Wednesday, 30 March 2022

Bone Void Fillers Market to Grow at a Steady CAGR of 5.86% During the Forecast Period | TechSci Research

Increasing prevalence of bone related diseases to drive the growth of global bone void fillers market in the forecast period, 2022-2026.

Bone Void Fillers Market - TechSci Research
According to TechSci Research report, Bone Void Fillers Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2026”, the global bone void fillers market stood at USD2653.41 million in 2020 and is expected to grow at a steady CAGR of 5.86% during the forecast period on account of growing prevalence of fractures and spinal cord injuries.

The growing demand for bone void fillers for spinal cord surgeries, dental applications, among others is expected to drive the market growth through 2026. Additionally, increasing healthcare expenditure coupled with improving healthcare scenario is further expected to support the market growth over the next few years. Furthermore, growing geriatric population worldwide which is susceptible to falls and injuries is expected to support the market growth during the forecast period.

Besides, advancements such as use of nano materials for bone regeneration, growing popularity of bio ceramics, among others are expected to create lucrative opportunities for the market growth through 2026. However, high cost of orthopedic surgery is one of the major challenges faced by the patients of Latin America and the Middle East and Africa. The cost of surgery varies based upon the countries and experience of surgeons.

The estimated average cost is nearly USD25,000 to USD30,000, which includes consultation fees as well. Therefore, lack of affordability is one of the prominent factors that restraints the growth of the global bone void filler market. Also, stringent regulatory scenario and policies for launching and marketing bone void fillers are expected to hamper market growth significantly. The regulatory framework is quite strict when it comes to product recalls.

Browse over 152 market data Figures and 4 market data Tables spread through 248 Pages and an in-depth TOC on "Global Bone Void Fillers Market"

https://www.techsciresearch.com/report/bone-void-fillers-market/7574.html

The US Food and Drug Administration (FDA) recommends biocompatibility testing for blood contacting long-term implantable devices and asks to provide sterilization information to attain a specific (SAL) of 1 x 10-6 assurance level. Manufacturers planning to market such devices need to address the specific risks to health associated with bone void filler devices and obtain a considerable equivalence from the FDA before marketing and selling the device.

The global bone void fillers market is segmented based on material, form, procedure, end user, company, and regional distribution. In terms of material, the market can be categorized into calcium sulphate, demineralized bone matrix, tri-calcium phosphate, and others. Calcium Sulphate material type dominated the market in 2020 with an overall share of 34.39% on account of its high osteoconductivity.

Additionally, calcium sulphate was the first material through which bone void fillers were first prepared and most of the commercial bone void fillers available in the market are made up of calcium sulphate. While demineralized bone matrix segment is expected to register the highest growth through 2026 on account of their widespread use in spine fusion surgeries and several dental procedures.

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Additionally, demineralized bone matrix possesses more osteoinductive properties than any other regular allograft because of its enhanced bioavailability of growth factors following the demineralization process. Based on end user, the market can be categorized into hospitals, specialty clinics, and others.

The hospitals are expected to dominate the market in terms of the various end users of bone void fillers. This can be ascribed to the availability of sophisticated equipment, facilities, skilled professionals, among others in the hospitals, as a result of which most of the critical surgeries requiring bone void fillers are performed in hospitals.

Additionally, strict adherence to the guidelines for bone void fillers administration can be effectively ensured at hospitals as compared to other healthcare facilities.

Key market players in the global bone void fillers market include:

  • Stryker Corporation
  • Zimmer Biomet Holdings, Inc.
  • Smith & Nephew, Plc
  • Medtronic, Plc
  • Johnson & Johnson
  • BoneSupport AB
  • NuVasive, Inc.
  • Integra Lifesciences Holdings Corporation
  • Arthrex, Inc.
  • Collagen Matrix, Inc.

Global bone void fillers market is consolidated with a lot of well-established players having presence in several countries: with several domestic players possessing leadership in certain regions and countries, among others. Stryker Corporation holds the highest market share and is among the top five market players globally.

Zimmer Biomet Holdings, Inc., ranks second in terms of market share in the overall bone void fillers market. The company has a strong presence worldwide and a huge brand value. People in emerging countries are also aware of the presence, product portfolio and business of the company and are preferring it over other competitor brands.

Press Release: https://www.techsciresearch.com/news/6723-bone-void-fillers-market.html

Additionally, there are other prominent players such as Smith & Nephew, Plc, Medtronic, Plc, and Johnson & Johnson, among others, holding a significant position in the global bone void fillers market.

“The Asia Pacific region is expected to register the fastest growth during the forecast period. This can be attributed to the large and growing geriatric population in the region, which is susceptible to different kinds of injuries, bone related diseases such as osteoporosis, etc., especially in countries like China, India, and Japan. Furthermore, growing medical tourism across the region especially in countries like Singapore, China, India and Japan on account of availability of medical facilities at an affordable cost is contributing to the growth of the market in the region.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Global management consulting firm.

Bone Void Fillers Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2026 Segmented By Material (Calcium Sulphate, Demineralized Bone Matrix, Tri-Calcium Phosphate, Others), By Form (Putty, Paste, Granules, Gel, Others), By Procedure (Spine Fusion & Interbody Fusion, Oral Surgeries, Others), By End User (Hospitals, Specialty Clinics, Others), By Region”, has evaluated the future growth potential of global bone void fillers market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global bone void fillers market.

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Tuesday, 29 March 2022

Vietnam Water Purifier Market - Industry Size, Share, Trend, Opportunity and Forecast 2027 | TechSci Research

According to #TechSci Research report, Vietnam Water Purifier Market is anticipated to grow at a CAGR of 9.21% during the forecast period to reach around USD451.21 million by 2027F.

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United States Toys Market to Grow with Technological Advancement at the CAGR of 4.13% During Forecast Period | TechSci Research

Attractive packaging of the products offered is driving the growth of the United States toys market in the forecast period, 2023–2027.

United States Toys Market - TechSci Research
According to TechSci Research report on, “United States Toys Market - By Region, Competition Forecast & Opportunities, 2027”, the United States toys market was valued at around USD22 billion in 2021 and is projected to grow at a CAGR of over 4.13% during the forecast period 2022–2027 owing to factors such as the rise in technology, which led to an increase in demand for educational toys and digital toys in the market.

The increasing adoption of connected devices in the educational sector has led to the advancement of smart toys. These toys aid in the development of children's cognitive and communication skills, which has increased their popularity and demand among customers.

Players in the market are introducing a wide range of smart toys to meet the growing demand for such toys in the United States, which improves students' cognitive skills and their academic and motor skills. Furthermore, the growing demand for smart toys is forcing traditional toy manufacturers to introduce products at significantly lower prices to stay competitive, resulting in market growth.

Browse over 21 market data Figures spread through 70 Pages and an in-depth TOC on "United States Toys Market"

https://www.techsciresearch.com/report/united-states-toys-market/8290.html

The United States toys market is segmented based on product type, distribution channel, region, top 10 leading states, and competitional landscape. In terms of product type, the market is further fragmented into outdoor and sport toys, dolls, vehicles, plush, and others which includes (action figures, construction toys, games & puzzles, etc.).

The Outdoor and Sports Toys segment is further sub-segmented into skates/scooters and skateboards, sports ball, and others which includes water toys, and pool floats, toy sports products, etc. Fashion dolls, baby dolls, and others which include miniature dolls, China dolls are segmented into dolls category.

Electronic and non-electronic vehicle toys come under the vehicle toys category. The plush segment includes stuffed animal toys, cartoon toys, and others which includes customizable stuffed toys, special soft doll, etc. Among these, Outdoor and Sports Toys accounted for the majority of the market share of around 22% in the United States toys market. The sports ball product category is projected to grow at a faster rate in the coming years.

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Based on distribution channels, the market is bifurcated into supermarkets/hypermarkets, specialty stores, online, and others (stationery stores, gift shops, kiosks, etc.). Among these, the online segment is the fastest-growing segment and will continue to be so in the forecast period. Some of the main factors driving the growth of online sales are an increase in the number of internet users, ease of access, availability 24 hours a day, seven days a week, and a variety of options.

Key market players in the United States Toys market include:

  • Mattel, Inc.,
  • The Lego Group
  • Hasbro, Inc.
  • Spin Master, Inc.
  • Funko, Inc.
  • Jakks Pacific, Inc.
  • VTech Holdings
  • Tomy Company, Ltd,
  • Manhattan Group, LLC
  • U.S. TOY Co., Inc.

The companies are expanding their portfolio through various mergers and acquisitions with different companies. Hasbro is a leading play and entertainment company committed to creating the world's best play and entertainment experiences. From toys, games, and consumer products to television, movies, digital gaming, live-action, music, and virtual reality experiences, Hasbro connects to audiences by bringing to life great innovations, stories, and brands across established and inventive platforms.

Press Release: https://www.techsciresearch.com/news/6941-united-states-toys-market.html

“The United States is well known for offering a wide range of toys across the globe after China. Some of the most popular toy brands in American households include LEGO, Hot Wheels, and Fisher-Price, which are widely known for their toy categories. The rising popularity of the United States toy market is expected to gain large momentum in the forecast years with the rising demand at the global level.,” said Mr. Karan Chechi, Research Director with Tehsci Research, a research-based global management consulting firm.

“United States Toys Market By Product Type (Outdoor and Sports Toys, Dolls, Vehicles Toys, Plush Toys, Others (Action Figures, Construction Toys, Games & Puzzles, etc.)), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online, Others (Stationery Stores, Gift Shops, Kiosks, etc.) By Region, By Leading States, Competition, Forecast & Opportunities, 2027”, has evaluated the future growth potential of the United States Toys Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the United States Toys market.

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https://www.techsciresearch.com/report/india-wet-wipes-market/4787.html

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Monday, 28 March 2022

Europe to Dominate Coronavirus Testing Kits Market During the Forecast Period | TechSci Research

Growing cases of COVID-19 disease across the globe to drive the growth of global coronavirus testing kits market.

Coronavirus Testing Kits Market - TechSci Research

According to TechSci Research report, Coronavirus Testing Kits Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027”, the global coronavirus testing kit market stood at USD68129.19 million in 2021 and is expected to grow at a steady CAGR during the forecast period on account of growing cases of COVID-19 disease across the globe.

Increasing R&D activities connected to the manufacturing of coronavirus testing kits by key firms and research institutions throughout the world are likely to propel the global coronavirus testing kits market forward during the forecast period. Additionally, the market is predicted to grow in the coming years as various governments around the world increase funding and grants for the development of testing kits so that they can identify each case and take essential preventive actions.

Furthermore, the widespread use of test kits to test covid is expected to boost the industry. In addition, rising healthcare spending and the growing need to protect the population from an outbreak are boosting market growth. Apart of that, due to the increase in the number of Omicron variant of COVID-19 cases has also turned out to be a boon for coronavirus testing kit makers, as people are buying self-test kits to test at home.

This has, however, also lead to enhance the growth of Coronavirus testing kit market. However, the high cost of testing kits may stifle market expansion, particularly in underdeveloped countries. In addition, a lack of testing kits and a scarcity of them could stymie industry expansion. Furthermore, it has been shown that some testing kits are ineffective, which has a negative impact on market growth.

Browse over 250 market data Figures spread through 110 Pages and an in-depth TOC on "Global Coronavirus Testing Kits Market"

https://www.techsciresearch.com/report/coronavirus-testing-kits-market/4693.html

The global coronavirus testing kits market is segmented based on type of test, use, full test time, technology, specimen, mobility, end use, company, and region.

Based on type of test, the market can be bifurcated into molecular and serological tests. Because it looks for symptoms of an active infection or symptom, the molecular type of test segment is likely to dominate the market over the projection period. Furthermore, these tests are useful in identifying existing COVID-19 illness cases. Because these tests are done using blood samples and detect the antibodies produced by the body against the virus, the serological tests segment is predicted to increase significantly throughout the forecast years.

Furthermore, these tests are useful in identifying people who have just minor or no symptoms. Based on use, the market can be divided into Multiple test and single test. Because they are based on antibody tests and give early disease detection, the Multiple Testing Kits category is predicted to increase significantly in the market over the next five years. They also give quicker diagnosis, are accurate, and are simple and convenient to use. They are also accessible at reasonable costs with prompt delivery of the kits.

Based on specimen, the market can be segregated into Nasopharyngeal specimen, Oropharyngeal specimen, Blood, Sputum, others. The Nasopharyngeal specimen type is expected to dominate the market since it is where the coronavirus replicates and hence are preferred for taking the patient’s specimen or sample.

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Also, the blood specimen type segment is expected to grow rapidly during forecast period on account of the availability and growing preference for antibody-based testing kits, since they provide faster diagnostics of the disease. Based on end use, the market can be grouped into Public Health Labs, Hospitals, Private or Commercial Labs, Physician Labs, Others. The Public Health Labs is expected to dominate the market owing to the presence of sophisticated diagnostic and treatment facilities in them.

Key market players in the global coronavirus testing kits market include:

  • Thermo Fisher Scientific Inc.
  • Abbott Laboratories
  • Roche Holdings AG
  • Quest Diagnostics Inc.
  • Quidel Corporation
  • PerkinElmer Inc.
  • QIAGEN NV
  • Becton Dickinson and Company
  • BioMedomics
  • Getein Biotech
  • Sensing Self Ltd
  • Hangzhou Biotest Biotech
  • Beijing Tigsun Diagnostics Co Ltd
  • Biomaxima
  • CTK Biotech
  • Hunan Lituo Biotechnology Co
  • Vivacheck Lab
  • MD Solutions
  • Siemens
  • Seegene Technologies
  • FastSense Diagnostics

There are a lot of well-established players in the Global Coronavirus test kits market, who have presence in several countries and there are several domestic players possessing leadership in certain regions and countries, among others. Thermo Fisher Scientific Inc. is among the top five market players globally and holds the highest market share.

Abbott Laboratories, Inc., ranks second in terms of market share in the global coronavirus testing kits market. The company has a strong presence globally and a huge brand value. People in emerging countries are aware of the presence, product portfolio and business of the company and are preferring it over other competitor brands.

Additionally, there are other prominent players such as Roche Holdings AG, Quest Diagnostics Inc., Quidel Corporation, PerkinElmer Inc., QIAGEN NV, Becton Dickinson and Company, among others, holding a significant position in the global coronavirus testing kit market.

The Companies are adopting innovative technique to compete in the market. For instance, in April 2020, Hememics Biotechnologies Inc., collaborated with Biomedical Research and Development Authority (BARDA) to develop a rapid COVD-19 antigen and antibody diagnostic tool which is Bluetooth-enabled and screens people within 60 seconds with a single drop of blood or mucus.

Press Release: https://www.techsciresearch.com/news/6932-coronavirus-testing-kits-market.html

“Europe is expected to dominate the global coronavirus testing kits market during the forecast period. This can be attributed to the growing investments in research developments of rapid Covid-19 testing kits (antigen kits) and presence of key players and merger of various companies & government for development of coronavirus testing kits in this region.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Global management consulting firm.

Coronavirus Testing Kits Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027 Segmented By Type of Test (Molecular v/s Serological), By Use (Multiple Test vs Single Test), By Full Test Time (5 Hours- 12 Hours, 1 Hour- 5 Hours, 15-60 minutes, Less than 15 minutes, 12 Hours - 24 Hours, More than 1 day), By Technology (RT-PCR, Rapid Diagnostic Test, ELISA Test, Others), By Specimen (Nasopharyngeal Specimen, Oropharyngeal Specimen, Blood, Sputum, Others), By Mobility (Stationary and Mobile), By End Use (Public Health Labs, Hospitals, Private or Commercial Labs, Physician Labs, Others), By Region”, has evaluated the future growth potential of global coronavirus testing kits market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global coronavirus testing kits market.

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Residential Water Purifiers Market to Grow at a CAGR of 13.43% until 2027 | TechSci Research

Global Residential Water Purifier Market is driven by surging demand for clean, pure, and hygienic water for drinking purposes in the forecast period, 2023-2027.

Residential Water Purifiers Market - TechSci Research
According to TechSci Research report, Residential Water Purifier Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2017-2027, the global residential water purifier market was valued USD20783.78 million in 2021 and is forecast to grow at a CAGR of 13.43% through 2027. The market growth can be attributed to the factors like surging demand for clean, pure, and hygienic water for drinking purposes.

Growing prevalence of water borne diseases like cholera, diarrhea, typhoid, dysentery, hepatitis A, further drives the growth of the global residential water purifier market in the upcoming five years. In addition to this, growing population is expected to further upsurge the demand for water purifiers, and thereby support the growth of the global residential water purifier market in the next five years.

Moreover, the population is highly concerned about consumption of clean water. Increasing health awareness and growing instances of infectious diseases aids the market growth. The demand for water purifiers further increases from the developing nations like India, Vietnam, Indonesia, etc. The quality of water in these countries is poor and causes health hazards.

Browse over 105 market data Figures and 2 tables spread through 146 Pages and an in-depth TOC on "Global Residential Water Purifiers Market"

https://www.techsciresearch.com/report/global-residential-water-purifiers-market/3445.html

Technological advancement, consistent research for innovative product development and increased manufacturing of water purifiers further aids the growth of the global residential water purifiers market in the forecast years through 2027.

The global residential water purifiers market segmentation is based on technology, sales channel, regional distribution, and competitional landscape. Based on technology, the market is further segmented into RO, media, UV, UF, and others like nanofiltration, etc. RO technology is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the grounds of surging demand for purified drinking water.

Usage of reverse osmosis technology further drives the growth of the global residential water purifiers market in the next five years. Reverse osmosis technology functions on the basic principle of movement of water from higher concentration to lower concentration with ability to filter out impurities larger than or equal to 0.3 micron. The water purifier with the RO technology has a partially permeable membrane that allows the transfer of water from one gradient to another.

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Basically, a partially permeable filter screen that can allow the passage of ions, minerals, and water molecules through but restricts the movements of impurities like microorganisms, and other larger chemical components. Through this method even the salt water can be converted into fresh drinkable water. But the system has a fault, that is restricts movement of certain larger mineral molecules and thus fresh water is drinkable but not healthy.

Based on sales channel, the market is further differentiated between direct and indirect sales. Indirect sales are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on grounds of surging demand for clean and purified water at home. Increasing residential infrastructures and corporate offices and the construction of the buildings further drives the growth of the global residential water purifier market in the next five years.

Some of the market players, dominating the global residential water purifier market are:

  • Midea Group Co. Ltd.
  • Coway Co. Ltd.
  • Brita GmbH
  • A.O. Smith Corporation
  • Eureka Forbes Limited
  • Culligan International Company
  • BWT Holding GmbH
  • Unilever PLC
  • Panasonic Corporation
  • Kent R O Systems Limited

Press Release: https://www.techsciresearch.com/news/6931-residential-water-purifiers-market.html

“Asia Pacific region is anticipated to hold the largest revenue shares of the market and dominate the market in the upcoming five years due to higher demand for the product from the developing nations like India, Vietnam, China, Indonesia, etc. Rising prevalence of water-borne diseases and increasing consumer awareness regarding safe drinking water, and innovative products to purify the water. Water supply in the countries like Vietnam, Indonesia lacks proper piped system. Although the demand for water purifiers is increasing, the infrastructure and piped system required for a stable water supply in all the regions of these countries is difficult and are point of concerns. Increasing demand for purifier water as a concern against spreading infectious diseases are further substantiating the growth of the global residential water purifiers market in the forecast years. New market players may focus on the technological advancements and innovative product development along with increasing investments and establish their brands in the market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Residential Water Purifier Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2017-2027 Segmented By Technology (RO, Media, UV, UF, others (nanofiltration, etc.)), By Sales Channel (Indirect and Direct), By Region”, has evaluated the future growth potential of global residential water purifiers market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global residential water purifiers market.

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Friday, 25 March 2022

UAE Gems & Jewelry Market to Grow at a CAGR of 6.53% until 2027 | TechSci Research

UAE Gems & Jewelry Market is anticipated to grow with rising disposable income, in the forecast period, 2023-2027F.

UAE Gems & Jewelry Market - TechSci Research
According to TechSci report on, “UAE Gems & Jewelry Market - By Region, Competition Forecast & Opportunities, 2027”, UAE gems & jewelry market stood at USD7.28 billion in 2021, growing at a CAGR of 6.53% during the forecast period, 2023-2027, owing to factors like growing demands for branded jewelry. Rising number of market players in the country is further driving the growth of the UAE gems & jewelry market in the upcoming five years.

Quality assurance over product, assured authenticity of the gems and jewels, along with aesthetic designs over jewelry are major factors influencing the consumer preference toward branded jewelry that drives the market growth. Collaboration between fashion houses and jewelry designers, and market players increase the product availability for the consumers to choose from, thereby supporting the growth of the UAE gems & jewelry market in the next five years.

In recent years, increasing employment and the growing working female population is also aiding the growth of the UAE gems & jewelry market in the future five years. Rising disposable income among the population, along with the surging demands for modern jewelry also facilitate the market growth.

Browse over 25 market data Figures spread through 81 Pages and an in-depth TOC on "UAE Gems & Jewelry Market"

https://www.techsciresearch.com/report/uae-gems-and-jewelry-market/1451.html

Moreover, consumers are inclined toward high-quality products, with increasing combined family incomes, purchase capacity among the population is further increasing and substantiating the growth of the UAE gems & jewelry market in the forecast years through 2027. Technological innovations, increasing use of advanced techniques and equipment for the manufacturing of designer jewels, gem cutting, etc., also aid the growth of the UAE gems & jewelry market in the forecast period.

Furthermore, materials, such as gold and silver, are widely regarded as symbols of wealth and status among families. Modern materials such as white gold, platinum, and rose gold are some of the modern designs and modern materials that are being quickly adopted in the UAE market. Diamonds and gemstones like rubies and others are playing an increasingly important role in changing fashion trends, especially among the upper-middle and upper-classes.

The UAE gems & jewelry market segmentation is based on type, distribution channel, differentiation between organized and unorganized sector, regional distribution, and competition landscape. Based on distribution channel, the market is further segmented into jewelry showrooms, company exclusive showrooms and online. Jewelry showrooms are anticipated to dominate the market segment, holding the largest revenue shares of the market by 2027F.

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The market segment growth can be attributed to the dependency of consumers over authenticity certificates and demand to physically assure product quality and authenticity. Moreover, jewelry showrooms also guarantee an easy return, exchange, and branded products as per customer demands, thereby aiding the growth of the UAE gems &jewelry market in the next five years.

Organized gem & jewelry market sector may lead the market segment due to the increasing number of market players in the country. Demand for branded products and quality assurance, along with the increasing consumer inclination toward modern and lightweight jewelry for regular wear, also drives market growth and thus increases the number of market players in the country.

Based on type, the market is further segmented into gold, diamond, gemstones, silver, and other. Diamond jewelry market registered the fastest CAGR of about 7.97% during the forecast years. Sudden increase in the demand for diamond jewelry, increasing demand for modern designs, and growing popularity for expensive materials like rose gold, and platinum fused with diamonds are further increasing the growth of the UAE gems & jewelry market in the future five years.

A partial list of major market players of the UAE gems & jewelry market includes:

  • Damas Jewellery LLC
  • Malabar Gold and Diamonds
  • Sky Jewellery LLC
  • Titan International (Middle East) FZE
  • Tiffany & Co.
  • Kalyan Jewellers FZE
  • Joyalukkas Jewellery LLC
  • Pure Gold Jewelers LLC
  • Ceylon Master Gems FZCO
  • Atlas Jewellery LLC

Press Release: https://www.techsciresearch.com/news/6921-uae-gems-and-jewelry-market.html

“Dubai region leads the UAE gems & jewelry market due to increasing demands from the tourists. Tourism industry in the country is booming due to the international population visiting Dubai & Abu Dhabi regions for business and entertainment purposes. The sales for the jewelry grow exponentially owing to the increasing number of market players in the region too. Demand for exclusive and designer jewelry with inexpensive material fusions, modern designing further facilitate the growth of the UAE gems & jewelry market in the upcoming five years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

UAE Gems & Jewelry Market By Type (Gold, Diamond, Gemstones, Silver and Others), By Distribution Channel (Jewelry Showrooms, Company Exclusive Showrooms and Online), By Organized Vs. Unorganized Sector, By Region, Competition Forecast & Opportunity, 2027F has evaluated the future growth potential of UAE gems & jewelry market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in UAE gems & jewelry market.

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Vietnam Travel & Tourism Market By Product/Service Offering (Ticket Reservation, Hotel Booking, Holiday/Tour Packages, Travel Insurance, Foreign Exchange, Visa Services, Conference/Trade Fair Services and Others), By Destination (Domestic Tourist Vs International Tourist), By Purpose of Visit (Business, Leisure & Recreation, Education, Medical, Social Activity and Others), By Region, Competition Forecast & Opportunities, 2027

https://www.techsciresearch.com/report/vietnam-travel-tourism-market/8187.html

United States Personal Accessories Market By Product Type (Jewelry, Watches, Bags & Wallet, and Others (Eyewear, Belts, Caps & hats, etc.)), By End User (Female, and Male), By Distribution Channel (Exclusive Stores, Multi-Brand Stores, Specialty Stores, Online Market, Supermarket/Hypermarket), By Region, Competition, Forecast & Opportunities, 2026

https://www.techsciresearch.com/report/united-states-personal-accessories-market/8148.html

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Thursday, 24 March 2022

India Branded Sugar Market to Surpass USD 1226.59 Million by FY2027 | TechSci Research

Growing use of branded sugar in various applications to drive Branded Sugar market of India in the forecast period.

India Branded Sugar Market - TechSci Research
According to TechSci Research report on, “India Branded Sugar Market - By Region, Competition Forecast & Opportunities, FY2017 - FY2027”, India Branded Sugar market was valued over USD 727.36 Million in FY2021 and the market is anticipated to grow at impressive CAGR of 8.59% through FY2027. General opinion that branded sugar is more hygiene when compared with loose sugar sold in market, is contributing to the growing demand of branded sugar in India. Growing application of sugar in beverage preparation, increasing disposable income and aggressive strategies employed by sugar manufacturers are positively influencing the growth of the market.

In order to increase the consumer base, some companies are focusing on providing quick delivery services, especially in major metro cities. Companies such as JioMart, Grofers, etc., deliver the everyday-need consumer products within 2 hours of order received. The number of orders is increasing tremendously after these companies introduced this format. Moreover, in India, various companies are adopting hyperlocal business models, under which they are collaborating with local retailers in the respective areas.

Demand for sulphur-free sugar is on rise as it healthier and safer over its counterparts. Sulphur-free sugar is obtained by cleaning sugar with phosphoric acid and it is environmentally sustainable.  COVID-19 did not have major impact on the branded sugar market of the country however, demand for sugar increased as lockdown scenario gave birth to a concern towards packaged culture, which boosted branded sugar sales in India even more. On the supply side, sugar manufacturers were permitted to continue production with special emphasis on safety and hygiene. However, constraints related to deliveries of cane, packaging material, lime were there.

Browse over 24 market data Figures and 9 market Tables spread through 98 Pages and an in-depth TOC on "India Branded Sugar Market"

https://www.techsciresearch.com/report/india-branded-sugar-market/4164.html

The export opportunities for India have increased significantly over the last few years. Also, India is the most benefitted country in terms of exports, after Brazil got hit by adverse climatic conditions in August 2021, due to which the crop production declined. The global sugar market is facing a deficit due to low production in Brazil, and therefore, Indian sugar is in high demand.

Fears of lower supply have also pushed the sugar prices. The sugar-consuming countries have been heavily reliant on available stocks during the year to avoid paying high shipping and sugar values, adding that those stocks are currently at critically low levels. However, they are now shifting to India for the sugar supply.

For instance, Indian sugar has entered the Egyptian market recently, and at least 15,000 tonnes have been exported to Egypt in the past month by trading agencies. India’s S-30 white sugar with 100 ICUMSA (a norm for sugar standards globally) has been shipped to Cairo in 2021. These factors are anticipated to fuel the growth of the India branded sugar market.

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India branded sugar market is segmented based on type, distribution channel, regional distribution, and competitive landscape. Based on the type, market is further fragmented into White Crystal Sugar, Brown Sugar, Sugar Lite, Sachets- White & Brown Sugar and Others (Colored Sugar, Sugar Cubes, etc.). White crystal sugar led the market in FY2021 with market share of 76.19% and the segment is projected to continue dominance through FY2027 as it is the most common preferred sugar used in household applications.

Based on distribution channel, the market is segmented into general trade, modern trade and online. The e-commerce sales channel is expected to exhibit the fastest growth among the other distribution channels in the India branded sugar market. The segment is projected to grow with a CAGR of 9.52% in the forecast period. The online retail market offers attractive options to companies due to low operating costs. Moreover, the advent of online channels has allowed consumers to easily check out and compare a wide range of products on a single platform without having to spend a lot of time in stores.

Key market players operating in the branded sugar market of India include:

  • Shree Renuka Sugars Ltd
  • Dhampur Sugar Mills Ltd
  • Uttam Sugar Mills Limited (Uttam Sugar)
  • Triveni Engineering & Industries Ltd. (Shagun)
  • Simbhaoli Sugars Limited
  • E.I.D. - Parry (India) Limited
  • Mawana Foods Pvt. Ltd.
  • DCM Shriram Industries Ltd.
  • Dhanraj Sugars Private Limited
  • SNJ Group
  • Dwarikesh Sugar Industries Limited

Press Release: https://www.techsciresearch.com/news/6917-india-branded-sugar-market.html

“In order to increase brand recognition and establish a strong consumer franchise, the branded sugar market players are investing heavily in media, enhancing their advertising strategies to reach the consumer base and create awareness of branded sugar products among them. Moreover, the branded sugar companies are also focusing on launching campaigns in order to promote the benefits offered by branded sugar.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

India Branded Sugar Market By Type (White Crystal Sugar, Brown Sugar, Sugar Lite, Sachets- White & Brown Sugar and Others (Colored Sugar, Sugar Cubes, etc.)), By Distribution Channel (General Trade, Modern Trade, Online), By Region, Competition, Forecast & Opportunities, FY2017-FY2027 has evaluated the future growth potential of India Branded Sugar market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Branded Sugar market.

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India Liquid Soap Market By Product Type (Handwash, Facewash, Body Wash, Surface Cleaner, Others) By Packaging Type (Pouch, Bottle, Tube) By Nature (Organic, Synthetic) By Application (Household, Commercial {Hospitals, Malls, Offices, Restaurants, Others}) By Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Pharmaceutical Stores, Online Stores, Others) By Region, Competition Forecast & Opportunities, FY2027

https://www.techsciresearch.com/report/india-liquid-soap-market/7987.html

India Dairy Alternatives Market By Type (Milk, Butter, Yogurt, Cheese, Others (Ice Cream, Cream, Tofu, Smoothies, etc.)), By Formulation (Unsweetened and Sweetened), By Source (Soy, Coconut, Almond, Others (Rice, Oats, Hemp, Walnut, Hazelnut, Cashew, etc.)), By Distribution Channel (Grocery/Convenience Store, Supermarket/Hypermarket, Online, Others (Specialty Stores, Pharmacies, Direct Sales, etc.)), By Region, Competition, Forecast & Opportunities, FY2017-FY2027

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Wednesday, 23 March 2022

United States Liquid Biopsy Market to be Dominated by Multi-Gene Parallel Analysis Technology till 2027 | TechSci Research

High spending on novel diagnostics technology and Increased focus on early cancer screening are driving the demand for United States liquid biopsy Market in the forecast period, 2023-2027.

United States Liquid Biopsy Market - TechSci Research
According to TechSci Research report, United States Liquid Biopsy Market By Product & Services (Assay Kits, Instruments, Services), By Circulating Biomarker (Circulating Tumor Cells, Circulating Tumor DNA (ctDNA), Cell-free DNA (cfDNA), Others), By Technology (Multi-gene Parallel Analysis using NGS v/s Single-gene Analysis using PCR Microarrays), By Application (Cancer v/s Non-Cancer), By End User (Hospitals & Clinics, Reference Laboratories, Others), By Region, Competition Forecast & Opportunities, 2027, the United States liquid biopsy market is expected to grow at an impressive rate during the forecast period, 2023-2027. The adoption of liquid biopsy to tissue biopsy in cancer patients due to its advanced nature featuring fast turnaround time and feasibility and the ability to early cancer screening fuel the demand for liquid biopsies in the United States.

The rise in patient preference for non-invasive treatment procedures and surge in the number of cancer patients are the key driving factors influencing the United States liquid biopsy market in the forecast period. However, the lower sensitivity of some liquid biopsies may restrain the United States liquid biopsy market growth in the forecast period.

Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "United States Liquid Biopsy Market"

https://www.techsciresearch.com/report/united-states-liquid-biopsy-market/8274.html

The United States liquid biopsy market is segmented into product & services, circulating biomarker, technology, application, end user, regional distribution, and company.

On the basis of the product & services, the United States liquid biopsy market is divided into assay kits, instruments, services. Assay kits are expected to hold the largest market share in the forecast period. The possibility for repeated sampling for liquid biopsy and the ease and affordability is driving the demand for assay kits in the forecast period.

On the basis of the circulating biomarker, the United States liquid biopsy market is divided into circulating tumor cells, circulating tumor DNA (ctDNA), cell-free DNA (cfDNA), and others. Circulating tumor cells accounted for the largest revenue share and are expected to maintain their dominance throughout the forecast period, 2023-2027.

The increasing prevalence of cancer and the advent of ctDNA-based liquid biopsy analysis, which can determine prognosis tumor progression, is driving the market demand. The detection of ctDNA, a potential biomarker for cancer, and the growing demand for non-invasive treatment procedures are bolstering the demand for circulating tumor cells.

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On the basis of the technology, the United States liquid biopsy market is divided into multi-gene parallel analysis using NGS and single-gene analysis using PCR microarrays. Multi-gene parallel analysis using NGS technology is expected to hold the largest market share in the forecast period, 2023-2027.

This technology is highly advanced and can detect several kinds of mutations responsible for tumors, unknown variants, ctDNA mutation detection, and resistive mechanism. Rapid advancements in NGS technology to reduce cost and attain higher accuracy are expected to create lucrative opportunities for the United States liquid biopsy market in the forecast period.

On the basis of the application, the United States liquid biopsy market is divided into cancer and non-cancer. Cancer is expected to account for the largest market share in the forecast period due to the high prevalence of cancer and high-end investments in research to study the implication of liquid biopsy in cancer treatment. These are the key factors influencing the market growth in the forecast period.

On the basis of end user, the United States liquid biopsy market is divided into hospitals & clinics, reference laboratories, and others. Reference laboratories are expected to witness significant growth opportunities in the forecast period. The surge in outsourcing liquid biopsy tests in reference laboratories due to inadequate infrastructure is driving the demand for liquid biopsies in reference laboratories.

Press Release: https://www.techsciresearch.com/news/6909-united-states-liquid-biopsy-market.html

“The availability of a well-developed healthcare system, advanced clinical laboratories, and high demand for advanced instruments and technologies to ease convenience and effectiveness of treatment is driving the demand for the United States liquid biopsy market. The surge in demand for tumor treatment and precision diagnosis and the use of liquid biopsy has opened numerous possibilities for the effective treatment of cancer which is expected to bolster market growth for the forecast period. Also, the growing awareness among patients about the benefits of availing personalized treatment based on drug effect and resistance and the rise in the allocation of funds by the government to upgrade existing healthcare infrastructure is expected to propel the United States liquid biopsy market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

United States Liquid Biopsy Market By Product & Services (Assay Kits, Instruments, Services), By Circulating Biomarker (Circulating Tumor Cells, Circulating Tumor DNA (ctDNA), Cell-free DNA (cfDNA), Others), By Technology (Multi-gene Parallel Analysis using NGS v/s Single-gene Analysis using PCR Microarrays), By Application (Cancer v/s Non-Cancer), By End User (Hospitals & Clinics, Reference Laboratories, Others), By Region, Competition Forecast &  Opportunities, 2027”, has evaluated the future growth potential of United States liquid biopsy market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United States liquid biopsy market.

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Global Cancer Biopsy Market By Product (Instruments, Kits and Consumables, Services), By Type of Biopsy (Tissue Biopsies (Needle and Surgical Biopsies), Liquid Biopsies, Others), By Application (Breast Cancer, Colorectal Cancer, Lung Cancer, Prostate Cancer, Pancreatic Cancer, Ovarian Cancer, Others), By End User (Reference Laboratories, Hospitals and Physician Laboratories, Academic and Research Centers), By Region, Competition Forecast & Opportunities, 2027

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United States Diagnostic Imaging Market By Type (X-Ray Imaging Solutions, Ultrasound Systems, MRI Systems, CT Scanners, Nuclear Imaging Solutions, Mammography, Others), By Mobility (Portable v/s Standalone), By Application (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, Others), By End Users (Hospitals & Clinics, Diagnostic Centers, Ambulatory Care Centers, Others), By Region, Forecast & Opportunities, 2027

https://www.techsciresearch.com/report/united-states-diagnostic-imaging-market/4948.html

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Cell Therapy Manufacturing Market to Grow at a Steady CAGR of 12.0% During the Forecast Period | TechSci Research

Consistent research and studies are driving the growth in Global Cell therapy manufacturing Market in the forecast period, 2022-2026.

Cell Therapy Manufacturing Market - TechSci Research
According to TechSci Research report, Cell Therapy Manufacturing Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2026”, the global Cell Therapy Manufacturing market stood at USD3123.44 million in 2020 and is expected to grow at a steady CAGR of 12.00% during the forecast period on account of consistent research and studies related to cell therapies.

Cell therapy is a biotechnological procedure where viable cells are injected, grafted, or implanted into the human body that requires it as a part of a medical treatment. Major example can be understood using T-cells for the treatment of cancerous cells in the patient. The growing prevalence of various chronic diseases such as cancer, diabetes, and cardiovascular diseases has significantly increased the patient pool worldwide suffering from these diseases.

This in turn has significantly increased the demand for cell therapy manufacturing to find new treatments for the severe diseases. The expansion of the biopharmaceutical companies and biotechnological institutes is also supporting the growth of the global cell therapy manufacturing market in the upcoming five years.

Browse over 199 market data Figures and 4 market data Tables spread through 329 Pages and an in-depth TOC on "Global Cell Therapy Manufacturing Market"

https://www.techsciresearch.com/report/cell-therapy-manufacturing-market/7729.html

Due to the sudden outbreak of COVID-19 pandemic, there has been a rapid increase in research and development of cell-based vaccines for the treatment of COVID-19. The presence of government and commercial funding agencies that are continually issuing grants to support projects at various phases of clinical trials can be ascribed to the growing number of ongoing clinical studies.

Apart of that, high cost of cellular therapies, dearth of skilled healthcare professionals, large scale manufacturing, stringent regulatory policies, and lack of awareness are some of the major factors that are inhibiting the growth of Cell Therapy Manufacturing Market.

The global Cell Therapy Manufacturing market is segmented based on therapy, source of cell, scale of operation, source, application, end user, company, and regional distribution. Based on therapy, the market is segmented into T-Cell Therapies, Dendritic Cell Therapies, Tumor Cell Therapies, Stem Cell Therapies. Stem cell therapies is anticipated to hold the largest share of the market and dominate the segment in the next five years on account of rising research and development in the area.

Stem cells therapy is utilized for the cure of various chronic diseases and the consistent efforts to provide the best available treatment to the patients. Based on Source of Cell, the market is divided into Autologous and Allogenic. In terms of Scale of Operation, the market can be categorized into Preclinical, Clinical and Commercial. By Source, the market is fragmented into In-House Manufacturing and Contract Manufacturing.

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Based on application, the market can be fragmented into Oncology, Cardiovascular Diseases, Orthopedic Diseases and Others. Oncology is expected to generate the maximum revenue shares in the market and assert its dominance over the market on the account of increasing research and studies in the field of oncology.

Moreover, the number of cases where the patient is suffering due to cancer or different type of cancers is also multiplying globally. Cell therapy is one of the most incorporated procedures for understanding the growth of cancerous cells and to overcome the cancer-causing cells in the body. The method is actively utilized and is thus aiding in the growth of the application.

Based on end user, the market can be segmented into Pharmaceutical & Biotechnology Companies, Academic & Research Institutes and Others.

Key market players in the global cell therapy Manufacturing market include:

  • Novartis AG
  • F. Hoffmann-La Roche AG
  • Gilead Sciences, Inc.
  • Thermo Fischer Scientific, Inc.
  • Catalent, Inc.
  • JSR Life Sciences LLC (KBI Biopharma Inc)

Global Cell Therapy Manufacturing market is consolidated with a lot of well-established players having presence in several countries: with several domestic players possessing leadership in certain regions and countries, among others. Novartis AG holds the highest market share and is among the top five market players globally. F. Hoffmann La Roche AG ranks second in terms of market share in the overall cell therapy manufacturing market.

The company has a strong presence worldwide and a huge brand value. People in emerging countries are also aware of the presence, product portfolio and business of the company and are preferring it over other competitor brands.

Additionally, there are other prominent players such as Gilead Sciences, Inc., Thermo Fischer Scientific, Inc., Catalent, Inc., JSR Life Sciences LLC (KBI Biopharma Inc), Waisman Center (Waisman Biomanufacturing), Cell and Gene Therapy Catapult, Merck KGaA, Lonza Group and others, which are holding a significant position in the global Cell Therapy Manufacturing market.

Press Release: https://www.techsciresearch.com/news/6730-cell-therapy-manufacturing-market.html

“The Asia Pacific region will register the fastest CAGR during the forecast period. This can be attributed to the large and growing prevalence of chronic diseases such as Cancer, Cardiovascular Diseases, Diabetes, and others in the region especially in countries like China, India, and Japan. Additionally, supportive government policies and healthcare schemes launched by them across different countries in the region is expected to support market growth. For instance, in 2019, the Australian government announced an USD57 million investment into the manufacturing of CAR-T at the Peter MacCallum Cancer Center, ensuring that all stages of the CAR-T pathway are able to remain in Australia.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Global management consulting firm.

Global Cell Therapy Manufacturing Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2026 Segmented By Therapy (T-Cell Therapies, Dendritic Cell Therapies, Tumor Cell Therapies, Stem Cell Therapies), By Source of Cell (Autologous v/s Allogenic)By Scale of Operation (Preclinical, Clinical, Commercial), By Source (In-House v/s Contract Manufacturing)By Application (Oncology, Cardiovascular Diseases, Orthopedic Diseases, Others), By End User (Pharmaceutical & Biotechnology Companies, Academic & Research Institutes, Others), By Company  and By Region, has evaluated the future growth potential of global Cell Therapy Manufacturing Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global Cell Therapy Manufacturing market.

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Global Cholesterol Testing Market by Indication (Atherosclerosis, Diabetes, Obesity, Others), By Product (Test Strips, Test Kits), By End-Product (Total cholesterol, High-density lipoprotein cholesterol, Low-density lipoprotein cholesterol, Triglycerides), By Test (Lipid Panel Test, Apolipoprotein B Test, Others), By Age (Before Puberty, Puberty, Adulthood), By End-User (Hospitals & Clinics, Homecare, Others), By Region, Forecast & Opportunities, 2025

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Monday, 21 March 2022

United States Pre-Exposure Prophylaxis Market to Grow with an Impressive CAGR until 2026 | TechSci Research

Increasing awareness about HIV/AIDS is driving the growth of United States Pre-Exposure Prophylaxis (PrEP) Market, in the forecast period, 2022-2026.

United States Pre-Exposure Prophylaxis Market - TechSci Research
According to TechSci report on, “United States Pre-Exposure Prophylaxis (PrEP) Market By Drug Type (Truvada v/s Descovy), By Route of Administration (Oral v/s Topical), By Region, Competition Forecast & Opportunities, 2026, United States pre-exposure prophylaxis (PrEP) market has shown promising growth in historical years until 2020 and is expected to continue its growth in upcoming forecast years 2021 to 2026. The United States pre-exposure prophylaxis (PrEP) market owes its growth to the factors like growing awareness about precaution against HIV viral infection and preventive therapeutics.

The surging demand for the effective precautionary methods or therapeutic products like PrEP drugs for the patients under the risk of contracting HIV infection in future is driving the growth of the United States pre-exposure prophylaxis (PrEP) market in the upcoming five years.

Also, rapidly increasing instances of HIV among the MSM population of the country have scared the population and the government of the country to a large extent thus the population is inclined toward regular checkups and diagnostic tests that can help in deciding the population for the preventive treatment thus supporting the growth of the United States pre-exposure prophylaxis (PrEP) market in the next five years.

Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "United States Pre-exposure prophylaxis (PrEP) Market"

https://www.techsciresearch.com/report/united-states-pre-exposure-prophylaxis-market/8124.html

Additionally, increasing MSM population of the country is further substantiating the growth of the United States pre-exposure prophylaxis (PrEP) market in the future five years. The MSM population is highly susceptible to HIV infectious diseases and are supporting the market growth in the future. Private fundings, and governmental aids with favorable schemes are supporting the robust growth of the United States pre-exposure prophylaxis (PrEP) market in the forecast period.

The United States pre-exposure prophylaxis (PrEP) market segmentation is based on drug type, route of administration, competitional landscape, and regional distribution. Based on drug type, the market is further bifurcated into Truvada and Descovy. Truvada is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the account of its high adoption and increased demand since the drug is marketed since early 2019.

Also, higher efficiency and reduced risk of acquiring HIV/AIDS infection comparatively is anticipated to support the growth of the Descovy drug type and thus support the growth of the United States pre-exposure prophylaxis (PrEP) market in the next five years. Truvada is a combination of two drugs, tenofovir disoproxil and emtricitabine. Truvada is a fixed dose of combination of antiretroviral medication that has proven effect on the treatment and prevention of HIV virus.

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The drug is administered along with the recommendation of following safer sex practices thus increasing awareness among the population. Tenofovir alafenamide is available in the market under the brand name of Descovy. It is a Hepatitis B virus inhibitor that also acts against HIV viral infection.

On the basis of route of administration, the market segments are defined as oral, and topical. Oral administration of the drugs in anticipated to hold the largest revenue shares of the market and dominate the market segment in the next five years on the account of availability of the drug in pill form.

Also, oral administration is more convenient for daily/ regular administration. Maintaining the dosage is also favorable for oral route of administration and thus supports the growth of the sub-segment and drives the growth of the United States pre-exposure prophylaxis (PrEP) market in the upcoming five years.

A partial list of major market players of the United States pre-exposure prophylaxis (PrEP) market includes:

  • Gilead Sciences, Inc.
  • Teva Pharmaceuticals USA, Inc.
  • Merck & Co., Inc.
  • Cipla Inc
  • Bristol-Myers Squibb Company
  • Genentech, Inc

These market players along with new market entrants, are focused on extensive research and bringing innovative and advanced products. Technologically advanced manufacturing of the pharmaceutical products and therapeutic processes would aid in decreasing the cost of the production and aid the players in managing their investments. Moreover, initiatives from the government and private fundings would support the United States pre-exposure prophylaxis (PrEP) market growth indirectly.

Press Release: https://www.techsciresearch.com/news/6705-united-states-pre-exposure-prophylaxis-market.html

“Young population in the United States is getting highly aware of the increasing instances of HIV virus and their awareness is boosting the growth of the United States pre-exposure prophylaxis (PrEP) market in the upcoming five years. Increasing research and innovative therapeutic product development is further driving the growth of the United States pre-exposure prophylaxis (PrEP) market in the future five years. Through researched studies and surveys authoritative bodies are creating awareness among black and Hispanic population about them being more susceptible to HIV infection and further aiding the market growth in next five years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

United States Pre-Exposure Prophylaxis (PrEP) Market By Drug Type (Truvada v/s Descovy), By Route of Administration (Oral v/s Topical), By Region, Competition Forecast & Opportunities, 2026 has evaluated the future growth potential of United States pre-exposure prophylaxis (PrEP) market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United States pre-exposure prophylaxis (PrEP) market.

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