Market Research Blog – Page 831 – New Product Development

India’s Static Compression Therapy Market Anticipated to Grow at 7.2% CAGR, Driven by Rising Demand for Advanced Compression Products

India’s static compression therapy market is on a steady growth trajectory, estimated to reach a value of USD 112.0 million by the end of 2016. With a projected compound annual growth rate (CAGR) of 7.2% in the coming years, the market is driven by rising demand for compression garments and bandages, particularly among diabetic and elderly populations who require solutions for managing conditions such as foot ulcers, varicose veins, and spider veins.

Static compression therapy applies targeted pressure to body parts, reducing swelling and enhancing blood flow, offering relief to patients with circulatory and venous issues. This therapy is gaining traction in India due to growing healthcare expenditure and improvements in the distribution channels of static compression therapy products. As demand rises, new companies are entering the market, leveraging technological advancements to offer high-quality compression garments and bandages.

Drivers and Trends

Increasing diabetic population in India is expected to create increasing demand for compression stockings and diabetic socks. Around 5.4% of the total world population is expected to be diabetic by 2025. By 2030, 80 Mn people are expected to suffer from diabetes, creating significant opportunity for the static compression therapy market. Indian healthcare spending is increasing rapidly and the healthcare industry in the country is expected to reach US$ 280 Bn by 2020. This is in turn expected to boost growth of the static compression therapy market in India over the forecast period.

Favourable government schemes such as Jan Aushadhi Scheme, which is focused on reducing prices, and providing quality medicines to poorer masses in the country, and is expected to boost demand for static compression therapy products. Also, geriatric population in India is expected to reach 198 Mn by 2030. Growing geriatric population is expected to drive growth of the static compression therapy market as almost 70% of pressure ulcers occur among this age group.

Currently, in India, the use of compression bandages is higher than that of compression stockings, mainly because compression bandages are relatively cheaper. However, ease of wearing compression stockings is one of the major factors expected to lead to increasing shift in preference for compression stockings and diabetic socks over compression bandages over the forecast period.

Competitive Landscape

Key market participants covered in the report include 3M Co., BSN Medical., Sigvaris AG and Vissco Healthcare. The primary focus of these companies is towards establishing distribution channel and creating awareness about benefits of static compression therapy in India. The report covers several important developments in these companies as well as their SWOT analysis.

A Detailed Full Report

Key Segments Covered

By Product Type:

Compression Bandages
Compression Garments
- Upper Garments
- Lower Garments

By Distribution Channel:

Retail Pharmacies
Online Pharmacies

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Global Grant Management Software Market: Key Players Empowering Non-profits and Businesses with a 10.3% CAGR Forecast by 2033 | Future Market Insights, Inc.

The grant management software market is predicted to be worth US$ 2,522.1 million in 2023 and rise to US$ 6,742.4 million by 2033. The global industry was expanding at a CAGR of 8.2% from 2018 to 2022.

SMEs are becoming prevalent in developing nations and are likely to utilize software-based automated solutions. As SMEs place huge emphasis on automated solutions to improve business operations, there is an increase in the demand for grant management software.

Businesses comprehend budget prediction and grant budget reports due to grant management software analytics. Companies in underdeveloped countries are becoming aware of the advantages of grant management solutions and adopting advanced technologies.

The primary driver of the grant management software industry is the rising adoption of new technologies like AI and ML (Machine Learning). A good opportunity to assess and lessen risks for grantors and grant recipients is presented by the automation and digitization of the entire grant process.

Key Takeaways

By 2033, the grant management software market in the United Kingdom is likely to expand, with a CAGR of 11.4%.
In 2022, the United States dominated the grant management software sector, with a share of 16.5%.
The grant management software market was significantly expanding, with a size of US$ 1,689.7 million in 2022.
By 2033, the grant management software market in China is likely to expand, with a CAGR of 9.6%.
In 2022, Germany expanded the grant management software business, with an expected share of 8.6%.
The market is expected to grow at a US$ 3,384.6 million valuation by 2026, with the integration of 5G technologies.
By 2033, India is projected to expand significantly in the grant management software market, with a share of 12.2%.
Japan’s grant management software industry share expanded significantly, with a 4.3% share in 2022.
In 2022, solutions dominated the market with a share of 56.5%. It is anticipated to control the market by 2033 in terms of components.
Based on the end user, the corporations’ segment dominated the market with a share of 20.1% in 2022.

Approaches by Key Players

The grant management software market’s competitive environment is highly fragmented due to the presence of numerous companies. They are concentrating on analyzing grant applications and introducing better grant life cycle management systems. Even grant management software start-ups are becoming popular. To offer top-notch services, they are bringing cloud-based solutions to the market.

Key Players

Wizehive
Salesforce.org LLC
Submittable
Oracle
Workday Inc.
AT&T
Alphabet Inc.
Amazon.com Inc.
Apple Inc.
Baidu Inc.
Comverse Technology Inc.
Google LLC
InMobi
Kongzhong Corp.
Vodafone Group Plc

Recent Developments :

On June 30, 2021, Deutsche Telekom, Ericsson, and Samsung successfully finished a 5G E2E network slicing experiment. The slicing trial was carried out at Deutsche Telekom’s Bonn facility utilizing commercial Samsung S21 technology and a VR (Virtual Reality) headset.
On June 21, 2021, Verizon Communications Inc. announced that it has acquired Senion AB, an indoor positioning technology that offers organizations location sharing, indoor wayfinding, geofencing, and analytics.
AmpliFund and the states of Illinois and the Commonwealth of Puerto Rico partnered in 2019 to automate their infrastructure by putting grant management systems in place in the two states. This collaboration promotes compliance, lowers grant funding risk, and increases grant money.
Peer-to-Peer Fundraising Solution was introduced by Blackbaud in the United States in February 2019 with no subscription fees. The JustGiving-powered Blackbaud Peer-to-Peer Fundraising solution offers groups working for social good an unrivalled opportunity.

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Global Veterinary Vaccines Market Expected to Reach USD 15,632.4 Million by 2034 at a 5.2% of CAGR Amid Rising Demand for Advanced Pet Care

The global veterinary vaccines market is projected to experience steady growth, with an estimated valuation of USD 9,433.9 million in 2024. Fueled by a compound annual growth rate (CAGR) of 5.2% from 2024 to 2034, the market is expected to reach USD 15,632.4 million by 2034.

As pet ownership continues to rise worldwide, pet owners are increasingly prioritizing advanced care and preventive health measures for their animals. This trend is leading to greater investments in quality pet food, veterinary treatments, and vaccines to safeguard animal health. With heightened awareness about disease prevention, vaccines are becoming essential in veterinary care for dogs, cats, birds, and other companion animals.

The adoption of innovative veterinary treatments and preventative technologies is expected to further drive growth in the veterinary vaccines market, as pet owners seek effective ways to enhance the quality of life and longevity of their pets. Veterinary vaccine manufacturers are also expanding their offerings to meet the diverse needs of pet and livestock owners alike.

Vaccine developments are is on the rise aid by the increased R&D investments by government entities are creating a robust opportunities to the vaccine industry. These millions of dollars’ worth of investments indicate a well thought out plan to enhance animal health by coming up with new vaccines.

For instance, large sums of money are being pumped into vaccine development for animals by America and Great Britain in recent times. These monies, which run into millions, have been channeled to different segments of the veterinary vaccine industry such as research institutions, universities, public entities and industry players.

The funding has helped to initiate research initiatives that are intended to tackle common diseases in livestock as well as enhancing the effectiveness of veterinary vaccines.

More precisely, according to the Global AMR R&D Hub, nearly 80% or USD 54 million out of 53 projects in 2021 found their way from USA, Great Britain and European Union (EU) which separately contributed USD 19 million, USD 18 million and USD 16 million.

Competitive Landscape of the Veterinary Vaccines Industry

The veterinary vaccines industry is consolidated with the presence leading manufacturers. Key players in the livestock vaccination industry are increasingly focusing on product development, including obtaining approvals from regulatory bodies and launching new products.

The launch of new vaccines following regulatory approvals not only addresses emerging disease threats but also meets the growing demand for advanced veterinary solutions, thereby strengthening the industry presence of these companies.

Recent Industry Developments in the Veterinary Vaccines Market

In May 2024, MSD Animal Health, a division of Merck & Co., Inc., Rahway, N.J., USA, has announced that the European Commission has approved the marketing authorization for the INNOVAX®-ND-H5 vaccine for chickens.
In July 2020, Elanco Animal Health announced the launch of the first oral flea and tick product for cats, Credelio® CAT (lotilaner)
In June 2024, At the World Buiatrics Congress in Mexico, HIPRA introduced the new DIVENCE® range, showcasing advanced vaccines designed to significantly enhance the prevention of major viral diseases in cattle.

Key Players of the Veterinary Vaccines Industry

Bioveta, Inc.
Merck & Co., Inc. (MSD Animal Health)
Zoetis Services LLC.
Elanco (Eli Lilly)
Ceva
Boehringer Ingelheim International GmbH
Kemin Industries, Inc.
HESTER BIOSCIENCES LIMITED
Phibro Animal Health Corporation
Virbac
LETI Pharma
Ourofino
HIPRA
Jinyu Biotechnology Co., Ltd.
Indian Immunologicals Ltd.
Vaxxinova
Biogénesis Bagó

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Veterinary Vaccines Market Segmentation

By Technology:

In terms of technology, the industry is segregated into attenuated live vaccines technology, inactivated vaccines technology, subunit vaccines technology, toxoid vaccines technology, and DNA vaccines technology

By Animal:

In terms of animal, the industry is segregated into companion animals (canine, avian, and feline), livestock animals [ruminants, camels, sheep, goats, poultry (breeders, broilers, and layers), equine, bovine, porcine], and aquaculture.

By Disease Indication:

In terms of disease indication, the industry is segregated into Foot & Mouth Disease (FMD), Newcastle Disease, Porcine Reproductive & Respiratory Syndrome (PRRS), Canine Parvovirus, Brucellosis, Avian Influenza, and others

By Distribution Channel:

In terms of distribution channel, the industry is segmented into veterinary hospital pharmacies, veterinary clinics, retail pharmacies, and online pharmacies.

By Region:

Key countries of North America, Latin America, East Asia, South Asia & Pacific, Western Europe, Eastern Europe, Central Asia, Russia & Belarus, Balkan & Baltic Countries, and Middle East & Africa have been covered in the report.

Author By:

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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North America Enterprise Video Market is Anticipated to Expand at 11% CAGR and is Likely to Cross US$ 44,299.9 Million by 2033 End | Future Market Insights, Inc.

The North American enterprise video market was worth US$15,647.2 million in 2023. It is anticipated to expand at an 11.0% CAGR from 2023 to 2033, reaching about US$44,299.9 Million by 2033.

The industry for video-based goods and services is the definition of the market for enterprise videos in North America. Enterprises utilize them to promote training, collaboration, and communication.

It consists of items such as streaming media, video walls, digital signs, and video conferencing. It also offers services, including video hosting, video production, and video analytics.

For their products and services, a number of enterprise video solution companies are using cloud computing technologies. A unified communication platform is offered to end users through a cloud-based enterprise video solution.

Cloud storage, recording, and video content management are also included. The cloud solution allows customers to scale up and down their demands.

Users can also be charged differently depending on how they want to utilize the site. According to Future Market Insights (FMI), the North American enterprise video market accounts for around 21.5% of the global business video industry.

Since it began in 2020, the pandemic has pushed the move toward remote work. Several companies in North America are looking for strategies to maintain team communication and engagement. Teams can collaborate, communicate, and stay productive no matter where they are thanks to enterprise video platforms.

Businesses are discovering that video, a highly engaging medium, might help them interact with their clients and staff more effectively. Businesses can boost engagement and enhance conversions by using video in their marketing and communication efforts.

These are also becoming more inexpensive. Enterprise video platforms are nowadays available to businesses of all sizes. More businesses are utilizing video in their marketing and communication strategies as the cost of video production and distribution continues to drop.

High-speed internet accessibility has significantly boosted enterprise video sales in North America. It has gotten simpler for businesses to implement video communication and collaboration solutions as more employees have access to quick and dependable internet connections.

Key Takeaways:

North America enterprise video industry witnessed an average CAGR of 7.0% in the historical period from 2018 to 2022.
The United States is projected to generate a share of 79.4% in 2023 in North America market.
Canada enterprise video market is set to exhibit a CAGR of 15.1% in the next ten years.
By solution, the video conferencing category is estimated to hold a market share of 66.8% in 2023.
By deployment, the cloud-based deployment segment held a market share of 42.7% in 2022.

“It is now simpler for businesses to embrace and use video communication & collaboration tools owing to the widespread availability of cloud-based enterprise video solutions. They benefit from greater flexibility and scalability thanks to cloud-based technologies. They can also simply adjust their usage based on their needs and access video tools from any location thanks to these,” – says a lead analyst at FMI.

Competitive Landscape:

A range of video services, including live streaming, video on demand, video conferencing, and webinars, are available from enterprise video service providers across North America. They are able to meet the varied needs of their customers by offering a broad variety of services.

Security and compliance elements are being prioritized by providers due to the growing need for secure and compliant video content. A few of these include encryption, access restrictions, and password protection.

For instance,

Adobe Systems Incorporated debuted its new Adobe Video product in June 2021. To assist businesses in swiftly and effectively creating and managing videos, it includes sophisticated analytics and collaboration tools.

Key Companies Profiled:

Cisco
Zoom
Avaya
Adobe
Brightcove
Kaltura
Microsoft
Google
IBM Corporation
Vimeo
Qumu Corporation

Drivers and challenges have an impact on market dynamics, which can impact your business. Find more insights in this sample report: https://www.futuremarketinsights.com/reports/sample/rep-gb-17194

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Global Digital Breast Tomosynthesis (DBT) Equipment Market Poised for Robust Growth, Projected to Reach USD 9,495.1 Million by 2033 at a 13.9% of CAGR

Global Digital Breast Tomosynthesis (DBT) Equipment Industry — Global Digital Breast Tomosynthesis (DBT) Equipment Market

The global digital breast tomosynthesis (DBT) equipment market is set for rapid growth, with an estimated compound annual growth rate (CAGR) of 13.9% from 2023 to 2033. Valued at USD 2,594.4 million in 2023, the market is projected to reach USD 9,495.1 million by 2033, fueled by the increasing prevalence of breast cancer and the growing need for accurate screening and diagnostic tools.

Digital breast tomosynthesis, or 3D breast tomosynthesis, represents a breakthrough in breast cancer detection technology. By capturing a series of 2D images and reconstructing them into a 3D view, DBT enables radiologists to detect breast cancer more precisely, especially in women with dense breast tissue. Compared to traditional mammography, which provides only 2D images, DBT significantly reduces the risk of false positives and enhances diagnostic accuracy.

This advanced technology has become a preferred choice in breast cancer screening programs worldwide, offering a higher detection rate and increased reliability for early diagnosis. As breast cancer cases continue to rise, the demand for digital breast tomosynthesis equipment is expected to grow, encouraging manufacturers to expand production capacities and invest in R&D for further technological advancements.

Key Highlights of the Digital Breast Tomosynthesis (DBT) Equipment Industry

Due to increased awareness and demand for advanced breast cancer screening, the digital breast tomosynthesis equipment market is expanding rapidly.
DBT equipment’s technological developments foster digital breast tomosynthesis (DBT) equipment market expansion and enhance breast cancer early detection rates.
As healthcare providers attempt to improve diagnostic accuracy and lower false positives, DBT equipment adoption is rising globally.
Accessibility to advanced breast cancer screening is being improved by market growth for cost-effective DBT equipment solutions.
Market trends point to a move toward 3D mammography, with DBT equipment setting the standard in breast imaging.

Competitive Analysis

The digital breast tomosynthesis equipment market is strongly competitive, with many businesses fighting for market share. Leading digital breast tomosynthesis equipment manufacturers use tactics like innovation, research and development investments, and collaborations to preserve their competitive advantage.

New digital breast tomosynthesis (DBT) equipment manufacturers are joining the market with creative solutions, escalating the rivalry and accelerating the development of DBT equipment. The rising demand for breast cancer screening options fuels the digital breast tomosynthesis (DBT) equipment industry’s competitive dynamics.

Vital Digital Breast Tomosynthesis (DBT) Equipment Manufacturers

GE Healthcare
Siemens Healthineers
Hologic Inc.
Canon Medical
FUJIFILM Holdings Corporation
General Electric Company
Internazionale Medico Scientifica
PLANMED OY
Analogic Corporation
Trivitron Healthcare

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Key Segments

By Product:

3-D Equipment
3-D Upgradation

By End User:

Hospitals
Diagnostic Centres

By Region:

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

Author By:

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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Global IoT Communication Protocol Market to Surpass US$ 24.6 Billion by 2032 Amid Skyrocketing Demand for Smart Home Appliances | Future Market Insights, Inc.

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In 2032, the IoT communication protocols Market is anticipated to be worth US$ 24.6 Billion. In 2022, its estimated value was US$ 15.9 Billion. It is likely to see a CAGR of 4.5% between 2022 and 2032.

Consumer electronics are integrating IoT communication protocols as they enable connectivity and communication across devices. These facilitate the development of connected and smart products further.

These protocols give data sharing a defined structure and make it possible for devices from various manufacturers to work together. They aid in guaranteeing smooth data transport and communication. Smart home appliances frequently use Wi-Fi to connect to a network at home and the internet.

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Bluetooth is often utilized in audio and wearable technology. Consumer gadgets using IoT connection protocols can perform functions, including remote monitoring & control, real-time data analysis & feedback, and improved device compatibility.

Standardization and interoperability through IoT communication protocols are vital as IoT devices are being adopted more widely in consumer electronics. These are improving user experience and enabling smooth data sharing and communication between devices.

Demand for IoT communication protocols that can support edge devices is expected to increase. Edge computing, which involves processing IoT data at the edge of networks, is set to become highly popular by 2032.

Edge computing decreases the quantity of data that needs to be transferred to the cloud and allows for real-time data processing. It can lower the need for bandwidth while enhancing device performance.

The usage of IoT has increased significantly recently all across the world. Around 8.6 billion IoT devices were present worldwide in 2019. As IoT device adoption accelerated globally, the total number of IoT devices was estimated to be 12.14 Billion in 2022.

By 2030, it is predicted that there will be about 23.14 Billion IoT devices on the planet. The need for IoT communication protocols is anticipated to rise over the course of the assessment period as there are more IoT devices in use worldwide.

Key Takeaways:

The global IoT communication protocol industry exhibited a CAGR of 3% in the historical period from 2017 to 2021.
The United States IoT communication protocol industry is expected to be worth US$ 7.5 Billion by 2032.
The United Kingdom IoT communication protocol industry is anticipated to reach a valuation of US$ 1.2 Billion in 2032.
By type, the Wi-Fi segment is expected to bolster at a CAGR of 4% from 2022 to 2032.
Based on application, the consumer electronics segment exhibited a CAGR of 0% from 2017 to 2021.

Competitive Landscape:

Leading developers of IoT communication protocols are concentrating on creating real-time protocols to support IoT applications. Applications, including industrial automation, smart grid management, and autonomous cars would call for quick and dependable data interchange.

Several additional businesses are creating protocols that can be connected with cloud services. They want to make it possible for IoT systems and devices to be managed, monitored, and have their data analyzed remotely. Scalable protocols that can handle a lot of devices and data traffic are still being developed.

Key Players:

NXP Semiconductors
STMicroelectronics
Texas Instruments
Mediatek
Synopsys
Microchip

For instance,

In April 2020, Infineon Technologies revealed its acquisition of Cypress Semiconductor. It encompasses Cypress’s range of IoT communication technologies, specifically Wi-Fi and Bluetooth. Through this acquisition, Infineon Technologies is aiming to enhance its IoT solutions for clients and broaden its range of offerings.

Get More Exclusive Insights:

Future Market Insights (FMI), in its new offering, presents an unbiased analysis of the IoT communication protocol market, presenting historical market data (2017 to 2021) and forecast statistics for the period of 2022 to 2032.

The study reveals extensive growth in the IoT communication protocol market in terms of type (Wi-Fi, Bluetooth, Zigbee, NB-IoT), application (consumer electronics, automotive & transportation, building automation, healthcare), and region.

Market Outlook by Category:

By Type:

Wi-Fi
Bluetooth
Zigbee
NB-IoT
Others

By Application:

Consumer Electronics
Automotive & Transportation
Building Automation
Healthcare
Others

By Region:

North America

Latin America

Europe

Asia Pacific

Middle East and Africa

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Urinary Tract Infection (UTI) Treatment Market Set for Steady Growth, Projected to Reach USD 13,617.4 Million by 2034 at a 1.9% of CAGR

The global urinary tract infection (UTI) treatment market is poised for consistent growth, with an estimated valuation of USD 11,244.0 million in 2024. Driven by a compound annual growth rate (CAGR) of 1.9% from 2024 to 2034, the market is expected to reach USD 13,617.4 million by the end of the forecast period.

The rising incidence of UTIs worldwide is a major factor fueling demand for effective treatment options. With infections affecting millions annually, particularly among women and older adults, the need for advanced treatment solutions is paramount. Increasing awareness about UTI symptoms, along with advancements in diagnostic technologies, has also contributed to early detection and treatment, further supporting market growth.

The rising prevalence of UTIs and an increase in hospitalizations for UTI testing and treatment are the main factors propelling the market for UTI therapy, which is expected to rise significantly.

The market is expected to develop due in large part to the increased demand for antibiotics in the treatment of urinary tract infections and the growing number of generic pharmaceutical producers. This trend contributes to the overall growth of the urinary tract infection treatment market by reflecting the increasing accessibility of treatment choices and the growing therapeutic importance of treating UTIs.

Urinary Tract Infection (UTI) Treatment Market Growth Drivers

A rise in the prevalence of urinary tract infections can drive the demand for effective treatments.
Elderly individuals are more prone to UTIs, and as the global population ages, there is an increased demand for UTI treatments.
Technological innovations in diagnostic tools and treatment methods can enhance the efficiency and effectiveness of UTI treatment, driving market growth.
The emergence of antibiotic-resistant strains of bacteria can lead to the development of new and more effective drugs, stimulating market growth.
Growing awareness among patients and healthcare professionals about the importance of early detection and prompt treatment of UTIs can contribute to market growth.

Competitive Landscape

Companies within the urinary tract infection treatment market are strategically engaging in partnerships, collaborations, and occasional divestitures of business divisions. These actions are undertaken to sustain and strengthen their competitive positions within the market.

Key Players operating in the urinary tract infection (UTI) treatment market are

Allergan
Bayer AG
Pfizer, Inc.
GlaxoSmithKline plc
Bristol-Myers Squibb Company
Janssen Global Services, LLC
Lupin Ltd
Merck & Co., Inc.
Almirall, S.A
Dr. Reddy’s Laboratories Ltd.

Product Portfolio

Bayer is a multinational pharmaceutical and life sciences company. They have products related to urology and infectious diseases, including treatments for UTIs.
Pfizer Inc. is a global pharmaceutical company with a wide range of healthcare products. They have antibiotics or other medications used in UTI treatment.
GlaxoSmithKline plc is a British multinational pharmaceutical company. They may have antibiotics or other medications in their portfolio relevant to UTI treatment.

Urinary Tract Infection (UTI) Treatment Market – Key Segments

By Drug Class:

Penicillin & Combinations
Quinolones
Cephalosporin
Aminoglycoside Antibiotics
Sulphonamides (Sulfamethoxazole, Trimethoprim)
Azoles and Amphotericin B
Tetracycline (Doxycycline)
Nitrofurans (Nitrofurantoin)
Others

By Indication:

Complicated
Uncomplicated

By Distribution Channel:

Hospital Pharmacies
Gynecology and Urology Clinics
Drug Stores
Retail Pharmacies
Online Drug Stores

By Region:

North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia
Middle East and Africa

Author By:

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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Foundation Repair Services Market to Reach USD 3.5 Billion by 2033, Growing at 2.5% CAGR

According to a recent study by Future Market Insights (FMI), the global foundation repair services market, is projected to be valued at USD 2.7 billion in 2023 and is expected to reach USD 3.5 billion by 2033, with a steady growth rate of 2.5% CAGR over the forecast period. Demand for foundation repair services continues to increase as the market experiences gradual expansion driven by ongoing construction and infrastructure maintenance needs.

The study finds that the Asia Pacific excluding Japan (APEJ) accounted for more than 35% revenue share in foundation repair services market in 2018. The rapidly-growing population as well as ever-evolving construction industry in the region have been contributing to growth of the foundation repair services market in the APEJ region.
Rapidly developing in residential sector and civil infrastructural developments with increasing urbanization in the region is expected to create lucrative opportunities for stakeholders in the foundation repair services market in the region. Japan, North America and Europe are also estimated to capture a substantial share of the global foundation repair services market throughout the forecast period, of which the Japan foundation repair services market is expected to witness an increase in its share from 2018 to 2027.
Market Players Focus on Capitalizing on the Rapidly-developing Residential Sector
Foundation repair services are commonly used in both residential and commercial sectors. The FMI study finds that the market value of foundation repair services used in the residential sector remains much higher than those used for foundation repairs in commercial buildings.
Ongoing construction activities in the residential sector, coupled with increasing inclination of consumers towards renovating and home improvement is expected to create lucrative sales opportunities for market players. The FMI study predicts that the residential sector will continue to influence emerging trends and business strategies of stakeholders in the foundation repair services market in the foreseeable future.

Foundation Repair Services for Wall Repair Applications to Remain High in Demand
While foundation repair services find wide-ranging applications, including settlement repair, chimney repair, and floor slab repair, wall repair applications have the largest share in market growth, finds FMI study. Settlement repair services are known to be the most expensive services, which are priced at US$ 10,000 (pile foundation repair) and above. However, foundation repair services employed in wall repair applications are affordable and are likely to witness highest demand in the upcoming years.

Foundation Repair Services Market will Remain Highly Fragmented

The FMI study finds that, among all the players of the foundation repair services market, only a limited number of manufacturers and other stakeholders have a global presence in the foundation repair services market. Complexities associated with introducing foundation repair services at the global level with growing foothold of local players in every region continue to remain a prominent barrier for market players.

Key Players in the Market

BASIC FOUNDATION REPAIR
Foundation Repair Services, Inc.
Connecticut Basement Systems
Eric’s Concrete & Masonry Services Ltd.
Dwyer Companies
Supportworks, Inc.
SOS Foundation Repair
GROUNDWORK
MASTER SERVICE COMPANIES
RAM JACK SYSTEMS DISTRIBUTION
ADVANCED FOUNDATION REPAIR
BDRY
Siemens Healthineers
Maryland Building Industry Association
ARIZONA FOUNDATION SOLUTIONS

Market Segmentation

By Service Type:

Settlement Repair
Wall Repair
Chimney Repair
Floor Slab Repair
Others

By End-User:

Residential
Commercial

By Region:

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

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Global Empty Capsule Market Poised for Strong Growth, Expected to Reach USD 6,378.6 Million by 2034 at a 8.0% of CAGR

The global empty capsule market is on a growth trajectory, projected to reach a valuation of USD 2,956.6 million in 2024. Market insights reveal an expected compound annual growth rate (CAGR) of 8.0% from 2024 to 2034, with sales forecasted to reach USD 6,378.6 million by 2034.

This growth is driven by the rising incidence of chronic diseases, which necessitates more accessible and efficient drug delivery systems. Empty capsules offer a convenient solution, allowing for easy consumption of medications with minimal side effects compared to other dosage forms. As a result, they have become a popular choice among consumers and healthcare providers alike.

Additionally, the increasing trend of health-conscious lifestyles has led to a surge in demand for dietary supplements. Empty capsules serve as an ideal vehicle for these supplements, enhancing the market’s appeal to a broad consumer base.

The global empty capsule industry is poised to benefit from advancements in capsule manufacturing technology and the expansion of nutraceutical and pharmaceutical applications. Industry stakeholders are expected to capitalize on this momentum by expanding production capacities and exploring innovative formulations to meet the growing consumer demand.

Emerging Patterns in the Empty Capsule Sales

Vegan capsules are becoming increasingly popular, showing a growing demand among health-conscious customers for environmentally friendly and plant-based alternatives.
The pharmaceutical sector’s robust growth is driving the expansion of the empty capsule market, with an increased emphasis on drug delivery innovations.
The empty capsule industry is experiencing a boom in demand, driven by the growing popularity of nutraceuticals and nutritional supplements.
Customization and the rise of personalized medicine help shape the dynamic environment of the empty capsule industry, which meets a wide range of consumer wants and preferences.

Competitive Analysis

In the competitive landscape of the empty capsule market, numerous important competitors have established themselves as significant contributors to the industry’s growth and evolution. The empty capsule producers have shown dedication to innovation, dependability, and a wide range of competencies, altering market dynamics.

Empty capsule manufacturers such as ABC Capsules, Capsugel, and ACG Worldwide are at the forefront of innovation and have established themselves as dependable empty capsule suppliers. Prominent vendors such as Qualicaps and Suheung Co. Ltd. share their capabilities and demonstrate various offerings. CapsCanada Corporation, Shanxi Guangsheng Medicinal Capsule Co. Ltd., and Bright Pharma Caps Inc. are notable participants, each making a unique contribution to the empty pill market.

HealthCaps India Limited and Sunil Healthcare Limited enhance the competitive landscape by providing innovative solutions and insights. As these key competitors negotiate the shifting empty capsule demand, the path is set for ongoing advancements and competition, undoubtedly encouraging innovation and success in the sector.

A Full Report Overview

Prominent Empty Capsule Manufacturers

ACG Worldwide
Capsugel
Qualicaps Inc.
Bright Pharma Caps Inc.
Sunil Healthcare Ltd.
CapsCanada Corporation
Roxlor LLC
Snail Pharma Industry Co. Ltd.
Suheung Co. Ltd.
Medi-Caps Ltd.

Key Segments

By Product Type:

Gelatin Based Capsules
Vegetarian Based Capsules

By Raw Material:

Type-A
Type-B Gelatin
Fish Bone Gelatin
Hydroxy Propyl Methyl Cellulose (HPMC)
Starch Materials
Pullulan

By Capsule Size:

Size “000” Empty Capsules
Size “00” Empty Capsules
Size “0” Empty Capsules
Size “1” Empty Capsules
Size “2” Empty Capsules
Size “3” Empty Capsules
Size “4” Empty Capsules
Size “5” Empty Capsules

By Route of Administration:

Oral Administration
Inhalation Administration

By End User:

Pharmaceutical Companies
Cosmetic and Nutraceutical Companies
Clinical Research Organizations

By Region:

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

Author By:

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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DSL Tester Market Poised for 5% CAGR Growth Through 2027, Led by North America

In 2017, the global DSL tester market was valued at USD 959.3 million. The market is projected to grow at a compound annual growth rate (CAGR) of over 5% between 2019 and 2027. North America is expected to remain the largest market for DSL testers, maintaining its leading position throughout the forecast period.

As broadband requirements for video, gaming, and streaming services expand, the demand for high-performance testing equipment is rising, further boosting the DSL tester market. The market is expected to grow rapidly in the coming years due to a substantial increase in global internet subscriptions and user base.

Product Differentiation Trending in Competitive Landscape of DSL Tester Market

In line with the increasing use of broadcast video services or multicast, video streaming, and other applications, vendors of DSL testers are vying to offer distinguishable products with operational efficiency and performance stability. This is resulting in a massive influx of new and advanced products in the DSL tester market, paving favourable growth avenues for DSL tester market.

To meet consumer demand, the key manufacturers of DSL testers are concentrating on improving their products and announcing several upgrades to gain an edge over their competitors. Moreover, the vendors of DSL testers are focusing on providing cost-effective and high-performance instruments. Furthermore, vendors are launching DSL testers with multiple functions, better capability, and handheld instruments for refining the standard of testing flaws in wiring or cabling.

For example, in 2018, VIAVI Solutions Inc., one of the prominent US-based vendors of DSL testers, launched a modular field DSL tester with multiple touch instrument, which is inspired from smart phones. This device contains vectored pairs, copper, POTS, and coax/HPNA.

Manufacturers Focus on Technological Advancements to Boost Product Positioning

The DSL tester market is gaining traction over the past few years owing to the availability of technically advanced DSL testers. Technological improvements, such as DC voltage measurements, network scanning, and other improved features of DSL testers, are expected to boost sales of DSL testers at a significant rate. As per the report, North America holds a significant share in the field of DSL testers owing to strong presence of telecommunication and internet service providers spread across the region. Moreover, the presence of the prominent players of DSL testers in the North America region is further catalysing the growth of the regional market.

Key Segment

Based on Modularity Type

Handheld
Portable DSL Tester

Based on End Use

Internet Service Providers
Telecommunication
Electric power
Other Industries

Based on Region

North America
Latin America
Europe
Japan
APEJ
Middle East & Africa (MEA)

Report Preview: https://www.futuremarketinsights.com/reports/dsl-tester-market

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