Global Medical Peristaltic Pumps
Market Report
2024
The global medical peristaltic pump market size will be USD XX million in 2024. The growing demand for silicone and polyurethane is expected to boost sales to USD XX million by 2031, with a Compound Annual Growth Rate (CAGR) of 7.00% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Medical Peristaltic Pumps market size will be USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Medical Peristaltic Pumps Market Sales Revenue 2019 | $ 1141.72 |
Global Medical Peristaltic Pumps Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7% |
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Market Restrains:
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Market Trends:
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Market Split by Application Outlook:{application _title_end}{application _start}Drug DeliveryIV TherapyBlood TransfusionDialysisLaboratory Automation{application_end}{end_user_ title_start}End User Outlook:{end_user_title_end}{end_user_start}H | |
List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Medical Peristaltic Pumps Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The market for medical peristaltic pumps is expanding significantly due to factors such as the growing prevalence of chronic illnesses, technological improvements in healthcare, and the growing need for accurate fluid management solutions. Because of their accuracy, dependability, and lower danger of contamination, peristaltic pumps are widely employed in many medical applications, such as medicine administration, blood transfusion, dialysis, and intravenous infusion. In addition, the aging population increases the need for precise drug delivery systems because it is linked to chronic diseases that need long-term pharmaceutical administration. Effective and hygienic fluid transfer solutions are required by the growing pharmaceutical industry, which is concentrated on medication development and manufacture. One major use for peristaltic pumps is in the increasingly common minimally invasive surgical procedures, which necessitate precise fluid management.
The prevalence of chronic illnesses like diabetes, cancer, and cardiovascular disease is rising. Many times, these illnesses call for long-term care, which may entail the use of peristaltic pumps or other medical devices. Peristaltic pumps are perfect for treating chronic disorders because they provide medication in precise and controlled amounts. One of the main factors propelling the growth of the medical peristaltic pump market globally is the increasing incidence of chronic illnesses. The World Health Organization (WHO) reports that chronic illnesses account for more than 70% of deaths worldwide, making them the primary cause of death.According to WHO forecasts, almost 80% of fatalities worldwide would be related to chronic diseases by 2025. It is anticipated that the rising incidence of chronic illnesses will raise demand for peristaltic pumps and other medical devices that are vital to treating these illnesses. One of the main factors propelling this market's growth is the increasing prevalence of chronic disorders.
The worldwide market for medical peristaltic pumps is expanding due in large part to technological developments. Recent technological developments have resulted in considerable improvements to the efficiency, dependability, and user-friendliness of piston pumps. Among these developments is the creation of new materials, such as silicone and thermoplastic elastomers, which have extended the life and robustness of peristaltic pumps. Furthermore, peristaltic pumps are now more accurate and simpler to use, thanks to the creation of new control systems.New uses for peristaltic pumps in the medical domain are emerging as a result of technological developments.Peristaltic pumps, for instance, are currently utilized in surgical robots, drug delivery systems, and minimally invasive surgical techniques. The market for medical peristaltic pumps is anticipated to expand as a result of these novel applications.
The market is significantly constrained by the high cost of medical peristaltic pumps. Advanced peristaltic pumps can have expensive upfront and continuing maintenance costs due to their complex features, which include high-precision control and smart technology integration. In underdeveloped areas especially, these expenses may be unaffordable for smaller clinics, medical practices, and healthcare facilities with tight budgets. In addition, the high cost can discourage healthcare providers from implementing these pumps or updating current systems, particularly in light of the availability of more affordable alternatives for fluid delivery. Exorbitant pumps can impede the adoption rate overall due to price burdens, which can hinder market expansion and prevent many patients from accessing innovative medical technologies.
The medical peristaltic pump market was dramatically influenced by the COVID-19 pandemic. Initially, peristaltic pumps and other medical devices were in short supply due to production delays and interruptions in worldwide supply networks. However, the pandemic also raised the need for these pumps for medicine delivery, respiratory support, and fluid management in critical care settings. The increased emphasis on healthcare infrastructure and the pressing demand for efficient therapeutic options hastened the adoption of new medical technology. Furthermore, the pandemic's transition to telemedicine and home healthcare increased demand for portable, user-friendly peristaltic pumps. COVID-19 brought to light the necessity of durable medical equipment, creating both opportunities and problems for the peristaltic pump market.
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The competitive landscape of the Medical Peristaltic Pumps market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established medical device manufacturers, specialized Medical Peristaltic pump companies, and emerging start-ups aiming to disrupt the market with innovative solutions.
February 2022: Watson-Marlow Fluid Technology Group expanded its industrial Ethernet control portfolio by enabling PROFINET on its cased peristaltic pump series, 530, 630, and 730. (Source:https://www.wmfts.com/en/news/new-profinet-enabled-pumps-from-watson-marlow/)
Top Companies Market Share in Medical Peristaltic Pumps Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. North America's sophisticated healthcare system, high healthcare spending, and abundance of top medical device manufacturers position the region to lead the growth of the medical peristaltic pump market. Demand for the product is further increased by the region's emphasis on implementing cutting-edge medical technologies and the rising incidence of chronic illnesses. Attractive reimbursement policies and a well-established regulatory environment also aid advanced peristaltic pump usage. The need for effective and dependable fluid management solutions is expanding in North America due to the growing trend of home healthcare and the aging population, which further cements its position as a major market driver.
Asia Pacific stands out as the fastest-growing region in the Medical Peristaltic Pumps market. The Medical Peristaltic Pumps Market is expected to grow at a faster rate in the Asia-Pacific region as a result of expanding healthcare spending, better healthcare infrastructure, and growing public awareness of cutting-edge medical technologies. In nations like China and India, rapid economic growth and urbanization are expanding access to high-quality healthcare services. Furthermore, a huge aging population and the increasing prevalence of chronic diseases require sophisticated medical devices like peristaltic pumps. Market expansion is further supported by government initiatives to upgrade healthcare systems and increased investments by major companies in the industry. Due to its growing potential, the area will play a major role in the future of the worldwide industry.
The current report Scope analyzes Medical Peristaltic Pumps Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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<P>According to Cognitive Market Research, the global Medical Peristaltic Pumps market size was estimated at USD XX Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.</P> <ul><li>According to Cognitive Market Research, the US had a major share in the Medical Peristaltic Pumps market with a market size of USD XX million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. The United States leads the world in the development of new medical technologies, primarily in the areas of personalized medicine and minimally invasive surgery, which both significantly depend on peristaltic pumps.</li> <li>The Canada Medical Peristaltic Pumps market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. Expanding markets are stimulated by government funding for healthcare R&D and by supportive regulatory frameworks.</li> <li>The Mexico Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD XX million in 2024.</li></ul>
<p>According to Cognitive Market Research, the global Medical Peristaltic Pumps market size was estimated at USD XX Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031. </P> <ul><li>The United Kingdom Medical Peristaltic Pumps market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period. The UK's aging population is contributing to an increase in chronic illnesses, which need long-term drug management as the main use case for peristaltic pumps.</li> <li>The France Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD XX million in 2024.</li> <li>According to Cognitive Market Research, the German Medical Peristaltic Pumps market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 5.7% during the forecast period. The use of closed-loop technologies like peristaltic pumps to lower the danger of contamination is being pushed by Germany's strict healthcare laws and emphasis on patient safety.</li> <li>The Italy Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 4.9% during the forecast period, with a market size of USD XX million in 2024.</li> <li>The Russian Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD XX million in 2024.</li> <li>The Spain Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 4.6% during the forecast period with a market size of USD XX million in 2024</li> <li>The Luxembourg Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD XX million in 2024.</li> <li>The Portugal Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD XX million in 2024.</li> <li>The Greece Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD XX million in 2024.</li> <li>Rest of Europe's Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD XX million in 2024.</li></ul>
<P>According to Cognitive Market Research, the global Medical Peristaltic Pumps market size was estimated at USD XX Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.</P> <ul><li>According to Cognitive Market Research, the China Medical Peristaltic Pumps market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 8.5% during the forecast period. Peristaltic pump demand is being driven by China's growing pharmaceutical industry, which is influencing drug discovery, manufacture, and distribution.</li> <li>The Japan Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD XX million in 2024.</li> <li>The India Medical Peristaltic Pumps market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 10.8% during the forecast period. The need for sophisticated medication delivery systems is being driven by the increased prevalence of chronic illnesses like diabetes, cancer, and cardiovascular disorders.</li> <li>The South Korean Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD XX million in 2024.</li> <li>The Australian Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD XX million in 2024.</li> <li>The South East Asia Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 10.0% during the forecast period, with a market size of USD XX million in 2024.</li> <li>The Rest of Asia Pacific Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 8.8% during the forecast period, with a market size of USD XX million in 2024.</li></ul>
<P>According to Cognitive Market Research, the global Medical Peristaltic Pumps market size was estimated at USD XX Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031. .</P> <ul><li>According to Cognitive Market Research, the Brazil Medical Peristaltic Pumps market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Peristaltic pumps are in high demand for drug delivery and neonatal care in Brazil because of the country's emphasis on mother and child health.</li> <li>Argentina's Medical Peristaltic Pumps market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. Innovative medical technology is being adopted at a faster rate because of government initiatives aimed at increasing healthcare accessibility.</li> <li>Colombia Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD XX million in 2024.</li> <li>Peru Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD XX million in 2024.</li> <li>Chile Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD XX million in 2024.</li> <li>The Rest of Latin America's Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD XX million in 2024.</li></ul>
<P>According to Cognitive Market Research, the global Medical Peristaltic Pumps market size was estimated at USD XX Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031..</P> <ul><li>The GCC Countries Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD XX million in 2024. The GCC nations' focus on public health programs is propelling the uptake of cutting-edge medical technology for illness prevention and control.</li> <li>The Egypt Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD XX million in 2024.</li> <li>The South Africa Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD XX million in 2024. The need for precision fluid handling systems is being driven by the growing biotechnology sector in South Africa.</li> <li>The Turkey Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD XX million in 2024.</li> <li>The Nigeria Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD XX million in 2024.</li> <li>The Rest of the MEA Medical Peristaltic Pumps market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD XX million in 2024.</li></ul>
Global Medical Peristaltic Pumps Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Medical Peristaltic Pumps Industry growth. Medical Peristaltic Pumps market has been segmented with the help of its , Application Outlook:{application _title_end}{application _start}Drug DeliveryIV TherapyBlood TransfusionDialysisLaboratory Automation{application_end}{end_user_ title_start}End User Outlook:{end_user_title_end}{end_user_start}H , and others. Medical Peristaltic Pumps market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Medical Peristaltic Pumps market.
of Medical Peristaltic Pumps analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Medical Peristaltic Pumps Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the dominant category is Drug Delivery. Because medical peristaltic pumps are accurate and dependable in the administration of medication, the market for these devices is expanding in the drug delivery sector. These pumps guarantee precise and regulated drug delivery, which is essential for therapies including hormone therapy, chemotherapy, and pain management. Safety and patient outcomes are improved when exact doses may be administered for longer periods. Peristaltic pump demand in drug delivery applications is further driven by the rise in chronic illness prevalence and the trend toward home healthcare and personalized medication.
The fastest-growing category in the Medical Peristaltic Pumps market is IV Therapy. The demand for reliable and precise fluid administration in a variety of healthcare settings is driving growth in the medical peristaltic pump market for IV treatment applications. For the proper administration of intravenous fluids, drugs, and nutrients, all crucial for patient care in clinics, hospitals, and at-home healthcare, these pumps guarantee precise delivery. Particularly in critical care and long-term therapy scenarios, their dependability and simplicity of use enhance patient outcomes and safety. Peristalstic pumps are in high demand for IV therapy applications due to the growing prevalence of chronic diseases and the rise in surgical procedures.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Medical Peristaltic Pumps market report 2024 Edition by contacting our team.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses
I played a pivotal role in conducting market research and competitive analysis. I have a demonstrated ability to synthesize diverse data sources, identify trends, and translate findings into actionable recommendations. My collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization. I am committed to maintaining excellence through continuous learning and staying ahead of industry trends. Regular participation in conferences and professional development opportunities keeps my skills sharp and relevant.
Conclusion
Disclaimer:
Application Outlook:{application _title_end}{application _start}Drug DeliveryIV TherapyBlood TransfusionDialysisLaboratory Automation{application_end}{end_user_ title_start}End User Outlook:{end_user_title_end}{end_user_start}H | |
List of Competitors | ICU Medical, Inc, Terumo Corporation, Colder Products Company, Dalian Watson Precision Fluid Control Technology Co., Ltd, WatsonMarlow Fluid Technology Group, SaintGobain Performance Plastics, Advanced Peripherals, Inc., JELCO (Shanghai) Instrument Co., Ltd, Fuji Electric Co., Ltd., IDEX Health Science, LLC, Mindray BioMedical Electronics Co., Ltd, Welch Allyn, Smiths Medical, Sartorius Stedim Biotech SA |
This chapter will help you gain GLOBAL Market Analysis of Medical Peristaltic Pumps. Further deep in this chapter, you will be able to review Global Medical Peristaltic Pumps Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Medical Peristaltic Pumps Market Trends North America Medical Peristaltic Pumps Technological Road Map North America Medical Peristaltic Pumps Market Drivers North America Medical Peristaltic Pumps Market Restraints North America Medical Peristaltic Pumps Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
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Chapter 3 Europe Market Analysis
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Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
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Chapter 10 Market Split by Application Outlook:{application _title_end}{application _start}Drug DeliveryIV TherapyBlood TransfusionDialysisLaboratory Automation{application_end}{end_user_ title_start}End User Outlook:{end_user_title_end}{end_user_start}H Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Medical Peristaltic Pumps market
Chapter 11 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
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