Diamond Core Drilling Market: Overview, Data Updates, Reports Analysis & Forecast | FMI

The market is poised to expand at over 6% CAGR on the account of increasing mining and construction activities across the globe. This is expected to increase the adoption of diamond core drilling machines, spurring sales.

According to FMI, the United States will dominate the diamond core drilling market, accounting for more than 21% of the global market. Given the widespread use of drilling machines in the construction industry in the United States, the market is expected to expand at a healthy clip during the forecast period.

According to Future Market Insights (FMI) research, the diamond core drilling market is expected to grow significantly over the forecast period. The market is anticipated to reach a cargo of 42,000 units at some point during the forecast period thanks to these, technological advancements in business automation, and demand for specially designed drilling machines (2021 -2031).

With the increasing demand for customized and automated drilling machines, the market is expected to reach the value of US$ 1.8 Bn in 2021. Growth in the market is attributed to the rising mineral production across developing economies, including India, China, and Japan.

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As per FMI, the market registered an increase of 2% in 2021 registering year-on-year (YoY) growth of 5.2%. Due to the rising rate of fatalities and accidents at constrictions and mining sites, the government is pushing for the adoption of rig-operated drilling machines instead of hand-held.

Key Takeaways from FMI’s Diamond Core Drilling Market Study

  • In terms of end-use, the construction industry will hold the majority of the share however increasing mineral production rate across the globe will increase the application of diamond core drilling in the mining industry
  • Due to stringent safety protocols and increasing fatalities in mining industries, the adoption of rig-operated drilling machines is increasing, boosting segment growth
  • Based on drilling technique, stitch drilling is expected to account for lion’s share in the global diamond core drilling market
  • Germany is expected to be one of the most lucrative markets owing to the presence of leading companies
  • India is expected to witness lucrative growth opportunities backed by rising application in the mining and construction industry
  • China will lead East Asia’s diamond core drilling market owing to the favorable government initiatives to increase the adoption of automated drilling machines

“With the surging application of diamond core drilling in construction and mining industries, end-users are focusing on efficiency and precision. To meet the growing requirement for increased productivity, key manufacturers are extensively adopting advanced and cutting-edge technologies for automation and customization. This will widen the growth prospects for manufacturers in the forthcoming years,” says the FMI analyst. 

Competitive Landscape

The dominance of the top five players has left the market consolidated, creating an entry barrier for new players in the global diamond core drilling market. Adoption of inorganic growth strategies to gain exposure in the overseas territories is one of the major factors expected to create growth opportunities.

Future Market Insights identifies Hilti Corporation, Epiroc AB, Bogart Longyear, Robert Bosch, and Husqvarna AB among the top 5 players in the diamond core drilling market. The contribution of these top 5 players in global market revenue, collectively, is estimated to be around 13.6%.

Key manufacturers are focusing on technological advancement and product customization which is expected to expand their regional footprints in the industry, spurring sales.

For instance, Barsele Minerals Corporation, on 7th June 2021, announced the resumption of diamond drilling activities which included drilling for 3,000 meters to test orogenic gold and volcanogenic massive sulfides. The drilling exploration program is operated through a joint venture with Agnico Eagle Mines Limited.

The company also announced the acquisition of Agnico Eagle’s indirect 55% interest in the Barsele Project and upon completion of the drilling project, the company will take over Agnico Eagle Mines Limited, consolidating 100% control.

Also, in June 2021, another manufacturer, Tectonic Metals Inc. announced the company’s exploration plans, anchored by two oriented diamond drilling campaigns, Tibbs Gold Project and Seventymile Gold Project in Alaska. The company is using rotary air blast drilling to carry out the exploration program.

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Get More Insights on Global Diamond Core Drilling Market

The research report analyzes the demand for diamond core drilling across the globe. The diamond core drilling market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends & market background. As per Future Market Insights’ research scope, the market has been analyzed based on operation type, drilling type, drilling technique, end-use, and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market on both, the supply-side and demand side.

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Home Audio Equipment Market is Projected to Register a CAGR of 12% Through 2032

The global home audio equipment market size is anticipated at US$ 25 Billion in 2021. The sector is gaining pace as companies provide technologically improved home audio equipment with various wireless technologies. Thereby, garnering US$ 90 Billion in 2032, recording a CAGR of 12% from 2022-2032. The market is likely to secure US$ 30 Billion in 2022.

Aside from that, the growing popularity of OTT services is increasing demand for high-performance home audio equipment for a more immersive watching experience. A growing number of consumers are signing up for streaming services, which is fueling industry development.

Furthermore, the development of showrooms and the e-commerce business is resulting in the simple availability of items accompanied by added conveniences such as free doorstep delivery, interesting deals, and safe payment options. This contributes to the market’s growth. Leading manufacturers are also engaging in competitive marketing strategies and promotional activities in order to reach a larger customer base and enhance product sales.

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Additionally, technical breakthroughs such as the creation of architecturally appropriate Dolby Atmos systems, short-throw projectors, ambient light rejecting screens, motorized window coverings, and huge LED panels are fueling market expansion. Furthermore, significant expenditures in research and development (R&D) activities are projected to fuel the market.

Key Takeaways:

  • The global home audio equipment market is estimated at US$ 25 Billion in 2021
  • The global home audio equipment market to value US$ 30 Billion in 2022.
  • The global Home Audio Equipment market is estimated at US$ 90 Billion by 2032.
  • The global home audio equipment market is expected to expand at a 12% growth rate till 2032.
  • North America is anticipated to exhibit a 10.6% CAGR from 2022 to 2032.
  • Asia Pacific is projected to record an 11% CAGR during the forecast period.
  • The online segment is likely to expand at 10% CAGR in the forecast period.

“During the projection period, market expansion will be driven by rising demand for smart technologies such as multi-room solutions and ongoing advancement in in-house entertainment systems.”

Competitive Landscape

Key players in the global home audio equipment market include:

  • Amazon.com, Inc.
  • Apple Inc.
  • Blaupunkt GmbH
  • Bose Corporation
  • Bowers & Wilkins Group Ltd.
  • Creative Technology Ltd.
  • Sonos, Inc.
  • Sony Corporation
  • VIZIO Inc.
  • Voxx International Corporation
  • Yamaha Corporation

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Recent key developments among players are:

  • In August 2022the Odyssey Neo G8, the world’s first 240Hz 4K gaming display, was introduced by Samsung Electronics. It received the Best of Innovation Award in the Gaming category at CES 2022, recognizing its technological brilliance.
  • In April 2022Sonos, Inc. bought Mayht Holding BV (Mayht), a producer of revolutionary audio transducer solutions. These devices are essential components of sound-generating speakers. Mayht has reengineered them to be lighter and smaller without sacrificing quality. Mayht intends to develop speaker technology that allows more components to be packed into smaller places while saving electricity. Market participants are concentrating on increasing their competitive edge and speeding up their future roadmap.

More Valuable Insights
Future Market Insightsin its new offering, presents an unbiased analysis of the Global Home Audio Equipment market presenting a historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis By Technology (Wired (Speaker, Soundbar, Home Theater in a Box (HTiB) and Receiver), Wireless (Speaker, Soundbar, Home Theater in a Box (HTiB) and Receiver), By Distribution Channel (Offline and Online) & Region (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa)

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Anti-Neoplastic Pharmaceutical Agents Market Key Drivers and Restraints, Opportunities, Industry Share & Trend Analysis Report to 2026

Anti-Neoplastic Pharmaceutical Agents Market Overview

Anti-neoplastic pharmaceutical agents are the drugs which prevent or inhibit the maturation and proliferation of neoplasms and thus helps in the management of cancer. These agents are also known as cytotoxic agents. Anti-neoplastic agents do not get stabilized in one part of the body, however they travel through body and help in destruction of cancerous cells.

Anti-Neoplastic pharmaceutical agents are used in combination with surgery, immunotherapy, radiotherapy, hormone therapy, targeted therapy for many solid tumors, especially metastatic. The risk related to cancer increases with age and it is now becoming more prevalent across the globe due to rapidly changing lifestyle of people.

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Thus, growing demand for anti-neoplastic pharmaceutical agents has captured the attention of pharmaceutical companies to enter into anti-neoplastic pharmaceutical agents market and develop more efficient drugs against several cancer conditions.

Increasing prevalence of cancer cases, technological advancements, increasing funding from government bodies, and favorable reimbursement policies are the major factors driving the growth of global anti-neoplastic pharmaceutical agents market.

However, factors such as lack of awareness about cancer condition in developing regions and technical complexities associated with the existing diagnostic tests would hinder the growth of anti-neoplastic pharmaceutical agents market.

Geographically, North America followed by Europe dominates the global anti-neoplastic pharmaceutical agents owing high prevalence of cancer cases and increasing demand of drugs for cancer treatment. However, APAC is expected to show high growth rate over the forecasted period due to increase in awareness about cancer condition and its side effects.

Anti-Neoplastic Pharmaceutical Agents Market: Key Players

Some of the key players in manufacturing of anti-neoplastic pharmaceutical agents market include GlaxoSmithKline plc, F. Hoffmann-La Roche Ltd, Eli Lilly and Company, Bristol-Myers Squibb Company, Becton, Dickinson and Company, Pfizer Inc., Novartis AG, AstraZeneca, Gilead, Accord Healthcare, and many others.

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The report covers exhaustive analysis on

  • Anti-Neoplastic Pharmaceutical Agents Market Segments
  • Anti-Neoplastic Pharmaceutical Agents Market Dynamics
  • Historical Actual Market Size, 2016 – 2026
  • Anti-Neoplastic Pharmaceutical Agents Market Size & Forecast 2016 to 2026
  • Anti-Neoplastic Pharmaceutical Agents Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Anti-Neoplastic Pharmaceutical Agents Market Drivers and Restraints

Anti Neoplastic Pharmaceutical Agents Market

The global anti-neoplastic pharmaceutical agents market is segmented based on type of cancer, anti-neoplastic pharmaceutical agents, and regional presence.

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Segmentation by type of cancer,

  • Breast Cancer
  • Bladder Cancer
  • Cervical Cancer
  • Gynecological Cancer
  • Lung Cancer
  • Leukemia
  • Other Cancer Types (Anal Cancer, Bone Marrow Cancer, Colon Cancer, Eye Cancer, Osteo Sarcoma, Wilms Tumour, Larynx Cancer, Testicular Cancer and Rectal Cancer)

Segmentation by type of anti-neoplastic pharmaceutical agents,

  • Alkylating Agents
  • Antimetabolites
  • Antitumor Antibiotics
  • Natural Products
  • Plant Products
  • Microorganism Products
  • Hormones and Antagonists

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

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Industrial Robot Controllers Market Size to be worth US$ 1,657.1 Mn By 2029 | FMI

As per Future Market Insights (FMI), the demand in the global industrial robot controller market is projected to surge at a robust CAGR of 8.9% during the forecast period 2022-2029.

According to the report’s findings, the global commercial robot controller market will witness significant growth over the forecast period, propelled by means of growth in the adoption of Human device interaction (HMI), records & cloud capabilities enhancing hardware manipulation, and optimization of industrial robot value.

Market gains have also been bolstered by strong growth in the automotive and electronic & semiconductor industries, two major demand generators in the industrial robotics landscape.

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East Asia’s Industrial Robot Controller Market Set for Incremental Growth

According to the recent studies, while South Korea remains a prominent country in the robot per 10,000-employees’ ratio, China is projected to witness a see monumental growth. India being a fast-growing economy is expected to contribute a fair share in the industrial robot controller market during the assessment period, for the fact that industrial ecosystems of India are on the brink of a massive makeover.

Japan also commands a significant share in the industrial robot controller market, owing to the high penetration rate of automation in the country. Rapid transition of these countries towards robotic automation is further creating new opportunities for adoption of robotic controllers, thereby making East Asia a lucrative region for the industrial robot controller market players.

Software Based Technology Advancements and Cost Optimization Merging

Key players active in the industrial robot controllers market will benefit from the growing preparedness of industrial ecosystems for the impending ‘fourth industrial evolution’ and its after effects. Smart components and software’s such as sensors and controllers are the future of automation; industrial robot controller is one of the competence for robot manufacturers as all the electromechanical systems needed to be controlled.

Over the forecast years, human machine interaction is expected to be a growing trend that aims to bring robot and human anatomy closer. simultaneously, bridging the gap between a robot and control system.

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Industrial Robot Controller Market by Category

By Axis Type:

  • Single Axis
  • Four Axis
  • Six Axis
  • Other Axis

By Robot Type:

  • SCARA Robot
  • Delta Robot
  • Cartesian/Gantry Robot
  • Articulated Robot
  • Collaborative Robot
  • Dual Arm Robot

By Region:

  • Americas
  • EMEA
  • South Asia & Pacific
  • East Asia

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Global Oil & Gas Valves Market Is Expected To Surpass US$ 12.5 Bn By The End Of 2022 | Says FMI

The global oil and gas valves market was valued at approximately US$ 10 billion in 2014. The global oil and gas valves market is expected to be worth more than US$ 11 billion by the end of 2022. The oil and gas valves market is expected to grow at a CAGR of more than 3% between 2022 and 2029, reaching a value of nearly US$ 16 billion by the end of 2029.

The report offers the key industry dynamics affecting the global oil & gas valves market across its supply chain and value chain. Also, the oil & gas market research report assesses the prominent forecasting factors that are projected to further augment the growth of the oil & gas valves market on a global level as well as regional level.

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Future Market Insights’ (FMI) market study titled, ‘Oil & Gas Valves Market: Global Industry Analysis 2014–2021 and Opportunity Assessment 2022–2029’, analyses the global oil & gas valves market, and provides an in-depth analysis on the forecast period of 2019-2029.

Downstream Applications Contributing a Major Share to Oil & Gas Valves Market

By product type, the global oil & gas valves market has been segregated into gates, globes, balls, butterflies, checks, PRVs, and others. The gate type of oil & gas valves are estimated to continue recording a high market value share throughout the projected period, while recording a high CAGR simultaneously.

With respect to the different sizes of oil & gas valves, the oil & gas valves market has been segmented into 0.25 to 8 inches, 8 to 20 inches, and above 20 inches. By the end of the year 2029, the 0.25 to 8 inch-sized oil & gas valves segment is estimated to hold more than half of the global oil & gas valves market share.

With regards to application, the global oil & gas valves market has been segregated into upstream, midstream, and downstream applications. The downstream applications of oil & gas valves are estimated to contribute the most to the market size of the global oil & gas valves market.

Rising Energy Need and Multiple Oil and Gas Projects in Pipeline Accelerate Market Growth in Developing Countries

Among all the regional markets, the oil & gas valves market in North America is estimated to account for over one-fourth of the global oil & gas valves market share throughout the forecast period, due to continuous advancements in the North American oil & gas and shale industry.

With a booming oil & gas industry in the Western Africa and Northern African countries, the oil & gas valves market in the Middle East & Africa is estimated to record the second-largest market share throughout the forecast period.

The oil & gas valves market in China, India, and Brazil are estimated to be emerging markets due to the growing energy needs, new oil & gas projects, improved economic conditions, and continuous industrialization and urbanization in these countries.

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The oil & gas industry is extremely competitive, due to the high presence of established market players. This, in turn, makes the oil & gas valves market fairly fragmented. Leading market players in the oil & gas valves market are very well-established across all the regional markets.

Some of the key vendors in the global oil & gas valves market are Emerson Electric Co., CIRCOR International Inc., Schlumberger Limited, PARKER HANNIFIN CORP, Weir Group Plc., Metso Corporation, and BHGE (BAKER HUGHES, a GE Company), among others.

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AIDS Related Primary CNS Lymphoma Market to Witness Excellent Revenue Growth, Overview, Emerging Trends and Forecast by 2026

AIDS Related Primary CNS Lymphoma Market Overview

Acquired immunodeficiency syndrome (AIDS) is a viral disease of immune system caused by the infection of human immunodeficiency virus (HIV). Primary central nervous system lymphoma (PCNSL) is a primary intracranial tumor occurs mostly in patients suffering from severe immunosuppression specifically AIDS.

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The pathogen responsible for primary CNS lymphoma is Epstein-Barr virus. AIDS associated primary CNS lymphoma diffuses large-cell lymphoma of B-cell which usually occurs in brain or spinal cord. Patients suffering from CNS lymphoma complain about lethargy, headache, neurologic symptoms and signs and changes in mental status.

For diagnosing AIDS associated primary CNS lymphoma, Computed Tomography (CT) scan or Magnetic Resonance Imaging (MRI) is performed.  Biopsy diagnosis is also performed to confirm the results as the lesions reported in MRI and CT scan sometimes generate confusion between toxoplasmosis, progressive multifocal leukoencephalopathy (PML) lesions and lympho

AIDS – Related Primary CNS Lymphoma Market: Drivers and Restraints

The market is expected to witness high growth during the forecast period as number of AIDS patients are increasing across the globe. Likewise, increasing awareness initiatives by government authorities would propel the growth of AIDS – related primary CNS lymphoma market.

Also, many pharmaceutical companies are entering into market for developing and manufacturing drugs for preventing and treating AIDS- related primary CNS lymphoma.

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AIDS – Related Primary CNS Lymphoma Market: Overview

Chemotherapy and radiation therapy are administered for treatment of AIDS – related primary CNS lymphoma. AIDS – related primary CNS lymphoma. Various drugs have been utilized during chemotherapy sessions include methotrexate, thiotepa and procarbazine.

For increasing treatment efficiency, rituximab is combined with methotrexate. Temozolomide is also used with those patients who demonstrate fair response to the treatment. The major therapy used for treating AIDS associated primary CNS lymphoma is Highly Active Antiretroviral Therapy (HAART).

Moreover, several clinical trials are being conducted in order to develop and commercialize more precise and exclusive treatments for the condition.

AIDS – Related Primary CNS Lymphoma Market: Region-wise Outlook

Depending on geographic regions, global AIDS – related primary CNS lymphoma market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan, Japan and Middle East & Africa. North America and Eastern Europe markets are currently at the maturity stage for clinical research and methods for treating AIDS associated primary CNS lymphoma due to their position to use expensive drugs and treatment.

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However, Asia-Pacific market looks attractive for AIDS associated primary CNS lymphoma treatment owing to increasing awareness among the people about the treatment availability. Considering the treatment types, HAART occupies the major market share among the other available treatments.

The institutes which are majorly involved in clinical research for AIDS associated primary CNS lymphoma treatments are the National Cancer Institute, National Institute of Allergy and Infectious diseases, AIDS Malignancy Clinical Trials Consortium, European Organization for Research and Treatment of Cancer and Eastern Cooperative Oncology Group.

AIDS – Related Primary CNS Lymphoma Market: Key Players

Some of the key players in global AIDS – related primary CNS lymphoma market are Fresenius SE & Co. KGaA, Amgen Inc., Dr. Reddy’s Laboratories Ltd., Cipla Inc., Celon Laboratories Limited among several others.

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

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

The report covers exhaustive analysis on

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

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AIDS – Related Primary CNS Lymphoma Market: Segmentation

AIDS – related primary CNS lymphoma market is classified on the basis of drug type, distribution channel and geography.

Based on the drug type, the global market for AIDS – related primary CNS lymphoma is segmented into the following:

  • Methotrexate
  • Thiotepa
  • Procarbazine
  • Temozolomide

Based on the distribution channel the global market for AIDS – related primary CNS lymphoma is segmented into the following:

  • Hospitals Clinics
  • Private Clinics
  • Retail Pharmacies and Drug Stores
  • e-commerce

Based on the geography the global market for AIDS – related primary CNS lymphoma is segmented into the following:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Japan
  • Middle East and Africa

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MRI Pulse Oximeters Market Dynamics, Research Insights, Trends Analysis and Outlook by 2028

Global sales of MRI pulse oximeters were valued at ~US$ 31.6 million in 2022, is predicted to increase at a CAGR of 2.5% to reach a valuation of US$ 36.5 Mn by 2028. As per the research findings of a new study by Future Market Insights (FMI), constant technological advancements in medical devices that target improved efficiency and convenience, have been sustaining the use of MRI pulse oximeters.

MRI Pulse Oximeters Market Size (2022) US$ 31.6 Mn
Sales Forecast (2028) US$ 36.5 Mn
Global Market Growth Rate (2022 to 2028) 2.5% CAGR
Share of Top 5 MRI Pulse Oximeter Manufacturers 50%

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A notable increase in the prevalence of chronic diseases has led to surge in the sales of high-end diagnostic machines, including those for MRI, and CT scanners, which in turn foster the demand for MRI pulse oximeters. Developed with non-magnetic components, MRI-compatible pulse oximeters have been gaining ground in early detection of critical congenital heart defects (CCHD) by accurately measuring the blood oxygen value of a newborn.

FMI study estimates that the MRI pulse oximeters market will register a CAGR of 2.5% during the given timeframe. High costs associated with MRI procedures have been creating a wave of reluctance among healthcare professionals and patients to adopt MRI pulse oximetry testing.

Wireless MRI Pulse Oximeters Capture Significant Shares

Aligning with the rapid development of state-of-the-art medical devices and technologies, market players continue to increase the production of wireless MRI pulse oximeters that need not be connected to MRI machines. Operated through infrared (IR) or Bluetooth technology, wireless MRI pulse oximeters have also witnessed higher innovations and investments as compared to wired variants. As 6 in 10 units of MRI pulse oximeters sold in 2021 are wireless, manufacturers are specifically focused in this category. Additionally, MRI pulse oximeters without monitor continue to account for greater revenue share over their counterparts, as they can be coupled with a wide range of monitors.

According to the study, while business growth strategies remained influenced by the increasing adoption of MRI pulse oximeters in hospitals, manufacturers are working towards capitalizing on diagnostic laboratories and ambulatory surgical centers for expanded customer base. Increasing patient visits in well-equipped laboratories for complete diagnosis of diseases has also led to realignment of these strategies.

Growth prospects of the MRI pulse oximeters market, as identified by the FMI study, are high in North America. Heavy investments in R&D activities on medical devices and technologies along with favorable reimbursement scenario in the region are likely to offer lucrative opportunities for the market players. In addition, manufacturers are viewing Asia Pacific from target market perspective, considering increasing healthcare expenditure and growing awareness of new medical devices in the region.

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Key Key Segments of MRI Pulse Oximeters Industry Research

MRI Pulse Oximeters Market by Product Type:

  • Wired MRI Pulse Oximeters
  • Wireless MRI Pulse Oximeters

MRI Pulse Oximeters Market by Modality:

  • Sensors with Monitors
  • Sensors without Monitors

MRI Pulse Oximeters Market by End User:

  • Hospitals
  • Diagnostic Laboratories
  • Ambulatory Surgical Centers

MRI Pulse Oximeters Market by Region:

  • North America MRI Pulse Oximeters Market
  • Latin America MRI Pulse Oximeters Market
  • Europe MRI Pulse Oximeters Market
  • East Asia MRI Pulse Oximeters Market
  • South Asia & Pacific MRI Pulse Oximeters Market
  • Middle East & Africa (MEA) MRI Pulse Oximeters Market

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Growth Of Telehandlers Market Is Likely To Grow At A Rate Of 4.4% By Volume Over The Assessment Period Of 2022-2030 | FMI

Future Market Insights (FMI) predicts that the global telehandlers market will increase by 4.7% annually in 2022, reaching a value of about US$ 4,210.6 Mn by the year’s end. The demand for telehandlers in infrastructure and construction development projects is increasing. Telehandlers are used by customers in the manufacturing, mineral processing, and mining industries. They have a wide range of applications and the ability to hold a variety of attachments.

The employment of telehandlers in material handling space with their versatility and safe technology is driving global sales, according to a new report by Future Market Insights (FMI). Telehandlers have evolved from basic landscaping and farming equipment to much more sophisticated construction equipment. Manufacturers of telehandlers invest heavily in R&D to develop and incorporate changes into their product line.

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Telehandlers are set to be the first machinery that can be deployed at operation sites for material handling without prior ground preparation due to their multipurpose features that allow them to perform the tasks of cranes, loaders, and access equipment in a variety of industries.

While the United States and Europe were early adopters of telehandlers, future growth will be dependent on demand from China, India, Brazil, the Gulf Cooperation Council, and countries with upcoming megaprojects.

Tech-driven performance and dependence in tandem with total cost of ownership (TCO) possess better value of money over long run.

End-users, seeking customized solutions at slightly higher price, will find value addition in telehandlers as overall machine expense and its utilization in projects will justify customers’ initial investment in the machinery.

Key Takeaways of Telehandlers Market Study

  • Worldwide sales of telehandlers to surpass US$ 6 Bn in 2030
  • Manufacturers to reap substantial gains from telehandlers having maximum lift height of 30′-60′
  •  ‘Electrification’ and ‘lightweighting’ to emerge as disruptive forces in global market
  • The US and Europe remain the most lucrative markets

“Telehandlers are equipped with an array of attachments including, jib and crane, pallet fork, tire handlers, and re-handling multi-purpose buckets, and these attachments are transforming continuously as the cab continues to explore potential application avenues,” says analyst at FMI.

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COVID-19 Impact on Telehandlers Market

The COVID-19 pandemic has had immediate repercussions on the global economic order and that effect goes across every industry, including construction. Worldwide construction growth has slumped to 0.5% CAGR from the expected 3.1% for 2022.

Constructional projects have been delayed, and manufacturing operations have been ceased due to nationwide lockdowns amid the COVID-19 crisis. With steep drop in operations in construction and manufacturing sites, demand for telehandlers has been severely affected.

Telehandlers Market – Competitive Intelligence

The global telehandlers market is highly consolidated with prominent players capturing about two-fifths of overall market value. Manufacturers are developing telehandlers armed with new features in an effort to lock in customers and achieve economies of scale. For instance,

  • JCB has rolled out its new telehandlers – Hydraload 555-210R – with rotating telescopic handler. The machine comes with maximum lifting height of 20.5 m and maximum lift capacity of 5.5 tons
  • Xtreme Manufacturing has introduced telehandlers that exhibit 17,000-pound capacity. The telehandlers are armed with the company’s novel modular cab design that allows them to be simply switched from open to enclosed, or vice versa, with an optional gear. This offers customers with enhanced flexibility while running telehandlers in several environments

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To Know More About Telehandlers Market:

A new market research report published by Future Market Insights (FMI) on the global telehandlers market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2022-2030. The report examines the telehandlers market through three different segments – maximum lift height, ownership, and region.

The telehandlers market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of telehandlers and product adoption across several end-use industries.

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

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Medical Physics Market Status, Growth Opportunity, Size, Trends, Key Industry, Business Opportunities, Demand and Global Analysis by Forecast 2022 – 2028

The global Medical Physics Market is expected to be worth US$ 4.74 billion in 2022, with a CAGR of 6.2% from 2022 to 2028. Market revenue is expected to reach $6.81 billion by the end of 2028.

Medical Physics Market Size (2022) US$ 4.74 Bn
Projected Market Value (2028) US$ 6.81 Bn
Forecast Market Growth Metrics (2022-2028) 6.2% CAGR
Hospitals Segment Market Share 35.4%

The global revenue of the medical physics market is expected to grow at a healthy 6.2% CAGR between 2022 and 2028, owing primarily to the expansion of the medical tourism sector and the expanding scope of diagnostics. Growing acceptance of nuclear medicine has also been cited as an important factor contributing to the positive growth outlook for the medical physics market.

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However, the report emphasises that a lack of skilled workers and a relatively poor healthcare infrastructure for medical physicist training in developing regional markets will continue to limit medical physics penetration in the long run.

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

With hospital consolidation, there is an increasing need for larger firms in the medical physics market to handle outsourced services in order to contract with fewer service providers. The medical physics market is characterised by the presence of small independent firms, with only a few large-scale operators. According to the report, this provides opportunities for private equity firms to enter the middle-market platform and scale up their medium-scale operations to large-scale operations by acquiring smaller firms.

Other factors driving mergers and acquisitions in the medical physics market include tightening regulations and an increasing number of owners looking to exit the business. Increasingly stringent regulations have necessitated the inspection of an increasing number of machines and associated components. Several healthcare systems are facing increased risks as a result of increasingly stringent regulations. This provides opportunities for medical physics companies to ensure compliance while lowering operational costs through outsourcing. Furthermore, the majority of medical physics firms are owned and operated by baby boomers who are about to retire from the medical physics industry. The majority of medical physics service providers who are retiring believe that selling their business is the best option.

Other trends in the medical physics market include increased outsourcing by healthcare providers, an increase in the number of independent diagnostic imaging centres, and technological advancements and adoption around the world.

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Segmental Insights: Medical Physics Market

  • Diagnostic modality, driven by increasing adoption of diagnostic procedures such as PET, SPECT, CT, and MRI, will continue to account for more than 65% share of the total medical physics market value.
  • Based on services, accreditation assistance is slated to remain dominant, followed by safety surveys. The report anticipates physics testing and regulatory and auditing services to emerge highly potential.
  • Following hospitals, diagnostic imaging centers are likely to register significant adoption rate in the medical physics market through 2027.

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

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

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Key Developments:

  • With a new edition of SmartSignals eConsent in April 2021, Signant Health increased electronic informed consent services and boosted capabilities. To fulfill the study needs of teams, SmartSignals eConsent solutions are available in three categories of functionality: silver, gold, and platinum. This method has improved the company’s existing product offering, resulting in revenue from its sale.
  • In January 2021, Parexel International Corporation teamed up with Signify Health to provide innovative technologies to improve clinical trial access and inclusion. This collaboration increased patient access to clinical trials by bringing studies to their homes and also identified key social determinants of health (SDoH) to help patients, caregivers, and resources connect.

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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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Western Europe Inflatable Tents Market Through The Forecast Period (2028) With A 7.9% Volume CAGR | FMI

Germany is a popular tourism destination in Western Europe. It is expected to remain one of Europe’s top markets in terms of both growth and production of Inflatable tents. Increase in outdoor camping activities in Germany is creating opportunity for sales of inflatable tents. The market in Germany is estimated to dominate the Western Europe inflatable tents market through the forecast period (2028) with a 7.9% Volume CAGR.

Popularity of inflatable tents has increased recently, mainly due to military and commercial uses. A 7.5% revenue growth year over year is anticipated for the inflatable tent market in 2019, which is expected to surpass US$ 750 million.

According to a recent intelligence study by Future Market Insights, developed markets, particularly the United States and Western Europe, will continue to account for the majority of the growth in the inflatable tents market. The report claims that in the upcoming years, the market for inflatable tents in Asia Pacific is about to experience a promising growth scenario.

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North America & Europe Make up for most of the Revenue in Inflatable Tents Landscape

The United States is the largest revenue generator in the global inflatable tents landscape, with over a million US-based families camping each year in recent years. On the other hand, Europe has a large millennial population that frequently plans adventure tours and camping activities, which directly encourages sales of gear like inflatable tents.

North America currently accounts for just under one-third of global revenue, which can be attributed to the growing application base in military and adventure tourism. In contrast, rising demand for inflatable tents for personal use is shaping the European market.

Segmental Analysis of Inflatable Tents Landscape

  • Based on the type of inflatable tents, self-erecting tents that are currently covering the most of market revenue share, continue to enjoy higher sales owing to their high convenience quotient. Hybrid tents on the flipside represent a lower value share in inflatable tents market.
  • On the basis of shape of inflatable tents, dome shaped tents continue to dominate over the coming years. However, tunnel shaped inflatable tents are likely to represent a higher incremental opportunity.
  • By end use of inflatable tents, military holds more than 50% share of the total market value at present, which is predominantly driven by storage and medical applications that attract substantial revenue to the military segment. An equal incremental opportunity is projected for both segments, i.e. military and personal by 2020.

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Key Insights Drawn from Competitive Landscape Analysis of Inflatable Tents Market

The global market for inflatable tents is a highly fragmented competitive landscape governed by a large number of small players, accounting for the lion’s share in the total revenue. The Tier 1 players include both private and public companies that have strong global presence; however, they account for a mere 25% share in the inflatable tents market value.

  • Regional players are taking concentrated efforts in strategizing brand management and promotion.
  • Consolidation of sales and distribution network is a priority for an enhanced market footprint.
  • Retail store expansion and strengthening of direct-to-consumer channel are emerging popular trends among manufacturers, especially regional brands.
  • The focus on inflatable tent sales through Ecommerce is zooming in with an objective of achieving maximum market penetration.
  • Price optimization is likely to be a priority for players looking forward to entering developing markets for inflatable tents.
  • Improved raw material and product quality through technological innovation is being increasingly considered as a key strategy for better RoI.
  • Beyond poly cotton, development of lightweight raw materials is attracting R&D interests of inflatable tent manufacturers.

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Global Inflatable Tents Market by Category

By Material Type :

  • PVC
  • Poly-Cotton
  • Nylon

By Type :

  • Self-Erecting
  • Hybrid

By Shape :

  • Dome
  • Tunnel
  • Geodesic

By End Use :

  • Military
  • Commercial
  • Personal

By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • MEA
  • APEJ
  • Japan

About Us:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 6-years.

Contact:
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