highlights the importance of tick and flea control products for pets to minimize the spread of such diseases.
  • Consequently, there is expected to be a rise in demand for pet tick and flea prevention products in the near future.
  • Governments and corporations worldwide are initiating awareness programs to educate pet owners about the significance of tick and flea prevention for maintaining both pet and owner health.
  • Disposable income levels play a crucial role in increasing demand for pet tick and flea prevention products, as owners are more financially capable of accessing these services.

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Thus, from the insights provided by FMI, it can be concluded that increasing concern regarding pet health, coupled with increase in the adoption of pet animals, and plenty of other factors are expected to drive the pet tick and flea prevention market during the forecast period.

Key Takeaways:

  • The pet tick and flea prevention market is expected to grow at a CAGR of 4.3% during the forecast period.
  • The pet tick and flea prevention market has a valuation of USD 9,722.5 million as on 2022.
  • By 2034, the market is expected to reach a valuation of USD 14,812.3 million.
  • North America is currently the largest pet tick and flea prevention market.
  • Europe is the second largest market.
  • Asia pacific is expected to be the fastest growing market.
  • Based on the product, the spot on product is expected to have the largest pet tick and flea prevention market share during the forecast period
  • Based on the sales channel, E-commerce is expected to be the largest segment in the market during the forecast period
  • Based on the animal segment, dogs are expected to have the highest market share during the forecast period.

Competitive Landscape in the Pet Tick and Flea Prevention Market:

The pet tick and flea prevention market is currently experiencing a number of mergers and acquisitions. Apart from that, the key players are investing in the Research and development to manufacture the best quality products.

Key Companies Profiled in the Pet Tick and Flea Prevention Market

Key Companies Profiled in the Pet Tick and Flea Prevention Market are

  • Boehringer Ingelheim Group
  • Ceva Sante Animale S.A.
  • Ecto Development Corporation
  • Eli Lilly and Company
  • Merck Animal Health (Merck & Co., Inc.)
  • Sergeant’s Pet Care Products, Inc.
  • The Hartz Mountain Corporation
  • Virbac Corporation
  • Wellmark International, Inc.
  • Central Life Sciences
  • Advanced PetCare of Northern Nevada
  • Penn Veterinary Supply, Inc.
  • Petsburgh Pet Care Inc.
  • Pipestone Veterinary Services
  • Precious Pet Services Pvt. Ltd.
  • SPC Pet India

Some of the recent developments are in the pet tick and flea prevention market:

  • In July 2022, Boehringer Ingelheim, Evotec, and bioMerieux collaborated to launch Aurobac, which will mainly work to fight antimicrobial resistance.
  • In May 2022, Ceva Sante Animale expanded oral rabies vaccine portfolio with the acquisition of Canadian firm Artemis Technologies.

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Pet Tick and Flea Prevention Market by Category

By Product:

  • Oral pills
  • Spray
  • Spot on
  • Powder
  • Shampoo,
  • Collar
  • Other products (Injection, Drops, and Dips)

By Animals:

  • Dogs
  • Cats
  • Other animals (Mice, Rats etc.)

By Sales Channel:

  • E-commerce websites
  • Company websites
  • Specialty stores
  • Pharmacy stores
  • Mega retail stores
  • Others (Individual Stores, Departmental Stores, etc.)

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.

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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Focused Ultrasound System Market is anticipated to expand at a 6.1% CAGR and reach an incredible USD 13.28 Billion by 2033 | FMI

Focused Ultrasound System Market
Focused Ultrasound System Market

The medical landscape is embracing a transformative technology Focused Ultrasound System Market, driven by the growing preference for minimally invasive procedures, which is projected for significant growth. A recent report by Future Market Insights (FMI) forecasts a remarkable trajectory, with the market reaching a staggering USD 13.28 billion by 2033. This signifies a disruptive Compound Annual Growth Rate (CAGR) of 6.1% from 2023 to 2033.

Focused Ultrasound System Market: Overview

The Global Focused Ultrasound System Industry is majorly driven by increasing patient compliance with non-invasive treatment procedures. By technology, the focused ultrasound system market is expected to be dominated by the MR-guided focused ultrasound system segment due to its high efficiency as compared to others. By application, the Global Focused Ultrasound System Industry is expected to be dominated by the oncology segment due to a high number of procedures. By end users, the Global Focused Ultrasound System Industry is expected to be dominated by the hospital segment due to high patient footfall for the treatment.

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Focused Ultrasound System Market: Drivers and Restraints:

The Global Focused Ultrasound System Industry is majorly driven by the non-invasive and site-specific nature of the treatment of various diseases without affecting the surrounding tissues. The treatment with a focused ultrasound system requires around 2 to 4 hours only without the need for analgesia which in turn further increases patient compliance and ease of treatment procedure fueling the growth of the market.

The reduced time or no time of inpatient stay after treatment with a focused ultrasound system further decreases the economic burden of treatment and increases the traction of market growth. By coupling the ultrasound with an MRI scanner healthcare professionals can actually see the real-time visuals of tissues to be treated hence improving preciseness as well as therapeutic outcome. An increasing number of clinical trials and increasing spending on research and development by the focused ultrasound system manufacturing companies are further expected to drive the growth of the Global Focused Ultrasound System Industry. The performance evaluation of the focused ultrasound system for the treatment of different diseases is further expected to drive the growth of the Global Focused Ultrasound System Industry shortly. Whereas, low product penetration in middle and low-income countries may hamper the potential growth prospect of the focused ultrasound system market.

Focused Ultrasound System Industry: Regional Outlook

The global market is expected to be North America due to high product penetration and a high number of procedures. Europe is expected to be the second most lucrative focused ultrasound system market due to higher patient preference for non-invasive treatment. Latin America’s Global Focused Ultrasound System Industry is expected to experience steady growth due to the increasing number of procedures using focused ultrasound systems. Asia-Pacific is expected to be the fastest-growing focused ultrasound system market due to rapidly improving healthcare infrastructure in countries such as India and China. The Middle East and Africa are expected to be the least lucrative Global Focused Ultrasound System Industry due to low product penetration and lack of proper healthcare infrastructure in the majority of the region.

Focused Ultrasound System Market: Key Players

The key players operating in the global market are: ALPINION MEDICAL SYSTEMS Co., Ltd., INSIGHTEC Ltd., Sonacare Medical, GENERAL ELECTRIC COMPANY, Siemens Ltd., Haifu Medical Technology Co., Ltd., FUS Instruments, MEDSONIC LTD, Mirabilis Medical, Inc., EDAP, and others

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

The report covers exhaust analysis on: 

  • Focused Ultrasound System Market Segments
  • Focused Ultrasound System Market Dynamics
  • Focused Ultrasound System Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition and companies involved
  • Indication
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, UK, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia-Pacific excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Focused Ultrasound System Market: Segmentation

By technology

  • MR-Guided

By application

By end user 

  • Hospitals
  • Specialty Clinics
  • Laboratories

Report Highlights:

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

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 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.

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 is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

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

Portable & Inflatable Swimming Pool Market Surges, Expanding at a 9.0% CAGR by 2033

In 2023, the global portable & inflatable swimming pool market is likely to hold a value of US$ 2,355.5 million. With the rise in demand for personal recreational equipment, portable & inflatable swimming pools are expected to witness steady growth. By 2033, the market is expected to secure US$ 5,576.3 million, expanding at a CAGR of 9.0%.

The portable & inflatable swimming pool market is anticipated to sustain its growth trajectory, fueled by the emergence of new players and innovations in materials. Moreover, the integration of online distribution channels through digital platforms has facilitated easier access to every region, thereby expanding the customer base and further boosting the growth of portable & inflatable swimming pools.

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Technological advancements and creative thinking will further enhance the product’s performance, making it more commonly utilized in downstream applications. Population explosion and faster growth rates, particularly in emerging economies, are diminishing residential areas, increasing market demand for portable and inflatable swimming pools. Inflatable pools are fairly inexpensive to acquire because they require significantly less installation and construction effort. As a result, they are an excellent solution for a wide range of residences.

The key obstacles of the portable and inflatable swimming pool market are likewise related to restricted space and high manufacturing expenses. Aside from that, laws set by various governments regarding the necessity for barriers are projected to hamper the growth of the portable and inflatable swimming pool market in the forecasted year.

Key Takeaways

  • The portable and inflatable swimming pool industry size developed at a CAGR of 9.0% from 2023 to 2033.
  • In 2022, the United States market size stood at 4.4% globally.
  • The portable and inflatable swimming pool market in the United Kingdom is anticipated to rise, exhibiting a CAGR of 5.4% through 2023
  • Germany held a 3.8% share of the global portable and inflatable swimming pool market in 2022.
  • With a CAGR of 5.5% over the forecast period, India is predicted to develop rapidly in the portable and inflatable swimming pool market
  • In 2022, Japan a 4.0% share of the portable and inflatable swimming pool market globally
  • The portable and inflatable swimming pool market in China is expected to increase, registering a CAGR of 6.7% over the forecast period.

Competitive Landscape

Diversity of product portfolios through research and development endeavors, as well as business acquisitions and mergers, are some of the key strategies used by leading businesses to strengthen their position in the worldwide portable and inflatable swimming pool market.

Key Players:

  • Blue Wave Products
  • Bestway Inflatables & Material Corp
  • JILONG
  • Intex Recreation Corp
  • Jasonwell
  • Speedo
  • Decathlon
  • K.K.Igarashi
  • Guangzhou Topfun Inflatables Co., Ltd.
  • Mizukami Kinzoki Co. Ltd.
  • Homech
  • Aquafun. in
  • Aierinflatable Yiwu Tuozhan
  • Mojena Ground Pools
  • BETTERBOUNCE LTD.

Recent Developments

  • Forbes in May 2023 posted about how Coleman’s Saluspa is the best inflatable hot tubs for its 6-person capacity and other attractions.
  • In June 2023, BetterBounce Ltd. released an article relating to the safety guidelines and their usage of ropes according to the guidelines. Based on the experience of the company, they found polypropylene ropes to be the most suitable choice for inflatables

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Key Segments Profiled in the Global Portable & Inflatable Swimming Pool Market

By Shape Type:

  • Oval Shaped
  • Square Shaped
  • Rectangular Shaped
  • Round Shaped

By Age:

  • For Children aged 3-6 Years
  • For Children aged 6-12 Years
  • For Children aged 12 Years & Above

By Application:

  • Residential
  • Commercial

By Distribution Channel:

  • Sales by Wholesalers/Distributors
  • Sales by Hypermarkets/Supermarkets
  • Sales by Department Store
  • Sales by Independent Outdoor Activities Stores
  • Sales by Online Retailers
  • Other Distribution Channels

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Ovulation Microscope Market Expected to Expand at 11.2% CAGR to Reach USD 153.5 Million by 2033 | FMI Study

Ovulation Microscope Market
Ovulation Microscope Market

Planning a family just got a little easier, thanks to a booming Ovulation Microscope Market. A recent analysis by Future Market Insights (FMI) forecasts an impressive Compound Annual Growth Rate (CAGR) of 11.2% for the market from 2023 to 2033. This translates to a projected market valuation of approximately USD 153.5 million by 2033, highlighting the increasing popularity of these at-home fertility tracking tools.

The phenomenal expansion of the Global Ovulation Microscope Industry can be ascribed to increased knowledge of fertility tracking and a focus on personalized healthcare. Demand for ovulation microscopes is expected to skyrocket as more people choose proactive ways of family planning.

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The development of point-of-care ovulation detection tools like the ovulation microscope will spur market expansion. If the person ovulates, a drop of saliva placed on the microscope’s lens will exhibit a pattern resembling a ferning crystal.

Ovulation microscopes are simple to use and trustworthy tools for predicting the days leading up to the fertile window. Future demand for these devices will rise with the development of less expensive, reusable, and single-use ovulation tests. The use of an ovulation microscope will be advantageous because the average age of first-time mothers is rising and reproductive issues are becoming more prevalent.

The Centers for Disease Control and Prevention estimate that 10% of American women (6.1 million) between the ages of 15 and 44 have trouble getting pregnant.

Ovulation Microscope Market: Dynamics

The development of devices that as easy to use and used in home care settings along with the lower cost of devices will increase the demand for ovulation microscopes in the forecast period. Increasing general awareness in developed regions and developing regions will significantly boost the Global Ovulation Microscope Industry shortly.

The launch of new products with new advanced technology will further spur the Global Ovulation Microscope Industry. Identification of a wider fertile window creates more opportunities for the ovulation microscope market to grow shortly. Despite the increasing knowledge of the genetic causes of fertility, advancement in the diagnosis and treatment have remained relatively stagnant which might hamper the Global Ovulation Microscope Industry growth shortly.

Global Ovulation Microscope Industry: Overview

Increasing focus on the development of new devices and treatment methods to increase the pregnancy rate with infertility disorder will drive the market growth of ovulation microscopes in the forecast period. The increasing prevalence of disorders related to pregnancy and increasing awareness programs will increase the demand for saliva-based ovulation microscopes.

Increasing demand for point-of-care testing and relatively low cost will significantly boost the Global Ovulation Microscope Industry in the forecast period. The growing potential of point-of-care testing to improve healthcare in developing and developed regions will grow the market shortly.

Ovulation Microscope Industry: Region-wise Outlook

Based on geography, the Global Ovulation Microscope Market is segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and the Middle East & Africa.

The North American market for Ovulation Microscope holds the largest revenue share, due to more number of key players and new players entering into Global Ovulation Microscope Industry along with the increasing cases of infertility and growing awareness.

Europe accounts for the second largest revenue share in the Global Ovulation Microscope Market, owing to the increasing development of technologically advanced products and the rising adoption of ovulation microscopes. Asia Pacific is expected to witness rapid growth in the ovulation microscope market, owing to the growing rate of infertility and rising demand for fast and independent tests with accuracy in developing countries such as India.

China is expected to register significant growth in the Global Ovulation Microscope Industry, due to the presence of local players in point-of-care testing products markets. Latin America and the Middle East & Africa are projected to exhibit slow growth in the Ovulation Microscope market, owing to a lack of R&D labs and slow adoption of new technology.

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Ovulation Microscope Market: Key Players

Examples of some of the key manufacturers present in the Global Ovulation Microscope Industry are Geratherm Medical AG, Fairhaven Health, LLC, Dual Core B.V., and Hangzhou Sejoy Electronics & Instrument Co. Ltd., among others.

Key Segmentation of the Ovulation Microscope Market

By Type:

By Distribution Channel:

  • Hospitals Pharmacies
  • Retail Pharmacies
  • Drug Stores
  • E-Commerce

By Region:

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

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 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.

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 is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Aquarium Decor Market Dives Deep: Projected to Reach US$4.3 Billion by 2033 at a CAGR of 5.0%

The aquarium decor market is poised for a refreshing surge, with a projected valuation of US$ 4.3 billion by 2033. This translates to a steady CAGR (Compound Annual Growth Rate) of 5.0% over the forecast period, indicating a market on the rise.

The social media boom has really helped growth of the aquarium decor industry. In light of social media platforms, individuals are now capable to order different products and have them delivered at their houses. More factors which make this market attractive are of wide varieties of products that can be vividly found on social media.

The aquarium accessory platform, however is not straightforward. The latter is a formidable challenge especially when competing against other players in the market-many of whom are capable of selling their products close to zero. The price competition serves as a limitation in aquarium decor market.

Customer preferences in the aquarium decor industry have shifted dynamically over time. This evolution is driven by customers seeking diverse aquarium decor products available at more affordable prices. In response to this demand, companies are actively engaged in the development of novel products. They now employ various materials and technologies that align with the specific needs of customers. This adaptability allows companies to cater to the evolving tastes of their clientele.

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Market Opportunities

The aquarium decor market is projected to experience a notable growth trajectory during the forecast period, characterized by a CAGR of 5.0%. This consistent expansion signifies a range of promising opportunities that await businesses operating within this sector. The market’s upward trend is fueled by a rising consumer base, with a growing awareness of the significance of creating a stimulating and enriching environment for aquatic life.

As people become more attuned to the welfare of their fish, there is a noticeable uptick in sales within the aquarium decor industry. This trend underlines a positive trajectory for the market’s growth through 2033.

The market is also expected to grow rapidly in online markets of aquarium decor products. The ever-expanding presence of social media further amplifies this growth by providing a conducive environment for the aquarium decor industry to thrive.

Key Takeaways

  • The aquarium decor market size is expected to reach US$ 4,313.6 by 2033.
  • In 2022, the United States held a prominent position in the global market, with a leading market share of 5.5%. This can be attributed to a robust community of aquarium hobbyists and a diverse range of products catering to their needs.
  • China stands as the second leading market, poised for substantial growth with a projected CAGR of 6.0% until 2033. This growth is propelled by increasing disposable income among consumers and the growing popularity of aquariums as a hobby.
  • Japan also embraces the third position in the market rankings, capturing a notable 4.6% share of the global market in 2022, propelled by the surging interest in aquariums among younger consumers.
  • Germany held a solid 3.0% share of the global market in 2022, driven by high disposable income and a robust network of aquarium retailers.

Competitors Winning Strategies

Competitors in the aquarium decor market are excelling by prioritizing customer service, a pivotal aspect of this industry. By effectively resolving customer issues, companies foster strong customer relationships. They are using social media to make promotions; with this, they can interact with their customers and get feedback on their products.

Competitors are striving to offer budget-friendly options in the aquarium decor product range. Additionally, they are concentrating on innovation, consistently introducing new aquarium decor products to cater to customer preferences for novelty.

Aqua Design Amano, Aqueon, Azoo Bio, Guangdong Boyu Group, Interpet, Qian Hu, Rolf C. Hagen, Spectrum Brands, and Tropical Marine Centre are some of the leading competitors in the aquarium decor market.

Recent Developments

  • Aquarium Co-Op: This business has developed different ranges of aquarium decor from natural elements, such as driftwood, pebbles, and plants.
  • Fluval: This company has introduced multiple new lines of aquarium decorations to foster beneficial bacteria growth.
  • Oase: The company has lately introduced a new range of aquarium decor meant to give hiding spots for fish.
  • CaribSea: This company has introduced a diverse range of aquarium decorations to offer various textures for fish to explore.

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Market by Category

By Product type:

  • Plants
  • Toys
  • Ornaments
  • Statues
  • Others

By material:

  • Clay
  • Ceramic
  • Plastic
  • Coral
  • Stones
  • Resin
  • Others

By Price Range:

  • Low
  • Medium
  • Premium

By Sales Channel:

  • E-commerce Websites
  • Company Owned Websites
  • Hypermarkets and Supermarkets
  • Specialty Stores
  • Other Retail Stores

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • Europe
  • MEA

About Future Market Insights (FMI)

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Sleep Screening Devices Market is expected to grow at a 6.6% annual pace and be valued more than USD 17.5 Billion By 2033 | FMI

Sleep Screening Devices Market
Sleep Screening Devices Market

Millions struggle with sleep issues, and the Sleep Screening Devices Market is rising to meet the growing demand. According to a recent report by Future Market Insights (FMI), the industry is experiencing a significant surge, with the market value projected to climb from an estimated USD 8.73 billion in 2022 to a staggering USD 9.30 billion in 2023. This translates to an impressive growth of over USD 560 million and a Compound Annual Growth Rate (CAGR) of 6.6%.

The surge in demand caused by the increasing occurrence of sleep disorders around the globe is responsible for this extraordinary expansion. An important factor driving the market growth for sleep screening devices is the growing awareness of the significance of sleep health and the rise in disposable income.

Future Market Insights’ comprehensive business report delves into the historical and current panorama of the Global Sleep Screening Devices Industry, offering in-depth insights into production, consumption, volume, and value trends. The report meticulously dissects the market, segmenting it based on demand patterns, growth prospects, regions, and key players.

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The Sleep Screening Devices market report contains critical information and forecast statistics that will provide both existing and emerging market players with the necessary insights to craft long-term strategies and maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

COVID-19 Impact Analysis on Sleep Screening Devices Market

The recent COVID-19 outbreak has focused attention on the healthcare industry, affecting the Global Sleep Screening Devices Industry. Severe shortages of critical medical supplies, combined with an increase in the number of COVID-19 cases, have resulted in a revolution rather than an evolution in healthcare ecosystems. As a result, the impact is visible in the Sleep Screening Devices market.

Doctors are delaying or postponing elective surgeries unless absolutely necessary to prevent the spread of the virus to individuals with comorbidities or chronic conditions, under government measures, particularly social distancing norms and stay-at-home orders. Furthermore, movement restrictions and disruptions in supply chains have created a logistical nightmare for market participants, resulting in severe product shortages in the global marketplace.

The FMI report contains an interesting chapter on the preliminary impact of COVID-19 on the market for Sleep Screening Devices. This enables both leading and emerging market players to comprehend the market scenario during a crisis and to make sound decisions to gain a distinct competitive advantage.

Why Choose Future Market Insights

  • Serving domestic and international clients 24/7
  • Prompt and efficient customer service
  • Data collected from reliable primary and secondary sources
  • Highly trained and experienced team of research analysts
  • Seamless delivery of tailor-made market research reports

Sleep Screening Devices Market: Segmentation

Valuable information covered in the FMI’s Sleep Screening Devices market report has been segregated into key segments and sub-segments.

By Product Type:

  • Sleep Monitors
  • Type IV
  • Type III
  • Type II
  • Wearables
  • Headband Devices
  • Wrist Devices & Hand Bands Devices
  • Ring Devices
  • Sleep Mask Tracker Devices
  • Non-wearables
  • Bedside Non-Wearable Devices
  • Under Sheet Non-Wearable Devices
  • Under Mattress Non-Wearable Devices
  • Smart Sleep Equipment
  • Smart Mattresses and Pillows
  • Smart Beds

By Application:

By Distribution Channel:

  • Hypermarkets and Supermarkets
  • Retail Stores
  • Pharmacy
  • Online

Sleep Screening Devices Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Sleep Screening Devices market. Competitive information detailed in the Sleep Screening Devices market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Global Sleep Screening Devices Industry report.

Key players covered in the report include:

  • Dream Sleep
  • NovaSom
  • VirtuOx
  • Koninklijke Philips
  • SleepWorks
  • Itamar Medical (ZOLL Medical)
  • ApneaMed
  • Garmin
  • ResMed
  • Cleveland Medical Devices

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Important Questions Answered in the Sleep Screening Devices Market Report

  • Which end-user remains the top revenue contributor in different regional markets?
  • At what rate has the Global Sleep Screening Devices Industry been expanding during the forecast period?
  • How will the Global Sleep Screening Devices Industry look like by the end of the forecast period?
  • What innovative strategies are adopted by Sleep Screening Devices market players to stay ahead of the pack?
  • What are the restraints affecting the growth of the Global Sleep Screening Devices Industry?

Key Offerings of the Report

  • Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
  • Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
  • Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
  • Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
  • Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Sleep Screening Devices market

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.

About Future Market Insights (FMI)

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

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Addison Disease Testing Market is expected to have grown at a 3.4% CAGR and be valued US$ 349.7 Million By 2033 | FMI

Addison Disease Testing Market
Addison Disease Testing Market

A new hope emerges in the fight against Addison’s disease. The global Addison Disease Testing Market, a crucial tool for early diagnosis and management, is projected to experience significant growth. According to a recent report by Future Market Insights (FMI), the market is expected to reach a substantial USD 349.7 million by 2033. This signifies a steady rise with a Compound Annual Growth Rate (CAGR) of 3.4% from 2023.

Addison Disease Testing Market: Drivers & Restraints

The increasing rate of adrenal insufficiency is also increasing cases of Addison’s disease and thus increasing the testing service market. Increasing government initiatives in improving the healthcare sector and providing access to a large population with diagnostic service facilities increases the market. Furthermore, an increase in the number of private diagnostic service providers, will in turn increase the overall testing service market.  The limitation of accessing healthcare facilities in various parts of the globe curbs the market to grow. The ignorance of symptoms and lack of healthcare facilities for every segment of society also restricts the market.

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Addison’s disease also called chronic adrenocortical insufficiency occurs because of the damage of the adrenal cortex resulting in insufficient production of the hormone cortisol & aldosterone. The disease is characterized by symptoms such as weight loss, decreased appetite, extreme fatigue, hyperpigmentation, low blood pressure, and several others. Not treating the disease for a long time results in an Addisonian crisis which is a life-threatening medical emergency. People suffering from anticoagulants, cancer, chronic infections, and tuberculosis are more likely to be affected by the disease. Doctors look for the medical history and do physical examinations as well as various laboratory tests for diagnosing the disease. Idiopathic autoimmune Addison’s disease is found to be more common in children, females, and in the people age group of 30-50 years. Delaying in diagnosis and treatment of the disease may lead to high chances of morbidity and mortality. Addison’s disease is considered a rare disease in many parts of the world. The testing service includes several laboratory as well as imaging studies.

Addison Disease Testing Market: Overview The average incidence rate of Addison disease is roughly three in 1 million population in the world and is considered as one of the rare diseases, however, variation can be seen in different regions. Recently, The Endocrine Society has also issued its first-ever clinical practice guideline on the diagnosis and treatment of primary adrenal insufficiency. Huge competition in the market is due to the increased number of service providers. High efficiency and lower prices on the testing service are the factors for survival in the market.

Addison Disease Testing Market: Region-wise Outlook

North America owing to high concerns for human health and growing awareness of the benefit of government initiatives in this direction, thus representing the largest market for testing services. This is followed by Europe because of the higher prevalence rate and good diagnostic services available in the region.  Asia Pacific is expected to be the fastest-growing market in the world because the of higher risk factors of developing the disease as well as increasing healthcare and diagnostic services in the region. The Middle East and African region also have opportunities for the testing service market but require investments in the sector.

Addison Disease Testing Market: Key Players

Some of the players in the Addison Disease Testing service market include Diagnostic Laboratory Services, Inc., Any Lab Test Now, Dr. Lal PathLabs, Laboratory Corporation of America Holdings, Sonora Quest Laboratories, Core Diagnostics Private Limited, Ayumetrix, and others.

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

The report covers exhaust analysis on:

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

The regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, UK, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Addison Disease Testing Market: Segmentation

Segmentation by Testing Type

  • Laboratory Testing
  • Comprehensive metabolic panel
  • Thyroid-stimulating hormone (TSH) levels
  • ACTH stimulation test
  • Insulin-induced hypoglycemia test
  • Autoantibody testing
  • Prolactin testing
  • Imaging Studies
  • Chest radiograph
  • Computed tomography (CT) scan

Segmentation by End User

  • Hospitals
  • Clinics
  • Diagnostics Laboratories

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Report Highlights:

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

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 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.

About Future Market Insights (FMI)

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

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Gel Implants Market is expected to reach USD 1,760 Million by 2033 at a 3.8% CAGR | FMI Study Report

Gel Implants Market
Gel Implants Market

The aesthetics industry is witnessing a boom in gel implant procedures, driving significant growth in the Gel Implants Market. According to a recent analysis by Future Market Insights (FMI), the market is projected to experience a steady Compound Annual Growth Rate (CAGR) of 3.8% from 2023 to 2033. This upward trajectory translates to a market value reaching an estimated USD 1,760 million by 2033, up from approximately USD 1,174.7 million in 2022.

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What is Driving the Demand of the Gel Implants Market?

The main factors driving the growth of the gel implants market include the increased focus on physical appearance and the increasing availability of inexpensive silicone cohesive breast implants. In addition, the increasing prevalence of breast cancer and the availability of a wide range of breast implants are driving the growth of the market.

For instance, according to the America Society of Plastic Surgeons, it was estimated that approximately 1,93,073 breast augmentation surgeries were performed in 2020.

Silicone gel implants were highly preferred by all the women seeking breast augmentation surgeries since they have higher quality in terms of appearance and firmness as compared to saline ones. Thus, the increased preference of the target population is expected to increase the demand during the forecast period.

Breast augmentations are becoming increasingly popular in emerging markets. The main reasons for this are increased economic prosperity and disposable income amongst the working population, increased influence of the cosmetic and fashion industry, increased people’s awareness of the latest products and processes, and low business start-up costs.

The growing prevalence of breast cancer is another key driver that is anticipated to propel the growth of the Global Gel Implants Industry. According to WHO, in the year 2020, the number of diagnosed cases of breast cancer were a staggering 2.3 million, and around 685,000 deaths occurred due to breast cancer, globally.

The increasing prevalence of breast cancer has led to an increase in the number of women undergoing breast mastectomy, that is, breast augmentation. Surgical removal of one or both breasts, leading to more women undergoing breast augmentation. According to the American Society of Plastic Surgeons, approximately 36,367 women underwent breast augmentation surgeries as a preventative measure against breast cancer. Increased awareness amongst women about preventative procedures against cancer is another key driver of the Global Gel Implants Industry.

Prayasta: Using 3D Technology for Breast Augmentation

Bengaluru based start-up ‘Prayasta’ is reaching new heights in the breast augmentation industry. The company was established in 2017 and is developing a 3D printing technology to manufacture personalized breast implants for the target audience.

They have developed an in-house printer Silimax P250, from scratch to cater to the women who have to undergo mastectomy either due to suffering from breast cancer or as a preventative measure. The company wants to ensure the “one-to-one personalization” for all the women since every women’s body is different in structure, size, and shape so that they can provide the implant which is closest to its natural counterpart.

U.S. and Canada Gel Implants Demand Outlook

U.S. and Canada regions hold a large chunk of the Global Gel Implants Industry. The reason for such a high market share is due to the increased awareness of breast cancer, which is leading to many women opting for preventive mastectomy procedures.

Increased popularity and adoption of gel implants due to the higher efficacy of cohesive gel implants is expected to fuel the growth of this demand in the forecast period in this region.

For instance, on October 20, 2021, Sientra, Inc. announced that they have collaborated with a nonprofit organization ‘Mission Plasticos’ dedicating their venture to provide reconstructive surgical care to medically underserved and needy communities around the world with their program “ Reshaping Lives: Full Circle”.

Europe Gel Implants Demand Outlook

Europe holds a moderately high share in the Global Gel Implants Industry. Factors such as the rising occurrence of breast cancer in Europe and the rise in breast cosmetic operations are likely to boost the market’s growth.

On the other hand, due to the disadvantages of breast implants, such as scarring or rippling, the market is anticipated to suffer a negative impact. In Europe, breast augmentation is the most popular cosmetic operation.

For instance, in April 2019, The German Federal Cabinet announced the initiation of a digital implant register for all the German patients to ensure the safety of all the patients undergoing implant surgeries.

Who are the Key Manufacturers of Gel Implants?

The key manufacturers of gel implants are

  • Allergan Inc.
  • Arion Laboratories
  • Cereplas
  • Establishment Labs
  • Mentor Woldwide LLC (Johnson & Johnson Services Inc.)
  • GC Aesthetics PLC
  • Sientra Inc.
  • Groupe Sebbin SAS
  • Polytech Health & Aesthetics GmbH
  • HansBiomed Co Ltd.
  • Guangzhou Wanhe Plastic Materials
  • Ideal Implant
  • and Silimed.

On October 14, 2021, GC Aesthetics announced a new partnership with RepCa Medical, a Guatemalan distributor in Latin America. The partnership is aimed to provide their customers with the latest technology, quality, safety, innovation and support.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Gel Implants Market Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth.

Note: Although care has been taken to maintain the highest levels of accuracy in FMI’s reports, recent market/vendor-specific changes may time to reflect in the analysis

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Gel Implants Market Key Segments:

By Type:

  • Cohesive Gel Implants
  • Highly Cohesive Gel Implants
  • Gummy Bear Gel Implants

By Shape:

  • Round
  • Anatomical
  • Tear drop

By Indication:

  • Cosmetic Surgery
  • Reconstruction Surgery
  • Preventive Surgery

By End-User:

  • Hospitals
  • Cosmetology Clinics
  • Ambulatory Surgical Centers

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA

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 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.

About Future Market Insights (FMI)

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

Contact Us:      

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