Biomedical Refrigerators and Freezers Market is projected to record a CAGR of 5.9% from 2022 to 2032

The biomedical refrigerators and freezers market is projected to record a CAGR of 5.9% during the forecast period, up from US$ 3.2 Bn in 2020 to reach a valuation of US$ 6 Bn by 2031

Biomedical refrigerators and freezers are medical equipment, used for storing various biological samples such as biological reagents, blood, blood derivatives, medicines, vaccines, deoxyribonucleic acid (DNA), ribonucleic acid (RNA), and flammable chemicals. Samples with biological origin require precise conditions for effective storage.

In comparison with domestic refrigerators and freezers, biomedical refrigerators and freezers provide optimum conditions for efficient storage of samples with biological origin. Biomedical refrigerators and freezers are widely used in blood banks, hospitals, diagnostic centers, research laboratories, educational institutes, etc.

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Based on temperature range, commercially available biomedical refrigerators and freezers offer different applications.

For example, ultra-low temperature freezers with temperature range between -70 to -80 and low are used for prolonged storage of biomedical samples such as DNA and RNA. Plasma freezers offer temperature range between -30°C to -40°C and hence, are preferred for the storage of plasma products, whole blood and vaccines.

Blood bank refrigerators are suited for the storage of whole blood or blood component products. However, the blood bank refrigerators segment contributes the largest market share for the global biomedical refrigerators and freezers market.

The blood bank refrigerators segment is mainly driven by steady rise in the number of blood banks in developing and developed regions and the presence of stringent regulatory requirements. On the other hand, laboratory, medical freezers and pharmacy segments are expected to grow with fastest CAGR during the forecast period.

The global biomedical refrigerator and freezer market is expected to grow at a single digit CAGR during the forecast period (2015-2025).

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Global Biomedical Refrigerators and Freezers Market: Overview

With rapid technological advancement and with augmentation of various technological and infrastructural up gradation of clinics, hospitals and research laboratories, the global biomedical refrigerators and freezers is expected to have a substantial growth in the forecast period (2015-2025).

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Key players in global biomedical refrigerators and freezers market are, Aegis Scientific, Inc., ARCTIKO A/S, ThermoFisher Scientific, Inc., Binder GmbH, BioMedical Solutions, Inc., Bionics Scientific Technologies (P) Ltd., Coldway, DESMON S.p.A, Eppendorf AG, Froilabo SAS, Panasonic Healthcare Co., Ltd., Philipp Kirsch GmbH, LabRepCo, Inc., Gram Commercial A/S, and Venktron Electronics Co. Ltd.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

Global Biomedical Refrigerators and Freezers Market: Drivers and Restraints

Factors driving the global biomedical refrigerators and freezers market, are increasing demand for blood transfusions, custom-made medicines and vaccines, and cellular therapies. In addition, rising research and development activities in the field of medical science are driving the acceptance of biomedical refrigerators and freezers in research and educational institutes.

Also, with increased funding from various sources and R&D activities in the pharmaceutical sector up-surged the use of biomedical refrigerators and freezers.

Factors restraining the global refrigerator and freezers market includes, presence of large number of local players offering cheaper products than branded products, and rising trend of using refurbished equipment worldwide due to its cheaper price.

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Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

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Contraceptives Market is expected to reach US$ 30.8 Bn by 2032, with sales growing at a 5.5% CAGR

[200 Pages Report] In 2022, the global contraceptives market is expected to be worth US$ 18 billion. Contraceptive drug and device demand is expected to grow at a 5.5 percent CAGR, with the total market size reaching US$ 30.8 billion by 2032. According to a recent study by Future Market Insights (FMI), devices will lead the market in terms of product, accounting for approximately 58.3 percent of the market in 2021.

The global contraceptives market size is expected to reach ~US$ 33,529 Mn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at a CAGR of ~6.2% between 2019 and 2029. According to the report, growing need of population control, increasing incidence of unwanted pregnancies and government’s initiatives drive the contraceptive market forward. It uses unique research methods to offer the most accurate analysis of the market.

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It includes in-depth insights into the contraceptives market. Some of these are:

  • The estimated value of the contraceptives market was at ~US$ 33,529 Mn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • Regionally, North America dominates the contraceptives market globally.
  • East Asia emerges as one of key markets owing to large population base, growing contraceptive awareness and initiatives taken by the respective country government.
  • Female segment holds the most of the contraceptive market as compared to men.
  • Key players are likely to focus on new product development in terms of drug & device, to stay relevant in developed markets.

Contraceptive Pills – the Most Lucrative Product Type

Contraceptive market contains drugs and devices. The devices market holds most the contraceptive market however drugs are anticipated to grow at highest CAGR owing to its beneficial property and easy consuming method. With the advancement of technology, the emergence of drugs have become popular as oral contraceptive pills which has the same purpose as other contraceptive drugs or devices. The simplicity and easy consumable method are expected to make it most popular contraceptive market. The other form of drugs such as topical and injectable contraceptives also witness strong market demand. Furthermore, these contraceptive pills are highly effective and does not interrupt in sex. Even in cases, it has been proved to reduce heavy and painful periods. All these factors and benefits are expected to fuel the sales of contraceptive drugs in the global market.

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Some of the leading players operating in the contraceptives market are Bayer AGPfizer Inc., Janssen Global Services, LLC, Teva Pharmaceutical Industries Ltd., Merck & Co., Inc., Mylan N.V., Allergan Plc, Reckitt Benckiser Group plc, Veru Inc., Church & Dwight Co., Inc., Medisafe Distribution Inc., Cooper Surgical, Inc., Mayer Laboratories, Inc., Pfizer, The Female Health Company and others. As a result of increasing competition, companies are focusing on expanding their product portfolio with new innovation. In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.

  • As a part of government’s initiative, the government of India had launched a new contraceptive pill named ‘Shukhi 3rd Generation’ in Nov 2019.
  • In Spet. 2019, Exeltis USA, Inc. had announced the Launch of Slynd™(drospirenone) tablets, the First and only progestin-only pill providing pregnancy prevention with a 24-hour missed pill window

Get Valuable Insights into Contraceptives Market

Future Market Insights, in its new report, presents an unbiased analysis of the global Contraceptives market, covering historical demand data and forecast figures for the period between 2019 and 2029. The study divulges compelling insights on the contraceptives market based on product type (contraceptive drugs – oral contraceptive pills, injectable, topical), gender (male, female), by price range (high range, low /economy), sales channel (Wholesaler/ Distributor, Hypermarket/ Supermarket, Specialty Stores, Drug & Pharma Stores, Convenience Stores, online, and others -hospitals, clinics etc.), region (North America, Latin America, Europe, East Asia, South Asia, Oceania, Middle East & Africa).

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Market segmentation

Product Type

  • Contraceptive Drugs
    • Oral Contraceptive Pills
    • Injectables
    • Topical
  • Contraceptive Devices
    • Diaphgrams
    • Sponges
    • Vaginal Rings
    • Subdermal Implants
    • Intrauterine Device
    • Condom

Gender

  • Male
  • Female

Price Range

  • High Range
  • Low / Economy Range

Sales Channel

  • Wholesaler/ Distributor
  • Hypermarket/ Supermarket
  • Specialty Stores
  • Drug & Pharma Stores
  • Convenience Stores
  • Online
  • Others (hospitals, clinics etc.)

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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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Global Wedge Wire Screen Market is Projected to Surpass US$ 1.05 Billion from 2022 to 2032: Analysis of Growth Drivers and Opportunities

The global Wedge Wire Screen market was worth US$ 0.68 billion in 2021 and is expected to grow at a 4% CAGR to US$ 0.71 billion in 2022. Because of its high strength, rigidity, and weight carrying capacity, the wedge wire screen market is expected to grow in the coming years.

The entire structure is then compressed and secured by installing ring nuts over the rod ends. Wedge Wire Screens can separate solids from liquids and are commonly used for sizing, filtering, media retention, de-watering, distribution, and collection.

Wedge wire screens are most commonly found in the chemical, mining, gas and oil, and paper industries. Wedge wire screens have a larger drainage area, resulting in a better flow of water, and are relatively strong and durable. They are typically made of stainless steel and are primarily used in end-use sectors for separation, filtration, and retention media.

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Wedge Wire Screens can be made in various different configurations and are available in cylindrical, flat or curved shapes. The wires can be located axially inside the cylinder. The dimension of the cylinders can vary from 1/2″ – 36″, depending on the needs of the individual customer. Customized wedge wire screens with large diameters can also be manufactured for individual needs.

Wedge Wire Screen Market: Dynamics

Increase in demand from end-user sectors, such as petro chemicals, food industries and water treatment, will drive the demand for wedge wire screens during the forecast period.

Moreover, wedge wire screens act as a perfect tool for drilling boreholes. These screens can handle all kinds of pressure and facilitate easy flow of liquids. Also, different industries have different requirements for panel screens.

Therefore, all of these factors will drive the demand for wedge wire screens during the forecast period.

Wedge Wire Screen Market: Market Participants

Examples of some of the market participants/vendors identified across the value chain of the Wedge Wire Screen market are AMACS, Ando Screen, ANDRITZ Euroslot, Aqseptence Group, Atlas Wedge Wire, B. Deo-Volente, Carbis Filtration, Concord Screen, Costacurta S.p.A., CP Screens, Gap Technology, HEIN, LEHMANN, Hendrick Screen Company, International Screen Supplies, Jagtap Engineering, Multotec, Optima International, Progress Eco, Steinhaus GmbH, TOYO SCREEN KOGYO CO, Trislot NV and Wedge Tech.

The Hydrodesulfurization Catalyst market 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.

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Key Segments Covered in the Wedge Wire Screen Industry Survey

Wedge Wire Screen by Type:

  • Baskets wedge wire screens
  • Flat wedge wire screens
  • Sieve Bend Screen wedge wire screens
  • Cylinder wedge wire screens

Wedge Wire Screen by Application:

  • Food & Beverages wedge wire screen
  • Chemical and Petroleum
  • Water Treatment
  • Pulp and Paper
  • Mining and Mineral
  • Others

Wedge Wire Screen by Geography:

  • North America Wedge Wire Screen Market
  • Europe Wedge Wire Screen Market
  • Asia-Pacific Wedge Wire Screen Market
  • The Middle East & Africa Wedge Wire Screen Market
  • Latin America Wedge Wire Screen Market

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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 favour 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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ESD Safe Matting Market is Expected to Reach a Strong Valuation of US$ 147.71 Million from 2022 to 2032, Get Insights FMI

The global market for ESD safe matting is anticipated to be worth US$ 101.72 million in 2022, rising to US$ 147.71 million by 2032. During the projected period of 2022 to 2032, the market is expected to grow at a CAGR of 3.8 percent. The increasing use of ESD-Safe Mat in industries such as table, bench, monitor, and floor is moving the global ESD-safe mat market forward.

Several electronic assemblies and components used in high technology products can get degraded or damaged by the sudden exchange of static electrical charge. Hence, ESD safe matting is used to protect equipment or employees from electrostatic shocks that are likely to cause injury or damage.

ESD safe matting is used by people who work with Electrostatic Discharge (ESD)-sensitive electrical components such as backplanes, Printed Circuits Boards (PCBs) and motherboards. ESD safe matting helps create an ESD Protected Area (EPA).

Most of the units that manufacture electronic components as well as data centres that house mainframe supercomputers need to be very cautious when it comes to controlling their electrostatic discharge, as it can cause temporary or permanent damage. Not only the electronic components, but also the employees working at these places need to be protected from static discharge. Moreover, flammable materials, such as gases or chemicals, are likely to burn upon direct contact with electric sparks, which can be prevented with the usage of ESD safe matting.

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ESD Safe Matting Market: Related Standards

The ESD safe mats should comply with standards such as ESD Standard 20.20, ESD Standard 4.1, EIA 625, MILl-HDBK-263 and MIL-STD-1686. Moreover, the material used in ESD safe matting should comply with International ESD standards, such as IEC 61340-5-1, for the protection of electrostatic sensitive devices.

ESD Safe Matting Market: The increasing importance of self-protection at workplaces is expected to boost the demand for ESD safe matting

Increase in the demand for self-protection at workstations, coupled with an increase in the demand from the end-use sector, is expected to spur the demand for the ESD safe matting market. In addition, the demand for entry matts market has risen significantly owing to its wide adoption by end users for different applications. Manufactures can very simply customise the size and shape of mats, and provide additional features to consumers as per their requirements.

ESD Safe Matting Market: Trend

The demand for products that offer protection against ESD will continue to grow across the world. With persistent demand from electronics sector, the size of the ESD products market, which include ESD safe matting, is expected to witness significant growth. Moreover, the increasing usage of nano-materials is also expected to boost the ESD products market, in addition to the growing electronics business across the world. To keep pace with international standards and trends, the ESD products available in various countries are undergoing major upgradation.

Furthermore, companies engaged in the business of ESD safe matting are launching new products to sustain their share in the ESD safe matting market. For instance, Nortax launched the SkyStep ESD safe matting, which is available in a choice of compounds for certain industrial applications such as oil-proof, general-purpose or ESD-static dissipative. Similarly, a new type of wrist strap cum double footwear testers have been launched for testing the strength of the ESD footwear and wrist strap. Moreover, companies are producing customised ESD safe matting to fulfil the requirements of customers. With the emergence of new technologies, the manufacturers of entrance matting are focusing on more advanced methods to make entrance matting more innovative with various sizes and designs.

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ESD Safe Matting Market: Market Participants

Examples of some of the market participants/vendors identified in the ESD safe matting market across the globe are:

  • ACL Staticide Inc., RS Pro, Shanghai Jiafu New Material Technology, Superior Manufacturing Group, Hozan, , Bertech, Achilles Industrial Materials, Hakko, Ranco Industries, Zhejiang CONCO AntiStatic, SDM Technologies, COBA Europe, Henyer Rubber, Desco (SCS) and Cleansem.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaustive analysis on:

  • Market Segments of ESD Safe Matting
  • Market Dynamics of ESD Safe Matting
  • Market Size of ESD Safe Matting
  • Supply & Demand of ESD Safe Matting
  • Current Trends/Issues/Challenges of ESD Safe Matting
  • Competition & Companies involved of ESD Safe Matting
  • Technology of ESD Safe Matting
  • Value Chain of ESD Safe Matting

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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Key Segments Profiled in the Global ESD safe matting market

ESD Safe Matting Market by Application:

  • Table ESD Safe Matting
  • Bench ESD Safe Matting
  • Floor ESD Safe Matting
  • Monitor ESD Safe Matting
  • Others ESD Safe Matting

ESD Safe Matting Market by Type:

  • Vinyl ESD Safe Matting
  • Rubber ESD Safe Matting
  • PVC ESD Safe Matting
  • Others

ESD Safe Matting Market by Region:

  • ESD Safe Matting Market in North America
  • ESD Safe Matting Market in Latin America
  • ESD Safe Matting Market in Europe
  • ESD Safe Matting Market in Asia Pacific
  • ESD Safe Matting Market in MEA

About Us

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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 favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
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Lightning Arrester Market is Projected to Exhibit a Strong 6.5% CAGR during Forecast 2022 to 2032 | FMI Study

According to Future Market Insights (FMI), the lightning arrester market is expected to grow at a CAGR of 6.5% from 2022 to 2032, reaching a valuation of US$ 1,466.7 Million by the end of 2032. Increasing emphasis on electrical equipment safety in the home, as well as other applications such as infrastructure, power plants, and others, will play a key role in driving the lightning arrester market during the forecast period.

Stringent regulatory environment coupled with rising power demand of skyscraper have led to a increased in lightning arrester sales. A lightning arrester is a device that is installed on the electrical system of a building to protect it from damage caused by lightning. The arrestor dissipates the energy of the lightning strike, preventing it from entering the building and causing a fire or electrical shock.

Rising electricity demand, combined with growing focus on boosting renewable energy installed capacity, is driving utilities to invest in electricity transmission and distribution networks. Owing to which the lighting arrester market is anticipated to gain momentum, as lighting arresters are used as protective equipment in electrical systems.

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Countries such as the U.S., China, India, Indonesia, Malaysia, etc. are prone to lightning strikes. Further, according to a study from the National Lightning Safety Institute, there has been a significant increase in lightning-related incidents over the past decade, with more than $2 billion in property damage reported each year. While traditional lightning rods are still the most prevalent kind of protection, lightning arresters are becoming a more popular option since they can protect a larger area for a lower cost.

Key Takeaways from Market Study

  • By rating type, above 110 KV sales are expected to remain dominant during the forecast period and will account for more than 40% by 2032.
  • By product type, the valve type lightning arrester segment is anticipated to grow with a CAGR of 7.7% through the forecast period.
  • By end Use, the power Industry segment is projected to lead the lightning arrester market and is further anticipated to create an absolute dollar opportunity worth US$ 145.9 Mn by 2032.
  • In terms of region, lightning arrester sales in South Asia & Pacific are estimated to increase at a CAGR of 7.2%.

“Increasing lighting strokes incidents coupled with growing awareness regarding electrical equipment safety will boost the sales of lightning arresters in the forecast period.” says a Future Market Insights analyst.

Lightning Arrester Market Competitive Landscape

Among the industry’s key players are Eaton, ABB, Hubbell, GE Grid, Schneider Electric SE, TE Connectivity, Toshiba, and others

The lighting arreter market is moderately consolidated, with leading players accounting for more than 40% of the market share. These players are likely to invest in new technology developments, expansion of their distribution networks, and tie-ups with prominent end-users to maintain their market presence.

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Key Segments Covered In Lightning Arrester Industry Analysis

By Rating:

  • Below 35 KV
  • 35-110 KV
  • Above 110 KV

By Product Type:

  • Rod gap arrester
  • Horn gap arrester
  • Multi gap arrester
  • Expulsion type lightning arrester
  • Valve type lightning arrester
  • Metal oxide varistor lightning arrester
  • Others

By End Use:

  • Infrastructure
  • Power Industry
  • Industrial
  • Municipal
  • Residential

By Region:

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

About Us

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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 favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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Connected Drug Delivery Devices Market is expected to reach US$ 1.6 Billion by 2028 | FMI

[Report of 228 Pages] The market for connected drug delivery devices was valued at US$ 330 million in 2021 and is projected to grow at a remarkable CAGR of 23.6% to reach US$ 1.6 billion by 2028.

According to the analyst of Future Market Insights (FMI), the leading manufacturers of connected drug delivery devices are focusing on collaboration with the software companies to assess the cloud data system in their devices.

Moreover, it helps the manufacturer to launch the product more conveniently and to enhance their distribution channel. Manufacturers of inhalers to treat asthma and chronic lung disease are racing to develop a new generation of smart devices with sensors to monitor if patients are using their puffers properly.

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The companies operating in the global connected drug delivery devices market are OPKO Health Inc., Bayer AG, 3M Company, West Pharmaceutical Services, Inc., and Teva Pharmaceutical Industries Ltd., among others.

Rapidly evolving technologies, for instance, cloud-based computing models, are enabling the healthcare industry towards a transition to a new architecture.

Cloud technology along with advances in mobility and telepresence solutions is expected to create new unwired business models capable of providing healthcare anywhere.

The use of cloud technology will increase, aided by the proliferation of mobile health applications to collect and send vital signs from wireless and wired remote patient and personal health monitoring devices. Cloud-based platforms and new IT service models will fundamentally change the healthcare business equations and create opportunities for new players to enter the industry.

Growing Demand for Injectable Drug Delivery to Aid Market Growth

The rising preference for injectable drug delivery is anticipated to drive the market for sterile drugs globally. Self-administration of drugs through usage of pre-filled syringes is one of the ways that can help patients to save the fees given to a caregiver. There is an increased demand for large molecule drugs in pre-filled syringes as compared to small molecule drugs in pre-filled syringes

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Following this opportunity, the manufacturers are expected to cash in on profits through introduction of smart injectable drug delivery mediums among their portfolio. The progress is expected to be more prominent in the allergic reactions (Anaphylaxis) indication segment. Further, an upsurge in the number of large molecule drugs that need to be manufactured in injectable format is expected to fuel the growth of the market. Likewise, data generated by bioavailability studies is proving to present a definitive relation between pharmacodynamics and pharmacokinetics for such sterile drugs, which is also expected to offer support to the growth of the market.

Mobile applications are also being used for the treatment of patients suffering from Alzheimer, Diabetes, COPD or Asthma. Mobile applications with the use of GPS help to track the patient location. If the patient is travelling away from the home, the caretaker can track the exact location of the patient and also track the consumption of dosage by using mobile application. Most of these applications have been developed for the cloud. Placing the wireless solution on a cloud storage system helps with connectivity issues and makes it easier to communicate across different information regimes.

Limited Knowledge and Adoption Rate among Patients to Hinder Growth Rate

The deployment of connected drug delivery devices is not yet widely promoted within the public health system. This is attributed to the high cost of the product, limited reimbursement, and dearth of awareness among the patients regarding the technology. Moreover, complexity and limited availability of the device further reduces penetration. For instance, interpretation of insulin delivery trend for analysis, is considered to be useful however, because of the complicated user interface, the patients cannot interpret them smoothly. As per the current scenario, such obstacles might directly have an adverse effect on the overall growth of the connected drug delivery devices market.

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Key Segments of Connected Drug Delivery Devices Industry Survey Connected Drug Delivery Devices Market by Product Type:

  • Inhalation Devices
  • Injectable Devices
    • Handheld Injectable Devices
    • Wearable Injectable Devices

Connected Drug Delivery Devices Market by End User:

  • Hospitals
  • Clinics
  • Home Care

Connected Drug Delivery Devices Market by Application:

  • Anaphylaxis
  • Cardiovascular
  • Diabetes
  • Hormone Replacement
  • Others

Connected Drug Delivery Devices Market by Technology:

  • Bluetooth Drug Delivery Devices
  • Near Field Communication Drug Delivery Devices

Connected Drug Delivery Devices Market by Region:

  • North America Connected Drug Delivery Devices Market
  • Latin America Connected Drug Delivery Devices Market
  • Europe Connected Drug Delivery Devices Market
  • East Asia Connected Drug Delivery Devices Market
  • South Asia & Pacific Connected Drug Delivery Devices Market
  • Middle East & Africa (MEA) Connected Drug Delivery Devices Market

About FMI:

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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.

Contact Us:

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Dermal Fillers Market is projected to exhibit 7.5% CAGR between 2023 and 2033 | Exclusive Report by FMI

[Report of 250 Pages] The dermal fillers market size was valued at US$ 5.05 Bn in 2021. The market is projected to grow from US$ 5.2 Bn in 2022 to US$ 6.72 Bn by 2031, growing at a CAGR of 2.9% during the forecast period.

The market for dermal fillers is anticipated to grow at a 7.5% CAGR between 2023 and 2033. They are employed to rejuvenate various facial regions linked to various functions. The market is expanding as a result of the rising demand for facelifts and face-line corrections in various emerging nations.

The rapid rise in demand for cosmetic aesthetics is one of the most important key factors influencing the expansion of the worldwide market. For a young appearance and healthy visage, people have recently sought out simpler and more painless treatments. Since invasive cosmetic procedures can have a lot of dangers and also need the patient to spend extra time to recuperate from the procedure. In the United States, there were over 13.2 million cosmetic operations performed in 2020, of which 3.4 million used soft tissue fillers, according to a study. Such compelling data further demonstrates the sharp rise in demand for cosmetic operations.

The manufacturers of dermal fillers have benefited from the growth in demand for cosmetic operations. To fulfill the rising need for medical aesthetics, several aesthetics-related businesses are introducing more and more goods. These treatments are anticipated to increase the number of procedures performed as disposable income grows across the world, particularly in emerging nations. Additionally, the last taboos linked with cosmetic treatments have been greatly diminished by the growing understanding of filler procedures. The adoption of these items is anticipated to be strongly influenced by such changes in attitudes.

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Numerous businesses that produce face injectables have made significant R&D investments in response to these encouraging market growth patterns. A substantial number of items with noticeably better aesthetic results have been developed as a result of these R&D endeavors. Such product introductions are also predicted to significantly contribute to market growth throughout the forecast period. As a result, increased demand for cosmetic operations, combined with new product releases with a diverse range of uses, will drive the global dermal fillers market growth over the projected period.

Despite the wide range of aesthetic applications, some limiting factors are expected to impede worldwide market growth throughout the projection period. The high cost of these items is one of the primary factors leading to the worldwide market’s reduction in growth.

Key Takeaways from the Dermal Fillers Market:

  • Between 2021 and 2031, the U.S. total healthcare spending is projected to rise at a rate of 5.4%, exceeding the GDP by 4.3%.
  • The market for hyaluronic acid is anticipated to be worth US$ 4,774.1 Mn, increasing at a CAGR of 3.0% during the forecast period.
  • In the market, pharmacies at hospitals and clinics are more often used as distribution channels. According to FMI’s prediction, this market will continue to account for more than half of all dermal filler sales ever registered.
  • Due to the widespread use of dermal fillers in cosmetic reconstructive procedures and their long-term effectiveness, the aesthetic reconstructive application obtained a significant market share.
  • The market in Brazil is primarily driven by elements including rising lifestyle-related demands, more self-grooming knowledge, a high preference for minimally invasive operations over traditional procedures, and technical developments in the market for minimally invasive dermal fillers.
  • Growth in the German dermal fillers market is due to the introduction of new products and increased distribution.
  • During the anticipated period, the absorbable dermal fillers segment is likely to hold a substantial market share.

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What is the Competition Outlook for Dermal Fillers Market?

The market’s competitive landscape is diversified, with organizations ranging from major, established competitors to small, rising players. In the current market context, ALLERGAN (AbbVie, Inc.) leads, accounting for a significant percentage of worldwide market revenue. Some businesses are concentrating on innovations and USFDA approvals to boost dermal filler market sales globally. As they wait for permission from international authorities, major players are concentrating on acquisitions and growing their global footprint.

Major companies in the dermal fillers market are Galderma Pharma S.A, Sinclair Pharma plc, Zimmer Biomet Holdings, Allergan plc, Anika Therapeutics Inc., Merz Pharma GmbH & Co. KGaA, Suneva Medical Inc., Teoxane Laboratories Inc., Prollenium Medical Technologies Inc., Laboratoires Vivacy SAS, Fidia Pharma USA Inc., among others.

  • Arthrosurface, a supplier of joint surface and preservation solutions for an active patient to maintain its dominant position in the aesthetic market, was purchased by Anika Therapeutics in January 2020, and Parcus Medical by Anika Therapeutics in May 2020.
  • To influence the direction of the regenerative aesthetics industry and increase the sales of aesthetic products, Suneva Medical struck cooperation agreements with Healeon Medical and Bimini Technologies in January 2019.

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Key Segments

Product:

  • Absorbable
  • Non-Absorbable

Ingredient:

  • Hyaluronic Acid
  • Poly-L-Lactic Acid
  • Calcium Hydroxylapatite
  • Polymethyl methacrylate
  • Collagen

Application:

  • Aesthetic Restoration
  • Dentistry
  • Reconstructive Surgery

Distribution Channel:

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

Explore Other Reports Links From Healthcare Market:

Digital Patient Monitoring Systems Market is estimated at US$ 96.4 Bn in 2022 and is projected to reach a valuation of US$ 470 Bn by 2032, expanding at a CAGR of 17.2% through the forecast period of 2022-2032

Women Digital Health Solutions Market is estimated at US$ 2.3 Bn in 2022 and is projected to reach a valuation of US$ 20.1 Bn by 2032, expanding at a CAGR of 24.2% through the forecast period of 2022-2032

Zirconia Based Dental Ceramics Market is expected to be the highest revenue generating category, projected to register an absolute dollar opportunity of US$222 Mn during 2022 – 2032

About FMI:

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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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High Performance Message Infrastructure Market to Achieve a High CAGR Of 14.4% from 2022 to 2029 | FMI

A new research report by Future Market Insights on the high performance message infrastructure market provides significant insights, which consist of the global industry analysis 2014 to 2021 and forecast from 2022 to 2029. According to the market research report, the overall market is projected to expand at a prolific CAGR of 14.4% between 2022 and 2029, surpassing a valuation of US$ 3.37 Billion by 2029.

Furthermore, the global high performance message infrastructure market is anticipated to experience notable growth during the forecast period, due to various driving factors, such as growth in the cloud computing industry, increasing IT infrastructure investment, and rising demand for Big Data and Software Development and Information Technology Operations (DevOps).

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“The Best Report Benzinga Has Ever Produced”

Primary trends in the global high-performance message infrastructure marketplace include inclination towards interconnectivity between applications, sites, partners, providers, employees, customers, all devices.

Adoption of Integration Platform-as-a-Service (iPaaS) and event-driven architecture continues to broaden in developing and developed countries all over the world. It is expected that various opportunities will be found for key players in the high performance message infrastructure market over the forecasted period.

According to Future Market Insights’ report, the Big Data use case is anticipated to generate an incremental opportunity of ~US$ 520 Million for the high performance message infrastructure market during the forecast period of 2019-2029.

Moreover, the event-driven architecture segment is likely to experience high growth rates during the forecast period, owing to growing demand for packaged applications and IT services.

Furthermore, the world is witnessing a significant rise in search-based analysis, predictive model markup language, and text & entity analysis, which, subsequently, is initiating potential growth opportunities for the high performance message infrastructure market.

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Key Players Focus on Expanding their Business in APAC

Leading players in the high performance message infrastructure market are focusing on extending their businesses across Asian Pacific countries such as India and China. Increasing investment in digitalization infrastructure by the governments attracts various high performance message infrastructure providers to extend their business in these countries.

Moreover, the healthy economic growth of countries in the region, together with the continuous adoption of advanced technology, including the Internet of Things (IoT), Platform-as-a-Service (PaaS), are creating substantial growth opportunities for the high performance message infrastructure market.

For instance, in August 2019, The Apache Software foundation organized Hadoop community meet up at Beijing, China, with 200 spots available for registration to attend this meet up in person. Participants introduces recent trends in the storage field, such as better scalability and moving towards cloud in the Asia Pacific region.

For instance, in June 2019, TWILIO INC. announced its expansion in the Japanese market. The company also announced new partnerships with seven regional consulting partners.

Cloud-integrated Solutions Playing an Essential Role in Market Growth

There are increasing scope of applications related to software-as-a-service (SaaS) or cloud-based data storage. Such factors have promoted the high performance message infrastructure market players to adopt expansion and product differentiation strategies to gain a distinct competitive edge as well as enhance their market presence, catering to each specific end-use industry.

For this, high performance message infrastructure providers are frequently increasing their investments on product developments and research & development activities to enhance their product offering awareness to the end-user industries.

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High Performance Message Infrastructure Market By Category

Component:

  • Hardware
  • Middleware
  • Managed Services

Use Case:

  • Hybrid Cloud
  • Internet of Things (IoT)
  • Integration Platform-as-a-Service(iPaaS)
  • Platform-as-a-Service (PaaS)
  • Application Programming Interfaces (APIs) & Protocols
  • Software Development and Information Technology Operations (DevOps)
  • Big Data
  • Event-Driven Architecture
  • Other Use Cases

Industry:

  • Energy
  • BFSI
  • Government
  • Manufacturing
  • Retail
  • Transport & Logistics
  • Telecommunication
  • Other Industries

Region:

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

About Us

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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 7-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Solar Inverter Market Poised for Robust Growth with Impressive 6% CAGR from 2022 to 2032 | Get Customized Reports

The global Solar Inverter Market is expected to be worth US$ 11 billion in 2022. Market sales are expected to grow at a 6% CAGR over the forecast period. Market growth will be driven by the increasing use of solar panels and renewable energy. Solar inverters’ widespread use in residential, commercial, industrial, and utility applications will continue to drive market sales.

In recent years, manufacturers have expanded their product lines in response to new technological developments in inverter technology. Because they are the primary source of solar energy in photovoltaic systems, solar inverters have the potential to reduce global warming and greenhouse gas emissions.

“Increasing awareness of energy-efficient household equipment, as well as rigorous rules pertaining to carbon emissions and energy consumption, will increase sales of solar inverters,” an FMI analyst predicts.

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Key Takeaways:

  • Based on product type, demand in the central inverters segment will create an absolute dollar opportunity of more than US$ 6.4 Billion over the forecast period.
  • By end-use, the residential segment is forecast to create an absolute dollar opportunity of US$ 4.1 Billion over the assessment period.
  • Total sales in the U.S. market are expected to increase at a 5.2% CAGR through 2032.
  • Japan will emerge as a lucrative pocket, with demand growing at a 6% CAGR over the forecast period.
  • The India solar invertor market will expand at a 7% CAGR through 2032, surpassing a valuation of US$ 827.2 Million.

Micro inverters are gaining popularity due to heavy usage in most of the applications. Microinverters work in the same way as string inverters, except they are put beneath each solar panel on your roof.

Competitive Landscape

The solar invertor market is consolidated with leading players holding around 80%-85% of the total market share. These players are likely to invest in new technology development and expansion of their distribution networks to maintain their market presence.

Some of the key players in this industry include

  • Siemens AG
  • Fimer Group
  • SMA Solar Technology AG
  • Delta Electronics Inc
  • SunPower Corporation
  • Omron Corporation
  • Eaton
  • Emerson Electric Co.
  • ABB Ltd
  • Mitsubishi Electric Corporation
  • Schneider Electric SE

Each of these microinverters is roughly the size of a router. New electrical rules demand quick solar system shutdown to protect first responders and firemen from excessive voltage when on roofs or maintaining power lines. Microinverters meet these requirements for quick shutdown and have this capacity built into each module.

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Global Solar Inverter Market by Category

By Type:

  • Central Inverter
  • Micro-Inverter
  • String Inverter

By System Type:

  • Off Grid
  • On Grid

By Phase:

  • Single Phase
  • Three Phase

By End-Use:

  • Residential
  • Commercial and Industrial
  • Utilities

By Region:

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

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Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

  1. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product USPs / Features

4.3. Strategic Promotional Strategies

  1. Global Market Demand Analysis 2017–2020 and Forecast, 2021–2031

5.1. Historical Market Volume (Units) Analysis, 2017–2020

5.2. Current and Future Market Volume (Units) Projections, 2021–2031

5.3. Y-o-Y Growth Trend Analysis

About Us

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.

Contact:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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EMC Shielding and Test Equipment Market is Expected to Reach a Strong Valuation of US$ 11 Billion by the end of 2032 | Study by FMI

The EMC shielding and test equipment market will be worth US$ 11 billion in 2032, up from US$ 7.1 billion in 2022, according to Future Market Insights (FMI). Over the forecast period, it is expected to grow at a healthy 4.5% CAGR.

Because of the increased use of consumer communication devices, frequency wave interferences, also known as electromagnetic pollution, have increased all over the world. In highly sensitive workplaces, EMC shielding applications are used to eliminate such unwanted disruptions over devices connected to broadband networks.

One of the major reasons for the current increase in the use of various EMC shielding types is the high cost of electromagnetic interferences. In the current market, EMC testing equipment has emerged as an affordable option for determining the level of interference of electromagnetic waves present in any location in order to provide proper device management.

With the arrival of the fourth industrial revolution, nearly all industrial activities are being rapidly digitised through the use of computers and smart devices.

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EMC shielding materials have become increasingly important for the proper operation of such devices in recent years. In the coming decade, the global EMC shielding and test equipment market share is expected to be driven by the industrialization of developing economies.

Leading Companies Profiled in EMC Shielding and Test Equipment Market are:

  • PARKER-HANNIFIN
  • PPG INDUSTRIES
  • HENKEL
  • LAIRD PERFORMANCE MATERIALS
  • RTP COMPANY

“Growth of the consumer electronics sector in China and Japan have turned them into an attractive market for EMC shielding solutions. The global EMC shielding and test equipment market is expected to proliferate with the establishment of new product manufacturers and service providers in the Asia Pacific Region.”

However, the provision of EMC shielding types at various locations incurs a very high cost of installation and operation. This can be a major factor hampering the wider adoption of EMC shielding and test equipment in various areas with good opportunities.

Key Takeaways

  • The global EMC shielding market is poised to experience an absolute growth of US$ 3.9 Bn between the years 2022 to 2032. The present value of the global EMC shielding and test equipment market is estimated to be around US$ 7.1 Bn, with a predicted growth rate of 4.5%.
  • The EMC shielding type dominates over the EMC testing equipment segment in terms of revenue generated globally. This segment is anticipated to witness a CAGR of 4.4% during the forecast period.
  • Among the various end-use verticals of the EMC shielding and test equipment market, the consumer electronics segment is the top contributing category to the growth of the global market. The growth rate analyzed for this segment is around 3.9% for the forecasted years.
  • United States (US) is the leading country in the use of EMC shielding techniques, with a dominant market share valued at US$ 2.4 Bn in 2021. The CAGR recorded for the American EMC shielding and test equipment market is nearly 4%, as per the market analysis report.

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Key Segments

By Type:

  • EMC Shielding
  • EMC Type

By Vertical:

  • Consumer Electronics
  • Telecom & IT
  • Automotive, Healthcare
  • Aerospace, Others

By Application:

  • Consumer Appliances and Electronics
  • Automotive
  • Military and Aerospace
  • IT and Telecommunication
  • Medical
  • Railways
  • Renewable Energy
  • Industrial

By Region:

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

About Us

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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 favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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