Dental Bone Graft And Substitutes Market to Witness Soaring Growth During 2021 – 2028

 Dental Bone Graft And Substitutes Market Growth & Trends

The global dental bone graft and substitutes market size is expected to reach USD 1.3 billion by 2028 registering a CAGR of 11.4%, according to a new report by Grand View Research, Inc. The increasing number of dental implant surgeries, the growing target population, and new product launches are the major growth propelling factors for the market. According to the Population Reference Bureau 2018 statistics, by 2050, from 13 countries to around 82 countries across the world are anticipated to have more than 20% of the geriatric population. Thus, perpetual growth in the population aged 60 years and above is anticipated to result in an increased prevalence of periodontal diseases.

Moreover, the rising adoption of synthetic bone grafts over autografts and allografts due to advantages, such as lesser chances of disease transmission, is further propelling the market growth. The growing medical tourism sector in developing countries is another factor driving the market. Countries, such as South Korea, India, and Turkey, are constantly gaining popularity in dental tourism due to cheaper costs and advanced treatment options. In addition, the rising number of periodontists and oral surgeons is boosting the market growth.

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Dental Bone Graft And Substitutes Market Report Highlights

• The synthetic material type is expected to be the fastest-growing segment over the forecast period owing to its better acceptance and reduced risk of disease transmission
• Socket preservation application segment held the largest market in 2020 owing to the increasing number of dental implant surgeries and growing concerns regarding dental health
• The dental clinic end-use segment is expected to account for the maximum revenue share of the global market by 2028 due to the availability of surgeons and advanced treatment options offered in dental clinics
• Asia Pacific is expected to emerge as the fastest-growing regional market from 2021 to 2028 owing to the rapidly expanding medical tourism sector and growing disposable income
• Europe held the largest share in 2020 due to the increased number of dental implant surgeries in this region; however, North America is estimated to lead the market, in terms of revenue share, during the forecast period

Dental Bone Graft And Substitutes Market Segmentation

Grand View Research has segmented the global dental bone graft and substitutes market on the basis of material type, application, end-use, and region:

Dental Bone Graft And Substitutes Material Type Outlook (Revenue, USD Million, 2016 - 2028)

• Allograft
  • Demineralized Bone Matrix
  • Others
• Autograft
• Xenograft
• Synthetic

Dental Bone Graft And Substitutes Application Outlook (Revenue, USD Million, 2016 - 2028)

• Ridge Augmentation
• Sinus Lift
• Periodontal Defect Regeneration
• Implant Bone Regeneration
• Socket Preservation

Dental Bone Graft And Substitutes End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Dental Clinics

Dental Bone Graft And Substitutes Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Dental Bone Graft And Substitutes Market

• Institut Straumann AG
• Dentsply Sirona
• Medtronic PLC
• Zimmer Biomet
• RTI Surgical, Inc.
• Geistlich Pharma AG
• BioHorizons
• Orthogen
• Dentium Co., Ltd.
• LifeNet Health

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.

Veterinary Medicine Market to Reflect Impressive Expansion During 2021 to 2028: Grand View Research Inc.

 Veterinary Medicine Market Growth & Trends

The global veterinary medicine market size is expected to reach USD 50.8 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.4% from 2021 to 2028. The companion animal segment is anticipated to demonstrate the fastest growth during the forecast period owing to the increasing prevalence of chronic diseases and rising demand for advanced treatment alternatives for canines suffering from chronic diseases.

COVID19 pandemic resulted in to regulatory changes which are anticipated to iron out the disruptions thereby increasing manufacturing and adoption of vet medicines in near future. The federal government has taken various relief measures which include new tax provisions, small business loans and unemployment insurance in order to respond to the pandemic and support the veterinarians. AVMA has also taken supportive measures to support small veterinary businesses or practices. In August 2020 USFDA stated that, 6 out of 32 animal drug companies who source their API from China could soon face shortages. Due to labor shortage, there is also reduced capacity to work on animal health activities such as vaccination, good biosecurity and prophylactic treatment. The manufacturing units are taking preventive measures for uninterrupted production of veterinary drugs.

Growing consumption of meat is fueling the demand for mandatory vaccination for animals, which results in the market growth. According to The World Counts, Denmark, the global meat production has increased 2-fold from 1988 to 2018. It also stated that meat consumption is estimated to range between 460 - 570 million tons by 2050. Such factors are expected to drive the growth of the market during the forecast period.

The market leaders are involved in strategic collaborations, regional expansion, and new product launch to sustain the competition. For instance, in Elanco acquired Bayer’s animal health division in August 2020 in an attempt to strengthen its R&D capabilities, eCommerce presence, and multiply its product portfolio. Additionally, in March 2020, Virbac signed an agreement with Pebble Labs for co-development and commercialization of products for disease prevention in aquatic animals.

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Veterinary Medicine Market Report Highlights

• The production animal segment dominated the overall revenues share as of 2020 and is projected to show a CAGR of over 7.3% from 2021 to 2028. Increasing focus on food safety and sustainability by government healthcare organizations globally is contributing to market growth
• North America held a major market share as of 2020, due to the high prevalence of zoonotic diseases in this region. Moreover, reimbursement programs across the U.S. make this continent a major contributor to the market
• Europe held the second largest market share owing to the favorable government regulations such as the EU Veterinary Medicines Regulation and high number of insured pets in the Western European countries
• The industry participants are focusing on strategic collaborations, acquisitions, investing in new product segments, mergers, and new product launches to gain a competitive edge in the market
• Some of the leading players are expected to maintain their market position during the forecast period in terms of product penetration, regional presence, revenue, as well as strategic initiatives
• The biologics segment which includes vaccines and other such products is expected to exhibit the fastest growth over the forecast period owing to the increasing awareness regarding important of vaccination in animals
• The oral mode of administration is expected to grow at the fastest growth rate owing to the increasing incidence of chronic conditions in pets
• The reference laboratories held a considerable market share of about 9% in 2020 in the market as the laboratories enable testing of various infections, toxic agents, and different ailments in specimens obtained from pets
• Asia Pacific is anticipated to witness lucrative growth of around 8.0% owing to increasing adoption of pet animals, growing health concerns about the animals, and rising prevalence of diseases in animals

Veterinary Medicine Market Segmentation

Grand View Research has segmented the global veterinary medicine market on the basis of animal type, product, mode of delivery, end use, and region:

Veterinary Medicine Animal Type Outlook (Revenue, USD Million, 2016 - 2028)

• Production
  • Poultry
  • Swine
  • Cattle
  • Sheep & Goats
  • Fish
• Companion
  • Dogs
  • Cats
  • Horses
  • Others

Veterinary Medicine Product Outlook (Revenue, USD Million, 2016 - 2028)

• Biologics
  • Vaccine
    • Live attenuated vaccines
    • DNA Vaccines
    • Recombinant Vaccines
    • Inactivated Vaccines
    • Others
  • Others
• Pharmaceuticals
  • Parasiticides
  • Anti-infectives
  • Anti-inflammatory
  • Analgesics
  • Others
• Medicated Feed Additives

Veterinary Medicine Mode of Delivery Outlook (Revenue, USD Million, 2016 - 2028)

• Oral
• Parenteral
• Others (Topical, carrier)

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

• Reference Laboratories
• Point-of-care testing/In-house testing
• Veterinary Hospitals & Clinics
• Others

Veterinary Medicine Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Veterinary Medicine Market

• Merck Animal Health
• Ceva Sante Animale
• Vetoquinol S.A.
• Zoetis
• Boehringer Ingelheim GmbH
• Elanco
• Nutreco N.V.
• Virbac
• Kindred Biosciences, Inc.
• Biogenesis Bago
• Indian Immunologicals Ltd
• Neogen Corporation
• Hester Biosciences
• Philbro Animal Health

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.

Video Streaming Market to Mark a Highest CAGR of 21.0% Through 2028: Grand View Research Inc.

 

Video Streaming Market Growth & Trends

The global video streaming market size is expected to reach USD 223.98 billion by 2028, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 21.0% from 2021 to 2028. Rising technological advancements such as the implementation of block-chain technology in video streaming and the use of artificial intelligence to improve video quality are expected to boost the demand for the market over the forecast period. Furthermore, the growing adoption of cloud-based video streaming solutions for increasing the reach of video content is directly influencing the growth. This trend is observed in numerous parts of the North American and Asia Pacific regions. The reasons attributing to the growth of the market are rapid digitalization, increasing use of mobiles and tablets, and the growing popularity of online video streaming.

The factors such as the rising demand for on-demand video and extensive growth of online video are the key growth drivers for the market. Also, the increasing demand for high-speed internet connectivity acts as an advantage for the market to grow over the forecast period. The growing acceptance of smartphones in combination with an extensive range of high-speed internet technologies such as 3G, 4G, and LTE has substantially led to the increasing use of video streaming. Also, the growing demand for devices that can support digital media is helping consumers to access media content anywhere across the world.

The market can be categorized, based on streaming type, into live video and non-linear video. The streaming of content via the internet and which can be displayed by the viewer in real-time can be defined as live video streaming. Further key findings from the report suggest that a live video segment is expected to portray the highest growth over the forecast period. In contrast, the non-linear video segment is expected to grow over the forecast period majorly due to the increasing demand for streaming of content via the internet and which can be viewed in real-time.

Further, the COVID-19 outbreak requires people to stay indoors and confine themselves at home for a prolonged period. This situation is expected to have a positive impact on video streaming services’ viewership and engagement. Moreover, it has resulted in an increased need for entertainment, thus resulting in higher consumption of video streaming services. The viewership of video streaming services has drastically risen across the globe, several video streaming platforms, including Netflix, Amazon Prime Video, YouTube, Disney+ have registered a spike in the viewership worldwide.

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Video Streaming Market Report Highlights

• The increasing usage of videos in corporate training and the impact of video streaming in the education sector are anticipated to drive the market growth
• The over-the-top (OTT) segment is expected to expand at the highest CAGR over the forecast period
• The Asia Pacific regional market is expected to have significant growth over the forecast period, majorly due to the increasing demand for high-speed internet connectivity and the growing demand for on-demand video streaming
• The key players in the market are Akamai Technologies; Amazon Web Services, Inc.; Apple Inc.; Cisco Systems, Inc.; Google; Kaltura, Inc.; Netflix; International Business Machine Corporation (IBM Cloud Video); Wowza Media Systems, LLC; AT&T Intellectual Property; and Hulu

Video Streaming Market Segmentation

Grand View Research has segmented the global video streaming market based on streaming type, solution, platform, service, revenue model, deployment type, user, and region:

Video Streaming Type Outlook (Revenue, USD Billion, 2017 - 2028)

• Live Video Streaming
• Non-Linear Video Streaming

Video Streaming Solution Outlook (Revenue, USD Billion, 2017 - 2028)

• Internet Protocol TV
• Over-the-Top (OTT)
• Pay-TV

Video Streaming Platform Outlook (Revenue, USD Billion, 2017 - 2028)

• Gaming Consoles
• Laptops & Desktops
• Smartphones & Tablets
• Smart TV

Video Streaming Service Outlook (Revenue, USD Billion, 2017 - 2028)

• Consulting
• Managed Services
• Training & Support

Video Streaming Revenue Model Outlook (Revenue, USD Billion, 2017 - 2028)

• Advertising
• Rental
• Subscription

Video Streaming Deployment Type Outlook (Revenue, USD Billion, 2017 - 2028)

• Cloud
• On-Premises

Video Streaming User Outlook (Revenue, USD Billion, 2017 - 2028)

• Enterprise
  • Corporate Communications
  • Knowledge Sharing & Collaborations
  • Marketing & Client Engagement
  • Training & Development
• Consumer
  • Real-Time Entertainment
  • Web Browsing & Advertising
  • Gaming
  • Social Networking
  • E-Learning

Video Streaming Regional Outlook (Revenue, USD Billion, 2017 - 2028)

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

List of Key Players of Video Streaming Market

• Akamai Technologies
• Amazon Web Services, Inc.
• Apple Inc.
• Cisco Systems, Inc.
• Google LLC
• Kaltura, Inc.
• Netflix, Inc.
• International Business Machine Corporation (IBM Cloud Video)
• Wowza Media Systems, LLC
• Hulu, 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.

Data Collection And Labeling Market Size Is Expected To Reach $8.22 Billion by 2028

 

Data Collection And Labeling Market Growth & Trends

The global data collection and labeling market size is expected to reach USD 8.22 billion by 2028, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 25.6% from 2021 to 2028. Data collection and labeling refer to the process of collecting datasets from online sources and other sources and labeling them based on their nature, data type, and feature. Data gathering and its annotation, combined with artificial intelligence (AI) technology, have created valuable growth opportunities in several verticals, such as gaming, social networking, and e-commerce. For instance, Twitter and Facebook, two major platforms in the world of social networking, have benefited from the image processing technology in terms of audience engagement as they have created a more connected experience by encouraging users to share images and tag their friends.

The advent of digital capturing devices, particularly cameras built into smartphones, has led to an exponential growth in the volume of digital content in the form of images and videos. A vast amount of visual and digital information is being captured and shared through several applications, websites, social networks, and other digital channels. Several businesses have leveraged this available online content to deliver smarter and better services to their customers, with the use of data annotation. For instance, Scale AI, Inc., the U.S.-based tech start-up, has provided valuable data labeling services to its autonomous driving customers, including Waymo LLC; Lyft, Inc.; Zoox; and Toyota Research Institute.

However, data cleaning remains a significant challenge involved in data labeling. Also, considering the time, complexity, and cost associated with the development of machine learning models, many companies may not have the resources who can produce acceptable and accurate results. Therefore, several companies are taking strategic initiatives to expand their business in the field of artificial intelligence-based data gathering. For instance, in July 2020, Microsoft acquired Orions Digital Systems, Inc., a U.S.-based data management solutions provider, to boost its Dynamics 365 Connected Store capabilities. This acquisition is anticipated to proliferate the use of computer vision and IoT sensors to help retailers better understand customer behavior and manage their physical spaces.

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Data Collection And Labeling Market Report Highlights

• Automated image organization offered by cloud-based applications and telecom companies is one of the most popular uses of data gathering that has improved the users’ experience and drawn the customers’ attraction towards this technology
• Several benefits, such as better security and automation of identification, are the factors encouraging the implementation of facial recognitionat significant public spaces or events

• The advent of large-scale cloud-hosted AI and machine learning platforms offered by tech giants, has led to the implementation of data annotation with multiple functions such as facial recognition, object recognition, and landmark detection
• The growing integration of digital image processing and mobile computing platforms in various applications such as digital shopping and document verification are propelling market growth

Data Collection And Labeling Market Segmentation

Grand View Research has segmented the global data collection and labeling market based on data type, vertical, and region:

Data Collection And Labeling Data Type Outlook (Revenue, USD Million, 2017 - 2028)

• Audio
• Image/ Video
• Text

Data Collection And Labeling Vertical Outlook (Revenue, USD Million, 2017 - 2028)

• IT
• Automotive
• Government
• Healthcare
• BFSI
• Retail & E-commerce
• Others

Data Collection And Labeling Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Data Collection And Labeling Market

• Reality AI
• Globalme Localization Inc.
• Global Technology Solutions
• Alegion
• Labelbox, Inc
• Dobility, Inc.
• Scale AI, Inc.
• Trilldata Technologies Pvt Ltd
• Appen Limited
• Playment 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.

Drug Discovery Outsourcing Market to Reach $5.4 Billion by 2028

 

Drug Discovery Outsourcing Market Growth & Trends

The global drug discovery outsourcing market size is expected to reach USD 5.4 billion by 2028 registering a CAGR of 7.4% over the forecast period, according to a new report by Grand View Research, Inc. Drug discovery is a costly and lengthy process. This has forced pharmaceutical and biotech companies to opt for outsourcing their research activities to academic and private Contract Research Organizations (CROs). Thus, factors such as high R&D costs, patent expiration of best-selling drugs, and the need to speed up the drug discovery process, are expected to boost the demand for outsourcing of drug discovery in the coming years.

Rising cases of chronic diseases have compelled companies to develop better medicines. Some of the key therapeutic areas where companies are actively involved in outsourcing include oncology, cardiovascular, and anti-infectives. In November 2020, AstraZeneca collaborated with 9 of the foremost oncology medical centers to expedite research in some of the hardest-to-treat cancers. The company will be funding clinical and non-clinical research proposals from members within this network. The COVID-19 pandemic has brought pharmaceutical companies in limelight. It is demonstrating the value of drug discovery and development.

Several companies are proactively involved in developing an effective vaccine to treat the disease. Pfizer Inc. and BioNTech SE received the first approval for the vaccine following a worldwide Phase 3 trial of a potential strain to combat the virus. As for clinical trials, many of them are halted, while some are functional by adopting remote monitoring technologies. Thus, the pandemic has brought the pharmaceutical industry to center-stage, with drug discovery outsourcing becoming a key aspect to develop effective treatments against the virus. This is expected to boost the market revenue for the next 2 years i.e. a short-term boom, after which it shall regain its original growth curve.

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Drug Discovery Outsourcing Market Report Highlights

• Lead identification & candidate optimization was the dominant workflow segment of the global market in 2020
• The segment will retain its leading position throughout the forecast period as lead identification & candidate optimization is one of the critical processes in drug discovery
• The oncology therapeutics area segment is projected to register the fastest CAGR from 2021 to 2028
• The small molecules drug type segment led the market in 2020 and is also projected to record the fastest growth rate during the forecast period. This, however, may change in the short term with a higher emphasis on biologics
• In terms of revenue share, North America is estimated to be the leading regional market during the forecast period
• However, Asia Pacific is projected to be the fastest-growing regional market from 2021 to 2028 owing to government initiatives to forge alliances with the U.S. pharmaceutical companies

Drug Discovery Outsourcing Market Segmentation

Grand View Research has segmented the global drug discovery outsourcing market on the basis of workflow, therapeutics area, drug type, and region:

Drug Discovery Outsourcing Workflow Outlook (Revenue, USD Million, 2016 - 2028)

• Target Identification & Screening
• Target Validation & Functional Informatics
• Lead Identification & Candidate Optimization
• Preclinical Development
• Other Associated Workflow

Drug Discovery Outsourcing Therapeutics Area Outlook (Revenue, USD Million, 2016 - 2028)

• Respiratory System
• Pain & Anesthesia
• Oncology
• Ophthalmology
• Hematology
• Cardiovascular
• Endocrine
• Gastrointestinal
• Immunomodulation
• Anti-Infective
• Central Nervous System
• Dermatology
• Genitourinary System

Drug Discovery Outsourcing Drug Type Outlook (Revenue, USD Million, 2016 - 2028)

• Small Molecules
• Large Molecules (Biopharmaceuticals)

Drug Discovery Outsourcing Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Drug Discovery Outsourcing Market

• Albany Molecular Research Inc.
• EVOTEC
• Laboratory Corporation of America Holdings
• GenScript
• Pharmaceutical Product Development, LLC
• Charles River
• WuXi AppTec
• Merck & Co., Inc.
• Thermo Fisher Scientific Inc.
• Dalton Pharma Services
• Oncodesign
• Jubilant Biosys
• DiscoverX Corporation
• QIAGEN

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 Projected to Register 33.0% CAGR from 2021 to 2028: Grand View Research Inc.

 

Real-Time Payments Market Growth & Trends

The global real-time payments market size is expected to reach USD 99.73 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 33.0% from 2021 to 2028. The growing internet penetration rate and the proliferation of smartphones are expected to drive the growth of the market over the forecast period. The initiatives being pursued by various governments across the world to promote digital payments are expected to contribute to the growth.

Digital payment solution providers are putting a strong emphasis on ensuring security while making payments using smartphones and bank cards, among other payment methods. Advances in the latest technologies, such as AI and blockchain, are particularly opening opportunities for digital payment solution providers to offer efficient and secure digital payment solutions. For instance, in October 2019, SnapPay Inc. announced the launch of a new facial recognition payment technology for retail store merchants in North America.

Technology companies, such as Facebook, Amazon, WeChat, Alipay, and Google, among others, are focusing on strengthening their presence in the market for real-time payments. For instance, in December 2020, Facebook announced that it has gone live with the payments feature on the WhatsApp messaging platform in India. The initiative fell under the company’s efforts to explore new opportunities in the market.

The outbreak of the COVID-19 pandemic is anticipated to create new opportunities for the market players. Individuals are increasingly opting for contactless payment methods as part of the efforts to arrest the spread of coronavirus. The growing preference for online shopping amid the outbreak of the pandemic is also expected to propel the growth of the market over the forecast period.

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Real-Time Payments Market Report Highlights

• The P2B segment is expected to continue dominating the market over the forecast period. The continued growth of e-commerce and m-commerce is expected to drive the segment growth
• The solution segment is expected to continue dominating the market over the forecast period. The growing consumer preference for various digital payment solutions is expected to drive the growth of the segment
• The preference for cloud-based real-time payment solutions is growing owing to their agility and the flexibility they can offer for consumers and businesses while making and receiving payments
• The increasing number of e-commerce startups across the globe is anticipated to drive the demand for real-time payment solutions over the forecast period
• Government bodies are increasingly deploying smart ticketing systems across various public transport systems, which is creating an opportunity for vendors of real-time payment solutions
• Continued digitalization in emerging economies, such as China and India, is expected to create growth opportunities for vendors of real-time payments solutions in the Asia Pacific regional market

Real-Time Payments Market Segmentation

Grand View Research has segmented the global real-time payments market based on payment type, component, deployment, enterprise size, end-use industry, and region.

Real-Time Payments Payment Type Outlook (Revenue, USD Million, 2016 - 2028)

• P2B
• B2B
• P2P
• Others

Real-Time Payments Component Outlook (Revenue, USD Million, 2016 - 2028)

• Solutions
  • Payment Gateway
  • Payment Processing
  • Security & Fraud Management
• Services
  • Advisory Services
  • Integration & Implementation Services
  • Managed Services

Real-Time Payments Deployment Outlook (Revenue, USD Million, 2016 - 2028)

• Cloud
• On-premise

Real-Time Payments Enterprise Size Outlook (Revenue, USD Million, 2016 - 2028)

• Large Enterprises
• Small & Medium Enterprises

Real-Time Payments End-use Industry Outlook (Revenue, USD Million, 2016 - 2028)

• Retail & E-commerce
• BFSI
• IT & Telecom
• Travel & Tourism
• Government
• Healthcare
• Energy & Utility
• Others

Real-Time Payments Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Sweden
  • Denmark
  • Switzerland
• Asia Pacific
  • China
  • India
  • Japan
  • Singapore
• South America
  • Brazil
  • Argentina
• Middle East & Africa

List of Key Players of Real-Time Payments Market

• ACI Worldwide, Inc.
• Mastercard Incorporated
• Finastra
• Visa Inc.
• PayPal Holdings, Inc.
• Fiserv, Inc.
• Fidelity National Information Services, Inc. (FIS Inc.)
• Wirecard AG
• Worldpay, Inc.
• Temenos AG
• Montran Corporation
• Volante Technologies 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.

Medical Device Outsourcing Market is Expected to Witness a CAGR of 11.2% over the Forecast Period

 

Medical Device Outsourcing Market Growth & Trends

The global medical device outsourcing market size is expected to reach USD 227.1 billion by 2028 registering a CAGR of 11.2%, according to a new report by Grand View Research, Inc. Rising demand for advanced medical products is the key factor fueling the market growth. Regulatory bodies are emphasizing the quality of the healthcare devices provided to the public. Thus, to meet the regulatory standards, market players are using various services like regulatory consulting. For example, the European Medical Device Regulation undertakes special spontaneous inspection of outsourced products to test the quality as well as conformity with the standards.

Contract manufacturers in developed countries like the EU nations comply with the international standards for a quality management system, which makes them a preferred option as compared to the ones in developing countries like India and China. However, the regulatory changes anticipated in the developing countries ensure compliance by contract manufacturers. Demand for regulatory compliance is expected to boost the growth of consulting services, such as remediation, compliance, and QMS, thereby contributing to the growth of the global market.

However, the current pandemic has put the MedTech industry at the center stage with unmatched demand for PPE, diagnostic tests, ventilators, and other critical supplies. Besides the ongoing extraordinary measures to promptly ramp up the manufacturing capacity & capabilities, Medtech leaders are seeking outside their boundaries of the normal sector to explore innovative solutions to supplement the capacity, such as open-source equipment design, as well as partnerships with firms outside the sector.

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Medical Device Outsourcing Market Report Highlights

• The contract manufacturing segment led the market in 2020 with a revenue share of 55.4% and will retain its position throughout the forecast period
• This growth is due to the increasing trend of outsourcing by OEMs to third-party manufacturers, especially in emerging countries
• The quality assurance services segment is projected to exhibit the fastest CAGR over the forecast period
• Asia Pacific was the dominant regional market in 2020 owing to the easy availability of skilled human resources

Medical Device Outsourcing Market Segmentation

Grand View Research has segmented the global medical device outsourcing market on the basis of service, application, and region:

Medical Device Outsourcing Service Outlook (Revenue, USD Million, 2016 - 2028)

• Quality Assurance Services
• Regulatory Affairs Services
  • Clinical Trials Applications & Product Registrations
  • Regulatory Writing & Publishing
  • Legal Representation
  • Other
• Product Design & Development Services
  • Designing & Engineering
  • Machining
  • Molding
  • Packaging
• Product Testing & Sterilization Services
• Product Implementation Services
• Product Upgrade Services
• Product Maintenance Services
• Contract Manufacturing
  • Accessories Manufacturing
  • Assembly Manufacturing
  • Component Manufacturing
  • Device Manufacturing

Medical Device Outsourcing Application Outlook (Revenue, USD Million, 2016 - 2028)

• Cardiology
  • Class I
  • Class II
  • Class III
• Diagnostic Imaging
  • Class I
  • Class II
  • Class III
• Orthopedic
  • Class I
  • Class II
  • Class III
• IVD
  • Class I
  • Class II
  • Class III
• Ophthalmic
  • Class I
  • Class II
  • Class III
• General & Plastic Surgery
  • Class I
  • Class II
  • Class III
• Drug Delivery
  • Class I
  • Class II
  • Class III
• Dental
  • Class I
  • Class II
  • Class III
• Endoscopy
  • Class I
  • Class II
  • Class III
• Diabetes Care
  • Class I
  • Class II
  • Class III
• Others
  • Class I
  • Class II
  • Class III

Medical Device Outsourcing Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Medical Device Outsourcing Market

• SGS SA
• IQVIA
• Toxikon, Inc.
• Eurofins Scientific SE
• Pace Analytical Services, Inc.
• Intertek Group plc
• WuXi AppTec, Inc.
• North American Science Associates, Inc.
• Charles River Laboratories International, Inc.
• PAREXEL International Corp.

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. E-cigarette & Vape Market to Incur Meteoric Growth During 2021 to 2028: Grand View Research Inc.

 U.S. E-cigarette & Vape Market Growth & Trends

The U.S. e-cigarette & vape market size is expected to reach USD 40.25 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 27.3% from 2021 to 2028. Various factors, such as the rapid growth of vape shops in the U.S. and the increasing popularity of e-cigarettes among the youth population, is expected to drive the market growth over the forecast period. E-cigarettes and vape mods are being increasingly used by users as a substitute for smoking traditional cigarettes.

Due to the increasing health concern over the usage of conventional tobacco cigarettes, the market is expected to witness significant growth. The U.S. owns the widest e-cigarette and vape mod distribution network for sale. However, the new taxation rules among the states of the country are expected to act as potential threats to market growth during the forecast period.

Users across the globe are focusing on using personalized vaporizers. These vaporizers allow a high degree of customization by which the user can keep track of the battery strength, amount of vapor, and amount of nicotine consumed. The rapid surge in the number of available flavors that can be used to fill the cartridge is expected to drive the market growth over the forecast period.

In the U.S., the increasing usage of flavored electronic cigarettes among high school students is expected to propel the market growth. The cases of tobacco-related cancer in the U.S. are increasing. This, as a result, users are looking for alternatives to tobacco smoking, thereby driving the market growth.

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U.S. E-cigarette & Vape Market Report Highlights

• The modular devices segment is expected to emerge as the fastest-growing segment over the forecast period as these devices are known for their high vapor production. Moreover, these devices can be constantly refilled by users
• An increasing shift in consumer preferences from conventional smoking to e-cigarette and e-liquids is expected to drive the e-liquid segment growth over the forecast period. To make sure that e-liquids are harmless for consumption in e-cigarettes, e-liquid manufacturers are collaborating with research scientists to improve on the safety standards
• The online distribution channel segment is expected to emerge as the fastest-growing segment over the forecast period. Numerous players across the globe are planning and executing online advertising campaigns, which catch the attention of youth since e-cigarette and vapeare growing as a trend in the extensive social media influencer community

U.S. E-cigarette & Vape Market Segmentation

Grand View Research has segmented the U.S. e-cigarette and vape market based on product, component, and distribution channel:

U.S. E-cigarette & Vape Product Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2028)

• Disposable
• Rechargeable
• Modular Devices

U.S. E-cigarette & Vape Component Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2028)

• Atomizer
• Vape Mod
• Cartomizer
• E-liquid

U.S. E-cigarette & Vape Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Online
• Retail Store
  • Convenience Stores
  • Drug Stores
  • News Stands
  • Tobacconist
  • Specialty E-cigarette Stores

List of Key Players of U.S. E-cigarette & Vape Market

• Reynolds American Inc.
• Imperial Brands
• Altria Group, Inc.
• Japan Tobacco Inc.
• Philip Morris International
• International Vapor Group
• British American Tobacco
• Nicquid
• Shenzhen IVPS Technology Co., Ltd.
• Shenzhen KangerTech Technology 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.

Brain Implants Market to Reflect a Holistic Expansion During 2021 to 2028: Grand View Research Inc.

 Brain Implants Market Growth & Trends

The global brain implants market size is anticipated to reach USD 9.2 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.1% from 2021 to 2028. The rise in neurological disorders such as epilepsy, Parkinson’s disease, depression, and tremors as well as growing investments in R&D to develop cost-effective brain implants is attributing to the growth of the market.

Presence of large number of population base suffering from various neurological and physiological disorders and conditions is expected to boost the demand for the implants during the forecast period. For instance, rising prevalence of Parkinson’s disease is boosting the demand for the implants as it helps in improving the movement of the body and reduces the need for drugs. As per the Parkinson’s Foundation 2016 report, over 10 million people globally are living with PD. Thus, with the increasing cases of Parkinson’s disease, the need for the implants is anticipated to grow lucratively.

In addition, technological advancement such as self-charging brain implants and memory chips is anticipated to provide the market with growth opportunities over the forecast period. For instance, in January 2020, Abbott’s Infinity DBS received an extended indication approval from the U.S. FDA for PD treatment.

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Brain Implants Market Report Highlights

• On the basis of product type, the deep brain stimulator segment dominated the market in 2020 and accounted for the largest revenue share of 37.0% owing to rising geriatric population prone to neurological diseases coupled with growing investments in development of the stimulators
• Based on application, the chronic pain segment dominated the market in 2020 with the share of 58.8% due to increasing prevalence of chronic pain disorders such as migraine, leg pain, and disk surgery pain. According to Migraine Research Foundation 2020, Migraine is the 3rd most prevalent neurological illness across the world, affecting 1.0 billion worldwide
• North America dominated the market with the highest revenue share of 42.9% in 2020. This is due high prevalence of psychological disorders, availability of highly skilled physicians, and rise in awareness about treatments in this continent
• Asia Pacific is expected to significantly lead the market in the future from 2021 to 2028 owing to increasing affordability and rising number of awareness programs about benefits of the implant

Brain Implants Market Segmentation

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

Brain Implants Product Outlook (Revenue, USD Million, 2016 - 2028)

• Deep Brain Stimulator
• Spinal Cord Stimulator
• Vagus Nerve Stimulator

Brain Implants Application Outlook (Revenue, USD Million, 2016 - 2028)

• Chronic Pain
• Epilepsy
• Parkinson’s Disease
• Depression
• Essential Tremor
• Alzheimer’s Disease

Brain Implants Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Brain Implants Market

• Medtronic
• Boston Scientific Corporation
• Jude Medical (Abbott)
• NeuroPace, Inc.
• Nevro Corporation
• Synapse Biomedical Inc.
• Aleva Neurotherapeutics SA

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Home Bedding Market Report by Opportunity, Demand, Major Driving Factors and Business Growth Strategies

 Home Bedding Market Growth & Trends

The global home bedding market size is expected to reach USD 147.09 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.0% from 2021 to 2028. The market is driven by the increasing consumer preference for adjustable beds, which has progressed in the lockdown caused by Covid-19 as an aid to suitably adjust the work-from-home culture. This trend has risen the penetration of customizable mattresses and bed linens, thereby boosting the market growth. Higher residential growth across regions indicating rising housing construction as well as housing permits is bound to revamp the market demand.

According to the Federal Statistical Office (Destatis), the construction of a total of 32,500 dwellings was permitted in Germany in November 2020. Compared with the corresponding period of 2019, this is an increase of 8.9% or 2,700 dwellings. However, the industry also faces significant instances of uncertainties projected by the International Sleep Products Association in 2018. For instance, the U.S. mattress industry has been affected by international trade. While imports of finished mattresses have continued to surge, their long-term significance is complicated by both higher tariffs on finished mattresses and many components, and a pending antidumping investigation on mattresses from China.

Increased consumer inclination towards working from their homes and beds has caused intermittent growth for premium and quality bedding products. According to Jerry Epperson, a mattress industry veteran and managing director of investment banking and corporate advisory firm Mann, Armistead & Epperson based in Virginia, the bedding industry enjoyed a year-over-year sales increase of more than 30% in October 2020. Moreover, the industry is benefiting from new innovations, such as high-tech adjustable bases, and interest in ancillary products sold, such as luxury pillows.

Higher traction towards designed bedrooms is linked to period dramas and active series on the OTT platforms wherein a large chunk of consumers is engaged as a cause of higher time spent indoors. One such period drama influencing a majority of consumers is Netflix’s period drama Bridgerton. It turns out that the hit series has inspired many of us to add a touch of Regency-era decor into homes. Bridgerton bedrooms alone have gained increased popularity, with an 81% increase in Google search since the show aired, according to a blog by Real Homes as of 17^th January 2021. This trend has influenced consumers to adopt layering as adding a mixture of different textures and tones into a bedroom by using cushions, bedsheets, and throws is a simple way to build a luxurious feel. This scenario is likely to offer growth opportunities for the market.

Bed linens held the largest share of 31.6% in 2020. This dominance is primarily due to the increasing consumer preference for quality over brands. This has encouraged manufacturers to offer new and improved quality products with attractive designs. With the increasing preference for superior quality products, companies are focusing on introducing plant-based bed linen that claims to be softer than cotton and provides breathability and moisture control.

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Home Bedding Market Report Highlights

• Asia Pacific is expected to register the fastest CAGR from 2021 to 2028. The regional demand for home bedding products is anticipated to grow due to the increase in the purchasing power of consumers, rising housing constructions, and growing consumer awareness regarding quality as well as sustainable bedding products
• The offline distribution channel segment dominated the market by accounting for 68.9% share in 2020
• By type, the bed linen segment held the largest share of 31.6% in 2020 owing to its higher penetration across households

Home Bedding Market Segmentation

Grand View Research has segmented the global home bedding market on the basis of type, distribution channel, and region:

Home Bedding Type Outlook (Revenue, USD Million, 2016 - 2028)

• Mattress
• Bed Linen
• Pillows
• Blankets
• Others

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

• Offline
• Online

Home Bedding Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Home Bedding Market

• Acton & Acton Ltd.
• American Textile Company
• Beaumont & Brown Ltd
• Boll & Branch LLC
• WestPoint
• Pacific Coast Feather Company
• Hollander
• Portico Inc.
• Crane & Canopy
• Bombay Dyeing

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.

Laser Hair Removal Market Industry Analysis Comparing Industry Prospects And Challenges Of Investing

 Laser Hair Removal Market Growth & Trends

The global laser hair removal market size is expected to reach USD 2.8 billion by 2028 registering a CAGR of 20.6% over the forecast period, according to a new report by Grand View Research, Inc. Increasing demand for non-invasive hair removal procedures is expected to drive the market growth. Technological advancements, such as the introduction of ultra-technology, are also projected to boost the market growth.

The ultra-technology is more secure than earlier techniques and the prevalence of side-effects, such as burning sensations and temporary rashes on the skin, can be easily healed with topical applications. Asia Pacific is anticipated to register the fastest CAGR during the forecast period owing to the high prevalence of skin disorders in the emerging economies and the rise in disposable income of consumers. Moreover, growing e-commerce penetration is driving the market due to easy availability of advanced products.

The Covid-19 pandemic has created several challenges for the aesthetics industry. Initially, most of the clinics had halted their services with only emergency procedures to be performed. This has impacted the market growth. However, recently, due to ease of lockdown restrictions, services have resumed in a staggered manner with strict measures to be followed. This will boost the market growth.

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Laser Hair Removal Market Report Highlights

• The Nd:YAG laser type segment is expected to register the fastest CAGR from 2021 to 2028 owing to the high efficiency of these products on all skin types, including tanned skin, and faster repetition rates
• The beauty clinics end-use segment is expected to lead the global market, in terms of revenue share as well as growth rate, during the forecast period owing to an increase in demand for advanced aesthetics devices for hair removal
• The dermatology clinics segment is projected to account for a significant market share by 2028 due to the availability of skilled professionals and efficient treatments with extreme safety and comfort
• North America was the dominant regional market in 2020 and is expected to expand further at a steady CAGR from 2021 to 2028 owing to a huge market of dermatology clinics and the adoption of innovative devices

Laser Hair Removal Market Segmentation

Grand View Research has segmented the global laser hair removal market on the basis of laser type, end-use, and region:

Laser Hair Removal Laser Type Outlook (Revenue, USD Million, 2016 - 2028)

• Diode
• Nd:YAG
• Alexandrite

Laser Hair Removal End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Beauty Clinics
• Dermatology Clinics
• Home Use

Laser Hair Removal Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Laser Hair Removal Market

• Syneron Medical Ltd.
• Sciton, Inc.
• Alma Lasers, Ltd.
• Cynosure, Inc.
• Cutera Inc.
• Lumenis Ltd.
• Lutronic Corp.
• Lynton Lasers Ltd.
• Solta Medical, Inc.
• Strata Skin Sciences, Inc.
• Venus Concept Canada Corp.

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.

Facial Injectables Market Analysis by Recent Industry Developments and Regional Growth by 2028: Grand View Research Inc.

 

Facial Injectable Market Growth & Trends

The global facial injectable market size is expected to reach USD 27.7 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.8% from 2021 to 2028. The facial injectable is a substance that is used to reduce wrinkles and restore volume and fullness in the face. It is injected beneath the facial skin surface. Some commonly used facial injectables include hyaluronic acid, botulinum toxin type A, and polymer fillers.

The growing focus on physical appearance, especially in developing countries, is one of the key factors expected to drive the market. In addition, a shift in consumer preference toward minimally invasive procedures is expected to support market growth. According to the American Society of Plastic Surgeons (ASPS), in 2019, botulinum toxin A and soft tissue fillers were among the top 5 minimally invasive procedures carried out in the U.S. Thus, facial injectable holds high growth prospects in the years to come.

The Asia Pacific region is expected to serve as a key revenue-generating center. The region is backed by countries, such as India, where a growing focus on physical appearance is expected to create a lucrative opportunity for the market. Companies such as Allergan are also expanding their presence in the country owing to the rise in the middle-class population, backed by increasing disposable income.

With non-urgent and cosmetic surgeries being put on hold in most of the clinics across the world, surgeons are consulting their patients via telemedicine. Some surgeons are expecting an initial rush once the clinic reopens due to backlog cases, however, in the long run, they predict changes in the near future. There will also be an additional impact on revenue. With deep sanitization and PPEs to be worn for even injectable procedures, small businesses are expected to undergo the overhead expense and a decreased revenue, many could even shut down.

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Facial Injectable Market Report Highlights

• By product, the botulinum toxin type A segment led the market in 2020 and is projected to dominate throughout the forecast period. It is one of the most popularly used minimally invasive procedures
• Based on application, the aesthetics segment is projected to be the fastest-growing segment over the forecast period owing to the rise in the use of facial injectables for aesthetic procedures, such as the treatment of wrinkles on the face
• North America dominated the market in 2020 with a share of over 41.0% owing to the easy availability of the products and the presence of a large number of skilled surgeons

Facial Injectable Market Segmentation

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

Facial Injectable Product Outlook (Revenue, USD Million, 2016 - 2028)

• Collagen
• Hyaluronic Acid (HA)
• Botulinum Toxin Type A
• Calcium Hydroxylapatite (CaHA)
• Polymer Fillers
  • Polymethylmethacrylate beads (PMMA Microspheres)
  • Poly-L-Lactic Acid (PLLA)

Facial Injectable Application Outlook (Revenue, USD Million, 2016 - 2028)

• Aesthetics
• Therapeutics

Facial Injectable Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
  • Switzerland
  • Netherlands
  • Belgium
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • Thailand
  • South Korea
  • Malaysia
  • Singapore
  • Indonesia
  • Philippines
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE
  • Israel
  • Turkey

List of Key Players of Facial Injectable Market

• ALLERGAN
• Ipse
• Merz Pharma
• Suneva Medical, Inc.
• Medytox, Inc.
• Sinclair Pharma
• Bloomage BioTechnology Corporation Limited
• Anika Therapeutics, Inc.
• Prollenium Medical Technologies Inc.
• Galderma S.A.

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.

Digital Pathology Market Size Is Expected To Reach USD 1.5 Billion by 2028

 Digital Pathology Market Growth & Trends

The global digital pathology market size is expected to reach USD 1.5 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.8% from 2021 to 2028. The increasing prevalence of chronic diseases triggers the demand for advanced diagnostics, which is expected to drive market growth. Growing economic stability and awareness pertaining to the benefits of using Computer-Aided Diagnostics (CAD) is further contributing to the growth.

Moreover, supportive regulations amidst COVID-19 pandemic is anticipated to increase penetration of digital pathology system in coming years. A March 2020 memorandum issued by the CMS stated that laboratories would be allowed to utilize temporary testing sites, such as homes, for digital pathology review and reporting, even if they are not CLIA-certified (provided that certain criteria are met). This waiver gives pathology labs the necessary regulatory flexibility to remotely maintain operations during the pandemic.

During the pandemic, interim extraordinary measures were put in place in relation to Medical Device Single Audit Program (MDSAP) audits. These allowed substitutions of on-site audits with alternative arrangements, such as desktop audit, remote audit, hybrid audit, and surrogate audit. In July 2020, Proscia received MDSAP certification.

Digital pathology has an important role in companion diagnostics and drug development pipeline, including molecular biology, biobanking, molecular tissue profiling, and tissue microarray analysis. Increasing demand for high-quality tissue samples in tissue-based biomarker research is expected to propel the adoption of the technology over the forecast period.

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Digital Pathology Market Report Highlights

• Devices held the dominant market share in 2020 owing to increased use in academic research
• The rising implementation of slide management system in stratified medicine and tissue-based biomarker research is one of the key contributing factors for the dominance of this technology
• The software segment is expected to witness lucrative growth in the near future as the product assists in faster diagnosis and synchronization of patient data, where healthcare professionals can remotely access this information
• Digital pathology is increasingly used in academic research owing to various benefits, such as cost-effectiveness and rapid results
• The disease diagnosis segment is expected to witness lucrative growth over the forecast period owing to the increasing prevalence of cancer and demand for noble diagnosis techniques
• The availability of unified platforms for workflows in pathology is anticipated to boost the usage of computer-aided imaging technology in academic research, which is anticipated to boost segment growth
• Hospitals led the end-use segment in 2020 owing to the increasing adoption of digital pathology
• The market is expected to remain innovation-led, with frequent acquisitions and strategic alliances. New product development and well-established distribution channels are key to the competitive advantage of leading players
• An increasing usage rate of the digital imaging systems to facilitate faster diagnosis, particularly of chronic diseases; the increased uptake of these products serves as the key driver of this market

Digital Pathology Market Segmentation

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

Digital Pathology Product Outlook (Revenue, USD Million, 2016 - 2028)

• Software
• Device
• Storage System

Digital Pathology Application Outlook (Revenue, USD Million, 2016 - 2028)

• Drug Discovery & Development
• Academic research
• Disease Diagnosis

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

• Hospitals
• Biotech & pharma companies
• Diagnostic Labs
• Academic & research institutes

Digital Pathology Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Switzerland
  • Sweden
• Asia Pacific
  • Japan
  • China
  • India
  • Indonesia
  • Thailand
  • Australia
  • South Korea
  • Philippines
  • Malaysia
  • Singapore
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East and Africa (MEA)
  • Saudi Arabia
  • South Africa
  • Turkey
  • Iran
  • United Arab Emirates
  • Israel

List of Key Players of Digital Pathology Market

• Danaher
• Hamamatsu Photonics, Inc
• Koninklijke Philips N.V.
• Olympus Corporation
• Hoffmann-La Roche Ltd
• Mikroscan Technologies
• Inspirata, Inc
• Visiopharm A/S
• Huron Digital Pathology
• 3DHISTECH Ltd.
• ContextVision AB

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. Assisted Living Facility Market Industry Analysis , Opportunity Assessment And Forecast Till 2027: Grand View Research Inc.

 U.S. Assisted Living Facility Market Growth & Trends

The U.S. assisted living facility market size is expected to reach USD 119.2 billion by 2027, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.3% from 2021 to 2027. The rising incidence of brain injury, growing geriatric population, and technological developments are expected to boost the market growth during the forecast period.

In the U.S., the assisted living facilities (ALF) provide meals, housekeeping services, social and recreational activities, and exercise and wellness programs. They also provide medical assistance in case of an emergency. Adults opting for assisted living pay for it from their savings and investments. Community service providers, household vendors, and premium elderly homes offer the required assistance and facilities to meet the daily necessities of the elderly.

The rise in the geriatric population due to the increased life expectancy is expected to grow rapidly in the future. According to the National Institute on Aging (NIA), globally, around 8.5% of the population is aged 65 years and above. As per the data published by the Population Reference Bureau, the number of Americans aged 65 years and above is projected to reach 95 million by 2060, from 52 million in 2018; by percentage, the age group of 65 years and above is expected to increase from 16% in 2018 to 23% by 2060.

Based on the nature of the population served and service provision, residents at assisted living facilities may be at a high risk of contracting COVID-19. To cope with the situation, in March 2020, CMS released guidelines for nursing homes and ALFs to help curb the spread of the novel coronavirus. These measures include prohibitions on visitors and nonessential staff, daily monitoring for symptoms, screening employees, implementing infection control and cleaning protocols, ensuring social distancing, hiring and training additional employees, adjusting activities, and paying bonuses and overtime. The majority of these facilities were not allowed to accept new residents, and therefore, had no new revenue streams for the additional expenses associated with the virus, which is hampering the market growth.

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U.S. Assisted Living Facility Market Report Highlights

• The industry is witnessing dynamic mergers, acquisitions, and joint venture agreements. For instance, in July 2019, Kindred Healthcare, in a joint venture with Atlantic Health System, completed the construction of a 38-bed comprehensive inpatient rehabilitation facility - Atlantic Rehabilitation Institute — in Madison, NJ
• Key players in the U.S. market for the assisted living facility are taking up initiatives, such as merger & acquisition, joint ventures, and partnerships, in order to increase their market presence
• In August 2020, Integral Senior Living entered into a partnership with Investcor Development, along with Bow River Capital and SMC Construction, to develop a new assisted living and memory care community at Sparks, Nevada

List of Key Players of U.S. Assisted Living Facility Market

• Atria Senior Living, Inc.
• Kindred Healthcare, Inc.
• Brookdale Senior Living Solutions
• Integral Senior Living
• Five Star Senior Living
• Sunrise Senior Living, Inc.
• Merrill Gardens
• Capital Senior Living
• Gardant Management Bradley
• Belmont Village, L.P.

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.

Biotechnology & Pharmaceutical Services Outsourcing Market Will Target Emerging Markets by 2028: Grand View Research Inc.

 Biotechnology & Pharmaceutical Services Outsourcing Market Growth & Trends

The global biotechnology and pharmaceutical services outsourcing market size is expected to reach USD 91.4 billion by 2028 registering a CAGR of 5.2%, according to a new report by Grand View Research, Inc. The high demand for biologics along with small molecules has led to the expansion of service portfolios of Contract Manufacturing Organizations (CMOs)/Contract Research Organizations (CROs) for biotechnology and pharmaceutical production. Small pharma/biotech companies are facing challenges while performing in-house development, regulatory affairs, product maintenance, product design & development, product testing & validation, and training & education, such as lack of substantial expertise and expensive capability. This, in turn, has created lucrative opportunities for the growth of CMOs & CROs. Contract services are growing and becoming strategic, targeted, and planned. These factors are expected to play a pivotal role in enhancing the share of CMOs/CROs in the overall market.

Growing pricing pressure, regulatory challenges, and patent expiration have led to shrinking margins in the biotech and pharmaceutical industry. Contract services offer cost saving to their clients and also help save time utilized in operations and management of a production & research facility. Furthermore, outsourcing services assist in overcoming trade barriers and facilitate the entry of firms into foreign markets. Owing to these advantages, several firms choose to outsource services rather than investing capital in production equipment and hiring skilled labor.

The coronavirus outbreak is having a considerable impact on biotech and pharma third-party service providers as well as clinical trials, resulting in trial delays, suspensions, and terminations. The global crisis has emphasized the need for virtual trials and leveraging on technology & software solutions. Increasing adoption of machine learning-based platforms & Artificial Intelligence (AI), innovative trial designs, and automation in drug manufacturing are projected to transform the CRO and CMO landscape in the coming years. Biopharmaceutical & pharmaceutical investments in novel and innovative therapies, for instance, regenerative medicine, are driving the R&D activity together with drug development services.

The biologics industry has grown substantially in recent years to include novel product types including nanobodies, rDNA, synthetic vaccines, fusion proteins, soluble receptors, immunoconjugates, and immunotherapeutics. Owing to the revolutionization of disease therapy through biologics, this sector has also provided many opportunities to explore hybrid structures that combine biologics with well-defined chemical entities. The significant growth of biologics is expected to drive the demand for outsourcing of biologics development and manufacturing.

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Biotechnology & Pharmaceutical Services Outsourcing Market Report Highlights

• The consulting service segment led the market in 2020 and will retain its dominant position throughout the forecast period
• Biotechnology and pharmaceutical companies are increasingly opting for consulting services due to factors, such as the increasing number of fraudulent cases and discrepancies in intellectual property rights
• The pharma end-use segment is expected to lead the market in terms of revenue share as well as CAGR over the forecast period as the pharma companies outsource internal activities at a larger scale due to rising pricing pressure and increasing competition
• North America was the dominant regional market in 2020 due to the presence of biotechnology and pharmaceutical companies and the high quality of services offered by the CROs and CMOs in the region
• However, Asia Pacific is anticipated to register the fastest CAGR over the forecast period owing to improved regulatory frameworks, the high scope for cost savings, availability of cheap labor & skilled personnel, and rapid growth of the biotechnology and pharmaceutical industry in the region

Biotechnology & Pharmaceutical Services Outsourcing Market Segmentation

Grand View Research has segmented the global biotechnology and pharmaceutical services outsourcing market on the basis of service, end-use, and region:

Biotech & Pharma Services Outsourcing Service Outlook (Revenue, USD Million, 2016 - 2028)

• Consulting
  • Regulatory Compliance
  • Remediation
  • Quality Management Systems Consulting
  • Others
• Auditing & Assessment
• Regulatory Affairs
  • Clinical Trial Applications & Product Registration
  • Regulatory Writing & Publishing
  • Legal Representation
  • Others
• Product Maintenance
• Product Design & Development
• Product Testing & Validation
• Training & Education
• Others

Biotech & Pharma Services Outsourcing End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Pharma Companies
• Biotech Companies

Biotech & Pharma Services Outsourcing Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Biotechnology & Pharmaceutical Services Outsourcing Market

• The Quantic Group
• IQVIA
• Parexel International Corp.
• Lachman Consultant Services, Inc.
• GMP Pharmaceuticals Pty Ltd.
• Concept Heidelberg GmbH
• Covance, Inc.
• Charles River Laboratories
• PRA Health Sciences
• ICON plc

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.