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Radiopharmaceuticals Market Size, Share, Trends, Industry Analysis : Research Methodology By Forecast to 2032
As per Future Market Insights (FMI), driven by rising cases of cancer and cardiovascular diseases, radiopharmaceutical market registered steady year-on-year growth Future Market Insights (FMI) predicted that the market for radiopharmaceuticals would be valued US$ 6.2 billion in 2022. The market for radiopharmaceuticals is expected to grow at a value CAGR of 4.3% between 2022 and 2032, reaching US$ 9.5 billion.
Increasing preference of non-invasive medical therapies and production of radioisotopes for the treatment is another factor that will stabilize the growth of radiopharmaceuticals market. Based on this, FMI projects the market is poised to expand at over 4.66% CAGR during the forecast period of 2021 and 2031.
Government initiatives and research activities undertaken to develop advanced radioisotopes for the treatment of cancer and to develop novel therapeutics will boost the demand. Also, introduction of novel technologies such as Positron Emission Technology and others in nuclear imaging systems will bolster growth.
Although, with increasing development activities and increasing commercialization of radiopharmaceuticals by industry giants have picked up the pace for the growth of market. Alongside this, increasing cases of cancer will accelerate the development of nuclear medicines in the field of radiopharmaceuticals.
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Prominent Players:
Siemens AG
Positron Corporation
Novartis (Advanced Accelerator Applications)
Curium
GE Healthcare
Lantheus Holdings Inc.
Sotera Health LLC
Bayer AG
Eckert & Ziegler
Key Takeaways from FMI’s Radiopharmaceuticals Market Study
In terms of application, oncology will contribute over 50% of global market share owing to the rising prevalence of cancer across the globe. Cyclotrons are expected to be the primary source of radiopharmaceuticals, accounting for maximum market share Based on radioisotope type, technetium-99 will remain highly preferred radioisotope in the global radiopharmaceutical market The U.S. will retain its global dominance backed by the high cancer and cardiovascular cases rising in the country India will emerge as lucrative market owing to the favorable government initiatives promoting the radiopharmaceuticals market Germany and the U.K. are spearheading the growth of Europe market, which is projected to grow at over 4.9% CAGR
“Increasing research and development initiatives aimed at the production of advanced radioisotopes and novel technologies will improve growth prospects for the leading players in the radiopharmaceuticals market,” says the FMI analyst.
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Competitive Landscape
Leading radiopharmaceuticals market players are focusing on expanding their customer base through strategic mergers and acquisition. Increasing research and development activities to develop advanced radioisotopes for the cancer treatment is another core strategy adopted by leading players.
Top 5 players including Siemens AG, GE Healthcare, Curium, Lantheus Holdings Inc., and Eckert & Ziegler are dominating the global radiopharmaceuticals market, contributing over 90% of revenue share.
In March 2021, Novartis announced the commercialization and obtained the rights to develop the therapeutic applications of Fibroblast Activation Protein (FAP) targeting agents including FAPI-46 and FAPI-74, through an assignment agreement with iTheranostics, Inc., an affiliate of SOFIE Biosciences, Inc.
Along with it the company announced the production and commercialization of new nuclear medicine, 18F sodium fluoride radiopharmaceutical in France.
In November 2020, Blue Earth Diagnostics, a leading molecular imaging diagnostic company, unveiled that their manufacturing company, Nucleis has manufactured and shipped their first doses of rhPSMA-7.3 (18F), an investigational Prostate-Specific Membrane Antigen (PSMA)-targeted radiohybrid PET imaging agent, for patients with prostate cancer.
Another industry giant, Jubilant Pharma Limited Company, in 2019, announced the integration of its radiopharmaceutical drug development and manufacturing business with its radio-pharmacy business into a global radiopharmaceutical brand, Jubilant Radiopharma.
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Radiopharmaceuticals Market by Category
By Radioisotope Type:
Technetium-99
Fluorine-18
Iodine-131
Leutetium-177
Yttrium-90
Gallium-68
Gallium-67
Rubidium-82
Iodine-123
Iodine-125
Indium-111
Others
By Application:
Oncology
Cardiology
Gastroenterology
Neuroendocrinology
Neurology
Nephrology
Others
By Source:
Cyclotrons
Nuclear Reactors
By End-User:
Hospitals
Diagnostic Imaging Centers
Ambulatory Surgical Centers
Cancer Research Institute
By Region:
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan
Japan
Middle East & Africa (MEA)
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Portable Ultrasound Bladder Scanner Market Growth, Trends Analysis Report 2028
According to a recent market study by Future Market Insights (FMI), the global portable ultrasound bladder scanner market was valued at US$ 126.3 million in 2021 and is projected to grow to US$ 191.7 million by 2028.
According to Future Market Insights analysts, while researching this report the overall market approach has been taken into consideration where key stakeholders in the worldwide portable ultrasound bladder scanner market are focussing on developing differentiated products to retain market share.
Manufacturers of portable ultrasound bladder scanners are focussing on the development of novel and cost-effective bladder scanner devices and are also establishing distribution agreements to increase geographic reach, especially in the Asia Pacific region. This comprehensive report on the global portable ultrasound bladder scanner market studies seven key regions across the globe and includes a market overview along with market forecast, drivers, restraints, trends and opportunities.
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The pricing analysis presented in the report includes the weighted average pricing of a single portable ultrasound bladder scanner. A demand-supply gap analysis has been carried out involving both marketplace discussions and desk research to determine pricing premiums. A country-wise analysis scenario includes price projections across various countries. Manufacturers and suppliers play a pivotal role particularly in the global portable ultrasound bladder scanner market and taking this into consideration, the value chain of the portable ultrasound bladder scanner market has also been analysed in this report.
Our expert analysts have utilised PEST (Political, Economical, Social and Technological) analysis while drafting this report. Besides, a detailed global epidemiology of urological disorders has been included in the report to provide a clear picture of the market scenario across the globe.
In 2020, the items received CE certification and FDA approval from the United States. The least invasive, successful alternative to conventional endoscopic stricture treatments for male anterior urethral strictures is Optilume®.
Moreover, Laborie Medical Technologies Corp. (Laborie) purchased Pelvalon, Inc. in October 2021. Pelvalon produces cutting-edge technologies like the EclipseTM System, a non-surgical, patient-controlled device for women with faecal incontinence (FI).
The portable ultrasonography bladder scanning devices have undergone tremendous progress, which offers additional therapeutic recommendations.
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Unique report structure
Primarily, the report on the global portable ultrasound bladder scanner market presents an overview of the entire market for portable ultrasound bladder scanner devices across the globe. The overview is followed by a market taxonomy, where the global portable ultrasound bladder scanner market is segmented on the basis of product, end user, and region. Future Market Insights has leveraged a bottom-up approach to assess market numbers for each product category and a top-down approach to counter-validate the reached numbers.
Macro-economic indicators such as healthcare industry outlook, healthcare spending, and prevalence of cancer have been considered to arrive at the indicated market numbers. The analyst team has also provided key strategic recommendations for both existing and new players in the global portable ultrasound bladder scanner market to emerge sustainably profitable. The report further covers the competitive landscape that provides a dashboard view of companies that manufacture and provide services in the global portable ultrasound bladder scanner market.
The report highlights company profiles of some of the key players and a strategic overview of mergers and acquisitions along with their expansion plans across different regions. The subsequent sections analyse the global portable ultrasound bladder scanner market on the basis of product type, end user and region, and present a comprehensive forecast for the period 2016–2026. The global portable ultrasound bladder scanner market is segmented as follows:
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By Product
2D Portable Ultrasound Bladder Scanner
3D Portable Ultrasound Bladder Scanner
By End User
Hospitals
Diagnostic Centres
Clinics
Ambulatory Surgical Centres
By Region
North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
MEA
Research methodology
A systematic research approach has been adopted while researching this report on the global portable ultrasound bladder scanner market. Rather than relying only on primary research, the analyst team at Future Market Insights has done in-depth secondary research to ascertain overall market size, top industry players, top products and industry associations. Data acquired through primary and secondary research has been validated through the triangulation method, and further scrutinised using advanced tools to obtain qualitative and quantitative insights into the industry.
Given the volatile nature of the world economy, besides estimating the Compound Annual Growth Rate (CAGR) for the global and regional markets, the report also analyses the global portable ultrasound bladder scanner market on the basis of key growth parameters such as Year-on-Year (Y-o-Y) growth to understand market predictability and to identify the right opportunities likely to emerge in the global portable ultrasound bladder scanner market during the forecast period. Further, the report studies the different market segments by conducting a Basis Point Share (BPS) analysis to understand the relative contribution of individual segments to overall market growth, thereby presenting a clear picture of the global portable ultrasound bladder scanner market
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Biopsy Device Market Growth, Trends Analysis Report 2033
The Market report envelopes an all-in information of the Global Biopsy Device Market and the nature of the Market growth over the foreseeable period.
In 2023, it is predicted that the global market for biopsy devices would be valued US$ 2.1 billion. By the end of 2033, the market is anticipated to be worth US$ 3.3 billion, growing at a CAGR of 4.9% between 2023 and 2033.
The market for biopsy instruments is boosted by the industry’s enormous growth in the desire for less invasive biopsy methods. It is anticipated that a number of technologies and products, including vacuum-assisted devices, needle-based biopsy guns, and biopsy guiding systems, will experience substantial growth over the course of the projected period.
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The report provides a comprehensive elaboration of the positives and negatives of the Global Biopsy Device Market with DROT and Porter’s Five Forces analysis. With SWOT analysis, the report offers detailed insights about different players operating within the Biopsy Device Market. In addition, the analysts of the report have served the qualitative and quantitative scrutinizing of different micro- and macro-economic factors influencing the Global Biopsy Device Market.
Key segments covered in the Global Biopsy Device Market report By Product Type include
Guidance System
Stereotactic X-Ray Guided Biopsy
Ultrasound Guided Biopsy
MRI Guided Biopsy
Needles
Core Needles
Fine Aspiration Needles
Guns
Reagents and Kits
Others (Brushes, Curettes and Punches etc.)
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The Biopsy Device Market report examines the consumption patter of each segment and the factors affecting the pattern. In addition, the report focuses on the production footprint of each segment in various industries and regions across the globe.
By End Use, the Global Biopsy Device Market consists of the following:
Hospital
Specialised Oncology Centres
Diagnostic Centres
Research Institutes
The Biopsy Device Market report helps the readers grasp the changing trend in the industry supply chain, manufacturing techniques and expenses, and current scenario of the end uses in the Global Biopsy Device Market.
Prominent players covered in the Global Biopsy Device Market contain
Boston Scientific Inc.
C. R. Bard, Inc.
B. Braun Melsungen AG
Cook Medical
INRAD Inc.
PLANMED OY.
All the players running in the Global Biopsy Device Market are elaborated thoroughly in the Biopsy Device Market report on the basis of proprietary technologies, distribution channels, industrial penetration, manufacturing processes, and revenue. In addition, the report examines R&D developments, legal policies, and strategies defining the competitiveness of the Biopsy Device Market players.
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The Biopsy Device Market analyses the following important regions:
North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
MEA
The Biopsy Device Market report answers the following queries:
Why consumers are highly inclined towards the consumption of segment in the Biopsy Device Market?
What are the opportunities available for players operating in the Global Biopsy Device Market?
Which trends have the maximum impact on the growth of the Global Biopsy Device Market?
Why region leads the Global Biopsy Device Market?
What are the drivers and restraints affecting the Market size of the Global Biopsy Device Market?
What the report encloses for the readers:
Critical insights of each segment, including volume growth outlook, and demand & supply pattern.
A to Z of each player – positives & negatives, current status, future developments – of the Global Biopsy Device Market.
Detailed information regarding the trends influencing the growth of the Global Biopsy Device Market.
In-depth assessment on the utilization of Biopsy Device in each end use industry.
Historical data and future growth outlook of the Global Biopsy Device Market.
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Paediatric Vaccine industry Growth, Trends Analysis Report 2032
According to a new report published by Future Market Insights titled for paediatric vaccines is anticipated to reach a value of US$ 48.8 billion by the end of 2022 and to grow at a CAGR of 12.7% to US$ 160.7 billion by 2032. In 2021, the global market will be led by the pneumococcal vaccination by indication, with a share of roughly 31.9%, according to a recent analysis by Future Market Insights.
Paediatric vaccine market is a billion dollar market accounting for a substantial proportion of healthcare expenditure in the recent times. The paediatric vaccine market is segmented according to indication, technology and vaccine type. According to the indication, the paediatric vaccine market is sub segmented into pneumococcal, DTP, rotavirus, influenza, meningococcal, hepatitis B, Hib, MMR and polio. According to technology the market is further segmented into live or attenuated, inactivated or killed, toxoid, conjugate, subunit and recombinant vaccines. By vaccine type, the global paediatric vaccine market is segmented into monovalent and multivalent vaccines.
A slew of routine immunisation initiatives rolled out by the government and private agencies has broadened the market for the paediatric vaccines. A new wave of funds pumped into the market by different government and private players to cork the rise of the child deaths across the globe has also opened a new window of opportunity for the paediatric vaccine market. As per the report of WHO (World Health Organization), the global spending on immunisation soared from US$21.4 to US$26.9 per infant in 2014. The massive economic boom in some regions of the world is expediting the growth of the paediatric vaccine market.
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Segmentation analysis
By indication, pneumococcal segment accounted for higher revenue share in global paediatric vaccines as compared to other product segments. The pneumococcal segment is expected to reach a value of US$ 31.58 Bn by 2026, reflecting a CAGR of 14.4% over the forecast period. The growth of pneumococcal segment is attributed to the increasing incidence of infectious diseases.
In terms of revenue, Hib vaccine segment is the second most growing segment and is expected to reach a value of US$ 13.49 Bn by 2026, growing at a CAGR of 13.4%. Hepatitis B and meningococcal segment are expected to show double-digit CAGR growth in the forecast period contributing to the growth of global paediatric vaccine market.
By technology, conjugate segment accounted for highest revenue share in global paediatric vaccine market as compared to live or attenuated segment. The conjugate segment is expected to reach a value of US$ 32.09 Bn by 2026, reflecting a CAGR of 14.8% over the forecast period. This is expected to be closely followed by the growth of pneumococcal and meningococcal vaccines in this segment
By end user, institutional health centres account for higher demand for paediatric vaccine as compared to other end user segments such as hospital pharmacies and retail pharmacies. The strong growth in institutional health centres can be attributed to increasing government interventions in immunisation programs in order to improve vaccine coverage. Institutional health centres are expected to register highest CAGR of 13.8% over the forecast period.
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Regional analysis
By region, North America is dominating the global paediatric vaccine market due to improved healthcare infrastructure in this region. The North America paediatric vaccine market is expected to be valued at US$ 20.15 Bn by 2026 growing at a CAGR for 11.0%. In addition to North America, demand for paediatric vaccines has been significantly growing in Western Europe and APEJ. APEJ is expected to grow at a CAGR for 14.9% over the forecast period and is expected to dominate the market by 2026 by generating revenue of US$ 22.69 Bn and revenues in Western Europe are anticipated to grow by 11.2%. Middle East and Africa is expected to grow at a CAGR of 12.6% and this growth is anticipated by growth government intervention for immunisation by carrying out national level immunisation campaigns and also disease specific immunisation campaigns.
Key players in the global paediatric vaccine market include
Indian Immunologicals,
GlaaxoSmithKline Plc.,
Pfizer Inc.,
Sanofi, Merck & Co. Inc.,
Panacea Biotec,
Zydus Cadila,
Emergent BioSolutions Inc.,
Serum Institute of India Pvt. Ltd.,
Bharat Biotech.
The growth of paediatric vaccine market is attributed to the development in the research by key players in the field, for instance, in February 2016, GSK submitted US regulatory submission for expanding the indication of FLuLaval Quadrivalent, influenza vaccine, for infants more than 6 months. These developments will boost the growth of the global paediatric vaccine market.
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Market Segmentation
Region
North America
Latin America
Western Europe
Eastern Europe
APEJ
MEA
Japan
Technology
Live or Attenuated Vaccine
Inactivated or Killed Vaccine
Toxoid Vaccine
Conjugate Vaccine
Subunit Vaccine
Recombinant Vector Vaccine
Indication
Pneumococcal Conjugate Vaccine
DTP Vaccine
Influenza
Meningococcal Vaccine
Polio Vaccine
Rotavirus Vaccine
MMR Vaccine
Varicella Virus Vaccine
End User
Hospital Pharmacies
Retail Pharmacies
Institutional Health Centres
Vaccine Type
Monovalent Vaccines
Multivalent Vaccines
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Interferons Market Growth, Trends Analysis Report 2032
As per a latest industry analysis by Future Market Insights, the global interferons market for interferons is anticipated to reach US$ 9.4 billion in 2022 and continue to grow at a CAGR of 3.9% from 2022 to 2032. By the end of 2032, the global market is projected to reach US$ 13.8 billion.
A group of proteins produced by white blood cells, fibroblasts, and T-cells in response to viral infections, bacteria, tumor cells, and other pathogens are known as interferons. These glycoproteins, also known as cytokines, are frequently referred to as the first line of defense against pathogens.
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Interferons have proved to be a cutting-edge and successful treatment option for illnesses such as cancer, hepatitis, and multiple sclerosis. In November 2021, for instance, the FDA approved BESREMi for the treatment of adults living with polycythemia vera, which is a recent advancement in the interferons industry.
Polycythemia vera is a group of rare, chronic, and life-threatening blood cancers caused by a mutation in bone marrow stem cells, which further leads to an abundance of blood cells. When this happens, a person is at high risk of significant health problems such as blood clots, strokes, and heart attacks.
One of the other factors driving the global interferons market is rising focus of key players on the development of innovative interferon-beta medications. Key players are also focusing on expanding their presence with the help of promotions, improved distribution networks, and enhanced customer services related to their products for the betterment of the brand and products.
For instance, in March 2020, Bayer and Curadev signed a research collaboration and license agreement to develop a novel stimulator of interferon genes (STING) antagonists across indications. It is known to help activate the innate immune system in auto-inflammatory diseases. Such breakthroughs in the global market are projected to bode well for the interferons industry in the upcoming decade.
Key Takeaways: Interferons Market
By product, interferon beta is the leading segment with a market share of around 2% in 2021.
In terms of indication, the multiple sclerosis segment dominates the interferons market and held a share of around 0% in 2021.
Based on end user, hospital pharmacies are expected to lead the interferons market and it generated a share of nearly 5% in 2021.
North America is considered to be the leading region in the interferons market with a share of about 2% in 2021.
“Growing number of therapeutic interferon approvals and their surging commercial applications in several disease indications are expected to propel the global interferons market,” says an analyst of Future Market Insights.
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Competitive Landscape: Interferons Market
Leading manufacturers such as Pfizer, Merck & Co., Zydus Cadila, and Novartis AG are focusing on collaborations and acquisitions to enhance their presence in the market and compete with their rivals during the forecast period. Below are some of the latest industry developments by key market participants:
In March 2022, Pfizer completed the acquisition of Arena Pharmaceuticals to expand its inflammation and immunology therapeutics segment.
In January 2022, Pfizer and Beam Therapeutics announced an exclusive collaboration to explore innovative In Vivo base editing projects for three targets in rare genetic illnesses of the liver, muscle, and central nervous system.
In January 2022, Merck & Co. completed the acquisition of Exelead and aims to invest more than € 500 million in technical scale-up. Merck’s Life Science business segment will be able to provide comprehensive end-to-end contract development and manufacturing organization (CDMO) services across the mRNA value chain as a result of the acquisition.
More Valuable Insights on Interferons Market:
Future Market Insights brings a comprehensive research report on projected revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2032. The global interferons market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on the interferons market segments based on product (interferon gamma, interferon beta, and interferon alpha), indication (multiple sclerosis, polycythemia vera, hepatitis C, melanoma, chronic granulomatous disease (CGD), and other indications), and end user (hospital pharmacies, retail pharmacies, specialty clinics, and online pharmacies) across seven major regions.
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Interferons Market Outlook by Category
By Product:
Interferon Gamma
Interferon Beta
Interferon Alpha
By Indication:
Multiple Sclerosis
Polycythemia Vera
Hepatitis C
Melanoma
Chronic Granulomatous Disease (CGD)
Other Indications
By End User:
Hospital Pharmacies
Retail Pharmacies
Specialty Clinics
Online Pharmacies
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Europe Radiotherapy Patient Positioning Market Growth, Trends Analysis Report 2032
The global sinus therapeutic drugs market will Between 2020 and 2030, the market for sinus therapeutic pharmaceuticals is anticipated to grow at a CAGR of more than 6.3%.
The development of biologics is amongst the most important factors catalysing the sinus therapeutic drugs market.
Omalizumab is garnering interest of researchers and drug manufacturers alike. It has obtained the approval all across the Europe and the US to treat severe allergic asthma.
In adults, sinus infections could be attributed to sinus glands having structural deformities, nasal polyps, and history of infection to respiratory tract, weakened immunity.
In children, sinus-related infections could be caused due to a pacifier, getting unduly exposed to second-hand smoke, feeding at the time of laying down, and likewise. Moreover, fungal infections and pollutants drive sinusitis.
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Key Takeaways
Steroid nasal sprays held the largest market share in 2019 and the scenario is expected to continue in the upcoming period as well.
North America accounted for more than 30% of market share in 2019
Antibiotics remain a first line of defence, and this category is likely to grow at steady pace through 2030
Covid-19 outbreak has diverted the research towards nasal drug delivery, which is likely to benefit even sinus therapeutic drugs market.
Key Participant Insights
The global market is set to witness a staggering growth in the forecast period. The market players are batting for organic as well as inorganic mode of expansion.
For instance –
In Jul 2020, Tiziana announced submission of patent application for Foralumab’s nasal administration. Foralumab is a 100% human Anti-CD3 monoclonal antibody to treat Covid-19 patients.
In Jun 2019, Sanofi and Regeneron Pharmaceuticals, Inc. announced approval of Dupixent (dupilumab) by the US FDA to be used with the other medicines for treating CRSwNP (chronic rhinosinusitis with nasal polyposis).
The key market players covered by FMI include Bausch Health, Nоvаrtіѕ АG, Ѕun Рhаrmасеutісаl Іnduѕtrіеѕ, Іnс., Rеddу’ѕ Lаbоrаtоrіеѕ, Іnс., Теа Рhаrmасеutісаl Іnduѕtrіеѕ Ltd., Frеѕеnіuѕ Каbі UЅА, Јоhnѕоn & Јоhnѕоn, Рfіzеr Іnс., Јаnѕѕеn Рhаrmасеutісаlѕ, Іnс., and GlaxoSmithKline plc.
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Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030.
The global sinus therapeutic drugs market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.
The study provides compelling insights on sinus therapeutic drugs market on the basis of drug class (Аntіhіѕtаmіnеѕ, Аnаlgеѕісѕ, Ѕulрhоnаmіdеѕ, Соrtісоѕtеrоіdѕ, Аntіbіоtісѕ, NSAID’s, and Оthеr Drug Сlаѕѕеѕ), type of disease (Acute Sinusitis, Sub-acute Sinusitis, Chronic Sinusitis), route of administration (Oral, Topical, Injectable), and distribution channel (hospital pharmacies, retail pharmacies, online pharmacies) across seven major regions
Key Segment
Route of Administration
Oral
Topical
Injectable
Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Disease Type
Acute Sinusitis
Sub-acute Sinusitis
Chronic Sinusitis
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Geography
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa
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Sinus Therapeutic Drugs Market Assessment and Key Insights Analyzed Till 2030
The global sinus therapeutic drugs market will Between 2020 and 2030, the market for sinus therapeutic pharmaceuticals is anticipated to grow at a CAGR of more than 6.3%.
The development of biologics is amongst the most important factors catalysing the sinus therapeutic drugs market.
Omalizumab is garnering interest of researchers and drug manufacturers alike. It has obtained the approval all across the Europe and the US to treat severe allergic asthma.
In adults, sinus infections could be attributed to sinus glands having structural deformities, nasal polyps, and history of infection to respiratory tract, weakened immunity.
In children, sinus-related infections could be caused due to a pacifier, getting unduly exposed to second-hand smoke, feeding at the time of laying down, and likewise. Moreover, fungal infections and pollutants drive sinusitis.
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Key Takeaways
Steroid nasal sprays held the largest market share in 2019 and the scenario is expected to continue in the upcoming period as well.
North America accounted for more than 30% of market share in 2019
Antibiotics remain a first line of defence, and this category is likely to grow at steady pace through 2030
Covid-19 outbreak has diverted the research towards nasal drug delivery, which is likely to benefit even sinus therapeutic drugs market.
Key Participant Insights
The global market is set to witness a staggering growth in the forecast period. The market players are batting for organic as well as inorganic mode of expansion.
For instance –
In Jul 2020, Tiziana announced submission of patent application for Foralumab’s nasal administration. Foralumab is a 100% human Anti-CD3 monoclonal antibody to treat Covid-19 patients.
In Jun 2019, Sanofi and Regeneron Pharmaceuticals, Inc. announced approval of Dupixent (dupilumab) by the US FDA to be used with the other medicines for treating CRSwNP (chronic rhinosinusitis with nasal polyposis).
The key market players covered by FMI include Bausch Health, Nоvаrtіѕ АG, Ѕun Рhаrmасеutісаl Іnduѕtrіеѕ, Іnс., Rеddу’ѕ Lаbоrаtоrіеѕ, Іnс., Теа Рhаrmасеutісаl Іnduѕtrіеѕ Ltd., Frеѕеnіuѕ Каbі UЅА, Јоhnѕоn & Јоhnѕоn, Рfіzеr Іnс., Јаnѕѕеn Рhаrmасеutісаlѕ, Іnс., and GlaxoSmithKline plc.
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Want more insights?
Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030.
The global sinus therapeutic drugs market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.
The study provides compelling insights on sinus therapeutic drugs market on the basis of drug class (Аntіhіѕtаmіnеѕ, Аnаlgеѕісѕ, Ѕulрhоnаmіdеѕ, Соrtісоѕtеrоіdѕ, Аntіbіоtісѕ, NSAID’s, and Оthеr Drug Сlаѕѕеѕ), type of disease (Acute Sinusitis, Sub-acute Sinusitis, Chronic Sinusitis), route of administration (Oral, Topical, Injectable), and distribution channel (hospital pharmacies, retail pharmacies, online pharmacies) across seven major regions
Key Segment
Route of Administration
Oral
Topical
Injectable
Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Disease Type
Acute Sinusitis
Sub-acute Sinusitis
Chronic Sinusitis
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Geography
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa
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Surgical Booms Market Growth, Trends Analysis Report 2029
Surgical booms are also known as Equipment Management Systems (EMS). Surgical booms are used to constrain electrical wiring from the various equipment used in the OR. They also help organise the space in the OR by increasing the working space. Most surgical booms are suspended from the roof of the OR and are available in a number of designs and utilities.
According to the latest research by FMI, the global surgical booms market is expected size of the global market for surgical booms was approximately US$ 276.0 Million in 2022. The total market is anticipated to develop at a moderate CAGR of 4.7% between 2022 and 2029, attaining a valuation of US$ 380.2 Million by the end of 2029 due to the growing usage of advanced equipment management systems in hospitals and ambulatory surgery centres.
Increase in the Adoption of Minimally Invasive Surgeries is Likely to Drive the Growth of the Surgical Booms Market
Minimally Invasive Surgery (MIS) is one of the major trends in medicine. MIS is a safe, feasible, and patient-friendly method of performing medical procedures such as surgery. MIS offers reduced postoperative pain, shorter length of stay in a hospital, lesser scarring or damage to tissues, and generally leads to faster recovery. Hence, MIS is easier and less time-consuming. As clinicians seek safer and more efficient ways to perform surgery, they find new applications for minimally invasive procedures, because the benefits of the same for patients are paramount.
Furthermore, the increasing number of insurance providers that offer reimbursement for costs incurred during most minimally invasive procedures is expected to increase the adoption rate of minimally invasive surgeries. The Centers for Medicare and Medicaid Services (CMS) provides reimbursement for peripheral access procedures, such as the insertion of a port or catheter into a large central artery that is directly related to or is near the heart. Thus, increase in the number of minimally invasive surgeries is boosting the demand for equipment management systems such as equipment booms.
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High Capital Investment for Integrated OR to Hinder the Growth of Surgical Booms Market
Integrated ORs utilise a crossover of medical interventions to form hybrid technologies. The development and integration of ORs requires the re-organization of professionals. In addition, there is a need to upgrade the capital equipment. Cost of such advanced capital equipment is high. Furthermore, compatibility with existing or new devices/infrastructure is likely to present a hurdle for the designers, manufacturers, and end users of surgical booms.
A hybrid OR, on an average, requires 50-80% more space as compared to a conventional OR in the U.S., and 30-40% more in Germany. The additional space required is another factor that is likely to increase the cost of the setup of an integrated OR. Thus, the capital cost required for an integrated OR is likely to hinder the growth of the surgical booms market.
Surgical Booms Market: Segmental Analysis
The global surgical booms market has been segmented on the basis of product, installation, and end user. On the basis of product type, the surgical booms market has been segmented into equipment booms, utility booms, anaesthesia booms, and custom booms. Custom booms lead the market due to the flexibility of choice the customers have from manufacturers. Based on installation, the surgical booms market has been segmented into roof mounting and floor mounting.
In terms of revenue, the roof mounting segment is expected to have a major share in the surgical booms market during the forecast period as these are more flexible and conserve space in the OR more effectively. On the basis of end user, the surgical booms market has been categorised into hospitals, ambulatory surgical centres, specialty clinics, and hybrid operating rooms. The revenue generated by the hospitals segment of the surgical booms market is expected to witness significant growth, which is driven by the presence of a large number of ORs and associated ICU departments at various hospitals.
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Surgical Booms Market: Companies
Some of the key players in the surgical booms market include
CV Medical LLC.
Stryker Corporation
Hill Rom Holdings Inc.
Amico Group of Companies
Steris Plc
Ondal Medical Systems GmbH
Getinge Group
Pratibha Medinox
Skytron LLc
Palakkad Surgical Industries
among others.
SURGICAL BOOMS MARKET TAXONOMY
By Product
Equipment Booms
Utility Booms
Anesthesia Booms
Custom Booms
By End User
Hospitals
Ambulatory Surgical Centers
Specialty Clinics
Hybrid Operating Rooms
By Installation
Roof Mounting
Floor Mounting
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Biopsy Device Market Growth, Trends Analysis Report 2033
The Market report envelopes an all-in information of the Global Biopsy Device Market and the nature of the Market growth over the foreseeable period.
In 2023, it is predicted that the global market for biopsy devices would be valued US$ 2.1 billion. By the end of 2033, the market is anticipated to be worth US$ 3.3 billion, growing at a CAGR of 4.9% between 2023 and 2033.
The market for biopsy instruments is boosted by the industry’s enormous growth in the desire for less invasive biopsy methods. It is anticipated that a number of technologies and products, including vacuum-assisted devices, needle-based biopsy guns, and biopsy guiding systems, will experience substantial growth over the course of the projected period.
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The report provides a comprehensive elaboration of the positives and negatives of the Global Biopsy Device Market with DROT and Porter’s Five Forces analysis. With SWOT analysis, the report offers detailed insights about different players operating within the Biopsy Device Market. In addition, the analysts of the report have served the qualitative and quantitative scrutinizing of different micro- and macro-economic factors influencing the Global Biopsy Device Market.
Key segments covered in the Global Biopsy Device Market report By Product Type include
Guidance System
Stereotactic X-Ray Guided Biopsy
Ultrasound Guided Biopsy
MRI Guided Biopsy
Needles
Core Needles
Fine Aspiration Needles
Guns
Reagents and Kits
Others (Brushes, Curettes and Punches etc.)
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The Biopsy Device Market report examines the consumption patter of each segment and the factors affecting the pattern. In addition, the report focuses on the production footprint of each segment in various industries and regions across the globe.
By End Use, the Global Biopsy Device Market consists of the following:
Hospital
Specialised Oncology Centres
Diagnostic Centres
Research Institutes
The Biopsy Device Market report helps the readers grasp the changing trend in the industry supply chain, manufacturing techniques and expenses, and current scenario of the end uses in the Global Biopsy Device Market.
Prominent players covered in the Global Biopsy Device Market contain
Boston Scientific Inc.
C. R. Bard, Inc.
B. Braun Melsungen AG
Cook Medical
INRAD Inc.
PLANMED OY.
All the players running in the Global Biopsy Device Market are elaborated thoroughly in the Biopsy Device Market report on the basis of proprietary technologies, distribution channels, industrial penetration, manufacturing processes, and revenue. In addition, the report examines R&D developments, legal policies, and strategies defining the competitiveness of the Biopsy Device Market players.
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The Biopsy Device Market analyses the following important regions:
North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
MEA
The Biopsy Device Market report answers the following queries:
Why consumers are highly inclined towards the consumption of segment in the Biopsy Device Market?
What are the opportunities available for players operating in the Global Biopsy Device Market?
Which trends have the maximum impact on the growth of the Global Biopsy Device Market?
Why region leads the Global Biopsy Device Market?
What are the drivers and restraints affecting the Market size of the Global Biopsy Device Market?
What the report encloses for the readers:
Critical insights of each segment, including volume growth outlook, and demand & supply pattern.
A to Z of each player – positives & negatives, current status, future developments – of the Global Biopsy Device Market.
Detailed information regarding the trends influencing the growth of the Global Biopsy Device Market.
In-depth assessment on the utilization of Biopsy Device in each end use industry.
Historical data and future growth outlook of the Global Biopsy Device Market.
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Vestibular Testing System Market Share, Global Industry Size, Growth, SWOT Analysis, Competitor Landscape, Regional Outlook to 2032
The vestibular testing system is a sensory system that controls special orientation and coordination. Vestibular testing system consists of a number of tests.
The market for vestibular testing systems will reportedly be worth US$113.9 million in 2022. The vestibular testing system market is expected to expand at a sluggish CAGR of 5% and reach US$ 195.1 million by 2032.
These tests helps in determining whether or not there is something wrong with the vestibular portion of the inner ear. Moreover, these tests can help in isolating dizziness symptoms which can later be treated.
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Vestibular testing systems are used to diagnose patients suffering from balance problems. However, many recent studies have analyzed that vestibular testing systems are more accurate than medical examination in identifying inner ear disorders.
Tests for hearing evaluations are categorized into audiometric hearing evaluation, videonystagmography (VNG), vestibular evoked myogenic potential (VEMP), rotary chair and computerized dynamic posturography.
The tests include hearing evaluations because the balance and hearing functions of the inner ear are closely related.
The vestibular tests are suggested for those people who are mainly suffering from vertigo, balance disorders, disequilibrium, benign paroxysmal positional vertigo (BPPV) and concussion.
The main objective of the vestibular testing system is to decrease the symptoms of vertigo & dizziness, improve gaze stability and decrease risk of falls.
According to the CDC, more than one third of adults of age 65 and older fall each year in the United States and about 20% to 30% of people who fall suffer moderate to severe injuries.
Vestibular Testing System Market: Drivers and Restraints
The factors responsible for the growth of global vestibular testing system are improving healthcare infrastructure and increased risk of clinically significant outcomes such as falls.
In addition, rise in the prevalence of balance disorders is significantly expanding the scope of vestibular testing systems.
However, high cost of tests and lack of skilled professionals in understanding test results are some of the factors which arerestraining the growth of global vestibular testing system market.
Vestibular Testing System Market: Overview
Based on test type, the global vestibular testing system market is segmented into Videonystagmography (VNG), Vestibular evoked myogenic potential (VEMP), Rotary chair, Computerized dynamic posturography and others.
Based on end user, the market is segmented into hospitals, diagnostic centers and clinics. Hospitals are preferred more due to the supervision of the physicians and availability of comparatively better skilled professionals.
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Vestibular Testing System Market: Regional Overview
Region wise, the global vestibular testing system market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, and Middle East and Africa.
The market in North America is expected to hold the largest share due to new product innovations, lifestyle changes and early treatment adoption.
Europe is the second leading market for vestibular testing system due to development activities and large research base. The Asia Pacific market is also expected to show a significant growth rate over the forecast period.
Overall, the global vestibular testing system market is expected to show significant growth over the forecast period.
Vestibular Testing System Market: Key Players
Some of the key players in the global vestibular testing system market are Balanceback, BeOn Solutions, DIFRA, BioMed Jena, Vesticon, Inc., Recorders & Medicare Systems, Happersberger otopront GmbH, Interacoustics, Homoth Medizinelektronik GmbH & Co., Ecleris S.R.L, MEDI-CARE SOLUTIONS srl, Micromedical Technologies, NAGASHIMA MEDICAL INSTRUMENTS.CO.,LTD., Natus Medical Incorporated, Otometrics A/S and TECHNO CONCEPT.
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Vestibular Testing System Market: Segmentation
The global vestibular testing system market is classified on the basis of test type, end user, and geography.
Based on test type, the global vestibular testing system market is segmented into the following:
Videonystagmography (VNG)
Vestibular evoked myogenic potential (VEMP)
Rotary chair
Computerized dynamic posturography
Others
Based on end user, the global vestibular testing system market is segmented into the following:
Hospitals
Diagnostic Centers
Clinics
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Thiamine Market Current and Future Trends, Leading Players, Industry Segments and Regional Forecast to 2032 | Says FMI Analyst
The Thiamine Market is expected to expand at a strong CAGR of 13.9%. According to FMI, the thiamine market is anticipated to increase from US$ 170.9 million in 2021 to US$ 715.32 million by 2032.
Thiamine’s growing use in mental health is driving up market size, as its applications extend beyond physical health. Furthermore, market leaders in thiamine, such as Jiangsu Jubang Pharmaceutical Co. Ltd, work hard to maintain their positions by bringing in the highest percentage of revenue and capturing the largest share of the market.
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The expanding function of the product in energy metabolism, as well as the growth and development of healthy cells, is what drives the thiamine market. Thiamine demand is increasing primarily as a result of increased public awareness of the human body’s thiamine deficiency.
Thiamine sales are increasing because it is used by both humans and animals. The chemical is given to animals to protect their livers and kidneys from lead-induced lipid peroxidation. It is required for both the development and growth of healthy cells, as well as the metabolism of human energy.
The increased frequency of illnesses, as well as a lack of knowledge and awareness about thiamine deficiency, may be limiting factors for the thiamine market’s growth. Furthermore, this scarcity can lead to a variety of serious health problems.
The United States is a major consumer of protein components due to rising healthcare spending, an ageing population, improved medical facilities, changing pharmacy distribution networks, and cutting-edge technologies.
Key Takeaways of the Thiamine Market
During the forecast period, the thiamine market is expected to grow at a CAGR of 13.9%.
By 2032, the thiamine market is expected to be worth $715.32 million.
In 2021, the thiamine market was valued at US$ 170.9 million.
The thiamine market is divided into surgical applications, with the dietary supplementary segment expected to grow at a CAGR of 30.1% by 2021.
The pharmaceutical industry ranks second due to the use of thiamine in the treatment of a variety of disorders.
With a CAGR of 35.0% in 2021, Asia Pacific dominated the thiamine market.
The thiamine market in North America is expected to grow rapidly, with a sizable share during the forecast period.
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Competitive landscape: Fresh Companies Are Meeting The Product Demand
Because of rising customer demand for products and dwindling manufacturer supply, existing firms have numerous opportunities to gain a strategic and competitive advantage. New businesses can create market-ready goods with the assistance of experienced and productive R&D.
To gain a competitive advantage and ensure consumer satisfaction, the top players in the thiamine market have implemented a variety of strategic actions, such as establishing various research programmes, lowering prices, and launching 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.
Key segments By Application:
Food & Beverages
Animal Feed
Pharmaceuticals
Dietary Supplements
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Next Generation Infusion Pump Market Size, Share, Trends, Industry Analysis : Research Methodology By Forecast to 2032
The global next generation infusion pump market is expected to reach US$ 5059.7 million in 2022 and US$ 8509 million by 2032, with a CAGR of 4.8% during the forecast period (2022-2032). Next Generation Infusion Pumps are combination of intuitive user interface, simplicity, state of the art information technology.
They are inclined with advanced pumping system which measures flow to improve workflow efficiency and patient safety. Its smartphone like user interface is designed to diminish interpretation and programming errors empowering end user to save time and reduction in pump interactions. Next Generation Infusion Pumps are largely accepted by healthcare professionals because they provide more patient safety and efficacy. The technology used in regular infusion pumps hasn’t kept pace with advancements in healthcare industry.
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According a report published by institute of medicine in 2007, from year 2005 to 2009, 710 deaths and more than 56,000 adverse events were reported to FDA, most amongst medical technologies, adding more than $2 Bn to annual healthcare cost in US. On other hand Next Generation Infusion Pumps provide enough functionality, flexibility, scalability, affordability and ease of use needed to changing needs of healthcare system, indicating robust growth in Next Generation Infusion Pump market over the forecast period. Next Generation Infusion Pumps attribute high integration between the pump and hospital IT system, reducing errors.
Moreover, diverse new technologies like implantable insulin pumps in addition to delivering targeted, consistent medication, increases patient ease as well. The leading market players are focusing on safer operability, minimised chances of product recalls and enhanced product designs, over the forecast period.Next Generation Infusion Pump Market: Drivers and Restraints
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Insulin infusion pumps are dominating the Next Generation Infusion Pump market, however worldwide booming prevalence of diabetes is a key driver for Next Generation Infusion Pump market. Increased R & D initiatives on IV drug administration for malnutrition, cancers, diabetes, AIDS, neurological disorders, gastrointestinal disorders coupled with technological innovation, is anticipated to generate lucrative growth in Next Generation Infusion Pump market.
The regular infusion pump market has observed massive bad press in last few years, for diverse risk and concerns over infusion errors, this restraint however, has opened multiple opportunities for Next Generation Infusion Pump manufacturers. Furthermore, lack of sufficient healthcare infrastructure in developing markets is anticipated to impact negatively on Next Generation Infusion Pump market.
Next Generation Infusion Pump Market: Overview
Next Generation Infusion Pump market is emerging owing to promising discovery of new innovative pumps. Key players in market are focusing on new technologies such as smartphone connected insulin pumps, wearable insulin pumps and implantable insulin pumps, also focusing on accessing secure and immediate access to patient specific infusion pump management information from any mobile device or computer, regardless of Electronic Medical Record integration. Such R&D improvements are making a ground-breaking infusion management platform, indicating transformation in Next generation Infusion Pump Market.
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Next Generation Infusion Pump Market: Region-wise Outlook
Geographically, next generation infusion pump market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa. North America and Europe regions are anticipated to contribute maximum market revenue share in Next generation infusion pump market over the forecast period due to availability of advanced healthcare infrastructure and presence of key players in the regions which are expected to surge the demand for next generation infusion pumps during the forecast period in the above mentioned region. Asia Pacific region as well, is anticipated to witness crucial growth due to growing healthcare infrastructure in the region. Increasing number of mid-sized hospitals are identified to be a major driver to the APEJ market growth.
Key Segments
By Type:
Nutrition Grade
Feed Grade
By Source:
Natural
Synthetic
By Application:
Nutrition
Consumer
Pharmaceutical
Agrochemical
Others
By Form:
Dry
Liquid
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DNA/RNA Extraction Market Growth, Trends Analysis Report 2032
Demand for DNA/RNA extraction is predicted to increase from 2022 to 2032 at a CAGR of 7.7%. The global adoption of DNA/RNA extraction in the healthcare sector is responsible for the market’s expansion.
The market report envelopes an all-in information of the global Dna Rna Extraction market and the nature of the market growth over the foreseeable period. The report provides a comprehensive elaboration of the positives and negatives of the global Dna Rna Extraction market with DROT and Porter’s Five Forces analysis.
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With SWOT analysis, the report offers detailed insights about different players operating within the Dna Rna Extraction market. In addition, the analysts of the report have served the qualitative and quantitative scrutinizing of different micro- and macro-economic factors influencing the global Dna Rna Extraction market.
The COVID -19 pandemic has put forth a demanding situation for players in Dna Rna Extraction market. The widespread of the pandemic and the humanitarian toll taken by it is making it challenging for market players to respond. This research study provides insights backed by our assessment of earlier emergencies and market expertise. However, the pandemic is spreading rapidly, and some of the information in this study may become outdated.
The Dna Rna Extraction market report examines the consumption patter of each segment and the factors affecting the pattern. In addition, the report focuses on the production footprint of each segment in various industries and regions across the globe.
By end-use, the global Dna Rna Extraction market consists of the following:
Hospital Laboratories
Academic & Research Laboratories
Diagnostic Laboratories
The Dna Rna Extraction market report helps the readers grasp the changing trend in the industry supply chain, manufacturing techniques and expenses, and current scenario of the end uses in the global Dna Rna Extraction market.
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Prominent players covered in the global Dna Rna Extraction market contain
Thermo Fisher Scientific Inc
Primerdesign
QIAGEN N.V.
RevoluGen
Bioneer corp
MO BIO Laboratories
BioFire Defense
General Biosystems
Akonni Biosystems
Promega Corporation
Bio-Rad Laboratories
All the players running in the global Dna Rna Extraction market are elaborated thoroughly in the Dna Rna Extraction market report on the basis of proprietary technologies, distribution channels, industrial penetration, manufacturing processes, and revenue. In addition, the report examines R&D developments, legal policies, and strategies defining the competitiveness of the Dna Rna Extraction market players.
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The Dna Rna Extraction market analyses the following important regions:
North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
CIS & Russia
Japan
Asia Pacific Excluding Japan ( Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)
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The Dna Rna Extraction market report answers the following queries:
Why consumers are highly inclined towards the consumption of segment in the Dna Rna Extraction market?
What are the opportunities available for players operating in the global Dna Rna Extraction market?
Which trends have the maximum impact on the growth of the global Dna Rna Extraction market?
Why region leads the global Dna Rna Extraction market?
What are the drivers and restraints affecting the market size of the global Dna Rna Extraction market?
What the report encloses for the readers:
Critical insights of each segment, including volume growth outlook, and demand & supply pattern.
A to Z of each player – positives & negatives, current status, future developments – of the global Dna Rna Extraction market.
Detailed information regarding the trends influencing the growth of the global Dna Rna Extraction market.
In-depth assessment on the utilization of Dna Rna Extractionin each end use industry.
Historical data and future growth outlook of the global Dna Rna Extraction market.
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Product Type
Instruments
Kits & Reagents
DNA Extraction Kits
Genomic DNA Isolation & Purification Kits
Plasmid DNA Isolation & Purification Kits
Viral DNA Isolation & Purification Kits
Other Kits
RNA Extraction Kits
Total RNA Isolation & Purification Kits
miRNA Isolation & Purification Kits
mRNA Isolation & Purification Kits
Total Nucleic Acid (RNA + DNA) Isolation & Purification Kits
Sequence-specific RNA Isolation & Purification Kits
Viral RNA Isolation & Purification Kits
Others
Method
Reagent-based DNA/RNA Extraction
Column-based DNA/RNA Extraction
Magnetic Bead-based DNA/RNA Extraction
Other DNA/RNA Extraction Methods
Application
DNA/RNA Extraction for Oncology
DNA/RNA Extraction for Precision Medicine
DNA/RNA Extraction for Health & Diagnostics
DNA/RNA Extraction for Drug Discovery & Development
DNA/RNA Extraction for Agriculture
DNA/RNA Extraction for Animal Research
DNA/RNA Extraction for Other Applications
End User
DNA/RNA Extraction for Hospital Laboratories
DNA/RNA Extraction for Academic & Research Laboratories
DNA/RNA Extraction for Diagnostic Laboratories
DNA/RNA Extraction for Biopharmaceutical Companies
DNA/RNA Extraction for Forensic Laboratories
DNA/RNA Extraction for Contract Research Organizations
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Veterinary Molecular Diagnostics Market Growth, Trends Analysis Report 2032
The global Veterinary Molecular Diagnostics market In 2022, the market for veterinary molecular diagnostics is projected to be worth US$182.1 million. The overall demand for veterinary molecular diagnostics is anticipated to increase at a CAGR of 6.84% between 2022 and 2032, reaching a total of about US$ 352.8 Million by 2032 due to the use of numerous testing panels and the growing consolidation in the veterinary diagnostics industry.
Factors such as the growing pet animal population around the globe, increased animal health spending and advancements in veterinary molecular diagnostics are expected to propel the growth of the veterinary molecular diagnostics market over the analysis period.
Developments in the animal farming sector and changing societal attitude toward pet animals have resulted in an increased demand for fast and reliable diagnostic techniques. Molecular diagnostics possess the potential to address this growing demand.
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As of 2018, more than 60% of the US population owned a pet/companion animal. There is an increasing trend of treating pets as family members, which has increased the healthcare demands for veterinary applications. The increasing pet population is one of the reasons for the rising health expenditure on animals, globally.
As per the estimates of the American Pet Products Association, the total American pet industry expenditure is expected to reach USD 75.38 billion by end 2019, up from USD 72.56 billion in 2018. The rise in animal health expenditure is expected to drive the growth of the veterinary molecular diagnostics market, as a significant portion of pet owners are expected to use advanced diagnostic modalities for animals, for various disease conditions.
Furthermore, there is an increase in the livestock population, owing to the huge demand for animal-derived products. This is expected to increase the demand for molecular diagnostic tests in the next coming years.
The Veterinary Molecular Diagnostics Market in the US is expected to accumulate the highest market share of 34.6% in 2022. The United States is expected to dominate the market, attributed to factors, such as rising pet adoption and increasing per capita animal healthcare expenditure. In addition, the rise in the prevalence of various animal diseases and injuries is another major factor that is anticipated to fuel the market growth during the forecast period.
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The high growth in the number of veterinary practitioners and rise in income levels in developed economies is amongst the important factors intensifying the growth and demand of veterinary molecular diagnostics market. In addition, the increasing demand for pet insurance and growing animal health expenditure is also contributing to the growth in the global market during the forecast period.
In addition, the increasing demand for animal-derived food products and rising incidence of animal zoonotic diseases are also enhancing the growth of the market. Likewise, the high growth in companion animal population is also lifting the market growth in the forthcoming years.
Key Takeaways from the Market Study
Global Veterinary Molecular Diagnostics Market was valued at US$ 182.1 Mn by 2022-end
From 2017 to 2021, the market demand expanded at a CAGR of 7.3%
By Product Type, the PCR Kits segment of the Veterinary Molecular Diagnostics Market constitutes the bulk of the market with a market share of 50.8%
By Species Type, the Livestock Animals segment dominates the market with a share of 71.0%
From 2022 to 2032, Veterinary Molecular Diagnostics sales are expected to flourish at a CAGR of 6.84%.
By 2032, the market value of Veterinary Molecular Diagnostics is expected to reach US$ 352.8 Mn.
“Factors such as the rising per capita animal healthcare expenditure, coupled with rising pet adoption globally are expected to escalate the growth of the Veterinary Molecular Diagnostics Market over the analysis period”, remarks an FMI analyst.
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Competitive Landscape
Players in the global Veterinary Molecular Diagnostics Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:
In April 2021, INDICAL BIOSCIENCE GmbH (Germany) acquired Boehringer Ingelheim’s Svanova product portfolio which helped INDICAL widen its portfolio by adding 25 assays for livestock.
In April 2021, BioChek (Netherlands) opened a new office in Johannesburg, South Africa.
In January 2021, Heska Corporation (US) acquired Lacuna Diagnostics (US), this acquisition strengthened the company’s portfolio of point-of-care digital cytology technology and telemedicine services.
In December 2020, NEOGEN Corporation (US) launched a preventative care DNA screening tool for detecting genetic diseases in dogs.
In November 2020, NEOGEN Corporation (US) collaborated with Transnetyx Inc. (US), this partnership helped NEOGEN to increase its presence in the animal genomics and diagnostics market.
Key Players:
bioMérieux SA
IDEXX Laboratories, Inc.
Neogen Europe, Ltd.
Veterinary Molecular Diagnostics, Inc.
Thermo Fisher Scientific, Inc.
ID-Vet, Qiagen N.V.
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Laparoscopic Devices Market Assessment and Key Insights Analyzed Till 2029
The global market for laparoscopic devices is projected to grow from a US$12.3 billion valuation in 2022 to a US$18.4 billion valuation by 2029, with a CAGR of 5.8%.
The surgical equipment market, the parent market of the global laparoscopic devices, had a market share of more than 35% in 2021 and was estimated to be worth USD 33.0 billion.
With the help of laparoscopy, a surgeon or other medical specialist can reach the belly and pelvis without having to make significant skin incisions. Keyhole surgery or minimally invasive surgery are common names for this procedure.
The global laparoscopic devices market is projected to experience significant growth during the next decade (2019 – 2029), on the back of rapid growth in demand for minimally invasive surgery and expanding application potential in colorectal and bariatric surgical procedures. By the end of 2019, global sales of laparoscopic devices accounted for revenues of over US$ 10 Bn. Increasing FDI influx in developing regions coupled with marketing and promotional activities are expected to boost the laparoscopic devices market over the following years, says the report.
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Key Takeaways – Laparoscopic Devices Market Study
Steady demand growth is observed for bariatric surgery, in line with the expanding obese population coupled with wide-scale adoption rate of minimally invasive techniques. Sales of laparoscopic devices for bariatric surgery will surpassing that for colorectal surgery towards the end of projection period.
Sales of laparoscopic devices will be higher in North American countries. The availability of skilled surgeons and several advantages of minimally invasive surgery over open surgery are few factors driving the market of laparoscopy devices.
The key players in the laparoscopic devices market are focusing on technologically advanced surgical systems with improved dexterity, ergonomics, and visual enhancements that provide advantages to surgeons and minimize the risk for patients while undergoing laparoscopic procedures.
Increasing consumer base along with modern amenities in the healthcare sector is expected to drive sales of laparoscopic devices in developing regions.
Rising private and foreign investments in the laparoscopic devices market and adoption of subscription commerce marketing model by market players are anticipated to shape the overall laparoscopic devices market.
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Growing Popularity of Single-incision Laparoscopic Surgery
Single-site incisional surgery is being widely used in laparoscopic procedures and is replacing traditional method of laparoscopic procedures, in which four to five small incisions were made as the entry point for laparoscopic instruments. Some of the key benefits of single-site incision laparoscopic procedure over traditional procedure are low chances of infections, better cosmetic results, quick recovery and less post-operative pain.
According to Journal of the Society of Laparoendoscopic Surgeons (JSLS), women who undergo single-site incision laparoscopic surgery tend to report lesser post-operative pain compared to traditional method laparoscopic surgery. Growing demand for single-incision laparoscopic surgeries would thus drive the growth of laparoscopic devices market.
Adoption of Subscription Commerce Marketing Model
Companies are adopting various marketing model schemes such as subscription commerce to boost the sale of laparoscopic devices. Under this scheme, companies provide medical devices such as laparoscopy devices on pay-per-use basis. Thus, various end use segments can have access to these devices which might otherwise be prohibitively expensive, which in turn is helping manufacturers to expand their market share for laparoscopic devices, globally.
Due to intense competition, manufacturers of laparoscopic devices use innovative pricing strategies to remain at the forefront. Expanding access of laparoscopic devices by educating healthcare professionals through various conferences and training is enabling companies manufacturing these devices to enhance the adoption and equipping healthcare facilities with the necessary tools to provide optimal care to patients.
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Laparoscopic Devices Market, a new study from Future Market Insights, opines on the evolution of the laparoscopic devices market from 2014 – 2018 and presents demand projections from 2019 – 2029 on the basis of product type (direct energy system devices, trocars/access device, internal closure devices, laparoscopes, hand access instruments, insufflation devices, and robotic assisted surgical system), therapeutic application (bariatric surgery, colorectal surgery, general surgery, gynecological surgery and urological surgery), and end user (hospitals, ambulatory surgical centers, and clinics) across seven major regions.
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LAPAROSCOPIC DEVICES MARKET TAXONOMY
The global laparoscopic devices market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.
Product
Direct Energy System Devices
Trocars/Access Devices
Internal Closure Devices
Laparoscopes
Hand Access Instruments
Insufflation Devices
Robotic Assisted Surgical System
Therapeutic Application
Bariatric Surgery
Colorectal Surgery
General Surgery
Gynecological Surgery
Urological Surgery
End User
Hospitals
Ambulatory Surgical Centers
Clinics
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Endoscope Reprocessing Device Market: Key Players, Applications, Outlook, SWOT Analysis And Forecasts to 2032
Robust expansion of biotechnology and pharmaceutical industries across emerging countries is expected to pave significant opportunities for the development and advancements in molecular biology enzymes, kits & reagents. In addition, accelerating adoption of personalized medicines will further boost demand for molecular biology enzymes, kits & reagents. The molecular biology enzymes kits reagents market is predicted to grow at a 15.8% CAGR through 2032.
Adoption of these enzymes and their kits & reagents is expected to witness proliferation with technological advancements dedicated toward the development of innovative and more efficient products, in tandem with surging research and development investments being made by leading pharmaceutical and biotechnology companies.Very recently, there has been an increase in the occurrence of genetic illnesses, which has prompted more people to use molecular diagnostics. Epigenetics and polymerase chain reaction (PCR), two crucial molecular diagnostics procedures, call for molecular biology enzymes, kits, and reagents. The demand for these enzymes and kits & reagents is anticipated to significantly increase in the near future due to rising genetic disorder occurrences and an ageing population.
Future Market Insights has published a new comprehensive research report titled, “Molecular Biology Enzymes, Kits & Reagents Market: Global Industry Analysis (2012-2016) & Opportunity Assessment (2017-2026)”. The report covers present market scenario as well as imparts future growth prospects of the molecular biology enzymes, kits & reagents market for the period between 2017 and 2026.
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The report also engulfs key drivers, hindrances, opportunities and trends that are affecting expansion of the global molecular biology enzymes, kits & reagents market. The report offers an overall picture of the global molecular biology enzymes, kits & reagents market, in order to help businesses seeking opportunities for making investments in the market.
Structure of the Report
The report provides an exhaustive synopsis of the global molecular biology enzymes, kits & reagents market, engulfing an executive summary that elucidates the core trends influencing the market expansion. This chapter also sheds light on impacts that the dynamics are likely to pose on growth of the market in the long run. The report also imparts figures appertaining to CAGRs from a historical and forecast point of view. An overview of the global molecular biology enzymes, kits & reagents market follows the executive summary, and issues a clear picture of the market’s scope to the report readers.
The overview includes a concise market introduction succeeded by a formal definition of “molecular biology enzymes, kits & reagents”. Chapters subsequent to the overview elaborates several dynamics including driving factors, limitations and prospects being observed in the market through the forecast period. Meanwhile these chapter also inundate detailed insights related to the bottom line of enterprises, global economy and fiscal stimulus.
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Market Taxonomy
A segmentation analysis offered in the report propounds forecasts on global molecular biology enzymes, kits & reagents market. Categorizing the market in terms of application, end-user, product type, and region. Analysis on Y-o-Y growth comparison, the market share comparison, and the revenue comparison coupled with relevant market numbers is offered in this chapter. Global market for molecular biology enzymes, kits & reagents has been regionally divided into Japan, Middle East & Africa, Europe, Asia-Pacific excluding Japan, North America, and Latin America.
Region
North America
Latin America
Europe
Japan
APEJ
MEA
Product Type
Kits & Reagents
Modifying Enzymes
Restriction Enzymes
Other Product Types
End User
Pharmaceutical and Biotechnology Companies
Hospitals and Diagnostic Centers
Academic and Research Institutes
Other End Users
Application
Sequencing
Cloning
Polymerase Chain Reaction
Restriction Digestion
Synthetic Biology
Epigenetics
Other
Competition Landscape
This analytical research report on the global molecular biology enzymes, kits & reagents market is a complete package, which includes intelligence on key participants underpinning the market expansion. In the last chapter of the report, which elucidates the competitive scenario of the market, strategies implemented by the market players, along with their product overview, company overview, key financials, key developments and SWOT analysis has been rendered exhaustively. In addition, region-wide spread of these market players, their future expansion plans, market shares, revenues, and mergers & acquisition activities between them have been described in detail in this concluding chapter of the report. An intensity map has been employed in the report to profile the market players situated across geographies.
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Research Methodology
Credibility of the researched statistics and data is backed by the unique research methodology employed by the analysts at FMI, which ensures higher accuracy. FMI’s research report on the global molecular biology enzymes, kits & reagents market can assist its readers in gaining detailed insights on many different aspects governing the market around key regional segments included in the report.
The report readers can further slate key strategies for tapping into vital revenue pockets and gaining benefits over the intensifying competition in the market. Information presented in the report has been scrutinized and monitored thoroughly by FMI’s industry experts. Figures and numbers offered in the report have also been validated by the analysts in order to facilitate strategic decision making for the report readers.
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Endoscope Reprocessing Device Market Assessment and Key Insights Analyzed Till 2032
GlobalEndoscope Reprocessing Device Marketis expected to witness robust growth during the forecast period. This growth is expected to be primarily driven by growing geriatric population, increasing number of Endoscope surgeries and development of automated endoscope reprocessor and techniques.
By 2032, it is predicted that the market for endoscope reprocessing equipment will be worth US$3.1 billion. Several elements contribute to the economy’s overall expansion.
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which has been published by Future Market Insights for the projected period of 10-years, i.e. during 2017 to 2027, the endoscope reprocessing device market in MEA is expected to record comparatively less growth due to low awareness about infection control and less availability of reprocessor.
The global endoscope reprocessing device market to grow from US$ 949.9 Mn in 2016 to US$ 2,171.5 Mn by 2027 end. This represents CAGR of 7.9% over the forecast period of 2017–2027
Global Endoscope Reprocessing Device Market: Restraints
Reported Adverse Events From Failure of Endoscope Reprocessing
Excise duty imposed on medical device manufacturers would reduce profit margin
High Cost of Technology Hampering the Growth of Endoscope Reprocessing Device Market
Inadequate Reimbursement Policies Restrain the Market Growth
Delayed Reprocessing and Lack of Clarity of Instruction
Stringent Rules and Regulations
Dearth of Trained Endoscopy Specialists and Professionals
Poor Health Care System Hampering the Market growth
Low Awareness of Endoscope Reprocessing in Developing Countries are Hampering the Market Growth
Lack of Proper Healthcare Infrastructure In Emerging Markets
Increase in Pricing Competition for Endoscope Reprocessing Device
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Global Endoscope Reprocessing Device Market: Forecast by Product
Global endoscope reprocessing device market is categorized into automated endoscope reprocessor, washer disinfector, sterilizer, ultrasonic washer and drying and storage Cabinet.
The study covers revenue generated by product type which includes, above mentioned product type. However, the study does not consider the revenue from which are not mentioned in the report.
This report analyses installed base and new sale devices. Sterilizer and automated endoscope reprocessor segment dominated the global endoscope reprocessing device market in revenue terms in 2016, and the trend is projected to continue throughout the forecast period.
Sterilizer segment is expected to be the most lucrative among all product type, with attractiveness index of 1.6.
Global Endoscope Reprocessing Device Market: Forecast by End User
Endoscope reprocessing devices based on end user, the total installed base and new sale of endoscope reprocessing devices obtain from the three end user such as hospital, ambulatory surgical centre and specialty clinics.
The study covers revenue generated by hospitals, ambulatory surgical centre and specialty clinics which includes, installed devices and new sale of devices.
However, the study does not consider the revenue from which are not mentioned in the report.
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Global Endoscope Reprocessing Device Market: Regional Analysis
As many as seven regions have been covered in this report, such as North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan, and MEA. If CAGR is considered, Latin America, Eastern Europe and APEJ have highest CAGRs throughout the forecasted period among all other regions.
However, in terms of revenue North America and APEJ dominated the global endoscope reprocessing device market in revenue terms in 2016, and the trend is projected to continue throughout the forecast period.
North America and APEJis expected to be the most lucrative among all regions, with attractiveness index of 2.1 and 1.7 respectively.
Global Endoscope Reprocessing Device Market: Competitive Landscape
Medivators Inc., Olympus Corp., STERIS Plc., Getinge Group, Hoya Group, Laboratoires Anios, Custom Ultrasonics, Inc., SciCan Ltd (Sanavis Group), Shinva Medical Instrument co., Ltd., ARC Healthcare Solutions Inc., Antonio Matachana SA, Choyang Medical Industry Ltd., DGM Pharma-Apparate Handel Ag, MMM Medical Equipment UK LTD, Medonica Co. Ltd., Belimed AG (Metall Zug), Steelco S.P.A, and Advanced Sterilization Products Services Inc., are some of the key players operating in the global market for endoscope reprocessing device market.
Market Segmentation Product Type:
Automated Endoscope Reprocessor
Washer Disinfector
Sterilizer
Ultrasonic Washer
Drying and Storage Cabinet
End User:
Hospitals
Ambulatory Surgical Center
Specialty Clinics
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