Endoscopy Devices Market Growth With Worldwide Industry Analysis To 2030: Grand View Research Inc.

 Endoscopy Devices Market Growth & Trends 

The global endoscopy devices market size is expected to reach USD 81.0 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a compounded annual growth rate (CAGR) of 7.4% from 2022 to 2030. Growing adoption of minimally invasive endoscopic procedures by medical professionals to look into the esophagus, colon, and stomach and also its application to perform biopsies and sclerotherapy are some of the factors boosting the market growth. In addition, the increasing trend of adopting disposable endoscopes to reduce the chances of cross contaminations is also anticipated to fuel the growth of the market over the forecast years. 

In 2021, based on product, the endoscopy visualization systems segment accounted for the highest revenue share of 36.5% of the market. This is attributed to the growing adoption of High Definition (HD) visualization systems by medical professionals for better imaging results during endoscopic procedures. In addition, continuous technological advancements of endoscopy visualization systems for the treatment and diagnosis of complex health conditions such as cancer, functional gastrointestinal disorders, lung disorders, and urinary disorders also support segment growth. 

Based on application, the Gastrointestinal (GI) endoscopy segment dominated the market in 2021 in terms of revenue owing to the increasing burden of gastrointestinal diseases and the rising geriatric population. In addition, increasing recommendation by medical professionals to perform endoscopic procedures as the first line of diagnosis option for gastrointestinal disorders is also one of the major factors supporting the segment growth. The hospitals segment accounted for the highest revenue share of 48.1% in 2021. This is attributed due to the larger number of endoscopic procedures performed in the hospitals than in other end-use segments. 

In addition, favorable reimbursement policies and the high availability of government and private hospitals performing endoscopy procedures are some of the prominent factors anticipated to drive the segment growth. North America dominated the market in terms of the revenue share of 42.3% in 2021. The highest revenue share of this region is attributed due to the increasing adoption of advanced endoscopic devices and the high availability of modern healthcare facilities performing minimally invasive surgical procedures. In addition, growing functional gastrointestinal disorders and other chronic diseases such as cancer also are the major factors driving market growth in this region. 

Furthermore, the COVID19 pandemic has significantly impacted the market owing to the cancellation and postponement of elective procedures. Moreover, the fear of getting infected with the COVID-19 virus also reduced the number of surgical procedures which in turn led to the de-growth of the endoscopy devices adoption in 2020. For instance, according to a study published in the Arab Journal of Gastroenterology in 2020, the number of endoscopy procedures decreased about 50% during the COVID19 pandemic in the majority of countries all over the globe. 

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Endoscopy Devices Market Report Highlights 

• The market is anticipated to be valued at USD 81.0 billion by 2030 owing to the growing adoption of minimally invasive endoscopic procedures by medical professionals in comparison with open surgeries
• The endoscopy visualization systems segment dominated with highest revenue share in 2021 owing to growing adoption of High Definition (HD) visualization systems by medical professionals for better imaging results during endoscopic procedures
• In 2021, the Gastrointestinal (GI) endoscopy segment accounted for the highest revenue share owing to the growing burden of functional gastrointestinal diseases and rising geriatric population
• Hospitals accounted for the highest revenue share of 48.1% in 2021, owing to favorable reimbursement policies and high availability of government and private hospitals performing endoscopy procedures
• North America accounted for the largest revenue share of 42.3% in 2021, owing to increasing adoption of advanced endoscopy devices and high availability of modern healthcare facilities performing minimally invasive surgical procedures

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Endoscopy Devices Market Segmentation

Grand View Research has segmented the global endoscopy devices market based on product, application, end use, and region:

Endoscopy Devices Product Outlook (Revenue, USD Million, 2014 - 2030)

• Endoscopes
  • Rigid Endoscopy Devices
    • Laparoscopes
    • Arthroscopes
    • Urology endoscopes
    • Cystoscopes
    • Gynecology endoscopes
    • Neuroendoscopes
    • Other rigid endoscopes
  • Flexible Endoscopy Devices
    • Upper gastrointestinal endoscopes
    • Colonoscopes
    • Bronchoscopes
    • Sigmoidoscopes
    • Laryngoscopes
    • Pharyngoscopes
    • Duodenoscopes
    • Nasopharyngoscopes
    • Rhinoscopes
    • Other flexible Endoscopy Devices
  • Capsule Endoscopy Devices
  • Disposable Endoscopy Devices
  • Robot Assisted Endoscopy Devices
• Endoscopy Visualization Systems
  • Standard Definition (SD) Visualization Systems
    • 2D systems
    • 3D systems
  • High Definition (HD) Visualization Systems
    • 2D systems
    • 3D systems
  • Endoscopy Visualization Component
    • Camera Heads
    • Insufflators
    • Light Sources
    • High Definition Monitors
    • Suction Pumps
    • Video Processors
  • Operative Devices
    • Energy Systems
    • Access Devices
    • Suction & Irrigation Systems
    • Hand Instruments
    • Wound Retractors
    • Snares

Endoscopy Devices Application Outlook (Revenue, USD Million, 2014 - 2030)

• Gastrointestinal (GI) endoscopy
• Laparoscopy
• Obstetrics/gynecology endoscopy
• Arthroscopy
• Urology endoscopy (cystoscopy)
• Bronchoscopy
• Mediastinoscopy
• Otoscopy
• Laryngoscopy
• Other applications 

Endoscopy Devices End-use Outlook (Revenue, USD Million, 2014 - 2030)

• Hospitals
• Ambulatory surgery centers
• Other end uses 

Endoscopy Devices Regional Outlook (Revenue, USD Million, 2014 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • Italy
  • France
  • Spain
  • Russia
  • Switzerland
  • Denmark
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • New Zealand
  • Thailand
  • Indonesia
  • Malaysia
  • Vietnam
  • Philippines
• Latin America
  • Mexico
  • Brazil
  • Argentina
• Middle East Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • Israel
  • Qatar 

List of Key Players of Endoscopy Devices Market

• Olympus Corporation
• Ethicon Endo-surgery, LLC.
• FUJIFILM Holdings Corporation
• Stryker Corporation
• Boston Scientific Corporation
• Karl Storz GmbH & Co. KG
• Smith & Nephew Inc.
• Richard Wolf GmbH
• Medtronic Plc (Covidien)
• PENTAX Medical
• Machida Endoscope Co., 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.

Aluminum Extrusion Market to Reach Around USD 168.88 Billion by 2030: Grand View Research Inc.

 Aluminum Extrusion Market Growth & Trends

The global aluminum extrusion market size is expected to reach USD 168.88 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.5% over the forecast period. Increasing investments in infrastructure and residential construction are projected to drive market growth during the forecast years. Emerging economies of the Asia Pacific, Central & South America, and Middle East & Africa regions are witnessing increasing investments in the residential and infrastructure sector owing to the rapid urbanization, rising per capita income levels, and growing population. For instance, in the economic budget of FY 2020-21, the Indian government announced around USD 1.41 trillion for infrastructure projects in the country.

The Indian government is set to develop 6,500 projects under its National Infrastructure Pipeline (NIP) over the next five years. In addition to the construction industry, high demand from the automotive & transportation sector is also expected to play a crucial role in boosting the market growth. Product properties, such as flexibility, durability, and corrosion resistance, enable its usage in automotive & transportation applications. This, in turn, is projected to drive the automotive & transportation application segment over the forecast period. In addition, aluminum, being a lightweight material, helps in curbing emissions from automobiles.

Moreover, due to various stringent government regulations regarding carbon emissions, automobile companies are preferring this material over steel for automotive manufacturing. The COVID-19 pandemic has created disruptions in the value chain of the industry across various countries, such as China. However, the country is all set for a strong rebound in its economic activities, following the relaxation of economic and social controls since April 2020. Where the other major economies of the world reported a negative GDP for the second quarter (April-June) of 2020, China registered a GDP growth of 3.2%. The economic growth of the country has helped soften the impact of the pandemic for the remainder of 2020.

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Aluminum Extrusion Market Report Highlights

• The shapes product segment generated the largest revenue share in 2021 and is estimated to retain the leading position throughout the forecast period
• The growth of this segment is attributed to the increasing demand for channels, tubing, and angles in various applications, such as construction, architectural & automotive components, computers, and domestic appliances
• Asia Pacific was the dominant regional market in 2021 and is expected to expand further at the fastest CAGR maintaining its leading position throughout the forecast period
• Stable Foreign Direct Investment (FDI) in the manufacturing sectors of China, India, South Korea, Indonesia, and Singapore is one of the key factors driving the APAC regional market
• The global market is highly competitive, in which, most of the players are focusing on creating their differentiation factors
• The establishment of an efficient sales channel is of key significance for the manufacturers in the market

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Aluminum Extrusion Market Segmentation

Grand View Research has segmented the global aluminum extrusion market on the basis of product, application, and region:

Aluminum Extrusion Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• Shapes
• Rods & Bars
• Pipes & Tubes

Aluminum Extrusion Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• Building & Construction
• Automotive & Transportation
• Consumer Goods
• Electrical & Energy
• Others

Aluminum Extrusion Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK.
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa (MEA)
  • Saudi Arabia

List of Key Players of Aluminum Extrusion Market

• Hindalco Industries Ltd.
• Arconic Corp.
• Norsk Hydro ASA
• Constellium N.V.
• Kaiser Aluminum
• QALEX

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.

Insurtech Market Outlook, Leading Manufacturers, Industry Analysis And Forecast: Grand View Research Inc.

 Insurtech Market Growth & Trends

The global insurtech market size is expected to reach USD 152.43 billion by 2030, registering a CAGR of 51.7% from 2022 to 2030, according to a new report by Grand View Research, Inc. The rising awareness about the benefits of insurtech solutions in simplifying the claim process, improving communication, and implementing automation is expected to drive market growth. The increased use of robotic process automation in insurance companies to handle repetitive tasks more accurately, quickly, and accurately compared to humans is also one of the major factors driving the market growth.

The market is expected to benefit from the rising interest of global investors in insurtech companies. For instance, in May 2021, Shift Technology, a provider of artificial intelligence SaaS tools for insurance companies, raised USD 220 million. The company would use this money to expand into the property and casualty insurance and health markets.

The efforts taken by insurtech companies to enhance their fraud detection procedures are also expected to create new opportunities for market growth. For instance, in April 2021, the Insurance Fraud Bureau (IFB) announced its partnership with Shift Technology. The partnership is aimed to build a new fraud detection system on behalf of the U.K. insurance sector.

The COVID-19 pandemic favorably impacted the market growth in 2021. Insurers increased the use of drones, mobile applications, and catastrophe models amid the pandemics, which accentuated the market growth. At the same time, preventive measures such as social distancing and remote working also helped increase the rate of digitalization across the insurance industry, driving the market growth.

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Insurtech Market Report Highlights

• The health segment dominated the market in 2021. The growth can be attributed to the increasing awareness about healthy lifestyle habits across the globe due to the pandemic, which requires insurance companies in the healthcare domain to invest more in enhanced technologies
• The managed services segment dominated the market in 2021. The increasing usage of intelligent machines and the rise of automation in the field of insurtech increased the adoption of managed services in various end-use industries in 2021
• The blockchain technologysegment is expected to witness the fastest growth over the forecast period. Insurance companies demand blockchain technology to increase sales, increase customer engagement, and gain a competitive edge
• The healthcare industry is expected to witness the fastest growth over the forecast period. Political and consumer trends are forcing the healthcare industry to become more transparent about pricing. Moreover, new approaches adopted by startups in the insurance sector are expected to drive the segment growth over the forecast period
• North America is witnessing an increasing demand for better communication, seamless data sharing, and high integration between insurers and service providers for improved customer engagement. As a result, the regional market is expected to witness promising growth opportunities over the forecast period

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Insurtech Market Segmentation

Grand View Research has segmented the global insurtech market based on type, service, technology, end-use, and region:

Insurtech Type Outlook (Revenue, USD Million, 2017 - 2030)

• Auto
• Business
• Health
• Home
• Specialty
• Travel
• Others

Insurtech Service Outlook (Revenue, USD Million, 2017 - 2030)

• Consulting
• Support & Maintenance
• Managed Services

Insurtech Technology Outlook (Revenue, USD Million, 2017 - 2030)

• Blockchain
• Cloud Computing
• IoT
• Machine Learning
• Robo Advisory
• Others

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

• Automotive
• BFSI
• Government
• Healthcare
• Manufacturing
• Retail
• Transportation
• Others

Insurtech Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Insurtech Market

• Damco Group
• DXC Technology Company
• Insurance Technology Services
• Majesco
• Oscar Insurance
• Quantemplate
• Shift Technology
• Trōv, Inc.
• Wipro Limited
• ZhongAn Insurance

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.

Filters Market Overview, Analysis And Forecast To 2030: Grand View Research Inc.

 Filters Market Growth & Trends

The global filters market size is expected to reach USD 112.87 billion by 2030, registering a CAGR of 5.1% over the forecast period, according to a new report by Grand View Research, Inc. Growing demand from the automobile industry for the reduction of emission levels, owing to the regulations by several agencies, such as the U.S. Environment Protection Agency (EPA) and the Department of Energy, is expected to drive the market over the forecast period. The market is expected to witness significant growth owing to the rapid growth in the water and wastewater treatment industry. The governments across various developing countries are emphasizing the development of their water treatment infrastructures to provide safe water to their citizens for various purposes, such as drinking, sanitation, and cooking.

The increasing concerns regarding clean air are also anticipated to support the air filtration industry growth over the forecast period. Increasing disposable income levels, rapid urbanization, and growing health concerns have resulted in people investing significantly in air purifier systems for domestic use. This shift in consumer behavior is expected to positively impact the market growth over the forecast period. The industry has a large number of established players controlling a significant market share. Key players are focused on R&D activities for the development of new products and services to enhance their service offerings, thereby attaining business growth in the market.

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Filters Market Report Highlights

• The air filters segment is expected to witness the fastest growth rate from 2022 to 2030 on account of the high product demand in air filtration devices, such as air purifiers
• The motor vehicles application segment dominated the market in 2021 and is expected to reach remain dominant throughout the forecast period
• This growth can be credited to the rapid growth in the automobile industry and wide product usage for the reduction in fuel consumption levels
• Asia Pacific is estimated to witness the fastest CAGR from 2022 to 2030 owing to the growing product demand in industries, such as chemicals, power generation, metal processing, and cement, for the reduction in emission of Greenhouse Gases (GHG)
• The demand was hampered owing to the global outbreak of the COVID-19 pandemic in 2020. Lockdowns in major countries led to a temporary closure of various industries and automobile production units, to limit the spread of the virus
• The companies are emphasizing the development of new sustainable products for offering improved efficiency and better value to the customers
• Extending products and service offerings to customers is also one of the primary strategies employed by the companies

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Filters Market Segmentation

Grand View Research has segmented the global filters market on the basis of product, application, and region:

Filters Product Outlook (Revenue, USD Million, 2017 - 2030)

• Fluid Filters
• ICE Filters
• Air Filters

Filters Application Outlook (Revenue, USD Million, 2017 - 2030)

• Motor Vehicle
• Consumers Goods
• Utilities
• Industrial & Manufacturing
• Others

Filters Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Filters Market

• 3M
• Airex Filter Corporation
• Koch Filter
• Freudenberg Filtration Technologies SE & Co. KG
• Donaldson Company, Inc.
• Camfil AB
• Parker Hannifin Corp.
• DENSO Corp.
• Clark Air Systems
• Spectrum Filtration Pvt. 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. & Canada Skin Cancer Dermatology Market is Estimated To Attain USD 3,395.97 Million by 2030

 U.S. & Canada Skin Cancer Dermatology Market Growth & Trends

The U.S. & Canada skin cancer dermatology market size is expected to reach USD 3,395.97 million By 2030, registering a CAGR of 5.5%, according to a new report by Grand View Research, Inc. Technological advancements and increasing prevalence of skin cancer are anticipated to fuel the growth.

The growing usage of smartphones and the development of smartphone compatible dermatoscopes are the factors anticipated to fuel the market growth. According to the Canadian Radio-television and Telecommunications Commission data, the percentage of Canadians using a smartphone increased from 73% in 2015 to 78% in 2017, thus indicating high potential for teledermatology in the country.

In addition, ongoing research activities for advancements in the dermatology field are anticipated to drive the growth of the market in U.S and Canada. For instance, according to the study published by Nature Journal, Deep Convolutional Neural Networks (CNN) classified the various skin cancers with a competence level comparable to a dermatologist, thus highlighting the potential of Artificial Intelligence (AI) in the field of dermatology.

Inappropriate use of ABCD criteria by Medical necessity auditors is one of the major concerns of dermatologists. For instance, some of the melanoma positive biopsies have been ruled as ‘medically unnecessary’ due to lack of medical documentation of ABCD or signs and symptoms. The ABCD tool was primarily designed for public education and not an important aspect of the physician’s note.

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U.S. & Canada Skin Cancer Dermatology Market Report Highlights

• Skin biopsy is the most widely used test for skin cancer and thus, accounted for the largest market share in 2019
• Diagnostic imaging is anticipated to witness rapid growth over the forecast period due to the introduction of advanced imaging and non-invasive diagnostic techniques
• The 40-59 segment held the largest market share in 2019 while the 20-39 segment is anticipated to witness lucrative growth over the forecast period
• Teledermatology programs such as DermaGO, ACCESSDERM are anticipated to improve patient access in the U.S. and Canada
• Hospital OPD segment held a significant share of the U.S. and Canada skin cancer dermatology market in 2019 owing to the presence of public insurance systems is expected to enhance the patient influx in this setting
• Age and gender of the dermatologists significantly affect the type of practice, practice location and work hours.
• Some of the key market players are Firefly; SkinIO, Canfield Scientific, Inc., FotoFinder Systems, Inc., 3Gen, MetaOptima, Agilent Technologies, SkinVision, Speclipse, Inc., Skin Analytics.

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U.S. & Canada Skin Cancer Dermatology Market Segmentation

Grand View Research has segmented the  U.S. & Canada Skin Cancer Dermatology Market the basis of test type, facility type, and age group:

U.S. & Canada Skin Cancer Dermatology Test Type Outlook (Revenue, USD Million, 2018 - 2030)

• Skin Biopsy
• Dermatoscopy
• Diagnostic Imaging
• Lymph Node Biopsy

U.S. & Canada Skin Cancer Dermatology Age Group Outlook (Revenue, USD Million, 2018 - 2030)

• 0-19
  • Male
  • Female
• 20-39
  • Male
  • Female
• 40-59
  • Male
  • Female
• 60-64
  • Male
  • Female
• 65-74
  • Male
  • Female
• 75-84
  • Male
  • Female
• 85 & above
  • Male
  • Female

U.S. & Canada Skin Cancer Dermatology Facility Type Outlook (Revenue, USD Million, 2018 - 2030)

• Stand Alone Practices
• Multispecialty Clinics
• Dermatology Group
• Hospital OPD
• Others

U.S. & Canada Skin Cancer Dermatology Country Outlook (Revenue, USD Million, 2018 - 2030)

• US.
• Canada

List Of Key Players Of U.S. & Canada Skin Cancer Dermatology Market

• Firefly
• SkinIO
• Canfield Scientific, Inc.
• FotoFinder Systems, Inc.
• 3Gen
• MetaOptima
• Agilent Technologies
• SkinVision
• Speclipse, Inc.
• Skin Analytics

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.

Textile Market is Expected to Enhance USD 1,420.3 Billion Revenue By 2030: Grand View Research Inc.

 Textile Market Growth & Trends

The global textile market size is anticipated to reach USD 1,420.3 billion by 2030, registering a CAGR of 4.0% over the forecast period, according to a new report by Grand View Research, Inc. The rising consumer awareness levels coupled with rapidly changing trends in the fashion industry are projected to drive market growth. The rise in the e-commerce platforms that support sales and distribution of different types of products manufactured by the textile industry is also expected to drive the demand for textile-related products, thereby augmenting the market growth. In addition, stringent regulations to ensure labor or worker safety in various application industries are propelling the demand for Personal Protective Equipment (PPE), which requires wool or treated cotton as a raw material.

This, in turn, will boost the market further. In addition, technological advancements and the employment of a large number of skilled and unskilled labor involved in the product manufacturing from materials, such as natural fibers, polyesters, nylon, and others, are acting as a growth driving factor for the global market. Furthermore, the increasing concerns regarding the environment are also fueling the demand for sustainable and natural fibers, such as cotton, hemp, linen, silk, and others, which, in turn, is adding growth prospects to the overall market. The cotton raw material segment is expected to grow at a significant CAGR, in terms of volume, over the forecast period. This growth can be attributed to the high production and availability of cotton across various prominent regions including North America, Europe, and Asia Pacific.

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Textile Market Report Highlights

• In 2021, the fashion application segment accounted for the maximum revenue share and is likely to ascend at a significant CAGR during the forecast period
• Rapidly changing fashion trends coupled with the demand for high-quality apparel in sports activities is likely to boost the segment growth
• In 2021, Asia Pacific emerged as the largest regional market owing to the presence of large raw material-producing countries, such as China, India, Australia, and Japan
• In North America, the revenue for the natural fibers product segment stood at USD 54.8 billion in 2021 and is anticipated to gain a higher share in the coming years due to the rising demand from the fashion, sports, and apparel industries
• Prominent players in the market are establishing business units in the raw material-producing regions for easy procurement as well as low-cost labor
• Moreover, supportive government policies, such as trade agreements and investment within the countries, are expected to influence the market

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Textile Market Segmentation

Grand View Research has segmented the global textile market on the basis of raw material, product, application, and region:

Textile Raw Material Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2030)

• Cotton
• Chemical
• Wool
• Silk
• Others

Textile Product Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2030)

• Natural Fibers
• Polyester
• Nylon
• Others

Textile Application Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2030)

• Household
  • Bedding
  • Kitchen
  • Upholstery
  • Towel
  • Others
• Technical
  • Construction
  • Transport
  • Medical
  • Protective
  • Others
• Fashion & Clothing
  • Apparel
  • Ties & Clothing accessories
  • Handbags
  • Others
• Others

Textile Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • Italy
  • UK.
  • Turkey
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
• Central & South America
  • Brazil
• Middle East & Africa (MEA)
  • Saudi Arabia
  • Iran

List of Key Players of Textile Market

• BSL Ltd.
• INVISTA Srl.
• Lu Thai Textile Co., Ltd.
• Paramount Textile Ltd.
• Paulo de Oliveira, S.A.
• Successori REDA S.p.A.
• Shadong Jining Ruyi Woolen Textile Co. Ltd.
• Sinopec Yizheng Chemical Fibre Company Ltd.
• China textiles Ltd.
• Rhodia SA
• Li & Fung Group
• Modern Woollens Ltd.
• Mayur Suitings
• JCT 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.

Industrial Hemp Market Revenue Sales to Reach USD 16.75 Billion by 2030: Grand View Research Inc.

 Industrial Hemp Market Growth & Trends

The global industrial hemp market size is expected to reach USD 16.75 billion by 2030, registering a CAGR of 16.8% over the forecast period, according to a new report by Grand View Research, Inc. The rising product demand from industries, such as agriculture, textiles, personal care, recycling, furniture, food & beverage, paper, and construction materials, is projected to propel market growth. Hemp is increasingly being used in medicinal products and nutritional supplements. The high nutritional values and beneficial fatty acid and protein profile of hemp are driving the demand for hemp products in the market. In addition, hemp oil is used in shampoos, soaps, lotions, bath gels, and other cosmetics, further benefiting the industry growth.

The strength to weight ratio, high tensile strength, and flexural strength of industrial hemp offer desired benefits in bio-composites for automotive parts, fiberboard, aerospace, and packaging. Furthermore, the product demand from the textile, paper, and building materials markets is growing on account of its favorable acoustic and aesthetic properties. The rising demand for eco-friendly products in construction materials, fiberglass alternatives, thermal insulation, and automotive products is expected to promote market growth. The growing demand for technical products, such as varnishes, oil paints, fuel, solvents, chain-saw lubricants, printing inks, putty, and coatings, is expected to have a positive impact on the market growth.

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Industrial Hemp Market Report Highlights

• The seeds product segment accounted for the maximum revenue share in 2021 owing to the increased product usage in nutritional supplements &medicinal and therapeutic products, such as pharmaceuticals
• The product demand in the personal care industry is anticipated to grow at the fastest CAGR from 2022 to 2030 as it increases the skin’s natural ability to retain moisture
• The animal care segment also accounted for a significant revenue share in 2021 on account of the high demand for hemp shivs and leaves in animal bedding as their low dust properties make it highly preferable for animals having respiratory issues
• The market for industrial hemp in North America is expected to grow at the fastest CAGR from 2022 to 2030 owing to the legalization of hemp production coupled with the technological advancements in harvesting and use of hemp fiber and hurds
• Asian countries, such as China, have a significant tradition of hemp production and exports, which has allowed these countries to dominate the global market

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Industrial Hemp Market Segmentation

Grand View Research has segmented the global industrial hemp market report on the basis of product, application, and region:

Industrial Hemp Product Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2030)

• Seeds
• Fiber
• Shivs

Industrial Hemp Application Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2030)

• Animal Care
• Textiles
• Automotive
• Furniture
• Food & Beverages
• Paper
• Construction Materials
• Personal Care
• Others

Industrial Hemp Regional Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Industrial Hemp Market

• Parkland Industrial Hemp Growers Cooperative Ltd. (PIHG)
• CBD Biotechnology Co., Ltd.
• Botanical Genetics, LLC
• Marijuana Company of America Inc.
• HempMedsBrasil
• Terra Tech Corp
• American Cannabis Company, Inc.
• HempFlax B.V.
• Industrial Hemp Manufacturing, LLC
• American Hemp
• Hemp, Inc.
• Boring Hemp Company
• Plains Industrial Hemp Processing Ltd.
• Ecofiber
• Valley Bio 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.

Technological Advancements to Influence Telecare Market Growth 2022-2030: Grand View Research Inc.

 Telecare Market Growth & Trends 

The global telecare market size is expected to reach USD 6.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.7% from 2022 to 2030. Telecare provides services mainly to the vulnerable and geriatric people for immediate contact with someone for help in case of any emergency. In addition, the increasing development of new technology from telephones to online virtual visits has shaped the face of modern health care services. Moreover, the growing adoption of digital health services to extend patients' access to care, remotely monitor risks, health conditions, or any early warning signs is anticipated to fuel market growth over forecast years.

The activity monitoring segment dominated the type segment with a revenue share of 51.3% in 2021. This revenue share of the segment is attributed due to the growing adoption of telecare services for remote activity monitoring and assisting the elderly. The increasing number of geriatric population and growing preference to adopt smart remote assistants or personal alarms to monitor unusual behavior patterns or any warning signs of falls for the elderly are among the major factors anticipated to drive the segment growth over the forecast years. In addition, a growing number of telecare centers monitoring the social and lifestyle activity of a physically disabled or elderly individual 24/7 and providing appropriate help such as remote medical assistance is further supporting the growth of the market.

North America accounted for the highest revenue share of 50.5% by region in 2021 owing to the growing adoption of new technology and increasing penetration of the internet. In addition, the rising geriatric population in the U.S and increasing adoption of digital health care platforms for daily activity tracking and remote medication management for the elderly is anticipated to drive the market in this region over the forecast period. Furthermore, the presence of a larger number of telecare service providers further fuels market growth in this region.

Furthermore, the COVID-19 pandemic upsurge the adoption of digital health platforms including telecare. The increasing fear of life-threatening coronavirus infection in 2020 increases the adoption of remote patient monitoring and activity tracking platforms. Increasing promotion for remote patient monitoring using mobile technology by the government organizations for digital health management and the increasing use of mobile applications are among the major factors that further boosted telecare adoption in 2020. For instance, as per world economic forum data, there is a growth of 46% of the health and fitness app download during pandemic which thereby supported to market growth in 2020.

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

Telecare Market Report Highlights

• The market size is anticipated to be valued at USD 6.3billion by 2030, owing to an increasing elderly population and growing preference for digital health services to extend patients access to care, remotely monitor risks, and health conditions
• The activity monitoring segment dominated the market in 2021, owing to the growing adoption of telecare services for remote activity monitoring and providing assistance to the elderly
• North America dominated the market and accounted for the largest revenue share of 50.5% in 2021, owing to the rising geriatric population in the U.S and increasing adoption of telecare platforms for daily activity tracking and remote medication management for elderly

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

Telecare Market Segmentation

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

Telecare Product Type Outlook (Revenue, USD Million, 2016 - 2030)

• Activity Monitoring
• Remote Medication Management

Telecare Regional Outlook (Revenue, USD Million, 2016 - 2030)

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

List of Key Players of Telecare Market

• Teladoc Health, Inc.
• Abbott Laboratories
• Johnson and Johnson
• AstraZeneca PLC
• Hoffmann-La Roche Ltd.
• Novartis AG
• Bristol-Myers Squibb Company
• GlaxoSmithKline plc
• Merck and Co., Inc.
• Pfizer, Inc.
• Sanofi
• Samsung Electronics Co. Ltd
• Qualcomm Technologies, Inc.
• Orange
• Google (Alphabet), Inc
• Allscripts
• Airstrip Technologies, Inc
• AT&T
• Apple, 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.

Payment Gateway Market to Reflect a Holistic Expansion During 2022 to 2030: Grand View Research Inc.

 Payment Gateway Market Growth & Trends

The global payment gateway market is expected to reach USD 132.24 billion by 2030, expanding at a CAGR of 22.1% from 2022 to 2030, according to a new report by Grand View Research, Inc. Increase in online transactions, coupled with the advancements in payment methods, such as cash pooling, cashless transactions, and token systems, is expected to fuel the market growth. Moreover, rapidly increasing internet penetration across the globe is anticipated to fuel market growth over the forecast period.

Retailers and e-commerce merchants across the globe are focusing on expanding their businesses in other regions and are partnering with payment service providers. These partnerships are allowing merchants to benefit from the opportunities generated by the globalization of the e-commerce sector. Payment gateways help merchants that manage a large volume of transactions automate the complete money transfer process with faster processing speed and error-free computations.

The financial service providers focus on incorporating technologies such as Artificial Intelligence (AI) and Machine Learning (ML) in their payment gateway systems for process automation and fraud detection. Financial service providers are also focusing on developing innovative payment gateway solutions for merchants. For instance, in October 2021, Pine Labs, a software development company, announced the launch of Plural, a payment gateway platform, to offer merchants an integrated solution for all kinds of payments.

The COVID-19 pandemic has positively impacted the market owing to changing consumer preference toward online shopping. Numerous e-commerce vendors are developing their payment gateway systems combined with eWallet services. This development is mostly identified among merchants handling a large volume of transactions. Moreover, e-commerce vendors also saw an increase in their sales during the pandemic. For instance, Amazon.com, Inc. saw a 40% year-on-year growth in the second quarter of 2020 due to an increase in online grocery sales.

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

Payment Gateway Market Report Highlights

• In terms of type, the hosted segment is expected to retain its dominance over the forecast period owing to features such as easy payment integration, built-in compliance capabilities, and the ability to integrate more diverse methods
• In terms of enterprise size, the small and medium enterprise segment is expected to witness significant growth over the forecast period. Payment gateways are used by small and medium enterprises to increase their profitability by delivering better customer experiences and reducing transaction costs
• In terms of end-use, the retail and e-commerce sector dominated the market in 2021. Factors such as better shopping experience and increased smartphone penetration are expected to increase the adoption of payment gateway systems in the retail and e-commerce sector
• North America dominated the market in 2021 and is expected to show similar trends in the near future. Growing e-commerce sales and the rapidly changing retail market in North America are the primary factors propelling the demand for fast payment solutions in the region

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

Payment Gateway Market Segmentation

Grand View Research has segmented the global payment gateway market based on type, enterprise size, end-use, and region:

Payment Gateway Type Outlook (Revenue, USD Billion, 2017 - 2030)

• Hosted
• Non-hosted

Payment Gateway Enterprise Size Outlook (Revenue, USD Billion, 2017 - 2030)

• Large Enterprises
• Small & Medium Enterprises

Payment Gateway End-use Outlook (Revenue, USD Billion, 2017 - 2030)

• BFSI
• Media & Entertainment
• Retail & E-commerce
• Travel & Hospitality
• Others

Payment Gateway Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List of Key Players of Payment Gateway Market

• Adyen
• Amazon Payments Inc.
• Net
• Bitpay, Inc.
• Braintree
• PayPal Holdings Inc.
• PayU Group
• Stripe
• Verifone Holdings Inc.
• Wepay, 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.

Electronic Health Records Market Estimated to Experience a Hike in Growth by 2030: Grand View Research Inc.

 Electronic Health Records Market Growth & Trends 

The global electronic health records market size is expected to reach USD 38.5 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.0% from 2022 to 2030. The web-based electronic health records (EHRs) are anticipated to show the largest growth during the forecast period. These EHRs are convenient for use in pharmacies, small-scaled laboratories, and clinics, as they require limited hardware infrastructure, which reduces the cost of installation. 

EHR vendors and organizations have initiated to help in curbing the pandemic by making telehealth a mainstream alternative, enhancing data access through EHRs, and collaborating to develop COVID-19 dashboards in detail. The introduction of EHRs for medical coding and billing has eased the process as data entering into computerized systems is more convenient than paper-based methods. EHRs also minimize the risk of errors in patient data as well as financial details. As per the University of Michigan, the cost of outpatient care was reduced by 3% upon shifting to EHRs from paper-based records. This reduction resulted in USD 5.14 savings per patient per month. 

Additionally, M&A activities by market players are also boosting the market growth. For instance, in February 2021, Evident, LLC, a subsidiary of CPSI announced that Texas-based Curahealth Hospitals and Cobalt Rehabilitation, have selected the Evident EHR along with collection services TruBridge, for three new rehabilitation facilities located in Denver, Colorado; West Houston, Texas; and San Antonio, Texas. Key players in the EHR market are investing in the launch of new products and collaborations for sustaining in the market. For instance, in August 2020, Cerner Corporation collaborated with Amazon to integrate its EHR solutions with the latter’s wearables such as Amazon Halo. This would provide greater interoperability to its customers and strengthen its service portfolio. 

Request a free sample copy or view report summary: Electronic Health Records Market Report

Electronic Health Records Market Report Highlights 

• The web-based EHR segment dominated the overall revenues share as of 2021 and is projected to witness a CAGR of over 4.6% from 2022 to 2030. A high adoption rate by physicians is expected to boost the market growth
• The ambulatory use segment which includes physician clinics, laboratories, and pharmacies is expected to exhibit the fastest growth over the forecast period owing to the increasing number of ambulatory care centers globally
• The acute care segment held a considerable market share of about 46.8% in the market due to government initiatives for the adoption of EHRs
• North America held a major market share as of 2021, due to the presence of well-established healthcare infrastructure as well as favorable government initiatives regarding population health management
• The U.S. is dominating the market in North America due to the presence of established players in the country
• The industry participants are focusing on product launch, partnerships, collaborations, mergers, and acquisitions to sustain the competition
• In Asia Pacific, the market is anticipated to witness lucrative growth of around 6.9% owing to the developing healthcare infrastructure in Asian countries, such as Indonesia, China, and India 

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

Electronic Health Records Market Segmentation 

Grand View Research has segmented the global electronic health records market on the basis of product, type, end-use, business models, and region:

EHR Product Outlook (Revenue, USD Million, 2017 - 2030)

• Client-server-based EHR
• Web-based EHR

EHR Type Outlook (Revenue, USD Million, 2017 - 2030)

• Acute
• Ambulatory
• Post-acute

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

• Hospital Use
• Ambulatory Use
  • Physician’s Clinic
  • Laboratories
  • Pharmacy

EHR Business Models Outlook (Revenue, USD Million, 2017 - 2030)

• Licensed Software
• Technology Resale
• Subscriptions
• Professional Services
• Others

EHR Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Electronic Health Records (EHR) Market

• Cerner Corporation (Oracle)
• GE Healthcare
• Allscripts Healthcare, LLC
• McKesson Corporation
• Epic Systems Corporation
• NextGen Healthcare, Inc.
• eClinicalWorks
• Medical Information Technology, Inc.
• Health Information Management Systems
• CPSI
• AdvancedMD, Inc.
• CureMD Healthcare
• Greenway Health, LLC

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.