Airborne Surveillance Market Development by Companies Outlook, Growth Prospects & Key Opportunities by 2028

The continuously increasing number of terrorist organizations is giving rise to defense security systems across the world. In India, for security purposes, the Defense Research and Development Organization (DRDO) initiated a project named Airborne Surveillance Platform (ASP) to develop an airborne early warning system. This airborne early warning system is designed to detect threats from aircraft, ships, or any other vehicles at long ranges across the border.

Airborne surveillance can give a bird’s-eye view, which is possible from aircraft, and provides quicker footage, a more extended line of sight, and a more extensive area of an observation than on the ground, though usually with less resolution. Nowadays, airborne surveillance can be done by manned aircraft, hot-air balloons, lower orbit satellites, helicopter-based surveillance systems, and unmanned drones.

The design of airborne surveillance systems consists of an antenna and rotodome, airborne data processor, and integrated navigation system. For airborne surveillance, a synthetic aperture radar (SAR) and night camera are used to provide situational awareness. Airborne surveillance can capture data and images in any environment, and can also offer live videos of any particular area. The market for airborne surveillance is increasing, as many influential countries are looking forward to becoming secured from enemies.

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On the other hand, humans can control manned airborne surveillance, but unmanned airborne surveillance is uncontrollable when any computer malfunction occurs. Drone warfare can cause collateral damages on civilian lives and property. Airborne surveillance devices are costly to produce and manufacture. Battery or energy limitation is another challenge in airborne surveillance. The capacity of drones to support cameras and motors is not sufficient. However, commercial drones can typically fly continuously for only around 25 minutes, which increases costs. Companies are manufacturing hydrogen fuel cells, which are lighter and more efficient than electric and lithium batteries. Nowadays, many countries are adopting airborne surveillance to provide aerial overview, security guard tours, thermal imaging, short- and long-range tracking, and crowd control, most importantly for defense purposes. The commercial drone market is rapidly growing in several industries such as transport, infrastructure, agriculture, telecom, security, media & entertainment, insurance, and mining.

Several developments are waving up unceasingly in the airborne surveillance industry, with reference to cyber-security and imaging, along with the proliferating growth rate of the market has drawn Future Market Insights’ interest in studying and analyzing the market, so that we can offer our clients with a solution which is a blend of quantitative and qualitative analysis of the airborne surveillance market, along with recent developments and innovations.

Product and Technology Innovation

The airborne surveillance system market, at the moment, is experiencing noteworthy developments, driven by various vendors in the air, land, and naval industries. Vendors such as Saab, along with BAE Systems, are currently working on developing drones and radar technologies, wherein Saab is providing its GlobalEye AEW&C solution.

The companies are focusing on developing and manufacturing innovative products and radar technologies to enhance airborne, maritime and land surveillance. With multiple technologies being developed continuously, their integration and application with any system from any manufacturer has become very cumbersome.

GlobalEye AEW&C provides air, maritime, and ground surveillance to produce maximum operational performance in terms of detection capabilities and mission continuity. With extended range and enhanced performance, GlobalEye AEW&C is perfectly positioned to provide the most demanding operational requirements. GlobalEye AWE&C has the ability to detect and focus on low-observable air targets in heavy clutter and jamming conditions, and can also detect maritime targets, including small jet-skis. GlobalEye AEW&C also detects moving objects through long-range wide areas and provides radar images. GlobalEye AEW&C can fly up to an altitude of 6,500 ft with 11 hours of endurance. It consists of a self-protection system, voice communication, satcom, EO/IR sensor, datalinks, and AIS.

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BAE Systems offers radar technologies to provide better and enhanced video surveillance systems. BAE systems offer a product named Sampson, which provides situational awareness and targeting solutions. The radar Samson is used by air defense systems to combine the role of surveillance and tracking. Sampson provides search and precision tracking of multiple targets with weapon control systems. Sampson offers various features, such as stealth target detection, ECM immunity, and variable data rate for threat tracking. In operational capabilities, Sampson supports both, point and area defense against future air threats in heavy jamming.

The system is reconcilable with active and semi-active homing missile systems, which makes operational availability high. However, multiple parallel paths are used in the design to maintain several sub-systems when the operation fails. To maintain servicing of the system, there are no high voltage or high power microwave parts used. The operating costs of Sampson are economical, since highly reliable transmitters are used.

Competitive Landscaping

The market, currently, is considerably competitive, with continuous product and technology developments by established as well as new players. Some of the key players in the airborne surveillance system market are Axis Communications AB, BAE Systems, L-3 Communications, Northrop Grumman, UTC aerospace systems, Boeing, Raytheon, Rockwell Collins, Thales, Saab AB, Lockheed Martin Corporation, Textron Inc., Leidos, Airbus Group, Elbit Systems Ltd., Hikvision, Dahua Technology , Panasonic, Honeywell Security, Hanwha, United Technologies, Tyco, Bosch Security Systems, Pelco, Huawei Technologies, Siemens AG, Avigilon Corporation, Uniview, Flir Systems, Inc, and Williams Advanced Engineering, among others.

These companies are continually evolving their portfolios with newer technological developments and upgrades. For instance, in December 2017, Airbus and Williams Advanced Engineering collaborated to explore potential areas in innovative technologies.

Both the companies are focusing on manufacturing and developing lightweight unmanned aerial systems (UAS) and batteries. Airbus’ Zephyr is a solar-powered unmanned aerial system or drone with communication and surveillance capabilities. Williams Advanced Engineering intends to manufacture lightweight batteries for Airbus’ Zephyr for better lifespan of the unmanned aerial system.

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The global airborne surveillance systems market can be segmented on the basis of airborne surveillance type, application, and region. On the basis of airborne surveillance type, the market can be segmented into manned airborne surveillance system and unmanned airborne surveillance system.The unmanned airborne surveillance system segment is expected to hold a majority of the airborne surveillance systems market’s share, and is furthermore expected to grow at a faster rate in comparison to the manned airborne surveillance system segment.On the basis of application, the market can be segmented into defense, security, commercial, and research.

With respect to geographical segmentation, the airborne surveillance systems market can be segmented across North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, China, and the Middle East & Africa. Among the various regions, North America is expected to dominate the global airborne surveillance systems market during the forecast period, owing to the high sales of manned airborne surveillance systems and high implementation of security radar units in the region.

The U.S. is expected to hold a major share in the global airborne surveillance systems market because of the high demand from end users and technological advancements in the country. Asia Pacific and Europe are expected to follow North America, and Asia Pacific is expected to grow at a considerably faster rate during the forecast period, owing to increasing sales in the region.

Research Methodology

The methodology utilized to asses and forecast this market involves both, vendors and consumers. The financial data (revenues) of key vendors is apprehended through secondary research sources, such as companies annual reports and investors’ presentations; industry association publications; paid data bases including Factiva, Avention, Orbis, and others; industry journals & magazines; research papers; and other relevant data available on the public domain.

Estimated market revenue is cross-validated by conducting primary interviews with various participants, majorly C-level executives or senior sales personnel of market players in the ecosystem. Stakeholders, including component providers, device manufacturers, technology providers, software providers, distributors and resellers, and system integrators, as well as service providers are interviewed to fetch the most relevant industry data. On the consumer side, end-user surveys across different industries and regions are performed to gather and analyze qualitative information of the market, from a consumer’s perspective.

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

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Regression Analysis Tool Market Size, Growth, Demand, Scope, Opportunities & Forecast to 2028

Regression analysis tools are the most widely used statistical tools that help estimate the relationship between dependent variables and independent variables. They are used to predict the actual outcomes and to explain or understand the relationship among variables. Regression analysis tools help study the relationships among two variables based on a sample. Regression analysis tools help by providing an equation for a graph that helps predict data trends.

In statistics, it is very difficult to make any sense of random numbers in a table. In this case, regression analysis tools help make a better prediction by using an equation. From the mathematical point of view, the two basic types of regression are linear and nonlinear. If the fit parameters appear linearly in the least squares normal equations, the model is known as a linear model, otherwise it is a nonlinear model. Regression analysis is also known as surface fitting or curve fitting.

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Global Regression Analysis Tool Market: Dynamics

Several times, it becomes necessary to use regression analysis tools in the field of biomedical signal processing to evaluate the sufficiency of parameterisation techniques to predict and to quantify the health state of the analysed subject on selected rating scales to assess the severity of a disease.

This is one of the key factors driving the regression analysis tool market. Regression analysis tools provide detailed insights that can also be used to improve products and services. This is another factor fuelling the growth of the regression analysis tool market.

The results obtained from a regression analysis tool are accurate and more reliable for decision making, thus the high accuracy of the result is also one of the major factors driving the regression analysis tool market. Moreover, regression analysis tools eliminate the need for time-consuming and the tedious processes, as one does not have to perform the same tests again and again. This is also one of the factors boosting the regression analysis tool market.

However, one of the challenges faced while using regression analysis tools is that as the products gets updated, it becomes quite complex, to perform the tests because even a small modification can bring unexpected issues in the existing functionality and the list of tests grow to a large amount in the regression pack. This complexity is one of the major factors restraining the growth of the regression analysis market.

Global Regression Analysis Tool Market: Competition Landscape

Key Developments

In June 2017, CAMO Software AS announced a global partnership with Metrohm AG, a provider of precision instruments. Metrohm’s software Vision Air 2.0 supports prediction models created in CAMO’s Unscrambler X software and offers convenient import & export functionality to enable sample analysis and measurement execution in Metrohm’s Vision Air software.

Key Vendors

Some of the key vendors in regression analysis tool market are MathWorks, Inc.; International Business Machines Corp.; SAS Institute Inc.; StataCorp LLC; Minitab Inc.; QlikTech International AB; GraphPad Software Inc.; Lumina Decision Systems and TIBCO Software Inc.

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Global Regression Analysis Tool Market: Regional Outlook

Geographically, the regression analysis tool market can be segmented into North America, Western Europe, Latin America, Eastern Europe, Asia Pacific excluding Japan (APEJ), Middle East and Africa (MEA) and Japan.

North America is expected hold the largest share of theregression analysis toolmarket during the forecast period because of the local presence of regression analysissoftware and service providers.

In addition, technological advancements in the field of analytics and cloud in the European region have led to the high adoption of regression analysis toolsin this region, which is expected to significantly boost the regression analysis toolmarket 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.

The report covers exhaust analysis on

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

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Global Regression Analysis Tool Market: Segmentation

The global regression analysis toolmarket can be segmented on the basis of components, type, deployment, organisation size, industry and region.

Regression analysis tool market, by components

  • Software
  • Services

Regression analysis tool market, by deployment

  • Cloud
  • On-Premise

Regression analysis tool market, by type

  • Simple Linear Regression
  • Multiple Linear Regression

Regression analysis tool market, by organisation size

  • Small & Medium Enterprises
  • Large Enterprises

Regression analysis tool market, by industry

  • Retail
  • BFSI
  • Healthcare & Life sciences
  • Education
  • Media & Entertainment
  • Transportation & Logistics
  • Others

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Post Harvesting Technologies Market By System Type, End User, Regional Analysis & Forecast by 2028

Farming helps most countries increase their economy that is dependent on agriculture. Farming is not only associated with commercialization and sparked images of rows of vegetables. After farming, post harvesting technologies are used to prevent crops deteriorate by cooling, cleaning, sorting and packing.

Post harvesting technologies determines the final quality, whether a crop is sold for fresh consumption, or used as an ingredient in a processed food product. The most important factor of using post harvesting technologies is to keep the product cool and also to avoid moisture loss.

Post harvesting technologies slows down undesirable chemical changes, and avoids physical damages, such as bruising and spoilage. Post harvesting technologies processes are usually conducted in a packed house. In post harvesting technologies, the storage conditions are critical to maintain quality.

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With the help of post harvesting technologies, each crop has an optimum range of storage temperature and humidity. The basic principles of post harvesting technologies for most crops are the same, handle with care to avoid damage (cutting, crushing, bruising), cool immediately and maintain in cool conditions, and cull (remove damaged items).

The method of post harvesting technologies depends on the size of the operation and the amount of mechanization. The different type of methods used in post harvesting technologies are manual harvesting, machine threshing, machine reaping, and combine harvesting.

Post harvesting technologies are used to develop in relation with needs of each society to stimulate agriculture production, prevent post-harvest losses, improve nutrition and add value of production. The process of developing of post harvesting technologies and its purposeful use need on inter disciplinary and most multidimensional approach.

Post Harvesting Technologies Market: Drivers and Challenges

Drivers

The emerging new technological trends are driving the adoption of post harvesting technologies across agriculture industry. IoT and artificial intelligence are being used by all major companies across the agriculture industry and it requires machines with high processing capabilities.

Furthermore, the use of analytics and big data processing software is increasing across agriculture industry such as, which is driving the growth of post harvesting technologies market.

Challenges

The primary challenge faced by the farmer in post harvesting technologies market is the high cost of implementation and ensuring privacy & security. The cost of establishing post harvesting technologies in farms is too high, due to its features and installations. Furthermore, high level of technical skills is required for the installation and maintenance of post harvesting technologies.

Post Harvesting Technologies Market: Competition Landscape

The names of the key vendors of Post Harvesting Technologies market includes: Decco, Pace International, Xeda International, JBT, and Agrofresh, Absoger s.a., Brancato, catalytic generators Inc. and government bodies & regulatory associations such as the US Department of Agriculture (USDA) and the Food and Agriculture Organization (FAO).

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Post Harvesting Technologies Market: Regional Overview

On the basis of geography, North America is expected to capture the largest market share, owing to the presence of well-developing post harvesting technologies vendors, and due to the presence of various innovative technology developers and manufacturers in the region. Europe is also expected to gain substantial post harvesting technologies market share due to the introduction of new technologies and applications. APAC is expected to be the fastest growing post harvesting technologies market, owing to the government initiatives being taken towards the improvement of technologies by emerging economies such as India and China.

The post harvesting technologies markets in Latin America and MEA is also expected to witness high growth rates in the coming period, due to an increase in the demand for smart farming.

The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Historical Actual Market Size, 2013–2017
  • Market Size & Forecast, 2018 to 2028
  • Supply & Demand Value Chain
  • Market Current Trends/Issues/Challenges
  • Competition & Companies Involved in the Market
  • Market Solutions Technology
  • Value Chain of the Market
  • Market Drivers and Restraints

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Global Post Harvesting Technologies Market: Segmentation

The post harvesting technologies market can be segmented into types, applications, and regions.

Segmentation of the Post Harvesting Technologies Market on the Basis of Type:

  • Coatings
  • Cleaners
  • Fungicides
  • Ethylene
  • Blockers
  • Sanitizers
  • Sprout Inhibitors

Segmentation of the Post Harvesting Technologies Market on the Basis of Applications:

  • Fruits
  • Vegetables
  • Crops

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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.

Contact:

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Fuel Management Software Market : Global Analysis, Size, Share, Growth, Trends & Forecast by 2028

Nowadays, marine, air, and rail transport are the best means of transportation and travelling. Every day, thousands of packages arrive at seaports and airports from countries all around the world. Fuel management software helps in maintaining, controlling, and monitoring fuel consumption and stock in various industries like rail, road, water, and air.

Fuel management software plays a very important role by enabling long-range connectivity and the proper use of fuel, which helps in effectively measuring the fuel consumption. The Internet plays a crucial role in the fuel management software market by managing connectivity and ensuring better services.

There are many industries, which use fuel management software, and the most common among them are construction and transport. Fuel management software has changed the way the world operates, especially when it comes to airplanes, ships, and other vehicles. There are many types of fuel management software, such as card-based fuel management software systems.

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Fuel companies offer total fuel management software systems, in which they provide elements of a card-based system along with on-site fuel delivery and refuelling services. Fuel management software is combined with RFID technology, which helps in identifying equipment and ensuring automated fuel management.

Global Fuel Management Software Market: Drivers and Challenges

Drivers

As technology is transforming in smarter ways, connected devices in fuel management software are playing an important role by providing a centralized access to multiple electronic devices and a proactive approach to energy saving. The primary factor which is driving the fuel management software market is the growing demand for efficient logistics throughout the world.

The growth of the fuel management software market is being boosted due to the rise in the number of travellers through marine, air, and ground transportation modes. The defense organisations of different nations are also using fuel management software systems for refuelling their vehicles in bulk. These are the primary factors which are increasing the growth of the fuel management software market throughout the world.

Challenges

Fuel management software is adopted by many industries to keep track of their fuel consumption. However, there are some challenges which are faced by users. In cities or at any other crowded areas with too many vehicles, pollution has become a major issue. These are the primary challenges which are hindering the growth of the fuel management software market.

Global Fuel Management Software Market: Competition Landscape

Key Players

A few of the participants in the fuel management software market are ESI Total Fuel Management, SCI Distribution, LLC, Fluid Management Technology Pty Ltd., SmartFlow Technologies, Emerson, Guduza System Technologies, Fleetmatics Group PLC, Telenav, Inc., TomTom International BV, and Trimble Inc.

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Global Fuel Management Software Market: Regional Overview

On the basis of geography, North America and Asia Pacific are expected to capture the largest fuel management software market share, owing to well-developed fuel management software companies, and also due to the presence of various innovative technologies and demand in the regions.

Europe and MEA are also expected to gain a substantial fuel management software market share due to the introduction of new technologies and increase in construction industry. China is also expected to be one of the fastest-growing fuel management software markets, owing to government initiatives being taken towards the improvement of technologies.

The fuel management software markets in Latin America and Japan are also expected to witness high growth rates in the coming period, due to an increase in the demand for the transportation and logistics.

The report covers exhaustive analysis on

  • Global Market Segments
  • Global Market Dynamics
  • Historical Actual Market Size, 2013–2017
  • Global Market Size & Forecast, 2018 to 2028
  • Supply & Demand Value Chain for the Market
  • Global Market Current Trends/Issues/Challenges
  • Competition & Companies Involved in the Market
  • Solutions Technology
  • Value Chain of the Market
  • Global Market Drivers and Restraints

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Segmentation of the fuel management software market by process:

  • Measuring
  • Monitoring
  • Reporting

Segmentation of the fuel management software market by application:

  • Fuel Consumption
  • Efficiency Level
  • Fleet Management
  • Viscosity Management

Segmentation of the fuel management software market by end user:

  • Defense
  • Rail Transportation
  • Marine Transportation
  • Airways

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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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MENA Digital Transformation Market to Display Impressive Growth of 22.7% with Rising Demand from 2022 to 2032

According to Future Market Insights report the overall MENA digital transformation market is expected to grow from US$ 38.4 Bn in 2021 to US$ 298.2 Bn by 2032, with total sales exhibiting a CAGR of around 22.7% during the forecast period 2022 to 2032.

Rising adoption of digital transformation solutions and services across end-use industries including automotive, BFSI, healthcare, IT & telecom is a key factor driving growth in the MENA digital transformation market and the trend is likely to continue during the forecast period.

Digital transformation is the large umbrella term referring to the various technological developments which can help businesses digitize their processes and workflows. The technologies which come under digital transformation include cloud, IoT, AI, analytics, enterprise mobility management, etc.

Majority of the companies across MENA are increasingly implementing digital technologies to increase workflow, reduce costs, and stay updated with the latest trends happening around the world.

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Similarly, various government initiatives and penetration of industrialization are expected to bolster the growth of MENA digital transformation market over the next ten years.

Key Takeaways: MENA Digital Transformation Market

  • By solution, business intelligence and analytics software segment holds the largest market share of US$ 5 Bn while the AI platform segment is expected to witness the fastest CAGR of 28.6% during the forecast period.
  • By deployment, on-premise mode of deployment holds the highest market share of US$ 18.9 Bn while the cloud segment is set to register the highest growth rate of 2% CAGR through 2032.
  • By industry, BFSI sector holds the largest market share of US$ 6.2 Bn while IT & telecom segment will register the highest CAGR of 5%.
  • Middle East digital transformation market is valued at around US$ 22.2 Bn .
  • The digital transformation market in North Africa is projected to grow at the highest CAGR of 8% during the assessment period.
  • Egypt will emerge as the most lucrative market for digital transformation solutions and services, exhibiting a CAGR of 2% throughout the forecast period.

Major reasons why companies are increasingly implementing digital transformation is to improve customer engagement and internal processes. Several government initiatives are being laid down to improve digital transformation in this region, which will eventually boost market growth over the next ten years,” says the FMI analyst.

Adoption of 5G and a Large Internet to Boost Growth of Digital Transformation Market in MENA

5G rollouts in this region are supporting digital transformation. The pandemic and availability of internet made it important for companies to engage with their customers online, such as ecommerce and digital marketing. This allowed digital transformation companies to provide their solutions and services to these companies.

To keep up with the developments that are occurring across MENA, several companies in these countries are shifting to the cloud, implementing automation tools and various other technological advancements that in turn boost digital transformation.

Who is Winning?

Market players operating in MENA digital transformation market include Protiviti, Deloitte, Siemens, IBM, Palo Alto Networks, Digital Qatalyst, Torry Harris, Tech Carrot, Baariz, Zealous Web, Alareeb ICT, Ducont, DXC Technologies, Cognizant and Etisalat among others.

These leading players are concentrating on introducing new solutions and services to expand their customer based and improve their revenue share.

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More Valuable Insights on MENA Digital Transformation

In this report by Future Market Insights, MENA digital transformation has been segmented into six sections: by solution (business intelligence and analytics software, AI platform, IoT platform, enterprise mobility management suite, cloud enablement platform, enterprise collaboration and communication, others), services (digital transformation consulting, digital transformation technology implementation, digital transformation technology integration, digital business operations & management, others), deployment mode (cloud and on-premises), enterprise size (large enterprise, small and medium-sized enterprises (SMEs)), industry (BFSI, healthcare and life science, IT & telecom, retail and eCommerce, travel and hospitality, media and entertainment, automotive, others), and country (Saudi Arabia, United Arab Emirates, Qatar, Egypt, Israel and rest of MENA) to help readers understand and evaluate lucrative opportunities in the MENA Digital Transformation demand outlook.

Competitive Landscape

The MENA digital transformation market is primarily growing through government initiatives and several large companies developing their technological capabilities in this region. Similarly, key players are partnering and collaborating with end-use industries to provide various digital transformation solutions and services. For instance,

  • In April 2022, First Abu Dhabi Bank of UAE partnered with IBM to support the bank’s digital transformation. IBM intends to improve FABs digital platforms in a hybrid cloud environment. IBM also plans to update the application of the bank and improve FABs digital footprint.
  • In May 2022, the Abu Dhabi Department of Economic signed an MoU with SAP to drive digital transformation. Through the partnership, both parties intend to enhance industrial innovation, digital transformation, develop advanced business models, improve local digital competencies by supporting start-ups and small and medium enterprises.

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MENA Digital Transformation Market by Category

By Solution:

  • Business Intelligence & Analytics Software
  • AI Platform
  • IoT Platform
  • Enterprise Mobility Management Suite
  • Cloud Enablement Platform
  • Enterprise Collaboration & Communication
  • Others

By Services:

  • Digital Transformation Consulting
  • Digital Transformation Technology Implementation
  • Digital Transformation Technology Integration
  • Digital Business Operations & Management
  • Others

By Deployment:

  • Cloud
  • On-Premises

By Enterprise Size:

  • Small and Medium-sized Enterprises (SMEs)
  • Large Enterprises

By Industry:

  • BFSI
  • Healthcare and Life Sciences
  • IT & Telecom
  • Retail and eCommerce
  • Travel and Hospitality
  • Media and Entertainment
  • Automotive
  • Others

By Country:

  • Saudi Arabia
  • United Arab Emirates
  • Qatar
  • Egypt
  • Israel
  • Rest of MENA

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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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Sleep Apnea Implants Market Key Players- Inspire Medical Systems, Respicardia, Inc., Medtronic Plc, LinguaFlex LLC, Siesta Medical, Inc.

Key Takeaways of Sleep Apnea Implants Market Study

  • Driven by rising prevalence of sleep disorders, the sleep apnea implants market will exhibit 17.3% CAGR between 2021 and 2031
  • Rising concerns pertaining to sleep deprivation has fuelled demand in the U.S., which accounts for the leading share in North America
  • The U.K. will remain a key market for sleep apnea implants on the back of rising awareness about the condition and willingness to spend on treatment
  • As per the Journal of Thoracic Disease, population based studies have indicated that nearly 50 million patients in China suffer from OSA. With focus on providing advanced healthcare rising, the demand for sleep apnea implants will rise in China
  • Expansion of the healthcare sector and rising demand from hospitals will continue supporting growth in India

[229 Pages Report]  Rising inclination towards non-invasive procedures and increasing focus on the advancement of sleep apnea devices have created lucrative opportunities for the expansion of the sleep apnea implants market. As per a study by Future Market Insights, application of sleep apnea implants ranges from snoring to sleep-deprived complications. Additionally, an increase in the number of obese and geriatric people is associated with a rise in the prevalence of sleep disorders.

Sedentary and unhealthy lifestyles may lead to heart diseases, diabetes and other diseases, which may lead to sleep disorders. Moreover, the rising global burden of obstructive sleep apnea (OSA) or central sleep apnea that may increase the risk of fatal accidents and the growing number of sleep apnea therapies are expected to boost the sleep apnea market growth during the forecast period.

Sleep deprivation is also associated with lost productivity. In a study by RAND Corporation, it is stated that in the U.S. there are around 1.2 million lost workdays due to sleep deprivation per year and as a result, the economic impact of productivity losses and higher mortality rates will account for over US$ 400 billion, or 2 per cent of the GDP.

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The global sleep apnea implants market was valued at US$ 188.3 Mn in 2021. Based on product type, hypoglossal neurostimulation devices are expected to gain popularity in the sleep apnea implants market, accounting for 80% of the revenue in 2020.

FDA approvals and product launches of advanced sleep apnea implants along with increasing demand for minimally invasive procedures are driving the growth of the global sleep apnea implants market,” says an FMI Analyst

Who is Winning?FDA approvals for sleep apnea implants are aiding the adoption of advanced sleep apnea products. Numerous manufacturers are focusing on the research and development area to innovate advanced products with high safety and efficacy.

In May 2019, Siesta Medical, Inc. (Private), announced FDA clearance for expanded indications for its Encore™ Tongue Suspension System for the treatment of obstructive sleep apnea.

The sleep apnea implants market is considered diverse due to the presence of various local and international players in the competitive market. Competing to gain a large market share, the players continue to rely upon acquisitions, investments and alliances to provide access to new technologies in both new and existing markets.

For instance, In March 2021, Medtronic plc and Spectrum Health entered into a definitive agreement to drive value in healthcare and improve outcomes for Spectrum Health patients and reduce the cost of care. Additionally,  in July 2019, LivaNova acquired Miami Instrument, a manufacturer of minimally invasive cardiac surgery instruments, to diversify its heart valve portfolio.

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More Valuable Insights on Sleep Apnea Implants Market

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each segment from 2014 to 2029. The global sleep apnea implants market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the readerThe study provides compelling insights on sleep apnea implants market on basis of product type (Phrenic Nerve Stimulator, Hypoglossal Neurostimulation Devices, Bone Screw Implant System, Flexible Tongue Retractor System and Palatal Implants / Pillar Procedure), by indication (Central Sleep Apnea and Obstructive Sleep Apnea [OSA]), and end-user (Hospitals, Ambulatory Surgical Centers and Office-Based Clinics), across seven major regions.

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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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Allergy Diagnostics Market Key Players – Hitachi Chemical Co. Ltd, Thermo Fisher Scientific Inc., Siemens Healthineers, Danaher Corporation, bioMérieux

[170 Pages Report] According to ESOMAR-certified Future Market Insights’ (FMI’s) research report, the demand for allergy diagnostics has been increasing significantly due to rising incidence of allergic asthma and food allergies across the globe. As per the study, the global allergy diagnostics market is anticipated to grow at around 11.6% CAGR throughout the forecast period from 2021 to 2031.

According to the report, growing incidence of drug allergies especially from penicillin and morphine has fueled the demand for allergy diagnostics across the globe.

The report also states that increasing air pollution and lack of awareness regarding food and drug allergy in emerging and poor countries are encouraging market players towards developing cost effective allergy diagnostics kits.

According to a report published by the World Health Organization, globally around 262 million people are impacted by asthma out of which 461,000 die from asthma.

Rising demand for effective treatment and addressing causes of asthma will aid the overall expansion of the allergy diagnostics market.

Allergy diagnostics market experienced sluggish growth during the COVID-19 pandemic. This is because the pandemic led to suspension of immunological care and diverted the healthcare professional towards treating COVID patients.

In case of patients with severe asthma or other allergic reaction, virtual care and limited visiting methods were employed to restrict the human contact and stop the virus transmission.

Introduction of cost effective at-home food sensitivity and allergy diagnostic will boost the market growth in upcoming years. Such applications will reduce the burden on hospital and laboratories culminating to reduced allergy diagnostic and medical cost.

In the future, the market is anticipated to grow significantly, as majority of diagnostic laboratories and hospitals are inclining towards automated allergy diagnostics for its high effectiveness. Canada and U.S are likely to yield highly opportunistic prospects, contributing towards the overall expansion of the market.

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Surge in food allergies cases along with increasing incidence of asthma in children will catapult the demand of allergy diagnostics during the forecast period,” says the FMI analyst.

allergy diagnostics market characteristics and attributes with regional relevence, 2021-2031

Competitive Landscape

Allergy diagnostics market is highly competitive market owing to presence of global market players. Market players are employing multiple marketing techniques to expand their global outreach.

Allergy diagnostics market players are focusing towards employing organic and inorganic strategies to expand their global foothold.

Inorganic strategies include strategic merger and acquisition and forming an alliance with regional distributors to strengthen their supply chain channels.

They are also emphasizing towards faster product approvals, product development and patenting.

Prominent players operating in the allergy diagnostics market are:

  • Hitachi Chemical Co. Ltd
  • Thermo Fisher Scientific Inc.
  • Siemens Healthineers
  • Danaher Corporation
  • HOB Biotech Group Co
  • bioMérieux
  • Hycor Biomedical Inc.
  • Stallergenes Greer
  • R-Biopharm AG
  • Lincoln Diagnostics Inc.

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Key Takeaways from FMI’s Allergy Diagnostics Market Study

  • The U.S is expected to dominate allergy diagnostics market on the back of rising incidence of skin allergies especially eczema and skin inflammation along with high rate of allergic rhinitis (hay fever) in black American population.
  • Presence of advance healthcare infrastructure, favorable government and insurance policies, and increased per capita income are key allergy diagnostics market drivers in Canada.
  • The U.K. will offer lucrative opportunities owing to increasing awareness regarding asthma and other allergic reactions like atopic eczema and hay fever. High prevalence of allergies will fuel the demand of allergy diagnostics in the country.
  • Increasing per capita income and increasing government and private funding towards spreading asthma awareness will boost the allergy diagnostics market sales in China.
  • India has low per capita income and presence of sub-par healthcare system. High prevalence of myths and stigmatic beliefs regarding asthma is one of the main factors limiting the market growth.

More Insights on the Global Allergy Diagnostics Market

In its latest report, FMI offers an unbiased analysis of the global allergy diagnostics market, providing historical data for the period of 2017-2022 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of product type (fungal allergy diagnostic and neutral lactase enzymes), by allergen type (inhaled allergens, food allergens, and drug allergens), test type (in-vivo allergy tests and in-vitro allergy tests), and end user (diagnostic laboratories, hospitals, and academic research institutes) across North America, Latin America, Europe, East Asia, South Asia, and Middle East and Africa.

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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Americas COVID-19 Testing Market Key Players – Sky Medical Supplies & Equipment LLC., Sugentech, Inc., Aurora Instruments Ltd., PRIMA Lab SA

[200 Pages Report] The market is set to expand due to frequent mutations in the virus that may lead to further outbreaks. Leading organizations within the market are set to focus on research and development to offer an early and precise diagnosis of the COVID-19, besides offering effective patient care.

Some of the leading players in the Americas COVID-19 testing market include but are not limited to Sky Medical Supplies & Equipment LLC., Sugentech, Inc., Novacyt Group, Aurora Instruments Ltd., PRIMA Lab SA, SD Biosensor, INC., Gold Standard Diagnostics, Eurofins Technologies, Biomerieux SA, and Danaher.

According to Future Market Insights (FMI), the demand for COVID-19 testing is expected to reach a valuation of US$ 4,507.8 Mn in the Americas by the end of 2021. The pandemic is spreading on a global scale at a very high pace. It can cause various health concerns including cardiovascular diseases, kidney failure, and more.

To overcome the problems related to COVID-19, it is important to diagnose the ailment at an early stage of infection. According to the World Health Organization (WHO), more than 180 million positive cases of COVID-19 were diagnosed till June 2021. The rate of positive cases can be controlled with early diagnosis and treatment.

SARS-CoV-2 antigen rapid test kits are the most common type of test that accounted for value USD 2,903.0 Mn in 2020. It is widely accepted due to convenience, ease and rapid nature in the diagnosis process.

The demand for point of care testing is increasing due to advantages such as lower time requirements, at home services, and cost effectiveness. These factors are going to bolster the demand for point of care testing during the forecast period. For instance, on 28 July 2020, Roche announced the launch of the SARS-CoV-2 Rapid Antibody Test in collaboration with SD Biosensor Inc.

With the launch of vaccines and development of mass vaccination programs by governments, the number of COVID-19 cases is expected to drop by the end of 2021, however, it is expected that testing will continue even as lockdown in many countries will be lifted. Key players are focused on strengthening their mergers and acquisitions with new discoveries of technologies.

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Key Takeaways from COVID-19 Testing Services Market Study

  • SARS-CoV-2 antigen rapid test kits are expected to account for over 67% the Americas COVID-19 testing market share by 2031, owing to higher efficacy in diagnostics.
  • Hospital pharmacies accounted for more than 32% of the market share in 2021. The soaring influx of patients for treatment and intensive care support has driven growth.
  • Canada will reflect relatively steady growth with a 4.8% CAGR, driven by the matured, government funded healthcare system.
  • The U.S. will reflect fast growth at a CAGR around 5.7% through 2021-2031. U.S. holds the lead owing to, high healthcare expenditure, and the presence of leading players.
  • Brazil is the leading country in Latin America, estimated to account for about 54% of the regional share in 2021, supported by easier access to required technologies.

“The shift in focus from testing to vaccination is expected to hamper market growth in the near future. However, the focus on testing for international travel, frequent testing of medical staff and testing for patients with flu like symptoms are expected to continue aiding market growth,” says the Future Market Insight analyst.

Want More Insights?

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031. The global COVID-19 testing market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on the COVID-19 testing treatment market on basis of the test type in detail, cover every aspect of the market such as Test type, sample type, distribution channel across North America and Latin America region.

Americas COVID-19 testing Market by CategoryTest Type:

  • SARS-CoV-2 IgM/IgG Antibody Rapid Test Kits
  • SARS-CoV-2 Antigen Rapid Test Kits
  • Multiplex Real-Time RT-PCR Assay Kits

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Sample Type:

  • Blood
  • Nasopharyngeal Swabs

Distribution Channel:

  • Hospital Pharmacies
  • Diagnostic Laboratories
  • Retail Pharmacies
  • Drug Store
  • Online Sales Channels

Region:

  • North America
  • Latin America

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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Actinic Keratosis Treatment Market Key Players – GlaxoSmithKline Plc. Nestle SA, Novartis AG, Sun Pharmaceutical Ltd., Leo Pharma Inc. etc.

[275 Pages Report] Global demand for actinic keratosis treatment, majorly driven by that in the U.S. and European countries, continues to grow at a strong rate. Poised for revenues of over US$ 4 Bn by the end of 2019, the global actinic keratosis treatment market will exhibit an impressive CAGR of 7% during the forecast period (2019 – 2029).

The understanding about the nature of actinic keratosis and the potential risk of this condition progressing to squamous cell carcinoma (SCC) is improving, among patients as well as healthcare providers. Especially among the elderly, actinic keratosis remains one of the most commonly diagnosed dermatological condition that creates a continued need for efficacious treatments.

Who Is Winning?

The actinic keratosis treatment market report tracks the key market players, which includes GlaxoSmithKline Plc. Nestle SA, Novartis AG, Sun Pharmaceutical Ltd., Leo Pharma Inc. etc. Leading manufacturers in the actinic keratosis treatment market are focusing on acquisitions to enhance their product portfolio. For instance, in November 2015, Leo Pharma A/S completed the acquisition of dermatology business of Astellas Pharma. With this acquisition, the company expanded its dermatology product portfolio segment. Companies are also focusing on segment leadership. In February 2016, Cipher Pharmaceuticals Inc. launched Actikerall for the topical treatment of slightly palpable and/or moderately thick hyperkeratotic actinic keratosis to mark their leadership in topical product segment.

Combination therapies such as topical fluorouracil cryotherapy, PDT and imiquimod therapy, chemical peels, and 5-FU are generally the most prescribed therapies for actinic keratosis. Convenient administration, lower potential for irritation, and systemic absorption continue to underpin their high adoption rate. Development of drugs with increased efficacy and decreased side effects that can be used as combination therapy for actinic keratosis treatment is currently the focal point of global market leaders. Biofrontera AG commercially launched its product Ameluz (2016), used in combination with PDT for actinic keratosis treatment.

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Development of minimally invasive drug-device combination therapies and fast track regulatory approval for pipeline drugs will be offering a completely new set of treatment options for actinic keratosis in the near future.

Key Takeaways – Actinic Keratosis Treatment Market Study

  • Growing use of topical products as the first-line preference for actinic keratosis treatment is offering huge opportunities to market players to develop and launch new topical products for actinic keratosis treatment.
  • Increasing collaboration activities by key market players of the actinic keratosis treatment market with other companies to broaden their products portfolio is anticipated to propel the actinic keratosis treatment market growth.
    • For instance, in March 2017, Galderma SA (Nestle Skin Health Company) collaborated with Colorescience, to enhance its product portfolio for aesthetic treatment.
  • Increasing product approvals of actinic keratosis treatment by regulatory bodies is expected to fuel the actinic keratosis treatment market growth.
    • For instance, in March 2018, combination of Ameluz and daylight photodynamic therapy (PDT) by Biofrontera AG got approval from the European Union.
  • The U.S. and Australia marking rise in incidence and prevalence of actinic keratosis will remain highly prominent markets for actinic keratosis treatment providers.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on actinic keratosis treatment market in its latest study, presenting historical demand assessment from 2014 – 2018 and projections from 2019 – 2029 on the basis of treatment category (topical treatment, procedural modality, photodynamic therapy and others), disease type (clinical AK and subclinical AK)and end-user (hospitals, laser therapy centers, private dermatology clinics, spas and rejuvenation centers, cancer treatment centers, homecare) in seven key regions.

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Actinic Keratosis Treatment Market By Category

By Treatment Type:

  • Topical Treatment
    • 5-fluorouracil Cream
    • Diclofenac Gel
    • Imiquimod Cream
    • Ingenol mebutate Gel
  • Procedural Modality
    • Chemical Peels
    • Cryotherapy
  • Photodynamic Therapy
  • Others

By Disease Type:

  • Clinical AK
  • Subclinical AK

By End User:

  • Hospitals
  • Private Dermatology Clinics
  • Laser Therapy Centers
  • Cancer Treatment Centers
  • Spas and Rejuvenation Centers
  • Homecare

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • 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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Ultrasound Systems Market is anticipated to reach USD 13.2 billion by 2028 | FMI

Digitization in the healthcare sector has revamped the ultrasound systems market. The advancements in different spheres of the industry has benefited not just the patients but the market too, as the demand for medical examination has surged over the past decade. A new market research report by Future Market Insights, revolves around an in-depth and an all-inclusive analysis of Global Ultrasound Systems Market, reveals a strong growth of the market due to upgraded services provided to the patients and also the easier approach to the internal body examination witnessed with the usage of ultrasound systems.

According to the outcomes of global forecast mentioned in the report titled ‘Ultrasound Systems Market – Global Industry Analysis 2012 – 2021 and Opportunity Assessment 2022 – 2028’, the global ultrasound systems market is expected to reach a market value of over US$ 13.2 Bn by the end of 2028, growing at an impressive CAGR of 5.5% during the forecast period.

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Hospitals to hold largest share in Ultrasound Systems Market with highest demand for application in Radiology

Hospitals shift toward more value-oriented products, they need to operate more efficiently and productively. Similarly, a quality shift has occurred with patients, who more proactively involved in their care. Trends from the shift to value-based care include data integration and population health management. An influx of data combined with advancements in imaging helps leverage these data to not only bring further value but also apply it to broader populations. Along with the clearer and high definition pictures that are a part of ultrasound systems, there has also been an introduction to the portable machines. These are the more handy and easy to move form of ultrasound systems that have come into existence not long ago. Although the developed nations are already familiar with the technology, the market may find a higher prospects of growth in the developing regions. The market analysis has shown that hospitals hold the highest market share in the Global Ultrasound Systems Market, however diagnostics imaging and surgical centers are expected to raise a higher demand for the systems in the coming years. In terms of application the market is also dominated by Radiology as the key application area for ultrasound systems and is expected to continue growing further at a CAGR of 6.3% during the forecast period, as analyzed by FMI.

Favourable Government Policies to Benefit Start-up Companies and Independent diagnostic centers

As a move to encourage start-up companies, government of various regions like Asia Pacific and MEA have bolstered the initiatives to support the new start-ups who are entering the healthcare and medical device industry. It includes exemption of taxes for the first three years, subsidizing patent protection cost etc. The move is intended to boost the overall market for medical devices. Specifically the medical imaging market has also taken an independent position in the global market. With the betterment in services and advanced facilities related to ultrasound or any other imaging techniques, the global market is expected to witness a higher volume of independent imaging centers. The companies have also independently introduced handy and user-friendly devices in the market. GE, Philips, Samsung, Fukuda, Mindray, Hitachi, Toshiba, and Siemens, all these companies offer their own particular models.

The coming years will showcase more advanced ultrasound systems, which will provide an image clearer than 3D or 4D pictures.

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Key Market Segments Covered in Ultrasound systems Market Research

By Modality:

  • Cart/Trolley Based
  • Compact/Hand Held

By Application:

  • Radiology
  • Obstetrics & Gynaecology
  • Cardiology
  • Gastroenterology
  • Others

By End User:

  • Hospitals & Clinics
  • Diagnostic Imaging & Surgical Centers
  • ASCs
  • Others

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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