Vascular Dementia Treatment Market Envisioned to Reach US$ 8.99 Billion by 2033| Future Market Insights,Inc.

The estimated growth for the vascular dementia treatment market, according to a recent research by Future Market Insights, suggests an increase in market value to US$ 5.64 billion in FY 2023, showing a year-over-year rise of over 5%. Furthermore, over the projection period from 2023 to 2033, the market is anticipated to expand at a compound annual growth rate (CAGR) of 4.77%, with an estimated market value of US$ 8.99 billion by FY 2033.

In vascular dementia, these symptoms occur when the brain is damaged because of problems with the blood supply to the brain affecting brain regions important for memory, cognition, and behavior. It declines in thinking skills, caused by conditions that block or reduce blood flow to various brain regions, depriving them of oxygen and nutrients.

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Currently, there is no cure for the condition or a way to reverse the damage already happened. But treatment can help prevent further damage to the brain in people with vascular dementia and may slow down its progression. The progress in the understanding of vascular cognitive impairment (VCI) and vascular dementia (VaD) has resulted in the development of promising symptomatic and preventive treatments.

North America is expected to occupy a major share of the overall dementia drugs market during the forecasted period. This domination is owing to the rising patient population in the region. Moreover, it was also reported that challenges in dealing with dementia in Asia include limited awareness of the disease itself, the existence of stigma, underutilization of services, urbanization, and migration, and credibility of healthcare professionals.

The latest statistics released by the Department of Statistics, in Malaysia have shown that the percentage of the population aged 65 years and over (old age) increased from 6.7% in 2019 to 7.0% in 2020; which shows that the proportion of the older age population in Malaysia has been increasing each year and is leading Malaysia to an aging nation.

Key Takeaways from the Market Study

  • Market share of individual therapies with the current and forecasted 7 million market size from 2019-2032.
  • Decline in thinking skills, caused by conditions that block or reduce blood flow to various brain regions, depriving them of oxygen and nutrients.
  • Prevention of treatment aims to reduce the symptoms of the disease by eliminating its cause or main risk factors, with prevention in the management of stroke, by early diagnosis and appropriate treatment of acute stroke
  • No cure for the condition or a way to reverse the damage already happened. But treatment can help prevent further damage to the brain in people with vascular dementia and may slow down its progression.
  • North America is expected to occupy a major share of the overall dementia drugs market during the forecasted period, followed by Asia where Malaysia has shown that the percentage of the population aged 65 years and over (old age) increased from 6.7% in 2019 to 7.0% in 2020.

“With substance abuse becoming an area of major concern, healthcare providers are looking to collaborate with various entities, including governmental bodies, to push for legalization, as well as develop novel treatment drugs, which will provide ample opportunities for companies to develop key drugs,” Remarks an analyst at FMI.

Competitive Landscape

The publisher performs competitive and market Intelligence analysis of the Vascular Dementia (VaD) market by using various competitive intelligence tools that include SWOT analysis, PESTLE analysis, Porter’s five forces, BCG Matrix, Market entry strategies, etc. The inclusion of the analysis entirely depends upon the data availability.

  • In April 2022- NovaMedica developed and registered an innovative combination of Donepezil and Memantine molecules, the primary therapies for dementia. The drug is registered under the name MIOREOL. This is one of the combinations in the Russian market and the markets of the Eurasian Economic Union members and Europe.
  • In March 2022- Corium, Inc. received United States FDA approval for ADLARITY (donepezil transdermal system) as a treatment for patients with mild, moderate, or severe dementia.

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the vascular dementia treatment market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

Key Segments :

By Type:

  • Pipeline Development Activities
  • Reimbursement Scenario in Vascular Dementia (VaD)
  • Multi-infarct dementia
  • Binswanger disease
  • Vascular dementia from a strategic single-infarct
  • BAC: Charsire Biotechnology Corp
  • PNA1: ProNeurogen Therapeutics

By Treatment:

  • Drug class
  • Route of administration
  • Distribution channel

By End User:

  • Hospitals and Clinics
  • Rehabilitation Centers
  • Others

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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

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Polybutadiene Rubber Market Poised for 6.2% CAGR Growth, Reaching US$ 13.14 Billion by 2033

According to Future Market Insights, the global polybutadiene rubber market is anticipated to witness significant growth, with a projected compound annual growth rate (CAGR) of 6.2% during the forecast period from 2023 to 2033. Starting at a value of US$ 7.2 billion in 2023, the market is expected to expand to US$ 13.14 billion by 2033, driven by increasing demand and applications across various industries.

The global polybutadiene rubber market has witnessed steady growth in recent years, driven by increased demand in the automotive, industrial, and consumer goods sectors. It is expected to continue growing at a moderate rate in the coming years, fueled by its exceptional performance characteristics and emerging applications.

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Key Market Drivers:

  1. Automotive Industry: Polybutadiene rubber is a crucial component in the manufacturing of tires, providing superior wear resistance and low rolling resistance. As the automotive industry evolves, there is a growing demand for fuel-efficient and environmentally friendly tires, boosting the demand for PBR.
  2. Tire Industry: PBR is extensively used in tire manufacturing, especially in high-performance and specialty tires. The demand for specialized tires for electric vehicles, sports cars, and off-road vehicles is on the rise, contributing to the growth of the polybutadiene rubber market.
  3. Infrastructure Development: Construction and infrastructure development projects require high-quality rubber for applications such as bridge bearings and expansion joints. PBR’s durability and resistance to weathering make it a preferred choice for these applications.
  4. Consumer Goods: Polybutadiene rubber is used in various consumer products like footwear, sporting goods, and adhesives due to its excellent impact resistance and flexibility. As consumer preferences continue to evolve, the demand for these products is expected to increase.
  5. Research and Development: Ongoing research and development efforts are resulting in innovative formulations of polybutadiene rubber with enhanced properties. These innovations are opening up new opportunities in industries such as electronics, medical devices, and aerospace.

Top Key Players in the Polybutadiene Rubber Market

  • ARALNXEO (Netherlands)
  • UBE Industries Ltd (Japan)
  • JSR Corporation (Japan)
  • Kumho Petrochemical Co. Ltd (South Korea)
  • Reliance Industries Ltd. (India)
  • SABIC (Saudi Arabia)
  • LG Chem Ltd (South Korea)
  • Versalis SPA (Italy)
  • PJSC SIBUR Holdings (Russia)
  • Sinopec (China)
  • Kuraray Co. Ltd (Japan)

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Key Segmentation of the Polybutadiene Rubber Market

By Type:

  • Cis- Polybutadiene
  • Trans Polybutadiene

By Application:

  • Tires Manufacturing
  • Footwear
  • Wire insulation compounds
  • Sporting Accessories
  • Tape

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 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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Global Liquid Sugar Market Thrives Surging to US$ 130.3 Million by 2032, Meeting the Demand for Healthier Flavors in Europe, USA

The global liquid sugar market is set to witness growth at a CAGR of 7.1% and is anticipated to reach a valuation of around USD 130.3 Mn by 2032 while it is valued at USD 65.9 Mn in 2022.

Sugar is necessary for a cuisine to have flavour and to be enjoyable. If ingested, nevertheless, it may result in weight gain, diabetes, obesity, and cholesterol issues. This issue is solved by using liquid sugar, which lowers the food’s sweetness while simultaneously creating a unique flavour and increasing liquid sugar sales.

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The demand for liquid sugar is being fueled by an increase in the desire for mild sugars. When compared to liquid sugar, the manufacturing procedure for conventional sugar is more complicated. Another factor for the growth of the liquid sugar business is this. In addition, an increase in the number of hotels, restaurants, and cafés is assisting in its expansion. In addition, liquid sugar requires less filtering and pasteurization. In addition, liquid sugar is employed in cosmetics for a variety of reasons.

Liquid sugar also helps to avoid ice crystal formation in frozen desserts and control sugar crystallisation in sweets, making it increasingly popular in the bakery industry. Consistent quality and specification-oriented quality are two more factors increasing demand for liquid sugar over crystal sugar, great microbiological stability, no investment in equipment for dissolving, filtration, or pasteurization of liquid sugar, and minimal sugar loss.

Furthermore, customer preferences are evolving toward a greater variety of flavors in food goods, as well as a demand for low-calorie, high-fiber options. Major firms are also working on launching innovative products with the least amount of sugar, partnership, merger activity, and acquisitions to extend their global reach, fueling the demand for liquid sugar globally.

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Key Takeaways from Market Study

  • The market is segmented based on source, wherein sugarcane is anticipated to account for around 56.7% of the market share over the forecast period, increasing the sales of liquid sugar in the global market.
  • The North American liquid sugar market is expected to witness a lucrative growth rate of 5.6% during the forecast period.
  • East Asia is inferred to account for 19.2% of the global liquid sugar consumption through 2032.
  • Liquid sugar application in the food industry is expected to hold a liquid sugar market share of over 23.5% in the forecast period

“Key manufacturers are coming up with new products to their portfolios so that consumers can become more familiar with them. For the expansion of their firms, they are choosing solid strategies. They are concentrating on product branding and positioning. To expand their global influence, they are leveraging consumer pleasure as a viable way. These are the variables that are propelling the liquid sugar market forward.” says a Future Market Insights analyst.

Competitive Landscape

Market participants are always pursuing joint ventures, mergers and acquisitions, and other strategic efforts. Major corporations in fast-growing regions such as East Asia and South Asia are also striving to broaden their product lines to get a competitive advantage over their rivals.

Furthermore, a confectionery and bakery shortfall caused by a major demand-supply mismatch is projected to stifle market growth. However, a range of challenges and health issues associated with its use have limited the market for liquid sugar.

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  • Nord Zucker AG has introduced its liquid solutions based on pure saccharose and water that have applications in the food industry such as drinks, marmalades, cordials, pickle, jams and preserves. This fuels the demand for liquid sugar in new markets.
  • Cargill Incorporated and its liquid sucrose solution with an application range of soft drinks, processed foods, confectionery and baking, increasing the sales of liquid sugar globally.

 Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global liquid sugar market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on liquid sugar market source (sugar cane and beet), nature (organic and conventional), application (confectionery, bakery, processed food, frozen desserts, dairy products, and others) & Region across seven major regions of the world.

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
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Uncomplicated Urinary Tract Infection Treatment Market Poised to Achieve a US$ 17 Billion Valuation by 2033| Future Market Insights,Inc.

The global Uncomplicated Urinary Tract Infection Treatment Market had a market value of US$ 5.96 billion in 2022 and is expected to reach a market value of US$ 17 billion by 2023, with a CAGR of 10% from 2023 to 2033. The high prevalence of UTIs, rising antibiotic resistance, and growing awareness of the importance of proper UTI management all contribute to the growth of the uncomplicated urinary tract infection treatment market. From 2018 to 2022, the market for uncomplicated urinary tract infection treatment grew at a 5.7% CAGR.

One of the key drivers of the market is the increasing awareness of UTIs. With the growing availability of information online and through social media, more and more people are becoming aware of the symptoms of UTIs and the importance of seeking prompt treatment. This is leading to higher demand for antibiotics and other treatments, driving growth in the market.

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Another factor driving the market is the growing geriatric population. As people age, their risk of developing UTIs increases, and with the world’s population aging rapidly, the demand for UTI treatments is also increasing. According to the United Nations, the number of people aged 65 and over is expected to triple by 2050, reaching nearly 1.5 billion.

Finally, the rising incidence of UTIs is also contributing to the growth of the market. Factors such as the growing prevalence of diabetes, changes in sexual behavior, and the increasing use of catheters and other medical devices are all leading to higher rates of UTIs. This is creating a growing demand for effective treatments that can quickly and safely clear up UTIs.

Key Takeaways from the Market Study

  • The global Uncomplicated urinary tract infection treatment market is expected to grow with a 10% CAGR during 2023 to 2033.
  • Retail pharmacies are expected to hold 47% of the market share in 2023 for Uncomplicated urinary tract infection treatment market.
  • North America is expected to possess 48% market share for Uncomplicated urinary tract infection treatment market in 2023.
  • Europe uncomplicated urinary tract infection treatment market size is expected to possess 40% market share in 2023.
  • Retail Pharmacies Expected to Procure 47% Market Share for Uncomplicated Urinary Tract Infection Treatment Market: FMI Study

Key players are investing heavily in research and development to bring new and improved treatments to market, and are also working to expand their distribution networks to reach more patients.” states an FMI analyst

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Competitive Landscape :

Key players in the uncomplicated urinary tract infection treatment market are GlaxoSmithKline, Iterum Therapeutics, Inmunotek, Janssen Pharmaceuticals, Fimbrion Therapeutics, Pfizer, Allergan Plc, Bristol-Myers Squibb, Merck & Co., Inc., Cipla Inc.

  • GSK has developed a drug called Avycaz, which is a combination of ceftazidime and avibactam, used for the treatment of complicated UTIs. Avycaz is effective against a wide range of gram-negative bacteria, including some that are resistant to other antibiotics.
  • Iterum Therapeutics is a biopharmaceutical company that is focusing on developing novel antibiotics to treat infections caused by multi-drug resistant pathogens, including those that cause Uncomplicated Urinary Tract Infections (UTIs).

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global Uncomplicated urinary tract infection treatment market, presenting historical analysis from 2018 to 2022 and forecast statistics for the period of 2023 to 2033.

The study reveals essential insights based on Drug Class (Gepotidacin, Probenecid, Sulfonamide, Tetracycline, Nitrofuran) Distribution Channel (Hospital Pharmacies, Gynaecology and Urology Clinics, Retail Pharmacies, Online Drug Stores) Region (North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East & Africa)

Key Segments:

Drug Class:

  • Gepotidacin
  • Probenecid
  • Sulfonamide
  • Tetracycline
  • Nitrofuran

Distribution Channel:

  • Hospital Pharmacies
  • Gynaecology and Urology Clinics
  • Retail Pharmacies
  • Online Drug Stores

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About Future Market Insights (FMI)

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

Contact Us:        

Nandini Singh Sawlani   

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

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Thermoplastic Ester Elastomers (TPEE) Industry Set to Grow at a 5.9% CAGR in the 2023-2033 Forecast Period

According to Future Market Insights, the global thermoplastic ester elastomers (TPEE) industry is set to experience substantial growth in the forecast period from 2023 to 2033, with a projected compound annual growth rate (CAGR) of 5.9%. The market size for thermoplastics is expected to expand significantly, reaching US$ 292.2 billion in 2023 and a remarkable US$ 518.3 billion by 2033, reflecting a promising trajectory for the TPEE sector in the coming decade.

Thermoplastic ester elastomers (TPEE) are a unique class of materials that combine the attributes of both thermoplastics and elastomers. This results in a polymer with excellent elasticity, durability, and chemical resistance while remaining processable through conventional thermoplastic techniques, such as injection molding and extrusion. TPEE materials are known for their exceptional mechanical properties, weather resistance, and high-temperature stability, making them a sought-after choice in a variety of applications.

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Key Market Drivers:

  1. Automotive Industry: The automotive sector is one of the primary drivers of the TPEE market. TPEE is utilized in a wide range of applications, from sealing systems and under-the-hood components to interior and exterior trim. The demand for lightweight and durable materials in this industry is propelling the growth of TPEE.
  2. Consumer Goods: TPEE is used in various consumer products, including sports equipment, footwear, and electronics. Its excellent flexibility and weather resistance have made it popular for outdoor and sports-related items.
  3. Medical Devices: The medical industry is another significant consumer of TPEE, particularly in applications requiring biocompatibility, chemical resistance, and sterilization compatibility. TPEE is used in medical tubing, seals, and gaskets.
  4. Industrial Manufacturing: TPEE is also employed in industrial applications where resistance to chemicals, oils, and high temperatures is crucial. This includes gaskets, seals, and industrial hoses.

Top Key Players in the Thermoplastic Ester Elastomers (TPEE) Industry

  • DuPont
  • DSM
  • Toyobo
  • Taiwan Changchun
  • Celanese
  • SK Chemicals
  • SABIC, Mitsubishi Chemical
  • Radici Group, Sunshine Plastics
  • Ashland Inc.
  • Covestro
  • Teijin Plastics and various others

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Key Segmentation of the Thermoplastic Ester Elastomers (TPEE) Industry

By Grade:

  • Injection Molding Grade
  • Extrusion Grade
  • Blow Molding Grade
  • Others

By Application:

  • Automotive components
  • Industrial Products
  • Consumer Products

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 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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Clinical Next-Generation Sequencing (NGS) Data Analysis Market is poised for growth, with an expected valuation of US$ 13.1 billion by 2033, as reported by FMI  

As per Future Market Insights’ latest industry analysis, the valuation for the global Clinical Next-Generation Sequencing (NGS) Data Analysis Market was around US$ 2.3 Billion in 2022, and the market is projected to exhibit growth at a CAGR of 17.4% over the forecast period, with an estimated valuation of around US$ 13.1 Billion by 2033.

Increasing prevalence of cancer, rise in geriatric population and lifestyle diseases globally, technological advancements in the field of genomic-based bioinformatics tools, and increasing government funding for life science projects, are some of the significant factors accelerating the market growth.

The demand for precise and quick sequencing interpretation tools and algorithms that may accelerate data processing is growing as clinical next-generation sequencing (NGS) technology progresses and their usage in clinical diagnosis, genomic research, and personalized treatments for a variety of disorders increases.

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It is anticipated that sequencing programs would expand in scope because of rising genetic data production and declining sequencing costs. As a result, there is a higher need for complex bioinformatics pipelines that include state-of-the-art, efficient solutions.

Key Takeaways from Market Study:

  • NGS data analysis & sequencing services is the leading segment as solution and services, and is anticipated to hold a CAGR of 15.2% between 2023 & 2033, owing to affordability of NGS data analysis & sequencing services.
  • Sequencing by synthesis (SBS) segment by technology holds a market value share of around 42.7% in 2022, because of its capabilities, which include long-insert paired-end reads for efficient sequence assembly, de novo sequencing, and other applications.
  • Medical research dominates in term of application of clinical next-generation sequencing (NGS) data analysis with a projected market value share of around 39.6% in 2022, owing to increasing sequencing based approaches.
  • By end user, academic & research institutes held a share of around 37.7% in 2022, due to increasing adoption of NGS platforms.
  • North America held a value share of around 40.6% in 2022, owing to the advancements made in personalized medicines, NGS, and companion diagnostics in the region.

 “The development of next-generation sequencing (NGS) technologies and their increased use in genomic research, clinical diagnosis and personalized treatment for a numerous diseases are driving up the demand for exact and rapid sequencing interpretation tools and algorithms speeding up data analysis, which result in increased market demand,” says an analyst of Future Market Insights.

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Market Competition:

The COVID-19 pandemic had a favorable effect on the clinical next-generation sequencing (NGS) data analysis industry, due to the increased implementation of next-generation sequencing (NGS) technology.  NGS technology was also used to identify new coronavirus strains and other diseases.

The overall demand for the healthcare sector has increased because of the increased demand. In light of the increased demand for COVID-19-related research, the clinical next-generation sequencing (NGS) data analysis market experienced a jump in demand during the height of the pandemic.

  • In September 2022, QIAGEN and Neuron23 collaborated to develop next-generation sequencing companion diagnostics for a novel Parkinson’s disease drug.
  • In March 2022, Thermo Fisher Scientific launched the Ion Torrent Genexus Dx Integrated Sequencer, an automated next-generation sequencing (NGS) platform.

Key Companies Profiled:

  • Agilent Technologies, Inc.
  • Illumina, Inc.
  • Thermo Fisher Scientific, Inc.
  • Eurofins Scientific
  • BGI Group
  • Qiagen
  • Roche Diagnostics
  • DNAStar, Inc.
  • Bio-Rad Laboratories, Inc.
  • Congenica Ltd.
  • Theragen Etex Inc.
  • PerkinElmer, Inc.
  • Partek Inc.
  • Oxford Nanopore Technologies PLC.
  • Pacific Biosciences of California, Inc.
  • Golden Helix, Inc.
  • BioDatomics
  • PierianDx

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Key Market Segments Covered in the Clinical Next-Generation Sequencing (NGS) Data Analysis Industry Research:

Solution and Services:

  • NGS Data Analysis Tools
    • Sequence Alignment Tools
    • Alignment Visualization Tools
    • Gene Prediction Tools
    • Variant Analysis Tools
    • Others
  • Platforms
    • Next-Generation Sequencing (NGS) Platforms
    • Clinical Informatics Platforms
    • Others
  • NGS Data Analysis & Sequencing Services
    • Whole-Genome Sequencing (WGS)
    • Whole Exome Sequencing (WES)
    • Comprehensive genomic profiling (CGP)
    • Custom Panels
    • RNA Sequencing
    • Other Sequencing Services
  • NGS Storage, Management & Cloud Computing Platform

Technology:

  • Sequencing by Synthesis (SBS)
  • Nanopore Sequencing
  • Single-Molecule Real-Time (SMRT) Sequencing
  • Others

Application:

  • Diagnostics
  • Drug Discovery & Designing
  • Medical Research
  • Others

End User:

  • Hospitals & Clinics
  • Academic Institutes & Research Centers
  • Biotechnology Companies
  • Life Science Technology Vendors
  • Others

Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • The 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 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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Chinese Takeout Market Surges to US$ 107.8 Billion by 2032 Fueled by Growing Appetite for Premium, Fresh, and Plant-Based Options, Spanning Europe, USA

The Market for Chinese takeout is predicted to account for US$ 107.8 billion in 2032, up from US$ 62.7 billion in 2022, advancing at a CAGR of 7.2% during the forecast period (2022-2032).

The Chinese takeaway market is benefiting from an increasing demand for products made with premium, fresh, organic ingredients and even plant-based substitutes. Since that digital natives will be in charge of the majority of future transaction volume, an increase in the usage of technology for ordering and delivery is unavoidable.

Over the projected period, the market statistics for Chinese takeaway are expected to improve at the fastest rate. With rising living standards, consumers’ extravagant consuming patterns have undergone considerable changes.

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Greater disposable income and a burgeoning eating-out culture have pushed demand for Chinese takeout in emerging countries. Emerging Chinese takeout market trends, such as consumers becoming increasingly aware of food safety problems, organic eateries are getting more popular.

The demand for Chinese takeout food services is growing as the country’s residents seek a more convenient lifestyle, implying that the food service business would expand in the future. Younger consumers are driving the Chinese takeout market, as they define and influence purchase patterns and are more adventurous in their tastes.

During the projection period, North America is expected to grow at a CAGR of 22.4%. With the United States’ dominance in the world reportedly being overtaken by China’s, the Asian giant’s cuisine is beginning to take center stage. In 2022, the urban population is predicted to grow, creating an opportunity in the Chinese takeout market.

Key Takeaways:

  • The Chinese takeout market is predicted to develop at a CAGR of 7.2%, with a market share of US$ 107.8 billion through 2032.
  • The Chinese takeout market share in North America is estimated to have a CAGR of 22.4% through 2032.
  • The Chinese takeout market in Europe is expected to have a prodigious CAGR of 21.4% through 2032.
  • The Chinese takeout market in East Asia is expected to have a prodigious CAGR of 29.4% through 2032.
  • The Chinese takeout market is having a market share of US$ 62.7 billion in 2022.
  • Countries like the US, China and Germany hold a total share of 36.8% of the Chinese takeout market.
  • The independent food service segment of the Chinese takeout market, based on ownership, is expected to grow at an annual rate of 65.3% through 2032.

Competitive Landscape:

Lo Mein, Manchu Wok, Asian Chao, City Wok, Din Tai Fung, Pei Wei Asian Kitchen, Chinese Gourmet Express, Bd’s Mongolian Grill, P.F. Chang’s, Mr. Chow, South Beauty, Goubuli, Haidilao, Morals Village, Lianxiang Lou, and Other Players are some major key players in the Chinese takeout market. It is expected from the legacy players to accelerate efforts to gain additional Chinese takeout market share through the right injection of funds.

Some of the primary measures players are employing to take advantage of the Chinese takeout market opportunities include frequent product launches, geographic expansions, and distribution agreements to expand their consumer base.

Recent Developments:

  • In accordance with Australian corporate law, Yum! Brands announced the completion of its acquisition of Dragontail Systems Limited (Dragontail), an AI-based innovative provider of technological solutions for the food sector, in 2021.
  • McDonald’s said in 2021 that it would test its first-ever plant-based burger, the McPlant, in China, as part of a strategic three-year relationship with Beyond Meat Inc.
  • Restaurant Brands International, Inc. and Ant Group established a regional cooperation in 2021 to accelerate the digital transformation of its restaurant operations across Asia-Pacific.

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Key segments:

By Product:

  • Appetizers
  • Soups
  • Rice
  • Dishes
  • Noodle Dishes

By Restaurant Type:

  • Quick Service Restaurants
  • Full Service Restaurants
  • Cafe and Bars
  • Street Food

By Nature:

  • Vegetarian
  • Non-Vegetarian
  • Vegan

By Purchase Model:

  • Direct to Consumer
  • Platform to Consumer

By Payment Type:

  • Cash
  • Debit Cards
  • Credit Cards
  • Digital Wallets
  • Electronic Bank Transfers

By Ownership:

  • Chained Foodservice
  • Independent Foodservice

Frequently Asked Questions:

  • What is the Growth Rate of the Chinese Takeout Market?
  • What is the projected value of the Chinese Takeout Market by 2032?
  • What was the Present Size of the Chinese Takeout Market?
  • Which is the Growing Region in the Chinese Takeout Market?
  • Which Segment is Leading in the Chinese Takeout Market based on Ownership?

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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:

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Fiber Bale Packaging Film Market Size Projected to Reach US$ 3.5 Billion by 2032: FMI Study

Fiber Bale Packaging Film, also known as bale wrap or bale netting, is a specialized packaging material designed for the secure and efficient wrapping and protection of baled materials. Baled materials typically include agricultural products such as hay, straw, and silage, as well as other bulk materials like textiles and recyclables.

The global fiber bale packaging film market is poised to generate a significant incremental opportunity, exceeding US$ 3.5 billion by the conclusion of 2032. Anticipated sales of fiber bale packaging films are set to surpass the US$ 2.8 billion mark by 2022, with an expected accelerated Compound Annual Growth Rate (CAGR) ranging from approximately 4% to 5% throughout the forecast period spanning from 2022 to 2032.

Fiber bale packaging films are widely used in agricultural, construction, textile, and recycling industries, where baled materials are common. These films play a crucial role in safeguarding the quality and condition of baled materials while facilitating efficient handling, storage, and transportation.

The increasing embrace of innovative bale packaging solutions designed to enhance the convenience of handling, storing, and transporting materials across various industries is forecasted to be a driving force behind the escalating demand for fiber bale packaging films on the global stage.

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Market Competition

Some of the leading players in the global fiber bale packaging film market are Sonoco Products Company (Conitex), Lenzing Plastics GmbH & Co KG, Cortec Corporation, Stein Fibers, Ltd., ITW Signode India Limited, and others.

Leading players in the global market are aiming at launching sustainable products and capacity expansion to increasing their share in the highly competitive market.

Key Drivers:

  1. Increased Sustainability: The growing emphasis on sustainable and eco-friendly packaging solutions has fueled demand for fiber bale packaging films, which are biodegradable and recyclable.
  2. Agricultural Growth: The expansion of the agricultural sector and increased baling of crops such as hay, straw, and cotton has driven the demand for fiber bale packaging films.
  3. Efficient Transportation: Fiber bale packaging films enhance the efficiency of transporting baled materials, reducing the risk of damage and loss during transit.
  4. Cost-Effective Packaging: Fiber bale packaging films offer cost-effective solutions for packaging bulk materials compared to traditional packaging methods.
  5. Resistance to Moisture: These films provide moisture resistance, protecting baled materials from water damage and preserving their quality.
  6. Customization: Manufacturers offer customization options for fiber bale packaging films, including different sizes and thicknesses to suit specific industry requirements.
  7. Ease of Handling: Fiber bale packaging films are designed for ease of handling, making it simpler for workers to wrap and transport baled materials.
  8. Industrial Growth: The growth of industries such as agriculture, construction, and textiles, which rely on baled materials, has boosted the demand for fiber bale packaging films.
  9. Product Protection: These films offer protection against dust, pests, and UV radiation, preserving the quality of baled materials.
  10. Regulatory Compliance: Compliance with safety and quality regulations in industries like agriculture and textiles has increased the adoption of fiber bale packaging films.
  11. Advanced Material Technology: Ongoing advancements in material technology have improved the performance and durability of fiber bale packaging films.
  12. Global Trade: International trade activities, including the export of agricultural and textile products, have driven the need for reliable packaging solutions like fiber bale packaging films.
  13. Efficient Storage: Fiber bale packaging films enable efficient storage of baled materials in warehouses and shipping containers, optimizing space usage.
  14. Protection from Contamination: These films protect baled materials from contamination and external factors during storage and transportation.
  15. Emerging Markets: Growing demand for baled materials in emerging markets has contributed to the expansion of the fiber bale packaging film market.

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Key Players:

  • Sonoco Products Company (Conitex)
  • Lenzing Plastics GmbH & Co KG
  • Cortec Corporation
  • Stein Fibers, Ltd.
  • ITW Signode India Limited

Market Segmentation:

By Material Type:

  • Polyethylene Terephthalate (PET)
  • Polypropylene (PP)
  • Polyethylene (PE)
  • Low-Density Polyethylene (LDPE)
  • Linear Low Density Polyethylene (LLDPE)
  • High Density Polyethylene (HDPE)
  • Other Plastics

By Thickness:

  • Up to 9 microns
  • 9 to 12 microns
  • Above 12 microns

By End Use:

  • Electrical & Electronics
  • Food & Beverages
  • Automotive and Allied Industries
  • Building and Construction
  • Agriculture
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan (APEJ)
  • Japan
  • Middle East and Africa

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About Future Market Insights (FMI)

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

Contact Us:        

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Cerebral Oximetry Monitoring Market on Track to Reach US$ 435.40 Million Valuation by 2033 | Future Market Insights,Inc.

In 2023, the global Cerebral Oximetry Monitoring Market is expected to be worth US$ 217.24 million. The market is expected to double to exceed US$ 435.40 million by 2033, with a 7.2% CAGR from 2023 to 2033.

The monitoring devices have undergone significant continuing technological advances. Several therapeutic settings, including vascular and cardiac operations, utilize the cerebral oximetry method. An oximeter probe with a cable attachment and a connection to the oximeter monitor is included in the cerebral oximeter setup.

During the forecast period, the need for non-invasive monitoring technologies is predicted to expand significantly. The primary reasons behind this rising demand are the growing incidence of neurological illnesses along with the rising aged population. The market is expanding as a result of the introduction of new products with enhanced accuracy and usability in the cerebral oximetry monitoring field of technology.

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Regulating the process of anesthesia, this aids in ensuring that the brain receives adequate amounts of oxygen to preserve its health is one of the market’s highly essential goals. By utilizing continuous, non-invasive near-infrared spectroscopy (NIRS) technology or near-infrared technology, cerebral oximeters have a significant role to play in acquiring brain oxygenation readings.

The FDA has been seen to be approving cerebral oximeters on a more frequent basis, which presents market players with an opportunity. Also, there is an increase in the prevalence of neurological disorders worldwide, which is driving up demand for cerebral oximeters as one of the crucial instruments for keeping track of these patients’ oxygen levels.

North America is considered one of the leading economies in the world and has a developed medical device sector. As a result, this region dominates the global cerebral oximetry monitoring market. The market in this region is receiving more attention from industry participants, given the greater usage of cerebral oximeters there. Increasing demand for high-quality care, favorable reimbursement rules, and the dominance of the key companies in this region are the key factors fueling the market’s expansion.

KEY TAKEAWAYS

  • Given the increasing demand for non-invasive brain function monitoring and technological improvements, the United States cerebral oximetry monitoring market is anticipated to rise steadily.
  • Owing to the growing occurrence of neurological disorders and the expanding use of cerebral oximetry monitoring in surgical operations, the market in the United Kingdom is predicted to expand.
  • Given the increasing prevalence of cerebrovascular illnesses and the growing emphasis on improving patient outcomes through real-time brain function monitoring during operations, the market in China is predicted to experience substantial development.
  • Owing to an aging population and an increase in the frequency of brain and cardiovascular disorders, the market is estimated to be growing consistently in Japan.

COMPETITIVE LANDSCAPE

Manufacturers in the cerebral oximetry monitoring market are concentrating on creating cutting-edge technologies and devices that offer precise and immediate monitoring of the levels of oxygenation in the brain. To increase the efficacy and efficiency of these items, they are also making investments in research and development. To broaden their market reach and enhance patient outcomes, manufacturers are also working with healthcare professionals and increasing their distribution networks.

RECENT DEVELOPMENTS

  • Masimo reported that O3 Regional Oximetry was given FDA approval for extended usage in August 2020. This included monitoring changes in hemoglobin, oxy-hemoglobin, and deoxy-hemoglobin in adult brains as well as somatic tissue oxygenation saturation in all patient groups.
  • The NellcorTM Bedside Respiratory Patient Monitoring system was introduced by Medtronic in 2021. Clinicians can immediately identify and respond to respiratory distress owing to the system’s continuous monitoring of patients’ oxygenation and respiratory status.

Key Players

  • Masimo
  • GE Healthcare
  • Medtronic
  • Nonin
  • Mespere LifeSciences
  • Edwards Lifesciences Corporation
  • ISS, Inc.
  • Hamamatsu Photonics K.K.
  • Terumo Cardiovascular Systems Corporation

Cerebral Oximetry Monitoring Market Segmentation

Cerebral Oximetry Monitoring Industry By Application:

  • Cerebral Oximetry Monitoring for Cardiac Surgery
  • Cerebral Oximetry Monitoring for Vascular Surgery
  • Cerebral Oximetry Monitoring for Others

Cerebral Oximetry Monitoring Industry By Age Group:

  • Cerebral Oximetry Monitoring for Pediatric
  • Cerebral Oximetry Monitoring for Adult

Cerebral Oximetry Monitoring Industry By End User:

  • Cerebral Oximetry Monitoring for Hospitals & Clinics
  • Cerebral Oximetry Monitoring for Ambulatory Surgical Centers
  • Cerebral Oximetry Monitoring for Others

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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
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Stereotactic Surgery Devices Market Charting a Course: Aiming for a US$ 39.36 Billion Valuation by 2033| Future Market Insights,Inc.

From 2023 to 2033, the market for Stereotactic Surgery Devices is expected to grow at a 4.1% CAGR, from US$ 26.34 billion in 2023 to US$ 39.36 billion in 2033.

The primary factors driving demand for stereotactic surgery devices are rising demand for minimally invasive operations, increasing cancer prevalence, and technological improvement in stereotactic surgery equipment.

During the first half of the covid-19 pandemic, countries such as India and Malaysia saw a substantial drop in medical tourism. This is due to travel restrictions established by many countries in order to prevent the virus from spreading. Nonetheless, the government’s numerous tactics for controlling the crisis, as well as mass vaccination efforts, assisted the economy in opening up and operating at full capacity. As a result, it aided the market’s recovery at a rapid speed in the second half of the epidemic.

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With governments and various healthcare professionals focused on research and development and investments in the healthcare sector, the next developments might drive the expansion of the stereotactic surgery instruments industry. Furthermore, the increasing use of these devices in patients with arteriovenous malformations, epilepsy, and Parkinson’s disease is likely to provide a substantial boost to the market in the future years. The rising prevalence of these medical disorders is also projected to accelerate the adoption of stereotactic surgery instruments.

One of the most effective cancer treatments is radiosurgery. Stereotactic radiosurgery allows for the precise treatment of malignancies with high-dose radiation. Technical improvements in stereotactic radiosurgery aid in boosting treatment precision. Moreover, stereotactic radiosurgery aids in concentrating radiation dose on tumor cell lining, reducing the influence of radiation on adjacent healthy tissues.

Stereotactic radiosurgery and accompanying equipment are incorporating a variety of technologies. Radiosurgery therapies based on Varian technology help physicians treat many forms of cancer. Varian Medical Systems provide the Edge radiosurgery system, which is based on Varian technology and includes other technological components. Clinics, for example, can employ this modern equipment to perform streamlined stereotactic radiosurgery with speed and precision.

Despite the numerous benefits of stereotactic surgery, the expensive cost of stereotactic instruments is projected to stymie market expansion. Stereotactic radiosurgery can be delivered using ordinary Linear Accelerators (LINACs) or systems such as Gamma Knife. Unfortunately, many nations lack the financing and money to maintain such expensive radiation systems, which may have a negative impact on market growth.

Key Points from the Stereotactic Surgery Devices Market

  • The market is expected to surpass US$ 39.36 billion by 2033.
  • Rising surgical procedures, growing cancer prevalence, and increased government awareness campaigns are key factors boosting market expansion.
  • Stereotactic surgery devices market is expected to hold a CAGR of 4.1% during the forecast period 2023 to 2033.
  • North America dominated the stereotactic surgery devices market.

Key Developments in the Stereotactic Surgery Devices Market

  • October 2021 – Ion Beam Applications SA announced the launch of the world’s first online proton therapy platform.
  • June 2021 – Navi Netics Inc. received premarket product approval from the US Food and Drug Administration for their NaviNeticsD1 Stereotactic System.
  • June 2021 – Elekta AB gained product approval from the US FDA for their linear accelerator-based Elekta harmony radiation therapy system.
  • May 2022 – Elekta AB introduced the Elekta Spirit, a Next-generation Gamma Knife that will offer individualized radiosurgery with sub-milli-meter accuracy and treatment planning in less than 60 seconds.

Among the Key Companies in the Global Stereotactic Surgery Devices Market are

  • Koninklijke Philips N.V.
  • Hitachi Medical Systems
  • Huiheng Group
  • Siemens Ag
  • Elekta AB
  • Varian Medical Systems
  • IBA
  • Accuray Incorporated

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Stereotactic Surgery Devices Market Key Segmentation

Stereotactic Surgery Devices Market by Product:

  • Stereotactic surgery devices market for Gamma Knife
  • Stereotactic surgery devices market for LINAC
  • Stereotactic surgery devices market for PBRT
  • Stereotactic surgery devices market for Cyber Knife

Stereotactic Surgery Devices Market by Application:

  • Stereotactic surgery devices market for Liver
  • Stereotactic surgery devices market for Breast
  • Stereotactic surgery devices market for Prostate
  • Stereotactic surgery devices market for Lung
  • Stereotactic surgery devices market for Colon

Stereotactic Surgery Devices Market by Region:

  • Stereotactic Surgery Devices in North America Market
  • Stereotactic Surgery Devices in Europe Market
  • Stereotactic Surgery Devices in Asia Pacific Market
  • Stereotactic Surgery Devices in Latin America Market
  • Stereotactic Surgery Devices in the Middle East & Africa Market

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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