Clinical Trials Market Business Opportunities, Industry Growth, Sales Revenue And Industry Expansion Strategies 2029

A new study of Future Market Insights (FMI) estimates the global spending on clinical trials in 2019 at ~US$ 90 Bn, recording a ~4% Y-o-Y over 2018. The healthcare sector is closing in on a new era of clinical trials, which are more engaged with patients, streamlined and connected. With development costs reaching record highs and patents approaching cliffs, companies are strengthening their R&D efforts to keep pace with change. Medical device and pharma giants are already eyeing better approaches for clinical trials, implementing a combination of their current systems and better technologies to ebb challenges in critical areas – orphan drugs and rare diseases.

“The ubiquity digital technologies is evidently growing, as these (including but not limited to ingestible devices, sensors, and wearable health monitors) hold the potential to disrupt the aspects of clinical trials. Digital technologies are revolutionizing the antiquated process of new drug development, even as optimizing the way health data is collected, measured, and assessed”.

According to the study, the clinical trials landscape is witnessing a paradigm shift toward patient centricity, in a bid to incorporate perspective of patients during the clinical trial design. Clinical trial sponsors have aligned their methods with the voice of patients, by launching communication channels during the study’s execution. Key enterprises are adopting unconventional approaches by implementing site-centric method, using operational support systems and technology for bringing studies to the trial-naïve physicians.

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Industry Sponsors Account for Majority Clinical Trial Spending

The most remarkable advances in medicine are realized from sponsorships of companies for clinical trials, in the anticipation of turning a profit. A notable percentage of clinical trials being conducted to support approval of vaccines, devices, or drugs, and track their safety, have been industry-sponsored in recent years.

The study estimates industry-sponsored clinical trials to account for ~60% of overall spending in 2019, and in the foreseeable future. Recent studies state that industry-sponsored trials yield positive results compared to academic-run trials, which also account for a significant share of clinical trial spending.

According to FMI, sponsors, such as academic institutes, research institutes and medical centers, are estimated to account for ~30% clinical trial spending in 2019. As the imperativeness of evidence-based therapies continue to be progressively emphasized, most of the randomized clinical trials are driven by the ability of developing profitable new therapies. Guidelines recommended by regulatory bodies for clinical trial enrichment, and risk-based monitoring are likely to lay the groundwork for more targeted approach toward cost-intensive clinical trials.

The study opines that North America and Europe will continue to lead the clinical trials landscape, collectively accounting for ~80% of global spending. These regions present a standardized and favorable environment for the clinical trials landscape, in light of their economic vigor that enables them to benefit from most of the technology disruptions prior to other nations. Pharmaceutical and medical device giants in these two regions are adopting AI for disrupting every stage of the clinical trial, which range from linking studies to eligible patients, to data collection and adherence.

According to the study, opportunities abound for conducting clinical trials in developing economies, such as in East Asia and South Asia, owing to the access to huge patient pool. Sponsors are likely to realize greater success in these regions as low government healthcare budgets represent cost-effective methods of providing patients with access to innovative therapies. Additionally, conducting clinical trials in these regions comes with other broader advantages, including pragmatic & efficient regulatory pathway, and tax incentives for conducting the trials.

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Key Segment

By Area

  • Oncology
  • Infectious Disease
  • Metabolic Disorders
  • Cardiovascular
  • Neuroscience
  • Respiratory
  • Others

By Phase

  • Phase 0
  • Phase I
  • Phase II
  • Phase III
  • Phase IV

By Sponsor

  • Industry-sponsored
  • Government / Public
  • Non-governmental Organizations
  • Others (Academic Medical Centers, Individuals, etc.)

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By Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & 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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Sleep Aid Devices Market is projected to be valued at US$ 29,200 Mn by the end of 2026

Multiple government & non-government societies such as ASAA (American Sleep Apnea Association) and Circadian Sleep Disorder Networks have underpinned the growth of the sleep aid devices market by organizing various sleep cognizance programs pertaining to the importance of sound sleep. As a result, there has been a significant rise in the demand for sleep aid devices for the treatment of sleep-related disorders.

According to a recently published research report by Future Market Insights (FMI), the global sleep aid devices market is projected to be valued at US$ 29,200 Mn by the end of 2026. Increasing stress levels and rise in the sleeping disorders such as sleep deprivation, narcolepsy, restless legs syndrome, sleep apnea, and insomnia have necessitated the need for medical intervention. Among the various options available to healthcare providers and patients, the adoption of sleep aid devices has grown steadily.

Disposable income in the developing economies has been constantly increasing, which has upgraded the lifestyle of people. A sheer demand for advanced and secured sleep aid devices has been witnessed in these markets, on the back of enhanced spending capacity of the consumers. These factors have offered a lucrative growth opportunity to the manufacturers of these devices and as a result, the global sleep aid devices market is predicted to clock an impressive CAGR of over 4% by the end of 2026.

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Proclivity for Smoke and Alcohol Drives the Sales of Sleep Aid Devices at the Global Level

Increasing geriatric population and sleep disorders associated in this demography have created a robust demand for the sleep aid devices. Furthermore, a rise in the sedentary lifestyle and the comorbidities such as heart disease, obesity, stroke, type 2 diabetes, and atherosclerosis have resulted in the widespread utilization of sleep aid devices. Proclivity of adults for smoking, drug abuse, and alcohol at a global level have been a driving factor for the growth of the sleep aid devices market.

North America to Lead the Global Sleep Aid Devices Market, Europe Second Largest Market

As per the insights extracted from the descriptive study based on the sleep aid devices market, the market of Europe and North America reigns supreme on the back of reimbursement provided by the government. Moreover, a rise in the per capita medical expenditure of the consumers hailing from these regions has alongside contributed to the growth of the global sleep aid devices market.

As compared to the developed economies in North America and Europe, the sleep aid devices market in the emerging economies will witness an impressive rate of growth, on account of supportive government policies and ongoing development in the healthcare sector.

Comprehensive Look at the Competitive Landscape of the Global Sleep Aid Devices Market

Key information obtained from the market study includes an analytical view of the key players transforming the current sleep aid devices market scenario. This descriptive report highlights companies such as

  • ResMed Inc.
  • Sleep Number Corporation
  • Koninklijke Philips N.V.
  • Responsive Surface Technology LLC
  • Simmons Bedding Company LLC
  • Eight Sleep Inc.
  • Electromedical Products International, Inc.
  • Ebb Therapeutics
  • Sleepace Inc.
  • Kingsdown, Inc.
  • Drive DeVilbiss Healthcare LLC
  • SleepMed Inc.
  • Cadwell Laboratories Inc.
  • Teva Pharmaceutical Industries Ltd.
  • Drive Medical Ltd.

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Key companies such as Tempur Sealy International, Simmons Bedding Company LLC, Sleep Number Corporation, Dreams, ResMed, and Koninklijke Philips N.V. procure a major share in the sleep aid devices market. Aforementioned manufacturers are endeavoring into developing new products for diversifying their portfolio in the sleep aid devices market. Key manufacturers of sleep aid devices market are collaborating with retailers, distributors, and local wholesalers, in order to expand their operations

Domestic companies are competing depending on their channel management and pricing of the sleep aid devices. On the other hand, key players in the sleep aid devices market are concentrating their efforts on devising effective marketing strategies in order to increase the penetration of their products.

Table Of Content

  • Executive Summary
    • Market Overview
    • Market Analysis
    • PMR Analysis and Recommendations
    • Wheel of Fortune
  • Market Introduction
  • Market Definition
  • Market Taxonomy

Sleep Aid  Devices Market Opportunity Analysis 

  • Macro-Economic Factors
  • Opportunity Analysis

 Market Background

  • Value Chain Analysis
  • Market Dynamics
  • Drivers
  • Supply Side Drivers
  • Demand Side Drivers
  • Restraints
  • Key Trends

For critical insights, request for PDF Brochure: https://www.futuremarketinsights.com/reports/brochure/rep-gb-8956

Global Economic Outlook

  • 1. Gross Domestic Product by Region & Country, 2016 – 2021
  • 2. Medical Devices Sector Outlook
  1. Key Inclusions
  • 1. Disease Epidemiology, Statistics
  • 2. White Space Opportunities Narcolepsy and Obstructive Sleep Apnea Diseases
  • 3. Technology Assessment

6.4. Regulatory Guidelines

6.5. Pricing Analysis

  1. North America Sleep Aid  Devices Market Analysis 2013–2017 and Forecast 2018–2026
  •  Introduction
  •  Historical Market Size (US$ Mn) Trend Analysis By Country, 2013–2017
  • Canada
  • Market Size (US$ Mn) Forecast By Country, 2018–2026
  •  Historical Market Value (US$ Mn) and Volume Units Trend Analysis By Product Type, 2013 –  2017

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 8-years.

Contact Us:
Future Market Insights,
Unit No: 1602-006,
Jumeirah Bay 2,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers,
Dubai,
United Arab Emirates
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Sachet Packaging Machines Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2029

Future Market Insights delivers key insights on the sachet packaging machines market in its published report, titled “Global Sachet Packaging Machines Market: Industry Analysis and Opportunity Assessment, 2022–2029.” In terms of revenue, the global sachet packaging machines market is estimated to expand at a CAGR of 5.8% during the forecast period, owing to numerous factors, about which FMI offers thorough insights and forecasts in this report.

The report includes a market research study on the global sachet packaging machines market, which includes market assessment and trend analysis of different capacities such as up to 100 sachets/min, 101-200 sachets/min, 201-350 sachets/min, and 350 sachets/min & above.

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Incorporation of Easy-to-use Features Trending among Key Manufacturers

Sachet packaging machines are basically form-fill-seal machines. The form fill seal machines market is expected to grow at a faster rate among other machineries such as bagging and filling machines. There are two types of sachet packaging machines- vertical form-fill-seal machines and horizontal form-fill-seal machines. Horizontal sachet packaging machines are generally used for the packaging of solid materials, whereas vertical sachet packaging machines are used for solid, liquid, and granulated products.

The market for vertical sachet packaging machines is expected to grow at a high CAGR owing to the smaller carbon foot-print as compared to horizontal sachet packaging machines, easy-to-use features such as improved film sealing technology and material handling techniques and reduced number of operations, and lower cost packaging solution. With the ability of handling both solid and liquid products, vertical sachet packaging machines are projected to grow in market size at a faster rate than horizontal sachet packaging machines.

Sachet Packaging Market Outlook

The global sachet packaging market is experiencing steady growth, and is expected to remain so throughout the long-term forecast period. As consumers shift towards economical packaging solutions, sachet packaging is becoming highly popular across the food, pharmaceutical, personal care and a host of other end-use applications.

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With the coronavirus pandemic looming large, growth prospects are moderately hindered, as production shortfalls led to declining output. This is gradually easing across such domains as food & beverage, pharmaceuticals and personal care. Therefore, demand for sachet packaging across these domains is likely to prevail.

Small Packaging Trend Gathers Momentum across East Asian Market, Favoring Sales of Sachet Packaging Machines

In the developed regions such as North America and Europe, the needs and preferences of today’s consumers are changing. For instance, consumers in Europe tend to pay more for products that make their hectic, on-the-go life a bit easier. Consumers in Europe look for more diverse choices in terms of quality, price, and convenience. Stick packs and sachets are preferred than family-sized packages due to the affordability in emerging countries such as India, Mexico, Thailand, and Indonesia.

The number of small portion, individual packages has therefore grown in South Asia region, in the past few years. The trend for small packages to pack snacks has been influenced by millennial lifestyle, demographic changes, and urbanization in Europe, thereby increasing the demand for sachet packaging machines.

Sachet Packaging Market – Key Research Findings

  • The global sachet packaging market size estimated in 2021 – ~US$ 8.7 Bn
  • The sachet packaging market is expected to witness a CAGR of 5.8% during the forecast period of 2021-2031.
  • The rising trend of single serve/unit dose packaging among consumers for products such as shampoo, oil, tea, coffee, sauces, and mouth fresheners, is expected to drive the growth of the market of sachet packaging.
  • Collectively, Asia Pacific and North America are expected to account for more than 60% revenue share in the sachet packaging industry, by the end of 2031.
    • Demand for sachet packaging from the personal care & cosmetics industry is expected to propel the growth of the sachet packaging market in the United States, China, and India.
  • The personal care and cosmetics industry is expected to be the most lucrative end-use market for sachet packaging, followed by the pharmaceutical industry.
    • Packaging of shampoos and conditioners is a prominent application of single-use sachets, owing to price-sensitive consumers in the developing regions.

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Key Segment

By Material Type

  • Plastic
    • Polyethylene
    • Polypropylene
    • PET
    • Polyamide
    • Others
  • Paper
  • Aluminum Foil
  • Others

By Pack Size

  • 1 ml – 10 ml
  • 11 ml – 20 ml
  • 21 ml – 30 ml
  • Above 30 ml

By Packaging Machinery

  • Vertical Form-fill-seal Machines (VFFS)
  • Horizontal Form-fill-seal Machines (VFFS)

By Application

  • Food
    • Sauces & Jams
    • Spice & Condiments
    • Tea & Coffee
    • Others
  • Personal Care & Cosmetics
    • Shampoo & Conditioners
    • Face packs & Gel
    • Hair Oil

About Us:

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 Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Website: https://www.futuremarketinsights.com

LinkedIn| Twitter| Blogs

Sleep Aid Devices Market is estimated to be valued at US$ 29,200 Million by the end of 2026

Multiple government & non-government societies such as ASAA (American Sleep Apnea Association) and Circadian Sleep Disorder Networks have underpinned the growth of the sleep aid devices market by organizing various sleep cognizance programs pertaining to the importance of sound sleep. As a result, there has been a significant rise in the demand for sleep aid devices for the treatment of sleep-related disorders.

According to a recently published research report by Future Market Insights (FMI), the global sleep aid devices market is projected to be valued at US$ 29,200 Mn by the end of 2026. Increasing stress levels and rise in the sleeping disorders such as sleep deprivation, narcolepsy, restless legs syndrome, sleep apnea, and insomnia have necessitated the need for medical intervention. Among the various options available to healthcare providers and patients, the adoption of sleep aid devices has grown steadily.

Disposable income in the developing economies has been constantly increasing, which has upgraded the lifestyle of people. A sheer demand for advanced and secured sleep aid devices has been witnessed in these markets, on the back of enhanced spending capacity of the consumers. These factors have offered a lucrative growth opportunity to the manufacturers of these devices and as a result, the global sleep aid devices market is predicted to clock an impressive CAGR of over 4% by the end of 2026.

Request Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-8956

Proclivity for Smoke and Alcohol Drives the Sales of Sleep Aid Devices at the Global Level

Increasing geriatric population and sleep disorders associated in this demography have created a robust demand for the sleep aid devices. Furthermore, a rise in the sedentary lifestyle and the comorbidities such as heart disease, obesity, stroke, type 2 diabetes, and atherosclerosis have resulted in the widespread utilization of sleep aid devices. Proclivity of adults for smoking, drug abuse, and alcohol at a global level have been a driving factor for the growth of the sleep aid devices market.

North America to Lead the Global Sleep Aid Devices Market, Europe Second Largest Market

As per the insights extracted from the descriptive study based on the sleep aid devices market, the market of Europe and North America reigns supreme on the back of reimbursement provided by the government. Moreover, a rise in the per capita medical expenditure of the consumers hailing from these regions has alongside contributed to the growth of the global sleep aid devices market.

As compared to the developed economies in North America and Europe, the sleep aid devices market in the emerging economies will witness an impressive rate of growth, on account of supportive government policies and ongoing development in the healthcare sector.

Comprehensive Look at the Competitive Landscape of the Global Sleep Aid Devices Market

Key information obtained from the market study includes an analytical view of the key players transforming the current sleep aid devices market scenario. This descriptive report highlights companies such as

  • ResMed Inc.
  • Sleep Number Corporation
  • Koninklijke Philips N.V.
  • Responsive Surface Technology LLC
  • Simmons Bedding Company LLC
  • Eight Sleep Inc.
  • Electromedical Products International, Inc.
  • Ebb Therapeutics
  • Sleepace Inc.
  • Kingsdown, Inc.
  • Drive DeVilbiss Healthcare LLC
  • SleepMed Inc.
  • Cadwell Laboratories Inc.
  • Teva Pharmaceutical Industries Ltd.
  • Drive Medical Ltd.

Get a Customized Scope to Match Your Need Ask an Expert- https://www.futuremarketinsights.com/ask-question/rep-gb-8956

Key companies such as Tempur Sealy International, Simmons Bedding Company LLC, Sleep Number Corporation, Dreams, ResMed, and Koninklijke Philips N.V. procure a major share in the sleep aid devices market. Aforementioned manufacturers are endeavoring into developing new products for diversifying their portfolio in the sleep aid devices market. Key manufacturers of sleep aid devices market are collaborating with retailers, distributors, and local wholesalers, in order to expand their operations

Domestic companies are competing depending on their channel management and pricing of the sleep aid devices. On the other hand, key players in the sleep aid devices market are concentrating their efforts on devising effective marketing strategies in order to increase the penetration of their products.

Table Of Content

  • Executive Summary
    • Market Overview
    • Market Analysis
    • PMR Analysis and Recommendations
    • Wheel of Fortune
  • Market Introduction
  • Market Definition
  • Market Taxonomy

Sleep Aid  Devices Market Opportunity Analysis 

  • Macro-Economic Factors
  • Opportunity Analysis

 Market Background

  • Value Chain Analysis
  • Market Dynamics
  • Drivers
  • Supply Side Drivers
  • Demand Side Drivers
  • Restraints
  • Key Trends

For critical insights, request for PDF Brochure: https://www.futuremarketinsights.com/reports/brochure/rep-gb-8956

Global Economic Outlook

  • 1. Gross Domestic Product by Region & Country, 2016 – 2021
  • 2. Medical Devices Sector Outlook
  1. Key Inclusions
  • 1. Disease Epidemiology, Statistics
  • 2. White Space Opportunities Narcolepsy and Obstructive Sleep Apnea Diseases
  • 3. Technology Assessment

6.4. Regulatory Guidelines

6.5. Pricing Analysis

  1. North America Sleep Aid  Devices Market Analysis 2013–2017 and Forecast 2018–2026
  •  Introduction
  •  Historical Market Size (US$ Mn) Trend Analysis By Country, 2013–2017
  • Canada
  • Market Size (US$ Mn) Forecast By Country, 2018–2026
  •  Historical Market Value (US$ Mn) and Volume Units Trend Analysis By Product Type, 2013 –  2017

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 8-years.

Contact Us:
Future Market Insights,
Unit No: 1602-006,
Jumeirah Bay 2,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers,
Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Intermediate Bulk Container (IBC) Liner Market Analysis by Size, Share, Growth, Trends up to 2030

Future Market Insights (FMI) has recently published an exhaustive study on the global IBC liners market, bringing to fore credible insights on the key market trends impacting growth from 2020-2030.

As per FMI’s analysis, the IBC liners market is projected to expand at nearly 5% value CAGR through 2030, reaching US$ 1.2 Bn in revenue.

Opportunities abound across the recyclable and reusable IBC liner packaging solutions. A case in point, French paper manufacturing giant Ahlstrom has been extensively utilizing this technology to incur cost savings of approximately € 30,000 and significant decrease in manufacturing footprint.

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Key Takeaways

  • North America to generate US$ 135 Mn by 2020-end, East Asia to emerge as a lucrative market
  • Polyethylene IBC liners to account for over one-third revenue share in the immediate forecast period
  • Food-grade IBC liners packaging to remain lucrative, non-alcoholic beverages to generate 17% revenue by 2020-end
  • By thickness, 50 to 100 micron IBC liners to hold dominant revenue share
  • Aseptic packaging likely to expand at nearly 6% CAGR through 2030
  • Liquid packaging solutions to emerge as a lucrative segment by content type

“Prominent manufacturers are foraying into emerging economies across the East & South Asian market so as to capture a wide consumer base, thereby accelerating growth prospects in the long-run,” comments the FMI analyst.

COVID-19 Impact Analysis

The COVID-19 pandemic has generated significant expansion avenues for the global packaging industries, with credible potential existing across the food & beverage, cosmetics and pharmaceuticals segments. As the world prepares for another incoming wave of infections, manufacturers are strengthening existing supply chains to mitigate any further recessionary impacts.

Furthermore, demand has surged across the food & beverage and pharmaceutical segments respectively. For instance, significant spike in sales of Remdesivir were recorded, attributed to the designation of the Emergency Use Authorization (EUA) status by the US FDA in the initial stages of the pandemic.

All these aforementioned trends have therefore enhanced the need to incorporate efficient packaging solutions, thereby broadening growth prospects for the IBC liners market.

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Competitive Landscape

Prominent players operating in the global IBC liners landscape include Amcor Plc, Sealed Air Corporation, Peak Packaging Ltd, Nittel GmbH & Co KG, Composite Containers LLC, Paper Systems Inc, Arena Products Inc., Brambles Industries Ltd., Hanlon Solutions Resource Inc. and CDF Corporation to name a few.

Manufacturers rely on strategic alliances, mergers & acquisitions, new product launches and expansion of geographical outreach to acquire a deeper customer base. Moreover, they are also furthering existing research capacities to incorporate novel technological advancements so as to offer enhanced packaging solutions.

Key Segments

Capacity

  • Up to 1,000 liters
  • 1,000 to 1,500 liters
  • Above 1,500 liters

Material Type

  • Polyethylene
  • LDPE
  • LLDPE
  • Polyamide (PA)
  • Polypropylene (PP)
  • EVOH
  • Aluminum Foil
  • Others (PVC, PET)

Thickness

  • Up to 50 micron
  • 50 to 100 micron
  • 100 to 150 micron
  • Above 150 micron

Content Type

  • Powder & Granules
  • Liquids

Filling Technology

  • Aseptic
  • Non-aseptic

End-use

  • Food
  • Edible Oil
  • Dry Food
  • Beverages
  • Alcoholic
  • Non-Alcoholic
  • Chemicals
  • Specialty
  • Commodity
  • Paints, Inks & Dyes
  • Agricultural
  • Pharmaceuticals
  • Biopharmaceuticals
  • Petroleum, Lubricants & Others

Region

  • North America (U.S & Canada)
  • Latin America (Brazil, Mexico & Rest of Latin America)
  • Europe (Germany, Italy, France, U.K, Spain, BENELUX, Russia & Rest of Europe)
  • East Asia (China, Japan & South Korea)
  • South Asia (India, Thailand, Indonesia, Malaysia & Rest of South Asia)
  • Middle East & Africa (GCC, Turkey, Northern Africa, South Africa & Rest of MEA)
  • Oceania (Australia & New Zealand)

More Insights on FMI’s IBC Liners Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global IBC liners market, analyzing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the IBC liners market on the basis of capacity (up to 1,000 liters, 1,000-1,500 liters, and above 1,500 liters), material type (polyethylene, polyamide (PA), polypropylene (PP), EVOH, aluminum foil and others), thickness (up to 50 micron, 50 to 100 micron, 100 to 150 micron, and above 150 micron), content type (powder & granules and liquid), filling technology (aseptic and non-aseptic) and end-use (food, beverages, chemicals, paints, inks & dyes, agricultural, pharmaceuticals, biopharmaceuticals, and petroleum, lubricants & others) across seven prominent regions.

About Us:

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 Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Website: https://www.futuremarketinsights.com

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Amniotic Membranes Market totaling over US$ 2.3 Billion by the end of 2028

[341 Pages] According to the latest market report published by Future Market Insights, titled ‘Global Amniotic Membrane Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028’, the global amniotic membrane market is expected to expand at a CAGR of 9.3% over the forecast period 2018–2028.

FMI estimates that the global market for amniotic membrane is to be valued at US$ 955.2 Mn in 2018 and is expected to expand at CAGR of 9.3% over 2018–2028, to surpass US$ 2,322 Mn by 2028 end. Based on product type, the cryopreserved amniotic membrane segment dominated the global amniotic membrane market, with over 70% value share in 2017. The segment is expected to grow at above 9% CAGR over the forecast period of 2018–2028. North America is expected to maintain its dominance in the global market due to regulatory approvals of several new products in the U.S.

Population of all age groups has emerged as a prominent consumer base, characterised by untapped product segments for amniotic membranes to offer effective wound healing and eye surgeries. This has prompted the amniotic membrane product manufacturers to capitalize on the emerging latent opportunity. The companies in the market are optimistic with regard to increasing amniotic membrane transplants and increasing demand for amniotic membrane products around the world, particularly in North American countries. It is more than likely that over the span of the next four to five years, the companies focus on developing innovative products and designing market level strategies to leverage the potential opportunities emerging in parallel with growing human population with various chronic diseases.

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Amniotic membrane products such as Amniotic Allograft Membrane and Amniotic Allograft Suspension used to treat surgical wounds and defects of the corneal epithelia have gained traction over the last two decades. The major types of amniotic membranes such as cryopreserved amniotic membrane and lyophilized amniotic membrane have evolved back in the 1990s, but they became significant and the market for amniotic membranes to be used on humans boomed over the past fifteen years.

The global amniotic membrane market has been segmented on the basis of product type, application, end user and regions. Globally, cryopreserved amniotic membrane is the most attractive segment from manufacturers’ point of view. Cryopreserved amniotic membrane is majorly used in ocular surface eye surgery owing to its positive effect on wound healing due to its anti-inflammatory property. Among all end users of amniotic membrane, high demand for amniotic membrane is expected to come from the hospitals segment due to rising application of amniotic membrane in advanced surgical healing.

By volume, the global amniotic membrane market is expected to expand at 11.4% over the forecast period of 2018–2028. With nearly 43% market value share, North America dominated the global amniotic membrane market in 2017, partly due to penetration of newly approved products in the U.S. Western Europe, the second large market globally, with U.K., France and Germany being countries with high growth rates., is expected to gain 110 BPS in its market share over 2018–2028. APEJ is expected to be the third large market for amniotic membrane. APEJ and China collectively are expected to contribute over 15% share in the global market by 2028 over 2018.

The market for amniotic membrane is highly consolidated with top 5 players contributing over 60% of the revenue share in 2017. Examples of some of the key players identified in the global market are Integra LifeSciencesm Inc., MiMedx Group, Inc., Alliqua BioMedical, Inc., Skye Biologics Inc., Katena Products, Inc., Tissue-Tech Inc., Amnio Technology, LLC, Applied Biologics LLC, Human Regenerative Technologies, LLC, etc. Depth of research, along with proper documentation and statistical validation are factors that could determine a player’s success in the global amniotic membrane market

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Some of the key points identified in global amniotic membrane market are:

  • FMI forecasts the global amniotic membrane market to grow at a CAGR of 9.3% over the forecast period by 2028 end. The growth in revenue generation across the amniotic membrane market is registered on the account of rise in amniotic membrane transplants in both developed and developing economies.
  • The hospitals segment has proved to be the leading end user segment on account of increase in number of amniotic membrane transplants, growing awareness among the people about the benefits of the amniotic membrane transplant.
  • Ease of FDA approval for novel and innovative amniotic membrane allografts coupled with adoption of amniotic membrane for varied applications would boost the revenue growth in Germany & the U.S. markets.
  • Most often, apart from major applications including surgical wound and ophthalmology, the use of amniotic tissue in orthopaedic surgery, sports medicine and podiatry treatment has increased in the recent years.
  • The amniotic membranes used majorly to treat human surgical wound needs to be FDA approved, thus amniotic membrane manufacturers focus on getting fast FDA approvals.

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Key Segments of Amniotic Membranes Market Industry Survey

Amniotic Membranes Market by Product Type:

  • Cryopreserved Amniotic Membranes
  • Lyophilized Amniotic Membranes

Amniotic Membranes Market by Application:

  • Surgical Wounds
  • Ophthalmology
  • Others

Amniotic Membranes Market by End User:

  • Amniotic Membrane Treatment in Hospitals
  • Amniotic Membrane Treatment in Specialized Clinics
  • Amniotic Membrane Treatment in Ambulatory Surgical Centres
  • Amniotic Membrane Treatment in Academic Research Centres

Amniotic Membranes Market by Region:

  • North America Amniotic Membranes Market
  • Latin America Amniotic Membranes Market
  • Europe Amniotic Membranes Market
  • East Asia Amniotic Membranes Market
  • South Asia & Pacific Amniotic Membranes Market
  • Middle East & Africa (MEA) Amniotic Membranes Market

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Flexible Plastic Packaging Market Is Set to Experience Revolutionary Growth by 2031

Driven by moving buyer inclination from customary packaging items to stand-up pockets and re-closable packaging, the flexible plastic packaging market is estimate to arrive at valuation of US$ 98 Billion toward the finish of 2021, tracks down Future Market Insights (FMI) in a review

The flexible plastic packaging market with its material portion, item fragment, and packaging section will produce deals of over 33.6 million tons in 2021, as per the yearly market examination led by Future Market Insights.

Rising urbanization and occupied way of life have energized the interest for helpful and quick food sources, consequently prompting expansion sought after for flexible packaging. These packaging arrangements are liked over hard packaging as they require less energy for creation, consume restricted assets, promptly accessible and are helpful to store and utilize.

Customers are moving towards purchasing bundled and handled food things as opposed to utilizing conventional way to deal with planning feasts in this manner helping the interest for flexible plastic packaging.

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The Natural Resources Defense Council announced that Americans squander in excess of 400 pounds of food for each individual consistently. The squandered food brings about creating contamination identical to 37 million vehicles each year.

Flexible plastic packaging is arising as a critical answer for stay away from food wastage as it further develops timeframe of realistic usability of the item as well as makes high hindrance lessening the tainting of food. This strategy decreases the putting away and transporting costs. These variables will decidedly impact the deals of flexible plastic packaging.

Expanding government financing towards creating bio-plastics and further developing the reusing framework for effective handling along developing mindfulness among shoppers in regards to the utilization of manageable packaging will help the flexible plastic packaging market development in impending years.

Flexible plastics packaging is supplanting unbending packaging attributable to its most noteworthy manageability advantages and Superior quality to give on the way security to items. Expanding center by market players around changing over old packaging into new packaging designs, or a large group of different items will set out open doors for market development over the figure period

Key Takeaways from FMI’s Flexible Plastic Packaging Market Study

  • North America flexible plastic packaging market will grow at 3.0% CAGR during the assessment period owing to thriving e-commerce industry and increasing demand for convenient packaging solutions from restaurants and food services.
  • Europe market will exhibit a growth rate of 2.6% CAGR from 2021 to 2031, driven by increasing research on developing flexible bio-plastics and elevated export and production of flexible plastic packaging in the region.
  • Japan will hold more than 14% of the East Asia market in 2021, backed by increasing development in recycling infrastructure and limited usage of non-biodegradable plastics in the country.
  • Polylactic acid (PLA) bioplastics are gaining traction owing to their superior durability, recyclability and lightweight nature. The segment is predicted to expand by 1.11x of its current valuation over the assessment period.
  • General barrier packaging will account for more than 80% of the global market share by the end of 2031. Increasing demand for safe and sterile packaging options for packing vegetables and fruits will be the key growth driver.

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“Rising usage of flexible plastic packaging in online retail and e-commerce industry and increasing consumer reliance on online delivery of essential products especially during pandemic will drive the flexible plastic packaging market growth over the forecast period,” says the FMI analyst.

Competitive Landscape

Leading market players are focusing on new product development to expand their product portfolio and penetrate new markets. They are also working towards devising new methods for sustainable packaging to gain the competitive edge in flexible plastic packaging market.

For instance, in 2021, ThyssenKrupp’s plant engineering business won another order to construct a new bioplastics plant in South China. The plant will be based on patented PLAneo technology and is predicted to produce 30,000 tons of polylactide (PLA) annually.

In January 2021, Yum China which holds mahor stakes in leading fast food joints in China launched plastic reduction and sustainable packaging initiatives and aims to 30% reduction non-degradable plastic packaging weight in next five years.

Prominent players operating in the flexible plastic packaging market are:-

  • Amcor Plc
  • Sealed Air Corporation
  • Berry Global Inc
  • Winpak Ltd.
  • Sonoco Products Company

More Insights On The Global Flexible Plastic Packaging Market

In its latest report, FMI offers an unbiased analysis of the global flexible plastic packaging market, providing historical data for the period of 2018-2028 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 material type (oil base polymers and bio-plastics), product type (pouches, bags & sacks, tubes, sleeve labels, and films & wraps), packaging type (VSP (vacuum skin packaging), MAP (modified atmospheric packaging), and general barrier), end use (food, beverages, personal care, homecare, pharmaceuticals, industrial packaging, and others), across seven major regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East and Africa).

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Thermoformed Containers Market Size is Expected to Generate Huge Profits by 2027

Sales of Thermoformed Containers Market is expected to surpass US$ 23.9 Bn by 2027, likely to Grow Moderately at 4.7% CAGR during the assessment period.

Thermoformed containers industry are products made using a thermoforming process where the closed-cell foams or rigid plastics are heated to a pliable temperature and molded using pressure and vacuum forming techniques for the desired shape. The prime objective of this report is to offer insights and key market trends of the global thermoformed containers market that are gradually helping transform global businesses.

The market numbers have been assessed on the basis of consumption and weighted average pricing of thermoformed containers on the basis of product type. The global thermoformed containers market report begins with the executive summary for various categories and their share in the thermoformed containers market. It is followed by the dynamics of the thermoformed containers market and an overview of the global thermoformed containers market, which includes FMI analysis of market drivers, restraints, and trends that are affecting the growth of the thermoformed containers market.

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The global thermoformed containers market is segmented as per material type, product type, and end use. On the basis of material type, thermoformed containers are segmented as polyethylene, polypropylene, polyvinyl chloride, polystyrene, and other materials. On the basis of product type, the global thermoformed containers market is categorized as blisters, clamshells, cups & bowls, and trays & lids. By end use, the global thermoformed containers are categorized into food & beverages, pharmaceuticals, personal care & cosmetics, home care products, and electronics & electrical and others.

Competitive Landscape

Leading players in the global thermoformed containers are adopting strategies such as new product launch, capacity expansions, collaborations, mergers, and acquisitions with other companies to expand their production capacity and product portfolio. For instance:

  • In September 2021, Pactiv Evergreen Inc., a leading food and beverage packaging manufacturer, announced acquiring a provider of plastic foodservice and custom thermoformed packaging, Fabri-Kal Corp. for US$380 Mn to expand its production capacity and increase customer base across the food and beverage sector.

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Key Companies Profiled

  • Sonoco Products Company
  • DS Smith plc
  • Bemis Company Inc.
  • Berry Global Group
  • Anchor Packaging Inc.
  • Coveris Holdings S.A.
  • Borealis AG
  • Huhtamaki Oyj.
  • Silgan Holdings Inc.

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Country-wise Analysis

Why is the U.S. Thermoformed Containers Market Witnessing High Demand?

“Rising Emphasis on Launching Consumer-convenient Solutions to Elevate Thermoformed Plastic Trays Sales”

As per Future Market Insights, the U.S. is projected to dominate the market in North America thermoformed containers market, which is expected to account for nearly 21.2% of the total market share in 2022.

Surging demand for durable packaging solutions and growing trend of pursuing artistic activities such as painting are compelling manufacturers to launch trendy and consumer-convenient solutions such as paint trays and others.

For instance, in 2020, LINDAR Corp., a leading plastic thermoforming manufacturer, launched a new range of thermoformed PAINTWELL products including paint trays, heavy gauge plastic parts, and paint trays liners. A slew of such product launches is estimated to bolster the sales of thermoformed plastic trays in the U.S. market.

Which is the Leading End use Segment in the Thermoformed Containers Market?

“Introduction of Food & Beverage Application-specific Packaging to Shoot-up the Thermoformed Food Containers Sales”

In terms of end use, the food & beverage segment is forecast to account for 42.4% of the total thermoformed containers demand by the end of 2022.

The introduction of easily recyclable, printable, and food & beverage application-specific containers is fueling sales of thermoformed food containers in the segment. Also, growing demand for packaged and on-the-go food products due to fast-paced lifestyle of consumers is driving the growth across the segment.

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Thermoformed Containers Market by Category

Material Type :

  • Polypropylene
  • Polyethylene
  • Polyvinyl Chloride
  • Polystyrene
  • Others

Product Type :

  • Blisters
  • Clamshells
  • Cups & Bowls
  • Trays & Lids

End Use :

  • Food & Beverages
  • Pharmaceuticals
  • Cosmetics & Personal Care
  • Home Care Products
  • Electronics & Electrical
  • Others

Regions :

  • North America
  • Latin America
  • Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East & Africa

About Us:

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 Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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3D Printed Medical Devices Market is projected for stupendous growth at 16% CAGR during 2022- 2029

[212 Pages Report] Currently heading towards a market value of over US$ 440 Mn, the global market for 3D printed medical devices is projected for stupendous growth at 16% CAGR during 2022- 2029. North America will remain the leading market for 3D printed medical device sales, whereas the market attractiveness of Asia Pacific has been rising notably.

The market growth is primarily assisted by advancements in 3D printing technology, surging government spending in healthcare sector, increasing usage of 3D printed medical devices for medical procedures, and relative simplification of the manufacturing process of 3D printed medical devices. Introduction of Computer-aided Design (CAD) for 3D printing can create trail ready devices, thereby reducing manufacturing time, time to market as well as operational cost.

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Key Takeaways – 3D Printed Medical Devices Market Study

  • Although metals and alloys are most preferably used for 3D printed medical devices, biomaterial inks are expected to gain traction during the forecast period owing to their highly biocompatible and versatile physical properties.
  • PolyJet – InkJet 3D printing technology currently holds maximum share of 3D printed medical devices market. However, consistent development and adoption of innovative technologies may reduce the 3D printed medical devices market share of this technology during the forecast period.
  • Use of 3D printing technology in orthopedic implants is shaping the future of 3D printed medical devices market. It currently accounts for nearly half of the market value.
  • The consistently expanding patient pool and growing preference for personalized implants in joint replacement surgeries will remain key boosters to growth of 3D printed medical devices demand in orthopedics.

Asia Pacific has become the global hub of opportunities, and the leaders in 3D printed medical devices landscape have been eying the opportunity here – owing to the massive application scope, remarkably growing patient population, and relatively less manufacturing costs.

Who Is Winning?

Until late 2016, the key focus of most leading players in the 3D printed medical devices market was geographic expansion through acquisition and merger. In May 2016, Johnson & Johnson announced collaboration with a subsidiary of HP Inc. for manufacturing personalized healthcare solutions at reduced costs through 3D printing techniques. J&J collaborated with Organovo to carry out feasibility study on bio printed human tissue for testing new medications to work with Carbon 3D, famous for ultra-fast Continuous Liquid Interface Production (CLIP) technology for production of custom surgical devices.

The focuse is now gradually shifting towards expansion through strategic partnerships to improve their distribution network. For instance, in 2017, Envision partnered with ScanSource, Inc. to deliver 3D printing solutions to resellers in the Americas. Similarly, in 2018, 3D Systems and Stryker announced distribution partnership for VSP (Virtual Surgical Planning) and anatomical models for carniomaxillofacial specialty.

Learn More About Report Inclusions

Future market insights offers a unique perspective and actionable insights on 3D printed medical devices market in its latest study, presenting historical demand assessment from 2014 – 2021 and projections from 2022 – 2029 based on application (orthopedic implants, dental implants, carnio-maxillofacial Implant), material type (metals and alloys, biomaterial inks and plastics) technology (stereolithography (SLA) – liquid-based 3D printing, selective layer sintering (SLS) – powder-based 3d printing, digital light processing(DLP), fused deposition modelling (FDM)-plastic filament extrusion-based, polyjet – inkjet 3D printing, electronic beam melting (EBM) ) end user (hospitals, ambulatory surgical centers, diagnostic centers) in seven key regions.

Key Market Segments Covered in 3D Printed Medical Devices Industry Research
By Application : 

  • Orthopaedic Implants
  • Dental Implants
  • Cranio-maxillofacial Implants
  • Internal and External Prostheses

By Technology :

  • Stereolithography (SLA) – Liquid Based 3D Printing
  • Selective Layer Sintering (SLS) – Powder Based 3D Printing
  • Digital Light Processing(DLP)
  • Fused Deposition Modeling (FDM): Plastic Filament Extrusion Based
  • PolyJet / InkJet 3D Printing
  • Electronic Beam Melting (EBM)

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By Distribution Channel :

  • Hospitals
  • Ambulatory Surgical Centers
  • Diagnostic Centers

By Material :

  • Plastics
    • Thermoplastics
    • Photopolymers
  • Biomaterial Inks
    • Polymers
    • Ceramics
    • Hydrogels
  • Metals and Alloys

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By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & 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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Tray Sealing Machines Market Will Escalate Rapidly in the Near Future

The tray sealing machines market will report impressive growth through 2021 with worldwide revenues up 4.6% between 2020 and 2031. Future Market Insights (FMI) analysis states that tray sealing machines revenues will nearly double between 2021 and 2031, reaching nearly US$ 4.9 Bn in 2031 with a ten-year compound annual growth rate (CAGR) of 6.0%.

Despite stagnant sales amid COVID-19, the demand for tray sealing machines will surge 2021 onwards, albeit gradually which is forecast to reach 38,024 Units by the end of 2021. The market has been projected to expand at 4.8% CAGR over the forecast period, in terms of volume.

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“Paradigm shift in consumer behaviour towards flexible packaging solutions is driving the tray sealing machines market. Besides this, adoption of integrated systems including seal inspection systems and leakage inspection systems to minimize wastage will bolster growth opportunities, said a FMI analyst.

Key Takeaways from Tray Sealing Machines Survey

The U.S. is expected to emerge as a lucrative pocket, accounting for over 80% of share in North America tray sealing machines market through 2031. France market for tray sealing machines is forecast to grow at a CAGR of 5.0% over the forecast period 2021-2031. Germany is leading the market for tray sealing machines in Europe and is estimated to account for nearly 16.3% of Europe market through 2031. India market is projected to grow at an impressive pace, accounting for over 44.7% of South Asia market through 2031. Based on technology, the segment will account for over 72.4% of the market share in 2021.

Key Drivers

Increasing demand for modified atmosphere packaging (MAP) is influencing sales of tray sealing machines. The rapid growth of food and beverage sectors and consequent demand for sustainable packaging solutions are propelling sales of tray sealing machines.

Key Restraints

High cost associated with the installation and maintenance of tray sealing machines is anticipated to hamper sales in the market.

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Competitive Landscape

Some of the leading players operating in the tray sealing machines market profiled by FMI are:

MULTIVAC, Inc. Proseal America Inc. ProMach, Inc. Harpak ULMA Packaging AptarGroup, Inc. John Bean Technologies Corporation (JBT) Omori Machinery Co., Ltd Robert Reiser & Co., Inc. Sealpac GmbH Webomatic Maschinenfabrik GmbH ILPRA SPA ORICS Industries, Inc. ISHIDA CO., LTD. Global Mondini Italianpack S.p.A Reepack SRL Rotopack srl. Valko s.r.l. Packaging Automation Limited Starview Packaging Machinery Inc.

More Valuable Insights on Tray Sealing Machines Market

FMI in its new report, offers an unbiased analysis of the global tray sealing machines market, analyzing forecast statistics through 2021 and beyond. The survey reveals growth projections on in tray sealing machines market with detailed segmentation:

By Technology:

Automatic Semi-automatic Manual

By Application Type:

Meat, Poultry & Seafood Bakery & Confectionary Fresh Produce Ready Meals Sweets & Dry Fruits Others

By Operating Speed:

Upto 3 CPM 4 CPM to 8 CPM 9 CPM to 12 CPM Above 12 CPM

By Packaging Type:

Modified Atmospheric Packaging (MAP) Vacuum Skin Packaging (VSP) General Sealing

By Region:

North America Latin America Europe South Asia East Asia MEA Oceania

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Key Questions Covered in the Tray Sealing Machines Market Report 

The market survey also highlights projected sales growth for tray sealing machines market between 2021 and 2031 The report offers insight into tray sealing machines demand outlook for forecast period 2021-2031. Tray sealing machines market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, collaborations or partnerships, and others Tray sealing machines market analysis identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry

About Us:

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 Inc.

Christiana Corporate, 200 Continental Drive,

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T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Website: https://www.futuremarketinsights.com

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