Market Research Blog – Page 3717 – New Product Development

Global Cosmetic Implants Market with a focus on dental implants, is projected to reach a staggering US$ 17.9 Billion by 2032 | FMI Study

The global cosmetic implants market size is estimated to garner US$ 17.9 Billion while exhibiting a 5.8% CAGR by 2032. The growing support from several governments is likely to fuel the market growth in the coming years. The industry is expected to secure US$ 10.2 Billion in 2022.

Increasing expenditure on healthcare, growing awareness about cosmetic procedures, and an increasing number of specialty clinics and ambulatory centres will further expand the size of cosmetic implants market in the future. The growing influence of social media and the rising awareness among individuals about physical appearance drive the growth of the market in the forecasting period.

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As per the analysis, the dental implants segment is anticipated to hold remunerative opportunities for the global cosmetic implants market. Various developing countries are making significant developments in their budgets, thereby, offering lucrative opportunities to players in the market.

Key Takeaways from the Market Study:

Global market for cosmetic implants to nearly double by the end of 2032
By product type, the dental implants segment is expected to record a 5.8% CAGR by 2032
By raw material, the polymer implant segment to expand at a 5.9% growth rate during the forecast period
The U.S market to garner US$ 6.4 Billion and record a 5.5% CAGR from 2022-2032
Market in China to procure US$ 1.3 Billion, expanding at a 5.1% growth rate during the assessment period

“Rising demand for cosmetic procedures & growing technological advancements in the healthcare sector is expected to fuel the demand of cosmetic implants market over the forecast period,” says an analyst at Future Market Insights.

What are the Factors Hampering the Global Cosmetic Implants Market?

Despite the growing popularity of cosmetic implants, various factors are likely to pose a threat to the growth of the cosmetic implants market during the forecast period. The high cost of cosmetic implants and the threat of malfunctioning are some of the prominent factors anticipated to hinder the market’s growth during the forecast period.

Also, high chances of surgical complications, increasing cost of cosmetic surgeries, adverse effects of the cosmetic surgery, and lack of proper healthcare facilities across some developing economies are projected to harm the growth of the Cosmetic Implants Market over the forecast period. Lack of awareness of the operational effectiveness and other benefits of the technologically advanced implant systems restrain the growth of the market.

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Competitive Landscape:

Eminent players of the global cosmetic implants market include –

3M Company
Polytech Health & Aesthetics GmbH
Sientra Inc.
GC Aesthetics Plc.
Danaher Corporation
Dentsply Sirona Inc.
Straumann
Johnson & Johnson
Zimmer Biomet Holdings Inc.
AbbVie Inc.
Cochlear Ltd.
Henry Schein Inc.

Recent Key Developments Among Players Include:

In January 2022 – Sientra, Inc. announced the acquisition of all of the assets related to AuraGen Aesthetic, LLC’s novel fat grafting technology, the AuraGen with AuraClens. The AuraGen system was developed by leading researchers and plastic surgeons. AuraGen’s transformative fat grafting system includes the face, potentially replacing currently available procedures using synthetic fillers with a procedure that uses the patient’s own tissue.
In May 2022, GC Aesthetics®, Inc. announced the launch of an innovative Nipple Areola Complex (NAC). This unrivaled medical device is the answer to a well-known clinical need of thousands of women around the world. Until now, a variety of surgical techniques are used to try to reconstruct the nipple-areola complex with none providing a long-term aesthetic solution.

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Key Segments Covered in the Cosmetic Implants Industry Survey:

Product Type:

Cosmetic Breast Implants
Cosmetic Facial Implants
Cosmetic Dental Implants
Other Cosmetic Implants

Raw Material:

Biomaterial implants in Cosmetic Implants
Metal implants in Cosmetic Implants
Polymers Implants in Cosmetic Implants
Ceramic Implant in Cosmetic Implants

Region:

North America
Europe
APAC
Middle East & Africa
Latin America

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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Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Website: https://www.futuremarketinsights.com
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By 2032, the Private Security Market is Anticipated to Expand at a CAGR of 3.7% | FMI

From 2022 to 2032, the private security industry is expected to expand at a compound annual growth rate (CAGR) of 3.7%. The value of the global private security industry is projected to reach US$ 80,000 million by 2022, from an estimated US$ 115,047.6 million by 2032.

Over the last few years, it is seen that the personal security administrations industry has developed private players at the home just as the passage of global organizations. The most development potential and rise in sorted out play makes this business an alluring business sector.

What is Driving Demand for Personal Security?

The demand for security is continuously increasing in the office, schools, universities, industries etc. Because they keep people away who don’t have a prior relationship or an appointment with the required person. Companies and organizations frequently issue them with an identity card or a badge in order to track and identify them.

As a result, players have a wonderful opportunity to improve their security and increase their position in a competitive market.

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It is seen that modern class families, celebrity, VIP, major witness and a person who have some confidential information can hire a personal security guard. Middle-class families, on the other hand, are concerned about the safety of their homes, children, possessions, and money. However, the Internet of Things (IoT) helped to mitigate these concerns.

Many private security companies provide CCTV, private alarm, emergency flashlight, portable door lock etc. This innovation encourages the customers to take advantage of personal safety devices at an affordable price and also helps the company to launch such products and generate more revenue.

Security and surveillance robots and drones are also provided by players. Individual activities in huge events or programs with enormous crowds, such as sports and music concerts, are extremely difficult to track. As a result, the drone is employed in all of these programs to monitor people’s activities and effectively decrease dangers of violence and public disorder.

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Factors Likely to Augment Personal Security Market

The growing concern of organizations and educational institutes regarding the safety of the employees and students respectively has led to growth in the development and manufacturing of IP-based cameras.

Also many offices and commercial complexes set up systems to avoid unauthorized access in the organization, this further helps the players fulfil the demand of the customers and generate more revenue.

Further, the increasing demand for skilled security and strict enforcement of regulations will play an important role for the company to maintain its position in the market.

Also, the concerns about crime and terrorism, rapid urbanization, low ratio of police to population are some factors that increase the market of private security.

US and Canada Personal Security Market Outlook

The personal security sector is rapidly expanding. Because security is such a crucial aspect of people’s safety in the United States and Canada. Security job includes not only standing and protecting institutions, hospitals, individuals, and businesses, but also intellectual property and information that could be stolen.

The reason behind the growth of the security in the US and Canada are threats from domestic and foreign sources and also a rise in criminal activities. Both violent crime (includes rape, aggravated assault, robbery, gang violence, murder and non-negligent manslaughter), as well as property crime (includes burglary, motor vehicle theft, larceny, arson etc.), are growing in the country.

So there is a good opportunity for the players to expand their service in the region. For instance, the GardaWorld is a private security firm of Canada, providing highly focused business solutions to the citizens, including security services of leading-edge and cash solutions. The company providing its service in more than 500 countries across 45 countries around the world. Their main clients are ABB Libya, L’Oréal, American Red Cross and BMO.

Europe Demand Outlook for Personal Security

In European countries, the demand for personal security is more in the villa house, plot and personal residential home as compare to multistory buildings, flats and apartment tower. Because in the societies and buildings guards are available at the entrance and take a record of every person.

Also, many business people or people who are moving abroad for jobs take help from the personal security company to take care of their families and property. So there is a good opportunity for players to train both male and female to gain customer attention.

Furthermore, many posh people of France and Germany hire personal security to show their standard and royalty. This also helps the company to continue in touch with the royal people and expand their brand value and gain a competitive advantage.

Private Security Company in Europe also supports the national government and EU in developing legislation. For instance, CoEss a security industry in Italy provides its security service in EU Institutions buildings, nuclear plant, national governmental agencies, critical infrastructure facilities, airports, public transport stations and areas, intermodal transport hubs, and institutions (like asylum seekers centres, universities, public hospitals, etc.).

Who are the Key Players of Personal Security?

With the presence of a large key players, the market of private is moderately fragmented. Some of the major key playrs include

Ava Security
Securitas AB
DynCrop
GALLAGHER GROUP LIMITED
G4S Plc.
ADT Inc.
CACI International Inc.
CoEss
Prosegur Compañía de Seguridad SA
EXECUTIVE PROTECTION Inc.
Allied Universal
Hanweiss.com
GardaWorld
Japan Security and Intelligence Corps.
Tops Security Ltd
Kokusai Security Pte Ltd
Control Risks
Loomis AB
The Brink’s Company
Armour Security Pvt Ltd.
Security & Intelligence Services India Ltd.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

The report also maps the qualitative impact of various market factors on market segments and geographies.

Key Segments

By Service:

Manned Guarding
Security Systems
Cash Solutions
Guard Services
Others (Private Investigation)

By End User:

Residential
Industrial
Commercial
Government Institutions

By Region:

North America
US & Canada
Latin America
Brazil, Mexico, Others
Western Europe
EU5
Nordics
Benelux
Eastern Europe
Asia Pacific
Australia and New Zealand (ANZ)
Greater China
India
ASEAN
Rest of Asia Pacific
Japan
Middle East and Africa
GCC Countries
Other Middle East
North Africa
South Africa
Other Africa

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T: +1-845-579-5705
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Global Healthcare Biometrics Market to surge to US$ 20.8 Billion by 2033, with Facial Recognition driving the growth | FMI

As per the latest market insights, the global healthcare biometrics market demand is on an upward trajectory, set to witness significant expansion over the coming decade. Forecasts project a robust Compound Annual Growth Rate (CAGR) of 18.1% during the forecast period, indicating a substantial rise from its estimated value of US$ 3.9 billion in 2023 to a staggering US$ 20.8 billion by 2033.

The burgeoning demand for secure and efficient healthcare solutions, combined with technological advancements in biometric authentication, serves as the primary catalyst for this anticipated growth. Healthcare biometrics offer a secure means of patient identification, ensuring accuracy in records, streamlining access to medical data, and fortifying overall data security measures within the healthcare sector.

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“Biometric technology is revolutionizing healthcare practices by providing enhanced security and convenience,” stated a market analyst. “The anticipated growth signifies a paradigm shift towards advanced authentication methods in the healthcare industry, promoting patient-centric care and bolstering data security standards.”

The rapid adoption of biometric solutions in healthcare facilities worldwide is attributed to the growing emphasis on preventing data breaches, safeguarding patient information, and ensuring the integrity of healthcare systems. Biometrics such as fingerprint recognition, facial recognition, and iris scanning are increasingly becoming integral components of modern healthcare infrastructure.

One of the primary drivers behind the growth of the healthcare biometrics market is the need for enhanced patient safety and data security. Traditional methods of patient identification, such as using ID cards or relying solely on personal information, are prone to errors and can lead to serious medical errors. Biometric authentication, which includes fingerprint scanning, facial recognition, and iris scanning, offers a more reliable and secure means of identifying patients accurately. This not only reduces the risk of medical errors but also safeguards patient data, ensuring compliance with strict healthcare privacy regulations such as HIPAA.

Moreover, the COVID-19 pandemic has accelerated the adoption of biometrics in healthcare. The need for contactless interactions and the rapid shift toward telemedicine have made biometric authentication solutions more crucial than ever. Patients can now access healthcare services remotely while ensuring their identity remains secure, thanks to biometric verification methods.

How are Healthcare Manufacturers Upsurging the Global Market?

Healthcare manufacturers contribute a key role in the upsurge of the global market in various aspects, including:

Advancements in Biometric Technology: Healthcare manufacturers have invested in research and development to improve biometric technology’s accuracy, reliability, and usability in healthcare settings. As biometric technology becomes more advanced and cost-effective, it becomes more feasible for healthcare providers to adopt and implement it for various applications.
Integration with Healthcare Systems: Healthcare manufacturers have been working on integrating biometric solutions with existing healthcare systems, such as electronic health records (EHRs) and patient management systems. Seamless integration enables healthcare providers to use biometrics for patient identification and access control, enhancing patient data security and reducing the risk of medical identity theft.
Enhanced Patient Identity Management: Patient misidentification has been a persistent challenge in the healthcare industry, leading to medical errors and patient safety concerns. Healthcare manufacturers have been developing biometric solutions to accurately and uniquely identify patients, reducing the chances of errors and improving patient identity management.
Compliance with Regulations: Healthcare is heavily regulated, and patient data privacy and security are paramount. Biometric solutions can help healthcare organizations comply with data protection regulations by providing an additional layer of security beyond traditional authentication methods like passwords or PINs.
Remote Patient Monitoring and Telemedicine: With the growth of telemedicine and remote patient monitoring, healthcare manufacturers have been exploring biometric solutions that can be integrated into telehealth platforms. Biometrics can help verify patient identities during virtual consultations, ensuring that only authorized individuals access sensitive medical information.
Wearable Biometric Devices: Healthcare manufacturers have been developing wearable biometric devices to monitor patients’ vital signs and health data in real time. These devices can be used for patient identification, authentication, and continuous health monitoring.
Biometrics for Healthcare Staff: Biometric solutions are used for patient identification and healthcare staff access control. Healthcare manufacturers have created biometric solutions for staff authentication to ensure secure access to restricted areas and sensitive patient data.

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Key Takeaways:

The global healthcare biometrics market is estimated to register a CAGR of 18.1% with a valuation of US$ 20.8 billion by 2033.
The United States is anticipated to dominate the global market by capturing a share of 36.6% by 2033.
Germany is estimated to secure a share of 6.8% in the global market during the forecast period.
With a share of 4.5%, Japan is significantly driving the global market.
Australia is estimated to register a CAGR of 18.2% in the global market by 2033.

Key Player’s Contribution to the Global Market:

Key players play a vital role in the global market through innovations, new ideas, and technologies. These players invest much in research and development activities to improve their high-quality products. These players adopt several marketing strategies, such as collaborations, mergers, and partnerships, to uplift the global market.

NEC Corporation, Fujitsu Limited, 3M Cogent, Inc., Morpho, Imprivata, Inc., Suprema Inc., and others.

Recent Developments in the Global Market are:

In 2022, BiointelliSense announced its newly launched product named BioButton. It is a single charger and wearable device that works for 30 days and detects 20+ signs.

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Key Segments:

By Technology:

Single-factor Authentication
Multi-factor Authentication
Signature Recognition
Voice Recognition
Other Behavioral Recognition
Multi-factor Recognition
Biometrics with PIN
Two-factor Biometrics
Three-factor Biometrics

By Application:

Patient Identification & Tracking
Medical Record Security & Data Center Security
Care Provider Authentication
Home/Remote Patient Monitoring
Pharmacy Dispensing
Others

By End User:

Hospitals & Clinics
Healthcare Institutions
Research & Clinical Laboratories
Respiratory Distress Syndrome

By Region:

North America
Asia Pacific
Europe
Middle East & Africa
Latin America

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Global Home Rehabilitation Services Market is on track for substantial growth, with an anticipated value of US$ 140.5 Billion by 2032

The global home rehabilitation services market is poised for substantial growth, with a projected valuation of US$ 140.5 billion by 2032, according to a recent report by Future Market Insights. The Compound Annual Growth Rate (CAGR) for the sector is estimated at 4.8%, indicating a significant leap from its 2021 value and signaling a robust trajectory for the market over the forecasted period.

The report highlights that the home rehabilitation services market is set to represent nearly 38.0% of the expansive US$ 221.2 billion rehabilitation therapy services market worldwide in 2021. This remarkable growth is attributed to several key factors, including a heightened emphasis on home-based rehabilitation, technological advancements, and an escalating demand for personalized, convenient services.

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Government support and initiatives for home healthcare are on the rise, telerehabilitation and e-health are becoming more widely accepted, and doctors and patients are becoming more aware of the benefits of home rehabilitation services, all of which will lead to even more enticing opportunities for market growth.

“Increasing popularity of telehealth services, along with growing demand for ortho rehabilitation will augment the growth in the market over the assessment period,” says an FMI analyst.

Key Takeaways:

Sales in the ortho rehabilitation segment are forecast to increase at a 5% CAGR over the assessment period.
The U.S. will dominate the North America home rehabilitation services market and held 92.8% of the total market share in 2021.
Demand for home rehabilitation services in China will grow at a 5% CAGR through 2032.
Australia will emerge as a lucrative pocket, with demand growing at a 4.6% CAGR over the forecast period.

Which Factors are restraining the Demand for Home Rehabilitation Services?

Despite the growing scope of services in the developed countries, home tele-rehabilitation services tend to face many challenges across developing economies. Factors such as the lack of physician skills required in e-health, apprehensions associated with data privacy, and the dearth of national e-health policies, will hinder the growth in the home rehabilitation services market.

Most of the healthcare professionals are not well acquainted with the latest information technologies, and also find it difficult to handle modern gadgets. There is a lack of telemedicine experts in many developing countries, which can hamper demand for home rehabilitation services.

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Competition Landscape:

Key service providers are collaborating at all levels of the health system to develop technical, policy, and research capability, as well as increase political commitment and inspire leadership.

Various manufacturers are also utilising modern technologies and supporting simple, low-cost service delivery methods to provide access to rehabilitation in the home and community, which is where it is most needed. For instance:

In late 2020, ReLAB-HS launched a five-year initiative adapted to satisfy the growing need for physical rehabilitation services in low- and middle-income countries.

More Insights into Home Rehabilitation Services Market Report

Future Market Insights brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2032.

The global home rehabilitation services market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on the home rehabilitation services market segment based on By services– (ortho rehabilitation, neuro rehabilitation, cardiopulmonary rehabilitation, geriatric rehabilitation, and others), and across seven major regions.

Key Players:

PTS Rehab
Infinity Rehab
Encompass Health
Synchrony HS
Senior Care Development
Komplex Care UK
Home Rehab Therapists
Smart Rehabilitation
The Biss
Active Care Group
Ascot Rehab

Key Market Segments Covered in Home Rehabilitation Services Industry Research:

By Service Type:

Ortho Rehabilitation
Neuro Rehabilitation
Cardiopulmonary Rehabilitation
Geriatric Rehabilitation
Others

By Region:

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

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Latin America Hand Sanitizer Market is Anticipated to Reach at a 8.6% CAGR by 2032 | FMI

The market for hand sanitizer in Latin America is projected to grow from US$ 709.5 million in 2022 to US$ 1,617.3 million in 2032. It is anticipated that the market will grow at an 8.6% CAGR between 2022 and 2032. 8%–9% of the global hand sanitizer market is accounted for by the Latin American market.

Aloe vera-based natural hand sanitizers are becoming increasingly popular among consumers. These hand sanitizers are simple to make and manufacture as the essential components are widely available in the market and surrounding areas.

Furthermore, hand sanitizers containing plant-based ethanol components are thought to be safer than synthetic solutions, as they are devoid of hazardous chemicals. Synthetic hand sanitizer can cause rashes and allergies, and their chronic usage can lead to serious health problems. As a result, natural hand sanitizer is becoming increasingly popular in Latin America, says FMI.

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In the next decade, companies in the Latin America hand sanitizer market are projected to benefit from increased demand for new and innovative products infused with natural components. Key manufacturers in the region are continuously involved in considerable research and development activities to offer safer products at discounted rates.

Key Takeaways from the Latin America Hand Sanitizer Market Study

Brazil accounts for a share of about ~37.7% in the Latin America hand sanitizer market and is set to exhibit growth at a CAGR of 6.0% during the estimated tenure.
Mexico holds a share of 21.5% in the Latin America hand sanitizer market and is projected to witness growth at a CAGR of 8.4% during the evaluation period.
Columbia is estimated to generate a share of 7.2% in the Latin America hand sanitizer market and is likely to show a CAGR of 10.5% during the assessment period.
By product type, the instant hand sanitizer gels segment holds a considerable share of 75.5% in the Latin America hand sanitizer market.
Based on end use, the institutional segment holds a significant share of 80.4% in the Latin America hand sanitizer market.

“Numerous firms have drastically changed their manufacturing lines to make alcohol-based hand sanitizers in response to the coronavirus outbreak caused by SARS and MERS across Latin America. Furthermore, well-known suppliers of raw materials have expanded their ability to produce ethanol or ethyl alcohol, as well as isopropyl components to enable the production of hand sanitizers across the region,” says a FMI analyst.

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Competitive Landscape: Latin America Hand Sanitizer Market

Leading manufacturers present in the Latin America hand sanitizer market are focusing on aggressive promotional strategies, advertisements, and new product launches to drive sales of their products in the region.

Major players present in the Latin America hand sanitizer market are Himalaya Wellness Company, Reckitt Benckiser Group PLC, Companhia Nacional de Álcool, Procter & Gamble Company., Unilever PLC, The 3M Company, Essity AB, The Clorox Company, Sanofi S.A., and Gojo Industries Inc. among others.

Latin America Hand Sanitizer Market Outlook by Category

By Product Type:

Foaming Hand Sanitizers
Foaming Instant Hand Sanitizers
Instant Hand Sanitizer Gels
Spray Hand Sanitizers

By Active Ingredient:

Ethanol or Ethyl Alcohol
Benzalkonium Chloride
Isopropyl

By Packaging Type:

Flip-Flop Bottles
Pump Bottles
Dispensing Packets
Jars/Cans

By End Use:

Institutional
Household

By Pack Size:

Below 100 ml
101 ml-300 ml
301 ml -500 ml
501 m & Above

By Sales Channel:

Hypermarkets/Supermarkets
Specialty Stores
Multi-Brand Stores
Online Retailers
Other Sales Channel

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Latin American Hand Soap Market is Anticipated to Reach US$ 6,204.9 Million by 2032 at a CAGR of 5.9% | FMI

The hand soap market in Latin America was valued at US$ 3,502.7 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.9% to reach US$ 6,204.9 million by 2032. In the worldwide hand soap market, Latin America accounts for 8%–9% of the total.

The clients can be attracted through the uniqueness of some hand wash market companies that offer a range of dynamic product lines like deodorant and fragrance free, herbal ingredient-based, and other kinds. Moreover, more consumers are chemicals-free organic products with easily recognizable list of ingredients as well as environment-friendly packages to subdue the increasing environmental issues.

Leading manufacturers of the hand soap industry are making various attempts to develop innovative product designs. One such indicator of product design change is the specific shift toward sustainable packaging alternatives.

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Using environmentally friendly packaging reduces greenhouse gas emissions. It also aids in the reduction of waste and the preservation of natural resources for succeeding generations. Companies are introducing environmentally friendly practices to boost sales but also to help to promote the product in the market as green marketing is trending and warmly accepted by the public.

Furthermore, it helps micro manufacturers create a better position in the market and gain a larger market share. Sustainable packaging materials are inexpensive, generic, accessible, and ready to be transformed by innovative design. Before the market becomes saturated, new businesses can capitalize on the increasingly popular notion.

Key Takeaways from the Latin America Hand Soap Market Study

The hand soap market is primarily driven by independent stores and hypermarkets/supermarkets and will account for 44% of overall sales.
Online retailers segment is anticipated to rise at a CAGR of 8.3% during the forecast period in Latin America hand soap market.
In the coming years, Colombia and Peru are likely to emerge as most lucrative markets for hand soaps with more than 9.0% CAGR during the forecast period.
Based on nature, organic segment is expected to witness fastest growth over the upcoming decade

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“Leading manufacturers are focusing in diversifying their product segment by introducing new innovative products based on changing preferences. Furthermore, manufacturers are also focusing on adoption of new technology and quality of raw material to manufacture premium and organic soaps to gain revenue.” Says an FMI analyst.

Who is winning?

Leading manufacturers of Latin America hand soap are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of Latin America hand soap market globally.

Major players present in the Latin America hand soap market are Procter & Gamble Company, Unilever PLC., Henkel AG & Co. KGaA, Reckitt Benckiser Group PLC, Gojo Industry Inc., Vi-Jon Laboratories, Inc., S. C. Johnson & Son, Inc., The Clorox Company, Colgate-Palmolive Company, and Daryza S.A.C., are among others.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global Latin America hand soap market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the Latin America hand soap market based on Product Type (Liquid, Bar and Others), Nature (Natural/Organic and Synthetic), Scent Type (Scented and Un-scented), Application (B2B and B2C) across various countries of Latin America.

Latin America Hand Soap Market by Category

By Product Type:

Liquid
Bar
Others

By Nature:

Natural/Organic
Synthetic

By Scent Type:

Scented
Un-scented

By Application:

B2B
B2C
- Hypermarket/Supermarket
- Wholesalers/Retailers
- Direct Sales
- Specialty Stores
- Online Retailers
- Independent Small Stores
- Other Sales Channel

By Country:

Brazil
Mexico
Costa Rica
Chile
Colombia
Guatemala
Panama
Peru
Rest of Latin America

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Global Foot and Ankle Devices Market is projected to achieve a 5.9% CAGR, potentially reaching US$ 7.8 Billion by 2032 | FMI

Recent projections indicate a robust growth trajectory for the global foot and ankle devices market, and FMI is well-positioned to capitalize on this expanding market. The industry is expected to experience a remarkable Compound Annual Growth Rate (CAGR) of 5.9% between 2022 and 2032, propelling the market value from US$ 4.4 billion in 2022 to an estimated US$ 7.8 billion by 2032.

FMI commitment to innovation and excellence in the field has enabled us to stay ahead of the curve, ensuring that our products align with the latest industry trends and advancements. We are confident that our dedication to quality and customer satisfaction will contribute significantly to our success as the foot and ankle devices market continues to grow.

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With a focus on enhancing patient outcomes and improving the quality of life, FMI is poised to play a pivotal role in shaping the future landscape of the foot and ankle devices industry. We look forward to not only meeting but exceeding the expectations of our customers as we navigate this period of unprecedented growth.

As a leading player in the Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) is prepared to take advantage of this surge in demand for foot and ankle devices. The company has strategically positioned itself to meet the evolving needs of the market.

Foot and Ankle Devices Market Outlook:

The foot and ankle devices market is a segment of the global medical devices industry that focuses on the diagnosis, treatment, and rehabilitation of foot and ankle disorders. This market includes a wide range of products designed to address various conditions, such as fractures, arthritis, sports injuries, diabetic foot ulcers, and deformities.

Increasing Incidence of Foot and Ankle Disorders: The prevalence of foot and ankle disorders, including conditions like osteoarthritis, plantar fasciitis, Achilles tendinitis, and bunions, is on the rise. Factors such as sedentary lifestyles, obesity, sports-related injuries, and the aging population contribute to the increasing incidence of these conditions, thereby driving the demand for foot and ankle devices.
Technological Advancements: The foot and ankle devices market is witnessing significant technological advancements, leading to the development of more effective and patient-friendly devices. Advanced materials, such as titanium and biocompatible polymers, are being used to create implants with improved durability and compatibility. Additionally, the integration of robotics, computer-assisted navigation systems, and minimally invasive surgical techniques is enhancing the precision and outcomes of foot and ankle procedures.
Rising Demand for Non-Surgical Treatment Options: There is a growing demand for non-surgical treatment options in the foot and ankle devices market. Patients are increasingly seeking conservative treatment methods, such as orthotic devices, braces, and physiotherapy, to manage their foot and ankle conditions. This trend is driven by a desire to avoid surgery, minimize recovery time, and reduce healthcare costs.

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Key Takeaways:

The foot and ankle devices market is a segment of the medical device industry that focuses on products designed to diagnose, treat, and provide support for foot and ankle conditions and injuries. Here are some key takeaways regarding the foot and ankle devices market:

Market Growth: The foot and ankle devices market has been experiencing steady growth in recent years. This can be attributed to various factors such as an increase in the prevalence of foot and ankle disorders, a growing aging population, and advancements in technology and treatment options.
Product Categories: The market encompasses a wide range of products, including orthopedic implants, braces and supports, prosthetics, and orthotics. These devices are designed to address conditions like fractures, arthritis, bunions, plantar fasciitis, and sports injuries.
Orthopedic Implants: Orthopedic implants, such as plates, screws, and joint replacements, are commonly used in foot and ankle surgeries to stabilize fractures, correct deformities, and replace damaged joints. These implants are usually made from materials like titanium or stainless steel.
Braces and Supports: Braces and supports provide external stabilization and help in the healing process of various foot and ankle conditions. They can range from simple splints and braces to more advanced devices that offer adjustable support and protection.

Competitive Landscape:

Key Players

Stryker Corporation
Zimmer Biomet Holdings, Inc.
Smith & Nephew plc
Arthrex Inc
Integra LifeSciences Holdings Corporation

Key Segments:

By Product:

Orthopedic Implants and Devices
- Joint Implants
  - Ankle Implants
  - Subtalar Joint Implants
  - Phalangeal Implants
- Fixation Devices
  - Internal Fixation Devices
  - External Fixation Devices
- Soft Tissue Orthopedic Devices
  - Musculoskeletal Reinforcement Devices
  - Artificial Tendons & Ligaments
Bracing and Support Devices
- Soft Bracing & Support Devices
- Hinged Braces & Support Devices
- Hard Braces & Support Devices
Prostheses
- Solid Ankle Cushion Heel Prostheses
- Single-Axial Prostheses
- Multiaxial Prostheses
- Dynamic Response
- Microprocessor-Controlled Prostheses

By Application:

Trauma & Hairline Fractures
Rheumatoid Arthritis & Osteoarthritis
Diabetic Foot Diseases
Ligament Injuries
Neurological Disorders
Hammertoe
Others

By End User:

Hospitals
Ambulatory Surgery Centers
Orthopedic Clinics
Rehabilitation Centers

By Region:

North America
Latin America
Europe
Middle East & Africa
Asia Pacific

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Dive Computer Market is Anticipated to Increase at a 5.7% CAGR to Reach US$ 1,109.3 Million by 2032 | FMI

The global dive computer market is anticipated to develop at a 5.7% CAGR from 2022 to 2032, valued at US$ 634.7 million in 2022 and US$ 1,109.3 million by 2032. The market share of dive computers in the worldwide dive equipment market ranges from 21% to 26%.

In addition, a lot of diving computer companies are focusing on portfolio expansion and innovation to increase market share.

Additionally, they provide a variety of diving computer devices according to their features, which include enriched air compatibility, low battery warning, ascension rate, depth measurement, time locater, and prior dive information.

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For instance, leading manufacturer of dive instruments ‘Suunto’ has made a partnership with Swedish start-up company ‘3ngage’, to manufacture a 3-Dimension diving computer products which is very useful for all types of divers and helps to measure depth and time in water.

Further, companies have the opportunity to motivate consumers to pay more for brands, products, and other company services after developing new diving computer technologies and products and focusing on premiumization.

Consumers prefer to pay a high value for a product with advanced and unique features, therefore many firms begin to follow this trend and heavily spend in research and development in order to create and invent new goods and make them a premium product at a competitive price.

Key Takeaways from the Dive Computer Market Study

In terms of mode of sales channel, direct sales has the most market share and is expected to be the fastest expanding sales channel.
In terms of product type, wrist dive computer is expected to be witness fastest growth over the upcoming decade.
AMOLED display type is the most preferred dive computer in the market.

“Leading manufacturers in the global diving computer market are increasing their R&D efforts in order to extend their product range and improve technology. Also, leading businesses are focusing on new potential markets in order to grow their consumer base and establish a stronger global presence, “Says an FMI analyst.

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Who is winning?

Leading dive computer manufacturer are focusing on aggressive promotional techniques, commercials, and new product launches to boost dive computer sales growth globally.

Major players present in the dive computer market are Garmin Ltd., Johnson Outdoors Inc., Aqua Lung International, Poseidon Diving System AB, Suunto Oy, Mares, Oceanic, Shearwater Research Inc., Sherwood Scuba LLC., and Atomic Aquatics among others.

Global Dive Computer Market by Category

By Product Type:

Wrist Dive Computers
Console Dive Computers
Air Integrated Dive Computers
Others

By Display Type:

AMOLED Display
MIP Display

By End User:

Beginner/ New Diver
Casual Diver
Active Diver
Advanced/ Professional Diver

By Price Range:

High Range
Mid– range
Low Range

By Sales Channel:

Direct Sales
Hypermarkets/ Supermarkets
Specialty Retail Stores
Online Retailers
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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Market for Paint Ingredients Is Expected to Reach US$ 2,230 Million by 2032 | FMI

The market for paint ingredients is expected to grow at a compound annual growth rate (CAGR) of 3.2% and reach US$ 2,230 million in 2032. In 2022, the market is projected to be worth US$ 1,630 million. Eco-friendly paints are getting more and more popular because of their odourless qualities and reduced environmental effect.

The expansion of the market is linked to their smell-free qualities and also the fact that these paints limit the amount of environmental pollution, eco-friendly paints are becoming progressively preferred nowadays. Customers are noticing to buy eco-products because of their popularity and regard it as a vital factor in market growth.

Paint manufacturing is one such industry that relies on automatic control technologies. When it comes to the paint industry, the composition of the paint holds the utmost importance. A wide range of methods is being employed in order to overcome this particular problem. Earlier, painting composition was done manually but sometimes didn’t meet the required color. In order to solve the manual paint composition problem, automatic paint preparation techniques are employed.

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Paint mixers are expected to account for a reasonable market share in the near future since FMCG companies in India China, and Singapore continue to expand their operations in these countries. The market is also anticipated to be benefitted from surging industrialization, increasing government infrastructure spending, and increased foreign direct investment.

Owing a wide array of smart dispensing solutions is making it hard to select the perfect paint mixing machine. While making a decision to invest in automatic ingredients, it is imperative to consider a few crucial parameters, incorporating the growth plan, customer requirements, enterprise outcomes, and the total cost of ownership. Paint ingredients are utilized for the efficient mixing of different colors of paint in an accurate proportion, based on various formulas.

A professional painter, a DIYer, or any other end user uses the product after mixing it for painting. With people around the world changing the aesthetics of their homes, offices, and other establishments at a rapid pace, the world of interior design and décor is growing at an incredible rate. With the emergence of modern paint ingredients, users can easily customize the exact color of their space with paint. Paint is considered a brilliant way to transform a space’s visual appeal.

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Key Takeaways

Paint mixers are considered to be one of the most profitable businesses at present. Several aspects of the economy require a massive amount of paint. In addition to that, the surging technological advancements have led to the innovation of products such as automatic paint mixers, and other products are expected to boost future growth.
Over recent years, the popularity of eco-friendly paints has gained immense traction because of their odorless qualities and lower negative environmental impact. The market is rapidly growing as consumers become more conscious about their surroundings. With increasing technological advancements, automatic paint mixers have been developed to reduce labor and worker intervention in paint mixing. In the newly developed and advanced automatic mixer, powders and pigments are blended with polyurethane, epoxy, polyester, and acrylic resins without the presence of any air.
Owing to the surge in DIY projects along with rising experimentation with paints have often been driven by rising social media trends. This has resulted in supporting the growth of the market for paint ingredients. Several users are experimenting with unique color combinations, textures, and even scents that can be incorporated into their paint with effective paint Ingredients.
Moreover, the market is expected to benefit from the rising consumption of automotive, construction, and general industrial products. Countries with rising urbanization and industrialization such as India, China, and Southeast Asia, are expected to see a rapid rise in the demand for products in various applications.

Competitive Landscape

Key market players are focusing on rising technological advancements and adopting various strategies like acquisitions and mergers, research and developments to gain an edge over the market.

More Insights into the Paint Ingredient Market

According to the FMI estimations, North America is anticipated to dominate the global paint ingredient market as the region is expected to account for a total of 22% of the global market share in 2022. Due to the presence of several prominent market players in the region, the market is expected to prosper in the region.

Key Segments Profiled in the Global Paint Ingredient Market

Paint Ingredient Market by Product Type:

Automatic Paint Ingredient Mixer
Manual Paint Ingredient Mixer
Semi-Automatic Paint Ingredient Mixer

Paint Ingredient Market by Application:

Paint Ingredient for House Decoration
Paint Ingredient for Paint Manufacturer
Paint Ingredient for Paint Users
Paint Ingredient for Other Applications

Paint Ingredient Market by Material:

Wood-based Paint Ingredients
Metal-based Paint Ingredients
Steel-based Paint Ingredients
Plastic-based Paint Ingredients
Other Materials-based -based Paint Ingredients

Paint Ingredient Market by Sales Channel:

Paint Ingredient Sales via Hypermarkets/Supermarkets
Paint Ingredient Sales via Departmental Stores
Paint Ingredient Sales via Convenience Stores
Paint Ingredient Sales via Specialty Stores
Direct Paint Ingredient Sales
Paint Ingredient Sales via Online Retailing
Paint Ingredient Sales via Other Sales Channels

Paint Ingredient Market by Region:

North America Paint Ingredient Market
Latin America Paint Ingredient Market
Europe Paint Ingredient Market
Asia Pacific Paint Ingredient Market
Middle East & Africa Paint Ingredient Market

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Global Breast Lesion Localization Market is set to maintain a US$ 382 million by 2032, emphasizing the continual impact of advancements | FMI

The global breast lesion localization market growth is anticipated to grow at a 4.1% CAGR through 2032, from a market size of US$ 256 million in 2022 to US$ 382 million by 2032, according to the FMI report. The government is investing more money in research and development of therapies and services, enhancing the healthcare system, and promoting early diagnosis, which is leading to an increase in the prevalence of breast cancer and a burgeoning Breast Lesion Localization Market.

The most prevalent malignancy, breast cancer, is becoming more and more prevalent, and its numerous diagnosis options, including early detection and screening, are promoting the expansion of the breast lesion localization market. The early detection, screening, and treatment of breast cancer based on that diagnosis have significantly increased the breast lesion localization market. Breast cancer is the second-leading cause of cancer-related deaths among women globally.

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Digital monitoring, integrated healthcare platforms, and artificial intelligence are examples of modern technology that has contributed in the growth and development of the healthcare and diagnosis industries. Government measures that also fund various sorts of diagnostic, therapeutic, and screening methods are driving increasing demand for breast lesion localization. These programmes help doctors and patients understand the state of the patient’s condition.

The high price range of current systems, newer, less expensive system alternatives, poorer awareness, and incompetent healthcare workers who need training and upskilling are the main factors limiting the market for Breast lesion localisation. Lack of qualified oncologists and ambiguous FDA permissions, such as nuclear regulatory clearance, limit the ability to localise breast lesions.

Key Takeaways:

United States thrives at a CAGR of 3.9% between 2022-2032 and is expected to hold a market revenue of US$ 136 Million by the end of 2032.
Increasing breast cancer cases coupled with advanced diagnosis options while upgrading the healthcare system and their integration with latest technology like AI and IOT are fueling the growth in this region.
Breast Biopsy segment is the largest segment by the usage type and will hold the biggest portion of the market in the forecast period, thriving at CAGR of 3.5% through 2032. The growth of segments is attributed to easy removal and short time span and lower post-surgery impacts than the lumpectomy.
The UK, being the highest growing market globally, will hold US$ 18.2 Million by the end of 2032 as it thrives on a promising CAGR of 4.4% between 2022-2032

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Competitive Landscape:

Some of the breast lesion localization market competitors listed in the FMI’s study on Breast lesion localization market are Hologic Inc, Becton, Dickinson and Company, Merit Medical System, Leica Biosystems, Nussloch GmbH and Argon Medical Devices.

Recent Developments:

Hologic Inc has introduced LOCalizer, the wire-free breast lesion system that is designed to mark and guide non-palpable breast lesions using a miniature. This innovative technology pushes the market and increases the demand for breast lesion localization processes.
CMerit Oncology has upgraded its scout radar localization that helps in reducing the OR delays and targets the affected tissue and points it out, easing the surgery processes.

Key Segments:

By Type:

Wire Localization
Radioisotope Localization
Magnetic Localization
Electromagnetic Localization

By Usage:

Breast Biopsy
Breast Conservation (Lumpectomy)

By Region:

United States
United Kingdom
China
Japan
South Korea

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