Silica Sand for Glass Making Market worth US$ 7.412 billion by 2029

Expanding at a CAGR of 4.6% the global sales of silica sand for glass making is expected to increase from a valuation of US$ 5,154.8 Mn in 2021 to US$ 7,411.7 Mn by the end of 2029.

The global silica sand market for glass making is highly influenced by demand for glass from the food & beverage industry, as a majority of manufacturers pack alcoholic drinks in glass bottles or containers. The key factor behind this is the fact that, glass packaging preserves the original taste and quality of the drink inside as compared to metal or plastic.

On the back of this important factor, the global silica sand market for glass making is projected to register a CAGR of 4.6% over the forecast period of 2022-2029.

“Increasing demand for glass from several end-use industries is expected to create significant growth and expansion opportunities for silica sand suppliers/ manufacturers, as well as contribute to the overall growth of the global silica sand market for glass making.”

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Silica Sand Market for Glass Making Moving towards Consolidation

The silica sand market for glass making is significantly driven and dominated by a handful of players with extensive R&D capabilities. Tier-I manufacturers in the global silica sand market for glass making are U.S. Silica, Imerys Refactory Materials, Sibelco, Fairmount Santrols, Badger Mining, and JLD Minerals. These players are focusing on joint ventures, partnerships, and collaborations to build on their product expertise and enhance market dominance.

Key Takeaways of Silica Sand Market for Glass Making Study

  • The demand for silica sand for glass applications is anticipated to increase at a significant rate, on account of increasing per-capita consumption and purchasing power, and growing awareness of the importance of hygiene in the packaging of food products.
  • An increase in glass making activities in developing countries is anticipated to have a positive impact on the growth of the silica sand market for glass making.
  • East Asia holds a prominent share in the global silica sand market for glass making, attributable to the increasing application of glass in various end-use industries in this region.
  • Increasing consumption of glass for packaging food products and photovoltaic cells in solar energy is anticipated to propel growth of the silica sand market for glass making. Moreover, glass has extensive applications in construction, automotive, pharmaceuticals, and scientific instruments & analytical research, along with cookware & utensils.
  • Glass manufacturing companies strive to introduce new and innovative production technologies to cater to the rising global demand for glass. This is anticipated to offer substantial opportunities to players in the silica sand market for glass making.

Increasing Preference for Glass Containers to Propel Market Growth

The enhanced visual appeal of products packaged in glass containers along with the transparent nature of glass enables manufacturers to showcase the premium quality of their products. Glass is a versatile material in container manufacturing, and containers can be made from this material in a wide range of colours, shapes, and sizes.

Moreover, manufacturers in the food & beverage industry prefer the use of glass containers, and, as such, the food and beverage segment accounts for a substantial share in terms of volume as compared to other applications in the global silica sand market for glass making. This segment accounted for more than one-third share of the global silica sand market for glass making in 2020.

These factors are anticipated to have a positive impact on the growth of the global silica sand market for glass making over the coming years.

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Silica Sand for Glass Making Market by Category

By Application :

  • Flat Glass
  • Fiber Glass
  • Glass Container
    • Colored
    • Colorless
  • Special & Technical
  • Tableware Glass
  • Others

By End Use :

  • Food & Beverage Packaging
  • Industrial
  • Pharmaceutical
  • Scientific Instrument & Analytical Research
  • Construction
  • Automotive
  • Cookware & Utensils

By Purity :

  • High Purity
  • Ultra-High Purity

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

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

3. Key Market Trends 

3.1. Development Trends

3.2. Key Trend Impacting  Market Growth

4. Key Success Factors

to be continued…!

About FMI

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

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Precipitated Silica Market value to reach USD 5.9 Billion by 2029

Developing regions of the world are expected to lead demand generation by the end of forecast period. Global precipitated silica market revenues will reach US$ 5.9 Bn by 2029 supported by a staggering growth rate of over 9% between 2019 and 2029. Market players are focusing on capacity expansion and product innovation to exploit the versatility of precipitated silica (SiO2).

Precipitated silica is witnessing increased traction from various end-use industries such as automobiles, cosmetics, construction, electronics, and agriculture. Investment in infrastructure, coupled with increasing disposable income will further the demand of precipitated silica used in manufacturing paints, coatings, cosmetics, and oral care products.

Surging automotive production will lead to an increase in demand for rubber tires which employ precipitated silica to enhance product performance. Similar demand trends can be traced back to adhesive & sealant products in lieu of the pivotal role that precipitated silica plays as a thickening agent and improving bond strength.

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Key Takeaways of Precipitated Silica Market Study

  • Cosmetics lead end-use industries in terms of demand generation with a market share of more than 21%.
  • Electronic end-uses present the most lucrative growth opportunities with a growth-wise market share of more than 19% during the forecast period.
  • Rubber will lead segmentation based on application type, on the back of surging demand for green tires from the automotive industry.
  • Precipitated silica products have found immense utilization in personal care, particularly in oral care products that treat tooth sensitivity. This segment is expected to provide remunerative opportunities.
  • North America is leading with a market share of more than 29% followed by Latin America which garners a market share of 23%.
  • Japan proves to be the future frontier for precipitated silica manufacturers with an astounding growth rate of more than 13% throughout the forecast period.

Rubber Industry to Increase Market Demand

Propelling mass-adoption of precipitated silica, the rubber industry will influence growth trends during the forecast period. This is attributed to beneficial applications of precipitated silica in increasing road grip and reducing rolling friction. Promoting fuel efficiency, precipitated silica induced tires are referred to as green tires. Green tires have garnered increasing traction on the back of eco-friendly production trends in automotive industry. Consumer trends such as increase in disposable income and awareness of skin friendly cosmetics will generate demand from cosmetics end-use industry. Oral care is another lucrative opportunity that market players are capitalizing with the help of research and development in medical applications.

Who is Winning?

The global precipitated silica market is fragmented. Major players in the market are investing in capacity expansion and innovative production processes. Important market players that shape the precipitated silica market are Evonik Industries AG, PPG Industries Inc., W.R. Grace & Co., Tosoh Silica Corporation, Solvay SA, Huber Engineered Materials, and Oriental Silica Corporation.

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What does the future hold?

The future of precipitated silica is personal care. Recent development of patented precipitated silica for sensitive teeth points to this future. Soon, the market will witness a rise in personal and oral care products that employ precipitated silica for its advantageous properties. Research and development verticals in various organizations are studying the chemical properties of precipitated silica with a sharp focus on applications in personal care and cosmetics.

Market Segmentation

The global Precipitated Silica market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

By End – Use Industry

  • Automobiles
  • Cosmetics
  • Electronics
  • Agriculture
  • Others

By Application

  • Rubber
  • Personal Care
  • Fishing Boats
  • Food
  • Coating & Inks
  • Adhesives & Sealants
  • Others

Table of Content

  1. Global Precipitated Silica Market – Executive Summary

1.1. Global Market Outlook

1.2. Industry Roadmap

1.3. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope

  1. Key Market Trends
  2. Key Success Factors

4.1. Product Usage Analysis

4.2. Product USPs / Features

  1. Market Background

To be continued…!

About FMI

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

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2-EthylHexyl Acetate Market sales to reach a valuation of US$ 783.6 Mn in 2029

The global sales is anticipated to witness a considerable CAGR of 4.6% during the period of 2022 and 2029. Future Market Insights (FMI) has forecast the 2-EthylHexyl acetate market to grow with a year on year growth of 4.5% in 2022 reaching a value of about US$ 228.5 Mn by 2022 end.

2-EthylHexyl Acetate Market Size (2021A) US$ 218.6 Mn
2-EthylHexyl Acetate Sales (2022E) US$ 228.5 Mn
Projected 2-EthylHexyl Acetate Market (2029F) US$ 312.2 Mn
Value CAGR (2022-2029) 4.6%
Collective Value Share: Top 3 Countries (2022E) 42.9%

High boiling point and good solvent power of 2-ethylhexyl acetate market it a popular solvent in the formulation of paints and coatings. Through continuous exploration of its properties, 2-ethylhexyl acetate is finding application in spray coatings and dip-coating technologies. Thus, rising demand for paints & coatings, globally, is anticipated to fuel the demand for 2-ethylhexyl acetate.

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2-ethylhexyl acetate is produced from the by-products of crude oil refineries. Volatilities in crude oil prices are resulting in fluctuations in the prices of petroleum-based hydrocarbon solvents such as 2-ethylhexyl acetate, thereby adversely affecting the profit margins of manufacturers. Hike in the prices of petrochemical feedstock, thus, is expected to impede the worldwide production of 2-ethylhexyl acetate in the coming years.

Key Takeaways of 2-Ethylhexyl Acetate Market Study
  • Purity ≥ 99% is observed to be most-preferred grade type in the market, owing to increasing demand for high-quality products and tightening regulatory scenario.
  • 2-ethylhexyl acetate is used as a brightener in leather processing, and as an additive in fragrance formulation. Increasing consumption of cosmetic & personal care products is estimated to drive the demand for 2-ethylhexyl acetate as a performance chemical. However, the slow growth of the leather industry can have a negative impact on the market.
  • 2-ethylhexyl acetate is also used as a solvent in printing and screen inks. The demand for 2-ethylhexyl acetate is expected to rise, owing to increased consumption of printing inks in the packaging industry.
  • Emerging economies such as India, China, and Mexico are estimated to witness lucrative growth. The positive outlook for the automotive industry and growth of the paints & coatings industry are major factors offering growth opportunities for the 2-ethylhexyl acetate market in these countries.

“2-ethylhexyl acetate is effectively being used as an alternative to conventional solvents, which have relatively higher levels of volatile organic components (VOCs). Increasing regulations regarding VOC components will propel the demand for 2-ethylhexyl acetate in the foreseeable future.”

2-Ethylhexyl Acetate Market: Competition Analysis

The global 2-ethylhexyl acetate market is significantly consolidated, with only a few leading market participants accounting for a high market share. Adoption of integrated business models for controlling the procurement of raw material and supply chain network is one of the key strategies adopted by leading market players. Continuous product & technological innovation and development of customized solutions are few of the key trends being observed in the market. Some of the key players identified in the 2-ethylhexyl acetate market are Chemoxy International Ltd., BASF SE, Polynt SpA, and Eastman Chemical Company, among others.

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2-EthylHexyl Acetate Market Market By Category

By Purity :

  • Purity ≥ 99%
  • Purity < 99%

By Application :

  • Industrial Solvents
  • Performance Chemicals

By End Use Industry :

  • Automotive & aerospace
  • Paints & Coatings
  • Leather Industry
  • Cleaners & Paint Stripping System
  • Others

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. FMI Analysis and Recommendation

2. Market Overview

2.1. Taxonomy

2.2. Market Definition

3. Key Market Trends

4. Key Success Factors

5. Global 2-Ethylhexyl Acetate Market Demand Analysis 2014-2021 and Forecast, 2022 – 2029

to be continued…!

About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Synthetic Quartz Market worth US$149.4 Million by 2029

The global synthetic quartz market is worth US$ 93 Mn as of now and expected to reach US$ 149.4 Mn by the year 2029 at a CAGR of 6.1% between 2022 and 2029.  With electronics vertical witnessing a splurge, the synthetic quartz market is expected to grow on an unstoppable note in the forecast period.

The catalysts to this market include growing adoption of LTE and 4G networks, rising demand for smartphones with connected devices, and upswing in electronic equipment, especially in healthcare vertical.

Synthetic quartz is produced from hydrogen, oxygen, and silicon compounds like silicon tetrachloride. It does make way for several advantages including resistance to corrosion, acids, high temperatures, infiltration, bending, compression, impact, and wear.

Thus, it proves to be a good choice in electronics vertical. Also, it’s a known fact that high purity synthetic quartz does possess minimal impurities, inclusions, and linear defects. At the commercial level, hydrothermal process is adopted for producing synthetic quartz.

Apart from semiconductor vertical, those dealing with solar energy are wholesomely using synthetic quartz. The latest deployments include photo-mask substrates and optical fibers for LSI (Large Scale Integration) in the semiconductor circuits and LCD (Liquid Crystal Display) panels.

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Photo-mask substrates made out of synthetic quartz do have exceptional permeability with low thermal expansion, that too, in far UV range. Synthetic quartz is preferred by manufacturers to make frequency control oscillators as they help in smooth rides with several equipment.

Coming to optical components, synthetic quartz finds its way through wavelength lasers related to microlithography projection systems. Thus, high-energy UV laser radiation could be transmitted using synthetic quartz, so that large-scale ICs could be produced on substrates (as stated above). In solar vertical, high purity quartz is used to make single crystal ingots from the silicon metal.

Additionally, as synthetic quartz shows transparency to light in various wavelengths of the visible spectrum with visibly low co-efficient of thermal expansion, it’s used in the lithography tools to transfer fine circuit pattern into photo-mask onto wafer during manufacturing semiconductor integrated circuits. Future Market Insights has walked through these facts with insights in its latest market study entitled “Synthetic Quartz Market”.

Key Takeaways from the Synthetic Quartz Market

  • The US holds the largest market share due to higher demand for smartwatches, mobile phones, clocks, lasers, GPS, sensors, laptops, television sets, and games. The key participants in the US are also into ever-increasing capital investments, which are bound to let the synthetic quartz market in the US reach US$ 29.2 Mn by the year 2032.
  • Coming to the Asia-PacificSouth Korea and Japan are the major producers as well as exporters of electronics. Also, they have a proper production to sales ratio. These two economies are likely to boost the synthetic quartz market in the forecast period.
  • By end-use industry, automotive industry holds the largest market share. The application areas herein include car camera, watches, audio/navigation, advanced safety vehicle (ASV), engine control, controller (converter, inverter, battery), communication, and satellite radio. The growing requirement for electro-mobility is expected to hold the hopes high for synthetic quartz market in the near future.

“Call for Precisely Connected Devices is bound to help the synthetic quartz market grow exponentially”, says an analyst from Future Market Insights.

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Competitive Landscape

  • Murata entered into collaboration with Truphone, STMicroelectronics, and Sony Semiconductor for commercialising LTE-M1/NB1 IoT solutions, thereby asking for fast deployment of the new-fangled IoT products. This type 1SE comes across as an efficient device for various IoT applications, and it’s accredited in the form of “host device”, which curtails integration challenges.

Key Companies Profiled: –

  • TXC Corporation
  • Nihon Dempa Kogyo
  • Kyocera
  • Murata Manufacturing
  • Seiko Epson
  • Daishinku Corp. – KDS
  • Hubei Feilihua Quartz Glass Co., Ltd.
  • Taihan Fiberoptics
  • Heraeus Group
  • Yuzhnouralsk Plant Kristall
  • Coorstek
  • Impex HighTech

What does the Report Cover?

  • Future Market Insights offers an exclusive perspective and various real-time insights on the synthetic quartz market in its latest study, presenting historical demand assessment of 2016 – 2021 and projections for 2022 – 2029.
  • The research study is based on product type (synthetic quartz crystal and synthetic quartz glass), and by end-use (electronics & electrical, automotive, military, medical, construction, and others).

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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. Analysis and Recommendations

2. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

3. Key Trends & Success Factor

3.1. Key Trends Impacting the market

3.2. Success Factor

to be continued…!

About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Global Cell Regeneration Medicine Market is expected to grow US$ 96.5 Bn during the period between 2022 and 2032

According to Future Market Insights’ recently released Cell Regeneration Medicine Market analysis report, the global market is valued at $30.3 billion in 2021 and is expected to reach $34.3 billion by the end of 2022. The market is expected to grow significantly at a CAGR of 14.4%, with a global valuation of US$ 130.8 billion by the end of 2032. The global market is expected to offer an absolute dollar opportunity of US$ 96.5 billion during the forecasted period (2022-2032).

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The Therapeutics segment is expected to be the leading product segment in the Cell Regeneration Medicine Market, with a CAGR of 16.5% between 2022 and 2032. This is significantly higher than the historical CAGR of 14.1% due to increased clinical application of primary cell-based therapies and their increased use in various therapeutic indications.

Furthermore, the Oncology segment generates the most revenue for Cell Regeneration Medicine, accounting for more than a quarter of the total. The Oncology segment’s market revenue is expected to grow at a CAGR of 13.1% in the therapeutic category, compared to its historical average of 11.4%. The category is expected to grow due to the high cancer prevalence, increased investments in cancer research, the development of advanced cell therapies, and cancer burden reduction initiatives.

Revenue of Cell Regeneration Medicine Market from 2017 to 2021 Compared to Demand Outlook for 2022 to 2032

According to Future Market Insights, a market research and competitive intelligence provider, the Cell Regeneration Medicine Market is currently valued at US$ 30.3 Bn in 2021 and is expected to grow at a CAGR of 14.4% between 2022 and 2032. This rate of growth is significantly higher than the historical rate of 12.4%. Between 2022 and 2032, the market is expected to offer an absolute dollar opportunity of US$ 96.5 billion. The global market for Cell Regeneration Medicine is expected to be worth US$ 130.8 billion by the end of 2032.

Due to factors such as the introduction of gene therapy, advancements in stem cell and tissue engineering, ongoing R&D funding by government and commercial entities, and continuous regulatory approvals for advanced therapeutic medical products, the market valuation is expected to grow at a significant CAGR of 14.4% compared to the historical CAGR of 12.4%.

  • The Cell Regeneration Medicine Market was valued at US$ 30.3 Bn in 2021 and is expected to reach the valuation of US$ 34.3 Bn by the end of 2022.
  • During 2017-2021, the demand Cell Regeneration Medicine demand grew at a CAGR of 12.4%.
  • By the end of 2032, the global market will reach a valuation of US$ 130.8 Bn by growing at a CAGR of 14.4% between 2022 and 2032.
  • Cell Regeneration Medicine market is projected to grow by 3.8X during the period between 2022 and 2032.
  • The Therapeutics segment dominates the global market for Cell Regeneration Medicines and is expected to remain a dominant segment with a CAGR of 16.5% during the period between 2022 and 2032.
  • The Oncology segment is expected to be the largest revenue grosser throughout the analysis period which is expected to grow at a CAGR of 13.1% during the forecast period.
  • The U.S. market dominates the global market for the Cell Regeneration Medicines with nearly 40% share and is expected to increase at a CAGR of 14.2% during the forecast period.

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What Factors are restraining the Growth of Global Cell Regeneration Medicine Market?

The high cost of therapies is likely to have an impact on Cell Regeneration Medicine sales. The high cost of treatment serves as a deterrent to entering the new market. Due to socioeconomic constraints, people in emerging economies are unable to finance organ transplantation. Organ trafficking is a serious crime that is becoming more common as organs become scarce.

With rising rates of chronic diseases, hereditary diseases, an ageing population, and higher demand for organs and biomaterials, developing countries represent a potential market. These potential markets, however, are difficult to capture due to a lack of awareness of Cell Regeneration Medicine. Nucleases that have been modified to successfully change the human genome are used in the gene correction treatment. However, the use of gene correction therapy is restricted due to unintended consequences such as cell manipulation, which has impacted the efficacy of cell formation and proliferation. However, with adequate capital and financing, R&D is moving toward the cost-effective commercialization of such complex medical procedures.

Competitive Analysis

Several companies have invested in the development of cell regenerative medicine in order to meet clinical demand without resorting to more invasive procedures. The market is extremely competitive, and players are collaborating on product development.

Some of the prominent Cell Regeneration Medicine manufacturers are AstraZeneca plc, Astellas Pharma, Inc., F. Hoffmann-La Roche Ltd., Integra Lifesciences Corp., Cook Biotech, Inc., Bayer AG, Pfizer, Inc., Merck KGaA, Abbott, Vericel Corp., Novartis AG, GlaxoSmithKline (GSK), Baxter International, Inc., Takara Bio, Inc.

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Market Segments Covered in Cell Regeneration Medicine Market Analysis

By Product Type:

  • Therapeutics
    • Primary Cell-based Therapeutics
    • Stem Cell & Progenitor Cell-based Therapeutics
    • Cell-based Immunotherapies
    • Gene Therapies
  • Tools
  • Banks
  • Services

By Therapeutic Category:

  • Dermatology
  • Musculoskeletal
  • Immunology & Inflammation
  • Oncology
  • Cardiovascular
  • Ophthalmology
  • Other Therapeutic Categories

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About Future Market Insights (FMI) 

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

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Intubation Tube Market Worth US$ 2.4 Billion by 2032 | 6.8% CAGR – by FMI

Newly-released Intubation Tube Market analysis report by Future Market Insights shows that global sales of the Intubation Tube Market in 2021 were held at US$ 2.2 Bn in 2021. The estimated market growth between 2022 and 2032, at 6.8%, is expected to be higher than historical growth.

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The orotracheal route type is expected to be the highest revenue-generating segment, with a CAGR of more than 7.2% between 2022 and 2032.

The number of chronic illnesses has increased, increasing demand for the Intubation Tube Market. Concerns about ventilator-associated pneumonia have paved the way for antibacterial and anticoagulant-coated medical devices. Other important factors driving market growth include the increasing prevalence of chronic respiratory illnesses and the growing demand for mechanical ventilation.

Furthermore, advances in nanobiotechnology and medicine design, as well as an increase in surgical procedures, are expected to support the surge in product demand through 2027.

Revenue of Intubation Tube Market from 2017 To 2021 Compared To Demand Outlook For 2022 To 2032

According to Future Market Insights, a market research and competitive intelligence provider, the market value of the Intubation Tube Market increased at a CAGR of around 5.6% from 2017 to 2021.

Due to an increase in surgeries, the intubation tube market is in high demand. Because of technological advancements in endotracheal tubes, there has been a reduction in the risk of infection associated with tubes while also improving product safety.

Patients who have been on an intubation tube market for more than 48 hours are more likely to develop ventilator-associated pneumonia. As a result, many companies are developing antibacterial and anti-coagulant coatings to aid in the reduction of ventilator-associated pneumonia.

Furthermore, the Coated Endotracheal Tube Market has been growing due to the rising prevalence of ventilator-associated pneumonia, which is fueling market growth. As a result, technological advancements in the Intubation Tube Market, as well as an increase in the geriatric population, which is more vulnerable to a variety of chronic conditions, will aid market growth throughout the forecast period.

Because of increased penetration in emergency situations such as catastrophic injuries and cardiac arrests, orotracheal intubation is expected to account for a significant revenue share. Because of its superior comfort and applicability, orotracheal intubation is becoming more popular among patients. The increased demand for less painful and simple surgeries will propel the market forward even further.

What Factors Are Propelling Intubation Tube Demand?

The rising prevalence of chronic respiratory disease, the rising incidence of ventilator-associated pneumonia, the rising number of road accidents and trauma injuries, the rising prevalence of cancer, lung injuries, cardiovascular diseases, and technological advancements in the Intubation Tube Market are driving market growth.

Because of the rising number of road accidents worldwide, emergency treatment applications of the Intubation Tube Market are expected to gain significant traction. According to the World Health Organization, road traffic accidents kill more than 1.3 million people each year (WHO). The growing need to address poor ventilation and the rising number of cases of respiratory disorders will influence the industry’s growth.

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What Factors Are Hampering Growth Of Demand For Intubation Tube Market?

The growth of the Intubation Tube Market is being driven by hospitals that have acquired infections such as ventilation-associated pneumonia. ICU patients are at high risk of death due to procedure complications or a variety of other factors, one of which is critical illness caused by secondary processes such as nosocomial infection.

To put this in context, pneumonia is the second most common nosocomial infection in critically ill patients, affecting 27% of the critically ill patients. Ventilator-associated pneumonia causes nearly 86% of nosocomial pneumonia.

The mortality rate from ventilator-associated pneumonia is estimated to be between 0% and 50%. Because the populations studied are so diverse, different studies have produced varying conclusions when it comes to assessing attributable mortality.

Which Region Is Projected to Offer The Largest Opportunity For The Intubation Tube Market?

North America accounts for more than 30% of the global market for intubation tubes. It is primarily due to the advancement and evolution of healthcare facilities, the growing geriatric population, the increasing prevalence of chronic conditions, the increasing acceptance of analytical solutions, technological advancements, and the presence of key players.

Asia Pacific is expected to grow at the fastest rate during the forecast period. Intubation Tube sales in the region are expected to rise as the region’s elderly population ages.

Country-Wise Analysis

Which Country is at the Centerstage for Sales of Endotracheal Tube?

In 2021, the United States contributed more than 30% of the global Intubation Tube Market revenue. Tracheal diseases such as tracheal stenosis, bronchial tumours, and tracheobronchomalacia have increased the demand for Intubation Tube Market in the country.

According to the National Cancer Institute, the number of new lung and bronchial cancer cases in the United States in 2022 is expected to be 236 740, accounting for 12.3% of all new cancer cases. With this, the total number of deaths from this disorder will be 130,180, accounting for 21.4% of all cancer-related deaths in the country.

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Category-Wise Insights

Why Revenue through Orotracheal is projected to Witness Fastest Growth among Intubation Tube Market route types?

Revenue from the orotracheal route type is expected to grow at a faster CAGR of more than 7.2% between 2022 and 2032. In cases of respiratory or cardiovascular arrest, poor oxygenation or ventilation, and current or anticipated airway obstruction, orotracheal incubation is commonly used. As a result, orotracheal tube demand has risen over the years, and the route type is expected to expand rapidly over the forecast period.

Which Application of Intubation Tube Market is expected to Score Highest Growth in the Coming Years?

The emergency treatment application continues to generate the most revenue in the Intubation Tube Market, with an estimated 7.3% CAGR during the forecast period. The rising number of traffic accidents, as well as the increased frequency of emergency conditions such as cardiac arrest and respiratory, airway obstruction, and inadequate breathing, account for the majority of emergency treatment.

Key drivers for Intubation Tube Market growth through emergency treatment over the forecast period include an increase in the number of surgeries performed, an increase in the frequency of chronic respiratory disorders, and an ageing population.

Competitive Analysis

The growing adoption of modern healthcare technology for enhanced healthcare is a key factor influencing the competitive character of the industry. In addition, large players frequently combine mergers and acquisitions with new product releases in order to maintain intubation tube market share and broaden their product portfolio.

Some of the recent developments of Intubation Tube Manufacturers are as follows:

  • In August 2020, Bactiguard’s Intubation Tube Market have been approved by Health Canada for the prevention of COVID-19 infection. The revolutionary device helps to reduce severe infection in severely unwell patients.
  • In April 2020, Hydromer partnered with N8 Manufacturing being the exclusive licensee for the product CeraShield Intubation Tube Market, which is used to treat in intensive care units and mechanical ventilators during COVID-19 patients across Canada.

Intubation Tube Market Report Scope
Details

Forecast Period

2022-2032

Historical Data Available for

2017-2021

Market Analysis

US$ Mn for Value

Key Regions Covered

North America, Europe, Asia Pacific, Middle East & Africa, Latin America

Key Countries Covered

United States, Canada, Brazil, Mexico, Germany, U.K., France, Spain, Italy, Russia, China, Japan, South Korea, India, Australia, South Africa, Saudi Arabia, UAE and Israel.

Key Market Segments Covered

Type, Route Type, Application, Region

Key Companies Profiled

  • Teleflex Corporation
  • Medtronic
  • Medline Industries
  • Venner Medical
  • Sonoma Pharmaceutical
  • Hospiteknik Healthcare
  • Armstrong Medical
  • Airway Innovations
  • Smiths Group
  • ConvaTec, Inc.
  • DePuy Synthes
  • Stryker
  • Zimmer Biomet
  • Smith Nephew
  • Orthofix
  • Hydromer

Market Segments Covered In Intubation Tube Market Analysis

By Product Type:

  • Regular Intubation Tube Market
  • Reinforced Intubation Tube Market
  • Preformed Intubation Tube Market
  • Double lumen Intubation Tube Market

By Route Type:

  • Orotracheal Tube
  • Nasotracheal Tube

By Application:

  • Emergency Treatment
  • Therapy
  • Other Applications

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About Future Market Insights (FMI) 

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

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The market for 3D Printed Surgical Models is expected to grow at a 14.7% CAGR from 2022 to 2032, reaching US$ 1731.9 million – Future Market Insights, Inc.

The 3D Printed Surgical Models Market is expected to see a prodigious CAGR of 14.7%, and is projected to increase from US$ 347.5 million in 2021 to US$ 1731.9 million by 2032.

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The use of 3D printed surgical models in the healthcare industry for tumour excision, endovascular aneurysm repair, and the treatment of trauma injuries in orthopaedic surgery has improved the market statistics for 3D printed surgical models.

Increased government spending on healthcare aids surgeons in performing surgery precisely and successfully, increasing the number of successful treatments and promoting the growth of the 3D printed surgical models market.

Throughout the forecast period, the surge in demand for minimally invasive procedures has been the primary factor driving the market expansion for 3D printed surgical models. Increased R&D efforts will aid in the growth of the 3D printed surgical models market share.

However, the high cost of the technology is expected to limit demand for 3D printed surgical models. During the forecast period, the market’s expansion is also expected to be hampered by an increase in the use of recycled and refurbished equipment.

The United States has the most advanced healthcare infrastructure, including hospitals, clinics, and extensive use of cutting-edge medical products and services such as 3D printing.

Key Segments

  • The 3D printed surgical models market is expected to have a CAGR of 14.7% during the forecast period.
  • The 3D printed surgical models market is having a valuation of US$ 396.6 million in 2022.
  • The 3D printed surgical models market had a valuation of US$ 347.5 million in 2021.
  • The 3D printed surgical models market is segmented based on surgical models, wherein the orthopedic segment is anticipated to have a CAGR of 11.4% by 2032.
  • The 3D printed surgical models market is segmented based on technology, wherein the Color Jet Printing is anticipated to have a market share of US$ 481.4 million by 2032.
  • The 3D printed surgical models market is segmented based on material, wherein the plastic segment is anticipated to have a market share of US$ 383.3 million by 2032.
  • The Europe 3D printed surgical models market is anticipated to reach a value of US$ 473.8 million through 2032.
  • The North America 3D printed surgical models market is expected to lead with a prodigious share of US$ 507.2 million during the forecast period.

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Competition Landscape

The market for 3D printed surgical models is extremely competitive, with both domestic and international vendors competing. Consumer demand may motivate a number of business people to introduce cutting-edge products in this sector.

Some of the major key players in the 3D printed surgical models market are Stratasys Ltd., 3D Systems, Inc, Lazarus 3D, LLC, Osteo3D, Axial3D, Onkos Surgical, Formlabs, Materialize NV, 3D LifePrints U.K. Ltd., and WhiteClouds Inc.

Recent Developments:

  • In 2021, the company’s Mimics Enlight cardiovascular planning software suite will include new Left Atrial Appendage Occlusion (LAAO) procedure support technologies, expanding Materialize 3D printing capabilities in cardiology.
  • Fast Radius collaborated with Axial3D to provide a new DICOM-to-print solution for surgeons and hospitals across North America in 2020. Such strategic actions are expected to promote market expansion. The companies listed below are some of the market leaders in 3D printed surgical models.

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Market Segments Covered in 3D Printed Surgical Models Market Analysis

Key segments

By Surgical Models:

  • Cardiac Surgery/Interventional Cardiology
  • Gastroenterology Endoscopy of Esophageal
  • Neurosurgery
  • Orthopedic Surgery
  • Reconstructive Surgery
  • Surgical oncology
  • Transplant Surgery

By Technology:

  • Stereo-lithography
  • Fused Deposition Modeling

By Material:

  • Plastic
  • Metal

By End User:

  • Hospitals
  • Ambulatory Surgical Centers

By Region:

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

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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

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. 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

3.4. Investment Feasibility Matrix

3.5. PESTLE and Porter’s Analysis

3.6. Regulatory Landscape

3.6.1. By Key Regions

3.6.2. By Key Countries

3.7. Regional Parent Market Outlook

  1. Global 3D Printed Surgical Models Market Analysis 2017-2021 and Forecast, 2022-2032

4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2021

4.2. Current and Future Market Size Value (US$ Mn) Projections, 2022-2032

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

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About the Healthcare Division at Future Market Insights

The Healthcare team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analysing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.

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

Contact:

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Cataract Surgery Devices Market is predicted to advance at a CAGR of 5% from 2022 to 2032

The Cataract Surgery Devices Market was worth $7.4 billion in 2020 and is expected to grow at a 5% CAGR from 2022 to 2032. Cataract surgery involves removing the clouded natural lens of the eye and replacing it with an artificial lens that helps restore vision.

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Most cataract patients suffered from blurred vision, if not complete blindness, unless the cataract was surgically removed.

The only way to restore vision and see clearly again is to have the cataract surgically removed.

Cataract surgery is typically performed as an outpatient procedure, and most patients are discharged the same day.

Cataracts are the most common cause of vision impairment worldwide, and they are especially problematic in developing countries, where they frequently result in blindness.

According to the National Institute of Vision. Beginning around the age of 40, the risk of cataract increases with each decade of life. By the age of 75, half of all Americans have cataracts. By the age of 80, 70% of the American population has cataracts.

Cataract Surgery Devices Market: Drivers and Restraints

The global market for cataract surgery devices is being driven by an ageing population and an increase in the prevalence of ocular disorders.

The global market for cataract surgery devices is driven by the ageing population, an increase in the prevalence of ocular disorders, technological advancement in healthcare around the world, and growth in emerging economies.

However, a lack of healthcare insurance, a general lack of awareness about eye disorders, and a lack of primary healthcare infrastructure are some of the factors that act as a barrier for this market.

Cataract Surgery Devices Market: Overview 

With rapid advancements in healthcare technology, an increase in the prevalence of ocular disorders, and an ageing population.

The global market for cataract surgery devices is expected to grow at a healthy rate during the forecast period (2015-2025).

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Cataract Surgery Devices Market: Region-wise Outlook

The global cataract surgery devices market is divided into seven key regions based on geography: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and the Middle East and Africa.

Asia-Pacific has the fastest growth due to its large population, while North America and Europe have the fastest growth due to their large geriatric populations.

Cataract Surgery Devices Market: Key Players

Some of the key participating global market players in cataract surgery devices are Carl Zeiss Meditech AG, Bausch & Lomb Inc., Alcon Incorporated, NIDEK Co. Ltd., Essilor International S.A and others.

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

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. 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

3.4. Product Life Cycle Analysis

3.5. Supply Chain Analysis

3.5.1. Supply Side Participants and their Roles

3.5.1.1. Producers

3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

3.5.1.3. Wholesalers and Distributors

3.5.2. Value Added and Value Created at Node in the Supply Chain

3.5.3. List of Raw Material Suppliers

3.5.4. List of Existing and Potential Buyer’s

3.6. Investment Feasibility Matrix

3.7. Value Chain Analysis

3.7.1. Profit Margin Analysis

3.7.2. Wholesalers and Distributors

3.7.3. Retailers

3.8. PESTLE and Porter’s Analysis

3.9. Regulatory Landscape

3.9.1. By Key Regions

3.9.2. By Key Countries

3.10. Regional Parent Market Outlook

3.11. Production and Consumption Statistics

3.12. Import and Export Statistics

  1. Global Cataract Surgery Devices Market Analysis 2017-2021 and Forecast, 2022-2032

4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021

4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

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About Future Market Insights (FMI) 

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

Contact:

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Suite 401, Newark, Delaware – 19713, USA
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The Cardiac Rhythm Management Market is expected to grow at a 4% CAGR from 2022 to 2032

Around 30% of total death worldwide is caused by cardiovascular diseases, of which major part is accounted by heart diseases.

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Elevated cholesterol levels, diabetes, cigarette smoking, obesity, and hypertension are all risk factors for heart disease.

The frequency of these factors varies demographically, i.e. by geography, gender ratio, and ethnicity. Ischaemic heart disease is the most common type of heart disease, accounting for 46% of all cardiovascular deaths in men and 38% in women.

Impact of COVID-19 on the Healthcare Industry

The COVID-19 pandemic has had a significant impact on the global economy at multiple levels, including the healthcare industry.

The thriving market of health care research and development is expected to experience a sharp drop in sales during the lockdown period due to the shutdown of manufacturing units, a severe shortage of raw materials, and a lack of potential manpower.

The current situation caused by the pandemic indicates that production and supply chain activities have encountered minor setbacks.

However, the market is expected to gradually recover following COVID-19, providing attractive opportunities for sales in various regions around the world in the coming years.

During the pandemic, Future Market Insights (FMI) used a multidisciplinary approach to focus on the growth and development of the Cardiac Rhythm Management Market.

The study includes insights on current growth dynamics and major revenue reforms in the market, as well as key takeaways for the forecast.

Future Market Insights’ analysts are focusing on research and market study to produce various Cardiac Rhythm Management Market forecasts and predictions at both the national and international levels.

They considered several sources of industry information, such as market figures and merger estimates, to assess and produce reliable and informative insights on the Cardiac Rhythm Management Market.

Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are: Medtronic Plc, St. Jude Medical Inc, Boston Scientific Corporation, Abbott Laboratories, Biotronik, and Sorin Group.

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Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market.

Numerous segmentations have been provided for this market based on:

On the basis of devices, cardiac rhythm management market is broadly segmented as:

  • Cardiac Rhythm Pacemakers
  • Single Chamber Pacemakers
  • Dual Chamber Pacemakers
  • Cardiac Resynchronization Therapy
  • Cardiac Resynchronization Therapy – Pacemakers
  • Cardiac Resynchronization Therapy – Defibrillators
  • Implantable Cardioverter Defibrillators
  • Transvenous implantable cardioverter defibrillators (T-ICDs)
  • Subcutaneous implantable cardioverter defibrillators (S-ICDs)
  • Implantable Loop Recorder

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Product Segmentation

The investigation provides a comprehensive assessment of various clients’ journeys relevant to the market and its segments.

The study attempts to assess current and future development possibilities, undiscovered roads, and factors that shape their income potential in the global market by segmenting it into di such as its types, applications, and regional assessment.

By Regional Analysis Covered

  • 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)

Full in-depth analysis of the parent market

The analysts at FMI are dedicated to provide insights after extensive research and study. The study also includes estimations, projections and evaluation of the market dynamics.

Important changes in market dynamics

The report was created after extensive research by FMI analysts who considered several factors such as the monetary, ecological, social, mechanical, and political status of a specific demographic.

They examine key data to assess the revenue and output of manufacturers in various regions.

The report also includes an in-depth examination of the key changes in market dynamics that have occurred in the recent past and will occur in the near future.

Segmentation details of the market

  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets

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About Future Market Insights (FMI) 

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

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
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Orthopedic Prosthetic Devices Market is poised to attain a CAGR of 4.7% from 2022 to 2032

The Demand for Orthopedic Prosthetic Devices arises as orthopedic prosthetic devices help many from traumatic injury, congenital condition or disabling illness.

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The Orthopedic Prosthetic Devices Market Size is expected to grow at a 4.7% CAGR during the forecast period, rising from US$ 1.9 Bn in 2019 to US$ 2.8 Bn by 2027.

This device caters to individuals who have had an extremity amputation and are missing not only a limb but also a sophisticated tool for daily living, emphasising the need for it and thus increasing sales of orthopaedic prosthetic devices.

The report sheds light on the factors boosting orthopaedic prosthetic device sales. However, the orthopaedic prosthetic devices market faces some challenges that may limit the market share of orthopaedic prosthetic devices.

More than 10 million people are limbless, which bodes well for the demand for orthopaedic prosthetic devices and sales of orthopaedic prosthetic devices.

During the forecast period, sales of orthopaedic prosthetic devices are expected to increase as the number of accidents increases.

The introduction of Internet of Things (IoT) technologies for prosthetics is expected to boost the growth and market share of orthopaedic prosthetic devices.

Intellirod Spine has introduced iLink, a Bluetooth-enabled sensor module that can be attached to any brace, orthotic, or prosthetic and used in conjunction with a free smartphone app to track daily wearing compliance, upright posture time, and mobility.

Furthermore, demand for orthopaedic prosthetic devices is increasing due to advances in R&D.

For example, researchers at the Medical University of Vienna collaborated with Otto Bock Healthcare Products, the Alfred Mann Foundation, and Imperial College London to create a prosthetic arm with a few built-in electrodes that make contact with the patient’s skin, causing the prosthetic arm claw to open and close.

The increasing acceptance of upper limb orthopaedic prosthetics among healthcare professionals and patients, owing to features such as high firmness and technologically innovative properties, is likely to fuel demand for orthopaedic prosthetic devices.

Furthermore, the spiking demand for orthopedic prosthetic devices (custom-made) will continue to elicit profitable opportunities for market players to augment their orthopedic prosthetic devices market share.

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What Factors are Influencing the Orthopedic Prosthetic Devices Market?

Currently, demand for orthopaedic prosthetic devices is being driven by technological advancement, an increase in the number of disabilities, and an increase in the rate of chronic and lifestyle diseases.

The global market for orthotic prosthetic devices is being influenced positively by an increased emphasis on improving quality of life, as well as rapid innovations in manufacturing and modelling technologies.

Growing awareness of orthopaedic ailments, as well as an increase in sports injuries, accelerates demand for orthopaedic prosthetic devices, boosting sales of orthopaedic prosthetic devices.

However, the growing healthcare budget, as well as poor healthcare reimbursement and payment models, are impeding global demand for orthopaedic prosthetic devices.

The consolidation of market leaders impedes sales of orthopaedic prosthetic devices, which also acts as a major barrier to the growth of the orthopaedic prosthetic devices market.

Sales of orthopaedic prosthetic devices are expected to increase as rapid innovations in manufacturing and modelling emerge.

An increase in sports injuries fuels demand for orthopaedic prosthetic devices. As a result, sales of orthopaedic prosthetic devices are expected to skyrocket over the forecast period.

What is the Region-wise Outlook of the Orthopedic Prosthetic Devices Market?

The global orthopaedic prosthetic devices market is divided into seven key regions based on geography: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and the Middle East and Africa.

North America led the global market for orthopaedic prosthetic devices, followed by Europe and Asia Pacific.

Among the key factors driving demand for orthopaedic prosthetic devices in North America are the direct presence of key regional players, a strong distribution network, and a well-established healthcare infrastructure.

Two recent trends in the North American orthopaedic prosthetic devices market are the use of new polymer materials and the development of prosthetic devices tailored to patients’ functional needs.

These new trends are expected to significantly boost the sales of orthopaedic prosthetic devices in the region.

Manufacturers are focusing on developing lightweight yet long-lasting orthopaedic prosthetics to meet user needs, thereby increasing their orthopaedic prosthetic devices market share.

Because of their developing economies and technological advances, developing nations in Asia Pacific, the Middle East, and Africa have a huge potential for sales of orthopaedic prosthetic devices.

How Strong is the Competition in the Orthopedic Prosthetic Devices Market? 

The orthopaedic prosthetic devices market is moderately competitive, with several major players.

Fillauer LLC, Willow Wood Global LLC, Ossur, Mobius Bionics, and Blatchford Ltd, among others, dominate the orthopaedic prosthetic devices market.

Hanger Inc., Otto Bock HealthCare GmbH, Endolite Ltd., Touch Bionics Inc., Ossur hf., and Howard Orthopedics Inc. are some other key global players in the orthopaedic prosthetic devices market.

Companies are forming strategic alliances such as acquisitions and collaborations to secure a position in the global competitive market, thereby consolidating their market position by augmenting the orthopaedic prosthetic devices market share.

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Recent developments in the Orthopedic Prosthetic Devices Market are:

  • Hero Arm, a developed version of Open Bionics’ existing product, was unveiled. The metal gear solid bionic/prosthetic version was created with the goal of making prosthetics more affordable.
  • The “Avenger Radial Head Prosthesis System” was introduced in the United States market by In2Bones Global Inc. This product is used to replace the radial head’s primary and revision joints.

Key Segments

By Product:

  • Upper Extremity Prosthetics
  • Lower Extremity Prosthetics
  • Sockets
  • Other Products

By Technology:

  • Conventional
  • Electric-powered
  • Hybrid Orthopedic Prosthetics

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About Future Market Insights (FMI) 

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

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
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