Metagenomics Market Demand: Strong Pipeline to Rapidly Surge Growth

According to a recent Future Market Insights report, widespread use of Metagenomics Market in environmental monitoring and pollution reduction projects is expected to drive Metagenomics Market Growth. Recent technological advancements are assisting in the substantial reduction of sequencing costs, paving the way for the development of genetic sequencing on a large scale. This has created new opportunities for large-scale use of metagenomic for monitoring environmental microbe communities. Furthermore, the efficacy of metagenomic in dealing with environmental toxicology is contributing to their growing popularity.

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A recent development, for example, saw the use of metagenomics in predicting the extent and presence of contamination in the environment, while another study outlined how metagenomics can be used to attenuate pollutants in the environment using unculturable microbes found in the natural environment. The use of metagenomics to understand the influence biostimulation can have on microbial communities is also under progress.

Growing environmental concerns are prompting governments all over the world to invest in research to improve the efficiency and scale of bioremediation. Furthermore, bioremediation is gaining popularity due to its low-cost and environmentally friendly chemical treatment. As metagenomics is vital to the success of bioremediation, the market is estimated to grow as the alternative chemical treatment process gains popularity.

Clinical Diagnostics to Emerge as a Vital Revenue Pocket

Clinical diagnostics and bioremediation are expected to be the most profitable segments in the near future. The term metagenomic diagnostics is gradually gaining traction as studies seek to broaden the scope of metagenomics’ application in the healthcare industry. Several studies, for example, have alluded to the development of a new diagnostic procedure known as “shotgun metagenomics,” which uses DNA sequencing to identify different pathogens and aid in the development of effective targeted treatment by predicting their resistance to various medications. Metagenomic diagnostics is a promising prospect that could aid in the prediction and management of a wide range of diseases. Furthermore, metagenomics has the potential to uncover hidden genetic features that could be critical in the advancement of a variety of biotechnological applications, such as the discovery of novel enzymes, bioactive molecules, and genes with significantly improved or entirely new biochemical functions.

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Metagenomics Market Growth Underpinned by its Potential Application in Antibiotics Production

Metagenomics analyses the taxonomic composition of microbe communities in great detail. It provides accurate information about the gene characteristics unique to a given community. The information provided by metagenomic can be effectively used to produce a variety of antibiotics. Scientists at UC Berkley recently conducted research in this area, concluding that leveraging metagenomics for bioprospecting soil can aid in the development of a plethora of antibiotics. The study used metagenomics to identify the genes that produce antibiotics and antifungals to combat disease in microorganisms, and it was concluded that the same chemicals could potentially aid in the treatment of bacterial and fungal infections in humans.

Library Preparation Kits find Growing Consumer Base as Gene Sequencing Gains Centerstage

Because of their ability to provide a massive set of valuable data about gene sequences in a short period of time, DNA and RNA sequencing practises are gradually gaining traction. The data generated by gene sequencing is then analysed by clinicians, scientists, and researchers, who then apply the knowledge gained in industries such as agriculture, forensics, diagnostics, pharmaceuticals, and others. Library preparation kits allow for the efficient and rapid extraction of gene segments, which are then analysed. Furthermore, technological advancements are assisting library kit manufacturers in providing improved products that reduce error and stress while improving accuracy. The FMI report opines the factors will prove vital in the growth of the segment which is estimated to contribute significantly to the metagenomics market growth.

Metagenomics Market Continues to Propel in North America, Upheld by Government Funding for Epigenetics R&D

According to the FMI study, the metagenomics market in North America will continue to proliferate and will remain at the forefront of global metagenomics market growth. The presence of advanced infrastructure, combined with ongoing government funding for research and development in the field of epigenetics, are critical factors expected to drive the region’s market growth. Furthermore, the presence of favourable regulations promoting research and development for improving healthcare quality in the region’s countries is expected to fuel market growth.

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Acute Migraine Treatment Market is projected to reach US$ 8.6 Bn by 2032 at a CAGR of 4.9%

The Acute Migraine Treatment Market is anticipated to reach a value of US$ 8.6 billion in 2032 and grow at a CAGR of 4.9% from 2022 to 2032. In 2022, it is projected to reach US$ 2.4 billion. The need for acute migraine treatment alternatives is expected to increase in the near future due to the increasing prevalence of migraine caused by the rapid adoption of unhealthy lifestyles.

Acute Migraine is episodic, unpredictable headache disorder which is characterized by recurrent attacks. Migraine is the third most prevalent disease worldwide. Acute migraine causes severe throbbing pain and pulsing sensation usually on one side of head. People with acuter migraine have headaches for 14 days a month. People with Acute migraine have fewer headache a month than the people with chronic one.

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Despite the vast number of migraine cases, only a small percentage of people go for the checkup. However, growing awareness and emergence of new therapies for the treatment of acuter migraine will significantly increase the market for acute migraine treatment in the near future. More than hundreds of clinical trials under going for the acute migraine treatment with more than twenty trial are in the phase 4 which will create huge opportunity for the acute migraine treatment market to rapidly grow in the forecast period.

Currently, there are limited number of pharmacological options available for the acute migraine treatment such as triptans, NSAIDs etc. Furthermore, development of new drug provide huge potential for the acute migraine treatment market to fuel in the forecast period.

Acute Migraine Treatment: Market Dynamics

Rising number of population, growing prevalence of migraine is expected to drive the market of acute migraine treatment is the forecast period. Increasing number of female population as the disease is more prevalent in the females further accelerate the growth of acute migraine treatment market. Growing healthcare expenditure, rising adoption of unhealthy lifestyle, growing awareness regarding the acute migraine and its treatment further spur the market of acute migraine treatment globally.

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However, stringent regulation for the drug approval, high cost of treatment, adverse side effect, lack of proper diagnosis and growing preference of alternative therapies are some of the factors which hinder the growth of acute migraine treatment market.

Acute Migraine Treatment: Overview

Emergence of new drug and therapies for the acute migraine treatment is expected to account for the significant growth of the acute migraine treatment in the forecast period. Development of new drugs such as CGRP antagonists provide huge potential for the acute migraine treatment market to grow. Development of new drugs by the key pharmaceutical players such as Amgen, Novartis, Eli Lily and Company and increasing research and development funding will create huge opportunity for the market to grow in the near future. For instance, in 2017, Eli Lilly and Company’s drug for acute migraine treatment succeeded in a key late-stage study, setting the stage for regulatory approval in U.S.

Acute Migraine Treatment: Region-wise Outlook

The North America is expected to contribute to a major share in the global acute migraine treatment, due to growing prevalence of acute migraine along with the increasing funding for the development of new drug with the presence of major pharmaceutical industries. According to Migraine Research Foundation, 39 million of US population suffer from migraine and 1 billion population worldwide. 18% of women, 6% of men, and 10% of children suffers from migraines. In 2015, the medical cost of treating migraine was more than $5.4 billion, although migraine patients spent over $41 billion on treating entire range of migraine.

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Europe accounts for the second largest market share and register significant growth in the global acute migraine treatment market, due to increasing demand of effective treatment for the acute migraine and adoption of new therapies along with the favorable reimbursement scenarios. Asia Pacific market is primarily driven by the factors such as increasing expenditure of healthcare systems, improvement in the healthcare infrastructure and growing awareness of disease. China is expected to register significant growth in the acute migraine treatment market, due to growing population, low cost of drug and treatment, availability of drugs for the acute migraine treatment. Latin America and Middle East & Africa are projected to show sluggish growth in acute migraine treatment market, due to lack of developed healthcare facilities.

Acute Migraine Treatment: Key Players

Some of the key players present in the global acute migraine treatment market are Amgen, Pfizer Inc., Hoffmann-La Roche Ltd, Eli Lily and Company, Novartis AG, Johnson and Johnson, Merck & Co., AstraZeneca and Teva Pharmaceutical among others.

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Coronary Artery Bypass Grafts Market | Medtronic, Sorin Group, Vitalitec, Novadaq Technologies Inc. | By 2032

The Coronary Artery Bypass Grafts Market was estimated to be worth USD 16.5 billion in 2020 and is anticipated to expand at a CAGR of 6.1 %from 2022 to 2032.

Coronary artery bypass grafting can be defined as open-heart surgery in which a section of a blood vessel is grafted from the aorta to the coronary artery to bypass the blocked section of the coronary artery and improve the Blood supply to the heart. Coronary artery bypass graft surgery is a procedure which is mainly used to treat coronary artery diseases in certain circumstances.

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Coronary artery disease is the narrowing of the coronary arteries, caused by a build-up of fatty material within the walls of the arteries. This build-up causes inside of the arteries to become contracted, restraining the supply of oxygen-rich blood to the heart muscle. While the traditional “open heart” procedure is still done and often preferred in many situations and less hostile techniques have been advanced to bypass blocked coronary arteries.

Traditional approaches involve making long surgical incisions down the inner thigh and/or calf. Research comparing traditional approaches with endoscopic methods shows that patients generally have less complication, reduced amount of leg pain, and shorter hospital stays with the endoscopic harvesting methods.

Coronary artery bypass graft is an option for selected groups of patients with significant narrowing and blockages of the heart arteries. The bypass graft for a CABG can be a vein from the leg or an inner chest-wall artery.

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According to WHO, 17.5 million people die each year due to cardiovascular disease, which is equal to 31% of all estimated deaths worldwide.

Coronary Artery Bypass Grafts Market: Driver and Restraints

Presently, bypass grafts global market is driven by rising prevalence of cardiovascular disorders, increasing geriatric population base coupled and growing need for repeat revascularization procedure.

There is increase rate of cardiovascular diseases, and aging population which helps to increase the demand of bypass grafts in the global market. Growing use of endoscopic vessel harvesting devices and anastomosis assist devices is also expected to drive the growth of coronary artery bypass graft market. However, growing healthcare budget, poor healthcare reimbursement and payment models, and consolidation of market leaders act as a major barrier for the growth of this market.

Coronary Artery Bypass Grafts Market: Market Segmentation

Coronary artery bypass grafts global market can be segmented into following types:
Saphenous vein grafts
Internal thoracic artery grafts
Other arterial grafts
Radial artery
Gastroepiploic artery

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Coronary Artery Bypass Grafts Market: Overview

With the rapid technological advancement in healthcare industry, rising prevalence of cardiovascular disorders, increasing geriatric population, and growing use of endoscopic vessel harvesting devices and anastomosis assist devices, the global coronary artery bypass market is expected to grow at a healthy CAGR in the forecasted period (2015-2025).

Coronary Artery Bypass Grafts Market: region-wise Outlook
Depending on geographic regions, coronary artery bypass grafts global market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.

North America held largest share in the global coronary artery bypass grafts devices market followed by Europe due to the availability of all the versions of minimally invasive coronary artery bypass grafts surgeries and is expected to hold the largest share during the forecast period. In Europe, this market is expected to gain volumes due to rising numbers of coronary diseases. In Asia- Pacific, due to the increase in medical tourism industry and growth in per capita income in Asian countries, the Asia-Pacific market is expected to flourish in the forecast period. China is expected to be the fastest growing market for these devices attributed to the growing access of public with healthcare professional and expanding economy.

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Coronary Artery Bypass Grafts Market: Key Players

Some of the key participating players in coronary artery bypass grafts global market are Medtronic, Sorin Group, MAQUET Holding B.V. & Co. KG., Terumo Cardiovascular Systems Corporation, Vitalitec, Novadaq Technologies Inc., KARL STORZ GmbH & Co. KG, Cigna, Kips Bay Medical, Inc., Ethicon US, LLC., Genesee Biomedical Inc. and others.

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Reagent Filling Systems Market | Nichrome Packaging Solutions, Pack O Flex, Innovating Packaging Machines, Cozzoli Machine Company | By 2032

The Reagent Filling Systems Market share is projected to reach a value of US$ 9.0 billion in 2022 and then develop at a CAGR of 7.3% to reach US$ 18.3 billion by 2032. The expansion of research and development operations is credited with growth. The market, which was valued at US$ 8.5 billion as of 2021, is predicted to rise by 6% year over year by the end of 2022.

The Global Reagent Filling Systems market study provides critical information related to the global, regional and top players including Reagent Filling Systems market share analysis, winning strategies, recent developments, and financial planning. Besides providing information regarding the key players in the Reagent Filling Systems market, the study also recalibrates, the impact of macroeconomic and microeconomic factors that has the potential to impact the growth of the Reagent Filling Systems market.

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Over the past decade, healthcare sector has been expanding remarkably, following the advent of artificial Intelligence and the Internet of Things integrated medical devices. Advancement in technology has created impressive scope within the medical sector for diagnostics and therapeutics.

The report firstly introduced Reagent Filling Systems basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and Reagent Filling Systems market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

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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.

Reagent Filling Systems Market: Segmentation

By Region

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

Detailed analysis on the geographical region and country wise insights are offered in the latest Reagent Filling Systems market report with established market players as well as incumbents in the region.

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The global Reagent Filling Systems market can be segmented as follows:

Segmentation by Product Type

  • Flow Meter Filling Machines
  • Piston Filler Machines
  • Gravity Filling Machines
  • Over Flow Filling Machines
  • Pump Filling Machines
  • Net Weight Filling Machines
  • Dry Product Filling Machines
  • Drum And Tote Filling Machines

Segmentation by End users

  • Research Laboratories
  • Pharmaceutical Industries
  • Others

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

Competitive Analysis

By Prominent Market Players

Nichrome Packaging Solutions, Pack O Flex, Innovating Packaging Machines, Cozzoli Machine Company, Romaco Group and others

With an extensive SWOT analysis, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of each player. The report also includes important data including the sales strategy, pricing strategy, and marketing strategy adopted by these players in the Reagent Filling Systems market

Reasons to Buy the report

  • We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
  • Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
  • The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

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Animal Theme Parks Market to be US$ 143.16 Bn by 2032 | Future Market Insights, Inc.

The global animal theme parks market is expected to reach a valuation of US$ 143.16 Bn in 2032, with the growth rate estimated at a moderate CAGR of 5.59% over the forecast period of 2022 to 2032. Valued at US$ 83.5 Bn in 2022, the animal themes park market is fueled by the recreational, commercial, and entertainment value of these theme parks.

Various animal theme parks constitute of conventional attractions like amusement rides, classic zoo elements where live animals are on display, and incorporation of certain zoo elements into the amusement park rides. All these attractions serve to compound the commercial value of animal theme parks thereby contributing to their market growth.

Animal theme parks often present both marine and land animals in their natural habitats. These parks create an environment similar to the animals’ natural habitat and provide for all of the needs of these animals.

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These theme parks provide an innovative take on theme parks by combining features of both zoos as well as of amusement parks. Thus, animal theme parks are gaining popularity among people looking for fresh entertainment.

Animal theme parks often showcase novel species of animals that most visitors or tourists are unaware of and this aspect intrigues many animal lovers. These parks also conduct shows where live animal performances are shown- the trainers direct these animals to perform various tricks to entertain and educate the audiences.

Thus, animal theme parks adopt an approach that combines entertainment and education. All of this factor promote a positive environment of growth for the animal theme parks market over the projected period.

However, animal activists all over the world are criticizing animal theme parks. Mistreatment and exploitation of animals for the sake of human entertainment is not acceptable for the more aware audience.

Animals, trainers, members of the audience are all susceptible to injuries and fatalities during the shows where these animals put on numerous tricks. All of these factors may impede the market growth during 2022 to 2032.

“Increasing value of different kinds of animal theme parks in the travel sector is expected to promote the sales of animal theme parks over the forecast period,” says an FMI analyst.  

Key Takeaways:

  • Rising interest in marine mammal parks is expected to boost market possibilities.
  • Criticism from various animal groups and activists hampers the market expansion of animal theme parks.
  • North America is the largest contributor to animal theme parks market.
  • Europe is predicted to offer many lucrative opportunities to the target market.
  • By type, ocean animal theme parks dominates the overall market.
  • In terms of booking channels, online booking segment is likely to lead the market.

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Competitive Landscape 

Disney’s Animal Kingdom, Busch Gardens Tampa Bay, Chessington World of Adventures, Happy Hollow Park and Zoo, Aquatica, Sea World, Jerusalem Biblical Zoo, Bronx Zoo, Indianapolis Zoo, Night Safari, Jurong Bird Park, York’s Wild Kingdom, Warrawong Sanctuary, Bhindawas Wild Life Sanctuary, Bhimashankar, Elephant Nature Park, and others are some of the major players in the animal theme parks market that are profiled in the full version of the report.

Major market players are keen on gaining profits from advertisements and operational costs. These theme parks are often influenced by the economic status of a country and by the consumers’ personal income and spending capacity.

The Animal Theme Parks Overview by Category

By Type:

  • Ocean Animal Theme Parks
  • Terrestrial Animal Theme Parks

By Application:

  • Children
  • Adult

By Revenue Model:

  • Ticket
  • Food & Beverage
  • Merchandise
  • Hotels/Resorts
  • Others

By Booking Channel:

  • Phone Booking
  • Online Booking
  • In Person Booking

By Tourist Type:

  • Domestic
  • International

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Ocular Drug Delivery System Market sales will total US$ 27.82 Billon by 2031 | FMI

[250 Pages Report] According to Future Market Insights (FMI), the demand for ocular drug delivery system is expected to rise considerably, enabling the market to surpass US$ 14,471.2 Mn in valuation by the end of 2021. The market is forecast to exhibit 6.8% CAGR between 2021 and 2031.

Ocular drug delivery systems are designed for dispensing drug, biologic, biopharmaceutical, and botanical therapeutics for treating macular degeneration, glaucoma, presbyopia, allergy, anti-viral, dry eye, anti-infective and anti-inflammatory indications.

To overcome the ocular drug delivery barriers and improve ocular bioavailability, various conventional and novel drug delivery systems have been developed such as  ointments, emulsion, suspensions, aqueous gels, Nano micelles, liposomes, , and in situ thermosensitive gels for the earlier mention ocular diseases.

Glaucoma is the second-leading cause of blindness worldwide, accounting for up to 8% of total blindness. In India, glaucoma is the leading cause of irreversible blindness with at least 12 million people affected and nearly 1.2 million people blind from the disease. More than 90 percent of glaucoma cases remain undiagnosed in the community.

Thus the high incidence of ophthalmic diseases, resulting in the rise significant patient population, is driving the global ocular drug delivery systems market.

Ocular drug has to pass the water-fat-water membranous structure of cornea and this changing environment presents a significant barrier. That is why, for almost four decades, researchers have been involved in developing intraocular sustained-release drug delivery platforms.

Owing to the rigorous research studies, approvals for new ocular drug delivery techniques are currently recorded globally. This has helped the market to gain momentum over the last few years.

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Key Takeaways from Ocular Drug Delivery System Market Study

  • Increasing focus on pharmaceutical innovation and research on drug delivery technologies is driving a transition towards particulate drug delivery systems, which will account for over 68% of the market in 2021.
  • Ophthalmic solution for ocular drug delivery system is expected to account for 60% the global market share by 2031.
  • Among distribution channels, hospital pharmacies accounted for 40% of the market share in 2031. Soaring influx of patients for treatment and availability of intensive care support have propelled the demand in the sehment.
  • North America holds the maximum share, owing to the presence of Tier1 players, high per-capita healthcare expenditure, and favorable reimbursement policies in the region.
  • The U.S. holds a more than 44% share in the global ocular drug delivery systems market.
  • The U.K. and Germany are leading markets in Europe, accounting for more than 41% of the Europe market in 2021.
  • South Korea is the fastest growing market in East Asia, exhibiting 10.3% CAGR through 2031.

“Increasing prevalence of eye infections, innovation in drug delivery technologies, and rising clinical trials are creating lucrative growth opportunities for ocular drug delivery system sales,” says the Future Market Insight analyst.

Increase in Funding for Research Activities Offers Growth OpportunitiesLeading manufacturers in the ocular drug delivery system market are strengthening their market position through collaboration with various other organizations. Governments in developed and developing countries are actively taking initiatives to encourage research pharmaceutical products.

For instance, In April, 2017, Santen Pharmaceuticals announced a strategic investment in Regenerative Patch Technologies LLC, a U.S. based company engaged in development of ophthalmic therapies.

Pharmaceutical giants are expected to benefit from the globalization of labor forces, that is, employment of skilled local labor at cheaper rates to derive larger cost savings. Furthermore, this will create room for research and development (R&D) investments.

As per data from EFPIA and PhRMA, annual pharmaceutical (R&D) expenditures increased at 2.5% p.a. in Europe as compared to 3.3% p.a. in the U.S. over the latest measurable period 2016-2020. This will also create opportunities for the expansion of the market.

Who is Winning?The global market is set to expand due to the rising prevalence of eye infections. Leading players within this space are expected to focus on research and development to offer an early and precise diagnosis of ailment, besides offering effective patient care.

Some of the leading players in the ocular drug delivery system market include but are not limited to Allergan Plc., Graybug Vision Inc., Ocular Therapeutix, Inc., Alimera Sciences, pSivida, Santen Pharmaceutical Co., Ltd, Taiwan Liposome Company Ltd., Envisia Therapeutics, Eyegate Pharma, Valeant Pharmaceuticals International, Inc, Vision Ophthalmology Group GmbH, Clearside Biomedical, URSAPHARM Arzneimittel GmbH.

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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 ocular drug delivery systems 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 the ocular drug delivery systems treatment on basis of the key indication in detail, cover every aspect of the market such as technology, dosage form, distribution channel across seven major regions.

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Ocular Drug Delivery Systems Market by Category

Technology

  • Implantable Ocular Drug Delivery Systems
  • Particulate Drug Delivery Systems
  • Nano-Particle Drug Delivery System

Dosage Form

  • Ophthalmic Solution
  • Ophthalmic Suspension
  • Ophthalmic Emulsion
  • Ophthalmic Gels
  • Ophthalmic Ointments

Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Store
  • Mail Order Pharmacies

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Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South 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 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.
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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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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.

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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,
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