Cancer Tissue Diagnostics Market is anticipated to reach a valuation of US$ 10.04 Billion and grow at 6.6% CAGR from 2022 to 2032

The Global Cancer Tissue Diagnostics Market is estimated to be worth US$ 5.3 billion by 2022, growing at a moderate CAGR of 6.6% between 2022 and 2032. The cancer tissue diagnostics market is expected to be worth approximately US$ 10.04 billion by the end of 2032.

The global cancer tissue diagnostics market looks promising for several reasons. These include the increasing prevalence of cancers of all types, rising demand for preventative health services, the proliferation of digital pathology applications, the escalation of cancer awareness campaigns, the creation of more efficient diagnostic and monitoring tools, and the general improvement in diagnostic accuracy.

The high cost of diagnostic methods and a lack of skilled and professional personnel in the cancer tissue diagnostics market are anticipated to restrain the growth of the global cancer tissue diagnostics market during the forecast period. Immunohistochemistry (IHC) has the greatest cancer tissue diagnostics market share in 2019 due to its widespread use in cancer treatment and therapy research and development. Because of the distinct differences, it reveals between tumour types, IHC is generally favoured over traditional enzyme staining techniques. While traditional approaches can only pick up on a small subset of tumour-specific tissue structures, enzymes, and proteins.

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The field of digital pathology in the cancer tissue diagnostics market is anticipated to expand at a rate higher than any other during the predicted time frame. One of the primary forces propelling the category forward is the rising popularity of whole-slide imaging (WSI) among practising pathologists. To further aid in cancer diagnosis and give informative clinical measures for tumours, WSI can extract and quantify individual aspects of tumours.

Key Takeaways

  • The cancer tissue diagnostics market is anticipated to reach a valuation of US$ 10.04 Billion by 2032.
  • North America held 45.9% of the cancer tissue diagnostics market in 2020. Because of the high overall cancer incidence rate and public programmes to lower cancer rates and raise demand for alternative cancer diagnostics.
  • Germany has the most developed cancer tissue diagnostics market in Western Europe and is projected to maintain its dominance. The expansion is driven by Germany’s established manufacturing centres and public awareness of early cancer detection.
  • Growth in personalised cancer diagnosis and treatment, improvements in imaging technology, and rising cancer incidence rates are all factors fuelling the cancer tissue diagnostics market expansion.

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Competitive Landscape

In response to rising demand, leading firms in the field of cancer tissue diagnostics are focusing more resources on digital pathology. This is anticipated to encourage technology suppliers and digital pathology platforms to create strategic alliances in the worldwide cancer tissue diagnostics market.

In July of 2020, Koninklijke Philips N.V., a Dutch multinational conglomerate corporation and one of the world’s largest electronics companies with a focus on health technology, announced that it had partnered with Proscia Inc., a Philadelphia-based provider of digital pathology platform, to establish an open ecosystem for diagnostic laboratories to boost and scale their operations on the platform of digital pathologies.

As a result of this collaboration, Philips’ iSyntax picture format is likely to be made available on Proscia’s Concentriq digital pathology platform, and Proscia’s suite of AI modules will be integrated into the Philips Pathology SDK software toolset.

In June of 2020, F. Hoffmann-La Roche AG, a Swiss pharmaceutical and diagnostics company, will release the CE-IVD version of its state-of-the-art, fully automated digital pathology platform uPath PD-L1 (SP263) for studying non-small cancer lung cells. (NSCLC).

According to the company, the decision was driven by the need to improve consistency and trustworthiness in diagnostic labs using artificial intelligence-driven image analysis tools.

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Cancer Tissue Diagnostics Market by Segmentation

By Test Type:

  • Immunohistochemical (IHC) Test
  • Breast Cancer
  • Stomach (Gastric) Cancer
  • Colorectal Cancer
  • Prostate Cancer
  • Others
  • In Situ Hybridization (ISH) Test
  • Breast cancer
  • Non-Small Cell Lung Cancer (NSCLC)
  • Bladder Cancer
  • Others

By Region:

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

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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.

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Optical Coherence Tomography Market is expected to reach US$ 3.0 Billion by 2032 with sales to increase at 9.8% CAGR

According to estimates, the global Optical Coherence Tomography Market will be worth US$ 1.1 billion in 2021 and US$ 1.2 billion in 2022. Due to the expanding use of optical coherence tomography in clinical and industrial applications, it is anticipated that the global demand for the technology will rise at an exceptional CAGR of 9.8% from 2022 to 2032, reaching over US$ 3.0 Bn by the end of that year.

The global market for optical coherence tomography, which Future Market Insights estimates to be worth over US$ 1.1 billion in 2021, is anticipated to grow at a CAGR of 9.8% during the time of the forecast (2022-2032).

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Systems for optical coherence tomography have many uses in the technical, non-technical, and medical fields. Key manufacturers are concentrating on innovations to retain the new application specifications of their products in light of the growing uses, hence keeping a strong portfolio.

The development of intelligently made devices is receiving a boost from the incorporation of automated technology for early illness indication. The market value of optical coherence tomography systems will increase as a result.

According to FMI, the high cost of equipment construction and maintenance as well as the need for qualified personnel to operate such systems may limit the market’s overall growth.

However, growing research efforts to expand the capabilities of various device characteristics to cover a variety of applications, together with the granting of pre-market clearances for such devices and systems, is expected to boost OCT system sales across the globe.

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Key Takeaways from Market Study

  • Based on product type, fourier domain optical coherence tomography (FD-OCT) systems are expected to hold over 66.6% market value share by the end of 2032.
  • Clinical applications held a market share value of 63.4% in 2021 owing to growing rate of eye disease and need for advanced clinical set up for patients.
  • In terms of scanning speed, the 32000 A-scans/sec segment held maximum market share value of 15.6% in 2021.
  • Healthcare settings held a market share value of 62.7%in 2021 and the trend is likely to continue in the future owing to the growing patient pool within the healthcare settings
  • North America is slated to be the largest leading region with a value share of 44.2% at the end of the forecast period.“Wide applications of OCT systems within the medical sphere has encouraged the adoption of optical coherence tomography systems over the globe” says an analyst of Future Market Insights.

Market Competition

Key companies are rapidly advancing towards the design and development of OCT systems which will promote larger precision and lower time-related analysis of disease during, thus determining accuracy with swift metrics on patient health.

  • In November 2020, NIDEK Co. Ltd. launched a Mirante SLO model with advanced functionality and imaging capabilities.
  • In June 2021, Excelitas Technologies announced the acquisition of PCO AG to expand its portfolio of sensing, illumination, and optical products.

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What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the optical coherence tomography market in its latest study, presenting historical demand assessment of 2017 – 2021 and projections for 2022 – 2032.

The research study is based on the product (time-domain (TD-OCT) systems and Fourier domain optical coherence tomography (FD-OCT) Systems (spectral domain-OCT and swept source-OCT)), application (clinical(ophthalmology, cardiovascular, dermatology and dental) and industrial (non-destructive testing, industrial quality control and others)), scanning speed (400 A-scans/sec, 4000 A-scans/sec, 20000 A-scans/sec, 32000 A-scans/sec, 40000 A-scans/sec, 70000 A-scans/sec, 80000 A-scans/sec, 100000 A-scans/sec and 250,000 A-scans/sec), end user (healthcare settings (hospitals, ambulatory surgical centres and specialty clinics), food industry, semiconductor industries, chemical & polymer industries and automotive industry) and across seven key regions of the world.

Key Market Segments Covered in Optical Coherence Tomography Industry Research

By Product:

  • Time-Domain Optical Coherence Tomography (TD-OCT) Systems
  • Fourier Domain Optical Coherence Tomography (FDOCT) Systems
    • Spectral Domain-OCT
    • Swept Source-OCT

By Application:

  • Clinical
    • Ophthalmology
    • Cardiovascular
    • Dermatology
    • Dental
  • Industrial
    • Non-destructive Testing
    • Industrial Quality Control
    • Others

By Scanning Speed:

  • 400 A-scans/sec
  • 4000 A-scans/sec
  • 20000 A-scans/sec
  • 32000 A-scans/sec
  • 40000 A-scans/sec
  • 70000 A-scans/sec
  • 80000 A-scans/sec
  • 100000 A-scans/sec
  • 250,000 A-scans/sec

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By End User:

  • Healthcare Settings
    • Hospitals
    • Ambulatory Surgical Centres
    • Specialty Clinics
  • Food Industry
  • Semiconductor Industries
  • Chemical & Polymer Industries
  • Automotive Industry

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.

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Industrial Cooling Systems Market is Expected to Reach a Strong Valuation of US$ 37.92 Billion from 2023 to 2033 | FMI Study

According to the most recent market estimate from Future Market Insights, the global industrial cooling systems market will be worth US$ 20.98 billion in 2023. During the forecast period, the market is expected to grow at a CAGR of 6.1%.

Stringent environmental laws, greater investment in the chemical industry, and rising demand for energy-efficient systems all give a new viewpoint for the industrial cooling systems market. Furthermore, nuclear and thermal energy facilities are seeing an increase in demand for industrial cooling systems.

The rise of the industrial manufacturing sector has increased demand for industrial cooling systems in all key growing countries. These systems must keep the required temperature for chemical reactions.

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Between 2023 and 2033, market participants would benefit from advancements in industrial cooling systems, the expansion of governmental policies for sustainable systems, and sizable investments in R&D activities that further improve applications. Future industrial cooling systems sales are predicted to rise due to strict environmental regulations and rising consumer awareness.

Since industrial cooling systems are expensive and have high installation and maintenance costs, the demand for them confronts major obstacles. The higher operational costs are brought on by inadequate infrastructure for installing and running industrial cooling systems.

Key Takeaways

  • The industrial cooling systems market is likely to have a CAGR of 6.1% during the forecast period.
  • Historically, the industrial cooling systems market had a CAGR of 5.5% between 2018-2022.
  • The value of the industrial cooling systems market is expected to be US$ 37.92 billion by 2033.
  • Based on type, evaporation cooling systems hold 35% share of the industrial cooling systems market by 2033.
  • Based on function, the transport cooling segment is anticipated to experience the highest CAGR of 5.9% over the projection period.
  • With a CAGR of 5.9% throughout the forecast period, US market participants are significantly boosting the demand for industrial cooling systems.
  • From 2023 to 2033, the industrial cooling systems market in China is anticipated to expand at a CAGR of 8.5%.
  • During the predicted period, the UK is forecast to expand at a CAGR of 5.7%, and is estimated to be valued US$ 5.55 billion by 2033.

Competitive Landscape

Many well-known companies are vying for market supremacy in the intensely competitive market for industrial cooling systems. These companies are working hard to develop cutting-edge, energy-efficient products in order to gain a market advantage.

A lot of new players are also entering the market, such as Enertech Industries, LLC and Cooling Systems, Inc., who are offering their customers customized and specialized cooling solutions.

These companies are making investments in R&D to develop new products and technologies in order to broaden their product offerings. Businesses are focusing on strategic alliances and collaborations as a way to expand their market penetration.

Recent Developments:

  • Johnson’s Controls revealed the opening of an R&D and testing facility in the US in April 2018. The company is now able to supply the HVAC sector with cutting-edge and outstanding products thanks to the expanded facilities. Companies also provide a variety of product categories across different industries.
  • On September 1st, 2000, SPX Cooling Technologies unveiled the Marley BasinGard filters for cooling towers. By removing debris, fibers, and pipe rust, the BasinGard filter protects the hot water reservoir’s flow inside the cooling tower.

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Key segments

By Product Type:

  • Hybrid Cooling
  • Water Cooling
  • Air Cooling
  • Evaporative Cooling

By Function:

  • Transport Cooling
  • Stationary Cooling

By End-User:

  • Utility and Power
  • Chemical
  • Food & Beverage
  • Chemical
  • Pharmaceutical
  • Oil and Gas
  • Others

By Region:

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

About Us

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

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Loading Spout Market Size to Reach a High Valuation of US$ 5,830 Million from 2022 to 2032, Says FMI

The global loading spout market is currently valued at US$ 3,495 Million and is anticipated to expand at a CAGR of 5.25%. Owing to the growing support from various governmental organizations, the market is likely to propel to US$ 5,830 Million by 2032.  Heavy-duty loading spouts and standard-duty loading spouts are witnessing high demand in the loading spouts industry.

This is attributed to the functions of loading spouts used to fill different types of material in different end-use industries such as the food & beverage industry, mining, oil & gas, etc. Rising concern about health issues due to excess pollution is projected to bolster the sales of the loading spout market over the coming years. Further, rising demand from end-use industries, including food and beverage, chemicals, and others, for heavy-duty loading spouts is expected to drive sales of loading spouts over the forecast period.

The rising concerns over product contamination, which has led to an increase in the use of loading spouts that help reduce spillage during transport, and the rapid growth of the e-commerce sector, especially in developing countries, is expected to boost the demand for loading spout market over the forecast period.

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Key Takeaways from the Market Study

  • As of 2022, the loading spout market was valued at US$ 3,490 Million
  • From 2022 to 2032, the wastewater treatment chemicals industry is poised to grow at a 5.25% CAGR
  • By 2032, loading spout market is slated to reach a valuation of US$ 5,830 Million
  • By end-use, the food & beverage segment accounted for the largest share of 4.9% and is expected to continue this trend over the forecast period.
  • China is poised to yield a CAGR of 4.9% with respect to loading spout in 2032

“Stringent government regulation and increased application in end-use industries like chemical, mining, oil & gas are expected to radically transform the loading spout market in the coming years,” comments an analyst at FMI.

Competitive Landscape

Beumer Group, DCL, Inc., Erhard Muhr GmbH, HENNLICH s.r.o., Midwest International, PEBCO, Salina Vortex Corporation, SLY INC., Wamgroup S.p.A., and Polimak are some of the key companies in the loading spout market.

Manufacturers across the globe use CAD (Computer Aided Design) and CAM (Computer Aided Manufacturing) to develop highly efficient loading spouts. These advanced manufacturing technologies ensure high durability, speed and accuracy, strongly focused on providing cost efficient equipment. This innovative manufacturing approach is likely to boost the loading spout market growth.

These players are continuously adopting various strategies such as new product launches, facility expansions, mergers, collaborations, partnerships, and acquisitions to increase their revenue share and gain a competitive edge in the market. for instance,

  • In June 2022 – The FAM Group of Magdeburgy is owned by the BEUMER Group, Beckum. BEUMER is an international leader in the manufacture of intralogistics systems for conveying, loading, palletizing, packaging, sorting and distribution.
  • In July 2021- Vortex Asia-Pacific, a solids and bulk handling components company, announced it has reopened a physical office location in Shanghai, China.
  • In July 2020 – WAM Spain is pleased to announce that it has recently opened a branch in Portugal near the country’s capital, Lisbon.

More Valuable Insights Available

FMI, in its new offering, presents an unbiased analysis of the loading spout market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032.

The study divulges essential insights on the Loading Spout Market Analysis Report by Loading System (Closed Loading, Open Loading, Combined Loading), by Type (Heavy Duty Loading Spout, Standard Duty Loading Spout) by End-User (Mining, Shipping, Food and Beverage, Chemical, Construction, Oil and Gas, Others) By Region – Global Forecast 2022-2032.

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Key Segments Covered in the Loading Spout Market Industry Survey

Global Loading Spout Market by Loading System:

  • Closed Loading
  • Open Loading
  • Combined Loading

Global Loading Spout Market by Type:

  • Heavy Duty Loading Spout,
  • Standard Duty Loading Spout

Global Loading Spout Market by End-User:

  • Mining
  • Shipping
  • Food and Beverage
  • Chemical
  • Construction
    • Cement Producers
    • Terminals
    • Others
  • Oil and Gas
  • Others

Loading Spout Market by Region:

  • North America Loading Spout Market
  • Latin America Loading Spout Market
  • Europe Loading Spout Market
  • Asia Pacific Loading Spout Market
  • MEA Loading Spout Market

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

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Cutting and Bending Machine Market is Expected to Register a Strong 7.1% CAGR during Forecast 2022 to 2032, Get Insights FMI

The global cutting and bending machine market will be worth more than US$ 8,238.3 million by 2022, according to Future Market Insights. Furthermore, from 2022 to 2032, overall sales of cutting and bending machines are predicted to expand at a CAGR of more than 7.1%, totaling US$ 16,383.6 Million.

The increasing use of cutting and bending machines in the automotive, metal fabrication, electrical and electronics, and other industries is driving the global cutting and bending machine market.

Among these, strong expansion in the automotive industry is likely to play a significant role in increasing sales of cutting and bending equipment. Metals are frequently utilised in car manufacture, which is constantly increasing the demand for cutting and bending machines.

For increasing the production rate, there is increasing automation in the material processing equipment and their assembly lines, in which integration of cutting machines with robots and automatic or electric bending machines is gaining traction owing to its ability to do faster flexible sheet metal bending in vehicle manufacturing. This will boost the assembly line’s productivity and allow operators to increase production efficiency in a minimum amount of time.

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Regionally, Asia Pacific is likely to emerge as the fastest growing market for cutting and bending machines due to the high presence of leading automotive and electronic component manufacturers and growing end-use industries in these regions.

Key Takeaways from Cutting and Bending Machine Market Study

  • By operation, automatic segment is estimated to account for the highest share of more than 45% in terms of value in 2022.
  • By end use, the automotive segment will dominate the market in terms of end use, creating an incremental opportunity of nearly US$ 2,578.7 Million between 2022 to 2032.
  • By product type, cutting machine segment is set to account for more than 80% of the global cutting and bending machine market during the forecast period.
  • The North America cutting and bending machine market is expected to grow at 7.6% CAGR through 2032.
  • The U.S. cutting and bending machine market is predicted to expand by 1.9x through 2032.
  • The cutting and bending machines market in China is expected to reach a valuation of US$ 1,317.0 Mn by the end of 2032.

“Significant market opportunities are projected to occur with the differentiated product offerings by the manufacturers attuned to the end user’s viewpoint.” says a Future Market Insights analyst.

Who is Winning?

The cutting and bending machine market is fragmented with the leading players acquiring around 25% to 35% of the market shares. These players are likely to invest in new technology developments and expansion of their distribution networks to maintain their market presence.

Some of the key players in this industry include TRUMPF Group, Amada Co. Ltd., Bystronic Group, Coherent Inc., Hans Laser Technology Ltd., and Others.

Find More Valuable Insights

The research report analyzes the demand for Cutting and Bending machines. The global Cutting and Bending machine market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends, and market background. As per Future Market Insights, the market has been analyzed based on Product Type, Operation, End Use, and Region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both supply-side and demand factors.

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Global Cutting and Bending Machine Industry by Segments

By Product Type:

  • Cutting Machine
    • Laser Cutting Machine
    • Waterjet Cutting Machine
    • Plasma Cutting Machine
    • Flame Cutting Machine
  • Bending Machine
    • Electric
    • Hydraulic
    • Pneumatic
    • Others

By Operation:

  • Automatic
  • Semi-automatic
  • Manual

By End Use:

  • Automotive
  • Aerospace
  • Electrical and Electronics
  • Marine & Construction
  • Others

By Region:

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

About Us

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

Contact:

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Transmission Components Market Size to be worth at a US$ 80,279.2 Million from 2022 to 2032 | FMI

The global transmission components market is estimated to grow at a CAGR of 5.3% during the forecast period from 2022 to 2032. The market is projected to reach a valuation of US$ 80,279.2 Million by the end of 2032 from US$ 47,966.7 Million in 2022. Development of advanced electrical line infrastructure in emerging countries is anticipated to propel the global transmission components market during the forecast period.

Electricity transmission and distribution networks, as well as electrification projects, are being supported by various governments due to the rising global electricity demand and growing emphasis on expanding the installed capacity of renewable energy sources. Due to these plans and investments, as well as investments made to replace aging electric infrastructure in various regions, there will likely be an increasing demand for transmission components.

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Growing requirements for protective devices to limit the voltage load on an equipment and increasing development of new power grids to reduce energy losses are bolstering the demand for transmission components. Increasing demand for electricity from industrial, commercial, and residential sectors, as well as growth in the production of electricity from renewable sources is anticipated to enhance the electric infrastructure all over the globe.

This is further expected to increase the demand for transmission components in the next ten years. Increasing government expenditure to supply electricity to rural areas, as well as growing emphasis on commercial facilities operating in harsh weather conditions with high lightning strikes, will drive the demand for residential and commercial transmission components forward.

Key Takeaways from Transmission Components Market Study

  • By product type, the switches segment is expected to witness a CAGR of 6.1% in the global transmission components market during 2022 to 2032.
  • North America is expected to account for more than 20% of the global transmission components market share during the period of 2022 and 2032.
  • Germany is projected to account for nearly 19.7% of the Europe transmission components market share by the end of 2022.
  • By product type, the anchoring and foundation segment is likely to witness steady growth at a CAGR of 6.1% from 2022 to 2032.
  • From 2017 to 2021, the global transmission components market exhibited growth at a 2.4% CAGR.

“Demand for electrical equipment has increased in recent years due to the rising need for electricity, which is considered to be a prevalent source of energy. As investments are made for developing electrical infrastructures like heavy current overhead power lines, the demand for transmission components is anticipated to grow,” says a lead analyst at Future Market Insights.

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Why is the Demand for Transmission Components Growing Exponentially?

Increasing demand for transmission components from a wide range of end-use industries for usage in substations, transmission lines, and other electrical networks is estimated to bode well for the global market in the next ten years. Expansion of electricity production capacities is also projected to positively affect the global transmission components market.

In the evaluation period, the market is expected to be boosted by the increasing number of electrification projects in China and India, as well as network expansion projects to support renewable energy integration in the United States, Europe, and other areas of the globe. Demand for electricity is expected to rise further during the forecast period owing to increasing need from end users, as well as growing electrification of transportation and adoption of electric vehicles.

Competitive Landscape: Transmission Components Market

Some of the leading companies present in the global transmission components market are Siemens Energy, General Electric (GE), Eaton, Hubbell, Schneider Electric, and Mitsubishi Electric among others.

Manufacturers of transmission components are investing a significant amount of money on product development to bolster their presence in the industry. Key players are further investing in the development of new software technology to enhance the performance of transmission components.

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Transmission Components Market Outlook by Category

By Product Type:

  • Anchoring and Foundation
  • Arresters
  • Bushing
  • Connectors
  • Insulators
  • Enclosures
  • Utility Measurement Systems
  • Grounding and Bonding
  • Switches
  • Fuses

By Region:

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

About Us

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

Contact:

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Christiana Corporate,
200 Continental Drive, 
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Delaware – 19713, USA   
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Inductor Market is Expected to Expand at a Steady 6.1% CAGR from 2022 to 2032, Get Insights FMI

The global inductor market is predicted to surpass US$ 11,862.1 Million by 2022, with a year-on-year growth rate of 5.6%. With increasing adoption in automotive, industrial, and consumer electronics, worldwide demand for inductors is expected to expand at a 6.1% CAGR between 2022 and 2032, reaching a market worth of US$ 21,417.5 Million by 2032.

An inductor is a two-terminal passive electrical component that stores energy in a magnetic field when an electric current passes through it. In many switched-mode power supplies, inductors are widely used as energy storage devices to generate DC (direct current). The majority of inductors are used as filters to reduce ripple in electronic circuits. They are also used to limit switching and fault currents in electrical transmission systems.

Rising production and usage of electronic products globally as a result of rapid digitalization is expected to drive the inductor market during the forecast period. Similarly, the inductor market is expected to grow tremendously during the next ten years as a result of rising automation in several end-use industries, including the automotive, consumer electronics, and power industries.

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Currently, the overall inductor market holds approximately 15% share of the global passive components market and this number is likely to further surge due to growing penetration of digitalization and increasing popularity of electrical vehicles.

Regional Analysis:

East Asia, led by China, is emerging as the most profitable inductor market due to the rapid growth of the consumer electronics and automotive industries, favourable government support, and easy availability of raw materials.

China’s economy has grown steadily in recent years, fueled primarily by an export boom. China is a major exporter of electronic components in the East Asian region. China’s global production share of electronic circuit components is approximately 32.9%, placing it far ahead of other electronics manufacturing hubs.

The U.S. holds around 79.7% market share of the North America inductor market and it is predicted to expand at 5.4% CAGR during the forecast period. Robust expansion of automotive and consumer electronics industries, increasing adoption of advanced technologies, and strong presence of leading manufacturers are some of the key factors driving the U.S. inductor market.

Germany’s inductor market is anticipated to expand at a robust CAGR of 6.8% over the forecast period. Sales in the country are projected to increase by 2x times by the end of 2032, generating revenues worth US$ 932.1 million.

Between 2017 and 2021, the global inductor market grew at a CAGR of about 2.9%. FMI forecasts the overall inductor market to grow at a 6.1% CAGR through 2032, owing to the rapid growth of the consumer electronics and automotive industries.

The trend toward electrification has grown across industries such as automotive at a rapid pace during the last few years and it is likely to further escalate during the projection period due to rising fuel prices. This is providing a major impetus to the growth of inductor market.

Competitive Landscape

In recent years, there has been an increase in acquisition and growth operations to strengthen the inductor supply chain. Several major Inductor manufacturers are also studying, developing, and launching new products.

For instance,

  • In April 2022, Murata announced the availability of the DFE32CAH_R0 series of metal power inductors for high-temperature applications of up to 150 °C. These new products support large currents by optimizing the internal coil structure design and utilizing original metal materials.
  • In March 2022, TDK Corporation introduced a new series of shielded SMT power inductors, optimized for high saturation currents and low DC resistance.

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Global Inductor Market By Category

By Inductance Type:

  • Fixed Inductors
  • Variable Inductors

By Type:

  • Film Type
  • Multi-Layered
  • Wire Wound
  • Molded

By Core Type:

  • Air Core
  • Ferrite Core
  • Iron Core

By Mounting Technique:

  • Surface Mount
  • Through Hole

By Application:

  • Automotive
  • Industrial
  • RF, Telecommunications & High-Frequency Applications
  • Military and Defense
  • Consumer Electronics
  • Power Generation, Transmission and Distributions
  • Healthcare

By Region:

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

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

Contact:

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U.S. Commercial Walk-In Refrigeration Market is expected to reach a valuation of US$ 1,980.1 Million during Forecast 2022 to 2032 | Future Market Insights, Inc.

According to Future Market Insights, the U.S. Commercial Walk-In Refrigeration Market is expected to reach US$ 1,298.1 Million in 2022 and grow at a CAGR of 4.3% from 2022 to 2032.

Commercial walk-in refrigeration includes coolers and freezers used to chill or freeze food, beverages, pharmaceuticals, and other perishable goods. These enclosed cold storage rooms are less than 3000 square feet in size. They are used in the virus chain organisation by the food and beverage, commercial kitchen, retail food outlets, pharmaceutical, substance, and various industries.

The use of Commercial Walk-In Refrigeration has filled significantly in the past couple of years, due to the changing lifestyle over eating habits for prepared to eat products. The food business has a significant issue as a result of this changing lifestyle, particularly concerning the kinds of foods consumed and the amount of time spent on these activities. Foodservice providers are increasing their capital spending in walk-in coolers and freezers to oblige the growing interest from customers for frozen meals and chilled goods.

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Key Takeaways of Commercial Walk-In Refrigeration Market Study

  • Over the course of the forecast period, the value of the Commercial Walk-In Refrigeration by technology type Remote Condensing is estimated to account for about 544.8 Mn in 2022.
  • In terms of Sales Channel, OEM is anticipated to account for more than 88.4% of the U.S. market and grow at a value CAGR of about 4.21% during the projected period.
  • In the U.S. market, demand by the place of use Commercial Walk-In Refrigeration is increasing at a value CAGR of 4.31%.
  • The Commercial Restaurants in U.S. Commercial Walk-In Refrigeration market is projected to expand at 5%, making it a prominent sector as a result of increased investment in real estate and commercial infrastructure development.
  • By geographic region, the South U.S. is estimated to hold a significant share of about 42.2% in 2022.

“Growing governmental and private investment in the U.S. region, particularly in Southern and Western U.S. markets, is driving up demand for Commercial Walk-In Refrigeration therein. Commercial walk-in refrigerator systems are anticipated to be adopted more frequently by commercial restaurants, retail food service, and a few other end use industries. Manufacturers are boosting their partnerships and collaborations with lower market players of commercial refrigeration manufacture within country in order to get into the higher market.” says Future Market insights analyst

Competitive Landscape

The top manufacturers dominate the Commercial Walk-In Refrigeration market in the U.S. region, which is moderately fragmented. Market players are attempting to increase their market share by partnering and collaborating with rental companies and contractors in the region. Furthermore, the key players are launching new products in the market. Panasonic Corporation (Hussmann), Dover Corporation, Welbilt, Inc., Standex International Corporation and American Panel Corporation group are a few of the market’s major participants.

Find More Valuable Insights

The research report analyzes the market demand trends of Commercial Walk-In Refrigeration. The U.S. region market estimation and growth projection are based on factors like end-use industries development, COVID-19 crisis impact, replacement ratio, and adoption rate of Commercial Walk-In Refrigeration.

As per Future Market Insights research scope, the Commercial Walk-In Refrigeration Market has been studied and segmented on the basis of technology, sales channel, place of use, end use and geographic region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, the supply side and demand side.

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Key Segments Covered in U.S. Commercial Walk-In Refrigeration Industry Analysis

U.S. Commercial Walk-In Refrigeration by Technology:

  • Self-Contained
  • Remote Condensing
  • Multiplex Condensing

U.S. Commercial Walk-In Refrigeration by Sales Channel:

  • OEM
  • Aftermarket

U.S. Commercial Walk-In Refrigeration by Place of Use:

  • Indoor
  • Outdoor

U.S. Commercial Walk-In Refrigeration by End Use:

  • Pharmaceutical
  • Research Laboratories
  • Retail Food Services
  • Hospitals
  • Commercial Restaurant
  • Others

U.S. Commercial Walk-In Refrigeration by Region:

  • North East U.S.
  • South U.S.
  • Midwest U.S.
  • West U.S.

About Us

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

Contact:

Future Market Insights Inc.   
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200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
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Nerve Repair Market in USA are slated to grow at an impressive CAGR of 13.3% from 2022 to 2032

Over the forecast period of 2022 to 2032, the global Nerve Repair Market is expected to display an exceptional growth outlook. The global market is predicted to attain a worth of roughly US$ 771.6 Million by 2032 and reach US$ 242.8 Million in 2022. Future Market Insights forecasts that the global market for nerve healing would create a total CAGR of 42.2% in terms of product type by 2021. The global increase in the prevalence of neurological diseases is blamed for the market expansion.

The global market for nerve repair and regeneration was estimated to be worth US$ 7.0 billion in 2021 by Future Market Insights, with the nerve repair market making up around 3.1% of the total. The market for nerve repair saw sales rise at a CAGR of 9.5% between 2015 and 2021. But, in 2022 and beyond, it is predicted that market growth would more than triple. According to estimates from the Pan American Health Organization, neurological illnesses caused approximately 32.9 fatalities per 100,000 persons in 2019. Men died at a rate of 33.1 per 100,000 persons, while women died at a rate of 32.2 per 100,000.

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The prevalence of various chronic nervous system diseases, including Parkinson’s and Alzheimer’s, is expected to increase throughout the projection period, which is also expected to drive up demand for treatments that heal damaged nerves. Also, it is anticipated that market expansion may quicken as a result of scientific developments in neurological therapies. Recent research indicate that there has been a sharp increase in incidences of nerve damage in industrialised nations, which has fueled the market’s demand. According to the American Association for Peripheral Nerve, 1.2 million treatments are carried out annually in the United States alone.

Key Takeaways:

  • Prominent market players in the global nerve repair market are keeping an eye on the East and South Asia markets in order to capitalize on the growing demand for neurological products combined with rising awareness in countries including India, China, and Japan. The key players are also tapping into the markets of Mexico, Indonesia, and other Middle Eastern nations. This is also expected to fuel the demand in the nerve repair market.
  • In addition, prominent producers in the market are investing heavily in streamlining their R&D and improving production for nerve repair products. Owing to the cost-effectiveness achieved by outsourcing their manufacturing capabilities, CDMOs will likely anticipate a profitable decade.
  • When there is a damaged nerve, it can lead to serious motor and sensory issues that are expected to ache and cause the appendages to malfunction. Therefore, health professionals employing biomaterials in the nerve repair process are included in products for nerve repair. The autograft is the gold standard for nerve repair procedures, although the specifics of the procedure are determined by the type and severity of the nerve injury.
  • Technologically advanced nerve repair therapies are utilized to efficiently treat damage brought on by trauma and several other factors, which is known as a key factor responsible for influencing the market. Adult stem cells can easily be extracted from adipose tissue, skin, and bone marrow, and are now being employed in many developed nations to repair and regenerate nerves.
  • Key players in the market are rising the manufacturing of nerve repair products as the prevalence of neurological disorders across the globe. Moreover, an increase in nerve repair expenditure is likely to drive sales in the nerve repair market over the forecast period (2022-2032).
  • An estimation of US$ 150 billion is predicted to have been spent on medical care for nerve injuries annually in the U.S. This showcases the expenditure on nerve repair, replacement, and regeneration due to a rise in cases of indications like amyotrophic lateral sclerosis, multiple system atrophy, Parkinson’s disease, Alzheimer’s disease, and multiple sclerosis.

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Competitive Landscape:

With the establishment of several key nerve repair production companies all over the world, the overall market is anticipated to be highly fragmented. In order to maintain a strong foothold over the entire industry, key players are increasing R&D efforts to expand their novel product portfolios. Various products are still in the pipeline stage as the companies are proceeding toward promoting regularization and licensing of these pipelined products after assessing their efficacy.

More Insights into the Nerve Repair Market

The U.S. held approximately 89.5% share in the global nerve repair market in 2021, opines FMI. Sales in the U.S. are slated to grow at an impressive CAGR of 13.3% during the forecast period.

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Key Companies Profiled

  • Axogen Inc.
  • Stryker Corporation
  • Baxter International Inc.
  • Integra Lifesciences Holdings Corp
  • Neurotex Ltd
  • Polyganics B.V.
  • Abbott Laboratories
  • Boston Scientific Inc
  • Medtronic Plc
  • Checkpoint Surgical
  • Polyganics
  • Synovis Micro Companies Alliance
  • Orthomed, Inc

Key Market Segments Covered in Nerve Repair Industry Research

By Product:

  • Nerve Wrap
  • Nerve Protector
  • Nerve Connector
  • Nerve Graft

By Nerve Repair:

  • Epineural Nerve Repair
  • Perineural Nerve Repair
  • Fascicular Nerve Repair

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By End User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics

By Region:

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

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 Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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T: +1-845-579-5705
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Website: https://www.futuremarketinsights.com
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Western Europe Medical Recruitment Market are set to witness growth at a CAGR of 4.6% and be valued at around US$ 36.5 Billion by 2033

The Western Europe Medical Recruitment Market is anticipated to surge at a phenomenal CAGR of 4.6% from 2022 to 2033. The global market is predicted to enjoy a valuation of US$ 23.2 Billion by the end of the year 2023 to reach a valuation of US$ 36.5 Billion by the year 2033. According to the historical analysis conducted by Future Market Insights, the global Western Europe medical recruitment market is expected to surge at a CAGR of 5.1% from 2017 to 2022. The market held around 56.2% of the global healthcare staffing market valued at US$ 39.3 Billion in 2022. As per the studies, healthcare professionals are leading the market by candidature with an expected share of about 43.8% in the year 2023, within the market.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭@ https://www.futuremarketinsights.com/reports/sample/rep-we-3675

Western Europe medical recruitment market revenue accounts for around 12.0% share of the recruitment industry. Just like any other profession, healthcare jobs such as hospital doctors, nurses, dentists, etc., also are sourced through medical recruitment processes. Furthermore, the healthcare industry has become one of the most crucial and profitable industries in the world. This has created several new opportunities in the market for individuals as well as major companies. The most in-demand healthcare jobs are hospital doctors, nurses, dentists, surgeons, etc. Since the importance of healthcare is on the rise, so does the need for individuals to efficiently deliver healthcare services, and this is what majorly drives the medical recruitment market across the world, including Western Europe.

The booming healthcare sector in Western Europe is predicted to witness some significant developments over the recent years. Medical recruitment demand growth in Western Europe is expected to be driven by factors such as the increasing prevalence of chronic diseases, growth in the pharmaceutical sector, emergence of new pharmaceutical facilities in the region, rising research & development, increasing demand for employment, etc. Moreover, a competitive healthcare education system and a long medical curriculum might lower student enrolment, and this could adversely affect the medical recruitment industry in the region.

𝐀𝐬𝐤 𝐔𝐬 𝐘𝐨𝐮𝐫 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐀𝐛𝐨𝐮𝐭 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭@ https://www.futuremarketinsights.com/ask-question/rep-we-3675

Key Takeaways:

  • The United Kingdom is anticipated to dominate the Western Europe medical recruitment market over the assessment period. The growth of the country is attributed to the rising government initiatives and the presence of major recruitment providers is expected to favor the medical recruitment space in the United Kingdom.
  • Germany is another vital country anticipated to provide a lucrative setting for Germany as compared to their urban counterparts. The market for medical recruitment in France is expected to be the third largest in the Western European region.
  • Rising medical recruitments over the BENELUX region are predicted to exhibit a moderate growth rate over the assessment period The Sweden and Norway medical recruitment markets are expected to rise at similar CAGRs, but Sweden is predicted to have a larger market presence in Europe.
  • The Denmark medical recruitment market is expected to hold the lowest market share of all but is expected to provide good growth opportunities for medical recruitment providers over the coming years.

Competitive Landscape:

Major medical recruitment providers throughout Western Europe are concentrating on CSR strategies and focusing on contracts to increase their recruitment potential and increase their market presence. Numerous medical recruitment companies throughout the Western European region are predicted to focus on setting up new offices to increase their reach across different countries and expand their business scope.

More Insights into the Western Europe Medical Recruitment Market:

Germany is expected to dominate the global market by accounting for a share of nearly 28.1% throughout the Western Europe medical recruitment market in 2023. The growth of the region is attributed to its large size and the country is predicted to witness a surge over the projection period.

The nation is experiencing a shortage of skilled healthcare professionals and demand for medical recruitment is expected to be majorly driven from rural areas of the country.

Demand for hospital doctors, general physicians, nurses, and surgeons is especially high in the rural regions of Germany.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧@ https://www.futuremarketinsights.com/customization-available/rep-we-3675

The United Kingdom is anticipated to expand at a CAGR of 4.1% across the assessment period. Growth in the region is attributed to favorable government initiatives that promote recruitment on an international scale and increase the number of professionals hired substantially.

Key Companies Profiled:

  • Medacs Healthcare PLC
  • Euromotion Medical
  • CPL Healthcare
  • ProClinical Recruitment
  • TFS Healthcare
  • EGV Recruiting
  • CCM Recruitment International Limited
  • IMS Recruitment Ltd.

Key Market Segments Covered in Western Europe Medical Recruitment Industry Research

Vertical:

  • Pharmaceutical Industry
  • Medical Devices
    • Medical Capital Equipment
    • Medical Consumables
    • Surgical Manufacturing & Distribution
  • Biotechnology
  • Nursing/Healthcare
  • Paramedical Staff
  • Scientific Research
  • Medical Research/Clinical Research
  • Pharmacies
  • Optometry
  • Regulatory and Quality
  • Diagnostics
  • Animal Health

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Candidature:

  • Health Professional
    • General Physicians
    • Surgeons
    • Nurses and Paramedical Staff
    • Lab Assistants
    • Radiologists
    • Anesthesiologists Technicians
    • Dentists
    • Mental Health Specialists
    • Medical Social Workers
    • Pharmacists
    • Optometrists
    • Veterinary Physicians
    • Pharmacovigilance and Regulatory Affairs
    • Medical Representatives
  • Biological and Medical Scientists
  • Health Information Technicians
  • Compounders

Service:

  • Recruitment Services
    • Temporary Positions
    • Permanent Positions
  • Managed Services
    • Vendor Management
    • Recruitment Processes Outsourcing (RPO)
    • Consulting Services
  • Homecare Services
  • Specialist Care 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 Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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