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Artificial Intelligence in Medical Imaging Market Overview and Analysis:
The global AI in medical imaging market size was estimated at USD 0.76 billion in 2022 registering a CAGR of 33.1% during the forecast period 2023 to 2030.

The diagnostic process known as medical imaging may be characterized as the generation of visual aids and picture representations of the human body, as well as the observation of the performance and functionality of the human organs.
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Respiratory Devices Market Overview and Analysis:
The Global Respiratory Devices Market size is expected to grow from USD 25.24 billion in 2022 registering a CAGR of 5.89% during the forecast period (2023-2028).

Respiratory assist devices include devices intended to help patients in need of support for breathing, removal of carbon dioxide, and therapy to reduce disuse atrophy of abdominal wall muscles.
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Healthcare Cloud Computing Market Overview and Analysis:
The Healthcare Cloud Computing Market size is expected to grow from USD 44.15 billion in 2022 registering a CAGR of 11.30% during the forecast period (2023-2028).
Cloud computing in healthcare makes medical record-sharing easier and safer, automates backend operations, and even facilitates the creation and maintenance of telehealth apps. Utilizing the cloud increases the efficiency of the healthcare industry, while also decreasing costs. get more info @ https://www.datalibraryresearc....h.com/market-analysi

Warehouse Management System Market Overview and Analysis:
The warehouse management system market is currently valued at USD 7.86 billion in the year 2022, and is expected to register a CAGR of 17.2% over the forecast period, 2023-2030.
The warehouse management system market is working to simplify the network and its administration by moving into a network that can potentially be handled by any commodity server under the network operator's control. The network operation can be flexible, resulting in a plethora of benefits for the target audience adopting its new services. get more info @ https://www.datalibraryresearc....h.com/market-analysi

Enterprise Risk Management Market Overview and Analysis:
The Enterprise Risk Management Market size was valued at USD 43.22 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 12.12% over the forecast period, 2023 to 2030.

ERM is a comprehensive approach that enables businesses to identify, assess, and prepare for potential losses, dangers, hazards, and other risks that may hinder their operations and objectives. It is a top-down strategy that aims to shape the overall risk position of a firm by mandating certain business segments to engage or disengage from specific activities.
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Aircraft MRO Market Overview and Analysis:
The Aircraft MRO Market is currently valued at USD 76.8 billion in the year 2022 and is expected to register a CAGR of 5.2% over the forecast period. Aircraft MRO refers to overhaul, inspection, repair, or modification of an aircraft or its components.

The market is segmented into airframe, engine, component, and line maintenance. The cabin interior modifications and repairs have been considered with the component segment.

Rapid urbanization and the rising economic growth in emerging countries with increased business and tourism travel are expected to increase the market growth. Various external factors, such as air traffic volumes, global fleet size, and aircraft utilization, are the factors expected to significantly impact the market. Also, the increased air travel by individuals for business and personal purposes is expected to create more aircraft production, thereby substantially impacting the market.
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MEP BIM services are one such provision that is imperative to the building construction process and catalyzes the MEP coordination and on-site execution for contractors.

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The Rise of Digital Therapeutics: Forecasting Market Dynamics for 2032

As per Future Market Insights, the Global Digital Therapeutics Industry is forecast to reach US$ 4.8 Bn in 2022, with sales growing at an impressive 24.4% CAGR over the forecast period. The market size will reach US$ 42.5 Bn by 2032.

To infiltrate and disrupt the healthcare sector, IT companies are producing and acquiring digital therapies. Players are investigating whether digital medicines might improve quality of life and outcomes while maintaining or lowering total healthcare costs in certain disease areas, as well as how patient data obtained through such products can be used to determine coverage. To attract investors, startups are coming up with innovative digital therapeutic ideas.

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Manufacturers are combining off-patent compounds with medical devices farther up the innovation spectrum, such as altering the mode of administration with better inhalers and auto-injectors. This necessitates a bigger investment in research and development, as well as greater usage of collaboration between molecule producers and device manufacturers.

Mass-market platforms present a significant possibility for interaction at scale. Manufacturers of consumer gadgets, namely smartphones and smartwatches, have included healthcare services and encouraged third-party developers to create apps for better patient outcomes.

Simultaneously, attempts have been made to improve the quality of available apps, with major app shops enforcing certain quality criteria. This is a beneficial development because it is critical to place a premium on the secure storage of research-grade data.

Owing to the above-mentioned factors, the Global Digital Therapeutics Industry will expand at a considerable pace over the assessment period.

“Increasing awareness regarding digital therapeutics across emerging economies, along with growing adoption of healthcare wearables will continue driving growth in the market over the forecast period,” says Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.)

Key Takeaways:

Combination therapy as a solution is expected to account for an approximate market share value of 4% of the global market in 2022.
By application, management is expected to hold a dominant market share value of 1% in the 2022 global market.
Central nervous system disorders by indication displayed a CAGR growth value expected to reach 2% by 2032.
Direct-to-patients/consumers is a dominant segment in terms of the business model within the global market, carrying an estimated market share value of about8% in 2022.
The U.S. is accounted for 3% of the North America digital therapeutics market in 2021.
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Global Digital Therapeutics Industry Key Players:

Teladoc Health, Inc.
Click Therapeutics, Inc.
Welldoc
HYGIEIA
DarioHealth Corp
BigHealth
Orexo AB
Akili Interactive Labs, Inc.
Freespira
Voluntis
Kaia Health
Kaiku Health
Theranica Bio-Electronics Ltd.
Propeller Health
Orexo US, Inc.
TALi Digital Limited
Limbix Health, Inc.
Global Digital Therapeutics Industry Competition

Digital therapies are a lucrative investment field due to a developing market environment, venture capital funding, and digital acceleration in response to the COVID-19 pandemic. The market is a fragmented space with heavy competition. Digital therapeutics can become an effective and economical solution for diseases and conditions that affect a large number of people. DTx software products have attracted a huge number of investors because to their lower development costs, simplicity of distribution, and ability to scale up their application.

For instance:

In January 2021, FDA approved Theranica’s Nerivio® for an expanded indication for acute treatment of episodic or chronic migraine in adolescents.
Limbix Therapeutics Inc. in October 2021 launched “SparkRx”, the first evidence-based digital therapeutic for adolescents with symptoms of depression.
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Want more insights?

Future Market Insights brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2032. The digital therapeutics market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on Global Digital Therapeutics Industry segment based on solution – (monotherapy and combination therapy), application (prevention, management, and treatment), indication (diabetes, obesity, gastrointestinal disorders, cardiovascular disease, central nervous systems, and others), business model (direct to consumer and fee-for-service), across seven key regions over the globe.

Key Market Segments Covered in Global Digital Therapeutics Industry Research

By Solution:

Monotherapy
Combination Therapy
By Application:

Prevention
Management
Treatment
By Indication:

Diabetes
Obesity
Gastrointestinal Disorders
Cardiovascular Disease
Central Nervous Systems
Others
By Business Model:

Direct to consumer
Fee-for-service

Fire Extinguisher Sector Eyes US$ 7 Billion Milestone by 2033

The Fire Extinguisher Market is currently experiencing a consistent upsurge in demand, driven by a concerning increase in fire-related fatalities within both residential and commercial settings. As the imperative for effective fire control becomes increasingly apparent, fire extinguishers have emerged as indispensable tools for swiftly and efficiently extinguishing flames, particularly in confined spaces. These essential devices are thoughtfully designed with simplicity at their core, empowering individuals to confidently and effectively address fire emergencies.
According to a report by Future Market Insights, the fire extinguisher market is projected to exhibit a Compound Annual Growth Rate (CAGR) of 5.7% from 2023 to 2033. By the conclusion of this specified period, it is estimated that the market will attain a valuation of approximately US$ 7 billion. Notably, fire extinguisher sales are expected to reach a significant milestone, surpassing US$ 4 billion by the year 2023.
As the incidence of fire-related fatalities in both residential and commercial properties continues to rise, so too does the demand for fire extinguishers. These devices, with their simplicity of operation, play a pivotal role in mitigating fire hazards during critical emergency situations.
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The installation and maintenance of hydrant systems and automated fire sprinkler systems necessitate the involvement of skilled firefighters or specialized equipment, both of which are limited in their applicability within confined spaces. Additionally, the implementation of sprinkler systems can be cost-prohibitive, rendering them inaccessible to certain entities.
Key Takeaways from the Market Study
• From 2018 to 2022, the global fire hydrant market grew at a CAGR of 4.5%
• As of 2022, the fire hydrant market was valued at US$ 3.8 billion
• The United States is expected to be an opportunistic market, accumulating a valuation of US$ 1 billion in 2021
• Germany to account for 15.7% of the European fire extinguishers demand
• As of 2022, the market for fire extinguishers in China was valued at US$ 560 million
• India to experience a CAGR of 6% from 2023 to 2033 with respect to fire extinguishers sales
• Around 1/4th of all fire extinguishers are expected to comprise dry chemicals
• By fire type, class A fires to generate incremental opportunity worth US$ 1.6 billion
‘The global fire extinguisher business is expected to grow significantly. Increased construction activity for commercial spaces, new manufacturing plants, and the introduction of new housing developments, combined with the implementation of strict fire safety laws, are all influencing the global fire extinguishing market,’ says FMI analyst.
Competitive Landscape
The global fire extinguisher marketplace is extremely competitive with numerous small-scale and local competitors present. Key players in the fire extinguishers market use tactics such as company growth through mergers and acquisitions, product launches, partnerships, and alliances.
• Ceasefire Industries Pvt. Ltd. unveiled an exclusive range of home extinguishers with a compact point-and-shoot construct in August 2022.
• SFP Holding, Inc. declared in June 2002 that its subsidiary companies, Summit Fire & Security and Summit Fire Protection, had just concluded ten strategic acquisitions.
More Valuable Insights
Future Market Insights, in its new offering, presents an unbiased analysis of the global fire extinguisher market presenting a historical analysis from 2018 to 2022 and forecast statistics for the period of 2023 to 2033.
The study reveals essential insights by product type (water, foam, we chemical, dry powder, carbon dioxide, dry chemical, and others), fire type (class A, class B, class C, class D, and class D), and end-user (residential, commercial, industrial, public areas, and others) across five major regions (North America, Latin America, Asia Pacific, Europe and Middle East & Africa).
Key Segments Profiled in the Fire Extinguisher Industry Survey
By Product Type:
• Water
o Air-Pressurized Water
o Water-Mist
• Foam
o Aqueous Film-Foaming Foam
o Compressed Air Foam System
o Others
• Wet Chemical
o Potassium Acetate
o Potassium Carbonate
o Potassium Citrate
• Dry Powder
• Carbon Dioxide
• Dry Chemical
• Others
By Fire Type:
• Class A
• Class B
• Class C
• Class D
• Class K
By End-Use:
• Residential
• Commercial
• Industrial
• Public Areas
• Others
Region:
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa

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