#Surgical Drills Market share

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Surgical Drills Market is Estimated to Witness High Growth Owing to Increasing Orthopedic Surgeries

Surgical drills are used in orthopedic surgeries and procedures to aid in cutting or grinding bone and tissue. Key applications include repairing bone fractures and injuries, joint replacements such as knee, hip and shoulder surgeries, spinal procedures, and dental procedures. Increasing prevalence of degenerative joint diseases such as osteoarthritis and osteoporosis requiring complex bone and joint repair procedures are driving the demand for surgical drills.

The global surgical drills market is estimated to be valued at US$ 696.62 Bn in 2024 and is expected to exhibit a CAGR of 11% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market Dynamics: Increasing orthopedic surgeries owing to rising geriatric population is a major driver fueling the growth of the surgical drills market. It is estimated that over the next four decades, the number of people aged 60 years and older will triple, reaching around 2 billion by 2050. According to the United Nations Population Fund (UNFPA), more than 12% of the global population will be aged 65 and above by 2030. Aging reduces bone density and increases the risk of fractures and degenerative joint conditions such as arthritis requiring bone grafting and joint replacement procedures. Convenient features of surgical drills such as precise drilling speeds and torque control, adjustable chuck systems, attachments for various accessories, and integrated irrigation systems are also increasing adoption among healthcare facilities and ambulatory surgical centers. Advancements in drill designs and materials for improved precision and safety further support market growth. SWOT Analysis Strength: Surgical drills offer precision and control during surgical procedures such as orthopedic, neurological and dental surgeries. The drills enable smooth bone cutting and help obtain tissue/bone samples for diagnosis. They come equipped with advanced features such as micro-controlled speed and torque settings. Weakness: Heavy reliance on batteries requires frequent recharging/replacement, increasing operational costs. Lack of standard protocols sometimes leads to complications. Opportunity: Growing geriatric population and prevalence of lifestyle diseases will fuel demand for various surgical procedures. Untapped regions in Asia and Africa present huge market potential. Technological advances in materials and miniaturization can further improve drill precision and functionality. Threats: Stringent regulatory norms delay new product launches. Economic slowdowns impact discretionary healthcare spending. Alternative minimally invasive treatment methods pose competition. Key Takeaways The global surgical drills market size is expected to witness high growth. Advancing healthcare infrastructure in developing nations will catalyze the market in the coming years. The global surgical drills market is estimated to be valued at US$ 696.62 Bn in 2024 and is expected to exhibit a CAGR of 11% over the forecast period 2024 to 2031. Regional analysis related content comprises The North America region currently dominates the surgical drills market owing to rapid adoption of new technologies and significant healthcare spending. Asia Pacific is projected to witness fastest growth during the forecast period supported by rising medical tourism, healthcare reforms and increasing focus of global players. China and India offer immense opportunities due to their large patient pools and improving medical capabilities. Key players related content comprises Key players operating in the surgical drills market are Ecoppia and Solavio. Ecoppia offers a comprehensive portfolio of drills and saws for orthopedic, neurological and dental surgeries. Solavio provides advanced cordless surgical drills with capabilities like adjustable speed and customizable chucks.Get more insights on this topic:https://www.newswirestats.com/surgical-drills-market-size-and-outlook/

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Enteral Feeding Devices Market Key Drivers and Emerging Trends 2024-2030

The global enteral feeding devices market size was valued at USD 4.3 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2030. 

Growing geriatric population has resulted in increased incidences of diabetes, severe pancreatitis, and other gastrointestinal diseases, which aids market growth. Adoption of the “Feed Early Enteral Diet Adequately for Maximum Effect” (FEED ME) protocol in surgical trauma ICUs in the U.S. enables subsidies on these devices. Technological advancements such as the introduction of tri-funnel replacement G-tubes and J-tubes with reverse balloon designs are also expected to aid in growth during the forecast period.

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

Numerous NCBI studies suggest that people over 65 years pose a higher risk of developing chronic illnesses including Parkinson’s and nervous system disorders. The global population aged 60 years and older is expected to increase from around 1 billion in 2020 to about 1.4 billion in 2030 and is expected to double by 2050 to reach around 2.1 billion. The number of elderly patients with critical illnesses has increased significantly over the past few years. The risk of malnutrition and frailty among the geriatric population with comorbidities, such as stroke, depression, and dementia, is much higher, mainly owing to various age-related changes in body composition and muscle mass. This results in a reduced ability to perform Activities of Daily Living (ADLs), thereby increasing the risk of falls or injuries.

Enteral Feeding Devices Market Segmentation

Grand View Research, Inc. has segmented the global enteral feeding devices market report based on product, age group, indication, end-use, and region:

Product Outlook (Revenue, USD Million, 2018 - 2030)

• Giving Set

• Enteral Feeding Pump

• Percutaneous Endoscopic Gastrostomy Device

• Low Profile Gastrostomy Device

• Nasogastric Tube

• Gastrostomy Tube

Age Group Outlook (Revenue, USD Million, 2018 - 2030)

• Adults 

• Pediatrics

Indication Outlook (Revenue, USD Million, 2018 - 2030)

• Alzheimer’s

• Nutrition Deficiency

• Cancer Care

• Diabetes

• Chronic Kidney Diseases

• Orphan Diseases

• Dysphagia

• Pain Management

• Malabsorption/GI Disorder/Diarrhea

• Others

End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals

o Cardiology

o Neurology

o Critical Care (ICU)

o Oncology

o Others

• Home Care

Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o U.K.

o Germany

o France

o Spain `          

o Italy

o Russia

o Sweden

o Norway

o Denmark

• Asia Pacific

o China

o Japan

o India

o South Korea

o Australia

o Thailand

o Singapore

• Latin America

o Brazil

o Mexico

o Argentina

• MEA

o South Africa

o Saudi Arabia

o UAE

o Kuwait

Browse through Grand View Research's Medical Devices Industry Research Reports.

• The global surgical drills market size was estimated at USD 1.27 billion in 2023 and is projected to grow at a CAGR of 5.5% from 2024 to 2030.

• The global ophthalmic ultrasound devices market size was valued at USD 590.9 million in 2023 and is projected to grow at a CAGR of 5.7% from 2024 to 2030.

Key Companies & Market Share Insights

The market players are focusing on product development, new technological advancements, and other initiatives to strengthen their market position.

Key Enteral Feeding Devices Companies:

• Conmed Corporation

• C.R.Bard

• Cook Medical

• Boston Scientific Corporation

• Moog Inc.

• Fresenius Kabi AG

• Danone Medical Nutrition

• Kimberly-Clark

• Abbott Nutrition

• B Braun Melsungen AG

• Avanos Medical, Inc.

• Cardinal Health

• Applied Medical Technology, Inc.

• Vygon India

• Fidmi Medical

• ALCOR Scientific

• Amsino International, Inc.

Recent Developments

• In September 2023, Cardinal Health launched Kangaroo OMNI enteral feeding pump, intended to give patients undergoing enteral feeding more options to suit their individual needs over the course of their enteral feeding journey.

• In August 2023, Cardinal Health launched its next-generation NTrainerTM System 2.0, a medical device intended to shorten the length of stay in the neonatal intensive care unit (NICU) for premature and newborn infants by assisting them in developing the oral coordination skills necessary for the transition to independent feeding more quickly. The NTrainerTM System gives parents confidence in their newborns' progress and potential for success after discharge by giving clinicians the objective data they need to monitor an infant's development of pre-feeding skills through real-time assessment technology.

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

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U.S. Management Service Organization Market to register high demand rate by 2030

U.S. Management Service Organization Industry Overview

The U.S. management service organization market size was estimated at USD 46.78 billion in 2023 and is expected to grow at a CAGR of 12.96% from 2024 to 2030. The U.S. MSO market is expected to grow significantly, driven by the rise in investments by private equity firms, and the increasing consolidation of smaller practices. The rising focus on value-based care is attributed to several factors such as the shift toward value-based care models, which prioritize quality and outcomes over volume. This has prompted MSOs to adapt their services to meet the changing needs of healthcare providers and payers.

The growing demand for the expansion of service networks by health systems is leading to a rise in investments by private equity companies. Such investments enable organizations to provide quality clinical care without the burden of administrative and management functions. For instance, in April 2023, AmerisourceBergen Corporation and Tarrant Capital IP, LLC, an alternative asset management provider, acquired OneOncology, a network of oncology practices, from General Atlantic Service Company, L.P. This acquisition aims to strengthen AmerisourceBergen Corporation's relationships with community oncologists and expand on solutions in the specialty as well as build a platform in partnership with Tarrant Capital IP, LLC. Such investments and growing acquisitions by private equity firms are expected to drive the market in the coming years.

Gather more insights about the market drivers, restrains and growth of the U.S. Management Service Organization Market

The growing availability of data and advancements in technology have enabled MSOs to better track and measure performance, identify areas for improvement, and implement evidence-based practices. Management service organizations are leveraging sophisticated IT infrastructure and analytics to categorize patients, determine best practices, and drive quality improvement initiatives. For instance, in November 2023, Apollo Medical Holdings, Inc. partnered with Wider Circle, a community health organization, to provide enhanced care management to Medicaid members across California. The partnership aimed to deliver high-quality, value-based care to all community members. The increasing emphasis on population health management and care coordination has propelled MSOs to focus on value-based care.

The emergence of next-generation MSOs in the U.S. brings new opportunities due to the shift of traditional practice management services and a broad range of administrative support services to physician practices. There has been a rise in private equity partnerships, and private practice physicians are investing and joining MSOs to achieve operational efficiency, removing administrative burdens while maintaining clinical autonomy. For instance, in October 2023, Ascend Capital Partners acquired a majority share of Seoul Medical Group (SMG). This acquisition aims to create premier community-focused healthcare companies equipped to manage Medicaid and Medicare patient populations. Such factors create opportunities for the growth of the market in the coming years.

Browse through Grand View Research's Medical Devices Industry Research Reports.

The global surgical drills market size was estimated at USD 1.27 billion in 2023 and is projected to grow at a CAGR of 5.5% from 2024 to 2030. 

The global oral appliances market size was estimated at USD 908.7 million in 2023 and is expected to grow at a CAGR of 5.72% from 2024 to 2030.

Key U.S. Management Service Organization Company Insights

The demand for advanced MSO services has led to increased competition among companies in the U.S. Management Service Organization (MSO) market. Some of the emerging companies include Vanguard Health Solutions, Advanced Medical Management, and HealthSmart Management Services Organization, Inc.

Key U.S. Management Service Organization Companies:

Conifer Health Solutions, LLC. (TH Medical)

Network Medical Management (Apollo Medical Holdings, Inc.)

MedPOINT Management, Inc.

Vanguard Health Solutions

Prospect Medical Holdings, Inc.

Centene Corporation

Advanced Medical Management

HealthSmart Management Services Organization, Inc.

Pacific Partners Management Services Inc., a division of HCA Healthcare

MSO Inc. (Southern California)

Recent Developments

In January 2024, Apollo Medical Holdings, Inc. established a long-term strategic partnership with BASS Medical Group, a multispecialty medical group. The partnership aims to provide high-quality care through value-based arrangements to patients with various types of insurance, including Medicaid, Medicare, ACA Marketplace, and commercial.

In October 2023, Seoul Medical Group (SMG) acquired Advanced Medical Management, which provides comprehensive administrative support to physicians, including claims processing, quality training, and credentialing.

In May 2023, Conifer Health Solutions, LLC entered into a new partnership with Northwest Community Healthcare. With this partnership, the company was expected to continue to provide its expertise in RCM services to Northwest Community Healthcare.

In May 2023, Centene Corporation's Medicare brand, Wellcare, launched a preferred Medicare sales and distribution partnership program to improve quality and customer experience, strengthening sales partnerships.

Order a free sample PDF of the U.S. Management Service Organization Market Study, published by Grand View Research.

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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.

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Lab Grown Diamonds Market Projected To Reach $49.9 Billion By 2030

“Lab Grown Diamonds Market by Manufacturing Method, Size, Nature, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global lab grown diamonds market size was valued at $19.3 billion in 2020, and is projected reach $49.9 billion by 2030, registering a CAGR of 9.4% from 2021 to 2030.

Diamonds are heavily used in the industrial sector and mechanical engineering operations in tools such as saws, drills, polishers, and cutters. Diamond tipped drill bits and diamond coated saw blades makes cutting and drilling operations faster and easier. Different grits of powdered diamonds are also used as industrial abrasives. Lab grown diamonds with added boron have semiconductor like properties that can exceed traditionally used silicone and replace silicone as a major component in electronic operations. Some polished diamonds are used for different optic applications such as particle accelerators, laser systems, and other similar high-powered equipment. Research is being conducted to heck usability of diamonds in the medical field in the form of components in prosthetics and high precision surgical equipment. It is now been used by dermatologists for skin exfoliation in some types of chemotherapy to aid with the absorption of medicines into patient’s body. These industrial applications of lab grown diamonds and further research into the same is expected to the foster lab grown diamonds market growth.

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Techniques for growing diamonds in labs and factories were first invented in the 1950s, in the form of HPHT. It was used for creation of diamonds that were small and mostly useful for industrial applications. CVD technology of creating diamonds was invented in the 1980s, and further innovation in diamond manufacturing technology led to creation of techniques for making diamonds that were bigger and could reach sizes of 10 carats and more. Use of renewable energy in the making of diamonds is increasing and use of laser technology for cutting diamonds is also gaining more traction in the market. Further research and innovations can make lab grown diamonds production easier and more efficient, which is expected to have a very positive impact on the lab grown diamonds market in the upcoming years, increasing the lab grown diamonds market demand.

The lab grown diamonds market was significantly impacted during the initial phase of the pandemic, however, the market has started rebounding toward the end of 2020. Disruption in supply chain across China and later from India negatively impacted the market, as these countries are the top exporters of lab grown diamonds and hold a significant lab grown diamonds market share across the world. Nevertheless, the market is expected to gain high momentum in upcoming years due to emerging lab grown diamonds market trends.

The global lab grown diamonds market is segmented on the basis of manufacturing method, size, nature, application, and region. By manufacturing method, the global market is bifurcated into HPHT and CVD. By size it is segmented into below 2 carat, 2–4 carat, and above 4 carat. By nature, it is bifurcated into colorless and colored. On the basis of application, it is studied across fashion and industrial. The global lab grown diamonds market is also studied across North America, Europe, Asia-Pacific, and LAMEA.

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Key Findings Of The Study

By manufacturing method, the chemical vapor deposition (CVD) segment leads in terms of market share and is projected to grow with the highest CAGR during the forecast period. Depending on the size, the below 2 carat segment is the most widely used diamond across both industrial and fashion purposes. By nature, the colorless segment leads in terms of market share, however, the colored segment is expected to gain high popularity during the forecast period. By application, diamonds find its prominent use in the fashion industry occupying about three-fourths of market share in 2020. By region, North-America leads, in terms of market share, however, Asia-Pacific is poised to grow with highest CAGR during the forecast period.

Some of the major players profiled in the lab grown diamonds market analysis include ABD Diamonds, Clean Origin, De Beers Group, Diam Concept, Diamond Foundry Inc., Henan Huanghe Whirlwind Co., Ltd, Mittal Diamonds, New Diamond Technology LLC, Swarovski AG, and WD Lab Grown Diamonds. Other prominent players analyzed in the report are Applied Diamond Inc., D.NEA Diamonds, Zhengzhou Sino-Crystal Diamond Co., Sahajanand Laser Technology Limited (SLTL Group), Finegrowndiamonds, Zhongnan Diamond Co. Ltd, and Sumitomo Electric Industries Ltd

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Micro motor In-Depth Profiling With Key Players and Recent Developments, Forecast Period: 2021-2031

Micro Motor Market Outlook- 2030

The global micro motor market size was $ 36,477.9 million in 2020, and is expected to reach $56,066.2 million by 2030, with a CAGR of 4.1% from 2021 to 2030. Micro motor is lighter and compact in size. Micro motor is basically designed for low power consumption and minimize electromagnetic interference. Micro motor has features such as quick operation, superior performance, and broader power option. Micro motor finds applications in drilling, polishing, grinding, and various other industrial applications. Micro motor is available in both modes brushed as well as brushless. Micro motor is widely used in industrial and aerospace industry. Micro motor is available in power range of 1V to 60V. The factors that make a micro motor advantageous over other motors are electronic control, high power to weight ratio, and high speed. They find their applications in hand-held power tools, computer peripherals, printers, disk drives, and vehicles.

The benefits associated with micro motor such as high torque, low noise level, save energy, and increase operational efficiency fuel the micro motor market growth . The rise in trend of industrial automation and growing popularity of miniature electronic devices fuel the growth of the micro motor market. Micro motor finds use in various applications such as hand dryer, surgical devices, fans, pumps, compressors, and domestic appliances. Increase in urban population and rise in consumer awareness about eco-friendly products drive the micro motor market growth.

micro motor is used in various industry verticals such as agriculture, medical, healthcare, and automotive, owing to rise in demand for motors. The healthcare industry in various countries such as the UK, the U.S., and India is growing at a significant pace, due to increase in investments in this sector by government. For instance, in 2018, the UK Government spent $252.9 billion on the healthcare industry. This is expected to drive the demand for brushless DC motors, owing to features such as energy efficient, high torque, and high rpm. Growth in demand for HVACs in the Middle East, especially in Gulf Cooperation Council (GCC) countries and increase in demand for HVAC in the UAE due to rise in focus to decrease the dependence on oil drive the growth of the micro motor market in this region. Additionally, events such as World Expo 2020 in UAE and FIFA World Cup 2022 in Qatar boost the demand for infrastructure and HVAC. This is expected to increase the demand for micro motor in the Middle East. All such instances drive the growth of the micro motor market.

Region wise, the global micro motor market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global micro motor market share, and is anticipated to secure a leading position during the forecast period.

Competition Analysis

Key players profiled in this report include Mabuchi Motor Co Ltd, Nidec Corporation, Buhler Motor GmbH, Johnson Electric Holdings Limited, Maxon Motor AG, Arc Systems Inc, ABB Group, Mitsuba Corporation, Constar Micromotor Co Ltd, and Siemens AG.

The key players in this market adopted product launch, partnership, and expansion as their key strategies to meet the changing consumer demands. For instance, in February 2021, Nidec Corporation acquired Mitsubishi Heavy Industries Machine Tools Co. Ltd, based in Japan, deals in motors, machine tools, cutting tools, and related products. The acquisition aimed to improve the product portfolio of motors and actuators.

Full Report With TOC:-https://www.alliedmarketresearch.com/micro-motor-market-A12183

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Surgical Power Tools Market In-Depth Research On Basis By Product, End-Use, Region And Forecast To 2030 : Grand View Research Inc.

San Francisco, 21 June 2023: The Report Surgical Power Tools Market Size, Share & Trends Analysis Report By Product (Surgical Drill, Electric Pen Drive), By End-use, (Hospitals, Ambulatory Surgical Centers, Others) By Region, And Segment Forecasts, 2023 – 2030 The global surgical power tools market size is expected to reach USD 514.7 million by 2030, to expand at a CAGR of 6.1% from 2023 to 2030…

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Deep Hole Drilling Market Is Likely to Experience a Tremendous Growth in Near Future

Global Deep Hole Drilling Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player’s market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions. Major Players in This Report Include

TBT (Germany)

 Mollart (England)

Kays Engineering (United States)   

Entrust Manufacturing Technologies, Inc. (United States)

GSM (China)

Galbiati Group (Italy)

Wim (Hong Kong)

IMSA (Italy)

Precihole (India)

 Miroku (Japan)

 Honge Precision (Taiwan)

TIBO (Germany)

Dezhou Jutai (China)

WIDMA

CHETO Deep hole drilling into metal has a range of applications across several industries, with its origins tracing back to the need for straighter, more accurate gun barrels, and expanding as other industries integrated deep hole drilling processes to improve their own applications. Deep hole drilling process that uses a long, thin cutting tool to produce holes in metal at high depth-to-diameter ratios. High usage of gun drilling due to applications in medicine as well as surgical devices will help to expand the global deep hole drilling market. Market Drivers Rising Demand in the Aerospace Industry

Increasing Application in Metallic as well Non-Metallic Component

Market Trend High Adoption of Gun Drilling Due To Applications in Medical and Surgical Devices

Upsurging Demand in Aerospace Industry

Opportunities Technical Advancement in Deep Hole Drilling Machines

The Deep Hole Drilling market study is being classified by Type (Gun drilling, BTA / STS), Application (Aerospace, Automotive, Machine Tools, Construction, Mining, Oil & Gas, Energy, Military & Defense, Die Mould, Heat Exchanger Plate Machining, Medical, Electronics, Others), Sales Channel of Machine (Online, Offline) Presented By

AMA Research & Media LLP

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Wound Cleanser Products Market Size, Share, Growth, Analysis Forecast to 2030

Wound Cleanser Products Industry Overview

The global wound cleanser products market size was estimated at USD 2.04 billion in 2023 and is projected to grow at a CAGR of 4.69% from 2024 to 2030. The market growth is driven by numerous factors such as increasing prevalence of chronic diseases, technological advancements coupled with increasing number of ambulatory surgical centers. The increasing the number of clinical trials is also anticipated to boost market growth in the near future.

Chronic conditions such as diabetes, vascular diseases, obesity, and autoimmune diseases can impede the body's natural healing process, leading to the development of chronic, nonhealing wounds or ulcers. This creates a substantial demand for effective wound management solutions, including wound cleansers. For instance, according to the National Association of Chronic Disease Directors, in April 2022, nearly 60% of adult U.S. citizens had at least one chronic disease. Additionally, as per data published by the Institute for Health Metrics and Evaluation in June 2023, global diabetes cases are expected to grow to 1.3 billion by 2050 from 529 million. Thus, the increasing prevalence of chronic diseases globally is a key factor driving the market growth.

Gather more insights about the market drivers, restrains and growth of the Wound Cleanser Products Market

Ambulatory Surgery Centers (ASCs) offer a variety of services, such as surgical care, diagnostics, and preventive procedures. Surgeries for pain management; urology; orthopedics; restorative, reconstructive, or alternative plastic surgeries; and gastrointestinal surgeries are also performed in ASCs. Earlier, ASCs were only capable of performing GI-related minor surgeries; however, with an increase in the number of minimally invasive surgical procedures, services offered by ASCs have expanded and grown exponentially. According to the Ambulatory Surgery Center Association (ASCA), in 2022, there are approximately 6,200 active ASCs in the U.S. The number of ASCs in each state, as reported by ASCA. Additionally, there are 848 ASCs in California, 56 in Massachusetts, and 160 in New York among others. As the number of ASCs and surgeries performed in these centers increases, so does the demand for advanced wound cleanser products, boosting the market growth.

Moreover, various authorities and organizations operating in the country are conducting studies to review wound cleansing products. For instance, in June 2023, the CADTH Health Technology Review for Antimicrobial or Antiseptic Cleansers for Wounds was published by the Canadian Journal of Health Technologies. This document reviewed the antimicrobial or antiseptic wound cleansers versus saline for managing wounds. Such review documents can help improve the knowledge and awareness about wound cleansers among Canadian healthcare decision-makers, health systems leaders, healthcare professionals, and policymakers. Thus, the increasing awareness about wound cleanser products among industry stakeholders is anticipated to drive market growth over the forecast period.

Browse through Grand View Research's Medical Devices Industry Research Reports.

The global surgical drills market size was estimated at USD 1.27 billion in 2023 and is projected to grow at a CAGR of 5.5% from 2024 to 2030. 

The global oral appliances market size was estimated at USD 908.7 million in 2023 and is expected to grow at a CAGR of 5.72% from 2024 to 2030.

Key Wound Cleanser Products Companies:

The following are the leading companies in the wound cleanser products market. These companies collectively hold the largest market share and dictate industry trends

Stryker

Coloplast Corp

Smith + Nephew

B. Braun SE

Johnson & Johnson Services Inc.

3M

Medline Industries, Inc.

ConvaTec

Cardinal Health

Integra LifeSciences

Molnlycke Healthcare

Stryker

Zimmer Biomet

Heraeus Holding

Judd Medical Limited

Recent Developments

In September 2023, to help physicians with all stages of wound healing, HR Pharmaceuticals, Inc. developed Renovar, an advanced skin & wound solution that is readily available and non-sensitizing. Using a super oxidized solution called HOClean Technology, Renovar speeds the healing process by 33% by increasing the oxygen flow to the wound bed. It cleans the wound, reduces inflammation, and lowers the risk of infection.

In June 2023, HR HealthCare launched CliniClean Chlorhexidine Gluconate (CHG) 4%, a potent antiseptic solution designed to offer extensive protection for the skin against a variety of microorganisms by minimizing the risk of contracting healthcare-associated infections or Surgical Site Infections (SSI). This antiseptic/antimicrobial compound is effective for preoperative patient preparation, surgical hand cleansing, healthcare personnel hand hygiene, and general skin & wound sanitation.

In May 2023, VeriCyn Wound Wash from Armis Biopharma obtained 510(k) clearance from the FDA for removing debris from wounds. This product is useful for diabetic ulcers, pressure ulcers, burns, surgical wounds, and grafted/donor sites.

In April 2023, Gunze Medical, a full-service medical device manufacturer that oversees all aspects from sales to research of the company, expanded its wound care sales network in Japan. Furthermore, Gunze Medical has begun selling its products through a robust distribution network in China, the U.S., and Japan. Such initiatives are expected to propel industry growth.

In August 2022, Heraeus Medical GmbH introduced the palaJet, a battery-operated, single-use pulse lavage system designed for efficient and effective bone bed cleaning. Particularly in arthroplasty procedures, this crucial step contributes to improved long-term outcomes by thoroughly removing fat residues, bone debris, marrow, and blood from cement-receiving surfaces.

Order a free sample PDF of the Wound Cleanser Products Market Study, published by Grand View Research.

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Winged Blood Collection Sets Market Industry, Trends, Competitors Analysis Status and Forecast 2028

This report provides a comprehensive analysis of current Global Winged Blood Collection Sets Market based on segmented types and downstream applications. Major product development trends are discussed  under major downstream segment scenario. This report also focuses on major driving factors and inhibitors that affect the market and competitive landscape. Global and regional leading players in the Winged Blood Collection Sets industry are profiled in a detailed way, with sales data and market share info. This report also includes global and regional market size and forecast, drill-down to top 20 economies.

 According to this survey, the global Winged Blood Collection Sets market is estimated to have reached $ xx million in 2020, and projected to grow at a CAGR of xx% to $ xx million by 2028.

 Get Request Sample @ https://martresearch.com/contact/request-sample/2/63120

 Covid-19 pandemic has impacted the supply and demand status for many industries along the supply chain. Global Winged Blood Collection Sets Market Status and Forecast 2022-2028 report makes a brilliant attempt to unveil key opportunities available in the global Winged Blood Collection Sets market under the covid-19 impact to help readers in achieving a better market position. No matter the client is industry insider, potential entrant or investor, the report will provide useful data and information.

 The Global Winged Blood Collection Sets Market has been exhibited in detail in the following chapters

Chapter 1 displays the basic product introduction and market overview.

Chapter 2 provides the competition landscape of global Winged Blood Collection Sets industry.

Chapter 3 provides the market analysis by type and by region

Chapter 4 provides the market analysis by application and by region

Chapter 5-10 presents regional and country market size and forecast, under the context of market drivers and inhibitors analysis.

Chapter 11 analyses the supply chain, including process chart introduction, upstream key raw material and cost analysis, distributor and downstream buyer analysis.

Chapter 12 provides the market forecast by type and by application

Chapter 13 provides the market forecast by region

Chapter 14 profiles global leading players with their revenue, market share, profit margin, major product portfolio and SWOT analysis.

Chapter 15 conclusions

 Segmented by Type

l Manual Blood Collection Sets

l Automatic Blood Collection Sets

 Segmented by Application

l Hospital

l Clinic

l Lab

l Other

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 Segmented by Country

   North America

       United States

       Canada

       Mexico

   Europe

       Germany

       France

       UK

       Italy

       Russia

       Spain

   Asia Pacific

       China

       Japan

       Korea

       Southeast Asia

       India

       Australasia

   Central & South America

       Brazil

       Argentina

       Colombia

   Middle East & Africa

       Iran

       Israel

       Turkey

       South Africa

       Saudi Arabia

 Get Discount Report @ https://martresearch.com/contact/discount/2/63120

 Key manufacturers included in this survey

l Nipro Corporation

l Kawasumi Laboratories

l ISOMed

l Iscon Surgicals Ltd

l Cardinal Health

l Braun Melsungen

l BioMatrix

l BD

l AdvaCare Pharma

 Contact Us:-

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