Glamping Market Expected to Deliver Dynamic Progression By 2028

 Glamping Market Growth & Trends

The global glamping market size is expected to reach USD 5.41 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 14.1% from 2021 to 2028. Some of the common factors influencing the consumers’ willingness to avail glamping stay include a preference for experience-oriented trips over fancy possessions and readiness to pay for luxurious travel. The availability of exotic and unconventional landscapes along with luxurious facilities is influencing young travelers to explore and invest in such services.

Furthermore, with the emergence of social media as a digital advertising platform, market players use it to promote their services. Many glamping service providers offer customized packages to suit consumer demand. This has also been a major factor driving the consumers’ willingness to avail of these services. For instance, Honey Glamping, based in New Zealand, offers mobile glamping services at any location in the Great Auckland area and also organizes festivals, staycations, and other occasions.

In the years 2018 and 2019, campsite guests across the country stayed over 125 million nights wherein camping reservations have grown about 34% on lastminute.com. As business for glamping has increased two-fold over the past two years, traditional camping revenue has dropped in the country. Over 1,000 traditional campsites have been closed over the past 20 years in France. The increasing need among consumers to witness new experiences in the country is expected to drive the market for glamping over the forecast period.

With no front desk staff, common areas, no restaurant or bar, and secluded cabins or tents, operators like Getaway, HipCamp, and Tentrr are perfectly positioned to capture this demand. For the glamping brands that do offer a higher level of service, EBITDA margins are still higher than hotel industry standards, reaching up to 50%.

The impact of Covid-19 on many traditional hospitality offerings, such as hotels and restaurants, whereas camping and glamping products have witnessed explosive demand due to their ability to provide socially distant, hygienic, and secluded breaks from the city. As per a report published by The PKF hotel experts group, Getaway observed a 400% increase in bookings when the Trump administration announced a Europe travel ban, and many outposts were close to sold out all summer. Collective Retreats bookings are up 10% in 2020 compared to the same week last year. The Dyrt, a camping trip planning website, has 400% more traffic in the summer of 2020 compared to 2019. Kampgrounds of America (KOA) reported that over the last year, 20% of their visitors are first-time campers with many of them choosing to ease into the outdoors world via cabins and RV’s. Wyoming State Parks saw a 160% increase from April to May 2020 compared to the running average of the previous five years. Pennsylvania State Parks have seen over one million more visitors so far in 2020 than they did in all of 2019. RV Share, a motorhome rental site, has reported a 1,600% increase in bookings nationwide since April 1st. Based on summer 2020 demand, adventure travel is expected to continue to rebound quickly, while in comparison, Tourism Economics expects overall U.S. travel market spending to recover to 2019 levels in 2024.

In terms of accommodation type, the cabins and pods segment held the largest share of 45.7% in 2020. Families prefer cabins as they are well equipped with all facilities, especially when they have two or more kids. Cabineering is a new glamping trend that is offered by numerous luxury properties. It gives adventure travelers the comfort of a home and the amenities of a luxury hotel amidst nature. In addition, cabins and pods offer various safety features, including locks and latches, which is a primary necessity among consumers nowadays. Sky Den, an outdoor-indoor treehouse situated in Northumberland Kielder Forest, and Ditchling Cabin, one of Canopy & Stars recent floating cabins in South Downs National Park, are witnessing a high number of bookings among the U.K. consumers.

The 18 - 32 years age group segment dominated the market with a revenue share of 44.6% in 2020. As per a report published by Kampgrounds of America, Inc., millennials and Generation Z alone accounted for 60% of the total leisure travelers in the American market for glamping. Moreover, the growing prominence of sole traveling among females is influencing the gender to opt for glamping. Moreover, among travelers who glamp comprises 20% of couples without children. Thus, a rising number of travelers of the younger generation with higher disposable income are driving the market for glamping.

Europe dominated the market with a revenue share of 34.9% in 2020. In the U.K. the number of glamping trips has doubled between the years 2015 and 2016, rising from about 160,000 trips to over 325,000. In the first 3 months of 2018, ‘Cool Camping’, which is a glamping holiday specialist company, reported a 50% rise in bookings as compared with the same period in 2017. Increasing awareness about the benefits of glamping among consumers, coupled with the unique experiences it offers, is expected to have a positive impact on the market growth over the forecast period.

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Glamping Market Report Highlights

• By accommodation type, cabins and pods are expected to witness the fastest growth over the forecast period owing to their growing preference among families as they are well equipped with all facilities and offer various safety features
• The 18-32 years age group segment dominated the market in 2020 and is expected to witness the fastest growth over the forecast period due to the growing trend of camping among this population
• North America is expected to expand at the fastest CAGR of 16.7% from 2021 to 2028

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Glamping Market Segmentation

Grand View Research has segmented the global glamping market on the basis of accommodation type, age group, and region:

Glamping Accommodation Type Outlook (Revenue, USD Million, 2016 - 2028)

• Cabins and Pods
• Tents
• Yurts
• Treehouses
• Others

Glamping Age Group Outlook (Revenue, USD Million, 2016 - 2028)

• 18 - 32 years
• 33 - 50 years
• 51 - 65 years
• Above 65 years

Glamping Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Glamping Market

• The Last Best Beef LLC
• Under Canvas
• Collective Retreats
• Tentrr
• Eco Retreats
• Baillie Lodges
• Nightfall Camp Pty Ltd.
• Tanja Lagoon Camp
• Wildman Wilderness Lodge
• Paper Bark Camp
• PurePods
• Getaway House, Inc.
• Hoshino Resorts Inc.
• AfriCamps Boutique Camping
• In2thewild Tiny Holidays

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.

Piling Machine Market to Showcase Healthy Expansion at 4.6% CAGR from 2021 to 2028

 

Piling Machine Market Growth & Trends

The global piling machine market size is expected to reach USD 6.72 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.6% from 2021 to 2028. The development of privately-owned construction firms in the UAE, India, and China is anticipated to augment the spending in the construction industry, thereby surging the product demand over the coming years.

Rising concerns over the adverse effects of underwater piling operations on marine life are foreseen to result in a negative impact on the demand for vibratory driver piling machines over the forecast period. The implementation of stringent noise and vibration control norms in residential areas and offshore locations is expected to result in high R&D spending for the development of low-noise and vibration machines, which is expected to positively impact the market growth.

Favorable government incentives for the deployment of alternative energy sources in the U.S. have resulted in the increasing installation of solar farms. The rising popularity of using self-propelled pile drivers for installing foundations for solar panels is expected to fuel the demand for other piling machines, mainly driverless piling machines.

Rising concerns regarding the effects of vibrations on the marine environment during piling operations have resulted in the enforcement of stringent regulatory norms in the U.K., Germany, the U.S., and New Zealand for the protection of the aquatic ecosystem. This is expected to result in the increasing demand for systems with lower vibrations.

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Piling Machine Market Report Highlights

• By product, impact hammer accounted for 29.71% share of the global revenue in 2020 on account of its easy operations and low price compared to other systems
• Based on piling method, the drilled percussive segment is estimated to expand at a CAGR of 3.4% from 2021 to 2028 on account of its inexpensiveness and reliability for drilling holes for pile installations
• China accounted for the largest share in Asia Pacific in 2020 owing to the increasing need for residential and commercial buildings, such as industrial facilities, complexes, hospitals, hotels and restaurants, and retail spaces, to cater to the growing population
• The market in Canada is estimated to expand at a CAGR of 2.5% from 2021 to 2028 on account of its transition from a natural resources-based economy to a high-tech, service-based economy
• Strategies adopted by market participants include distribution network expansion, new product developments, mergers & acquisitions, and partnerships in order to gain a competitive edge in the market

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Piling Machine Market Segmentation

Grand View Research has segmented the global piling machine market on the basis of product, piling method, and region:

Piling Machine Product Outlook (Revenue, USD Million, 2017 - 2028)

• Impact Hammer
• Vibratory Drivers
• Piling Rigs
• Others

Piling Machine Piling Method Outlook (Revenue, USD Million, 2017 - 2028)

• Impact Driven
• Drilled Percussive
• Rotary Bored
• Air-lift RCD Rig
• Auger Boring
• Continuous Flight Auger
• Others

Piling Machine Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • Scandinavia
  • UK.
  • Russia
• Asia Pacific
  • China
  • India
• Central & South America
  • Brazil
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar

List of Key Players of Piling Machine Market

• Casagrande S.p.a
• Watson Inc.
• BSP International Foundations
• BAUER Group
• TONTI TRADING S.R.L.
• Beijing SINOVO International (SINOVO Heavy Industry 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.

Structural Insulated Panels Market is Expected to Amplify USD 17.19 Billion Value by 2028.

 Structural Insulated Panels Market Growth & Trends

The global structural insulated panels market size is expected to reach USD 17.19 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.5% over the forecast period. Growing emphasis on constructing energy-efficient building structures and the rising investments in the renovation of old buildings are some of the major factors expected to boost the product demand.

Governments across the world are providing various incentives to construction companies and building contractors to promote energy-efficient building structures. For instance, the U.S. government, through its Weatherization Assistance Program (WAP), is incentivizing the improvement of thermal insulation in low-income households, which is expected to promote the demand for structural insulated panels (SIPs).

Key players are focusing on the development of novel insulation materials to improve the R-value of the product without adding to the final cost. For instance, the Kingspan Group has developed a novel insulation material using its proprietary ‘QuadCore Technology’. The product offers superior fire protection and durability. Furthermore, it is 11% and 60% more thermally efficient than high-quality PIR (Polyisocyanurate) and PU (Polyurethane) insulation materials respectively.

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Structural Insulated Panels Market Report Highlights

• The polyurethane product segment in the North America regional market is expected to register the fastest CAGR of 7.9% over the forecast period owing to superior insulation property, rigidity, fire resistance, and dimensional property of polyurethane
• The cold storage application segment is expected to witness significant growth during the forecast period owing to growing investments in the development of cold chain infrastructure across the globe
• In the Asia Pacific regional market, the polystyrene product segment accounted for the largest revenue share in 2020 owing to high demand for cost-effective, durable insulation materials from the construction industry
• Europe is expected to be the second-largest regional market from 2021 to 2028 owing to the progressive adoption of green building standards and rising investments in the redevelopment of old building structures in the region
• Major companies are offering training and services to the installation workers and building contractors to ensure the correct installation of the product and reduce the chances of product failure

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Structural Insulated Panels Market Segmentation

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

Structural Insulated Panels Product Outlook (Volume, Million Square Feet; Revenue, USD Million, 2017 - 2028)

• Polystyrene
• Polyurethane
• Glass Wool
• Others

Structural Insulated Panels Application Outlook (Volume, Million Square Feet; Revenue, USD Million, 2017 - 2028)

• Walls & Floors
• Roofs
• Cold Storage

Structural Insulated Panels Regional Outlook (Volume, Million Square Feet; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Structural Insulated Panels Market

• Metl-Span
• Kingspan Group
• PFB Corporation
• Isopan
• KPS Global
• American Insulated Panel
• Structural Panels Inc.
• All Weather Insulated Panels
• Ingreen Systems Corp.
• Owens Corning

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.

Protein Supplements Market Report by Opportunity, Demand, Major Driving Factors and Business Growth Strategies by 2028

 

Protein Supplements Market Growth & Trends

The global protein supplements market size is expected to reach USD 36.05 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.4% over the forecast period. The growing number of fitness centers on account of rising consumer interest in health and wellness is expected to drive the market over the forecast period.

The manufacturers are primarily concentrated in the Europe and North America regions owing to the abundant availability of raw materials. Moreover, a higher number of obesity cases in these regions is leading the consumers to opt for a healthy lifestyle and eating habits, which is expected to increase the product demand over the forecast period. The product manufacturing requires high capital investments owing to the complex manufacturing process.

The European Food Safety Authority (EFSA) and the U.S. Food & Drug Administration (FDA) have laid regulations on product labeling and health claims, which challenges the new players in the global market. The established players are continuously working on increasing their production capacity to match the growing demand. For Instance, in October 2020, Glanbia PLC began the operation of its new facility producing cheese and whey in Michigan, U.S., and is capable of processing 3.6 million liters of milk per day.

The rising vegan population across the globe has compelled manufacturers to invest in R&D to innovate plant-based products. In March 2020, The Hut.com launched a new plant-based protein shake in the U.S. to capitalize on the increasing vegan population in the country. In February 2020, InnovoPro launched chickpea protein concentrate for the Ready-To-Drink (RTD) formula for vegan athletes.

The unprecedented outbreak of the Covid-19 pandemic has benefitted the market as consumers became more aware of the diet and individual health during this period. In addition, the Chinese Center for Disease Control and Prevention (CDC) has issued nutrition guidelines, which includes a recommendation of the intake of approximately 150-200 grams of protein per day (around 1.5-2.0g/kg body weight/day) for patients affected by Covid-19 to boost immunity, thus resulting in the increased product consumption.

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Protein Supplements Market Report Highlights

• The powder product segment dominated the market with a revenue share of over 63% in 2020
• Increasing demand for powdered products from professional athletes, bodybuilders and fitness enthusiasts is expected to drive the segment growth over the forecast period
• The animal-based products segment led the market in 2020. However, the plant-based segment is estimated to register the fastest growth rate from 2021 to 2028
• Distribution through online channels is expected to grow at the fastest CAGR of 8.7% over the forecast period
• This growth is credited to the rapidly expanding e-commerce sector around the world and rising consumer preference for online shopping
• The functional foods application is estimated to witness considerable growth owing to high product demand in functional foods as a result of rising consumer awareness about balanced nutrition
• Asia Pacific is projected to be the fastest-growing regional market from 2021 to 2028 on account of the rising disposable income levels and growing health consciousness in countries like China, India, Japan, and South Korea

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Protein Supplements Market Segmentation

Grand View Research has segmented the global protein supplements market on the basis of source, product, application, distribution channel, and region:

Protein Supplements Source Outlook (Revenue, USD Million, 2017 - 2028)

• Animal-based
  • Whey
  • Casein
  • Egg
  • Fish
  • Others
• Plant-based
  • Soy
  • Spirulina
  • Pumpkin Seed
  • Hemp
  • Rice
  • Pea
  • Others

Protein Supplements Product Outlook (Revenue, USD Million, 2017 - 2028)

• Powder
• Bars
• Ready-to-Drink (RTD)
• Others

Protein Supplements Application Outlook (Revenue, USD Million, 2017 - 2028)

• Sports Nutrition
• Functional Food

Protein Supplements Distribution Channel Outlook (Revenue, USD Million, 2017 - 2028)

• Supermarkets
• Online Stores
• Direct to Customers (DTC)
• Others

Protein Supplements Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Protein Supplements Market

• Glanbia plc
• MusclePharm
• Abbott
• CytoSport, Inc.
• Iovate Health Sciences International, Inc.
• QuestNutrition
• The Bountiful Company
• NOW Foods
• Transparent Labs
• Woodbolt Distribution LLC
• Dymatize Enterprises LLC
• RSP Nutrition
• BPI Sports LLC
• International Dehydrated Foods, Inc.
• BRF
• Rousselot
• Gelita AG
• Hoogwegt

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.

Europe Homogeneous Precious Metal Catalyst Market Strong Application and Emerging Trends also Scope by 2028

 Europe Homogeneous Precious Metal Catalyst Market Growth & Trends

The Europe homogeneous precious metal catalyst market size is expected to reach USD 2.4 billion by 2028 registering a CAGR of 18.9% over the forecast period, as per a new report by Grand View Research Inc. Increasing preference for homogeneous catalyst over heterogeneous ones owing to their specific features, especially associated with selectivity, drive the market growth. Furthermore, the market is expected to witness a significant hike in demand amid the Covid-19 pandemic as PGM catalysts are utilized in the formulation of several APIs, such as a few antibiotics used for Covid-19 treatment. 

The demand for the product is likely to be prominent from the pharmaceutical & biomedical and petroleum refining end-use industries. In addition, the presence of refineries at prime locations, coupled with top oil & gas companies, is estimated to contribute to the product demand. Moreover, growth in the agrochemicals and power generation sectors in the European economies is anticipated to augment the product demand over the forecast period.

In addition, the market is expected to witness significant growth over the forecast period owing to the benefits it has received from high-value product segments. For instance, the application of catalysts in an automobile reduces carbon emissions that are harmful to the environment and, thus, their application is highly promoted by the governments. In addition, increasing energy demand from economies, such as France, Slovakia, Hungary, Belgium, Sweden, and Bulgaria, is likely to drive the market.

The presence of adequate oil reserves in countries including Russia, Norway, the U.K., and Italy, is expected to further complement the market growth in the region. Consequently, major market participants are shifting their focus toward increasing capacities and catering to the growing demand across geographies. Market players in the region are focusing on innovation for the development of advanced products to exhibit better performance during the process. Such factors have bolstered the market growth in the region. However, the Covid-19 pandemic has affected several key economies, such as Italy and Germany, limiting the market growth.

The governments in these countries had imposed complete lockdown, which restricted the movement of all forms hampering the overall oil consumption by the transportation sector. In addition, curtailed commercial and industrial activities have further reduced fuel consumption. Consequently, refiners are forced to cut their production instantly, which may result in high expenses once the situation settles. Furthermore, some refiners are projected to lose their share to competitors, which is expected to hamper the overall product demand in the short run.

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Europe Homogeneous Precious Metal Catalyst Market Report Highlights

• The market is moderately consolidated with the presence of multinationals striving to fulfill the rising demand
• Market players are intensely focused on optimizing & managing supply efficiency and ensuring their ability to compete with other players by enhancing operating efficiency, increasing productivity, reducing lead time, and addressing sourcing requirements
• Manufacturers supply their products to various end-use industries, including pharmaceutical & biomedical, refineries, agrochemicals, electrochemical, and power generation, through various distribution channels, such as direct-supply contracts and third-party supply contracts with vendors and wholesalers
• Strategic alliances by key players with research institutions to enhance product innovation capabilities are likely to be witnessed more during the forecast period
• The introduction of different recycling concepts for metal catalysts; for instance, with organic solvent nanofiltration or scrap catalytic converter recycling, is predicted to drive the market

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Europe Homogeneous Precious Metal Catalyst Market Segmentation

Grand View Research has segmented the Europe homogeneous precious metal catalyst market on the basis of product, end-use, and country:

Europe Homogeneous Precious Metal Catalyst Product Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

• Platinum
• Palladium
• Rhodium
• Ruthenium
• Iridium
• Gold
• Others

Europe Homogeneous Precious Metal Catalyst End-use Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

• Pharmaceutical & Biomedical
• Refineries
• Agrochemicals
• Fine Chemicals
• Electrochemical
• Power Generation
• Other Industrial

Europe Homogeneous Precious Metal Catalyst Country-wise Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

• Germany
• UK.
• France
• Italy
• Spain
• Russia
• Poland

List of Key Players of Europe Homogeneous Precious Metal Catalyst Market

• Alfa Aesar
• Heraeus Holding
• BASF SE
• Evonik Industries AG
• Johnson Matthey
• Clariant AG
• Haldor Topsoe
• Umicore
• American Elements
• Chimet S.p.A.
• Shaanxi Kai Da Chemical Engineering Co., Ltd.
• Sabin Metal 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.

Veterinary Telehealth Market Latest Innovations, Drivers and Industry Key Events 2021 – 2028

 Veterinary Telehealth Market Growth & Trends

The global veterinary telehealth market size is expected to reach USD 417.1 million by 2028 according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 19.5% from 2021 to 2028. An increase in the adoption of telehealth services among pet owners coupled with the rising prevalence of animal diseases are the key contributors to market growth.

The key advantages of veterinary telehealth such as saving transportation costs and reduction of ancillary expenses are driving the growth of the market. In addition, the doctor’s advice and virtual care can be obtained on an immediate basis. Further, it also saves time as animal caretakers can skip the time consumed during long waiting hours. Such factors are boosting market growth.

There is increased adoption of IoT and AI by farmers and pet parents. This can be attributed to the increase in internet penetration and user-friendly animal healthcare websites or apps. Such factors are anticipated to increase the demand for veterinary telehealth over the forecast period. In addition, increasing cases of zoonotic diseases coupled with the concern of owners about their animal health is also propelling the growth of the market.

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Veterinary Telehealth Market Report Highlights

• The other animal segment dominated the market with a revenue share of 27.5% in 2020 and is projected to show a CAGR of over 18.0% from 2021 to 2028. High consumption of poultry and cattle products on a daily basis is contributing to the growth of this segment
• The teleconsulting segment dominated the market with a revenue share of 19.6% in 2020 owing to the increasing demand for virtual quality animal healthcare services
• Due to the presence of well-established market players and increasing research and development activities by these players, North America dominated the market as of 2020 with a revenue share of around 37.2%
• However, Asia Pacific is anticipated to show lucrative growth over the forecast period owing to the rising adoption of veterinary telehealth services and increasing livestock population in the region
• Industry players are involved in strategic initiatives such as acquisitions and mergers, collaborative agreements, and geographic expansion to gain an edge over the competition
• For instance, in October 2019, BabelBark partnered with the Independent Veterinary Practice Association (IVPA), an organization representing the interests of privately owned hospitals in North America. This would allow the company to reach a large customer base of 390 members in 42 states and the local population in their areas

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Veterinary Telehealth Market Segmentation

Grand View Research has segmented the global veterinary telehealth market on the basis of animal type, service type, and region:

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

• Canine
• Feline
• Equine
• Bovine
• Swine
• Others

Veterinary Telehealth Service Type Outlook (Revenue, USD Million, 2016 - 2028)

• Telemedicine
• Teleconsulting
• Telemonitoring
• Others

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

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

List of Key Players of Veterinary Telehealth Market

• Airvet
• Activ4Pets
• BabelBark, Inc.
• GuardianVets
• PetDesk
• Petzam
• TeleTails
• Televet
• Vetster, Inc.
• VitusVet
• Whiskers Worldwide, LLC
• Virtuwoof, LLC
• FirstVet
• PawSquad
• Petriage 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.

Ultra High Molecular Weight Polyethylene Market to Expand with Significant CAGR During 2021 – 2028

 Ultra High Molecular Weight Polyethylene Market Growth & Trends

The global ultra high molecular weight polyethylene market size is anticipated to reach USD 4.43 billion by 2028, according to a new report by Grand View Research, Inc., growing at a CAGR of 12.3% over the forecast period. Increasing product demand from the medical & prosthetics application is expected to significantly drive the market during the forecast period. The product has been witnessing increasing acceptance as prosthetics in the medical industry for the past few years.

This rising acceptance can be attributed to its favorable physical and chemical properties, such as higher flexibility as compared to metals, and superior strength. Technological advancements have resulted in prosthetics having a longer operational life and being more comfortable for users. Over the recent years, the market participants have taken active steps to process ultra high molecular weight polyethylene (UHMWPE) and improve its properties. The product is majorly used for hip, knee, and spine implants.

The Asia Pacific region is anticipated to progress at the fastest CAGR of 13.1% over the forecast period. China led the regional market in 2020 and is anticipated to witness significant growth during the forecast period owing to the rising product demand in applications including medical grade & prosthetics, filtration, batteries, fibers, additives, and membranes. The increasing efforts by the government to improve public access to healthcare services and the rising incidences of chronic diseases are the major factors driving the product demand in medical-grade & prosthetics applications in the country.

In addition, increasing government expenditure to improve infrastructure and accessibility in rural and urban areas is expected to fuel the demand for medical devices. The aforementioned factors are projected to augment the demand for UHMWPE in the country over the forecast period. However, the recent outbreak of Covid-19 in countries, such as India, China, and Japan, are affecting the product demand in fibers, batteries, additives, and other applications owing to the slowdown in manufacturing activities, restrictions in supply & transport, and declining demand from end-use consumers, which is expected to hamper the overall market growth.

The fiber application segment is anticipated to progress at a robust growth rate over the forecast period. The product is used in the form of fibers for various applications, which include cut resistance gloves, ropes & fishing nets, protective armor, sports & leisure goods, and sling & braids. A surge in demand for high tenacity multifilament polyethylene yarns is expected to benefit the overall demand over the forecast period. In addition, increasing adoption of medical-grade UHMWPE fiber in cardiovascular, orthopedic, and trauma applications, such as implantable cardiac defibrillators, Cardiac Resynchronization Therapy (CRT) devices, vascular closure devices, central venous catheters, cranial plates, and scaffolds, is anticipated to drive the market growth in the coming years.

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Ultra High Molecular Weight Polyethylene Market Report Highlights

• The global market was valued at USD 1.83 billion in 2020 and is estimated to grow at a CAGR of 12.3% from 2021 to 2028
• In terms of revenue, the medical grade & prosthetic application segment accounted for the largest share of more than 33% in 2020 and is further expected to witness prominent growth over the forecast period
• The fibers application segment accounted for the second-highest revenue share in 2020. The rising product demand from applications, such as ropes & fishing nets, protective armor, sports & leisure goods, owing to its superior properties, such as excellent strength to weight ratio, UV stability, low specific gravity, and high abrasion resistance, are propelling the segment growth
• North America accounted for more than 41% share in the overall market and will expand at a steady CAGR from 2021 to 2028
• The growth can be attributed to the increasing healthcare spending and growing geriatric population in the region

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

Ultra High Molecular Weight Polyethylene Market Segmentation

Grand View Research has segmented the global ultra high molecular weight polyethylene market on the basis of product, application, and region:

UHMWPE Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

• Medical-grade & Prosthetics
• Fibers
• Sheets
• Rods
• Others

UHMWPE Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

• Medical-grade & Prosthetics
• Filtration
• Batteries
• Fibers
• Additives
• Membranes
• Others

UHMWPE Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Ultra High Molecular Weight Polyethylene (UHMWPE) Market

• Celanese Corp.
• LyondellBasell Industries Holdings B.V.
• Koninklijke DSM N.V.
• China Petrochemical Corporation
• Mitsubishi Chemical Advanced Materials Group
• LianLe Chemical Corp.
• Crown Plastics, Inc.
• Braskem
• Asahi Kasei Corp.
• Dotmar Engineering Plastics
• Mitsui Chemicals, Inc.
• TSE Industries, Inc.
• Mitsubishi Chemical Advanced Materials
• Garland Manufacturing Company

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.

Bioactive Material Market to Mark a Highest CAGR of 14.0% Through 2028

 

Bioactive Materials Market Growth & Trends

The global bioactive materials market size is estimated to reach USD 5.85 billion by 2028 registering a CAGR of 14.0% over the forecast period, according to a new report by Grand View Research Inc. Growing geriatric population coupled with the advancement in various surgical procedures is expected to drive the product demand in the market. Rising consumer awareness about health and well-being is projected to drive market growth during the forecast period.

The product helps in promoting stem cell structure and the transplanted stem cells offer enhanced therapeutic effects in surgeries. Thus, a wide scope of application for these products in the replacement and reconstruction of damaged cells, tissues, and bones is fueling the product demand in the surgery application sector. Moreover, increasing technological advancements coupled with the growing demand for dental care and orthopedics, due to high awareness about oral health & hygiene, are also supporting market growth.

The availability of favorable healthcare policies and fast-curing surgical & low-cost post-implant procedures in various developed regions including, the U.S., Japan, France, and others, are offering positive growth prospects to the overall market. Some of the key applications of the product include dentistry, surgery, bioengineering, and others.

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Bioactive Materials Market Report Highlights

• The glass material segment is expected to register the fastest CAGR of 14.8% over the forecast period
• This growth is credited to high demand for glass materials owing to their nonporous and solid characteristics, which are suited for stimulation of bone growth and various surgical procedures
• In 2020, dentistry emerged as the largest application segment with a share of 46.0% and is likely to ascend at a significant CAGR during the forecast period
• Growing cases of oral health problems including cancer and gum problems are driving the product demand in the dentistry application segment
• In 2020, North America emerged as the largest regional market owing to the increased number of dental procedures performed, such as tooth regeneration, root canal, bone-defect treatment, and various related surgeries
• In Europe, the revenue for the powder type segment was valued at USD 157.9 million in 2020 and is anticipated to gain higher shares in the forecast period on account of rising demand from the dentistry, bioengineering, and surgery application industries
• Asia Pacific is estimated to be the fastest-growing regional market during the forecast period on account of increasing product consumption as a result of rising health problems and growing population in emerging economies like China and India
• Prominent players in the market have undertaken various initiatives, such as advancing healthcare infrastructure, partnership, and scientific research in collaboration with healthcare institutions
• Moreover, government support and policies within the respective countries are expected to influence the market on a positive note

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

Bioactive Materials Market Segmentation

Grand View Research has segmented the global bioactive materials market on the basis of material, type, application, and region:

Bioactive Materials Outlook (Revenue, USD Million, 2017 - 2028)

• Glass
• Glass-ceramic
• Composite
• Others

Bioactive Materials Type Outlook (Revenue, USD Million, 2017 - 2028)

• Powder
• Moldable
• Granules
• Others

Bioactive Materials Application Outlook (Revenue, USD Million, 2017 - 2028)

• Dentistry
• Surgery
• Bioengineering
• Others

Bioactive Materials Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Bioactive Materials Market

• Zimmer Holding Inc.
• Medtronic Inc.
• Stryker Corporation
• DePuy Synthes
• Biomatlante
• Arthrex, Inc.
• Pulpdent Corporation
• Bioactive Bone Substitutes Oy
• Lasak s.r.o
• Bioretec Ltd.
• Noraker
• Septodont Holding
• I. TAKIRON Corporation

About Grand View Research

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

Nicotine Replacement Therapy Market Estimated to Experience a Hike in Growth by 2028

 Nicotine Replacement Therapy Market Growth & Trends

The global nicotine replacement therapy market size is expected to reach USD 147.9 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 16.3% from 2021 to 2028. The growth of the market is largely attributed to increasing government initiatives to promote nicotine replacement therapy (NRT) products for reducing mortality due to smoking and diseases associated with it.

Smoking cessation campaigns are also playing a crucial role in increasing awareness about diseases that are caused because of smoking. These campaigns are run by regional governments as well as multinational companies, such as Philip Morris International and Altria. Global organizations like the WHO are also working toward creating awareness by running online campaigns. 

There has been an exponential increase in the usage of NRT products. The young population is the largest consumer of advanced NRT products, like heat-not-burn tobacco and e-cigarettes. However, middle-aged patients’ interest in smoking cessation has led to a rise in the usage of e-cigarettes. For instance, the use of e-cigarettes for smoking cessation increased to 20% in 2018 from 13% in 2016 among people aged 45 to 54 years.

Furthermore, researchers found that 5% to 9% of smokers tend to use nicotine patches even after the therapeutic period of 12 weeks. The passive approach of combining nicotine patches with a gum, inhaler, or spray is found to be more effective, and quitting rate reaching 34% to 54%. NRT is only recognized as a way of curbing nicotine cravings and treatment by consumers.

With technological advancements, the players in this market are also developing products to suit the changing consumer preferences. For instance, the e-cigarette market is changing with newer innovations that are more efficient, have longer battery life, and are rechargeable. The existing innovations like sleek and easy-to-use socially acceptable e-cigarettes brought a revolution, which drove more people to shift to using NRTs without social stigma.

Various players such as Nicocigs Ltd.; Nicoventures Ltd.; Victory Electronic Cigarettes Corp.; DuraSmoke; AlternaCig; Shenzhen IVPS Technology CO. Limited; and Vapor Group, Inc. are launching e-cigarettes and related products. Although there are hundreds of companies selling e-cigarettes, their usage in NRT is disputed.

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Nicotine Replacement Therapy Market Report Highlights

• By product, the e-cigarettes segment held the largest NRT market share in 2020 due to increasing investments and the rising focus of companies on developing value-added products. The heat-not-burn tobacco products segment is expected to grow at the fastest rate over the forecast period
• The offline distribution channel segment dominated the market in 2020. Retail chains across the world are investing in advanced technologies and undertaking new initiatives in order to improve sales and attract more customers. The increasing sales of e-cigarettes through vape shops and retail stores is another factor augmenting the growth of this segment
• Asia Pacific held the largest market share in 2020. Favorable government initiatives, coupled with an evolving reimbursement landscape for pharmaceutical products, are supporting continual growth

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

Nicotine Replacement Therapy Market Segmentation

Grand View Research has segmented the global nicotine replacement therapy market by product, distribution channel, and region:

NRT Product Outlook (Revenue, USD Billion, 2017 - 2028)

• Nicotine Replacement Therapy
  • Inhalers
  • Gum
  • Transdermal Patches
  • Sublingual Tablets
  • Lozenges
  • Others
• E-cigarettes
• Heat-not-burn Tobacco Products

NRT Distribution Channel Outlook (Revenue, USD Billion, 2017 - 2028)

• Offline
• Online

NRT Regional Outlook (Revenue, USD Billion, 2017 – 2028)

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

List of Key Players of Nicotine Replacement Therapy Market

• Philip Morris Products S.A. (Altria Group)
• British American Tobacco p.l.c.
• Japan Tobacco, Inc.
• Imperial Brands
• Glenmark
• Fertin Pharma
• Cipla Inc.
• Pfizer Inc.
• Johnson & Johnson Services, 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.

Gene Delivery Technologies Market is Anticipated To Generate Significant Revenues by 2028: Grand View Research Inc.

 Gene Delivery Technologies Market Growth & Trends

The global gene delivery technologies market size is expected to reach USD 7.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 15.1% from 2021 to 2028. Technological advancements in viral vectors, a growing pipeline of advanced therapies, and a rising number of regulatory approvals for advance therapy products are some key driving forces of the market.

Several novel tools are being introduced for genetic alterations that have facilitated the scientific community to delineate the disease intricacies at the genomic level, leading to the emergence of novel gene delivery approaches. Furthermore, ongoing research to develop clinically relevant vectors including viral and non-viral vectors to combat chronic illnesses such as cancer, Alzheimer’s, and others through advanced therapies is spurring the market revenue.

An increase in investment and financing in the space to support the research, development, and manufacturing of various modes of gene transfer further accelerates the revenue growth. Currently, around 70% of gene and cell therapy programs are based on viral vectors leading to organic revenue growth for biological delivery technologies. The operating players are investing significantly to scale up their viral vector manufacturing capability and meet the growing demand.

Considering growing opportunities in physio-chemical gene delivery approaches, key players are making focused efforts to boost their business presence. For instance, nanoparticles have proven their efficiency as promising vehicles for clinical usage owing to their tunable morphology, and biological behaviors. Such ongoing developments in the space are anticipated to accelerate revenue growth in this market in the coming years.

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Gene Delivery Technologies Market Report Highlights

• The wide implementation of biological gene delivery technologies in clinical usage owing to their high efficiency and specificity has resulted in the segment’s largest revenue share in 2020
• Gene therapy development is the key revenue-generating application in the 2020 market owing to constantly expanding pipeline programs of therapies against life-threatening conditions coupled with the recent success of CAR-T therapies
• The recent pandemic of SARS-CoV-2 has also resulted in substantial global investments in R&D of viral vector-based vaccine to combat the virus, resulting in lucrative growth of this segment
• The ex vivo method accounted for the major revenue share owing to its advantages such as high transduction efficiency and less immunogenic responses
• However, both in vivo and ex vivo have shown clinical success in the treatment of chronic conditions, thus both segments are expected to witness lucrative growth in the coming years
• Given the high number of biotech companies and a favorable regulatory environment in the U.S.; North America dominated the global market in terms of revenue
• On the other hand, Asia Pacific is projected to grow at the fastest pace during the forecast period
• Constantly evolving CDMO and viral vector manufacturing landscapes through plant expansions and new sites being built across the Asian countries is spurring the adoption of vectors in this region
• The key players are engaged in collaboration with therapy developers to support their product development process

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

Gene Delivery Technologies Market Segmentation

Grand View Research has segmented the global gene delivery technologies market on the basis of mode, application, method, and region:

Gene Delivery Technologies Mode Outlook (Revenue, USD Million, 2017 - 2028)

• Biological
  • Adenovirus
  • Retrovirus
  • AAV
  • Lentivirus
  • Other viruses
  • Non-viral
• Chemical
• Physical

Gene Delivery Technologies Application Outlook (Revenue, USD Million, 2017 - 2028)

• Gene Therapy
• Cell Therapy
• Vaccines
• Research

Gene Delivery Technologies Method Outlook (Revenue, USD Million, 2017 - 2028)

• Ex vivo
• In vivo
• In vitro

Gene Delivery Technologies Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players in Gene Delivery Technologies Market

• Thermo Fisher Scientific, Inc.
• QIAGEN
• Horizon Discovery Group Co.
• OriGene Technologies, Inc.
• Oxford Biomedica
• SignaGen Laboratories
• Vectalys
• Takara Bio Inc.
• Bio-Rad Laboratories, Inc.
• System Biosciences llc
• Promega Corporation
• Hoffmann-La Roche AG
• Sirion-Biotech GmbH
• Catalent 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.