Market Research Blog – Page 8186 – New Product Development

Vision Care Market to be worth USD 169.37 billion by 2032 | CAGR of 7.3%

The vision care market is expected to grow at a decent CAGR of 7.3% during the forecast period. The valuation of the vision care market as on 2022 is US$ 83.72 billion, and the market is projected to be valued at US$ 169.37 billion by 2032

The increasing usage of electronic devices, changing lifestyle and hygiene have led to vision-related problems worldwide. The number of patients with vision-related problems have increased and so is the need for vision care products and services.

Vision Care Market: Dynamics

According to the World Health Organization (WHO), approximately 285 million people are visually impaired worldwide. Out of these, 39 million people are blind and 246 million people have low vision. Most of the disorders & conditions causing visual impairment & blindness are preventable or readily treatable with known & cost-effective interventions, and normal vision can be restored with the help of eyeglasses, contact lenses or refractive surgery. Ageing is one of the prime factors responsible for vision-related problems. Population aged 65+ years is growing day by day and with it the demand for eye care-related products and solutions is also increasing.

This increasing ageing population and the growing demand for vision care products are factors expected to create growth opportunities for the manufacturers globally. Healthcare initiatives by the Federal health care programs have increased the number of population opting for vision care benefits. Besides, the out-of-pocket costs have reduced due to insurance coverage. Likewise, in the U.S., “The Patient Protection and Affordable Care Act” has defined eye care for pediatric as an essential benefit? This factor, in particular, is likely to play an instrumental role in driving the growth of the vision care market.

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With a rapid increase in the internet usage, technological changes and number of research-based industries, the usage of laptops, mobiles, PCs and others electronic devices has increased in the day-to-day life, which is the major factor responsible for eye-related problems. To overcome this alarming situation, “VISION 2020 – The Right to Sight” a global action program is conducted by NGOs and private organizations in collaboration with the WHO to prevent avoidable blindness. Also, “VISION 2020” has initiated global campaigns to raise awareness among governments about the societal effects of blindness and to gather a strong, long-term political & professional commitment to reduce avoidable blindness. “VISION 2020” has taken initiatives to develop & strengthen the primary health/eye care methodology to prevent the avoidable blindness.

The growth of the vision care market is driven by the increase in lens prescriptions and eye care professionals such as optometrists and ophthalmologists. Most of the ageing consumers (65+) have low awareness regarding eye health. Product development, particularly for the ageing population, is a major challenge as ageing consumers tend to suffer from dry eyes due to which fitting of contact lens becomes difficult.

Therefore, the products for ageing consumers need more attention. Elderly population prefers spectacles over contact lens due to low awareness regarding their benefits. According to the company, the spectacle lenses segment accounted over 40% revenue share in the global vision care market in 2017. However, the growing popularity of contact lens might limit the segment’s growth in the near future. Contact lenses offer vision correction for the entire field of the eye including peripheral vision. Soft contact lenses are safe for daily use and for sports as well. They do not fog and can be discarded if damaged. Besides, they are economic compared to prescribed glasses.

Vision Care Market: Regional Insights

In Europe and Northern America, more than 1 person in 5 was aged 60 or above in 2017. According to a survey by the WHO, 90% of the visually impaired population is in low- & middle-income countries. A significant share of this population is unaware regarding the preventive care for vision loss, available curative services and quality rehabilitation.

Further, the growing number of ageing population with vision disorders in Asia Pacific is likely to boost the growth of the vision care market in Asia Pacific. Increasing geriatric population and rising disposable income in North America is expected to surge the demand for advanced vision care products and solutions. The North America vision care market is estimated to create an absolute $ opportunity worth US$ 21,735 Mn between 2018 and 2028.

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Vision Care Market: Segmental Analysis

The company has segmented the global vision care market into spectacle lenses, contact lenses and cleaning & disinfecting solutions. In terms of revenue, the spectacle lenses and contact lenses segments are expected to hold significant shares over the forecast period. In contrary, the cleaning & disinfecting solutions segment in the vision care market is expected to exhibit limited investment opportunities, in terms of revenue, through 2028.

Vision Care Market: Companies

The report tracks some of the key companies operating in the vision care market, such as Bausch and Lomb (Acq. by Valeant Pharmaceuticals), Alcon (sub. Novartis AG), CooperVision and Johnson & Johnson, LUXOTTICA GROUP, Essilor, ZEISS International, Safilo Group and Rodenstock.

Vision Care Market Outlook by Category

Product Type:

Spectacle lenses
Contact lenses
Cleaning & disinfecting solutions.

Type:

Rx (Prescription)
Non-Rx (Non-Prescription)

Distribution Channel:

Hospital
Ophthalmic clinics
Optometry stores
E-commerce
Retail hypermarket/superstore

Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan (APEJ)
Japan
Middle East and Africa (MEA)

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MRI Guided Neurosurgical Ablation Market Is Expected To See a growth of 5% CAGR | Future Market Insights

The global MRI Guided Neurosurgical Ablation Market was at US$ 154 Mn in 2021, and is projected to reach US$ 216.3 Mn by 2028, rising at a CAGR of 5% from 2022 to 2028.

MRI-guided neurosurgical ablation uses MRI guided high intensity laser probe for the ablation of brain cancer cells. The device is designed for the treatment of brain tumors. The probe used in the system kills the target cancer cell leaving its neighbor cells unharmed. The patient undergo a surgery, a small blurr hole is created of the diameter of a pencil drilled through skull. MRI in the procedure is used to guide the probe till the target cell. The technique involves emission of highly focused thermal energy to coagulate and kill the target cancer cells. The MRI guided procedure occurs in real time so that the procedure only targets the cancer cell and leave the surrounding tissue unharmed. This is technique is used for tissue that are hard to reach region in brain. MRI guided neurosurgical ablation is usually performed in thalamus, insula and basal ganglia of brain. The technique is more useful and the patient is recovered in several days but less days as compared to the open surgery method. MRI guided Neurosurgical ablation device is used in many brain related disorders such as: Radiation resistant tumor, radiation necrosis due to earlier radiation therapy, glioblastoma multiforme, gial tumor, mesial temporal lobe epilepsy and metastatic brain cancer etc.

The procedure includes a catheter in the tumor but, some cases require more than a catheter. More than one catheter is usually used to maximize the volume of tumor that can be ablated. In MRI guidance neurosurgical ablation device MRI is used to map the temperature of the patient’s brain while performing laser ablation. Neurosurgical ablation surgery is touted to have the highest level of accuracy. The small risk of missing target might results in causing bleeding, which can be minimized with the lasers hemostatic properties.

MRI Guided Neurological Ablation Market: Drivers and Restraints

The global MRI guided neurological ablation market is expected to be fueled by the advancement in the global image guided surgery technologies. The key drivers of the market are the increasing cases of brain tumors, growing ageing population, family history of any cancer and the changing lifestyle. As per the Globocan report in 2012, the incidence rate of brain cancer and nervous system cancer is 1.9% globally. The increasing government initiatives to diagnose and treat early stage cancers is also expected to fuel global MRI guided neurological ablation market. The lack of awareness, less experienced professionals, lack of reimbursement and high cost of MRI device due to high cost of liquid helium that used as a coolant in MRI device is expected to hinder the growth of the market.

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MRI Guided Neurological Ablation Market: Segmentation

The MRI guided neurological ablation market is classified on the basis of product type, end user and geography.

Based on product type, the global MRI guided neurological ablation market is segmented into the following:

Probe
- Tip Laser Probe
- Directional Laser Probe
Fixation Ring
MRI Scanner
Fixation and Transport

Based on end user, the global MRI guided neurological ablation market is segmented into the following:

Hospitals
Diagnostic Imaging Centers
Research Institutes

MRI Guided Neurological Ablation Market: Overview

The ongoing advancement in the imaging technique is expected to drive the market of MRI guided neurological ablation. MRI guided Neurological Ablation system contains probes, fixation rings, MRI scanner and fixation and transport system. Laser probes are of two types directional and tip laser device. A normal laser prober contains directional fiber from where the beam of laser exit, thermo-couple, CO2 cooling tube and probe shaft. Fixation ring is removal and adjustable. Head fixation ring can be rotated and fixed for a flexible positioning of patients head. Fixation and transport system includes transfer system which is used for positioning patients head to the MRI scanner system and head ring. This device allows the surgeons for easy handling of target cancer cell in the brain and helps avoiding any harmful side effects. This advancement in in the imaging technique is increasing the usage of these systems for treatment purposes. The increasing trained surgeons and awareness among the patients is expected to increase the growth of the market. The Hospital end user segment is expected to have maximum share in the market and is also expected to remain in with the maximum share.

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MRI Guided Neurological Ablation Market: Regional Overview

Region wise, the global Colonoscopy market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America dominated the global market for MRI guided neurological ablation due to better experts, better reimbursement and awareness among the common people followed by Europe. The growing adoption of these device by the Neurosurgeons in APEJ is also expected to drive the market.

Market: Key Players

Some of the key players in global MRI guided neurosurgical ablation market Monteris Medical Inc,MRI Interventions and Medtronic.

Key Segments Covered in MRI Guided Neurosurgical Ablation Industry Research

MRI Guided Neurosurgical Ablation Market by Product Type:

MRI Guided Laser Therapy Systems
MRI Guided RF Ablation Systems
MRI Guided Focused Ultrasound Systems
Accessories
- Probes
- Electrodes

MRI Guided Neurosurgical Ablation Market by End User:

Hospitals
Ambulatory Surgical Centers
Research Laboratories

MRI Guided Neurosurgical Ablation Market by Region

North America MRI Guided Neurosurgical Ablation Market
Latin America MRI Guided Neurosurgical Ablation Market
Europe MRI Guided Neurosurgical Ablation Market
East Asia MRI Guided Neurosurgical Ablation Market
South Asia & Pacific MRI Guided Neurosurgical Ablation Market
Middle East & Africa (MEA) MRI Guided Neurosurgical Ablation Market

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Injectable Drug Delivery Market: Top trends driving the industry to reach USD 69.13 Bn

The global injectable drug delivery market is projected at US$ 41.5 Bn in 2022 and is expected to expand at CAGR of 8.9% over 2022–2028, to reach US$ 69.13 Bn by 2028 end. Based on product type, the needle-free injectable drug delivery segment dominated the global injectable drug delivery market in 2017. Moreover, the subtype, prefilled of needle-free injectors segment is expected to have a dominant share of the needle-free type of injectable drug delivery market due to its ease of application. North America is expected to maintain its dominance in the global injectable drug delivery market due to the presence of a large number of manufacturers of injectable drug delivery devices, mostly operating from the U.S.

Increase in prevalence of chronic diseases such as diabetes, cancer and rheumatoid arthritis along with other factors such as need for patient-controlled drug release and increased risk of needle stick injuries are the prominent factors expected to drive the growth of the injectable drug delivery market. Technological advancements have resulted in better product offerings in the injectable drug delivery market. However, some factors such as strict regulatory framework and premium pricing of products are expected to hinder the growth of the injectable drug delivery market. The key trend of the injectable drug delivery market is the increasing demand for point-of-care devices. Injectable drug delivery devices are easy to self-administer and do not require a healthcare professional for administration, which as a result skips the need of hospital visits and relatively lowers the healthcare spending for an individual.

The global injectable drug delivery market has been segmented on the basis of product type, usage, end users and regions. The disposable injectable drug delivery segment is expected to be the most attractive usage segment. Among the three end users, the hospital pharmacies is expected to be the dominant segment due to benefits such as favourable reimbursement policies in most of the countries across the globe.

In terms of value, the global injectable drug delivery market is expected to expand at 8.9% CAGR over the forecast period. With nearly 32% market share, North America was a dominant regional market for injectable drug delivery in 2017, due to growing number of manufacturers in the region and early adoption of new technologies. Western Europe is expected to be the second large market in injectable drug delivery, with Germany, the U.K. and France occupying major shares. APEJ is expected to be third large market for injectable drug delivery, due to requirement of low capital for manufacturing injectable drug delivery.

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Key Research Findings

Increase in demand for point-of-care devices and reduced reliance on healthcare facilities are driving the growth of the global injectable drug delivery market
North America will be the dominant regional market for injectable drug delivery devices due to early adoption of advanced technologies
Most of the major players operate from the U.S., which makes the U.S. the leading market for injectable drug delivery devices in North America
In Europe, a large number of diabetes patients are switching towards needle-free injectable drug delivery devices from conventional injections since it is a painless process and reduces the risk of needle stick injuries
Disposable injectors are the most commonly available type of injectors since they are user friendly and do not require special skills for administration
Prefilled needle-free injectors are the most preferred type of injectors since they are much easier to administer than the fillable type
Price control for most of the injectable drug delivery devices is fierce. For instance, Mylan was pressurised to launch the generic version of the EpiPen to reduce the price of the product in the market. However, this has declined the revenue of the company.
In developed regions, such as North America and Europe, hospitals are the dominant distribution channel due in injectable drug delivery due to the reimbursement policies
The growing competition in the emerging market and the rising demand for injectable drug delivery are the future opportunities for the growth and expansion of the injectable drug delivery market.

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Key Segments:

Product Type:

Self-Injectors
Needle-free Injectors
Auto-Injectors

Usage:

Disposable Injectors
Reusable Injectors

Distribution Channels:

Hospital Pharmacies
Retail Pharmacies
E-commerce

Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa

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Canine Arthritis Treatment Market to be worth USD 3.05 Bn by 2028, Get Insights FMI

The global Canine Arthritis Treatment Market stands at a net worth of US$ 2.39 Bn in 2022. Worldwide demand for canine arthritis treatment medications is predicted to rise at a CAGR of 4.2% and attain a market valuation of US$ 3.05 Bn by 2028. Canine arthritis treatment medicines accounted for 17.2% share of the global rare inflammatory disease treatment market in 2021.

Canine arthritis is a degenerative joint disease that produces inflammation in the joints of dogs as a result of frequent rubbing, cartilage degradation, and long-term joint disease. The knees, elbows, shoulders, hips, and spinal cord are usually the most affected joints in animals. Injuries, overweight, and faulty bone formation are some of the reasons for canine arthritis in dogs.

A notable increase in dog ownership around the world, developing veterinary healthcare infrastructure and rising treatment options for canine arthritis are the key factors for the growth of the global canine arthritis treatment market.

As per the findings of Future Market Insights, the global canine arthritis treatment market is projected to experience significant growth during the forecast period, due to increasing prevalence of obesity induced arthritis among dogs and rise in awareness about the companion animal health. Moreover, ease in the FDA approval for novel and innovative canine arthritis treatment drugs will create growth opportunities for the market players.

The global canine arthritis treatment market valued in 2019 is estimated at ~ US$ 1.9 Bn, and is expected to increase at a CAGR of ~ 4% during the forecast period of 2019-2029.

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Key Takeaways from Canine Arthritis Treatment Market Study

Non-steroidal anti-inflammatory medications are referred as a first choice of veterinarian for the treatment of inflammation and pain. These medications are known to have effects, for example, decreasing tingling, allergic reaction, swelling, and pain. Canines approved non-steroidal anti-inflammatory medications have demonstrated acceptable safety profile, which is in contrast to non-approved NSAIDs.
Growth prospects of the canine arthritis market are relatively high in North America as compared to other regions, attributed to rise in the adoption rate of canines, increasing veterinary expenditure on their health, and greater awareness about the pet health.
Market players remained focused on capitalizing on veterinary hospitals and clinics, as they provide an entire animal care and service support for better pet health.
Oral formulations of major non-steroidal anti corticosteroids medications will continue to account for major share of the manufacturers’ bottom lines, in the view of increasing demand for their ease of administration and better animal compliance.

Robust Clinical Development Pipeline to Dictate Stakeholders’ Strategies

Elanco, Ceva Sante Animale, Boehringer Ingelheim are among the leading players in the canine arthritis treatment market. These manufacturers continue to dominate the market landscape of canine arthritis treatment by ensuring product availability, collaborating with the local distributors, strengthening manufacturing facilities, and strategizing R&D for diversification of product portfolio.

Key Segments Of Canine Arthritis Treatment Industry Survey

Canine Arthritis Treatment Market by Treatment:

Non-steroidal Anti-inflammatory Drugs (NSAIDs)
Opioids
Stem Cell Therapy
Allogeneic Stem Cells
Autologous Stem Cells

Canine Arthritis Treatment Market by Route of Administration:

Oral Canine Arthritis Treatment
Injectable Canine Arthritis Treatment

Canine Arthritis Treatment Market by Distribution Channel:

Veterinary Hospitals & Clinics
Retail Pharmacies
Drug Stores
e-Commerce

Canine Arthritis Treatment Market by Region:

North America Canine Arthritis Treatment Market
Latin America Canine Arthritis Treatment Market
Europe Canine Arthritis Treatment Market
East Asia Canine Arthritis Treatment Market
South Asia & Pacific Canine Arthritis Treatment Market
Middle East & Africa (MEA) Canine Arthritis Treatment Market

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Table of Content

Executive Summary

1.1. Market Outlook

1.2. Analysis and Recommendations

Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

Market Background

3.1. Macro-Economic Factors

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity Analysis

3.1.4. Trends

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Peripheral Vascular Stents Market to cross USD 5.3 Bn by 2028, Says Future Market Insights

According to the latest market report published by Future Market Insights, titled ‘Peripheral Vascular Stents Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028’, the global peripheral vascular stents market is expected to expand at a CAGR of 6.6% over the forecast period 2022–2028.

FMI estimates that the global market for peripheral vascular stents is to be valued at US$ 2,822.5 Mn in 2022 and is expected to expand at CAGR of 6.6% over 2022–2028, to reach US$ 5,324.1 Mn by 2028 end. Based on product type, the self-expanding stents segment dominated the global peripheral vascular stents market, with over 52.1% value share in 2021.

The segment is expected to grow at above 6.6% CAGR over the forecast period.North America is expected to maintain its dominance in the global market due to regulatory approval of several new products such as drug eluting stents in the U.S., Europe and Japan.

Increasing awareness of peripheral surgeries and prevalence of peripheral artery disease in developing countries such as India and Brazil remains the major factor driving the demand for peripheral vascular stents. Increasing in number end users and growing number of ambulatory surgical centres are the other major factors expected to drive the growth of the global peripheral vascular stents market.

An intravascular stent is a synthetic tubular mesh structure used for permanent implant in graft or native vasculature. A stent is basically designed to provide mechanical radial support after assigning; the support is meant to improve vessel patency over the life of the device. After the stent is placed in the intended location, it is expanded by a balloon or self-expanding mechanism.

Global Peripheral Vascular Stents Market: Segmental Forecast

The global peripheral vascular stents market has been segmented on the basis of product type, artery type, end user and regions. Globally, the self-expanding stents is expected to be the most attractive segment from the manufacturers’ point of view. Although there is a high demand for drug eluting stents and the segment leads in terms of market volume in the forecast period, high price of drug eluting stents would lead to low revenue contribution of the product type segment. Among all the artery types, high demand of peripheral stents is expected to come from iliac artery segment due to growing prevalence for peripheral artery disease in many countries across the globe.

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Global Peripheral Vascular Stents Market: Regional Analysis

In terms of value, the global peripheral vascular stents market is expected to expand at 6.6% CAGR over the forecast period of 2022–2028. With nearly 48.5% market share, North America dominated in the global peripheral vascular stents market in 2021, partly due to penetration of newly approved drug eluting stents in the U.S. Western Europe is expected to be the second large market globally, with the U.K., Italy, France and Germany being countries with high growth rates. APEJ is expected to be the second large market for peripheral vascular stents, primarily due to improving immunization access and availability of cost-effective surgeries.

Global Peripheral Vascular Stents Market: Competition Tracking

The market for peripheral vascular stents is consolidated with few players contributing over 55% of revenue share. The key players identified in the global market include Medtronic Plc., Becton, Dickinson and Company, Cardinal Health, Inc., B. Braun Melsungen AG, MicroPort Scientific Corporation, Boston Scientific Corporation, BIOTRONIK SE & Co. KG, Abbott Laboratories, W.L. Gore & Associates Inc., and Cook Medical Inc., among others. Acquisition of established products to gain immediate growth is the key strategy adopted by key players in the market.

Market Segmentation:

Peripheral Vascular Stents Market by Product Type:

Self-Expanding Stents
Balloon-Expanding Stents
Covered Stents
Drug-Eluting Stents

Peripheral Vascular Stents Market by Artery Type:

Carotid Artery
Fem-Pop Artery
Iliac Artery
Infrapop Artery

Peripheral Vascular Stents Market by End User:

Hospitals
Ambulatory Surgical Centers/Outpatients

Peripheral Vascular Stents Market by Region:

North America Peripheral Vascular Stents Market
Latin America Peripheral Vascular Stents Market
Europe Peripheral Vascular Stents Market
East Asia Peripheral Vascular Stents Market
South Asia & Pacific Peripheral Vascular Stents Market
Middle East & Africa (MEA) Peripheral Vascular Stents Market

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Table of Content

Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

Market Introduction

2.1. Market Taxonomy

2.2. Market Definition

Global Peripheral Vascular Stents Market Opportunity Analysis

3.1. Macro-Economic Factors

3.2. Opportunity Analysis

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Disposable Laparoscopic Instruments Market to surpass USD 7 Bn by 2028, Says FMI

Future Market Insights (FMI) delivers key insights on the global disposable laparoscopic instruments market in its upcoming outlook titled “Disposable Laparoscopic Instruments Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028”.

In terms of value, the global disposable laparoscopic instruments market is projected to register a healthy CAGR of 5.7% during the forecast period due to various factors, regarding which FMI offers vital insights in detail. Increasing demand for minimally invasive procedures is expected to bolster the overall growth of the disposable laparoscopic instruments market globally.

The global disposable laparoscopic instruments market is segmented on the basis of product type, indication, end use and region. On the basis of product type, the market has been segmented into laparoscopic scissors, laparoscopic hooks, grasping forceps & dissectors, trocars, laparoscopic suction / irrigation devices and others. The trocars product segment is expected to register impressive CAGR of 5.4% during the forecast period.

Laparoscopy is a minimally invasive surgical technique performed through a keyhole incision. A small camera along with a light source attached to a tube enables surgeons to manoeuvre special disposable laparoscopic instruments to the target area and carry out the surgery.

This technique is mainly preferred for carrying out surgeries related to the pancreas, liver, colon and bile duct. The use of disposable laparoscopic instruments reduces the risk of infection during surgery.

Laparoscopic surgery refers to surgical procedures that are performed through one or multiple small incisions, rather than through a larger incision through the abdominal wall. The number of surgeries is increasing across the globe, more then 15–16 million laparoscopic surgeries are performed across the globe. This directly boosts the demand for disposable laparoscopic instruments as they are safe with no chances of infection. However, in the reusable laparoscopic instruments the chances for infection is high as the sterilization process is done manually in individual hospitals.

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On the basis of indication, the market is segmented into general surgery, bariatric surgery, colorectal surgery, urology surgery, gynaecologic surgeries and others. Gynaecologic surgeries is expected to dominate the overall disposable laparoscopic instruments market throughout the forecast period. It is expected to witness to have US$ 2,122.7 Mn by 2028 end.

On the basis of end users, the global disposable laparoscopic instruments market is segmented into hospitals, ambulatory surgical centres and specialty clinics. In terms of end use, the hospitals segment is expected to witness high growth during the forecast period.

Reducing pricing for market pick up, awareness programs in emerging countries, growing demand for minimally invasive therapies and technological advancement are factors expected to drive the global disposable laparoscopic instruments market over the forecast period.

This report covers trends driving the growth of each segment and offers analysis and insights of the potential opportunities offered in the disposable laparoscopic instruments market in all regions of the world.

North America is expected to dominate the market throughout the forecast period. Foray of leading North American companies into the disposable laparoscopic instruments market over the last few years is a factor expected to boost the overall sale of these devices in the region.

In terms of value, APEJ is expected to witness significant growth during the forecast period. Significant investments in healthcare infrastructure, increasing patient pool along with increasing geriatric population in APEJ are factors expected to boost the revenue growth of the disposable laparoscopic instruments market in the region.

The key players in the global disposable laparoscopic instruments market include B. Braun Melsungen AG, Medline Industries, Inc., Stryker Corporation, Ackermann Instrumente GmbH, ASFS Medic’s company, Medino GmbH, Péters Surgical, Medtronic, Mediflex Surgical Products and Grena LTD.

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Key Segments of Disposable Laparoscopic Instruments Industry Research

Disposable Laparoscopic Instruments Market by Product Type

Laparoscopic Scissors
Laparoscopic Hooks
Grasping Forceps & Dissectors
Trocars
Laparoscopic Suction / Irrigation Devices
Others

Disposable Laparoscopic Instruments Market by Indication

Disposable Laparoscopic Instruments for General Surgeries
Disposable Laparoscopic Instruments for Bariatric Surgeries
Disposable Laparoscopic Instruments for Colorectal Surgeries
Disposable Laparoscopic Instruments for Urology Surgeries
Disposable Laparoscopic Instruments for Gynecologic Surgeries
Others

Disposable Laparoscopic Instruments Market by End Use

Disposable Laparoscopic Instruments for Hospitals
Disposable Laparoscopic Instruments for Ambulatory Surgical Centers
Disposable Laparoscopic Instruments for Specialty Clinics

Disposable Laparoscopic Instruments Market by Region

North America Disposable Laparoscopic Instruments Market
Latin America Disposable Laparoscopic Instruments Market
Europe Disposable Laparoscopic Instruments Market
East Asia Disposable Laparoscopic Instruments Market
South Asia & Pacific Disposable Laparoscopic Instruments Market
Middle East & Africa (MEA) Disposable Laparoscopic Instruments Market

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Drug Designing Tools Market Worth USD 5.15 Bn by 2028 – Exclusive Report by FMI

The global drug designing tools market is expected to grow from US$ 1,777.3 Mn in 2021 to US$ 5,150.1 Mn by 2028, expanding at a CAGR of 8.7% in terms of revenue during the forecast period (2022-2028). In a new report by Future Market Insights, the global drug designing tools market is tracked in terms of value and is calibrated to obtain the market revenue estimates. The adoption of advanced technologies in drug designing tools and increasing requirement of time- and cost-effective tools are boosting growth of the drug designing tools market. However, infrastructure compatibility is a major problem faced by most organizations and is likely to challenge revenue growth of the global drug designing tools market.

To understand and assess the demand and opportunities in the drug designing tools market, the report is categorically split into four major sections that focus on market analysis by solutions, by application, by end user, and by region.

The section – market analysis by solutions comprehensively analyses the market on the basis of multi databases, virtual screening tools, structure designing/building tools, predictive analytics, model building tools, and other solutions in terms of value for the period 2022-2028. In 2022, the multi databases segment dominated the drug designing tools market, followed by the virtual screening tools segment. The predictive analytics segment is projected to expand at the fastest CAGR of 13.22% over the forecast period in the drug designing tools market in terms of revenue, followed by the virtual screening tools segment.

The section – market analysis by application, analyses the various applications that use drug designing tools, and the data is provided in terms of value for 2022-2028. The binding site prediction segment is expected to expand at a significant CAGR of 12.75% in terms of value during the forecast period. In terms of market share, the docking segment accounted for a major percentage of the revenue share of the overall market in 2021, and is expected to dominate the drug designing tools market throughout the forecast years, followed by the target prediction segment.

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The section – market analysis by end user, analyses various users that use tools in research and development, and the data is provided in terms of value for 2022-2028. The contract research organisations segment is expected to expand at a significant CAGR of 11.99% in terms of value during the forecast period. In terms of market share, the pharmaceutical companies segment accounted for a major percentage of the revenue share of the overall market in 2021, and is expected to dominate the drug designing tools market throughout the forecast years, followed by the biotechnology companies segment.

The section – market analysis by region includes an in-depth country-level analysis of the key regions in the world, namely, North America, Latin America, Western Europe, Eastern Europe, SEA & Others of APAC, China, Japan, and Middle East & Africa by product type, end user, and countries; and provides market data in terms of value for the forecast period 2022-2028. In 2022, the market in North America dominated the overall global drug designing tools market, followed by the market in Western Europe.

Key Players:

Agilent Technologies
Schrödinger LLC
Biovia Corporation
BioSolveIT GmbH
ChemAxon
Albany Molecular Research Inc.
OpenEye Scientific Software Inc.
XtalPi Inc.

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Key Segments of Drug Designing Tools Industry Analysis

Drug Designing Tools Market by Solution:

Multi Databases
Virtual Screening Tools
Structure Designing/ Building Tools
Predictive Analytics
Model Building Tools
Others

Drug Designing Tools Market by Application:

Chemical Screening
Molecular Modeling/ Homology Modeling
Target Prediction
Binding Site Prediction
Docking
Energy Minimization
Others

Drug Designing Tools Market by End User:

Pharmaceutical Companies
Biotechnology Companies
Academic and Research Institutes
Contract Research Organizations
Others

Drug Designing Tools Market by Region:

North America Drug Designing Tools Market
Latin America Drug Designing Tools Market
Europe Drug Designing Tools Market
East Asia Drug Designing Tools Market
South Asia & Pacific Drug Designing Tools Market
Middle East & Africa (MEA) Drug Designing Tools Market

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Automotive Camshaft Market Key Insights, Profiling Companies and Growth Strategies by 2031 – FMI

In a new study on the automotive camshaft market, analysts at Future Market Insights predict a 4.5% growth rate in terms of value for automotive camshafts in the coming decade. The global automotive camshaft market is projected to reach a valuation of US$ 4,462.2 Mn by the end of 2031, up from an estimated US$ 2,861.2 Mn in 2021.

Electric vehicles are the latest disruption in the automotive industry that may render the internal combustion engine obsolete in just a few years’ time. The ramifications of this disruption will no doubt hit the engine auto parts ecosystem, and if market demand for the internal combustion engine crashes, the demand for ancillary products such as camshafts is bound to follow suit. What this means for the automotive camshaft market is decreased product requirement in the global market, thereby leading to a significant loss in revenue.

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As per Future Market Insights (FMI) analysis, the automotive camshaft market will generate revenue, totaling US$ 2.7 Bn in 2021. FMI projects the market to register compound annual growth rate (CAGR) of 4% between 2021 and 2031.

Despite restrictions posed by unprecedented COVID-19 outbreak, the market recorded exhibited impressive 6.2% year-on-year growth between 2020 and 2021. FMI projects the top players, including Thyssenkrupp AG, Mahle GmbH, Precision Camshaft Limited, KAUTEX TEXTRON GmbH & Co. KG, and Linamar Corporation to account for over 43% of the market in 2021.

Having said this, while electric vehicles have been around since the mid-nineteenth century, the popularity of these machines with respect to sustainability and environment friendliness has come to the forefront only since the beginning of the 21^st century. While leading automobile manufacturers strive to innovate in their electric vehicle product offerings, the good old internal combustion engine continues to hold sway in the global automotive industry. As a result, the demand for automotive engine parts such as camshafts is still on a relatively stable growth path.

This growth will be primarily driven by the increasing number of passenger cars used for recreational purposes, growing purchasing power of the middle class in developing economies, and the availability of capital for expansion of manufacturing facilities in mature and emerging markets.

Manufacturers to Ensure Production Compliance with Industry 4.0

With manufacturing fast moving towards Industry 4.0 governed by the Industrial Internet of Things (IoT), there is an increasing thrust on cyber-physical computing systems in the global automotive industry. Camshafts play a crucial role in gathering data pertaining to process control that helps monitor vehicle performance, and manufacturers – to ensure compliance with the new standards of Industry 4.0 – are shifting to the production of sensorised components and mechatronic products to facilitate the integration of digitalisation with traditional manufacturing processes.

Another trend witnessed in the automotive camshaft market is the adoption of machined camshafts over raw camshafts. Owing to the inherent properties of machined camshafts such as reduction in overall assembling time, reduction in leverage cost, and ability to impart high strength, manufacturers in the automotive camshaft market are adopting machined camshafts over raw camshafts.

Another reason for increased adoption of machined camshafts is the growing vehicle demand across certain regions such as the Americas. Manufacturers are challenged to customize and design raw camshafts according to specific customer needs and find it beneficial to procure machined camshafts to save production time. It is anticipated that the demand for machined camshafts will rise by 37% in 2018 as compared to 2017.

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The Automotive Camshaft Market is segmented as given below

Product Type:

Cast Camshaft
Forged Camshaft
Assembled Camshaft

Vehicle Type:

Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle

Sales Channel:

Original Equipment Manufacturer (OEM)
Aftermarket

Region:

Americas
Western Europe
Eastern Europe
South East Asia and Pacific
China
India
Japan
Middle East and Africa

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The Future of Automobile Engines: A ‘Camless’ Internal Combustion Engine

In the wake of governmental regulations pertaining to emissions, manufacturers of automobiles are looking for alternate sources of fuel to power their vehicles. Electric vehicles and hybrids are already in the market and fuel optimised electric gasoline driven powertrains will define the vehicles of the future.

A new system that has been introduced in the automobile components market – Intelligent Valve Actuation (IVA) – replaces the conventional camshaft with actuators, thereby providing exceptional control over combustion. This innovation is pure engine economy without an electricity powered motor and minus the issues pertaining to emission. Hybrid vehicles with IVA is where the future is headed.

“Manufacturers in the global automotive camshaft market need to focus on manufacturing lightweight and high quality camshafts that reduce the weight of the engine and also limit air pollution from the tail pipe emission.” – Automotive Research Team, Future Market Insights

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

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Intelligent Motor Control Market Forecast – Dominance of the Leading Companies Over the Global Industry

Future Market Insights upcoming report on global Intelligent Motor Control Market Forecast uncovers hidden opportunities and potential threats. The report gives an incisive coverage on the Intelligent Motor Control Market through a detailed segmentation on its key growth drivers, opportunities, restraints and challenges expected to prevail the Market in the upcoming years. According to FMI, the industrial automation industry is expected to have a positive outlook through 2021 and beyond.

Increasing usage of machines and demand for high quality products in various industries coupled with installation of smart devices in the machinery are some of the factors propelling the growth of Intelligent Motor Control Market in industrial automation industry. Industries are implementing the automation to increase the productivity and reduce labor costs. FMI provides detailed insights about the industry for the Market players to craft their long-term strategies to maintain the competitive edge in the industry.

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

Understanding the Impact of Covid-19 on Industrial Automation Industry

The COVID-19 outbreak has been posing staggering challenges for the industry. Like other industries, the industrial automation industry has been particularly affected due to the lack of equipment and availability of the products. Furthermore, dearth of labor, factory closures, and supply restrictions induced by the pandemic crisis resulted in slight setback in 2020.

Lack of human assistance and key player’s hesitation in investing for high-end machineries during the pandemic has negatively impacted the industrial automation industry in 2020. However, with relaxation in lockdown, the Intelligent Motor Control Market has picked up the pace.

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

Key Questions Answered in the Report

What are the key trends and challenges that will affect global Intelligent Motor Control Market in upcoming years?
What are the factors that will influence the Intelligent Motor Control Market demand?
Which region will be the most lucrative for Intelligent Motor Control Market throughout the forecast period?
How will evolving regulatory policies impact the Market growth?
What is the impact of Covid-19 on the Intelligent Motor Control Market?

Intelligent Motor Control Market: Segmentation

Detailed analysis on the geographical region and country wise insights are offered in the latest Intelligent Motor Control Market report with established Market players as well as incumbents in the region.

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On the basis of operating voltage, the global intelligent motor control market has been segmented as:

Low Voltage Intelligent Motor Control
Medium Voltage Intelligent Motor Control
High Voltage Intelligent Motor Control

On the basis of motor type, the global intelligent motor control market has been segmented as:

AC motor
DC motor

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

Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth

Why Future Market Insights?

Comprehensive analysis on evolving purchase pattern across different geographies
Detailed insights of Market segments and sub-segments for historical as well as forecast period
A competitive analysis of prominent players and emerging players in the Intelligent Motor Control Market
Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
Ground breaking research and Market player-centric solutions for the upcoming decade according to the present Market scenario

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COPD Therapeutics Market is Anticipated to Register 5.1% CAGR through 2022-2032

The COPD Therapeutics Market was valued at US$ 11,668.8 million in 2022 and is anticipated to reach US$ 20,127.7 million by 2032, growing at a CAGR of 5.1% during the projected period.

Chronic Obstructive Pulmonary Disease is a broad term used for defining progressive lung diseases like emphysema, refractory asthma, chronic bronchitis and some other forms of bronchiectasis. The symptoms of Chronic Obstructive Pulmonary Disease are so common that sometimes people fail to understand that they are suffering from Chronic Obstructive Pulmonary Disease and consider it as normal cold, cough and symptoms of aging. Symptoms are sometimes not even visible in the early stages of disease and the disease remains undiagnosed for a long time.

The symptoms of Chronic Obstructive Pulmonary Disease include wheezing, tightness in the chest, frequent coughing and increased breathlessness. Chronic Obstructive Pulmonary Disease can be treated using different types of drugs and therapies including oxygen therapy and pulmonary rehabilitation programs. In case of extreme severity of Chronic Obstructive Pulmonary Disease surgery is recommended which includes lung volume reduction surgery, lung transplant and bullectomy.

According to the data of British Lung Foundation approximately 1.2 billion people were suffering from Chronic Obstructive Pulmonary Disease in the U.K. alone in 2011. Also according to the COPD Foundation approximately 30million Americans were suffering from Chronic Obstructive Pulmonary Disease in 2013. Chronic Obstructive Pulmonary Disease is one of the leading causes of death worldwide. This data demonstrates the ever increasing demand of Chronic Obstructive Pulmonary Disease treatment worldwide and hence also shows the potential that the Chronic Obstructive Pulmonary Disease therapeutics market holds.

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Chronic Obstructive Pulmonary Disease Therapeutics Market: Drivers and Restraints

The most important factors that are expected to drive the growth of the Chronic Obstructive Pulmonary Disease market includes the ever increasing number of cases of Chronic Obstructive Pulmonary Disease globally. Also the change in the lifestyle is responsible for increasing the habits like smoking and increase in the number of genetic disorders which in turn are responsible for raising the number of Chronic Obstructive Pulmonary Disease patients.

Other factors that can boost the revenue from the Chronic Obstructive Pulmonary Disease therapeutics market are rising expenditures on healthcare that is leading to the adoption of Chronic Obstructive Pulmonary Disease treatments in the emerging economies. Increase in the level of awareness has also lead to the early diagnosis of the Chronic Obstructive Pulmonary Disease so that people can go for the treatment of the disease.

Factors that can limit the growth of the therapeutic enzymes in the forecast period include the fact that not all the patients who are suffering from Chronic Obstructive Pulmonary Disease are aware of the fact that they are suffering from the disease and therefore do not go for the treatment of the disease. Also sometimes people get to know about their disease when the disease can’t be cured by only medication and therapies and surgery becomes mandatory. This factor can also lead to a slow growth in the revenue from the Chronic Obstructive Pulmonary Disease therapeutics market.

Chronic Obstructive Pulmonary Disease Therapeutics Market: Overview

Chronic Obstructive Pulmonary Disease therapeutics market is a growing market and is expected to see an even higher growth in the forecast period. Factors such as increase in the population suffering from Chronic Obstructive Pulmonary Disease worldwide and increasing awareness about Chronic Obstructive Pulmonary Disease are responsible for fueling the growth of the Chronic Obstructive Pulmonary Disease therapeutics market.

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Betterment of the healthcare infrastructure in Asia Pacific and Middle East and Africa is also responsible for the revenue growth of the Chronic Obstructive Pulmonary Disease therapeutics market in the forecast period.

Chronic Obstructive Pulmonary Disease Therapeutics Market: Region-wise Outlook

Chronic Obstructive Pulmonary Disease therapeutics market is in its growth phase and hence this market is expected to see very high growth in the emerging economies like Latin America and Asia Pacific due to high population growth in these regions. North America Chronic Obstructive Pulmonary Disease therapeutics market is the most developed market in terms of revenue, followed by Europe. Middle East and Africa are also expected to see higher growth due to growing advancement in the healthcare infrastructure.

Chronic Obstructive Pulmonary Disease Therapeutics Market: Key Market Participants

Some of the key participants of Chronic Obstructive Pulmonary Disease therapeutics market include Pfizer Inc, Adamis Laboratories Inc., GlaxoSmithKline plc.

The report covers exhaustive analysis on

Market Segments
Market Dynamics
Historical Actual Market Size, 2012 – 2014
Market Size & Forecast 2017 to 2027
Supply & Demand Value Chain
Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Aircraft Refurbishing Market Drivers and Restraints

Regional analysis includes

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

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

Chronic Obstructive Pulmonary Disease Therapeutics Market: Segmentation

Chronic Obstructive Pulmonary Disease therapeutics market can be segmented on the basis of components and end user.

On the basis of component