Market Research Blog – Page 3287 – New Product Development

Revolutionizing Semiconductor Manufacturing: Extreme Ultraviolet Lithography Market Surges to US$ 17.35 Billion by 2033

Extreme ultraviolet lithography market is expected to have a market value of US$ 1,918.8 million in 2023 and US$ 17,353 million in 2033, with a compound annual growth rate (CAGR) of 24.6%. The increasing prevalence of smartphones worldwide is contributing to the growth of the extreme ultraviolet lithography industry.

Following its introduction, lithography technology was extensively used in microprocessors. The semiconductor industry’s constant progress and innovation has led to the creation of enhanced lithography methods including extreme UV lithography. During the projected era, it is expected that traditional optical lithography techniques now in use will gradually be replaced by extreme ultraviolet lithography technologies.

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Extreme ultraviolet lithography (EUVL) is a technology used in semiconductor manufacturing to produce smaller and more complex integrated circuits. EUVL uses light in the extreme ultraviolet (EUV) range, with wavelengths of 10-14 nanometers, to create patterns on a silicon wafer.

The EUVL market is driven by the increasing demand for higher-performance and lower-power semiconductors in various applications such as smartphones, data centers, and the Internet of Things (IoT). EUVL offers several advantages over traditional lithography techniques, including higher resolution, better contrast, and the ability to produce smaller features. These advantages enable manufacturers to produce more advanced and complex semiconductor chips, which are essential for the development of next-generation technologies.

The EUVL market is expected to grow significantly in the coming years, driven by factors such as increasing investment in semiconductor manufacturing, advancements in EUV light source technology, and the development of new and innovative applications for EUVL. Some of the key players in the EUVL market include ASML, Canon, Intel, Nikon, and Samsung, among others.

However, the market also faces some challenges, such as the high cost of EUVL equipment and the complexity of the manufacturing process. EUVL requires a highly specialized and controlled environment, which can be expensive to maintain. In addition, the development of EUVL technology requires significant investment in research and development, which can be a barrier to entry for smaller companies.

Despite these challenges, the EUVL market is expected to continue growing in the coming years, driven by the increasing demand for advanced semiconductors and the need for more advanced lithography technologies to support their development.

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Market Competition

Intel Corporation,
Nikon Corporation,
Canon Inc.,
IBM Corporation,
ASML, and
Samsung Corporation

are some of the main participants in the Extreme Ultraviolet Lithography industry.

Recent Market Developments in the Extreme Ultraviolet Lithography Market:

In July 2022, Nikon announced collaboration with the environmental and water management organisation CIWEM and the free streaming platform WaterBear committed to the future of the world to identify the 2022 Environmental Photographer of the Year. The yearly competition, now in its 15th year, strives to highlight the most inspirational environmental photography from across the world and give an international platform to raise awareness of environmental concerns that threaten the planet.

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Key Segments Profiled in the Extreme Ultraviolet Lithography Industry Survey

Extreme Ultraviolet Lithography Market by Light Source Type:

Laser Produced Plasmas
Vacuum Sparks
Gas Discharges

Extreme Ultraviolet Lithography Market by Application:

Light Emitting Diodes (LEDs)
Micro-Fluidics
Micro-Needles
Biotechnology

Extreme Ultraviolet Lithography Market by Region:

North America
Latin America
Europe
Asia Pacific
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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Global Knee Reconstruction Devices Market Poised for Steady Growth at 4.3% CAGR, Reaching US$13.0 Billion by 2033.

The global knee reconstruction device market is poised for significant growth, with a projected valuation of US$13.0 billion by 2033. This signifies a steady Compound Annual Growth Rate (CAGR) of 4.3% from its estimated value of US$8.5 billion in 2023.

Innovation at the Forefront: How Manufacturers are Propelling Growth

Healthcare manufacturers are at the forefront of this market expansion, employing a multi-pronged approach to drive growth. Their focus lies in developing innovative and patient-centric solutions that address a range of knee-related issues.

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Here are some key strategies fueling market growth:

Advanced Technology:Manufacturers are heavily investing in research and development, leading to the creation of advanced knee reconstruction devices. These advancements offer patients benefits such as shorter recovery times, improved outcomes, and enhanced implant durability.
Minimally Invasive Techniques:A key focus for manufacturers is the development of minimally invasive surgical techniques. These techniques minimize tissue trauma, leading to faster patient recovery after surgery.
Customization and Personalization:The use of 3D printing technology is enabling the creation of customized knee reconstruction devices, tailored to individual patient needs. These personalized solutions offer improved treatment outcomes.
Expanding Treatment Options:Manufacturers are broadening the market reach by developing advanced knee treatment procedures for a wider patient population. This includes younger patients, those with less severe knee conditions, and potential patients who might benefit from these procedures.

Global Reach and Strategic Partnerships:

Global Market Penetration:The burgeoning healthcare sector worldwide is witnessing the emergence of new manufacturers. This is fueled by the rising demand for knee reconstruction devices for joint replacement procedures.
Strategic Alliances:Manufacturers are gaining a competitive edge by acquiring new technologies through strategic partnerships and acquisitions. These collaborations allow them to expand their product portfolios and reach a broader patient base.

Education and Awareness Programs:

Surgeon Training:Manufacturers are developing advanced devices that can be used to train and educate healthcare providers and surgeons on the latest surgical techniques, ensuring proper usage of these devices.
Patient Education Campaigns:Key players are actively raising awareness through patient education campaigns. These initiatives educate patients about treatment options, the benefits of knee reconstruction procedures, and various knee conditions.

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Key Takeaways:

The global market is estimated to capture a valuation of US$ 13.0 billion with a CAGR of 4.3% by 2033.
In the historical period, the global market captured a CAGR of 2.8% between 2018 and 2022.
The United States is estimated to dominate the global market by capturing a share of 29.5% by 2033.
Germany is estimated to register a share of 8.1% in the global market during the forecast period.
Japan is predicted to secure a share of 5.0% in the global market during the forecast period.
With a CAGR of 4.4%, Australia is anticipated to drive the global market by 2033.

Competitive Landscape for the Knee Reconstruction Devices Market

There is a moderate market concentration in the knee reconstruction devices industry worldwide, with a few companies expected to account for most sales. Market leaders are putting more resources into Research and Development to create innovative products and gain approval from regulators more quickly to increase their knee reconstruction devices’ market share.

Recent Developments

As part of their work on a digital surgery platform that uses linked technologies, Johnson & Johnson Medical Devices Company (J&JMD) announced in January 2021 that the FDA had granted permission for their VELYS Robotic-assisted solution for use with their Attune Total Knee System.

Active Technologies received FDA clearance in March 2021 for its Citrespline and Citrelock ligament reconstruction devices, intended to prevent soft tissue damage during insertion. These devices can be used for reconstructive procedures on various joints, including the knee.

Furthermore, Conformis Inc. stated that its patient-specific iTotal PS total knee replacement system had been approved by the Therapeutic Goods Administration in Australia. This technology is intended to provide patients with reconstructive processes unique to their bodies.

Key Companies Profiled:

Zimmer, Inc.
Stryker Corporation
DePuy Synthes
Smith & Nephew
Corin
United Orthopedic Corporation
Arthrex Inc.
Exactech Inc.
DJO Global
Japan Medical Dynamic Marketing
Tornier Inc.

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Knee Reconstruction Devices Market by Segmentation:

By Product:

Cemented Implants
Cementless Implants
Partial Implants
Revision Implants

By End User:

Hospitals
Orthopedic Clinics
ASCs

By Indication:

Osteoarthritis
Rheumatoid Arthritis
Trauma
Others

By Region:

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

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Global Bronchopulmonary Dysplasia Treatment Industry is expected to reach US$700.2 Million by 2033, driven by a strong 6.1% CAGR | FMI

The Global Bronchopulmonary Dysplasia Treatment Industry is expected to reach US$700.2 million by 2033, up from US$385.6 million in 2023. This tremendous jump is driven by a consistent compound annual growth rate (CAGR) of 6.1% during the predicted period, demonstrating the industry’s durability and potential for further growth.

The increased prevalence of bronchopulmonary dysplasia, a chronic respiratory illness intricately connected to the global rise in preterm births, is driving this significant market expansion. From 2018 to 2022, the sector had a solid historical CAGR of 5.0%, paving the way for the present increase.

Bronchopulmonary dysplasia, characterized by chronic respiratory challenges, predominantly affects premature infants who have undergone supplemental oxygen or mechanical ventilation, commonly associated with respiratory distress syndrome. Additionally, the condition may also manifest in infants with abnormal lung development or those exposed to antenatal infections before birth.

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Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic era to focus on the growth and development of the Bronchopulmonary Dysplasia Treatment Market. The study features insights into the current growth dynamics and the major revenue reforms prevailing in the market along with the key takeaways from the forecast.

The team of analysts at Future Market Insights is focussing on research and market study to produce different Bronchopulmonary Dysplasia Treatment Market forecasts and predictions at both national and international levels. They have considered several leads of information about the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Bronchopulmonary Dysplasia Treatment Market.

Global Bronchopulmonary Dysplasia Treatment Industry Key Players

The writer will create content on the general strategies of market players. Then will write the key players in the market are Airway Therapeutics LLC, Chiesi Farmaceutici SpA, Insmed Incorporated, MediPost Co., Ltd., Meridigen Biotech Co., Ltd, Syntrix Biosystems, Inc., Therabron Therapeutics, Inc.

Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion of the market. Numerous segmentations have been provided for this market based on:

Based on drug type, the global bronchopulmonary dysplasia treatment market is segmented into the following:

Bronchodilators
Diuretics
Antibiotics
Steroids
Immunomodulators
Surfactant Homeostasis

Based on therapy type, the global bronchopulmonary dysplasia treatment market is segmented into the following:

Nitric Oxide Therapy
Protein replacement therapy
Stem Cell Therapy
Supplemental Oxygen

Based on end-user, the global bronchopulmonary dysplasia treatment market is segmented into the following:

Hospitals
Nursing Homes
Critical Care Centers

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Product Segmentation

The investigation offers a top-to-bottom evaluation of different clients’ journeys pertinent to the market and its segments. The study endeavors to assess the current and future development possibilities, undiscovered roads, and factors that shape their income potential in the global market by breaking it into di such as its types, applications, and region-wise assessment.

Full in-depth analysis of the parent market

The analysts at FMI are dedicated to providing insights after extensive research and study. The study also includes estimations, projections, and evaluation of the market dynamics.

Important changes in market dynamics

The report has been created after detailed and exhaustive studies by the analysts at FMI taking several factors into consideration like monetary, ecological, social, mechanical, and political status of a particular demography. They study the key data to assess the revenue and production of manufacturers across various regions. The report also covers an in-depth analysis of the key changes in market dynamics in the recent past and the near future.

Segmentation Details of the Global Bronchopulmonary Dysplasia Treatment Industry

Former, ongoing, and projected market analysis in terms of volume and value
Assessment of niche industry developments
Market share analysis
Key strategies of major players
Emerging segments and regional markets

Queries Solved

What is the size of the overall Bronchopulmonary Dysplasia Treatment Market in the Healthcare Industry and its segments?
What are the key segments and sub-segments in the market?
What are the key drivers, restraints, opportunities, and challenges of the Bronchopulmonary Dysplasia Treatment Market in the Healthcare Industry, and how they are expected to impact the market?
What are the attractive investment opportunities within the Bronchopulmonary Dysplasia Treatment Market in the Healthcare Industry?
What is the Bronchopulmonary Dysplasia Treatment Market in the Healthcare Industry size at the regional and country level?
What are the key market players focusing on?
What are the strategies for growth adopted by the key players in the Bronchopulmonary Dysplasia Treatment Market in the Healthcare Industry?
What are the recent trends in the Bronchopulmonary Dysplasia Treatment Market in the Healthcare Industry? (M&A, partnerships, new product developments, expansions)?
What are the challenges to the Bronchopulmonary Dysplasia Treatment Market in the growth of the Healthcare Industry?
What are the key market trends impacting the growth of the Bronchopulmonary Dysplasia Treatment Market in the Healthcare Industry?

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We provide authentic and detailed analysis of various market trends to enable businesses to make informed and beneficial decisions to attain a competitive edge over key players.
Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
The report includes an accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. This ensures that the data collected is from highly reliable sources.

Author

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

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

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

About Future Market Insights (FMI)

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Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Global Medical Cleaning Devices Industry is expected to be valued US$ 62.99 Billion by 2033, driven by a CAGR of 10.5% | According to FMI

According to Future Market Insights Inc., the Global Medical Cleaning Devices Industry is expected to develop at a CAGR of 10.5% from 2023 to 2033, indicating a potential breakthrough.

The market is expected to reach an amazing US$ 62.99 billion by 2033, representing a phenomenal development. This predicted growth highlights the industry’s resiliency and potential for innovation, which is being driven by an increased emphasis on healthcare cleanliness and safety.

The surge in demand for medical cleaning devices is fueled by various factors. The escalating number of surgical procedures and the increasing prevalence of chronic illnesses on a global scale have generated a critical need for highly effective medical equipment cleaning solutions. Prominent among these solutions are ultrasonic cleaners, automated washers, and manual hand washing, which cater to the diverse needs of the thriving medical industry.

This growth trajectory in the Medical Cleaning Devices Industry reflects the industry’s commitment to meeting the stringent cleanliness standards required in healthcare settings. As the global healthcare landscape evolves, the market continues to innovate and expand, ensuring that medical equipment remains in impeccable condition and contributes to improved patient care.

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Finding heat sterilization alternatives has become necessary as surgical equipment made of materials other than stainless steel have been introduced. The need for modern sterilization equipment is rising due to trends of creating a central sterile services department or the Sterile Processing Department to reduce the amount of time and money needed in the procedure.

Furthermore, profitable growth is anticipated for the market as in addition to sterilizing medical equipment, microorganisms are also eliminated. In medical settings, steam and EtO sterilization are the most often used sterilization techniques.

Akin to how single-use devices have become more popular, critical devices category no longer require as much cleaning, disinfection, and sterilization, which is expected to impede demand for medical cleaning devices in the global market to some degrees.

Healthcare Sanitizing Equipment refers to equipment used for cleaning and disinfecting medical instruments and surfaces in healthcare facilities to prevent the spread of infections.

Key Takeaways from Global Medical Cleaning Devices Industry Study

The overall growth of the global medical cleaning devices market is estimated to be around US$ 37 Billion over the forecast decade covering the years 2022 to 2032, by following the average CAGR of 10.5%.
The disinfection category is the most lucrative among all the technique segments provided by the global market players that acquires more than 50% of the business.
Among the different types of medical devices, semi-critical devices require the most cleaning, making it the largest segment with a share of more than 46%.
North America is the dominating market with an overall share of nearly 34% as recorded by the global medical cleaning devices market survey report for the year 2021.
Contrastingly, Asia Pacific holds the highest growth potential owing to its rapidly expanding healthcare infrastructure and improving standard of living.

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Competitive Landscape from the Global Medical Cleaning Devices Industry

Some of the well-known global medical cleaning devices industry players are Steris plc, GetingeAB, Advanced Sterilization Products, The Ruhof Corp., Sklar Surgical Instruments, Sterigenics International LLC, Biotrol, Metrex Research, LLC, Oro Clean Chemie AG, Cantel Medical Corp., Ecolab, and 3M among others.

Manufacturers will profit from terminal sterilization while boosting the efficacy and adoption of medical cleaning devices services, which is projected to accelerate shortly. This technique is anticipated to increase patient safety and reduce hospital expenses.

Recent Developments in the Global Medical Cleaning Devices Industry:

Metrex developed surface disinfectant wipes 2.0 CaviWipes in April 2021. These wipes are fully approved for the Emerging Viral Pathogen Claim EPA’s and are effective against 42 diseases, including SARS-CoV-2.
The largest group for infection prevention and control (IPC) specialists is the Association for Experts in Infection Control and Epidemiology (APIC) which also formed a strategic partnership with Metrex Research, LLC in August 2021. The APIC Strategic Partnership program fosters enduring relationships with business partners that share the objective of reducing infection risk.

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Global Medical Cleaning Devices Industry by Segmentation

By Device:

Non-critical
Semi-critical
Critical

By Technique:

Cleaning
- Detergents
- Buffers
- Chelators
- Enzymes
- Others
Disinfection
- Chemical
  - Alcohol
  - Chlorine & Chorine Compounds
  - Aldehydes
  - Phenolics
- Metal
- Ultraviolet
- Others
Sterilization
- Heat Sterilization
- Ethylene Dioxide (ETO) Sterilization
- Radiation Sterilization

By EPA Classification:

High Level
Intermediate Level
Low Level

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 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 Dissolving Microneedles Industry Is Expected to Experience a Surge of US$118.5 Million by 2034, Driven by an Amazing 9.6% CAGR | Analysis by FMI

Based on forecasts, the Global Dissolving Microneedles Industry is expected to undergo a significant transition, rising from US$47.2 million in 2024 to an astounding US$118.5 million by 2034. A strong Compound Annual increase Rate (CAGR) of 9.6% is predicted to fuel this significant increase.

Key participants in the sector are navigating a terrain full of technology developments and innovation as it changes. Dissolving microneedles is a cutting-edge medication delivery and dermatological technology that will significantly influence the future of the medical and cosmetic industries.

Recent trends underscore the dominance of wrinkle treatments, maintaining their position as the most profitable application area for dissolving microneedles. In 2021, wrinkle treatments commanded a substantial share of 84.5%, highlighting the industry’s focus on addressing critical skincare needs.

Clinical trials for dissolving microneedles concentrate on their therapeutic application for cosmetics, anti-infectives (mostly vaccines), cancer, and skin diseases. Thus, a strong product pipeline of dissolving microneedles for numerous applications is anticipated to drive market growth for dissolving microneedles.

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Furthermore, the emergence of dissolving microneedles as a better alternative to hypodermic needles for vaccination as well as for cosmetic applications is boosting the demand for dissolving microneedles. Instead of using a hypodermic needle, administering vaccines with a small patch coated in several soluble microscopic needles may result in safer, more effective vaccinations that anybody may administer.

Needles used for hypodermic injections are regarded as biomedical waste and have to be disposed of in designated containers. The needles in the patch disappear into the body as soon as it is placed into the skin, leaving only the backing, which dissolves in water.

The reusing of needles, which occurs in areas with inadequate medical facilities, would be halted by the dissolving microneedle patches. The cost of the dissolving microneedle patches would be the same as that of traditional needles and syringes.

Additionally, dissolving microneedles can offer strong market potential with on-the-go and easy-to-use/administer dosage forms in a minimally invasive manner. Also, there are a significant number of needle-phobic patients, which makes the administration of vaccines difficult. Hence, there is significant demand for minimally invasive drug delivery systems like transdermal delivery of drugs.

Key Takeaways from the Global Dissolving Microneedles Industry Study

Exponential Growth: The dissolving microneedles industry is poised for exponential growth, with a projected market value of US$118.5 million by 2034, reflecting a substantial increase from the 2024 figure of US$47.2 million.
Robust CAGR: The industry’s anticipated Compound Annual Growth Rate (CAGR) of 9.6% underscores its resilience and potential to outpace expectations, fostering confidence among stakeholders.
Technological Advancements: The evolving landscape is marked by cutting-edge innovations, positioning dissolving microneedles as a frontrunner in technological advancements for both skincare and drug delivery.
Healthcare and Cosmetics Integration: The convergence of dissolving microneedles in healthcare and cosmetics highlights their versatility, offering novel solutions for diverse applications and industries.
Investment Opportunities: With such promising growth prospects, the dissolving microneedles sector presents attractive investment opportunities for stakeholders seeking to capitalize on the industry’s trajectory.

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“Rising number of needle-phobic population, increasing demand for dissolving microneedles for diagnosis and monitoring, and strong product pipeline for diverse applications are set to propel the demand of dissolving microneedles across the globe,” says Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.)

Global Dissolving Microneedles Industry Competition

Major market players are constantly focusing on adopting strategies such as acquisitions, partnerships, capacity expansion, and strengthening their product portfolios and distribution networks to expand their global footprint as well as to improve their market share.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the Global Dissolving Microneedles Industry in its latest study, presenting a historical demand assessment of 2017 – 2021 and projections for 2022 – 2032. The Global Dissolving Microneedles Industry is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

The Global Dissolving Microneedles Industry is segmented into three parts based on the application (wrinkle treatment and acne treatment), and distribution channels (retail stores, supermarkets & hypermarkets, online stores, and aesthetic/cosmetic clinics), across seven key regions of the world.

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Global Dissolving Microneedles Industry Key Players:

CosMED Pharmaceutical Co.Ltd.
Micron Biomedical, Inc.
Raphas Co., Ltd
Nissha Co., Ltd
Micropoint Technologies
Small Lab
Vice Reversa
NINGBO CHIMED TECHNOLOGY CO., LTD
Vaxess Technologies, Inc.
QuadMedicine

Key Segments Covered In Global Dissolving Microneedles Industry Research

By Application:

Wrinkle Treatment
Acne Treatment

By Distribution Channel:

Retail Stores
Supermarkets & Hypermarkets
Online Stores
Aesthetic/cosmetic clinics

Author

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
LinkedIn| Twitter| Blogs | YouTube

Global Humanized Mouse Model Industry is expected to reach a prosperous US$ 178.3 Million market by 2033, growing at a rate of 5.8% CAGR | FMI

Experts predict that the Global Humanised Mouse Model Industry will reach a stunning US$ 101.5 million by 2023, marking a transformational age. This ambitious milestone paves the way for an exceptional development trajectory, with the sector expected to expand at a Compound Annual Development Rate (CAGR) of 5.8% from 2023 to 2033.

The predicted rise is more than just a numerical achievement; it demonstrates the industry’s dedication to innovation and its critical role in furthering scientific research. The Global Humanised Mouse Model Industry has emerged as a key player in the quest of scientific discoveries, providing researchers with essential tools for studying human illnesses and testing new treatments.

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The use of genetically modified mice in experimental medical research has resulted in significant advances in disease understanding and human health. The manipulation of the mouse genome has become more refined with the development of gene targeting and transgenic methods, as well as recent advances in gene-editing technologies. Humans and mice share a great deal of genetic similarity; however, it is also recognized that even minor sequence differences between the two species can have significant functional consequences for the respective individual gene functions.

Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are Horizon Discovery Group PLC, HuMurine Technologies, Champions Oncology Inc., Genoway S.A., Crown Bioscience Inc., Taconic Biosciences Inc., The Jackson Laboratory, and Vitalstar Biotechnology Co. Ltd.

Segmentation

By model type, the Global Humanized Mouse Model Industry can be segmented into,

Genetic Humanized Mouse Model
Cell-based Humanized Mouse Model
CD34
PBMC
BLT

By application, the Global Humanized Mouse Model Industry can be segmented into,

Oncology
Immunology and Infectious Diseases
Neuroscience
Toxicology
Hematopoiesis
Others

By end user, the Global Humanized Mouse Model Industry can be segmented into,

Pharmaceutical & Biotechnology Companies
Contract Research Organizations
Academic & Research Institutions

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Product Segmentation

The investigation offers a top to bottom evaluation of different clients’ journeys pertinent to the market and its segments. The study endeavours to assess the current and future development possibilities, undiscovered roads, factors that shapes their income potential in the global market by breaking it into di such as its types, applications, and region-wise assessment.

Full in-depth analysis of the parent market

The FMI analysts are dedicated to providing insights after extensive research and study. The study also includes estimations, projections and evaluation of the market dynamics.

Important changes in market dynamics

Segmentation details of the market

Former, on-going, and projected market analysis in terms of volume and value
Assessment of niche industry developments
Market share analysis
Key strategies of major players
Emerging segments and regional markets

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Queries Solved

What is the size of the overall Global Humanized Mouse Model Industry in the Healthcare Industry and its segments?
What are the key segments and sub-segments in the market?
What are the key drivers, restraints, opportunities, and challenges of the Humanized Mouse Model Market in the Healthcare Industry, and how they are expected to impact the market?
What are the attractive investment opportunities within the Global Humanized Mouse Model Industry in the Healthcare Industry?
What is the Humanized Mouse Model Market in the Healthcare Industry size at the regional and country-level?
What are the key market players focusing on?
What are the strategies for growth adopted by the key players in Global Humanized Mouse Model Industry in the Healthcare Industry?
What are the recent trends in Global Humanized Mouse Model Industry in the Healthcare Industry? (M&A, partnerships, new product developments, expansions)?
What are the challenges to the Humanized Mouse Model Market in the growth of the Healthcare Industry?
What are the key market trends impacting the growth of the Global Humanized Mouse Model Industry in the Healthcare Industry?

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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.

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Global Digital Tattoo Market Poised for Growth; Anticipated to Reach $4213.4 Million by 2023 | CAGR 8%

The market for digital tattoos has enormous potential, with growth predicted to occur at an 8% CAGR between 2023 and 2033. The noteworthy rise in the compound annual growth rate (CAGR) from 6% in 2018 to 8% in 2022 indicates a rise in the demand for and use of digital tattoos in a variety of contexts. This quick growth is indicative of the increasing trend of integrating wearable technology and customised digital experiences into day-to-day activities.

One rapidly expanding segment of the wearable technology business is digital tattoos. Similar to temporary tattoos, digital tattoos, sometimes referred to as electronic or smart tattoos, are innovative and flexible technologies that may be applied directly to the skin. These gadgets are meant to transmit and receive data, track vital signs, and provide a dependable user experience.The growing desire for personalized and non-invasive health monitoring solutions and the growing popularity of wearable devices are driving the market.

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The Digital Tattoos business is not without its obstacles. Concerns about privacy and security in collecting and transferring personal data are impediments to mainstream adoption. Furthermore, the technology is still in its early phases, which might lead to accuracy and dependability difficulties. Furthermore, the high cost of R&D, as well as the requirement for regulatory clearances, offer obstacles for firms operating in this sector.

Despite these obstacles, the Digital Tattoos business offers enormous development potential. Advances in material science and sensor technologies, as well as increased R&D funding, are projected to stimulate innovation and improve the performance of digital tattoos. Demand for digital tattoos is expected to rise as people grow more health-conscious and seek easy and personalized healthcare solutions. To thrive in this volatile industry, businesses must anticipate obstacles and work on providing dependable, safe, and user-friendly digital tattoo solutions.

Key Takeaways

In the United States, the market is growing at a CAGR of 19.4% in 2022.
The United Kingdom is expected to grow at an 8.2% CAGR through 2033, reflecting a continued desire for wearable technologies and personalized digital experiences.
The Indian market is predicted to increase at a CAGR of 9% by 2033, owing to rising consumer adoption.
The market in China is expected to grow at a CAGR of 10.4% by 2033, owing to fast technical improvements and increased consumer demand.
Japan’s market recorded a compound annual growth rate of8% in 2022.

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Competitive landscape

The Digital Tattoos Market competitive landscape includes numerous significant competitors contending for market share and innovation. Companies like Chaotic Moon Studios and VivaLnk are pioneering the development of cutting-edge digital tattoo solutions. Chaotic Moon Studios caters to a wide range of demands by providing adaptable digital tattoos for the healthcare, entertainment, and consumer electronics sectors.

VivaLnk, on the other hand, specializes in biocompatible and flexible digital tattoos, as well as medical monitoring and diagnostics, personalized experiences, and authentication in the consumer electronics industry. The dynamic nature of the market generates continual innovations and creates healthy rivalry among these industry leaders.

Recent Developments:

Chaotic Moon Studios is well-known for developing cutting-edge digital tattoo solutions that can be tailored to sectors like healthcare, entertainment, and consumer electronics.
VivaLnk specializes in biocompatible and flexible digital tattoos for medical monitoring and diagnostics, as well as consumer electronics for personalized experiences and authentication.

Key Segments Profiled in the Digital Tattoos Market Survey

By Type:

Nano Tattoo
Graphene Tattoo
Living Tattoo

By Application:

Experiment & Research
Teaching
Commercial
Medical
Electronic

By Region:

North America
Latin America
Asia Pacific
MEA
Europe

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Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

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Global Cardiac Surgery Device Market Expected to Reach US$2.4 Billion by 2032, at a compound annual growth rate CAGR of 3.6% Driven by Rising Heart Disease Prevalence

The global cardiac surgery devices market is projected to grow at a compound annual growth rate (CAGR) of 3.6% and reach US$ 1.7 billion by the end of 2022. 2022–2032. Because heart illness is becoming more common, the market is expected to bring in US$ 2.4 billion in sales by 2032. Perfusion disposables were the most popular product category in 2021, with a demand share of about 59.1%.

In the cardiac surgical equipment industry, the perfusion disposables segment offers a significantly bigger market opportunity than catheters, beating heart surgery systems, or heart lung machines combined. According to predictions, the perfusion disposables market will be valued over US$ 800 million in 2017 alone, with oxygenators accounting for the majority of this value. With an attractiveness index of 2.0, the segment is expected to surpass US$ 1.1 billion by the end of the forecast period, making it a particularly lucrative market for cardiac surgery devices.

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The market for cardiac surgical devices is anticipated to profit from a higher uptake of perfusion disposables due to the increased acceptance of heart-lung machine tables. Cardiovascular illnesses are the leading cause of death in the United States, accounting for 17% of all national healthcare costs and about a third of all deaths worldwide. According to American Heart Association predictions, 40% of Americans will experience cardiovascular disease by 2030, with a direct cost of around US$ 820 billion.

Well-developed Medical Infrastructure Makes North America Keep its Crown

North America has a world-class medical infrastructure coupled with a population that is rapidly ageing and suffering from cardiopulmonary disorders.

This combination all but ensures that the region is larger than both Western Europe and APEJ combined in the year 2017 with a value of just under US$ 555 Million.

North America is on track to witness a CAGR of 4.1% for the period 2017 to 2027 that should see the market in the region touch US$ 830 Million by end 2027.

Most new developments are centred in North America and its high acceptance of modern technology make it an extremely lucrative region in the global cardiac surgery devices market.

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Minimally Invasive Surgery Gaining Traction in Cardiac Surgery Devices Market

Coronary artery bypass grafting is anticipated to be the largest contributor in the cardiac surgery devices market by procedure in 2017 and it is unlikely to cede this position anytime soon.

However, modern advancements in cardiopulmonary bypass techniques, surgical approaches and incisions have made minimally invasive surgery increasingly popular in recent times.

Minimally invasive surgery has the advantage of reduced surgical trauma and decreased pain and this is anticipated to propel the cardiac surgery devices market in the long term.

In terms of CAGR these two segments hold the top position in the global cardiac surgery devices market, with coronary artery bypass grafting recording a value CAGR of 3.5% and minimally invasive surgery registering a 4.1% CAGR in terms of revenue during the forecast period.

Focus on Hospitals over Ambulatory Surgical Centres in the Cardiac Surgery Devices Market

The hospitals segment is larger than the ambulatory surgical centres segment by end user in the cardiac surgery devices market and this trend is predicted to continue for the foreseeable future.

An attractiveness index of 1.1 and a market opportunity of almost US$ 1.2 Bn by 2027 end should make all major companies actively target the hospitals end user segment in the cardiac surgery devices market.

Company Dashboard:

The companies actively involved in the global cardiac surgery devices market that have been profiled in the report include Biotronik, Braile Biomedica, Cook Medical Inc., Estech, Abiomed, Smith Medical, MicroPort Scientific Corporation, Edwards Lifesciences Corporation, Angiodynamics, Teleflex Incorporated, C. R. Bard, Inc, B. Braun Melsungen AG, Getinge-Maquet Germany Holding GmbH, Terumo Corporation, LivaNova PLC, Lepu Medical technology Co ltd., Boston Scientific Corporation, Medtronic, and Abbott Laboratories.

Important takeaways:

The increasing preference for minimally invasive surgical procedures is one of the recent trends seen in the cardiac surgery devices market.

In the last decade, minimally invasive cardiothoracic surgery has grown by leaps and bounds mainly because of the reduced pain and surgical trauma after this procedure.

Even though coronary artery bypass grafting is much larger at present, key stakeholders are advised to focus on minimally invasive procedures as patients will almost certainly prefer this form of treatment.

In addition to this, the beating heart surgery system type could see widespread adoption in the days ahead.

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Key Segments:

By Product:

Heart Lung Machine
Breathing Heart Surgery Systems
- Stabilisers
- Positioners
Catheters
- Ablation Catheter
- Drainage Catheter
Perfusion Disposables
- Oxygenators
- Centrifugal Pumps
- Cardioplegia Delivery System

By End User:

Hospitals
Ambulatory Surgical Centres

By Procedure:

Coronary Artery Bypass Grafting
- On pump CABG
- Off pump CABG
Minimally Invasive Surgery

By Region:

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
MEA

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Cloud API & Middleware Market Set to Surpass $1.55B by 2033 – Future Market Insights Report

The cloud API and management platforms and middleware market is set to expand as businesses increasingly adopt cloud-based applications and the need for security and compliance grows, with a CAGR of 3.7% expected from 2023 to 2033, according to FMI.

A Business Guide to Cloud API and Management Platforms for Success; FMI finds Key Opportunities at a CAGR of 3.7% through 2033

The increasing demand for cloud computing as all businesses are shifting to the cloud creates many opportunities in this market. But the implementation cost is expensive, which may become a barrier for entry-level businesses.

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Market Opportunities

The cloud API and management platforms and middleware market is growing with a great CAGR value of 3.7%, which is the biggest factor that creates many opportunities in this market. The cloud is increasingly popular in small and big businesses as all are becoming aware of moving their companies to the cloud.

Cloud is used in many sectors like healthcare, retail, banks, media and entertainment, and telecom.

Key Takeaways

The global market value of cloud API, management platforms, and middleware will reach US$ 1,553.7 million by 2033.
The cloud API, management platforms, and middleware market is projected to expand at a rate that outpaces the overall cloud computing industry, with an expected CAGR of 3.7%.
North America is home to a number of large technology companies, such as Google, IBM, and Microsoft. North America’s market share for cloud API and management platforms and middleware is 28.4%.
Europe is a mature market for cloud computing, and there is a growing demand for cloud API and management platforms and middleware. This is due to the increasing adoption of microservices architecture. Europe’s market share for cloud API and management platforms and middleware is 23.1%.
API-driven applications are becoming increasingly popular in the United States with a market share of 16.5%. This is due to the region’s growing population and the increasing demand for mobile and web applications.
China is a smaller market for cloud computing, but it is growing rapidly. This is due to the growing demand for cloud API and management platforms and middleware. The market share for cloud API and management platforms and middleware in China is 4.5%.

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Competitors Winning Strategies
Competitors of cloud API and management platforms and middleware market are focusing on customer satisfaction and providing a user-friendly, easy-to-use and manage platform.

They are also partnering with other businesses to expand their businesses to get more new customers. They are trying to provide new features and improve their platforms’ performance, which helps customers use that platform more effectively and easily.

Google Apigee, IBM API Connect, Microsoft Azure API Management, Amazon Web Services API Gateway, MuleSoft Anypoint Platform, WSO2 API Manager, Kong API Gateway, TIBCO Mashery, and CA API Management are the competitors of cloud API and management platforms and middleware market.

Recent Developments

January 2023: Kong Inc., a prominent supplier of API gateways, received $125 million in Series D investment. The cash will be utilized to accelerate Kong’s expansion and extend its range of products.
February 2023: WSO2, a renowned API management and integration solutions supplier, published WSO2 API Manager 3.0. WSO2 API Manager 3.0 includes a variety of freshly introduced capabilities and features, like support for OpenAPI 3.0, better security, and further granular control over API access.
March 2023: Microsoft revealed the public release of Azure API Management 2.0, a substantial improvement to its API management platform. Azure API Management 2.0 delivers a variety of additional capabilities and features, such as assistance with OpenAPI 3.0, enhanced security, and more granular control over API access.

Key Segments Profiled In The Cloud API And Management Platforms And Middleware Market Survey

By Enterprise:

Large-scale Enterprises
Medium-scale Enterprises
Small-scale Enterprises

By Industry:

Retail
Healthcare
Telecom
BFSI
Media & Entertainment
Hospitality
Education
Others

By Region:

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

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Wholesale Roaming Market Valued at US$ 39.4 Billion in 2022 – Set to Reach US$ 63056.7 Million by 2033

The wholesale roaming market is expected to increase steadily from 2023 to 2033, with a compound annual growth rate (CAGR) of 4.2%. On the other hand, the calculated CAGR of 2.1% from 2018 to 2022 suggests a somewhat sluggish rate of development over that time. In spite of this, the market value of the sector is predicted to grow dramatically, from US$ 41,656.1 million in 2023 to US$ 63,056.7 million in 2033, offering lucrative opportunities for wholesale roaming businesses.

The wholesale roaming market is critical in the telecoms sector because it allows mobile subscribers to stay connected when traveling outside of their home network service region. Further, the expanding number of mobile users, rising international travel, and rising demand for data services are driving the industry.

The need for dependable and cost-effective roaming services has increased as many individuals travel globally, accelerating the expansion of the wholesale roaming industry. Furthermore, the proliferation of smartphones and increased data usage have increased the need for effective roaming solutions.

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The market is also constrained by various constraints and problems. The complicated regulatory structure controlling international roaming agreements and rates is a big impediment. Further, stringent restrictions in many countries might make it hard for mobile network providers to negotiate favorable roaming arrangements, reducing profit margins.

The rise of Over-the-Top (OTT) services has put conventional roaming earnings under pressure, as users now have access to other communication channels that do not require traditional roaming services.

There are also prospects for expansion and innovation in this dynamic sector. With the introduction of 5G technology, there is enormous potential to improve roaming services by providing fast data rates, low latency, and better network performance. To succeed in the ever-changing telecoms ecosystem, wholesale roaming market participants must embrace technology developments, regulatory compliance, and strategic collaborations.

Key Takeaways

In the United States, the market is expanded at a CAGR of 19.4% in 2022.
The United Kingdom is predicted to develop steadily, with a CAGR of 3.2% by 2033, driven by increased international travel and the desire for seamless mobile connectivity overseas.
The wholesale roaming market in India is expected to develop at a CAGR of 4.6% by 2033, owing to an increase in outbound travelers and collaborations between Indian mobile operators and overseas carriers.
Japan’s market has a compound annual growth rate of3% as per the forecast for 2022 in the global market.
China’s wholesale roaming market is expected to thrive at a CAGR of 5.6% by 2033, owing to an increase in foreign travelers and the government of China’s initiatives to boost global telecommunication cooperation.

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Competitive landscape

The existence of numerous prominent competitors in the telecommunications sector characterizes the competitive environment of the wholesale roaming market. Key mobile network operators, telecommunication service providers, and global roaming exchange operators are critical rivals in the wholesale roaming business. Additionally, these firms get into wholesale agreements to provide international roaming services to their subscribers when they travel overseas.

Some organizations specialize in offering wholesale roaming services to small mobile network operators, allowing them to offer roaming services to their clients without the need for several bilateral agreements with overseas partners. Factors like service quality, cost-effectiveness, and the capacity to provide seamless connectivity across international borders drive the competitive landscape.

Recent Developments:

Vodafone, a renowned telecommunications firm, has significant wholesale roaming agreements with worldwide network operators, allowing its users to smoothly access internet, voice, and message services while traveling overseas.
Telefonica has formed strong alliances with several foreign operators, offering its wholesale roaming services to enable mobile network operators and their users to stay connected when traveling internationally.

Market Segments Covered in Wholesale Roaming Market Analysis

By Service :

Data
SMS
Voice

By Roaming Type :

Pre-paid
Post-paid

By Region :

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

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