Market Research Size

Thursday, 11 February 2021

Thermal Paper Market to Reach USD 6.03 Billion by 2028

Thermal Paper Market Growth & Trends

The global thermal paper market size is expected to reach USD 6.03 billion by 2028 registering a CAGR of 5.2%, according to a new report by Grand View Research Inc. The growing product usage in tags & labels in the food & beverages and pharmaceutical industries is expected to drive the market growth over the forecast period. The rapid growth of the retailing industry in India, China, Indonesia, Brazil, UAE, and Saudi Arabia is boosting the use of retail transactions through PoS terminals. In addition, strict labeling norms in the food & beverages and pharmaceutical industries are further expected to boost the product demand.

The growing popularity of the gaming and casino industry across the world is also expected to provide a significant boost to the global market. Las Vegas, Singapore, and Macao are some of the most popular destinations that have gained prominence due to their gaming and casino industry. Increasing footfall at these places is expected to prove beneficial to the market growth. Companies in the Asia Pacific, particularly in Japan, have established their production units as well as strategic business channels in Europe and the U.S to cater to the buyers at the domestic level. Some of the manufacturers have formed partnerships with local roll converters for ensuring product supply to their consumers.

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Thermal Paper Market Report Highlights

In China, the tags & label segment is expected to grow at a CAGR 6.9% over the forecast period on account of growing product adoption in tags & labels in the food & beverages and retailing industries of the country
In 2020, the revenue for the PoS application segment in the North America region stood at USD 709.6 million owing to the wide use of PoS machines at supermarkets, cafeterias, gas stations, and retail stores
In Germany, the market is anticipated to reach USD 264.7 million by 2028 on account of increasing product usage in tags & labels for inventory management purposes in the regional manufacturing industry
The PoS application segment in India is expected to register a CAGR of 11.4% over the forecast owing to the continued efforts by the Government of India to promote various types of cashless transaction modes
With the growing restrictions of Bisphenol A-based products, manufacturers are progressively launching phenol-free thermal paper products in key markets

Thermal Paper Market Segmentation

Grand View Research has segmented the global thermal paper market on the basis of application and region:

Thermal Paper Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

Point-of-Sale (PoS)
Lottery & Gaming
Tags & Labels
Others

Thermal Paper Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Thermal Paper Market

Ricoh Company, Ltd.
Oji Holdings Corporation
MPM Ltd.
Appvion Incorporated
Jujo Thermal Ltd.
Lecta Group

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 Infusion Therapy Market Expected To Trigger A Revenue To USD 44.7 Billion By 2028: Grand View Research, Inc.

Home Infusion Therapy Market Growth & Trends

The global home infusion therapy market size is expected to reach USD 44.7 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.5% from 2021 to 2028. Home infusion therapy involves the intravenous or subcutaneous administration of drugs or biological products to an individual at home. Favorable government policies and regulations are expected to propel market growth. In February 2018, the Bipartisan Budget Act of 2018 was signed into a law that states that all temporary payments of home infusion therapy in the U.S. will be covered by the government in accordance with this regulation.

In addition, the rising prevalence of chronic diseases, such as cardiovascular diseases (CVDs), cancer, diabetes, and other life-threatening conditions, is expected to have a high impact on market growth. According to a report by the WHO, the above-mentioned diseases accounted for 60.0% of the total deaths and 43.0% of the disease burden in the U.S. in 2019. This creates the need to infuse nutritional products that contain glutamine, phospholipids, glucose, and amino acids while administering medication to patients, which, in turn, is expected to boost the market growth.

The ongoing COVID-19 pandemic is expected to create lucrative opportunities for the market. Due to restrictions caused by COVID-19, patients are waiting to seek treatment until they feel safe. Moreover, patients who seek infusion therapy already have diseases that weaken their immune systems. In such cases, going outside even to receive treatment becomes a potential threat. Reduced operating hours have led to difficulty in scheduling appointments as well, even if patients choose to continue treatment. Hence, home infusion therapy is expected to play a key role in supporting patients.

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Home Infusion Therapy Market Report Highlights

By product, the infusion pumps segment held the largest revenue share in 2020 owing to the increasing use of delivery fluids, such as nutrients and medications
The anti-infective application segment dominated the market in 2020 as a large number of procedures are performed during the administration of medications, such as antibiotics and antifungals
North America dominated the global market in 2020 owing to increasing demand for new technologies, along with advanced healthcare infrastructure
The Asia Pacific market is projected to witness the fastest growth over the forecast period owing to the increasing number of diabetic patients in the region

Home Infusion Therapy Market Segmentation

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

Home Infusion Therapy Product Outlook (Revenue, USD Million, 2016 - 2028)

Infusion Pumps
- Elastomeric Pumps
- Electromechanical
- Gravity
- Others
Intravenous Sets
IV Cannulas
Needleless Connectors

Home Infusion Therapy Application Outlook (Revenue, USD Million, 2016 - 2028)

Anti-infective
Endocrinology
- Diabetes
- Others
Hydration Therapy
- Athletes
- Others
Chemotherapy
Enteral Nutrition
Parenteral Nutrition
Specialty Pharmaceuticals
Others

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

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

List of Key Players of Home Infusion Therapy Market

CVS/Coram
Option Care Health
BriovaRx/Diplomat (UnitedHealth Optum)
PharMerica
Fresenius Kabi
ICU Medical, Inc.
Braun Melsungen AG
Baxter
BD
Caesarea Medical Electronics
Smiths Medical
Terumo Corporation
JMS Co. Ltd.

About Grand View Research

Ophthalmic Drugs Market Size Is Expected To Reach USD 60.3 Billion by 2028

Ophthalmic Drug Market Growth & Trends

The global ophthalmic drugs market size is expected to reach USD 60.3 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.4% from 2021 to 2028. An increase in the prevalence of eye-related disorders, such as presbyopia, macular degeneration, and diabetic retinopathy, is one of the major drivers of the market. According to the American Academy of Ophthalmology, over 2.71 million people in the U.S. were affected by Primary Open-angle Glaucoma (POAG) in 2011, and the number is estimated to reach 7.3 million by 2050.

Moreover, due to COVID-19, it has become increasingly unsafe for individuals to touch their face several times a day, which is a known cause of transmission. Therefore, companies are developing long-acting, hands-free therapies to combat such challenges. For instance, in April 2020, Ocular Therapeutix, Inc. completed Phase III clinical trial to evaluate the safety and efficacy of DEXTENZA for allergic conjunctivitis. It is a hands-free therapy administered in the office setting as an intracanalicular insert. It is bioresorbable and designed to release the corticosteroid dexamethasone to the ocular surface, lasting 30 days. It is a one-time and long-acting therapy that can be useful during the COVID-19 crisis.

Investors are increasingly funding companies to support the clinical development of novel treatments for eye diseases thereby fueling the market growth. For instance, in February 2019, Oyster Point Pharma, Inc. received USD 93 million series B financing from Invus Opportunities, Flying L Partners, New Enterprise Associates (NEA), Versant Ventures, and Vida Ventures. The company’s product candidates include OC-01 and OC-02 in a Phase 2b clinical trial.

In addition, increasing development and approval of new laboratory methods is expected to boost the market growth. For instance, in July 2020, Quest Diagnostics received emergency Use Authorization (EUA) from the U.S. FDA for a laboratory technique that was developed for extracting viral RNA. This new technique was designed to expand the testing capacity of COVID-19 molecular tests.

Furthermore, key players in the market undertake various strategies to strengthen their product portfolios and offer diverse, technologically advanced, and innovative products. For instance, in September 2019, Alcon introduced iLUX Patient Care Kits to support practices in treating people with dry eyes in the U.S.

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Ophthalmic Drug Market Report Highlights

In 2020, anti-VEGF agents dominated the market owing to high preference by ophthalmologists, enhanced tissue penetration, and rapid responsive rates
Retinal disorders was the fastest-growing disease segment in 2020 owing to an increase in the prevalence of age-related macular degeneration and diabetic retinopathy, technological advancements, and rising strategic collaborations
The topical route of administration dominated the market in 2020 due to the high patient compliance, non-invasiveness, and self-administrability
The eye drops segment is estimated to witness the fastest growth over the forecast period due to impending launches of several ophthalmic solutions and suspensions in the near future and its direct drug delivery mechanism
North America dominated the market and accounted for the largest revenue share in 2020 owing to the rising consumer awareness, high disease burden, technological advancements, and proactive government measures

Ophthalmic Drug Market Segmentation

Grand View Research has segmented the global ophthalmic drugs market on the basis of drug class, disease, dosage form, route of administration, product type, and region.

Ophthalmic Drugs Class Outlook (Revenue, USD Million, 2017 - 2028)

Antiallergy
Anti-VEGF Agents
Anti-inflammatory
- Nonsteroidal Drugs
- Steroidal Drugs
Antiglaucoma
Others

Ophthalmic Drugs Disease Outlook (Revenue, USD Million, 2017 - 2028)

Dry Eye
Eye Allergy
Glaucoma
Eye Infection
Retinal Disorders
- Macular Degeneration
- Diabetic Retinopathy
- Others
Uveitis
Others

Ophthalmic Drugs Dosage Form Outlook (Revenue, USD Million, 2017 - 2028)

Gels
Eye Solutions
Capsules & Tablets
Eye Drops
Ointments

Ophthalmic Drugs Route of Administration Outlook (Revenue, USD Million, 2017 - 2028)

Topical
Local Ocular
- Subconjunctival
- Intravitreal
- Retrobulbar
- Intracameral
Systemic

Ophthalmic Drugs Product Type Outlook (Revenue, USD Million, 2017 - 2028)

Prescription Drugs
OTC Drugs

Ophthalmic Drugs Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Ophthalmic Drugs Market

Alcon
Johnson & Johnson Services, Inc.
Bausch Health
Allergan
Pfizer, Inc.
Bayer AG
Santen Pharmaceutical Co. Ltd.
Genentech, Inc.
Novartis AG
Regeneron
Merck & Co.
Coherus Biosciences, Inc.

About Grand View Research

Digital Health Market to Expand at a CAGR of 15.1% Through 2028: Grand View Research Inc.

Digital Health Market Growth & Trends

The global digital health market size is expected to reach USD 295.4 billion by 2028 and is projected to expand at a CAGR of 15.1% over the forecast period, according to a new report by Grand View Research, Inc. Rising smartphone penetration & integration of advanced technologies, such as the internet of things (IoT) & artificial intelligence (AI), and increasing implementation of mHealth technologies for self-management of chronic diseases, such as diabetes, are some of the major factors driving the market. In addition, increasing demand for enhancing workflow efficiency in clinics, hospitals, and other healthcare centers is further boosting the demand for mHealth services thereby, aiding the market growth.

Moreover, ongoing technological advancements for developing advanced digital solutions coupled with a growing number of favorable initiatives by the government & private sectors are contributing to the overall market growth. For instance, as per the data published in 2017, researchers at the University of Illinois have developed a camera to improve the diagnostic features of smartphones. In 2020, the mHealth technology type segment accounted for the highest revenue share. A rise in the number of health apps has significantly contributed to the segment growth in recent years. As per the data published by the My Health Apps blog in May 2018, a total of 325,000 health, fitness, and medical apps were available in 2017.

Mobile operators are constantly leveraging mHealth technologies and solutions by supporting services, such as diagnosis, monitoring, and patient management. In addition, they are increasingly adopting strategies in the form of partnerships and agreements to enhance their product offerings, which, in turn, is contributing to the segment growth. For instance, in 2019, OneLife, a mobile medical software company, partnered with AT&T for the development of a health-tracking watch to monitor a patient’s heart rate, location, sleep, and movements. In 2020, the services component segment accounted for the highest revenue share.

System integration, training & education, maintenance & support, and consulting are among the few service offerings that are covered in this segment. Growing demand for continuous M2P data flows, to boost the efficiency of the medical systems, improve informed decision-making in real-time, and enhance security, is driving the segment growth. On the other hand, software is anticipated to register the fastest growth during the forecast period. The key factors that can be attributed to this growth are rising investments by the market participants to develop innovative connected solutions for the healthcare industry, technological advancements, and rising adoption of digital technologies & connected systems in the health centers.

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Digital Health Market Report Highlights

The mHealth technology segment dominated the global market in 2020 owing to the increasing penetration of smartphones and rising number of strategic alliances among mobile operators & mHealth startups.
The services component segment accounted for the highest revenue share of the global market in 2020
North America was the leading regional market in 2020 owing to rise in the geriatric population and awareness regarding health & fitness among consumers
High internet and smartphones penetration along with growing usage of medical/health-related apps is one of the key factors responsible for the market growth in North America
However, APAC is expected to register the fastest CAGR from 2021 to 2028 due to the rising usage of tablets, smartphones, and other mobile platforms
The rising geriatric population in countries, such as India and China, and the growing burden of chronic conditions are further boosting the demand for mHealth technologies in the region

Digital Health Market Segmentation

Grand View Research, Inc. has segmented the global digital health market on the basis of technology, component, and region

Digital Health Technology Outlook (Revenue, USD Million, 2016 - 2028)

Tele-healthcare
- Tele-care
  - Activity Monitoring
  - Remote medication Management
- Tele-health
  - LTC Monitoring
  - Video Consultation
- mHealth
  - Wearables
    - BP Monitors
    - Glucose Meters
    - Pulse Oximeters
    - Sleep Apnea Monitors
    - Neurological Monitors
    - Activity Trackers/Actigraphs
  - mHealth Apps
    - Medical Apps
    - Fitness Apps
  - Services
  - mHealth Services Market, By Type
    - Monitoring services
      - Independent Aging Solutions
      - Chronic Disease Management & Post-acute Care Services
    - Diagnosis Services
    - Healthcare Systems Strengthening Services
    - Others
  - mHealth Services Market, By Participants
    - Mobile Operators
    - Device Vendors
    - Content Players
    - Healthcare Providers
  - Healthcare Analytics
  - Digital Health Systems
    - EHR
    - E-prescribing Systems

Digital Health Component Outlook (Revenue, USD Million, 2016 - 2028)

Software
Hardware
Services

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

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

List of Key Players of Digital Health Market

Cerner Corporation
Allscripts
Apple, Inc.
Telefónica S.A.
Mckesson Corporation
Epic Systems Corporation
QSI Management, LLC
AT&T
Vodafone Group
AirStrip Technologies
Google, Inc.
Samsung Electronics Co., Ltd.
HiMS
Orange
Qualcomm Technologies, Inc.
Softserve
MQure
Computer Programs and Systems, Inc.
Vocera Communications
IBM Corporation
CISCO Systems, Inc.

About Grand View Research

Monday, 8 February 2021

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

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

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

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

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

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

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

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

Sunday, 7 February 2021

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

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

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

Market Research Size

Thursday, 11 February 2021

Thermal Paper Market to Reach USD 6.03 Billion by 2028

Home Infusion Therapy Market Expected To Trigger A Revenue To USD 44.7 Billion By 2028: Grand View Research, Inc.

Ophthalmic Drugs Market Size Is Expected To Reach USD 60.3 Billion by 2028

Digital Health Market to Expand at a CAGR of 15.1% Through 2028: Grand View Research Inc.

Monday, 8 February 2021

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

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

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

Video Streaming Market Growth & Trends

Video Streaming Market Report Highlights

Video Streaming Market Segmentation

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

Data Collection And Labeling Market Growth & Trends

Data Collection And Labeling Market Report Highlights

Data Collection And Labeling Market Segmentation

Drug Discovery Outsourcing Market to Reach $5.4 Billion by 2028

Drug Discovery Outsourcing Market Growth & Trends

Drug Discovery Outsourcing Market Report Highlights

Drug Discovery Outsourcing Market Segmentation

Real-Time Payments Market Projected to Register 33.0% CAGR from 2021 to 2028: Grand View Research Inc.

Real-Time Payments Market Growth & Trends

Real-Time Payments Market Report Highlights

Real-Time Payments Market Segmentation

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

Medical Device Outsourcing Market Growth & Trends

Medical Device Outsourcing Market Report Highlights

Medical Device Outsourcing Market Segmentation

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

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

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

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

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

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