Market Research Blog

[307 Pages Report] The global hemostasis products market is estimated to garner US$ 2,638 Million while exhibiting a 5.3% CAGR during the forecast period. The growing support from several governments is likely to fuel the market growth in the coming years. The industry is expected to secure US$ 1,580 Million in 2022.

Request Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-15386

High-level technological advancements, strong economies, and a swarming pool of patients with a variety of blood disorders are the chief factors that will boost the market for hemostasis products in the near future. The leading causes of surgeries are cardiovascular disease and stroke, cancer, and injury. And any surgical procedure can develop severe complications and result in uncontrollable bleeding thus increasing the demand for hemostasis products.

The rapidly growing medical tourism sector coupled with the high investment made by governments of various countries towards the growth of the healthcare sector will provide lucrative opportunities for the growth of the market. The high expenses related to hemostasis products and stringent regulatory policies and the use of off-label products are projected to restrain the market’s growth over the forecast period.

The topical hemostasis product segment is likely to offer remunerative opportunities for the global hemostasis products market. Several emerging economies are making significant developments in their technological sector, thereby, providing lucrative opportunities to players in the market.

Key Takeaways:

• The global hemostasis products market is estimated at USD 1,501 Million in 2021
• By product, the topical hemostat segment accounts for a market share of 68.5% in 2021
• By application, the myocardial infarction segment accounts for the highest market share of 19.5% during the forecasting period.
• Market in the U.S to procure a market share of 29.5% during the assessment period.

“The increasing number of trauma and surgical cases, technological advancements in the fields of hemostasis products, and an increase in the prevalence of blood disorders are expected to fuel the demand for hemostasis products market over the forecast period”

Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-15386

Competitive Landscape

Key players in the global hemostasis products market are Medtronic, Johnson & Johnson, Baxter International, Pfizer, Becton, Dickinson, and Company (BD), B. Braun Melsungen AG, Tricol Biomedical, Hemostasis LLC, Teleflex Incorporated, CuraMedical BV, among various others

Recent updates from the industry are:

• In July 2021- Baxter International Inc announced its Baxter Healthcare Corporation subsidiary has completed the acquisition of certain assets related to PerClotPolysaccharide Hemostatic System from CryoLife, Inc. The transaction reinforces Baxter’s strategy of acquiring products and technologies that both complement and augment the company’s leading portfolio across the hospital, including in the operating room. PerClot has a global commercial presence with sales in more than 35 countries worldwide.
• Hemostasis is committed to producing high quality medical devices that are safe and effective for their intended use. Hemostasis introduced. BoneSeal bone hemostat is a new generation, absorbable solution providing immediate and long-term hemostasis without immediately dissolving. BoneSeal hemostat works quickly and delivers better results for you and your patients.

Buy Now/Purchase @ https://www.futuremarketinsights.com/checkout/15386

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global hemostasis products market presenting a historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of Product (Topical hemostasis products, Infusible hemostasis products, Advanced hemostasis products) by Application (Trauma, Surgery, Hemophilia, Myocardial infarction, Others) and Region (North America, Europe, APAC, MEA, and Latin America)

About FMI:

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

Contact Us:
Future Market Insights,
Unit No: 1602-006,
Jumeirah Bay 2,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers,
Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs

[341 Pages Report] Since the common cold is a viral infection, there is no genuine treatment; nonetheless, there is a well-established market for symptom relief that attracts a lot of interest, demand, and spending.

As per Future Market Insights’ latest industry analysis, the valuation for the global throat sprays market was around US$ 465.7 Mn in 2021 and is projected to exhibit a CAGR growth of close to 2.1% over the forecast period, with an estimated valuation of US$ 586.1 Mn in 2032.

Request Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-15391

The widespread proliferation of viral infections in recent years has increased the demand for products that boost immunity. Infections can spread through a variety of channels, even with the strictest precautions. Healthcare industry players are now looking for herbal products that enhance immunity with minimal adverse effects, in order to reduce the associated risks and to cater to the demand for treatments with less detrimental impact.

Herbal infusions, cold beverages, lozenges, and candies containing herbal extracts with calming or numbing elements are frequently the first option of treatment for moderate sore throat symptoms. However, the chemicals in lozenges and sweets are not often directed at the mouth cavity and are delivered relatively slowly. Using a throat spray is a superior and practical treatment option for a sore throat, which is also highly targeted for symptom relief.

“Growing preference for natural-ingredient based throat sprays, along with wide availability of OTC medicines across online sales channels will create opportunities for growth in the market over the forecast period,” says an FMI analyst.

Key Takeaways:

• Based on product type, sales of anesthetic throat sprays will gain traction through 2032.
• In terms of spray type, the pump and dispensers segment will hold around 2% of the total market share by 2032.
• By capacity, demand for 20-30 ml throat sprays will gain traction at a 4% CAGR during the forecasted years.
• Hospital pharmacies will dominate the market by 2032. The segment held around 4% of the total market share in 2021.
• The U.S. will lead the North America throat sprays market through 2032.
• Demand for throat sprays in Germany will grow at a 2.9% CAGR over the forecast period.
• Sales in the China throat sprays market will increase at a 1.9% CAGR over the assessment period.

Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-15391

Competition Landscape

Research, investment in R&D, strategic collaborations, and technology play a vital role in the throat sprays market growth. Manufacturers and integrators commonly use acquisitions, collaborations, promotions, expansions, and product launches to transfer technology and broaden their customer base internationally. For instance:

• In June 2021, URSATEC developed a melatonin spray – 100% free from preservatives. It is an effective sleep spray, which is void of any kind of preservatives, for better tolerability and safe use.
• In March 2022, Procter & Gamble announced that it would expand its manufacturing facility located at 100 Swing Road in Greensboro by 80,000 square feet and create an additional 46 jobs. The company plans to invest $110 million in the expansion.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the throat sprays market in its latest study, presenting a historical demand assessment of 2015 – 2021 and projections for 2022 – 2032.

The research study is based on the spray type – (anaesthetics throat sprays, anti-inflammatory throat sprays, pain relief throat sprays, anti-bacterial throat sprays, and natural extract throat sprays), by closures (aerosol sprays, and pump & dispensers), by capacity (5 ml, 10-15 ml, 20-30 ml, and >30 ml), by distribution channel (retail store chains, drug stores, hospital pharmacies, and online pharmacies), across seven key regions of the world.

Request Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-15391

Key Market Segments Covered in Throat Sprays Industry Research

Spray Type:

• Anaesthetics Throat Sprays
• Anti-inflammatory Throat Sprays
• Pain Relief Throat Sprays
• Anti-bacterial Throat Sprays
• Natural Extract Throat Sprays

Closures:

• Aerosol Sprays
• Pump and Dispensers

Capacity:

• 5 ml
• 10-15 ml
• 20-30 ml
• >30 ml

Distribution Channel:

• Retail Store Chains
• Drug Stores
• Hospital Pharmacies
• Online Pharmacies

About FMI:

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

Contact Us:
Future Market Insights,
Unit No: 1602-006,
Jumeirah Bay 2,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers,
Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs

A removable partial denture (RPD) is a partial denture for those patient who wants to have replacement teeth for aesthetic or functional reasons. Removable partial denture is mostly used by those people who are not eligible for fixed partial dentures and implant supported prosthesis. Removable partial denture prosthesis can be made-up from metal alloy, acrylic resin and thermoplastic resin. When required, patients can remove and reinsert a removable partial denture without professional help.

Whereas a fixed partial denture can only be removed by a dental professional. A removable partial denture is a prosthesis that replaces few missing teeth. A removable partial denture is an absolute prosthesis which is used in dental profession since years for rehabilitation of edentulous patients. Removable partial denture consists of a metal alloy which is made up of base metal alloys (usually with cobalt-chromium alloy).Acrylic teeth is attached to the metal base of removable partial denture. Metal retentive clasp are present which holds the cast partial denture in place.

These removable partial dentures are attached with the help of metal framework to keep the teeth on place. The metallic appearance of the clasp may be preventive, used for treating those patients who are very much worried about the aesthetics. Benefits of the removable partial dentures are improved chewing and speaking, reduces sagging and premature aging of the face, decreased risk of gum diseases, prevents the remaining teeth form shifting around, lowered jaw stress and tension, etc.

To remain ahead of your competitors, request for a sample – https://www.futuremarketinsights.com/reports/sample/rep-gb-5278

Removable Partial Dentures Market: Drivers and Restraints

The key factors responsible for the growth of global removable partial dentures is the growing incidence of teeth loss, rising aging population and increasing disposable income. In addition, the increasing focus on providing quality dental care and growing life expectancy of the adult population is creating the need in the removable partial dentures market and hence increasing the growth of global removable partial dentures market. However, low reimbursement, fewer experienced denture technicians and poor dental insurance coverage for dental implant is restraining the growth of global removable partial dentures market.

Removable Partial Dentures Market: Overview

A removable partial denture is used to fill the gap between the teeth. Removable partial denture is attached to the teeth with the help of metal framework to keep the teeth on place. The current scenario of the global removable partial dentures market is increasing due to the majority of the population are losing their teeth due to the gum diseases or tooth decay. Acrylic material for removable partial dentures are less expensive as compared to the other materials and this increases the adoption of acrylic material. Acrylic partials are mostly used as a temporary replacement of the missing teeth. Removable partial dentures provides an additional support for a more stable and powerful bite for easier chewing. Removable partial dentures can also enhance the natural appearance and ability to speak clearly.

Removable Partial Dentures Market: Regional Overview

Region wise, the global removable partial dentures market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, and Middle East and Africa. North America is expected to lead the market due to the better economic condition, advanced healthcare facilities and better government initiatives. In addition, more business investments for research and development in North America makes the region a leading market for global removable partial dentures market. Europe market is expected to hold second largest market share followed by Latin America due to increasing awareness. Asia Pacific is expected to show the moderate growth due to the lack of awareness amongst people.

Removable Partial Dentures Market: Key Players

• VITA Zahnfabrik H.
• Rauter GmbH & Co.
• KG, Yamahachi Dental Products
• Den-Mat Holdings, Kanfit 3D Ltd.
• Renishaw plc. Beta Health Association
• Inc.,Polident, Klema.

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 geography, grade, form and applications.

The report covers exhaustive analysis on:

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

Ask from Market Research Expert – https://www.futuremarketinsights.com/ask-question/rep-gb-5278

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Rest Of Latin America)
• Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
• Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
• Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC countries, S. Africa, N. Africa, Rest Of MEA)

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.

Removable Partial Dentures Market: Segmentation

The global removable partial dentures market is classified on the basis of material type, end user, and geography.

Based on material type, the global removable partial dentures market is segmented into the following:

• Acrylic
• Flexible thermoplastics
• Replacement partials
• Combination of metal/acrylic
• Cast Metal

Based on end user, the global removable partial dentures market is segmented into the following:

• Hospitals
• Dental clinics
• Dental schools
• Laboratories

For in-depth insights, Download a PDF Brochure – https://www.futuremarketinsights.com/reports/brochure/rep-gb-5278

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint.

About FMI:

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

Contact Us:
Future Market Insights,
Unit No: 1602-006,
Jumeirah Bay 2,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers,
Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs

[342 Pages Report] The thiamine market is expected to see a significant CAGR of 13.9%, and is projected to increase from US$ 170.9 million in 2021 to US$ 715.32 million by 2032.

Thiamine’s expanding use in mental health is driving up the market size, as its uses go beyond only physical health. Additionally, the market leaders for thiamine, like Jiangsu Jubang Pharmaceutical Co. Ltd, work hard to preserve their leadership positions by bringing in the biggest percentage of revenue and snatching up the largest portion of the market.The product’s expanding function in energy metabolism, as well as the growth and development of healthy cells, is what largely drives the thiamine market. The growing demand for thiamine is mostly due to increased public awareness of the human body’s thiamine deficiency.

Request Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-15349

Sales of thiamine are expanding, as it is used by both humans and animals. Animals are given the chemical to protect their livers and kidneys against lead-induced lipid peroxidation. It is essential for both the development and growth of healthy cells, as well as for human energy metabolism.

The increased frequency of illnesses and the lack of knowledge and awareness surrounding thiamine deficiency may be limiting factors for the growth of the thiamine market. Furthermore, this shortage can lead to a number of other serious health issues.

Due to the country’s rising healthcare spending, aging population, improved medical facilities, changing pharmacy distribution networks, and cutting-edge technologies, the United States is one of the main consumers of protein components.

Key Takeaways of the Thiamine Market

• The thiamine market is expected to have a CAGR of 9% during the forecast period.
• The thiamine market is anticipated to have a valuation of US$ 715.32 million by 2032.
• The thiamine market had a valuation of US$ 170.9 million in 2021.
• The thiamine market is segmented based on surgical application, wherein the dietary supplementary segment had a CAGR of 1% in 2021.
• The pharmaceutical segment holds the second leading position as a result of the usage of thiamine in treatments for a number of disorders.
• The Asia Pacific dominated thiamine market, with a CAGR of 0% in 2021.
• The North America thiamine market is expected to expand rapidly, with a prodigious share during the forecast period.

Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-15349

Competitive landscape: Fresh Companies Are Meeting The Product Demand

Due to the increasing customer demand for the products and the dwindling supply of manufacturers, there are many opportunities for the existing firms to gain a strategic and competitive advantage. With the assistance of experienced and productive R&D, new businesses can create goods that are ready for the market.

In order to gain a competitive edge and ensure consumer satisfaction, the top players in the thiamine market have taken a number of strategic actions, including setting up various research programs, lowering prices, and carrying out profit-making and expansion initiatives.

Recent Developments: Innovations and Product launches

• The US Food & Drug Administration (USFDA) has given final permission for Aurobindo Pharma Limited to produce and sell Thiamine HCl Injection 200 mg/ 2 mL Multi-Dose Vials.
• February 18, 2021 – Through its US subsidiary, Hikma Pharmaceuticals USA Inc. The multinational pharmaceutical business Hikma Pharmaceuticals PLC (Hikma) has introduced Thiamine Hydrochloride Injection, USP, 200mg/2mL, in the US.

Buy Now/Purchase @ https://www.futuremarketinsights.com/checkout/15349

About FMI:

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

Contact Us:
Future Market Insights,
Unit No: 1602-006, Jumeirah Bay 2, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
LinkedIn| Twitter| Blogs
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

For in-depth insights, Download a PDF Brochure – https://www.futuremarketinsights.com/reports/brochure/rep-gb-4048

About FMI:

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

Contact Us:
Future Market Insights,
Unit No: 1602-006,
Jumeirah Bay 2,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers,
Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs

[250 Pages Report] As per Future Market Insights’ latest industry analysis, the global robotic biopsy devices market was valued at around US$ 386.4 Mn in 2021 and is projected to exhibit a CAGR of 9.4% over the forecast period. The market is set to reach US$ 1.1 Bn in 2032.

One of the most significant cutting-edge technologies in neurosurgery is robot-assisted biopsy for brain tumors. Robot-assisted biopsy is used to increase the safety and effectiveness of biopsy technique, which is highly desired when organizing the management of tumor pathology.

Request Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-15412

The main objective of this cutting-edge technology is to add safety equipment to the modern neurosurgery operative inventory so that it can methodically improve the precision and accuracy in operation theaters, which is not otherwise conceivable. Additionally, robotic biopsy makes the thorough preoperative process easier than other types.

The market for robotic biopsy devices is anticipated to grow at a fast pace over the projected years due to rising need for safe and effective minimally invasive procedures and growing use of automated systems in the healthcare sector. It can be further attributed to rapid transformation of conventional healthcare systems to integrated digital technology.

Key Takeaways: Robotic Biopsy Devices Market

• By product, the systems segment is expected to showcase high growth at a CAGR of 4% by the end of 2032.
• By application, the brain biopsy category is leading the global robotic biopsy devices market and is projected to exhibit a CAGR of 3% during the forecast period.
• By end user, hospitals held around 5% of the global robotic biopsy devices market share in 2021.
• The U.S. currently dominates the North America robotic biopsy devices market and it had generated a share of about 8% in 2021.
• The U.K. is set to hold a share of nearly 2% in the global robotic biopsy devices market during the assessment period.

“Increasing use of automated technologies for surgical procedures and growing global burden of chronic diseases are expected to drive sales of robotic biopsy devices,” says an analyst of Future Market Insights.

Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-15412

Competition Landscape: Robotic Biopsy Devices Market

The market for robotic biopsy devices is oligopolistic, with the presence of a few established manufacturers. Product range of every player in the market varies as per the competitors’ licensed novel devices with unique applications. Key players are striving to gain regulatory authorizations for creating new medical devices, generating high product sales, and initiating marketing purposes.

• In October 2021, Medtronic reported that the Hugo robotic-assisted surgery (RAS) system had been granted the CE (Conformité Européenne) Mark, allowing for sales of the system across Europe.

What Does the Robotic Biopsy Devices Market Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the robotic biopsy devices market in its latest study, presenting a historical demand assessment of 2012 – 2021 and projections for 2022 – 2032.

The research study is based on the product (systems and instrument & accessories), application (lung biopsy, brain biopsy, prostate biopsy, and others), and end user (hospitals, ambulatory surgical centers, and academic & research institutes) across seven key regions of the world.

Key Players :

• Medtronic
• Renishaw plc
• iSYS Medizintechnik GmbH
• Mazor Robotics
• Biobot Surgical Pte Ltd
• Medrobotics
• Medtech SA

Buy Now/Purchase @ https://www.futuremarketinsights.com/checkout/15412

Robotic Biopsy Devices Market Outlook by Category

By Product:

• Systems
• Instrument & Accessories

By Application:

• Brain Biopsy
• Lung Biopsy
• Prostate biopsy
• Others

By End User:

• Hospitals
• Ambulatory Surgical Centers
• Academic & Research Institutes

About FMI:

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

Contact Us:
Future Market Insights,
Unit No: 1602-006,
Jumeirah Bay 2,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers,
Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs

The study projects that the sales of underground mining equipment worth ~US$ 15.9 Bn were recorded in 2022. However, the market value is likely to grow at a passive CAGR of 2.4% through 2029. China is projected to lead the East Asia market over the assessment period, with increasing sales of hydraulic mining machines. As per FMI, the East Asia underground mining equipment market is forecast to hold 43% of the total market share in 2022.

Furthermore, strict emission regulations for managed diesel emissions and worker safety in the mining industry are likely to inspire innovations that could help manage the constant price pressure more effectively and reduce the environmental impacts of the newest underground mining technologies.

In its latest study, Future Market Insights (FMI) assesses current trends in the underground mining equipment market and forecasts how they will affect market growth between 2022 and 2029.

Request Sample: https://www.futuremarketinsights.com/reports/sample/rep-gb-6296

 Advanced techniques of mining and their impacts on various socio-economic factors have been a prolonged concern worldwide. The shift of a majority of miners from surface or open-pit mining to underground mining has further amplified concerns vis-à-vis human safety and the environmental impacts.

Rising adoption of automatic underground mining equipment among manufacturers to sync with the ongoing trends in the ever-evolving mining industry is set to incur tech-driven transformations in this landscape, opines the study.

Technology is emerging as the most efficient tool for introducing enhanced features in underground mining equipment, and FMI’s study examines the influence of advancements in technologies and other microeconomic factors on the growth of the underground mining equipment landscape.

Mineworkers’ Staunch Inclination towards Hard Rock Mining Equipment

FMI’s study finds that every 7 out of 10 underground mining equipment sold in 2021 were designated for applications associated with hard rock mining platforms. Increasing demand for hard rock minerals, such as copper, gold, zinc, and lithium, in wide-ranging industries, has given rise to hard rock mining activities in the mining industry. Leading players in the underground mining equipment landscape are focusing on catering to the thriving need for improved productivity in underground hard rock mines with the launch of next-generation mining equipment.

In addition, conventional hard rock mining techniques result in the release of toxic gases including carbon dioxide (CO2), and Sulphur dioxide (SO2) among others, which is triggering the adoption of electric equipment in hard rock mines. In addition, the study finds that the coupling underground mining equipment that can carry out multiple operations including parallel cutting, loading, and hauling operations is likely to witness high demand in the coming years.

Ask an Analyst: https://www.futuremarketinsights.com/ask-question/rep-gb-6296

Visibly Growing Preference for ‘Rental’ over New

In rough terrains such as the mining industry, constant wear and tear of mining equipment lead to high replacement rates, incurring significant depreciation costs to the end-users. As large mining machinery, including underground mining equipment, come with a significantly high price tag, purchasing new equipment creates the need for high capital investments.

A majority of miners are inclined towards purchasing used or refurbished equipment, even considering the option of renting rather than investing in new underground mining equipment. Since a majority of mining businesses are looking for reducing their initial investments, rental service providers are likely to gain traction in the coming years.

FMI’s study finds that more than half the revenue share is accounted for by rental service providers in the underground equipment market. Increasing end-user preferences for rental equipment are fostering the progression of this trend in the market. A mounting number of rental service companies are offering refurbished mining equipment that is specifically tailored to suit the requirements of the underground mining sector.

The FMI report also finds that leading stakeholders and investors in the underground mining equipment landscape are zooming in on their strategic focus on providing rental service packages to suit changing needs of their customers, regarding the inventory of equipment.

Customization Before Buying, Visit: https://www.futuremarketinsights.com/customization-available/rep-gb-6296

Underground Mining Equipment Market By Category

Product Type:

• Mining Loaders
• Mining Trucks
• Mining Drills
• Mining Bolters
• Mining Shearer
• Continuous Miners
• Mining Excavators & Shovels
• Mining Scalers

Mining Technique:

• Soft Rock Mining
• Hard Rock Mining

End Users:

• Mining Operators
• Rental Service Provider

Region:

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

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 7-years.

Contact:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Latest Report: https://www.futuremarketinsights.com/reports/
LinkedIn| Twitter| Blogs

Over 152 million units of industrial noise control systems were sold in 2021, totalling a market value worth US$ 4.8 billion. A new study by Future Market Insights (FMI) finds that industrial noise control market is expected to grow at 3.7% y-o-y in 2022.

The global industrial noise control sales were valued at around US $5,529.1 Mn at the end of 2021. The market is projected to register 4.6% CAGR and a top valuation of US $7,550.0 Mn by 2028. With an ever increasing demand for noise control solutions, manufacturers are focusing on using new materials for industrial noise control solutions.

The industrial noise control industry is witnessing a shift toward biodegradable materials over traditional materials. Manufacturers are incorporating green and sustainable materials in design and development of industrial noise control units to align with the ongoing sustainability trend.

Request Sample: https://www.futuremarketinsights.com/reports/sample/rep-gb-3515

Key factors influencing the growth of industrial noise control market include,

• Growing awareness of harmful levels of industrial noise
• Increasing emphasis on the protection of workers and employees from noise pollution
• Stringent environment regulation related to industrial noise control
• Incorporation of integrated noise control technologies in advanced industrial machinery

Polymer & Composites Remain Preferred Materials, Accounted for Over 4 in 10 Sales in 2021

The FMI study finds that polymer and composites are highly preferred materials for the manufacturing of industrial noise control units. Over 4 in 10 industrial noise control units sold in 2018 were made of polymer & composites.

Polymers and composite materials have higher soundproofing properties as compared to other materials such as glass, metal and fabric. In addition, new developments in composite materials provide biodegradability and recyclability, leading to higher sales.

Vibration Isolation Units Highly Sought-After

The FMI study finds that over 8 in 10 industrial noise control units sold in 2021 were equipped with vibration isolation unit. As vibrations can significantly impact the overall productivity and durability of a range of industrial machines, industrial noise control with vibration isolation units are highly sought after.

FMI thoroughly analyzed demand trends of different vibration isolation units such as isolation/machinery pads, isolation mounts, equipment bases and spring isolators. Among these, sales of isolation mounts were higher in 2021 and the demand trend will continue in the future as manufacturers consistently introduce advanced and more efficient vibration isolation mounts.

The industrial noise control market is also studied for flexible and rigid industrial noise control instruments by FMI. While both these noise control units significantly address noise pollution issues, FMI study finds that flexible noise control units accounted for the second highest sales in 2018 and demand for rigid noise barriers is expected to grow at 4% in 2022.

Customization Before Buying, Visit: https://www.futuremarketinsights.com/customization-available/rep-gb-3515

Industrial Noise Control Utilization in Internal Application Prominent, Accounted for 7 in 10 Sales in 2021

The FMI study estimates that demand for industrial noise control units for internal noise control application remained higher as compared to the application in external noise control. 7 in 10 industrial noise control units sold in 2021 were for internal application and the demand will continue to grow in the future.

Elevated sound levels at workplaces and other commercial or residential places can cause negative human health conditions such as hearing impairment, annoyance, sleep disturbance, hypertension and in some cases ischemic heart disease. Dissemination of knowledge regarding these harmful effects is contributing to increasing sales of industrial noise control units in the internal noise control application.

Growing awareness of environmental noise as a potential health concern, industrial measures are taken to address the impact of external noise sources. FMI shows that adoption of industrial noise control for external noise control application will grow at 3.9% y-o-y in 2022.

Demand for Industrial Noise Control Units Consolidates in Manufacturing Sector

According to the FMI study, the manufacturing sector remains a prominent end user of industrial noise control units. Different manufacturing industry verticals such as electrical & electronics, industrial machinery, automotive, metal and others significantly integrate industrial noise control measures.

Over 7 in 10 industrial noise control units were sold in the manufacturing sector in 2018, wherein industrial machinery vertical account for the highest sales. As keeping the noise within the OSHA levels in the different manufacturing sector is pivotal in ensuring health and wellness of employees.

Request Brochure:
https://www.futuremarketinsights.com/reports/brochure/rep-gb-3515

Demand in East Asia Continues to Surge, Europe Represents Second Largest Market

As per FMI valuation, countries in East Asia including China, Japan and South Korea registered significant demand for industrial noise control units in 2021. In terms of sales volume, Europe followed East Asia and collectively, these regions accounted for over 6 in 10 unit sales.

China in East Asia remains leading consumer of industrial noise control. A prominent manufacturing sector in the country contributes to the significant demand for industrial noise control. In Europe, Germany followed by France and the UK accounted for considerable bulk of regional demand in 2021.

While the growth prospects seem steady for the industrial noise control market, development of advanced industrial machineries integrated with noise cancelling technologies and sound or vibration absorbers can impede the market growth in the future.

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

Contact:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Latest Report: https://www.futuremarketinsights.com/reports/
LinkedIn| Twitter| Blogs