Global Muscle relaxant drugs Market is valued at USD 3.34 Billion in 2017 and expected to reach USD 5.77 Billion by 2027 with a CAGR of 5.6% over the forecast period.
Increasing prevalence of lower back pain with surge in number of surgeries in geriatric population as well as rising healthcare expenditures of relaxant drugs are expected to boost the growth of muscle relaxant drugs market over forecast period.
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Scope of Global Muscle Relaxant Drugs Market Report:
The muscle relaxant is a drug that affects skeletal muscle function and decreases the muscle tone. They may be new to alleviate symptoms such as muscle spasms, pain, and hyperreflexia. Further, muscle relaxant drugs are highly restricted to consume by pregnant women, old person and other drug or alcohol addicted persons. The muscle relaxant drugs are primarily used in conjunction with general anesthetics to achieve muscle relaxation during surgical interventions.
Muscle Relaxant Drugs Manufacturers:
Some major key players for global muscle relaxant drugs market are,
Pfizer Inc
Johnson & Johnson
Merck & Co. Inc.
Intas Pharmaceuticals Ltd.
Galderma S.A.
F. Hoffmann-La Roche Ltd
Others
Conversely, they are also being used in the treatment of muscle spasm and spastic neurological conditions secondary to multiple sclerosis, cerebral palsy, fibromyalgia, myofascial pain syndrome etc. These drugs exert their muscle-relaxing effects by inhibiting nerve signals in the brain and spinal cord and may help break the pain-spasm-pain cycle, where pain causes your muscles to spasm as a protective response, and those spasms, in turn, cause more pain.
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Global Muscle relaxant drugs Market Segmentation –
By Type: Facial Muscle Relaxant Drugs, Skeletal muscle Relaxant Drugs, Neuromuscular Blocking Agents
By Application: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
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The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
The global M2M communication market is expected to exhibit a strong 10% CAGR over the forecast period from 2016 to 2022, according to the latest research report from Market Research Future (MRFR).
The report presents a detailed overview of the global M2M communication market’s historical and present growth trajectory, and makes accurate forecasts as to the market’s likely growth trajectory over the forecast period.
M2M communication is a suite of technologies by the use of which machines and sensors can relay data to each other, leading to corresponding actions in the machines.
The widespread applicability and functionality of IoT tools has led to widespread adoption of IoT technology in recent years, increasing the commercial scope for the global M2M communication market in the process.
Growing demand for IoT in various industrial sectors is likely to be a major driver for the global M2M communication market over the forecast period.
Blood glucose monitors are among the most common health monitors used across the world.
