Survival Tools Market to Increase at a Strong 7.8% CAGR During the Forecast Period by 2033

During the projected period, total sales in the survival tools market are to record a robust 7.8% CAGR, reaching US$ 1,207.8 million in 2023. The growing emphasis on safety while participating in outdoor leisure activities pushes the survival tools industry.

In light of this, the market valuation is to reach US$ 2,558.1 million by 2033. The survival tools industry study examines the current expansion, which is being driven by increased accidents and unintentional injuries worldwide.

Emerging Trends in the Survival Tools Market

An increase in natural disasters, national park visitation, and a surge in hiking trips are some key factors predicted to propel the survival gear market expansion during the forecast period.

Increased awareness campaigns organized by private and government organizations to educate people about the importance of survival tools in emergencies, as well as rising demand in the military segment due to survival tools available in a variety of sizes to meet the needs of various military operations, to ramp up the survival tools market growth.

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Size and Weight Restrictions on Survival Tool Kits Negatively Impact Market Expansion

Military and defence, forestry workers, and other people who work in extreme climatic conditions and remote locations should be equipped with survival equipment and disaster supplies. Although, it is difficult to keep all the essential supplies due to their restricted size and weight since survival equipment was taken for a variety of activities, including camping, travel, or sporting events.

Users need to be aware of their needs concerning their jobs and other activities. This can cut down on the extra goods carried along with your survival gear. Therefore, vendors face difficulties in determining the best survival tool mix for certain applications, which might impede survival tools market expansion.

Regional Economic Scenario of the Survival Tools Market

Due to increased government efforts to promote the use of survival kits, North America currently controls a large part of the global survival tools industry. Moreover, the government is enticing citizens to buy or create survival kits, which may increase demand for survival gear in the area throughout the anticipated time.

Due to the small-scale businesses involved in the production and delivery of survival tools, Asia Pacific has seen extensive growth in the survival tools industry. The industry’s ability to prosper and tap into regional markets due to the drop in manufacturing costs fuel the expansion of the survival gear market in the coming years.

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Key Takeaways

  • In the product type category, the pocket survival tools segment gets a market share of 27.4% during the forecast period.
  • In the application category, the hiking activities segment to grab a market share of 37% between 2023 and 2033.
  • The United States to get a market share of survival tools of 79.4% from 2023 to 2033.
  • The Indian market to grab a share of 35.5% between 2023 and 2033.
  • Over the forecast period, China’s market share may reach 42.6%.
  • Germany’s market may grab a share of 20.4% from 2023 to 2033.
  • The Japan market accounted for 35.5% of the market share of survival tools between 2023 and 2033.
  • During the forecast period, Australia may take up 53.2% of the survival gear market.

Competitive Landscape

The key survival tool manufacturers are indulged in developing cutting-edge strategies to have a competitive edge and expand their market size.

Coleman Company, Inc., Exxel Outdoors, LLC, Fenix Outdoors International AG, Fiskars Group, Johnson & Johnson, Leatherman Tool Group, Inc., SOG Specialty Knives & Tools, Surefire, LLC, and UST Brands are a few of the significant companies in the global survival tools market analyzed in this report.

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Recent Development

New camping gear from Ultimate Survival Technologies offers excellent durability and comfort. To cut down on plastic waste and carbon emissions, the company uses packaging for its products that is 100% recyclable.

Survival Tools Market by Category

Product:

  • Shovels
  • Ropes
  • Compasses
  • Pocket Tools
  • Hatchets
  • First Aid Kits

Material:

  • Stainless Steel
  • Aluminum
  • Wood
  • Plastic

Application:

  • Hiking Activities
  • Hunting and Fishing
  • Camping Activities
  • Other Wilderness Activities

Sales Channel:

  • Supermarkets/ Hypermarkets
  • Multi-Brand Stores
  • Online Retailers
  • Direct Sales
  • Specialty Stores

Region:

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

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Online Clothing Rental Market is Developed to Reach at a US$ 2,279.9 Million in 2023 | FMI

The online clothing rental market size is projected to be valued at US$ 2,279.9 million in 2023 and is expected to rise to US$ 6,244.1 million by 2033. The sales of online clothing rentals are expected to grow at a significant CAGR of 10.6% during the forecast period.

One of the key factors driving global market growth is the thriving online retail industry. Furthermore, a growing urban population with a higher fashion consciousness is driving up service demand.

To keep up with the ever-changing fashion trends, millennials are increasingly wearing designer clothing without actually owning it.

Increasing awareness about sustainable clothing and the positive environmental effects of sharing and reusing clothing is another factor driving the market growth.

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Sustainability approaches such as reusing pre-owned clothing, using minimal plastic packaging, and efficiently using recyclable, renewable, and production resources such as power, water, and other materials are becoming more popular, contributing to market growth.

With an increasing emphasis on sharing rather than owning, online clothing rental services allow brand- and price-conscious consumers to try on a variety of outfits without purchasing them.

Other factors, such as increasing subscription-based model adoption, rising internet penetration rates, and rising disposable income levels, are expected to drive the market even further.

Key Takeaways from the Online Clothing Rental market

  • In 2022, formal clothing had a market share of around 31.5%. Formal clothing, such as suits and blazers, is expensive and requires maintenance; therefore, price-conscious and young consumers prefer to rent.
  • In terms of business models, the market is divided into two categories: standalone and subscription. As these clothes are worn sparingly on special occasions that do not occur at regular intervals, the standalone segment is expected to account for 76% of the market share during the projected period.
  • Women are expected to continue to dominate the market with a 58% share during the forecast period. Women’s clothing places a premium on fashion rental platforms. During the forecast period, the continued demand for western designer dresses among women worldwide is expected to fuel the growth of the online clothing rental market.

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  • The online clothing rental market in Germany was valued at US$ 0.090 billion in 2022 and is expected to reach US$ 0.17 billion by 2030, growing at an 8.7% CAGR between 2023 and 2030. The desire for more sustainable and affordable ways to acquire designer clothes has increased the popularity of online clothes rental apps in Germany. Furthermore, due to the cold weather, consumers have a high demand for coats and jackets.
  • The online clothing rental market in India was valued at US$ 0.076 billion in 2022 and is expected to reach US$ 0.14 billion by 2030, growing at an 8.8% CAGR between 2023 and 2030. The online rental clothing market in India is expanding as a result of increased internet usage, increased awareness of sustainability, and increased demand for high-end brands at reasonable prices.
  • The United States accounts for around 95.0% of the North American online clothing rental market and is expected to grow at a CAGR of 7.4% during the forecast period. The rise in the various new start-ups and the presence of some of the leading brands in the rental clothing market in the United States are driving growth in the online clothing rental market in the region.

Competitive Landscape

The competitive landscape in the online clothing rental market is moderately fragmented, with a mix of established retailers and start-ups. While some retailers seek a better way to manage their inventory through rentals, start-ups seek to expand their business by offering multi-brand product mixes. Among the market’s key players are Le Tote, Gwynnie Bee, Glam Corner, Rent the Runway, and Nuuly.

  • In July 2022, Rent the Runway entered into a partnership with Saks Off 5th to offer customers pre-owned designer products on its website, which now includes a “pre-owned” section.
  • In April 2022, David Jones expanded its partnership with the fashion rental platform GlamCorner with the launch of Reloop.
  • In May 2022, Following collaborations with designers such as Anna Sui and the launch of its resale platform last year, the clothing subscription service Nuuly recently launched its latest ready-to-rent collection.

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Online Clothing Rental Market by Category

Product Type

  • Knitwear
  • Trousers & Jeans
  • Jumpsuits
  • Suits & Blazers
  • Coats & Jackets
  • Skirt & Shorts
  • Ethnic Wear

Business Model

  • Standalone Model
  • Subscription Model

End-User

  • Business-to-Business (B2B)
  • Business-to-Consumer (B2C)
  • Consumer-to-Consumer (C2C)

Consumer Orientation

  • Men
  • Women
  • Kids

Region

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

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Soap Dispenser Market is Developed to Reach at a US$ 3.21 Billion in 2023 | FMI

The soap dispenser market is anticipated to expand its roots at a CAGR of 6.0% between 2023 and 2033. The market is anticipated to cross a market valuation of US$ 5.75 billion by 2033, while it is likely to be valued at US$ 3.21 billion in 2023.

  • The expanding healthcare sector, along with the government authorities spreading awareness around hand hygiene, are fueling the demand for soap dispensers.
  • The technological integration of sensors is producing products like smart soap dispensers and automatic soap dispensers, which is garnering market opportunities.
  • Rapidly increasing consciousness around healthy practices in people is propelling market growth. Furthermore, corporate settings are also adopting liquid soap dispensers.
  • Proliferation of infectious diseases, the authority’s changing course of action around health management is pushing spaces to adopt smart soap dispensers.
  • Multi-purpose soap dispensers can also be used as hand sanitizer dispensers, increasing their utility while penetrating residential settings.
  • The fear of infection has been triggered by the COVID-19 pandemic. Some regions are still dealing with the spread, flourishing the soap dispenser market growth.

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Key Points

  • The United States is likely to lead the soap dispenser market in terms of market share. The United States held a market share of 81.5% in 2022. The market growth is attributed to the big government initiatives spreading awareness around hazardous infections and their prevention among its citizens.
  • China is another significant soap dispenser market. It held a market share of 44.2% in 2022. The regional growth is attributed to stringent government norms and ongoing regulations.
  • The manual segment is likely to thrive in the product type category as it held a share of 57.9% in 2022. The growth is attributed to factors like lower prices and higher availability of clean-label packaging. At the same time, automatic and smart soap dispensers are also getting popular among consumers.
  • The residential segment is expected to top the application type category as it covers a 37.1% share of the global market. The growth of this segment is boosted by increased awareness around hand hygiene, making contactless handwashing another preventive measure.

Competitive Landscape

The key market vendors focus on ensuring the quality of the material and clean labeling options along with the integration of automatic dispensing technology. Key competitors also acquire, merge, and partner with other companies to increase their supply chain and distribution channel. The key players in the market are: ASI American Specialties, Inc., Bradley Corporation, Simplehuman, Kohler Co, Toto Ltd, and Georgia-Pacific LLC

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Recent Market Developments

  • Georgia-Pacific LLC has introduced the new enMotion Gen2 automatic soap dispenser that holds a capacity of 1200 ml. The dispenser delivers foam type of hygiene form and comes with a wall mount set. It comes with D-size alkaline batteries, a push lock, and a mounting bracket.
  • Kohler Co. has launched its Cruz soap dispenser and holder that comes in a frosted glass bottle in polished chrome. Its USP lies in the premium metal construction with higher reliability and durability. The company claims to double the exceeding industry durability standard.
  • ASI American Specialties, Inc. has introduced it’s EZ fill soap dispensing system that can integrate up to 6 dispensers and works on a multi-feed system. It delivers soap through its own controllable peristaltic pump.

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Soap Dispenser Market: Segmentation

The global Soap Dispenser Market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

By Product Type

  • Touch-free
  • Manual/Push

By Material

  • Plastic
  • Nickel
  • Bronze
  • stainless steel
  • silver
  • chrome
  • others

By Type

  • wall-mounted
  • countertop
  • free standing

By Price Range

  • economical
  • premium
  • mid-range

By Capacity

  • below 500 ml
  • 500 – 750 ml
  • 750 – 1000 ml
  • 1000 – 1250 ml
  • 1250 – 1500 ml
  • 1500 ml & above

By Application

  • Institutional
  • Household

By Sales Channel

  • Direct
  • Indirect

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HDL Cholesterol Kits Market size is projected to total US$ 786.2 Million by 2029 | FMI

The growth of the HDL cholesterol kits market can be attributed to the increasing prevalence of atherosclerosis due to high cholesterol level, which favours the demand for cholesterol testing. According to the latest research by FMI, the global HDL cholesterol kits market is expected to be valued at US$ 786.2 Mn by the end of 2029. The HDL cholesterol kits market is expected to expand at a CAGR of 4.8% during the forecast period 2022-2029.

The increasing incidence of obesity and hyperlipidaemia among people is boosting the need for cholesterol testing, which is driving the growth of the HDL cholesterol kits market. The prevalence of obesity has increased from 33.7% in 2007-2008 to 39.7% in 2015-2016 among adults in the U.S. The increasing prevalence of obesity also increases the risk of cardiovascular disorders, high blood pressure, and hyperlipidaemia. Moreover, the prevalence of hyperlipidaemia is high among the obese population. Nearly 60-70% of patients suffering from obesity have hyperlipidaemia. Other factors, such as growing awareness programs for cholesterol testing and growing cholesterol testing among diabetic patients, are also propelling the growth of the HDL cholesterol kits market.

Rise of ‘Regular Health Check’ Trend Uplifts Prospects in East Asia

Low awareness in middle- and low-income countries about cholesterol testing and other healthcare testing are also among the major factors that are expected to hamper the growth of the HDL cholesterol kits market. There is low awareness about diseases such as dyslipidaemia and hypercholesterolemia in middle-income countries and rural areas. Moreover, the chances of errors and inaccuracy in HDL cholesterol testing methods, such HDL cholesterol precipitating method, are among factors expected to restrain the growth of the HDL cholesterol kits market.

The North America HDL cholesterol kits market gain a maximum value share in 2018. However, the East Asia HDL cholesterol kits market expected to witness prominent growth owing to the higher demand for cholesterol testing in countries such as China and Japan. Developing countries, such as China and India, represent a significant growth rate in the HDL cholesterol kits market due to the growing adoption of regular healthcare testing. The Middle East & Africa HDL cholesterol kits market is expected to witness a sluggish growth rate as compared to other regions.

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The global HDL cholesterol kits market has been studied based on the product type and end user. Based on the product type, the HDL cholesterol kits market has been segmented into HDL cholesterol precipitating reagent kit, HDL cholesterol direct reagent kit, and HDL and LDL/VLDL assay kit. The HDL and LDL/VLDL assay kit product type segment is expected to hold a prominent share in the global HDL cholesterol kits market. Based on end user, the HDL cholesterol kits market has been segmented into hospitals, clinics, and diagnostic laboratories. In terms of revenue, the hospitals segment of the HDL cholesterol kits market was a significant market for HDL cholesterol kits in 2018.

Partnerships and Acquisitions Governing the Competition Landscape

Some of the key players operating in the HDL cholesterol kits market are Diazyme Laboratories, Inc., Randox Laboratories Limited, Fujifilm Holding Corporation, Thermo Fisher Scientific, Abcam plc., Merck KGaA, Abbott Laboratories, Danaher Corporation (Beckman Coulter Inc.), PerkinElmer, Inc., and Hoffmann-La Roche Ltd.

Players in the HDL cholesterol kits market are focusing on partnerships and acquisitions with regional and global players to increase their sales worldwide. For instance, through the acquisition of Wako Pure Chemical, Fujifilm Holding Corporation expand its presence in the life science and chemical sectors. The manufacturers of HDL cholesterol kits are focusing on the expansion of their presence in key markets such as the Asia Pacific, the Middle East, and Europe through distribution agreements and the opening of new manufacturing facilities. The manufacturers of HDL cholesterol kits are also focusing on the development of point-of-care testing as it is more helpful and convenient for making quicker decisions. Moreover, HDL cholesterol kits industry stakeholders are focusing on the addition of direct reagent kits in their product portfolios.

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Key Segments:

Product Type:

  • HDL Cholesterol Precipitating Reagent Kit
  • HDL Cholesterol Direct Reagent Kit
  • HDL and LDL/VLDL Assay Kit

End User:

  • Hospitals
  • Clinics
  • Diagnostic Laboratories

Region:

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

Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Market Trends

1.3. 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. Global HDL Cholesterol Kit Market (Size in US$ Mn) Analysis 2014-2021 and Forecast, 2022-2029

4.1. Historical Market Value (US$ Mn) Analysis, 2014-2021

4.2. Current and Future Market Value (US$ Mn) Projections, 2022-2029

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

Continued…!

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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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Heat-Resistant Ceramic Tableware Market Valued to Cross US$ 47.2 Billion by 2033 | FMI

With a 5.9% CAGR from 2023 to 2033, the heat-resistant ceramic tableware market is to fetch a value of US$ 26.7 billion in 2023 and US$ 47.2 billion by 2033.

The heat-resistant ceramic tableware market is expanding as a result of several variables examined by Future Market Insights (FMI). This increase in the market value for heat-resistant ceramic tableware is attributed to many factors, including the improvement in raw material quality and ongoing efforts by manufacturers to diversify their product offerings through aesthetic considerations. These factors are the main ceramic tableware market growth drivers.

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Key Determinants Generating Buzz in the Market

The demand for heat-resistant ceramic tableware in informal and formal dining settings is driven by higher spending on room renovations and residential units and the acknowledgement of standard kitchens and feeding rooms with the increase in global living standards. As a result, sales of heat-resistant ceramics have advanced through online channels, spurring market expansion.

Increased demand for branded ceramic tableware in emerging nations, rising population, and rising disposable incomes are all major factors impacting market growth. In addition, these factors are influenced by the fast expansion of the food and beverage and home design industries.

Promotion of ceramic tableware through various online channels, increased e-commerce, increased focus on new product innovation, and research and development efforts contribute to the heat-resistant ceramic tableware market economic boom.

The Prognosis for the Region

The rising disposable income of the people has contributed to the surge in demand for branded ceramic dinnerware. The commercial sector is likely to lead the market application because of the high demand for tableware in restaurants and hotels.

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Growth in Asia Pacific is being driven by strong demand for ceramic tableware in developing nations such as India and China. The rising use of e-commerce for purchasing by customers is driving heat-resistant ceramic tableware market expansion in Asia Pacific.

One of the most significant marketplaces is in the Europe region. Europe’s top producers of ceramic tableware are France, Germany, and the United Kingdom. Throughout the forecast period, European brands are anticipated to rule the global high-end tableware industry.

The North American region currently dominates the ceramic tableware market and maintains its lead as a result of manufacturers putting more emphasis on new product development, rising consumer demand for designer tableware, an increase in the number of remodeling projects, and the growing acceptance of modular kitchens.

Due to the growing popularity of brands, rising personal disposable income, and the development and expansion of e-commerce, Asia-Pacific may experience a high CAGR.

Key Takeaways

  • In the product type category the heat-resistant ceramic plates segment to get a market share of 38.9% during the forecast period.
  • In the end-use category the commercial segment to grab a market share of 66.5% between 2023 and 2033.
  • The United States to get a share of 77.1% in the heat-resistant ceramic dinnerware market from 2023 to 2033.
  • The Indian market to grab a share of 37.5% between 2023 and 2033.
  • Over the forecast period of 2023-2033, China’s heat-resistant ceramic tableware market share may become 47.1%.
  • From 2023 to 2033, Germany’s heat-resistant ceramic dinnerware market share can become 23.7%.
  • The Japanese market can account for 34.7% of the market between 2023 and 2033.
  • Between 2023 and 233, Australia may take up 58.9% of the heat-resistant ceramic dinnerware market.

Who is Leading the Way?

The report on the heat-resistant ceramic tableware market includes, but is not limited to, Villeroy & Boch AG, Kahlla Porzellan, Chuchill China Plc, Roesnthal GmbH, The Oneida Group, Noritake Company Ltd., Narumi Corporation, Homer Laughlin China Company, Seltmann Weiden Group, Meissen GmbH, Fiskars Group, WMF Group,and Lenox Corporation.

To solidify their market presence in the global heat-resistant ceramic tableware market, major brands are concentrating on research and development and product launch tactics. Collaboration with well-known designers is likewise becoming more and more common. Also, competitive pricing techniques in emerging markets, mergers, and acquisitions have also become more significant in the sector.

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Recent Development

  • The Moon Jar

With the help of renowned designers Kim Seok Binn, The Moon Jar designer tableware maker has presented collections of heat-resistant ceramic dinnerware from South Korea for Singaporean consumers.

  • Revol

For eco-based hospitality organizations, Revol has announced the availability of their recycled ceramic, heat-resistant, dinnerware.

  • Oggetto

To enable distinctive aesthetics for each piece in these dinnerware sets, Oggetto has launched its newest addition of heat-resistant ceramic tableware made using a hand-turned process.

Global Heat-resistant Ceramic Tableware Market by Category

By Product Type, Global Heat-resistant Ceramic Tableware Market is segmented as:

  • Heat-resistant Ceramic Plates
  • Heat-resistant Ceramic Bowls
  • Heat-resistant Mugs and Jars
  • Other Heat-resistant Ceramic Tableware Products

By Price Range, Global Heat-resistant Ceramic Tableware Market is segmented as:

  • Economy & Mid-Range
  • Premium Range

By End-Use, Global Heat-resistant Ceramic Tableware Market is segmented as:

  • Commercial
  • Residential

By Sales Channel, Global Heat-resistant Ceramic Tableware Market is segmented as:

  • Hypermarkets/Supermarkets
  • Specialty Stores
  • Multi-brand Stores
  • Convenience Stores
  • Online Retailers
  • Wholesalers & Distributors
  • Other Sales Channel

By Region, Global Heat-resistant Ceramic Tableware Market is segmented as:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

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About Future Market Insights, Inc.

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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Venous Thromboembolism Treatment Market is expected to register steady growth, expanding a 3.7% CAGR between 2022 and 2029

[243 Pages Report] The global demand for venous thromboembolism treatment market is likely to grow steadily over the forthcoming years. As indicated by a recent Future Market Insights (FMI) study, the market revenues will observe approximately 3.7% CAGR between 2022 and 2029.

More than 3/5th of treatment demand is underpinned by deep venous thrombosis, according to the report. Catheter-directed thrombolysis devices and percutaneous thrombectomy devices, collectively account for more than half of the global revenues represented by the venous thromboembolism treatment market.

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Venous thromboembolism treatment involves segmented pneumatic compression pumps without gradient, segmented pneumatic compression pumps with calibrated gradient, lower pneumatic compression sleeves, non-segmented pneumatic compression pumps permanent inferior vena cava filters, retrievable inferior vena cava filters, embolectomy balloon catheters, percutaneous thrombectomy devices, catheter-directed thrombolysis (CDT) devices and upper pneumatic compression sleeves. Based on the disease indication, deep vein thrombosis is expected to hold a prominent share in the overall venous thromboembolism treatment market.

Poor Reimbursement Scenario Against High Treatment Costs to Restrict Adoption

Several factors are impacting the overall growth of the venous thromboembolism treatment market. The first and the most important factor driving the venous thromboembolism treatment market is the increasing prevalence of venous thromboembolism disease. Other factors, such as the increasing retrieval rate of vena cava filters, increasing healthcare awareness, presence of favourable reimbursement policies, and increasing geriatric population, are also responsible for the growth of the venous thromboembolism treatment market.

Apart from the driving factors of venous thromboembolism treatment market, there are few factors that are likely to hinder the overall growth of the venous thromboembolism treatment market. The high cost associated with venous thromboembolism treatment therapy, poor reimbursement for some of the treatment devices, and poor insurance support are among the major factors that are expected to hamper the growth of the venous thromboembolism treatment market.

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Drug-based Treatment Witnessing Traction across Europe

Although increasing preference for drug-based venous thromboembolism treatment is highly likely to hinder the growth of the market, new-generation drugs, including non-Vitamin K antagonist oral anticoagulants (NOACs) such as dabigatran, rivaroxaban, apixaban, and edoxaban, are estimated to boost the adoption rate of venous thromboembolism treatment due to increased efficacy. However, there are regional variations to this trend.

North America is expected to be a prominent region in the global venous thromboembolism treatment market because of the presence of a well-developed healthcare infrastructure and numerous technological advancements in the region. The increasing prevalence of venous thromboembolism is also responsible for the boosting the growth of the North America market. Treatment using mechanical and interventional prophylaxis systems is expected to be increasingly adopted in the North American region during the forecast period. In addition, drug-based treatment is expected to gain popularity in the European region, which is expected to subsequently decrease the usage of mechanical and interventional treatments in the region.

On the other hand, increasing per capita healthcare expenditure is one of the macroeconomic factors that is likely to boost the market. Nowadays, certain changes in the socio-economic scenario can also lead to significant growth in the venous thromboembolism treatment market.

Tier 1 Players Account for Nearly 35% Market Revenue Share

Some of the key manufacturers of venous thromboembolism treatment are mainly focusing on innovating and launching new and advanced products. Major players in the venous thromboembolism treatment market are focusing on collaborations and acquisitions. For example, venous thromboembolism treatment is majorly adopted by hospitals, catheterisation laboratories, and ambulatory surgical centres. Hospitals are expected to hold a significant revenue share in the venous thromboembolism treatment market.

The report tracks some of the key companies operating in the venous thromboembolism treatment market such as ArjoHuntleigh AB, AngioDynamics, Cardinal Health Inc., BTG International Ltd., Stryker Corporation, DJO Global Inc., EKOS Corp, and Teleflex Inc., Boston Scientific Corp. There are several other companies operating in the venous thromboembolism treatment market. AngioDynamics, Boston Scientific Corp., and Cardinal Health Inc. are expected to hold a prominent share in the venous thromboembolism treatment market. These tier 1 companies hold a share of approximately 35% in the venous thromboembolism treatment market.

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Venous Thromboembolism Treatment Market by Category By Product:

  • Non-Segmented Pneumatic Compression Pumps
  • Segmented Pneumatic Compression Pumps without Gradient
  • Segmented Pneumatic Compression Pumps with Calibrated Gradient
  • Upper Pneumatic Compression Sleeves
  • Lower Pneumatic Compression Sleeves
  • Permanent Inferior Vena Cava Filters
  • Retrievable Inferior Vena Cava Filters
  • Embolectomy Balloon Catheters
  • Percutaneous Thrombectomy Devices
  • Catheter-Directed Thrombolysis (CDT) Devices

By Disease Indication:

  • Deep Venous Thrombosis
  • Pulmonary Embolism

By End User:

  • Hospitals
  • Catheterisation Laboratories
  • Ambulatory Surgical Centers

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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Advanced Process Control Market is expected to advance with a steady CAGR of 9.31% during the forecast year 2022 to 2032

The global Advanced Process Control Market reveals new opportunities as well as potential threats. The report provides in-depth coverage of the Advanced Process Control Market, with a focus on the key growth drivers, opportunities, restraints, and challenges that are expected to dominate the market in the coming years. According to FMI, the industrial automation industry will continue to grow through 2022 and beyond.

Increasing machine usage and demand for high-quality products in various industries, as well as the installation of smart devices in machinery, are some of the factors driving the growth of the Advanced Process Control market in the industrial automation industry.

Automation is being implemented in industries to increase productivity and reduce labour costs. FMI provides detailed industry insights for the

To receive the detailed insights about the Advanced Process Control market, our experts relies on the primary and secondary research, and various wide range of data set gathered from organic and inorganic sources to provide estimates for the upcoming decade.

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Understanding the Impact of Covid-19 on Industrial Automation Industry

The COVID-19 outbreak has been posing staggering challenges for the industry. Like other industries, the industrial automation industry has been particularly affected due to the lack of equipment and availability of the products. Furthermore, dearth of labor, factory closures, and supply restrictions induced by the pandemic crisis resulted in slight setback in 2022.

Lack of human assistance and key player’s hesitation in investing for high-end machineries during the pandemic has negatively impacted the industrial automation industry in 2022. However, with relaxation in lockdown, the Advanced Process Control market has picked up the pace.

The FMI’s recent report talks about the market scenario in the chapter on the Covid-19 impact analysis to aid the market players for the upcoming years. The report gives a detailed market analysis surrounding the market condition and its impact on the Advanced Process Control market.

Key Questions Answered in the Report

  1. What are the key trends and challenges that will affect global Advanced Process Control market in upcoming years?
  2. What are the factors that will influence the Advanced Process Control market demand?
  3. Which region will be the most lucrative for Advanced Process Control market throughout the forecast period?
  4. How will evolving regulatory policies impact the market growth?
  5. What is the impact of Covid-19 on the Advanced Process Control market?

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Advanced Process Control Market: Segmentation

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Detailed analysis on the geographical region and country wise insights are offered in the latest Advanced Process Control market report with established market players as well as incumbents in the region.

By Segment:

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

Competitive Analysis

  • General electric Co.
  • Rudolph Technologies
  • Yokogawa Electric Corp
  • Emerson Electric Co.
  • ABB Ltd.
  • Aspen Technology
  • Honeywell International, Inc.
  • Schneider Electric Se
  • Rockwell Automation, Inc.
  • Siemens AG

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With a detailed segmentation on segments and sub-segments, the FMI’s study offers the strengths, weaknesses, growth prospects and opportunities of each player. The report also includes important market study including the historical revenue prospects, pricing strategy, and marketing strategy adopted by these players in the Advanced Process Control market.

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 :

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Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Radiotherapy Patient Positioning Accessories Market is projected to surpass US$ 993.6 million by 2033 | FMI

As per the latest market research conducted by FMI, the global radiotherapy patient positioning accessories market is expected to record a CAGR of 4.8% from 2023 to 2033. In 2023, the market size is projected to reach a valuation of US$ 619.5 million. By 2033, the valuation is anticipated to reach US$ 993.6 million.

Due to the rising need for radiation therapy treatments, the market for radiotherapy patient positioning and immobilization is anticipated to expand significantly in the future years. Accessories for radiotherapy are available on the market that assists in precisely positioning and immobilizing patients during radiation treatments. In particular, the launch of novel products including robotic patient positioning systems and 3D-printed positioning accessories is expected to fuel the market expansion.

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Also, the demand for precise and efficient radiation therapy treatments is driving significant growth in the market for radiotherapy patient positioning accessories. In the upcoming years, this market is projected to expand as new technologies are created and embraced.

Besides, more patients are turning to these products as awareness of the value of radiation safety and comfort emerges. On the other hand, expensive radiation equipment, a shortage of qualified workers, and strict government regulations can all impede market expansion.

Key Takeaways:

  • The radiotherapy patient positioning accessories market is predicted to record a CAGR of 8% through 2033.
  • The market in the United States is expected to record a CAGR of 4.2% over the forecast period.
  • The radiotherapy patient positioning accessories market is anticipated to reach a valuation of US$ 619.5 million in 2023.
  • The radiotherapy patient positioning accessories market is expected to surpass US$ 993.6 million by 2033.
  • FMI states that the hospital segment is estimated to record a CAGR of 3.9% over the forecast period.
  • The radiotherapy patient positioning accessories market recorded a CAGR of 6% from 2018 to 2022.
  • According to Future Market Insights, by 2023, sales of radiotherapy patient positioning accessories are expected to be dominated by the couch tops & overlays category, with more than 1/5 of the market.
  • The market in the United Kingdom is expected to record a CAGR of 4.2% over the forecast period.

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Competitive Background:

The key players operating in the radiotherapy patient positioning accessories market are investing in mergers and acquisitions in order to gain a significant market share. The manufacturers are also investing in research and development, and are introducing innovative methods to boost production capacity. Product development and market expansion are significant aspects of the radiotherapy patient positioning accessories market. As a result, market participants are likely to have a better overall revenue share in the global radiotherapy patient positioning accessories market.

Significant Key Players in the Radiotherapy Patient Positioning Accessories Market Include:

  • Bionix Radiation Therapy
  • CDR Systems
  • CIVCO Radiation
  • Orfit Industries N.V.
  • IZI Medical Products
  • Klarity Medical Products
  • Qfix, Elekta AB
  • Eckert & Ziegler BEBIG

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Radiotherapy Patient Positioning Accessories Market

By Product Type:

  • Couch Tops & Overlays
  • Immobilization System
  • Head Rest
  • Cushions
  • Spacers & Wedges
  • Arm & Wrist Supports
  • Thermoplastic Masks & Sheets
  • Locating & Indexing Bar
  • Bite Positioner
  • Markers

By End User:

  • Hospitals
  • Radiation/Proton Therapy Centers
  • Cancer Research Institutes

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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Electronic Stethoscope Market will reach a valuation of US$ 369 Million in 2029 | FMI

[263 Pages Report] Up from nearly half a million units sold in 2018, the global sales of electronic stethoscopes will observe a robust 7.2% growth in 2022. The electronic stethoscopes market is expected to create an incremental opportunity worth US$ 170.9 Mn between 2022 and 2029.

Key Manufacturers Continue to Strategize on New Product Launches in Electronic Stethoscopes Landscape

Almost 2/5th of total adoption of electronic stethoscopes is registered at hospitals, the report underscores that there has been significant adoption by medical institutes in the recent past. In the next few years, medical institutes and ambulatory surgical centers are likely to create multiple opportunities for manufacturers of electronic stethoscopes.

More than half of the overall sales is accounted by amplifying electronic stethoscopes, as indicated by FMI’s analysis. While amplifying electronic stethoscopes provide results as accurate as digitizing electronic stethoscopes, the latter are associated with high maintenance owing to the presence of multiple electronic components. Amplifying electronic stethoscopes are thus expected to observe significant growth in revenue over the course of coming years.

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According to the report, the market attractiveness of amplifying stethoscopes is strongly backed by the increasing number of launches of new electronic stethoscopes by a number of small- and medium-sized companies. Electronic stethoscopes are rapidly replacing conventional variants across developed countries, predominantly owing to accelerated regulatory approvals.

  • eKuore had launched the first wireless stethoscope for medical use.
  • Eko had launched the first Android–connected digital stethoscope.
  • In April 2018, Steth IO launched a digital smartphone-enabled stethoscope.

According to the report, approximately 60% of the electronic stethoscopes that are sold are enabled with Bluetooth technology and an integrated chest piece system. The former is however poised to witness a higher rate of adoption over the coming years.

North America Continues to Lead the Global Market for Electronic Stethoscopes

North America holds a considerable revenue share in the electronic stethoscopes market. With advancements in technology and the presence of a large number of healthcare facilities, electronic stethoscopes are being widely used in the region. Their ability to provide amplified sound output as well as reduce external sound makes it easy for medical professionals to detect sounds and provide proper treatment to patients.

FMI’s study has profiled some of the key companies operating in the global electronic stethoscopes market, including Eko Devices, eKuore, GlobalMed, 3M, Welch Allyn, Ambisea Technology Corp., Meditech Equipment Co., Ltd, HD Medical, Thinklabs, ADInstruments, and Cardionics Inc.

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Electronic Stethoscope Market by Category Product: 

  • Amplifying Stethoscopes
  • Digitizing Stethoscopes

End User:

  • Hospitals
  • Clinics
  • Medical Institutes
  • Ambulatory Surgical Centers
  • Homecare Settings
  • Medical Camps
  • Catheterization Laboratories

Application:

  • Integrated Chest-Piece System
  • Wireless Transmission System (Bluetooth)
  • Integrated Receiver Head-Piece System
  • Other

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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Neurovascular Guidewires Market size is expected to reach US$ 399.1 Million by 2028

[Report of 269 Pages] During the forecast period of 2022 to 2028, the global Neurovascular Guidewires Market is anticipated to grow at a CAGR of 4.0%. The market is expanding at a faster rate due to rising demand for straight-tip guidewires for minimally invasive spine and cervical surgeries.

According to a new research study of Future Market Insights,

  • Straight tip guidewires, with a current share of more than a third of the total market value, will retain the dominant position in neurovascular guidewires market through 2028.
  • Aneurysms and intra-and extra-cranial angioplasty reflect highest applicability of neurovascular guidewires.
  • Hospitals, though anticipated to reflect limited investment opportunities in the neurovascular guidewire market, will remain the leading end-use segment with the maximum share in terms of revenue generation.

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neurovascular guidewires market

The Increasing Number of Neurovascular Disease Treatment Alternatives

Neurovascular guidewires, among the latest innovations in the neurovascular disease treatment landscape, has been pushing the number of neurovascular surgeries since introduction. This according to the report will remain a key factor sustaining demand for neurovascular guidewires in the global market over the coming years.

As the advent of technology used in neurovascular surgeries has significantly increased the number of treatment options for neurovascular diseases, the treatment by using neurovascular guidewires is gaining ground rapidly owing to the relatively lower risk associated with surgical treatment, over conventional surgeries. The usage of guidewires is the mainstay for neurovascular therapy, along with new technologies such as coating-based guidewires, which has contributed substantially to the treatment options for complex lesions that are treated surgically.

The increasing number of neurovascular neuroradiology procedures is also boosting the demand for access products, which is another factor driving the neurovascular guidewires market. The number of neurovascular interventions is increasing with growing awareness among surgeons about the cost benefit associated with the neurovascular guidewires. Besides, reimbursement policies for outpatient surgeries are also expected to propel the neurovascular guidewires market revenue. Furthermore, an increase in the number of end users such as ambulatory surgical centers in underdeveloped and developing countries is boosting the number of outpatients cases, which is also expected to drive the overall market for neurovascular guidewires.

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Favorable Reimbursement Scenario & Government Support

The growing prevalence and incidence of cerebral infarction, aneurysm, and stroke is projected to fuel the demand for neurovascular guidewires. Growth in the number of patients suffering from ischemic stroke across the world is also estimated to boost the adoption of neurovascular guidewire and contribute to the growth of the global neurovascular guidewire market during the forecast period.

Similarly, increasing incidence of arteriovenous malformations is also contributing to growth in the demand for neurovascular guidewires. The increasing prevalence of intracranial and extracranial angioplasty is another factor that is expected to drive the neurovascular guidewires market.

Neurovascular guidewires are effective and safe devices in neurovascular intervention procedures for patients suffering from neurovascular diseases. Modifications in reimbursement policies are encouraging the number of outpatients in developed countries. Government initiatives and local reimbursement policies pertaining to the usage of neurovascular guidewires are also expected to boost the neurovascular guidewire market over the forecast period.

Rising awareness about cerebral infarction is also estimated to contribute to the growth of the market. The reimbursement policies for the treatment of brain aneurysm are also contributing to the growth of the neurovascular guidewires market as the patients are not required to pay from their own pocket.

FMI’s report tracks some of the key companies operating in the neurovascular guidewire market, which include Boston Scientific Corporation, Medtronic, Penumbra Inc., Stryker, Asahi Intecc Co. Ltd, Integer Holding Corporation, Cordis Corporation, CONMED Corporation, phenox GmbH, and Integer Holding Corporation, among others.

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Neurovascular Guidewires Market by CategoryProduct:

  • Shapeable Tip Guidewires
  • Straight Tip Guidewires
  • Angled Tip Guidewires
  • Round curve Tip Guidewires

Application:

  • Arteriovenous Malformations
  • Intracranial and Extra-Cranial Angioplasty
  • Aneurysms
  • Minimally Invasive Spine surgery
  • Cerebral Angiography

Coating Type:

  • Hydrophilic Guidewires
  • Hydrophobic Guidewires

End User:

  • Hospitals
  • Laboratories
  • Research Institutes
  • Biopharmaceutical Companies
  • Others

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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