Tuesday, March 31, 2020

New FMI Report Explores Impact of COVID-19 Outbreak on Network Tester Market

Network Tester Market is likely to witness more than 12.5% Y-o-Y in 2019, after registering the global revenue roughly equating US$ 7 billion in 2018, according to a study of Future Market Insights (FMI). In the light of a promising landscape emerging for 5G network, the demand for network tester is likely to gain more prominence among telecom operators.
The study opines that although a majority of network tester sales are concentrated toward qualification and certification testing requirements, network tester will witness spectacular growth in adoption for troubleshooting applications.
The report points to a few strong push factors associated with the expansion of network tester market –
  • Increasing criticality of seamless, faster network connectivity across both business and government operations 
  • Widening expanse of the enterprise network infrastructure 
  • Significant reliance of datacom, telecom, and fiber optic network operators 
  • Elevating fiber to the home (FTTH) service deployment 
  • High potential opportunities residing in upcoming next-generation technologies such as VoLTE, and Li-Fi, besides 5G 
  • Brisk adoption of 4G LTE is prominently boosting network tester demand in Europe
Soaring installed base of FFTx (fiber to the X) mostly in form of FFTH (home), FFTP (remises), and FFTB (building) is cited as an important factor encouraging adoption of network tester, which is compelling leading manufacturers of network testers to invest efforts in R&D of low-cost, high-quality products. In line of the visibly growing demand for portable network tester, manufacturers are focusing on introducing high-performance, high-efficiency products in network tester market.
Sales of fluke network tester accounted for the revenue of around US$ 3 billion in 2018, followed by ideal network tester. Accounting for over 45% share in the total revenue of network tester market, qualification testing applications fuel maximum sales of network tester. Popularly sought after qualification testers such as CableQ Qualification Tester that efficiently address cabling bandwidth issues within shorter time spans are further promising functionality of network testers for applications in qualification testing.
While certification testing remains the second most popular application of network testers, the report clearly prompts at drastically growing adoption rate of network tester for troubleshooting that will possibly pose a break-neck competition to qualification testing network testers in the long run.
Certifications Gathering Attention from Network Tester Vendors
The report suggests that the tightening regulatory standards governing quality and performance of network testers such as International Organization for Standardization (ISO), Telecommunications Industry Association (TIA), and Institute of Electrical and Electronics Engineers (IEEE) among others will continue to pose a strong influence on network tester market growth. Some of these network testing parameters also play a decisive role in pricing of network tester, thereby shaping the overall scenario of network tester market.
In an effort to stay competitive in global competition landscape of network tester market, companies are focusing on introducing innovative products. Certifications are gaining increasing importance among regional players, says the report.
  • The US-based Fluke Networks recently announced launch of a new cable analyzer adapter for Versiv DSX-8000 that allows certification, following testing of the compliance of their ARJ45 and TERA system with ISO 11801. 
  • Based in Singapore, AEM also announced the ETL certification of their TestPro Multifunction Cable Network Tester that specifically tests Intertek's category 8 cabling system. Post receiving the CAT 6A certification, TestPro has recently become the fastest-ever network tester for cable network in the global market. 
  • To facilitate transmission and troubleshooting testing, IDEAL Networks recently announced the addition of touchscreens to their selective range of network testers.
Browse More Testing Equipment Market Insights
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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.
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3D Cell Culture Market to Witness Sales Slump in Near Term Due to COVID-19; Long-term Outlook Remains Positive

The 3D cell culture market revenues surpassed US$ 778 million in 2018, as per a new FMI study. The market is estimated to grow at 7.8% y-o-y in 2019; key factors responsible for the projected market growth include,
  • A steady rise in global research and development expenditure 
  • Efforts to leverage the potential of 3D cell culture to replace animal model testing 
  • Increasing demand for biosimilar products 
  • Extensive application of stem cell research and a growing emphasis on regenerative medicine
"While 2D cell culture revolutionized the research efforts in stem cells, tissue engineering and molecular biology, 3D cell culture has pushed the boundaries of traditional 2D cell culture technique with functional superiority. As the R&D efforts continue to rise in a bid to investigate the cause of different diseases and improve human health, 3D cell culture is set to remain a highly sought-after technique in the coming years," says FMI.
The FMI study finds that scaffold-based 3D cell culture techniques are highly preferred over scaffold free 3D cell culture. Owing to a significant adoption of scaffold-based 3D cell culture, study finds that this techniques garnered over 81% of the global market revenues.
Scaffold based 3D cell culture techniques deliver researchers with additional functional operations in terms of material – natural or synthetic and different mechanical properties.    
The technique uses either hydrogel-based support or polymeric hard material based support. Both types of supports find equivalent penetration in terms of application, however revenues garnered from polymeric hard material based support are higher.
According to the study, revenues of polymeric hard material based support held over half the scaffold-based 3D cell culture technique revenues in 2018 and the trend is expected to continue in the future.
Application of 3D Cell Culture in Cancer Research Prominent
The FMI study estimates that 3D cell culture application in cancer research accounted for over 31% of the 3D cell culture market revenues in 2018. Cell culture is an integral part of cancer drug discovery practices. Greater strides are underway in the field to precisely characterize the diseases and develop advanced tumor cell lines using 3D cell culture techniques.
2D culture lines are considered as a standard for in vitro pre-clinical cancer treatment screening. However, more recently, the field is turning to 3D cell culture techniques to implement an ideal experimental model that mimics the human body environment to its best.
Stem cell technology is another lucrative field for 3D cell culture market. According to the FMI study, application in stem cell technology accounted for over one-fourth of the 3D cell culture market revenues in 2018. While 2D cell culture posed challenges of scalability in stem cell technology, apart from few challenges, 3D cell culture has provided greater density and multi-fold expansion of the culture system in stem cell technology. Other fields that utilize 3D cell culture techniques are tissue regeneration, regenerative medicine and drug discovery.
Biotechnology and Pharmaceutical Industries - Prominent End-Users
The study reveals that the biotechnology and pharmaceutical industries were accounted for over one-fifth of the global 3D cell culture market revenues in 2018. Buoyancy in the biotechnology and pharmaceutical industries can be profitable for the 3D cell culture market in the coming years and over 9% growth is projected in 2019 over 2019.
Academic research institutes are the second prominent end-users of 3D cell cultures wherein they accounted for over one-fourth of the global 3d cell culture revenues in 2018. Government funding in cancer research projects carried out at academic institutes and organizations has increased significantly, thereby supporting the investments in advanced technologies including 3D cell culture techniques.
Revenues in North America Continue to Surge
North America continued to spearhead the revenues of 3D cell culture market during the historical period and the status-quo is likely to continue in the future. In 2018, North America accounted for over two-fifth of the global 3D cell culture market revenues. The study estimates that regional revenues are expected to grow at 8% in 2019 over 2018.
Funding in research and development, especially in cancer research remains higher in the United States as compared to other developed countries. Europe also presents significant funding in R&D activities. The FMI study finds that over one-fourth of the 3D cell culture market revenues were accounted for the Europe region in 2018, of which a bulk of revenues come from Western European countries such as Germany, the UK, France, Italy and Spain.
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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.
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New FMI Report Explores Impact of COVID-19 Outbreak on Two Wheeler Lead Acid Batteries Market

Consumers are favoring two wheelers to avoid traffic congestion and minimize commute time. FMI's latest study on the global two wheeler lead acid batteries market projects the revenue pool of market to expand 1.8X through the forecast period (2019-2019).
"Valve regulated lead acid (VRLA) battery is gaining widespread adoption as compared to traditional flooded batteries. Reliability and operational safety are highly preferred attributes amongst manufacturers and consumers alike. Original Equipment Manufacturers (OEMs) continue to be leading end-use segment," says the FMI analyst.
Key Takeaways of Two Wheeler Lead Acid Batteries Market Study
  • Demand for batteries above 20 AH capacity to remain heightened through 2029.
  • Adoption of two wheeler lead acid batteries is prominent in scooters.
  • Manufacturers will continue to prefer VRLA batteries during the course of forecast period.
  • Sales of two wheeler lead acid batteries to surge through aftermarket channel.
  • Emerging Asian economies to remain the centre of remunerative opportunities through the projection period.
Two Wheeler Lead Acid Batteries Market - Key Growth Factors
  • Extensive production of two wheelers in developing countries is favoring the market growth.
  • Proliferation of market players in emerging economies is providing a thrust to market growth.
  • Recreational activities by millennial population are accelerating the production of two wheelers.
  • Micro-mobility trend will further escalate the demand for two wheeler lead acid batteries through 2029.
Two Wheeler Lead Acid Batteries Market - Key Restraints
  • Inflation of gasoline cost is projected to limit the market growth of I.C engines.
  • Gaining significant share in market is challenging for industry players on account of fragmented competitive landscape.
Competitive Landscape
The global two wheeler lead acid batteries market is fragmented in nature. Prominent companies featured in this FMI report include, but are not limited to, Exide Industries Ltd., GS Yuasa Corporation, Leoch International Technology Limited Inc., Banner Batteries, Chaowei Power Holdings Limited, Tianneng Power International Limited, Robert Bosch GmbH, and Camel Group Co. Premier manufacturers are gradually transitioning to electric vehicles from traditional internal combustion engines. Hence, research and development will be a key differentiating factor for market leaders during the forecast period.
More about the Report
This Future Market Insights study of 293 pages provides all-inclusive insights on the global two wheeler lead acid batteries market. The market analysis is based on capacity (less than 5AH, 5 AH to 10 AH, 10 AH to 20 AH, above 20 AH), technology (I.C. engine, electric), two wheeler (motorcycles, scooters), battery type (VRLA batteries, flooded), sales channel (OEMs, aftermarket) across six regions (North America, Latin America, Europe, South Asia Pacific, East Asia, Middle East & Africa).
Explore Extensive Coverage of FMI's Automotive & Transportation Landscape
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.
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Varactor Diode Marketto Witness a Pronounce Growth During 2017– 2027

The market report envelopes an all-in information of the global  Varactor Diode market and the nature of the market growth over the foreseeable period. The report provides a comprehensive elaboration of the positives and negatives of the global  Varactor Diode market with DROT and Porter’s Five Forces analysis. With SWOT analysis, the report offers detailed insights about different players operating within the   Varactor Diode market. In addition, the analysts of the report have served thequalitative and quantitative scrutinizing of different micro- and macro-economic factors influencing the global   Varactor Diode market.
The COVID -19 pandemic has put forth a demanding situation for players in  Varactor Diode market. The widespread of the pandemic and the humanitarian toll taken by it is making it challenging for market players to respond. This research study provides insights backed by our assessment of earlier emergencies and market expertise.However, the pandemic is spreading rapidly, and some of the information in this study may become outdated. 
Key segments covered in the global  Varactor Diode market report by product type include
  • 5 V- 30 V
  • 31V - 65V
  • 65 V & Above
The  Varactor Diode market report examines the consumption patter of each segment and the factors affecting the pattern. In addition, the report focuses on the production footprint of each segment in various industries and regions across the globe.
By end-use, the global  Varactor Diode market consists of the following:
  • Defence, Aeronautics and Marine
  • Satellite Communication
  • Mobile Devices
  • DVD Recorders
 The  Varactor Diode market report helps the readers grasp the changing trend in the industry supply chain, manufacturing techniques and expenses, and current scenario of the end uses in the global Varactor Diode market.
All the players running in theglobal  Varactor Diode market are elaborated thoroughly in the   Varactor Diode market report on the basis of proprietary technologies, distribution channels, industrial penetration, manufacturing processes, and revenue. In addition, the report examines R&D developments, legal policies, and strategies defining the competitiveness of the  Varactor Diode market players.
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The  Varactor Diode market analyses the following important regions:
  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Middle East and Africa
  • Japan
 The  Varactor Diode market report answers the following queries:
  1. Why consumers are highly inclined towards the consumption of segment in the  Varactor Diode market?
  2. What are the opportunities available for players operating in the global  Varactor Diode market?
  3. Which trends have the maximum impact on the growth of the global Varactor Diode market?
  4. Why region leads the global  Varactor Diode market?
  5. What are the drivers and restraints affecting the market size of the global  Varactor Diode market?
What the report encloses for the readers:
  • Critical insights of each segment, including volume growth outlook, and demand & supply pattern.
  • A to Z of each player –positives & negatives, current status, future developments – of the global  Varactor Diode market.
  • Detailed information regarding the trends influencing the growth of the global  Varactor Diode market.
  • In-depth assessment on the utilization of  Varactor Diode in each end use industry.
  • Historical data and future growth outlook of the global  Varactor Diode market.
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Specialty Food Ingredients Market to Witness a Pronounce Growth During 2017– 2022

The market report envelopes an all-in information of the global  Specialty Food Ingredients market and the nature of the market growth over the foreseeable period. The report provides a comprehensive elaboration of the positives and negatives of the global  Specialty Food Ingredients market with DROT and Porter’s Five Forces analysis. With SWOT analysis, the report offers detailed insights about different players operating within the  Specialty Food Ingredients market. In addition, the analysts of the report have served thequalitative and quantitative scrutinizing of different micro- and macro-economic factors influencing the global  Specialty Food Ingredients market.
The COVID -19 pandemic has put forth a demanding situation for players in  Specialty Food Ingredients market. The widespread of the pandemic and the humanitarian toll taken by it is making it challenging for market players to respond. This research study provides insights backed by our assessment of earlier emergencies and market expertise.However, the pandemic is spreading rapidly, and some of the information in this study may become outdated. 
Key segments covered in the global  Specialty Food Ingredients market report by product type include
  •  Enzymes
  • Emulsifiers
  • Flavors
  • Colorants
The  Specialty Food Ingredients market report examines the consumption patter of each segment and the factors affecting the pattern. In addition, the report focuses on the production footprint of each segment in various industries and regions across the globe.
By end-use, the global  Specialty Food Ingredients market consists of the following:
  • Bakery & Confectioneries
  • Beverages
  • Dairy & Frozen Foods
  • Convenience Food
 The   Specialty Food Ingredients market report helps the readers grasp the changing trend in the industry supply chain, manufacturing techniques and expenses, and current scenario of the end uses in the global Specialty Food Ingredients market.
All the players running in theglobal   Specialty Food Ingredients market are elaborated thoroughly in the  Specialty Food Ingredients market report on the basis of proprietary technologies, distribution channels, industrial penetration, manufacturing processes, and revenue. In addition, the report examines R&D developments, legal policies, and strategies defining the competitiveness of the  Specialty Food Ingredients market players.
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The   Specialty Food Ingredients market analyses the following important regions:
  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Middle East and Africa
  • Japan
 The   Specialty Food Ingredients market report answers the following queries:
  1. Why consumers are highly inclined towards the consumption of segment in the  Specialty Food Ingredients market?
  2. What are the opportunities available for players operating in the global  Specialty Food Ingredients market?
  3. Which trends have the maximum impact on the growth of the global Specialty Food Ingredients market?
  4. Why region leads the global  Specialty Food Ingredients market?
  5. What are the drivers and restraints affecting the market size of the global  Specialty Food Ingredients market?
What the report encloses for the readers:
  • Critical insights of each segment, including volume growth outlook, and demand & supply pattern.
  • A to Z of each player –positives & negatives, current status, future developments – of the global  Specialty Food Ingredients market.
  • Detailed information regarding the trends influencing the growth of the global  Specialty Food Ingredients market.
  • In-depth assessment on the utilization of  Specialty Food Ingredients in each end use industry.
  • Historical data and future growth outlook of the global   Specialty Food Ingredients market.
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Optical Coherence Tomography Equipment Market to Witness a Pronounce Growth During 2017– 2027

The market report envelopes an all-in information of the global  Optical Coherence Tomography Equipment market and the nature of the market growth over the foreseeable period. The report provides a comprehensive elaboration of the positives and negatives of the global  Optical Coherence Tomography Equipment market with DROT and Porter’s Five Forces analysis. With SWOT analysis, the report offers detailed insights about different players operating within the  Optical Coherence Tomography Equipment market. In addition, the analysts of the report have served thequalitative and quantitative scrutinizing of different micro- and macro-economic factors influencing the global   Optical Coherence Tomography Equipment market.
The COVID -19 pandemic has put forth a demanding situation for players in  Optical Coherence Tomography Equipment market. The widespread of the pandemic and the humanitarian toll taken by it is making it challenging for market players to respond. This research study provides insights backed by our assessment of earlier emergencies and market expertise.However, the pandemic is spreading rapidly, and some of the information in this study may become outdated. 
Key segments covered in the global  Optical Coherence Tomography Equipment market report by product type include
  • Spectral Domain-OCT
  • Swept Source-OCT
  • Others
 The   Optical Coherence Tomography Equipment market report examines the consumption patter of each segment and the factors affecting the pattern. In addition, the report focuses on the production footprint of each segment in various industries and regions across the globe.
By end-use, the global  Optical Coherence Tomography Equipment market consists of the following:
  • Hospitals
  • Ophthalmology Clinics
  • Dermatology Clinics
  • Dental Clinics
  • Ambulatory Surgical Centres
  • Others
 The   Optical Coherence Tomography Equipment market report helps the readers grasp the changing trend in the industry supply chain, manufacturing techniques and expenses, and current scenario of the end uses in the global Optical Coherence Tomography Equipment market.
Prominent players covered in the global  Optical Coherence Tomography Equipment market contain
  • Optovue Inc.
  • Carl Zeiss Meditec AG
  • Santec Corporation
  • Heidelberg Engineering GmbH
  • OPTOPOL Technology Sp. z o.o. (Sub. Canon Inc.) 
All the players running in theglobal  Optical Coherence Tomography Equipment market are elaborated thoroughly in the  Optical Coherence Tomography Equipment market report on the basis of proprietary technologies, distribution channels, industrial penetration, manufacturing processes, and revenue. In addition, the report examines R&D developments, legal policies, and strategies defining the competitiveness of the  Optical Coherence Tomography Equipment market players.
 Reports at discounted rates exclusively for new entrants!!!Offer end by midnight!!!
The   Optical Coherence Tomography Equipment market analyses the following important regions:
  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Middle East and Africa
  • Japan
 The   Optical Coherence Tomography Equipment market report answers the following queries:
  1. Why consumers are highly inclined towards the consumption of segment in the  Optical Coherence Tomography Equipment market?
  2. What are the opportunities available for players operating in the global  Optical Coherence Tomography Equipment market?
  3. Which trends have the maximum impact on the growth of the global Optical Coherence Tomography Equipment market?
  4. Why region leads the global  Optical Coherence Tomography Equipment market?
  5. What are the drivers and restraints affecting the market size of the global  Optical Coherence Tomography Equipment market?
What the report encloses for the readers:
  • Critical insights of each segment, including volume growth outlook, and demand & supply pattern.
  • A to Z of each player –positives & negatives, current status, future developments – of the global  Optical Coherence Tomography Equipment market.
  • Detailed information regarding the trends influencing the growth of the global  Optical Coherence Tomography Equipment market.
  • In-depth assessment on the utilization of  Optical Coherence Tomography Equipment in each end use industry.
  • Historical data and future growth outlook of the global   Optical Coherence Tomography Equipment market.
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Polymer Concrete Market to Witness a Pronounce Growth During 2017– 2027

The market report envelopes an all-in information of the global  Polymer Concrete market and the nature of the market growth over the foreseeable period. The report provides a comprehensive elaboration of the positives and negatives of the global  Polymer Concrete market with DROT and Porter’s Five Forces analysis. With SWOT analysis, the report offers detailed insights about different players operating within the  Polymer Concrete market. In addition, the analysts of the report have served thequalitative and quantitative scrutinizing of different micro- and macro-economic factors influencing the global  Polymer Concrete market.
The COVID -19 pandemic has put forth a demanding situation for players in  Polymer Concrete market. The widespread of the pandemic and the humanitarian toll taken by it is making it challenging for market players to respond. This research study provides insights backed by our assessment of earlier emergencies and market expertise.However, the pandemic is spreading rapidly, and some of the information in this study may become outdated. 
Key segments covered in the global  Polymer Concrete market report by product type include
  • Polyester
  • Vinyl Ester
  • Epoxy Based
  • Others
 The   Polymer Concrete market report examines the consumption patter of each segment and the factors affecting the pattern. In addition, the report focuses on the production footprint of each segment in various industries and regions across the globe.
By end-use, the global  Polymer Concrete market consists of the following:
  • Energy & Utilities
  • Pulp & Paper
  • Chemicals
  • Metallurgy
  • Food Processing
  • Automotive
  • Other Industrial
 The   Polymer Concrete market report helps the readers grasp the changing trend in the industry supply chain, manufacturing techniques and expenses, and current scenario of the end uses in the global Polymer Concrete market.
Prominent players covered in the global  Polymer Concrete market contain
  • Kwik Bond Polymers LLC
  • Sauereisen Inc.
  • Hubbell Power Systems Inc.
  • Forte Composites, Inc.
  • Ulma - Architectural Solutions
  •  Sandmix Sp. z o.o. S.K.
All the players running in theglobal  Polymer Concrete market are elaborated thoroughly in the  Polymer Concrete market report on the basis of proprietary technologies, distribution channels, industrial penetration, manufacturing processes, and revenue. In addition, the report examines R&D developments, legal policies, and strategies defining the competitiveness of the  Polymer Concrete market players.
Reports at discounted rates exclusively for new entrants!!!Offer end by midnight!!!
The   Polymer Concrete market analyses the following important regions:
  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Middle East and Africa
  • Japan
 The   Polymer Concrete market report answers the following queries:
  1. Why consumers are highly inclined towards the consumption of segment in the  Polymer Concrete market?
  2. What are the opportunities available for players operating in the global  Polymer Concrete market?
  3. Which trends have the maximum impact on the growth of the global Polymer Concrete market?
  4. Why region leads the global  Polymer Concrete market?
  5. What are the drivers and restraints affecting the market size of the global  Polymer Concrete market?
What the report encloses for the readers:
  • Critical insights of each segment, including volume growth outlook, and demand & supply pattern.
  • A to Z of each player –positives & negatives, current status, future developments – of the global  Polymer Concrete market.
  • Detailed information regarding the trends influencing the growth of the global  Polymer Concrete market.
  • In-depth assessment on the utilization of  Polymer Concrete in each end use industry.
  • Historical data and future growth outlook of the global   Polymer Concrete market.
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Gastroesophageal Reflux Disease (GERD) Devices Market to Witness a Pronounce Growth During 2018– 2028

Exceeding the revenue of US$ 1 billion in 2018, the global sales of gastroesophageal disease devices will witness a steady over 4% CAGR during 2018-2028. As indicated in a new intelligence outlook of Future Market Insights (FMI), esphagoscopes and gastroscopes will continue to account for most of the sales. Adoption of gastroesophageal reflux disease devices will remain maximum for diagnostic procedures, followed by fundoplication procedures.
More Patients Continue to Prefer GERD Devices over Lifestyle Modifications & PPIs
Besides the rapid expansion of geriatric population and elevating prevalence rate of obesity-driven gastroesophageal reflux diseases, FMI in a new study states that the frequent intake of asthma medications is also a strong impact factor associated with the growth of gastroesophageal reflux disease devices market.
Although industry experts recommend lifestyle modifications as the most suitable remedy for gastroesophageal diseases, the growing demand for surgeries for obesity will continue to drive sales of gastroesophageal disease devices in coming years.
Although industry experts recommend lifestyle modifications as the most suitable remedy for gastroesophageal diseases, the growing demand for surgeries for obesity will continue to drive sales of gastroesophageal disease devices in coming years.
The second line of treatment for gastroesophageal reflux disease includes proton pump inhibitors (PPI) therapy, which can reduce the usage of gastroesophageal reflux disease devices. Proton pump inhibitors are the drugs that regulate acid production within stomach, and thereby restrict gastroesophageal reflux.
However, the proven side effects and functional failure of proton pump inhibitors in the long run will continue to benefit the demand for surgical treatment of gastroesophageal reflux disease, favoring the overall sales of gastroesophageal reflux disease devices such as PH monitoring system and manometry system.
Diagnostic Centers & Private Clinics to Employ More GERD Devices
While a majority of adoption of gastroesophageal reflux disease devices prevails in hospitals, the constantly increasing number of establishments in the ambulatory surgical center and diagnostic center segments is likely to translate into a higher rate of adoption of gastroesophageal reflux disease devices within the latter two.
With the number of diagnostic centers and private practice clinics on the constant rise, it is more likely that the demand for gastroesophageal reflux disease devices will observe steady growth over the years to come. Towards the end of forecast period, global market value share of clinics and diagnostic centers will be more than 35%, as suggested by FMI’s analysis of the gastroesophageal reflux disease devices market.
Key GERD Device Manufacturers Eyeing New Product Launches
The report tracks some of the key companies operating in the Gastroesophageal Reflux Disease Devices market, such as Olympus Corporation, Pentax Medical, Medtronic Plc., Diversatek Inc. The report also tracks the key manufacturers operating in gastroesophageal reflux disease treatment devices, such as EndoGastric Solutions, Medigus Ltd., Torax Medical, Inc. and Mederi RF, Inc. 
A majority of key manufacturers of gastroesophageal reflux disease devices are emphasizing new product launches. Innovation of new and advanced products is in turn shaping the growth of gastroesophageal reflux disease devices market.
According to the report findings,
  • Olympus Corporation and Pentax Medical hold the maximum company share in the gastroesophageal reflux disease devices market.
  • Olympus Corporation recently launched an advanced version of esophagoscope and gastroscope.
  • Plc. and Diversatek, Inc. are the key players of diagnostic devices for gastroesophageal reflux disease, contributing a significant share in overall gastroesophageal reflux disease devices market.
  • EsophyX Z is the new and advanced version of EsophyX gastroesophageal reflux disease device, used for the transoral incisionless fundoplication process.
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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.
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Future Market Insights
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Advanced Aerospace Coatings Market to Witness a Pronounce Growth During 2018– 2028

The report provides comprehensive information on market trends, value (US$ Mn) and volume (‘000 Li), competition, recent developments and dynamics in Europe advanced aerospace coatings market for the duration between 2018 and 2028.
The Europe advanced aerospace coatings market was valuated at just-over US$ 390 million in 2018, which is anticipated to register the CAGR of 4.9% through 2028. Increasing demand for efficient and lightweight advanced aerospace coatings is expected to be a major factor driving the demand for advanced aerospace coatings in the Europe market during the forecast period.
Rising Aircraft Production & Expanding Fleet Size Continues to Generate Sustained Demand for Advanced Aerospace Coatings in Europe
Europe’s increasing air passenger traffic has been leading to an increase in the demand for commercial aircraft. This, in turn, has been leading to an increase in the production of commercial aircraft. The growth of the advanced aerospace coatings market is directly dependent on the total aircraft production and the fleet size.
Rising production and sales of aircraft, particularly in developing countries within the region are anticipated to create noteworthy opportunities in Europe’s advanced aerospace coatings market. Increasing aircraft deliveries by leading manufacturers such as Airbus and Boeing are underpinning substantial additions to the existing aircraft fleet size of Europe.
Progressing Scenario within MRO Segment to Majorly Influence Europe’s Advanced Aerospace Coatings Market Growth
As the number of aircraft that are in service is increasingly constantly, the report prompts at the subsequent rise in demand for maintenance, repair, and overhaul (MRO) of various aircraft parts, components, and vital systems. This, according to FMI, will trigger the revenue growth of MRO sales channel within Europe’s advanced aerospace coatings market during the forecast period.
The MRO sales channel of commercial segment of the Europe advanced aerospace coatings market is projected to grow at a 5.9% value CAGR during the forecast period. Increasing fleet size of commercial as well as business aircraft and high demand for customized exteriors are some of the other factors driving the growth of the advanced aerospace coatings MRO sales channel.
Aftermarket Sales of Advanced Aerospace Coatings in Europe to Gain Uptick with Soaring Demand for Leased Aircraft
An aircraft, being one of the most expensive commodities, a number of small airline carriers prefer to lease from major players. While leasing of aircraft helps these airline carriers avoid high capital investments, they generally tend to renovate the entire aircraft before putting it into operation. The entire aircraft cabin is renovated according to specific requisites of respective airline carriers and their customer demands.
More often, a leased aircraft is coated with multiple paints and colors, highlighting the symbol and logo of particular airlines. According to the report, increasing rate of aircraft leasing will continue to push the growth of advanced aerospace coatings market in Europe.
Rapid Sales of Advanced Aerospace Coatings Continue to Suffer from Relatively Gradual Growth of European Economies, Post Crisis
Post the financial crisis, economic growth has slowed down, as compared to the growth registered prior to the financial crisis. Wage growth has been weak and most of the industrial work has been outsourced to emerging economies, which has made industrial investment in developed economies weak. This, in turn, has been restraining the growth of the advanced aerospace coatings market.
Democratic uprisings, such as the Arab Spring, economic sanctions against Russia and the involvement of Ukraine in a proxy war, have pushed many countries into an economic turmoil. The market in these nations has been deteriorating exponentially and in recent times, these markets have been exhibiting a moderate growth scenario. Due to the economic crisis, the purchasing in these countries has come down drastically and subsequently, the demand for advanced aerospace coatings has suffered.
Advanced Aerospace Coatings Market – Competition Landscape
The Europe advanced aerospace coatings market is consolidated with the top two market players (Akzo Nobel and PPG Industries Inc.) accounting for double-digit market shares as of 2017. The top ten players in the Europe advanced aerospace coatings market are projected to collectively account for between a 50% and 60% market share.
In the recent past, the advanced aerospace coatings market has witnessed significant improvements from a competition perspective. Acquisitions, collaborations and expansion of production capacity are some of the key strategies being adopted by market players to expand and sustain in the Europe advanced aerospace coatings market.
  • Praxair, Inc. and GE Aviation opened a new facility in the U.S. for their PG Technologies business that specializes in advanced coatings and enables jet engines to withstand high stress and temperatures
  • PG Technologies Ltd. announced that it intends to add a new additional coating capacity in Singapore to meet the ever-increasing demand from the aviation industry
  • Akzo Nobel opened a specialty coatings facility in Dongguan, China, primarily for the production of advanced aerospace coatings for South and North Asia aviation markets
Key Questions Answered in the Advanced Aerospace Coatings Market Report
  • How has the advanced aerospace coatings market evolved over the past four years?
  • What are some of the prevailing market dynamics in the advanced aerospace coatings market?
  • What shape is the advanced aerospace coatings market expected to take in terms of volume and value during the study period?
  • What are the competition developments and trends in the advanced aerospace coatings market?
  • What are the important key challenges, opportunities and improvement factors for advanced aerospace coatings market players?
  • What are some of the underlying macro-economic and industry factors impacting the growth of the advanced aerospace coatings market?
  • What are some of the important market positioning and key strategies of key advanced aerospace coatings manufacturers as per the market taxonomy?
  • How is the competition structured at present and how has it evolved in the advanced aerospace coatings market over the past few years?
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