Safety Needles Market is set to witness a CAGR of 7.6% and is to be valued at around US$ 11,370 Million by 2032

The size of the global Safety Needles Market which was estimated at US$ 5,123 Million in 2021, is anticipated to grow at a 7.6% CAGR from 2022 to 2032. In terms of end users as of 2021, hospital pharmacies will dominate the global market for safety needles, with a total anticipated value of around US$ 2.6 billion. By the end of 2032, the global market is anticipated to reach US$ 11,370 Million.

The healthcare sector and hospital pharmacies are expected to lead the global safety needles market on the basis of end users by estimating a valuation of approximately US$ 2.6 Bn by 2021. According to the historical analysis, the global safety needles market is exhibited to grow at a CAGR of 6.3% from 2015 to 2021.

The global market for safety needles accounted for a share of around 62.5% in 2021. Owing surging concerns regarding the transmission of lethal diseases from needle stick injuries have forced several companies to develop innovative needles with enhanced safety features.

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Safety needles are equipped with several features in order to prevent needle stick injuries while dispensing medications and collecting bodily fluids. There is a variety of needles such as fine aspiration needles, aspiration & biopsy needles, hypodermic needles, suture needles, IV catheter needles, prefilled needles, and many other varieties of safety needles available on the market.

Key Takeaways

  • Increasing concerns about needle stick injuries among patients along with healthcare professionals is a prominent factor driving growth in the safety needles market. The rising preference for pain-free needles is expected to create opulent growth opportunities for manufacturers in the global market.
  • A regular dosage of insulin is crucial for diabetic patients for their well-being and keeping regular track of diabetes, therefore consumers falling in those categories are set to create high demand for painless or pain-free needles to avoid discomfort or unease of painful needles.
  • The injection safety guidelines (2015) introduced by the World Health Organization (WHO), reveal that for medical workers to use safety-engineered syringes with sharp injury protection/prevention (SIP) must be handled with utmost attention and care.
  • Rising funding and investments in the surgical instruments department by several hospitals and favorable government initiates have encouraged the use of safe injection practices in order to prevent needle stick injuries & needle re-use, which can further influence the market.
  • Technological advancements in the safety needles market have gradually bettered medical practices and safety practices by incorporating features like a one-touch needle retraction mechanism, auto-disable feature, reuse prevention, sharp injury protection (SIP), and safety mechanism in only one product/device.
  • Strict regulations have been implemented by various government agencies in numerous countries concerning the usage of safe needles to avoid hospital-acquired infections like HIV, hepatitis C, and B, which will fuel growth in the global safety needles market throughout the projection years.
  • Some of the crucial factors propelling growth in the market are due to the prevalence of chronic diseases globally, rising cases of spinal disorders, and the high adoption rate of prefilled syringes. The government is launching new campaigns all over the world to spread awareness about vaccinations among the population. These aforementioned factors are contributing to the expansion of the safety needles market in the future.

Competitive Landscape

Major players in the safety needles market are collaborating with government bodies to raise awareness amongst patients concerning the unsafe use of reusable needles. Mergers and acquisitions in the safety needles market are expected to enhance the product portfolios of various key players during the forecast period.

Key Companies Profiled:

Medtronic Public Limited Company, Boston Scientific Corp, Becton Dickinson and Company, Smith Medical, Argon Medical Devices, Inc., Novo Nordisk A/S, Terumo Corporation, NIPRO Medical Corporation, B. Braun Melsungen AG., Abbott Laboratories, Eli Lilly and Company, and Retractable Technologies

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Key Segments Covered In Safety Needles Market Report

Product:

  • Fine Aspiring Needles
  • Biopsy Needles
  • Hypodermic Needles
  • Pen Needles
  • Suture Needles
  • IV Catheter Needles
  • Blood Collection Needles
  • Spinal Anesthesia and Epidural Needles
  • Prefilled Needles
  • A.V. Fistula
  • Cannula Needles
  • Huber Needles

Application:

  • Sample Collection
  • Drug Delivery

Distribution Channel:

  • Hospitals Pharmacies
  • Private Clinics
  • Retail Pharmacies & Drug Stores
  • E-Commerce

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More Insights into the Safety Needles Market

The U.S. is predicted to dominate the global safety needles market as it garnered a total revenue of about US$ 1.4 Bn in 2021. The market is set to lead the North American region by exhibiting growth at a robust CAGR of 7.5% over the assessment period. The presence of plenty of well-known manufacturers and the surging prevalence of life-threatening diseases in the U.S. are expected to boost growth in the market.

Japan is expected to account for about 8.5% of the global safety needles market. The manufacturing of medical equipment such as biopsy and anesthesia needles have a strong foothold in Japan. With high volumes of production, the country is set to create new growth opportunities for key players in the market for safety needles.

In 2021, Germany possessed 7.6% of the total safety needles market share. The global safety needles market is anticipated to expand over the estimation period at an impressive CAGR of 10.6% due to the emergence of established guidelines on infection prevention within a hospital setting.

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Veterinary Electrosurgery Market is projected to register a CAGR of 7% from 2022 to 2032 | Future Market Insights

The global veterinary electrosurgery market garnered a market value of USD 471.96 Million in 2021 and is expected to secure USD 505 Million by 2022. The market is expected to accumulate USD 993.41 Million by 2032 while expanding at a CAGR of 7% during the forecast period from 2022 to 2032. Growth of the market can be attributed to the rise in demand for pet health insurance along with increasing adoption of pet animals.

The COVID-19 pandemic created several obstacles for the animal industry. This includes pet owners, animal health companies, veterinarians, and veterinary hospitals. Owing to stringent lockdown norms, the limited operation of veterinary hospitals and clinics resulted in a decline of veterinary visits, thus impacting the market. But the industry responded well to the pandemic by deploying supportive measures to ensure access to veterinary care and other services.

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Furthermore, development in veterinary surgery has always followed in the footsteps of human surgery. Innovative techniques of surgeries to make them less painful is driving the growth of the market. In addition, the proliferation of government administrations associated with animal healthcare and even distinct animal healthcare organizations will surge the demand for treatments across developing nations. These organizations focus on animals in sanctuaries and zoos. This, in turn, will boost the market growth.

On the contrary, the time taken for approvals for medication and instruments required for surgeries is derailing the progress of the market. In addition, the constant emergence of newer ailments amongst animals is a continuous challenge faced by the veterinary electrosurgery market.

Key Takeaways from the Market Study

  • The veterinary electrosurgery is expected to garner a market value of USD 993.41 Million by registering a CAGR of 7% in the forecast period 2022-2032.
  • By product, consumables and accessories segment is expected to register a CAGR of more than 15% for veterinary electrosurgery market during the forecast period.
  • By animal, small animals are expected to possess 65% market share for veterinary electrosurgery market during the forecast period.
  • By end use, veterinary hospitals and clinics segment is expected to hold a market share of more than 80% in the forecast period 2022-2032.
  • By application, general surgery is expected to possess a market share of nearly 30% market share in 2022-2032.
  • U.S is projected to register a CAGR of 8% during the forecast period.
  • U.K. is anticipated to grow at 9% CAGR for veterinary electrosurgery.

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“Increasing investments in adopting pets along with government initiatives to maintain animal health is driving the growth of veterinary electrosurgery market,” comments an FMI analyst.

Competitive Landscape

Key players in the global veterinary electrosurgery include Symmetry Surgical Inc, CVS Group, KARL STORZ, Avante Animal Health, B. Braun Melsungen AG, Medtronic, Summit Hill Laboratories, Kwanza Veterinary, Burtons Medical Equipment Ltd, EICKEMEYER and Macan Manufacturing. Some of the recent developments in the global veterinary electrosurgery market are:

  • In June 2021, CVS Group announced the planning of a new state-of-the-art specialist veterinary hospital in Bristol. The hospital will open in 2022 with modern technology and treatments in all disciplines, including orthopedics, general surgery, internal medicine, neurology, and neurosurgery, among others.
  • Medtronic, a key player in the veterinary electrosurgery market is focusing on developing instruments that will be technologically advanced to fasten the process of general surgeries for animals.

More Valuable Insights Available

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

The study reveals essential insights by product (Bipolar Electrosurgery Instruments, Monopolar Electrosurgery Instruments, Consumables & Accessories), Animal Type (Small Animal, Large Animal), application (General Surgery, Dental Surgery, Gynecological & Urological Surgery, Orthopedic Surgery, Others), End Use (Veterinary Hospitals and Clinics, Others) & Region Forecast till 2032

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Key Segments Covered in the Veterinary Electrosurgery Market

Veterinary Electrosurgery Market by Product:

  • Bipolar Veterinary Electrosurgery Instruments
  • Monopolar Veterinary Electrosurgery Instruments
  • Veterinary Electrosurgery Consumables & Accessories

Veterinary Electrosurgery Market by Animal Type:

  • Veterinary Electrosurgery for Small Animals
  • Veterinary Electrosurgery for Large Animals

Veterinary Electrosurgery Market by Application:

  • General Veterinary Electrosurgery
  • Dental Veterinary Electrosurgery
  • Gynecological & Urological Veterinary Electrosurgery
  • Orthopedic Veterinary Electrosurgery
  • Other Veterinary Electrosurgery Applications

Veterinary Electrosurgery Market by End Use:

  • Veterinary Electrosurgery across Veterinary Hospitals And Clinics
  • Veterinary Electrosurgery across Other End Users

Veterinary Electrosurgery Market by Region:

  • North America Veterinary Electrosurgery Market
  • Latin America Veterinary Electrosurgery Market
  • Europe Veterinary Electrosurgery Market
  • Asia Pacific Veterinary Electrosurgery Market
  • Middle East & Africa Veterinary Electrosurgery Market

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Perfusion Imaging Market is likely to exhibit the said growth at a CAGR of 6.8% from 2022 to 2032 | Exclusive Report by FMI

321 pages of text The market for perfusion imaging is expected to grow from US$ 2.1 billion in 2022 to US$ 8.3 billion by 2032 as a result of the prevalence of neurological and cardiovascular diseases in the world.

According to FMI, during the forecast period from 2022 to 2032, the perfusion imaging market is expected to demonstrate the aforementioned growth at a CAGR of 6.8%.

Perfusion imagining helps in identifying nutritive blood supply to an element of tissue. Perfusion imaging techniques have the capability to generate both perfusion measurements and perfusion maps of the region of interest. In the perfusion imaging market, the application of such imaging techniques have been growing over the years. The market growth is primarily due to need for perfusion imaging for evaluating key body functions via assessing a number of functional and metabolic parameters.

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The various perfusion imaging tools available in the market ranges from microspheres to computed tomography. These product tools help in mapping the blood through the brain’s vascular network. The market of perfusion imaging is expected to have a healthy CAGR over the forecast period due to continuous product lunch and demand for novel techniques to non-invasively measure various hemodynamic parameters.

Perfusion Imaging: Market Dynamics

The perfusion imaging market is anticipated to increase in the forecast period. It is anticipated that the growing demand for non-invasive therapies and treatment will drive the market of perfusion imaging in the forecast period. Rise in number of cardiovascular diseases, brain tumours, tumour-related angiogenesis etc. is also expected to drive the market of perfusion imaging market.

According to WHO, globally one billion people every year suffer from either one or many type of neurological disorders. Amongst these 50 million account for epilepsy and allied diseases where as 24 million suffer from Alzheimer. Prolonged sickness in neurological disorders results in 6.8 million death.  However, fast processing of perfusion imaging systems and tools which takes 60-75 seconds of time to image the circulation of blood supply helps in patient’s treatment process immensely.

Other recent developments in perfusion imaging market include new radioactive material with shorter life span. It reduces exposure of the patient to radioactive material. However high treatment cost, expensive devices and poor hi-tech healthcare penetration in lower income regions will restraint the growth of the perfusion imaging market.

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Perfusion Imaging Market: Overview

Measurement of tissue perfusion imaging primarily depends on the performance and concentration of tracer agent in the target organ of interest. Nowadays, new and exogenous tracers are being used in Perfusion Imaging which are equally effective with lesser side effects. These include chilled saline solution, radio nucleotides and iodinated radiographic contrast material. With recent developments in MR imaging, both exogenous and endogenous tracer agents have been extensively used in the perfusion imaging market

Perfusion Imaging Market: Region-wise Outlook

North America will account for the largest share in global perfusion imaging market. Presence of manufacturing site of some of the key perfusion imaging product manufacturers is expected to generate regions revenue. European regions owing to aggressive healthcare infrastructure will also be leading revenue generating market after North America for perfusion imaging. East and South Asian countries along with some of the Latin American countries are expected to be the fastest growing perfusion imaging market in the forecast period due to these regions advancements in healthcare facilities and rise in annual per capita income.

GCC countries from Middle East and African region are also expected to show decent growth but some poor countries from region will negatively impact the global perfusion imaging market growth. It is believed lack of training sessions for operating the systems is the main reason for region’s poor market growth for perfusion imaging.

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Perfusion Imaging Market: Key Players

Some of the key players operating in global perfusion imaging market are GE Healthcare, Toshiba Medical System., Positron, Aetna Inc, NeuSoft, Bracco, Cigna, kmhlabs, Perimed AB., Siemens Health, Philips Healthcare, Lantheus Medical Cardiac Imaging Solutions Inc. and others.

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Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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

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Digital Patient Monitoring Systems Market expanding at a CAGR of 17.2% from 2022 to 2032 | Says Future Market Insights

Future Market Insights, a market research and competitive intelligence provider, analyses that market demand for Digital Patient Monitoring Systems is expected to rise rapidly on the back of increasing demand for remote patient monitoring activities and increasing penetration in developing countries.

According to the study, the global Digital Patient Monitoring Systems market was valued at US$ 73.7 Bn in 2021, and it is expected to expand at a CAGR of 17.2% over the assessment period of 2022-2032 to reach 470 Bn by 2032. Owing to the significant growth in diabetic population which is expected to reach 701 Mn by 2045, diagnostics monitoring devices demand is projected to upscale continuously.

Attribute Details
Digital Patient Monitoring Systems Market Size (2021A) US$ 73.7 Bn
Market size value estimated in 2022E US$ 96.4 Bn
Market Forecast Value (2032F) US$ 470 Bn
Global Market Growth Rate (2022-2032) 17.2% CAGR
Countries with high Market Share
  • USA
  • China
  • India
US Market Growth Rate 15.5% CAGR
Key Companies Profiled
  • Abbott Laboratories
  • Hill-Rom Holdings, Inc.
  • Drägerwerk AG & Co.
  •  Edwards Lifesciences Corporation
  • OMRON
  • Mosimo Corporation

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The market for Digital Patient Monitoring Systems is dominated by companies such as Abbott, Athenahealth, Biotronik SE & Co. KG, FitBit and MedTronic. North America leads the market for dynamic patient monitoring equipment as a result of its substantial R&D capital, the incidence of infectious diseases, safety concerns, and technological advancements in these products. The ASEAN region is experiencing a significantly growing market potential in the foreseeable future due to increasing smartphone-install base.

Digital Patient Monitoring Systems are used extensively for diagnostic purposes.  Diagnostic Monitoring Devices segment of Digital Patient Monitoring Systems is projected to increase at a CAGR of around 14.8% over the decade (2022-32). The rising prevalence of diseases such as diabetes, obesity, cancer, and others, as well as the growing geriatric population, are propelling the segment’s growth.

Key Takeaways from Market Study

  • The Digital Patient Monitoring Systems market is anticipated to add 11.7X value by 2032.
  • The market is expected to expand at a considerable growth rate of 17.2% and be valued at US$ 470 Bn by 2032.
  • Abbott, Medtronic and Athenahealth are the top giants in Digital Patient Monitoring Systems manufacturing.
  • Based on product type, diagnostic devices accounted for around 62% of the global market share in 2021.
  • The MedTech behemoth, Medtronic has joined forces with Rockley Photonics to develop a new wearable type digital monitoring device in March 2022. Launching innovative Digital Patient Monitoring Systems is expected to be a future trend.

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“The spread of COVID-19 pandemic has prompted remote patient monitoring activities, as well as the use of mHealth apps and telehealth devices, while also catalysing demand for digital medicine. This has resulted in increased demand for digital patient monitoring equipment and created the market for Digital Patient Monitoring Systems has enormous growth potential.” says a Future Market Insights analyst.

More Valuable Insights Available

Future Market Insights , in its new offering, presents an unbiased analysis of the global Digital Patient Monitoring Systems market, presenting historical market data (2016-2021) and forecast statistics for the period of 2022-2032.The study reveals essential insights by Product Type (Diagnostic and Therapeutic Devices), by Type ( Wireless Sensor Technology, mHealth, Telehealth, Wearable Devices, and Remote Patient Monitoring) and across key regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).

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Key Segments Covered in Digital Patient Monitoring Systems Industry Survey

Digital Patient Monitoring Systems Market by Product Type:

  • Diagnostic Monitoring Devices
    • Vital Sign Monitors
    • Sleep Monitors
    • Fetal Monitors
    • Neuromonitors
    • Other Diagnostic Monitoring
  • Therapeutic Monitoring Devices
    • Insulin Monitors
    • Respiratory Monitors
    • Other Therapeutic Monitors

Digital Patient Monitoring Systems Market by Type:

  • Wireless Sensor Technology
  • mHealth
  • Telehealth
  • Wearable Devices
  • Remote Patient Monitoring

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

About FMI:

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

Contact Us:

Future Market Insights Inc.
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Dental Tourism Market is slated to surge at a stupendous 13.6% CAGR from 2022 to 2032 | FMI

The global dental tourism market is primarily driven by increasing cases of dental defects and an increasing preference for cosmetic dentistry worldwide. Lower treatment price and better service in dental treatment abroad, long waiting times at home for dental treatment can stimulate the growth of the market in the near future. Dentist malpractice is likely to hold back the market during the forecast period.

The global dental tourism market is expected to reach a valuation of US$ 6.7 bn in 2022, with sales growth of a 13.6% CAGR during the forecast period. Rapid adoption of technologically advanced medical devices in emerging economies will drive the growth in the market, with the market size reaching € 24.3 bn by 2032.

Rising costs of health care and dental services in developed countries are forcing consumers to adopt dental tourism. This trend is driven by the lack of insurance coverage for major elective dental surgery procedures in several countries.

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In addition, treatment costs in countries such as India, Thailand and China are relatively lower than in the countries of North America and Europe. This reflects an increase in dental tourism from Europe and North America to emerging economies. Obtaining a medical visa for such procedures is comparatively faster and easier, thereby facilitating the flow of patients abroad for treatment.

Promotional strategies such as the launch of online campaigns showcasing cost-effective services from healthcare facilities are contributing to the growth of the market. Providing undivided attention to healthcare and providing affordable accommodation sparks consumer interest in adopting attractive medical-tourism packages, identifying both treatment and recreational choices.

With increasing lifestyle-related diseases and unhealthy dietary intake, the incidence of dental disease is increasing. High prevalence of diseases such as dental caries has led to a spike in dental restoration procedures. Thus, the increasing burden of dental abnormalities is propelling the interest in cosmetic dentistry, creating growth opportunities in the market.

“Increasing adoption of technologically advanced medical devices in emerging economies, along with increasing government-backed investment in the The development of healthcare infrastructure in these countries is expected to drive the market in the coming years,” said an FMI analyst.

Key learning points:

  • On a services basis, revenue in the dental cosmetics segment will grow at a robust CAGR of 18.1% through 2032.
  • In terms of providers, the hospital chain segment is expected to account for 47.2% of the total market share by 2022.
  • India will emerge as a lucrative pocket, accounting for 53.9% of the dental tourism market share in South Asia by 2022.
  • What are some of the core competencies and differentiating competencies of new entrants and established players in the industry that we analyze?
  • What are some of the brand opportunities that are developing at a rapid pace?
  • What are the key competitive forces and elements of the external environment that determine the industry lifecycle stages of most organizations?
  • Why are some competitive strategies more popular than others among leaders in a particular market?
  • What customer-based brand value strategies have companies used in a particular industry or set of related industries in an industry?

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Competition landscape

With the advancement in cosmetic dentistry, market players are striving to offer these services at affordable prices to gain a competitive advantage. They also invest in mergers, acquisitions and collaborations to expand their global presence. Other strategies include product and service promotions on social media and online channels, as well as partnerships with hospital chains.

Key Market Segments Covered in Dental Tourism Industry Research

By services:

  • Dental implants
  • Periodontology
  • endodontics
  • Dental prostheses
  • Orthodontics
  • pedodontics
  • Oral surgery
  • Dental Cosmetics
  • Dental Consultation

By travelers:

  • Occasional travelers
  • Business travelers

By providers:

  • Hospital chains
  • Multi-Specialty Clinics
  • Independent clinics

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Index
1. Summary

1.1. Global Market Outlook

1.2. Demand-side trends

1.3. Supply-side trends

1.4. Technology roadmap analysis

1.5. Analysis and recommendations

  1. Market overview

2.1. Market coverage/taxonomy

2.2. Market Definition / Scope / Restrictions

  1. Market Background

3.1. Market dynamics

3.1.1. drivers

3.1.2. limits

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in optimistic scenario

3.2.2. Ask in likely scenario

3.2.3. Question in conservative scenario

  1. Global Dental Tourism Market Analysis 2017-2021 and Forecast, 2022-2032

4.1. Historical Expenditure Analysis (US$ Billion), 2017-2021

4.2. Current and Future Expenditure Projections (US$ Billion), 2022-2032

4.2.1. YoY Growth Trend Analysis

4.2.2. Absolute $Opportunity Analysis

  1. Global Dental Tourism Market Analysis 2017-2021 and Forecast 2022-2032, By Services

5.1. Introduction / Key Findings

5.2. Analysis of historical spend (US$ billion) by services, 2017-2021

5.3. Analysis of Current and Future Expenses (US$ Billion) and Forecast by Services, 2022-2032

TOC Continue…

About FMI:

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

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Radial Compression Devices Market is projected to be valued at US$ 224.6 Million by 2033 at a CAGR of 10.1%

The Radial Compression Devices Market size is projected to be valued at US$ 255.5 Million in 2023 and is expected to rise to US$ 599.9 Million by 2033. The sales of radial compression devices are expected to grow at a significant CAGR of 8.9% during the forecast period.

The global healthcare sector has had tremendous growth over the past ten years in all sectors, including drug discovery, research and development, the production of new and improved medical equipment, and technological integration. Over the projection period, it is anticipated that rising cardiovascular device prevalence will fuel market expansion for radial compression devices.

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Additionally, benefits of radial access in a percutaneous coronary intervention (PCI) procedure are anticipated to fuel market expansion. Patients can be more mobile in their movements because of radial access, which also has a smaller incision and significantly fewer infection risks than transfemoral access.

In some nations, the price of stents has recently declined, which is anticipated to increase the affordability of PCI treatments in the region. The most common side effect associated with the use of radial compression devices is radial artery blockage.

The use of branded radial compression devices, according to market respondents, may result in lower rates of radial occlusion following invasive coronary procedures. The sector will probably grow even more as a result of the affordable surgery. Radial compression devices reduce hospital stays and help patients save money.

Key Takeaways from Market Study

  • Band/strap-based devices had the highest market share of 79.8% in 2021, expanding at a 9.6% CAGR during the forecast period. Band/Strap based radial compression devices are primarily driven by factors such as shorter hospital stays and lower surgical costs.

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  • Disposable devices accounted for 92.9% of the market in 2021 and expanding at an impressive rate of 9.0%. Disposable radial compression devices are highly adopted due to its cost effectiveness and reduces the incidence of radial artery occlusion.
  • S. will lead the global market and contribute a revenue share of USD 224.6Mn by 2033. Incorporation of advanced technology and leading industry players in the marketplaces are the major factors behind their dominance.
  • K. witnessed a growth of USD 15.9Mn over last decade and a CAGR of 9.4%. The industry is expanding as a result of increased consumer awareness. Furthermore, government initiatives, an ageing population, and industry leaders all contribute to market growth.
  • China will emerge as the most lucrative region among all growing at a CAGR of 10.0%. Rapid socioeconomic advancement has had a significant impact on Chinese culture. The risk of cardiovascular disorders in the country has increased as a result of lifestyle changes, urbanisation, and an ageing population.

Product launching is the key strategy adopted by the manufacturers

Companies in the radial compression devices market are actively attempting to strengthen their positions through new product launches and approvals by both established and emerging market players. The product launch and acquisition speed up the manufacturer’s strategy to capitalise on market share and capture a sizable market share. Among the most recent examples are:

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  • Merit Medical launched PreludeSYNC EVO, a radial compression device, in the United States in August 2019. This sterile, single-use device is used to aid in the Hemostasis of the arterial percutaneous access site following catheterization procedures.
  • Cordis launched the RADIAL 360 portfolio in the United States in May 2019. With this launch, the company provides a full range of products to aid in the transradial approach (TRA) for interventional cardiology.
  • In 2018, TZ Medical Inc. received FDA approval for its Adjustable Radial Cuff (ARC) Hemostasis Devices in the United States.

Some of the leading companies operating in the Radial Compression Devices Market are:

  • Terumo Corporation
  • Merit Medical Inc.
  • Abbott Laboratories
  • Vascular Solutions
  • ConMed B.V.
  • Cardinal Health
  • Beijing Demax Medical Technology
  • Teleflex Incorporated
  • Forge Medical Inc.
  • TZ Medical Inc
  • Semler Technologies Inc
  • Advanced Vascular Dynamics
  • MedPlus, Inc.
  • Lepu Medical


Radial compression devices Market by Category

Product Type:

  • Band/Strap based radial compression devices
  • Knob-based radial compression devices
  • Plate-based radial compression devices

Application:

  • Diagnostic intervention
  • Surgical intervention

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End User:

  • Hospitals
  • Independent Catheterization Labs
  • Ambulatory Surgery Centers
  • Specialized Centers

By Usage:

  • Disposable
  • Reusable

By Region:

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

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Dental Autoclaves Market is projected to value US$ 304.2 million by the end of 2023 | Get Insights FMI

The market value for dental autoclaves is anticipated to reach approximately US$ 500.3 million by 2033, growing at a 5.1% CAGR over the forecast period. By the end of 2023, the market is anticipated to be worth US$ 304.2 million. Fully automated sterilisers are anticipated to account for more than 43.7% of the market in 2023, according to Future Market Insights (FMI).

The global dental autoclaves market was valued at US$ 277.4 Mn in 2021 and is expected to exhibit a CAGR of close to 5.3% over the forecast period. Equipment sterilization and management is an important aspect of any clinical setting. Dental instruments with reusable properties require good sterilization practices.

Prevention of contamination from patient to provider or provider to patient, or patient to patient is essential. In healthcare facilities, dental infection proliferation and spread is controlled through extensive sterilization processes which include steam and vacuum processes of dental equipment and instruments via dental autoclave systems.

Growth in the dental autoclaves market is associated with rising burden of dental diseases, owing to the changing lifestyle habits as well as dietary changes among individuals. Moreover, high prevalence of general dental ailments, such as dental caries or malocclusion are propelling the adoption of routine dental procedures, such as dental scraping.

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With advancements in medical device manufacturing integrated digital systems, dental autoclaves devices enable safe and time-efficient process of sterilization. These systems are capable of providing sterilization data with each cycle, and hence improve the efficacy of dental autoclave systems.

Increasing preference for cosmetic dentistry procedures is expected to create opportunities for growth in the market. With seemingly novel and non-interactive instrument composition, such as with stainless steel and nickel-titanium, the process of steam and vacuum sterilization presents an opportunistic approach in terms of instrument and material integrity, as the instruments have a certain heat-based resistance during the autoclave cycle.

Reduced process timings, better visualization of sterilization data, and the cost-effectiveness of autoclaving systems will continue pushing sales in the market over the forecast period.

Key Takeaways:

  • By product type, the fully automated sterilizers segment will account for 46% of the total market share by 2032, with demand growing at a 5.9% CAGR.
  • In terms of modality, total sales of table-top modalities of dental autoclaves held a dominant market share value of 65.9% in 2021. Sales in this segment are projected to increase at a 5.5% CAGR.
  • By loading, demand for front loading dental autoclaves is expected to grow at a CAGR of 5.5% over the forecast period.
  • Based on end user, the office based dental clinics will account for 37.4% of the total market share in 2022.
  • Sales in the U.S. are estimated to account for 81.8% of the North America dental autoclave market share in 2022.
  • Demand in the U.K. is projected to increase at a 5.5% CAGR, accounting for a lion’s share of the Europe dental autoclaves market over the forecast period.
  • China will emerge as lucrative pocket in the East Asia dental autoclaves market, with sales growing at a robust 10.8% CAGR through 2032.

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Competition Landscape

Leading players operating in the global dental autoclaves market are focusing on the introduction of novel or technologically advanced products to gain a competitive edge in the market. For instance:

  • In October 2021, Euronda obtained its Medical Device Registration (MDR) certification and became one of the first Italian companies with MDR certification for all its medical devices.
  • In March 2021, Mocom announced the opening of its new showroom and training centre headquarters including autoclaves, ultrasound tanks, thermal sealers and thermal disinfectors in Imola.

Key Market Segments Covered in Dental Autoclaves Industry Research

By Product:

  • Steam Autoclave Sterilizers
  • Electric Sterilizers
  • Fully Automated Sterilizers

By Modality:

  • Table-top
  • Portable

By Loading:

  • Top Loading
  • Front Loading
  • Pass Through

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By End User:

  • Hospitals
  • Ambulatory Surgical Centres
  • Office Based Dental Clinics
  • Group Practice

For Read More Related Insights:

Synchrotron Instrumentation Market Size: According to Future Market Insights research, during the projected period, the global synchrotron instrumentation market is expected to grow at a CAGR of 5.6%. The market value is projected to increase from US$ 1.05 Billion in 2023 to US$ 1.80 Billion by 2033.

Dermatology Excimer Lasers Market Share: According to Future Market Insights research, during the projected period, the global dermatology excimer lasers market is expected to grow at a CAGR of 11.4%. The market value is projected to increase from US$ 87.7 Million in 2023 to US$ 258.4 Million by 2033.

Image Guided Systems Market Growth: The Global Image Guided Systems Market was valued at US$ 7.23 Billion in 2022 and is expected to reach US$ 17.41 Billion by 2033.

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

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Japan’s Orthopaedic Imaging Equipment Market is expected to exhibit healthy growth at 4.3% CAGR from 2021 to 2031

According to a recent study by Future Market Insights (FMI), the global Orthopaedic Imaging Equipment Market demand is expected reach US$ 9.8 Billion in 2021. Sales are expected to increase at a CAGR of around 4.0% over the forecast period (2021-2031).

Orthopaedic imaging equipment is the medical imaging equipment used for bone scanning, implants scanning and is utilized for diagnosis purposes. Different imaging technologies such as X-rays, MRI, ultrasound, EOS and nuclear imaging are included in Orthopaedic imaging equipment.

Rising prevalence of Orthopaedic diseases and bone injuries, technological advancement in Orthopaedic imaging equipment devices, and rise in research and development activities by key manufacturers are factors driving the Orthopaedic imaging equipment market.

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Numerous medical imaging modalities are currently enabling three-dimensional (3D) visualization with accuracy, and rapid diagnoses. Advancements in 3D imaging have led to development in computer-assisted detection (CAD) and image analysis applications. This is expected to boost the market for modality, primarily in tomographic imaging techniques.

Moreover, surgeons are using 3D imaging to plan surgeries, which has led to increased application of these systems. This is expected to increase the utilization of imaging equipment, especially across the U.S. and the U.K.

Consequently, these devices are also gaining high traction in Asia such as China and India due to growing demand for better health care infrastructure. Improving healthcare infrastructure and technological developments in these countries will increase the demand for 3D medical imaging equipment.

Key Takeaways from Orthopaedic Imaging Equipment Study

  • In terms of product type, the X-ray systems is expected to account for 28.0%, expanding at a CAGR of 3.3% during the forecasted period.
  • By indication, the acute injuries segment will contribute over 56.6% of sales in the global Orthopaedic imaging equipment market.
  • Hospitals and radiology centers will, collectively, account for 68.2% of the market share in 2021.
  • With the advancements in technologies as well as the increasing geriatric population, North America held the largest share of over 30.5% in 2021.
  • India and China are expected to lead the growth of South and East Asia in the global Orthopaedic imaging equipment market.

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“Growing geriatric population, increasing incidence of bone fractures and orthopaedic illness, and increasing need for 3D medical imaging technology are expected to fuel the demand for Orthopaedic imaging equipment over the forthcoming decade,” says the FMI Analyst

Who is winning?

The key market players covered by FMI include General Electric Healthcare Limited, Siemens AG, Esaote SPA, Hitachi Ltd, Koninklijke Philips N.V, PLANMED OY, EOS imaging, Canon Medical Systems Corporation, Carestream Health and Neusoft Corporation.

Some of the leading manufacturers of the Orthopaedic imaging equipment market are focusing on the development of advanced and cost-effective products establishing distribution agreements, collaborations and partnerships strategies for global expansion objectives, thereby, enhancing their market presence.

  • In September 2021, GE Healthcare acquired BK Medical for $1.45Bn to expand its $3bn ultrasound business from diagnostics to surgical and therapeutic interventions.
  • In April 2016, Hitachi Ltd Company integrated Hitachi Medical Corporation and Hitachi Aloka medical into Hitachi Ltd to strengthen its manufacturing operations and to develop low-cost medical devices.

Want more insights?

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031. The global Orthopaedic Imaging Equipment market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on Orthopaedic imaging equipment segment based on Product (X-Ray System, CT-Scanner, MRI System, EOS Imaging Systems, Ultrasound, Nuclear Imaging Systems), Indication (Acute injuries {Sports injuries, Trauma cases}, Chronic Disorders { Osteoarthritis, Osteoporosis, Prolapsed Disc, Degenerative joint diseases} and Others), and End User (Hospitals, Radiology Centers, Emergency Care Facility, Ambulatory Surgical Center) across seven major regions.

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Orthopedic Imaging Equipment Market by Category

By Product:

  • X-Ray Systems
  •  CT-Scanner
  • MRI Systems
  • EOS Imaging Systems
  • Ultrasound
  • Nuclear Imaging Systems

By Indication:

  •  Acute injuries
    • Sports injuries
    • Trauma cases
  • Chronic Disorders
    • Osteoarthritis
    • Osteoporosis
    • Prolapsed Disc
    • Degenerative joint diseases
  • Others

By End-User:

  • Hospitals
  • Radiology Centers
  • Emergency Care Facility
  • Ambulatory Surgical Centers

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By Region:

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

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Global Vutrisiran Market to Surpass US$ 2 Billion in 2023, expanding at a 12% CAGR from 2023 to 2033 | FMI Report

During the forecast period 2023 to 2033, the Vutrisiran market is expected to grow at a value of 12% CAGR, according to Future Market Insights. By the year 2033, the global market for Vutrisiran is expected to rise up to a market valuation of US$ 2087 Million. The growth of the market can be attributed to Vutrisiran offering hope and a new treatment option for patients with hereditary transthyretin-mediated amyloidosis (hATTR).

the launch of Vutrisiran, patients with hATTR has a new, promising treatment option that addresses the underlying cause of the disease. Vutrisiran is a small interfering RNA (siRNA) molecule that works by inhibiting the production of abnormal TTR protein, which is responsible for the buildup of amyloid deposits. By reducing the production of abnormal TTR, Vutrisiran slows down the progression of the disease and improves the quality of life for patients.

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The launch of Vutrisiran is a significant milestone in the field of hATTR treatment. The medication has shown promising results in clinical trials, demonstrating its safety and efficacy in reducing TTR protein levels and improving clinical outcomes in patients. In a Phase III clinical trial, Vutrisiran was found to reduce TTR protein levels by 85% on average, and nearly all patients experienced a significant improvement in their neurological symptoms.

The launch of Vutrisiran is a game-changer for the hATTR market, as it offers a new and effective treatment option for patients with this devastating disease. The medication can potentially improve the lives of thousands of individuals living with hATTR and their families by slowing down the progression of the disease and improving clinical outcomes.

Key Takeaways from the Market Study

  • The global Vutrisiran market is expected to grow with a 12% CAGR during 2023 to 2033.
  • Hospital pharmacies are expected to hold 46% of the market share in 2023 for Vutrisiran market.
  • North America is expected to possess 45% market share for Vutrisiran market in 2023.
  • Europe vutrisiran market size is expected to possess 41% market share in 2023.

“The safety and efficacy of Vutrisiran have been demonstrated in clinical trials. Owing to this, key players are investing in the development of vutrisiran,”statesan FMI analyst

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Competitive Landscape

Key players in the vutrisiran market are Alnylam Pharmaceuticals, Inc., Orphalan, AstraZeneca, Vivet Therapeutics, Pfizer, Ultragenyx Pharmaceutical, Valeant Pharmaceuticals International, Inc., Noblepharma Co., Ltd., Merck & Co., Inc., Teva Pharmaceuticals

  • Alnylam Pharmaceuticals has a strong pipeline of other RNAi-based therapies in development for a range of diseases. The success of Vutrisiran has helped to drive investor confidence in the company and increase funding for its other pipeline drugs, which could result in new treatment options for patients.
  • Alnylam Pharmaceuticals has established patient access programs to ensure that patients who need Vutrisiran have access to the drug. These programs provide financial assistance, support services, and other resources to help patients access and afford Vutrisiran.

More Valuable Insights

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

The study reveals essential insights on the basis of Drug Class (Antisense Oligonucleotides, Nucleic Acids, Nucleotide, Nucleosides) Route of Administration (Injectable, Parenteral, Subcutaneous) Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy) Region (North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East & Africa)

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Key Segments Profiled in the Vutrisiran Industry Survey

Drug Class:

  • Antisense Oligonucleotides
  • Nucleic Acids
  • Nucleotide
  • Nucleosides

Route of Administration:

  • Injectable
  • Parenteral
  • Subcutaneous

Distribution Channel:

  • Hospital Pharmacy
  • Online Pharmacy
  • Retail Pharmacy

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

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

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

About FMI:

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

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Small-scale Bioreactors Market size is expected to stand at US$ 7.71 billion by 2033 | FMI

The global small-scale bioreactors market is predicted to register a CAGR of 14.8% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 1.94 billion in 2023 to US$ 7.71 billion by 2033 end.

New therapies are expected to be increasingly developed in the coming years due to the increased likelihood demand for dedicated manufacturing processes. These processes can be successfully achieved by the use of small-scale bioreactors, consequently leading to their high demand.

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As the years go by, automation and control systems are constantly improving alongside. As a result, it is expected to become easier to optimize and regulate small-scale bioreactors, making them more cost-friendly and efficient.

Moreover, heightened adoption of ceaseless manufacturing processes has been witnessed. Thus, gaining popularity in the pharmaceutical industry is aptly suited for the use of small-scale bioreactors. The booming pharmaceutical industry is expected to be favorable for these bioreactors in the years to come.

Advances in gene and cell therapies and their consequent approval by relevant authorities are expected to enhance the market scope for small-scale bioreactors. This can be ascribed to the increasing demand for scalable and versatile manufacturing processes. Thus leading to successful recognition by the use of small-scale bioreactors.

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Immunization campaigns throughout the world over are expected to enhance product sales in the stipulated time frame. Moreover, government bodies across the world are financially supporting biopharmaceutical research. For instance, in April 2020, the government of South Korea allocated US$ 250 million to introduce the Vaccine Innovative Technology Alliance (VITAL). This is expected to help with vaccine production, research, and use.

Going forward, the demand for personalized medicine is anticipated to grow. As a result, the demand for small-scale bioreactors to develop small batches of customized therapies is expected to bolster market growth. In addition to this, the market is also observing an upsurge in the trend of patient-centric healthcare.

Top Highlights from the FMI’s Analysis of the Small-scale Bioreactors Market:

  • The 1L–3L capacity segment led the market, by acquiring more than 31% of the total market revenue in 2022.
  • The reusable bioreactors segment held more than 80.05% in 2022 and is predicted to maintain its dominance in the years to come.
  • The single-use bioreactors segment is anticipated to expand at a robust pace over the forecast period.
  • The North America market is expected to lead the market over the stipulated time frame.
  • The Asia Pacific market is projected to expand at a robust pace in the assessment period.

Key Updates from the Small-scale Bioreactors Market Regarding its Competitive Side:

  • In December 2022, Inceptor Bio and Ori Biotech came together to support the nascent level process development. To upscale the growth of Inceptor’s distinct CAR-M, CAR-NK, and CAR-T programs. Inceptor Bio is a third partner to sign up for LightSpeed Early Access Program (LEAP) by Ori. The company can now deploy the fully automated CGT manufacturing platform and digital capabilities before its commercial availability.
  • In April 2022, Lonza and Luzhu Biotech entered a commercial and research license agreement. The agreement aims to utilize GS piggyBac transposon technology and Gene Expression System by Lonza.

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Small-scale Bioreactors Market by Category

By Product, the Small-scale Bioreactors Industry is segmented as:

  • Small-scale Reusable Bioreactors
    • Small-scale Stainless Steel Bioreactors
    • Small-scale Glass Bioreactors
  • Small-scale Single-use Bioreactors

By Capacity, the Small-scale Bioreactors Industry is categorized as:

  • Small-scale Bioreactors of 5 ML -100 ML Capacity
  • Small-scale Bioreactors of 100 ML-250 ML Capacity
  • Small-scale Bioreactors of 250 ML -500 ML Capacity
  • Small-scale Bioreactors of 500 ML-1 L Capacity
  • Small-scale Bioreactors of 1L-3L Capacity
  • Small-scale Bioreactors of 3L-5L Capacity

By End User, the Small-scale bioreactors Market is segregated as:

  • Small-scale Bioreactors for Pharmaceutical & Biopharmaceutical Companies
  • Small-scale Bioreactors for CROs & CMOs
  • Small-scale Bioreactors for Academic & Research Institutes

By Region, the Industry of Small-scale Bioreactors is segmented as:

  • Small-scale Bioreactors in North America Market
  • Small-scale Bioreactors in Europe Market
  • Small-scale Bioreactors in Asia Pacific Market
  • Small-scale Bioreactors in Latin America Market
  • Small-scale Bioreactors in the Middle East and Africa Market

About FMI:

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

Contact Us:

Future Market Insights Inc.
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T: +1-845-579-5705
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