Opioid Use Disorder Treatment Market Targeting US$ 8.4 Billion by 2033, with Buprenorphine Dominating at 81.4% | Future Market Insights,Inc.

The global opioid use disorder treatment market size is expected to attain an impressive valuation of US$ 3.07 billion in 2023 and is projected to reach US$ 8.4 billion by 2033, expanding at a CAGR of 10.5% during the forecast period. The drug abuse treatment providers and manufacturers primarily focus on creating awareness among people and drug store owners about the severe effects of drug abuse and the importance of abuse treatment.

This increase their customer pool which directly aids in market expansion of Opioid use disorder treatment. Growing awareness through television advertisements, newspapers, information brochures, and other media are proving to be very effective in impeding the opioid abuse crisis to a certain extent.

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There are various organizations that are participating with other organizations that is leading to industry’s expansion. For example, in March 2016, GlaxoSmithKline collaborated with 2morrow Inc., developer of SmartQuit app to supply patches to smokers having the app plan. Similarly, In August 2013, the company agreed to distribute its Buprenorphine HCl and Naloxone HCl Dihydrate Sublingual Tablets (CIII), a generic version of Suboxon with Amneal Pharmaceuticals LLC , to the addiction treatment centers. This will benefit the market in the long-term.

On the other hand, addiction crisis over the past decade has driven the need to invest in integrated research and development activities which focus on addiction treatment and the recovery process. Even though the number of research activities pertaining to issues related to Opioid use disorder has increased at an impressive pace, stakeholders operating in the current treatment market landscape are progressively finding new methods to apply these findings into the real-world care delivery. This is expected to fuel market’s growth in the forthcoming period.

Some of the other factors propelling growth in this market include rising prevalence of diseases that cause chronic pain, such as cancer, lower back pain arthritis, fibromyalgia and postsurgical pain, interest toward extended-release formulations from the immediate release of opioids, and increasing focus on the abuse-deterrent formulation (ADF) by generic manufacturers.

In addition, in countries such as the United Kingdom, the National Health Service runs various public and privately funded programs for treatment of Opioid use disorder. Moreover, several companies adopt the strategies of merger and acquisition to bolster their market presence in new geographies or add new products and services or both to existing platforms, which helps the industry to grow. For example, in December 2015, Acadia Healthcare acquired Priory Group, a leading provider of behavioural care services in the United Kingdom. This acquisition was intended to expand Acadia Healthcare’s capacity and geographic presence in the United Kingdom which would help in growing overall market of Opioid use disorder treatment.

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However, rising expenditure required for the diverse treatment processes is challenging market growth. Several market players make huge investments in manufacturing new and medically advanced treatment procedures to boost the recovery process, and in return, it increases treatment cost which then hamper the growth of industry.

Key Takeaways:

  • North America is expected to dominate the industry while reaching market share of around 48% by the end of the forecast period.
  • The market in East Asia is projected to reflect fastest CAGR of 8.8% during the projected timeline.
  • By drug class, Buprenorphine is projected to account for 81.4% market share by end of the forecast period.
  • Hospitals are expected to dominate the market by distribution channel, with a market share of 35% by 2033.

“Rising collaborations and mergers between companies, increasing research and development activities and adoption of technological advanced techniques for treating Opioid disorder will drive the industry’s growth,” comments an FMI analyst

Competitive Landscape

The Opioid use disorder treatment Market is competitive and consists of several major players. Major players are creating novel delivery systems for the treatment of opioid use disorder. This is expected to propel Opioid use disorder treatment market. The major players in the market are: Trevena, Opiate Pharmaceutical, Aphios, Kyowa kirin, Gamida-Cell, Novartis, Titan Pharmaceuticals, Inc., Hikma Pharmaceuticals, MediciNova, Alkermes, Inc., BioDelivery Sciences International, Inc.

Some recent developments in the market are:

  • In January 2022, Trevena, Inc. declared that China’s National Medical Products Administration (NMPA) has accepted the submission of a New Drug Application (NDA) for OLINVYK (oliceridine) injection, a novel IV analgesic that has been approved in the United States by the FDA for use in adults for managing acute pain severe enough to require an intravenous opioid analgesic.
  • In October 2021, Esteve Pharmaceuticals received authorisation from the United States Food and Drug Administration (FDA) for SEGLENTIS (celecoxib and tramadol hydrochloride) for the management of acute pain in adults that is extreme enough to require an opioid analgesic.
  • In January 2020, Titan Pharmaceuticals, Inc. made a revelation that they had entered into an agreement with AllianceRx Walgreens Prime for the expansion of accessibility of patients for Titan’s opioid use disorder implant branded as “Probuphine implant”.

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global Opioid use disorder treatment market, providing historical data for 2018-2022 and forecast statistics from 2023-2033.

To understand opportunities in the Opioid use disorder treatment market, the market is segmented on the basis of drug class (Romiplostim, Omidubicel, Nalmefene, buprenorphine, Methadone, Naltrexone) By route of administration (Oral, Parenteral), by distribution channel (Hospital pharmacies, retail pharmacies, online pharmacies) by region (North America, Europe, Latin America, East Asia, South Asia, Oceania, Middle East and Africa)

About the Healthcare Division at Future Market Insights

The healthcare team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

Key Segments:

By Drug Type:

  • Romiplostim
  • Omidubicel
  • Nalmefene
  • Buprenorfine
  • Methadone
  • Naltrexone

By Route of Administration:

  • Oral
  • Parenteral

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

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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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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

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Mucinoses Management Market on Track to Reach Nearly US$ 670 Million by 2033 with a 19.5% CAGR | Future market Insights,Inc.

A recent report published by Future Market Insights expects the mucinoses management market to expand at a CAGR of 19.5% during the 2023 to 2033 forecast period. As of 2023, the market is slated to reach a valuation of US$ 112.81 million. The mucinoses management market is expected to grow as a consequence of various variables impacting the healthcare industry, such as increased government funding for research and development, as well as significant changes implemented into the system to enable various health specialists to concentrate not only on providing sufficient volume but also on ensuring medical providers do not stymie the level of service. In 2017, the EU government spent USD 1221 billion on healthcare, accounting for approximately 7.1% of GDP.

Enhanced occurrences of head and neck cancer will be a major driving factor for the North American severe oral mucositis industry to expand in the years ahead. The prominent competitors in the United States are focusing on fundraising to supplement studies and development for managing severe oral mucositis induced by radiation therapy and chemotherapy in cancer patients.

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As a result of this factor, North America is expected to see market growth. The growth of Asia Pacific can be attributed to government programs that assist orphan ailment patients. For example, the Indian government directed federal and state governments in July 2022 to ensure that healthcare programs evolved to treat patients suffering from orphan diseases.

Key Takeaways:

  • From 2018 to 2022, sales increased significantly, with an 18% CAGR.
  • In the United States, patients must pay an additional US$ 3,700 per loop for chemotherapeutic-induced oral mucositis.
  • In 2021, the severe oral mucositis market in the United States is expected to be worth US$ 79 million.
  • By 2033, the global mucinoses management market is expected to be worth US$ 669.95 million by 2033.
  • According to FMI, the European Mucinoses Management market will grow at a 17.1% value CAGR by 2033.

“The proactive approaches premised on ground-breaking initiatives to introduce innovative SMA medicines to resolve unmet medical requirements in rare disease therapeutics is expected to propel industry growth,” says an FMI analyst.

Key Players:

GSK plc, Almirall, S.A, Merck & Co., Inc, Bausch Health, Sandoz International GmbH, Pfizer Inc, AstraZeneca, Sanofi, Alencure Biotech, and Divine Laboratories are key players in the Mucinoses Management market. The following are some of the most recent developments by major manufacturers.

In July 2021, AstraZeneca paid US$ 13.3 billion for acquiring Alexion Pharmaceuticals, Inc. This acquisition strengthens the corporation’s rare disorder product portfolio and provides significant opportunities for expansion.

  • In June 2022, Pfizer acquired ReViral, a privately held clinical-stage biotech company. The acquisition will demonstrate the organization’s approach to progressing and innovating science through in-house competence as well as the partnership with renowned, revolutionary companies in order to deliver innovative significant developments to patient populations afflicted by serious contagious diseases such as mucinoses.

Key Segments:

By Drug Class:

  • Topical Corticosteroids
  • Corticosteroid Injections
  • Oral Antibiotics

By Route of Administration:

  • Oral
  • Intralesional
  • Topical

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Others

By Region:

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

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More Valuable Insights Available

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

To understand opportunities in the mucinoses management market, the market is segmented on the basis of Type (Topical Corticosteroids, Corticosteroid Injections, Oral Antibiotics), Material (Oral, Intralesional, Topical), Application (Neurology, Cardiology, Urology, Oncology, Peripheral Vascular Disease, and Other), and By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies) , across five major regions (North America, Latin America, Europe, Asia Pacific and 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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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

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Gastro-retentive Drug Delivery Systems Market Aims for US$ 24.8 Billion by 2033 | Future Market Insights,Inc.

The Gastro-retentive Drug Delivery Systems Market revenues were estimated at US$ 13.3 Billion in 2022 and is anticipated to grow at a CAGR of 10.1% from 2023-2033, according to a recently published Future Market Insights report. By the end of 2033, the market is expected to reach US$ 24.8 Billion.

Large drug firms’ investments to enhance gastro-retentive drug-delivery systems, along with the reduction in required doses due to enhanced bioavailability and an increase in the requirements for medications, have helped accelerate the market growth. The well-established efficacy of gastro-retentive drug delivery systems in treating a variety of stomach disorders such as peptic ulcer and gastric ulcer, as well as a growth in the incidence of H. Pylori infection, which can cause gastritis and gastric cancer, impart a significant impact on the market.

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Gastro-retentive drug distribution technology has proven to be a useful way of regulating the administration of a wide range of medicinal substances while enhancing bioavailability. Advancements in controlled oral medication administration systems have been made in recent years because of technological advancements that overcome physical roadblocks such as unpredictable stomach emptying periods and short gastric residency times. By extending their dwell time in the upper GI tract, once-GRDDS can enhance oral bioavailability and therapeutic excellence.

Technological advancements for rate-controlled oral medication delivery systems are now overcoming physiological issues such as unexpected stomach emptying intervals and short gastric residency times. To address these issues, the gastro-retentive drug delivery system is designed for a longer stomach retention duration, which increases patient preference by extending the time available for medicine absorption.

North America is expected to account for significant revenue in the gastro-retentive drug delivery systems market, with a market projection of US$ 10 Billion. Regional expansion is expected to be facilitated by the introduction of improved gastro-retentive medication delivery technology and the implementation of novel treatment techniques in healthcare.

GRDDS are projected to be in high demand as the prevalence of gastrointestinal disorders grows in the United States and Canada, as they lengthen medication retention time in the stomach. Demand for these devices in the region is projected to be driven by the presence of a large patient pool. Rising research and development spending in emerging markets is expected to drive regional market expansion.

Competitive Analysis

Manufacturers will benefit from proprietary benefits such as industry research financing and product development agreements, which will help them contribute to the development of effective cancer diagnosis technologies. Obtaining patents and government clearances for new technology will also continue to be a key growth strategy. The key players in the market include Ranbaxy, F. Hoffmann La Roche, Pharmacia, GlaxoSmithKline, Lupin, Pfizer, Depomed, Galanix, Sun Pharma, and Alcon, Inc.

Few of the recent developments of key Gastro-retentive Drug Delivery Systems providers are as follows:

  • In 2020, Cadila Pharmaceuticals launched Esomeprazole tablets which will be used in treatment of hyperacidity and drug induced gastritis.
  • In 2020, Xiromed LLC launched 20mg Omperazole delayed release capsules. Omeprazole is cost effective generic product which can be used in treatment of gastroesophageal reflux disease and healing of erosive esophagitis.

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More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Gastro-retentive Drug Delivery Systems Market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023 to 2033.

The study reveals essential insights by Type (High-Density System, Expandable Drug Delivery System, Bioadhesive Drug Delivery System, Floating Drug Delivery System, Others), by Dosage Form (Tablets, Liquid, Microspheres, Capsule, Others), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

Market Segments Covered in Gastro-retentive Drug Delivery Systems  Industry Analysis

By Type:

  • High Density System
  • Expandable Drug Delivery System
  • Bioadhesive Drug Delivery System
  • Floating Drug Delivery System
  • Others

By Dosage Form:

  • Tablets
  • Liquid
  • Microspheres
  • Capsule
  • Others

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

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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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North America and Europe Lead the Way in the Biodegradable Meal Tray Market by 2028 | Research By FMI

Introduction

The Biodegradable Meal Trays Market is a dynamic sector that plays a pivotal role in reducing the environmental footprint of the food industry. As consumers become increasingly conscious of their impact on the planet, the demand for sustainable dining solutions has skyrocketed. In this article, we will explore the various facets of the Biodegradable Meal Trays Market, from its growth prospects to its environmental significance.

Biodegradable meal trays are an economic and convenient choice for restaurants and cafes as the compartment in the trays keep the food separated and organized. This becomes convenient for the restaurant and take away services that offer snacks and appetizers that come with dips and sauces. Eco-kraft paper biodegradable meal trays are also available which are widely used by the food truck owners. These eco-kraft paper biodegradable meal trays are made from chlorine-free manufacturing process which uses less raw material and water.

The biodegradable meal tray market is poised for a robust Compound Annual Growth Rate (CAGR) during the forecast period, reflecting the growing demand for sustainable and eco-friendly dining solutions. North America takes the lead, representing a significant share in the global biodegradable meal tray market, with Europe following closely.

This growth can be attributed to the burgeoning restaurant, cafe, and food truck businesses, which increasingly turn to biodegradable meal trays for their environmental advantages. The steady expansion of these food service establishments fuels the demand for convenient and eco-conscious packaging solutions.

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In Europe, a strong wave of consumer awareness regarding the detrimental effects of plastic meal trays has resulted in a notable increase in the production and consumption of biodegradable meal trays. The shift towards more sustainable, biodegradable alternatives aligns with evolving consumer preferences and regulatory initiatives aimed at reducing plastic waste and promoting eco-friendly dining practices.

The combined factors of consumer awareness, environmental consciousness, and the expanding food service sector are propelling the biodegradable meal tray market, making it a vital player in the global dining and packaging industry.

Competitive Landscape Analysis

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

It also provides a list of leading players and recent development in the global Biodegradable Meal Trays market. Some of the players in the global Biodegradable Meal Trays market are

  • AS Food Packaging
  • Cosmos Ecofriends
  • Suzhou Ecos Tableware Co. Ltd
  • Green Paper Products
  • Genpak
  • Be Green Packaging
  • Visfortec Pvt Ltd
  • others

Key Biodegradable Meal Trays Market Takeaways and Projections

  •          The U.S. is expected to lead the North America Biodegradable Meal Trays market, projecting the fastest growth in the region between 2022-2032
  •          Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
  •          China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
  •          India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.

Global Biodegradable Meal Trays Market: Dynamics-

  • Convenient and Organized Dining: Biodegradable meal trays offer an economic and practical solution for restaurants and cafes, facilitating organized food presentation. The compartments in these trays are particularly suitable for restaurants and take-away services that serve snacks and appetizers with various dips and sauces.
  • Eco-Kraft Paper Options: Eco-kraft paper biodegradable meal trays are gaining popularity, especially among food truck owners. These trays are manufactured through a chlorine-free process, reducing environmental impact by using less raw material and water.
  • Sustainable Sourcing: Natural Kraft paperboard, the primary material for these trays, is sourced from sustainably managed forests and typically contains at least 18% recycled wood fiber content. This commitment to sustainability aligns with growing environmental awareness.
  • Versatile Usage: Biodegradable meal trays without partitions are ideal for serving a variety of foods, including french fries, chicken tenders, mozzarella sticks, and cold items like vegetables, fruits, and pasta salads.
  • Sturdy Construction: The one-piece construction of these trays ensures durability and reliability, while their open-top design allows customers to easily add sauces, dips, and condiments.
  • Disposable and Environmentally Friendly: Biodegradable meal trays are easily disposable after events or functions and are an excellent choice for picnics, reducing environmental impact compared to traditional single-use plastics.
  • Consumer-Focused Innovations: Manufacturers are focusing on meeting consumer preferences by offering biodegradable meal trays that are microwave, freezer, and oven safe, enhancing their convenience and versatility.
  • Transition from Plastic: With the recent ban on plastic products across Indian states and the need for more eco-friendly alternatives, the market for biodegradable meal trays is poised for significant growth, as restaurants seek sustainable solutions to replace plastic containers.
  • Market Expansion: The ban on plastics is expected to drive the market for biodegradable meal trays, creating a substantial market opportunity during the forecast period.

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Biodegradable Meal Trays Market: Market Segmentation

The Global biodegradable market is segmented on the basis of material:

  • Kraft paper
  • Bagasse
  • Bio-plastic
  • Bamboo
  • Bulrush

The Global biodegradable market is segmented on the basis of application:

  • Cold & Frozen Food
  • Prepared food and ready to eat food
  • Kosher meals
  • Others

About Future Market Insights (FMI)

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

Contact Us:        

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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RTD Cocktail Market Surges to US$ 89,334.7 Million Globally by 2033, Fueled by Soaring Demand and Unprecedented Growth in Europe, USA

The global RTD cocktail market size is predicted to showcase astonishing growth from 2023 to 2033. According to the research report published by Future Market Insights, the global market is predicted to surpass a valuation of US$ 36,504 million in 2023. It is anticipated to hit a valuation of US$ 89,334.7 million by 2033. The market is estimated to showcase a staggering CAGR of 9% from 2023 to 2033.

RTD cocktails are alcoholic beverages that have been packaged and made ready to drink. Their straightforward and quick consumption habits are expected to have a big impact on market growth. Market expansion is supported by increasing urbanisation and changing customer inclinations and preferences. RTD drinks come in a variety of flavours, so customers may choose from a wide selection of options to suit their tastes. RTD drinks are popular among millennials when attending parties, events, and other social situations. Increased RTD cocktail usage is anticipated to fuel market growth, especially among millennials.

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The market is anticipated to rise as a result of the developing e-commerce industry. Customers who purchase RTD cocktails online have a wide selection to pick from. Online shopping’s simplicity and convenience will probably increase sales of RTD cocktails during the projection period. Retailers are increasingly providing personalised recommendations and subscription services in order to meet the increased demand. Online sales of RTD cocktails are expected to rise in popularity and support market progress.

Key Takeaways from RTD Cocktail Market:

  • The global RTD cocktail market expanded at a modest CAGR of 1.7% from 2018 to 2022.
  • In 2018, the global market size stood at US$ 32,851.2 million.
  • In 2022, the global RTD cocktail market size accounted for US$ 35,100.00 million in 2022.
  • The cider segment captured a generous 21.80% market share in 2022.
  • In 2022, the flavored RTD cocktail segment captured a staggering 78% market share.
  • The can RTD cocktail segment garnered nearly 34% market share in 2022.
  • The United States accounted for a whopping 21.6% share of the North America RTD cocktail market in 2022.
  • India RTD cocktail market accounted for 10.1% of the global market share in 2022.
  • China held 9.8% of the overall Asia Pacific RTD cocktail market share in 2022.
  • Germany captured a generous 13.4% share of Europe RTD cocktail market.
  • The United Kingdom captured a modest 7.8% market share in 2022.

Recent Developments Observed by FMI:

  • Topo Chico Spirited introduced a new line of RTD cocktails in April 2023. The new RTD cocktails are modelled after traditional cocktails. Tequila & Grapefruit, Tequila & Lime, and Vodka & Lemon are the three brand-new flavours.
  • Chicago-based Crafthouse Cocktails introduced two new limited-edition RTD cocktails in March 2023. Vodka Soda and Gin & Tonic, the new flavours, cost about $5.99 per can.
  • Molson Coors introduced a new line of non-alcoholic RTD cocktails in January 2023. To replicate the artisanal cocktail experience, the brand-new line known as “Roxie” was introduced.
  • Radico Khaitan introduced three new varieties of its “Magic Moments” vodka in India in October 2022. To meet the rising demand for RTD drinks, three new variants—mojito, cola, and cosmopolitan—were introduced.

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RTD Cocktail Market Segmentation

By Product Type:

  • Cider
  • Gin
  • Vodka
  • Wine
  • Whiskey
  • Rum
  • Hard Seltzer
  • Cocktail

By Flavor:

  • Natural/Unflavored
  • Flavored

By Packaging:

  • Bottle
  • Can

By Sales Channel:

  • On-trade/Food Service
  • Institutional Sale
  • Retail
  • Online Retail

By Region:

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

 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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Broadcast Equipment Market Thrives: Envisioning a Surpassing Valuation of US$ 8.1 Billion by 2032, Accompanied by a Remarkable CAGR of 5.8%

The broadcast equipment market is poised for significant growth, with experts projecting its value to surpass an impressive US$ 8.1 billion by the year 2032. This anticipated expansion is expected to be driven by a remarkable Compound Annual Growth Rate (CAGR) of 5.8%.

Sales of broadcast equipment and technology have increased as a result of escalating demand for high-quality video and audio. In recent years, IP live-production technology has advanced. It came about as a result of content produced in 4K and UHD formats.

The USA broadcasting equipment market would outpace a valuation of US$ 2.5 billion by the end of 2032. TV Broadcasting Equipment to Witness High Demand in the United Kingdom with Set up of Research Facilities. China would outpace a broadcast equipment market size of US$ 693.4 million by 2032.

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For better viewing, these were transmitted in the same format. In order to record live, it is necessary. Flexible and efficient system control is required worldwide.

The market is rising as a result of technical advances. Owing to these factors, broadcasters are nowadays required to provide UHD output to their premium subscribers.

Sales of broadcast equipment would also be pushed by the expansion of digital channels. The growing application of cutting-edge broadcasting technologies would also push sales. A few technologies include 4K and 8K video quality for general news coverage and sports news, respectively.

The market may be hampered by digital audio and video formats’ quick evolution. Standards for digital formats and compression methods evolve with each new advancement in digital technology.

The adoption of high-definition material is a result of explosive growth in demand for broadcast equipment. Digital broadcasting is replacing analogue transmission among consumers.

In order to broadcast audio and video, encoders are employed. Typically, these transform analogue or digital footage into another digital video format. They facilitate the transfer of the video to a decoder.

A new video encoding device is the Cisco Digital Media Encoder 2200, for instance. It is a multiprocessor and audio device of studio caliber. It offers digital media streaming on demand.

It further provides live streaming over an IP network. As a result, there will be a high demand for encoders for broadcasting as audio and video encoding needs increase.

Key Takeaways from Broadcast Equipment Market Report:

  • The global broadcast equipment market would witness 5.1% CAGR in the forecast period.
  • North America would reach a valuation of US$ 3.25 billion by 2032.
  • The USA broadcasting equipment market would outpace US$ 2.5 billion by 2032.
  • The United Kingdom broadcast equipment market would expand at a CAGR of 3% from 2022 to 2032.
  • China would surpass a broadcast equipment market size of US$ 693.4 million by 2032.

Competitive Landscape:

There are numerous businesses that create products for broadcast equipment worldwide. The level of competition among these businesses would depend on their costs, reputation, or clientele.

By partnering with regional players, significant corporations are concentrating on increasing their geographic reach. A few others are working together and merging businesses to improve their situations.

For instance:

  • In November 2021, Belden Inc. collaborated with Gravita Media to provide broadcasting infrastructure solutions. It would provide these to four locations in Qatar for the broadcast of FIFA World Cup 2022. The broadcast will be in 4K HDR. It will allow production teams to directly plug and play. Gravita Media will supply to multiple broadcasters such as BBC Wales and Fox Sports USA.
  • In January 2021, Evertz Technologies Limited acquired Studer. The latter is an audio brand from Harman International. The iconic brand would help Evertz to better serve its clients in the broadcast market.
  • In March 2020, Datum Systems released highly advanced Elements M7D Multi-Demod. It supports 64 Rx-channels. All of them are equipped with a single unit rack space.

Leading Key Players:

  • Cisco Systems Inc.
  • LM Ericsson
  • Evertz Microsystems Ltd
  • EVS Broadcast Equipment SA
  • Grass Valley
  • Harmonic Inc
  • AvL Technologies
  • ETL Systems Ltd
  • Global Invacom group Ltd

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Broadcast Equipment Market Segmentation:

By Technology:

  • Analog Broadcasting
  • Digital Broadcasting

By Product:

  • Dish Antennas
  • Switchers
  • Video Servers
  • Encoders
  • Transmitters and Repeaters

By Region:

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

About Future Market Insights (FMI):

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

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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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Personalized Medicine Market Envisions US$ 690.9 Billion Potential | Future Market Insights,Inc.

According to Future Market Insights’ newly released Personalised Medicine Market analysis report, global sales of the Personalised Medicine Market in 2022 will be US$ 326.7 Billion. The country’s market is expected to reach US$ 690.9 Billion by 2033, with a CAGR of 7.8% from 2023 to 2033. Personalised Nutrition & Wellness is expected to be the highest revenue generating segment, with a CAGR of more than 6.5% from 2023 to 2033.

In recent years, a significant focus is on how to employ advanced analytics, customized drugs, patient data, and other tools to better identify and treat illnesses. People are becoming more aware of the benefits of personalized treatment, and more genetic databases are being developed. These factors have been driving the global market for personalized medicine.

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More patients using personalized medication might help neurology, lung medicine, antiviral medicine, and psychiatry. This would broaden the global market for personalized treatment. The global personalized medicine market is also faltering as a result of increased research and development costs and poor side effects.

Over the forecast period, the personalized medicine market is expected to grow as more people develop chronic illnesses such as diabetes and cancer, more people receive combination pharmacological therapy, the global population ages, and more clinical studies for personalized medicine are conducted in neurology departments.

However, the exorbitant cost of customized drugs is stifling business growth. Due to the favorable government reimbursement criteria and low medical defect and side effect concerns, the market is expected to grow.

The growing number of cancer types and the low cost of personalized medicine therapy in cancer medications are expected to boost the global personalized medicine market. Cancer killed more than 9 million people in 2018, according to the World Health Organization. It kills almost one out of every six people worldwide.

North America was the prominent market for personalized medicines. The development of next-generation sequencing technologies and the implementation of health information technology systems are assisting in the expansion of the personalized medicine industry in North America. These technologies make it simple to get customized pharmaco-genomic information in a timely and convenient manner.

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Competitive Analysis:

The precision medicine industry is moderately competitive, with several large corporations as well as a slew of smaller businesses vying for clients’ attention. Because of technological advancements and product improvements, the introduction of new technologies at low cost is assisting mid-size to small businesses in expanding their market presence. Among the firms with a strong presence in the sector are Medtronic PLC, Pfizer Inc., Novartis AG, Qiagen, and Teva Pharmaceuticals.

Recent developments by leading providers are as follows:

  • In February 2021, Illumina, Inc. entered into a study agreement with the Belgian Society of Medical Oncology to investigate Comprehensive Genomic Profiling in advanced metastatic cancer patients.
  • In January 2019, Metagenics, Inc. announced that it has introduced a clinical research laboratory and patient clinic named Personalized Lifestyle Medicine Center in Washington.

Key Players:

  • GE Healthcare
  • Illumina, Inc.
  • ASURAGEN, INC.
  • Abbott
  • Dako A/S
  • Exact Sciences Corporation
  • Cepheid, Inc.
  • Decode Genetics, Inc.
  • QIAGEN
  • Exagen Inc.
  • Precision Biologics
  • Celera Diagnostics LLC
  • Biogen

More Insights Available:

Future Market Insights, in its new offering, presents an unbiased analysis of the Personalized Medicine Market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023 to 2033.

The study reveals essential insights by Type (Personalized Medicine Diagnostics, Personalized Medicine Therapeutics, Personalized Medical Care, Personalized Nutrition & Wellness) across five regions (North America, Latin America, Europe, APAC and Middle East & Africa).

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Market Segments Covered:

By Type:

  • Personalized Medicine Diagnostics
    • Genetic Testing
    • DTC Diagnostics
    • Esoteric Lab Services
    • Esoteric Lab Tests
  • Personalized Medicine Therapeutics
    • Pharmaceutical
    • Genomic Medicine
    • Medical Devices
  • Personalized Medical Care
    • Telemedicine
    • Health Information Technology
  • Personalized Nutrition & Wellness
    • Retail Nutrition
    • Complementary & Alternative Medicine

By Region:

  • North America
  • Latin America
  • Europe
  • APAC
  • 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

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Second-hand Bag Market is Expected to Register a Significant CAGR of 6.10% During the Forecast Period 2033 | FMI

According to projections, the size of the second-hand bag market will reach US$ 6,327.7 million in 2023 and US$ 11,439.3 million in 2033. It is anticipated that throughout the forecast period, the sales of used bags would grow at a noteworthy rate of 6.10%.

Since customers around the world are turning cost-conscious as it helps them maintain an affordable way of life, there has been a significant rise in demand for second hand bags in these years. More than 30% of consumers claim that they prefer to purchase used goods since their budget can be more readily managed by it.

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Among the main drivers propelling the market are the rise in disposable income and the rise in demand for designer bags. Sales of second hand bags are projected to be driven by the demand for upscale purses for social gatherings and parties. Additionally, the market is growing as a result of the expanding impact of social media and celebrity fashion.

Reducing carbon emissions and other dangerous elements has been made easier with the rise in second-hand goods usage. Choosing second hand bag over new is a clear step toward circular fashion and a practical technique to increase the usefulness of the product and its market value.

The demand for second hand bags in the Asia Pacific region has been spurred by the expansion in consumer purchasing power and the proliferation of online shopping portals.

Key Takeaways from Market Study

  • The overall growth of the global second hand bag market is estimated to be around US$ 4.9 Billion over the forecast decade covering the years 2022 to 2032, by following the average CAGR of 6.2%.
  • According to material type, leather bags are the most attractive segment with a global share of more than 80% of the total sales of second hand bags.
  • Though offline retail stores had a dominance over the global market for second hand items a few years ago, presently online retail stores have turned out to be major sales channel for the said market.
  • Demand for second hand bags in North American countries have remained limited over the years that is estimated to be around merely 5% of the global share.
  • European countries have witnessed a renewed interest in second hand items in recent years that had taken the second hand bag market share up to 15.2% by the end of year 2021.
  • Over the projected period, the second hand bag market in the Asia Pacific region is anticipated to develop at the quickest CAGR.

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Competitive Landscape

Some of the well-known second hand bag market players are Fashionphile, Luxury Garage Sale, Rebag, Vestiaire Collective, Collector Square, Bob’s Watches, StockX, the RealReal, the Outnet, and the Luxury Closet among others.

Prominent companies in the second hand bag industry are using digitalization and targeted marketing practices to boost the demand for second hand bags in selected regions of the world.

Recent Developments in the Global Second Hand Bag Market:

  • Farfetch Pre-Owned gives you the same upscale buying experience for second hand bags as it provides for its main website by opening its resale division that was launced in the year 2019.
  • Vinokilo is a German company than operated a thrift shop and an offline community before they entered the web market. Along with trade in several used items within its close customers last year it started dealing in pre-owned apparels including second hand bags.

Second Hand Bag Market by Segmentation 

By Raw Material:

  • Leather
  • Fibre
  • Others

By End User:

  • Men
  • Women

By Sales Channel:

  • Specialty Stores
  • Multi-brand Stores
  • Independent Small Retailers
  • Online Retailers
  • Other Sales Channel

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • 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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Europe and Asia Pacific Follow in Global Paper Bag Box Market Growth, Forecast to 2028 | Research By FMI

Introduction

The Paper Bag Box Market: Sustainable Packaging Solutions

In recent years, the Paper Bag Box Market has become a focal point of the packaging industry. With a growing emphasis on eco-friendly alternatives, paper bags and boxes have gained immense popularity. In this article, we will navigate through the dynamic landscape of the Paper Bag Box Market, shedding light on its evolution, current trends, and future prospects.

Geographically, the global paper bag box market is divided into distinct regions, including North America, Latin America, the Middle East & Africa, Asia Pacific, and Europe. Each region exhibits unique characteristics that influence its role in the global market.

North America is anticipated to lead the global paper bag box market, driven by its highly advanced packaging machinery sector and a substantial customer base willing to invest in innovative packaging solutions. This demand stems from a preference for environmentally friendly and sustainable packaging options.

Europe is expected to follow North America in the paper bag box market, as the region also places a significant emphasis on sustainable packaging and eco-friendly alternatives. The European market benefits from a well-established and environmentally conscious consumer base.

Asia Pacific is poised for the highest compound annual growth rate (CAGR) due to rapid development in major economies like India and China. As these nations witness economic growth and an expanding middle class, the demand for innovative and sustainable packaging solutions, including paper bag boxes, is on the rise.

In contrast, the Middle East & Africa is expected to experience slower growth in the global paper bag box market. The growth is primarily attributed to the region’s shifting preference for paper packaging over plastic as part of global efforts to reduce plastic waste and promote more environmentally responsible packaging practices.

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Paper Bag Box Market Overview

  • Rising Environmental Concerns: Addressing the need for sustainable packaging solutions.
  • Market Size and Growth: Understanding the market’s current scope and projected expansion.
  • Key Players: Recognizing the major contributors to the Paper Bag Box Market.

The Paper Bag Box Market has gained significant traction due to increasing environmental concerns. As consumers become more conscious of their carbon footprint, businesses are adopting eco-friendly packaging options. This shift has propelled the market’s growth, making it a lucrative industry.

Growth Trajectory of the Paper Bag Box Market

The Paper Bag Box Market has witnessed remarkable growth in recent years, fueled by the global shift towards sustainability. The market is projected to continue its upward trajectory, driven by the escalating demand for biodegradable and recyclable packaging options. As consumers become more conscious of their ecological impact, businesses embracing paper bag boxes gain a competitive edge.

Key Paper Bag Box Market Takeaways and Projections

  • The U.S. is expected to lead the North America Paper Bag Box market, projecting the fastest growth in the region between 2022-2032
  • Germany and the U.K. are expected to, collectively, hold the largest share of the Europe market over the assessment period.
  • China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
  • India is expected to emerge as a highly remunerative market in South Asia, contributing a significant revenue share in the region through 2032.

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Global Paper Bag Box Market: Market Dynamics

  • Changing Consumer Lifestyle: Evolving consumer lifestyles and increased disposable income have led to a growing preference for packaging that enhances product quality, driving the global paper bag box market’s growth.
  • Shift from Plastic to Paper: Increasing environmental consciousness has resulted in a significant shift from plastic bags to paper bags, contributing to the rising demand for paper-based packaging.
  • Manufacturer Focus: Manufacturers in the paper-based packaging industry are shifting their focus to packaging styles that draw attention from both manufacturers and consumers, emphasizing the importance of sustainable packaging solutions.
  • Cost Factor: The higher cost associated with paper bag boxes has limited their adoption, particularly among small-scale manufacturers who may be reluctant to incorporate this packaging type into their product lines.
  • Digital Printing Opportunities: Digital printing on paper bag boxes tailored to the end user’s needs presents significant growth opportunities in the global paper bag box market, allowing for customization and brand engagement.
  • Recyclability: The easy recyclability of paper bag boxes aligns with eco-friendly consumer preferences, contributing to the increased demand in the global market.
  • Use of Graphic Paper: The use of graphic paper for manufacturing paper bag boxes opens up new growth opportunities, enhancing the visual appeal and attractiveness of these packaging solutions in the market.
  • Environmental Consciousness: Growing awareness about nature conservation and the importance of sustainable packaging practices drives consumer and industry preferences toward paper bag boxes.
  • Quality Enhancement: Consumers seek packaging that not only protects products but also enhances their quality, making paper bag boxes an attractive choice.

Competitive Landscape Analysis

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

It also provides a list of leading players and recent development in the global Paper Bag Box market. Some of the players in the global Paper Bag Box market are Some of the key players operating in the global paper bag box market are

  • DPP Inc.,
  • Shenzhen Tianya Paper Products Co, Ltd.,
  • Esgreen Ltd., and
  • Dongguan Shuntong Color Printing Co., Ltd.

Trends Shaping the Paper Bag Box Market

  1. Minimalistic Design: The trend towards minimalistic packaging is influencing the Paper Bag Box Market. Clean, simple designs with a focus on typography and subtle branding are gaining popularity.
  2. Emphasis on Texture: Businesses are recognizing the sensory aspect of packaging. Textured paper bag boxes, with features like embossing or spot UV coatings, provide a tactile and visually appealing experience.
  3. Personalization: Personalized packaging is on the rise, and paper bag boxes are no exception. Customized messages, customer names, and unique designs enhance the emotional connection between brands and consumers.
  4. Functional Innovation: Paper bag boxes are evolving to meet practical needs. Innovations like tear-off sections, built-in handles, and easy-to-assemble designs enhance user convenience.

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Paper Bag Box Market: Market Segmentation

The global paper bag box market is segmented on the basis of material type, end use, and geography.

On the basis of material type, the global paper bag box market is segmented into

  • Kraft Paper
  • Sack Kraft Paper
  • Corrugate Paper

On the basis of end use, the global paper bag box market is segmented into

  • Consumer Goods
  • Bakery & Confectionery
  • Others

About Future Market Insights (FMI)

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

Contact Us:        

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Hypoventilation Management Market Targets US$ 11.9 Billion by 2033 – FMI Projection

The global hypoventilation management market size is expected to surpass an impressive valuation of US$ 7.1 billion in 2023 and is projected to reach US$ 11.9 billion by 2033, trailing a CAGR of 5.3% during the forecast period. The growing popularity and the availability of high-calorie foods among youths may lead to obesity. This, in turn, gives rise to various ailments like sleep disorders. This is a crucial factor that is driving the growth of hypoventilation diagnostic devices in the market. The use of sleep diagnostic devices will help diagnose the problem at a very early stage. Hence this factor is considered to be one of the primary reasons for the growth of hypoventilation diagnostic devices.

Hypoventilation disorder diagnostic devices such as Positive Airway Pressure (PAP) devices have witnessed significant development in terms of design, efficacy, and safety has helped to boost the adoption of products and patient outcomes. Moreover, small PAP devices for individual use at home and the availability of cheaper brands are anticipated to fuel the growth of the hypoventilation devices market over the forecast period.

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Key players in the market are involved in improving the overall hypoventilation treatment paradigm by introducing medical devices, web-based applications, and other efforts to reduce the global burden of hypoventilation disease which is estimated to drive the market growth during the forecast period. For instance, in May 2019, Spire Health, a healthcare company launched a study to develop new digital biomarkers that can predict exacerbations and potential hospitalizations in patients with severe Chronic Obstructive Pulmonary Disease which is a type of hypoventilation disease.

Factors such as awareness initiatives by organizations, the growing prevalence of Chronic obstructive pulmonary disease, and product launches are propelling hypoventilation treatment market growth. For instance, in May 2019, Boehringer Ingelheim and Optimum Patient Care declared the creation of a new patient registry, APEX COPD, to better understand various types of hypoventilation disorders and how they can be typically treated in primary care offices. Such initiatives by market players are projected to boost market growth over the forecast period. Moreover, a pipeline for hypoventilation diseases and mainly COPD has several potential medications, which are anticipated to drive hypoventilation treatment market growth during the forecast period.

Key Takeaways:

  • North America is expected to dominate the industry while reaching a market share of around 41% by end of the forecast period.
  • The market in South Asia is projected to reflect a CAGR of 5.5% during the projected timeline.
  • By disease type, chronic obstructive pulmonary disease is anticipated to account for maximum market share of 55% during the forecast period.
  • Hospitals are projected to account for 71% market share by end-user, by end of 2033.

“Adoption of positive airway pressure devices and other product launches will bolster hypoventilation treatment market in the forecast period”- comments an FMI Analyst

Competitive Landscape:

The global Hypoventilation management market is highly competitive a due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition. The major players in the market are: Accord Healthcare Limited, Avet Pharmaceuticals Inc, Nostrum Laboratories Inc, Lannett Co Inc, Strides Pharma Science Limited, X Gen Pharmaceuticals Inc, ResMed, Koninklijke Philips NV, Hikma Pharmaceuticals, Lincare Holdings

 Some recent developments in this industry are:

  • In June 2022, Verona Pharma, a pharmaceutical company announced the completion of the patient enrolment, with more than 800 subjects involved for its randomized ENHANCE-1 trial. The study will evaluate ensifentrine for the maintenance treatment of chronic obstructive pulmonary disease, a type of hypoventilation disorder. It is a critical step for the phase III ENHANCE trial with top-line data expected by the end of the year 2022 and further data from ENHANCE-2 in the third quarter of 2022.
  • In November 2021, AstraZeneca announced that it had sold rights to sell Tudorza, also known as Eklira abroad, and Duaklir to the Switzerland-based pharmaceutical company Covis Pharma Group for US$ 270 Mn. These products are indicated for the treatment of various types of hypoventilation disorders
  • In May 2022, Alembic Pharmaceuticals Ltd, a pharmaceutical company, received final approval from the U.S. health regulator for its generic version of Arformoterol Tartrate inhalation solution indicated for long-term treatment of bronchoconstriction in patients with chronic obstructive pulmonary disease. The approval by the U.S. Food & Drug Administration (USFDA) for the abbreviated new drug application (ANDA) for Arformoterol Tartrate inhalation solution is for strength of 15 mcg (base)/2 mL unit-dose vial.

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global hypoventilation management market, providing historical data for 2018-2022 and forecast statistics from 2023-2033.

To understand opportunities in the Hypoventilation management market, the market is segmented on the basis of disease type (Chronic obstructive pulmonary disease, Obesity hypoventilation syndrome, Central alveolar hypoventilation, Neuromuscular disorders) by treatment (Oxygen therapy, Non-invasive mechanical ventilation, Drug therapy) by end-users (Hospitals, Specialty clinics, Home care) by region (North America, Latin America, Europe, South-Asia, East-Asia, Oceania, Middle East, and Africa)

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Key Segments:

By Disease Type:

  • Chronic Obstructive Pulmonary Disease
  • Obesity Hypoventilation Syndrome (OHS)
  • Central Alveolar Hypoventilation
  • Neuromuscular Disorders

By Treatment Type:

  • Oxygen Therapy
  • Non-Invasive Mechanical Ventilation
  • Drug Therapy

By End User:

  • Hospitals
  • Specialty clinics
  • Home care

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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