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Packaging Peanuts Market is expand at a CAGR of 4.9% by 2032 with valuation of US$ 2.1 billion

In 2022, the global packaging peanuts market is estimated to exceed a valuation of US$ 1.3 billion. Furthermore, with expanding e-commerce platform penetration and increasing consumption of electronic devices globally, overall sales of packaging peanuts are predicted to grow at a 4.9% CAGR between 2022 and 2032, achieving a market size of US$ 2.1 Bn by the end of 2032.

Packing peanuts are innovative packaging solutions that are used in a variety of sectors to protect fragile products during shipping and transportation. These protective packing methods ensure that shipping products arrive safely at their destination.

Growing usage of packaging peanuts across industries like electrical & electronics, automotive, pharmaceutical, and furniture & home décor for protecting fragile and sensitive products is expected to drive the global packaging peanuts industry swiftly during the forecast period.

Demand for packaging peanuts remains particularly high in the fast growing electronics industry. Continuous development in advanced technology brings multiple electronic devices into the market. Adoption of electronics such as phones and other wireless devices is increasing as the usage of social media is getting all over the world. Consumers are trying their hand at every new product to stay updated with changing trends.

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Consumers are purchasing electronic devices via e-commerce websites. Discounts offered by online shopping websites are attracting consumers to buy more products through online mode. Also, the ease of choosing products in the comfort of the home that too with too many options available has increased e-commerce sales, especially after the pandemic situation.

The products need to be delivered to the consumer without any damage which propels the demand for protective packaging including packaging peanuts. Packaging peanuts blocks and braces products inside the carton, and thus provide resistance to shocks and high pressure. This helps in delivering the product in the right condition to the consumer. Thus, with the increased e-commerce sales for electronics products, the demand for packaging peanuts is expected to boost during the forecast period.

Furthermore, growing popularity of biodegradable and compostable packaging peanuts worldwide will further aid in the expansion of the global market over the next ten years.

Key Takeaways from Packaging Peanuts

Based on material, the starch-based polymers segment is expected to register a CAGR of 5.1% during the forecast period.
By application, the void-filling segment is projected to expand by 1.8x the current market value during the forecast period.
Based on end use, the electrical & electronics and furniture & home décor segments are collectively projected to hold around 61% of the market value share by the end of 2022.
Europe and North America together hold the largest share of the global packaging peanuts market and the trend is expected to continue over the next ten years.
The U.S. packaging peanuts market is expected to grow 1.5 times the current market value during the forecast period.
India holds around 46% share of the South Asia packaging peanuts market.

“The need for protective and safe packaging for delivering the products with minimum shipping and labor cost and the rapidly growing e-commerce market are emerging as key factors expected to boost the packaging peanuts market. Also, growing popularity of the 100% recycled packaging peanuts will create a growth opportunity for the target market over the next ten years,” – says an FMI analyst

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Rise in Spending on Furniture & Home Décor Products Bolstering Demand for Packaging Peanuts

Nowadays, most people have upgraded their lifestyles and decorated their living spaces. People are earning more money and hence their spending capacity has also changed. Many brands have come up with home decor items in the market and consumers are now more interested in keeping their space lavish. So, the demand for house furnishing items or house decoration items is increasing. This in turn is creating high demand for packaging peanuts and the trend is expected to continue during the forecast period.

These days, online shopping has become the most followed trend, especially after the pandemic. Since people are busy with their work and may not have time for visiting, they are ordering decorative items from e-commerce websites such as Pepperfry, Amazon, etc. The manufacturer or supplier has to make sure that the product should reach safely to its destination without any damage. This is prompting them to use packaging solutions like packaging peanuts.

Who is Winning?
Storopack Hans Reichenecker Gmbh, Willard Packaging Company, Styro Insulations Mat. Ind. LLC., Nefab Group, Stream Peak International PTE Ltd., and Styro Insulations Mat. Ind. LLC are the key players operating in the packaging peanuts market. Also, some of the other noticeable players in the market include Test Valley Packaging, Pioneer Packaging, Puffy Stuff Inc., President Container Inc., AP Packaging Corp, and others

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Packaging Peanuts Industry by Category

By Material:

Expanded Polystyrene

- Virgin
- Recycled
Starch-based Polymers

By Application:

Cushioning
Void Filling

By End Use:

Electrical & Electronics
Automotive & Allied Industries
Construction & Building
Pharmaceuticals
Furniture & Home Décor
Other Consumer Goods

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Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Pulp Washing Equipment Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2029

Pulp washing is a very vital process of pulping production. Pulp washing is the process of separation of the pulp and black liquor which further helpful in filtration and bleaching. From the initial cleaning and washing of brown stock to final pulp washing, the pulp washing equipment plays important role.

These paper washing equipment provides not only quality pulp but also highly efficient eco-friendly pulp. Furthermore, pulp washing equipment application ranges from hardwood kraft to softwood kraft which raise the popularity of the pulp washing equipment among the end users.

The ability of pulp washing equipment to provide large production in per unit area is one of the vibrant factor that boosts the demand for pulp washing equipment across the globe. In addition transformational change in pulp, paper and packaging industry is creating the positive impact on the global sales of pulp washing equipment.

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Rising demand for these pulp washing equipment owing to its low emission and precise washing process, ultimately push the market growth significantly. Overall, the global viewpoint for pulp washing equipment market is likely to remain positive during the forecast period.

Pulp Washing Equipment Market: Dynamics

Technological advancement associated with pulp washing equipment is also strengthening the demand up to a great extent. There are variety of pulp washing equipment which are available in the market such as pressure pulp washer, vacuum pulp washer, displacement drum washer and other pulp moulding equipment.

Advantages such as remotely operated operation, compact installation and advance hydraulic drive system with stable and liable running attracts the significant portion of paper manufacturers across the globe. Various end users adopt pulp washing equipment with such advantages. In Addition, prominent packaging manufacturers shifting their focus from traditional packaging to sustainable packaging.

Increasing demand for flexible and rigid paper packaging solutions all over the world creates the enormous demand for raw paper material. This factor is likely to bolster the market growth of pulp washing equipment in upcoming years.

On the other hand, high pricing associated with advanced pulp washing equipment/washers is one of the restraints that hampers the pulp washing equipment market growth. Overall, the global pulp washing equipment market is anticipated to expand with notable CAGR during the forecast period.

Pulp Washing Equipment Market: Regional Outlook

Based on the geography, the pulp washing equipment market is categorized into North America, Latin America, Europe, South Asia, East Asia, and MEA regions. The North America region is estimated to be a largest market for pulp washing equipment market during the forecast period. Shifting inclination of packaging manufacturers towards sustainable packaging in this region is uplifting the pulp washing equipment market growth.

In East Asia, China is projected to remain most dominant country in terms of market share. An adequate presence of pulp washing equipment manufacturers in this region is driving the demand significantly. Along with this, growing paper and pulp industry in South Asian Countries, especially in India is anticipated to propel the market growth during the next decade.

In terms of market growth, the Europe region is projected to follow the North America Region. In Addition, countries such U.K., Germany and Italy remain the forefront regarding the market share throughout the next ten years.

The development of paper and pulp industry in Latin America is pushing demand upwards for pulp washing equipment, especially in countries like Mexico and Brazil. Striking industrialization in MEA region is also offering gratifying opportunities for pulp washing equipment manufacturers to strengthen their market position.

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Pulp Washing Equipment Market: Key players

Some of the leading manufacturers of pulp washing equipment are China National Building Material International Equipment Co., Ltd., Valmet Oyj, Shandong Hantong Aote Machinery Co., Ltd, Wenrui, ANDRITZ, Kadant Inc., Leizhan, and Zhengzhou Guangmao Machinery Manufacture Co.LTD,., etc.

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 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.

Regional Analysis Includes

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

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Pulp Washing Equipment Market: segmentation

On the basis of product type, pulp washing equipment market is segmented into:

Vacuum pulp washer
Pressure pulp washer
Displacement drum washer
Others

On the basis of distribution channel, pulp washing equipment market is segmented into:

Manufacturers
Distributors
E-Retail

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Beer Cans Market Potential Growth, Share, Demand And Analysis Of Key Players- Analysis Forecasts To 2029

Beer is one of the most preferred alcoholic beverage. A beer can is a container or vessel that is used for convenient consumption of beer. Beer can is generally of 330 ml and 500 ml capacity. Beer cans offer easy way of transport, and allows consumers to bring their favourite beer home. In addition, the beer cans market offers enormous opportunities to packaging manufacturers owing to increasing consumption of alcoholic beverages.

Premiumization is not a new trend, but it has played an important role in shaping the beverage packaging. For instance, the infiltration of premium beer brands has augmented for 3% to 4% above mainstream brands. As a result of these cans manufacturers are introducing beer cans for premium craft beers.

Nowadays, brand owners are considering beer cans as an advertisement tool and also provide direct to substrate printing which increases the aesthetic looks of the can. Furthermore, the global beer cans market is very competitive owing to presence of many worldwide and regional manufacturers.

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As per several studies, the beer cans market looks largely fragmented amongst the sellers that are competing in terms of size, capacity, price, product quality, technological innovations, and volume. In order to increase competitive advantage over the rivals, the packaging manufacturers are implementing strategies like collaborations, mergers, and partnerships.

Global Beer Cans Market – Key Players

A few of the key players in the beer cans market are

Toyo Seikan Group Holdings Ltd,
Ball Corporation,
Crown Holdings, Inc.,
Ardagh Group S.A.,
Can-Pack S.A.,
Orora Packaging Australia Pty Ltd.,
CPMC Holdings Limited,
Nampak Bevcan Limited.,
Daiwa Can Co.,
Shenzhen Xin Yuheng Can Co., Ltd, etc.

The report on beer cans market is a compilation of first-hand information, and qualitative & quantitative assessment by industry analysts, as well as 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 segment. Beer cans market also maps the qualitative impact of various market factors on market segments and geographies.

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Global Beer Cans Market – Dynamics

The primary driver behind the high growth in the beer cans market is the changing consumer demand to experience a large variety of beers with taste and flavor. Also, the rise in consumption of beer in emerging economies such as India and China will boost the demand for beer cans market. Beer cans manufacturers are gradually spending on R&D to enhance the looks and convenience of their products.

In addition, recyclability and environmental advantage of beer cans to boost the market during the forecast period. Furthermore, light weight and convenience option provided by beer cans to drive the market. Government initiatives for reducing the usage of plastic and glass in alcohol packaging have created growth opportunities for metal packaging formats like beer cans.

Beer is normally filled in a can by 2 standard machines such as vacuum filling machine and pressure filling machine.

Global Beer Cans Market – Regional Overview

In North America, US is anticipated to dominate the beer cans market over the forecast period. Furthermore, in Asia Pacific region, India, China and ASEAN countries are expected to witness significant growth during the forecast period. Owing to the high demand and preference of metal packaging solution for craft beer. However, the beer cans market in Middle East & Africa is projected to witness sluggish growth during the forecast period.

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Global Beer Cans Market – Segmentation

The global beer cans market is segmented by material type, product type, capacity, and filling method. The pricing for beer cans has being done based on capacity segment in US$ million, and the volume is considered in units.

On the basis of material type, the global beer cans market is segmented into –

Aluminum
Steel

On the basis of product type, the global beer cans market is segmented into –

2 Piece Cans
3 Piece Cans

On the basis of capacity, the global beer cans market is segmented into –

330 ml
500 ml

On the basis of filling method, the global beer cans market is segmented into –

Vacuum Filling
Pressure Filling

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Cake Boxes Market Sales to increase at a CAGR of 4.5% by 2032 with reaching a valuation of US$ 622.9 Million

The global consumption of cake boxes is predicted to be about US$ 402.1 million in 2022 and to rise at a CAGR of 4.5% to reach US$ 622.9 million by the end of 2032, according to data from Future Market Insights. With the top 5 businesses predicted to control 20–25% of the global cake boxes market by 2022, the demand for cake boxes will increase.By the end of 2032, the paper and paperboard category, which is based on the material, is expected to occupy about 62% of the market share for cake boxes since it allows for personalization and is environmentally friendly.

The cake boxes market generated US$ 372.9 Mn in revenue in 2021, according to FMI. The market for cake boxes is anticipated to grow at a CAGR of 4.5% from 2017 to 2032 to reach US$ 622.9 Mn. The top 5 firms are predicted to control 20–25% of the worldwide cake boxes market by 2022, as demand for paper and paperboard cake boxes increases.

In 2022, there is expected to be favourable growth in the market for cake boxes. According to a recent FMI prediction, the market for cake boxes will experience strong development from 2022 through 2032, with an absolute growth opportunity of US$250.0 Mn.

The global drive for recyclability on the market for cake boxes would create huge opportunities for recycling companies globally. Recycled fiber also provides a distinct cost advantage for the manufacture of the cake boxes. It requires less amount of resources and energy to manufacture cake boxes as compared to virgin fiber.

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Cake boxes are widely used in the packaging of different sizes of cakes and pastries. All cake boxes can be printed personalized with a tag, label or decorative design to ensure a quality product appearance. Nowadays, the demand for cakes is increasingly in a single small cities day by day which propelled the demand for cake boxes worldwide. In addition, due to the convenience provided by online shopping, such as free shipping options and trouble-free delivery and return policies, the digital commerce industry is experiencing strong growth. Since many online retailers use cakeboxes to keep the product protected from mechanical stress, the cake box market is positively influenced. Apart from this, in order to launch improved cake boxes, manufacturers are investing in research and development activities.

They are also come up with custom cake box packaging to expand their consumer base. The key growth factor on the global market for cake boxes is low-cost and maximum protection features of cake boxes. Cake box is used as a secondary packaging solution for different sizes of cakes and pastries. The growth of cake boxes is expected to witness substantial growth during the forecast period owing to the growing demand for online shopping in developed and developing countries. China, Germany, the USA and India. During the growth in the online shopping platforms, demand for packaging products such as cake boxes which provide maximum shipping and handling safety will also gain a strong foothold in the global market.

Cake Box Market: Regional Outlook

Manufacturers of cake boxes are planning to increase their production capacities due to the increasing online demand for cakes. In the Western Europe region, Germany is expected to the largest market share of cake boxes followed by the U.K during the forecast period. The European market for cake boxes is experiencing its golden time due to the high demand for cake box packaging, higher prices of paper and high profits making it a profitable industry in the European region. During the last ten years, the European cake box industry has witnessed more than 100 mergers and acquisitions.

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Mondi Group, DS Smith and Smurfit Kappa Group actively acquires in the European cake box industry. Also, there is an expansion of these companies in the Asia Pacific and Latin America. The APEJ region is expected to have a lucrative growth in the global cake boxes market.

Cake Box Market: Key Players

Some of the players operating in the Cake Box Market are Mondi Group Plc, International Paper Company, Georgia Pacific LLC, Tat Seng Packaging Group Ltd, Pratt Industries, Inc., Action Box Inc., Smurfit Kappa Group Plc, Oji Holdings Corporation, DS Smith Packaging Limited, Stora Enso Oyj, WestRock Company, VPK Packaging Group NV, Nelson Container Corporation, Great Little Box Company Ltd., Acme Corrugated Box Co. Inc., Wertheimer Box Corporation, Shillington Box Co., LLC, Bee Packaging, A.D. Incorporated of Milwaukee, and Shanghai DE Printed Box and many more. Many local and unorganized players are expected to contribute to the Cake Box Market.

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

Regional analysis includes :

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

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Cake Box Market: Segmentation

The Cake Box Market is segmented on the basis of material, shape and assembly style

On the basis of material, the Cake Box Market has been segmented as follows-

Cardboard
Corrugated cardboard
Fiberboard
Paperboard
Recycled paperboard

On the basis of shape, the Cake Box Market has been segmented as follows-

Rectangle
Square

On the basis of assembly type, the Cake Box Market has been segmented as follows-

Auto-popup
Lock corner

Reports Highlights:

A detailed overview of the parent market
Changing Cake Box Market
In-depth Cake Box Market
Historical, current and projected Cake Box Market size regarding volume and value
Recent industry trends and developments Cake Box Market
Competitive landscape of the Cake Box Market
Strategies for key players and product offered Cake Box Market
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Cake Box Market Performance

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USA market for Hospital Stretchers is projected to expand at a CAGR of 5.8% through 2032

The Global Hospital Stretchers Market was valued at US$ 2.6 Billion in 2021 and is expected to reach US$ 4.8 Billion by 2032, finds Future Market Insights (FMI) in a recent market survey. As per the findings of the report, hospitals will remain pivotal for the market as the bulk of revenue will be generated through this category, with a forecasted CAGR of 18.4%. The market in the US is projected to account for over 30% of the global revenue, throughout the analysis period.

The prevalence, the sedentary lifestyles, and the prevalence of alcohol and smoking consumption are all linked to the probability of people suffering from chronic diseases. One of the chief causes of death globally is cardiovascular disease. According to the WHO, CVDs take the lives of approximately 17.9 million people every year. According to the Centers for Disease Control and Prevention, 0.8 million Americans have a heart attack per year, and approximately 0.6 million die because of this.

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The rising incidence of cancer is leading to the demand for stretchers in hospital settings. The International Agency for Research on Cancer (IARC) projects the growth of the cancer burden will reach 19.3 million cases by 2020, with 10 million deaths. Consequently, the demand for chronic diseases is among the key factors driving growth.

More fatalities and traffic accidents have motivated increased funding for emergency medical services. The WHO estimates that each year, close to 1.35 million traffic-related deaths occur worldwide (2021). By age group, fatalities occur most commonly among people under 29 and are particularly common in low- and middle-income countries.

Competitive Landscape

Product commercialization and partnership tactics are expected to be profitable for the hospital stretchers market in the forthcoming years. Market players are concentrating on various business strategies such as mergers and acquisitions, partnerships, and new product launches to strengthen their market position

The key vendors in the global Hospital Stretchers market are Hill-Rom Holdings, Stryker, Mac Medical, TransMotion Medical Inc., Fu Shun Hsing Technology, Narang Medical Limited, ROYAX, and Advanced Instrumentations.

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The recent developments in hospital stretchers markets are:

In October 2020, Stryker released the ProCuity Wireless Bed, which is intended to help hospitals reduce costs, reduce the number of patients’ falls, and improve nurses’ workflow.
In September 2021, an Indian teen invented a stretcher with shock absorbers. Unlike its conventional counterparts, this stretcher is designed in such a way that the patient’s gravity point is managed using the patient’s own weight. During movement on ramps, slopes, or uneven surfaces, this is balanced on the central wheels.
In December 2021, the Neonatal Stretcher System from Technimount won the EMS World Innovation Award 2021. The Neonatal Stretcher System which consists of a support stretcher structure and adapted mounts that allow the attachment of multiple medical devices, provides safety and autonomy to neonatal transport teams.

More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Hospital Stretchers market, presenting historical market data (2017 to 2021) and forecast statistics for the period of 2022 to 2032.

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Market Segments Covered in Hospital Stretchers Industry Analysis

By Product Type:

Adjustable Height
Fixed Height
Bariatric
Radiographic

By Technology:

Motorized
Non-Motorized

By Application:

Ambulatory/Transport
Day-care/Inpatient
Surgery
Emergency/Trauma

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Surgical Drainage Devices Market in the USA is projected to expand at a CAGR of 8.0% through 2032

Global Surgical Drainage Devices Market was valued at US$ 1.3 Billion in 2021 and is expected to reach US$ 2.9 Billion by 2032, finds Future Market Insights (FMI) in a recent market survey. The growth of the market for Active Drains is projected to expand at a CAGR of around 7.7% during 2022 to 2032. The value of Active Drains Market increased at a CAGR of around 6.7% during 2017 to 2021.

Active drains are systems that collect fluid and deposit it in reservoirs. These reservoirs reduce hospital workers’ exposure to contaminated fluid. Active drains use an artificial pressure gradient to remove fluid from a wound or body cavity.

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According to the National Library of Medicine, patients with active drains experienced 6% delayed healing compared to 54% for those with passive drains.

Active drains play an important role in improving the outcome of cardiothoracic surgeries, especially in children. As a result, the use of active surgical drain devices among a wide range of end-users has increased along with an increase in the prevalence of chronic diseases like arthritis and osteoporosis. This appears to be primarily driven by significant progress in the medical device industry.

Top of Form

Bottom of Form

Competitive Landscape

Some of the key players in Surgical Drainage Devices include Acelity, Teleflex Incorporated, Cardinal Health, Medtronic, Cook Medical, Johnson and Johnson, B. Braun Melsungen AG, Smith & Nephew plc, Stryker, Becton Dickinson, and Centese.

Some of the recent developments of key surgical drains devices providers are as follows:

In October 2021, Centese created a self-cleaning chest tube device that offers more accurate measurements for keeping tabs on patients recuperating from heart or lung surgery. The device developed by Centese is called the Thoraguard device. This device will help Centese accelerate its growth in the segment of surgical drainage devices.
In April 2019, Smith & Nephew plc announced the acquisition of Osiris Therapeutics, Inc. This addition will further accelerate the growth of Smith & Nephew’s surgical drains business and advance the wound care franchise.
In October 2019, 3M announced the acquisition of Acelity, Inc.

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More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Surgical Drainage Devices Market, presenting historical market data (2017 to 2021) and forecast statistics for the period of 2022 to 2032.

Surgical Drainage Devices Market Segmentation

By Product Type:

Active drains
Passive drains

By Application:

Thoracic and Cardiovascular Surgeries
Neurosurgical Procedures
Abdominal Surgery
Orthopedics
Other Applications

By End-Use:

Hospitals
Ambulatory Surgical Centers
Clinics

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Pessary Market in the USA is projected to expand at a CAGR of around 11.1% through 2032

The Pessary Market revenues were estimated at US$ 289.8 Million in 2021 and is anticipated to grow at a CAGR of 10.2% from 2022 to 2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 831.3 Million.

The vaginal pessary is one of the most ancient medical devices, having been used for centuries to treat POP and, more recently, SUI. When choosing a pessary, the severity of the SUI, the presence of prolapse, and the level of sexual activity should all be taken into account Transvaginal silicone or rubber devices are used to treat incontinence.

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They are intended to support the epithelial duct and bladder wall while also elongating and gently condensing the urethra against the pubis. When intra-abdominal pressure rises, this structural configuration reduces, and in many cases eliminates, leakage, effectively resolving incontinence. An incontinence pessary, similar to a vaginal sling, supports the ureterovesical junction from this position.

According to estimates, 30% of women between 30 to 60 years are affected, compared to 1.5 to 5% of men. Stress causes urinary incontinence, which can happen during and after pregnancy. Weight gain, urethral sphincters, menopause, and childbirth have all been connected to it.

According to the American Urological Association, 25% to 35% of men and women in the United States struggle with stress urinary incontinence. The disease has affected over half billion people worldwide. A urinary tract infection, urethral sphincters, menopause, and pregnancy are all factors that lead to the development of stress urinary incontinence symptoms, creating a market for pessaries.

Competitive Landscape

Among the leading players in the global Pessary market are Integra Lifesciences, Panpac Medical Corporation, Personal Medical Corporation, Dr. Arabin GmbH & Co., and Wallach Surgical Devices. To gain a competitive advantage in the industry, these market players are investing in product launches, partnerships, mergers and acquisitions, and expansions.

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Some of the recent developments in the pessary market are mentioned below:

In February 2022, CooperCompanies agreed to purchase Cook Medical’s Reproductive Health division, which manufactures noninvasive fertility, obstetrics, and gynecology devices. Cooper will pay US$ 875 million in total, with US$ 675 million paid at closing and the remaining US$ 200 million paid in four US$ 50 million annual installments.
In February 2022, Theramex, a global pharmaceutical company specializing in women’s health expanded its initial collaboration with Endoceutics to commercialize Intrarosa in Australia. Intrarosa is the first and only DHEA treatment that has been approved for postmenopausal women suffering from moderate to severe vulvovaginal atrophy.
In August 2021, Liv Labs developed a reusable female comfort pessary that does not require a doctor’s prescription. Patients suffering from incontinence are currently fitted for pessaries, which must be worn for six months before being removed.

The Liv Labs pessary is soft, smooth, and squishy, making insertion and removal easier. It is made of medical-grade silicone. Women can use it whenever they want, whether it is all day or just for a quick trip to the gym.

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Future Market Insights, in its new offering, presents an unbiased analysis of the Pessary Market, presenting historical market data (2017 to 2021) and forecast statistics for the period of 2022 to 2032.

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Market Segments Covered in Pessary Market Analysis

By Type:

Gellhorn
Ring
Donut
Other Types

By End-Use:

Hospitals
Ambulatory Surgical Centres
Clinics

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Surgical Retractors Market is projected to reach US$ 4.1 Billion by 2032

The Global Surgical Retractors Market was valued at US$ 1.8 Billion in 2021 and is expected to reach US$ 4.1 Billion by 2032, finds Future Market Insights (FMI) in a recent market survey. As per the findings of the report, it is projected that revenue through the neurosurgery application will grow at 10.7% CAGR during the forecast period.

Around 12% of all neurology patients die from these diseases each year, according to the World Federation of Neurology. According to the WHO, neurological diseases will cause an increase in the number of Disability-Adjusted Life Years lost globally from 95 Million in 2015 to 103 Million in 2030.

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Surgery is the single and primary form of treatment for neurological conditions. The increase in neurological surgeries and the high demand for surgical retractors manufactured especially for these procedures are the main reasons why the neurosurgery segment dominates the market for surgical retractors.

The United States will hold the largest share of the market throughout the Analysis Period

From 2022 to 2032, the Surgical Retractors Market is estimated to develop at a CAGR of 8.9% in the United States; taking the market to US$ 1.1 Billion by 2032. From 4% of GDP in the 1960s to 19.7% of GDP in 2020, the US’s healthcare costs have grown significantly.

Chronic renal illness affects 15% of Americans, according to the Centers for Disease Control and Prevention. The rising prevalence of chronic diseases is therefore predicted to increase the need for surgical intervention, which will raise demand for surgical retractors and generate an absolute dollar growth potential of US$ 663 Million.

Surgical Retractors Market: Competition Insights

The key companies operating in the Surgical Retractors Market include Baxter International Inc., B. Braun Melsungen AG, The Cooper Companies, Inc., Terumo Corporation, Teleflex Incorporated, Medtronic Plc., Medline Industries INC., Johnson & Johnson, NOVO NORDISK, Integra Lifesciences Holdings Corporation, HENKE-SASS WOLF, Henry Schein, Inc., Dickinson and Company, Conmed Corporation, SKLAR Surgical Instruments., Teleflex Incorporated., Olympus Corporation, Thompson Surgical, Arthrex, Inc., Microsurgical Technology, STRYKER CORPORATION, GLOBUS MEDICAL, Applied Medical Resources Corporation, Innomed, Inc., LiNA Medical ApS, Vivo Surgical Private Limited, and Changzhou Haiers Medical Devices Co. Ltd.

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Some of the recent developments by key providers of the Surgical Retractors Market are as follows:

In April 2021, in order to connect its StealthStation S8 surgical navigation system with Surgical Theater’s SyncAR augmented reality (AR) technology, Medtronic plc established a cooperation with the company. Through this partnership, neurosurgeons will be able to use augmented reality (AR) technology in real-time to improve visualization during challenging cranial surgeries.
In March 2020, a collaboration between JUNE MEDICAL and Vivo Surgical was established that led to the Galaxy II LUX self-retaining ring retractor with light. The Galaxy II retractor offered by June Medical and the KLARO light provided by Vivo Surgical, which has a specially made clip for it, are combined to create this gadget.By giving surgeons better access to and a clearer vision of the surgical site, this retractor has the advantage of removing the drawbacks of employing overhead lighting or personal head torches.
In May 2019, ONETRAC LX, a newly created single-use cordless surgical retractor that is outfitted with a multi-LED light source and dual smoke evacuation channels, has been introduced by OBP, one of the top makers of self-contained and single-use medical devices. The newly created surgical retractor provides operating surgeons and nurses with the best possible smoke clearance capabilities.

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Key Segments Covered in Surgical Retractors Market Survey

By Application:

Handheld
Self-retaining

By Product Type:

Abdominal retractor
Finger retractor
Nerve Retractor
Orthopedic Retractor
Rectal Retractor
Thoracic retractor
Ribbon retractor
Other Product Types

By Application Size:

Neurosurgery
Wound closure
Reconstructive surgery
Cardiovascular
Orthopedic
Obstetrics and Gynecology (Ob/Gyn)
Other Applications

By End-use:

Hospitals
Ambulatory Surgical Centers
Clinics

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Peptide Drug Conjugates Market is projected to expand at a 20% value CAGR by 2033

The global peptide drug conjugates market is expected to be worth US$ 861.12 million in 2023 and US$ 5,331.83 million by 2033. Over the forecast period of 2023 to 2033, the predicted growth rate is about 20%. The growth of the market is attributed to the global upsurge in cancer cases and related mortality, strong clinical trial pipeline with peptide drug conjugates (PDCs) and associated side effects of the existing products such as uncontrolled toxicity associated with small molecule chemotherapeutic agents.

According to WHO, cancer is the leading cause of disease related deaths, worldwide. In 2020, around 10.0 million deaths globally and more than 6.0 million deaths in the U.S. were recorded due to cancer. Furthermore, as per cancer.gov, by 2040, the number of new cancer cases patients per year is estimated to reach 29.0 million and the number of cancer-related deaths to 16.0 million. Therefore, rising demand for the novel treatment like PDCs to target uncontrolled cell growth is expected to fuel the peptide drug conjugates market growth.

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Currently, Lutathera (Lu 177 dotatate) and Pepaxto (Melflufen) are the two FDA approved PDCs to treat uncontrolled cell growth. The marketplace has the FDA approved PDC as Novartis’s Lutathera (lutetium Lu 177) indicated for somatostatin receptor-positive gastroenteropancreatic neuroendocrine tumors in adults. Later, in February 2021, Oncopeptides ABs announced the FDA’s accelerated approval for Pepaxto (Melphalan) indicated for the treatment in multiple myeloma. Presence of limited PDCs in space in offering remunerative opportunity for the growth.

Furthermore, presence of robust clinical trial pipeline and expected launch of new PDCs is anticipated to boost the market growth during the forecast period. These can be attributed to the PDC ANG1005 under phase 3 clinical studies for brain tumor, and PDCs BT5528 and BT1718 under phase 2 to clinical studies for lung cancer. CBX-12 is another phase 2 PDC candidate indicated for the small cell lung cancer treatment.

Key Takeaways from the Market Study

By product, Lutathera segment accounted for the largest share of 80.5% in 2022
Based on type, therapeutic segment dominated the peptide drug conjugates market with the revenue share of 82.3%.
North America dominated the global market in 2022 with a revenue share of 45.62%.
Asia Pacific is expected to witness a growth rate of 27.4% during the forecast period.

“Increasing awareness about current treatment options, favorable reimbursement policies, and improved patient affordability are the factors expected to drive the market growth.,” says an analyst at Future Market Insights.

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Key Market Players

Major players are channelling efforts toward expanding their production capacities to strengthen their market share and cater to the growing demand. Market expansion is anticipated to be aided by the growing number of partnerships and collaborations among key players that are looking to increase their presence in the market. Key players in the Peptide Drug Conjugates market are Novartis AG; Bicycle Therapeutics; AstraZeneca; Cybrexa Therapeutics; Oncopeptides AB; Angiochem Inc.; Innovasium Soricimed Biopharma; and Theratechnologies. Some of the recent key developments among key players are:

In November 2022, Cybrexa Therapeutics and Exelixis, Inc. announced the collaboration agreement providing Exelixis the right to acquire, first-in-class peptide-drug conjugate (PDC), CBX-12. This initiative is expected to expand its clinical pipeline for targeted drug therapy.
In December 2021, Coherent Biopharma and WuXi STA announced the strategic partnership agreement to develop their current and future therapeutic drugs including peptide drug conjugates.

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Key Market Segments Covered in the Global Peptide Drug Conjugates Market

By Product:

Lutetium
Melflufen
ANG1005
BT1718
CBX-12
Other Pipeline Products

By Type:

Therapeutic Peptide Drug Conjugates
Diagnostic Peptide Drug Conjugates

About the Healthcare Team 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 of key trends including competitive landscape, profit margin, and research development efforts.

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Bullous Keratopathy Market Value to reach US$ 650 Million by 2033, at a CAGR 4.3%

The global bullous keratopathy market is expected to register a CAGR of 4.3% from 2023 to 2033, reaching a valuation of US$ 427.54 Million in 2023, as per a recently published Future Market Insights report. For the assessment period of 2023 to 2033, a CAGR of 4.3% is expected, with a closing value of US$ 650 million. The rising prevalence of ophthalmic diseases, such as keratoconus, Fuchs dystrophy, and infectious keratitis, is the key factor propelling the industry’s growth. According to the NCBI report, approximately 10-15% of patients diagnosed with keratoconus require to undergo a corneal implant procedure at some point.

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Corneal blindness is the third-leading cause of blindness after glaucoma and cataract affecting 10 million people globally. The most common cause of damage to endothelium layer of the cornea is eye surgery. Any kind of trauma, glaucoma, or inflammation from eye surgery can result in bullous keratopathy. Bullous keratopathy may occur in around 1% to 2% of patients undergoing cataract surgery, a nonsignificant number when you consider that approximately 10 million patients undergo cataract surgery worldwide each year.

Collagen-based bio-engineered artificial corneas used in Bullous Keratopathy have high demand in the market owing to their advantages, such as low cost, biocompatibility, and improved safety and effectiveness. There has been an increased focus of manufacturers to develop and launch new products. Currently, two products are in clinical trials and are expected to help the artificial cornea segment and overall industry growth over the forecast period. For instance, in 2022, Corneat Vision announced that its CorNeat KPro (artificial cornea) is undergoing clinical trials. This product is expected to receive marketing approval in 2024 which will aid in the market expansion of Bullous Keratopathy.

Corneal transplantation is the decisive treatment for Bullous Keratopathy as it revives the normal structure and function of endothelial cells. It can be done in the form of penetrating keratoplasty (PK), Descemet membrane endothelial keratoplasty (DMEK) or Descemet stripping automated endothelial keratoplasty (DSAEK). A cross-sectional national survey was conducted in Japan for 963 eyes with bullous keratopathy between 1999 and 2001 by members of the Japan Cornea Society. Demographic characteristics, type of surgery, complications, and postoperative outcomes were analyzed. Bullous keratopathy accounted for 24.2% (963 eyes) of total keratoplasties performed during the period (Shimazaki et al., 2007).

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Key Takeaways from the Market Study

Global bullous keratopathy market likely to reach US$ 650 Million by 2033
North America is expected to hold highest market share during the forecast period.
Europe Bullous keratopathy market accounted for a 19.1% business share in 2022.
The amniotic membrane transplantation is an effective method of treatment for bullous keratopathy and has beneficial influence on the process of corneal healing and the improvement of visual acuity and diminish subjective symptoms.
By end-user, hospital segment dominated the market with revenue share of US$ 150 Million.

“With major breakthroughs in ophthalmology becoming evident, the scope for bullous keratopathy is expected to rise significantly. Moreover, healthcare practitioners are gravitating towards more precise surgeries to improve patient outcomes,” remarks an analyst at FMI.

Competitive Landscape

Key players in the Bullous Keratopathy market are- Hoffmann-La Roche Ltd, Regeneron, Pharmaceuticals, Inc., Pfizer, Inc., Bayer AG, Cellusion, CRSTEurope, Barraquer Eye Hospital, Planchard Eye & Laser Center, Medscape. Some recent developments in bullous Keratopathy market are:

In September 2022: Celregen and Cellusion Inc. signed an exclusive license agreement for corneal endothelial cell regenerative therapy in Greater China.
In July 2022: Carl Zeiss Meditec and Precise Bio announced a partnership in the development and commercialization of tissue-based implants for ophthalmology

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Key Segments Profiled in the Bullous Keratopathy Market Industry Survey

Bullous Keratopathy Market by Therapies:

Emmecell
- Drug Description
- Regulatory Milestones
- Safety and Efficiency
- Product Profile
Cellusion
- Drug Description
- Other Development Activities
- Clinical Development
- Safety and Efficiency
- Product Profile

Bullous Keratopathy Market by End User:

Hospitals
Surgical Centers

Bullous Keratopathy Market by Treatment:

Medical Management
- Lubricants
- Steroids
- Hyperosmotic agents
- Anti- Glaucoma drugs
- Antibiotics
- Amniotic Membrane Grafting (AMG)
- Annular Keratotomy
- Anterior Stromal Puncture

About the Healthcare 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 of key trends including competitive landscape, profit margin, and research development efforts.

About Future Market Insights (FMI)

Contact: