Audio Power Amplifier IC Market is Advancing at a CAGR of 7% from 2022 to 2032 | Future Market Insights, Inc.

The global audio power amplifiers IC market is anticipated to grow at a CAGR of 7% from 2022 to 2032, reaching an estimated value of US$ 2,703 Million, up from US$ 1,374 Million in 2022.

The development of cost-effective, energy-efficient, and small devices for residential and commercial use is credited with driving the growth of the audio power amplifier IC industry. However, technological flaws and problems with audio device integration, together with the demand for audio system on chip (SoC), are significant bottlenecks for the worldwide audio IC market.

Audio power amplifier IC is an electronics amplifier which is adopted by most of the enterprises. This amplifier ICs are used for strengthening low power signal such as inaudible electronics signal to a certain level which is required for driving loudspeaker.

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Audio power amplifier IC has wide range of features to support various application and it also helps to improve system performance. The 8 pin DIP package of low voltage audio power amplifier is widely used for implementing electronics system. The audio power amplifier IC can be used in several applications such as home automation and consumer electronics products.

Audio Power Amplifier IC Market: Drivers and Challenges 

The major factor driving the demand of audio power amplifier IC is rise in demand of different types of IC packages such as dual-in-line package (DIP). Audio amplifier IC packages has several uses as per the requirement such as specific IC is chosen to improve overall efficiency of the system.

This audio amplifier ICs minimizes  the usage of heat sink as these ICs dissipates less amount of power because of this IC’s are adopted  widely by several organizations  Moreover, high efficiency and improved performance is also turning to be another factor which is responsible driving the growth of audio power amplifier IC market in positive manner.

The major challenges faced by the audio power amplifier IC market is owing to their distortion and cost as per the type of amplifier.

Audio Power Amplifier IC Market: Key Players 

Some of the key players of audio power amplifier IC market are: Texas instruments, Future Electronics, EDGEFX.in kits and solutions, AspenCore Inc., Maxim Integrated, Jameco, STMicroelectronics, Analog Devices Inc., On Semiconductor Corp., and NXP semiconductors.

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Audio Power Amplifier IC Market: Regional Overview 

On the basis of geography, audio power amplifier IC market can be segmented into seven key regions namely North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and Middle East & Africa.

Among various regions, the audio power amplifier IC market in APAC is expected to dominate during the forecast period owing to adoption of audio power amplifier IC by several industries for implementing products of automobile and healthcare industry. Asia Pacific region is expected to be followed by North America and Western Europe.

In North America and Europe region, the market of audio power amplifier IC is significantly growing owing to the presence of small and large IC manufacturers present in this region.

The report covers exhaustive analysis on 

  • Audio Power Amplifier IC Market Segments
  • Audio Power Amplifier IC Market Dynamics
  • Historical Actual Market Size, 2012 – 2016
  • Audio Power Amplifier IC Market Size & Forecast 2017 To 2027
  • Supply & Demand Value Chain
  • Audio Power Amplifier IC Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Audio Power Amplifier IC Value Chain
  • Audio Power Amplifier IC Market Drivers and Restraints

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Key Segments Profiled In The Audio Power Amplifier IC Market Survey

By Type:

  • Class A
  • Class B
  • Class C
  • Class AB
  • Class D

By Application:

  • Home Audio System
  • Public Address System
  • Portable Consumer Products

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

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 10-years.

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Keloid Treatment Market is set to grow at 3.2% CAGR between 2022 and 2032 | Says Future Market Insights

[Report of 250 Pages] The size of the global keloid treatment market was US$ 3.6 billion in 2021, and by the end of 2022, it is anticipated to be worth US$ 3.7 billion. Additionally, due to the increasing prevalence of keloid around the world, the market for keloid treatment is expected to reach a value of US$ 5.1 Billion by 2032, growing at a CAGR of 3.2% from 2022 to 2032.

According to the latest market report published by Future Market Insights titled‘Keloid Treatment Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027),’the global keloid treatment market is estimated to be worth US$ 3,145.8 Mn by 2017 end, and is expected to expand at a CAGR of 3.4% over the forecast period of 2017–2027 to reach a market valuation of US$ 4,414.6 Mn by the end of 2027.

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Global Keloid Treatment Market: Dynamics

The global keloid treatment market growth is substantially driven by the rising prevalence of keloid scars as well as the development of multiple keloids. A growing consciousness among patients regarding their appearance is also driving the market of keloid treatment as keloid scars on the exposed body parts leads to ugly appearances. Other factors that are driving the growth in the keloid treatment market include increasing reimbursement for keloid therapies, formalisation of standard treatment guidelines for keloid and increasing use of combination therapies. Clinics and hospitals are focussing on the adoption of advanced therapy options. CryoShape is used to reduce the impact of keloid scar and recurrence rate. Sensus Healthcare has developed an advanced superficial radiation therapy device to impart better treatment with limited adverse reactions.

Global Keloid Treatment Market: Segmental Forecast

The global keloid treatment market is segmented based on treatment type, end user and region. On the basis of treatment type, the market has been segmented intoocclusive dressing, compression therapy, cryosurgery, excision, radiation therapy, laser therapy, interferon therapy, intralesional corticosteroid injection and others. Other treatment options include dermal fillers, topical creams, 5-fluorouracil, retinoic acid and imiquimod. Intralesional corticosteroid injection treatment segment dominates the global keloid treatment market as this procedure is considered the gold standard and is being used in combination with other therapies. Intralesional corticosteroid injection is expected to be the second most lucrative segment by treatment type, with a market attractiveness index of 2.1 during the forecast period.

Based on end user, the global keloid treatment market is segmented into hospitals, dermatology clinics, ambulatory surgical centres and others. Thehospitals segment is expected to remain dominant, as most of the radiation therapies and excision procedures are performed in hospitals. Hospitals is the largest segment by end user, which is estimated to represent US$ 1,164.7 Mn, or 37.0% share of the total market in 2017 and is projected to reach a market valuation of US$ 1,643.8 Mn, or 37.2% share of the total market by the end of 2027, expanding at a CAGR of 3.5% in terms of value.

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Global Keloid Treatment Market: Regional Analysis

On the basis of region, the global keloid treatment market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan and the Middle East & Africa.

North America dominated the global keloid treatment market in 2016 and is expected to continue to dominate the global market throughout the forecast period. North America is the largest region in keloid treatment market, which is estimated to represent US$ 1,105.6 Mn, or 35.1% share of the total market in 2017 and is projected to reach a market valuation of US$ 1,549.6 Mn, or 35.1% of the total market by the end of 2027, expanding at CAGR of 3.4% in terms of value. Clinics in North America are opting advanced treatment therapies that can aid in reduced risk of recurrence.

Global Keloid Treatment Market: Vendor Analysis

Leading players in the global keloid treatment market are launching new portable and mobile radiation therapy devices and are offering better treatment options to patients. Companies are targeting dermatology clinics to market their devices, where patients are provided the first line of treatment for keloid. Some of the players operating in the global keloid treatment market who have been profiled in the report include Novartis AG, Sensus Healthcare, RXi Pharmaceuticals, Inc., Sonoma Pharmaceuticals, Inc., Perrigo Company plc, Bristol-Myers Squibb Company, Pacific World Corporation, Valeant Pharmaceuticals International, Inc., Revitol Corporation and Avita Medical Limited.

Market segmentationThe global keloid treatment market is segmented as follows:

  • Keloid treatment market, by treatment type
  • Keloid treatment market, by end user
  • Keloid treatment market, by region

The keloid treatment market report begins with an overview of keloid treatment and key market definitions. This section also underlines factors influencing revenue growth of the global keloid treatment market along with a detailing of the key trends, drivers, restraints, and opportunities. The next section of the report analyses the market based on treatment type and presents the forecast in terms of value for the next 10 years. Treatment types covered in the report include:

  • Occlusive Dressing
  • Compression Therapy
  • Cryosurgery
  • Excision
  • Radiation Therapy
  • Laser Therapy
  • Interferon Therapy
  • Intralesional Corticosteroid Injection
  • Others

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The subsequent section covers the market analysis based on end user and presents the forecast in terms of value for the next 10 years. End users considered in the report include:

  • Hospitals
  • Dermatology Clinics
  • Ambulatory Surgical Centres
  • Others

The next section of the report highlights the growth trends of the keloid treatment market across various regions, providing a market outlook for 2017–2027 and setting the forecast within the context of the keloid treatment market. The study discusses key regional trends contributing to the growth of the keloid treatment market worldwide, as well as analyses the extent to which drivers are influencing this market in each region. Key regions assessed in this report include North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East & Africa.

Explore Wide-ranging Coverage of FMI’s Healthcare Landscape:

Empty Capsules Market : The global sales of empty capsules are anticipated to reach US$ 2.3 Billion in 2023. The market is further expected to increase at 7.9% CAGR during the forecast period, totaling a valuation of US$ 4.9 Billion by 2033.

Dermal Fillers Market : Dermal Fillers Market is projected to exhibit 7.5% CAGR between 2023 and 2033. They are used to rejuvenate different facial areas associated with various functionalities. The rising demand for facelift or face line corrections in various emerging countries is enabling the market growth.

Connected Drug Delivery Devices Market: The global Connected Drug Delivery Devices Market size was estimated at US$ 330 Mn in 2021, and is expected to reach US$ 1.6 Bn by 2028, expanding at a stellar CAGR of 23.6%.

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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Multiplex Biomarker Imaging Market is expected to reach US$ 1,041.7 Million by 2029 | FMI

[Report of 280 Pages] The global Multiplex Biomarker Imaging Market was valued at US$ 422.1 Mn in 2021 and is expected to reach US$ 1,041.7 Mn by 2029, finds Future Market Insights (FMI) in a recent market survey.

As per the findings of the report, the global multiplex biomarker imaging market is projected to experience significant growth over the forecast period, due to growing demand for advanced immunofluorescence techniques that help in better diagnosis and management of tumors at a cellular level.

The global multiplex biomarker imaging market was valued US$ 300 Mn in 2018, and is expected to increase at a CAGR of 12% over the forecast period of 2019–2029.

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Key Takeaways of Multiplex Biomarker Imaging Market Study

  • There is steady demand for immunofluorescence slide scanners, as these offer exceptionally high image quality, reliability, and speed for whole slide imaging.
  • North America is anticipated to be an attractive market for multiplex biomarker imaging, owing to developed healthcare infrastructure, favorable government policies, and financial grants for laboratory research by the government
  • Immunostaining is widely used in the diagnosis of abnormal cells, such as cancerous cells, and also assists in understanding the distribution and localization of biomarkers and differentially expressed proteins in different parts of a biological tissue.
  • The commercial success of the multiplex biomarkers imaging market is highly dependent on cancer research studies, which could serve multiple purposes such as detection of cancerous cells, presence of necrotic agents, and assessment of structural and functional abnormalities in cellular anatomy.

Tier 1 Players to Hold More Than 80% Revenue Share

PerkinElmer, Bio-Rad, and Thermo Fisher Scientific are among the leading market players in the multiplex biomarker imaging market. These manufacturers continue to dominate the landscape of the multiplex biomarker imaging market due to their strong focus on product innovation, market leadership in product introduction, and strong distribution network with translational laboratories and academic institutes to increase sales.

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Want more insights?

Future Market Insights has studied the evolution of the multiplex biomarker imaging market from 2014–2018, and presents demand projections for 2019–2029, on the basis of component type (instruments, software, and services), imaging technique (IHC assays, FISH assays, TMA assays), application (research and clinical diagnostics), and end user (translational laboratories, biopharmaceutical companies, and academic institutes) across seven prominent regions.

“Increasing focus on cancer research and wide application of imaging technique in the development of specific gene targeted medication provide opportunity for key players. Inorganic strategies are being followed by prominent players for the distribution of devices.”

MULTIPLEX BIOMARKER IMAGING MARKET TAXONOMY

The global multiplex biomarker imaging market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

Component Type

  • Instruments
    • Quantitative Pathology Imaging Systems
    • Immunofluorescence Slide Scanners
    • Toponome Imaging Systems
    • Multispectral Imaging Systems
  • Software
  • Services
    • Installation & Integration Services
    • Maintenance Services

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Imaging Technique

  • Immunohistochemistry (IHC) Assays
  • Fluorescent In-Situ Hybridization (FISH) Assays
  • Tissue Microarray (TMA) Assays

Application

  • Research
  • Clinical Diagnostics

End User

  • Translation Laboratories
  • Biopharmaceutical Companies
  • Academic Institutes

Explore Wide-ranging Coverage of FMI’s Healthcare Landscape:

Empty Capsules Market : The global sales of empty capsules are anticipated to reach US$ 2.3 Billion in 2023. The market is further expected to increase at 7.9% CAGR during the forecast period, totaling a valuation of US$ 4.9 Billion by 2033.

Dermal Fillers Market : Dermal Fillers Market is projected to exhibit 7.5% CAGR between 2023 and 2033. They are used to rejuvenate different facial areas associated with various functionalities. The rising demand for facelift or face line corrections in various emerging countries is enabling the market growth.

Connected Drug Delivery Devices Market: The global Connected Drug Delivery Devices Market size was estimated at US$ 330 Mn in 2021, and is expected to reach US$ 1.6 Bn by 2028, expanding at a stellar CAGR of 23.6%.

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:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Optical Waveguide Market is expected to be valued at US$12,280.0 million by 2032

The global Optical Waveguide Market is expected to be valued at US$ 12,280.0 million by 2032, up from US$ 7410.0 million in 2022, with a CAGR of 5.2% over the forecast period.

Among the promising properties of the optical waveguides are biocompatibility, distributed sensing capability, resistance to electromagnetic noise, and high bandwidth. These characteristics are expected to drive the optical waveguide market forward in the coming years.

The rapid increase in the use of electronic devices, as well as a massive amount of data flow and augmented data traffic, are driving the global optical waveguide market. The increasing popularity of the internet, combined with the desire for low power consumption, will drive demand for optical waveguides.

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In addition to that, there is the emergence and increasing popularity of high-speed cloud computing techniques is driving the sales of optical waveguides.

Moreover, optical interconnect is highly driving the demand for optical waveguides, due to its ability to transform the signals from electrical to optical with less frequency-dependent loss and high bandwidth.

Furthermore, the optical waveguide can also aid in handling the significant amount of data generation from data centers along with cloud computing. The unique features like distributed sensing, biocompatibility, and resistance to electromagnetic noises like that of motors and radios are bolstering the adoption of this product during the forecast period.

Key  Players:
  • Sumitomo Bakelite Co. Ltd.
  • Waveguide Optical Technologies,
  • DigiLens, Inc.
  • Himachal Futuristic Communications Ltd.
  • Corning Incorporated
  • LEONI Fiber Optics, Inc.
  • Prysmian SpA
  • Yangtze Optical Fiber and Cable Co. Ltd.
  • Sterlite Technologies Limited
  • Fujikura Limited
  • Other

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Key Segments Of The Optical Waveguide Market

By Type:

  • Planar Waveguide
  • Channel Waveguide

By Material Type:

  • Semiconductor Waveguides
  • Electro-optic Waveguides
  • Glass Waveguides
  • Silicon Waveguides
  • Polymers Waveguides
  • Others

By Fabrication Process:

  • Microreplication Method
  • Lithography Method
  • Photo-address Method

By Application:

  • Tablet PC
  • Inspection Devices
  • Super High Vision
  • High-performance Server, Computing, Router
  • Printers
  • Medical Equipment
  • Aircraft & Automobiles
  • Others

By Optical Interconnection:

  • Chip to Chip Optical Interconnection
  • Board to board Optical interconnection
  • On-chip Optical Interconnection
  • Optical Back Plane
  • Inter Board
  • Others

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.

Contact Us :

Future Market Insights, Inc.
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T: +1-845-579-5705
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Paediatric Vaccine Market to reach a valuation of US$ 160.7 Billion by the year 2032 | FMI

According to a new report published by Future Market Insights titled “Paediatric Vaccine Market: Global Industry Analysis & Opportunity Assessment, 2016 – 2026”, in terms of revenue, the global paediatric vaccine market is expected to increase at 12.2% CAGR during the forecast period 2016-2026. The global paediatric vaccine market is expected to reach US$ 27.97 Bn in 2016.

Paediatric vaccine market is a billion dollar market accounting for a substantial proportion of healthcare expenditure in the recent times. The paediatric vaccine market is segmented according to indication, technology and vaccine type. According to the indication, the paediatric vaccine market is sub segmented into pneumococcal, DTP, rotavirus, influenza, meningococcal, hepatitis B, Hib, MMR and polio. According to technology the market is further segmented into live or attenuated, inactivated or killed, toxoid, conjugate, subunit and recombinant vaccines. By vaccine type, the global paediatric vaccine market is segmented into monovalent and multivalent vaccines.

A slew of routine immunisation initiatives rolled out by the government and private agencies has broadened the market for the paediatric vaccines. A new wave of funds pumped into the market by different government and private players to cork the rise of the child deaths across the globe has also opened a new window of opportunity for the paediatric vaccine market. As per the report of WHO (World Health Organization), the global spending on immunisation soared from US$21.4 to US$26.9 per infant in 2014. The massive economic boom in some regions of the world is expediting the growth of the paediatric vaccine market.

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Segmentation analysis

  • By indication, pneumococcal segment accounted for higher revenue share in global paediatric vaccines as compared to other product segments. The pneumococcal segment is expected to reach a value of US$ 31.58 Bn by 2026, reflecting a CAGR of 14.4% over the forecast period. The growth of pneumococcal segment is attributed to the increasing incidence of infectious diseases.
  • In terms of revenue, Hib vaccine segment is the second most growing segment and is expected to reach a value of US$ 13.49 Bn by 2026, growing at a CAGR of 13.4%. Hepatitis B and meningococcal segment are expected to show double-digit CAGR growth in the forecast period contributing to the growth of global paediatric vaccine market.
  • By technology, conjugate segment accounted for highest revenue share in global paediatric vaccine market as compared to live or attenuated segment. The conjugate segment is expected to reach a value of US$ 32.09 Bn by 2026, reflecting a CAGR of 14.8% over the forecast period. This is expected to be closely followed by the growth of pneumococcal and meningococcal vaccines in this segment
  • By end user, institutional health centres account for higher demand for paediatric vaccine as compared to other end user segments such as hospital pharmacies and retail pharmacies. The strong growth in institutional health centres can be attributed to increasing government interventions in immunisation programs in order to improve vaccine coverage. Institutional health centres are expected to register highest CAGR of 13.8% over the forecast period.

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Regional analysis

By region, North America is dominating the global paediatric vaccine market due to improved healthcare infrastructure in this region. The North America paediatric vaccine market is expected to be valued at US$ 20.15 Bn by 2026 growing at a CAGR for 11.0%. In addition to North America, demand for paediatric vaccines has been significantly growing in Western Europe and APEJ. APEJ is expected to grow at a CAGR for 14.9% over the forecast period and is expected to dominate the market by 2026 by generating revenue of US$ 22.69 Bn and revenues in Western Europe are anticipated to grow by 11.2%. Middle East and Africa is expected to grow at a CAGR of 12.6% and this growth is anticipated by growth government intervention for immunisation by carrying out national level immunisation campaigns and also disease specific immunisation campaigns.

Key players in the global paediatric vaccine market include

Indian Immunologicals,

GlaaxoSmithKline Plc.,

Pfizer Inc.,

Sanofi, Merck & Co. Inc.,

Panacea Biotec,

Zydus Cadila,

Emergent BioSolutions Inc.,

Serum Institute of India Pvt. Ltd.,

Bharat Biotech.

The growth of paediatric vaccine market is attributed to the development in the research by key players in the field, for instance, in February 2016, GSK submitted US regulatory submission for expanding the indication of FLuLaval Quadrivalent, influenza vaccine, for infants more than 6 months. These developments will boost the growth of the global paediatric vaccine market.

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Market Segmentation

Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • MEA
  • Japan

Technology

  • Live or Attenuated Vaccine
  • Inactivated or Killed Vaccine
  • Toxoid Vaccine
  • Conjugate Vaccine
  • Subunit Vaccine
  • Recombinant Vector Vaccine

Indication

  • Pneumococcal Conjugate Vaccine
  • DTP Vaccine
  • Influenza
  • Meningococcal Vaccine
  • Polio Vaccine
  • Rotavirus Vaccine
  • MMR Vaccine
  • Varicella Virus Vaccine

End User

  • Hospital Pharmacies
  • Retail Pharmacies
  • Institutional Health Centres

Vaccine Type

  • Monovalent Vaccines
  • Multivalent Vaccines

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:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Prosthetic Heart Valve Market is projected to grow at a prolific CAGR of 11.4% between 2022 and 2032, totaling US$ 36.3 Billion by 2032

[Report of 254 Pages] The global prosthetic heart valve market was valued at $10.9 billion in 2021 and is expected to reach $12.3 billion by the end of 2022. With the increasing prevalence of valvular disorders such as aortic stenosis (AS), organic and ischemic (functional) mitral regurgitation, and tricuspid regurgitation, the overall demand for prosthetic valves is expected to grow at a 11.4% CAGR between 2022 and 2032, reaching US$ 36.3 billion by 2032.

According to Future Market Insights, an increasing prevalence of valvular heart disease (VHD) is expected to augment growth of the global prosthetic heart valve market during the forecast period. Regulatory approval for heart valves, integration of technological advancements, and increasing number of heart valve implantation procedures are other factors expected to influence revenue growth of the global prosthetic heart valve market in the next 10 years. However, high costs associated with transcatheter heart valve products, procedure related risks and complications, and product recalls are some restraints likely to hamper the growth of the global prosthetic heart valve market over the forecast period.

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Segmentation highlights

The global prosthetic heart valve market is segmented on the basis of Product Type (Mechanical Heart Valves, Biological/Tissue Heart Valves, Transcatheter Heart Valves) and End User (Hospitals, Ambulatory Surgery Centres).

  • The Transcatheter Heart Valves product type segment is estimated to be valued at US$ 6,069.1 Mn by 2026 end, registering a CAGR of 13.3% between 2016 and 2026
  • The Hospitals end user segment accounted for 74.5% market share of the global prosthetic heart valve market in 2015. Rising demand for quicker treatment options and remedies is expected to promote the revenue growth of the Hospitals segment over the forecast period

Regional market projections

The global prosthetic heart valve market is segmented by region into North America, Latin America Excluding Brazil, Brazil, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), and Middle East & Africa (MEA). The global prosthetic heart valve market is largely prominent in the developed regions.

The North America regional market is estimated to witness the highest CAGR of 12.4% during the forecast period followed by the Western Europe regional market at 12.1%. Factors such as legislative openness and inline approval procedures are expected to contribute largely to the revenue generation potential and attractiveness of the Western Europe prosthetic heart valve market. Rising adoption of transcatheter heart valves in geriatric patients for better care is expected to fuel revenue growth in the Japan prosthetic heart valve market over the forecast period.

Vendor insights

The report on the global prosthetic heart valve market profiles some of the leading companies dominating the global prosthetic heart valve market. Top market players featured in the global prosthetic heart valve market report are Edwards Lifesciences Corporation, St. Jude Medical, Inc., Medtronic plc, Boston Scientific Corporation, Abbott Laboratories, SYMETIS, LivaNova PLC, CryoLife, Inc., Braile Biomedica, Colibri Heart Valve LLC, and JenaValve Technology, Inc. Leading market players are focussing on delivering differentiated therapies to cardiac patients and are strengthening their foothold in the global prosthetic heart valve market through strategic collaborations and acquisitions.

Key competitors covered in terms of prosthetic heart valve market are Edwards Lifesciences Corporation, St. Jude Medical, Inc., Medtronic plc, Boston Scientific Corporation, Abbott Laboratories, SYMETIS, LivaNovaPLC, CryoLife, Inc., Braile Biomedica, Colibri Heart Valve, LLC, and JenaValve Technology, Inc.

Key strategies adopted by most of the major players in the global prosthetic heart valve market include: product approvals and commercialisation, leveraging existing capabilities to create patient-centric technologies, briskly entering markets in emerging countries and offering the latest innovative technologies to healthcare facilities and, thus strengthening regional proficiency and addressing customer needs. New product launches, innovation and expansion are anticipated to form the core of these strategies during the forecast period.

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Key Segment

By Product Type

  • Mechanical Heart Valves
  • Mechanical Aortic Valve
  • Mechanical Mitral Valve
  • Biological/Tissue Heart Valves
  • Tissue Aortic Valve
  • Tissue Mitral Valve
  • Transcatheter Heart Valves
  • Transcatheter Aortic Valve
  • Transcatheter Mitral Valve

By End User

  • Hospitals
  • Ambulatory Surgery Centres

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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Laboratory Information Systems (LIS) Market is projected to grow at a CAGR of 10.2% from 2022 and 2032 | FMI

An annual growth rate of 3.2% is predicted for the European Laboratory Information Systems market during the next few years.

Increasing demand for improved laboratory efficiency, the need for integrated healthcare information systems, and hospitals prioritizing for laboratory information systems fuels the growth in the European laboratory information systems market. In addition, supportive government initiative and investments from healthcare IT manufacturers supplements the growth. However, scarcity experienced professionals and high maintenance & service expenses are factors hindering the growth of the market. On the other hand, demand for powerful IT systems in diagnostic and medical laboratories present opportunities in the market.

The rising demand for molecular diagnostic tests, the growing need to integrate different healthcare systems, governmental support for adoption of healthcare IT tools, continuous advancements in LIS products, and the rising incidences of chronic diseases are among the key factors driving the market growth. On the other hand, the high cost of LIS solutions, high maintenance and service expenses, and lack of skilled healthcare IT professionals are likely to restrain market growth in the coming years.

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Germany dominates the European market for laboratory information system, having accounted for a 28.2% market share in 2014, followed by France. The U.K is expected to become a major market for laboratory information system (LIS) in the coming years.

The European laboratory information systems market is segmented on the basis of products, types, components, delivery mode, end users, and countries. The product segment is divided into standalone LIS and integrated LIS. The types included in the report are clinical LIS and anatomical LIS. The components covered in the report are services and software. On-premise, remotely-hosted, and cloud-based are delivery modes discussed in the report. The end users’ segment is further classified into clinical diagnostic laboratories, hospitals, anatomical pathology laboratories, blood banks, and molecular diagnostic laboratories. The countries such as Germany, Italy, Spain, U.K., and France would experience tremendous growth.

The European Commission’s new framework, Horizon 2020 has been the largest ever research and innovation programme in Europe for various fields including life sciences with a budget of $95 billion (€77 billion) from 2014-2020. In October 2017, The European Commission announced its plans to invest $37 billion (€30 billion) of this fund during 2018-2020 including $2.5 billion (€2 billion) to support Open Science, and $740 million (€600 million) for the European Open Science Cloud, European data infrastructure and high-performance computing. Horizon 2020 opened funding opportunities for future and emerging technologies and ICT Work Programme for life science researchers. Thus, increasing R&D activities and government funding will ultimately boost the demand for effective data management and hence drive the laboratory informatics market in Europe.

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Key Takeaways

  • R&D is crucial for drug discovery and development. This in turn, boosts the demand for efficient lab and data management.
  • Growing number of organizations involved in R&D are shifting from traditional old systems to digital laboratory solutions.
  • In European region, Germany accounted for the largest share of 26.0% of the total R&D spending in 2016 in Europe as stated by R&D Magazine, 2017.
  • According to UNESCO Institute for Statistics, Germany is among the top 10 countries, accounting for 80% of global spending on R&D.
  • Germany spends 2.9% of GDP on R&D and have pledged to substantially increase public & private R&D spending as well as number of researchers by 2030, as part of the Sustainable Development Goals (SDGs).

Competitive Landscape

Top companies in the laboratory information systems market are constantly releasing new products to increase their market share. They are bolstering their global reach through mergers, partnerships, and acquisitions.

Recent Developments

In September 2022, McKesson Corporation signed an agreement in principle to extend its partnership with CVS Health to distribute pharmaceuticals to mail order and specialty pharmacies, retail pharmacies and distribution centers through June 2027.

Key Companies Profiled: 

ECerner Corp, Evident, McKesson, Medical Information Technology, Epic Systems Corporation, SCC Soft Computer, Roper Technologies Inc., CompuGroup Medical, and LabWare

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Key Segments Covered in the Laboratory Information Systems Industry Analysis

By Components:

  • Software
  • Hardware
  • Services

By Delivery Mode:

  • On Premise
  • Cloud-Based

By End User:

  • Hospitals
  • Clinics
  • Independent Laboratories
  • Others

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Digital Freight Management Market to be Worth US$ 34,559.8 Million by 2032: Future Market Insights, Inc.

The global digital freight management market is expected to reach US$ 14.0835 Billion in 2022 and is projected to grow at a CAGR of 9.4% to reach US$ 34.56 Billion by 2032. The growing adoption of IoT and communication technology is credited with growth. A CAGR of 8.9% was recorded for the market for digital freight management from 2016 to 2021.

Digital freight managements has risen the growth in many enterprises, by offering faster, more efficient, and flexibility for enterprises. Digital freight managements is implemented in transport businesses to optimize the efficiency of commercial freight operations.

Freight operation information system offers various features such as vehicle maintenance and repairs, freight tracking system, customer Electronic Data Interchange (EDI) interfacing, comprehensive operational reporting and many others.

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Digital freight managements Market: Drivers and Challenges

The major driver for Digital freight managements is the growth of free trade policy for different countries is increasing the business of imports and export across the globe. Furthermore, the adoption of this software by many transport enterprises to improve their delivery capabilities.

There is also rise in the demand of on- time delivery of products and raw materials that boosts the fleet owners to implement an efficient Digital freight management. In addition to that, another factor for the growth of the Digital freight managements market is increase in global trade.

In contrast to this, due to high cost associated with freight management solutions and lack of awareness regarding advanced freight management solutions restraining the Digital freight managements market growth.

Digital freight managements Market: key players

Some of the key players for Digital freight managements are Accenture, CEVA Logistics, CTSI – Global, Descartes System Group, DSV, High Jump Software, JDA Software Group, Inc., Manhattan Associates, United Parcel Service of North America, Inc.

Digital freight managements Market: Regional Overview

Digital freight managements market is currently dominated by North America region due to increase in adoption of Digital freight management tool in this region. Asia Pacific Digital freight managements Market is expected to have the highest growth rate during the forecast period due to wide adoption of Digital freight managements market.

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Key Segments Profiled in the Digital Freight Management Industry Survey

Digital Freight Management Market by Solutions:

  • Digital Logistics Management System
  • Digital Baggage and Cargo Screening System
  • Digital Freight Operational Management System
  • Digital Freight Security Monitoring System

Digital Freight Management Market by Technology:

  • Digital Freight Surveillance Systems
  • X-Ray Freight Management Systems
  • Digital Freight Management Detectors and Radiations

Digital Freight Management Market by Services:

  • Professional Digital Freight Management Services
  • Digital Freight Management Support and Maintenance
  • Digital Freight Management System Integration

Digital Freight Management Market by Region:

  • North America Digital Freight Management Market
  • Latin America Digital Freight Management Market
  • Europe Digital Freight Management Market
  • Asia Pacific Digital Freight Management Market
  • Middle East and Africa Digital Freight Management 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 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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Automotive Human-Machine Interface (HMI) Market is Anticipated to Exceed US$ 41,877.6 Million by 2032 | FMI

The global automotive HMI market is predicted to grow at a rate of 14.7% CAGR over the course of the forecast period, reaching a revenue of US$ 10,652.1 million in 2022 and US$ 41,877.6 million by 2032.

The future has already arrived, wherein driver no longer interacts with the vehicle by using conventional techniques. Automotive Human-Machine Interface (HMI) is evolving in such a way that driver in the vehicle can have real-time communication with vehicle system to interact without distraction while driving the vehicle. Automotive Human-Machine Interface is rapidly growing due to focus on safety, customization, and interaction without distraction.

Human machine interface is portal to exchange information, converts raw and unorganized data into useful and actionable data. Gesture control, customization, speech recognition, augmented reality etc. are some of the key features of Human-Machine Interface technologies.

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HMI not only connects the driver and car but with the outside world too. This technology will help the driver to have information about the surrounding environment such as traffic and weather conditions. In addition, such technology improves the driver and passenger safety.

Use of mobile phone while driving is the biggest threat and incorporating Human-Machine Interface (HMI) will overcome this safety threat. Advanced Automotive Human-Machine Interface is taking drivers experience to new levels.

Changing trends in consumer electronics, personal mobile devices and car technology is greatly influencing the Automotive Human-Machine Interface market. Earlier, Human-Machine Interface was used mostly in luxury vehicles, but changing technology and reducing cost will enable manufacturers to introduce Automotive Human-Machine Interface in medium cost segments in the coming years.

Market Dynamics 

Now a days with advancing technologies, consumers are more inclined towards value added features. In order to meet customers demand, automotive manufactures are keen to incorporate better, reliable and value added solutions to earn competitive benefit.

Changing social trends and consumer preferences towards luxury and comfort is fueling demand for Automotive Human-Machine Interface market. Furthermore, continuous urbanization is supporting demand for smart cars. Rapid urbanization, rising income, digitalization, change in life style and population growth are key drivers for automotive HMI.

Continuous efforts towards establishing new standards for in-vehicle safety to avoid accidents due to lack of coordination between vehicle systems and driver which leads to poor response of driver, is supporting growth of Automotive Human-Machine Interface. Changing legislation towards safety environment is fueling the growth of Automotive Human-Machine Interface market.

Asia-Pacific region is expected to witness comparatively faster growth among all regions, emerging economies such as India and China will propel the growth of Automotive Human-Machine Interface in next few decades. Rising disposable income, population growth and changing life style trend supports the growth of this technology.

Automotive HMI is playing significant role of security and customization, which is influencing the adoption of advanced automotive human-machine interface. Apart from this, advanced technological innovation is creating supportive atmosphere in automotive industry for growth of Automotive Human-Machine Interface market.

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Key Players 

Some of the key players and service providers for Automotive Human-Machine Interface identified and included in the report of are:

  • Alpine
  • Luxoft
  • Elektrobit
  • Magneti Marelli
  • Clarion
  • Delphi Automotive
  • Johnson Controls
  • Continental Aktiengesellschaft
  • Valeo
  • DENSO
  • Tata Elxsi and
  • EAO AG and
  • Auto-Electronics

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 and applications.

The report covers exhaustive analysis on 

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

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Key Segments Profiled in the Automotive HMI Market Survey

By Type:

  • Input
  • Output

By Technology Type:

  • Mechanical Interfaces
  • Acoustics Interfaces
  • Visual Interfaces
  • Haptic Interfaces

By End Users:

  • High-End Vehicle
  • Low-Cost Vehicle

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

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 10-years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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GaN Substrate Market to Reach US$ 12,369.8 Million, Globally by 2032 at 9.4% CAGR: Future Market Insights, Inc.

The market for GaN substrate is projected to reach US$ 5.0143 Billion in 2022 and grow at a CAGR of 9.4% to reach US$ 12.3698 Billion by 2032. The persistent undercurrent of green vehicle agendas is blamed for growth.

Owing to a lot of advantages over all the other traditional substrates, GaN Substrate is one of the most emerging substrates in the industry and holds a high growth potential. High electron mobility, low switching losses, and fewer lattice mismatches are some of the key advantages of the GaN Substrate, which are leading to the world wide adoption of GaN Substrate, mainly in the industries such as optoelectronics and power electronics.

Currently, the GaN Substrate holds authority in LEDs possessing a share of nearly 70% of market revenue, while power electronics products are in an evolving stage. Other applications of GaN Substrate also involve inverters (& converters), RF devices, power supply modules and motor drives which are expected to evolve rapidly in the market.

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GaN Substrate is a semiconductor material, whose advantages are evident in comparison to the other conventional semiconductor materials such as Silicon, Silicon Carbide, Aluminium, Sapphire, and others. The GaN material is a thin film which is grown on other materials like Sapphire, Silicon, and Silicon Carbide. Out of which, the GaN on sapphire currently holds for most of the share, but SiC is expected to evolve at the fastest rate among others, in the LEDs and Power electronics segment.

Global Market of GaN substrate: Drivers and Restraint 

Wider band gap, high break-down voltage, larger critical electric field, and higher thermal conductivity are some of the key factors leading to a rapid shift of industry manufacturers from silicon technology to GaN substrate.

As these properties let the GaN Substrate material to operate at much higher voltages, work at high switching frequencies, and increase their ability to handle higher power density, thereby offering enhanced power efficiency, which are the key requirements of power amplifiers and applications pertaining to optoelectronics, they are the captivating interest in the R&D fields of these industries.

GaN Substrate also exceed the limit of their counterpart Si devices in applications like Schottky diodes, FETs, HEMTs and the other advanced transistors and let them operate efficiently at much higher voltage levels. These are the key factors which result in gaining attraction for GaN Substrate in the market, with the LED applications being the key drivers holding a share of nearly 70% of revenue in the market for the bulk gallium nitride (GaN) market.

As these devices help in reducing the conduction and switching losses and offer higher efficiency in electronic systems, gradually they are entering a new segment of applications, namely power amplifiers. These applications of GaN Substrate are in an evolving stage but are anticipated to show substantial growth in the upcoming years.

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GaN Substrate Market Segmentation on basis of regions 

The GaN substrate market is sub-segmented into 7 key regions- North America, Latin America, East Europe, West Europe, Asia-Pacific excluding Japan, Japan and Middle East & Africa.

Asia-Pacific region accounts for the maximum share in GaN Substrate Market, with Japan, China and Korea being the major contributors in the terms of production and consumption both. Major factors like less labour and production costs in these countries act as catalyst in helping manufacturers to set up production facilities. Besides that, the dominancy of GaN Substrate suppliers strongly distributed in the region aids in flourishing market.

Owing to increasing demand in UK and Germany, the European GaN Substrate  market follows Asia-pacific and  witnessed a moderate growth while north America, an early adopter of the technology follows Asia-pacific in the market share exhibiting significant growth, trend expected to continue over the forecast period.

Global Market of GaN substrate: Key Players 

Cree Inc., Kyocera Corp., MonoCrystal, Sumco Corp. Sumitomo Electric Industries, 10+ are some of the key players in the GaN substrate market.

Other emerging players in GaN Substrate Market include: Saint Gobain Ltd., Mitsubishi Chemical Corporation, Texas Instruments Incorporated, GaN Systems Inc., and MTI Corporation.

The report covers exhaustive analysis on 

  • Global GaN substrate Market Segments
  • Global GaN substrate Market Dynamics
  • Supply & Demand Value Chain
  • Global GaN substrate Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Global GaN substrate Market Drivers and Restraints

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Key Segments Profiled In The Gan Substrate Industry Survey

GaN Substrate Market by Size:

  • 2-inch GaN Substrate
  • 4-inch GaN Substrate
  • 6-inch GaN Substrate
  • Higher than 6 Inches GaN Substrate

GaN Substrate Market by Type:

  • GaN Substrate on Sapphire
  • GaN Substrate on Si
  • GaN Substrate on SiC
  • GaN Substrate on GaN

GaN Substrate Market by Substrate Production Process Type:

  • Hydride Vapor Phase Epitaxy-based (HVPE) GaN Substrate
  • Ammonothermal Growth-based GaN Substrate
  • Metal-Organic Chemical Vapor Deposition (MOCVD)-based GaN Substrate

GaN Substrate Market by End User:

  • GaN Substrate for Healthcare
  • GaN Substrate for Automotive
  • GaN Substrate for Military and Communication
  • GaN Substrate for General Lighting
  • GaN Substrate for Consumer Electronics
  • GaN Substrate for Power Generation
  • GaN Substrate for Telecom

GaN Substrate Market by Region:

  • North America GaN Substrate Market
  • Latin America GaN Substrate Market
  • Europe GaN Substrate Market
  • Asia Pacific GaN Substrate Market
  • Middle East & Africa GaN Substrate 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 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:

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