Fueling Fitness: Exploring the Rapid Growth of the Global Pre-workout Supplements Market to Reach US$ 36.9 Billion by 2033 | FMI

pre-workout supplements market
pre-workout supplements market

The global pre-workout supplements market size is estimated to surpass a valuation of US$ 20,154 million in 2023. It is likely to reach a valuation of US$ 36,905.8 million by 2033. The market is foreseen to record a striking CAGR of 7.5% from 2023 to 2033.

It is projected that the market will grow as consumer preferences for nutrient-dense foods and awareness of the benefits of fitness and health improve. The rise in consumer spending on wholesome meals is driving the release of new pre-workout supplements. In an effort to capitalise on the expanding trend of health and wellbeing, numerous global corporations are expanding into new regions. This is anticipated to benefit the pre-workout supplement market globally.

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The expansion of leading players’ R&D efforts is also anticipated to accelerate market expansion. Market growth is predicted to be fueled by the increased popularity of clean-label products and the movement towards sustainability. Home exercise is becoming more and more popular, which expands business potential. Pre-workout supplement sales are projected to increase due to the home workout trend and the lack of free time caused by busy work and personal schedules.

Both dry and wet pre-workout supplements are available. Customers strongly choose dry pre-workout pills for a variety of reasons, with convenience being the most important one. There are several various pack sizes, flavours, and ingredients for dry pre-workout supplements. Both eating and storing them are simple. Additionally, they last longer on the shelf than moist pre-workout vitamins. These elements increase pre-workout supplement need. They are also convenient to transport, which increases their overall demand and fosters the expansion of the global market.

Key Takeaways from the Market:

  • In 2018, the global market size stood at US$ 17,410.6 million.
  • The market accounted for US$ 19,739.24 million in 2022.
  • The market developed at a CAGR of 3.2% from 2018 to 2022.
  • In 2022, the ready-to-drink segment captured 53.6% shares in the global market.
  • The offline sales channel segment captured a 63.9% market share in 2022.
  • The United States pre-workout supplements market captured nearly 24.1% of the global pre-workout supplements market share in 2022.
  • The Indian market in pre-workout supplements garnered nearly 5.6% of the global market share in 2022.
  • The United Kingdom captured 7.6% of the global pre-workout supplements market shares in 2022.

Recent Developments Observed by FMI:

  • RSP Nutrition introduced AminoLean MAX, their newest pre-workout supplement, in June 2022. The new supplement provides better attention, energy, and pump.
  • In May 2022, GNC introduced the ZOA+ pre-workout supplement. High-quality components are used in the production of the new pre-workout pill to provide improved performance.
  • Pre JYM, a brand-new pre-workout supplement for elite athletes and fitness lovers, was introduced by GNC in April 2022.
  • GNC debuted Concept X under the Beyond Raw brand. In it, 16 ingredients make up the new pre-workout pill, which provides greater energy, strength, concentration, pumps, and muscular pain assistance.

Key Players in the Global Pre-workout Supplements Industry

  • MusclePharm Corporation
  • Nutrabolt Corporation
  • BPI Sports LLC
  • Magnum Nutraceuticals
  • GAT Sport
  • Nutrex Research Inc.
  • Beast Sports Nutrition
  • SynTech Nutrition (Medix Laboratories NV)
  • EFX Sports
  • ALLMAX Nutrition Inc.

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Market Segmentation

By Form:

  • Powder
  • Ready-to-drink
  • Capsule/Tablets

By Sales Channel:

  • Offline Sales Channel
    • Supermarkets/Hypermarkets
    • Departmental Stores
    • Convenience Store
    • Other Sales Channel
  • Online Sales Channel
    • Company Website
    • E-commerce Platform

By Region:

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

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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Tipping Foils Market: Exhibiting Growth at a CAGR of Nearly 2% to 3% by 2032 – Exploring Industry Trends, Innovations, and Market Dynamics in Packaging Solutions

Tipping Foils Market

During the forecast period from 2022 to 2032, the global tipping foils market is projected to demonstrate moderate growth, with an estimated Compound Annual Growth Rate (CAGR) ranging between 2% to 3%. This growth is attributed to factors such as the increasing demand for premium packaging solutions in various industries, including cosmetics, tobacco, and food & beverage. Additionally, advancements in printing technologies and rising consumer preference for aesthetically appealing packaging are driving the adoption of tipping foils. As a result, manufacturers and stakeholders in the tipping foils market are expected to witness promising opportunities for expansion and innovation.

In Western Europe, the tipping foils market is set to capture a considerable share of the global market during the forecast period. The ongoing trend of digitalization in Western Europe is leading to a significant shift in consumer preferences, particularly towards online shopping. This shift is driving various clothing brands to launch membership and loyalty cards with enticing offers and discounts to expand their customer base. For example, Zara, a prominent Spanish clothing chain store, recently introduced exclusive membership cards with attractive benefits, birthday discounts, and offers for members. These cards are embossed with tipping foils to enhance their personalization and visual appeal, further fueling demand in the Western Europe market.

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Market Drivers:

  1. Growth in Packaging Industry: The rising demand for packaged goods, driven by urbanization, changing consumer lifestyles, and e-commerce trends, is a significant driver for the tipping foils market. Tipping foils are extensively used in packaging applications for enhancing product aesthetics.
  2. Technological Advancements: Continuous advancements in printing and packaging technologies have led to the development of innovative foiling techniques and materials, driving the demand for tipping foils.
  3. Increasing Disposable Income: As disposable incomes rise, consumers are increasingly inclined towards premium and aesthetically appealing products, which fuels the demand for packaging solutions employing tipping foils for enhanced visual appeal.
  4. Brand Differentiation: Brands are constantly seeking ways to stand out in the market and differentiate their products. Tipping foils offer a visually striking way to achieve product differentiation and branding, thereby driving their adoption.
  5. Environmental Sustainability: Growing awareness about environmental sustainability has led to the development of eco-friendly tipping foil solutions. The shift towards sustainable packaging materials and practices is likely to drive the adoption of eco-friendly tipping foils.

Market Restraints:

  1. Cost Constraints: Tipping foils can be relatively expensive compared to other decorative techniques, posing a challenge, especially for small and medium-sized enterprises (SMEs) with limited budgets.
  2. Volatility in Raw Material Prices: Fluctuations in raw material prices, such as metallic pigments and substrates used in tipping foils, can impact the overall cost structure for manufacturers and, in turn, affect market growth.
  3. Regulatory Compliance: Compliance with stringent regulations concerning packaging materials, especially regarding the use of certain chemicals and heavy metals in foils, can pose challenges for manufacturers, impacting market growth.
  4. Competition from Substitutes: Tipping foils face competition from alternative decorative techniques such as embossing, varnishing, and digital printing, which offer similar effects and may be preferred based on cost or application requirements.
  5. Limited Application Scope: While tipping foils find extensive use in certain applications such as luxury packaging, their adoption may be limited in industries where cost is a primary concern or where alternative decorative techniques are more suitable.

The Key Players Are:

  • Caxton Mark
  • Tavani Oy
  • Kurz.De
  • Capture Technologies
  • Kede
  • ITW Card Technologies
  • Peak-Ryzex
  • Zetatrade
  • QuickLabel
  • KROY LLC
  • Barcodes
  • Quipu
  • BRADY
  • IIMAK
  • Zebra

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Key Segments Profiled in the Tipping Foils Market Survey

By Product Type:

  • Paper
  • Plastic

By Application:

  • Label Printer
  • Card Printer

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia-Pacific Excluding Japan (APEJ)
  • Japan
  • Middle East and 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.

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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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Wholesome Health Trends: Navigating the Surging Microparticulated Whey Protein Market Set to Reach US$ 376.7 Million by 2033

 

Microparticulated Whey Protein market 
Microparticulated Whey Protein market

Microparticulated Whey Protein market  Whey Protein’s Surge to US$ 376.7 Million by 2033 Fueled by Health Trends, Functional Demand, and Advanced Processing Technology

Because microparticulated whey protein has so many applications in the food and beverage industry, the market for it is growing quickly. A growing number of formulations are using microparticulated whey protein in response to consumer demand for goods that are both functional and nutritious. The market is growing as a result of advances in processing technology and growing health consciousness.

The market for microparticulated whey protein is growing quickly as a result of rising consumer demand for healthy, functional goods and developments in technology. Valued at US$ 165.0 million in 2023, it is projected to grow at a noteworthy 8.3% CAGR to reach US$ 376.7 million by 2033. Drinks that are ready to drink are important; by 2033, they are expected to account for 34.4% of the market.

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According to Future Market Insights (FMI), the global Microparticulated Whey Protein Market is valued at US$ 165.0 million in 2023. It is estimated to reach US$ 376.7 million by 2033. Sales are likely to grow at a CAGR of 8.3% from 2023 to 2033.

The fact that ready-to-drink beverages account for a sizable share of the worldwide industry is remarkable. By 2033, it is projected to have a 34.4% market share.

Ready-to-drink beverages have become more and more popular in the current era as people lead busier lifestyles because of its portability and convenience. Customers can try out cutting-edge flavourings, such carbonation, and package designs when they buy these beverages.

Within the category of ready-to-drink beverages, both refrigerated and shelf-stable beverages are included. The demand for shelf-stable products is high as they are easy to store and distribute.

Growing demand for sports nutritional supplements is expected to provide favorable opportunities for manufacturers. This is due to microparticulated whey protein’s availability, amino profile, and digestibility.

Increasing demand for healthy and functional food products is also likely to stimulate market demand. Consumers are becoming health conscious and are actively seeking products that offer nutritional benefits. As it contains amino acids and high protein content, it also enhances texture and sensory attributes.

Changing consumer behavior, with a significant percentage seeking low-fat and high-protein food options, is driving the demand for microparticulated whey protein as a replacement for high-fat ingredients.

Increasing adoption of microparticulated whey protein as a texturizing and emulsifying agent in various food formations will drive demand. It provides excellent water-binding capabilities and can contribute to improving texture, velocity, and stability. These properties make it highly valuable for applications such as meat products, sauces, dressings, and desserts.

This trend is also prompting packaged food companies to incorporate functional ingredients to enhance their product labels and maintain their competitive edge.

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Key Takeaways from the Microparticulated Whey Protein Market Report:

  • The global market for microparticulated whey protein is anticipated to reach US$ 376.7 million by 2033.
  • The United States is likely to expand at 0% CAGR between 2023 and 2033.
  • Germany is likely to dominate Europe market for microparticulated whey protein and hold a valuation of US$ 38.2 million by 2033.
  • In terms of application, the ready-to-drink beverages segment accounts for a dominant share of 0% of the total market by 2033.
  • By form, powder segment is expected to hold a significant market share of 6% of the total microparticulated whey protein industry in 2023.

“Rising demand for sports nutrition and healthy food products globally will fuel sales. Therefore, manufacturers need to need to develop products with novel features to stay competitive. Advent of processes like microencapsulation will likely reduce operating costs and increase efficiency for manufacturers.” – says a lead analyst at Future Market Insights (FMI)

Who is Winning?

CPKelco- SIMPLESSE®, Arla Foods Ingredients, Sure Protein WPC550 (NZMP), MILEI GmbH, Carbery, Leprino Foods, Makers Nutrition, LLC, Fonterra, Nutra Solutions and Others are key players in the microparticulated whey protein industry

Key players are developing microparticulated whey protein products with unique properties, enhanced functionalities and improved technologies. They are also investing in research and development to create new formulation and explore novel applications.

Key manufacturers are also implementing quality control measures, conduct regular testing and analysis to obtain necessary certifications.

For instance,

  • In May 2021, Arla Foods Ingredients launched a new range of microparticulate whey protein ingredients. These are designed to use in low-pH beverages, such as energy drinks and fruit juices.
  • In February 2021, Glanbia plc announced a partnership with a German start-up, Ingredient Insights GmbH, to develop new plant-based protein ingredients. It includes microparticulate whey protein, for use in food and beverage products.
  • In November 2020, Hilmar Ingredients announced the launch of its new microparticulate whey protein concentrate. It is designed to provide enhanced texture and stability in a variety of food and beverage products.

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global microparticulated whey protein industry presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

Microparticulated whey protein industry is segmented by application (ready-to-drink beverages, functional beverages, baked goods, confectionery, snacks and cereals, dairy (cheese/processed cheese and yogurt), coffee creamer, nutritional products, sports nutrition, medical nutrition (infant nutrition and frozen desserts), margarine, fat based condiments), by form (powder and liquid) and by region for 2023 to 2033

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Microparticulated Whey Protein Market by Category

By Application:

  • Ready-to-drink Beverages
  • Functional Beverages
  • Baked Goods
  • Confectionery
  • Snacks and Cereals
  • Dairy
    • Cheese/Processed Cheese
    • Yogurt
  • Coffee Creamer
  • Nutritional Products
    • Sports Nutrition
    • Medical Nutrition
    • Infant Nutrition
  • Frozen Desserts
  • Spreads
  • Margarine
  • Fat Based Condiments

By Form:

  • Powder
  • Liquid

By Region:

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

About the Food & Beverage Division at Future Market Insights (FMI)

FMI’s Food & Beverage team offers comprehensive business intelligence services, with a vast array of reports and data points analyzed across 50+ countries over a decade. The team provides consulting services and end-to-end research, offering expert analysis, actionable insights, and strategic recommendations to clients worldwide. Contact them to explore how they can assist with your unique business intelligence needs.

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Global Robotic Wheelchairs Market is forecasted to reach US$ 377.4 Million by 2032 according to FMI’s estimates

Robotic Wheelchairs Market
Robotic Wheelchairs Market

The global robotic wheelchairs market demand is set to experience a substantial upswing, with a projected Compound Annual Growth Rate (CAGR) of 11.5% from 2022 to 2032. According to the latest market research, the industry is anticipated to surpass the US$ 127.1 Million mark in 2022, reaching an unprecedented value of approximately US$ 377.4 million by 2032.

This remarkable growth trajectory is attributed to the increasing adoption of robotic wheelchair technology worldwide. As societies strive for inclusivity and improved accessibility, the demand for advanced mobility solutions has witnessed a significant surge. Robotic wheelchairs, with their cutting-edge features and enhanced maneuverability, are emerging as a transformative solution for individuals with mobility challenges.

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The surge in market value reflects an evolving landscape of technological advancements, emphasizing the integration of robotics, AI-driven controls, and enhanced navigational capabilities within wheelchair designs. These innovations are set to redefine the traditional concepts of mobility aids, offering greater autonomy and efficiency for users.

Key Takeaways from Market Study:

  • By wheelchair, the mid-wheel drive type is expected to hold a 45.0% market value share in 2021, and is expected to display a CAGR growth of 9.3% over the forecast period.
  • The personal use application is leading with 69.0% of the market share in 2021 and is expected to register a CAGR of 10% by the end of 2032.
  • By distribution channel, home care settings hold a higher share of 53% in the robotic wheelchair market in 2021.
  • North America is slated to be the leading region with a value share of 36.4% in 2021 owing to rising geriatric population along with the high demand for smart wheelchairs and early adoption of the technologically advanced product.

“With surging adoption of power wheelchairs for mobility assistance, the robotic wheelchair market is expected to witness an advancement over the forecast period,” says an analyst of Future Market Insights.

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Leading Companies Profiled in Robotic Wheelchair Market are:

  • Sunrise Medical LLC
  • WHILL Inc
  • Permobil
  • MEYRA GmbH
  • Matia Robotics, Inc.
  • Karman Healthcare, Inc.
  • UPnRIDE Robotics Ltd.
  • Ottobock
  • Centaur Robotics.
  • tmsuk co., ltd (Rodem)
  • Nino Robotics.
  • Kinova Inc.
  • Cyberworks Robotics

Market Competition:

Acquisitions, expansion, development of an extensive product pipeline and product launches are the key strategies adopted by manufacturers and integrators to increase the consumer base in different geographies.

  • In March 2022, Kinnova Inc. launched Link 6, a new generation industrial robot arm for enabling greater efficiency of daily tasks. This is Canada’s first industrial collaborative robot.
  • In February 2020, Sunrise Medical acquires Oracing in order to offer suitable products to cater to large audience requirements in the faster-growing market.
  • In December 2019, Renault and Nino Robotics signed a new partnership with an aim to change the perception of transport solutions for people suffering from mobility issues.

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Key Market Segments Covered In Robotic Wheelchair Industry Research:

By Wheelchairs:

  • Rear-Wheel Drive
  • Front-Wheel Drive
  • Mid-Wheel Drive

By Application:

  • Personal Use
  • Commercial Use

By Distribution Channel:

  • Home Care Settings
  • Rehabilitation Centers
  • Online Sales Channel
  • Others

By Region:

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

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.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Global HIV Diagnostics Market is poised for remarkable growth, expected to hit US$ 6.4 Billion by 2032, boasting a stable CAGR of 7.9%, according to FMI

HIV Diagnostics Market
HIV Diagnostics Market

The global HIV diagnostics industry demand is on the verge of a monumental surge, as projected by Future Market Insights’ latest report. Foreseeing a trajectory from US$ 3.0 billion in 2022 to an estimated US$ 6.4 billion by 2032, this sector is anticipated to sustain an impressive compound annual growth rate (CAGR) of 7.9% over the next decade.

The HIV diagnostics market has consistently demonstrated resilience and innovation, catering to the global health landscape by providing advanced diagnostic tools and techniques. The projected growth signifies a pivotal evolution in healthcare solutions, driven by advancements in technology, increased accessibility to testing, and heightened awareness initiatives.

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This surge is underpinned by a concerted effort from stakeholders, including healthcare providers, diagnostic manufacturers, policymakers, and advocacy groups, all dedicated to amplifying the accessibility and accuracy of HIV diagnostics worldwide.

The comprehensive growth projected for the HIV diagnostics market underscores the critical role these advancements play in curbing the spread of HIV/AIDS and ensuring timely interventions for those affected. As testing becomes more accessible and advanced, it facilitates early detection, enabling prompt medical interventions and comprehensive care strategies.

This significant expansion in the HIV diagnostics market not only underlines progress in healthcare but also presents an opportunity for continued collaboration and investment within the industry. Innovations in testing methodologies, point-of-care diagnostics, and accessibility improvements are expected to be key focal points driving this growth.

Stakeholders across the healthcare spectrum are encouraged to harness this momentum, fostering collaborations, research endeavors, and advancements that will further revolutionize the landscape of HIV diagnostics. As the market continues to burgeon, it aligns with the overarching global commitment to eradicate HIV/AIDS and enhance healthcare equity worldwide.

Key components of the HIV diagnostics market include:

  • HIV Testing Technologies: There are several types of HIV tests available, including rapid antibody tests, nucleic acid tests (NATs), and enzyme-linked immunosorbent assays (ELISAs). Each of these tests has its own advantages and applications in different healthcare settings.
  • Testing Kits and Reagents: Manufacturers produce testing kits and reagents used in laboratories, clinics, and point-of-care settings to perform HIV tests. These kits contain the necessary components to detect HIV antibodies or viral RNA/DNA.
  • Point-of-Care Testing (POCT): POCT devices allow for rapid testing and immediate results at the site of patient care, such as clinics or outreach programs. These tests are essential for timely diagnosis and linkage to care.
  • Laboratory-Based Testing: Larger healthcare facilities and reference laboratories often use more sophisticated and sensitive laboratory-based tests, including NATs, to confirm HIV infection and monitor viral load.
  • Home Testing Kits: Some countries and regions have approved over-the-counter HIV testing kits that individuals can use at home to self-test for HIV, providing privacy and convenience.

“Favourable regulatory environment and substantial investment in R&D activities by market participants for the development of improved quality HIV testing kits for home use is likely to propel the HIV diagnostics market growth.”

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What is the Segmentation Outlook for the HIV Diagnostics Market?

The consumable sector accounted for the largest market share in the global HIV diagnosis market. Consumption of consumables such as assays, reagents, and kits are on the rise, which is propelling the HIV diagnostics market forward.

HIV Diagnostics Market Key Players:

  • Siemens Healthineers
  • F. Hoffmann-La Roche Ltd
  • Abbott Laboratories
  • Danaher Corporation
  • Thermo-Fisher Scientific Inc.

HIV Diagnostics Market Key Segments:

By Product:

  • Consumables
  • Instruments
  • Software & Services

By Test Type:

  • Antibody Tests
  • Viral Load Tests
  • CD4 Tests
  • Others

By End User:

  • Diagnostic Laboratories
  • Hospitals
  • Others

By Region:

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

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About Future Market Insights (FMI)

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

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Nandini Singh Sawlani   

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
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Global Vascular Patches Market is expected to demonstrate notable growth, with a targeted 5.8% CAGR by 2031, according to FMI’s analysis

Vascular Patches Market
Vascular Patches Market

The global vascular patches market size is anticipated to grow by 5.8% between 2021 and 2031, from a value of about US$ 136.9 million in 2021 to US$ 241.4 million by 2031 that point, according to Future Market Insights (FMI). In terms of material-based market share, biologic vascular patches held the largest proportion (52.9%) in 2020.

The prevalence of cardiovascular diseases is increasing globally, which is driving up demand for vascular patches as a successful revascularization method. This has opened up new revenue streams for the pharmaceutical and biopharmaceutical businesses. A result of advancements in cardiac therapy technologies is a rise in the use of vascular patches.

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The world’s supply of premium patch products is assisting in meeting the unmet demand for cardiological therapy. The rising prevalence of cardiovascular diseases is largely due to lifestyle modifications such physical inactivity, cigarette use and smoking, and poor diets.

The development of cardiac care, which has improved diagnostic methods and management and increased life expectancy, is another factor driving the market for vascular patches. Key market players are concentrating on creating unique goods employing biologic resources already in existence and patented treatments.

Vascular patches are being used by major healthcare institutions all over the world more frequently to treat undesirable situations including organ failure and stroke in cardiac cases through surgical management. These dynamic variables are propelling the global vascular patches market’s expansion and are anticipated to encourage more developments everywhere.

Key Takeaways from Market Study:

  • Synthetic patches are expected to hold over 52.2% market value share by the end of 2031.
  • Peripheral vascular diseases are expected to hold a higher share of around 30.9% in 2031 in terms of application.
  • Hospitals are expected to hold the largest share of 45.0% in 2031 in terms of end user.
  • North America is slated to remain dominant, accounting for 36.2% of the overall sales through the end of the forecast period.

“Recent developments in cardiac surgery, coupled with focus on ensuring greater accuracy, precision, and efficiency are set to boost the sales of vascular patches worldwide,” says an analyst of Future Market Insights.

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Market Competition:

The key players are focusing on delivering effective treatment lines to their patients, ensuring the right treatment for the right patient at the right time. Manufacturers are actively working in coherence with researchers in order to be able to acquire enhanced and innovative concepts to widen the therapeutic actions of the product that drive their research capabilities and strengthen their product portfolio.

  • On September 25, 2020, Getinge signed a partnership agreement with Universeum. Getinge supported Universeum for innovation as well as contributing to social development with a strong focus on health.
  • On May 21-24, 2019, Rafael Braile (Executive Director) and Dr. Diego Gaia (Cardiovascular Surgeon) of Braile Biomedica presented a new unique product, Endobentall, at the Euro PCR event held in Paris, France.

Key Companies Profiled:

  • Braile Biomedica
  • Baxter International
  • Getinge Ab (Maquet)
  • B. Braun Melsungen AG
  • W. L. Gore & Associates
  • Admedus
  • Cryolife
  • Edwards Lifesciences
  • Labcor Laboratórios
  • Terumo Corporation
  • BiOTECK
  • Lab Medica
  • Tissuemed
  • InSitu Technologies
  • LeMaitre Vascular, Inc.
  • Becton, Dickinson, and Company
  • CARITAS.

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Regionally, North America holds the largest share of the global vascular patch market, owing to the well-established healthcare infrastructure, the high prevalence of cardiovascular diseases, and the presence of major players in the region. Europe is the second-largest market for vascular patches, owing to the increasing adoption of advanced medical technologies, favorable reimbursement policies, and rising healthcare expenditure.

Key Market Segments Covered in Vascular Patches Industry Research:

By Material:

  • Synthetic vascular patches
  • Biologic vascular patches

By Application:

  • Carotid Endarterectomy
  • Open Repair of Abdominal Aneurysm
  • Vascular bypass Surgery
  • Peripheral vascular reconstruction
  • Others

By End User:

  • Hospitals
  • Trauma Care Centers
  • Academic & Research Institutes

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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Global Dental Microsurgery Market is poised for significant expansion, with expectations to reach US$ 620.7 Million by 2032 | FMI

Dental Microsurgery Market
Dental Microsurgery Market

The global dental microsurgery market size is anticipated to reach a value of US$ 304.5 million in 2022 and, with a 7.4% CAGR, reach US$ 620.7 million by 2032. Microsurgical instrumentation will hold 77.3% of the global market share in terms of product type.

The global dental microsurgery market is expanding and innovating significantly as a result of technological improvements and rising public awareness of the advantages of minimally invasive dental procedures. With the help of dental microscopes, specialised tools, and magnification techniques, this specialised area of the dentistry industry focuses on precision procedures that allow dentists and oral surgeons to deliver more precise and minimally invasive treatments.

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The growing need for cosmetic dentistry and the desire for aesthetically pleasing results are two major factors driving the growth of the dental microsurgery market. Today’s patients demand that dental operations not only be efficient but also painless and aesthetically pleasing. Dental microsurgery meets these patients’ expectations by enabling smaller incisions, less tissue damage, and improved post-operative aesthetics.

Another factor contributing to the market’s expansion is the aging global population. As people age, the need for dental interventions, such as periodontal surgery and root canal treatments, increases. Dental microsurgery techniques are particularly beneficial for these procedures, as they minimize discomfort and speed up recovery times.

Technological advancements have played a pivotal role in shaping the dental microsurgery market. Innovations like 3D imaging, laser technology, and computer-assisted surgery have improved the precision and efficiency of dental procedures. Additionally, the integration of robotics and artificial intelligence into dental microsurgery is on the horizon, promising even greater accuracy and automation in various aspects of dental surgery.

Furthermore, the COVID-19 pandemic has underscored the importance of infection control in healthcare settings, including dental offices. Dental microsurgery, with its focus on minimally invasive techniques and enhanced visualization, can reduce the risk of contamination and help maintain a safer environment for both patients and dental professionals.

Key Components And Trends In The Dental Microsurgery Market Include:

  1. Microscopes and Loupes: High-quality dental microscopes and surgical loupes with advanced optics are essential tools in dental microsurgery. They provide the required magnification and illumination for dentists to perform precise procedures.
  2. Instrumentation: Specialized microsurgical instruments are designed to be smaller and more delicate than traditional dental tools. These instruments enable dentists to work with greater precision in confined spaces.
  3. Implantology: Dental implants have become a popular solution for replacing missing teeth. Microsurgery plays a crucial role in implantology by allowing for precise implant placement and minimally invasive procedures.
  4. Endodontics: Microsurgery has revolutionized endodontics (root canal treatments) by improving visualization and access to the root canal system. This leads to better outcomes and higher success rates in saving teeth.
  5. Periodontics: Microsurgery is used in periodontal procedures, including gum grafting, flap surgery, and bone regeneration. It enables the precise manipulation of tissues for optimal results.
  6. Technological Advancements: Advances in imaging technologies like cone-beam computed tomography (CBCT) and 3D printing have enhanced treatment planning and patient-specific solutions in dental microsurgery.
  7. Minimally Invasive Techniques: There is a growing trend toward minimally invasive dentistry, where microsurgery plays a pivotal role. It reduces patient discomfort and accelerates recovery.
  8. Market Growth: The dental microsurgery market is expected to grow as the demand for high-quality dental care increases, especially among aging populations. Additionally, consumer awareness of cosmetic and restorative dental procedures contributes to market growth.

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Key Companies Profiled:

  • Zeiss International
  • Baxter
  • Hu-Friedy Mfg. Co., LLC
  • Microsurgical Technology.
  • Peter LAZIC GmbH
  • MICROSURGERY INSTRUMENTS, INC.
  • Accurate Surgical & Scientific Instruments Corporation
  • Henry Schein, Inc.
  • KLS Martin Group; BVI
  • B. Braun Melsungen AG
  • Danaher
  • Dentsply Sirona
  • Smith & Nephew plc
  • Zimmer Biomet
  • Ivoclar Vivadent AG
  • Institut Straumann AG
  • Kerr Corporation
  • Salvin Dental Specialties, Inc.
  • Medtronic
  • ALBERT WAESCHLE
  • Global Surgical Corporation
  • SYNOVIS MICRO COMPANIES ALLIANCE, INC.

Key Market Segments Covered in Dental Microsurgery Industry Research:

By Product:

  • Microsurgical Instrumentation
  • Optical/Viewing Instruments by Sample

By Application:

  • Endodontics
  • Periodontics
  • Implantology

By End-User:

  • Hospitals
  • Dental Clinics
  • Ambulatory Surgical Centres

By Region:

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

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About Future Market Insights (FMI)

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

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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Desert Island Tourism Market on Track for US$161 Billion by 2032, Fueled by 3% CAGR | FMI

By 2022, the tourism industry on desert islands is expected to be valued at US$ 120 billion. The market is expected to grow at a 3% compound annual growth rate (CAGR) and reach US$ 161.27 billion in sales by 2032.

Islands have long been regarded as dreamy tourist locations. They provide genuine cultural and natural experiences in distinctive settings that are apart from the urbanized and ordinary areas that serve as the island’s primary source of tourists.

Islands frequently serve as the antithesis of metropolitan life, providing the sense of separation and change from the norm required to give the fundamental elements of a vacation. Islands have long maintained a special place in travelers’ hearts since they signify both crossing water and exploring a confined location that is full of mystery and intrigue.

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They are frequently used to symbolize paradise as well. Major tourist attractions include islands in the Mediterranean, Caribbean, and South Pacific, while expanding air and sea connections has made islands in the Atlantic and Indian Ocean more accessible.

Despite this, it is widely accepted in the tourist literature that island tourism, whatever it is defined and researched, faces a number of difficulties and issues and is the cause of social, environmental, and economic distortion. The development of facilities for tourism takes toll on resources available on islands, might be reason for pollution and can disturb the ecology.

Deserted islands can be exception to these aforementioned problems, as there are no inhabitants, and there are no means of development. If these islands have to be developed for tourism, the resources have to be brought to them, which is costly and inconvenient. Most of such desert island tours are just raw experience of nature, with no facilities whatsoever. People are also drawn to these islands, as there is no contact with outer world, and the get to connect with nature and experience the tranquility and solitude offered from them.

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Key Takeaways from the Desert Island Tourism Market Study:

  • The Adventure Tourism sector in Jordan will be growing with 3% CAGR.
  • The Covid-19 pandemic had 1.1% impact on the value of the Desert Island Tourism sector.
  • Tourists visiting the deserted islands are expecting adventure activities and experience natural beauty.

Impact of COVID-19

The COVID-19 epidemic and the controls put in place to stop its spread are severely impacting the travel and tourist industry. While it is anticipated that many economic sectors would rebound once restriction measures are relaxed, the pandemic will likely have a longer-lasting impact on global tourism. The prospect of continued restrictions on the free movement of persons internationally and the decline in consumer confidence are the main causes of this.

This effect is sensed clearly by island countries, as their economy is majorly dependent on foreign direct exchanges from tourism. Many youths had jobs for selling products related to local culture or other basic needs, and they had to close them and businesses were also effected as there was no market available for sales. This lack market led to harsh fall in the economy of small island countries.

Key Players

  • Docastaway
  • Phu Quoc Tours
  • Freedom Adventures
  • Kantiang Tours
  • Williams Tours
  • Emmanuel Tours
  • Island Safari
  • Others

The Desert Island Tourism Sector By Category

By Tourism Type:

  • Adventure
  • Luxury
  • Wellness
  • Cultural
  • Others

By Adventure Activity:

  • Camping
  • Safari
  • Diving
  • Fishing
  • Survival Simulation

By Booking Channel:

  • Phone Booking
  • Online Booking
  • Direct Booking

By Tourist Type:

  • Domestic
  • International

By Tour Type:

  • Independent Traveller
  • Package Traveller
  • Tour Group

By Age Group:

  • 15-25 Years
  • 26-35 Years
  • 36-45 Years
  • 46-55 Years
  • 56-65 Years
  • 66-75 Years

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 Over-the-Counter Veterinary Drugs Market is expected to surge at a 7.9% CAGR, aiming for a value of US$ 19.01 billion by 2033 | FMI

Over-the-Counter Veterinary Drugs Market
Over-the-Counter Veterinary Drugs Market

The global over-the-counter (OTC) veterinary drugs market is poised for robust growth, with an expected steady Compound Annual Growth Rate (CAGR) of 7.9% from 2023 to 2033. According to market projections, the industry is anticipated to reach a market share of US$ 19.01 billion by 2033, compared to its estimated value of US$ 8.8 billion in 2023.

The surge in the adoption of dogs and cats as beloved companions, particularly in the post-pandemic era, is a significant driver fueling the expansion of the OTC veterinary drugs market. A growing number of individuals now consider their pets as integral members of their families, prioritizing their nutrition, health, and overall well-being.

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One notable contributing factor to the industry’s growth is the increasing trend of pet owners seeking convenient and readily accessible solutions for their pets’ healthcare needs. This has led to a surge in the demand for over-the-counter veterinary drugs, as more individuals prefer products that can be obtained without the need for a veterinarian’s prescription.

The recent wave of legalization surrounding OTC veterinary drugs has played a pivotal role in propelling market growth. With regulatory frameworks becoming more permissive, consumers now have greater access to a wider range of veterinary drugs, promoting self-care for pets and streamlining the procurement process.

Key Takeaways:

  1. The United States market leads the over-the-counter (OTC) veterinary drugs market in terms of market share in North America. The United States region held a market share of 25.6% by 2022. The growth in this region is attributed to higher pet adoption and government efforts. North America dominates the market as it held a 35% global share in 2022.
  2. Germany’s over-the-counter (OTC) veterinary drugs market is another significant market in the European region. The market held a market share of 7.9% in 2022. The growth is attributed to the presence of the major OTC veterinary drug producers. Europe held a global share of 32% in 2022.
  3. The Indian over-the-counter (OTC) veterinary drugs market thrives at a CAGR of 8.3% during the forecast period. The booming growth rate is attributed to the increasing pet adoption and humanization along with the increasing number of OTC veterinary drug producers in the region.
  4. The oral form segment leads the dosage form type segment as it held a market share of 76.40% in 2022. The growth is attributed to lower pain unlike injections, higher effectiveness, and affordability.
  5. Based on the sales channel type, the online pharmacies segment leads as it held a market share of 40% in 2022. The growth is attributed to easy shipping and higher availability.

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Competitive Landscape:

The key vendors work on a smaller number of side effects, enhanced supply chain, and higher affordability.  Companies also collaborate to expand their supply chain. Key competitors and also merge, acquire, and partner with other companies to increase their supply chain, and distribution channel.

Recent Market Development:

  • Boehringer Ingelheim has introduced new products such as aftopor/aftovaxpur/aftovax, Arti-Cell FORTE, Aservo EquiHaler, and Bovela. and dairy cattle.
  • Phibro Animal Health Corporation has revisited their OTC veterinary drugs for swine, beef cattle.

Key Players:

  • Zoetis
  • Boehringer Ingelheim
  • Virbac S.A.
  • Hester Biosciences Ltd.
  • Merck Animal Health
  • Elanco Animal Health
  • Ceva Santé Animale
  • Vetoquinol S.A.
  • Phibro Animal Health Corporation
  • Dechra Pharmaceuticals PLC
  • Kyoritsu Seiyaku Corporation
  • AlphaVet Animal Health Ltd.
  • AdvaCare Pharma
  • Alphafacts Health Solution
  • Bimeda Animal Health Inc.

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Key Segments Covered:

By Drug Class:

  • NSAIDs
  • Antihistamines
  • Decongestants & Bronchodilators
  • Antibacterial
  • H2 Receptor Antagonists
  • Nutrients & Supplements
  • Glucocorticoids
  • Lubricant eye drops & artificial tears
  • Anti-parasitic
  • Antidiarrheal agents
  • Others

By Product Form:

  • Oral
  • Injectable
  • Topical
  • Others

By Sales Channel:

  • Veterinary Hospitals
  • Veterinary Clinics
  • Retail Pharmacies
  • Hypermarkets & Supermarkets
  • Online Pharmacies
  • Veterinary Shops

Key Regions Covered:

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

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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USA Animal Model Market is expected to surpass US$ 1,487.9 Million by 2033, as outlined in the FMI Report

USA Animal Model Market
USA Animal Model Market

The USA animal model market demand witnessed a valuation of approximately US$ 976.1 million in 2023, marking a significant milestone in biomedical research and development. Projections indicate a robust growth trajectory, with an anticipated Compound Annual Growth Rate (CAGR) of 4.3% from 2023 to 2033. The demand for animal models within the USA is slated to surge, with an estimated value reaching US$ 1,487.9 million by 2033, according to a comprehensive study by Future Market Insights.

The study highlights the pivotal role of animal models in various research domains, emphasizing their crucial contribution to scientific advancements and innovative breakthroughs. Mice emerged as a dominant species within the USA market, holding a substantial share of over 61.03% in 2022. Their versatile nature and genetic proximity to humans have rendered them invaluable assets in preclinical trials and biomedical studies, fueling their widespread utilization across research laboratories.

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The projected growth signifies a burgeoning demand for sophisticated research methodologies and the continual pursuit of advancements in the biomedical sector. Leveraging animal models remains indispensable for developing novel therapies, understanding disease mechanisms, and facilitating the progress of pharmaceutical and biotechnological innovations.

“This substantial growth in the USA animal model market underscores the indispensable role of these models in driving scientific progress,” stated a representative from Future Market Insights. “The anticipated rise reflects the ongoing commitment of the biomedical community toward fostering innovative research methodologies and advancing medical breakthroughs.”

As the USA animal model market expands, stakeholders within the biomedical and pharmaceutical industries are poised to embrace new opportunities, fostering collaborations, and investing in cutting-edge technologies to further enhance research outcomes.

Key Takeaways from the USA Animal Model Market Study Report:

  • Back in the year 2017, the demand for animal models in the United States, in terms of value, was nearly 818.7 million.
  • Over the next ten years, the animal model market in the United States is projected to witness an absolute growth of US$ 540.6 million.
  • Based on different species types, mice are the most preferred models and acquire a market share of 61.03% in the United States.
  • Among the different end-user verticals, most of the demand for animal-based models comes from academic and research institutes. This segment generated a revenue of around US$ 352.5 million in 2022, which was figured out to be 37.21% of the market.

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Competitive Landscape for the USA Animal Model Market Players:

Key firms in the market are using strategic formulations including forward integration, global expansion, and research alliances to maximize their revenue share and foster business growth. As there are many established participants in the supply of animal models, the overall USA market is fairly distributed and fragmented. However, the market is somewhat consolidated by large investments made by the DARPA and National Institutes of Health in the last few years.

Recent Developments by the Animal Model Industries based in the USA:

  • The Jackson Laboratory Inc. reported in February 2020 that a specific hACE2 genetically altered mouse model was available to aid COVID-19 research. This change presented fresh chances to create cutting-edge transgenic mice study models for the best results in clinical studies.
  • Charles River Laboratories Inc. and genOway, which is a biotechnology research company that creates transgenic research models, announced their alliance in May 2018. 2000 Ready-to-Use Knockout Mouse Models were to be made available through this agreement for in vivo research projects. The firm was able to strengthen its market position and obtain an edge over others after this strategic relationship.

Key Companies Profiled:

  • Charles River Laboratories
  • The Jackson Laboratory
  • Taconic Biosciences, Inc.
  • Genoway
  • Envigo (Inotiv, Inc.)
  • Marshall BioResources
  • Janvier Labs
  • Applied stem cells
  • Biocytogen
  • Transposagen Biopharmaceuticals, Inc. (Hera Bio Labs)
  • Cyagen
  • Ingenious targeting labs
  • Crown Bioscience Inc. (JSR Corporation).
  • Harbour Biomed
  • Sinclair BioResources
  • Alpha Genesis Inc.
  • Creative Animodel
  • DaVinci Biomedical Research Products, Inc

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Key Segments Covered by USA Animal Model Industry Survey Report:

By Species:

  • Mice
  • Rats
  • Fish
  • Birds
  • Cattles
  • Pigs
  • Amphibians
  • Guinea Pigs
  • Dogs
  • Cats
  • Rabbits
  • Monkeys
  • Sheep
  • Hamsters
  • Other Animals

By Technology:

  • Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR)
  • Microinjection
  • Nuclear Transfer
  • Other Technologies

By Application:

  • Research & Development
    • Infectious Disease
    • Immunological Diseases
    • Cancer
    • Cardiovascular Diseases
    • Diabetes
    • Genetic Diseases
    • Neurological Diseases
    • Obesity
    • NAFLD or NASH
    • Renal disease
    • Diabetic eye disease
    • Fibrosis
    • Micro-biome
    • Other Research and Developments
  • Production and Quality Control
  • Academics
  • Preclinical Applications
    • Infectious Disease
    • Immunological Diseases
    • Cancer
    • Cardiovascular Diseases
    • Diabetes
    • Genetic Diseases
    • Neurological Diseases
    • Obesity
    • NAFLD/NASH
    • Renal disease
    • Diabetic eye disease
    • Fibrosis
    • Micro-biome
    • Other Preclinical Applications
  • Other Applications

By Use:

  • Human
  • Veterinary

By End-user Verticals:

  • Companies
    • Pharmaceutical
    • Biotechnology
    • Cosmetics
    • Other Companies
  • Organizations
    • Government
    • Non-government
  • Academic and Research Institutes
  • Contract Research Organizations (CRO)

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
LinkedIn| Twitter| Blogs | YouTube