Remote Valve Tissue Expander Market Targets $1.34 Billion Valuation by 2033: Empowering Patient-Centric Healthcare-FMI Study

The global remote valve tissue expander market is on a trajectory of substantial growth, with a projected market size of US$ 737.7 million in 2023 and an anticipated CAGR of 6.1% throughout the forecast period, propelling it to a valuation of US$ 1.34 billion by 2033.

A key driver of this growth is the increasing preference for patient-centric care, emphasizing patient-centered treatment approaches designed to enhance patient satisfaction and outcomes. Remote valve tissue expanders align with this patient-centered approach, allowing patients to control the expansion process independently or with the guidance of healthcare professionals, reducing the need for frequent clinic visits.

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The demand for remote valve tissue expanders is bolstered by their user-friendly and patient-controlled features, promoting patient empowerment and convenience, thus aligning perfectly with the evolving healthcare landscape’s emphasis on patient-centric care.

Key Takeaways:

  1. Market Growth: The market is projected to experience substantial growth, with an expected valuation of $1.34 billion by 2033, driven by a CAGR of 6.1% during the forecast period.
  2. Patient-Centric Care: Increasing emphasis on patient-centered treatment approaches is a primary driver, aiming to enhance patient satisfaction and treatment outcomes.
  3. User-Friendly Control: Remote valve tissue expanders enable patients to independently or with healthcare professionals control the expansion process, reducing the necessity for frequent clinic visits.
  4. Patient Empowerment: These devices empower patients to take an active role in their healthcare, allowing for more personalized and convenient expansion management.
  5. Convenience and Accessibility: The convenience of remote valve tissue expanders aligns with the growing demand for healthcare solutions that enhance patient convenience and control.
  6. Minimized Clinic Visits: The reduction in the frequency of clinic visits not only benefits patients but also helps in optimizing healthcare resources.
  7. Patient Satisfaction: Improved patient satisfaction is a key outcome of this patient-centered approach, contributing to the rising demand for remote valve tissue expanders.
  8. Technological Advancements: Ongoing advancements in technology are likely to further enhance the usability and functionality of these devices, expanding their applications.
  9. Healthcare Landscape Evolution: The market’s growth reflects the evolving healthcare landscape, emphasizing the importance of patient-centric care and personalized solutions.
  10. Empowering Patients: Remote valve tissue expanders empower patients in their healthcare journey, promoting their active involvement and control in the treatment process.

Key Players:

  • GC Aesthetics®
  • POLYTECH Health & Aesthetics GmbH
  • SILIMED
  • Mentor Worldwide LLC (Johnson & Johnson)
  • PMT Corporation
  • AirXpanders

Key Developments:

  • In June 2022, GC Aesthetics, a privately held medical technology business, announced its development and growth ambitions for the Brazilian market.

 Remote Valve Tissue Expanders Market Segmentation:

By Shape:

  • Round
  • Rectangular
  • Crescent
  • Cylindrical

By Application:

  • Breast Reconstruction
  • Burn Cases
  • Trauma Cases

By End User:

  • Hospitals
  • Ambulatory Surgical Center
  • Cosmetic & Plastic Surgery Clinics
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • The Middle East & Africa

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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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Reusable Laparoscopic Instruments Market Set to Reach US$ 6.3 Billion by 2033: Sustainable Surgical Solutions| Future Market Insights,Inc

The reusable laparoscopic instruments market is projected to be valued US$ 3.8 billion in 2023. It is anticipated that the market will grow at a 5.1% CAGR to reach US$ 6.3 billion by 2033. The market for reusable laparoscopic instruments is the area of the medical device industry that deals with the production, use, and distribution of reusable instruments for laparoscopic surgery. Laparoscopy, sometimes referred to as keyhole or minimally invasive surgery, is a procedure in which internal organs are accessed and operated on using tiny incisions and specialised tools.

The reusable laparoscopic instruments market has witnessed significant growth in recent years, driven by several factors. The demand for minimally invasive procedures has been steadily increasing due to the advantages they offer, such as reduced postoperative pain, faster recovery times, shorter hospital stays, and improved cosmetic outcomes. Laparoscopic procedures have become the preferred choice for many surgeons and patients, leading to a rise in the use of reusable laparoscopic instruments.

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One of the key drivers of market growth is the cost-effectiveness of reusable instruments. Compared to disposable alternatives, reusable laparoscopic instruments can be sterilized and used in multiple procedures, reducing the overall procedural costs for hospitals and surgical centers. This cost advantage has led to a widespread adoption of reusable instruments, especially in healthcare systems aiming to optimize healthcare expenditures.

Technological advancements have also contributed to the growth of the reusable laparoscopic instruments market. Instrument manufacturers have focused on improving the design, ergonomics, and functionality of reusable instruments to enhance surgical precision and patient outcomes. For example, advancements such as integrated sealing systems, ergonomic handles, and modular designs have increased the efficiency and usability of reusable instruments. Additionally, the growing prevalence of chronic diseases, such as obesity, gastrointestinal disorders, and gynecological conditions, has driven the demand for laparoscopic procedures. These conditions often require surgical intervention, and laparoscopy offers a less invasive option with shorter recovery times. As a result, the demand for reusable laparoscopic instruments used in these procedures has increased.

Key Takeaways:

·        The reusable laparoscopic instruments industry in the United States is predicted to reach US$ 1.7 billion by 2033, increasing at a 4.4% CAGR.

·        The reusable laparoscopic instruments industry in the United Kingdom is estimated to reach a market value of US$ 326.4 million, expanding at a CAGR of 4.6% by 2033.

·        During the forecast period, the reusable laparoscopic instruments industry in China is expected to reach a market share of US$ 435.6 million, securing an 5.8% CAGR.

·        The reusable laparoscopic instruments industry in Japan is predicted to reach US$ 242.0 million by 2033, increasing at a 4.1% CAGR.

·        South Korea’s reusable laparoscopic instruments industry is predicted to achieve a market value of US$ 200.3 million, rising at a 5.3% CAGR during the forecast period.

·        With a CAGR of 4.9% from 2023 to 2033, the trocars segment is expected to dominate the reusable laparoscopic instruments industry.

·        With a CAGR of 5.5% from 2023 to 2033, the bariatric surgeries materials are expected to dominate the reusable laparoscopic instruments industry.

·        With a CAGR of 4.9% from 2023 to 2033, the hospital is expected to dominate the reusable laparoscopic instruments industry.

How Does the Competition Look in the Reusable Laparoscopic Instruments Market?

The reusable laparoscopic instruments sector is a very competitive one, with many firms fighting for market share. Several significant participants in this industry comprise Olympus Corporation, B Braun Melsungen AG, Intuitive Surgical, Medtronic, Stryker Corporation, Becton, Dickinson and Company, Johnson & Johnson (Ethicon), Medicalps, TEKNO-MEDICAL Optik-Chirurgie GmbH, KARL STORZ SE & Co. KG.

The main corporations are investing extensively in research and development efforts to develop inventive and creative products with improved reliability, efficacy, and cost. In order to meet changing consumer expectations, they are also concentrating on extending their product portfolio and bolstering their distribution strategies.

Industry-wide, strategic alliances and partnerships with other businesses are more frequent, enabling parties to capitalize on one another’s advantages and increase their market power.

Leading companies employ acquisitions and consolidation to expand into new markets and improve their market share. In emerging markets, particularly in China and India, the sector is rapidly growing.

Major corporations are developing regional production facilities and increasing their distribution networks to increase their presence in these areas. In order to gain a competitive edge, they are also focusing on providing customers in these markets with solutions that are affordable.

Key Players:

Olympus Corporation
B Braun Melsungen AG
Intuitive Surgical
Medtronic
Stryker Corporation
Becton, Dickinson and Company
Johnson & Johnson (Ethicon)
Medicalps
TEKNO-MEDICAL Optik-Chirurgie GmbH
KARL STORZ SE & Co. KG

Key Developments:

In October 2022, Some sterilisation containers have been voluntarily recalled by medical device manufacturer Beckton Dickinson out of concern that security flaws in the containers could raise the risk of patient infections.

Reusable Laparoscopic Instruments Market Segmentation:

By Product:

Laparoscopic Scissors
Laparoscopic Hooks
Grasping Forceps & Dissectors
Trocars
Laparoscopic Suction / Irrigation Devices
Others

By Surgery:

General Surgeries
Bariatric Surgeries
Colorectal Surgeries
Urology Surgeries
Gynecologic Surgeries
Others

By End User:

Hospitals
Ambulatory Surgical Centers
Specialty Clinics

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
The Middle East & Africa

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

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

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Robot-Assisted Microscope Market Envisions Precision Advancements, Targeting US$ 858.0 Million by 2033 | Future Market Insights,Inc.

The global market for Robot-Assisted Surgical Microscopes is on the brink of a profound transformation, with projections indicating a remarkable surge from US$ 410.6 million in 2023 to over US$ 858.0 million by 2033, at an impressive CAGR of 7.6% during this decade-long period.

Robotics-assisted surgical microscopes represent a burgeoning sector within the wider medical device industry. These cutting-edge instruments harness the power of robotic technology to elevate surgical precision, amplify patient outcomes, and facilitate minimally invasive procedures.

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Healthcare providers and surgical practitioners are increasingly recognizing the immense potential of these advanced systems, and this recognition is fueling the rapid growth of the market. As technology continues to evolve and competition within the market intensifies, we can anticipate a future characterized by even greater expansion and diversification in the applications of these robotic surgical microscopes.

Key Market Drivers:

  1. Enhanced Precision: Robot-assisted surgical microscopes enable surgeons to perform procedures with unparalleled precision, reducing the risk of complications and promoting faster recovery times for patients.
  2. Minimally Invasive Procedures: These devices enable minimally invasive surgeries, allowing patients to experience less pain, reduced scarring, and shorter hospital stays.
  3. Technological Advancements: Ongoing technological innovations are expected to further enhance the capabilities of these surgical microscopes, making them indispensable tools for surgeons.
  4. Increased Competition: A growing number of manufacturers and developers are entering the market, fostering competition that is likely to drive further advancements and cost efficiencies.
  5. Expanding Applications: Beyond traditional surgical fields, the applications of robot-assisted surgical microscopes are expanding into various medical specialties, broadening their impact on healthcare.

As we embark on this era of unprecedented growth in the robot-assisted surgical microscope market, stakeholders across the healthcare spectrum, from medical professionals to device manufacturers, are poised to benefit from the advancements in surgical precision and patient care. The potential to revolutionize the way we approach surgery is on the horizon, and the future of healthcare is looking brighter than ever.

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Key Players in the Robot-assisted Surgical Microscope Market Industry

  • B. Braun
  • BHS Technologies GmbH
  • ZEISS

Key Developments in the Robot-assisted Surgical Microscope Market:

  • In Oct. 2020, The Centre Valley, Pennsylvania-based Aesculap, Inc. (B. Braun) is introducing the Aesculap AeosTM robotic digital microscope.

Segmentation Analysis of the Robot-assisted Surgical Microscope Market

By Surgery Type:

  • Neurological Surgery
  • Orthopedic Surgery
  • Ophthalmological Surgery
  • Others
  • Others

By End User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • The Middle East & Africa

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About Future Market Insights (FMI)

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

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Future Market Insights Inc.
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Driving Versatility: A Comprehensive Look at Europe’s Multi Attachment Loaders Market – Status, Competition Analysis, Types, and Applications Through 2033

The market for Europe multi-attachment loaders is expected to be worth US$ 858 million in 2022. During the assessment period, demand for multi-attachment loaders is expected to remain high. This is owing to the rapid development of the end-use industry, which is expected to generate US$ 1,173 million in 2033, with a CAGR of 2.9% from 2023 to 2033. In 2023, the market is expected to generate US$ 882 million.

According to Future Market Insights (FMI), the ongoing growth of the construction & infrastructure sector in Europe is a key factor fuelling the demand for multi-attachment loaders for construction applications. Coupled with this, the rising demand for compact machinery/ vehicles for material handling in agriculture and industrial sectors has boosted the demand of multi-attachment loaders across Europe.

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Due to the COVID-19 outbreak, the demand for multi-attachment loaders declined slightly in 2020. The effect of COVID-19 on demand from several end-use sectors like mining, construction, and general manufacturing was less, which affected the sales of multi-attachment loaders in various countries.

The demand for small-sized machinery to operate in compact spaces in certain construction sites will create opportunities for sales in multi multi-attachment loaders market. Besides this, advancements in production technologies also will aid sales in the coming years.

Key Takeaways from Multi Attachment Loaders Market Study

  • By rated horsepower, the 50 HP segment is projected to account for the leading share in the Europe market.
  • The demand in the building & construction sector is set to hold over 35% of the market share on a value basis by the end of the forecast period.
  • Germany will remain a primary market within Europe, accounting for over 40% of the demand for multi-attachment loaders registered in 2021.
  • Sales of multi-attachment loaders with tipping load capacity of 1.5 to 2.5 ton is set to surge at a CAGR of approximately 2.6% over the coming decade.

“As market players focus on navigating through challenges posed by the unprecedented pandemic outbreak, their focus on technological improvements will rise. This also will help the market recover growth within Europe,” says a Future Market Insights analyst.

Key Market Segments Covered

By Rated Horsepower:

  • Upto 25 hp
  • 35 hp
  • 40 hp
  • 50 hp

By Tipping Load Capacity:

  • 1.2 to 1.5 Ton
  • 1.5 to 2.5 Ton
  • 2.5 to 5 Ton

By End Use Sector:

  • Agriculture
  • Building & Construction
  • Landscaping
  • Mining
  • Industrial
  • Military

By Country:

  • Germany
  • Italy
  • France
  • U.K.
  • Spain
  • BENELUX
  • Russia
  • Hungary
  • Rest of Europe

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Who is Winning?

The Europe multi-attachment loaders market is moderately consolidated with the top players accounting for the maximum market share. In order to achieve more sales top companies, are creating contracts with end users and developing innovative products to reduce operating costs and carbon emissions. Along with that manufacturers are focusing on expanding their sales channel in order to achieve a strong market presence.

Some of the key players in this industry include but are not limited to Wacker Neuson Group, Volvo Construction Machinery, Doosan Bobcat, Kubota, Hitachi Construction Machinery, Liebherr, J.C. Bamford Excavators, YANMAR HOLDINGS CO. LTD, Schäffer Maschinenfabrik GmbH, Avant Tecno Oy, Multione, Mecalac, Caterpillar Inc., and SANY Europe GmbH.

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

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Future Market Insights Inc.
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Robotic Assisted Endovascular Systems Market Gears Up for US$ 214.7 Million Valuation by 2033| Future Market Insights,Inc.

The global Robotic Assisted Endovascular Systems Market is poised for significant growth, with a projected market size of US$ 94.0 million in 2023 and an anticipated CAGR of 8.6% throughout the forecast period, propelling it to a valuation of US$ 214.7 million by 2033.

The Robotic Assisted Endovascular Systems Market involves the application of cutting-edge robotic technology in endovascular procedures, which are minimally invasive treatments conducted within blood vessels. These procedures primarily address a range of conditions, including cardiovascular diseases, peripheral artery diseases, aneurysms, and various vascular disorders.

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Several factors are driving the escalating demand for Robotic Assisted Endovascular Systems:

  1. Growing Disease Prevalence: The increasing incidence of cardiovascular diseases, peripheral artery diseases, and other vascular disorders is fueling the demand for advanced treatment options.
  2. Robotic Technology Advancements: Ongoing developments in robotic technology are equipping robotic-assisted endovascular systems with enhanced capabilities.
  3. Surgeon Adoption: An increasing number of surgeons are recognizing the potential benefits of integrating robotic systems into endovascular procedures, seeking state-of-the-art equipment and technology to enhance their efficiency and improve patient outcomes.

The Robotic Assisted Endovascular Systems Market’s growth signifies a promising shift towards advanced, minimally invasive treatments for vascular disorders, providing both patients and healthcare professionals with innovative and efficient solutions.

Key Players:

  • Siemens Healthcare
  • Stereotaxis, Inc

Key Developments in the Robotic Assisted Endovascular Systems Market:

  • Cathbot Robot Co., Ltd. (Shanghai Cathbot™), developed a vascular interventional surgical robot. In August 2022, the company announced the conclusion of its clinical trial, making it the first robotic system to have finished a multicenter clinical trial in China, for vascular intervention. Further, the company is a collaboration between French company Robocath S.A.S (Robocath), R-ONETM and Shanghai MicroPort MedBot (Group) Co., Ltd. (MicroPort® MedBot™)
  • In December 2018, 48 CorPath GRX Systems were deployed in hospitals around the United States, and four were installed abroad.

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Robotic Assisted Endovascular Systems Market Segmentation:

By Product:

  • Systems
  • Software & Services

By Application:

  • Neurosurgery
  • Percutaneous coronary intervention
  • Peripheral vascular interventions
  • Electrophysiology procedures

By End User:

  • Hospital
  • Cath Lab

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • The Middle East & Africa

About Future Market Insights (FMI)

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

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Future Market Insights Inc.
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T: +1-845-579-5705

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PVC Films Market Rising: Industry Set to Surge to US$ 19.6 Billion by 2032

The global PVC (Polyvinyl Chloride) films market is anticipated to reach a valuation of US$ 19.6 Bn by 2032, with sales growing at a stagnant CAGR of 2.9% from 2022 to 2032. The target market is likely to reach an estimated value of US$ 14.7 Bn by the end of 2022.  Increasing demand for strong and durable flexible packaging solutions across diverse industries will augment the global sales of the PVC Films Market. The target market is predicted to grow 1.3 times its current size and generate an opportunity of US$ 4.9 Bn during the forecast period.

The surge in demand for robust and long-lasting flexible packaging solutions across various end-use industries is expected to be a significant driver in boosting the sales of PVC films during the forecast period. Projections indicate that the PVC Films Market is poised to witness a substantial 1.3-fold increase in its market value from 2022 to 2032. This growth underscores the pivotal role that PVC films play in meeting the evolving needs of diverse industries.

With regard to the packaging hierarchy, it is anticipated that the secondary packaging segment will claim a substantial share, comprising approximately half of the market share by the conclusion of 2022. This prominence can be attributed to the growing favorability of flexible secondary packaging across diverse end-use industries.

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Owing to their strong intermolecular interactions, PVC films are available in rigid and flexible formats. This increases their range of applications, raising their demand and contributing to the overall market growth. PVC films are also resistant to abrasion, shock, chemical, and harsh environmental temperatures which appeals to a large portion of end-users.

Drivers:

  1. High Strength and Durability: PVC films are known for their strength and durability, making them a preferred choice for industries that require robust and long-lasting packaging solutions.
  2. Versatility: PVC films can be tailored to suit various end-use industries, from packaging to construction. Their adaptability and customization options are strong drivers of their demand.
  3. Wide Range of Applications: PVC films find applications in diverse sectors, including packaging, building and construction, automotive, and healthcare, expanding their market reach.
  4. Cost-Effectiveness: PVC films are often a cost-effective solution, providing value for money for businesses seeking efficient packaging or construction materials.

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Key Takeaways:

  • The PVC Films Market in India will grow at a CAGR of 5.8%, reaching US$ 805 Mn by 2032.
  • The U.S.A’s PVC Films Market is predicted to grow 1.4 times its current value.
  • By packaging level, the secondary packaging segment will hold over 54% of the market share by the end of 2032.
  • On the basis of end-use, the food segment will create an opportunity of US$ 2.6 Bn during 2022-2032.

Competitive Landscape 

Berry Global Group, Plastatech, Achilles USA, NanYa Plastics Corporation USA, Grafix Plastics, Adams Plastics, Caprihans India Limited, Plastic Film Corporation, Walton Plastics, Tekra, LLC, Jindal Chemical, Avery Dennison Corporation, AVI Global Plast, MYPLAST s.r.o, Ergis Sp. z o.o., Riflex Film AB, Dekofilm Group, Alfatherm, Mondorevive Spa, and Fortune Industries Group Holdings among others are some of the major players in the PVC Films Market profiled in the full version of the report.

Leading market players are concentrating on increasing their product portfolio to strengthen their market presence. These businesses are keen on expanding their production facilities to meet the escalating demand.

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More Insights into PVC Films Market Report

In its latest report, FMI offers an unbiased analysis of the global PVC Films Market, providing historical data from 2015 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of packaging level (primary packaging, secondary packaging, tertiary packaging), product type (pouches, bags & sacks, tubes, liners, sachets & stick packs, tapes & labels, wraps & rolls), end use (food, beverages, home-care, personal care, healthcare, electrical & electronics, other consumer goods), and region.

According to the latest FMI reports, based on segmentation, the secondary packaging level segment is anticipated to account for a major portion of the share. Owing to the rising need to prevent product damage, the secondary packaging segment will hold over 54% of the overall market share. In terms of application, the food & beverages sector will likely lead the market growth and generate an opportunity of US$ 2.6 Bn during the projected period.

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About Future Market Insights (FMI)

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

Contact Us:        

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Flowing into the Future: Charting the Evolution, Strategies, Innovations, and Trends of the End Suction Pumps Market Through 2033

Future Market Insights (FMI) projects that sales in the global end suction pumps market will exceed US$393 billion in 2023 and will remain steady over the long run. According to the analysis, the market is predicted to grow at a CAGR of around 4.93% between 2023 and 2033.

The end suction pump market will expand annually (YoY) by 3.5% to 4.3 million units in 2021. According to an industry analysis by end suction pumps, demand for close coupled pumps would increase by 3.6% to 3.6 million units by the end of 2023.

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Steered by surging applications in commercial and industrial sectors alike, the sales of end suction pumps will represent 3% of global pumps market in 2021.

According to Future Market Insights (FMI), ongoing development and adoption of new technologies in the industrial sector is a key factor behind the surging demand for end suction pumps in industries such as chemicals, petrochemicals, processed food & beverage, and others.

Rising expenditure towards infrastructural expansion, covering construction expenses in hospitality and institutional sectors, has boosted the demand for end suction pumps for commercial applications. The future growth of end suction pumps’ market is expected to ride on the back of centrifugal pumps’ market growth.

Because of the global pandemic, demand for end suction pumps declined marginally in 2020. The effect of COVID-19 on demand from heavy end-use industries like power generation and mining was lower, which drove end suction pump sales in various regions.

The demand for end suction pumps has been increasing in the manufacturing sector. This can be attributed to the advancements registered in the manufacturing sector, especially in various developing regions.

Increasing energy costs and growing environmental awareness among end users are expected to drive demand for energy-efficient and cost-effective end suction pumps over the forecast period. Industries often rely on end suction pumps to improve pump efficiency and reduce energy consumption.

Key Takeaways from End Suction Pumps Market Study

  • Close coupled pump segment is projected to hold over 80% volume share in the global market in 2021.
  • The demand from the industrial sector will account for 75% of the overall sales in the market.
  • East Asia will remain a primary market, backed by the expansion of industries and growing urbanization in the region. It is expected to account for over 25% of the global demand in 2021.
  • Up-to 100 GPM and suction pumps’ sales will surge at a CAGR of approximately 4.6% over the coming decade.
  • Sales of end suction pumps in the U.S. will total US$992.4 Million by 2031.

“Higher focus on the expansion of manufacturing will boost end suction pumps sales in the coming years. Focus on turnkey projects by OEMs is expected to create an attractive opportunity for the growth of the market,” says a Future Market Insights analyst.

Competition Landscape

The end suction pumps market is highly fragmented, with over 100 players across the world. The top companies account for around 15-20% of the market share. In order to achieve high sales, leading market players are creating contracts with end users and customizing solutions to cater to industry-specific requirements.

Some of the Prominent Players Working in the Global Market

  • Grundfos
  • Sulzer Ltd.
  • Xylem Inc.
  • KSB AG
  • Flowserve Corporation
  • Ebara Corporation
  • Kubota Corporation
  • Ruhrpumpen Group
  • Kirloskar Brothers Ltd.
  • WILO SE
  • DESMI A/S
  • Pentair
  • Torishima Pump Manufacturing Co., Ltd

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End Suction Pumps Market by Category

By Type:

  • Close Coupled Pump
  • Separately Coupled Pump

By Flow Rate:

  • Upto 100 GPM
  • 100 to 300 GPM
  • 300 to 500 GPM
  • 500 to 1,300 GPM
  • 1,500 to 5,000 GPM
  • Above 5,000 GPM

By Application:

  • Commercial
    • Hotels
    • Swimming Pool
    • Retail Space
    • Office & Institution
  • Industrial
    • Food & Beverages
    • Chemicals
    • Mining & Metals
    • Power Generation
    • General Manufacturing

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:        

Nandini Singh Sawlani   

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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Action Figures Market is Expected to Reach at a US$ 20.91 Billion by 2033 | FMI

The global action figures market is predicted to grow significantly, exhibiting a CAGR of 8.8% from 2023 to 2033. According to the research report by FMI, the global market size is likely to hit US$ 9 billion in 2023 and US$ 20.91 billion by 2033.

Children’s cognitive abilities benefit from toys’ development. They support the kid’s continued engagement and activity. Action figures have long been popular among children and youngsters. The expanding population of children below 15 is likely to contribute to the market’s development. Additionally, the expanding middle-class population and the rising income levels are anticipated to foster growth for the market.

The increasing number of viewers of Japanese anime, superhero movies, TV serials, short films, and others is expected to boost product sales. The rising numbers of anime production companies and the growing expenditure on online streaming platforms are likely to aid market development. Furthermore, the rising digitalization and improving computer animation technologies are expected to foster market growth.

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The growing popularity of the Marvel series, DC series superheroes, and Japanese anime characters is anticipated to be a crucial factor driving market growth. The launch of premium and customized action figures by key market players is likely to be a key trend bolstering the market growth. Additionally, product improvements and innovations are probably going to play a significant role in the expansion of the global market. Launching toys with modern technologies, such as sensors and GPS trackers, is anticipated to uptick product demand.

The generation of several revenue streams is anticipated for market players due to the expansion of distribution channels. Sales of e-commerce are expected to increase, and supply chain network expansions are expected to promote industry growth.

Key Takeaways from Action Figures Market:

  • In 2018, the global market size stood at nearly US$ 5.95 billion. From 2018 to 2022, the market showcased modest growth in the following years, accounting for US$ 8.27 billion.
  • The superheroes action figures segment held a more than 45% market share in 2022.
  • The anime characters segment is anticipated to garner a CAGR of 9.7% from 2023 to 2033.
  • The offline distribution segment is predicted to account for more than 70% of global action figure sales revenue.
  • The United States is likely to clock a modest CAGR of nearly 41.2% in 2023.
  • Asia Pacific is projected to exhibit a CAGR of 10% from 2023 to 2033.

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Recent Developments Observed by FMI:

The Lego Group announced the expansion of its factory in Monterrey in August 2022. The US$ 580 million investment felicitated a 33,850 square-meter expansion at the facility. Because of its increased production capacity, the company can now meet demand from around the world.

Hasbro debuted its new ‘Selfie Series’ in July 2022. Customers can now create action figures thanks to the company’s new launch in collaboration with Formlabs. These 6 inches tall action figures can also be customized using their Hasbro Pulse app.

Key Players in the Action Figures Market Report:

  • The LEGO Group
  • Playmates Toys Ltd.
  • Hasbro
  • JAKKS Pacific Inc.
  • Mattel
  • Bandai Namco Holdings Inc.
  • Spin Master
  • Good Smile Company Inc.
  • McFarlane Toys
  • Diamond Select Toys

Action Figures Market Segmentation

By Material type:

  • Plastic
  • Silica Rubber
  • Others

By Type:

  • Superheroes
  • Anime Characters
  • Movie Characters

By End-user:

  • Up To 8 Years
  • 9 – 15 Years
  • 15 Years & Above

By Distribution Channel:

  • Online
  • Offline

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Flowing Forward: Analyzing Key Players, End Users, and Consumption Trends in the Magnetic Drive Pump Market through 2033

The magnetic drive pump market is expected to be worth US$ 660.2 million in 2022 and US$ 672.5 million in 2023. According to Future Market Insights, the magnetic drive pump market would grow at a CAGR of 6.4% between 2023 and 2033, totaling roughly US$ 1,251 million by 2033.

Demand for global magnetic drive pumps waned in 2020 due to the outbreak of COVID-19. With the construction industry in recovery mode, the long-term outlook of the market is expected to remain positive.
Expansion of the construction and mining industries is expected to increase the demand for heavy machinery and equipment, increasing sales in the magnetic drive pump market. As per FMI, increasing application in construction and mining industries is projected to register steady growth across China, India, and Indonesia.

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As per FMI’s analysis, the rapid adoption of technologically advanced equipment and machinery, coupled with increasing application for water treatment activities will spur sales. Backed by these aforementioned factors, the market is expected to surpass US$ 1.35 Billion by 2031.

Key Takeaways From the Market Report:

In terms of pump type, the centrifugal pumps segment is projected to hold 52.6% of the total magnetic drive pump market share.
Applications of magnetic drive pumps are anticipated to continue rising in the water treatment and mining sector, accounting for 15.6% and 13.3%, respectively.
Stainless steel is expected to remain the most preferred casing material for magnetic drive pump services
China is anticipated to emerge as an attractive market, capturing 40.2% of the East Asia magnetic drive pump market share.
Germany is projected to lead Europe’s magnetic drive pump market, growing at a 5.1% CAGR.
India will continue experiencing high demand for magnetic drive pumps, capturing 31.8% of the South Asia Pacific market share.
Japan and South Korea will collectively account for 8% of the global market share.
“Integration of advanced technology due to focus on automation in construction and mining industries is pushing the sales of advanced magnetic drive pumps. CAPEX investments and increase in water treatment projects also are expected to provide lucrative opportunities for the magnetic drive pump market. Steered by this, some of the leading OEMs are investing in strategic alliances, partnerships and product innovations to gain competitive advantage in the global market. These partnerships will allow companies to improve their production capacity and strengthen their technical expertise,” says an FMI analyst.

Competitive Landscape

The market is expected to be primarily consolidated, with key players accounting for more than half of the market share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares.

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Global Magnetic Drive Pump Market by Category

By Pump Type:

  • Centrifugal Pumps
  • Positive Displacement Pumps

By Flow Rate:

  • Up to 80 m3/hr
  • 81 – 200 m3/hr
  • 201 – 500 m3/hr
  • Above 501 m3/hr

By Casting Material:

  • Stainless Steel
  • Alloy
  • Engineering Plastic
    • PP
    • ETFE
    • PFA
    • CRETFE

By Application:

  • Mining
  • Chemical Manufacturing and Processing
  • Bio-Fuels and Refineries
  • Metal Plating and Finishing
  • Fume Scrubbing
  • Food Processing
  • Water Treatment
  • Surface Treatment
  • Desalination
  • Others

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:        

Nandini Singh Sawlani   

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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North America Ceramic Barbeque Grill Market is Expected to Expand at a 5.3% CAGR by 2033 | FMI

In 2023, the ceramic barbecue grill market in North America is projected to be valued at US$ 953.3 million. By 2033, it is anticipated to reach US$ 1,594.8 million.

It would grow between 2023 and 2033 at a 5.3% CAGR. The ceramic barbecue grill market share in North America is between 16% and 25% of the parent market, which is the barbecue market.

Manufacturing companies are investing in innovative product launches so that they can advance the grilling experience. They are providing high-quality products on board.

The ceramic barbecue grill market in North America is a booming area of the outdoor cooking market. Increasingly more people are using ceramic grills owing to its adaptability. Sales would also surge due to their comfort with baking, smoking, and grilling.

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Ceramic grills are built to last for several years as they are composed of premium materials. They are renowned for their superior heat dispersion and retention as well.

It aids in maintaining moisture in food while cooking it evenly. Ceramic grills come in a variety of shapes and sizes. They are available in big outdoor kitchen settings, as well as small portable models.

Growing acceptance of outside cooking and barbecuing culture is one of the key factors driving the ceramic grill market in North America. Interest in cooking and planning outdoor entertaining events is growing among Americans.

Grills made of ceramic provide a special and adaptable technique to do this. Demand for outdoor cooking supplies had increased as a result of the coronavirus outbreak.

During that time, people were staying at home more frequently. They were searching for novel ways to amuse themselves.

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Key Takeaways from the North America Ceramic Barbeque Grill Market Study

  • In North America, the USA ceramic barbeque grill market would hold a share of 85.9% by 2033.
  • Demand for charcoal ceramic is expected to increase with a CAGR of 3.6% by the end of 2033.
  • On the basis of end use, the commercial segment accounted for a revenue share of more than 24.4% in 2022.
  • By sales channel, independent kitchen appliance stores held a share of around 31.1% in 2022.
  • Canada ceramic barbeque grill market would rise with a CAGR of 9.1% in the forecast period.

“Due to stressed lifestyles, outdoor activities such as camping and living in the great outdoors have become popular recently. People nowadays value social interaction and healthy life. It would push sales in the market.” – Says a lead analyst.

Competitive Landscape: North America Ceramic Barbeque Grill Market

Leading manufacturers of ceramic barbeque grills are focused on aggressive promotional strategies. They are also focusing on advertisements and new product launches to propel sales of ceramic barbeque grills.

Leading players operating in the North America ceramic barbeque grill market are:

  • The Big Green Egg Inc.
  • Komodo Kamado
  • Kamado Joe
  • Empire Comfort Systems Inc.
  • Empire Comfort Systems Inc.
  • The Middleby Corp.
  • Dansons US LLC
  • Grill Dome
  • Saffire Grill
  • Icon Grills
  • Vision Grills

Get More Valuable Insights into North America Ceramic Barbeque Grill Market

Future Market Insights, in its new offering, provides an unbiased analysis of the North America ceramic barbeque grill market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033. The study divulges compelling insights on the North America ceramic barbeque grill market based on product type (gas ceramic grills, charcoal ceramic grills, electric ceramic grills), size (13 inches to 15 inches, 16 inches to 22 inches, 23 inches & above), end use (residential, commercial), sales channel (wholesalers/distributors, hypermarkets/supermarket, independent kitchen appliance stores, online retailers), and counties.

North America Ceramic Barbeque Grill Market Outlook by Category

By Product Type:

  • Gas Ceramic Grills
  • Charcoal Ceramic Grills
  • Electric Ceramic Grills

By Size:

  • 13 Inches to 15 Inches
  • 16 Inches to 22 Inches
  • 23 Inches & Above

By End Use:

  • Residential
  • Commercial

By Sales Channel:

  • Wholesalers/Distributors
  • Hypermarkets/Supermarkets
  • Independent Kitchen Appliance Stores
  • Online Retailers
  • Other Distribution Channels

By Country:

  • USA
  • Canada

About Future Market Insights (FMI)

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

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube