Optic Neuropathy Management Market value of US$ 4.3 Billion in 2023, at a CAGR of 5% in the forecast period 2023 to 2033

According to Future Market Insights, the global Optic Neuropathy Management Market is expected to grow at a CAGR of 5% during the forecast period of 2023 to 2033. The condition can be caused by a variety of factors, including underlying medical conditions such as diabetes, multiple sclerosis, and glaucoma, as well as trauma, infection, and genetic factors.

The global optic neuropathy management market is expected to experience significant growth in the coming years, driven by several factors, including the increasing prevalence of optic neuropathy and underlying medical conditions, advances in technology and research, and growing awareness and understanding of the condition among healthcare providers and the general public.

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The increasing prevalence of these underlying medical conditions, particularly among the aging population, is contributing to a growing demand for innovative and effective treatments for optic neuropathy. In addition, advances in technology and research are leading to the development of new diagnostic tools and treatment options, including gene therapies, stem cell therapies, and neuroprotective agents, which are expected to improve outcomes for patients with optic neuropathy.

The market for optic neuropathy management is also being driven by the high level of awareness and understanding of the condition among healthcare providers and the general public. This has led to increased diagnosis rates and better management of the condition, which is contributing to improved patient outcomes.

Key Takeaways from the Market Study

  • From 2018 to 2022, the optic neuropathy management market grew at a CAGR of 3.2%.
  • The global optic neuropathy management market is expected to grow with a 5% CAGR from 2023 to 2033.
  • As of 2033, the optic neuropathy management market is expected to reach US$ 7 Billion.
  • According to the FMI analysis, the hospital pharmacies segment accounts for the largest market share.
  • North America is expected to possess a 40% market share with respect to optic neuropathy management
  • East & South Asia to collectively account for 1/5th of all optic neuropathy management procedures

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“A series of international level collaborations involving healthcare stakeholders across various institutional settings are fuelling further clinical trials and research studies dedicated to discovering optic neuropathy management,” says an FMI analyst

Market Competition

Key players in the market include companies such as Competition Deep Dive, AbbVie Inc., Eli Lily Company, GlaxoSmithKline, Pfizer Inc., Teva Pharmaceuticals, Bausch Health Companies Inc., F. Hoffmann-La Roche AG, Bayer AG, Sanofi A.S., Bristol-Myers Squibb and Company, along with healthcare providers and technology companies among other global players.

  • In March 2023, Horizon Therapeutics plc released the findings of a study analyzing the real-world use of teprotumumab-trbw (Tepezza, Horizon Therapeutics) in treating Thyroid Eye Disease (TED) patients with dysthyroid optic neuropathy (DON).
  • The study included a majority of patients who had previously not responded to other treatments. DON is a complication of TED that can result in vision loss due to the impairment of visual function caused by thyroid-related optic nerve compression. Teprotumumab-trbw is the only FDA-approved medication for treating TED, which is a rare autoimmune disease that is serious, progressive, and potentially vision-threatening.

More Insights Available

FMI, in its new offering, presents an unbiased analysis of the global optic neuropathy management market, presenting a 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 class (corticosteroids, antimetabolites, anticoagulants, serotonin & norepinephrine reuptake inhibitors, and nonsteroidal anti-inflammatory drugs), route of administration (oral and injectable) and distribution channel (hospital pharmacies, retail pharmacies online pharmacies and drug stores) across seven major regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East & Africa).

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Key Segments Profiled in the Optic Neuropathy Management Industry Survey

Drug Class:

  • Corticosteroids
  • Antimetabolites
  • Anticoagulants
  • Serotonin and Norepinephrine Reuptake Inhibitors
  • Nonsteroidal Anti-Inflammatory Drugs

Route of Administration:

  • Oral
  • Injectable

Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies
  • Drug Stores

Explore FMI’s Extensive ongoing Coverage on Healthcare Domain:

Cardiac Biomarker Diagnostic Test Kits Market: is projected to expand at 5.1% CAGR over the forecast period, from 2022 to 2028.

Cardiac Assist Devices Market: is poised to expand at 5.29% CAGR, reaching US$ 2,062.7 Bn by 2031.

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

About Future Market Insights (FMI)

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

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Barrett’s Esophagus with Dysplasia Treatment Market value of US$ 4.5 million in 2023, at a CAGR of 5.3% in the forecast period 2023 to 2033

The global market for Barrett’s Esophagus with Dysplasia Treatment Market is projected to grow steadily over the next few years. It is likely to reach a valuation of US$ 7.54 million by 2033. The market is driven by increasing awareness about the disease and its treatment options, as well as advancements in technology that have made it easier to diagnose and treat Barrett’s Esophagus. According to a new market research report published by Future Market Insights, the global Barrett’s Esophagus with Dysplasia Treatment market is expected to grow at a CAGR of 5.3% during the forecast period of 2023-2033.

Barrett’s Esophagus is a condition in which the tissue lining the esophagus is replaced by tissue that is similar to the lining of the intestine. This condition is often a result of long-term acid reflux and can lead to dysplasia, which is the abnormal growth of cells. Dysplasia can be a precursor to esophageal cancer, which makes it important to diagnose and treat Barrett’s Esophagus with Dysplasia as early as possible.

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The treatment options for Barrett’s Esophagus with Dysplasia vary depending on the severity of the condition. For patients with low-grade dysplasia, regular monitoring and surveillance is often recommended. For patients with high-grade dysplasia, endoscopic resection and ablation are common treatment options. Other treatment options include surgery, photodynamic therapy, and radiofrequency ablation.

North America is expected to dominate the global market for Barrett’s Esophagus with Dysplasia Treatment during the forecast period. This is due to the high prevalence of Barrett’s Esophagus in the region, as well as the presence of key players in the market. Europe is expected to hold the second-largest market share during the forecast period, followed by the Asia Pacific region.

Key Takeaways from the Market Study

  • From 2018 to 2022, the Barrett’s Esophagus with Dysplasia Treatment market grew at a CAGR of 3.2%.
  • The global Barrett’s Esophagus with Dysplasia Treatment market is expected to grow with a 5.3% CAGR from 2023 to 2033.
  • As of 2033, the Barrett’s Esophagus with Dysplasia Treatment Market is expected to reach US$ 7.54 Million.
  • According to the FMI analysis, the hospitals segment accounts for the largest market share.
  • North America is expected to possess 40% market share for the Barrett’s Esophagus with Dysplasia Treatment market.
  • The East & South Asia market is predicted to increase significantly throughout the forecast period, with a share of 20% during the forecast period.

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“A series of international level collaborations involving healthcare stakeholders across various institutional settings are fueling further clinical trials and research studies dedicated to discovering Barrett’s esophagus with dysplasia treatment,” says an FMI analyst

Market Competition

Key players in the market include companies such as Competition Deep Dive, GlaxoSmithKline plc, Novartis AG, Bayer AG, Eli Lilly and Company, Merck & Co., In, AstraZeneca, Johnson & Johnson Private Limited, Cipla Inc., Abbott, AbbVie Inc., along with healthcare providers and technology companies among other global players.

  • In August 2022, the American College of Gastroenterology has released new guidelines for Barrett’s esophagus, which suggest expanding the screening methods beyond endoscopic procedures, increasing the frequency of surveillance for short-segment Barrett’s esophagus, and implementing volume criteria for endoscopic therapy centers.
  • These guidelines were developed by a team led by Nicholas J. Shaheen, MD, MPH from the University of North Carolina at Chapel Hill, and cover the definition and diagnosis of Barrett’s esophagus, screenings for esophageal adenocarcinoma, surveillance for known Barrett’s esophagus, and medical and endoscopic treatments for Barrett’s esophagus and early neoplasia.
  • The authors emphasize that these guidelines should be used as a support for clinical practice and that healthcare providers should take into account patient-specific medical conditions, health status, and preferences to provide patient-centered care.

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More Insights Available

FMI, in its new offering, presents an unbiased analysis of the global Barrett’s esophagus with dysplasia 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 type, distribution channel, treatment & region.

Key Segments Profiled in the Barrett’s Esophagus with Dysplasia Treatment Industry Survey

Type:

  • Low Grade Dysplasia
  • High Grade Dysplasia

Treatment:

  • Endoscopic Resection
  • Radiofrequency Ablation
  • Esophagectomy
  • Photodynamic Therapy
  • Cryotherapy

Distribution Channel:

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy

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Multiple Unit Pellet Systems Market Sales : The global multiple unit pellet systems (MUPS) market was valued at US$ 3.48 Bn in the year 2021, expanding at a CAGR of 3.5% to reach an ~US$ 5.07 Bn by the end of 2032.

Humeral Implants Market Volume : The global humeral implants market is likely to be valued at US$ 963.8 Million in 2022. From 2022 to 2032, sales of humeral implants are expected to flourish at a 7.1% CAGR, reaching US$ 2,106 Million.

About Future Market Insights (FMI)

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

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Laboratory Supplies Market is projected to grow at a CAGR of 8% by 2032, to reach US$ 81.61 Billion | FMI Project

The global Laboratory Supplies Market is projected to increase at a CAGR of 8% during the forecast period between 2022 and 2032, reaching a total of US$ 81.61 Billion in 2032, according to a report from Future Market Insights (FMI). From 2017 to 2021, sales witnessed significant growth, registering a CAGR of 6%.

Rise in investment for R&D activities by countries, the amalgamation of lab equipment with state-of-the-art technology, and increase in demand for plastics in the healthcare industry due to its advantages over metal and glass, which includes cost-effectiveness, lightweight, versatility, and biocompatibility, are factors driving the market.

Laboratories have developed as multipurpose research facilities in which numerous types of testing mechanisms, research comparisons, and different developments are carried out. This has also led to a rise in the laboratory supply market demand. Moreover, the trend of lab supplies research has been gaining a strong grip over the past decade. This has resulted in the expansion of new laboratories in academic institutions, thereby driving market growth.

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Furthermore, clinical laboratories are also going through major technological developments. With intense research and development going on in the field of personalized medicine and the pathogenesis of diseases, advanced diagnostics procedures and tests are being executed widely. The technological improvements in the laboratory continue to bring real benefits that increase from greater ease of use, speed of analysis, improved safety, higher precision, increased capacity, operational efficiencies, enhanced reliability, and numerous other intangibles.

Key Takeaways from Market Study

  • The equipment segment dominates the market with a share of over 63.4% due to the high costs associated with them
  • The disposables segment is anticipated to witness a rapid growth rate of 8.3% during the forecast period as they help in avoiding contamination and reducing errors in the procedures
  • Among disposables, the tube segment accounts for a maximum share of 19.2%. They are mostly used in laboratories to view, store, and transport samples
  • North America was the leading regional segment in terms of revenue and market share.

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“The demand for laboratory products is rising due to technological advancements in the field of chemical and biological research. The increasing volume of clinical laboratory tests and life science research investigations is driving the demand for laboratory disposable products,” says an analyst at Future Market Insights

Key Market Players

Major players are channelling efforts toward expanding their production capacities to strengthen their market share and cater to the growing demand. Market expansion is anticipated to be aided by the growing number of partnerships and collaborations among key players that are looking to increase their presence in the market. Some of the players in the Laboratory Supplies market are Bio-Rad Laboratories, Inc.; Bruker Corporation; Danaher Corporation; Fujifilm Holdings Corporation (Irvine Scientific Sales Company, Inc.); Agilent Technologies Inc.;  and Others.

  • In March 2022, Precisa Gravimetrics AG introduced their Halo range of sophisticated UV-Vis spectrophotometers GB 30 under the Dynamica brand.
  • In February 2021, INTEGRA Biosciences launched the D-ONE single-channel pipetting module for hands-free transfers from individual tubes or wells using the ASSIST PLUS pipetting robot. This system effectively automates tedious tasks such as serial dilutions, sample normalization, hit picking, or pipetting of complex plate layouts, increasing productivity and reproducibility in the lab while reducing hands-on time, processing errors, and physical strain.

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Key Segments Profiled in the Laboratory Supplies Market Industry Survey

Laboratory Supplies Market By Product Type:

  • Equipment
    • Incubators
    • Laminar Flow Hood
    • Micro Manipulation Systems
    • Centrifuges
    • Lab Air Filtration System
    • Scopes
    • Sonicators And Homogenizers
    • Autoclaves And Sterilizers
    • Spectrophotometer And Microarray Equipment
    • Others
  • Disposables
    • Pipettes
    • Tips
    • Tubes
    • Cuvettes
    • Dishes
    • Gloves
    • Masks
    • Cell Imaging Consumables
    • Cell Culture Consumables

About Future Market Insights (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:

Future Market Insights, Inc.
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Suite 401, Newark, Delaware – 19713, USA
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Silicone Market Projected to Reach US$ 35.4 Billion by 2032

Silicone is an eminent component in various industries, given its umpteen benefits such as high durability, foam control, UV stability, radiation resistance and adhesion. Non-toxicity of silicone drives its application in the food sector where optimum quality is imperative.

Over the last few years, silicone have been a key component in the automobile industry for reducing overall weight of vehicles which further enhances fuel-efficiency.  Further, the excellent properties of silicone allows market players to develop customized solutions as per end users’ requirement.

Global Silicone Market – Growth Drivers

The electronics industry will remain the primary consumer of silicone material, where it is mainly used as a semiconductor.

Owing to high conductivity, silicone materials are used to maximize the performance of several devices such as transistors, printed circuit boards (PCB), and integrated circuits (IC).

With a smooth texture, silicone finds application in the cosmetics industry. Silicone-based cosmetic products are used for hair and skin conditioning. The material works as an emulsifier, which helps in combining other ingredients in cosmetic products.

Going forward, emollient qualities of silicone makes its ideal in production of moisturizers. The global cosmetic industry is estimated to reach US$ 648 Mn, growing at 6% CAGR. Furthermore, silicone sealants are becoming commonplace in construction industry as they offer better characteristics compared to conventional polyurethane (PU) polysulfide, and acrylic sealants.

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Global Silicone Market – Growth Restraints

Fluctuating prices of raw materials are majorly hampering the silicone market growth. Government agencies such as the UK Competent Authorities and the European Chemicals Agency (ECHA) has impose reduction on the usage of cyclosiloxanes D4 and D5, used in cosmetic and personal care industry.

Both the silicone products are expected to be limited to concentration of 0.1% by weight in cosmetic formulations.

In medical sector, silicone are considered medical-grade only if they meet the standards of USP Class V and VI. Furthermore, silicone manufacturers have to fulfil various regulations including, Restriction of Use of Hazardous Substances (RoHS), the Dodd-Frank Act, and the US government’s International Traffic in Arms Regulations (ITAR) for production of silicone rubber used in healthcare sector. The entire process is time-intensive, thus, putting strain on market revenue pool.

Impact of COVID-19 on Global Silicone Market

The COVID-19 pandemic has created a steep downfall in world economy by halting manufacturing processes and disrupting supplies in global trade.

Silicone is commonplace material in several industries – cosmetics, automotive and construction –  as such, drastic reduction in demand from these end-use industries is severely hitting the profit margins of manufacturers.

Consequently, manufacturers are partially or completely halting their production units, further causing turmoil in the supply chain.

On the other hand, demand for silicone from health care sector have seen a significant uptake amid the COVID-19 pandemic. Medical gloves derived from silicone cause none to minimal allergic reactions. Moreover, rising concerns regarding virus spread are fueling the usage of silicone gloves for common use, and this demand will continue for a long period.

Global Silicone Market – Regional Analysis

Asia Pacific (APAC) would remain in the vanguard of the global silicone market both in terms of revenue share and CAGR. The market growth in the region is majorly driven by well-established electronics and automotive industry.

High adoption of renewable energy and fast uptake of electric vehicles (EV) are providing lucrative opportunities for silicone manufacturers. China, Japan, India, and Australia are attracting huge stakeholders’ attention, given presence of large manufacturing sector in these countries.

Emergence of automotive sector in Mexico is driving the silicone market in North America. Rising demand for minimally-invasive surgeries in tandem with well-developed healthcare infrastructure is further propelling the regional market.

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Global Silicone Market – Competitive Landscape

The global silicone market is fairly consolidated comprising limited number of players. These market leaders are continuously focusing upon expansion activities and R&D projects to widen the application of silicone materials. For instance,

  • Wacker Chemie AG (Germany) and Shin-Etsu Chemical Co. Ltd. (Japan) are expanding their manufacturing units in APAC, owing to low cost production and cheap labors.
  • In June 2020, Shin-Etsu developed a new technology – Reduced-Platinum Reaction Curing System Technology – for reducing the usage of platinum in silicone release coatings.

Players in global silicone market includes

  • Shin-Etsu
  • Ashland
  • Momentive
  • Kemira
  • Dow Corning
  • Evonik
  • Wacker Chemie.

Region

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Report Highlights

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

Global Silicone Market – Segmentation

The global silicone market is segmented on the basis of following,

By End Users

  • Construction
  • Automotive
  • Industrial Application
  • Other

By Curing Method

  • Acetoxy
  • Oxime
  • Alkoxy
  • Others

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:

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High Temperature Ceramics Market Expected to Grow at a CAGR of 7.1%, reaching US$ 9.27 billion by 2032

The global high temperature ceramics market was estimated to be worth US$ 4.67 billion in 2022. Ceramics are covalent compounds containing metal and non-metal atoms primarily held in covalent and ionic bonds. Generally, ceramics are made by taking mixtures of earth elements, powders, water and clay. This mixture is shaped into the desired form and is then fired in a high temperature oven. Ceramics are then painted with glazes which are waterproof and decorative. At elevated temperature, ceramics have high hardness, high melting points, excellent chemical corrosion resistance and good mechanical properties.

Some ceramics are good dielectrics or insulators, whereas others are good electrical or thermal conductors. Ceramics are widely used in our daily life. Glass, plates, bricks, tiles and sanitary ware are some examples of the ceramics we see every day. Ceramics can also be found in products like automobiles (sparkplug), phone lines and watches. They are even used in space shuttles and aircrafts. Ceramics can be broadly classified into two categories: traditional and advanced. Traditional ceramics include clay products such as cement and glass, whereas advanced ceramics consist of pure oxides, nitrides, carbides and many others.

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Advanced ceramics are widely used in industrial applications where the operating temperature is generally high or which require hard substances that can withstand great pressure. Ceramics offer various advantages compared to other materials.  Ceramics are more corrosion and heat resistant than polymers or metals, stiffer and harder than steel, and have a lower density than most alloys and metals. Raw material for advance ceramics materials are plentiful, inexpensive and display wide range of properties.  For automotive applications, they are used in various applications like airbag sensors, spark plugs, valves, vibration sensors, pressure sensors, oxygen sensors, thermistors, catalytic converters, ceramic rotors, ceramic filters piston rings and safety glass windshields.

The different types of high temperature ceramics include ceramic matrix composites and ultrahigh temperature ceramic coatings. Advanced high temperature materials are key components in the emerging material technologies, which are giving impetus to many industries. The global high temperature ceramics market is driven by several factors like replacement of materials for the sake of creating cost effective solutions, the growing demand for energy conservation across various industries, and government regulations to reduce greenhouse emissions.

The global high temperature ceramics market is led by AsiaPacific (APAC) which accounts for over 40-45% of the total consumption by volume. The cost of high temperature ceramics in APAC is lesser than that in Europe, North America or Latin America. In terms of revenue, North America is the largest market followed by APAC and Europe. The cost of high temperature ceramics is expected to remain low for the next few years in the APAC region. Due to government regulations and incentives offered for sustainability and energy conservation, North America and Europe are expected to offer significant growth opportunities for the high temperature ceramics market.

On the basis of industry applications, the global high temperature ceramics market is segmented into automotive, aerospace, chemical processing, metallurgical, power generation and others. Some of the most common applications of high temperature ceramics are afterburners, boilers, castings, exhaust stacks, flanges, furnaces, headers, incinerators, manifolds, molds and dies, ovens, heat exchangers, pumps, blowers, pipingand ducting. In the aerospace industry, high temperature ceramics are used in cutting edge applications, which require structural and chemical stability at extremely high operating temperatures. On the basis of composition, the high temperature ceramics are segmented into oxides (alumina, zirconia), non-oxides (carbides, nitrides) and composites (combination of oxides and non-oxides).

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There are many global and regional players operating in the high temperature ceramics market especially in APAC. Some of the key participants are Morgan Thermal Ceramics, ZIRCAR Ceramics, Inc., Skamol A/S, Promat International, IBIDEN Company Ltd., Rath Incorporated, General Insulation Europe Ltd., Unifrax Corporation, and Shandong Luyang Share Co. Ltd.

In future, the understanding and controlling behavior of the microstructures and properties of high temperature ceramics are expected to be key elements in research activities. This research will further increase the operating temperature limits of existing high temperature ceramics.

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 usinga suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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

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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Asia Pacific Bio Composites Market expected to be worth US $27,817.3 Million by 2032

According to FMI, the Asia-Pacific Bio Composites market is estimated to be valued at US$ 8,603.5 Mn in 2022 and is projected to increase at a CAGR of 13.4% in the forecast period. Bio composites or green composites are formed by a biopolymer matrix and reinforcement of natural fibres. Someare degradable materials, but this is rare.Increasing concerns for the environment is a major driver of the bio composite market. Need for green composites is driven by depleting natural resources like crude oil (crude oil is a major component of non-bio composites), focus on reducing environmental pollution levels and utilization of agricultural waste. Natural fibres used in bio composites include natural fibres like Jute,wood flour, sugarcane bagasse, oil palm fibre,rice husk etc.

Natural fibre reinforced polypropylene (PP) composites have gained popularity for commercial use in the automotive industry. The advantages of natural fibres over manmade glass fibre include reduced cost, low density, distinct mechanical properties, less energy consumption etc. Automakers are currently shifting towards bio composites as natural fibres like hempare tougher than steel and is also cost-effective in terms of production. Bio composites are also used in the construction and marine sectors as it is easily mouldable and rigid in nature.

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In terms of revenue, the global polymer market was estimated to be US$ 250 billion in 2013. Projections suggest that the market will reach US$450 billion by 2025. On the other hand, globalmarket of  bio-based polymer  is expected to grow  at a CAGR of 10% – 11.5%. Increase in demand for bio composites is expected from regions of Asia Pacific, due to increasing construction, manufacturing and automotive sectors. Asia-Pacific is also estimated to be the largest automotive composite market with total share of around 43% globally. Asia-Pacific is turning into a hub for bio composite manufactures and is expected to report a high demand for bio composites over the coming years.

Commercial and residential construction industry in APAC is flourishing and bio composite is preffered for manufacturing are used industry is assured to play a major role in it due to increasing environmental concerns, stringent government regulations and as a social responsibility.

The key players in the market are divided into two groups which are bio composite manufacturers and bio composite suppliers. The main producers of natural fibre composites in the market are Flexform Technologies, Technaro GmbH, Procotex S.A. Corporation NV and Greengran B.V. The prominent suppliersof natural fibre composites are Stemergy, Bast Fibers, LLC and Crailar.

Many companies offering bio composites are aggressively trying to enhance their product portfolio to meet customer requirements and explore untapped markets. The bio composite market in APAC is highly fragmented and existing players try to develop partnership agreements amongst themselves and with smaller companies.

After a decade of extraordinary developments with regard to artificial fibres, bio composites have garnered high interest from the automotive sector, especially for interior and exteriors of automobiles. Social concerns, depleting carbon resources and ecological regulations have initiated the search for new products and processes that are environment friendly. The combination of natural fibres and composites can reduce dependence on petroleum-based composite material. Bio composites could ultimately replace petroleum-based composite material in various applications areas such as automotive and construction.

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This could also offer new manufacturing and environmental benefits. Increasing use of bio composites can help maintain CO2 balance in Earth’s atmosphere. Awareness with regard to the environment and new government regulations like CAFÉ (Corporate Average Fuel Economy), new national and state emission standards will catalyze increased research for eco-friendly products in the application industry. As bio composites are produced from renewable sources such as wood pulp, jute fibers, cellulose fiber etc., it is imperative that the cost of raw materials will be stable in coming years. In addition to this high volume production of bio composites will also minimize the production cost, thus market prices of bio composites.

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 and projections with a suitable set of assumptions and methodology. The report provides analysis and information by categories such as market applications and region. It covers exhaustive analysis on:

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

Regional analysis includes

  • Greater China
  • India
  • ASEAN
  • Australia & New Zealand
  • Others

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

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

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.

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Clinical Decision Support Systems Market is anticipated to be valued at US$ 14.69 billion by 2033, at a CAGR of 10.4% | FMI

During the forecast period, the global Clinical Decision Support Systems Market is expected to grow at a slow pace of 10.4%. In 2023, the clinical decision support systems market is currently valued at $5.46 billion USD. The clinical decision support systems market is expected to be worth US$ 14.69 billion by 2033.

Furthermore, clinical decision support solutions heavily rely on local knowledge management that may incur substantial running expenses owing to the massive amounts of processing power and storage space that may have been required. Unlike locally hosted apps, cloud-based ones are hosted on remote servers and don’t necessitate a lot of processing power or storage space on the user’s end.

The growth of the cloud-based sector of the market is massively being fueled by surging healthcare costs and the widespread use of cloud computing. Governments across Europe are taking significant steps to encourage the expansion of healthcare IT.

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According to a report, in February 2021, approximately two million National Health Services (NHS) mail mailboxes were migrated to Exchange Online, which is a part of Microsoft’s Azure Cloud, as part of the UK government’s aim to embrace a fully linked cloud-driven health service. Staff across NHS organizations and departments is expected to be able to communicate with one another more effectively and have easier access to relevant data as a result of this. Attributed to this, the urgency for HCIT Change Management services in the United Kingdom is most likely to rise, driving the industry forward.

On the basis of design, cloud-based apps are more secure as compared to their web-based counterparts since they do not depend upon any browsers. The processing nodes of cloud-based clinical decision support solutions reside on distant servers, which may be in several different data centers across the world. Over the forecast period, cloud-based CDSS adoption is likely to surge in tandem with the proliferation of cloud technologies due to their many advantages.

Key Takeaways

  • Another developing pattern in CDSS products is offering access to various media outlets. The social media data acquired for patients with chronic diseases have been included within the cloud-based Smart Clinical Decision Support System (Smart CDSS) established by independent researchers. This information is combined with various clinical observations from actual patient experiences. Patient health, mood, and hobbies are tracked through their social media activity by the system. It comprises patient-specific information from Twitter, e-mail analysis, and other social media platforms by searching for keywords, concepts, and feelings. As a result, doctors can make treatment decisions based on the individual patient’s behavior and way of life. The data is then used by the Smart CDSS to make personalized suggestions for each patient.

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  • Powerful IT infrastructure and support are required from both inside the company and the solution vendor for the effective use of healthcare IT solutions. A healthcare business must have reliable technical assistance to keep its server and network running flawlessly, which is crucial for clinical workflows and healthcare IT system interface performance. Poor server or network maintenance is responsible for causing screen loads, which in turn can impede down clinical workflow. Adoption and deployment of health information technology systems, whether cloud-based or installed on-premises are hampered by a lack of educated and qualified labor in key markets.

Competitive Landscape

As is the case with several industries, competition in the global demand for clinical decision support systems is also fierce. In order to stand out from the crowd, key market players are focusing on creating new products, developing improved versions of existing ones, merging with others, and forming strategic alliances. Some of the latest advances include the edition of socioeconomic determinants of health and appropriate telehealth use which are just a few of the evidence-based content updates among others.

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Key Segments in the Clinical Decision Support Systems Market

Product:

  • Integrated CPOE with CDSS
  • Integrated EHR with CDSS
  • Standalone CDSS
  • Integrated CDSS with CPOE & EHR

Application:

  • Drug allergy alerts
  • Drug-drug interactions
  • Clinical reminders
  • Clinical guidelines
  • Drug dosing support
  • Others

Delivery Mode:

  • Web-based Systems
  • Cloud-based Systems
  • On -premises Systems

Component:

  • Hardware
  • Software
  • Services

About Future Market Insights (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:

Future Market Insights, Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Sales of Automotive Roof Rails Market to Reach US$ 4.78 Billion by 2033

Automotive roof rails are mounted on top of the vehicle which used to carry bulk cargo, sporting gears such as bicycles and skis and other oversized items on the roof of the vehicles. Roof mounts are fixed on these rails with the help of the mounting points.

The most common version of roof rail has two cast supports with an extruded aluminum bar between them which are joined to the extruded bar by mechanical joining or by adhesive bonding.

Whereas the modern roof rails are integrated to the end supports with the extrusion and thus eliminate the cast supports. This reduces the number of parts and enhances the aesthetics of the vehicles.

Extrusion based aluminum alloy roof rails are mostly used because they enable low cost, low weight and high strength designs.

Automotive Roof Rails Market: Dynamics

The needed provision of luggage storage other than interior trunk of passenger cars is understood to be the pivotal factor in the growth of Automotive Roof Rails market.

Another major driver is also due to increasing preference for lightweight parts and improved exterior aesthetic appearance of the vehicle. In lieu of the same, the development of new materials and custom designs is further propelling the market growth.

For instance, flush rails have greatly improved the aesthetics and reduced the weight of the vehicles which in turn have boosted the demand.

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However, the growth of automotive roof rails may be restrained to only certain vehicle models. Another reason of restrained demand of automotive roof rails is due to lower adoption rate in certain regional markets where per capita spend on car accessories is less.

The major opportunity is the valuable product design competence to cater the consumer preferences. The growing electric vehicle market is expected to provide significant opportunity for the growth of automotive roof rails market.

The key trend employed by market participants of automotive roof rails is optimization of product design and aesthetics improvement at affordable cost.

The Covid-19 pandemic has shaken down the worldwide economy manufacturing sector of both emerging an advanced economies alike and it has seriously affected the automotive business.

This has prompted considerable stoppage in spending in the first half of the year 2020 resonating through each segment of the economy. Part of assembling organizations had flexibly fixed interruptions because of lockdown.

For example, the UK, France, and Spain, which represent critical vehicle deals in Europe, is seriously affected by pandemic. Production lines of tier 1 and tier 2 suppliers have stopped. In addition, legal and trade restrictions, for example, sealed borders, increased the deficiency of required parts.

Such disturbances led to the disruptions in OEMs supply chains globally.  Full fledge recovery is anticipated to be seen by mid-2022 as the governments across the world will enforce strong policies to minimize the impact of the pandemic on the economy.

Automotive Roof Rails Market: Regional Outlook

Asia Pacific is anticipated to account for a major share due to the higher production of vehicles in the region. India and China are the key examples with the rising disposable income of the population resulting in the healthy sales of automotive roof rails.

In addition, the automobile production is also increasing due to rising investment in the production capacity and investment by European and North American car manufacturers in the region.

For instance in 2018, Volkswagen Group announced to invested USD 1.12 billion in India to expand its presence in the country. Europe is another major market which accounts for 25% of the global passenger car production as per European Automobile Manufacturers Association (AECA).

The region also has prominent car manufacturers such as BMW AG, Daimler AG, and AUDI AG which are at the forefront in terms of technological innovations.

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Automotive Roof Rails Market: Key Participants

Some of the market participants in the global Automotive Roof Rails market, identified across the value chain include:

  • VDL Hapro B.V.
  • Thule Group
  • BOSAL
  • Magna International
  • Inc., Rhino-Rack
  • MINTH Group Limited
  • JAC Products
  • Cruzber S.A.
  • Yakima Products Inc.
  • Atera GmbH

The research report on the Automotive Roof Rails market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

The Automotive Roof Rails market report also contains projections using a suitable set of assumptions and methodologies.

The report provides analysis and information according to market segments such as geography, type, material, vehicle type and sales channel.

The global Automotive Roof Rails market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment.

The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

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

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.
Christiana Corporate, 200 Continental Drive,
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T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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World Levothyroxine Sodium Market Size by 2028: Global Demand and Regional Analysis

As per the recent research conducted by a leading market insights provider FMI, the global Levothyroxine Sodium market will expand at a healthy CAGR over the forecast period between 2022 and 2028. The aim of this study is to analyze key market dynamics affecting the sales of Levothyroxine Sodium and provide vital insights to business owners to get benefited from forthcoming opportunities.

The report conducts an in-depth analysis into factors affecting the change in consumer behavior and purchasing patterns. It highlights the key growth prospects for the demand and sales across seven major regions. It also provides refines sales projections and assist market players in identifying the remunerative segments among the verticals.

Upsurge in the Trend of Green Chemistry to Facilitate the Growth in the Levothyroxine Sodium Market

Governments of several countries are emphasizing on implementing regulations on chemicals that are hazardous for environment, owing to the rising concerns regarding environment sustainability. Hence, growing trend of green chemistry or sustainable chemistry is being witnessed across the chemical industry.

Citing this trend, chemical manufacturers are reviewing their business strategies and shifting their focus towards adopting eco-friendly practices for the production of sustainable alternatives or less toxic chemicals. This is expected to favor the growth in the Levothyroxine Sodium market.

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Key Levothyroxine Sodium Market Takeaways and Projections

  • The U.S. will lead the North America Levothyroxine Sodium market, projecting the fastest growth in the region between forecast period
  • Germany will collectively hold the largest share in the Europe market over the assessment period.
  • India will emerge as a highly remunerative market in South Asia, contributing significant revenue share in the region through forecast period.
  • China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
  • In terms of segments, will hold the lion’s share in the market, expanding at a robust CAGR during the next ten years.

Competitive Landscape Analysis

The survey offers insights into critical trends and opportunities across technology industry and studies their impact on demand-supply forces in the Levothyroxine Sodium market.

Key Development in the Competitive Landscape

Lannett Company, Inc. and Amneal Pharmaceuticals recently entered a distribution agreement, with Amneal taking over marketing and distribution of Lannett’s Levothyroxine sodium tablets, effective from December 1, 2018 till the mid-March 2019. In another development, Amneal recently announced a 10-year license and supply agreement with Jerome Stevens Pharmaceuticals, Inc. for the former’s levothyroxine sodium tablets, beginning March 23, 2019.

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Geographical Assessment of the levothyroxine sodium market includes:

  • North America (Canada, U.S) levothyroxine sodium market
  • Latin America (Mexico, Brazil, and Rest of Latin America) levothyroxine sodium market
  • Western Europe (Germany, Italy, U.K, France, Nordic countries, Netherlands, Spain, Luxembourg, Belgium, and Rest of Western Europe) levothyroxine sodium market
  • Eastern Europe (Poland, Russia, and Rest of Eastern Europe) levothyroxine sodium market
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand) levothyroxine sodium market
  • Japan levothyroxine sodium market
  • Middle East and Africa (GCC, South Africa, and Rest of MEA) levothyroxine sodium market

Why Buy FMI’s Report?

  • Extensive analysis on high growth niche markets across major regions
  • Detailed assessment on key segments and sub-segments
  • Recent and upcoming strategies tracked of manufacturers for the Levothyroxine Sodium market
  • Reliable information on new product launches, technological advancements, and more
  • Valuable insights on the impact of regulatory framework on the global Levothyroxine Sodium market

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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World Polycarboxylate Ether Market Share by 2028: Upcoming Trends and Analysis

As per the recent research conducted by a leading market insights provider FMI, the global Polycarboxylate Ether market will expand at a healthy CAGR over the forecast period between 2022 and 2028. The aim of this study is to analyze key market dynamics affecting the sales of Polycarboxylate Ether and provide vital insights to business owners to get benefited from forthcoming opportunities.

The report conducts an in-depth analysis into factors affecting the change in consumer behavior and purchasing patterns. It highlights the key growth prospects for the demand and sales across seven major regions. It also provides refines sales projections and assist market players in identifying the remunerative segments among the verticals.

Upsurge in the Trend of Green Chemistry to Facilitate the Growth in the Polycarboxylate Ether Market

Governments of several countries are emphasizing on implementing regulations on chemicals that are hazardous for environment, owing to the rising concerns regarding environment sustainability. Hence, growing trend of green chemistry or sustainable chemistry is being witnessed across the chemical industry.

Citing this trend, chemical manufacturers are reviewing their business strategies and shifting their focus towards adopting eco-friendly practices for the production of sustainable alternatives or less toxic chemicals. This is expected to favor the growth in the Polycarboxylate Ether market.

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Key Polycarboxylate Ether Market Takeaways and Projections

  • The U.S. will lead the North America Polycarboxylate Ether market, projecting the fastest growth in the region between forecast period
  • Germany will collectively hold the largest share in the Europe market over the assessment period.
  • India will emerge as a highly remunerative market in South Asia, contributing significant revenue share in the region through forecast period.
  • China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
  • In terms of segments, will hold the lion’s share in the market, expanding at a robust CAGR during the next ten years.

Competitive Landscape Analysis

The survey offers insights into critical trends and opportunities across technology industry and studies their impact on demand-supply forces in the Polycarboxylate Ether market. It also profiles a list of prominent companies including Arkema, BASF SE, Finnsementti Oy, Sintez Kimya, KG Chemical Corporation, KZJ New Materials Group Co., Ltd., Himadri Speciality Chemical Ltd., Ruia Chemicals Pvt. Ltd., Sakshi Chem Sciences Pvt. Ltd., B & B Specialities (India) Pvt. Ltd., ASP Chemisch, CICO Technologies Limited, and others.

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Polycarboxylate Ether Demand Analysis by Category

Based on product form, the global polycarboxylate ether market has been segmented into:

  • Solids
  • Liquids

Based on grade, the global polycarboxylate ether market has been segmented into:

  • Technical
  • Industrial

Based on application, the global polycarboxylate ether market has been segmented into:

  • Concrete Admixtures
  • Precast Concrete
  • Others

Why Buy FMI’s Report?

  • Extensive analysis on high growth niche markets across major regions
  • Detailed assessment on key segments and sub-segments
  • Recent and upcoming strategies tracked of manufacturers for the Polycarboxylate Ether market
  • Reliable information on new product launches, technological advancements, and more
  • Valuable insights on the impact of regulatory framework on the global Polycarboxylate Ether market

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.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
LinkedIn| Twitter| Blogs