Friday 29 April 2022

Facial Implant Market Poised to Expand at a Robust Pace Over 2030: Grand View Research Inc.

 Facial Implant Market Growth & Trends

The global facial implant market size is expected to reach USD 4.6 billion by 2030, registering a CAGR of 8.2% according to a new report by Grand View Research, Inc. Increasing incidences of facial injuries, demand for non surgical facial rejuvenation surgery and the introduction of technologically advanced 3D printed implants for facial reconstruction are expected to drive the facial implant market over the forecast period.

In addition, rising initiatives in a probe to increase awareness regarding aesthetic surgery are expected to drive the industry growth in near future. For instance, The American Society of Plastic Surgeons (ASPS) support, educate and advocate improved patient care & work towards enhancing awareness levels pertaining to aesthetics in the U.S.

It also conducts periodic medical conferences, thereby, educating surgeons on latest techniques in the field of cosmetic surgery. Furthermore, growing geriatric population and adoption of cosmetic procedures are some factors contributing towards the growth of the market over the forecast period.

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Facial Implant Market Report Highlights

  • Global facial implant procedure market growth is attributed by factors such as the growing demand for minimally invasive surgery and the prevalence of target disorders.
  • The procedure market was dominated by eyelid surgery owing to, the increasing demand for blepharoplasty procedures for the treatment of puffy eyelids, excessive fats reduction & vision correction
  • Chin and mandibular implants dominated the product segment at over 25.0% share in 2014, owing to the increasing number of reconstructive chin augmentation procedures
  • Injectables are expected to witness significant growth over the forecast period due to the growing demand for minimally invasive surgeries pertaining to facial reconstruction surgeries
  • North America was the largest regional facial implants market, valued at over USD 900.0 million in 2014. The region’s market position is attributed to factors such as the increasing expenditure on aesthetic procedures, growing awareness levels pertinent to facial rejuvenation surgery, and the presence of sophisticated healthcare infrastructure.
  • Asia Pacific is expected to register lucrative growth of over 7.0%, owing to constantly improving healthcare infrastructure, and demand for non-surgical aesthetic procedures. Lower procedural costs & increasing medical tourism in this region are also likely to boost growth.
  • Key players of the facial implants market include Implantech Associates Inc., Eurosurgical, Wanhe Plastic Materials, Medartis AG, Kanghui Medical Innovation Co. Ltd., OsteoMed, Stryker Corp., Spectrums Design Medical, KLS Martin L.P., Sientra Inc, Johnson & Johnson, Integra LifeSciences, Gore Medical, Sebbin, TMJ Concepts, Zimmer-Biomet Inc, and Hanson Medical, Inc.

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

Facial Implant Market Segmentation

Grand View Research has segmented the facial implant market on the basis of product, material, procedure, and region:

Facial Implant Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Chin and Mandibular
  • Cheek
  • Nasal
  • Injectables

Facial Implant Material Outlook (Revenue, USD Million, 2018 - 2030)

  • Metal
  • Biologicals
  • Polymers
  • Ceramic

Facial Implant Procedure Outlook (Revenue, USD Million, 2018 - 2030)

  • Eyelid Surgery
  • Facelift
  • Rhinoplasty

Facial Implant Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List Of Key Players Of Facial Implant Market

  • Zimmer Biomet
  • Depuy Synthes
  • Stryker Corp.
  • Medartis AG
  • EUROS
  • Xilloc
  • KLS Martin Group
  • Hanson Medical, Inc.
  • Integra LifeSciences
  • OsteoMed
  • Sientra 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.

U.S. Hospice Market Analysis ,Industry Growth And Future Scope: Grand View Research Inc.

 U.S. Hospice Market Growth & Trends

The U.S. hospice market size is expected to reach USD 64.7 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 8.20% over the forecast period. The rising healthcare expenditure, awareness about the benefits of palliative and end-of-life care, and favorable reimbursements are some of the major growth drivers. According to the NHPCO, there were 4,639 Medicare-certified hospices in operation in 2018, up 13.4% from 2014. The demand for palliative and hospice services is growing with the increasing geriatric population and the number of patients with life-threatening conditions.

According to the NHPCO, 1.55 million Medicare enrollees got hospice care in 2018, increasing by 4% from 2017. As a result, the number of hospice centers in the U.S. is increasing. In the last decade, hospice care has grown swiftly and steadily across the U.S. Over 5,500 hospices in the country provide medical pain treatment, emotional support, and spiritual resources & therapies to patients in their final stage of life. The rising demand for remote patient monitoring coupled with technological advancements, such as tele-hospice, is anticipated to drive the market in near future. Moreover, there is a trend of adopting new technologies to provide care for various illnesses and injuries.

For instance, in December 2019, Kindred Healthcare, LLC successfully implemented Netsmart Referral Manager (Netsmart) across LTAC hospitals. Netsmart is a centralized platform for automating the referral management process, contributing to time savings and better transparency for making informed admission decisions. The COVID-19 pandemic adversely affected operational goals and long-term projections of hospice businesses in the United States. This is due to a substantial decline in revenue caused by the reduction in referrals/admissions from hospitals. In the current situation, hospices have substantially adopted the technology. In the hospice sector, the usage of telehealth is growing, which is projected to provide growth opportunities for the market in the coming years.

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U.S. Hospice Market Report Highlights

  • By location, the hospice center segment held the maximum revenue share in 2021. Hospice center eliminates the need for hospitalization and offers a more balanced & controlled care setting
  • The growing preference for hospice centers is expected to drive the segment growth. For instance, according to an article published in The New England Journal of Medicine, 0.2% of people died in hospice centers in 2003. This figure increased to 8.3% by 2017
  • The home hospice care segment is anticipated to witness significant growth during the forecast period due to the comfortable environment & constant care offered to patients and favorable reimbursement
  • As per the NHPCO, home accounted for 55.6% of the total days of hospice care in 2018, representing a rise of 3.3% since 2014
  • Based on type, the Routine Home Care (RHC) segment dominated the market in 2021 due to the low cost, along with the access to quality treatment, companionship, family involvement, and constant attention to the patients
  • As per the NHPCO, the percentage of days of RHC increased to 98.2% in 2018 from 97.7% in 2014. Increasing duration of stay and growing Medicare spending are expected to fuel segment growth
  • In terms of diagnosis, the dementia segment dominated the market in 2021 due to the high disease prevalence and rising need for its treatment

Access Press Release@ https://www.grandviewresearch.com/press-release/us-hospice-market-analysis

U.S. Hospice Market Segmentation

Grand View Research has segmented the U.S. hospice market on the basis of location, type, and diagnosis:

U.S. Hospice Type Outlook (Revenue, USD Billion, 2017 - 2030)

  • Routine Home Care
  • Continuous Home Care
  • Inpatient Respite Care
  • General Inpatient Care

U.S. Hospice Location Outlook (Revenue, USD Million, 2017 - 2030)

  • Hospice Center
  • Hospital
  • Home Hospice Care
  • Skilled Nursing Facility

U.S. Hospice Diagnosis Outlook (Revenue, USD Million, 2017 - 2030)

  • Dementia
  • Circulatory/Heart
  • Cancer
  • Respiratory
  • Stroke
  • Chronic Kidney Disease
  • Others

List of Key Players of U.S. Hospice Market

  • Kindred Healthcare Inc.
  • Amedisys
  • LHC Group, Inc.
  • Brookdale Senior Living, Inc.
  • Chemed Corporation
  • Crossroads Hospice
  • Seasons Hospice & Palliative Care
  • Accentcare, Inc.
  • Heart to Heart Hospice
  • Oklahoma Palliative & Hospice Care

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.

All-terrain Vehicle Market Expected To Propel Industry Growth By 2030: Grand View Research Inc.

 All-terrain Vehicle Market Growth & Trends

The global all-terrain vehicle market size is expected to reach USD 1.92 billion by 2030, registering a CAGR of 5.2% during the forecast period, as per a new report by Grand View Research, Inc. The development of off-road terrains, trails, and recreational parks is projected to boost the demand for All-terrain Vehicles (ATVs) by 2030. Moreover, governments’ initiatives to enhance tourism and recreational activities have supported the sales of ATVs. For instance, the Travel Management & Off-Highway Vehicle (OHV) Program announced by the U.S. Forest Service aims to increase the awareness and popularity of trails in North America.

Factors such as the growing popularity of off-road racing events and increased advertising have fueled the demand for ATVs across the globe. For instance, in January 2019, the Desert Series Pro ATV tournament involved ATV enthusiasts and many off-road vehicles which contributed to the adoption of ATVs. Additionally, growth in investments from sponsors is anticipated to boost the growth of the market by 2030.

Over the past few years, economic growth in developing economies, such as India and China, has resulted in higher disposable incomes and purchasing power of individuals, creating more spending capacity. This, in turn, supports the travel and tourism industry. As per the data published by the World Travel and Tourism Council (WTTC), the global tourism sector grew by 3.9% in 2018. The development of the tourism sector has led to a significant increase in recreational activities, thereby driving the demand for ATVs.

North America dominated the ATV market in 2021. This can be attributed to the presence of vast and diverse landscapes in North America, including mountain ranges and dense forests. ATV manufacturers focus on developing innovative and safer equipment that can meet the diverse needs of end users who want to explore tough terrains. Additionally, the increasing production and sales of ATVs in North America are expected to contribute to the growth of the market. The presence of various market players, including Polaris Inc., Textron Inc., and BRP, among others, is likely to further contribute to the growth

Request a free sample copy or view report summary: All-Terrain Vehicle Market Report

All-terrain Vehicle Market Report Highlights

  • The market for all-terrain vehicles is anticipated to witness growth owing to the increasing number of adventure and trails parks and the rising popularity of off-road sports activities
  • The 400cc-800cc engine type segment accounted for a significant revenue share of over 23.0% in 2021. The increase in demand for 400-800cc engine ATVs is accredited to the demand for search & rescue operations and utility purposes
  • The ATV market in Europe is expected to witness a high CAGR over the forecast period owing to the increased demand for off-road vehicles in diverse sectors, such as defense, military, and agriculture
  • Key players operating in the market include American Honda Motor Co., Inc.; Polaris Inc.; Bombardier Recreational Products (BRP); Arctic Cat Inc. (acquired by Textron Inc.); and Yamaha Motor Corporation

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

All-terrain Vehicle Market Segmentation

Grand View Research has segmented the global all-terrain vehicle market report based on engine type, application, and region:

All-terrain Vehicle Engine Type Outlook (Volume, Units; Revenue, Million, 2018 - 2030)

  • Below 400cc
  • 400cc-800cc
  • Above 800cc

All-terrain Vehicle Application Outlook (Volume, Units; Revenue, Million, 2018 - 2030)

  • Agriculture
  • Sports
  • Recreational
  • Military and Defense

All-terrain Vehicle Regional Outlook (Volume, Units; Revenue, Million, 2018 - 2030)

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

List of Key Players in the All-terrain Vehicle Market

  • Polaris Inc.
  • American Honda Motor Co., Inc.
  • Bombardier Recreational Products (BRP)
  • Yamaha Motor Corporation
  • Arctic Cat 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.

N95 Mask Market Trends Analysis And Forecast Till 2030: Grand View Research Inc.

 N95 Mask Market Growth & Trends

The global N95 mask market size is anticipated to reach USD 5.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.2% from 2022 to 2030. The market is primarily driven by the ongoing COVID-19 pandemic, increased regulatory mandates to wear masks in public settings, and the rising awareness regarding respiratory protection at the workplace. With the COVID-19 pandemic's emergence, N95 masks have mostly been employed in the healthcare industry by healthcare workers to protect both the patient and the healthcare personnel from biological agents’ exposure. The product demand is high in the healthcare sector since it offers good fluid resistance, breathability, and high filtration efficiency.

Surgical N95 respirators that are class II devices are regulated by CDC under 42 CFR Part 84 and FDA under 21 CFR 878.4040 in the U.S. Whereas in the European Union, FFP2 masks, which are equivalent to these products, are regulated under the European Standard EN149:2001 for filtering half masks to protect against particles. Growing demand for efficient respiratory protection equipment to guard against pollutants and harmful particulate matter in various industries such as construction, oil and gas, mining, and manufacturing will drive market growth. Furthermore, stringent occupational safety laws, particularly in developed economies are expected to boost demand.

N95 masks are extensively used in the construction sector to offer respirator protection from small particles and dust that cause allergies and respiratory diseases. The global construction industry is witnessing strong recovery owing to fiscal stimulus rolled out by governments that have increased infrastructure construction activities, thereby creating an upswing for the N95 masks. The pandemic provided an opportunity for companies to receive steady revenues from direct government procurement of masks aimed at fighting COVID-19. Furthermore, governments are adopting cost-effective methods such as strategic stock development, upstream agreements with industries for rapid conversion of assembly lines during crises, and international trade.

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N95 Mask Market Report Highlights

  • The without exhalation valve segment accounted for a revenue share of 79.0% in 2021 owing to effective protection provided during inhalation and exhalation, and promotion by the World Health Organization and Centers for Disease Control and Prevention
  • The penetration of online distribution channels is expected to witness a CAGR of 11.4% from 2022 to 2030 owing to the fast adoption of internet and e-commerceplatforms, as well as manufacturers' use of online distribution channels to offer their products
  • Asia Pacific dominated the market and accounted for a revenue share of 28.8% in 2021, on account of burgeoning pharmaceuticals, mining, manufacturing, and construction industries, which extensively use respiratory protective equipment, including N95 masks
  • In October 2021, Shawmut Corporation and The Fallon Company have launched a Protex N95 mask for prolonged use that is NIOSH-approved with the patent-pending Protex ADC comfort system
  • In January 2021, 3M company increased its production capacity of N95 masks by USD 2.5 billion annually owing to the continued demand for respirators from the general public and government contracts

Access Press Release@ https://www.grandviewresearch.com/press-release/global-n95-mask-market

N95 Mask Market Segmentation 

Grand View Research has segmented the global N95 mask market on the basis of product, distribution channel, end-use, and region:

N95 Mask Product Outlook (Revenue, USD Million, 2017 - 2030)

  • With Exhalation Valve
  • Without Exhalation Valve

N95 Mask Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

  • Online
  • Offline

N95 Mask End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • Healthcare
  • Construction
  • Manufacturing
  • Oil & Gas
  • Others

N95 Mask Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of N95 Mask Market

  • 3M
  • Alpha Pro Tech
  • Ansell Ltd
  • Medisca, Inc.
  • O&M Halyard
  • The Gerson Company
  • Cardinal Health
  • Medline Industries, Inc.
  • Kimberly-Clark Corporation
  • Honeywell International Inc.
  • Moldex-Metric
  • Makrite
  • Prestige Ameritech
  • Crosstex International, Inc.
  • Shanghai Dasheng Health Products Manufacture Company, 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.

U.S. And Mexico Metal Stamping Market Will See Strong Expansion Through 2030: Grand View Research Inc.

 U.S. And Mexico Metal Stamping Market Growth & Trends

The U.S. and Mexico metal stamping market size is expected to reach USD 76.2 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.4% from 2022 to 2030. Rising demand for metal stamping in various industries and growing adoption of Electric Vehicles (EVs) is anticipated to contribute to market growth over the forecast period. Metal stamping is used in various industries including automotive, aerospace, consumer appliances, and industrial machinery. Its increasing demand in industrial machinery coupled with the rising use of robotics and automation is expected to further contribute to the growth of metal stamping industry over the coming years.

Rising demand for EVs is encouraging key players to further expand their manufacturing facilities. For instance, in February 2021, Magna International Inc. announced its plan about setting up of Magna Electric Vehicle Structures, in St. Clare. Michigan, U.S. This new entity will build complex battery enclosures for electric propulsion vehicles. Process-wise, blanking accounted for the largest revenue share of the overall market. This process is proven to be efficient owing to its economic manufacturing for large volumes. Equipment used in the process can be configured as per required customizations with ease and the primary metal is fed continuously in the machine. This simple procedure enables the blanking operation to be performed in long production runs.

Region-wise, the U.S. held the largest revenue share in 2021 and this trend is anticipated to continue over the forecast period. A rise in military spending along with increasing investments in EVs and consumer appliance industries are growth drivers for the market. For instance, in 2020, the U.S. accounted for ~39.0% of the global military spending, becoming the largest spender with an estimated budget of USD 778 billion. The competitive rivalry remains intense for the industry. The ongoing COVID-19 pandemic has affected the market significantly as many key players had to shut down their operations in the first half of 2020. However, with efficient management, their revenues rebounded to normal levels in the second half of 2020.

Request a free sample copy or view report summary: U.S. And Mexico Metal Stamping Market Report

U.S. And Mexico Metal Stamping Market Report Highlights

  • Based on process, the blanking segment is anticipated to register a CAGR of 5.0% over the forecast period. It is a preferred choice in end-use industries such as aerospace, automotive, and household appliances, where mass production of components takes place
  • Based on application, the consumer appliances segment is anticipated to register the fastest growth rate of 6.0% across the forecast period, owing to rapid technological advancements and rising demand for home appliances
  • Based on region, the U.S. accounted for a revenue share of 80.0% in 2021. Rising utilization of metal stamping in military aircrafts and other equipment is benefitting market growth
  • Additive manufacturing offers a lucrative growth opportunity for the metal stamping The technology provides various benefits such as minimized waste, reduced energy and labor costs, and potential for the production of smaller and complex geometries

Access Press Release@ https://www.grandviewresearch.com/press-release/us-mexico-metal-stamping-market-analysis

U.S. And Mexico Metal Stamping Market Segmentation

Grand View Research has segmented the U.S. and Mexico metal stamping market on the basis of process, application, and region:

U.S. And Mexico Metal Stamping Process Outlook (Revenue, USD Million, 2017 - 2030)

  • Blanking
  • Embossing
  • Bending
  • Coining
  • Flanging
  • Others

U.S. And Mexico Metal Stamping Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Automotive
  • Industrial Machinery
  • Consumer Appliances
  • Aerospace
  • Electrical & Electronics
  • Telecommunication
  • Others

U.S. And Mexico Metal Stamping Country Outlook (Revenue, USD Million, 2017 - 2030)

  • US.
  • Mexico

List of Key Players of U.S. And Mexico Metal Stamping Market

  • ACRO Metal Stamping
  • Ford Motor Company
  • Goshen Stamping Company
  • Harvey Vogel Manufacturing Co.
  • Kapco Metal Stamping
  • Magna International Inc.
  • Martinrea International Inc.
  • Pacific Metal Stampings, 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.

Thursday 28 April 2022

True Wireless Stereo Earbuds Market to Register Stable Expansion During 2021 – 2028: Grand View Research Inc.

 True Wireless Stereo Earbuds Market Growth & Trends

The global true wireless stereo earbuds market demand is expected to reach USD 305,499.8 million by 2028, registering a CAGR of 36.1% from 2021 to 2028, according to a study conducted by Grand View Research, Inc. The proliferation of connected devices at affordable prices is expected to favor true wireless stereo (TWS) earbuds market growth. Manufacturers are focused on introducing earbuds with multiple pair points to enable users to connect with multiple devices. As such, TWS earbuds are gradually gaining popularity as a convenient smartphone accessory. The wire-free and sophisticated design of these earbuds acts as the key purchase motivator for consumers

Moreover, the work-from-home norms imposed during the COVID-19 pandemic have accelerated the demand for IT accessories, including wireless earbuds. These devices can easily be used for listening to music or attending work-related con-calls. Besides features, such as Advanced Noise Cancellation (ANC) and wireless connectivity, TWS earbuds also come with a built-in carry case charger that offers seamless usage for over 150 hours. Furthermore, instant pairing across a variety of devices using Bluetooth, IPX7 certification, and support of voice assistants, such as Google and Siri, are also contributing to the market growth.

The rising demand for new and improved features serves as a catalyst for advancements in the market. Companies focus on launching products with differentiated features under various price bands. Multi-functional TWS earbuds are widely demanded as they cater to different applications, such as fitness, gaming, and entertainment, and offer extended capabilities, including fitness tracking and voice recognition. Moreover, several Chinese vendors, such as Xiaomi and Realme, have introduced entry-level wireless earbuds in the APAC market, making them an affordable choice for all consumers. The demand is expected to remain bullish over the next few years.

Request a free sample copy or view report summary: True Wireless Stereo Earbuds Market Report

True Wireless Stereo Earbuds Market Report Highlights

  • The USD 100–199 price band segment led the global market in 2020 and is projected to expand further at a steady CAGR over the forecast period
  • The proliferation of entry-level devices is expected to play a pivotal role in favoring the segment growth
  • North America led the largest revenue share of more than 37% due to early technology adoption and high attention toward health & fitness amid the pandemic have been instrumental in driving the market growth in this region
  • However, in terms of unit shipments, the demand for wireless earbuds in Asia Pacific surpassed the demand in North America in 2018
  • Aggressive pricing strategies employed by Chinese vendors contributed to the large share of the regional market

Access Press Release@ https://www.grandviewresearch.com/press-release/global-true-wireless-stereo-earbuds-market

True Wireless Stereo Earbuds Market Segmentation

Grand View Research has segmented the global true wireless stereo earbuds market on the basis of price band and region:

True Wireless Stereo Earbuds Price Band Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2028)

  • Below USD 100
  • USD 100-199
  • Over USD 200

True Wireless Stereo Earbuds Regional Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2028)

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

List of Key Players of True Wireless Stereo Earbuds Market

  • Apple, Inc.
  • Bose Corp.
  • Jabra
  • Harman International Industries, Inc.
  • Sony Corp.
  • Sennheiser Electronic GmbH & Co.
  • Xiaomi

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 Wheelchair Market Set to Record Exponential Growth by 2028: Grand View Research Inc.

 North America Wheelchair Market Growth & Trends

The North America wheelchair market size is expected to reach USD 1.7 billion by 2028, registering a CAGR of 7.9% over the forecast period, according to a new report by Grand View Research, Inc. This is largely due to an increase in the adoption of advanced, compact, and portable mobility aids on account of the growing target population in the U.S. Rising geriatric population is most likely to create higher demand for mobility products, such as wheelchairs. As per the U.S. Census Bureau, mobility is the most common disability among older Americans. 61 million adults live with a disability in the U.S. out of which, 13.7% have mobility disability with serious difficulty walking or climbing stairs.

Also, in 2016, there were 3.3 million wheelchair users in the U.S., with 1.825 million of those users aged 65 years and above. This number is predicted to grow every year, with an expected 2 million new wheelchair users per year. However, the COVID-19 pandemic exacerbated a global shipping and logistics crisis in early 2020, resulting in container shipping shortages and rising costs, as well as interrupting, and potentially continuing to disrupt global trade. This made it difficult for wheelchair manufacturers to obtain necessary products, components, and raw materials. However, companies are anticipated to restart operations due to the ease of lockdown, which will support market growth in the years to come.

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North America Wheelchair Market Report Highlights

  • The manual wheelchair product segment dominated the market with the largest revenue share of more than 60% in 2020. This growth can be attributed to the high product demand to its low costs and weight and non-dependability on charging
  • The adult category segment accounted for the highest revenue share of over 84% in 2020. This is owing to the fact that adults have a higher rate of spinal injuries, neuromuscular diseases, and trunk/neck weakness than children
  • The rehabilitation centers application dominated the market with a revenue share of more than 34% in 2020
  • The hospitals application segment is anticipated to register the fastest CAGR over the forecast period due to the rising number of medical emergencies that need the use of wheelchairs
  • Canada is projected to register the fastest CAGR of more than 8.5% over the forecast period due to the rising number of startups in the country
  • For instance, Braze Mobility, a university of Toronto firm, has developed a set of adjustable blind spot sensors that can be mounted on wheelchairs and scooters to make it easier and safer for people to move around

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

North America Wheelchair Market Segmentation

Grand View Research has segmented the North America wheelchair market based on product, category type, application, and country:

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

  • Manual
  • Electric

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

  • Adult
  • Pediatric

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

  • Homecare
  • Hospitals
  • Ambulatory Surgical Centers (ASCs)
  • Rehabilitation Centers

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

  • US.
  • Canada

List of Key Players of North America Wheelchair Market

  • Karman Healthcare, Inc.
  • Carex Health Brands, Inc.
  • Drive Medical Design & Manufacturing
  • Medline Industries, Inc.
  • Quantum Rehab
  • GF Health Products, 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.

Wednesday 27 April 2022

Clinical Trial Equipment & Ancillary Solutions Market Precise Analysis on Business Overview, Product Scope And Ongoing Development

 Clinical Trial Equipment & Ancillary Solutions Market Growth & Trends

The global clinical trial equipment & ancillary solutions market size is anticipated to reach USD 4.4 billion by 2028, according to the new report of Grand View Research, Inc., expanding at a CAGR of 8.2% over the forecast period. The growing pharmaceutical and medical sectors, globalization of clinical trials, and rising R&D expenditure are the factors driving the market.

The clinical trial procedure has evolved considerably in recent years. Complex clinical studies are creating new problems throughout the healthcare supply chain. Modern studies frequently involve huge numbers of patients and patient subgroups, as well as numerous nations and research sites. As a result, the number of challenges that supply chain managers confront while working with clinical trial equipment & ancillaries has increased. Renting medical equipment relieves the burden of storage, retrieval, and disposal. Another important decision-making reason is that renting equipment reduces significant upfront expenses and large investments required to furnish licensed clinical trial locations.

The COVID-19 pandemic has affected the global market, which resulted in slowing down the supply chain of the equipment & ancillary supplies. The COVID-19 pandemic has caused major changes in the clinical trial environment. Hundreds of experiments that were in progress before the pandemic have been halted, while many new trials have been launched in the hunt for effective therapies and interventions. COVID-19 has changed the way clinical trials are conducted, encouraging the digitization of healthcare and the adoption of cutting-edge technologies and techniques.

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Clinical Trial Equipment & Ancillary Solutions Market Report Highlights

  • The supply/logistics product segment dominated the market with a revenue share of more than 38% in 2020 due to the high number of clinical trials globally, which resulted in increased demand for efficient logistics services
  • The phase III segment accounted for the maximum revenue share of the global market in 2020. Phase III studies are the most effective approach to discover a new treatment standard
  • North America led the global market in 2020 and is expected to remain dominant even during the forecast years due to a rise in the number of CRO and pharmaceutical & medical companies in the region
  • Asia Pacific is projected to be the fastest-growing regional market during the forecast period as it is becoming an increasingly significant site for clinical trial investigations

Access Press Release@ https://www.grandviewresearch.com/press-release/global-clinical-trial-equipment-ancillary-solutions-market

Clinical Trial Equipment & Ancillary Solutions Market Segmentation

Grand View Research has segmented the clinical trial equipment & ancillary solutions market on the basis of product, phase, and region:

Clinical Trial Equipment & Ancillary Solutions Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Sourcing
    • Procurement
    • Rental
  • Supply/Logistics
    • Transportation
    • Packaging
    • Others
  • Service
    • Calibrations
    • Equipment Servicing
    • Others
  • Others

Clinical Trial Equipment & Ancillary Solutions Phase Outlook (Revenue, USD Million, 2016 - 2028)

  • Phase I
  • Phase II
  • Phase III
  • Phase IV

Clinical Trial Equipment & Ancillary Solutions Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Clinical Trial Equipment & Ancillary Solutions Market

  • Ancillare, LP
  • Imperial Clinical Research Services
  • Woodley Equipment Company Ltd.
  • Thermo Fisher Scientific, Inc.
  • PPD, Inc.
  • PAREXEL International Corp.
  • MediCapital Rent
  • Quipment SAS
  • IRM
  • Marken
  • Myonex
  • Yourway

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 Polyphenylene Sulfide Compounds Market Revenue is Expected to Reach USD 355.02 Million by 2030: Grand View Research Inc.

 North America Polyphenylene Sulfide Compounds Market Growth & Trends

The North America polyphenylene sulfide compounds market size is expected to reach USD 355.02 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.6% from 2021 to 2030. Polyphenylene sulfide (PPS) compounds are widely used in various applications across the automotive industry including thermal management, water pumps, sensors, power control units, batteries, electric motors, electric control units, and extrusion tubes.

The use of PPS compounds helps in reducing fuel consumption and improving system integration. In addition, properties such as exceptional dimensional stability and resistance to mechanical stress and corrosive automotive fluids are augmenting the product demand in automotive applications in the region. The automotive application segment is expected to dominate the market throughout the forecast period owing to the favorable properties of PPS compounds and governmental regulations for vehicle weight reduction.

The polyphenylene sulfide compounds market in North America is expected to grow owing to the growing scope in various application sectors. In electrical and electronics applications, polyphenylene sulfide compounds find application in bobbins and connectors, hard disk drives, electronic housings, sockets, switches, lamp sockets, and microwave parts, among others. Properties of polyphenylene sulfide such as exceptional dimensional stability, heat and chemical resistance, impact resistance, moldability, and rigidity over a wide range of temperatures are significantly fueling the product demand in electrical and electronics applications.

The water supply/fluid management application segment is expected to be the fastest-growing segment over the forecast years. Polyphenylene sulfide compounds help to improve the performance of water supply/fluid management. Fluids and chemicals such as insect control chemicals, automotive fluids, mild acids, and several industrial materials flow through the liquid chemical pump. Hence, achieving chemical and wear resistance is a critical factor in improving the equipment life. This is likely to boost the demand for polyphenylene sulfide compounds in water supply/fluid management, which offers excellent chemical and wear resistance properties.

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North America Polyphenylene Sulfide Compounds Market Report Highlights

  • In terms of revenue, the automotive application segment accounted for the largest share in 2020 and is expected to witness prominent growth over the forecast period
  • In 2020, the U.S. accounted for the largest revenue share of more than 70.0% in the regional market. Increasing adoption of electric vehicles owing to growing government support in the form of subsidies is further expected to fuel the demand for polyphenylene sulfide compounds in electric vehicles in the country
  • Increasing regulatory intervention by the U.S. Environmental Protection Agency (EPA) and the Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) regarding greenhouse gas emissions and fuel economy standards for vehicles is expected to drive the demand for polyphenylene sulfide in automotive application in the coming years
  • Various strategic initiatives were recorded over the past few years, which fueled the growth of the market in North America. For instance, in March 2019, DIC Corporation announced to build a new production line of PPS compounds at its DIC Imaging Products USA, LLC facility in Oak Creek, Wisconsin

Access Press Release@ https://www.grandviewresearch.com/press-release/north-america-polyphenylene-sulfide-compounds-market-analysis

North America Polyphenylene Sulfide Compounds Market Segmentation

Grand View Research has segmented the North America polyphenylene sulfide compounds market on the basis of application and country:

North America PPS Compounds Application Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2030)

  • Automotive
    • ADAS
    • Thermal Management
    • Water Pumps
    • Sensors
    • Power Control units
    • Batteries
    • Electric Motors
    • Electric Control units
    • Extrusion tubes
    • Others
  • Oil & Gas
  • Water Supply/Fluid Management
  • Electrical & Electronics
  • Aerospace
  • Coatings
  • Others

North America PPS Compounds Country Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2030)

  • US.
  • Canada
  • Mexico

List of Key Players of North America Polyphenylene Sulfide (PPS) CompoundsMarket

  • DIC Corporation
  • Solvay S.A.
  • Toray Industries, Inc.
  • SK Chemicals
  • SABIC
  • Celanese 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.

On-board Charger Market Is Expected To Accomplish A Valuation Of Around USD 13.96 Billion By 2028: Grand View Research Inc.

 On-board Charger Market Growth & Trends

The global on-board charger market size is expected to reach USD 13.96 billion by 2028, registering a CAGR of 17.2% from 2021 to 2028, according to a new report by Grand View Research, Inc. The market growth can be attributed to the increase in electric car sales globally. According to the statistics provided by the IEA organization, in 2019, electric car sales accounted for 2.1 million, registering a 40% year-on-year growth.

The ban imposed by various governments on the use of fossil fuel vehicles is expected to increase the sales of electric vehicles, which is subsequently expected to create the need for on-board chargers. In the U.K., the government has released its plan of banning new fossil fuel vehicle sales by 2030 to help accentuate electric vehicle use. Additionally, in the U.S., California is also expected to ban the sales of gasoline-powered new trucks and passenger cars by 2035.

Tax benefits provided on the purchase of electric cars are also one of the major factors driving the market growth. In the U.K., significant tax benefits are being provided to company fleet operators and car drivers for switching to electric vehicles from April 2020. The zero tax rate will be applicable for electric vehicles with a range of over 130 miles and hybrid vehicles with emissions from 1 to 50 g/km.

The outbreak of the COVID-19 pandemic negatively impacted the market growth at the initial stages; however, the subsidies provided by various countries on the purchase of electric vehicles during the pandemic boosted the EV sales in the latter stage of the pandemic. For instance, in July 2020, the Chinese government extended the period of its subsidy program for new energy vehicles by two more years. Thus, the program that was expected to end by 2020 will be ending in 2022.

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On-board Charger Market Report Highlights

  • The less than 11 kW segment is expected to witness the highest growth over the forecast period. The segment growth can be attributed to the growth in electric vehicle charging at homes
  • The buses segment is expected to witness the highest growth over the forecast period. The rise in sales of electric buses across the globe is expected to accentuate the segment growth
  • The Plug-In Hybrid Electric Vehicle (PHEV) segment is expected to witness the highest growth over the forecast period. Increased fuel efficiency and a longer driving range offered by a PHEV is driving the segment growth
  • The Asia Pacific regional market is expected to witness the highest growth owing to the increasing government initiatives for adopting electric vehicles in the emerging economies of the region

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On-board Charger Market Segmentation

Grand View Research has segmented the global on-board charger market based on power output, vehicle type, propulsion type, and region:

On-board Charger Power Output Outlook (Revenue, USD Billion, 2017 - 2028)

  • Less than 11 kW
  • 11 kW to 22 kW
  • More than 22 kW

On-board Charger Vehicle Type Outlook (Revenue, USD Billion, 2017 - 2028)

  • Passenger Car
  • Buses
  • Vans
  • Medium & Heavy Duty Vehicles
  • Boats
  • Others

On-board Charger Propulsion Type Outlook (Revenue, USD Billion, 2017 - 2028)

  • Battery Electric Vehicle (BEV)
  • Plug-in Hybrid Electric Vehicle (PHEV)

On-board Charger Regional Outlook (Revenue, USD Billion, 2017 - 2028)

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

List of Key Players of the On-board Charger Market

  • Bel Fuse Inc. 
  • Delta Energy Systems
  • STMicroelectronics
  • Toyota Industries Corporation
  • Eaton
  • Stercom Power Solutions GmbH
  • innolectric AG
  • BRUSA Elektronik AG
  • AVID Technology Limited
  • Ficosa Internacional SA

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.

Vibration Sensor Market to Witness Soaring Growth During 2022 – 2030: Grand View Research Inc.

 Vibration Sensor Market Growth & Trends

The global vibration sensor market size is expected to reach USD 8.24 billion by 2028, registering a CAGR of 6.5% from 2021 to 2028, according to a new study conducted by Grand View Research, Inc. The increased adoption of these devices in various industries and sectors such as oil and gas, manufacturing, and mining, among others for detection of rotating parts and damaged bearings in machines are major factors driving the growth of the market. The usage of industrial IoT and predictive maintenance with vibration sensors for the remote monitoring of machineries is expected to provide opportunities to the market players. Players operating in the market such as VocalZoom and Colibrys Ltd.; among others are developing vibration sensors for industrial internet of things (IoT) for exploiting these opportunities. For instance, in March 2019, VocalZoom launched their non-contact vibration sensors for industrial IoT applications such as machine monitoring.

The growing adoption of Unmanned Aerial Vehicles (UAVs) is expected to drive the market growth over the forecast period as vibration sensors are used in these applications such as flight stabilization. In recent years, there has been an increasing demand for accelerometers in Augmented Reality (AR) and Virtual Reality (VR) devices for tracking the rotational motion. In AR and VR, accelerometers and vibration sensors are used for motion detection.AR and VR are gaining popularity in consumer electronics such as smartphones and gaming consoles, among others. These factors are expected to provide lucrative opportunities to the market players over the forecast period. Moreover, in recent years, there has been a growing demand for these devices in Heating, Ventilation, and Air Conditioning (HVAC) equipment, which is expected to fuel the market growth further. Vibration sensors are extensively used for monitoring rotating elements in the Air Handling Units (AHUs) that are responsible air circulation in HVAC equipment.

In airbags, accelerometer vibration sensor monitors rapid deceleration of the vehicle in the event of an impact and convert it into a change in voltage. The electronic control unit subsequently responds by sending a signal to actuate and inflate the protective airbag. The governments in various countries have mandates the usage of airbags in passenger that is expected to impact the market growth positively. For instance, the U.S. National Highway Traffic Safety Administration has established the 49 CFR Part 595 standard that mandates the usage of airbags.

COVID-19 has positively impacted the market growth in current days. The demand for vibration sensors from various industries, such as chemicals, food and beverages, healthcare, and energy and power, is improving continuously despite the pandemic as the incumbents of these industries are trying to ensure efficient and safer operations of their machinery. The growing preference for online vibration monitoring is particularly anticipated to create growth opportunities for the market over the forecast period.

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Vibration Sensor Market Report Highlights

  • Owing the rising demand for displacement sensors in applications such as precision positioning, thickness measurements, and assembly line inspection, among others, the demand for displacement sensor is anticipated to grow in current days
  • The growing usage of tri-axial sensors in monitoring the vibrations in multi-axis machine tools, and detect anomalies in the machine tool and work piece are expected to drive their demand over the forecast period
  • The demand for piezoelectric ceramics segment is expected to grow owing to the increase in demand for piezoelectric ceramics-based vibration sensors in relaxation chairs used in healthcare sector
  • Various regulations such as the American Petroleum Institute (API) Standard 670: Machinery Protection Systems mandate the usage of machinery monitoring systems such as vibration sensors in the refineries. These regulations are expected to enhance the market growth in oil and gas end use segment
  • The Asia Pacific region is expected to grow significantly over the forecast period owing to increasing adoption for detection and prediction of earthquakes and tsunamis in countries such as South Korea, Philippines, and Japan

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

Vibration Sensor Market Segmentation

Grand View Research has segmented the global vibration sensor market based on type, technology, material, end-use, and region:

Vibration Sensor Type Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

  • Accelerometers
  • Velocity Sensor
  • Displacement Sensor

Vibration Sensor Technology Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

  • Piezoresistive
  • Strain Gauge
  • Variable Capacitance
  • Hand Probe
  • Optical Sensor
  • Tri-axial Sensors
  • Others

Vibration Sensor Material Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

  • Doped Silicon
  • Piezoelectric Ceramics
  • Quartz

Vibration Sensor End-use Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

  • Automobile
  • Consumer Electronics
  • Healthcare
  • Aerospace & Defense
  • Oil & Gas
  • Others

Vibration Sensor Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK.
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
  • Middle East & Africa (MEA)

List of Key Players of the Vibration Sensor Market

  • Advanced Sensors Calibration GmbH, Inc.
  • Analog Devices, Inc.
  • Dytran Instruments, Inc.
  • Honeywell International, Inc.
  • Robert Bosch GmbH
  • Hansford Sensors Ltd.
  • Colibrys Ltd.
  • National Instruments Corporation
  • TE Connectivity Ltd.
  • FUTEK Advanced Sensor Technology 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.

High Performance Message Infrastructure Market to Partake Significant Development During 2023 to 2030: Grand View Research Inc.

  High Performance Message Infrastructure Market Growth & Trends The global  high performance message infrastructure market  size is exp...