This report gives an insight into the global sports medicine market and predicts the future growth prospects and the trends that may exhibit in the market during the period of 2022-2029.

The future growth has been calculated by taking into account the present growth rate and the overall market size. We have also discussed the alternatives that pose a threat to the growth of the market.

In this report, we have categorized global sports medicine market into segments that are:By Product (Body Reconstruction & Repair, Body Support & Recovery Products, Body Monitoring & Evaluation Devices, Accessories, Others); By Application (Knee Injuries, Shoulder Injuries, Ankle & Foot Injuries, Back & Spine Injuries, Elbow & Wrist Injuries, Hip Injuries, Other Injuries); By End-Users (Hospitals, Physiotherapy Centers & Clinics); By Region (North America, Asia Pacific, Europe, Latin America, Middle East and Africa)

We have also illustrated the vendor landscape and conducted a detailed analysis of the top five global vendors of the global sports medicine market. The report also presents an analysis of the drivers that enable the growth of the market, the key challenges faced by the vendors and the market as a whole, and the upcoming trends that can have an impact on the market.

This report has collected key data related to the global sports medicine market and analyzed these data using a variety of methods. The market dynamics have been ascertained following a detailed study of the micro, meso and microeconomic indicators in the market. The report is based on in-depth qualitative and quantitative analyses of the global sports medicine market. The qualitative analysis involved the application of various projection and sampling techniques. The qualitative analysis involved primary interviews, surveys and vendor briefings. The data gather as a result of these processes were validated through experts’ opinions.

Global Sports Medicine Market Would Cross USD 8.2 Bn By 2029
Global sports medicine market report provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for sports medicine solution providers across the Globe. This report on the global sports medicine market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2022 to 2029. The report provides revenue of global sports medicine for the period 2019-2029, considering 2021 as the base year and 2022-29 as the forecast year. The report also provides the compound annual growth rate (CAGR 6.52%) of global sports medicine from 2022 to 2029.

Segmental Analysis of global sports medicine market Study
The global sports medicine market study is segmented based on the various parameters by identifying their business activities, geographical presence, key application areas, end-users, etc., The report covers the market share analysis of all the segments from year 2022-2029. From a strategic point of view, the market outlook covers several frameworks including SWOT Analysis, Value Chain Analysis, and Porter’s Five Forces Analysis while also offering an evaluation of the Product/Market Lifecycle.

Geographical Coverage of the global sports medicine market Study
For a better understanding of the global sports medicine the market is segmented into geographies such as the North America (U.S, Canada), Europe (U.K, France, Germany, Russia, Italy, Rest of Europe), Asia Pacific (China, Japan, India, Australia, South-Korea, Rest of APAC), Latin America (Brazil, Mexico, Rest of Latin America), Middle East and Africa (Saudi Arabia, The U.A.E, South Africa, Rest of MEA). The country level analysis in each region is also provided in a very exhaustive manner.

Company Analysis on the global sports medicine market Study
In the report, the degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysis sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers and acquisition by leading companies in the market. The major players have been analyzed by using research methodologies for getting insight on global competition.

Table of Content

1. Introduction
1.1. Research Objective
1.2. Research Methodology
1.3. Research Process
1.4. Respondent Profile
2. Executive Summary
3. Global Sports Medicine Market Outlook, 2019-2029F
3.1. Market Size & Analysis
3.2. Market Share & Analysis
3.2.1. By Product
3.2.1.1. Body Reconstruction & Repair
3.2.1.2. Body Support & Recovery Products
3.2.1.3. Body Monitoring & Evaluation Devices
3.2.1.4. Accessories
3.2.1.5. Others
3.2.2. By Application
3.2.2.1. Knee Injuries
3.2.2.2. Shoulder Injuries
3.2.2.3. Ankle & Foot Injuries
3.2.2.4. Back & Spine Injuries
3.2.2.5. Elbow & Wrist Injuries
3.2.2.6. Hip Injuries
3.2.2.7. Other Injuries
3.2.3. By End Users
3.2.3.1. Hospitals
3.2.3.2. Physiotherapy Centers
3.2.3.3. Clinics
3.2.4. By Region
3.2.4.1. Asia-Pacific
3.2.4.2. Europe
3.2.4.3. North America
3.2.4.4. Middle East & Africa
3.2.4.5. Latin America
4. Asia-Pacific Sports Medicine Market Outlook, 2019-2029F
4.1. Market Size & Analysis
4.2. Market Share & Analysis
4.2.1. By Product
4.2.2. By Application
4.2.3. By End Users
4.2.4. By Country
4.2.4.1. China
4.2.4.2. India
4.2.4.3. Japan
4.2.4.4. South Korea
4.2.4.5. Australia
4.2.4.6. Rest of Asia-Pacific
5. Europe Sports Medicine Market Outlook, 2019-2029F
5.1. Market Size & Analysis
5.2. Market Share & Analysis
5.2.1. By Product
5.2.2. By Application
5.2.3. By End Users
5.2.4. By Country
5.2.4.1. United Kingdom
5.2.4.2. Germany
5.2.4.3. France
5.2.4.4. Italy
5.2.4.5. Russia
5.2.4.6. Rest of Europe
6. North America Sports Medicine Market Outlook, 2019-2029F
6.1. Market Size & Analysis
6.2. Market Share & Analysis
6.2.1. By Product
6.2.2. By Application
6.2.3. By End Users
6.2.4. By Country
6.2.4.1. United States
6.2.4.2. Canada
7. Latin America Sports Medicine Market Outlook, 2019-2029F
7.1. Market Size & Analysis
7.2. Market Share & Analysis
7.2.1. By Product
7.2.2. By Application
7.2.3. By End Users
7.2.4. By Country
7.2.4.1. Brazil
7.2.4.2. Mexico
7.2.4.3. Rest of Latin America
8. Middle East & Africa Sports Medicine Market Outlook, 2019-2029F
8.1. Market Size & Analysis
8.2. Market Share & Analysis
8.2.1. By Product
8.2.2. By Application
8.2.3. By End Users
8.2.4. By Country
8.2.4.1. Saudi Arabia
8.2.4.2. UAE
8.2.4.3. South Africa
8.2.4.4. Rest of Middle East and Africa
9. Global Sports Medicine Market Dynamics
9.1. Growth Drivers
9.2. Challenges
9.3. Impact Analysis
10. Global Sports Medicine Market Opportunities
11. Global Sports Medicine Value Chain Analysis
12. Global Sports Medicine Market Policies and Regulations
13. Global Sports Medicine Market Trends & Insights
14. Global Sports Medicine Market Porter’s Five Forces Analysis
15. Global Sports Medicine Market-Entropy
15.1. New Product Launches
15.2. M&A, Collaborations, JVs, and Partnerships
16. Global Sports Medicine Market Company Analysis
16.1. Arthrex Inc.
16.2. Smith & Nephew
16.3. Stryker
16.4. Zimmer Biomet
16.5. Wright Group N.V.
16.6. DJO Global
16.7. CONMED Corporation
16.8. Johnson & Johnson
16.9. Medtronic PLC
16.10. Performance Health
17. About Us & Contact Details

The post Global Sports Medicine Market – Global Industry Analysis, Size, Share, Growth, Trends, And Forecast, 2022-2029 first appeared on CRI Report.

The global medium and heavy-lift launch vehicle market is estimated to reach $9.75 billion in 2032 from $6.45 billion in 2021, at a growth rate of 3.90% during the forecast period 2022-2032. The growth in the global medium and heavy-lift launch vehicle market is expected to be driven by increasing space budgets of countries across the globe.

The governments of the U.S., Russia, France, Germany, Italy, China, Japan, South Korea, and India are among the top spenders in the global space sector. In 2021, global government expenditure for space programs was over $92 billion, a 10.7% increase in Y-o-Y from 2020. The U.S. is the highest spender across the globe, followed by China. With an increase in space spending, the spending on launch vehicle manufacturing is expected to rise.

Market Lifecycle Stage

The market demand for launch vehicles is expected to propel over the forecast period 2022-2032, owing to an increase in the number of proposed satellites.

Growing demand to form large constellations of communications satellites bringing broadband to everyone, commercial human spaceflight, position navigation and timing, and greater space exploration and monitoring are prominent factors proliferating the global medium and heavy-lift launch vehicle market.

The commercial satellite industry has a long track record of responsible operations in space and counts on a safe environment to undertake ongoing and future space business. Solidifying the participation and support of the commercial industry to ensure the widespread adoption of space safety practices is critical and might reduce the need for unnecessary and often burdensome regulations and is an action that can be taken now.

The ongoing commercial innovations across space debris tracking, fusion and analytics, space data collection, launch vehicle design, and space weather are anticipated to enhance the current space safety regime and ensure that the safety of flight products is comprehensive, timely, accurate, and highly available. Key market players, including established and new entrants, focus on reusable small launch vehicles (SLVs) to reduce cost.

For instance, Falcon 9, manufactured and launched by SpaceX, is a partially re-useable, medium-lift launch vehicle that can carry cargo and humans into Earth orbit, even reaching the International Space Station (ISS). As of September 2022, Falcon 9 had the most launches among the medium and heavy-lift launch vehicles in the U.S.

Impact

The global medium and heavy-lift launch vehicle market is expected to cater to the growing demand for satellite launches. Government and commercial end users are awarding multi-year contracts with the launch vehicle manufacturers and launch service providers, driving the demand for medium and heavy-lift launch vehicles.

New upgraded launch vehicles are replacing older launch vehicles and are securing launch contracts in advance. For instance, the project cost of Ariane 6 is estimated to be about $3.6 billion. The launch cost for Ariane 62 is expected to be $75 million, while the cost for Ariane 64 might soar up to $115 million. In December 2021, VA256, a variant of Ariane 5, launched the James Webb Space Telescope toward the Sun-Earth L2 halo orbit.

North America is a prominent region in terms of medium and heavy-lift launch vehicle manufacturing due to key launch vehicle manufacturers, suppliers, and launch service providers such as SpaceX, United Launch Alliance, and Northrop Grumman Corporation. SpaceX’s Falcon Heavy and Delta IV Heavy of the United Launch Alliance (ULA) are the top two heavy lift launch vehicles in the region and also across the globe.

ULA will retire the Delta IV Heavy in 2024. In December 2020, for the final five missions (12-16), including modifications, ULA was awarded $2.2 billion or $440 million per launch. Comparatively, the Falcon Heavy launch price is estimated to be between $90 million and $150 million per launch.

Market Segmentation:

Segmentation 1: by End User

• Commercial
• Government

Based on end user, the global medium and heavy-lift launch vehicle market is expected to be dominated by the government segment.

Segmentation 2: by Subsystem

• Structure
• Avionics
• Propulsion
• Control System
• Electrical System
• Stage Separation
• Thermal System

Based on subsystem, the global medium and heavy-lift launch vehicle market is dominated by the propulsion segment.

Segmentation 3: by Launch Vehicle Class

• Medium Lift Launch Vehicle
• Heavy Lift Launch Vehicle
• Super Heavy Lift Launch Vehicle

Based on the launch vehicle class, the global medium and heavy-lift launch vehicle market is dominated by the medium lift launch vehicle segment.

Segmentation 4: by Payload

• Satellite
• Cargo
• Human

Segmentation 5: by Region

• North America – U.S.
• Europe – France, Russia, Italy, and Rest-of-Europe
• Asia-Pacific – China, Japan, India, and Rest-of-Asia-Pacific

Asia-Pacific is the prominent region that is expected to generate considerable revenue from the medium and heavy-lift launch vehicle market.

Recent Developments in the Global Medium and Heavy-Lift Launch Vehicle Market

• In September 2022, OneWeb and Arianespace signed an agreement following the suspension of the launches. OneWeb and Arianespace are determined to examine future opportunities together, especially on the Ariane 6 Launch Vehicle for the second generation of the constellation.

• In July 2022, NASA awarded SpaceX a $255 million contract to launch the next space telescope, which will study dark energy and exoplanets. The Nancy Grace Roman Space Telescope, which is 2.4 meters in diameter, is slated to be launched in October 2026.

• In 2020, NASA awarded contracts worth $256.1 million to Eta Space, Lockheed Martin, SpaceX, and United Launch Alliance, with the collective objective to build, test, and validate the in-orbit fuel collection, storage, and distribution capability of these players.

• In December 2021, NASA signed an agreement with three U.S. companies to develop designs for space stations and other commercial destinations in space. The agreements are part of the agency’s efforts to enable a robust, U.S.-led commercial economy in the low Earth orbit (LEO). The total estimated award amount for all three funded Space Act Agreements is $415.6 million.

• In September 2021, Arianespace, a subsidiary of ArianeGroup, signed a contract with Skyloom. Arianespace would launch Skyloom’s first geostationary lasercom relay node using a heavy-lift vehicle, Ariane 64.

Demand – Drivers and Limitations

Following are the drivers for the global medium and heavy-lift launch vehicle market:

• Increasing Government Spending on Space Capabilities
• Steadily Growing Number of Satellite Operators in the Space Industry
• Emergence of New Market Segment in the Space Industry
• Growing Demand for Dedicated Launch Services
• Emergence of Spaceport-Based Business Model

Following are the challenges for the global medium and heavy-lift launch vehicle market:

• Long Development Timelines for New Launch Vehicles
• Lack of Access to Launch Infrastructure

Following are the opportunities for the global medium and heavy-lift launch vehicle market:

• Commercial Space Stations
• Deep Space Missions

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different types of medium and heavy-lift launch vehicles and their potential globally. Moreover, the study provides the reader a detailed understanding of the different medium and heavy-lift launch vehicles based on end user, subsystem, payload, and launch vehicle class.

Growth/Marketing Strategy: The global medium and heavy-lift launch vehicle market has seen major development by key players operating in the market, such as business expansion, contracts, mergers, partnerships, collaborations, and joint ventures. The favored strategy for the companies has been contracts, enabling them to strengthen their positions in the global medium and heavy-lift launch vehicle market. For instance, in August 2021, Rocket Lab USA, Inc.

completed a merger with Vector Acquisition Corporation. The combined company will retain Rocket Lab USA, Inc. The proceeds are expected to accelerate organic and inorganic growth in Rocket Lab’s space systems business, drive the development of the company’s reusable 8-ton payload class Neutron rocket, and support potential expansion into space applications, enabling Rocket Lab to deliver data and services from space.

Competitive Strategy: The key players in the global medium and heavy-lift launch vehicle market analyzed and profiled in the study involve medium and heavy-lift launch vehicle manufacturers that provide components and subsystems.

Moreover, a detailed competitive benchmarking of the players operating in the global medium and heavy-lift launch vehicle market has been done to help the reader understand how players stack against each other, presenting a clear market landscape.

Additionally, comprehensive competitive strategies such as contracts, partnerships, agreements, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analysis of the companies’ coverage, product portfolio, and market penetration.

In 2021, the top segment players leading the market included established players providing medium and heavy-lift launch vehicles, which constituted 90% of the presence in the market. Emerging market participants included startup entities that accounted for approximately 10% of the presence in the market.

Some of the prominent established names in this market are:

• ArianeGroup
• Blue Origin, LLC
• China Aerospace Science and Technology Corporation (CASC)
• Interorbital System
• Indian Space Research Organization
• Mitsubishi Heavy Industries, Ltd.
• Northrop Grumman Corporation
• Rocket Lab USA, Inc.
• ROSCOSMOS
• Space Exploration Technologies Corporation
• United Launch Alliance, LLC

The post Medium and Heavy-Lift Launch Vehicle Market – A Global and Regional Analysis: Focus on End User, Subsystem, Payload, Launch Vehicle Class, and Country – Analysis and Forecast, 2022-2032 first appeared on CRI Report.

The global satellite electric propulsion market is estimated to reach $1,027.3 million in 2032 from $522.3 million in 2021, at a growth rate of 4.10% during the forecast period. The satellite electric propulsion technology companies have witnessed the demand from the growing commercial industry. The ecosystem of the satellite propulsion system market comprises system manufacturers, original equipment manufacturers (OEMs), and end users.

Market Lifecycle Stage

Between 1957 and 2021, many governments and commercial organizations such as Ariane Space, Europe Space Agency (ESA), National Aeronautics and Space Administration (NASA), and Japan Aerospace Exploration Agency (JAXA), started demonstrations for the new propulsion system for different satellites in low Earth orbit (LEO). Since then, technology has evolved continually and transformed the entire space industry by developing unique products and systems.

Currently, many space agencies and commercial companies across the globe have been focusing on developing low Earth orbit (LEO) satellite constellations. This would drive the market for the propulsion system. Moreover, rising research and development activities to develop cost-efficient propulsion technologies and advancements in 3D printing technology for developing the components of satellite propulsion systems are other factors contributing to the growth of the LEO-focused satellite propulsion technology market. For instance, in June 2022, ThrustMe signed a contract with European Space Agency (ESA) to provide an NPT30-I2-1.5U electric propulsion system for the GOMX-5 mission under ESA general support technology programme (GSTP).

Impact

• The increasing number of smaller telecom satellites in low Earth orbit (LEO) with the upcoming mega-constellation has placed a high demand for the production of electric propulsion during the forecast period.
• Furthermore, rising research and development activities for building low-cost and efficient propulsion systems for satellites.

Market Segmentation:

Segmentation 1: by Mass Class

• Small Satellite (0-500 Kg)
• Medium Satellite (501-2,200 Kg)
• Large Satellite (Above 2,200 Kg)

The satellite electric propulsion market is expected to generate huge revenues from the above 2,200 Kg mass segment, followed by 0-500 Kg.

Segmentation 2: by Mission Type

• Earth Observation
• Communication
• Technology Development
• Others

Based on mission type, the global satellite electric propulsion market is expected to be dominated by the communication segment during the forecast period. This is due to the increasing development of small satellite constellations for communication by commercial industries.

Segmentation 3: by Mission Application

• Station Keeping
• Orbit Raising

Based on mission application, the global satellite electric propulsion market is expected to be dominated by the station keeping segment during the forecast period. The satellite operators prefer more electric propulsion for station keeping irrespective of their nature of taking more time to maneuver.

Segmentation 4: by Component

• Power Control Units
• Power Distribution Units
• Pointing Mechanism
• Pressure Regulators
• Valves
• Flow Controllers
• Mass Flow Sensors
• Pressure Transducers
• Particle Filters
• Tanks
• Plumbing/Tuning
• Propulsion Chamber/Nozzle

Segmentation 5: by Region

• North America – U.S.
• Europe – France, Germany, Russia, U.K., and Rest-of-Europe
• Asia-Pacific – China, India, and Rest-of-Asia-Pacific
• Rest-of-the-World – Middle East and Africa and South America

Europe accounted for the highest share of 81.82% in the global satellite electric propulsion market by value in 2021, owing to a significant number of companies based in the region.

Recent Developments in Global Satellite Electric Propulsion Market

• In July 2022, Thales Alenia Space received a contract of $2.4 million from European Space Agency (ESA) to develop Skimsat, a small satellite bus for very low Earth orbit (VLEO). The contract also includes developing electrical propulsion to air drag in VLEO.
• In June 2022, Safran signed a contract with Thales Alenia Space to supply its PPS 5000 plasma thruster for Thales’s Galileo satellites.
• In August 2021, Neutron Star Systems (NSS) and Bradford Space signed a cooperative agreement to enhance the orbital transport and maneuver capability. In this agreement, Bradford would combine NSS electric propulsion technology with its green monopropellant technology for its space logistics services.
• In April 2021, ThrustMe was selected by Norwegian Space Agency to provide NPT30-I2 electric propulsion for the NorSat-TD mission. The company would provide collision avoidance maneuver capabilities to the NorSat-TD satellite with its iodine propulsion system.

Demand – Drivers and Limitations

Following are the drivers for the global satellite electric propulsion market:

• Increasing Demand for Large Constellations for Smaller Telecom Satellites in Low Earth Orbit (LEO)
• Rising Research and Development Activities for Building Low-Cost and Efficient Propulsion Systems for Satellites

Following are the challenges for the global satellite electric propulsion market:

• Relatively Low Thrust Nature of Electric Propulsion Systems Impose Longer Timelines for Orbit-Transfer Risking Satellite Exposure to Radiation and Delaying Mission Timelines
• Integration of Electric Propulsion Results in a Growing Power Budget (Imposing the Need for More Onboard Power and the Addition of More Associated Power Electronics)

Following are the opportunities for the global satellite electric propulsion market:

• Satellite Manufacturers can Achieve Multiple Variants of the Satellite When Utilizing the All-Electric Option Owing to its Scalability Advantage

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different types of satellite electric propulsion market available for deployment in the industries for space platforms and their potential globally. Moreover, the study provides the reader with a detailed understanding of the different satellite electric propulsion market by mass class (small satellite (0-500kg), medium satellite (501-2,200kg), and large satellite (2,200 kg and above)), by mission type (earth observation, communication, technology development, and others), by mission application (station keeping and orbit raising), and by component (power control units, power distribution units, pointing mechanism, pressure regulators, valves, flow controllers, mass flow sensors, pressure transducers, particle filters, tanks, plumbing/tuning, propulsion chamber/nozzle).

Growth/Marketing Strategy: The global satellite electric propulsion market has seen major development by key players operating in the market, such as business expansion activities, contracts, mergers, partnerships, collaborations, and joint ventures. The favored strategy for the companies has been contracted to strengthen their position in the global satellite electric propulsion market. For instance, in June 2022, Thales Alenia Space and Telespazio (joint venture of Thales and Leonardo) signed a contract with the Italian Ministry of Defense for the development of SICRAL 3 satellite communications and propulsion system.

Competitive Strategy: Key players in the global satellite electric propulsion market analyzed and profiled in the study involve satellite electric propulsion manufacturers. Moreover, a detailed competitive benchmarking of the players operating in the global satellite electric propulsion market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as contracts, partnerships, agreements, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analysis of the company’s coverage, product portfolio, and market penetration.

The top segment players leading the market include established players of electric propulsion for satellites and constitute 80% of the presence in the market. Other players include start-up entities that account for approximately 20% of the presence in the market.

Some prominent names established in this market are:

• Accion Systems
• Airbus
• Aliena Pte Ltd.
• ArianeGroup
• Astra
• Busek, Co. Inc.
• CU Aerospace
• ENPULSION GmbH
• Moog Inc.
• Neutron Star Systems
• Northrop Grumman
• Orbion Space Technology
• Phase Four, Inc.
• Safran
• Sitael S.p.A
• Thales Alenia Space

The post Satellite Electric Propulsion Market – A Global and Regional Analysis: Focus on Mass Class, Mission Type, Mission Application, Component, and Country – Analysis and Forecast, 2022-2032 first appeared on CRI Report.

Market Segmentation

• Service – Imaging Acquisition and Protocol Development, Application Design, Image Collection and Quality Control, Digital Image Conversion, Support and Maintenance
• Modality – Computed Tomography (CT) Scan, Magnetic Resonance Imaging (MRI), Positron Emission Tomography (PET), Other Modalities
• Application – Oncology Imaging CRO, Ophthalmology Imaging CRO, Neurology Imaging CRO, Cardiology Imaging CRO, Other Applications
• Phase – Phase I, Phase II, Phase III
• End User – Pharmaceutical Companies, Biotechnology Companies, Medical Device Manufacturers, Contract Research Organizations, Academic and Government Research Institutes, Other End Users

Regional Segmentation

• North America – U.S. and Canada
• Europe – U.K., Germany, France, Italy, Spain, and Rest-of-Europe
• Asia-Pacific – China, Japan, India, Australia, and Rest-of-Asia-Pacific
• Rest-of-the-World

Market Growth Drivers

• Continued Growth in R&D Spending
• Increase in the Annual Number of Clinical Trials with Medical Imaging

Market Challenges

• High Installation Cost of Medical Imaging Systems
• Supply Chain and Logistical Challenges

Market Opportunities

• Increasing Outsourcing Trend Among Pharmaceutical Companies
• Automation in Imaging CRO Process

Key Companies Profiled

Worldcare Clinical, LLC, LabCorp Drug Development (Laboratory Corporation of America Holdings), IXICO PLC, ICON plc, The Micron Group, Medpace Holdings, Inc., Radiant Sage LLC, Biomedical Systems Corporation (ERT), Bioclinica, Imaging Endpoints LLC, Parexel International Corporation, Wuxi AppTec, Syneos Health, Inc.

Key Questions Answered in this Report:

• What is the major factor driving the growth of the global imaging CRO market?
• What are the different types of services offered in the global imaging CRO market?
• What are the key development strategies implemented by the key players to stand out in this global imaging CRO market?
• What are the key modalities used by the key companies within the global imaging CRO market?
• What are the various applications of imaging CRO in different industries?
• In which phase of the clinical trials, does the imaging CRO services are being utilized the most?
• How have the strategic collaborations among the key players provided a large service sector within the global imaging CRO market?
• Which are the leading companies that are dominating the global imaging CRO market?
• Based on the end-user type, which industry in the global imaging CRO market is anticipated to witness a massive rise in demand during the forecast period?
• Which region dominates the global market of imaging CROs?
• Who are the key players operating in the imaging CRO market in each region?
• How is each segment of the global Imaging CRO market expected to grow during the forecast period, and what revenue is expected to be generated by each of these segments by the end of 2031?

Market Overview

The biopharmaceutical market and its manufacturing capabilities have undergone a profound transformation during the period 2010-2020. The open global market and regulatory reforms within the industry have led to a better outscoring probability. The CROs, imaging CROs, and contract development and manufacturing organizations (CDMOs) are adding quality, cost-effectiveness, and manufacturing capacity to the existing pharmaceutical, biotechnology, and medical devices companies. Moreover, the big pharmaceutical firms are building their manufacturing and buying capacity from the smaller firms to improve their production.

The growing number of clinical trials, growing pharmaceutical pipeline, increasing awareness toward process automation, growing demand for high precision in drug manufacturing, and an increasing dependency of pharmaceuticals and biotechnology companies on the CROs for conducting imaging trials are the main factors driving the growth of the global imaging CRO market.

With the increasing dependency of the pharmaceutical and biotechnology firms on the imaging CROs for outsourcing the medical imaging step of a clinical trials study, the overall market of imaging CROs is expected to grow at a high rate. According to an article published by Keosys Medical Imaging in 2018, the total number of clinical trials conducted each year has nearly doubled in 2020 compared to 2010. However, the growth in the number of clinical trials with medical imaging involved has increased five times, i.e., by around 500%.

With several companies eagerly competing to establish dominance in the global imaging CRO market, several emerging companies have undertaken significant activities to establish their position in the market. Although these companies are currently far behind the market leaders, some of them have made significant strides to grow into major players, owing to initiatives undertaken to expand their respective product portfolio and geographical reach.

CRI healthcare experts have found imaging CRO to be one of the most rapidly evolving markets. The global market for imaging CRO is predicted to grow at a CAGR of 7.25% during the forecast period 2021-2031. As per CRI research, the imaging CRO comprises the ecosystem of multiple services offered, modalities used, and the target customers who can take strategic decisions with the given insights.

The following report presents the reader with an opportunity to unlock comprehensive insights with respect to the global imaging CRO market and helps in forming well-informed strategic decisions. The market research study also offers a wide perspective of the different types of specialty imaging CROs available in the market and their impact on the biopharmaceutical industry by providing critical insights into the direction of its future expansion.

Based on region, North America dominated the global imaging CRO market in 2020 and is expected to grow at a high CAGR from 2021 to 2031. The growing number of clinical trials conducted in the region generates high demand for imaging CROs to distribute workload and cost-effectiveness. In addition, major end users in the region are adopting advanced imaging equipment and automation at a fast pace for efficient processing. Also, the industry’s largest CROs operate in this region as government regulations and programs support the overall growth of the companies. Europe held the second-largest share of the global imaging CRO market in terms of revenue in 2020, followed by Asia-Pacific.

Owing to the COVID-19 pandemic, the investment in research and development in biopharmaceutical companies has increased significantly. Researchers, scientists, and skilled personnel around the world are involved in the development of vaccines and drugs for the treatment of SARS-CoV virus infection, and this scenario is predicted to directly boost the demand for CROs for large scale production in a shorter period, thus enhancing the overall market of imaging CRO.

Within the research report, the market is segmented based on service, modality, application, phase, and end user. Each of these segments covers the snapshot of the market over the projected years, the inclination of the market revenue, underlying patterns, and trends by using analytics on the primary and secondary data obtained.

Competitive Landscape

The global imaging CRO market is largely dominated by companies such as Parexel International Corporation, Worldcare Clinical LLC, ICON plc, IXICO PLC, Micron Group, WuXi Apptec, Medpace, Radiant Sage LLC, Biomedical Systems Corporation, Labcorp Drug Development, Syneos Health, Imaging Endpoints LLC, and Bioclinica, among others.

Through the analysis of the key strategies incorporated by the players of the global imaging CRO market, it was observed that major players were keen to expand their imaging trials services through mergers, partnerships, collaboration, or acquisitions. Several conglomerates are focused on collaborating with small-medium imaging CROs to expand their service offerings to customers in different parts of the world. The overall market of global imaging CRO is expected to witness increasing instances of collaboration between the CROs and the pharmaceutical and biotechnology companies to bolster the better quality of outcomes from the manufacturing process in both research and clinical domains. With a gradual shift toward CROs for conducting imaging trials, the overall revenue of the market is also expected to have strong incremental opportunities in the next ten years.

The post Imaging CRO Market – A Global and Regional Analysis: Focus on Services, Modalities, Applications, Phases, End User, Country Data (11 Countries), and Competitive Landscape – Analysis and Forecast, 2020-2031 first appeared on CRI Report.

A fish meal is a commercial product made out of fish that are generally not used for human consumption. Fishmeal is commonly used to feed farm animals and as fertilizers. Fishmeal is made out of bones and offal leftover of the fishes, caught by commercial fisheries, which is then dried and crushed into powder and cake.

Market Highlights

Global Fish Meal Market is expected to exceed USD 16,276.67 billion by 2030 from USD 9,340.66 million in 2016 at a CAGR of 7.8% throughout the forecast period, i.e., 2020-2030. The global fishmeal market is estimated to grow on the back of the following reasons. Fishmeal is rich in calcium, protein, crude fiber, and amino acids which can be easily digested by the livestock, even by the aquatic animals. Moreover, it contains plenty amount of other vital minerals and fatty acids which are essential for the growth and development of various livestock. Additionally, fishmeal is a rich source of organic nitrogen and hence is extensively used as fertilizer as it accelerates the growth of plants. Thus, increasing demand for protein in animal feed is going to drive the growth of the global fishmeal market.
Global Fishmeal Market: Segments
Global Fish Meal Market has been bifurcated on the basis of application, livestock, source, and region.
On the basis of livestock, it is divided into ruminants, swine, poultry, aquatic animals, and others. Based on the source it is segmented as salmon and trout, anchovy, marine fish, menhaden, capelin, pilchard, tilapia, sand eel, and others. The oily fish species is a profitable source as it is high in protein and useful for making fishmeal and fish oils. On the basis of application global fishmeal market is categorized as fertilizers, pharmaceuticals, feed, and others.
Global Fishmeal Market:

Drivers and Restraints

Drivers:
Increasing demand for organic nitrogen
Fishmeal is rich in organic nitrogen and hence is being demanded by the agricultural sector in order to ensure the healthy and fast growth of the crops.
Rising awareness of health
Since people are now more aware of health and want to boost their immunity naturally they are opting for more organic solutions. Fishmeal and fish oil is a rich source of amino acids, proteins and omega-3 are catalyzing the demand of innovative health supplements both for infants and adult consumers.

Restraint:

Price Volatility
Volatility concerning the prices of fishmeal products is one of the major

Restraints that is expected to hamper the growth of the Global Fishmeal Market in the upcoming years. However, a steady increase in the prices of raw material (fish) is going to decrease the demand for Fishmeal products.

Global Fishmeal Market: Region

Global Fish Meal Market is segmented on the basis of regional analysis into five major regions. These include North America, Latin America, Europe, Asia-Pacific, and Middle-East& Africa. At present, Asia-Pacific holds a major share in the global market. Europe is the second-most market-leading region after the Asia Pacific. Germany, Italy, France, and Switzerland are the countries with major consumption in the European region.

Global Fishmeal Market: Impact of Covid-19
The global pandemic Covid-19 has become global stress not just for human lives but also to many industries across different industry verticals. The Covid-19 virus has infected several million people across the world, with the United States accounting for the highest share of infected cases. With an increasing number of active cases on a daily basis, it is difficult to predict the duration of the pandemic.

The adverse impact of Covid-19 on the global fishmeal market can be seen by the fact that the demand has declined significantly as China being one of the major consumers was severely hit by the disease, decline in production due to worldwide lockdown.

Key players
Some key players operating in the fishmeal market are:
 Croda International Plc (UK)
o Company overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis

 Oceana Group Ltd (South Africa)
 FMC Corporation(US)
 Austevoll Seafood ASA(Norway)
 Omega Protein Corporation(US)
 Empresas COPEC S.A. (Chile)
 Sarma Fish S.A.R.L. (Morocco)
 Alpha Atlantique (Morocco)
 Novus International Inc(US)
 Calysta Inc(US)

Global Fish Meal Market Report also contains an analysis on:
 Fishmeal Market by Segment
o By Application
• Fertilizers
• Feed
• Others

o By Source
• Salmon and Trout
• Marine fish
• Crustaceans
• Tilapia
• Others

o By Livestock
• Ruminant
• Poultry
• Swine
• Aquatic Animals
• Others

o By Region
• North America
• Latin America
• Europe
• Asia-Pacific
• Middle-East & Africa

The post Global Fish Meal Market By Application (fertilizers, feed and others); By Livestock (poultry, swine, ruminants, aquatic animals and others); By Source (salmon and trout, marine fish, crustaceans, tilapia and others); By Region (North America, Europe, Asia-pacific and rest of the world)- Analysis of market size, share & trends for 2016-19 and forecasts to 2030 first appeared on CRI Report.

Market Segmentation

• Application: Consumer Goods, Building and Construction, Automotive, Stainless Steel, and Others
• Technology: Vacuum Deposition, Sol Gel, and Others

Regional Segmentation

• North America: U.S., Canada, and Mexico
• Europe: France, Germany, Spain, Italy, Russia
• Asia-Pacific – Japan, India, South Korea, Taiwan, and Rest-of-Asia-Pacific
• China
• U.K.
• Rest-of-the-World: South America and Middle East and Africa

Market Growth Drivers

• Rising Applications in Consumer Goods Industry
• Increasing Demand from End-Use Applications

Market Challenges

• Stringent Environment Regulations
• Non-Uniform Pricing of Anti-Fingerprint Coating

Market Opportunities

• Adoption of Anti-Fingerprint Coating in Premium and Luxury Cars

Key Companies Profiled

AGC Inc., Cytonix LLC, Daikin Industries Ltd., Essilor International S.A., Harves Co., Ltd., Izovac Ltd., Leader Optronics Technology Co. Ltd., NAGASE & CO., LTD., NANOKOTE PTY LTD., NanoSlic Smart Coatings, Natoco Co., Ltd., Nippon Paint Surf Chemicals Co., Ltd, PPG Industries, Inc., Sumitomo Chemical Co., Ltd., and TAIWAN FLUORO TECHNOLOGY CO., LTD.

How This Report Can Add Value

Product/Innovation Strategy

The product segment helps the reader in understanding the different types of technologies (vacuum deposition, sol gel, others) associated with anti-fingerprint coating. The report also includes a thorough qualitative and quantitative analysis of various application areas (consumer goods, building and construction, automotive, stainless steel, others). Additionally, the research also covers regional and country-wise analysis for different technologies and applications in the anti-fingerprint coating market.

Growth/Marketing Strategy

The growth in the market is expected to rise owing to the rising demand for anti-fingerprint coatings for their applications in the automotive industry, especially from countries such as India, China, Taiwan, Thailand, and Brazil. Furthermore, large-scale investments by companies, such as Fingerprint Cards AB to introduce biometric solutions for luxury as well as premium segment cars to increase security through driver identification and authentication, are expected to further fuel the market for anti-fingerprint coatings during the forecast period 2021-2031.

Key questions answered in the Report

• What are the major driving forces that are expected to increase the demand for anti-fingerprint coatings during the forecast period 2021-2031?
• What are the major challenges inhibiting the growth of the global anti-fingerprint coating market?
• What is the global anti-fingerprint coatings market size in terms of value and volume (million square meters) from 2020-2031 along with the year-on-year growth rates and the CAGR from 2021 to 2031?
• What are the different types of anti-fingerprint coating materials being used across different industries and their growth patterns in terms of value in different regions and countries?
• What are the major technologies used for applying anti-fingerprint coatings?
• What are the new strategies adopted by the existing market players to make a mark in the anti-fingerprint coating industry?
• What are the major end-user industries for anti-fingerprint coatings globally in terms of revenue generation and volume consumption?
• Which are the major regions and countries that provide growth opportunities for the anti-fingerprint coating market?
• What is the competitive strength of the key players in the anti-fingerprint coatings market on the basis of their recent developments, product offerings, and regional presence?
• Who are the key players (along with their detailed analysis and profiles, including their financials, company snapshots, key products and services, and SWOT analysis) in the market?

Anti-Fingerprint Coating Market

The anti-fingerprint coatings market has been developing significantly since 2014, and much has been attributed to the technological advancements in this field. The ecosystem of anti-fingerprint coatings market comprises material and technology suppliers, coating manufacturers, and end users. The market is still developing, with Asia-Pacific in the forefront, followed by Europe, North America, Middle East and Africa, and South America.

Impact of COVID-19 on Anti Fingerprint Coatings Market

The COVID-19 pandemic has restricted the growth of the market as the companies have lowered their research and development funding to develop innovative solutions. The key players in the China and Asia-Pacific regions were affected the most during the first wave of the COVID-19 and had to follow strict lockdowns to ensure the safety of their employees. This affected the manufacturing and development of the anti-fingerprint coating market. However, with the vaccination process being implemented, the market is expected to grow gradually.

Anti-Fingerprint Coating Industry Overview

Anti-fingerprint coatings are widely used for their anti-smudge properties. The demand for anti-fingerprint coatings is primarily driven by a high demand for smartphones. These anti-fingerprint coating products improve the visibility of the screen, even in bright lights indoors or in sunlight.

The anti-fingerprint coating market is estimated to reach $1,239.4 million in 2031, at a compound annual growth rate (CAGR) of 5.82% during the forecast period 2021-2031. The major driving factor for the anti-fingerprint coating market would be the rising applications of such coatings in consumer goods industry and increasing demand from end-use applications.

Market Segmentation

Global Anti-Fingerprint Coating Market by Application

The application segment of the market is segmented into consumer goods, building and construction, automotive, stainless steel, and others. Building and construction is one of the major application areas for global anti-fingerprint coating, including its extensive application in architectural glass and ceramic sanitaryware. Anti-fingerprint coatings used in architectural glasses have applications in museums, commercial offices, and shop fronts. These coatings help in reducing the maintenance cost due to their self-cleaning properties. In addition, the anti-fingerprint coatings also provide aesthetic looks to the architectural glasses. In the case of sanitaryware, anti-fingerprint coatings are majorly used for hygienic purposes. The use of anti-fingerprint coatings in sanitaryware applications helps in reducing the adhesion of dirt particles and water droplets on ceramic as well as stainless steel fittings.

Global Anti-Fingerprint Coating Market by Technology

The technology segment of the market is segmented into Vacuum Deposition, Sol Gel, and Others. Technology plays a vital role in the production of anti-fingerprint coating. Different technological advancements have led to the increased production of these coatings. Vacuum Deposition is one of the major application areas for global anti-fingerprint coating. Vacuum deposition process is used by a variety of end-user industries, such as automotive, consumer goods, and building and construction, to deposit a thin layer of coating on the surface of different products. In this coating technology, the parts to be coated are kept in a chamber, whereby vapours start diffusing on the substrate of the part due to condensation under high pressure. The coatings applied by the vacuum deposition process offer noteworthy improvement in the wear and corrosion resistance when compared with the conventional method. Several techniques such as sputtering, electron beam, ion plating, and arc deposition are used for the deposition of coatings on the metallic and glass surface.

Global Anti-Fingerprint Coating Market by Region

The regional segment of the market is categorized into North America, Europe, Asia-Pacific, China, U.K., and Rest-of-the-World. China is expected to account for the highest share in the global anti-fingerprint coating market. The increasing demand for low maintenance cost in various end-user industries, such as stainless steel, consumer goods, and automotive, has led to a wide acceptance of anti-fingerprint coatings in product manufacturing and mass customizations, over time. This has led to a significant rise in the demand for anti-fingerprint coated products in the region. Additionally, concerted efforts by both the government and the manufacturing sector have played a pivotal role in making this region the frontrunner in the market for anti-fingerprint coating ecosystem.

Key Market Players and Competition Synopsis

Key players operating in the market include AGC Inc., Cytonix LLC, Daikin Industries Ltd., Essilor International S.A., Harves Co., Ltd., Izovac Ltd., Leader Optronics Technology Co. Ltd., NAGASE & CO., LTD., NANOKOTE PTY LTD., NanoSlic Smart Coatings, Natoco Co., Ltd., Nippon Paint Surf Chemicals Co., Ltd, PPG Industries, Inc., Sumitomo Chemical Co., Ltd., and TAIWAN FLUORO TECHNOLOGY CO., LTD.

The companies that are profiled in the report have been selected based on a selective pool of players, primarily Tier-1 (holding 50-60% of the market) and mid segment players (comprising 30-40% share), and small and emerging companies (holding the balance 10-20% share), based on various factors such as product portfolios, annual revenues, market penetrations, research, and development initiatives, along with a domestic and international presence in the anti-fingerprint coating industry.

The post Anti-Fingerprint Coating Market – A Global and Regional Analysis and Forecast, 2021-2031 first appeared on CRI Report.