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Securing the Future: Examining the Lucrative US$ 11.65 Billion Security Inspection Market on a 5.8% CAGR Journey by 2033 | FMI

The global security inspection market is predicted to be valued US$ 35,505 million in 2023, growing to US$ 11.65 billion by 2033. Over the projection period, the market is expected to grow at a 5.8% CAGR.

The use of various security inspection systems, such as personnel screening systems, checkpoint screening systems, explosives and drug trace detection systems, liquid and radioactive substance monitors, cargo and bag inspection systems, and vehicle inspection systems, has increased in a variety of applications, including aviation and commercial security, among others.

The security inspection market refers to the industry that provides security inspection services and solutions for a variety of applications such as aviation, transportation, and critical infrastructure. These services and solutions strive to improve security and reduce the risk of security breaches and attacks.

X-ray and metal detection systems, baggage and package inspection systems, and security screening software are all part of the security inspection sector. Smiths Detection, Rapiscan Systems, and OSI Systems are among the market’s key participants. The market is being pushed by the growing requirement for security and safety in many industries, as well as technological improvements that enable more advanced and efficient security inspection solutions.

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What Major Trends Are Increasing the Demand for Security Inspections?
Growing Adoption of Multi-modal Biometric Systems & Increasing Investments in R&D for Product Enhancement

The main businesses are concentrating on investing in R&D to bring new goods to market and to improve the efficiency, security, usability, and dependability of current products. Vendors can regularly deliver new, high-quality products using effective production techniques thanks to this strategy.

Automated biometric identification systems (ABIS) are being implemented in financial institutions, governmental buildings, enterprises, retail points of sale (POS), and other locations to aid in secure confirmation. The dual vision X-ray inspection system upgrade, which is mostly utilized for explosives detection at security checkpoints, is anticipated to drive the global market.

Competitive Landscape

Security inspection solution providers are continuously focused on cost reduction of the product and improved service for consumers by implementing different strategies such as product innovation, partnership, acquisition, and geographical expansion.

In June 2020, Rapiscan Systems procured an advanced artificial intelligence platform from SYNAPSE TECHNOLOGY CORPORATION, an OSI Systems, Inc. subsidiary. This AI platform helps enhance threat detection, among other concealed and banned items using advanced computer vision and deep learning technologies.

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Categorization of Security Inspection Industry Survey

Security Inspection Market by Product:

Personnel Screening Systems
Checkpoint Screening Systems
Explosives and Drugs Trace Detection Systems
Liquid and Radioactive Substance Monitors
Cargo and Baggage Inspection Systems
Vehicle Inspection Systems
Others

Security Inspection Market by Type:

Fixed/Stationary Security Inspection Solutions
Portable/Mobile Security Inspection Solutions

Security Inspection Market by Application:

Aviation
Border Security
Correctional Facilities and Law Enforcement
Critical Infrastructure Protection
Commercial Security
Others

Security Inspection Market by Service:

Security Consulting Services
Installation and Integration Services
Maintenance and Repair Services
Security Training Services
Support Services

Security Inspection Market by Region:

North America Security Inspection Market
Latin America Security Inspection Market
Europe Security Inspection Market
East Asia Security Inspection Market
South Asia and Pacific Security Inspection Market
Middle East and Africa Security Inspection Market

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Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

About Future Market Insights (FMI)

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

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Global Retractable Needle Safety Syringes Industry Set to Surge, aiming for US$ 8,770 Million Valuation by 2033, Driven by a Steady 4.1% CAGR | FMI

The Global Retractable Needle Safety Syringes Industry is on the brink of remarkable expansion, poised to reach a projected valuation of US$ 5,846.6 million by the end of 2023. According to industry experts, this upward trajectory is expected to persist, with a steady Compound Annual Growth Rate (CAGR) of 4.1% anticipated from 2023 to 2033. By the conclusion of this decade-long journey, the market is forecasted to soar to an impressive US$ 8,770 million.

This projected growth highlights the pivotal role that Retractable Needle Safety Syringes are playing in the evolving landscape of healthcare. The innovative design of these syringes features an immediate needle retraction mechanism, triggered as soon as the plunger handle is fully depressed. This revolutionary pre-removal automatic retraction virtually eliminates the risk of exposure to a contaminated needle, thereby significantly reducing the likelihood of needle stick injuries.

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Major technological developments related to needles and syringes, such as the introduction of retractable needle safety syringes, lubrication technology and needle-stick safety-equipped devices, have increased the demand for retractable needle safety syringes in the market.

In addition to this, development of various safety devices, such as a passive needle guard with an advanced retractable needle system and plastic shield is largely addressing the issue of needle-stick injuries. Thus, technological advancement will continue to play a key role in spurring growth of the Global Retractable Needle Safety Syringes Industry.

Furthermore, organizations and manufacturers with advanced procurement functions have the opportunity to grow and expand their business to purchasers and traders. Together they work to develop innovative products to boost revenues and profits for both parties. They are using different key strategies, such as new product launches, expansion, and collaborations, among others to expand their footprint.

For instance, in June 2021, the space Medtech start-up ResearchSat partnered with the subsidiary of Numedico Technologies Pty Ltd. (Numedico Science Pty Ltd.), to work together for developing innovative therapies and drugs delivery based systems.

Key Takeaways from Global Retractable Needle Safety Syringes Industry Study

By product, manual retractable safety syringes are expected to hold around 1% market value share by the end of 2032.
By application, intravenous segment holds a market share value of around 0%.
By end-user, hospitals segment accounted for the highest market share value of 7% in 2021.
North America accounted for around 4% revenue share of the Global Retractable Needle Safety Syringes Industry in 2021.
The retractable needle safety syringes market in Germany is set to expand at 1% CAGR during the forecast period.
Demand for retractable needle safety syringes in China to increase at a CAGR of 2% over the next ten years.

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“With increasing advancement in retractable needle safety syringes and surge in needle stick injury cases, growth in the Global Retractable Needle Safety Syringes Industry is on the cards,” as per the Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.)

Who is Winning?

Acquisition among the companies or brands is the key strategy of retractable needle safety syringe manufacturers such as Becton, Dickinson and Company, Cardinal Health, and Nipro Corporation to grow their presence in the market and compete with other competitors during the coming years. Following are a few examples of acquisitions made by them to be at the top position:

In November 2020, BD acquired the medical business assets of CUBEX LLC, broadening its automated dispensing portfolio across the care continuum.
In January 2019, Cardinal Health announced the acquisition of Mirixa Corporation, a leading organization in developing solutions for medication therapy management.
In February 2021, Terumo Corporation announced the acquisition of Health Outcomes Sciences, Inc.

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Future Market Insights brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2012 to 2032. The Global Retractable Needle Safety Syringes Industry is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on retractable needle safety syringes market segment based on Product – (Manual Retractable Safety Syringe and Auto-retractable Safety Syringe), By Application (Subcutaneous, Intramuscular, and Intravenous) By End User – (Hospitals, Clinics, Ambulatory Surgical Centres and Others), By Distribution Channel (Direct to Customer, Retail (Retail Pharmacies and Drug Stores) and Online Pharmacies) across seven major regions.

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Global Retractable Needle Safety Syringes Industry Key Players:

Axel Bio Corporation, Inc
Becton, Dickinson and Company
Numedico
Lifelong Group
DMC Medical Ltd.
Retractable Technologies, Inc.
Smiths Medical
Sol-Millennium Medical Group
UltiMed, Inc. (Ulticare)
Revolutions Medical Corporation
Medicine (HMC Group)
Haiou Medical
Mediprim
Cardinal Health
Medline Industries
Duopross Meditech Corp.
Nipro Corporation
Terumo Corporation

Key Market Segments Covered in Global Retractable Needle Safety Syringes Industry Research

By Product:

Manual Retractable Safety Syringe
Auto-retractable Safety Syringe

By Application:

Subcutaneous
Intramuscular
Intravenous

By End-User:

Hospitals
Clinics
Ambulatory Surgical Centres
Others

By Distribution Channel:

Direct to Customer
Retail
- Retail Pharmacies
- Drug Stores
Online Pharmacies

Author

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

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

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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Air Curtains Market: Anticipated 8.2% CAGR and a Projected Value of US$ 1,771.4 Million by 2033

The Air Curtains Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Air Curtains market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Air Curtains. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2033. Additionally, the document evaluates key industry players, their market distribution, the competitive scenario, and regional perspectives

The global Air Curtains Market is at the brink of a significant transformation, showing promising signs of substantial growth in the near future. According to projections, it is expected to achieve a valuation of US$ 805.5 million by the year 2023, with a remarkable surge anticipated to reach US$ 1,771.4 million by 2033. This journey is anticipated to be characterized by an impressive Compound Annual Growth Rate (CAGR) of 8.2% throughout the forecast period.

Consumer Trends Driving Innovation

The present-day inclination of consumers towards rapid and secure consumption of food ingredients and chemicals is anticipated to play a crucial role in driving the adoption of air curtains, thereby considerably fueling market expansion. With businesses in various sectors actively pursuing improved safety measures and enhanced convenience, there is a projected surge in the demand for air curtains. Nevertheless, the path to growth is not devoid of challenges, as the presence of cost-effective substitutes and a lack of awareness regarding the advantages of air curtains could potentially impede the global market’s growth trajectory.

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Resilience and Awareness: Historic Momentum and Emerging Trends

The demand for air curtains globally gained momentum, growing at an impressive 5.4% during the historical period spanning from 2018 to 2022. Industries, especially in the commercial and industrial sectors, have increasingly recognized the manifold advantages of air curtains. Ranging from energy savings and improved indoor air quality to insect control, these benefits have driven adoption. Moreover, stringent regulations pertaining to energy efficiency and indoor air quality standards have acted as additional catalysts, amplifying the demand for air curtains.

Innovative Response to Evolving Needs

The quest for energy efficiency has fueled the demand for high-quality, energy-efficient devices, and the awareness of air curtain benefits has grown significantly. This dual dynamic has become a strong growth driver. The changing climate due to global warming has shifted consumer requirements, making air curtains a necessity for maintaining optimal environments – keeping humid air out during summer and retaining heat in colder climates.

United States: Pinnacle of Innovation

The United States, known for its vibrant commercial and industrial sectors, leads the charge in driving air curtains’ demand. Industries spanning retail, hospitality, food service, healthcare, logistics, and manufacturing have widely adopted air curtains to enhance energy efficiency, maintain indoor air quality, and elevate overall comfort. Innovation and technological advancements are the hallmark of the U.S., and the air curtain industry is no exception. The development of advanced and intelligent air curtain systems, featuring adjustable airflow, smart controls, and enhanced energy efficiency, underscores the country’s commitment to catering to evolving market needs.

Key Players Pioneering Industry Transformation

In this era of transformation, key players are setting the stage for industry evolution through innovation and tailored solutions. Manufacturers are offering customized curtains for various applications, fortifying their product portfolios and ensuring long-term benefits for manufacturing processes. The emphasis on research and development further accelerates the market’s transformation.

Notable Players Shaping the Landscape:

Fabri-Tech Inc.: Renowned for designing high-tech components for global markets, they are a design-driven material converter and custom assembly provider.

Airtecnics: Pioneers in designing and producing a comprehensive range of air curtains, their offerings feature high energy efficiency EC motors, heat pump direct expansion coils, and multiple jets. Customized finishes and complete design solutions are at the heart of their offerings.

As the air curtains market embarks on an exciting journey, Future Market Insights continues to provide in-depth insights and analyses to empower stakeholders in this dynamic landscape.

Fabri-Tech Inc,
Airtecnics, Meech International,
Thermoscreens,
Panasonic Corporation,
Steel Guard Safety Co.,
Deal Rite Inc.,
Plastic Fabric Solutions Inc.,
John Boyt Industrial Sewing Inc.,
Biddle,
Solar and Palau,

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Air Curtains Market by Category

By Type:

Non-Re-circulating Air Curtains
Re-circulating Air Curtains

By Application:

Industrial Climate Control
Air-conditioned Areas
Industrial Oven Openings
Mines
Dust & Humidity Control

By Region:

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

About Future Market Insights (FMI)

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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Automatic Filling Machine Market Analysis: Anticipated Growth at 4.8% CAGR from 2023 to 2033, Totaling US$ 8.88 Billion

The automatic filling machine Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the automatic filling machine market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for automatic filling machine. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2033. Additionally, the document evaluates key industry players, their market distribution, the competitive scenario, and regional perspectives

The global automatic filling machine sector is forecasted to experience substantial expansion, with a projected average Compound Annual Growth Rate (CAGR) of 4.8% from 2023 to 2033. By 2033, it is expected that the market will command a considerable market share, estimated at US$ 8.88 billion, commencing its trajectory with a market valuation of US$ 5.56 billion in 2023.

Unveiling Dynamics of Demand and Challenges

Amidst a landscape of promising growth, the automatic filling machine market is fueled by a constellation of factors. Future Market Insights (FMI) sheds light on the driving forces behind the market’s ascent while delving into challenges identified during comprehensive analysis, offering profound insights into this dynamic market segment.

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Driving Forces Propelling the Market

Surge in FMCG and Pharma Demand: The escalating demand for fast-moving consumer goods (FMCG) and pharmaceutical products has spurred manufacturers to enhance production speed. Consequently, the need for automatic filling machines that can swiftly and accurately fill containers while maintaining volume and weight precision has intensified.

Consumer Quest for Efficiency and Hygiene: The embrace of aseptic packaging gains momentum as consumers seek healthy and sterile products. Manufacturers are investing in aseptic filling machines to cater to this heightened demand for product integrity and consumer safety.

Elevating Convenience and Automation: The global penchant for convenient food packaging has driven the trend of miniaturized packing. Leveraging production line automation, packaging solution providers are harnessing innovation and efficiency to achieve consistency, thereby propelling the growth of the automatic filling machine market.

Critical Restraints to Navigate

High Cost Barrier: The proliferation of programmable logic controllers, software integration, and feedback systems has led to a higher cost associated with automatic filling machines. This cost factor could potentially hinder market expansion.

Challenges in Aseptic Filling: Certain segments of the food and beverages industry necessitate aseptic filling machines, which tend to be more expensive than other variants available in the market.

North America’s Dominance and Dynamics

Forecasts suggest that the North American region is primed to command a significant share of the global automatic filling machine market. Presently, North America accounts for 25% of the total market share, with the United States alone capturing 20.7% in 2022. The region’s burgeoning pharmaceutical sector fuels the demand for automatic filling machines, catering to filling requirements of liquid medicine bottles, vials, capsules, and ampules.

Competitive Landscape: Innovating for Future Excellence

The allure of automatic filling machines has ignited a wave of innovation within the filling machines market. With productivity and process enhancement as focal points, industry players are exploring mergers, acquisitions, and strategic initiatives to foster market growth.

Strategy 1: Global Expansion for Technological Excellence

Manufacturers are strategically expanding their footprint in key countries of the Asia Pacific, a thriving hub of opportunities. Germany, renowned for technological advancement and quality packaging solutions, serves as a vital player. Collaborations and partnerships are being forged to extend high-quality filling solutions to end users in the Asia Pacific region.

As the automatic filling machine market surges forward, Future Market Insights continues to provide comprehensive insights and analyses, aiding stakeholders in navigating this evolving landscape.

Key Players

Accutek Packaging Equipment Companies, Inc.
Coesia S.p.A
GEA Group Aktiengesellschaft
JBT
Krones AG
Ronchi Mario S.p.A
Salzgitter AG (KHS Group)
Scholle IPN
Syntegon Technology GmbH
Tetra Laval International S.A.

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Key Segments Covered

By Sales Type:

New Machinery
Spare Parts

By Product Type:

Solid
Semi-solid
Liquid

By End-user Industry:

Food
Beverage
Pharmaceutical
Personal Care
Chemical
Others

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Global Atherosclerosis Industry Eyes US$ 59,514.3 Million Milestone by 2033, Riding on a Steady 2.8% CAGR | FMI Report

The Global Atherosclerosis Industry is on the brink of a significant transformation, with a projected market valuation of US$ 59,514.3 million by the year 2033, showcasing a compelling Compound Annual Growth Rate (CAGR) of 2.8% from 2023 to 2033. As of 2023, the market stands at a value of US$ 45,165.6 million.

Atherosclerosis, characterized by the accumulation of plaque in arteries, has emerged as a focal point of intensive medical research and innovation. The increasing prevalence of cardiovascular disorders plays a pivotal role in driving the growth of the atherosclerosis market. This anticipated surge underscores the urgent need for advanced solutions to address the global burden of cardiovascular diseases.

The Global Atherosclerosis Industry faces a paradigm shift as it addresses the challenges posed by the accumulation of plaque, consisting of low-density lipoprotein (LDL cholesterol) and macrophage white blood cells. This phenomenon often leads to the cells becoming trapped at the affected site, resulting in the formation of arterial plaque over time.

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The plaque obstructs the corridor, upsetting the stream of blood around the body. This possibly causes blood clusters that can bring about existence undermining conditions, for example, heart assault, stroke and other cardiovascular ailments. Besides aging, aspects that upsurge the risk of atherosclerosis include: High blood pressure, high cholesterol, diabetes, obesity, smoking or other tobacco use, family history of early heart disease, lack of exercise and an unhealthy diet.

Global Atherosclerosis Industry: Drivers and Restraints

Growing incidence of heart attacks due to atherosclerosis or coronary heart disease is expected to increase demand for atherosclerosis treatment products. The rise in the aging population is expected to propel demand over the forecast period.

As per CDC (Centers for Disease Control and Prevention), coronary illness accounts for around 610,000 deaths per year in the United States- roughly being responsible for 1 of every 4 deaths reported. Coronary illness is the most widely recognized kind of coronary illness, killing more than 370,000 individuals every year. This increase in the baby boomer population is expected to add to the patient pool of atherosclerosis and thus in turn increase demand for treatment over the forecast period.

The development in atherosclerosis market is determined by expanded prevalence, obesity, sedentary lifestyle, hypertension, dyslipidemia, an especially decrease in high thickness cholesterol (HDL-C), and elevated cholesterol slim down. Medications to treat Atherosclerosis incorporates statins, angiotensin-converting enzyme (ACE) inhibitors, beta-blockers (BB), antiplatelets, calcium channel blockers (CCBs) and nitrates.

With the dispatch of first-in-class pipeline molecules, for example, Yosprala (headache medicine and omeprazole), Praluent (alirocumab), Dalcetrapib (RG1658), Vorapaxar (SCH 530348), Canakinumab (ACZ885), Varespladib (A 002), Aliskiren, Generx, Xarelto (rivaroxaban), Anacetrapib (MK0859), and others are relied upon to get propelled in the forecasting period. New contestants in the atherosclerosis market have indicated expanded adequacy and security profiles along with the reduction of CHD risk factors.

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Atherosclerosis or coronary artery disease showcase likewise has two different methods of treatment, which are coronary artery bypass grafting (CABG) and angioplasty. The CAD death rate is very high contrasted with different maladies because of coronary events connected with CAD, including myocardial infections (MI), angina and strokes.

In this way, the counteractive action of such events remains an undiscovered region of research and development for pharmaceutical organizations to bring novel medications into the market. However, the absence of definitive treatment, side effects and limited efficacy of the drugs available in the market and dependency in symptom based treatment in several cases is expected to hamper revenue growth of the atherosclerosis market over the forecast period.

Global Atherosclerosis Industry: Overview

The global market for atherosclerosis is expected to witness robust growth owing to increasing incidence rate of the heart problems coupled with new treatment (branded and generic) approach.

Atherosclerosis Industry: Region–wise Outlook

Globally the atherosclerosis market is segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and the Middle East and Africa (MEA). North America and Western Europe are expected to be the leading markets in the global atherosclerosis market.

Rising treatment options among the aging population, prescription rates, and the maturing worldwide population are additionally considered vital drivers for this market. High awareness and easy available diagnostic tests are expected to boost demand for RSV infection treatment products in these regions. Japan and APEJ are expected to follow next in terms of demand for the treatment of atherosclerosis market.

Eastern Europe, Latin America, and MEA markets are also expected to witness above average growth over the forecast period. The absence of population-based studies in developing countries is a major challenge in the assessment of RSV-related infections in these countries.

Global Atherosclerosis Industry: Participants

GlaxoSmithKline plc.
Merck & Co., Inc.
F. Hoffmann-La Roche Ltd.
Isis Pharmaceuticals, Inc.
Anthera Pharmaceuticals
Novartis AG
Sanofi
Johnson and Johnson
Bayer AG

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Why Future Market Insights?

Comprehensive analysis on evolving purchase pattern across different geographies
Detailed insights of market segments and sub-segments for historical as well as forecast period
A competitive analysis of prominent players and emerging players in the keyword market
Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Author

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Global Powered Lawn Mowers Market: 4.5% CAGR and US$ 2,323.8 Million Estimated by 2033

The Powered lawn mower Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Powered lawn mower market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Powered lawn mower. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2033. Additionally, the document evaluates key industry players, their market distribution, the competitive scenario, and regional perspectives

The Powered lawn mower Market is poised for significant financial gains, exhibiting a promising Compound Annual Growth Rate (CAGR) of 4.5% during the projected period. Projections indicate that the overall market is expected to yield sales exceeding US$ 2,323.8 million by 2033, a notable increase from the US$ 1,496.3 million recorded in 2023.

This upsurge in powered lawn mower sales can be attributed to the escalating prevalence of gardening and lawn maintenance activities, coupled with a growing emphasis on comprehensive lawn care. To cater to the diverse requirements of discerning consumers, manufacturers have expanded their product offerings, presenting a range of options such as variable cutting widths, adjustable heights, and an assortment of attachments.

Technological advancements have revolutionized the functionality of lawn mowers, facilitating precise cutting, enhanced energy efficiency, and heightened user convenience. Moreover, industry players have placed significant emphasis on the integration of sustainable and eco-friendly elements across all equipment and machinery, underscoring their commitment to ecological stewardship.

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In particular, there is a growing market for electric-powered lawn mowers as environmental concerns become more widely known in emerging economies. Compared to conventional gas-powered versions, electric-powered lawn mowers are quieter, generate fewer pollutants, and require much less maintenance throughout their lifetime.

Key Takeaways from the Powered Lawn Mowers Market Study Report

The United States holds a dominant share of the global market, contributing 28.3% of the total revenue generated in 2022.
In Europe, Germany is the leading manufacturer of powered lawn mowers and held a global market share of 6.2% in 2022.
The demand for powered lawn mowers in the United Kingdom is anticipated to continue at 3.5% from 2023 to 2033.
India is the emerging market for powered lawn mowers and is anticipated to capture a CAGR of 5.7% through 2033.

Residential Renaissance Driving Demand

Across North America, a resurgence in residential interest is propelling the demand for electric garden tools, particularly powered lawn mowers. The allure of well-maintained lawns and landscapes is prompting homeowners to invest in these efficient and environment-friendly solutions. This residential trend has not only boosted the market’s growth but also reshaped consumer preferences toward electric alternatives, contributing to the rapid expansion of the powered lawn mower market.

Commercial Landscapes Embrace Electric Power

The influence of powered lawn mowers is not limited to residential spaces. Commercial settings such as parks, public gardens, sports arenas, and more are also adopting these electric solutions at an accelerating pace. The demand for efficient and eco-friendly maintenance tools in these areas is driving the transition towards powered lawn mowers, further amplifying the market’s size and scope.

As North America’s powered lawn mower market witnesses this dual surge – driven by residential and commercial sectors – Future Market Insights remains committed to providing comprehensive insights into this evolving landscape.

Competitive Landscape for the Powered Lawn Mowers Market Players

American Lawn Mower, Unison Engg, Rank Engineering, Husqvarna, D&D Moto, Hayter, MEAN GREEN, CHP, GGP, and Hayter are some top players in this market. Additionally, new players are emerging and improving their positions in developed and emerging countries by growing their distribution networks. Forming strategic alliances with nearby dealers, online merchants, and home improvement businesses is a prominent strategy all players adopt.

Manufacturers of powered lawn mowers have been actively expanding their operations to take advantage of recent cutting-edge technology developments. They are integrating Internet of Things (IoT) connection, robotic automation, and superior material into their products to gain a competitive edge over their rivals. Moreover, producers are focusing on research and development to enhance the efficiency and robustness of lawn mowers to fulfill the changing demands of consumers.

Recent Developments by the Powered Lawn Mowers Manufacturing Industries

In mid-2022, Honda unveiled its new self-propelled HRG536X lawn mower with additional features. It has a brushless electric motor, which is more effective and silent than conventional gasoline engines. Additionally, it offers a variety of safety features, including a safety key and a blade brake.

In 2021, Toro unveiled its new category of SmartStowTM technology lawn mowers. These new types of lawn mowers can now be folded and stored upright, saving room in the garage.

In July 2020, EGO made their Power+ 56V cordless lawnmowers available in the market. EGO 56V batteries, which have a duration of up to 75 minutes, are used to power this mower. It also boasts several user-friendly features, including a self-propelled motor and variable speed control.

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Key Segments Profiled in the Powered Lawn Mowers Market Survey

By Material Type:

Steel
Polymer
Polypropylene

By Source of Power:

Gas-Powered
Electric-Powered
Battery-Powered

By Cutting Systems:

Reel Mowers
Rotary lawn mowers

By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific
Japan
The Middle East and Africa

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Global 3D Printed Drugs Industry Surges Toward a US$ 742.88 Million Valuation with Remarkable 9.2% CAGR by 2032 | FMI

The Global 3D Printed Drugs Industry is poised to make significant strides, anticipating a remarkable valuation of US$ 742.88 Million by 2032, driven by a stellar Compound Annual Growth Rate (CAGR) of 9.2% from 2022 to 2032. According to insights from FMI, the market is set to generate an estimated US$ 307.54 Million by the end of 2022.

The burgeoning demand for 3D-printed drugs is primarily fueled by their large-scale applications in the healthcare sector, aligning seamlessly with the rising prevalence of chronic ailments worldwide. This trend is expected to intensify during the forecast period, underscoring the industry’s robust growth trajectory.

One of the key factors contributing to the surge in demand is the quick solubility and customizable nature of 3D printed drugs. Leveraging powder bed inkjet printing technology, these drugs are manufactured by layering the components in a format analogous to traditional 3D printing. This innovative production method results in medications that are not only easier to swallow but also hold significant advantages for individuals dealing with dysphagia.

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Moreover, 3D printing has the potential to speed up the arrival of customized pharmaceuticals or the development of therapeutic blends. With the help of 3D printing, medications could be personalized for each patient, which will likely be more effective than batch-produced medications as they would be produced individually with consideration for that patient’s medical history. All of these considerations aid the growth of the Global 3D Printed Drugs Industry during the forecast period.

“A surge in the demand for customized medications will fuel the global growth of the Global 3D Printed Drugs Industry over the forecast period,” says an FMI analyst.

Key Takeaways:

The inkjet printer technology segment will hold 24% of the 3D printed drugs market share by the end of 2022.
The hospitals and clinics end-user segment will own about 45% of the overall market share.
In 2022, the 3D printed drugs market in North America will account for 31.1% of the total market share.
Europe’s 3D drug printing market will hold 29.9% of the market share in 2022.
Immense potential for 3D printed drugs research will drive the Asia Pacific market to hold 27% of the overall market share in 2022.

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Competitive Landscape

Hewlett Packard Caribe, Merck, Cycle Pharmaceuticals, AstraZeneca, Aprecia, Osmotica Pharmaceuticals, Aprecia Pharmaceuticals LLC Extend Biosciences, Bioduro, Affinity Therapeutics, GlaxoSmithKline Plc, and FabRx Ltd. among others are some of the major players in theGlobal 3D Printed Drugs Industry profiled in the full version of the report.

Key market players are focusing on product development and new product launches to meet the growing demand. These organizations also employ strategic partnership and collaboration tactics to gain a competitive advantage.

More Insights into Global 3D Printed Drugs Industry Report

In its latest report, FMI offers an unbiased analysis of the Global 3D Printed Drugs Industry, providing historical data from 2017 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented based on the dosage form (3D printed tablets, 3D printed capsules, 3D printed multi drug implants, 3D printed nanoparticles, 3D printed solutions, other 3D printed drug dosage forms), technology (inkjet 3D printed drugs, direct write 3D printed drugs, zip dose 3D printed drugs, thermal inkjet 3D printed drugs, 3D printed drugs based on fuel deposition modeling, powder bed 3D printed drugs, stereo lithography (SLA) 3D printed drugs, semi solid extrusion (SSE) 3D printed drugs), and region.

According to the latest FMI reports, based on segmentation, the inkjet printer technology will gain momentum over the forecast period. This segment will likely account for 24% of the Global 3D Printed Drugs Industry share in 2022. Owing to technological advancement the inkjet printers are easier and convenient to use. In terms of end use, hospitals and clinics are expected to be major contributors to the overall growth of the target market As easy installation and fewer waste fasten up the manufacture of 3D printed drugs in hospitals and clinics, these end users are predicted to hold 45% of the overall market share.

Based on region, the 3D-printed drugs market in North America will exhibit impressive growth during 2022-2032. Increasing incidences of chronic diseases, an aging population, access to a well-established healthcare infrastructure are some of the factors that drive the target market in this region. Thus, the 3D printed drugs market in North America will account for 31.1% of the total market share in 2022. Besides North America, Europe and the Asia Pacific regions, too, will register considerable 3D printed drugs market growth during the forecast period.

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Key Companies Profiled

Hewlett Packard Caribe
Merck
Cycle Pharmaceuticals
AstraZeneca
Aprecia
Osmotica Pharmaceuticals
Aprecia Pharmaceuticals LLC
Extend Biosciences
Bioduro
Affinity Therapeutics
GlaxoSmithKline Plc
FabRx Ltd

Key Segments Covered in the 3D Printed Drugs Industry Analysis

Global 3D Printed Drugs Industry by Dosage Form:

3D Printed Tablets
3D Printed Capsules
3D Printed Multi Drug Implants
3D Printed Nanoparticles
3D Printed Solutions
Other 3D Printed Drug Dosage Forms

Global 3D Printed Drugs Industry by Technology:

Inkjet 3D Printed Drugs
Direct Write 3D Printed Drugs
Zip Dose 3D Printed Drugs
Thermal Inkjet 3D Printed Drugs
3D Printed Drugs based on Fused Deposition Modeling
Powder Bed 3D Printed Drugs
Stereo Lithography (SLA) 3D Printed Drugs
Semi Solid Extrusion (SSE) 3D Printed Drugs

Author

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

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Nandini Singh Sawlani

Global Antiviral Drugs Industry Set to Skyrocket with a 3.9% CAGR Surge, Envisioning US$89.68 Billion Valuation by 2033 | FMI

The Global Antiviral Drugs Industry is on the brink of unprecedented growth, anticipating a robust 3.9% average annual increase from 2023 to 2033. According to insights unveiled by FMI, the market is poised to reach an impressive US$89.68 billion by 2033, reflecting a substantial surge from its 2023 valuation of US$61.42 billion.

Antiviral drugs, specifically designed to combat a spectrum of viral infections, operate with a mechanism akin to antibiotics. Unlike antibiotics, which target bacteria, antiviral drugs don’t eliminate the viruses directly. Instead, they play a pivotal role in hindering the replication and spread of targeted viruses.

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Driving Factors of the Global Antiviral Drugs Industry:

The increasing spread of viral diseases and the growing geriatric population with weak immune systems contribute to the market’s growth. Furthermore, health-aware people and the higher availability of antiviral drugs through government-backed health institutions are increasing the sales of antiviral drugs.
The high-end research and development activities, along with the new pharma companies entering the market, are gaining traction. The enhanced infection blocking, spread prevention, and lower side effects medicines are likely to expand the market size.
The frequent viral fevers and illnesses weaken the immune system, which further welcomes new infections and lifestyle-based chronic diseases. Thus, the application of antiviral drugs becomes important.
The tendencies of anti-viral medicines also lower the risk of herpes and HIV infections. The growing population and pollution are causing new infections and viruses like covid-19 and other versions of H3N2.
The common usage of antiviral drugs for flu, viral fever, and any virus-based infection is increasing its use. Also, the government-based generic medicines at lower costs in the health welfare schemes are increasing the sales of antiviral drugs.

Key Points from The Global Antiviral Drugs Industry:

The United States market leads the North American antiviral drugs market in terms of market share. The United States held a market share of 7.1% in 2022. The factors attributed to the sales of antiviral drugs in the country are the increasing penetration of flu and viral infections, higher availability of generic medicines, and healthcare coverage programs through the government. The North American market held a market share of 38.7% in 2022.
The German antiviral drugs market held a market share of 7.1% in 2022. The market growth is caused by welfare schemes, higher drug manufacturing facilities, and increased foreign investments. The European market held a market share of 24.9% in 2022.
The Indian market thrives at a CAGR of 3.8% between 2023 and 2033. The growth is attributed to India being the pharmacy hub and producing a higher amount of drugs through smooth testing, approvals, and sales.
The Chinese market also thrives at a CAGR of 4.7% during the forecast period.
Based on the application type, HIV leads the market as it held a market share of 44.0% in 2022.
Based on the end-user type, the hospital segment leads the market, as it held a market share of 47.80% in 2022

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Prominent Players of the Global Antiviral Drugs Industry

The key vendors focus on higher availability, better coverage, and lower side effects of the drugs. The competitors also merge, acquire, and partner with other companies to increase their supply chain and distribution channel.

Roche
Gilead
GlaxoSmithKline
Bristol-Myers-Squibb
Abbott
AstraZeneca
Cipla
Bayer AG
Johnson & Johnson
Merck & Co
AbbVie
Aurobindo Pharma
Reddy’s Laboratories Ltd.

Recent Market Developments of the Global Antiviral Drugs Industry:

Abbott has finalized to upgrade of 75 primary health centers (PHCs) across nine states in India/ The company is expected to invest around US$ 200 million while making antiviral drugs accessible to the common masses.
Aurobindo Pharma has introduced its covid-19 drug Molnupiravir in India. It is the generic version of Merck’s antiviral covid-19 pill.
Cipla Limited and Genes2Me Pvt. Ltd. announced in May 2022 that the ‘RT-Direct’ multiplex COVID-19 RT PCR Test kit would be made available for purchase in India. Cipla is expanding its diagnostics offering to introduce more cutting-edge and cutting-edge solutions to the market.
Abbott and the Food and Drug Administration came to an agreement on Monday for the company to reopen its Michigan manufacturing facility in May 2022, which will help ease a national baby formula shortage after the facility was shut down due to bacterial contamination.

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Key Market Segments Covered in the Antiviral Drugs Industry Research:

By Product type:

Hepatitis-C antivirals
HIV antivirals
Herpes antivirals
Hepatitis-B antivirals
Influenza antivirals
Others (Pneumonia, Flu, etc.)

By End User:

Hospitals
Clinics
Ambulatory Surgical Centers

Key Regions Covered:

North America

- United States
- Canada
Latin America
- Brazil
- Mexico
- Rest of Latin America
Europe
- Germany
- United Kingdom
- France
- Spain
- Russia
- Rest of Europe
Japan
Asia Pacific Excluding Japan
- China
- India
- Malaysia
- Singapore
- Australia
- Rest of Asia Pacific Excluding Japan (APEJ)
The Middle East and Africa
- GCC Countries
- Israel
- South Africa
- Middle East and Africa (MEA)

Author

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Global Vestibular Testing System Industry Set to Achieve Staggering US$ 202.4 Million Valuation by 2033, Propelled by 5.4% CAGR | Forecasts FMI

The Global Vestibular Testing System Industry is on the brink of significant expansion, with a projected valuation of US$ 119.3 million in 2023, anticipated to surge to an impressive US$ 202.4 million by 2033. This remarkable growth trajectory is underpinned by a substantial Compound Annual Growth Rate (CAGR) of 5.4% during the forecast period, according to the latest insights from Future Market Insights (FMI).

The Global Vestibular Testing System Industry plays a pivotal role in assessing special orientation and coordination within the sensory system. Comprising a variety of tests, these systems are instrumental in identifying potential issues with the vestibular portion of the inner ear. Furthermore, these tests serve the crucial function of isolating symptoms related to dizziness, providing a foundation for targeted and effective treatment.

Vestibular testing systems have emerged as invaluable tools in diagnosing patients grappling with balance problems. Recent studies have underscored their superiority over traditional medical examinations in identifying inner ear disorders, highlighting the precision and efficacy of these advanced testing methodologies.

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Tests for hearing evaluations are categorized into audiometric hearing evaluation, videonystagmography (VNG), vestibular evoked myogenic potential (VEMP), rotary chair and computerized dynamic posturography. The tests include hearing evaluations because the balance and hearing functions of the inner ear are closely related.

The vestibular tests are suggested for those people who are mainly suffering from vertigo, balance disorders, disequilibrium, benign paroxysmal positional vertigo (BPPV) and concussion. The main objective of the vestibular testing system is to decrease the symptoms of vertigo & dizziness, improve gaze stability and decrease risk of falls.

According to the CDC, more than one third of adults of age 65 and older fall each year in the United States and about 20% to 30% of people who fall suffer moderate to severe injuries.

Global Vestibular Testing System Industry: Drivers and Restraints

The factors responsible for the growth of global vestibular testing system are improving healthcare infrastructure and increased risk of clinically significant outcomes such as falls. In addition, rise in the prevalence of balance disorders is significantly expanding the scope of vestibular testing systems.

However, high cost of tests and lack of skilled professionals in understanding test results are some of the factors which are restraining the growth of global vestibular testing system market.

Global Vestibular Testing System Industry: Overview

Based on test type, the global vestibular testing system market is segmented into Videonystagmography (VNG), Vestibular evoked myogenic potential (VEMP), Rotary chair, Computerized dynamic posturography and others. Based on end user, the market is segmented into hospitals, diagnostic centers and clinics.

Hospitals are preferred more due to the supervision of the physicians and availability of comparatively better skilled professionals.

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Vestibular Testing System Industry: Regional Overview

Region wise, the Global Vestibular Testing System Industry is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, and Middle East and Africa. The market in North America is expected to hold the largest share due to new product innovations, lifestyle changes and early treatment adoption.

Europe is the second leading market for vestibular testing system due to development activities and large research base. The Asia Pacific market is also expected to show a significant growth rate over the forecast period. Overall, the Global Vestibular Testing System Industry is expected to show significant growth over the forecast period.

Global Vestibular Testing System Industry: Key Players

Some of the key players in the Global Vestibular Testing System Industry are Balanceback, BeOn Solutions, DIFRA, BioMed Jena, Vesticon, Inc., Recorders & Medicare Systems, Happersberger otopront GmbH, Interacoustics, Homoth Medizinelektronik GmbH & Co., Ecleris S.R.L, MEDI-CARE SOLUTIONS srl, Micromedical Technologies, NAGASHIMA MEDICAL INSTRUMENTS.CO.,LTD., Natus Medical Incorporated, Otometrics A/S and TECHNO CONCEPT.

The report covers exhaustive analysis on

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

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Global Vestibular Testing System Industry: Segmentation is classified based on test type, end-user, and geography.

Based on test type, the Global Vestibular Testing System Industry is segmented into the following:

Videonystagmography (VNG)
Vestibular evoked myogenic potential (VEMP)
Rotary chair
Computerized dynamic posturography
Others

Based on end-user, the Global Vestibular Testing System Industry is segmented into the following:

Hospitals
Diagnostic Centres
Clinics

Author

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Nandini Singh Sawlani

Global Veterinary Orthopedic Drills Industry Set to Hit Dazzling US$ 40 Million by 2033 with a 3.4% CAGR | FMI

In a groundbreaking revelation, the Global Veterinary Orthopedic Drill Industry is set to experience a remarkable surge, positioning itself for significant expansion in the year 2023. The industry, which is currently on the brink of a pivotal transformation, is expected to witness revenues soaring to an impressive US$ 28.6 million this year. Projections indicate that this growth trajectory is not merely a short-lived phenomenon; instead, it sets the stage for a dazzling future, with anticipated revenues reaching an astounding US$ 40 million by the year 2033.

This exceptional growth is underpinned by a steady and robust Compound Annual Growth Rate (CAGR) of 3.4%. The industry’s resilience and adaptability are evident as it navigates through the complexities of the global market, embracing innovative technologies and advancements. As the demand for veterinary orthopedic drills continues to rise, industry stakeholders are gearing up for a transformative decade ahead.

Global Veterinary Orthopedic Drills Industry: Drivers and Restraints

Rising prevalence of bone reconstruction in animals is the major driver for the rapid growth of the veterinary orthopedic drills market. Due to rising prevalence, there is rapid development in veterinary orthopedic drills development by innovator companies. Another such example is the replacement of traditional drills techniques with electrical drills these are mainly due to traditional drilling method majorly leads to osteonecrosis due to uncontrolled temperatures. Drilling is a pre-requisite for rigid fixation of bone and implants with screws and threaded devices. All these factors drive the burgeoning growth of veterinary orthopedic drills market. Along with rising demand due to increased compliance and less bone damage boosting the growth of the market.

Veterinary orthopedic drills are used for veterinary trauma surgery and are typically used to drill the bone to accommodate threaded device or screw for fixation. Orthopedic drills are mostly used in cruciate ligament reconstruction and basically drilling associated with a rise in temperature by converting mechanical energy into thermal energy of adjacent bone and soft tissues.

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The magnitude of veterinary orthopedic drilling depends on rotation speed, axial thrust force, geometry, diameter and etc. Excessive temperature due to drilling can result in the osteonecrosis, or impairment of osteogenic potential of the bone. Veterinary orthopedic drills are mostly in bone reconstruction surgeries to treat injured bones.

Veterinary orthopedic drill-bits normally ranges from 0.5mm to several millimeters. Typical veterinary orthopedic drills consist of the shaft, flutes, chisel edge and cutting edges. Chisel edges of veterinary orthopedic drills majorly contribute to axial thrust force and little cutting. Veterinary orthopedic drills are classified into three type’s pneumatic, battery, and electrical. Battery veterinary drills are more costly but are more advanced than other types. Pneumatic and electrical veterinary drills require compressed gas and external electric power and are cheaper than battery drills. The greatest advantage of battery veterinary orthopedic drills is ease of use in required directions in the absence of wire or hose.

Damage due to drilling and sterilization issues of drills limits the growth of the veterinary orthopedic drills market.

Global Veterinary Orthopedic Drills Industry: Market Overview

Global Veterinary Orthopedic Drills market has witnessed a robust growth due to increasing prevalence of orthopedic reconstruction of companion animals. Veterinary Orthopedic Drills market has a presence of many regional players which have a huge market share in emerging countries operating at regional or country level. There are huge opportunities for the untapped markets in emerging countries due to few approved players of the Veterinary Orthopedic Drills. The key players in the Veterinary Orthopedic Drills market are mainly focused on expansion by collaborations and partnerships with local vendors in increase the market reach of the products. The future of Veterinary Orthopedic Drills market anticipated with double CAGR during forecasting period.

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Global Veterinary Orthopedic Drills Industry: Key Participants

The key participants in the Veterinary Orthopedic Drills market mainly include IMEX Veterinary, Inc, Vet. Surgical Resources, Inc., Surgical Holdings, and others. Companies are mainly focused on R&D to strengthen core competencies of the company’s product portfolio.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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, macroeconomic 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.

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Global Veterinary Orthopedic Drills Industry: Segmentation

Segmentation based on Product Type

Pneumatic Drills
Electrical Drills
Battery Drills

Segmentation based on Product Type

Veterinary Hospitals
Veterinary Clinics

Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance

Author

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani