Smart Pulse Oximeters Market Status, Growth Opportunity, Size, Trends, Key Industry Outlook 2026

Smart pulse oximeter is one of the fastest growing product type in the vital sign monitoring devices segment. Smart pulse oximeter is a non-invasive medical device used to measure the oxygen saturation level and heart rate in human. Smart pulse oximeter is a clip like device also known as a probe and is placed on body parts such as fingertip or ear lobe to measure the heart rate and oxygen level.

It uses infrared light to measure the oxygen level and heart rate. The measurement of oxygen level and heart rate are very important while performing surgeries and injecting the anaesthesia, because the changes in the oxygen level in such a conditions may cause life threatening effects.

Smart pulse oximeter also used to check the human health with a conditions such as heart attack, heart failure, chronic obstructive pulmonary disease (COPD), anaemia, lung cancer and asthma. However, the readings of smart pulse oximeter may not accurate in peripheral vascular diseases.

Smart pulse oximeters products market is segmented into handheld pulse oximeters, finger pulse oximeters, paediatric pulse oximeters and wrist pulse oximeters.. Hand held smart pulse oximeters are useful for pilots to check the oxygen level when they are operating at above 10,000 feet.

These devices are also useful to the mountaineers and athletes to check the oxygen level. Paediatric pulse oximeters mainly used in the hospitals and these devices are separately designed to measure the oxygen saturation level and heart rate in the infants.

The use of pulse oximeter in the home care settings has expanded over the last few years and is expected to register a healthy growth rate during the forecast period

Over the past few years, leading players in the vital sign monitoring devices segment are manufacturing devices with new technology such as Bluetooth which displays the readings in the smartphone. Moreover, the availability of cost effective smart pulse oximeters are the factors driving growth of overall smart pulse oximeter market., World Health Organization (WHO) started safety pulse oximetry project to improve the health in middle-income countries also expected to boost the smart pulse oximeter market.

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Increasing incidence rates of trauma conditions and increasing prevalence of heart related diseases are also expected to drive the smart pulse oximeter market. However, availability of high end devices to measure the heart rate is expected to hamper the overall market.

Depending on geographic region, Smart Pulse Oximeter Market is segmented into five key regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is estimated to contribute maximum revenue share in the global market of smart pulse oximeter followed by Europe.

Asia Pacific regions are expected to grow at a higher growth rate owing to high occurrence of chronic disease. Middle East & Africa is expected to show a healthy growth rate during forecast period.

Smart Pulse Oximeters Market: Key Players

Key players of smart pulse oximeter market are Nonin Medical Inc, Shenzhen Creative Industry Co.,Ltd, iHealth Labs Inc. Indiegogo, Inc., Technocare Medisystems, Contec Medical Systems Co.,Ltd., and Masimo

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 categories such as market segments, geographies, types, technology, material and applications.

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The report covers exhaustive analysis on

  • Smart Pulse Oximeter Market Segments
  • Smart Pulse Oximeter Market Dynamics
  • Historical Actual Market Size, 2014–2015
  • Smart Pulse Oximeter Market Size & Forecast 2016 to 2026
  • Supply & Demand
  • Smart Pulse Oximeter Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Smart Pulse Oximeter Market Drivers and Restraints

Regional analysis includes

  • North America
  • Latin America
  • Europe
  • Asia Pacific & Japan
  • The Middle East and 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.

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Smart Pulse Oximeters Market Smart

pulse oximeter market has been segmented on the basis of product type, and end user

Smart Pulse Oximeter Market, by Product Type

  • Finger Pulse Oximeter
  • Handheld Pulse Oximeter
  • Paediatric Pulse Oximeter
  • Wrist Pulse Oximeter

Smart Pulse Oximeter Market, by End User

  • Hospital
  • Ambulatory surgical centres
  • Home Care Setting

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Cell Harvesting Systems Market Trends, Demand Growth Revenue Analysis Report to 2026

Cell harvesting is a technique of collecting stem cells for regenerate, transplant or repair the damaged organ with healthy functioning ones.

Cell harvesting is considered as an important step in biopharmaceutical manufacturing industry that can directly affect the product quality and related downstream processes. Stem cells harvesting helps in treating with diseases namely cancers, blood disorders, immune deficiency diseases and various injuries.

This therapy is also beneficial for burn victims which help them in grafting new skin cells as a replacement for damaged ones. Many companies are focusing on regeneration of myocardial tissue by injection of cell graft consist of adult stem cells from the patients for manufacturing regenerating medicines.

For the treatment of eye diseases new healthy cells are also be grown. For harvesting bone marrow a companies are manufacturing devices with passive flexible drilling unit and suction mechanism which will help in reducing the invasiveness of bone marrow transplantation.

Cell harvesting system helps in reducing the invasiveness of bone marrow aspiration from the iliac bone with less punctures. Moreover, helps in reducing procedure time and contamination by T-cells.

Cell Harvesting Systems Market: Drivers and Restraints

Cell Harvesting Systems Market are witnessing maximum growth owing to increase bone marrow transplantation procedures attributed to high prevalence of blood cancer and anemia.

Moreover, improving healthcare expenditure, survival rate after treatment, increasing investment in logistic services, expansion bone marrow transplant registry for heart along with neuronal disorders and growing per capita healthcare expenditure.

However, high cost of cumbersome treatment, lack of reimbursement policies, immunological rejection, viable cell density, and identification of stem cells in adult tissues, and complications during cell harvesting and inadequate number of HSCs cells for transplantation is a major barrier to the cell harvesting systems market.

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Cell Harvesting Systems Market: Overview

Cell harvesting systems market witnessed substantial growth owing to equipment efficacy and accuracy during stem cells harvest. By application type, bone marrow aspiration is anticipated to hold the major share in the cell harvesting systems market owing to less process error, safe and simple procedure and less side effects.

People suffering from Leukemia eligible for bone marrow transplant, is expected to contribute highest share in the global cell harvesting systems market. Cell harvesting systems helps in enhancing proper pigmentation in scar reconstruction which encourage companies for continuous technology advancement in both cell isolation techniques and downstream purification processes.

Cell Harvesting Systems Market: Region-wise Outlook

Depending on geographic region, cell harvesting systems marketis segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. Asia Pacific dominates the cell harvesting systems marketfollowed by Europe, Japan and North America owing to high concentration of bone marrow stem cells harvesting centers and registries along with skilled doctors for the process of harvesting stem cells in these regions.

Asia Pacific, Middle East and Africa hold huge potential and shows substantial growth in terms of wide acceptance of new technologyowing to awareness among population, increasing healthcare expenditure along with high number of potential candidate for the procedure.

Cell Harvesting Systems Market: Key Players

Key players of cell harvesting systems market are PerkinElmer Inc. Tomtec, Bertin Technologies, TERUMO BCT, INC., hynoDent AG, Avita Medical, Argos Technologies, Inc., SP Scienceware, Teleflex Incorporated., Arthrex, Inc., Thomas Scientific, BRAND GMBH

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 categories such as market segments, geographies, types, technology, material and applications.

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The report covers exhaustive 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, Argentina)
  • Western Europe (Germany, Italy, U.K, Spain, France, Nordic, Rest of Western Europe)
  • Eastern Europe (Russia, Poland)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. 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.

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Cell Harvesting Systems Market:Segmentation

The cell harvesting systems market has been classified on the basis of techniques, application and end user.

Based on techniques, the cell harvesting systems market is segmented into the following:

  • Altered Nuclear Transfer
  • Blastomere Extraction

Based on application, the cell harvesting systems market is segmented into the following:

  • Bone Marrow
  • Peripheral Blood
  • Umbilical Cord Blood
  • Adipose Tissue

Based on end-user, the cell harvesting systems market is segmented into the following:

  • Research Centers
  • Academics Institutes
  • Diagnostic Labs
  • Hospitals

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Diagnostic Imaging Services Market Demand, Overview, Size, Trend, and Key Players

Diagnostic imaging is a process of imaging human body with the help of various imaging services. These services includes several technologies, techniques, and equipments to monitor, diagnose, screen, and treat medical conditions for effective medical intervention.

Diagnostic imaging has improved the ability of doctors to treat, diagnose, and detect an injury or disease precisely at an initial stage. In addition, diagnostic imaging services are used to provide information associated with a specific area of the body to be treated or studied.

Various advancements in imaging techniques in the field of modern medicine have facilitated the acquisition of information related to the human body for clinical interventions. In addition, advancement in imaging provides physicians with new tools to improve care in innovative ways. Increasing prevalence of chronic diseases across globe and growing demand for its diagnosis has encouraged diagnostic imaging companies to develop new and improve the existing services.

Diagnostic Imaging Services Market: Drivers and Restraints

Increasing geriatric population and prevalence of chronic diseases, rising awareness for early diagnosis of diseases, technological advancement, widening application of diagnostic imaging devices, and increasing funding from government bodies are the factors to fuelling growth of diagnostic imaging services market.

However, increased risk of cancer owing to exposure to radiation, high cost of diagnostic procedures, and shortage of helium for magnetic resonance imaging systems are major concerns for the global diagnostic imaging services market.

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Diagnostic Imaging Services Market: Market Overview

Research study conducted by WHO indicates that diagnostic imaging, especially, X-ray based examinations is crucial in variety of medical settings. Thus, X-ray segment of the global diagnostic imaging market is expected to have highest market share over the forecasted period.

Medical and clinical assessment can be done prior to prescribing the treatment, but diagnostic imaging services supports confirmation and correct assessment of disease in calculating responses to particular treatment. Effective and qualitative diagnostic imaging is important for making medical decisions.Thus, improved health care policy and increasing demand for global diagnostic imaging procedures will drive the global diagnostic imaging services market with significant CAGR over the forecasted period.

Diagnostic Imaging Services Market: Region-wise Outlook

Geographically, the global diagnostic imaging services market is classified into seven key regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific Excluding Japan (APEJ), Japan, and Middle East & Africa (MEA). In the geographical perspective, North America is leading market for global diagnostic imaging services owing to rising prevalence of chronic diseases and injuries, and increase in geriatric population in the region.

In addition, APEJ is expected to show high growth rate in global diagnostic imaging services market owing to increasing familiarity among patients about several diagnostic procedures. The key driving forces fuelling growth of diagnostic imaging services market in developing countries like India and China are the large pool of patients, increasing awareness about the disease, improving healthcare infrastructure and rising government funding in the countries.

Diagnostic Imaging Services Market: Key Players

Key companies operational in global diagnostic imaging services market include Siemens Healthcare GmbH, Hitachi, Ltd., Carestream Health, TOSHIBA CORPORATION, Koninklijke Philips N.V., GE Healthcare, Hitachi Medical Corporation, Shimadzu Corporation, Fujifilm Corporation, Esaote SpA, Hologic, Inc. among others.

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The report covers exhaustive 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, U.K, Spain, France, Nordic countries, BENELUX)
  • Eastern Europe (Russia, Rest Of Eastern Europe)
  • Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa, Rest Of MEA)

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

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Diagnostic Imaging Services Market: Segmentation

The global diagnostic imaging market is segmented based on type of diagnostic imaging and its end use.

Based on diagnostic imaging, the global diagnostic imaging market is segmented into the following:

  • X-Ray
  • Planer
  • Computed Tomography (CT)
  • Magnetic Resonance Imaging (MRI)
  • Ultrasound
  • Radionuclide
  • Single-Photon Emission Computed Tomography (SPECT)
  • Position Emission Tomography (PET)

Based on end use, the global diagnostic imaging market is segmented into the following:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Diagnostic Imaging Laboratories

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Anaplastic Large Cell Lymphoma (ALCL) Therapeutics Market Trends, Demand Growth Revenue Analysis Report to 2026

Lymphoma is the most common type of blood cancer that affects that develops in the lymphatic system. Lymphoma are of two major types: Hodgkin lymphoma and non-Hodgkin lymphoma (NHL). Lymphoma is caused when lymphocytes, type of white blood cells of the immune system grow and multiply uncontrollably.

Cancerous lymphocytes may travel to different parts of the body, including the spleen, blood, lymph nodes, bone marrow, and form a mass called a tumor. The two type of lymphocytes that can develop into lymphoma – B-lymphocytes (B-cells) and T-lymphocytes (T-cells).

Anaplastic large cell lymphoma (ALCL) is a rare type of non-Hodgkin lymphoma and a common subtype of T-cell lymphoma. ALCL consists of only 2% of NHLs and approx. 20% of T-cell lymphomas. ALCL symptoms includes  fever, painless swelling of lymph nodes, weight loss, tiredness, backache and excessive night sweats.

It is comprised of two sub-types, based on the expression of a protein called anaplastic lymphoma kinase (ALK): ALK positive and ALK negative ALCL

According to National Cancer Institute, in the 2016, an estimated 1,685,210 new cases of cancer will be diagnosed in the United States and 595,690 people will die from the disease. NHL is the sixth most commonly diagnosed cancer in both men and women in the US.

In 2015, it is estimated that there will be 71,850 new cases of NHL (39,850 men and 32,000 women) and 19,790 deaths from NHL. According to GLOBOCAN 2012 estimates the incidence and mortality rate of NHL is 2.7% and 2.4% respectively.

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Following drugs are being tested for ALCL

  • Alisertib (MLN8237)
  • Bortezomib (Velcade)
  • Combination of brentuximab vedotin and chemotherapy
  • Crizotinib (Xalkori)

With the increasing geriatric population and rate of diagnosis will boost the overall market for ALCL therapeutics. Moreover, significant increase in the healthcare spending will boost the ALCL therapeutics market during the forecast period.

Geographically the ALCL therapeutics market is segmented into five key regions: North America, Latin America, Europe, Asia Pacific and MEA region. The areas with the highest incidence of NHL are North America, Europe, and Australasia, as well as several countries in Africa and South America. Also, more than 60% of the world’s new cancer cases occur in Africa, Asia, and Central and South America; 70% of the world’s cancer deaths occur in these regions.

The ALCL can appear on body parts such as skin, organs and other part of the body, they grow slowly and are present on body for longer duration before diagnosis. ALCL that appears on skin is known as primary cutaneous ALCL.

Most common types of side effects observed are skin redness and skin irritation is caused. It is being observed that 10 percent primary cutaneous ALCL extends beyond the skin to organ or lymph. Systemic ALCL is parted depending on abnormal form of a protein on their surface called ALK or do not have abnormal form of a protein.

These are fast growing and the disease condition in ALK-positive (with abnormal protein) is different from ALK-negative (without abnormal protein). ALK-positive ALCL patients are treated with chemotherapy treatments, patients initially respond to the treatment but relapse within five years, these are found in children’s as well as adults.

ALK-negative ALCL patients are treated with stem cell transplantation after remission, these are mostly found in patients above 55 years.

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Some major companies in the ALCL therapeutics market are Pfizer, Takeda Pharmaceutical Company Limited, Teva Pharmaceutical Industries Ltd., Seattle Genetics, Inc., Sareum Holdings PLC, Merck Sharp & Dohme Corp., Celgene Corporation and Valeant Pharmaceuticals North America LLC.

  • Anaplastic large cell lymphoma (ALCL) therapeutics Market Segments
  • Anaplastic large cell lymphoma (ALCL) therapeutics Market Dynamics
  • Historical Actual Market Size, 2013 – 2015
  • Anaplastic large cell lymphoma (ALCL) therapeutics Treatment Market Size & Forecast 2016 to 2026
  • Anaplastic large cell lymphoma (ALCL) therapeutics Treatment Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Anaplastic large cell lymphoma (ALCL) therapeutics Market Drivers and Restraints

Regional analysis includes

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

Anaplastic Large Cell Lymphoma Alcl Therapeutics Market

The global ALCL therapeutics market is segmented on the basis of route of administration, therapeutic areas and region

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Segmentation based on Disease Type

  • Primary ALCL
  • Relapsed ALCL

Segmentation based on Treatment Type

  • Chemotherapy
  • (CHOP) Cyclophosphamide, Doxorubicin, Vincristine, and Prednisone
  • Brentuximab vedotin
  • Pralatrexate
  • Surgery
  • Radiation therapy
  • Stem cell transplant

ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Tumour Ablation Devices Market will Record Massive Growth, Trend Analysis and Forecast till 2026

Tumours are the groups of abnormal cells that accumulate together and form lumps and grow consistently. Tumour are categorized into noncancerous and cancerous tumours. Precancerous conditions have the potential of developing into cancer. Tumour ablation is a tool utilized to treat cancerous malignancy. Tumour ablation is the process of removing the cancerous cells from the body.

Tumour ablation became more useful during 1970s and 1980s due to advances in laparoscopic surgical approach. The most common means for definitive treatment of primary and metastatic focal malignancy, is the evolution of imaging devices during the past two decades and image-guided tumour ablation.

Tumour Ablation Devices Market: Drivers & Restraints

Tumours are the groups of abnormal cells that accumulate together and form lumps and grow consistently. Tumour are categorized into noncancerous and cancerous tumours. Precancerous conditions have the potential of developing into cancer. Tumour ablation is a tool utilized to treat cancerous malignancy. Tumour ablation is the process of removing the cancerous cells from the body.

Tumour ablation became more useful during 1970s and 1980s due to advances in laparoscopic surgical approach. The most common means for definitive treatment of primary and metastatic focal malignancy, is the evolution of imaging devices during the past two decades and image-guided tumour ablation.

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Tumour Ablation Devices Market: Overview

The lung cancer application segment is expected to grow at the highest CAGR in the next five years due to large patient population of lung cancer present across developing and developed regions. This has increased the investment of manufacturers to develop and commercialize innovative lung cancer ablation products.

The radiofrequency ablation is widely used technique due to specificity of treating target tissue without causing damage to the surrounding cells. Microwave ablation product segment is expected to grow significantly due to increase in adoption rate of microwave ablation devices by healthcare professionals.

Tumour Ablation Devices Market: Region-wise Outlook

Region wise, the global tumour ablation market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa.The global market is expected to be dominated by North America due to factors such as early introduction and adoption of rate of tumour ablation products in the region, trend of replacing older technologies and introducing the new technologies, and increase in private and public funding to develop and commercialize the novel tumour ablation products.

The Asia-Pacific market is expected to grow at a higher CAGR in the forecast period due to factors such as large population with the high prevalence of various cancers in the region, government initiatives for developing and modernizing the healthcare infrastructure.

Tumour Ablation Devices Market: Key Players

Key players of tumour ablation devices market are Boston Scientific Corporation, St. Jude Medical, Inc., Biotronic NeuroNetwork, LLC, Baylis Medical, biolitec AG, Spectranetics, Esaote SpA, ALPINION MEDICAL SYSTEMS Co., Ltd., Chongqing Haifu Medical Technology Co., Ltd., Koninklijke Philips N.V, Hironic Co., Ltd., Monteris Medical, Inc, EDAP TMS, EYE TECH CARE, NeuWave Medical, Inc, Vison medical, AtriCure, Inc, Galil Medical Inc, ENDOCARE INC, IceCure Medical, Sanarus HealthTronics, Inc, MEDTRONIC, MedWaves, AngioDynamics, Microsulis Medical, Perseon, SympleSurgical Inc. to name a few.

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The report covers exhaustive 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, U.K, Spain, France, Nordic countries)
  • Eastern Europe (Russia, Poland, Rest Of Eastern Europe)
  • Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, Rest Of MEA)

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

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Tumour Ablation Devices Market: Segmentation

The global tumour ablation devices market has been classified on the basis of product type, application and end user:

On the basis of product type, the tumour ablation devices market is segmented into the following

  • Radiofrequency ablation
  • Laser ablation
  • High intensity focused ultrasound ablation
  • Microwave ablation
  • Cryo ablation

Based on application type, the tumour ablation devices market is segmented into the following

  • Liver Cancer
  • kidney Cancer
  • Colorectal Cancer
  • Bone Cancer
  • Breast Cancer
  • Lung Cancer
  • Prostate Cancer
  • Other Cancers

Based on end use type, the tumour ablation devices market is segmented into the following:

  • Hospitals
  • 500 and more beds hospitals
  • 200 to 499 beds hospitals
  • Less than 200 beds hospitals
  • Ambulatory Surgical Centers

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Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights. Sign Up for a 7 day free trial!

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T: +1-845-579-5705

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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.

About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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)

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Smart Travel Sector Market forecasted to register 18.10% CAGR during forecast period 2022-2032

The Global Smart Travel Sector market is estimated to reach US$ 25 Bn in 2022. As per the report, sales are forecast to increase at a robust 18.10% CAGR, with the market valuation reaching US$ 112.4 Bn by 2032. Total sales in The Global Smart Travel Sector market represent ~8-10% of the global tourism market.

“Smart” has been a catchphrase in technology over the past ten years, being used to describe anything from TVs and factories to mobile phones and industrial facilities. Using information and communication technology (ICT) in a creative way to change business models, make hospitality more accessible, and create new revenue streams is known as smart tourism.

As more nations engage extensively in this industry and use it as a competitive advantage, smart tourism is now gaining momentum throughout the globe. Having said that, smart tourism depends on the idea of smart cities as a whole, which offer the tools and resources required to attract visitors who are tech aware.

Running a smart tourism strategy requires public-private partnership. A long-term agreement to collaborate between two or more public and private groups is a public-private partnership. In other words, corporations and governments collaborate to finish a project or offer services to the locals.

The project Clever city worked on with the Lübeck Bay tourist office is an excellent illustration of a public-private relationship. Smart parking sensors were installed close to the neighbourhood beaches to track occupancy and availability and direct visitors to the closest open space. The German Tourism Prize 2020 was given to this effort.

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Key Take Away in Global Smart Travel Sector Industry

  • In major tourist hotspots, wearable technology is improving the visitor experience. Smartwatches and tech wristbands may do various tasks, such as voice-activating local instructions or unlocking your cabin door on a cruise.
  • Smart strategies, like smart garbage collection or smart parking, can be applied to the subject of sustainable transport. Cities are developing mobility hubs outside of the city centre that have strong linkages to the inner city’s public transportation system and/or rental bike or e-scooter stations.
  • In terms of tour type, it is predicted that package visitors would make up the relatively largest value portion of the Smart Travel industry.
  • According to the prediction, middle-aged people between the ages of 26 and 35 will continue to make up the majority of travellers.

“Technology investments and destination quality are frequently so interconnected in places where tourism and events are thought to be important components that Smart Tourism becomes a part of the city planning that benefits both tourists and locals.” Says an FMI Analyst

Impact of Covid-19 on the industry

One of the sectors most impacted by the global coronavirus-19 (COVID-19) outbreak is tourism. Local communities were worst hit by the crisis because tourism contributes the most to any nation’s gross domestic product of any business. The Smart Travel Sector market fell by 56% during the epidemic.

But the outbreak of COVID-19, which the World Health Organization declared to be a pandemic on March 11, 2020, has made this need for innovation in the tourism sector even more urgent. The biggest innovations that can be used in this sector are either new technologies being developed or new ways of using information and communication technologies.

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Who is winning?

To encourage the use of online smart tourism portals, key companies are offering travellers discounts and enticing, seasonally appropriate trip packages. Additionally, strategic alliances between tour operators and lodging establishments, eateries, and other businesses aid in the upgradation and expansion of the tourist industry.

Leading players operating in the Global Smart Travel Sector market are – InnoQuant Strategic Analytics, S.L, Booking Holdings Inc., TripAdvisor LLC, AudioConexus Inc., Expedia Inc, Kayak, QUNR, Ctrip, Orbitz, MakeMyTrip, TravelZoo, Sabre, etc. are among others.

Global Smart Travel Sector Market by Category  

By Solution Type, The Global Smart Travel Sector Market is segmented as –

  • Smart Ticketing
  • Smart Security Services
  • Smart City Bots
  • Smart Parking
  • Others (Audio Guidance, Intelligent Traffic Management, Linguistic Services, etc.)

By Booking Channel, The Global Smart Travel Sector Market is segmented as:

  • Phone Booking
  • Online Booking
  • In-Person Booking

By Tourism Type, The Global Smart Travel Sector Market is segmented as:

  • Domestic
  • International

By Tourist Type, The Global Smart Travel Sector Market is segmented as:

  • Independent Traveller
  • Tour Group
  • Package Traveller

Consumer Orientation, The Global Smart Travel Sector Market is segmented as:

  • Men
  • Women

By Age Group, The Global Smart Travel Sector Market is segmented as:

  • 15-25 Years
  • 26-35 Years
  • 36-45 Years
  • 46-55 Years
  • 66-75 Years

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n-Propyl Acetate Market is reaching US$ 706.3 Mn at a gracious rate of 5.4% by the year 2032

The global n-propyl acetate market is anticipated to reach a value of US$ 706.3 Mn by the end of 2032, as per Future Market Insights (FMI). Demand in the market is predicted to rise at a CAGR of 5.4% owing to consistent growth among diverse industries such as printing, pharmaceutical, and food & beverages. Owing to the characteristic fits of n-propyl acetate as a solvent or chemical intermediate in different processes is bolstering the sales.

Prominent players are investing in emerging countries from Latin America and South Asia to get an efficient and rapid supply chain advantage over their competitors. Several players are also focusing to develop long-term relationships with their customers for an uninterrupted supply of n-propyl acetate. Meanwhile, other suppliers are focusing on collaborating with e-commerce giants to increase the sales and expand their customer base.

Further, as n-propyl acetate has pleasant odour, it can be used in perfumes and food industry. Also, rising application in printing ink and pharmaceutical industry will improve the sales in the market. On the back of this, the demand in the market is predicted to reach US$ 418.6 Mn by the end of 2022.

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“Growing consumption of n-propyl acetate coupled with its increasing adoption as a potential replacement for ethyl acetate in different industries such as pharmaceutical and food is expected to bolster the demand during the projected period,” says an FMI analyst.

Key Takeaways:

  • The global market of n-propyl acetate is projected to witness a CAGR of magnitude 4% during the period of 2022 and 2032.
  • Significant development in the end-use industries – chemical, pharmaceuticals, paints & coatings, and food & beverages in the Asia-Pacific region is anticipated to remain one of the prominent markets for n-propyl acetate in the forecast period.
  • By Grade type, pharmaceutical/food grade (>99%) is expected to account for the largest share, about 75% of the overall market size.
  • By Application, the consumption of n-propyl acetate as a solvent is expected to grow at a CAGR of 3% over the forecast period.
  • By End-Use, the printing ink industry is expected to remain a key consumer of n-propyl acetate, the segment is further anticipated to witness a consumption rate of about 1% n-propyl acetate in terms of value.

Competitive Landscape

The market of n-propyl acetate is estimated to be a consolidated market, where key players are expected to account for more than 46% share of the market. OQ Chemicals GmbH, Solvay, BASF SE, Sasol, DOW chemicals, Eastman Chemical company, SHOWA DENKO K.K., Jiangsu Baichuan High-tech New Materials Co., Ltd., shiny chemical Industries Co. Ltd, Solventis, and many others are the some of the manufacturers of n-propyl acetate profiled in the full version of the report.

Key players are certainly focusing on expanding their production capacity to increase their market presence all over the globe and to gain maximum traction in the market. Further top players are also investing significantly in acquisitions of regional players to reduce competition and gain capacity advantage.

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More Insights into the N-propyl acetate Market Report

In its latest report, Future Market Insights offers an unbiased analysis of the global n-propyl acetate market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market potential, growth, and scope, the market is segmented based on grade, application, end-use industries, and region.

N-propyl acetate Market Segmentation

By Grade:

  • Industrial/Technical Grade (<99%)
  • Pharmaceutical/Food Grade (>99%)

By Application:

  • Solvent
  • Flavouring Agent
  • Others

By End-Use Industry:

  • Chemical
  • Pharmaceutical
  • Paint & Coatings
  • Printing Ink
  • Food & Beverages
  • Agrochemical

By Region:

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

Have a Look at Related Research Reports of Chemicals & Materials

Calcium Acetate Market: Global calcium acetate market is projected to grow at a moderate pace through the forecast period (2019-2019). Pegged at 3% CAGR through 2029, growth of calcium acetate market is complemented by continual demand from variegated end-use areas such as pharmaceuticals, food & beverages, and textiles.

Sucrose Acetate Isobutyrate Market: Sucrose acetate isobutyrate is a pure liquid food preservative that processed as an emulsifier, which leads to its property to mix water and fat. More precisely, the food additive aids suspend and distribute the flavor oils in a drink.

Sodium Acetate Market: Owing to its chemical properties, sodium acetate partially ionizes when dissolved in water. As sodium acetate partially dissolves, therefore it has the ability to maintain solutions at a relatively constant pH despite acid or base challenges.

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Vapour Barrier Market- Dominance of the Leading Companies Over the Global Industry

Sales of vapour barriers are projected to witness steady rise in the following years, prominently propelled by sustained consumption by the building & construction industry. As suggested by a new Future Market Insights (FMI) report, global vapour barrier market will exhibit a CAGR of around 4.4% during the forecast period of 2022-2029.

Water condensation can damage the sturdiest of constructions, which is why vapour barriers hold significant importance, as they offer complete insulation from vapour and moisture to building structures. Use of vapour barriers also allows for optimum efficiency of a space conditioning system, thereby fueling their demand across the construction industry.

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Heavy usage of vapour barriers in commercial and residential buildings to prevent moisture damage to infrastructure is anticipated to be the primary growth driver. However, increasing utilization of vapour barriers in the packaging industry to prevent moisture damage and interstitial condensation in packed goods opens new growth avenues for industry players.

Key Takeaways – Vapour Barrier Market Study

  • Over the period of projection, building infrastructure, whether private/public or commercial/residential, will be based on green building concepts to strike a fine balance of environmental sustainability and modern amenities. As a result, the demand for vapour barriers is projected to significantly spur over the forecast period.
  • Polymer materials segment to retain its spot as a prominently preferred material followed by asphalt & bitumen, whereas drywall board lumber and gypsum board projected to observe growth at a swift pace in the market.
  • Membrane type vapour barriers are expected to register a dominating share due to their easy installation. However, the popularity of the coating segment is increasing across the globe in recent years due to its enhanced moisture resistance.
  • To meet stringent manufacturing rules and regulations, manufacturers are trying to increase the use of materials with high recyclability and decent biodegradability index. Also, due to new norms for VOC emissions, many manufacturers are looking to revamp their manufacturing process in order to minimize these emissions.

How is Vapour Barrier Market Structure Defined?

The market of vapour barrier is highly competitive due to decent presence of tier 1 players in the market. Though tier 1 market players have a considerable hold on market share, numerous small-scale and regional players exist in the market. Manufactures like The Dow Chemical Company and Saint Gobain, along with other organised and leading manufactures hold more than half of the market pie.

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More About What the Report Covers

Future Market Insights (FMI), published a thorough research analysis in its report for global vapour barrier market, offering information regarding historical developments from 2014-2021 and forecast projections and opportunity assessments on the basis of analysis for future scope and ongoing tends in the global market. The research study offers opportunity roadmap and market projections across the globe based on various categories such as material (glass, sheet metal, polymer, asphalt & bitumen, gypsum board, drywall/board lumber, plywood, concrete/brick), type (membranes, coatings, cementitious water proofing, and stacking & filling), site (external, internal), application (corrosion resistance, insulation, air insulation, sound insulation, thermal insulation, water proofing, material packaging & stacking, microbial & fungal resistance), end use (construction, packaging, automotive), and region (North America, Latin America, Europe, MEA, South Asia, East Asia, and Oceania).

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.

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Carbon Mold Market– Business Opportunities and Global Forecast to 2028

A recent market study revealed by Future Market Insights on the carbon mold market incorporates global industry analysis for 2014-2021 and market opportunity assessment for the forecast period of 2022-2029. The market study reveals crucial insights and provides an in-depth market analysis for the historical as well as forecast period. As per the market assessment in the report, the global carbon mold market is estimated to witness noteworthy growth due to growing demand from aircraft and automotive manufacturing sectors.

The global carbon mold market reaching a value of about US$ 279.9 Mn by 2022 end and is anticipated to grow with 8.6% CAGR throughout the forecast period, 2022-2029.

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Increasing government regulations are pressurizing OEMs to manufacture lightweight vehicles and aircrafts, leading to incorporation of lightweight materials such as carbon composites. According to FMI’s analysis, increasing demand for carbon composites from the automotive and aerospace industries along with rising adoption of carbon fiber parts and components in electric vehicles are expected to positively influence the carbon mold market.

Growing environmental concerns have shifted the trend towards the adoption of renewable energy. Wind energy has revolutionized the renewable energy sector, owing to increasing government support. Carbon molds are used in the manufacturing of lightweight wind turbine blades from carbon fiber and carbon composites. Increasing installations of wind turbines and growing wind energy installation projects across the globe are estimated to propel the demand for carbon molds.

Opportunities Abound in East Asia and South Asia

East Asia and South Asia, led by China and India respectively, are likely to witness substantial growth in commercial as well as defense aerospace sectors. Increasing military budget will primarily affect the defense aircraft manufacturing activities in the region, and it is likely to lead to upsurge in the demand for carbon mold. Installation of wind turbines has increased significantly in recent years, especially in China, India, and ASEAN countries, which will continue to work to the advantage of the carbon mold manufacturers.

Increasing government regulations for the development of fuel-efficient vehicles and aircrafts in North America and Europe, have increased the demand for carbon composites. Predominance of automotive and aerospace industries and increasing adoption of carbon composites make North America and Europe prominent markets for carbon molds.

Carbon Fiber to Remain a Prominent Material Choice

The global carbon mold market has been categorized on the basis of material, different types of mold, and application, along with regions.

  • Based on material, carbon fiber is projected to remain the material of choice in the upcoming years, and subsequently hold a prominent share in the global carbon mold market throughout the forecast period.
  • On the basis of mold, the female mold is estimated to hold more than half of the market share owing to its cost effectiveness.
  • High application potential of carbon mold has been identified in aerospace & defense, followed by automotive & transportation. Increasing incorporation of carbon composites in automotive & aerospace industries is a prime factor responsible for the carbon mold market growth.

Carbon Mold Market: Manufacturer Insights

According to the FMI analysis, the global carbon mold market is heavily fragmented with local and regional players playing key roles. The global carbon mold market report sheds light on few of the key industry players in the global carbon mold market. Some of the examples of key players in the market are MDC Mould & Plastic Co., Ltd., DEXCRAFT, Xiamen Fengjin Mold Industry Co., Ltd., Composite Mouldings Ltd., and DC Composites, among others.

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Key Segments

Material Type

  • Carbon Fiber
  • Graphite
  • Others

Mold Type

  • Male
  • Female

Application

  • Aerospace & Defense
  • Automotive & Transportation
  • Electronics
  • Energy
  • Others

Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa
  • Emerging Countries

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.

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