Market Research Blog – Page 3429 – New Product Development

Global Electrophysiology Industry Targets Striking 7.6% CAGR, Envisioning US$9,078.4 Billion Landscape by 2034 | FMI

The Global Electrophysiology Industry is on the brink of an extraordinary expansion, according to the latest forecast by Future Market Insights (FMI). The esteemed research firm anticipates a remarkable surge, projecting the market to soar to an impressive US$ 9,078.4 billion by 2034, up from US$ 4,350.7 billion in 2024. This trajectory is underpinned by a robust Compound Annual Growth Rate (CAGR) of 7.6% over the forecast period.

As of 2024, the electrophysiology market already commands a substantial value of US$ 4,350.7 billion. With the projected CAGR of 7.6%, it is primed to experience a substantial leap over the next decade. By 2034, the market is poised to more than double its current value, reaching an extraordinary US$ 9,078.4 billion.

One of the pivotal drivers fueling the adoption of minimally invasive electrophysiology therapies is the pressing need for enhanced sterility, safety, and cost-effectiveness in medical interventions. Medical professionals are increasingly turning to disposable catheters for intermittent cardiac procedures, heralding a transformative era in patient care and procedural efficiency.

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Global Electrophysiology Industry Key Takeaways:

The global electrophysiology market is anticipated to experience remarkable growth, soaring from US$ 4,350.7 billion in 2024 to an impressive US$ 9,078.4 billion by 2034.
The market is projected to register a robust Compound Annual Growth Rate (CAGR) of 7.6% over the forecast period, highlighting sustained and substantial expansion.
The surge in market value is attributed to continuous advancements in electrophysiology technologies, signaling a significant growth opportunity for industry stakeholders.
With an anticipated CAGR of 7.6%, the electrophysiology market is poised to more than double its value within the next decade, reflecting increasing demand and adoption.
Businesses in the electrophysiology sector are encouraged to seize this growth momentum by investing in research and development, fostering strategic collaborations, and staying abreast of evolving market trends.
The projected trajectory emphasizes the pivotal role of the electrophysiology market in shaping the future of healthcare, contributing significantly to medical diagnostics and treatment modalities.

Competitive Scenario:

The key vendors focus on effective diagnostics, coverage of key portions, and vision-related issues. The competitors also merge, acquire, and partner with other companies to increase their supply chain and distribution channel.

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Latest Innovations in the Global Electrophysiology Industry:

Siemens Healthcare GmbH has introduced its syngo electrophysiology guidance that optimizes the EP workflow and delivers 3D imaging.

General Electric Company has revised its visual electrophysiology device with reduced noise, signal-filtering capabilities, and more.

Key Players Operating in the Global Electrophysiology Industry:

MicroVision
Konan Medical USA
Diopsys Inc
Nationwide Children’s Hospital
The Royal College of Ophthalmologists
LKC Technologies Inc.
Boston Scientific Corporation
Abbott
Biosense Webster Inc.
Biotronik
General Electric Company
Siemens Healthcare GmbH
MicroPort Scientific Corporation
Koninklijke Philips N.V.
NIHON KOHDEN CORPORATION
CardioFocus
Stereotaxis Inc.
Molecular Devices LLC

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Global Electrophysiology Industry Key Segments Covered:

By Test Type:

Electroretinogram (ERG)
Multifocal Electroretinogram (mfERG)
Electro-Oculogram (EOG)
Visual-Evoked Responses (VER)

By Modality:

Fixed
Portable

By End User:

Hospitals
Clinics
Ambulatory Surgical Centers
Diagnostic Imaging Centers

Key Region:

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

Author

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

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

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

About Future Market Insights (FMI)

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

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Nandini Singh Sawlani

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 Pharmaceutical Lipid Industry Anticipates 5.0% CAGR, Surging Toward US$8.04 Billion by 2033 | FMI

The Global Pharmaceutical Lipid Industry is on a trajectory of robust expansion, fueled by advancements in drug delivery systems and a growing demand for lipid-based formulations across the pharmaceutical industry. According to a recent report by Future Market Insights, the market is forecasted to achieve an average Compound Annual Growth Rate (CAGR) of 5.0% between 2023 and 2033.

From a valuation of US$4.93 Billion in 2023, the pharmaceutical lipids market is projected to surge, reaching a market share of US$8.04 Billion by 2033. This remarkable growth is indicative of the increasing utilization of lipids in various pharmaceutical applications, including drug solubilization, targeted drug delivery, and enhanced bioavailability.

The expanding pharmaceutical industry along with the application in the cosmetics industry is flourishing the market growth. Furthermore, the cosmetic usage of emulsifiers, ointments, and creams is fueling the demand for pharmaceutical lipids.
The collaboration and mergers between pharmaceutical brands and lipid suppliers are reshaping the market. Furthermore, the local drug supplies are attributed to the market growth.
The high demand for drugs along with the rising number of diseases such as cancer, and others are penetrating the market dynamics. The lipid-based drugs with long-shelf life are also propelling the market.
There is an increase in government investment in the health sector and research and development facilities for lipid integration. Furthermore, the effective application of blended essential oil and increased demand for triglycerides are garnering market growth.
The lipids deliver vitamins A, D, E, and K along with the introduction of biological processes introducing new products.

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Key Points:

The United States market leads the pharmaceutical lipids market in terms of market share in North America. The United States region held a market share of 26.1% by 2022. The growth in this region is attributed to expanding pharmaceutical industry, advanced research and development. North American market held a market share of 27.6% in 2022, putting it as a leading region in terms of market share.
The United Kingdom’s pharmaceutical lipids market is another significant market in Europe region. The market thrives at a CAGR of 4.70% between 2023 and 2033. The growth is attributed to high drug delivery, better drug formation, and expanding clinical trials are thriving the market growth.
India pharmaceutical lipids market thrives at a CAGR of 5.0% during the forecast period. The growth is attributed to the country being the world’s pharmacy during the forecast period.
The triglycerides lead the product type segment as it held a market share of 45.3% in 2022. The growth is due to its fatty acid elements being used in cosmetics.
Based on the source type, the semi-synthetic segment leads as it held a market share of 48.1% in 2022.

Competitive Landscape:

The key vendors work on the integration of essential oils and lipids to produce effective lipid medicines. Key competitors merge, acquire, and partner with other companies to increase their supply chain and distribution channel.

Recent Global Pharmaceutical Lipid Industry Developments:

Dishman Group is introducing its chemspec Europe 2023, which is an exhibition for fine and specialty chemicals. The event is likely to take place in Basel, Switzerland.
Cayman Chemical Company has introduced its list of lipid contents with its different uses in biology and health & disease. These lipids include structural lipids, bioactive lipids, lipids in cancer, skin barrier, and lipids in covid-19

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Global Pharmaceutical Lipid Industry Key Players:

ABITEC Corporation (ABF Ingredients)
BASF SE
Croda International Plc
CordenPharma
NOF (Nippon Oil & Fats) Corporation
Cayman Chemical Company
Lipoid GmbH
Nippon Fine Chemical Co. Ltd.
Dishman Group
Gattefossé
IOI Oleo GmbH
Stepan Company
Evonik Industries AG

Global Pharmaceutical Lipid Industry Segmentation:

By Product:

Triglycerides
Phospholipids
Sphingolipids
Cholesterol
Fatty Acids
Others

By Source:

Synthetic
Semi-synthetic
Natural

By Form:

Liquid
Semi-solid
Solid

By Application:

Conventional Lipid-based Drug Delivery Systems
Self-Emulsifying Drug Delivery Systems
Self-Microemulsifying Drug Delivery Systems
Liposomes
Solid Lipid Nanoparticles
Nanostructured Lipid Carriers
Others

By Route of Administration:

Oral
- Tablet
- Solution
Parenteral
- Intravenous
- Intramuscular (Vaccines)
Topical

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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 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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Nandini Singh Sawlani

Hot Beverage Demand Fuels Growth of Vending Cups Market, with Estimated CAGR of 3.2% from 2023 to 2033

The global vending cups market is poised to witness an impressive growth trajectory, with a projected Compound Annual Growth Rate (CAGR) of 3.2% from 2023 to 2033. Valued at US$ 2.2 billion in 2023, the market is anticipated to soar to US$ 3.1 billion by 2033, reflecting the burgeoning demand for convenient and sustainable beverage packaging solutions.

Catering to Growing Hot Beverage Demand

The surge in hot beverage consumption emerges as a primary driver propelling the growth of the vending cups market. As consumers increasingly gravitate towards on-the-go refreshments, vending cups serve as indispensable vessels, providing both convenience and functionality. Unlike standard disposable cups, vending cups undergo precision manufacturing to ensure seamless operation within vending machines, offering a hassle-free experience for consumers.

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Precision Engineering Meets Sustainability

Vending cups set themselves apart with their unique attributes, boasting a strong grip, lightweight design, and recyclable materials. Engineered for optimal performance, these cups uphold stringent production tolerances, ensuring smooth dispensing in vending machines without the risk of jams. Furthermore, their environmentally beneficial characteristics align with the growing global emphasis on sustainability, driving adoption across diverse sectors.

Seizing Future Opportunities

As the popularity of vending machines continues to surge, particularly in businesses and educational institutions, the demand for vending cups is poised for exponential growth. Future opportunities abound, with an expanding market landscape fueled by the proliferation of vending machines and the increasing preference for on-the-go beverage solutions.

Business Growth Opportunities in the Vending Cups:

Customization and Branding: Offering customizable vending cup designs and branding options allows companies to cater to diverse customer preferences and create brand loyalty.
Expansion into Sustainable Materials: Responding to the growing demand for eco-friendly solutions, businesses can explore and promote vending cups made from sustainable materials, contributing to environmental responsibility.
Technological Integration: Implementing smart technologies, such as RFID for cashless payments or IoT sensors for inventory management, enhances customer experience and operational efficiency in the vending cup market.
Diversification of Product Range: Introducing a variety of cup sizes, styles, and materials to meet the specific needs of different industries and consumer segments can expand market reach and increase sales.
Global Market Penetration: Exploring international markets and adapting products to local preferences can open up new revenue streams and position companies as key players on a global scale.

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Embracing Market Trends

In a landscape shaped by evolving consumer preferences, the demand for printed vending cups witnessed a notable uptick. Customers’ desire for attractive drinking vessels drives innovation in cup design, paving the way for customized solutions tailored to meet diverse aesthetic preferences. Additionally, growing awareness of sanitary food products underscores the importance of quality packaging materials, further bolstering the market for vending cups.

Biodegradable and Compostable Materials: The increasing focus on environmental sustainability is driving a trend towards the use of biodegradable and compostable materials for vending cups, aligning with consumer preferences for eco-friendly options.
Smart Vending Solutions: Integration of smart technologies in vending cups, such as QR codes for promotions or augmented reality features, enhances the interactive and engaging aspects of the consumer experience.
Premium and Specialty Cups: A trend towards premium and specialty vending cups, designed for specific beverages or occasions, is emerging. This caters to consumers looking for a unique and enhanced drinking experience.
Health and Wellness Features: Vending cups with health-oriented features, such as temperature control or vitamin-infusing capabilities, are gaining popularity, reflecting a broader trend towards healthier lifestyle choices.
Contactless and Hygienic Solutions: In response to health and safety concerns, the market is witnessing a trend towards contactless vending cup dispensing systems, minimizing physical contact and addressing hygiene considerations.

Navigating Towards a Sustainable Future

The advantages of vending cups extend beyond convenience, encompassing a holistic approach to sustainability and consumer satisfaction. Rapid urbanization, changing dietary habits, and the proliferation of coffee shops and cafes contribute to the robust growth of the global vending cups industry. Moreover, heightened awareness regarding sanitary food practices underscores the pivotal role of vending cups in ensuring product integrity and consumer safety.

In conclusion, the global vending cups market stands at the precipice of transformative growth, driven by a convergence of consumer trends, technological innovations, and sustainability imperatives. As the industry continues to evolve, stakeholders are poised to capitalize on emerging opportunities and redefine the future of beverage packaging.

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Vending Cups Market Key Segment

By Capacity:

Less than 7 Oz.
7 Oz. to 9 Oz.
10 Oz. to 12 Oz.
More than 12 Oz

By Material Type:

Plastic
- Polypropylene (PP)
- Polyethylene (PE)
- Polyamide (PA)
- Bioplastics
- Polyethylene Terephthalate (PET)
- Others
Paper
Foam

By Product Type:

With Lid Vending Cups
Without Lid Vending Cups

By End Use:

Carbonated Drinks
- Soft Drinks
- Sodas
Non-carbonated Drinks
- Dairy
- Tea/Coffee
- Juice

By End-user Base:

Institutional
- Educational Institutions (Schools and Colleges)
- Public Institutions (Govt. Offices & Public Places)
- Private Institutions
Commercial Users
- Quick Service Restaurants
- Hotels
- Cafes

By Molding Technology:

Thermoformed
Injection

By Application:

Cold Cups
Hot Cups

By Region:

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

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
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Global Sack Fillers Market to Witness Stunning Growth from 2023 to 2033, Expected to Reach US$6,634.4 Million

The global sack fillers market size is anticipated to gain remarkable growth from 2023 to 2033, according to a latest report published by ResearchAndMarkets.com. The global market is predicted to exceed a valuation of US$ 4,272.1 million in 2023 and hit a valuation of US$ 6,634.4 million by 2033, exhibiting a moderate CAGR of 4.5% during the forecast period.

Sack fillers are machines used to fill sacks or bags with various types of materials, such as powders, grains, or other products. The growing consumption of packaged foods is expected to be a prominent growth driver for the market, as the demand for pre-packaged foods increases, so does the demand for sack fillers. The ever-increasing global population is leading to the expansion of the food and beverage industry, which in turn is driving the demand for sack fillers.

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The automatic sack fillers segment is anticipated to dominate the market by technology type, owing to its high precision and efficiency in packaging different kinds of products. Automatic sack fillers play a vital role in improving operational efficiency in various industries, including food, agriculture, chemicals, fertilizers, building and construction, and others.

The food sack fillers segment accounts for a significant share of the market, attributed to the increasing demand for pre-packaged foods. The improving income levels, evolving lifestyles, and expanding middle-class population are some of the key factors driving the demand for packaged foods, thereby fuelling the demand for sack fillers.

Moreover, the agriculture sack fillers segment is expected to witness considerable growth during the forecast period, as the swelling food demand due to the ever-increasing global population is prompting the agriculture industry to adopt modern production methods.

Business Growth Opportunities in the Sack Fillers:

Automation and Efficiency: Implementing automated sack filling systems can enhance efficiency, reduce labor costs, and improve overall productivity, presenting a significant growth opportunity for businesses.
Diversification of Product Offerings: Expanding the range of products compatible with sack filling machines, such as different materials or sizes, allows businesses to cater to a broader market and diversify revenue streams.
Global Market Expansion: Exploring international markets can open up new avenues for growth. As industries worldwide adopt sack filling solutions, businesses can tap into emerging markets and establish a global presence.
Customization and Flexibility: Offering customizable solutions that can adapt to various industries and applications provides a competitive edge. Businesses that can tailor their sack filling machines to meet specific customer needs are likely to see increased demand.
Sustainability and Eco-friendly Solutions: Developing and promoting environmentally friendly sack filling options, such as biodegradable materials or reduced packaging waste, aligns with growing consumer preferences for sustainable practices, creating a niche for growth.

Trends in the Sack Fillers Industry:

Smart and Connected Systems: Integration of Internet of Things (IoT) technologies and smart sensors in sack filling machines allows for real-time monitoring, predictive maintenance, and data-driven insights, enhancing operational efficiency.
Focus on Hygiene and Safety: Increasing emphasis on hygiene and safety features in sack filling equipment, especially in industries like food and pharmaceuticals, reflects a growing trend. This includes easy-to-clean designs and compliance with stringent safety standards.
Augmented Reality (AR) for Maintenance: The adoption of AR for maintenance purposes, such as remote troubleshooting and training, is gaining traction in the sack fillers market. This trend improves maintenance efficiency and reduces downtime.
Rise of Collaborative Robots (Cobots): Collaborative robots designed to work alongside human operators are becoming more prevalent in manufacturing settings, including sack filling. Cobots enhance efficiency and safety by automating repetitive tasks while working in proximity to humans.
Packaging Innovation: Innovations in packaging materials and designs, including features like resealable closures and advanced barrier properties, are influencing the sack fillers market. This trend is driven by consumer demand for convenience and product freshness.

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Key Players in the Market

Haver & Boecker Company
Webster Griffin Ltd.
All-Fill Incorporated
CONCETTI S.P.A.
Fres-co System USA Inc.
WOLF Verpackungsmachinen GmbH
Barry-Wehmiller Companies
Imanpack Packaging
STATEC BINDER GmbH
HASSIA-REDATRON GmbH
Premier Tech Chronos
MONDIAL PACK S.r.l.
Robert Bosch Packaging Technology GmbH
Inpak System Inc.

Market Innovation:

Innovation in the Sack Fillers Market is marked by advanced technological capabilities and multi-functionality, enhancing efficiency in the packaging process. The integration of smart features, automation, and precision in filling various materials, such as powders and grains, reflects a paradigm shift in the industry. Modern sack fillers streamline packaging operations, catering to the growing demand for pre-packaged foods driven by a rising global population. As industrialization intensifies, innovative sack fillers not only offer cost-effective solutions but also contribute significantly to the overall automation trends, positioning them as crucial components in the evolving landscape of packaging machinery.

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By Technology Type:
• Semi-automatic Sack fillers
• Automatic Sack fillers

By Machine Type:
• Horizontal Sack Fillers
• Vertical Sack Fillers

By Capacity:
• Below 500 Bags/hr
• 500 to 1000 Bags/hr
• 1000 to 1500 Bags/hr

By End Use:
• Food Sack Fillers
• Agriculture Sack Fillers
• Chemical Sack Fillers
• Fertilizer Sack Fillers
• Building and Construction Sack Fillers
• Others

By Region:
• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific Excluding Japan (APEJ)
• Japan
• The Middle East & Africa (MEA)

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

Global Compression Therapy Industry Anticipates 5.4% CAGR, Reaching US$4.59 Billion by 2030 | Reveals by FMI Report

The Global Compression Therapy Industry is on the brink of a significant transformation, with a projected market value of US$4.59 billion by the year 2030, as forecasted by leading market intelligence firm Future Market Insights (FMI). This forecast marks a remarkable upsurge from the industry’s valuation of US$3.01 billion in 2022, showcasing a robust Compound Annual Growth Rate (CAGR) of 5.4%.

The period spanning from 2022 to 2030 is poised to witness a profound evolution in the compression therapy market, propelled by innovative products and services that address the growing demand for advanced healthcare solutions. FMI’s exhaustive analysis underscores a sustained and steady ascent, highlighting the industry’s resilience and adaptability to changing market dynamics.

Meeting Demand from Diabetics and Beyond

One of the key drivers behind this remarkable growth is the escalating demand from individuals dealing with diabetes. The worldwide increase in the diabetic population has spurred the need for compression stockings and diabetic socks. These products play a vital role in managing the well-being of diabetics, and the market is responding with innovative solutions to meet their specific needs.

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Revolutionary Solutions and Advancements

In addition to catering to the diabetic population, the market is witnessing revolutionary advancements in the field of compression therapy. The introduction of NPWT (Negative Pressure Wound Therapy) has proven to be a game-changer in the management of acute and chronic wounds. This groundbreaking approach is redefining wound care, offering patients and healthcare providers more effective and efficient solutions.

Furthermore, pneumatic compression therapy has emerged as a safe and effective method for treating lymphedema, particularly in cases related to head and neck cancer (HNC). Research published in “Supportive Care in Cancer” highlights the effectiveness of these advancements in improving the quality of life for individuals dealing with lymphedema.

Positive Outlook for the Future

The compression therapy market’s steady growth is indicative of the ever-increasing need for innovative and effective healthcare solutions. As we move forward, expect to see further developments, increased accessibility, and improved quality of life for those who benefit from compression therapy.

Key Takeaways from Global Compression Therapy Industry Study

The static compression therapy held the largest market share in 2019 and the trend is expected to continue in the forecast period (2020-2030)
Chronic ulcers are expected to hold more than 69% of market share in terms of revenue in 2020
Among all distribution channel, institutional sales is the leading segment followed by retail sales. Retail sales segment is anticipated to grow at CAGR of 6% over the forecast period
North America and Europe are collectively expected to hold more than 67% of revenue share in 2020 while East Asia is expected to show greater growth potential in the forecast period.

“Acquisitions and launch of compression products along with increasing demand for compression therapy offering increased mobility, enhance athletic performance and safety profiles are driving the growth of global compression therapy industry,” says the FMI Analyst

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Expansion with Research: The Latest Trend

The compression therapy Industry players are on an expansion spree to stand out.

For instance –

In May 2020, British Medical Journal published a study that stated that anti-embolism stockings are all the more effective concerning DVT (deep vein thrombosis). This finding is bound to influence players to go for the production of anti-embolism stockings in the forecast period

Avanos Medical Inc., in the year 2018, announced acquiring CoolSystems, Inc. The products post acquisition were marketed as “Game Ready”

Huntleigh Healthcare Ltd.’s IPC (Intermittent Pneumatic Compression) products under the “Hydroven” brand are a noteworthy addition to vascular assessment systems

Key Participant Insights

The global market is set to broaden its scope in the forecast period, stimulated by high prevalence rate of diabetes, rising geriatric population globally and adoption of advanced compression therapy systems which can be used as bi-layer and multi-layer for conventional treatment option. In addition to this, strict guidelines limits the design space for potential conceptual ideas and availability of alternate therapies has augmented the sales of compression products.

The key players covered by FMI include:

Paul Hartmann AG,
Sigvaris AG,
Cardinal Health Inc.
3M Health Care Ltd.

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Global Compression Therapy Industry Key Segment

Product Type

Pneumatic Compression Therapy
Non-Segmented Pneumatic Compression Pumps
Pneumatic Compression Sleeves
Lower Pneumatic Compression Sleeves
Upper Pneumatic Compression Sleeves
Segmented Pneumatic Compression Pumps
Segmented Pneumatic Compression Pumps with Calibrated Gradient
Segmented Pneumatic Compression Pumps without Gradient
Static Compression Therapy
Anti-Embolism Stockings
Compression Bandages
Compression Garments
Lower Compression Garments
Upper Compression Garments

Global Compression Therapy Industry by Indication:

Chronic Ulcers
Venous Leg Ulcers
Diabetic Foot Ulcers
Pressure Ulcers
Non-healing Surgical Wounds
Traumatic Wounds
Burn Cases

Global Compression Therapy Industry by Distribution Channel:

Institutional Sales
Hospitals
Clinics
Ambulatory Surgical Centers
Nursing Facilities
Retail Sales
Hospital Pharmacies
Retail Pharmacies
Online Sales

Global Compression Therapy Industry by Region:

North America Compression Therapy Market
Latin America Compression Therapy Industry
Europe Compression Therapy Industry
East Asia Compression Therapy Industry
South Asia & Pacific Compression Therapy Market
Middle East & Africa (MEA) Compression Therapy Industry

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 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)

Contact Us:

Nandini Singh Sawlani

Global Superficial Radiation Therapy System Industry Accelerates Towards US$ 58.2 Million Market Valuation by 2030, Fueled by a 3.8% CAGR | FMI

The Global Superficial Radiation Therapy System Industry is on the brink of a transformative surge, according to the latest market analysis by Future Market Insights. Projections indicate that the industry, currently valued at US$ 43.3 Million in 2022 with a Compound Annual Growth Rate (CAGR) of 3.8%, is poised for an impressive leap to reach a remarkable US$ 58.2 Million by the close of 2030.

The resilience displayed by the industry amidst the challenges posed by the global coronavirus pandemic is noteworthy. Despite the moderate impact expected throughout the crisis, the essential role of superficial radiation therapy systems in treating basal and squamous cell cancers is projected to sustain demand. The industry’s commitment to addressing these critical healthcare needs reinforces its position as a vital player in the global healthcare landscape.

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“Growing efforts for the testing and approval of superficial radiation therapy by government bodies are key factors contributing to growth prospects. Further, growing consumer bias against invasive treatment options and research investments for oncology will help the long-term growth of the industry,” says Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.).

Global Superficial Radiation Therapy System Industry – Key Takeaways

Basal cell carcinoma applications account for a significant revenue share, owing to high incidence rates, particularly among fair-skinned populations.
Targeted therapy systems are witnessing major growth, supported by minimal risks of side effects.
North America is a prominent market for superficial radiation therapy systems, owing to higher numbers of treatment centers, and clinical trials in the region.

Global Superficial Radiation Therapy System Industry – Key Driving Factors

Major investments towards the development of non-invasive skin cancer treatments, and portable devices are key to market developments.
Rising numbers of awareness programs run by governments on skin cancer and treatment options are bolstering growth prospects.

Global Superficial Radiation Therapy System Industry – Key Constraints

The debate about the efficacy of superficial radiation therapy in healthcare circles is holding back adoption.
Prohibitive costs of operating superficial radiation therapy systems restrict market growth.

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The Anticipated Impact of Coronavirus

The superficial radiation therapy systems market has been moderately limited in applications during the coronavirus pandemic. Lockdown restrictions and social distancing guidelines have resulted in delayed appointments for superficial radiation therapy treatments. Disinfection requirements and strict screening for COVID-19 cases, restrict access to patients and hurt operation rates limiting demand for superficial radiation therapy systems in the short term. Recovery is highly dependent on the timeline to bring the pandemic under control.

Competition Landscape

Major manufacturers in the Global Superficial Radiation Therapy System Industry include but are not limited to Nordion Inc., Sensus Healthcare, Xstrahl Ltd., SkinCure, IsoRay Inc., Mevion Medical Systems, Mitsubishi Electric Corp., Varian Medical Systems, Electa AB, Ion Beam Applications, and RaySearch Laboratories.

Superficial radiation therapy system manufacturers have been investing in strategic collaborations and acquisitions for product innovation and manufacturing capability enhancements.

For instance, Sensus Healthcare has announced the acquisition of Aesthetic Laser Partners and Aesthetic Mobile Laser Services for dermatology capabilities including superficial radiation therapy systems. IntraOp Medical Corp. has entered into a partnership with the Lausanne University Hospital for clinical trials of FLASH radiotherapy which includes superficial radiation therapy functionality. Also, Stratpharma Inc. has joined hands with Sensus Healthcare for the development of topical medical products including superficial radiation therapy systems.

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Global Superficial Radiation Therapy System Industry By Category

By Product Type:

Superficial Radiation Therapy Systems
Software

By Application:

Basal Cell Carcinoma
Squamous Cell Carcinoma
Keloid scars
Psoriasis
Kaposi Sarcoma (Plaque Stage)
Bowen’s Disease
Cutaneous T-cell Lymphoma
Soft Tissue Metastases

By End User:

Hospitals
Ambulatory Surgical Centers
Cancer Research Institutes
Dermatology Centers

By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
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.

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Nandini Singh Sawlani

Global COVID-19 Diagnostics Industry to Witness Steady Growth, Expected to Cross the US$204.51 Billion Mark by 2032, Says FMI

The Global COVID-19 Diagnostics Industry is on the brink of an extraordinary growth phase, as outlined in a comprehensive report by Future Market Insights Inc. The industry is anticipated to achieve a remarkable valuation surpassing US$204.51 billion by 2032, propelled by an impressive compound annual growth rate (CAGR) of 7.7%. This growth signifies the pivotal role of diagnostic tools in effectively managing the ongoing global pandemic.

In the face of unprecedented challenges posed by COVID-19, the exponential expansion of the diagnostics industry underscores its unwavering commitment to advancing technologies. The trajectory not only showcases the resilience of the healthcare sector but also underscores the critical importance of accurate and efficient testing solutions.

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Key Segments of the Global Covid-19 Diagnostics Industry

FMI’s study on the market offers information divided into four important segments— Drug Class, Route of Administration, Application, and Region. This report offers comprehensive data and information about the important market dynamics and growth parameters associated with these categories.

Key Takeaways from FMI’s Global Covid-19 Diagnostics Industry Study

Molecular assay holds the largest share right now and the trend is expected to continue until 2020. This could be attributed to the fact that molecular assays have been looked upon as a gold standard for detecting novel viral infections
Diagnostic labs contributed to more than 60% of total market share in 2020’s first quarter

Key Challenges for Global Covid-19 Diagnostics Industry Players & Researchers

Right now, the challenges faced include a lack of information regarding the virus, like genetic information, biologics, and duration of immunity in the recovered patients.

Certain treatment options that are expected to be potential game changers include ACE-Mab by Sorrento Therapeutics, HCQ (Hydroxychloroquine and chloroquine), Remdesivir antiviral by Gilead Sciences, and Canakinumab (Ilaris) by Novartis.

Moreover, options like cell-based therapies that involve natural killer cells or Mesenchymal stem cells and plasma therapies are on the verge of providing personalized treatment options.

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Key Participant Insights

The key participants are focusing on the acceleration of production as well as the new product approval phase. For example – Novacyt Group, in Mar 2020, received EUA for a 2-hour Covid-19 test. Also, in Apr 2020, CE approval was received by Abbott for an IgG serology blood test for COVID-19.

The other players in the market include Veredus Laboratories, Thermo Fisher Scientific, Inc., Quidel Corporation, Perkin Elmer, Inc., Neuberg Diagnostics, Mylab Discovery Solutions Pvt Ltd., Luminex Corporation, Laboratory Corporation of America Holdings, Hologic Inc., Danaher, Cepheid, bioMérieux SA, Altona Diagnostics GmbH, ALDATU BIOSCIENCES, ADT Biotech Sdn Bhd, and 1drop Inc.

Global Covid-19 Diagnostics Industry Key Segment

Product Type

Instruments
Test Kits
Reagents and Consumables

Sample Type

Oropharyngeal and nasopharyngeal Swabs
Blood
Urine
Others

Technology

PCR
ELISA
POC

Region

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

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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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Nandini Singh Sawlani

Global Beverage Cartoners Market Poised for Steady Growth, Driven by Innovative Packaging Solutions and Personalized Printing Technologies

The global beverage cartoners market is set to experience steady growth over the next decade, driven by a combination of factors including rising demand for extended shelf life, personalized packaging, and the expanding ready-to-drink (RTD) beverage industry. According to a recent study, the market is expected to reach a valuation of US$ 742.3 million in 2023 and grow at a compound annual growth rate (CAGR) of 4.9% between 2023 and 2033, reaching a total value of approximately US$ 1.1 billion by 2033.

Personalized Packaging: A Key Trend

One of the most significant trends driving the growth of the beverage cartoners market is the increasing demand for personalized packaging. With consumers seeking unique and personalized experiences, packaging plays a critical role in capturing their attention and creating a connection with the brand. Beverage cartoners offer advanced printing and labeling technologies that enable manufacturers to incorporate personalized elements into their packaging, such as brand logos, promotional messages, product information, and even individualized designs for special editions or limited editions.

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Advanced Printing Technologies

Beverage cartoners offer high-quality printing and labeling capabilities that allow for vibrant and detailed graphics on carton packaging. Digital printing technology, in particular, has opened up new possibilities for customization, enabling manufacturers to create eye-catching designs and personalized artwork on beverage cartons. This capability has made it possible for brands to differentiate themselves from competitors and establish a strong presence in the market.

Expanding Ready-to-Drink Beverage Industry

The expansion of the RTD beverage market is another key trend that is anticipated to propel the growth of the beverage cartoners market. RTD beverages, including energy drinks, juices, flavored water, and other on-the-go beverages, have gained immense popularity among consumers worldwide due to their convenience, variety of flavors, and healthier options. As a result, there is an increasing demand for innovative and attractive packaging solutions that can effectively showcase these products and help them stand out on store shelves.

Other Growth Factors

In addition to personalized packaging and the expanding RTD beverage industry, other factors contributing to the growth of the beverage cartoners market include the growing popularity of innovative packaging formats and the increasing adoption of online retail channels. Moreover, the growing focus on product safety and hygiene is also expected to augment the market growth, as beverage cartoners ensure that products are well-protected and secure during transportation and storage.

Business Growth Opportunities in Beverage Cartoners:

Sustainability Focus: Embrace environmentally friendly packaging solutions to meet the growing demand for sustainable and eco-friendly packaging. Develop and market beverage cartoners that use recycled materials and have a reduced environmental impact.
Customization and Personalization: Offer customizable beverage carton solutions to cater to diverse consumer preferences. Provide options for personalized packaging, such as different sizes, shapes, and graphics, allowing brands to connect more effectively with their target audience.
Automation and Efficiency: Invest in advanced automation technologies to enhance production efficiency and reduce operational costs. Implement smart manufacturing processes that optimize the use of resources and improve overall productivity in beverage carton packaging.
E-commerce Packaging Solutions: With the rise of online shopping for beverages, develop packaging solutions that are suitable for e-commerce distribution. Focus on creating cartoners that ensure product integrity during transportation and meet the specific requirements of online retail channels.
Global Expansion: Explore opportunities for market expansion by entering new geographical regions. Tailor beverage cartoners to meet the unique preferences and regulatory requirements of different markets, tapping into the global demand for innovative and sustainable packaging solutions.

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Trends in the Beverage Cartoners Industry:

Smart Packaging Integration: Incorporate smart packaging technologies, such as RFID tags or QR codes, to enable better traceability, authentication, and interaction with consumers. This trend enhances product visibility, supply chain transparency, and consumer engagement.
Reduced Packaging Waste: Focus on developing and promoting beverage cartoners with minimalistic and easily recyclable designs. This aligns with the global push towards reducing plastic waste and promotes a circular economy by encouraging recycling and reuse.
Innovative Material Usage: Experiment with new and innovative materials for beverage carton packaging, such as bio-based and biodegradable materials. Stay ahead in the market by adopting materials that enhance both sustainability and performance.
Premiumization of Packaging: Respond to consumer demand for premium and high-quality packaging experiences. Integrate premium finishes, unique printing techniques, and luxurious design elements into beverage cartoners to enhance brand perception and attract discerning consumers.
Health and Wellness Emphasis: Capitalize on the growing consumer focus on health and wellness by incorporating features that preserve the nutritional quality and freshness of beverages. Develop packaging solutions that address consumer concerns related to product safety, hygiene, and health-conscious lifestyles.

Recent Developments

In 2023, Bosch Packaging Technology introduced the Elematic 2001 WAH, a high-performance cartoning machine for the beverage sector. The Elematic 2001 WAH offers precise carton forming, gentle product handling, and high-speed operation, meeting the demands of beverage manufacturers for efficient and reliable carton packaging.
In 2022, Bradman Lake Group launched the DRT Series, a range of cartoning machines specifically designed for the beverage sector. The DRT Series offers advanced servo-driven technology, quick changeover capabilities, and high-speed operation, enabling beverage manufacturers to achieve efficient and reliable carton packaging.
In the same year, Sidel Group introduced the Cermex EvoPack, a compact and modular cartoning solution for the beverage industry. The Cermex EvoPack offers high-speed performance, improved ergonomics, and flexibility in carton formats, addressing the need for efficient and versatile beverage cartoning solutions.

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Key Segments:

Market by Product Type:

Brick Carton Machines
Gable Top Machines

Market by Output Capacity:

Below 9,000 Packages/Hr
9,000-12,000 Packages/Hr
12,000-24,000 Packages/Hr
Above 24,000 Packages/Hr

Market by End-use Application:

Fruit Juices
Dairy Products
RTD Tea & Coffee
Carbonated Soda
Water
Alcoholic Beverages

Market by Region:

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

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

Global Manual Resuscitator Industry Set to Reach US$ 845.3 Million, Driven by 5.7% CAGR | Reveals by FMI

In a groundbreaking study conducted by Future Market Insights (FMI), the Global Manual Resuscitator Industry is set for unprecedented expansion, with an anticipated valuation of US$ 845.3 million by the year 2030.

The ESOMAR-certified research, spearheaded by FMI, highlights the pivotal role of manual resuscitation in addressing breathlessness, a primary symptom of Chronic Obstructive Pulmonary Disease (COPD). According to data from the World Health Organization (WHO), the global number of COPD sufferers surpassed 250 million in 2019, with more than 15 million cases reported in the United States alone, as per statistics from the American Lung Cancer Association.

COPD’s gravity as a serious health concern emphasizes the critical need for effective respiratory support. Presently, no direct treatment exists for COPD, and patients heavily rely on symptomatic treatments to manage their condition.

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What’s with Infants and Neonates?

According to the WHO, in the year 2018, close to 2.5 Mn children died in the very first month of their life due to pre-term birth, infections, or birth asphyxia.

It further states that around 23% of infants were diagnosed with birth asphyxia in the same year. Resuscitation is a must in cases like these.

The trend mentioned above, apart from COPD, is expected to take the Global Manual Resuscitator Industry at a higher stride in the forecast period (2020-2030).

Global Manual Resuscitator Industry Key Takeaways

Self-inflating bags accounted for the highest market share in 2019 as their usability is greater in emergency situations. Also, NCBI states that neonatal care could be best adhered to through self-inflating bags.
Flow-inflating bag (better known as anesthesia bags) is expected to witness exponential growth between 2020 and 2030 as they find their applications in intensive care units, wherein even a bit of fluctuation in oxygen delivery is uncalled for.
Out-of-hospital cardiac arrests have been increasing worldwide. Around 395,000 such cases are seen in the US alone every single year. The National Academies of Sciences, Engineering, and Medicine (US) has been conducting public workshops for improving strategies to survive cardiac arrests. This will also drive the demand for manual resuscitators as the primary course of treatment.
The outbreak of Covid-19 has escalated the demand for manual resuscitators as breathlessness is one of the symptoms herein.

Key Participant Insights

The global market is set to enhance its scope in the forecast period, due to the rising number of cardiac arrests. In addition to this, cost-effectiveness is augmenting the sales of manual resuscitators.

The key market players covered by FMI include HUM Systems for Life, GE Healthcare, Covidien Plc, Hopkins Medical Product, Drager Medical AG and Co., Laerdal Medical, and Me. Ber. Srl, Hill, Ambu A/S, Philips Healthcare, CareFusion, Weinmann, and Medline Industries.

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Future Market Insights brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030. The Global Manual Resuscitator Industry is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on Global Manual Resuscitator Industry based on type (flow-inflating resuscitator, self-inflating resuscitator, T-piece), modality (silicone, PVC, rubber), technology (pop-off valve, PEEP valve, others), type of patient (pediatric, adult, others (infants, neonates), application (COPD, cardiopulmonary arrest, others (asthma, anesthesia), end-use (hospital, out-of-hospital (home care, community care, primary care), ASC, military, others (specialized diagnostic centers, specialized clinics) across seven major regions.

Global Manual Resuscitator Industry Analysis

Global Manual Resuscitator Industry by Product Type:

Flow-inflating Manual Resuscitators
Self-inflating Manual Resuscitators
T-piece

Global Manual Resuscitator Industry by Material:

Silicone Manual Resuscitators
PVC Manual Resuscitators
Rubber Manual Resuscitators

Global Manual Resuscitator Industry by Usage:

Disposable Manual Resuscitators
Reusable Manual Resuscitators

Global Manual Resuscitator Industry by Technology:

Pop-off Valves
PEEP Valves
Others

Global Manual Resuscitator Industry by Type of Patient:

Pediatrics
Adults
Others (Neonates and Infants)

Global Manual Resuscitator Industry by End Use:

Hospitals
Out-of-Hospitals (Home Care, Community Care, Primary Care)
ASC
Military
Others (Specialized Diagnostic Centers, Specialized Clinics)

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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.

About Future Market Insights (FMI)

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Nandini Singh Sawlani

Global Automated Cell Culture Systems Industry Eyes US$ 20.87 Billion Market Triumph by 2030, Backed by FMI’s 8.4% CAGR Projections

The Global Automated Cell Culture Systems Industry is on the brink of a remarkable trajectory, poised for unprecedented growth with an impressive Compound Annual Growth Rate (CAGR) of 8.4%, as revealed by the latest projections from Future Market Insights Inc. This anticipated surge is expected to elevate the market from its 2022 valuation of US$ 10.91 Billion to an extraordinary US$ 20.87 Billion by the year 2030.

At the heart of this exceptional expansion is the burgeoning demand for advanced technologies in cell culture, fueled by rapid advancements in the realms of biotechnology and pharmaceuticals. The Global Automated Cell Culture Systems Industry stands as a beacon of innovation, introducing cutting-edge solutions that are revolutionizing global research and production processes.

The strategic geographical positioning of North America and Europe further solidifies their dominance in the Global Automated Cell Culture Systems Industry. The groundbreaking research initiatives and technological advancements undertaken by researchers in these regions continue to set the pace for global innovation.

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Key Takeaways from the Global Automated Cell Culture Systems Industry

Consumables are expected to reach US$ 11 Bn by 2030
Academic institutes are expected to take greater interest in research related to cell culture over the forecast period due to increased government funding in developed countries
North America and Europe collectively accounted for more than 60% of market share in 2019
Infinite cell line cultures held close to 75% of market share in 2019

New Product Launches to Remain Key Strategic Focus of Market Players

Players in the Global Automated Cell Culture Systems Industry are focusing on new product launches to expand their global footprint and strengthen their product portfolio.

For instance –

In Jun 2020, faCellitate announced the launch of “BIOFLOAT”, it’s very first product to improve 3D cell culture.
In Mar 2020, BioProcess International started implementing single-use miniature bioreactors for supporting intensified cell culture by using functional performance indicators for assessing small-scale model
Corning Incorporated, in Oct 2019, came up with Corning Elplasia Plates and Matrigel for organoid culture. It was an addition to its 3D cell culture portfolio
Ori Biotech has started developing an automated way of manufacturing cell and gene therapies
In May 2020, Sartorius announced the launch of the Incucyte SX5® for live-cell analysis, for live-cell analysis experiments

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Global Automated Cell Culture Systems Industry: Competitive Insights

The Global Automated Cell Culture Systems Industry is set to expand its scope in the forecast period, stimulated by increasing drug discovery research and diverse applications of cell lines for research purposes. Furthermore, automated cell culture systems are used for experiments in drug discovery research and in the cell banking process. In addition, cost-effectiveness and the rise in alternative methods for traditional cell culture production are augmenting the adoption of automated cell culture systems.

Key market players covered in the market include:

Thermo Fisher Scientific, Corning Incorporated, Merck KGaA, Lonza, Sartorius AG, Tecan Trading AG, Hamilton Medical AG., Biospherix, and Promocell GmbH. Key players integrate their positions through acquisitions, mergers, and new product launches.

Key Segments of Automated Cell Culture Systems Industry Survey

Global Automated Cell Culture Systems Industry by Product:

Automated Cell Culture Storage Equipment
Automated Cell Culture Vessels
Bioreactors
Consumables

Global Automated Cell Culture Systems Industry by Cell Culture:

Finite Cell Line Cultures
Infinite Cell Line Cultures

Global Automated Cell Culture Systems Industry by Application:

Drug Development
Stem Cell Research
Regenerative Medicine
Cancer Research

Global Automated Cell Culture Systems Industry by End User:

Biotech Companies
Research Organizations
Academic Institutes

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Author

Identifying key challenges clients face 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