Market Research Blog – Page 9793 – New Product Development

Meningococcal Vaccines Market is set to expand at a 8.6% CAGR over the forecast period, reaching US$ 3.4 Bn in 2022

[236 Pages Report] Partnerships between the private sector and public institutions have been the chief agenda of global public health initiatives.

The last few years have witnessed an increase in several private-public partnerships specifically focussing on vaccine provision in developing countries. Partnerships like the International Coordinating Group on Vaccine Provision for Epidemic Meningitis Control (ICG) help magnify the vaccine outreach to remote areas of the world with the maximum need.

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The governments of several countries across the globe initiate immunisation programmes periodically and these programmes are backed by global organisations such as UNICEF and WHO and private not for profits like the Global Alliance for Vaccines and Immunization (GAVI).

A classic example of how private-public partnerships are helping boost vaccination programmes across deep regional pockets is Brazil.

In 2010, Ezequiel Dias Foundation, Brazil formed a strategic alliance with Novartis Vaccines & Diagnostics for the sustainable supply of Menjugate MenC vaccines for Brazil’s National Immunization Program. By 2015, Brazil became self-sufficient in the production of the meningococcal C conjugated vaccine for the country’s public vaccination programmes. Such initiatives at the global level are anticipated to support global immunisation goals and at the same time boost growth of the meningococcal vaccines market.

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Key Companies Profiled:

Sanofi Pasteur Inc.
GlaxoSmithKline Plc
Wyeth Pharmaceuticals
Bio-Manguinhos
Bio-Med Pvt. Limited
Chongqing Zhifei Biological Products Co., Ltd.
Hualan Biological Engineering Inc.
Incepta Pharmaceuticals Ltd.
Pfizer INC
Serum Institute of India Pvt. Ltd
Walvax Biotechnology Co., Ltd.

Factors Leading to Worldwide Adoption of Meningococcal Vaccination Programmes

The global meningococcal vaccines market is expected to be driven by enhanced access to vaccines in low and middle-income countries, growing investments by manufacturers and governments to cope with pandemic meningitis outbreaks, and rapidly growing consumption of meningococcal vaccines bolstered by immunisation alliances and mass vaccination campaigns among others.

Partnerships and alliances between manufacturers and governmental healthcare organisations are facilitating the speedy introduction of vaccines in some of the economically challenged countries of the Middle East and Africa region. Enhanced access to vaccines in under-penetrated global markets is expected to accelerate revenue growth of the global meningococcal vaccines market.

Approval of new vaccines in the U.S and Europe in 2015 and 2017 to treat meningococcal meningitis has revolutionised the global immunisation landscape. This is further boosting the growth trajectory of the global market for meningococcal vaccines.

GlaxoSmithKline to Lead the Global Meningococcal Vaccines Market with About 50% Market Share Recorded in 2017

The global meningococcal vaccines market is highly consolidated, with GlaxoSmithKline and Sanofi together holding about 80% of the global market share in 2017. Pfizer is the third largest company in this market with just under 12% market share in 2017.

Companies are expanding their production capacities through the acquisition of established vaccines production units of other global or local companies.

Sanofi has a huge pipeline of 17 active meningococcal vaccines programmes and is targeting emerging markets; while GlaxoSmithKline has 5 active pipeline programmes for meningococcal vaccines, all of which are in the phase II clinical stage. Addition of the vaccine Bexsero has enabled GlaxoSmithKline to defend its brand against Sanofi’s aggressive portfolio in the paediatric vaccines space.

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• Comprehensive analysis on evolving purchase pattern across different geographies
• Detailed insights of market segments and sub-segments for historical as well as forecast period
• A competitive analysis of prominent players and emerging players in the keyword market
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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 6-years.

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Lab Automation Market is expected to grow at a CAGR of 9.6% through 2032, reaching US$ 4.74 Bn by 2032

Dynamics of the Global Lab Automation Market

Increasing incidences of life threatening diseases and injuries have led to increasing diagnostics procedures, worldwide. It is estimated that, the direct and indirect costs of diagnosis will increase over a period of time. The rising research and development activities in the field of molecular and genetics, biochemistry, microbiology, and immunology have also boosted the demand for accurate and cost saving facilities. To develop cost-effective and cost-efficient medical devices and lab automation services, various governments in developed countries are actively funding R&D activities. For instance, the New South Wales (NSW) government in Australia, has provided a medical devices fund of around US$ 8.0 million in 2017-2018 to help encourage and support investments in the development and commercialization of medical devices, related technologies, and services.

According to a recent market report published by Future Market Insights titled, ‘Lab Automation Market – Global Industry Analysis and Opportunity Assessment, 2017–2027’, the global lab automation market is expected to be valued at US$ 1,219.4 Mn in 2017, and is expected to register a CAGR of 9.6% from 2017 to 2027. Lab automation is increasingly being installed by various end users such as pharmaceutical companies, hospitals and diagnostic centers, educational institutions, contract research organizations (CROs), and research institutes. There has been an increase in the usage of lab automation components in hospitals and diagnostic centers, due to an increase in the demand for biochemistry devices.

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Favourable government policies for start-ups enable companies to develop cost-effective healthcare solutions in the lab automation market. Over the last few years, government authorities in Asia Pacific and Middle East and Africa are encouraging start-up companies as well as MNCs to boost industrial growth in the healthcare and medical device industries. Major players in the in-vitro diagnostics market can capitalize on the economies of scale to strengthen their position in the market.For instance, India, a developing country in the Asia Pacific region, has announced new policies for attracting MNCs as well as start-up companies across domains, including medical device manufacturing. According to the policies, start-up companies in India are exempt from tax for the first three years after establishment, and patent protection costs are subsidized. Thus, favourable government policies in developing countries are expected to drive overall the lab automation devices and services market.However, the complex integration of lab tools hinders the demand for lab automation solutions. Lab professionals are focusing on the better utilization of test tools, consolidating various resources and deploying effective lab tools across all platforms. Interconnecting various platforms across the lab is a very critical task, and needs advanced PR-PR open-source high-level robot programming language as a cross-platform laboratory automation system, which may lead to complexity and a variety of test configurations, and restrain the growth of the lab automation market over the forecast period.

Global Lab Automation Market: Key Players

Some of the key competitors in the lab automation market are Abbott Laboratories, Agilent Technologies, Perkin Elmer, Inc, Thermo Fisher Scientific, Inc, Siemens Healthcare, Danaher Corporation, Becton, Dickinson and Company, and Transcriptic, Inc.

These key players are constantly focusing on product innovation and geographical expansions to sustain their market presence and increase revenue generation by developing various types of solutions and delivering outstanding offerings to several end users.

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Key Segments:

Component Type

Devices
- Biochemistry Devices
- Molecular Devices
- Hematology Devices
- Immunology Devices
- Microbiology Devices
- Others

Software

Scheduling Software
Momentum Integration Software

Application

Life Sciences Research and Development
Drug Discovery
Diagnostics

End User

Pharmaceutical Companies
Hospitals and Diagnostic Centers
Educational Institutions
Contract Research Organizations (CROs)
Research Institutes

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Key Regions

North America
- U.S.
- Canada
Latin America
- Brazil
- Mexico
- Rest of Latin America
Western Europe
- Germany
- France
- U.K.
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
Eastern Europe
- Russia
- Poland
- Rest of Eastern Europe
APEJ
- China
- India
- Australia & New Zealand
- ASEAN
- Rest of APAC
Japan
MEA
- GCC Countries
- Turkey
- South Africa
- North Africa
- Rest of MEA

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Automotive Active Purge Pump Market witness impressive growth at 11.2% CAGR during forecast period | FMI

Automotive active purge pump sales will continue to be highly influenced by the emission-related norms and race among automakers across the globe to comply with the same.

According to the FMI report, rising cognizance of emission control and scramble for fuel efficiency among motorists are likely to spur revenue growth of automotive active purge pump market. Poor air quality on account of fossil fuel combustion remains a chief concern across urban cities, triggering demand for installation of automotive active purge pumps for effective emission control. Prominent organizations, such as WHO, state that urban air pollution remains a pressing issue and effective emission control can help in tackling the aforementioned. This, in turn, is likely to result in intensified demand for effective automotive equipment for emission control, including automotive active purge pumps, unveils the FMI study.

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“Rising governmental intervention for effective emission control and growing number of initiatives for curbing vehicular emissions are likely to create untapped potential for growth of automotive active purge pump market. Opportunities are imminent for the manufacturers in automotive active purge pumps market with the growing proliferation of hybrid vehicles” finds the FMI analysis.

Non-Metal Automotive Active Purge Pumps to Outsell Metal Variants

As per the report, automakers continue to show noticeable preferences for non-metal automotive active purge pumps over the metal variants. The high demand for non-metal automotive active purge pumps can be ascribed to cost-effectiveness and easy availability, unlike the metal automotive active purge pumps. Pervasive trend of ‘light-weighting’ in the automotive space is creating a massive shift toward non-metal components over metallic ones, which is another chief aspect boosting demand for non-metal automotive active purge pumps among end-users.

Demand for effective automotive active purge pumps via aftermarket is likely to witness sheer proliferation during the assessment timeperiod, finds the FMI analysis. The emergence of novel technologies and subsequent shifts in customer demands are stimulating the aftermarket players to undergo a ‘self-analysis’ of their foothold in the fast-changing automotive ecosystem. Rising awareness of emission-control and its importance is boosting automotive active purge pump sales in aftermarket, as the existing vehicles are being equipped with these pumps for better compliance with hydrocarbon emission regulations.

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Asia Pacific to Emerge as a Potential Market with the Regional ‘Makeover-Ready’ Automotive Industry

According to the FMI report, Europe remained lucrative market vis-à-vis automotive active purge pump sales during the assessment period. However, Asia Pacific is likely to emerge as another lucrative region, with a booming automotive industry going through significant ‘makeovers’ to be compliant-ready vis-à-vis emission control. Moreover, adoption of technologies across both of these regions and burgeoning vehicle production are some of the broad factors contributing to the regional market growth.

Manufacturers Focus on Integration of New Advancements & Algorithms to Improve Product Positioning

The leading players operating in the automotive active purge pump market space have been profiled in the automotive active purge pump market report, including Agilent Technologies and Continental AG. Moreover, potential manufacturers in the automotive active purge pump market, including Denso Corporation and Robert Bosch GmbH have also been profiled, wherein their strengths and weaknesses have been discussed in detail. Competition between manufacturers to offer ‘better than the rest’ products is likely to result into an inflow of new products with enhanced functionalities. Various advancements and algorithms being integrated with products by leading companies are likely to attract end-use interest in brand-specific products, says the FMI report.

Key Segment

On the basis of material type

metal
non-metal

On the basis of regions

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

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Automotive Active Purge Pump Market-A Deep-Dive into Segmental Analysis

On the basis of material type, automotive active purge pump market has been segmented into metal and non-metal. End-users continue to show marked preferences for non-metals over metals, with non-metal automotive active purge pumps estimated to account for a major chunk of the global market share over the forecast timeline. Promising developments in the metallurgy space (material technology) has induced a massive shift to non-metals, which also makes it the popular material type in the automotive active purge pump market.

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B-Ketone Monitoring System Market : Overview, Data Updates, Reports Analysis & Forecast | FMI

The rising prevalence of diabetes is the primary factor driving the growth of B-Ketone Monitoring System market over the forecast period. The change in the lifestyle of people is responsible for the increasing prevalence of diabetes which will ultimately upsurge the growth of B-Ketone Monitoring System market.

Moreover, increasing awareness among the people about personal health has propelled the growth of B-Ketone Monitoring System market. Also, the availability of a various user-friendly and home-based B-Ketone Monitoring

System has propelled the growth of B-Ketone Monitoring System market over the next decade. On other hand, the high cost of B-Ketone Monitoring System and more preference of patient to visit the hospital for blood ketone test may deter the growth of B-Ketone Monitoring System market.

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B-Ketone Monitoring System Market: Dynamics

The rising prevalence of diabetes is the primary factor driving the growth of B-Ketone Monitoring System market over the forecast period. The change in the lifestyle of people is responsible for the increasing prevalence of diabetes which will ultimately upsurge the growth of B-Ketone Monitoring System market.

Moreover, increasing awareness among the people about personal health has propelled the growth of B-Ketone Monitoring System market. Also, the availability of a various user friendly and home based B-Ketone Monitoring System has propelled the growth of B-Ketone Monitoring System market over the next decade.

On other hand, high cost of B-Ketone Monitoring System and more preference of patient to visit hospital for blood ketone test may deter the growth of B-Ketone Monitoring System market. Also, the chances of error is much higher in B-Ketone Monitoring System which may also decease the patient preference to use B-Ketone Monitoring System for glucose and blood ketone monitoring.

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B-Ketone Monitoring System Market: Key Players

Some of the key players found across the value chain of

Abbott Laboratories
EKF Diagnostics
Sentest Medical
Leapon Medical
Ubric Acid LLC
TaiDoc Technology Corporation
keto-mojo
Nova Biomedical
Vidan Diagnostics

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.

B-Ketone Monitoring System Market: Segmentation

The global B-Ketone Monitoring System market is classified on the basis of product type, end user, and region.

Based on product type:

Disposable
Reusable
Other

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Based on end user:

Hospital
Specialty Clinics
Diagnostic Laboratories
Homecare

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Analytical Ultracentrifuge Systems Market – Global Industry Analysis and Deeper Insights | FMI

Analytical ultracentrifugation is the rigorous as well as most accurate technology available for the determination of thermodynamic and hydrodynamic properties of proteins or another macromolecule. Analytical ultracentrifuge systems also let’s determine shape, diameter, mass, stoichiometry, purity and other differentiating properties of the macromolecules which are difficult to separate otherwise.

The research document on the Analytical Ultracentrifuge Systems market comprises of key trends that define the industry growth in terms of the regional landscape and competitive outlook. It highlights the limitations & restraints as well as the growth avenues impacting the overall market dynamics. Apart from this, the report provides significant information regarding the effect of the Coronavirus pandemic on the industry remuneration.

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The study further presents conclusive data referring to the commercialization aspects, industry size, and profit estimation of the market. The study also illustrates the competitive standing of leading manufacturers in the projection timeline whilst incorporating their diverse portfolio and regional expansion endeavors.

Key insights from COVID-19 impact analysis:
• Worldwide COVID-19 status alongside the economic overview.
• Changes in demand and supply in this industry vertical owing to the pandemic.
• Long-term and short-term impact of COVID-19 on the market development.

Analytical Ultracentrifuge Systems Market: Key Players
Some of the global key participants operating in analytical ultracentrifuge systems market are: Beckman Coulter, Inc., Spin Analytical, NuAire, Eppendorf AG, Thermo Fisher Scientific, Hanil, Helmer Scientific, Hettich Instruments, LP, HighRes Biosolutions, IKA laboratory technology, and others

Regional analysis includes:
• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia-Pacific excluding Japan (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, South Africa, Northern Africa)

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Analytical Ultracentrifuge Systems Market: Segmentation
Analytical ultracentrifuge systems market is segmented based on the application, end user, and region

By the application, analytical ultracentrifuge systems market is segmented as:
• Proteins analysis
• Nucleic acids analysis
• Carbohydrates analysis
• Polymers analysis
• Colloids analysis
• Complexes analysis

By end user, analytical ultracentrifuge systems market is segmented as:
• Biopharmaceutical companies
• Research Laboratories
• Academic Research

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The report covers exhaust analysis on:
• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Indication
• Value Chain

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Ischemic Hepatitis Treatment Market to cross US$ 8.8 Bn by 2032, Says Future Market Insights

With 1000+ market research reports and 1 billion+ data points, Future Market Insights (FMI) serves each and every requirement of the clients operating in the global healthcare, pharmaceuticals, and medical device industries. FMI deploys digital intelligence solutions to offer compelling insights to report buyers that help them in overcoming market challenges, especially at the time of a crisis. Our dedicated team of professionals performs an extensive survey for gathering accurate information associated with the market.

FMI, in its upcoming business report, elaborates the historical and current scenario of the global Ischemic Hepatitis Treatment market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.

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Crucial information and forecast statistics covered in the Ischemic Hepatitis Treatment market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

COVID-19 Impact Analysis on Ischemic Hepatitis Treatment Market

The recent outbreak of the COVID-19 has turned the spotlight on the healthcare industry, and subsequently impacted the Ischemic Hepatitis Treatment market. Severe shortages of critical medical supplies and a rapid rise in number of COVID-19 cases have resulted into a revolution rather than evolution in the healthcare ecosystems. Consequently, the impact is noticeable in the Ischemic Hepatitis Treatment market.

Following government’s measures, particularly social distancing norms and stay-at-home orders, doctors are delaying or postponing elective surgeries unless critical to prevent the spread of the virus to individuals with comorbidities or chronic conditions. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Ischemic Hepatitis Treatment market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

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Ischemic Hepatitis Treatment Market: Segmentation

Valuable information covered in the FMI’s Ischemic Hepatitis Treatment market report has been segregated into key segments and sub-segments.

By Treatment Type:

Acetylcysteine-based Ischemic Hepatitis Treatment
Antibiotics-based Ischemic Hepatitis Treatment
Ischemic Hepatitis Supportive Care
Liver Transplant-based Ischemic Hepatitis Surgery

By Application:

Ischemic Hepatitis Treatment for Infection Control
Ischemic Hepatitis Treatment for Tissue Perfusion
Ischemic Hepatitis Treatment for Mechanical Ventilation
Ischemic Hepatitis Treatment for Metabolic Monitoring

By Distribution Channel:

Ischemic Hepatitis Treatment Drug Sales via Hospital Pharmacies
Ischemic Hepatitis Treatment Drug Sales via Retail Pharmacies
Ischemic Hepatitis Treatment Drug Sales via Online Pharmacies

By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia-Pacific Excluding China & Japan
China
Japan
The Middle East & Africa

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Ischemic Hepatitis Treatment Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Ischemic Hepatitis Treatment market. Competitive information detailed in the Ischemic Hepatitis Treatment market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Ischemic Hepatitis Treatment market report.

Key players covered in the report include:

AkzoNobel N.V.
Asahi Glass Co. Ltd.
Dow Chemical Company
Gujarat Alkalies & Chemicals Ltd.
Ineos
Solvay S.A.
Shin-Etsu Chemical Co. Ltd.
Tokuyama Corporation

Important Questions Answered in the Ischemic Hepatitis Treatment Market Report

Which end user remains the top revenue contributor in different regional markets?
At what rate has the global Ischemic Hepatitis Treatment market been expanding during the forecast period?
How will the global Ischemic Hepatitis Treatment market look like by the end of the forecast period?
What innovative strategies are adopted by Ischemic Hepatitis Treatment market players to stay ahead of the pack?
What are the restraints affecting the growth of the global Ischemic Hepatitis Treatment market?

Key Offerings of the Report

Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Ischemic Hepatitis Treatment market

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Surgical Stapling Devices Market to receive overwhelming hike US$ 6.2 billion in Revenues by 2032 | FMI

According to a recent market study by Future Market Insights (FMI), the global surgical stapling devices market was estimated to be worth US$ 2.8 billion in 2021 and is projected to grow to US$ 6.2 billion by 2031.

The global demand for surgical stapling devices is propelling along with the world’s rising geriatric population. Lesser time consumed by surgical stapling devices for closing wounds, and the accuracy & precision of these devices is favouring their adoption for treating wounds of aged patients.

With deployment of advanced technologies, medical practitioners will keep adopting specialised devices that facilitate specific surgical operations in medical procedures. Rising number of invasive surgeries has necessitated the need for improved devices for wound management. And, surgical staples have effectively replaced sutures for closing wounds during such procedures.

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Future Market Insights recently published its report on the global market for surgical stapling devices, the highlights from which indicate that rising number of laparoscopic surgeries performed across the globe have triggered the use of surgical stapling devices.

In the report, titled “Surgical Stapling Devices Market: Global Industry Analysis and Opportunity Assessment, 2022-2031,” North America has been identified as the largest market for surgical stapling devices. By the end of forecast period, more than US$ 1,000 Mn revenues will be solely attributed by North America’s surgical stapling devices market.

Advanced healthcare infrastructure in Western Europe has facilitated the region’s surgical stapling devices market, which will register a value CAGR of 7.9% through 2031. Although, fastest consumption of surgical stapling devices will be witnessed in the Asia-Pacific excluding Japan (APEJ) region. The APEJ surgical stapling devices market is expected to soar at the highest CAGR of 8.6%.

Leading Manufacturers of Surgical Stapling Devices:

Medtronic plc
Grena Ltd.
Purple Surgical Holdings Limited
Dextera Surgical Inc.
Johnson & Johnson Services, Inc.
3M Company
Meril Life Sciences Pvt. Ltd.

The report reveals that hospitals will remain the largest end-users of surgical stapling devices in the world – accounting for more than 60% of global revenues. Meanwhile, the demand for surgical stapling devices will also gain traction in ambulatory surgical centres.

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Key findings in the report indicate that powered surgical stapling devices worth US$ 1,182 Mn were sold globally in 2016, while the demand for manual surgical stapling products is anticipated to incur a downtrend in the years to come.

Throughout the forecast period, six out of ten surgical stapling devices sold in the world are likely to be disposable, while revenues from reusable surgical stapling products will be growing at a sluggish rate. Preference to curved surgical stapling is also on a rise, revenues from which are expected to soar impressively at 9% CAGR.

Dermatological surgeries will undoubtedly require greater number of surgical stapling devices. The report estimates that in 2016, nearly US$ 600 million revenues were amassed from the sales of surgical stapling devices in treatment of skin-related surgical wounds. The use of advanced surgical stapling devices is also expected to gain momentum for closing dissected or ruptured blood vessels during surgeries. Wounds situated in the patient’s digestive tract are also being treated by surgical stapling, and by the end of 2026, around US$ 665 million worth of devices will be consumed for such treatments.

We have segmented the global surgical stapling devices market into six sections. They are as follows:
By Region

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
MEA

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By End User

Hospitals
Ambulatory Surgical Centres
Others

By Stapling Type

Straight
Curved
Circular

By Usage Type

Disposable Surgical Stapling Devices
Reusable Surgical Stapling Devices

By Indication

Skin
Digestive Tract
Blood Vessels
Hernia
Lungs
Others

By Product

Powered Surgical Stapling Devices
Manual Surgical Stapling Devices

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Dermal Fillers Market Global Industry Overview and Competitive Landscape till 2031 | Future Market Insights

The dermal fillers market is anticipated to grow at a 2.9% CAGR between forecast period. They are employed to rejuvenate various facial regions linked to specific functions. The market is expanding as a result of the increased demand for facelifts and face line corrections in various emerging nations.

As businesses concentrate on creating variations of products that are already on the market, the global dermal fillers industry is transitioning from a growth period to maturity.

This recent study from Future Market Insights addresses the intense pricing rivalry, company-to-company discounts, and physician practises that tend to raise margins and impede patient acceptance of the dermal filler process around the world.

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The proliferation of aesthetic surgeons and the variety of uses for dermal fillers are the primary drivers of the global dermal fillers market’s expansion.

Dermal fillers are effective in treating conditions including acne scars, enhancing the dorsal area of the hand, and HIV-induced lipoatrophy of the facial area in addition to acting as an anti-aging agent. Additionally, the FDA is considering approving the use of dermal fillers for the treatment of paralysed vocal chords.

The growth of the global market for dermal fillers is being driven by the desire for application-specific product modules.

The fast rise in plastic surgeons’ network size is another significant element driving the growth of the global market for dermal fillers.

The growth of the global market is being fueled by the rising demand for cosmetic operations as a result of this expanding network.

Dermal fillers may be used in the field of dentistry, according to the FDA.

The use of dermal filler procedures makes this particularly advantageous for dentists, who frequently encounter instances requiring facial transformation.

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Other factors that favour dermal filler procedures include shorter recovery times, low complexity risks, and less infrastructure needs.

The demand for dermal fillers is anticipated to rise during the projected period as businesses place more emphasis on the development of new products and market expansion strategies through direct presence or through affiliates.

Collaborations and partnership agreements between manufacturers are boosted by favourable government support in the form of approval for new entities and new application areas as well as the marketing of innovative solutions.

Numerous businesses are also creating dermal fillers specifically designed for particular applications and expanding their product lines, such as volumizing fillers, fillers for lip augmentation, and dermal fillers designed for the dorsal area of the hand.

The global market for dermal fillers is experiencing strong growth as a result of all these causes.

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The application of dermal fillers in dentistry is expected to make an impact on the global market over the forecast period

With a Compound Annual Growth Rate of 3.4% during the period of assessment, the dentistry application segment is projected to grow significantly in terms of revenue in the years to come.

The key reason behind this growth is an increasing usage of the dermal filler procedure in the area of dentistry.

The aesthetic restoration segment dominated the dermal fillers market in terms of revenue in 2016 and this trend is projected to continue throughout the forecast period.

Reconstructive surgery is expected to be the second most lucrative application segment, given the high rate of growth of orthopaedic procedures across the globe.

Dermal Fillers Market – Key Companies Profiled

Galderma Pharma S.A
Sinclair Pharma plc
Zimmer Biomet Holdings
Allergan plc.
Anika Therapeutics Inc.
Merz Pharma GmbH & Co. KGaA
Suneva Medical Inc.
Teoxane Laboratories Inc.
Prollenium Medical Technologies Inc.
Laboratoires Vivacy SAS
Fidia Pharma USA Inc.

Key Segments

Product:

Absorbable
Non-Absorbable

Ingredient:

Hyaluronic Acid
Poly-L-Lactic Acid
Calcium Hydroxylapatite
Polymethyl methacrylate
Collagen

Application:

Aesthetic Restoration
Dentistry
Reconstructive Surgery

Distribution Channel:

Retail Pharmacies and Drug Stores
Clinics and Hospital Pharmacies
Online Pharmacies

Region:

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

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Industrial Noise Control Market Report Perspective with Study of Leading Players 2028

Over 152 million units of industrial noise control systems were sold in 2018, totalling a market value worth US$ 4.8 billion. A new study by Future Market Insights (FMI) finds that industrial noise control market is expected to grow at 3.7% y-o-y in 2019. Key factors influencing the growth of industrial noise control market include,

Growing awareness of harmful levels of industrial noise
Increasing emphasis on the protection of workers and employees from noise pollution
Stringent environment regulation related to industrial noise control
Incorporation of integrated noise control technologies in advanced industrial machinery

The industrial noise control industry is witnessing a shift toward biodegradable materials over traditional materials. Manufacturers are incorporating green and sustainable materials in design and development of industrial noise control units to align with the ongoing sustainability trend.

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Polymer & Composites Remain Preferred Materials, Accounted for Over 4 in 10 Sales in 2018

The FMI study finds that polymer and composites are highly preferred materials for the manufacturing of industrial noise control units. Over 4 in 10 industrial noise control units sold in 2018 were made of polymer & composites.

Polymers and composite materials have higher soundproofing properties as compared to other materials such as glass, metal and fabric. In addition, new developments in composite materials provide biodegradability and recyclability, leading to higher sales.

Vibration Isolation Units Highly Sought-After

The FMI study finds that over 8 in 10 industrial noise control units sold in 2018 were equipped with vibration isolation unit. As vibrations can significantly impact the overall productivity and durability of a range of industrial machines, industrial noise control with vibration isolation units are highly sought after.

FMI thoroughly analyzed demand trends of different vibration isolation units such as isolation/machinery pads, isolation mounts, equipment bases and spring isolators. Among these, sales of isolation mounts were higher in 2018 and the demand trend will continue in the future as manufacturers consistently introduce advanced and more efficient vibration isolation mounts.

The industrial noise control market is also studied for flexible and rigid industrial noise control instruments by FMI. While both these noise control units significantly address noise pollution issues, FMI study finds that flexible noise control units accounted for the second highest sales in 2018 and demand for rigid noise barriers is expected to grow at 4% in 2019.

Industrial Noise Control Utilization in Internal Application Prominent, Accounted for 7 in 10 Sales in 2018

The FMI study estimates that demand for industrial noise control units for internal noise control application remained higher as compared to the application in external noise control. 7 in 10 industrial noise control units sold in 2018 were for internal application and the demand will continue to grow in the future.

Elevated sound levels at workplaces and other commercial or residential places can cause negative human health conditions such as hearing impairment, annoyance, sleep disturbance, hypertension and in some cases ischemic heart disease. Dissemination of knowledge regarding these harmful effects is contributing to increasing sales of industrial noise control units in the internal noise control application.

Growing awareness of environmental noise as a potential health concern, industrial measures are taken to address the impact of external noise sources. FMI shows that adoption of industrial noise control for external noise control application will grow at 3.9% y-o-y in 2019.

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Why Future Market Insights?

Comprehensive analysis on evolving purchase pattern across different geographies
Detailed insights of market segments and sub-segments for historical as well as forecast period
A competitive analysis of prominent players and emerging players in the keyword market
Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

Global Industrial Noise Control Market by Category

By Material Type:

Polymer & Composite
Glass
Metal
Fabric

By Product Type:

Flexible
- Sound Curtains
- Acoustic Foam
- Acoustic Blankets
- Sound Absorbers
Rigid
- Enclosures
- Silencers
- Ceiling Baffles
- Test Chambers
- Sound Proof Walls
- Panels
- Others
Vibration Isolation
- Isolation Pads
- Isolations Mounts
- Machinery Pads
- Equipment Bases
- Others

By Application:

Internal Noise Control
External Noise Control

By End Use:

Manufacturing
- Electrical & Electronics Equipment
- Industrial Machinery
- Automotive
- Metal
- Other Manufacturing
Construction & Mining
Healthcare

By Region:

North America
Latin America
Europe
East Asia
South Asia
Middle East & Africa
Oceania

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Teleradiology Services Market In-Depth Analysis with Booming Demand Supporting Growth and Forecast 2026

The global teleradiology services market demand is estimated to register a CAGR of 21.0% over the forecast period. The growth of this market can be attributed to the favorable government initiatives regarding the adoption of teleradiology in order to provide early disease diagnosis.

Besides, the application of modern-day technologies such as the adoption of cloud-based technologies, blockchain, and cryptocurrencies will lead to better efficiency and cost-effective solutions. Increasing Investments for the development of advanced solutions is augmenting the demand for the industry.

The report presents a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better view of the competitive landscape. It also provides details about the organic and inorganic business approaches undertaken by the key companies in the Teleradiology Services market to offer a holistic overview of the business landscape to the reader.

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It further covers all the relevant aspects of the market to help readers capitalize on the emerging growth opportunities and gain maximum returns on the investments.

Key Highlights From The Report

The Hospitals & clinics segment dominated the market with a share of 54.6% in 2019 due to the growing adoption of teleradiology services by the hospitals & Clinics. Due to the pandemic, there is a shortage of radiologists, which have led to the increasing adoption of diagnostic imaging procedures in order to maintain workflow and increase efficiency.
The software segment is expected to experience the highest CAGR over the forecast period due to the growing demand for healthcare software to increase data transparency and improve patient outcomes.
Asia Pacific is expected to register the highest CAGR over the forecast period due to the increasing initiatives of the government to modernize the healthcare infrastructure and growing investments on the R & D for the production of advanced solutions.
Key participants include Philips Healthcare, Teleradiology Solutions, USRAD Holdings, Inc., Everlight Radiology, MEDNAX, Inc., ONRAD, Inc., AGFA Healthcare, RAMSOFT, Inc., Telediagnostic Solutions PVT. LTD. and CARESTREAM HEALTH, Inc., among others.

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Market segmentation

By Process Type:

Certified Reporting Services Process
Preliminary Reporting

By Service Type:

Emergency Nighthawk
Day Time Coverage
Subspecialty Reading
- Cardiac imaging
- Neuroradiology
- Nuclear scans
- Musculoskeletal studies
Second Opinion
Clinical Trails

By Modality: