Endoscope Reprocessing Devices Market Charts a Course to a US$ 3.1 Billion Horizon by 2032: Trends and Insights

Endoscope Reprocessing Devices Market
Endoscope Reprocessing Devices Market

Endoscopy has emerged as a fundamental component of both therapeutic and diagnostic operations in the field of modern healthcare. Ensuring that endoscope reprocessing devices market sales are properly reprocessed has become crucial to preserving patient safety and reducing infections as endoscope use rises. The Endoscope Reprocessing Device Market is an essential industry that contributes significantly to maintaining these standards by offering cutting-edge technologies for endoscope cleaning and disinfection that are dependable, efficient, and effective.

Endoscopes, intricate instruments used for visualizing internal body structures, come into direct contact with patients’ bodily fluids. As a result, they must be meticulously cleaned, disinfected, and sterilized between uses to prevent the risk of cross-contamination and infections. The Endoscope Reprocessing Device Market addresses this essential need by offering a range of cutting-edge equipment designed to streamline the reprocessing process, ensuring that endoscopes are safe for subsequent use.

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According to Future Market Insights’ most recent analysis, the global disposable endoscopes market is expected to be worth around US$ 909.9 Million in 2021. The market is expected to grow at a CAGR of nearly 17.6% from 2022 to 2032, reaching an estimated valuation of around US$ 5.3 Billion in 2032.

Endoscope-related infections can be differentiated into endogenous and exogenous. Presence of microbes that have the ability to form biofilms or adhere to medical devices can possess the ability to cause cross-contamination in healthcare settings. Hence, disposable endoscopes are a better option that allows healthcare facilities to skip the steps of reprocessing and also reduce the chances of acquiring infections. Between 2019 and 2020, in the U.S., there was a 24% increase in central line-associated bloodstream infection (CLABSI), with the largest increase observed in ICU (50%), as per the Centers for Disease Control and Prevention (CDC).

Growing investments in research and development activities & healthcare settings to develop novel products with an emphasis on low-cost product offerings and lesser infection exposure, are also expected to propel the disposable endoscopes market during the forecast period. Emerging startups are focusing on improving features of endoscopes to attract more customers.

The use of ultra-thin polymer fiber allows reaching anatomical sites that were formerly unreachable. Increasing preference among physicians and patients for the detection of cancer & tumors and reducing the risk of infection due to the safety and efficacy of endoscopic procedures would also favor growth in the disposable endoscopes market.

In August 2021, for instance, a customized peregrine endoscope from 3NT was launched to provide clinicians with a close-up view of the difficult-to-reach regions with sinuses to aid in the diagnosis and treatment of conditions, including polyps and cancer.

Key Takeaways: Disposable Endoscopes Market

  • Disposable bronchoscopes are the leading product type and held approximately 30.1%of the global market share in 2021.
  • By end user, hospitals are dominating the global disposable endoscopes market and are expected to exhibit a CAGR of 17.5% during the forecast period.
  • China is one of the leading manufacturers of disposable endoscopes and it held a market share of around 6.7% in 2021.
  • Germany exhibited a share of around 7.5% in the Europe disposable endoscopes market in 2021.
  • North America is considered to be the leading region and held a share of 36.8% in 2021.

“Growing emphasis on technological advancement and development of cost-effective disposable medical equipment are set to propel sales of disposable endoscopes across the globe,” says an analyst of Future Market Insights.

Competitive Landscape: Disposable Endoscopes Market

The market for disposable endoscopes is highly fragmented with the presence of several local, emerging, as well as established players. Key players are focusing on new product launches with additional features, obtaining regulatory approvals, and increasing their manufacturing capabilities to compete with their rivals.

For instance,

  • In April 2022, Ambu launched a single-use endoscope and accompanying mA scope, known as Ascope 4 Rhinolaryngo Slim and Aview 2 Advance HD monitor, which would enable fiberoptic endoscopic evaluation of swallowing.
  • In May 2021, Boston Scientific Corporation attained CE approval for its EXALT Model B. It is a single-use bronchoscope, a device made for bedside operations in the ICU and operating room.

Key Players:

  • Ambu A/S
  • Olympus America
  • Boston Scientific Corporation
  • Fujifilm Holdings Corporation
  • NeoScope Inc.
  • Coloplast Corp
  • Endotherapeutics Pty Ltd
  • Laborie
  • Shenzhen Tianlang Medical
  • Intersurgical
  • Teleflex Incorporated.
  • Bell Medical Inc.
  • PENTAX Medical
  • CooperSurgical Inc.
  • Meditrina, Inc.
  • UroViu Corporation
  • Adler MicroMed, Inc.
  • Advin Health Care
  • KARL STORZ SEACON

Get More Valuable Insights on Disposable Endoscopes Market

Future Market Insights offers a unique perspective and actionable insights on the disposable endoscopes market in its latest study, presenting a historical demand assessment of 2012 to 2021 and projections for 2022 to 2032. The global disposable endoscopes market is segmented in detail to cover every aspect of the market and presents a complete market intelligence approach to the reader.

The research study is based on products (disposable bronchoscopes, disposable cystoscopes, disposable duodenoscopes, disposable esophagoscopes, disposable hysteroscopes, disposable laryngoscopes, disposable proctoscopes, and disposable ureteroscopes), and end user (hospitals, ambulatory surgical center, and diagnostic center), across seven key regions of the world.

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Key Segments:

By Product:

  • Automated Endoscope Reprocessor
    • Single Basin AER
    • Dual Basin AER
  • Washer Disinfector
    • Single Chamber
    • Multiple Chamber
  • Sterilizer
  • Ultrasonic Washer
  • Drying and Storage Cabinet
    • Single Door
    • Double Door

By End User:

  • Hospitals
  • Ambulatory Surgical Center
  • Specialty Clinics

By Region:

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

Author By:

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

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

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

About Future Market Insights (FMI)

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

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United States Merchandising Unit Industry: Estimated to Reach a Value of US$ 2,225.6 Million by 2033, Reflecting Growth and Demand in Retail Environments

United States Merchandising Unit Industry

In 2023, sales of merchandising units across the United States are estimated at US$ 1,327.8 million, with projections indicating a surge to US$ 2,225.6 million by 2033. Throughout the assessment period, the demand for merchandising units in the United States is expected to increase at a Compound Annual Growth Rate (CAGR) of 5.3%. This forecast underscores the growing significance of merchandising units in retail environments, reflecting evolving consumer preferences and the need for effective product display and promotion strategies. As the retail landscape continues to evolve, merchandising units play a crucial role in driving sales and enhancing brand visibility.

The free-standing merchandising unit segment is expected to retain its dominance during the forecast period. It will likely hold a value share of 55.4% in 2023. On the other hand, the wall-mounted segment is projected to witness a higher CAGR of 6.3% through 2033.

Merchandising units serve as dynamic marketing tools to engage customers, drive sales, and enhance brand visibility through enhanced presentation, promotional displays, and streamlined purchase processes. As a result, their demand is predicted to rise steadily.

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The robust growth of the food service sector across the United States is a key factor propelling the demand for merchandising units. According to the United States Department of Agriculture, the food service and food retailing sector grew at around 10% y-o-y in 2022. This, in turn, is expected to boost sales of merchandising units as they are widely used in this sector.

Key food retailers and food service companies are consistently increasing their spending on advertising and marketing initiatives, which include investments in merchandising units and kiosks. This will likely boost revenue in the United States.

For instance, McDonald’s invested around US$ 2 billion in advertising expenses in the United States alone in 2022. The company has also been consistently increasing its promotional spending, capitalizing on the rising instances of impulse buying across the country.

Other players, such as Burger King and Subway, are also ramping up investments in advertisements, consequently driving the merchandising unit business forward. Rising consumer spending and increasing emphasis on visual merchandising are expected to drive demand for merchandising units in the country. Similarly, innovation in merchandising units and expansion of the organized retail sector will likely bolster sales of merchandising units.

Business Growth Drivers:

  1. Economic Expansion: Overall economic growth typically translates to increased consumer spending, which benefits the merchandising unit industry. When consumers have more disposable income, they are more likely to purchase non-essential items, driving sales for merchandisers.
  2. E-commerce Growth: The proliferation of e-commerce platforms has significantly expanded the reach of merchandising units. Companies operating in this space can tap into a broader customer base, reduce overhead costs associated with brick-and-mortar stores, and leverage data analytics for targeted marketing and personalized shopping experiences.
  3. Technological Advancements: Advancements in technology have revolutionized the way merchandising units operate. From inventory management systems to point-of-sale solutions and customer relationship management tools, technology streamlines operations, enhances efficiency, and improves the overall customer experience.
  4. Changing Consumer Preferences: As consumer preferences evolve, merchandising units must adapt by offering innovative products, personalized services, and omnichannel shopping experiences. Businesses that can anticipate and respond to shifting trends are poised for growth within the industry.
  5. Supply Chain Optimization: Efficient supply chain management is critical for merchandising units to ensure timely delivery of goods and minimize costs. Companies that invest in optimizing their supply chains through automation, data analytics, and strategic partnerships can gain a competitive edge and drive growth.

Industry Restraints:

  1. Economic Uncertainty: Economic downturns, recessions, or fluctuations in consumer confidence can significantly impact consumer spending habits and, consequently, the revenue of merchandising units. Uncertainty surrounding trade policies, geopolitical tensions, or natural disasters can also disrupt supply chains and increase operational costs.
  2. Competition: The merchandising unit industry is highly competitive, with numerous players vying for market share. Intense competition can lead to price wars, eroding profit margins, and making it challenging for smaller players to compete with larger retailers or e-commerce giants.
  3. Regulatory Compliance: Compliance with various regulations, including labor laws, product safety standards, and environmental regulations, adds complexity and costs to operations within the merchandising unit industry. Failure to comply with these regulations can result in fines, legal liabilities, and damage to reputation.
  4. Rapid Technological Changes: While technological advancements present growth opportunities, they also pose challenges for merchandising units, particularly smaller businesses with limited resources. Keeping pace with evolving technology requires ongoing investments in infrastructure, staff training, and cybersecurity measures.
  5. Consumer Behavior Shifts: Changes in consumer behavior, such as the growing preference for sustainable products, ethical sourcing, or online shopping, can pose challenges for traditional merchandising units. Businesses must stay attuned to these shifts and adapt their strategies accordingly to remain relevant in the market.

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Key Takeaways from the Report-

  • The United States merchandising unit business revenue is expected to reach US$ 1,327.8 million in 2023.
  • Demand for merchandising units in the United States will likely rise at a 3% CAGR through 2033.
  • Total merchandising unit sales in the United States are projected to total US$ 2,225.6 million by 2033.
  • By type, the free-standing segment is estimated to hold a prominent value share of 4% in 2023.
  • Based on end-users, the shopping malls segment is anticipated to account for a share of around 26% by 2033.
  • North East region is projected to account for a share of 4% in 2023.

“The United States retail sector is having a significant impact on the demand for merchandising units and is poised to continue expanding throughout the estimated period. Key manufacturers are focusing on providing innovative solutions to stay ahead of the competition,” – says a lead analyst at Future Market Insights (FMI).

Corrugated Cardboard-based Merchandising Units Presenting New Opportunities

In recent times, consumers have been actively preferring products and brands that demonstrate a commitment to sustainability. A survey conducted by the World Wildlife Fund (WWF) reveals that over 70% of consumers in the United States prefer sustainability after the COVID-19 pandemic.

Manufacturers are responding to this trend by using corrugated cardboard, which is considered an eco-friendly option, in their merchandising units. This choice resonates with the growing number of environmentally-conscious consumers and simultaneously influences a positive brand perception.

Several manufacturers, such as Smurfit Kappa, WestRock, and International Paper, have been updating their portfolios of corrugated-based merchandise displays. Manufacturers can adopt a similar strategy to increase their customer footprint across the country.

Competitive Landscape

  • Smurfit Kappa
  • International Paper
  • WestRock
  • DS Smith Plc
  • Cart King International
  • Siffron Inc.

are a handful of the key merchandising unit manufacturers. Frank Mayer and Associates, Inc., Creative Display Now, Tilsner Carton Company, and Nemco Food Company are also notable players in the United States. The Tier 1 players in the business hold 20% to 25% of the total United States merchandising unit business.

Key players are implementing organic and inorganic strategies to boost their sales and expand their global footprint. These include new product launches, usage of sustainable materials, acquisitions, partnerships, mergers, and collaborations. For instance,

  • In May 2022, Smurfit Kappa announced the acquisition of WestRock to create a new global packaging company.

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United States Merchandising Unit Industry Analysis by Category

By Type:

  • Wall Mounted
  • Free Standing
  • On Wheels

By End-users:

  • Airports
  • Shopping Malls
  • Subway Stations
  • Commercial Space & Institutions
  • Residential Community
  • Hotels & Resorts
  • Other (Stadium, Parks)

By Sub-region:

  • North East
  • South West
  • West
  • South East
  • Mid-West

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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Aseptic Paper Packaging Market Analysis: Industry worth US$ 15,818.84 Million by 2033

Aseptic paper packaging, also known as aseptic cartons or Tetra Pak containers, is a type of packaging designed to preserve perishable food and beverage products without the need for refrigeration or preservatives.

The global Aseptic Paper Packaging Market has reached a substantial valuation, with a total of US$ 9,804.37 million in the year 2023. This impressive market size is primarily attributed to the expanding scope of applications and continuous technological innovation, which serve as the market’s principal growth catalysts.

The expanding market for aseptic paper for packaging is notably driven by the escalating consumption of pre-cooked foods, dairy products, juices, and meat, which necessitate aseptic packaging solutions. Furthermore, aseptic paper for packaging is highly sought after due to its lightweight nature, energy efficiency, and inherent durability, making it a preferred choice for manufacturers and consumers alike. This not only underscores the versatility of aseptic paper but also positions it as an eco-conscious solution aligned with modern packaging preferences.

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Drivers:

  1. Food Safety Concerns: Increasing concerns about food safety and the need to extend the shelf life of food products drive the demand for antimicrobial packaging ingredients. These ingredients help inhibit the growth of harmful microorganisms and pathogens in food.
  2. Consumer Health Awareness: Rising consumer awareness about the importance of consuming safe and hygienic food products promotes the adoption of antimicrobial packaging. Consumers are looking for packaging solutions that maintain the freshness and quality of their food.
  3. Growth in Processed and Convenience Foods: The global trend toward convenience and processed foods, which often have longer shelf lives, boosts the demand for antimicrobial packaging ingredients to maintain the integrity of these products.
  4. Regulatory Compliance: Stringent food safety regulations and guidelines require food manufacturers to use effective packaging materials to prevent contamination and maintain hygiene, driving the market for antimicrobial ingredients.
  5. Market Expansion: The global food industry is expanding, with a growing working population and increased demand for on-the-go food products, creating a need for reliable packaging solutions.

Start-Up Scenario

Manufacturers are adopting various marketing strategies such as new product launches, geographical expansion, mergers and acquisitions, partnerships, and collaboration to identify the interest of potential buyers and create a large customer base. For instance,

Greatview Aseptic Packaging Company is an aseptic processing firm headquartered in Beijing, China, Established in 2003. The bio-attributed polymers, which are incorporated into Greatview’s production process via an RSB® certified mass balance approach*, might be linked to tall oil, a natural by-product of paper manufacturing sourced from responsibly managed forests, in December 2021.

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Key Players

Tetra Pak International S.A.

Nampak Ltd.

SIG Combibloc Obeikan (South Africa) (Pty) Ltd.

Mondi Ltd

Polyoak Packaging Group (Pty) Ltd.

Amcor Limited

Elopak SA

IPI s.r.l.

Uflex Ltd

Ducart Group

Key Segments Covered In the Aseptic Paper for Packaging Market Report

Aseptic Paper for Packaging Market by Paper Type:

  • Aseptic Bleached Paperboard
  • Aseptic Coated Unbleached Kraft Paperboard

Aseptic Paper for Packaging Market by Thickness:

  • Aseptic Paper up to 100 microns
  • Aseptic Paper from 100 to 200 microns
  • Aseptic Paper from 200 to 300 microns
  • Aseptic Paper above 300 microns

Aseptic Paper for Packaging Market by End Use:

  • Aseptic Paper for Food & Beverage Packaging
  • Aseptic Paper for Dairy Packaging
  • Aseptic Paper for Pharmaceuticals Packaging

Aseptic Paper for Packaging Market by Region:

  • North America Aseptic Paper for Packaging Market
  • Latin America Aseptic Paper for Packaging Market
  • Europe Aseptic Paper for Packaging Market
  • East Asia Aseptic Paper for Packaging Market
  • South Asia & Oceania Aseptic Paper for Packaging Market
  • The Middle East & Africa Aseptic Paper for Packaging Market

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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Vascular Access Catheters Market Skyrockets to a Projected US$ 5.3 Billion Valuation by 2032: Growth Trajectory and Analysis

Vascular Access Catheters market
Vascular Access Catheters market

The global vascular access catheters market sales is anticipated to develop at a compound annual growth rate (CAGR) of 5.7% between 2022 and 2032, providing lucrative growth potential estimated at US$ 5.3 billion. By the end of 2022, the non-antimicrobial category is predicted to account for US$ 2.2 billion of the projected US$ 3.0 billion global market value. According to Future Market Insights’ historical valuation, the global market for vascular access catheters is expected to increase at a compound annual growth rate (CAGR) of 4.9% between 2012 and 2021. In 2021, the global market was valued at US$ 2.9 billion.

The growth of the market is attributed to the increasing number of cases of blood transfusions along with the rising demands of patients for central venous access. Furthermore, the rise in a number of lifestyle-related disorders and surging demand for technologically advanced vascular access devices are promising factors to propel the market in the forecast period. The aforementioned factors are expected market drivers and are anticipated to expand the market during the forecast period.

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A vascular access catheter also known as a central line catheter is known as a long, thin, flexible tube utilized to draw bodily fluids and blood from veins including intravenous fluids, drugs, or blood transfusions. Central access catheters are utilized for administering medicines, fluids, nutrients, blood, and blood products. Furthermore, these catheters are used for measuring central venous pressure (CVP), hemodialysis, and chemotherapy over a long period of time. The growth of the global vascular access catheters market is primarily driven by increasing adoption and growing demand for antimicrobial coated catheters, coupled with socio-economic factors such as increasing disease incidences due to the growing aging population. Increasing cases of cancer and chronic kidney disease are major factors globally.

Owing to the technological advancements within the global vascular access catheters market within the developed regions are expected to bolster the prevalence of end-stage renal diseases and rising numbers of vascular access surgeries are the trends expanding the global vascular access catheters market. Other prominent growth drivers are product innovations and increasing rates of hospitalizations. In addition to that, product category, insertion procedure, indication, and the age of the patient are set to define the reimbursement landscape for vascular access catheters. Catheter manufacturers are expected to invest more in product design and quality to minimize the impact on patient safety.

Key Takeaways:

  • The rising implementation of tip location devices has enhanced the accuracy and efficiency of PICC and CVC insertion by helping physicians to position the PICC and CVC tip in proximity to the cardio arterial and large vein junction.
  • Rising demand for central venous catheters combined with favorable support from various government bodies on the basis of reimbursement and commercialization of novel interventional solutions are major factors boosting collaborations and partnership agreements between manufacturers.
  • Prominent companies within the central access devices market are making hefty investments to introduce innovative central venous catheters that will help in capitalizing. Therefore, creating lucrative opportunities in the vascular access catheters market. Also, companies are working on key related issues such as the prevention of thrombus formation and infection by introducing catheters with antimicrobial coatings.
  • The above-mentioned factors incorporate great prospects for manufacturers in order to elevate the adoption of their products to create a strong consumer base and boost the vascular access catheters market in the forecast years.

Competitive Landscape:

Several advancements in biocompatibility, flexibility, and the adoption of novel materials are efficiently shaping the demand for such effective and quality products in the vascular access catheters market. Key market players in the market are looking forward to expanding their market and creating a stronghold in the consumer base from long-term vascular access catheters (VACs). Manufacturers have benefitted from the growing understanding of the diagnosis of VAC-related infections. Technological advancements especially concerning designs and materials have enabled healthcare workers to overcome complex VAC infections and complications. These factors are the prospects of new technologies in the vascular access catheter market.

Angio Dynamics, C.R. Bard, Teleflex Incorporated, Kimal, B. Braun Melsungen AG, Vygon (UK) Ltd., Fresenius Kabi AG, Becton, Dickinson and Company, Argon Medical Devices, Inc., Boston Scientific Corporation, Cook Medical Incorporated, Medical Components, Inc., Medtronic PLC., Terumo Medical Corporation, NIPRO Medical Corporation, Angio dynamics, Edwards Lifesciences Corporation.

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Key Market Segments Covered in Vascular Access Catheters Industry Research

Products:

  • Dialysis Catheters
    • Acute Hemodialysis Catheters
    • Chronic Hemodialysis Catheters
    • Peritoneal Dialysis Catheters
  • PICC Catheters
  • Implantable Port
  • CVC Catheters
    • Tunneled Catheters
    • Non-Tunneled Catheters

Property:

  • Antimicrobial Catheters
  • Non-Antimicrobial Catheters

Design:

  • Single Lumen
  • Double Lumen
  • Multiple Lumen

End User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Dialysis Centers
  • Specialty Clinics and Others

Region:

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

Author By:

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

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

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

About Future Market Insights (FMI)

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
LinkedInTwitterBlogs | YouTube

Pigmented Lesion Treatment Market Embraces Emerging Skincare Trends for Robust Growth by 2033: Analysis and Projections

Pigmented Lesion Treatment Market
Pigmented Lesion Treatment Market

Treatments for pigmented lesions are expected to reach a market value of US$ 7,614.7 million by 2033, up from an anticipated US$ 3,591.3 million in 2023. From 2023 to 2033, the pigmented lesion treatment market sales is projected to increase at a compound annual growth rate (CAGR) of 7.8%.

The emphasis on having flawless skin in the beauty and skincare industries has a significant impact on the demand for pigmented lesion treatments. Consumers are increasingly looking for treatments to address pigmentation issues and achieve a more even complexion. To address pigmentation issues, cosmetic and skincare companies are developing and marketing products in addition to medical treatments. The convergence of medical and cosmetic procedures is promoting market growth as people consider various options to enhance the appearance and health of their skin.

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The technique of diagnosing and formulating a treatment plan for pigmented lesions has undergone a radical change due to technology’s integration into dermatology practice. Telemedicine platforms improve access to dermatological care, electronic health records (EHRs) ease patient data storage, and artificial intelligence (AI) applications facilitate the assessment of skin abnormalities. The efficiency and precision of pigmented lesion detection and treatment are improved due to these technical developments, improving patient care overall and helping the market grow.

The focus on preventative care and overall skin wellness is expanding. To lower their chance of getting new pigmented lesions, people make lifestyle adjustments, including using sunscreen, donning protective clothing, and seeking shade. People are taking preventive actions to lessen the effects of UV radiation and decrease the risk of pigmented lesion formation, demonstrating a proactive approach to skin health. The management of pigmented lesions is increasingly integrating skin wellness measures, which is helping in the industry’s expansion.

“As a result of ongoing demand-driven factors such as technology advancements, patient education, and a culture of preventative skin health, the market for pigmented lesion treatment is expected to grow substantially. To accommodate the wide range of needs of patients looking for effective treatments for pigmented lesions and to take care of both medical and cosmetic issues, industry participants will need to adapt, innovate, and work together as the market continues to change,” says an FMI analyst.

Key Takeaways :

  • In 2018, the global market size stood at US$ 2,467.2 million.
  • The market size expanded at a 6.4% CAGR from 2018 to 2022.
  • In 2022, the global market stood at US$ 3,361.5 million.
  • In 2022, the lasers and energy-based devices segment gained 42.3% of the pigmented lesion treatment market share.
  • In 2022, dermatology clinics remained the leading end-use sector, occupying nearly 72.3% of the pigmented lesion treatment market share.
  • India’s pigmented lesion treatment market is estimated to develop at an 8% CAGR through 2033.
  • China’s pigmented lesion treatment market is anticipated to rise at a 7.5% CAGR through 2033.
  • Germany’s pigmented lesion treatment market is estimated to thrive at a 7.4% CAGR through 2033.

Competition Analysis

The pigmented lesion treatment market is dynamic, driven by technological advancements. Key players in the market are focusing on R&D activities to develop medical and aesthetic solutions for pigmented lesions. They are developing patient-centric therapeutic methods to increase their market presence and provide better service to the patients.

They are also focusing on collaborations and innovations to boost their market ereach and revenue share. They are also strategizing to increase their portfolio for therapeutics and product offerings for pigmented lesion treatment.

Key Players :

  • Lumenis Ltd.
  • Alma Laser Inc.
  • Zeltic, El.En.
  • Cutera
  • Sisram
  • Allergan Plc
  • Cynosure
  • Johnson & Johnson
  • Bausch Health Group of Companies
  • STRATA Skin Sciences
  • Solta Medical Inc.
  • Lynton’s Laser Ltd.
  • Lutronic Corporation
  • Fotona d.d.
  • Sciton, Inc.

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Pigmented Lesion Treatment  Market Segmentation:

By Product:

  • Lasers and Energy-based Devices
  • Radiofrequency (RF) Devices
  • Micro-focused Ultrasound
  • Intense Pulsed Light Devices

By Lesion Type:

  • Freckles
  • Lentigines
  • Melisma
  • Others

By End-use Sector:

  • Dermatology Clinics
  • Beauty Clinics
By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Author By:

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

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

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

About Future Market Insights (FMI)

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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Freeze-Dried Food Market to Blossom at 6.8% CAGR, Surging to US$ 54.8 Billion by 2032 on Health-Conscious Trends

freeze-dried food market 
freeze-dried food market

The freeze-dried food market is booming due to increased health awareness, showcasing a 6.8% CAGR, reaching US$ 54.8 billion by 2032. Demand surges for nutrient-rich, organic, and low-carb diets, with freeze-dried fruits and vegetables gaining traction among health-conscious consumers for their extended shelf life and natural attributes.

The freeze-dried food market is experiencing significant growth, with a projected CAGR of 6.8% to reach a value of US$ 54.8 billion by 2032. This surge in demand is driven by increasing awareness of the health benefits of nutrient-rich, organic, and low-carb diets. Freeze-dried fruits and vegetables, known for their extended shelf life without artificial additives, are becoming popular among health-conscious consumers.

With a projected cumulative annual growth rate (CAGR) of 6.8%, the freeze-dried food industry is expected to expand at an astounding rate and reach a significant value of US$ 54.8 billion by 2032. The rise in demand can be ascribed to growing knowledge of the health advantages of eating an organic, low-carb, high-nutrient diet. Because they have a longer shelf life and don’t include any artificial additives, freeze-dried fruits and vegetables are becoming more and more popular among health-conscious consumers. Because regular use of freeze-dried fruits is associated with a lower risk of numerous diseases, it is a popular choice. Producers are expanding the market by innovating to meet the expectations of this health-focused trend.

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The freeze-dried food market will expand at a CAGR of 6.8% during the forecast period, reaching a value of $54.8 billion by 2032.

The demand for freeze-dried fruits and vegetables is rising as people become more and more aware of the numerous health benefits of a nutrient-rich, organic, and low-carb diet.The lengthy shelf life of freeze-dried fruits, which are prepared without the use of artificial additives or preservatives, is one of the key factors driving the market

Regularly eating freeze-dried fruit can help reduce your risk of getting heart disease, liver cancer, colon cancer, and other illnesses. In an effort to capitalise on the expanding trend, manufacturers of freeze-dried fruits are creating cutting-edge products in response to consumers’ growing health concerns.

Because freeze-dried food contains a variety of fragrant and therapeutic plant components, such as flowers, seeds, stems, leaves, and roots that may deteriorate over time, it is vulnerable to contamination by toxigenic fungus and bacteria.

Some of the herbal plants used to make these dishes, which are powdered mixes, may be dangerous. As a result, there might be increased health risks associated with consuming freeze-dried fruits, which might in some cases restrict market sales.

In an effort to lessen the likelihood of contamination, freeze-dried food producers are paying closer attention to the procedures used in processing frozen fruits and concentrating on a thorough investigation of herbal and aromatic plants.

“Increasing sales of functional foods and dietary supplements in driving the adoption of freeze dried fruits and vegetables in the nutraceuticals sector. In addition to this, manufacturers are striving to achieve optimal processing methods to reduce the chances of contamination within these products, which is expected to steer the growth in the market,” says an FMI analyst.

Key Takeaways:

  1. The global freeze-dried food market is poised for robust growth, projecting a remarkable 6.8% CAGR to reach a substantial value of $54.8 billion by 2032.
  2. Increasing health awareness fuels the demand for nutrient-rich, organic, and low-carb diets, propelling the popularity of freeze-dried fruits and vegetables with extended shelf life among health-conscious consumers.
  3. The surge in freeze-dried food consumption is attributed to its health benefits, including reduced risks of heart disease, liver cancer, colon cancer, and other illnesses, promoting its adoption in the nutraceuticals sector.
  4. The market witnesses advancements in processing methods to address potential contamination concerns, ensuring the production of safe and high-quality freeze-dried products.
  5. Regional insights highlight North America accounting for 25% of the total market share in 2022, and East Asia emerging as a lucrative market, particularly in China, India, and Japan.

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Competitive Landscape

Nestle S.A., Kerry Group Plc, European Freeze Dry, OFD foods LLC, Molda AG, and others are some of the leading freeze dried food market players profiled by FMI.

Manufacturers operating in the global freeze dried food market are adopting various marketing strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaboration to identify the interest of potential buyers and to improve sales. For instance:

  • In 2020, Nestle introduced a simple solution known as “nesQino”. This aids the consumers to personalize their choices of healthy superfood and beverage made from 100% natural ingredients.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global freeze-dried food market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

Global Freeze- Dried Food Market By Category

By Product Type:

  • Fruits
    • Strawberry
    • Raspberry
    • Pineapple
    • Apple
    • Mango
    • Other Fruits
  • Vegetables
    • Carrot
    • Potato
    • Corn
    • Pea
    • Mushroom
    • Other Vegetables
  • Freeze-Dried Dairy Products
  • Freeze-Dried Meat and Seafood
  • Freeze-Dried Pet Food
  • Prepared Meal

By Nature:

  • Organic
  • Conventional

By Form:

  • Powdered
  • Granules
  • Diced

By End Use:

  • Food & Beverages Products
    • Breakfast Cereals
    • Dairy Products
    • Bakery & Confectionery
    • Nutritional Bars & Supplements
    • Powdered Beverages
    • Snacks
  • Retail (household)

By Distribution Channel:

  • B2B
  • B2C
    • Hypermarkets/Supermarkets
    • Convenience Store
    • Specialty Store
    • Food & Drinks Specialty Store
    • Independent Small Grocery Store
    • Online Retail

By Region:

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

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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Handheld Ultrasound Scanners Market Set to Surpass US$ 1.1 Billion by 2032: Projections and Growth Trends

Handheld Ultrasound Scanners Market
Handheld Ultrasound Scanners Market

With the introduction of portable ultrasound scanners, the medical imaging sector has seen a significant transformation recently. A new era of point-of-care diagnostics has begun with these portable devices, which have given medical professionals performing real-time imaging tests remarkable convenience and flexibility. Because handheld ultrasound scanners market sales have the potential to improve patient care in a range of medical contexts, the market for these devices is growing quickly.

The market’s growth trajectory is underpinned by a range of advantages that handheld ultrasound scanners bring to the table. Their compact size, user-friendly interface, and wireless connectivity empower clinicians to conduct quick and targeted ultrasound examinations directly at the patient’s bedside. This immediacy has proven invaluable in emergency situations, critical care scenarios, and even remote or resource-limited areas where access to traditional bulky ultrasound equipment might be restricted.

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Between 2022 and 2032, the global handheld ultrasound scanners market is expected to grow at a 9.1% CAGR, reaching US$ 472.1 Million by the end of 2022. By 2032, sales are expected to exceed a valuation of US$ 1.1 billion. The wired modality is the market leader, with an estimated 83.6% market share in 2021.

Handheld ultrasound scanners are finding applications across a spectrum of medical specialties, further contributing to the market’s expansion. In obstetrics and gynecology, these devices offer the convenience of real-time visualization during pregnancy examinations, facilitating quicker assessments and improved patient interactions. Similarly, in cardiology, handheld ultrasound scanners enable rapid assessments of cardiac function, aiding in early diagnosis and monitoring of heart conditions. Beyond these fields, these devices are proving their worth in orthopedics, primary care, and even veterinary medicine.

One of the driving forces behind the market’s growth is continuous technological innovation. Advancements in miniaturization, imaging sensors, and data processing capabilities have led to handheld ultrasound scanners delivering high-quality images that rival those of traditional larger systems. Moreover, the integration of artificial intelligence and machine learning algorithms is enhancing diagnostic accuracy by assisting clinicians in interpreting images and detecting abnormalities.

While the handheld ultrasound scanners market holds immense promise, it also faces certain challenges. Ensuring adequate training for healthcare professionals to effectively use and interpret the technology is crucial. Additionally, maintaining a balance between portability and image quality remains an ongoing concern for manufacturers.

Looking ahead, the future of the handheld ultrasound scanners market appears promising. As technology continues to evolve, we can expect even more compact and versatile devices that cater to a broader range of medical applications. The democratization of medical imaging through handheld scanners is likely to bridge healthcare disparities and improve patient outcomes across the globe.

Key Takeways :

  1. Portability Redefining Imaging: Handheld ultrasound scanners are revolutionizing medical imaging with their compact design and point-of-care capabilities.
  2. Point-of-Care Convenience: These devices enable real-time imaging at the patient’s bedside, enhancing emergency and critical care diagnostics.
  3. Cross-Specialty Applicability: Handheld scanners find use in diverse fields like obstetrics, cardiology, orthopedics, and primary care.
  4. Technological Advancements: Continuous innovation in miniaturization and AI integration results in high-quality images and improved diagnostic accuracy.
  5. Training for Effective Usage: Adequate training is crucial for healthcare professionals to harness the full potential of handheld ultrasound scanners.
  6. Balancing Portability and Quality: Manufacturers strive to maintain a balance between device portability and image quality.
  7. Future Innovations Await: Anticipate even more compact, versatile devices with expanded medical applications.
  8. Democratizing Medical Imaging: Handheld scanners have the potential to bridge healthcare disparities and improve global patient outcomes.

Competitive Landscape :

The handheld ultrasound scanners market is highly fragmented, with a number of competitors. These companies are implementing various strategies such as mergers and acquisitions, partnerships and collaborations, and new product launches to meet rising consumer demand and expand their customer base.

Following the approval of this innovative wireless device for primary care providers by the United States Food and Drug Administration (FDA), Healcerion launched the SONON 300L handheld ultrasound device in the United States market on June 21, 2021.
Clarius Mobile Health introduced the second-generation series of wireless ultrasound scanners on October 31, 2019, bringing the functionality and image quality of larger systems into a portable, pocket-sized device.

Key Companies Profiled :

  • Clarius Mobile Health
  • Signostics Limited
  • Fujifilm SonoSite, Inc.
  • GE Healthcare
  • Hitachi Ltd.
  • Shenzhen Mindray
  • Koninklijke Philips NV
  • Fukuda Denshi Co. Ltd.
  • Samsung Healthcare
  • Signostics Inc.
  • Sonoscanner SARL
  • Mobisante, Inc.
  • Terason (Teratech corp.)
  • Shenzhen Sunway Medical Device Co., Ltd.
  • Shenzhen WELLD Medical Electronics Co., Ltd.
  • Healcerion, Co., Ltd.
  • Sonostar Technologies Co., Ltd.
  • Xuzhou Palmary Electronics Co., Ltd.
  • DGH Technology, Inc.
  • Caresono Technology CO., Ltd.
  • Shenzhen Landwind Industry Co., Ltd.

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Key Segments Covered in Handheld Ultrasound Scanners Market Report

By Modality:

  • Wired
  • Wireless

By Display:

  • Black & White Display
  • Color Display

By End User:

  • Hospitals
  • Diagnostic Centers
  • Ambulatory Surgical Centers
  • Others

By Region:

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

Author By:

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

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

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

About Future Market Insights (FMI)

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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Microbial Identification Market Forecast Surges Towards a US$ 10.7 Billion Milestone by 2032: Insights and Projections

Microbial Identification Market
Microbial Identification Market

By 2032, the global microbiological identification market sales is predicted to have grown from US$ 3.7 billion in 2022 to US$ 10.7 billion, with a compound annual growth rate (CAGR) of 11.3%. Microbial identification products are in high demand across many end-user industries, including independent research laboratories, food and beverage, water and environment, pharmaceutical and biotechnology, and diagnostic laboratories. This is propelling the growth of the microbial identification market.

Based on product, the bacterial identification systems segment held the largest market share of approximately 28.4% in the global microbial identification market in 2021, and it is expected to maintain this dominance throughout the forecast period.

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These differences are changing the use of microbial identification methods in applied research. Experts from biotechnology industry have expressed that microbial identification will remain pivotal in revolutionizing the field of genomics and DNA sequencing, and will be an integral part of global initiatives such as the Human Microbiome Project.

Report Structure :

The report is comprised of numerous sections that analyse the global microbial identification market through an in-depth approach. An executive summary in the beginning of the report is a brief account of key research findings revealed in the following sections. Regional expansion of the global microbial identification market is highlighted in the executive summary, to give an immediate backdrop of lucrative markets. The report further offers an overview, wherein a formal introduction to the overall microbial identification market is provided. This section also includes the standard definition of microbial identification, and provides the Year-on-Year (Y-o-Y) forecast on the global market for the assessment period.

Key factors influencing the dynamics of microbial identification markets have also been analysed in this section. The report also provides a supply chain breakdown and an analysis on cost structure & pricing of microbial identification systems. The report further reveals key raw material sourcing strategies adopted in the global market. An intensity map exhibiting the presence of microbial identification system manufacturers across global geographies is also offered in the report.

The report encompasses multiple sections that offer segmented analysis on the global microbial identification market. The report has analysed the microbial identification market on the basis of product-type, end-user, application, technology, and region. The report concludes with a detailed profiling of leading players in the global microbial identification market. This section reveals their current market standings, along with an analysis of key undertakings and notable developments of each company being profiled.

Market Taxonomy

Product Type

  • Bacterial Identification Systems
  • Microbial Enumeration Systems
  • Bacterial Resistance Identification Systems
  • Microbiology Analyzers
  • Parasitology Analyzers

End User

  • Pharmaceutical and Biotechnology Industry
  • Food and Beverage Industry
  • Water and Environment Industry
  • Independent Research Laboratories
  • Diagnostic Laboratories
  • Blood Banks

Application

  • Diagnostic Application
  • Environmental Application
  • Food and Beverages Testing
  • Pharmaceutical Application
  • Others

Technology

  • Phenotypic Methods
  • Genotypic Methods

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Author By:

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

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

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

About Future Market Insights (FMI)

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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Ambulatory Surgical Centers Market Surges Toward a Visionary US$ 150.6 Billion by 2033: Growth Trajectory and Analysis

Ambulatory Surgical Centers Market
Ambulatory Surgical Centers Market

The ambulatory surgical centres market size was valued at US$ 96.5 billion in 2023 and is expected to rise at a 4.5% CAGR to reach US$ 150.6 billion by 2033.

The number of ambulatory surgical centres is increasing due to increased demand for inpatient and outpatient care services. The rising costs of healthcare at general hospitals have increased the public’s preference for ASCs for high-quality healthcare services.

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The ASCs offer adequate treatments to cure illnesses, along with providing many facilities including reimbursement policies and insurance options. Thus, providing a cost-effective treatment to patients, lower than the expenses incurred at hospitals.

At ASCs, physicians are in a better position to control expenses and patient experience. By concentrating on one specialty and owning the equipment, it becomes easier for healthcare providers to schedule procedures and run an operating room efficiently. Therefore, more physicians are opening up ASCs to cater to the growing demand for surgical procedures. Going forward, the ambulatory surgical centers market is being governed by the research and development activities initiated by key players for the advancement of the market.

Key Takeaways from the Ambulatory Surgical Centers Market:

  • The U.S. market is predicted to maintain its prominent position over the forecast period as well, and reach US$ 73.5 billion by 2033. The market is predicted to record a CAGR of 4.5% from 2023 to 2033.
  • In Asia Pacific, Japan is estimated to attain US$ 5.7 billion by 2033. The market valuation of Japan is significant than China, which attained US$ 5.3 billion in the same year.
  • However, the growth of the market in China is projected to be 5% CAGR, greater than the 2.4% CAGR estimated for the market in Japan.
  • Over the forecast period, the surgical services segment is projected to emerge as the leading service, recording a CAGR of 4.6%.The
  • Increasing number of ASCs delivering high-quality outpatient surgical care is projected to contribute towards the progress of this segment.

News Featuring Market Developments by Key Players of Ambulatory Surgical Centers:

  • In January 2023, Hudson Medical Center, a US$50 million and 1, 60,000 square foot facility, opened its gates for patients. At the same premises, the first ASC in St. Croix County, named Valley Surgery Center, will also be present. The center will be able to operate about 10,000 surgeries every year, after its commencement.
  • In August 2022, HCA Healthcare, a major healthcare provider in the U.S., announced its acquisition of Stone Oak Surgery Center, in association with 11 physician partners. The latter is a San Antonio-based ASC, authorized by the Centers for Medicare & Medicaid Services (CMS), and offers multispecialty services. With this acquisition, HCA Healthcare will extend its footprint in San Antonio.
  • Earlier, in January 2022, the company had revealed its decision to develop five new hospitals, offering all the necessary services in Texas. With this initiative, the company aims to cater to the rising need for healthcare services in the state.

Key Companies:

  • AmSurg Corp
  • Tenet Healthcare
  • HCA Holdings, Inc.
  • Surgical Care Affiliates, Inc.
  • Surgery Partners
  • Ambulatory Surgical Centers of America
  • Pinnacle III
  • Proliance Surgeons
  • Regent Surgical Health
  • SurgCenter Development

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Ambulatory Surgical Centers Market by Category

By Centers Type:

  • Single Specialty Centers
  • MultiSpecialty Centers

By Modality:

  • Hospital-Based Ambulatory Surgical Center
  • Freestanding Ambulatory Surgical Center

By Services:

  • Diagnostic Services
  • Surgical Services

By Specialty Area:

  • Gastroenterology
  • Ophthalmology
  • Orthopedics
  • Pain/Neurology
  • Urology
  • Dermatology
  • Others

Author By:

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

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

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

About Future Market Insights (FMI)

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

Contact Us:        

Nandini Singh Sawlani   

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

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Smart Pills Technologies Market is gearing up for an impressive upswing is projecting US$ 6176 Million by 2032 and a substantial 21% CAGR | FMI

Smart Pills Technologies Market
Smart Pills Technologies Market

The global smart pill technologies market growth is poised for a remarkable growth trajectory, anticipated to surge at an impressive CAGR of 21% throughout the forecast period, leading to a projected valuation of US$ 6176 Million by 2032 from US$ 627.1 Million in 2020.

This surge in valuation showcases an exponential advancement in healthcare technologies, particularly in the realm of ingestible devices. Smart Pill Technologies, known for their groundbreaking potential in revolutionizing diagnostics and patient monitoring, are expected to witness a substantial rise in demand.

The technology, which involves encapsulating sensors in pill form to aid in diagnosis, monitoring, and drug delivery, has garnered attention due to its non-invasive nature and potential to revolutionize patient care.

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“The projected growth of the Smart Pill Technologies Market signifies a significant leap forward in healthcare innovation. These technologies are poised to reshape how medical professionals diagnose and monitor patients, providing more accurate and real-time insights,” stated an industry expert.

The factors driving this surge encompass the escalating demand for non-invasive diagnostic tools, burgeoning chronic diseases, and the need for remote patient monitoring. Moreover, advancements in technology facilitating real-time data collection and analysis are further propelling the market’s expansion.

The forecast, as predicted by industry analysts at Future Market Insights, underscores the market’s potential to become a key player in the healthcare sector, offering more personalized and efficient patient care solutions.

The report firstly introduced Smart Pill Technologies basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analysed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and Smart Pill Technologies market growth rate and forecast etc.

Key Takeaways from “Smart Pills Technologies Market by 2022 to 2032”

  • The global smart pills technologies market is expected to grow US$ 6176 Million by 2032, at a CAGR of 21%.
  • The market is driven by the increasing prevalence of chronic diseases, the growing need for remote patient monitoring, and the rising adoption of digital health technologies.
  • North America is the largest market for smart pills technologies, followed by Europe and Asia Pacific.
  • The major players in the market include Proteus Digital Health, etectRX, CapsoVision, Medtronic, and Otsuka Pharmaceutical.

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Competitive Analysis:

By Prominent Market Players

CapsoVision, Inc., Given Imaging, Inc., Medimetrics S.A. de C.V., Olympus Corporation, and Bio-Images Research Limited, IntroMedic Inc., Chongqing Jinshan Science & Technology Group Co. Ltd., Proteus Digital Health Inc., Novartis AG, and Philips Healthcare.

With an extensive SWOT analysis, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of each player. The report also includes important data including the sales strategy, pricing strategy, and marketing strategy adopted by these players in the Smart Pill Technologies market.

Key Segments:

By Application:

  • Patient Monitoring
  • Drug Delivery
  • Capsule Endoscopy

By Target Area:

  • Large Intestine
  • Small Intestine
  • Stomach
  • Esophagus

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

Act Now to Explore In-Depth Market Analysis: Purchase Now to Access Strategic Intelligence: https://www.futuremarketinsights.com/checkout/1151

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
LinkedInTwitterBlogs | YouTube