Mesotherapy Market Latest Trends, Industry Growth And Forecast To 2028: Grand View Research Inc.

 Mesotherapy Market Growth & Trends

The global mesotherapy market size is expected to reach USD 1.0 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 14.4% from 2021 to 2028. The rise in the adoption of cosmetic procedures, increasing awareness about personal appearance among the middle-aged population, and the growth in the number of cosmetic clinics offering mesotherapy are expected to drive the growth of the market. Furthermore, the non-invasive nature of the procedure and comparatively reasonable costs are the significant factors boosting the market.

The effective cost, rising medical tourism, and the growing awareness of mesotherapy worldwide have further resulted in the rise in the number of professionals and clinics in many countries. The increase in the number of institutes offering courses related to therapy and the efforts of the International Society of Mesotherapy to ensure the right training for its members has led further to effective results and improve the demand in the market in recent years. Furthermore, the manufacturing units are trying to increase awareness and promote the right guidance and training related to the therapy to ensure effective procedures and results.

The rising consumer disposable incomes along with the rise in concern pertaining to aesthetic appearance support the rise in consumer footfall. In addition, the growing aging concerns, varying climatic conditions, lifestyle changes, and stress are contributing to the growing demand for mesotherapy. Moreover, the wide distribution network of the manufacturing companies has enabled the availability of the products in many countries worldwide. Moreover, the growing media and internet penetration further boost the awareness, knowledge, and quick accessibility of products. For instance, the suppliers such as Direct Derma Supplies, Mesotreat, Fillerworld, and Skin Heal facilitate online selling and delivery of products worldwide.

The ongoing Covid-19 pandemic has severely impacted the market. The travel restrictions and lockdown have impacted consumer footfall for procedures drastically. In addition, the challenges in the availability of products due to export and import restrictions are likely to further impact the overall market growth.

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Mesotherapy Market Report Highlights

• The mesotherapy solutions segment dominated the market in terms of revenue share in 2020 as it is the core ingredient required in the majority of the therapy procedures for skin, hair, and body
• On the other hand, the mesotherapy devices segment is expected to witness the fastest growth rate over the forecast period as they are deployed in the majority of the procedures to facilitate the penetration of products related to the therapy. The technological advancements in the devices are leading to efficient and quick procedures further propelling the adoption of the therapy
• In 2020, the anti-aging segment held a majority of the revenue share owing to the rise in the middle-aged population, the rising disposable income, and the low-cost procedure
• Facial rejuvenation is expected to be the fastest-growing segment over the forecast period considering the rise in awareness and adoption. In addition, rising concerns regarding the aesthetic appearance and the growing media and internet penetration are fueling market growth and awareness for anti-aging procedures and products
• The dermatology and cosmetic clinics segment dominated the market in terms of revenue share in 2020 owing to the rise in the number of professionals and clinics. The low-cost expense, and quicker and outpatient procedures, and availability of the products have led to higher adoption of solo-practice in mesotherapy
• In 2020, Europe held the highest market share owing to the rise in local manufacturers, the growing middle-age population, and the increasing concern regarding aesthetic appearance in the region
• In Asia Pacific, the market is expected to witness the fastest growth rate over the forecast period owing to the rising awareness, low-cost procedure, growing middle-aged population, rising disposable income, and availability of products

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Mesotherapy Market Segmentation

Grand View Research has segmented the global mesotherapy market based on type, application, end-use, and region:

Mesotherapy Type Outlook (Revenue, USD Million, 2016 - 2028)

• Mesotherapy Solutions
• Mesotherapy Masks
• Mesotherapy Creams
• Mesotherapy Devices
• Others

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

• Anti-aging
• Facial Rejuvenation
• Stretch Marks
• Acne & Scar Treatment
• Fat Loss
• Hair Loss
• Others

Mesotherapy End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Dermatology & Cosmetic Clinics
• Others

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

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

List of Key Players of Mesotherapy Market

• Mesoskinline
• Koru Pharmaceuticals
• Fusion Meso
• Toskani Cosmetics
• Perse Belle
• Dermo Aroma
• Pluryal
• Messoessence

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.

U.S. Wound Care Centers Market Expected to Witness a Sustainable Growth over 2028: Grand View Research Inc.

 U.S. Wound Care Centers Market Growth & Trends

The U.S. wound care centers market size is expected to reach USD 18.1 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.3% from 2021 to 2028. The increasing awareness regarding the use of Hyperbaric Oxygen Therapy (HBOT), for chronic injuries and the growing geriatric population prone to various conditions, is anticipated to drive the market. According to a report by the U.S. Census Bureau, in June 2020, the geriatric population grew by around 34.2% over the last decade.

The growing incidences of conditions such as foot ulcers, pressure sores, sun radiation sores, caused by diabetes, and disease caused by abnormal blood circulation are expected to fuel the market in the future. The rising prevalence of diabetes is also expected to fuel the market over the next few years. According to the American Diabetes Association, approximately 34.2 million of the population had diabetes in 2018, out of which 14.3 million adults above the age of 65 years suffered from the disease. Patients with diabetes develop slow-healing wounds, that allow injuries to rot easily thus causing various complications such as infection near the tissue or bone.

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U.S. Wound Care Centers Market Report Highlights

• The Hyperbaric Oxygen Therapy (HBOT) segment dominated the market in 2020 due to its high success rate and growing demand for treating chronic injuries such as diabetic foot ulcers and arterial ulcers
• As per an article in the American Journal of Managed Care (AMJC), approximately 230 amputations due to diabetes are reported in the U.S., every year
• The HBOT procedures are expected to witness one of the fastest growth rates during the forecast period due to the increasing awareness about their benefits in injury healing. For instance, in March 2019, Jefferson Wound Care Center included HBOT in its service portfolio to provide better treatment to patients with non-healing injuries
• The availability of reimbursement and regulatory updates promotes the adoption of wound care treatment. For instance, the CMS included reimbursement for HBOT for treating diabetic injuries in the lower extremities of patients
• To facilitate wound careduring the COVID-19 pandemic, many injury care providers launched several programs in order to treat the patients remotely. For instance, Healogics, Inc., launched its Telehealth Program, to more than 600 injury care centers and 4,000 associated injury care providers
• The market for wound care centersin the U.S. is highly competitive in nature

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U.S. Wound Care Centers Market Segmentation

Grand View Research has segmented the U.S. wound care centers market on the basis of procedure:

U.S. Wound Care Centers Procedure Outlook (Revenue, USD Million, 2016 - 2028)

• Debridement
• Negative pressure wound therapy
• Compression therapy
• Hyperbaric oxygen therapy
• Specialized dressings
• Infection control and Others

List of Key Players of the U.S. Wound Care Centers Market

• Baptist Health South Florida
• TOWER WOUND CARE CENTER
• SNF Wound Care
• Wound Care Center NYC
• WOUND INSTITUTE OF AMERICA
• EmergeOrtho
• North Shore Health and Hyperbarics
• Natchitoches Regional Medical Center
• Schoolcraft Memorial Hospital
• Clarion Hospital
• Healogics, 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.

Patient Monitoring Devices Market Poised to Expand at a Robust Pace Over 2028: Grand View Research Inc.

 Patient Monitoring Devices Market Growth & Trends

The global patient monitoring devices market size is expected to reach USD 73.5 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.8% from 2021 to 2028. The growth is attributed to technological advancement in patient monitoring devices as well as the increasing number of hospital admissions globally.

The COVID-19 has increased the demand for monitoring devices at home and reduced frequent visits to hospitals. The situation has also changed consumer behavior, purchasing, and demand pattern. The COVID-19 pandemic has brought into sharp focus the need to harness and leverage digital infrastructure for remote patient monitoring. Besides, the combination of remote patient monitoring and telehealth is likely to improve the delivery of at-home healthcare.

Supporting initiatives by the private and public sectors to help COVID-19 patients globally is also driving the market. For instance, the World Health Organization in February 2021, has distributed 30,000 oxygen concentrations globally. Also, Invacare Corporation witnessed 72.2% sales of respiratory products in the fourth quarter of 2020.

Besides, there has been an increase in the prevalence of chronic diseases such as cancer, diabetes, and hypertension across the globe. According to the Centers for Disease Control and Prevention (CDC), over 100.0 million people have hypertension in the U.S. this further increased risk of heart disease. A growing number of such disorders globally is increasing the demand for patient monitoring devices.

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Patient Monitoring Devices Market Report Highlights

• The cardiac monitoring devices segment accounted for the largest revenue share of 19.5% in 2020 owing to the high demand for wearable cardiac monitoring devices. The system records patient’s physiological data via wearable sensors, for instance, measuring the oxygen level and pulse rate
• The blood glucose monitoring devicessegment is expected to show lucrative growth during the forecast period owing to the growing number of diabetic patients who require monitoring devices to keep track of their health
• The hospitals segment accounted for the largest revenue share of 51.3% in 2020 due to the high demand for various monitoring devices to monitor patients at hospitals
• North America dominated the market and accounted for the largest revenue share 42.7% in 2020 owing to the presence of dominant market players, well-established reimbursement policies, high healthcare expenditure, and high adoption rate of advanced medical technologies

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Patient Monitoring Devices Market Segmentation

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

Patient Monitoring Devices Product Outlook (Revenue, USD Billion, 2016 - 2028)

• Blood Glucose Monitoring Systems
  • Self-monitoring Blood Glucose Systems
  • Continuous Glucose Monitoring Systems
• Cardiac Monitoring Devices
  • ECG Devices
  • Implantable Loop Recorders
  • Event Monitors
  • Mobile Cardiac Telemetry Monitors
  • Smart/Wearable ECG Monitors
• Multi-parameter Monitoring Devices
  • Low-acuity Monitoring Devices
  • Mid-acuity Monitoring Devices
  • High-acuity Monitoring Devices
• Respiratory Monitoring Devices
  • Pulse Oximeters
  • Spirometers
  • Capnographs
  • Peak Flow Meters
• Temperature Monitoring Devices
  • Handheld Temperature Monitoring Devices
  • Table-top Temperature Monitoring Devices
  • Wearable Continuous Monitoring Devices
  • Invasive Temperature Monitoring Devices
  • Smart Temperature Monitoring Devices
• Hemodynamic/Pressure Monitoring Devices
  • Hemodynamic Monitors
  • Blood Pressure Monitors
  • Disposables
• Fetal & Neonatal Monitoring Devices
  • Fetal Monitoring Devices
  • Neonatal Monitoring Devices
• Neuromonitoring Devices
  • Electroencephalograph Machines
  • Electromyography Machines
  • Cerebral Oximeters
  • Intracranial Pressure Monitors
  • Magnetoencephalograph Machines
  • Transcranial Doppler Machines
• Weight Monitoring Devices
  • Digital
  • Analog
• Other Patient Monitoring Devices

Patient Monitoring Devices End-use Outlook (Revenue, USD Billion, 2016 - 2028)

• Hospitals
• Ambulatory Surgery Centers
• Home Care Settings
• Others

Patient Monitoring Devices Regional Outlook (Revenue, USD Billion, 2016 - 2028)

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

List of Key Players of Patient Monitoring Devices Market

• Honeywell
• American Telecare
• Roche
• Philips Healthcare
• Bosch
• Biotronik
• Intel
• Welch Allyn
• Health anywhere Inc.
• Johnson & Johnson
• Covidien Plc.

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.

U.S. Tissue Diagnostics Market Set to Witness an Uptick during 2021 to 2028: Grand View Research Inc.

 U.S. Tissue Diagnostics Market Growth & Trends

The U.S. tissue diagnostics market size is estimated to reach USD 2.81 billion by 2028, registering a CAGR of 3.91% over the forecast period, according to a new report by Grand View Research, Inc. Pivotal factors supplementing the market growth include continuous rise in the cases of cancer, growth in organ transplantation & donation, and increased acceptance toward personalized medicine & companion diagnostics in the U.S. Increase in the number of research activities targeted toward the development of novel tissue diagnostics solutions is also expected to drive the market.

The field of anatomic pathology has witnessed a paradigm shift, which can be attributed to the exponential growth in cancer incidence in the U.S., thereby expanding the clinical pathology industry. Also, steady convergence of molecular pathology with anatomic pathology, steep adoption of novel biopsies for cancer detection, and integration of digital technologies is expected to collaboratively make a positive impact on market growth.

Tissue analysis provides significant information, which is difficult to understand using conventional molecular techniques. Currently, companion diagnostic tests are rapidly being adopted by pharmaceutical companies for obtaining first-line therapy designations/approvals for their products. In addition, their use in the identification of patient cohorts, which are likely to benefit from targeted therapeutics, has increased the significance of tissue diagnostics in the development of precision medicine.

In addition, the field of tissue diagnostics has witnessed gradual evolution with the introduction of upgraded technologies, including Fluorescence In Situ Hybridization (FISH), Immunohistochemistry (IHC), Immunofluorescence (IF), comparative genomic hybridization, and Next-Generation Sequencing (NGS). Key players are focused on identifying novel biomarkers and developing assays for advanced cancer diagnosis. Furthermore, companies are conducting biomarker pathologist training programs to boost the adoption rate of modern pathological solutions.

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U.S. Tissue Diagnostics Market Report Highlights

• The IHC segment held the highest revenue share of over 28% in 2020. The segment’s dominance is attributed to the wide acceptance of IHC across clinical laboratories for different workflows
• These workflows include tissue examination targeted toward disease prognosis and anticipating therapeutic response among patients with cancer
• The digital pathology segment is anticipated to register the fastest CAGR during the forecast period mainly due to heavy investments in infrastructure as well as an onsite server for image digitization
• In addition, the lack of skilled pathologists has propelled the demand for automated systems in disease diagnosis, thereby boosting the segment growth
• An increase in the prevalence of breast cancer along with the launch of novel products dedicated to breast cancer detection have led to the dominance of this application segment
• Moreover, the advent of genomic technologies aimed at gaining a better understanding of the genetic markup of a tumor is further offering lucrative growth opportunities to companies
• The market players are investing significantly in novel product development and acquisition of small players to increase their revenue share

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U.S. Tissue Diagnostics Market Segmentation

Grand View Research has segmented the U.S. tissue diagnostics market on the basis of technology & product and application:

U.S. Tissue Diagnostics Technology & Product Outlook (Revenue, USD Million, 2017 - 2028)

• Immunohistochemistry
  • Instruments
    • Slide Staining Systems
    • Tissue Microarrays
    • Tissue Processing Systems
    • Slide Scanners
    • Other Products
  • Consumables
    • Reagents
    • Antibodies
    • Kits
  • In situ Hybridization
    • Instruments
    • Consumables
    • Software
  • Primary & Special Staining
    • H&E Staining
    • Special Staining
  • Digital Pathology &Workflow
    • Whole Slide Imaging
    • Image Analysis Informatics
    • Information Management System Storage & Communication
  • Anatomic Pathology
    • Instruments
      • Microtomes & Cryostat Microtomes
      • Tissue Processors
      • Automatic Strainers
      • Other Products
    • Consumables
      • Reagents & Antibodies
      • Probes & Kits
      • Others

U.S. Tissue Diagnostics Application Outlook (Revenue, USD Million, 2017 - 2028)

• Breast Cancer
• Non-Small Cell Lung Cancer (NSCLC)
• Prostate Cancer
• Gastric Cancer
• Other Cancers

List of Key Players of U.S. Tissue Diagnostics Market

• Merck KGaA
• Thermo Fisher Scientific, Inc.
• Hoffmann-La Roche Ltd.
• Abbott Laboratories
• Siemens Healthineers AG
• Danaher
• bioMérieux SA
• QIAGEN
• Becton, Dickinson & Company (BD)
• Agilent Technologies, Inc.
• General Electric Company (GE Healthcare)
• BioGenex
• Cell Signaling Technology, Inc.
• Bio SB
• DiaGenic ASA
• Sakura Finetek Japan Co., Ltd.
• Abcam plc
• Enzo Life Sciences, Inc.
• VITRO SA (Master Diagnóstica)
• TissueGnostics GmbH

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.

U.S. School Furniture Market Size Is Expected To Reach USD 2.76 Billion by 2028

 U.S. School Furniture Market Growth & Trends

The U.S. school furniture market size is expected to reach USD 2.76 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.6% from 2021 to 2028. According to the National Center for Education Statistics, the number of public elementary schools increased from 98.2 thousand in 2017 to 98.5 thousand in 2018. Similarly, the number of public secondary schools increased from 66.8 thousand in 2017 to 67.4 thousand in 2018. Thus, an increasing number of schools is resulting in higher demand for school furniture.

The growing demand for flexible seating in classrooms is also expected to drive the product demand. This school furniture is designed on evolving space configurations and can help check the rising posture problems in children. These allow children to be more posture-correct and provide comfortable ergonomic options. Multiple seating options including chairs, yoga balls, couches, and springy stools have been gaining traction.

In November 2020, MiEN Company, which serves the education industry with innovative furniture products that promote and support active and interactive learning environments, introduced new product offerings to help institutions take active learning spaces to a new level. One such product is a DIY backless chair. The product is designed for active learning environments that encourage students to strengthen their core in a ready-to-learn position. Its backless design allows the chair to be easily stored away under tables when students prefer to stand. These chairs are light, easy to move, and optimize space because they are easy to stack.

School furniture plays an important role in the overall learning environment. Students spend as long as 9 hours at their desks every day and hence, classroom ergonomics play an important role in schools. Institutions have been increasingly focusing on school furniture and ensuring that it’s suitable for the pupils, allows movement, and invariably encourages a good posture. It is recommended that classroom seating should support a healthy posture, especially since young bodies develop rapidly. It should also decrease fidgeting.

The environmentally-conscious schools have been significantly investing in green desks and tables, green chairs, green pre-school furniture, green library furniture, and green dry erase boards, among others. Green school furniture products are made via the employment of various manufacturing processes as well as materials that meet numerous approval standards for emissions. Moreover, these are designed to protect indoor air quality. The rising demand for green furniture in various schools and colleges is expected to open new growth opportunities for manufacturers over the forecast period.

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U.S. School Furniture Market Report Highlights

• By product, the seating furniture segment is projected to register the fastest CAGR from 2021 to 2028
• Based on application, the library and labs segment is expected to expand at a CAGR of 3.9% from 2021 to 2028. This is attributed to the increasing requirements for large storage spaces and flexible seating in libraries and labs
• The classroom application segment held the largest share of over 75.0% in 2020 and is foreseen to remain at the forefront over the forecast period

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U.S. School Furniture Market Segmentation

Grand View Research has segmented the U.S. school furniture market on the basis of product and application:

U.S. School Furniture Product Outlook (Revenue, USD Million, 2016 - 2028)

• Seating Furniture
• Storage Units
• Lab Furniture
• Others

U.S. School Furniture Application Outlook (Revenue, USD Million, 2016 - 2028)

• Classroom
• Library & Labs
• Others

List of Key Players of U.S. School Furniture Market

• Smith System Mfg. Co.
• Knoll, Inc.
• The HON Company
• Virco
• Fleetwood Group
• VS America, Inc.
• Hertz Furniture
• Paragon Furniture Inc.
• Haskell Education
• Marco Group

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.

North America Tabletop Kitchen Products Market Size Is Expected To Reach USD 17.03 Billion by 2028

 North America Tabletop Kitchen Products Market Growth & Trends

The North America tabletop kitchen products market size is expected to reach USD 17.03 billion by 2028, registering a CAGR of 4.8% from 2021 to 2028, according to a new report by Grand View Research, Inc. The rising number of eateries and restaurants has driven the need for various tabletop kitchen products for the preparation, service, and delivery of various kinds of foods. The rapid growth of the real estate industry and a rise in commercial construction activities in the region are also likely to boost market growth in the coming years.

Rising disposable income, changing lifestyles, and an increasing number of houses are expected to drive the product demand over the forecast period. However, the growing popularity of disposable dinnerware, flatware, and drinkware products is a major factor behind the declining usage of tabletop products in the residential and commercial sectors. Rapid urbanization is one of the prominent factors leading to a change in the purchasing behavior of consumers.

Companies in the market are focusing on increasing product launches to increase their market share. For instance, in April 2019, The Oneida Group, Inc. opened a new retail showroom at FortyOne Madison to unveil new flatware designs for the Spring New York Tabletop Show. The growing trend of wine tasting in developing countries also acts as a major driver for the market. For instance, in 2019, Water Street Wines & Spirits started a new venture for selling wine glasses, serving its existing customer base in Penn Yan, New York, U.S.

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North America Tabletop Kitchen Products Market Report Highlights

• The dinnerware segment accounted for the largest revenue share of over 35% in 2020 and will expand further at a steady CAGR from 2021 to 2028
• The dominance of the segment can be attributed to the high demand for these products among consumers from both, the residential and commercial sectors
• The residential segment accounted for the second-largest revenue share in 2020 and will expand at a steady CAGR from 2021 to 2028 due to the rising number of residential construction projects and rapid urbanization
• The overall market is characterized by the presence of several well-established as well as some small- and medium-scale players

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North America Tabletop Kitchen Products Market Segmentation

Grand View Research has segmented the North America tabletop kitchen products market on the basis of product, application, and country:

North America Tabletop Kitchen Products Outlook (Revenue, USD Million, 2016 - 2028)

• Dinnerware
• Flatware
• Whitegoods
• Buffet Products
• Drinkware
• Others

North America Tabletop Kitchen Products Application Outlook (Revenue, USD Million, 2016 - 2028)

• Commercial
• Residential

North America Tabletop Kitchen Products Country Outlook (Revenue, USD Million, 2016 - 2028)

• US.

List of Key Players of North America Tabletop Kitchen Products Market

• Villeroy & Boch AG
• Lenox Corp.
• Noritake Co.
• The Oneida Group, Inc.
• Fiskars Group
• Lifetime Brands, Inc.
• Corelle Brands LLC
• Steelite International
• Libbey, Inc.
• Hamilton Beach Brands Holding Company

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.

Impact of Existing and Emerging North America Plumbing Fixtures Market Trends And Forecast 2021-2028: Grand View Research Inc.

 North America Plumbing Fixtures Market Growth & Trends

The North America plumbing fixtures market size is anticipated to reach USD 40.00 billion by 2028, registering a CAGR of 7.5% over the forecast period, according to a new report by Grand View Research, Inc. The market growth is primarily attributed to the rising number of home remodeling and improvement projects, particularly bathrooms and kitchens, in the region. The emergence of the smart home concept has spurred the demand for advanced, energy-efficient, and water-saving plumbing fixtures, further driving the market.

Growing home values have doubled homeowners’ equity in five years till 2019, indicating a surge in spending capacity on home improvement. According to the National Association of Realtors (NAR), existing-home sales rose by 10.5% y-o-y to a seasonally adjusted annual rate of 6 million units in August 2020. The global COVID-19 pandemic has significantly increased the awareness among people regarding self-hygiene and maintaining a clean environment. This has had a positive impact on the demand for bathroom fixtures and the trend is likely to continue in the months to come.

The growth of the remodeling industry across countries in North America is also indicating a surge in demand for home furnishing and fittings, which is expected to drive the market. According to the Home Improvement Research Institute (HIRI), home improvement spending by Americans was estimated to reach USD 439.9 billion in 2020, registering a rise of 8.7%. Moreover, homeowners have been investing in lifestyle-enhancing projects.

The growing number of commercial construction projects, particularly in the hospitality sector, is also driving the product demand. According to Hotelier Magazine, the top franchise companies in Canada’s construction pipeline in May 2020 were Marriott International with 67 projects/8,430 rooms and Hilton Worldwide with 65 projects/7,738 rooms. Both these franchise-company pipelines are at all-time highs in Canada. InterContinental Hotels Group (IHG) follows with 56 projects/5,402 rooms. Such developments are likely to bode well for market growth.

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North America Plumbing Fixtures Market Report Highlights

• Kitchen fixture is projected to be the fastest-growing product segment over the forecast period
• The residential segment is projected to register the second-fastest CAGR of 7.2% from 2021 to 2028
• Companies in the market are focusing on strategies, such as mergers and acquisitions, gain market share and increase their service footprint
• In July 2020, Moen Inc. acquired a majority stake in Flo Technologies, one of the leading smart water management and leak detection companies in the U.S.
• This new ownership stake is an evolution of the two companies work together to provide best-in-class whole-home water security and management solutions

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North America Plumbing Fixtures Market Segmentation

Grand View Research has segmented the North America plumbing fixtures market on the basis of product, deployment, distribution channel, and country

North America Plumbing Fixtures Product Outlook (Revenue, USD Million, 2016 - 2028)

• Bathroom Fixtures
  • Bathtub
  • Sinks
  • Toilet
  • Showers
  • Faucets & Taps
  • Drains
  • Others
• Bathroom Accessories
  • Storage Cabinets (with & without mirrors)
  • Towel Storage (racks, hangers)
  • Curtains
  • Mirrors
  • Others (Tissue holders, soap dispensers, curtain rods, hooks & door pulls)
• Kitchen Fixtures
  • Faucet
  • Single/Double Sink Bowls
  • Others (Pot filters, sink strainers)

North America Plumbing Fixtures Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Online
• Offline

North America Plumbing Fixtures Deployment Outlook (Revenue, USD Million, 2016 - 2028)

• Residential
• Commercial

North America Plumbing Fixtures Country Outlook (Revenue, USD Million, 2016 - 2028)

• US.
• Canada

List of Key Players of North America Plumbing Fixtures Market

• Delta Faucet Company
• Masco Plumbing Products
• Moen, Inc.
• Rohl
• Brizo
• Kallista
• Grohe
• Waterworks and Lefroy Brooks

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.

Premium Bottled Water Market Size Is Anticipated To Reach USD 17.60 Billion by 2028

 Premium Bottled Water Market Growth & Trends

The global premium bottled water market size is anticipated to reach USD 17.60 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.8% from 2021 to 2028. Growing consumer awareness regarding the health benefits of consuming premium bottled water containing minerals and pure elements are projected to drive market growth over the forecast period. Most Americans prefer bottled drinking water as they find it to be a safer and more convenient option than tap water. Moreover, the rising need for eco-friendly packaging of premium bottled water is offering lucrative growth opportunities for existing manufacturers and new entrants in the market.

Moreover, companies target selected groups of consumers and channels, such as 5-star hotels & resorts and clubs as the product price is slightly higher than regular bottled water. A rise in the number of 5-star hotels, resorts, spas, and clubs is likely to augment the product demand. For instance, LXR Luxury Resorts offer Icelandic Glacial premium bottled water to its customers. Furthermore, many companies have been launching new packaging consisting of new designs, logos, crystals, and more to give it a more personalized experience and thus, increase sales.

For instance, in November 2020, Bling H2O launched its new made-to-order collection called The Ten Thousand Bespoke Collection, wherein a single premium bottled water is priced at USD 2,700 and is made of over ten thousand hand-applied Swarovski Crystals. Consumers are seeking products that have added value and thus looking for premium brands, which showcase distinct mineral composition on the packaging. The assurance of purity of the water is often a key selling proposition used for brand positioning by many premium product manufacturers.

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Premium Bottled Water Market Report Highlights

• The global market is expected to progress at a CAGR of 6.8% from 2021 to 2028
• New product launches and innovations in terms of sustainable packaging and bottle designs are some of the key strategies adopted by the market players to gain a higher share
• Europe is estimated to lead the global market in terms of revenue share while Asia Pacific is expected to be the fastest-growing regional market from 2021 to 2028
• The growth of the APAC market can be attributed to product innovation and the rising need for safe drinking water as a result of the growing population in the region
• A rise in the sales of packaged water bottles due to deteriorating water quality in countries, such as China and India, will boost the market growth further.

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Premium Bottled Water Market Segmentation

Grand View Research has segmented the global premium bottled water market on the basis of region:

Premium Bottled Water Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
• Europe
  • Germany
  • France
• Asia Pacific
  • China
  • India
• Central & South America
  • Brazil
• Middle East & Africa (MEA)
  • South Africa

List of Key Players of Premium Bottled Water Market

• Bling Water
• ROI
• Beverly Hills 9OH2O
• NEVAS
• Lofoten
• MINUS181
• Alpine Glacier Water, Inc.
• BLVD
• Berg Water
• Uisge Source
• VEEN

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.

U.S. Wine Cooler Market Size Is Estimated To Reach USD 536.2 Million in 2028

 U.S. Wine Cooler Market Growth & Trends

The U.S. wine cooler market size is estimated to reach USD 536.2 million in 2028, registering a CAGR of 6.4% from 2021 to 2028, according to a new report by Grand View Research, Inc. The growth in the adoption of wine coolers can be attributed to the increasing consumption of wine in American households. Consumers can be seen storing wine at home, making wine coolers a basic necessity.

The growing number of millennials, classified as being born between 1982 and 2004, are reaching the legal drinking age. The rising number of food joints including hotels & restaurants, nightclubs, bars, and cafes serving wine and other beverages have further increased the product demand in the U.S.

The specialty stores/homecare shops distribution channel segment accounted for the largest share of 38.1% in 2020 and is expected to grow at a significant CAGR during the forecast period. The growth of the segment is majorly driven by the quality of products and the overall consumer experience offered by these stores. The online segment is estimated to record the fastest CAGR from 2021 to 2028. Factors attributing to the growth of the online segment include social media influence, the rising popularity of e-commerce sites, increased use of smartphones, and transformative technology.

The price category USD 500 to USD 1,500 holds a decent range of wine coolers. Freestanding equipment with a high capacity as well as built-in wine cooler units with moderate capacity is available in this price category. Moreover, the rising demand for wine fridges from the residential sector is driving the growth of less than USD 500 price range. The segment is projected to grow at the fastest CAGR during the forecast years. The U.S. is the largest wine consumer and the fourth-largest wine producer in the world.

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U.S. Wine Cooler Market Report Highlights

• The free-standing product segment accounted for the largest revenue share of 52.6% in 2020
• Free-standing equipment is more affordable and offers various benefits over the other two types
• In addition, unlike regular refrigerators, a wine cooler helps store a collection of wines at a suitable temperature maintaining its precise taste and thus driving the segment growth
• Evolving lifestyles, increasing number of social gatherings, and the impact of digital platforms and internet medium is likely to drive the consumption of beer and wines
• The established players lead the market as a majority of them have vast distribution networks across the country
• Recent developments & innovations carried out by companies through various R&D activities and investments have significantly contributed to the market growth

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U.S. Wine Cooler Market Segmentation

Grand View Research has segmented the U.S. wine cooler market on the basis of product, application, distribution channel, and price range:

U.S. Wine Cooler Product Outlook (Revenue, USD Million, 2016 - 2028)

• Free-standing
• Countertop
• Built-in

U.S. Wine Cooler Application Outlook (Revenue, USD Million, 2016 - 2028)

• Residential
• Commercial

U.S. Wine Cooler Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Supermarket/Hypermarket
• Specialty Stores/Homecare Shops
• Company-owned Outlets
• Online

U.S. Wine Cooler Price Range Outlook (Revenue, USD Million, 2016 - 2028)

• Less than USD 500
• Above USD 500 to 1,500
• Above USD 1500

List of Key Players of U.S. Wine Cooler Market

• Haier Group Corp.
• LG Electronics, Inc.
• Whirlpool Corp.
• Koolatron
• Newair
• Samsung Electronics Co. Ltd.
• EdgeStar
• hOmeLabs (hOme)
• Allavino
• EuroCave
• Wine Enthusiast
• BSH Home Appliances Group
• Electrolux AB
• Whynter LLC
• The Avanti Products
• NutriChef Kitchen, LLC
• Vinotemp
• Cuisinart
• Liebherr Group
• Danby Appliances
• SMEG S.p.A.
• Phiestina

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.

Ostomy Care And Accessories Market Size Is Anticipated To Reach USD 4.8 Billion by 2028

 Ostomy Care And Accessories Market Growth & Trends 

The global ostomy care and accessories market size is anticipated to reach USD 4.8 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.1% from 2021 to 2028. The increasing prevalence of bladder and colorectal cancer coupled with the rise in the geriatric population is a key contributor to market growth.

The high prevalence of colorectal cancer and urinary bladder cancer has increased the demand for ostomy care products globally. For instance, as per the estimates of the American Cancer Society, in the U.S., in 2021, around 149,500 people are expected to be diagnosed with colorectal cancer, and approximately 52,980 people are expected to die due to colorectal cancer. This is expected to drive the market over the forecast period.

However, the COVID-19 crisis has been negatively impacted the market. Most projects related to the surgical procedure in South Korea, China, the U.S., and Germany got postponed due to an outbreak of a pandemic. The companies are facing short-term operational issues owing to supply chain constraints (restrictions at international borders). Thus, affecting the market growth in the short term.

The presence of various e-commerce sites offering products related to the surgical procedure might drive the sales of products. Amazon, Stomabags, and Express Medical Supply Inc. are some of the notable e-commerce sites which offer significant discounts, warranty, and prompt customer service on various products and accessories.

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Ostomy Care And Accessories Market Report Highlights

• Based on product, the ostomy bags segment dominated the market in 2020 with a share of 85.0% owing to increasing cases of urological ailments, such as Inflammatory Bowel Disease, chronic kidney disease, and bladder control problems. The segment is further sub-segmented into one-piece and two-piece bags
• On the basis of application, the colostomy segment dominated the market in 2020 and accounted for the largest revenue share of 45.8% due to the increasing geriatric population and high prevalence of colorectal cancer
• Based on end-use, the home care settings segment dominated the market in 2020 and accounted for the largest revenue share of 45.4%, owing to an increase in demand for ostomy care products in the home care and patient-centric healthcare services
• Europe dominated the market with the highest revenue share of 47.2% in 2020 owing to the high incidence rate of Crohn’s disease and ulcerative colitis in this region and increasing incidence of urological diseases

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

Ostomy Care And Accessories Market Segmentation

Grand View Research has segmented the global ostomy care and accessories market on the basis of product, application, end-use, and region:

Ostomy Care & Accessories Product Outlook (Revenue, USD Million, 2016 - 2028)

• Bags
  • One Piece
  • Two Piece
• Accessories
  • Seals/Barrier Rings
  • Pouch Cover
  • Pouch Closures
  • Stoma Caps/Hat
  • Others

Ostomy Care & Accessories Application Outlook (Revenue, USD Million, 2016 - 2028)

• Colostomy
• Ileostomy
• Urostomy

Ostomy Care & Accessories End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Home Care Settings
• Hospitals
• Others

Ostomy Care & Accessories Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Ostomy Care And Accessories Market

• Coloplast Corp.
• Braun Melsungen AG
• Hollister Incorporated
• ConvaTec Group Plc
• Welland Medical Ltd.
• Salts Healthcare Ltd.

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.