Market Research Blog – Page 9222 – New Product Development

Quadriplegia Treatment Market 2022: Advanced Research and Development Process Strategies

In 2022, the Quadriplegia Treatment Market size is anticipated to be worth US$1,468.4 million. The global demand for quadriplegia therapy is anticipated to reach around US$ 2,324.4 Million by 2032, growing at a CAGR of 4.7% between 2022 and 2032.

The demand for quadriplegia treatment will progressively rise, which will provide manufacturers with numerous favorable development opportunities in the near future.

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Key Drivers of Quadriplegia Treatment Market

Quadriplegia is caused by spinal cord injury which is caused due to trauma at the base of the neck or skull. Some of the common causes of quadriplegia, otherwise known as tetraplegia are paralysis after any accident, tumors of the spinal cord or other spinal cord diseases. The injury to the spinal cord may cause partial or total limb paralysis.

According to 2020 data sheet of Spinal Cord Injury Statistics, it was estimated that approximately 17,810 new cases of spinal cord injuries occur every year in the U.S. Some of the reasons for quadriplegia include stroke, vehicular accidents, falls, violence, sports, medical or surgical causes and others.

According to WHO statistics, published in June 2021, 20-50 million people suffer from road traffic accidents every year which lead to non-fatal injuries yet permanent disabilities to them. With the increasing rate of road traffic accidents, the demand for quadriplegia treatment is set to show a positive growth over the forecast period.

Recent technological advancements and various R&D activities in the field of quadriplegia treatment are one of the leading causes which will boost the demand for this market in forthcoming years. There is an increased level of awareness amongst the patients suffering from spinal cord injuries about various treatment options available to improve their quality of life. This is another factor which will propel the demand for various treatments for quadriplegia during the forecast market.

Electrical Stimulation: Revolutionary Technique that Got Quadriplegic People Back on their Feet.

Electrical stimulators which were originally designed to treat chronic pain helped more than a dozen patients with quadriplegia to wiggle their toes, flex their legs or even walk with support.

This was a revolutionary technique which was conducted in the lab of University of Louisville in Kentucky. Electrical stimulation thus made promising and huge gains for people with paralysis wanting to regain their functionalities. The study was published in July 2019, after which thousands of patients have enrolled in the wait lists for the electrical stimulation technique.

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Key player of Quadriplegia Treatment Market

Major manufacturers of medications needed to treat quadriplegia are

Merck & Co.
Sanofi Pharmaceuticals
Baxter International
Zydus Cadila
GlaxoSmithKline
AstraZeneca
Cipla
Johnson & Johnson
Bristol Myers Squibb Co.
Eli Lily & Co.
Teva Pharmaceuticals
Takeda Pharmaceutical Co Ltd
Hoffmann La Roche
Sun Pharmaceuticals.

In November 2020, Pfizer and Mylan announced the merger of Pfizer’s Upjohn generics unit and Mylan. This deal was a part of restructuring drive at Pfizer, which was aimed for stronger foothold in the innovative medicines division of the company.

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Key Segments

By Treatment Type:

Corticosteroids
Non- Steroidal Anti-inflammatory Drugs (NSAIDs)
Antidepressants
- Selective serotonin reuptake inhibitors (SSRIs)
- Serotonin and norepinephrine reuptake inhibitors (SNRIs)
Anticonvulsants
Narcotic Analgesics
Antispasmodics & Muscle Relaxants
Antibiotics

By Route of Administration:

Oral
Intravenous
Others

By Distribution Channel:

Hospital Pharmacies
Retail Pharmacies
Drug Stores
Online Stores

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Proteomics Market 2022: Industry Dynamics, Growth, Segmentation and Competition Analysis 2032

In 2022, the global proteomics market size was estimated to be around $30,825.04 million. Proteomics demand is anticipated to reach US$ 109,485.7 Million by the end of 2032, growing at a strong CAGR of 13.5% between 2022 and 2032.

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The proteomics market has grown substantially at a healthy CAGR due to growing need for personalized medicine and rising funds for proteomics research. With rapid technological advancement and innovation, proteomics market is expected to grow globally. North America is the largest market for proteomics market and Asia Pacific would be the fastest growing market in the forecast period.

Proteome is an entire set of proteins which is produced by a system or an organism. It can vary with different time, requirements, stresses, that an organism goes through. Proteomic is a systematic study of proteins on a broader way. Since proteins are the functional units of cells, hence proteomic answers all the questions related to it.

Proteomics research can be enhanced by advances in mass spectrometry and protein and DNA sequence database. Proteomics requires various instruments, equipment’s, reagents, media and software’s for protein identification, quantification and identification of the interaction between proteins.

Proteomics Market: Drivers & Restraints

Growing demand for personalized medicine market, technological advancement, innovation, increase availability of funds from both private and public sector for proteomics increasing healthcare expenditure, increasing genetic disorders, birth disorders are the most important driving factors in proteomics market.

Since growth of pharmaceutical and biopharmaceutical market is fast, the demand for proteomics market has increased. With so many advantages and splendid features of proteomics, it has few disadvantages too. High cost of the medicines and devices and lack of professional researchers are acting as a barrier for proteomics market.

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Proteomics Market: Regional Outlook

The proteomics market is expected to register a double-digit CAGR for the forecast period. Depending on geographic regions, proteomics market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. North America is the largest market for proteomics market and is contributing the most as compare to other regions. Asia Pacific is the fastest growing region in the forecast period.

Proteomics Market: Top Players

Some of the key market players proteomics market are Agilent Technologies, Thermo Fisher Scientific Inc., Danaher Corporation, Genzyme Corporation, GE Healthcare, Bio-Rad Laboratories, Inc., Affymetrix Inc.

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 and applications.

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Proteomics Market: Key Segmentation

By Equipment :

Chromatography
Mass Spectroscopy
Protein Microarray
X-ray Crystallography
Protein fractionation
Others

By Services:

Laboratory Service
Data Analysis and Services

By Application:

Drug discovery
Clinical Diagnosis
Others

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Sphingolipids Market Segment Overview, Regional Analysis and Forecast 2022-2032

As per Future Market Insights’ latest industry analysis, the valuation for the global Sphingolipids Market was around US$ 564.0 Mn in 2021 and is projected to exhibit a CAGR growth of close to 5.1% over the forecast period, with an estimated valuation of US$ 991.8 Mn in 2032.

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The global market for sphingolipid products is expanding rapidly as a result of rapid molecular and biological customization in the sphingolipid components/ formulations and the increasing prevalence of cardiovascular diseases worldwide coupled with an elderly population. During the forecast period, the market is anticipated to be driven by an increase in the use of natural, synthetic, and semi-synthetic sphingolipids and monomers in the creation of various pharmaceutical formulations.

As the sphingolipids market is not reaching its potential as per the asked demand, due to unexplored benefits of sphingolipids in the healthcare sector, and the side effects of the consumption of sphingolipids inappropriately, the companies are introducing novel sphingolipids components/formulations with minimal side effects at reasonable costs.

This factor might significantly improve the adoption and consumption of pharmaceutical sphingolipids. The rising product launches and approvals are expected to contribute to the market growth over the forecast period too.

Key Takeaways from Market Study

Sphingomyelin is the leading segment as a product and holds approximately 29.0% market share in 2021, due to its anti-cancer, bacteriostatic, and cholesterol-lowering characteristics.
Synthetic sphingolipids are the leading segment by source, and held about 38.4% market share in 2021, owing to their potential as therapeutic prospects for treating a range of medical problems.
Conventional lipid-based drug delivery systems (LBDDS) is the leading segment in terms of application holding about 61.9% of the market share, as compared to traditional tablets or powder-filled capsules, as they can improve bioavailability and reduce dissolving rate-limited absorption because of their pharmacological composition in a solubilized condition.
Semi-solid form of sphingolipids is the leading form as of 2021, withholding about 61.3% of the global market share, owing to the property of reduced adverse side effects when a high drug load is applied to the area where the medication is actually required.
Pharmaceutical companies are the leading end users of the global market as of 2021, withholding about 35.5% of the market share, because of increased outsourcing, innovative modalities, and creative patient outreach tactics.
By region, North America is leading in the global sphingolipids market and is expected to continue to do so with a projected CAGR of 5.4% during the forecasted years.

“Rising initiatives to promote health benefits of sphingolipids products, as well as the increasing ongoing research and development in modifying novel sphingolipids formulations is set to propel the market of sphingolipids across the globe,” says an analyst of Future Market Insights.

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Market Competition

Companies are actively working to increase their market share in this industry by forming strategic agreements to diversify their respective service offerings and sphingolipid production capacities.

In January 2022, Pfizer and Acuitas Therapeutics reached an agreement on Lipid Nanoparticle Delivery System for mRNA vaccines and therapeutics.
June 2022: To support customers’ scientific research, CD Bioparticles, enlarged its lipid system portfolio and introduced a number of Sphingolipids products. With the addition of Phosphosphingolipids, Ceramides, Sphingolipid Metabolism, Sphingosines, Glycosphingolipids, Phytosphingosine, and Sphingomyelin, researchers now have more options to choose from and employ in lipid system applications.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the sphingolipids market in its latest study, presenting a historical demand assessment of 2012 – 2021 and projections for 2022 – 2032.

The research study is based on the product (ceramide, sphingomyelin, glucosylceramide (GlcCer), lactosylceramide (LacCer), ganglioside GM3, and Other), source (synthetic, semi-synthetic, and natural), application (conventional lipid-based drug delivery systems (LBDDS), self-emulsifying drug delivery systems (SEDDS), self-micro emulsifying drug delivery systems (SMEDDS), liposomes, solid lipid nanoparticles, nanostructured lipid carriers, and others), form (liquid, semi-solid, and solid), and end user (pharmaceutical companies, biopharmaceutical companies, academics, and research institutes, and others), across seven key regions of the world.

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Future Market Insights facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you in devising innovation-driven trajectories for your business. Know more about our sector coverage here.

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Key Segments Covered In Sphingolipids Industry Research

By Product:

Ceramide
Sphingomyelin
Glucosylceramide (GlcCer)
Lactosylceramide (LacCer)
Ganglioside GM3
Other

By Source:

Synthetic
Semi-synthetic
Natural

By Application:

Conventional Lipid-based Drug Delivery Systems (LBDDS)
Self-Emulsifying Drug Delivery Systems (SEDDS)
Self-Microemulsifying Drug Delivery Systems (SMEDDS)
Liposomes
Solid Lipid Nanoparticles
Nanostructured Lipid Carriers
Others

By Form:

Liquid
Semi-solid
Solid

By End User:

Pharmaceutical Companies
Biopharmaceutical Companies
Academics and Research Institutes
Others

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Teledentistry Market Trends: Development is Changing Business Needs

During the forecast period 2022-2032, the Teledentistry Market is expected to grow at a value of 16.3% CAGR, according to Future Market Insights. By the year 2032, the global market for teledentistry is expected to rise up to a market valuation of US$ 6.5 Billion.

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The increasing penetration of the internet and smartphones in dental applications is one of the primary factors augmenting the industry growth. Furthermore, the rising geriatric population and the growing adoption of teledentistry solutions among them due to their convenience and cost-effectiveness are the key factors expected to fuel the industry growth during the projected period.

To curb the spread of the COVID-19 pandemic, the government of various countries declared complete lockdowns and travel restrictions, thereby halting the majority of dental procedures. Dentists around the world incorporated several measures to help minimize infection transmission and continue dental practices. One of the major measures was the use of virtual dentistry. These enabled patients to benefit from dental care by remotely consulting with top dentists. In addition, the support from the government in implementing virtual dental practices is enhancing the usage of teledentistry among people. Hence, the COVID-19 pandemic has significantly impacted industry growth.

Major players in the market are investing in many strategic initiatives, such as acquisitions, mergers, partnerships, and software launches, to maintain a competitive edge in the market. In addition, the leaders in the market are collaborating with each other to enhance the teledentistry solution portfolio.

Key Takeaways from the Market Study

By end use, the providers segment is expected to dominate the market and account for a revenue share of over 45% in 2022
By application, teleconsultation segment is expected to possess 55% market share in 2022.
By application, remote patient monitoring segment is anticipated to register the fastest CAGR of 16.6% from 2022 to 2032
By delivery mode, cloud-based segment is expected to possess 65% market share in 2022.
By component, software and services to account for 73% of total revenue
Asia Pacific is expected to possess 35% market share for teledentistry market in 2022.
North America is expected to possess 40% market share for teledentistry market in 2022.

“The COVID-19 pandemic played a key role in shaping the landscape for teledentistry market. Moreover, the integration of technology for dental care is driving the growth of the market.” comments a Future Market Insights analyst.

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Competitive Landscape

For instance, in January 2022, Dentulu, Inc. announced its partnership with Independa, a health hub that provides easy-to-use video chat solutions. This was initiated to enhance teledentistry services via LG television for better patient convenience.
Koninklijke Philips N.V.’s Sonicare teledentistry platform comprises an electric brush as dental hardware that enables people to self-monitor their dental health.

Key Companies Profiled:

Koninklijke Philips N.V.
Align Technology, Inc.
SmileDirectClub
MouthWatch, LLC
Dentulu, Inc.
Denteractive Solutions Inc.
Toothpic
Smile Virtual LLC
Virtudent, Inc.
Straight Teeth Direct

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global teledentistry market, presenting historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of componenet (software & services and hardware), delivery mode (Cloud-based and Web-based), by application (Tele-consultation, Remote Patient Monitoring, Education & Training), by end use (Providers, Patients, Others) and regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

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Key Segments Profiled in the Teledentistry Industry Survey

Teledentistry by Component:

Software & Services
Hardware

Teledentistry by Delivery Mode:

Cloud-based
Web-based

Teledentistry by Application:

Tele-consultation
Remote Patient Monitoring
Education & Training

Teledentistry by End Use:

Providers
Patients
Others

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Stethoscope Hygiene Devices Market Insights, Innovations and Business Outlook till 2032

The market for Stethoscope Hygiene Devices is estimated to be worth US$ 47.4 Mn in 2022, according to Future Market Insights’ most recent industry analysis. Over the course of the forecast period, the market is expected to grow at a CAGR of nearly 6.8%, with an estimated US$ 91.4 Mn in valuation in 2032.

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The stethoscope hygiene devices market is growing due to the rising demand for stethoscope use due to increasing geriatric population. The need for sophisticated stethoscopes has increased due to the rise in the number of elderly people seeking primary diagnoses for a variety of chronic illnesses.

According to the CDC, it is known that adults over 65 have a higher risk of getting serious health issues like heart disease, the flu, chronic obstructive pulmonary disease, asthma, and other disorders.

The World Ageing 2019 report estimates that there were around 703 million adults worldwide in 2019 who were 65 years of age or older. In 2050, this number is projected to double to 1.5 billion. This important factor will lead to increased use of the device and can further lead to need to maintain proper stethoscope hygiene, which will help the market in receiving a boost.

This market is constrained by a knowledge gap about stethoscope disinfection and a lack of experience in this area. This knowledge gap provides a potential to avenue to be improved upon to contribute towards maintaining proper stethoscope hygiene by creating awareness about it.

These factors will prove to be important, as rise in use of stethoscopes will lead to the increased demand and production of stethoscope hygiene devices, and hence provide lucrative outlook for growth for the market.

Key Takeaways from Market Study

Desk-top stethoscope hygiene device is the leading segment as product, and holds approximately 6% market value share in 2021, owing to their widespread availability in the market and limited availability of wearable stethoscope hygiene devices.
UV segment is set to lead in terms of technology of stethoscope hygiene devices, with a market value share of around 3% in 2021 because UV is widely used for disinfection of all different kinds of things like surface disinfection, etc. as these rays are known for killing the microorganism present on the contaminated object.
In 2021, hospitals hold the largest market share value at 6%. This segment has become a dominating fragment due to the abundance and diversity of healthcare professionals in the market.
South Asia is considered the one most lucrative region with growth at a CAGR of 6% at the end of the forecast period, owing to the presence of market-specific products from India that have been launched recently.

“Rising demand for stethoscope use due to increasing geriatric population, and rising rates of nosocomial infection proliferation, are set to propel the sales of stethoscope hygiene devices across the globe,” says an analyst of Future Market Insights.

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Market Competition

There are only a few new and existing players operating in the stethoscope hygiene devices market, which is highly concentrated. For the purpose of capturing that market, businesses are launching new products in various geographical locations.

In 2020, Vioguard launched Cubby Plus UV-C disinfecting chamber with application at home as well as in healthcare facilities.
On February 15, 2021, the Indian business Xech introduced the first stethoscope steriliser in the country, the Xech Sterostet, which sterilises stethoscope diaphragms of all sizes using specialised UV-C GI technology.

Key Companies Profiled

LightProgress/egoHealth
Xech
Your First Services Inc.
Vioguard
Edmund Optics
Parsons
UV Smart
Tangshan UMG Medical Instrument Co., Ltd.

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Key Market Segments Covered in Stethoscope Hygiene Devices Industry Research

By Product:

Wearable
Desk-Top

By Usage:

UV
Glass Plasma

By End User:

Hospitals
Clinics
Academic & Research Institutions
Ambulatory Care Centres
Others

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Dentures Market Upcoming Trends and Analysis Report 2022-2032 | Future Market Insights

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.

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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.

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 39.4% 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 76.5% in 2021, as many individuals find complete dentures to be tolerable in terms of functionality and appearance.
By usage, removable dentures account for around 63.4% 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 7.8% 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 39.8% 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 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

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the dentures market in its latest study, presenting a historical demand assessment of 2012 – 2021 and projections for 2022 – 2032. The global dentures market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

The research study is based on the material (acrylic, metal, and others), type (complete, and partial), usage (removable, and fixed), and end user (dental clinics, hospitals, and dental group practices), across seven key regions of the world.

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Surgical Suction Instruments Market Size is set to Grow at a Remarkable Pace in the Coming Years

Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Surgical Suction Instruments Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as along with the key takeaways over the forecast.

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The team of analysts at Future Market Insights are focussing on research and market study to produce different Surgical Suction Instruments Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Surgical Suction Instruments Market.

Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are: Cardinal Health, Medline Industries, Inc., Allied Healthcare Products, Amsino International Inc., Applied Medical Resources Corp., Bel-Art Products, Busse Hosp.

Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:

Based on product type, Surgical Suction Instruments market is segmented into following:

Retractor
- Handheld retractor
- Self-retaining retractor
Skin Hooks
Needle Holder
Chisels
Gouges

Based on usability, Surgical Suction Instruments market is segmented into following:

Disposable
Reusable

Based on end user, Surgical Suction Instruments market is segmented into following:

Hospitals
Cardiac Cath Laboratories
Ambulatory Surgical Centers
Specialized Clinics

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Product Segmentation

The investigation offers a top to bottom evaluation of different clients’ journeys pertinent to the market and its segments. The study endeavours to assess the current and future development possibilities, undiscovered roads, factors that shapes their income potential in the global market by breaking it into di such as its types, applications, and region-wise assessment.

By Regional Analysis Covered

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

Full in-depth analysis of the parent market

The analysts at FMI are dedicated to provide insights after extensive research and study. The study also includes estimations, projections and evaluation of the market dynamics.

Important changes in market dynamics

The report has been created after detailed and exhaustive studies by the analysts at FMI taking several factors into consideration like monetary, ecological, social, mechanical, and political status of a particular demography. They study the key data to assess the revenue and production of manufacturers across various regions. The report also covers an in-depth analysis of the key changes in market dynamics in the recent past and the near future.

Segmentation details of the market

Former, on-going, and projected market analysis in terms of volume and value
Assessment of niche industry developments
Market share analysis
Key strategies of major players
Emerging segments and regional markets

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Queries Solved

What is the size of the overall Surgical Suction Instruments Market in the Healthcare Industry and its segments?
What are the key segments and sub-segments in the market?
What are the key drivers, restraints, opportunities, and challenges of the Surgical Suction Instruments Market in the Healthcare Industry, and how they are expected to impact the market?
What are the attractive investment opportunities within the Surgical Suction Instruments Market in the Healthcare Industry?
What is the Surgical Suction Instruments Market in the Healthcare Industry size at the regional and country-level?
What are the key market players focusing on?
What are the strategies for growth adopted by the key players in Surgical Suction Instruments Market in the Healthcare Industry?
What are the recent trends in Surgical Suction Instruments Market in the Healthcare Industry? (M&A, partnerships, new product developments, expansions)?
What are the challenges to the Surgical Suction Instruments Market in the growth of the Healthcare Industry?
What are the key market trends impacting the growth of the Surgical Suction Instruments Market in the Healthcare Industry?

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Table of Content

Executive Summary
Market Overview
Key Success Factors
Global Surgical Suction Instruments Market – Pricing Analysis
Market Background

Reasons to Buy the report

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

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Orthopedic Prosthetic Devices Market | Analysis and Opportunity Assessment 2022-2032

The Orthopedic Prosthetic Devices Market is projected to register a CAGR of 4.7% during the forecast period, up from US$ 1.9 Bn in 2019 to reach a valuation of US$ 2.8 Bn by 2027

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Orthopedic Prosthetics are an external mechanical devices that replaces a missing body part in the skeletal system. Its acts as a prevention or correction of injuries or disorders of the skeletal system and associated muscles, joints and ligaments. An orthopedic prosthetic devices are medical devices manufactured to replace a missing joint or bone or to support a damaged bone by the help of artificial body parts.

The orthopedic prosthetic devices are mainly used to overcome from the traumatic injury, congenital condition or disabling illness. This devices helps the individuals who experience an upper limb/extremity amputation, are missing not only a limb, but also a sophisticated tool for daily living.
More than 10 million people are living with amputees. Incidence of amputation is around 1.5 per 1000 population. Approximately 185,000 amputations occur in the United States each year.

Orthopedic Prosthetic Devices Market: Drivers and Restraints:
Presently, orthopedic prosthetic devices global market is driven by technological advancement, increasing in the number of incidence of disabilities, growing rate of chronic and lifestyle disease.

Orthopedic prosthetic devices global market is driven by the increased focus on improving quality of life, rapid innovations in production and modeling technologies, growing awareness towards orthopedic ailments and rise in sports injuries. However, growing healthcare budget, poor healthcare reimbursement and payment models, and consolidation of market leaders act as a major barrier for the growth of this market.

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Orthopedic Prosthetic Devices Market:

Overview:

With rapid innovations in production and modeling technologies and growing awareness towards orthopedic ailments and rise in sports injuries. The orthopedic prosthetic devices global market is expected to have a healthy growth rate in the forecast period (2015-2025).

Orthopedic Prosthetic Devices Market: Region-wise Outlook:

Depending on geographic region, global orthopedic prosthetic devices market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.

North America held largest share in the global orthopedic prosthetic devices market followed by Europe and Asia Pacific. The developing nations in Asia pacific, Middle East and Africa hold huge potential for growth in the global orthopedic prosthetic devices market, owing to developing economies and technological advances.

Orthopedic Prosthetic Devices Market: Key Players:

Some of the key participating major global players in this market are Hanger Inc., Otto Bock HealthCare GmbH, Endolite Ltd., Touch Bionics Inc., Ossur hf., The Ohio Willow Wood Co., Fillauer LLC., Howard Orthopedics Inc., and others.

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Table of Content

Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Investment Feasibility Matrix

3.5. Value Chain Analysis

3.5.1. Profit Margin Analysis

3.5.2. Service Providers

3.6. PESTLE and Porter’s Analysis

3.7. Regulatory Landscape

3.7.1. By Key Regions

3.7.2. By Key Countries

3.8. Regional Parent Market Outlook

Global Orthopedic Prosthetic Devices Market Analysis 2017-2021 and Forecast, 2022-2032

4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2021

4.2. Current and Future Market Size Value (US$ Mn) Projections, 2022-2032

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

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Medical Terahertz Technology Market Projected to Gain Significant Value through 2022-2032

According to a report published by FMI, the global Medical Terahertz Technology Market will be valued at US$ 135.29 Mn in 2022. It is expected to grow at a CAGR of 17.1% during the forecast period, reaching a value of US$ 768.05 Mn by 2032.

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A fast-growing field of terahertz technology is driving market growth within the pharmaceutical industry because of its applications in biology and medicine, medical imaging, spectroscopy of materials, sensing, security, monitoring, and spectroscopy, as well as applications in sensing, security, monitoring, and spectroscopy.

Furthermore, the Terahertz free-electron laser (FEL) is a powerful and adaptable source of coherent radiation for THz pulsed imaging by its high power and picosecond pulse time structure enabling market growth.

” In the pharmaceutical industry, terahertz technology is a fast-growing field that is driving market growth due to its applications in biology and medicine, medical imaging, material spectroscopy, and sensing, security, monitoring, and spectroscopy, as well as applications in sensing, security, monitoring, and spectroscopy. This will create ample growth opportunities for the market,” says a lead analyst at FMI

Key Takeaways from the Medical Terahertz Technology Market

The global market for terahertz imaging is projected to generate US$ 273.77 Mn by 2032, growing at a CAGR of 23.1%.
It is expected that North America will continue to hold the largest market share and grow at a fast-paced CAGR of 21.6%
Europe may contribute US$ 290.88 Mn to the medical terahertz technologies market by 2032.
The Asia Pacific region is anticipated to witness the fastest growth of the market as China is planning to modernize its economic infrastructure and expand the number of industries

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Competition Landscape in the Medical Terahertz Technology Market

A new generation of entrants to the medical terahertz technology market is leveraging advances in technology to launch enhanced and improved technologies. These companies gain a competitive advantage through the development of these products. The fact that these companies continually invest in research and development activities ensures that they remain up-to-date with consumer preferences as well as industry requirements to remain competitive in the marketplace. They are currently making efforts to strengthen their position in the medical field to gain a stronger foothold.

Acal Bfi Limited, Advantest Corporation, Teraview limited, Luna Innovations Inc., Insight Product Company, and Toptica Photonics AG are some of the key players operating the global medical terahertz technology market.

Recent Developments in the Medical Terahertz Technology Market

Advantest Corporation introduced Euclid, a 3D image viewer for its photoacoustic microscopes, in April 2022. Tomographic images can be easily generated, and 3D images can be displayed automatically by superimposing data from a Hadatomo tool about skin melanin, vascular network, and skin structure. This product is used in dermatological research for both beauty and health care.
TeraSense announced its IMPATT-based generator, a powerful wave source with an output power of 0.08 watts to 1.8 watts, in April 2022.
Researchers at the Korea Institute of Science and Technology (KIST) researched the use of label-free THz metamaterials for rapid and accurate discrimination of Covid-19 virus variants in February 2022. In this form of virus detection known as biomarker detecting technology, label-free THz metamaterials are used to detect Covid-19 virus protein units.
Menlo Systems opened a branch in China in October 2021, Shanghai Menlo Systems Quantum Laser Technology Co., Ltd. The company will be able to strengthen its position in the vibrant photonics market in China as a result. A range of ultra-stable lasers, terahertz systems, and femtosecond lasers are available from Menlo Systems.

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Medical Terahertz Technology Market by Category

By Type, Medical Terahertz Technology Market is Segmented as:

Terahertz Imaging
Terahertz Spectroscopy

By Application, the Medical Terahertz Technology Market is Segmented as:

Dentistry
Oncology
Dermatology
Tomography
Biochemistry
Other

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HPV Testing and Pap Test Market Advancements and Technological developments 2022-2032

The Global HPV testing and Pap Test Market was valued at US$ 2.2 Bn in 2021 and is expected to reach US$ 15 Bn by 2032, finds Future Market Insights (FMI) in a recent market survey. As per the findings of the report, Pap Testing will remain pivotal for the market as the bulk of revenue will be generated through this category, with a forecasted CAGR of 17.5%. Official strategies and policies, such as the WHO global strategy for cervical cancer elimination, are expected to boost demand for testing. New technologies, government programs, and awareness drives will help boost demand in even low-resource areas.

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Cervical Cancer Screening to Continue being the key application for HPV and Pap Test Revenue

Vaginal Cancer cannot be detected with a Pap or HPV tests on their own. They can, however detect cervical cancer and HPV, and pre-cancerous conditions. This is useful since the presence of these can be precursors to cervical cancer.

The US to Command the Larger Proportion of HPV testing and Pap test consumption in the Analysis Period

The US contributed the most to the demand for HPV and Pap Tests. The ACS recommends screening women over 25 at recommended intervals of time. There are also programs that provide free or cheaper testing to women such as the NBCCEDP by the CDC.

HPV testing and Pap Test Market: Competition Insights

HPV Testing and Pap Test providers are focused on increasing the efficiency, accuracy and affordability of their tests and harnessing new technology. The key companies operating include Abbott Laboratories, Qiagen N.V., Becton, Dickinson and Company, Quest Diagnostics, Inc., Hologic, Inc., F. Hoffmann-La Roche, Femasys, Inc., Arbor Vita Corporation, NURX, Inc., Seegene, Inc., Thermo Fisher Scientific. Inc., bioMérieux SA

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Some of the recent developments in HPV Testing and Pap Test are as follows:

In June 2022, F. Hoffmann-La Roche AG, a Switzerland-based healthcare pharmaceutical and diagnostics company announced the launch of a self-sampling solution, via which patients can collect samples privately at a healthcare facility under instructions and have them analyzed. The aim of enabling self-collection was to provide an alternative to the usual invasive clinician-based collection process.
In May 2022, Alercell, Inc, a molecular diagnostics company and provider of diagnostics announced it’s HPV DNA based test kit: “Meltpro HPV genotype test”. It is based on DNA sequencing analysis. The use of a PCR machine eliminates the risk of human interpretation and provides faster results, taking under three hours.
In June 2022, Operating in the oncology healthcare sector, Karkinos Healthcare developed CerviRaksha, a clinically validated HPV test, pre-qualified and approved by the World Health Organization (WHO) and the United States Food and Drug Administration (FDA). It was also granted the CE mark and bears the CE mark. Samples are collected at home and results are provided by email. The HPV-16 and HPV-18 genotypes are distinguished individually, and false positives are filtered.
In May 2022, The London School of Hygiene and Tropical Medicine and the University of Manchester, and the University of Hull will collaborate to test for cervical cancer in women of the 65-and-older age group, who are often overlooked despite accounting for over 50% of cervical cancer incidents in the UK. This test will also only require a urine sample, which might encourage women who were opting out of the test to take part.

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More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the HPV Testing and Pap Test Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of by Test Type (HPV Testing, Pap Test), By Application (Vaginal Cancer Screening, Cervical Cancer Screening), By Product Type (Instruments, Consumables, Services), by Technology (PCR, Immunodiagnostics, Other Technologies), across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

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