Categories
Business

Artificial Intelligence Paving Way for Implementing Advanced Usage Insurance Services – Fact.MR Study

Latest industry analysis by Fact MR, predicts sales of Usage Insurance to swell at propelled CAGR through 2031, as automotive sales gradually recover across the world. The report is intended at presenting insights into hidden growth opportunities and challenges. It also offers recommendations to help businesses to prep for unforeseen challenges.

The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.

To remain ‘ahead’ of your competitors, request for a sample –  https://www.factmr.com/connectus/sample?flag=S&rep_id=5352

Newly released data from Fact.MR market Analysis shows that global demand of the overall Usage Insurance market accounted for almost US$ 30 Bn in 2020 and is projected to reach nearly US$ 150 Bn by 2031, expanding 5x across the 2021-2031 forecast period.

The report offers actionable and valuable market insights of Usage Insurance. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Usage Insurance Market across various industries and regions.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Usage Insurance market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Usage Insurance

This newly published and insightful report sheds light on Market Insights of Usage Insurance, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Usage Insurance Market.

Need more information about Report Methodology? Click here- https://www.factmr.com/connectus/sample?flag=RM&rep_id=5352

Key Segments Covered

  • Policy Type
    • Pay-how-you-drive(PHYD)
    • Pay-as-you-drive(PAYD)
    • Manage-how-you-drive(MHYD)
  • Product
    • Black Box
    • OBD Dongle
    • Smartphone
    • Others
  • Vehicle
    • Passenger Vehicle
    • Commercial Vehicle

Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/5352

Competitive Landscape

Major players with a prominent share in the market are focusing on expanding their customer base.

  • Earnix, a global provider of advanced rating, pricing, and product personalization solutions for insurers and banks announced its acquisition of AI-Powered telematics provider Driveway Software Corporation’s assets. It will be joined by Driveways’ strong and highly capable team of domain-rich experts.
  • On June 16, 2020, USAA is expected to acquire Noblr, a digital insurer offering behavior-based auto insurance. Dedicated to military personnel and their families, the company says its acquisition will help make it more competitive by upgrading its services. Financial strength was also cited as a factor as to why the company could acquire companies in this space and accelerate innovation.

Key Takeaways from the Market Study

  • Global usage insurance market to surge 5x until 2031 as compared to 2021
  • Demand for pay-as-you-drive (PAYD) to account for 55% of global market revenue
  • Smartphone-based usage insurance likely to expand at a CAGR of 9% through 2031
  • By vehicle, commercial usage insurance to garner significant momentum, growing at 7% CAGR
  • U.S to capture half of the global usage insurance demand across the decade
  • Europe likely to register an expansion rate of 10% in value CAGR terms through 2031
  • Asia to account for a growth rate of a staggering 15% from 2021 to 2031

A variety of benefits can be derived from usage-based insurance and telematics, including reverse gear indicator, speed threshold tracking, seat belt usage, harsh braking, acceleration control, and voice guidance. All of these benefits contribute to the reduction of road accidents,” says Fact.MR analyst.

Read More Trending Reports of Fact.MR-  https://www.prnewswire.com/news-releases/rising-demand-for-breast-augmentation-to-account-for-nearly-45-of-autologous-fat-grafting-factmr-301273860.html

Report Benefits & Key Questions Answered

  • Usage Insurance Company & brand share analysis: The report offers in-depth Usage Insurance brand share analysis to estimate percentage of the market covered by Tier 1, Tier 2, and Tier 3 companies
  • Usage Insurance Historical volume analysis: The report offers a comparative analysis between historic sales of Usage Insurance and projected sales performance for 2021-2031
  • Usage Insurance Category & segment level analysis: Fact MR presents a comprehensive analysis of factors enabling sales growth across key segments. It underscores chief growth drivers and offers valuable information to identify sales prospects a local and regional levels
  • Usage Insurance Consumption by demographics: To offer informed recommendation, the report studies behavior and consumption pattern of consumers. The demographics analysis is intended at helping business better understand consumer preference and design their product and market strategies around it
  • Post COVID consumer spending on Usage Insurance: The Fact MR market survey carefully studies consumer spending behavior post COVID-19. It gauges how prevailing trends have influenced their behavior, subsequently impacting their spending power

More Valuable Insights on Usage Insurance Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Usage Insurance, Sales and Demand of Usage Insurance, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

Explore Fact.MR’s Comprehensive Coverage on Automotive Domain:

Ground Support Equipment Tires Market – Global Industry Analysis and Opportunity Assessment 2021 – 2031

Automotive Steering Rack Market – Global Industry Analysis and Opportunity Assessment 2021 – 2031

Automotive Steering Shaft Market– Global Industry Analysis and Opportunity Assessment 2021 – 2031

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
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Email: sales@factmr.com

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

Categories
Business

Implementation of Emission Control Norms Causing Restraint for Aluminium Potassium Sulphate Market – FactMR Study

The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The organic chemicals industry suffered a huge setback due to halted production and a limited supply of raw materials.

The report offers actionable and valuable market insights of Aluminium Potassium Sulphate. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Aluminium Potassium Sulphate Market across various industries and regions.

To remain ‘ahead’ of your competitors, request for a sample –   https://www.factmr.com/connectus/sample?flag=S&rep_id=5351

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Aluminium Potassium Sulphate market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Aluminium Potassium Sulphate

This newly published and insightful report sheds light on Market Insights of Aluminium Potassium Sulphate, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Aluminium Potassium Sulphate Market.

Aluminium potassium sulphate is an important chemical compound used across various industries. Aluminium potassium sulphate, also known as Aluminium Potassium Sulphate or alum meal is naturally obtained from mining and the purification of kalinite and alunite minerals. It also can be obtained through a chemical process known as hydrometallurgy.

Aluminium potassium sulphate has the ability to constrict the body tissues and retract blood flow. This characteristic know as astringency, makes Aluminium Potassium Sulphate a key ingredient in a variety of products. Aluminium potassium sulphate is largely used in the pharmaceutical, cosmetic and food and beverage industry.

Key Takeaways from the Aluminium Potassium Sulphate Market Report

  • Asia Pacific will remain the largest aluminium potassium sulphate market
  • China and India are two of the leading exporters of aluminium potassium sulphate
  • The extensive use of aluminium potassium sulphate in pharmaceutical and cosmetics industries has led to immense growth of the market
  • It is widely used to purify water and its ability to act as a mordant for the permanent adherence of dye to fabrics and fibers makes it applicable in the paper and chemical industry
  • Potential health impact of aluminium potassium sulphate continues to limit adoption

The Covid-19 pandemic affected various sectors but a huge loss hasn’t been reported in the Aluminium Potassium Sulphate market due to its use in pharmaceutical companies and agriculture. The market is expected to bounce back with a forecast of steady growth from here on.

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Research and Development Efforts to Boost Growth

Aluminium potassium sulphate is a valuable chemical compound that acts as a catalyst in several chemical reactions. Constant research is conducted to determine its application in different fields and sectors. It is used in creating personal care products as well as acting as food additives in animal food and drugs. Aluminium Potassium Sulphate is also used in agriculture as it helps improve the potassium levels in soil, making it a useful fertilizer. The use of potash alone often has side effects like skin irritation and hence labeling the percentage used is necessary to avoid personal damages. Research is being carried on to decrease or nullify the side effects and increase its scope of application.

A few of the key players in the aluminium potassium sulphate market are Thermo Fisher Scientific, Sigma-Aldrich Co. LLC, Holland Company Inc., Baslini SpA, Merck KGaA and Nanjing Jiayi Sunway Chemical Co. Ltd.

Since North America holds a market comprising of major industrial bases, there is potential for extensive growth of the aluminium potassium sulphate market. The numerous applications, profitable investment opportunities, easy trade flow and rising shift towards explorative products are predicted to positively affect the Aluminium Potassium Sulphate market.

Aluminium Potassium Sulphate Market: Segmentation

Fact.MR has studied the aluminium potassium sulphate market with detailed segmentation on the basis of by form and, end-use, and key region.

Form PowderCrystal
End-use Water PurificationPharmaceuticalCosmeticsFood & BeveragePaperTextileAgricultureOthers
Region North AmericaEuropeAsia PacificLatin AmericaMiddle East & Africa

Full Access of this Exclusive Report is Available at-   https://www.factmr.com/checkout/5351

Key Question answered in the survey of Aluminium Potassium Sulphate market report:

  • Sales and Demand of Aluminium Potassium Sulphate
  • Growth of Aluminium Potassium Sulphate Market
  • Market Analysis of Aluminium Potassium Sulphate
  • Market Insights of Aluminium Potassium Sulphate
  • Key Drivers Impacting the Aluminium Potassium Sulphate market
  • Which are the Key drivers impacted by Aluminium Potassium Sulphate market
  • Restraints Shaping Market Growth
  • Market Survey of Aluminium Potassium Sulphate

More Valuable Insights on Aluminium Potassium Sulphate Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Aluminium Potassium Sulphate, Sales and Demand of Aluminium Potassium Sulphate, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

Explore Fact.MR’s Coverage on the Chemicals and Materials Domain:

Bio-succinic Acid Market – Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2020 to 2030

Surge Suppression IC Market –Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031

Liquid Propellants Market – Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031

About Us:

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) 251-1583

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

Demand for Automated Trucks is Slated to Touch an Impressive Valuation of Nearly US$ 1.5 Bn by 2031 End

Latest industry analysis by Fact MR, predicts sales of Automated Truck to swell at propelled CAGR through 2031, as automotive sales gradually recover across the world. The report is intended at presenting insights into hidden growth opportunities and challenges. It also offers recommendations to help businesses to prep for unforeseen challenges.

The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.

To remain ‘ahead’ of your competitors, request for a sample –  https://www.factmr.com/connectus/sample?flag=S&rep_id=5350

The report offers actionable and valuable market insights of Automated Truck. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Automated Truck Market across various industries and regions.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Automated Truck market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Automated Truck

This newly published and insightful report sheds light on Market Insights of Automated Truck, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Automated Truck Market.

Key Segments Covered

  • Truck Type
    • Cab-Integrated Automotive Truck
    • Cabless Automotive Truck
  • End Use Industry
    • Automotive Trucks for Mining
    • Automotive Trucks for Logistics
  • Class
    • Class 8 & Class 9 Automotive Trucks
    • Ultra-Class Automotive Trucks
  • Sensor
    • LiDAR Automotive Trucks
    • RADAR Automotive Trucks
    • Camera-based Automotive Trucks
    • Other Sensor-based Automotive Trucks
  • Autonomy Level
    • Level 3 Automotive Truck
    • Level 4 Automotive Truck
    • Level 5 Automotive Truck

Need more information about Report Methodology? Click here- https://www.factmr.com/connectus/sample?flag=RM&rep_id=5350

Automated Truck Market- Scope of Report

A recent study by Fact.MR on the automated truck market offers a 10-year forecast for 2021 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with offering automated trucks.

The study also provides the dynamics responsible for influencing the future status of the automated truck market over the forecast period. A detailed assessment of value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the automated truck market, along with their product portfolios, enhances the reliability of this comprehensive research study.

Report Summary

The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of automated trucks across the globe.

A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of automated truck during the forecast period. Price point comparison by region with global average price is also considered in the study.

Analysis on Market Size Evaluation

The market has been analyzed for each segment in terms of volume (‘000 Units) and value (US$ Mn).

Estimates at global and regional levels for automated trucks are available in terms of “US$ Mn” for value and in “‘000 Units” for volume. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report.

Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global automated truck market.

Inspected Assessment on Regional Segments

Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of the automated truck market during the forecast period.

Country-specific valuation on demand for automated truck has been offered for each region, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value & volume for emerging countries has also been included in the report.

Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/5350

In-depth Analysis on Competition Analysis

The report sheds light on leading manufacturers of automated trucks, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in offering automated truck has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolios and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the automated truck domain.

Key Takeaways from the Global Automated Truck Market Report

  • North America will continue to be the largest market for automated trucks
  • In terms of level of automation, the demand witnessed in limited self-driving autonomous segment is considerably high
  • Based on type of sensor, the LiDAR segment is forecast to hold the lion’s share of the market
  • Among end users, the demand from the mining industry is predicted to remain considerably high throughout the forecast period
  • Among truck types, the cab-integrated segment is forecast to account for dominant share in the market

With governments of various countries pushing towards the use of automated trucks, the market is projected to have a great scope for expansion in the near future. According to FactMR, the market value is projected to rise exponentially by the end of the forecast period. Investment towards improving existing technologies will create lucrative prospects for the expansion of the market.

Read More Trending Reports of Fact.MR-  https://www.prnewswire.com/news-releases/rising-demand-for-breast-augmentation-to-account-for-nearly-45-of-autologous-fat-grafting-factmr-301273860.html

Report Benefits & Key Questions Answered

  • Automated Truck Company & brand share analysis: The report offers in-depth Automated Truck brand share analysis to estimate percentage of the market covered by Tier 1, Tier 2, and Tier 3 companies
  • Automated Truck Historical volume analysis: The report offers a comparative analysis between historic sales of Automated Truck and projected sales performance for 2021-2031
  • Automated Truck Category & segment level analysis: Fact MR presents a comprehensive analysis of factors enabling sales growth across key segments. It underscores chief growth drivers and offers valuable information to identify sales prospects a local and regional levels
  • Automated Truck Consumption by demographics: To offer informed recommendation, the report studies behavior and consumption pattern of consumers. The demographics analysis is intended at helping business better understand consumer preference and design their product and market strategies around it
  • Post COVID consumer spending on Automated Truck: The Fact MR market survey carefully studies consumer spending behavior post COVID-19. It gauges how prevailing trends have influenced their behavior, subsequently impacting their spending power

More Valuable Insights on Automated Truck Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Automated Truck, Sales and Demand of Automated Truck, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

Explore Fact.MR’s Comprehensive Coverage on Automotive Domain:

Ground Support Equipment Tires Market – Global Industry Analysis and Opportunity Assessment 2021 – 2031

Automotive Steering Rack Market – Global Industry Analysis and Opportunity Assessment 2021 – 2031

Automotive Steering Shaft Market– Global Industry Analysis and Opportunity Assessment 2021 – 2031

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
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
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

Categories
Business

Rising Demand For Vehicle Connectivity Solutions Is Aiding To The Vehicle Roadside Assistance Market Growth- States FactMR

250 Pages Vehicle Roadside Assistance Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

Latest industry analysis by Fact MR, predicts to swell at propelled CAGR through 2031, as automotive sales gradually recover across the world. The report is intended at presenting insights into hidden growth opportunities and challenges. It also offers recommendations to help businesses to prep for unforeseen challenges.

The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.

To remain ‘ahead’ of your competitors, request for a sample – https://www.factmr.com/connectus/sample?flag=S&rep_id=5348

The report offers actionable and valuable market insights of Vehicle Roadside Assistance. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Vehicle Roadside Assistance Market across various industries and regions.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Vehicle Roadside Assistance market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Vehicle Roadside Assistance

This newly published and insightful report sheds light on Market Insights of Vehicle Roadside Assistance, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Vehicle Roadside Assistance Market.

Vehicle Roadside Assistance Market – Segmentation

Fact.MR’s research study assesses the global vehicle roadside assistance market in terms of vehicle type, service, provider, and region. This report presents extensive market dynamics and trends associated with different segments of the market and their influence on the growth prospects of the global vehicle roadside assistance market.

Vehicle Type Passenger VehicleCommercial Vehicle (Light Commercial Vehicle & Heavy Commercial Vehicle)
Service TowingTire ReplacementFuel DeliveryJump Start/Pull StartLockout/Replacement Key ServicesWinchBattery AssistanceTrip Routing/Navigational AssistanceOther Mechanic Services
Provider Auto ManufacturerMotor InsuranceIndependent WarrantyAutomotive Clubs
Region North AmericaLatin AmericaEuropeAsia PacificMiddle East & Africa

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Vehicle Roadside Assistance Market

A recent study by Fact.MR on the vehicle roadside assistance market offers a 7-year forecast from 2020 to 2027. The study analyzes crucial trends that are currently determining market growth. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders and emerging players associated with the manufacturing of vehicle roadside assistance. The study also provides the dynamics that are responsible for influencing future status of the vehicle roadside assistance market over the forecast period.

A detailed assessment of the vehicle roadside assistance value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the vehicle roadside assistance market, along with their product portfolios, enhances the reliability of this comprehensive research study.

Vehicle Roadside Assistance Market: Report Summary

The study offers a comprehensive analysis on diverse features, including demand, product developments, revenue generation, and sales in the vehicle roadside assistance market across the globe.

A comprehensive estimate on the vehicle roadside assistance market has been provided through an optimistic as well as a conservative scenario, taking into account the sales during the forecast period. Price point comparison by region with global average price is also considered in the study.

Vehicle roadside assistance Market: Inspected Assessment on Regional Segments

Key sections have been elaborated in the vehicle roadside assistance market report, which has helped deliver projections on regional markets. These chapters include regional macros (political, economic and business environment outlook), which are expected to have a momentous influence on the growth of the vehicle roadside assistance market during the forecast period.

Country-specific valuation on demand for vehicle roadside assistance market has been offered for each regional market, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value for emerging countries has also been included in the report.

Key Takeaways from Vehicle Roadside Assistance Market Report

  • Increase in demand for hybrid and electric vehicles is expected to bolster market growth
  • Advancement in automotive sector is forecast to accelerate market growth across the globe
  • Passenger vehicles will be a lucrative category among all other vehicle types
  • Increase in number of aging vehicles resulting more break-downs is projected to escalate market growth
  • Auto manufacturers to maintain the lead as a lucrative service provider throughout the forecast period
  • Asia Pacific market being high potential is expected to witness highest growth throughout the forecast period

“The highly advanced automotive sector coupled with the rising number of old vehicles is catering to the global vehicle roadside assistance market growth. Passenger vehicle is set to prevail as a lucrative vehicle type, while auto-manufacturers are set to gain traction during the forecast period,”says a Fact.MR analyst.

Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/5348

vehicle road side assistance market regional analysis

Report Benefits & Key Questions Answered

  • Vehicle Roadside Assistance Company & brand share analysis: The report offers in-depth Vehicle Roadside Assistance brand share analysis to estimate percentage of the market covered by Tier 1, Tier 2, and Tier 3 companies
  • Vehicle Roadside Assistance Historical volume analysis: The report offers a comparative analysis between historic sales of Vehicle Roadside Assistance and projected sales performance for 2021-2031
  • Vehicle Roadside Assistance Category & segment level analysis: Fact MR presents a comprehensive analysis of factors enabling sales growth across key segments. It underscores chief growth drivers and offers valuable information to identify sales prospects a local and regional levels
  • Vehicle Roadside Assistance Consumption by demographics: To offer informed recommendation, the report studies behavior and consumption pattern of consumers. The demographics analysis is intended at helping business better understand consumer preference and design their product and market strategies around it
  • Post COVID consumer spending on Vehicle Roadside Assistance: The Fact MR market survey carefully studies consumer spending behavior post COVID-19. It gauges how prevailing trends have influenced their behavior, subsequently impacting their spending power

More Valuable Insights on Vehicle Roadside Assistance Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Vehicle Roadside Assistance, Sales and Demand of Vehicle Roadside Assistance, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

Explore Fact.MR’s Comprehensive Coverage on Automotive Domain:

Ground Support Equipment Tires Market – Global Industry Analysis and Opportunity Assessment 2021 – 2031

Automotive Steering Rack Market – Global Industry Analysis and Opportunity Assessment 2021 – 2031

Automotive Steering Shaft Market– Global Industry Analysis and Opportunity Assessment 2021 – 2031

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
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
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

Categories
Business

Hyperbaric Oxygen Therapy Devices Market Revenue Growth Defined by Heightened Product Innovation : Fact.MR

As per Fact.MR, a market research and competitive intelligence provider, the hyperbaric oxygen therapy (HBOT) devices market was valued at US$ 4.02 Bn in 2021.

At 1.5 to 3 times the average atmospheric pressure, hyperbaric oxygen therapy devices supply 100% pure oxygen to the bodily tissues. Excess oxygen in the circulation encourages the production of white blood cells and leucocytes, which fight bacteria, as well as the secretion of stem cells, which aids in speedier healing and the restoration of normal body function.

Hyperbaric oxygen therapy devices are used to treat chronic problem wounds by delivering oxygen to all body tissues through monoplace HBOT chambers, multiplace HBOT chambers or topical HBOT chambers.

For critical insights on this market, request for More Info – https://www.factmr.com/connectus/sample?flag=S&rep_id=7258

Key Segments Covered in Hyperbaric Oxygen Therapy Devices Industry Research

  • Hyperbaric Oxygen Therapy Devices Market by Product:

    • Monoplace HBOT Devices
    • Multiplace HBOT Devices
  • Hyperbaric Oxygen Therapy Devices Market by Application:

    • Wound Healing
    • Decompression Sickness
    • Infection Treatment
    • Gas Embolism
  • Hyperbaric Oxygen Therapy Devices Market by Region:

    • North America Hyperbaric Oxygen Therapy Devices Market
    • Europe Hyperbaric Oxygen Therapy Devices Market
    • Asia Pacific Hyperbaric Oxygen Therapy Devices Market
    • Latin America Hyperbaric Oxygen Therapy Devices Market
    • Middle East & Africa Hyperbaric Oxygen Therapy Devices Market

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Competitive Landscape

Rising investments by key players in R&D and the development of hyperbaric oxygen therapy products will be vital to preserving a competitive edge, with regular alliances being formed in an attempt to diversify product portfolios and increase market share.

For instance,

  • In November 2019, AHA Hyperbarics introduced the AHA Flex V2, a new model of innovative high-pressure medical hyperbaric chambers that are specifically built to meet the growing need for HBOT safety and efficacy.

COVID-19 Impact on Sales of Hyperbaric Oxygen Therapy Products

The COVID-19 pandemic significantly impacted the healthcare industry. The use of hyperbaric oxygen therapy devices as an alternate treatment for COVID-19-related hypoxia has grown in favor. Rising acceptance as an emergency investigative device supported the industry growth during the pandemic.

Increasing government and private studies demonstrating hyperbaric oxygen therapy’s high effectiveness in improving survival rates will boost market demand over the coming years.

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Hyperbaric oxygen therapy devices are becoming more common in the healthcare system as the prevalence of wound site infection rises. Rapid healing necessitates an abundance of oxygen. Hyperbaric oxygen therapy involves exposing the body to 100% oxygen in the injured area in order to speed up the healing process.

Because of the rising occurrences of obesity and diabetes around the world, demand for hyperbaric oxygen therapy systems in wound healing applications will rise. Segment growth will be fueled by factors such as rising healthcare expenses and an ageing population. One of the few aspects that can be attributed to the greatest market share is the availability of improved solutions for the treatment of chronic wounds.

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Business

Demand for Portable Isolation Room Market To Soar from Use Industries and Push Revenues in Market : Fact.MR

The global medical device market is undergoing significant changes owing to technological advancements to aid human health. The market is expected to expand at a CAGR of more than 5% with significant contribution from the isolation market over 2022-2032. Rapid increase in biologically-contaminated patients with COVID -19 has propelled the isolation market.

The portable isolation room market increased in valuation from US$ 31.4 Mn in 2017 to US$ 43.5 Mn in 2021, reflecting a CAGR of 8.5%. The sudden outburst caused by SARS-CoV-2 (severe acute respiratory syndrome coronavirus 2) saw a quick increase in infected patients globally.

Rapid surge in novel coronavirus infectious patients with various strains resulted in increased demand for hospitals, hospital beds, and ICUs. However, limited expansion of hospitals against the upsurge in the requirement for patient isolation stimulated the increase in demand for portable patient isolation rooms.

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Key Segments of Portable Isolation Room Industry Survey

  • Global Portable Isolation Room Market by Product:

    • Portable Isolation Rooms
    • Portable Isolation Pods
  • Global Portable Isolation Room Market by Occupancy:

    • Single Occupancy Portable Isolation Rooms
    • Multiple Occupancy Portable Isolation Rooms
  • Global Portable Isolation Room Market by Sales Channel:

    • Direct Sales of Portable Isolation Rooms
    • Indirect Sales of Portable Isolation Rooms
  • Global Portable Isolation Room Market by Region:

    • North America Portable Isolation Rooms Market
    • Latin America Portable Isolation Rooms Market
    • Europe Portable Isolation Rooms Market
    • East Asia Portable Isolation Rooms Market
    • South Asia & ASEAN Portable Isolation Rooms Market
    • Oceania Portable Isolation Rooms Market
    • MEA Portable Isolation Rooms Market

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Competition Landscape

Key manufacturers of portable isolation rooms are Gama Healthcare, Adart Publicity, Blumed Response System, Biobase, ICARELIFE, MRC, Nippon Medical & Chemical Instruments Co., Ltd, Escoaster, Portafab, Mecart, ATA Medical, and ISOVAC.

The main principle of an isolation room is to prevent the communication of microorganisms from colonized or infected patient to other patients, hospital staff, etc. Hence, the quality of a patient isolation room is very essential.

  • Presenting an example of ICARELIFE – it ensures that each product goes through testing at the factory before shipping. All components can be installed on-site by a technician and the product has a unique serial number allowing traceability during its lifecycle.

Moreover, collaboration and partnerships for the development of positive and negative pressure isolation rooms and the supply products on time is a key trend among tier-1 manufacturers of portable isolation rooms.

Fact.MR has provided detailed information about the price points of top portable isolation room manufacturers positioned across regions, in addition to providing sales growth information, production capacity, and speculative production expansion, in the recently published report.

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Which Occupancy is High in Portable Isolation Rooms?

Under the occupancy segment, the portable isolation room market is segmented into single and multiple occupancy portable isolation rooms.

The single occupancy portable isolation rooms segment is forecast to dominate the market with a market share of 64.6% in 2022, and is projected to witness growth at 4.5%.

Prior to COVID-19, one of the key uses of portable isolation rooms was in war zones to provide a safe environment to the defense forces to recover. In such a scenario, multiple occupancy isolation rooms were of preference; however, the sudden hit of the dangerous virus gave rise to demand for single patient isolation rooms among the civil population.

Some single patient isolation rooms are built with personal en suite bathrooms and anterooms, which is creating a new trend. The multiple occupancy segment holds 34.8% of the overall market share, and is projected to expand at a CAGR of 4.3% over the forecast years of 2022-2032.

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Uncategorized

Rapid Advancements In Healthcare Contract Research Outsourcing Market To Fuel Revenues Through 2022 – 2031 : Fact.MR

The global healthcare contract research outsourcing market is anticipated to rise at a CAGR of 6.6% from 2021 to 2028. In 2020, revenue from healthcare contract research outsourcing was US$ 38.4 Bn, which is expected to reach US$ 63.09 Bn by the end of 2028.

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Key Segments Covered in Healthcare Contract Research Outsourcing Industry Research

  • Healthcare Contract Research Outsourcing Market by Service:

    • Clinical Trial Services
      • Preclinical
      • Clinical
    • Regulatory Services
    • Clinical Data Management & Biometrics
      • Electronic Data Capture
      • Electronic Patient Recorded Outcomes
      • Others
    • Medical Writing
    • Pharmacovigilance
    • Site Management Protocol
    • Others
  • Healthcare Contract Research Outsourcing Market by Therapeutic Area:

    • Oncology/Hematology
    • CNS
    • CV/Metabolic
    • Respiratory
    • Infectious Diseases
    • Immunology
    • Rare Diseases
    • Medical Devices
    • Others
  • Healthcare Contract Research Outsourcing Market by End User:

    • Pharmaceutical Companies
    • Biotechnology Companies
    • Medical Device Companies
    • Academic Institutes & Government Organizations
  • Healthcare Contract Research Outsourcing Market by Region:

    • North America Healthcare Contract Research Outsourcing Market
    • Europe Healthcare Contract Research Outsourcing Market
    • Asia Pacific Healthcare Contract Research Outsourcing Market
    • Latin America Healthcare Contract Research Outsourcing Market
    • MEA Healthcare Contract Research Outsourcing Market

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Competitive Landscape

Key companies outsource complicated R&D tasks that must be monitored regularly. Healthcare CROs function and manage the procedures of bringing new goods to market according to timelines set by customers.

Healthcare contract research outsourcing service providers are now developing alliances to broaden their market reach by providing services and solutions over a broad market sector and enhancing client-contractor relationships.

For instance,

  • In March 2020, Medpace Holdings, Inc., a healthcare CRO, teamed up with Medidata Solutions, a software-as-a-service firm, to combine its imaging methods and workflow with Medidata Rave imaging for clinical trials.

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COVID-19 impact on Healthcare Contract Research Outsourcing Services Demand

The COVID-19 pandemic severely impacted the growth of the healthcare contract research outsourcing market. The market for healthcare contract research outsourcing was harmed by factors such as a lack of patients and the temporary closure of clinical trial operating locations.

The COVID-19 pandemic wreaked havoc on the healthcare industry as a whole, affecting every major scientific, medical, and technical area.

Now, to make the most efficient and effective use of their development skills globally, healthcare corporations frequently outsource drug development responsibilities to contract research groups. The healthcare contract research outsourcing industry is expected to be transformed by the increasing adoption of machine learning-based platforms, artificial intelligence, and creative trial designs over the coming years.

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Contact:

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Tel: +1 (628) 251-1583

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Business

Reprocessed Medical Devices Market To Witness Heightened Revenue Growth During Forecast Period 2022 – 2031 : Fact.MR

The consumption of reprocessed medical devices to rise at an impressive CAGR of 14.9% from 2021 to 2028. In 2020, the global reprocessed medical devices market was worth US$ 2.05 Bn, and the market is anticipated to surge to a valuation of US$ 5.9 Bn by the end of 2028.

Reusable medical devices have seen a rise in demand and preference from several healthcare institutions as they struggle to manage high costs and increasing healthcare expenditure.

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Prominent Key players of the Reprocessed Medical Devices market survey report:

  • Stryker
  • Medline Industries Inc.
  • ReNu Medical
  • LUMITOS AG
  • Vanguard AG
  • Johnson & Johnson
  • Sterilmed Inc.
  • Hygia Health Services Inc.
  • Centurion Medical Products Corporation
  • Siemens Healthcare
  • Philips Healthcare
  • GE Healthcare
  • Suretech Medical Inc.

Key Segments Covered in Reprocessed Medical Devices Industry Research

  • Reprocessed Medical Devices Market by Device Type:

    • Cardiovascular Devices
      • Blood Pressure Cuffs/Tourniquet Cuffs
      • Cardiac Stabilization and Positioning Devices
      • Compression Sleeves (DVT)
      • Diagnostic Electrophysiology Catheters
      • Electrophysiology Cables
    • General Surgery Devices
      • Balloon Inflation Devices
      • Infusion Pressure Bags
    • Laparoscopic Devices
      • Endoscopic Trocars & Components
      • Harmonic Scalpel
    • Orthopedic External Fixation Devices
    • Gastroenterology Biopsy Forceps
  • Reprocessed Medical Devices Market by Region:

    • North America Reprocessed Medical Devices Market
    • Latin America Reprocessed Medical Devices Market
    • Europe Reprocessed Medical Devices Market
    • East Asia Reprocessed Medical Devices Market
    • South Asia & Oceania Reprocessed Medical Devices Market
    • MEA Reprocessed Medical Devices Market

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The insights for each vendor consists of:

  • Company profile
  • SWOT analysis
  • Main market information
  • Market share
  • Revenue, pricing and gross margin

What insights does the Reprocessed Medical Devices Market report provide to the readers?

  • Reprocessed Medical Devices fragmentation on the basis of product type, end use, and region.
  • Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
  • Collaborations, R&D projects, acquisitions, and product launches of each Reprocessed Medical Devices player.
  • Various regulations imposed by the governments on the consumption of Reprocessed Medical Devices in detail.
  • Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global Reprocessed Medical Devices.

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The report covers following Reprocessed Medical Devices Market insights and assessment that are helpful for all participants involved in the Reprocessed Medical Devices market:

  • Data on recently introduced regulations and their impact on key industries and on demand in Reprocessed Medical Devices
  • Latest industry Analysis on Reprocessed Medical Devices Market, with key analysis of market drivers, trends, and influencing factors
  • Key trends Analysis of Reprocessed Medical Devices Market and changing consumer preferences in major industries.
  • Changing Reprocessed Medical Devices demand and consumption of diverse products
  • Major trends underlining funding by key investors in numerous countries
  • New investment opportunities in diverse technology and product or service types
  • Comprehensive data and Competitive analysis of Reprocessed Medical Devices major players
  • Reprocessed Medical Devices Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
  • Reprocessed Medical Devices demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth

Questionnaire answered in the Reprocessed Medical Devices Market report include:

  • How the market for Reprocessed Medical Devices has grown?
  • What is the present and future outlook of the global Reprocessed Medical Devices on the basis of region?
  • What are the challenges and opportunities for the Reprocessed Medical Devices?
  • Why the consumption of Reprocessed Medical Devices highest in region?
  • In which year segment is expected to overtake segment?

Read Our Latest Article on Healthcare Domain  https://www.factmr.com/article/124/latest-trends-in-the-healthcare-industry-how-has-it-transformed-businesses

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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 analysed. 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.

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Business

Growing Demand For Ophthalmic Ultrasound Devices Market To Significantly Increase Revenues Through 2022 – 2031 : Fact.MR

The that global sales of Ophthalmic Ultrasound Devices Market in 2021 was held at US$ 432.2 Mn. With 9.0%, the projected market growth during 2022 – 2032 is expected to be significantly higher than the historical growth. A-Scan is expected to be the highest revenue generating segment, accounting for an expected CAGR rate of 9.1% during 2022 – 2032.

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Key Points Covered in Ophthalmic Ultrasound Devices Market Survey:

  • Market Estimates and Forecasts (2017-2032)
  • Key Drivers and Restraints Shaping Market Growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Market Share Analysis
  • COVID-19 Impact on Ophthalmic Ultrasound Devices Market and How to Navigate
  • Recommendation on Key Winning Strategies

Market Segments Covered in Ophthalmic Ultrasound Devices Market Analysis

  • By Product Type

    • B-Scan
    • A-Scan
    • Combined
    • Pachymeter
    • Ultrasound Bio Microscope
  • By Mobility

    • Portable
    • Standalone
  • By End Use

    • Hospitals
    • Ambulatory Surgery Centers
    • Ophthalmology Clinics
    • Others
  • By Region

    • North America
    • Latin America
    • Europe
    • APAC
    • MEA

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Competitive Analysis

The leading players are focusing on growth strategies, such as innovations in the existing product, frequent product launches, and mergers& acquisitions. Some of the recent developments of key Ophthalmic Ultrasound Devices providers are as follows:

  • In March 2019, Quantal medical received U.S. FDA approval for the launch of its product called ABSolu.
  • In April 2019, Lantheus announced in April that it would combine its microbubble technology with Cerevast’s ocular ultrasound device for the treatment of retinal vascular occlusion. This could be an entryway for newer RVO technologies in the years ahead, which may increase the effective use of recently developed ophthalmic ultrasound systems. Cerevast’s investigational ocular ultrasound program is undergoing a Phase 2b clinical trial in the second quarter of 2019.

Similarly, recent developments related to companies offering Ophthalmic Ultrasound Devices have been tracked by the team at Fact.MR, which are available in the full report.

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What are the insights about segment A-Scan?

The A-Scan segment is expected to register highest CAGR of 9.1%. One of the primary elements which is expected to encourage sector growth is the high use of A-scan equipment for pre-operative viewing of a detached retina in circumstances such as vitreous haemorrhage, peri-orbital trauma, or lens opacification. A-scan offers significant advantages in cataract procedures, resulting in considerable demand. Furthermore, A-scan employs the most up-to-date transducer and electronic technology in ophthalmic practises, ensuring high reliability and accuracy. As a result, the segment is likely to increase at a considerable rate in the coming years.

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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 analysed. 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:

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United States
Tel: +1 (628) 251-1583

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Unit No: AU-01-H Gold Tower (AU),
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Business

Rapid Increase In Use Adoption To Boost Lateral Flow Assays Market Revenue Growth : Fact.MR

The global sales of Lateral Flow Assay in 2021 was held at US$ 7.2 Bn. With 4.7%, the projected market growth during 2022 – 2032 is expected to be significantly higher than the historical growth. Benchtop Readers is expected to be the highest revenue generating product, while Clinical Testing is considered to be the highest revenue generating application with a CAGR of 4.6% and 5% respectively during 2022 – 2032.

Given the multiple advantages that lateral flow technology provides, it is becoming the approach of choice for infectious disease diagnostics. The market’s growth can be due to the rising prevalence of infectious diseases, growing elderly population and the growing popularity of point-of-care testing.

The market is also expected to gain from the growing popularity of self-diagnosis, which is driving demand for home-based lateral flow assay devices. Continuing technological breakthroughs in the field of lateral flow tests are also boosting market expansion. These efforts are aimed at improving the selectivity, sensitivity, and quantitation of these tests. In addition, growth is boosted by the integration of enhanced quantification systems, novel labels, and simultaneous detection approaches.

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Market Segments Covered in Lateral Flow Assay Industry Analysis

  • By Product Type

    • Lateral Flow Readers
    • Digital/Mobile Readers
    • Benchtop Readers
    • Kits & Reagents
  • By Application

    • Drug Development & Quality Testing
    • Clinical Testing
    • Veterinary Diagnostics
    • Food safety & Environment Testing
  • By Technique

    • Sandwich Assays
    • Competitive Assays
    • Multiplex Detection Assays
  • By Region

    • North America
    • Latin America
    • Europe
    • APAC
    • MEA

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Competitive Analysis

Product approvals, new product releases, acquisitions, collaborations, and innovations are all important methods used by leading market players to maintain their market position.

According to the market research analysis, partnerships and expansion have been the prominent development in Lateral Flow Assay market in recent year. Abbott Laboratories; Thermo Fisher Scientific, Inc.; F. Hoffmann-La Roche AG; Bio-rad Laboratories, Inc.; Biomérieux SA; Quidel Corporation; Hologic, Inc.; Perkinelmer, Inc.; Merck KGAA; Becton, Dickinson and Company; Siemens Healthineers; Danaher Corporation; Qiagen N.V. are the prominent providers of Lateral Flow Assay services.

The leading players in the Lateral Flow Assay market have been implementing various tactics to increase growth potential over the next years. Furthermore, the presence of many rising and well-established firms has defined the market for Lateral Flow Assay. Well-known market players are pursuing a variety of tactics, including acquisitions, mergers, and new product releases. Some of the recent developments of key Lateral Flow Assay providers are as follows:

  • In October 2021, Bio-Plex Pro human immunoglobulin A (IgA) and immunoglobulin M (IgM) SARS-CoV-2 antigen panels were launched by Bio-Rad Laboratories, a life science research and clinical diagnostic products firm, to detect IgA and IgM antibodies against four SARS-CoV-2 antigens.
  • In September 2021, The FDA granted ANP Technologies Inc. authorization to use its NIDS COVID-19 Antigen Rapid Test Kit as a treatment for the act of NANs in children as well as adults with suspected COVID-19. Following analyses in the United States, this test utilizes a technology by ANP.
  • In October 2020, Siemens Healthineers launched a rapid antigen test for the detection of SARS-CoV-2.
  • In September 2020, Roche announced the launch of the SARS-CoV-2 fast antigen test for markets that accept the CE Mark. Roche also plans to apply to the US Food and Drug Administration for an Emergency Use Authorization (EUA) (FDA).

Similarly, recent developments related to companies offering Lateral Flow Assay have been tracked by the team at Fact.MR, which are available in the full report.

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What Factors are driving the Lateral Flow Assay Revenue in the US?

The presence of the key market leaders in the United States has facilitated lateral flow assays market growth in the country. Furthermore, a favorable reimbursement scenario and advanced point-of-care testing facilities promote the lateral flow assays market in the United States.

Alongside, the region’s high rate of respiratory illnesses such COVID-19, influenza, and RSV is driving up demand for detection and treatment. The availability of government funding for research and the presence of well-established healthcare infrastructure are expected to boost the market for lateral flow assays in the country. The National Institute of Health (NIH) spent US$ 248.7 Mn for the development of new technologies to overcome issues related with COVID-19 testing in July 2020.

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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 analysed. 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) 251-1583

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
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