Educational Tourism Market is Estimated to Reach at a US$ 1,947.0 Bn by 2031 | Future Market Insights, Inc.

The global educational tourism market is predicted to reach a value of US$ 1,947.0 billion by 2031, with a robust CAGR of over 17.2%.

Governments all across the globe have contributed to the modernization of the education system by creating smart learning initiatives and aligning education curricula with global teaching standards.

The as artificial intelligence (AI), machine learning, virtual reality (VR), augmented reality (AR), etc. has led to the adoption of more efficient methods of teaching and in turn delivering an enhanced quality of education.

Governments have adopted several initiatives to support the integration of technology into the education system. For example, the UAE has initiated an Innovation Hub by Oracle in Dubai, allowing students to pitch ideas for developing technological changes.

Meanwhile, the UAE government has allocated funds towards ICT development and establishment of 122 innovation libraries in schools with Arabic representation in technology in order to encourage and promote education among Arabic-speaking students.

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The main objective for integrating new technologies into the educational system is to enable students to adapt to the ever-evolving dynamics of various industries. Moreover, regional governments are focusing on creating an ecosystem led by innovation and a knowledge based economy.

Therefore, the adoption of these technologies into the education system remains a top priority for government authorities.

Key Takeaways from the Educational Tourism Market Study

  • India, the U.S., the U.K., France, and Japan among others are the most popular destinations for educational tourism.
  • The U.S., the U.K., China, and Australia among others are top-visited countries in the world for educational tourism and are becoming an education hub for international students.
  • In terms of course type, master degree will be the most preferred type among consumers, contributing over 71% of global market share
  • Students are the primary end-users, enabling the global educational tourism market growth and are expected to generate over 39% of revenue during the forecast period
  • Global travel companies are anticipating high growth in the educational tourism sector. Though nascent in certain areas of the world, many travel companies are conducting educational tours, thereby promoting the importance of education and contributing to the growth of the educational tourism sector.
  • The concept of informal learning is more appreciated than formal learning, i.e., “education with travel”. Further, the thirst for knowledge has also increased thereby encouraging people to travel across the globe to gain knowledge of different concepts and technologies that they had studied earlier.

“Given the ever-growing demand for higher education and to bring to the attention of the local authorities to the implementation of the national strategy for international cooperation, international student recruitment has become a priority.

Implementation of various policies and measures to help recruitment of a higher number of international students will therefore present highly lucrative growth opportunities for the market,” says an FMI analyst.

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Impact of Covid-19 & 2020 Market Analysis

Educational tourism has been one of the most affected industries from the very beginning of the outbreak of the coronavirus, with airlines on the ground, the suspension of outgoing and incoming flights, nationwide lockdowns, hotels closing and travel controls enforced.

In the FQ-20, the pandemic limited the arrival of international visitors to a fraction of what they were one year before. Countries all over the world imposed travel restrictions to limit the spread of the coronavirus, which broadly affected the overall tourism industry.

Additionally, The Director-General and CEO of IATA reported that financially, 2020 was the worst year in aviation history. On average, US$ 230.0 Mn has been added to business losses on each day of this year, contributing to a net loss of US$ 84.3 Bn dollars.

In 2020, with the extreme effects of the Covid-19 pandemic, in contrast to 2019 estimates, foreign tourism decreased by 22% in Q1 and by 65% in the first half of 2020, which directly impacted the educational tourism industry.

Who is Winning?

Players in educational tourism market adopts a virtual and online approach to connect with potential people. For instance, key players such as GVI Company, EF Educational Tours, and M.K.H Consultancy Services, among others provides virtual internship program and online classes. This approach helps the players to attract more customers.

Few key players in the educational tourism market are Meridean Overseas, GVI Company, Global Volunteers, Capital Tours, Inc., EF Educational Tours, Road Scholar, AAI Edutourz, ACIS Educational Tours, GoIreland, Qadri International Education Consultancy, Intelligent Partners, Futures Abroad, ProEd DMCC, Education Resources Network (ERN), Education Zone, Fact, IQ Education Consultants, M.K.H Consultancy Services, and Stratix Consultants among others.

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Revision Knee Replacement Market is estimated to reach US$ 2 Billion with a CAGR of 4.1% by 2032

The market for revision knee replacements is expected to reach $1.3 billion by 2022. The revision knee replacement market is expected to reach $2 billion by 2032, with a CAGR of 4.1 percent.

Revision knee replacement also known as revision total knee arthroplasty, is a procedure in which already implanted artificial knee joint, or prosthesis is replaced with a new prosthesis. Revision knee replacement also include the use of bone grafts. The bone graft can be an autograft which is taken from the site in patient’s body or allograft where the bone tissue comes from donor.

Report Attribute Details
Revision Knee Replacement Market Value (2022) US$ 1.3 Billion
Revision Knee Replacement Market Anticipated Forecast Value (2032) US$ 2 Billion
Revision Knee Replacement Market Projected Growth Rate (2022-2032) 4.1%

There are three major purpose of revision knee replacement: relieving pain in the affected area, restoring the mobility of the patient, and removing loose or damaged prosthesis. Total knee replacement surgery is most successful but over time if the fails due to various reasons then revision knee replacement is done. Revision knee replacement have the same goal to relive pain and improve function like the total knee replacement surgery.

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Revision knee replacement surgeries are more complex and take longer time and extensive planning and specialized implants and tools are required to achieve better results. There are various type of revision surgery. In certain cases only on implants or component is replaced. Other time all the three component- tibia, femoral and patellar needs to be replaced and the bone around the knee needs to rebuild with the metal piece or bone graft.

The major step in revision surgery is the removal of the old femoral component. After the removal of the metal shell in the femoral, damaged bone is scraped off and the femur bone is reshaped. If the bone is weak, the cavity inside the femur is filled with bone grafts.

Revision Knee Replacement Market: Drivers and Restraints

The revision knee replacement  is expected to grow due to the increasing rate of old age diseases like obesity arthritis, sports related injuries, osteoporosis, diabetes and aging population and. However existing and upcoming advancement in the technology in the revision knee replacement such as minimally invasive surgery and better implant materials are the factors that drive the revision knee replacement market globally.

Increasing investment in the healthcare sector also drive the market of the revision knee replacement market. Despite the widely used procedures for curing disease the global revision knee replacement market is facing challenge such as economic slowdown which is forcing patients to reconsider elective surgeries when the conservative medical treatments such as viscosupplementation may ease the pain. High cost surgery, growing awareness for the non-surgical treatment methods such as exercise, walking aids, and weight loss inhibits the market of the revision knee replacement market.

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Revision Knee Replacement Market: Overview

Revision knee replacement market is one of the most effective and widely used to relive the pain of arteritis. Technological advancement in the knee replacement market such as minimally invasive implant materials and their success rate allowing even the younger generation to undergo revision knee replacement.

The revision knee replacement promotes technologies such as 3D printed knee implants. The emerging revision knee replacement market due to advancement in the technologies and new product launch. The manufacturing companies are raising their respective market share with the help of marketing activities and growing awareness among the people.

Revision Knee Replacement Market: Regional Outlook

The market for limb correction system are examined across the region such as North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America dominates the revision knee replacement market due to high patient awareness, increasing healthcare expenditure and relatively larger number of research and development increase in the advancement in the technology which contribute to the revenue generation from the region.

Asia Pacific is expected to grow owing to the increasing prevalence and rapid booming medical tourism industry in the emerging economics of India and China propel the growth of the revision knee replacement market.

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Revision Knee Replacement Market: Key Players

Some of the key players in the Revision Knee Replacement Market are Smith & Nephew Plc, Wright Medical Group, Inc, Zimmer Holdings, Biomet, Inc., Exactech, Stryker Corporation, DePuy Companies, Inc , B. Braun Melsungen AG, DJO Global, Ortho Development, Limacorporate S.p.a., SURGIVAL INTERNATIONAL, BEZNOSKA, s.r.o., whereas some and regional players also have a significant presence in revision knee replacement market.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Revision Knee Replacement Market: Segmentation

Tentatively, global revision knee replacement market has been segmented on the basis of product type, fixation type and end user.

Based on product type, global revision knee replacement market is segmented as below:

  • Three compartmental
  • Unicompartmental

Based on fixation type, global revision knee replacement market is segmented as below:

  • Cemented
  • Cementless

Based on end user, global revision knee replacement market is segmented as below:

  • Hospitals
  • Orthopedic and Prosthetic Clinics
  • Others

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Medical Physics Market Key Players : Gilbert Health Physics, Medical Physics Services, Medical Physics Services Consultants, Inc.

According to the latest research by Future Market Insights (FMI), the global market for medical physics will exceed the valuation of US$ 6 billion towards the end of projection period.

Prominently driven by the growth of medical tourism sector and increasing expanse of diagnostics, the global revenue of medical physics market will reportedly thrive at a healthy over-6% CAGR during 2018-2028. Growing adoption of nuclear medicine has also been cited as an important factor responsible for a positive growth outlook anticipated for medical physics market.

However, the report also highlights that the insufficient availability of skilled workers and relatively poor healthcare infrastructure for medical physicist trainings in developing regional markets will continue to restrict penetration of medical physics in the long run.

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The ‘Outsourcing’ Trend Is Creating Firm Base for Merger & Acquisition Strategies

With the consolidation of hospitals, there is an increasing need for larger firms in the medical physics market, with an intent to handle the outsourced services so as to contract with fewer services providers. The medical physics market is characterised by the presence of small independent companies, and there is a negligible number of large-scale operators. According to the report, this presents opportunities for private equity firms to enter the middle-market platform and scale-up their medium-scale operations to large-scale operations through the acquisition of smaller firms.

Other factors driving mergers and acquisitions in the medical physics market include increasing stringent regulations and an increasing number of owners looking to exit the medical physics business. Increasing stringent regulations have resulted in the inspection of a larger number of machines and associated elements. Several healthcare systems are incurring higher risks due to the increasingly stringent regulations. This opens opportunities for medical physics companies to ensure compliance and reduce operation cost by outsourcing. Furthermore, most of the medical physics firms are owned and operated by baby boomers who are about to retire from their medical physics business. For a majority of those medical physics service providers who are retiring, selling their business has been considered to be the most preferred option.

Some of the other trends in the medical physics market include increased outsourcing by healthcare providers, increasing number of independent diagnostic imaging centres, and advancements & adoption of technology across the world.
Segmental Insights: Medical Physics Market

Diagnostic modality, driven by increasing adoption of diagnostic procedures such as PET, SPECT, CT, and MRI, will continue to account for more than 65% share of the total medical physics market value.

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Based on services, accreditation assistance is slated to remain dominant, followed by safety surveys. The report anticipates physics testing and regulatory and auditing services to emerge highly potential.

Following hospitals, diagnostic imaging centers are likely to register significant adoption rate in the medical physics market through 2027.

The North American and European medical physics market will reportedly account for a majority of market value, according to FMI’s analysis on medical physics market. The report has attributed this dominance to rapid consolidation of healthcare facilities in these regions.

Some of the key players in the medical physics market include Krueger-Gilbert Health Physics, Inc., LANDAUER, Medical Physics Services, Medical Physics Services Consultants, Inc., Alyzen Medical Physics Services, Radiation Safety & Control Services, Inc., Upstate Medical Physics Services, Dade Moeller & Associates, Versant Medical Physics Services & Radiation Safety, Alliance Medical Physics Services LLC, West Physics Consulting, LLC, Associates in Medical Physics Services, Radiation Services, Inc., Jaeger Corporation, and Petrone Associates, LLC.

Global Medical Physics Market: Segmentation
Analysis by Modality

Diagnostic
Radiographic X-Ray Systems
Fluoroscopic X-Ray Systems
Dental X-Ray Systems
Mammography Systems
Computed Tomography
Magnetic Resonance Imaging
Ultrasound
SPECT
PET
Others
Therapeutic
LINAC
Brachytherapy
Others

Analysis by Service

Accreditation Assistance
Performance Testing
Physics Testing
Radiation Dose Monitoring
Radiation Safety Training
Treatment Commissioning Services
Safety Surveys
Regulatory and Auditing Services
Others

Analysis by End User

Hospitals
Ambulatory Surgical Centers
Diagnostic Imaging Centers
Academic and Research Institutes

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Analysis by Region

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa
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3D Cell Culture Market Key Players : Corning Incorporated, Merck KGaA, Synthecon, Inc., Becton

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

3D Cell Culture Market

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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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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 9-years.

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

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

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

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

Covid-19 Pandemic: Viscosuppplementation Market Players Consolidating their Position

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

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

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Key Takeaways of Viscosupplementation Market Study

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

New Product Development to be the Torchbearer

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

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

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Want more insights?

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

Viscosupplementation Market: Segmentation

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

Product Type

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

Application

  • Knee Oseteoarthritis
  • Hip Oseteoarthritis
  • Shoulder Oseteoarthritis
  • Others

Region

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

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

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

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

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

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

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

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

Key Takeaways: Direct-To-Consumer Genetic Testing Market

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

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

Market Competition

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

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

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

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

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

Key Players :

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

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Direct-to-Consumer Genetic Testing Market Outlook by Category

By Product:

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

By Technology:

  • Single Nucleotide Polymorphism Chip
  • Whole Genome Sequencing

By Sample:

  • Saliva
  • Urine
  • Blood

By Sales Channel:

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

About FMI:

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

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

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

Impact of COVID-19 on the Healthcare Industry

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

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The team of analysts at Future Business Insights are focussing on research and market study to produce different Spinal Osteosynthesis Units Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Spinal Osteosynthesis Units Market.

Key Players 

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

Segmentation 

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

Spinal Osteosynthesis Units Segmentation by Product Type

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

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Spinal Osteosynthesis Units Segmentation by Surgical Approach

  • Posterior
  • Anterior
  • Lateral

Spinal Osteosynthesis Units Segmentation by Patient Type

  • Adult
  • Pediatric

Spinal Osteosynthesis Units Segmentation by End User

  • Hospital
  • Specialty Clinic
  • Others

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Queries Solved

What is the size of the overall Spinal Osteosynthesis Units Market in the Healthcare Industry and its segments?

What are the key segments and sub-segments in the market?

What are the key drivers, restraints, opportunities, and challenges of the Spinal Osteosynthesis Units Market in the Healthcare Industry, and how they are expected to impact the market?

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

What is the Spinal Osteosynthesis Units Market in the Healthcare Industry size at the regional and country-level?

What are the key market players focusing on?

What are the strategies for growth adopted by the key players in Spinal Osteosynthesis Units Market in the Healthcare Industry?

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

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

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

Reasons to buy the report

  • We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
  • Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
  • The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

About FMI:

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

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Camping and Caravanning Market to grow at a rate of 7.6% by 2030 | Get Customized Reports

The global camping and caravanning market is estimated to rise at a CAGR of ~7.6% between 2020 and 2030, Future Market Insights foresees stable growth for the market. Nowadays, most of the countries, such as the Philippines, India, Thailand, Brazil, and UAE, are significantly investing in their airports to improve arrival/departure facilities for a large number of tourists in the foreseeable future.

Moreover, players in these countries focus on restoration of heritage and camping sites, as well as infrastructure. Additionally, improvement of lifestyle, showcasing culture & diversity, and cooperative partnerships between governments to enhance infrastructure for better living and commuting are other factors contributing to the growth of the camping and caravanning market.

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Key Takeaways from the Camping and Caravanning Market Study

  • According to the report, companies are increasingly focuses on customer loyalty programs, as the camping and caravanning is a customer-driven market, and players target a particular set of customers and retain them by meeting their requirements. Accordingly, the development of technology-driven, customer-centric services and innovative discount offers through gift cards is expected to boost the revenue of the companies in the global camping and caravanning market.
  • Nowadays, e-Gifting is gaining popularity among consumers, owing to advantages such as convenience, easy availability, and customization benefits. Thus, prominent players in the camping and caravanning market offer e-Gift cards to customers with an objective to retain them in the future.
  • The Europe region is expected to retain its dominant position in the global camping and caravanning market, due to increase in frequency and length of holidays by young population in the caravan camping parks coupled with growing trend of mobile homes without relying on hotels or motels in the region.
  • Among destination type, the privately owned campgrounds segment is anticipated to show a relatively higher CAGR in the global camping and caravanning market in the near future, as increasing number of millennial campers and rise in demand for luxury camping facilities across the globe.

“Prominent players in the global camping and caravanning market are focusing towards loyalty programs to attract customers towards camping activities. Moreover, prominent players are significantly advertising and promoting gift cards for campers through social media and other offline stores to increase customer awareness and retention rate” says an FMI analyst.

Staying connected on social media while camping remains a priority of millennials. The availability of Wi-Fi and improved cell phone service at campgrounds is increasing the active participation of millennials in camping parks, is anticipated to propel the camping and caravanning market in the foreseeable future. Additionally, the fast-paced advertising and technological landscape has become an essential part of the camping and caravanning industry, as tourists seek the best travel experience in a shorter duration is another factor drives the global camping and caravanning market over the forecast period.

Who is winning?

Some of the key players operating in the camping and caravanning market ACCOR SA, Internacional Palamos, Radisson Hotel Group, Haven Leisure Limited,  Hilton Worldwide Holdings Inc., TENTRR, HIPcamp, Vacansoliel, Selectcamp, ACSI Holding BV, and others.

Several prominent market players are significantly exploring new camping sites as more and more people are showing interest in adventure camping and glamping. Besides this, companies are also significantly improving their digital presence to meet customer expectations and introducing new customer loyalty programs by providing personalized experiences and reserving exclusive offers for members.

  • In January 2020, Hilton Worldwide Holdings Inc. introduced a new lifestyle hotel brand ‘Tempo’, to serve the growing segment of modern achievers. This new chain of hotels, with wellness and sustainability at the foundation, will provide a unique experience to younger and eco-friendly travellers. This expansion is anticipated to help the company expand its product portfolio and market footprint worldwide.
  • In 2020, ACSI Holding BV introduced new ACSI guides and apps for campers who likes to visit campsites with their own motorhome. This will enable travelers to camp at bargain prices off-season at more than 3,600 campsites in Europe. It will also provide extensive information about 8,000 ACSI-inspected campsites.

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

Contact Us:                    

Future Market Insights,
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Steroid-Free Nasal Sprays Market is anticipated to reach US$ 14.9 Billion by 2032

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

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

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

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

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

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

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

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

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Key Takeaways:

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

Competition Landscape

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

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

What Does the Report Cover?

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

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

Key Players :

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

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Steroid-Free Nasal Sprays Market by Category

By Product:

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

By Formulation:

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

By Distribution Channel:

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

About FMI:

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

Contact Us:
Future Market Insights,
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Phakic Intraocular Lenses (IOL) Market is estimated to reach US$ 819.5 Million by the end of 2032

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

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

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

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

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

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

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

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Key Takeaways:

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

Competition Landscape

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

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

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What Does the Report Cover?

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

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

About Healthcare Division at Future Market Insights

Future Market Insights facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you in devising innovation-driven trajectories for your business.

About FMI:

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

Contact Us:
Future Market Insights,
Unit No: 1602-006, Jumeirah Bay 2, Plot No: JLT-PH2-X2A,
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