Market Research Blog – Page 9005 – New Product Development

Orthokeratology Market is expected to be valued at US$ 88.7 Million by 2028

[194 Pages Report] The global Orthokeratology Market is expected to be worth US$ 58.1 million in 2022, rising to US$ 88.7 million by 2028, at a CAGR of 7.3 percent from 2022 to 2028.

Orthokeratology has been considered to facilitate the elimination of contact lens related vision problems, providing patients with the freedom to experience an active lifestyle.

While this factor will continue to play a pivotal role in growing adoption of Ortho-K lenses, Future Market Insights has discovered a few other factors that are likely to impact the growth of orthokeratology market in near future. In a recently released report, titled “Orthokeratology Market: Global Industry Analysis 2013-2021 and Opportunity Assessment, 2022–2028,” the performance of global market for orthokeratology is assessed for a 10-year period 2022-2028.

Orthokeratology Market Size (2022)	US$ 58.1 Mn
Sales Forecast (2028)	US$ 88.7 Mn
Global Market Growth Rate (2022 to 2028)	7.3% CAGR
Share of Top 5 Orthokeratology Equipment Suppliers	55%

Increasing online efforts in patient education and awareness about Ortho-K, coupled with an intensifying rate of success of orthokeratology lenses in recent years, is expected to strengthen the prospects for global orthokeratology market, over the next decade. The market is likely to witness a promising CAGR of 7.4%; whereas, the global revenue is anticipated to reach beyond US$ 88 million by the end of 2028.

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While increasing prevalence of myopia stands as a key factor impacting the market growth, several advantages of Ortho-K lenses over the conventional contact lenses have been recognized to be pushing adoption of orthokeratology among sports persons. A few restrictions arising in case of LASIK surgery will also be reportedly responsible for growing inclination for Ortho-K. On the flipside, the adoption of orthokeratology lenses among the myopic patient is less than 0.5%, which is a major factor deterring the growth of the market. In few under developing economies, patient are not able afford the high cost of ortho-k lenses and also the high fees of ophthalmologists and optometrists which will also deter the growth of market to some extent.

Myopia Continues to Remain the Most Influencing Indication, Accounting for a Major Revenue Share

Myopia is expected to remain a key indication driving the demand for orthokeratology, worldwide. With over 70% share of the total market value estimated for 2028, myopia will also provide an extensive scope for innovation opportunities. Hyperopia, followed by astigmatism, will represent the next key indicative factor, which is anticipated to drive market growth over the forecast period.

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Demand from Optometry Clinics Accounts for a Share that Equates More than Half of the Market Value

Among all distribution channels, optometry clinics will reportedly continue to generate the maximum demand for Ortho-K, accounting for a share of more than 50% to the total market value through 2028. Ophthalmic clinics are expected to hold a decent revenue share throughout the assessment period, whereas hospitals are likely to emerge as the most opportunistic distribution channel.

MEA Still Struggles through Low Awareness Level

North America and Europe, which represent the key regional markets, will reportedly account for a collective value share of around 60% through 2028. Asia Pacific excluding China and Japan is slated for modest growth, whereas MEA will continue to witness sluggish growth rate owing to relatively lower consumer awareness about availability and use of Ortho-K lenses.

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Key Players :

The Cooper Companies Inc.
Euclid Systems Corporation
Menicon Co., Ltd.
GP Specialists, Inc.
TruForm Optics, Inc.
Art Optical Contact Lens, Inc.
MiracLens L.L.C.
Contex, Inc.

Key Segments Covered in Orthokeratology Industry Survey

Orthokeratology Market by Indication:

Myopia
Presbyopia
Hyperopia
Astigmatism

Orthokeratology Market by Distribution Channel:

Hospitals
Optometry Clinics
Ophthalmology Clinics

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

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Removable Partial Dentures Market is projected to surpass US$ 3042.5 million by 2032

A removable partial denture (RPD) is a partial denture for those patient who wants to have replacement teeth for aesthetic or functional reasons. Removable partial denture is mostly used by those people who are not eligible for fixed partial dentures and implant supported prosthesis. Removable partial denture prosthesis can be made-up from metal alloy, acrylic resin and thermoplastic resin. When required, patients can remove and reinsert a removable partial denture without professional help.

Whereas a fixed partial denture can only be removed by a dental professional. A removable partial denture is a prosthesis that replaces few missing teeth. A removable partial denture is an absolute prosthesis which is used in dental profession since years for rehabilitation of edentulous patients. Removable partial denture consists of a metal alloy which is made up of base metal alloys (usually with cobalt-chromium alloy).Acrylic teeth is attached to the metal base of removable partial denture. Metal retentive clasp are present which holds the cast partial denture in place.

These removable partial dentures are attached with the help of metal framework to keep the teeth on place. The metallic appearance of the clasp may be preventive, used for treating those patients who are very much worried about the aesthetics. Benefits of the removable partial dentures are improved chewing and speaking, reduces sagging and premature aging of the face, decreased risk of gum diseases, prevents the remaining teeth form shifting around, lowered jaw stress and tension, etc.

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Removable Partial Dentures Market: Drivers and Restraints

The key factors responsible for the growth of global removable partial dentures is the growing incidence of teeth loss, rising aging population and increasing disposable income. In addition, the increasing focus on providing quality dental care and growing life expectancy of the adult population is creating the need in the removable partial dentures market and hence increasing the growth of global removable partial dentures market. However, low reimbursement, fewer experienced denture technicians and poor dental insurance coverage for dental implant is restraining the growth of global removable partial dentures market.

Removable Partial Dentures Market: Overview

A removable partial denture is used to fill the gap between the teeth. Removable partial denture is attached to the teeth with the help of metal framework to keep the teeth on place. The current scenario of the global removable partial dentures market is increasing due to the majority of the population are losing their teeth due to the gum diseases or tooth decay. Acrylic material for removable partial dentures are less expensive as compared to the other materials and this increases the adoption of acrylic material. Acrylic partials are mostly used as a temporary replacement of the missing teeth. Removable partial dentures provides an additional support for a more stable and powerful bite for easier chewing. Removable partial dentures can also enhance the natural appearance and ability to speak clearly.

Removable Partial Dentures Market: Regional Overview

Region wise, the global removable partial dentures market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, and Middle East and Africa. North America is expected to lead the market due to the better economic condition, advanced healthcare facilities and better government initiatives. In addition, more business investments for research and development in North America makes the region a leading market for global removable partial dentures market. Europe market is expected to hold second largest market share followed by Latin America due to increasing awareness. Asia Pacific is expected to show the moderate growth due to the lack of awareness amongst people.

Removable Partial Dentures Market: Key Players

VITA Zahnfabrik H.
Rauter GmbH & Co.
KG, Yamahachi Dental Products
Den-Mat Holdings, Kanfit 3D Ltd.
Renishaw plc. Beta Health Association
Inc.,Polident, Klema.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, grade, form and applications.

The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends and Issues and Challenges
Competition & Companies involved
Technology
Value Chain

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Regional analysis includes

North America (U.S., Canada)
Latin America (Brazil, Mexico, Rest Of Latin America)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC countries, S. Africa, N. Africa, Rest Of MEA)

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

Removable Partial Dentures Market: Segmentation

The global removable partial dentures market is classified on the basis of material type, end user, and geography.

Based on material type, the global removable partial dentures market is segmented into the following:

Acrylic
Flexible thermoplastics
Replacement partials
Combination of metal/acrylic
Cast Metal

Based on end user, the global removable partial dentures market is segmented into the following:

Hospitals
Dental clinics
Dental schools
Laboratories

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Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.

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Prefilled Syringes Drug Molecules Market to close in on a valuation of US$ 77.7 Billion by 2028

[306 Pages Report] Prefilled syringes drug molecules are prefilled with medication by the manufactures and are supplied to end users in the ready-to-use form. The overall global investment in healthcare has increased in the last few years. Healthcare field solutions continue to be sought after to increase the quality of life, which provides significant opportunities for pharmaceutical companies. This has also contributed to the growth of various segments of the healthcare industry such as the prefilled syringes drug molecules market.

A new research report by Future Market Insights titled ‘Prefilled Syringes Drug Molecules Market: Global Industry Analysis 2012–2021 and Opportunity Assessment 2022- 2028’ briefs the scenario of the global prefilled syringes drug molecules market. According to the market analysis, the global prefilled syringes drug molecules market is expected to reach a market valuation of over US$ 70 Bn by the end of 2027, growing at a CAGR of 5.7% during the forecast period.

Global Prefilled Syringes Drug Molecules Market: Drivers and Opportunities

The report indicates that revenue growth of the market is mainly driven by the effectiveness, convenience and ease of use of prefilled syringes. This has attracted various healthcare professionals and patients to use prefilled syringes. In addition, the minimal contamination of drug molecules and self-administration of drugs at home settings have increased the demand for prefilled syringes drug molecules. Manufacturers are focussing on introducing updated technologies and advanced products in order to attract customers. Pharmaceutical companies are introducing generic versions for cost-effective auto-injector devices and are targeting emerging regions such as the Asia Pacific, Middle East and others in order to sustain and grow in the global prefilled syringes drug molecules market.

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Global Prefilled Syringes Drug Molecules Market: Segmental Analysis

On the basis of region, North America is expected to lead the market with a huge margin. The North America prefilled syringes drug molecules market is expected to reach a market valuation of over US$ 23,000 Mn by the end of 2028, growing at a CAGR of 6.2% during the forecast period.
On the basis of drug class, vaccines and insulin are anticipated to show quite similar forecast with a high revenue share and CAGR
On the basis of application, immunisation dominates the global prefilled syringes drug molecules market with its projected revenue share. However, diabetes leads in terms of growth rate with 6.6% CAGR during the forecast period.
In terms of end users, hospital pharmacies are expected to lead the global market with a market revenue of over US$ 32,000 Mn by 2028. However, online pharmacies are projected to register a higher growth rate of 6.2% during the forecast period.

prefilled syringes drug molecules market

Global Prefilled Syringes Drug Molecules Market: Competitive Landscape

This comprehensive research report consists of a brief profile of all the major players in the industry. Some of the top companies featured in the report are Amgen Inc., Teva Pharmaceutical Industries Ltd., AstraZeneca plc, Mylan N.V., Pfizer, Inc., Fresenius Kabi AG, Johnson & Johnson, Sanofi, Merck & Co. Inc., Novartis AG etc. The global prefilled syringes drug molecules market is highly competitive due to the presence of well-established top players. However, brands such as EpiPen auto Injector and BD Physioject disposable auto injector have strategically maintained their position in the market owing to a distinctive value proposition such as providing more precision and accurate dosage.

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Key Segments of Prefilled Syringes Drug Molecules Industry Research By Drug Class :

Vaccines
Insulin
Adrenaline
Opioids
Others

By Application :

Prefilled Syringes Drug Molecules for Cardiovascular Diseases
Prefilled Syringes Drug Molecules for Diabetes
Prefilled Syringes Drug Molecules for Immunization
Prefilled Syringes Drug Molecules for Pain Management
Others

By End User :

Prefilled Syringes Drug Molecules Sold at Hospital Pharmacies
Prefilled Syringes Drug Molecules Sold at Retail Pharmacies
Prefilled Syringes Drug Molecules Sold through Online Pharmacies
Prefilled Syringes Drug Molecules Sold at Drug Stores

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Viral Vector Development Market is projected to grow at a robust CAGR of 18.2%, reaching nearly US$ 3.2 Bn by 2032

The global Viral Vector Development Market, which was forecast to be worth US$ 534 million in 2021, is expected to increase to US$3.2 billion by 2032, at a CAGR of 18.2% through 2032.

The increased prevalence of target diseases and disorders, the accessibility of funding for therapeutic gene strategies, the efficacy of viral vectors in gene therapy delivery, and continuous research into viral vector-based gene and cell therapies are some of the important drivers driving the growing vector manufacturing expansion.

Emerging markets’ untapped potential for the demand for viral vector development is likely to provide profitable growth prospects for market participants.

Government measures such as direct support for viral vector manufacturing are raising awareness, while the regulatory environment is becoming more simplified through innovations such as faster clearance processes propelling the viral vector development market forward.

The market for vector manufacturing is predicted to increase in the future as a result of the aforementioned causes. The high cost of gene therapies and limitations in viral vector production capacity, on the other hand, may have a negative impact on market growth.

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The viral vector development market is divided into cancer, genetic disorders, infectious diseases, and other diseases based on disease. The expanding study on viral vectors gene treatments for cancer can be attributable to its high proportion.

The viral vector manufacturing market is divided into two applications–gene therapy and vaccinology. During the projected period, the gene therapy segment is expected to increase at the fastest rate. In the following years, new vectors and applications for gene therapy are expected to be researched, as well as new drugs found.

Furthermore, the use of cutting-edge technologies such as MP-Seq might help accelerate the development of viral vectors. Some barriers may obstruct the vector manufacturing market, such as tight government rules that cause product approval to be delayed.

Some regulatory criteria, such as crucial raw material control, must be followed when manufacturing viral vectors. Few regulatory rules for the creation of viral vectors have been established by the US Food and Drug Administration (FDA), the European Medicines Agency (EMA), and the Japanese Pharmaceuticals & Medical Devices Agency (PMDA).

The global viral vector market is growing due to the rising prevalence of various genetic disorders and target diseases such as infectious diseases, increased funding availability for gene therapy development, research efforts in the field of viral vector-based cell and gene therapies, and increasing efficacy of viral vectors in delivering gene therapy.

The viral vectors market is developing due to rising investments in biopharmaceutical manufacturing, rising health spending, technological improvements, and the healthcare demands of an aging population. The viral vector development market is also anticipated to grow due to an increase in the number of clinical investigations and prospective uses in innovative medication delivery systems.

Key Takeaways

Retroviral Vectors, one of the report’s sectors, is expected to grow at an 18.5 percent compound annual growth rate (CAGR) and reach US$547.1 million by the conclusion of the analysis period.
After a detailed examination of the pandemic’s commercial ramifications and the resulting economic crisis, the Adenoviral Vectors segment’s growth is revised to an 18.8% CAGR for the next seven years.
In the year 2021, the viral vector manufacturing market in the United States is expected to be worth $327.6 million.
China, the world’s second-largest economy, is expected to reach a viral vector development market size of US$49 million by 2026, representing a 21.9 percent CAGR throughout the study period.
Japan and Canada are two other important geographic markets, with forecasted growth rates of 15.8 percent and 16 percent, respectively, for the analysis period. Germany is expected to expand at a CAGR of around 15.1 percent in Europe.

Competitive Landscape

The sales of viral vector manufacturing are moderately competitive, with many major competitors. Due to the increased demand for novel therapies to treat life-threatening diseases like cancer, a number of smaller businesses are entering the market and gaining a large share of the industry.

Among the major players in the market are Kaneka Corporation, Cognate BioServices Inc., Finvector, AstraZeneca, Merck KGaA, Uniqure NV, Oxford BioMedica PLC, Johnson & Johnson (Janssen Global Services, LLC), Vibalogics, Fujifilm Holdings Corporation.

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Recent Developments

Merck plans to expand its global contract development and manufacturing organisation (CDMO) footprint by opening a new viral vector contract development manufacturing facility for gene therapy in Carlsbad, California, in October 2021.
LEXEO Therapeutics and FUJIFILM Diosynth Biotechnologies formed a strategic partnership in October 2021 to support the research and manufacturing of LEXEO’s AAV-mediated gene treatments.
Fujifilm Corporation announced intentions to invest USD 40 million in establishing a new production plant for viral vector manufacture and related research in January 2021.

Why Future Market Insights?

Comprehensive analysis on evolving purchase pattern across different geographies
Detailed insights of market segments and sub-segments for historical as well as forecast period
A competitive analysis of prominent players and emerging players in the keyword market
Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

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

About Future Market Insights (FMI)

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

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Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

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Dissolving Microneedles Market totalling around US$ 99.24 Mn by the end of 2032, Says Future Market Insights

[226 Pages Report] As per Future Market Insights’ latest industry analysis, the global dissolving microneedles market is estimated to reach US$ 40.22 Mn in 2022 and is further expected to grow at a CAGR of close to 9.5% over the forecast period, totaling around US$ 99.24 Mn by 2032.

Microneedles have been and continue to be a focus of research for a variety of medicinal purposes. Research on dissolving microneedles is expanding quickly, both in academic institutions and in many therapeutic clinical applications. Till December 2021, ten clinical trials employing dissolving microneedles were conducted.

Clinical trials for dissolving microneedles concentrate on their therapeutic application for cosmetics, anti-infectives (mostly vaccines), cancer, and skin diseases. Thus, strong product pipeline of dissolving microneedles for numerous applications is anticipated to drive market growth for dissolving microneedles.

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Furthermore, the emergence of dissolving microneedles as a better alternative to hypodermic needles for vaccination as well as for cosmetic application is boosting the demand for dissolving microneedles. Instead of using a hypodermic needle, administering vaccines with a small patch coated in several soluble microscopic needles may result in safer, more effective vaccinations that anybody may administer.

Needles used for hypodermic injections are regarded as biomedical waste and have to be disposed off in designated containers. The needles in the patch disappear into the body as soon as it is placed into the skin, leaving only the backing, which dissolves in water.

The reusing of needles, which occurs in areas with inadequate medical facilities, would be halted by the dissolving microneedle patches. The cost of the dissolving microneedle patches would be the same as that of traditional needles and syringes.

Additionally, dissolving microneedles can offer strong market potential with on-the-go and easy-to-use/administer dosage form in a minimally invasive manner. Also, there are a significant number of patients that are needle phobic, which makes the administration of vaccines difficult. Hence, there is significant demand for minimally invasive drug delivery systems like transdermal delivery of drugs.

Key Takeaways from Market Study

By application, the wrinkle treatment segment holds approximately 5% market value share in 2021 and it is likely to grow at the highest CAGR over the forecast period.
Based on distribution channel, online stores are projected to capture around 4% of the global market value by 2032.
With rapidly expanding healthcare industry, Europe held a value share of around 7% of the global dissolving microneedles market in 2021.
The dissolving microneedles market in South Korea is poised to grow at 7% during the forecast period.
Germany’s dissolving microneedles market is projected to display a growth rate of 1% between 2022 and 2032.

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“Rising number of needle-phobic population, increasing demand for dissolving microneedles for diagnosis and monitoring, and strong product pipeline for diverse applications are set to propel the demand of dissolving microneedles across the globe,” says an analyst of future market insights.

Market Competition

Major market players are constantly focusing on adopting strategies such as acquisitions, partnerships, capacity expansion, and strengthening their product portfolios and distribution networks to expand their global footprint as well as to improve their market share. For instance,

In February 2019, CosMED Pharmaceutical doubled its microneedle production capacity to increase cosmetics product manufacturing.
In August 2020, Nissha Co., Ltd. acquired ISO 22716 certification for its global headquarters for manufacturing and quality management of cosmetics products.
In October 2021, Vaxess Technologies announced the grand opening of a GMP manufacturing facility. Vaxess is focused on developing a pipeline of MIMIX therapies.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the dissolving microneedles market in its latest study, presenting a historical demand assessment of 2017 – 2021 and projections for 2022 – 2032.The global dissolving microneedles market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

The dissolving microneedles market is segmented into three parts based on the application (wrinkle treatment and acne treatment), and distribution channels (retail stores, supermarkets & hypermarkets, online stores and aesthetic/cosmetic clinics), across seven key regions of the world.

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Key Players :

CosMED Pharmaceutical Co.Ltd.
Micron Biomedical, Inc.
Raphas Co., Ltd
Nissha Co., Ltd
Micropoint Technologies
Small Lab
Vice Reversa
NINGBO CHIMED TECHNOLOGY CO., LTD
Vaxess Technologies, Inc.
QuadMedicine

Key Market Segments Covered In Dissolving Microneedles Industry Research

By Application:

Wrinkle Treatment
Acne Treatment

By Distribution Channel:

Retail Stores
Supermarkets & Hypermarkets
Online Stores
Aesthetic/cosmetic clinics

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Mobile Clinics Market to Surpass US$ 8.1 Bn Revenue by the year 2032 Attributing to Rising Healthcare Expenses Globally

[281 Pages Report] The global mobile clinics market is expected to showcase a positive growth outlook of the global mobile clinics market by exhibiting a total CAGR of around 11.3% from 2022 to 2032. The global market is expected to enjoy a valuation of US$ 2.8 Bn by the end of the year 2022 and surpass a valuation of around US$ 8.1 Bn by the year 2032. According to the analysis conducted by Future Market Insights, single exam rooms, by design layout, propelled market growth with a share of about 79.7% in the year 2021, within the global market. As per historical estimations, the global mobile clinics market expanded at a CAGR of 9.8% from 2016 until 2021.

The global healthcare system is drastically changing owing to the burden of chronic disease and rising healthcare expenses. This significant transformation aims to improve healthcare access and health outcomes. Due to differences in access to health care and social factors that influence health, a number of diseases disproportionately affect some communities. Mobile clinics are vital in order to access populations in remote, difficult areas, as well as groups cut off from mainstream medical care due to geography and climatic factors.

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In order to improve a country’s general health and reduce healthcare costs, it is vital to focus on these inequities. Hence, it is vital for decision-makers and healthcare practitioners to create novel interventions, which sustainably manage chronic conditions, encourage preventative health, and enhance outcomes for both the public and those excluded from traditional healthcare. According to recent research, mobile clinics have proven to be effective at reaching vulnerable groups by offering services to disadvantaged communities and adopting their services rapidly in response to evolving community needs.

Key Takeaways

Mobile clinics are known to imbibe immense potential in emerging economies like India, China, Thailand, Indonesia, and the Philippines. Companies within the mobile clinics market are known to have significant growth potential owing to a huge patient population and an increase in the prevalence of infectious diseases. Patients are more likely to visit mobile health clinics because of their increased awareness of various health issues.
With the introduction of government programs for chronic illness treatment and screening in rural regions, the market for mobile clinics is expected to expand throughout the next ten years. In order to efficiently build the healthcare infrastructure in East Africa, including Kenya, Nigeria, etc., government healthcare financing is also increasing in growing economies. This offers a market growth outlook with numerous opportunities for emerging markets.
The geriatric population has a higher risk of catching non-communicable diseases like diabetes, cancer, and cardiovascular diseases. The aging population significantly influences the global market for mobile clinics because these clinics readily bring all services directly to the patient’s doorstep. The majority of elderly people prefer to visit mobile clinics since they are more accessible than traditional hospitals. As a result, the market for mobile clinics has excellent prospects for future expansion globally.
Mobile clinics have a bright future over the projection period because they serve as a bridge linking clinical and community-based settings that focus on both the social and medical determinants of health, addressing health problems at the community level. In addition to that, the evidence points out mobile clinics as being a cost-effective care delivery paradigm that enhances health outcomes for underrepresented groups and generates sizable cost savings.
A creative and innovative approach to offering healthcare is trending all over the globe. Mobile clinics are anticipated to help decrease health disparities among vulnerable communities and people with chronic illnesses. Furthermore, some studies have found that mobile clinics are most effective in situations like delivering urgent care, commencing chronic illness management, and conducting preventative health screenings.

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Competitive Landscape

The key industry leaders in the global mobile clinics market are actively promoting them on several social media platforms, blogs, and website promotions. Key market participants have widened their reach into competitor markets and geographic areas with the support of such strategic marketing.

More Insights into the Mobile Clinics Market

The U.S. is expected to dominate the global mobile clinics market as it accounted for around 91.0% in 2021 and the North American region is expected to continue to experience similar growth throughout the forecast period.

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Key Market Segments Covered in Mobile Clinics Industry Research

By Clinics:

Maternal Health
Neonatal and Infant Health
Child and Adolescent Health
Reproductive Health and Contraceptive Services
Mental Health
Dental Care
ENT
Geriatric Care
OPD
Diagnostic/screening
Emergency care

By Design Layout:

Single Exam Room
Double Exam Room
Triple Exam Room

By Vehicle:

Mobile Medical Vans
Mobile Medical Bus
Mobile Medical Shipping Containers

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CMO/CDMO Market Application, Trends, Growth, Opportunities and Worldwide Forecast to 2030

An increasing number of companies within the pharmaceutical sector have been considering contract manufacturing in response to the increasing demand for generic drugs and biologics. In a new study, Future Market Insights (FMI) has forecast the global contract manufacturing/ contract development and manufacturing organization (CMO/ CDMO) market to surpass US$ 18 Bn by 2020.

According to the study, contract manufacturing accounts for 3/4^th of all the CMO and CDMO services. Focus towards cost management, enhanced process flow, and better scalability will drive the market over the forecast period. Besides this, the increasing demand for skin care products, which also accounts for the leading share in terms of product type, will enable the market gain impetus in the coming years.

Key Takeaways from CMO/CDMOs Market Study

CMO/ CDMO services has become highly sought-after in pharmaceutical and beauty industries. FMI has projected the market to report 6.2% CAGR between 2020 and 2030
The U.S. is expected to account for over 77% of sales in North America by 2030
The U.K. will represent impressive scope for expansion, exhibiting above 7% CAGR through the forecast period
The rising focus on healthcare and wellness spending will support growth in Germany and France
The availability of inexpensive labor and resources will continue supporting growth in China. However, Japan and South Korea markets are expected to register higher percentage of growth over the forecast period

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“Manufacturers operating in the market are keen on forging strategic partnerships with leading cosmetics brands and pharmaceutical companies. Collaborations are expected to remain a primary strategy adopted by market players to gain competitive edge,” says FMI analyst

In terms of the effect of COVID-19 pandemic on the demand of CMO/CDMO services, there was a negative impact on the market growth. One of the major issues was related to the supply chain gap. Prior to COVID-19, contract manufacturing was one of the most preferred sectors in the growing beauty and personal care industry. However, due to the pandemic, the industry suffered major setbacks as expected product launches were delayed. A shift was observed in consumer habits. Reduction of sales of leading products was recorded along with production slowdowns, which caused overhead to curb the profitability.

Who is Winning?

Collaboration is the key strategy amongst market players. The CMO/CDMO companies continue to focus on collaborations to gain sustainability in the market.

For instance, In February 2021, Lonza signed an agreement to divest its specialty ingredients business to Bain Capital and Cinven, aiming to refocus as a pure-play partner to the healthcare industry.

In 2021, Pierre Fabre Group hosted a pioneering custom online partnering forum, partnering with biopharmaceutical firms aiming to accelerate the digital transformation of Pierre Fabre Group
In 2020, In March 2020, Pierre Fabre Group, in partnership with numerous hospitals in the Occitania region of France, donated hand care creams, body cleansing gels and thermal spring water sprays and hand sanitizers necessary to combat the spread of Covid-19.

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Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015-2030. The global CMO/CDMO market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on CMO/CDMO market on basis of service (Contract Development: Formulation development & Pilot studies, Contract Manufacturing: Bulk preparation & scale up, Safety Testing and Filling & Packaging (Close jars, Bottles, tubes, roll ons and others), on basis of product (Hair Products, Skin Products, Lip Products, Eye Products, Body hygiene and Oral hygiene), on basis of form (Solid form & powder, Lotions, Creams and Others) across seven key regions.

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CMO/CDMOs Market By

Service

Contract Development
- Formulation development
- Pilot studies
Contract Manufacturing
- Bulk preparation & scale up
- Safety Testing
- Filling & Packaging
  - Close jars
  - Bottles
  - tubes
  - roll ons
Others

Product

Hair Products
Skin Products
Lip Products
Eye Products
Body hygiene
Oral hygiene

Form

Solid form & powder
Lotions
Creams
Others

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

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Automotive Oil Pressure Switch Market Size to be worth US$ 9.6 billion by year 2032

The global automotive oil pressure switch market is expected to be valued at US$ 9.6 Billion in 2032 and exhibit steady growth at a CAGR of 5.8% in the forecast period from 2022 to 2032. It is anticipated to reach US$ 3.1 Billion in 2022. The surging demand for electric vehicles, multi-functionality of switches, and rising investments in the railways sector are likely to drive the sales of automotive oil pressure switches in the upcoming years.

The automotive oil pressure switch is designed to measure the integrity of the lubrication system of the engine. The oil pressure switch reflects all the changes in engine oil pressure, on the dashboard of the vehicle via oil pressure gauge or light. Therefore, when the oil pressure fall below the critical pressure within the engine will be displayed to the driver. Hence, the damage caused to the engine can be prevented and also helps in enhancing the overall life of the vehicle. This implies that automotive oil pressure switch is the most important component used in an automobile for safety application.

Furthermore, with the increasing production of automobiles owing to continuously rising demand is projected to support the growth of automotive oil pressure switch market during the forecast period.

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Global Automotive Oil Pressure Switch Market: Dynamics

Sales of automotive oil pressure switch is directly dependent on automotive production and continuously increasing vehicle parc. The automotive industry in the recent past has witnessed moderated growth owing to unstable economic condition of the market. Although, the automotive production is further expected to increase at a modest CAGR of 3% – 3.5% in the coming future.

The production trends varies for region to region, will be higher in emerging countries when compared with developed economies. This can be attributed to rapid urbanization and stable economic conditions of the respective region. Moreover, with the continuously addition of the new fleet of vehicles ever year, the aftermarket of automotive oil pressure switch is also going to witness marginal growth opportunities during the forecast period.

Global Automotive Oil Pressure Switch Market: Market Participants

In the global market of automotive pressure switch market, there are significant number of manufacturers present in the market across the globe. Moreover, the list of some of the manufacturers engaged in the production and sales of automotive oil pressure switch are mentioned below:

Amphenol Advanced Sensors
Francisco Albero S.A.U.
Bitron Industrie S.p.A
Standard Motor Products, Inc.
Tecmark Corporation
Pressure Switches, Inc.

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The report covers exhaustive analysis on:

Automotive oil pressure switch Market Segments
Automotive oil pressure switch Market Dynamics
Automotive oil pressure switch Market Size
Automotive oil pressure switch Current Trends/Issues/Challenges
Automotive oil pressure switch Competition & Companies involved
Automotive oil pressure switch Value Chain

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Europe (Germany, Italy, France, U.K, Spain, Russia, Poland)
South Asia (India, ASEAN)
East Asia (China, Japan, South Korea)
Oceania (Australia & New Zealand)
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Global Automotive Oil Pressure Switch Market: Segmentation

Global automotive oil pressure Switch market can be segmented on the basis of product type, type, diaphragm material, vehicle type, sales channel and region.

On the basis of product type

Normally Open Type (NO)
Normally Closed Type (NC)
Normally Open & Closed Types (NOC)

On the basis of type

Pre Adjusted Type
Adjustable Type

On the basis of diaphragm material

Polyamide
Rubber
Metallic

On the basis of vehicle type

Passenger Car
Light Commercial Vehicles
Heavy Commercial Vehicles

On the basis of sales channel

Original Equipment Manufacturer (OEM)
Aftermarket

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Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected automotive oil pressure switch market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on automotive oil pressure switch market performance
Must-have information for automotive oil pressure switch market players to sustain and enhance their market footprint

Explore Wide-ranging Coverage of FMI’s Automotive Landscape

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Vehicle Starter Motor Market Projected to worth US$ 9 Billion by the end of year 2032 | FMI

The global vehicle starter motor market is estimated to projected growth at a CAGR of around 5% to 6% CAGR during the forecast period 2022-2032. The demand for vehicle starter motors is expected to total US$ 9 Bn by the end of 2032, in comparison to the US$ 6 Bn registered in the years 2021.

The growth in the number of vehicles has led to a continuous increase in the demand for engines over the past few years. This fueled demand for engines, is, in turn, driving the growth of the vehicle starter motor market. A vehicle starter motor is a component that converts the stored electrical energy in the battery into mechanical power in order to start or crank the engine.

The vehicle starter motor distributes the mechanical energy required to rotate the crankshaft for a specified number of cycles. When the crankshaft starts rotating, the engine initiates the procedure of combustion. Moreover, the vehicle starter motor is able to disengage itself once the engine begins to run on its own power.

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Before the introduction of the vehicle starter motor technology, earlier engines were started by several other techniques such as gunpowder cylinders, wind-up springs, and human-powered systems such as a detachable crank handle that engaged the front of the crankshaft, to name a few. Therefore, with the advent of technology, vehicle starter motors have been integrated into the operation of engines.

Vehicle Starter Motor Market: Drivers

The rise in the demand for passenger cars, coupled with the growing preference for M&HCVs for transporting cargo, is expected to spur the demand for vehicle starter motors. Additionally, the application of automotive alternators and starter motors in new segments of vehicles, such as electric and hybrid vehicles, is also set to drive the demand for alternators and vehicle starter motors across the world

However, the increasing efforts being taken by automotive companies to develop and upgrade their component technologies, such as integrated starter generators, in order to abide by the regulations and rules towards the development of fuel efficiency norms by reducing fuel emissions, are likely to hinder the growth of the vehicle starter motor market over the forecast period.

Vehicle Starter Motor Market: Market Participants

Examples of some of the market participants/vendors identified in the vehicle starter motor market across the globe are Denso Corporation (Japan), BBB Industries (U.S.), Valeo SA (France), Mitsuba Corporation (Japan), Ningbo zhongwang AUTO Fittings Co., Ltd. (China), BorgWarner Inc. (U.S.), Hella KGaA Hueck & Co. (Germany), Hitachi Automotive Systems, Ltd. (Japan), Robert Bosch GmbH (Germany), ASIMCO Technologies Ltd. (China), Unipoint Electric MFG Co., Ltd. (Taiwan), Lucas Electrical Limited (U.K.), Remy International, Inc. (U.S.), Mitsubishi Electric (Japan), and Cummins Inc. (U.S.)

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The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand of Vehicle Starter Motors
Current Trends/Issues/Challenges in the Vehicle Starter Motor Market
Competition & Companies Involved
Technology of Vehicle Starter Motors
Value Chain of the Vehicle Starter Motor Market

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Vehicle Starter Motor Market: Segmentation

On the basis of type, the vehicle starter motor market can be segmented into:

Electric
Flou-Thru Drive
Gear Reduction
Movable Pole Shoes
Inertia Starters
Pneumatic
Hydraulic

On the basis of component, the vehicle starter motor market can be segmented into:

Armatures
Starter Drive Gears
Shift Forks
Return Springs
Solenoids
Brushes
Others

On the basis of sales channel, the vehicle starter motor market can be segmented into:

OEMs (Original Equipment Manufacturers)
Aftermarket

On the basis of vehicle type, the vehicle starter motor market can be segmented into:

Passenger Cars
HCVs (Heavy Commercial Vehicles)
LCVs (Light Commercial Vehicles)

On the basis of engine type, the vehicle starter motor market can be segmented into:

Diesel Engines
Gasoline Engines

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Report Highlights:

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

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High Flow Oxygen Therapy Devices Market is projected to reach US$ 1.4 Bn by 2031 | FMI

[250 Pages Report] The rising prevalence of acute respiratory failures (ARF) due to the COVID-19 outbreak, risk of community infection, increasing demand for high flow nasal cannula, and advancements in high Flow Oxygen Therapy Devices are some key factors contributing to the growth of the high flow oxygen therapy devices market.

According to a recent study by Future Market Insights (FMI), these factors have proven crucial at enabling growth in the high flow oxygen therapy devices market. Sales of high flow oxygen therapy devices are expected to top US$ 1.7 Bn in 2021, at a CAGR of -6.4% during 2021-2025 and CAGR of 1.4% during the forecast period (2025-2031).

Public health issues worldwide, including Acute Respiratory Failure (ARF), pneumonia, asthma, and interstitial lung disease, pose a significant socioeconomic burden on individuals and societies.

Presently, COVID-19 is the primary risk factor for ARF. COVID-19 symptoms such as low blood-oxygen level and pneumonia in patients increase the risk of ARFs. Because of the growing ageing population and increased exposure to risk factors, ARF and pneumonia are becoming more prominent problems across the world, which is fuelling the demand for high flow oxygen therapy devices.

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The World Health Organization (WHO) Child Health Epidemiology Reference Group estimates that the pneumonia resulted 105.7 million new cases in 2017; of these 13% were severe and needed immediate hospitalization.

Consistent rise in incidence of pneumonia will fuel the demand for high floe oxygen therapy devices through the forecast period. Indoor air pollution was a major risk factor that was estimated to have led to 29% of pneumonia deaths in 2017.

Outdoor air pollution was responsible for another 18% of all deaths. In addition, an increase of 81.1% in the number of pneumoconiosis cases were observed for both sexes from 1990 to 2017 worldwide. Thus, the growing burden of respiratory diseases along with the outbreak of COVID-19 across the world is expected to drive the high flow oxygen therapy devices market.

Key Takeaways from High Flow Oxygen Therapy Devices Market Study

Demand for heated humidifiers is expected to grow at -6.6% CAGR during 2021-2025 and 1.3% CAGR through 2025-2031, owing to the occurrence of the COVID-19 pandemic.
The acute respiratory failure segment accounted for a higher share of 90% among applications. This can be due to the rising COVID-19 cases that lead to acute respiratory failure in the infected patients and require non-invasive respiratory support.
500 Beds and Above Hospitals are projected to capture over 51% of the global market by 2031. This is attributed to the growing burden of respiratory diseases.
North America is the largest revenue-generating region for high flow oxygen therapy devices, with the U.S. accounting for nearly 96% of the regional market in 2031.
South Asia is the second most lucrative market with India accounting for over 58% of the share in 2031.
Japan holds the leading position in East Asia and is expected to account for over 42% of the market in 2031.

“Increasing funding for R&D activities aimed launching novel products and solutions and healthcare recognition and recommendation of high-flow nasal cannula oxygen therapy will continue creating growth opportunities for manufacturers through the assessment period, ending in 2031,” says the FMI analyst

Who is winning?

Some of the leading manufacturers of high flow oxygen therapy devices are focusing on product approvals and launch strategies for global expansion objectives, thereby, enhancing their market presence. The leading key players are also focusing on innovation and launching new technologies for increasing the efficiency of products.

In June 2020, Armstrong Medical introduced the second generation FD140i, an improved dual therapy flow driver with an easier transition from CPAP to HFOT.

In 2019, TherOx Company received approval for SuperSaturated Oxygen Therapy system from the U.S. Food and Drug Administration (FDA) to be one of the effective therapies for cardiovascular diseases.

The key market players covered by FMI include Draegerwerk AG & Co. KGaA, Teleflex Medical GmBH, Philips Respironics, Vapotherm, Inc., ResMed, Vyaire Medical, Inc., Fisher & Paykel Corporation Ltd., Armstrong Medical, Flexicare Medical, Hamilton Medical Inc., Intersurgical Inc., Inspired Medical, WILAMed GmBH, Besmed Health Business Corp, Shenzhen Micomme Medical Technology Development Co., Ltd, Shenyang RMS Medical Tech Co. Ltd. and BMC Medical Co., Ltd.

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Want more insights?

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031. The global high flow oxygen therapy devices market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on high flow oxygen therapy devices segment based on the product (High Flow Nasal Cannulas, High Flow Oxygen Masks, Breathing Circuits, Heated Humidifiers and Accessories) Application (Pneumonia and Acute Respiratory Failure) End User (Less than 100 Beds Hospitals, 100-250 Beds Hospitals, 250-500 Beds Hospitals and 500 Beds and Above Hospitals) across seven major regions.

High Flow Oxygen Therapy Devices Market by Category Product:

High Flow Nasal Cannulas
High Flow Oxygen Masks
Breathing Circuits
Heated Humidifiers
Accessories

Application:

Pneumonia
Acute Respiratory Failure

End-User:

Less than 100 Beds Hospitals
100-250 Beds Hospitals
250-500 Beds Hospitals
500 Beds and Above Hospitals

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Region:

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

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