Market Research Blog – Page 3975 – New Product Development

Global Fluorescent Brightening Agents Market accelerating at a CAGR of 9.5% over 2023

The global Fluorescent Brightening Agents (FBAs) market is poised for robust growth, projected to hit a market valuation of US$ 0.5 Billion by the close of 2023, with a compelling CAGR of 9.5% throughout the forecast period (2023-2033). The accelerating demand for FBAs is attributed to increased disposable incomes, evolving consumer preferences, and a surging need for high-quality products.

FBAs play a pivotal role in diverse industries, including paper and pulp, textiles, plastics, detergents, and cosmetics. Their widespread application enhances product brightness and whiteness, meeting the escalating demand for superior-quality goods across various sectors.

North America Driving FBA Market Expansion

In North America, the demand for FBAs is robust, propelled by key industries such as paper and pulp, textiles, plastics, and detergents. Consumers’ escalating desire for high-quality products, characterized by improved brightness and whiteness, is a key driver in the region. Furthermore, the adoption of FBAs in cosmetics and personal care products is contributing significantly to the overall market growth.

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The United States stands out as the largest market for FBAs in North America, benefiting from a dense concentration of end-use industries and major market players. Significant technological advancements within the FBA market, driven by substantial investments in research and development activities, further underscore the country’s dominance in the sector.

Asia-Pacific Emerges as a Flourishing FBA Market

Beyond North America, the Fluorescent Brightening Agents Market is flourishing in the Asia-Pacific region. The escalating demand for FBAs in emerging economies like India and China, coupled with rising disposable incomes and evolving consumer preferences, is fueling market expansion. The adoption of FBAs in cosmetics and personal care products is an additional growth catalyst for the FBA market in the region.

Dynamic Applications Propel FBA Market

Presently, FBAs find extensive use in the detergents and soap sector, enhancing clothing brightness and cleanliness. The superior cleaning properties of FBAs make them valuable in laundry and cleaning applications, extending their use as fabric softeners. Additionally, FBAs have penetrated the cosmetic industry and are employed as a bleaching additive in the paper and pulp sector. Their application has even extended to the security sector, with fluorescence distinguishing banknotes from counterfeit bills.

Market Dynamics: Challenges and Opportunities

Despite their widespread applications, the FBA market faces challenges, including potential health hazards such as skin and respiratory allergic reactions. Concerns about eye irritation and the non-biodegradable and toxic nature of FBAs present hurdles for market growth.

Fluorescent Brightening Agents Market: Key Participants

Some of the key market participants in the global Fluorescent brightening agents market, identified across the value chain include:

BASF SE
Huntsman International LLC
3V Incorporation
Teh Fong Min International Co., Ltd.
Deepak Nitrite Limited
Evonik Industries AG
Tsaker Chemical Group Ltd
Archroma
Clariant
Mayzo, Inc.
Delta Hydrocarbon
Kyung-In Synthetic Corporation

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Fluorescent Brightening Agents Market: Segmentation

The global Fluorescent brightening agents market can be segmented on the basis of chemicals and application.b

Chemicals:

Cinnamic acid
Coumarin
Dicarboxylic acid
Stilbene
Diphenylpyrazoline
Others

Application:

Paper
Ceramics
Textile
Cosmetics
Soaps & Detergents
Plastics
Security
Others

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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Website: https://www.futuremarketinsights.com
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Global Sheet Metal Market Anticipated to Reach US$ 467.76 Billion by 2033, Fueled by Automotive and Aerospace Industry Demands

The global Sheet Metal Market is poised for remarkable growth, with a projected market valuation of US$ 316 Billion by the end of 2023, soaring at a CAGR of 4% through 2033. The surge is attributed to the escalating demand for lightweight materials in the automotive and aerospace sectors, coupled with a rising preference for sustainable construction materials.

Driving Forces: The North American market, led by the USA and followed by Canada, stands as a major hub for Sheet Metal, primarily due to the concentration of automotive, construction, and aerospace industries. The region’s embrace of new technologies and increased demand from pivotal sectors like HVAC further propels market expansion.

Simultaneously, the Asia-Pacific region is witnessing robust growth in the Sheet Metal Market. Factors such as diverse applications, rapid industrialization, and urbanization, coupled with the burgeoning e-commerce sector’s demand for efficient logistics solutions, contribute to this surge. The region’s growing disposable incomes and vast consumer base further amplify market prospects.

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Market Dynamics: A recent Sheet Metal market study provides a comprehensive analysis of key players’ business models, strategies, and market shares. The report delves into crucial influencing factors, offering detailed market statistics, including revenues, segment-wise data, region-wise data, and country-wise data.

Industry Applications: Sheet metals are pivotal in automotive manufacturing, with the global uptick in automotive production fueling market demand. Government initiatives supporting domestic commercial aircraft development and fuel-efficient models further boost the market. The global infrastructure boom, including commercial buildings and civic projects, contributes significantly to the escalating demand for sheet metal.

Future Trends: Market participants are responding to evolving demands by designing and manufacturing thinner and more refined sheet metal for lighter automotive applications. The industry witnessed a shift from traditional sheet metal forms to advanced variations like galvanized, electrical steel, coil-coated, and color-coated sheets, catering to diverse fabrication needs.

Outlook: The Sheet Metal Market’s promising trajectory signifies opportunities for manufacturers, investors, and stakeholders alike. As the market expands, innovations in materials and fabrication techniques will likely shape the industry’s future. With a growing emphasis on sustainability, the Sheet Metal Market is expected to play a pivotal role in the transformation of key industries worldwide.

Some of the prominent market participants in sheet metal market are

Moulds Pvt. Ltd.
SSR Metals Private Limited.
Fabrinox
United States Steel Corporation
Nucor Corporation
General Sheet Metal Works Inc
Bud Industries Inc
BlueScope Steel Limited
ATAS International Inc
A&E Manufacturing Company
ABC Sheet Metal
Associated Materials LLC
Dulocos Conveyors

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Sheet Metal Market: Segmentation

The sheet metal market can be segmented on the basis of material type, thickness, and application:

On the basis of material type:

Stainless steel
Aluminum
Brass
Tin
Titanium
Zinc
Others

On the basis of thickness:

< 1 mm
1-6 mm
> 6mm

On the basis of application:

Automotive & Transportation
Building & Construction
Industrial Machinery
Oil & Gas
Commercial
Others

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Global Articulating Paper Forceps Industry Forecasts Impressive Growth with a 5.2% CAGR, set to Reach US$ 2.3 Billion by 2032

The Global Articulating Paper Forceps Industry is poised for substantial growth, anticipating a robust 5.2% compound annual growth rate (CAGR) from 2022 to 2032. According to Future Market Insights (FMI), the market, valued at US$ 1.4 billion in 2022, is projected to reach a staggering US$ 2.3 billion by the end of the forecast period.

This optimistic outlook is underlined by the increasing adoption of articulating paper forceps in hospitals, driving the market’s expansion. Future Market Insights’ analysis highlights the pivotal role these forceps play in dental health, contributing significantly to the rising awareness among the global population. The growing emphasis on regular dental check-ups further fuels the demand for articulating paper forceps.

Surgeons worldwide are increasingly turning to articulating paper forceps due to their enhanced maneuverability and flexibility. This not only facilitates improved functionality but also accelerates procedures without complications, positioning these forceps as a key driver in the industry’s growth.

Often referred to as articulating paper holders, these instruments are instrumental in holding articulation paper while applying it to patients orally. The tweezers-like design, featuring two conjoined blades with serrated tips, enables precise application, making articulating paper forceps indispensable in dental procedures.

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The dental community habitually utilized articulating paper to identify contact points amongst the mandibular and maxillary teeth during all types of dental prosthesis insertions and natural tooth correction or any kind of adjustments. These corrections are done by particularly grinding the paper marks to achieve occlusal stability. Moreover, the articulating paper forceps hold the articulating paper when the dentists check for occlusion of dental restorations and teeth. When the articulating paper is held by the forceps instead of fingers, it ensures improved grip and complete coverage of the teeth restoration.

Global Articulating Paper Forceps Industry Key Takeaways

The Global Articulating Paper Forceps Industry is predicted to be driven by numerous factors including the increasing prevalence of dental procedures and the escalating adoption of articulating paper forceps during dental procedures. The additional access to dental and medical care is enabling technological advancements and additionally increasing the practicing scope. Accelerating the occurrence of periodic disorders and technological advancements is likely to further promote the growth of the articulating paper forceps market. Moreover, there is an enormous increase in the geriatric population across the world, and this boosts the market further.
According to the Patient Protection and Affordable Care Act (ACA), the awareness about dental health and the addition of various provisions have resulted in enhancing patients’ oral health. At a global level, there is more awareness among surgeons and patients to reduce the rates of infections, and this factor is increasing the sales of articulating paper forceps and, eventually, the global market of the same.
Similarly, with the global expansion of social and digital media along with awareness amongst consumers, they are rapidly becoming more selective about the treatments, which has elevated the efficiency of treating occlusal interferences and assists in adjusting the same. Tooth restorations and crown fillings are done at an alarming rate which has to be checked, and this is done with the help of articulated forceps.

The articulated paper forceps come in two types: straight articulating paper forceps and curved articulating paper forceps. The straight ones consist of tweezer-like jaws which are opened from 0 to 180 degrees angle, and this enables the instrument’s tip to maneuver in any direction. When there is a plane surface where an articulated movement within the tough spaces is not needed, straight articulating paper forceps are used, for instance, while performing bronchoscopies.

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Global Articulating Paper Forceps Industry Competitive Landscape

Some of the key players in the Global Articulating Paper Forceps Industry are focusing on supplying delivery of dental equipment, software, and technology solutions to their clients. Such companies offer a broad range of products at exceptional value along with strong service and support.

Dental forceps for articulating paper are a type of dental instrument used to hold articulating paper in place during dental procedures. Articulating paper is a thin paper that is coated with ink and used to check the bite and occlusion of the teeth.

Global Articulating Paper Forceps Industry Key companies profiled:

New Surgical Instruments Co,
Ethicon US, LLC.
Richard Wolf GmbH,
Dental Health Products, Inc.,
SMILE SURGICAL IRELAND LIMITED,
Atlanta Dental,
Henry Schein, Inc.

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More Insights into the Global Articulating Paper Forceps Industry

North America is expected to dominate the Global Articulating Paper Forceps Industry over the forecast period. The growth of the North American region is attributed to the strict regulations about patient safety and the favorable regulatory environment that promotes investment in healthcare facilities.

Segments covered by:

Product Type,
End User,
Region

Author

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

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

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is 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 team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

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

Global Elastography Imaging Industry Set to Skyrocket to US$ 8.9 Billion by 2032 with an Impressive 11.2% CAGR | Forecasts FMI

As the demand for minimally invasive medical procedures reaches new heights, the Global Elastography Imaging Industry is gearing up for an extraordinary surge. Forecasts from Future Market Insights (FMI) indicate a compelling Compound Annual Growth Rate (CAGR) of 11.2% from 2022 to 2032, propelling the Elastography Imaging Market to a projected US$ 8.9 billion by 2032, a substantial leap from the US$ 3.1 billion recorded in 2022.

Elastography imaging, a cutting-edge medical technique, holds a pivotal role in this growth trajectory. It specializes in evaluating the elastic characteristics and stiffness of soft tissues, emerging as a powerful tool for mapping tissue stiffness and diagnosing a spectrum of disorders. Notably, ultrasound and magnetic resonance imaging (MRI) lead the pack as the primary elastography technique, offering a non-invasive alternative to traditional biopsy procedures.

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The Healthcare Industry

The COVID-19 pandemic has caused severe impacts on the global economy at various levels which can be seen in the Healthcare industry as well. The thriving market of healthcare research and development is expected to exhibit a steep decline in 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 Global Elastography Imaging Industry. The study features insights into the current growth dynamics and the major revenue reforms prevailing in the market along with the key takeaways from the forecast.

The team of analysts at Future Market Insights is focussing on research and market study to produce different Global Elastography Imaging Industry forecasts and predictions at both national and international levels. They have considered several loads of information about the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Global Elastography Imaging Industry.

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Global Elastography Imaging Industry Key Players:

The writer will create content on the general strategies of market players. Then will write the key players in the market are: GE Healthcare, Koninklijke Philips N.V., Siemens Healthineers, Hitachi Ltd., Mindray Medical International Limited, Fujifilm Holdings Corporation, Canon Medical Systems Corporation, Landwind Medical, Esaote SpA, SonoScape Medical Corp, SuperSonic Imagine and others

Global Elastography Imaging Industry 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 of the market. Numerous segmentations have been provided for this market based on:

Based on technique, the Global Elastography Imaging Industry can be segmented as:

Ultrasound Elastography Imaging
1D transient Elastography
Point shear-wave Elastography
Shear-wave Elastography
MR based Elastography

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Based on application, the Global Elastography Imaging Industry can be segmented as:

Gynecology & Obstetric
Cardiology
Orthopedic & Musculoskeletal
Vascular
Neurology
General Imaging

Based on modality, the Global Elastography Imaging Industry can be segmented as:

Portable
On-Platform

Based on end-users, the Global Elastography Imaging Industry can be segmented as:

Hospitals
Clinics
Diagnostic Laboratories
Ambulatory Surgical Centers

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Product Segmentation:

The investigation offers a top-to-bottom evaluation of different clients’ journeys pertinent to the market and its segments. The study endeavors to assess the current and future development possibilities, undiscovered roads, and factors that shape 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 providing 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.

Author

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is 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 team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Global Medical Device Analytical Testing Outsourcing Industry Set for a 7.18% CAGR Surge, Envisioning a US$ 10.96 Billion Valuation by 2032 | FMI

In a groundbreaking revelation, Future Market Insights (FMI) has released the latest data showcasing the remarkable growth of the Global Medical Device Analytical Testing Outsourcing Industry. The industry reached a noteworthy milestone in 2021, achieving an impressive valuation of US$ 5.11 billion. FMI forecasts an even more promising trajectory, with a robust Compound Annual Growth Rate (CAGR) of 7.18%. This surge is anticipated to catapult the industry to a projected value of US$ 10.96 billion by the year 2032.

The surge in demand for outsourcing medical device analytical testing can be attributed to a confluence of pivotal factors. The inherent complexity of medical device products, intensifying market competition, the proliferation of small-scale medical device production, and increasingly stringent regulatory clearance requirements collectively propel the industry toward exponential growth.

With a clear trajectory of expansion, the Global Medical Device Analytical Testing Outsourcing Industry promises immense opportunities for industry stakeholders, offering comprehensive analytical solutions and facilitating compliance with rigorous regulatory standards. This growth signifies a paradigm shift in the healthcare sector, enhancing efficiency, quality, and safety in the development and production of medical devices.

FMI’s comprehensive research underscores the dynamic nature of this market and underscores its pivotal role in shaping the future of the medical device industry. Companies, researchers, and investors are encouraged to take note of this remarkable growth potential as the market charts its course toward an impressive US$ 10.96 billion valuation in 2032.

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The growing global prevalence of chronic diseases is driving up demand for medical device analytical testing outsourcing. The government’s increasingly stringent quality certificate rules are propelling the global medical device analytical testing outsourcing market forward. Class II devices require premarket approvals and 510 (k) clearance; however, obtaining such clearance is a time-consuming process; thus, such emerging scenarios have fuelled the growth. Medical device manufacturers are hiring consultants to help them understand the documentation and regulations required for pre-market approvals.

The development of advanced devices such as surgical microscopes, surgical robots, neurosurgery devices, ophthalmic surgical devices, and many others has reduced the direct contact of humans in surgical procedures, making quality certificates for medical devices mandatory. The growing demand for minimally invasive surgeries is driving the global medical device analytical testing outsourcing market forward. However, manufacturers are turning to medical device analytical testing outsourcing to ensure accuracy, precision, quality control, and periodic maintenance.

Global Medical Device Analytical Testing Outsourcing Industry Key Takeaways

The global Medical Device Analytical Testing Outsourcing market is estimated at US$ 10.96 Billion during the forecast period.
The global Medical Device Analytical Testing Outsourcing market is estimated at US$ 5.11 Billion in 2021.
The U.S. is projected to lead the market while procuring US$ 1.5 Billion while expanding at a CAGR of 7% during the forecast period.
China is anticipated to grow at 5.5% CAGR
The hospital segment is predicted to lead the market with a CAGR of 6.15% during the assessment period.

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“Because of improved healthcare infrastructure and government initiatives, Asia Pacific has the largest share Furthermore, rapid economic development in countries such as China and India are expected to significantly boost regional market growth over the forecast period.” Says an analyst at FMI.

Global Medical Device Analytical Testing Outsourcing Industry Competitive Landscape

The global medical device analytical testing outsourcing market is highly fragmented. Mergers, acquisitions, and partnerships, among other strategies, were used by industry participants to maintain market share. The key market players are:

SGS
Toxikon, Inc
Eurofins Scientific
Pace Analytical Services LLC
Intertek Group plc
Wuxi AppTec
North American Science Associates, Inc.
Envigo
Charles River Laboratories International, Inc.
Medical Device Testing Services

Some of the recent developments in the global medical device analytical testing outsourcing are:

In May 2022, Intertek renewed its contract with the Philippines Bureau of Customs for its Bulk and Break Bulk Cargo Clearance Enhancement Programme.
In May 2022, Intertek announced the launch of ‘Intertek Hydrogen’ which assists the hydrogen industry in commercializing ground-breaking technology securely into the future.

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Global Medical Device Analytical Testing Outsourcing Industry Report Segmentation:

By Service:

Extractable and Leachable
Material Characterization
Physical Testing
Bioburden Testing
Sterility Testing
Other Tests

By Device Type:

Reprocessed Devices
Others Medical

By End Use:

Hospitals
Others

By Therapeutic Areas:

Cardiology
Diagnostic Imaging
Orthopedic
IVD
Ophthalmic
General & Plastic Surgery
Drug Delivery
Endoscopy
Dental
Diabetes Care
Others

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 is 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 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 Patient Portal Industry Poised to Reach US$ 22.29 Billion by 2032, Backed by a Noteworthy 20% CAGR | Reports FMI

The healthcare landscape is on the brink of a transformative era as the Global Patient Portal Industry is projected to surge to an impressive US$ 22.29 billion by 2032, showcasing a remarkable Compound Annual Growth Rate (CAGR) of 20% from 2022 to 2032. This revelation stems from the latest insights provided by Forecasts Market Insights (FMI), a leading market research firm.

The soaring growth of the Patient Portal market is attributed to the increasing adoption of patient portals by healthcare facilities worldwide. The utilization of these secure online platforms has become a cornerstone in providing patients with direct access to their medical records, laboratory results, and other critical health-related information. This enhanced patient engagement empowers individuals to take an active role in managing their health.

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The growth of healthcare facilities worldwide influences the Global Patient Portal Industry. Patient portal usage is rising quickly due to mandatory federal regulations and the integration of growth in the USA electronic health records (EHR) market. Additionally, technology-based businesses are creating web-based apps for patient portals. This provides access to store and retrieve crucial data as a result. The COVID-19 pandemic has fueled a rise in teleconsultation services.

Patient portals are secure online platforms that give patients easy access to their medical information, appointment scheduling, and communication with their healthcare providers. They offer a variety of features, including:

Access to medical records, such as lab results, imaging reports, and medication lists
Appointment scheduling and reminders
Prescription refills
Secure messaging with healthcare providers
Online bill pay
Educational resources on health and wellness

Patient portals offer several benefits for both patients and healthcare providers. For patients, they can provide convenience, empowerment, and peace of mind. For healthcare providers, they can improve efficiency, communication, and patient engagement.

The increasing adoption of patient portals is being driven by some factors, including:

The rising demand for EHRs: EHRs are electronic versions of patients’ medical records. They provide a central repository for all of a patient’s medical information, which can be accessed by healthcare providers from different locations. Patient portals are often integrated with EHR systems, which makes it easy for patients to access their medical information through the portal.
Mandatory federal norms: The Meaningful Use program incentivized healthcare providers to adopt EHRs and patient portals in the United States. While the Meaningful Use program ended in 2018, many incentives are still in place through other programs, such as the Merit-based Incentive Payment System (MIPS).
The benefits of patient portals: Patient portals offer several benefits for both patients and healthcare providers, as mentioned above. This is leading to increased adoption of patient portals by healthcare facilities of all sizes.

Global Patient Portal Industry Key Takeaways:

Patient portals are secure online platforms that give patients easy access to medical information, appointment scheduling, and communication with their healthcare providers.
The increasing adoption of patient portals is attributed to their benefits to patients and healthcare providers.
Patient portals can help patients manage their health better, improve communication with their healthcare providers, and reduce healthcare costs.
Healthcare providers can use patient portals to improve patient care, increase efficiency, and reduce costs.
The critical drivers of the Global Patient Portal Industry include the increasing adoption of EHRs, the growing demand for teleconsultation services, and government support for digital healthcare initiatives.

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Key Companies Profiled:

Allscripts Healthcare Solutions, Inc.
NextGen Healthcare Information Systems
McKesson Corporation
Cerner Corporation
Greenway Health, LLC
athenahealth, Inc.
Epic Systems Corporation
GE Healthcare
Medfusion Inc.

Key Segments Covered in the Global Patient Portal Industry

By Type:

Standalone Patient Portal
Integrated Patient Portal

By Delivery Mode:

Web-based Patient Portal
Cloud-based Patient Portal

By End-Use:

Patient Portal for Providers
Patient Portal for Payers
Others

By Region:

North American Patient Portal Market
Latin America Patient Portal Market
Europe Patient Portal Market
Asia Pacific Patient Portal Market
Middle East & Africa Patient Portal Market

Originally Publish By:
https://www.chronicles24.com/index.php/2023/10/04/patient-portal-market-to-reach-us-22-29-billion-by-2032-driven-by-growing-adoption-and-mandatory-federal-norms-fmi/

Author By:

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.

Explore FMI’s related ongoing Coverage in the Healthcare Market Insights Domain:

Critical Care Patient Monitoring Products Market Size: The critical care patient monitoring products market is expected to grow at a CAGR of 8.6%.

Patient Handling Equipment Market Share: By the end of 2022, the global demand for patient handling equipment was estimated to be worth roughly US$ 13.95 Billion in sales. By 2032, the market is expected to grow at a CAGR of 5.7% to a value of US$ 24.29 billion.

Near-Patient Molecular Solutions Market Demand: The near-patient molecular solutions market is estimated to register a magnificent CAGR of 8% during the forecast period. According to FMI, the market is projected to be valued at US$ 7.56 Billion by 2033, up from US$ 3.5 Billion in 2023.

About Future Market Insights (FMI)

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 Back Therapy Kits Industry Poised for a Surge, anticipated to Hit US$ 5.8 Billion by 2032 with a Solid 4.6% CAGR | FMI Reports

In the dynamic realm of healthcare, the Global Back Therapy Kits Industry is poised for a remarkable growth trajectory, with a projected valuation of US$ 5.8 Billion by the year 2032. This surge represents a substantial increase from the industry’s US$ 3.7 Billion valuation in 2022 and is underpinned by a robust Compound Annual Growth Rate (CAGR) of 4.6% anticipated between 2022 and 2032.

Back Therapy Kits come across as at-home medical devices used for managing pain, especially in the lower back. At the lower back, they are secured with a strap. The Back Therapy Kits make use of TENS technology to transmit vibration to the body for relieving pain.

Patients suffering from back pain are advised to attend 15 to 20 sessions every single day using Back Therapy Kits. The sportspersons prefer them for relaxing their lower back.

These days, strapless Back Therapy Kits are the buzzword. Homecare settings followed by rehabilitation centers generally use Back Therapy Kits.

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At the same time, higher costs involved in Back Therapy Kits are expected to restrain the Global Back Therapy Kits Industry going forward.

Future Market Insights has entailed these facts with future prospects in its latest market study entitled ‘Global Back Therapy Kits Industry’. It has its line of expertise in the form of analysts and consultants to deploy an eagle’s eye view in its primary, secondary, and tertiary modes of research.

“With the realization of the fact that vibration provided by Back Therapy Kits provides relief from muscle strain, the Global Back Therapy Kits Industry is expected to go good in the forecast period”, says an analyst from Future Market Insights.

Key Takeaways from the Global Back Therapy Kits Industry

North America holds the largest market share with the US witnessing continuous development of therapies.
Europe is expected to stand second with the UK and Germany showing the same prospects as the US.
The Asia-Pacific is expected to grow at the quickest rate in the Back Therapy Kits market in the forecast period with increasing incidences of lower back pain all across Japan, China, and India. Also, the WHO has confirmed that every sixth person in India suffers from arthritis at a certain point in their lives. The rising geriatric population is another point to look into. This is evident from the fact that as per the UN’s ESCAP (Economic and Social Commission for Asia and the Pacific), nearly 1.3 Billion people will be aged 60 and above by the year 2050.

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Global Back Therapy Kits Industry Competitive Landscape:

The key players in the Back Therapy Kits market include Sanofi S.A., Polar Products Inc., Hocomo, Bayer AG, Brooks Life Sciences, Tynor, Amedica, Alliance Spine, Globus Medical, Captiva Spine, and likewise.
The players mentioned above are engaging in various modes of expansion like new product launches, mergers, acquisitions, partnerships, joint ventures, and likewise to make a mark for themselves amidst calls for innovations.
Pfizer, Inc. is known for its drug called ‘tanezumab’ since the year 2017. It was when it received approval from the US FDA with regards to treating chronic low back pain. It’s interesting to learn that tanezumab is one of the humanized monoclonal immunoglobulin G2 (IgG2) to be used as a substitute for opioids.

What does the Report say?

The research study is based on product type (strapped Back Therapy Kits and strapless Back Therapy Kits), connectivity (wired Back Therapy Kits and battery operated Back Therapy Kits), and end-user (hospitals, orthopedic clinics, rehabilitation centers, long-term care centers, and home care settings).
With rising demand for at-home care settings, the Global Back Therapy Kits Industry is expected to grow inadvertently in the forecast period.

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Key Segments Covered in the Global Back Therapy Kits Industry Study

Global Back Therapy Kits Industry by Product Type:

Strapped Back Therapy Kits
Strapless Back Therapy Kits

Global Back Therapy Kits Industry by Connectivity:

Wired Back Therapy Kits
Battery-Operated Back Therapy Kits

Global Back Therapy Kits Industry by End User:

Back Therapy Kits for Hospitals
Back Therapy Kits for Orthopedic Clinics
Back Therapy Kits for Rehabilitation Centers
Back Therapy Kits for Long-term Care Centers
Back Therapy Kits for Homecare Settings

Author

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is 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 team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Nandini Singh Sawlani

Global Neurovascular Devices Interventional Neurology Industry Set to Soar to US$ 6.2 Billion by 2032, Driven by Unprecedented 8.5% CAGR | FMI

The Global Neurovascular Devices Interventional Neurology Industry is set to embark on a transformative decade, fueled by a robust Compound Annual Growth Rate (CAGR) of 8.5% anticipated between 2022 and 2032. According to recent projections, the industry is gearing up for an unprecedented surge, with neurovascular device sales projected to reach a substantial US$ 2.7 billion in 2022.

The driving force behind this remarkable growth is the escalating demand for innovative medical solutions within the field of neurology. With neurological illnesses on the rise, the need for advanced interventional neurology is expected to witness significant growth by the year 2032. This surge in demand is poised to propel the Global Neurovascular Devices Interventional Neurology Industry to an estimated valuation of US$ 6.2 billion, marking a substantial increase in market size.

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One of the key drivers of this market’s growth is the increasing incidence of neurological disorders, particularly strokes. Strokes are a leading cause of death and disability worldwide, prompting healthcare providers to adopt advanced neurovascular devices for better patient outcomes. The shift from traditional open surgeries to minimally invasive procedures has not only improved patient comfort but has also reduced healthcare costs.

In recent years, technological advancements have led to the development of cutting-edge neurovascular devices. These devices include stent retrievers, embolization coils, flow diverters, and liquid embolic agents, among others. The continuous innovation in materials and design has enhanced the efficacy of these devices, making them safer and more efficient for neuro-interventional procedures.

Furthermore, the growing aging population has contributed to the expansion of the Global Neurovascular Devices Interventional Neurology Industry. With an aging demographic, there is an increased susceptibility to neurovascular diseases, necessitating a higher neurovascular guidewires market demand for these devices. Additionally, the expanding awareness of these conditions and the availability of advanced treatment options have spurred market growth.

Key Neurovascular Devices Used In Interventional Neurology Include:

Stent Devices: Stents are used to treat intracranial stenosis, which involves the narrowing of blood vessels in the brain. These devices are designed to improve blood flow and prevent strokes. They can be self-expanding or balloon-expandable.
Coil Devices: Coils are used to treat intracranial aneurysms. They are inserted into the aneurysm to induce clotting, thereby preventing the risk of rupture. Coiling is a less invasive alternative to surgical clipping.
Embolization Devices: These devices are used to block or divert blood flow in AVMs or other vascular abnormalities. They include detachable balloons and various embolic agents.
Thrombectomy Devices: Thrombectomy devices are used to remove blood clots from the brain’s blood vessels, primarily in the treatment of acute ischemic strokes. These devices are highly time-sensitive, as quick intervention is crucial in stroke cases.
Flow Diverters: Flow diverters are used to treat wide-necked aneurysms by diverting blood flow away from the aneurysm sac. They are relatively newer devices in the neurovascular field.
Microcatheters: Microcatheters are thin, flexible catheters used to navigate the intricate blood vessels of the brain. They are crucial for precise device placement during neurointerventional procedures.
Guidewires: Neurovascular guidewires act as the compass for traversing the intricate pathways of the neurovasculature, providing a vital roadmap for the precise deployment of accompanying medical instruments.

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The market for neurovascular devices in interventional neurology has been growing steadily due to several factors, including an aging population, increased awareness of neurovascular diseases, and advancements in technology and minimally invasive procedures. Additionally, research and development efforts continue to focus on improving the safety and efficacy of these devices.

Global Neurovascular Devices Interventional Neurology Industry: A Look at Recent Developments:

In 2020, Johnson & Johnson introduced a groundbreaking innovation in the field of stroke solutions with the launch of Cerenovus stroke solutions. This revolutionary product is designed to effectively address clot-related issues. At the heart of this cutting-edge solution lies the Big Bore Catheter, paired with the Emo Trap 3 revascularization device.
In a strategic move to expand its presence in the global neurovascular market, Penumbra forged a strategic partnership with Genesis MedTech in 2021. This dynamic collaboration aims to elevate the market’s stature and impact in China, showcasing a commitment to advancing neurovascular healthcare in the region.
In a parallel development, Pehnox, a prominent player in the neurovascular industry, ventured into the European market by establishing a new entity in the United Kingdom. This bold move underscores Pehnox’s dedication to enhancing the neurovascular market size across Europe, signaling a new era of neurovascular healthcare solutions for the continent.

Global Neurovascular Devices Interventional Neurology Industry Key Competitor Companies:

Johnson & Johnson
Medtronic PLC
Stryker Corporation
Terumo Corporation
Penumbra

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Global Neurovascular Devices Interventional Neurology Industry: Segmentation

By Product:

Aneurysm Coiling & Embolization Devices
Cerebral Balloon Angioplasty
Stenting Systems
Support Devices
Neurothrombectomy Devices

By Disease Pathology:

Ischemic Strokes
Cerebral Aneurysms
Carotid Artery Stenosis
Arteriovenous Malformations
Fistulas
Others

By End-User:

Hospitals & Surgical Centers
Ambulatory Care Centers
Research Laboratories
Academic Institutes

By Region

North America
Asia Pacific
Europe
Middle East & Africa
Latin America

Author

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 is 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 team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Global Dental Fluorescence Analyzer Industry Set to Reach US$725 Million by 2032, Propelled by a Remarkable 9% CAGR | FMI

The Global Dental Fluorescence Analyzer Industry is on the brink of a remarkable trajectory, poised to experience an extraordinary surge from US$305 million in 2022 to an astounding US$725 million by the year 2032. This unprecedented growth is underpinned by a robust Compound Annual Growth Rate (CAGR) of 9% over the forecast period.

The findings come from a comprehensive analysis conducted by Future Market Insights Inc., as revealed in its latest report. The report not only highlights the industry’s current landscape but also offers valuable insights into the factors driving this phenomenal ascent.

Global Dental Fluorescence Analyzer Industry: Drivers and Restraints
Advancing technology in the Global Dental Fluorescence Analyzer Industry, particularly micro-XRF instruments for elemental mapping and its applications is expected to propel the demand for dental fluorescence analyzers over the forecast years.

On the contrary, tricky reimbursement policies pose a threat to the unrestricted expansion of the Global Dental Fluorescence Analyzer Industry.

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Global Dental Fluorescence Analyzer Industry: Overview
The Global Dental Fluorescence Analyzer Industry is expected to witness growth over the forecast period owing to the increased adoption of the device for various applications. The dental fluorescence analyzer market is segmented into Forensic Investigations, Archaeological Research, Environmental Monitoring, pharmaceutical and medical research, dental practice, and others.

Forensic investigations and archaeological research are expected to hold a major share in the dental fluorescence analyzer market over the forecast period owing to the increasing implementation of the devices for research purposes and the increasing number of clinical trial results.

Among end users, the Global Dental Fluorescence Analyzer Industry is segmented into dental clinics, forensics departments, archaeology research institutes, and academic research institutes. Higher adoption by end users is dependent upon the launch of more advanced, user-friendly, and compact devices expanding the Global Dental Fluorescence Analyzer Industry.

Global Dental Fluorescence Analyzer Industry: Regional Wise Outlook
Based on geography, the Global Dental Fluorescence Analyzer Industry is segmented into seven key regions viz. North America, Latin America, Western Europe, Eastern Europe, and Asia Pacific excluding Japan, Japan, and Middle East & Africa.

North America is projected to hold the largest revenue shares in the Global Dental Fluorescence Analyzer industry primarily due to the increasing incidence of tooth caries. Moreover, increasing healthcare and research expenditure is also a contributor to North American dominance.

Europe’s dental fluorescence analyzer market is expected to show the second highest revenue share in the Global Dental Fluorescence Analyzer Industry due to higher healthcare expenditure and fast technological advances.

The dental fluorescence analyzer market in China is expected to create a big share in terms of revenue over the forecast years because of the high demand for dental fluorescence analyzers.

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Global Dental Fluorescence Analyzer Industry: Key Players
Some of the major players identified in the global Global Dental Fluorescence Analyzer Industry are HORIBA, Bruker, Olympus Corporation, Thermo Fisher Scientific, Helmut Fischer GmbH, Horiba, Ltd., SPECTRO Analytical Instruments GmbH, Rigaku Corporation, Analytical X-Ray Systems Co. Ltd., and FAST ComTec.

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

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

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Western Europe (Germany, Italy, 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)

Global Dental Fluorescence Analyzer Industry: Segmentation
Tentatively, the Global Dental Fluorescence Analyzer Industry has been segmented based on application, end users, and geography.

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Based on application, the Global Dental Fluorescence Analyzer Industry is divided into the following:

Forensic Investigations
Archeological Research
Environmental Monitoring
Pharmaceutical and Medical Research
Dental Practice
Others

Based on end users, the Global Dental Fluorescence Analyzer Industry is segmented as below:

Dental Clinics
Forensics Departments
Archeology Research Institutes
Academic Research Institutes

Author

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 is 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 team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Shrink Sleeve Labeling Equipment Market Set to Reach US$ 24 Billion by 2033, Fueled by Versatile Branding Opportunities

The future of the global shrink sleeve labeling equipment market appears robust, poised to witness a significant surge to reach a valuation of US$ 24 billion by 2033. With a projected CAGR of 5.39%, the market is set to capitalize on the advantages of sleeve labels, providing a distinctive edge over traditional labeling methods. The dynamic versatility of stretch and shrink sleeve labels is a key driver, allowing brands to captivate consumers with impactful visuals and essential messaging.

The adoption of sleeve labels ranges from partial coverage, such as shoulders or caps, to complete 360-degree body labeling, enhancing brand visibility and safety communication. As consumer preferences and packaging design trends evolve, the shrink sleeve labeling equipment market is primed to play a pivotal role in shaping the visual identity of products worldwide.

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This adaptability allows for striking and eye-catching packaging, enabling products to stand out on the shelves and make a lasting impression on consumers. As such, the growing demand for such versatile and visually appealing packaging solutions is expected to drive the growth of the shrink sleeve labeling equipment market in the years to come.

Business Growth Opportunities:

Customization and Personalization: Offering customizable and personalized shrink sleeve labeling solutions can attract businesses looking to differentiate their products in the market.
Eco-Friendly Solutions: Developing and promoting environmentally friendly labeling materials and processes can appeal to businesses and consumers increasingly focused on sustainability.
Integration of Smart Technologies: Incorporating smart technologies, such as RFID or QR code integration, into shrink sleeve labels can provide businesses with opportunities to enhance product traceability and engage consumers through interactive experiences.
Global Expansion: Exploring and entering new geographic markets can be a growth opportunity, especially in regions where the demand for packaged goods is on the rise.
Collaboration and Partnerships: Forming strategic partnerships with packaging manufacturers, brand owners, or e-commerce platforms can open new avenues for growth by tapping into diverse distribution channels.

Industry Trends:

Digital Printing Technology: The adoption of digital printing in shrink sleeve labeling is on the rise, allowing for cost-effective short runs, variable data printing, and high-quality graphics.
Sustainability Focus: Increasing awareness and demand for sustainable packaging solutions are driving the development and use of eco-friendly materials in shrink sleeve labeling.
Automation and Industry 4.0 Integration: Shrink sleeve labeling equipment is incorporating advanced automation features and connectivity to align with the Industry 4.0 trend, improving efficiency, reducing errors, and enabling remote monitoring.
Tamper-Evident Solutions: With a growing emphasis on product safety and security, the use of shrink sleeves for tamper-evident labeling is becoming a prominent trend in various industries.
Versatility in Application: Shrink sleeve labeling equipment is evolving to accommodate a wide range of container shapes and sizes, providing versatility for manufacturers across different industries, including food and beverage, cosmetics, and pharmaceuticals.

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Report Benefits & Key Questions Answered

Historical Market Analysis: The detailed survey by FMI, examines key factors in the Shrink Sleeve Labeling Equipment industry that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the Shrink Sleeve Labeling Equipment industry for the forecast period 2023-2033.
Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Shrink Sleeve Labeling Equipment for the assessment period. As per the study, the demand for Shrink Sleeve Labeling Equipment will grow at a robust CAGR between 2023 and 2033.
Market Trend Analysis: The latest study by FMI on the Shrink Sleeve Labeling Equipment market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.

Competitive Landscape Analysis

The industry survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Shrink Sleeve Labeling Equipment market. The survey provides a thorough industry share analysis to offer an in-depth analysis of prevailing competition.

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Segmentation of shrink sleeve labeling equipment

Segmented by Machine Type:

Vertical shrink sleeve labeling system
Horizontal shrink sleeve labeling system
Self-adhesive labelers

Segmented by End Use:

Pharmaceutical
Food & beverages
Cosmetics & personal care
Automotive
Construction
Chemical & fertilizers

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.

Contact Us:

Nandini Singh Sawlani