Market Research Blog – Page 3242 – New Product Development

Global Network Point of Care Glucose Testing Industry is expected to grow at a 4.8% CAGR and reach US$2.5 Billion by 2032 | FMI

According to Future Market Insights (FMI), the Global Network Point Of Care Glucose Testing Industry is expected to have a significant upswing, rising from US$ 1.6 billion in 2021 to an estimated US$ 2.5 billion by 2032. The newest research from FMI emphasises the steady development trajectory and the exceptional success of the Accu-Chek Inform II system in particular.

Accu-Chek Inform II has become a key component in this industry’s performance, growing at a consistent 4.5% compound annual growth rate (CAGR) between 2017 and 2021. The system’s advanced automated real-time wireless capabilities, which allow for the accurate and smooth transfer of patient data between laboratories and healthcare providers, are largely responsible for its popularity.

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US to Dominate Network Point-Of-Care Glucose Testing Market throughout the Analysis Period

In 2021, the United States generated the most revenue in the network point-of-care glucose testing market. In the United States, revenue from network point-of-glucose testing increased at a 4.6% CAGR from 2017 to 2021. The high prevalence of diabetes in the geriatric population, combined with increased awareness of glucose testing, is driving the network point-of-care glucose testing market in the United States. Furthermore, with key companies taking the lead in raising awareness about POC glucose monitoring, the market is expected to grow by US$ 735 million by 2032.

Global Network Point of Care Glucose Testing Industry: Competition Insights

Companies engaged in network point-of-care glucose testing are solely concerned with raising diabetes awareness and developing advanced point-of-care glucose testing devices. F. Hoffmann-La Roche and others are key players in the network point-of-care glucose testing market. The company Hoffmann-La Roche Ltd. Danaher, Abbott, Nipro, Platinum Equity Advisors, LLC (Lifescan, Inc.), Nova Biomedical, ACON Laboratories, Trividia Health, Inc., Prodigy Diabetes Care, LLC, Bayer AG/Ascensia Diabetes Care Holdings AG, EKF Diagnostics, and others are among the companies that have participated.

Some of the recent developments by key providers of Network Point-of-Care Glucose Testing are as follows:

Roche announced the release of the Cobas pulse system in January 2022 to manage blood glucose solutions. It is intended to be the first diagnostic tool available at the point of care, as well as a means for users to communicate with developers of digital health software and applications. As a result, clinical insights will become easier to obtain, and patient care will improve.
EKF Diagnostics introduced the STAT-Site WB handheld analyzer in October 2021. It is primarily used for determining -ketone and glucose levels in whole blood in seconds. It sends results in 10 seconds for -ketones and 5 seconds for glucose using two different test strips.
EKF Diagnostics will collaborate with Tosoh Europe N.V. in May 2020. for the Middle East and Africa distribution of a Quo-Test HbA1c point-of-care (POC) analyzer The collaboration’s goal is to meet the needs of those who are more likely to develop diabetes.
ACON laboratories released an On Call Express Voice in the US market in September 2019. This feature complements ACON laboratories’ family of blood glucose metres. It includes navigation and an audio feature to help the user get the most out of the audible blood glucose metre.

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Key Segments Covered in Global Network Point of Care Glucose Testing Industry Survey

Global Network Point of Care Glucose Testing Industry by Product Type:

i-STAT
Accu-Chek Inform II
Stat Strip
Hemo Cue
Care Sens Expert Plus
BARO-zen H Expert Plus

Global Network Point of Care Glucose Testing Industry by Region:

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

More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Network Point of Care Glucose Testing Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights based on Product Type (i-STAT, Accu-Chek Inform II, Stat Strip, Hemo Cue, Care Sens Expert Plus, BARO-zen H Expert Plus), across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

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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 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:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Intradermal Injection Industry is expected to grow at a remarkable rate of 10.8% CAGR to reach US$ 10,814.47 Million by 2032 | FMI

According to the most recent report from Future Market Insights (FMI), the Global Intradermal Injection Industry is expected to reach new heights with a projected compound annual growth rate (CAGR) of 10.8% from 2022 to 2032. This indicates that the industry is poised for unprecedented growth, with an anticipated valuation of over US$ 3,878 million in 2022.

A new age of surgical methods has begun, with an emphasis on maximizing results and minimizing waste, thanks to recent technology developments. Reusable intradermal devices are one noteworthy discovery that has a beneficial influence on overall economic productivity and less waste formation.

The use of intradermal delivery systems has gained prominence, supported by compelling evidence from various meta-analyses showcasing a notable reduction in the intensity of adverse events associated with drug administration. This paves the way for a robust and sustainable market growth trajectory in the foreseeable future.

This is one of the major factors that act as one of the leading reasons for increasing the Global Intradermal Injection Industry size of tuberculin syringes. According to the American Cancer Society’s 2022 report, over 1.9 million new cancers are expected to be recorded in the United States in 2022. Also, as per the same source, the risk of having cancer rises dramatically as one gets older, and in the United States, 80% of cancer patients are 55 or older, with 57% being 65 or older. These figures tell that the growing geriatric population is expected to have a significant positive impact on the growth of the market.

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Key Takeaways from the Global Intradermal Injection Industry Study

The global Intradermal Injection market is expected to garner a market value of US$ 10,814.47 Million.
The market is projected to exhibit a compound annual growth rate (CAGR) of 10.8% from 2022 to 2032.
The European intradermal Injection market size is anticipated to register commendable growth, with the United Kingdom acquiring a major share.
North America was the leading regional segment in terms of revenue and market share.
Based on the method, the normal-sized needles dominate the market.
By application, the tuberculin skin test segment is estimated to hold the largest share.

“The growing burden of chronic diseases has led to a rise in the overall use of syringes, particularly disposable syringes, intradermal jet injectors, microinjections, and ballistic intradermal injections treatment and diagnostic purposes,” says an analyst at Future Market Insights.

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Key Market Players

Major players are channeling efforts toward expanding their production capacities to strengthen their market share and cater to the growing demand. Market expansion is anticipated to be aided by the growing number of partnerships and collaborations among key players who are looking to increase their presence in the market. Key players in the Global Intradermal Injection Industry are Becton Dickinson, Cardinal Health, West Pharmaceuticals Services, Terumo Corporation, Nanopass, Pharmajet, Idevax, Enusung, Crossject, and Hindustan Syringes and Medical Devices.

In May 2022, Stevanato Group S.p.A. signed an exclusive agreement with leading medical device developer and manufacturer Owen Mumford Ltd. for its Aidaptus auto-injector. Adeptus is a 2-step, single-use auto-injector with a versatile design that accommodates both 1 mL and 2.25 mL prefilled glass syringes in the same base device.
In May 2020, Takeda Pharmaceutical Company Limited received approval from the European Commission for the subcutaneous (SC) formulation of Entyvio (vedolizumab), a gut-selective biologic for use as maintenance therapy in adults with moderately to severely active ulcerative colitis (UC) or Crohn’s disease (CD). Entyvio SC is available in both a pre-filled syringe and a pre-filled pen.
Terumo Corporation is a pioneer in hypodermic needle innovation. The company offers a comprehensive platform of precision-engineered needle and needle stick prevention technologies ready for the most challenging applications and high-throughput processing environments. The company helps design and deliver safer, less painful injections to ensure the therapeutic success of the drug product. Some of its products include the Nanopass® 34G Needle for Pen Injectors, the Neolus Needles, SurGuard® Safety Hypodermic Needles, the SurGuard® 3 Safety Hypodermic Needles, and the Terumo 3-Part Syringe.
In May 2021, Crossject announced further strengthening of its partnership with long-term collaborator Cenexi to ramp-up industrial-scale manufacturing of the ZENEO® needle-free auto-injection. With this announcement, Cenexi strengthened its positioning on innovation and sterile manufacturing expertise thanks to its human-scale agility and its recognized skills in pharmaceutical development.

More Valuable Insights

In its new offering, Future Market Insights presents an unbiased analysis of the Global Intradermal Injection Industry, presenting a historical analysis from 2017 to 2021 and forecast statistics for 2022-2032.
The study reveals essential insights based on Method (normal-sized needles, Short Needle (Intradermal Microinjection, Microneedle Arrays, and Tattoo Devices], and Without Needle {Intradermal Liquid Jet Devices and Ballistic Intradermal Injectors]), Application (Tuberculin Skin Test, Allergy Test, Local Aesthetics, and Others), and End User (Hospitals, Diagnostic Laboratories, Academics and Research Institutes, and Others) & Region.

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About the Technology at Future Market Insights

The healthcare team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.

Key Segments Profiled in the Global Intradermal Injection Industry Industry Survey

Global Intradermal Injection Industry by Method:

Normal Sized Needles
Short Needle
Intradermal Microinjection
Microneedle Arrays
Tattoo Devices
Without Needle
Intradermal Liquid Jet Devices and
Ballistic Intradermal Injectors

Global Intradermal Injection Industry by Application:

Tuberculin Skin Test
Allergy Test
Local Aesthetics
Others

Global Intradermal Injection Industry by End User:

Hospitals
Diagnostic Laboratories
Academics and Research Institutes
Others

Author

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

About Future Market Insights (FMI)

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:

Nandini Singh Sawlani

Fast Food Bag Market on the Rise, Reaching US$ 830.2 Million by 2034, Fueled by Convenience and Online Ordering

The fast food bag market is poised for steady growth, with a projected value of US$830.2 million by 2034. This represents a significant increase from US$486.0 million in 2024, reflecting a compelling compound annual growth rate (CAGR) of 5.5%.

Fast Food Culture Drives Demand for Convenient Packaging

The ever-growing popularity of fast food is a key driver propelling the fast food bag market. Consumers are increasingly opting for convenient food options, and fast food bags play a crucial role in delivering this convenience. The rise in fast food restaurants and the online food delivery boom are further fueling market growth.

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Evolution of Fast Food Bags: Safety and Sustainability

Fast food bags have undergone advancements to prioritize both safety and sustainability. Materials have become sturdier to prevent spillage, ensuring food arrives fresh and intact. Additionally, the rise of eco-friendly consumer preferences has led to the popularity of biodegradable paper bags, offering a more sustainable alternative to traditional options.

Market Trends: Balancing Convenience with Sustainability

While paper bags are gaining traction, non-biodegradable options are facing increasing scrutiny from environmentally conscious consumers. This trend highlights the need for continued innovation in sustainable materials for fast food bags.

Market Expansion: Exploring New Horizons

The global expansion of major fast-food chains is opening doors for the fast food bag market in new territories. As these chains enter new markets, the demand for fast food bags grows alongside.

Beyond Packaging: A Marketing Tool

Fast food bags are more than just packaging – they serve as valuable marketing tools. Hotels, fast-food chains, and other businesses leverage these bags for branding and advertising, reaching a wider audience.

The Future of Fast Food Bags

The fast food bag market reflects the evolving fast-food industry. As the industry prioritizes convenience, online ordering, and sustainability, we can expect further innovation in fast food bag design, materials, and functionality.

Key Takeaways from the Fast Food Bag Market:

The fast food bag market is projected to be valued at US$ 486.0 million in 2024.
Brown kraft is the most popular type of material from which fast food bags are made. In 2024, the brown kraft segment holds 82.5% of the market share by material type.
Hotels, restaurants, and cafes lead the application segment. In 2024, the market share of hotels, restaurants, and cafes is expected to be 66.1%.
India is tipped to be one of the fastest-growing countries in the market. For the forecast period, the CAGR for the market in India is estimated to be 7.5%.
China is another Asian country with a strong potential for market growth. The CAGR for the market in China is expected to be 6.7% over the forecast period

Key Companies in the Fast Food Bag Market:

Smurfit Kappa Group
WestRock Company
Mondi Group
Amcor Limited
Sonoco Products Company
Huhtamaki Oyj
Novolex Holdings LLC
Ronpak Inc.
International Paper Company
Berry Global Group, Inc.

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Fast Food Bag Market Key Segments:

By Material Type:

Brown Kraft
Disposable Foam
Polypropylene
Plant Fiber
White Kraft
Pulp Molding
Others

By Application:

Hotels, Restaurants and Cafes
Grocery Stores
Bakeries
Candy Stores
Gift Shops

By Region:

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

Author

Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.

Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.

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:

Nandini Singh Sawlani

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

Crossfit Apparel Market Projected to Reach US$ 149 Million by 2032: Insights into Growth Trends and Market Dynamics

The crossfit apparel market is set to achieve a CAGR of 2.3% between 2022 and 2032. Expectedly, the market is anticipated to generate a revenue of US$ 113 million in 2022, surging to US$ 149 million by 2032.

The demand for crossfit apparel is witnessing a surge, driven by a shift in people’s perspectives on sports and fitness due to heightened health awareness.

Despite the easing of lockdown measures, e-commerce continues to thrive, leading to a significant expansion in the crossfit apparel market size.

The rising popularity of digital forms of exercise, whether individual or community-based, has created new opportunities in the crossfit apparel market for key players to capitalize on.

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Furthermore, the crossfit apparel market growth is also contributed by the fitness influencers’ aggressive efforts to promote active wear and attract consumers have resulted in the athleisure cult.

Rising adoption of functionality-specific apparel and footwear, as well as technological advancements, are considered to improve the crossfit apparel market statistics.

Some of the most recent developments in the crossfit apparel market include functional clothing, which is made with anti-bacterial materials that can prevent body odour.

Companies are offering sports shoes and socks with specialized features in response to an increase in the incidence of foot diseases and allergies, in turn, augmenting their crossfit apparel market share.

The crossfit apparel market is categorized into product type, material type, consumer orientation, sales channel, and region.

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Key Takeaways:

Based on consumer orientation, women segment is likely to lead the crossfit apparel market with a CAGR of 4.2% through 2032.
By sales channel, the e-commerce segment is expected to grow the fastest, owing to increased internet penetration and increased use of smartphones for online shopping, which allows consumers to compare products in real time and make informed decisions.
In Europe, which continues to be an important component of the global economy, Germany is considered to contribute significantly to the region’s crossfit apparel market size over the next few years.
The global market for top wear is forecasted to lead the crossfit apparel market with the US holding the largest regional crossfit apparel market share for the top wear segment.
APAC’s key markets for crossfit apparel are China and Japan, where the market in these regions is estimated to advance faster than the market in other regions.

Competitive Landscape:

Some of the notable players in the crossfit apparel market include

Adidas AG
Reebok International Limited
Anta Sports Products Limited
ASICS Corporation
Columbia Sportswear Company
Elite Sportswear
LP
Hanesbrands Inc.
NIKE, Inc.
Patagonia Inc.
Puma SE
Under Armour Inc.

The players in the crossfit apparel market have adopted acquisition as their primary development strategy in order to increase profitability and consolidate their crossfit apparel market share.

Major market players are coming up with various emerging trends in crossfit apparel market with the aid of these strategies.

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Key Segments

By Product:

Shirts
Pants
Others
Shorts
Sweatshirts & Hoodies
Tank-top

By Material Type:

Nylon
Wool
Polyester
Others

By Sales Channel:

Direct Sales
Franchised Stores
Specialty stores
Online retailers
Other sales channels
mono brand stores
wholesalers/retailers

By Consumer Orientation:

Men
Women
Unisex

Author

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.

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:

Nandini Singh Sawlani

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

Global Intrathecal Pumps Industry is expected to grow at a 5.2% annual rate and reach US$383.5 Million by 2032 | FMI Report

In 2022, the Global Intrathecal Pumps Industry is expected to be worth US$ 231.5 million. Future Market Insights (FMI) has conducted research indicating significant industry development. Forecasts show that the market will expand at a consistent compound annual growth rate (CAGR) of 5.2% between 2022 and 2032. By the conclusion of the forecast period, the market is expected to reach a spectacular value of around US$ 383.5 million.

The fact that intrathecal pumps require far smaller amounts of medication than oral ones is one of the main reasons behind the growing demand for these devices. As a result, intrathecal pumps are now seen as the treatment of choice by medical professionals and patients, creating a favourable atmosphere for market growth.

Moreover, the prevalence of chronic pain is increasing globally, which is a major driver of the intrathecal pump market. According to data published by Boston University’s School of Public Health, there are an estimated 1.5 billion cases of chronic pain worldwide, with the incidence of this condition increasing with age. Furthermore, statistics provided by the Centers for Disease Control and Prevention reveal that approximately 50 million Americans suffer from chronic pain, with 20 million experiencing high-impact chronic pain. These numbers are steadily rising, thereby contributing to the growth of the Global Intrathecal Pumps Industry.

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The United States will hold the largest share of the market throughout the Analysis Period

From 2022 to 2032, the Global Intrathecal Pumps Industry is estimated to develop at a CAGR of 5.2% in the United States. The CAGR for the growth of the intrathecal pump market from 2017 to 2021 was 3.5%. According to research by the American Cancer Society, in 2021, over 24 thousand people in the United States experienced a malignant tumor of the brain or spinal cord.

There are now significantly more cancer patients, according to a report recently published by the WHO’s International Agency for Research on Cancer. There are around 14.1 Million cancer patients, according to estimates. Additionally, it was determined that 8.2 Million individuals will lose their lives to cancer each year. The market for intrathecal pumps is expected to rise in the future due to the increase in cancer cases.

Global Intrathecal Pumps Industry: Competition Insights

Some of the key companies operating in the Intrathecal Pumps Market include Medtronic, Smiths Medical, Flowonix Medical Inc., tricumed Medizintechnik GmbH, Teleflex Incorporated, Johnson and Johnson Services, Inc., Durect Corporation, Medallion Therapeutics, Inc., Abbott, Baxter International Inc., Codman & Shurtleff, Inc., DePay Synthes, Summit Medical Group, B Braun Melsungen AG, Becton, Dickinson & Company and Fresenius Medical Care AG & Co. KGaA., and Zimmer Biomet.

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Some of the recent developments by key providers of the Global Intrathecal Pumps Industry are as follows:

In January 2021, a US$ 33 Million award was given to Flowonix Medical, a U.S.-based medical device business that specializes in implanted medication delivery systems. A US$ 10 Million debt facility was given as part of the deal by SWK Holdings (SWKH), a specialized finance firm that works with small- and mid-sized commercial-stage life-science enterprises.
In October 2020, to reinforce safety advice regarding proper cleaning procedures for the pumps, Baxter International Inc. issued an urgent device correction for all of its spectrum infusion pumps. The failure to follow the prescribed cleaning procedures reduced the efficiency and effectiveness of the pumps.
In February 2020, a 40 ml pump for intrathecal drug delivery was introduced by Flowonix Medical. It uses a pressure-driven, valve-gated delivery mechanism and has a battery life of more than 10 years, reducing the need for additional surgical procedures.

More Insights Available

In its new offering, Future Market Insights presents an unbiased analysis of the Global Intrathecal Pumps Industry, presenting historical market data (2017-2021) and forecast statistics for 2022-2032.

The study reveals essential insights by Type (Baclofen, Bupivacaine, Clonidine, Morphine, Ziconotide, and Other Types), By Application (Spasticity and Pain), across five regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

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Key Segments Covered in Global Intrathecal Pumps Industry Survey

By Type:

Baclofen
Bupivacaine
Clonidine
Morphine
Ziconotide
Other Types

By Application:

Spasticity
Pain

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

Author

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

About Future Market Insights (FMI)

Contact Us:

Nandini Singh Sawlani

Horizontal Form Fill Seal Machines Market Set for Steady Growth US$ 993.2 million by 2033, Fueled by Automation and Sustainability

The global horizontal form fill seal (HFFS) machines market is poised for consistent expansion, with a projected value of US$993.2 million by 2033. This represents a significant increase from US$673.3 million in 2023, reflecting a steady compound annual growth rate (CAGR) of 4.0%.

Market Driven by Integrated Packaging and Automation

The demand for integrated and single packaging machines is expected to be a key driver of the HFFS market. This trend aligns with the growing need for streamlined production processes and reduced labor costs. Additionally, the rising popularity of fully automated HFFS machines is anticipated to further propel market growth, offering manufacturers increased efficiency and consistency.

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Beyond Food: HFFS Machines Diversify Applications

While the food segment remains a significant user of HFFS machines, the non-food sector is expected to witness the most prominent growth. This surge is attributed to the increasing use of HFFS machines in industries like healthcare, pharmaceuticals, and consumer goods.

Sustainability and Eco-Friendly Packaging Gain Traction

Consumers and businesses alike are prioritizing sustainability, creating lucrative opportunities for HFFS machine manufacturers. Advancements in eco-friendly packaging materials and the ability to integrate these materials into HFFS machines are key factors attracting environmentally conscious companies.

Smart Packaging Enhances Transparency and Efficiency

The demand for improved transparency and supply chain visibility is being met by integrating smart packaging features into HFFS machines. These features, such as QR codes and RFID tags, allow for product tracking and verification, providing valuable insights throughout the supply chain.

HFFS Machines: A Versatile Solution for Modern Packaging Needs

Horizontal form fill seal machines are highly sophisticated, computer-controlled systems used to create, fill, and seal a wide array of packages, including pouches and bags. Their versatility and ability to integrate with smart packaging technologies make them a valuable asset for companies across various industries.

Robust growth of end-use sectors such as food & beverage, pharmaceutical, and personal care and rising demand for advanced packaging machinery are key factors driving the target market.

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Major Players:

ACMA S.p.A
Bradman Lake Group (Langley Holdings plc)
Cavanna Packaging Group
CT Pack
IMA-IIapak
FUJI MACHINERY CO.,LTD.
Loesch Verpackungstechnik GmbH
Masipack
Omori North America Inc.
F.M. S.P.A.
Sacmi (Sacmi Packaging & Chocolate S.p.a.)
SONGPINE
Soontrue
Tecno Pack Spa
Theegarten-Pactec

Market by Category:

By Product Type:

Stand Alone Wrapper
- Semi-automatic Feeding
- Automatic Feeding
Wrapper (Including Feeding and Grouping)
Fully Automated System

By Capacity:

Less than 150 Packs Per Minute
151 to 350 Packets Per Minute
351 to 600 Packets Per Minute
601 to 1000 Packs Per Minute
More than 1000 Packets Per Minute

By Packstyle:

Single Product
Rowed Product
Side by Side Product
Tray
Multipack

By End Use:

Chocolate & Bars
- Chocolate
- Tablets
- Chocolate Bars
- Bite Size bars
- Health Bars
Cookies & Crackers (Biscuit)
- Savoury Biscuits & Crackers
- Coated Biscuits
- Cookies
- Filled Biscuits
- Plain Biscuits
Bakery
- Bread
- Rolls
- Cakes
- Donuts
- Waffles
- Wafer
- Pancakes/ Tortillas
- Pastries
- Pies
Frozen
- Frozen Meals
- Frozen Pizza
- Dough
- Frozen Bakery Products
Fresh Produce
- Fruits & Vegetables
- Sandwiches
Dairy
- Yoghurt
- Cheese
- Other Dairy Products
Meat
- Fresh Meat
- Ground Meat
- Sausage and Deli Meat
Other Foods
- Confectionery
- Sauces
- Condiments
- Pet Foods
Non-Food
- Healthcare
- Personal Care
- Homecare

By Region:

North America
Latin America
East Asia
South Asia & Pacific
Western Europe
Eastern Europe
Central Asia
Russia & Belarus
Balkan & Baltic Countries
Middle East & Africa

Author

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

Exploring the Growth Trajectory: Post-Shave Care Market Set to Flourish at a CAGR of 7.1% by 2032

The global post-shave care market, valued at US$ 2,692.0 Million in 2022, is projected to achieve US$ 5,340.8 Million by 2032, boasting a robust CAGR of 7.1% from 2022 to 2032. Within the global shaving care market, the demand share of post-shave care products ranges from approximately 5% to 7%.

The global post-shave care market is expected to grow significantly over the forecast period, owing to a growing awareness of personal grooming among consumers all over the world. Rising disposable income, together with rising living standards, is boosting demand for personal care goods and contributing considerably to the market’s growth.

Growing awareness of grooming and hygiene among males is a key factor driving demand for post-shave lotions and creams. With surging male grooming industry’s product development has increased the demand for post-shave care products.

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In addition, increasing penetration of the e-commerce industry, as well as the increased use of social media platforms, is resulting in widespread adoption of grooming products. Furthermore, the ever-changing male fashion trends are leading to the development of new products as well as an increase in their adoption. Shaving balm for soothing the skin, are examples of such products.

Key Takeaways from the Post Shave Care Market Study:

Asia Pacific post shave market is predicted to contribute significant revenue share and lead the global market.
The post shave care market in North America is primarily driven by the increasing demand for male grooming products and the growing trend of stubble in males in this region.
The supermarket/hyper Market segment is likely to dominate among distribution channel segments.
Increased demand for natural and organic products, as well as strict rules on the use of certain synthetic chemicals, are putting pressure on vendors.

Who is winning?

Leading manufacturers of post-shave care are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of post-shave care globally.

Major players present in the post-shave care market are

Procter and Gamble
Unilever
Beiersdorf
Godrej Consumer Products Limited
L’Oréal
Colgate-Palmolive Company
Coty Inc.
D.R. Harris & Co Ltd.
Vi-john Group
Herbacin cosmetic GmbH

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Global Post-Share Care Market By Category

By Product Type:

Lotion & Balm
Splash

By Consumer Orientation:

Men
Women

By Price Range:

Low
Medium
Premium

By Sales Channel:

Supermarkets/Hypermarkets
Specialty Stores
Multi-Brand Stores
Salon/Grooming Clubs
Drug Stores & Pharmacies
Online Retailers
Other Sales Channel

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Mobile Sterile Units Market on the Rise: Projected to Reach US$391.3 Million by 2033, Is Projected to Expand at 5.7% CAGR

The global mobile sterile units market is on course for rapid expansion, with a predicted end-of-year valuation of US$391.3 million. This amounts to a 5.7% Compound Annual Growth Rate (CAGR) and is based on a 2022 market value of US$214.6 million.

Combating Infection Risk Drives Market Growth

The increasing emphasis on reducing hospital-acquired infections (HAIs) in healthcare settings is the main factor driving the market rise. The risk of HAIs is increased by a number of conditions, including:

Increased Use of Catheters
Improper Hygiene Practices
Overuse of Antibiotics

Furthermore, the rising number of complex clinical surgeries necessitates stricter infection control measures. Mobile sterile units offer a solution by providing a controlled and sterile environment for procedures at the point of care, minimizing the risk of contamination compared to traditional operating rooms.

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Ensuring Sterility During Disruptions

For the purpose of sterilizing tools and equipment, hospitals and other healthcare facilities usually depend on centralized sterile services departments (CSSDs) that are outfitted with autoclaves. However, these CSSDs may become unusable due to disruptions like construction, remodeling, or equipment failure. Sterile mobile units fill this vital void.

Mobile Units: A Backup for Uninterrupted Care

When conventional sterilizing procedures are disrupted, mobile sterile units—also referred to as mobile central supply departments (MCSDs) or mobile sterile processing departments (MSPDs)—provide an essential backup plan. These movable modules guarantee the continuous high-quality and effective operation of healthcare institutions by offering a self-contained sterile environment.

Competitive Landscape:

Prominent suppliers of mobile sterile units are focusing on geographical growth through acquisitions of local market companies in order to increase sales footprint and boost revenue in emerging economies. The three primary tactics suppliers employ to increase product sales across borders are distributor agreements, mergers and acquisitions, and strategic collaborations.

Recent Market Developments

In Feb 2020, Astell Scientific and Progressive Recovery, Inc. (PRI) collaborated to make PRI the exclusive USA sales and service dealer for Astell’s line of steam sterilizer autoclaves.
In June 2020, Tuttnauer introduced new novel products, including the T-Edge autoclave, TIVA-2 washer, and T-Clean line, to strengthen its infection control solutions.

Similarly, recent developments have been tracked by the team at Future Market Insights related to companies in the mobile sterile units market, which are available in the full report.

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Key Companies Profiled:

Tuttnauer
Benchmark Scientific
Getinge Group
Belimed AG
Astell Scientific
Systec GmbH
Fedegari Autoclavi S.P.A.
Yamato Scientific Co. Ltd
Aller Innovations, Inc.
Hitech Ultraviolet Pvt. Ltd.
Renosem
Zhejiang FUXIA Medical Technology Co., Ltd.
Azbil group (Telstar)
Steris Plc
Steelco S.P.A
Mimic Medical Systems

Key Segments Covered in Mobile Sterile Units Industry Research:

By Product:

Steam Sterilizers
- Gravity Displacement Autoclave
- High-speed pre-vaccum sterilizer
Gaseous Sterilizer
- Ethylene oxide sterilizer
- Nitrogen dioxide sterilizer
- Chlorine dioxide sterilizer
- Ozone sterilizer
Ultraviolet Sterilizer
- Low pressure mercury lamp
- Pulsed Xenon Lamps
- Light-emitting diodes(LEDs)
Cold Plasma Sterilizers

By Region:

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

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About Future Market Insights (FMI)

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

Contact Us:

Nandini Singh Sawlani

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

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Aluminum Foil Market to Shine Bright, Reaching US$ 51,463.2 Million by 2033 | FMI

The global aluminum foil market is poised for a gleaming future, with a projected value of US$ 51,463.2 million by 2033. This upswing represents a significant increase from US$ 29,937.0 million in 2023, reflecting a robust compound annual growth rate (CAGR) of 5.6%.

Aluminum Foil: A Versatile Champion in Packaging

The ever-growing usage of aluminum foil across various industries, including food & beverage, pharmaceuticals, and cosmetics, is a key driver propelling the market forward. Consumers’ increasing preference for hygienic and convenient packaging solutions is further boosting demand for aluminum foil.

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From Kitchen to E-commerce: Aluminum Foil’s Widespread Appeal

The target market is expected to benefit from several trends:

Rise of On-the-Go Consumption: The escalating demand for convenience and single-serve packaging is fueling the use of aluminum foil.
E-commerce Boom: The surge in online shopping platforms is anticipated to support market expansion as products require secure and protective packaging.
Ready-to-Eat Craze: The growing popularity of convenient, ready-to-eat meals creates lucrative opportunities for aluminum foil manufacturers.
Diverse Applications: Expanding applications in electronics and automotive sectors are projected to widen aluminum foil’s market share.

Beyond Functionality: The Allure of Aluminum Foil

Aluminum foil’s inherent properties – lightweight, moisture-resistant, and heat-resistant – make it a highly functional packaging material. Additionally, aluminum foil packaging often boasts a sleek and modern aesthetic, appealing to consumers. Manufacturers can further enhance its visual appeal by incorporating various textures and effects.

Restraints:

Raw Material Costs: Fluctuations in the prices of aluminum as a raw material can impact the production costs of aluminum foil, affecting pricing and profit margins.
Competition: The aluminum foil market is competitive, with several manufacturers offering similar products, which can put pressure on pricing and profitability.
Environmental Concerns: While aluminum is recyclable, the process of aluminum production can be energy-intensive, leading to environmental concerns about the carbon footprint of aluminum foil.
Technological Advancements: The development of alternative packaging materials or construction solutions may pose a challenge to the market’s growth.
Regulatory Compliance: Adherence to regulations related to food contact materials, pharmaceutical packaging, and environmental standards can influence the market and product development.
Consumer Preferences: Evolving consumer preferences for sustainable packaging and alternatives to aluminum foil can impact market dynamics.
Supply Chain Disruptions: Disruptions in the supply chain, such as transportation challenges or geopolitical factors, can affect the availability and pricing of aluminum foil.

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Key Takeaways from the Global Aluminum Foil Market Report:
The worldwide Aluminum Foil Market Growth is projected to cross a valuation of US$ 51,463.2 million by
By packaging type, bags & pouches segment is estimated to hold more than 5% market share in the year 2033.
By thickness, the 10 to 18 microns segment is estimated to hold more than 2% market share in 2033.
By application, the food segment is projected to create an incremental opportunity of US$ 6,361.5 million during the assessment period.
The United States aluminum foil industry is projected to thrive at 5% CAGR through 2033.
Aluminum foil demand in India is likely to rise at 8% CAGR during the assessment period.

Major Manufacturers are:

Aditya Birla Management Corporation Pvt. Ltd. (Hindalco)
Amcor Plc
Constantia Flexibles Group
Huhtamäki Oyj.
Reynolds Consumer Products Inc.
Alu Flexpack AG.
Symetal Aluminum Foil Industry S.A.
Bahrain-Based Gulf Aluminium Rolling Mill (Garmco)
3M Company
SEE
LSKB Aluminium Foils Pvt. Ltd.
ACG World
Eurofoil Luxembourg S.A.

Market Segmentation:

By Packaging Type

Bags & Pouches
Wraps & Foil
Blisters
Lids
Tubes
Trays
Sachets

By Thickness

Less Than 7 Microns
7 to 10 Micron
10 to 18 Microns
18 to 25 Microns

By Application

Food
- Dairy
- Bakery and Confectionary
- Ready to Eat Foods
Beverages
- Alcoholic Beverages
- Juices
- Coffee & Tea
Pharmaceuticals
Personal Care & Cosmetics
- Haircare Products
- Nail Care Products
- Skin Care Products
Other (Electronics, Automotive, etc.)

By Region

North America
Latin America
East Asia
South Asia & Pacific
Western Europe
Eastern Europe
Central Asia
Russia & Belarus
Balkan & Baltic Countries
Middle East & Africa

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Author

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:

Nandini Singh Sawlani

Silo Bags Market Poised for Explosive Growth, Reaching US$ 1,783.5 Million by 2033 | FMI

The global silo bags market is anticipated to experience a surge in growth, reaching a projected value of US$ 1,783.5 million by 2033. This represents a significant increase from US$938.3 million in 2023, translating to a robust compound annual growth rate (CAGR) of 6.6%.

Silo Bags: A Cost-Effective Storage Solution for Farmers

The agricultural sector’s growing need for efficient and cost-effective grain storage solutions is a key driver propelling the silo bags market. Silo bags offer farmers and grain producers a practical alternative to traditional storage methods, eliminating the need for large, permanent structures. This translates to significant savings on construction and maintenance costs.

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Meeting the Needs of a Growing Population

As the global population continues to rise, pressure is mounting on the agricultural sector to increase productivity and minimize post-harvest losses. Silo bags, with their ability to effectively preserve grain without permanent structures, are expected to become an increasingly attractive choice for temporary storage.

Flexibility and Versatility: Key Market Advantages

The flexibility and versatility of silo bags further contribute to their rising popularity. These bags can be used in various locations, allowing farmers to store grains closer to fields, potentially reducing transportation costs and improving logistics.

Adoption of Sustainable Agricultural Practices to Increase Adoption of Eco-friendly Silo Bags

Growing focus on sustainable agriculture has led to increased adoption of eco-friendly silo bags. Eco-friendly silo bags are made from biodegradable, compostable, or recyclable materials. They also have a lower environmental impact compared to traditional plastic silo bags.

For example, a few manufacturers have started producing silo bags made from biodegradable materials. These are mainly derived from renewable resources such as cornstarch or sugarcane. These bags can be composted after use, reducing the amount of waste in landfills.

Another example is the use of recycled plastic in silo bags, which helps reduce plastic waste in the environment. By using eco-friendly silo bags, farmers can contribute to sustainable agriculture practices and reduce their environmental footprint.

Drivers:

Enhanced Grain Storage: The need for efficient and cost-effective grain storage solutions is a primary driver. Silo bags provide flexible, high-capacity storage options that protect grains from environmental factors.
Flexibility and Versatility: The adaptability of silo bags for use in various locations offers agricultural producers the flexibility to store grains closer to the source, reducing transportation costs and optimizing logistics.
Rising Global Population: The increasing global population necessitates improved food security, which drives the demand for grain storage solutions like silo bags to preserve crops for longer periods.
Farmers’ Preference: Farmers appreciate the ease of use and lower initial investment compared to traditional silos, making silo bags an attractive choice for on-farm grain storage.
Environmental Considerations: Silo bags offer a more sustainable and environmentally friendly storage option, as they reduce spoilage and waste, contributing to a greener agriculture industry.

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Key Market Players

Berry Global Inc.
IG Industrial Plastics, LLC
Canadian Tarpaulin Manufacturers Ltd.
Poly-Ag Corp.
Pacifil Brasil
Agroflex
Planet Plastic LLC
ARGSELMASH
Up North Plastics, Inc.
Seed & Forage Bags Australia Pty Ltd.
Polypropylene Products and Polypropylene Bags
Shanghai HiTeC Plastics Co., Ltd.
Shandong Longxing Plastic Film Technology Corp. Ltd.
Rishi FIBC Solutions Pvt. Ltd
IPESA USA LLC
RKW Group

Competitive Landscape

To ensure the safe storage of grains for extended durations, silo bag producers might concentrate on developing bags with premium materials and increased durability. Manufacturers can meet various demands of farmers and grain producers by providing a variety of bag sizes and capacities.

Adding UV protection and specific coatings to these bags can lengthen their lifespan and shield the grains inside from outside influences. To make bags more effective and user-friendly, manufacturers can spend money on research & development to improve bag design, materials, and manufacturing techniques.

For instance,

RKW HydroSpun GmbH was purchased by the AGRO Group, based in Bad Essen, in April 2022. It will start making spun bond nonwovens on its own.

Silo Bags Industry Segmentations :

By Material:

Low-density Polyethylene (LDPE)
Linear Low-density Polyethylene (LLDPE)
Others (High-density Polyethylene (HDPE), Polypropylene (PP))

By Capacity:

Less than 100 Tons
100 to 200 Tons
201 to 250 Tons
Above 250 Tons

By Layer:

3 Layer
5 Layer
7 Layer

By Application:

Cereals
Pulses
Legumes
Oilseed
Cottonseed
Fertilizers
Coal
Cement
Woodchip
Fodder
Other Grain Products

Author

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:

Nandini Singh Sawlani