Month: August 2021

Categories
Pharmaceutical

Increasing Ageing Population Is Major Factor For Boosting Demand Of Atrial Fibrillation Stroke Treatment Market

Fact.MR, global research & consulting firm, in their updated edition of the report, indicated that the atrial fibrillation stroke treatment market is slated to expand as a faster rate in 2021 and beyond. The growth can be primarily attributed to an increment in the patient pool due to several lifestyle ailments as well as an increasing elderly population. The objective of the report is to highlight the factor affecting the demand and sales of the Atrial Fibrillation Stroke Treatment across the healthcare industry. 

Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Atrial Fibrillation Stroke Treatment Market. The atrial fibrillation stroke treatment report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth. Each segment along with its sub-segment is analysed in terms of value and volume. Further, the atrial fibrillation stroke treatment report elaborates the market behaviour of each vendor operating in the atrial fibrillation stroke treatment market. 

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How Persistent Atrial Fibrillation Stroke will contribute to the Industry Growth?
The atrial fibrillation stoke in persistent condition has become the most common condition where rapid and erratic heartbeat last for longer timeframe in contrast to paroxysmal. The better treatment in such cases are anticoagulant or antiarrhythmic drugs that assist to reinstate regular heart beats and avert blood clots, therefore fueling product demand. Also, as it last for longer days of about 7 or more days since the patient requires more care and enhance atrial fibrillation stroke treatment techniques, reflects that patient could get established more effortlessly.

Furthermore, adoption of atrial fibrillation in paroxysmal condition is growing rapidly which in turn is boosting industry growth. Paroxysmal atrial fibrillation stroke occurs in case of irregular and when heart rate starts and stops suddenly on its own in a few days.

Atrial Fibrillation Stroke Treatment Market: Segmentation
Tentatively, the global Atrial Fibrillation Stroke Treatment market can be segmented on the basis of product type, filling mechanism, and end-user geography.

Based on Atrial Fibrillation Stroke Type, the global Atrial Fibrillation Stroke Treatment market is segmented as:

  • Paroxysmal Atrial Fibrillation Stroke
  • Permanent Atrial Fibrillation Stroke
  • Persistent Atrial Fibrillation Stroke

Based on product type, the global Atrial Fibrillation Stroke Treatment market is segmented as:

  • Medications Atrial Fibrillation Stroke Treatment
  • Anti-arrhythmics Atrial Fibrillation Stroke Treatment
  • Beta Blockers Atrial Fibrillation Stroke Treatment
  • Blood Thinners Atrial Fibrillation Stroke Treatment
  • Surgery
  • Electrophysiology Studies (EPS) Atrial Fibrillation Stroke Treatment
  • Cardioversion Therapy Atrial Fibrillation Stroke Treatment

Based on end user, the global Atrial Fibrillation Stroke Treatment market is segmented as:

  • Hospital
  • Ambulatory Surgery Center
  • Specialty Clinics

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Pertinent aspects this study on the Atrial Fibrillation Stroke Treatment market tries to answer exhaustively are:

  • What is the forecast size (revenue/volumes) of the most lucrative regional market?
  • What is the share of the dominant product/technology segment in the Atrial Fibrillation Stroke Treatment market?
  • What regions are likely to witness sizable investments in research and development funding?
  • What are Covid 19 implication on Atrial Fibrillation Stroke Treatment market and learn how businesses can respond, manage and mitigate the risks?
  • Which countries will be the next destination for industry leaders in order to tap new revenue streams?
  • Which new regulations might cause disruption in industry sentiments in near future?
  • Which is the share of the dominant end user?
  • Which region is expected to rise at the most dominant growth rate?

Atrial Fibrillation Stroke Treatment Market: Market Participants
The global market for atrial fibrillation stroke treatment is highly fragmented. Examples of some of the key players operating in the global atrial fibrillation stroke treatment market are Boehringer Ingelheim International GmbH, Johnson & Johnson Services, Inc., Bayer AG, Daiichi Sankyo Company Limited, Bristol-Myers Squibb Company, Gilead and Pfizer Inc., among others.

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

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Explore Fact.MR’s Coverage on the Biospace Domain
Arrhythmogenic Right Ventricular Dysplasia Treatment Market: A recent study by Fact.MR on arrhythmogenic right ventricular dysplasia treatment market offers indepth insights about the prominent growth dynamics that are likely to aid expansion of growth prospects in the near future.

Hyperkalaemia Treatment Market: Fact. MR’s extensive coverage on hyperkalaemia treatment market offers in-depth insights about the prominent growth dynamics that are likely to aid expansion of growth prospects in the near future.

Atherosclerotic renovascular treatment Market: Fact.MR’s expansive Atherosclerotic renovascular treatment market report sheds light on the prominent dynamics expected to shape future growth.

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Categories
Pharmaceutical

Assisted Living Market Growing Popularity and Emerging Trends in the Industry Analysis by Key Players

The objective of the report is to highlight the factor affecting the demand and sales of the Assisted Living Market across the healthcare industry.

Assisted Living is for the older grownup who wishes to live separately after their retirement. But older individuals require some help to carry out a couple of of the day-to-day activities such as dressing, bathing, medication suggestion and transport which is offered under the assisted living. Older individuals have the liberty to live their own suites and buddy under the nursing home. Another home tasks such as cooking and laundry are likewise consisted of under the assisted center.

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Living areas such as specific spaces, homes, and a shared quarter are offered by the assisted living business to older individuals. Assisted living centers are typically home-like setting and are physically developed to promote the local’s self-reliance. Companies who supply the nursing home sign a contract contract with the person that lodging, individual care, health care and service assistance. This contract of assisted living likewise consisted of the time duration of contact and expense of service fee by the service offered.

Report Benefits & Key Questions Answered

  • Assisted Living Historical Market Outlook: The market intelligence survey report discloses the demand and sales projections of Assisted Living over the last forecast period 2016 to 2020.
  • Post Impact of COVID on the Assisted Living Market: The pharmaceutical industry has been largely influenced by COVID-19 pandemic. The Fact.MR market survey assesses how current trends that will influence expenditure on Assisted Living, thus affecting the market growth.
  • Assisted Living Market Trend Analysis: The report provides in-depth overview of the past, recent, and upcoming trends in the Assisted Living market to assist the businesses to formulate their strategies for expansion.
  • Assisted Living Category & Segment Level Analysis: Fact.MR’s category & segment level analysis provides insights into Assisted Living sales outlook on lucrative and nascent product types. The report assists the market players to identify potential remunerative segments and set sales targets at local, country, and regional level

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Assisted Living Market: Segmentation
The international Assisted Living market is categorized on the basis of service type, center type, and area. 

Based on service type Assisted Living market is segmented into following:

  • Cooking
  • Personal Care (Bathing and Dressing)
  • Housekeeping and Laundry
  • Monitoring Medication
  • Others 

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Based on center type Assisted Living market is segmented into following:

  • Adult Family Home
  • Community-Based Residential Facility
  • Residential Care Apartment Complex
  • Assisted Living Market: Overview

The assisted living market is anticipated to acquire the supreme traction over the projection duration due to the increasing number of geriatric population. According to the United Nations, in 2017 there were 962 million individuals with above 60 aged are residing in the world. It was approximated that presently 13% of world population is geriatric and it is forecasted that around 25% of the world population will be geriatric by 2050. During the older age, the possibility of cardiovascular disease, orthopedic condition, diabetes, and others illness are really high requirement individual care towards the person. Complete attention towards the person is offered in the assisted living which has actually increased its value for senior care.

Assisted Living Market: Regional Overview
North America is the most lucurative market for assisted living due to high adoption of assisted living amongst the geriatric population in the U.S. and Canada. Europe is the 2nd most financially rewarding area for the assisted living market due to the schedule of beneficial compensation circumstance in the bulk of European nations. Asia-Pacific is the fastest growing area for assisted living market owing to a high population of older individuals in counties like in India, China, and Japan. Latin America and the Middle East Africa area are the least financially rewarding for assisted living market due to absence of awareness and unaffordability amongst the geriatric population about the assisted living.

Assisted Living Market: Key Players
Some of the key players discovered throughout the worth chain of Assisted Living are Siemens AG, Honeywell International Inc., ABB Group, Panasonic Corporation, United Technologies Corporation, Assisted Living Technologies, Inc., Ingersoll Rand Plc, Legrand S.A., Gnomon Informatics Inc., Televic Healthcare N.V., Telbios SRL, Atria Senior Living, Brookdale Senior Living, Emeritus Corporation, Extendicare, Inc., Genesis Healthcare, Golden Living, HCR Manor Care, Inc., Merrill Gardens, Sunrise Senior Living, Inc.

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Hospital Asset Management Market: Delve into Fact.MR’s extensive study on the hospital asset management market, offering detailed assessment. The study analyses crucial trends that are currently determining, and those which are expected to shape future expansion trajectory, shedding light on the vital dynamics such as drivers, restraints and opportunities.

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Categories
Pharmaceutical

Biotechnology Industry Is Creating Sales Growth Opportunities For Animal Probiotics Market In Near Future

Fact.MR has adopted multi-disciplinary approach to shed light on the Animal Probiotics during the historical period. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year, and key prospects over the forecast period 2020-2028. The insights and analytics on the Animal Probiotics Market span several pages. These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment, end-use/application prospects analysis, and competitive landscape assessment.

Animal probiotics is widely accepted today, and the rapidly advancing technology related to molecular biology and gene sequencing is aiding researchers dig deep to explore novel probiotic applications for animals, such as in consumer-packaged health products and in feed for companion pets. Over time, livestock and cattle farmers have increased the adoption of animal probiotics for commercial animal feed for poultry and cattle to change the gastrointestinal flora, which continues to trigger the sales of animal probiotics, impacting the animal probiotics market in a positive way.

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Animal Probiotics Market: Segmentation
The global animal probiotics market can be segmented on the basis of drug type, distribution channel and geography.

Based on product type, the global animal probiotics market is segmented as:

  • Nutrition Supplements
  • Food Supplements

Based on form type, the global animal probiotics market is segmented as:

  • Dry
  • Liquid

Based on bacteria type, the global animal probiotics market is segmented as:

  • Lactobacillus
  • Thermophiles
  • Streptococcus
  • Bifidobacteria
  • Others

Based on animal type, the global animal probiotics market is segmented as:

  • Companion Animals
    • Cats
    • Dogs
    • Horse
  • Farm Animals
    • Ruminants
    • Swine
    • Poultry

Based on distribution channel, the global animal probiotics market is segmented as:

  • Veterinary Hospitals
  • Veterinary Clinics
  • Pharmacies & Drug Stores
  • Others

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After reading the Animal Probiotics Market report, readers get insight into:

  • Major drivers and restraining factors, opportunities and challenges, and the competitive landscape
  • New, promising avenues in key regions
  • New revenue streams for all players in emerging markets
  • Focus and changing role of various regulatory agencies in bolstering new opportunities in various regions
  • Demand and uptake patterns in key industries of the Animal Probiotics Market
  • New research and development projects in new technologies in key regional markets
  • Changing revenue share and size of key product segments during the forecast period 2020-2028.
  • Technologies and business models with disruptive potential

Animal Probiotics Market: Regional Outlook
Geographically, the global animal probiotics market is segmented into North America, Latin America, Europe, Asia-Pacific excluding Japan (APEJ), Japan and the Middle East & Africa (MEA). Asia Pacific is expected to be the dominant market in the global animal probiotics market owing to the presence of a large number of consumers in this region. Increasing disposable income and increased middle class population are among factors driving the Asia Pacific animal probiotics market. Europe is expected to have a second-largest share in the global animal probiotics market throughout the forecast period due to a ban on the usage of antibiotics that promote the growth of animals, which has boosted the demand for animal probiotics. Middle East and Africa accounts for significant growth owing to the increased demand for meat and meat-related products. North America accounts for moderate growth owing increasing concerns of owners regarding their animals as well as increasing awareness about healthcare.

Animal Probiotics Market: Key Players
The global market for opioid withdrawal treatment is highly fragmented. Some of the key players operating in the global opioid withdrawal treatment market are Mystical Biotech Pvt Ltd., LALLEMAND Inc., ProbioFerm, ProVen Probiotics, Vit-E-Men Company, Vets Plus, Inc, among others.

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

Browse More Reports by Fact.MR:  https://www.biospace.com/article/bloch-sulzberger-treatment-demand-prompted-by-mounting-number-of-medical-cases-exhibiting-symptoms-of-bloch-sulzberger-syndrome-opines-fact-mr/

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Cervical Dysplasia Diagnostics Market: A recent study by Fact.MR on the cervical dysplasia diagnostics market offers a 10-year forecast analysis for the period 2018 to 2028. The study analyzes key trends that are currently determining the growth of the market.

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Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-158

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
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Categories
Pharmaceutical

Treatment Of Skin Related Issues Expected To Triggered The Demand Of Aesthetic Wellness Market

The comprehensive market analysis conducted by Fact MR on the Aesthetic Wellness market provides crucial information regarding the factors affecting the market growth over the forecast period. The report discloses insights into Aesthetic Wellness demand outlook in terms of (procedure type), (Regions), and (end user). It also highlights recent development and ongoing trends in the Aesthetic Wellness market

The demand for aesthetic wellness services is increasing rapidly with time to improve the physical appearance and treatment of skin disorders. Aesthetic wellness services include non-invasive and minimally invasive cosmetic procedures. Aesthetic wellness and cosmetic surgery is an exciting field and a new trend in modern medicine. Nowadays, people not only want to be healthy as well as wants to look fit, want to live life at fullest and also to reduce the effects of normal aging. Aesthetic wellness products and services focus on refining cosmetic appearance through the treatment of conditions skin disorder and aging problems. Aesthetic wellness services are provided for different are of the body such as the face, neck, head and different areas of the body.

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Aesthetic Wellness Market: Drivers and Restraints-
Increasing demand for aesthetic products and services for treatment of skin related issues expected to favors the growth of the aesthetic wellness market. However, potential health risk associated with procedures and poor reimbursement scenario expected to hamper the growth of the aesthetic wellness market. Some the factor such as lesser side effects associated with laser therapy, increasing aging population are expected to drive the growth of the aesthetic wellness market. Increasing number of skin problems, burn injury cases are propelling the growth of the aesthetic wellness market. Increasing disposable income, lifestyle changes expected to favor the growth of the aesthetic wellness market. Moreover, increasing demand for the non-invasive procedures and minimally invasive surgeries boost up the growth of the aesthetic wellness market. Products such as Botox are two major non-invasive procedures that register high demand among end users. Continuous product innovation and increasing demand for procedures directly impact the growth of the aesthetic wellness market.

Aesthetic Wellness Market: Segmentation
On the basis of procedure type, aesthetic wellness market can be segmented as:

  • Surgical Procedures
    • Skin Tightening and Body Contouring
    • Facial contouring
    • Facial rejuvenation
    • Others
  • Non-Surgical Procedure
    • Dermabrasion and Microdermabrasion
    • Dermal Fillers
    • Botox
  • Reconstructive Procedures
    • Breast Enhancement
    • Tissue expansion
    • Burn repair surgery
    • Others
  • Laser treatment
  • Hair Removal
  • Others

On the basis of end user, aesthetic wellness market can be segmented as:

  • Hospitals
  • Dermatology Clinics
  • Spas and Beauty Centers
  • Skin & Laser Surgery Centers

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Report Benefits & Key Questions Answered

  • Aesthetic Wellness Historical Market Outlook: The market intelligence survey report discloses the demand and sales projections of Aesthetic Wellness over the last forecast period 2016 to 2020.
  • Post Impact of COVID on the Aesthetic Wellness Market: The pharmaceutical industry has been largely influenced by COVID-19 pandemic. The Fact.MR market survey assesses how current trends that will influence expenditure on Aesthetic Wellness, thus affecting the market growth.
  • Aesthetic Wellness Market Trend Analysis: The report provides in-depth overview of the past, recent, and upcoming trends in the Aesthetic Wellness market to assist the businesses to formulate their strategies for expansion.
  • Aesthetic Wellness Category & Segment Level Analysis: Fact.MR’s category & segment level analysis provides insights into Aesthetic Wellness sales outlook on lucrative and nascent product types. The report assists the market players to identify potential remunerative segments and set sales targets at local, country, and regional level.

Aesthetic Wellness Market: Key Market Participants
Example of some service provider participants in global aesthetic wellness market identify across the value chain are Sincere Healthcare Group Pte Ltd., Aesthetic & Wellness Solutions, Global Wellness Group, SANTÉ Aesthetics and Wellness, Naples Aesthetics & Wellness Institute, Amethyst Wellness, Nu Image Aesthetics & Wellness Institute, Sage Aesthetics & Wellness, LLC, Florida Aesthetics and Wellness, IRevive Health & Wellness and others.

Aesthetic Wellness Market: Region-wise Outlook
In terms of geography, the market has been divided into seven regions including North- America, Eastern Europe, Western Europe, and Asia- Pacific excluding & Japan (APEJ), Japan, Middle-East & Africa, and Latin America. North America is the most dominating market for Aesthetic Wellness market due to higher demand for aesthetic wellness services as compared to other region and increasing number of cosmetic surgeries. Western European expected to contribute the second largest revenue share in aesthetic wellness market owing to rising demand for skin care services and better lifestyle.

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Next Generation Wound Closure Device Market: Fact.MR’s incumbent study on the next generation wound closure device market brings to the fore important growth dynamics which are expected to shape future expansion trajectory for the decade until 2031.

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Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-158

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

Categories
Business

Custom Foot Orthotic Insoles Continue to Account for Greater Revenue Share Owing to the Clinically Proven Benefits : Report Fact.MR

Factors such as obesity, and changing lifestyle are fueling the prominence of bone-related disorders including, osteoarthritis, rheumatoid arthritis, and juvenile arthritis. Sudden collapses due to weakened sensory capabilities of the foot are the primary reason of injuries among the geriatric cohort. The same is applicable for individuals having diabetes.

Foot orthotic insoles are beneficial in foot alignment, or unload points of pain and pressure. As per the Fact.MR’s study, the worldwide sales of foot orthotic insoles will surpass US$ 4 Bn in 2026. Technological advancements, spurred by upsurge in R&D projects, are expected to remain critical in shaping market growth in the coming years. Notable shift towards online sales channels would further boost value creation.

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Key Segments Covered of the Foot Orthotic Insoles Market

  • Product
    • Prefabricated
    • Custom
      • Rigid/Function Orthotic Insoles
      • Soft/Accommodative Insoles
  • Age Group
    • Adult
    • Pediatric
  • Application
    • Sports & Athletics
    • Medical
    • Personal Comfort
  • Material
    • Thermoplastics
    • Polyethylene Foams
    • Leather
    • Cork
    • Composite Carbon Fibers
    • EVA
    • Gel
    • Others
  • End User
    • Prefabricated
      • Adult
      • Pediatric
    • Custom
      • Adult
      • Pediatric
  • Distribution Channel
    • Drug Stores
    • Hospitals & Specialty Clinics
    • Online Stores
    • Others
  • Region
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia
    • Oceania
    • Middle East & Africa (MEA)

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foot orthotic insoles market 2

Key Takeaways of Foot Orthotic Insoles Market

  • Custom foot orthotic insoles continue to account for greater revenue share as they possess clinically proven benefits over prefabricated products.
  • Adults are set to be the primary customers of foot orthotic insoles, capturing around 70% of total market value; adoption among pediatrics to slide gradually.
  • Rise in caseloads of diseases – diabetes, foot ulcers, and arthritis – is fueling the application of foot orthotic insoles for medical purposes.
  • Hospitals & specialty clinics translate to greater sales of foot orthotic insoles, owing to presence of skilled professionals and proper healthcare infrastructure.
  • North America would continue its hegemony, attributable to tech-driven advancements in healthcare industry, and conducive government policies; APAC’s market to emerge as fastest-growing.

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“Manufacturers are exploring new substrates such as thermoplastics and carbon composite fibers to develop foot orthotic insoles. Further, they are employing innovative technologies including, 3D bioprinting, and computer-aided fixation of foot orthotic insoles, as they offer benefits of decreased complications, and better shelf life”, says Fact.MR analyst.

Manufacturers to Target Custom Foot Orthotics Insoles for Better Margins

As the healthcare sector undergoes tech-enabled transformations, customers are expecting a greater level of customization in foot orthotic insoles. Custom foot orthotics insoles are specifically designed to fit perfectly to the feet of the customers, providing support and comfort. They are manufactured after a thorough evaluation of the foot structure of the customer.

Custom foot orthotic insoles are effective in relieving conditions such as lower back pain, leg fatigue, heel pain/plantar facilities, and other foot conditions associated with diseases including, diabetes and arthritis. For instance, according to PLOS ONE, custom- made foot orthotic insoles decrease tibial and head acceleration rates versus the prefabricated variant.

Market players putting greater emphasis on product customization will be well placed to significantly increase margins, revenue, and profit.

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Looking for More Valuable Insights?

Fact.MR, in its recent study, offers an extensive analysis of the foot orthotic insoles market, offering historical demand data and projection figures for the period, 2020-2026. The study highlights key insights on foot orthotic insoles on the basis of product (Prefabricated, and Custom), user age group (Adult, and Pediatric), application (Sports & Athletics, Medical, and Personal Comfort), distribution channel (Drug Stores, Hospitals& Specialty Clinics, Online Stores, and others) and across key regions (North America, Europe, Asia Pacific (APAC), Latin America, and Middle East & Africa (MEA)).

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in the US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have in our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.comContent Source: https://www.factmr.com/media-release/1420/global-foot-orthotic-insoles-market

Categories
Business

North America Is Expected to Retain Market Hegemony With Respect to 4 Way Foley Catheters : Fact.MR’s Study

Big data and analytics will drive patient outcomes in a big way, and the coming years will witness a growing emphasis on healthcare service providers in the business of gathering and processing patient health data. Creating outcome-oriented financial models to maximize reimbursements in value-based healthcare will be a strategic shift from the traditional fees-for-services model. This implies that pharmaceutical companies will need to devise appropriate measures to optimize costs and improve the quality of patient care.

The recent study by Fact.MR on foley catheters market offers a 7-year forecast between 2020 and 2027. The study analyzes crucial trends that are currently determining the growth of foley catheters market. Neurological disorders such as multiple sclerosis, cerebral palsy, spinal trauma and strokes also generate urological disorders, which in turn is leveraging the demand for foley catheters. On the back of these demand trends, the foley catheter market is set to experience steady growth during the forecast period (2020-2027), registering a CAGR of 5.9%.

“The global foley catheters market is set to register positive growth during the forecast period. Growing incidence of urological diseases is pushing leading market players to invest in research and development of new catheters, which is expected to drive future growth,” concludes a Fact.MR analyst.

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Foley Catheters Market segmentation

Fact.MR has studied the foley catheters market with detailed segmentation on the basis of product, material, end-users and key regions.

Product
  • 2 way catheters
  • 3 way catheters
  • 4 way catheters
Material
  • Latex
  • Silicone
End-users
  • Hospitals
  • Long-term Care Facilities
  • Others
Key Regions
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Full Access of this Exclusive Report is Available at-
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Key Takeaways of Foley Catheter Market Study

  • 2-way catheters are anticipated to hold a major chunk of the foley catheter market share, comprising more than three-quarters of the total market. Greater flexibility, long-term usage and easy drainage of urine are attributed as key drivers behind the segment’s growth.
  • Latex-based catheters shall find maximum usage among urologists during the forecast period. This is because latex catheters are coated with hydrogel silicone, silicone elastomer and PTFE teflon material which reduce urethral irritation and encrustations. They also lower surface friction and improve patient comfort. The segment is expected to expand at a CAGR of 5.8%.
  • However, Silicone-based catheters are set to be leveraged, owing to their longevity and reduced risk of urinary tract infections when inserted. The segment is expected to register an impressive CAGR of 7.5% during the forecast period.
  • North America is expected to retain market hegemony with respect to foley catheters. Increased prevalence of diseases like Benign Prostate Hyperplasia (BPH) is expected to drive market expansion. The region is set to account for almost half of the total foley catheters market.
  • Asia-Pacific shows promising growth prospects for the foley catheters market, projecting a staggering CAGR of 6.7%. Increasing geriatric population and entry of leading market players are anticipated to boost market share of foley catheters in Asia-Pacific.

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foley catheters market analysis and forecast by material

Product Launches to Remain Key Growth Lever by Players

The prominent market players in the foley catheter market are C.R. Bard (Becton, Dickinson & Company), Coloplast Corp, Cardinal Health, Inc., Bactiguard and Cook. These companies are constantly involved in developing new catheters to address growing urological problems. Cardinal Health offers latex foley Catheters which include hydrogel coated, silicone and silicone elastomer coated catheters. Examples of such catheters are the DoverTM Hydrogel Coated Latex Foley Catheters (5 mL 2-way, 30 mL 2-way. 5 mL 3-way and 30 mL 3-way).

Coloplast Corp offers catheter products such as the Folysil 2-way Coude Indwelling Catheter, the Folysil 2-way Open Tip Indwelling Catheter, Semi-rigid Latex Foley Catheters and Soft Latex Foley Catheters. The company focuses on research and development activities to broaden its portfolio by manufacturing innovative products. Another important market player, Bactiguard, manufactures foley catheters which include products such as BIP latex foley Catheters, BIP pediatric latex foley Catheter and BIP silicone foley atheter.

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Following Questions Answers Covered in the Report are:

  • How will the global Foley Catheters Market perform during the forecast period? What will be the market size in terms of value and volume?
  • Which segment will drive the global Foley Catheters Market? Which regional market will show extensive growth in the future? What are the reasons?
  • How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
  • What are the key strategies adopted by players to sustain themselves in the global Foley Catheters Market?
  • How will these strategies influence the market growth and competition?

Looking for more information?

The research study on the foley catheters market by Fact.MR incorporates an unbiased assessment of key factors and trends responsible for shaping the landscape of the global foley catheters market over 2020-2027. It includes a detailed assessment of key parameters that are anticipated to exert influence during 2020-2027. Market statistics have been presented on the basis of Product (2 way catheters, 3 way catheters and 4 way catheters) Material (Latex & Silicone) and End-user (Hospitals, Long-term Care Facilities and Others) across five major regions.

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in the US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have in our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.comContent Source: https://www.factmr.com/media-release/1411/global-foley-catheters-market

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Business

Luxturna Gene Therapy will Surpass US$ 5 Bn by 2026, Exhibiting a Stellar Growth Rate

170 Pages of Market Research Survey Report Published by Fact.MR, A Market Research and Competitive Intelligence Provider Highlights Key Factors Driving the Growth of
Gene Therapy Market Over the Forecast Period 2021-2026

The Fact.MR study on the Gene Therapy market offers insights into key factors affecting market growth trajectory. The survey report reveals insights into drivers propelling the demand outlook in terms of Product, Application , and Region. The report also highlights the scope of Gene Therapy over the assessment period

Gene therapies have emerged as a promising treatment approach to address various diseases such as cancer, and certain inherited disorders with a single curative dosage. Although they are poised to ensure cost savings in the long run, their high initial expenses and uncertainties regarding their prolonged efficacy are an existing challenge for market players. The global gene therapy market revenue will surge over 3X over 2020-2026.

Government agencies including, the Food and Drug Administration (FDA), and the European Medicines Agency (EMA), have approved the usage of drug – Kymriah, and Yescarta – to treat elapsed/refractory B-cell Acute Lymphoblastic Leukemia (ALL), and diffuse large B-cell lymphoma (DLBCL). However, the market uptake of both these gene therapy products have been below par.

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Despite the ongoing issues, the worldwide revenue of gene therapy market will surpass US$ 5 Bn by 2026, exhibiting a stellar growth rate. At-scale investments in the field of gene-related R&D, and increasing number of late-stage gene therapy candidates in oncology and other genetic disorders are likely to oil the growth engine.

Gene Therapy Market Segmentation

The Fact.MR study scrutinizes the global gene therapy market on the basis of product, application and key regions.

Product
  • Yescarta
  • Kymriah
  • Luxturna
  • Strimvelis
  • Gendicine
Application
  • Ophthalmology
  • Oncology
  • Adenosine Deaminase?Deficient Severe Combined Immunodeficiency (ADA-SCID)
Region
  • The US
  • Europe
  • Rest of World

Full Access of this Exclusive Report is Available at-
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Key Takeaways of the Gene Therapy Market:

  • In terms of revenue, Yescarta holds prominence in the gene therapy market, while Luxturna stays ahead in terms of annual growth rate.
  • Over half of gene therapy research studies are focused on the field of oncology, attributable to notable rise in caseloads of various cancer types.
  • The US currently represents the most lucrative opportunities in the gene therapy market; while Europe is expected outpace the region towards the end of forecast period.
  • Fast uptake of regulatory bodies in the US and Europe for approval and commercialization of gene therapy products are likely to propel market growth.

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“Cancer types including, DLBCL, and acute lymphoblastic leukemia (ALL) are among the major causes of mortalities across the globe, especially in developed regions. Realizing the immense potential of gene therapy in treating rare diseases, governments are investing in gene therapy treatment centers to increase access to enhanced patient pool”, Says an Analyst at Fact.MR.

Market Players to Establish Proprietary Manufacturing Units

Amidst rising pool of patients suffering from cancer, governments, biopharmaceutical companies, and research institutes are significantly driving their attention towards gene-centric R&D projects. This is setting high hopes for gene therapy market players. However, as a response to increasing costs and delays associated with pulling in third-party contract manufacturers, leading market players are establishing proprietary manufacturing plants.

For instance, Novartis AG has invested US$ 500 Mn to set up its own gene therapy manufacturing facility, following Pfizer Inc. which has allocated US$ 600 Mn for the same. Such a tactic will help manufacturers safeguard proprietary production techniques and deal with concerns issued by regulatory authorities more efficiently.

As third-party contract manufacturers house limited production capacity for upcoming gene therapy methods under development stage, internal manufacturing units in the long run is an imperative for gene therapy market players.

For More Insights
https://www.biospace.com/article/technological-developments-coupled-with-improved-healthcare-infrastructure-are-key-in-pushing-growth-of-global-atrial-fibrillation-market-finds-fact-mr/

Looking for more information?

The research study on the gene therapy treatment market by Fact.MR includes an in-depth analysis of major demand-driving factors and trends and a comprehensive evaluation of crucial aspects that are projected to carve the growth of the gene therapy market during 2020–2026.

Market statistics have been elucidated based on product (Yescarta, Kymriah, Luxturna, Strimvelis, and Gendicine), application (Ophthalmology, Oncology, and Adenosine Deaminase-deficient Severe Combined Immunodeficiency (ADA-SCID)) and across key regions (The US, Europe and Rest of World).

Explore Fact.MR’s Coverage on the Healthcare Domain

Laser Cancer Therapy Market: A recent study by Fact.MR on the Laser Cancer Therapy Market offers a 5-year forecast analysis for the period 2017 – 2022. The study analyzes key trends that are currently influencing the growth of the market. This report covers key dynamics, including drivers, restraints, and opportunities for leading market players along with key stakeholders and emerging players.

Cancer Immunotherapy Market: Fact.MR’s extensive coverage of the Cancer Immunotherapy Market offers in-depth insights into the prominent growth dynamics that are likely to aid the expansion of growth prospects in the near future. Data has been presented in the form of key segments across prominent geographies, along with important information concerning key manufacturers operating within the industry.

Hyperthermia Cancer Treatment Market: The Hyperthermia Cancer Treatment Market study published by Fact.MR offers an unbiased analysis of the prominent drivers, opportunities, and trends expected to shape future expansion outlooks. The report provides a comprehensive assessment of the prominent segments and geographies which are likely to benefit market players in the forthcoming years.

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in the US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have in our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com
Source: https://www.factmr.com/media-release/1409/global-gene-therapy-market

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Business

Sales of Low Vision Devices Is Expected to Surpass a Valuation of US$ 7,170.2 Mn By the End of 2026

Technological advancements, combined with adequate research and development, has led to a significant development in assistive technologies. The introduction of electronic mobility aids like Ray and UltraCane have led to incredible developments in the assistive technologies for visually impaired market.

Driven by these technological advancements, the assistive technologies demand for visually impaired market is projected to grow impressively, registering a CAGR of 8.6% during the forecast period (2020-2026). Other drivers, such as increasing geriatric population, rising cases of visual impairment and increase in healthcare expenditure shall also augment the demand for assistive technologies for the visually impaired. On this premise, the market is expected to surpass a valuation of US$ 7,170.2 Mn by the end of 2026.

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Assistive Technologies Demand for Visually Impaired Market segmentation

Fact.MR has studied the assistive technologies demand for visually impaired market with detailed segmentation on the basis product type, end-users and key regions.

Product Type
  • Educational Devices & Software:
  • Braille Duplicators & Writers
  • Braille Computers
  • Mathematical & Science Devices
  • Reading Machines
  • Mobility Devices:
  • Canes
  • Low Vision Devices:
  • Smart Glasses
  • VTS Link
  • Magnifying Lenses
  • Others
End-users
  • Blind Schools
  • Enterprises & Social Organizations
  • Personal Use
  • Federation & Hospitals
  • Others
Key Regions
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Full Access of this Exclusive Report is Available at-
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Key Takeaways of Assistive Technologies Demand for Visually Impaired Market Study

  • Product-wise, the educational devices & software segment shall constitute the maximum share of the assistive technologies demand for visually impaired market. Projections indicate a market share of around 58%. This is due to increased spending on education by public and private entities.
  • Mobility devices are expected to catch up, owing to introduction of new technologies such as Wayband, Dot Smartwatch and Be My Eyes. The segment shall expand at a CAGR of 8.8% during the forecast period.
  • Regionally, the assistive technologies demand for visually impaired market shall be dominated by North America. High adoption of technologically advanced devices and easy access by people are cited as key reasons. Projections indicate a market share of approximately 40%.
  • Asia-Pacific shall exhibit remarkable progress during the forecast period. The region shall surpass a valuation of US$ 1,649.2 Mn by the end of 2026. Increased adoption of technological devices in the educational sector such as braille translators, reading machines, magnifiers and mobility devices are considered key drivers propelling the market growth.

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“The assistive technologies demand for visually impaired market demonstrates prolific growth in the future. Rising adoption of computerized technology in education and mobility are expected to leverage prospects for the market,” infers a Fact.MR analyst.

assistive technologies demand for visually impaired market 01

Product Launches to Shape Assistive Technologies Demand for Visually Impaired Market Landscape

New product launches with technological advancements constitute the main strategy of key market players. Dolphin Computer Access Ltd, a British company, is set to promote its Connect & Learn, Whiteboard Wizard and EasyReader technologies at the upcoming VIEW 2020 Conference in Birmingham, Ireland. Consisting of Qualified Teacher of the Visually Impaired (QTVI) driven innovations, these platforms shall aim to provide quality education to low-vision learners. Similarly, Access Ingenuity provides technology solutions in the form of vision enhancing products like large print keyboards. These keyboards, titled ZoomText and Keys-U-See, provide large-sized alphabets to assist people with poor vision. The second invention, Victor Reader Trek, provides audio recordings of books to help readers enjoy the reading experience.

For More Insights
https://www.biospace.com/article/bone-marrow-processing-systems-growth-driven-by-progressions-in-bone-marrow-needles-and-harvest-technology-says-fact-mr/

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The research study on the Assistive Technologies Demand for visually impaired market by Fact.MR incorporates an unbiased assessment of key factors and trends responsible for shaping the landscape of the Assistive Technologies Demand for Visually Impaired market over 2020-2026. It includes a detailed assessment of key parameters that are anticipated to exert influence during 2020-2026. Market statistics have been presented on the basis of product type (Educational Devices & Software, Mobility Devices, Low Vision Devices and Others) and end users (Blind Schools, Enterprises & Social Organizations, Personal Use, Federation & Hospitals and Others) across five major regions.

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in the US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have in our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.comContent Source: https://www.factmr.com/media-release/1396/global-assistive-technologies-demand-for-visually-impaired-market

Categories
Business

Cell-Based Flow Cytometry Is Projected to Account for Three-Fifth of the Total Market :Report Fact.MR

Increased adoption of flow cytometry is an important development in the field of cell biology. Flow cytometry is a widely accepted method in detecting cancers, cell signaling, tumor characterization, fluorescent protein detection and protein-protein interaction. Moreover, flow cytometry is being increasingly used in stem-cell research where scientists examine cell conversions.

On the back of the aforementioned factors, the demand for flow cytometry is set to get leveraged in the future. A staggering CAGR of 11.4% is projected for the forecast period 2020-2025, and the market is anticipated to surpass a valuation of US$ 8,119.6 Mn by the end of the forecast period.

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Global Flow Cytometry Market Segmentation

Fact.MR has studied the global flow cytometry market with detailed segmentation on the basis of technology, products & services, application, end-users and key regions.

Technology
  • Cell-based
  • Bead-based
Products & Services
  • Reagents & Consumables
  • Flow Cytometry Instruments
  • Software
  • Services
Application
  • Pharmaceutical & Drug Discovery
  • Diagnostics
End-users
  • Pharmaceutical & Drug Discovery
  • Diagnostics
Key Regions
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Takeaways of Global Flow Cytometry Market Study

  • Cell-based flow cytometry shall dominate the flow cytometry market, projected to account for three-fifth of the total market during the forecast period. The ease of developing models of interconnected cellular pathways for scientists is a major driver behind the segment’s growth.
  • Products & Services-wise, the flow cytometry instruments shall constitute a major chunk of the flow cytometry market. Projections indicate a market share of around 40% for flow cytometry instruments between 2020 and 2025. Greater usage of advanced flow cytometry instruments in novel drug discovery is boosting the market.
  • Pharmaceutical and drug discoveries shall find maximum application of flow cytometry in the future. This is attributed to increased research and development activities by major pharmaceutical companies for therapeutic drug development. The segment is anticipated to hold a market share of around 45% during the forecast period.
  • Academic & Research Institutions are expected to find maximum usage of flow cytometry. The segment is expected to grow staggeringly at a CAGR of 11.6% during the forecast period. Increased research for novelty, efficacy, toxicity and safety of medicines are major drivers for the growth of this segment.
  • North America shall dominate the global flow cytometry market during the forecast period, accounting for more than one-third of the total flow cytometry market. Government campaigns to increase awareness about chronic diseases and increased research and development are factors augmenting the market growth in the region.
  • However, Asia-Pacific is expected to register stellar growth during the forecast period, expanding at a CAGR of 14%. A burgeoning pharmaceutical industry, development of new biologics, vaccines and drugs are expected to leverage future growth of the flow cytometry market.

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global flow cytometry market 1

“The global flow cytometry market shows immense potential for future growth. The widespread application of flow cytometry in important life science disciplines such as cancer detection and stem cell research is expected to boost the global flow cytometry market’s prospects in the future”, concludes a Fact.MR analyst.

Acquisitions to Supplement Market Growth

The global flow cytometry market is dominated by the following players:

  • Becton Dickinson & Company.
  • Merck & Co.Inc.
  • Beckman Coulter Inc.
  • Thermo Fisher Scientific Inc.
  • SYSMEX CORPORATION
  • Alere Inc.
  • Miltenyi Biotec
  • Bio-Techne
  • Agilent Technologies Inc. 
  • Bio-Rad Laboratories Inc.

Full Access of this Exclusive Report is Available at-
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Looking for more information?

The research study on the global flow cytometry market by Fact.MR incorporates an unbiased assessment of key factors and trends responsible for shaping the landscape of the global flow cytometry market over 2020-2025. It includes a detailed assessment of key parameters that are anticipated to exert influence during 2020-2025. Market statistics have been presented on the basis of Technology (Cell-based and Bead-based), Products & Services (Reagents & Consumables, Flow Cytometry Instruments, Software and Services), Application (Pharmaceutical & Drug Discovery, Diagnostics and Others) and End-Users (Hospitals & Diagnostic Labs, Academic & Research Institutions and Others) across five major regions.

Report Benefits & Key Questions Answered

  • Flow Cytometry Company & brand share analysis: The report offers brand-share analysis on Flow Cytometry market to offer a more in-depth competition deep-dive. This is intended at assisting companies at proactive long-term planning.
  • Flow Cytometry Historical volume analysis: Factors affecting sales in the past are analyzed in detail. The report also offers comparative analysis between growth trajectory exhibited in 2016-2020 and 2020-2025.
  • Flow Cytometry Category & segment level analysis: To offer a comprehensive analysis, the market identifies leading segments and highlights chief factors enabling growth across these categories.
  • Flow Cytometry Consumption by demographics: The demographic analysis is intended at providing recommendations to companies to help them create growth strategies around dynamic consumption patterns.
  • Flow Cytometry Manufacturing trend analysis: Manufacturing trend analysis is the key highlight of the study. It offers vital data on strategies adopted by market players to align their manufacturing strategies as per prevailing market trends.            

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About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in the US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have in our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.comContent Source: https://www.factmr.com/media-release/1395/global-flow-cytometry-market

Categories
Pharmaceutical

Traditional Chinese Medicine for Skincare Market will surpass US$ 7 billion in valuation by 2031

Demand for traditional Chinese medicine for skincare is increasing steadily owing to the rising popularity of Chinese herbal medicines and similar products. With growing application in eczema, psoriasis, acne, and others, manufacturers of traditional Chinese skincare medicine are expected to gain higher revenues over the coming years.

As per a new report by Fact.MR, North America, Europe, and Asia Pacific will hold major chunk of the industry value and volume, while the United States, Germany, China, and a few other countries will offer significant opportunities for stakeholders in this industry, across regions.

For more insights into the Market, Request a Sample of this Report
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Key Takeaways from Market Study
  • High demand for Chinese herbal medicines for body care, face care, and others likely to be witnessed.
  • Growing application in eczema and psoriasis to cater to industry growth.
  • The United States to remain the epicenter of North America’s market for traditional Chinese medicine for skincare.
  • Germany to lead in Europe as far as traditional Chinese medicine for skincare is concerned.
  • Asia Pacific to exhibit the fastest growth in the market.
  • China, Japan, India, Canada, the United Kingdom, and South Korea to maintain positive industry outlook throughout the forecast period.
“Advancements in manufacturing, growing investments in R&D activities, and prominent demand for acupuncture, diet therapy, and various Chinese herbal medicines are expected to boost the sales of manufacturers over the coming years,”

says a Fact.MR analyst.

traditional chinese medicine for skincare market

 

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Rising Prevalence of Skin Diseases Bolstering Demand for Traditional Chinese Medicine

Various traditional medicines for face care, body care, and foot & hand care are extensively being used for a diverse range of skin diseases such as eczema, psoriasis, hyperpigmentation, and acne, to name a few. As a result, rising prevalence of such diseases and skin-related issues is augmenting demand for traditional Chinese medicines, especially for skincare purposes.

According to a report titled “Burden of Skin Disease”, published by the American Academy of Dermatology, approximately 84.5 million Americans, which means one in four Americans, are affected by some kind of skin disease. According to the National Center for Biotechnology Information (NCBI), in Europe, some of the most common skin diseases are warts (41.3%), followed by acne (19.2%), and contact dermatitis (15%), as of 2018. This, in turn, is fuelling the sales traditional Chinese skincare medicine across geographies.

Who is Winning in this Space?

With the competition getting stricter, manufacturers of traditional Chinese medicine for skincare are launching a wider variety of quality products.

For instance,

  • Integrated Chinese Medicine Holdings Ltd. recently launched its new range of Qianding Yunzhi, Qianding Yunzhi Family Pack, and others.
  • Solstice Medicine Company, Inc. launched its new range of Beanne Extra Pearl Cream, Sanjin Uroplex Tablets, and others, a couple of years back.

Get More Insights- https://www.prnewswire.com/news-releases/versatility-of-traditional-chinese-medicines-make-it-highly-sought-after-in-skincare-fact-mr-301288790.html

More Valuable Insights

In its latest report, Fact.MR offers an unbiased analysis of the traditional Chinese medicine for skincare market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of product (Chinese herbal medicines [body care, face care, and foot & hand care], acupuncture, and diet therapy), and application (eczema, psoriasis, acne, hyperpigmentation, and others), across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

Explore Fact. MR’s Coverage on Healthcare Domain

Skincare serum market: The global skincare serum market report published by Fact.MR offers an exhaustive analysis on the prominent growth dynamics, including possible drivers, opportunities and challenges, expected to prevail across the landscape for the upcoming decade. A detailed insight regarding key geographies and prominent manufacturers has been embedded in this report.

OTC herbal and traditional medicine Market: Fact. MR’s latest report on global OTC herbal and traditional medicine market gives a detailed insight on the key drivers, trends and opportunities expected to prevail across prominent segments and key geographies for the forthcoming assessment period. Additionally, details about prominent manufacturers and their revenue shares have also been incorporated.

Geriatric medicine Market: The latest report by Fact.MR on global geriatric medicine market offers an unbiased analysis on the growth prospects, strategies and competitive landscape for the upcoming period. The key players’ market share data provided by the report given you detailed insights on the shortcomings and forthcomings of the market for the forecast period.

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
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