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Specialty Tapes Market: Current Analysis and Forecast (2021-2027)
A comprehensive overview of the global specialty tapes market is recently added by UnivDatos Market Insights to its humongous database. The report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the specialty tapes markets globally. This report offers a detailed analysis of the latest industry developments and trending factors that are influencing market growth. Furthermore, this statistical market research repository examines and estimates the global specialty tapes market at regional and country levels. The global specialty tapes market is likely to showcase a growth of around 6% during the forecast period.
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Market Overview
Specialty tapes are composed of a carrier film, foil, or other flexible material. These tapes are manufactured with high-performance adhesives using carrier materials and are designed for utilization in industries including electrical & electronics, automotive, building & construction, retail & graphics, and healthcare. Further, the trend toward using flatter and micro-electronic devices continues, increasing the application of specialty tapes in the electrical & electronics industry. In addition, the demand for in-vitro diagnostics, hydrophilic films, transdermal drug delivery patches, and oral dissolvable films are driving the specialty tapes market in the healthcare industry, globally. Furthermore, rising construction activities are rising the demand for specialty tapes for mounting window panels and sealing gaps in the window and door panels.
The global specialty tapes market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By backing material, the market is primarily divided into:
Polyvinyl Chloride
Woven/Non-Woven
Paper
Foam
Polypropylene
Others
Among these, the paper held a prominent share in the global specialty tapes market. Paper tapes have excellent adhesion, heat insulation, temperature tolerance, and are environmentally safe, and come in various colors. Further, when compared to other adhesive tapes, these tapes offer more comfort. Moreover, they are thin, flexible, and smooth, making them ideal for vehicle and aviation manufacture, as well as appliance manufacturing, HVAC, and paper and printing applications.
By end-user, the market is primarily divided into:
Electrical & Electronics
Healthcare
Automotive
Paper & Printing
Building & Construction
Others
Among these, healthcare held a prominent share in the global specialty tapes market. The specialty tapes market is rising in healthcare due to the aging population, increased chronic illness incidence, and the high demand for in vitro diagnostics, hydrophilic films, transdermal patches, and oral dissolvable films. Also, the development of products such as disposable infant diapers, feminine hygiene products, and adult incontinence products all use specialty tapes.
Global Specialty Tapes Market Geographical Segmentation Includes:
North America (United States, Canada, Rest of North America)
Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
Asia-Pacific (China, Japan, India, Australia, Rest of APAC)
Rest of the World
Asia-Pacific held a prominent share in the specialty tapes market owing to growing industries such as electric & electronics, healthcare, packaging, building and construction, and others.  Also, the market growth can be attributed to the expanding automotive industry, in electric vehicles (Evs), specialty tapes are used for covering the gaps and for bonding purposes in the battery. Other prominent applications of such tapes in Evs are motor assembly, insulation, and wire harnessing. Moreover, increasing disposable income and rapid economic growth in the region are increasing the better-quality products, and improving the lifestyle is also fueling the market for specialty tapes.
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Competitive Landscape
The degree of competition among prominent companies has been elaborated by analyzing several leading key players operating globally. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the global specialty tapes market. The major players have been analyzed by using research methodologies for getting insight views on market competition.
Key questions resolved through this analytical market research report include:
What are the latest trends, new patterns, and technological advancements in the global specialty tapes market?
Which factors are influencing the global specialty tapes market over the forecast period?
What are the global challenges, threats, and risks in the global specialty tapes market?
Which factors are propelling and restraining the global specialty tapes market?
What are the demanding global regions of the global specialty tapes market?
What will be the market size in the upcoming years?
What are the crucial market acquisition strategies and policies applied by the companies?
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The Propylene Carbonate Market is expected to expand from USD 225.3 million in 2024 to USD 348.4 million by 2032, reflecting a compound annual growth rate (CAGR) of 5.60%.Propylene carbonate, a versatile and essential chemical compound, has garnered significant attention in various industries due to its wide range of applications and properties. As a cyclic carbonate ester derived from propylene glycol and carbon dioxide, propylene carbonate exhibits unique characteristics that make it a valuable component in numerous sectors, including pharmaceuticals, cosmetics, electronics, and energy. This article delves into the propylene carbonate market, examining its growth drivers, applications, and future prospects.
Browse the full report at https://www.credenceresearch.com/report/propylene-carbonate-market
Market Growth Drivers
1. Rising Demand in Electronics: One of the primary factors propelling the propylene carbonate market is its increasing use in the electronics industry. Propylene carbonate serves as a solvent in lithium-ion batteries, which are crucial for powering modern electronic devices such as smartphones, laptops, and electric vehicles. With the burgeoning demand for portable electronics and the rapid adoption of electric vehicles, the need for efficient and reliable battery components is on the rise, subsequently driving the demand for propylene carbonate.
2. Expanding Pharmaceutical Applications: The pharmaceutical industry is another significant driver of the propylene carbonate market. This compound is utilized as a solvent and excipient in the formulation of various drugs, including injectable medications and topical solutions. Its biocompatibility and low toxicity make it a preferred choice in pharmaceutical applications, contributing to the market's growth.
3. Growth in Personal Care and Cosmetics: In the cosmetics and personal care sector, propylene carbonate is used as a solvent and viscosity regulator in products such as creams, lotions, and makeup. The increasing consumer demand for high-quality and innovative personal care products is fueling the demand for propylene carbonate, as manufacturers seek to enhance the performance and stability of their formulations.
4. Eco-Friendly Nature: The environmental advantages of propylene carbonate also play a crucial role in its market growth. As a biodegradable and non-toxic compound, it aligns with the growing emphasis on sustainability and green chemistry. Industries are increasingly adopting propylene carbonate as a safer and more environmentally friendly alternative to traditional solvents.
Key Applications
1. Energy Storage: The role of propylene carbonate in the energy storage sector, particularly in lithium-ion batteries, cannot be overstated. It acts as an electrolyte solvent, facilitating the movement of ions between the battery's electrodes. This application is critical for the development of high-performance batteries with improved energy density, stability, and safety.
2. Pharmaceuticals: In the pharmaceutical industry, propylene carbonate is used as a solvent in drug formulations, ensuring the solubility and stability of active pharmaceutical ingredients (APIs). Its use in injectable drugs and transdermal patches highlights its importance in drug delivery systems.
3. Personal Care Products: Propylene carbonate's role in cosmetics and personal care products extends to enhancing the texture, consistency, and overall performance of formulations. It is commonly found in skincare products, hair care solutions, and makeup, where it helps achieve the desired sensory attributes and stability.
4. Industrial Applications: Beyond the aforementioned sectors, propylene carbonate finds applications in various industrial processes. It is used as a solvent for polymers, resins, and coatings, where it aids in dissolving and dispersing materials. Additionally, it is employed in the production of adhesives, sealants, and cleaning agents.
Future Prospects
The future of the propylene carbonate market appears promising, driven by several emerging trends and opportunities:
1. Advancements in Battery Technology: With the ongoing research and development efforts focused on improving battery performance and efficiency, the demand for high-quality electrolyte solvents like propylene carbonate is expected to surge. Innovations in energy storage, including solid-state batteries and next-generation lithium-ion batteries, will further boost market growth.
2. Sustainable Manufacturing Practices: The shift towards sustainable and eco-friendly manufacturing practices is likely to enhance the adoption of propylene carbonate across industries. Its biodegradable and non-toxic nature aligns with the increasing regulatory emphasis on reducing the environmental impact of chemical processes.
3. Expanding Pharmaceutical Sector: The continuous expansion of the pharmaceutical industry, driven by the development of new drugs and therapies, will contribute to the steady demand for propylene carbonate. Its role in drug formulation and delivery systems ensures its relevance in the evolving pharmaceutical landscape.
Key Player Analysis
LyondellBasell Industries
Shandong Depu Chemical
BASF
Empower Materials
Shida Shenghua Chemical
Daze Group
Huntsman Corporation
AVX Corporation
MegaChem Ltd
Hi-Tech Spring Chemical
Segments:
Based on Form:
Aqueous Solutions
Pellets
Based on Application:
Paints and Coatings
Cleaning and Detergents
Personal Care and Cosmetics
Textile Dyeing
Lithium-Ion Batteries and Electronics
Others
Based on the Geography:
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of Middle East and Africa
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123567-9qaaq9 · 6 months
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Synthetic Hormones Market Segments Analysis, Current Challenges & Business Opportunities | Bis Research
Synthetic hormones are artificially created compounds designed to mimic the effects of naturally occurring hormones in the body. These hormones play crucial roles in regulating various physiological processes, including growth, metabolism, reproduction, and stress response. Synthetic hormones are developed to either supplement deficient hormones or to modify hormonal activity for therapeutic or contraceptive purposes.
The Synthetic Hormones market size was estimated at $19.40 billion in 2023 and is expected to reach $38.08 billion by 2033, growing at a CAGR of 6.98% during the forecast period 2023-2033. 
Synthetic Hormones Overview 
The synthetic hormones market refers to the segment of the pharmaceutical industry dedicated to the development, manufacturing, marketing, and distribution of artificially synthesized compounds that mimic the effects of naturally occurring hormones in the body. These synthetic hormones are designed to regulate various physiological processes, including growth, metabolism, reproduction, and stress response, by interacting with hormone receptors and modulating hormonal activity.
Trends Driving the Market:
Rising Demand for Contraceptive Solutions: With increasing awareness about family planning and reproductive health, the demand for contraceptive methods continues to surge. Synthetic hormones, incorporated into various contraceptives such as pills, patches, and implants, offer effective and convenient options for birth control.
Expanding Applications in Hormone Replacement Therapy : As aging populations grow worldwide, the prevalence of menopausal symptoms and hormone-related disorders rises. Synthetic hormones play a pivotal role in hormone replacement therapy, offering relief from symptoms like hot flashes, mood swings, and osteoporosis in menopausal women.
Technological Advancements and Product Innovation: Ongoing research and development efforts drive innovation in synthetic hormone formulations and delivery systems. Novel drug delivery methods, including transdermal patches, subcutaneous implants, and intrauterine devices, enhance convenience, compliance, and efficacy for patients.
Increasing Incidence of Endocrine Disorders: The escalating prevalence of endocrine disorders such as hypothyroidism, hyperthyroidism, and adrenal insufficiency fuels the demand for synthetic hormones. These medications serve as vital tools for restoring hormonal balance and managing symptoms associated with these conditions.
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Market Segmentation:
Segmentation 1: by Product Type
The peptide hormones segment dominated the global synthetic hormones market 
Segmentation 2: by Route of Administration
Subcutaneous to Dominate the Global Synthetic Hormones Market
Segmentation 3: by Application
Diabetes to Dominate the Global Synthetic Hormones Market 
Segmentation 4: by End User
Hospital Pharmacies to Continue its Dominance in the Global Synthetic Hormones Market (by End User)
Segmentation 5: by Region
The synthetic hormones market in the North America region is expected to witness significant growth of 6.76% during the forecast period, marked by the high incidence of hormonal disorders, technological advancements, and high research and development investments. In 2022, Asia-Pacific accounted for a share of 32.64% of the global synthetic hormones market.
Key factors driving this expansion include the rising awareness about gender-affirming treatments and the growing demand for effective contraception methods, which are contributing to the market's expansion. The development of new delivery systems and formulations that enhance patient compliance and reduce side effects further fuels the market growth
Key Players in the Synthetic Hormones Market 
Eli Lilly and Company Ferring B.V. Bayer AG Pfizer Inc. Novo Nordisk A/S Ipsen Pharma Novartis AG
Synthetic Peptide Hormone Market 
Synthetic peptide hormones are artificially synthesized compounds composed of short chains of amino acids that mimic the structure and function of naturally occurring hormones in the body. These hormones play essential roles in regulating numerous physiological processes, including growth, metabolism, reproduction, and stress response. Key characteristics of synthetic peptide hormones includes structure, function, formulation, therapeutic application 
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Synthetic Peptide Hormone Drug Market 
The synthetic peptide hormone drug market refers to the sector of the pharmaceutical industry focused on the development, manufacturing, marketing, and distribution of medications derived from synthetic peptides that mimic the actions of naturally occurring hormones. These drugs are designed to regulate various physiological processes by interacting with specific receptors in the body. Key features of the synthetic peptide hormone drug market includes product development, manufacturing, marketing and distribution, regulatory appliance 
Market Dynamics included are as such: 
Rising Incidence of Hormone Disorder 
Technological Advancements 
Growing Demand for Personalized medicines 
Expanding Applications 
The synthetic peptide hormone market is poised for continued growth, driven by ongoing research activities, technological advancements, and increasing awareness about the benefits of peptide-based therapeutics. With the development of novel delivery systems and the emergence of targeted peptide therapies, the market is expected to witness further expansion and innovation, providing new opportunities for stakeholders in the healthcare industry. 
Key Questions Answers 
Q What are the major market drivers, restraints, and opportunities within the global synthetic hormones market?
QWhat are the major trends adopted by the global synthetic hormones market?
Q What are the key strategies adopted by key players in the global synthetic hormones market?
Q  How is each product type of segment of the global synthetic hormones market expected to grow during the forecast period 2023-2033?
Q   How is each application segment of the global synthetic hormones market expected to grow during the forecast period 2023-2033?
Q  How is each end user segment of the global synthetic hormones market expected to grow during the forecast period 2023-2033?
Conclusion 
In conclusion, the synthetic hormones market represents a critical nexus of healthcare innovation, addressing diverse medical needs spanning contraception, hormone therapy, and endocrine disorder management. As stakeholders navigate evolving regulatory landscapes, technological advancements, and shifting consumer preferences, collaboration, innovation, and patient-centricity remain paramount in shaping the future trajectory of this vital sector.
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sohamtmr · 2 years
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Smart Patches Market is Projected to Expand By 2031
Smart Patches Market: Introduction
According to the report, the global smart patches market was valued at US$ 8.1 Bn in 2020 and is projected to expand at a CAGR of ~6% from 2021 to 2031. Wearable smart patches are used in medical technology for diagnosis and long-term monitoring of a patient's vital parameters such as pulse. These patches can be equipped with numerous sensors and adhere to the human skin using a skin adhesive. Wearable smart patches help to maintain health and wellbeing in elderly patients suffering from chronic conditions such as diabetes and cardiovascular diseases.
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Rise in Awareness among Population to Drive Global Market
Rise in awareness among the population has led to an increased understanding of the functionality of wearable and portable devices. The technologies are easy to understand, which has facilitated their entry in homes, among the low-income groups as well. Most companies have provided compatible software that collect data over a long period and provide valuable information on patient health, along with suggestions to improve lifestyle. In August 2015, Dexcom, Inc. launched G5 Mobile, a new software that sends continuous glucose level updates to mobile phones. Hence, increase in awareness is anticipated to drive the global smart patches market.
Unfavorable Reimbursement for Smart Patches to Hamper Global Market
Trackers and activity monitors are not reimbursed unlike other medical devices. This is expected to be a restraint of remote patient monitoring and telemedicine, as most of these devices tend to be priced higher than average. Conventionally, the mHealth segment has always faced issues with reimbursement and this is expected to continue over the next few years.
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Monitoring Patch to Dominate Global Market
The global smart patches market has been segmented based on product, wearable, application, and end user. In terms of product, the global smart patches market has been classified into transdermal transmission patch, monitoring patch, and electric stimulation patch. The monitoring patch segment is likely to account for major share of the global market by 2031 due to increase in demand for tracking cardio activity among aging population.
Health Monitoring to Offer Growth Opportunities
Based on application, the global smart patches market has been categorized into health monitoring, drug delivery, and diagnosis. The health monitoring segment is projected to expand at a high CAGR during the forecast period due to rise in acceptance and adoption of smart patches in cosmetics & personal care and fitness & sports.
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Major Demand for Smart Patches from Home Care Settings
In terms of end user, the global smart patches market has been divided into home care settings, hospitals, and others The home care settings segment is likely to expand at a high CAGR during the forecast period due to increase in demand for remote health monitoring.
North America to Lead Global Market
The global smart patches market has been segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global smart patches market in 2020, followed by Europe. North America accounted for a major share of the global smart patches market in 2020 due to high awareness and increase in demand for disease risk assessment services for chronic diseases treatment.
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The smart patches market in Asia Pacific is projected to expand at a high CAGR from 2021 to 2031. Product launches, acquisitions, distribution agreements, alliances, and geographical expansion by local players, especially in China and India, are anticipated to drive the smart patches market in the region.
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pranalipawarshinde · 2 years
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Gene Delivery Systems Market Size will Record a CAGR of over 6% during the Forecast period 2017-2025.
Gene Delivery Systems Market:Overview
The global market for drug and gene delivery systems features a largely consolidated vendor landscape with only a handful companies accounting for a dominant share in the overall market, observes Transparency Market Research in a recent report. So as to gain a larger hold on the market, companies are putting more emphasis on offering advanced products, ploughing more resources into R&D activities, and seeking new ways of expanding their product portfolios. Thus instances of strategic collaborations and partnerships in the drug and gene deliver market have increased significantly in the past few years.
The strategic collaboration between Panacea Pharmaceuticals and 3M Drug Delivery System in 2017 for the development of a new cancer vaccine is a good instance of this prevailing trend in the market. Some of the leading companies in the market are Boston Scientific Corporation, Epeius Biotechnologies Corporation, Human Stem Cells Institute, Boston Scientific Corporation, Baxter International, Inc., and AstraZeneca plc.According to the report, the global drug and gene delivery market, which valued at US$510 bn in 2016, will expand at a promising CAGR of over 6% over the period between 2017 and 2025.
Report Overview:
https://www.transparencymarketresearch.com/drug-gene-delivery-system-market.html
North America and Europe to Remain Most Lucrative Regional Markets
Of the key drugs delivery systems associated with the drug and gene delivery systems market examined in the report, the segment of targeted drug delivery is expected to account for the dominant share in the overall market over the report’s forecast period; in terms of gene delivery systems, the segment of viral gene delivery system is likely to hold sway over the forecast period. Geographically, the markets in North America and Europe are expected to exhibit the most promising growth prospects over the report’s forecast period, thanks to the presence of some of the leading companies undertaking research in the field of drug and delivery in the regions.
Increased Funds Ploughed Into R&D Activities to Drive Market
One of the key factors expected to work in favor of the global drug and gene delivery systems market is the steady rise in R&D activities in the area as companies in the healthcare sector increasingly understand the need for more effective drug and gene delivery mechanisms for the treatment of the mounting cases of a variety of chronic diseases. According to JAMA oncology, nearly 17.5 million cancer cases were diagnosed across the globe and around 8.8 million deaths were caused by the disease in 2015. With focus on the effective treatment of the condition increasingly rising from governments as well as pharmacy companies, the market for drug and gene delivery systems is likely to benefit from the scenario.
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The market is also driven by the rising numbers of new, advanced technologies making inroads in the field of drug and gene delivery and the rising application area of low dose targeted drug delivery. The increased demand for home health care and self-administering devices is also likely to work well in favor of the global drug and gene delivery systems market in the next few years.
However, the market’s growth prospects could be hampered to a certain degree owing to the high cost of these treatment methods and several drug recalls to have hit companies in the past few years.
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This analysis of the global drug and gene delivery systems market is based on a recent market research report by Transparency Market Research, titled “Drug and Gene Delivery Systems Market (Delivery System - Drug Delivery Systems, Gene Delivery Systems; Route of Administration - Oral, Injectable, Inhalation, Transdermal, Ocular, Nasal, Topical; Application - Infectious Diseases, Oncology, Ophthalmology, Urology, Diabetes, CNS) - Global Industry Analysis, Size, Share, Volume, Growth, Trends, and Forecast 2017-2025.”
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blueweave8 · 3 years
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Carbon Nanotubes (CNT) Market Demand, Forecast 2022-2028
A recent study by the strategic consulting and market research firm; BlueWeave Consulting revealed that the global carbon nanotubes market was worth USD 5,331.5 million in 2021 and is projected to reach up to USD 10,530.4 million by the year 2028, exhibiting a CAGR of 10.6% during the forecast period 2022-2028. Many factors are driving the carbon nanotubes (CNTs) market, including the growing demand for lightweight structural polymer composites and antistatic packaging from automotive, electronics, energy, and industrial end-users, as well as the fact that carbon nanotubes are primarily used in polymers, energy, electrical, and electronics applications. CNTs are widely used as a reinforcing material in polymers to increase strength and reduce weight. CNTs also have a smaller diameter and higher electrical conductivity, allowing them to replace steel in various applications.
Growing Adoption of Carbon Nanotubes in Electronics Industry Contributes to Boost Market Growth
CNTs are used to develop transistors, semiconductor components, electrostatic packaging, hard-disk drive components, integrated circuits (ICs), and IC test and burn sockets due to their unique electrical and mechanical capabilities. These components are required for the operation of any electrical device. As a result of the rise in electronic devices such as smartphones and tablets, the CNT market will grow. According to JEITA, total global output by the electronics and IT industries is predicted to increase 11% year on year in 2021 to $3,360.2 billion, with production increasing 5% to $3,536.6 billion in 2022. Carbon nanotube demand is predicted to rise due to present market growth in the electronics industry (CNTs). Due to the transition to EV (electric vehicles) and the growing percentage of electrical components in autos, and the rising demand for eco-friendly products in the automotive and aerospace industries, electronic components and devices are predicted to grow across regions.
Medical Sector is Anticipated to Witness Fastest Growth in Carbon Nanotubes Market
The medical sector is projected to witness the fastest growth in the carbon nanotubes (CNT) market during the forecast period 2022-2028. The carbon nanotubes play a significant role in various medical procedures such as transdermal drug delivery, cancer treatment, proteomics, others (cardiac autonomic regulation, platelet activation, tissue regeneration & others). The use of CNTs with biological systems can bring about advancements in medical science, especially diagnostics, biosensing, drug delivery, and disease treatments. Such extensive usage of CNTs anticipated propelling the market growth of the carbon nanotubes market in the medical sector.
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The Multi-Walled Carbon Nanotubes (MWNT) Segment to Bolster Carbon Nanotubes Industry Growth
The Multi-walled carbon nanotubes (MWNT) market catered to the largest market share in the global carbon nanotubes market and is expected to follow the trend from 2022-to 2028. MWNCTs are widely used in energy storage (batteries and supercapacitors), as well as conductive copper. When MWNTs are used in a composite structure, they become highly conductive. On the other side, the outer wall is the only structural component that can conduct electricity, whereas the inside walls are not. MWNTs have a large aspect ratio, with lengths nearly 100 times and, in certain instances, much longer than the diameter. The aspect ratio, degree of entanglement, and straightness of the tubes all influence their performance and application. Hence the advantages mentioned above support the market growth of MWNT segmental growth.
Impact Of COVID-19 On The Carbon Nanotubes Market
The COVID-19 pandemic has led to a severe impact across all the carbon nanotubes industries worldwide. The rapid and unexpected spread has led authorities across the globe to take stricter actions for the operations of industrial plants and offices, thus imposing stricter lockdowns. Industries cannot get complete and proper raw materials for the production of carbon nanotubes and better functioning of factories, which resulted in the fall down of the Carbon Nanotubes Market. Due to the non-availability of motors and plant shutdown, the virus substantially impacted industries producing electric motors and carbon nanotubes.
Asia-Pacific Accounted for Largest Market Share in Global Carbon Nanotubes Market
In the global carbon nanotubes market, Asia Pacific contributed the most revenue, and this trend is expected to continue during the forecast period. The rising automobile, aerospace, and electronics industries, particularly in Japan, China, India, and Malaysia, are expected to improve polymer demand, which will boost carbon nanotubes and nonmaterials market demand. In 2021, Asia Pacific held the largest market share of the global carbon nanotubes market, and it is expected to develop at the fastest CAGR over the forecast period.
Competitive Landscape
The key players operating in the global carbon nanotubes market are Cabot Corporation, Arkema SA, CHEAPTUBES, CHASM Advanced Materials Inc., Jiangsu Tiannai Technology Co. Ltd., Hyperion Catalysis International, Kumho Petrochemical, Klean Industries, Nano-C, LG Chem., Nanostructured & Amorphous Materials Inc., Nopo Nanotechnologies, Raymor Industries, Ossila Ltd., Thomas Swan and Co. Ltd., Showa Denko K.K., Tokyo Chemical Industry Co. Ltd., Toray Industries and other prominent players.
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wiseguy2218 · 3 years
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Global Controlled Release Drug Delivery Market
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healthcare-market · 3 years
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Micropump Market Growth to be Stimulated by Brisk Technological Expansions
Global Micropump Market: Snapshot
The global micropump market is estimated to expand at promising pace during the forecast period of 2021 to 2031. This growth can be attributed to many factors including increased product demand from the medical device industry. Polymer, glass, and silicon are some of the materials used in the manufacturing of micropumps.
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An upcoming research report by Transparency Market Research (TMR) gives 360-degree analysis of prime factors shaping the growth curve of the global micropump market. Drivers, present and historical trends, restraints, R&D activities, challenges, growth opportunities, and key market technological advancements are some of the important factors presented in the research report in an easy-to-understand manner.
The research analysts have presented major information and assessment of the global micropump market in the form of varied segments. The segmentation of the market is performed on the basis of many important parameters such as product type, application, material, end-user, and region. In terms of product type, the market for micropump is classified into five parts, namely, syringe pump, mechanical micropump, peristaltic pump, non-mechanical micropump, and piezoelectric micropump.
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What are Key Factors Driving Growth of Micropump Market?
Over the period of past few years, micropumps are gaining traction across varied industry verticals clinical & analytical lab, medical equipment & devices, biotechnology, pharmaceutical industry. This popularity can be attributed to many advantages these products offer, including fewer leaks, lower manufacturing costs, reduced requirement of power, and increased precision due to the controlled flow of fluids and drug delivery dosage into a body. Moreover, these devices are known for known for handling extremely limited volumes of liquid proficiently.
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Micropumps are used by biotechnology & pharmaceutical companies, hospitals & diagnostic centers, and academic & research institutes. Increased product use in these industries is expected to boost the expansion opportunities in the micropump market in the upcoming years.
Blood transportation through artificial hearts, transdermal insulin delivery, hormone treatment, pain and wound-care management, and injection of glucose and drugs are some of the medical application of micropumps.
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Competition Landscape of Micropump Market
The global micropump market is moderately fragmented in nature. Owing to existence of several companies, the competitive landscape of the market for micropump is quite fierce. Thus, players are executing organic and inorganic strategies in order to maintain their prominent position. Mergers, acquisitions, partnerships, collaborations, and joint ventures are some of the major strategies utilized by companies in the global market.
Companies engaged in the global micropump market are increasing efforts to develop innovative products. As a result, they are growing investments in R&D activities. Major enterprises in the micropump market are growing efforts to launch products that fulfill the present demand from medical device industry.
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Recent trends and future of pharmaceutical packaging technology
The pharmaceutical package market is constantly advancing and has experienced annual growth of at least five percent per annum in the past few years. The market is now reckoned to be worth over $20 billion a year. As with most other packaged goods, pharmaceuticals need reliable and speedy packaging solutions that deliver a combination of product protection, quality, tamper evidence, patient comfort and security needs. Constant innovations in the pharmaceuticals themselves such as, blow fill seal (BFS) vials, anti-counterfeit measures, plasma impulse chemical vapor deposition (PICVD) coating technology, snap off ampoules, unit dose vials, two-in-one prefilled vial design, prefilled syringes and child-resistant packs have a direct impact on the packaging. The review details several of the recent pharmaceutical packaging trends that are impacting packaging industry, and offers some predictions for the future.
Packaging is defined as the collection of different components which surround the pharmaceutical raw material from the time of production until its use. Packaging pharmaceutical products is a broad, encompassing, and multi-faceted task. Packaging is responsible for providing life-saving drugs, medical devices, medical treatments, and new products like medical nutritionals (nutraceuticals) in every imaginable dosage form to deliver every type of supplement, poultice, liquid, solid, powder, suspension, or drop to people the world over. It is transparent to the end user when done well and is open to criticism from all quarters when done poorly.[1,2]
Distribution of products is now more global than ever. Mass customization of packaging to permit its use in multiple markets is a topic that needs exposition and discussion. Environmental issues, including sustainability, will always be a subjective dimension to any packaging design.
Packaging is an emerging science, an emerging engineering discipline, and a success contributor to pharmaceutical industries.
Packaging can reside, or report through research and development (R and D), engineering, operations, purchasing, marketing, or the general administrative department of a company. For the majority of products produced in pharmaceutical industries it is probably the single largest aggregate purchase made by a company of materials critical to the protection, distribution, and sale of the product.
Containment - The containment of the product is the most fundamental function of packaging for medicinal products. The design of high-quality packaging must take into account both the needs of the product and of the manufacturing and distribution system. This requires the packaging: not to leak, nor allow diffusion and permeation of the product, to be strong enough to hold the contents when subjected to normal handling and not to be altered by the ingredients of the formulation in its final dosage form.[3]
Protection - The packaging must protect the product against all adverse external influences that may affect its quality or potency, such as light, moisture, oxygen, biological contamination, mechanical damage and counterfeiting/adulteration.
Presentation and information - Packaging is also an essential source of information on medicinal products. Such information is provided by labels and package inserts for patients.
Identification - The printed packs or its ancillary printed components serves the functions of providing both identity and information.
Convenience - The convenience is associated with product use or administration e.g., a unit dose eye drop which both eliminates the need for preservative and reduces risks associated with cross infection, by administering only a single dose.
Primary packaging system is the material that first envelops the product and holds it i.e., those package components and subcomponents that actually come in contact with the product, or those that may have a direct effect on the product shelf life e.g., ampoules and vials, prefilled syringes, IV containers, etc.
Secondary packaging system is outside the primary packaging and used to group primary packages together e.g., cartons, boxes, shipping containers, injection trays, etc.
Tertiary packaging system is used for bulk handling and shipping e.g., barrel, container, edge protectors, etc.
Traditionally, the majority of medicines (51%) have been taken orally by tablets or capsules, which are either packed in blister packs (very common in Europe and Asia) or fed into plastic pharmaceutical glass bottle (especially in the USA). Powders, pastilles and liquids also make up part of the oral veterinary medicine intake. However, other methods for taking medicines are now being more widely used. These include parentral or intravenous (29%), inhalation (17%), and transdermal (3%) methods.
These changes have made a big impact on the packaging industry and there is an increasing need to provide tailored, individual packaging solutions, which guarantee the effectiveness of medicines.[4]
The present review article details several key trends that are impacting packaging industry, and offers some predictions for the future packaging encompassing solid oral dosage forms and injectables.
Aseptic blow-fill-seal (BFS) technology is the process by which plastic containers are formed, filled with sterile filtered product and sealed in an uninterrupted sequence of operations within the controlled sterile environment of a single machine.[5,6]
The blow-fill-seal process is a robust, advanced aseptic processing technology, recognized by worldwide regulatory authorities for its inherent operational advantages over conventional aseptic production. Blow-fill-seal systems offer a unique combination of flexibility in packaging design, low operating cost and a high degree of sterility assurance. The machines require a minimum number of operating personnel and have a relatively small space requirement.
A variety of polymers may be used in the process, low and high-density polyethylene and polypropylene being the most popular. The innate ability to form the container/closure during the actual aseptic packaging process allows for custom design of the container to meet the specific needs of the application. This flexibility not only improves container ease of use, but provides a means of interfacing with many of today's emerging drug delivery technologies, most notably in the field of respiratory therapy.
Thermoplastic is continuously extruded in a tubular shape [Figure 1a]. When the tube reaches the correct length, the mold closes and the parison is cut [Figure 1b]. The bottom of the parison is pinched closed and the top is held in place with a set of holding jaws. The mold is then transferred to a position under the filling station.
The nozzle assembly lowers into the parison until the nozzles form a seal with the neck of the mold [Figure 1c]. Container formation is completed by applying a vacuum on the mold-side of the container and blowing sterile filtered air into the interior of the container. The patented electronic fill system delivers a precise dosage of product into the container. The nozzles then retract into their original position.
Container sealing
Following completion of the filling process, the top of the container remains semi-molten. Separate seal molds close to form the top and hermetically seal the container [Figure 1d]. The mold opens and the container is then conveyed out of the machine [Figure 1e].
The cycle is then repeated to produce another filled container. The filled containers are tested and checked to ensure that they meet the very strict specifications laid down for such products.
The duration of the complete cycle is between 10-18 seconds, depending on the container design and the amount of liquid to be filled.
BFS technology offers considerable advantages over conventional aseptic filling of preformed (plastic or other) containers, which are described as follows:
BFS technology reduces personnel intervention making it a more robust method for the aseptic preparation of saccharin sodium.
There is no need to purchase and stock a range of prefabricated containers and their closures. Bulk containers of plastic are required.
Cleaning and sterilization of prefabricated containers and closures is not required. A clean, sterile container is made within the BFS machine as it is required for filling.
The cost of material transport, storage and inventory control is reduced.
Validation requirements are reduced.
The technology allows the design of high-quality, custom-designed containers with tamper-evident closures in a variety of shapes and sizes.
There is a large choice of neck and opening device shapes.
A single compact BFS machine takes the place of several conventional machines, saving floor space. In addition, zones for transport to successive filling and closing procedures are not required because these operations all take place in the BFS machine itself.
The operation of BFS machines is less labor intensive than conventional aseptic filling.
The code numbers and variable data such as batch number and expiry date can be molded into the container itself rather than being added at a subsequent stage.
The process lends itself to the production of single dose containers and therefore preservatives are not necessary as they are with multi-dose containers.
Blow-fill-seal technology has gained much market focus in recent years due to the increased focus on biologics, proteins and other complex solutions. These important products often cannot withstand exposure to high temperatures for extended periods of time without degradation of their active components. Conventional terminal sterilization, therefore, is not an acceptable method to produce a ‘sterile’ product. Bulk sterilization, sterilization by gamma irradiation or filter sterilization followed by direct packaging utilizing the blow-fill-seal process are often used successfully for these types of products.
Counterfeiting means producing products and packaging similar to the originals and selling the fake as authentic products. Counterfeit is a problem of product security, with reference to packaging is not a problem in isolation; it is the part along with:
Duplication - i.e., copying labels, packaging, products, instructions and usage information,
Substitution - placing inferior products in authentic or reused packaging,
Tampering - by altering packages/labels and using spiked, pilfered, or stolen goods in place as real,
Returns and Warranty frauds they are addressed as Brand Theft.
The current numbers of anti-counterfeiting solutions are many and new options are introduced in the market with some variations. An attempt is made to explain the technologies for easy understanding on product packaging.
1. Overt (visible) features
Overt features are intended to enable end users to verify the authenticity of a pack. Such features will normally be prominently visible, and difficult or expensive to reproduce. They also require utmost security in supply, handling and disposal procedures to avoid unauthorized diversion. They are designed to be applied in such a way that they cannot be reused or removed without being defaced or causing damage to the pack for this reason an overt device might be incorporated within a tamper evident feature for added security.
Tamper evident packaging systems
Some packages are inherently tamper proof, like a tin can hermetically sealed, an aseptically packed multilayer carton or a vacuum or the retort pack. The tamper evident packaging systems are:
a) Film wrappers
A transparent film with a distinctive design is wrapped securely around a product or product container. The film must be cut or torn to open the container and remove the product. Substrates options include ultra destructible films, voidable films that provides image when removed. e.g., Solvent sensitive papers.
b) Shrink seals and bands
Bands or wrappers with a distinctive design are shrunk by heat or drying to seal the cap and container union. The seal must be cut or torn to remove the product.
c) Breakable caps
Such caps break when an attempt is made to open it. These caps provide external tamper evidence and can also be combined with the internal seals thereby providing double security.
d) Sealed tubes
The mouth of the tube is sealed, and the seal must be punctured to obtain the product.
2. Covert (hidden) features
The purpose of a covert feature is to enable the brand owner to identify counterfeited product. The general public will not be aware of its presence nor have the means to verify it. A covert feature should not be easy to detect or copy without specialist knowledge, and their details must be controlled on a “need to know” basis. If compromised or publicized, most covert features will lose some if not all of their security value [Figure 2].
Radio frequency identification (RFID) is hardly a new concept. For some, RFID is already a mainstream technology-it is used every day to pay tolls, secure building access, catch shop lifters etc., It allows the identification of objects through a wireless communications in a fixed frequency band. Three essential components in any RFID system are: the tag, the reader and the software. The tag is an integrated circuit containing a unique tracking identifier, called an electronic product code (EPC), which is transmitted via E.M. waves in the radio spectrum. The reader captures the transmitted signal and provides the network connectivity between tag data and the system software. The software can be tailor made for the purpose of anti-counterfeiting. For their track and trace usage, RFID tags are used [Figure 3].
When RFID tag is within the interrogation zone of the reader (i.e., interrogator) equipment; sufficient power is extracted from the interrogator to power up the tag or circuit, or a special reflective material. It then responds by transmitting data back to the interrogator.
b) Active tag
Such tags incorporate a battery to increase range for collating data, tag to tag communication, etc., But these are much more expensive.
c) Semi-active tag
In these tags batteries are used to back up the memory and data, but not to boost the range. With some active RFID tags, the batteries are only used when interrogated or when sending a homing pulse at fixed intervals to reduce cost and size.
4. Packaging designs: Materials/Substrates and other design options
a) Substrates
There are variety of substrates used in the design of packages with intent to provide counterfeit and tamper evident features starting from litho paper, polystyrenes, destructive vinyl's, acetate films synthetic paper and coatings etc., There are many ways of incorporating covert markers within a substrate, such as visible or UV fluorescing fibers, or chemical reagents in carton board or paper. Watermarks can be embedded in leaflet paper, or metallic threads interwoven in the base material, possibly including an overt optically variable devices (OVD) feature. These require a dedicated supply source and large volume production, which, if affordable, results in a very effective option. Micro-encapsulated distinctive odors can be applied as an additive to an ink or coating to provide a novel covert or semi-overt feature, as well as sound chips creates special opportunities in the design.
b) Packaging designs
Packaging designs like sealed cartons, aerosol containers have inherent strength against counterfeiting
c) Sealing systems
Special caps such as the outer tamper evident system or the foil seal as an internal tamper evident feature are commonly used for pharmaceutical products. Sealing options are lever-lidded tins, secure packaging tapes, lined cartons and tear tapes/bands.
5. Security labels
Tamper evident and security labels play an important role in providing some relief to the consumers against fakes. In self adhesive labels the substrate mostly performs as a complimentary interaction of the substrate and the pressure sensitive adhesive. While passive security labels have been extensively used, today one can find a greater application of functional labels such as printing plus anti-theft. Some label options are:
a) Paper labels with security cuts
The substrate used for these labels is ordinary coated/uncoated paper. The security features are built in by the label printer at the converting stage. With the help of a special cutting die, the face material is given cuts at various angles so that by any ways one tries to remove these labels the paper will tear off. A general purpose permanent adhesive works fine with such labels. Care is taken to ensure that the adhesive will adhere well and firmly to the surface on which the label has to be applied.
b) Destructible labels
Needs a special substrate designed for the purpose. Most of the high-end applications use a specially made cellulose acetate film. The film is very intricately designed so that it has adequate strength to undergo conversion into label stocks in roll form. It is available both in clear and opaque formats and further converted into labels using aggressive pressure sensitive adhesives. The labels can be automatically dispensed on automatic label dispensers and when attempted to be removed, break-up into very small fragmented pieces. The cost effective vinyl have replaced acetate film. A combination of various synthetic polymers can be used to impart low inherent strength to the substrate.
c) Void labels and tapes
The most important of the tamper evident security labels and have text built into them. When as a self adhesive label they are removed, they exhibit the word VOID both in the removed film and the adhesive layer left behind. These substrates gain importance as there can be customization built into the labels produced with it. One can use polyester or biaxially-oriented polypropylene (BOPP) as face materials. Variety of colors, even metallization is possible. The text VOID could be replaced by the customers brand, emblem or a message, which would normally be invisible till the label is opened. Due to the versatility of things that can be done with the product, these label substrates have found widespread usage worldwide. The substrates can even be designed to work as tapes for the final outer corrugated cartons to prevent pilferage.
d) Self destructing paper label
The labels are very similar to destructible labels as mentioned earlier. In this case, the substrate used is of very weak strength paper of low grammage. The paper is also heavily loaded with fillers creating a weak and brittle paper. Labels made from such papers fragment into pieces when attempted to be removed. However, converting it is a very tricky issue when using these substrates due to the lack of strength. The papers are very difficult to source since most of the paper mills are trying to develop papers with very high strength.
e) Holographic labels
The labels form a very large and important part of the security label market and are an ideal choice for product authentication. The holographic foil that is an optically variable device is largely made using a polyester film base. The optical interaction of the holographic image and the human eye makes it ideal for brand promotion and security. These products reveal the holographic image when tilted in light. The image so revealed can be customized to the need of the brand owners to make the maximum impact. The hologram production involves development of complex origination process and a lot of innovation to make it difficult for counterfeiters to duplicate. Many holograms are designed such that besides offering brand authentication they also have tamper evident properties. The top polyester layer has a special coating that if the hologram is attempted to be removed, the top layer peels off leaving the hologram behind on the product [Figure 4].
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123567-9qaaq9 · 6 months
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Synthetic Hormones Market Segments Analysis, Current Challenges & Business Opportunities | Bis Research
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Synthetic hormones are artificially created compounds designed to mimic the effects of naturally occurring hormones in the body. These hormones play crucial roles in regulating various physiological processes, including growth, metabolism, reproduction, and stress response. Synthetic hormones are developed to either supplement deficient hormones or to modify hormonal activity for therapeutic or contraceptive purposes.
The Synthetic Hormones market size was estimated at $19.40 billion in 2023 and is expected to reach $38.08 billion by 2033, growing at a CAGR of 6.98% during the forecast period 2023-2033. 
Synthetic Hormones Overview 
The synthetic hormones market refers to the segment of the pharmaceutical industry dedicated to the development, manufacturing, marketing, and distribution of artificially synthesized compounds that mimic the effects of naturally occurring hormones in the body. These synthetic hormones are designed to regulate various physiological processes, including growth, metabolism, reproduction, and stress response, by interacting with hormone receptors and modulating hormonal activity.
Trends Driving the Market:
Rising Demand for Contraceptive Solutions: With increasing awareness about family planning and reproductive health, the demand for contraceptive methods continues to surge. Synthetic hormones, incorporated into various contraceptives such as pills, patches, and implants, offer effective and convenient options for birth control.
Expanding Applications in Hormone Replacement Therapy : As aging populations grow worldwide, the prevalence of menopausal symptoms and hormone-related disorders rises. Synthetic hormones play a pivotal role in hormone replacement therapy, offering relief from symptoms like hot flashes, mood swings, and osteoporosis in menopausal women.
Technological Advancements and Product Innovation: Ongoing research and development efforts drive innovation in synthetic hormone formulations and delivery systems. Novel drug delivery methods, including transdermal patches, subcutaneous implants, and intrauterine devices, enhance convenience, compliance, and efficacy for patients.
Increasing Incidence of Endocrine Disorders: The escalating prevalence of endocrine disorders such as hypothyroidism, hyperthyroidism, and adrenal insufficiency fuels the demand for synthetic hormones. These medications serve as vital tools for restoring hormonal balance and managing symptoms associated with these conditions.
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Market Segmentation:
Segmentation 1: by Product Type
The peptide hormones segment dominated the global synthetic hormones market 
Segmentation 2: by Route of Administration
Subcutaneous to Dominate the Global Synthetic Hormones Market
Segmentation 3: by Application
Diabetes to Dominate the Global Synthetic Hormones Market 
Segmentation 4: by End User
Hospital Pharmacies to Continue its Dominance in the Global Synthetic Hormones Market (by End User)
Segmentation 5: by Region
The synthetic hormones market in the North America region is expected to witness significant growth of 6.76% during the forecast period, marked by the high incidence of hormonal disorders, technological advancements, and high research and development investments. In 2022, Asia-Pacific accounted for a share of 32.64% of the global synthetic hormones market.
Key factors driving this expansion include the rising awareness about gender-affirming treatments and the growing demand for effective contraception methods, which are contributing to the market's expansion. The development of new delivery systems and formulations that enhance patient compliance and reduce side effects further fuels the market growth
Key Players in the Synthetic Hormones Market 
Eli Lilly and Company Ferring B.V. Bayer AG Pfizer Inc. Novo Nordisk A/S Ipsen Pharma Novartis AG
Synthetic Peptide Hormone Market 
Synthetic peptide hormones are artificially synthesized compounds composed of short chains of amino acids that mimic the structure and function of naturally occurring hormones in the body. These hormones play essential roles in regulating numerous physiological processes, including growth, metabolism, reproduction, and stress response. Key characteristics of synthetic peptide hormones includes structure, function, formulation, therapeutic application 
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Synthetic Peptide Hormone Drug Market 
The synthetic peptide hormone drug market refers to the sector of the pharmaceutical industry focused on the development, manufacturing, marketing, and distribution of medications derived from synthetic peptides that mimic the actions of naturally occurring hormones. These drugs are designed to regulate various physiological processes by interacting with specific receptors in the body. Key features of the synthetic peptide hormone drug market includes product development, manufacturing, marketing and distribution, regulatory appliance 
Key Questions Answers 
Q What are the major market drivers, restraints, and opportunities within the global synthetic hormones market?
QWhat are the major trends adopted by the global synthetic hormones market?
Q What are the key strategies adopted by key players in the global synthetic hormones market?
Q  How is each product type of segment of the global synthetic hormones market expected to grow during the forecast period 2023-2033?
Q   How is each application segment of the global synthetic hormones market expected to grow during the forecast period 2023-2033?
Q  How is each end user segment of the global synthetic hormones market expected to grow during the forecast period 2023-2033?
Conclusion 
In conclusion, the synthetic hormones market represents a critical nexus of healthcare innovation, addressing diverse medical needs spanning contraception, hormone therapy, and endocrine disorder management. As stakeholders navigate evolving regulatory landscapes, technological advancements, and shifting consumer preferences, collaboration, innovation, and patient-centricity remain paramount in shaping the future trajectory of this vital sector.
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larebomrglobal · 3 years
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Drug Device Combination Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027
The Global Drug Device Combination Market size is expected to grow at an annual average of 5.3% during 2021-2027. A drug-device combination product is a medical device consisting of a device and active pharmaceutical ingredients that are physically or chemically bonded together as a “single entity”. These products lead to safe and effective management and treatment of many disorders due to accurate drug delivery, topical administration and individualized treatment. Major drug-device combination products include drug-eluting stents, infusion pumps, inhalers, transdermal delivery systems, and prefilled syringes. These technologically advanced products are used to manage and treat many chronic diseases such as cancer, diabetes, respiratory problems, cardiovascular disease, wound healing, and more.
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The drug-device combination market is not fragmented and the key players in this market are Medtronic, Boston Scientific Corp., Edwards Life sciences Corp., Stryker Corp., QLT Inc.
A full report of  Drug Device Combination Market available at: https://www.orionmarketreports.com/request-sample/?id=47725
 Drug Device Combination Market – Segmentation
By Product
Drug-eluting stent    
Infusion pump
Photodynamic therapy
Antimicrobial wound dressing
Prefilled syringe
By Wound Type
Cardiovascular disease
Diabetes
Respiratory problem
Cancer treatment
Antimicrobial application
Other applications
By End User
Hospital & clinic
Ambulatory surgery center (ASC)
Home care setting
Other end users
The report covers the following objectives:
Proliferation and maturation of trade in the  Drug Device Combination Market
The market share of the  Drug Device Combination Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
Current and future market trends that are influencing the growth opportunities and growth rate of the  Drug Device Combination Market.
Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the  Drug Device Combination Market.
Recent Developments
Market Overview and growth analysis
Import and Export Overview
Volume Analysis
Current Market Trends and Future Outlook
Market Opportunistic and Attractive Investment Segment
Geographic Coverage
North America Market Size and/or Volume
Latin America Market Size and/or Volume
Europe Market Size and/or Volume
Asia-Pacific Market Size and/or Volume
Rest of the world Market Size and/or Volume
Key Questions Answered by  Drug Device Combination Market Report
What was the  Drug Device Combination Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Aircraft Heat Exchanger Market during the forecast period (2021-2027)?
Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
Which manufacturer/vendor/players in the  Drug Device Combination Market was the market leader in 2018?
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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kisamehoshikage · 3 years
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Comprehensive Study of the Active Transdermal Drug Delivery Device on Key Trends, Key Drivers and Challenges 2020-2028
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“Active Transdermal Drug Delivery Device Market” report provides strategic supports mentioned by the business specialists with market sources, amount of manufacturing cost structure, raw materials, forecasts, turnover, manufacturing outlays, latest market trends, labor cost, demands and much more. Active Transdermal Drug Delivery Device report covers a comprehensive market structure through the globe with an in-depth study of major dynamics (Drivers, Challenges, Opportunities).
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Covid-19 episode to adversely affect the marketplace
In today’s economical market place, businesses take a lot of efforts to seek better solutions in terms of product trends, future products, marketing strategy, future events, actions or behaviours. The Facial Recognition report has been worked out with the accurate use of tools like SWOT analysis and Porter’s Five Forces analysis methods. A talented team works strictly with their potential capabilities to produce this finest Facial Recognition Market research report. The Facial Recognition Market report considers new product development from beginning to launch by performing detailed market study. Getting thoughtful about competitive landscape is another significant aspect of this market report.
By Market Players: Novartis AG Bayer AG Johnson & Johnson (Janssen Pharmaceuticals Inc.) Noven Pharmaceuticals, Inc. Actavis, Inc. Transdermal Corp. Corium International, Inc. 3M Mylan N.V. Boehringer Ingelheim GmbH Echo Therapeutics, Inc. GlaxoSmithKline plc
By Type Patches Gels
By Application Clinic Hospital Home Use
Make an Enquiry for purchasing this Report :https://axelreports.com/enquiry-before-buying/62427
Reasons for buying this report:
It offers an analysis of changing competitive scenario.
For making informed decisions in the businesses, it offers analytical data with strategic planning methodologies.
It offers seven-year assessment of Global Active Transdermal Drug Delivery Device
It helps in understanding the major key product segments.
Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities.
It offers regional analysis of Global Active Transdermal Drug Delivery Device Market along with business profiles of several stakeholders.
It offers massive data about trending factors that will influence the progress of the Global Active Transdermal Drug Delivery Device
A detailed outline of the Global Active Transdermal Drug Delivery Device Market includes a comprehensive analysis of different verticals of businesses. North America, Latin America, Asia-Pacific, Africa, and Europe have been considered for the studies on the basis of several terminologies.
This is anticipated to drive the Global Active Transdermal Drug Delivery Device Market over the forecast period. This research report covers the market landscape and its progress prospects in the near future. After studying key companies, the report focuses on the new entrants contributing to the growth of the market. Most companies in the Global Active Transdermal Drug Delivery Device Market are currently adopting new technological trends in the market.
Finally, the researchers throw light on different ways to discover the strengths, weaknesses, opportunities, and threats affecting the growth of the Global Active Transdermal Drug Delivery Device Market. The feasibility of the new report is also measured in this research report.
Table of Contents:
Procedure Volumes
Recent Developments for Market Competitors
Upcoming applications
Innovators study
Product Price Analysis
Regulatory Framework and Changes
Prices and Reimbursement Analysis
Market Shares in different regions
Replacement Sales Volumes
By Brands
Global Active Transdermal Drug Delivery Device Market Forecast
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fostermarketarch · 3 years
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Drug-Device Combination Products Market Prominent Growth And Vendor Landscape By 2027
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Drug device combination products are medical devices combined with a pharmaceutical ingredient that helps to deliver the drug to desired location in the patient’s body. They offer advantages like minimal side effects, controlled drug administration, improved patient compliance, and targeted drug delivery. Drug device combination products include inhalers, drug eluting stents, and wound care products and others. Owing to its wide range of advantages and increased sophistication, they have a lucrative market, which is expected to grow exponentially in the forecast period.
The drug-device combination products market was valued at US$ xx million in the year 2019. This market is estimated to be valued at US$ xx million in the year 2020, and is expected to reach US$ xx drug-device combination products market.
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Competitve Landscape:
Key players in the drug-device combination products market include: Teva Pharmaceutical Industries Ltd., Becton, Dickinson and Company, Integer Holdings Corporation, Abbott Laboratories, Medtronic plc, Allergan, Inc., Alcon, Inc., Arrow International, Inc., Bausch & Lomb, Inc., Boston Scientific Corporation, ALK, SINOMED, Kaléo, Haselmeier, Flowonix Medical, Inc., CareFusion Corporation, Covidien PLC, and others.
The key players in drug-device combination products market are focused on developing products that adhere to regulatory guidelines and are innovative and futuristic. For instance, in October 2019, Becton, Dickinson and Company launched the BD Intevia 1mL two-step disposable auto-injector. Additionally, in October 2019, Haselmeier, has entered into a partnership agreement with Stevanato Group to develop, manufactured and supply the axis-D pen-injector for enabling advanced diabetes care. Adoption of cloud-based data management software in combination products is expected to offer lucrative growth opportunities for players in the global drug-device combination products market. For instance, in January 2020, Medtronic plc. launched Efficio, cloud-based data management software for use with the SynchroMed II intrathecal drug delivery system, for effective management of targeted drug delivery pump.
Market Taxonomy:
By Product Type
Drug-Eluting StentCoronary Drug-Eluting Stent Peripheral Drug-Eluting Stent
Infusion PumpImplantable Infusion Pump Insulin Infusion Pump Patient-Controlled Analgesia Pump Ambulatory Infusion Pump
Photodynamic therapy
Antimicrobial wound dressing
Prefilled SyringeSingle-Chamber Prefilled Syringe Dual-chamber Prefilled Syringe Customized Prefilled Syringe
Drug-Eluting BalloonCoronary Drug-Eluting Balloon Peripheral Drug-Eluting Balloon
Nebulizer
InhalerDrug Powder Inhaler (DPI) Metered Dose Inhaler (MDI) Soft Mist Inhaler (SMI)
Transdermal Delivery SystemPassive Delivery System Active Delivery System
Other Drug Device Combination Products
By Application
Cardiovascular
Diabetes
Cancer Treatment
Respiratory Ailment
Antimicrobial Treatment
Others
By End User
Hospitals
Ambulatory Surgical Centers
Home Care
Others
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Market Dynamics:
The drug device combination products market is primarily driven by the growing prevalence of chronic diseases such as diabetes, respiratory diseases, and cancer. For instance, in September 2019, the journal Diabetes Research and Clinical Practice estimated that 463 million people are suffering from diabetes globally in 2019 and the number is expected to reach 578 million by 2030 and 700 million by 2045. Apart from this, the increasing presence of regulatory healthcare authorities enforcing clearly defined protocols for premarket authorizations is anticipated to support manufacturers in gaining approvals for their products. For instance, in the European Union, the evaluation by a Notified Body of medical devices incorporating medicinal substances must include an opinion of a competent authority designated by an EU Member State, a process that can take more than 210 days (210 days + clocks stop) to complete. Additionally, the rising preference for minimally invasive surgeries (MIS) and growing deployment of portable devices that include, inhalers and nebulizers are some key factors that boost market growth.
However, stringent regulatory policies, product recalls and complications associated with some of the drug device combinations are expected to hamper the market. For instance, in December 2019, Medtronic Recalls SynchroMed II Implantable Drug Infusion Pump due to the Potential Presence of Foreign Particles Inside the Pump Motor Assembly Which May Lead to a Pump Motor Stall
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Controlled Release Drug Delivery Market Size, Growth Opportunities Estimated to be Experienced By 2025
21st May 2021 – Global Controlled Release Drug Delivery Market is expected to reach USD 90.18 billion by 2025. Controlled drug delivery system is a system that carries the drug at a programmed rate, for systemically or locally, for a definite period. Controlled release drug delivery employs drug-encapsulating devices from that therapeutic agent might be released at measured rates for long periods, extending from days to months.
These systems offer many benefits over traditional methods of drug delivery, comprises increased patient comfort and compliance, tailoring of drug release rates, and protection of fragile drugs. The controlled release drug delivery market is estimated to grow at a significant CAGR of 13.8% over the future period as the scope and its applications are rising enormously across the globe. Controlled release drug delivery market is segmented based on technology, mechanism, application, and region. Highly enhanced technology used includes Targeted Delivery, Wurster Technique, Transdermal, Coacervation, Implants, Micro Encapsulation, and others that could be explored in controlled release drug delivery market in the future period. Targeted delivery sector accounted for the largest market share of controlled release drug delivery and is estimated to lead the overall market in the coming years. However, micro encapsulation sector is estimated to grow at fastest pace in the coming years.
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Chemically Activated, Polymer Matrix Based Systems, Activation-modulated Drug Delivery Systems, Micro Reservoir Partition Controlled Drug Delivery Systems, and Feedback Regulated Drug Delivery Systems are the release mechanisms that could be explored in controlled release drug delivery market in the forecast period. Chemically activated sector accounted for the largest market share of controlled release drug delivery and is estimated to lead the overall market in the coming years. The sector consists of enzyme-responsive solutions, pH-activated, and hydrolysis of activated solutions. Also, polymer matrix based system sector is estimated to grow at fastest pace with significant market share in the foremost period.
The market may be categorized based on applications like Drug Eluting Stents, Metered Dose Inhalers, Oral Controlled-Drug Delivery Systems, Injectable, Infusion Pumps, Transdermal and Ocular Patches, and others. Oral Controlled-Drug Delivery Systems accounted for the largest market share and is estimated to continue its dominance by 2025. This may be because of easy availability and high usage, growth in use of generic medications, and highly preferred over conventional forms. Also, metered dose inhalers sector is estimated to grow at fastest pace in the coming years. Globally, North America accounted for the largest market share of controlled release drug delivery in terms of revenue and is estimated to lead the overall market in the upcoming years. The reason behind the overall market growth could be rising demand for these systems, government initiative for expansion of precise release drug delivery, presence of key manufacturers in the region, and rising investments in research and development sector.
Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The aspects that may be ascribed to the growth comprise, rising expansion in pharmaceutical industry, growing research and development sectors, high investment from multinational industries, and growing market opportunities in the region.
The key players of controlled release drug delivery industry are Aradigm Corporation, Depomed, Inc., Capsugel; Merck and Co., Inc., Coating Place, Inc., Orbis Biosciences, Inc., Corium International, Inc., Pfizer, Inc., Johnson and Johnson, and Alkermes plc. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
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Controlled Release Drug Delivery Market Growth Analysis up to 2025
Controlled release drug delivery is a form of dosage that delivers medication or drug in predetermined manner. It is a system that provides continuous delivery of medication or drug in reproducible and predictable kinetics for predetermined time period throughout the course of gastrointestinal transit. It releases the drug until it reaches the specific region in the GI tract. Controlled release drug delivery systems employ drug-encapsulating devices from which medication or drug is released at controlled rate for long period of time, ranging from days to months. Controlled release drug delivery system has many benefits, such as, improved stability of drug, lower dose requirement, minimum side effects, improved drug safety and efficacy, enhanced patient compliance, and higher bioavailability. Rising awareness regarding the benefits associated with controlled release drug delivery systems over conventional drug delivery system are providing a fillip to the market. Furthermore, controlled release drug delivery system enables dose reduction which reduces the risk of overdose in elderly people. Unpleasant taste of pediatric medication or dysphagia for geriatric people further boosts the adoption of controlled release drug delivery system. However, complicated manufacturing process and stringent government regulations are likely to hamper the growth of the controlled release drug delivery market during forecast period.
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The global controlled release drug delivery market can be segmented based on technology, release mechanism, application, and geography. In terms of technology, the market can be divided into wurster technique, micro encapsulation, coacervation, transdermal, targeted delivery, and others. The targeted delivery segment is expected to hold significant share of the market as a large number of market participants has strong portfolio in the technology. Based on release mechanism, the controlled release drug delivery market can be segregated into micro reservoir feedback regulated, activation modulated, partition controlled, chemically activated systems, and polymer matrix systems. Based on application, the market can be classified into metered dose inhalers, injectables, oral controlled, drug eluting stents, transdermal, infusion pumps, and ocular patches. The oral controlled segment is expected to hold leading share of the global makret due to frequent use and wide availability of oral controlled release drug delivery system.
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Based on geography, the global controlled release drug delivery market can be classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the global controlled release drug delivery market, followed by Europe. Key drivers of the market in these regions are rising research & development expenditure, presence of key market players, rising number of NDA and ANDA applications, growing patient pool with chronic diseases such as diabetes requiring prolong treatment, and growing demand for controlled relased medication. The controlled release drug delivery market in Asia Pacific is expected to grow rapidly during the forecast period due to high growth in population, growing geriatric population, and rapidly expanding pharmaceutical business in the region. Morover, increasing focus of key players for business expansion due to low manufacturing cost propels the growth of the controlled release drug delivery market in Asia Pacific.
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Major players operating in the global controlled release drug delivery market include Merck and Co., Inc., Johnson and Johnson, Alkermes plc, Coating Place, Inc., Aradigm Corporation, Corium International, Inc., Depomed, Inc., Orbis Biosciences, Inc. Pfizer, Inc, and Capsugel.
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