Global Prader-Willi Syndrome (PWS) Therapeutics Market: Sizing, Prevalence, Pipeline Analysis (2019 Edition): Opportunities and Forecast 2022-2030

  • Product Code:
    RP-ID-10149147
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    120
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-29

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

" In terms of value, the industrial X-ray inspection system market is expected to grow at a compound annual growth rate of ~10% from 2022 to 2030, reaching more than ~USD 1 billion in 2030. These systems effectively find subsurface defects such as voids and cracks in various solid materials (such as metals, plastics, composites, silicone, and rubber). Industrial X-ray inspection is a key step in the product development, manufacturing, manufacturing or installation process. Strict government supervision of asset safety, increased consumer awareness of quality standards, and growing safety issues in strategic infrastructure facilities are some of the main factors driving the growth of this market. In addition, the increased automation of digital X-ray systems, the miniaturization of X-ray systems to improve mobility, and the increased ease of use due to advances in hardware technology, provide huge growth opportunities for users operating in this market

 

 THE IMPACT OF COVD-19 ON THE INDUSTRIAL X- RAY INSPECTION SYSTEM MARKET: 


Due to COVID-19, industries around the world are experiencing declining new car production and sales, declining demand for by-products, oil and travel bans, supply chain disruptions, and reduced new investments, and in turn It will also affect the market for industrial X-ray inspection systems. 

 

The global travel ban has severely affected the aerospace industry, with passenger traffic reduced by 40% to 60% in major regions. In addition, major end users are facing reduced production levels, supply chain challenges, limited factory labor, and inventory bottlenecks due to travel restrictions. 

 

A major setback, but once the situation begins, the market is expected to rebound and begin to normalize. Manufacturing activities will gradually adopt industrial X-ray inspection systems, but this is unlikely to be enough to make up for earlier losses. However, after COVID-19, with the growth of the electronics and semiconductor manufacturing industries, the demand for miniaturized X-ray systems in airports and commercial spaces around the world will increase to improve operational efficiency.

 

THE GOVERNMENT STRICT SUPERVISION OF ASSETS TO PROMOTE MARKET GROWTH: 


The regulatory standards for asset safety and quality used to develop utility products are becoming more and more stringent to ensure higher safety standards and product quality. Government guidelines that define best practices require asset owners and operators to work closely with X-ray inspection experts to implement X-ray inspections in their facilities in the most effective and cost-effective manner. Safety is the most concerning issue for production engineers and operators in processing plants; product failures may affect the safety of workers and the public. 

 

Asset reliability is an important factor in avoiding asset failures. Facts have proved that unplanned maintenance and industrial X-ray inspection systems are very helpful in ensuring that asset performance requirements are met within safety parameters at the best cost. Therefore, this factor is expected to support the growth of the industrial X-ray inspection market during the forecast period.

 

MINIATURIZATION OF X- RAY SYSTEM TO INCREASE MOBILITY TO SUPPORT MARKET GROWTH: 


In the past decade, the availability of new materials and improved processing techniques have led to the miniaturization of X-ray sources such as X-ray tubes and high-voltage generators. The miniaturization of tubes and generators makes it possible to explore a wide range of applications for X-ray inspection, non-destructive inspection, and analysis of various industrial materials. These miniature X-ray systems are used for baggage and cargo inspection at airports around the world.

 

 THE MAIN FINDING OF INDUSTRIAL X - RAY INSPECTION SYSTEM MARKET RESEARCH


During the forecast period, the software sector is expected to grow at the highest compound annual growth rate. And consumables. During the forecast period, the software sector is expected to grow at the highest compound annual growth rate. Factors attributed to the growth of this segment are advances in X-ray system software to simplify the image analysis and archiving process, improvements in workflow, elimination of hazardous chemicals for image processing, improvements in inspections, and overall improvements in X usability- Radiographic inspection system.

 

 The electronics and semiconductor industries are expected to grow at the highest compound annual growth rate during the forecast period: Based on vertical industries, the industrial X-ray inspection system market is segmented into oil and gas, aerospace, automotive, electronics and semiconductors, public infrastructure, power generation, Manufacturing, food and beverage, and other vertical industries. During the forecast period, the electronics and semiconductor vertical industries are expected to grow at the highest compound annual growth rate. The high growth of this market segment is mainly attributable to the rapid implementation of emerging technologies that promote digitalization, the increasing demand for 3D packaging X-ray inspection technology in the electronics market, and more implementations of radiographic inspection systems. Destructive testing of PCB components and components and solder joints, such as BGA, POP, QFN, flip chip, through hole, TSV, micro bump, copper pillar, etc. In the semiconductor industry.

 

 MAJOR PLAYERS: 


The report includes a comprehensive assessment of the competitive landscape of key strategies adopted by major market players in the industry in the past three years. The main players in the industrial X-ray inspection system market are North Star Imaging, Inc. (USA), Nikon Metrology NV (Belgium), Nordson DAGE (UK), YXLON International GmbH (Germany), VJ Group, Inc. (USA)) , 3DX-Ray Ltd (UK), VisiConsult X-ray Systems & Solutions GmbH (*Germany), Smiths Detection, Inc. (USA), Mettler-Toledo International Inc. (EE. UU.), GE Measurement and Control (EE. UU.), OSI Systems (EE. UU.), Ishida Co. JAPAN、 Comet Holding AG (Suiza) 、 Micro-Poise Measurement Systems LLC ( EE. UU.) 、 Thermo Fisher Scientific (EE. UU.). 

 

SCOPE


Industrial X-ray inspection system market, hardware and software support services by components, industrial X-ray inspection system market, imaging technology film-based imaging, digital imaging, direct radiography, computer tomography, computed radiography system market, industrial X-ray inspection, by Industrial X-ray Systems X2D -Market Ray Inspection Systems, by VerticalOil & Gas Transmission pipeline monitoring Subsea pipeline monitoring Storage tank monitoring monitoring Refinery Aerospace aircraft maintenance Composite material analysis Automotive electronics and semiconductor PCB Automatic optical inspection Wafer inspection Welding joint inspection can Regenerative power plant manufacturing plant health monitoring product quality control additive manufacturing A food and beverage sweeping other vertical industries"
 


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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Pfizer, Novartis, Novo Nordisk, Soleno Therapeutics, Saniona

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