Scleroderma Therapeutics Market With Strong Application and Scope By 2026

 The global scleroderma therapeutics market size is expected to reach over USD 2.6 billion by 2026 registering a CAGR of 6.0%, according to a new study by Grand View Research, Inc. The market growth is credited to the availability of various therapies used off-label, such as small molecule therapies including branded, generics, and OTC drugs.

The mix of several indications and drug classes engenders a fragmented market with multiple players. Roche is the dominant company with biologic immunosuppressants, Actemra/RoActemra, Cellcept, and Rituxan contributing majorly to the company’s share. Pfizer and Eli Lilly are the key companies in the market. Over the forecast period, new entrants including Boehringer Ingelheim, Corbus Pharmaceuticals, and Fibrocell will marginally displace the share of established firms in this market.

The on-label market is in the development phase. Supplemental indication approval is one of the most common strategies adopted by market participants. For example, riociguat by Bayer was previously used for PAH and currently, it is under clinical trials for the treatment of SSc-related digital ulcers. There are several other pharmaceutical companies following suit as this strategy favors the pharmaceutical industry in offsetting high development costs and in reaping larger benefits from one molecule already developed and present in the market.

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https://www.grandviewresearch.com/industry-analysis/scleroderma-therapeutics-market

Further key findings from the study suggest:

• The immunosuppressants segment held the largest market share in 2018 and is likely to maintain the dominance throughout the forecast years
• High preference for immunosuppressants owing to the favorable reimbursement scenario associated with this drug class supports its dominant market share
• Systemic scleroderma indication segment accounted for the major market share and will expand further due to use of high-priced immunosuppressants
• S. held the majority of the share in 2018. Expected label expansions and expected launch of first-in-class therapies coupled with an evolving reimbursement landscape for orphan drugs support continual scleroderma therapeutics market growth
• Europe trails with a lower share as compared to the U.S. majorly due to higher use of generics and biosimilars for off-label treatment of scleroderma
• Some of the key companies are F. Hoffman La-Roche Ltd.; Bristol-Myers Squibb Company; Celgene Corp.; arGentis Pharmaceuticals, LLC; Bayer AG; Boehringer Ingelheim International GmbH; Akashi Therapeutics; Prometic Life Sciences, Inc.; Emerald Health Pharmaceuticals; Kadmon Holdings, Inc.; Seattle Genetics, Inc.; Cytori Therapeutics, Inc.; Fibrocell Science, Inc.; Chemomab; Corbus Pharmaceuticals Holdings, Inc.; and Genkyotex SA

Grand View Research has segmented the global scleroderma therapeutics market on the basis of drug class, indication, and region:

Scleroderma Therapeutics Drug Class Outlook (Revenue, USD Million, 2014 - 2026)

• Immunosuppressors
• Phosphodiesterase 5 Inhibitors - PHA
• Endothelin Receptor Antagonists
• Prostacyclin Analogues
• Calcium Channel Blockers
• Analgesics
• Others

Scleroderma Therapeutics Indication Outlook (Revenue, USD Million, 2014 - 2026)

• Systemic
• Localized

Scleroderma Therapeutics Regional Outlook (Revenue, USD Million, 2014 - 2026)

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

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.

Oral Irrigator Market Expected to Deliver Dynamic Progression By 2026

 Oral Irrigator Market Growth & Trends

The global oral irrigator market size is expected to reach USD 1.1 billion by 2026, according to a new report by Grand View Research, Inc., registering a 3.4% CAGR during the forecast period. Introduction of technologically advanced dental care products and growing incidence of oral diseases, such as dental caries and periodontitis, are majorly driving the market.

Easy availability of oral irrigators for end users like dentists and consumers is one of the drivers of the global oral irrigator market. These are available through various online portals such as Amazon, eBay, and AliExpress, and medical stores.

Initiatives by various dental organizations and agencies, especially in developing countries such as India, are significantly impacting market growth. In India, agencies such as eDantSeva, National Tobacco Control Programme (NTCP) and National Institute of Cancer Prevention and Research (NICPR) conduct programs for increasing awareness regarding dental hygiene and habits, further propelling the market.

Oral irrigators are expensive as compared to traditional floss products, which is hampering oral irrigator market growth. Nonetheless, value benefits offered by manufacturers for the promotion of technologically advanced products, along with increasing pricing competition, is estimated to lower the impact of high costs and increase its popularity among consumers. This is likely to help shift individual preference from tradition flossing methods to using efficient oral irrigators.

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Oral Irrigator Market Report Highlights

• Cordless product variants formed the leading segment owing to features such as safety, portability, and reasonably priced. The countertop segment is also likely to witness steady growth owing to convenience as they do not require charging like cordless devices
• Product adoption for home use has been on a rise owing to increasing popularity of technologically advanced products and growing awareness regarding benefits of regular flossing and good dental hygiene
• Increasing prevalence of teeth and gum disorders on a global scale, rise in population in developing economies, and increase in spending power of consumers are anticipated to majorly drive the oral irrigator market
• Some of the key players in the market are Church & Dwight Co., Procter & Gamble, Jetpik, Aquapick, and Conair Corporation.

Oral Irrigator Market Segmentation

Grand View Research has segmented the global oral irrigator market based on product type, application, and region:

Oral Irrigator Product Type (Revenue, USD Million, 2015 - 2026)

• Countertop
• Cordless

Oral Irrigator Application (Revenue, USD Million, 2015 - 2026)

• Home
• Dentistry

Oral Irrigator Regional Outlook (Revenue, USD Million, 2015 - 2026)

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

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.

Wellness Tourism Market to Expand with Significant CAGR During 2019 – 2026: Grand View Research Inc.

 The global wellness tourism market size is expected to reach USD 1.2 trillion by 2026 registering a CAGR of 7.1%, according to a new report by Grand View Research, Inc. Rising number of health-conscious people is contributing to the increasing demand for wellness activities at popular travel destinations. Promotional campaigns arranged by various governments are also encouraging wellness tourism across the globe. Rising disposable income levels, especially in developing regions like China, India, and Mexico, have contributed to the increasing demand for wellness activities.

Key companies in the market offer various wellness services, such as spa services, mindfulness training, accommodation, and food & beverages. Preference for wellness activities along with vacation due to rising cases of various health issues associated with stress, such as insufficient sleep and physical inactivity, will drive the market further. According to the National Center for Chronic Disease Prevention and Health (NCCDPHP), the productivity losses from absenteeism cost employers USD 225.8 billion or USD 1,685 per person, annually.

Europe was the dominant regional market in 2018 as it has been a popular travel destination for years. On the other hand, Asia Pacific is expected to witness the fastest CAGR from 2019 to 2026. China and India are the key markets in Asia Pacific region. In India, Heaven on Earth airport spa chain announced their merger with Serena Spa in January 2016. This merger helped Heaven on Earth become the largest spa company in India. Thus, such business strategies adopted by key companies in the region will augment the market growth further.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/wellness-tourism-market

Further key findings from the study suggest:

• The lodging services segment held the largest market share in 2018 and is projected to maintain its leading position throughout the forecast period
• Wellness activities segment is anticipated to witness the fastest CAGR over the forecast period from 2019 to 2026 as these services focus on health and wellbeing while traveling
• Based on travel purpose, the market is segmented into primary and secondary wellness tourism. The secondary segment led the market, in terms of revenue, in 2018
• The domestic travel type segment held the largest market share in 2018 owing to increased expenditure by domestic tourists on wellness activities
• Some of the key companies in the global wellness tourism market are Accor Hotels, Hilton Worldwide, Hyatt Hotels, InterContinental Group, Marriot International, Radisson Hospitality, and Rosewood Hotels
• In May 2018, Accor Hotels acquired Mantra Group to expand the geographical presence, especially in Asia Pacific. Accor also acquired Fairmont Raffles Hotels in July 2016
• These acquisitions helped enhance Accor’s brand portfolio and provided Accor with a significant position in the hospitality industry

Grand View Research has segmented the global wellness tourism market on the basis of service, travel purpose, travel type, and region:

Wellness Tourism Service Outlook (Revenue, USD Billion, 2015 - 2026)

• In-country Transport
• Lodging
• Food & Beverage
• Wellness Activities
• Shopping
• Others

Wellness Tourism Travel Purpose Outlook (Revenue, USD Billion, 2015 - 2026)

• Primary
• Secondary

Wellness Tourism Travel Type Outlook (Revenue, USD Billion, 2015 - 2026)

• Domestic
• International

Wellness Tourism Regional Outlook (Revenue, USD Billion, 2015 - 2026)

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

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.

Medical Spa Market is Likely To Touch USD 33.9 Billion by 2026: Grand View Research Inc.

 The global medical spa market size is expected to reach USD 33.9 billion by 2026 registering a CAGR of 13.8%, according to a new report by Grand View Research, Inc. Increasing number of aesthetic treatment alternatives is projected to be one of the key growth-driving factors. Moreover, integration of business areas like travel, hospitality, cosmetics, fitness, etc. with wellness tourism, especially in U.S., India, China, and Thailand, is expected to drive the market further. Technological advancements, such as laser systems, have resulted in increased cost of medical spa procedures. For instance, in 2016, the average cost of a laser skin resurfacing procedure increased by around 15%.

However, rising disposable income levels will drive the demand for novel procedures. Growing popularity of wellness tourism is anticipated to further expand the market in the forecast period. In 2017, an international wellness tourist spent an average of around USD 1,528 per trip, accounting for 53% more than a typical international tourist. It is estimated that the domestic wellness tourists spend 178% more premium than any other domestic tourist. North America led the global market in 2018 due to technological advancements and increasing number of new entrants in the medical spa industry.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/medical-spa-market

Further key findings from the study suggest:

• Facial treatment dominated the service segment in 2018 and will maintain its position throughout the estimated period due to increasing demand for minimally invasive aesthetic treatment procedures
• On the other hand, the body shaping & contouring service segment is expected to witness the fastest CAGR over the forecast period
• North America dominated the medical spa market in 2018 in terms of revenue share pertaining to the technological advancements, and the increasing number of new entrants in the medical spa industry.
• Asia Pacific is anticipated to be the fastest-growing regional market from 2019 to 2025 owing to thepresence of well-established beauty market
• Asian spas are traditionally focused on the beauty aspect of wellness, however, in the past few years, such spas are expanding their services to meet the increasing demand for cosmetic alteration with procedures, such as body contouring, nonsurgical skin tightening, and scar revision
• Key industry participants include Chic la Vie Med Spa, Clinique La Prairie, Kurotel - Longevity Medical Center and Spa, Lanserhof Lans, The Orchard Wellness Resort, BIOVITAL Med Spa LLC, Allure MedSpa, and Longevity Wellness Worldwide

Grand View Research has segmented the global medical spa market on the basis of service and region:

Medical Spa Service Outlook (Revenue, USD Million, 2015 - 2026)

• Facial Treatment
• Body Shaping & Contouring
• Hair Removal
• Scar Revision
• Tattoo Removal
• Others

Medical Spa Regional Outlook (Revenue, USD Million, 2015 - 2026)

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

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.

Spinal Cord Stimulation Devices Market to Surpass USD 3.58 Billion by 2026: Grand View Research Inc.

 Spinal Cord Stimulation Devices Market Growth & Trends

The global spinal cord stimulation devices market size is anticipated to reach USD 3.58 billion by 2026 registering a CAGR of 8.7%, according to a new report by Grand View Research, Inc. Increasing incidence of failed back syndrome and complex regional pain syndrome is anticipated to boost the market growth. Failed back syndrome occurs as a chronic pain after spinal surgeries for back or leg pain. After spinal surgery, the pain gets reduced or the condition may get worst due to scar tissue which build up around the spinal nerve roots.a

Spinal cord stimulation device is used to treat patients who failed to get the result from spinal surgeries, by blocking the pain before it reaches the brain. Thus, increasing number of patients suffering from chronic pain after surgeries is likely to augment the product demand over the forecast period. In addition, technological advancements are expected to fuel the market growth further. For instance, Medtronic’s Intellis is a smallest implantable spinal cord stimulator designed to overcome limitations with the current systems.

The high dose therapy of the device helps reduce the pain for the patients suffering from diseases, such as degenerative disk disease. Key companies are introducing technologically enhanced products to gain competitive advantage in the industry. For instance, in January 2019, Boston Scientific launched its Spectra WaveWriter spinal cord stimulator in Europe. It is used for the treatment of chronic pain through electrical impulses. This new system also allows physicians and patients to customize their therapy.

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Spinal Cord Stimulation Devices Market Report Highlights

• Rechargeable device segment led the global market in 2018 and is projected to expand further at the fastest CAGR from 2018 to 2026
• This is attributed to the factors, such as new product launches by key companies and increasing number of patients suffering from neuropathic pain
• Failed back syndrome was the dominant application segment in 2018 owing to high number of patients suffering from pain after spinal surgeries
• North America led the global spinal cord stimulation devices market in 2018 owing to the increased incidence of post-laminectomy syndrome followed by chronic longstanding back pain

Spinal Cord Stimulation Devices Market Segmentation

Grand View Research has segmented the global spinal cord stimulation devices market on the basis of product, application, and region:

Spinal Cord Stimulation Devices Product Outlook (Revenue, USD Million, 2015 - 2026)

• Rechargeable
• Non-rechargeable

Spinal Cord Stimulation Devices Application Outlook (Revenue, USD Million, 2015 - 2026)

• Failed Back Syndrome
• Complex Regional Pain Syndrome
• Degenerative Disk Disease
• Unsuccessful Disk Surgery
• Others

Spinal Cord Stimulation Devices Regional Outlook (Revenue, USD Million, 2015 - 2026)

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

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.

Dental Laser Market to Reflect Robust Expansion During 2019-2026: Grand View Research Inc.

 Dental Laser Market Growth & Trends

The global dental lasers market size is expected to reach USD 1,530.6 million by 2026, according to a new report by Grand View Research Inc. It is projected to register a CAGR of 6.5% during the forecast period. Rising application of dental lasers for the treatment of dental diseases and procedures, such as cavity preparation, dentinal hypersensitivity, restorative removal, growth modulation, and caries prevention, is contributing to the growth. In addition, increasing adoption in hyperplastic tissue removal, wound healing, photostimulation of herpetic lesions, and photodynamic therapy for malignancies is anticipated to fuel the demand.

Advantages such as high efficiency, less bleeding, better control of soft tissue, and comfortable treatment are anticipated to further fuel the demand for dental lasers. Additionally, many insurance policies cover the usage of dental lasers for conservative soft tissue, therefore fueling market growth. Technological advancements are predicted to offer lucrative opportunities in the forthcoming years. Growing use of lasers in dentistry domain coupled with increasing acceptance of devices with novel technologies by dental surgeons are few emerging trends witnessed in the market.

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Dental Laser Market Report Highlights

• Soft tissue is the fastest growing segment owing to the rising number of soft tissue disorders, such as periodontal disorders and gingivitis. Diode lasers are majorly used in soft tissues procedures, driving the segment growth
• Oral surgery segment is expected to witness lucrative growth in the next seven years owing to the rise in the number of patients demanding bone and gum tissue restructuring. Rising awareness regarding oral hygiene is expected to further impel the growth
• Hospital segment is expected to expand at a CAGR of 5.7% by 2026 owing to improving healthcare facilities in the emerging economies and well-established medical settings in the developed nations
• North America dental laser market has been estimated to be the largest owing to rise in awareness regarding oral hygiene, increasing incidence of dental diseases such as gingivitis, periodontics, and caries
• Key players of dental laser market include Biolase, Inc.; AMD LASERS; FOTONA D.D.; Ivoclar Vivadent AG; Danaher; Dentsply Sirona Inc.; Syneron Dental; ZOLAR Technology & Mfg Co. Inc.; THE YOSHIDA DENTAL MFG. CO., LTD.; and Convergent Dental

Dental Laser Market Segmentation

Grand View Research has segmented the global dental laser market on the basis of product, application, end use, and region:

Dental Lasers Product Outlook (Revenue, USD Million, 2015 - 2026)

• Soft Tissue
• All Tissue
• Dental Welding Lasers

Dental Lasers Application Outlook (Revenue, USD Million, 2015 - 2026)

• Conservative Dentistry
• Endodontic Treatment
• Oral Surgery
• Implantology
• Peri-Implantitis
• Periodontics
• Tooth Whitening.

Dental Lasers End Use Outlook (Revenue, USD Million, 2015 - 2026)

• Hospitals
• Dental Clinics

Dental Lasers Regional Outlook (Revenue, USD Million, 2015 - 2026)

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

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.

Dental Crowns And Bridges Market Is Expected To Accomplish A Valuation Of Around $72.09 Billion By 2026: Grand View Research Inc.

 Dental Crowns And Bridges Market Growth & Trends

The global dental crowns and bridges market size is expected to reach USD 3.8 billion by 2026, according to a new report by Grand View Research Inc. IT is projected to expand at a CAGR of 7.78% during the forecast period. Growing number of dental disorders is expected to drive the growth. Moreover, rising medical tourism and demand for cosmetic surgery are projected to majorly affect the growth.

North America is the dominating market for dental crowns and bridges owing to favorable reimbursement policies for the employees. Furthermore, increasing awareness for these reimbursement policies and growing geriatric population are anticipated to propel the regional market in the forthcoming years.

Advancements in the existing technologies is another major trend witnessed in the market. Growth of the dental implant industry is stimulating the developments and acceptance of novel technologies by the end users across the globe. These innovations are expected to impel dental implant replacement rates in near future.

Growing economies of Asia Pacific, such as India and China are positively influencing growth of the dental crowns and bridges market. Moreover, an increase in spending power of consumers in the developing countries and the introduction of technologies like CAD/CAM for streamlining the workflow of dentists are also driving the product demand.

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Dental Crowns And Bridges Market Report Highlights

• Titanium segment is anticipated to expand at a CAGR of 7.6% by 2026 owing to the attractive features of the material, such as unmatched corrosion resistance, biocompatibility, great mechanical resistance, high success rates, and favorable biological response with live tissues
• Zirconium is also expected to gain popularity in near future, owing to increased use for restorations in the anterior areas and its features, such as low porosity, high density high compressive strength and tooth-like appearance
• Premium implants is the dominating segment and is expected to register a steady CAGR over the forecast period. Strong presence of implant brands, such as Straumann, Nobel Biocare, Zimmer Biomet, and Dentsply Sirona is anticipated to bode well for the growth
• Value dental implants is also predicted to register a significant growth due to increasing preference for the product by end users over premium implant brands
• Manufacturers in the dental crowns and bridges market focus on mergers and acquisitions for strengthening their market presence, expanding their customer base, and innovations and new product launches for expanding their product portfolio

Dental Crowns And Bridges Market Segmentation

Grand View Research has segmented the global dental crowns and bridges market on the basis of material, price, and region:

Dental Crowns and Bridges Material Outlook (Revenue, USD Million, 2015 - 2026)

• Titanium
• Zirconium

Dental Crowns and Bridges Price Outlook (Revenue, USD Million, 2015 - 2026)

• Premium
• Value
• Discounted

Dental Crowns and Bridges Region Outlook (Revenue, USD Million, 2015 - 2026)

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

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.

Neurothrombectomy Devices Market Latest Trends, Industry Growth And Forecast To 2026: Grand View Research Inc.

 Neurothrombectomy Devices Market Growth & Trends

The global neurothrombectomy devices market size is anticipated to reach USD 864.02 million by 2026, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.4% during the forecast period. Increasing incidence of acute ischemic stroke, such as intracerebral hemorrhage and subarachnoid hemorrhage stroke is anticipated to boost the growth. For instance, according to the Stroke Alliance for Europe, total number of stroke in Europe will increase by 34% from 2015 to 2035.

Technological advancements play a crucial role in fueling the market growth. For instance, Medtronic’s Solitaire Platinum Revascularization Neurothrombectomy Device, which is a pushwire attached nitinol scaffolding design. This device is designed to reduce around 70% of stroke-related disability and to improve the functional outcome at 90 days in patients suffering a large vessel occlusion.

The hospital segment led the neurothrombectomy devices market in 2018 owing to high prevalence and rising awareness regarding neurothrombectomy. In addition, as compare to clinics, hospitals remain at the top priority for patients suffering from acute ischemic disease as this disease have to be treated within 8 hours of onset of the symptoms. However, Ambulatory Surgical Centers (ASCs) is anticipated to be the fastest growing segment over the forecast period, attributed to shorter waiting time that ASCs provide to the patients and increasing number of ASC facilities.

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Neurothrombectomy Devices Market Report Highlights

• Clot retrievers segment led the neurothrombectomy devices market in 2018 and is anticipated to register the highest CAGR over the forecast period, attributed to increasing number of patients suffering from acute ischemic stroke due to large vessel occlusion
• Europe held the highest market share in terms of revenue in 2018 and is expected to expand at the highest CAGR over the forecast period owing to the presence of well-developed healthcare facilities and favorable reimbursement policies as well as the rise in number of supportive government awareness programs, and neurothrombectomy device approvals.
• The key players opt for technologically advanced products and undertake various initiatives such as partnerships, new product development, and collaborations to gain the competitive advantage in the market. For instance, in 2019, Stryker announced the launch of its New Sonopet iQ ultrasonic aspiration system which increases speed and precision to enhanced ease of use.

Neurothrombectomy Devices Market Segmentation

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

Neurothrombectomy Devices Product Outlook (Revenue, USD Million, 2015 - 2026)

• Clot Retriever
• Aspiration/Suction Devices
• Vascular snares

Neurothrombectomy Devices End Use Outlook (Revenue, USD Million, 2015 - 2026)

• Hospitals
• Emergency Clinics
• Ambulatory Surgical Centers

Neurothrombectomy Devices Regional Outlook (Revenue, USD Million, 2015 - 2026)

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

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.

Healthcare Interoperability Solutions Market is Estimated To Reach A Valuation of USD 4.7 Billion by 2026: Grand View Research Inc.

 Healthcare Interoperability Solutions Market Growth & Trends

The global healthcare interoperability solutions market size is expected to reach USD 4.7 billion by 2026, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 13.0% during the forecast period. Rising focus on patient-centric care, increasing need to curb high healthcare cost, and growing government initiatives to enhance patient safety & care are some major factors driving market growth. Rising healthcare IT penetration, especially in developing economies, is further expected to create significant growth opportunities for market players. However, rising complexity due to lack of reliable data & trained professionals and increasing data privacy & safety concerns are some key factors expected to impede growth.

Healthcare organizations are adopting Electronic Health Record (EHR) systems that support integration between different technologies/systems, increasing the need for interoperability solutions across all healthcare settings. Interoperability solutions help share and access complex data. These solutions allow sharing, exchange, and reuse of data across different devices and applications, which help reduce overall healthcare expenditure.

However, to make the best use of interoperability solutions and for their effective implementation, healthcare organizations need to work holistically at data sharing & implementing strategies, spanning the complete patient care continuum. Collaboration among players is expected to be one of the key factors responsible for driving the market.

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Healthcare Interoperability Solutions Market Report Highlights

• Services segment is held the largest healthcare interoperability solutions market share in 2018
• EHR interoperability held the maximum market share in 2018 owing to high adoption rate in hospitals
• According to the Healthcare Information and Management Systems Society (HIMSS), more than 60% of the hospitals have adopted EHR technology
• According to the West Health Institute (WHI), adoption of interoperability solutions could lead to significant reduction in healthcare spending in the U.S.
• Semantic segment in level is anticipated to witness fastest growth due to growing government efforts toward implementation and adoption of interoperability solutions across healthcare settings
• North America dominated the regional segment in 2018. This can be attributed to supportive government policies, favorable reimbursement schemes, rise in awareness about interoperability solutions, and increase in number of training programs for implementing these solutions across healthcare settings
• Asia Pacific is expected to grow with the highest CAGR of over 14.0% over the forecast period owing to well-established infrastructure and low healthcare cost in developing countries
• Some of the key players are Intersystems Corporation; Orion Health Group Limited; Infor, Inc.; Cerner Corporation; Interfaceware, Inc.; Allscripts Healthcare Solutions, Inc.; Nextgen Healthcare, Inc.; EPIC Systems Corporation; OSP Labs; Koninklijke Philips NV; Visolve, Inc.; and Jitterbit.

Healthcare Interoperability Solutions Market Segmentation

Grand View Research has segmented the global healthcare interoperability solutions market on the basis of the type, deployment, level, application, end use, and region:

Healthcare Interoperability Solutions Type Outlook (Revenue, USD Million, 2014 - 2026)

• Solutions
  • EHR Interoperability
  • HIE Interoperability
  • Enterprise Interoperability
  • Others
• Services

Healthcare Interoperability Solutions Level Outlook (Revenue, USD Million, 2014 - 2026)

• Foundational
• Structural
• Semantic

Healthcare Interoperability Solutions Deployment Outlook (Revenue, USD Million, 2014 - 2026)

• Cloud Based
• On Premise

Healthcare Interoperability Solutions Application Outlook (Revenue, USD Million, 2014 - 2026)

• Diagnosis
• Treatment
• Others

Healthcare Interoperability Solutions End-use Outlook (Revenue, USD Million, 2014 - 2026)

• Hospitals
• Ambulatory Surgical Centers
• Others

Healthcare Interoperability Solutions Regional Outlook (Revenue, USD Million, 2014 - 2026)

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

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.

Cannabis Extract Market Growth With Worldwide Industry Analysis To 2027: Grand View Research Inc.

 The global cannabis extract market size is expected to be valued at USD 28.5 billion by 2027, according to a new report published by Grand View Research, Inc. It is projected to expand at a CAGR of 16.6% over the forecast period. Growing legalization of cannabis in various countries, preference for cannabis oil and tinctures, and adoption of medical marijuana for treating chronic diseases like arthritis, anxiety, and Alzheimer’s are the major factors propelling the growth.

Cannabis extracts have gained wide recognition in recent years and are expected to provide impetus to cannabis market growth. Based on product type, cannabis extracts are classified into oils and tinctures. The oils segment is expected to dominate the market in 2019 with a revenue of USD 4.8 billion and is anticipated to witness the fastest CAGR of 17.5%, over the forecast period.

Based on extract type, the market is segmented into full spectrum cannabis extracts and cannabis isolates. The full spectrum cannabis extracts dominated the market in 2019, with a revenue of USD 4.3 billion, owing to the added advantage of the entourage effect. Various manufacturers prefer full spectrum cannabis products owing to their advantages over the isolates. Thus, the segment is expected to remain dominant over the forecast period.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/cannabis-extract-market

Further key findings from the report suggest:

• In 2019, oils held the largest revenue share of 66.5% owing to ease of availability and low price of the product
• The full spectrum segment was valued at USD 4.3 billion in 2019, owing to its entourage effect-a synergistic relationship between cannabinoids and terpenes that exhibits an increase in the healing properties of each cannabinoid
• Marijuana isolates is anticipated to emerge as the second largest type segment over the forecast period, owing to several advantages that have increased its adoption. For instance, the purest form of isolates, such as CBD oil, have no psychoactive effects as they have no THC content
• In 2019, North America accounted for the largest share in the global cannabis concentrates market. This can be attributed to high utilization owing to government approvals
• Key players operating in the cannabis extract market include Canopy Growth Corporation; Aphria Inc.; Aurora Cannabis; Maricann Inc.; Tilray; Organigram Holdings Inc.; Tikun Olam, Ltd.; and The Cronos Group

Grand View Research has segmented the global cannabis extract market on the basis of product, extract type, and country:

Cannabis Extract Product Type Outlook (Revenue, USD Million, 2016 - 2027)

• Oils
• Tinctures

Cannabis Extract Type Outlook (Revenue, USD Million, 2016 - 2027)

• Full spectrum
• Isolates

Cannabis Extract Regional Outlook (Revenue, USD Million, 2016 - 2027)

• US.
• Canada
• Germany
• Italy
• Netherlands
• Israel
• Australia
• Argentina
• Colombia
• Mexico
• Croatia
• Poland
• Czech Republic
• Switzerland
• Uruguay
• Chile

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.

Emission Monitoring Systems Market Analysis By Demand, Opportunities, Current Trends & Predictions

 The global emission monitoring systems market size is expected to reach USD 4.43 billion by 2025, expanding at a CAGR of 8.6% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. Increased deployment and usage in oil and gas, power generation, and metals and mining industries in emerging economies such as China and India are expected to drive the growth.

Emission Monitoring Systems (EMS) have enabled companies to accurately detect, report, and reduce the concentration of harmful gases and improve air quality. The deployment of EMS has also helped regulatory agencies and departments to efficiently monitor emissions from various industries such as oil and gas, metals and mining, and chemical and fertilizer. Technological advancements such as predictive analytics and the development of sensitive and advanced sensors have significantly contributed to the growth of the emission monitoring systems market.

Recognizing the negative consequences of harmful gases into the atmosphere, governments across the globe have taken major steps to monitor and reduce emission levels. Changing regulatory framework, stringent emission standards, and improvement in the data reporting process are also some of the significant factors driving the market growth. Apart from these, growing investment in environmental management, along with personnel health protection are promoting the adoption of EMS.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/emission-monitoring-systems-market

Further key findings from the study suggest:

• CEMS segment is expected to expand at the highest CAGR of 8.7% over the forecast period owing to increased adoption of these systems in oil and gas upstream and downstream
• Development of PEMS capable of higher accuracy in emission detection is further expected to drive the demand and adoption of the systems by major companies in oil and gas, power generation, and chemical and fertilizer industries
• Hardware segment presently leads the emission monitoring systems market and is also anticipated to be the fastest growing segment over the forecast period. Stringent government regulations and air quality standards by the Environmental Protection Agency (EPA) and European Committee for Standardization of emission monitoring are expected to have a positive influence on growth in U.S. and Europe, respectively
• Asia Pacific is expected to register the highest CAGR from 2019 to 2025 due to the establishment of new refineries and capacity enhancement of existing refineries to meet the rapidly growing crude oil consumption
• The key industry players include Ametek, Inc.; ABB Ltd.; Emerson Electric Company; General Electric Company; Horiba Ltd.; Enviro Technology Services Plc.; Fuji Electric Co., Ltd.; Siemens AG; Thermo Fisher Scientific Inc.; and Rockwell Automation, Inc.; among others.

Grand View Research has segmented the global emission monitoring systems market based on type, component, end use, and region.

Emission Monitoring System Type Outlook (Revenue, USD Million, 2014 - 2025)

• Continuous Emission Monitoring System (CEMS)
• Predictive Emission Monitoring System (PEMS)

Emission Monitoring System Component Outlook (Revenue, USD Million, 2014 - 2025)

• Hardware
• Software
• Service
  • Installation & Deployment
  • Training
  • Support & Maintenance

Emission Monitoring System End Use Outlook (Revenue, USD Million, 2014 - 2025)

• Chemical & Fertilizer
• Metals & Mining
• Oil & Gas
• Pharmaceutical
• Power Generation
• Pulp & Paper
• Others

Emission Monitoring System Regional Outlook (Revenue, USD Million, 2014 - 2025)

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

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.

Road Marking Machine Market Is Expected To Gain Significant Traction Over The Forecast Period: Grand View Research Inc.

 The global road marking machine market size is anticipated to reach USD 11.32 billion by 2025 expanding at a CAGR of 9.3%, according to a new report by Grand View Research, Inc. Rapid globalization, industrialization, and urbanization along with technological developments are triggering the demand for high-quality infrastructure. With a view to achieve balanced regional economic growth governments across the world have increased their spending on infrastructure development.

Thus, rising investment in road infrastructure by key governments, specifically in emerging economies of APAC and CSA, are expected to propel the market over the forecast period. On the basis of product type, the market is segmented into manual, semi-automatic, and fully automatic machines. Manual machines are projected to account for the largest market share over the forecast period as they are used across various industries owing to ease of operation, compatibility with a variety of paint materials, and low operational cost.

On the basis of application, the market is segmented into road, car park markings, anti-skid, and other markings. Road markings was the largest application segment in 2018 and held 28.25% of the global market share. These markings includes line striping on highways, city roads, and sideways, among others. Car park markings is likely to be the fastest-growing segment with a CAGR of 10.5% over the forecast period owing to rising need for these markings at hotels, buildings, sideway car parking, and public car parking places.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/road-marking-machine-market

Further key findings from the study suggest:

• Asia Pacific accounts for the largest share of the global road marking machine market and is expected to retain its dominance over the forecast period
• China is the major revenue-generator in the APAC region and is anticipated to reach USD 1.17 billion by 2025
• North America market is anticipated to witness a steady growth owing to increased investments for road safety and maintenance
• S. is one of the prominent markets in North America and is projected to expand at the fastest CAGR of 3.9% over the forecast period
• Manual type is expected to be the largest as well as fastest-growing machine type segment over the estimated period
• Car parking markings application segment is anticipated to register the highest CAGR of 10.5% during the forecast years
• Key companies in this market are Hofmann GmbH; Borum A/S; Graco Inc.; RME Road Marking Equipment; STiM Group; Dayu Road Marking; Automark Industries; Titan Tool Inc.; TATU Traffic Group; and Zhenjiang Winfar Transport Facilities Co., Ltd.

Grand View Research has segmented the global road marking machine market on the basis of machine type, application, and region:

Road Marking Machine Type Outlook (Revenue, USD Million, 2015 - 2025)

• Manual
• Semi-Automatic
• Fully Automatic

Road Marking Machine Application Outlook (Revenue, USD Million, 2015 - 2025)

• Road
• Car Park
• Anti-Skid
• Others

Road Marking Machine Regional Outlook (Revenue, USD Million, 2015 - 2025)

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

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.

Sports Analytics Market Predicted to Cross USD 4.6 Billion by 2025: Grand View Research Inc.

 Sports Analytics Market Growth & Trends

The global sports analytics market size is expected to reach USD 4.6 billion by 2025, expanding at a CAGR of 31.2%, according to a new study by Grand View Research, Inc. Increasing preference for sports as a career option coupled with the growing demand for tracking and monitoring live data of players is expected to drive the market growth. Use of analytics in sporting events help different stakeholders including sportsperson, associations, and fanatics to get in-depth insights on live in-game activity as well as the past game events.

Sports generate huge amount of data that can be used for tracking player information and thereby gain competitive insights on opponent’s strategy. Companies worldwide are investing in research and development in order to develop state-of-the-art solutions that can process such voluminous data and help end-users gain competitive insights. Several gaming associations such as the Royal Spanish Football Federation, German Football Association, and National Basketball Association (NBA) have begun implementing analytical tools. Such tools help in crunching numbers in order to predict the possible outcome of a future game event as well as to gain insights on individual player and team performance.

Analytical tools use historically generated data as well as on-going real-time statistics to provide insightful information to the stakeholders involved in sports ecosystem. Analytical tools help gain first-hand information such as opponent history, win-loss records, player line-up, and player specific info including speed attained, acceleration achieved, and energy levels. Moreover, this data is also used by aficionados, which in turn, increases their involvement in the game. Growing involvement of fans thus helps to increase the popularity of the sport among people.

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

Sports Analytics Market Report Highlights

• The market is witnessing growth owing to wide range of benefits offered by analytic solutions, especially with respect to the in-game strategy formulation
• The software segment held a major share in the market, accounting for more than 55.0% of the total revenue generated in 2018. With the advent of cloud computing and associated benefits in terms of flexibility offered with respect to accessibility, demand for cloud-based analytical solutions a has surged over the last few years
• The on-field analysis segment dominated the market in 2018 and is expected to expand at the highest CAGR during the forecast period. This is owing to growing popularity of game that needs player monitoring through use of sensors embedded in clothes and equipment
• The off-field segment is expected to exhibit a considerable CAGR owing to the growing trend towards understanding the dynamics of the game among aficionados
• The football segment held the major share in 2018. Higher share of this segment is attributed to tremendous popularity of the sport, especially among European countries
• North America is expected to account for the highest share followed by Europe during the forecast period. Growing investments by the companies in developed markets to develop advanced big data analytics solutions is flourishing the regional market
• Key players include Experfy Projects; Oracle; IBM Corporation; SAP; Sportradar AG; Tableau Software; and SAS Institute Inc.

Sports Analytics Market Segmentation

Grand View Research has segmented the global sports analytics market on the basis of component, analysis type, sport, and region:

Sports Analytics Component Outlook (Revenue, USD Million, 2014 - 2025)

• Software
• Services

Sports Analytics Analysis Type Outlook (Revenue, USD Million, 2014 - 2025)

• On-field
  • Player & Team Analysis
  • Video Analysis
  • Health Assessment
• Off-field
  • Fan Engagement
  • Ticket Pricing

Sports Analytics Sport Outlook (Revenue, USD Million, 2014 - 2025)

• Football
• Cricket
• Baseball
• Basketball
• Rugby
• Others

Sports Analytics Regional Outlook (Revenue, USD Million, 2014 - 2025)

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

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.

Ride Sharing Market to Penetrate Untapped Regions During 2019 to 2025: Grand View Research Inc.

 The global ride sharing market size is projected to reach USD 11.94 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 7.5% during the forecast period. Increasing awareness in regular commuters regarding environmental deterioration due to vehicle emission is expected to drive the growth.

The unprecedented expansions of cities and towns and the inherent traffic congestion issues are anticipated to play a crucial role in driving the market for ride sharing in the forthcoming years. Growth in international trade and globalization has facilitated development of many major and minor economies all over the world. This economical and industrial growth has directly impacted the demographics and helped rapid urbanization in many countries.

The B2C business type ride sharing segment is estimated to lead the ride sharing market in 2017 and is expected to continue its dominance through the forecast period. This expanison is attributed to the introduction of ride sharing module in the existing platforms provided by established ride hailing players. The peer-to-peer ride sharing segment is expected to register the highest CAGR over the forecast period, attributed to rising awareness among commuters and also to introduction of newer user-friendly platforms.

The corporate type of commute is estimated to lead the ride sharing market with a slight edge, however the short distance commutes segment is expected to take the lead in the market over the forecast period. The long distance commute type is also projected to register healthy growth amid growing trend of sharing personal vehicles through ride sharing platforms in North America and Europe.

North America led with a market share of around 45.0% in 2017. The region is home to the two major players - Uber and Lyft - competiting to gain more customer base. Asia Pacific followed North America to take the second spot in terms of market share. However, the region is expected to overtake North America over the forecast period. Didi Chuxing and OLA are the two major players in the Asian market.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/ride-sharing-market

Further key findings from the study suggest:

• The North American short distance segment was valued at USD 1.04 billion in 2017
• Indian B2C market is expected to reach USD 815.0 million by 2025, registering a CAGR of 12.7% from 2018 to 2025
• B2C business model and short distance commute is expected to lead the ride sharing market till 2025
• Latin American long distance segment is expected to expand at a CAGR of 9.1% from 2018 to 2025
• South East Asia is another prominent market with the presence of many developing countries such as Indonesia and Thailand in ASEAN nations
• Key market players include GRAB, Uber, and Didi Chuxing among others.

Grand View Research has segmented the global ride sharing market on the basis of business model and commute type:

Ride Sharing Business Model Outlook (Revenue, USD Million, 2015 - 2025)

• P2P
• B2C
• B2B

Ride Sharing Commute Type Outlook (Revenue, USD Million, 2015 - 2025)

• Long Distance
• Corporate
• Short Distance

Ride Sharing Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • France
• Asia
  • China
  • India
  • South Korea
• South East Asia
  • ASEAN
  • Australia
• Latin America
  • Brazil
  • Mexico
• RoW

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.

Real-Time Payments Market to Grow at CAGR of 29.3% from 2019 to 2025: Grand View Research Inc.

 Real-Time Payments Market Size, Share & Trends Analysis Report By End-use Industry, By Nature of Payment (P2B, B2B, P2P), By Enterprise Size (Large, SME), By Component, By Deployment, And Segment Forecasts, 2019 - 2025

The global real-time payments market size is estimated to reach at USD 39.02 billion by 2025 registering a CAGR of 29.3%, according to a new study by Grand View Research, Inc. Real-time payments are digital/electronic payments that allow the immediate transfer of funds in real time through a secured payment gateway. Growing e-commerce sector and adoption of smartphones coupled with the rising need for fast and convenient payment solutions in large and Small & Medium Enterprises (SMEs), are anticipated to fuel the RTP market expansion.

The real time payments infrastructure can significantly enhance the payments’ stakeholders experience of disbursements and refunds – a frequent issue for merchants and consumers alike as card refunds generally take at least a few days to process and clear. Real-time payments solutions are being widely adopted across various industries, such as retail and e-commerce, BFSI, and IT & telecom, owing to their benefits in terms of speed, security, and transparency. Rising demand for advanced analytics for payment-related data from merchants and corporate users is also driving the market.

Moreover, availability of advanced online payment systems, such as Google Pay, Apple Pay, and Samsung Pay, and rising adoption of such solutions by large e-commerce retailers are expected to lead the market growth over the forecast period. Additionally, favorable government initiatives about digital payments across emerging economies, such as India, and China, are estimated to create significant opportunities for market entrants. The Asia Pacific market is anticipated to witness a significant expansion over the forecast period due to increasing e-commerce sales and adoption of smartphones.

Key companies in the market focus on M&A to enhance their product portfolios, expand geographical presence, and consumer base to deliver RTP solutions across various industries. For instance, in June 2016, MasterCard Inc. acquired VocaLink Holdings Ltd. (92.4% stakes) for a deal worth USD 920 million, which allowed MasterCard to strengthen its role in the U.K. payments ecosystem. However, growing cybersecurity concerns and lack of network interoperability among multiple payment-related schemes, such as Automated Clearing House (ACH) and Society for Worldwide Interbank Financial Telecommunications (SWIFT), could hamper the market growth.

Access Research Report of Real-Time Payments Market @ https://www.grandviewresearch.com/industry-analysis/real-time-payments-market

Further key findings from the study suggest:

• The Asia Pacific regional market accounted for the largest share in the past and is anticipated to witness the highest CAGR over the forecast period
• This growth can be attributed to the increasing number of new instant payment providers and government initiatives to promote digital payments
• Retail and consumer goods industry held the largest market share in the past and is expected to register the maximum CAGR during the forecast years
• This growth is mainly due to high demand for instant payment solutions from of large- and small-sized e-retailers and merchants
• Prominent companies in the market are Finastra; MasterCard, Inc.; Fidelity National Information Services, Inc. (FIS Inc.); Fiserv, Inc.; ACI Worldwide, Inc.; and Visa, Inc.
• These companies focus more on M&A to enhance product and services portfolios and expand regional presence

Grand View Research has segmented the global real-time payments market on the basis of nature of payment, component, deployment, enterprise size, end-use industry, and region:

RTP Nature of Payment Outlook (Revenue, USD Million, 2015 - 2025)

• P2B
• B2B
• P2P
• Others

RTP Component Outlook (Revenue, USD Million, 2015 - 2025)

• Solutions
• Services

RTP Deployment Outlook (Revenue, USD Million, 2015 - 2025)

• On-Premises
• Cloud-Based

RTP Enterprise Size Outlook (Revenue, USD Million, 2015 - 2025)

• Large Enterprises
• Small & Medium Enterprises (SMEs)

RTP End-use Industry Outlook (Revenue, USD Million, 2015 - 2025)

• Retail & E-Commerce
• BFSI
• IT & Telecom
• Travel & Tourism
• Healthcare
• Government
• Energy & Utilities
• Others

RTP Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
• Europe
• Asia Pacific
• South America
• MEA (Middle East & Africa)

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.