Continuous Glucose Monitoring Devices Market Outlook 2023 to 2033 | By Bayer AG, Dexcom, Novo Nordisk, Qualcomm

According to Future Market Insights’ recently published Global Continuous Glucose Monitoring Device Market industry analysis report, the global sales of Continuous Glucose Monitoring Device Market in 2023 are expected to be US$ 5.5 Billion. The market is estimated to be worth US$ 16.8 billion by 2033, growing at an 11.9% CAGR from 2023 to 2033.

A rise in the elderly population, as well as a high prevalence of diabetes, are expected to drive market growth. According to the International Diabetes Federation, the global diabetic population is expected to reach 642 million by 2040. As a result, one out of every ten people is expected to have diabetes by 2040, illustrating the severity of the epidemic. Diabetes treatment and management are thus expected to be a high concern for healthcare administrations and stakeholders worldwide.

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Increased diabetes cases are expected to boost market growth and potential for continuous glucose monitoring systems, attracting and compelling various industry participants to develop novel products or product line expansions.

Asia Pacific is predicted to be the most profitable market during the forecast period. The Asia Pacific region has a big population, which is characterised by growing diabetic awareness, greater awareness of the availability of continuous glucose monitoring devices, and rising consumer healthcare spending. Furthermore, higher diagnostic lab penetration in the region is expected to drive demand for continuous glucose monitoring devices throughout the forecast period.

Countries such as China, India, South Korea, and Indonesia are attracting FDIs in the healthcare sector as a result of favourable government policies, which is expected to boost the expansion of the region’s continuous glucose monitoring device market.

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Competitive Landscape
The Continuous Glucose Monitoring Device Market is highly competitive, with a handful of companies holding a significant share. The key players in the market include A. Menarini Diagnostics, Echo Therapeutics, Inc., Abbott Laboratories, Bayer AG, Dexcom, Inc., F. Hoffmann-La Roche Ltd., GE Healthcare, GlySens Incorporated, Insulet Corporation, Johnson & Johnson, LifeScan, Medtronic plc, Medtrum Technologies, Inc., Microchip Technology Inc., Micron Technology Inc., Nemaura Medical, Inc., Novo Nordisk, NXP Semiconductors, Qualcomm, Roche Diagnostics, Senseonics Holdings, Inc., STMicroelectronics, and Tandem Diabetes Care.

Some of the recent developments of key players in the Continuous Glucose Monitoring Device Market are as follows:

  • In June 2020, Menarini Diagnostics released GlucoMen Day CGM, a unique digital patch that monitors blood glucose and displays findings immediately on a smartphone. It may be worn for fourteen days continuously.
  • In February 2020, for seamless diabetes management, Abbott and Insulet collaborated to integrate next-generation glucose sensors and automated insulin delivery technology. The continuous glucose monitoring (CGM) technology of Abbott will be combined with Insulet’s OMillionipod Horizon Automated Insulin Delivery System to create an accurate, user-friendly, and integrated digital health platform.
  • In January 2020, Tandem Diabetes Care announced the launch of the t:slim X2 Insulin Pump with Control-IQ Technology. Dexcom G6 continuous glucose monitoring is built into the system.

More insights available:

North America is the largest market for CGM due to the high prevalence of diabetes in the region. The United States is the largest market in North America due to the high adoption rate of Continuous Glucose Monitoring market, favorable reimbursement policies, and the presence of major players in the region.

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Market Segments Covered in Continuous Glucose Monitoring Device Industry Analysis
By Component:

  • Transmitters
  • Sensors
  • Receivers

By End-Use:

  • Hospitals
  • Home Care
  • Other End-uses

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Erythema Treatment Market to reach US$ 315 Million by 2033 | Increasing Skin Diseases to Drive Growth

The market value of the global Erythema Treatment market size is expected to reach US$ 184.41 Million in 2023 and US$ 315 Million by 2033, with a projected CAGR of 5.5% from 2023 to 2033. The growth of the Erythema Treatment market can be attributed to the increasing incidence of skin diseases and the availability of various treatment options. The market witnessed a historical growth rate of 3% from 2018 to 2022.

Hospital pharmacies are a preferred choice for Erythema Treatment due to their on-site availability and access to highly skilled pharmacists. Furthermore, strict quality control standards in hospital pharmacies instill confidence in patients regarding the safety and effectiveness of their medication.

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Patients have multiple options for treatment, including over-the-counter (OTC) products, prescription drugs, and alternative remedies, leading to a highly competitive market. Major players in the industry offer a wide range of products tailored to meet the varying needs of patients. As the demand for Erythema Treatment continues to rise, the market is poised for substantial growth in the future.

Key Takeaways from the Market Study

  • The Erythema Treatment market is expected to grow at a value of 5.5% CAGR in the forecast period 2023 to 2033
  • By distribution channel, hospital pharmacies are expected to hold 44% of the market share in 2023 for Erythema Treatment market.
  • North America is expected to possess 40% market share for Erythema Treatment market in 2023.
  • Europe Erythema Treatment market size is expected to possess 35% market share in 2023.

“Increasing prevalence of skin conditions along with availability of treatments is driving the growth of Erythema Treatment market.” states an FMI analyst

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Competitive Landscape

Key players in the Erythema Treatment market are Novartis International AG, Regeneron Pharmaceuticals Inc, Sanofi S.A., Valeant Pharmaceuticals International Inc., Bausch Health Companies Inc., GlaxoSmithKline plc, Merck & Co. Inc., Enzon Pharmaceuticals, Astellas Pharma Inc., Galderma S.A.

  • Regeneron Pharmaceuticals Inc, a key player in the Erythema Treatment market is focusing on undertaking extensive research for understanding the effects of Erythema on different age groups and innovating medications for the same.
  • Sanofi S.A, another key player in the Erythema Treatment market is focusing on integrating technology to reduce Erythema at initial stages.

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global Erythema Treatment market, presenting historical analysis from 2018 to 2022 and forecast statistics for the period of 2023 to 2033.

The study reveals essential insights on the basis of Drug Type (Corticosteroids, Antihistamines, Antibiotics, Calcineurin inhibitors) Route of Administration (Topical and Oral) Distribution Channel (Online Pharmacies, Hospital Pharmacies, Retail Pharmacies) Region (North America, Latin America, Europe, South Asia, East Asia, Oceania, MEA)

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Key Segments Profiled in the Erythema Treatment Industry Survey

Drug Type:

  • Corticosteroids
  • Antihistamines
  • Antibiotics
  • Calcineurin inhibitors

Route of Administration:

  • Topical
  • Oral

Distribution Channel:

  • Online Pharmacies
  • Hospital Pharmacies
  • Retail Pharmacies

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.

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Low-Grade Glioma Therapeutics Market Status and Prospects 2023 to 2033 | By Eli Lilly, Incyte, Beigene, Servier

The global market for Low-Grade Glioma Therapeutics is projected to attain a valuation of US$ 1515.47 Million by 2033, as per Future Market Insights, with a compound annual growth rate (CAGR) of 4.57% estimated from 2023 to 2033. The increasing incidence of Low-Grade Glioma Therapeutics and the development of novel medications to treat the disease are the main factors behind this growth.

In recent years, the Low-Grade Glioma Therapeutics market has witnessed significant expansion due to advancements in cancer research and improved awareness among patients seeking effective treatments. Despite a combination of surgery, radiation therapy, and chemotherapy being the standard treatment for low-grade gliomas, many patients still face disease recurrence, and the survival rate is low.

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To tackle this problem, new drugs and therapies have emerged that specifically target low-grade gliomas, including targeted therapies, immunotherapies, and gene therapies, which have demonstrated promise in early-stage clinical trials. As these treatments continue to advance through the development pipeline, the market for Low-Grade Glioma Therapeutics is expected to expand further.

Key Takeaways from the Market Study

  • The Low-Grade Glioma Therapeutics market is expected to grow at a value of 4.57% CAGR in the forecast period 2023 to 2033.
  • By distribution channel, hospital pharmacies are expected to hold 40% of the market share in 2023 for Low-Grade Glioma Therapeutics market.
  • North America is expected to possess 45% market share for Low-Grade Glioma Therapeutics market in 2023.
  • Europe Low-Grade Glioma Therapeutics market size is expected to possess 37% market share in 2023.

“Development of targeted therapies along with innovation of medication to treat Low-grade Glioma is propelling the growth of the market.” states an FMI analyst

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Competitive Landscape

Key players in the Low-Grade Glioma Therapeutics market are Day One Biopharmaceuticals, AnHeart Therapeutics, Beigene, SpringWorks Therapeutics, Servier, Helsinn, Forma Therapeutics, Hoffmann-La Roche, Incyte, Eli Lilly

  • Day One Biopharmaceuticals, a key player in the Low-Grade Glioma Therapeutics market is focusing on innovating medications by integrating technology to treat the ailment.
  • AnHeart Therapeutics, another key player in the Low-Grade Glioma Therapeutics market is focusing on researching and developing medications to treat the ailment at an early stage.

More Valuable Insights

North America is anticipated to have a significant share in the market, owing to the presence of major pharmaceutical companies, research and development activities, and increasing investments in healthcare infrastructure. The United States, in particular, is expected to contribute the most to the growth of the low-grade glioma market in this region.

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Key Segments Profiled in the Low-Grade Glioma Therapeutics Industry Survey

Drug Class:

  • Trametinib
  • Dabrafenib
  • Ivosidenib
  • Mirdametinib

Route of Administration:

  • Topical
  • Oral

Distribution Channel:

  • Online Pharmacies
  • Hospital Pharmacies
  • Retail Pharmacies

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.

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CBRN Protection Equipment Market Comprehensive Research Study and Strong Growth in Future 2029

A new Future Market Insights (FMI) study suggests that the global CBRN (Chemical, Biological, Radiological and Nuclear) protection equipment market will exhibit a healthy CAGR of more than 5% during the forecast period of 2019 to 2029. Greater emphasis of governments on enhancing safety of military forces constitutes a major push to global sales of CBRN protection equipment.

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Increasing production of bioweapons, bio-agents, as well as chemical weapons has strengthened the demand for CBRN filtration systems, integrated COLPRO systems, and decontamination shelter systems. Demand for personal protective equipment such as gloves, boots, body suits, masks, and hoods is also rising, in line with rise in precautionary training practices.

Key Takeaways – CBRN Protection Equipment Market Study

  • Personal protection equipment will continue to be bestselling throughout the forecast period. The rising focus on safety among military personnel has enhanced demand in countries such as the U.S., Canada, Germany, France, Italy, Spain, and the U.K.
  • Demand for integrated COLPRO systems is anticipated to multiply, with rising requirement from developed economies such as the U.S., the U.K., and Germany.
  • Decontamination shelter systems would gain significant traction, which will drive CBRN protection equipment market growth.
  • With increasing CBRN attacks in developing economies, especially at airports, the demand for immediate response has enhanced the mandate for frequent CBRN protection training. Such CBRN training practices will further drive the global CBRN protection equipment market growth in following years.
  • Rising investments in nuclear reactor projects, especially in countries like Russia, India, UAE, Turkey, China, and South Korea are expected to bolster demand for CBRN protection equipment.
  • Rapid growth in production of chemicals and bio agents has resulted in greater demand for safety awareness. Regulatory bodies have formed numerous regulations to improve safety awareness among public, which is expected to fuel the growth of the CBRN protection equipment market.

Large-scale Regional Players Dominating Competition Landscape

The report offers essential insights into the competitive scenario and market structure analysis of the CBRN protection equipment market along with the strategies of prominent market participants. Some key participants mentioned in the CBRN protection equipment market report are 3M (Scott Safety), Ansell LTD, Honeywell, AirBoss of America Corp., Indra Systemas SA, MSA Safety Inc., HDT Global, Drägerwerk AG & Co. KGaA, and Avon Protection Systems, among others.

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Moreover, the global CBRN protection equipment market is competitive due to the presence of regional and large-scale players. However, it has been moving towards competitiveness, with contract acquirements and ongoing mergers and acquisitions of prominent players. Additionally, regional players in emerging markets are focusing on increasing value-addition in their product offerings at competitive pricing.

What Lies Ahead?

Political and geographical unrest between certain nations are increasing due to nuclear and bio threats, resulting in increased awareness of CBRN attacks as well as precautionary and preventive measures. The deployment of safety measures and investments in training practices are projected to enhance the demand for CBRN protection equipment over the forecast period.

Know More About Inclusions of CBRN Protection Equipment Market Report

A new market research report published by Future Market Insights (FMI) on the global CBRN protection equipment market includes global industry analysis for 2014–2018 and opportunity assessment for the 2019–2029. The report provides insightful analysis of the global CBRN protection equipment market through four different categories – product type, category, end use, and region. The CBRN protection equipment market report details current installed base, product adoption across different applications, prevailing trends and technologies being adopted in the manufacturing of CBRN protection equipment, life cycle analysis, and pricing analysis by different types of products.

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About Future Market Insights (FMI) 

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

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Europe Wood Pellet Heating Systems Market Key Players & Growth Strategies Adopted by Them

The Europe wood pellet heating systems market was valued at ~US$ 4.7 Billion in 2018, and is estimated to increase at a CAGR of ~3% during the forecast period of 2019 to 2029. This growth is majorly driven by the increasing consumption of wood pellet heating systems in commercial, residential, as well as industrial sectors.

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  1. The Europe wood pellet heating systems market was valued at ~US$ 4.7 Billion in 2018.
  2. The wood pellet heating systems market is expected to grow at a CAGR of ~3% during the forecast period of 2019-2029.
  3. Operational efficiency & economic benefits ensure high demand for wood pellet heating systems.
  4. Collectively, Italy and France markets are estimated to account for ~50% of the sales in the wood pellet heating systems by the end of 2029.
    • Italy is expected to be the key revenue maker for wood pellet heating systems, owing to government subsidies and incentives for installation of biomass heating systems.
  5. Commercial sector is expected to remain a prominent investment area for wood pellet heating systems market players.
    • Noteworthy application potential of wood pellet heating systems has been identified in heat and energy generation purposes.

A new market research report by Future Market Insights on the wood pellet heating systems market includes Europe industry analysis 2014 to 2018 and opportunity assessment 2019–2029. The report investigates the wood pellet heating systems market and provides critical insights for the forecast period of 2019-2029. As per the findings of the report, the Europe wood pellet heating systems market is expected to experience substantial growth during the forecast period due to multiple driving factors, such as smart technologies & mobility heightening attractiveness of wood pellet heating systems over conventional ones and limited emission of air pollutants.

Rising Market Attractiveness of Nordic Countries

Italy is projected to hold significant value share in the Europe wood pellet heating systems market due to rising prices of fossil fuels and federal environmental sustainability strategies. However, the Nordics region, followed by Benelux, is expected to project lucrative growth in the Europe wood pellet heating systems market during the forecast period of 2019-2029. Denmark market is estimated to be prominent in Nordics, by holding ~20% of the market value share, and is expected to remain prominent till 2029.

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Key Segments of Europe Wood Pellet Heating Systems Industry Survey

Europe Wood Pellet Heating Systems Market by Product:

  • Boilers
    • 1- 10 kW
    • 10- 50 kW
    • 50 kW -200 kW
    • 200 kW -500 kW
    • 500 kW- 1,000 kW
    • 1,000kW – 5,000kW
  • Stoves
  • Fireplace
  • Biomass Gasifiers

Europe Wood Pellet Heating Systems Market by End Use:

  • Residential Wood Pellet Heating Systems
  • Commercial Wood Pellet Heating Systems
  • Industrial Wood Pellet Heating Systems

Europe Wood Pellet Heating Systems Market by Country:

  • Germany Wood Pellet Heating Systems Market
  • Italy Wood Pellet Heating Systems Market
  • France Wood Pellet Heating Systems Market
  • U.K. Wood Pellet Heating Systems Market
  • Spain Wood Pellet Heating Systems Market
  • Nordics Wood Pellet Heating Systems Market
  • Benelux Wood Pellet Heating Systems Market
  • Russia Wood Pellet Heating Systems Market
  • Rest of Europe Wood Pellet Heating Systems Market

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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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Diamond Core Drilling Market Comprehensive Research Study and Strong Growth in Future 2033

A new market research report by Future Market Insights on the diamond core drilling market includes a global industry analysis 2014 to 2018 and opportunity assessment 2019 to 2029. The report investigates the diamond core drilling market and provides critical insights for the forecast period of 2019-2029. As per the findings of the report, the global diamond core drilling market is projected to experience moderate growth over the forecast period, on the account of increasing mining and construction activities across the globe.

The global diamond core drilling market is projected to be valued at ~US$ 1.6 Billion in 2019, and is expected to increase at a CAGR of ~6% during the forecast period 2019-2029. This growth is majorly driven by the growing mineral production rate and rising construction industry worldwide.

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East Asia Market to Gain Traction over the Forecast Period

Europe and South Asia regions are estimated to hold significant shares in the global diamond core drilling market. However, East Asian market is anticipated to witness lucrative growth in the global diamond core drilling market over the forecast period of 2019-2029. This growth is propelled by rapid development in the underground mining activities in countries such as China and Japan.

In view of steady economic conditions, the governments in East Asia are increasingly investing in mineral production, mining exploration, and construction and infrastructural activities. As a consequence, the construction industry of East Asia has gained a significantly positive momentum over the past years. This is expected to result in robust growth in the adoption of diamond core drilling in the East Asia region.

Europe and South Asia regions are estimated to hold significant shares in the global diamond core drilling market. However, East Asian market is anticipated to witness lucrative growth in the global diamond core drilling market over the forecast period of 2019 to 2029. This growth is propelled by rapid development in the underground mining activities in countries such as China and Japan.

In view of steady economic conditions, the governments in East Asia are increasingly investing in mineral production, mining exploration, and construction and infrastructural activities. As a consequence, the construction industry of East Asia has gained a significantly positive momentum over the past years. This is expected to result in robust growth in the adoption of diamond core drilling in the East Asia region.

Preview Analysis of Diamond Core Drilling Market: By Drilling Technique: Stitch drilling to gain high traction, Preference for surface drilling grows; By Drilling: Rotary drilling remains highly preferred, Significance of wireline drilling to surge: https://www.futuremarketinsights.com/reports/diamond-core-drilling-market

Manufacturers Inclined Towards the Development of Customized Products in Diamond Core Drilling Market

The global market of diamond core drilling has been segmented on the basis of different types considering the regions such as North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa.

  • By operation type, the diamond core drilling market is segmented into handheld and rig operated. The rig operated segment is expected to hold a significant market value share in the global diamond core drilling market
  • By drilling technique, the diamond core drilling market is segmented into four types such as stitch drilling, underwater diamond drilling, surface drilling, and underground drilling. Stitch drilling segment is expected to consume a majority value share of the global diamond core drilling market. Whereas the surface drilling technique is expected to have healthy market share in overall forecast period
  • By drilling type, the diamond core drilling market is segmented into rotary drilling and wireline drilling. The rotary drilling segment is expected to hold a high market share of the global diamond core drilling market in value as compared to wireline drilling
  • Furthermore, on the basis of end users, the construction industry segment is expected to gain majority value share of the global diamond core drilling market. The mining industry segment is again classified into open pit mines and closed pit mines.

Diamond Core Drilling Market: Vendor Insights

The report highlights some of the market players in the global diamond core drilling market are Hilti Corporation, Atlas Copco (India) Ltd., WEKA Elektrowerkzeuge KG, Robert Bosch GmbH, Boart Longyear, Elektrowerkzeuge GmbH Eibenstock, MASSENZA Drilling Rigs Srl, Milwaukee Tool, Controls S.p.A., Epiroc Mining India Limited, KERN-DEUDIAM Diamantwerkzeuge und Maschinen GmbH, Shibuya Company, Ltd., APC Drilling & Constructions Private Limited, ROCKDRIL (INDIA), and Husqvarna AB.

The manufacturers of diamond core drilling motor are focusing on technological advancement, which is expected to increase the sales in the upcoming years.

The global diamond core drilling market is consolidated with some players holding prominent shares of the market. Top four market players is expected to hold the significant share in the global diamond core drilling market.

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

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Cancer Biopsy Market is projected to increase at a CAGR of around 18% from 2023 to 2033

The Cancer Biopsy market revenues were estimated at US$ 22.2 Bn in 2022 and is anticipated to grow at a CAGR of 18% from 2023-2033, according to a recently published Future Market Insights report. By the end of 2033, the market is expected to reach US$ 131.4 Bn.

The increasing elderly populace, along with the rise in instances of cancer diagnoses, is fueling growth in the cancer clinical market. Also, the effective and less costly use of liquid biopsy procedures and increasing biopsy appointees are all expected to impact the market growth.

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Some of today’s prominent procedures in medical diagnosis include endoscopic, arthroscopic, bone marrow, skin, needle, and surgical biopsies. Needle biopsies are regarded as a trusted method for the early detection of patients suffering from these methods. However, fine-needle aspiration needle biopsies, which have been found to be less invasive and faster, are aiding the increase in popularity of the slice.

The IARC estimates that by 2020 the worldwide burden of disease due to cancer is projected to be 19.3 million cases and 9.96 million deaths worldwide. A liquid biopsy entails reduced expense, earlier prognosis, therapy surveillance, identification of tumor heterogeneity, acquired drug resistance, and patient comfort compared to conventional diagnostic tools for handling cancer.

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Competitive Analysis

Key companies are helping to drive market expansion by diversifying their diagnostics portfolios and increasing the adoption of their own biopsy tools.

Key recent developments of key players in the Cancer Biopsy Market are as follows:

  • In March 2021, in Russia, KIllumina, Inc. received medical device approval for their NextSeq 550Dx platform and related reagent kits. Prior to this registration, the MiSeq Dx had already been approved as a medical device.
  • In March 2021, Autopsy with Quick-Core IZI Medical Products introduced a system for soft tissue biopsy procedures. This fully automated product is based on Quick-Core, the company’s patented semi-automatic method.

Competitive Landscape

Key companies are helping to drive market expansion by diversifying their diagnostics portfolios and increasing the adoption of their own biopsy tools.

  • In March 2021, In Russia, KIllumina, Inc. has received medical device approval for their NextSeq 550Dx platform and related reagent kits. Prior to this registration, the MiSeq Dx had already been approved as a medical device.
  • In March 2021, Autopsy with a Quick-Core IZI Medical Products has introduced a system for soft tissue biopsy procedures. This fully automated product is based on Quick-Core, the company’s patented semi-automatic method.
  • In April 2021, Plasma-SeqSensei liquid biopsy research use only (RUO) kits were introduced in EMEA by Sysmex Europe GmbH and Sysmex Inostics GmbH.

More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Cancer Biopsy Market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023-2033.

The study reveals essential insights on the basis of by Type (Tissue Biopsies, Liquid biopsies, Other Types), by Product Type (Instruments, Kits and Consumables, Services), by Application (Breast Cancer, Colorectal Cancer, Cervical Cancers, Lung Cancers, Prostate Cancers, Skin Cancers, Blood Cancers, Kidney Cancers, Liver Cancers, Pancreatic Cancers, Ovarian Cancers, Other Applications) across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

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Market Segments Covered in Cancer Biopsy Industry Analysis

By Type:

  • Tissue Biopsies
    • Needle Biopsies
    • Surgical Biopsies
  • Liquid Biopsies
  • Other Types

By Product Type:

  • Instruments
  • Kits and Consumables
  • Services

By Application:

  • Breast Cancer
  • Colorectal Cancer
  • Cervical Cancers
  • Lung Cancers
  • Prostate Cancers
  • Skin Cancers
  • Blood Cancers
  • Kidney Cancers
  • Liver Cancers
  • Pancreatic Cancers
  • Ovarian Cancers
  • Other Applications

About 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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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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NGS Sample Preparation Market is projected to advance at a CAGR of 13.7% from 2022 to 2032 | FMI Study

[342 Pages Report] The global NGS sample preparation market is expected to be valued at $5441.1 million by 2032, up from $1321.8 million in 2022, and to grow at a 13.7% CAGR during the forecast period (2022-2032).

DNA contains the blueprints of life. Within its structures are the codes required for the assembly of proteins and non-coding RNA – these molecular machineries affect all the biological systems that create and maintain life. By understanding the sequence of DNA, researchers have been able to elucidate the structure and function of proteins as well as RNA and have gained an understanding of the underlying causes of disease. Next Generation Sequencing (NGS) is a powerful platform that has enabled the sequencing of thousands to millions of DNA molecules simultaneously.

This technology involves steps such as library preparation followed by clone amplification and cyclic array sequencing. This technology is used for applications including human whole genome sequencing (WGS), whole exome sequencing, targeted sequencing using panels of a few to thousands of genes, and expression profiling.

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NGS Sample Preparation Market: Drivers and Restraints


NSG samples are being used for the sequencing of genomes. These genomes are being used for the preparation of specialized medicines. Increasing prevalence of genetic disorders is driving the growth of this market. Increasing need for the personalized medicines and clinical diagnosis is driving the growth of NGS sample preparation market.

Technological advancements in sample preparation procedures and kits to standardize and simplify steps are driving the growth of NGS sample preparation market.


NGS Sample Preparation Market: Overview

NGS has revolutionized the genome sequencing market. NGS sample preparation market is expected to show significant growth over forecast period. Increasing need for personalized treatment is driving the growth of this market. Increase in the healthcare spending and improvement in the healthcare technology are the major factors for the growth of NGS sample preparation market. Increasing incidence of disease conditions like cancer and use of NGS for diagnostic purpose in cancer and management or treatment of disease the boosting the growth. Aging population is also expected to drive the growth of NGS sample preparation market.

Single molecule real time sequencing is expected to be fastest growing segment due to real time preparation of samples. Drug discovery and diagnostic application are expected be highest revenue generating and fastest growing NGS sample preparation segments. Biopharmaceutical companies are biggest user of NGS samples as these companies are focusing on development of new drugs.

NGS Sample Preparation Market: Region Wise Outlook

Geographically, the NGS sample preparation market can be segmented as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan and Middle East & Africa. North America is most attractive region for the NGS sample preparation market attributing to the presence of key biopharmaceutical players in this region and technological advancements.

Followed by which is Europe and Japan. These markets are also growing significantly due to the focus of research institutes on development of new methods of NGS sample preparation and aging population. Asia Pacific excluding Japan is also expected to show significant growth in NGS sample preparation market due to improving healthcare infrastructure and increasing healthcare expenditure.

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NGS Sample Preparation Market: Key Players

Some of the market participants in the global NGS sample preparation market are Thermo Fisher Scientific, Agilent Technologies, Inc., F Hoffman-La Roche AG, Illumina, Inc., Eurofins Scientific and Macrogen, Inc.

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

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Historical Actual Market Size, 2012 – 2016
  • Market Size & Forecast 2017 to 2027
  • Supply & Demand Value Chain
  • Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis for Market includes

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

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NGS Sample Preparation Market: Segmentation

The global NGS sample preparation market can be segmented on the basis of technology, application, end user and region.

On the basis of technology the global NGS sample preparation market can segmented as:

  • Sequencing by Synthesis (SBS)
  • Ion Semiconductor Sequencing
  • Single Molecule Real Time (SMRT) Sequencing
  • Nanopore Sequencing

On the basis of application the global NGS sample preparation market can be segmented into:

  • Diagnostics
  • Drug Discovery
  • Biomarker Discovery
  • Precision Medicine
  • Agriculture and Animal Research
  • Other Applications

On the basis of end user the global NGS sample preparation market can be segmented into:

  • Biopharmaceutical Companies
  • Hospitals
  • Research Institutes
  • CMOs
  • CROs

Report Highlights:

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

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Pancreatic Cancer Market is projected to accelerate at a CAGR of 13.5% to top US$ 7,541.09 Million by 2033

In 2023, the market for pancreatic cancer will be worth over US$2,125,57 million. By 2033, it is anticipated that the market for pancreatic cancer would grow at a CAGR of 13.5% and reach $7,541.09 million.

The seventh greatest cause of cancer-related deaths worldwide, pancreatic cancer is one of the most often diagnosed cancers. In the West, pancreatic cancer rates are rising. In the industrialized world, the prevalence of pancreatic adenocarcinoma is rising, and adaptive lifestyle choices like alcohol use and obesity may be major factor.

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

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Pancreatic Cancer Market: Segmentation

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

By Treatment Type:

  • Chemotherapy
  • Immunotherapy
  • Hormone Therapy
  • Surgery
  • Radiation Therapy
  • Targeted Drug Therapy
  • Others

By Cancer Type:

  • Endocrine Pancreatic Cancer
  • Exocrine Pancreatic Cancer

By End User:

  • Hospitals
  • Clinics
  • Diagnostic Laboratories
  • Research Institutes
  • Research Laboratories
  • Others

Pancreatic Cancer Market: Competition Analysis

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

Key players covered in the report include:

  • Pfizer Inc.
  • Novartis AG
  • Eli Lily and Company
  • Bristol Myers Squibb Company
  • Zydus Cadila
  • Myriad Genetics Inc.
  • F-Hoffmann-La Roche Ltd.
  • PharmaCyte Biotech Inc.
  • Teva Pharmaceutical Industries Ltd.

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Important Questions Answered in the Pancreatic Cancer Market Report

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

Key Offerings of the Report

  • Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
  • Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
  • Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
  • Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
  • Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Pancreatic Cancer market

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

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Indonesia Pet Care Market is Estimated to Reach US$ 2,298.4 Million in 2023

The Indonesia pet care market is expected to reach US$ 2,298.4 million in 2023. The market is likely to surpass US$ 5,883.2 million by 2033 at a CAGR of 9.5% from 2023 to 2033.

The pet care industry in Indonesia has been experiencing significant growth in recent years, driven by several key factors. One of the primary drivers of growth in the industry is the increasing number of pet owners in the country. This growing pet population is creating new opportunities for companies that offer pet food, grooming, and healthcare products and services.

One of the key challenges facing the industry is the lack of regulatory oversight. The absence of clear guidelines and standards for pet food and other pet care products has led to concerns about the safety and quality of these products. Additionally, the lack of skilled professionals in the industry, such as trained veterinarians and pet groomers, is also a challenge that needs to be addressed.

There are several opportunities for companies operating in the Indonesia pet care industry despite the challenges. One of the biggest opportunities is the increasing demand for natural and organic pet products. As many consumers become aware of the potential health benefits of natural and organic pet food, the demand for these products is expected to grow.

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There is a growing demand for high-quality pet grooming, boarding, and healthcare services, which presents an opportunity for companies to invest in developing a network of pet care services.

One of the latest trends in the Indonesia pet care industry is the increasing demand for online sales and delivery of pet products. As eCommerce continues to grow in Indonesia, Several consumers are turning to online platforms to purchase pet products, including food, toys, and grooming supplies. This trend presents an opportunity for companies to invest in developing a strong online presence and delivery infrastructure.

Key Takeaways from the Indonesia Pet Care Market:

  • The Indonesia pet care market is anticipated to contribute a demand share of nearly 1.5% in the global pet care market.
  • Pet food is the dominant product category, accounting for 68.1% of the market in 2022.
  • In terms of service channels, contemporary trade-based retailing held a significant share of more than 31.5% in 2022.
  • According to FMI, the cat segment accounted for around 36.3% of the Indonesia pet care market share in 2022.
  • Pet adoption for companionship is boosting demand for pet care in Indonesia, with 67% of Indonesian households owning pets, with the majority owning cats followed by fish and dogs.

An Overview of the Competition in Indonesia Pet Care Industry

The competition landscape of the Indonesia Pet Care industry is highly fragmented, with a mix of local and international players competing for market share. Some of the key players in the market include PT Japfa Comfeed Indonesia Tbk, Nestle Purina Petcare, Mars, Inc., Royal Canin, the Indonesian Veterinary Medical Association (IVMA), and the Indo Pet Expo.

Industry players offer a range of pet food products, as well as specialized nutrition, grooming, and healthcare services. They differentiate themselves through product innovation, specialization, and investment in the development of a network of pet care services.

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The competition in the market is intensifying, as the Indonesia pet care industry continues to experience growth. This growth is driven by the increasing number of pet owners and their willingness to spend money on high-quality products and services. As such, companies are vying to capture a significant share of the growing market by differentiating themselves and meeting the evolving needs of pet owners in Indonesia. There are also some barriers to enter into the market such as:

  • Regulatory requirements for pet food and healthcare products
  • The need to establish a distribution network for products and services.

The presence of established players with strong brand recognition and customer loyalty can make it challenging for new entrants to gain market share.

Indonesia Pet Care Market by Category

By Service Type:

  • Product
  • Pet Food
  • Wet Food
  • Dry Food
  • Treats & mixers
  • Fresh Food
  • Pet Healthcare
  • Fashion, Toys, and accessories
  • Professional Services
  • Day Care
  • Grooming/Boarding
  • Pet Breeding and Training
  • Value Added Service
  • Insurance
  • Veterinary Care
  • Pharmacy
  • Adoption and Charity
  • Crisis Relief Service

By Pet Type:

  • Dogs
  • Cats
  • Birds
  • Fish and Reptiles
  • Small Pets
  • Horses & Other Livestock

By Service Channel:

  • Modern Trade
  • Convenience Stores
  • Care Services Centers
  • Veterinary Clinics
  • Online Retails
  • Support Care Centers
  • Pet Specialty Stores

Key Developments in the Market: 

  • PT Central Proteina Prima Tbk officially hosted a ceremony in 2021 to mark the first shipment of pet food to the State of Brunei Darussalam, particularly pet food items with the Bolt and Cleo brands. Such an event assists the organization in strengthening its market presence.
  • HAPPY PET Investment Holding GmbH built a new branch in India in July 2022.
  • Nestlé Purina purchased the pet food business Lily Kitchen in 2020.
  • Nestlé Purina introduced its first cat litter in a durable and refillable container in the United States market in 2020.

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