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Why Herpes Zoster Treatment Market Is Right for Your Business

Herpes zoster, also known as shingles, is a viral infection that causes painful skin rashes, occurring in patients with immunosuppressive diseases or cell-mediated immunity that declines with age. Shingles is caused by the varicella zoster virus, the same virus that also causes chicken pox. After a person has chickenpox, the virus lies dormant in certain nerves for years, and its reactivation causes a shingles infection.

Also, people with shingles can infect someone who has never had chickenpox, but the person will only have chickenpox and not shingles. Shingles is common in older adults due to their weakened immune systems. People undergoing radiation or chemotherapy have weakened immune systems and are more likely to get shingles.

The global herpes zoster treatment industry generated $217.09 million in 2020, and is estimated to reach $303.42 million by 2030, witnessing a CAGR of 3.4% from 2021 to 2030.

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• CAGR: 3.4%
• Current Market Size: USD 217.09 Million
• Forecast Growing Region: APAC
• Largest Market: North America
• Projection Time: 2021- 2030
• Base Year: 2021

Drivers, Restraints, and Opportunities
Increase in incidence of herpes zoster and enhanced healthcare infrastructure drive the growth of the global herpes zoster treatment market. However, scarcity of skilled professionals restrains the market growth. On the other hand, surge in drug development activities creates new opportunities in the coming years.

Covid-19 Scenario-
* There has been a fall in the number of surgeries and patient visits to hospitals to avoid cross-contamination. This impacted the herpes zoster treatment market negatively.
* Moreover, the shift in healthcare staff to take care of Covid-19-infected patients led to reduced staff for taking care of patients undergoing the herpes zoster treatment. So, many hospitals and healthcare facilities postponed non-elective surgeries. However, the herpes zoster treatment market is expected to recover steadily post-pandemic.

The antiviral medications segment to continue its leadership status during the forecast period
Based on treatment type, the antiviral medications segment accounted for the highest share in 2020, contributing to nearly half of the global herpes zoster treatment market, and is expected to continue its leadership status during the forecast period. Moreover, this segment is expected to manifest the largest CAGR of 3.9% from 2021 to 2030. This is due to rise in demand for antiviral treatment for its high effectiveness and introduction of new drugs. The research also analyzes the segments including anti-inflammatory medications and others.

The drug stores and retail pharmacies segment to continue its dominant share during the forecast period

Based on distribution channel, the drug stores and retail pharmacies segment contributed to the highest share in 2020, accounting for nearly three-fifths of the global herpes zoster treatment market, and is estimated to continue its dominant share in terms of revenue during the forecast period. This is attributed to surge in the number of stores and its ease in availability. However, the online providers segment is expected to witness the highest CAGR of 5.4% from 2021 to 2030, owing to rise in preference for doorstep delivery of medicines with increased demand for convenience.

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North America to continue its lead position in terms of revenue by 2030

Based on region, North America held the highest market share in 2020, accounting for around two-fifths of the global herpes zoster treatment market, and is expected to continue its lead position in terms of revenue by 2030.

This is due to availability of advanced healthcare facilities with trained medical professionals and presence of key players across the region. However, Asia-Pacific is projected to portray the fastest CAGR of 4.7% during the forecast period, owing to rise in patient awareness toward treatment of herpes zoster and surge in demand for drug therapies.

Leading Market Players
* Abbott Laboratory
* Bausch Health
* Cipla Inc.
* Camber Pharmaceuticals.
* GlaxoSmithKline plc
* Merck
* Novartis AG,
* Pfizer Inc.
* Eli Lilly and Co.
* Teva Pharmaceutical Industries Ltd.

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Featured

How Vietnam Medical Nutrition Market Has Redefined Healthcare Industry ?

Medical nutrition categories into infant nutrition, parenteral nutrition, and enteral nutrition. Infant nutrition may be used instead of breast milk depends on the fact that women cannot breastfeed or their different lifestyle choices. In addition, babies may have a reason to not consume breast milk either they are premature or may have an allergy to breast milk. Parenteral nutrition (PN) is the nourishing of nutritional products to a patient intravenously. The patient who receives a nutritional formulas that contain nutrients such as glucose, amino acids, lipids, salts, vitamins, and dietary minerals is called total parenteral nutrition (TPN) or total nutrient admixture (TNA) when no significant nutrition is obtained by other routes. One of the other method is enteral nutrition which include oral powder or tube feeding where nutrition taken through a tube that goes directly to the stomach or small intestine. It involves the esophagus, stomach, and small & large intestines.

The Vietnam Medical Nutrition Market was pegged at $270.16 million in 2019, and is projected to reach $373.05 million by 2027, growing at a CAGR of 5.1% from 2020 to 2027.

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  • CAGR: 5.1%
  • Current Market Size: USD 270.16 Million
  • Forecast Growing Region: APAC
  • Largest Market: North America
  • Projection Time: 2020 – 2027
  • Base Year: 2020

The medical nutrition market in Vietnam is expected to experience substantial growth in the future, due to the increase in the incidence of chronic diseases and the increase in geriatric population across Vietnam. However, the lack of awareness of nutritional issues among Vietnamese people is expected to hamper market growth during the forecast period. Conversely, the rise of medical tourism in Vietnam should offer lucrative opportunities for market players.

By product, the medical nutrition market in Vietnam is segmented into infant nutrition, parenteral nutrition, and enteral nutrition. Parenteral nutrition is further classified into dextrose products, fat products, additive products, and others. Enteral nutrition is further classified as standardized, semi-elemental and specialized.

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By distribution channel, the Vietnam medical nutrition market is segmented into hospital pharmacies, retail pharmacies, and online pharmacies. The online pharmacies segment is expected to exhibit the highest CAGR during the forecast period owing to rise in disposable income and increase in awareness among people about the available options of medical nutrition at a discounted price.

The Vietnam medical nutrition market report includes an in-depth analysis of the major market players including

Abbott Laboratories,

Baxter International Inc.,

B. Braun Melsungen AG,

and Fresenius SE & Co. KGaA.

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Featured

An Expert Guide to Opioid Use Disorder Market in 2023

Opioids are produced synthetically or naturally in laboratories to mimic the chemical characteristics of opioids which interact with opioid receptors on nerve cells in the body and brain to relieve pain. They are a group of substances that also includes heroin, synthetic opioids and prescription pain relievers. Prescription opioids are intended to be used to manage acute pain, such as that experienced after an injury or surgery, chronic pain, cancer that is actively being treated, hospice care, and end-of-life care. Many patients under medical care rely on prescription opioids to help them manage their problems. Opioid use disorder is a chronic, lifelong condition with potentially serious consequences, including disability, relapse, and death.

The global opioids use disorder market was estimated at $2.8 billion in 2021 and is expected to hit $8.1 billion by 2031, registering a CAGR of 11.5% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

  • CAGR: 11.5%
  • Current Market Size: USD 2.8 Billion
  • Forecast Growing Region: APAC
  • Largest Market: North America
  • Projection Time: 2021 – 2031
  • Base Year: 2021

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Covid-19 scenario-

  • A large number of clinics and hospitals around the world have been refurbished to increase hospital capacity for patients diagnosed with Covid-19. Furthermore, the postponement or cancellation of medical appointments has severely affected the global opioid use disorder market. • The decline in the number of scheduled surgeries has led to a decrease in the demand for opioids, which has caused a decrease in the prevalence of opioid use disorder.

The global opioids use disorder market is analyzed across drug type, age group, route of administration, distribution channel, and region. The report takes in an exhaustive analysis of segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.

Based on drug type, the agonist segment contributed to more than four-fifths of the global opioids use disorder market in 2021 and is expected to dominate by 2031. The same segment would also showcase the fastest CAGR of 11.6% throughout the forecast period.

Based on age group, the 19 to 39 segment held nearly half of the total market revenue in 2021 and is expected to dominate by 2031. The same segment would also manifest the fastest CAGR of 11.9% throughout the forecast period.

Based on route of administration, the intravenous segment held around more than half of the total market revenue in 2021 and is expected to dominate by 2031. The same segment would also cite the fastest CAGR of 11.9% throughout the forecast period.

By distribution channel, the hospital pharmacy segment accounted for nearly three-quarters of the total market revenue in 2021 and is expected to dominate by 2031. The same segment would also project the fastest CAGR of 11.6% for the full period of prognosis.

Based on region, the market across North America generated nearly two-fifths of the global opioids use disorder market revenue in 2021 and is anticipated to retain the lion’s share by 2031. Asia-Pacific, on the other hand, would showcase the fastest CAGR of 12.3% during the forecast period. The other regions studied in the report include LAMEA and Europe.

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The key market players analyzed in the global opioids use disorder market report include AstraZeneca Plc.,

BioDelivery Sciences International Inc.,

Braeburn,

Cerebral,

Hikma Pharmaceuticals PLC,

NYC Health + Hospitals,

Dr. Reddy,

Indivior PLC,

Mallinckrodt Pharmaceuticals,

Alkermes, 

Orexo AB,

Camurus,

Pear Therapeutics,

 Pfizer,

Reckitt Benckiser Pharmaceuticals Inc.,

Sandoz (Novartis),

Viatris Inc.,

and Titan Pharmaceuticals, Inc

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The Complete List of Sarcopenia Treatment Market Dos and Don’ts

Sarcopenia is a condition characterized by the loss of skeletal muscle mass and function. Although it is primarily a disease of the elderly, its development may be associated with conditions not exclusively seen in the elderly. Low or gradual loss of muscle mass, general weakness, and decreased stamina are common symptoms of sarcopenia, which affects physical activity levels. Low levels of physical activity further contribute to muscle contraction. 

The global sarcopenia treatment market generated $2.57 billion in 2020, and is anticipated to reach $4.70 billion by 2030, witnessing a CAGR of 6.1% from 2021 to 2030. In-depth information about opportunities, key drivers, restraints, and their impact analysis on the market is offered in the report.

Factors such as the increase in the geriatric population and the increase in initiatives undertaken by the government and private organizations drive the global sarcopenia treatment market. On the other hand, the lack of effective sarcopenia therapies on the market is expected to hamper growth. Conversely, increasing adoption of supplements and increasing malnutrition and vitamin deficiency in developing countries are the factors that should provide lucrative market opportunities.

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  • CAGR: 6.1%
  • Current Market Size: USD 2.57 Billion
  • Forecast Growing Region: APAC
  • Largest Market: North America
  • Projection Time: 2021 – 2030
  • Base Year: 2021

Impact of Covid-19 on Sarcopenia Treatment Market-

  • The COVID-19 pandemic is expected to have a positive impact on the sarcopenia treatment market.
  • As patients with sarcopenia are more exposed to COVID-19 infection, the pandemic has caused many cases of sarcopenia, especially in the elderly population. • Lockdown and uncertainty in the food delivery chain has led to the unavailability of protein-rich foods and other nutritious foods. This has affected people’s overall health and has led to wasting muscle mass and other muscle ailments in people with other health conditions.

Based on treatment, the protein supplement segment is accounted for the largest market share in 2020, contributing to more than two-fifths of the total share. On the other hand, the vitamin D and calcium supplement segment is estimated to witness the fastest CAGR of 7.4% from 2021 to 2030.

Based on the distribution channel, the hospital pharmacies segment contributed to the largest share in 2020, accounting for more than half of the global sarcopenia treatment market, and is projected to dominate the market during the forecast period. However, the online pharmacies segment is expected to manifest the highest CAGR of 8.8% from 2021 to 2030. 

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Based on region, Asia-Pacific contributed to the highest share in 2020, followed by North America and Europe, holding nearly two-fifths of the total market share, and is expected to maintain the lead throughout the forecast period. The region is expected to manifest the fastest CAGR of 7.5% during the forecast period. 

Leading players of the global sarcopenia treatment market analyzed in the research include

American Way (Amway) Corporation,

Sanofi, Inc.,

GlaxoSmithKline plc.

Nestle S.A.,

Bayer AG,

Pfizer, Inc.

Novartis AG,

Zydus Cadila, Ltd.,

F-Hoffmann La-Roche,

and Abbott laboratories, Inc.

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Featured

How a Weekly Dental Burs and Endodontic Can Change Your Business ?

Dental burs are tools used in modern dentistry for the process of dental restoration and surgical treatment. These are designed like small drilling rigs, used in headpieces to cut through hard tissue such as bone and teeth. These have a cutting blade on the surface of the edges, which helps provide a smooth surface when preparing the cavity. Endodontics is a branch of dentistry that deals with the study and treatment of the dental pulp and the tissues surrounding the roots of the teeth. It is one of the most commonly chosen treatment methods and is performed using an endodontic product. It involves a variety of procedures such as endodontic therapy or root canal therapy, root canal retreatment, surgery, treating cracked teeth, and treating dental trauma.

The global dental burs and endodontic industry was estimated at $1.28 billion in 2020, and is anticipated to hit $2.12 billion by 2028, registering a CAGR of 6.7% from 2021 to 2028.

  • CAGR: 6.7%
  • Current Market Size: USD 1,283.6 million
  • Forecast Growing Region: APAC
  • Largest Market: North America
  • Projection Time: 2021 – 2028
  • Base Year: 2021

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Drivers, restraints, and opportunities-

Rising prevalence of dental ailments, increasing number of dentists, and increasing dental tourism and oral health awareness are fueling the global dental burs and endodontics market. On the other hand, the high costs associated with dental burs and endodontic products and the lack of qualified dental professionals are hampering growth to some extent. However, advances in research and development in dentistry would create lucrative opportunities for years to come.

Covid-19 Scenario:

  • The outbreak of the pandemic led to disrupted manufacturing activities of dental burs and endodontic products. Also, dearth of raw materials and distorted supply chain impacted the global dental burs and endodontic market negatively.
  • At the same time, dental clinics were closed down during the lockdown. Dental procedures were carried out only in case of emergencies, thereby affecting the market growth. Nevertheless, the demand is anticipated to rise slowly post pandemic.

The diamond burs segment to dominate-

On a product basis, the diamond bur segment contributed the largest market share in 2020, with nearly two-fifths of the total market share, and is expected to maintain its leading position by the end of 2028. This is attributed to the increase in prevalence. of dental care, growth in the materials industry, increased production of dental products and progress in research and development for orthodontics around the world. However, the NiTi alloy endodontic files segment is estimated to experience the highest CAGR of 7.5% during the forecast period, due to the increase in the prevalence of the endodontic procedure, the increase in the number of dentists and the increased awareness of oral hygiene.

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The e-commerce website segment to maintain the dominant share-

By distribution channel, the e-commerce website segment garnered the lion’s share in 2020, holding around three-fifths of the global dental burs and endodontic market, and is expected to retain its dominance by 2028. This segment is also expected to cite the fastest CAGR of 7.1% during the forecast period. Rise in digitalization and sales of drugs at low cost fuel the growth of the segment.

Europe, followed by North America, garnered the major share in 2020-

On a regional basis, Europe, followed by North America, held the largest share in 2020, accounting for nearly two-fifths of the global dental and endodontic burs market during the forecast period, due to rising prevalence of diseases presence of advanced healthcare infrastructure, increased awareness of dental care and increased demand for endodontics in the province. At the same time, the Asia-Pacific market is expected to register the fastest CAGR of 8.4% during the forecast period, due to the increase in the geriatric population, the increase in the number of dentists and dental offices, the ‘increased number of dental infections and increased awareness of oral hygiene among people in this region.

Key players in the industry-

  • Golden Star Medical Co Ltd.
  • 3M
  • Prima Dental Manufacturing Ltd.
  • Mani Inc.
  • Shinwon Dental Co Ltd.
  • Global Top Inc.
  • Tri Hawk, Inc.
  • Spiral Tools Pvt. Ltd.
  • Shenzhen Feihuan Medical Instruments Co Ltd.
  • Shenzhen Rogin Medical Co. Ltd.

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Featured

Why Mental Health Market Is the Reprieve We All Need Right Now ?

Mental health is a state of psychological well-being or the absence of any mental illness. It refers to an individual’s psychological level of functioning at an appropriate level of behavioral and emotional adjustment. The disturbance or imbalance in this state of mind drives the prevalence of mental illness or disorder. Mental illness can cause abnormal behavior and unusual thoughts and feelings over a period of time, resulting in emotional or physical distress or impairment.

The global Mental Health Market generated $383.31 million in 2020, and is estimated to garner $537.97 million by 2030, witnessing a CAGR of 3.5% from 2021 to 2030.

  • CAGR: 3.5%
  • Current Market Size: USD 383.31 Million
  • Forecast Growing Region: APAC
  • Largest Market: North America
  • Projection Time: 2021– 2030
  • Base Year: 2021

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Increase in prevalence of chronic diseases and behavioral health, surge in awareness of stress management, and rise in awareness regarding mental disorders through education and advocacy for human rights drive the growth of the global mental health market. However, increase in cost of mental health programs and substance abuse hinders the market growth. On the other hand, untapped potential in developing countries presents new opportunities in the coming years.  

Covid-19 Scenario:

  • During the Covid-19 pandemic, there were disruptions in gaining proper treatment for mental health disorders due to lockdown and close down of clinics. Only emergency mental health services were made available and non-emergency services were delayed.
  • Owing to lockdown and social distancing measures implemented in many countries, inpatient treatments have been postponed. Moreover, some countries have been investing in innovative digital and telecommunication technologies to contact and avail consultation from mental health professionals. Thus, it is expected to create a positive impact.

The report offers detailed segmentation of the global mental health market based on disorder, services, age group, and region.

Based on disorder, the depression segment accounted for the highest market share in 2020, contributing to nearly two-fifths of the total share, and is expected to continue its leadership status during the forecast period. However, the eating disorders segment is expected to manifest the highest CAGR of 5.2% from 2021 to 2030.

Based on services, the inpatient hospital treatment services segment held the highest share in 2020, accounting for more than two-fifths of the global mental health market, and is expected to maintain its lead position during the forecast period. However, the emergency mental health services segment is projected to grow at the highest CAGR of 4.8% from 2021 to 2030.

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Based on region, North America contributed to the highest share in 2020, accounting for nearly three-fifths of the total market share, and is estimated to continue its dominant share in terms of revenue by 2030. However, Asia-Pacific is expected to portray the fastest CAGR of 4.4% during the forecast period.

Leading players of the global mental health market analyzed in the research include Acadia Healthcare,

Universal Health Services, Inc.,

The MENTOR Network,

CareTech Holdings PLC,

Behavioral Health Network, Inc.,

Ascension Seton,

Strategic Behavioral Health,

Pyramid Healthcare,

North Range Behavioral Health,

and Promises Behavioral Health.

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Featured

Why Medical Oxygen Gas Cylinders Are Today’s Biggest Trend ?

Medical oxygen gas cylinders consist of high pressurized oxygen used for various medical purposes. In addition, to cater to the varying requirements of end users, medical oxygen gas cylinders are available in various formats and sizes. Continuous demand for essential gases in hospital propels significant increase in sales of medical oxygen gas cylinders. 

The global medical oxygen gas cylinders market was valued at $2.97 billion in 2020, and is estimated to reach $5.33 billion by 2030, growing at a CAGR of 5.70% from 2021 to 2030.

  • CAGR: 5.7%
  • Current Market Size: USD 2.97 Billion
  • Forecast Growing Region: APAC
  • Largest Market: North America
  • Projection Time: 2021– 2030
  • Base Year: 2021

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Covid-19 scenario:

  • The Covid-19 pandemic positively affected the demand for medical oxygen gas cylinders due to increase in number of cases for intensive care. Moreover, increase in prevalence of Covid-19 cases and chronic diseases have supplemented the market growth.
  • The government offered special attention to the import activities and local manufacturers of medical oxygen gas to ensure uninterrupted supply to designated Covid-19 hospitals. Moreover, in hospitals, oxygen gas treatment is required for patients for therapy of chronic health issues to improve energy levels, rest, and enhance the quality of life of patients.
  • The demand for oxygen gas cylinders from medical clinics and home care settings increased during the pandemic.

The report segments the global medical oxygen gas cylinders market on the basis of technology, product, end user, and region.

Based on technology, the pulse flow segment is projected to register the highest CAGR of 6.0% during the forecast period. However, the continuous flow segment held the largest share in 2020, accounting for nearly three-fourths of the market.

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On the basis of product, the portable segment is estimated to portray the highest CAGR of 6.1% from 2021 to 2030. However, the fixed segment dominated the market in 2019, contributing to more than two-thirds of the market.

The global medical oxygen gas cylinders market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the largest share in 2019, accounting for around two-fifths of the market. However, the market across Asia-Pacific is estimated to register the highest CAGR of 7.6% during the forecast period.

The global medical oxygen gas cylinders market includes an in-depth analysis of the prime market players such as Koninklijke Philips N.V., Nidek Medical Products, Inc., Invacare Corporation, Messe Düsseldorf GmbH, Inogen, Inc., DeVilbiss Healthcare LLC, ResMed, Messer Group GmbH, Airgas Inc., and OrientMEd International.

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Rise in adoption of technologically advanced Specialty Medical Chairs Market Size is Poised to Expand at a CAGR of 6.8% by 2031 to Reach USD 7.9 Billion

Specialized medical chairs can be used for exams, treatments or rehabilitation. These are designed to allow doctor’s access to their patients while meeting the comfort and medical needs of the patient. These devices can be powered manually or through the use of batteries.

Exam chairs, such as those used for childbirth, cardiac procedures, blood draws, dialysis, mammograms, and other procedures, are some examples of frequently used specialized medical chairs. Therapy chair and rehabilitation chair are other types of chairs. Geriatric, pediatric, bariatric, bath, and other chairs are examples of rehabilitation chairs. They will also help with the collection of blood samples, which will aid in the diagnosis of various diseases. For example, a delivery chair helps women maintain a physically upright position during delivery.

The global specialty medical chairs industry generated $4.1 billion in 2021, and is estimated to reach $7.9 billion by 2031, manifesting a CAGR of 6.8% from 2022 to 2031.

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  • CAGR: 6.8%
  • Current Market Size: USD 4.1 Billion
  • Forecast Growing Region: APAC
  • Largest Market: North America
  • Projection Time: 2021 – 2031
  • Base Year: 2021

Prime determinants of growth

Increase in the prevalence of chronic diseases, rise in investments in R&D by pharmaceutical companies, and surge in surgical procedures for ophthalmic, dental and ENT disorders drive the growth of the global specialty medical chairs market. However, high cost of specialty medical chairs hinders the market growth. On the other hand, rise in incidence of gynecologic diseases in women and increase in demand for gynecologic examination chairs to examine pregnant women along with rise in demand in emerging economies present new opportunities in the coming years.

Covid-19 Scenario

  • The Covid-19 pandemic made a negative impact on the revenue of the specialty medical chairs market. This is due to decline in the number of visits to hospitals and clinics for ophthalmic, dental, and ENT purposes to prevent cross-contamination. This, in turn, reduced the demand for these chairs.
  • For instance, Dentsply Sirona highlighted that the net sales lowered by 7.6% for the first quarter of 2020, owing to low patient volumes and postponement of non-urgent procedures. In terms of revenue, the downfall was observed by several companies in the market. However, the demand is expected to recover post-pandemic.
  • Manufacturing activities were hindered due to lockdown restrictions and shortage of raw materials. However, the supply chain is expected to recover post-pandemic and manufacturing will continue with full capacity.

The treatment chair segment to maintain its lead position during the forecast period

Based on product, the treatment chair segment accounted for the highest market share in 2021, contributing to more than two-fifths of the global specialty medical chairs market, and is projected to maintain its lead position during the forecast period. Moreover, this segment is projected to manifest the largest CAGR of 7.3% from 2022 to 2031. This is due to rise in the prevalence of ophthalmic disorders and surge in the number of visits to dental clinics. The research also analyzes the segments including examination chair and rehabilitation chair.

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The electric chairs segment to continue its dominant share throughout the forecast period

Based on type, the electric chairs segment contributed to the highest market share in 2021, accounting for nearly three-fifths of the global specialty medical chairs market, and is projected to continue its dominant share throughout the forecast period. Moreover, this segment is estimated to manifest the highest CAGR of 7.2% from 2022 to 2031. This is attributed to rise in demand for high-quality electronic chair and increase in awareness related to the usage of electronic wheelchair and electromechanical systems that have safety precaution settings such as actuators that lock the chair in place in the event of sudden power loss to prevent accidents. The report also analyzes the manual chairs segment.

The hospitals segment to continue its highest contribution throughout the forecast period

According to End User, the hospital segment accounted for the largest market share in 2021, with nearly half of the global medical specialty chairs market, and is estimated to continue its largest contribution during the forecast period. Additionally, this segment is projected to experience the fastest CAGR of 7.6% from 2022 to 2031. This is due to the growing number of hospitals increasing the demand for specialized medical chairs such as delivery chairs, dialysis chairs and rehabilitation chairs that serve specific purposes based on their application. The research also examines segments that include clinics and others.

North America to maintain its leadership status throughout the forecast period

On a regional basis, North America held the largest market share in 2021, accounting for approximately two-fifths of the global specialty medical chair market, and will maintain its leading status throughout the forecast period. This is attributed to the high adoption of technologically advanced specialist medical chairs, the increase in the number of private clinics and hospitals as healthcare spending increases, and the presence of key players in the market. However, Asia-Pacific is projected to grow at a maximum CAGR of 7.8% between 2022 and 2031, due to improved medical infrastructure which has increased the demand for specialist medical chairs in countries like India.

Leading Market Players

  • A-Dec, Inc.
  • Craftsmen Contour Equipment Inc.
  • Danaher Corporation
  • Dentalez, Inc.
  • Dentsply Sirona
  • Diplomat Dental
  • Henry Schein
  • Midmark Corporation
  • Planmeca OY
  • XO Care A/S
Featured

Bovine Mastitis Market : Revenue Growth is Making Marketplace Explosive

Mastitis in cows is one of the most prevalent illnesses affecting the dairy food industry. Bovine mastitis is an inflammation of the mammary gland in cattle due to injury or illness that results in abnormal and reduced milk output.

The global bovine mastitis market generated $0.54 billion in 2021, and is estimated to reach $1.01 billion by 2031, witnessing a CAGR of 6.3% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.

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  • CAGR: 6.3%
  • Current Market Size: USD 1.01 Billion
  • Forecast Growing Region: APAC
  • Largest Market: North America
  • Projection Time: 2021 – 2031
  • Base Year: 2021

Covid-19 Scenario:

  • The COVID-19 outbreak had a negative impact on the growth of the bovine mastitis market, owing to the implementation of lockdown in many countries which affected the supply chain for farms and dairy industry.
  • The entire healthcare industry focused on life saving and COVID-19 related products which restricted the treatment for bovine mastitis.
  • However, the healthcare sector has been restructured to provide safer healthcare facilities. Hence, the market is likely to grow in the post pandemic period.

Based on product, the antibiotics segment held the largest share in 2021, contributing to nearly two-thirds of the global bovine mastitis market, and is likely to maintain its leadership status during the forecast period. However, the others segment is expected to manifest the highest CAGR of 7.0% from 2022 to 2031.

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Based on route of administration, the systemic segment had the largest share in 2021, accounting for nearly three-quarters of the global bovine mastitis market, and will dominate until 2031. However, the inframammary segment is estimated to witness the fastest CAGR of the 6.9% during the forecast period. According to the app, the in situ treatment segment had the largest share in 2021, accounting for nearly three-quarters of the global bovine mastitis market, and will dominate through 2031. The same segment is estimated to witness the fastest CAGR of 6.4% during the forecast period.

Based on region, the Asia-Pacific market was the largest in 2021, accounting for nearly half of the global bovine mastitis market, and is likely to maintain its lead over the forecast period. However, the LAMEA region is projected to experience the highest CAGR of 6.6% between 2022 and 2031. The other regions analyzed in the study include Europe and North America.

Leading players of the global bovine mastitis market analyzed in the research include Armenta Ltd.,

Boehringer Ingelheim Gmbh,

Ecolab Inc.,

Forte Healthcare Ltd.,

Huvepharma nv,

Merck KGaA, Mileutis Ltd,

Neogen Corporation,

Thermo Fisher Scientific Inc, and Zoetis Inc.

Featured

Niacinamide Market – Huge business opportunities in this highly growing field

Niacinamide is the form of vitamin B3, which has a large number of applications in pharmaceutical, nutraceutical and cosmeceutical products. Vitamin B3 deficiency can be avoided by taking niacinamide in various dosage forms, including powders, liquids, injections, tablets, and capsules. According to the National Center for Biotechnology Information (NCBI), individual skin conditions ranged from 0.38% for dermatitis (atopic, contact, and seborrhea dermatitis), 0.29% for acne vulgaris, 0, 19% for psoriasis, 0.15% for fungal skin diseases, 0.06% for malignant melanoma of the skin, and 0.03% for keratinocyte carcinoma and the remaining percentage for other diseases.

The growing number of these skin conditions has given rise to various treatment options, including niacinamide products which are used to treat many of the above conditions, leading to an increase in sales of niacinamide products. Since vitamin B3 supports the immune system by reducing inflammation and damage to the lungs, there has been a high demand for immunity-boosting products during the COVID-19 pandemic. Furthermore, the growing niacinamide market trends are attributed to the growing demand for nutritionally enriched processed products and the prevalence of vitamin B3 deficiencies.

The global niacinamide market was estimated at $546.08 million in 2021 and is expected to hit $832.4 million by 2031, registering a CAGR of 4.3% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

  • CAGR: 4.3%
  • Current Market Size: USD 832.4 Million
  • Forecast Growing Region: APAC
  • Largest Market: North America
  • Projection Time: 2021 – 2031
  • Base Year: 2021

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Impact of Covid-19 on Niacinamide Market-

  • The outbreak of the pandemic has changed nutrition pattern along with health-related behaviors of individuals across the world.
  • People have now started adopting healthy nutritional supplements to boost their immunity, which has had a sheer positive impact on the global niacinamide market.

The global Niacinamide market is analyzed on the basis of type, application, distribution channel, and region. The report performs a comprehensive analysis of segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can take advantage of breaking it down and devising gimmicks based on the fastest growing and highest revenue generating segments in the report.

By type, the liquid segment contributed nearly half of the revenue of the global Niacinamide market in 2021 and is expected to dominate by 2031. The same segment would also show the fastest CAGR of 5.0% over the entire forecast period.

According to the app, the cosmeceutical segment earned nearly three-fifths of the total market revenue in 2021 and is expected to dominate by 2031. The same segment would also project the fastest CAGR of 4.8% for the full forecast period.

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Based on distribution channel, the drug stores and retail pharmacies segment contributed to more than half of the global dicing tapes market revenue in 2021, and is expected to dominate by 2031. The online pharmacies segment, however, would showcase the fastest CAGR of 5.7% throughout the forecast period.

Based on region, the global niacinamide market across North America generated nearly two-fifths of the total market revenue in 2021, and is anticipated to retain the lion’s share by 2031. The Asia-Pacific region, on the other hand, would manifest the fastest CAGR of 6.1% during the forecast period. The other provinces analyzed in the report include LAMEA and Europe.

The key market players analyzed in the global niacinamide market report include

Evonik Industries AG,

Fagron Inc,

Glossier,

Jubilant Life Sciences Limited,

Koninklijke DSM N.V,

Brother Enterprises Holding Co., Ltd,

Vertellus, Lasons India Pvt Ltd,

Lonza Group,

Merck KGAA,

Foodchem International Corporation,

and Veer Chemie. 

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Featured

Digestive Health Market : Revenue Growth is Making Marketplace Explosive

Digestive health products aim to strengthen the human immune system, improving the activities of the digestive system. The presence of various enzymes in digestive health products, such as lipase, amylase, and lactase, help maintain stomach acid levels and improve nutritional digestion. Furthermore, the products and supplements made by the major players in the market are also responsible for maintaining the health of the digestive system.

Furthermore, in Western democracies, probiotics, which are essential for maintaining a healthy gut microbiota, are becoming increasingly popular among consumers who take a holistic approach to healthy living. Therefore, it is anticipated that during the forecast period, the demand for digestive health products will increase as consumer awareness of gut health increases. Additionally, the United States is expected to continue to see a sharp increase in the demand for digestive health, due to unhealthy dietary practices and high consumption of processed, high-sodium, and ready-to-eat foods, the prevalence of obesity, digestive disorders and lifestyle diseases.

The global digestive health market accounted for $38.8 billion in 2021, and is expected to reach $90.2 billion by 2031, growing at a CAGR of 8.8% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.

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Covid-19 Scenario:

  • The Covid-19 pandemic changed the nutrition patterns and other health-related behaviors of the population.
  • In addition, the market witnessed slow growth during the pandemic due to the impact of the pandemic on the logistics and supply chain.

The global digestive health market is segmented on the basis of type, form, distribution channel, and region.

Based on type, the digestive enzymes segment is expected to account for the highest CAGR of 9.5% during the forecast period. However, the probiotics segment took the lion’s share in 2021, accounting for more than 90% of the market, and is expected to maintain its leading position throughout the forecast period. Based on shape, the capsule segment is estimated to experience the highest CAGR of 9.5% during the forecast period. Furthermore, the segment dominated in 2021, contributing about 90% of the market, and is estimated to maintain its dominance by 2031. Based on the distribution channel, the online merchant segment is expected to exhibit the highest CAGR of 10.9% during the forecast period. However, the drugstore and retail pharmacy segment held the largest share in 2021, accounting for nearly three-fifths of the market.

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The global digestive health market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific is estimated to register the highest CAGR of 10.7% during the forecast period. However, the market across North America held the largest share in 2021, contributing to more than two-fifths of the market, and is projected to maintain its leadership position from 2022 to 2031.

The global digestive health market report includes an in-depth analysis of the major market players such as

Bayer AG,

GalaxoSmithKline PLC,

Pfizer Inc.,

Sanofi,

Nestle SA,

Herbalife Nutrition Ltd.,

BASF SE,

NOW Health Group Inc.,

Amway Corporation, and the Bountiful Company (Nature’s Bounty)

The report analyzes these key players in the global digestive health market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments of every market player.  

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Featured

Attractive Opportunities in Video Laryngoscope Market

Video laryngoscopy is a procedure used to examine the vocal cords, throat and other anatomical aspects of the larynx. Strobe light is used during laryngoscopy to give the doctor a clearer image and information about the larynx. The removal of the tissue usually occurs after the anesthetic is administered. The larynx, upper tracheal rings, and vocal cords can be viewed during an indirect laryngoscopy.

The global video laryngoscope market generated $123.9 million in 2021 and is projected to reach $204.6 million by 2031, with a CAGR of 5.1% from 2022 to 2031. The report offers a detailed analysis of key strategy winners, evolving market trends, market size and estimations, value chain, key investment pockets, drivers and opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, pioneers and shareholders in presenting the necessary strategies for the future and in taking essential steps to significantly strengthen and improve their position in the market. 

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  • CAGR: 5.1%
  • Current Market Size: USD 204.6 Million
  • Forecast Growing Region: APAC
  • Largest Market: North America
  • Projection Time: 2021 – 2031
  • Base Year: 2021

COVID-19 Scenario:

  • The COVID-19 outbreak has negatively impacted the growth of the global video laryngoscope market.
  • During the pandemic, the technique for visualizing the endotracheal line has become extremely popular with healthcare professionals due to improved visualizations that have helped enable intubation and avoid direct contact between patient and healthcare professional. • Most emergency rooms and intensive care units were set up to help patients with respiratory distress and reduce the risk of cross-infection. Therefore, significant importance has been attached to respiratory problems and diseases during the pandemic. • The market is also expected to grow exponentially in the coming years as respiratory diseases among people around the world increase.

The report offers detailed segmentation of the global video laryngoscope market based on type, usability, end-user, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on fastest growing segments and highest revenue generation that is mentioned in the report.

Based on type, the rigid segment held the dominating market share in 2021, holding more than three-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The flexible segment, on the other hand, is expected to cite the fastest CAGR of 5.4% during the forecast period.

Based on usability, the reusable segment maintained its dominant market share in 2021, with nearly three-fifths of the global market, and is expected to maintain its leading status during the forecast period. The disposable segment, on the other hand, is expected to quote the fastest CAGR of 5.4% during the forecast period. According to the end user, the hospital segment held the largest market share in 2021, with nearly three-quarters of the global market, and is expected to maintain its leading status during the forecast period. The clinics segment, on the other hand, is expected to trade the fastest CAGR of 6.2% over the forecast period.

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Based on region, the market across North America held the dominating market share in 2021, holding more than two-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The Asia-Pacific region, on the other hand, is expected to cite the fastest CAGR of 5.9% during the forecast period.

The key players analyzed in the global video laryngoscope market report include

Advin Health Care,

Ambu A/S,

Flexicare Medical Limited,

VIMED MEDICAL,

Infinium Medical, Inc.,

Intersurgical Ltd, Karl Storz Se & Co. KG,

Medtronic,

Nihon Kohden Corporation,

Olympus Corporation,

Prodol Meditec,

Roper Technologies, Inc (Verathon Inc.),

Sunmed, LLC,

SourceMark, LLC,

Shenzhen HugeMed Medical Technology Development Co., Ltd,

VDO Medical (Shanghai) Co., Ltd (VDO),

and Vyaire Medical, Inc.

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Featured

Attractive Opportunities in Endoscopic Ultrasound (EUS) Market

Endoscopic ultrasound (EUS) is a minimally invasive technique used to diagnose diseases of the gastrointestinal system and other surrounding organs and tissues. Endoscopic ultrasound combines the use of a thin, flexible tube (endoscope) that is inserted into the gastrointestinal tract and a device that uses sound waves to create images (ultrasound). Surrounding organs and tissue, including the lungs, pancreas, gallbladder, liver, and lymph nodes, are also clearly visible on the high-resolution images created by the high-frequency sound waves.

The global Endoscopic Ultrasound (EUS) Market size generated $1.2 billion in 2021, and is expected to reach $2.2 billion by 2031, witnessing a CAGR of 6.1% from 2022 to 2031. The report offers an in-depth analysis of changing market trends, top segments, value chain, and competitive landscape. This report provides detailed information to assist market players, stakeholders, investors, and startups in devising strategies for gaining sustainable growth and availing competitive advantage in the market.

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Covid-19 Scenario:

  • The Covid-19 pandemic has had a negative impact on the growth of the Endoscopic Ultrasound (EUS) market, due to the delay in non-urgent procedures with an increased focus on the treatment of patients suffering from Covid-19 infection. Many treatments that did not require urgent care have been postponed to treat patients infected with Covid.
  • The COVID-19 pandemic has presented challenges for the pharmaceutical industry as there have been disruptions in research and development activities, including endoscopic ultrasound (EUS). This, in turn, has impacted the overall market revenue. • However, the demand for endoscopic ultrasound is expected to increase after the pandemic as regular visits to hospitals and clinics begin with the start of vaccinations and the possibility of cross-contamination is also reduced.
  • • R&D activities have been impacted during the pandemic due to disruptions in the operations of research and healthcare institutions. The pace of development of technologically advanced devices has slowed down. However, it will gain traction after the pandemic.

The research provides detailed segmentation of the global endoscopic ultrasound (EUS) market based on product, application, end user, and region. The report offers a detailed analysis of segments and sub-segments to determine the highest revenue-generating and highest-growing segments for market players and investors. Market size and forecasts are provided for segments and their sub-segments in the report to outline the steps taken for achieving the sustainable growth.

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Based on product, the endoscopes segment accounted for the highest share in 2021, contributing to more than one-fourth of the total share, and is estimated to maintain its leadership status during the forecast period. However, the needles segment is expected to manifest the highest CAGR of 6.8% from 2022 to 2031. The report also analyzes the segments including ultrasound probes, ultrasonic processors, imaging system, and accessories.

Based on application, the pancreatic conditions segment held the highest share in 2021, accounting for nearly more than half of the global endoscopic ultrasound (EUS) market, and is estimated to maintain its lead position during the forecast period. However, the oncology segment is expected to manifest the highest CAGR of 6.8% from 2022 to 2031.

Based on end user, the hospitals segment contributed to the highest share in 2021, holding nearly three-fifths of the total market share, and is expected to maintain its dominance in terms of revenue by 2031. However, the ambulatory surgery centers and clinics segment is projected to register the highest CAGR of 6.3% during the forecast period.

Based on region, North America held the highest share in 2021, contributing to more than one-third of the global endoscopic ultrasound market, and is expected to continue its dominance by 2031. However, Asia-Pacific is projected to grow at the fastest CAGR of 7.1% during the forecast period. The research also analyzes regions including Europe and LAMEA.

The research provides detailed analysis of leading players of the global endoscopic ultrasound (EUS) market.

Key players analyzed in the research include-

Boston Scientific Corporation,

Cook Medical,

CONMED Corporation,

Medtronic, Inc.,

Limaca Medical,

Pentax Medical,

Olympus Medical,

Sonoscape Medical Corp.,

Smith & Nephew plc, and Stryker Corporation.

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Featured

 Boston Scientific Corporation, Cook Medical, and Angiodynamics are key Players in Transjugular Intrahepatic Portosystemic Shunt (TIPS) Market

Transjugular intrahepatic portosystemic shunt (TIPS) is a shunt (tube) that sits between the portal vein, which carries blood from the intestine/spleen to the liver, and the hepatic vein, which carries blood from the liver to the vena cava, and the heart. TIPS are mostly done in patients with cirrhosis where scar tissue in the liver causes a partial blockage of blood flow from the portal vein through the liver to the hepatic vein.

The blockage in the liver increases the pressure in the portal vein, which is called portal hypertension. As a result of the increased pressure, portal blood flow bypasses the liver and is shunted into smaller veins that flow around the abdominal wall, stomach, and esophagus. Portal hypertension can also cause fluid from the liver to leak into the abdomen or right chest around the lung. The TIPS procedure is performed through a small incision on the right side of the neck through the internal jugular vein and the larger neck vein. Under radiographic guidance, a stent (metal tube/shunt) is placed from the hepatic vein to the portal vein.

According to the report, the global transjugular intrahepatic portosystemic shunt (TIPS) industry generated $93.4 million in 2021, and is estimated to reach $127.9 million by 2031, manifesting a CAGR of 3.2% from 2022 to 2031.

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  • CAGR: 3.2%
  • Current Market Size: USD 127.9 Million
  • Forecast Growing Region: APAC
  • Largest Market: North America
  • Projection Time: 2021 – 2031
  • Base Year: 2021

Prime determinants of growth

Increase in prevalence of liver disease such as portal hypertension,

Budd-Chirai Syndrome, hepatorenal syndrome, and others, rise in risk of organ

failure, and development of new TIPS devices by large number of key players

drive the growth of the global transjugular intrahepatic portosystemic shunt

market. Moreover, rise in incidence of portal vein thrombosis and other liver

diseases among geriatric population and surge in demand for TIPS surgery due

to shortage of organ donors supplement the market growth. Also, rise in number of product approvals creates new opportunities in the coming years.

Covid-19 Scenario

  * The Covid-19 epidemic has had a negative impact on global growth

 Transjugular intrahepatic portosystemic shunt (TIPS) market. Confinement

 government-imposed restrictions and cancellation or postponement

 of elective surgical procedures in hospitals has reduced the adoption of

 surgical aids for TIPS surgery. * Due to lockdown restrictions and supply chain disruptions, there have been hurdles in manufacturing various types of devices such as stents and Accessories. However, these hurdles should be overcome as well Surgeries are expected to continue after the pandemic.

The hospitals segment to maintain its leadership position throughout the

forecast period

Based on end user, the hospitals segment accounted for the largest market

share in 2021, contributing to around four-fifths of the global transjugular

intrahepatic portosystemic shunt market, and is estimated to maintain its

leadership position throughout the forecast period. This is due to rise in

number of hospital admissions and increase in demand for TIPS devices across

hospitals. However, the specialty clinics segment is expected to manifest the

largest CAGR of 3.9% from 2022 to 2031. This is due to surge in demand for

special treatment, increase in number of such facilities across developed and

emerging countries, and the presence of well-trained medical staff in

specialty clinics.

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The stents segment to continue its leadership in terms of revenue throughout the forecast period

By device type, the stent segment contributed the highest market

share in 2021, which accounts for nearly three-fifths of the global transjugular

intrahepatic portosystemic shunts market and will maintain its leadership in the

terms of revenue for the entire forecast period. Also, this segment is

It is estimated to register the largest CAGR of 3.5% during the forecast period. This is attributed to the strong portfolio of stents with major market players,

increased research and development activities in the medical device sector and increased demand for TIPS devices. The report also analyzes the accessories segment.

The portal hypertension segment to continue its leadership status throughout the forecast period

According to the application, the portal hypertension segment ranked as the top market share in 2021, which accounts for more than four-fifths of the global transjugular intrahepatic portosystemic shunts market and will maintain its leadership in the terms of revenue for the entire forecast period. Also, this segment is

It is estimated to witness the highest CAGR of 3.3% from 2022 to 2031. This is

attributed to the increase in the number of portal hypertension cases and the increase of request for transjugular intrahepatic portosystemic shunt (TIPS) between

The report also examines segments that include Budd Chiari

Syndrome and others.

North America to continue its dominant share throughout the forecast period

Based on region, North America held the largest market share in 2021,

accounting for more than two-fifths of the global transjugular intrahepatic

portosystemic shunt market, and is projected to continue its dominant share

throughout the forecast period. This is attributed to rise in number of liver

surgeries, the presence of key players, development of the healthcare sector,

and offering of innovative TIPS devices in the region. However, Asia-Pacific

is estimated to witness at the fastest CAGR of 5.0% from 2022 to 2031, owing

to rise in use for lifetime support, development of healthcare infrastructure,

and expanding presence of major market players across the region. The research

also analyzes regions including Europe and LAMEA.

Leading Market Players

  * Boston Scientific Corporation

  * Becton, Dickinson and Company

  * Angiodynamics, Inc.

  * Cook Medical, Inc.

  * Neuromedex GmbH

  * W.L Gore & Associates, Inc.

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Featured

Growing demand for high quality images boosts the transrectal ultrasound market growth

The transrectal ultrasound device, first developed in the 1970s, helps doctors obtain images of the prostate gland from the patient’s body to diagnose diseases and help surgeons guide the movement of the surgical instrument when performing surgeries. The biopsy is performed with transrectal ultrasound guidance. Transrectal ultrasound is a 10 to 15 minute procedure that uses sound waves to create a video image of the prostate gland.

A transducer is placed in the rectum which releases sound waves and creates echoes as they enter the prostate. Furthermore, these echoes are bounced off a computer system which translates the echo pattern into an image of the prostate. It provides real-time information and is a highly efficient clinical modality compared to other modalities. According to the report, the global transrectal ultrasound industry generated $207.5 million in 2021 and is estimated to reach $313.8 million by 2031, with a CAGR of 4.2% between 2022 and 2022. 2031. The report offers a detailed overview analysis of the changing market trends, major segments, key investment pools, value chain, regional landscape and competitive landscape.

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  • CAGR: 4.2%
  • Current Market Size: USD 313.8 Million
  • Forecast Growing Region: APAC
  • Largest Market: North America
  • Projection Time: 2021 – 2031
  • Base Year: 2021

Drivers and Opportunities

Increased prevalence of prostate cancer, increased adoption of imaging systems in healthcare, introduction to market of new and technologically advanced systems, high rates of diagnosis of benign prostatic hyperplasia, increased prevalence of urological disorders, and increased demand for transrectal. Ultrasound procedures in Europe are driving the growth of the global transrectal ultrasound market. However, the shortage of qualified and experienced sonographers, the high price of sophisticated ultrasound devices and the unfavorable reimbursement for the ultrasound procedure are hampering the growth of the market. On the other hand, the increasing prevalence of benign prostatic hyperplasia, the increase of healthcare facilities in developing countries and the increase of R&D activities to develop innovative and advanced systems by major players present new opportunities for the market in the coming years.

Covid-19 Scenario

  • The COVID-19 pandemic resulted in a significant decline in demand for transrectal ultrasound across the healthcare sector, as patients getting screening tests from hospitals were at risk of getting the infection.
  • The pandemic led to strict social distancing rules and visits to hospitals only for emergency needs, resulting in a reduced demand for transrectal ultrasound systems.
  • However, the market is expected to witness recovery in the forecast period and show stable growth for transrectal ultrasound in the coming future.

The system segment to rule the roost during the forecast period

Based on product, the system segment was the largest market in 2021, contributing to more than three-fifths of the global transrectal ultrasound market, and is expected to maintain its leadership status during the forecast period. Moreover, the same segment is projected to witness the fastest CAGR of 4.4% from 2022 to 2031. The growth of the segment is owed to the increase in adoption of transrectal ultrasound system for diagnosis of rectal abnormalities.

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The trolley or cart-based segment to maintain its dominance during the forecast period

Based on type, the cart or cart segment held the largest market share with nearly three-quarters of the global transrectal ultrasound market in 2021 and is expected to maintain its dominance over the forecast period, owing to more accurate diagnostic capabilities of these devices. However, the handheld or portable devices segment is projected to experience the highest CAGR of 4.9% between 2022 and 2031, due to the increased demand for portable ultrasound devices due to the evolving trend of remote monitoring of patients. Also, portable devices offer superior image quality.

The diagnostic laboratories segment to maintain its dominance during the forecast period

Based on end user, the diagnostic laboratories segment held the largest market share of more than half of the global transrectal ultrasound market in 2021, and is expected to maintain its dominance during the forecast period, owing to the increase in number of diagnostic laboratories and rise in number of patients undergoing diagnosis for prostate cancer in these laboratories. However, the hospitals segment is projected to witness the highest CAGR of 4.9% from 2022 to 2031, owing to the increase in adoption of ultrasound imaging systems in hospital facilities.

North America to maintain its dominance by 2031

Based on region, North America was the largest market in 2021, capturing around one-third of the global transrectal ultrasound market, and is expected to lead the trail during the forecast period, owing to the adoption of advanced transrectal ultrasound devices in all healthcare systems and strong presence of key players in this region. However, the Asia-Pacific market is projected to manifest the fastest CAGR of 4.9% during the forecast period, owing to the rapidly developing hospital infrastructure and rise in healthcare spending in countries such as Japan, China, and India.

Leading Market Players

  • Echo-Son SA
  • Esaote SpA
  • Exact Imaging
  • Fujifilm Holdings Corporation
  • General Electric Company(GE Healthcare)
  • KOELIS
  • Koninklijke Philips N.V.
  • Siemens Healthineers AG
  • Sonablate Corp
  • ThePrometheus Group

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Featured

Sterility Indicator Market – Huge business opportunities in this highly growing field

The process of sterilization involves eliminating all living things as well as other foreign or biological agents including bacteria, viruses, fungi, prions, spore forms, and other creatures in a particular area or site. Sterilization techniques include, the use of chemicals, heat, high pressure, radiation, filtration, and others. Sterilization techniques must be checked using biological, mechanical, and chemical sterility markers. Sterility indicators, such as biological, mechanical, and chemical sterility indicators, must be used to monitor sterilization processes.

Factors that drive the growth of the sterility indicators market size include, rise in the number of surgical procedures, rise in the number of product launch, and rise in adoption of different key strategies such as collaboration, acquisition, agreement, and others. In addition, the need for various sterilizing procedures in the biotechnology and pharmaceutical industries, and increase in number of sterility indicators industry is anticipated to be driven by R&D activities. To eradicate all microbial life and prevent contamination, pharmaceutical articles and packing equipment must be sterilized. Due to its efficiency, stem sterilization is gaining a lot of traction. Sterility indicators are used to show or describe how effectively a sterilization process is working, which boosts the sterility indicators market analysis.

In addition, rise in the number of surgical procedures, such as orthopedic surgery, cardiac surgery, and cancer surgeries fuels the need of sterilization procedures in hospitals to sterile surgical instruments and devices, which is further anticipated to fuel the demand for sterility indicators to check effectiveness of sterilization. Thus, driving the growth of the sterility indicators market trends. For instance, according to Canadian Joint Replacement Registry (CJRR), in Canada, the knee and hip replacement surgery is the second most common surgery as per the report shared by Canadian Joint Replacement Registry (CJRR). Approximately more than 75,000 knee replacement and 63,000 hip replacement surgeries were performed in the Canada from 2019 to 2020. This report also states 2.4% increase in the hip replacement surgery from 2019 to 2020. In addition, it is well known that infections picked up in hospitals can make previously hospitalized patients worse off. The use of hospital sterile processing has increased globally. Thus, increased sterilization procedures are anticipated to have a favorable effect on market expansion.

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The global Sterility Indicators Market was estimated at $879.3 million in 2021 and is expected to hit $2.59 billion by 2031, registering a CAGR of 11.5% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market. The report is exclusively meant to help the readers with a comprehensive valuation of industry analysis and trends.

Report coverage & details: Covid-19 scenario-

  • Rise in the number of R&D activities increased the number of sterilization procedures in biotechnology and pharmaceutical companies, which impacted the global sterility indicators market positively.
  • Increase in production of drugs boosted the market growth even more.

The global sterility indicators market is analyzed across type, sterilization process, end-user, and region. The report takes in an exhaustive analysis of segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.

Based on type, the chemical indicators segment accounted for more than three-fifths of the total market revenue in 2021, and is expected to dominate by 2031. The biological indicators segment, simultaneously, would cite the fastest CAGR of 11.8% throughout the forecast period.

Based on sterilization process, the steam segment garnered around two-fifths of the total market revenue in 2021, and is expected to dominate by 2031. The same segment would also project the fastest CAGR of 12.1% throughout the forecast period.

Based on end user, the pharmaceutical companies and medical device companies segment garnered more than three-fifths of the total market revenue in 2021, and is expected to dominate by 2031. The hospitals segment, nonetheless, would project the fastest CAGR of 12.0% throughout the forecast period.

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Based on region, the market across North America generated nearly two-fifths of the total market revenue in 2021, and is anticipated to retain the lion’s share by 2031. The Asia-Pacific region, however, would showcase the fastest CAGR of 12.3% during the forecast period. The other regions studied in the report include LAMEA and Europe.

The key market players analyzed in the global sterility indicators market report include Fortive Corporation,

Matachana Group,

Cardinal,

Crosstex International Inc.,

3M Company,

Getinge AB,

STERIS plc.,

gke-GmbH,

MMM Group,

Hu-Friedy Mfg. Co., LLC,

Mesa Labs, Inc.,

Anderson Products, Inc.,

Nelson Laboratories, LLC,

NOXILIZER INC,

and Propper Manufacturing Co., Inc..

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Featured

Medical Device Affairs Outsourcing Market Emerging Analysis, Future Growth and Business Opportunities 2031

Many pharmaceutical companies face cost pressures and workforce turnover. Recent trends show that it is much more difficult to obtain new marketing authorization approvals, maintain regulatory compliance and ensure competitive personnel operating costs. Therefore, key decision makers of companies consider obtaining external regulatory affairs services from regulatory affairs service providers. The medical affairs activities most often outsourced to the Regulatory Services group are clinical and non-clinical overviews and summaries, clinical overview addendum, expert reports, scientific publications, preparation of clinical trial protocols, investigator brochures, PSURs, clinical trials (CRS). Some of the reasons to consider outsourcing regulatory affairs services include reducing the excessive workload in the regulatory affairs department of pharmaceutical companies and cost-effectiveness of the services.

Medical outsourcing services assist original equipment manufacturing (OEM) companies with scalable and flexible solutions that help them utilize healthcare workforce resources, asset components, and strategic management. The growth in the number of ongoing clinical trials is mainly related to the increase in cases of many communicable and non-communicable diseases, which is driving the demand for the development of medical devices or new drugs, which in turn increases the need for medical issues. outsourced services. Key end users such as medtech companies, those with established QA/regulatory departments, often seek assistance in supplementing their in-house expertise, enabling them to overcome staffing shortages, adjust to parental leave, provide training, or obtain independent staff assistance. reviewer assistance.

Global Medical Device Affairs Outsourcing Market Size Was Valued at USD 4.6 billion in 2021 and is Projected to Garner USD 8.1 billion by 2031, with a registered CAGR of 6% from 2022 to 2031.

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Medical Device Affairs Outsourcing Companies:
• Charles River
• Inizio
• IQVIA Holdings Inc.
• Parexel International Corporation
• SGS SA
• Syneos Health, Inc.
• Thermo Fisher Scientific, Inc.
• Wuxi AppTec
• Excelya
• Icon plc
• Indegene Private Limited

Each segment of the global medical device affairs outsourcing market is extensively evaluated in the research study. The segmental analysis offered in the report pinpoints key opportunities available in the global medical device affairs outsourcing market through leading segments.

The regional study of the global medical device affairs outsourcing market included in the report helps readers to gain a sound understanding of the development of different geographical markets in recent years and also going forth. We have provided a detailed study on the critical dynamics of the global medical device affairs outsourcing market, which include the market influence and market effect factors, drivers, challenges, restraints, trends, and prospects. The research study also includes other types of analysis such as qualitative and quantitative.

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Global Medical Device Affairs Outsourcing Market Size Segmentation: –

By service
• regulatory writing & submissions
• regulatory registration services,
• regulatory consulting
• others

By software
• cloud-based software
• on-premise software

By end user
• Pharmaceutical companies
• medical technology companies
• others

By Region Outlook
North America
⦁ U.S.
⦁ Canada
⦁ Mexico


Europe
⦁ UK
⦁ Germany
⦁ France
⦁ Italy
⦁ Russia
⦁ Rest of Europe
Asia-Pacific
⦁ China
⦁ Japan
⦁ India
⦁ Australia
⦁ Rest of Asia-Pacific


LAMEA
⦁ Brazil
⦁ UAE
⦁ Turkey
⦁ Saudi Arabia
⦁ Rest of LAMEA


Our Market Research Solution Provides You Answer to Below Mentioned Question:
• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in the coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How will each segment grow over the forecast period and how much revenue will these segments account for in 2031?
• How big is the global & regional market in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
• Which region has more opportunities?

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Featured

Chronic Hepatitis B (CHB) Market with Covid-19 Pandemic Analysis, Growth Rate, New Trend Analysis Forecast To 2031

Hepatitis B is a viral infection that causes inflammation and damage to the liver. Inflammation is the swelling that occurs when body tissues become injured or infected. Inflammation can damage organs. Chronic hepatitis B is a long-lasting infection. According to the National Institutes of Health (NIH), about 90 percent of children infected with hepatitis B develop a chronic infection. About 25-50% of infected children between the ages of 1 and 5 develop chronic infections. However, only about 5% of people first infected in adulthood develop chronic hepatitis B.

Increasing prevalence of hepatitis B and improved healthcare infrastructure are driving the growth in the size of the chronic hepatitis B market. For example, in April 2022, nearly 1 million people worldwide died of hepatitis B or hepatitis C each year, according to Bristol Myers & Squibb. Additionally, the increased awareness of hepatitis infection and advances in hepatitis treatment are driving the expansion of the chronic hepatitis B industry. 

The global Chronic Hepatitis B (CHB) Market size was estimated at $4.6 billion in 2021 and is expected to hit $6.1 billion by 2031, registering a CAGR of 3.0% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

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Covid-19 scenario-

  • The outbreak of the pandemic had a negative impact on the global Chronic Hepatitis B (CHB) market. The outbreak of the pandemic in the majority of countries affected the supply chain and decreased blood donations across the world.
  • However, later on, several government initiatives to provide safer healthcare facilities and rise in blood donation rate for the treatment of Covid-19 with blood plasma helped the market recoup soon.

The global Chronic Hepatitis B (CHB) market is analyzed across Drug Class, Gender, Distribution Channel, and Region. The report takes in an exhaustive analysis of segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.

Based on drug class, the antivirals segment contributed to 87% of the total market revenue in 2021, and is expected to dominate by 2031. The immune modulators segment, however, would manifest the fastest CAGR of 4.2% throughout the forecast period.

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By gender, the men’s segment accounted for more than half of the total market revenue in 2021 and is expected to dominate by 2031. The same segment would also cite the fastest CAGR of 3.2% over the entire forecast period. Based on the distribution channel, the drugstore and retail pharmacy segment accounted for nearly three-fifths of the total market revenue in 2021 and is expected to dominate by 2031. The Asia-Pacific region, at the same time, would show the higher CAGR. by 4.7% over the entire forecast period. Depending on the region, the North America market generated nearly two-fifths of the global market revenue in 2021 and is projected to retain the majority by 2031. The Asia-Pacific region would simultaneously record the fastest CAGR in the world. period. The other provinces analyzed in the report include Europe and LAMEA.

The key market players analyzed in the global Chronic Hepatitis B (CHB) market report include Dr. Reddy’s Laboratories,

Biocon Inc,

Zydus

Cadila,

Gilead Sciences, Inc.,

Novartis AG,

Reliance Life Sciences,

Sun Pharmaceutical Industries Limited,

Teva pharmaceuticals,

Cipla Limited, and Viatris Inc. 

Featured

Lung Cancer Screening Market Revenue Growth is Making Marketplace Explosive

The United States Preventive Services (USPSTF) recommends annual screening for lung cancer, using low-dose computed tomography (LDCT), in adults aged 50 to 80 who have a history of or current smoking. Lung cancer occurs in people who use tobacco, are exposed to asbestos, and because of a family history of lung cancer. Lung cancer usually starts in parts of the lung, such as the alveoli or bronchioles. Small cell lung cancer and non-small cell lung cancer are the two main types of lung cancer. In small cell lung cancer, the malignant cells are small and round when viewed under a microscope. However, in non-small cell lung cancer, the malignant cells are larger under a microscope. Therefore, early detection of lung cancer can reduce the risks associated with the spread of the cancer.

The global lung cancer screening market garnered $879.6 million in 2021, and is estimated to generate $1.8 billion by 2031, manifesting a CAGR of 7.7% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.

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 Covid-19 Scenario:

  • The outbreak of the COVID-19 pandemic had a negative impact on the growth of the global lung cancer screening market, as the pandemic led to implementation of the global lockdown and strict following of the social distancing rules, thereby resulting in a significant decrease in demand for the lung cancer screening devices.
  • The main cause of the interruption experienced by patients getting screening tests done from the hospitals.
  • In addition, significant disruption in lung cancer screening led to decrease in new patients screened, thus reducing the demand for lung cancer screening solution and devices in 2020.
  • However, the market is likely to recover soon in the post-pandemic.

The research provides detailed segmentation of the global lung cancer screening market based on type, age group, end user, and region. The report analyzes the segments and their sub-segments in detail with the help of tables and figures. Market players and investors can design strategies based on the highest revenue generating and fastest growing segments mentioned in the report.

By type, the low-dose computed tomography (LDCT) segment had the highest share in 2021, accounting for nearly three-quarters of the global lung cancer screening market, and is expected to maintain its leadership throughout the year. reference period. Furthermore, the same segment is expected to experience the highest CAGR of 8.0% between 2022 and 2031. The report also looks at the X-ray segment. By age group, the 50+ segment accounted for the largest share in 2021, contributing nearly three-quarters of the global lung cancer screening market and is expected to maintain its revenue leadership for the forecast period . Furthermore, the same segment is expected to exhibit the highest CAGR of 7.9% from 2022 to 2031. The report also analyzes segments below 50.

Based on end user, the diagnostic centers segment accounted for the highest share in 2021, holding more than half of the global lung cancer screening market, and is expected to continue its leadership status during the forecast period.  The report also discusses segments including hospitals and others.

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Based on region, North America held the largest share in 2021, contributing to nearly half of the global lung cancer screening market share, and is projected to maintain its dominant share in terms of revenue in 2031. In addition, the Asia-Pacific region is expected to manifest the fastest CAGR of 9.4% during the forecast period. The research also analyzes regions including Europe and LAMEA.

Leading market players of the global lung cancer screening market analyzed in the research include Canon Medical Systems Corporation, Eon Health, FUJIFILM Holdings Corporation, General Electric incorporated (GE Healthcare), Koninklijke Philips N.V., Medtronic plc, Nuance Communications, Inc., Penrad Technologies Inc, Siemens AG (Siemens Healthineers AG), Volpara Solutions Limited

The report provides a detailed analysis of these key players of the global lung cancer screening market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

Featured

Explore Dentures Market Share , Insights, & Forecast 2031

Custom-made dentures can be used to replace missing teeth and improve oral health & appearance. A dental prosthesis is an artificial tooth replacement for one or more teeth known as partial dentures and replacement of all the teeth is known as complete dentures.
Factors that drive the growth of the global dentures market includes a rise in prevalence of dental disorders such as dental caries, tooth decays, and dental cracks, increase in number of geriatric population, development in healthcare sectors, and surge in dental tourism. Dentures are widely available in different materials such as acrylic, nylon, porcelain, resin, or metal.

The global dentures market garnered $1.5 billion in 2021, and is estimated to generate $3.2 billion by 2031, manifesting a CAGR of 7.8% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.

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Covid-19 Scenario:

  • The outbreak of the COVID-19 pandemic had a negative impact on the growth of the global dentures market, owing to disruptions in the healthcare sector.
  • The COVID-19 pandemic has stressed healthcare systems of the world. A huge number of clinics and hospitals across the globe, were restructured to increase the hospital capacity for the patients diagnosed with COVID-19.
  • As per the data published in Oral health, in February 2021, it was reported that there was drop in revenue and the dental practice was affected as well by 46% during the pandemic.
  • However, this is expected to be a temporary downfall, and the market is expected to resume growth soon in the future.

The research provides detailed segmentation of the global dentures market based on type, usage, end user, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.

By type, the entire segment recorded the highest share in 2021, accounting for about three-quarters of the global denture market, and is expected to maintain its leading status over the forecast period. Furthermore, the same segment is expected to register the highest CAGR of 8.0% from 2022 to 2031. Based on usage, the removable segment accounted for the largest share in 2021, contributing approximately three-fifths of the global denture market, and is expected to maintain its revenue leadership over the forecast period. However, the fixed segment is expected to exhibit the highest CAGR of 8.2% from 2022 to 2031.

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According to End User, the hospital segment accounted for the largest share in 2021, accounting for nearly three-fifths of the global dental prosthetics market, and is expected to maintain its leading status during the forecast period. Furthermore, the same segment is estimated to grow at the highest CAGR of 8.3% during the forecast period. By region, Europe held the largest share in 2021, contributing nearly two-fifths of the global dental prosthetics market share, and is projected to retain its dominant share of revenue in 2031. On the other hand, the Asia-Pacific region is expected to post the fastest CAGR of 9.3% during the forecast period. The research also looks at regions including North America and LAMEA.

Leading market players of the global dentures market analyzed in the research include Amann Girrbach AG, Avadent, Coltene Holding AG, Dentsply Sirona, Huge Dental, Ivoclar Vivadent AG, Mitsui Chemicals, Modern Dental Group Limited, Shofu Inc., VITA Zahnfabrik H. Rauter GmbH & Co. KG.

The report provides a detailed analysis of these key players of the global dentures market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

Featured

Vitiligo Treatment 𝐓𝐫𝐞𝐧𝐝𝐬 : 𝐍𝐞𝐰 𝐏𝐫𝐞𝐝𝐢𝐜𝐭𝐢𝐨𝐧𝐬 𝐓𝐨 𝐖𝐚𝐭𝐜𝐡 𝐎𝐮𝐭 𝐅𝐨𝐫

Vitiligo, known as pale skin or leucoderma, is a dermatological disorder caused by a deficiency of the pigment melanin and characterized by the development of white spots on the skin. This condition tends to progress over time, resulting in larger patches of depigmentation on the skin, however, in some people, the patches may remain stable. It is an autoimmune physical disease, sometimes transmitted genetically from parent to child.

The symptoms of Vitiligo are patchy skin discoloration, discoloration of the hair on the scalp, and mucosal discoloration. Additionally, people with Vitiligo are more susceptible to other autoimmune diseases such as Addison’s disease and hypothyroidism. Long-term effects of Vitiligo are mental stress, skin cancer, iritis, and hearing loss due to loss of cochlear melanocytes. Depending on the severity of the patches, there are three types of Vitiligo namely generalized or non-segmental, segmental and mucous. Generalized Vitiligo is the most common type of Vitiligo in which white patches appear all over the body. In segmental vitiligo, the white patches are limited to one area, such as the hands or face.

Mucosal Vitiligo affects the lining of the mouth and genital areas. Furthermore, Vitiligo does not cause serious health problems; however, it can lead to physical complications such as sunburn, eye problems, and an increased chance of developing other autoimmune diseases. Also, medicinal treatments for Vitiligo are intended to restore an even skin tone, however they do not cure the disease permanently.

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The global vitiligo treatment market was estimated at $410.5 million in 2021 and is expected to hit $625.8 million by 2031, registering a CAGR of 4.3% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

Covid-19 scenario-

  • Decline in demand for corticosteroid during the pandemic impacted the global vitiligo treatment market negatively, especially during the initial period. Also, the majority of non-emergency medical services got postponed during the time.
  • However, the market has now got back on track.

The global vitiligo treatment market is analyzed across consulting type, distribution channel, drug class type, and region. The report takes in an exhaustive analysis of the segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.

By type, the unsegmented segment accounted for nearly 90% of total market revenue in 2021 and is expected to dominate by 2031. The same segment would also project the fastest CAGR of 4.5% over the entire forecast period. Segmental segment is also analyzed through the report.

Based on distribution channel, the drugstore and retail pharmacy segment accounted for nearly three-fifths of the total market revenue in 2021 and is expected to dominate by 2031. The online providers segment, concurrently, would quote the fastest CAGR of 6.2% over the entire forecast period. Hospital Pharmacy segment is also studied through the market report.

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By drug class type, the corticosteroids segment garnered more than two-thirds of the global vitiligo treatment market in 2021, and would rule the roost by the end of 2031. The same segment would also display the fastest CAGR of 4.7% from 2022 to 2031. The calcineurin inhibitor segment is also assessed in the study.

Based on region, the global vitiligo treatment market across North America generated nearly two-fifths of the total market revenue in 2021, and is anticipated to retain the lion’s share by 2031. The Asia-Pacific region, simultaneously, would showcase the fastest CAGR of 5.4% throughout the forecast period. The other provinces analyzed through the report include Europe and LAMEA.

The key market players analyzed in the global vitiligo treatment market report include Astellas Pharma Inc., Bristol-Mayers Squibb (Celegen), Bausch Health Companies Inc. (Bausch+Lomb Inc.), Dermavant Science Inc., Dr. Reddy’s Laboratories Ltd, Incyte Corporation, Merck kGaA, Arcutis Biotherapeutics, Pfizer Inc., and Viatirs Inc. (Mylan N.V.). 

Featured

Global Neonatal Intensive Care Market Trends, Drivers, Opportunities and Challenges 2031

The neonatal intensive care unit is a particular section of a hospital where newborns in need of intensive medical care are often admitted. A neonatal intensive care unit (NICU) is equipped with advanced equipment and trained medical personnel to provide specialized care to babies. The growing incidence of neonatal diseases and complications, such as low birth weight babies, overweight babies, birth defects and breathing difficulties, requiring special care and NICU admissions, are driving the growth of the market. For example, in 2020, it was estimated that respiratory distress syndrome occurs in 20,000-30,000 newborns each year in the United States, according to Myspace, a global platform for doctors and healthcare professionals. Additionally, NICU market trends driving the NICU market growth include NICU development R&D, an increase in product approvals, and new product launches into the market. For example, Medtronic plc, a global leader in medical technology, has announced the commercial launch of the SonarMed airway monitoring system in the United States. The first and only device of its kind, the SonarMed airway monitoring system uses acoustic technology to detect endotracheal tube (ETT) blockages and verify their location in real time, providing clinicians with vital information needed to make more informed decisions they save the lives of children . and pediatrics.

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Neonatal Intensive Care Market by Product (Warmers, Incubators, Monitoring Devices, Respiratory Devices, Phototherapy Equipment, Others), by Application (Neonatal Hypothermia & Low Birth Weight, Jaundice, Others), by End User (Hospitals, Maternity Hospitals, Neonatal & Pediatric Hospital): Global Opportunity Analysis and Industry Forecast, 2022-2031″. According to the report, the global neonatal intensive care industry generated $2.0 billion in 2021, and is anticipated to generate $4.4 billion by 2031, witnessing a CAGR of 8.2% from 2022 to 2031.

  • CAGR: 8.2%
  • Current Market Size: USD 4.4 Billion
  • Forecast Growing Region: APAC
  • Largest Market: North America
  • Projection Time: 2022 – 2031
  • Base Year: 2022

Prime determinants of growth

The increasing prevalence of neonatal hypothermia, the increasing incidence of low birth weight babies, and the growing interest of manufacturers and developers in the development of NICU are driving the growth of the global NICU market. However, the high cost of NICU equipment limits market growth. Additionally, increased R&D activity for advances in the NICU presents new opportunities in the coming years.

Covid-19 Scenario

  • • The outbreak of the Covid-19 pandemic has had a negative impact on the global NICU market, due to the implementation of the global lockdown causing supply chain disruptions.
  • • The entire healthcare industry has focused on saving lives and COVID-19-related products during the pandemic, hampering the NICU industry’s R&D efforts. • However, the market is experiencing a recovery in 2022 and shows stable growth after the pandemic.

The respiratory devices segment to maintain its leadership status throughout the forecast period

Based on product, the respiratory devices segment held the highest market share in 2021, accounting for nearly one-third of the global neonatal intensive care market, and is estimated to maintain its leadership status throughout the forecast period. Moreover, the same segment is projected to manifest the highest CAGR of 9.0% from 2022 to 2031, owing to advancements in neonatal intensive care and increasing prevalence of respiratory diseases. The report also analyzes segments including warmers, incubators, monitoring devices, and phototherapy equipment.

The neonatal hypothermia & low birth weight segment to maintain its leadership status throughout the forecast period

According to the app, the neonatal hypothermia and low birth weight segment had the highest market share in 2021, accounting for nearly three-fifths of the global neonatal intensive care market, and is estimated to maintain its top-ranking status. leadership throughout the forecast period. Furthermore, the same segment is projected to have the highest CAGR of 8.6% between 2022 and 2031, due to the higher prevalence of neonatal hypothermia and the increased incidence of preterm birth. The report also discusses the jaundice segment.

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The neonatal & pediatric hospital segment to maintain its lead position during the forecast period

Based on end user, the neonatal & pediatric hospital segment accounted for the largest share in 2021, contributing to nearly three-fifths of the global neonatal intensive care market, and is projected to maintain its lead position during the forecast period. Moreover, the same segment is expected to portray the largest CAGR of 8.6% from 2022 to 2031, owing to rise in number of neonatal & pediatric hospitals and increase in demand for advanced treatments. The report also analyzes segments including hospitals and maternity hospitals.

Asia-Pacific to maintain its dominance by 2031

Based on region, Asia-Pacific held the highest market share by revenue in 2021, accounting for about one-third of the global NICU market, and is likely to dominate the market during the forecast period. Additionally, the same region is projected to experience the fastest CAGR of 9.3% between 2022 and 2031, due to increased product launches in the region, rising healthcare spending, and the presence of a large population base in this region. Other regions covered in the report are North America, LAMEA and Europe.

Leading Market Players: –

  • Drägerwerk AG & Co.
  • KGaA,
  • GE Company,
  • Masimo Corporation,
  • 3M Company,
  • Phoenix Medical Systems Pvt Ltd.,
  • Medtronic PLC,
  • Koninklijke Philips N.V,
  • Fanem Medical Devices,
  • Atom Medica,
  • Mediprema Group,
  • Siemens Healthcare GmbH,
  • Terumo Corporation,
  • Medicor Elektronika,
  • Ningbo David Medical Device Co., Ltd.,
  • Zhengzhou Dison Instrument And Meter Co., Ltd,
  • AngioDynamics, Vygon (UK) Ltd

The report provides a detailed analysis of these key players of the global low cost airlines market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

(𝐈𝐧 𝐭𝐨𝐝𝐚𝐲’𝐬 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐦𝐚𝐫𝐤𝐞𝐭, 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐢𝐬 𝐚 𝐜𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐬𝐭𝐞𝐩 𝐢𝐧 𝐢𝐝𝐞𝐧𝐭𝐢𝐟𝐲𝐢𝐧𝐠 𝐭𝐡𝐞 𝐜𝐨𝐫𝐫𝐞𝐜𝐭 𝐭𝐚𝐫𝐠𝐞𝐭 𝐜𝐨𝐧𝐬𝐮𝐦𝐞𝐫𝐬 𝐚𝐧𝐝 𝐩𝐫𝐨𝐯𝐢𝐝𝐢𝐧𝐠 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐬𝐞𝐝 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞𝐢𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐧𝐞𝐞𝐝𝐬. 𝐖𝐡𝐢𝐥𝐞 𝐟𝐨𝐫𝐦𝐮𝐥𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞𝐬𝐞 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬, 𝐞𝐯𝐞𝐫𝐲 𝐟𝐚𝐜𝐞𝐭 𝐚𝐧𝐝 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐩𝐫𝐨𝐛𝐥𝐞𝐦 𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐞𝐝 𝐛𝐲 𝐭𝐡𝐞 𝐩𝐚𝐫𝐭𝐢𝐜𝐮𝐥𝐚𝐫 𝐬𝐞𝐜𝐭𝐨𝐫 𝐢𝐬 𝐭𝐡𝐨𝐫𝐨𝐮𝐠𝐡𝐥𝐲 𝐜𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐞𝐝. 𝐈𝐭 𝐚𝐥𝐬𝐨 𝐜𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐬 𝐧𝐮𝐦𝐞𝐫𝐨𝐮𝐬 𝐠𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐫𝐞𝐟𝐨𝐫𝐦𝐬, 𝐭𝐡𝐞 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐞𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭, 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐛𝐞𝐡𝐚𝐯𝐢𝐨𝐮𝐫, 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐚𝐧𝐝 𝐟𝐮𝐭𝐮𝐫𝐞 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬, 𝐚𝐧𝐝 𝐫𝐚𝐩𝐢𝐝𝐥𝐲 𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐭𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐛𝐫𝐞𝐚𝐤𝐭𝐡𝐫𝐨𝐮𝐠𝐡𝐬. 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐚𝐢𝐝𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐟𝐨𝐫𝐦𝐮𝐥𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐩𝐥𝐚𝐧𝐬 𝐚𝐧𝐝 𝐩𝐨𝐥𝐢𝐜𝐢𝐞𝐬.)

Covid-19 scenario-

  • Closure of the majority of healthcare facilities and serious concerns over the exposure of Covid-19 had a negative impact on the global bone cancer treatment market.
  • However, as the global situation started getting better, the market for bone cancer treatment also got back on track.

The global Bone Cancer Treatment market is analyzed on the basis of type, end-use industry, and region. The report includes a comprehensive analysis of the segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can take advantage of the breakdown and devise stratagems based on the fastest growing and highest revenue generating segments noted in the report.

Based on type, the osteosarcoma segment accounted for nearly three-fifths of the total market revenue in 2021 and is expected to dominate by 2031. The same segment would also post the fastest CAGR of 4.7% over the entire forecast period.

Purchase Inquiry:
https://www.alliedmarketresearch.com/purchase-enquiry/17969

By drug type, the Immunotherapy & Targeted Therapy segment accounted for more than two-thirds of the total market revenue in 2021 and is expected to dominate by 2031. The same segment is also projected to experience the fastest CAGR of 4.6% over the entire forecast period. Based on distribution channel, the hospital pharmacy segment earned more than half of the total market revenue in 2021 and is expected to dominate by 2031. However, the online pharmacy segment would cite the fastest CAGR of 5.3% in the entire forecast period. Depending on the region, the North America market generated more than two-fifths of the global market revenue in 2021 and is projected to retain the majority by 2031. However, the Asia-Pacific region would have the fastest CAGR of 5.2 %. during the forecast period. The other provinces analyzed in the report include Europe and LAMEA.

The key market players analyzed in the global bone cancer treatment market report include

Cancervax, Inc,

Cellectar Biosciences, Inc,

Pfizer, Inc,

Advaxis, Inc,

Isofol Medical Ab,

Gradalis Inc,

QSAM Biosciences, Inc.,

Takeda Pharmaceutical Company Limited,

Hikma Pharmaceutical PLC,

 and Zentalis Pharmaceuticals

Featured

Bone Cancer Treatment Market : Scheduling Routing and Tracking 2021-2031

When a tumor, or an abnormal mass of tissue, develops in a bone, bone cancer occurs. It occurs when abnormal bone cells multiply uncontrollably. Bone tumors are usually benign (noncancerous). For the most part, benign tumors are not life-threatening and do not spread to other regions of the body. There are a number of treatment methods available depending on the type of tumor, ranging from direct observation to surgery to remove the tumor.

Some bone tumors are malignant (cancerous). Malignant bone tumors can metastasize or cause cancer cells to spread throughout the body. In almost all cases, the treatment of malignant tumors involves a combination of chemotherapy, radiation therapy and surgery. Chemotherapy, radiation therapy, and surgery are almost always used in the treatment of malignancies. While they can develop at any age, they are more common in children, adolescents, and young adults than in older adults. The major factors driving the growth of the market are the increasing population of bone cancer patients. Bone cancer also occurs in adults, children and adolescents. In addition, many governments are taking steps to raise awareness of bone cancer treatment and the growing demand for healthcare services is expected to greatly stimulate market growth.

Additionally, many organizations have invested in R&D to develop and launch new products. In recent years, there has been an increase in product innovation and launch and are major trends in the bone cancer treatment market. Therefore, the increase in product launches is expected to support the growth of the market. Many organizations are signing agreements for the efficient supply and production of bone cancer drugs. For example, in August 2021, Cellectar Biosciences, Inc. announced its agreement with Evergreen Theragnostic, entered into a commercial manufacturing and supply agreement with Evergreen to provide the long-term commercial supply of Iopofosine I-131 and the supply of clinical study material for Cellectar’s landmark study. in Waldenstrom’s macroglobulinemia (WM). The deal adds a second manufacturer and expands Cellectar’s current supply capabilities.

Download Free Sample Report: https://www.alliedmarketresearch.com/request-sample/17969

The global Bone Cancer Treatment Market was estimated at $1.2 billion in 2021 and is expected to hit $1.8 billion by 2031, registering a CAGR of 4.5% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

  • CAGR: 4.5%
  • Current Market Size: USD 1.8 Billion
  • Forecast Growing Region: APAC
  • Largest Market: North America
  • Projection Time: 2022 – 2031
  • Base Year: 2022

(𝐈𝐧 𝐭𝐨𝐝𝐚𝐲’𝐬 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐦𝐚𝐫𝐤𝐞𝐭, 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐢𝐬 𝐚 𝐜𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐬𝐭𝐞𝐩 𝐢𝐧 𝐢𝐝𝐞𝐧𝐭𝐢𝐟𝐲𝐢𝐧𝐠 𝐭𝐡𝐞 𝐜𝐨𝐫𝐫𝐞𝐜𝐭 𝐭𝐚𝐫𝐠𝐞𝐭 𝐜𝐨𝐧𝐬𝐮𝐦𝐞𝐫𝐬 𝐚𝐧𝐝 𝐩𝐫𝐨𝐯𝐢𝐝𝐢𝐧𝐠 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐬𝐞𝐝 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞𝐢𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐧𝐞𝐞𝐝𝐬. 𝐖𝐡𝐢𝐥𝐞 𝐟𝐨𝐫𝐦𝐮𝐥𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞𝐬𝐞 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬, 𝐞𝐯𝐞𝐫𝐲 𝐟𝐚𝐜𝐞𝐭 𝐚𝐧𝐝 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐩𝐫𝐨𝐛𝐥𝐞𝐦 𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐞𝐝 𝐛𝐲 𝐭𝐡𝐞 𝐩𝐚𝐫𝐭𝐢𝐜𝐮𝐥𝐚𝐫 𝐬𝐞𝐜𝐭𝐨𝐫 𝐢𝐬 𝐭𝐡𝐨𝐫𝐨𝐮𝐠𝐡𝐥𝐲 𝐜𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐞𝐝. 𝐈𝐭 𝐚𝐥𝐬𝐨 𝐜𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐬 𝐧𝐮𝐦𝐞𝐫𝐨𝐮𝐬 𝐠𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐫𝐞𝐟𝐨𝐫𝐦𝐬, 𝐭𝐡𝐞 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐞𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭, 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐛𝐞𝐡𝐚𝐯𝐢𝐨𝐮𝐫, 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐚𝐧𝐝 𝐟𝐮𝐭𝐮𝐫𝐞 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬, 𝐚𝐧𝐝 𝐫𝐚𝐩𝐢𝐝𝐥𝐲 𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐭𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐛𝐫𝐞𝐚𝐤𝐭𝐡𝐫𝐨𝐮𝐠𝐡𝐬. 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐚𝐢𝐝𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐟𝐨𝐫𝐦𝐮𝐥𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐩𝐥𝐚𝐧𝐬 𝐚𝐧𝐝 𝐩𝐨𝐥𝐢𝐜𝐢𝐞𝐬.)

Covid-19 scenario-

  • Closure of the majority of healthcare facilities and serious concerns over the exposure of Covid-19 had a negative impact on the global bone cancer treatment market.
  • However, as the global situation started getting better, the market for bone cancer treatment also got back on track.

The global Bone Cancer Treatment market is analyzed on the basis of type, end-use industry, and region. The report includes a comprehensive analysis of the segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can take advantage of the breakdown and devise stratagems based on the fastest growing and highest revenue generating segments noted in the report.

Based on type, the osteosarcoma segment accounted for nearly three-fifths of the total market revenue in 2021 and is expected to dominate by 2031. The same segment would also post the fastest CAGR of 4.7% over the entire forecast period.

Purchase Inquiry:
https://www.alliedmarketresearch.com/purchase-enquiry/17969

By drug type, the Immunotherapy & Targeted Therapy segment accounted for more than two-thirds of the total market revenue in 2021 and is expected to dominate by 2031. The same segment is also projected to experience the fastest CAGR of 4.6% over the entire forecast period. Based on distribution channel, the hospital pharmacy segment earned more than half of the total market revenue in 2021 and is expected to dominate by 2031. However, the online pharmacy segment would cite the fastest CAGR of 5.3% in the entire forecast period. Depending on the region, the North America market generated more than two-fifths of the global market revenue in 2021 and is projected to retain the majority by 2031. However, the Asia-Pacific region would have the fastest CAGR of 5.2 %. during the forecast period. The other provinces analyzed in the report include Europe and LAMEA.

The key market players analyzed in the global bone cancer treatment market report include

Cancervax, Inc,

Cellectar Biosciences, Inc,

Pfizer, Inc,

Advaxis, Inc,

Isofol Medical Ab,

Gradalis Inc,

QSAM Biosciences, Inc.,

Takeda Pharmaceutical Company Limited,

Hikma Pharmaceutical PLC,

 and Zentalis Pharmaceuticals

Featured

Sharps Containers Market Revenue Growth is Making Marketplace Explosive

 The global sharps containers market generated $430.8 million in 2021, and is estimated to reach $632.8 million by 2031, witnessing a CAGR of 3.9% from 2022 to 2031. The report provides a detailed analysis of changing market dynamics, value chain, top segments, and competitive landscape. This report provides detailed information to assist market players, stakeholders, investors, and startups in determining strategies to continue growth and attain competitive edge in the market.

Download Free Sample Report- https://www.alliedmarketresearch.com/request-sample/17974

  • CAGR: 3.9%
  • Current Market Size: USD 638.2 Million
  • Forecast Growing Region: APAC
  • Largest Market: North America
  • Projection Time: 2021 – 2031
  • Base Year: 2021

(𝐈𝐧 𝐭𝐨𝐝𝐚𝐲’𝐬 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐦𝐚𝐫𝐤𝐞𝐭, 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐢𝐬 𝐚 𝐜𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐬𝐭𝐞𝐩 𝐢𝐧 𝐢𝐝𝐞𝐧𝐭𝐢𝐟𝐲𝐢𝐧𝐠 𝐭𝐡𝐞 𝐜𝐨𝐫𝐫𝐞𝐜𝐭 𝐭𝐚𝐫𝐠𝐞𝐭 𝐜𝐨𝐧𝐬𝐮𝐦𝐞𝐫𝐬 𝐚𝐧𝐝 𝐩𝐫𝐨𝐯𝐢𝐝𝐢𝐧𝐠 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐬𝐞𝐝 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞𝐢𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐧𝐞𝐞𝐝𝐬. 𝐖𝐡𝐢𝐥𝐞 𝐟𝐨𝐫𝐦𝐮𝐥𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞𝐬𝐞 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬, 𝐞𝐯𝐞𝐫𝐲 𝐟𝐚𝐜𝐞𝐭 𝐚𝐧𝐝 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐩𝐫𝐨𝐛𝐥𝐞𝐦 𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐞𝐝 𝐛𝐲 𝐭𝐡𝐞 𝐩𝐚𝐫𝐭𝐢𝐜𝐮𝐥𝐚𝐫 𝐬𝐞𝐜𝐭𝐨𝐫 𝐢𝐬 𝐭𝐡𝐨𝐫𝐨𝐮𝐠𝐡𝐥𝐲 𝐜𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐞𝐝. 𝐈𝐭 𝐚𝐥𝐬𝐨 𝐜𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐬 𝐧𝐮𝐦𝐞𝐫𝐨𝐮𝐬 𝐠𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐫𝐞𝐟𝐨𝐫𝐦𝐬, 𝐭𝐡𝐞 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐞𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭, 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐛𝐞𝐡𝐚𝐯𝐢𝐨𝐮𝐫, 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐚𝐧𝐝 𝐟𝐮𝐭𝐮𝐫𝐞 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬, 𝐚𝐧𝐝 𝐫𝐚𝐩𝐢𝐝𝐥𝐲 𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐭𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐛𝐫𝐞𝐚𝐤𝐭𝐡𝐫𝐨𝐮𝐠𝐡𝐬. 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐚𝐢𝐝𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐟𝐨𝐫𝐦𝐮𝐥𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐩𝐥𝐚𝐧𝐬 𝐚𝐧𝐝 𝐩𝐨𝐥𝐢𝐜𝐢𝐞𝐬.)

Covid-19 Scenario:

  • The Covid-19 pandemic made a positive impact on the global sharps containers market. The demand for sharps containers increased considerably during the Covid-19 pandemic as patient room containers and multipurpose containers help in disposal of waste generated during the treatment.
  • Vaccination programs surged considerably as vaccines against Covid-19 were launched by different companies in different countries. Vaccination programs generate the high amount of sharps waste. This, in turn, increased the need for sharps containers. 

The research provides a detailed segmentation of the global sharps containers market based on type, container size, usage, and region. The research analyzes each segment and sub-segments for identifying the largest revenue generating and fastest-growing segments for market players, investors, and stakeholders. Market size and estimations for each segment and its sub-segments are provided in the report to help market players determine the steps to be taken for achieving the growth.

Based on type, the multipurpose containers segment held the highest share in 2021, contributing to nearly two-fifths of the total share, and is expected to continue its leadership status throughout the forecast period. Moreover, the same segment is expected to manifest the highest CAGR of 4.5% from 2022 to 2031. The report also analyzes the segments including patient room containers and phlebotomy containers.

Based on container size, the 2-4 gallons segment contributed to the highest share in 2021, accounting for more than half of the global sharps containers market, and is estimated to continue its lead in terms of revenue during the forecast period. However, the 4-8 gallons segment is expected to manifest the highest CAGR of 5.2% from 2022 to 2031. The report also analyzes the 1-2 gallons segment.

Based on usage, the reusable containers segment contributed to the largest share in 2021, accounting for nearly two-thirds of the global market, and is expected to maintain its dominance by 2031. Moreover, this segment is projected to grow at the highest CAGR of 4.4% during the forecast period.  The research also discusses the single-use containers segment.

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Based on region, North America held the highest share in 2021, contributing to more than two-fifths of the global sharps containers market, and is expected to continue its dominance by 2031. However, Asia-Pacific is projected to grow at the fastest CAGR of 5.2% during the forecast period. The research also analyzes regions including Europe and LAMEA.

The research provides detailed analysis of leading players of the global sharps containers market. Key players analyzed in the research include Becton, Dickinson and Company, Bondtech Corporation, Bemis Health Care, EnviroTain, Cardinal Health, Harloff, GPC Medical Ltd., Stericycle, Henery Schiens, and Thermo Fisher Scientific.

The report analyzes these key players and highlights various strategies such as new product launches, partnerships, expansion, and others to raise their market penetration and strengthen their position in the market. The report offers a detailed analysis that outlines product portfolio, operating segments, business performance, and key developments of each market player.  

Featured

Sickle Cell Disease Treatment Market Share , Insights , & Analysis

When a person inherits two abnormal copies of the β-globin gene (HBB), one from each parent, which produces hemoglobin “S”. This hemoglobin “S” is an abnormal form of hemoglobin causing red cells to become rigid and sickle shape. The most common type of sickle cell disease is known as sickle cell anemia. It results in an abnormality in the oxygen-carrying protein hemoglobin found in red blood cells.

The sickle cell disease treatment market growth driven by increase in prevalence of sickle cell disease, rise in pipeline products, and surge in demand for sickle cell disease drugs. In addition, expansion of R&D pipeline, ongoing medicine approvals, and strong growth potential in unexplored new markets are expected to provide numerous sickle cell disease treatment market opportunity for the market growth during the forecast period. For instance, in November 2019, FDA approved Oxbryta (voxeletor), to treat the sickle cell disease, which is expected to boost the market growth.

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Moreover, increase in initiatives taken by government of various countries for promoting access programmes and expanding distribution network for sickle cell disease drugs are some sickle cell disease treatment market trends contribute toward the growth of the market. For instance, Emmaus announced the agreement with Mc Kesson Plasma and Biologics LLC. to expand the distribution network of Endari for sickle cell disease patients.

Important Growth Factors for Sickle Cell Disease Treatment Market:-

High Severity Associated with the Disorders to Propel Market Progress

Sickle cell disease treatment refers to a series of procedures designed to treat sickle cell disease disorders. The demand for effective therapeutic procedures is expected to increase due to the growing awareness of the severity of the disease. In addition, rising medical and healthcare spending is expected to fuel the demand for sickle cell disease treatment procedures. Furthermore, increased attention to developing effective solutions for the treatment of sickle cell disease should lead to the adoption of effective treatments. These factors can fuel the growth of the sickle cell anemia treatment market.

However, the limited availability of therapeutic solutions could hamper the growth of this sector in the coming years.


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“Sickle Cell Disease Treatment Market,” The sickle cell disease treatment market size was valued at $1.1 billion in 2021, and is estimated to reach $1.6 billion by 2031, growing at a CAGR of 4.1% from 2022 to 2031.

When a person inherits two abnormal copies of the β-globin gene (HBB), one from each parent, which produces hemoglobin “S”. This hemoglobin “S” is an abnormal form of hemoglobin causing red cells to become rigid and sickle shape. The most common type of sickle cell disease is known as sickle cell anemia. It results in an abnormality in the oxygen-carrying protein hemoglobin found in red blood cells.

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Value Proposition of Sickle Cell Disease Treatment Market

• By drug type, the hydroxyurea segment held the largest share in the global sickle cell disease treatment industry in 2021.

• Based on type, the sickle cell segment held the largest market share in 2021 and this trend is expected to continue during the forecast period. • Based on route of administration, the oral segment dominated the market in 2021. However, the parenteral segment is expected to grow at a CAGR of 4.3% during the forecast period. • Based on the region, North America held the largest share of the global market in 2021. However, Asia-Pacific is projected to grow at the highest CAGR of 5.7% during the forecast period.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Featured

High Potency APIs Market | Recent Developments, Industry Analysis, Growth Strategies, and Future Forecast 2031 

An important aspect of the pharmaceutical manufacturing industry is High Potency Active Pharmaceutical Ingredients (HPAPI). The High Potency API Market analysis offers a range of different products from clinical domains including drugs that have application in oncology and hormonal imbalance. However, most HPAPIs are used for the production of cancer drugs with a number of innovations, including packaging, which are fueling market expansion.

According to the NCBI, National Center for Biotechnology Information, atrial fibrillation is the most common cardiac arrhythmia and it is estimated that 6 to 12 million people worldwide will suffer from this condition in the United States by 2050 and 17.9 million people in Europe by 2060. Also, people of European descent are more likely to have atrial fibrillation than African Americans. Thus, the prevalence of cardiovascular disease cases worldwide along with the increase in the number of other multigenic diseases is expected to lead to the growth of high potency API market trends. In addition, the increase in the outsourcing process for the production of HPAPIs, together with the developments of favorable regulatory frameworks, the production of highly effective high-potency APIs, the increase in demand for antibody-drug conjugates and government initiatives to expand The use of generics are the factors accelerating the growth of the market size of high potency APIs.

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The global High Potency APIs Market generated $19.7 billion in 2021, and is projected to reach $41.4 billion by 2031, growing at a CAGR of 7.7% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape, and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners, and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.

COVID-19 Scenario:

  • • The COVID-19 outbreak has positively impacted the growth of the global high potency API market as major industry players have increased investments to develop high potency APIs for the treatment of communicable diseases.
  • • However, disruptions in the supply chain have led to a shortage of raw material supplies during the pandemic. This has had a moderate impact on global market growth during the COVID-19 pandemic.

Based on product type, the innovative high-potency API segment held the major market share in 2021, holding more than two-thirds of the global high potency APIs market share, and is expected to maintain its leadership status during the forecast period. Furthermore, the same segment, is expected to cite the fastest CAGR of 8.2% during the forecast period. The report also includes other segments such as generic high-potency API.

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According to the app, the oncology segment held the largest market share in 2021, accounting for more than half of the global high-potency API market share, and is expected to maintain its leading status during the forecast period. Additionally, the same segment is expected to cite the highest CAGR of 8.9% during the forecast period. The report also includes other segments such as hormone imbalance, glaucoma, and others.

Based on region, North America market held the largest market share in 2021, with more than two-fifths of the global market share of high potency APIs and is expected to maintain its leading status during the forecast period. . However, the Asia-Pacific High Potency API market is expected to quote the fastest CAGR of 9.5% during the forecast period. The report also looks at other regions such as Europe and LAMEA.

The key players analyzed in the global high potency APIs market report include

Abbvie Inc.,

Bayer AG,

Boehringer Ingelheim International GmbH,

Bristol-Myers Squibb,

Eli Lilly and Company,

F. Hoffmann- La Roche Ltd.,

Novartis AG, Pfizer Inc.,

Sanofi S.A.,

and Teva Pharmaceutical Industries Ltd.

Featured

E-Textile Market (Industry) Size Hits $721.8 Million by 2031 at a CAGR 7.4% from 2022 to 2031

 According to the report published by Allied Market Research, the global e-textile market generated $367.2 million in 2021, and is projected to reach $721.8 million by 2031, growing at a CAGR of 7.4% from 2022 to 2031.The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.  

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E-textiles must continue to evolve in terms of dependability, liability, and certification to overcome obstacles. Device producers and researchers face additional difficulties with regulatory approvals because getting FDA approval might take years. Then comes the challenge of receiving certification and permission from insurance companies. The development of the several smart clothing concepts that have been proposed would take three to five years. Many experts predict that this turning moment will occur around 2020.

University-level research shows great promise for the future of patient care technology among those creating e-textiles for the healthcare business.

The VTT Technical Research Center in Finland is working on an intriguing project where researchers have developed smart fabric that can be worn as clothing or blankets and determine whether a patient needs to be warmed or cooled based on initial data measured from person and environment. Thegear adapts to body’s temperature during surgery, hence it might also be utilized by doctors who feel too warm during an operation.

The ElectroScience Laboratory at Ohio State University is developing useful e-textiles that gather, store, or transmit digital information by weaving antennas into objects such as brain caps that sense brain activity to help treat conditions such as epilepsy or addiction. These antennas use platforms such as the Intel Edison development platform. Researchers are also developing a smart bandage that can communicate with a doctor about the state of surrounding tissue’s healing without having to remove it.

While this is going on, researchers at the University of Bristol are developing soft robotic clothing that could prevent falls in people who are vulnerable by supporting them while they walk and provide bionic strength to people who need it to get from a sitting to a standing position or climb stairs. Nanotechnology, 3D printing, electrical stimulation, and full-body monitoring technologies are all used in creation of smart clothes. As per opinions of various researchers this technology could ultimately lead to potentially freeing wheelchair-bound people from having to use the devices.

The Empa research institute in Switzerland has developed a fitted cap that measures heart rates and is incorporating optical fibers into e-textiles to monitor skin circulation and avoid bed sores. Hospitals find the clothing to be perfect as it can endure a disinfecting wash cycle.

This technique, according to researchers, may one day be used to gauge tissue pressure, respiration rate, or oxygen saturation. To examine bodily fluids or gases, e-textiles could also be made into chemical or biological sensors such as those provided by Maxim Integrated. Based on a series of ultra-low power ARM® Cortex®-M microcontrollers from Maxim, ultra-low power and secure development boards are available. These ARM Cortex-M4F 32-Bit MCUs combine ultra-low-power, high-efficiency signal processing functionality with user-friendliness, making them perfect for the growing category of wearable medical and fitness applications. The integrated pulse oximetry and heart-rate monitor module from Maxim, the MAX30102 Pulse Oximeter & Heart-Rate Sensor, has inbuilt LEDs, photodetectors, optical components, low-noise electronics with ambient light rejection, and it also has low-power electronics.

Even though many of these research projects are progressing and working toward commercialization, new developments in microelectronics and high-tech fabrics are expanding the potential applications for healthcare-related e-textiles.

Some of these concepts and early pilot projects include t-shirts that treat chronic back pain, shirts with stretch sensors to track respiratory rates in people with chronic lung disease, soft all-day belly bands to track fetal heart rate and uterine contractions in pregnant women, pressure monitor stockings for people with diabetes, or even a shirt that shocks people with severe heart problems.

According to some experts, shirts that monitor heart rate, blood pressure, oxygen saturation, and other metrics will eventually totally replace bedside monitoring in hospitals.

With the Google-Levi Project Jacquard commuter jacket for cyclists, the concept of using gesture detection in smart clothing has recently gained prominence. There are currently much more affordable and well-established technologies that will be difficult to surpass in the next five years, despite the fact that many experts believe gesture recognition could find its way into clothing for healthcare—possibly for use by paraplegics, elderly who have suffered strokes or heart attacks, or elderly in the home who fall.

It can be easily shrunk and does not require moving mechanical elements, haptic feedback, or the use of touch in a user interface design, hence holds a lot of potential for e-textiles. To engage a patient’s muscles, haptic feedback, which can be anything from a slight tickle to a powerful force input, is employed in electric muscle stimulation (EMS). To stimulate muscle movements or for rehabilitation, smart clothing with haptic feedback technology might be worn on any region of the body at any hour of the day. Prototypes of haptic feedback-based projects, like those from Novasentis, are now being created for use in medical apparel and should be available later this year.

The e-textile market is segmented on the basis of type, product, application, functionality, and region. On the basis of type, the E-Textile Industry is bifurcated into classic electronics and modern electronics. By product, it is classified into passive, active, and ultra-smart. On the basis of application, it is categorized into defense, sports & fitness, healthcare, household textiles, fashion & entertainment, transport, protection & military, architecture and others. On the basis of functionality, it is classified into sensing, energy harvesting, luminescence & aesthetics, thermoelectricity, and others. Region-wise, theE-Textile Market is analyzed across North America, Europe, Asia-Pacific and LAMEA.

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The players operating in the global e-textile market have adopted various developmental strategies to increase their E-Textile Market Share, gain profitability, and remain competitive in the market. The key players included in the E-Textile Market Analysis are- CARRÉ TECHNOLOGIES Inc., Chronolife., E. I. DU PONT DE NEMOURS AND COMPANY , INTERACTIVE WEAR AG, Mitsufuji Corporation, Myant Health , Outlast Technologies GmbH , sanSirro GmbH , Schoeller Textile AG, SENSING TEX, S.L. , Sensoria Inc. , SunstarTaiwan ENT. CO., LTD. , Tex-Ray Industrial Co., Ltd., TORAY INDUSTRIES, INC., Vista Medical Ltd., Vulpés Electronics GmbH, Xenoma Inc.

Key findings of the study

  • On the basis of product type, the classic electronics segment is projected to witness the major E-Textile Market Growth with the CAGR of 6.5%, in terms of revenue, during the E-Textile Market Forecast period.
  • On the basis of product, the ultra-smart segment E-Textile Market Size is expected to dominate the market from 2022 to 2031.
  • On the basis of application, the defense segment has the high E-Textile Market Trends and is expected to grow at a significant CAGR during the forecast period and has myraid E-Textile Market Opportunity.
  • On the basis of functionality, the sensing functionality segment dominated the global market in the 2021, with a E-Textile Industry share of more than 30%.
  • Region wise, Europe dominated the global market in 2021. This is attributed to expansion of new wholesale fabrics companies and surge in E-Textile Market Demand for apparel and textile machinery exports for e-textiles.

About Us:             

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. 


We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. 

Featured

Hospital Cleaning Technologies Market Huge business opportunities in this highly growing field

The Global Hospital Cleaning Technologies Market was estimated at $389.4 million in 2021 and is expected to hit $948.1 million by 2031, registering a CAGR of 9.3% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market. The report is exclusively meant to help the readers with a comprehensive valuation of industry analysis and trends.

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Covid-19 scenario-

• The outbreak of the pandemic has led to an increase in hospitalization cases, which has generated a growing demand for hospital cleaning technologies, which has had a positive impact on the global market.

• Despite supply shortages, manufacturers around the world have increased their production capacities to meet global demand. • This trend is likely to continue even after the pandemic is completely over.

The global Hospital Cleaning Technologies market is analyzed by product, application, end user, and region. The report includes a comprehensive analysis of the segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can take advantage of the breakdown and devise stratagems based on the fastest growing and highest revenue generating segments noted in the report.

On a product basis, the disinfectant dispensers segment contributed about one-third of the revenue of the global food hospital cleaning technologies market in 2021 and is forecasted to dominate by 2031. The same segment would also show the fastest CAGR by 10.4% over the entire forecast period. According to the application, the segment of surface detergents represented almost two fifth of the total market income in 2021 and it is expected that it will dominate by 2031. The disinfection segment simultaneously would mention the compound rate faster than 10.5% during the period forecast.

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Based on end use, the state hospitals segment accounted for nearly half of the total market revenue in 2021 and is expected to dominate by 2031. However, the private hospitals segment would project the fastest CAGR of 12.5% for the entire forecast period. Depending on the region, the North America market generated more than two-fifths of the total market revenue in 2021 and is projected to retain the majority by 2031. However, the Asia-Pacific region would show the 11 fastest CAGR, 2%. during the forecast period. The other regions studied in the report include LAMEA and Europe.

The key market players analyzed in the global hospital cleaning technologies market report include Blueair AB, Bright Pancar SDN. BHD, Coway Co., Ltd, Digital Light Labs, Ecolab Inc., Emerson Electric, Kimberly-Clark Corporation, Koninklijke Philips N., Toshi Automation Solutions, L&R Ultrasonics, Maxcharge, 3M Company, Crest Ultrasonics Corp., Omegasonics, Panasonic Corporation, American Specialties, Inc., and UVtechnik International Ltd. These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry. The report is helpful in formulating the business performance, product portfolio, operating segments, and developments by the top players. 

Featured

Botulinum Toxin Market is Set to Fly High in Coming Years

Botulinum toxin, also called “miracle poison”, is one of the most poisonous biological substances. It is a neurotoxin produced by the bacterium Clostridium botulinum, a Gram-positive anaerobic spore-forming bacillus commonly found in plants, soil, water and the intestinal tract of animals. Botulinum toxin induces striated muscle weakness by inhibiting alpha motor neuron transmission at the neuromuscular junction. This has led to its use in conditions of muscle overactivity, such as dystonia. Transmission is also inhibited in muscle spindle gamma neurons, which may impair reflex overactivity. The toxin also inhibits the release of acetylcholine from all cholinergic and parasympathetic postganglionic sympathetic neurons. This has prompted interest in its use as a treatment for overactive smooth muscle (eg, in achalasia) or abnormal gland activity (eg, hyperhidrosis).

The global Botulinum Toxin Market was estimated at USD 5.8 billion in 2021 and is expected to reach USD 13.1 billion by 2031, registering a CAGR of 8.6% from 2022 to 2031. The report provides a detailed analysis of key investment pockets, key winning strategies, drivers and opportunities, market size and estimations, competitive landscape, and evolving market trends. Market research is a useful source of information for early adopters, new entrants, investors and shareholders as they strategize for the future and increase their market position.

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Covid-19 scenario-

  • The outbreak of the pandemic gave way to cancellation of several non-essential procedures, which impacted the global botulinum toxin market negatively.
  • However, the market has now got back on track.

The global Botulinum Toxin market is analyzed on the basis of application, product, end user, and region. The report performs a comprehensive analysis of segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can take advantage of the breakdown and devise stratagems based on the fastest growing and highest revenue generating segments noted in the report.

By application, the therapeutic segment accounted for more than half of the global botulinum toxin market revenue in 2021 and is expected to dominate by 2031. The cosmetics segment, on the other hand, would show the fastest CAGR of 9.3% over the entire forecast period.

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 By product, the Botulinum Toxin Type A segment captured over 90% of the global Botulinum Toxin market share in 2021 and is projected to dominate by 2031. The Botulinum Toxin Type B segment would, concurrently, project the CAGR faster than 9.9% over the entire forecast period. By end-user, the Dermatology & Specialty Clinics segment held more than half of the global Botulinum Toxin market revenue in 2021 and is expected to dominate by 2031. The same segment would also cite the fastest CAGR of 9.3% across the entire forecast period. Depending on the region, the North American market generated nearly two-fifths of the global botulinum toxin market share in 2021 and is projected to retain the majority by 2031. However, the Asia-Pacific region would report the fastest CAGR of 9, 8% during the forecast period. The other provinces analyzed through the relationship include Lamea and Europe.

The key market players analyzed in the global botulinum toxin market report include Merz Pharma GmbH And Co. Kgaa , Us Worldmed, Llc, Abbvie Inc (Allergan), Ipsen Group , Revance Therapeutics Inc, Daewoong Pharmaceutical, Medy-Tox, Inc., Hugel, Inc., Galderma, and Evolus Inc.

These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry. The report is helpful in formulating the business performance and developments by the top players. 

Featured

Leading Players in Dementia Drugs Market  : Apotex inc. , & Aurobindo Pharma Ltd.

Dementia is not a specific disease, but rather a general term for the impaired ability to remember, think, or make decisions that interfere with daily activities. Alzheimer’s disease is the most common type of dementia. Although dementia primarily affects the elderly, it is not part of normal aging. Since dementia is an umbrella term, its symptoms can vary greatly from person to person. People with dementia have problems with memory, communication, reasoning and problem solving.

 A healthcare professional can perform tests of attention, memory, problem solving, and other cognitive skills to see if there is cause for concern. A physical exam, blood tests, and brain scans such as a CT scan or MRI can help determine an underlying cause. Treatment of dementia depends on the underlying cause. Neurodegenerative dementias, such as Alzheimer’s disease, have no cure, although there are drugs that can help protect the brain or control symptoms, such as anxiety or behavioral changes. Research to develop more treatment options is ongoing. Leading a healthy lifestyle, which includes regular exercise, healthy eating and maintaining social contacts, decreases the chances of developing chronic diseases and can reduce the number of people with dementia.

The global dementia drugs industry generated $8.7 billion in 2021, and is anticipated to generate $19.7 billion by 2031, witnessing a CAGR of 8.5% from 2022 to 2031.

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Prime determinants of growth

Increase in the prevalence of Alzheimer’s disease, advancement in R&D activities for drug development, rise in the adoption of early diagnosis, the growing geriatric population, increase in investment in R&D by players, presence of robust pipeline candidates, increase in public awareness about the disease prevention in developing regions, and the surge in demand for personalized medicines drive the growth of the global dementia drugs market. However, strict government regulations related to product approval and high cost linked to R&D activity restrain the growth of dementia drugs industry. Conversely, accelerated technological advancement in drug discovery techniques and high investment for drug development by the government are expected to offer lucrative opportunity for the dementia drugs market in future.  

Covid-19 Scenario

  • The outbreak of the Covid-19 pandemic had a positive impact on the global dementia drugs market, as it was reported that the pandemic caused a significant rise in the number of dementia patients.
  • Some research has shown that the COVID-19 infection can increase a person’s likelihood of developing dementia and cause the symptoms to show up earlier.

Moreover, COVID-19 shows adverse impact on brain function by reducing the level of consciousness. Thus, increase in COVID-19 infection in patients with Alzheimer’s disease increased the demand for dementia drugs during the pandemic.

Dementia drugs are a rapidly growing market, as the world population is aging and more people are being diagnosed with dementia. The demand for these drugs is increasing significantly, as they can help to slow down the progression of dementia and improve quality of life for those living with this condition.

The Dementia Drugs Market has seen an influx of new players in recent years, as pharmaceutical companies have invested heavily in research and development to develop new treatments for this debilitating condition. The global market size is expected to grow significantly over the next few years, due to increasing awareness about dementia and its impact on individuals’ lives. This growth will be driven by improved access to medications, increased research into potential treatments, and better diagnosis techniques.

The Alzheimer’s disease segment to maintain its leadership status throughout the forecast period

Based on indication, the Alzheimer’s disease segment held the highest market share in 2021, accounting for around three-fifths of the global dementia drugs market, and is estimated to maintain its leadership status throughout the forecast period. This is owing to the increase in life expectancy, rise in ageing population, and changes in lifestyle. However, the vascular dementia segment is projected to manifest the highest CAGR of 10.0% from 2022 to 2031, owing to an increasing number of people, especially geriatrics and smokers, with high risk of developing vascular dementia as well as increasing understanding of diagnosis modalities.

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The hospital pharmacies segment to maintain its lead position during the forecast period

Based on distribution channel, the hospital pharmacies segment accounted for the largest share in 2021, contributing to nearly half of the global dementia drugs market, and is projected to maintain its lead position during the forecast period. This is owing to the increase in geriatric population and Alzheimer’s patients. However, the online pharmacies segment is expected to portray the largest CAGR of 11.1% from 2022 to 2031, owing to the convenience and cheaper costs of purchasing prescription drugs electronically, especially under the lockdown situation during the COVID-19 pandemic.

North America to maintain its dominance by 2031

Based on region, North America held the highest market share in terms of revenue in 2021, accounting for more than two-fifths of the global dementia drugs market, and is likely to dominate the market during the forecast period, owing to the increase in R&D investments by numerous companies in the region. However, the Asia-Pacific region is expected to witness the fastest CAGR of 10.6% from 2022 to 2031. Increase in spending capabilities, owing to the evolving healthcare regulatory landscape, increase in the number of patients with chronic diseases, and the government’s emphasis on enhancing R&D capabilities for innovative drug development in the region.

Leading Market Players: –

  • Apotex inc.
  • Aurobindo Pharma Ltd.
  • Biogen Idec
  • Eisai
  • Eli Lilly and Company
  • Johnson & Johnson
  • Abbvie Inc.
  • F. Hoffmann-La Roche AG
  • Teva Pharmaceutical Industries
  • Novartis AG
Featured

Skin Cancer Treatment Market- The drug stores & retail pharmacies is expected to be highest contributor till 2031

The global skin cancer treatment market generated $7.2 billion in 2021, and is estimated to reach $14.5 billion by 2031, manifesting a CAGR of 7.3% from 2022 to 2031. Skin cancer is the most prevalent type of cancer across the globe. Melanoma or non-melanoma skin cancer (NMSC) are the two main categories of skin cancer. Due to inadequate diagnostic standards and underreporting, it is challenging to pinpoint the exact incidences of skin cancer. Head and neck are common areas where skin malignancies are found, which can cause serious morbidity during diagnosis and treatment. Medicated treatment options include chemotherapy, immunotherapy, and targeted therapy. Sunscreen use is essential for proper sun safety. The primary etiological component in the emergence of cutaneous cancers is ultraviolet (UV) sun radiation. Majority of NMSC and melanoma cases can be attributed to UV exposure.

Increase in prevalence of skin cancer cases including melanoma and non-melanoma are the major factors contributes, to drive the growth of skin cancer treatment market size. For instance, according to the Skin Cancer Foundation, U.S. has reported about 3.6 million populations with basal cell carcinoma and 1.8 million people with squamous cell carcinoma in 2022. From the same report it was estimated that, skin cancer is most common type of cancer in the U.S. 1 in 5 Americans will develop skin cancer and more than 2 people die with skin cancer.

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Covid-19 Scenario:

  • Non-urgent cancer treatments were postponed due to possibility of cross-contamination among cancer patients in the hospitals. Also, hospital staff was shifted to take care of increase in number of patients infected with coronavirus. This, in turn, reduced the number of staff members to take care of cancer patients.
  • According to the paper published by the name “The impact of Covid-19 pandemic on quality of life in skin cancer patients,” non-melanoma cancer patients were at a higher risk of infection by the Covid-19 disease and needed special and rapid treatment. This, in turn, raised the need for diagnosis and demand for cutting-edge and innovative medicines to effectively treat patients.

Based on therapy, the immunotherapy segment accounted for the highest share in 2021, contributing to more than three-fifths of the global skin cancer treatment market, and is projected to maintain its lead in terms of revenue during the forecast period. However, the targeted therapy segment is expected to manifest the highest CAGR of 8.6% from 2022 to 2031. The report also analyzes the chemotherapy segment.

Based on distribution channel, the drug stores and retail pharmacies segment contributed to the highest share in 2021, holding nearly half of the market, and is expected to dominate in 2031. However, the online providers segment is projected to grow at the highest CAGR of 8.5% during the forecast period. The research also discusses the hospital pharmacies segments.

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Based on region, North America accounted for the highest share in 2021, holding more than two-fifths of the global market, and is expected to maintain its dominance by 2031. However, Asia-Pacific is estimated to grow at the fastest CAGR of 8.6% during the forecast period. The research also analyzes regions including Europe and LAMEA.

Leading market players of the global skin cancer treatment market analyzed in the research include Amgen Inc., Bristol Myers Squibb Company, F.Hoffman –La-Roche Ltd., GlaxoSmithKline Plc., LEO Pharm A/S, Novartis AG, Merck KGAA, Regeneron Pharmaceuticals, Pfizer Inc., and Sun Pharmaceuticals Industries Ltd.

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Featured

Medical Clothing Market – Huge business opportunities in this highly growing field

The global medical clothing market generated $42.4 billion in 2021, and is estimated to reach $96.4 billion by 2031, manifesting a CAGR of 8.4% from 2022 to 2031. The Medical Clothing Market Trends such as an increase in the prevalence of infectious diseases, growth in healthcare infrastructure, and rise in healthcare infrastructure drive the growth of the Medical Clothing Market Size. In addition, the COVID-19 pandemic has boosted the demand for medical clothing such as face protective masks and personal protective equipment (PPE) kits. For instance, according to the world health organization (WHO) report, as of 8 July 2022, there have been 551,226,298 confirmed cases of COVID-19, including 6,345,595 deaths, reported to WHO. .

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Covid-19 Scenario:

  • The Covid-19 pandemic made a positive impact on the revenue of the medical clothing market as the demand for protective medical clothing increased considerably with rise in hospitalizations across the world.
  • The entire healthcare industry adopted different types of medical clothing products such as gowns and gloves for frontline workers and patients to protect themselves from cross-contamination.
  • Many new market players entered the market to fulfill the surged demand for protective medical clothing with rise in number of cases. Government also lifted off supply chain and transportation restrictions on various types of protective medical clothing to ensure the sufficient supply.

The COVID-19 patients need isolation and hospitalization, which further drives the Medical Clothing Market Growth. Furthermore, the rise in the geriatric population drives the growth of the Medical Clothing Market Growth. The old age population is more prone to infectious diseases and chronic disorders. Thus, the geriatric population signifies an increase in patients with chronic diseases. For instance, according to the world health organization (WHO), by 2050, the world’s population of people aged 60 years and older may reach 2.1 billion. Thus, the increase in the geriatric population contributes to the growth of the Medical Clothing Industry.

The increase in the prevalence of chronic diseases such as diabetes, asthma, and blood pressure drives the growth of the Medical Clothing Industry. For instance, according to International Diabetes Federation (IDF) Diabetes Atlas Tenth edition 2021, approximately 537 million adults (20-79 years) are living with diabetes and the total number of people living with diabetes is projected to rise to 643 million by 2030.

The chronic diseases such as diabetes and hypertension may require short-term or chronic hospitalization and bed rest. Thus, the growth in the prevalence of chronic diseases drives the growth of the Medical Clothing Market Size.

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Based on end user, the hospitals and clinics segment contributed to the largest share in 2021, accounting for more than three-fifths of the global market, and is expected to maintain its dominance by 2031. Moreover, this segment is projected to grow at the highest CAGR of 8.5% during the forecast period.  The research also discusses the ambulatory surgical centers and others.

Based on region, North America held the highest share in 2021, contributing to around two-fifths of the global medical clothing market, and is expected to continue its dominance by 2031. However, Asia-Pacific is projected to grow at the fastest CAGR of 9.4% during the forecast period. The research also analyzes regions including Europe and LAMEA.

Key players analyzed in the research include 3M, Cardinal Health, Barco Uniforms, Cherokee Uniforms, Carhartt, Inc., Medline Industries, Inc., Landau Uniforms, Smith+Nephew, Narang Medical Limited, and Vestex Protects.

Key findings of the study

  • On the basis of product, the surgical drape segment was the highest contributor to the market in 2021.
  • Based on usage, the patient segment was the highest contributor to the market in 2021.
  • Depending on end user, the hospitals segment was the highest contributor to the market in 2021.
  • Region wise, North America garnered the largest revenue share in 2021, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period

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Featured

Conjunctivitis Treatment Market : Revenue Growth is Making Marketplace Explosive

The global Conjunctivitis Treatment Market generated $4.2 billion in 2021, and is estimated to reach $6.1 billion by 2031, manifesting a CAGR of 3.8% from 2022 to 2031. The report provides a detailed analysis of changing market dynamics, value chain, top segments, and competitive landscape. This report offers extensive information to assist market players, investors, stakeholders, and startups in devising strategies to maintain sustainable growth and avail competitive advantage in the market.

Based on drug class, the anti-allergic segment held the highest share in 2021, contributing to more than two-fifths of the total share, and is expected to continue its leadership status throughout the forecast period. In addition, this segment is projected to manifest the highest CAGR of 4.0% from 2022 to 2031. The research also analyzes the segments including antibiotics, antiviral, and artificial tears.

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Covid-19 Scenario:

  • The COVID-19 pandemic negatively affected the conjunctivitis treatment market as there were restrictions on transportation of drugs from one place to another due to lockdown restrictions.
  • Manufacturing companies of drugs and pharmaceuticals that are required for conjunctivitis treatment faced major challenges including shortage and supply restrictions of raw materials utilized for drug formulations.
  • Distribution channels suffered irregularities in demand for products from affected people. In addition, many treatment procedures were postponed to shift the focus on treating increase in the number of patients suffering from the Covid-19 and other life-threatening disorders. Treatments were carried out only in case of emergencies.
  • The launch of new drugs was postponed due to disruptions in research and development activities and formulations. This, in turn, impacted the revenue of major market players.

Conjunctivitis refers to the inflammation or infection of the conjunctiva. It is the most common presentation of eye redness in both primary care and the emergency department, therefore putting a large strain on the healthcare system. Conjunctivitis is a common cause of eye redness and subsequently a common complaint in the emergency department, urgent care, and primary care clinics. It can affect people of any age, demographic or socioeconomic status. Although usually self-limiting and rarely resulting in vision loss, when assessing for conjunctivitis, it is essential to rule out other sight-threatening causes of red-eye. The conjunctiva is the transparent, lubricating mucous membrane covering the outer surface of the eye. It is composed of two parts, the “bulbar conjunctiva” which covers the globe and the “tarsal conjunctiva” which lines the eyelid’s inner surface. Conjunctivitis refers to the inflammation or infection of the conjunctiva. It can be acute or chronic and infectious or non-infectious. Acute conjunctivitis refers to symptom duration 3 to 4 weeks from presentation (usually only lasting 1 to 2 weeks) whereas chronic is defined as lasting more than 4 weeks.

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Based on region, North America held the highest share in 2021, contributing to nearly two-fifths of the global conjunctivitis treatment market, and is expected to continue its dominance by 2031. However, Asia-Pacific is projected to grow at the fastest CAGR of 4.4% during the forecast period. The research also analyzes regions including Europe and LAMEA.

Key players analyzed in the research include AbbVie Inc., AFT pharmaceuticals, Ajanta Pharma Limited, Bausch Health Companies Inc., Alembic Pharmaceuticals Ltd, Grevis Pharmaceutical Private Limited, Cipla, Inc., Jabs Biotech Pvt. Ltd., Indoco Remedies Ltd., Johnson & Johnson Services Inc., Sun Pharmaceuticals Industries Ltd., JAWA Pharmaceuticals Pvt. Ltd, Ocular Therapeutics, Inc., Novartis AG, Spectra Vision Care Pvt. Ltd, Santen Pharmaceuticals Co. Ltd., and Teva Pharmaceutical Industries Ltd.

Key findings of the study

  • On the basis of disease type, the allergic conjunctivitis segment held 4.3% share in the global market in 2021.
  • On the basis of drug class, the anti-allergic segment held the largest market share in 2021, and is expected to remain dominant throughout the forecast period.
  • On the basis of distribution channel, the hospital pharmacy segment held the largest market share in 2021, and is expected to remain dominant throughout the forecast period.
  • Region wise, North-America is expected to experience the highest market share during the forecast period.

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Structured Cabling Market Recent Trends, Industry Growth, Top Manufacturers Analysis, Business Opportunities, and Demand till 2030

The Report Shades a Light on Future and Opportunities in the Structured Cabling Industry.

The Structured Cabling Market size was valued at $10.62 billion in 2020, and is projected to reach $20.88 billion by 2030, registering a CAGR of 7.4% from 2021 to 2030 according to a new report by Allied Market Research. The report covers an analysis of the major impacting factors and top 10 investment pockets that influence the market growth and new opportunities in the future.

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Structured Cabling Market

The recent technological developments and rise in demand have an instrumental effect on the growth of the market. The Structured Cabling Market report offers a comprehensive analysis of the market on the basis of various parameters including sales, sales analysis, market size, share, trends, and major driving factors. In addition, the report offers Porter’s five forces model, portfolio and financial analysis, and business overview of services and products. Such statistical tools provide a piece of vital information to recognizing lucrative opportunities in the industry.

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The TOP MARKET PLAYERS that are currently active in the industry: Belden, Inc., Cisco Systems, Inc., CommScope Holding Co., Corning Inc., Furukawa Electric Co., Ltd., Legrand, Nexans S.A., Schneider Electric, Siemon, and TE Connectivity.

These companies have adopted various business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations to maintain market position.

The study provides an in-depth analysis of the dynamic driving and restraining factors, major challenges, and lucrative opportunities. Moreover, the study offers a SWOT analysis that helps understand the restraining and driving factors in the industry. The global Structured Cabling Market report covers an overview of the market and outlines market definition and scope.  

The drivers and opportunities aid in understanding the ever-changing industry trends and how companies can leverage such trends. On the other hand, the challenges and restraints included in the report aid in recognizing lucrative market investments. The global Structured Cabling report offers a quantitative and qualitative analysis of the market. The qualitative study highlights the value chain analysis, pain point analysis, and key regulations.

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The report includes a detailed analysis of the impact of the Covid-19 pandemic on the market. The report covers consumer preferences, trends, and budget impact on the market because of the pandemic. The global Structured Cabling Market is under the influence of technological advancements. The emergence of innovative technologies such as artificial intelligence (AI), cloud computing, big data, Electronics & semiconductors industries, Internet of Things (IoT), and cryptocurrency have a major impact on the global Structured Cabling Market growth. The report helps recognize the role of such advanced technologies in Structured Cabling Market growth.

Browse in-depth TOC on Structured Cabling Market:

>> Pages: 290

>> Tables: 141

>> Charts: 94


Key Market Segments:

By Offering

  • Hardware
    • Cables
      • Copper Cable
      • Fiber Optic Cable
        • Single Mode
        • Multi-Mode
    • Communication Outlets
    • Patch Cords & Cable Assemblies
    • Racks & Cabinets
    • Others
  • Services
    • Installation & Consulting
    • Maintenance & Support
    • Managed Services
  • Software

By Cable Type

  • Category 5E
  • Category 6
  • Category 6A
  • Others

By Industry Vertical 

  • IT & Telecommunications
  • Residential
  • Commercial
  • Government
  • Manufacturing & automation
  • Military & Defense
  • Energy
  • Oil & Gas
  • Others 

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By Region:

1) North America- (U.S., Canada, Mexico)

2) Europe- (Germany, UK, France, Spain, Italy, Rest of Europe)

3) Asia-Pacific- (China, India, Japan, South Korea, Australia, Rest of Asia-Pacific)

4) LAMEA- (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

The analysis of segment and sub-segment is offered in graphical and tabular formats. This study is instrumental to understanding the highest revenue-generating and fasting growing segments of the Structured Cabling Market, which is vital for making strategic investments.

Our Top 3 Reports:

1) Wi-Fi Module Market

2) Mixed Reality Market

3) RFID Sensor Market

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “”Market Research Reports”” and “”Business Intelligence Solutions.”” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Info-graphic view of SSD Controller Market Viewpoint, Competitive Analysis, Development Factors, Current and Future Trends till 2030

The Report Shades a Light on Future and Opportunities in the SSD Controller Industry.

The SSD Controller Market size was valued at $14.12 billion in 2020, and is projected to reach $53.01 billion by 2030, registering a CAGR of 14.4% from 2021 to 2030 according to a new report by Allied Market Research. The report covers an analysis of the major impacting factors and top 10 investment pockets that influence the market growth and new opportunities in the future.

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SSD Controller Market

The recent technological developments and rise in demand have an instrumental effect on the growth of the market. The SSD Controller Market report offers a comprehensive analysis of the market on the basis of various parameters including sales, sales analysis, market size, share, trends, and major driving factors. In addition, the report offers Porter’s five forces model, portfolio and financial analysis, and business overview of services and products. Such statistical tools provide a piece of vital information to recognizing lucrative opportunities in the industry.

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The TOP MARKET PLAYERS that are currently active in the industry: Marvell Samsung, Toshiba, Western Digital, Intel Corporation, Micron Technology, Kingston Technology, SK Hynix, Realtek Semiconductor Corp., and ADATA Technology Inc..

These companies have adopted various business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations to maintain market position.

The study provides an in-depth analysis of the dynamic driving and restraining factors, major challenges, and lucrative opportunities. Moreover, the study offers a SWOT analysis that helps understand the restraining and driving factors in the industry. The global SSD Controller Market report covers an overview of the market and outlines market definition and scope.  

The drivers and opportunities aid in understanding the ever-changing industry trends and how companies can leverage such trends. On the other hand, the challenges and restraints included in the report aid in recognizing lucrative market investments. The global SSD Controller report offers a quantitative and qualitative analysis of the market. The qualitative study highlights the value chain analysis, pain point analysis, and key regulations.

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The report includes a detailed analysis of the impact of the Covid-19 pandemic on the market. The report covers consumer preferences, trends, and budget impact on the market because of the pandemic. The global SSD Controller Market is under the influence of technological advancements. The emergence of innovative technologies such as artificial intelligence (AI), cloud computing, big data, Electronics & semiconductors industries, Internet of Things (IoT), and cryptocurrency have a major impact on the global SSD Controller Market growth. The report helps recognize the role of such advanced technologies in SSD Controller Market growth.

Browse in-depth TOC on SSD Controller Market:

>> Pages: 376

>> Tables: 188

>> Charts: 90


Key Market Segments:

By Form factor

  • 2.5
  • 3.5
  • M.2
  • U.2/SFF 8639
  • FHHL/HHHL

By Interface

  • SATA
  • SAS
  • PCIe

By Technology

  • SLC (Single Level Cell)
  • MLC (Multi Level Cell)
  • LC (Triple Level Cell)
  • 3D

By end user

  • Enterprise
  • Client
  • Industrial
  • Automotive 

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By Region:

1) North America- (U.S., Canada, Mexico)

2) Europe- (Germany, UK, France, Spain, Italy, Rest of Europe)

3) Asia-Pacific- (China, India, Japan, South Korea, Australia, Rest of Asia-Pacific)

4) LAMEA- (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

The analysis of segment and sub-segment is offered in graphical and tabular formats. This study is instrumental to understanding the highest revenue-generating and fasting growing segments of the SSD Controller Market, which is vital for making strategic investments.

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1) Smart Headphone Market

2) Beacon Market

3) IGCT Market

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “”Market Research Reports”” and “”Business Intelligence Solutions.”” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Profitable Strategic Report on Outdoor LED Display Market Business Strategies, Current Insights, Regional Developments, Demand and Forecast to 2030

The Report Shades a Light on Future and Opportunities in the Outdoor LED Display Industry.

The Outdoor LED Display Market size was valued at $6,398.30 million in 2020, and is projected to reach $14,522.40 million by 2030, registering a CAGR of 9.10% according to a new report by Allied Market Research. The report covers an analysis of the major impacting factors and top 10 investment pockets that influence the market growth and new opportunities in the future.

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Outdoor LED Display Market

The recent technological developments and rise in demand have an instrumental effect on the growth of the market. The Outdoor LED Display Market report offers a comprehensive analysis of the market on the basis of various parameters including sales, sales analysis, market size, share, trends, and major driving factors. In addition, the report offers Porter’s five forces model, portfolio and financial analysis, and business overview of services and products. Such statistical tools provide a piece of vital information to recognizing lucrative opportunities in the industry.

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The TOP MARKET PLAYERS that are currently active in the industry: Barco, Daktronics, Inc., Electronic Displays Inc., Galaxia Electronics, Leyard, LG Electronics, Lighthouse Technologies Limited, Panasonic Corporation, Sony Corporation, and Toshiba Tec Corporation.

These companies have adopted various business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations to maintain market position.

The study provides an in-depth analysis of the dynamic driving and restraining factors, major challenges, and lucrative opportunities. Moreover, the study offers a SWOT analysis that helps understand the restraining and driving factors in the industry. The global Outdoor LED Display Market report covers an overview of the market and outlines market definition and scope.  

The drivers and opportunities aid in understanding the ever-changing industry trends and how companies can leverage such trends. On the other hand, the challenges and restraints included in the report aid in recognizing lucrative market investments. The global Outdoor LED Display report offers a quantitative and qualitative analysis of the market. The qualitative study highlights the value chain analysis, pain point analysis, and key regulations.

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The report includes a detailed analysis of the impact of the Covid-19 pandemic on the market. The report covers consumer preferences, trends, and budget impact on the market because of the pandemic. The global Outdoor LED Display Market is under the influence of technological advancements. The emergence of innovative technologies such as artificial intelligence (AI), cloud computing, big data, Electronics & semiconductors industries, Internet of Things (IoT), and cryptocurrency have a major impact on the global Outdoor LED Display Market growth. The report helps recognize the role of such advanced technologies in Outdoor LED Display Market growth.

Browse in-depth TOC on Outdoor LED Display Market:

>> Pages: 268

>> Tables: 96

>> Charts: 58


Key Market Segments:

By Type

  • Surface Mounted
  • Individually Mounted

By Application

  • Billboards
  • Mobile LED Display
  • Perimeter Board
  • Traffic Lights
  • Video Wall
  • Others 

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By Region:

1) North America- (U.S., Canada, Mexico)

2) Europe- (Germany, UK, France, Spain, Italy, Rest of Europe)

3) Asia-Pacific- (China, India, Japan, South Korea, Australia, Rest of Asia-Pacific)

4) LAMEA- (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

The analysis of segment and sub-segment is offered in graphical and tabular formats. This study is instrumental to understanding the highest revenue-generating and fasting growing segments of the Outdoor LED Display Market, which is vital for making strategic investments.

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1) Mobile Phone Accessories Market

2) Industrial Wireless Sensor Network Market

3) Smart Speaker Market

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “”Market Research Reports”” and “”Business Intelligence Solutions.”” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Microalgae Industry Valuation Worth $1.48 billion by 2028, Grow At a CAGR of 5.4% From 2021 to 2028

As per the report published by Allied Market Research, the global Microalgae Market was accounted for $977.3 million in 2020, and is estimated to reach $1.48 billion by 2028, growing at a CAGR of 5.4% from 2021 to 2028.

Rise in vegan population to strengthen product adoption, high protein concentration as compared to counterparts, multiple benefits of microalgal protein drive the growth of the global microalgae market. However, impact on spirulina production due to climate change, presence of large number of alternatives for protein and low product awareness hinder the market growth. On the contrary, technological innovations and algae protein-fortified food are expected to open new opportunities for the market players in the future.

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Top Key Companies Included:

Key players in the Microalgae have adopted product launch and expansion as their key strategies to stay competitive in the market. Key players profiled in the report include include Algenol Biotech, Cellana Inc., Cyanotech Corporation, DIC Corporation, E.I.D Parry ltd, Fuqing King Dnarmsa Spirulina Co. Ltd., Kent BioEnergy Corporation, Taau Australia Pty Ltd., Holdings, Inc., and Astareal AB

Market Drivers And Growth:

The microalgae market is subject to stable growth in the coming years. Growth of the market is attributed to growing application of algal protein in dietary supplements and food industry. Moreover, algal protein is not considered an animal protein source, hence is perfect for consumption among vegan population. Furthermore, microalgae have multiple applications in cosmetics and feed industries. Both feed and cosmetics industry have experienced a surge in growth in the recent decade, which has increased demand for such products on a global level and resulted in increase in demand for microalgae. However, uncertainties in climatic conditions leading to problems in algae production act as restraint for the market growth.

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The microalgae market has been segmented on the basis of type, application, and region. By type, the market is divided into spirulina, chlorella, dunaliella salina, and aphanizomenon flos-aquae. On the basis of application, it is divided into dietary supplements, food/feed, pharmaceutical, cosmetics, and others. Furthermore, it includes revenue generated from sales of Microalgae across North America (the U.S., Canada, Mexico), Europe (Germany, the UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

KEY FINDINGS OF STUDY

  • On the basis of type, the Spirulina segment is projected to witness highest CAGR of 5.9%, in revenue terms during the forecast period.
  • On the basis of application, the food/feed segment is expected to dominate the market from 2021-2028.
  • U.S. was the largest country, in terms of demand for Microalgae in 2020.
  • Asia-Pacific is anticipated to witness highest growth rate, registering a CAGR of 6.7% from 2021 to 2028.

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Based on microalgae market analysis by type, the spirulina segment was the largest segment in 2020, and is expected to remain dominant throughout the forecast period. Growth in this segment is attributed to rise in awareness regarding health & wellness among customers. The spirulina segment was also the fastest growing segment in the type category, and is expected to grow at a CAGR of 5.9% throughout the forecast period.

Check out more related studies published by AMR Research:

Haddock Market 

Red Rice Market

Ashwagandha Extract Market

Grass fed Protein Market

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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HR Analytics Market Valuation Worth USD 11 billion by 2031, At a 16.6% CAGR | In-depth Industry Insights

Scaling need for analyzing data generated through a slew of HR activities including training, employee recruitment, employee engagement, attendance, compensation, and performance management to drive the growth of the global HR analytics market. 

The global HR analytics market was estimated at $2.4 billion in 2021, and is set to reach $11 billion by 2031, growing at a CAGR of 16.6% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.

Major industry players such as – Crunchr, Gaininsights, IBM Corporation, Infor, Kronos Incorporated, Microstrategy Incorporated, Oracle Corporation, Sage group PLC, SAP SE, Sisense Inc, Tableau Software Inc, Talentsoft, Visier Inc, Workday Inc, Zoho Corporation, Zoios, and Legartise.

By Region, North America contributed notably toward the global HR analytics market share in 2021, and is projected to continue its dominance during the forecast period. The region accounted for more than two-fifths of the global market share in 2021. The same region is slated to contribute significantly toward the global market size in 2031. The growth of the regional market over the forecast timeline is due to the escalating demand for HR analytics in the countries such as the U.S. and Canada. However, the Asia-Pacific HR analytics industry is anticipated to record the highest CAGR of 18.9% over 2022-2031. The regional market growth over the projected timespan is owing to an increase in digital transformation and economic growth of the region leading to large-scale acceptance of HR analytics in the Asia-Pacific zone.

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Based on the offering, the solution segment contributed the highest market share in 2021, accounting for more than two-thirds of the global HR analytics market share. Furthermore, the segment is projected to contribute majorly toward the global market share during the forecast period. The growth of the segment during the forecast period can be attributed to the large-scale adoption of HR analytics solutions by HR teams for automating HR processes. However, the services segment will record the highest CAGR of 18.0% during the forecast timeline. The growth of the segment over the assessment period is attributed to a surge in the adoption of professional services for the integration and deployment of HR analytics solutions.

In terms of industry vertical, the BFSI segment contributed to the largest market share in 2021, accounting for more than one-fourth of the global HR analytics market share. Furthermore, the same segment is anticipated to dominate the growth of the global market over the forecast period. The growth of the segment over the assessment period can be due to the rise in the use of HR analytics solutions for employee management activities. However, the retail and e-commerce segment is predicted to record the highest CAGR of 19.8% over the forecast period. The growth of the segment over the forecast timeline can be credited to the ability of HR analytics in automating HR processes.

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The workforce management segment to hold the major market share over 2022-2031On basis of the application, the workforce management segment contributed to the largest market share in 2021, accounting for more than two-fifths of the global HR analytics market share. Furthermore, the same segment is anticipated to dominate the growth of the global market over the forecast period. The growth of the segment over the assessment period is subject to the massive use of HR analytics for enhancing the business decision-making capabilities of a firm. However, the employee segment is predicted to record the highest CAGR of 21.1% over the forecast period. The growth of the segment over the forecast timeline can be credited to the ability of HR analytics in offering insights, visibility, and actionable data of employees to HR for employee retention.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Automatic Content Recognition Market Research Report – Industry Size USD 11.4 billion by 2031, Growing at a CAGR of 18.2%

The global automatic content recognition market is segmented on the basis of offering, platform type, technology, deployment mode, application, enterprise size, industry vertical, content type, and region.

The global automatic content recognition market was pegged at $2.2 billion in 2021, and is estimated to reach $11.4 billion by 2031, growing at a CAGR of 18.2% from 2022 to 2031.

The report is a vital source of information for investors, new entrants, leading market players, and stakeholders in formulating new strategies for the future and taking steps to strengthen their position in the market.

Major industry players such as – ACRCloud, ArcSoft, Audible Magic, Apple, Digimarc Corporation, Google, Gracenote, IBM Corporation, KT Corporation, Kudelski Group, Microsoft Corporation, Nuance Communication, Inc., VoiceBase, Vobile, VoiceInteraction, Beatgrid Media B.V., Clarifai.

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The global automatic content recognition market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America dominated in terms of revenue in 2021, holding more than two-thirds of the market. However, the market across Asia-Pacific is anticipated to register the highest CAGR of 21.5% during the forecast period.

Based on offering, the solution segment held the lion’s share in 2021, accounting for nearly two-thirds of the market. However, the service segment is expected to manifest the highest CAGR of 18.9% during the forecast period.

Based on application, the content management segment is expected to register the highest CAGR of 21.2% during the forecast period. However, the advertisement targeting and pricing segment held the largest share in 2021, accounting for nearly two-fifths of the market.

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Based on technology, the audio and video fingerprinting segment dominated the market in terms of revenue in 2021, accounting for nearly three-fifths of the market. However, the speech recognition segment is projected to register the highest CAGR of 22.0% from 2022 to 2031.

On the basis of platform type, the connected TVs segment held the largest share in 2021, contributing to more than half of the market. However, the OTT applications segment is projected to portray the highest CAGR of 21.0% during the forecast period.

On the basis of deployment mode, the on-premise segment held the largest share in 2021, contributing to nearly three-fifths of the market. However, the cloud segment is anticipated to register the highest CAGR of 19.4% during the forecast period.

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The report analyzes these key players in the global automatic content recognition market. These players have adopted various strategies such as new product launches, expansion, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments of every market player. 

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Human Capital Management Market Size is Projected to Reach USD 51.3 Billion by 2031 – Exclusive Research Report by AMR

Advent of cloud-based HR management software which allowed HR departments to move to the cloud, simplification of HR operations facilitated by human capital management solution, and increase in need for integrated HR suites drive the growth of the global human capital management market.

The global human capital management market generated $21.8 billion in 2021, and is estimated to reach $51.3 billion by 2031, witnessing a CAGR of 9% from 2022 to 2031.

Major industry players such as – ADP, INC., Cornerstone, Epicore Software Corporation, IBM Corporation, INFOR, Workday, Inc., Oracle Corporation, SAP SE, Sumtotal Systems, LLC, and UKG, Inc. 

The report offers a detailed a segmentation of the global human capital management market based on industry vertical, component, deployment mode, enterprise size, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.

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Based on region, the market in North America accounted for nearly two-fifths of the global human capital management market in 2021, and is likely to maintain its leadership status during the forecast period. However, the human capital management market in Asia-Pacific is expected to manifest the highest CAGR of 11.24% from 2022 to 2031. The report also discusses the Europe and LAMEA regions.

Based on industry vertical, the IT and telecom segment held the largest share in 2021, contributing to nearly one-fourth of the global human capital management market, and is likely to maintain its leadership status during the forecast period. However, the healthcare segment is expected to manifest the highest CAGR of 11.96% from 2022 to 2031. The report also mentions the retail and e-commerce, BFSI, travel and hospitality, government, manufacturing, and others segments.

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Based on component, the solution segment held the largest share in 2021, accounting for nearly two-thirds of the global human capital management market, and would rule the roost through 2031. However, the service segment is estimated to witness the fastest CAGR of 9.94% during the forecast period.

Based on enterprise size, the large enterprises segment was the largest in 2021, accounting for over two-thirds of the global human capital management market, and is likely to maintain its leadership status during the forecast period. However, the SMEs segment is expected to manifest the highest CAGR of 10.3% from 2022 to 2031.

Based on deployment mode, the on-premise segment was the largest in 2021, grabbing nearly three-fifths of the global human capital management market, and is likely to maintain its leadership status during the forecast period. The cloud segment, however, is expected to manifest the highest CAGR of 10.2% from 2022 to 2031.

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The report analyzes these key players of the global human capital management market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Network Performance Monitoring Market Size is Anticipated to Reach USD 4.2 billion by 2031, Registering A CAGR of 7.1% from 2022 to 2031

Increase in spending on ICT infrastructure, the rise in demand for efficient network infrastructure, and an increase in internet penetration drive the growth of the global network performance monitoring market. However, increasing erroneous devices and critical metrics, and monitoring over logs of interconnected devices hamper the global market growth. 

Major industry players such as – Broadcom, Inc., Cisco Systems, Inc., Juniper Networks, Inc., Keysight Technologies, Inc., LogicMonitor Inc., Microsoft Corporation, Nagios Enterprises, LLC, Paessler AG, Profitap HQ B.V., and SolarWinds Worldwide, LLC.

The global network performance monitoring market generated $2.1 billion in 2021, and is estimated to reach $4.2 billion by 2031, witnessing a CAGR of 7.1% from 2022 to 2031.

The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

Based on region, Asia-Pacific was the largest market in 2021, capturing nearly half of the global network performance monitoring market share and lead in terms of revenue during the forecast period. The growth of the market can be attributed to the increase in the trend of small and medium scaled enterprises entering IT services, the surge in urbanization, and a high rate of adoption of mobile communication devices in the region. However, the network performance monitoring market in Europe is expected to manifest the fastest CAGR of 7.4% during the forecast period due to the surge in the use of cloud-integrated mobile and online commerce services in the region.

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Based on end user, the cloud service providers segment was the largest market in 2021, contributing to one-third of the global network performance monitoring market, and is expected to maintain its leadership status during the forecast period. However, the IT and telecom service providers segment is projected to witness the fastest CAGR of 7.8% from 2022 to 2031, owing to the significant global growth of the telecommunications sector. The demand for comprehensive visibility of network infrastructure is fueling the expansion of the industry.

Based on component, the hardware segment was the largest market in 2021, contributing to nearly three-fourths of the global network performance monitoring market, and is expected to maintain its leadership status during the forecast period. The same segment is projected to witness the fastest CAGR of 7.5% from 2022 to 2031, due to a rise in network monitoring usage, continuous network services, and an increase in smart home devices.

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Based on enterprise size, the large enterprises segment held the largest market share of more than three-fourths of the global network performance monitoring market in 2021 and is expected to maintain its dominance during the forecast period. The same segment is projected to witness the largest CAGR of 7.6% from 2022 to 2031. This is because these enterprises often manage huge data on servers and platforms with well-equipped and maintained network infrastructure. They also take benefit from centralized cloud-based network systems to monitor a large number of offices and business divisions from headquarter locations, which facilitates increased adoption and growth for network performance monitoring.

The report analyzes these key players of the global network performance monitoring market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

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Mindfulness Meditation Application Market Valuation Worth USD 307.1 Million by 2031, At a CAGR 12.4% – Report by Allied Market Research

Rise in application of sensor technology and smartwatches, growing awareness related to stable mental health along with increasing government initiatives promoting yoga and meditation drive the growth of the global mindfulness meditation application market. 

Key market players such as – include Calm.com, Inc., Headspace, Inc., Inner Explorer, Inc., Meditation Moments B.V., Mindfulness Everywhere Ltd., Simple Habit, Inc., Smiling Mind, Stop, Breathe, & Think PBC, Ten Percent Happier and The Mindfulness App. 

The global mindfulness meditation application market generated $97.6 million in 2021, and is anticipated to generate $307.1 million by 2031, witnessing a CAGR of 12.4% from 2022 to 2031.

Based on region, Asia-Pacific held the highest market share in terms of revenue in 2021, accounting for nearly half of the global mindfulness meditation application market, and is likely to dominate the market during the forecast period. In addition, the same region is expected to witness the fastest CAGR of 12.7% from 2022 to 2031. With the presence of mystic gurus and spiritual cultures established in the South Asian region from ancient times, there is expanding demand for the mindfulness meditation application market. The report also discusses regions including the North America, Europe, and LAMEA.

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Based on deployment model, the cloud based segment held the highest market share in 2021, accounting for more than two-thirds of the global mindfulness meditation application market, and is estimated to maintain its leadership status throughout the forecast period. Moreover, the same segment is projected to manifest the highest CAGR of 13.1% from 2022 to 2031, due to rise in disposable income and growth in demand for new designs. A cloud mindfulness meditation application is a virtual portal that runs in a cloud computing environment rather than a physical server. It is created, hosted, and provided online using a cloud computing infrastructure that can be accessed remotely. This factor drives the segment. The report also analyzes the on-premises segment.

Based on operating system, the Android segment held the highest market share in 2021, accounting for more than half of the global mindfulness meditation application market, owing to huge demand for android users in developing nations. However, the iOS segment is estimated to maintain its leadership status throughout the forecast period, and is projected to manifest the highest CAGR of 13.1% from 2022 to 2031. This type of operating system is widely popular in rich economies, as iOS users come from developed countries and those with economic affluence. The growing trend towards spirituality has also enabled Apple Inc. to recently develop its own health and fitness application. 

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Based on service type, the free segment accounted for the largest share in 2021, contributing to nearly four-fifths of the global mindfulness meditation application market, and is projected to maintain its lead position during the forecast period. Free application services mean applications that have zero purchase or subscription models. The demand for such applications is more as customers can download with zero thresholds and later on delete it or customize it with zero down payments. However, the paid segment is expected to portray the largest CAGR of 14.6% from 2022 to 2031, attributed to rise in disposable income and demand for premium quality service.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Decentralized Identity Market Research Report USD 77.8 Billion by 2031, at a CAGR of 87.9% – Says Allied Market Research

Rapid incidences of cybersecurity problems and other fraudulent activities in the banking sector, rapid adoption of mobile device applications and platforms, and rise in applications of blockchain identity solutions in banks are expected to drive the growth of the global decentralized identity market.

The global decentralized identity market generated $156.8 million in 2021, and is projected to reach $77.8 billion by 2031, growing at a CAGR of 87.9% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape, and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners, and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.

The report offers detailed segmentation of the global decentralized identity market based on type, enterprise size, end-user, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on the fastest growing segments and highest revenue generation that is mentioned in the report.

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Key market players such as – 1Kosmos, Accenture, Avast, Civic Technologies, DragonChain, Finema, Hu-manity co., Microsoft Corporation, Nuggets, NuID, Persistent Ltd., Ping Identity, R3, SecureKey Technologies, Serto, ValidatedID, and Wipro Corporation.

Based on region, the market across North America held the largest market share in 2021, holding more than two-fifths of the global market. The Asia-Pacific region, on the other hand, is expected to maintain its leadership status during the forecast period. In addition, the same segment is expected to cite the fastest CAGR of 96.0% during the forecast period.

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Based on enterprise size, the large enterprises segment held the largest market share in 2021, holding nearly four-fifths of the global decentralized identity industry, and is expected to maintain its leadership status during the forecast period. The SMEs segment, on the other hand, is expected to cite the fastest CAGR of 92.5% during the forecast period.

Based on end-user, the enterprises segment held the largest market share in 2021, holding more than four-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The individual segment, on the other hand, is expected to cite the fastest CAGR of 95.1% during the forecast period.

Based on type, the biometrics segment held the dominating market share in 2021, holding more than two-thirds of the global market, and is expected to maintain its leadership status during the forecast period. The non-biometrics segment, on the other hand, is expected to cite the fastest CAGR of 91.3% during the forecast period.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.