Market Research Blog – Page 4317 – New Product Development

Surging Towards Superiority: Amorphous Metal Cores Market Set to Double in Value by 2032 with a 7.5% CAGR

In the ever-evolving landscape of power transmission equipment, the amorphous metal cores market is poised for a remarkable journey ahead. Projections indicate a robust Compound Annual Growth Rate (CAGR) of 7.5% during the forecast period from 2022 to 2032, transforming the market from its 2022 valuation of US$ 781.6 Million to a striking US$ 1610.90 Million by 2032.

The driving force behind this surge in demand for amorphous metal cores lies in their transformative impact on the efficiency and sustainability of power transmission. These cores, featuring amorphous alloys in the iron core of transformers, play a pivotal role in the quest to reduce energy consumption and operational costs. But it’s not just about economics; it’s also about environmental responsibility.

One of the standout attributes of amorphous alloys is their ability to significantly reduce energy costs. In power transformers, these alloys offer superior magnetic properties, resulting in reduced energy loss during electrical conversion. This means that less electricity is wasted as heat, ultimately translating into lower operational expenses for power transmission equipment manufacturers. In a world where energy efficiency is not only a cost-saving measure but also an environmental imperative, amorphous metal cores are becoming indispensable.

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Amorphous Metal Cores Market: Dynamics

The amorphous alloy in the iron core of transformer significantly reduces energy costs and helps increase electrical characteristics while reducing the level of CO₂ emissions. Power transmission equipment manufacturers today are searching for a technology that saves energy and reduces their operating cost. This has encouraged amorphous metal cores manufacturers to develop optimized and energy efficient products for use in distribution transformers. Normally, 10% of total electricity generated by an electric company is lost during the distribution and transmission process. Thus, distribution transformers consisting of amorphous metal cores help save a significant amount of energy and cost. Other uses that benefit from amorphous metal cores include output filter chokes in large Switched-Mode Power Supply (SMPS), power factor correction chokes in UPS systems and high-power lamp ballasts.

The initial costs of amorphous metal cores are relatively higher as compared to crystalline silicon steel owing to certain beneficial properties such as lower saturation magnetic flux density of amorphous steel than that of silicon steel, which is mostly preferred by transformer manufacturers. This results in high cost per unit of large sized amorphous core transformers. Although, it’s increased energy efficiency and low operational costs throughout the lifetime of transformer, could help compensate its high initial costs. Therefore, despite of high costs, the above mentioned factors are estimated to boost the market demand for amorphous metal cores in the coming years.

On the flip side, amorphous metal cores shows various limitations which may curb the market growth. Hardness along with reduced thickness makes slitting and shearing difficult. Moreover, the brittleness property of amorphous metal cores has also made it un-friendly to the transformer manufacturers. Due to these limitations, the amorphous metal core technology has been limited at present to very few customers across geographies.

Key Players:

Hitachi, Ltd., Advanced Technology & Materials Co., Ltd., Zhaojing Incorporated, Qingdao Yunlu New Energy Technology Co., Ltd., China Amorphous Technology Co.,Ltd, ENPAY, Mangal Electrical Industries Pvt. Ltd., KOTSONS Pvt. Ltd., Usha Amorphous Metals Ltd., Ti-Electronic.

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Key Segments Covered:

By Product Type:

E Core
C Core
Others

By Application:

Iron Based
Cobalt Based

By End Use:

Invertors
Transformers
Others

By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific
Japan
Middle East & Africa

Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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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North America Ceiling Cassette Market Soars: Anticipated to Reach US$ 3,427.1 Million by 2032 with a 4.8% CAGR Growth

The North America ceiling cassette market is on a trajectory of impressive growth, poised to reach a substantial valuation of US$ 3,427.1 Million by the year 2032. This robust expansion is underpinned by a steady compound annual growth rate (CAGR) of 4.8% spanning the decade from 2022 to 2032.

Several factors are contributing to the soaring demand for ceiling cassette HVAC systems in North America. Foremost among them is the changing climate patterns, which have made temperature control a vital aspect of daily life. With summers growing hotter and winters colder, consumers are increasingly seeking HVAC solutions that not only provide high performance but also ensure optimal comfort year-round.

Beyond climate concerns, there is a growing awareness of the need for energy efficiency and sustainability. The United Nations Framework Convention on Climate Change (UNFCCC) has set stringent guidelines for countries to reduce their carbon footprint and adopt greener practices. As a result, businesses and homeowners alike are looking to upgrade their HVAC systems to align with these energy-saving measures.

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Growing Trend of Commercial Property Rentals by Investors in North America:

In contemporary North America, a notable trend has emerged wherein investors are increasingly engaging in the rental of commercial properties to individuals or entities that subsequently utilize the space for conducting their business operations. This practice spans diverse sectors such as industrial, retail, office spaces, lodging, and entertainment venues, encapsulating a broad spectrum of commercial properties.

Furthermore, the upward trajectory of consumer spending exerts a considerable influence on business demand across North America. The augmented consumer expenditure translates into heightened downstream demand for an array of goods and services. This, in turn, stimulates businesses to amplify their production capacities. The consequential effect is the heightened demand for additional retail establishments, office spaces, and warehouses, thereby fostering a substantial market expansion. This synergy between burgeoning consumer spending and the burgeoning demand for commercial properties positions the market on an upward trajectory, poised for sustained growth and development.

Key Takeaways: North America Ceiling Cassette Market

By cooling capacity, the upto 5.8 kW segment is expected to remain dominant during the forecast period and will account for around 45% of market share by 2032.
By application, the ductless ceiling cassette segment is anticipated to grow at a CAGR of 4.9% throughout the forecast period.
By end use, the commercial segment is projected to lead the North America ceiling cassette market and create an absolute dollar opportunity worth US$ 998.6 Mn by 2032.
In terms of country, the U.S. ceiling cassette market is projected to exhibit a CAGR of 4.4% from 2022-2032.
Canada ceiling cassette market is anticipated to generate nearly 12% of the North America ceiling cassette market share by the end of 2032.

“Ongoing technological advancements and emergence of cutting-edge ceiling cassettes that consume less power, as compared to conventional ones are projected to drive the market,” says a Future Market Insights analyst.

Competitive Landscape: North America Ceiling Cassette Market

The North America ceiling cassette market is moderately consolidated with leading players focusing on increasing their profit margins by relocating their manufacturing bases in Mexico from the U.S. and Canada to reduce taxes and labor costs. They are also aiming to broaden their geographic presence and improve customer service to strengthen their positions.

Some of the renowned tier 1 players in the market include Commercial Systems North America (Carrier), Mitsubishi Electric Trane HVAC US LLC, Lennox International, Inc, Daikin North America LLC, and Nortek North America HVAC among others.

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Key Segments Covered in Ceiling Cassette Industry Research:

By Cooling Capacity:

Up to 5.8 kW
Between 5.8 – 14 kW
Above 14 kW

By Product Type:

Ducted Ceiling Cassettes
Ductless Ceiling Cassettes

By End Use:

Residential
Industrial
Commercial
Healthcare
Hospitality
Retail
Others

By Country:

The U.S.
Canada
Mexico

Author:

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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Global Poultry Keeping Machinery Market Soars to US$ 5.09 Billion in 2022, Eyes US$ 6.54 Billion by 2028

The global poultry keeping machinery market is on a remarkable trajectory, and as of 2022, it stands at an impressive valuation of approximately US$ 5.09 billion. What’s truly captivating about this market is its consistent year-on-year growth, which has clocked in at a healthy 3.2%. However, the story doesn’t end here; the projections for the coming years are even more compelling. By 2028, this market is expected to soar to an estimated valuation of US$ 6.54 billion, reflecting a robust compound annual growth rate (CAGR) of 3.6%.

A closer look at the dynamics of the poultry keeping machinery market reveals several key factors contributing to its upward trajectory. One standout factor is the proliferation of fast-food and restaurant chains globally, driven largely by the ever-increasing world population. As people’s lives become busier and dining out becomes more of a convenience, the demand for poultry-based products in these establishments has surged. Poultry is a versatile and cost-effective protein source, making it a preferred choice for these foodservice outlets.

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This shift in growth dynamics can be primarily attributed to the efficacy of poultry as a cost-effective source of protein, which has led to a recent surge in demand for chicken products. Consequently, an upward trajectory in poultry meat consumption is expected to follow suit. Due to its affordability and high protein content, poultry meat is anticipated to retain its status as the preferred source of animal protein among consumers in the foreseeable future.

The indirect driver for the demand in poultry keeping machinery lies in the surging global consumption of chicken products. This demand is not limited to households but also extends to fast-food chains and restaurants, where poultry items are increasingly favored by consumers. In order to meet this growing demand, a diverse range of equipment is required to ensure the healthy and secure production of chickens and eggs, further fueling the poultry keeping machinery market’s growth.

Country-wise Analysis: Poultry Keeping Machinery Market

United States: Growing Adoption of Advanced Machinery Drives Market Growth

The outlook for the Poultry Keeping Machinery Market in the United States is promising, characterized by the increasing deployment of advanced poultry machinery, including automated egg collectors and broiler harvesters. This technological advancement is poised to be a significant driver of market growth within the U.S.

As a result of these innovations, the demand for healthy dietary products is anticipated to witness a substantial upswing, particularly in the realm of chicken products. Recognized as an economical source of protein, chicken products are expected to experience a notable surge in demand. Consequently, there is a growing need for improved infrastructure and facilities to effectively manage poultry, meeting the evolving demands of the market.

China: Novel Technologies Propel Poultry Farm Equipment Demand

China presents a highly lucrative market for poultry keeping machinery, with the rising implementation of novel technologies creating compelling growth opportunities for poultry farm equipment manufacturers. Key drivers in this context include an increase in household income, shifts in food consumption patterns, and changing consumer preferences favoring value-added foods.

Notably, livestock production holds a substantial share of China’s total agricultural output. The widespread adoption of technology for poultry farm equipment, coupled with the emergence of new market entrants offering innovative products, underscores the extensive use of poultry keeping machinery in China. The market’s growth potential is further accentuated by these factors, positioning China as a prominent player in the global poultry keeping machinery market.

Key Players:

Valco Companies, Inc.
Vencomatic Group
TEXHA PA LLC
Petersime NV
HAMex-GmbH
Big Dutchman International GmbH
Jansen Poultry Equipment
Ziggity Systems, Inc.
A.P. POULTRY EQUIPMENTS
TECNO POULTRY EQUIPMENT Spa
Salmet

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Market Segmentation:

By Product:

Feeding
Drinking
Climate Control
Incubator Equipment
Hatchery Equipment
Egg Collection, Handling, and Management Equipment
Broiler Harvesting and Slaughtering
Residue and Waste Management
Others (Vaccinations, Floorings, Scales, Nests, Cages)

By Region:

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

Author:

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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Biosimilars and Biologics Market’s Potential Valuation of US$ 95,021.37 Million by 2032, at a CAGR of 15.5% | FMI

The Biosimilars and Biologics Market is expected to grow at a CAGR of 15.5% during the period 2022-2032. The market is valued at US$ 22,490.62 Mn in 2022 and is expected to reach a valuation of US$ 95,021.37 Mn by 2032.

FMI, in its business report, elaborates on the historical and current scenario of the global Biosimilars and Biologics Market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.

Crucial information and forecast statistics covered in the Biosimilars and Biologics market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

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COVID-19 Impact Analysis on Biosimilars and Biologics Market

The recent outbreak of the COVID-19 has turned the spotlight on the healthcare industry, and subsequently impacted the Biosimilars and Biologics market. Severe shortages of critical medical supplies and a rapid rise in number of COVID-19 cases have resulted into a revolution rather than evolution in the healthcare ecosystems. Consequently, the impact is noticeable in the Biosimilars and Biologics market.

Following government’s measures, particularly social distancing norms and stay-at-home orders, doctors are delaying or postponing elective surgeries unless critical to prevent the spread of the virus to individuals with comorbidities or chronic conditions. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Biosimilars and Biologics market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

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Biosimilars and Biologics Market: Segmentation

Valuable information covered in the FMI’s Biosimilars and Biologics market report has been segregated into key segments and sub-segments.

By Product Class:

Epoetins
Filgrastims
Insulins
Growth Hormones
Alfa Interferons
Monoclonal Antibodies
Beta Interferons
Follitropins
Low-molecular-weight Heparins (LMWH).

By Application:

Rheumatoid arthritis
Anemia
Cancer
Diabetes
Others

Biosimilars and Biologics Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Biosimilars and Biologics market. Competitive information detailed in the Biosimilars and Biologics market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Biosimilars and Biologics market report.

Key players covered in the report include:

Pfizer Inc. (AC. Hospira)
Sandoz International GmbH
Teva Pharmaceutical Industries Ltd.
Reddy’s Laboratories
Biocon Limited

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Key Offerings of the Report

Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Biosimilars and Biologics 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 5,000 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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Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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T: +1-845-579-5705
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Automated Sample Storage Systems Market Soars: FMI Forecasts 11.6% CAGR, Crossing US$ 3.2 Billion Mark by 2033

In 2022, the projected scale of the automated sample storage systems market amounted to US$ 1004.7 million, with an estimated increase to US$ 1100 million in 2023, demonstrating a robust compound annual growth rate (CAGR) of 11.6%. The growth of automated sample storage systems can be attributed to several factors, including their ability to enhance laboratory efficiency and effectively manage substantial sample volumes, which are expected to drive market expansion and sustainability.

The sample storage systems vary from manually controlled, relatively simple and small storage operating devices to large computer controlled automated storage devices. It reduces labour costs, lowers essential workforce requirements, improving workplace safety, and taking out personnel from difficult working conditions (such as cold storage environments). These systems also helped in improving the space utilization and increasing storage density – both horizontally and vertically. Nowadays, long term automated sample storage system is the requirement of almost every research laboratory. Therefore, this sector also rises opportunity for business investment.

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Various sample storage service providers are also increasing its market as a large number of samples can be stored at one place instead of installing device in separate institutes such as the development of regional and national biobanks.Demand for the automated sample storage systems are more for clinical research purposes. These systems are designed to overcome several problems in sample collection and storage. It stores a variety of labwares, including a wide variety of micro tubes, cryoviles, and blood tubes, some systems can store more than 10 million samples. The machine size varies from M to XL. Robotic systems are also nowadays integrated along with the system in many workstations.

Automated Sample Storage Systems Market: Drivers & Restraints

Automated sample storage market is anticipated to have linear growth proportional due to the increase in number of life science and pharmaceutical research activities globally. These automated sample storage systems has overcome the shortcomings of storing in liquid nitrogen. Theses automated freezer systems checks any significant temperature rises, thus the freeze-thaw cycles are restricted and potential sample degradation is prevented.

These type of advantages associated with the automated sample storage system drives its market. The rise in funding in the research sector also increases its market. High installation and maintenance cost limits the market expansion. Uninterrupted electricity problem in some region also limits its installation. Maintaining a large and highly integrated system also requires training and experience. Companies often experience significant ongoing costs for maintenance and updating of various subsystems.

Automated Sample Storage Systems Market Treatment Market: Overview

Automated sample storage systems has created a requirement for effective storage practices and standard operating procedures. The requirement of maintaining sample integrity and viability by adopting new storage methodologies and solutions assures better sample quality for the research community and thus proliferate the market of automated sample storage systems.

Demand of these products is also increasing in the manufacturing industries for storing large scale industrial samples mostly in the biopharmaceutical and chemical industries. Vendors such as Biomatrica and IntegenX, Inc are also involved in developing reagents for stabilizing the DNA and RNA as to keep them last long under ambient temperature. This process effectively eliminates the need for freezer units and extra storage space.

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Automated Sample Storage Systems Market: Region-wise Outlook

North America and European regions are established market with large number of global key players and number of established biobanks in the region.

The ongoing research and development activities and huge fundings in commercial manufacturing in the region are fueling the demand for highly advanced laboratory and research solutions In addition, huge number of biopharmaceutical research is also carried in these nations thus require large storage units for sample storage.

Asia Pacific has a growing demand in this business sector and a time for marketing and business development in these countries as these nations are going to proliferate in the future because the of the growing economy and continuous investment in various research facilities.

Automated Sample Storage Systems Market Treatment Market: Key Players

Various companies are involved in the manufacturing and distribution of devices for automated sample storage systems. Some of the companies are involved in providing services for storing samples such as various biobanks. A number of global key players in this industry are Hamilton Company, Biomatrica Inc., IntegenX, Inc., Brooks Automation, Inc., TTP Labtech, Swisslog, Thermo Electron Corporation, Angelantoni Life Science, and others.

The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Current Trends/Issues/Challenges
Competition & Companies involved
Value Chain

The regional analysis includes:

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

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

Automated Sample Storage Systems Market: Segmentation

Segmentation by Product Type

System Unit
Reagents and consumables

Segmentation by End User

Hospitals
Diagnostic Labs
Chemical Industries
Biopharmaceutical Industries
Research Laboratories.

Report Highlights:

Detailed overview of the parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

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Christiana Corporate, 200 Continental Drive,
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Breath Analyzers Market Accelerates to US$ 3.40 Billion Valuation by 2032, FMI’s Analysis Unveils a Resilient 17% CAGR Trend

The breath analyzers market is projected liable to enroll a CAGR of 17% during the gauge time frame, up from US$ 613 Mn in 2021 to arrive at a valuation of US$ 3.40 Bn by 2032.

The Global Breath Analyzers Market study provides critical information related to the global, regional, and top players including Breath Analyzers market share analysis, winning strategies, recent developments, and financial planning. Besides providing information regarding the key players in the Breath Analyzers market, the study also recalibrates, the impact of macroeconomic and microeconomic factors that have the potential to impact the growth of the Breath Analyzers market.

Over the past decade, the healthcare sector has been expanding remarkably, following the advent of artificial Intelligence and the Internet of Things integrated medical devices. Advancement in technology has created impressive scope within the medical sector for diagnostics and therapeutics.

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Understanding the Impact of Covid-19 on Healthcare Industry

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

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

Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.

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Breath Analyzers Market: Segmentation

Based on technology, the global breath analyzers market is segmented into the following:

Semiconductor Oxide technology
Fuel cell technology
Infrared absorption technology

Based on application, the global breath analyzers market is segmented into the following:

Alcohol detection
Drug abuse detection
Asthma detection
pylori infection detection
Tuberculosis detection
Others

Based on end users, the global breath analyzers market is segmented into following:

Law Enforcement Agencies
Enterprises
Individuals

Regional analysis includes

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

Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.

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Competitive Analysis

By Prominent Market Players

Drägerwerk AG & Co. KGaA, EnviteC-Wismar GmbH, Lifeloc Technologies, BACtrack, Inc., Quest Products, Inc., Akers Biosciences, Inc., Intoximeter, Inc., AK GlobalTech Corporation etc.

With an extensive SWOT analysis, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of each player. The report also includes important data including the sales strategy, pricing strategy, and marketing strategy adopted by these players in the Breath Analyzers market

Reasons to Buy the report

We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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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Life Science and Chemical Instruments Market Poised for 5.3% CAGR Surge by 2032 | According to FMI Analysis

The Life Science and Chemical Instruments Market is anticipated to increase from US$ 40.7 million in 2021 to US$ 43.8 million in 2026, with a CAGR of 5.3% from 2022 to 2032. Life science and chemical instruments have major applications in research and development centers, educational institutes, and clinical laboratories. The life science and chemical instruments market is dependent upon principal diagnosis technologies.

Life Science and Chemical Instruments Market:

Owing to technological advancements, the global life science and chemical instruments market is expected to witness a rapid growth, with an increase in outsourcing activities to Contract Research Organizations (CRO). Other factors contributing to the growth of the life science and chemical instruments market are growth in research and development in the pharmaceutical companies in drug discovery and clinical diagnostics, available funding from government and corporates for research studies, and continuous technological innovation in the field of analytical instruments. Also, the emergence of proteomics and innovations in human genome mapping have also increased the demand for the instruments in research and development laboratories and academic institutions. However, fierce competition among the vendors, lack of skilled professionals and high cost of these advanced instruments are anticipated to act as challenges for the growth of this market.

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Chromatography is a method of separating inorganic and organic compounds so that they can be analysed and studied further. This technique has been widely accepted in various industries such as biotechnology, chemical industry, pharmaceutical industry, food industry, and clinical and forensic laboratories. The demand and further growth of chromatographic application with drive the chromatographic instruments market during the forecast period. There is a growing demand of Electrophoresis and DNA sequencers and amplifiers in the biotechnology, pharmaceutical and healthcare industry.

Life Science and Chemical Instruments Market: Overview

The life science and chemical instruments market is expected to expand at a rate of 7% during the forecast period (2015-2025). This market of life science and chemical instruments will grow twofold by 2025.

The spectrometry segment accounts for a significant share of 35%, followed by chromatography segment.

The major end user of this market includes:

Pharmaceutical and Biotechnology companies
Clinical Research Organizations (CROs)
Research and Academic Institutions
Healthcare Facilities
Forensic Science Laboratories
Food and Agriculture Industry;
Environmental Testing Industry

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Life Science and Chemical Instruments Market: Regional Outlook

Geographically, the global life science and chemical instruments market is segmented into North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and Middle East and African regions. At present, North America dominates the global life science and chemical instruments market followed by Western Europe. There is an immense opportunity for the market to grow in Asia Pacific, Japan and Latin American (LATAM) countries. Asia Pacific is demonstrating high market growth due to increasing outsourcing activities in life science sector, thereby leading to growth in demand for life science and chemical instruments. The market in Europe has reached saturation, but has growth potential for lab automation segment. Singapore is generating large amount of revenue for this market as many life science companies are establishing their business in Singapore due to tax incentives provided by the domestic government.

Life Science and Chemical Instruments Market: Key Players

Some of the major players contributing to Life Science and Chemical Instruments market are Agilent Technologies, Bio-Rad Laboratories, Becton, Dickinson and Company, Abbott Laboratories, Siemens Healthcare Diagnostics, Shimadzu Corporation, Thermo Fisher Scientific, Inc., and Roche Diagnostics, Inc.

The report covers exhaustive analysis on:

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

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Regional analysis includes

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

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

Life Science and Chemical Instruments Market: Segmentation

Based on the technologies, the life science and chemical instruments market can be segmented as follows:

Chromatography
Electrophoresis
DNA sequencers and amplifiers
Laboratory automation
Spectrometry
Flow cytometry
Microarrays

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Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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FMI’s Revelation: Injectable Drugs Market Surging with a CAGR of 5.8% Towards US$ 937.0 Billion by 2032

The global injectable drugs market is poised to attain a value of US$ 531.8 billion by 2022. Projections indicate that market sales will maintain a steady growth trajectory, with a Compound Annual Growth Rate (CAGR) of 5.8%, culminating in an estimated value of US$ 937.0 billion by 2032. A recent study conducted by Future Market Insights highlights the dominance of large molecules within the injectable drugs market, accounting for approximately 51.8% of the market share in 2021.

Advancements in technologies that involve optimization of the devices used for clinical conditions, be it chronic or acute, clinical innovations, bringing in minimally invasive treatments, and evolvement in clinical diagnostics and management in treating high-risk patients, are the key developments within the general healthcare industry.

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Demand for related treatments is increasing, as people are now more aware of the right treatment options, doctor-guided plans, and precautionary measures to consider for serious clinical conditions.

Key players in the injectable drugs market are actively seeking to gain approvals from regulatory bodies, and develop products across the continuum of care in severe case recovery. Furthermore, the FDA is expected to approve new devices related to advanced injectable drugs and their administration, over the coming years.

“Increasing incidence of infectious diseases, oncological diseases, cardiac disorders and device innovation are prompting healthcare providers to incorporate new treatment regimens for improved patient outcome,” says an FMI analyst.

Key Takeaways:

By product, monoclonal antibodies held the largest share of 5% in the global market in 2021.
Based on application, infectious diseases segment held the largest share of 4% in the global market in 2021, with the segment expected to expand at 5.7% CAGR over the forecast period.
In terms of molecule, large molecule segment held the largest share of 8% in the global market in 2021.
By route of administration, sales in the intravenous (IV) segment are expected to increase at a 3% CAGR over the assessment period.
Based on distribution channel, the hospital pharmacies segment was valued at US$ 231.0 Bn in 2021.
North America held the largest share of 5% in the global injectable drugs treatment market in 2021, owing to the growing government investments in healthcare and R&D activities.

Competitive Landscape

Product launches and collaborations with suppliers that have a strong position and are popular in the market are some of the key strategies of the market players operating in the global injectable drugs market. For instance:

Merck and Gilead Sciences, Inc. (Gilead) signed an agreement in March 2021 to collaborate on the development and commercialization of long-acting HIV treatments that combine Merck’s investigational nucleoside reverse transcriptase translocation inhibitor islatravir and Gilead’s investigational capsid inhibitor lenacapavir.
In March 2022, Sanofi IGM Biosciences, Inc. today announced the signing of an exclusive worldwide collaboration agreement to create, develop, manufacture, and commercialize IgM antibody agonists against three oncology targets and three immunology/inflammation targets. Engineered IgM antibodies represent a new class of potential therapeutics that combine the multi-valency of IgM antibodies possessing 10 binding sites compared to conventional IgG antibodies having only 2 target binding sites.
In February 2022, Novartis India Limited extends access to its medicines in India by signing exclusive sales and distribution agreement with Dr. Reddy’s Laboratories

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What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the injectable drugs market in its latest study, presenting a historical demand assessment of 2014 – 2021 and projections for 2022 – 2032.

The research study is based on the product – (monoclonal antibodies, immunoglobulin, cytokines, insulin, peptide hormones, blood factors, peptide antibiotics, vaccines, small molecule antibiotics, chemotherapy agents, and others), by application (oncology, infectious diseases, diabetes, blood disorders, hormonal disorders, musculoskeletal disorders, CNS diseases, pain management, and cardiovascular diseases), by molecule type (small molecules and large molecules), by route of administration (intravenous (IV), intramuscular (IM), and subcutaneous (SC)), by distribution channel (hospital pharmacies, retail pharmacies, drug stores, and online pharmacies), across seven key regions of the world.

Key Players :

Pfizer Inc.
Teva Pharmaceutical Industries Ltd.
Sanofi S.A.
Sun Pharmaceutical Industries Ltd.
AstraZeneca Plc
Merck & Co., Inc.
Viatris + Mylan N.V
Cipla Inc.
Dr. Reddy’s Laboratories Ltd.
Samsung Biologics
Abbott Laboratories
Amgen Incorporated
Baxter International Incorporated
Becton Dickinson and Company
Bristol-Myers Squibb Company
GlaxoSmithKline Plc
Roche Holding Limited

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Key Segments Covered in Injectable Drugs Industry Research

By Product:

Monoclonal Antibodies
Immunoglobulin
Cytokines
Insulin
Peptide Hormones
Blood Factors
Peptide Antibiotics
Vaccines
Small Molecule Antibiotics
Chemotherapy Agents
Others

By Application:

Oncology
Infectious Diseases
Diabetes
Blood disorders
Hormonal Disorders
Musculoskeletal Disorders
CNS Diseases
Pain Management
Cardiovascular Diseases

By Molecule Type:

Small Molecules
Large Molecules

By Route of Administration:

Intravenous (IV)
Intramuscular (IM)
Subcutaneous (SC)

By Distribution Channel:

Hospital Pharmacies
Retail Pharmacies
Drug Stores
Online Pharmacies

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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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Diabetic Retinopathy Market: A Bright Outlook with an Expected CAGR of 5.8% Leading to US$ 15.50 Billion by 2033 | FMI

The diabetic retinopathy market is poised for substantial growth, with an expected CAGR of 5.8% between 2023 and 2033. In 2023, the market is projected to be valued at US$ 8.82 billion.

Driven by rising demand for diabetic retinopathy treatments among patients with damaged eye retinas, manufacturers in this sector are anticipated to witness a remarkable revenue surge, reaching an estimated US$ 15.50 billion by 2033.

FMI, in its business report, elaborates the historical and current scenario of the global Diabetic Retinopathy Market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.

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Crucial information and forecast statistics covered in the Diabetic Retinopathy market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

COVID-19 Impact Analysis on Diabetic Retinopathy Market

The recent outbreak of the COVID-19 has turned the spotlight on the healthcare industry, and subsequently impacted the Diabetic Retinopathy market. Severe shortages of critical medical supplies and a rapid rise in number of COVID-19 cases have resulted into a revolution rather than evolution in the healthcare ecosystems. Consequently, the impact is noticeable in the Diabetic Retinopathy market.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Diabetic Retinopathy market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

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Data collected from reliable primary and secondary sources
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Seamless delivery of tailor-made market research reports

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Diabetic Retinopathy Market: Segmentation

Valuable information covered in the FMI’s Diabetic Retinopathy market report has been segregated into key segments and sub-segments.

By Type:

Proliferative
Non-proliferative

By Management:

Anti VEGF
Intraocular Steroid Injection
Laser Surgery
Vitrectomy

Diabetic Retinopathy Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Diabetic Retinopathy market. Competitive information detailed in the Diabetic Retinopathy market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Diabetic Retinopathy market report.

Key players covered in the report include:

Bayer Healthcare, Novartis AG, Regeneron Pharmaceuticals Inc., Allergan plc, Oxurion, and others

Important Questions Answered in the Diabetic Retinopathy Market Report

Which end user remains the top revenue contributor in different regional markets?
At what rate has the global Diabetic Retinopathy market been expanding during the forecast period?
How will the global Diabetic Retinopathy market look like by the end of the forecast period?
What innovative strategies are adopted by Diabetic Retinopathy market players to stay ahead of the pack?
What are the restraints affecting the growth of the global Diabetic Retinopathy market?

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Key Offerings of the Report

Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Diabetic Retinopathy 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 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Future of Medicine: Digital Therapeutics Market Surges at 24.4% CAGR, Targets US$ 42.5 Billion by 2032 | FMI

Global Digital Therapeutics Market Surges to US$ 4.8 Bn in 2022, Anticipates Staggering 24.4% CAGR, Poised to Hit US$ 42.5 Bn by 2032 To infiltrate and disrupt the healthcare sector, IT companies are producing and acquiring digital therapies. Players are investigating whether digital medicines might improve quality of life and outcomes while maintaining or lowering total healthcare costs in certain disease areas, as well as how patient data obtained through such products can be used to determine coverage. To attract investors, startups are coming up with innovative digital therapeutic ideas.

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Manufacturers are combining off-patent compounds with medical devices farther up the innovation spectrum, such as altering the mode of administration with better inhalers and auto-injectors. This necessitates a bigger investment in research and development, as well as greater usage of collaboration between molecule producers and device manufacturers.

Mass-market platforms present a significant possibility for interaction at scale. Manufacturers of consumer gadgets, namely smartphones and smartwatches, have included healthcare services and encouraged third-party developers to create apps for better patient outcomes.

Simultaneously, attempts have been made to improve the quality of available apps, with major app shops enforcing certain quality criteria. This is a beneficial development because it is critical to place a premium on the secure storage of research-grade data.

Owing to the above-mentioned factors, the digital therapeutics market will expand at a considerable pace over the assessment period.

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“Increasing awareness regarding digital therapeutics across emerging economies, along with growing adoption of healthcare wearables will continue driving growth in the market over the forecast period,” says an FMI analyst.

Key Takeaways:

Combination therapy as a solution is expected to account for an approximate market share value of 4% of the global market in 2022.
By application, management is expected to hold a dominant market share value of 1% in the 2022 global market.
Central nervous system disorders by indication displayed a CAGR growth value expected to reach 2% by 2032.
Direct-to-patients/consumers is a dominant segment in terms of the business model within the global market, carrying an estimated market share value of about8%in 2022.
The U.S. is accounted for 3% of the North America digital therapeutics market in 2021.

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Key Players:

Teladoc Health, Inc.
Click Therapeutics, Inc.
Welldoc
HYGIEIA
DarioHealth Corp
BigHealth
Orexo AB
Akili Interactive Labs, Inc.
Freespira
Voluntis
Kaia Health
Kaiku Health
Theranica Bio-Electronics Ltd.
Propeller Health
Orexo US, Inc.
TALi Digital Limited
Limbix Health, Inc.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

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