Mining Collectors Market Is Expected To See a growth of 5.8% | Future Market Insights

With swelling exploration activities of new mines, across key targeted regions, the global demand for mining collectors—used in the froth flotation process and the recovery of heavy metal sulfides from ores—is anticipated to witness a steady year-on-year of 5.4 percent, in 2019. The mining collectors market, however, is projected to lie in the steady growth-low value quadrant, through the forecast period of 2019-2027, as per a recent market intelligence report by Future Market Insights (FMI).

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Latin America to Retain Dominance with Increased Investments in Mining Activities 

The moderate growth in the mining collectors market is supported by an increased supply and demand scenario in China. FMI analysis also indicates that apart from China, Latin America and MEA form a major market for mining collectors, supported by increasing metal mining activities for precious metals such as gold and platinum, in the region.

North America mining industry is expected to grow significantly in the second half of the forecast period as mining companies shift their focus towards extraction of ores from deep underground reserves, to sustain in the market, thereby increasing the demand for mining collectors for flotation process.

Eastern Europe, on the other hand, is also likely to exhibit potential investment opportunities with a key focus on Russia and the region’s significant reserve of metals and non-metals.

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Safer Alternatives Get Applauded; Environmental Challenges to Restrict Market Growth

Since mining collectors are unstable and toxic in nature, its transportation poses serious threats, pushing manufacturers such as Cytec and Clariant to develop environmental friendly alternatives and likely to further impact the global adoption scenario of mining collectors. More recently, Solvay Group launched a new range of collectors, HOSTAFLOT, replacing Xanthates in the traditional sulfide flotation applications. Apart from being a cheaper alternative, the new product uses sustainable raw materials, is safer to handle, and also offers a longer shelf life compared to Xanthates. In addition, while ores are becoming difficult to treat and environmental regulations are becoming more stringent. Water use and conservation is a major concern. Hence, there is an increasing focus on the development of specialty reagents that can meet the needs for treating difficult ores and combat environmental challenges.

Key Trends Likely to Shape the Future Course of Mining Collectors

  • Increasing preference for potassium-based Xanthates given its high extraction strength from low grade ores versus traditional sodium based xanthates (ethyl xanthates).
  • Noticeable investments in expanding the application scope of Xanthates in rubber processing and agrochemicals processing.
  • To better cater to the growing demand for mining collectors from end-use industries, such as mining, agrochemicals, and rubber processing applications globally, manufacturers are focusing on strategically expanding their capacities while also directing their efforts towards ensuring a steady supply and access to key raw materials such as amyl alcohol and others.

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Mining Collectors Market: Segmentation

Product Type

  • Xanthates
  • Dithiophosphates
  • Dithiocarbamates
  • Others

Ore Type

  • Sulfide
  • Non-Sulfide

Region

  • North America
  • Latin America
  • Europe
  • APEC (Asia Pacific Excluding China)
  • China
  • Middle East and Africa

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Direct-to-Consumer Genetic Testing Market is anticipated to grow at a CAGR of 11.2% from 2022 to 2032

[300 Pages Report] As per Future Market Insights’ latest study, the global direct-to-consumer genetic testing market stood at around US$ 1.3 Bn in 2021 and is projected to exhibit a CAGR of 11.2% over the forecast period, with an estimated valuation of US$ 4.0 Bn in 2032.

The direct-to-consumer genetic testing market is expected to grow at a steady pace due to increasing demand for personalized medicines in healthcare facilities for personal use, as well as safety of patients’ health. Emergence of various epidemics and their looming health dangers is also projected to boost the demand for direct-to-consumer genetic testing solutions among the general public and healthcare professionals, thereby supporting the market.

Direct-to-Consumer Genetic Testing Market Estimated Size (2022E) US$ 1.4 Bn
Projected Market Valuation (2032F) US$ 4.0 Bn
Value-based CAGR (2022-2032) 11.2%
Collective Value Share: Top 5 Countries (2022E) 56.4%

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Furthermore, ongoing in terms of characterization of DNA sequence variants related to the risk of commonly diagnosed diseases such as Crohn’s disease, type-2 diabetes, breast cancer, MI, and prostate cancer are set to aid growth. Despite significant attempts by dedicated researchers, only a few sequence variants associated with these diseases had been appropriately verified by replication in well-powered studies before 2006.

In addition, development of cutting-edge microarray genetic analysis technologies is expected to enable researchers to determine genotypes at hundreds and thousands of single-nucleotide polymorphisms (SNPs) instantaneously and cost-effectively across the genome. Additionally, key players are focusing on novel product developments with enhanced efficacy in terms of efficiency and safety.

For instance, in August 2020, Ancestry, a global leader in family history and consumer genomics, announced the launch of AncestryHealth. It is powered by next generation sequencing (NGS), which would help in providing easy access to important information about wellbeing to consumers.

Key Takeaways: Direct-To-Consumer Genetic Testing Market

  • By product, the ancestry tests segment is projected to held approximately 8% of the direct-to-consumer genetic testing market share in 2021.
  • Based on technology, the single nucleotide polymorphism chips segment generated a market share of around 5% in 2021.
  • In terms of sample, the saliva category held approximately 3% of the direct-to-consumer genetic testing market share in 2021.
  • The U.S. direct-to-consumer genetic testing market remained at the forefront in 2021 by generating a share of 1%.
  • In Asia Pacific, China direct-to-consumer genetic testing market is anticipated to exhibit steady growth at a CAGR of 5% in the forthcoming years.

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“Rising initiatives to promote health & well-being and introduction of microarray genetic analysis platforms are set to propel the direct-to-consumer genetic testing market across the globe,” says an analyst of Future Market Insights.

Market Competition

The direct-to-consumer genetic testing market is fragmented with the presence of various local, emerging, as well as established players across the globe. Key players are initiating promotional activities to introduce novel direct-to-consumer genetic testing kits with enhanced efficacy.

  • In October 2021, 23andMe, Inc. signed a merger agreement with Lemonaid Health, Inc. The acquisition would provide customers with telemedicine facilities for the assessment of their medical health and other related services online.

More Valuable Insights on Direct-To-Consumer Genetic Testing Market

Future Market Insights offers a unique perspective and actionable insights on the direct-to-consumer genetic testing market in its latest study, presenting a historical demand assessment of 2017 – 2021 and projections for 2022 – 2032.

The research study is based on the product (pharmacogenetics tests, carrier screening tests, genetic health risk (GHR) tests, cancer predisposition tests, low-risk general wellness tests, and ancestry tests), technology (single nucleotide polymorphism chip and whole-genome sequencing), sample (saliva, blood, and urine), sales channel (institutional sales (hospitals, specialty clinics, diagnostic laboratories, and others) and retail sales (retail pharmacies and online sales)) across seven key regions of the world.

Key Players :

  • 23andMe
  • Ancestry DNA
  • Color Genomics, Inc.
  • Genetic Technology (EasyDNA)
  • Full Genomes Corporation, Inc.
  • Helix OpCo LLC
  • IDENTIGENE, LLC/ DNA Diagnostics Center
  • Living DNA Ltd
  • MyHeritage Ltd
  • Prenetics Limited
  • Family Tree DNA
  • Interleukin Genetics/orig3n
  • Counsyl/Myriad Genetics, Inc.
  • Veritas Genetics
  • Fulgent Genomics

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Direct-to-Consumer Genetic Testing Market Outlook by Category

By Product:

  • Pharmacogenetics Tests
  • Carrier Screening Tests
  • Genetic Health Risk (GHR) Tests
  • Cancer Predisposition Tests
  • Low-Risk General Wellness Tests
  • Ancestry Tests

By Technology:

  • Single Nucleotide Polymorphism Chip
  • Whole Genome Sequencing

By Sample:

  • Saliva
  • Urine
  • Blood

By Sales Channel:

  • Institutional Sales
    • Hospitals
    • Specialty Clinics
    • Diagnostic Laboratories
    • Others
  • Retail Sales
    • Retail Pharmacies
    • Online Sales

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

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Gas Separation Membrane Market Size to be worth US$ 3.10 Bn by 2028

As the surging natural and shale gas production levels are accelerating the ongoing shift to membrane gas separation technology, an escalating number of gas processing and biogas projects also continues to trigger the sales of gas separation membrane at a global level.

As indicated by a new intelligence study presented by Future Market Insights, the global revenue through gas separation membrane market sales will exceed the valuation of US$ 1,950.5 Mn in 2022.

With mounting energy costs, it is more likely that gas separation membrane technology will play a vital role in building a reduced environmental impact, says the report.

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Exclusive Insights on Market Taxonomy

  • Type of Material

The material type analysis of gas separation membrane marketplace reveals that polymeric materials continue to account for over 55% share of the total market value. The report projects a massive incremental opportunity for polymeric membrane materials in terms of adoption owing to their exceptional thermal stability and selectivity.

  • Type of Construction

Based on the construction type, hollow fiber module currently holds more than 50% share in the total market value and the report forecasts a solid incremental opportunity and healthy yearly revenue growth for hollow fiber module in 2019 and ahead. Spiral wound module also accounts for a substantial revenue share, as reported by the FMI analyst.

  • End Use Sector

Among an extensive range of end use industries, growing replacement rate in case of conventional gas separation technologies is creating several opportunistic avenues for gas separation membrane manufacturers.

With over 1/4th share of the total market value estimated for 2019, petrochemical and oil & gas industry continues to dominate other end use sectors, and is closely trailed by the chemicals industry. While the former is slated for a slightly higher incremental opportunity, the report also indicates a moderate opportunity for power generation sector.

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Nitrogen Separation Raises Maximum Demand

The gas separation membrane technology has been in use for a range of industrial applications, primarily attributed to the energy efficiency and superior process flexibility. Low maintenance and low capital investment further encourage adoption.

“Although gas separation membranes find a wide applicability in the recovery of hydrogen, separation of gas or vapor, removal of carbon dioxide, and dehydration of air, a majority of the demand comes from the applications in nitrogen and oxygen enrichment,” say a senior research analyst at the company.

Adding further, the analyst says, “While the demand for gas separation membranes for nitrogen separation is poised for a significant incremental opportunity coupled with a relatively higher year on year revenue growth of just-under 8% in 2019, it is closely followed by the hydrogen separation segment. The latter is projected for a moderate incremental opportunity over the next few years”.

Emerging Economies Hold Notable Market Potential

With a combined share of over 55% in the total market value at present, North America and Western Europe remain the top performing regional markets witnessing high volume sales of gas separation membrane. However, the report estimates Western Europe to secure more control over the cumulative share and demonstrate robust yearly growth in 2019 and beyond.

Asian countries, as are inclining more towards sustainability in recent years, a number of leading manufacturers in the global gas separation membrane landscape are looking forward to an improved market presence in developing regional economies across Asia as well as Eastern Europe.

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Strategic Developmental Analysis: Competition Tracking

The consolidated competitive landscape of gas separation membrane is dominated by top international players such as Evonik, Atlas Copco, Parker Haniifin, and Fujifilm. Among the prominent companies actively competing in the market, Atlas Copco Inc. recently installed a new manufacturing base in the US. More recently, the company announced the strategic acquisition of the British manufacturing giant Walker Filtration Ltd.

Apart from acquisitions and new production unit launch, strategic collaborations, joint ventures, and contractual cooperative agreements with technology innovators, manufacturers, and other stakeholders are likely to be the most preferred developmental strategies of leading market players.

FMI projects that companies operating in the gas separation membrane ecology are likely to debut in related industrial segments in an effort to penetrate into new markets. This will possibly help gas separation membrane manufacturers develop diverse business portfolios without facing intense consequences of the economic volatility.

A majority of distribution and sales is identified at company sales offices, distribution centers, and EPC contractors’ offices. Leading companies are thus focusing on their regional sales offices, thereby creating a positive outlook for the sales of gas separation membrane.

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

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Spinal Osteosynthesis Units Market is expected to grow at a steady CAGR of 4.8% From 2022 – 2032

[250 Pages Report] Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Spinal Osteosynthesis Units Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period.

Impact of COVID-19 on the Healthcare Industry

The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower. It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.

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The team of analysts at Future Business Insights are focussing on research and market study to produce different Spinal Osteosynthesis Units 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 Spinal Osteosynthesis Units Market.

Key Players 

Some of the key players present in global spinal osteosynthesis units market are Medtronic, Stryker, Johnson & Johnson, Zimmer Biomet, NuVasive, B. Braun, Globus Medical, Alphatec, Orthofix, Xtant Medical, Wego, MicroPort, RTI Surgical, Integra LifeSciences, Ulrich Medical and others.

Segmentation 

The global Spinal Osteosynthesis Units market is segmented by product type, surgical approach, patient type, end user, and regions:

Spinal Osteosynthesis Units Segmentation by Product Type

  • Thoracolumbar Osteosynthesis Unit
  • Lumbar Spinal Osteosynthesis Unit
  • Lumbosacral Osteosynthesis Unit
  • Thoracolumbosacral Osteosynthesis Unit
  • Occipitocervicothoracic Osteosynthesis Unit
  • Cervical Thoracic Lumbo Sacral Osteosynthesis Unit

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Spinal Osteosynthesis Units Segmentation by Surgical Approach

  • Posterior
  • Anterior
  • Lateral

Spinal Osteosynthesis Units Segmentation by Patient Type

  • Adult
  • Pediatric

Spinal Osteosynthesis Units Segmentation by End User

  • Hospital
  • Specialty Clinic
  • Others

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Queries Solved

What is the size of the overall Spinal Osteosynthesis Units 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 Spinal Osteosynthesis Units Market in the Healthcare Industry, and how they are expected to impact the market?

What are the attractive investment opportunities within the Spinal Osteosynthesis Units Market in the Healthcare Industry?

What is the Spinal Osteosynthesis Units 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 Spinal Osteosynthesis Units Market in the Healthcare Industry?

What are the recent trends in Spinal Osteosynthesis Units Market in the Healthcare Industry? (M&A, partnerships, new product developments, expansions)?

What are the challenges to the Spinal Osteosynthesis Units Market in the growth of the Healthcare Industry?

What are the key market trends impacting the growth of the Spinal Osteosynthesis Units Market in the Healthcare Industry?

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.

About FMI:

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

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Aircraft Cleaning Chemicals Market Worth US$ 3.77 Bn by 2032

Sustained by notable increase in number of airlines, coupled with a mounting number of aircraft refurbishment and leasing activities, global sales of aircraft cleaning chemicals will witness a CAGR of 4.3% in the forecast period of 2022 – 2032. A sustainable shift towards bio-based cleaning chemicals is poised to be a prominent trend shaping up the future of global aircraft cleaning chemicals market, suggests a new Future Market Insights (FMI) study.

Bio-based and water-based cleaning chemicals are gaining traction in the market, as these are used to remove hazardous and toxic substances such as trichloroethylene (TCE), perchloroethylene, and other corrosive chemicals from aircraft. Bio-based cleaning chemicals are widely used by both civilian and military aircraft, owing to their non-explosive, low-flammability formulation, which completely eliminates the risk of fire.

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Key Takeaways – Aircraft Cleaning Chemicals Study

  • The number of air travel passengers is consistently increasing, with the establishment of more than 700 routes for better connectivity. According to the International Air Transport Association, global passenger traffic rose by 7.6% in 2017, which is more than the average annual growth over the last ten years, i.e. 5.5%. This increase creates immense opportunities for players operating in the aircraft cleaning chemicals market.
  • There is an increasing demand to replace hazardous, VOC-emitting degreasers, and cleaning products with green alternatives and safer products. Prominent manufacturers are focusing on the development of biodegradable, non-toxic, durable, cost-efficient, and non-hazardous cleaning chemicals. Aircraft cleaning chemicals market players are also emphasizing on providing chemicals free from hazardous ingredients, and having no special storage or disposal requirements.
  • Increasing health awareness, risk of infection, concerns over disease-causing pathogens on contaminated surfaces, etc., make today’s traveler extremely particular about hygiene. Hence, to provide a hygienic environment for travelers, the demand for cleaning chemicals, particularly disinfectants is expected to increase over the course of the forecast period.
  • Dry wash is an innovative, economical, and safe cleaning concept, minimizing the use of water. Dry wash method can do cleaning and shining in a single process. Dry wash is gaining popularity and preference among end-users as it reduces the cleaning cost as well as time. However, dry wash can require a lot of elbow grease and requires considerably more effort than wet wash.

Who Is Winning?

The global aircraft cleaning chemicals market is highly fragmented due to the presence of good number of players in regional as well as international markets. Key manufacturers such as PPG Industries Inc., Illinois Tool Works Inc., Arrow Solutions, and Callington Haven Pty Ltd account for a prominent share in the global aircraft cleaning chemicals market. North America, followed by Western Europe is estimated to dominate the global aircraft cleaning chemicals market. However, developing regions such as China, India, ASEAN, and the Middle East are expected to create lucrative opportunities for market participants.

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Aircraft Cleaning Chemicals Market Taxonomy

The global aircraft cleaning chemicals market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Product

  • Exterior
  • Interior

Formulation

  • Water-based
  • Solvent-based
  • Wax-based

End Use

  • Civil Aircraft
  • Commercial/Cargo Based Aviation
  • Military

Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • SEAP
  • MEA
  • China
  • Japan

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More About Aircraft Cleaning Chemicals Market Report

The research report analyzes total sales of aircraft cleaning chemicals on the basis of volume (Tons) and value (US$ Mn). The report includes a competition analysis section that includes market structure analysis, tier structure analysis, competition development, and other crucial information about global and regional players in the market. Opportunities in the market are projected on the basis of factors such as aviation industry growth, travel and tourism industry outlook, air traffic growth, investments in upcoming airport projects, and expansion in production by worldwide manufacturers.

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

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Steroid-Free Nasal Sprays Market is projected to reach US$ 14.9 Bn by 2032 | FMI

[225 Pages Report] Steroid-free nasal sprays are medications that are directly delivered to nasal cavities with the avoidance of first-pass metabolism and also provide better bioavailability. It includes nasal antihistamine sprays, nasal decongestant sprays, nasal anticholinergic sprays, and nasal cromolyn sodium sprays.

As per Future Market Insights’ latest industry analysis, the global steroid-free nasal sprays market was valued at over US$ 7.75 Bn in 2021 and is expected to exhibit a CAGR of 6.3% over the forecast period, pushing the market size to US$ 14.9 Bn by 2032.

Data Points Market Insights
Steroid-free Nasal Sprays Market Base Yea Value (2021) US$ 7.7 Bn
Estimated Market Size (2022) US$ 8.1 Bn
Projected Market Valuation (2032) US$ 14.9 Bn
Value-based CAGR (2022-2032) 6.3%
Share of Top 5 Countries 57.9%

There is a subsequent rise in the prevalence of allergic rhinitis worldwide due to several risk factors including urbanization and environmental pollutants. According to a recent study conducted in 2022, allergic rhinitis affects about 25% to 40% of the population worldwide. It also states that approximately 80% of allergic rhinitis symptoms develop before the age of 20.

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Recently, there has been an increasing emphasis on mental illnesses due to the significant rise in cases of major depressive disorders. Among these, depression is a common mental disorder. According to WHO, approximately 280 million people of all ages suffer from depression.

Due to rising adverse effects of depression, manufacturers in the steroid-free nasal sprays market are focusing on introducing products that can be used for the treatment of these disorders in the most effective manner.

Moreover, an increased number of regulatory approvals have been observed in the steroid-free nasal sprays market which is propelling the launch of innovative products. Therefore, manufacturers in the market are focusing on getting regulatory approvals to improve sales in the market.

“Rising availability of generic nasal sprays, along with increasing promotional activities by manufacturers at online channels will boost sales of steroid-free nasal sprays over the assessment period,” says an FMI analyst.

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Key Takeaways:

  • Based on product type, sales of nasal antihistamine sprays will increase at a 5.9% CAGR through 2032.
  • The aqueous by formulation segment dominated the steroid-free nasal sprays market with around 4% share in 2021.
  • In terms of distribution channels, demand in the institutional segment will grow at a 6% CAGR through 2032.
  • North America accounted for the highest share of 6% of the global steroid-free nasal sprays market share in 2021.

Competition Landscape

Prominent players operating in the global steroid-free nasal sprays market are focusing on the development, launch, and approval of innovative products to improve their product portfolios. For instance:

  • In February 2022, Glenmark Pharmaceuticals Limited along with SaNOtize Research & Development Corp. announced the launch of FabiSpray, the nitric oxide nasal spray for the treatment of COVID-19 in India.
  • In March 2021, Cipla Limited announced that it has received final approval from the FDA for its abbreviated new drug application (ANDA) for Sumatriptan Nasal Spray, 20 mg which is an AB-rated generic therapeutic equivalent version of GlaxoSmithKline’s Imitrex nasal spray.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the steroid-free nasal sprays market in its latest study, presenting a historical demand assessment of 2017 – 2021 and projections for 2022 – 2032. The global steroid-free nasal sprays market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

The steroid-free nasal sprays market is segmented into three parts based on the product (nasal antihistamine sprays, nasal decongestant sprays, nasal anticholinergic sprays, nasal cromolyn sodium sprays, and others), formulation (aqueous, suspension, nonaqueous-based solution, hydroalcoholic, emulsions, and dry powder/micro particles) and distribution channel- (institutional sales {hospitals, specialty clinics, community clinics, public health agencies, and others}, retail sales {retail pharmacy, drug stores, mail order pharmacy}), across seven key regions of the world.

Key Players :

  • Janssen Pharmaceutical, Inc.
  • Astra Zeneca Plc.
  • Cipla Ltd.
  • Glenmark Pharmaceuticals
  • Glaxosmithkline Plc.
  • Novartis International AG
  • Procter & Gamble
  • Sanofi S.A. (Sanofi-aventis LLC.)
  • Boehringer Ingelheim GmbH
  • AdvaCare Pharma
  • Bayer AG (Bayer Consumer Health
  • Covis Pharma S.a.r.l.
  • Nipro Corporation (NIPRO JMI Pharma Ltd.)
  • Viatris Inc. (Meda Pharmaceuticals Inc.)
  • Perrigo Company plc
  • AptarGroup, Inc.
  • Berry Global, Inc.
  • URSATEC GmbH
  • Gerresheimer AG
  • Avantor, VWR International, LLC
  • Spectrum Laboratory Products, Inc.  (Spectrum Pharmacy Products)
  • SKS Bottle & Packaging, Inc.
  • Coster Tecnologie Speciali S.p.A

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Steroid-Free Nasal Sprays Market by Category

By Product:

  • Nasal Antihistamine Sprays
  • Nasal Decongestant Sprays
  • Nasal Anticholinergic Sprays
  • Nasal Cromolyn Sodium Sprays
  • Others

By Formulation:

  • Aqueous
  • Suspension
  • Nonaqueous-Based Solution
  • Hydroalcoholic
  • Emulsions
  • Dry Powder/Micro Particles

By Distribution Channel:

  • Institutional Sales
    • Hospitals
    • Specialty Clinics
    • Community Clinics
    • Public Health Agencies
    • Others
  • Retail Sales
    • Retail Pharmacy
    • Drug Stores
    • Mail Order Pharmacy

About FMI:

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

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Phakic Intraocular Lenses (IOL) Market is estimated to reach US$ 819.5 Million by 2032

[280 Pages Report] As per Future Market Insights’ latest analysis, the global phakic intraocular lenses (IOL) market reached US$ 344.4 Mn in 2021. Sales are projected to grow at a 9.5% CAGR over the forecast period, with the market valuation reaching US$ 819.5 Mn in 2032.

Patients with high ametropia or contraindications to laser refractive surgery are treated with phakic intraocular lenses (pIOLs). The key aspect that makes these lenses ideal for use in young adults seeking ocular prescription independence is the preservation of accommodation, as lens extraction is not required.

Furthermore, as the number of people who are myopic has increased in recent years, this refractive correction option has become increasingly significant. Simultaneously, it is an important area of research in light of future estimates of the prevalence of simple myopia and, more importantly, severe myopia.

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Because of the aesthetic and optical constraints of the conventional ophthalmic lens, as well as growing trend of contact lens overuse, phakic IOLs are a viable option for individuals with severe myopia.

Although phakic intraocular lenses have some benefits over laser refractive surgery, such as reversibility, enhanced optical quality in high ametropias, and a wider range of correction, etc., it is important to remember that it is a surgical procedure with all of the risks that are associated with intraocular surgeries, including severe complications including endophthalmitis.

Growing concerns with increasing ocular disease indication burden, high prevalence of diabetes and associated retinopathy, as well as the development of alternatives to removable spectacles and lenses for corrective vision are chief factors expected to drive the market.

“Advances in excimer laser procedures have presented a gateway into the development of implantable intraocular lenses with effective vision correction outcomes. Such developments are anticipated to auger well for the market over the forecast period,” says an FMI analyst.  

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Key Takeaways:

  • Based on product type, the posterior chamber phakic IOL segment accounted for 0% of the total market share in 2021 and the trend is expected to continue through 2032.
  • By indication, sales in the astigmatism segment will increase at a 8.5% CAGR over the assessment period.
  • In terms of end user, the hospitals segment will remain most lucrative over the forecast period.
  • The U.S. is expected to lead the North America phakic intraocular lenses market over the assessment period.
  • Demand in China is expected to grow at a 10.5% CAGR through 2032.
  • Germany will emerge as a lucrative pocket, with sales rising at a 9.3% CAGR over the forecast period.

Competition Landscape

Key players are investing in research and development to offer patient-specific and indication-specific pIOLs to enhance procedural outcomes. They are also focusing on new product launch activities, licensing of product sales within a specific region, as well as regulations associated with new device development and manufacturing. For instance:

  • In January 2019, owing to the high regulatory standards, precision and quality requirements in Germany and Japan, Star Surgical announced expanded recommended diopter range for their EVO Visian ICL in both the countries.
  • In December 2019, Johnson & Johnson Vision announced the Food and Drug Administration (FDA) approval and U.S. launch of TECNIS Toric II 1-Piece Intraocular Lens (IOL).

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What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the phakic intraocular lenses (IOL) market in its latest study, presenting a historical demand assessment of 2017 – 2021 and projections for 2022 – 2032.

The research study is based on the product – (posterior chamber phakic IOL, and anterior chamber phakic IOL), by indication (myopia, hyperopia, and astigmatism), by end user (hospitals, ophthalmology clinics, and ambulatory surgical centres), across seven key regions of the world.

About Healthcare Division at Future Market Insights

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.

About FMI:

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

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INR Test Meter Market is projected to exhibit a CAGR growth of close to 6.3% over the forecast period, exceeding valuation of US$ 2.4 Bn in 2032

[300+ Pages Report] The market for INR test metres is anticipated to reach US$ 1.3 billion by the end of 2022, growing at a CAGR of 6.3 percent, and surpassing US$ 2.4 billion by 2032. With a market share of approximately 79.7% in 2021, the devices segment dominated the global INR test metre market in terms of product type.

As per Future Market Insights, the global INR test meter market was around US$ 1.2 Bn in 2021, and is projected to exhibit a CAGR growth of close to 6.3% over the forecast period, exceeding valuation of US$ 2.4 Bn in 2032.

Patients with coagulopathic aberrations related to pathological conditions have a strong reliance on PT diagnostic platforms. Patients who take warfarin frequently have medical conditions that put them at high risk for severe illness, including hospitalization, intensive care admissions, and death, as per the Centers for Disease Control and Prevention.

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With the emerging importance of utilizing point-of-care tests, the market for INT test meters is set to witness high demand during the forecast period (2022-2032). One of the primary factors driving the growth of the INR test mater market is rising prevalence of cardiovascular diseases and blood disorders across the globe.

Demand for INR test meters is expected to grow due to increased awareness of these disorders, which will improve diagnostic rates and preventive care management. Further, with favorable government funds and investments for acquiring and installing such medical devices in public healthcare facilities, the demand in the market is projected to surge through 2022 & beyond.

Key Takeaways from Market Study

  • In terms of product, devices held approximately 7% of market value share in 2021, owing to their efficacy in delivering positive therapeutic outcomes.
  • Based on end users, hospitals segment is expected to register a CAGR of 8% during the forecast period.
  • North America is considered as the leading region with a value share of 6% in 2021, owing to high lifestyle associated disease cases, and rapid device approvals.
  • The U.K. is expected to lead the growth in Europe INR test meter market backed by its development in healthcare infrastructure

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“Growing advancements of digital solutions for medical use is set to propel the sales of the INR test meter market across the globe,” says an analyst of Future Market Insights.

Market Competition

Key manufacturers in the INR test meter market are adopting strategic approaches such as mergers and research activities for revenue growth and product portfolio expansion. Producers are also engaged in several patent expiry mitigation approaches to further provide upgraded product lines, thus establishing a strong geographical outlook.

  • In November 2021, CoaguSense Inc. incorporated a novel “Prothrombin Time Home Testing System” connected with MedM remote care platform.
  • In May 2021, Biosynex acquired Avalun to become a European leader in rapid diagnostic testing.

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What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the INR test meter 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 – (device, lancet, and test strips), by end user (hospitals, speciality clinics, ambulatory surgical centres, and home care settings), across seven key regions of the world.

About Healthcare Division at Future Market Insights

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.

About FMI:

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

Contact Us:
Future Market Insights,
Unit No: 1602-006,
Jumeirah Bay 2,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers,
Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
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Increasing Adoption of Sustainable and Bio-Based Packaging Options is Expected to Boost the Sales of the Sugarcane Bottles

According to Future Market Insights research, the global sugarcane bottles market is expected to reach a valuation of US$ 52.8 Mn in 2022, and to grow at a CAGR of 5.9% to reach US$ 61.2 Mn by 2032. Sugarcane bottle sales are expected to increase, with the top three nations expected to control 35-40% of the market by the end of 2022.

Based on capacity, the 251 ml to 500 ml segment is expected to remain the market leader among other sugarcane bottle capacities. The reason for this is the vast range of applications in diverse end-use industries. Sugarcane bottles with capacities ranging from 251 ml to 500 ml are popular.

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Sugarcane Bottles Market Landscape

  • Bottle Up, Worthy,
  • BE O Lifestyle,
  • LYSPACKAGING,
  • Berry Global Inc.,
  • Reyoung Corp.,
  • Bottle Promotions, and
  • The Natural Bottle

are the key players operating in the global sugarcane bottles market. Also, some of the noticeable players operating in the sugarcane bottles are

  • Suzhou Fomalhaut Eco-Pack Material Tech Co., Ltd.,
  • Fortis X,
  • Retulp,
  • Velong Enterprises,
  • Hangzhou Tianye Packaging Technology Co., Ltd., and others.

Key Takeaways from Sugarcane Bottles Market

  • The food & beverage and cosmetics & personal care segments collectively are projected to hold around 62% of the market value share by the end of 2022. Various food & beverage brand and cosmetic brand are adopting chemical-free packaging and biodegradable packaging to gain the attention of eco-friendly consumers which drives the demand for sugarcane bottles
  • Capacity wise less than 100 ml bottles are anticipated to perform well in the pharmaceutical industry as they are perfect alternatives for packaging medicines like drops, syrups, medicinal powders, etc.
  • South Asia is projected to create a growth opportunity for the sugarcane bottles market due to the increasing production of sugarcane in the region. The South Asia sugarcane bottles market is anticipated to grow 1.6 times the current market value during 2022-2032.

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“The environmental awareness among consumers has increased the demand for recyclable and biodegradable packaging. Sugarcane bottles are gaining traction owing to their ability to preserve the quality of the product as traditional bottles. The printability feature on sugarcane bottles is projected to create growth opportunity for the target market addressing the look and feel of the product” – says an FMI analyst

High Tolerance of Sugarcane Bottles towards Chemicals is Impacting the Growth of the Sugarcane Bottles Market

Chemical resistance to the packaging of products in the industries like cosmetics and personal care and pharmaceuticals plays a critical role. Sugarcane bottles offer a very high resilience against such products and do not react with them under normal conditions making them an excellent alternative to glass or plastics.

Materials such as glass and plastics are manufactured using non-renewable raw materials and are majorly found lying in open land fields creating land pollution. Sugarcane bottles along with comparable properties are bio-based and get decomposed easily. Big pharma and cosmetic brands are constantly at war with authorities trying to tackle pollution problems. Despite being a little costly, sugarcane bottles are slowly trying to replace polluting materials while offering customizable containers of different shapes, and sizes and excellent chemical tolerance for the different end use industries.

Impact of Covid-19 on the Sugarcane Bottles Market

During the Covid-19 pandemic, supply of the sugarcane which is used as raw material for the production of sugarcane bottles became irregular, impacting the production of sugarcane bottles. The Covid-19 pandemic resulted in a lockdown situation that impacted various segments of the packaging industry. The rapid spread of the virus posed several challenges to the end use industry.

On the other hand, there was some upside in food & beverage and pharmaceutical products which had a slightly positive impact on the sugarcane bottles to a certain extent. Later, the situation began to normalize and the various end use industries started to operate with full efficiencies to cater to the demand and cover the financial damages. This created a growth opportunity for the sugarcane bottles market.

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Sugarcane Bottles Market Report

Future market insights, in its new report, offers an unbiased analysis of the global sugarcane bottles market, analyzing historical demand from 2015-2021 and forecast statistics for 2022-2032. The study reveals market growth projections on the sugarcane bottles based on the capacity (less than 100 ml, 101 ml to 250 ml, 251 ml to 500 ml, more than 500 ml), end use (food & beverage, cosmetics & personal care, pharmaceutical, consumer durables), and distribution channel (online, offline) across seven regions.

Related Report

Sugarcane Based PET Bottles Market: This Sugarcane Based Pet Bottles 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

High Density Polyethylene (HDPE) Bottles Market:  The global high density polyethylene (HDPE) bottles hold a forecasted share of US$ 52533.5 million in 2022 and are likely to surpass US$ 73390.9 million by 2032

Bottles Market: The global bottles market is expected to reach a market valuation of US$ 108.0 Bn by the year 2022

About Future Market Insights, Inc.

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

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Decorative Plastic and Paper Laminates Market Size, Share & Growth Report for 2028

In a recently released Future Market Insights outlook for decorative plastic and paper laminates, the global revenue is likely to observe moderate yearly growth in 2019 and approach US$ 70 Bn. “A majority of the sales of decorative plastic and paper laminates is attracted by a large number of smaller players operating in the competitive landscape. While more than half of the market value is accounted by the Tier 3 players that prominently include SMEs, a mere 10-15% share belongs to Tier 1 companies,” says a senior research analyst at the company.

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Key Insights at a Glance

  • A third of the total market revenue is accounted by China, followed by Eastern Europe. FMI points to remarkable progress in sales of decorative plastic and paper laminates within BRICS countries.
  • Soaring demand for decorative foils and papers in the commercial sector is prominently responsible for superiority of low pressure laminates over high pressure counterparts.
  • As smaller players dominate the market, the strategic focus remains on product differentiation and cost competitive pricing. Reduced VOC emissions is another important factor dictating strategic moves of manufacturing SMEs.
  • Key players in decorative plastic and paper laminates landscape are currently concentrating on channelizing their efforts towards strengthening the distribution network, in addition to establish a direct sales channel.

Rapid Recovery of Residential Housing Sector Firms up the Base for Decorative Plastic & Paper Laminates Demand

Although commercial sector currently dominates in terms of demand for decorative plastic and paper laminates, residential housing sector is likely to take over soon.

The residential construction realm has been witnessing strong signs of recovery over the past couple of years, which is playing a key driving force for the revenue growth of decorative plastic and paper laminates landscape.

Moreover, rapid growth of hospitality sector is providing a strong impetus to product innovation, thereby pushing the growth of leading bands dealing in decorative plastic and paper laminates landscape.

Commercial construction is also significantly favoring the sales decorative plastic and paper laminates, as indicated by the report.

Manufacturers of decorative plastic and paper laminates are also capitalizing on opportunities presented by a growing number of remodeling and repainting projects.

Wooden Flooring Trends among Consumers, Following Furniture & Cabinets

“Furniture and cabinets account for over half the share of total market value, whereas flooring applications are likely to gradually take over,” says the analyst.

Shifting consumer preferences for laminate flooring in both residential and commercial sectors is creating a heap of investment opportunities for manufacturers of decorative plastic and paper laminates.

“Consumers today seek endurance, scratch resistance, and aesthetics while purchasing furniture for homes or workplaces. Such factors are provide the trigger for application specific innovations in decorative plastic and paper laminates,” the analyst explains further.

Spectacular growth prospects are identified for Asia, North America and some parts of Eastern Europe.

Mushrooming Popularity of RTA Furniture Favors Global Sales of Decorative Plastic & Paper Laminates

Constant design innovation, consistent focus on superior quality, and maximum convenience are collectively driving consumer appeal for ready-to-assemble (RTA) furniture, especially in developed markets of North America and Europe.

Manufacturers of both RTA furniture and decorative plastic and paper laminates are taking efforts to collaboratively unlock the opportunities – with an additional benefit of less susceptibility to damage during transit and shipping.

Penetration of RTA furniture into developing economies is also gradually increasing owing to relatively lower price point and maintenance cost, thereby contributing to sales of decorative plastic and paper laminates.

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Digital Print Designs on Decorative Plastic and Paper Laminates Gather Considerable Momentum

Personalization has been trending across industries, and interior decoration is among the prominent ones. Customized digitally printed laminates are especially designed to cater to specific consumer demands regarding print design, pattern, and graphic.

Sheets of digital decorative plastic and paper laminates have high resolution images printed on them, and can be directly applied on furniture, doors, commercials, exhibition stands, and walls.

Digital print laminates are creating a slew of opportunities for manufacturers in the decorative plastic and paper laminates landscape.

Explore FMI’s Extensive ongoing Coverage on Chemicals & Materials Domain

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Lamination Adhesives Market: Innovative lamination adhesives and flexible packaging applications to complement overall growth of lamination adhesives market

Laminating Adhesives Market: The global laminating adhesives market size reached a valuation of US$ 3.10 Bn in 2021 and is further set to touch US$ 3.27 Bn in 2022. However, with rising applications of laminating adhesives across diverse end use verticals like packaging, automotive, food & beverages etc

About Future Market Insights (FMI)

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

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
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United Arab Emirates
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