Organ Preservation Market Report Covers Trends, Demand, Growth Prospects, and Forecast 2030

The Organ Preservation Market Revenue is expected to grow $455 million by 2032, up from 230 million in 2021, at a 6.4% CAGR during the forecast period.

Organ Preservation Market Overview:

Organ preservation is the practise of preserving healthy organs removed from donors’ bodies. Organs are extracted from the donor’s body, transported, and then transplanted into the recipient’s body without causing significant damage. According to the findings of this study, the rising prevalence of chronic illnesses has a direct impact on the adoption of organ preservation.

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Attributes Details
Organ Preservation Market CAGR (2022-2032) 6.4%
Organ Preservation Market (2026) US$ 317 Million
Organ Preservation Market (2032) US$ 455 Million

Organ preservation for transplantation has a strong influence on donor organ quality, which has a direct impact on a patient’s morbidity and survival rates following transplantation. One of the major factors driving the growth of the organ preservation solutions market is the increasing prevalence of chronic illnesses, as well as the world’s growing elderly population.

Because of the increasing number of organ failures caused by diabetes, cardiovascular diseases (CVDs), obesity, and other serious medical problems, static cold storage organ preservation treatments are becoming more common. Innovative and sophisticated organ preservation strategies, such as NMP, act as a growth-inducing agent.

In clinical and experimental research, such strategies help to reduce the risk of reperfusion damage after transplantation and improve static cold storage organ preservation results. Furthermore, an increasing number of government and non-government regulations and activities to encourage organ donation are positively impacting the growth of the organ preservation solutions market.

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The growing number of people who volunteer to donate their organs for transplantation and research is also propelling the market forward. Other factors, such as increased R&D and significant developments in the global organ preservation market, are expected to significantly contribute to market expansion.

Key Takeaways:

  • A preservation injury occurs when the liver no longer functions. A liver transplant, also known as a hepatic transplant, has the potential to save someone’s life. A liver transplant may also be recommended by a doctor to a patient who has reached the end stage of liver disease.
  • Individuals who received a liver transplant had an 89% chance of survival after one year, according to an article published in the American Journal of Transplantation. The growing need for organ transplantation is propelling the global organ preservation market across the board.
  • According to the American Transplant Foundation, approximately 114,000 people in the United States are currently on the waiting list for a life-saving organ transplant. Every day, on average, 20 people die due to a lack of available organs for transplantation.

Competition Analysis:

The global organ preservation marketis dominated by companies such as Paragonix Technologies (US), XVIVO Perfusion AB (Sweden), Dr Franz Köhler Chemie GmbH (Germany), Essential Pharmaceuticals, LLC (US), TransMedics (US), OrganOx Limited (UK), 21st Century Medicine (US), Bridge to Life Limited (US), Waters Medical Systems (US), Preservation Solutions (US), Carnamedica (Poland), Transplant Biomedicals (Spain), Institut (Netherlands).

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Key Market Segments Covered in the Study:

By Solution:

  • University of Wisconsin Solution (UW Solution)
  • Custodial HTK
  • Perfadex
  • Other Solutions

By Technique:

  • Static Cold Storage
  • Hypothermia Machine Perfusion
  • Normothermic Machine Perfusion

By Organ Type:

  • Kidney
  • Liver
  • Long
  • Heart
  • Pancreas

By End User:

  • Organ Transplant Centres
  • Hospitals
  • Speciality 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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Pet Diabetes Care Devices Market Will Generate Booming Growth Opportunities to 2032

According to a recent FMI study, the Pet Diabetes Care Devices Market is expected to reach US$ 3.90 billion by 2032, up from US$ 2 billion in 2021, with a 6.6% CAGR. This study explains how the market for pet diabetes care devices is directly proportional to the increased number of suffering pets and the spread of diabetes among them. As an example, consider caring for a diabetic blind dog.

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Attributes  Details
Pet Diabetes Care Devices Market CAGR (2022 – 2032) 6.5%  
Pet Diabetes Care Devices Market (2032) US$ 4 Bn
Pet Diabetes Care Devices Market Attraction The increasing obesity of pets as a result of fewer physical activities and major eating disorders are driving forces behind the development of pet diabetes care devices.

Domestication of animals causes a decrease in insulin production. Diabetes is defined as a restricted flow of glucose to the cell. This chronic disease is a major source of concern for pet owners and must be addressed. This concern fuels the growth of the pet diabetes care device market. Pet owners use devices such as the alphatrak blood glucose metre to monitor their pets’ health.

Other factors driving the growth of the pet diabetes care device market include an increase in the number of people adopting pets and then domesticating them in their homes, as well as treating and caring for them as family members.

Because diabetes is a chronic disease, the care devices are used for the pet’s entire life. As a result, structured devices and care units such as dog fitness trainers, special diet consultants, and regular insulin injections are in high demand.

Effective diabetic care and management are important for the pet’s health. According to the American Pet Products Association, 90.5 million families have adopted a pet, increasing the amount of money spent on a single pet for its healthcare and well-being.

“Limited amount of awareness of pet’s health and monitorization, poor management of pet’s having diabetes are some reasons that restrict the global market growth. This leads the pet to get indulged with other infections that harm their health and cause effects on; eyesight, liver, smelling abilities.”

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Key Takeaway

  • The healthcare market is already being impacted by Covid-19, which is affecting global supply and demand chains. During the surge in cases, the pet care market, including the pet wellbeing care devices market, took a hit.
  • Animal rights and pet rights organisations are collaborating to raise awareness about the various diseases that pets face. During the pandemic, pet parents were taught how to cure and care for their pets via online conferences.
  • The global pet diabetes care devices market is divided into three categories: device type, animal type, and end users. In each marketing space, these segments perform differently.
  • On the basis of device type, the global market is divided into Insulin Delivery Devices and Glucose Monitoring Devices. The leading segment is insulin delivery. E.g., Pet wellbeing sugar gold for dogs, Vetsulin for dogs and cats. On the basis of animal type, the market is segmented into Cats, Dogs, and Horses. The leading segment in the market is dogs, as they are domesticated the most in this category. Taking care of a diabetic dog needs plenty of care and regular check-ups from time to time.
  • On the basis of end-use, veterinary clinics, home care settings, and veterinary hospitals are the segments.

Comparative View of the Adjacent Pet Diabetes Care Devices Market

Attributes Pet Diabetes Care Devices Market Diabetes Care Devices Market Veterinary Reference Laboratory Market
CAGR
(2022-2032)
6.5%   7%   11%  
Market Value
(2026)
US$ 2.74 Bn US$ 28 Bn US$ 6.3 Bn
Growth Factor Growing number of pets suffering from diabetes and improper biological response to it is driving the market growth. Availability of new insulin delivery systems are likely to drive the demand for diabetes care devices. Rapid increase in the population of companion animal and focus on pet insurance to govern growth.
Opportunity Rising incidence of obesity in pets is likely to boost opportunities. Increasing prevalence of lifestyle-related disorders to boost demand for diabetes care devices. Untapped opportunities available in the emerging countries.
Key Trends Increasing expenditure in pet healthcare to remain a key trend in the market. Asia Pacific to remain the fastest-growing market. Agreements and partnerships with small and mid-sized players to be a way for inorganic growth.

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Competitive Landscape

The global pet diabetes care devices market is dominated by Apotex Inc, Boehringer Ingelheim VetMedica Inc, Becton, Dickinson and Company, FitBark, Henery Schein Animal Health, Merck Animal Health, Ulticare, and TaiDoc. These companies are adopting new organic and inorganic plans to increase their stronghold in the pet diabetes care devices market.

Lately, Merck Animal Health, Zoetis, and Purina are continuing the diabetes pet care alliance program. This involves alliances, aids, and pet screenings.

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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.

Contact:

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Injection Pen Market 2022-2032 | Proclivity towards point-of-care testing to improve sales potential

As per the Injection Pen Market Survey by Future Market Insights (FMI), the market is expected to witness steady growth at a CAGR of 7% during the forecast period 2022-2032.

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Attributes Details
Injection Pen Market CAGR (2022 – 2032) 7%
Injection Pen Market (2026) US$ 53 Bn Injection Pen Market Attraction
Injection Pen Market Attraction Reimbursements and technological development in injection pen to boost adoption.

An increased preference for injectable pens over the traditional vial and needle approach, driven by an increase in needlestick injuries, is a significant factor driving injection pen market growth.

According to the injection pen market study, sales of injection pens have increased due to the increasing popularity of injection pens, which has been facilitated by advancements in delivery device technology.

According to the study, the injection pen market is growing significantly as healthcare businesses expand in response to rising medical needs.

The least amount of difficulty and inconvenience associated with injecting drugs into the body is expected to drive up demand for injection pens.

Because many chronic illness implants are biologics, the expiration of copyrights, increased funding agencies, and growing government and insurance company support present a new horizon of injection pen market opportunities.

The main reasons for not using injection pens are needlestick anxiety and injury from injection pen needles. As a result, a variety of needle-free devices are available, with the added benefit of not causing needle anxiety, which is a barrier to the adoption of injection pens.

Furthermore, insulin injection pen therapy has been linked to hyperglycemia in some patients due to the inability to control the dose, which is causing people all over the world to reconsider, negatively impacting injection pen adoption trends.

On account of the aforementioned factors, the injection pen market is predicted to garner a revue of US$ 53 Bn by 2026.

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Key Takeaways:

  • The disposable injection pens segment by type is expected to grow at the fastest CAGR during the forecast period, owing to reimbursement for disposable pens, which have benefits such as the availability of portable pen injectors combined with low infection risk.
  • Diabetes is expected to dominate the market by therapy due to the world’s large diabetic population and favourable reimbursement policies for diabetes treatments in developed economies.
  • The home care segment is expected to lead the market in terms of end-use due to rising demand for self-administration drug delivery devices such as self-injecting insulin pens and the rising prevalence of chronic diseases.
  • Retail pharmacies are anticipated to be at the forefront of the global injection pen market by distribution channel as they are a prominent chain of pharmacies around the world and enable proper distribution, thereby providing patients with better access.
  • The Asia Pacific market is expected to proliferate, and the same can be credited to the development of infrastructure and accurate dosage delivery coupled with low injection pens price.

“North America is forecasted to dominate the market, owing to an increase in the number of diabetic patients and the use of injection pens in-home care settings. Furthermore, the region is likely to elicit vital emerging trends in the injection pen market, and the presence of key players offering various pen injection devices used for autoimmune growth hormone is expected to fuel the region’s market during the forecast period.” avers an FMI researcher.

Comparative View of Adjacent Injection Pen Market

Attributes Injection Pen Market Lateral Flow Assays Market Patient Monitoring Devices Market
CAGR (2022 – 2032) 7%   2%   9%  
Market Value (2026) US$ 53 Bn US$ 12.5 Bn US$ 60 Bn
Growth Factor Favorable reimbursement to boost market growth. Proclivity towards point-of-care testing to improve sales potential. Rising number of clinical trials to increase adoption.
Opportunity Europe to hold abundant opportunities. Improving the accuracy of lateral flow assays to offer opportunities. Asia Pacific to witness a surge in opportunities, owing to less-stringent laws.
Key Trends Product launches and expansion to rule the market trends. Improvements in R&D capabilities to improve brand recognition. Use of wireless devices will be a key trend for patient care.

Competitive Landscape:

Eli Lilly and Company, Mylan N.V., Sanofi, AstraZeneca, Owen Mumford Ltd., Novo Nordisk, Sandoz Inc., and GlaxoSmithKline plc are some of the prominent players in the injection pen market.

Companies in the injection pen market are focusing on increasing their injection pen market share through global collaborations, thereby influencing the injection pen market’s future trends.

Legions of companies are using mergers and acquisitions as key strategic moves to expand and strengthen their global presence.

Aside from that, product launches have remained an important approach for players.

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Recent Developments in the Injection Pen Market are:

  • Becton, Dickinson and Company, a leading global medical technology company, has received 510(k) clearance from the U.S. Food and Drug Administration for its second-generation B.D. Nano pen needle, which is designed for more consistent subcutaneous injection depth.
  • AbbVie GK has announced the release of the HUMIRA auto-injector device. HUMIRA is an anti-TNF-monoclonal antibody formulation that is entirely human.

About Future Market Insights (FMI) 

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.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Molecular Quality Controls Market | Infectious Disease Diagnostics is expected to drive growth in the coming years

According to the market research report by Future Market Insights, the global Molecular Quality Controls Market is estimated to increase at a CAGR of 6.7%, from US$ 164 million in 2021 to US$ 226 million by 2026.

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Attributes Details
Molecular Quality Controls Market CAGR (2022 – 2032)  7%
 Molecular Quality Controls Market (2026) US$ 226 Mn
 Molecular Quality Controls Market Attraction Asia Pacific to hold attractiveness

Rising third-party quality control adoption, a growing number of accredited clinical laboratories, rising demand for external quality assessment support, rising government funding to support genomics projects, rising demand for personalised medicines, declining sequencing costs, and rising prevalence of infectious diseases, cancer, and genetic diseases are all propelling the molecular quality controls market forward.

The COVID-19 pandemic harmed the sales of molecular quality controls. As governments relax their restrictions on migration, the number of people who are tested is increasing.

With the COVID-19 pandemic, dealing with infectious diseases has become a major medical concern worldwide. The demand for more precise and simple testing methods, as well as the expansion of testing structures, is increasing. Companies have also made strategic decisions to deploy COVID-19 quick testing, maintain revenue, and reduce the impact of COVID-19 on their operational capabilities.

The number of laboratory tests performed has increased as the global burden of various diseases has increased. To meet this demand, the number of laboratories in both the public and private sectors is increasing.

Setting up a quality control process in a clinical laboratory requires a significant financial investment. Laboratories also require specialised personnel to oversee the quality control system.

QC procedures incur the same costs regardless of the number of tests completed. As a result, the cost of implementing quality control processes in clinical laboratories that perform a small number of diagnostic tests is prohibitively expensive. This, combined with funding constraints in many hospitals and laboratories in both developed and emerging economies, is expected to reduce the use of quality-control techniques.

As a result of technological advancements, new multi-analyte and multi-instrument controls have been developed. Many instrument-specific controls are combined into a single control in these cutting-edge controls, allowing clinical laboratories to save money. Furthermore, by eliminating the need for separate QC processes for each analyte, these controls save time.

In the next years, the increased availability of such molecular quality controls for infectious disease diagnostics and other applications is likely to drive market expansion.

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Key Takeaways:

  • The Asia Pacific molecular quality controls market is expected to reach US$ 72.07 million in 2028 from US$ 34.27 million in 2021; it is estimated to grow at a CAGR of 11.2%.
  • The European molecular quality controls market is expected to reach US$ 109.59 million by 2028 from US$ 55.76 million in 2021; it is estimated to grow at a CAGR of 10.1%.
  • The growing implementation of genomic sequencing in healthcare systems is supported by substantial government investments, totaling over US$ 4 billion by at least 14 countries.

Key Segments
  By Analyte:

  • Single-analyte Controls
  • Multi-analyte Controls

  By Product Type:

  • Independent controls
  • Instrument-specific controls

  By Application:

  • Infectious Diseases Diagnostics
  • Oncology Testing and Genetic testing

  By End User:

  • Diagnostic laboratories
  • Hospitals
  • IVD manufacturer & CROs
  • Academic & Research Institutes

 

About Future Market Insights (FMI) 

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.

Contact:

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Smart Wheelchair Market | Medical Depot Inc., Permobil AB, Pride Mobility Products Ltd., MEYRA GmbH | By 2032

The worldwide Smart Wheelchair Market was esteemed at a rough worth of US$ 150.8 Mn in 2021 and would extend at a CAGR of 7.8% over the figure period (2022-2032). As per the review directed by Future Market Insights, side-effect portion joystick based smart wheelchairs rule the market with a portion of 85.0%, in the worldwide market in 2021.

The smart wheelchair market is subject to changes owing to the factors influencing the market such as the increasing prevalence of neurological disorders, rising awareness and demand for automated medical devices, increasing burden of the geriatric population globally, and the growing levels of disposable income of the target population.

According to the latest study conducted by Future Market Insights, the smart wheelchair market will be projected to be valued at US$ 162.6 Mn by the end of 2022 and is expected to exhibit a CAGR growth of 7.8% over the forecast period (2022-2032)

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Although the independent movement is crucial, some wheelchair users find it difficult or impossible to operate conventional manual or motorised wheelchairs. Multiple overlapping physical, cognitive, or perceptual symptoms of diseases such as cerebral palsy, amyotrophic lateral sclerosis, cerebrovascular accident, multiple sclerosis, and spinal cord injury can make it difficult to use a wheelchair safely and independently. Varied forms of assistance from a smart wheelchair and different wheelchair form elements can benefit people with various symptom combinations.

The COVID-19 pandemic had unprecedented effects on the world’s economy, along with sending the healthcare sector into a hyper drive. COVID-19 pandemic negatively influenced the smart wheelchair market during the peak of the pandemic in 2020, due to the shortage of supply of raw materials and other supply chain crises. However, the partial normalization of the world in 2021 opened up a foray of growth opportunities for the key players in this industry.

There are services in hospital settings where external consultations, tests, analyses, and procedures are conducted involving patient displacement. This is particularly important for those with balance and mobility issues caused by disability, pain, fractures, or abnormalities in the lower limbs. Patients are currently transported to hospitals by patient transporters. It could often be done in a wheelchair, which would be more beneficial, owing to its autonomy. As a result, delays and failures owing to a shortage of staff to carry out the transfer would be avoided.

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Technological advancements are also shaping the growth of the smart wheelchairs industry for over a decade.

  • For instance, In November 2021, Sunrise Medical LLC. announced the launch of its new ZIPPIE® Sphynx™ an on the go, compact, easily transportable wheelchair that can fit within a compact car’s trunk according to the clients’ needs. The market is consolidated with a few key players dominating the industry.

Rising sedentary lifestyle, increasing popularity of ultra-lightweight smart wheelchairs, and increased focus on R&D for smart wheelchairs are some of the key trends of this market. The overall improved technology adoption globally will fuel the demand for smart wheelchairs and the market is likely to expand exponentially over the forecast period. (2022-2032)

Key Takeaways from this study:

  • The joystick based smart wheelchairs hold the highest market share of about 85.0% during the year 2021, expanding at a CAGR of 7.6% during the forecast period.
  • Mobility impairment by usage accounts for the largest market value share of more than 40% and is set to expand at a CAGR of 7.2%.
  • The healthcare settings as the end users hold a market share of 48.0% in 2021 with an expected CAGR growth of 6.8% during the forecasted years.
  • North America is a leading region for the global smart wheelchairs market during the year 2021, accounting for a market share of 37.0%.

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“Growing patient awareness regarding smart wheelchairs would fuel the growth of this market globally” says an analyst of Future Market Insights.

Key Market Segments Covered in the Smart Wheelchair Industry Research

By Product:

  • Joystick based Smart Wheelchairs
  • Bluetooth Connected Smart Wheelchairs

By Patient:

  • Mobility Impairment
  • Ocular Disability
  • Geriatric Group
  • Multiple-Disability
  • Others

By End-User:

  • Healthcare Settings
  • Home Care Settings
  • Public Access

By Region:

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

Market Competition:

Acquisitions and expansion of existing facilities are some of the strategies adopted by leading manufacturers of the smart wheelchair industry such as Sunrise Medical and Permobil, to further their business and establish a stronger market presence.

  • In August 2020, Sunrise Medical announced the completion of a strategic acquisition of paediatric industry leaders, Leckey and Firefly, in order to extend its paediatric product and service portfolio.
  • In March 2022, Permobil, a leading player in the wheelchairs industry, announced an investment to expand their R&D and operations facility in Tennessee in order to expand their business.

What does the report cover?

Future Market Insights offers a unique perspective and actionable insights on the smart wheelchairs market in its latest study, presenting a demand assessment of 2017 – 2021 and projections for 2022 – 2032.

The research is based on product-(joystick based smart wheelchairs and Bluetooth connected smart wheelchairs), usage-(mobility impairment, ocular disability, geriatric group, multiple disability and others), and end-user (healthcare settings, home care settings and public access), and across seven key regions of the world.

Competitive Landscape

Key players in the smart wheelchair industry are focusing on acquisitions to strengthen their market presence and expand into the global market. Keeping their sustainable development goals in mind, the companies also promote new product launches with the incorporation of an array of patient requirements.

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About Future Market Insights (FMI)

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.

Contact:

Future Market Insights, Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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Drug Free Depression Treatment Market | Cleveland Clinic, Fortis Healthcare, Mayo Clinic, Assurex Health, Inc. | By 2032

During the projected period between 2022 and 2032, it is expected that demand for Drug Free Depression Treatment Market will grow at a moderate CAGR of between 2% and 4%. Growth is ascribed to the little or nonexistent negative effects of drug-free depression treatments, which are becoming more and more popular worldwide.

During the projected period between 2022 and 2032, the demand for drug-free depression treatments is expected to grow at a moderate CAGR of about 2 percent to 4 percent. Growth is ascribed to the little or nonexistent negative effects of drug-free depression treatments, which are becoming more and more popular worldwide.

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Depression is a common mental health problem among the majority of people living in the urban area. During the depression, people feel empty from inside and have less motivation toward life. Several options are available for the depression treatment, but drugs are commonly prescribed options by the medical profession for the treatment of depression. While the treatment of depression using drugs has several side effects. Therefore alternative drug free depression treatment options come in the frame. The most common method for drug free depression treatment are cognitive behavioral therapy and transcranial magnetic stimulation.

More option available for drug free depression treatment are herbal remedies, acupuncture, reflexography, guided imagery and relaxation. Along with this drug free depression treatment, yoga exercise and massages are preferred by the experts.

Drug Free Depression Treatment Market: Drivers and Restraints

The change in the lifestyle of people which has upsurge the number of cases of depression is the primary factor driving the growth of the drug free depression treatment. Also, the severe side-effects of consumption of antidepressant as drug treatment will boost the demand for drug free depression treatment market.

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Moreover, the rising awareness campaign by Anxiety and Depression Association of America about the drug free depression treatment will propel the growth of drug free depression treatment market. People are not aware of the alternative option for treatment of depression which may deter the growth of drug free depression treatment market. Also, drug free depression treatment is more costly than drug treatment which can also hinder the growth of drug free depression treatment market.

Drug Free Depression Treatment Market: Overview

The drug free depression treatment market is expected to gain the ultimate traction over the forecast period due to the rising number of people suffering from depression. According to the World Health Organization, Depression is the common mental disorder and it affects more than 300 million people of all ages around the globe.

Cognitive behavioral therapy and transcranial magnetic stimulation are the most widely used drug free depression treatment, hence this segment collectively gains the majority of the revenue share of global drug free depression treatment market. By therapy type, reflexography and guided imagery are the emerging segments for the global drug free depression treatment market. Among all end user, hospitals is the leading segment for global drug free depression treatment market which is then followed by specialized clinics.

Drug Free Depression Treatment Market: Regional Overview

North America is the most lucrative market for Drug Free Depression Treatment due to high adoption of Drug Free Depression Treatment among the people in the U.S. and Canada. Europe is the second most lucrative region for the Drug Free Depression Treatment market due to the availability of favorable reimbursement scenario in the majority of European countries. Asia-Pacific is the fastest growing region for Drug Free Depression Treatment market owing to the rising adoption of herbal medicine in counties like in India, China, and Japan. Latin America and the Middle East Africa region are the least lucrative for Drug Free Depression Treatment market due to lack of awareness about the alternative treatment options.

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Drug Free Depression Treatment Market: Key Players

Some of the key players found across the value chain of Drug Free Depression Treatment are Cleveland Clinic, Fortis Healthcare, Mayo Clinic, Assurex Health, Inc., Great Oaks Recovery Center, McLean Hospital. and others

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 geographies, application, and industry.

Regional analysis for Drug Free Depression Treatment Market includes:

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

The report on Drug Free Depression Treatment Market 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 on Drug Free Depression Treatment Market provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report on Drug Free Depression Treatment Market also maps the qualitative impact of various market factors on market segments and geographies.

Drug Free Depression Treatment Market: Segmentation

The global Drug Free Depression Treatment market is classified on the basis of treatment type, end user, and region.

Based on treatment type Drug Free Depression Treatment market is segmented into following:

  • Cognitive Behavioral Therapy
  • Transcranial Magnetic Stimulation
  • Herbal Remedies
  • Acupuncture
  • Reflexography
  • Guided Imagery
  • Others

Based on facility type Drug Free Depression Treatment market is segmented into following:

  • Hospitals
  • Specialized Clinics
  • Rehabilitation Centers

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Oncology Blood Testing Market

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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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U.S. Animal Model Market is projected to increase at a high CAGR of 4.1 % (2022-2032)

As per Future Market Insights’ latest industry analysis, the U.S. animal model market was valued at over US$ 921.9 Mn in 2021 and is anticipated to exhibit a CAGR of close to 4.1% over the forecast period (2022-2032).

Animal models are predominantly used to gather information regarding the disease and its prevention, diagnosis, and treatment. They are being used to resolve a wide range of scientific concerns, ranging from basic science to the discovery and evaluation of new vaccines and therapies. Animals are used because of the similarities in biology across most mammals.

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Personalized medicine is also known as precision medicine which utilizes data about a specific patient or an individual’s genes to plan treatment for a disease. Animal models can play important role in the development of new approaches for personalized medicine. Increasing adoption of personalized medicine will drive sales of animal model in the forthcoming years.

Toxicity testing in animals is done to discover potential side effects from an agent’s exposure and to generate dose-response relationships. Animal testing is important for the early detection of the potential risk to humans or as models to study the causes, pathogenesis, progression, and treatment of diseases.

Organizations and legislations such as the Federal Food, Drug, and Cosmetic Act (FFDCA), Environmental Protection Agency (EPA), Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA), and Organization for Economic Co-operation and Development (OECD) determine the testing guidelines for toxicity testing on animals.

Some factors such as the high production volume of chemicals testing in the U.S., increasing generation and utilization of novel GM animal strains in toxicity studies, and the development and attempted validation of several animal tests to screen chemicals for endocrine (hormone)-disrupting activity are expected to drive the growth in the market.

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Key Takeaways:

  • Based on species, the mice model segment is expected to hold nearly 62.6% of the total market share 2022, with sales growing at a 5.1% CAGR.
  • In terms of therapeutics, the oncology accounted for more than 32.0% of the total market share in 2021, and the trend is expected to continue over the forecast period.
  • By application, sales in the drug discovery/development segment commanded 65.4% of the total market share in 2021.
  • Based on end user, the academic & research institutes segment accounted 36.6% of the total market share in 2021.

Key Players:

  • Charles River Laboratories
  • The Jackson Laboratory
  • Taconic Biosciences, Inc.
  • Genoway
  • Envigo (Inotiv, Inc.)
  • Marshall BioResources
  • Janvier Labs
  • Applied stem cells
  • Biocytogen
  • Transposagen Biopharmaceuticals, Inc. (Hera Bio Labs)
  • Cyagen
  • Ingenious targeting labs
  • Crown Bioscience Inc. (JSR Corporation).
  • Harbour Biomed
  • Sinclair Bio Resources
  • Alpha Genesis Inc.
  • Creative Animodel
  • DaVinci Biomedical Research Products, Inc

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Market Competition

Key players operating in the U.S. animal model market are expanding their business through partnerships and acquisitions with other companies to improve their global footprint. Following are a few examples of acquisitions:

  • In October 2021, The Jackson Laboratory completed the acquisition of Charles River Laboratories Japan’s Research Models & Services (RMS), which allows advancement in the company’s scientific improvements in basic research and drug discovery.
  • In November 2021, Inotiv, Inc., which is a leading contract research organization (CRO) completed its acquisition of Envigo RMS Holding Corp. to expand its R&D sector.
  • In February 2021, Biocytogen completed the acquisition of a third Beacon Optofluidic system. This acquisition expanded Biocytogen’s service platform in the Boston area.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the animal model market in its latest study, presenting a historical demand assessment of 2017–2021 and projections for 2022– 2032.

The research study is based on the species – (rats, mice, pigs, rabbits, monkeys, dogs, cats, other species), therapeutics- (metabolic diseases, cardiovascular diseases, neurological diseases, and oncology), application (drug discovery/development and basic & applied research) end-user (academic & research institutes, pharmaceutical companies, biotechnology companies, and CROs) and across seven key regions of the world.

Future Market Insights’ Expertise in Life Sciences and Transformational Health

Our expert team of industry analysts comprising management graduates, medical professionals, engineers, and project managers provides insights on emerging therapy areas, diagnostic tools, medical devices and components, reimbursement and market access, biotechnology, and life science research products and services to equip decision-makers with sound inputs and strategic recommendations.
About FMI:

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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Dental Sealants Market is set to increase at a 4.7% CAGR in terms of volume, reaching US$ 680.0 Mn in 2022

Dental Sealants Market Analysis and Segment Forecasts To 2022, provides an in-depth analysis of the global dental sealants market with segmentation based on  Product, End User & Region.

NEWARK, Del., April 29, 2022 /PRNewswire/ — As per Future Market Insights’ latest revised industry analysis, the global dental sealants market is projected to reach a valuation of US$ 680 Million in 2022, likely to surge at a vigorous 4.7% CAGR between 2022 – 2032.

Demand in the market is slated to surge on the back of rising awareness and necessity for oral hygiene and dental care. In addition to this, high prevalence of lifestyle-associated dental disorders is underpinning the need for technologically advanced dental equipment, which is expected to boost the market

Dental sealants are thin plastic coatings that are applied to the chewing (occlusal) surfaces of permanent teeth (molars and premolars) to prevent decay. Molar and premolar teeth have grooves or “fissures” on their chewing surfaces decay with time. These cracks can be deep, difficult to clean, and even smaller than a single toothbrush bristle. Dental sealants give added protection to grooved and pitted areas by covering the fissured area with a smooth surface.

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Rising disposable income in developing economies is fueling the preference for aesthetical and cosmetic dentistry. With the trend of beauty and wellness building interest among the general population, advancements in dental adhesives and sealants are gaining traction to secure patient or customer satisfaction.

Moreover, high prevalence of common oral diseases such as dental caries of permanent teeth is propelling sales in the market. With unhealthy lifestyles and dietary habits, the prevalence is expected to increase in the forthcoming years. High sugar intake, caffeine and smoking are the major causes of tooth decay and caries.

Rising government initiatives and investments in providing oral healthcare and awareness are anticipated to fuel sales in the market. The presence of favorable healthcare reimbursement policies in various countries will augment the growth in the market over the forecast period.

“Increasing preference for dental cosmetic procedures, along with technological advancements in materials used in dental procedures will create opportunities for growth in the forthcoming years,” says an FMI analyst.

Leading Companies Profiled in Dental Sealants Market are:

  • 3M
  • Dentsply Sirona
  • PULPDENT Corporation
  • SHOFU Dental GmbH
  • Den-Mat Holdings, LLC
  • Centrix, Inc
  • GC America Inc.
  • Henkel AG & Co. KGaA
  • Dux Industries, Inc.
  • Johnson Services, Inc.
  • Procter & Gamble
  • GlaxoSmithKline plc.

Key Takeaways:

  • By product, the glass ionomer segment is forecast to account for 56.6% of the total market share by 2032, with sales growing at a 3.9% CAGR.
  • In terms of end user, sales in the hospitals held 44.4% of the total market share in 2021, and the trend is expected to continue over the forecast period.
  • Germany will emerge as a lucrative pocket in the Europe dental sealants market, with demand growing at a 4.5% CAGR through 2032.
  • China is expected to account for a lion’s share of the East Asia dental sealants market, with sales projected to increase at a 8.7% CAGR.
  • The U.S. will dominate the North America dental sealants market. Total sales in the North America market will account for 30.4% of the total market share.

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Competition Landscape

Key players operating in the dental sealants market are investing in product portfolio expansion to gain a competitive edge in the market. Leading players are also investing in acquisitions and partnerships to expand their global footprint. For instance:

  • In December 2021, Nobel Biocare announced the U.S. FDA clearance of the company’s N1™ implant system. This implant system signifies a noteworthy step in advancing toward patient-centric implant solutions.
  • In February 2022, GSK announced its independent consumer healthcare company to be called Haleon.

Key Market Segments Covered In Dental Sealants Industry Research

By Product:

  • Glass Ionomer
  • Polyacid Modified Resin

By End-User:

  • Hospitals
  • Dental Clinics
  • Ambulatory Surgical Centers

By Region:

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

About FMI:

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 8-years.

Contact Us:
Future Market Insights,
Unit No: 1602-006, Jumeirah Bay 2, Plot No: JLT-PH2-X2A,
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Over-The-Counter (OTC) Veterinary Drugs Market projected to expand at a CAGR of 8.1% 2022-2032

Global Over-The-Counter (OTC) Veterinary Drugs market is expected to grow at a decent rate owing it to the increase in number of manufacturers for Over-The-Counter (OTC) veterinary drugs, worldwide. There are variety of drugs available in the market as Over-The-Counter (OTC) veterinary drugs for the safe use in animals. These drugs are available in various forms, topical drugs are available as gels, oils, creams, and sprays for various applications. Antibiotics and non-steroidal anti-inflammatory drugs are very common Over-The-Counter (OTC) veterinary drugs in the market. The drugs are available for various medical conditions related with the skin, eyes, and allergic reactions to the animals.

The Over-The-Counter (OTC) veterinary drugs market is well equipped with the retail pharmacies by the end user segment. Injectable drug involve vaccines, which are majorly used by the companion animals for their safety and improving their well-being. The Over-The-Counter (OTC) veterinary drugs market is expected to propel during the forecast period with the growing awareness on the safety and prevention of diseases among companion animals.

Over-The-Counter (OTC) Veterinary Drugs, also termed as non-prescription drugs are drugs that are available without any prescription. These drugs are effective and safe when all the directions on the label or directed by the healthcare professional are followed. The FDA in the U.S. considers when a specific drug is effective and safe enough to be sold over-the-counter. Over-the-counter (OTC) veterinary drugs usage is attributable to the savings on cost incurred on clinical visit and on the drug cost. There are limited veterinary drugs that are approved and available to veterinarians.

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The veterinarians often depend on the use of different sources and types of drugs to treat their patients. Over-The-Counter (OTC) veterinary drugs are checked on the assurance of the product effectiveness, safety, and manufacturing to stringent standards for purity, quality, and potency. The FDA Centre for Veterinary Medicine (CVM) is responsible for the manufacturing and distribution of veterinary food additives and drugs. Over-The-Counter (OTC) veterinary drugs are regulated under The Federal Food, Cosmetic, and Drug ACT, which regulated statutory provisions that govern all the key regulations of Over-The-Counter (OTC) veterinary drugs. The Act formulate drugs as, “articles for use in the cure, diagnosis, treatment, mitigation, or prevention of diseases in animals or man”.

Over-The-Counter (OTC) Veterinary Drugs Market: Drivers and Restraints-

Over-The-Counter (OTC) Veterinary Drugs are poised to witness a significant growth owing it to the paradigm shift from Rx to OTC by major pharmaceutical manufacturers. Increasing tendency of people towards the health of their companion animals in developed regions, majorly, and immense cost savings with Over-The-Counter (OTC) veterinary drugs pose various advantages, further boosting demand for Over-The-Counter (OTC) veterinary drugs.

However, several serious issues with OTC drugs pertaining to inappropriate substance abuse vehemently and diagnosis of the animal might obstruct market growth for Over-The-Counter (OTC) veterinary drugs during the forecast timeframe. This has also resulted in withdrawal of various Over-The-Counter (OTC) veterinary drugs used for therapy from the market over the years. Stringent regulations regarding Over-The-Counter (OTC) veterinary drugs and substance abuse related issues might also hinder market growth for Over-The-Counter (OTC) veterinary drugs during the forecast period.

Over-The-Counter (OTC) Veterinary Drugs Market: Region-wise Outlook

Over-The-Counter (OTC) veterinary drugs market is immensely concentrated in major developed economies like the U.S., Japan, and China. The United States is expected to witness a moderate growth due to market saturation in a few product categories. Technological advancements is however, expected to boost market growth for Over-The-Counter (OTC) veterinary drugs worldwide.

Increase in consumer appetite for Over-The-Counter (OTC) veterinary drugs for their companion animals, and growing need of curbing the veterinary-related healthcare costs is expected to fuel the market growth for Over-The-Counter (OTC) veterinary drugs in the Europe region. Increase in efforts for Over-The-Counter (OTC) veterinary drugs licensing for treatment of various diseases in animals is also expected to boost the market growth for Over-The-Counter (OTC) veterinary drugs during the forecast period. However, traditional medications for veterinary disease treatment might slow down the market growth for Over-The-Counter (OTC) veterinary drugs in the Asia-Pacific and MEA region.

Over-The-Counter (OTC) Veterinary Drugs Market: Key Market Participants

Some of the market participants in the Global Over-The-Counter (OTC) Veterinary Drugs market identified across the value chain include: Merck & Co., Inc., Zoetis, Inc., Eli Lilly and Company, Virbac, Bayer AG, Sanofi, Vetoquinol S.A., Boehringer Ingelheim International GmbH, and Dechra Pharmaceuticals PLC.

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 geographies, application, and industry.

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The report covers exhaust analysis on:

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

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 (India, ASEAN, Australia & New Zealand)
  • China
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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.

Over-The-Counter (OTC) Veterinary Drugs Market: Segmentation

On the basis of Drug Class, Over-The-Counter (OTC) Veterinary Drugs Market can be segmented as:

  • H2 Receptor Antagonists
  • Non-steroidal Anti-inflammatory Drug
  • Artificial Tears and Ocular Lubricants
  • Antihistamine
  • Antibacterial
  • Glucocorticosteroid
  • Antidiarrheal Agents
  • Nutraceuticals
  • Others

On the basis of Form, Over-The-Counter (OTC) Veterinary Drugs Market can be segmented as:

  • Topical
  • Oral
  • Injectable

On the basis of Distribution Channel, Over-The-Counter (OTC) Veterinary Drugs Market can be segmented as:

  • Retail Pharmacies
  • Mail-order Pharmacies
  • Hypermarkets & Supermarkets

On the basis of geography, Over-The-Counter (OTC) Veterinary Drugs Market can be segmented as:

  • North- America
  • Eastern Europe
  • Western Europe
  • Asia-Pacific excluding China & Japan
  • China
  • Japan
  • Middle East and Africa
  • Latin America

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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

About FMI:

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 8-years.

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Connected Drug Delivery Devices Market is estimated to reach US$ 1.6 Billion by 2028

[228 Pages Report] According to the analyst of Future Market Insights (FMI), the leading manufacturers of connected drug delivery devices are focusing collaboration with the software companies to assess the cloud data system in their devices.

The market for connected drug delivery devices is foreseen to witness a stellar growth rate of 25.6% from 2013 to 2028 rising to a valuation of US$ 1,304.7 Mn from US$ 132.2 Mn in 2022.

Moreover, it helps the manufacturer to launch the product more conveniently and to enhance their distribution channel. Manufacturers of inhalers to treat asthma and chronic lung disease are racing to develop a new generation of smart devices with sensors to monitor if patients are using their puffers properly.

The companies operating in the global connected drug delivery devices market are OPKO Health Inc., Bayer AG, 3M Company, West Pharmaceutical Services, Inc., and Teva Pharmaceutical Industries Ltd., among others.

Rapidly evolving technologies, for instance, cloud-based computing models, are enabling the healthcare industry towards a transition to a new architecture.

Cloud technology along with advances in mobility and telepresence solutions is expected to create new unwired business models capable of providing healthcare anywhere.

The use of cloud technology will increase, aided by the proliferation of mobile health applications to collect and send vital signs from wireless and wired remote patient and personal health monitoring devices. Cloud-based platforms and new IT service models will fundamentally change the healthcare business equations and create opportunities for new players to enter the industry.

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Growing Demand for Injectable Drug Delivery to Aid Market Growth

The rising preference for injectable drug delivery is anticipated to drive the market for sterile drugs globally. Self-administration of drugs through usage of pre-filled syringes is one of the ways that can help patients to save the fees given to a caregiver. There is an increased demand for large molecule drugs in pre-filled syringes as compared to small molecule drugs in pre-filled syringes

Following this opportunity, the manufacturers are expected to cash in on profits through introduction of smart injectable drug delivery mediums among their portfolio. The progress is expected to be more prominent in the allergic reactions (Anaphylaxis) indication segment. Further, an upsurge in the number of large molecule drugs that need to be manufactured in injectable format is expected to fuel the growth of the market. Likewise, data generated by bioavailability studies is proving to present a definitive relation between pharmacodynamics and pharmacokinetics for such sterile drugs, which is also expected to offer support to the growth of the market.

Mobile applications are also being used for the treatment of patients suffering from Alzheimer, Diabetes, COPD or Asthma. Mobile applications with the use of GPS help to track the patient location. If the patient is travelling away from the home, the caretaker can track the exact location of the patient and also track the consumption of dosage by using mobile application. Most of these applications have been developed for the cloud. Placing the wireless solution on a cloud storage system helps with connectivity issues and makes it easier to communicate across different information regimes.

Limited Knowledge and Adoption Rate among Patients to Hinder Growth Rate

The deployment of connected drug delivery devices is not yet widely promoted within the public health system. This is attributed to the high cost of the product, limited reimbursement, and dearth of awareness among the patients regarding the technology. Moreover, complexity and limited availability of the device further reduces penetration. For instance, interpretation of insulin delivery trend for analysis, is considered to be useful however, because of the complicated user interface, the patients cannot interpret them smoothly. As per the current scenario, such obstacles might directly have an adverse effect on the overall growth of the connected drug delivery devices market.

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Key Segments of Connected Drug Delivery Devices Industry Survey Connected Drug Delivery Devices Market by Product Type:

  • Inhalation Devices
  • Injectable Devices
    • Handheld Injectable Devices
    • Wearable Injectable Devices

Connected Drug Delivery Devices Market by End User:

  • Hospitals
  • Clinics
  • Home Care

Connected Drug Delivery Devices Market by Application:

  • Anaphylaxis
  • Cardiovascular
  • Diabetes
  • Hormone Replacement
  • Others

Connected Drug Delivery Devices Market by Technology:

  • Bluetooth Drug Delivery Devices
  • Near Field Communication Drug Delivery Devices

Connected Drug Delivery Devices Market by Region:

  • North America Connected Drug Delivery Devices Market
  • Latin America Connected Drug Delivery Devices Market
  • Europe Connected Drug Delivery Devices Market
  • East Asia Connected Drug Delivery Devices Market
  • South Asia & Pacific Connected Drug Delivery Devices Market
  • Middle East & Africa (MEA) Connected Drug Delivery Devices Market

About FMI:

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.

Contact Us:
Future Market Insights,
Unit No: 1602-006,
Jumeirah Bay 2,
Plot No: JLT-PH2-X2A,
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Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
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