Market Research Blog – Page 3025 – New Product Development

Global Optic Neuropathy Management Market Set to Reach US$ 7 Billion by 2033, with a Steady Growth Forecast at 5% CAGR

The global optic neuropathy management market is anticipated to achieve significant growth, expected to expand from US$ 4.3 billion in 2023 to US$ 7 billion by 2033, progressing at a compound annual growth rate (CAGR) of 5%. This marks a notable increase from the 3.2% CAGR observed from 2018 to 2022.

Optic neuropathy, a debilitating condition that can result from various causes including diabetes, multiple sclerosis, glaucoma, trauma, infection, and genetic factors, is witnessing a surge in prevalence. This increase is closely linked to the rising incidence of these underlying health conditions, particularly in the aging global population. The expanding demographic of older individuals is a key driver of demand for innovative and effective optic neuropathy treatments.

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Recent advancements in medical technology and research are also catalyzing market growth. Breakthroughs in gene therapy, stem cell therapy, and the development of neuroprotective agents are paving the way for new treatment avenues, potentially revolutionizing outcomes for patients suffering from optic neuropathy.

In addition to technological advancements, there is an increasing level of awareness and understanding of optic neuropathy among healthcare providers and the general public. This heightened awareness is contributing to higher diagnosis rates and more effective management of the condition, thereby improving patient outcomes.

As the market continues to evolve, stakeholders in the healthcare sector, including healthcare providers, researchers, and pharmaceutical companies, are expected to benefit from the growing opportunities in the development and application of new diagnostic tools and treatment modalities.

Key Takeaways from the Market Study:

From 2018 to 2022, the optic neuropathy management market grew at a CAGR of 3.2%.
The global optic neuropathy management market is expected to grow with a 5% CAGR from 2023 to 2033.
As of 2033, the optic neuropathy management market is expected to reach US$ 7 Billion.
According to the FMI analysis, the hospital pharmacies segment accounts for the largest market share.
North America is expected to possess a 40% market share with respect to optic neuropathy management
East & South Asia to collectively account for 1/5^th of all optic neuropathy management procedures

“A series of international level collaborations involving healthcare stakeholders across various institutional settings are fuelling further clinical trials and research studies dedicated to discovering optic neuropathy management,” says an FMI analyst

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Market Competition:

Key players in the market include companies such as Competition Deep Dive, AbbVie Inc., Eli Lily Company, GlaxoSmithKline, Pfizer Inc., Teva Pharmaceuticals, Bausch Health Companies Inc., F. Hoffmann-La Roche AG, Bayer AG, Sanofi A.S., Bristol-Myers Squibb and Company, along with healthcare providers and technology companies among other global players.

In March 2023, Horizon Therapeutics plc released the findings of a study analyzing the real-world use of teprotumumab-trbw (Tepezza, Horizon Therapeutics) in treating Thyroid Eye Disease (TED) patients with dysthyroid optic neuropathy (DON).
The study included a majority of patients who had previously not responded to other treatments. DON is a complication of TED that can result in vision loss due to the impairment of visual function caused by thyroid-related optic nerve compression. Teprotumumab-trbw is the only FDA-approved medication for treating TED, which is a rare autoimmune disease that is serious, progressive, and potentially vision-threatening.

Key Segments Profiled in the Optic Neuropathy Management Industry Survey:

Drug Class:

Corticosteroids
Antimetabolites
Anticoagulants
Serotonin and Norepinephrine Reuptake Inhibitors
Nonsteroidal Anti-Inflammatory Drugs

Route of Administration:

Oral
Injectable

Distribution Channel:

Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Drug Stores

Region:

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

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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 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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Help Desk Software Market Projects 9.4% CAGR, US$ 26.8 Billion by 2032

The global help desk software market was valued at around US$ 9.9 Billion in 2021. With a projected CAGR of 9.4% for the next ten years, the market is likely to reach a valuation of nearly US$ 26.8 Billion by the end of 2032. According to the report’s findings, cloud-based help desk software will continue to play an important role in the market, accounting for the majority of sales.

Large Industries to Continue being Growth Axis for Help Desk Software Revenue:
Because of the much higher volume of tickets, major organizations can both afford and have a far greater need to automate their help desk systems. They account for a sizable proportion of support desk software purchasers.

Help desk software revenue grew at a CAGR of 9.0% from 2015 to 2021, and it is expected to expand at an 8.1% rate over the projected period. Small and medium-sized businesses are also showing growth potential as they embrace help desk software to improve customer satisfaction, attracted by its scalability and simplicity of adaptation.

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The COVID-19 Pandemic and the increase in BYOD to raise requirements for Help Desk Software:
The COVID-19 pandemic has led to a rise in ticket generation by employees as offices shifted to hybrid forms of work. This, as well as the increasing prevalence of BYOD systems, led to an overall increase in the number of tickers generated, causing a lack of efficiency and slower response times. Firms attempting to minimize these issues seek to replace level-one support with automated helpdesks.

North America to Command the Larger Proportion of Demand for Help Desk Software throughout the Analysis Period:
North America leads the help desk software demand with a 41.5% share in 2021 and a projected market size of US$ 11.1 Billion in 2032, which is largely owing to a large number of companies as well as growing demand from government agencies for help desk software. The market in North America is projected to grow at a CAGR of 9.4% during the forecast period.

Help Desk Software Market: Competition Insights:
Currently, help desk software providers are focused on increasing their presence and reach. They are focusing on developments that will ensure further streamlining of customer experience processes and an increase in market share and traction.

Leading Key Players:

Column Technologies,
Sparkcentral
Watermelon
Smart Tribune
Zendesk
Freshworks Inc.
FrontApp
Zoho Corporation Pvt. Ltd.
Wrike, Inc.
Vision Helpdesk
Teamwork.com Ltd.
Help Desk Migration
Apptivo Inc
Quick Base
Deskero
BMC Software, Inc.
SherpaDesk
Samanage Ltd.
TeamSupport
Jira Service Desk
xSellco Limited
iSupport Software
INTERCOM
LiveAgent
Azure Desk
Smart Service Desk
Nectar Desk Inc.
NabdSys

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Some of the recent developments in Help Desk Software are as follows:

In August 2021 Freshworks filed for an IPO in the US to raise US$100 Mn on the Nasdaq Global Select Market under the symbol FRSH.
In August 2020, Hiver entered the helpdesk software market. Hiver’s Solutions became the first customer service solution to operate out of G-Suite and offer helpdesk capabilities along with Gmail
In June 2020, Salesforce’s venture capital invested in Tanium with plans to roll out a joint employee service management solution whose features will include, amongst others, a one-stop help desk for its employees
Similarly, recent developments related to companies manufacturing Help Desk Software have been tracked by the team at Future Market Insights, which is available in the full report.

More Insights Available:
Future Market Insights, in its new offering, presents an unbiased analysis of the Help Desk Software Market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in the Help Desk Software Market in terms of Type (Cloud-based, Web-based), By Industry (Large enterprises, Small and Medium enterprises) across five regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

Help Desk Software Market Segmentation:

By Type:

Cloud-Based Helpdesk Software
Web-based Helpdesk Software

By Industry:

Help Desk Software for Large Enterprises
Help Desk Software for Small and Medium Enterprises

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

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Public Key Infrastructure (PKI) Market on Path to US$ 25.1 Billion by 2032, 18.3% CAGR

The global public key infrastructure (PKI) market is poised for substantial growth, with projections indicating it will reach a staggering value of US$ 25.1 Billion by the year 2032. This remarkable trajectory is underpinned by a CAGR of 18.3%

The significance of PKI adoption in banking and financial services for corporate security cannot be emphasized. Banking fraud attempts nearly quadrupled between the latter three months of 2020 and the first three months of 2021, as hackers attempted to disguise their attacks as legitimate internet activity. As a result, there is a higher need for stronger PKI protection. However, PKI must be correctly installed to reduce data breaches, outages, and compliance violations. Identity verification is critical in the financial services and insurance industries. Verifying digital identities is essential for increasing consumer trust and maintaining transaction security.

On the other side, the rapid spread of digitalization, new technologies, and user behaviors is rapidly changing the ways banks interact with their clients. This will forever fuel changes in identity management duties. As a result, the position of banks and financial services in the identity supply chain is constantly being re-evaluated.

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Mobile banking apps have taken banking to new heights, removing the need for conventional banking centers. Anyone using a smartphone and an internet connection may now rapidly monitor account balances, transfer cash, and make payments without visiting a branch. In the not-too-distant future, one can easily envision the Internet of Things (IoT) and voice-enabled functions making banking simple. Real-world uses of this technology have already arrived in our homes, with televisions, autos, and other devices becoming voice-friendly.

Key Takeaways from the Public Key Infrastructure (PKI) Market Report:

The Global Public Key Infrastructure (PKI) Market is expected to reach a market size of US$ 4.7 Billion by 2022.
The Hardware Security Modules (HSM) segment, is expected to have the highest CAGR rate of 18.7% during the forecast period.
United States to remain the most dominant market with an absolute dollar growth opportunity of US$ 7.3 Billion during 2022 – 2032.
The market in China is set to experience the highest CAGR of 18.1% during the 2022-2032 forecast period.

Competitive Landscape:
The market is fiercely competitive, where key players are increasingly focused on obtaining a competitive advantage. The key companies in the Public Key Infrastructure (PKI) Market are focused on R&D to produce innovative technological solutions.

In February 2022, Thales extended its partnership with Google Cloud to enhance public confidence in the cloud. A stronger link enables organizations to use very sensitive data in the Google Cloud Platform with confidence (GCP). Ubiquitous Data Encryption is enabled, which is a technology that integrates Google Cloud’s Confidential Computing with Thales’ CipherTrust Cloud Key Manager. Using the Thales CipherTrust Data Security Gateway, consumers may produce and control encryption keys for data transferred to Google Confidential Cloud Computing.
In November 2021, PrimeKey collaborated with the Microsoft Intelligent Security Association to combine their solutions to protect against a growing number of cyber threats. Enterprise Java Beans Certificate Authority, a customized corporate PKI and certificate management system, that interfaces with Microsoft Intune as a part of Microsoft Endpoint Manager.

Leading Key Players:

Thales
Entrust, Inc.
Digicert
Manageengine
Microsoft
VeriSign, Inc.
RSA Security
PrimeKey Solutions AB
Google LLC
Amazon Web Services
Appviewx, Inc.
Venafi, Inc.

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Public Key Infrastructure (PKI) Market Segmentation:

By Component:

Public Key Infrastructure Hardware Security Modules (HSM)
Public Key Infrastructure Solutions
Public Key Infrastructure Services
- Professional Public Key Infrastructure Services
- Managed Services

By Deployment Mode:

Cloud-Based Public Key Infrastructure
On-Premises Public Key Infrastructure

By Organization Size:

Small and Medium Enterprises
Large Enterprises

By Vertical:

BFSI
Government and Defense
IT and Telecom
Retail
Healthcare
Manufacturing
Other

By Region:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

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Himalayan Tourism Market US$ 3.26 Billion Odyssey: Anticipates 5% CAGR Surge by 2032

The Himalayan tourism market is poised to reach a valuation of US$ 2 Billion in 2022. Sales are projected to increase at a 5% CAGR, with the market size reaching US$ 3.26 Billion by 2032.

Himalayan Tourism appears resilient against the pandemic. Even though about 80% reduction of the number of tourists visiting the Himalayas in 2020, the tourism sector was capable of quickly recovering and welcome tourists coming after a year’s gap.

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The tourists from all around the world come and visit Himalayas to observe the scenic beauty including forests, farms, lakes, mountains and fields. Along with sightseeing, there are number of adventure sports and activities to perform, from treks, rock climbing to kayaking and river rafting and safaris. There are also cultural heritages with Hindu temples and Buddhist Monasteries in districts surrounding Himalayas.

The Himachal Tourism working with Government of Himachal are proposing new ideas related adventure activities, schemes and loans for Hospitality sector, encouraging local entrepreneurs to enter in Himalayan tourism sector.

Key Trends in the Himalayan Tourism Market

Sustainable Tourism Practices: With an increasing global focus on environmental conservation, Himalayan destinations are embracing sustainable tourism practices. From waste management initiatives to eco-friendly accommodations, the region is committed to preserving its pristine beauty for generations to come.
Adventure Tourism on the Rise: The Himalayas have become synonymous with adventure tourism. Trekking, mountaineering, and paragliding are gaining popularity as travelers seek immersive experiences. This trend is driving infrastructure development in remote areas and fostering a sense of exploration.
Cultural Immersion Programs: Travelers are now seeking more than just scenic views; they crave cultural immersion. Himalayan regions are responding by offering programs that allow tourists to engage with local communities, learn about traditional customs, and participate in local festivities.
Digital Connectivity: Improved digital connectivity in remote Himalayan regions is facilitating easier access for tourists. This has led to increased online bookings, real-time communication, and the sharing of experiences through social media, thereby enhancing the overall travel experience.
Wellness and Spiritual Tourism: The Himalayas have long been a haven for spiritual seekers. Wellness retreats, yoga centers, and meditation resorts are gaining popularity, attracting individuals looking to rejuvenate their minds and bodies amidst the serene backdrop of the mountains.

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Key Takeaways:

Based on tourism type, ecological/sustainable tourism is popular among international as well as domestic travellers.
By booking channel, the online booking segment is preferred by most travellers.
In terms of age group, individuals from age group of 26-35 are most common travellers to Himalayas.

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Future Market Insights, in its new offering, provides an unbiased analysis of the Himalayan Tourism market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study divulges compelling insights on the Himalayan Tourism market based on the tourism type (cultural & heritage tourism, eco/sustainable tourism, adventure & sports tourism, wellness tourism & others), booking channel (phone booking, online booking & in person booking) tourist type (domestic & international), age group (15-25 years, 26-35 years, 36-45 years, 46-55 years, 66-75 years) across Asia.

Key Companies Profiled

Himalayan Tours
Himalaya Travels
Himalayan Tour Operators & Travel Agents
Enchanting Travels
Himalayan Holidays
Sherpa Expedition and Trekking Pvt. Ltd.
Trafalgar
G Adventures
Explore!
Nepal Hiking Team
Himalaya Heart Treks & Expedition

Himalayan Tourism Market by Category

By Tourism Type:

Cultural & Heritage Tourism
Eco/Sustainable Tourism,
Adventure & Sports Tourism,
Wellness Tourism
Others

By Country:

India
Nepal
Bhutan
China
Others

By Booking Channel:

Phone Booking
Online Booking
In Person Booking

By Tourist Type:

Domestic
International

By Age Group:

15-25 Years
26-35 Years
36-45 Years
46-55 Years
66-75 Years

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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T: +1-845-579-5705
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Pipe Flanges Market Forecast: Industry Surging to US$ 6907.0 million by 2033

Pipe flanges are the unsung heroes of industrial infrastructure, ensuring secure connections between pipes, valves, and other equipment. The pipe flanges market plays a vital role in various industries and is experiencing growth driven by several key factors. Let’s dive deeper into the current landscape, opportunities for manufacturers, and exciting trends shaping the future of this essential market.

Market Drivers: Building a Strong Foundation

Growth of Industrial Infrastructure: The expansion of oil and gas pipelines, power generation plants, chemical processing facilities, and water treatment infrastructure drives the demand for pipe flanges.
Focus on Safety and Reliability: Pipe flanges play a critical role in ensuring leak-proof connections in high-pressure environments. Regulations mandating the use of high-quality flanges further contribute to market growth.
Expansion of Renewable Energy Projects: The growing focus on renewable energy sources like wind and solar power creates demand for flanges used in geothermal plants and pipelines for biofuels.
Technological Advancements: Manufacturers are developing new flange materials like superalloys to withstand extreme temperatures and harsh environmental conditions in demanding applications.
Focus on Standardization and Automation: Standardization of flange designs and dimensions facilitates global trade and simplifies maintenance processes. Automation in flange manufacturing improves efficiency and product consistency.

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Growth Factors: Bolting Down Opportunities

Manufacturers in the pipe flanges market have opportunities to capitalize on these growth factors:

Product Diversification: Offer a variety of flange types (threaded, welded, socket-welded) and materials (steel, stainless steel, exotic alloys) to cater to diverse pressure ratings and application needs.
Embrace Innovation: Develop flanges with improved sealing technologies for leak-proof connections, higher pressure ratings, and corrosion resistance.
Focus on Quality and Traceability: Prioritize high-quality materials, rigorous manufacturing processes, and material traceability to ensure flange reliability and compliance with safety standards.
Expand Your Reach: With growing infrastructure development in emerging economies, manufacturers can expand their global reach through strategic partnerships and targeted marketing.
Sustainability Matters: Develop flanges made from recycled materials and implement sustainable manufacturing practices to reduce environmental impact.

Future Trends: A Flanged Path Forward

The pipe flanges market holds exciting possibilities for the future:

Rise of Digital Twins: Integration of digital twin technology can facilitate predictive maintenance of flange connections, optimizing replacement schedules and minimizing downtime.
Focus on Smart Flanges: The future may see the development of “smart” flanges equipped with sensors that monitor pressure, temperature, and vibration to detect potential issues and improve safety.
Advanced Joining Techniques: Research and development in advanced joining techniques like laser welding could lead to more secure and efficient flange connections.

Global Chlamydia Diagnostics Market Projected to Reach US$ 3.69 Billion by 2033

The global chlamydia diagnostics market, valued at US$ 1.17 billion in 2022, is expected to witness substantial growth, reaching US$ 1.30 billion in 2023 and projected to soar to US$ 3.69 billion by 2033, with a compound annual growth rate (CAGR) of 11%. This robust expansion is fueled by several key factors including growing public awareness, technological advancements, and the increasing need for early disease detection.

Chlamydia trachomatis, a sexually transmitted bacterial infection, remains one of the most prevalent sexually transmitted infections (STIs) globally. If left untreated, it can lead to severe health complications such as pelvic inflammatory disease, infertility, and ectopic pregnancy. Thus, the demand for effective diagnostic tests and devices to detect and diagnose chlamydia is on the rise.

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From 2018 to 2022, the chlamydia diagnostics market experienced a steady growth trajectory, boasting a CAGR of 8%. However, with the advent of advanced technologies and heightened awareness among the populace regarding the importance of early disease detection, the market is poised for even greater expansion in the coming years.

“The escalating prevalence of chlamydia infections worldwide underscores the urgent need for reliable diagnostic solutions,” commented FMI. “Our commitment to developing innovative diagnostic tests and devices aims to address this pressing global health concern and improve patient outcomes.”

The global chlamydia diagnostics market encompasses a wide array of diagnostic tests and devices specifically designed for the detection and diagnosis of Chlamydia trachomatis. As the market continues to evolve, stakeholders are increasingly focusing on research and development initiatives to introduce novel solutions that enhance accuracy, efficiency, and accessibility of chlamydia diagnostics.

With the projected surge in market size, industry players are poised to capitalize on emerging opportunities and drive innovation in the chlamydia diagnostics landscape. As governments and healthcare organizations prioritize efforts to curb the spread of STIs and promote sexual health awareness, the chlamydia diagnostics market is expected to play a pivotal role in advancing public health initiatives worldwide.

Key Takeaways from the Market Study:

By test type, NAATs are expected to hold 49% of the market share in 2023 for Chlamydia diagnostics market.
The global Chlamydia diagnostics market is expected to grow with a 11% CAGR during 2023 to 2033.
North America is expected to possess 48% market share for Chlamydia diagnostics market in 2023.
Europe Chlamydia diagnostics market size is expected to possess 46% market share in 2023.

“Many organizations and governments are taking steps to raise awareness about the risks of STIs and the importance of early diagnosis and treatment. This, in turn, is expected to drive the growth of the market.” states an FMI analyst

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Competitive Landscape:

Key players in the chlamydia diagnostics market are Abbott Laboratories, F. Hoffmann-La Roche Ltd, Hologic, Inc., Quidel Corporation, DiaSorin SpA Becton, Dickinson and Company, Bio-Rad Laboratories, Pfizer, Inc., AstraZeneca and Teva Pharmaceuticals

Abbott has Laboratories collaborated with BASHH to develop and distribute the BASHH Chlamydia Quality Assurance Scheme. This program aims to improve the quality of chlamydia testing in clinical laboratories by providing a framework for quality assurance and standardization.
The Roche has developed Cobas 4800 CT/NG test is a nucleic acid amplification test (NAAT) that can detect the DNA of both Chlamydia trachomatis and Neisseria gonorrhoeae in various clinical samples, such as urine, swabs, and endocervical samples. The assay is highly sensitive and specific and has been widely adopted by clinical laboratories for chlamydia and gonorrhea testing.

Key Segments Profiled in the Chlamydia Diagnostics Industry Survey:

Test Type:

Culture Tests
Nucleic Acid Amplification Tests (NAAT)
Direct Fluorescent Antibody Tests
Serology Tests

End User:

Hospitals
Clinics
Diagnostic Centres

Region:

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

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Global Community Acquired Bacterial Pneumonia (CABP) Treatment Market Set to Expand Steadily, Forecasted to Reach US$ 8.38 Billion by 2033

The global community acquired bacterial pneumonia (CABP) treatment market is poised for significant growth over the next decade, according to a recent market analysis. With increasing awareness about the disease and advancements in technology driving diagnosis and treatment options, the market is anticipated to reach a valuation of US$ 8.38 billion by 2033, exhibiting a Compound Annual Growth Rate (CAGR) of 5.3%.

From 2018 to 2022, the market experienced a steady growth with a CAGR of 3.2%, reaching a market size of US$ 5 billion in 2023. This growth trajectory is expected to continue, fueled by several key factors.

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Key Drivers and Opportunities:

Rising Incidence and Antibiotic Resistance: The prevalence of CABP, particularly among the elderly population, is on the rise globally. This trend, coupled with the emergence of antibiotic-resistant strains of bacteria, is driving demand for novel and effective therapies.
Advancements in Treatment Modalities: The development of new therapies, including the growing demand for inhaled antibiotics, presents significant opportunities in the market. Inhaled antibiotics offer a promising route of administration by delivering high concentrations of antibiotics directly to the lungs, particularly beneficial in treating infections resistant to systemic antibiotics.

Key Takeaways from the Market Study:

From 2018 to 2022, the Community Acquired Bacterial Pneumonia (CABP) Treatment market grew at a CAGR of 3.2%.
The global Community Acquired Bacterial Pneumonia (CABP) Treatment market is expected to grow with a 5.3% CAGR during 2023 to 2033.
As of 2033, the Community Acquired Bacterial Pneumonia (CABP) Treatment Market is expected to reach US$ 8.38 Billion.
According to the FMI analysis, the hospital phamacies segment accounts for the largest market share.
North America is expected to possess 40% market share for the Community Acquired Bacterial Pneumonia (CABP) Treatment market.
The East & South Asia market is predicted to increase significantly throughout the forecast period, with a share of 20% during the forecast period.

“A series of international level collaborations involving healthcare stakeholders across various institutional settings are fueling further clinical trials and research studies dedicated to discovering Community Acquired Bacterial Pneumonia (CABP) Treatment.” says an FMI analyst

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Market Competition:

Key players in the market include companies such as Nabriva Therapeutics, Melinta Therapeutics, Wakunaga Pharmaceutical, Forest Pharmaceuticals, Pfizer, Paratek Pharmaceuticals, Cumberland Pharmaceuticals Inc., Theravance Biopharma, Merck Sharp & Dohme Inc., Cubist Pharmaceuticals LLC, Shionogi Inc., Allergan, Eagle Pharmaceutical Inc., Combioxin SA, Takeda, TiGenix along with healthcare providers and technology companies among other global players.

The U.S. Food and Drug Administration granted approval for Xenleta (lefamulin) to treat adults suffering from community-acquired bacterial pneumonia. This new drug provides an additional treatment option for patients with this serious illness, which can range in severity from mild to severe and affect people of all ages.
According to the Centers for Disease Control and Prevention, about one million people in the United States are hospitalized with community-acquired pneumonia each year, and approximately 50,000 individuals succumb to the disease. Dr. Ed Cox, Director of FDA’s Office of Antimicrobial Products, stated that the approval of Xenleta is a significant step in facilitating the development of new antibiotics and addressing the treatment of infectious diseases.

Key Segments Profiled in the Community Acquired Bacterial Pneumonia (CABP) Treatment Industry Survey:

Dose Form:

Solution
Tablet

Drug Class:

Pleuromutilin
Cephalosporin
Glycylcycline
Oxazolidinone
Ketolide

Route of Administration:

Oral
Intravenous

Distribution Channel:

Hospital Pharmacy
Retail Pharmacy
Online Pharmacy

Region:

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

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Global Atrophic Vaginitis Treatment Market Set to Reach US$ 6 Billion by 2033, Growing at a Steady Rate of 8% CAGR

The latest report from Future Market Insights predicts a promising growth trajectory for the global atrophic vaginitis treatment market, which is anticipated to expand at a compound annual growth rate (CAGR) of 8% from 2023 to 2033. As the market gears up to hit a substantial valuation of US$ 6 billion by 2033, starting from US$ 2.78 billion in 2023, stakeholders are optimistic about the potential advances and broader adoption of effective treatments catering to increasing demand.

Atrophic vaginitis, a condition that primarily affects postmenopausal women, results in symptoms such as vaginal dryness, itching, and painful intercourse. A report by the National Institutes of Health highlights that around 50% of women experience vaginal discomfort after menopause, with 10-40% suffering from atrophic vaginitis. This reflects a significant patient pool that requires effective and sustained treatment options.

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The market offers a range of therapies to address the symptoms of atrophic vaginitis. Among them, hormone replacement therapy (HRT) stands out as a highly effective approach. HRT works by supplementing the body with hormones to replace the estrogen no longer naturally produced, helping alleviate common symptoms associated with the condition.

Additionally, topical estrogen creams and vaginal moisturizers continue to be part of an essential treatment regimen, providing relief and improving the quality of life for millions of women worldwide.

This growth in the atrophic vaginitis treatment market is underpinned by an increasing awareness of the condition and more proactive healthcare behaviors among women, alongside advancements in treatment solutions. Healthcare providers and companies in the pharmaceutical sector are also contributing to the development of more effective and less invasive treatment options, further driving the market’s expansion.

As the market for atrophic vaginitis treatment grows, it opens up numerous opportunities for innovation and development, ensuring that women suffering from this condition have access to the best possible care.

Key Takeaways from the Market Study:

The global Atrophic vaginitis treatment market is expected to grow with an 8% CAGR during 2023 to 2033.
By therapy type, Estrogen based therapy are expected to hold 53% of the market share in 2023 for Atrophic vaginitis treatment market.
North America is expected to possess 48% market share for Atrophic vaginitis treatment market in 2023.
Europe Atrophic vaginitis treatment market size is expected to possess 43% market share in 2023.

“The atrophic vaginitis treatment market is revolutionizing women’s health by providing effective solutions to a common condition that affects millions of women worldwide. With the increasing prevalence of the condition, the market is expected to grow significantly in the coming years. Despite the challenges faced by the industry” states an FMI analyst

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Competitive Landscape:

Key players in the atrophic vaginitis treatment are Shionogi, Duchesnay, Hormos Medical, QuatRx Pharmaceuticals, Pantarhei Bioscience, Mithra Pharmaceuticals, AMAG Pharmaceuticals, Bayer HealthCare Pharmaceuticals Inc, Theramex, Endoceutics, Inc.

Shionogi is a pharmaceutical company that has developed a treatment for atrophic vaginitis called Intrarosa (prasterone). Intrarosa is a vaginal insert that contains the hormone dehydroepiandrosterone (DHEA), which is converted into estrogen in the body.
Bayer HealthCare Pharmaceuticals Inc, a key player in the atrophic vaginitis treatment market is focusing on developing treatments for the ailment by researching and investing in developing therapies.

Key Segments Profiled in the Atrophic Vaginitis Treatment Industry Survey:

Diagnosis:

Pelvic exam
Urine test
Acid balance test

Treatment:

Vaginal moisturizers
Water-based lubricants

Therapy Type:

Estrogen based drugs
Non-estrogen based drugs

Distribution Channel:

Hospital Pharmacy
Online Pharmacy
Retail Pharmacy

Region:

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

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Nandini Singh Sawlani

Global Treatment-Resistant Hypertension Management Market Set to Reach US$ 159.41 Million by 2033

The global treatment-resistant hypertension management market is poised for substantial growth, with forecasts predicting an expansion from US$ 43 million in 2023 to US$ 159.41 million by 2033. This impressive increase represents a compound annual growth rate (CAGR) of 14%, reflecting a notable acceleration from the 11% CAGR recorded between 2018 and 2022.

Treatment-resistant hypertension is defined as high blood pressure that remains uncontrolled despite the concurrent use of three or more antihypertensive medications. TRH not only poses severe health risks, including heightened chances of cardiovascular events and end-organ damage but also presents significant challenges in management for healthcare providers.

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The considerable growth projected in the TRH management market can be attributed to several key factors:

Increasing Prevalence: The number of individuals diagnosed with hypertension is on the rise globally, thereby increasing the population of patients who potentially develop treatment-resistant forms of the condition.
Enhanced Awareness: There is a growing recognition of the risks associated with uncontrolled hypertension, which has heightened the demand for more effective management solutions.
Technological and Pharmacological Advancements: Innovations in medical technology and new pharmacological developments have led to the introduction of novel treatment options, expanding the market further.

The surge in research and development activities around TRH management is a testament to the urgent need for innovative and effective treatments that can address the complexities of this condition. Industry stakeholders are increasingly focused on developing strategies that can deliver better health outcomes and improve the quality of life for those affected by this challenging form of hypertension.

As the TRH management market continues to evolve, it holds significant potential for healthcare providers, patients, and medical technology firms specializing in hypertension and cardiovascular care. The next decade is likely to witness the introduction of more advanced and patient-centric solutions that will redefine how treatment-resistant hypertension is managed across the globe.

Key Takeaways from the Market Study:

From 2018 to 2022, the Treatment-Resistant Hypertension Management market grew at a CAGR of 11%.
The global Treatment-Resistant Hypertension Management market is expected to grow with a 14% CAGR during 2023 to 2033.
As of 2033, the Treatment-Resistant Hypertension Management Market is expected to reach US$ 159.41 Million.
According to the FMI analysis, the hospitals segment accounts for the largest market share.
North America is expected to possess 40% market share for the Treatment-Resistant Hypertension Management market.
The East & South Asia market is predicted to increase significantly throughout the forecast period, with a share of 20% during the forecast period.

“A series of international level collaborations involving healthcare stakeholders across various institutional settings are fueling further clinical trials and research studies dedicated to discovering Treatment-Resistant Hypertension Management.” says an FMI analyst

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Market Competition:

Key players in the market include companies such as Competition Deep Dive, Janssen Biotech, Quantum Genomics SA, CinCor Pharma, Ionis Pharmaceuticals, Vifor Pharma, KBP Biosciences, Abbott, Kona Medical, Inc., Medtronic along with healthcare providers and technology companies among other global players.

The findings of a phase II trial, conducted by a researcher from Queen Mary University of London in collaboration with colleagues at CinCor Pharma, USA, indicate that a novel drug named Baxdrostat can effectively decrease high blood pressure (hypertension) in patients who may not respond to existing treatments for the condition. Baxdrostat functions by hindering the body’s production of aldosterone, a hormone that governs the salt levels in the body. The drug successfully reduced the levels of aldosterone in the blood and urine. The study demonstrated that Baxdrostat resulted in a considerable decrease in blood pressure among patients who exhibit resistance to standard medications for hypertension, which is attributed, in part, to excessive production of the aldosterone hormone.

More Insights Available:

FMI, in its new offering, presents an unbiased analysis of the global Treatment-Resistant Hypertension Management market, presenting historical analysis from 2018 to 2022 and forecast statistics for the period of 2023 to 2033.

The study reveals essential insights on the basis of Distribution Channel, Treatment & Region.

Key Segments Profiled in the Treatment-Resistant Hypertension Management Industry Survey

Treatment:

Diuretic therapy
Combination therapy
Mineralocorticoid receptor antagonists

Distribution Channel:

Hospital Pharmacy
Retail Pharmacy
Online Pharmacy

Region:

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

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France Outbound Tourism Market Hits US$ 51.6 Million, Fueled by 4.3% CAGR Until 2032

The France outbound tourism market is estimated to grow at a CAGR of over 4.3% during the projection period of 2022 to 2032. Sales in the market are slated to reach a valuation of US$ 51.6 Million by the end of 2032.

Holiday entitlement is a scheme promoted by several multinationals in France to avail assigned days of leaves for leisure and relaxation purposes. In addition, the National Holiday Voucher Agency policy gives the privilege to the employees in accordance with the law enacted on 11th February 2005 for equal participation and opportunity for special amenities within the France tourism structure.

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The policy helps to improvise the accessibility of the outbound tourism facilities and acts as a strong driver for outbound tourism, leisure, and culture. Industrial tourism has become a genuine tourism sector due to the presence of large multinationals in France.

Company visits abroad and industrial tourism have become prominent, both in terms of leisure and business tours. This factor not only promotes international and cross-border trade but also creates a healthy atmosphere among the employees of various companies. This trend is estimated to have a moderate to high impact on the France outbound tourism market.

Key Takeaways from the France Outbound Tourism Market Study

Based on purpose, the vacation segment is expected to witness fastest growth over the forecast period.
In terms of tour category, package travel segment is expected lead the France outbound tourism market over the assessment period.
Based on season, the October-December segment will create maximum revenue in the France outbound tourism market.
In terms of gender, the female segment is expected to be the most lucrative segment over the forecast period.
By top destinations, Spain and Italy are expected to be the most preferred locations among the consumers

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Future Market Insights, in its new offering, provides an unbiased analysis of the France outbound tourism market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

Key Players

Tui France
France Billet
Ticketnet
Odalys Evasion
Global Business Travel France
Travel Lab SAS
Oui.sncf SAS
Fram
Pv-Cp Distribution
Vacances Heliade

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France Outbound Tourism Market by Category

By Age Distribution:

Under 18 years
18-25 years
26-35 years
36-45 years
46-55 years
Above 55 years

By Monthly Income:

Less than US$ 2,000
US$ 2,000-3,999
US$ 4,000-7,999
US$ 8,000-11,999
US$ 12,000 & Above

By Gender:

Male
Female

By Purpose:

Vacations
Visiting Family & Friends
Business Trips
Study
Others

By Mode of Transportation:

Rail
Air
Sea
Road

By Travel Frequency:

Once each year
Several times each year
Once for each 2-3 years
Others

By Season:

January-March
April-June
July-September
October-December

By Tour Category:

Package Travel
Semi-Independent Travel
Group Tour
Independent Travel

By Categories:

Transport
Entertainment & Site Seeing
Travel Intermediaries
Shopping
Retail
Tipping

By Preference and Behaviors:

Value-Seeking Sightseer
Unplugged
Aspirant
Individualist
Backpacker
Shopper
Novice Traveler
Sophisticated Traveler

By Tourist Attraction Favored:

Sea/Beaches
Countryside
In the city
Mountain Tracking, Natural Places

By Length of Stay:

Nil nights
1-3 nights
4-7 nights
8-14 nights
15+ nights

By Top Destinations:

Spain
Italy
United Kingdom
Germany

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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Nandini Singh Sawlani