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According to Future Market Insights’ most recent industry report, the global freeze drying market was valued at approximately US$ 1.0 Bn in 2021 and is expected to rise at a CAGR close to 8.5% over the forecast period, with an anticipated worth of around US$ 2.5 Bn in 2032.

Freeze drying often referred to as lyophilization, is a method that uses low pressure and sublimation to remove water from a material in the form of ice. This technology has numerous applications in the manufacture of high-quality food and pharmaceuticals.

Despite its popularity, substantial research on freeze-drying is continually being carried out in order to enhance the process variables for specific applications, enhance product features through pre-treatments, and minimize energy costs and process time.

The major goal of the freeze-drying procedure is to ensure consistent product quality not just within a batch but also between batches. As a result, during freeze-drying, product temperature becomes a crucial product quality aspect. When the product has the same thermal history throughout the batch, from batch to batch, as well as throughout lab scale, pilot scale, and production scale dryers, consistent product quality is ensured.

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The market has grown as a result of factors like the rapidly expanding pharmaceutical and food processing industries. The market is projected to grow as consumers become more aware of the product’s benefits, such as improved desiccant drying and air-drying efficiency.

Key Takeaways from Market Study

• Dryers are the leading segment as a product and hold approximately 7% market share in 2021, owing to the customer preference for nutrition from whole foods being supported by the fact that freeze-drying retains nutritional content better than other drying techniques.
• Industrial-scale of operations holds a market share of around 6% in 2021. Because of the preservation of quality, freeze-drying is thought to be the best method for dehydrating food on an industrial scale.
• Biopharmaceutical companies are the top distribution channel in the worldwide freeze drying market, and this trend is anticipated to continue with a projected CAGR of 7% over the forecasted years.
• North America is considered as the leading region with a value share of 8% in 2021, owing to the presence of established biopharmaceutical companies in the region.

“Shifting consumer values, the rapid expansion of the pharmaceutical and food processing industries, and rising consumption of preserved foods are driving the global freeze drying market,” says an analyst of Future Market Insights.

Market Competition

The global market can be characterized as being extremely competitive and consolidated, with a few significant competitors controlling the industry. Additionally, they are investing heavily in R&D to create novel solutions and acquire a competitive edge. To obtain a competitive edge, numerous businesses are engaging in mergers and acquisitions and deploying cutting-edge technologies.

Key Companies Profiled

• Azbil Corporation
• Zirbus Technology GmbH
• HOF Sonderanlagenbau GmbH
• Millrock Technology, Inc.
• Fr
• MechaTech Systems Ltd.
• SP Industries, Inc.
• Martin Christ Gefriertrocknungsanlagen GmbH
• Cuddon Freeze Dry
• Neologic Engineers Private Limited

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Key developmental instances include:

• Telstar, a division of the Azbil Group, in December 2020, developed a new line of GMP freeze-dryers with a modular design. The new series of lyophilizers sold under the Lyozeta brand is a standardised version of its top-of-the-line GMP customizable freeze-dryers built to function aseptically.
• In order to add two HOF horizontal plate freeze-thaw machines to Sartorius’ product line and offer customers a full selection of relevant freeze-thaw equipment and consumables, a partnership between Sartorius and HOF Sonderanlagenbau was announced in December 2021.

Key Market Segments Covered in Freeze Drying Industry Research

By Product:

• Dryer
  • Tray-style dryers
  • Rotary Freeze Dryers
  • Manifold Freeze Dryers
• Accessories
  • Drying Chamber
  • Vacuum System
  • CIP (Clean-in-place) Systems
  • Other Accessories

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By Scale of Operations:

• Pilot-scale
• Laboratory-scale
• Industrial-scale

By Distribution Channel:

• Biopharmaceutical Companies
• Food and Beverage Companies
• Academic and Research Institutes
• CRO &  CMO
• Hospitals
• Research Laboratories

About Future Market Insights (FMI) 

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

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
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According to Future Market Insights’ most recent industry report, the global dentures market was valued at approximately US$ 1.6 Bn in 2021 and is expected to rise at a CAGR close to 6.7% over the forecast period, with an anticipated worth of around US$ 3.2 Bn in 2032.

For people with partial and edentate dentition, dentures are a great treatment option. Dentures are medical devices that are custom-made and recommended by dentists and dental clinical specialists to replace oral soft and hard structures. In the UK, about one in five persons wear dentures, and the prevalence of denture use rises with age, according to an Adult Dental Health Survey. Acrylic (polymethylmethacrylate [PMMA]), metal alloys (cobalt-chromium), and polymers can all be used to make denture bases.

Changing demographics indicate a rise in life expectancy as well as an increase in the number of elderly people. Age-related population growth has led to an increase in the number of older people who need dentures. One of the most essential treatment choices in prosthodontics is complete dentures.

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Edentulism is a major public health issue around the world due to its high frequency (>10% in those aged 50 and up) and associated impairment. Simply put, edentulism is the absence of any natural teeth in the oral cavity. According to the World Health Organization (WHO) databanks, severe periodontal disease affects 5% to 20% of the global population. Complete edentulism is believed to occur between 7% and 69% of people worldwide.

The growing ageing population needing dentures, a changing healthcare structure, as well as growing focus on edentulism, are factors set to provide propulsion towards growth, to the overall global dentures market, over the forecasted years.

Key Takeaways from Market Study

• Acrylic for dentures are the leading segment as material, and hold approximately 4% market share in 2021. Partial and full dentures frequently employ acrylic as their base material. Because dentures require adjustments over time, the material’s ease of molding makes it an excellent choice for this application.
• Complete denture, segmented by type, holds a market share of around 5% in 2021, as many individuals find complete dentures to be tolerable in terms of functionality and appearance.
• By usage, removable dentures account for around 4% of the global market share in 2021, owing to the large volumes of adoption of partial removable dentures, globally.
• Dental clinics are the top end-user in the worldwide dentures market, and this trend is anticipated to continue with a projected CAGR of 8% over the forecasted years. This is because dental clinics are the preferred location for treatment adoption in a medical environment.
• North America is considered the leading region with a value share of 8% in 2021, owing to the presence of established dental care facilities in the region.

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“Rapidly ageing population, growing adoption of CAD/CAM technology for dental prosthetics, and rising awareness on dental-facial aesthetics are factors propelling demand within the global dentures industry,” says an analyst of Future Market Insights.

Market Competition

Through the adoption of 3D printing technology, as well as
CAD/CAM methods, key players are adopting strategies, which will cater to the customized patient demand for dentures and dental prosthetics. Moreover, with a fragmented market space, the dentures market comprises of several key and established players, as well as local and regional competitors.

Key Companies Profiled

• DENTSPLY SIRONA Inc.
• COLTENE Holding AG
• GC dental
• Amann Girrbach AG
• Ivoclar Vivadent AG
• Zimmer Biomet Holdings Inc.
• Mitsui Chemicals Inc.
• Keystone Dental, Inc.
• Align Technology, Inc.
• VOCO GmbH

Key developmental instances include:

• A leading silicon valley-based digital manufacturing business, Carbon, and Dentsply Sirona announced a strategic collaboration to offer innovative denture materials for carbon digital 3D printing manufacturing solutions in January 2019.
• Ivoclar Vivadent established a whole processing chain for the digital fabrication of removable dentures in August 2020 with the Ivotion Denture System. The system’s core component is the outstanding CAD/CAM disc Ivotion, which enables the production of distinct monolithic prostheses in a single milling operation.

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 Key Market Segments Covered in Dentures Industry Research

By Material:

• Acrylic
• Metal
• Others

By Type:

• Complete
• Partial

By Usage:

• Removable
• Fixed

By End User:

• Dental Clinics
• Hospitals
• Dental Group Practices

By Region:

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

About Future Market Insights (FMI) 

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

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
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The global demand for monoclonal antibodies market is projected to increase at a CAGR of 12% during the forecast period between 2022 and 2032, reaching a total of US$ 647.01 Billion in 2032, according to a report from Future Market Insights (FMI). From 2017 to 2021, sales witnessed significant growth, registering a CAGR of 6.1%.

Human mAbs offer efficient modulation in effector functions and are less immunogenic as compared to chimeric or humanized mAbs. Such antibodies can be produced through the use of phage display and hybridoma technologies in transgenic mice. As a result, with recent technological progress in genetic engineering, the production of fully human mAbs is anticipated to gain traction in the near future.

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North America recorded the largest market share of 46.2% in 2021 due to the presence of a highly developed healthcare infrastructure, high patient awareness, and growth in cancer research prospects, among other factors. Moreover, increasing government expenditure for cancer research and the presence of key players such as Pfizer Inc., Amgen, Inc., and Merck & Co., among others, are expected to boost the market growth. Rising healthcare expenditure across the world, increasing patient awareness levels, and availability of advanced hospital infrastructure in developed countries are factors expected to result in the dominance of the segment during the forecast period.

Key Takeaways from the Market Study 

• In 2022, the global monoclonal antibodies market size was valued at USD 186 billion in 2021.
• The market is projected to increase at a CAGR of 12% during the forecast period between 2022 and 2032, reaching a total of US$ 647.01 Billion in 2032
• The human source type held the largest share and accounted for 54.07% of the market value in 2021.
• The North American market for monoclonal antibodies expanded with a market share of 46.2% in 2022.
• Asia Pacific is projected to exhibit the fastest growth rate in the forecast period.

“Applications of mAbs for the treatment of autoimmune diseases are projected to grow at a lucrative rate due to the increasing prevalence of autoimmune conditions such as rheumatoid arthritis.” comments a Future Market Insights analyst.

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Competitive Landscape 

The market is expected to become more competitive in the near future, as many companies focus their efforts on research and the creation of innovative diagnostic techniques through product line expansions, acquisitions, and mergers.

Key players in the Monoclonal Antibodies market are:

Novartis AG; Pfizer Inc; GlaxoSmithKline plc; Amgen Inc.; Merck & Co., Inc.; Daiichi Sankyo Company, Limited; Abbott Laboratories; AstraZeneca plc; Eli Lilly And Company; Johnson & Johnson Services, Inc. and many more.

• In November 2021, Bristol-Myers Squibb Company received the U.S. Food and Drug Administration approval for Opdivo (nivolumab) plus Yervoy (ipilimumab) combined with limited chemotherapy as first-line treatment of metastatic or recurrent non-small cell lung cancer. Patients with squamous or non-squamous illness, independent of PD-L1 expression, are eligible for the treatment. 1 The FDA’s Real-Time Oncology Examine (RTOR) pilot programme was used to review this application, which aims to ensure that safe and effective medicines are offered to patients as soon as feasible.
• In March 2022, Sanofi S.A. and Blackstone Life Sciences entered a collaboration for accelerating the development of a subcutaneous formulation of Sarclisa mAb for the treatment of patients with multiple myeloma.

More Valuable Insights 

Future Market Insights, in its new offering, presents an unbiased analysis of the global monoclonal antibodies market, presenting historical analysis from 2016 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of test type (tumor biomarkers tests, imaging, biopsy, liquid biopsy, immunohistochemistry, in situ hybridization), by indication (breast cancer, lung cancer, colorectal cancer, melanoma, blood cancer, prostate cancer, ovarian cancer, stomach cancer, liver cancer and others) and by end-user (hospital associated labs, independent, diagnostic laboratories, diagnostic imaging centers, cancer research institutes and others) and regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

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Key Segments Profiled in the Monoclonal Antibodies Market Industry Survey

Monoclonal Antibodies Market by Production Type:

• In Vivo
• In Vitro

Monoclonal Antibodies Market by Source Type:

• Murine
• Chimeric
• Humanized
• Human

Monoclonal Antibodies Market by End User:

• Hospitals
• Specialty Centers
• Others

Monoclonal Antibodies Market by Application:

• Oncology
• Autoimmune Diseases
• Infectious Diseases
• Neurological Diseases
• Others

About Future Market Insights (FMI) 

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

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
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As per Future Market Insights, the global drug formulation market was valued at over US$ 1.50 Tn in 2021 and is expected to exhibit growth at a CAGR of 5.6% over the forecast period (2022-2032).

As pharmaceuticals enhance our quality of life, there is an increased demand for novel drugs formulation that would offer effective clinical care with a cost-effective manufacturing process. Biologics have proven to be an effective treatment option for chronic disease treatment. Pharmaceutical companies are being compelled by the rise of biosimilars to either innovate or lower prices to compete. This has been stimulating innovation in the field of biologics.

As there are currently 37 approved biosimilars by the Food and Drug Administration (FDA). A significant portion of this expansion occurred in 2019 when the number of biosimilars that were approved increased by 65% and the number of such medicines that were made available in the United States increased by 157%.

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However, manufacturers, payers, and providers anticipate that biosimilar competition will result in persistent price reductions, as demonstrated by the adoption of biosimilars in Europe over the past 13 years.

Manufacturers will be encouraged to cut the prices of their products as the number of treatment options for a particular sickness or condition increases that expects to drive the drug formulation market growth in coming years.

Key Takeaways from Market Study

• The oral formulation is expected to hold a 6% market value share by the end of 2032 and is expected to showcase growth at a CAGR growth of 6.0% over the forecast period.
• Based on various indications, central nervous systems disorders hold the highest market share of 1% of the market share in 2021 and are projected to dominate throughout the forecast period.
• In terms of end-user, the big pharma companies are expected to register a CAGR of 5.1% in upcoming years.
• North America is slated to be the leading region with a value share of 1% at the end of the forecast period.

 “Growing prevalence of chronic disorders and Rising needs for novel drug formulation in the pharmaceutical sectors is expected to witness the growth of Drug Formulation Market over the forecast period,” says an analyst of Future Market Insights.

Market Competition

The drug formulation industry’s pharmaceutical and biotech businesses are concentrating on leveraging market potential by implementing mergers and acquisitions strategies. The trend continues as a result of the effective marketing campaign of novel and innovative drug formulation portfolios following strategic partnerships, acquiring their place in the market. The key techniques employed by the manufacturers to extend their business units and customer bases in both developed and emerging economies include strategic collaborations, mergers and acquisitions, production capacity expansions, and expanding product sales.

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For instance,

• The COVID-19 vaccine was developed by Pfizer with the assistance of Sanofi in 2021, and Bayer and CureVac formed a complex cooperation to distribute 160M doses of the vaccine by 2022.
• The German mRNA CDMO AmpTec was acquired by Millipore Sigma, the life science division of Merck KGaA. This strengthened offerings across the mRNA value chain, especially for MilliporeSigma, which already supplies lipids to Pfizer-BioNTech for their COVID-19 vaccines. Lipids are the main mode of delivery for mRNA therapeutics.

Want more insights?

Future Market Insights brings a 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 2012 to 2032. The global drug formulation 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 drug formulation market segment based on dosage form – (oral formulations [tablets, capsules, powders and granules, lozenges and pastilles, gummies, and others], parenteral formulation [solutions, suspensions, emulsions for injection or infusion, powders for injection or infusion, and gels for injection implants], topical formulation [pastes, ointments and oils, creams, lotions and foams, gels, tincture and powders and sprays, and patches], and inhalation formulations [pressurized metered dose inhalers (PDI), dry powder inhaler (DPI), and nebulizer]), indication (infectious diseases, cancer, cardiovascular diseases, diabetes, respiratory diseases, central nervous system disorders, autoimmune diseases, gastrointestinal diseases, musculoskeletal disorders, dermatology disorders, and others), and end user (big pharma, small & medium size pharma, and biotech companies) across seven major regions.

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Key Market Segments Covered in Drug Formulation Industry Research

By Dosage Form:

• Oral formulations
  • Tablets
    • Immediate Release
    • Modified Release
    • Chewable
    • Effervescent
  • Capsules
    • Hard Gelatin Capsules
    • Softgel Capsules
    • Others
  • Powders & Granules
  • Lozenges & Pastilles
  • Gummies
  • Others
• Parenteral formulations
  • Solutions
  • Suspensions
  • Emulsions for injection or infusion
  • Powders for injection or infusion
  • Gels for injection implants
• Topical formulations
  • Pastes
  • Ointments and oils
  • Creams, lotions, and foams.
  • Gels, tinctures, and powders
  • Sprays and patches
• Inhalation formulations
  • Pressurized Metered Dose Inhaler
  • Dry Powder Inhaler (DPI)
  • Nebulizer

By Indication:

• Infectious Diseases
• Cancer
• Cardiovascular Diseases
• Diabetes
• Respiratory Diseases
• Central Nervous System Disorders
• Autoimmune Diseases
• Gastrointestinal Diseases
• Musculoskeletal Disorders
• Dermatological Disorders
• Other

By End User:

• Big pharma
• Small & Medium Size Pharma
• Biotech Companies

About Future Market Insights (FMI) 

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

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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The forecast term is expected to see a moderately paced CAGR of 7.7% for the global pupillometer market. The market for pupillometers is currently estimated to be worth US$385.56 Mn in 2023. By the year 2033, it is predicted that the market for pupillometers would reach a peak of US$ 809.56 Mn.

Pupillometer is the portable instrument used for measuring pupil diameter. It is a handheld device that provides pupillary measurements qualitatively by using light stimulus. Pupillometry is a study of the cognitive functions of the pupil. Pupillometer provides pupillary size before/after the light stimulus, neuro papillary index, the percentage change of pupil and velocity of pupil constriction.

Pupillometer is a portable optical scanner that is used to stimulate the eye with light and response is taken as digital images which are analyzed to obtain a measurement of human pupil diameter. Pupillometers are integrated with NPi algorithms that are used to quantify pupillary reactivity. In most of the pupillometers, subjectivity was removed from the qualitative measurement.

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The individual pupil measurements taken from pupillometer were compared against the standard for determination of deviation. Pupillometers are a non-invasive and safe assessment of pupil and it is used mostly in neurological assessment. Most of the pupillometers are used for pupil monitoring and utilizes infrared lights to stimulate the pupil. They can record pupil diameter with a frequency of 5 to 60 HZ for monocular and binocular registration respectively.

Pupillometer Market: Drivers and Restraints

Pupillary reflex is an important factor in the prognosis and management of acute brain injury patients. Neurological assessment is a prerequisite for proper management of brain-related disorders, pupillometers play a vital role in understanding neurology by qualitative assessment of pupils.

Thus, the demand for pupillometer is increasing due to increasing prevalence of neurological disorders. Along with these, advancement of technologies led to the development of next-generation pupillometer which is way advanced than traditional pupillometry. Traditional pupillometry was subjected to parallax error and leads to inconsistencies and invariability. It results in high variation in the measurement of the pupil diameters. To overcome the variation in the measurement of pupil diameter, manufacturers increased the investments in innovation and developed the automatic infrared pupillometers.

Apart from these, raising awareness regarding the role of pupillometers in assessing the neurology qualitative resulted in the high penetration among the end user segment. All these factors fueled the growth of pupillometer market in the past and are expected to do same in near future.

The high cost of pupillometers affected the penetration in emerging countries which has slightly affected the potential growth of the pupillometer market.

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Pupillometer Market: Market Overview

Global Pupillometer market has witnessed a robust growth due to increasing demand for pupillometers in neurological assessment. Even though the cost of the next generation pupillometers is slightly higher than traditional methods, the adoption rate of pupillometers in developed economies is not affected due to the advantages of the instrument. Pupillometer market has a presence of many players which have a huge market share in developed countries operating at the country level. The key players in the pupillometer market are mainly focused on R&D to accelerate the development due to a limited number of innovating companies. The future of Pupillometer market anticipated with double growth rate during the forecast period.

Pupillometer Market: Key Participants

The key participants in the Pupillometer market mainly include:

Neuroptics, Inc., Luneau Technology Operations SAS, U.S ophthalmic LLC, and others. Companies are mainly focused on R&D to strengthen product development.

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 (China, India, ASEAN, Australia & New Zealand)
• 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.

About Future Market Insights (FMI) 

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

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
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As per Future Market Insights’ latest industry analysis, the valuation for the global wheelchairs market was around US$ 5.5 Bn in 2021, and is projected to exhibit growth at a CAGR of close to 3.2% over the forecast period.

Wheelchairs Market Growth Accelerating with Rising Developments in Assistive Technologies. China is set to exhibit a CAGR of nearly 4.3% in the global wheelchairs market during the forecast period. Demand for wheelchairs in Germany is expected to register a growth of 3.0% CAGR over the next ten years.

Utilizing the skills and resources of the public, private, and nonprofit sectors is essential to fostering innovation and removing obstacles to accessibility and affordability for assistive technology (AT). For people to become more economically and civically engaged and to avoid adverse health effects, access to an appropriate wheelchair is essential.

A wheelchair is considered appropriate if it: satisfies the user’s demands and environmental requirements; offers a proper fit with ergonomic adjustment; is safe and reliable; is readily available in the nation; and can be obtained, maintained, and provided with services in the nation at a reasonable price. The usage of a appropriate wheelchair improves users’ mobility and flexibility, which is a requirement for active involvement in civic, professional, and educational activities.

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Wheelchairs are among the most widely used assistive devices. Those who require wheelchairs have mobility limits and may include individuals with congenital abnormality, people with developmental and neurological problems (such as cerebral palsy or muscular dystrophy), people with a spinal cord injury, and people with musculoskeletal conditions (lower limb amputation), people living with physical handicap caused by polio or non-communicable diseases (NCDs) such as diabetes or stroke, and older people.

The wheelchair market is expected to grow as demand is created and consolidated around the best products in terms of effectiveness, features, quality, and cost. Additionally, in order to lower production costs and promote the adoption of strict quality standards, manufacturers and suppliers must collaborate in order to shape the global wheelchairs market for greater revenue sales.

Key Takeaways from Market Study

• Manual wheelchairs are the leading segment as product, and hold approximately 70.5% market share in 2021, owing to their adoption by people with mobility issues, who do not suffer from chronic conditions.
• Lightweight wheelchair segment is set to lead in terms of function for wheelchairs with a projected market share of around 30.0% by 2032, owing to the ease of its use.
• Institutional sales accounted for around 82.2% of the global wheelchairs market, by distribution channel, in 2021, owed to the high adoption of treatment within institutional settings.
• North America is considered as the leading region with a global share of 35.4% in 2021, owed to the large number of available distributors for wheelchairs in the region.

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“Mobility issues associated with ageing are likely to affect older generations, which is predicted to raise demand for wheelchairs and fuel market expansion for wheelchairs over the forecast period,” says an analyst of Future Market Insights.

Market Competition

The market for wheelchairs is highly fragmented, and there exists a number of competitors within the market sphere. Several local producers exist in low and middle-income nations, owing to favorable government regulations, incentives to manufacture locally, and the belief that wheelchairs are a low-tech product.

• Invacare Corporation announced the release of a new, slimmer version of the Invacare® AVIVA® STORM RXTM rear wheel drive power wheelchair in January 2022.
• Sunrise Medical announced the introduction of two new electric wheelchairs in January 2022 for both its adult QUICKIE and pediatric ZIPPIE lines.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the wheelchairs market in its latest study, presenting a historical demand assessment of 2015 – 2021 and projections for 2022 – 2032. The global wheelchairs market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

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Key Market Segments Covered in Wheelchairs Industry Research

By Product:

• Manual Wheelchairs
• Powered Wheelchairs

By Function:

• Standard Transport Wheel Chair
• Self-Propelled Wheel Chair
• Sports Wheel Chairs
• Standing Wheel Chairs
• Recliners Wheel Chairs
• Bariatric Wheel Chairs
• Light-weight Wheel Chairs

By Distribution Channel:

• Institutional Sales
• Retail Sales

By Region:

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

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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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The market for mobile clinics is anticipated to achieve a worth of US$ 2.8 billion by the end of 2022 and to continue growing at a CAGR of 11.3% to reach an estimated valuation of US$ 8.1 billion by 2032.

Rise in demand to provide healthcare facilities in rural remote areas has boost demand for mobile clinics market. Based on clinic type, OPD type mobile clinic is the highest revenue-generating with the highest sales.

Following OPD, diagnostic/screening type mobile clinic is second leading in mobile clinics market. Maternal health mobile clinics are expected to have significant growth during the forecast period with increased awareness.

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Single exam room and double exam room design type mobile clinics hold the majority share in mobile clinics market. Whereas, mobile medical vans generate the highest revenue followed by mobile medical bus for mobile clinics market.

Mobile health clinics market is expected to have significant growth during the forecast period. It helps in attaining Universal Health Coverage by treating isolated groups of society. A mobile clinic is flexible and viable option to overcome lack of healthcare infrastructure issue in rural areas.

Mobile clinics market can reach out to the marginalised population of remote areas that are cut-off from mainstream health services. This concept of Mobile Clinic aims to bring services to the patient rather.

As per World Health Organization norms, public spending on healthcare has to be 2.5-5.0 per cent of the GDP of the country. Whereas, the majority of developing and under-developed countries fail to achieve the target. Regions with poor health infrastructure rely on Mobile clinics market to provide healthcare services covering a maximum of its population.

With the incidence of COVID-19 across the globe, the demand for mobile clinics market has drastically increased. Mobile clinics are used for diagnostics and screening purpose amid coronavirus to cover the maximum population of the country.

Lockdown has been implemented in several countries to restrict the movement of citizens, mobile clinics market is working towards providing necessary healthcare facilities to the population.

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Mobile Clinics Market: Drivers and Restraints

Mobile clinics market provides innovative healthcare delivery solution covering the maximum population of the region creating demand for the market. Increased prevalence of chronic diseases in rural and remote areas lead to a rise in demand for mobile clinics market.

Implementation of government schemes for screening and chronic disease management in rural areas will propel mobile clinic market growth in the coming decade. Portable nature of mobile clinic is one of the key factor driving the market growth.

Limited patient catering capacity restraints mobile clinics market growth. The mobile clinic can cater to a specified number of equipment and treatment options, challenging market growth.

Mobile Clinics Market: Region-wise Outlook

North America will continue to dominate mobile clinics market during the forecast period due to higher healthcare expenditure. Europe is the second leading region in mobile clinics market due to government initiatives to make healthcare accessible, hence increasing demand for the mobile clinic.

Asia-Pacific region is expected to have the highest CAGR during the forecast period. Mobile clinics market has higher demand with increased product penetration and a huge percentage of the rural area without basic health facilities in the Asia-Pacific region. Whereas, the Middle East and Africa are still an untapped region for Mobile Clinics Market.

Mobile Clinics Market: Key Market Participants

Major players in mobile clinics market include

• MedicalExpo
• ADI Mobile Health Inc.
• Phoenix Modular
• LifeLine Mobile
• Medical Coaches Inc.
• Odulair LLC
• Matthews Specialty Vehicles Inc.
• EMS Mobile Sistemler
• Johnson Medical
• Mobile Healthcare Facilities
• GE Healthcare
• Farber Specialty Vehicles
• CVR Industries
• Kentucky trailer technologies
• Amtex Corporation
• Phoenix Modular
• MinFound Medical Systems
• Independent Modular Builders Alliance

The research report on mobile clinics market presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

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It also contains projections using a suitable set of assumptions and methodologies. The research report on mobile clinics market provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

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

Mobile Clinics Market: Segmentation

By clinic type:

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

By design layout:

• Single exam room
• Double exam room
• Triple exam room

By vehicle type:

• Mobile medical vans
• Mobile medical train
• Mobile medical bus
• Mobile medical shipping containers

About Future Market Insights (FMI) 

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

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
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As per Future Market Insights’ latest industry analysis, the valuation for the global wheelchairs market was around US$ 5.5 Bn in 2021, and is projected to exhibit growth at a CAGR of close to 3.2% over the forecast period.

Wheelchairs Market Growth Accelerating with Rising Developments in Assistive Technologies. China is set to exhibit a CAGR of nearly 4.3% in the global wheelchairs market during the forecast period. Demand for wheelchairs in Germany is expected to register a growth of 3.0% CAGR over the next ten years.

Utilizing the skills and resources of the public, private, and nonprofit sectors is essential to fostering innovation and removing obstacles to accessibility and affordability for assistive technology (AT). For people to become more economically and civically engaged and to avoid adverse health effects, access to an appropriate wheelchair is essential.

A wheelchair is considered appropriate if it: satisfies the user’s demands and environmental requirements; offers a proper fit with ergonomic adjustment; is safe and reliable; is readily available in the nation; and can be obtained, maintained, and provided with services in the nation at a reasonable price. The usage of a appropriate wheelchair improves users’ mobility and flexibility, which is a requirement for active involvement in civic, professional, and educational activities.

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Wheelchairs are among the most widely used assistive devices. Those who require wheelchairs have mobility limits and may include individuals with congenital abnormality, people with developmental and neurological problems (such as cerebral palsy or muscular dystrophy), people with a spinal cord injury, and people with musculoskeletal conditions (lower limb amputation), people living with physical handicap caused by polio or non-communicable diseases (NCDs) such as diabetes or stroke, and older people.

The wheelchair market is expected to grow as demand is created and consolidated around the best products in terms of effectiveness, features, quality, and cost. Additionally, in order to lower production costs and promote the adoption of strict quality standards, manufacturers and suppliers must collaborate in order to shape the global wheelchairs market for greater revenue sales.

Key Takeaways from Market Study

• Manual wheelchairs are the leading segment as product, and hold approximately 70.5% market share in 2021, owing to their adoption by people with mobility issues, who do not suffer from chronic conditions.
• Lightweight wheelchair segment is set to lead in terms of function for wheelchairs with a projected market share of around 30.0% by 2032, owing to the ease of its use.
• Institutional sales accounted for around 82.2% of the global wheelchairs market, by distribution channel, in 2021, owed to the high adoption of treatment within institutional settings.
• North America is considered as the leading region with a global share of 35.4% in 2021, owed to the large number of available distributors for wheelchairs in the region.

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“Mobility issues associated with ageing are likely to affect older generations, which is predicted to raise demand for wheelchairs and fuel market expansion for wheelchairs over the forecast period,” says an analyst of Future Market Insights.

Market Competition

The market for wheelchairs is highly fragmented, and there exists a number of competitors within the market sphere. Several local producers exist in low and middle-income nations, owing to favorable government regulations, incentives to manufacture locally, and the belief that wheelchairs are a low-tech product.

• Invacare Corporation announced the release of a new, slimmer version of the Invacare® AVIVA® STORM RXTM rear wheel drive power wheelchair in January 2022.
• Sunrise Medical announced the introduction of two new electric wheelchairs in January 2022 for both its adult QUICKIE and pediatric ZIPPIE lines.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the wheelchairs market in its latest study, presenting a historical demand assessment of 2015 – 2021 and projections for 2022 – 2032. The global wheelchairs market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

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Key Market Segments Covered in Wheelchairs Industry Research

By Product:

• Manual Wheelchairs
• Powered Wheelchairs

By Function:

• Standard Transport Wheel Chair
• Self-Propelled Wheel Chair
• Sports Wheel Chairs
• Standing Wheel Chairs
• Recliners Wheel Chairs
• Bariatric Wheel Chairs
• Light-weight Wheel Chairs

By Distribution Channel:

• Institutional Sales
• Retail Sales

By Region:

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

About Future Market Insights (FMI) 

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

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs