Global IoT Enabled CNC Systems Market Size Analysis and Industry Opportunity Assessment 2022-2030

Global IoT Enabled CNC Systems Market Size Analysis, 2022-2030

REPORT ID: BR3426 Domain: ICT Published Date: January 2022
Pages: 200+ Format: PDF

Global IoT enabled CNC Systems market size is estimated to be valued over UX$ XX Million in 2022 and is expected to register a CAGR of 9.7% between 2021 and 2030. In the last few years, there has been series of advancement noted at industrial level. Companies are pushing towards modernization in order to maximize output and reap higher return on investment (ROI). While the adoption of IoT enabled services is increasing at manufacturing site, it is still at its naïve position, thereby creating huge market opportunity for engaged industry players. IoT is applied at various levels and fields in manufacturing sites. CNC Systems is one such field wherein the IoT is leveraged to minimize manual interventions and errors.  

Computer Numerical Control (CNC) device is used to manufacture various components ranging from medical products to complex industrial products. There are several different types of CNC machines to meet industrial demands. CNC milling, lathe, router, laser cutter, plasma cutter are few commonly used CNC machines. With the advent of The Fourth Industrial Revolution or Industry 4.0, adoption of sensors and software across industrial machines have risen. In turn, various use-cases across industries have led to increased productivity, higher quality goods, and reduced costs. IoT-enabled CNC machine is gaining fast traction among manufacturers as it helps in remote monitoring, predictive analysis and maintenance. Engaged companies are focusing on product innovation to create brand presence and ensure long term market sustenance.  

A range of factors will help industry to grow during the forecast period. One such factor is emergence of smart factories worldwide. Other factors include increasing adoption of industry 4.0., growth of digital platforms, etc.    

On the base of solution type, software segment accounted for the largest share in 2021. This segment accounted for over 60% revenue share in 2021. Key players focus on new introducing predictive maintenance solutions in the market. For instance;  

  • In April 2020, Zyfra launched ‘MDCplus’, a remote internet of things (IoT)-based solution, this cloud-based machine monitoring system allows remote monitoring of computerised numerical control (CNC) machines  
  • In December 2019, FANUC launched Industrial IoT Platform FIELD system, retrofits its CNC with powerful industrial PC. Its predictive maintenance platform ‘FIELD system ZDT’ focusses on robots, CNC and machines 

Solution Type 

  • Hardware 
  • Software 
  • Cloud-based 
  • On-premise 
  • Service 

End-use Type 

  • Automotive 
  • Aerospace & Defense 
  • Construction Equipment 
  • Power & Energy 
  • Industrial 
  • Others 

Some of the top players in IoT-based CNC market are  

  • Amada Co., Ltd. 
  • Amera Seiki 
  • Fanuc Corp. 
  • Datron AG 
  • DMG Mori 
  • Dalian Machine Tool Group (DMTG) Corp. 
  • Haas Automation, Inc. 
  • Okuma Corp. 
  • Faststream Technologies 
  • CGTech  
  • FANUC Corp. 
  • Scytec 
  • Zyfra  
  • MachineMetrics 
  • FreePoint Technologies Inc 
  • eNETDNC 
  • Predator Software 
  • Memex 
  • Seiki Systems Ltd 
  • MGC BV 
  • JITbase Technology Inc 

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By |2022-02-21T14:36:50+00:00February 21st, 2022|

In-furrow Equipment Market Size Analysis and Industry Opportunity Assessment 2022-2030

Global In-furrow Equipment Market Size Analysis, 2022-2030

REPORT ID: BR3423 Domain: Healthcare Published Date: February 2022
Pages: 300+ Format: PDF

Global In-furrow Equipment Market Size is estimated to be valued at over US$ 800 Million in 2022– and is expected to register a CAGR of above 6.0% between 2021 and 2030. In-furrow equipment market is expected to surpass 1,000 Mn by end of 2026, primarily due to factors such as inclusion of innovative and advanced technologies in the planting and sowing segment, and support from governments in developing countries, in the form of subsidies, low rates, etc., for adopting farm mechanization.

In-furrow equipment Competition Landscape

In 2022, the top nine in-furrow equipment manufacturers are John Deere Company, AGCO Corporation, Buhler Industries, Inc., Kinze Manufacturing Inc., Case IH Agricultural Equipment Inc., Bourgault Industries Ltd., Seed Hawk Inc., SeedMaster Manufacturing Inc., and Morris Industries Ltd. These players are currently focusing on new product launches and partnerships.

Companies are focusing on developing and designing equipment that are economical and multi-utility products considering large prevalence of marginal holdings worldwide. Key players focus on introducing new products through launches in order to broaden their solution offerings and cater to wider set of audiences and their requirements.

  • In August 2021, AGCO Corporation announced the launch of its Massey Ferguson VE Series Planters. The VE Series is available in a variety of row-unit and spacing combinations, including six, eight, 12, 16, 23, 24 and 36 rows and spacings of 15, 20, 22, 30, 36, 38 and 40 inches.

Key Trends and Factors Driving In-furrow equipment System Market

  • IoT & AI Enabled Equipment: AI are being used in order to develop machines or systems that can act and respond as humans do. Algorithms that are programmed based on historical and real-time data can aid smart or precision farming on field. Several farming processes can be enabled with AI that can improve accuracy and productivity.

In-furrow equipment Market Analysis, By Segments

  • On the basis of opener type, global in-furrow equipment market is segmented into single shoot opener, double shoot opener, others. double shoot opener segment is estimated to register highest growth rate during the forecast period.
  • By crop, the global in-furrow equipment market is segmented into corn, wheat, soybean, sorghum, other cereal and grain types, oilseeds and pulses, fruits and vegetables, and other crop type. Corn segment accounted for the largest revenue share in 2022.

In-furrow equipment Market Analysis, By Region

North America dominated the global In-furrow equipment market, with an estimated revenue share of above 45% in 2022. The region is expected to lose market share to Asia Pacific and Western Europe. While North America dominated the global share, Asia Pacific is expected to register fastest CAGR of above 9% during the forecast period. The region will generate over 2 X higher revenue opportunity between 2021 and 2030.

In Asia Pacific, China will continue to dominate the In-furrow equipment market share during the forecast period. China In-furrow equipment market is estimated to be valued at over US$ 50 Million in 2022.

In Western Europe, physical In-furrow equipment dominated the total sales. Majority of the sales was witnessed in Germany.

Leading In-furrow equipment Players in the Market

Some of the key companies covered in the report are:

  • John Deere Company
  • AGCO Corporation
  • Buhler Industries, Inc.
  • Kinze Manufacturing Inc.
  • Case IH Agricultural Equipment Inc.
  • Bourgault Industries Ltd.
  • Seed Hawk Inc.
  • SeedMaster Manufacturing Inc.
  • Morris Industries Ltd.

What Will You Discover in the Report?

  • An in-depth analysis of the In-furrow equipment market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the In-furrow equipment market sales is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the In-furrow equipment market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the In-furrow equipment industry during the forecast period
  • Who are the In-furrow equipment industry leaders and what are the key initiatives taken by them for long term growth.

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By |2022-02-14T19:17:32+00:00February 14th, 2022|

Limb lengthening Market Size Analysis and Industry Opportunity Assessment 2022-2030

Global Limb lengthening Market Size Analysis, 2022-2030

REPORT ID: BR3421 Domain: Medical Device Published Date: February 2022
Pages: 300+ Format: PDF

Global Limb lengthening Market Size is estimated to be valued at over US$ 90 Million in 2022– and is expected to register a CAGR of above 9.0% between 2021 and 2030. Limb lengthening market is expected to surpass 100 Mn market by end of 2023, primarily due to factors such as prevalence of short stature and leg length discrepancy.

Limb lengthening Competition Landscape

In 2022, the top five limb lengthening manufacturers are NuVasive, Inc., Stryker Corporation, Smith & Nephew plc, Orthofix Medical Inc., Blue Ocean Spine GmbH, and others. These players are currently focusing on acquisitions and new product development. NuVasive, Inc. and Stryker Corp. collectively accounted for over 40% revenue share in the global limb lengthening market.

New partnerships with distributors in order to enhance sales and geographic presence

  • In January 2021, NuVasive partnered with Diamond Orthopedic. The latter company will supply faceted bone screws for the former company’s PRECICE Plate for limb lengthening and reconstruction. Diamond Orthopedic screws are used to secure the plate during bone lengthening process.

Key Trends and Factors Driving limb lengthening System Market

  • Acquisition Among Implant manufacturers in Order to Enhance Business Activities: Large orthopedic and spinal implant players in the industry focus on acquiring intramedullary implant system manufacturers in order to complement its solution portfolio, gain higher market share, and enhance their presence across various verticals ecosystem.
    • In March 2021, Blue Ocean Spine GmbH acquired Prolixo GmbH, a German-based limb lengthening device manufacturer, in order to complement its solution portfolio. The company is expecting full scale commercialization by the end of 2023.
    • In March 2020, Orthofix Medical Inc. acquired assets associated with FITBONE from Wittenstein SE, a German-based manufacturer of planetary gearheads, gearing technology.

Limb lengthening Market Analysis, By Segments

  • On the basis of product type, global limb lengthening market is segmented into monolateral external fixator, circular external fixator, intramedullary fixators, accessories. intramedullary fixators segment is estimated to account for largest share in 2022.
  • By user type, the global limb lengthening market is segmented into pediatric, and adult. Pediatric segment is expected to register fastest growth during the forecast period.
  • By end-user, the market is segmented into hospitals & surgery centers, specialty clinics, and others. Hospitals & surgery centers accounted for the largest revenue share in 2021.

Limb lengthening Market Analysis, By Region

North America dominated the global limb lengthening market, with an estimated revenue share of above 45% in 2022. The region is expected to lose market share to Asia Pacific and Western Europe. While North America dominated the global share, Asia Pacific is expected to register fastest CAGR of 10% during the forecast period. The region will generate over 3.0 X higher revenue opportunity between 2021 and 2030.

In Asia Pacific, China will continue to dominate the limb lengthening market share during the forecast period. China limb lengthening market is estimated to be valued at over US$ 10 Million in 2022.

In Western Europe, physical limb lengthening dominated the total sales. Majority of the sales was witnessed in Germany.

Leading Limb lengthening Market Players

Some of the key companies covered in the report are:

  • NuVasive, Inc.
  • Stryker Corporation
  • Smith & Nephew plc
  • Orthofix Medical Inc.
  • Blue Ocean Spine GmbH.

What Will You Discover in the Report?

  • An in-depth analysis of the limb lengthening market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the limb lengthening market sales is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the limb lengthening market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the limb lengthening industry during the forecast period
  • Who are the limb lengthening industry leaders and what are the key initiatives taken by them for long term growth.

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By |2022-02-14T18:52:43+00:00February 14th, 2022|

Gift Card Market Size Analysis and Industry Opportunity Assessment 2022-2030

Global Gift Cards Market Size Analysis, 2022-2030

REPORT ID: BR3417 Domain: ICT Published Date: February 2022
Pages: 300+ Format: PDF

Global Gift Cards Market Size is estimated to be valued at US$ 865.7 Billion in 2022– and is expected to register a CAGR of above 14.0% between 2021 and 2030. Gift cards market is expected to surpass 1 Tn market by end of 2024, primarily due to factors such as macroeconomic changes such as rise in disposable income and higher out of pocket spending

Gift Cards Competition Landscape

The top nine players in the gift cards market are Amazon.com Inc., American Express Company, Blackhawk Network Holdings Inc., Fiserv Inc., Givex Corporation, InComm Payments, PayPal Inc., Paytronix Systems Inc., Qwikcilver Solutions Pvt Ltd. These players are currently focusing on collaborations and new product development.

Over the last few years, there has been significant shift in business models of gift card industry. This could be inferred from the fact that digital e-cards has grown from 2.7% market share in 2009 to 25.04% in 2020. As a result, engaged players are focused on product innovations along with long term engagement with merchants for stable business growth. Another key focus area of gift card provider is the B2B segment.

Key Trends and Factors Driving gift cards System Market

  • Global Economic Crisis Coupled with Increasing Promotional Business Activities: The pandemic situation with complete shutdowns across the globe has led to the global economic crisis with increased competitions among industry players across multiple industries. With the unlocking trend the business organizations are taking to various promotional strategies like providing gift cards, for market revival and keeping themselves afloat. The gift card players can gain vastly from this situation over the time frame.

Gift Cards Market Analysis, By Segments

  • On the basis of card type, global gift cards market is segmented into e-gift cards, physical cards. Physical gift cards is estimated to account for largest share in 2022.
  • By function type, the global gift card market is segmented into closed loop, and open loop
  • By price range, the market is segmented into low (US$ 0-200), medium (US$ 200-500), and high (above US$ 500)
  • By merchant type, the gift cards market is bifurcated into coffee shops, entertainments, hospitality, book stores, restaurants, department stores, grocery stores, supermarkets/hypermarkets, discount stores, home décor stores, gas stations, e-commerce, visa/master/american express, and others. Supermarkets/hypermarkets segment is expected to dominate to global gift cards market in 2022.
  • By end-user, the market is segmented into retail establishment, and corporate institution. In terms of highest growth, corporate institution segment is expected to register highest CAGR during the forecast period.

Gift Cards Market Analysis, By Region

North America dominated the global gift cards market, with an estimated 30.2% revenue share in 2022. The region is expected to lose market share to Asia Pacific and Western Europe. While North America dominated the global share, Asia Pacific is expected to register fastest CAGR of 19.8% during the forecast period. The region will generate over 6.1 X higher revenue opportunity between 2021 and 2030.

In Asia Pacific, China will continue to dominate the gift cards market share during the forecast period. China gift cards market is estimated to be valued at US$ 79.5 Billion in 2022.

In Western Europe, physical gift cards dominated the total sales. Majority of the sales was witnessed in Germany.

Leading Gift Cards Market Players

Some of the key companies covered in the report are:

  • com Inc.
  • American Express Company
  • Blackhawk Network Holdings Inc.
  • Fiserv Inc.
  • Givex Corporation,
  • InComm Payments
  • PayPal Inc.
  • Paytronix Systems Inc.
  • Qwikcilver Solutions Pvt Ltd.

What Will You Discover in the Report?

  • An in-depth analysis of the gift cards market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the gift cards market sales is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the gift cards market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the gift cards industry during the forecast period
  • Who are the gift cards industry leaders and what are the key initiatives taken by them for long term growth

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By |2022-02-14T18:40:58+00:00February 14th, 2022|

External Pacemaker Market Size Analysis and Industry Opportunity Assessment 2022-2030

Global External Pacemaker Market Size Analysis, 2022-2030

REPORT ID: BR3415 Domain: Healthcare Published Date: February 2022
Pages: 300+ Format: PDF

Global External Pacemaker Market Size is estimated to be valued at US$ 20.6 Million in 2022 and is expected to register a CAGR of above 3% between 2021 and 2030. External Pacemaker market surpassed 30 Mn market by end of 2026, primarily due to factors such as increasing prevalence of chronic disease and cardiovascular diseases (CVDs).

  • According to ‘Global Burden of Cardiovascular Diseases and Risk Factors, 1990-2019’ report, the prevalent cases of total CVD nearly doubled from 271 Mn in 1990 to 523 Mn in 2019

External Pacemaker Competition Landscape

In 2021, top five external pacemaker companies accounted for over 75% of the total market share. The top five players in the external pacemaker market are Biotronik SE & Co KG, Osypka Medical GmbH, Oscor Inc., Medtronic, and Braile Biomedica. Medtronic and Biotronik SE & Co KG collectively accounted for the majority of revenue share in 2022.

Key players focus on focusing on market expansion through service expansion.

External Pacemaker Market Analysis, By Segments

  • On the basis of product type, global external pacemaker market is segmented into single chamber pacemakers, dual chamber pacemakers, and biventricular pacemakers. single chamber pacemaker segment is estimated to account for largest share in 2022.
  • By distribution channel, the market is segmented into online and offline. In terms of highest growth, online segment is expected to register highest CAGR during the forecast period.
  • On the basis of end-user, global external pacemaker market is segmented into hospitals and specialty clinics, ambulatory surgical centers, and others. hospitals and specialty clinics segment accounted for largest share in 2022.

External Pacemaker Market Analysis, By Region

North America dominated the global external pacemaker market, with over 40% revenue share in 2022. The region is expected to lose market share to Asia Pacific and Western Europe. While North America dominated the global share, Asia Pacific is expected to register fastest CAGR during the forecast period. The region will generate over 1.8X higher revenue opportunity between 2021 and 2030.

In Asia Pacific, China will continue to dominate the External Pacemaker market share during the forecast period. India external pacemaker market is estimated to be valued at over US$ 0.5 Million in 2022.

In Western Europe, external pacemaker dominated the total sales. Majority of the sales was witnessed in Germany.

Leading External Pacemaker Market Players

Some of the key companies covered in the report are:

  • Biotronik SE & Co KG
  • Osypka Medical GmbH
  • Oscor Inc.
  • Medtronic
  • Braile Biomedica

What Will You Discover in the Report?

  • An in-depth analysis of the external pacemaker market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • External pacemaker market value and volume analysis for 10 years
  • How the external pacemaker market sales is expected to grow throughout the forecast period.
  • What geopolitical policies and technological changes will affect the external pacemaker market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the External Pacemaker industry during the forecast period
  • Who are the External Pacemaker industry leaders and what are the key initiatives taken by them for long term growth?

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By |2022-02-14T18:42:39+00:00February 14th, 2022|

Digital Microfluidics Market Size Analysis and Industry Opportunity Assessment 2022-2030

Global Digital Microfluidics Market Size Analysis, 2022-2030

REPORT ID: BR3412 Domain: Healthcare Published Date: February 2022
Pages: 300+ Format: PDF

Global Digital Microfluidics Market Size is estimated to be valued at over US$ 650 Million in 2022– and is expected to register a CAGR of above 30.0% between 2021 and 2030. Digital microfluidics market is expected to surpass 1,000 Mn by end of 2024, primarily due to factors such as Increasing prevalence in chronic disease and technological advancements in microfluidics.

Digital Microfluidics Competition Landscape

In 2022, the top five digital microfluidics manufacturers are Oxford Nanopore Technologies, GeneMark Diagnostics, BGI, Baebies, Inc., Micronit, and others. These players are currently focusing on acquisitions and new product development. GeneMark Diagnostics and BGI collectively accounted for over 45% revenue share in the global digital microfluidics market.

New players focus on raising funds in order to support further development activities

  • In April 2021, Baebies received US$ 11.6 million as funding from CARB-X. The funding is intended to support the development of a near-patient and rapid diagnostic platform for sepsis. As of May 2021, the company has raised a total of US$ 28.3 Mn from 173 investors in order to develop and commercialize newborn screening and pediatric testing solutions. The company has delivered 10 million screenings since its inception in 2014.

Key Trends and Factors Driving Digital Microfluidics System Market

  • Partnerships Among manufacturers in Order to Broaden Solution Portfolio: Key players focus on partnering and collaborating with research institutes and other companies in order to broaden their solution portfolio.
    • In August 2021, researchers at Suzhou Institute of Biomedical Engineering and Technology proposed a novel method for digital microfluidic droplet generation. The new method is based on the principle that the symmetrical tearing of the droplet can maintain the balance of surface tension at the geometric center. This droplet splitting method exceeds the geometric limit of electrowetting-on-dielectric (EWOD).
    • In February 2020, Miroculus, Inc. partnered with Twist Bioscience Corporation, in order to focus on next-generation sequencing target enrichment and library preparation tools for clinical research.

Digital Microfluidics Market Analysis, By Segments

  • On the basis of workflow type, global digital microfluidics market is segmented into whole genome sequencing, whole exome sequencing, targeted sequencing & resequencing. Whole genome sequencing segment is estimated to register highest growth rate during the forecast period.
  • By application, the global digital microfluidics market is segmented into cancer diagnostics, reproductive health diagnostics, infectious disease diagnostics, other disease detection, agriculture and animal research, others. Infectious disease diagnostics segment accounted for the largest revenue share in 2022.
  • By end-user, the market is segmented into hospitals & diagnostic centers, academic & research institutes, pharmaceutical & biotechnology companies, and others. Hospitals & diagnostic centers accounted for the largest revenue share in 2022.

Digital microfluidics Market Analysis, By Region

North America dominated the global digital microfluidics market, with an estimated revenue share of above 50% in 2022. The region is expected to lose market share to Asia Pacific and Western Europe. While North America dominated the global share, Asia Pacific is expected to register fastest CAGR of above 40% during the forecast period. The region will generate over 30.0 X higher revenue opportunity between 2021 and 2030.

In Asia Pacific, China will continue to dominate the digital microfluidics market share during the forecast period. China digital microfluidics market is estimated to be valued at over US$ 50 Million in 2022.

In Western Europe, physical digital microfluidics dominated the total sales. Majority of the sales was witnessed in Germany.

Leading Digital Microfluidics Players in the Market

Some of the key companies covered in the report are:

  • Oxford Nanopore Technologies
  • GeneMark Diagnostics
  • BGI
  • Baebies, Inc.
  • eMALDI BV
  • Miroculus, Inc.

What Will You Discover in the Report?

  • An in-depth analysis of the digital microfluidics market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the digital microfluidics market sales is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the digital microfluidics market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the digital microfluidics industry during the forecast period
  • Who are the digital microfluidics industry leaders and what are the key initiatives taken by them for long term growth.

Analyst access with Bekryl Market Analysts

Purchasing of digital microfluidics market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.

   

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By |2022-02-14T18:14:03+00:00February 14th, 2022|

3D Bioprinting Market Size Analysis and Industry Opportunity Assessment 2022-2030

Global 3D Bioprinting Market Size Analysis, 2022-2030

REPORT ID: BR3409 Domain: Healthcare Published Date: February 2022
Pages: 300+ Format: PDF

Global 3D bioprinting Market Size is estimated to be valued at US$ 202.7 Million in 2022– and is expected to register a CAGR of 41.4% between 2021 and 2030. 3D bioprinting market surpassed 1 Bn market by end of 2027, primarily due to factors such as need for artificial organs for replacements, increasing demand for non-animal drug testing, and growing demand for organ transplant, etc.

3D bioprinting is the deposition of living cells in a spatially controlled manner in the absence of any pre-existing scaffold and in more than a single layer. 3D bioprinting holds huge potential to disrupt the way in which a product could be designed, developed and manufactured. The industry has seen the emergence of numerous start-ups, spin-outs, and subsidiaries in last six years. Interest in the field of 3D bioprinting is gaining momentum not only from academics but also from commercial settings.

3D bioprinting Competition Landscape

In 2021, top seven 3D bioprinting companies accounted for over 30% of the total market share. The top five players in the 3D bioprinting market are Cellink AB, Aspect Biosystems, Cellbricks GmbH, Digilab, Organovo. Aspect Biosystems had the largest funding of 30 Mn and is currently focusing on collaborations with universities in order to develop new products.

Key players focus on partnering with various local and regional players in order to enhance its presence especially in developed and emerging countries

  • In July 2020, PeptiGelDesign announced Appleton Woods as its UK distributor partner for PeptiGel range of synthetic hydrogels for 3D cell culture, spheroid and organoid growth and drug discovery
  • In September 2020, GeSiM partnered with InnoRegen, Inc., a South Korean-based bioink company, in order to sale the latter company’s bioink products

Key Trends and Factors Driving 3D bioprinting System Market

  • Mergers Acquisition Trends: In addition to the product development, companies are strategically focusing on mergers and acquisition for long term market sustenance.
    • In August 2020, Cellink AB entered into an agreement to acquire Scienion Ag, in order to adopt the latter’s precision dispensing technologies in to its current product offerings
    • In May 2020, CELLINK announced partnership with AstraZeneca to provide advanced 3D-bioprinted liver organoids. CELLINK has an R&D lab in AstraZeneca’s BioVentureHub in Gothenburg, Sweden. The new collaboration will leverage CELLINK’s innovative and patent-pending bioink, Extra Cellular Matrix and Laminin based bioinks, which enables human cells to grow and function as they would in the human body.

3D bioprinting Market Analysis, By Segments

  • On the basis of product type, global 3D bioprinting market is segmented into 3D bioprinter (inkjet, extrusion, laser induced forward transfer, microvalve), bioinks, biomaterials, and Consumables. Electro-pneumatic 3D bioprinter is estimated to account for largest share in 2022.
  • By Application, the market is segmented into regenerative medicines, drug discovery, tablet printing, cell-based biosensors, academic research, and others. In terms of highest growth, regenerative medicines segment is expected to register highest CAGR during the forecast period.

3D bioprinting Market Analysis, By Region

North America dominated the global 3D bioprinting market, with an estimated 55% revenue share in 2022. The region is expected to lose market share to Asia Pacific and Western Europe. While North America dominated the global share, Asia Pacific is expected to register fastest CAGR of 52.5% during the forecast period. The region will generate over 35 X higher revenue opportunity between 2021 and 2030.

In Asia Pacific, China will continue to dominate the 3D bioprinting market share during the forecast period. China 3D bioprinting market is estimated to be valued at US$ 12.2 Million in 2022.

In Western Europe, 3D bioprinter dominated the total sales. Majority of the sales was witnessed in Germany.

Leading 3D bioprinting Market Players

Some of the key companies covered in the report are:

  • 3D Bioprinting Solutions/Vivax Bio
  • 3Dynamic Systems
  • Aether
  • Aspect Biosystems
  • BioBots (now Allevi)
  • BioDan Group
  • BIOLIFE4D
  • Cellenion

What Will You Discover in the Report?

  • An in-depth analysis of the 3D bioprinting market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the 3D bioprinting market sales is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the 3D bioprinting market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the 3D bioprinting industry during the forecast period
  • Who are the 3D bioprinting industry leaders and what are the key initiatives taken by them for long term growth

Analyst access with Bekryl Market Analysts

Purchasing of 3D bioprinting market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.

   

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By |2022-02-14T17:59:46+00:00February 14th, 2022|

Global Audio Interface Market Share, Size and Industry Opportunity Assessment 2022-2030

Global Audio Interface Market Size Analysis, 2022-2030

REPORT ID: BR3400 Domain: ICT Published Date: January 2022
Pages: 200+ Format: PDF

Global Audio Interface Market Size is estimated to be valued at US$ 286.7 million in 2021 – registering a CAGR of 6.2% between 2021 and 2030. Audio interfaces convert microphone and instrument signals into a format that computer and software recognize. These devices range from US$ 50 to several thousand dollars. Rising number of live video conferencing along with surge in demand for improved efficiency and performance devices are key factors driving the demand for audio interface worldwide. It allows maximum processing versatility, improved audio engine, high – quality modules, and comprehensive broadcasting.

Audio Interface Competition Landscape

In 2021, top five audio interface companies accounted for over three-fourth of market share. Merger and acquisition has been witnessed in the market. Companies are spending a significant amount of their revenue on enhancing distribution network and supply chain competencies.

Key Trends and Factors Driving Audio Interface System Market

  • Rapid Growth in Music Industry: The growth of the music industry is primarily driven by streaming, in particularly paid subscription streaming revenues which increased by 18.5%. This is expected to drive growth of the audio interface market during the forecast period.
  • Growing Adoption of Video Conferencing Solutions: With the impact of COVID-19, various organizations have resulted in adoption of video conferencing solutions. As remote work expanded, many companies invested in video conferencing solutions in order to support effective meetings and collaboration. This has resulted in growth of the audio interface market to a certain extent. In addition, this has set a foundation for future outlook for remote working. With certain companies emphasizing on the adoption of work from home or remote work as their mainstream process.
  • Series of Acquisitions were witnessed in the audio interface market. Key players in the industry focus on acquiring audio equipment manufacturers in order to complement their solution portfolio, gain higher market share, and enhance their presence across various verticals in the ecosystem. For instance, in 2021, Universal Audio announced the asset purchase agreement with Townsend Labs Inc., a US-based microphone manufacturer, in order to complement its solution portfolio

Audio Interface Market Analysis, By Segments

  • On the basis of connectivity type, global audio interface market is segmented into thunderbolt, USB, and musical interface digital interface. USB based audio interface accounted for largest share in 2021.
  • By form, audio interface products are analysed by rack mount interface and desktop interface. Rack mount interface dominated the global share in 2021.
  • By distribution network, online channel is expected to register fastest growth during the forecast period. Major players are expected to push towards leveraging online channel to lower operational cost and reach large number of end-use customers.
  • On the basis of end-user, global audio interface market is segmented into amateurs and professional. In 2021, professionals accounted for 87.4% of total audio interface sales.

Audio Interface Market Analysis, By Region

North America dominated the global audio interface market, accounting for 36.2% share in 2021. The region is expected to lose market share to Asia Pacific and MEA. While North America dominated the global share, Asia Pacific is expected to register fastest CAGR of 10.2% during the forecast period. The region will generate 2.8X higher revenue opportunity between 2021 and 2030.

In Asia Pacific, India will continue to dominate the Audio interface market share during the forecast period. India audio interface market is estimated to be valued at US$ 37.1 million in 2022.

In Western Europe, desktop-based audio interface dominated the total sales. Majority of the sales was witnessed in France.

Leading Audio Interface Market Players

Some of the key companies covered in the report are:

  • Focusrite Audio Engineering Ltd
  • Universal Audio
  • Steinberg Media Technologies GmbH
  • LOUD Audio, Ltd
  • Presonus Audio Electronics, Ltd
  • Zoom Corporation
  • Roland Corporation
  • M-audio
  • Audient Limited
  • Ik Multimedia Production Srl
  • Solid State Logic

What Will You Discover in the Report?

  • An in-depth analysis of the audio interface market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the audio interface market sales is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the audio interface market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the audio interface industry during the forecast period
  • Who are the audio interface industry leaders and what are the key initiatives taken by them for long term growth

Analyst access with Bekryl Market Analysts

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By |2022-01-29T05:11:02+00:00January 5th, 2022|

Hydrocephalus Shunt Market Share, Size and Industry Opportunity Analysis, 2022-2030

Global Hydrocephalus Shunt Market Size Analysis, 2022-2030

REPORT ID: BR3245 Domain: Healthcare Published Date: January 2022
Pages: 300+ Format: PDF

Global Hydrocephalus Shunt market size is estimated to be valued over US$ 478 million in 2022 and is expected to register 7.4% CAGR during the forecast period. Hydrocephalus is a medical condition caused due to accumulation of fluid in the brain These shunts are medical devices that are placed inside the brain to drain out the extra cerebrospinal fluid (CSF).  These devices are highly effective and is widely preferred means of treating the patients. Over the last ten years, prevalence rate of congenital hydrocephalus has decreased to a large extent. As per the estimates, every one in 1000 births is affected with congenital hydrocephalus. Acquired hydrocephalus has also increased in recent years mainly due to changing lifestyle or illness and injuries caused to the brain. Medical industry has seen few major technological advancements that are highly effective to treat such cases. Shunting is one such procedure. Sales of ventriculoperitoneal Shunt has increased and is expected to continue its growth momentum during the forecast period.

Global Hydrocephalus shunt market to register 7.3% CAGR between 2019 and 2028, finds Bekryl Market Analysts. Inorganic growth strategy will continue to be the major focus of the industry players in the market.

Competition Landscape:

Hydrocephalus shunt market is highly consolidated. Only a few players are engaged in manufacturing the shunts. As a result, manufacturers have greater control on the profit margins. These players primarily focus on product development and well developed distribution channels. Partnership with regional vendors and hospitals has yielded stable growth since past many years.

In 2022, Medtronic plc, B. Braun Melsungen AG, and Integra LifeSciences Corporation accounted for over 81% of global sales revenue.

Key Trends and Factors Driving Hydrocephalus Shunt Market Demand:

  • Traumatic brain injury (TBI) has been a major cause of concern for healthcare personnel. According to the American Speech Language Hearing Association, over 1.7 million TBIs are detected every year in U.S. TBI is also known as silent epidemic since it contributes to over 30% of all injury related deaths worldwide. Various studies have correlated acquired hydrocephalus prevalence due to rise in number of traumatic brain injury cases.
  • Shunting manufacturers take various measures to create awareness among consumers related hydrocephalus prevalence and its potential causes. Such awareness campaign also help companies to showcase their products and reach maximum number of consumers. In addition to companies, there are various organization and NGOs that work solely on creating awareness on neurological disorders. Hydrocephalus Association is one such dedicated organization focuses on creating awareness related to hydrocephalus among common masses. Innovative campaigns and research grants has helped organization to ensure effective treatment. In 2018, the organization awarded Hydrocephalus Association (HA) Innovator Award to three scientists.
  • Increase in geriatric population is another major cause of hydrocephalus. Geriatric population are more susceptible to brain injuries and other environmental factors. As a result, neurological cases are prevalent among the population. Shunting is required to ensure the people have healthy lifestyle. In 2018, hydrocephalus shunting was seen in majority of the targeted geriatric population.
  • Merger and Acquisitions continues to be a key trend in hydrocephalus shunt market. Cut-throat competition and need to acquire newer technologies are key factors that led companies to opt for mergers and acquisitions. In 2017, Integra LifeSciences Corporation acquired Johnson & Johnson Codman Neurosurgery business for US$1.045 billion. Acquisition has helped Integra LifeSciences to have the broad medical device portfolios in the neurosurgery market.
  • Product Development is another major hydrocephalus shunt market trend. Companies and institutes are spending heavily to launch newer products. Recently, in 2018, Rogers Research Group at Northwestern University, developed sensor that can measure temperature to determine how much fluid is flowing through a shunt in hydrocephalus patient. The technology could potentially help save. health care system millions of dollars. Similar such technologies are expected to emerge in the market in next eight to ten years.

Hydrocephalus Shunt Market Size: Segment Analysis

  • On the basis of products, the industry is segmented into valves and catheters. In 2022, valves accounted for 86% of total value sales. It will continue to maintain its market share throughout the forecast period.
  • On the basis of therapeutic procedure, the industry revenue is analyzed across ventriculoperitoneal, ventriculoatrial, ventriculopleural, and lumboperitoneal. Among these, ventriculoperitoneal accounted for the highest share in 2018.
  • On the basis of targeted population (patients by age demographics), majority of hydrocephalus shunting was performed on pediatric population. This is because congenital hydrocephalus prevalence is high compared to acquired hydrocephalus.
  • On the basis of end-use channel, hydrocephalus shunting market sales is witnessed across hospital, clinics, neuro-centers, ambulatory surgical centers, and academic & research centers among others. 88% of hydrocephalus shunting procedure was carried out in hospitals in 2018.

Global Hydrocephalus Shunt Market Size, Regional Analysis:

North America hydrocephalus shunt market accounted for 55.2% of global share in 2022. Growth in the region is mainly attributed to higher hydrocephalus prevalence rate along with well-developed healthcare infrastructure and favorable government reimbursement policies. The region is also characterized by presence of major companies having strong distribution channel.

Western Europe is another major market for the industry players. Almost all players have CE approval for the shunt. The region has significantly higher number of pediatric population suffering from the disease. The targeted demographic structure is also expected to increase during the forecast period, which will further demand the shunt implant in affected population group. In 2018, UK accounted for highest sales of shunt, followed by France and NORDIC.

Leading Hydrocephalus Shunt Market Players:

Some of the key industry players covered in the report are:

  • Boston Neurosciences
  • DePuy Synthes
  • Tokibo Co., Ltd
  • HLL Lifecare Limited
  • Christoph Miethke GmbH & Co. KG
  • Integra LifeSciences Corporation
  • Sophysa SA
  • Spiegelberg GmbH & Co. KG
  • Terumo Corporation
  • Natus Medical Incorporated
  • Braun Melsungen AG
  • Medtronic Plc
  • Johnson & Johnson Services Inc.

Research Scope

By Product Type:

  • Valves
    • Fixed Pressure Valves
    • Adjustable Pressure Valves
  • Catheters
    • Standard Catheters
    • Antimicrobial Catheters

By Therapeutic Procedure:

  • Ventriculoperitoneal
  • Ventriculoatrial
  • Ventriculopleural
  • Lumboperitoneal

By Targeted Population:

  • Pediatric
  • Adults

By End-use Channel:

  • Hospitals
  • Clinics
  • Neuro centers
  • Ambulatory Surgical Centers
  • Others

What Will You Discover in the Report?

  • An in-depth analysis of the Hydrocephalus Shunt market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the Hydrocephalus Shunt market sales is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the Hydrocephalus Shunt market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the Hydrocephalus Shunt industry during the forecast period
  • Who are the Hydrocephalus Shunt industry leaders and what are the key initiatives taken by them for long term growth

Analyst access with Bekryl Market Analysts

Purchasing of Hydrocephalus Shunt market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.

   

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By |2022-01-05T08:14:02+00:00January 4th, 2022|

Electronic Prescribing and Administration System Market Size Analysis

Global Electronic Prescribing and Administration System Market Size Analysis, 2020-2030

REPORT ID: BR3395 Domain: Healthcare IT Published Date: January 2022
Pages: 200+ Format: PDF

Global Electronic Prescribing and Administration System Market Size was valued over US$ 1270.3 million in 2021 – registering a CAGR of 17.1% between 2021 and 2030. Cerner Corporation, Epic Systems Corporation, Allscripts Healthcare Solutions Inc., Athenahealth Inc., Nextgen Healthcare Inc., Medical Information Technology Inc., Relayhealth Corporation are key players operating in the market.

The major factors augmenting the growth of the Electronic Prescribing and Administration System market include shift from physicians’ solo practice to that of working in multidisciplinary centers. In addition, technological advancement in e-prescribing solutions coupled with growing demand for electronic health record services is expected to propel the sales in coming years.

These platforms have also improved the convenience of patients and resulted in rising demand for the model across world especially in developing regions. Advent of online pharmacy has further accelerated the momentum for e-prescription worldwide. As of 2021, global electronic prescribing and administration system is led by North America and Western Europe. However, the major opportunity lies in addressing the vast unmet needs of changing developing Asia Pacific and Latin America market.

Electronic Prescribing Competition Landscape

Electronic prescribing market is substantially consolidated wherein top five players accounted for 27.4% market share. Cerner Corporation and Surescripts, LLC are market leaders.

Electronic prescribing market will create higher incremental opportunity for engaged companies during the forecast period.

Key Trends and Factors Driving Electronic Prescribing and Administration System Market

  • Emergence of Telehealth Solution: Telehealth has helped expand access to care at a time when the pandemic has severely restricted patients’ ability to see their doctors. COVID-19 has caused a massive acceleration in the use of telehealth. Less than 11% of total consumers were using telehealth solutions in 2019, which increased to 79% in 2020. Increasing adoption of telehealth solution will continue to create favourable ecosystem for e-prescribing vendors worldwide.
  • Improved Patient Compliance: IoT enabled healthcare may provide value-added information to consumers, such as drug interactions, side effects, medicine reminders, and information on cheaper substitutes. This power of knowledge enables the consumer to improve compliance. Furthermore, ease of convenience has increased with advent of e-prescribing systems. Patients (consumer) would be able to order medicines in a convenient manner from their mobile phones or computers. This will significantly help patients who are old and sick and not in a condition to go out to find a pharmacy.
  • Product Development and Launch continues to play a major role in e-prescribing industry. Key players focus on partnering with various players in order to broaden their network, enhance their presence, and develop new solutions through integration and upgradation. For instance, In August 2021, Surescripts, LLC partnered with GoodRx in order to integrate its real-time drug discount pricing in the latter company’s electronic health records.

E-Prescribing Market Analysis, By Type

On the basis of type, global electronic prescribing industry revenue is segmented on the basis of software and services. Revenue from software is further breakdown to on-premise and cloud based software.

Software dominated the revenue share. Growth in the segment is mainly driven by growing adoption of digital health in hospitals. Also, increasing demand for integrated electronic prescribing systems will create new opportunities for engaged vendors

E-Prescribing Market Analysis, By End-user

On the basis of end-user, electronic prescribing market is segmented into hospitals, office based physicians, pharmacies, and others. In 2021, hospitals accounted for 51.3% of total electronic prescribing software sales.

Electronic Prescribing Market Analysis, By Region

In 2021, North America dominated the global e-prescribing and administration system market. North America e-prescribing market was valued at US$ 396.6 million in 2021. Growth in the region is mainly attributed to higher digital enablement along with presence of large number of specialized hospitals. In addition, favourable reimbursement policies and higher healthcare spending are few other factors driving the electronic prescribing software sales in the region.

Leading Electronic Prescribing  and Administration System Market Players

Some of the key companies covered in the report are:

  • Cerner Corporation
  • Epic Systems Corporation
  • Allscripts Healthcare Solutions, Inc.
  • Athenahealth Inc.
  • NextGen Healthcare, Inc.
  • Medical Information Technology, Inc.
  • Relayhealth Corporation
  • Henry Schein, Inc.
  • eClinicalWorks, LLC
  • Surescripts, LLC

Electronic Prescribing and Administration System Market – Report Taxonomy

The 2022 report edition of e-prescribing market is analyzed on the basis of type and end-user

Product Type:

  • Software
    • On-Premise
    • Cloud Based
  • Services
    • Support & Maintenance
    • Implementation Services
    • Training Services

What Will You Discover in the Report?

  • An in-depth analysis of the e-prescribing market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the e-prescribing market sales is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the electronic prescribing market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the e-prescribing industry during the forecast period
  • Who are the e-prescribing industry leaders and what are the key initiatives taken by them for long term growth

Analyst access with Bekryl Market Analysts

Purchasing of electronic prescribing and administration system market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.

   

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We work together with our clients to present strategic market research solutions that not only helps in understanding the net opportunity but also industry macroeconomic trends shaping the market. We extend our services to all types of industries ranging from inspiring startups to industry giants.

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We provide strategic solutions that help client meet their business needs. Our market research and consulting services includes wide range of organizations ranging from industries to educational and research institutes. Our well-equipped analytical team help client to explore digital platform for maximizing profits.

Industry Partnership

Bekryl Analysts track over 800 media channels and over 9000 market players to get the most blistering information on latest happening. It helps Bekryl to contribute consulting solutions that is proven and effective for clients.

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By |2022-02-16T07:09:24+00:00January 4th, 2022|
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