Friday, 30 July 2021

Global Demand Alopecia Market Increasing in Most Part of World 2028

 Alopecia Market Growth & Trends

The global alopecia market size is expected to reach USD 14.2 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.1% from 2021 to 2028. The strong presence of pipeline products and increasing approval for laser-based therapy to treat hair loss conditions are major factors anticipated to drive growth. Moreover, rising awareness among patients about alopecia and its treatments, increasing government initiatives, supportive regulations & laws, and improvements in healthcare infrastructure are factors expected to propel market growth over the forecast period.

Technological advancements in alopecia treatment are among the key drivers of this market. There are two FDA-approved therapeutics for alopecia-Rogaine and Propecia. There has been an increase in market penetration of generics after patent expiries of both drugs. However, the launch of several promising pipeline candidates over the forecast years such as Xeljanz (tofacitinib), Breezula (clascoterone), Jakafi (ruxolitinib), SM04554, and Lumigan (Bimatoprost) is expected to substantially drive the growth of the market in the near future.

The introduction of low-level laser therapy that helps stimulate hair growth is expected to increase the treatment rate among patients facing hair loss. In addition, the launch of laser caps, helmets, combs, and bands is also anticipated to boost the market growth. For instance, Capillus Laser Cap, iGrow Laser Helmet, iRestore Hair Growth System, and Hairmax Laser devices are some of the technologically advanced products available in the market.

Moreover, the increasing prevalence of diseases such as cancer, Polycystic Ovary Syndrome, and rheumatoid arthritis which are associated with hair loss is also expected to boost the treatment rate of hair loss in the near future. For instance, as per the U.S. Department of Health and Human Services, nearly 5 million women in the U.S. are affected by PCOS. Furthermore, according to the GBD database, the prevalence of PCOS in European countries, such as France, increased from 872,351 to 882,322 in 2018 & 2019, respectively, and in the U.K., the prevalence was found to be 1,134,082 to 1,142,498.

Market players are increasingly forming partnerships and licensing agreements to enhance their product capabilities and promote the outreach of their products. For instance, the iGrow laser system has a partnership with China Central Pharmaceuticals in China. China Central Pharmaceuticals holds exclusive distribution rights over Aspira in the country. Moreover, Capillus, LLC has collaborated with Svenson, a hair loss treatment clinic to expand the distribution of laser therapy caps in Europe and Asia Pacific region. The partnership with local players and service providers is expected to increase the adoption of innovative therapy for hair loss treatment.

Additionally, companies are actively participating in scientific conferences and conducting awareness campaigns for creating brand awareness. For instance, in February 2021, Hairmax welcomed Mary Brunetti as the brand ambassador to increase brand awareness about dealing with COVID-19-induced hair loss, as well as hereditary loss. Moreover, it plans to leverage the popularity of the brand ambassador to showcase its target market as to how its products can help regrow and revitalize their hair.

However, reimbursement remains one of the major challenges in this market. Since most of the treatment modalities are considered as not medically essential and are categorized as cosmetic procedures, the treatment for hair loss is generally not covered under insurance plans. Out-of-pocket expenses for alopecia treatment usually include prescription drug copays, frequent doctor visits, and co-insurance for procedures. Moreover, increasing adoption of substitutes, such as traditional medicines-Ayurvedic, Chinese, and herbal medications may hamper the growth of the market. Based on results from the GlaxoSmithKline plc sponsored survey, around 22.7% of the patients took Chinese medications for treating male androgenetic alopecia in South Korea followed by Taiwan with 22.0% patients.

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

Alopecia Market Report Highlights

  • In 2020, the alopecia areata segment accounted for the largest revenue share and is anticipated to maintain its dominance over the forecast period
  • Key late-stage pipeline candidates in the treatment of hair loss include: Xeljanz (tofacitinib), Breezula (clascoterone), and SM04554 are expected to fuel the growth in the coming years
  • Alopecia universalis is anticipated to witness the fastest growth during the forecast period owing to the potential pipeline products, such as BNZ-1 (Bioniz Therapeutics), and stem cell educator therapy with minoxidil (Tianhe Stem Cell Biotechnologies, Inc.)
  • North America was the largest market in 2020 mainly due to a high disease prevalence, rising consumer awareness, proactive government measures, technological advancements, and improved healthcare infrastructure
  • Europe held the second-largest market share in 2020 given the high prevalence of AGA i.e., 80% and 50% in both the men and women of the region, respectively

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

Alopecia Market Segmentation

Grand View Research has segmented the global alopecia market on the basis of treatment, disease type, gender, sales channel, end-use, and region:

Alopecia Disease Type Outlook (Revenue, USD Million, 2017 - 2028)

  • Alopecia Areata
    • Male
    • Female
  • Cicatricial Alopecia
    • Male
    • Female
  • Traction Alopecia
    • Male
    • Female
  • Alopecia Totalis
    • Male
    • Female
  • Alopecia Universalis
    • Male
    • Female
  • Androgenetic Alopecia
    • Male
    • Female
  • Others
    • Male
    • Female

Alopecia Treatment Outlook (Revenue, USD Million, 2017 - 2028)

  • Pharmaceuticals
  • Devices

Alopecia Gender Outlook (Revenue, USD Million, 2017 - 2028)

  • Male
  • Female

Alopecia Sales Channel Outlook (Revenue, USD Million, 2017 - 2028)

  • Prescription
  • OTC

Alopecia End-use Outlook (Revenue, USD Million, 2017 - 2028)

  • Homecare Settings
  • Dermatology Clinics

Alopecia Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Alopecia Market

  • Johnson & Johnson Services, Inc.
  • Merck & Co. Inc.
  • Cipla Limited
  • Sun Pharmaceuticals Industries Ltd.
  • Reddy's Laboratories Ltd.
  • GlaxoSmithKline plc.
  • Aurobindo Pharmas
  • Mylan N.V. (Viatris 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.

Food Container Market Witness Excellent Revenue Growth During 2021-2028: Grand View Research Inc

 Food Container Market Growth & Trends

The global food container market size is anticipated to reach USD 201.9 billion by 2028, registering a CAGR of 4.2% over the forecast period, according to a new report by Grand View Research, Inc. The global market is predominantly driven by the rapid growth in the food processing industry mainly in the emerging markets. In addition, the rising need to reduce carbon footprints and increasing adoption of bioplastics in the packaging industry are driving the market. Moreover, innovation and new product developments are attracting food manufacturers, which is expected to augment the market growth.

For instance, in 2020, Tetra Pak and Dabur formed a partnership to launch low-calorie juice products in a new packaging format i.e., bare paperboard with wood fiber packaging for a natural look. Due to the COVID-19 pandemic, the market witnessed a decline in demand in 2020. Raw material shortage due to supply chain disruption resulted in the reduced production of food containers. Various major players witnessed a decline in their annual revenue in 2020. For instance, the annual turnover of Amcor plc reduced by approximately 6% in 2020 compared to 2019.

The key market players are following different strategies, such as acquisitions, mergers, and product portfolio & geographical expansions, to enhance their market position and to increase their customer base. For instance, in July 2019, Berry Plastics Corp. completed the acquisition of RPC Group plc - a leading plastic product design and engineering company in the packaging market. This acquisition helped the company to diversify its product range and utilize the RPC Group’s broad distribution network to increase its customer base in untapped markets.

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Food Container Market Report Highlights

  • The plastic material segment accounted for the largest revenue share of over 46% in 2020 owing to high demand for plastic as it is durable, inexpensive compared to alternatives, and available in different shapes and sizes
  • The metal segment is expected to grow at a significant CAGR from 2021 to 2028 owing to properties of metal, such as reusability and durability. However, the material’s higher price and weight compared to plastic may retrain the segment growth
  • The cans product segment is expected to witness the fastest CAGR from 2021 to 2028 on account of the increasing demand for canned foods across the globe, such as canned tuna and vegetables/fruits
  • The bottles and jars product segment accounted for the maximum revenue share in 2020 and will expand at a steady CAGR from 2021 to 2028

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

Food Container Market Segmentation

Grand View Research has segmented the global food container market on the basis of material, product, and region:

Food Container Material Outlook (Revenue, USD Million, 2017 - 2028)

  • Plastic
  • Metal
  • Glass
  • Others

Food Container Product Outlook (Revenue, USD Million, 2017 - 2028)

  • Bottles & Jars
  • Cans
  • Cups & Tubs
  • Boxes
  • Others

Food Container Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Food Container Market

  • Amcor plc
  • Silgan Holdings, Inc.
  • Ardagh Group
  • Berry Plastics Corp.
  • Plastipak Holdings, Inc.
  • Sonoco Products Company
  • Graham Packaging Company, Inc.
  • Weener Plastics
  • Ball Corp.
  • Tetra Pak

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.

Biopsy Guidance System Market Precise Analysis on Business Overview, Product Scope And Ongoing Market Development

 Biopsy Guidance System Market Growth & Trends

The global biopsy guidance system market size is expected to reach USD 1,383.5 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.2% from 2021 to 2028. The increasing prevalence of cancer, rise in the geriatric population, growing demand for non-invasive procedures, technological innovations, a rising number of government initiatives, and impact of COVID-19 are the key driving factors for the market.

A biopsy is one of the most prominent procedures for diagnosing cancer amongst other chronic diseases, and it is commonly employed in the diagnosis of breast, brain, skin, and prostate cancer. The increasing prevalence of cancer is a major factor responsible for market growth. For instance, according to Cancer.org, in 2021, around 1.9 million new cancer cases are expected to be diagnosed in the US. Since the biopsy guidance system is one of the major requirements for the initial diagnosis of cancer, thus, rising number of cancer cases is anticipated to propel market growth over the forecast period

Furthermore, there is a rising preference for minimally invasive biopsy treatments in the market. During the forecast period, several types of technologies and products including robot-assisted biopsy guidance systems, needle-based biopsy guns, and vacuum-assisted core biopsy systems, are expected to expand rapidly. For instance, in March 2021, IZI Medical Products, LLC launched Quick-Core Auto Biopsy System for soft tissue biopsy. It is a lightweight, completely automatic biopsy device and provides reliability, quality, and accuracy. Additionally, rising awareness of breast cancer treatment and diagnosis will further boost market growth over the forecast period.

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Biopsy Guidance System Market Report Highlights

  • In terms of product, the stereotactic guided biopsy segment held the largest revenue share in 2020 and the ultrasound-guided biopsy segment is estimated to be the fastest-growing segment over the forecast period
  • In terms of application, the brain biopsy segment held the largest revenue share in 2020 and the breast biopsy segment is estimated to be the fastest-growing segment during the forecast period. The rising prevalence of brain cancer is the major factor driving the demand for brain biopsies
  • In terms of end-use, the hospital segment held the largest revenue share in 2020. The hospital segment's dominance is majorly attributed to the higher biopsy guiding system utilization in hospitals
  • North America dominated the market in 2020 owing to numerous factors such as enhanced infrastructure, rising patient awareness, and the presence of key players in the region

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

Biopsy Guidance System Market Segmentation

Grand View Research has segmented the global biopsy guidance system market on the basis of product, application, end-use, and region:

Biopsy Guidance System Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Stereotactic Guided Biopsy
  • Ultrasound Guided Biopsy
  • MRI Guided Biopsy

Biopsy Guidance System Application Outlook (Revenue, USD Million, 2016 - 2028)

  • Brain Biopsy
  • Breast Biopsy
  • Other Applications

Biopsy Guidance System End-use Outlook (Revenue, USD Million, 2016 - 2028)

  • Hospitals
  • Specialty Clinics
  • Diagnostic Centers
  • Research and Academic Institutes

Biopsy Guidance System Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Biopsy Guidance System Market

  • Becton, Dickinson, and Company
  • Hologic, Inc.
  • Devicor Medical Products, Inc.
  • Braun Melsungen AG
  • ARGON MEDICAL
  • Boston Scientific Corporation
  • INRAD Inc.
  • Cook Medical
  • PLANMED OY

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.

Europe Immunoassay Analyzers Market Competitive Insight and Key Drivers 2021 to 2028: Grand View Research Inc.

 Europe Immunoassay Analyzers Market Growth & Trends

The Europe immunoassay analyzers market size is expected to reach USD 2.6 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.0% from 2021 to 2028. The rising prevalence of chronic and infectious diseases and the approval and launch of innovative analyzers are major factors driving the market. 

The market is anticipated to exhibit significant growth due to the unprecedented COVID-19 pandemic leading to a shortage of diagnostics and infrastructure. This has created vast opportunities for companies operating in the marketplace to bridge the gap between supply and demand. Amid extensive funding in the healthcare sector, equally from public and private sectors, has led to several research projects pertaining to diagnostics, such as central laboratory tests and point of care tests. These initiatives are aiding in the development of tools, such as immunoassay analyzers. The consumption of immunoassays has increased tremendously during this period of a pandemic propelling the further market growth. The uncertainty over the longevity of the pandemic and the need for analyzers is expected to remain strong in the near future, thereby aiding regional growth.

In addition, increasing approval and launch of innovative and advanced analyzers in the key European countries has significantly boosted the market growth. For instance, in April 2021, Germany-based Siemens Healthineers received the CE Mark for its AtellicaVTLi Patient-Side Immunoassay Analyzer. This analyzer is capable of providing test results in 8 minutes to clinicians by utilizing a patient's blood sample. Furthermore, the entrance of leading players in the European region is further expected to create increased access to advanced products. For instance, in February 2021, SysmexCorporation, a Japan-based immunoassay manufacturer, established its new subsidiary, Sysmex Portugal, S.A., in Portugal. With this initiative, the company expanded its presence in Portugal by intensifying its sales and after-sales support networks.

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Europe Immunoassay Analyzers Market Report Highlights

  • The EIA analyzers segment held the largest revenue share in the market as this technique is used for detecting specific antigens or antibodies in samples
  • By end use, the hospitals segment held the largest revenue share in 2020, as hospitals are the primary centers for the diagnosis and treatment of chronic diseases
  • The clinical laboratories segment is anticipated to grow at a rapid pace over the forecast period owing to the increasing establishment of diagnostic labs in key countries
  • Germany was the largest market in 2020 due to well-established healthcare infrastructure and high adoption of technologically advanced products
  • In the U.K., the market is anticipated to exhibit the fastest growth over the forecast period due to the growing prevalence of chronic diseases and the geriatric population

Access Press Release@ https://www.grandviewresearch.com/press-release/europe-immunoassay-analyzers-market-analysis

Europe Immunoassay Analyzers Market Segmentation

Grand View Research has segmented the Europe immunoassay analyzers market on the basis of analyzers, end use, and region:

Europe Immunoassay Analyzers Outlook (Revenue, USD Million, 2016 - 2028)

  • Enzyme Immunoassay (EIA) Analyzers
    • Chemiluminescence Immunoassay (CLIA) Analyzers
    • Fluorescence Immunoassay (FIA) Analyzers
  • Radioimmunoassay (RIA) Analyzers
  • Other Analyzers

Europe Immunoassay Analyzers End-use Outlook (Revenue, USD Million, 2016 - 2028)

  • Hospitals
  • Blood Banks
  • Clinical Laboratories
  • Pharmaceutical and Biotech Companies
  • Academic Research Centers
  • Others

Europe Immunoassay Analyzers Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • Germany
  • UK.
  • France
  • Italy
  • Spain
  • Russia
  • Belgium
  • Switzerland
  • Netherlands
  • Poland
  • Austria
  • Greece
  • Sweden
  • Finland

List of Key Players of Europe Immunoassay Analyzers Market

  • Siemens Healthineers
  • bioMérieux SA
  • Abbott Laboratories
  • Danaher Corporation (Beckman Coulter)
  • Quidel Corporation
  • Ortho Clinical Diagnostics
  • Sysmex Corporation
  • Bio-Rad Laboratories, Inc.
  • Becton, Dickinson and Company
  • Hoffmann-La Roche AG
  • Thermo Fisher Scientific, 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.

Condom Market Advanced Technologies and Growth Opportunities Worldwide By 2028

 Condom Market Growth & Trends

The global condom market size is expected to reach USD 17.5 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.42% from 2021 to 2028. The increasing awareness regarding condom use as a measure to reduce the spread of HIV and other STIs and the availability of various types of condoms to suit consumer needs are likely to drive the market during the forecast period.

The launch of innovative products and the promotion by the top players in the market are expected to enhance the market growth. For instance, in October 2020, Reckitt Benckiser Group plc launched Durex invisible ultra-thin condoms in India, creating a benchmark of India's first invisible and thinnest condom.

The COVID-19 pandemic caused a consumer behavior change, shifting the trend towards e-commerce from physical retail shopping. During the early phase of the pandemic, several countries witnessed shortages due to panic buying by consumers. Furthermore, social distancing guidelines, restricted distribution channels, and country-wide lockdown in some regions restricted the sales of condoms in 2020.

Female condoms are gaining a lot of popularity due to the increasing awareness and demand among women, especially sex workers, for protection against STIs and unwanted pregnancies. Online platforms such as Clicks, JUMIA GROUP, Amazon, Besharam, shycart, Chemistdirect.co.uk, Condom King, and Kasha Kenya sell a wide variety of condom brands and variants. The availability of condoms on e-commerce sites helps customers avoid the need for interaction to ask for condoms, enabling them to overcome the social stigma surrounding their purchase.

To facilitate the proper supply of condoms in the market during the COVID-19 pandemic, top players focused on the supply chain. For instance, Reckitt Benckiser Group plc made changes to its supply chain to fulfill the increasing demand for condoms on e-commerce platforms.

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Condom Market Report Highlights

  • In terms of material type, latex held the largest share in 2020 owing to its effectiveness, durability, and flexibility. Latex condoms can be used with lubricants and sex toys, which makes them the preferred choice among customers
  • On the basis of product, the male segment dominated the market in 2020 and is expected to maintain its growth in the years to come due to its low price and easy availability to the young population
  • Based on distribution channel, the drug stores segment dominated the market in 2020. The e-commerce segment is expected to witness the fastest growth during the forecast period
  • Asia Pacific dominated the market in 2020 and is expected to register the fastest growth rate over the forecast period due to various factors such as a large adult population, the presence of manufacturers involved in the export of condoms, and increasing awareness about sexual wellness products

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

Condom Market Segmentation

Grand View Research has segmented the global condom market on the basis of material type, product, distribution channel, and region:

Condom Material Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Latex
  • Non-Latex

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

  • Male
  • Female

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

  • Mass Merchandizers
  • Drug Stores
  • E-commerce

Condom Regional Outlook (Revenue, USD Million, 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 (MEA)
    • South Africa
    • Nigeria

List of Key Players of Condom Market

  • Church & Dwight Co., Inc.
  • Fujilatex Co., Ltd.
  • Reckitt Benckiser Group
  • Karex Berhad
  • Lelo
  • LifeStyles Healthcare Pte Ltd.
  • Veru, Inc.
  • Mayer Laboratories, Inc.
  • Okamoto Industries, Inc.
  • Cupid Limited

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.

Global Market For Portable Lithium Power Station to Witness Tremendous Growth and Expansion by 2028

 Portable Lithium Power Station Market Growth & Trends

The global portable lithium power station market size is expected to reach USD 282.0 million by 2028, according to a new study conducted by Grand View Research, Inc. It is expected to expand at a CAGR of 13.2% from 2021 to 2028. With the improvement in battery technology, coupled with the increasing demand for portable power packs from the consumer electronics sector for powering notebooks, mobiles, tablets, and other smart devices, the demand for portable lithium power stations is anticipated to grow over the forecast period. Additionally, the rising demand for portable lithium power stations in a variety of application areas, including automotive, off-grid, and emergency power, is expected to create significant opportunities for the vendors operating in the market over the forecast period.

The key factors driving the market are the increasing penetration of smart electronic devices, rising demand for reliable and uninterrupted power, and stringent emission rules across regions. Moreover, the stringent regulations made by the government bodies on carbon emission and the growing adoption of advanced technologies by the customers are the key challenges faced by the vendors with regards to manufacturing the products that are planned with the latest demanding features and applications, which surely limits the market from expanding its reach.

The market is served by a blend of large players with international presence and capabilities to serve customers from different regions and local and domestic players that are having a strong foothold in the local markets. The key strategies adopted by these players include product launches, product development, expansions & investments, and partnerships and collaborations. New product development and launches were the most common strategies adopted in the past few years by the majority of vendors operating in the market. Moreover, partnerships and collaborations were another majorly adopted strategy by vendors to reinforce their product and service offerings and footprints across the globe. However, a decrease in the sales of electric vehicles, coupled with imposed restrictions on tourism and travel during the COVID-19 situation, is hindering the market growth. Asia Pacific is expected to witness substantial growth over the forecast period owing to the rising demand for portable lithium power stations to ensure continuous power supply during power outages, outdoor recreational activities, and camping in China, India, and Japan

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Portable Lithium Power Station Market Report Highlights

  • By type, the solar power segment is anticipated to witness significant growth in the years to come owing to the increasing emphasis on the use of renewable energy
  • The 1,000 Wh to 1,499 Wh capacity segment is anticipated to witness high growth as 1,000 Wh to 1,499 Wh power stations are increasingly used for powering large-sized devices and equipment along with multiple smaller devices, such as smartphones, tablets, and laptops
  • The e-commerce sales channel segment is anticipated to witness significant growth over the forecast period owing to the growing penetration of digital platforms for transactions, coupled with the rising number of smartphone users
  • The off-gird application segment is anticipated to register the highest CAGR over the forecast period owing to the increasing outdoor recreational and camping activities across the globe, which is expected to create healthy demand for portable lithium power stations to fulfill the power requirements at remote locations
  • The industrial end-use segment is expected to grow at a significant rate over the forecast period owing to the growing need for continuous power and the availability of industrial-grade portable lithium power station

Access Press Release@ https://www.grandviewresearch.com/press-release/global-portable-lithium-power-station-market

Portable Lithium Power Station Market Segmentation

Grand View Research has segmented the global portable lithium power station market based on type, capacity, sales channel, application, end use, and region:

Portable Lithium Power Station Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Direct Power
  • Solar Power

Portable Lithium Power Station Capacity Outlook (Revenue, USD Million, 2016 - 2028)

  • Less Than 500 WH
  • 500 WH to 999 WH
  • 1,000 WH to 1,499 WH
  • 1,500 WH and Above

Portable Lithium Power Station Sales Channel Outlook (Revenue, USD Million, 2016 - 2028)

  • E-commerce
  • Brick and Mortar

Portable Lithium Power Station Application Outlook (Revenue, USD Million, 2016 - 2028)

  • Emergency Power
  • Off-grid
  • Automotive

Portable Lithium Power Station End-use Outlook (Revenue, USD Million, 2016 - 2028)

  • Residential
  • Commercial
  • Industrial

Portable Lithium Power Station Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • MEA

List of Key Players of Portable Lithium Power Station Market

  • ALLPowers Industrial International Co., Ltd.
  • Blackfire, Inc.
  • Bluetti
  • EcoFlow
  • EGO POWER+
  • Goal Zero
  • Greenway Power Co. Ltd.
  • Jackery Inc.
  • Li Power (Shenzhen) Technology Co., Ltd.
  • Lion Energy
  • Midland Radio Corporation
  • Nexpow LLC
  • Suaoki
  • Westinghouse Electric 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.

Thursday, 29 July 2021

Zero Trust Security Market To Hold a High Potential for Growth by 2028: Grand View Research Inc.

 Zero Trust Security Market Growth & Trends

The global zero trust security market size is expected to reach USD 59.43 billion by 2028, registering a CAGR of 15.2% from 2021 to 2028, according to a new study conducted by Grand View Research, Inc. The market is driven by the need to protect enterprise digital environments by averting lateral movement, leveraging network segmentation, simplifying granular user-access control, and implementing layer 7 threat prevention. The robust solutions for implementing a zero-trust security environment ensure the protection of computers, programs, and networks from unauthorized access. Moreover, preventing unwarranted access to critical data, as the adoption of technologies, such as cloud computing, Wi-Fi, and Internet of Things (IoT), coupled with outsourcing service, is increasing, is driving the growth of the market. The COVID-19 pandemic has further acted as a catalyst for market growth with enterprises investing in securing their networks, endpoints, and IT infrastructure with a zero-trust security framework.

The threat to digitally stored information from unauthorized access is also driven by changing technological landscape. While technology revolutionizes a business process, it also creates vulnerabilities in online protected data. In addition, while internet connectivity improves the operational task of the business by speeding up the process and improving accessibility, the risk of cyber attacks also increases rapidly. Moreover, the rapid expansion of operational data exposed to cyber adversaries through mobile, other edge devices, and IOT and the dependence of companies on third-party vendors and service providers are some of the prevailing supply chain trends increasing the risk of cyberattacks to access information. Therefore, the implementation of a security solution ensures a zero-trust security environment in the organization to mitigate the risks arising from various business activities and internet connectivity.

The application of the zero trust model is parallel to the concept of cybersecurity as it focuses on preventing intrusion by securing the digital network. Several countries across the world introduced laws to prevent cybercrime and data theft, which is vital for safeguarding the BFSI, IT, telecom, defense, and healthcare, other major sectors. The increasing internal and external threat of unauthorized data accessibility and cybercrime due to the political and personal interest of hackers or intruders for earning easy money further pressurizes governments to update their policies regularly. For instance, China updated its cyber policy on December 1, 2019, which instructs both Chinese and foreign public as well as private companies and organizations to secure their networks. The cyber law in the U.S. varies based on the business sector and includes Health Insurance Portability and Accountability Act, 2002 (HIPAA); Homeland Security Act that also includes Federal Information Security Management Act (FISMA), and 1996 Gramm-Leach-Billey Act. Such cyber laws further necessitate the need to secure networking structure and boost the demand for authentication and cyber-solution that ensures a zero-trust security environment.

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Zero Trust Security Market Report Highlights

  • The Small and Medium Enterprises (SMEs) segment is anticipated to witness the fastest CAGR over the forecast period owing to increasing awareness and threat of unauthorized access during cyber attacks
  • The multi-factor authentication segment led the global market in 2020 and will expand further at the fastest CAGR from 2021 to 2028
  • The growth can be attributed to the need to overcome the challenges of revenue loss and data loss risks in the era of confidential and vulnerable data, as multi-factor authentication presents multiple layers of identity verification to grant access to an authorized individual
  • North America led the global market in 2020 and will remain dominant even during the forecast years
  • The growth is credited to the high-security investment from the large enterprises across the regional industries, such as BFSI, that are at constant risk of cyber attacks as well as internal fraudsters

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

Zero Trust Security Market Segmentation

Grand View Research has segmented the global zero trust security market on the basis of security type, deployment, organization size, authentication, application area, and region:

Zero Trust Security Type Outlook (Revenue, USD Million, 2017 - 2028)

  • Network
  • Data
  • Endpoint
  • Cloud
  • Others

Zero Trust Security Deployment Outlook (Revenue, USD Million, 2017 - 2028)

  • On-premises
  • Cloud

Zero Trust Security Organization Size Outlook (Revenue, USD Million, 2017 - 2028)

  • SMEs
  • Large Enterprise

Zero Trust Security Authentication Outlook (Revenue, USD Million, 2017 – 2028)

  • Single-factor Authentication
  • Multi-factor Authentication

Zero Trust Security Application Area Outlook (Revenue, USD Million, 2017 - 2028)

  • IT & Telecom
  • BFSI
  • Healthcare
  • Retail
  • Others

Zero Trust Security Regional Outlook (Revenue, USD Million, 2017 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • MEA

List of Key Players of Zero Trust Security Market

  • Cisco Systems, Inc.
  • Akamai Technologies
  • Palo Alto Networks
  • Check Point Software Technologies
  • Trend Micro, Inc.
  • IBM Corp.
  • Symantec Corp.
  • FireEye, Inc.
  • McAfee Corp.
  • Forcepoint
  • Microsoft Corp.
  • VMWare, Inc.
  • Fortinet
  • Cloudflare, Inc.
  • SonicWall

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.

Satellite Communication Market To Make Great Impact In The Near Future by 2028: Grand View Research Inc.

 Satellite Communication Market Growth & Trends

The global satellite communication market size is expected to reach USD 137.63 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.8% from 2021 to 2028. The growing adoption rate of small satellites in the defense industry for applications, including geospace and atmospheric research, tactical communication, and medium resolution imagery, is anticipated to propel the market growth. Besides, the escalating demand for satellite communication (SATCOM) solutions in the aviation sector for better airline operations and air traffic management is expected to boost the market growth in the forthcoming years.

With the rise of the 5G network and launches of several scheduled Low Earth Orbit (LEO) and Medium Earth Orbit (MEO) satellites, the market for SATCOM is expected to grow at a significant pace in the forthcoming years. Additionally, the expansion of satellite communication into the connectivity market has influenced the SATCOM providers to increase the emphasis on securing the speed of deployment of the Internet of Things (IoT) across the globe. At present, there are around 2.7 million devices serviced by satellites, including infrastructure, aviation, environmental monitoring, shipping, and military support.

In recent years, SATCOM providers have been observed with a paradigm shift towards offering high-capacity satellite transponders in terms of bandwidth that are capable of better transponder throughput, thereby decreasing costs. A SATCOM transponder is a wireless communication, monitoring, and control device that detects and automatically reacts to an incoming signal. Furthermore, factors such as a rise in demand for corporate enterprise networks and consumer broadband and growing Ka-band and Ku-band services are expected to boost the satellite transponder segment demand in the overall market over the forecast period. Moreover, with the recent space development missions by various space organizations, including the National Space Administration of China and the Indian Space Research Organization of India, the overall market demand has witnessed considerable growth in the Asia Pacific region.

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Satellite Communication Market Report Highlights

  • The SATCOM market is driven by the growing need for enriched data communication across the globe
  • By component, the equipment segment is expected to register the highest CAGR from 2021 to 2028 owing to the benefits offered by SATCOM equipment, including locating undetected tunnels, integrating targets, and tracing movements
  • In terms of vertical, the media and broadcasting segment held the largest market share in 2020 owing to the high penetration of satellite TV services across the globe
  • The government and defense vertical segment is anticipated to register the highest CAGR of 11.6% over the forecast period primarily owing to the increasing use of satellite communication for military operations
  • In 2020, North America held the largest share in terms of revenue, followed by Europe, owing to the increasing passenger traffic in marine and coastal tourism in the region. In addition, these regions are characterized by the presence of a large number of market players

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

Satellite Communication Market Segmentation

Grand View Research has segmented the global satellite communication market on the basis of component, application, vertical, and region:

Satellite Communication Component Outlook (Revenue, USD Million, 2017 - 2028)

  • Equipment
    • SATCOM Transmitter/Transponder
    • SATCOM Antenna
    • SATCOM Transceiver
    • SATCOM Receiver
    • SATCOM Modem/Router
    • Others
  • Services

Satellite Communication Application Outlook (Revenue, USD Million, 2017 - 2028)

  • Asset Tracking/Monitoring
  • Airtime
    • M2M
    • Voice
    • Data
  • Drones Connectivity
  • Data Backup and Recovery
  • Navigation and Monitoring
  • Tele-medicine
  • Broadcasting
  • Others

Satellite Communication Vertical Outlook (Revenue, USD Million, 2017 - 2028)

  • Energy & Utility
  • Government & Defense
    • Government
    • Emergency Responders
    • Defense
  • Transport & Cargo
    • Fleet Management
    • Rail services
  • Maritime
  • Mining and Oil & Gas
    • Oil & Gas
    • Mining
  • Agriculture
  • Communication Companies
  • Corporates/Enterprises
  • Media & Broadcasting
  • Events
  • Aviation
  • Environmental & Monitoring
  • Forestry
  • End User - Consumer
  • Healthcare
  • Others

Satellite Communication Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Satellite Communication Market

  • SES S.A.
  • Viasat, Inc.
  • Intelsat
  • Telesat
  • EchoStar Corporation
  • L3 Technologies, Inc.
  • Thuraya Telecommunications Company
  • SKY Perfect JSAT Group
  • GILAT SATELLITE NETWORKS
  • Cobham Limited

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.

Intraoral Cameras Market to Expand at a CAGR of 10.9% Through 2028: Grand View Research Inc.

 Intraoral Cameras Market Growth & Trends

The global intraoral cameras market size is expected to reach USD 3.6 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.9% from 2021 to 2028. The rising prevalence of dental problems coupled with increasing demand for dental clinics are factors driving the market.

The increasing number of dental procedures, raising awareness, and demand for surgical services for dental care are fueling the growth of the market. In addition, favorable government initiatives regarding oral hygiene are a significant factor that is leading to the adoption of dental treatment. As per The Center for Disease Control and Prevention Data, periodontal disease is largely prevalent in the U.S. Tooth decay and cavities are the most common causes of oral disease in adults and children worldwide. This is increasing the need for a routine oral checkup, thereby boosting the market growth.

Technological advancement is another factor that is likely to fuel market growth. For instance, intraoral cameras are equipped with new features such as USD connectivity and light source-based LED technology. However, such features are likely to increase the cost of the cameras, which may hinder the sale of the device.

In the light of COVID-19, the market was hampered as the booking of appointments of patients for dental treatments was temporarily suspended. However, since governments in many countries have allowed resuming of elective surgical procedures, clinics have also started dental diagnostic procedures again. Moreover, according to the BBC network, inquiries and appointments for dental treatments have seen a surge following the pandemic and are thus expected to propel market growth.

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Intraoral Cameras Market Report Highlights

  • The intraoral wand segment dominated the market in 2020 and is anticipated to witness the highest growth over the forecast period due to ease of operation and the convenience offered
  • The USB Camera segment held a lucrative market share in 2020 and is anticipated to grow fast over the forecast period due to features such as an inbuilt light source and portable nature
  • The dental clinic segment held a significant revenue share in 2020 owing to the rise in the adoption of advanced instruments in these settings
  • In Asia Pacific, the market is expected to grow fast in the coming years owing to growing medical tourism, improving healthcare facilities, and increasing disposable income of consumers

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

Intraoral Cameras Market Segmentation

Grand View Research has segmented the global intraoral camera market on the basis of product, technology, end-use, and region:

Intraoral Cameras Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Intraoral Wand
  • Single Lens Reflex

Intraoral Cameras Technology Outlook (Revenue, USD Million, 2016 - 2028)

  • USB
  • Fiber Optic
  • Wireless
  • Others

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

  • Hospital
  • Dental Clinic
  • Others

Intraoral Cameras Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK.
    • France
    • Italy
    • Spain
    • Netherlands
    • Belgium
    • Switzerland
    • Russia
    • Sweden
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Malaysia
    • New Zealand
    • Singapore
    • Philippines
    • Thailand
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Colombia
    • Chile
  • MEA
    • South Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Egypt

List of Key Players of Intraoral Cameras Market

  • Danaher Corporation
  • Sirona Dental System
  • Carestream Health
  • Gendex
  • Owandy Radiology
  • TPC Advanced Technology Inc.
  • Digital Doc LLC
  • DEXIX
  • Prodent

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.

Fetal Monitoring Equipment Market is Thriving $6.16 Billion Revenue by 2030: Grand View Research Inc.

  Fetal Monitoring Equipment Market Growth & Trends The global  fetal monitoring equipment market  size is anticipated to reach USD 6.16...