Intelligent Cash Deposit Machine Market Research Report by Type, Production Technology, Application – Global Forecast by 2028

Rising preference for card-less ATM transactions is the prominent factor driving the growth of the intelligent cash deposit machine market. Financial institutions and individual ATM deplorers are continuously focusing on upgrading their ATM infrastructure to enhance security and convenience and deliver a personalized seamless banking experience to its customers by introducing card-less ATM transactional functionalities such as One-Time Access Code and biometric authentication, and intelligent cash deposit machines.

Furthermore, rise in the number of bank accounts, increasing investments towards expansion of banking network and rise in the number of foreign investments in the banking sector are the potential growth factors expected to surge the demand for intelligent cash deposit machines.

With a rise in cyber-security threats across various components of the banking system, service providers are focusing on developing and expanding the number of intelligent cash deposit machines with enhance security functionalities to protect their banking network from various types of cyber-attacks.

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Intelligent cash deposit machines are cash deposit systems that automate cash deposit transactions by counting, identifying, sorting and saving without any human interference.

They streamline the procedure of cash depositing, improve service efficiency and increase the productivity of retail staff. Some of the features of intelligent cash deposit machines include safety, automated cash reconciliation, instant access to all deposit information & management reporting and reduction in cast-in-transit related costs.

These factors are creating potential growth opportunities for the intelligent cash deposit machine market.

Global Intelligent Cash Deposit Machine Market: Drivers and Challenges

Drivers

Digitalization in the banking industry is driving the growth of the intelligent cash deposit machine market. Also, the rising focus of financial service providers on delivering more functionalities to consumers through the ATM channel by deploying automated deposit ATMs with intelligent deposit and cash recycling technology in order to improve customer satisfaction is another major factor driving the growth of the market.

Moreover, the increasing focus of financial organizations to increase the reach of intelligent cash deposit machines in rural and remote corners of countries in regions such as Asia Pacific and MEA is fuelling the growth of the intelligent cash deposit machine market.

Apart from this, economic development in regions such as the Middle East & Africa and Asia Pacific and the growth and investment in the banking sectors of various countries are creating potential growth opportunities for the intelligent cash deposit machine market.

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Challenges

The high maintenance cost of intelligent cash deposit machines hinders the growth of the intelligent cash deposit machine market. Also, the rising customer preference for non-cash payments such as mobile payments, e-commerce payments, and online bill payments and expanding digital banking solutions reduce the need for cash in various regions around the globe.

Moreover, the rising trend of UPI payments, and money transfer applications hampers the growth of the intelligent cash deposit machine market.

Global Intelligent Cash Deposit Machine Market: Competition Landscape

Key Players

Some of the prominent players in the intelligent cash deposit machine market include NCR Corporation, Dibold Nixdorf, Hitachi-Omron Terminal Solutions, Corporation, GRG Banking, Fujitsu Frontech Ltd., Triton Systems of Delaware LLC, Nautilus Hyosung Corp., HESS Cash Systems GmbH & Co. KG, and Oki Electric Industry Co., Ltd.

Global Intelligent Cash Deposit Machine Market: Regional Overview

On the basis of geographical presence, North America is anticipated to capture the largest market share, owing to the well developed and established banking and financial organizations and presence of various intelligent cash deposit machine manufacturers in the region.

Europe and APAC are also expected to gain substantial market shares due to rapid infrastructural development and an increase in the number of ATMs and penetration of cash deposit machines in the region.

Further, APAC is expected to be the fastest growing intelligent cash deposit machine market, owing to the government initiatives taken towards the improvement of the banking sector by emerging economies such as India, China, and Japan.

The intelligent cash deposit machine markets in Latin America and MEA are also expected to witness high growth rates in the coming period due to the rise in digital technologies and increasing adoption of advanced banking solutions in the region.

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

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

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The report covers exhaust analysis on

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

Global Intelligent Cash Deposit Machine Market: Segmentation

Segmentation of the intelligent cash deposit machine market on the basis of screen size:

  • 15” and below
  • Above 15”

Segmentation of the intelligent cash deposit machine market on the basis of type:

  • Off-site intelligent cash deposit machine
  • On-site intelligent cash deposit machine

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Di-electric Gases Market Size & Industry Trends Report for 2031

Surge in demand for SF6 gases from the power industry is expected to remarkably contribute towards the expansion of the di-electric gases market, finds Future Market Insights (FMI) in a study. According to the report, the market is forecast to exhibit 7.6% CAGR by 2031. Growth will continue especially as the demand from power utilities continues rising. As per FMI, SF6 gases will account for over 85% of sales in 2021. Bullish growth is on cards despite a period of temporary lull following curbs imposed amid COVID-19.

Globally, the di-electric gases market is driven by the increasing demand for SF6 gas in power utilities, transportation, and chemicals & petrochemicals industries. The power utilities and transportation industries among them have emerged as key end users, with power utilities accounting for over 50% of di-electric gases sold. Promising growth is on cards as there is unavailability of any substitute products for SF6. The application of SF6 as an insulating medium in gas insulated products, such as switchgears, transformers, and gas insulated lines will therefore gain momentum in the coming years.

Dielectric gases are dielectric materials that exist in the gaseous state. These gases are generally used as insulating medium in high voltage transmission units, such as transformers, switchgears and gas insulated lines. The gas used as an insulating media must have chemical inertness, good dielectric strength, high thermal stability, non-flammability, and low boiling point. The most common gases used across the globe for insulation purpose in dielectric gases are dry air, Nitrogen, SF6, fluoroketones (FK), fluoronitrile (FN) and others. In the others segment perfluorcarbon (PFC), fluoroxirane (FO), and all the remaining combinations used as dielectric medium in gas insulated transmission units.

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Key Takeaways from Di-electric Gases Market Study

  • Driven by the rising demand from power utilities, the di-electric gases market will continue expanding, reaching a valuation of US$ 241.4 Mn by 2031
  • Expansion of power utilities and the oil and gas sectors is giving tailwinds to growth in the U.S., which will continue account for over 75% of sales by 2031
  • Increasing investment is identified as a chief driver of the U.K. market, enabling y-o-y growth at 7% in 2021
  • Germany and France too will report impressive recovery following a period COVID-19 induced slowdown in the di-electric gases market
  • China’s contribution towards East Asia market will continue rising, trailed by South Korea

Di-electric Gases Market: Participant Insights

Key manufacturers in the Di-electric Gases market, like The 3M Company ,Solvay S.A. ,General Electric, The Linde Group, KPL International Limited, Matheson Tri-Gas, Inc., Kanto Denka Kogyo Co., Ltd., Showa Denko K.K., ABB Inc., Messer Group GmbH and others.  are focused on strengthening their product portfolio and expanding their market footprint through acquisition of smaller companies in the market.

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Di-electric Gases Market by Category

Gas Type

  • SF6 Di-Electric Gases
  • Dry Air Di-Electric Gases
  • Nitrogen Di-Electric Gases
  • Fluoronitrile (FN) Di-Electric Gases
  • Fluroketones (FK) Di-Electric Gases
  • Others

By End Use Equipment

  • Switchgear
  • Transformers
  • Gas Insulated Lines

Application

  • Medium Voltage
  • High Voltage
  • Extra & Ultra High Voltage

Region

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

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

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Viscosupplementation Market to reach a valuation of US$ 2.89 Billion by 2030 | FMI

According to the study, a number of broader, and industry-specific factors will drive growth in this market, which has been relatively less impacted by the sluggishness induced by COVID-19.

Global viscosuppplementation revenues are likely to reach USD 4 billion by the end of 2030, according to a new research by ESOMAR-certified firm Future Market Insights.

As per the UN, by 2050, those aged 60 and above will account for over 20% of the global population. In other words, the UN says that by 2050 around 130 Mn people will contract osteoarthritis. These numbers point towards growth in the viscosupplementation market in the forecast period.

Covid-19 Pandemic: Viscosuppplementation Market Players Consolidating their Position

The ongoing Covid-19 pandemic has compelled the market players to take a consistent path for the next two quarters. As it would take some time for the healthcare vertical to look through new product launches; the players are looking at ways to smoothen the supply chain as manpower has taken a hit.

Continuous innovations are expected to propel the growth of viscosupplementation market” says the FMI analyst

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Viscosupplementation Market

Key Takeaways of Viscosupplementation Market Study

  • Three injection viscosuppplementation is expected to contribute for more than 55% of revenue share
  • Knee osteoarthritis is expected to gain around one-third of market share during the forecast period
  • North America is the highest revenue generating market due to scientific advancements and high adoption of viscosuppplementation

New Product Development to be the Torchbearer

The market players are into the innovation mode to strengthen their foothold in the viscosupplementation market. This competitive landscape is all set to create ripples all across the market. Some of the innovations are:

  • Fidia Pharma USA Inc., in 2019, introduced a HA (Hyaluronic Acid) based intra-articular viscosupplement called “TRILURON” to treat knee osteoarthritis. The treatments cycle involves 3 injections at weekly intervals.
  • Japan-based Seikagaku Corporation, in Mar 2019, launched an intra-articular single-injection viscosupplement called “HyLink” in Italy for treating knee osteoarthritis.
  • Recently, Gel-One Hyaluronate was approved as one of the injectable gels to treat osteoarthritis of knee. The pre-market clinical study reported no pseudosepsis (severe acute inflammatory responses).

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Want more insights?

Viscosupplementation market, a new study from Future Market Insights, opines on the viscosupplementation from 2015 – 2019 and presents demand projections from 2020 – 2030 on the basis of; product types (single injection viscosupplementation, three injection viscosupplementation, and five injection viscosupplementation), application (knee osteoarthritis, hip osteoarthritis, shoulder osteoarthritis, and others such as elbow and ankle joint osteoarthritis), and end user (hospitals, ambulatory surgical centers, orthopedic clinics, retail pharmacies, and online sales) across seven prominent regions.

Viscosupplementation Market: Segmentation

The global viscosupplementation market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

Product Type

  • Single Injection Viscosupplementation
  • Three Injection Viscosupplementation
  • Five Injection Viscosupplementation

Application

  • Knee Oseteoarthritis
  • Hip Oseteoarthritis
  • Shoulder Oseteoarthritis
  • Others

Region

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

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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Silica for S-SBR Market Comprehensive Shares, Historical Trends and Forecast by 2028

Future Market Insights (FMI) provides key findings on the global Silica for S-SBR market in its latest report titled ‘Silica for S-SBR Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028’. The market viewpoint on the global Silica for S-SBR market remains optimistic, with market value expected to increase at a CAGR of 7.2% during the forecast period (2018– 2028).

Among types, the untreated segment is expected to expand at a significant growth rate, in terms of value, over the forecast period. However, there has been a noteworthy rise in demand for treated type of Silica for S-SBR since the last few years from North America and Europe.

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Silica is used as a reinforcing filler and has been replacing conventionally used carbon black in tires. The use of Silica for S-SBR has led to improvements in rolling resistance. Silica for S-SBR has also been responsible for improving fuel efficiency by 5%-7% and reducing carbon emission by ~20%. The sales of Silica for S-SBR is estimated to be valued at US$ 619 Mn by the end of 2018, witnessing a Y-o-Y growth of 7.2% over the period 2018-2028. China is estimated to have accounted for a value share of 22.1% in the global Silica for S-SBR market by 2017 end and is anticipated to retain its dominance throughout the forecast period in the global Silica for S-SBR market. North America also holds significant position, both in terms of production and consumption of Silica for S-SBR.

Injection of silica in the nano-pores of S-SBR causes interpenetration and maximum space/pore filling. This results in tight polymer-filler (silica) interlocking, which eventually leads to lower hysteresis and thus, higher rolling resistance. Silica for S-SBR is used in modern passenger car tires’ threads as reinforcing filler. Silica is also widely used as a performance enhancing filler for tires, industrial goods and as a non-black reinforcing agent for footwear soles, especially athletic shoes.

Increasing stringent regulations regarding tire labelling in countries, such as North America, Europe, China, Japan and South Korea, are anticipated to drive the demand in the Silica for S-SBR market. The use of Silica for S-SBR significantly enhances tire performance. The magic triangle i.e wet grip, abrasion resistance and wear resistance, shows significant improvements with the use of Silica for S-SBR in tires. Silica for S-SBR leads to better grip and braking during winters. Thus, a rise in demand for Silica for S-SBR in winter tires is expected during the forecast period. Tire makers have switched to Silica for S-SBR made tires to cut down rolling resistance by 20% and increase fuel efficiency by 5%. Road transport contributes ~20% share to CO2 emission in the EU and other developed countries.

The footwear segment is also anticipated to witness rise in demand for silica for S-SBR. The use of silica in footwear sole results in highly wear resistant sole that doesn’t leave scrapes on floor.

Major manufacturers have also entered into strategic partnerships with the global tire manufacturers to ensure long term supply of silica for S-SBR application.

Over the past few years, the global manufacturers have also expanded their product offerings for the use of silica for S-SBR for the non-tire thread applications.

Segmentation Analysis

On the basis of application, the Silica for S-SBR market is anticipated to be dominated by the tire reinforcement segment. Silica for S-SBR made tires offer higher fuel efficiency, which consumers prefer these days and thus, the demand in the Silica for S-SBR market is anticipated to increase during the forecast period.

Regional Analysis

From a regional perspective, a significant share of the global Silica for S-SBR market demand is projected to come from North America and European regions. Tire labelling regulations and governments’ efforts to cut down CO2 emissions have led to further rise in demand for Silica for S-SBR market. Silica reinforced S-SBR market is anticipated to witness rise in demand from winter tires in the country. SEA and Other Pacific has witnessed rise in demand for silica for S-SBR owing to the growing automotive industry in ASEAN region. Regions such as Japan and South Korea has also witnessed noteworthy rise in demand for silica for S-SBR owing to the increase in use of high performance tires for heavy and medium vehicles apart from the passenger cars.

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Key Players Dominating the Global Silica for S-SBR Market

Some of the key players whose profile has been covered in the global silica for Silica for S-SBR market study are Trinseo, Lanxess Aktiengesellschaft, LG Chem, Dynasol Group, Taiwan Synthetic Rubbers Corporation, JSR Corporation, Sibur International GmbH and Sumitomo Chemicals Co. Ltd., amongst others.

Silica Manufacturers in the Global Silica for S-SBR Market

Solvay S.A. Evonik Industries AG, PPG Industries Inc., Oriental Silicas Corporation amongst others.

Key Segment

Type

  • Treated
  • Untreated

Application

  • Tire reinforcing material
  • Footwear sole
  • Polymer Modification
  • Adhesives and Sealants
  • Others

End Use Industry

  • Automotive
  • Construction
  • Footwear
  • Other Industrial

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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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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

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:

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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

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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Future Market Insights,
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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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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.

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:

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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.

Contact Us:
Future Market Insights,
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Plot No: JLT-PH2-X2A,
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