Drug Discovery Services Market Size to be worth USD 50.9 Bn by 2032

The global demand for drug discovery services market is expected to rise at a 14.5% CAGR to acquire a valuation of US$ 50.9 Bn by the end of forecast period 2022-232. The global drug discovery services market size was valued at US$ 15.5 Bn in 2021 and is projected to reach a valuation of US$ 32 Bn by 2026

The global drug research services industry is booming as a result of increased funding for research and innovation in a multitude of segments. The drug discovery process is a significant part of the pharmaceutical sector. The study on drug discovery services market finds that the efforts of researchers towards the development of new drug prototypes have popularized outsourcing of drug discovery services. Moreover, growing spending on research and the development of novel medications for the treatment of deadly diseases and disorders has stimulated the demand for drug discovery platform. Pharmaceutical and biopharmaceutical businesses are opting for seamlessly engaged and multifunctional solution providers for drug discovery research, from the developing phase to the late testing stages. Emerging trends in drug discovery services market portends that pharmaceutical companies opt for outsourcing as a key choice to offset the shortage of in-house manpower required for new product development, as pharmaceutical businesses face great pressure to reduce overhead costs.

Restrictive laws regulating drug research and animal testing are projected to limit drug distribution to some extent. Drug discovery service organizations are facing restrictions due to a limitation of trained employees. The use of animals in pharmaceutical research is governed by strict laws. Mice, rats, fish, amphibians, and reptiles are the most common animals utilized in scientific studies. Considerations over the ethical use of animal experimentation have prompted countries to enact animal safety and use statutes, which raises a number of impediments to the future of drug discovery services market.

The drug discovery trends indicate that Biologics, such as proteins, peptides, and monoclonal antibodies, account for more than half of the therapeutic possibilities in the initial cycle. In 2022, biologics are estimated to make up for approximately half of the income earned by the top 100 pharmaceutical drugs. As per the global market study on drug discovery services, they provide the drug discovery services market with highest growth potential through the forecast period.

Despite the fact that small-molecule pharmaceutical companies monopolize the global pharmaceutical market, players working with biologics, biosimilars, and large-molecule drugs are tapping into the drug discovery services market opportunities primarily to introduce new biologic-based treatments and rising revenue from current biologics.

All-in-all, the drug discovery services market is expected to reach a valuation of US$ 32 Bn by 2026.

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Key Takeaways

  • The drug discovery services market is divided into two types–chemistry and biology services. In 2020, the chemistry drug discovery services category held the greatest proportion of the market.
  • Small molecules are expected to occupy the largest share of revenue when compared to biologics. Drug discovery statistics specify that small molecules are expected to generate more than US$ 10,800 million in revenue by the end of 2026.
  • The oncology category is predicted to have the leading position, owing to the increasing number of cancer patients around the world.
  • In comparison to other innovative drug discovery services, Hit-To-Lead identification is expected to acquire the most traction.
  • As the most revenue generating phase, several CROs are already delivering Hit-to-lead identification services to pharmaceutical corporations.

“The Asia Pacific drug discovery services market growth is anticipated to be the highest during the projected duration, owing to expansions happening in the pharmaceutical and biopharmaceutical industry. A high proportion of contract research organizations (CROs), government incentives, high research and development in pharmaceutical industry, and the involvement of less restrictive standards for drug discovery programs (particularly in terms of using animals for research) across several APAC countries are some drivers sustaining the healthy growth of the drug discovery services market.”, opines a seasoned FMI analyst.

Competitive Landscape

The COVID-19 pandemic highlighted the importance of outsourcing drug discovery services for companies and research groups in North America. These companies are now working together with the government to facilitate the drug discovery process.

  • Existencia, a business using artificial intelligence in drug discovery, announced a collaboration with Diamond Light Source and Scripps Research on March 31, 2020, to identify COVID-19 antiviral treatments.
  • Samsung Biologics, a South Korean pharmaceutical business, has signed a long-term partnership with Eli Lilly and Company to develop bamlanivimab, an investigational COVID-19 virus-neutralizing antibody.

Genesis Therapeutics and Genentech announced a multi-target drug discovery AI partnership in November 2020. Genesis’ graph machine learning and drug discovery skills will be used in this cooperation to identify novel drug candidates for therapeutic targets in a variety of illness domains.

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Key Segment

By Process:

  • Target Selection
  • Target Validation
  • Hit-to-Lead Identification
  • Lead Optimization
  • Candidate Validation

By Type:

  • Chemistry Services
  • Biology Services

By Drug Type:

  • Small Molecules Drugs
  • Biologics Drugs

By Therapeutic Area:

  • Neurology
  • Infectious and Immune System Diseases
  • Digestive System Diseases
  • Oncology
  • Other Therapeutic Area

By End User:

  • Pharmaceutical & Biotechnology Companies
  • Academic Institutes
  • Manufacturing
  • Other End Users

By Region:

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

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Cold Disposable Biopsy Forceps Market Is Expected to reach USD 1,215.0 Bn by 2031

According to a recent study by Future Market Insights (FMI), the cold disposable biopsy forceps market is expected to witness high growth during the forecast period. The market value is slated to increase from US$ 505.1 Mn in 2020 to over US$ 1.2 Bn by 2031 at 8.4% CAGR over the forecast period (2021-2031).

The cold disposable biopsy forceps market will register high demand due the rising prevalence bronchitis and gastrointestinal disorders such as IBD and GERD among the geriatric population and the increasing awareness towards endoscopic procedures. There is also a rise in the adoption of disposable biopsy forceps that to be reliable for test sampling expects to gain popularity.

At present, the minimally-invasive technology, with the endoscope system at the core, has been extended to obstetrics, general surgery, otolaryngology, gynecology, thoracic surgery, urology, pediatrics, and other departments. Minimally-invasive endoscopic technology has become an indispensable technology for the diagnosis and treatment of chronic diseases associated with breathing, digestion, urology, otolaryngology, and so on.

With the rising demand for endoscopic minimally-invasive technology and continuous improvement in endoscopic processing technology, endoscopic applications have become prominent in almost all departments. The growing demand for diagnosis and endoscopic treatment is expected to further boost the demand for cold disposable biopsy forceps.

Numerous recent technological advances are becoming available to endoscopists. An abundance of new imaging modalities is expected to facilitate early detection of chronic disorders and other pathological entities. Most of these techniques remain investigational and are currently in clinical trials to determine patient benefits.

Companies are expanding their product lines by manufacturing different types of products for a wide range of applications.

For instance, Micro-Tech Endoscopy is mainly engaged in the R&D, manufacturing, and sales of minimally-invasive medical devices, in line with its mission of supporting clinicians with technology and innovation.

Key Takeaways from Cold Disposable Biopsy Forceps Market Study

  • Oval cup forceps gained popularity and their sales are expected to grow at a CAGR of 8.8% during the forecast period.
  • 2.8 mm diameter have sharpened cups whch ensure superior cutting performance and lead to fewer artefacts and less bleeding. The segment is therefore expected to account for a share of 24.9% in 2021.
  • 2300 mm length forceps has precise jaws, no tearing and cause small wound. The segment accounted for the highest share of 37.9% in 2021.
  • Upper GI Endoscopy dominated the application segment with the highest market share of 24.9% in 2021.
  • Hospitals accounted for the largest share of around 42.0% in 2021 and will remain the end user in the market.

“High prevalence of conditions such as IBD and GERD and growing demand for minimally invasive endoscopic procedures are set to boost the demand for cold disposable biopsy forceps market over the next decade,” says the Future Market Insights analyst.

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Who is winning?

The key players are focusing on acquisitions and partnerships with small players and suppliers to increase their market presence. Besides this, they are adopting various strategies to expand their footprint. For instance:

iIn April 2018, Boston Scientific Corporation closed its acquisition of NxThera. The company developed a minimally-invasive therapy the Rezūm system, for patients suffering from symptomatic benign prostatic hyperplasia. With the completion of the acquisition, NxThera became a part of Boston Scientific’s urology and pelvic health business. Moreover, the manufacturers are focusing on research and development activities for developing cold disposable biopsy forceps for various research applications.

In july 2020, ChargePoint and STERIS collaborated to develop a fully validated sterile transfer solution to offer a unique and integrated solution for sterile product transfer.

Some of the leading players in the cold disposable biopsy forceps market include but are not limited to Olympus Corporation, Boston Scientific Corporation, STERIS, CONMED Corporation, Cook Medical, Micro-Tech Endoscopy, Anrei Medical and other companies.

Key Market Segments Covered in Cold Disposable Biopsy Forceps Industry Research

By Product:

  • Oval Cup
  • Oval Cup with Needle
  • Alligator Jaw
  • Alligator Jaw with Needle

By Diameter Size:

  • 1.2mm
  • 1.8mm
  • 2.0mm
  • 2.4mm
  • 2.8mm
  • 3.7mm

By Length:

  • 1150mm
  • 1550mm
  • 2300mm

By Application:

  • Enteroscopy
  • Upper GI Endoscopy
  • Lower GI Endoscopy
  • Bronchoscopy
  • Others

By End User:

  • Enteroscopy
  • Upper GI Endoscopy
  • Lower GI Endoscopy
  • Bronchoscopy
  • Others

By Region:

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

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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

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusion and Exclusions

  1. Market Background

3.1. Macro-Economic Factors

3.1.1. Global GDP Growth Outlook

3.1.2. Global Healthcare Expenditure Outlook

3.1.3. Emerging Countries Healthcare and Development Outlook

3.2. Forecast Factors – Relevance & Impact

3.2.1. Adoption of Device Product

3.2.2. Rising Prevalence of Tumours

3.2.3. Historical growth of key players

3.2.4. New product launches and approvals

3.2.5. COVID-19 Impact

3.2.6.  Reimbursement scenario

3.2.7. Expansion by Leading Manufacturer in Emerging Geographies

3.3. Market Dynamics

3.3.1. Drivers

3.3.2. Restraints

3.3.3. Opportunity Analysis

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About Future Market Insights, Inc.

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

Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights. Sign Up for a 7 day free trial!

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High-end Cellomics Market Worth USD 536.9 Mn by 2031 | Future Market Insights

According to a recent Future Market Insights (FMI) industry analysis, the demand in the high-end cellomics market is expected to top US$ 288.8 Mn in 2021, growing at a CAGR of 6.4% during the forecast period 2021-2031.

High-end cellomics is a process that is utilized in drug discovery and biological research to identify substances such as small molecules, RNAi or peptides which alter the phenotype of a cell in a wanted manner.

The global high-end cellomics market is primarily driven by increasing technological advancement in imaging solutions. Technological advancements such as the usage of polarization methods, multicolored fluorescence-based reagents, automated imaging technology, and flow cytometry are also anticipated to boost the market growth further.

Increasing investment in research and development in cellular science of novel molecules by private and government organizations, technological advancement in imaging solutions, and advantages related to these innovations such as improved scope for pplication in gene documentation & neonatal development learning will drive the high-end cellomics market.

Key Takeaways from High-end Cellomics Market Study

  • The global high-end cellomics market is expected to reach US$ 536.9 Mn by 2031.
  • By application, drug discovery accounted for 55.5% of overall sales in 2021 and is expected to continue to grow at the same trend during the forecast period.
  • By end-users, pharmaceutical and biotechnology companies will account for the largest share of 51.8% during the forecast period.
  • By region, North America held the largest share of 32.7% of the global high-end cellomics market.
  • By country, the U.S. is the most lucrative market in the global high-end cellomics market with US$ 81.7 Mn revenue in 2021.

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Who is Winning?

Some of the leading manufacturers of high-end cellomics are focusing on product approvals and launch strategies for global expansion objectives, thereby, enhancing their market presence. The leading key players are focusing on strategic alliance to expand the product offerings.

Yokogawa Electronic Corporation in December 2020, agreed with InSphero AG to jointly promote the use of Yokogawa’s high-end cellomics systems for drug discovery research which actively involves the use of 3D in vitro models.

The key market players covered by FMI include PerkinElmer, Inc., ThermoFisher Scientific, Inc., Molecular Devices LLC (part of Danaher Corporation) and Yokogawa Electric Corporation.

About the Healthcare Division at Future Market Insights

Future Market Insights facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you in devising innovation-driven trajectories for your business. Know more about our sector coverage here

High-end Cellomics Market by Category

Application:

  • Academic Research/Basic Research
  • Drug Discovery
    • Primary & Secondary Screening
    • Target Identification & Validation
    • Invitro Toxicity Studies
    • Compound Profiling

End-User:

  • Pharmaceutical & Biotechnology Companies
  • Academic & Research Institutes
  • Independent Contract Research Organizations (CROs)

Region:

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

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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

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusion & Exclusion

  1. Key Trends

3.1. Key Trends Impacting the Market

3.2. Trends in Diverse Application

  1. Key Success Factors

4.1. Key Products USP Analysis

4.2. Key Manufacturers Promotional Strategies

4.3. Value Chain Analysis

4.4. PESTLE Analysis

4.5. PORTERS Analysis

4.6. Key Regulations

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About Future Market Insights, Inc.

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

Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights. Sign Up for a 7 day free trial!

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Needle-Free Injectors Market to Hit USD 42.79 Billion by 2032 | Future Market Insights

Global demand for Needle-Free Injectors Market is expected to rise at a yearly growth rate of 12% Y-o-Y to US$ 42.79 Billionin 2032

Needle-free injection is an innovative drug delivery technology that drives drugs to the skin using force which virtually nullifies the use of hypodermic needle. With growing preference for non-invasive drug delivery system and vaccines, adoption of needle-free injectors is expected to improve over the coming years

Application of needle-free injectors is increasing with rising incidence of diabetes and other chronic diseases across the globe. With increasing number of surgeries, demand for minimally invasive procedures is accelerating the sales of needle-free injectors.

According to Centers for Disease Control and Prevention (CDC), more than 51% of adults in U.S. had at least 1 chronic condition, and 27.2% had multiple chronic conditions in 2018.

Other factors driving the global demand are cost-effectiveness and safety related to needle-free injectors.

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Key Takeaways from Needle-free Injectors Market study

  • By load type, liquid injections segment will hold around 88.0% of value share globally.
  • Based on the technology, spring-loaded jet injector is dominating the market, with over 48.0% of the market share.
  • Based on the delivery site, intra dermal injector is expected to hold over 33% of the market share.
  • Application of drug delivery will spur the sales of needle-free injectors, with the segment accounting for 65% of the market share.
  • Based on the usage, reusable needle free injectors are highly sought-after, contributing over 78% of the market revenue.
  • Hospitals are expected to be the primary end-users, holding a market share of 28% during the forecast period.
  • By region, North America will dominate the global needle-free injectors market, holding 42% of total market share.
  • Europe is expected to be the second-largest market, with Germany spearheading the market growth .
  • India will emerge as the most lucrative market across South Asia, accounting for nearly 50% of market share in 2021.
  • China will hold leading position in East Asia and is expected to account for nearly 46% of market share.

“Growing prevalence of chronic diseases coupled with rising preference of non-invasive drug delivery system will improve the adoption of needle-free injectors. With rising demand for needle-free injectors, key players are introducing new product launches and are aiming for fast track approvals to capitalize on existing opportunities and sustain their position in the industry “says the FMI Analyst.

Who is Winning?

New product launches and approvals, agreements, and collaborations are some of the key growth strategy adopted by the key players. By focusing on these strategies, key players intend to expand their global presence and strengthen their existing product portfolio.

For instance,

  • In November 2019, Antares Pharma collaborated with Idorsia for the development of a novel self-administered drug-device product.
  • In June 2020, Vitaeris Inc., a biotech company was acquired by CSL Limited. The acquisition was carried out by CSL Limited to achieve the motive of addressing the unmet needs of patients.

The key market players covered by FMI include Pfizer, Inc., Gerresheimer AG, Ferring Pharmaceuticals, CSL Limited (Seqirus UK Limited) and others.

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Key Segments Profiled In The Needle-Free Injectors Market Industry Survey

Needle-Free Injectors Market by Load:

  • Needle-Free Injectors by Liquid Injections
  • Needle-Free Injectors by Powder Injections
  • Needle-Free Injectors by Projectile Injections

Needle-Free Injectors Market by Technology:

  • Needle-Free Injectors by Spring-loaded jet injector
  • Needle-Free Injectors by Battery-powered jet injector
  • Needle-Free Injectors by Gas-powered jet injector

Needle-Free Injectors Market by Delivery Site:

  • Needle-Free Injectors by Intra dermal injectors
  • Needle-Free Injectors by Intramuscular injectors
  • Needle-Free Injectors by Subcutaneous injectors

Needle-Free Injectors Market by Application:

  • Needle-Free Injectors by Drug Delivery
  • Needle-Free Injectors by Vaccines
  • Needle-Free Injectors by Cosmetic
  • Needle-Free Injectors by Others

Needle-Free Injectors Market by End User:

  • Needle-Free Injectors by Home Care Settings
  • Needle-Free Injectors by Long Term Care Centers

Needle-Free Injectors Market by Region:

  • North America Needle-Free Injectors Market
  • Latin America Needle-Free Injectors Market
  • Europe Needle-Free Injectors Market
  • East Asia Needle-Free Injectors Market
  • South Asia Needle-Free Injectors Market
  • Oceania Needle-Free Injectors Market
  • Middle East & Africa Needle-Free Injectors Market

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About Future Market Insights, Inc.

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

Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights. Sign Up for a 7 day free trial!

Contact Us:

Future Market Insights, Inc.

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Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

Enquiries: sales@futuremarketinsights.com

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Protective Gowns Market Expectations & Growth Trends Highlighted Until 2030

The newly circulating COVID-19 (Coronavirus) has led to an unparalleled demand for personal protective equipment (PPE) such as protective gowns Market , masks, gloves, protective goggles and respirators.

Healthcare Communities in the U.S and other G20 Countries Enter Crisis Mode

Unprecedented demand for PPE amongst countries severely hit by the COVID-19 pandemic such as the U.S., Italy and Spain has put pressure on their healthcare industry to source PPE. In support of the global medical community’s ever-evolving COVID-19 crisis, manufacturers are increasing their production capabilities to produce protective gowns and other PPE which was formerly ubiquitous in hospital environments. 

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There is a surging demand for PPE and protective gowns supply in G20 countries. However, large volume manufacturing of PPE and protective gowns is inherently a time-consuming process, which has led to rapid increase in the number of ill COVID-19 patients.

Healthcare communities in the U.S. and other countries are heading toward a crisis mode. Popular news sources are revealing striking updates where healthcare providers are using large plastic bags as an alternative to protective gowns and plastic water bottle cutouts for eye protection.

Retailers Translate Business Practices into Revenue Opportunities by Manufacturing Protective Gowns

Major retailers and some of the big labels in the apparel industry are translating their conventional production practices into revenue streams by boosting the supply of protective gowns. As published by CNBC, famous brands such as GAP and Eddie Bauer are shifting their production lines from making clothes to manufacturing protective gowns and face masks.

As patient numbers swell throughout the U.S., hospitals and healthcare facilities are facing an outright shortage for PPE.Hence, many retailers and consumer-facing companies have joined forces with healthcare communities to use their knowledge and supplier base to fill the void in the supply of protective equipment.

Retailers are shifting from apparel making to manufacturing protective gowns and masks, whilst channeling their own supply of PPE toward healthcare workers in the U.S. Strategic team ups between high-end departmental store Neiman Marcus and sewing retailor Joann have helped to increase the availability of protective gowns and scrubs for frontline healthcare workers.

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Tips on Avoiding the Feeling of a War Zone duringFuture Coronavirus-like Outbreak

The life-threatening Coronavirus has taken over the world like an unexpected storm by endangering the lives of many. An alarming number of COVID-19 patients has turned into a wakeup call for healthcare facilities to obey their duty in fail-safe planning to avoid war zone situation amidst scarcity of protective gowns and PPE.

Stakeholders in various end markets are taking cues from Indian healthcare professionals who are increasing their efficacy in infectious diseases data mining with the assistance of advanced medical technologies.

The rampant spread of Coronavirus has exposed the vulnerability of healthcare systems and governments who lack research into infectious diseases, thus resulting in the scarcity of basic PPE including protective gowns, face masks and gloves.

On the other hand, experts in the U.S. are emphasizing on the importance of ‘flattening the curve’ to prevent the disease burden from reaching an overload on the healthcare systems, thus reducing pressure on manufacturers to produce protective gowns, masks and gloves.

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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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Radiopharmaceuticals Market to cross US$ 6.2 Bn by 2022, Says Future Market Insights

The global radiopharmaceuticals market stands at US$ 6.2 Bn as of now and is expected to reach US$ 9.5 Bn by the year 2032 at a CAGR of 4.3% between 2022 and 2032.

Radiopharmaceuticals imply medications containing radioisotopes that could be used as both – therapeutic agents and diagnosis medications. Radiopharmaceuticals manage critical as well as chronic diseases. These days, various diagnostics are aimed towards organs with nuclear medicine radiopharmaceuticals.

PET and SPECT techniques are used in abundance while deploying radiopharmaceuticals. Some of the distinct features of radiopharmaceuticals include non-invasiveness, cost-effectiveness, easy of diagnosis, and higher sensitivity. Clinical applications include cardiology, oncology, lymphoma, and tumor.

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Growing awareness regarding positive results provided by radiopharmaceuticals in checking chronic illness is one of the catalysts to radiopharmaceuticals market.

On the other hand, the fact that radiopharmaceuticals have half-life could restrain the market. It’s a known fact that radiopharmaceuticals involve higher investment. Short expectancy or half-life is one of the crucial factors restricting demand for radiopharmaceuticals. Thus, it’s only the developed regions who are able to increasingly adopt radiopharmaceuticals as of now. The developing economies still need to incorporate the technology to the fullest. Future Market Insights has walked through these functionalities with future prospects in its latest market study entitled ‘Radiopharmaceuticals Market’.

Key Takeaways from Radiopharmaceuticals Market

  • North America dominates the radiopharmaceuticals market due to rising frequency of cardiovascular diseases and cancer and the scenario is expected to persist even in the forecast period. Adopting innovative radioisotope production methods for treating chronic disorders is another reason.
  • Europe, led by the UK, is also expected to hold a significant market share due to the UK being subject to maximum incidences of cancer. Cancer Research UK estimate says that the UK alone houses 367,167 cancer patients.
  • The Asia-Pacific is poised to grow blatantly in the forecast period with it witnessing new product launches, collaborations, distribution agreements, acquisitions in an aplomb.

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“The fact that radiopharmaceuticals are broadly used as biomarkers in molecular imaging is expected to take the radiopharmaceuticals market by storm in the upcoming period”, says an analyst from Future Market Insights.

Competitive Landscape

  • GE Healthcare inked an agreement with NorthStar Medical Radioisotopes, LLC for producing and distributing iodine-123 (I-123) capsules all across the US.
  • Bracco Diagnostics Inc., in March 2021, entered into partnership with CardioNavix, LLC for enhancing patients’ access to cardiac PET imaging. The new program is termed as ‘Bracco Mobile Isotope Service’, which ought to facilitate better patient care sites for providing cardiac PET imaging.
  • Jubilant Radiopharma, in August 2020, signed a MoU (Memorandum of Understanding) with Navidea Biopharmaceuticals, which focuses on an ELDA (Exclusive License and Distribution Agreement) for the latter’s diagnostic imaging agent called ‘Tilmanocept (technetium Tc 99m tilmanocept injection) in LATAM, Mexico, Canada, and the US.
  • Bayer AG, in June 2021, announced that it would acquire Noria Therapeutics Inc. along with PSMA Therapeutics Inc. with the objective of widening the former’s oncology portfolio that is into existence.
  • Norgine B.V., in March 2020, completed the acquisition of Azanta A/S, a specialty biopharmaceutical company. This included Nimorazole, a hypoxic radiosensitizer to treat cancer, and Angusta to facilitate labor induction.
  • Curium, in the year 2019, completed acquisition of MAP Medical, which would actually help it in strengthening the footprint all over the Europe with access to Baltic and Nordic countries.
  • The US FDA, in December 2020, completed approval of Gallium 68 PSMA-11 (Ga 68 PSMA-11). It holds the distinction of being the very first drug for PET imaging for diagnosing prostate cancer.

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Key Companies Profiled:

  • Siemens AG
  • Positron Corporation
  • Novartis (Advanced Accelerator Applications)
  • Curium
  • GE Healthcare
  • Lantheus Holdings Inc.
  • Sotera Health LLC (Nordion Inc.)
  • Bayer AG
  • Eckert & Ziegler

Key Segments Covered in the Radiopharmaceuticals Industry Analysis

Radiopharmaceuticals Market by Radioisotope Type:

  • Technetium-99
  • Fluorine-18
  • Iodine-131
  • Leutetium-177
  • Yttrium-90
  • Gallium-68
  • Gallium-67
  • Rubidium-82
  • Iodine-123
  • Iodine-125
  • Indium-111
  • Others

Radiopharmaceuticals Market by Application:

  • Oncology
  • Cardiology
  • Gastroenterology
  • Neuroendocrinology
  • Neurology
  • Nephrology
  • Others

Radiopharmaceuticals Market by Source:

  • Cyclotrons
  • Nuclear Reactors

Radiopharmaceuticals Market by End User:

  • Hospitals
  • Diagnostic Imaging Centers
  • Ambulatory Surgical Centers
  • Cancer Research Institute

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Regenerative Artificial Skin Market Expected to Witness a CAGR of 9.9% through year 2022-2032

In 2022, the Regenerative Artificial Skin Market is projected to be worth US$2,185.5 million. The entire market demand for regenerating artificial skin is anticipated to reach US$5,615.5 million by 2032, growing at a CAGR of 9.9% between 2022 and 2032.

Regenerative Artificial Skin Market: Overview

Global regenerative artificial skin market is undergoing changes due to the burn management reforms in several nations like United States, United Kingdom and Australia. Furthermore, several companies in the market place increasing their product portfolio in regenerative artificial skin market may change the market dynamics over a given period of forecast.

By material type, sub segment such as engineered skin material in the global regenerative artificial skin market are expected to grow in positive traction owing to its immediate capability composite skin material and success rate in artificial skin regeneration.

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According to The American Burn Association estimated that in 2015, 486,000 population receive medical treatment for minor burns and 70,000 populations are hospitalized for sever skin burn for acute care.

Skin is the biggest organ in the body also it is one of the most important organ in the body. Skin act as a barrier between outside environment and inside body environment. Skin help to maintain moisture level in the body. Skin is responsible for the temperature regulation in the body through sweating. Skin protects body by keeping harmful bacteria outside the body. Skin have many nerve ends, this helps to respond heat, pressure, touch, cold and pain. Skin helps to synthesis Vitamin D, which is required for normal bone and teeth growth. Skin has two-layer epidermal layer and a dermal layer.

The epidermal layer is the outer layer that acts as the body’s major barrier against uncertain conditions. The dermal layer is the layer of skin between the epidermal and the subcutaneous tissues. Accidental skin burns are increasing day by day. Life threatening skin injuries, traumas and burns requires immediate surgical procedure to restore skin and avoid future complications. Skin burn may be due to heat, fire, radiation or chemical. Skin burns are of three levels i.e. 1st, 2nd, and 3rd degree burns. A first degree burn affects the only outer layer of skin cause redness, pain and swelling, a second degree burn effects on the outer layer as well as under skin layer and may extends downward into the dermis. Third degree burn affects the all layer of skins and deep to the internal organs.

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Artificial skin is generally prepared from collagen which is easily resorbed by body helps to generate the new skin on the affected part. Continuous research are carried out by various companies to develop new technology in the artificial skin regeneration, such as autologous spray on skin by Avita Medical.

Regenerative Artificial Skin Market: Drivers and Restraints

Regenerative artificial skin market is expected rise owing to rising incidence of the burns and increased accidents involved fire. Apart from this, increased skin diseases, harmful acid accidents and major body surgeries positively impact regenerative artificial skin market over the forecast period. However regulatory approve of regenerative artificial skin act as hamper the growth of market. Also acceptance by body, sterile product and nutritional supply to regain the natural structure hamper the growth of regenerative artificial skin market.

Regenerative Artificial Skin Market: Region-wise Outlook

Geographically, regenerative artificial skin market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa. North America and Europe will remain key markets for regenerative artificial skin market due to deeper market penetration of the procedures and strong presence of big players in the market. Asia Pacific is anticipated to register positive growth owing to increased cosmetic surgeries and rising incidence of the accidental burns.

Regenerative Artificial Skin Market: Key Players

Some of the key players in the Global regenerative artificial skin market are Integra Life Sciences Corporation, Mylan N.V., Johnson & Johnson Services, Inc. Smith & Nephew and Mallinckrodt plc.

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Regenerative Artificial Skin Market: Segmentation

Global regenerative artificial skin market has been segmented on the basis of material type, end user and region.

Based on the material type, the regenerative artificial skin market is segmented into the following:

  • Temporary skin material
  • Single layer material
  • Bi-layered material
  • Permanent skin material
  • Epidermal skin material
  • Dermal skin material
  • Composite skin material
  • Skin graft
  • Allograft
  • Xenograft
  • Engineered skin material

Based on the end user, the global regenerative artificial skin market is segmented into the following:

  • Hospitals
  • Clinics
  • Burn care centers

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Protective Goggles Market Outlook by Key Players, Industry Overview, Supply and Consumption Demand Analysis By 2030

Protective eye goggles market was enjoying a steady run until coronavirus struck. Strict regulations mandated by government and international bodies made the use of protective goggles compulsory across certain industries. In addition to this, the rising awareness regarding the importance of employee safety was driving the protective goggles market.

However, the prevalent market forces went topsy-turvy as the demand for personal protective equipment (PPE) shot up in response to the surging cases of coronavirus infection. The protective goggles market is put to test as leading manufacturers scramble to keep pace with the increasing demand.

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Driven by the Notion – “Better be Safe than Sorry,” Consumers Exhibit High Demand for Protective Goggles

The sales of protective goggles have nearly doubled in Coronavirus or COVID-19 hit nations. Leading research firms took note of this unprecedented rise in demand for protective gowns, surgical and examination gloves, protective goggles and surgical masks

in the last months and expect it to have profound impact on companies manufacturing them.

Supply chain disruptions are making the situation even worse. Lockdown enforced to contain coronavirus across various countries has in turn hampered day to day operations of several businesses. Protective goggles manufacturers are no exception to this.

With the scenario forecast to persist in upcoming days, it might get even more difficult for companies to drive operations despite the surging demand.The trend in ecommerce portals is no different.

High traffic portals such as Snapdeal and Amazon reported multifold increase in the sale of protective gears in the first week of March. Furthermore, several online supermarkets have run out of the supply as the demand for these products continues to rise.

The increasing cases of coronavirus infections have made consumers around the world more cautious. They are more willing than ever before to spend on hygiene products, which is subsequently bolstering the sales of items such as protective goggles.

Leading Players Likely to Adopt Innovative Strategies to Leg up Amidst Prevailing Crisis

Bolle Safety, 3M Company, and Honeywell Safety Products are among the leading producers of protective eye wear. Currently the market has a consolidated landscape with the presence of only a handful of players. This has made it even more difficult for the existing companies to keep pace with the surging demand.

However, demand rises due to coronavirus outbreak have catapulted smaller regional players to the fore. These companies are mobilizing available resources amidst lockdown to cater to the surging demand for protective goggles and other gears.

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The rising demand from healthcare sector and overly conscious consumers amidst coronavirus outbreak has compelled manufacturers to rethink their production strategies. While the market is yet to have ubiquitous measures to differentiate between daily patient care capacity and surge capacity, they can restructure their existing framework to approach inadequate supply.

For instance, post COVID-19 outbreak it has become of utmost importance for these companies to have contingency plan in place to address crises like this.

Protective Goggles Market Segmentation

By type

  • Dust-proof
  • Anti-fog
  • Fire & rescue
  • Anti-radiation
  • Convertible
  • Accessories

By end-use industry

  • Oil & gas
  • Mining
  • Construction
  • Manufacturing
  • Healthcare

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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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Peri-implantitis Treatment Market worth US$ 4.5 Bn by 2032 at a CAGR of 8.7% | Future Market Insights

The peri-implantitis treatment market is expected to reach a value of US$ 2.3 billion in 2022 and is projected to increase at a CAGR of 8.7% to reach US$ 4.5 billion by 2032.

Peri implant disease is associated with two main entities – peri-implantitis and peri-implant mucositis. Peri-implant mucositis is an inflammatory reversible reaction in the soft tissues which surrounds the dental implant.

Peri-implantitis is defined as an inflammatory reaction with results in the loss of bone surrounding the tissues and the dental implant. Anaerobic plaque bacteria can show a bad effect on peri-implant tissue health which can lead to peri-implantitis disease.

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Inadequate distribution of the chewing pressure on the tissues surrounding the implant can cause peri-implantitis disease. Peri-implantitis treatment is a major concern as peri-implantitis disease leads to infection of the surrounding tissues, loosening of the artificial supports, and can also cause inflammatory processes. Peri-implantitis can result in bone loss around the implant and eventual loss of the implant.

Peri-implantitis treatment is needed when the occurrence of dental failures shows a major effect on the dental tissues and can lead to peri-implantitis disease. Bacterial infections play an important role in dental implant failures.

Gram-negative anaerobes are mainly associated with dental implant failures such as Porphyromonas gingivalis, Bacteroides forsythus, Prevotella nigrescens, etc.

Healthy peri-implant tissue acts as a biological barrier to the agents that can cause peri-implantitis disease. Destruction of healthy peri-implant tissue can lead to the bacterial contamination which spreads directly to the bone.Other factors that can develop peri-implantitis disease are the poor design of the implant, corrosion, excessive mechanical stress etc.

Along with these factors, other etiological factors such as osteoporosis, smoking, radiation, and chemotherapy are responsible for peri-implantitis disease.

The destruction of crestal bone which is usually saucer-shaped, destruction of vertical bone leading to the formation of peri-implant pocket, bleeding of gums, toothache, swelling of peri-implant diseases are the symptoms of peri-implantitis disease.

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The parameters used in the diagnosis of peri-implantitis disease include clinical indices, bleeding on probing, mobility and peri-implant radiography.

The peri-implantitis treatment can be done either by surgical methods or nonsurgical methods.

The peri-implantitis treatment can be done only by antibiotics or antibiotics along with mechanical debridement.

Laser treatment along with mechanical debridement can also be used for peri-implantitis treatment market. Tetracyclin is used for peri-implantitis treatment.

Peri-Implantitis Treatment: Market Dynamics

Increase in the use of dental implants for supporting prosthetic rehabilitation is expected to be an important driver of peri-implantitis treatment market.

Increase in oral hygiene has increased dental visits which can drive the peri-implantitis treatment market.

Increase in the aging population plays an important role in driving the demand for of peri-implantitis treatment market.

In recent years, there has been a rise in awareness about of dental and oral care, which further act as the major fuel for the peri-implantitis treatment market.

The high rate of smoking and increased tobacco use can fuel the peri-implantitis treatment market. The rise in the number of oral diseases can fuel the peri-implantitis treatment market.

Advancement in technology leading to various dental techniques such as dental grafting drives the peri-implantitis treatment market. The high cost of dental implants can hinder the growth of peri-implantitis treatment market.

Lack of skilled dental specialties can restrain the peri-implantitis treatment market.

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Peri-implantitis Treatment Market: Region-wise Outlook

On the basis of geography, global peri-implantitis treatment market is segmented into seven key regions viz. North America, Latin America, Western Europe, Eastern Europe, and the Asia Pacific excluding Japan, Japan, and Middle East & Africa.

North America is expected to hold largest shares in the global peri-implantitis treatment market due to the availability of high healthcare expenditure.

Europe is expected to hold the second largest market share in peri-implantitis treatment market due to the rise in geriatric population.

However, Asia-Pacific is expected to register the fastest growth in revenue generation for peri-implantitis treatment market due to the large population in countries such as China, and India.

Peri-implantitis Treatment Market: Key Players

Peri-implantitis treatment market has many key players.  Some of the key players present in global peri-implantitis treatment market are Pfizer Inc., Cadila Pharmaceuticals, and R.N. Laboratories Pvt. Ltd., Basic Pharma Life Science Pvt. Ltd., Prachi Pharmaceuticals Private Limited., Healthy Life Pharma Private Limited, Triveni chemicals.

Key Segments Profiled in the Peri-implantitis Treatment Industry Survey

Peri-Implantitis Treatment Market by Method Type:

  • Surgical Treatment of Peri-Implantitis
    • Mechanical Debridement
    • Laser Debridement
    • Open Flap Debridement
    • Open Flap Debridement with Guided Bone Generation
  • Non-Surgical Treatment of Peri-Implantitis
    • Surface Debridement
    • Antibiotics (Chlorhexidine Digluconate)
    • Others

Peri-Implantitis Treatment Market by End-User:

  • Peri-Implantitis Treatment in Hospitals
  • Peri-Implantitis Treatment in Dental Clinics

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Critical Care Drugs Market Future Scenarios, Growth and Analytical Insights – 2032 | Future Market Insights

Between 2022 and 2032, the global Critical Care Drugs Market is anticipated to expand steadily at a CAGR of roughly 5% to 6%, bringing in sizable profits.

Critical Care Drugs market players – Pfizer Inc., Abbott, Cadila Pharmaceutica, Triveni chemicals, Haffkine Bio-Pharmaceutical Corporation Ltd., Neon Laboratories Limited, among others represent the global Critical Care Drugs market. The market study depicts an extensive analysis of all the players running in the Critical Care Drugs market report based on distribution channels, local network, innovative launches, industrial penetration, production methods, and revenue generation. Further, the market strategies and mergers & acquisitions associated with the players are enclosed in the Critical Care Drugs market report.

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Future Market Insights, in its latest business report, elaborates on the current situation of the global Critical Care Drugs market in terms of volume, value, production, and consumption. The report scrutinizes the market into various segments, end uses, regions, and players on the basis of demand patterns, and future prospects.

Understanding the Impact of Covid-19 on Healthcare Industry

With the pandemic plaguing maximum countries across the globe, healthcare industry is witnessing its fair share of ‘ups and downs’. The COVID-19 has placed an enormous strain on the healthcare sector’s workforce, facilities and infrastructure. Despite the endless pressure, healthcare sector is growing at a moderate pace due to the improvement in infrastructure and advancement in technology, healthcare sector is delivering a healthy performance.

The FMI’s latest report on the Critical Care Drugs market gives a detailed analysis on the impact of COVID-19 with an incisive coverage on the innovative strategies adopted by the market players to survive the challenges due to pandemic.

Critical Questions Answered in the Report

  1. What are ongoing trends that will shape market growth curve for global Critical Care Drugs market?
  2. What are the drivers and challenges affecting the Critical Care Drugs market demand?
  3. What are the recent technological advancement in the Critical Care Drugs market?
  4. What are key trends and opportunities that will prevail the revenue growth of Critical Care Drugs market players?
  5. How will evolving regulatory policies impact the market growth?
  6. What is the impact of Covid-19 on the Critical Care Drugs market?

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Critical Care Drugs Market: Segmentation

Segmentation by Drug Type

  • Opoids
  • Morphine
  • Pethidine
  • Naloxone
  • Fentanyl
  • Benzodiazepines
  • Diazepam
  • Midazolam
  • Lorazepum
  • Flumazenil
  • Sedatives
  • Anesthetics
  • Others

Segmentation by End User

  • Intensive care unit (ICU)
  • Coronary Care Unit (CCU)
  • Operation Theatres
  • Trauma Centers

The Critical Care Drugs market research gets rid of the following queries:

  1. How the market for Critical Care Drugs is expected to shape in the coming ten years?
  2. What strategies are the Critical Care Drugs market vendors implementing to stay ahead of their rivals?
  3. Why are consumers shifting towards alternative Critical Care Drugs products?
  4. What innovative technologies are the Critical Care Drugs players using to get an edge over their rivals?
  5. What are the restraints affecting the growth of the global Critical Care Drugs market?

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Reasons to Buy the report

  • We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
  • Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
  • The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
  • Detailed insights of market segments and sub-segments for historical as well as forecast period
  • A competitive analysis of prominent players and emerging players in the Critical Care Drugs market
  • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
  • Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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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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