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Crystal Oscillator Market is likely to reach a valuation of nearly US$ 5.7 Bn by the end of 2032

The global Crystal Oscillator market was valued at US$ 3 Bn in 2021 and is expected to reach US$ 5.7 Bn by 2032 finds Future Market Insights (FMI) in a recent market survey. As per the findings, revenue through the temperature-compensated crystal oscillator (TCXOs) market grew at a CAGR of 2.8% during 2017 – 2021.

Temperature-compensated crystal oscillator (TCXOs) is generally preferred due to their temperature compensating circuitry required during various ranges of temperatures. Moreover, it provides features such as precision frequency, easy availability at a reasonable cost, and small space. Therefore, the demand for temperature-compensated crystal oscillators is fuelling in the market.

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Japan to Emerge As a Lucrative Option in Crystal Oscillator Market.

With the key crystal oscillator companies operating in Japan including Seiko Epson Corporation, Nihon Dempa Kogyo Co., Ltd., KYOCERA Crystal Device Corporation, and Daishinku Corp., crystal oscillator market is expected to be propelled in Japan with a growth rate of 4.9% over the forecast period. Various companies in Japan are forming for the distribution of crystal oscillators in the Japanese Market. This signifies that Japan as the potential to emerge as a leader in the crystal oscillator market and be valued at a US$ 331.2 Mn by 2032.

“Crystal oscillator manufacturers are engaging in expanding their product line up which requires miniaturization and high frequency to meet the industry demands. From automotive to deep space atomic clock, crystal oscillators have provided the required stability and precision required by a myriad of industry segments.” comments an analyst at Future Market Insights.

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Crystal Oscillator Market: Competition Insights

Key providers in the crystal oscillator market are largely focussing on enhancing the quality of quartz devices in automotive applications in order to respond to the advancing need for miniaturization and meet customer needs for an expansive product portfolio.

The key companies operating in the crystal oscillator market include Seiko Epson Corporation, Nihon Dempa Kogyo Co. Ltd., TXC Corporation, Kyocera Crystal Device Corporation, Daishinku Corp., Microchip Technology Inc., Murata Manufacturing Co. Ltd., Hosonic Electronic Co. Ltd., SiTime Corporation, SiWard Crystal Technology Co. Ltd., Rakon Ltd., River Eletec Corp., Mercury Electronic Ind. Co. Ltd., Fox Electronics, Greenray Industries Inc., MTI-Milliren Technologies Inc., QVS Tech Inc., Nippon Crystal Inc. Bliley Technologies Inc., Ecliptek LLC, Vishay Intertechnology Inc., and Vectron.

Some of the recent developments by key providers of Crystal Oscillator are as follows:

In May 2022, Seiko Espon Corporation started shipping samples of its new addition to crystal oscillators, SPXOs with CMOS output, primarily meant for automotive applications. The product has high stability and measures 2.0 mm x 1.6 mm x 0.6 mm. The new crystal oscillator supports output frequencies up to 170 MHz and has 50% better frequency tolerance for automotive applications.

In April 2020, Nihon Dempa Kogya Co., initiated the mass production of 3225-size differential output crystal oscillators for the purpose of safety in the automotive industry. The company recognized the need for installing standardized equipment and sensing devices to improve safety. The new oscillator could be used as a reference clock source for high-speed transmission and has a long track record in the automotive market.

In April 2020, Bliley introduced the Oscillator eCommerce oscillator store. The new online store for crystal oscillators is meant to change the frequency control industry. The online store will also be able to reduce prices, manage time and streamline the purchasing process of crystal oscillators.

In January 2020, Epson and Rhode & Schwarz, partners, collaborated to create a specific test regimen to measure power supply noise rejection for designing hack tools that may boost clarity and precision in real-world signal integrity design issues.

In March 2019, Kyocera released the smallest quartz crystal considered for smartphones, wearables, and other personal electrical devices. The Quartz Crystal Thermo-Optical Unit weighs only 1.0 x 0.8 mm and has the same electrical properties as Kyocera’s conventional CX1210 model, so it was chosen for use in circuit board revision.

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More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Crystal Oscillator Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in Crystal Oscillator Market by Mounting Scheme (Surface Mount and Through-hole), by Crystal Cut (AT Cut, BT Cut, SC Cut, and Others), by General Circuitry (Simple Packaged Crystal Oscillator, Temperature-Compensated Crystal Oscillator, Voltage-Controlled Crystal Oscillator, Frequency-Controlled Crystal Oscillator, Oven-Controlled Crystal Oscillator, and Others), and by Application (Telecom & Networking, Consumer Electronics, Military & Aerospace, Research & Measurement, Industrial, Automotive and Medical), across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

Key Segments Covered in Crystal Oscillator Industry Survey

Crystal Oscillator Market by Mounting Scheme:

Surface Mount
Through-Hole

Crystal Oscillator Market by Crystal Cut:

AT Cut
BT Cut
SC Cut
Others

Crystal Oscillator Market by General Circuitry:

Simple Packaged Crystal Oscillator (SPXO)
Temperature-Compensated Crystal Oscillator (TCXO)
Voltage-Controlled Crystal Oscillator (VCXO)
Frequency-Controlled Crystal Oscillator (FCXO)
Oven-Controlled Crystal Oscillator (OCXO)
Others

Crystal Oscillator Market by Application:

Telecom & Networking
Consumer Electronics
Military & Aerospace
Research & Measurement
Industrial
Automotive
Medical

Crystal Oscillator Market by Region:

North America Crystal Oscillator Market
Latin America Crystal Oscillator Market
Europe Crystal Oscillator Market
South Asia Crystal Oscillator Market
East Asia Crystal Oscillator Market
Oceania Crystal Oscillator Market
Middle East & Africa Crystal Oscillator Market

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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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Applicant Tracking System Market projected to grow at a CAGR of over 5.2% during 2022 – 2032

According to a research report published by Spherical Insights & Consulting, the Global Applicant Tracking System Market Size to grow from USD 1.43 billion in 2021 to USD 3.10 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 9% during the forecast period. Because applicant tracking systems are so easy to connect with other productivity tools, the market has grown a lot. For example, Oracle Corporation’s PeopleSoft Recruiting Solution has tools that job seekers, recruiters, and managers can use to look for jobs and hire new workers. The Asia Pacific is expected to grow the fastest during the forecast period.

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View a detailed Table of Content here–

The COVID-19 pandemic has made an adverse impact on credit portfolios. There has been an unprecedented rise in unemployment and disruption in economic activity, putting a strain on the solvency of customers and companies. Central banks have taken a proactive approach by injecting liquidity into the market by lowering interest rates and asset purchase programs. Managing and monitoring credit, market, liquidity, and operational risk across financial markets were hard enough with ongoing geopolitical tensions, international trade wars, and the occasional hurricanes and earthquakes. The current pandemic situation has forced chief risk officers and their teams to recalibrate old assumptions and models used to manage and monitor risk. COVID-19’s global impact has shown that interconnectedness plays an important role in international cooperation. As a result, many governments started rushing toward identifying, evaluating, and procuring reliable solutions powered by AI.

The software segment to account for the largest market size during the forecast period

Based on the component type, the applicant tracking system market is categorized into Solutions and Services. The software segment to account for the largest market size during the forecast period. It is expected that the applicant tracking software market will grow quickly in the near future. This is because businesses of all sizes, from small to large, use this type of software. With the help of artificial intelligence, applicant tracking software makes it easier for businesses to score and sort resumes based on the needs of specific jobs. Through machine learning, matching applicants’ curriculum vitae (CVs) to an employer’s needs is made faster and better.

Browse key industry insights spread across 240 pages with 104 market data tables and figures & charts from the report “Global Applicant Tracking System Market Size, Share, and COVID-19 Impact Analysis By Component Type (Solutions and Services), By Deployment (On-Premise and Cloud), By End-user Verticals (IT & Telecommunication, BFSI, Retail and Healthcare), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2021 – 2030.” in detail along with the table of contents

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The cloud segment to hold a higher CAGR during the forecast period

Based on the deployment, the applicant tracking system market is categorized into On-Premise and Cloud. The cloud segment to hold a higher CAGR during the forecast period. Services that are spread out over the cloud make them more adaptable, less expensive, and safer. With a network-based or cloud-based application tracking system, anyone with an internet connection can access the system. This removes the need to install software to access data and lets recruiters keep hiring without stopping. The hiring process has been made better for 94% of recruiters and hiring managers who use recruitment software, according to a study by Capterra.

The IT & Telecommunication segment is to hold a higher CAGR during the forecast period.

Based on the end-user verticals, the applicant tracking system market is categorized into IT & Telecommunication, BFSI, Retail and Healthcare. The IT & Telecommunication segment is to hold a higher CAGR during the forecast period. This is because there is a growing need for talented people all over the world, and every day there are more and more people who want to work. In the information technology and telecommunications industries, the job market is always changing. This could be because technology changes so quickly and because there is always a need for trained and skilled workers in these fields. Many companies in the information technology and telecommunications fields use applicant tracking systems to deal with problems like these.

North America is estimated to account for the highest market share in 2021.

The Global Applicant Tracking System Market has been segmented into five major regions: North America, Europe, Asia-Pacific, South America, The Middle East and Africa. In order to stay competitive in the local, national, and international markets, these companies prioritize making alliances, merging with other companies, and coming up with new solutions. The people who work in North America are much more tech-savvy than people in other parts of the world. It needs trained workers from other places to both supply it and work there. Most businesses in the area that need applicant tracking system solutions are in the United States. Even in countries like Canada that have been industrialized for a long time, there hasn’t been much progress in modernizing HR services. Asia-Pacific to hold a higher CAGR during the forecast period.

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Key Companies & Recent Developments: The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Key companies profiled; International Business Machines Corporation (IBM); iCIMS; Oracle; PeopleFluent; Cornerstone; Workday; Bullhorn, Inc.; UKG Inc.; ADP, Inc.; SAP

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Seismic Survey Equipment Market 3.8% projected growth during 2022 – 2032

The Seismic Survey Equipment Market revenues were estimated at US$ 1.2 Bn in 2021 and is anticipated to grow at a CAGR of 3.8% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 2.2 Bn.

The key component of the Seismic Survey Equipment Market includes Hardware where the demand growth of Seismic Survey Equipment through Hardware Component was recorded at 4.6% during 2018 – 2021, while it is expected to grow at CAGR of 3.8% during 2022 –2023.

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The demand for global seismic survey equipment is being driven by its usage in hydraulic fracturing for environmental research. The fracking fluid contains chemicals, and the flowback water is contaminated. The need for seismic exploration equipment is predicted to rise as a result of the necessity to measure dangers in gas exploration.

The key factors which are propelling the Seismic Survey Equipment sales are an increase in demand from the oil and gas sector and marine surveys. Throughout the projection period, it is anticipated that the oil and gas industry will continue to dominate the market.

The recent slump in the oil and gas industry has had a significant effect on the market for geophysical equipment and services. After mid-2016, the oil and gas market began to revive, and it really took off in 2017. The price of oil was US$ 75 per barrel in 2018. To fulfill the rising demand for oil and gas on a worldwide scale, investors are anticipated to invest in the exploration of unconventional deposits.

In 2018, the world consumed 4662.1 and 3309.4 Mn tonnes of oil equivalent as fuel according to the report of British Petroleum. In a carbon-constrained environment, it is anticipated that demand for lithium-ion batteries, and solar and wind energy storage systems will increase. This factor is also anticipated to fuel a significant increase in demand for a broad range of minerals and metals. The necessity to discover new hydrocarbon sources is crucial and valuable due to the oil and gas resource’s constant depletion.

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Competitive Landscape

Players in the market are constantly developing improved analytical solutions as well as extending their product offerings. The companies in the Seismic Survey Equipment market are focused on their alliances, technology collaborations, and product launch strategies. The Tier 2 Players in the market are targeting to increase their Seismic Survey Equipment market share.

Some of the recent developments in the Seismic Survey Equipment market are:

In July 2022, Geospace Technologies Corporation announced a long-term rental deal with SAExploration, a key supplier of maritime geophysical services. The OBX-750E seabed ocean bottom wireless seismic data collection nodes will be rented by SAExploration. Based on the terms of the existing contract, the value of the agreement is estimated to be US$ 12Mn.

In February 2022, in the Asia-Pacific region, an Ocean Bed Nodes (OBN) resource contract with an anticipated length of around 5 months had approved, according to a statement from SeaBird Exploration. The company intends to use the Voyager Explorer on the contract, which would prolong the charter of the unmanned vessel, and the contract is scheduled to begin in April 2020.
In September 2020, Trimble unveiled the new and improved R12i GNSS receiver, which will enable users to complete tasks more quickly and precisely.

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Key Companies Covered

CCG
Geospace Technologies
Ion Geophysical
Mitcham
Wireless Seismic, Inc
Petroleum Geo-Services
Compagnie Generale de Geophysique
Polarcus Limited
Norwegian Petroleum Exploration Consultants

More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Cellulosic Ethanol Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in Seismic Survey Equipment Market in terms of Components (Hardware, Software and Services)) by Technology, (2D, 3D and 4D), By Location (Onshore and Offshore) across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

Seismic Survey Equipment Market Segmentation

By Component:

Hardware
Software
Services

By Technology:

By Location:

Onshore
Offshore

By Industry:

Oil & Gas
Others

By Region:

North America
Latin America
Europe
APAC
MEA

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Crypto Tax Software Market is expected to reach US$ 492.2 Mn by 2032

The global crypto tax software market is worth US$ 149.1 Mn as of now and is slated to reach US$ 492.2 Mn by the year 2032 at a huge CAGR of 12.7% between 2022 and 2032.

Crypto tax software could be referred to as a platform for financial reporting and enterprise-grade crypto accounting. Its basic functionality includes simplifying essential accounting and various back-office tasks like importing the cryptocurrency activities. It needs to be noted that almost 10% of the cryptocurrency market is dominated by crypto tax software market.

Crypto tax software could be effectively used for preparing taxes for the cryptocurrency assets. They could actually make use of crypto tax software for assessing the crypto trading losses and profits and also cost deductions. This software does feature a 100% cryptocurrency portfolio tracker as well as analysis tool for providing users with gist of the cryptocurrency holdings through several wallets and exchanges.

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NFTs and ETFs (Exchange Traded Funds) are the two cutting-edge products being put forth by numerous players and expected to revolutionize the BFSI vertical. There are regions like El Salvador, Iran, and Venezuela, which are adversely affected by the protracted crises with growing inflation. The outcome is that the residents herein are switching to cryptocurrencies as value storage and also medium of exchange for the essential things. These factors are expected to come through as blessing in disguise for crypto tax software market in the near future.

At the same time, let the fact that robust governing, operational, and risk practices aren’t standardized as yet. As such, various interruptions have taken place during market instability regarding cryptocurrency exchanges. Hacking has also resulted in money getting stolen. These factors could restrain the crypto tax software market in the near future. Future Market Insights has walked through these facts with future perspectives in its latest market study entitled ‘Crypto Tax Software Market’. It has its team of analysts and consultants to perform the same.

Key Takeaways from Crypto Tax Software Market

North America and Europe are going steady with crypto tax software and the scenario is expected to persist even going forward.
The Asia-Pacific is the region subject to topsy-turvy situation herein. This is basically due to growing demand for cryptocurrency, especially from South Asia. This region is expected to witness a CAGR of 17% between 2022 and 2032. However, in countries like Indonesia and India, proliferation of cryptocurrency is a bit difficult as there is a dearth of universal standards and regulations for exchange platforms. Digital money is also at the evolving stage.

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Competitive Landscape

ZenLedger, in October 2022, entered into partnership with Bitpay for accepting cryptocurrency payments. Through this collaboration, the company would lessen transaction fees while increasing efficiency and transparency.
BearTax crypto tax software reduces the downtime by providing seamless integration with several exchanges, along with intelligently matching trades across all the exchanges, curating historical data for each and every coin.
TokenTax comes across as not only a crypto tax calculation software, but an end-to-end crypto tax accounting firm.

“With realization of the fact that crypto tax software makes it simpler for accountants, institutions, and auditors to take care of the complicated world consisting of digital assets, the global crypto tax software market is all set to positively transform the BFSI (Banking, Finance, Software, and Insurance) domain”, says an analyst from Future Market Insights.

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What does the Report Cover?

Future Market Insights offers an exclusive perspective and various real-time insights on the crypto tax software market in its latest study, presenting historical demand assessment of 2016 – 2021 and projections for 2022 – 2032.
The research study is based on deployment (cloud-based crypto tax software and on-premise crypto tax software), and by end-user (personal and business (SMEs and large enterprises).
As crypto tax software gives a holistic picture of digital assets’ activity by checking on transactions and assets via institutional custody solutions, the crypto tax software market is bound to escalate in the forecast period.

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Noise Monitoring Devices Market is projected to grow at a CAGR of 5% between 2022 and 2032

The market for noise monitoring devices will be worth US$735 Million. The market for noise monitoring devices is anticipated to grow as a result of the rising need for these devices in ports, wind farms, mining, and oil and gas industries. The entire market demand for noise monitoring devices is anticipated to reach US$ 1,198 Million by 2032, growing at a CAGR of 5% between 2022 and 2032.

The Noise monitoring devicesare the gadgets dedicated to measure the noise level in various applications such industries, hospitals and others. These devices assist in reducing noise-related health hazards at workplaces.

Noise Monitoring Devices Market: Drivers and Restraints

owing to reduce, the hearing health hazard at the workplace, importance of maintaining noise level in the workplace is increasing, which is anticipated to drive the demand for noise monitoring devices. Further owing to strict government regulation on limiting the noise exposure to the worker is another driver piloting the growth of the market, during the forecast period.

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The need for reducing the noise pollution in urban areas coupled with increasing demand for noise monitoring systems at transportation sector such as airports are crucial factors driving the growth of noise monitoring device market. However, the workplace negligence and lack enforcement of proper law implementation in emerging economies are the major factors restraining the growth of the noise monitoring device market.

Global Noise Monitoring Devices Market: Competitive Landscape

The major player operating in Noise Monitoring Devices Market includes 3M Communications, SINUS Messtechnik GmbH, Honeywell International Inc., Casella Inc., FLIR Systems, RION Co. Ltd., CESVA INSTRUMENTS SLU, ACOEM Group, Pulsar Instruments, SKF Group, PCE Instruments, Brüel & Kjaer, Cirrus Research Plc, NTi Audio, Larson Davis, Svantek, and KIMO.

In June 2017, Casella; a provider of monitoring solution introduced Guardian2. The Guardian2 is monitoring system, which assists in the monitoring of wind spends vibration.

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Global Noise Monitoring Devices Market: Regional Trend

North America and Western Europe governments are strictly focussing on noise level generated by industries and manufacturing plants, owing to which the demand for better monitoring devices is anticipated to increase, due to which, the North America and Western Europe are anticipated to showcase significant growth rate with respect to the noise monitoring devices market in forthcoming years.

Also, Asia Pacific region is considered to be the most polluted region, owing to the presence of industries and manufacturing plants, which is why, the demand for the noise monitoring devices are anticipated to surge during the forecast period, in the respective 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.

Global Noise Monitoring Devices Market: Market Segmentation

Global Noise Monitoring Devices Market can be divided into five segments, on the basis of vertical application, components, services, type, and Region.

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Key Segments Covered in the Noise Monitoring Devices Industry Analysis

Noise Monitoring Devices Market by Vertical Application:

Noise Monitoring Devices for Railways
Noise Monitoring Devices for Airports
Noise Monitoring Devices for Recreational Areas
Noise Monitoring Devices for Industries
Noise Monitoring Devices for Hospitals
Noise Monitoring Devices for Residential Areas
Noise Monitoring Devices for Construction Sites
Noise Monitoring Devices for Road Traffic
Noise Monitoring Devices for Commercial Applications
Noise Monitoring Devices for Other Applications

Noise Monitoring Devices Market by Component:

Noise Monitoring Hardware
Noise Monitoring Software

Noise Monitoring Devices Market by Connectivity:

Ethernet-based Noise Monitoring Devices
Wi-Fi 55-based Noise Monitoring Devices
USB Cable-based Noise Monitoring Devices
Cellular-based Noise Monitoring Devices

Noise Monitoring Devices Market by Type of Noise:

Class 1 Standard Noise Monitoring Devices 51
Class 2 Standard Noise Monitoring Devices 52

Noise Monitoring Devices Market by Region:

- North America Noise Monitoring Devices Market
- Latin America Noise Monitoring Devices Market
- Europe Noise Monitoring Devices Market
- Asia Pacific Noise Monitoring Devices Market
- Middle East and Africa Noise Monitoring Devices Market

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3D Cell Culture Market is predicted to surge ahead at a CAGR of 9.8% over the forecast period to attain a valuation of US$ 2.67 Bn by 2031

[253 Pages Report] The 3D cell culture market revenues surpassed US$ 778 million in 2018, as per a new FMI study. The market is estimated to grow at 7.8% y-o-y in 2019; key factors responsible for the projected market growth include,

A steady rise in global research and development expenditure
Efforts to leverage the potential of 3D cell culture to replace animal model testing
Increasing demand for biosimilar products
Extensive application of stem cell research and a growing emphasis on regenerative medicine

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3D Cell Culture Market

The FMI study finds that scaffold-based 3D cell culture techniques are highly preferred over scaffold-free 3D cell culture. Owing to the significant adoption of scaffold-based 3D cell culture, the study finds that this technique garnered over 81% of the global market revenues.

Scaffold-based 3D cell culture techniques deliver researchers with additional functional operations in terms of material – natural or synthetic and different mechanical properties.

The technique uses either hydrogel-based support or polymeric hard material based support. Both types of supports find equivalent penetration in terms of application, however revenues garnered from polymeric hard material based support are higher.

According to the study, revenues of polymeric hard material based support held over half the scaffold-based 3D cell culture technique revenues in 2018 and the trend is expected to continue in the future.

“While 2D cell culture revolutionized the research efforts in stem cells, tissue engineering, and molecular biology, 3D cell culture has pushed the boundaries of traditional 2D cell culture technique with functional superiority. As the R&D efforts continue to rise in a bid to investigate the cause of different diseases and improve human health, 3D cell culture is set to remain a highly sought-after technique in the coming years,” says FMI.

Leading Manufacturers in the 3D Cell Culture Market:

Thermo Fisher Scientific Inc.,
Merck KGaA,
Becton,
Dickinson and Company, and Lonza,
Corning Incorporated,
Synthecon, Inc.

Competitive Landscape of the Global 3D Cell Culture Market

The competition section of the 3D cell culture market represents the profiles of the key players operating in the 3D cell culture market based on the products they offer and the total revenue of the companies. Some of the key players featured in this report include Thermo Fisher Scientific Inc., Merck KGaA, Becton, Dickinson and Company, Lonza, and Corning Incorporated.

The key manufacturers of 3D cell culture offer a wide range of products. Thermo Fisher Scientific, Inc. has developed a joint platform for advancing research in precision medicine.

Corning, one of the major leaders in 3D cell culture market, manufactures cell culture products, which include consumables (such as plastic vessels, specialty surfaces, cell culture media, and serum), as well as general labware and equipment, which are used for advanced cell culture research.

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Application of 3D Cell Culture in Cancer Research Prominent

The FMI study estimates that 3D cell culture application in cancer research accounted for over 31% of the 3D cell culture market revenues in 2018. Cell culture is an integral part of cancer drug discovery practices. Greater strides are underway in the field to precisely characterize the diseases and develop advanced tumor cell lines using 3D cell culture techniques.

2D culture lines are considered as a standard for in vitro pre-clinical cancer treatment screening. However, more recently, the field is turning to 3D cell culture techniques to implement an ideal experimental model that mimics the human body environment to its best.

Stem cell technology is another lucrative field for 3D cell culture market. According to the FMI study, application in stem cell technology accounted for over one-fourth of the 3D cell culture market revenues in 2018. While 2D cell culture posed challenges of scalability in stem cell technology, apart from a few challenges, 3D cell culture has provided greater density and multi-fold expansion of the culture system in stem cell technology. Other fields that utilize 3D cell culture techniques are tissue regeneration, regenerative medicine, and drug discovery.

Revenues in North America Continue to Surge

North America continued to spearhead the revenues of 3D cell culture market during the historical period and the status-quo is likely to continue in the future. In 2018, North America accounted for over two-fifths of the global 3D cell culture market revenues. The study estimates that regional revenues are expected to grow at 8% in 2019 over 2018.

Funding in research and development, especially in cancer research remains higher in the United States as compared to other developed countries. Europe also presents significant funding in R&D activities. The FMI study finds that over one-fourth of the 3D cell culture market revenues were accounted for the Europe region in 2018, of which a bulk of revenues come from Western European countries such as Germany, the UK, France, Italy and Spain.

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Key Segment Based on product type

scaffold-free 3D cell culture
scaffold-based 3D cell culture

Based on application

drug discovery
tissue regeneration & regenerative medicines
cancer research
stem cell technology
others

Based on end user

biotechnology and pharmaceuticals industries
hospital laboratories
academic research and institutes
contract research organizations

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Muscle Stimulation Devices Market is projected to expand at a CAGR of 3.9% by 2028 | FMI

The performance of the global muscle stimulation devices market is expected to witness immensely impactful developments, with potential improvements in the recovery of stroke through nerve stimulation. With rising rate of AIS (acute ischemic stroke), the focus has been shifted to improving the associated stages of stroke care, including prevention, intervention, and rehabilitation. The Ohio State University has been conducting a new clinical trial to shorten the motor skills recovery period in stroke patients, via VNS (vagus nerve stimulation).

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The trial involves the use of a device – Vivistim, which has been developed by MicroTransponder, a Dallas-based company. The device functions by coupling VNS with the muscle movement, during rehabilitation. It is supposed to build up the motor function, learning, and memory, drastically improving the post-stroke outcome thereby. This nerve stimulation therapy, if used in tandem with appropriate interventions, can potentially result in excellent rehabilitation, minimizing the impact of complications that may follow the treatment process. If Vivistim delivers positive results and enables stroke patients to regain their motor function early, the market participants may witness multiple doors of opportunities in the rehabilitative treatment area.

Muscle Stimulation Devices Market

Key Companies to Focus on Strong Distribution Channel Development & Suppliers to Strengthen Presence in Emerging Markets

New and innovative product launches such as wireless devices are being considered by manufacturers as the key to achieve enhanced device capabilities, which is presumed to trigger sales in long term. To expand market shares and improve distribution network through the next decade, several players are prioritizing strategic partnerships, i.e. distribution agreements for their product offerings. Enhanced distribution will also help the stakeholders penetrate various untapped regional markets.

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Key players in the global muscle stimulation devices market are focusing on development of new pain management methods and techniques. Adoption of innovative marketing strategy by muscle stimulation device manufacturers is attributed to their gradually increasing market value share. Increased focus on strengthening of distribution channel will reportedly be the key for market expansion in emerging economies. On the flipside, suppliers are likely to consider patient needs as a top priority, while ensuring the supply of high-quality products to end users. Stakeholders are strengthening product portfolio by launching new products with improved features, and through strategic mergers and acquisitions. Moreover, a growing number of local players in the muscle stimulation devices market is expected to result in creating a fragmented market, since the market is already led by smaller-sized firms catering to domestic customer demands.

Muscle Stimulation Devices to Face Passive Growth

Despite immense scope for innovation in product development and applications, the global market for muscle stimulation devices is projected to observe sluggish growth over the next decade. As prompted by a recent research study by Future Market Insights, the global muscle stimulation devices market will expand at a CAGR of 3.9% during 2018-2028, attaining a value of over US$ 870 Mn by 2028 end. High price point will remain a longstanding factor limiting widespread adoption of muscle stimulators. Stringent regulatory norms regarding the launch and use of muscle stimulation devices is also anticipated to hinder market growth in upcoming decade.

By value, North America and Western Europe are expected to represent the dominant markets for muscle stimulation devices, whereas developing economies such as APEJ, Latin America, and Eastern Europe will reportedly exhibit relatively promising performance over the projection period.

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Key Segments

The next section analyses market on the basis of product type and presents forecast in terms of value (US$ Mn) for the next 10 years. Product types included in the report are-

Neuromuscular Electric Stimulator (NMES)
Transcutaneous Electric Nerve Stimulator (TENS)
Interferential (If)
Burst Mode Alternating Current

The next section analyses market on the basis of indication and presents forecast in terms of value (US$ Mn) for the next 10 years The global muscle stimulation devices market is segmented on the basis of application into:

Pain Management
Neurological & Movement Disorder Management
Musculoskeletal Disorder Management

The next section analyses the market on the basis of the end user and presents forecast in terms of value (US$ Mn) for the next 10 years. On the basis of the end user, the global muscle stimulation devices market is categorized into:

Hospitals
Physiotherapy Clinics
Sports Clinics
Home Care Settings

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Orthokeratology Market is projected to be valued at US$ 88.7 Million by 2028 | FMI

[194 Pages Report] The global Orthokeratology Market is expected to be worth US$ 58.1 million in 2022, rising to US$ 88.7 million by 2028, at a CAGR of 7.3 percent from 2022 to 2028.

Orthokeratology has been considered to facilitate the elimination of contact lens related vision problems, providing patients with the freedom to experience an active lifestyle.

While this factor will continue to play a pivotal role in growing adoption of Ortho-K lenses, Future Market Insights has discovered a few other factors that are likely to impact the growth of orthokeratology market in near future. In a recently released report, titled “Orthokeratology Market: Global Industry Analysis 2013-2021 and Opportunity Assessment, 2022–2028,” the performance of global market for orthokeratology is assessed for a 10-year period 2022-2028.

Orthokeratology Market Size (2022)	US$ 58.1 Mn
Sales Forecast (2028)	US$ 88.7 Mn
Global Market Growth Rate (2022 to 2028)	7.3% CAGR
Share of Top 5 Orthokeratology Equipment Suppliers	55%

Increasing online efforts in patient education and awareness about Ortho-K, coupled with an intensifying rate of success of orthokeratology lenses in recent years, is expected to strengthen the prospects for global orthokeratology market, over the next decade. The market is likely to witness a promising CAGR of 7.4%; whereas, the global revenue is anticipated to reach beyond US$ 88 million by the end of 2028.

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While increasing prevalence of myopia stands as a key factor impacting the market growth, several advantages of Ortho-K lenses over the conventional contact lenses have been recognized to be pushing adoption of orthokeratology among sports persons. A few restrictions arising in case of LASIK surgery will also be reportedly responsible for growing inclination for Ortho-K. On the flipside, the adoption of orthokeratology lenses among the myopic patient is less than 0.5%, which is a major factor deterring the growth of the market. In few under developing economies, patient are not able afford the high cost of ortho-k lenses and also the high fees of ophthalmologists and optometrists which will also deter the growth of market to some extent.

Myopia Continues to Remain the Most Influencing Indication, Accounting for a Major Revenue Share

Myopia is expected to remain a key indication driving the demand for orthokeratology, worldwide. With over 70% share of the total market value estimated for 2028, myopia will also provide an extensive scope for innovation opportunities. Hyperopia, followed by astigmatism, will represent the next key indicative factor, which is anticipated to drive market growth over the forecast period.

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Demand from Optometry Clinics Accounts for a Share that Equates More than Half of the Market Value

Among all distribution channels, optometry clinics will reportedly continue to generate the maximum demand for Ortho-K, accounting for a share of more than 50% to the total market value through 2028. Ophthalmic clinics are expected to hold a decent revenue share throughout the assessment period, whereas hospitals are likely to emerge as the most opportunistic distribution channel.

MEA Still Struggles through Low Awareness Level

North America and Europe, which represent the key regional markets, will reportedly account for a collective value share of around 60% through 2028. Asia Pacific excluding China and Japan is slated for modest growth, whereas MEA will continue to witness sluggish growth rate owing to relatively lower consumer awareness about availability and use of Ortho-K lenses.

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Key Players :

The Cooper Companies Inc.
Euclid Systems Corporation
Menicon Co., Ltd.
GP Specialists, Inc.
TruForm Optics, Inc.
Art Optical Contact Lens, Inc.
MiracLens L.L.C.
Contex, Inc.

Key Segments Covered in Orthokeratology Industry Survey

Orthokeratology Market by Indication:

Myopia
Presbyopia
Hyperopia
Astigmatism

Orthokeratology Market by Distribution Channel:

Hospitals
Optometry Clinics
Ophthalmology Clinics

About FMI:

Rare Neurological Disease Treatment Market is expected to surpass US$ 19.795.14 Mn by 2032 | FMI

[170 Pages Report] According to a newly published Future Market Insights report, the global rare neurological disease treatment market will exhibit a splendid expansion throughout the forecast period (2017-2026). Revenues from the market are envisaged to exceed US$ 12,000 Mn by 2026-end.

New Drug Formulations and Initiatives toward Improving Treatment & Care of Patients to Influence Market Growth

Declining blockbuster drugs have led pharmaceutical companies to keenly investigate potential new areas of research & development. Drug manufacturers have been incentivized by the Orphan Drug Act to develop new drug formulations associated with treatment of various rare diseases such as rare neurological diseases, in a bid to introduce new treatment options to the market. Regulatory advantages such as breakthrough designations, longer market exclusivity, and reduced fees & tax incentives have encouraged investments in R&D of drugs related to rare neurological diseases.

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The world is entering into a new era, wherein science has realized the capability of aiding development of treatment & care for patients affected with rare neurological conditions. Several initiatives are being taken for coordinating efforts of pharmaceutical companies and healthcare institutes who share similar aim of improving treatment & care for patients suffering from rare neurological diseases.

For example, Brains for Brain Foundation, European Brain Council, LSD Patient Collaborative, and members of pharma industry are supporting an initiative in Europe which is expected to enhance visibility, awareness and recognition of rare neurological disorders for facilitating their early diagnosis. The initiative also aims to facilitate and promote collaboration and partnership between physicians, patient advocates, decision- & policy-makers, and researchers.

North America to Lead Global Rare Neurological Disease Treatment Market

North America is set to lead the global rare neurological disease treatment market, with an estimated revenue share of over 40% during 2017 to 2026. Economic and technological vigour, coupled with increasing geriatric population in the region, which is highly prone to such brain-related diseases, will influence demand for rare neurological disease treatment in North America.

The market revenue share of Europe and Asia-Pacific excluding Japan will also remain significant. However, combined revenues from the markets in these two regions will continue to be smaller than those amassed from the market in North America. Rare neurological disease treatment market in North America and Europe will record a parallel expansion through 2026, in terms of value.

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Biologics to Remain Preferred Drug for Rare Neurological Disease Treatment

Biologics will continue to be the preferred drug for treatment of rare neurological diseases. Revenues from sales of biologics will account for the lion’s share of the market through the forecast period, based on drug type. However, revenues from sales of organic compounds for rare neurological disease treatment are forecast to record a relatively faster growth through 2026.

With an estimated market revenue share of nearly 60% during 2017 to 2026, Alzhiemer’s disease will continue to dominate the market, based on indication. In addition, revenues from treatment of this indication segment are likely to record the fastest rise in the market through 2026. Injectables will remain sought-after among mode of administration of drugs for treating rare neurological conditions.

Since the recent past, leading pharmaceutical companies have been placing more emphasis on rare disease, with tremendous support from the government. There is a greater likelihood that effective therapeutic measures for these life threatening rare diseases will be realized in the near future.

FMI’s report identifies and tracks key players influencing expansion of the rare neurological disease treatment market that include:

EMD Serono, Inc.
Jazz Pharmaceuticals
Teva Pharmaceutical Industries Limited
Johnson & Johnson
Sanofi
Medtronic Plc
Bayer Aktiengesellschaft
Novartis AG.

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Market Taxonomy Region

North America
Latin America
Europe
Japan
APEJ
MEA

Indication

Alzheimer’s Disease
Narcolepsy
Multiple Sclerosis
Amyotrophic Lateral Sclerosis
Other Indications

Drug Type

Biologics
Organic Compounds

Mode of Administration

Injectables
Oral
Others

Distribution Channel

Hospital Pharmacies
Retail Pharmacies
Online Pharmacies

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Anaesthesia Machines Market is estimated to reach a valuation of more than US$ 2.4 Bn by the end of the year of assessment (2027)

Mergers and Collaborations to Present High Growth Opportunities for Market Players in the Coming Years

Mergers and collaborations between local and international players in developing regions are expected to present potential opportunities for growth in terms of successful market penetration and sales. The regional markets of Asia Pacific, Latin America and GCC countries is anticipated to create significant opportunities to players involved in anaesthesia machines market. This can be attributed to the increasing surgical procedures in these regions coupled with increasing per capita expenditure on cosmetic surgeries and other healthcare associated procedures. Players in this market are establishing business relationships with healthcare facilities in these regions as well as government agencies for long term gains and enhancing their presence in the region. Moreover, partnership programs between organizations and institutions are observed to facilitate anaesthesia training programs.

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The research report “Anaesthesia Machines Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” published by Future Market Insights throws light on several aspects driving the global market. The growth of the market is impacted by various trends, developments, drivers and challenges, the analysis of which is included in the fact based research report. The exhaustive research publication covers historical data analysis along with current scenario as well as future projections of the market from a value standpoint for a 10 year period, starting from 2017 till 2027. The analysis on various segments playing a major role in the expansion of the global anaesthesia market has been carried out to get a complete picture of the global market.

Increasing Need for Anaesthesia Procedures to Spur the Adoption of Anaesthesia Machines in the Coming Years

According to WHO (World Health Organization) and World Bank, by 2026, the treatments demanding surgeries and hence anaesthesia machines would eclipse that of tuberculosis and HIV as well as malaria. Current market scenario portrays the fact that about 30% of the population in the entire globe do not have access to surgeries. On the contrary, about 75% of major procedures are being performed in the wealthiest countries in the world whereas poor countries are witnessing only 3.5% of operations. Government bodies along with non-government institutions are continuously working on offering healthcare access to every region, which is expected to trigger the adoption of anaesthesia machines. The growing number of surgeries and increasing government support are expected to fuel the growth of the anaesthesia machines market at a global level in the years to follow.

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Global Market for Anaesthesia Machines: Factors Promoting Growth

The global market for anaesthesia machines is influenced by several aspects that facilitate the growth of the global market. Few of these aspects include continual technological advancements in anaesthesia machines, integration of IT in healthcare systems pushing the demand for anaesthesia workstations, emergence of anaesthesia information management systems, increasing public and private investments in healthcare, expanding imports and exports of medical devices among different regions, expanding private sector, enhancement in product lines by various manufacturers of anaesthesia machines, growing trend of patient monitoring using IoT, favourable government support, increasing medical tourism, growing geriatric population and manufacturing of cost effective anaesthesia machines.

However, product recalls due to defects in devices, shortage of healthcare professionals, adoption of refurbished machines, lack of public access to healthcare facilities and lack of clinical resources are expected to pose hindrances to the growth of the global market.

Segmental Highlights on the Anaesthesia Machines Market

With respect to region, North America and Asia Pacific excluding Japan (APEJ) are expected to showcase high potential for growth. Anaesthesia machines market in North America (led by US) is estimated to be the largest, whereas the market in APEJ is expected to rise at a comparatively high value CAGR during the forecast period
With respect to modality, the standalone anaesthesia machines are expected to witness increased adoption across the globe in several hospitals and clinics. This segment is expected to lead the global market with a high valuation and projected to expand at a relatively high CAGR throughout the period of assessment

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Top Players Competing in the Global Anaesthesia Machines Market

The research report includes profiles of major players operating in the anaesthesia machines market. To name a few, the report includes intelligence on players such as GE Healthcare, Drägerwerk AG & Co. KGaA, Mindray Medical International Limited, Getinge AB, Spacelabs Healthcare, Heyer Medical AG, Infinium Medical, Inc., ACOMA Medical Industry Co., Ltd., Chirana Medical A.S., DRE Medical, BPL Medical Technologies, Beijing Aeonmed Co. Ltd., Comen Medical Instruments Co. Ltd., Okuman Medical System Ltd., Narang Medical Limited and Lowenstein Medical GmbH & Co.

Key Segments Covered

By Modality

Standalone Anaesthesia Machines
Portable Anaesthesia Machines

By End User

Hospitals
Surgical Ambulatory Centres
Clinics
Nursing Facilities

About FMI:

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