Market Research Blog – Page 3908 – New Product Development

Global Surgical Scissors Industry Set for Remarkable Expansion to US$501 Million by 2032, Riding a 2.9% CAGR Wave | FMI

The Global Surgical Scissors Industry is on the cusp of a transformative journey, forecasted to attain an impressive revenue milestone of US$501 million by the year 2032. This trajectory reflects a consistent Compound Annual Growth Rate (CAGR) of 2.9% from 2022 to 2032, highlighting the industry’s robust and sustained expansion.

From a 2022 valuation of US$367.3 million, this projected upswing underscores the escalating demand for Surgical Scissors across a spectrum of surgical procedures. The surge is not only indicative of growing healthcare needs but is also fueled by an increasing preference for minimally invasive surgical treatments.

One of the driving factors behind this remarkable growth is the growing trend of adopting minimally invasive surgical techniques. The Global Surgical Scissors Industry is witnessing a paradigm shift, with manufacturers leveraging computer-aided modeling to craft scissors designed with precision and efficiency, featuring enhanced eye rings.

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Other factors influencing the market positively include the demand for cost-effective and strong surgical instruments, the expanding geriatric population in need of various surgical procedures, and the ease of sterilization of scissors that can endure intense heat and radiation. The risk of infection from contaminated scissors, on the other hand, may stifle market expansion.

“Increasing surgical procedures coupled with the introduction of enhanced surgical equipment will likely supplement market growth of Surgical Scissors over the forecast period,” says an FMI analyst.

Global Surgical Scissors Industry Key Takeaways:

Growing demand for minimally invasive surgical treatments, as well as the introduction of enhanced Surgical Scissors, will expand market opportunities.
Fear of contamination could stifle market growth.
One of the most profitable market categories is reusable Surgical Scissors.
North America controls around 33.6% of the global market.
The Asia Pacific region accounts for 29.7% of the total market.

Global Surgical Scissors Industry Competitive Landscape

KLS Martin LP, B. Braun Melsungen AG, Erbe Elektromedizin GmbH, Scanlan International, Lamidey Noury Medical, DTR Medical Ltd, Purple Surgical International Ltd, Sklar Surgical Instruments, and Accurate Surgical & Scientific Instruments Corporation among others are some of the major players in the Global Surgical Scissors Industry that are profiled in the full version of the report.

A highly competitive market is characterized by the presence of both well-known established businesses and start-ups. These market participants are concentrating on improving their existing items as well as producing new and innovative products, thereby growing their product portfolios. To achieve a competitive advantage, newer enterprises in the industry may form alliances and collaborate with regional players.

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More Insights into the Global Surgical Scissors Industry Report

In its latest report, FMI offers an unbiased analysis of the Global Surgical Scissors Industry, providing historical data from 2016 to 2021 and forecast statistics for the period 2022 to 2032. To understand the global market potential, growth, and range, the market is segmented based on material type (steel, ceramic, tungsten, titanium, others), product type (reusable Surgical Scissors, disposable Surgical Scissors), end-users (hospitals, ambulatory surgical centers, clinics, home care settings, others), and region.

According to the most recent FMI data, the North American Surgical Scissors industry is predicted to account for around 33.6% of the global market based on geographical growth. The presence of a large number of medical centers and improved healthcare infrastructure is contributing to the regional market’s growth. The United States market is a primary driver of growth, as demand for the target product rises in numerous states across the country. Over the assessment period, the US industry is expected to give attractive prospects to established market players.

The Asia Pacific Surgical Scissors market accounts for 29.7% of the total market. This expansion can be ascribed to the presence of a large patient pool as well as an increase in the number of surgical operations. Furthermore, supportive government regulations in countries like as China and India are expected to make this region the fastest-expanding market for Surgical Scissors sales during the projection period.

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Key Segments in the Global Surgical Scissors Industry

By Material Type:

Steel
Ceramic
Tungsten
Titanium
Others

By Product Type:

Reusable Surgical Scissors
Disposable Surgical Scissors

By End User:

Hospitals
Ambulatory surgical centers
Clinics
Home care settings
Others

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 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 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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Global Scoliosis Management Industry Set to Achieve a 3.9% CAGR, Surpassing US$ 4,489.0 Million by 2032 | Reports FMI

The Global Scoliosis Management Industry is poised for substantial growth, unveiling a promising future as per the latest market analysis conducted by [Your Company/Research Firm]. Forecasts reveal a robust Compound Annual Growth Rate (CAGR) of 3.9% throughout the forecast period, propelling the market from US$ 2,942.8 million in 2022 to an impressive valuation of US$ 4,489.0 million by 2032.

Scoliosis, a medical disorder characterized by deformities in the spine, particularly sideward curvature forming an S or C shape, is garnering increased attention in the healthcare sector. This condition typically manifests during the pre-puberty phase. The primary causes of scoliosis are associated with disorders such as muscular dystrophy and cerebral palsy, which are prevalent conditions contributing significantly to the occurrence of scoliosis. Despite these known causative factors, the etiology of scoliosis in some cases remains unknown.

however, if untreated or unresolved may lead to severe deformities. Scoliosis results in reduced space within the chest cavity, thus, causing difficulties in the proper functioning of the lungs. Other factors such as environmental factors and genetic factors can also cause scoliosis. In addition, scoliosis management consists of complex procedures for correcting the shape of the spine, and management steps are selected based on the level of severity of the disorder and bone maturity coupled with the degree of progression of scoliosis which may differ in males and females. For scoliosis management, braces, physical therapies such as exercise, self-care, and leisure, alternative medicines, and surgeries are often used.

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Global Scoliosis Management Industry: Drivers and Restraints

The scoliosis management market growth is mainly driven by the increasing prevalence of scoliosis in the global population. For instance, according to the estimates of the National Scoliosis Foundation (NSF), approximately 2–3% of the population is suffering from scoliosis in the U.S. alone with estimates of six to nine million people. In addition, nearly 600,000 patient visits to private facilities, more than 30,000 adolescents using braces, and approximately 38,000 patients have undergone spinal fusion surgeries. All these factors are responsible for driving the overall growth of the Global Scoliosis Management Industry. However, factors such as the high cost of treatment or procedures can impede the market growth. Moreover, other factors such as a lack of skilled professionals, unfavorable reimbursement policies, and limited understanding of the disorder and available treatment options are also hampering the overall growth of the Global Scoliosis Management Industry.

Global Scoliosis Management Industry: Overview

The Global Scoliosis Management Industry is expected to show tremendous growth during the forecast period. Scoliosis is mainly diagnosed by using X-ray technology and aids in the calculation of a degree of curvature. Scoliosis management is based on the degree or pattern of curvature of the spine, age, type of scoliosis, and level of progression. In early cases of scoliosis, observation is done for 4 -5 months. Scoliosis is a common medical condition of the spine in adolescents and creates an ample opportunity for market participants to invest in scoliosis management because scoliosis has a high prevalence and incidence rate in the overall population, resulting in demand for better treatment and management options.

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Scoliosis Management Industry: Region Wise Outlook

Geographically, the Global Scoliosis Management Industry can be segmented as North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, and the Middle East & Africa. North America is expected to hold the largest market share followed by Western Europe owing to factors such as the presence of more sophisticated healthcare infrastructure, increasing awareness among the population, and higher prevalence. In addition, other factors such as high R&D expenditure by governmental bodies, and the availability of favorable reimbursement policies in these regions boost the overall growth of the scoliosis management market.

The market in Asia-Pacific excluding the Japan region is estimated to grow at the fastest CAGR over the forecast period owing to increasing healthcare expenditure, and easy availability of management options. Moreover, consistent technological advancement and product launches in this region also boost the growth of the scoliosis management market. However, regions such as Latin America, and Middle East, and Africa show stagnant growth during the forecast year owing to the dearth of skilled personnel and low per capita healthcare expenditure in these regions, apart from a lack of awareness about the disease.

Global Scoliosis Management Industry: Key Players

Some of the market participants in the Global Scoliosis Management Industry are Boston Orthotics & Prosthetics, Chaneco, Original Bending Brace, Orthotech, Trulife, L.A. Brace, Össur, DJO, LLC, Wilmington Orthotics & Prosthetics, Inc., Lawall Prosthetics and Orthotics, Horton’s Orthotics & Prosthetics, Aspen Medical Products, UNYQ, C H Martin Company, Optec USA, Inc., Spinal Technology, Inc., Ortholutions GmbH & Co. KG, Wellinks, Inc., and Pro-Tech Orthopedics.

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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.

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Global Revision Knee Replacement Industry Projected to Scale US$2 Billion by 2032, Fueled by 4.1% CAGR | FMI

The Global Revision Knee Replacement Industry is gearing up for a substantial leap, with projections indicating a remarkable surge from the current valuation of US$1.3 billion in 2022 to an anticipated US$2 billion by 2032. This robust growth is underlined by a noteworthy compound annual growth rate (CAGR) of 4.1%, showcasing the market’s resilience and untapped potential.

Revision knee replacement, also known as revision total knee arthroplasty, is a transformative procedure in which an already implanted artificial knee joint, or prosthesis, is replaced with a new prosthesis. This process also incorporates the use of bone grafts, which can either be autografts harvested from the patient’s body or allografts sourced from donors.

The primary objectives of revision knee replacement encompass relieving pain in the affected area, restoring the mobility of the patient, and addressing loose or damaged prostheses. While total knee replacement surgery is often successful, over time, various factors can lead to its failure, necessitating the need for revision knee replacement. This procedure shares the same overarching goals as its predecessor – relieving pain and improving functionality.

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Revision knee replacement surgeries are more complex and take longer time and extensive planning and specialized implants and tools are required to achieve better results. There are various types of revision surgery. In certain cases, only implants or components are replaced. Other times all three components- tibia, femoral, and patellar need to be replaced, and the bone around the knee needs to be rebuilt with a metal piece or bone graft.

The major step in revision surgery is the removal of the old femoral component. After the removal of the metal shell in the femoral, the damaged bone is scraped off and the femur bone is reshaped. If the bone is weak, the cavity inside the femur is filled with bone grafts.

Global Revision Knee Replacement Industry: Drivers and Restraints

The revision knee replacement is expected to grow due to the increasing rate of old age diseases like obesity arthritis, sports-related injuries, osteoporosis, diabetes, and the aging population. However, existing and upcoming advancements in the technology in the revision knee replacement such as minimally invasive surgery and better implant materials are the factors that drive the Global Revision Knee Replacement Industry globally.

Increasing investment in the healthcare sector also drives the market of the revision knee replacement market. Despite the widely used procedures for curing disease, the Global Revision Knee Replacement Industry is facing challenges such as economic slowdown which is forcing patients to reconsider elective surgeries when conservative medical treatments such as viscosupplementation may ease the pain. High-cost surgery, and growing awareness for non-surgical treatment methods such as exercise, walking aids, and weight loss inhibit the market of the revision knee replacement market.

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Global Revision Knee Replacement Industry: Overview

Global Revision Knee Replacement Industry is one of the most effective and widely used to relieve the pain of arteritis. Technological advancement in the knee replacement market such as minimally invasive implant materials and their success rate allow even the younger generation to undergo revision knee replacement.

The revision of knee replacement promotes technologies such as 3D-printed knee implants. The emerging Global Revision Knee Replacement Industry due to advancements in the technologies and new product launches. The manufacturing companies are raising their respective market share with the help of marketing activities and growing awareness among the people.

Key Companies Profiled:

Smith & Nephew Plc
Wright Medical Group, Inc
Zimmer Holdings
Biomet, Inc.
Exactech
Stryker Corporation
DePuy Companies, Inc
B. Braun Melsungen AG
DJO Global
Ortho Development
Limacorporate S.p.a.
SURGIVAL INTERNATIONAL
BEZNOSKA

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Key Segments

By Product Type:

Three Compartmental
Uni-compartmental

By Fixation Type:

Cemented
cement less

By End User:

Hospitals
Orthopaedic and Prosthetic Clinics
Others

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)

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Nandini Singh Sawlani

Food Service Industry Drives Growth: Biodegradable Disposable Tableware Market Surges at 6.5% CAGR, Fueled by Convenience and Environmental Awareness

The future growth trajectory of the Biodegradable Disposable Tableware Market appears promising, propelled by several key factors contributing to sustainability and environmental consciousness. With a projected Compound Annual Growth Rate (CAGR) of 6.4% between 2022 and 2030, the market is anticipated to reach a significant valuation of US$ 18 billion by 2030.

The food service industry emerges as a key end-user, driving market share growth owing to the convenience and hygiene offered by biodegradable disposable tableware. Increasing environmental awareness among consumers has sparked a significant shift in attitudes toward sustainability, leading to a rising demand for eco-friendly packaging solutions.

Biodegradable disposable tableware, known for being lightweight, hygienic, and convenient, presents an ideal solution for the food service sector, offering cost-effective alternatives to traditional glassware. As consumers increasingly recognize the positive environmental impact of sustainable practices, the market is poised to witness sustained growth, with biodegradable materials gaining favor among environmentally conscious consumers and businesses alike.

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Industry Trends:

Increased Environmental Awareness: As global awareness of environmental issues rises, there is a growing preference for biodegradable disposable tableware over traditional plastic alternatives. Consumers are seeking eco-friendly options to reduce their ecological footprint.
Stringent Government Regulations: Governments worldwide are implementing stricter regulations to reduce single-use plastic waste. This regulatory environment creates opportunities for biodegradable tableware manufacturers, as businesses and consumers seek compliant and sustainable alternatives.
Rise in Sustainable Practices: Businesses across industries are adopting sustainability as a core value. The biodegradable disposable tableware market benefits from this trend as restaurants, catering services, and event planners opt for eco-friendly alternatives to align with their sustainable practices.
Innovations in Material Science: Ongoing research and development in material science are leading to innovations in biodegradable materials. From plant-based plastics to alternative fibers, advancements in material technology contribute to the continuous improvement of biodegradable tableware, making it more durable and versatile.
Consumer Preference for Natural Aesthetics: There is a growing trend towards natural aesthetics and organic designs in disposable tableware. Biodegradable tableware manufacturers are responding by creating products that mimic the appearance and texture of traditional materials, providing an eco-friendly option without compromising on aesthetics.

Business Growth Drivers:

Eco-Friendly Brand Image: Companies adopting biodegradable tableware can leverage their commitment to sustainability to enhance their brand image. This eco-friendly positioning appeals to environmentally conscious consumers, leading to increased brand loyalty and positive word-of-mouth marketing.
Market Expansion in Foodservice Sector: The foodservice industry’s increasing adoption of biodegradable tableware, driven by consumer demand and regulatory pressures, creates a significant market opportunity. Establishing partnerships with restaurants, hotels, and catering services can drive substantial business growth.
Customization and Branding Opportunities: Offering customizable biodegradable tableware solutions allows businesses to cater to specific client needs. Brands can differentiate themselves by providing personalized options, attracting clients who seek unique and branded disposable tableware for events and promotions.
Cost Competitiveness with Traditional Alternatives: Improvements in manufacturing processes and increased demand have contributed to the cost competitiveness of biodegradable tableware compared to traditional alternatives. As economies of scale are realized, businesses can offer eco-friendly options without significantly impacting costs.
International Market Penetration: The global demand for sustainable and biodegradable products provides opportunities for businesses to expand their reach internationally. Strategic partnerships, distribution agreements, and market positioning can enable companies to tap into emerging markets and diversify revenue streams.

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Key Segments:

By Product

Plates
Bowls
Cups
Trays
Cutlery

By Material

Pulp & Paper
Bioplastics

By Packaging Application

Food
Beverages

By End-use

Commercial Use
Institutional Use
Household Use

Key Companies Profiled

Huhtamäki Oyj
Lollicup USA Inc.
Vegware Ltd.
Dart Container Corporation
Solia, Inc.
Hefty
Dixie Consumer Products LLC
Duni AB
Graphic Packaging International, LLC
Pacovis AG
Papstar GmbH
Dispo International
Genpak LLC
Natural Tableware
Eco-Products, Inc.

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Market Innovation:

Innovation within the Biodegradable Disposable Tableware Market has been pivotal, shaping a sustainable future for the food service industry. Advancements have focused on enhancing both functionality and eco-friendliness, reflecting a commitment to reducing environmental impact. One notable innovation is the development of novel materials that combine biodegradability with durability, ensuring that these tableware items maintain their integrity throughout usage. Additionally, there have been strides in design innovation, catering to aesthetic preferences while maintaining environmental responsibility.

Technological innovations in manufacturing processes have streamlined production, making biodegradable disposable tableware more cost-effective and accessible. Creative solutions such as plant-based coatings to enhance water resistance further contribute to the market’s appeal. As consumer awareness grows, innovations continue to play a crucial role in driving the adoption of biodegradable tableware, fostering a sustainable and responsible approach to dining experiences worldwide.

Author

Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.

Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.

About Future Market Insights (FMI)

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

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Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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T: +1-845-579-5705
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Global Kidney Stone Extraction Balloon Industry’s Ascension to US$902.2 Million by 2032 with an Impressive 6.5% CAGR | FMI

The Global Kidney Stone Extraction Balloon Industry is on the brink of a transformative era, with a projected compound annual growth rate (CAGR) of 6.5% from 2022 to 2032, soaring from an initial valuation of US$450.5 million in 2022 to an astounding US$902.2 million by 2032.

This unprecedented growth is propelled by the rising incidence of kidney stones, particularly among the aging demographic. As the global population continues to age, the demand for sophisticated and efficient extraction solutions has reached unprecedented levels, contributing significantly to the industry’s upward trajectory.

Kidney stone extraction balloons play a pivotal role by providing uniform and effective dilatation in the nephrostomy tract. Notably, the majority of these balloons are crafted from silicone, strategically designed to reduce friction between the balloon surface and internal body parts, ensuring optimal performance and patient comfort.

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A kidney stone extraction balloon is a surgical device intended for the expansion of ureteral strictures before the kidney stone extraction process via ureteroscopy. A kidney stone extraction balloon is composed of a balloon-like structure at the tip and is used for enlarging a narrow passage in the ureter or other related parts. The kidney stone extraction balloon is inserted in a deflated position and upon proper location, is inflated, and subsequently removed deflated.

The kidney stone extraction balloon is equipped with a guide wire that has to be placed in the ureter. In addition, followed by the dilation of stricture, the guide wire remains in position. The kidney stone balloon catheters are available based on the size of the balloon and shape. The inflation of the kidney extraction balloon is done with sterile water and air is often neglected as it may cause the balloon to float, and the presence of salinity in water may cause the deflation process to become complex due to the blockage in the inflation channel with crystals.

Global Kidney Stone Extraction Balloon Industry: Drivers and Restraints

The growth of the Global Kidney Stone Extraction Balloon Industry is generally driven by the increasing prevalence of kidney stones among the population. For instance, according to the estimates of the National Kidney Foundation (NKF) in the late 2000s, approximately one in ten people is suffering from kidney stones, nearly 8.8% of the total population is carrying kidney stones in the U.S. alone, and approximately 19% are men and 9% are women. In addition, other factors such as the rising incidence of high blood pressure, diabetes, and obesity in the general population, may increase the likelihood of developing kidney stones, and thereby, boost the growth of the kidney stone extraction balloon market.

However, factors such as the high cost of the instrument coupled with the high cost of the procedures are hampering the market growth of kidney stone extraction ballots. Furthermore, unfavorable reimbursement scenarios and scarcity of skilled professionals may result in impeding the growth of the Global Kidney Stone Extraction Balloon Industry.

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Kidney Stone Extraction Balloon Industry: Region-Wise Outlook

Geographically, the Global Kidney Stone Extraction Balloon Industry is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa. North America is projected to hold the largest market share, followed by Western Europe, primarily due to the increasing prevalence of kidney stone disorders. In addition, rising awareness among physicians, and conducive reimbursement policies are driving the growth of the kidney stone extraction balloon market in these regions.

The market in Asia Pacific is also expected to grow at a higher rate owing to increasing R&D expenditure by the government, increasing health care insurance policies, and a large population base is fuelling the growth of the Global Kidney Stone Extraction Balloon Industry. However, regions such as Latin America, Eastern Europe, the Middle East, and Africa are expected to show stagnant growth during the forecast period owing to the lack of sophisticated healthcare infrastructure, and the dearth of skilled professionals.

Key Companies Profiled:

C. R. Bard, Inc.,
Boston Scientific Corporation,
Coloplast Ltd.,
avascular SLU,
Cook Medical, Inc.,
Med Pro Medical B.V.,
Teleflex Incorporated,
NuAngle,
many others.

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Key Segments Profiled in the Global Kidney Stone Extraction Balloon Industry

Global Kidney Stone Extraction Balloon Industry by Type:

Nylon Kidney Stone Extraction Balloon
Silicone Kidney Stone Extraction Balloon
Other Kidney Stone Extraction Balloon

Global Kidney Stone Extraction Balloon Industry by Filler:

Liquid Kidney Stone Extraction Balloon
Air Kidney Stone Extraction Balloon

Global Kidney Stone Extraction Balloon Industry by End User:

Kidney Stone Extraction Balloon in Hospitals
Kidney Stone Extraction Balloon in Ambulatory Surgical Centers
Kidney Stone Extraction Balloon in Dialysis 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.

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Commercial Sector Dominance: Bagasse Tableware Market Poised for 6.9% CAGR Growth, Generating US$ 2,467.0 Million Incremental Opportunity by 2032

The future growth trajectory of the Bagasse Tableware Products Market is poised to be robust, fueled by increasing demand for sustainable and eco-friendly alternatives to traditional tableware materials. With a projected Compound Annual Growth Rate (CAGR) of 6.7% from 2023 to 2032, the market is anticipated to expand significantly, reaching a valuation of US$ 5,230.5 million by 2032.

Bagasse plates, in particular, are expected to witness continued high demand, driven by growing consumer preference for environmentally conscious dining options. The commercial sector, comprising restaurants, hotels, and catering services, holds a dominant market share of around 65.6% and is projected to continue thriving at a CAGR of approximately 6.9%.

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Moreover, the market is poised to capitalize on an incremental growth opportunity of US$ 2,467.0 million during the forecast period, reflecting a nearly twofold increase from current market value. As sustainability concerns continue to drive consumer choices, the Bagasse Tableware Products Market is well-positioned for sustained expansion and innovation in the years to come.

Industry Trends in the Bagasse Tableware Products:

Rising Demand for Eco-Friendly Alternatives: Growing environmental awareness is fueling the demand for sustainable and biodegradable tableware options like bagasse products. Consumers are increasingly seeking alternatives that minimize environmental impact, driving the market for eco-friendly solutions.
Regulatory Emphasis on Plastic Alternatives: Governments worldwide are implementing regulations to reduce single-use plastic usage. This trend is accelerating the adoption of bagasse tableware products as businesses seek compliant alternatives to traditional plastic, contributing to the overall market growth.
Innovation in Product Design and Variety: Continuous innovation in the design and variety of bagasse tableware is a notable trend. Manufacturers are introducing aesthetically pleasing and functional products, expanding the range beyond conventional plates and bowls to include cutlery, cups, and other items, catering to diverse consumer needs.
Growing Preference for Compostable Packaging: Consumers are showing a preference for tableware products that are not only biodegradable but also compostable. Bagasse, being a natural byproduct of sugarcane processing, aligns with this trend as it can break down organically, offering a sustainable end-of-life solution.
Increased Adoption in Food Service Industry: The food service industry is increasingly incorporating bagasse tableware due to its eco-friendly nature and positive consumer perception. Restaurants, catering services, and event planners are recognizing the market trend and shifting towards sustainable alternatives to enhance their environmental credentials.

Business Growth Drivers:

Consumer Environmental Consciousness: The growing awareness and concern for environmental issues drive consumers to choose products with minimal ecological impact. Bagasse tableware caters to this demand, providing businesses with a growth opportunity as they align with consumer values.
Corporate Sustainability Initiatives: Many businesses are adopting sustainability goals and seeking eco-friendly alternatives for their operations. Bagasse tableware aligns with corporate sustainability initiatives, presenting growth opportunities for manufacturers catering to businesses committed to reducing their environmental footprint.
Government Incentives and Regulations: Governments globally are providing incentives for businesses that adopt sustainable practices, while regulations are becoming more stringent on single-use plastics. Bagasse tableware manufacturers can benefit from these incentives and compliance requirements, driving growth in the market.
Partnerships and Collaborations: Collaborations between bagasse tableware manufacturers and key players in the food and beverage industry can drive business growth. Partnering with restaurants, catering services, and event planners creates opportunities to expand market reach and increase product adoption.
Technological Advancements in Manufacturing: Advances in manufacturing technologies for bagasse products, such as improved molding techniques and production efficiency, can drive growth. Streamlining the manufacturing process helps reduce costs, making bagasse tableware more competitive and appealing to a broader range of businesses

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Regional Analysis:

The ban on single-use plastics and the increasing environmental consciousness in Germany have fueled the sales of Bagasse Tableware Products. With the ban on single-use plastics implemented in 2021 by the European government, Germany has enforced restrictions on plastic items, encouraging the adoption of sustainable alternatives like bagasse tableware. The compostable and biodegradable nature of bagasse products aligns with Germany’s efforts to reduce plastic waste and comply with EU directives. Consequently, restaurants, hotels, and cafes are switching to bagasse packaging solutions, driving the market’s growth. Projected at a CAGR of 7.3% from 2023 to 2032, the German bagasse tableware market presents an incremental opportunity of US$ 139.9 million, reflecting the country’s commitment to sustainable practices and eco-friendly packaging solutions.

India emerges as a highly profitable market for Bagasse Tableware Products due to its abundant and cost-effective raw material supply. The availability of crushed sugar, a by-product of the sugar industry, facilitates the production of bagasse tableware at lower costs. With India’s substantial sugar production reaching around 350 MMT, bagasse product manufacturers benefit from affordable raw materials. Additionally, the government’s initiatives to curb plastic usage and promote eco-friendly packaging in the HoReCa sector further drive demand for bagasse tableware products in India. Forecasted to grow at a robust CAGR of 9.2%, India’s bagasse tableware market signifies a burgeoning market landscape fueled by accessibility to raw materials and environmental consciousness.

Key Companies Profiled

Vegware Ltd.
Green Good Pack Inc.
Pactiv Evergreen Inc.
Dart Container Corporation
Genpak, LLC
Material Motion, Inc
Natural Tableware
Eco-Products, Inc.
Karat by Lollicup
Dinearth
Pappco Greenware
Duni Group AB
Bio Futura B.V.
Detpak (Detmold Group)
Greenvale Eco Products
Shenzhen Zhiben Technology Group Co., Ltd.
GREENWEIMO
DevEuro Paper Products LLP
Shanghai Youngpac Biotech Ltd.
Jinhua Zhongsheng Fiber Products Co., Ltd.
Sorcit

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Market By Category:

By material type:

Plates
- Less than 8 inches
- 8 inches to 12 inches
- More than 12 inches
Bowls & Containers
- Less than 12 Oz
- 12 Oz to 16 Oz
- More than 16 Oz
Cups & Glasses
- Less than 6 Oz
- 6 Oz to 12 Oz
- More than 12 Oz
Trays & Clamshell
Cutlery (Spoons, etc.)

By application:

Food
- Fruits & Vegetables
- Processed Food
- Ready-to-eat meals
- Soups
- Others
Beverages
- Carbonated Beverages
- Non-carbonated Beverages
  - Tea & Coffee
  - Milk Products
  - Juices

By sales channel:

Indirect Sales
- Departmental & Discount Stores
- Hypermarket/Supermarket
- Specialty Stores
- Online Sales
Direct Sales

Author

About Future Market Insights (FMI)

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

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Nandini Singh Sawlani

Global MRI-Safe CRT Devices Industry to Skyrocket at 9.6% CAGR, Crossing the US$ 1511 Million Milestone by 2032 | Forecasts FMI Analysis

The Global MRI-Safe CRT Devices Industry, valued at US$ 550.5 million in 2022, is poised for a remarkable surge, reaching an estimated US$ 1511 million by 2032, marking a compelling Compound Annual Growth Rate (CAGR) of 9.6% during the forecast period.

The healthcare landscape is on the brink of transformation, with MRI-Safe Cardiac Resynchronization Therapy (CRT) devices emerging as a pivotal player in the evolution of cardiac care. FMI Analysis, a renowned market research firm, forecasts a substantial growth trajectory for the MRI-Safe CRT Devices Industry, driven by a confluence of factors.

Global MRI-Safe CRT Devices Industry Overview
MRI-safe cardiac resynchronization therapy is the method used to improve the heart’s efficiency by increasing the oxygen and blood flow rate in the body. Patients suffering from heart failure syndromes such as shortness of breath, fatigue, swelling of the feet and legs, diminished appetite, exercise intolerance, and depression or have developed arrhythmia benefit from MRI-safe cardiac resynchronization therapy devices.

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Clinical studies suggest that the use of MRI-safe cardiac resynchronization therapy devices has reduced the number of hospitalization cases and the morbidity rate and also leads to the improvement in the quality of patient’s life. Moreover, MRI-safe cardiac resynchronization therapy device treats patients with moderate as well as severe symptoms of heart failure and the effectiveness of the therapy is equal in both men and women.

The MRI-safe cardiac resynchronization therapy devices are implanted in the body. The device is a pocket-sized pacemaker and is implanted just below the collarbone. The leads from the device, monitor the heart rate to detect the heart rate abnormalities and transmit small pulses to resynchronize the heart’s ventricles. The therapy device improves the heart rhythm and the symptoms associated with arrhythmia.

Global MRI-Safe CRT Devices Industry: Drivers & Restraints
The global MRI-safe cardiac resynchronization therapy market is anticipated to experience an upsurge in the forecast period with the increasing prevalence of heart-associated disorders including congestive heart failure and cardiomyopathy. The effectiveness of the MRI-safe cardiac resynchronization therapy devices and their compatibility with medical resonance imaging has enhanced the overall market for MRI-safe cardiac resynchronization therapy devices market.

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The awareness programs conducted by various healthcare sectors as well as government organizations, for spreading the information related to heart and diseases related to it is driving the MRI-safe cardiac resynchronization therapy device market globally. However, the lack of trained and skilled professionals and the high cost of the cardiac resynchronization therapy device are restraining the growth of the MRI-safe cardiac synchronization therapy device market. In addition, the lack of interoperability of data formats is also the reason for restraining the growth of the MRI-safe cardiac resynchronization therapy device market.

Global MRI-Safe CRT Devices Industry: Overview
MRI-safe cardiac resynchronization therapy device defibrillators (CRT-D) incorporate the function of an implantable cardioverter-defibrillator, that quickly resynchronizes a life-threatening, abnormally fast heart rhythm. MRI-safe cardiac resynchronization therapy Pacemakers and Defibrillators have increasingly important therapeutic applications for patients with severe and moderate heart failure. The acute care treatment is projected to improve the global market for MRI-safe cardiac resynchronization therapy devices.

MRI-Safe CRT Devices Industry: Regional Overview
Based on geography, the global MRI safe cardiac resynchronization therapy device market is segmented into five key regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is slated to dominate the global MRI safe cardiac resynchronization therapy device market throughout the forecast period owing to the presence of skilled and trained professionals.

Europe is the next to hold the largest share in the global MRI-safe cardiac resynchronization therapy device market. The increasing healthcare expenditure in Europe’s Medical industry has forced various healthcare organizations to adopt new innovative technological advancements. Asia Pacific is projected to experience rapid growth in the global MRI safe cardiac resynchronization therapy device market with increasing prevalence cases of heart disorders and the rising awareness to overcome them.

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Global MRI-Safe CRT Devices Industry: Key Players

The major players in the global MRI-safe cardiac resynchronization therapy device market are St. Jude Medical, LLC, Medtronic, Scranton Gillette Communications, and Boston Scientific Corporation.

The report covers an exhaustive analysis on:

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

Key Segments Profiled in the Global MRI-Safe CRT Devices Industry Survey

By Product Type:

Defibrillator
Pacemaker

By Age Group:

Pediatric
Geriatric

By Indication:

Cardiomyopathy
Bradycardia
Electrocardiography
Congestive Heart Failure

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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)

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Nandini Singh Sawlani

Global Hepatitis C Virus (HCV) Testing Industry on an Upward Trajectory with 5.4% CAGR, envisioned to Achieve US$1.3 Billion by 2033 | FMI Report

Anticipated to reach a total value of US$ 785.3 million by the conclusion of 2023, the Global Hepatitis C Virus (HCV) Testing Industry is on the cusp of substantial growth. Projections for the period spanning 2023 to 2033 indicate a noteworthy Compound Annual Growth Rate (CAGR) of 5.4%, with the market expected to culminate at a valuation of US$ 1,326.7 million. This trajectory follows a significant value CAGR of 4.6% observed from 2018 to 2022.

The escalating burden of infectious diseases on the worldwide healthcare system stands as a pivotal consideration, particularly with developing nations shouldering a disproportionate proportion of this load. The prevalence of hepatitis C virus infection has surged over time, as noted by the Institute of Liver and Biliary Sciences India, revealing that approximately 3% of the global population is now afflicted by the hepatitis C virus.

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Global Hepatitis C Virus (HCV) Testing Industry: Drivers and Restraints

The growing incidence of hepatitis C virus infection is the major factor driving the growth of the global hepatitis C virus testing market. Inappropriate practices of blood donation are the major cause of the spread of hepatitis C virus infection. Hepatitis C screening is the mandatory screening test before organ donation, and growing organ donation programs across the globe are expected to push the market growth. Launch of point-of-care testing products for HCV testing increases demand for HCV testing kits. In 2010, the OraQuick HCV Rapid Antibody Test was approved by the FDA which is now largely being used as an alternative to enzyme immunoassay testing for HCV. The application of new electrochemical immunosensor and nanosensor technologies in HPV testing is expected to change conventional HPV testing practices. However, inadequate insurance coverage for hepatitis C testing and limited access to regular health care are the factors restraining the growth of the global hepatitis C virus testing market.

Global Hepatitis C Virus (HCV) Testing Industry: Overview

The prevalence of hepatitis C is low when compared to hepatitis A and hepatitis B. Thus little effort is being taken to develop novel tests for hepatitis C virus testing. Among all 3 test types, HCV antibody testing is expected to take the highest share in the global hepatitis C virus testing market, as antibody testing is the primary screening test for HCV testing and a large population undergoes routine HCV antibody testing. Among end users, the diagnostic centers end-user segment is expected to contribute the highest market share in the global HCV testing market.

Global Hepatitis C Virus (HCV) Testing Industry: Regional Outlook

Geographically, the hepatitis C virus testing market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. Western Europe is expected to dominate the global hepatitis C virus testing market over the forecast period due to the high incidence of HCV. Asia Pacific is expected to be the second-largest market for HCV testing. According to WHO, Eastern Mediterranean and European regions have the highest prevalence of HCV with a prevalence of 2.3% and 1.5%, respectively. HCV virus shows significant genetic variations in the global population due to the high rate of viral RNA mutation.

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Global Hepatitis C Virus (HCV) Testing Industry: Key Players

Some of the players identified in global hepatitis C virus testing market include OraSure Technologies, Inc., Abbott Laboratories Inc., Siemens Healthcare GmbH, Bio Rad Laboratories Inc., Ortho Clinical Diagnostic Inc. (Johnson & Johnson), Bayer AG, QIAGEN N.V., Thermo Fisher Scientific Inc., BioGenex, AccuQuick, Roche Diagnostics (H. Hoffman-La Roche Ltd.), STD Rapid Test Kits etc. among others.

The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an 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.

The report covers an exhaustive analysis on:

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

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX)
Eastern Europe (Russia, Poland, Rest Of Eastern Europe)
Asia Pacific Excluding Japan (China, India, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, Rest Of MEA)

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

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Global Hepatitis C Virus (HCV) Testing Industry: Segmentation

Tentatively, the Global Hepatitis C Virus (HCV) Testing Industry has been segmented based on test type, technique, end user, and geography.

Based on technique, the Global Hepatitis C Virus (HCV) Testing Industry is segmented as below:

Immunoassays
Polymerase Chain Reaction (PCR)
Others

Based on test type, the Global Hepatitis C Virus (HCV) Testing Industry is segmented as below:

HCV Antibody Tests
HCV Viral Load Tests
HCV Genotyping Tests

Based on end-user, the Global Hepatitis C Virus (HCV) Testing Industry is segmented as below:

Hospitals
Diagnostic Centers
Blood Donation Centers

Report Highlights:

Detailed overview of the 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
Must-have information for market players to sustain and enhance their market footprint.

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)

Contact Us:

Nandini Singh Sawlani

Global Postpartum Depression Management Industry at US$ 173.9 Million by 2032, Fueled by a Solid 3.8% CAGR | FMI

In 2022, the Global Postpartum Depression Management Industry witnessed significant strides, generating a revenue of US$ 115.1 million. Now, as we look toward the future, the industry is poised for even greater advancements, with projections indicating a remarkable growth trajectory to US$ 173.9 million by 2032.

This substantial growth forecast underscores the critical importance of addressing postpartum depression on a global scale. With millions of individuals affected each year, the demand for innovative solutions and comprehensive support networks has never been more pressing.

Global Postpartum Depression Management Industry Players:

SAGE Therapeutics Inc., Cipla Limited, Sun Pharmaceutical Industries Ltd., Anikem Laboratories, Intas Pharmaceuticals Ltd., and Mylan N.V., among others, represent the Global Postpartum Depression Management Industry. The market study depicts an extensive analysis of all the players running in the Postpartum Depression Management market report based on distribution channels, local networks, innovative launches, industrial penetration, production methods, and revenue generation. Further, the market strategies and mergers & acquisitions associated with the players are enclosed in the Global Postpartum Depression Management Industry report.

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Future Market Insights, in its latest business report, elaborates on the current situation of the Global Postpartum Depression Management Industry in terms of volume, value, production, and consumption. The report scrutinizes the market into various segments, end uses, regions, and players based on demand patterns, and future prospects.

Understanding the Impact of Covid-19 on Healthcare Industry

With the pandemic plaguing most countries across the globe, the healthcare industry is witnessing its fair share of ‘ups and downs’. COVID-19 has placed an enormous strain on the healthcare sector’s workforce, facilities, and infrastructure. Despite the endless pressure, the healthcare sector is growing at a moderate pace due to the improvement in infrastructure and advancement in technology, the healthcare sector is delivering a healthy performance.

The FMI’s latest report on the Global Postpartum Depression Management Industry gives a detailed analysis of the impact of COVID-19 with an incisive coverage of the innovative strategies adopted by the market players to survive the challenges due to the pandemic.

Critical Questions Answered in the Report

What are ongoing trends that will shape the market growth curve for the Global Postpartum Depression Management Industry?
What are the drivers and challenges affecting the Postpartum Depression Management market demand?
What are the recent technological advancements in the Global Postpartum Depression Management Industry?
What are key trends and opportunities that will prevail in the revenue growth of Global Postpartum Depression Management Industry players?
How will evolving regulatory policies impact market growth?
What is the impact of Covid-19 on the Global Postpartum Depression Management Industry?

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Global Postpartum Depression Management Industry: Segmentation

Segmentation by Treatment Type

Anti – Depressant Drugs
New Anti–Depressant Drugs
SAGE-547
Bupropion
Escitalopram
Fluoxetine
Paroxetine
Sertraline
Old Anti – Depressant Drugs
Amitriptyline
Desipramine
Doxepin
Tranylcypromine
Trimipramine
Psychotherapy
Interpersonal Psychotherapy (IPT)
Cognitive Behavioral Therapy (CBT)
Dialectical Behavioral Therapy (DBT)
Psychodynamic Psychotherapy
Eye Movement Desensitization and Reprocessing (EMDR)
Solution-Focused Brief Psychotherapy
Group Therapy
Couples Therapy

Segmentation by Distribution Channel

Hospital Pharmacies
Retail Pharmacies
Drug Stores
E-commerce

The regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, UK, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
The Middle East and Africa (GCC, S. Africa, N. Africa)

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The Global Postpartum Depression Management Industry research gets rid of the following queries:

How the market for Postpartum Depression Management is expected to shape in the coming ten years?
What strategies are the Postpartum Depression Management market vendors implementing to stay ahead of their rivals?
Why are consumers shifting towards alternative Postpartum Depression Management products?
What innovative technologies are the Postpartum Depression Management players using to get an edge over their rivals?
What are the restraints affecting the growth of the Global Postpartum Depression Management Industry?

Why Future Market Insights?

Comprehensive analysis of evolving purchase patterns 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 Global Postpartum Depression Management Industry
Detailed information about the product innovation, mergers, and acquisitions lined up in upcoming years
Groundbreaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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)

Contact Us:

Nandini Singh Sawlani

Global Pharmacy Refrigerators Industry Poised for Remarkable 5.8% CAGR Surge, envisioned to Hit US$ 1.03 Billion by 2032 | FMI

The Global Pharmacy Refrigerators Industry, valued at US$ 552.3 Million in 2022, is poised for a significant upswing, with projections indicating a remarkable leap to US$ 1.03 Billion by 2032. This anticipated surge reflects an impressive Compound Annual Growth Rate (CAGR) of 5.8% over the next decade.

In an era where chronic diseases are on the rise and organ transplant procedures are becoming more prevalent, the Pharmacy Refrigerators Market is experiencing an unstoppable trajectory toward expansion. This growth is further fueled by the intensification of genomics and pharmaceutical research activities, providing an additional impetus for market development.

One of the critical driving factors behind this surge is the industry’s response to the imperative need to mitigate thermal shock, a phenomenon that often leads to vaccine wastage. As the world grapples with the challenges of vaccine distribution and storage, pharmacy refrigerators play a pivotal role in maintaining the efficacy of vital medications.

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Additionally, optimal temperature, as well as hygiene, need to be maintained during the transportation and storage of blood as well as blood components. Pharmacy Refrigerators also guide against power outages and are built with alarm systems.

Hematological diseases like blood clots, hemophilia, blood cancers, and bleeding disorders are asking for plasma; thereby promulgating the growth of the pharma refrigerators market. The pandemic as well as the post-pandemic era saw the Pharmacy Refrigerators Market grow at an exponential rate and the trend still continues. This could be attributed to the preventive measures taken in the form of vaccines and medications being stored.

At the same time, the fact that local players are floating affordable alternative products can’t be ignored. This factor could restrain the Pharmacy Refrigerators industry. Also, the number of end-consumers preferring refurbished equipment is on the rise. This is another factor hampering the Global Pharmacy Refrigerators Industry.

Future Market Insights has entailed these facts with insights in its latest market study entitled ‘Global Pharmacy Refrigerators Industry’. It has its team of analysts and consultants to deploy a 360-degree approach in its primary, secondary, and tertiary modes of research.

“With financial and technical aid regarding the upgradation of healthcare infrastructure flowing from all across, the global Pharmacy Refrigerators industry is expected to grow on a splendid note in the forecast period”, says an analyst from Future Market Insights.

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Key Takeaways from the Global Pharmacy Refrigerators Industry

North America holds the largest market share with The US being subject to sizable investment in healthcare and hospital infrastructure. Plus, reduction in biological and pharmaceutical component waste is on the anvil.
Europe holds the second-largest market share with Germany leading from the front. This could be credited to the growing frequency of chronic diseases herein.
The Asia-Pacific is expected to grow at the fastest rate in the Global Pharmacy Refrigerators Industry going forward. This could be reasoned with Indonesia, China, and India witnessing a noticeable increase in demand for these refrigerators.

Competitive Refrigerators

Azbil Corporation, in March 2020, announced the launch of LyoQuest Arctic (a new-fangled laboratory freeze dryer operating with the help of natural gases.
B Medical Systems, in January 2020, announced tabling a novel medical refrigerator production facility.
Lec Medical has its Control Plus. It comes across as a novel range of pharmacy refrigeration measuring fridges as well as vaccine’s core temperature.
Helmer Scientific, in August 2019, came up with professional medical refrigerators abreast with OptiCool cooling technology in its line of GX Solution Refrigerators.
Helmer Scientific, in March 2021, put forth its very first medical-grade refrigerators containing OptiCool cooling system. The basic purpose is to address concerns related to patient samples, medication, blood, and storage of vaccines.

Global Pharmacy Refrigerators Industry Major Players:

Thermo Fisher Scientific, Helmer Scientific, B Medical System, Philipp Kirsch GmbH, Haier, Accucold, Aegis Scientific, BioMedical Solutions, Inc., Bionics Scientific Technologies (P) Ltd., Coldway and others

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Global Pharmacy Refrigerators Industry Key Segments:

By Temperature:

2° to 6°
2° to 8°
2° to 12°
2° to 20°
20° to -4°
25° to -10°
Up to -90°

By Application:

Hospitals
Pharmacies
Diagnostic Centers
Laboratories
Blood Banks

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)

Contact Us:

Nandini Singh Sawlani