Medicated Feed Additives Market 2022 Development Status, Competition Analysis, Type and Application 2027

Medicated feed additives are suitable for cow-calf and stocker grazing, as well as other types of animals that can meet human demand for food, milk, and other agricultural operations. The primary purpose of medicated feed additives is to promote better growth and feed efficiency while maintaining animal health.

Feed additives are additives to animal feed that are intended to improve feed quality and other nutritional aspects for improved animal health and performance. Animals’ productivity, efficiency, and health can all benefit from additives.

However, medicated feeds should be manufactured under proper conditions with a valid prescription and should be withdrawn if abnormal growth symptoms appear. Some feed additives may also influence the occurrence of bloat.

Other feed additives reduce liver abscesses and suppress estrus. There are various types of medicated feed additives available, each with a different effect on the body. Rumen fermentation modifiers, for example, include ionophores, buffers, yeast cultures, and bloat prevention aid.

They also contain a variety of chemicals and naturally extracted ingredients that are used as medicated feed, such as sodium bicarbonate and saccharomyces cerevisiae.

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Medicated Feed Additives Market: Drivers & RestraintsAnimals require appropriate method of providing the desired medicines for their better growth so that they can provide human with the best quality of food, milk and other secondary products. The facility and provision of providing medicines in feed is an effective and compliant method.

This in turn is expected to underpin the growth for medicated feed additive market in the near future. Also, fear of food-borne and zoonotic diseases such as various types of avian flus is expected to fuel demand for medicated feed additives over the forecast period.

For example, the European Food Safety Authority (EFSA) estimates that 320,000 cases of food-borne and zoonotic diseases occur each year in EU countries. However, reduction in usage of antibiotics globally, primarily due to government bans, contributes largely towards declining revenue growth of the medicated feed additives.

Also, increase in competition due to lower entry barriers creates product safety concerns due to large amount of local supply of additives without adequate product testing are some of the other reasons that can affect the medicated feed additive market negatively over the forecast period.

Medicated feed additives Market: OverviewBusiness operations in the animal feed industry differ between and within regions and countries. While only 15% of compound feed is produced by the top 15 players in the global market, the top five feed producing countries represent 75% global tonnage of both traditional and compound feeds.

Aquaculture is witnessing increasing consumer demand due to an increasing tendency for lean protein in the supplements for human diets globally. Accordingly, demand for fish meat is projected to grow in the near future and the supply of which is somehow depends on the amount of fish-catch in a year.

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Medicated Feed Additives Market: Region-wise OutlookGeographically medicated feed additives market is segregated into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific and Middle East & Africa.

North America medicated feed market is projected to expand with significant CAGR in the near future on the back drop of increasing demand for better food and other primary products. Eastern and Western Europe medicated feed additives market is expected to witness promising growth in the near future due to large demand for dairy products and meat.

With rise in health care spending on animals and economic manufacturing in Asia Pacific countries is projected to favour the market for medicated feed additives. Rising poultry demand in China and other Asian countries has been fuelling demand for methionine, thereby creating shortage for the additive in the Asia Pacific region.

Medicated feed additives Market: Key PlayersCargill, Inc., Koninklijke DSM N.V, BASF SE, Evonik Industries AG, Zoetis Inc., Nutreco N.V., Novozymes A/S and Phibro are some of the participating global players in medicated feed additives market.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.

The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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Medicated feed additives Market: SegmentationMedicated feed additives Market is classified on the basis of product type, animal type and end-user.

Based on product type, the Medicated feed additives market is segmented into the following:

  • Amino Acids
  • Tryptophan
  • Lysine
  • Methionine
  • Threonine
  • Other
  • Feed Enzymes
  • Phytase
  • Non-Starch Polysaccharides
  • Other Enzymes
  • Antibiotics
  • Acidifiers
  • Antioxidants
  • Natural
  • Synthetic

Based on animal type, the medicated feed additives Market is segmented into the following:

  • Swine
  • Cattle
  • Poultry
  • Aquaculture

Based on geography, the Medicated feed additives Market is segmented into following:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, U.K, Spain, France, Rest of Western Europe)
  • Eastern Europe (Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa)

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Bone Growth Stimulators Market size to Display Impressive Growth of 9.9% with Rising Demand | FMI

According to FMI, In 2028 it is anticipated that the global bone growth stimulators market size will increase annually at a pace of 9.9% year over year.

Over the past decades, spending on healthcare has grown globally. The growth of the emerging markets and increasing geriatric population in developed economies are among factors expected to boost healthcare spending, which is expected to subsequently expand the bone growth stimulators market.

Increasing healthcare spending is expected to boost the demand for bone growth stimulators, which is, in turn, predicted to create high growth opportunities for players in the bone growth stimulators market over the forecast period.

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Furthermore, the increasing number of fractures and technological advancements have increased non-invasive, and rapid technologies in the healthcare industry, which is boosting the bone growth stimulators market. Moreover, manufacturers are undertaking various efforts to provide bone growth stimulators that are more versatile and more convenient for patient use.

 According to the World Bank, around 1.25 million people get injured in road accidents, which leads to fractures and the requirement of fusion surgeries for their treatment every year. These are some of the prime factors that are expected to drive the global Bone growth stimulators market over the forecast period 2019-2029.

Various alternative therapies and treatments for fractures, which include synthetic bone grafts, amputation, and allografts, as well as non-invasive therapies, such as electrical bone growth stimulation and low-intensity ultrasound stimulations, have been introduced, which are responsible for driving the global bone growth stimulators market. However, factors such as the high prices of devices and product recalls are expected to hamper the growth of the bone growth stimulators market.

Osteoporosis and osteoarthritis are among the common disabling joint disorders that are affecting millions of elderly people across the world. Some of the most common sites of osteoporotic fractures are the spine, wrists, hips, and shoulders. Thus, the increasing population suffering from orthopedic disease is creating high demand for bone growth stimulators. The cause of delayed bone healing and fractures is not known, however, it is creating a large economic impact on the market of bone growth stimulators.

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Key Players

  • Bioventus LLC,
  • Zimmer Biomet Holdings Inc.,
  • Orthofix Holdings, Inc.,
  • DJO Global,
  • IGEA, and Ossatec Benelux Ltd.

BONE GROWTH STIMULATORS MARKET STRUCTURE ANALYSIS

  • The global Bone growth stimulators market represents a consolidated competition landscape, wherein tier 1 companies of the Bone growth stimulators market hold a revenue share of approximately 80%
  • Some of the Bone growth stimulators companies include Bioventus LLC, Zimmer Biomet Holdings Inc., Orthofix Holdings, Inc., DJO Global, IGEA, and Ossatec Benelux Ltd.

The North America bone growth stimulators market and Europe bone growth stimulators market combined are expected to hold a share of approximately 65% of the global bone growth stimulators market during the forecast period. This can be mainly attributed to the high adoption of advanced technology and reduced hospital visits.

Based on the product type, the global bone growth stimulators market has been segmented broadly into non-invasive bone growth stimulators and invasive bone growth stimulators. Non-invasive bone growth stimulators are also segmented into various other sub-segments such as Capacitive Coupling (CC) devices, Pulsed Electromagnetic Field (PEMF) devices, Combined Magnetic Field (CMF) devices, and ultrasound bone growth stimulators. The non-invasive bone growth stimulators segment is expected to hold a prominent share of the global bone growth stimulators market.

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Based on applications, the bone growth stimulators market has been segmented into trauma injury & fractures, spinal fusion surgeries, and osteogenesis. In terms of revenue, the trauma injury and fractures segment dominated the global bone growth stimulators market in 2018. Based on the end user, the bone growth stimulators market is segmented into hospitals, homecare settings, orthopaedic clinics, and ambulatory surgical centres. The hospitals segment held the maximum share of the bone growth stimulators market in 2018, and is predicted to continue to dominate the market throughout the forecast period.

Key Segment

By Product Type 

  • Non-Invasive Bone Growth Stimulators
  • Capacitive Coupling (CC) devices
  • Pulsed Electromagnetic Field (PEMF) devices
  • Combined Magnetic Field (CMF) devices
  • Ultrasound Bone Growth Stimulators
  • Invasive Bone Growth Stimulators

By Applications

  • Trauma Injury and Fractures
  • Spinal Fusion
  • Osteogenesis

By End User

  • Hospitals
  • Orthopedic Clinics
  • Ambulatory Surgical Centers
  • Homecare settings

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Spinal Pumps Market Insights, Deep Analysis of Key Vendor in the Industry 2022-2027

Innovations in patient-controlled devices, infusion techniques, and the entry of new manufacturers are propelling the spinal pump market forward. However, the lack of randomized clinical trials for spinal pumps in the pain field is impeding their use.

Cancer pain occupies a significant market share in the spinal pumps market due to the increased adoption of infusion pumps to treat cancer pain conditions, which is responsible for the market’s growth. Over the forecast period, the hospital segment will dominate the market. However, due to recent market launches of ambulatory-based infusion pumps, ambulatory surgical centres would grow at the fastest CAGR during the forecast period.

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Spinal Pumps Market: Drivers and Restraints

The ability of spinal pumps to provide faster relief in areas where oral medications have failed to respond is one of the market drivers. Furthermore, implantable continuous pumps eliminate the possibility of drug infusion errors caused by overdosing.

The relatively low cost of the pumps also contributes significantly to rising adoption in less developed markets. Revenue growth is fueled by applicability across a wide range of indications.

The permanent nature of the pumps, which increases the likelihood of malfunctioning error once implanted, is one of the market’s barriers. The use of bolus in variable rate intrathecal pumps could result in drug overdelivery, which could result in death.

Spinal Pumps Market: Regional Overview

The market for spinal pumps is divided into seven regions: North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, the Middle East, and Africa. Because of the rise in the management of cancer-related pain conditions, North America holds a sizable market share in the spinal pump market.

The Asia-Pacific market is expected to grow significantly during the forecast period due to an increase in cancer incidence in the region.

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Spinal Pumps Market: Key Players

Some of the players in the spinal pumps Smiths Group plc, Medtronic, Flowonix medical Inc., Summit Medical Products Inc., Becton, Dickinson and Company and Johnson & Johnson.

Spinal Pumps Market: Segmentation

The global spinal pumps Market is classified on the basis of product, end user, application and geography.

By product type:

  • Implantable pump with continuous flow
  • Implantable pump with bolus – Variable flow

By end user:

  • Hospitals
  • ASCs
  • Clinics
  • Long Term Care Centers
  • Alternate Care Centers

By application:

  • Failed back syndrome
  • Cancer Pain
  • Reflex sympathetic dystrophy (RSDS)
  • Causalgia
  • Arachnoiditis
  • Chronic pancreatitis

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Laboratory Information Systems (LIS) Market size will reach a value of US$ 1.9 Bn by 2022 at a CAGR of 10.2%

Global laboratory information system (LIS) market size revenues are set to grow at 10.2% CAGR through 2030, according to an updated edition by Future Market Insights (FMI). The 2022-2030 version of the report builds upon the widely cited previous version, and incorporates the latest developments, notably, the impact of COVID-19 pandemic on this market.

Massive technical improvements in the healthcare sector over time have included automation, big data analytics, and cloud computing. The necessity to balance administrative and caring activities is the most crucial factor in the sector. Thanks to the development of sophisticated laboratory testing technologies, this is now achievable.

The cornerstone of managing primary healthcare is laboratories. Drug development and the creation of APIs take place in laboratories. It is necessary to streamline repetitive tasks like data collection, assimilation, and record maintenance in order to increase the speed at which these processes are effective.

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The market for laboratory information systems is primarily being driven by the requirement for systematic data documentation to save paperwork. Since the COVID-19 epidemic began, there has been a significant uptake, enabling.

Key Findings

  • Europe & North America will remain lucrative, accounting for 4/5th of the revenue pie
  • Cloud-based laboratory information systems to register maximum increase during the forecast period
  • Vendors are increasingly capitalizing on developing LIS software for various healthcare verticals
  • Hospital-grade laboratory information systems are gaining significant momentum

COVID-19 Impact Analysis

Clinical laboratories are finding it unnerving to cope with the rapid influx of COVID-19 testing samples, impacting their ability to provide accurate testing. Incorporation of automated solutions is therefore anticipated to relieve these clinics of this uncertainty by promoting efficient testing of voluminous samples.

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Prominent players in the laboratory information systems landscape are collaborating with public and private sector organizations to employ advanced technologies for implementing COVID-19 testing capabilities. For instance, LabWare Technologies has collaborated with the National Health Service to provide laboratory management software to healthcare settings across the United Kingdom.

Thus, the market shall witness a significant upsurge during the short-term forecast period, with an increasing number of healthcare providers accelerating the uptake of technologically advanced laboratory information systems.

“Manufacturers are increasing their presence across emerging markets and forging effective distribution networks with regional players. This is helping them expand their outreach and broaden their customer base,” opines the FMI analyst.

Competitive Intelligence

The global laboratory information systems market is highly fragmented, characterized by the presence of over 50 vendors. Prominent players include: Cerner Corp., Evident, McKesson, Medical Information Technology (MEDITECH), Epic Systems Corporation, SCC Soft Computer, Roper Technologies Inc., CompuGroup Medical and LabWare.

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With regard to product launches, Cerner Corporation launched CommunityWorks Foundations, a tailor-made cloud-based technology platform for rural and critical access hospitals in July 2020. This technology shall prove instrumental in reducing overhead costs and reducing lengthy implementation procedures. The platform enables hospitals to maintain electronic health records, reducing immense amount of paperwork.

Recently, in August 2020, Medical Information Technology (MEDITECH) partnered with TECHNATION Health in Canada. This collaboration is aimed at enhancing the privacy and security framework of healthcare providers across the nation, ensuring better patient data security. The solution involves provision of cybersecurity and data sovereignty among other objectives.

More Insights on the Laboratory Information Systems Market A recent market study published by FMI on the laboratory information systems market includes the global industry analysis of 2015-2021 & opportunity assessment for 2022-2030, and delivers a comprehensive assessment of the most important market dynamics. The market is segmented on the basis of component (software, hardware, and services), delivery mode (on-premise and cloud based), and end user (hospitals, clinics, independent laboratories, and others), across seven prominent regions.

Key Market Segments Covered in Laboratory information systems Industry Research By Components:

  • Software
  • Hardware
  • Services

By Delivery Mode:

  • On Premise
  • Cloud-Based

By End User:

  • Hospitals
  • Clinics
  • Independent Laboratories
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa (MEA)

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Retinoblastoma Treatment Market Research Report 2022 – Global Forecast till 2027

The retinoblastoma treatment market is changing dramatically as pharmaceutical and medical device companies seek to gain a larger untapped market in developing and underdeveloped economies. Companies are constantly investing in the development of newer treatment options for retinoblastoma.

Cancer is the leading cause of death worldwide, with the World Health Organization estimating 8.2 million cancer-related deaths in 2012. (WHO). Retinoblastoma is a type of cancer that begins in the retina, the very back of the eye. It is the most common type of childhood eye cancer.

The eyes have cells called retinoblasts that divide into new cells and fill the retina during the early stages of development. These cells eventually stop dividing and mature into mature retinal cells. Occasionally, something goes wrong with this procedure.

Instead of maturing into special cells that detect light, some retinoblasts continue to divide and grow uncontrollably, resulting in retinoblastoma, a type of cancer. Retinoblastoma is caused by a mutation in the retinoblastoma (RB1) gene.

Retinoblastomas are classified into two types based on changes in the RB1 gene: congenital (hereditary) retinoblastoma and sporadic (non-hereditary) retinoblastoma. Retinoblastoma is a rare cancer. With current treatments, 9 out of 10 children with retinoblastoma are cured.

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Retinoblastoma Treatment Market: Drivers and RestraintsIncreased remissions or recurrence of the disease, as well as increased awareness among healthcare professionals and patients, are driving the retinoblastoma treatment market. According to the American Cancer Society, Inc., only about 200 to 300 children in the United States are diagnosed with retinoblastoma each year. Aside from the aforementioned factors, the retinoblastoma market is fueled by the availability of improved diagnostic tests and treatment options for the disease.

The market for retinoblastoma treatment is hampered by a small patient pool for treatment and stringent regulatory requirements for approvals.

Retinoblastoma Treatment Market: Region-wise OutlookNorth America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East, and Africa are the regions that make up the global retinoblastoma treatment market.

North America will continue to be a key market for the global retinoblastoma treatment market due to rising R&D activities by key players, better reimbursement policies, and the availability of advanced healthcare infrastructure, all of which contribute to the region’s larger market share in the global retinoblastoma treatment market.

Because of the region’s large untapped market and growing government interventions to improve healthcare infrastructure, Asia Pacific is expected to present a growth opportunity.

Retinoblastoma Treatment Market: Key PlayersBaxter, Bristol-Myers Squibb Company, GlaxoSmithKline plc., Spectrum Pharmaceuticals, Inc., and CryoConcepts LP are some of the key players in the global retinoblastoma treatment market.

The research report provides an in-depth analysis of the market and includes thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also includes projections based on an appropriate set of assumptions and methodologies. The research report categorises analysis and information into market segments, geographies, types, technology, and applications.

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Retinoblastoma Treatment Market: SegmentationThe retinoblastoma treatment market has been segmented on the basis of disease type, stage, treatment type, distribution channel and Region.

Based on the disease type, the global retinoblastoma treatment market is segmented into the following:

  • Congenital (Hereditary) Retinoblastoma
  • Sporadic (Non-Hereditary) Retinoblastoma

Based on the stage, the global retinoblastoma treatment market is segmented into the following:

  • Intraocular Retinoblastoma
  • Group A
  • Group B
  • Group C
  • Group D
  • Group E
  • Extraocular Retinoblastoma
  • Orbital Retinoblastomas
  • Metastatic Retinoblastomas

Based on the treatment type, the global retinoblastoma treatment market is segmented into the following:

  • Surgery
  • Radiation Therapy
  • Photocoagulation
  • Cryotherapy
  • Thermotherapy
  • Chemotherapy
  • Stem Cell Transplant

Based on the distribution channel, the global retinoblastoma treatment market is segmented into the following:

  • Hospitals
  • Cancer Institutes
  • Pharmacies

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Cellbag Bioreactor Chambers Market 2022 Outlook, Current and Future Industry Landscape Analysis 2027

The cellbag bioreactor chambers market is changing dramatically as buyers increasingly prefer single-use cellbag bioreactors to maintain control over the manufacturing process. Increased demand for local drug production in various countries is easily met by using these disposable cellbag bioreactors, which aid in adhering to local regulations by providing flexible access to the products. Product efficiency has increased in recent years, augmenting production volumes.

Disposable Bioreactors are used in cell culture because they improve process flexibility, reduce turn over time, and eliminate the cleaning and sterilisation process. Cells are grown in these bioreactors in a pre-sterile, inflated chamber known as a cell bag bioreactor.

Shaking the cellbag attached to the bioreactor tray agitates the culture in the cell bags. A heater located beneath the tray heats the media or culture to the required temperature. Gases are delivered via the headspace, which is filled with a mixture of ambient air, CO2, N2, and additional oxygen to support high cell concentration.

These cellbag bioreactors are outfitted with sensors that measure the amount of O2 dissolved and the pH of the culture medium optically. Cellbag bioreactors are primarily used in the bioproduction process, research and development, process development, and preclinical trials where a small amount of biologics is frequently required for testing. Cellbag bioreactors have multiple air inlets and outlets, as well as sampling ports for sample introduction.

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Cellbag Bioreactor Chambers Market: Drivers and Restraints

Cellbag bioreactor chambers market is driven by increasing acceptance of these reactor chambers among small biopharmaceutical or start-ups due to decent return on investment and ease of use i.e. decrease in automation complexity are major factors contributing to the growth of the cellbag bioreactor chambers market over the forecast period.

Aside from the aforementioned factors, the cellbag bioreactor chambers market is being driven by increased research and development activities in the field of drug discovery by governmental institutions and biopharmaceutical companies, as well as the rising product pipeline of biologics of several biotech and pharma companies, which are expected to drive market revenue growth in the near future.

Concerns about leachables and extractables, as well as stringent regulatory requirements for cellbag bioreactor approvals, may stymie the cellbag bioreactor chambers market over the forecast period.

Cellbag Bioreactor Chambers Market: Region-wise Outlook

The global cellbag bioreactor chambers market is divided into six regions: North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, the Middle East, and Africa.

Because of rising R&D activities by key players, increasing biologics patent expirations, and government initiatives, North America and Europe will continue to hold a larger market share in the global cellbag bioreactor chambers market by region.

Asia Pacific is expected to present a better growth opportunity due to the region’s large untapped market, increasing research base of several pharmaceutical companies, and growing government initiatives for research and development.

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Cellbag Bioreactor Chambers Market: Key Players

GE Healthcare, Merck Millipore, Thermo Fisher Scientific, Inc., Danaher Corporation, and Sartorius Stedim Biotech S.A. are some of the key players in the global cellbag bioreactor chambers market.

The research report provides an in-depth analysis of the market and includes thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also includes projections based on an appropriate set of assumptions and methodologies. The research report categorises analysis and information into market segments, geographies, types, technology, and applications.

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Hydraulic Cylinder Market is anticipated to touch a value of nearly US$ 22.3 Bn in the year 2032

Growing technical improvements in the hydraulic industry are driving the global market. Integrating hydraulic cylinders with technology for improved functionality, accuracy, and command in diverse applications is projected to be a key contributor to the hydraulic cylinder market growth.

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For a wide range of construction equipment, modern hydraulic cylinder technologies include multi-stage and sophisticated linear telescopic cylinders and rotary actuators. In the anticipated timeframe, the worldwide construction sector is expected to rise by 85 per cent to USD 8 trillion, resulting in increased global hydraulic cylinder market demand.

The increased supply for heavy construction and mining equipment from the construction, mining, and oil gas industries is largely responsible for the market’s rise. The increasing usage of material handling equipment across sectors throughout the world is a primary driver of the hydraulic cylinder market expansion.

Function, specification, bore size, applicability, sector, and region have all been used to segment the global hydraulic cylinder market. Because of their rising acceptance in the construction and material handling industries, government measures to resuscitate infrastructural projects across countries have contributed to driving up demand for hydraulic cylinders.

Increased farm mechanization across regions, particularly in APAC, as well as global increases in mining exploration operations, have all aided the hydraulic cylinder market’s expansion.

To make a high-quality hydraulic cylinder, metal forging and accurate engineering are required.

Small and medium-sized businesses (SMEs) face cost constraints when it comes to entering the hydraulic cylinder market. Hydraulic cylinders have ongoing maintenance expenditures in addition to the initial product price. Hydraulic cylinders must be serviced on a regular basis to avoid oil leaks and other problems. The cylinder rod’s quality and finish must be checked on a regular basis.

Failure can also be caused by improper rod strength or diameter. The cylinder tube should be inspected on a regular basis since the cylinder walls may wear down over time, reducing its thickness. These characteristics result in higher maintenance expenses, putting a stop to the use of hydraulic cylinders.

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Fluid, the main oil, is used to power hydraulic cylinders. The contamination of the environment is caused by the leakage of these fluids. As a result, end-users who want to keep their environment clean and healthy prefer cleaner alternatives to hydraulic cylinders. Pneumatic cylinders, which employ the pressure of compressed gas to generate a force in a reciprocating linear motion, are one such option.

Pneumatic cylinders are employed in agricultural and material handling operations that necessitate humans being near to the cylinders. The accessibility of cleaner replacements poses a threat to the hydraulic cylinder market’s growth.

Key Takeaways

  • By 2025, the mobile application of hydraulic cylinders is expected to grow by more than 4%. Product demand is expected to be driven by increased expenditure in the chemical industry to meet the demand for linear motion.
  • As per the global hydraulic cylinder market study, by 2025, the tie rod hydraulic cylinder industry is projected to have grown by more than 4%. Increasing the use of agricultural equipment for farming in order to increase production capacity in order to keep up with the rising population rate may boost industrial dynamics.
  • By 2025, the single-acting hydraulic cylinder industry is anticipated to have grown by more than 4%. The installation of these items will be driven by the growing need for material handling equipment in the food and beverage industry to produce linear motion for conveyor belts and assembly lines.
  • China and the United States are two markets with strong CAGRs. By 2031, North America and East Asia are expected to have a combined market share of roughly 35%.
  • Over the projection period, demand for hydraulic cylinders in India is expected to grow at a nearly 7% CAGR. The market is reinforced by ongoing and planned industrial and infrastructure developments around the country, which are mostly financed by the government.

Competitive Landscape

Aggressive Inc., Eaton Corporation PLC, Texas Inc, Bosch Rexroth AG, Enerpac Corp., Best Metal Products, Prince Manufacturing Corporation, Caterpillar Inc., Hyco International, Inc, Hydrosila, Pacoma GmbH, Parker-Hannifin Corporation, Weber-Hydraulik Group, Norrhydro Oy, Wipro Infrastructure Engineering, and others are among the leading players in the hydraulic cylinder market.

Hydraulic cylinder producers use a variety of techniques to gain a competitive advantage, including continuous product development and regional growth. Furthermore, the expanding use of these products in energy-intensive industries will provide more advantageous economic prospects for industry participants and a rise in hydraulic cylinder market adoption.

Key Segments

By Function:

  • Single-Acting
  • Double-Acting

By Specification:

  • Welded
  • Tie Rod
  • Telescopic
  • Mill Type

By Application:

  • Industrial
  • Mobile

By Bore Size:

  • < 50 MM
  • 50 MM to 150 MM
  • > 150 MM

By Industry:

  • Construction
  • Aerospace
  • Material Handling
  • Automotive
  • Mining
  • Marine
  • Oil & Gas
  • Others

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Bioelectric Medicine Market is expected to grow at a CAGR of Approximately Over 2022-2027

Technology is changing the world, and bioelectric medicine is at the forefront of the medical sciences’ technological revolution. The history of the pharmaceutical industry is built on therapies that target molecular mechanisms. Bioelectric medicine employs various treatment modalities that rely on electrical pulses rather than drugs to stimulate the body.

By combining bioengineering, neuroscience, molecular medicine, electronics, and computing, bioelectric medicine develops nerve stimulating and sensor activation technologies to regulate biological functions and treat diseases. These technologies have the potential to change the future of therapies for a wide range of diseases. To treat diseases, bioelectric medicine employs a targeted mechanism of action.

Despite the fact that the concept of using bioelectric medicines to treat patients has been around for decades, technological advancements are driving the market to grow in the near future. Bioelectric medicine is the field in which devices are developed to treat diseases such as rheumatoid arthritis, diabetes, paralysis, and cancer.

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Bioelectric Medicine Market: Dynamics

Increasing research and development in bioelectric medicals, as well as an increase in the number of organisations investing in bioelectric medicine development, are the primary driving factors for the growth of the bioelectric medicine market. Bioelectric medicines, also known as electroceuticals, are a new trend in disease treatment therapy.

Despite the fact that these therapies are expensive, often toxic, and difficult to administer, there is always room for technological advancement and ground-breaking discipline in electronics with nerves to specifically target biological processes to various diseases. Bioelectric medicine technology is being increasingly adopted by pharmaceutical companies, biotechnology entities, research institutes, and laboratories. Because bioelectric medicine is comprised of small devices, there is tremendous opportunity for companies with a product pipeline to enter the medical device industry. The adoption of bioelectric medicines is changing the pharmaceutical industry’s trend;

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Bioelectric Medicine Market: Regional Outlook

The global bioelectric market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Because of the presence of several organisations operating in this region, North America is expected to dominate the bioelectric medicine market.

Rising prevalence of chronic diseases, expected approvals of retinal implants in the United States, and an ageing population are the other key factors driving market growth in North America. Furthermore, due to an increasing diabetic population and the frequency of hearing loss in the region, the Asia Pacific region is expected to grow at the fastest CAGR during the forecast period.

Significant R&D projects are being carried out in institutes, resulting in high demand, which has a significant impact on revenue growth. Furthermore, positive R&D outcomes encouraging the incorporation of the bioelectric market are expected to impact this sector with potential growth opportunities.

Bioelectric Medicine Market: Top Players

GlaxoSmithKline, Medtronic Plc., Boston Scientific Corporation, Set Point Medical, Siemens AG, Biotronic, Nevro Corporation, Liva Nova Plc., Cochlear Limited, and Electro Core LLC are some of the key players in the bioelectric market.

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Bioelectric Medicine Market Segmentation Analysis:

By Device Type:

  • Implantable
  • Non implantable

By Product Type:

  • Defibrillators
  • Pacemakers
  • Stimulators
    • Spinal Cord Stimulators
    • Deep Brain Stimulators
    • Vagus Nerve Stimulators
    • Sacral Nerve Stimulators
    • Others
  • Implants
    • Retinal Implants
    • Cochlear Implants

By Application:

  • Arrhythmia
  • Chronic Pain
  • Parkinson’s Disease
  • Epilepsy
  • Urinary Incontinence
  • Menstrual migraine
  • Fecal Incontinence
  • Retinitis Pigmentosa
  • Depression
  • Spinal Cord Injury
  • Obesity
  • Others

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Facility Management Services Market Comprehensive Research Study and Strong Growth in Future 2032

The facility management services market is anticipated to grow from US$ 42.2 billion in 2021 to US$ 76.3 billion in 2026, with a CAGR of 12.6% during the forecast period.

The demand for cloud-based facility management solutions and a rise in the demand for facility management systems integrated with intelligent software are two factors that are likely to accelerate the adoption of facility management services.

Key Contributors to the Facility Management Services Market

A safe and secure way to host facilities management software is through cloud-based solutions. By improving security and communication among teams and subsidiaries dispersed across numerous locations, they help businesses lower operational costs.

The benefits of cloud-based facilities management solutions include safe hosting of sensitive data, improved security and scalability, and quick disaster recovery. Businesses can quickly access critical server data because the backups are kept on a public or private cloud hosting platform. Data can be accessed from any location that has a dependable internet connection thanks to secure logins.

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Customer satisfaction is increased and repair and maintenance costs are decreased thanks to cloud-based facilities management systems. As a result, there has been a rise in the adoption of cloud-based solutions for integrating facility management services, which is anticipated to fuel market growth.

Factors Limiting the Growth of the Facility Management Services Market

Facilities management offers benefits that organisations aren’t fully aware of. The problem is a result of inadequate adoption of necessary technology and knowledge. Many businesses are still using cloud computing technologies, but they have not yet developed an IoT ecosystem.

Additionally, their transition from conventional to contemporary workplace designs is still in its infancy. Businesses are unaware of the new options available even though facilities management is a crucial part of operations.

Because of this, it has been challenging for businesses to give their facilities management department equal weight without endangering their core operations.

Lack of consistency is another problem that arises, especially in operations with many buildings. To ensure access and security when issues arise, quick action is crucial.

Competitive Landscape of the Facility Management Services Market

The market for facility management services is highly competitive. One of the main tactics used by players is to invest in new technology for the creation of software. In addition, players use mergers and acquisitions as part of their inorganic growth strategy.

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Recent Developments in Facility Management Services Market

  • Oracle teamed with Propre Japan Inc. in May 2020. Oracle Japan will assist Propre Japan Inc. in developing Propre’s real estate big data platform, which will be available in 17 countries across the world. Oracle’s client base would grow as a result of this agreement.
  • Koch Industries, Inc. announced in April 2020 that it has finalised the purchase of the remaining share of Infor from Golden Gate Capital. Koch was a prominent client, integrating Infor solutions throughout its companies in areas including enterprise resource planning, human resources, supply chain, asset management, and finance, in addition to being an Infor investment since 2017.
  • Trimble was bought by MRI Software in April 2021. Manhattan Real Estate and Workplace Solutions were acquired by MRI Software from Trimble.
  • Fortive purchased ServiceChannel in July 2021. ServiceChannel is a prominent provider of multi-site software as a service (SaaS). Along with Accruent and Gordian, it increased Fortive’s portfolio of Facility and Asset Lifecycle workflow solutions.

Key Segments

By Type:

  • Outsourced
  • In-house

By Service:

  • Hard Service
    • Electrical
    • Civil
    • Mechanical
    • Specialized Hard Services
    • Others Hard Services
  • Soft Service
    • Cleaning
    • Laundry
    • Landscaping
    • Security
    • Others Soft Services
  • Management Service
    • Contract Management
    • Energy & Utilities
    • Maintenance Planning & Control
    • Others Management Service

By Application:

  • Government & Public Sector
  • Industrial
  • Commercial
  • Education
  • Transportation
  • Healthcare
  • Others

By Region:

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

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Propranolol Drug Market Insights, Deep Analysis of Key Vendor in the Industry 2022-2026

Propranolol is a beta adrenergic receptor-blocking medication used to treat or prevent high blood pressure, PTSD, irregular heartbeats, tremors, angina pectoris, migraine, and anxiety. Hypertension is the leading risk factor for disability and death worldwide, according to a study published in the American Heart Association, Inc.

In 2010, the Asia and Pacific region had the highest burden of hypertension, with 439 million people affected. According to WHO, propranolol is one of the most important pharmaceutical drugs needed in a basic health system. The drug is a nonselective beta blocker that can cross the blood-brain barrier. It inhibits neurotransmitter action and improves memory consolidation.

Propranolol’s advantage made it useful for brain disorders as well, resulting in a positive impact of propranolol drug in both heart and brain disorders. The drug propranolol is being studied as a potential treatment for post-traumatic stress disorder. Propranolol was first marketed as Inderal by ICI Pharmaceutical, which is now known as AstraZeneca, in 1965.

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Propranolol Drug Market: Drivers and RestraintsThe rise in hypertension incidence and rapidly changing lifestyles in developing countries are expected to drive the global market for propranolol drugs. Furthermore, advancements in the pharmaceutical market and funding initiatives in the R&D sector are expected to drive the growth of the propranolol drug market during the forecast period.

Because propranolol is a non-selective beta-blocker, it has similar effects on the lungs, heart, and other areas of the body, which contributes to adverse effects such as allergic reaction, breathing problems, sudden weight gain, blood sugar changes, and so on. Alternative options for propranolol drugs and drug side effects may limit the market’s growth.

Propranolol Drug Market: OverviewNorth America and Europe dominate the propranolol drug market due to an increase in sedentary lifestyles and an ageing population, which increases the rate of hypertension and angina cases. As tablet form is more prescribed by doctors for long term positive effects, the oral route of administration shows high market growth in the propranolol drug market.

This segment includes tablets and extended-release capsules, which are more preferred and have better patient outcomes. In the propranolol drug market, hypertension accounts for a large share of the disease indication segment when compared to other disease types. Because hypertension is a chronic disease, patients may need to take medication every day for the rest of their lives.

Propranolol Drug Market: Regional OverviewThe global propranolol drug market is divided into seven regions: North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, the Middle East, and Africa. The global propranolol drug market was dominated by North America. According to a study published by the Centers for Disease Control and Prevention (CDC) in 2014, nearly 70 million Americans suffer from hypertension, which is expected to rise in the coming years, creating a growth opportunity for the propranolol drug market.

Asia-Pacific, on the other hand, is expected to grow rapidly over the forecast period due to changing lifestyles and a growing disease population. Furthermore, various public awareness campaigns launched by medical organisations to encourage people to get regular checkups and explore available treatment options will result in a significant growth opportunity.

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Propranolol Drug Market: Key PlayersGlaxosmithkline, Mylan pharmaceuticals inc, Actavis Elizabeth llc, Inwood laboratories inc, sub forest laboratories inc, Roxane laboratories inc, Baxter healthcare corp, Bedford laboratories, Wyeth ayerst laboratories, Ipca laboratories ltd, Teva pharmaceuticals, Vintage pharmaceuticals, Northstar healthcare holdings ltd, Pliva inc, Interpharm inc, Ivax pharmaceuticals inc, Clonmel healthcare l

Propranolol Drug Market: SegmentationThe global propranolol drug market is classified on the basis of route of administration, disease indication and end user.

Based on of route of administration, the global propranolol drug market is segmented into the following:

  • Oral administration
  • Solid
  • Liquid
  • IV administration

Based on disease indication, the global propranolol drug market is segmented into the following:

  • Hypertension
  • Angina
  • Migraine
  • Tremors

Based on end user, the global propranolol drug market is segmented into the following:

  • Hospitals
  • Clinics
  • Home care settings
  • Ambulatory Surgical Centers

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