Market Research Blog – Page 3666 – New Product Development

Global Retinal Biologics Industry Poised for an Impressive US$41.92 Billion Valuation by 2028, Driven by a Resilient 11.1% CAGR | According to FMI Insights

The Global Retinal Biologics Industry is undergoing a spectacular transformation, showcasing robust growth with an anticipated value exceeding US$22.25 billion by 2022. This upward trajectory is expected to continue, reaching a staggering US$41.92 billion by 2028, driven by an impressive Compound Annual Growth Rate (CAGR) of 11.1% between 2022 and 2028, according to recent insights from Future Market Insights Inc.

The remarkable expansion of the Global Retinal Biologics sector is fueled by advancements in technology, innovative research, and a growing demand for cutting-edge treatments. As the industry continues to evolve, it presents unprecedented opportunities for stakeholders, investors, and healthcare professionals alike.

Key Global Retinal Biologics Industry Insights:

Rising Prevalence of Diabetes-related Eye Disorders and Age-related Macular Degeneration (AMD) The prevalence of diabetes-related eye disorders and age-related macular degeneration is on the rise, underscoring the growing need for innovative solutions within the Retinal Biologics Industry.
Substantial Investment in R&D for Biologics in Retinal Disorders The industry is witnessing a significant influx of research and development resources, aimed at advancing biologics for both infectious and non-infectious retinal disorders. This investment underscores the commitment to addressing unmet medical needs.
Emergence of Specific Biologic Molecules as Therapeutic Targets Specific biologic molecules are gaining prominence as highly promising therapeutic targets, offering new hope for patients with retinal conditions.
Gene Therapy as a Solution for Monogenic Retinal Illnesses With a growing number of monogenic retinal illnesses, gene therapy is emerging as a pivotal component of the Retinal Biologics Market, presenting innovative solutions for these challenging conditions.

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Retinal Biologics Distribution in Specialty Clinics and Hospitals Prominent

Retinal Biologics manufacturers offer their goods through institutional and retail distribution channels. According to the FMI report, institutional sales in the Retinal Biologics Industry, where Retinal Biologics are supplied in speciality clinics and hospitals, will generate higher revenues. In 2018, hospital sales accounted for more than 35% of market revenue.

According to the report, retail sales of Retinal Biologics will generate comparable revenues to hospital sales and will expand at an 11.9% annual rate in 2019. Retail distribution takes place through retail pharmacies and mail order pharmacies, with retail pharmacies generating more money than their counterparts in the future years.

Penetration in North America Higher, APEJ’s Attractiveness to Increase

North America continues to be the market leader in Retinal Biologics revenue. According to FMI estimates, North America accounted for more than 46% of global Retinal Biologics Industry revenues in 2018. Revenues in North America are predicted to expand 10.4% year on year in 2019 due to an increase in the prevalence of retinal illnesses, continuous growth in the healthcare infrastructure, and a favourable reimbursement scenario.

Europe accounted for about one-fourth of the Retinal Biologics market, with Western European countries such as Germany, the United Kingdom, France, Italy, and Spain accounting for the majority of demand penetration. The APEJ Retinal Biologics Industry is predicted to grow at an 11% annual rate in 2019, with China and India remaining the most lucrative areas.

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Retinal Biologics Find Prominent Use in Macular Degeneration Treatment

The study opines that over 35% of the Retinal Biologics revenues were consolidated in the treatment of macular degeneration. Highest revenue growth of 12.3% is also expected in macular degeneration as compared to other indications where Retinal Biologics are used in 2019.

Macular degeneration (MD) remains the leading cause of vision loss wherein it affects over 10 million Americans, the prevalence is higher than the combined incidences of cataracts and glaucoma, as per the American Macular Degeneration Foundation (AMDF). As macular degeneration mainly affects people of age 50 years or more, with the ageing population, the prevalence of MD continues to rise despite improved treatment options.

Key Players Covered In The Global Retinal Biologics Industry:

Spark Therapeutics, Inc.
F. Hoffmann-La Roche Ltd.
Regeneron Pharmaceuticals, Inc.
AbbVie Inc.
Amgen Inc.
Novartis Pharma AG
MeiraGTx Limited
Oxurion NV
Santen Pharmaceutical Co., Ltd.
Bayer AG
Bausch Health Companies Inc.
Merck & Co., Inc.

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Key Segments of Global Retinal Biologics Industry Survey

Global Retinal Biologics Industry by Drug Class:

VEGF-A Antagonists
TNF-α Inhibitors

Global Retinal Biologics Industry by Indication:

Macular Degeneration
Diabetic Macular Edema
Diabetic Retinopathy
Uveitis
Others

Global Retinal Biologics Industry by Distribution Channel:

Institutional Sales
Retail Pharmacies
Mail Order Pharmacies
Retail Sales

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 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 areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 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 Endometriosis Treatment Industry Set to Surge with a 3% CAGR Through 2030 | Reveals FMI Insight

The Global Endometriosis Treatment Industry, valued at an impressive US$ 2.8 billion in 2018, is on the brink of transformative expansion, with a projected Compound Annual Growth Rate (CAGR) of approximately 3% over the period 2019-2030. This forecast, unveiled by industry experts at Future Market Insights Inc., reflects the collective momentum driven by heightened awareness among women and substantial investments by key stakeholders.

The steadfast growth of this industry is propelled by the escalating prevalence of endometriosis, a condition affecting millions of women worldwide. As the demand for advanced treatment options continues to surge, industry leaders are taking the helm, focusing on pioneering therapeutic advancements and strategic product launches.

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Key Takeaways of Global Endometriosis Treatment Industry Study

Based on drug, oral contraceptives contributed maximum value share to the global endometriosis treatment Industry in 2018, owing to high preference for them as a first-line therapy for patients without contraindications, and efficacy in preventing recurrence of pelvic pain and endometriosis lesions.
High treatment efficacy and acceptance with low risk are expected to result in a notable share of hormonal therapy in the treatment type.
The hospital pharmacies and retail pharmacies segments, collectively, hold above 60% of value share to the endometriosis treatment industry, owing to the high patient pool in hospitals and visiting retail pharmacies.
Europe captured a notable revenue share of 37% in 2018, and is expected to be the most lucrative region in the global endometriosis treatment market during the forecast period.
Increasing government expenditure for high growth of the medical industry in emerging economies in the Asian region is expected to drive the growth of the endometriosis treatment industry across this region.

Multiple New Indications – Imperative Strategy for Global Endometriosis Treatment Industry Players

Increasing the introduction of endometriosis drugs with multiple new indications is a major factor responsible for intense competition among market players. Several companies are focusing on launching new endometriosis treatment options to increase their product sales and expand their market share. For example, in July 2018, AbbVie Inc. introduced a new innovative product – Orilissa(elagolix) tablets, a gonadotropin-releasing hormone (GnRH) receptor antagonist for the management of moderate to severe pain associated with endometriosis, in the U.S. market.

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What else is in the report?

Future Market Insights (FMI) offers a unique perspective and actionable insights on the endometriosis treatment market in its latest study, presenting historical demand assessment of 2014-2018 and projections for the period of 2019-2030, based on drug (oral contraceptives, progestins, NSAIDs, GnRH analogues, LNR-IUDs, and others), treatment type (hormonal therapy and pain management), and distribution channel (hospital pharmacies, retail pharmacies, drugstores, and e-Commerce), across seven key regions of the world.

Global Endometriosis Treatment Industry Segmentation

The global endometriosis treatment industry is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

Drug:

Oral Contraceptives
Progestins
NSAIDs
GnRH Analogues
LNR-IUDs
Others

Treatment Type:

Hormonal Therapy
Pain Management

Distribution Channel:

Hospital Pharmacies
Retail Pharmacies
Drugstores
e-Commerce

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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)

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 5,000 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 Radiation-Induced Myelosuppression Treatment Industry Set to Surpass US$ 3.5 Billion by 2028 with Robust 3.1% CAGR | Forecasts FMI

The Global Radiation-Induced Myelosuppression Treatment Industry is on an upward trajectory, with projected sales totaling US$ 2.9 Billion in 2022. According to the latest insights from Future Market Insights, the market’s robust growth is attributed to a steady Compound Annual Growth Rate (CAGR) of 3.1%, positioning it to achieve an impressive valuation exceeding US$ 3.5 Billion by 2028.

This remarkable expansion is driven by several factors, notably the rapid improvement in healthcare infrastructure and the evolving reimbursement scenario. These factors have become pivotal boosters for the healthcare industry, particularly in developing regional markets.

Radiation therapy has been a significant part of cancer treatment and the consistently high success rate associated with radiotherapy is projected to further push demand for radiation-induced myelosuppression treatment worldwide.

Neutropenia is foreseen to generate maximum demand for radiation-induced myelosuppression treatment, whereas injectables are identified to hold a substantial share in the total market value, based on the route of administration of radiation-induced myelosuppression treatment. Thrombocytopenia and anemia are likely to present lucrative opportunities for radiation-induced myelosuppression treatment providers.

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The report tracks key factors driving revenue growth of the market –

Increasing prevalence of cancers
Early diagnosis, promises improved chances of positive outcomes
Fostering R&D funds supporting cancer research
Strong product pipeline
Bolstering adoption of chemo-radiotherapy in cancer treatment

Against the backdrop of patent expiry, a majority of market leaders are shifting their focus to the expansion of the product pipeline of a wide range of innovative formulations, likely to shape the radiation-induced myelosuppression treatment landscape.

Myelo001 by Myelo Therapeutics GmbH recently received FDA approval as an orphan drug to be used in the ARS (acute radiation syndrome) treatment.
Mylan NV and Pfizer Inc. also received FDA approvals for their recently launched biosimilars – Epogen Neupogen, and Neulasta respectively.

Patent expiry of originator biologics formulations is creating investment opportunities in biosimilar production – for the operators in the radiation-induced myelosuppression treatment landscape. As there is a considerable cost difference of around 20% between originator biologics and biosimilars, patients are inclined more towards an economical means of treatment, thereby fueling the scope of penetration of radiation-induced myelosuppression treatment in coming years.

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Backed by a majority of established players housing strong bases across North America, especially the US, the report indicates a steady growth outlook for the Global Radiation-Induced Myelosuppression Treatment Industry in the region. North America will reportedly continue to account for over 65% share in the global market value.

New product launches currently mark the top developmental strategy adopted by leading companies competing in the Global Radiation-Induced Myelosuppression Treatment Industry. A majority of key players are also identified to focus on enhancing their geographical foothold in the global radiation-induced myelosuppression treatment landscape. The report in a distinct section covers some of the key competitors operating in the radiation-induced myelosuppression treatment marketplace, emphasizing their financial as well as strategic profiles in depth.

A few of the profiled companies include Pfizer Inc., Janssen Pharmaceutical NV, Janssen Global Services, LLC (Johnson & Johnson), Amgen Inc., Mylan NV, Teva Pharmaceutical Industries Ltd., Novartis AG, and Partner Therapeutics, Inc.

In the highly consolidated competitive landscape of global radiation-induced myelosuppression treatment, the three top-ranking companies, i.e. Janssen Pharmaceutical NV, Amgen Inc., and Teva Pharmaceutical Industries Ltd. dominate in terms of market value. These players continue to hold winning revenue shares in the radiation-induced myelosuppression treatment owing to a strong global presence and a considerable number of new drug approvals. Established companies are entering strategic partnerships and collaborations with regional leaders, to achieve better penetration into regional markets.

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Global Radiation-Induced Myelosuppression Treatment Industry by Category

Indication:

Neutropenia
Anemia
Thrombocytopenia

Drug Class:

Growth factors
Erythropoietin stimulating agents
Thrombopoietin agents
Iron supplements

Route of Administration:

Oral
Injectable

Distribution Channel:

Hospital pharmacies
Retail pharmacies
Online pharmacies
Drug stores

Region

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

Author

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a team of over 5,000 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 Advanced Wound Management Industry Aims for a 3.6% CAGR Rally, Envisioning an Impressive US$11.5 Billion Market Value by 2033 | According to FMI

In a groundbreaking revelation, the Global Advanced Wound Management Industry is gearing up for robust and consistent growth, positioning itself to achieve a remarkable market value of US$8.1 billion by 2023 and eyeing a potential surge to US$11.5 billion by 2033. These findings, underscored by a notable Compound Annual Growth Rate (CAGR) of 3.6%, reflect the industry’s resilience and adaptability in the face of challenges.

The year 2020 presented unforeseen challenges for the advanced wound management sector, marked by the unprecedented impacts of the COVID-19 pandemic that induced a temporary decline in sales. However, the industry showcased its resilience as the global community rallied with intensified research and development efforts, focusing on innovative wound care solutions. This concerted effort has paved the way for a remarkable recovery, positioning the industry for a gradual and sustained upswing in the demand for advanced wound management products throughout the assessment period.

An exciting development to watch is the integration of biomaterials like alginates and silver into topical wound healing treatments, which is poised to further propel sales. These advancements are inspiring leading industry players to pioneer effective and cutting-edge solutions for advanced wound healing, ensuring a promising future for the market.

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Product developments in the advanced wound dressing segment such as hydrogels, collagen, and hydrocolloids are on the cards. Apart from these products, the emergence of negative pressure wound therapy devices will boost sales in the market.

Besides this, government-backed initiatives such as public health insurance schemes in countries including the U.S., the U.K., and China will create lucrative growth opportunities in the advanced wound management industry.

Key Takeaways from the Global Advanced Wound Management Industry Analysis

Advanced wound dressing is anticipated to dominate the product segment.
Based on application, chronic ulcers will witness increasing adoption of advanced wound management.
Hospitals, followed by clinics are expected to account for maximum market sales.
The U.S. is projected to witness high demand in the advanced wound management market, owing to increasing number of diabetic patients in the country.
The U.K. will emerge as a lucrative market with rapid product developments by leading players.
China will exhibit high demand for advanced wound management due to increasing incidence of chronic wounds and reimbursements for medical expenditure.
The advanced wound management industry in India is expected to grow at a steady pace, owing to growing cases of road accidents and chronic wounds.

“Increasing research and development activities aimed at offering advanced wound healing devices and fast-track approvals for novel advanced wound management products are anticipated to propel sales in the market through 2031,” says the FMI analyst.

Growing investments in the healthcare sector, coupled with innovations in advanced wound management products are anticipated to positively shape demand in the upcoming years.

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Global Advanced Wound Management Industry Competitive Landscape

As per FMI’s analysis, ConvaTec Group Plc. Coloplast A/S, Molnlycke Health Care AB, 3M Healthcare, and Smith & Nephew PLC. are among the leading players in the market, accounting for approximately 3/4^th of the market share.

Key players operating in the advanced wound management market are actively focusing on product innovations, strategic collaboration, mergers, acquisitions, and government approvals as a part of their growth strategies. For instance:

In July 2021, Ethicon Inc., a part of the Johnson & Johnson Medical Devices Company, announced the U.S. Food and Drug Administration (FDA) has granted Breakthrough Designation for the company’s transbronchial microwave ablation technology. The advanced technology uses robotic-assisted bronchoscopy for the treatment of debilitating diseases and conditions.
In July 2021, Illinois-based Medline Industries announced its plan to open a new distribution center worth US$ 100 Mn in the Katy area. The new distribution facility will bring the company’s total employee strength to around 375 employees.

Global Advanced Wound Management Industry by Category

By Product Type:

Advanced wound dressings
- Alginates
- Collagens
- Films
- Foams
- Hydrocolloids
- Hydrofibers
- Hydrogels
Wound contact layers
Superabsorbent dressings
Negative pressure wound therapy devices
- Standalone NPWT devices
- Portable NPWT devices
- Single-use disposable NPWT devices
- NPWT accessories

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By Application Type:

Chronic ulcers
- Venous leg ulcers
- Diabetic foot ulcers
- Pressure ulcers
Non-healing surgical wounds
- Traumatic wounds
- Burn cases

By End-User Type:

Hospitals
Clinics
Ambulatory surgical centers
Skilled nursing facilities

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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Jobsite Management Software Market Thrives: Expected to Reach US$ 13.1 Billion by 2032

It is projected that the Jobsite Management Software Market would grow from US$ 5.2 billion in 2021 to US$ 5.7 billion in 2022. From 2022 to 2032, the market is projected to expand at a compound annual growth rate (CAGR) of 8.6%, reaching a valuation of US$ 13.1 billion. The industry’s growth is due to the rise of building in developing countries.

Rapid urbanisation is expected to be one of the key factors driving the market over the evaluation period. As more people relocate into cities throughout the predicted timeframe, the building business is expected to grow significantly. Furthermore, the near future is expected to see a rise in market size due to new housing patterns and digitally enabled smart cities.

For instance, BIM software like AutoCAD and Revit allows the user to digitally test the construction. These advancements are anticipated to give the sector a major boost over the assessment period.

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As a result of the growing emphasis on smart manufacturing, Asia Pacific is predicted to experience the quickest growth during the projected period. The presence of developing economies like China, Japan, and India has made the region one of the most significant markets for construction and design software.

Construction equipment earned US$ 5 billion in revenue in 2020, according to Invest India, the Government of India’s National Investment Promotion and Facilitation Agency.

Key Points from the Market Study

By end-user, the general contractor’s segment is anticipated to dominate the market while exhibiting a CAGR of 8.5% during the forecast period
By product type, the cloud-based segment is projected to record a CAGR of 8.6% from 2022-2032
Market in the U.K to garner a market value worth US$ 536.4 Million by 2032
Industry in China to record a CAGR of 7.9% during the forecast period
The market in South Korea is expected to hold a value of US$ 470.8 Million during the assessment period.

Competition Analysis

Key players in the market include Heavy Construction Systems Specialists, Inc., Fieldwire, CoConstruct, esub construction software, and DataForma. Notable Developments in the Market are:

In February 2022, Trimble Inc., a California-based building & construction player, introduced the Trimble Roadworks Paving Control Platform for asphalt, to allow operators to monitor the compaction process appropriately.
In March 2021, Trimble Inc. launched the latest version of Tekla Structures 2021, a structural BIM software solution for structural engineering, steel fabrication management, and constructible BIM. The software offers updated features and offers better usability with in-product guidance.
In April 20compactors22, eSUB Construction Software, a cloud-based management solution, founded in San Diego, CA, announced the latest iteration of its unique construction software. eSUB Cloud 2.0 aims to increase profitability and productivity by strengthening communication between the office and field and offering an advanced user experience.

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global job site management software market, presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

Key Segments Profiled In The Jobsite Management Software Market

Jobsite Management Software Market by Product Type:

Installed PC Jobsite Management Software
Installed Mobile Jobsite Management Software
Cloud-based Jobsite Management Software

Jobsite Management Software Market by End-User:

Jobsite Management Software by General Contractors
Jobsite Management Software by Building Owners
Jobsite Management Software by Independent Construction Managers
Jobsite Management Software by Sub-Contractors
Jobsite Management Software by Others

Jobsite Management Software Market by Region:

Jobsite Management Software in North America
Jobsite Management Software in Europe
Jobsite Management Software in APAC
Jobsite Management Software in MEA
Jobsite Management Software in Latin America

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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.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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LTE and 5G Broadcast Market Set to Surge: Reaching US$1.8 Billion by 2032

Wireless communication is made possible by mobile network technologies like LTE and 5G broadcast market. Although 5G is the newest development in mobile networks and provides notable increases in terms of speed, latency, and capacity, LTE has been extensively embraced and utilised for a number of years.

The LTE and 5G Broadcast Market is predicted to grow at a strong CAGR of 9.9% and reach US$ 1.8 billion by 2032, up from US$ 711.3 million in 2022, according to a new Future Market Insights report. Operators are able to interact with content and media partners for new services, as well as leverage and monetize their network and media assets. During the projected time, these factors are anticipated to boost the expansion of the LTE and 5G broadcast markets.

LTE and 5G broadcast offer new business opportunities to mobile network operators. Once deployed, LTE and 5G broadcasts can be used for multiple use cases, such as digital signage, emergency alerts, stadium displays, and content delivery to automobile screens.

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The technologies allow mobile network operators to offer new products and services directly to consumers. Mobile network operators can also utilize off-peak capacity to deliver new service offerings, such as rich media caching and managed software updates.

According to a GSMA report, The Mobile Economy 2020, there were approximately 5.2 billion unique mobile subscribers in 2019 worldwide; this number is expected to reach 5.8 billion by 2025, at a CAGR of 1.9% between 2019 and 2025. The number of mobile internet users is expected to increase from 3.8 billion in 2019 to 5.0 billion in 2025, at a CAGR of 4.6%. Also, the adoption of smartphones is expected to grow by 15% globally between 2019 and 2025.

Key Takeaways from the Market Study

Global LTE and 5G Broadcast Market was valued at US$ 711.3 Billion by 2022-end
The US to account for the highest value share of US$ 628.5 Million of global market demand for LTE and 5G Broadcast Market in 2032
From 2015 to 2021, LTE and 5G Broadcast demand expanded at a CAGR of 9%
By Technology, the LTE category constitutes the bulk of LTE and 5G Broadcast Market with a CAGR of 3%.
By End-Use, the Video on Demand segment dominates the LTE and 5G Broadcast Market with a CAGR of 5%.

“Increasing number of LTE and 5G mobile subscribers with surging penetration of smartphones is one of the major factors that is likely to trigger the growth of the LTE and 5G Broadcast Market during the forecast period,” remarks an FMI analyst.

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Drivers and Opportunities:
LTE and 5G broadcast technologies are ushering in a new era for mobile network operators. Notably, these technologies offer a dual advantage by significantly enhancing revenue streams and reducing operational costs. Mobile operators can harness their media and network assets, forging partnerships with content and media providers to introduce innovative services. This collaborative approach is expected to be a primary driver of growth in the LTE and 5G Broadcast Market over the forecast period.

Competitive Landscape – Regional Trends:
The competitive landscape of the LTE and 5G Broadcast Market is witnessing dynamic regional trends. With the global adoption of 5G and LTE broadcasting, regions such as North America, Asia-Pacific, and Europe are emerging as key growth hubs. The race among operators to harness the potential of these technologies is intensifying, with North America leading the charge. However, Asia-Pacific is quickly catching up, driven by a burgeoning mobile subscriber base and increasing demand for high-quality content delivery.

Restraints:
While the LTE and 5G Broadcast Market holds immense promise, it is not without its challenges. Operators must navigate complexities in regulatory frameworks, spectrum allocation, and infrastructure deployment. Moreover, the need for substantial initial investments can pose a barrier to entry for some players. These restraints underscore the importance of strategic planning and collaboration in this dynamic market.

Region-wise Insights – Category-wise Insights:
Region-wise, North America is currently the frontrunner in LTE and 5G broadcasting adoption, fueled by early infrastructure investments and tech-savvy consumers. In contrast, the Asia-Pacific region is experiencing exponential growth, driven by a diverse consumer base and evolving media consumption habits.

Category-wise, the convergence of broadcasting and telecommunications services is creating new avenues for growth. This includes enhanced mobile TV experiences, immersive live streaming, and improved content delivery networks.

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Key Segments Profiled In The LTE And 5G Broadcast Market Report

LTE and 5G Broadcast Market by Technology:

LTE Broadcast
5G Broadcast

LTE and 5G Broadcast Market by End Use:

LTE and 5G Broadcast for Video on Demand
LTE and 5G Broadcast for Fixed LTE Quadruple Play
LTE and 5G Broadcast for e-Newspapers and e-Magazines
LTE and 5G Broadcast for Last Mile CDN
LTE and 5G Broadcast for Emergency Alerts
LTE and 5G Broadcast for Radio
LTE and 5G Broadcast for Mobile TV
LTE and 5G Broadcast for Connected Cars
LTE and 5G Broadcast for Stadiums
LTE and 5G Broadcast for Data Feeds and & Notifications
LTE and 5G Broadcast for Other End Uses

LTE and 5G Broadcast Market by Region:

North America LTE and 5G Broadcast Market
Latin America LTE and 5G Broadcast Market
Europe LTE and 5G Broadcast Market
Asia Pacific LTE and 5G Broadcast Market
Middle East and Africa LTE and 5G Broadcast Market

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About Future Market Insights (FMI)

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

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Nandini Singh Sawlani

Global Dental Hygiene Devices Industry Poised for Exceptional Growth with Anticipated 4.8% CAGR, Targeting a US$ 5.9 Billion Market Landscape by 2028

In a groundbreaking revelation, the Global Dental Hygiene Devices Industry is gearing up for a substantial expansion, with a projected Compound Annual Growth Rate (CAGR) of 4.8% from 2022 to 2028. This anticipated growth is set to propel the industry from an estimated USD 4.4 billion to an impressive USD 5.9 billion. The findings, unveiled in a comprehensive study spanning the years 2022 to 2028, arrive at a crucial juncture as the market and the global economy rebound from the widespread impacts of the COVID-19 pandemic.

Despite facing challenges, the Global Dental Hygiene Devices Industry has proven resilient, and the forecasted growth serves as a beacon of hope for industry stakeholders. The study offers a thorough analysis of the market’s historical trends and presents insights into its future trajectory, providing a valuable resource for informed decision-making.

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The Global Dental Hygiene Devices Industry research demonstrates the current and future Market share of each region along with the important countries in the respective region. Key regions include:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific
Middle East & Africa (MEA).

Segmentation Analysis based on Product Type

Tooth Brush
Dental Polishing Devices
Dental Scalers
Other Dental Devices

Segmentation Analysis based on By-Distribution Channel

Hospital Pharmacies
Retail Pharmacies
Online Pharmacies

Global Dental Hygiene Devices Industry Players

Colgate-Palmolive Company
The Procter & Gamble Company
Koninklijke Philips N.V.
Unilever plc.
GlaxoSmithKline plc
Ultradent Products Inc.
Johnson & Johnson
3M Company
Dabur India Ltd.
Dentsply Sirona.

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What does the Global Dental Hygiene Devices Industry research hold for the readers?

One by one company profiles of key vendors.
Influence of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the Global Dental Hygiene Devices Industry.
Evaluation of supply-demand ratio in every end-use industry.
Regional analysis based on Market share, growth outlook, and key countries.
Positive and negative aspects associated with the consumption of Dental Hygiene Devices.

The Global Dental Hygiene Devices Industry research clears away the following queries:

What is the present and future outlook of the Global Dental Hygiene Devices Industry based on region?
What tactics are the Dental Hygiene Devices Market vendors implementing to give tough competition to their business counterparts?
What are the macro- and microeconomic factors affecting the Global Dental Hygiene Devices Industry?
Which end-use segment is expected to lead by the end of 2029?
Why region have the highest consumption of Dental Hygiene Devices?

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Reasons to Choose Future Market Insights:

Future Market Insights is equipped with highly experienced professionals who perform comprehensive primary and secondary research to provide minute details regarding the Market. We publish myriads of reports for Global clients irrespective of the time zone. Our reports are a result of digitally driven Market solutions that provide unique and actionable insights to the clients.

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

AI-Driven Web Scraping Market Soars: Reaches $306.1M in 2018, Set to Surpass $3.3B by 2033

According to Future Market Insights, the AI-driven web scraping market has grown significantly, reaching a value of US$ 306.1 million in 2018. The demand for AI-powered web scraping increased by 12.7% in 2022 compared to the previous year. Forecasts for 2023 show that the world market is expected to grow to a whopping US$ 638.5 million.

With a cumulative annual growth rate (CAGR) of 17.8%, AI-driven web scraping solutions are predicted to continue to rise between 2023 and 2033. The market is expected to grow to a remarkable US$ 3,295.0 million by the conclusion of this projected period.

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Key Takeaways

The global AI-driven web scraping market reached US$ 306.1 million in 2018, and it is expected to surge to US$ 638.5 million in 2023, with a CAGR of 17.8% from 2023 to 2033.
AI-driven web scraping employs AI technologies like NLP, computer vision, and machine learning to enhance data extraction from websites, forums, and blogs.
North America leads the market, while Asia-Pacific is witnessing significant growth, driven by the tech industry and the demand for data-driven insights.
Data privacy, legality concerns, and adapting to evolving web content are key challenges in this market.

Drivers and Opportunities

AI-driven web scraping represents a pivotal advancement in the field of data extraction from websites, forums, and blogs. By integrating artificial intelligence (AI) technologies and sophisticated algorithms, this process elevates data extraction to new heights of efficiency, precision, and adaptability. The utilization of various AI technologies, such as natural language processing (NLP), computer vision, and machine learning, equips AI-driven models to comprehend the intricacies of web content, ensuring the precise extraction of relevant data.

Competitive Landscape – Regional Trends

The AI-driven web scraping market is experiencing robust competition globally, as organizations recognize the value of efficient data extraction. While North America currently leads the market, other regions are catching up rapidly. Asia-Pacific, in particular, is witnessing substantial growth due to its burgeoning tech industry and increasing demand for data-driven insights. Europe is also a significant player in this evolving landscape, with companies investing heavily in AI-driven web scraping solutions.

Restraints

Despite its immense potential, the AI-driven web scraping market faces challenges, such as concerns related to data privacy and legality. Striking the right balance between data extraction and respecting the rights of website owners and users remains a critical issue. Additionally, the ever-evolving landscape of web content presents a continuous challenge in adapting AI-driven scraping methods to maintain accuracy and relevance.

Region-wise Insights – Category-wise Insights

Regionally, North America maintains its dominant position in the AI-driven web scraping market, driven by the adoption of cutting-edge technologies and a thriving startup ecosystem. Asia-Pacific is experiencing rapid growth, fueled by the expanding e-commerce industry and the need for market intelligence. In Europe, regulatory developments are shaping the market, with a focus on compliance and ethical data extraction practices.

In terms of categories, e-commerce and market research are the primary sectors leveraging AI-driven web scraping. E-commerce companies use it to monitor competitors’ pricing and product listings, while market research firms rely on it to gather consumer sentiment and industry trends.

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Segmentation Analysis of the AI-driven Web Scraping Market

By Scraping Type:

Static Web Scraping
Dynamic Web Scraping
API Scraping
Image and Text Recognition

By Subscription Model:

Paid Services
Free Services

By Industry:

IT & Telecommunication
BFSI
E-commerce
Healthcare
Retail & Consumer Goods
Energy & Utilities
Others

By Region:

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

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 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

Computer-Aided Engineering Market Soars, Predicted to Reach US$ 29.1 Billion by 2034

The computer-aided engineering market value is expected to rise from US$ 10,978.9 million in 2024 to US$ 29,126.2 million by 2034. This market is expected to rise at a CAGR of 10.20% over the next decade.

The increasing use of computer-aided engineering (CAE) to elevate product reliability and quality is projected to propel market growth. In addition to this, the surging deployment of CAE to reduce costs, optimize designs, and ensure the overall success of engineering projects is propelling growth in the market.

The growing demand for CAE in the automotive sector to lower emissions and enhance safety and fuel efficiency is projected to boost the CAE market in the future. Moreover, the increasing development of eco-friendly products in different sectors is providing lucrative growth opportunities to top investors.

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The surging adoption of CAE tools to analyze vehicle aerodynamics and battery performance contributes to market growth. Besides, the intensifying focus on data exchange and automation in manufacturing is augmenting the CAE market. The rising demand for CAE solutions to enhance prosthetic implants in orthopedic surgeries is contributing to market growth.

“Market players are finding significant growth opportunities in the Asia Pacific region, with China, Japan, and Australia as the high-growth bearing countries. Apart from this, market leaders are focusing on enhancing their offerings of cloud-based CAE solutions to capture customers for this deployment model,” opines Sudip Saha, managing director at Future Market Insights (FMI) analyst.

Key Takeaways from the Computer-aided Engineering Market Report

In 2019, the computer-aided engineering market generated a revenue of US$ 7,282.7
The United States market is projected to register a CAGR of 1% through 2034.
The markets for computer-aided engineering in Japan, China, and Australia are forecast to expand at CAGRs of 5%, 10.8%, and 13.8%, respectively, through 2034.
The software segment is predicted to account for a market share of 3% in 2024.
The cloud-based CAE is estimated to capture a share of 1% of the market in 2024.

Competitive Analysis

Key players continuously innovate and introduce new functionalities and features to their software, like multi-physics simulations, better meshing capabilities, and integration with machine learning (ML) and artificial intelligence (AI). Further, market leaders are extending into new high-growth geographic markets like China and Australia.

Key contenders are focusing on partnering and acquiring other companies in the CAE ecosystem to enjoy more enriched sources in terms of expertise, technologies, and markets. Additionally, players are focusing on cloud-based offerings and subscription-based models to enhance their revenue flow.

Recent Developments in Computer-aided Engineering Market

In April 2023, Avient Corporation upgraded CAE capabilities to support the usage of plastics in structural applications. The advanced solutions are designed to help customers predict the response of fiber-reinforced polymer materials to accelerate the speed to market.
In June 2022, Ansys and SoftInWay entered into a partnership to further support the digitization of a streamlined workflow for single-stage, multi-stage, and multi-module turbomachinery.
In 2022, Ansys and AWS expanded their high-performance computing (HPC) in the cloud to help advance CAE, electronic design automation (EDA), and simulation solutions.

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Key Segments Covered in the Computer-aided Engineering Market Report

By Type:

Finite Element Analysis (FEA)
Computational Fluid Dynamics (CFD)
Multibody Dynamics
Optimization and Simulation
Software

By Deployment Model:

On-premise
Cloud-based

By End-Use Industry:

Automotive Industry
Defence and Aerospace Industry
Electronics Industry
Medical devices
Industrial equipment
Others

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

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Author:

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 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

Cloud Network Monitoring Market Surges: Global Sales Projected to Reach $8.9 Billion by 2033

The sector that deals with the creation, delivery, and uptake of products and services intended to oversee and manage the functionality, security, and general well-being of computer networks housed on cloud infrastructure is known as the cloud network monitoring market.

The market for cloud network monitoring is anticipated to be valued US$ 2,044.2 million in 2023. Throughout the projection period, the market is anticipated to grow at a 15.8% CAGR and reach US$ 8,889.0 million by 2033.

In a cloud computing context, cloud network monitoring entails continually viewing and evaluating network performance, security, and activity. It functions by placing agents and monitoring tools on a variety of cloud infrastructure elements, including network devices, servers, virtual machines, and storage systems.

The increasing adoption of cloud computing and digital transformation initiatives across industries is a major driver for the Cloud Network Monitoring market. Organizations are migrating their systems and applications to the cloud, creating a need for robust monitoring solutions to ensure performance, security, and availability in the cloud environment.

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The growing complexity of cloud networks and the need for real-time visibility present significant opportunities in the Cloud Network Monitoring market. Organizations require advanced monitoring solutions that can handle distributed architectures, hybrid cloud environments, and emerging technologies like containers and serverless computing. Meeting these demands with innovative and scalable monitoring tools can lead to substantial market growth.

One of the key challenges in the Cloud Network Monitoring market is the dynamic and constantly evolving nature of cloud environments. With frequent changes in infrastructure, scaling, and resource allocation, it becomes challenging to maintain accurate and up-to-date monitoring configurations. Keeping pace with the dynamic nature of cloud networks and ensuring effective monitoring across all components and services is a challenge that vendors and organizations face.

A notable Cloud Network Monitoring market trend is integrating machine learning and artificial intelligence technologies. Artificial intelligence and machine learning algorithms are being leveraged to analyze large volumes of network data, identify patterns, and detect anomalies in real time. This trend enables proactive monitoring, intelligent incident detection, and automated responses, enhancing the efficiency and effectiveness of cloud network monitoring solutions.

Key Takeaways from the Cloud Network Monitoring Market:

The cloud network monitoring market in the United States is predicted to reach US$ 1066.7 Million by 2033, increasing at a 15.5% CAGR.
The cloud network monitoring market in the United Kingdom is estimated to reach a market value of US$ 862.2 Million, expanding at a CAGR of 14.7% by 2033.
During the forecast period, China’s cloud network monitoring market is expected to reach a market value of US$ 986.7 Million, securing a 16.1% CAGR.
Japan’s cloud network monitoring market is predicted to reach US$ 791.1 Million by 2033, increasing at a 15.1% CAGR.
India’s cloud network monitoring market is predicted to achieve a market value of US$ 915.6 Million, rising at a 17.8% CAGR during the forecast period.
With a CAGR of 17.2% from 2023 to 2033, the application monitoring segment is expected to dominate the cloud network monitoring market.
With a market share of 19.8% from 2023 to 2033, North America is expected to dominate the cloud network monitoring market.

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How Does the Competition Look in the Cloud Network Monitoring Market?

The Cloud Network Monitoring market is rapidly expanding due to the adoption of cloud computing and the complexity of cloud networks. This growth is fueled by the demand for effective monitoring solutions that ensure performance, security, and availability in cloud environments. The market is marked by advancements in monitoring technologies, AI and ML capabilities, and specialized solutions addressing evolving cloud monitoring needs.

The Cloud Network Monitoring market is fiercely competitive, with key players like Cisco Systems, Google, SolarWinds, AppDynamics, and NetApp striving to dominate and grow their customer base. These vendors utilize their wide range of products, strong brand recognition, and global presence to provide comprehensive monitoring solutions and capture a significant market share. The competition revolves around constant product innovation, feature enhancements, and addressing the specific needs of various industries and organizations.

Collaboration and partnerships are vital in the Cloud Network Monitoring market. Key players form strategic alliances with cloud service providers, network infrastructure vendors, and technology integrators. These collaborations integrate monitoring solutions with complementary products or services, extend market reach, and provide end-to-end monitoring capabilities. Leveraging these partnerships, companies offer advanced comprehensive solutions, meeting diverse customer needs in complex cloud environments.

Leading players dominate the cloud network monitoring market with their experience, customer base, and market recognition. They invest in R&D to enhance solutions, stay technologically advanced, and meet evolving customer needs. Emerging vendors with innovative and niche offerings also find opportunities alongside established players, catering to specific market segments or verticals.

Top 5 Key Players in MedTech Market and Their Marketing Strategy

NetApp
Google
Microsoft Corporation
Amazon
Oracle

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Segmentation Analysis of the Cloud Network Monitoring Market

By Monitoring:

Infrastructure Monitoring
Application Monitoring
Network Traffic Monitoring

By Cloud Type:

Private Cloud
Public Cloud
Hybrid Cloud

By Industry:

IT & Telecommunication
BFSI
Government
Healthcare
E-commerce
Others

By Region:

North America
Latin America
Western Europe
Eastern Europe
East Asia
South Asia Pacific
Middle East & Africa

Author:

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani