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industrynewsupdates · 11 days ago

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Trends in the Biopsy Devices Market: Product Insights

The global biopsy devices market was valued at USD 2.25 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2030. This growth is being driven by several key factors, including the rising prevalence of cancer, an increasing emphasis on minimally invasive surgical techniques, the existence of untapped opportunities in emerging economies—particularly in the Asia Pacific region—and the overall improvement of healthcare infrastructure. These trends collectively contribute to the positive outlook for the industry.

According to the Union for International Cancer Control (UICC), the number of new cancer cases is expected to exceed 35 million by 2050, representing an alarming increase of about 77% from the estimated 20 million cases reported in 2022. This substantial rise in cancer incidence is anticipated to significantly boost the demand for biopsy devices, thereby fostering market expansion.

Additionally, the advantages associated with minimally invasive procedures have spurred their global adoption. These types of procedures offer patients quicker recovery times and are generally less traumatic compared to traditional surgical methods. The growing preference for minimally invasive techniques has also driven innovation within the market. A notable example occurred in July 2022, when medical professionals at NewYork-Presbyterian/Columbia unveiled a new technology that provides a safer, less invasive, and more timely approach to performing lung biopsies.

Gather more insights about the market drivers, restrains and growth of the Biopsy Devices Market

Product Insights

In 2023, needle-based biopsy guns held a dominant position in the market, capturing the largest share at 43.1%. This prevalence is largely attributed to the growing demand for these devices, which are essential for collecting samples from the soft tissues of internal organs. The efficiency and effectiveness of needle-based biopsy guns make them a preferred choice among healthcare professionals for various diagnostic procedures. As the healthcare landscape evolves, the need for accurate and minimally invasive sampling techniques continues to rise, propelling the growth of this market segment.

One of the critical factors driving the demand for needle-based biopsy guns is the increasing requirement for rapid and gentle procurement of cell samples. This necessity has led to significant advancements in biopsy technology, particularly with the introduction of innovative devices such as vacuum-assisted biopsy (VAB) systems. These systems enhance the precision and speed of sample collection, minimizing patient discomfort and maximizing the quality of the samples obtained. For example, in August 2022, Mammotome launched its Vacuum-Assisted Breast Biopsy System, designed specifically to facilitate lesion excision. This innovative technology exemplifies the trend toward developing more sophisticated biopsy devices, which is likely to further stimulate market growth.

In addition to needle-based biopsy guns, the biopsy needle segment is anticipated to experience considerable growth throughout the forecast period. This segment's expansion can be attributed to several factors, including technological advancements and an increasing demand for specialized needles that can effectively access challenging anatomical structures during biopsies. As healthcare practitioners aim to improve diagnostic accuracy, the ability to navigate complex anatomical areas becomes crucial. Innovations in biopsy needle design are playing a pivotal role in meeting these requirements, allowing for better accessibility and precision in sample collection.

The ongoing innovation in biopsy needle technology is expected to be a significant driver of segmental growth. For instance, in May 2024, Cook Medical introduced the EchoTip AcuCore EUS biopsy needle, specifically designed for precision biopsies of gastrointestinal lesions. This product's launch highlights the commitment of industry players to develop advanced solutions that address the evolving needs of medical professionals. Such innovations are essential in enhancing the accuracy and reliability of biopsy procedures, which, in turn, supports the broader market for biopsy devices.

Order a free sample PDF of the Biopsy Devices Market Intelligence Study, published by Grand View Research.

#Biopsy Devices Market #Biopsy Devices Market Analysis #Biopsy Devices Market Report #Biopsy Devices Industry #Biopsy Devices Market Product Insights

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globalgrowthinsights · 3 months ago

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GPS Watch Tracker Market Size, Share, Volume, Trends, Demand, Growth and Forecast Report 2024-2032

GPS Watch Tracker Market provides in-depth analysis of the market state of GPS Watch Tracker manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of GPS Watch Tracker in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of GPS Watch Tracker Market Report:

The report offers a comprehensive and broad perspective on the global GPS Watch Tracker Market.

The market statistics represented in different GPS Watch Tracker segments offers complete industry picture.

Market growth drivers, challenges affecting the development of GPS Watch Tracker are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of GPS Watch Tracker.

Major stakeholders, key companies GPS Watch Tracker, investment feasibility and new market entrants study is offered.

Development scope of GPS Watch Tracker in each market segment is covered in this report. The macro and micro-economic factors affecting the GPS Watch Tracker Market

Advancement is elaborated in this report. The upstream and downstream components of GPS Watch Tracker and a comprehensive value chain are explained.

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pranalip · 3 months ago

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Digital Thoracic Drainage Devices Market Share, Size And Forecast 2024-2033 | Global Insight Services

Digital Thoracic Drainage Devices, also known as Digital Chest Drainage Systems, are medical devices used in the treatment and management of pleural effusions, empyema, and pneumothorax. They are used in the collection, measurement, and evacuation of fluid from the chest cavity.

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Digital Thoracic Drainage Devices are typically composed of a drainage tube, a suction device, a drainage bag, and a drainage chamber. The drainage tube is inserted into the chest cavity and connected to the suction device, which is used to create a vacuum. The vacuum draws the fluid out of the chest cavity and into the drainage bag, where the fluid is contained and measured. The drainage chamber is then used to evacuate the fluid from the drainage bag.

Digital Thoracic Drainage Devices are generally easy to use and are safe for patients. They are also highly accurate in measuring the amount of fluid that is collected and evacuated from the chest cavity. This allows for better monitoring of the patient’s condition and facilitates quick and effective treatment.

Digital Thoracic Drainage Devices are typically used in conjunction with other treatments, such as antibiotics and chest physiotherapy. These devices also reduce the risk of infection and the need for repeated chest X-rays, as they allow for the monitoring of the patient’s condition without the need for additional imaging.

Digital Thoracic Drainage Devices are a valuable tool in the treatment and management of pleural effusions, empyema, and pneumothorax. They are a safe and accurate way to monitor and manage the patient’s condition, and they facilitate quick and effective treatment.

Key Trends

Digital thoracic drainage devices, also known as chest drainage systems, are medical devices used to drain fluid or air from the pleural cavity in the chest. These devices are used to treat a variety of respiratory conditions, such as pneumothorax, hemothorax, and pleural effusions. In recent years, there has been an increase in the development and use of digital thoracic drainage devices. This is due to the numerous benefits they offer, including improved patient outcomes, greater accuracy, and increased safety.

The first trend in digital thoracic drainage devices technology is the development of digital chest tubes. Digital chest tubes are designed to be more accurate and safer than traditional chest tubes. They feature sensors that can detect the presence of air or fluid in the pleural cavity, allowing for more precise drainage. Digital chest tubes are also designed to be more comfortable for patients, with features such as adjustable suction levels and patient-controlled flow settings.

The second trend is the development of smart chest drainage systems. Smart chest drainage systems are designed to provide real-time data and feedback on patient conditions. These systems can monitor a patientâ€™s vital signs, such as heart rate and oxygen saturation, and alert medical staff of any changes. Smart chest drainage systems can also be integrated with other medical devices, such as ventilators, to provide a more comprehensive picture of a patientâ€™s condition.

The third trend is the development of mobile chest drainage systems. Mobile chest drainage systems are designed to be used in a variety of settings, such as at the bedside, in the operating room, or in an ambulance.

Key Drivers

Digital Thoracic Drainage Devices are medical devices used to remove fluid from the lungs for diagnosis and treatment of various respiratory diseases. The global digital thoracic drainage devices market is estimated to grow at a CAGR of 6.6% in terms of value from 2020 to 2027.

The key drivers for the growth of the digital thoracic drainage devices market are the growing prevalence of respiratory diseases, increasing technological advancements in medical devices, rising geriatric population, and increasing awareness about the benefits of digital thoracic drainage devices.

1. Growing Prevalence of Respiratory Diseases: Respiratory diseases such as COPD, asthma, and lung cancer are on the rise. According to the World Health Organization, in 2020, an estimated 64 million people died due to respiratory diseases. This is expected to increase further in the coming years. Digital thoracic drainage devices are used to diagnose and treat these respiratory diseases, thus driving the demand for these devices.

2. Technological Advancements in Medical Devices: The medical device industry is rapidly evolving with the advent of new technologies. Digital thoracic drainage devices are being developed with advanced features such as wireless connectivity, remote monitoring, and automatic drainage. These features are expected to drive the demand for digital thoracic drainage devices.

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Restraints & Challenges

Digital Thoracic Drainage Devices are medical devices used to remove fluid, pus, or other material from the lungs. Although these devices offer a number of advantages over traditional methods, they also face several key restraints and challenges.

One of the main challenges in the Digital Thoracic Drainage Devices market is the lack of standardization. Currently, there are a number of different devices available, with varying features, sizes, and capabilities. This makes it difficult for healthcare providers to select the most appropriate device for a particular patient. Moreover, as technology advances, new and improved devices are being developed, making it difficult for healthcare providers to keep up with the latest developments.

Market Segments

The global Digital Thoracic Drainage Devices Market is segmented by product type, application, end user , and region. By product type, the market is divided into digital chest drainage systems, digital pleural drainage systems, digital thoracic drainage kits. Based on application, it is bifurcated into pneumothorax, pleural effusion, empyema, cardiac surgery, trauma and orthopedic surgery. On the basis of end user , the market is classified into hospitals, ambulatory surgical centers, specialty clinics. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The global Digital Thoracic Drainage Devices Market report includes players like Medtronic (US) , Teleflex (US) , Becton, Dickinson and Company (US), Cook Medical (US) , LivaNova (US) , Schatz (US), Cardinal Health (US), Medela AG (Switzerland), Acist Medical Systems (Germany) , PneumaCare Ltd. (UK)

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Research Scope

Scope – Highlights, Trends, Insights. Attractiveness, Forecast

Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others

Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain

Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments

Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis

Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.

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spookysaladchaos · 3 months ago

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Global Top 15 Companies Accounted for 58% of total Carbon and Graphite Felt market (QYResearch, 2021)

Felts are soft, flexible, high temperature refractory insulation materials, typically used in vacuum and protected atmosphere environments up to a temperature of 3000°C. Carbon and Graphite Felts are two main types of felt used in industries. They are produced when fibres are pressed, matted and condensed together. The firing temperature of carbon felt is usually about 800°C. After high temperature above 2000 ℃ in the vacuum or inert atmosphere, the carbon felt turned into graphite fiber felt. The carbon content is much higher than carbon felt, its 99% min.

According to the new market research report “Global Carbon and Graphite Felt Market Report 2023-2029”, published by QYResearch, the global Carbon and Graphite Felt market size is projected to reach USD 0.38 billion by 2029, at a CAGR of 10.8% during the forecast period.

Figure. Global Carbon and Graphite Felt Market Size (US$ Million), 2018-2029

Figure. Global Carbon and Graphite Felt Top 15 Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)

The global key manufacturers of Carbon and Graphite Felt include Gansu Haoshi Carbon Fiber, SGL Carbon, Kureha, Morgan Specialty Graphite, Chemshine Carbon, Mersen, Nippon Carbon, Sinotek Materials, AvCarb, Shenzhen Goldstone Technology, etc. In 2022, the global top five players had a share approximately 58.0% in terms of revenue.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

#Carbon and Graphite Felt

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marketsndata · 4 months ago

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Polychlorotrifluoroethylene Market Size, Share, Trends, Report 2030

The global polychlorotrifluoroethylene market size was 5248.35 tons in 2022, which is expected to reach 6394.6 tons in 2030, with a CAGR of 2.5% for the forecast period between 2023 and 2030.

Polychlorotrifluoroethylenes is one of the hardest polymers with enhanced mechanical properties and can be successively utilized in cryogenic engineering applications for handling liquid nitrogen and oxygen. For instance, according to the recent data published by the European Medical Technology, in 2022, the average global research and development investment rate was around 8% in the medical sector.

Polychlorotrifluoroethylene (PCTFE) is a melt-processable chlorofluoropolymer that has a relatively low melting point among fluoropolymers. As a result, medical-grade PCTFE is successfully utilized for cryogenic application and handling of severe gases. Furthermore, the rise in the adoption of PCTFE is due to the excellent chemical and temperature resistance that is extensively used in various medical devices and equipment. The semiconductors industry is extremely benefited by polychlorotrifluoroethylene as it has unique properties like low dielectric constant and electrical insulating properties and is frequently used in electronic devices, and gadgets. As a result, advances in the electrical, electronics and medical industry advances are fostering market growth. Moreover, government initiatives for developing advanced semiconductors for electronic gadgets, gaming system, and defense sector is assisting in propelling the polychlorotrifluoroethylene market.

The advancement of electronic devices and gadgets is supported by superior semiconductors that are made of polychlorotrifluoroethylenes, which in turn, is driving the market growth. For instance, according to Japan Electronics and Information Technology Industries Association (JEITA), the global production by Japanese electronics and IT companies in 2022 increased by 8% as opposed to 2021.

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Rising Adoption of Polychlorotrifluoroethylene in Semiconductors Industry

Semiconductors have revolutionized the modernizing world, which is important for advanced telecommunication devices and entertainment gadgets. Polychlorotrifluoroethylene compound is an imperative solution to semiconductors as they potentially drive numerous benefits during the working of semiconductors. A high-performance PCTFE has excellent water vapor barrier properties which are non-inflammable along with excellent heat and chemical resistance properties. Thus, polychlorotrifluoroethylene (PCTFE) in semiconductors delivers low outgassing and low moisture absorption characteristics in vacuums.

For instance, according to recent statistics published by the Japan Electronics and Information Technology Industries Association (JEITA), in 2022, the total global production of electronics and IT industry is estimated to register a growth rate of around 1%, reaching USD 3,436.8 billion. Hence, the phenomenal rise in semiconductor industry significantly drives the global polychlorotrifluoroethylene market growth.

Advancement in Aerospace Parts are Accomplished using Polychlorotrifluoroethylene

Polychlorotrifluoroethylene successively combines essential mechanical and physical properties along with possessing chemical resistance, non-flammability, and excellent electrical properties. Hence, polychlorotrifluoroethylene is deployed as a high-performance material for various aerospace applications that shows stringent resistance to varied temperatures and offers retention properties to aggressive specialty fuels. Polychlorotrifluoroethylene is successively used in regulators, valves, and devices related to essential gases like oxygen, nitrogen, and helium as PCTFE offers low deformation, high compressive strength, low moisture absorption, and extremely low gas permeability.

For instance, the defense ministry of the Indian government has commissioned to increase defense production from USD 12 billion to USD 22 billion by 2025. In 2020, the annual revenue of Saudi Arabian Military Industries (SAMI) was USD 20 million which exponentially increased to USD 690 million in 2021. The rise in defense budget is boosting the demand for aerospace parts, which is driving the growth of the polychlorotrifluoroethylene market.

Rising Demand for Medical Grade Polychlorotrifluoroethylene

Polychlorotrifluoroethylene in medical grades offers an excellent combination of mechanical, electrical, and physical properties and good chemical resistance. The retention of mechanical properties at extremely low temperatures is the reason for the extensive application of PCTFE medical grade as cryogenic and significant handling of gases. Likewise, medical grade PCTFE is potentially active to resist attack by several chemicals due to high fluorine content. PCTFE medical grades are successively used in coating surgical instruments, producing tubes, and catheters along with creating implants and prosthetics.

For instance, MCP Engineering is a leading manufacturer and supplier of polychlorotrifluoroethylene. Their medical-grade PCTFE is machined from sheet, rod and tube, extruded from 5mm diameters to 45mm diameters, according to the provided specifications. Furthermore, Intuitive Surgical, Inc. has invested over USD 350 million across China, Japan, and Germany in 2022, for the expansion of polychlorotrifluoroethylene, including medical grade PCTFE, registering a revenue of over USD 150 million from these countries. Consequently, the market potential for polychlorotrifluoroethylene (PCTFE) is progressive, propelling industry of medical equipment.

Asia-Pacific is Dominating the Polychlorotrifluoroethylene (PCTFE) Market

Asia-Pacific has been the main contributor to the growth of the polychlorotrifluoroethylene (PCTFE) market due to several prominent factors. China is a strong competitor for electronic products as the country supports flexible policies. In addition, the remarkable progress in Japan in building advanced infrastructure for the semiconductor industry has encouraged investors, which is boosting the adoption of PCTFE. The rising production of cellular phones, advanced gaming systems, and portable electronic devices will further drive market growth in the coming years. For instance, according to the National Bureau of Statistics of China, China is a leader in the pharmaceutical industry and has generated revenue of more than USD 0.51 trillion in 2021. Hence, these factors contribute to the growth of the polychlorotrifluoroethylene market in Asia-Pacific.

Impact of COVID-19

The outbreak of COVID-19 led to the shutdown of the electrical and electronic industry in 2020. The reduced demand for electronic devices and gadgets significantly affected the polychlorotrifluoroethylene market. The strict lockdowns imposed by the government entities had significantly deteriorated the production industry, directly reducing the polychlorotrifluoroethylene market. The supply chain of electronic devices was disrupted due to the closure of logistic operations. After the pandemic, the manufacturing units adopted effective measures to counteract the bridge between the supply chains and increase the production capacity of polychlorotrifluoroethylene.

Global Polychlorotrifluoroethylene Market: Report Scope

“Polychlorotrifluoroethylene Market Assessment, Opportunities and Forecast, 2016-2030F”, is a comprehensive report by Markets and data, providing in-depth analysis and qualitative and quantitative assessment of the current state of global polychlorotrifluoroethylene market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, COVID-19, opportunities, and forecast between 2023 and 2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

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Contact

Mr. Vivek Gupta 5741 Cleveland street, Suite 120, VA beach, VA, USA 23462 Tel: +1 (757) 343–3258 Email: [email protected] Website: https://www.marketsandata.com

#Polychlorotrifluoroethylene #Polychlorotrifluoroethylene Market #Chemicals and Materials #Global Market Analysis

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trendingreportz · 6 months ago

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Electric Motor Market - Forecast(2024 - 2030)

Electric Motor Market Overview

Electric Motor Market Size is forecast to reach $169 billion by 2030, at a CAGR of 5.6% during 2024-2030. The increase in global electricity consumption and the use of electrical equipment and machines in different industries and the renewables sector are major factors driving the growth in the electric motor market during the forecast period. An increase in awareness of green vehicles among customers has been a key factor leading the market. Besides this, a rising number of government incentives to encourage sales of green vehicles for safeguarding the environment from carbon emissions is analysed to drive the market. The growing interest in sustainable transportation has driven the demand for electric vehicles. Electric motors play a crucial role in powering EVs, and advancements in motor technology contribute to increased efficiency and range. The industrial sector is witnessing the integration of electric motors with the Internet of Things (IoT) and Industry 4.0 technologies. This integration allows for real-time monitoring, predictive maintenance, and improved efficiency in industrial processes.

Smart motor technologies, incorporating features like connectivity, sensors, and advanced control systems, are becoming more prevalent. These innovations contribute to better performance, remote monitoring, and enhanced automation in various applications. Developments in motor control systems, including advanced algorithms and power electronics, contribute to improved motor performance, reduced energy losses, and enhanced control precision. There is an increasing emphasis on developing more energy-efficient electric motors to meet sustainability goals and reduce energy consumption. Regulations and standards promoting energy efficiency also influence the design and manufacturing of electric motors. Additionally, Electric motors have been observing several advancements in technology over the past few years, owing to which its demand is set to gain higher traction during the forecast period 2024-2030.

Report Coverage

The report: “Electric Motor Market Report– Forecast (2024-2030)”, by IndustryARC covers an in-depth analysis of the following segments of the Electric Motor market

By Product Type: AC Motor (Induction Motor, Synchronous Motor, Servo Motor, Stepper Motor), DC Motor (Brushed DC Motor, Brushless DC Motor, Servo Motor, Series Motor, Stepper motor, Compound Motor).

By Product Category: Permanent Magnet, Non-Permanent Magnet.

By Phase: Single Phase, Three Phase.

By Power Rating: Below 0.5W, 0.5W-1W, 1W to 100W, 100W to 1KW, 1KW to 10KW, 10KW and Above.

By Efficiency: IE1, IE2, IE3, IE4.

By Application: Commercial (Automated Doors, Elevators & Escalators, Blowers, Electric Sweepers, Hand Dryers, Data Center & UPS, Pumps, Power Tools, Water Coolers, Camera PTZ Control, Drones, Others), Consumer Products (Pumps, Hair Dryers, Lawn Mowers, Boilers, Dishwashers, Vacuum Cleaners, washing machine, Blenders & Mixers, Fans & Chimneys, Desktop & Laptops, Smartphones, Refrigerators, Others), Automotive (Body Control motors, EPS Motors, Brake Booster BLDC Motor, Seat Adjustment, Belt Tensioner, Car Window Motor, Door Lock Motors, Wiper Motor, Others), Medical & Healthcare (Diagnostic Equipment (CT Scanners, MRI, Biopsy Systems, Diagnostics Analyzers, Ultrasound Transducers, X-Ray, Others), Medical Centrifuges, Medical Pumps, Blowers and Compressors, Surgical Instruments (Saws, Drills, Surgical Robots, Others), Dental CAD/CAM Milling Machines, Exoskeleton & Prosthetics, Microscopes, Wheelchairs & Scooters, Stair Lifts, Hospital Beds & Exam Tables, Others).

By Geography: North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe(Germany, UK, France, Italy, Spain, Russia, Netherlands, Poland, Czechia, Belgium, Sweden and Others), APAC(China, Japan India, SK, Aus and Others), and RoW (Middle East and Africa)

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Key Takeaways

• The rising demand for efficient energy usage over concerns of environmental impact of energy generation from conventional sources such as coal and natural gas, is expected to help grow the electric motor market in APAC.

• The DC Motor segment is growing at a significant CAGR of 7.6% in the forecast period 2024-2030. A DC motor consists of a stator and a rotor.

• Medical & Healthcare sector is expected to witness a highest CAGR of 8.5% the forecast period 2024-2030, due to its extensive reliance on electrically powered devices and equipment. Diagnostic imaging equipment, such as MRI and CT scanners, demands high-performance electric motors for precise movements and accurate imaging.

• Electric Motor companies are strengthening their position through mergers & acquisitions and continuously investing in research and development (R&D) activities to come up with solutions to cater to the changing requirements of customers.

Electric Motor Market Segment Analysis - By Product Type

The DC Motor segment is expected to grow at a significant CAGR of 7.6% during the forecast period 2024-2030. Owing to the growing penetration of brushless DC motors across various industry verticals substituting brushed dc and even ac induction motors in certain applications such as home appliances. DC motors are used in electric vehicles in the automotive industry for various non-traction applications, contributing to the ongoing shift towards sustainable transportation. As the demand for electric vehicles grows, so does the demand for efficient and dependable DC motors. DC motors are also widely used in industrial automation, powering conveyor systems, robotics, and manufacturing equipment. Owing to the ease of control, they are suitable for accurate and regulated movements in automated processes.

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Electric Motor Market Segment Analysis - By Application

Medical & Healthcare sector is expected to witness a highest growth of CAGR 8.5% during the forecast period 2024-2030, owing to the increase in investments in healthcare and medical sector, along with growing penetration of advanced medical devices & equipment in the sector such as surgical robots, advanced imaging & diagnostic equipment, prosthetics and so on. Medical advances and technical improvements have resulted in the development of a wide range of medical instruments and gear that significantly rely on the precision and efficiency provided by electric motors. High-performance electric motors are required for precise motions and accurate imaging in diagnostic imaging equipment such as MRI and CT scanners. Electric motors provide stability and consistency to patient care and monitoring systems such as infusion pumps and monitoring equipment. Furthermore, the incorporation of electric motors in mobility aids such as electric wheelchairs and patient lifts improves accessibility for people who have mobility issues. Electric motors are used in laboratory equipment, robotic surgical systems, and a variety of medical tools, all of which contribute to the overall efficiency and improvement of healthcare techniques. The demand for electric motors is on the rise as the healthcare industry evolves and adopts more technologically sophisticated solutions, fueling additional innovation in this critical sector.

Electric Motor Market Segment Analysis - By Geography

Electric Motor market in Asia-Pacific region held significant market share of 38% in 2023. Increasing compliance for energy efficient motors and rising adoption of motor-driven electric vehicles are the key factors driving market growth. The rising demand for efficient energy usage over concerns of environmental impact of energy generation from conventional sources such as coal and natural gas, is expected to help grow the electric motor market. In addition, advancements in the agriculture sector and enormous investments in industrialization in countries such as China, India, South Korea, and Australia is driving the market growth. Further, the increasing production and sales of electric vehicles in countries including China and Japan is also analyzed to drive the market growth.

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Electric Motor Market Drivers

Rise in demand for Electric Vehicles

The electric car market has witnessed rapid evolution with the ongoing developments in automotive sector and favorable government policies and support in terms of subsidies and grants, tax rebates. Major manufacturers such as General Motors, Toyota, and BMW plan to release a potential of 400 models and estimated global sales of 25 million by 2025. In 2022, Ford Motor has committed to increase its investments in electric vehicles to $50 billion by 2026, up from a previous spend of $30 billion by 2025. Similarly, in 2020, Volkswagen, Chinese ventures has committed to invest $17.5 billion in electric vehicles by 2025. As electric vehicles use various types of electric motors for traction & auxiliary applications, the rising demand for electric vehicles globally is set to assist the market growth for electric motors used in the same.

Growing R&D activities

Manufacturers are continuously focusing on R&D to develop new and effective electric motors to meet consumer demand. Increasing concerns, such as environmental pollution and regulations, are forcing manufacturers to develop electric motors that reduce vibration and increase efficiency. For instance, a synchronous electric motor is around 80% more efficient than an induction electric motor. Similarly, the development of a new type of steel for electric motors, which reduces the weight of the electric motor and makes it more efficient and powerful. This new type of electric motor will be small in size and cost effective, which will raise demand from residential and commercial applications. Moreover growing developments from various companies is also analysed to drive the market growth. Hence these factors are analysed to drive the market growth in the forecast period 2024-2030.

Electric Motor Market Challenges

Easy availability of low-quality electric motors

The market for electric motors is highly fragmented, with a significant number of domestic and international manufacturers. Product quality is a primary parameter for differentiation in this market. The organized sector in the market mainly targets industrial buyers and maintains excellent product quality, while the unorganized sector offers low-cost alternatives to tap local markets. Local manufacturers of electric motors in most countries target the unorganized sector and compete strongly with the global suppliers in the respective markets. Leading market players are currently exposed to intense competition from such unorganized players supplying inexpensive and low-quality electric motors. This acts as a key challenge for the growth of the market.

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Market Landscape

Product launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Electric Motor market. Electric Motor top 10 companies include:

ABB Ltd

Johnson Electric Holdings Limited

Siemens AG

Rockwell Automation

Nidec Corporation

Bosch Electric

Regal Rexnord

Franklin Electric Company Inc.

Teco Electric & Machinery Co. Ltd.

Wolong Electric Group co. ltd.

Acquisitions/Product Launches

• In July 2023, Nidec Corporation announced that it has successfully developed a new electric power steering motor power pack*1 (“EPS-PP”).

• In July 2023, WEG announced new investments for its motor manufacturing plant located in Manaus, Brazil. The Company will invest R$ 48 million, in the next three years, to expand production capacity and adapt the plant to produce a new line of permanent magnet electric motors for split-type air conditioners

• In December 2023, Johnson Electric Launches 48-Volt Cooling Fan Module with High Power and Efficiency. Johnson Electric is pleased to announce the launch of the 48-Volt Cooling Fan Module with power up to 1.5kW to meet the most demanding cooling requirements. The need to reduce emissions and increase the electrification of the vehicle, requires higher cooling performance and efficiency.

#Electric Motor Market #Electric Motor Market size #Electric Motor industry #Electric Motor Market share #Electric Motor top 10 companies #Electric Motor Market report #Electric Motor industry outlook

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mrfr-blogs · 8 months ago

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Exploring Growth Opportunities in the Steam Autoclave Market: Research Analysis

Market Overview –

The Steam Autoclave Market Size was USD 1.2 billion in 2022. The Steam Autoclave market is expected to increase from USD 1.31 billion in 2023 to USD 407.9 billion by 2032, with a compound yearly growth rate (CAGR) of 2.65% during the forecast period (2023-2032).

The Steam Autoclave Market revolves around sterilization equipment that uses high-pressure steam to eliminate microorganisms and pathogens from medical instruments, laboratory equipment, and other items. Steam autoclaves play a crucial role in ensuring the safety and efficacy of healthcare practices, pharmaceutical production, and research laboratories.

In recent years, the steam autoclave market has witnessed significant growth globally due to the increasing demand for sterile medical equipment and supplies, driven by factors such as the rise in healthcare-associated infections and stringent regulatory requirements. Key players in this market include manufacturers of steam autoclaves, healthcare facilities, pharmaceutical companies, and research institutions, working together to develop and implement effective sterilization solutions.

The steam autoclave market is expanding steadily, driven by the growing demand for effective sterilization solutions in healthcare settings. Autoclave sterilizers offer reliable and efficient disinfection of medical instruments, reducing the risk of infections. Advancements in technology have led to the development of innovative autoclave systems, catering to the diverse needs of healthcare facilities worldwide.

Moreover, advancements in steam autoclave technology have led to the development of innovative features such as pre-programmed sterilization cycles, automated monitoring systems, and data logging capabilities. These advancements enhance sterilization efficiency, ensure compliance with regulatory standards, and minimize the risk of human error in sterilization processes.

Additionally, there is growing interest in eco-friendly steam autoclave systems that use energy-efficient designs, water-saving features, and sustainable materials. These systems help reduce the environmental footprint of sterilization processes while maintaining high standards of sterilization efficacy and safety.

Overall, the steam autoclave market presents opportunities for growth and innovation as stakeholders strive to meet the increasing demand for sterile medical equipment and supplies in healthcare, pharmaceuticals, and research sectors. Efforts to develop cost-effective, user-friendly, and environmentally sustainable sterilization solutions are essential for advancing healthcare practices and ensuring patient safety.

Market Segmentation –

The Global Steam Autoclave Market has been segmented into product type, technology, end user and application.

The market, on the basis of product type, has been segmented into tabletop, vertical, horizontal, floor standing and high pressure. Vertical steam autoclaves are expected to hold the largest market share owing to the high preference for them in hospitals, clinics, laboratories, etc. and also these autoclaves provide safer and efficient sterilization. Tabletop steam autoclaves are expected to grow at the fastest CAGR due to rising demand for portable autoclaves and availability of tabletop autoclaves in various sizes & volumes.

The global market, on the basis of technology, has been segmented into gravity displacement, pre-vacuum, and steam flush pressure pulse.

The global steam autoclave market, by end user, has been segmented into hospitals & clinics, healthcare organizations, academic & research institutes, and other end users.

The global steam autoclave market, by application, has been segmented into medical, dental, laboratory and others.

Regional Analysis –

Regional analysis of the steam autoclave market is crucial for understanding the demand, regulatory landscape, and market dynamics across different geographical regions. Steam autoclaves are widely used in healthcare facilities, laboratories, and pharmaceutical manufacturing for sterilizing medical equipment and instruments.

Factors such as healthcare infrastructure, regulatory standards, and economic development influence the adoption and growth of steam autoclaves in each region. Developed regions like North America and Europe typically exhibit high adoption rates of steam autoclaves due to stringent regulatory requirements, well-established healthcare systems, and a high volume of medical procedures. In contrast, emerging economies in Asia-Pacific and Latin America are experiencing increasing demand for steam autoclaves, driven by factors such as expanding healthcare infrastructure, rising awareness of infection control measures, and growth in the healthcare sector.

Moreover, variations in regulatory standards and compliance requirements impact market dynamics and market access across regions. Conducting a comprehensive regional analysis enables stakeholders to identify market opportunities, tailor their marketing strategies, and address region-specific challenges such as regulatory compliance and market penetration. By understanding regional nuances, companies can effectively navigate the complexities of the global steam autoclave market and capitalize on growth opportunities in different geographic areas.

Key Players –

Steam autoclave key companies include Belimed, BMM Weston Ltd., LTE Scientific Ltd, PHC Corporation, Priorclave Ltd., Tuttnauer, STERIS plc, Astell Scientific, ZIRBUS Technology GmbH, and Accumax India.

Related Reports –

Macrolide Antibiotics

Spinal Traction

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Vasectomy

For more information visit at MarketResearchFuture

#Steam Autoclave Market #Steam Autoclave Market Size #Steam Autoclave Market Share #Steam Autoclave Market Growth #Steam Autoclave Market Trends

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leeb57555 · 11 months ago

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Air Compressor Market Analysis by Trends, Size, Share, Growth Opportunities, and Emerging Technologies

A diesel engine or electric motor powers an air compressor, a mechanical device that converts energy from one form to another and stores it in the pressured air. Powered machine tools, ventilation systems, HVAC control systems, and other industrial and non-industrial uses for powered air employ pressurized air.

Air compressors use the kinetic energy stored in the compressed air to deliver the required power to various machinery, tools, and equipment in different industrial verticals. Additionally, the continuous compression supports the transportation of gases and liquids, the production of goods connected to petrochemistry, and cooling applications.

It has various uses, including cleaning, vacuum packing, spray painting, and other things. Additionally, a wide range of end customers employs air compressors for dehydration, air blowing, cleaning, powering tools, and medical equipment.

Rapid industrialization in developing nations is a crucial element driving the demand for air compressors. The market is expanding because industries worldwide are increasing their need for energy-efficient air compressors.

Browse detailed report - Air Compressor Market Analysis and Demand Forecast Report

Which Category Lead Industry?

Historically, the rotatory category holds the most significant share of about 45.0% because of these types' excellent efficiency and durable construction. Additionally, the category's expansion is aided by the numerous standards issued by government organizations throughout the globe to improve the output energy and efficiency optimization of the rotatory type.

The sales potential is also increased by the rotatory compressor's numerous advantages, including its longer lifespan and significant battery energy savings. Additionally, it is anticipated that the equipment's costly installation and maintenance costs will slow expansion in the upcoming years.

But as technology has advanced, air compressors' compression capacities have increased, which is expected to increase the demand for air compressors. Developing portable and energy-efficient air compressor designs have been widely embraced by businesses worldwide.

#Reciprocating #Rotary #Centrifugal

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delvenservices · 1 year ago

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Sternal Closure Systems Market projected to reach USD 3.17 billion by 2030

Sternal Closure Systems Market, By Product (Wires, Plates and Screws, Bone Cement, Cable, Clips, Others), Procedure (Median Sternotomy, Hemisternotomy, Bilateral Thoracosternotomy), Material (Stainless Steel, Polyether Ether Ketone, Titanium), Fixation Techniques (Wiring Fixation Techniques, Plate-Screw Systems, Interlocking Systems, Cementing, Vacuum Assisted Closure), End Users (Hospitals, Specialized Surgical Centres) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).

Market Overview

The global Sternal Closure Systems market size was estimated at USD 2.1 billion in 2023 and is projected to reach USD 3.17 billion in 2030 at a CAGR of 5.3% during the forecast period 2023-2030.

Sternal closure systems refer to the systems that are used in the fixation and stabilization of fractures of the anterior chest wall. The systems widely utilized in sternal fixation following sternal reconstructive surgical procedures for the purpose of promoting fusion.

The growth of the industry is driven by the increase in cardiac and thoracic surgeries, the introduction of innovative sternal closure systems and the increase in the number of elderly people worldwide. In addition, median sternotomy provides easy and quick access to heart valves and blood vessels, making it one of the most feasible sternal closure procedures.

The widespread use of innovative closure techniques due to the increase in the number of cardiothoracic surgical procedures can also be explained by the increase in the number of elderly people undergoing open heart surgery via median antrectomy. Because of its simplicity and rapid access to the valves and blood vessels, the median sternotomy remained the most commonly used method to expose the heart cavity. Accelerating technological improvements, including the use of biocompatible polymers such as polyether ether ketone (PEEK) and kryptonite bone cement, as well as pre-sternotomy plates and the emergence of minimally invasive median sternotomy procedures, are also likely to drive the expansion of the industry. The demand for surgical instruments has increased dramatically due to the increase in the number of surgical operations worldwide. In addition, the older population is at greater risk of cardiovascular disease due to poor diet and lack of exercise.

In addition, due to the increase in non-communicable diseases and serious injuries, developing countries also spend significantly on public medical infrastructure, which in turn significantly increases the number of surgical procedures here.

COVID-19 significantly affected the growth of the sternal closure system market due to strict lockdown regulations and shortage of sternal closure products in the early stages of the pandemic. Healthcare providers were also working with COVID-19 patients, access was limited to primary care, and the temporary closure of cardiology centers severely limited sternal procedures. According to a BMC study published in March 2021, a global study showed a 50% reduction in cardiac surgery during the pandemic and a 50% reduction in cardiac and intensive care beds in 2020. So, the impact is significant, cardiac surgery also had a significant impact on the sternal closure system, which contributed to the growth of the market.

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Delvens Industry Expert's Standpoint

The pandemic had a considerable impact on businesses globally, with nations like India and China bearing the brunt of the virus's outbreak. Yet The Closure Devices industry dominated the global sternal closure systems market in 2021 and is anticipated to maintain its dominance throughout the forecast period. In 2021, the titanium devices had a sizable market share and are anticipated to increase at the fastest rate throughout the projection period. In 2021, North America dominated the global sternal closure systems market due to the presence of leading companies and the high prevalence of CVDs such as cardiac arrest and valvular heart disease in the zone.

Key Findings

The product segment is divided into closure devices and bone cement, with the former expected to maintain its dominant position in the industry; It also contributed the largest share of the revenue, 60% in 2022. The main drivers of that higher share are the introduction of new parts and the increase in surgical costs per capita in both developed and developing economies. Compared to bone cement, these devices had advantages such as reduced postoperative complications and infections. In addition, they have shown that patients recover faster. Moreover, this category is driven by the efforts of key players by introducing new technologies and products for breast closure.

The procedure segment is divided into hemisternotomy, bilateral thoracosternotomy, median sternotomy, and others. Of these, mediasteronotomy accounted for the largest share, approximately 55% in 2022. This procedure is the most common osteotomy in the world to allow easy access to the heart, lungs and surrounding structures during heart valve surgery and coronary artery bypass grafting. This is because it reduces the likelihood of problems such as skeletal complications, hardware problems including wire rotation or displacement; and postoperative infections. The incision allows access to both pleural spaces, making it useful for several thoracic procedures, including sternal goitre and esophagectomy.

The material segment is further bifurcated into stainless steel, polyether ketone and titanium. The titanium material dominated the demand for sternal closure systems, accounting for the majority of sales. Titanium's superiority can be attributed to its corrosion resistance, ability to efficiently enter human bones, and biocompatibility. Furthermore, titanium's non-ferromagnetic property, which enables patients with titanium implants to be examined safely under an MRI scan, is boosting the material's market penetration. Besides that, the high effectiveness, non-toxic quality, and reliability of titanium materials, and enhanced economic viability and profitability for innovative titanium clips and plates in both emerging and developed countries, are expected to boost the adoption of titanium-based sternal closure systems.

The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. North America is estimated to account for the largest market share during the forecast period. With a large group of patients and well-established medical insurance programs, North America accounted for the largest significant market share. Additionally, the market for sternal closure systems is being fueled by an increase in joint efforts made by several key players to enhance their product offerings and maintain high-quality standards.

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Regional Analysis

North America to Dominate the Market

North America is estimated to account for the largest market share during the forecast period because of the prevalence of heart-related disorders such as cardiac arrest and valvular heart disease within the region.

Competitive Landscape

Johnson & Johnson

DePuy Synthes

Zimmer Biomet Holdings (A&E Medical)

KLS Martin Group

Stryker

Acumed, LLC (Colson Medical, LLC)

Figure 8 Surgical

IDEAR S.R.L

Praesidia SRL

Kinamed Incorporated

Jace Medical

B Braun SE

Orthofix Holdings Inc

Abyrx Inc

Medical Devices Business Services, Inc.

Acute Innovations LLC

A&E Medical Corporation

Dispomedica

JEIL MEDICAL CORPORATION

Teleflex Incorporated

Changzhou Waston Medical Appliance Co., Ltd

Sklar Surgical Instruments

Recent Developments

• In 2022, Evonik Venture Capital announced its investment in CircumFix Solutions which is a Tennessee-based startup that developed a sternal closure device to improve patient recovery after open chest surgery. The device used n implant-grade polyetheretherketone (PEEK) from Evonik for better results.

• In 2021, NEOS Surgery presented their implantable surgical device known as STERN Fix which is made of a Carbon Peek Matrix at the 35th European Association for Cardio Thoracic Surgery (EACTS) annual meeting held from 13 to 16 October in Barcelona.

• In 2020, Zimmer Biomet announced the acquisition of A&E Medical for USD 250 Million which enhances Zimmer Biomet's Dental, Spine & Craniomaxillofacial, and Thoracic businesses.

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Reasons to Acquire

Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.

Gain authentic and granular data access for the Sternal Closure Systems Market to understand the trends and the factors involved in changing market situations.

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.

Report Scope

The Sternal Closure Systems Market is segmented into various segments such product, procedure, material, fixation technique, end user and region:

Based on Product

Closure Device

Wires

Plates and Screws

Cable

Clips

Others

Bone Cement

Based on Procedure

Median Sternotomy

Hemisternotomy

Bilateral Thoracosternotomy

Based on the Material

Stainless Steel

Polyether Ether Ketone

Titanium

Based on the Fixation Techniques

Wiring Fixation Techniques

Plate-Screw Systems

Interlocking Systems

Cementing

Vacuum Assisted Closure

Based on End Users

Hospitals

Specialized Surgical Centres

Based on region

Asia Pacific

Japan

China

India

Australia

South Korea

Vietnam

New Zealand

Philippines

Thailand

Malaysia

Hong Kong

Taiwan

Singapore

Indonesia

Sri Lanka

Rest of Asia-Pacific

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

France

Italy

Spain

Sweden

Austria

Finland

Belgium

Turkey

Russia

Poland

Hungary

Czech Republic

Switzerland

Netherlands

Rest of Europe

South America

Brazil

Argentina

Chile

Colombia

Rest of South America

Middle East & Africa

South Africa

U.A.E.

Saudi Arabia

Oman

Qatar

Iran

Egypt

Rest of Middle East and Africa

The prominent players in the Sternal Closure Systems market are

Johnson & Johnson

DePuy Synthes

Zimmer Biomet Holdings (A&E Medical)

KLS Martin Group

Stryker

Acumed, LLC (Colson Medical, LLC)

Figure 8 Surgical

IDEAR S.R.L

Praesidia SRL

Kinamed Incorporated

Jace Medical

B Braun SE

Orthofix Holdings Inc

Abyrx Inc

Medical Devices Business Services, Inc.

Acute Innovations LLC

A&E Medical Corporation

Dispomedica

JEIL MEDICAL CORPORATION

Teleflex Incorporated

Changzhou Waston Medical Appliance Co., Ltd

Sklar Surgical Instruments

About Us:

Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.

Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

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desaletushki · 1 year ago

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Dental Equipment Market Size, Share & Revenue Forecast 2030

Dental Equipment Market Growth & Trends

The global dental equipment market size is expected to reach USD 17.06 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 6.2% over the forecast period. These tools help with an oral health diagnosis, care, and maintenance and allow practitioners to plan a precise course of action. The introduction of supportive government efforts for oral health, an increase in medical tourism for dental operations, and the incidence of dental problems all contribute to the industry's growth. In addition, manufacturers like Planmeca are always introducing fresh computer-aided technology to the market.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/dental-equipment-market

For instance, the industry demand is being driven by the company's March 2019 launch of the Planmeca Creo C5, an innovative 3D printer created to deliver chairside CAD/CAM dentistry and restorative dental treatments in a single visit.According to the estimates published by the United Nations in 2019, there were 703 million people aged over 65 years globally, and the number of older individuals is projected to double to 1.5 billion by 2050. The rising prevalence of various oral conditions in the geriatric population is likely to increase the demand for preventive, restorative, and surgical services in the future. According to the American Dental Association, 85% of individuals in the United States, value dental health and consider it an essential aspect of overall care.

The realization of the importance and maintenance of oral health combined with better access to advanced dental services will help in the growth of the industry. However, the “emergency-only” mode of dental care delivery due to the COVID-19 pandemic had a rippling effect and the industry witnessed an imminent increase in availing cost of dental care. According to the Journal of Contemporary Dental Practice, dental services were among the last to relaunch in post-pandemic relaxations since dental procedures are at high risk of transmission. This resulted in serious financial problems and revenue loss for the overall dental market.

Dental Equipment Market Report Highlights

Dental systems and parts emerged as the largest product segment in 2022 as these equipment are used for digital imaging and diagnosis of dental ailments

The dental lasers segment is expected to witness the highest CAGR during the forecast period. This is owing to its increasing application in surgical and teeth-whitening procedures.

North America dominated the global industry in 2022 owing to the high demand for new technologies & the prevalence of dental disorders and the presence of a large pool of key players & advanced healthcare infrastructure

Asia Pacific, on the other hand, is expected to register the highest CAGR over the forecast period

Dental Equipment Market Segmentation

Grand View Research has segmented the global dental equipment market on the basis of product type and region:

Dental Equipment Product Type (Revenue, USD Million, 2018 - 2030)

Dental Radiology Equipment

Intra-Oral

Digital X-ray Units

Digital Sensors

Extra-Oral

Digital Units

Analog Units

Dental Lasers

Diode Lasers

Quantum well lasers

Distributed feedback lasers

Vertical cavity surface emitting lasers

Heterostructure lasers

Quantum cascade lasers

Separate confinement heterostructure lasers

Vertical external cavity surface emitting lasers

Carbon Dioxide Lasers

Yttrium Aluminium Garnet Lasers

Systems & Parts

Instrument Delivery systems

Vacuums & Compressors

Cone Beam CT Systems

Cast Machine

Furnace and Ovens

Electrosurgical Equipment

Other System and Parts

CAD/CAM

Laboratory Machines

Ceramic Furnaces

Hydraulic Press

Electronic Waxer

Suction Unit

Micro Motor

Hygiene Maintenance Devices

Sterilizers

Air Purification & Filters

Hypodermic Needle Incinerator

Other Equipment

Chairs

Hand Piece

Light Cure

Scaling Unit

Regional Insights

North America dominated the global industry in 2022 with a market share of more than 38.35% and is expected to showcase a significant CAGR over the forecast period. This is attributed to the rising geriatric population, strong medical infrastructure, well-established reimbursement policies, the existence of key players, and advancement in preventive and restorative dental treatments. Moreover, according to the American Dental Association, 85% of individuals in the United States truly value dental health and consider oral health an essential aspect of overall care. The combination of all these factors will make North America the most promising regional market over the forecast period.

The APAC region is expected to witness the highest CAGR over the forecast period. China, Japan, and India are emerging economies with well-developed healthcare infrastructure & facilities and are now more focused on leading on the basis of R&D activities. They have suitable infrastructure and fundings for the same. A total of 43.6% of the spending is expected to emanate from Asia with countries like China, Japan, and India being the topmost to spend on R&D activities.

Attributes like favorable government policies, the rising geriatric population, the presence of key players, and the rise in the demand for dental procedures are paving way for the market in the Asia Pacific region. Moreover, medical tourism in the region is rapidly increasing due to shorter patient waiting times, low-cost treatment, availability of a large pool of skilled dental practitioners & high-end technology, and the presence of tourist destinations & quality accommodations. These aforementioned factors will assist in the market growth in the region.

List of Key Players of Dental Equipment Market

A-Dec Inc.

Planmeca Oy

Dentsply Sirona

Patterson Companies Inc.

Straumann

GC Corp.

Carestream Health Inc.

Biolase Inc.

Danaher Corp.

3M EPSE

Authoritative Research: https://www.grandviewresearch.com/industry-analysis/dental-equipment-market

#Dental Equipment Market #Dental Equipment Market Size #Dental Equipment Market Share #Dental Equipment Market Growth

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industrynewsupdates · 23 days ago

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Lithium-Ion Battery Market Growth Opportunities and Outlook 2024 – 2030

The global lithium-ion battery market size was estimated at USD 182.5 billion in 2030 and is projected to register a compound annual growth rate (CAGR) of 20.3% from 2024 to 2030. The market is expected to witness significant growth over the forecast period on account of the increasing consumption of rechargeable batteries in consumer electronics and a rise in the adoption of electric vehicles. The rising sales of electric vehicles, along with the expanding renewable energy sector, are expected to drive the market. The emergence of integrated charging stations, green power-generation capability, eMobility providers, battery manufacturers, and energy suppliers is anticipated to stimulate market growth in the coming years.

Increasing sales of electric vehicles in the U.S. owing to supportive federal policies, coupled with the presence of market players in the country, are expected to drive the demand for lithium-ion batteries in the U.S. over the forecast period. Favorable government policies for infrastructural developments at the domestic level through the National Infrastructural Plan (NIP) of the U.S. are expected to promote the growth of the market in the U.S. over the forecast period. Development of the automotive industry in Indonesia, Vietnam, Mexico, Thailand, and India is expected to drive the industry. The growing inclination toward pollution-free HEVs and EVs, along with technological developments, is expected to drive the lithium-ion battery demand over the forecast period. China is expected to witness high gains in light of energy storage technologies and favorable government support to promote investments in the manufacturing sector.

Gather more insights about the market drivers, restrains and growth of the Lithium-Ion Battery Market

Detailed Segmentation:

Application Insights

Based on applications, the market has been segmented into automotive, consumer electronics, industrial, medical devices, and energy storage systems. The consumer electronics segment led the market in 2023 and accounted for the largest revenue share of more than 31.0%. Portable batteries are incorporated in portable devices and consumer electronic products. Applications of portable batteries range from mobile phones, laptops, computers, tablets, torches or flashlights, LED lighting, vacuum cleaners, digital cameras, wristwatches, calculators, hearing aids, and other wearable devices. The electric & hybrid EV market is projected to be the fastest-growing application segment over the forecast period.

Regional Insights

Asia Pacific held the largest market share of over 47.0% in 2023. The market in Europe is expected to witness steady growth over the forecast period owing to the increasing use of li-ion batteries in various sectors including medical, aerospace & defense, automotive, energy storage, and data communication & telecom. The market in Germany is expected to witness steady growth over the forecast period owing to the increasing use of Li-ion batteries in energy storage systems, EVs, and consumer electronics.

Market Dynamics

The increasing adoption of electric vehicles (EVs) is catalyzing a remarkable surge in the global lithium-ion battery industry. As governments and industries worldwide prioritize the transition toward sustainable and environment-friendly transportation, the demand for EVs has experienced a substantial upswing. Lithium-ion batteries, renowned for their high energy density and efficiency, have emerged as the cornerstone of this automotive revolution. These batteries power electric vehicles, providing them with the necessary range and performance to compete with traditional internal combustion engine vehicles.

Product Insights

Based on products, the industry has been segregated into Lithium Cobalt Oxide (LCO), Lithium Iron Phosphate (LFP), Lithium Nickel Cobalt Aluminum Oxide (NCA), Lithium Manganese Oxide (LMO), Lithium Titanate, and Lithium Nickel Manganese Cobalt (NMC). In terms of revenue, the LCO segment accounted for the largest market share of over 30.0% in 2023. High demand for LCO batteries in mobile phones, tablets, laptops, and cameras, on account of their high energy density and high safety level, is expected to augment segment growth over the forecast period. LFP batteries offer excellent safety and a long-life span to product.

Browse through Grand View Research's Conventional Energy Industry Research Reports.

• The global digital oilfield market size was valued at USD 27.4 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2030.

• The global energy harvesting system market size was valued at USD 452.2 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 10.2% from 2020 to 2028.

Key Companies & Market Share Insights

The industry is extremely competitive with key participants involved in R&D and constant product innovation. Key manufactures include Samsung, BYD, LG Chem, Johnson Controls, Exide, and Saft. Several companies are engaged in new product development to improve their global market share. For instance, BYD and Panasonic hold a strong position on account of its increased manufacturing capacities and large distribution network.

Key Lithium-ion Battery Companies:

• BYD Co., Ltd.

• A123 Systems LLC

• Hitachi, Ltd.

• Johnson Controls

• LG Chem

• Panasonic Corp.

• Saft

• Samsung SDI Co., Ltd.

• Toshiba Corp.

• GS Yuasa International Ltd.

Lithium-ion Battery Market Segmentation

Grand View Research has segmented the global lithium-ion battery market report based on product, application and region

Lithium-ion Battery Product Outlook (Volume, GWh; Revenue, USD Billion, 2018 - 2030)

• Lithium Cobalt Oxide (LCO)

• Lithium Iron Phosphate (LFP)

• Lithium Nickel Cobalt Aluminum Oxide (NCA)

• Lithium Manganese Oxide (LMO)

• Lithium Titanate

• Lithium Nickel Manganese Cobalt (LMC)

Lithium-ion Battery Application Outlook (Volume, GWh; Revenue, USD Billion, 2018 - 2030)

• Automotive

• Consumer Electronics

• Industrial

• Energy Storage Systems

• Medical Devices

Lithium-ion Battery Regional Outlook (Volume, GWh; Revenue, USD Billion, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o Russia

o Spain

o France

o U.K.

o Germany

o Italy

• Asia Pacific

o China

o India

o Japan

o South Korea

o Australia

• Central & South America

o Brazil

o Paraguay

o Columbia

• Middle East & Africa

o South Africa

o UAE

o Egypt

o Saudi Arabia

Order a free sample PDF of the Lithium-Ion Battery Market Intelligence Study, published by Grand View Research.

#Lithium-Ion Battery Market #Lithium-Ion Battery Market size #Lithium-Ion Battery Market share #Lithium-Ion Battery Market analysis #Lithium-Ion Battery Industry

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marketwatchpune · 2 years ago

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Canada Treadmill Market to Witness Huge Growth by 2030 – Nordic Track, Octance, Lifefitness, Precor, Cybex

https://www.prosebox.net/entry/1593089/usa-power-energy-saving-services-market-2023-study-an-emerging-hint-of-opportunity-2029/https://www.prosebox.net/entry/1593090/europe-portable-flares-market-projected-to-grow-massively-2023-2029/https://www.prosebox.net/entry/1593092/usa-laser-soldering-robots-market-2023-2029-emergent-technology-advancement/https://www.prosebox.net/entry/1593094/europe-spa-filters-market-research-2023-analysis-by-expert/https://www.prosebox.net/entry/1593095/usa-low-temperature-superconducting-wires-market-size-2023-types-applications-regional-demand/https://www.prosebox.net/entry/1593096/europe-aircraft-switches-market-statistics-report-covers-future-trends/https://www.prosebox.net/entry/1593097/usa-web-analytics-tools-market-2023-statistics-analysis-2029/https://www.prosebox.net/entry/1593098/europe-windshield-lifters-industry-statistics-future-demand-2029/https://www.prosebox.net/entry/1593100/europe-fume-hood-air-flow-monitors-market-2023-industry-analysis-amp-key-vendors/https://www.prosebox.net/entry/1593102/usa-cosmetic-grade-pigments-market-2023-current-amp-future-trends/https://www.prosebox.net/entry/1593104/europe-iron-ore-pelletizing-equipment-market-demand-amp-forecasts-to-2029/https://www.prosebox.net/entry/1593105/usa-yam-root-powder-market-2023-2029-coverage-amp-overview/https://www.prosebox.net/entry/1593107/usa-fluorescent-fingerprint-powders-market-statistics-analysis-segments-top-key-players/https://www.prosebox.net/entry/1593110/usa-medical-coding-and-billing-services-market-to-see-massive-growth-by-2029/https://www.prosebox.net/entry/1593112/usa-senior-care-and-living-services-market-size-share-trends-complete-analysis/https://www.prosebox.net/entry/1593114/europe-electric-meat-grinder-market-see-huge-growth-for-new-normal/https://www.prosebox.net/entry/1593116/usa-erp-systems-market-2023-comprehensive-strategic-report/https://www.prosebox.net/entry/1593117/europe-vacuum-starters-market-accelerating-immense-growth-2023-2029/https://www.prosebox.net/entry/1593118/usa-trough-grease-market-2023-study-an-emerging-hint-of-opportunity-2029/https://www.prosebox.net/entry/1593120/europe-smd-thick-film-resistors-market-projected-to-grow-massively-2023-2029/https://www.prosebox.net/entry/1593122/usa-subsea-connectors-market-2023-2029-emergent-technology-advancement/https://www.prosebox.net/entry/1593124/europe-mobile-phone-body-aluminum-alloy-material-processing-market-research-2023-analysis-by-expert/https://www.prosebox.net/entry/1593127/usa-mobile-phone-lcd-moudle-market-size-2023-types-applications-regional-demand/https://www.prosebox.net/entry/1593128/europe-acoustic-emission-ae-sensors-market-statistics-report-covers-future-trends/https://www.prosebox.net/entry/1593129/usa-mobile-phone-design-market-2023-statistics-analysis-2029/https://www.prosebox.net/entry/1593130/europe-3d-printing-scanner-industry-statistics-future-demand-2029/https://www.prosebox.net/entry/1593132/europe-oled-encapsulation-adhesive-market-2023-industry-analysis-amp-key-vendors/https://www.prosebox.net/entry/1593135/usa-oled-passive-component-market-2023-current-amp-future-trends/https://www.prosebox.net/entry/1593136/europe-mobile-phone-ceramic-cover-plate-market-demand-amp-forecasts-to-2029/https://www.prosebox.net/entry/1593138/usa-polyp-phenylene-terephthalamide-market-2023-2029-coverage-amp-overview/

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krishna1244 · 2 years ago

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Canada Multifunction Display (Mfd) Market 2023 | Pointing to Capture Largest Growth - 2030

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projectoffice5487 · 2 years ago

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How Professional Office Moves in East London Can Help

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#Office Moves East London

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spookysaladchaos · 4 months ago

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Global Top 14 Companies Accounted for 94% of total Semiconductor Dry Vacuum Pump market (QYResearch, 2021)

A vacuum pump is a device used to generate, improve and maintain a vacuum environment according to a certain working principle. It is an indispensable product that directly affects the performance and quality of vacuum complete equipment. Dry vacuum pumps are non-contact vacuum pumps that do not use oil or seals.

In order to control the manufacturing process to smaller dimensions, it is increasingly necessary to perform more semiconductor manufacturing process steps with greater precision and uniformity. To achieve this, semiconductor processes must operate in an extremely controlled vacuum environment. At present, vacuum pumps have been widely used in many process links of semiconductor manufacturing, including etching, coating, diffusion and so on.

According to the new market research report “Global Semiconductor Dry Vacuum Pump Market Report 2023-2029”, published by QYResearch, the global Semiconductor Dry Vacuum Pump market size is projected to reach USD 2.24 billion by 2029, at a CAGR of 8.9% during the forecast period.

Figure. Global Semiconductor Dry Vacuum Pump Market Size (US$ Million), 2018-2029

Figure. Global Semiconductor Dry Vacuum Pump Top 14 Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)

The global key manufacturers of Semiconductor Dry Vacuum Pump include Atlas Copco (Edwards Vacuum), Ebara Corporation, Pfeiffer Vacuum GmbH, LOTVACUUM, Kashiyama Industries, Hanbell Precise Machinery, Busch Vacuum, SKY Technology Development, ULVAC, Inc, Osaka Vacuum, Ltd, etc. In 2022, the global top five players had a share approximately 94.0% in terms of revenue.

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#Semiconductor Dry Vacuum Pump

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