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PD-1/PD-L1 Inhibitors Market Outlook in Comparison to 2023 to 2033 Growth Forecast

The Global PD-1/PD-L1 Inhibitors Industry is on track for a significant surge, according to a recent market analysis. The market, currently valued at US$49.5 billion in 2023, is expected to skyrocket to a staggering US$123.3 billion by 2033, reflecting a robust Compound Annual Growth Rate (CAGR) of 9.6%.

Because of the growing worldwide cancer burden, the usage of PD-1 and PD-L1 inhibitors, which are essential immune checkpoint inhibitors used as front-line treatments for a variety of cancers, has increased significantly. Pembrolizumab (KEYTRUDA) is in high demand around the world due to its proven efficacy in treating a wide range of FDA-approved disorders. As a result, market participants are investing extensively in the development of these products, a trend that is expected to continue during the forecast period.

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The increased R&D activities are projected to generate considerable growth potential for key competitors in the global PD-1/PD-L1 inhibitors industry.

Market participants, for example, are expanding their spending in research and development to fulfil increased demand.

Anti-PD-1 and anti-PD-L1 immunotherapies for patients with metastatic melanomas are being developed by researchers at Johns Hopkins Kimmel Cancer Centre. The therapy’s purpose is not to directly destroy cancer cells, but to disrupt a route that protects tumour cells from immune system components capable of fighting cancer.
Global PD-1/PD-L1 Inhibitors Industry Key Takeaways

The hospital pharmacies category is predicted to have a considerable market share of 48.3% over the projection period because of its vast client base, rising healthcare expenses, and rising cases of diseases such as lung and bladder cancer, melanoma, Hodgkin lymphoma, and others.
By 2033, the United States is expected to generate US$ 23.4 billion in revenue. The government is increasing funding and support for cancer drug development. A boom in market research and development for new and innovative pharmaceuticals is also supporting regional growth.
China is expected to be a lucrative market, with a 14.0% annual growth rate. The sale of approved therapies and the increasing occurrence of blood-related tumours are two of the key causes for the significant rise of the PD-1 and PD-L1 inhibitors market. Vendors’ rising patient support programmes are moving the market in this region ahead.
Pembrolizumab is expected to grow at an 8.7% annual pace throughout the forecast period, reaching a significant market share of 49.5% in 2022. Pembrolizumab’s use has expanded due to its established efficacy in treating FDA-approved indications such as head and neck squamous cell cancer (HNSCC), non-small cell lung cancer (NSCLC), melanoma, and others.
Tamil Nadu in India is developing a treatment policy to identify 66.0% of cancer patients in the first and second stages by 2030, allowing for proper treatment. As a result, such a policy is expected to fuel demand for PD-1 inhibitor drugs, propelling the growth of the segment over the forecast period

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Global Vented Liner Market Demand, Future Business Growth, Upcoming Trends 2034

The global vented liner market is experiencing substantial growth, with an anticipated valuation of US$ 212.5 million by 2024 and a moderate Compound Annual Growth Rate (CAGR) of 4.7% expected to endure until 2034. Projections indicate a market size of US$ 337.3 million by 2034, reflecting the market’s robust trajectory and evolving trends.

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Key Market Trends and Highlights:
1. Rising Demand for Sustainable Packaging Solutions: The increasing awareness of environmental challenges is driving the demand for sustainable packaging solutions, including vented liners. Consumers are gravitating towards compostable, recyclable, and eco-friendly materials, fostering the adoption of environmentally conscious packaging options across industries.
2. Advancements in Ventilation Technology: Technological advancements in ventilation technology are fueling the creation of vented liners with enhanced performance attributes. Manufacturers are exploring innovative techniques such as micro-perforations, laser scoring, and breathable films to improve airflow, maintain product freshness, and extend product lifespan.
3. Application in Fresh Produce Packaging: Vented liners are increasingly used in packaging fresh produce, particularly fruits and vegetables, to increase shelf life and reduce food waste. As consumers prioritize healthy eating and seek convenient, ready-to-eat options, vented liners play a crucial role in maintaining the freshness and quality of perishable goods.
4. Expansion into Various Industries: Vented liners are being investigated by industries beyond traditional sectors, including electronics, pharmaceuticals, and cosmetics. These liners offer benefits such as shelf stability, moisture control, and product protection, driving their adoption in diverse applications.

Understanding Crucial Drivers Impacting the Global Vented Liner Market:
1. Chemical Safety Concerns: Vented liners are becoming indispensable in the chemical industry’s storage and supply chain processes to address safety concerns. These liners effectively stabilize pressure and prevent chemical leakage, ensuring compliance with industrial standards and regulations.
2. Adoption in the Agriculture Sector: The agriculture sector is embracing vented liners in containers of pesticides and herbicides to prevent product loss, contamination, and damage. Vented liners offer effective venting, reducing waste and preserving product quality during long-term storage.

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Global Vented Liner Market Segmentation by Category
By Diameter:
• Up to 20 mm
• 21 mm to 100 mm
• Above 100 mm
By Material:
• Cardboard
• Plastic Film
o PS
o PP
o PET
o EVOH
o PE
• Aluminum Foil
By Application:
• Bottles
o Glass
o Plastic
• Cans
• Jerry Cans
• Tubes
• Jars
By End-use:
• Food & Beverage
• Personal Care & Cosmetics
• Pharmaceuticals
• Pesticides
• Chemicals
• Other Commodities
By Region:
• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa

Comparative View of the Surgical Mask Market

The Global Surgical Mask Industry is poised for a remarkable expansion, fueled by a heightened awareness of hygiene and the ever-present need for personal protective equipment (PPE). A recent market analysis projects a significant surge in the coming decade, with a Compound Annual Growth Rate (CAGR) of 10.7%. This positive trajectory is expected to propel the market from US$2.06 billion in 2023 to a staggering US$5.7 billion by 2033.

Future Market Insights (FMI), a preeminent authority in Market Research and Competitive Intelligence, has conducted an exhaustive analysis illuminating the driving forces behind the surge in the Global Surgical Mask Industry. Spanning from 2023 to 2033, FMI’s comprehensive study offers profound insights into the industry’s evolution, enabling stakeholders to navigate the dynamic landscape with precision and foresight.

According to FMI’s research, the Global Surgical Mask Industry is poised to experience robust growth, with a focus on the years 2020 to 2030. The report delves into various facets of the market, including demand dynamics, product developments, revenue generation, and sales trends within the Surgical Mask sector.

The study, conducted by ESOMAR-certified consulting firm FMI, provides a meticulous analysis of market dynamics, encompassing drivers, restraints, opportunities, and challenges. It highlights their consequential impact on the Surgical Mask market, offering a comprehensive understanding of the industry landscape.

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Advent of Telehealth and Virtual Care to Create Tailwind for the Global Surgical Mask Industry Growth

Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.

During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization. They encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.

Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to its convenience. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Global Surgical Mask Industry.

Key Global Surgical Mask Industry Takeaways and Projections

The U.S. is estimated to continue dominating the North American market, projecting the fastest growth in the region through 2031.
Germany’s Surgical Mask market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2021 and 2031.
China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
India is forecast to emerge as a highly remunerative market in South Asia, contributing to the largest sales in the region over the coming 10 years.
Report Benefits & Key Questions Answered

Surgical Mask Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Surgical Mask market. It also studies the impact of these dynamics on the market for the previous assessment period 2016-2020 to forecast the scope of market growth over the coming forecast period 2023-2033.
Surgical Mask Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Surgical Mask market. As per the survey, Surgical Mask sales will project steady growth over the forecast period.
XZY Market Structure Analysis: The report provides detailed market information the concentration of key players and tier analysis in the Surgical Mask market. It also categorizes market players as Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
Surgical Mask Category & Segment Level Analysis: FMI’s category & segment level analysis provides insights into key factors affecting the market growth across various segments in terms of (segment 1), (segment 2), and (segment 3). It also uncovers critical opportunities across each segment to assist key players in capitalizing on the,
Global Surgical Mask Industry Trend Analysis: FMI’s market trend analysis provides compelling insights into current and upcoming trends in the healthcare industry. It also assists the industry players in identifying potential trends to formulate a strategy to take advantage of these existing trends.
Future Market Insight’s (FMI’s) latest study published on the Global Surgical Mask Industry provide insights into key factors uplifting the sales over the next ten years. It provides unbiased analysis on key trends, drivers, and opportunities across key segments, the report also provides strategic analysis on the incumbents, existing players, and leading players operating in the Global Surgical Mask Industry. Says Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.)

Competitive Landscape Analysis

The latest study conducted by FMI provides in-depth insights into the Global Surgical Mask Industry to assist management-level decision-makers in constructing a strategy to capitalize on critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the Global Surgical Mask Industry.

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Some of the prominent market players are profiled by FMI

3M, Honeywell International Inc., Medline Industries, Inc., Halyard Health (Owens & Minor, Inc.), Kimberly-Clark Worldwide, Inc., Medline Industries, Inc., Moldex-Metric Inc., Kowa Company Ltd., Premium HealthCare Disposables Private Limited, Kidwell Medical BioClean (ANSELL LTD.), Dynarex Corp., and Valmy among others.

Global Surgical Mask Industry Key Segments

Product

Basic Surgical Masks
Anti-Fog Foam Surgical Masks
Fluid/Splash Resistant Surgical Masks
Others
End-user

Hospitals
Ambulatory Surgical Centers / Specialty Clinics
Individual
Others
Region

North America
Europe
East Asia
South Asia
Oceania
Middle East and Africa

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