Market Research Blog – Page 9812 – New Product Development

Elastic Films Market to expand at 6% to 7% value CAGR over the forecast period 2022-2032

During the assessment period between 2022 and 2032, it is expected that demand in the global market for elastic films would increase at a strong CAGR of about 6% to 7%. The creation of new elastic films as a result of expanding technological breakthroughs and increased female awareness of personal hygiene is predicted to boost elastic film sales on a global scale. Thin sheets with good stretch capabilities are called elastic films, and they are employed in hygiene and medical items.

These films are often created utilising the blown film extrusion and cast film extrusion methods and materials including ethylene-based elastomers, styrene-block copolymers, propylene-based elastomers, and polyethylene terephthalate (PET). elastic mechanical films and frontal tapes are two examples of elastic films that can provide adhesive closure solutions.

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Global Elastic Films Market – Dynamics

The elastic films market is expected to grow significantly on the backdrop of rising awareness regarding personal health and hygiene. In September 2018, Kimberly-Clark developed a specialty co-extruded elastic films, which is now being used across its Huggies baby diaper range.

In addition, Schweitzer-Mauduit International, Inc. increased the production of polypropylene

Which are the Prominent Driver Creating Growth Prospects in the Global Elastic Films Market?

Over the past few years, a significant rise in number of baby births is being witnessed across the globe, owing to the growing advancement in reproductive technology and infertility treatments, resulting in fueling the demand for baby care products.

For instance, according to a survey published by the United Nations International Children’s Emergency Fund (UNICEF), around 67,385 babies are reported to be born every day and around 25 million children births are registered each year across India.

-based non-woven elastic films. Furthermore, elastic films are better leak proof and provide good stretching for hygiene products like diapers.

Elastic films wrapped inside a cloth would provide excellent comfort for adults and babies after wearing in for long time. Elastic films hold a number of advantages by acting as a protective layer in a variety of applications in the hygiene market. Moreover, the major factor concerning the mass utilization of elastic films is the slow degradation rate of diapers and are expected to hamper the market during the forecast period.

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Global Elastic Films Market – Regional Overview

U.S. is anticipated to dominate the North America elastic films market during the forecast period. In Asia Pacific region, India, and China are anticipated to witness significant growth for elastic films market.

This region have seen extensive growth for elastic films market owing to growing awareness for health and hygiene, consumers in the region are increasingly turning to premium diapers to counter hygiene-related issues. Moreover, the Middle East & Africa (MEA) elastic films market is projected to witness sluggish growth during the forecast period.

Market Competition

Some of the leading players in the elastic films market are

Mondi plc,
Golden Phoenix Fiberwebs, Inc.,
Neos Italia Srl,
Tredegar Corporation,
Pantex International S.p.A.,
Berry Global Group, Inc.,
Schweitzer-Mauduit International, Inc.,
Kraton Corporation,
Aplix S.A., and others.

The market for elastic films is highly competitive, owing to the increasing new product launches and adoption of strategies such as production capacity expansion, merger, and acquisition by key companies.

Key Segments Profiled in the Elastic Films Market Survey

By Material Type:

Ethylene Based Elastomersm
Styrene Block Copolymersm
Propylene Based Elastomersm
Polyethylene Terephthalate (PET) Based

By Application:

Feminine Care
Diapers
Adult
Baby

By End Use:

Hygiene
Medical

By Region:

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

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Sales of Plasma Bottle Market is expected to rise at 4% to 5% value CAGR by 2032

The demand in the global plasma bottle market is estimated to project growth at a CAGR of around 4% to 5% during the assessment period 2022-2032. Increasing emphasis on the development of novel sterile medical packaging solutions for storing body fluids is expected to facilitate the growth in the global market.

Plasma bottles are sterilized bottles used for packaging and storing non-cellular portions of blood, protein, and electrolytes commonly referred to as plasma across blood banks, defense, and medical banks. These bottles are available in a variety of sizes and are generally made up of glass or medical-grade plastics.

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What are the main obstacles preventing the global market for plasma bottles from expanding?
Global plasma bottle market expansion is anticipated to be constrained by the existence of strict rules and norms for the development and approval of sterile medical packaging solutions across areas like North America, Europe, and Asia Pacific.

The demand for plasma bottles throughout the plastics segment is also anticipated to be hampered by the introduction of tight rules surrounding the usage of plastics due to

Which are Some Prominent Drivers the Spearheading Plasma Bottle Market Growth?
With growing vehicular fleet and rising traffic congestion, there is a substantial increase in number of road accidents across the world, creating strong demand for associate treatments and supplements. For instance, according to a survey by the National Crime Records Bureau, in 2020, approximately 354,796 incidences of road accidents were reported in India.

This rising burden of road accidents is accelerating the demand for blood and blood components for the patients with high blood loss. As plasma bottles are extensively used for safe collecting, storing, packaging, and transportation of blood components, surging need for blood components is estimated to create lucrative growth opportunities in the global market.

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Market Competition
Some of the leading players in the plasma bottle market are SGD Pharma and Adelphi Group. These players are increasingly focusing on launching new products to expanding their product portfolio and adoption production capacity expansion and agreement strategies for strengthening their footprint.

Key Segments Profiled in the Plasma Bottle Market Survey
By Raw Material:
• Glass
• Type I
• Type II
• Plastics

By Shape:
• Cylindrical
• Rectangular
• Tubular

By Capacity:
• Up to 50ml
• Up to 100 ml
• Up to 250ml
• Up to 500ml
• Up to 1000ml
• Above 1000ml

By End Use:
• Pharmaceuticals
• Healthcare & Medical
• Research & Development
• Defense
• Others

By Region:
• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

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Global Paperboard Jars Market to expand at a 3% value CAGR by 2032

The global paperboard jars market is anticipated to witness a CAGR of nearly 3% during the forecast period from 2022 to 2032. The market is projected to garner a market value worth USD 265 Billion by 2032. The growth of the market can be attributed to the increasing paper bottle in food supplements, personal care products, home care products, and wines and spirits.

Paperboard jars are made from recycled paper and are lightweight jars. These jars have the ability to retain freshness and prevent aroma migration. Paperboard jars are pocket-friendly and are eco-friendly, which is a significant factor enhancing their popularity among the manufacturers.

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Paperboard jars are lighter in weight but at the same time, they are durable and sturdy. They are made with various layers coated on the inside with barrier layers for the protection of food. The paperboard cans used for food packaging are vacuum-sealed that provide moisture against and oxygen that keeps the product fresh and edible.

Despite the dominance of plastic jars and metal, paperboard jars are projected to create their position in the food and beverages and cosmetics industry. Further, the increasing awareness about the negative impact of non-biodegradable materials and the rising environmental concerns are projected to augment the demand for paperboard jars among the manufacturers. Government bodies across the globe have framed various models in their countries that aim to replace the toxic application of plastic with paper bottles.

Paperboard jars are the most suitable choice for shop displays when it comes to the distinctiveness of the product. The paperboard jars enhance the aesthetics and provide high-quality embossing and the application of varnishes. The established players of the market are increasing efforts to develop growth curve for their business, thereby, benefitting the industry.

Market Competition
The notable players of the global paperboard jars market comprise

Paper Tube Co.,
Chicago Paper Tube & Can Company,
Sonoco Products Company,
Nagel Paper,
Irwin Packaging Pty,
Ace Paper Tube and
WestRock Company, among others.

What are the factors Enhancing the Paperboard Jars Demand?
rowing awareness about the declining environment and the rising awareness regarding the toxic characteristics of plastics is anticipated to play a significant role in boosting the paperboard jars demand during the forecast period. The need for sustainability has been identified as the major cause bolstering the paperboard jars sales. The developed and developing regions are expected to contain lucrative demand for the product owing to the high disposable income.

The manufacturers of the industry are making efforts to pull the market graph up through collaborations and partnerships. Established players such as; Coca-Cola, Carlsberg, PepsiCo, and other players have collaborated with the manufacturers of the paper bottle to obtain innovative solutions as to how to cut down on the usage of plastic.

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Moreover, these players are making significant investments in R&D to offer more efficient materials that are ideal for their products. Therefore, the increasing collaborations and partnerships are expected to assist in the market growth in the forecast period.

What Challenges likely to Restrain Paperboard Jars Industry Progress?
Questions about adequate availability of economical plastic bottles is expected to be the key factor hampering the market growth during the forecast period. Further, procurement of raw materials for the production of plastic bottles is comparatively easier, which is another important factor slowing down the expansion of the market.
Another salient factor hampering the market growth is that plastic bottles are preferred over paperboard jars owing to the fact that they have a greater lifespan than paperboard jars. The shelf life of a paper bottle is about 12 months, the durability tends to reduce after that. Therefore, the lesser durability offered by paperboard jars as compared to the plastics is yet another reason hindering the market rise in the forecast period.

Which Region is anticipated to hold the Largest Opportunity for Sales of Paperboard Jars?
According to the analysis, North America is anticipated to hold the maximum opportunity for the sales of paperboard jars during the forecast period, growing at a CAGR of 4%. The growth of the market can be attributed to the increasing adoption of packaging of dry snacks & confectioneries.
Further, the increasing paperboard jars demand in cosmetic manufacturers is another important cause augmenting the paperboard jars industry. In addition, the stringent rules imposed by the government of various developed nations of the region are likely to offer notable opportunities for expansion to the paperboard jars market.

The US is projected to be the most lucrative market in North America. The contribution of the country can be attributed to the presence of maximum players. Further, the ease of procuring raw material is another important cause bolstering the industry in the region.

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Sales of Horizontal Flow Wrapping Machines Market is expected to rise at robust 4% to 5% CAGR value CAGR by 2032

The demand for horizontal flow wrapping machines is anticipated to increase over the assessment period of 2022–2032 at a CAGR of 4%–5%. Horizontal flow wrapping machines are packaging tools designed to wrap the products in printed or clear films, providing robust sealing to flexible packaging. Rapid expansion of the pharmaceutical and electronic sectors and growing application of these industries’ use of these machines is predicted to benefit sales in the global market. These devices include wrapping capabilities for laminated materials that are fed either automatically or manually into the feed conveyor, providing the product packaging with both a top/bottom vertical seal and a horizontal back seal.

Horizontal flow wrapping is a packaging machine used mostly for wrapping irregular shaped products. Various products such as consumer goods, food items, etc. are packed in a horizontal flow wrapper, wherein a wrapping laminated material is fed manually or automatically in a feed conveyor and creates a tubular shaped packaging around the product. The food products are to be packed in order to maintain the quality and portability and also to avoid man-made pollution.

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Horizontal flow wrapping is widely used for packaging identical items at a high speed with user-friendly operation. When space is a prime concern for packaging enterprises, the compact design of horizontal flow wrappers aids in packing items at ease. The horizontal flow wrapping machines are also available with a micro- computer to provide high-speed packaging and touch screen interface where industries require frequent change of product packing.

Why is the Demand for Horizontal Flow Wrapping Machines Rising at Swift Pace in North America Market?

As per Future Market Insights, North America is forecast to exhibit growth at a rapid CAGR in the horizontal flow wrapping machines market between 2022 and 2032.

The food industry across North America has witnessed strong growth in the past couple of years on account of increasing consumer inclination towards convenient, processed, and packaged food products.

This continuous growth in the food industry is creating strong demands for fast paced, easy, and convenient packaging equipments such as horizontal flow wrapping machines for products such as cookies, chocolate bars, and others, thereby, bolstering the sales in the North America market.

Market Competition

Some of the leading players in the global horizontal flow wrapping machines market are

Imanpack Packaging and Eco Solutions S.p.A.,
Barry-Wehmiller Companies,
Keed Automatic Package Machinery Co., Ltd.,
Harikrushna Machinetech Pvt Ltd.,
Robert Bosch Packaging Technology GmbH,
Fuji Packaging GmbH, Paxiom Group,
Foshan Coretamp Packaging Machinery Co., Ltd., and others

Attributed to the increasing advanced product launches and presence of such high number of participants, the horizontal flow wrapping machines market is highly competitive.

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Key Segments Profiled in the Horizontal Flow Wrapping Machines Market Survey

By Automation Type:

Automatic
Semi-automatic

By Operating Speed:

Up to 30 packs/min
31 to 50 packs/min
51 to 70 packs/min
71 to 90 packs/min
Above 90 packs/min

By End Use:

Food
Meat, Poultry & Seafood
Bakery & Confectionery
Animal Feed/ Pet Food
Seeds & Grains
Spices & Condiments
Coffee Beans
Dairy Products
Pharmaceutical
Personal Care & Cosmetics
Automotive
Electrical & Electronics
Chemical
Homecare
Others

By Region:

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

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

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Buttress Closures Market registering 7% CAGR during the forecast period 2022-2032

Sales of buttress closures are estimated to reach a sizeable market value in 2022 and to increase significantly by 2032. During the forecast period of 2022 to 2032, a 7% growth rate is anticipated. The main driver of the market in the near future is anticipated to be the rising need for efficient packaging solutions in the food and beverage sectors.

The compartment of a tube, container, or other packed item is sealed by buttress closures. These closures are often made of metal and plastic. Buttress closures minimise spillage, offer defence against external contaminates, and guarantee item quality across the whole inventory network.

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What are the Factors Spearheading the Global Buttress Closures Demand?

The food & beverage sector has experienced significant growth over the past few years. This expansion of the sector has resulted in a notable surge in the demand for effective packaging solutions that can offer longer shelf life to edibles. That is why buttress closures sales are predicted to surge notably. Buttress closures have been concluded as one of the most adequate options to offer an accomplished packaging style.

With the advent of preeminent alcohol brands, beverage consumption has surged manifold over the past few decades. Besides, there have been innovative steps taken by the major players of the market, driving the industry to a higher position. Besides the food and beverage sector, pharmaceuticals and cosmetics & personal care sectors have been identified as a lucrative domain, offering various avenues of market expansion in the assessment period.

What part does Europe play in increasing demand for buttress closures?
The observations indicate that the market in Europe will likely be robust and will grow at a noteworthy CAGR of 6.3% over the course of the forecast period. The thriving food and beverage sector, which has led to a surge in the need for buttress closures, can be blamed for the regional market’s growth. Additionally, it is projected that the industry will be significantly boosted by the presence of established businesses in the area. For instance, Holding GmBh is probably going to play a big role in boosting sales of buttress closures.

The world’s top exporter of food and beverage goods is the EU.

Market Competition

The eminent players of the global buttress closures market include

BERICAP,
Holding GmbH,
O.Berk,
Tri-Sure,
Mold-Rite Plastics, among others.

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Key Segments Profiled in the Global Buttress Closures Market

Material Type:

Plastic Buttress Closures
- Polyethylene (PE)
  - LDPE/LLDPE
  - HDPE
- Polypropylene (PP)
- Polyethylene Terephthalate (PET)
- Others (PS, etc.)
Metal Buttress Closures

End Use:

Buttress Closures for Beverages
Non-Carbonated Drinks

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Impact of Covid-19

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Liquid Filling Machines Market is projected to reach a valuation of US$ 3.2 Bn in 2022

By 2022, the market for liquid filling machines is anticipated to reach US$ 3.2 billion, growing at a CAGR of 5% from 2022 to 2032. Sales of liquid filling machines are anticipated to increase from US$ 2.9 billion in 2021 to US$ 5.6 billion by the end of 2032, driven by:

Due to their compact size, high-speed filling capabilities, and inclusion of a filling nozzle, which aids in preventing foam formation and reducing liquid product waste, liquid filling machine sales are rapidly increasing across a wide range of industries.
The global trend toward industrialization and process automation is still gaining ground. Leading companies in the food, beverage, and pharmaceutical industries are introducing automated technology in response to this trend.

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Development of Liquid Filling Machines Market in the Asia Pacific

Rapidly expanding population and rising income levels are expected to enhance demand for packaged products in the food and beverage industry, contributing to the rise of liquid filling machines.

Furthermore, the Indian government has played an important role in the expansion and development of the food processing industry, which accounts for 32% of the country’s overall food market. The Ministry of Food Processing Industries (MoFPI) is working hard to stimulate corporate investment, and it has authorised requests for joint ventures (JV), overseas partnerships, industrial licences, and 100% export-oriented units.

According to L’Oréal, the region is also witnessing increasing demand for skin care, particularly premium items. It is encouraged by expanding consumer disposable income, the internet purchasing trend, and an increasing customer base of people interested in personal cleanliness and physical beauty.

Market Competition

Some of the leading players in the liquid filling machines market are

Filling Equipment Co., Inc.,
APACKS,
Accutek Packaging Equipment Companies, Inc.,
OPTIMA packaging group GmbH,
CDA USA,
Ronchi Mario S.p.A.,
Karmelle Liquid Filling & Capping Solutions Limited,
Neostarpack Co., Ltd.,
Metalnova S.p.a.,
Inline Filling Systems, and others.

Prominent players in the global liquid filling machines market are focusing at launching equipment with innovative features and merger & acquisition to increasing their share in the highly competitive market.

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What are the Key Constraints Faced by the Liquid Filling Machines Market?

Despite several benefits associated with the adoption of liquid filling machines, extravagant initial cost, high cost of maintenance, and high consumption of electricity of these industrial equipments are some of the factors hindering the sales in the global market.

Why is Europe Accounting for Maximum Liquid Filling Machines Sales in the Global Market?

As per FMI, Europe is forecast to emerge as the exhibit the fastest growth in the liquid filling machines market between 2022 and 2032.

Due to the rising burden of numerous diseases, surging demand for pharmaceutical products, and growing emphasis on increasing the production of medical treatment solutions, leading players in the market are aiming at introducing novel application-specific automated equipments.

For instance, in 2022, Macofar, a German supplier of technologically advanced machineries announced unveiling its new liquid filling machine, Oftalmica, designed for aseptic filling of pharmaceutical products such as nasal sprays, sterile eye drops, and injectables. Such new product launches are projected to augment the growth in the Europe market.

Key Segments Profiled in the Liquid Filling Machines Market Survey

By Automation Type:

Automatic
Semi-automatic

By Dosing Range:

Up to 200 ml
201 to 500 ml
501 to 750 ml
751 to 1000 ml
Above 1000 ml

By Filling Capacity:

Up to 10 containers/min
11 to 20 containers/min
21 to 30 containers/min
31 to 40 containers/min
More than 40 containers/min

By End Use:

Food & Beverage
Healthcare & Pharmaceuticals
Cosmetics & Personal Care
Homecare
Chemicals
Automotive
Others

By Region:

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

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

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Pallet Wraps Market stands at a net worth of US$ 5.9 Bn in 2022

The global pallet wraps market stands at a net worth of US$ 5.9 Bn in 2022, and is projected to rise at a CAGR of 3.8% to end up with an estimated valuation of US$ 7.8 Bn by 2029. Sales of pallet wraps contributed 2% to the global films market revenue in 2021. Amidst changing packaging trends, demand for reusable pallet wraps is expected to see a major rise over the coming years.

Pallet shrink wraps as well as black pallet wraps have also seen a notable increase in demand over the years and are expected to follow the same trend through 2029.

Pallet wraps are used to wrap goods before they are placed on a pallet. These wraps are specific wrapping machines used in the handling and picking of pallet loads varying in weight and height. Packaging products are tightly wrapped in order to keep goods in one position for the duration of shipment. The growing popularity of these wraps is expected to increase sales growth of the global pallet wraps market in the coming years. The increasing focus on lightweight packaging solutions is projected to boost the sales growth of the global Pallet Wraps market during the forecast period set between 2021 and 2031.

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Market Players Driving Sustainability through Eco-Friendly Products

Leading manufacturers of pallet wraps are establishing new production facilities and distribution units across lucrative economies such as South Asia with the objective of increasing their sales revenues and tapping into new customer bases. Market players are rethinking their production processes to align with the sustainability trend, lessen production costs, and enhance brand value.

Use of bio-based plastics continues to be in the spotlight as a prominent manufacturing trend, which will help market players drive their products’ marketability with eco-friendly claims.

In June 2021, Mondi in collaboration with Italian machine producer ACMI created a new wrapping system for pallets. The new wrapping system uses paper instead of plastic and is called Advantage StretchWrap. The new eco-friendly pallet wrap is part of the new sustainable packaging trend that is transforming the packaging industry.

Competitive Landscape

Pallet wrap suppliers are focusing on research and development of sustainable and eco-friendly pallet wraps that are climate-friendly. Pallet wrap companies are also adopting various organic and inorganic growth strategies to boost pallet wrap sales on a global level.

In January 2022, Cortec a leading environment-friendly solutions provider announced the launch of the world’s first biodegradable stretch film. The Eco Wrap stretch film received ‘OK compost INDUSTRIAL’ from TUV Austria in November.

Intertape Polymer Group Inc.
Berry Global Inc.
Scientex Berhad
Aep Industries Inc.
Sigma Stretch Film Corp.
Coveris
Rosenflex (U.K.) Limited
Polifilm GmbH
Anchor Packaging Inc.
Paragon Films Inc.

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Key Segments of Pallet Wraps Industry Survey

Pallet Wraps Market by Thickness:

<15 mm Pallet Wraps
15-30 mm Pallet Wraps
31-45 mm Pallet Wraps
>45 mm Pallet Wraps

Pallet Wraps Market by Product:

Hand Wrap Rolls
Machine Rolls

Pallet Wraps Market by Film:

Blown Film Pallet Wraps
Cast Film Pallet Wraps

Pallet Wraps Market by Material:

Polyethylene Pallet Wraps
- LLDPE
- LDPE
- HDPE
Polyethylene Pallet Wraps
Polypropylene Pallet Wraps
Polyethylene Terephthalate Pallet Wraps
Polyamide Pallet Wraps
PVdC Pallet Wraps

Pallet Wraps Market by End Use:

Pallet Wraps for Food & Beverages
Pallet Wraps for Pharmaceuticals
Pallet Wraps for Chemicals & Fertilizers
Pallet Wraps for Personal Care & Cosmetics
Pallet Wraps for Consumer Goods
Pallet Wraps for Automotive
Pallet Wraps for Electrical & Electronics

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Pathology Imaging Systems Market Assessment and Key Insights Analyzed Till 2027 | FMI

During the forecast period, the pathology imaging systems market is expected to grow at a CAGR of 10.36%, reaching a pathology imaging systems market share of US$ 2603.74 Million in 2032, up from US$ 971.59 Million in 2022.

Pathology Imaging Systems Market: Drivers & Restraints

Rising cancer incidences, increasing demand of improved diagnostic techniques, increasing spending on healthcare, government funding, rising R&D efforts are some of the factors driving the overall market of pathology imaging systems. Popularity of pathology imaging systems in hospitals, diagnostic centers and research organizations are surging the market. Rise in the tele-pathology trend also fuels the market growth. High capital investment and maintenance cost curbs the growth. Less number of highly skilled operators, stringent regulatory compliance, sampling error also limits its expansion.

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Pathology imaging system uses the latest technology of scanners and software for digitizing the slides for pathological examinations. It has replaced the traditional pathology workflow of slides and microscope. By digitizing slides, pathologists are able to examine high resolution digital images of the pathology workflow with the help of precision tools. Using these system, images can be stored in a computer, send to another person and thus improve the pathology workflow. This technology helps in more precise diagnosis by facilitating accurate and timely diagnosis, patient-centric information, eliminate time consuming analog tasks and enhancing the overall lab performance.

These systems helped the patients to receive better care and transforming healthcare organizations. With the growing cases of chronic diseases like cancer, it has become important to visualize each and every molecular aspect. Pathology imaging systems have finds its use in all the phases of drug discovery, education, clinical and research and thus has made the anatomic pathology workflow more efficient and effective.These pathology imaging systems are instinctive solution that benefits various pathologists, healthcare professionals and entire healthcare enterprise. Shift from glass to the digital system opens the way for next generation tools such as advanced image analysis & algorithms. It also helps in new data integration like genomic and molecular testing thus leading to precise and personalized treatment plans.Pathology Imaging Systems Market: Overview

A large number of key players in the market and established brands increasing the competition. New technologies in this sector are cutting edge for the market. Strategic mergers and partnerships between companies and academic institutions are also booming the growth. Significant technology gains led to the adoption of innovative imaging systems technology in pathology. Rising demand by various end users because of increasing adoption of this technology increases its market. Diagnosis applications is accounted to be the largest segment in terms of revenue generating.

Pathology Imaging Systems Market: Region-wise Outlook

With high technological advancements, and research activities in the molecular diagnostics, North America dominates the world market followed by Western European nations. Quality diagnostics, favourable reimbursement scenario, government funding, established players in the market, availability of trained technicians in these regions creates the established market for pathology imaging systems. . Japan is expected to be the next lucrative market for digital pathology companies. With respect to growth rate, Asia Pacific is leading because of growing economies, increasing molecular research activities, increasing patient pool and improving healthcare opportunities.

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Pathology Imaging Systems Market: Key Players

Some of the key players for Pathology Imaging Systems Market include GE Healthcare, Leica Biosystems, Perkin Elmer, Siemens, Olympus Corporation, Philips Healthcare, Sakura Finetek, DigiPath, Carl Zeiss Meditec AG, Hamamatsu Photonics, 3D-Histech Ltd and others.

The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Current Trends/Issues/Challenges
Competition & Companies involved
Value Chain

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)

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.

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Pathology Imaging Systems Market: Segmentation

Segmentation by Product Type

Imaging Systems
Accessories and software
Services

Segmentation by Application

Clinical Diagnosis
Academic Research

Segmentation by End Users

Hospitals
Diagnostic Laboratories
Research Organizations

Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.

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 9-years.

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DNA Synthesis Market is projected to be valued at US$ 261.9 Million in 2022

[307 Pages Report] The DNA synthesis market is expected to be worth US$ 261.9 million in 2022, rising at a 7.7% CAGR to US$ 592.1 million between 2022 and 2032. The increasing R&D associated with gene synthesis is attributed to growth.

DNA synthesis is the natural creation of nucleic acid strands through the process of DNA replication. Artificially, they are synthesized using genetic engineering and enzyme chemistry in the laboratory to be used for various applications such as therapeutic, diagnostics as well as academic and industrial research. DNA synthesis services provided by different companies varies greatly by the cost of per base pair, error rates, lengths, throughput, etc.

DNA synthesis market further includes the oligonucleotide synthesis and gene synthesis which has various end users such as agricultural science, food science, antibody discovery, immunology, cancer research, infectious disease, synthetic biology. Market for the therapeutic applications is mostly distributed only among the biopharmaceutical industries which is driven by their continuous research in the respective domain.

The market for DNA synthesis got the surge form Human Genome Project leading to several advancements in the technological processes for production and reduces the time of production which made possible the synthesis of high throughput custom nucleotides. Nowadays, it is possible to do the customizations and get the required sequence online and at required time. The commercial availability of DNA synthesis machines has also a great impact in the synthesis services market.

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DNA Synthesis Market: Drivers & Restraints

Growing number of research & developments in the field of genomics and next generation sequencing supports the market growth of DNA synthesis services over the globe. The growing numbers of mergers and collaborations by the market players also strengthening the market growth. Along with this, the developments in the synthetic biology segment promotes the market progression of DNA synthesis services.

A robust growth in the oligonucleotide therapeutic segment as antisense oligoes, siRNAs, miRNA inhibitors and mimics also supports the market growth of DNA synthesis for the commercial end. However, cuts in the federal funding for the research purpose, stringent regulatory requirements in the therapeutic applications for DNA also limits the market to expand across the globe.

DNA Synthesis Market: Overview

Companies involved in the DNA synthesis services market are involved in continuous updating of their manufacturing technologies for high throughput synthesis with cost control. Recently, Twist biosciences also gathered $82 million investment from Illumina for developing a new technology platform for synthesizing DNA on silicon. These market players are also focusing on their brand improvement and market penetration by focusing on their sales force, geographical expansion as well as expansion of manufacturing facilities.

Moreover, synthetic DNA costs are anticipated to decrease owing to the introduction of advanced technology. Intensifying competition in the synthetic biology services also leads to price reduction per base pair. However, the multi-billion dollar PCR industry constantly supports the market growth of DNA synthesis services. With the increasing outsourcing services for the life science research activities, the market has huge potential of growth opportunities. The availability of research funds also had a great impact in the DNA synthesis market size and growth rate in different regions over the globe.

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DNA Synthesis Market: Region-wise Outlook

Geographically, North America leads the market for DNA synthesis services owing to the high requirement in the academic research as well as biopharmaceutical industries for research and therapeutic production. This is followed by the Western Europe region supported by the high availability of research fundings in universities and commercial availability of therapeutic drugs made of DNA active pharmaceutical ingredients.

Eastern Europe region shares a low market share and slow growth rate comparatively to other regions over the forecast period. Asia Pacific region represents the significant growth rate in the DNA synthesis market with highest market growth in research applications. Recent trends shows China to be leading the market in the region in terms of market size as well as growth rate. Latin America and Middle East & Africa has been observed the least market share over the forecast period.

DNA Synthesis Market Treatment Market: Key Players

Some of the players in the DNA Synthesis market includes Bioneer Corporation, IBA GmbH, Eurofins Scientific, Integrated DNA Technologies, Inc., LGC Biosearch Technologies, Eton Bioscience, Inc., GenScript Biotech Corporation, Eurogentec, Thermo Fisher Scientific, Inc., Quintara Biosciences and others.

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

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The report covers exhaust analysis on:

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

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 (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

DNA Synthesis Market: Segmentation

Segmentation by Service Type:

Oligonucleotide Synthesis
Universal Oligonucleotide Synthesis
Custom Oligonucleotide Synthesis
Gene Synthesis
Custom Gene Synthesis
Gene Library Synthesis

Segmentation by Application:

Research and Development
Academic
Industrial
Diagnosis
Therapeutics

Segmentation by End User

Biopharmaceutical Companies
Academic and Research Institutes
Contract Research Organizations

Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance

About FMI:

3D Imaging Surgical Solution Market Outlook, Current and Future Industry Landscape Analysis 2027

3D imaging is used to create virtual representation of the interior of the body for medical intervention and clinical analysis of complex disease in a short period during surgery. 3D imaging surgical solution is adopted by the hospitals and organizations due to better visualization and improved image.3D imaging surgical solution is widely used in the healthcare sector, especially for patient care, diagnosis and during surgery which has encouraged the vendors to provide better and specific solution.

3D imaging solution provides deep perception and precise view which cannot be achieved by the traditional 2D imaging system. 3D imaging solution provide improved speed which shorten the learning curves and less radiation exposure. 3D imaging surgical solution provide a way to see the image in more than one plane. 3D imaging provides a 360 degree view of any image which creates illusion depth for the viewer. 3D image sensor and technologies offer high resolution images.

3D imaging surgical solution use techniques such as 3D scanning, rendering and modeling. Different software is used in the 3D imaging surgical solution such as blender and AUTOCAD. 3D imaging surgical solution provides patient satisfaction and minimizes the revision with the technology. 3D imaging surgical solution provides better understanding of the anatomy of the human organ by the surgeons before the surgery procedure.

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3D Imaging Surgical Solution Market: Drivers and Restraints

3D imaging surgical solutions will continue to expand in the year to come due increase in the rate of adoption. Growing use of the smartphone, television, cameras etc. will drive the 3D imaging surgical solution market. High degree of availability and efficiency is expected to boost the demand of the 3D imaging surgical solution market. However, high cost of 3D imaging software and solution will hinder the growth of the 3D imaging surgical solution market.

3d Imaging Surgical Solution Market: Overview

On the basis of technology, global 3D imaging surgical solution is segmented into holography, volumetric display, anaglyph, stereoscopy and auto-stereoscopy. The newly launched 3D imaging surgical solutions from top manufacturers such as Olympus and GE Healthcare offer and deliver simple & fast access to real time, multi plane 3D imaging solutions with respect to the need in the operating procedures. Offers improved safety for the surgeon and staff, the improved visualization allows surgeons to complete complex and minimally invasive procedures with ease.

Technology expansion in the developing economies can be seen in the recent years with top class applications, further spur revenue growth in the developing countries internationally. The 3D imaging surgical solutions has gained a precious place in various surgical platforms to evaluate and deliver accurate results. Other external factors include: product launch, rise in the expansion of minimally invasive surgeries, supply chain and mergers & acquisitions by top players in the 3D imaging surgical solutions market.

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3D Imaging Surgical Solution Market: Regional Outlook

Geographically, 3D imaging surgical solution market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America is expected to grow due to high demand for 3D imaging surgical solutions and increasing usage of 3D imaging in machine vision. Technology development such as 3D CT scan MRI will encourage the adoption of 3D imaging technology.

Investment of the leading players in the North America will significantly rise the 3D imaging surgical solution market. Western Europe is expected to growth due to the increase in the chronic disorders and adoption of new technology and timely treatment given to the patient by the surgeons. Emerging economics such as India and China provide a huge potential for market growth for the innovation of new technology in the region due to massive and increasing population in these countries.

3D Imaging Surgical Solution Market: Key Players

Some of the key players present in the 3D imaging surgical solution market are Agilent Technologies, GE Healthcare, Philips Healthcare, Panasonic, Agilent Technologies, Lockheed Martin, Able Software, 3D Systems, Inc., Olympus Medical Systems.

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3D Imaging Surgical Solution Market: Segmentation

Tentatively, global 3D imaging surgical solution market has been segmented on the basis of technology type, imaging solutions, end user, and geography.

Based on technology type, 3D imaging surgical solution market is segmented as below:

Holography
Volumetric display
Anaglyphy
Stereoscopy
Auto-stereoscopy

Based on imaging solution, 3D imaging surgical solution market is segmented as below:

Layout and animation
3D rendering
Image reconstruction
3D Modelling
3D scanning

Based on end user, 3D imaging surgical solution market is segmented as below:

Hospitals
Ambulatory Surgical Centers
Specialty Clinics

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