Wheelchair Market Current And Future Market Conditions 2021-2028: Grand View Research Inc.

 Wheelchair Market Growth & Trends

The global wheelchair market size is expected to reach USD 4.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.0% from 2021 to 2028. The Americans with Disabilities Act (ADA) defines a wheelchair as a manually operated or automated device, designed primarily for use by an individual with a mobility disability. It is mainly used for the purpose of indoor or both indoor and outdoor locomotion. Increase in life span and numbers of elderly persons at a global level is one of the key reasons expected to contribute towards the growth of the market.

The growing integration of automation in healthcare devices, especially mobility devices, such as wheelchairs is a key impacting parameter, projected to support market growth. Wheelchairs today are incorporated with non-linear processing circuits, guide sensors, pulse steering drive, and several controls for making the ride easy and smooth for patients.

Rise in number of disorders requiring a mobility device is also one of the key factors expected to contribute to market growth. One of the common disabilities that require a mobility device is the spinal cord injuries. According to the National Spinal Cord Injury Statistical Center’s Facts and Figures at a Glance 2020, there are around 294,000 people currently living with spinal cord injuries (SCI), in the U.S. with 17,810 new cases each year. Thus, the US is expected to be a key potential market for the manufacturers of the mobility device in the years to come.

The recent COVID-19 pandemic affected the manufacturing and supply chain aspect of the manufacturers to a great extent. Wheelchair services were halted across several countries owing to strict lockdowns being implemented. This had left many wheelchair users in a fix. The manufacturers also faced difficulty since their operations were halted. Although the number of hospital visits by regular patients had reduced during the lockdown, the number of patients affected with COVID-19 witnessed a spike. Thus, demand for the mobility device increased during this period, especially from the hospital segment. With the ease of lockdowns, the manufacturing operation of the mobility device is expected to come back to normal.

Request a free sample copy or view report summary: Wheelchair Market Report

Wheelchair Market Report Highlights

• The manual product segment led the segment in terms of revenue share in 2020 owing to its increasing use in hospitals. It is also cost-effective and requires little maintenance
• Rising volume of medical emergencies is a prime factor driving the hospital segment
• The adults segment was the largest in 2020 in terms of revenue share owing to rise in number of disabilities requiring a mobility device such as the spinal cord injuries and an expanding ageing population
• North America dominated the market with a revenue share of 35.0% due to increased adoption of advanced technology in wheelchairs and rise in the disabled population

Access Press Release@ https://www.grandviewresearch.com/press-release/global-wheelchair-market

Wheelchair Market Segmentation

Grand View Research has segmented the global wheelchair market based on product, category, application, and region:

Wheelchair Product Outlook (Revenue, USD Million, 2016 - 2028)

• Manual
• Electric

Wheelchair Category Outlook (Revenue, USD Million, 2016 - 2028)

• Adults
• Pediatric

Wheelchair Application Outlook (Revenue, USD Million, 2016 - 2028)

• Homecare
• Hospitals
• Ambulatory Surgical Centers
• Rehabilitation Centers

Wheelchair Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Columbia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players of Wheelchair Market

• Carex Health Brands, Inc.
• Drive Medical Design & Manufacturing
• Graham-Field Health Products Inc.
• Invacare
• Medline
• Sunrise Medical LLC
• Karman Healthcare
• Quantum Rehab
• Numotion
• Pride Mobility Products Corp.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

HVAC Systems Market to Rise at 5.9% CAGR from 2021 to 2028: Grand View Research Inc.

 

HVAC Systems Market Growth & Trends

The global HVAC systems market size is anticipated to reach USD 197.50 billion by 2028, registering a CAGR of 5.9% over the forecast period, according to a new study by Grand View Research Inc. The rising adoption of energy-efficient and renewable energy products is anticipated to be a significant driving factor for the market. Furthermore, climate changes have rendered heating and cooling equipment a necessity rather than a luxury. Thus, the deteriorating climate condition is likely to positively influence the market over the forecast period. Proactive government initiatives will emerge as market growth drivers over the forecast period.

For instance, under the Taxpayer Relief Act of 2012 (U.S.)-2017, customers can apply for the Federal Energy Tax Credit. Similarly, Australia’s Department of the Environment and Energy has introduced the “discounted energy-efficient air conditioners for households program” that provides a discount ranging between USD 200 to USD 1,000 to New South Wales residents buying high-efficiency air conditioners for household purposes. Several governments worldwide introduce such initiatives to promote product adoption.

In addition, the market is expected to experience healthy growth owing to refurbishment and replacement demand. Several customers are replacing old equipment with new energy-efficient units for energy savings, improved performance, and cost reduction. The factors responsible for the replacement of the HVAC (Heating, ventilation, and air conditioning) unit are the system’s age, building remodeling, poor air quality, and high cost of repair.

The spread of the novel coronavirus in 2020 resulted in the shutting down of production plants across the globe in the first quarter. As a result, several major players recorded substantial revenue drop in the initial part of 2020. However, pent-up demand and increasing awareness about hygienic surroundings have resulted in higher product sales in recent times and are expected to continue in the subsequent years. Overall, the Covid-19 pandemic has had a minor impact on the market and the industry is expected to record steady growth in the years to come.

Request a free sample copy or view report summary: HVAC Systems Market Report

HVAC Systems Market Report Highlights

• The cooling systems segment dominated the market in 2020 and is expected to retain the leading position in the future due to a rise in demand for air conditioning systems across several sectors
• With a steady increase in the global real estate sector, the residential segment captured significant revenue share in 2020
• The segment is expected to grow at a steady CAGR from 2021 to 2028 due to the rising demand from modern households in developing economies
• Middle East & Africa is anticipated to grow at a healthy CAGR over the forecast period owing to the increasing construction activities, growing tourism sector, and rising temperatures in the region
• Since the outbreak of coronavirus, key market players are focused on introducing products that can improve the air quality
• In February 2020, Havells India Ltd. launched Grande Heavy-Duty Air Conditioner under its brand Llyod. The AC features Catechine coated dust filter and Green Bio air filter along with anti-bacterial Eva Coils, which enhances the air quality

Access Press Release of HVAC Systems Market@ https://www.grandviewresearch.com/press-release/global-hvac-systems-equipment-market

HVAC Systems Market Segmentation

Grand View Research has segmented the global HVAC systems market on the basis of product, end-use, and region:

HVAC Systems Product Outlook (Revenue, USD Billion, 2017 - 2028)

• Heating
• Ventilation
• Cooling

HVAC Systems End-use Outlook (Revenue, USD Billion, 2017 - 2028)

• Residential
• Commercial
• Industrial

HVAC Systems Regional Outlook (Revenue, USD Billion, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
  • Spain
  • Italy
  • Latvia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
• South America
  • Brazil
  • Argentina
  • Chile
• Middle East & Africa (MEA)

List of Key Players of HVAC Systems Market

• Carrier Corporation
• Daikin Industries, Ltd.
• Emerson Electric Co.
• Hitachi Ltd.
• Johnson Controls International plc
• Lennox International, Inc.
• Trane Technologies

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

COVID-19 Drug Delivery Devices Market is Projected to Boost USD 2.15 Billion by 2027: Grand View Research Inc.

 COVID-19 Drug Delivery Devices Market Growth & Trends

The global COVID-19 drug delivery devices market size is expected to reach USD 2.15 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.1% from 2022 to 2027. The market is expected to gain significant traction over the forecast period as various nasal drug delivery technologies for administrating COVID-19 vaccines are under clinical and pre-clinical development. For instance, in April 2020, Verndari, Inc. initiated the preclinical trials for coronavirus vaccine using its patented microneedle array dermal patch- VaxiPatch.

The nasal, dermal, and needle-free are alternatives to the traditional syringe vaccine platforms. These devices potentially reduce or eliminate needlestick injuries and reduce the associated treatment costs. According to the research article published in PLUS ONE Journal, November 2019, needlestick injury (NSI) is among a major burden in medical settings, leading to the transmission of infectious diseases, such as hepatitis and HIV.

According to the article published in StatPearls publishing, December 2019, around 2-4% of healthcare workers develop hepatitis C after suffering from needlestick injuries. The CDC further stated that needlestick injuries cost an estimated USD 3,042 per victim annually in the U.S.

Request a free sample copy or view report summary: COVID-19 Drug Delivery Devices Market Report

COVID-19 Drug Delivery Devices Market Report Highlights

• North America is anticipated to capture the largest share in 2021 owing to growing investment by government organizations for vaccine development, the surge in COVID-19 cases, and intensive R&D conducted by the key players
• By product, the prefilled syringe segment is expected to dominate the market in 2021 as these cost-effective delivery devices will be manufactured in bulk quantities for vaccine administration and will be the first among the approved products
• By route of administration, the parenteral segment is expected to dominate the market in 2021 as the injection devices are affordable and are among the easily available devices
• By distribution channel, the hospital pharmacies segment is expected to account for the largest market share in 2021 as these drug delivery devices require medical assistance for vaccine administration
• Market players are adopting several strategies such as significant investment in research and development and product innovation via collaborations with technology providers and universities to gain a significant share in the global market.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-covid-19-drug-delivery-devices-market

COVID-19 Drug Delivery Devices Market Segmentation

Grand View Research has segmented the global COVID-19 drug delivery devices market based on the product, route of administration, distribution channel, and region:

COVID-19 Drug Delivery Devices Product Outlook (Revenue, USD Million, 2020 - 2027)

• Prefilled Syringe
• Needle-free Injectors
• Inhalers
• Patch

COVID-19 Drug Delivery Devices Route of Administration Outlook (Revenue, USD Million, 2020 - 2027)

• Parenteral
• Nasal
• Dermal

COVID-19 Drug Delivery Devices Distribution Channel Outlook (Revenue, USD Million, 2020 - 2027)

• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies

COVID-19 Drug Delivery Devices Regional Outlook (Revenue, USD Million, 2020 - 2027)

• North America
  • The U.S.
  • Canada
• Europe
  • The U.K.
  • Germany
  • France
  • Italy
  • Spain
• Asia Pacific
  • Japan
  • China
  • India
  • South Korea
  • Australia
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players of COVID-19 Drug Delivery Devices Market

• AstraZeneca
• Johnson & Johnson
• Serum Institute of India
• GlaxoSmithKline plc
• Moderna
• Bharat Biotech
• Pfizer
• PharmaJet
• Novawax, Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Preparative And Process Chromatography Market is Expected to Amplify USD 17.26 Billion Value by 2028

 Preparative And Process Chromatography Market Growth & Trends

The global preparative and process chromatography market size is expected to reach USD 17.26 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 11.65% from 2021 to 2028. High demand for monoclonal antibodies, coupled with the growing adoption of preparative chromatographic techniques in the bioprocessing industry, is anticipated to boost the revenue growth in the market over the forecast period.

Moreover, an increase in the number of R&D activities in the pharmaceutical and biotechnology industries is driving the adoption of liquid chromatographic techniques in downstream assays, resulting in the anticipated market growth. In addition, technological developments to advance the final product recovery in terms of yield accelerate and augment the uptake of these techniques across various applications.

Furthermore, expanding application of these techniques has propelled the key players to make strategic investments to increase their revenue share in the space. Companies are actively engaged in the development of new products to meet the changing consumer demands. For instance, in November 2020, Shimadzu Corporation launched “Advanced i-Series” HPLC. This is an improved flagship liquid chromatography model to support remote work.

Chromatography columns are gaining increasing attention in the global space. Companies involved in prepacked chromatography columns consistently innovate new products to gain a reputed market share. Moreover, the integration of preparative chromatography in COVID-19 vaccine development has created lucrative opportunities for the key players to capture the untapped avenues of the market.

Preparative chromatographic techniques are anticipated to register the fastest CAGR throughout the forecast period due to the increasing application in medical research and the drug approval process. The food end-use segment is estimated to exhibit the fastest CAGR over the forecast period owing to the high use of analytical techniques for food safety and food authentication assessment.

Request a free sample copy or view report summary: Preparative And Process Chromatography Market Report

Preparative And Process Chromatography Market Report Highlights

• By product, process chromatography accounted for the largest revenue share in 2020 owing to the growing research activities and adoption of automated systems in the field of biopharmaceuticals
• On the basis of type, the liquid chromatographic segment dominated the market in 2020 owing to the high demand for preparative HPLC in the therapeutic development process
• Based on end use, the pharmaceutical segment held the largest share in 2020 owing to increasing application in drug safety assessment as an analytical tool for qualitative and quantitative analysis
• North America dominated the market in 2020 owing to increasing investments in the development of new resin for the isolation and purification of vaccines. Extensive COVID-19 vaccine development efforts in the region have spurred the market growth as the process significantly relies on the use of chromatography for the characterization
• Asia Pacific is projected to witness the fastest growth over the forecast period. The growing biopharmaceutical sector in the region has increased the demand for antibodies and resins. Extensive R&D activities in the Asian pharmaceutical market result in the growing demand for chromatography products

Access Press Release@ https://www.grandviewresearch.com/press-release/global-preparative-process-chromatography-market

Preparative And Process Chromatography Market Segmentation

Grand View Research has segmented the global preparative and process chromatography market on the basis of product, type, end use, and region:

Preparative And Process Chromatography Product Outlook (Revenue, USD Million, 2017 - 2028)

• Process Chromatography
  • System
    • Multi-use Batch Chromatography Systems
    • Single-use Batch Chromatography Systems
    • Continuous Chromatography Systems   
  • Consumables
    • Reagents
    • Resins
      • Affinity Resins
      • Ion-exchange Resins
      • Size-exclusion Resins
      • Hydrophobic Interaction Resins
      • Reversed Phase Resins
      • Mixed-mode/Multi-mode Resins
    • Columns
      • Prepacked Columns
      • Automated Columns
      • Manual Columns
    • Services
  • Preparative Chromatography
    • System
      • Semi-preparative Chromatography Systems
      • Other Chromatography Systems
    • Consumables
      • Reagents
      • Resins
        • Affinity Resins
        • Ion-exchange Resins
        • Size-exclusion Resins
        • Hydrophobic Interaction Resins
        • Reversed Phase Resins
        • Mixed-mode/Multi-mode Resins
      • Columns
        • Prepacked Columns
        • Empty Columns
      • Services

Preparative And Process Chromatography Type Outlook (Revenue, USD Million, 2017 - 2028)

• Liquid Chromatography
  • HPLC
  • Flash/Column Chromatography
  • Ion-exchange chromatography
  • Size-exclusion chromatography
  • Affinity chromatography
• Gas Chromatography
• Thin Layer Chromatography
• Paper Chromatography
• Gel-permeation (Molecular Sieve) Chromatography
• Hydrophobic Interaction Chromatography

Preparative And Process Chromatography End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Pharmaceutical
• Biotechnology
• Food
• Nutraceutical
• Others

Preparative And Process Chromatography Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
• Asia Pacific
  • Japan
  • China
  • India
• Latin America
  • Brazil
  • Mexico
• MEA
  • South Africa
  • Saudi Arabia

List of Key Players of Preparative And Process Chromatography Market

• GE Healthcare
• Agilent Technologies
• Danaher Corporation
• Bio-Rad Laboratories Inc.
• Merck KGaA
• Thermo Fisher Scientific Inc.
• Shimadzu Corporation
• Novasep Holding S.A.S
• Waters Corporation

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Rapid Medical Diagnostic Kits Market Poised to Expand at a Robust Pace of USD 18.0 Billion Over 2028

 Rapid Medical Diagnostic Kits Market Growth & Trends

The global rapid medical diagnostic kits market size is expected to reach USD 18.0 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.4% from 2021 to 2028. Rapid medical diagnostic kits enhance the speed of etiologic diagnosis of patients affected with chronic ailments. Moreover, speedy diagnosis is of paramount importance in individuals affected with infectious diseases. Thus, an increase in the number of manufacturers keen on exploring this space is driving the revenue in the market.

Key players are focusing on introducing novel medical supplies that require limited operational training, offer convenient usage, and ensure effective analysis. This is expected to propel the demand for rapid medical care among the industry’s target audience, which is inclusive of a general population affected with chronic diseases, coupled with the healthcare professionals determined to recommend an appropriate rapid medical evaluation.

The gradual shift toward point of care (POC) testing is also an important factor boosting the adoption of these test kits. Moreover, the recent pandemic outbreak of COVID-19 has piqued the interest of healthcare professionals in this industry space. High demand for portable testing kits in COVID-19 diagnostics is expected to make a significantly positive impact on the market expansion during the forecast period.

Novel rapid diagnostic tests are being developed that are expected to facilitate the prevention of infections along with antimicrobial stewardship. Newly developed tests are combined with Antimicrobial Stewardship (ASP) to optimize antimicrobial utilization as well as patient outcomes. Moreover, test kits with a broad scope of diagnosis and swift turnaround time are entering the space, offering lucrative opportunities for revenue growth.

For instance, in January 2021, Trinity Biotech’s Captia SARS-CoV-2 IgG ELISA rapid test secured the CE mark. The company has also stated that it has significant capacity for ELISA associated product manufacturewithin their current operations, aiding in speedy commercialization of this test kit across the globe.

Request a free sample copy or view report summary: Rapid Medical Diagnostic Kits Market Report

Rapid Medical Diagnostic Kits Market Report Highlights

• By product, over the counter (OTC) kits dominated the market in 2020 with a share of 54.3%. This is attributed to the routine adoption of OTC rapid diagnostic tests to ensure timely administration of an apt therapeutic intervention
• On the basis of technology, the lateral flow segment held the largest share of 35.1% in 2020. Convenient manufacturing protocols, coupled with low costs associated with the development, have led to the expansion of lateral flow assays into the rapid medical diagnostic market space
• The blood glucose testing application segment is estimated to expand at the fastest CAGR of 4.1% from 2021 to 2028. The imperative need for routine blood glucose monitoring in diabetic patients has contributed to the segment’s revenue generation capacity
• Based on end use, hospitals and clinics accounted for the largest revenue share in 2020 owing to the maximum adoption of rapid medical diagnostic kits
• Market entities are actively participating in the development of rapid medical test products to address the current pandemic outbreak of COVID-19, further intensifying the market competition

Access Press Release@ https://www.grandviewresearch.com/press-release/global-rapid-medical-diagnostic-kit-market

Rapid Medical Diagnostic Kits Market Segmentation

Grand View Research has segmented the global rapid medical diagnostic kits market on the basis of product, technology, application, end use, and region:

Rapid Medical Diagnostic Kits Product Outlook (Revenue, USD Million, 2017 - 2028)

• Over the Counter (OTC) Kits
• Professional Kits

Rapid Medical Diagnostic Kits Technology Outlook (Revenue, USD Million, 2017 - 2028)

• Lateral Flow
• Agglutination
• Solid Phase
• Other Technologies

Rapid Medical Diagnostic Kits Application Outlook (Revenue, USD Million, 2017 - 2028)

• Blood Glucose Testing
• Infectious Disease Testing
• Cardiometabolic Testing
• Pregnancy and Fertility Testing
• Fecal Occult Blood Testing
• Coagulation Testing
• Toxicology Testing
• Lipid Profile Testing
• Other Applications

Rapid Medical Diagnostic Kits End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Hospitals & Clinics
• Home Care
• Diagnostic Laboratories

Rapid Medical Diagnostic Kits Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • Japan
  • China
  • India
  • South Korea
  • Australia
  • Singapore
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players of Rapid Medical Diagnostic Kits Market

• ACON Laboratories, Inc.
• Abbott Laboratories
• Artron Laboratories Inc.
• Alfa Scientific Designs, Inc.
• Becton, Dickinson and Company
• BTNX, Inc.
• bioMérieux SA
• Cardinal Health
• Bio-Rad Laboratories, Inc.
• Danaher Corporation
• Creative Diagnostics
• Meridian Bioscience, Inc.
• Hoffmann-La Roche AG
• McKesson Medical-Surgical, Inc
• Sight Diagnostics Ltd
• Trinity Biotech
• Zoetis

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Bicycle Market to Exhibit Impressive Growth During the Forecast Period: Grand View Research Inc.

 

Bicycle Market Growth & Trends

The global bicycle market size is anticipated to reach USD 92.49 billion by 2028, registering a CAGR of 7.0% over the forecast period, according to a new report by Grand View Research, Inc. Increasing adoption of cycling as a form of leisure and awareness regarding the health benefits associated with cycling are the factors expected to bolster market growth. Bicycles are being preferred for short-distance commutes as they save considerable time as compared to other vehicles. Moreover, limited parking spaces and growing traffic congestions are prompting people to reconsider bicycles as a primary option for the commute.

Rising emphasis on the use of non-polluting vehicles for short-distance commutes by governments across the world is anticipated to positively influence market growth. The fact that bicycles do not emit any pollutants is projected to drive their demand in near future. Moreover, consumers are rapidly moving toward online distribution channels to buy a bicycle due to several key factors, including doorstep delivery and replacement and availability of a variety of products. Also, due to the outbreak of the COVID-19 pandemic, consumers are mainly focused on avoiding crowded places to prevent themselves from virus infections.

The road bicycle is expected to emerge as the fastest-growing segment over the forecast period. These happen to be the most basic bicycles that consumers prefer owing to their ease of use. These cycles do not require any sophisticated equipment required by mountain and hybrid bicycles. This factor is anticipated to bode well for the growth in demand over the forecast period. Moreover, dockless bicycle-sharing systems are expected to gain attention in the coming years as they enable users to locate and electronically unlock a nearby bicycle for rent. Produced originally in Europe, these systems are gaining acceptance, especially in Asian countries, including India and China.

Request a free sample copy or view report summary: Bicycle Market Report

Bicycle Market Report Highlights

• The global market is growing significantly as bike-sharing companies, particularly in Europe and Asia, are investing aggressively in expanding their operations
• The mountain bicycle segment is anticipated to expand at a CAGR exceeding 7% over the forecast period. Rising popularity in line with the increasing media coverage for mountain bicycle racing events and the establishment of new mountain biking circuits are expected to drive the growth
• Apart from being easy to use, electric bicycles can potentially shorten the journey time. Moreover, advances in battery technology have resulted in the advent of lighter rechargeable batteries that can support longer journeys. These factors are attributed to the growth of the electric bicycle segment
• The men segment is expected to expand significantly at a CAGR of over 7.2% over the forecast period as men would continue to outnumber women and kids in terms of opting for a bicycle commute. The number of men opting for bicycle commutation was higher than that of women and kids in 2019
• Asia Pacific was the dominant regional market in 2020 with a revenue share exceeding 34%. Governments in Asian nations, particularly Japan, China, and Singapore, among others, are investing aggressively in establishing the infrastructure necessary to encourage and support bicycle commutation
• Leading market incumbents are Accell Group; Dorel Industries Inc.; Giant Bicycles; Merida Industry Co., Ltd.; and Trek Bicycle Corporation. They dominated the market in 2020 leveraging a continuous emphasis on expanding their market share through mergers and acquisitions

Access Press Release of Bicycle Market@ https://www.grandviewresearch.com/press-release/global-bicycle-market

Bicycle Market Segmentation

Grand View Research has segmented the global bicycle market based on product, technology, end user, distribution channel, and region:

Bicycle Product Outlook (Revenue, USD Million, 2016 - 2028)

• Mountain Bicycle
• Hybrid Bicycle
• Road Bicycle
• Others

Bicycle Technology Outlook (Revenue, USD Million, 2016 - 2028)

• Electric
• Conventional

Bicycle End-user Outlook (Revenue, USD Million, 2016 - 2028)

• Men
• Women
• Kids

Bicycle Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Online
• Offline

Bicycle Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa

List of Key Players of Bicycle Market

• Accell Group
• Atlas Cycles (Haryana) Ltd.
• Avon Cycles Ltd.
• Cervelo
• Dorel Industries Inc.
• Giant Bicycles
• Merida Industry Co., Ltd
• Specialized Bicycle Components, Inc.
• SCOTT Sports SA
• Trek Bicycle Corporation

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Leisure Boat Market Detail Outlook & Analysis During 2021-2028

 

Leisure Boat Market Growth & Trends

The global leisure boat market size is expected to reach USD 57.92 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.5% from 2021 to 2028. The increasing popularity of marine and coastal tourism, coupled with the growing inclination toward yachting as a recreational activity, is a primary factor driving the market. Although the ongoing Covid-19 pandemic has proved to be a major hindrance for the market, the gradual re-opening of the economies and eased restrictions are paving the way to bring the market back on track. Besides, the growing urge among masses to involve in leisure activities in the post-lockdown period further presents bright opportunities for the market over the forecast period.

The tourism industry has changed drastically over the last few years with the increasing popularity of marine and coastal tourism activities. The world economy is witnessing healthy growth and markets, such as the U.S., are witnessing growth in the per-capita income of the individuals, which, in turn, has resulted in a rise in the disposable income of consumers. A rise in the number of High-Net-Worth Individuals (HNWIs) is expected to drive consumers to spend more on leisure activities, thus boosting demand for recreational boats.

The increasing number of boat shows and water sporting events are attracting a large number of boaters worldwide. The leading manufacturers are sponsoring boat shows and events, which, in turn, is enhancing the popularity of leisure boats. North America is poised to remain the most prominent region in terms of revenue generation during the forecast period. The rising demand for recreational watercraft is driven by factors such as improving economic conditions and the rising disposable income of consumers in the region. The U.S. is anticipated to witness significant growth over the forecast period. Demand in the country is majorly driven by factors such as the increasing number of high-net-worth individuals and the growing popularity of water sports and fishing activities.

Furthermore, there are changes taking place in boat building, such as the adoption of IoT technology that enables appliances, physical structures, vehicles, smartphones, wearable devices, and heavy equipment to be connected, while facilitating an exchange of information through a single network. The connected boat provides enhanced safety, security, and accuracy, while also improving the efficiency of the boat by digitalizing and optimizing various functions.

Measures taken by various governments to promote tourism activities in their countries are also boosting the market growth. Countries with rich natural resources, such as vast coastlines and large inland water bodies, are undertaking initiatives to promote recreational boating activities to increase their tourism business. Countries such as the U.S. have a vast coastline, a highly developed infrastructure, and a large population that participates in leisure boating activities, thus opening new growth opportunities for the market. Additionally, the French government is encouraging yacht manufacturers by providing them support in various forms, thus enabling them to invest in expanding their yacht maintenance and construction capacities.

Request a free sample copy or view report summary: Leisure Boat Market Report

Leisure Boat Market Report Highlights    

• Leisure boats are projected to witness a strong growth in demand owing to the initiatives taken by the governments worldwide for the development of coastal and marine tourism and the rising disposable income of citizens in emerging economies
• Sports yachts are expected to witness greater demand in developed countries owing to the active participation of people in marine sporting events as well as recreational boating activities
• Boat manufacturers are increasingly organizing boat shows worldwide to attract a greater number of potential buyers, and thereby expand their customer base
• By type, the used leisure boat segment held the largest revenue share of over 76.0% in 2020 owing to the prompt and easy availability and relatively lower cost
• North America held the largest revenue share of more than 45.5% in 2020 owing to the greater demand for recreational activities across the region, especially in the U.S.
• Key players in the market include Avon Marine; Azimut Benetti Group; Baja Marine; Bavaria Yachtbau GmbH; Bombardier Recreational Products (BRP) Inc.; Brunswick Corporation; Ferretti S.P.A.; and Fountain Powerboats, Inc.

Access Press Release@ https://www.grandviewresearch.com/press-release/leisure-boat-market

Leisure Boat Market Segmentation

Grand View Research has segmented the global leisure boat market based on type and region:

Leisure Boat Type Outlook (Revenue, USD Billion, 2016 - 2028)

• New Leisure Boat
  • Motorized/Power Boats
    • Personal Watercraft
    • Outboard Boats
    • Yachts
      • Yacht Type
        • Super Yachts
        • Flybridge Yachts
        • Sport Yachts
        • Long Range Yachts
        • Others
      • Yacht Length
        • Up to 20 ft.
        • 20-50 ft
        • Above 50 ft.
      • Other 
    • Non-motorized Boats
      • Kayaks
      • Canoes
      • Others
    • Used Leisure Boat
      • Motorized/Power Boats
        • Personal Watercraft
        • Outboard Boats
        • Yachts
          • Yacht Type
            • Super Yachts
            • Flybridge Yachts
            • Sport Yachts
            • Long Range Yachts
            • Others
          • Yacht Length
            • Up to 20 ft.
            • 20-50 ft
            • Above 50 ft.
          • Other 
        • Non-motorized Boats
          • Kayaks
          • Canoes
          • Others
        • Monitoring Equipment
          • Boat and Yacht Monitoring Solutions
          • IoT Sensors
            • Water Detection Sensors
            • Voltage Meters
            • Temperature And Motion Sensors
            • Others
          • Telematics Solutions
          • Others

Leisure Boat Regional Outlook (Revenue, USD Billion, 2016 - 2028)

• North America
  • US.
  • Mexico
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Sweden
  • Spain
• Asia Pacific
  • India
  • China
  • Japan
  • Singapore
  • South Korea
• South America
  • Brazil
• Middle East & Africa (MEA)

List of Key Players in the Leisure Boat Market

• Avon Marine
• Azimut Benetti Group
• Baja Marine
• Bavaria Yachtbau GmbH
• Bombardier Recreational Products (BRP) Inc.
• Brunswick Corporation
• Chaparral Boats, Inc.
• Farr Yacht Design, Ltd.
• Ferretti S.P.A.
• Fountain Powerboats, Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Monopolar Electrosurgery Instrument Market Expectations Acme Prominent Development in Developed Regions, Details Gvr Study

 Monopolar Electrosurgery Instrument Market Growth & Trends

The global monopolar electrosurgery instrument market size is expected to reach USD 3.0 billion by 2027, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.2% from 2021 to 2027. monopolar electrosurgery instrument are majorly used in gynecology and urology procedures to precisely cut and extract tissues. The devices are most commonly used in Laparoscopic Ovarian Drilling (LOD) procedures to manage Polycystic Ovary Syndrome (PCOS). According to the Centers for Disease Control and Prevention (CDC), PCOS is among the major cause of female infertility, affecting 6 - 12% or 5 million U.S. women between the 18-45 age group.

Frequent product launch, increasing prevalence of chronic conditions, and growing preference for minimally invasive procedures have augmented the demand for monopolar electrosurgery devices. For instance, in September 2019, Ethicon, a Johnson and Johnson subsidiary launched a MEGADYNE MEGA SOFT universal plus reusable patient return electrode. The dispersal electrode eliminates adhesive-related injuries and is eco-friendly.

The market is highly fragmented with presence of large number of local manufacturers in developing regions. These companies offer technologically advanced products at competitive prices. Local manufacturing helps in keeping the final product prices minimum. Major market players are focusing to set manufacturing units in Asian countries such as China and India.

Request a free sample copy or view report summary: Monopolar Electrosurgery Instrument Market Report

Monopolar Electrosurgery Instrument Market Report Highlights

• North America accounted for the largest revenue share in 2020 owing to the factors such aspresence of key players, increasing prevalence of chronic diseases, and the presence of trained professionals
• By type, the generators segment is expected to register the highest CAGR during the forecast period owing to the high surgical efficacy offered by the device
• By application, the cardiovascular segment is expected to register the highest CAGR during the forecast period owing to the increasing prevalence of the condition due to changing lifestyle and geriatric population
• By end use, the hospital segment accounted for the largest market share owing to the increasing adoption of advanced devicesand growing preference for minimally invasive procedures

Access Press Release@ https://www.grandviewresearch.com/press-release/global-monopolar-electrosurgery-instrument-market

Monopolar Electrosurgery Instrument Market Segmentation

Grand View Research has segmented the global monopolar electrosurgery instrument market based on type, application, end use, and region.

Monopolar Electrosurgery Instrument Type Outlook (Revenue, USD Million, 2016 - 2027)

• Hand Instrument
• Generator
• Dispersive electrodes
• Accessories

Monopolar Electrosurgery Instrument Application Outlook (Revenue, USD Million, 2016 - 2027)

• General surgery
• Neurosurgery
• Cardiovascular surgery
• Others

Monopolar Electrosurgery Instrument End-use Outlook (Revenue, USD Million, 2016 - 2027)

• Hospitals
• Specialty clinics
• Ambulatory Surgical centers

Monopolar Electrosurgery Instrument Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
• Asia Pacific
  • Japan
  • China
  • India
  • South Korea
  • Australia
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players of Monopolar Electrosurgery Instrument Market

• Conmed
• Olympus Corporation
• Medtronic Plc
• KLS Martin
• Braun Melsungen AG
• Stryker
• Apyx Medical Corporation
• Johnson & Johnson
• Integra LifeSciences
• Stingray Surgical Products, LLC
• Surgical Holdings

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Radiation Oncology Market is Anticipated to Rise at a CAGR of 7.0% by 2028: Grand View Research Inc.

 

Radiation Oncology Market Growth & Trends

The global radiation oncology market size is expected to reach USD 11.7 billion by 2028, registering a CAGR of 7.0% over the forecast period, according to a new report by Grand View Research, Inc. The rising incidence of cancer and technological advancement in radiation therapy equipment are some of the major factors driving the growth of the market.

There have been various technological advancements in radiotherapy equipment over the last decade, which has been a major factor for growth. Advancement from 2D to 3D conformal radiotherapy, motion tracking, and real-time imaging has helped improve radiation targeting and thereby reduce exposure to the surrounding healthy tissues. For instance, Accuray Incorporated introduced its motion monitoring and correction tools, Synchrony, for the Radixact device in April 2019. In contrast to traditional radiotherapy devices, this technology increases dosage accuracy and treatment times and is comparatively more effective.

Strategies such as partnerships, innovative product launches, and acquisitions are the priority of major players in the industry. For instance, in February 2020, Varian received FDA 510K clearance for its Ethos Therapy. It is an AI-driven solution designed to deliver an entire adaptive treatment plan in 15 minutes, including patient set-up to treatment delivery. In December 2019, Elekta signed a non-binding MoU with ViewRay, Inc. for the advancement of the knowledge and application of MR-LINACs.

According to an article published in Seminars in Radiation Oncology in 2017, it is expected that in low- and middle-income countries alone, more than 12,000 additional treatment machines will be needed by 2035. Besides, by 2035, it is projected that China, India, and Brazil will need over 3,800, 1,200, and 400 additional equipment, respectively. Companies are taking several initiatives to meet this demand. For instance, in 2019, Tata Trust signed a 3-year agreement with Varian Medical Systems Inc. for the installation of new advanced radiotherapy equipment in India, to improve patient access to treatment.

However, the lack of skilled radiotherapy professionals is expected to be a major restraining factor for the growth of the market, particularly in developing countries. The recommended number of radiation oncologists in the developed world is around 4 per million population. There are around 0.8 radiation oncologists per million population in India. Similar is the situation in other countries in the Indian sub-continent.

Request a free sample copy or view report summary: Radiation Oncology Market Report

Radiation Oncology Market Report Highlights

• Due to the high availability of External Beam Radiation Therapy (EBRT) equipment and penetration of innovative diagnostic instruments and understanding of available treatment options, EBRT dominated the market in 2020
• In IBRT application, the prostate cancer segment dominated the market in 2020, majorly due to the promising applications for brachytherapyin the treatment of prostate cancer
• In 2020, North America dominated the market and accounted for a revenue share of more than 44.0%. Favorable reimbursement policies, quality of healthcare infrastructure, and the presence of key players in the region are some of the factors driving the market in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/global-radiation-oncology-market

Radiation Oncology Market Segmentation

Grand View Research has segmented the global radiation oncology market on the basis of type, technology, application, and region:

Radiation Oncology Type Outlook (Revenue, USD Million, 2017 - 2028)

• EBRT
  • Linear Accelerators (Linacs)
  • Compact Advanced Radiotherapy Systems
    • Cyberknife
    • Gamma Knife
    • Tomotherapy
  • Proton Therapy
    • Cyclotron
    • Synchrotron
  • Internal Beam Radiation Therapy
    • Brachytherapy
      • Seeds
      • Applicators and Afterloaders
      • Electronic Brachytherapy
    • Systemic Beam Radiation Therapy
    • Others

 Radiation Oncology Technology Outlook (Revenue, USD Million, 2017 - 2028)

• EBRT 
  • Image-Guided Radiotherapy (IGRT)
  • Intensity Modulated Radiotherapy (IMRT)
  • Stereotactic Technology
  • Proton Beam Therapy
  • 3D Conformal Radiotherapy (3D CRT)
  • Volumetric Modulated Arc Therapy (VMAT)
• Brachytherapy
  • Low-Dose Rate Brachytherapy
  • High-Dose Rate Brachytherapy

Radiation Oncology Application Outlook (Revenue, USD Million, 2017 - 2028)

• EBRT
  • Prostate Cancer
  • Breast Cancer
  • Lung Cancer
  • Head and Neck Cancer
  • Colorectal Cancer
  • Others
• Internal Beam Radiation Therapy
  • Prostate Cancer
  • Gynecological Cancer
  • Breast Cancer
  • Cervical Cancer
  • Penile Cancer
  • Others

Radiation Oncology Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • Spain
  • Italy
  • Russia
  • France
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Singapore
• Latin America
  • Mexico
  • Brazil
  • Argentina
• MEA
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players of Radiation Oncology Market

• Varian Medical Systems, Inc.
• Elekta AB
• Accuray Incorporated
• Ion Beam Applications (IBA)
• R. BARD, INC. (BD)
• Isoray Medical
• Mevion Medical Systems, Inc.
• Nordion Inc.
• NTP Radioisotopes SOC Ltd.
• Curium Pharma
• Viewray Technologies, Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Demand Blood Glucose Monitoring Devices Market Increasing in Most Part of World 2028

 Blood Glucose Monitoring Devices Market Growth & Trends

The global blood glucose monitoring devices market size is expected to reach 19.6 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.6% from 2021 to 2028. The market growth is propelled by the rising diabetes prevalence worldwide and increasing geriatric population. Moreover, rising awareness about diabetes preventive care and new product launches are expected to boost market growth.

Blood glucose monitoring (BGM) devices are used to measure blood glucose levels in diabetes patients. These devices help in analyzing glucose level pattern as it provides continuous and real-time blood sugar reading. It also helps patients to decide the amount of food intake and dosage of insulin. Furthermore, factors such as sedentary lifestyle, consumption of junk food and alcohol, smoking, and surge in the need for safer and faster diagnosis are propelling the market growth.

Obesity is also one of the major factors in propelling the prevalence of diabetes. According to the WHO, over 650 million people were obese in 2016 and this number is expected to grow further during the forecast period. Additionally, the market is expected to witness a high growth rate during the forecast period due to the continuous efforts for diabetes control by government and healthcare organizations, such as the International Diabetes Federation (IDF). Such organizations provide the required expertise and support diabetes awareness campaigns through a network of stakeholders and partners. Moreover, increasing health care funding is anticipated to propel the market growth.

Request a free sample copy or view report summary: Blood Glucose Monitoring Devices Market Report

Blood Glucose Monitoring Devices Market Report Highlights

• North America held the largest market share in 2020 owing to favorable reimbursement policies, local presence of key players, and supportive government initiatives
• Based on product, the self-monitoring devices segment held the largest market share in 2020 and is expected to grow at a significant pace over the forecast period. The testing strips segment of self-monitoring devices held the largest share of more than 40.0% in 2020 and is projected to grow at a healthy CAGR over the forecast period
• The continuous blood glucose monitoring devices segment is expected to be the fastest-growing segment during the forecast period
• By end-use, the home care segment is expected to grow at a rapid pace during the forecast period

Access Press Release@ https://www.grandviewresearch.com/press-release/global-blood-glucose-monitoring-devices-market

Blood Glucose Monitoring Devices Market Segmentation

Grand View Research has segmented the global blood glucose monitoring devices market on the basis of product, end-use, and region:

Blood Glucose Monitoring Devices Product Outlook (Revenue, USD Million, 2016 - 2028)

• Self-monitoring Devices
  • Blood Glucose Meter
  • Testing Strips
  • Lancets
• Continuous Blood Glucose Monitoring Devices
  • Sensors
  • Transmitter & Receiver
  • Insulin Pumps

Blood Glucose Monitoring Devices End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Home Care
• Diagnostic Centers

Blood Glucose Monitoring Devices Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
  • Poland
  • Russia
  • Ukraine
  • Belarus
  • Turkey
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Kazakhstan
  • Uzbekistan
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players of Blood Glucose Monitoring Devices Market

• Abbott Laboratories
• Medtronic plc
• Hoffmann-La Roche Ltd.
• Bayer AG
• Lifescan, Inc.
• Dexcom, Inc.
• Sanofi
• Elly Lilly and Company
• B Braun Melsungen AG

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.