Market Research Blog – Page 844 – New Product Development

Digital Health Tracking Apps Market to Reach US$ 77.5 Billion by 2033, Growing at a 15.6% CAGR

The Digital Health Tracking Apps Market, a major component of the expanding digital health sector, is expected to be valued $13,943.7 million by 2022. This market is predicted to rise to $15,904.1 million by 2023, indicating a rising global need for health-tracking devices.

The global Digital Health Tracking Apps Market is predicted to be worth a staggering $77,489.3 million by the end of 2033. This excellent development is expected to continue at a steady pace, with a compound annual growth rate (CAGR) of 15.6% throughout the projected period.

Popularity of digital health tracking apps has grown as a result of its accessibility and ease. These enable people to monitor their heart rates, control their regular exercise routines, and identify their sleeping patterns while relaxing on their own gadgets.

Health applications could elevate the medical ecosystem’s commercial position and enhance user health outcomes. In the next ten years, it is predicted that penetration into new geographies will also help fuel a rise in terms of demand for digital health tracking apps.

Growth is further related to increasing in-app purchase demand and global virtual lives’ dependence on the uptake of mobile apps. Emphasis on maintaining a healthy lifestyle would also drive the need for fitness software.

The market is expanding due to increased smartphone usage globally and accelerating technical advancement. Increased data usage, widespread internet use, and easy availability of promotional offers such as subscription discounts are all contributing to the sector’s growth. Due to developments in information technology, operational models of the fitness industry are expected to experience a considerable shift throughout the evaluation period.

Fitness apps provide customers individualized diet, exercise, strolling, and sleep pattern regimens that don’t require any apparatus or equipment and are based on their daily schedules. They also make use of current innovations such as neural networks, data mining, and other cutting-edge new technologies. These programs continuously track human activity, making them a suitable way to keep tabs on health concerns with little to no human input.

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Key Takeaways from Digital Health Tracking Apps Market Study

Based on platform, the android-based health apps segment held a digital health tracking apps industry share of about 55.8% in 2022.
The United States digital health tracking apps market is likely to account for a share of 67.8% in 2023.
India digital health tracking apps industry is projected to exhibit a CAGR of 21.1% over the estimated period.
By app category, the fitness management segment is anticipated to lead by holding the lion’s share of 19.1% in 2023.
In terms of revenue model, the in-app purchases category is set to expand at a CAGR of 17.6% in the forecast period.

“Owing to bad eating habits, junk food consumption, and unfavorable work-life stress, millennial and generation Z populations are worried about becoming overweight or obese. The main goals of freshly announced fitness apps are to measure weight loss achievements and provide solutions for mental health issues.” – Says a lead analyst.

Competitive Landscape: Digital Health Tracking Apps Market

Digital health tracking app developers are adopting various strategies to improve user engagement, enhance functionality, and differentiate their products from competitors. They are leveraging machine learning and AI algorithms to provide personalized health insights & recommendations.

A few other companies are integrating their technologies with wearable devices & sensors to enable seamless data collection and analysis. They are also partnering up with healthcare providers and payers to offer value-added services such as telemedicine and remote monitoring.

For instance,

· In February 2023, the United Kingdom government officially started trials of a free fitness monitor. It is connected to an app and provides rewards to users with discount coupons and movie tickets for eating healthily and exercising more. With a 3-million-pound government investment, the Better Health: Rewards app is currently being tested in the West Midlands of England.

Digital Health Tracking Apps Market Outlook by Category

By Platform:

Android-based Health Apps
iOS-based Health Apps

By App Category:

Fitness Management
Nutrition & Diet
Menstrual Tracking
Fertility Tracking
Sexual Self Care
Mental Health
Remote Patient Monitoring
Chronic Disease Monitoring
Medication Reminder
Others

By Revenue Model:

Subscription Model
In-app Purchase (Freemium)
One Time Purchase

By End User:

Men
Women

By Region:

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

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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. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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Global Machine-to-machine Connections Market Set to Cross a Revenue of US$ 47.5 Billion by 2032 Amid Rising Usage of Iot Devices | Future Market Insights, Inc.

Adoption of M2M connections will remain high in the automotive & transportation sectors. The target segment is forecast to expand at 5.8% from 2022 to 2032. The rising adoption of machine-to-machine connections in IoT across the world will drive the global M2M connections market during the projection period.

Machine-to-machine (M2M) connection is the direct communication between two or more machines or devices that do not require human intervention. M2M connections enable the exchange of data and information in real-time.

Rising applications of M2M connections in various industries, including automotive, healthcare, manufacturing, and energy will boost the global market. By automating processes, increasing visibility & control over operations, and providing real-time data and analytics, M2M connections can enhance efficiency, lower costs, and enable new business models.

M2M connections are becoming more common as Internet of Things (IoT) technology becomes more widely adopted. They are expected to play a critical role in the development of smart factories, smart cities, and other IoT applications.

The primary benefit of incorporating M2M connections in IoT is that they can aid in reducing human involvement in decision-making and improving efficiency.

Key Takeaways from the Machine-to-Machine Connections Market Report:

Global demand for machine-to-machine connection is set to increase at 6.3% CAGR through 2032.
By technology, the wireless technologies segment will exhibit a CAGR of 6.0%.
By end user, the automotive and transportation segment is set to expand at 5.8% from 2022 to 2032.
The United States machine-to-machine connections market will total a valuation of US$ 6.8 Billion by 2032.
Machine-to-machine connection demand in South Korea is forecast to rise at 6.7% CAGR through 2032.
China M2M connections market is likely to reach a valuation of US$ 12.6 Billion by 2032.

“Increasing penetration of IoT and AI will continue to act as a catalyst fueling machine-to-machine connections demand during the projection period. With the growth in consumer electronics and automotive sectors, manufacturers will find sizeable opportunity in focusing on creating products that are compact, lightweight, and highly compatible.” – Says a leading analyst at Future Market Insights, Inc. (FMI).

Competitive Landscape:

Key players operating in the machine-to-machine connections market include Texas Instruments Incorporated, Cisco Systems Inc., Vodafone Group PLC, AT&T Inc., U-Blox Holding AG, Huawei Technologies Co., Ltd., Commsolid GmbH., NXP Semiconductors N.V., Murata Manufacturing Co., Ltd., Intel Corporation, Thales, and Fanstel Corporation.

To increase their revenues and solidify their positions, these players are using various strategies. This includes new product launches, partnerships, mergers, acquisitions, etc.

Recent Developments:

Ericsson is a global telecommunications company that is conducting critical R&D in the development and deployment of 5G technology. They have also set aside a sizeable budget for edge computing and AI/ML technologies to enhance their M2M offerings.
Huawei is another telecommunications company that has a worldwide presence. It is leading the market in AI research and improving its ML capabilities to compete in the M2M market.

More Insights Available:

Future Market Insights, in its new offering, presents an unbiased analysis of the machine-to-machine connections market presenting historical data (2017 to 2021) and forecast statistics for the period from 2022 to 2032.

The study reveals market projections in terms of technology (wired and wireless) and end-user (healthcare, utilities, automotive & transportation, retail, consumer electronics, and security & surveillance) across various regions.

Global Machine-to-Machine Connections Market Segmentation:

By Technology:

Wired Technologies
Wireless Technologies

By End User:

Healthcare
Utilities
Automotive & Transportation
Retail
Consumer Electronics
Security & Surveillance

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

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Global Automated CPR Device Market to Reach USD 255.7 Million by 2034 with a 5.4% of CAGR

The global automated CPR device market, currently valued at USD 150.6 million in 2024, is anticipated to reach USD 255.7 million by 2034, growing at a steady compound annual growth rate (CAGR) of 5.4% over the forecast period. This growth is driven by the increasing prevalence of cardiovascular disease (CVD) and the need for effective emergency response solutions.

The global burden of cardiovascular disease has escalated over recent decades, with CVD-related deaths rising from 28.9% in 1990 to 36.3% in 2020. By 2020, nearly 19.8 million deaths were attributed to cardiovascular conditions, underscoring an urgent need for efficient resuscitation techniques, such as CPR, in emergency settings.

As lifestyles and dietary habits shift, cases of CVD and heart attacks are on the rise, contributing to greater demand for CPR – a critical, life-saving procedure for sudden cardiac arrest. Automated CPR devices provide significant advantages over manual CPR, offering consistent compressions and minimizing fatigue for emergency medical services (EMS) personnel and hospital staff. These devices ensure optimal chest compression, enhancing patient survival rates and making automated CPR a preferred choice in critical care.

The need for automated CPR equipment has increased dramatically as a result of technological developments and growing public awareness of the importance of precise and efficient CPR. Modern devices have intelligent algorithms that adapt to the specific characteristics of the patient’s chest, optimizing compression depth and pace to improve circulation. Furthermore, these devices often come with integrated feedback mechanisms that ensure appropriate CPR administration and support medical practitioners instantly.

The global healthcare systems are under increasing pressure due to the rising prevalence of heart attacks and sudden cardiac arrests. Automated CPR machines have become essential pieces of equipment in emergency rooms, hospitals, and ambulances because they can begin the resuscitation process quickly, providing the patient critical time.

Key Takeaways:

In the historical period, the market captured a valuation of US$ 99.02 million in 2022.

The United States is estimated to dominate the global market by capturing a huge global market share by 2033.

Based on end-user, ambulances are leading the global market by securing a maximum share during the forecast period.

Changing lifestyles and dietary habits have led to a surge in CVD and heart attack cases. This is creating a need for CPR, a common emergency lifesaving procedure performed in case of sudden cardiac arrest. Automated CPR devices offer multiple advantages over manual CPR, making these an attractive choice for EMS and hospitals.

Mechanical CPR devices are able to provide CPR for long durations, which increases the success rate. These devices can be operated by any healthcare professional with proper training and are less physically demanding compared to manual CPR. This confluence of factors is fuelling demand for automated CPR devices.

Increasing awareness about the benefits of automation and high government spending are other key industry growth factors for automated CPR devices. Improvements in mechanical CPR solutions and escalating demand for more effective resuscitation methods are few automated CPR device sector’s latest trends.

Mechanical CPR devices are being widely employed in non-hospital settings such as airplanes, public spaces, and homes, especially in developed nations. This trend will likely play a key role in boosting industry growth through 2034.

Leading mechanical CPR device manufacturing companies are betting on innovation to succeed. For instance, new portable and lightweight devices with user-friendly features are being constantly introduced.

Incorporation of advanced technologies like AI and machine learning in mechanical CPR devices is gaining momentum. Various automated CPR equipment are equipped with wireless connectivity features, allowing users to control and monitor devices remotely.

Competition Outlook

The mechanical CPR device market encompasses a diverse and dynamic competitive landscape. Leading automated CPR device manufacturing companies are focusing on new product launches and approvals to stay ahead of the competition.

Several companies are focusing on strengthening presence across regions with high chronic disease prevalence and aging populations. This is because these factors often increase chances of cardiac arrest.

Key players are also striving to increase the adoption of mechanical CPR devices by investing in awareness campaigns. Showcasing latest CPR device innovations at tradeshows and other exhibitions is also becoming a key strategy of companies.

Partnership and support from government agencies are also helping companies to boost sales. Many government agencies are offering grants for purchase of mechanical CPR devices.

There has also been an increased demand for CPR solutions from fire safety department, which has improved the uptake of mechanical CPR devices. Players are also deploying strategies such as mergers, distribution agreements, collaborations, and acquisitions to increase market reach.

Industry Updates

In April 2023, the European Resuscitation Council (ERC) partnered with Sunlife Science, a leading China-based provider of CPR solutions, with the aim to improve the survival rate and outcomes of cardiac arrest patients.
In April 2023, Nordic Capital acquired a high stake in Germany-based Corpuls, an innovative medical technology company specializing in emergency cardiac resuscitation and other medical solutions, to boost the company’s growth.

Leading Automated CPR Device Brands

Stryker Corporation
ZOLL Medical Corporation
Corpuls
Schiller AG
Shenzhen Bangvo Technology Co., Ltd.
Defibtech LLC
SunLife Science
Michigan Instruments
Ambulanc (Shenzhen) Tech. Co. Ltd. (Amoul)
Others

Key Segments of Market Report

By Product:

Based on product, the industry has been categorized into piston-based devices and load-distributing band-based devices.

By Modality:

In terms of modality, the market is categorized into battery-driven and electrically-driven.

By End-user:

Different end-users include hospitals (emergency departments, ICUs, and others), ambulatory medical centers, specialty clinics, emergency medical services (ambulances and air ambulances), independent catheterization labs, and long-term care centers.

By Region:

Industry analysis has been carried out in key countries of North America, Latin America, East Asia, South Asia and Pacific, Western Europe, Eastern Europe, and Middle East and Africa.

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)

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Christiana Corporate, 200 Continental Drive,
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T: +1-347-918-3531

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Global Continuous Glucose Monitoring Systems Market to Surge to USD 103.5 Billion at a 25.1% of CAGR by 2033, Driven by Rising Diabetes Prevalence and Demand for Real-Time Monitoring Solutions

The global continuous glucose monitoring (CGM) systems market, valued at US$ 11.1 billion in 2023, is projected to expand significantly, reaching an impressive US$ 103.5 billion by 2033. This growth reflects a robust compound annual growth rate (CAGR) of 25.1% over the forecast period, propelled by an increasing incidence of diabetes and a rising need for real-time blood glucose monitoring.

With diabetes cases escalating globally, the demand for continuous glucose monitoring systems has surged. These advanced systems provide 24/7, real-time tracking of blood glucose levels, offering more accurate and comprehensive monitoring than traditional fingerstick methods. This accuracy and constant monitoring capability make CGM systems invaluable for both patients and healthcare providers, as they provide critical data to manage diabetes effectively.

Adoption of CGM systems is on the rise, thanks to the swift response and precision of their advanced sensors. Patients and healthcare experts are increasingly turning to CGM technology to obtain reliable, user-friendly solutions that enhance diabetes management. Additionally, ongoing technological advancements are pushing the boundaries of CGM systems, with manufacturers focused on enhancing system reliability, ease of use, and patient comfort, further fueling market growth.

Continuous glucose monitoring systems are improving patient outcomes by reducing the risk of complications and providing better diabetes management. These systems are more convenient and comfortable to manage diabetes integrated with insulin delivery systems. Continuous glucose monitoring systems are adjusted automatically with their seamless control of blood sugar levels.

The growing reimbursement policies to develop high-quality and advanced technologies and continuous glucose monitoring systems are advancing the global market size. Increasing patient awareness and an aging population are surging the demand for CGM systems for better outcomes. The adoption of telemedicine solutions and the integration of artificial intelligence in these systems are flourishing in the global market.

Key Highlights

According to a report by the International Diabetes Federation, around 32.2 million people have diabetes in the United States.
The growing advanced technologies are developing more effective and cost-effective continuous glucose monitoring patches to read glucose levels.
Continuous glucose monitoring device helps to manage diabetes Type 1 and Type 2 patients send details to your transmitter, such as a smartphone.

Competitive Landscape in the Continuous Glucose Monitoring Systems Market

The present key players fragment the global market. These players are making their efforts to offer high-quality healthcare devices to relief patients. They are investing huge amounts in research and development activities to develop innovative products to satisfy patients’ requirements. Key players are contributing their role in upsurging the global market to another height.

These players are adopting marketing strategies such as mergers, agreements, acquisitions, and partnerships to collect huge revenue in the market. Healthcare manufacturers are focused on sustainability to reduce environmental impacts. These players are likely to lift the global market upward through their innovations and product launches in the coming years.

Key Players in the Continuous Glucose Monitoring Systems Market

Herbalife Nutrition
GNC Holdings
NOW Health
Nutramax Laboratories
Nature’s Bounty
Banyan Botanicals
Source Naturals
Nutramarks Inc
Nature’s Way Products
Abbott
Natural Immunogenics
Solaray Inc.
Sambucol USA
Quantum Health, Inc.
Vitabiotics Ltd.
Rainbow Light
AdvoCare
Pure Encapsulations, LLC.
Country Life, LLC
Natural Health Concept

Recent Developments in the Continuous Glucose Monitoring Systems Market

In 2020, Abbott announced its newly launched product FREESTYLE LIBRE. It is a real-time monitoring device that helps to monitor and update blood glucose levels.
In 2021, Smart Meter announced its new glucose monitor device to monitor gestational diabetes.
In 2022, Nemaura Medical Inc. announced its new agreement with EVERSANA. This agreement took place to increase the company’s portfolio in the United States.
In 2022, the United States FDA approved Abbott’s patient monitoring devices. The approval of Free Style Libre 3 device enhance the company’s strong image.
In 2022, Senseonics Holdings Inc. announced its collaboration with Nurse Practitioner Group. This collaboration took to provide at-home services in the United States.

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Key Segments in the Continuous Glucose Monitoring Systems Market

By Components:

Transmitters and Monitors
Sensors
Insulin Pump

By End-use Sector:

Home Care Diagnostics
Hospitals
ICU/Critical Care

By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
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.

About Future Market Insights (FMI)

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Key Players and Technological Advancements in Industrial Displays: Future Market Insights

The global industrial display market size is forecast to increase from US$ 6.1 billion in 2022 to US$ 9.9 billion by 2032. Overall sales of industrial displays will increase at a CAGR of 4.9% from 2022 to 2032.

Demand is likely to remain high for industrial LCDs in the market. This is due to their various benefits including less power consumption. The LCD technology segment will register a CAGR of 4.7% through 2032. The rising adoption of industrial displays in the manufacturing sector globally will drive the market. Similarly, new product launches will have a positive impact on market development.

An electronic display called an industrial display is one made specifically for use in industrial settings. Extreme temperatures, humidity, dust, and vibrations are a few of the challenging conditions that these displays are able to withstand. Industrial displays are frequently used in manufacturing facilities, distribution centers, and other industrial settings to show visual feedback on the status of equipment, systems, and processes.

Industrial displays can be used for monitoring and managing processes, showing production data, and giving technicians and operators up-to-date information. Widening applications of industrial displays across industries such as automotive, BFSI, healthcare, and defense will boost sales.

High adoption of automation is another key factor that will propel industrial display demand. Industrial displays are essential for enabling automation because they offer real-time data & control. Further, the burgeoning demand for human-machine interface devices will support the expansion of the global industrial display market.

Key Takeaways from the Industrial Display Market Report:

Global industrial display sales will increase at 4.9% CAGR during the forecast period.
By type, the panel-mount monitor segment will expand at 4.8% CAGR through 2032.
Based on technology, the LCD segment is set to thrive at 4.7% CAGR between 2022 and 2032.
The United States industrial display market will cross the US$ 2.9 billion mark by 2032.
Industrial display demand in Japan is poised to surge at 4.4% CAGR through 2032.

The United Kingdom industrial display market size will reach US$ 496.3 million by 2032.
Demand for industrial displays across China is set to thrive at 5.9% CAGR through 2032.

“Rising adoption of automation and IoT will create a conducive environment for market development. Similarly, new product launches with enhanced features will boost sales through 2032.” Says a Future Market Insights analyst.

Who is Winning?

Samsung Electronics Co., Ltd.,
Japan Display Inc.,
AU Optronics Corp.,
LG Display Co., Ltd.,
Sharp Corp.,
Innolux Corp.,
BOE Technology Group Co.,
Universal Display Corp.,
Hannstar Display Corp.,
NEC, TCL Display Technology Holdings Limited,
Advanced Co.Ltd, E Ink Holdings Inc.,
Hope Industrial System Inc., and
Advantech

These companies are concentrating on introducing novel solutions into the market to expand their customer base. They are also adopting strategies such as price reduction, facility expansions, mergers, collaborations, and strengthening distribution networks.

Global Industrial Display Market Segmentation:

By Type:

Rugged Displays
Open Frame Monitors
Panel-Mount Monitors
Marine Displays
Video Walls

By Technology:

LCD
LED
OLED
E-Paper Display

By End User:

Automotive and Aerospace
Healthcare
Transportation
Retail
BFSI
Government and Defence
Industrial

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

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China First Aid Market Poised for Growth with Projected CAGR of 6.3% Through Forecast Period

The China first aid market, valued at USD 266.5 million in 2014, is set for steady growth, with a projected compound annual growth rate (CAGR) of 6.3% during the forecast period. Basic first aid products, which accounted for less than 20% of the overall wound care market in China in 2014, are anticipated to see increased demand as healthcare awareness and accessibility continue to improve across the country.

Basic first aid provides essential, immediate assistance for minor injuries, including the use of adhesive bandages, gauzes, and disinfectants. Adhesive bandages offer protection for small cuts and wounds, shielding them from potential contamination by microorganisms and debris, which promotes quicker healing. Gauzes, typically made from loosely woven, medicated fabrics, are effective in covering and safeguarding wounds. Disinfectants, often available as sprays or wipes, are vital for wound care as they prevent infection from harmful microorganisms and are also used for sanitizing surfaces and inanimate objects.

With a growing focus on public health and safety, the China first aid market is expected to benefit from increased awareness of the importance of basic wound care, positioning it as a key segment within the broader wound care industry in the coming years.

Drivers & Trends

Increasing healthcare reforms coupled with growing geriatric population in China are key driving factors for non-traditional wound care products in the country. Elderly population constituted 14% of overall population in China in 2014 and the number is expected to rise significantly in the near future.

First aid product manufacturers are making significant invests in innovative product packaging to make their products look more appealing to consumers. This is expected to boost overall sales revenue of first aid products in China. Expansion of organized retail and increasing healthcare coverage are the other key drivers of the China first aid market.

Furthermore, the report offers detailed analysis of the adhesive bandages segment in China by prices (low-end adhesives bandages & high-end adhesive bandages), by material (plastic, cloth, paper and foam) and by purpose of use (special bandage, transdermal bandage and butterfly stiches).

Thereafter, the report provides an insight of the China disinfectant products segment. This section analyses market share held by key players and market share of various types of disinfectants (antiseptic liquid, spays & wipes). This section also covers key online & offline promotional strategies used by market participants to attract customers.

Succeeding section of the FMI report provides in-depth information about the China gauzes segment, by price (low & high end gauzes) and by gauze type (woven & non-woven). Cross segmental analysis (low- and high-end gauzes in woven and non-woven segments) is also covered in this section.

The section that follows offers price point analysis of each product segment (adhesive bandage, disinfectant and gauzes) in 2014 & forecast till 2020.

All the above mentioned product segments are further covered on basis of revenue generated by each product segment in Tier 1 ,2 and 3 cities in China.

This is proceeded by a section that highlights revenue generated by each product segment by sales channel, namely online and offline. The report also considers sub-segments in offline channels (hypermarket and supermarket, convenience stores, drugstores and pharmacies).

This section also covers cross segmental analysis of each retail channel by Tier 1, 2 and 3 cities.

Key feature of this report is analysis of all key China first aid market segments, sub-segments, regional adoption and verticals revenue forecast in terms of absolute dollar. This is usually overlooked while forecasting the market. However, absolute $ opportunity is critical in assessing the level of opportunity that a market player can look to achieve and also helps identify potential resources from a sales and delivery perspective in the China’s first aid market.

The final section of the report provides the competitive landscape of the China first aid market which gives audiences a dashboard view based on presence of key players in the market, their product portfolios and key differentiators.

The report covers information regarding key players in the various product segments, namely, disinfectant, adhesive bandage and gauze. This section is primarily designed to provide clients with an objective & detailed comparative assessment of key providers specific to various market segments in the China’s first aid market.

Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on in-depth assessment of capabilities and success in the China first aid marketplace. Detailed profiles of the major players in the market are also included within the scope of the report to evaluate their long- and short-term strategies, key offerings and recent developments in the China first aid market. Key competitors covered in the report are Johnson & Johnson, Covidien, Winner Medical, Reckitt Benckiser and Yunnan Baiyao.

A Full Report Overview

Key Segment

By Product Type:

Bandages
Gauzes
Disinfectants

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.

About Future Market Insights (FMI)

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Infrared Emitter & Receiver Market is Expected to Grow by US$ 480.0 million during 2023 to 2033, Accelerating at a CAGR of 7.6% during the forecast period | Future Market Insights, Inc.

The worldwide infrared emitter and receiver market is expected to reach $231 million by 2022. By the end of 2032, the overall market valuation will hit $480 million. Global infrared and emitter sales are expected to increase at a 7.6% CAGR from 2022 to 2032.

The healthcare industry will continue to be the primary market for infrared emitters and receivers. This is owing to the use of infrared transmitters and receivers in current medical instruments. The target category will grow at a 7.2% CAGR from 2022 to 2032.

The increasing use of infrared emitters and receivers in military systems, medical equipment, and mobile phones is a major element propelling the global market ahead. Similarly, the increasing adoption of infrared sensors will drive sales until 2032.

Infrared emitters and receivers have become commonly used devices for controlling modern electronic devices wirelessly. These products work together in a variety of applications, most notably for non-contact sensing and measurement of temperature, proximity, and other parameters.

Defense applications such as surveillance, targeting, and missile guidance systems frequently employ infrared emitters and receivers.

To detect and amplify the infrared radiation emitted by objects in the environment, infrared emitters and receivers can also be used in night vision systems. Similarly, IR emitters and receivers find applications in missile guidance systems.

Hence, the growing usage of IR emitter & receivers in various military and defense systems coupled with high defense spending will boost the global market through 2032.

Rising applications in consumer electronics such as smartphones will elevate infrared emitter & receiver demand over the next ten years.

Infrared emitters and receivers are being incorporated into mobile phones for a number of uses. This includes proximity sensing, gesture recognition, and facial and hand gesture recognition. Further, they find applications in TV remotes and AC remotes.

Hence, the burgeoning demand for smartphones and other electronic devices globally will fuel IR emitter & receiver sales during the projection period.

Key Takeaways from the Infrared Emitter & Receiver Market Report:

Global sales of infrared emitters & receivers will soar at 6% CAGR during the forecast period.
By wavelength range, the low-wave infrared segment is set to expand at 4% CAGR through 2032.
By end-user industry, the healthcare segment will exhibit a CAGR of 2% from 2022 to 2032.
The United States infrared emitter & receiver market will exceed a valuation of US$ 150.5 million by 2032.
Infrared emitter & receiver demand in China is forecast to increase at 6% CAGR through 2032.
The South Korea infrared emitter & receiver industry will expand at 0% CAGR between 2022 and 2032.
Japan’s infrared emitter & receiver market will reach US$ 34.7 million by the end of 2032.

“Increasing applications across thriving consumer electronics, healthcare, and defense sector will boost IR emitter & receiver sales through 2032. Smartphone technology is advancing at an accelerated rate, and increasingly offers features that require integration of IR emitters & receivers. Manufacturers would find it beneficial to look into innovations that offer detection of a wide range of motions, and find compatibility with smartphone technologies.”- says a Future Market Insights (FMI) analyst.

Competitive Landscape

Leading manufacturers of infrared emitters & receivers include FLIR Systems, Wolfspeed, Inc., Honeywell International, Inc., Raytek Corporation, Texas Instruments Inc., Lite-On Technology Inc, Murata Manufacturing Co., Ltd, Rohm Co., Ltd, Osram Opto Semiconductors GmbH, and Vishay Intertechnology Inc.

These companies are committed to developing advanced products compatible with specific applications. They are also using strategies such as mergers, collaborations, acquisitions, partnerships, and agreements to gain a competitive edge in the market.

In July 2019, FLIR Systems announced the acquisition of New England Optical Systems (NEOS). This acquisition will expand the company’s product offering to complex infrared optical assemblies which can be used in drones, combat vehicles, astronomy, and military applications.

More Insights Available

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

The study reveals market dynamics in terms of wavelength range (near-infrared, short wave infrared (SWIR), mid-wave infrared (MWIR), long wave infrared (LWIR), and far infrared ), application (security & surveillance, imaging, hunting & wildlife observation, hidden object finding, condition monitoring & inspection, sensing, detection & measurement, paranormal research, and spectroscopy), and end-user industry (automotive, construction, transportation & logistics, chemical, aerospace, consumer electronics, military & defense, law enforcement, and healthcare) across various regions.

Global Infrared Emitter and Receiver Market Segmentation

By Wavelength Range:

Near Infrared
Short-wave Infrared – SWIR
Mid-wave Infrared – MWIR
Long-wave Infrared – LWIR
Far Infrared

By Application:

Security and Surveillance
Imaging
Hunting and Wild Life observation
Hidden Object Finding
Condition Monitoring and Inspection
Sensing, Detection, and Measurement
Paranormal Research
Spectroscopy

By End-User Industry:

Automotive
Construction
Transportation and Logistics
Chemical
Aerospace
Consumer Electronics
Military & Defense
Law Enforcement
Healthcare

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

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Global High Content Screening Market Poised for Significant Growth, Projected to Surpass USD 3 Billion by 2033 at a 5.8% of CAGR

The global high content screening (HCS) market is set to experience impressive growth, with its market value expected to soar beyond USD 3 billion by 2033, up from over USD 1.7 billion in 2023. Driven by the increasing need for innovative tools in pharmaceutical research and drug discovery, the market is projected to achieve a steady compound annual growth rate (CAGR) of 5.8% over the next decade.

High content screening, also referred to as cellomics, is an advanced method used in drug discovery and biological research for identifying new drug candidates. By combining digital microscopy, flow cytometry, and information technology systems for data storage and analysis, HCS has revolutionized drug research, providing highly detailed insights into cellular behaviors and responses. This cutting-edge technique has become invaluable in the pharmaceutical sector, particularly for characterizing preclinical drugs, accelerating the pace of drug discovery, and enhancing accuracy in the evaluation of biological effects.

High content screening technologies, which are pivotal for advanced cellular analysis and drug discovery, are witnessing a surge in demand. This uptick is driven by the increasing adoption of HCS in various applications, including cancer research, drug development, and personalized medicine. The expansion of the market is also fueled by technological advancements and the growing emphasis on high-throughput screening methods that enhance research efficiency and efficacy.

Finding and developing new drugs involves the use of high content screening. The increasing amount of research being done on target identification and validation, along with the ongoing quest for new drug candidates, is predicted to drive an acceleration in the adoption of high content screening over the next few years. Furthermore, it is projected that demand will rise over the course of the projection period as a result of a continued emphasis on manufacturing high-quality and technologically advanced cell imaging systems.

Key Takeaways

The CAGR for the global market over the preceding period was 5.1%.
Over the coming decades, the market in India is anticipated to grow at a CAGR of 6.6%.
With more than 7.3% of all demand recorded in Europe in 2022, Germany has emerged as a major market.
Over the coming decade, the market in China is anticipated to grow at a CAGR of 7.8%.
The highest demand for High Content Screenings came from the pharmaceutical and healthcare industries.

Competitive Landscape:

Key players in the HCS market employ strategies such as mergers and acquisitions, product launches, collaborations, and alliances to expand their businesses.

Particle Works, a progressive company that creates and markets cutting-edge particle engineering platforms, declared the release of the Automated Library Synthesis (ALiS) System, a new ground-breaking platform, in November 2022. This innovative platform favors automation in the early stages of the creation of drugs as well as high-throughput evaluation of lipid nanoparticle (LNP) formulations and mRNA candidates.
The Twist High Throughput Antibody Production platform, developed by California-based Twist Bioscience Corporation, was made public in April 2022. It allows customers to convert candidate genetic sequences into cleansed antibodies for use in a variety of applications related to screening and therapeutic discovery projects.

Key Companies Profiled:

Thermo Fisher Scientific Inc.
Becton Dickinson, and Company
GE Healthcare
Olympus Corporation
PerkinElmer Inc.
Sysmex Corporation
Merck KGaA
Danaher Corporation
Yokogawa Electric Corporation
BioTek Instruments Inc.

Key Segments Profiled in the High Content Screening Industry Survey:

Product Type:

Cell Imaging & Analysis
- HCS Instruments
  - High-End HCS
  - Mid End HCS
  - Low-End HCS
- Flow Cytometers
Consumables
- Microplates
- Reagents & Assay Kits
- Other Consumables
Software
Services

Industry:

Pharmaceutical & Healthcare
Biotechnology
Educational Institutions
Independent CRO
Government Organizations
Others

Application:

Primary & Secondary Screening
Target Identification & Validation
Toxicity Studies
Compound Profiling
Others

Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

A Full – Report Analysis

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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Driving Digital Transformation: Future Market Insights’ Network Automation Market Study

According to estimates, the market for network automation would reach US$ 4.4 billion by 2023. The network automation market analysis report predicts that between 2023 and 2033, it will grow at a CAGR of 23%. By the conclusion of the projected year, according to this FMI research, the market’s net valuation will have increased to US$ 34.8 billion.

Due to increased connected device usage, the advent of hybrid workplaces, and 5G-driven applications, the market is predicted to grow quickly. Additionally, it is predicted that a growing emphasis on network virtualization could speed up the growth of the network automation industry. The use of services supported by network automation in emerging markets and sectors like BFSI, manufacturing, and retail is also promoting market expansion.

Key Takeaways from the Network Automation Market Study Report

The United States is the leading region in the adoption of network automation solutions and services. The country contributed nearly 30% of the global revenue.
India and China are the two remarkably growing economies for the network automation market in the Asia Pacific region.
Until 2022 and the preceding years, the network automation solution segment dominated the market with a 70% revenue share. However, the services segment is picking rapidly and is estimated to progress at a rate of 25.5% during the forecast years.
The on-premises segment for the deployment of network automation held a market share of 55% in the year 2022. Meanwhile, the deployment of cloud network automation solutions is getting rapidly popular and is expected to register a CAGR of 25% through 2033.
Based on different network types, the virtual network segment is projected to grow at an annual average rate of 24%. Meanwhile, the hybrid network segment is anticipated to follow closely with an annual growth rate of 23.5%.

Competitive Landscape for the Market Players

Anuta Networks, IBM Corporation, VMware, Juniper Networks, Cisco Systems Inc., and Fortinet, Inc. are a few well-known industry participants. These firms are working together with telecom providers, advertising, and local players to outperform their rivals and take a big chunk of the market.

The Unified Functional Testing (UFT) platform is a single collection of network solutions. It is created to lessen the time and complexity of automated functional testing procedures. In July 2020 this portfolio received extended support from Micro Focus for the integration of Artificial intelligence.

Recent Developments by the Network Automation Service Providers

Juniper Networks Inc. combined its JUNOS-based data-center networking platform with Apstra’s network automation projects in the year 2021. The automation platforms of Apstra are based on an agile, multi-user architecture. As this partnership gets deeper towards autonomous networks powered by AI, the unified platform might help them optimize their business processes.

To help Chief Information Officers automate IT processes for increased resilience and cheaper costs, IBM released a new Al & intelligent network automation in May 2020. The new IBM Watson AlOps product leverages artificial intelligence. To simplify how businesses identify, analyze, and react to IT abnormalities on a real-time basis.

To provide sophisticated network automation open source, Juniper Networks, and Anuta Networks teamed up in June 2020. The Anuta ATOM framework is now included in Juniper’s current line of automation tools. This already includes Juniper HealthBot, Juniper NorthStar, and Junos Telemetry.

Hewlett Packard Corporation and OPTAGE, which is a Japanese telecommunications company teamed up in January 2022. The capacity of its HPE 5G Core Stack for its local networks to satisfy corporate customer expectations for diverse end users has been assessed by OPTAGE.

Key Segments Covered by Network Automation Industry Survey Report

Network Automation Industry Segment by Solution Type:

Intent-based Networking Solutions or Platforms
SD-WAN & Network Virtualization Tools
Configuration Management Tools
Other Network Automation Tools

Network Automation Industry Segment by Service Type:

Consulting Services
Advisory, Analytics & Automation Services
Training & Support Services
Deployment & Integration Services
Other Services

Network Automation Industry Segment by Network Type:

Physical Network
Virtual Network
Hybrid Network

Network Automation Industry Segment by Deployment Mode:

On-premise Deployment
Cloud Deployment
Hybrid Deployment

Network Automation Industry Segment by Application:

Enterprise Vertical
Service Provider

Network Automation Industry Segment by Organization Size:

Small & Medium Size Enterprises (SMEs)
Large Enterprises

Network Automation Industry Segment by End User:

Banking, Financial Services, and Insurance (BFSI)
Information Technology (IT) & Telecommunication
Manufacturing & Retail
Healthcare
Energy & Utilities
Education
Media & Entertainment
Government & Defense
Other End User

Network Automation Industry Segment by Region:

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

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Green Electronics Manufacturing Market Soars: Projected 26.14% CAGR to Reach US$177.01 Billion by 2033

The Green Electronics Manufacturing Market is expected to grow significantly, with a Compound Annual Growth Rate (CAGR) of 26.14% between 2023 and 2033. Starting at US$ 17.36 billion in 2023, the market is expected to reach a staggering US$ 177.01 billion by 2033.

As the environmental movement gains traction, electric motor controllers demand more efficiency from industrial motors. Furthermore, improved integration at the lowest feasible cost is crucial for increasing market penetration of new technologies while also boosting safety and dependability. This increases the need for electrical components used in digital signal controllers in smart motors to regulate voltage.

Furthermore, Industry 4.0 promises significant gains in manufacturing data automation efficiency and production. Growth is being fueled in part by parallel advancements in industrial IoT and artificial intelligence (AI). Although the electronics industry is still a long way from achieving the same level of intelligence and automation as the automotive industry, recent trends in the electronics manufacturing services sector demonstrate the evolution toward Industry 4.0.

This market is being propelled forward by the production of electronics for industrial automation. Players in industrial automation want consistent access to all data generated on the system. Because of the size of many operational utility applications, gathering this level of data is difficult. Regions such as Europe and North America are rapidly implementing Supervisory Control and Data Collection systems to collect precise data.

Most SCADA systems are made up of single-board remote terminal units (RTUs), which are tiny, ruggedized devices that house all input/output (I/O) modules on a single printed circuit board. As a result, the growing use of SCADA in the utility industry pushes up demand for EMS.

Key Points from the Green Electronics Manufacturing Market

The market is expected to surpass US$ 177.01 billion by 2033.
The ever-increasing popularity of products such as smartphones, smart TVs, laptops, ovens, refrigerators, air conditioners, and tablets, as well as the growing need for faster and more efficient manufacturing processes, are driving market expansion.
Green electronics manufacturing market is expected to grow at a CAGR of 26.14% during the forecast period 2023 to 2033.
Asia Pacific dominated the green electronics manufacturing market.

Key Development in the Green Electronics Manufacturing Market

January 2022 – Samsung Electronics said that it intends to use 100% renewable energy in all of its plants, offices, and data centers in the United States, Europe, and China by 2025.
December 2021 – Apple Inc. announced a new carbon removal project, with the goal of eliminating more carbon from the atmosphere than the firm creates. A $200 million fund is established as part of the proposal to invest in forestry initiatives.
October 2021 – LG Electronics revealed its intention to attain carbon neutrality by 2030. The corporation intends to cut greenhouse gas emissions by half by 2020.
September 2021 – Dell Technologies launched its new sustainability plan, Progress Made Real: 2030, with goals of reducing greenhouse gas emissions by 50%, using 100% recycled or renewable materials in its products by 2030, and advancing the circular economy.
March 2021 – Ouster, Inc. collaborated with Benchmark Electronics, Inc. to increase the production of its high-resolution digital LIDAR sensors for smart infrastructure, robotics, industrial automation, and automotive industries. To increase production, the company is leveraging Benchmark Electronics, Inc.’s capabilities in PCB assemblies, optics, microelectronics, and automated testing.

Competitive Landscape

Investments, partnerships, acquisitions, and mergers are all attempts by market participants to enhance their market share. Businesses are also investing in the development of new products. They are also focused on keeping competitive pricing.

Electrical product manufacturers have taken steps towards a greener future by redesigning their goods to expedite procedures and boost product reusability and recycling rates. Companies have also begun to use clean delivery tactics to promote minimal trash generation, which boosts supply chain efficiency. Electronics manufacturers are encouraged to reduce e-waste by designing devices that lower the number of dangerous substances.

Among the Key Market Participants are:

Apple Inc.
Samsung Electronics Co., Ltd.
Dell Technologies Inc.
Sony Corporation
LG Electronics Inc.
HP Inc.
Panasonic Corporation
Siemens AG
Toshiba Corporation
General Electric Company

Green Electronics Manufacturing Market Key Segment

By Technology :

for Lead-Free
for Halogen-Free

By Application :

for Electronics
for Portable electronics
for Industrial
for Automotive

By Region:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

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