HIV Antivirals Market is projected to reach US$ 47.0 Billion by the end of 2032 | FMI

[300 Pages Report] The global HIV antivirals market is expected to be worth $30.6 billion in 2022, with a CAGR of 4.4 percent during the forecast period (2022-2032). According to a recent study, fixed-dose combinations (FDCs) will account for more than 83 percent of the HIV antivirals market in 2021.

According to Future Market Insights, the global HIV antivirals market was around US$ 29.4 Bn in 2021 and is expected to exhibit a CAGR of close to 4.4% over the forecast period (2022-2032).

The demand for HIV antivirals is increasing due to growing prevalence of HIV across the globe. For instance, according to the Joint United Nations Programme on HIV/AIDS (UNAIDS), approximately 37.7 million people were infected with HIV in the world in 2020.

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Market Outlook:

Data Points Market Insights
HIV Antivirals Market Value 2021dg US$ 29.4 Bn
Market Value 2022 US$ 30.6 Bn
Market Value 2032 US$ 47.0 Bn
CAGR 2022-2032 4.4%
Market Share of Top 5 Countries 64.8%

Further, demand for HIV antivirals will also surge amid surging rate of unprotected sex and the use of contaminated needles or syringes. As per the National Youth Risk Behavior Survey provided by the Centers for Disease Control and Prevention (CDC), 38% of the respondents had sexual intercourse, and 9% had four or more sexual partners in the U.S., during high school, in 2019.

Hence, key players are developing generic anti-HIV drugs at cost-effective prices to capitalize on growing demand. For instance, generic versions of Lamivudine, Abacavir, and Efavirenz are available in the U.S. at prices lower than their branded versions. This is expected to create lucrative opportunity for the generic HIV antivirals manufacturers to provide affordable medical facilities in low and middle-income countries.

Key Takeaways from Market Study

  • Fixed-dose combinations (FDCs) segment held over 83.2% market value share in 2021, owing to their ability to improve adherence to an HIV treatment regimen.
  • Hospital pharmacies are the leading sales channel of the HIV antivirals, with over 53% of the market share in 2021, and are anticipated to grow at a CAGR rate of 4. 5% in upcoming decade
  • North America is expected to dominate the global HIV antivirals market, holding a share of 38.7% in 2021.
  • India is expected to lead the growth in South Asia market owing to the growing cases of HIV in the country

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“With increasing awareness among the people about HIV causes and symptoms, the HIV antivirals market is set witness positive growth during the forecast period. Hence, key players are developing anti-HIC drugs vaccines to increase their revenue,” says an analyst of Future Market Insights.

Market Competition

Market players are expanding the business through collaborations, and increasing involvement in clinical trials as the key strategy with instances of key companies, such as Merck and Gilead, in order to improve their reach in the market and compete with other key players in forthcoming years. For instance:

  • In October 2021, Merck announced favorable results from two pivotal Phase 3 trials of the investigational, once-daily oral fixed-dose combination pill of doravirine/islatravir (DOR/ISL) in adults with HIV-1 infection.
  • In March 2021, Gilead announced the development and commercialization of long-acting, investigational treatment combinations of Lenacapavir and Islatravir in HIV in association with Merck.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the HIV antiviral market in its latest study, presenting a historical demand assessment of 2017 – 2021 and projections for 2022 – 2032.

The research study is based on the product – (fixed-dose combinations (FDCs), integrase strand transfer inhibitors (INSTIs), non-nucleoside reverse transcriptase inhibitors (NNRTIs), entry inhibitors – CCR5 co-receptor antagonist, protease inhibitors (PIs), nucleoside reverse transcriptase inhibitors (NRTIs), and others), by sales channel (hospital pharmacies, retail pharmacies, and online pharmacies) across seven key regions of the world.

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Key Players :

  • ViiV Healthcare
  • Gilead Sciences, Inc.
  • GlaxoSmithKline plc
  • Merck & Co., Inc.
  • Johnson & Johnson
  • Genetech, Inc.
  • Teva Pharmaceutical Industries Ltd.
  • AbbVie
  • Cipla
  • Pfizer Inc.
  • Mylan N.V.
  • Bristol-Myers Squibb Company
  • Boehringer Ingelheim International GmbH
  • Macleods Pharmaceuticals Ltd
  • Emcure Pharmaceuticals Limited
  • Aspen Pharmacare Limited
  • Lupin Ltd.
  • Sun Pharmaceutical Industries Ltd.
  • Theratechnologies Inc.
  • Strides Arcolab Limited
  • Hetero labs limited
  • Laurus Laboratories Ltd

Key Market Segments Covered in HIV Antivirals Market Research

By Product:

  • Fixed Dose Combinations (FDCs)
  • Integrase Strand Transfer Inhibitors (INSTIs)
  • Non-Nucleoside Reverse Transcriptase Inhibitors (NNRTIs)
  • Entry Inhibitors – CCR5 co-receptor antagonist
  • Protease Inhibitors (PIs)
  • Nucleoside Reverse Transcriptase Inhibitors (NRTIs)
  • Others

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

About FMI:

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

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Hemostatic Gels Market is expected to expand at a CAGR of 6.8% to reach US$ 1.9 Bn by 2032

As per Future Market Insights’ latest analysis, the global hemostatic gels market is estimated to reach a valuation of US$ 1 Bn in 2022, with sales projected to grow at a 6.8% CAGR over the forecast period. Against this backdrop, the market size will surpass US$ 1.9 Bn by 2032.

Increasing adoption of hemostatic gels during surgical procedures for blood loss management is spurring demand for effective hemostatic gels. Furthermore, rising prevalence of chronic diseases is necessitating the adoption of these gels. According to the Centers for Disease Control and Prevention (CDC), more than 45% of the population in the U.S. suffers from at least one chronic disease that requires surgical procedures.

Globally, around 2,000,000 people die from hemorrhage each year, out of which approximately 1,500,000 deaths are due to trauma injuries. Similarly, every year almost 60,000 people die in the U.S. due to hemorrhaging and blood loss. These figures indicate the need for hemostatic gels during surgical procedures to improve clinical outcomes.

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Key Takeaways:

  • Based on product type, sales of porcine-based hemostatic gels are expected to grow at a 5.7% CAGR through 2032.
  • In terms of indication, the cardiovascular surgery segment is expected to account for 33.1% of the total market share over the assessment period.
  • By end user, demand for hemostatic gels across hospitals will increase at a 5.4% CAGR during the forecast period.
  • The U.S. dominated the North America hemostatic gels market in 2021, holding 82% of the total market share.
  • Demand for hemostatic gels in India is forecast to grow at a 7.4% CAGR over the assessment period.
  • Sales in the U.K. hemostatic gels market are expected to increase at a 7.1% CAGR through 2032.
  • China will emerge as a lucrative pocket, with demand growing at an 8% CAGR over the forecast period.

“Rising adoption of effective hemostatic gels across various industries for the protection of the workforce is expected to fuel demand in the market. In addition to this, rising awareness regarding the usage of hemostatic gels for blood loss management across emerging economies will augment the growth in the market,” says an FMI analyst

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Competition Landscape

Key players operating in the hemostatic gels market are adopting strategies such as product launches, mergers & acquisitions, joint ventures, and R&D activities to improve their global presence. For instance:

  • In 2019, Baxter International, Inc. introduced Floseal Hemostatic Matrix, its new hemostatic agent. Floseal Hemostatic Matrix U.S.FDA approved and is used to stop bleeding during surgical procedures.
  • In 2021, Medcura, Inc. together with ASO LLC launched Rapid-Seal, a new class of antibacterial hemostatic gel. This product meets the market demand for a transparent gel that will be easily applied during surgeries.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the hemostatic gels market in its latest study, presenting a historical demand assessment of 2017 – 2021 and projections for 2022 – 2032.

Key Market Segments Covered In Hemostatic Gels Industry Research

By Material:

  • Bovine-Based
  • Porcine-Based
  • Polymer-Based

By Indication:

  • General Surgery
  • Dental Surgery
  • Veterinary Surgery
  • Cardiovascular Surgery
  • Orthopaedic Surgery
  • Others

By End-User:

  • Hospitals
  • Speciality Clinics
  • Veterinary Settings
  • Ambulatory Surgical Centers
  • Online Sales

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusions and Exclusions

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Development and Innovation Trends

4. Key Success Factors

Full TOC click Here

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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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Paediatric Spasticity Treatment Market is likely to register a CAGR of 10% from 2022-2032

[324 Pages Report] During the forecast period, the paediatric spasticity treatment market is expected to grow at a CAGR of 10%. Rising demand for combination products such as benzodiazepines, imidazole, and gamma-aminobutyric acid analogues is driving the global paediatric spasticity treatment market. Furthermore, demand for paediatric spasticity treatment is increasing as a result of increased awareness and investment in research and development.

Paediatric Spasticity Treatment: Market Insights
Paediatric Spasticity results due to damage of portion of brain or spinal cord which controls the voluntary movement. When paediatric spasticity occurs due to injury or disease, nerve signals do not reach muscles and continuously contract which causes stiffness and tightness which interfere with movement and speech. Several drugs are available to treat the Paediatric Spasticity, drugs are injected into the affected nerve or the muscle.
Physical therapy used to increase strength, improve muscle mobility and muscle coordination, use of braces, and electrical stimulation. Oral medication for treatment of paediatric spasticity is considered when spasticity symptoms gets adverse and start affecting daily muscle functioning. According to estimates from CDC’s Autism and Developmental Disabilities Monitoring (ADDM) Network, about 1 in 323 children has been identified with Cerebral Palsy and most (77.4%) of the children identified with CP had spastic CP. 
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Paediatric Spasticity Treatment: Market DynamicsIncreasing awareness, growing research and development for drug development drive the market of paediatric spasticity treatment in the near future. Changing lifestyle, developing new and innovative technology, improving healthcare infrastructure is expected to fuel the paediatric spasticity treatment market in the forecast period. Launch of novel therapeutics and growing per capita income in the emerging economies such as China, Brazil is further drive the paediatric spasticity treatment market.Despite many factors which drive the global market for paediatric spasticity treatment, various factor which might hinder the growth of paediatric spasticity treatment market include high cost of treatment and low awareness in under developed and developing countries and rigorous regulations for the approval of drug. 

Paediatric Spasticity Treatment: Overview

Advancement and development of new therapeutic treatment and growing clinical trials for the paediatric spasticity treatment creates huge opportunity for the paediatric spasticity treatment market to grow in the forecast period. Collaboration and partnership among major players for developing new drugs, increasing funding for the research will drive the market of paediatric spasticity treatment in near future. For instance, in august 2016, FDA Approved Ipsen’s Dysport (abobotulinumtoxina) injection for the treatment of lower limb spasticity in children aged two and older.

Paediatric Spasticity Treatment: Region-wise Outlook

The North America is expected to contribute to a major share in the global paediatric spasticity treatment, owing to increasing population, increasing number of screening procedures, presence of major manufacturers and growing clinical trials. Well-developed healthcare facilities and government funding for drug development further drive the market for paediatric spasticity treatment. Europe contributes for the second largest share with significant growth in the global paediatric spasticity treatment market owing to technological advancement in the treatment coupled with growing adoption of new treatment.

Asia Pacific market is primarily driven by the factors such as growing prevalence, increasing population, growing awareness of new treatment options. China is expected to register rapid growth in the paediatric spasticity treatment market, due to large patient pool, availability of new drugs for the paediatric spasticity treatment. Latin America and Middle East & Africa are projected to show sluggish growth in paediatric spasticity treatment market, due to less awareness, lack of adequate healthcare facilities and less developed infrastructure.

Pediatric Spasticity Treatment: Key Players

Some of the key players present in the global pediatric spasticity treatment market are Allergan plc, Ipsen Biopharmaceuticals, Inc., Almirall, S.A, Piramal Critical Care, Inc., Genentech, Inc, Sanofi, Saol Therapeutics, US WorldMeds, LLC among others.

The report covers exhaustive analysis on,

  • Pediatric Spasticity Treatment Market Segments
  • Pediatric Spasticity Treatment Market Dynamics
  • Historical Actual Market Size, 2012 – 2016
  • Pediatric Spasticity Treatment Market Size & Forecast 2016 to 2024
  • Pediatric Spasticity Treatment Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Pediatric Spasticity Treatment Market Drivers and Restraints

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Regional analysis includes

  • North America
  • Latin America
  • Europe
  • Asia Pacific Excluding China
  • China
  • Middle East & Africa
Pediatric Spasticity Treatment: Segmentation 

The global Pediatric Spasticity Treatment market is segmented on basis of drug type, distribution channel and geography.

Segmentation by Drug Type

  • Baclofen or Muscle Relaxants
  • Botox
  • Intrathecal Baclofen
  • Clonazepam
  • Diazepam
  • Tizanidine
  • Others

Segmentation by Route Of Administration

  • Oral
  • Injectable

Segmentation by Distribution Channel

  • Hospitals Pharmacies
  • Drug Stores
  • Retail Pharmacies
  • Mail Order Pharmacies

About FMI:

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

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Medical Billing Outsourcing Market to cross US$ 23.4 Bn by 2032 | FMI

[250 Pages Report] The Medical Billing Outsourcing Market revenues were estimated at US$ 11.1 Bn in 2021 and is anticipated to grow at a CAGR of 16% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 55.6 Bn.

The covid-19 epidemic has had a positive impact on the growth of the medical billing outsourcing industry. It is due to the expanding influence of technology in the healthcare business, which has traditionally relied on localized healthcare systems. The pandemic has accelerated market growth by accelerating digital development in a variety of industries, including healthcare.

The pandemic has highlighted the significance of adopting proactive actions and establishing a strong, extendable, collaborative, and reactive digital healthcare infrastructure. As a result, in order to enhance market development, numerous organizations are adopting methods such as digitization and outsourcing of all non-core areas of their operations, such as invoicing and accounting. The rapid move to digital billing is directly related to the growing demand for the medical billing outsourcing market.

Key Takeaways from the Market Study

  • Medical Billing Outsourcing Market was valued at US$ 11.1 Bn in 2021. According to Future Market Insights, Medical Billing Outsourcing Market revenue would increase 4.4X between 2022 and 2032, reaching roughly US$ 55.6 Bn in 2032.
  • In terms of Component, the Outsourced segment accounts for the highest projected CAGR of over 15.6%.
  • In terms of End-Use, the Hospital accounts for the highest projected CAGR of over 17.1%.
  • US is the dominant region in the Medical Billing Outsourcing Market with an expected absolute dollar growth opportunity of US$ 18.4 Bn during 2022 – 2032.

“During the projected period, the rise in the number of hospitals in terms of end-use can become a key driver towards raising the medical billing outsourcing market revenue.” comments a Future Market Insights analyst.

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Competitive Landscape

The medical billing outsourcing market is very competitive, with numerous medium, and small businesses fighting against one another. Mergers, partnerships, and acquisitions are some of the key business methods used by corporations to increase their market share.

Some of the key medical billing outsourcing service providers include R1 RCM Inc., Cerner Corporation, Allscripts Healthcare Solutions Inc., Experian Information Solutions Inc., eClinicalWorks LLC, Athenahealth, Quest Diagnostics, Promantra Inc., AdvancedMD, Inc., Kareo, Inc., and McKesson Corporation.

Some of the key developments in the global medical billing outsourcing industry are:

  • In March 2022, Omega Healthcare, a prominent healthcare management services and solution firm, acquired Reventics, a revenue cycle management solution developer which delivers provider engagement solutions to increase physician reimbursement & compliance.
  • In July, 2021, R1 RCM Inc., a supplier of technology-driven solutions that enhance healthcare providers’ patient experiences and financial performance, announced the completion of its purchase of VisitPay, a digital payment solution provider. The purchase integrates VisitPay’s customer payments infrastructure with R1’s leading patient access technology, allowing providers to offer their patients a smooth financial journey

Market Segments Covered In Medical Billing Outsourcing Market Analysis

By Component:

  • In-house Medical Billing
  • Outsourced Medical Billing

By Service Type:

  • Front End
  • Middle End
  • Back End

By End-use:

  • Hospital
  • Physician Office
  • Other End-uses

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More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Medical Billing Outsourcing Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in Medical Billing Outsourcing Market across in terms of Component (In-house, Outsourced), Service Type (Front End, Middle End, Back End), End-Use (Hospital, Physician Office, Other End-uses) across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

About FMI:

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

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Molded Wood Pallets Market to Witness an Outstanding Growth by 2031

The molded wood pallets market is expected to witness a soaring growth in 2021 with worldwide revenues up 3.4% year over year. A new forecast by FMI estimates that molded wood pallets revenues will nearly double between 2021 and 2031, reaching nearly US$ 4.5 billion in 2031 at a ten-year compound annual growth rate (CAGR) of 5.8%

The demand for molded wood pallets in Canada is estimated to increase by nearly 5.1% year on year in 2021, while total sales will reach a valuation of US$ 183.2 million.

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Molded wood pallets are sanitized during the molding process and meet the most stringent phytosanitary regulations such as ISPM-15 for export. As food and pharmaceutical companies are diligent about using pallets free of contaminants, the study finds that capitalizing on these companies will work to the advantage of molded wood pallets manufacturers.

One of the key growth drivers is manufacturers’ efforts to use significant amount of wood waste as raw materials that would otherwise end up in landfills. Further, adoption of environmentally responsible manufacturing process that consumes less energy, helps take a step closer towards sustainability goals for many industries. However, molded wood pallets are designed for limited reuse and are not reparable. Manufacturers are thus paying attention on potential methods to assist in avoiding landfills when the products have exceeded their useful life.

Although full-sized molded wood pallets continue to witness robust sales with approximately 60% revenue share in the market, manufacturers are working on increasing the production of half-sized pallets that enhance efficiency and reduce costs for shippers of smaller loads. The study opines that small-scale companies will benefit from half-sized pallets, as the use of recycled full-sized pallets burdens them with more pallet space and weight than necessary. Moreover, half-sized, nestable molded wood pallets are likely to account for relatively large share of the market players’ bottom lines in the future.

According to the study, opportunities abound for market stakeholders in logistic & transportation sector, on account of increasing industrial activities along with rapid proliferation of trade agreements among various countries. Recognizing the recent developments in manufacturing and construction industries, manufacturers are likely to explore newer opportunities, with ‘sustainability’ at the forefront of attracting attention. Aligning with evolving end users’ trends and upgrades in regulatory norms also remains an important focus area of the manufacturers.

Growth prospects of the molded wood pallets market, as identified by the study, are high in EU5. Higher concentration of players in the region and their efforts to push sales and distribution through online channels are emerging as a strategic move. Further, Asia Pacific, particularly eastern region, is expected to represent higher incremental opportunities, backed by hefty investments in industrial sectors in recent years, which has primarily influenced the adoption of pallets.

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Top Key Players Covered-

Litco International Inc,, Millwood, Inc,, Snyder Industries, Inc,, Custom Equipment Company Inc,, The Nelson Company,, Beacon Industries Ltd,, NKA Paletten GmbH,, Brambles Ltd,, Engelvin Bois Moule S.A,, Nefab Group,, Presswood International BV,, ENNO Marketing Pvt Ltd,, CABKA Group GmbH,, Schoeller allibert services b.v,, Loscam Australia pty ltd,, Craemer GmbH,, Kronus Group,, Linyi Kunpeng Wood Co., Ltd,, JP Pallets,, Taik Sin Timber Industry Sdn Bhd

Key Points Covered in Molded Wood Pallets Market

  1. Market estimates and forecast 2014-2031
  2. Key drivers and restraints impacting market growth
  3. Segment-wise, Country-wise, and Region-wise Analysis
  4. Competition Mapping and Benchmarking
  5. Market Share Analysis
  6. Key Product Innovations and Regulatory Climate
  7. COVID-19 Impact on Molded Wood Pallets and How to Navigate
  8. Recommendation on Key Winning Strategies

Molded Wood Pallets Market by Category

By Product Type:

  • Nestable/Stackable
  • Rackable Pallets

By Size:

  • Quarter Size Pallet
  • Half-size Pallet
  • Full-size Pallet

By End Use:

  • Manufacturing
  • Food & Beverages
  • Chemicals
  • Automotive
  • Pharmaceuticals
  • Others
  • Logistics & Transportation
  • Building & Construction

By Region:

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

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 10-years.

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Therapeutic Drug Monitoring Market is expected to record a CAGR of 9.7% from 2022 – 2032

[250 Pages Report] The therapeutic drug monitoring market is anticipated to witness an opulent growth with a phenomenal CAGR of 9.7% during the forecast period, up from US$ 1.5 Billion in 2020 to reach a valuation of US$ 2.9 Billion by 2026.

Due to a reasonable surge in organ transplant surgeries, the sales of therapeutic drug monitoring are also rapidly increasing. Owing to the rising preference for precision medicine, the demand for therapeutic drug monitoring is accelerating.

Precision medicine picks treatments that are fully suitable to the patient’s ailment and medical history. Oncology has experienced the most development, although this technique extends into all disease areas.

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Key Takeaways

  • Increasing research and development in the industry is projected to have a major contribution to the growth of the therapeutic drug monitoring market share.
  • The major trends promoting the therapeutic drug monitoring market include precision medicine. It is a field of disease treatment that is getting a lot of attention. This type of treatment considers individual differences in surroundings, genes, and lifestyles.
  • Precision medicine treatment is gaining a lot of attention and is now being tried in various situations. It intends to transform pharmacotherapy in oncology and other disease areas. With the potential to make a significant contribution to the advancement of the healthcare industry, precision medicine treatment deploys a unique approach to patient care.
  • Cancer patients are getting the treatment based on a combination of medicines which relies on studies of the patient’s factors such as systems biology, tumor analysis, and gene expression data in the absence and presence of pharmacological disruption.
  • The global therapeutic drug monitoring market showed significant growth over the last few years and is projected to grow at a robust CAGR during the forecast period.
  • The sales of therapeutic drug monitoring are driven by several key factors including an ageing population with better health care services, increasing demand for genetic testing, increased government and private sector participation in therapeutic drug monitoring markets, rise in drug profiling.
  • Therapeutic drug monitoring stems from clinical chemistry and clinical pharmacology. Its primary objective is to maintain the drug concentration levels in the body fluids within the particular therapeutic range. By individually adjusting the drug dosage therapeutic drug monitoring aims to refine patient care for better outcomes.

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Competitive Landscape

Roche Diagnostics, Coulter, BioRad, OraSure Technologies, and BioChem Pharmaceuticals are some of the key companies profiled in the full version of the report.

The report comprises key players contributing to the therapeutic drug monitoring market share. It also consists of organic and inorganic growth strategies adopted by market players to improve their market positions. This exclusive report analyses the competitive landscape and therapeutic drug monitoring market share acquired by players to strengthen their market position.

More Insights into the Therapeutic Drug Monitoring Market

On the basis of regions, the therapeutic drug monitoring market is segmented into seven key regions namely: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.

The North American region is anticipated to dominate the therapeutic drug monitoring market by accounting for the maximum sales in the global market.

A reasonable surge can be witnessed in the sales of therapeutic drug monitoring, but a slight decline was seen in the annual growth rate. As per FMI reports, the demand for therapeutic drug monitoring is expected to surge as the market evolves in the future.

The numerous advantages showcased by therapeutic drug monitoring get appreciated in the established markets and as the techniques and products appear in the emerging market. Moreover, the emerging economies have also started showing a positive inclination as the demand for therapeutic drug monitoring increases.

Technological advancements and a significant rise in the disease population, all over the world are rising the demand for therapeutic drug monitoring as it is rapidly being accepted as a method of choice among patients.

In order to improve diagnostic offerings and increase the sales of therapeutic drug monitoring companies are increasing their research and implementing therapeutic drug monitoring strategies.

The sales of therapeutic drug monitoring are expected to touch the skies throughout the forecast period of 2022-2032 by making alterations to new and more stringent regulations and improvements in diagnostic technologies, automation, and system engineering.

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Key Market Segments:

By Product

  • Equipment
  • Consumables

By Technology

  • Immunoassays
  • Radioimmunoassays
  • Colorimetric Immunoassays
  • Other Immunoassays
  • Chromatography-Mass spectrometry

By Drug Class

  • Antiepileptic Drugs
  • Antiarrhythmic Drugs
  • Immunosuppressant Drugs
  • Antibiotic Drugs
  • Bronchodilator Drugs
  • Psychoactive Drugs
  • Other drug classes

By End Users

  • Commercial/Private Labs
  • Hospital Labs
  • Other End Users

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Table of Content
1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

    3.2. Scenario Forecast

    3.3. Opportunity Map Analysis

4. Global Therapeutic Drug Monitoring Market Analysis 2017-2021 and Forecast, 2022-2032

    4.1. Historical Market Size Value (US$ Mn) & Volume (No. of Tests) Analysis, 2017-2021

    4.2. Current and Future Market Size Value (US$ Mn) & Volume (No. of Tests) Projections, 2022-2032

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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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BOPET Packaging Films Market Prospects and Growth Assessment 2029

The global BOPET packaging films market is projected to increase from a valuation of US$ 6.8 Bn in 2022 to US$ 9.9 Bn by 2029.

Future Market Insights delivers vital insights on the BOPET packaging films market, in its published report titled, ‘BOPET Packaging Films Market: Global Industry Analysis 2014-2021 and Opportunity Assessment 2022-2029’. In terms of revenue, the global BOPET packaging films market is projected to expand at a CAGR over 5.5% during the forecast period, owing to numerous factors, regarding which, FMI offers thorough insights and forecasts in this report.

The global BOPET packaging films market has been segmented on the basis of thickness, applications, and end-use industries. The global BOPET packaging films market is expected to expand 1.8x in terms of market volume by the end of 2029.

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BOPET Films Gaining Ground in High-quality Graphic Packaging Applications

BOPET packaging films are oriented films, predominantly used in the packaging of products in various end-use industries such as food & beverages, electrical & electronics, pharmaceuticals, and cosmetic & personal care products, among others. BOPET packaging films cater to a wide range of applications. These films can be used for manufacturing bags & pouches, wraps, laminates, labels & tapes.

Food remains the most prominent end-use industry for BOPET packaging films. Packaging of fresh produce, meat, confectionery, and dairy products all use BOPET packaging films. BOPET packaging films remain stable through printing and laminating processes. This makes them desirable for high-quality graphic packaging applications.

Competition in Asia’s BOPET Films Market Pacing

Geographically, East Asia holds more than one-fourth of the global BOPET packaging films market and is expected to maintain its prominence in the global market. China is one of the leading producers & consumers of BOPET packaging films and accounts for more than one fifth of the global market. Among the South Asian countries, India has emerged as one of the key markets for BOPET packaging films.

Key players in the Asian market such as Jindal Poly Films, Uflex Ltd., Polyplex Corporation Ltd., and others are expanding their production capacities to keep pace with the global demand. Owing to the presence of several organized & unorganized players, the Asian BOPET packaging films market has emerged as a highly competitive market and is expected to expand at a substantial rate during the forecast period.

Which Region Holds High Revenue-Generating Opportunities for BOPET Packaging Film Suppliers?

“Rise in Demand for Flexible Food Packaging Films Driving Market Expansion in Europe”

Europe represents a significant incremental opportunity for BOPET packaging film suppliers. This can be attributed to growing demand for packaged & processed food in the region. Excellent sealing properties and heat resistance make flexible food packaging films a preferred choice for manufacturing labels & tapes.

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Competitive Landscape

The global BOPET packaging films market is considered a fragmented space due to the presence of several regional players. Leading manufacturers of BOPET packaging films are enhancing their production capacities and investing in their existing production facilities to strengthen their foothold in the global market.For instance, 

  • In February 2020, Jindal Poly Films sanctioned US$ 99.4 Mn investment for the development of its company’s activities in India, including the addition of a BOPET film line and BOPP film line.

Key Segments of BOPET Packaging Films Industry Survey

BOPET Packaging Films Market by Thickness:

  • Below 15 Micron BOPET Packaging Films
  • 15-30 Micron BOPET Packaging Films
  • 30-50 Micron BOPET Packaging Films
  • Above 50 Micron BOPET Packaging Films

BOPET Packaging Films Market by Application:

  • Labels
  • Tapes
  • Wraps
  • Bags & Pouches
  • Laminates

BOPET Packaging Films Market by End-use Industry:

  • Food
    • Meat
    • Fresh Produce
    • Confectionery
    • Dairy
    • Others
  • Beverages
  • Cosmetics & Personal Care
  • Electrical & Electronics
  • Pharmaceuticals
  • Other Industrial

BOPET Packaging Films Market by Region:

  • North America BOPET Packaging Films Market
  • Latin America BOPET Packaging Films Market
  • Europe BOPET Packaging Films Market
  • East Asia BOPET Packaging Films Market
  • South Asia & Pacific BOPET Packaging Films Market
  • Middle East & Africa (MEA) BOPET Packaging Films Market

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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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Straw Market Is Set to Experience Revolutionary Growth by 2029

The global Straw Market stands at a net worth of US$ 18.1 Bn in 2022, and is predicted to rise at a CAGR of 5.9% over the forecast period to attain a valuation of US$ 26.5 Bn by 2029.

The recent past has observed significant increase in the number of foodservice restaurants. This would remain among the leading factors driving consumption of straws at a global level. The mass shift in preference from plastics to recyclable and biodegradable material alternatives has been the key trend shaping straw sales. On the back of these factors, the Straw Market is projected to expand at a strong CAGR of nearly 5.9% during the forecast period (2022 – 2029).

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Paper has been witnessing solid rise in demand as an eco-friendly, sustainable alternative to single use plastic, which indicates a massive opportunity for paper straws in the near future. Currently, plastic straws and paper straws collectively account for the most of global market revenues.

Key Takeaways – Straw Market Study

  • Plastic straws are the most common trash item found in ocean. To overcome this and decrease the consumption of plastic straws, various manufacturers are offering recyclable, reusable, and compostable straws
  • Increasing number of bars and lounges, restaurants, and quick service restaurants is intensifying consumption of straws
  • Brand owners are investing in marketing and branding of products, which are expected to gain consumers’ attention
  • Straw manufacturers are collaborating to produce custom-made straws with logos and taglines for marketing as well as branding
  • To eliminate the usage of single-use plastic straws, foodservice companies and brand owners such as McDonald’s and Starbucks are using paper and bio-based straws

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E-catering and Online Foodservice Platforms to Propel Straw Market Growth

Online foodservice platforms are providing convenient delivery at low costs, along with efficient packaging solutions, which is fueling worldwide sales of straws. Changing consumption pattern from offline to online sales channel in the F&B industry is anticipated to drive the straw market growth. Increasing number of fast food outlets and restaurants are also anticipated to create huge demand for straws in coming years.

Straw Market – Key Trends Shaping Competition

Manufacturers in the straw market are adopting collaboration strategy to expand their global reach. Leading players are offering wide range of options for straw consumers, such as collapsible straws, biodegradable straws, recyclable straws, reusable straws, and straw (Hay) straws.

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 10-years.

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Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

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T: +1-845-579-5705

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Protein Crystallization and Crystallography Market Size to be worth US$ 2.23 Bn by 2028

[250 Pages Report] The global protein crystallization and crystallography market is estimated to reach US$ 2.23 billion in 2028. Proteins are the organic macromolecules that are composed of long chain of amino acids. Protein crystallization and crystallography is the process for the formation of small protein crystals. This process is widely used by industrial and scientific purposes. Proteins normally functions in aqueous environments thus protein crystallization process is generally carried out in water.

The main goal behind protein crystallization and crystallography is to develop well ordered protein crystals that overcome the inherent fragility of protein molecules.  Many factors such as purity of proteins, concentration of proteins, pH, temperature of medium, additives (buffers) and precipitation (such as ammonium sulfate and polyethylene glycol) may influence the process of protein crystallization and crystallography.

The major factor influencing the market growth of protein crystallization and crystallography market is the development of new technologies. The factor enables to develop new area of advancements for this market and hence drives the growth of protein crystallization and crystallography market. In addition, increasing need for high resolution information on protein structures will further drive the growth of crystallization and crystallography market.

The other factor that stimulates the growth of crystallization and crystallography market includes increasing government grants and research and development activities in the biotechnological and pharmaceutical industries which demand the utilization of crystallization and crystallography techniques. Furthermore, emergence of advance technologies like X-ray-free electron lasers in protein crystallization and crystallography market increases the number of users and drives the market growth.

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However, lack of skilled and knowledgeable personnel to operate this technique will restrain the growth of this market. In addition, high cost and time consuming method further restrains the growth of protein crystallization and crystallography market. Moreover, protein crystallization method is limited to specific types of protein molecules that will also restrain the growth of protein crystallization and crystallography market.

Geographically, North America accounts for the largest market of protein crystallization and crystallography. Presence of large number of pharmaceutical and biotechnologies companies coupled with increasing research and development activities in North America will help this region to hold strong position in the market. Europe is considered as the second largest market for protein crystallization and crystallography.

The growth in Europe is mainly attributed to positive initiatives from European government coupled with increasing acceptance of protein crystallization and crystallography among people. In addition, Asia-Pacific countries such as India and China are the emerging regions for the global protein crystallization and crystallography market due to increasing investment by pharmaceutical and biotechnology companies in this region.

The major players competing in protein crystallization and crystallography market are Hampton Research, Molecular Dimensions Ltd., PerkinElmer, Inc., GE Healthcare Life Sciences, Danaher Corporation, Bruker Corporation, Agilent Technologies, Inc., Hampton Research, Jena Bioscience, Rigaku Corporation, Formulatrix, Inc., MiTeGen LLC, Bruker Corporation and others.

This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product types and distribution channels.

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Table of Content

Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Supply Chain Analysis

3.5.1. Supply Side Participants and their Roles

3.5.1.1. Producers

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

3.5.1.3. Wholesalers and Distributors

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

3.5.3. List of Raw Material Suppliers

3.5.4. List of Existing and Potential Buyer’s

3.6. Investment Feasibility Matrix

3.7. Value Chain Analysis

3.7.1. Profit Margin Analysis

3.7.2. Wholesalers and Distributors

3.7.3. Retailers

3.8. PESTLE and Porter’s Analysis

3.9. Regulatory Landscape

3.9.1. By Key Regions

3.9.2. By Key Countries

3.10. Regional Parent Market Outlook

3.11. Production and Consumption Statistics

3.12. Import and Export Statistics

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 9-years.

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Plastic Jar Packaging Market Share and Growth Factors Impact Analysis 2031

Plastic jars are ideal choice for storing chemical solvents and pharmaceutical items as they have high chemical resistivity, lightweight, and are easy to use. Witnessing passive expansion at an average 2.9% yearly rate, the global market revenues for plastic jar packaging are projected to surpass the US$ 26.314 billion mark by 2031 end.

Plastic jar packaging market will register elevated demand during the pandemic, as the need for safety has made plastic an essential item in chemical and biomedical applications.

Future Market Insights in its latest report projects that the plastic jar packaging market will grow at around 2.7% CAGR during the forecast period. Plastic jar packaging market valuation grew by 9% in 2021 with pharmaceutical industries experiencing tremendous demand from the pandemic.

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Among a wide range of market segments based on the capacity of plastic jars, those with less than 10 oz. will remain dominant in terms of market share, according to the report.

some of the most prominent, active competitors in the global plastic jar packaging landscape, including

  • Alpha Packaging Inc.,
  • Ontario Plastic Container producers Ltd.,
  • Cospak Pty Ltd.,
  • Gepack Srl,
  • Amcor Limited,
  • Berry Global Inc.,
  • Gerresheimer AG,
  • Olcott Plastics, Inc.,
  • RPC M&H Plastics Ltd.,
  • All American Containers, Inc.,
  • Tim Plastics, Inc.,
  • Pretium Packaging, LLC,
  • Integrity Cosmetic Container Industrial Co., Ltd.,
  • Silgan Holdings Inc.,
  • Taral Plastics, Inc.,
  • SKS Bottle & Packaging, Inc.,
  • Neville and More Ltd., Ltd.
  • Plasmo Pty Ltd,
  • Zenith Global Ltd,
  • Thornton Plastics Co., and
  • Rayuen Packaging Co., Limited among others.

Increasing consumer inclination toward controlled portion intake, as concluded in the report, will account for sustained popularity of smaller sized plastic jars, i.e. of capacity – less than 10 oz. in the forthcoming years.

End-use Manufacturers Still Prefer Plastic Jar Packaging Solutions

In the report, FMI suggests that the emergence of plastic jar packaging as lightweight, secure, impact-resistant, durable, and cost-effective solution will create significant demand from various end-use industries during the forecast period.

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Moreover, food and beverages industry currently is the most lucrative end user, registering maximum consumption of plastic jars for packaging.

Developed Regions Spearhead Global Market, High Processed Food Consumption to Drive Emerging Markets

While North America represents just-under 1/4th of the global market value at present, the ever-growing demand for effective and efficient packaging formats is likely to drive innovation in the plastic jar packaging industry in the region.

Europe’s market for plastic jar packaging will however receive strong support from the thriving end-use industries, particularly F&B, pharmaceuticals, and cosmetics & personal care. Effective regulatory framework of European authorities will also remain an important factor shaping the plastic jar packaging market across Europe, as suggested by the report.

Key Segments Covered in Plastic jar packaging Market Study

By Material Type:

  • Polyethylene Terephthalate (PET)
  • Polyethylene (PE)
  • Low-Density Polyethylene (LDPE)
  • High-Density Polyethylene (HDPE)
  • Polyvinyl Chloride (PVC)
  • Polypropylene (PP)
  • Polystyrene (PS)
  • Others (polycarbonate, polylactide etc.)

By Capacity:

  • Less than 10 Oz
  • 11 – 30 Oz
  • 31 – 60 Oz
  • More than 61 Oz

By End Use:

  • Food and Beverages
  • Personal Care & Cosmetics
  • Homecare
  • Pharmaceuticals
  • Chemicals
  • Others

Region:

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

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Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Product Evolution Roadmap

1.5. Analysis and Recommendations

  1. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Development Trends

  1. Key Success Factors

4.1. Product Adoption

4.2. Product USPs

4.3. Strategic Promotional Strategies

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 10-years.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

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T: +1-845-579-5705

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