Magnetic Resonance Imaging (MRI) Market is dominated by companies like GE Healthcare, Philips Healthcare, Canon Medical Systems and Siemens Healthineers

Magnetic Resonance Imaging (MRI) Market: Global Industry Analysis and Opportunity Assessment 2015-2025 Overview

The magnetic resonance imaging (MRI) market is projected to record a CAGR of 5.7% during the forecast period, up from US$ 7.9 Bn in 2021 to reach a valuation of US$ 12.2 Bn by 2028.

Attributes Details
Magnetic Resonance Imaging Market CAGR 5.7%
Magnetic Resonance Imaging Market (2028) US$ 12.2 Bn

The high field magnetic resonance imaging (MRI) gives more cleared images compared with the remaining MRI, and this is expected to drive the overall demand for MRI systems.

Sales of MRI systems are expected to rise as the images which are given by MRI systems have more information about ligaments and body organs when we compare with the images of X-ray, computed tomography (CT) scan, etc.

In addition to this, demand for MRI systems is spiking on account of its efficiency in detecting diseases caused by tumors, strokes, and spine lesions that affect the blood vessels and brain.

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The MRI market is expected to grow due to the rising demand for MRI systems technology and quick and effective diagnostic procedures.

The pairing of MRI with PET or CT to provide imaging possibilities with less exposure to harmful radiations, rising demand for MRI systems in developing countries, and the rising adoption of universal health coverage are all boosting the MRI market.

The MRI market growth is being fuelled by visualization software and superconducting magnets.

Demand for MRI systems is also due to the recent advancements in MRI technology in the software that make it possible to perform faster contrast scans and streamline the imaging process, also resulting in higher sales of MRI systems.

Diffusion and diffusion tensor imaging with tractography, neuroimaging including MR spectroscopy, and functional imaging using the bold technique are expected to accelerate the MRI market growth during the forecast period.

Moreover, the sales of MRI systems are expected to grow due to the development of intraoperative MRI and its use in various applications such as neurosurgery.

An increase in the discovery of helium deposits also pushes forward the demand for MRI systems to a considerable extent in the coming years.

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What Factors Influence the Magnetic Resonance Imaging (MRI) Market?

The demand for MRI has increased due to the rising geriatric population, technical advancements like low field strength, high field strength MRI systems, and increasing health awareness in developed countries.

No reported side effects of the use of the systems are a major factor propelling the sales of MRI systems across the globe.

Magnetic resonance imaging is an advanced and safe technique when compared with CT scan and X-ray technique as ionizing radiations are used for capturing images in CT, which also propels the demand for MRI systems.

However, sales of MRI systems might dwindle as patients who had heart surgeries, and surgeries with implanted metals at the ligaments have to take precautions while using MRI systems.

With the rapid technological advantage in capturing high-quality images of soft tissue, ligaments, and other body organs, the use of high field strength MRI use will increase, and the sales of MRI systems likely surges.

Conversely, sales of MRI systems (refurbished) are also popular in developing markets as it is cost-effective and easily available.

Installing refurbished systems is significantly less expensive than installing newer systems and is frequently chosen by hospitals and other healthcare institutions in developing countries. As a result, sales of MRI systems drop extensively.

The higher costs associated with the installation and maintenance of imaging equipment are one of the major factors limiting the sales of MRI systems.

Installation and proper maintenance of these systems frequently necessitate complex infrastructure and associated costs, which many medical institutions cannot afford, impeding the sales of MRI systems.

At the same time, voluntary product recalls of a number of imaging systems due to factors such as human error are a significant limitation. It has also hampered the demand for MRI systems. 

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How is the Region-Wise Outlook of Magnetic Resonance Imaging (MRI) Market?

Depending on geographic regions, the global MRI market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, the Asia Pacific, excluding Japan, Japan, and Middle East & Africa.

The growth of the MRI market is high in North America as it is a highly developed region and has better awareness among people about health care.

Due to the well-established US healthcare system and various organizations’ initiatives, this region is expected to grow its MRI market share in the future.

In the Asia Pacific region, China and India hold MRI market share, and Europe also has good growth in the MRI market.

Rapidly growing European countries with high per capita income and well-defined healthcare policies, such as the United Kingdom, France, and Germany, are seeing increased demand for MRI systems and leading to the MRI market growth

Furthermore, the MRI market share is expected to grow due to the region’s constant technological advancements and large investments in healthcare research.

How is the Competitive Landscape in the Magnetic Resonance Imaging (MRI) Market?

There are several major players in the global MRI market, which is highly competitive. A few major players currently dominate the MRI market in terms of MRI market share. 

Mid-size to smaller businesses, on the other hand, are expanding their market presence by introducing new products at lower prices, thereby enlarging their MRI market share.

Some of the key players in the global MRI market are Siemens, Philips Healthcare, Toshiba Medical Systems, GE Healthcare, Hitachi Medical Systems, Esaote SpA, and Sanrad Medical Systems Pvt. Ltd.

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Elastomeric Couplings Market : Notable Developments & Geographical Outlook 2022 to 2032

The elastomeric couplings market is anticipated to record a CAGR of 4.3% during the forecast period. It has been analyzed that the elastomeric couplings market share could go up from US$ 1.18 Bn in 2021 to reach up to US$ 1.53 Bn by 2032.

Increasing demand for power transmission necessitates elastomeric couplings formed out of synthetic materials and polymers such as polyurethane. These material-flexing, non-lubricated connections can be found in drive systems and compressors, responsible for the immense demand for elastomeric couplings in the automotive market.

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Elastomeric couplings provide good operational qualities, such as vibration attenuation and high displacement tolerance. Special design alternatives for specialized purposes are also available for sales of elastomeric couplings as per the customer demand. In comparison to traditional couplings, elastomeric couplings have been shown to extend the life of linked equipment.

Industries and Automobiles need manufacturing machines that demand for elastomeric couplings as an important component to be fitted in gearbox and conveyor units. Growth in industrial areas and a rise in automobile volume in low-income countries are expected to directly or indirectly drive the sales of elastomeric couplings in the global market.

What is the Present Global Dynamics Influencing the Elastomeric Couplings Market

The advantage of elastomeric over metal couplings is the primary factor driving the sales of elastomeric couplings in the market. Elastomeric couplings offer better flexibility than any metal coupling. The various degrees of torsional softness make them unique from other metal couplings creating a huge demand for elastomeric couplings.

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Elastomeric couplings offer frictional wear between components, so there is a minimum need for maintenance. The great durability and low maintenance costs make sales of elastomeric couplings more popular in the industries. Additionally, the automotive industry is anticipated to contribute to demand for elastomeric couplings, owing to the crucial need for precision, quality, and reliability in the operating processes in the upcoming years, thus providing the required elastomeric couplings market share growth opportunity.

Demand for elastomeric couplings is more in heavy equipment industries, where high-frequency noise between the engine and downstream components is isolated by it. Demand for elastomeric couplings is also higher for the primary application in power transmission to industrial equipment such as compressors, pumps, blowers, conveyors, and mixers.

The demand for HVAC, Industrial Drives, and Machinery involved in the production process is expected to result in healthy sales of elastomeric couplings in the forecast period. Non-lubricated, variable shaft operations, non-sparking, indoor & outdoor operations, and horizontal & vertical mounting are key benefits that are expected to propel the demand for elastomeric couplings.

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Gauze Bandage Rolls Market is Booming Worldwide by 2028 | Growth, Share, Demand and Analysis Forecasts

Gauze Bandage Rolls Market Overview

Gauze bandage rolls are woven cotton of plain weave material ideally used to provide support dressings. Gauze bandage rolls are categorized on the basis of its purity standards, thread counts, sterility and construction process. The gauze is a material in a gauze bandage roll, which is commonly used for wound and surgical dressings. These materials are often identified by their fiber length (tensile strength), weight (grams per square meter), mesh (threads per inch) and absorbency in some specific applications.

For instance, in certain surgical procedures, strong woven gauze bandage rolls are required as they provide exponential strength and enhanced protection. In addition to that some types of dressings may require loose woven gauze bandage rolls for improved drainage and absorbency. Majority of gauze bandage rolls are made from cotton-based materials, and some of them are woven with other materials (synthetic fibres (rayon), plastic film coatings) along with cotton.

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On the basis of specialty application, gauze bandage rolls are constructed from different materials (oxidized cellulose) in which gauze bandage rolls are chemically treated to make them more absorbable and haemostatic. Gauze bandage rolls are available in various sizes and shapes and are applied to the affected part in order to offer compression, prevent motion, and absorb secretion. Gauze bandage rolls work by holding the dressing in intact place by offering support and compression. High-bulk gauze bandage rolls are made of six or more layers of gauze and are constructed to offer further protective padding in dressing application.

Gauze bandage rolls serve various advantages, such as excellent drainage and absorbability, and ease in usability in topical pharmaceuticals, and certain disadvantages such as the need of frequent changing, and shredding and adhering of material to the affected areas.

Regulation of Gauze Bandage Rolls

Gauze bandage rolls for dressings and other applications are intended for the use in medical, surgical, veterinary and dental purposes. These products are supplied by direct sales to end-use customers including, hospitals, private person, or other sectors. Various guidelines have been implemented by the Federal Food, Drug, and Cosmetic Act (FFDCA), National Formulary (NF), and United States Pharmacopeia (USP) for determining strength, quality, and purity of gauze bandage rolls, along with its packaging and labelling.

Both surgical as well as medical dressings that use gauze bandage rolls must fall in the criteria of USP, which includes absorbency, material content, width, weight, thread count, solubility, adhesive strength, fiber length, tensile strength, alcohol soluble dyes, acidity or alkalinity, packaging, labelling, and storage, to help in classification of these gauze bandage rolls.

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Factors Gardening the Growth of Gauze Bandage Rolls Market

The growth of the global gauze bandage rolls market is mainly driven by increasing number of surgical procedures on the global level. As exemplified by the estimates of the National Center of Health Statistics, nearly 48 million surgical inpatient procedures were performed in the U.S. alone in 2009, which tend to increase with time and population.

The musculoskeletal surgical procedure is most common, with nearly 5.2 million followed by skin surgeries nearly 1.4 million in 2009. In addition, factors such as increased incidence of chronic wounds, and increased life expectancy are also driving the growth of the gauze bandage rolls market. With increasing technological advancements in terms of delivering a novel and applicable therapies/products to upsurge the average lifespan of an individual is expected to provide a momentum in the growth of the gauze bandage rolls market. For instance, according to the estimates of the World Health Organization (WHO), the average life expectancy on the global level has increased by 5 years and tends to drive the growth of the gauze bandage rolls market.

However, the growth of the market can be hampered by availability of alternative products, such as advanced wound care products, and complexity concerns related to shredding and adhesiveness of gauge bandage rolls.

Gauze Bandage Rolls in Institutional Sales

In terms of value, institutional sale holds a large market share. However, the ongoing trend of increasing online sale and logistics services is anticipated to dominate institutional sale over the forecast period. In terms of consumption/volume of gauze bandage rolls, the hospitals end-use segment holds a large market share, followed by ambulatory surgical centres owing to the increasing number of emergency chronic cases, and surgical procedures.

Regional Market Outlook

On the basis of geography, the global gauze bandage rolls market is segmented into eight key regions viz.  North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan & China, Japan, China, and the Middle East & Africa. The gauze bandage rolls market in North America is expected to have a significant share over the forecast period, followed by Western Europe owing to the increasing number of chronic cases, increasing geriatric population, rising awareness among individuals regarding wound infections and diseases. However, ease of availability of advanced wound care products in this region may have a negative impact regarding the growth of the gauze bandage market in these regions.

The market in the Asia Pacific excluding Japan & China is anticipated to grow with a high CAGR over the forecast period owing to the increasing number of hospitals in countries such as India, availability of proper reimbursement policies and insurance coverage. Japan is considered as a mature market for gauze bandage rolls, and China shows lucrative opportunities for manufacturers owing to improving medical facilities, growing elderly population, and presence of a large population base. However, the markets in Latin America, Eastern Europe, and the Middle East & Africa are expected to show steady growth over the forecast period.

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Competition Outlook

Examples of some of the players identified in the global gauze bandage rolls market are Dynarex Corporation, Medtronic plc, BSN medical GmbH, Cardinal Health, Medline Industries, Inc.,  Lohmann & Rauscher International GmbH & Co. KG, O-Two Medical Technologies Inc. , TROGE MEDICAL GmbH , PREVIS S.r.l., Tenko Corporation Group, AKLA AB, Neomedic Limited, Integrity Medical Devices, RAYS S.P.A., Kuteks AS., Phyto Performance Italia S.R.L, Fazzini, and McKesson Medical-Surgical Inc. Players in the gauze bandage rolls market comprise both international as well as domestic players. However, the sale of gauze bandage rolls are totally dependent on surgical procedures and wound injuries, and the gauze bandage rolls market has witnessed least technological advancements in the recent years.

Small-Scale Manufacturers/Providers:

  • O-Two Medical Technologies Inc.
  • TROGE MEDICAL GmbH
  • Tenko Corporation Group
  • AKLA AB
  • Neomedic Limited
  • Kuteks A.s.
  • Phyto Performance Italia S.R.L
  • Fazzini

Medium-Scale Manufacturers/Providers:

  • Dynarex Corporation
  • PREVIS S.r.l.
  • Integrity Medical Devices
  • RAYS S.P.A
  • McKesson Medical-Surgical Inc.

Large-Scale Manufacturers/Providers:

  • Medtronic plc
  • Cardinal Health
  • Medline Industries, Inc.
  • Lohmann & Rauscher International GmbH & Co. KG

Key data points covered in report

The report covers exhaustive analysis on:

  • The Gauze Bandage Rolls Market by Material Type, Ply Type, Sterility Type, Woven Type, and Distribution Channel
  • Regional level market analysis of North America, Latin America, Europe, Asia Pacific Excluding Japan & China, Japan, China, and Middle East & Africa by Material Type, Ply Type, Sterility Type, Woven Type, Distribution Channel, and Country
  • Gauze Bandage Rolls Market Dynamics & Opportunity Assessment
  • Historical Actual Market Size, 2013 – 2017
  • Gauze Bandage Rolls Market Size & Forecast 2018 – 2028
  • Gauze Bandage Rolls Current Trends/Issues/Challenges
  • Competition & Companies involved

Market Segmentation

By Material Type:

  • Polyester
  • Elastic
  • Cotton
  • Others

By Ply Type:

  • 1 Ply Gauze Bandage Rolls
  • 3 Ply Gauze Bandage Rolls
  • 6 Ply Gauze Bandage Rolls

By sterility Type:

  • Sterile Gauze Bandage Rolls
  • Non-Sterile Gauze Bandage Rolls

By Woven Type:

  • Woven Gauze Bandage Rolls
  • Non-woven Gauze Bandage Rolls

By Distribution Channel

  • Institutional Sales
  • Hospitals
  • Clinics
  • Retail Sales
  • Pharmacy & Drug Stores
  • Online Sales
  • Home Care

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Surgical Broaches Market Future Scenarios, Growth and Analytical Insights – 2028

Surgical Broaches Market Overview

Surgical broaches are simple instruments designed to provide reconstructive and supportive approach in comforting the operative target in surgical procedures. Surgical broaches are similar to rasps as they are used provide a fine edges to support replacement implants. Surgical broaches are used to form an intramedullary canal in a bone to provide prosthetic support.

The presence of cutting teeth provide an efficient approach for guiding such implant and provides a suitable gap between the prosthesis and the intramedullary canal. With better technological developments it has led to a 3D surface textures for better removal of bone particles.

Generally made of biocompatible metal to provide a strong and sturdy approach in the operation which requires the removal of bone to place an implant, the features result to create sharp points needed to efficiently place prosthetic. The surgical broaches requires to be of high strength in order to come up with the best result during an operation providing accurate and uniform alignment between implants

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Surgical broaches Market: Drivers and Restraints

Primary factors driving surgical broaches market include growing need for replacement surgeries. Advancement in the production of surgical broaches like 3D etching process which makes it rather convenient as an instrument to use in general orthopedic surgeries. It is an important instrument used in total hip replacement, and with rise in geriatric population.

Besides, surgical broaches could also be used in removing soft medial cancellous bone, pulse lavage the canal. However, alternative approaches like rasps which operates the same limit the growth of the global surgical broaches market. Implants now have a set broach to make their own canal for perfect fitting will affect the already established surgical broaches market. The market is also dependent on the trauma incidences which reports the use of surgical broaches as Musculoskeletal injuries in developing countries account for a substantial share (13%) in global burden for trauma cases.

Though, state wise medical device regulations makes it harder for the product to penetrate unmet markets. Much of the manufacturers are doing it regionally but it slows down the process in order to make efficient product. Different healthcare regulations or standards are followed by respective regions for the use surgical broaches.

Surgical broaches Market: Overview

The global market for surgical broaches is highly consolidated with very few players operating in the global space. Combined approaches of using surgical broaches with other surgical instruments to obtain accurate results to treat patients, which is expected to create high demand for surgical broaches in invasive bone related surgeries. Some of the established brands of surgical broaches are, Zimmer Biomet, Tecomet Inc, Smith and Nephew, Sandvik and others.

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Surgical broaches Market: Regional Wise Outlook

Geographically, the global surgical broaches market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America is expected to be the leader in global surgical broaches market owing to the quality difference healthcare infrastructure.

The Surgical broaches market in Asia Pacific excluding Japan is expected to grow due to expansion of major manufacturers into such fragmented markets. Europe is expected to take a large share in the global surgical broaches market during the forecast period because of their medical expenditure over healthcare supporting such use.

Surgical broaches Market: Key Players

Examples of some of the major players in the global Surgical broaches market are Surgical broaches are Integrated Medical Technologies (IMT) USA LLC, Zimmer Biomet, Tecomet Inc, Smith and Nephew, Sandvik A, Precision Edge Surgical and others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on

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

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Surgical broaches Market: Segmentation

Tentatively, the global surgical broaches Market has been segmented on the basis of application, end users, and geography.

Based on application, the global surgical broaches Market is segmented as:

  • Orthopedic
  • ENT
  • Neurology
  • Plastic Surgery

Based on end user, the global surgical broaches market is segmented as:

  • Hospitals
  • ASCs
  • Specialty clinics

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Hand, Foot and Mouth Disease Treatment Market Comprehensive Research Study and Strong Growth in Future 2028

Hand, Foot and Mouth Disease Treatment: Market Insights

Hand, foot, and mouth disease commonly abbreviated as HFMD is a contagious disease caused by multiple enterovirus serotypes majorly Coxsackievirus A16 and enterovirus A71. These virus usually spread through faecal-oral transmission owing to improper hand wash. Enterovirus A71 has been associated with HFMD disease outbreaks that involved thousands of people in Asia region.

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HFMD is a clinical syndrome being one of the most detectable viral exanthemas in children below 5 years of age, which is usually characterized by oral anathema, Maculopapular, a macular, or vesicular rashes on the hands and feet. This viral disease causes rashes or blisters in the mouth and on the palms of hands and soles of feet. It also causes blisters in the mouth at the back of throat.

Usually children under the age of 10 are most likely to be at risk for hand-foot-and-mouth disease. Also, the incubation period for hand-foot-and-mouth disease usually is 3 to 7 days. A person starts developing symptoms of hand-foot-and-mouth disease 3-7 days after being exposed to the virus. Symptoms for hand-foot-and-mouth disease may vary from children to children.

Some of the major symptoms include: blisters in mouth usually at the back of throat, small blisters in diaper area, on sole of feet and palm of hands, rashes on arms and legs, high fever, lack of appetite and others. It is mandated to get the children diagnosed if a child below age of 5 shows the above mentioned symptoms.

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A physical examination is conducted to diagnose the rashes, which is unique to hand-foot-and-mouth disease. Along with the rash examination, throat culture or stool sample is also extracted for laboratory testing of HFMD. Hand, foot and mouth disease treatment drugs are capable of extreme performance and allow significant recovery, thus contribute majorly to the revenue generation in hand, foot and mouth disease treatment market.

However, treatment for HFMD majorly depends on how severe the condition is, child’s symptoms, age, and overall health of a person. This illness is usually not treated with antibiotics or other commercial drugs at a large level as the goal of treatment is to reduce symptoms which can be done using home remedies.

It is advised to drink cold fluids in order to soothe mouth pain. Drugs such as acetaminophen, paracetamol or ibuprofen are given to reduce fever and discomfort. Mouth rinse or sprays containing pain reliever are used to reduce mouth pain. However, drugs such as aspirin are not recommended for children as it may cause Reye syndrome.

The hand, foot and mouth disease treatment is broadly used to treat sore conditions in mouth, hand or feet of children caused by Coxsackievirus A16 or enterovirus A71, that experience greater demand, thus generating large revenues in the hand, foot and mouth disease treatment market.

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Hand, foot and mouth disease treatment market on the basis of drug type is classified into acetaminophen, paracetamol and ibuprofen. However, the main distribution channel for hand, foot and mouth disease treatment include hospital pharmacies, retail pharmacies, drug stores, e-commerce and others. On the other hand, Hand, foot and mouth disease treatment market is gaining profit due to rising incidence of chronic diseases in the children below age 10 across the globe.

A large number of preventive vaccines to prevent children from HFMD are still under clinical trials. Some of the preventive measures to reduce the risk of getting infected with HFMD causing virus includes washing hands for 20 seconds after changing diaper, practice hygiene and cleanliness, avoid close contact with the infected person, disinfect frequently touched surfaces by infected person, and others.

Hand, foot and mouth disease treatment consist of various over-the-counter pain relievers and fever reducer drugs and registers a significant revenue growth in the hand, foot and mouth disease treatment market. The growing incidence of children acquiring this viral infection causing HFMD is further anticipated to drive the revenue generation in hand, foot and mouth disease treatment market over the forecast period.

Hand, Foot and Mouth Disease Treatment: Market Dynamics

Growing awareness regarding hand, foot and mouth disease treatment among people, availability of cost effective drugs in the market, and high prevalence of viral infection causing HFMD in children across the globe is expected to be the key factor driving growth of hand, foot and mouth disease treatment market.

The growing footprint of pharmaceutical manufacturers in the APAC region coupled with growing economic burden for hand, foot and mouth disease in Asia Pacific countries is expected to drive the demand for hand, foot and mouth disease treatment drugs, thereby generating more revenues in hand, foot and mouth disease treatment market.

Also, developed healthcare infrastructure and rising awareness programs for HFMD and increasing funding for clinical trials on hand, foot and mouth disease treatment drugs are some other factors propelling the growth of hand, foot and mouth disease treatment market.

Also, ease in FDA approvals for HFMD drugs in clinical trial phase is further expected to drive the growth of hand, foot and mouth disease treatment market. However, risk of acquiring other diseases such as Reye syndrome on consumption of pain relief drugs such as Aspirin is one of the major factor restraining the hand, foot and mouth disease treatment market growth.

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Hand, Foot and Mouth Disease Treatment Market: Overview

Based on drug type, Acetaminophen registers the highest demand in the hand, foot and mouth disease treatment market owing to the less side effects registered with usage of this drug as compared to others. Hand, foot and mouth disease treatment found major usage in management of blisters in mouth and rashes on hands and feet.

Rising prevalence of viral infections in children below age 10 and growing economic burden caused by HFMD is one of the major factor driving the demand of hand, foot and mouth disease treatment drugs for early management of viral infection in children, thereby fueling the hand, foot and mouth disease treatment market over the globe.

Hand, Foot and Mouth Disease Treatment Market: Region-wise Outlook

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

Asia Pacific is projected to hold largest shares in the global hand, foot and mouth disease treatment market primarily due to growing prevalence of HFMD in children in APAC region coupled with Asia Pacific being the most vulnerable area for a number of outbreaks of EV71 HFMD. North America followed by Western Europe registers the second largest revenue share in global hand, foot and mouth disease treatment market worldwide followed by Japan.

Hand, Foot and Mouth Disease Treatment Market: Key Players

Some of the key players present in global hand, foot and mouth disease treatment market are Adimmune Corp., CJ HealthCare Corp., Takeda Pharmaceutical Co Ltd., Shanghai Zerun Biotechnology Co Ltd., Chongqing Zhifei Biological Products Co Ltd. and others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on

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

Hand, Foot and Mouth Disease Treatment Market: Segmentation

The global hand, foot and mouth disease treatment market is segmented by drug type and distribution channel:

Segmentation by Drug Type

  • Acetaminophen (Tylenol)
  • Ibuprofen (Advil)
  • Paracetamol
  • Others

Segmentation by Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Stores
  • E-Commerce

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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 9-years.

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Elastomeric Couplings Market Is Anticipated To Nearly Double By 2032, According To Future Market Insights

The elastomeric couplings market is anticipated to record a CAGR of 4.3% during the forecast period. It has been analyzed that the elastomeric couplings market share could go up from US$ 1.18 Bn in 2021 to reach up to US$ 1.53 Bn by 2032.

Increasing demand for power transmission necessitates elastomeric couplings formed out of synthetic materials and polymers such as polyurethane. These material-flexing, non-lubricated connections can be found in drive systems and compressors, responsible for the immense demand for elastomeric couplings in the automotive market.

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Elastomeric couplings provide good operational qualities, such as vibration attenuation and high displacement tolerance. Special design alternatives for specialized purposes are also available for sales of elastomeric couplings as per the customer demand. In comparison to traditional couplings, elastomeric couplings have been shown to extend the life of linked equipment.

Industries and Automobiles need manufacturing machines that demand for elastomeric couplings as an important component to be fitted in gearbox and conveyor units. Growth in industrial areas and a rise in automobile volume in low-income countries are expected to directly or indirectly drive the sales of elastomeric couplings in the global market.

What is the Present Global Dynamics Influencing the Elastomeric Couplings Market

The advantage of elastomeric over metal couplings is the primary factor driving the sales of elastomeric couplings in the market. Elastomeric couplings offer better flexibility than any metal coupling. The various degrees of torsional softness make them unique from other metal couplings creating a huge demand for elastomeric couplings.

Elastomeric couplings offer frictional wear between components, so there is a minimum need for maintenance. The great durability and low maintenance costs make sales of elastomeric couplings more popular in the industries. Additionally, the automotive industry is anticipated to contribute to demand for elastomeric couplings, owing to the crucial need for precision, quality, and reliability in the operating processes in the upcoming years, thus providing the required elastomeric couplings market share growth opportunity.

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Who are the Key Players in the Elastomeric Couplings Market

Some of the prominent players contributing to t13120he global elastomeric couplings market share include System Components Inc., ABB Motors and Mechanical Inc., Rexnord Corporation, Astro-Tex Co., Inc., Altra Industrial Motion Corp., Lovejoy, Inc., Regal Beloit Corporation, Siemens AG, DieQua Corporation, R+W Antriebselemente GmbH, and Rathi North America.

The elastomeric couplings market study explains all of the top significant firms’ financial accounts, as well as their important advances, invention benchmarking, and PEST analysis. The FMI Market Research Expert conducts a thorough examination of the firm profile part, which includes a business description and financial data of all the prominent players with higher sales of elastomeric couplings in the recent past.

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Progressing Cavity Pumps Market: Overview, Data Updates, Reports Analysis & Forecast | FMI

Furthermore, dough, pulps, mashes and slurry from paper recycling plants, anaerobic digestion facilities and wastewater treatment plants are the typical fluids for which progressing cavity pumps are used. Progressing cavity pumps are often installed where a high discharge pressure is required while handling viscous fluids at high flow rates.

Initially, before the development of synthetic elastomers and adhesives, progressing cavity pumps (PCP) were used as fluid transfer pumps in a wide range of manufacturing and industrial applications. Also, progressing cavity pumps are considered an ideal choice to provide constant flow irrespective of liquid viscosity, which may vary.

Therefore, associated surface drive systems and downhole PC pumps are the two key features that differentiate from other forms of artificial lifts. Moreover, common situations such as elevated-temperature applications, water-source wells and hostile fluid conditions, among other applications are expected to enhance the progressing cavity pumps use.

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Progressing cavity pumps require low maintenance, produce low surface noise levels and have low profile surface equipment to compete with substitutes and propel the demand over the forecast period. Progressing cavity pumps relatively have simple installation and operation along with relatively low power costs, which is expected to drive the global progressing cavity pumps market.

However, limited production rate and the lower lifting capacity of larger progressing cavity pumps are estimated to hamper the global progressing cavity pumps market over the forecast period. Further, the requirement of highly skilled labor to install and operate systems along with paraffin control issues in waxy crude application are further expected to hamper the market growth over the forecast period.

Regional Outlook

Europe, followed by Asia Pacific and North America, is estimated to hold a significant share in the global progressing cavity pumps market. Europe is projected to be a dominant consumer of progressive cavity pumps, owing to the extensive application across the oil and gas industry. Furthermore, Asia Pacific is estimated to exhibit significant growth during the forecast period, owing to the growth in wastewater, oil and gas activities. Moreover, the Middle East & Africa region is further expected to witness substantial growth during the forecast period. Latin America is expected to account for a small share in the global progressing cavity pumps market; however, during the forecast period, the region is estimated to witness substantial growth.

Regional analysis includes:

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Progressing Cavity Pumps Market: Market Participants

Some of the market participants in the global progressing cavity pumps market include,

  • Verder Liquids BV
  • PCM
  • NETZSCH
  • NOV Process & Flow Technologies UK Limited
  • Liberty Process Equipment, Inc.
  • Colfax Americas
  • Roper Pump Company
  • Ritmac
  • Bornemann Exzenterschneckenpumpen GmbH
  • Apergy Artificial Lift

Key Data Points Covered in the Report

Some of the key data points covered in global Progressing Cavity Pumps market include:

  • An overview of the Progressing Cavity Pumps market, including background and evolution
  • Macroeconomic factors affecting the Progressing Cavity Pumps market and its potential
  • Global Progressing Cavity Pumps market dynamics, such as drivers, challenges and trends
  • Global Progressing Cavity Pumps market technology roadmap involved from inception period to present date
  • Detailed value chain analysis of the Progressing Cavity Pumps market
  • Cost structure of the products and segments covered in the global Progressing Cavity Pumps market
  • In-depth pricing analysis, by key product segments, regions and by major Progressing Cavity Pumps market participants
  • Analysis of supply and demand, such as top producing and consuming geographies, imports/exports and overall trade scenario in the global Progressing Cavity Pumps market
  • Analysis of the global Progressing Cavity Pumps market structure, including a tier-wise categorization of key Progressing Cavity Pumps for industrial facilities market participants

Competitive landscape of the Progressing Cavity Pumps market, including detailed profiles of top players in the Progressing Cavity Pumps market

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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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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Chemical Reactors Market: Notable Developments & Geographical Outlook | Says FMI

Globally, the industrial sector in any geographical region plays a vital role in the growth of the economy through manufacture, export or other means. The economics of overall chemical process are determined and primarily depend upon chemical reactor. The global economy is supported by increased industrial production globally. The chemical sector is an important entity that influences growth of a region in many aspects. It has been experiencing promising growth over the last couple of years and is expected to thrive with the same potential over the next few years.

Chemical reactors have several components, such as a jacket that can increase or reduce the temperature as per the reaction mass demand, internal coils that provide heat to reaction mass when needed, an external heat exchanger that is used for circulation purpose, the cooling effect that may help while transferring reaction mass from one reactor to other, an agitator that mixes the reaction mass homogenously and instrumentation controls that control the temperature and pressure throughout the reaction time.

The prime element of any chemical reactor is the material balance of the reaction and heat and mass transfer of the same. Several factors, such as raw materials used and their chemical and physical characteristics, thermodynamic behavior of every component taking part in the reaction, reaction rate, heat of the reaction, corrosion and erosion  characteristics, are considered before designing any chemical reactor.

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Manufacturing of chemicals involves several operations and the primary equipment required for production are chemical reactors. Chemicals reactors are vital equipment of any chemical process industry. A chemical reactor is a vessel that contains reaction mass for manufacturing of various chemicals, in which mass transfer, heat transfer, friction, diffusion and other processes take place. A chemical reactor ensures safety and uninterrupted flow of process.

Key Opportunities

Increasing opportunities in end use industries are expected to propel the growth of the chemical reactors market. On the basis of competitive landscape, the market is classified into organized and unorganized sectors. Prominent players are focusing on adopting alternative distribution channels, such as online sales, to further strengthen their market presence in the regional as well as global market.

Majority of key players are focusing on acquiring small players, whereas small-scale companies need to make significant investments in R&D to introduce new products and enhance their presence across the globe. Low cost production could substantially help these players to raise their market revenue share. Emphasis on product innovation along with focus on sales through direct distribution are the two major differentiating factors that enable organized players to hold significant market shares in the global and regional markets.

Regional Outlook

Supply of various chemicals is dominated by Asia Pacific region across the globe, with significant chemicals production volumes, China is expected to lead the chemical reactors market followed by North America and European region.

Increasing degree of fragmentation in supply of bulk and agrochemicals across the globe is expected to be a key driver in the global chemical reactors market. Replacement and refurbishment activities in established economies are further expected to drive growth in global chemical reactors market.

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Key Players

Key players identified in the global chemical reactors market are Bepex International LLC, SV Equipments, McGean-Rohco Inc, Oxkem Limited, Kalina Engineering Pvt. Ltd, Pratik Engineering, Hexamide Agrotech Inc, Dharma Engineering and Sigma Scientific Glass Pvt. Ltd.

Chemical Reactors Market

The research methodology for the chemical reactors market is based on the several macroeconomic factors, supply and demand based driving factors, which can influence the market trends. In addition to this, we identify and allocate a weighted score to forecast factors that influence the demand for target products. These factors are the representative of an entire value chain, as well as the macro-economic indicators such as per capita consumption pattern in respective geographies. We then map the historical growth rate and future growth projections of these factors with estimated year data (base year) and arrive onto growth forecast for targeted types in each country.

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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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Worldwide Balers Market Size, Growth Analysis Report, Forecast to 2028: FMI

The Global Balers market is expected to gain traction in its usage due to large scale livestock feedlot operations, where tons of feeds are rationed every hours. The market is being governed primarily by a set of tier-1 manufacturers who rule on global as well as on local / regional levels.Increasing product awareness amongst end users, preference for stationery wire tying balers have been identified as primary factors responsible for market growth.

Since the launch of balers, major manufacturers have underwent a lot of technological up gradations to enable convergence of balers with a plethora of advancement, such as tractor pulled automatic tie pick up, or a wire tying balers. Additionally, manufacturers are launching new balers with advanced features to sustain their market share over the forecast period. For instance, Claas KGaA mbH introduced new stationary chamber round balers named Rollant 620, with 1.50 m diameter of bale.

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This has been developed for harvesting of hay and straw with high throughput and bale density. Similarly, Massey Ferguson, launched new series MF 2200 (large square balers) which includes a new Packer Cutter for the MF 2240 and MF 2250 models. Likewise (Aug, 2017), the company (Deere and Company) introduces five new models for precutter baler (1.5m) and round bale accumulators. These all models comprise of the new (0 Series Round Balers) which are build upon the nine series balers and comprise of new features which improve balling speed, hay pickup and productivity in the field.

Therefore, to gain competitive advantage, manufacturers are providing possible services and product training facilities to consumers (farmers) via several initiatives. Aftersales service facilities and training are being provided by manufacturers through distributors/franchisees or direct sales channel in the target regions. Therefore these kind of activities, in turn, enhance the brand image and consolidating companies’ business footprint as well as consumer base.

Regional Market Outlook

The global balers market is segmented into the following regions – Middle East and Africa, China, India, North America, Latin America, Eastern Europe, Western Europe, Japan and South East Asia. India and China have been dominant in the Global Balers market mainly due to increased acceptance by farmers on individual as well as commercial level. In North America, the USA is a prominent market due to the high demand from agricultural industry.

Western and Eastern Europe are also expected to provide sound growth opportunities due to rising awareness about balers. Latin America is also projected to grow with considerably high CAGR due to rising demand from countries such as Brazil and Mexico. Growth in the Middle East and African region is expected to be considerably less as compared to the other regions.

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Key Players

The key players ruling the global Balers market are Deere & Company, Case Construction Equipment, Caterpillar Inc., Kuhn S.A, AGCO GmbH, Vermeer Corporation, Claas KGaA mbH, Krone UK Ltd., to name a few in the global and regional specific markets.

Increasing opportunities in the agricultural industry due to the advancement in technology, and increase in demand from industrial sector are expected to create demand for balers in the forthcoming years. With the market being less focused, opportunities for market entrants are projected to be on the optimistic side with focus on regional/ local markets by market participants. Also, the value or supply chain is expected to expand due to an entry of retailers and product suppliers catering to high sales volume demand from the farmers receiving significant trade margins.

Brief Approach to Research

FMI will follow a modelling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the nature, product type and end uses of the product segments covered in the study is followed by a demand-side analysis to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data is collected at a regional level and consolidated and synthesized at a global level to estimate the overall market sizes.

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

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Industrial Lift Ladder Market Outlook by Key Players, Industry Overview, Supply and Consumption Demand Analysis By 2032

This Industrial Lift Ladder market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Industrial Lift Ladder market.

The industrial lift ladder market is expected the total revenue generated by the industrial lift ladder market share will go up from US$ 1.14 Bn in 2021 to reach a net worth of US$ 1.8 Bn by 2032.

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Industrial Lift Ladder Market: Introduction

The industrial lift ladder is a special version of regular ladders, which find their application solely for industrial purposes. An industrial lift ladder provides a platform for a person to stand safely or for keeping certain materials, tools or goods. Industrial lift ladders are available in different product types such as hydraulic, pneumatic and electric. On the basis of mode of operation industrial lift ladder are available in automatic, semi-automatic and manual mode. Folding, standard, pivoting, cantilever and stock picker are some of the generally preferred designs in industrial lift ladders.

Such type of heavy-duty industrial lift ladders are preferred in areas where difficult conditions of storage, usage & carriage exist. Industrial lift ladder evenly distribute the load, owing to which chance of accident or failure is reduced. Industrial lift ladders can be manufactured or fabricated from various materials such as mild steel, aluminum, stainless steel etc. Industrial lift ladder has found numerous role in variety of industries such as chemical, petrochemical, oil & gas, logistic & supply chain, automotive & aerospace, and building & construction amongst other industries. Industrial lift ladder helps the industries in following the safety norms and reduce the number of onsite injuries and accidents.

Industrial Lift Ladder Market: Dynamics

Rapid growth of industrialization has led to the progression of numerous industries around the world. Rising number of industries has escalated the demand for industrial lift ladders for various application. Growing population augmented immigration of people to urban areas and increased focus on infrastructural growth has increased building and construction activities, owing to which there is an upsurge in demand for industrial lift ladders from the construction industry. Unprecedented growth in e-commerce technology has led to rapid development in the logistics, warehousing and supply chain sectors, and it is bound to become a key opportunity area for industrial lift ladder market.

Implementation of stringent government regulations like surrounding workers safety and maximum height of ladders, levied on emerging and developed economies are also estimated to drive increased adoption of industrial lift ladder.

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Industrial Lift Ladder Market: Regional Outlook

Rising urban population and industrialization in Asia Pacific region have led to an increase industrial production activities. Rapid industrial growth in Asia Pacific region will drive the demand for industrial lift ladder market. Apart from this, rising urbanization has led to increase in the building and construction activities in Asia Pacific region, owing to the enlisted reasons Asia Pacific is expected to be a promising market for industrial lift ladders.

Predominance and high presence of the various industries such as Automotive and Chemical in the regions such as North America and Europe, owing to which North America and Europe are estimated to be prominent market for industrial lift ladders. The construction industry is witnessing a decent growth in Latin America and thus, the region is anticipated to be a decent market for industrial lift ladder. The predominance of the oil & gas industry in the Middle East and the growing construction industry in Africa jointly make Middle East & Africa region a high potential market for industrial ladder lift.

Industrial Lift Ladder Market: Key Participants

Examples of some of the market participants operating in the global industrial lift ladder market are:

Safety Hoist Company, VBK Industries and Equipments, GEDA – USA, KENNARDS HIRE, Ziamatic Corp.  Wildeck, Inc., S.W. Betz, Inc., E.S. Industries, J. N. Ladders, and ALCO Aluminium Ladders., among others.

The Industrial lift ladder market research report presents a comprehensive assessment of the Industrial lift ladder market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Industrial lift ladder market research report provides analysis and information according to Industrial lift ladder market segments such as geographies, application and industry.

The Industrial lift ladder market research report presents a comprehensive assessment of the Industrial lift ladder market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Industrial lift ladder market research report provides analysis and information according to Industrial lift ladder market segments such as geographies, application and industry.

Regional analysis includes,

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics)
  • Eastern Europe (Russia, Poland, CIS)
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The Industrial lift ladder Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with Industrial lift ladder market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Industrial lift ladder market segments and geographies.

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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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