Global Monkeypox Treatment Industry is positioned for noteworthy growth, with a milestone of US$ 249 Million by 2033, as projected by FMI

A recent Future Market Insights report on the global monkeypox treatment industry demand forecasts that demand is expected to rise at a CAGR of 10.25% from 2023 to 2033. The global monkeypox treatment market is expected to reach a valuation of US$ 93.84 million in 2023 and as per the findings, a valuation of US$ 249 million is expected for the market by the end of the said forecast period 2033. Rising products approvals in treatment of monkeypox is anticipated to propel global monkeypox treatment market during the forecast period. For instance, according to the U. S. Food and Drug Administration, on 9 August 2022, Bavarian Nordic, a fully integrated vaccine company concentrated on the development, manufacturing, and commercialization of life-saving vaccines, announced that its Jynneos vaccine received the United States Food and Drugs Administration approval as an emergency treatment option for growing monkeypox disease.

There are numerous shares of antiviral drug makers, vaccine producers, and manufacturers of protective equipment that are in demand as investors are playing on a strategy that proved to be quite beneficial during the pandemic. Currently, biotechnological company Bavarian Nordic A/S and pharmaceutical firm Siga Technologies Inc. are among the growing stocks that are in focus along with supplier of medical tools- Precision System Science Co. All these factors are expected to propel growth in the forecast period.

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The growing investments in research and development activities, rising government support for the vaccination programs, and increasing awareness is fuelling growth opportunities for the market. For instance, there are currently two vaccines that are developed which could be used for the prevention of monkeypox disease. One is JYNNEOS vaccine that is approved for the prevention of monkeypox and smallpox disease. Another one is ACAM2000 vaccine that is approved for immunization against smallpox disease. This vaccine was made available to treat patients with monkeypox under an Expanded Access Investigational New Drug protocol. This is expected to boost market growth during the forthcoming period.

Till date, only six therapeutics/ vaccines,  ACAM2000®, IMVANEX® / JYNNEOS® / IMVAMUNE® and Cidofovir / Vistide, have received approval or been granted special access for the treatment / prevention of the monkeypox virus infection. In addition, more than 20 monkeypox therapeutics and vaccines are in the development pipeline which are expected to fuel growth during the forecast period. vHowever, dearth of qualified and skilled personnel who are unable to treat patients with appropriate treatments could hold back growth of the monkeypox market during the forecast period.

Key Takeaways from the Market Study:

  • North America is expected to dominate the industry while reaching market share of around 48% by end of the forecast period.
  • The market in Asia-Pacific is projected to reflect fastest CAGR of 11% during the projected timeline.
  • By treatment type, tecovirimat is projected to account for 61% market share by end of the forecast period.
  • By route of administration, oral segment is expected to account for 70% market share by end of 2033.

“Rapid product approvals and surging investments in healthcare infrastructure will augment market growth in the forecast period,” comments an FMI Analyst

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Competitive Landscape:

The global Monkeypox treatment market is extremely competitive owing to presence of large number of players and innovative product offerings. Additionally, business expansion activities through partnerships and agreements are factors projected to further increase the competition.  The major players in the market are:

  • SIGA Technologies Inc.
  • Chimerix, Inc.
  • Bavarian Nordic
  • Sanofi SA
  • Emcure Pharmaceuticals
  • Jinan Jinda Pharmaceutical Chemistry Co., Ltd
  • Emergent Pharmaceuticals
  • Gilead Sciences, Inc.
  • Hetero
  • Piramal Pharma Solutions

Key market players are concentrating on adoption of inorganic growth strategies such as acquisition, partnerships and collaboration in order to improve its product portfolio. This is anticipated to drive the global monkeypox treatment market.

  • For instance, in 2021, SIGA, a commercial-stage pharmaceutical company concentrated on the health security market, declared that it entered into a collaboration with Oxford University In the U.K. to provide ‘tecovirimat’ to treat individuals suffered from monkeypox in the Central African Republic (CAR).
  • In July 2022, Bavarian Nordic A/S declared that the company received an additional order for 2.5 million doses of JYNNEOS from the U.S. BARDA.
  • In August 2022, the United States FDA authorised emergency use of JYNNEOS vaccine intradermal injectable for healthcare professionals over 18 years of age and older determined to be at higher risk of monkeypox infection.

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Key Segments Profiled in the Monkeypox Treatment Industry Survey:

By Treatment Type:

  • Prophylactic- Vaccines
  • Therapeutic
    • Tecovirimat
    • Brincidofovir
    • Cidofovir

By Route of Administration:

  • Oral
  • Injectable

By Distribution Channel:

  • Retail Pharmacies
  • Hospital Pharmacies
  • Online Pharmacies

By Region:

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

Author By:

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

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

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

About Future Market Insights (FMI)

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

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Adiponectin Testing Market Sets the Stage to Surpass US$ 89 Billion by 2032, Unveiling Insights into Metabolic Wellness-FMI Projection

The market shares, key strategies, and strategic initiatives of some of the leading companies in this sector are thoroughly examined by the adiponectin testing industry size. In addition to segment-by-segment, region-by-region, and country-by-country data, the comprehensive report provides market revenue figures and an in-depth examination of the major influencing variables. The adiponectin testing market is expected to increase at a compound annual growth rate (CAGR) of 7.9% over the estimated period of 2022 to 2032. The market is expected to grow from its 2022 valuation of US$ 45.11 billion to US$ 89 billion by 2032. One of the most thorough papers available, it covers every aspect of the developing Adiponectin Testing market.

The Adiponectin Testing Market plays a crucial role in assessing metabolic health and its impact on various medical conditions. As a biomarker of adipose tissue function, adiponectin levels provide valuable insights into the body’s metabolic status, particularly in relation to insulin sensitivity and inflammation. This diagnostic tool aids healthcare professionals in understanding the intricate interplay between adipose tissue and overall metabolic well-being, facilitating early intervention and personalized treatment strategies for a range of health concerns. The market’s focus on advancing testing methods underscores its commitment to refining the understanding of metabolic health and contributing to more targeted healthcare interventions.

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Impact of COVID-19 on the Healthcare Industry

The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower. It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.

Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Adiponectin Testing Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2018 along with the key takeaways over the forecast period 2019 to 2029.

The team of analysts at Future Business Insights are focussing on research and market study to produce different Adiponectin Testing Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Adiponectin Testing Market.

Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are: Eagle Biosciences, Boster Biological Technology, Merck KGaA, Thermo fisher Scientific Inc., Biorad laboratories. Stratech.

Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:

Segmentation by Product Type

  • Adiponectin ELISA Kits
  • Adiponectin Enzyme Immunoassay Kits
  • Others

Segmentation by End User

  • Hospitals
  • Diagnostic Laboratories
  • Research Laboratories

Product Segmentation

The investigation offers a top to bottom evaluation of different clients’ journeys pertinent to the market and its segments. The study endeavours to assess the current and future development possibilities, undiscovered roads, factors that shapes their income potential in the global market by breaking it into di such as its types, applications, and region-wise assessment.

Full in-depth analysis of the parent market

The analysts at FMI are dedicated to provide insights after extensive research and study. The study also includes estimations, projections and evaluation of the market dynamics.

Important changes in market dynamics

The report has been created after detailed and exhaustive studies by the analysts at FMI taking several factors into consideration like monetary, ecological, social, mechanical, and political status of a particular demography. They study the key data to assess the revenue and production of manufacturers across various regions. The report also covers an in-depth analysis of the key changes in market dynamics in the recent past and the near future.

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Author By:

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

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

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

About Future Market Insights (FMI)

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

Contact Us:        

Nandini Singh Sawlani   

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

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Advanced Automotive Materials Market Forecasts a Steady Growth at 6.8% CAGR Through 2032

The advanced automotive materials market is poised for substantial growth, projected to achieve a robust compound annual growth rate (CAGR) of 6.8% throughout the forecast period. With a valuation of US$ 74.9 billion in 2022, the market is anticipated to witness significant expansion, reaching a projected valuation of US$ 144.61 billion by 2032. This impressive growth is indicative of the escalating demand for innovative materials within the automotive industry, driven by advancements in technology, evolving consumer preferences, and a focus on enhancing vehicle performance and sustainability.

The automotive industry is undergoing a revolutionary transformation, driven by technological advancements, sustainability goals, and the pursuit of enhanced performance. At the forefront of this evolution is the advanced automotive materials market, a dynamic sector that is reshaping the way vehicles are designed, manufactured, and operated. This market encompasses a wide array of materials, from advanced alloys and composites to lightweight materials and smart textiles, all aimed at addressing the industry’s evolving needs.

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Key Drivers:

  1. Fuel Efficiency and Emissions Reduction: Advanced materials play a pivotal role in enhancing fuel efficiency and reducing emissions. Lightweight materials, such as carbon fiber composites and high-strength alloys, enable automakers to build vehicles that are both sturdy and lightweight, resulting in improved fuel economy.
  2. Electric and Hybrid Vehicles: As the automotive industry pivots towards electric and hybrid vehicles, advanced materials become even more critical. Battery technologies and components demand lightweight materials with high strength, thermal stability, and electrical conductivity. The advanced automotive materials market is thus instrumental in supporting the transition to sustainable mobility.
  3. Safety and Crashworthiness: Innovative materials are being developed to enhance vehicle safety and crashworthiness. High-strength steels, advanced polymers, and smart materials with self-healing properties are contributing to the creation of vehicles that offer superior protection to occupants while minimizing the environmental impact of accidents.
  4. Autonomous Vehicles and Connectivity: The rise of autonomous vehicles requires materials that support the integration of sensors, LiDAR, and other advanced technologies. Smart materials, including those with enhanced electromagnetic interference (EMI) shielding properties, are becoming crucial for the development of connected and autonomous vehicles.

Key Players in the Advanced Automotive Materials Market

  • AK Steel
  • National Steel
  • General Electric
  • DuPont
  • Bayer AG
  • A. Schulman
  • Alcoa
  • Norsk Hydro
  • Johnson Matthey
  • ThyssenKrupp AG
  • Toray Industries Inc.
  • ArcelorMittal S.A.
  • Novelis Inc.

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Challenges and Opportunities:

While the advanced automotive materials market presents immense opportunities, it also faces challenges such as high manufacturing costs, limited scalability, and the need for standardized testing and regulations. Collaboration between automotive manufacturers, material suppliers, and research institutions is crucial to overcoming these challenges and driving innovation in the industry.

About Future Market Insights (FMI)

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

Contact Us:       

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Shaping Sustainability: Exploring the Growth Landscape of the Europe Molded Fiber Pulp Packaging Market

The rising adoption of sustainable and eco-friendly packaging solutions across industries such as food & beverages, electronics, cosmetics, and healthcare is a primary driving Europe Molded Fiber Pulp Packaging Market forward.

According to Future Market Insights, Europe Molded Fiber Pulp Packaging Market is estimated to be valued at US$ 2.6 billion in 2023. Total molded fiber pulp packaging sales across Europe are poised to surge at 5.7% CAGR  between 2023 and 2033, taking the overall market valuation to  US$ 4.5 billion  by 2033.

European firms are increasingly utilizing packaging solutions made from materials such as molded pulp, in response to the growing trend toward sustainability. The protective features which molded fiber pulp packaging provides to the electronics products, such as cushioning, void fill, and blocking & bracing, will increase sales of molded fiber pulp packaging in Europe during the forecast period.

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Similarly, growing preferences for environmentally friendly and easy-to-open packaging that provides excellent protection for electrical products will fuel molded fiber pulp packaging demand across Europe.

Drivers:

  1. Environmental Awareness: Growing concern for the environment has led to an increased demand for sustainable and eco-friendly packaging solutions like molded fiber pulp, which is biodegradable and recyclable.
  2. Consumer Preference: Many consumers are actively seeking products packaged in environmentally friendly materials, and molded fiber pulp aligns with this preference.
  3. E-commerce Expansion: The surge in e-commerce has driven the demand for protective and sustainable packaging materials for shipping products, and molded fiber pulp meets these requirements.
  4. Reduced Packaging Costs: Molded fiber pulp is often cost-competitive with other packaging materials, and its lightweight nature can help reduce transportation costs.

Key Takeaways from Europe Molded Fiber Pulp Packaging Industry

  • Based on molded pulp type, the transfer molded segment is projected to hold a  57.6%  share of Europe’s molded fiber pulp packaging market during the assessment period
  • By application, the primary packaging category is estimated to hold around  68.9%  of the market value share by the end of 2023.
  • By end use, the food & beverage segment is forecast to expand by 1.9 times during the assessment period.
  • The United Kingdom molded fiber pulp packaging market is forecast to expand at a CAGR of  6.8%  during the forecast period.
  • Germany is expected to account for around  19.9%  share of Europe’s molded fiber pulp packaging market in 2023.
  • France is likely to hold about  17.2%  share of the Europe market by the end of 2033.

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Key Market Players

  • Huhtamaki Oyj
  • International Paper Company
  • TRIDAS s.r.o.
  • PAPACKS SALES GmbH
  • Pulp-Tec Limited
  • PulpWorks, Inc.
  • TART
  • Dentas Paper Industry Inc.,
  • Zume Inc.
  • AR Packaging
  • Brødrene Hartmann A/S
  • Henry Molded Products
  • Primapack SAE
  • Robert Cullen Ltd
  • buhl-paperform GmbH
  • The Omni-Pac Group
  • Decapulp, SL
  • Pulpex Ltd
  • Sonoco Products Company

Industry by Category

By Molded Pulp Type:

  • Thick Wall
  • Transfer Molded
  • Thermoformed Fiber
  • Processed Pulp

By Product Type:

  • Trays
  • Drink Carriers
  • Boxes
  • End Caps
  • Plates
  • Bowls
  • Cups
  • Clamshell Containers

By Application:

  • Primary Packaging
  • Secondary Packaging
  • Edge Protectors

By End Use:

  • Consumer Durables
    • Mobile Phone
    • Television
    • Laptops
    • Tube Lights & Bulbs
    • Others (Air Conditioners, Refrigerators)

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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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Global Leukocyte Adhesion Deficiency Management Industry is slated to grow impressively to US$ 15.2 Billion by 2033, as per FMI

The global leukocyte adhesion deficiency management industry demand is expected to reach a valuation of US$ 8.09 billion in 2023 and is projected to reach US$ 15.2 billion by 2033, trailing a CAGR of 6.51% during the forecast period.  Surging number of research and development activities for improving the effectiveness of immunodeficiency therapeutics is expected to drive growth of the market during the forecast period. For instance, according to an article published by National Institute of Health (NIH) in May 2021, an investigational research study conducted in in U.S. and U.K. and supported by NIH showed that., 96% of children receiving new experimental lentiviral gene therapy for immunodeficiency diseases reported restored immune function.

Increasing advancements of technology in the field of genetics is anticipated to drive growth of the global leukocyte adhesion deficiency therapeutics market over the forecast period. For instance, according to an article published in the Genes & Diseases international scientific journal in March 2020, recent technological advancements such as next generation sequencing (NGS) have enabled researchers to explore newer genetic variations related to common variable immunodeficiency (CVID) in order to improve its diagnosis.

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On the other hand, growing number of various immunodeficiency diseases is also key factor driving the market growth. For instance, according to an article published in January 2021, titled ‘Primary immunodeficiency diseases treated with immunoglobulin and associated comorbidities’, it has been observed that chronic obstructive pulmonary disease-asthma (51.5%) was statistically significantly more common as a comorbid diagnosis in the primary immunodeficiency disease population, followed by rheumatoid disease (14%), deficiency anemia (11.8%), hypothyroidism (21.2%), lymphoma (16.7%), neurologic disorders (9.7%), arrhythmias (19.9%), electrolyte disorders (23.6%), coagulopathies (16.9%), and weight loss (8.4%). These

Key Takeaways:

  • North America is expected to dominate the industry while reaching market share of around 40.5% by end of the forecast period.
  • The market in Asia Pacific is projected to reflect fastest CAGR of 6.9% during the projected timeline.
  • By treatment type, the hematopoietic stem cell transplantation segment is expected to dominate the industry with a market share of 38% by 2033.
  • Hospitals are projected to account for 71% market share by end-user, by end of 2033.
  • United States is expected to dominate the market of leukocyte adhesion deficiency treatment market in the region of North America.
  • In Asia-Pacific, China is projected to lead the market with a CAGR of 6.1% during the forecast period.

“Mounting research and development activities and increasing practices of utilizing stem-cell transplantation therapies to treat leukocyte adhesion deficiency will propel market during the forecast period,” comments an FMI Analyst

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Competitive Landscape:

The global Leukocyte adhesion deficiency management market is highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition. The major players in the market are:

  • Orpha Labs
  • Avalo Therapeutics, Inc.
  • Rocket Pharmaceuticals Inc.
  • Sigma-Aldrich
  • Aspen Neuroscience
  • Magenta Therapeutics
  • Rubius Therapeutics
  • Enochian Biosciences
  • Sana Biotechnology
  • Vertex Pharmaceuticals

Some Recent Developments In The Market Are:

  • In September 2022, Lactiga Therapeutics raised USD 1.6 million in oversubscribed pre-seed financing for developing therapeutics for patients with primary immunodeficiency diseases.
  • In April 2022, Pharming Group N.V. presented positive data from the pivotal Phase II/III trial of leniolisib for the treatment of activated phosphoinositide 3-kinase delta (PI3Kδ) syndrome (APDS), a primary immunodeficiency.

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Key Segments Profiled in the Leukocyte Adhesion Deficiency Management Industry Survey:

By Treatment:

  • Hematopoietic Stem Cell Transplantation
  • Recombinant Human Interferon-gamma Treatment
  • Prophylactic Immunoglobulin Therapy
  • Antimicrobial Therapy
  • Prophylactic Therapy
  • Fucose Supplementation
  • Monoclonal Antibodies
  • Coagulation Factors

By End Users:

  • Hospitals
  • Specialty Clinics
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • 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.

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 Continuous Glucose Monitoring Devices Industry is on the verge of substantial growth, targeting a US$ 16.8 Billion valuation by 2033 | FMI

According to a recently published global continuous glucose monitoring device industry growth analysis report by Future Market Insights, the market’s global sales in 2023 were estimated to be US$ 5.5 billion. The market is anticipated to grow at a CAGR of 11.9% from 2023 to 2033, reaching a valuation of US$ 16.8 billion. With a CAGR of roughly 11.6% from 2023 to 2033, the sensor component is anticipated to generate the most income.

The Continuous Glucose Monitoring Device Market has experienced significant growth and innovation in recent years, revolutionizing the way individuals manage their diabetes. CGM devices are advanced medical technologies designed to provide real-time and continuous monitoring of glucose levels in the bloodstream, offering a more accurate and comprehensive understanding of a person’s glucose fluctuations compared to traditional finger stick measurements. This technology has proven to be particularly valuable for people with diabetes, enabling them to make timely and informed decisions about their diet, exercise, and insulin dosing.

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The CGM market’s growth can be attributed to several factors, including the increasing prevalence of diabetes worldwide, the growing demand for non-invasive glucose monitoring solutions, and the continuous efforts of manufacturers to improve device accuracy, convenience, and user experience. As a result, the market has witnessed the development of smaller, more comfortable, and longer-lasting CGM sensors that require less frequent calibrations and offer seamless data integration with smartphones and other electronic devices.

Healthcare providers also benefit from the CGM technology, as it allows them to remotely monitor patients’ glucose levels and adjust treatment plans more effectively. Additionally, the data generated by CGM devices have the potential to drive insights for better disease management and treatment development, contributing to the ongoing research and advancement of diabetes care.

Despite the promising growth and positive impact of CGM devices, challenges remain, including issues related to device affordability, insurance coverage, and data accuracy. As the market continues to evolve, it is expected that these challenges will be addressed through technological advancements, regulatory developments, and increased awareness of the benefits of continuous glucose monitoring.

Key features and benefits of CGM devices include:

  • Continuous Monitoring: CGM devices provide real-time glucose readings at regular intervals (usually every few minutes) throughout the day and night, enabling users to track their glucose levels without the need for frequent fingerstick testing.
  • Data Trends: CGM devices offer insights into glucose trends, helping users understand how their glucose levels change in response to various factors such as meals, physical activity, and medication.
  • Alerts and Alarms: CGM devices can be programmed to provide alerts and alarms when glucose levels are too high (hyperglycemia) or too low (hypoglycemia), helping users take timely corrective actions to avoid severe complications.
  • Data Sharing: Many CGM devices allow users to share their glucose data with healthcare professionals, caregivers, or family members, enabling remote monitoring and intervention when necessary.
  • Improved Diabetes Management: By having a better understanding of their glucose patterns, users can make informed decisions about insulin dosing, dietary choices, and physical activity to maintain optimal glucose control.

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The CGM device market has seen significant growth in recent years due to the increasing prevalence of diabetes, technological advancements, and the growing demand for better diabetes management solutions. The market includes several well-established companies as well as newer entrants, each offering various features, accuracy levels, and form factors to cater to the diverse needs of individuals with diabetes.

Key Companies Profiled:

  • A. Menarini Diagnostics
  • Echo Therapeutics, Inc.
  • Abbott Laboratories
  • Bayer AG
  • Dexcom, Inc.
  • F. Hoffmann-La Roche Ltd.
  • GE Healthcare
  • GlySens Incorporated
  • Insulet Corporation
  • Johnson & Johnson
  • LifeScan
  • Medtronic plc
  • Medtrum Technologies, Inc.
  • Microchip Technology Inc.
  • Micron Technology Inc.
  • Nemaura Medical, Inc.

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Segments Covered in Continuous Glucose Monitoring Device Industry Analysis:

By Component:

  • Transmitters
  • Sensors
  • Receivers

By End-Use:

  • Hospitals
  • Home Care
  • Other End-uses

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • 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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Global Encephalitis Treatment Industry is poised for substantial expansion, projected to reach US$ 34.08 Billion by 2033, with Encephalitis Recovery innovations as the driving force | FMI

The global encephalitis treatment industry demand is projected to expand at a moderate CAGR of 5.4% from 2023 to 2033. The market is set to reach a valuation of US$ 34.08 billion by 2033, rising from US$ 20.14 billion in 2023. The rapid technological progress of the healthcare sector, rising cases of encephalitis, and a surge in favorable initiatives to treat and manage the condition are certain factors that are responsible for the steady growth of the encephalitis treatment market during the period of observation.

Encephalitis is defined as an infection or an inflammatory response of the tissues of the brain which can be caused by a viral infection, bacterial infection, autoimmune inflammation, and insect bites among others. The main objective of encephalitis treatment is to lessen the swelling and avoid further complications. An upsurge in the prevalence of encephalitis cases, in addition to increasing programs and initiatives to treat the condition, is anticipated to aid the growth of the encephalitis treatment market in the forthcoming years.

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The high mortality and morbidity rates associated with encephalitis propel the encephalitis treatment market forward during 2023 and 2033. Again, the rise in government initiatives for vaccination programs further facilitates the growth of the market. Due to the continuous rise in encephalitis cases, it is important that more and more individuals should opt for immunization measures. This will likely boost the prospects for the market. Moreover, the rising cases of cancer will also facilitate market growth. This is owing to the fact that when the body is fighting cancer, certain immune responses might trigger encephalitis which has a positive impact on the encephalitis treatment market.

During the forecast period, rising investment in the healthcare infrastructure, growing initiatives by private and public organizations to spread awareness regarding the condition and its treatment options, surging demand for effective therapies, and growing expenditure on public health programs will shape the target market. Other factors like high disposable income, shifts in lifestyles, a growing geriatric population, and increasing research and development activities will stimulate the expansion of the encephalitis treatment market size in the next couple of years.

Key Takeaways:

  • A dearth of trained professionals, high treatment costs, and poor healthcare infrastructure, especially in low-income countries, may impede the growth of the encephalitis treatment market.
  • The encephalitis treatment market in the US will expand at a CAGR of 5.2% during the assessment period.
  • Europe will emerge as an attractive pocket for the encephalitis treatment market due to increasing investment in the healthcare sector with the U.K recording a CAGR of 5.1% during the observation period.
  • By end-users, the hospital segment will generate the highest revenue and account for 50.5% of the market share in 2023.

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Competitive Landscape:

  • Allergan
  • Merck & Co., Inc.
  • Pfizer Inc.
  • GlaxoSmithKline plc
  • Melinta Therapeutics LLC
  • Basilea Pharmaceutica Ltd.
  • Abbott Laboratories
  • F. Hoffmann-La Roche Ltd.
  • Teva Pharmaceutical Industries Ltd.
  • Sanofi

Are some of the key players in the encephalitis treatment market profiled in the full version of the report?

Predominant market players are keen on product upgrades and development as well as on releasing new products. These organizations also engage in strategic agreements, and different organic and inorganic business strategies to strengthen their market footprints.

More Insights into Encephalitis Treatment Market: 

In its latest report, FMI offers an unbiased analysis of the global encephalitis treatment market, providing historical data from 2018 to 2022 and forecast statistics for 202 to 20. For a comprehensive understanding of the global market potential, growth, and scope, the market is segmented on the basis of treatment, end-users, and region.

According to the same reports, based on segmentation, the hospital end-user segment will prove to be immensely remunerative during this period owing to the growing adoption of advanced technology in hospital settings. Based on region, the Asia Pacific will emerge as an opportunistic market for encephalitis treatment. The target market in this region will grow at a CAGR of 5.1% due to a high prevalence of Japanese encephalitis across Asia Pacific. In terms of countries, the US, India, China, and Korea will also contribute significantly to the growth of the encephalitis treatment market during the forecast period.

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Key Segments Covered in the Encephalitis Treatment Industry Survey:

Encephalitis Treatment Market by Treatment:

  • Antiviral Agents
  • Steroid Injection
  • Antibiotics
  • Immunoglobulin Therapy
  • Plasmapheresis
  • Others

Encephalitis Treatment Market by End-Users:

  • Clinic
  • Hospitals
  • Others

Encephalitis Treatment Market by Region:

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

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About Future Market Insights (FMI)

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

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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Polyurethane Resins Paints and Coatings Market Projected to Reach US$ 52,468.87 Million by 2032

The polyurethane resins paints and coatings market exhibited significant growth, reaching a valuation of US$ 33,786.16 million in 2022, and is projected to maintain a steady compound annual growth rate (CAGR) of 4.5% throughout the forecast period. Anticipated to surge in value to US$ 52,468.87 million by 2032, this market’s expansion underscores the increasing demand for polyurethane-based solutions in the paints and coatings industry.

Polyurethane resins have emerged as a significant player in the global paints and coatings market, offering a versatile and durable solution for various applications. These resins are synthetic materials derived from the reaction of polyols and diisocyanates, creating a polymer with excellent adhesion, flexibility, and chemical resistance. Polyurethane resins paints and coatings find extensive use in industries such as automotive, construction, aerospace, and furniture, among others.

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Key Drivers of Polyurethane Resins Paints and Coatings Market:

  1. Durability and Performance: One of the primary reasons for the growing popularity of polyurethane resins is their exceptional durability and high-performance characteristics. These coatings provide robust protection against abrasion, chemicals, and harsh weather conditions, ensuring a longer lifespan for the coated surfaces.
  2. Versatility in Applications: Polyurethane resins can be formulated to meet specific requirements, making them suitable for a wide range of applications. From automotive finishes to industrial coatings and architectural paints, the versatility of polyurethane resins contributes to their widespread adoption across various industries.
  3. Environmental Regulations and Sustainability: With an increasing focus on environmental regulations and sustainable practices, polyurethane resins manufacturers have developed formulations that are low in volatile organic compounds (VOCs) and hazardous air pollutants. This aligns with global efforts to reduce environmental impact and adhere to stringent regulations.
  4. Rising Construction Activities: The construction industry, a major consumer of paints and coatings, has witnessed significant growth globally. Polyurethane resins, with their ability to provide weather-resistant and durable finishes, are increasingly being utilized in architectural coatings for both residential and commercial construction projects.
  5. Automotive Sector Growth: The automotive industry demands coatings that not only enhance aesthetics but also provide protection against harsh environmental conditions. Polyurethane resins are preferred for automotive coatings due to their ability to withstand UV radiation, chemicals, and mechanical stress, contributing to the growth of the market.

Regional Outlook:

The market for polyurethane resins paints and coatings is geographically diverse, with North America, Europe, Asia-Pacific, and Latin America being key regions. The Asia-Pacific region, driven by rapid industrialization and infrastructure development, is expected to witness substantial growth in demand.

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Top Key Players in the Polyurethane Resins Paints and Coatings Market

  • BASF SE
  • Sherwin Williams
  • Henkel
  • Lubrizol
  • DSM
  • Arkema

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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BRIC Performance Coatings Market Growth Trajectory, Expected to Achieve a 5.3% CAGR, Reaching US$ 160.7 Billion by 2032

The BRIC performance coatings market is poised for substantial growth, projecting a revenue of US$ 95.9 billion in 2022 and anticipated to expand at a commendable Compound Annual Growth Rate (CAGR) of 5.3%. Forecasts predict a remarkable surge in market size, reaching US$ 160.7 billion by 2032. This robust growth can be attributed to increasing industrial activities, rising demand for high-performance coatings in various sectors, and the ongoing technological advancements within the BRIC nations – Brazil, Russia, India, and China

As these countries experience rapid industrialization and infrastructure development, the demand for high-performance coatings has witnessed substantial growth. Performance coatings play a crucial role in protecting surfaces from corrosion, weathering, and other environmental factors while providing aesthetic appeal.

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Market Dynamics:

  1. Rapid Industrialization and Urbanization:
    • The BRIC nations are undergoing rapid industrialization and urbanization, driving the demand for performance coatings in various sectors such as automotive, construction, and manufacturing.
  2. Infrastructure Development:
    • Infrastructure projects, including highways, bridges, and public buildings, are on the rise in these countries. Performance coatings are essential for protecting these structures from harsh weather conditions and enhancing their longevity.
  3. Automotive Sector Growth:
    • The automotive industry in BRIC countries is expanding, with increasing vehicle production and a growing middle-class population demanding high-quality finishes and coatings for their vehicles.
  4. Technological Advancements:
    • Continuous advancements in coating technologies, such as nanotechnology and eco-friendly formulations, are driving innovation in the BRIC performance coatings market.
  5. Environmental Regulations:
    • Stringent environmental regulations are encouraging the adoption of eco-friendly and low-VOC (volatile organic compound) coatings, promoting sustainability in the performance coatings industry.

Key Players:

Major players in the BRIC performance coatings market include multinational corporations and regional players, such as AkzoNobel, PPG Industries, Asian Paints, Jotun, and Nippon Paint. These companies focus on product innovation, strategic partnerships, and geographical expansion to maintain a competitive edge.

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Market Segmentation:

  1. By Resin Type:
    • Alkyd, acrylic, enamel, epoxy, primer, and others. Each resin type offers unique properties, catering to diverse application requirements in the automotive, construction, and industrial sectors.
  2. By End-Use Industry:
    • Automotive, construction, aerospace, marine, and industrial machinery. The diverse applications of performance coatings across these industries contribute to market growth.

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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Flame Retardant Masterbatch Market Set to Achieve a Strong CAGR of 10.2%, Reaching US$ 6,684.23 Million by 2032

The global flame retardant masterbatch market is poised to exhibit a robust compound annual growth rate (CAGR) of 10.2% throughout the forecast period, showcasing significant expansion prospects. With a current valuation of US$ 2530.67 million in 2022, the market is anticipated to witness substantial growth, reaching a projected value of US$ 6684.23 million by the year 2032.

Flame retardant masterbatches play a pivotal role in enhancing the fire resistance of various polymer-based materials, finding widespread application across industries such as construction, automotive, electronics, and textiles. As safety regulations become more stringent and consumer awareness increases, the flame retardant masterbatch market has witnessed substantial growth in recent years.

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Key Factors Driving Growth:

  1. Stringent Safety Regulations: Governments worldwide are implementing stringent regulations to ensure fire safety in various industries. Flame retardant masterbatches play a crucial role in helping manufacturers meet these regulatory standards, driving the demand for these additives.
  2. Rising Awareness of Fire Safety: Increased awareness among consumers about the importance of fire safety has led to a surge in demand for flame retardant materials. Industries, especially construction and automotive, are prioritizing fire-resistant solutions to enhance overall safety standards.
  3. Technological Advancements: Ongoing research and development efforts have led to the development of advanced flame retardant masterbatch formulations. These innovations not only improve the fire resistance of materials but also address concerns related to environmental impact and sustainability.

Top Key Players in the Flame Retardant Masterbatch Market

  • Albemarle Corporation
  • Ampacet Corporation
  • BASF SE
  • Clariant International AG
  • Cromex S/A
  • DIC Corporation
  • Dongguan GreenTech Plastics Co., Ltd
  • DOVER CHEMICAL CORPORATION
  • FERRO-PLAST Srl
  • LANXESS AG
  • Nouryon
  • Polyplast Muller GmbH
  • Polytechs
  • Tosaf

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Market Segmentation:

By Type:

  • Halogenated Flame Retardant Masterbatch
  • Non-Halogenated Flame Retardant Masterbatch

By End-Use Industry:

  • Construction
  • Automotive
  • Electronics
  • Textiles

By Region:

North America
Europe
Asia-Pacific
Latin America
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.

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