Market Research Blog – Page 9387 – New Product Development

Dairy Carton Market Innovations, Business Growth, Sales and Research 2029

Dairy Carton Market: Overview

Dairy cartons are primarily used to keep inside dairy products as fresh as possible. These cartons are specifically designed to ensure shelf life and quality of dairy products such as milk, buttermilk, cream, butter, and many others. The market for a dairy carton is gaining significant traction in order to reduce food spoilage and wastage.

The leak-proof dairy cartons further help to avoid spills during transportation. A typical shelf-ready or aseptic dairy carton consists of nearly 74% paper, 22% plastic and 4% aluminium whereas gable top cartons consist of nearly 80% paper and 20% plastic combination for packaging of dairy products. The barrier coatings give additional protection from air and UV rays which further helps to contaminant-free preservation of dairy products.

Dairy cartons are manufactured as per the regulations of the Food and Drug Association (FDA). These cartons are not wax coated therefore it ensures the safety of food and dairy products. The market of the dairy carton is highly competitive where many buyers and sellers are contributing to lucrative growth opportunities of the market. Owing to above mentioned benefits, the market of dairy cartons is anticipated to gain exponential growth in the next decade.

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Dairy Carton Market: Dynamics

Bacteria free preservation of dairy products is the key factor for driving the dairy carton market across several regions. Furthermore, dairy cartons are manufactured from recyclable materials. Ease of recyclability at a minimal cost also drives the market of dairy cartons. Apart from this, dairy cartons are easy to stack and require less space for storage.

Using such cartons, end users are able to transport dairy products safely without spillage. This helps end users to increase their sales through export and enhancing global presence. The dairy cartons are also considered an effective tool for branding and promotions.

The surface quality and lamination ensure good printability which helps the end-users for promoting their products. The expansion of the food and beverage sector is responsible for creating growth opportunities for the dairy carton market.

Changing packaging trends might create a negative impact on the growth of the dairy carton market. Flexible packaging in the form of pouches, flow wraps, and many others are increasingly preferred by the consumers. However, dairy carton is an effective packaging solution for large quantity products.

Dairy Carton Market: Regional Overview

Increasing consumption of dairy products boosting the growth opportunities for dairy carton market. The demand and supply of dairy carton is analyzed in several regional markets which includes the Americas, Europe, Oceania, South Asia, East Asia, and Middle East and Africa. In North America, higher consumption of packed and dairy food leading to more consumption of dairy cartons.

The Canada dairy carton market is estimated to grow with high growth rate compared to the United States market. In Latin America, Brazil dairy carton market is estimated to hold maximum market share during the forecast period. The ready-to-cook and ready-to-eat food trends in European countries also responsible for boosting the global market of dairy cartons.

With the increasing awareness health issues and increasing demand of non-contaminated dairy products, lucrative opportunities are expected for the dairy carton market in Asia Pacific region. The Oceania dairy carton market is anticipated to expand with less growth rate in next five years.

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Dairy Carton Market: Key Players

The market of dairy carton market is dynamic and many key players are participating in the market at regional and global level for significant revenue generation.

The key players of dairy carton market are as follows:

Mondi Group
Amcor Plc
Greatview Aseptic Packaging Company
SIG Combibloc Group
Evergreen Packaging
Tetra Pak
Elopak
Refresco Group N.V.

Apart from this many other players are participating in dairy carton market for revenue generation.

The Dairy Carton market 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, macroeconomic 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.

Regional analysis includes

North America
Latin America
Western Europe
Eastern Europe
East Asia
South Asia
Middle East & Africa (MEA)

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Dairy Carton Market: Segment

The dairy carton market is segmented on the basis of product, coating material, capacity, and closures. The detailed segmentation of dairy carton market is as follows:

On the basis of product, the market is segmented as

Aseptic Carton
Gable Top Carton

On the basis of coating material, the market is segmented as,

Paper
Plastic
Aluminium

On the basis of capacity, the market is segmented as,

Up to 100 ml
101 – 500 ml
501 ml -1000 ml
Above 1000 ml

On the basis of closures, the market is segmented as,

Without closures
With closures
- Screw Caps
- Flip flops

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Conical Top Bulk Bag Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2032

Conical Top Bulk Bag Market Outlook

The global conical top bulk bag market size is expected to reach US$ 3.8 Billion in 2032. Focus on sustainable packaging solutions and the availability of more customized solutions to accelerate the demand for conical top bulk bags in the future.

As per FMI, the global conical top bulk bag market stood at US$2.7 billion in 2022 and is set to exhibit growth at a CAGR of 7.1% in the forecast period from 2022 to 2032.

Demand for cone-shaped top bulk bags is expanding, as the conical top bulk bags are suitable for products with a high answering cone, integrated with lifting loops, which eliminates the need for pallets or secondary packaging for handling. This property of conical top bulk bags can be useful for saving on move and storage costs, which accelerate the sales of cone-shaped top bulk bags.

The sales of conical top bulk bag are high, as it is totally recyclable, which provides them with a top hand in the packaging industry as they are focusing more on sustainable packaging options. Many manufacturers provide accessibility to customization to their users, boosting the conical top bulk bag market share.

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Laminierung and other standard options are also available, enhancing the sales of conical top bulk bag. As conical top bulk bags are usually transported and kept at various services, they can certainly catch attention, which is often used by the conclusion users for cellular advertising their items, promoting the demand for conical top bulk bag.

How Environmental Concerns Drive the Demand for Conical Top Bulk Bag Market?

The adoption of conical top bulk bag is employed due to their filling efficiency, which has many of their considerable properties. The other factors affecting the demand for conical top bulk bags are convenient and faster loading and unloading of enormous amounts by mechanized equipment, fast and successful distribution

As conical top bulk bag are completely recyclable, easy to transport, take less safe-keeping space, mobile advertising, cost-effective, flexible, durable and collapsible, it leads to the sales of the conical top bulk bag.

These benefits contribute to the higher sales of conical top bulk bag within the labelling trade. One of the key reasons would be the rising recognition among consumers and manufacturers regarding environmental issues; this is able to raise the market demand for conical top bulk bag during the forecast period.

What are the Opportunities Prevailing in the Conical Top Bulk Bag Market?

Companies are spending a lot of their revenue on marketing each year in order to boost their annual sales of conical top bulk bag. However, as large bags full of these products are transported and stored at various facilities, they can easily become targets for mobile advertising by the end-users.

Mobile advertising can help the key players target the major portion of the audience who are in high demand for affordable and excellent feature-holding packaging facilities. The government is creating stricter recycling norms to increase the value of the product, and recycling 100% of the product is forecast to have even more conical top bulk bag market share growth in the future.

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What is the Regional Analysis of the Conical Top Bulk Bag Market?

There is expected to be an increase in demand for conical top bulk bags in the Asia Pacific region, specifically in countries like India and China, due to industrialization in those countries. North America is expected to have the most significant market share in the global conical top-top bulk bag market.

The Asia Pacific is expected to be a lucrative market opportunity for the conical top bulk bag due to growing industrialization. It leads to higher revenue due to proliferating sales of the conical top bulk bag.

How Competition Intensifies the Conical Top Bulk Bag Market?

Some of the leading key players in the conical top bulk bag market are ABC Polymer Industries, LLC, Global Pak, and Asia Bulk Sacks Pvt. Ltd, Unovel Industries Pvt Ltd, Manyan Inc., BigBags International Pvt. Ltd., Alpine FIBC Pvt.ltd., Vr Fibc Jumbo Bag Industries, Berry Global, Inc., Lare Fibc LLC, and Bulk Corp International contributing to the substantial conical top bulk bag market share.

In June 2021, Global-Pak teamed up with foil liner manufacturing company 3D Barrier Bags. The company is a manufacturer of a variety of high-barrel cushions made of aluminium barriers.
Conical top bulk bags are under concern for their biodegradability, reuse and recyclability. The demand for conical top bulk bags is expected to increase during the forecast period.

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Key Segments Profiled in the Conical Top Bulk Bag Market Survey

By Liners:

Baffled liner with flanges
Form fit liner with horizontal flanges
Form fit liner with vertical flanges
Form fit with tabs

By Capacity:

From 500 kg to 1 ton
1 ton to 2.5 tons

By Safety aspect ratio:

By End-users:

Food packaging
Chemical packaging
Sand and cement packaging
Construction material packaging
Animal feed packaging

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

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Corrugated Handle Box Market Comprehensive Research Study and Strong Growth in Future 2029

Corrugated Handle Box Market: An Overview

The corrugated handle box carries heavy loads of products with ease and is also light in weight and cheap as compared to other packaging solutions. This box has an inbuilt handle for easy portability, which is commonly made up of plastic. The corrugated handle box is highly durable with printing ability to enhance its appearance and usage.

This box provides product protection and requires an inner component for cushioning such as edge protectors and corrugated inserts, which help ensure the safety of brittle products. The corrugated handle box has perfect designs and sizes to avoid spillage and wastage of products stored.

This box is mostly used in the food industry, consumer goods, cosmetics & personal care, and also in the shipping of products. Manufacturers are using sustainable material over plastics to produce eco-friendly corrugated handle boxes as plastics are the cause of creating landfill issues.

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Corrugated Handle Box Market: Dynamics

The budding retail and food industry is driving the corrugated handle box market. The on-the-go lifestyles of the consumers’ which results in the increased food deliveries are propelling the market for corrugated handle box. Growing e-commerce and the need for a sustainable packaging solution boost the demand for corrugated handle box.

Manufacturers are focusing on the production of recyclable and biodegradable solutions that can hinder the adverse effects of plastic, which can fuel the demand of corrugated handle box. These boxes are majorly made from paper pulp that is a cheap source of material that will cut down the cost of the product hence, attracting consumers for its uptake.

The demand for the box has increased significantly due to its immense size flexibility offered by them. The corrugated handle box is crush resistance and provides adequate strength for stacking in warehouses. Corrugated handle box can be deformed as water, and other types of liquid can saturate it, resulting in the damage of the products stored. Moreover, the handles can be broken if high pressure is applied to the box that can act as a restraint in the demand of corrugated handle box.

Corrugated Handle Box Market: Key Developments

Key players are focusing on product launch to increase their production capacity and product portfolio in a competitive market. Recent developments include the making of biodegradable and attractive packaging solutions. Companies are now able to produce containers that are fit-to-product and highly durable.

In September 2019, CBS Packaging, installed a new state of the art 2.5m BHS Corrugator at our fully integrated plant in Birmingham
In October 2019, GWP Group, a reusable packaging and materials handling specialist, announced the launch of a new returnable packaging system for corrugated boxes.

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Corrugated Handle Box Market: Regional Outlook

Countries like Germany, Belgium, and Sweden in the European region; Japan, China, and Singapore in the Asia Pacific region and the U.S. in the North America region have the highest offerings of logistic services; and therefore, the market for corrugated handle box is expected to rise. The increasing demand for a reliable transportation container that can store a huge amount of products along with being light to carry drives the corrugated handle box market in developing countries such as India, China, etc.

Corrugated Handle Box Market: Key Players

Reid Packaging
Allen Field Company, Inc.
Unicraft
Guangzhou Bosing Paper Printing and packaging Co., Ltd.
GWP Group
WH Skinner
CBS Packaging
Shanghai Forests Packaging Group Co., Ltd.
HOOCING Packaging
Riverside Paper Co., Inc.

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, macroeconomic indicators and governing factors along with corrugated handle box market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Regional analysis includes

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

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Corrugated Handle Box Market: Segmentation

On the basis of material, the corrugated handle box market has been segmented into:

Kraft Paper
Containerboard
Corrugated Board
Recycled Paper
Molded Fiber Pulp
Others

On the basis of capacity, the corrugated handle box market has been segmented into:

< 5kg
5 to 15 kg
> 15 to 30 kg
> 30 to 45 kg
> 50 kg

On the basis of pattern, the corrugated handle box market has been segmented into:

Plain
Printed

On the basis of end use, the corrugated handle box market has been segmented into:

Agriculture industry
Chemical industry
Food and Beverages
Pharmaceuticals and Personal Care
Retail industry
Commercial industry
Other industries

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Spun Yarn Paper Cone Market Future Scenarios, Growth and Analytical Insights 2029

Spun Yarn Paper Cone Market

This Spun Yarn Paper Cone market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study.

This study is one of the most comprehensive documentation that captures all the facets of the evolving Spun Yarn Paper Cone market.

Spun Yarn Paper Cone Market – Overview

The textile industry is witnessing successful development worldwide, generating countless possibilities for the many associated business landscapes such as packaging and textile machinery. The spun yarn paper cone market is one that is strongly based on the general supply in the corresponding geographic areas from the textile industry.

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The best way to sort the textile threads is to maintain them winded over the spun yarn paper cone. This improve fabric processing convenience enormously and also includes the threads of getting entangled. Due to the increasing supply for textile products, general consumption for plastic cones is also anticipated to increase over the projected era in the coming years.

Spun Yarn Paper Cone Market – Dynamics

The spun yarn paper cone market is a market that is tightly dependent on the general demand for the fabric industry in the geographic areas. One of the reason for market growth is the development of end-use industries especially textiles. With new innovations in the textile technology, the global industry of spun yarn paper cone is expected to see favorable growth during this forecast period.

In the textile industry, a successful global growth is taking position, creating innumerable opportunities for the many related landscape such as packaging and textile machinery. Asia Pacific is expected to be the most effective company climate over the forecast period due to large production of green resource and evolving industries in the region.

The spun yarn paper cones can be axially hinged at a place in the cloth manufacturing machine. A part from this, spun yarn paper cones are totally biodegradable and it require low manufacturing cost. On the other hand, the spun yarn paper cone are getting replaced in the textile industry by the spun yarn plastic cones as the spun yarn plastic cones can be used for a long time but it may be the threat of substitute.

Also the use of biodegradable and recyclable spun yarn paper cone is rising to protect the environment from pollution.

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Spun Yarn Paper Cone Market – Regional Outlook

The high availability of the consumer base in Asia-Pacific developing countries, together with the enormous demand for textiles is expected to drive the demand for small spun yarn paper cone market. Overall, the spun yarn paper cone market is forecast to enjoy balance growth in the forecast period.

Asia Pacific region is expected to dominate the global spun yarn paper cone market during the forecast period. Although it is expected that Europe and North America regions is expected to provide a significant market share for spun yarn paper cones. However, Latin America and Middle East & Africa are expected to witness stagnant growth for spun yarn paper cone market during the forecast period.

Spun Yarn Paper Cone Market: Key Players

Some of the players operating in the spun yarn paper cone market are Conitex Sonoco N.V, Tubettificio Senese Srl, Favretto SRL, Jaalouk & Co., Pacific Cones, K.U. Sodalamuthu and Co. Pvt. Ltd. Royal Paper Products, Sunny Texcone India (P) Ltd, Mandahar Mills Pvt. Ltd., Pacific Cones, and many more. Many local and unorganized players are expected to contribute to the spun yarn paper cone market.

The report is the compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the spun yarn paper cone market. The report provides as in-depth analysis of parent market trends, macroeconomic indicators and governing factor along with spun yarn paper cone market attractiveness as per segments.

The report also maps the qualitative impact of various factors on spun yarn paper cone market segments and geographies.

Regional analysis includes

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

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Spun Yarn Paper Cone Market – Segmentation

The spun yarn paper cone market is segmented on the basis of the material type, number of ply and end use.

On the basis of the material type, spun yarn paper cone market has been segmented as follows-

Corrugated Paperboard
Kraft Paperboard
White Line Chipboard
Recycled Paperboard

On the basis of the number of ply, spun yarn paper cone market has been segmented as follows-

Single ply
Multiple ply

On the basis of the end use, spun yarn paper cone market has been segmented as follows-

Textile & Fabrics
Building & Construction
Other End Use

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Cardiac Surgery Devices Market Insights, New Innovations, Research and Growth Factor till 2032

The Global Cardiac Surgery Devices Market is predicted to reach a valuation of US$ 2.4 Bn in 2032, with sales growing at a stagnant CAGR of 3.6% from 2022 to 2032. The target market is expected to reach an estimated US$ 1.7 Bn by the end of 2022. The growing prevalence of cardiovascular diseases have resulted in a heightened demand for cardiac surgery devices in the global market over the forecast period.

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Owing to the many technological progress happening in the industry and the development of cardiac surgery devices as per the patient requirement, the market for the same is likely to experience gradual expansion in the next few years. The rising prevalence of cardiac conditions have resulted in a swell in the demand for the cardiac surgical equipment.

As per a report by WHO, cardiovascular disease is a leading cause of death all over the world. This bodes well for the cardiac surgery device market. Again, many healthcare organizations are concentrating on expanding their facilities, products, and services which further propel the growth of the target market.

Promising investments and initiatives by the government coupled with the launch of upgraded and innovative product lines from manufacturers is expected to augment the sales of cardiac surgery devices at the international level. Governments, particularly in developing countries, are assisting start-ups and MNCs to ensure the growth of the healthcare device sector.

Thus, a rise in government funding for the healthcare sector in countries like Japan, India, and China will foster an environment of growth for the target market at large. Again, a rise in chronic diseases and traumatic injuries in these nations will fuel the growth of the cardiac surgery device market during the assessment period.

“A surge in the market release of the target product coupled with incorporation of cutting-edge technology into the same will propel the market growth of the cardiac surgery devices over the forecast period,” says an FMI analyst.

Key Takeaways:

The expensiveness of cardiac surgery devices along with a strict and extended approval period hinders the growth of the target market.
The cardiac surgery devices market in Germany will grow at a 4.9% CAGR during the forecast period.
In the South Asian market, India’s cardiac surgery devices market will grow at a 2.7% CAGR.
The perfusion disposables segment will account for over 3/5th of the total market sales.
The coronary bypass grafting segment will hold about 61.6% of the global market sales.
Hospital segment will contribute the most to the target market during 2022-2032.

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Competitive Landscape

Abbott Laboratories, Medtronic Plc., Boston Scientific Corporation, Lepu Medical technology Co ltd, LivaNova PLC, Terumo Corporation, Getinge-Maquet Germany Holding GmbH, B. Braun Melsungen AG, C. R. Bard, Inc, Teleflex Incorporated, Angiodynamics, Edwards Lifesciences Corporation, MicroPort Scientific Corporation,, Smith Medical, Abiomed, Inc., Estech, Cook Medical Inc, Braile Biomedica, and Biotronik Inc. among others are some of the major players in the cardiac surgery devices market profiled in the full version of the report.

Many key players are keen on incorporating advanced technology and designs into their product to strengthen their market position. These businesses are releasing upgraded products as well as engaging in mergers and acquisitions to improve their revenue.

More Insights into Cardiac Surgery Devices Market Report

In its latest report, FMI offers an unbiased analysis of the global cardiac surgery devices market, providing historical data from 2012 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of product type (heart lung machine, breathing heart surgery systems (stabilizers, positioners), catheters (ablation catheter, drainage catheter), perfusion disposables (oxygenators, centrifugal pumps, cardioplegia delivery system)), procedure (coronary artery bypass grafting (on pump CABG, off pump CABG), minimally invasive surgery), end user (hospitals, ambulatory surgical centers), and region.

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According to the latest FMI reports, based on segmentation, the perfusion disposables product segment will dominate the market by accounting for more than 3/5th of the target market sales. In terms of procedure, the coronary bypass grafting segment will account for 61.6% of the global market sales while basing on end-user, the hospital segment will lead the market growth over the forecast period.

Based on region, the United States, India, and Germany are some of the nations that will likely experience notable market growth. A heightened demand for cardiac surgeries along with a rising prevalence of cardiovascular diseases and obesity-related cardiac conditions will fuel the growth of the cardiac surgery devices market in the U.S. Owing to the availability cost-effective treatment, the cardiac surgery devices market in India will be offered numerous lucrative opportunities. Germany, too, will register impressive target market growth during the projected period.

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Recent Study Reveals Growth Prospects of Outsourced Testing Services Market During 2022–2032

Outsourced Testing Services Market is set to enjoy a valuation of US$ 36.4 Bn in 2022, and further expand at a CAGR of 7.7% to reach US$ 76.3 Bn by the year 2032. According to the recent study by Future Market Insights, pharma/biopharmaceuticals tests are leading the market with a share of 40.8% in 2021 within the global market.

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According to Future Market Insights’ latest industry analysis, the market size for the global outsourced testing services market was around US$ 34.2 Bn in 2021. It is projected to exhibit a CAGR of 7.7% over the forecast period, with an estimated market size of ~US$ 76.3 Bn in 2032.

The rise in the number of infectious as well as chronic diseases has led to the growth of the overall outsourced testing services market. With increase in such disease conditions, the volumes of testing are also rapidly increasing. The incidence of conditions like cardiac arrests, diabetes, cancer, stroke, and arthritis has been increasing at a higher rate. These cases have become one of the major causes of death globally.

As per the worldwide cancer data from World Cancer Research Fund International, in 2020, there were 18.1 million cancer cases globally. Similarly, as per WHO, 2021 data, around 422 million people around the world have diabetes.

Thus with the rapid growth and high prevalence of these disease conditions, along with increased awareness of the patients, testing services are constantly in demand and increasing in preference.

In addition, with the rise in the number of service offerings for various different tests, the market is rapidly growing. The market is also seeing a rapid growth in emerging countries such as China and India.

Key Takeaways from Market Study

Pharma/biopharmaceuticals tests dominated the market with a 40.8% market share in the test segment of the outsourced testing services market in 2021.
Contract research organizations by end user dominated the market in 2021 with a share of 51.5% of the outsourced testing services market.
Europe dominates among the seven regions, with a market share of 32.3% in 2021.

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“Limited In-house production capability, rising demand for testing and manufacturing services for bulk products and cost-effective of the outsourcing services is set to propel the sales of the outsourced testing services market across the globe,” says an analyst of Future Market Insights.

Market Competition

The outsourced testing services market is highly fragmented because of the large number of key players in the market. There is a broad range of products that can be categorized under the outsourced testing services market; therefore, it is a broad market. The strategies that are majorly followed by the key players of the outsourced testing services market include product launches, expansions, collaborations and partnerships, and mergers and acquisitions.

On March 8, 2021, Sotera acquired BioScience Laboratories, LLC with one location in Bozeman, Montana. BioScience is a provider of outsourced topical antimicrobial product testing in the pharmaceutical, medical device, and consumer industries. BioScience’s expertise in analytical testing and clinical trial services will complement Nelson Labs’ existing strengths in antimicrobial and virology testing.
Labcorp announced the opening of a new, integrated bioanalytical laboratory in Singapore during the fourth quarter of 2021, expanding customer access in the Asia-Pacific region

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the outsourced testing services market in its latest study, presenting a historical demand assessment of 2015 – 2021 and projections for 2022 – 2032.

The research study is based on the test– (pharma/biopharmaceuticals (clinical trials testing, bioanalytical testing, biocompatibility & toxicology testing, extractables & leachables testing, clinical stability testing, sterilization testing and facility & process validation), medical devices (clinical trials testing, bioanalytical testing, biocompatibility & toxicology testing, chemical characterization & product stability testing, microbial & sterility testing and others) cosmetics (microbiological testing, stability testing, safety and toxicological testing, performance testing, compatibility testing with packaging and others) nutraceuticals (clinical trials testing, bioanalytical testing, contamination testing, allergen testing and others) food & beverage testing (analytical chemistry testing, sensory testing, nutrition analysis and microbiology testing)) , and end user – (contract research organization, contract development and manufacturing organization and academic and research institutes), across seven key regions of the world.

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Key Market Segments Covered in outsourced testing services Industry Research

By Test Types:

Pharma/Biopharmaceuticals
- Clinical Trials Testing
- Bioanalytical Testing
- Biocompatibility & Toxicology Testing
- Extractables & Leachables Testing
- Clinical Stability Testing
- Sterilization Testing
- Facility & Process Validation
Medical Devices
- Clinical Trials Testing
- Bioanalytical Testing
- Biocompatibility & Toxicology Testing
- Chemical Characterization & Product Stability Testing
- Microbial & Sterility Testing
- Others
Cosmetics
- Microbiological testing
- Stability testing
- Safety and Toxicological testing
- Performance Testing
- Compatibility testing with packaging
- Others
Nutraceuticals
- Clinical Trials Testing
- Bioanalytical Testing
- Contamination Testing
- Allergen Testing
- Others
Food & Beverage Testing
- Analytical Chemistry Testing
- Sensory Testing
- Nutrition Analysis
- Microbiology Testing

By End User:

Contract Research Organization
Contract Development And Manufacturing Organization
Academic and Research Institutes

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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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With Adoption in Developing Economies, the Traditional Wound Management Market Will Reach New Heights

The global Traditional Wound Management Market is anticipated to create lucrative opportunities over the assessment period ranging from 2022 to 2032, by enjoying a valuation of US$ 5.1 Bn by the end of the year 2022 and exceedingly around US$ 6.9 Bn by the year 2032.

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As per the recent study by Future Market Insights, the gauze segment by product is leading the market with a share of about 39.7% in the year 2021, within the global market. The global wound care market is predicted to be valued at US$ 18.4 Bn out of which traditional wound management consists of a share of 26.6%, in 2021.

During the traditional period from 2014 to 2021, the market for traditional wound management expanded at a CAGR of 2.9%. Traditional wound management is expected to experience a shift in dynamics owing to the changes in demographics of the geriatric population and the growing incidence of wounds, owing to the rising problem of infection acquired during surgical procedures globally.

Furthermore, the surgical list falls under the care of chronic wounds. The surge of trauma and chronic diseases such as diabetes and ulcers are the leading cause of the rising demand for the traditional wound management market.

Key Takeaways

The market is expected to showcase an optimistic outlook, owing to the cost-effectiveness and clear reimbursement policies. The drastic inclination towards wound healing and care dynamics along with the adoption of traditional wound management products presents a significant revenue opportunity for the traditional wound management sector.
The surging number of chronic wound patients has encouraged the development and implementation of therapies that help in the promotion of faster and more efficient wound healing. Early healing is predicted to assist the lower and average length of hospital stays. A chronic wound is a chronic health problem because it frequently spreads to the surrounding tissues, resulting in infection and amputation.
Several infections were caused owing to the rise of serious health issues and therefore resulted in the addition of overall system costs. Therefore, traditional methods of wound care and cleansing are re-evaluated and as a result, traditional wound care products are incorporated into the patient and wound care system for the reduction of infection-related costs.
Irrespective of the availability of advanced wound care and healing products, major healthcare professionals and facilities choose traditional wound management products due to their cost-effectiveness and long-term training and research experience.
The surge in various surgical procedures, the aging population, and the surge in the adoption of technically advanced products, are some of the factors driving the market. The hurdles faced are due to a lack of skilled professionals, general awareness about wound care, and rising medical waste.

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Competitive Landscape

With numerous competitors in the traditional wound management market landscape, the overall industry is fragmented. In order to meet consumer demand and expand their customer base, these companies are implementing methods such as expanding their production capabilities by constructing new factories and manufacturing facilities also indulging in partnerships and collaborations and availing new product launches with technological advancements.

Key Companies Profiled

Smith & Nephew plc.
B. Braun Melsungen AG
Johnson & Johnson Pvt. Ltd.
Medtronic Plc.
Cardinal Health,
Derma Sciences Inc.
Paul Hartman AG
Molnlycke Health Care
Medline Industries, Inc.
DUKAL Corporation
BSN Medical

More Insights into the Traditional Wound Management Market

The U.S. is expected to dominate the global traditional wound management market as it accounted for around 26.4% in 2021 and is expected to continue to experience the same growth throughout the forecast period.

China is the second largest manufacturer of traditional wound management. According to the estimations, China is expected to account for 6.0% of globally. The market is expected to surge at a robust pace over the forecast period due to rising healthcare facilities in the region along with the presence of prominent manufacturers.

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Key Market Segments Covered in Traditional Wound Management Industry Research

By Product:

Bandages
- Adhesive Bandages
- Non-adhesive Bandages
- Compression Bandages
Gauzes
- Woven Gauzes
- Non-woven Gauzes
Gauze Sponge
- Woven Gauze Sponges
- Non-woven Gauze Sponges
Sponges
- Woven Sponges
- Non-woven Sponges

By Application:

Skin and Diabetic Ulcers
Burns
Surgeries
Trauma
Others (skin cuts, primary dressings, etc.)

By End User:

Hospitals
Clinics
Diagnostic Centers
Homecare Settings
Ambulatory Surgical Centers

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Medical Coding Market:- According to the latest research by Future Market Insights, the Medical Coding Market is set to witness significant growth during 2021-2031.

Ambulance Services Market:- According to the latest research by Future Market Insights, the Ambulance Services Market is set to witness steady growth during 2021-2031.

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Regenerative Medicine Market Report Covers Trends, Demand, Growth and Forecast 2032

The global Regenerative Medicine Market is anticipated to register a phenomenal growth of 23.9% with an evaluation of around US$ 9.9 Bn by the end of the year 2022 and is further expected to enjoy an estimation of US$ 85.3 Bn by the year 2032.

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According to the historical analysis done by Future Market Insights, tissue engineering by therapy type led the market growth with a share of about 43.1% in the year 2021 within the global regenerative medicine market. The targeted therapeutic market is expected to generate a revenue of around US$ 100.9 Bn by contributing about 8.3% to the global regenerative medicine market.

Regenerative medicine is widely accepted in the healthcare sector in order to counter the unmet medical needs in the field of cardiology, wound and injury musculoskeletal, oncology, dental, ophthalmology, hepatological diseases, and inflammatory & autoimmune diseases. The solutions regarding clinical and pre-clinical outcomes for allogeneic cell therapy are promising.

Key Takeaways

An opportunistic outlook is presented by the regenerative medicine market in the future owing to the beneficial outcomes of regenerative medicine. Several biopharmaceutical companies have initiated the establishment of regenerative medicine-specific regulatory processes which consist of guidelines, a quicker approval pathway, and also quality control for conducting clinical trials. Therefore, a massive boom in the regenerative medicine market is witnessed over the projection years.
The industry is keeping into account some of the prominent factors such as reduced manufacturing cost, improvement in distribution systems, and expansion. Technological advances taking place in the field of life sciences date back several years ago. The gene editing technology applied in regenerative medicine manufacturing assists in yielding quality results and avoids challenges such as immune rejection.
In order to treat a wide spectrum of diseases, pluripotent stem cell (PSC)-derived therapies are beneficial and surging rapidly over the years. These factors are acting as driving factors for the regenerative medicine market over the assessment years.
The research and development sector is drastically making efforts to develop an innovative therapy type through modifications and implementing new discoveries in the field of cell therapy and applying gene editing tools that help in making the overall process of discovery easier. Since the methodology used is unique and determines steps for instance use of universal donor cells which establishes successful engraftment in autologous transplantation. The aforementioned factors are responsible for growth in the market.
The growing prevalence of chronic diseases paired with the surge in wounds and injuries among the ever-growing population is anticipated to surge the regenerative medicine market. The approval of these products is governed by various regulatory laws, including pharmaceutical affairs law, technical guidance for the quality of regenerative medicine products, regulation (EC) 1394/2007, and others because these therapy types have a substantial impact on health.

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The regeneration medicine market has a direct link with the prevalence of diseases in the increasing population. Since these stem cell-based therapies have a vital impact on health thereby, the approval of these therapies including the use of regenerative medicine is governed by several standard organizations such as the Food and Drug Administration (FDA), and European Medicines Agency (EMA), among others.

Competitive Landscape

Various key players in the regeneration medicine market are focusing on expanding their consumer base in order to meet consumer demands. Since the overall market is fragmented, prominent companies in the market are implementing methods such as a divestiture, partnerships and collaborations, and new therapy launches.

More Insights into the Regenerative Medicine Market

The U.S. is expected to dominate the global regenerative medicine market as it is accounting for a total of about 24.2% in 2021 and is anticipated to experience a similar growth throughout the forecast period.

The account of an aging population, the widespread adoption rate of regenerative medicines, and the importance of chronic diseases are contributing factors boosting the regenerative medicine market.

Australia held a market share of around 12.9% in the global regenerative medicine market in 2021. Having a robust regulatory framework, the presence of such facilities has encouraged several ventures to invest in and look for new opportunities in Australia.

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Key Market Segments Covered In Regenerative Medicine Industry Research

By Therapy type:

Cell Therapy
- Autologous Cell Therapy
- Allogenic Cell Therapy
Stem Cell Therapy
- Allogeneic Stem Cell Therapy
- Autologous Stem Cell Therapy
Tissue-engineering
Gene Therapy

By Application:

Wound Care
Musculoskeletal
Oncology
Dental
DMD (Duchenne Muscular Dystrophy)
Hepatological Diseases
Inflammatory & Autoimmune Diseases
Other Therapeutic Applications

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Spinal Fusion Market New Innovations and Future Expansion 2022-2032 with Top Countries Data

The global Spinal Fusion Market is predicted to exhibit a global CAGR of 5.5% across the valuation period from 2022 to 2032, with a valuation reaching US$ 9.49 Bn by the end of the year 2022 and is further expected to reach a valuation of US$ 16.2 Bn by the year 2032.

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According to a recent study, the market value for spinal fusion is approximately 72.5% considering the overall US$ 12.4 Bn of the global spinal implants & devices market in 2021. As per Future Market Insights, pedicel screws and rods are expected to lead the market with a share of approximately 52.1% in the year 2021 within the global landscape.

Spine-level therapeutic options are consistently widening owing to the development of modern spine fusion technologies and advanced techniques. The age group under the geriatric population needs devices that cause less pain and higher compliance which is responsible for market expansion in the projection period.

There is a widening demand for spinal fusion owing to the rising prevalence of spine-related injuries. There are several patients with multiple spinal diseases such as herniated discs and degenerative disc disease (DDD), spinal fusion devices are used during spinal surgeries to correct a deformity, increase stability and reduce pain. Spinal fusion permanently associates with the need for spinal fusion.

Key Takeaways

The worldwide spinal fusion market is predicted to be driven by frequent approvals and drastic product launches of novel spinal fusion products. Spinal anomalies can be caused by smoking, poor diet, excess weight, and other lifestyle factors. It has been analyzed that; the young population is more likely to smoke. The presence of high levels of toxins in cigarette smoke, directly harms the spine’s cartilage, resulting in the early onset of degenerative spinal anomalies that will ultimately lead to the need for spinal surgery. Owing to the aforementioned factors, the demand for equipment utilized in spinal fusion procedures is expected to have high demand during the forecast period.
The majority of spinal injuries these days have led to preventable events such as automobile accidents, falls, and violence. It has been revealed from the data released by the Indian government that people worldwide are affected by spinal cord injuries (SCI). This is considered one of the major factors fueling the growth of the spinal fusion market.
Surging usage of minimally invasive procedures is because of the increase in the cases of spinal fusion injuries. In order to accelerate rehabilitation and improve expedited procedures for younger patients, minimally invasive surgeries are expensively growing in popularity.
In spinal fusion, advanced navigation technology has been utilized in order to guarantee precise component location without any outliers and the associated danger of higher wear and implant failure. This driver is responsible for the increased market demand for spinal fusion throughout the projection period.
The demand for spinal fusion is on the surge at a global level owing to the surging incidents of spine-related injuries. Spinal fusion is expected to stabilize and decompress the spine including the cervical, lumbar, and thoracic regions. In addition to that, common indications for spinal fusion incorporate spondylolisthesis, scoliosis, and spinal stenosis. This spinal disease assistance by spinal fusion devices for better treatment will increase sales during the assessment period.

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Competitive Landscape

The market for the production of spinal fusion is expected to be scattered and fragmented all over the globe with several competitors. The key market players are anticipated to employ strategies including collaborations, partnerships, mergers, acquisitions, and new product releases to satisfy consumer demand and increase their client base. Government take initiative to invest in spinal fusion equipment.

Key Companies Profiled

Zimmer Biomet Holdings, Stryker Corporation, Exactech,Medtronic Plc, Johnson & Johnson Services, Wenzel Spine, Centinel Spine, Spineart Geneva SA, K2M, MicroPort Scientific Corporation, Integra Lifesciences Holdings Corp, Orthofix Holdings, Shandong Weigao Group Medical Polymer Company Limited, Bonovo Orthopedics, Suzhou Gemmed Medical Instrument Co. Ltd, NuVasive, B. Braun Melsungen AG, Globus Medical Inc., RTI Surgical, Expanding Orthopedics Inc., Vallum Corporation, ChoiceSpine, Life Spine, Precision Spine

More Insights into the Spinal Fusion Market

The U.S. is expected to dominate the global market over the projection period as it accounted for about 88.6% of the market share in 2021. The global spinal fusion market is expected to expand in the U.S. market attributed of the high prevalence of spinal cord injuries.

Germany is the second largest market to hold around 23.8% of the global market in 2021. The rising obesity rates in Germany, it has caused Germans to live 2.6 years shorter on average. This is one of the major driving factors propelling the demand for the spinal fusion market in Germany.

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Key Market Segments Covered in Breathing Circuit Industry Research

By Product:

Interbody Cages
Pedicel Screws and Rods
Spinal Fusion Plates

By Procedure:

Posterolateral Fusion
Interbody Fusion
- Anterior Lumbar Interbody Fusion (ALIF)
- Extreme Lateral Interbody Fusion (XLIF)
- Posterior Lumbar Interbody Fusion (PLIF)
- Transformational Lumbar Interbody Fusion (TLIF)
- Others

By End User:

Hospitals
Speciality Clinics
Ambulatory Surgical Centers

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Medical Coding Market:- According to the latest research by Future Market Insights, the Medical Coding Market is set to witness significant growth during 2021-2031.

Ambulance Services Market:- According to the latest research by Future Market Insights, the Ambulance Services Market is set to witness steady growth during 2021-2031.

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Onychomycosis Treatment Market Competitive Landscape, Innovations and Business Outlook till 2032

The worldwide Onychomycosis Treatment Market is supposed to show hold a worth US$ 4.44 Billion out of 2022. From 2022-2032, the onychomycosis treatment market is probably going to show a CAGR of 8.46% while gathering a worth US$ 10 Billion. The development of the market can be credited to the developing predominance of diabetes which brings about high dangers of nail organism disease.

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Toenail onychomycosis are more common and requires longer duration of treatment, which can also extend to a year. Sometimes complete cure, defined as clinical cure, is unattainable, which may lead to indefinite treatment duration and consequently drive the onychomycosis treatment market. The risk of onychomycosis is 1.9 to 2.8 times higher in people with diabetes, compared with the general population. This is leading to rising revenue accumulation of drug manufacturers targeting the onychomycosis treatment market.

The increasing risk factors such as nail injury or nail surgery, diabetes, weakened immune system, blood circulation disorders, athlete’s foot or ringworm, and others are driving the onychomycosis treatment market. The growing risk of occupational hazards such as agriculture, waste disposal, and others is also propelling the growth of the onychomycosis treatment market.

Diabetes and related conditions contributing to poor peripheral circulation are the major drivers of the market. Onychomycosis may represent an important forecast for the development of diabetic foot syndrome and foot ulcers. Patients who are immunosuppressed, such as those undergoing cancer therapy and those with HIV infection also are predisposed to fungal nail infection.

Coronavirus pandemic has changed the public medical care needs and spending however this is viewed as transient effect on the onychomycosis treatment market. The increasing COVID-19 patient pool attracted spotlight to the treatment of these patients on emergency basis, consequently reducing the patient visits to the medical clinics for onychomycosis treatment.

Decreasing visits demonstrate lesser treatment reception that resulted in temporary contraction of sales. Nonetheless, demand is likely to recover in the coming years with drugs emerging as more preferred type of treatment. The drugs segment is expected to account for nearly 75% of revenue generated in the market.

Key Takeaways from Onychomycosis Treatment Market Study

High spending power supports growth in the U.S., sealing its dominance in North America. The U.S. is expected to account for over 84% of sales registered in the region
The demand from the U.K. will continue rising, enabling year-on-year growth at above 7%
Germany and France too will continue exhibiting high demand
Within East Asia, Japan holds dominance, yet demand from China is likely to rise at a higher pace

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“Market players are likely to focus on merger and acquisition to expand their footprint worldwide. They are also expected to focus on capitalizing on opportunities across emerging economies to gain competitive advantage,” said an FMI analyst.

Geriatric Population More Susceptible Onychomycosis

According to the World Health Organization (WHO), age is the key risk factor for the development of onychomycosis and the risk for onychomycosis increases with age, particularly for persons aged >50 years. Approximately, about 80-85% of onychomycosis occurs in patients aged greater than 50 years, globally. The rise in elderly population will therefore present lucrative growth opportunities to onychomycosis treatment market.

Who is Winning?

Key players in the onychomycosis treatment market are keenly focusing on strategic activities such as acquisitions, collaborations and mergers in order to create a strong position.

For Instance, In September 2018, Almirall S.A. acquired of portfolio of five products comprising of Allergan’s Medical dermatology unit in the U.S. to further enhance the company’s dermatology portfolio.

In 2017, Ziarco Group ltd. was acquired by Novartis acquired. Ziarco Group ltd. a privately held company in the U.K. The company focuses on the development of novel treatments in the field of dermatology.

Key Players

Teva Pharmaceutical Industries Ltd.
Sanofi S.A.
Medimetriks Pharmaceuticals, Inc.
Galderma
Johnson & Johnson
Novartis AG
Moberg Pharma AB
Cardinal Health, Inc.
Pfizer Inc.
Almirall, S.A.
Bayer AG
Viatris Inc.
GlaxoSmithKline plc
Cipla Ltd.

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Onychomycosis Treatment Market by Category

Disease Indication

Distal Subungual Onychomycosis
White Superficial Onychomycosis
Proximal Subungual Onychomycosis
Candidal Onychomycosis
Total Dystrophic Onychomycosis

Age Group

0-18 Years
18-39 Years
40-64 Years
65 Years & Above

Gender

Male
Female

Distribution Channel

Institutional Sales
- Hospitals
- Dermatology Clinics
Retail Sales
- Retail Pharmacies
- Drug Stores
- Mail Order Pharmacies & Online Sales

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