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Global Cardiac Rhythm Management Industry is projected to expand at a 4% CAGR By 2032 | As Per FMI Report

According to the latest market data, the Global Cardiac Rhythm Management Industry is on track for a stable expansion. A projected Compound Annual Growth Rate (CAGR) of 4% between 2022 and 2032 is expected to propel the market value from US$22.1 billion in 2021 to a significant US$26.8 billion by 2025. This growth signifies the increasing importance of technologies that diagnose and treat irregular heartbeats.

Heart disorders stand out as a crucial issue in the context of growing global concern about cardiovascular diseases, which account for nearly 30% of all fatalities globally. The urgent need for sophisticated cardiac rhythm management technologies has never been more apparent.

The Global Cardiac Rhythm Management Industry recognizes the multifaceted risk factors associated with heart diseases, including elevated cholesterol levels, diabetes mellitus, cigarette smoking, obesity, and hypertension. These risk factors underscore the urgency for innovative solutions to address the diverse challenges posed by cardiovascular health.

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The COVID-19 pandemic has caused severe impacts on the global economy at various levels which can be seen in the Healthcare industry as well.

The thriving market of healthcare research and development is expected to exhibit a steep decline in sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials, and absence of potential manpower.

It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles.

However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.

Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic era to focus on the growth and development of the Global Cardiac Rhythm Management Industry.

The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market along with the key takeaways from the forecast.

The team of analysts at Future Market Insights is focussing on research and market study to produce different Global Cardiac Rhythm Management Industry forecasts and predictions at both national and international levels.

They have considered several loads of information about the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Global Cardiac Rhythm Management Industry

Global Cardiac Rhythm Management Industry Key Players

The writer will create content on the general strategies of market players. Then will write the key players in the market are Medtronic Plc, St. Jude Medical Inc, Boston Scientific Corporation, Abbott Laboratories, Biotronik, and Sorin Group.

Global Cardiac Rhythm Management Industry Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion of the market.

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Numerous segmentations have been provided for this market based on:

Based on devices, the Global Cardiac Rhythm Management Industry is broadly segmented as:

Cardiac Rhythm Pacemakers
Single Chamber Pacemakers
Dual Chamber Pacemakers
Cardiac Resynchronization Therapy
Cardiac Resynchronization Therapy – Pacemakers
Cardiac Resynchronization Therapy – Defibrillators
Implantable Cardioverter Defibrillators
Transvenous implantable cardioverter defibrillators (T-ICDs)
Subcutaneous implantable cardioverter defibrillators (S-ICDs)
Implantable Loop Recorder

Product Segmentation

The investigation offers a top-to-bottom evaluation of different clients’ journeys pertinent to the market and its segments.

The study endeavors to assess the current and future development possibilities, undiscovered roads, and factors that shape their income potential in the global market by breaking it into di such as its types, applications, and region-wise assessment.

By Regional Analysis Covered

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, UK, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)

Full in-depth analysis of the parent market

The analysts at FMI are dedicated to providing insights after extensive research and study. The study also includes estimations, projections, and evaluation of the market dynamics.

Important changes in market dynamics

The report has been created after detailed and exhaustive studies by the analysts at FMI taking several factors into consideration like monetary, ecological, social, mechanical, and political status of a particular demography.

They study the key data to assess the revenue and production of manufacturers across various regions.

The report also covers an in-depth analysis of the key changes in market dynamics in the recent past and the near future.

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Segmentation details of the Global Cardiac Rhythm Management Industry

Former, ongoing, and projected market analysis in terms of volume and value
Assessment of niche industry developments
Market share analysis
Key strategies of major players
Emerging segments and regional markets

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges clients face and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Securing Tomorrow’s Connectivity: IoT Security Product Market Set to Soar to USD 48 Billion by 2027

Internet of Things (IoT) Security Product Market Overview

The global Internet of Things (IoT) Security Product market is expected to develop at a 14.9% CAGR from 2017 to 2027, from USD 12 billion in 2017.

Increased acceptance of digital technologies such as web-based services, online education, and online banking has boosted smartphone usage among individuals, necessitating the security of such technology against cyber-attacks. Various governments throughout the world have enacted tough legislation to safeguard a secure environment and the privacy of connected devices.

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North America will Remain Dominant in the Global IoT Security Product Market

North America will continue to dominate the global IoT security product market, with sales expected to reach roughly US$ 16,000 Mn by 2027’s end. Government organizations from many North American countries have partnered with big technology corporations to adopt IoT in metropolitan areas.

These organizations also provide grants to technology suppliers to help them build IoT applications. Furthermore, the growing number of smart city initiatives in North America has resulted in the widespread use of sensor applications. The factors mentioned above are expected to boost the growth of the IoT security product market in this region.

APEJ will Register the Fastest Expansion in the Global IoT Security Products Market

The Asia Pacific Excluding Japan (APEJ) will continue to be the fastest-growing market for IoT security products, registering a high double-digit CAGR through 2027. A growing number of connected devices is leading to expansion of the IoT ecosystem in APEJ. This is further prompting the region’s leading companies for developing services and platforms, helping them in efficient management and analysis of real-time data streams gathered from multiple data sources.

With rapidly changing technologies, enterprises are faced with difficulties in deploying technology-specific networks, which in turn is expected to impede market growth in this APEJ. In addition, rapid adoption of IoT among enterprises has led to a surge in cyber-attacks, owing to increasing internet exposure to a number of devices.

Manufacturing to Remain the Largest Vertical for IoT Security Products

Manufacturing is estimated to remain the largest vertical for IoT security products in the global market. Revenues amassed from sales of IoT security products in manufacturing are expected to reach US$ 15,088.9 Mn by 2027-end. In addition, healthcare will be the fastest growing vertical in the global IoT security products market, followed by energy & utility, and transportation & logistics.

Although smart grid will remain sough-after among applications, home & building automation is expected to witness fastest expansion in the market through 2027. Revenues amassed from smart grid, and home & building automation applications of IoT security products will collectively account for revenues worth US$ 26,753.5 Mn by 2027-end.

Network security will remain preferred solution for IoT security products, with sales anticipated to account for nearly US$ 15,000 Mn by 2027-end. End-point/ device security will continue to be the second largest solution for IoT security products. In addition, vulnerability management solution for IoT security products will register fastest expansion through 2027.

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Internet of Things (IoT) Security Product Market: Segmentation

By Component

Hardware
Software

By Deployment Type

End-point or Device Security
Network Security
Identity and Access Management
Vulnerability Management
Messaging Security
Web Security
Others

By Application

Machine-to-Machine (M2M) Communication
Smart Grid
Home and Building Automation
Wearable Computing Devices
Vehicle-to-Vehicle (V2V) Communication

By Verticals

Consumer Goods and Retail
Manufacturing
Transportation and Logistics
Healthcare
Energy and Utility
Others

By Region

North America
Latin America
Europe
East Asia
South Asia & Pacific
MEA

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Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Global Microneedle Drug Delivery Systems Market Poised for Significant Growth, Reaching US$ 1459.1 Million by 2033 at a 6.6% CAGR

The global microneedle drug delivery systems market is expected to grow significantly between 2023 and 2033 globally. It is projected that the market would expand at a compound annual growth rate (CAGR) of 6.6%, valuing US$ 768.9 million by 2023 and expected to reach US$ 1459.1 million by 2033.

This development trajectory is driven by the increased occurrence of multiple illnesses, including migraines, diabetes, cancer, and others, as well as the growing requirement for accurate pharmaceutical delivery. Additionally, the market is expected to gain from the increasing demand from healthcare facilities worldwide for less invasive and painless treatment choices, which is expected to drive adoption rates.

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Key Takeaways from the Report

Solid microneedles are expected to lead the market during forecast period of 2020-2030 among product type
Hospitals are the leading end users of microneedle drug delivery systems, with specialty clinics gaining popularity.
Specialty clinics are expected to grow at an accelerated rate as one of the key end users of microneedle drug delivery systems
North America is the largest market for microneedle drug delivery systems. Along with Europe, it is expected to cover more than 70% of the market by end of 2030.
East Asia is expected to be the fastest-growing regional market during the next decade.

“Companies operating in the market are leaving no stone unturned to introduce innovations. Some have even tied up with leading solutions provider to commercialize their innovations once approved. This is expected to pave way for the market’s growth in the near future” said a lead Analyst at FMI.

Covid 19 Restricting Pace of Growth

The onset of pandemic has disturbed the entire business ecosystem. With productions coming to a halt and supply chains disrupted due to lack of transport, manufacturers of microneedle drug delivery systems are impacted in a big way.

Also, because of several restrictions by governments like social distancing, doctors and practitioners are choosing to avoid any surgical treatments which are not absolutely and immediately necessary.

Furthermore, cosmetic field which is another major user of microneedle drug delivery systems is also impacted as almost all treatments under their umbrella are considered to be not urgent.

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Key Players:

3M Company, Becton, Dickinson and Company, Zosano Pharma Corporation, Raphas co. ltd., Nanopass Tech, Corium International, Inc., Valeritas, Inc., Nitto Denko Corporation, Microdermics, Inc., TheraJect Inc., Vaxxas Pty Ltd., Endoderma Ltd., QuadMedicine, SNvia Co., Ltd., Small Lab and AdminMed Nano BioSciences LLC

Consolidating their positions through mergers, acquisitions and new product launches, global microneedle drug delivery systems market players rely heavily on new product innovation and differentiation for gaining an edge over their competitors.

The market is poised to grow during the forecast period owing to the increasing cases of diseases and needle phobia among patients. However, changing regulatory dynamics are expected to affect the growth of microneedle drug delivery systems market in the future.

For instance, Zosano Pharma’s clinical trial of zolmitriptan with microneedle drug delivery system was stopped by U. S. Food and Drug Administration because inconsistencies were found in the drug delivery.

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Future Market Insights (FMI) brings the comprehensive research report on forecast revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030. The global microneedle drug delivery systems market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on microneedle drug delivery systems market on the basis of product type such as solid microneedles, hollow microneedles and dissolving microneedles. Based on end-user such as hospitals, ambulatory centers, specialty clinics, academic institutes and research institutes across seven major regions

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Key Segments

Product Type

Solid Microneedles
- Silicon
- Metal
- Polymer
Hollow Microneedles
Dissolving Microneedles

End User

Hospitals
Ambulatory Surgical Centers
Specialty Clinics
Academic Institutions
Research institutes

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Life Science and Chemical Instruments Industry is projected to rise at a 5.3% CAGR by 2032 | According to FMI

The Global Life Science and Chemical Instruments Industry is on track for continued expansion, according to a recent report by Future Market Insights (FMI). The market is projected to reach a value of US$43.8 million by 2026, reflecting a healthy Compound Annual Growth Rate (CAGR) of 5.3% anticipated between 2022 and 2032. This upward trend builds upon a solid foundation, with the market already valued at US$40.7 million in 2021.

The life science and chemical instruments industry, which plays critical roles in expanding research and development, enriching educational institutions, and improving clinical laboratory skills, is on the verge of a transitional time. The ever-changing instruments profoundly influence a wide range of industries, greatly contributing to scientific discoveries and technical advances.

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Global Life Science and Chemical Instruments Industry:

Owing to technological advancements, the Global Life Science and Chemical Instruments Industry is expected to witness rapid growth, with an increase in outsourcing activities to Contract Research Organizations (CROs). Other factors contributing to the growth of the life science and chemical instruments market are growth in research and development in the pharmaceutical companies in drug discovery and clinical diagnostics, available funding from the government and corporations for research studies, and continuous technological innovation in the field of analytical instruments. Also, the emergence of proteomics and innovations in human genome mapping has increased the demand for the instruments in research and development laboratories and academic institutions. However, fierce competition among the vendors, lack of skilled professionals, and the high cost of these advanced instruments are anticipated to act as challenges for the growth of this market.

Chromatography is a method of separating inorganic and organic compounds so that they can be analyzed and studied further. This technique has been widely accepted in various industries such as biotechnology, the chemical industry, the pharmaceutical industry, the food industry, and clinical and forensic laboratories. The demand and further growth of chromatographic applications with drive the chromatographic instruments market during the forecast period. There is a growing demand for Electrophoresis and DNA sequencers and amplifiers in the biotechnology, pharmaceutical, and healthcare industries.

Global Life Science and Chemical Instruments Industry: Overview

The life science and chemical instruments market is expected to expand at a rate of 7% during the forecast period (2022-2032). This market of life science and chemical instruments will grow twofold by 2032.

The spectrometry segment accounts for a significant share of 35%, followed by the chromatography segment.

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Life Science and Chemical Instruments Industry: Regional Outlook

Geographically, the global Life Science and Chemical Instruments Industry is segmented into North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan, and the Middle Eastern and African regions. At present, North America dominates the Global Life Science and Chemical Instruments Industry followed by Western Europe. There is an immense opportunity for the market to grow in Asia Pacific, Japan, and Latin American (LATAM) countries. Asia Pacific is demonstrating high market growth due to increasing outsourcing activities in the life science sector, thereby leading to growth in demand for life science and chemical instruments. The market in Europe has reached saturation but has growth potential for the lab automation segment. Singapore is generating a large amount of revenue for this market as many life science companies are establishing their business in Singapore due to tax incentives provided by the domestic government.

Global Life Science and Chemical Instruments Industry: Key Players

Some of the major players contributing to the Life Science and Chemical Instruments market are Agilent Technologies, Bio-Rad Laboratories, Becton, Dickinson and Company, Abbott Laboratories, Siemens Healthcare Diagnostics, Shimadzu Corporation, Thermo Fisher Scientific, Inc., and Roche Diagnostics, Inc.

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The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global Life Science and Chemical Instruments Industry: Segmentation

By Technology:

Spectroscopy
Chromatography
Flow Cytometry
NGS
PCR
Microscopy

By End User:

Hospitals and Diagnostic Centers
Pharmaceutical and Biotechnology Companies
Contract Research Organization (CRO)
Academia & Research Institutes

By Region:

North America
Latin America
Asia Pacific
MEA
Europe

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Author

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Empowering IoT Ecosystems: Embedded Security Market Surges to US$ 11.1 Billion by 2027

Embedded Security For Internet Of Things Market

The global embedded security for Internet of things held US$ 2,525 Million in 2016 and is projected to secure almost US$ 11,125 Million by the end of 2027. The market is anticipated to exhibit high double-digit CAGR throughout the forecast period (2017-2027), in terms of revenues. The market in APEJ (Asia Pacific excluding Japan) is anticipated to reflect comparatively higher expansion throughout the forecast period, in terms of value.

Dynamics of Market

The controller chip segment is projected to procure more than four-fifth share of the market, in terms of revenues, exhibiting staggering double-digit CAGR throughout the assessment period. In terms of revenues, the segment is projected to retain its dominance throughout the forecast period. Moreover, the segment is estimated to generate incremental dollar opportunity of over US$ 6,800 Mn during 2017-2027.

The use of embedded security for IoT in connected cars is projected to expand at significant growth rate during the assessment period. Embedded security systems for IoT worth nearly US$ 687 Mn were used in connected cars in the year 2016.

Automotive industry, by vertical type is anticipated to retain its dominance in the market throughout the forecast period, securing almost one-third revenue share by the end of 2027.

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Regional Segmentation

Moreover, the North America is anticipated to remain most lucrative regions for embedded security for Internet of Things market throughout the assessment period. The market in this region has secured nearly US$ 773 Mn in the year 2016 and secured nearly one-third revenue share of the market. In terms of revenue, the North America region is anticipated to retain its dominance over the assessment period. Rising utilization of IoT devices has led to increased security concerns, thereby numerous government regulatory bodies in US region have allotted security guidelines for IoT solution providers throughout various verticals. During this period, the market for embedded security for Internet of Things in Western Europe region is anticipated to reach nearly US$ 1,677 Mn by the end of 2027, procuring staggering CGAR throughout the assessment period. Further, number of government authorities in different countries are ensuring that device manufacturers execute better security programs in order to secure cyber-attack on IoT networks and devices.

Competitive Landscape

Blackberry, a Canadian telecom service provider introduced an IoT platform based on cloud technology with device management features allowing data collection from range of networks and devices. This platform allows business partners, application developers and others to combine various aspects of IoT solutions comprising security. Primarily, the platform was directed towards shipping and automotive sector and in foreseeable period it is likely to be extended to other sectors such as healthcare and energy.

Several key market players, operating in the market are profiled in the report include, ARM Holdings Plc. (SoftBank Corp), Trend Micro Incorporated, Intel Corporation, NXP Semiconductors N.V., Gemalto N.V., Palo Alto Networks Inc., Check Point Software Technologies Ltd., Synopsys, Inc., Infineon Technologies AG, Inside Secure, and Cisco System Inc. The report reveal that these market players are likely to contribute more in the growth of the global market for embedded security for Internet of things.

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Market Segmentation

By Component

Software
Controller Chip

By Application

Smart Factory
Smart Grid
Connected Car
Networking Equipment
Computing Devices

By Vertical

Retail
Aerospace and Defence
Healthcare
Gaming
Automotive
Others

By Region

North America
Latin America
Asia Pacific (Excluding Japan)
Japan
Eastern Europe
Western Europe
Middle East & Africa

Author:

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Surfing Tourism Hangs Ten: Catching a 12.3% CAGR Wave to US$ 2,36,589.9 million by 2034

The surfing tourism market is cresting a tidal wave of success! Valued at a staggering US$ 74184.6 million in 2024, this industry is projected to reach a colossal US$ 2,36,589.9 million by 2034, propelled by a dynamic CAGR of 12.3%. Are you ready to grab your board and ride the wave of this exciting market?

Why the Surfing Tourism Market is Your Perfect Ride:

A Thirst for Adventure: Travelers crave unique and active experiences. Develop surf camps and tours that cater to all skill levels, fostering a love for the ocean and the thrill of surfing.
The Great Outdoors Beckons: The demand for outdoor adventure tourism is rising. Offer surfing experiences alongside other outdoor activities, creating a well-rounded adventure package for nature enthusiasts.
The Power of Social Media: Let the world see your amazing surf destinations! Utilize social media marketing to showcase the beauty of your location, the exhilaration of surfing, and the vibrant surf culture.

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Millennial Magic: Millennials and Gen Z prioritize active and experiential vacations. Create a welcoming environment that caters to their desire for adventure, connection, and unique experiences.
Wellness on a Wave: Surfing’s health benefits are undeniable. Market your tours to health-conscious travelers seeking fitness, mindfulness, and a connection with nature.
Sustainable Swells: Eco-conscious travelers are on the rise. Promote sustainable practices, partner with eco-lodges, and minimize your environmental impact to attract this growing market segment.
Riding the Media Wave: Surfing culture is popping in movies and fashion! Leverage this trend to showcase the coolness and excitement of a surfing vacation.
Making Waves Accessible: Offer beginner-friendly lessons and programs. The more accessible surfing becomes, the larger your market potential.
Authentic Experiences Await: Surfing destinations offer a unique cultural experience. Partner with local communities to showcase their way of life and create a truly immersive experience for your guests.

Competitive Edge for Visionary Surf Tourism Leaders:

This dynamic industry demands passion, expertise, and a commitment to responsible practices:

Location, Location, Location: Scout breathtaking locations with consistent waves and stunning natural beauty.
Safety First: Prioritize safety by maintaining top-notch equipment, employing certified instructors, and implementing comprehensive safety protocols.
Building a Community: Foster a welcoming and inclusive environment for surfers of all ages and skill levels.
Embrace Sustainability: Minimize your environmental footprint and offer eco-friendly experiences. Partner with local conservation efforts.
The Power of Storytelling: Craft compelling narratives that showcase the transformative power of surfing, the beauty of your location, and the unique stories of your local partners.
Memorable Experiences: Go beyond just lessons. Offer cultural excursions, yoga sessions on the beach, and bonfire nights to create lasting memories for your guests.

Competitive Landscape

AGIT Global North America, Inc.
AJW Surfboard Boardriders, Inc.
Body Glove
BruSurf
CANNIBAL SURFBOARDS
Channel Islands Surfboards
Firewire Surfboards, LLC
Global Surf Industries
Globe International Limited
Gul Watersports Ltd.
Harbour Surfboards
Hydenshapes
Infinity Surfboards Inc.
JS Industries
Keeper Sports Products, LLC
Mt Woodgee Surfboards
Naish International NSP International
O’Neill
Rip Curl International Pty Ltd.
Rusty Surfboards
Tahe Outdoors Ltd.
Volcom, LLC

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Key Segmentation

By Tour Type:

Domestic
International

By Consumer Orientation:

Men
Women

By Tourist Type:

Independent Traveler
Tour Group
Package Traveler

By Age Group:

26-35 Years
36-45 Years
46-55 Years

By Region:

North America
Latin America
Europe
Asia Pacific
MEA

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Faith-Based Tourism Booms: Market Finds Higher Ground at US$ 40.92 Billion by 2033, CAGR 10.5%

The travel industry is experiencing a spiritual awakening! The faith-based tourism market, currently valued at a significant US$ 15.07 billion, is projected to reach a sacred US$ 40.92 billion by 2033, fueled by a robust CAGR of 10.5%. Are you ready to be a part of this growing and purpose-driven industry?

Why the Faith-Based Tourism Market is Your Divine Calling:

A Deepening Desire for Meaning: Travelers yearn for experiences that enrich their lives beyond the ordinary. Offer tours and retreats that cater to the growing demand for spiritual connection and personal growth.
Embrace Interfaith Understanding: As the world becomes more interconnected, curiosity about different faiths is rising. Develop tours that promote cultural understanding and respect for diverse religious traditions.

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A Demographic Boom: The aging population, expanding middle class, and millennial generation are seeking unique travel experiences that align with their values. Offer faith-based tours and packages that cater to these diverse demographics.
Technology Empowers Exploration: Digital platforms and online resources are simplifying travel planning for faith-based tourists. Develop a user-friendly website, leverage social media marketing, and offer online booking to reach a wider audience.
Building a Community: Foster a sense of community and shared experience on your tours. Cater to solo travelers seeking connection and create a welcoming environment for families and multi-generational groups.

Competitive Edge for Visionary Travel Leaders:

This meaningful market requires sensitivity and strategic planning:

Partner with Faith-Based Organizations: Collaborate with religious institutions and spiritual leaders to create authentic and respectful experiences.
Focus on Inclusivity: Welcome people of all faiths and backgrounds. Offer diverse tour options that cater to different spiritual interests and practices.
Sustainable Practices are Key: Minimize the environmental impact of your tours. Partner with eco-friendly accommodations and promote responsible tourism practices.
The Power of Storytelling: Weave compelling narratives that showcase the historical and cultural significance of faith-based destinations.
Memorable Experiences: Go beyond sightseeing. Offer activities that foster self-reflection, cultural immersion, and spiritual growth.

Travel is becoming more affordable and accessible to a wider proportion of the population. Increased disposable incomes in many regions of the world are the reason behind this. A demand exists for faith-based tourism experiences as more individuals can travel on religious or spiritual pilgrimages to pursue their interests.

Through the use of online reservation services, travel apps, and social media, traveling on a religious basis has never been easier or more convenient. Travelers now find it easy to plan, reserve, and share their faith-based travel adventures. This is likely to fuel the expansion of the faith-based tourism industry.

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Competitive Landscape

Faith-based tourism market players include tour operators, travel agencies, and pilgrimage planners. Moreover, religious institutions, accommodation corporations, transportation businesses, and online travel agencies. They provide different services, including planning religious tours and pilgrimages, delivering spiritual experiences, and offering alternatives for lodging and transportation. In addition, they also arrange for well-informed guides, manage religious rituals, and provide cultural insights to meet the special requirements and interests of tourists.

Key Players

Martin Randall Travel Ltd
Heritage Tours & Travels
Bestway Tours & Safaris
Regina Tours
Travelway Europe
SpainTOP
206 Tours Inc.
Maranatha Tours
Indus Travels Inc.
Brightspark Travel Inc.
Wendy Wu Tours
ACE Cultural Tours
Kesari Tours Pvt Ltd
Go Thailand Tours
S. Travel & Tours Co., Ltd
Vansol Travel & Tours
Catholic Travel Centre
Amiel Tours LTD
Israel Travel Providers, LLC
Gil Travel Group

Key Developments

The Culture Travel Company was founded in 2017 by Martin Randall Travel Ltd. The goal of this invention is to provide top-notch cultural travel experiences at reasonable costs. The opening of this brand-new business provides customers with different tours, group dinners, and free time.
Additional pilgrimages have been introduced by Regina Tours to both nearby and distant locations, including Canada, Mexico, Greece, Germany, Poland, and Ireland.

Global Faith-based Tourism Market by Category

By Type:

Day Trips & Local Gateways
Museums
Pilgrimages
Religious and Heritage Tours
Others

By Booking Channel:

Phone Booking
Online Booking
In Person Booking

By Tourist Type:

Domestic
International

By Tour Type:

Independent Traveler
Tour Group
Package Traveler

By Consumer Orientation:

Men
Women
Children

By Age Group:

15 to 25 Years
26 to 35 Years
36 to 45 Years
46 to 55 Years
66 to 75 Years

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
The Middle East and Africa(MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Nandini Singh Sawlani

Dark Tourism Unveiled: A US$ 40.82 Billion Opportunity Beckons, CAGR 2.5% by 2034

Dark tourism might not be for everyone, but the market for these unique travel experiences is undeniable. This market, valued at a substantial US$ 31.89 billion in 2024, is projected to reach a chilling US$ 40.82 billion by 2034, fueled by a steady CAGR of 2.5%. Are you ready to explore the depths of this intriguing and evolving industry?

Why Dark Tourism is Your Niche Opportunity:

A Thirst for Knowledge: Travelers are increasingly drawn to destinations associated with dark chapters in history. Offer curated tours and experiences that educate and challenge visitors while respecting the past.
Beyond the Superficial: Dark tourism caters to a desire to confront uncomfortable realities and explore taboo topics. Develop tours that delve deeper, providing historical context and fostering meaningful reflection.

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The Power of Storytelling: Popular culture ignites interest in dark tourism destinations. Partner with content creators and leverage social media to showcase your tours in a respectful and thought-provoking manner.
Ethical Considerations: Balance education with respect. Develop sensitive and ethical tourism practices that honor victims and survivors while ensuring a meaningful experience for visitors.
Sustainability Matters: Some dark tourism locations are ecologically sensitive. Implement sustainable practices and manage visitor flow to minimize environmental impact.

Competitive Edge for Astute Travel Specialists:

This complex market demands sensitivity and strategic planning:

Partner with Local Communities: Collaborate with local communities and survivor groups to ensure tours are respectful and benefit the local economy.
Focus on Education: Go beyond the sensational. Partner with historians and educators to curate tours enriched with historical context and factual information.
Embrace Technology: Develop interactive exhibits and audio guides that enhance the visitor experience while promoting responsible tourism practices.
Train Your Guides: Invest in training your tour guides to ensure sensitivity, historical knowledge, and the ability to answer visitor questions thoughtfully.
Building Trust is Key: Maintain transparency in your practices and prioritize ethical operations to build trust with discerning dark tourism travelers.

Category-wise Insights

Category	Market Share in 2024
Holocaust	28.6%
Online Booking	39.2%

Key Players:

Lupine Travel Company
Chornobyl Tours
Dark tourism
Young Pioneer Tours
Aero Travels
Atlas Obscura
Dark Rome Tours
Anne Frank House
Auschwitz-Birkenau Memorial and Museum
Haunted History Tours
Alcatraz Cruises

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Dark Tourism Market – Key Segments

By Type:

Holocaust Tourism
Genocide Tourism
Paranormal Tourism
Battlefield Tourism
Nuclear Tourism
Others

By Booking Channel:

Phone Booking
Online Booking
In Person Booking

By Tourist Type:

Domestic Tourist
International Tourist

By Tour Type:

Independent Traveler
Tour Group
Package Traveller

By Age Group:

15-25 Years
26-35 Years
36-45 Years
46-55 Years
56-65 Years
66-75 Years
More Than 75 Years

By Region:

North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia
The Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Tourism Takes Off: Industry Soars to US$ 17.1 Trillion by 2032, CAGR 5%

The tourism industry is a global giant, and it’s on the move! Valued at a staggering US$ 10.5 trillion in 2022, the market is projected to reach a phenomenal US$ 17.1 trillion by 2032, fueled by a healthy CAGR of 5%. But this growth isn’t just about traditional destinations. Are you ready to be a part of the exciting transformation of tourism?

Why the Tourism Market is Your Golden Opportunity:

A World of New Destinations: Travelers are venturing beyond traditional tourist hotspots, exploring lesser-known destinations in Asia and Africa. Cater to this trend by offering unique experiences in these emerging markets.
Beyond the Beach: Adventure tourism, art tourism, and niche experiences are on the rise. Develop innovative tours and activities that cater to specific interests and passions.
Embrace Digital Transformation: Travelers rely on online platforms to research and book trips. Invest in a user-friendly website, leverage social media marketing, and embrace online booking systems to capture a larger audience.

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Cultural Connections: Cultural and pilgrimage tourism are booming in Asia, Africa, and South America. Offer tours and experiences that immerse travelers in local cultures and traditions.
Sustainable Practices are Key: Eco-conscious travelers are seeking responsible tourism options. Offer sustainable tours, partner with eco-friendly accommodations, and minimize your environmental impact to attract this growing market segment.

Competitive Edge for Visionary Travel Leaders:

This dynamic industry demands innovation and adaptation:

Personalize the Experience: Focus on creating personalized itineraries that cater to individual interests and budgets.
Safety First: Prioritize safety measures and ensure your tours and activities meet the highest safety standards to build trust with travelers.
Embrace Technology: Utilize virtual reality and augmented reality tools to showcase destinations and provide travelers with a unique pre-trip experience.
The Power of Storytelling: Craft compelling narratives that showcase the unique experiences your tours offer. Utilize storytelling through captivating content and targeted marketing campaigns.
Building Trust is Paramount: Maintain transparency in your pricing and operations, and prioritize excellent customer service to build trust and loyalty with travelers.

The global tourism market has a low level of concentration as there are large numbers of international and local players in tourism market. The market for global tourism is highly fragmented in nature. Aban Offshore Ltd., Accor Group, Crown Ltd., Balkan Holidays Ltd., Fred Harvey Company and G Adventures are some of the players in global tourism market.

The report covers exhaustive analysis on

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

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Regional analysis includes

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific
Japan
Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Edible Films and Coatings Market is Driven by Increasing Consumer Demand for Sustainable Packaging Solution

The edible films and coatings market is anticipated to expand from US$ 2,210.0 million in 2023 to over US$ 4,871.0 million by 2033 at a CAGR of 8.2%.

The demand for edible films and coatings is propelled by factors like food preservation and quality maintenance, consumer preference for natural and safe products, customization and personalization, regulatory support, and technological advancements.

Challenges exist for companies such as achieving film performance and stability, cost efficiency, scale-up and production scalability, and consumer acceptance and perception. Opportunities for growth in the industry include incorporating functional ingredients, convenience and portability, collaboration and partnerships, and emerging market potential.

Latest trends in the industry include clean label and natural ingredients, active packaging and functional films, intelligent packaging and smart films, novel applications, and online retail and e-commerce.

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Key Takeaways in the Market:

North America holds a significant share of 36.7% in the edible films and coatings market due to the increasing adoption of sustainable packaging solutions and growing consumer demand for safe and eco-friendly products.
Germany has a market share of 3.8% driven by its emphasis on sustainability and eco-friendly solutions. China, with a CAGR of 7.9%, recognizes the need for sustainable alternatives and solutions.
India’s food processing industry is leading to a growth trajectory of 6.4% supported by initiatives promoting sustainable packaging practices.
Polysaccharides contribute to a 43.4% share of the market due to their versatility and effectiveness.
Fruits and vegetables hold a share of 38.2% as edible films and coatings help prevent post-harvest losses and cater to consumer preferences for natural products.

Competitive Landscape in the Edible Films and Coatings Market

The global market for edible films and coatings is competitive, and several global competitors are crucial to industry growth. Manufacturing businesses are investing extensively in research and development to create alternatives to plastic packaging, and edible films and coatings.

Companies turned their focus to producing eco-friendly and biodegradable edible films and coatings. To strengthen their foothold in the trash bag market, manufacturers used methods such as mergers and acquisitions, new product development, and distribution channel growth.

Latest Developments:

In April 2021, AgroFresh Solutions Inc., the United States-based provider of food freshness and quality solutions, launched VitaFresh Botanicals – Life Ultra, a new plant-based film. It employs a new innovative technology involving a nanoemulsion process that generates small particles, resulting in the best coating of foods and increased protection.
Sherwin-Williams Company, a paint and coatings manufacturer based in the United States, agreed to buy Peter Möhrle Holding and the GP Capital UG partnership, which includes Oskar Nolte GmbH and Klumpp Coatings GmbH, for an unknown sum in November 2022. Sherwin-Williams expects to develop economically fast in the global industrial wood market with this acquisition and might continue to pursue its acquisition strategy of complementary, large, and distinguishing enterprises.

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Segmentation Analysis of the Edible Films and Coatings Market

By Ingredient Type:

Polysaccharides
Protein
Lipids
Others (Based on Nano-reinforcements, blends, and encapsulation)

By Application:

Nutritional Products
Dairy Products
Confectionery & Bakery
Vegetables & Fruits
Poultry, Meat & Fish
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
The Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani