Monday, 31 May 2021

Medical Device Testing Services Market is Expected to Expand at a CAGR of 11.6% during the Forecast Period: Grand View Research Inc.

 

Medical Device Testing Services Market Growth & Trends

The global medical device testing services market size is expected to reach USD 18.6 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 11.6% from 2021 to 2028. Increasing complexity in product design and stringent government regulations are driving the market.

A significant rise in preclinical spending is a recent trend among pharmaceutical and medical device companies, which is expected to significantly contribute to market growth. As per a survey carried out by the International Federation of Pharmaceutical Manufacturers and Associations in 2017, around USD 149.8 billion is spent on preclinical trials every year.

With modern medical equipment offering a host of complex functions, the need for appropriate tests to check the compliance of the device with regulatory requirements is becoming vital. In order to meet the requirement of enhanced accuracy, ease of use, and durability, medical devices need to undergo extensive tests. This is expected to deliver a competitive advantage to manufacturers.

The COVID-19 pandemic has created an unprecedented demand for medical device testing services in 2020. This is largely due to the increasing demand for COVID-10 related products such as masks, PPE, and respiratory equipment. Besides, countries such as Mexico, Spain, and France have published pertinent specifications and standards, namely the UNE 0064-1, UNE 0064-2, AFNOR-SPEC-S76 and UNE 0065 which must be met until a mask can be sold.

Request a free sample copy or view report summary: Medical Device Testing Services Market Report

Medical Device Testing Services Market Report Highlights

  • The microbiology and sterility testing segment dominated the market in 2020 and accounted for the largest revenue share of 34.1%. The segment is likely to remain dominant over the forecast period
  • Producing safe and effective products is a core goal of medical equipment manufacturers and sterility assurance is a major component for achieving it
  • The preclinical phase segment dominated the market in 2020 and accounted for 65.7% of the revenue share as this stage is mostly focused on assessing the safety and biocompatibility of medical devices
  • Raw materials, packaging, and design all have an impact on a device's safety and compatibility, and preclinical testing of all of these factors is an important step in determining a device's market potential
  • Asia Pacific dominated the market and accounted for 41.8% of the revenue share in 2020. This is due to the rising demand for medical devices in developing nations such as India and China

Access Press Release@ https://www.grandviewresearch.com/press-release/global-medical-device-testing-services-market

Medical Device Testing Services Market Segmentation

Grand View Research has segmented the global medical device testing services market based on service, phase, and region:

Medical Device Testing Services Outlook (Revenue, USD Million, 2016 - 2028)

  • Biocompatibility Tests
  • Chemistry Test
  • Microbiology & Sterility Test
    • Bioburden Determination
    • Pyrogen & Endotoxin Testing
    • Sterility Test & Validation
    • Antimicrobial Activity Testing
    • Others
  • Package Validation

Medical Device Testing Services Phase Outlook (Revenue, USD Million, 2016 - 2028)

  • Preclinical
  • Clinical

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

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
    • France
    • Italy
    • Spain
    • Netherlands
    • Belgium
    • Switzerland
    • Russia
    • Sweden
  • Asia Pacific
    • Japan
    • China
    • India
    • 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 Medical Device Testing Services Market

  • SGS SA
  • Toxikon, Inc.
  • Eurofins Scientific
  • Pace Analytical Services LLC
  • Intertek Group Plc
  • Wuxi AppTec
  • North American Science Associates, Inc.
  • TÜV SÜD AG
  • American Preclinical Services
  • Sterigenics International LLC
  • Charles River Laboratories International, Inc.
  • Medical Device Testing Services

About Grand View Research

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

Sports Analytics Market Predicted to Cross $3.44 Billion by 2028: Grand View Research Inc.

 

Sports Analytics Market Growth & Trends

The global sports analytics market size is expected to reach USD 3.44 billion by 2028, registering a CAGR of 21.3% from 2021 to 2028, according to a new report by Grand View Research, Inc. The growing preference for data-driven decision-making among various teams and associations is expected to drive the growth of the market. Sports analytics can potentially help coaches and team managers in obtaining in-depth insights about various parameters and the performance of players and in designing effective training sessions based on those insights. Monitoring of physical parameters can also be coupled with predictive analysis to help in preventing injuries that may happen in the future.

The sports industry generates large volumes of data. However, most of this data is raw data, which is unable to provide any clear insights. Nevertheless, if the data is used effectively, it can potentially provide deeper insights into the performance of individual players as well as the entire team. Analytical tools can help analyze this raw data and provide meaningful insights in real-time using interactive graphical interfaces.

Analytical tools can typically help in analyzing first-hand data, such as win and loss records, players’ line-up, opponents’ history, and players’ various metrics, including speed, distance covered, acceleration, stamina, and energy levels. The insights obtained from the analysis of these parameters can be potentially used to make informed decisions and enhance the performance of individual players as well as the entire team. The insights can also be shared with fans, enthusiasts, and other followers on various platforms, including social media.

Prominent teams and associations have already started implementing sports analytics solutions and hiring dedicated analysts as part of the efforts to enhance the performance of individual players as well as the entire team, gain a competitive advantage both on and off the field, and outperform the opponents. Associations such as the German Football Association, Royal Spanish Football Federation, and National Basketball Association (NBA), among others, have also implemented analytical tools to predict the outcomes of future game events.

Teams are typically adopting analytics solutions to stay at the top of the game in terms of overall performance, players’ fitness, and engagement with fans. For instance, Spanish football/soccer team Real Madrid has partnered with Microsoft Corp. to use state-of-the-art technology in analyzing the team’s performance and players’ fitness. Similarly, English football team Manchester United is relying on Aon plc as a trusted advisor in sports analytics.

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

Sports Analytics Market Report Highlights

  • The software segment is expected to register a strong CAGR over the forecast period owing to the rising demand for cloud-based sports analytics software that offers ease of accessibility and flexibility
  • The on-field segment is expected to exhibit the highest CAGR over the forecast period in line with the growing preference for wearable player tracking devices
  • Football is anticipated to exhibit the highest CAGR over the forecast period in line with the aggressive investments by various football clubs and teams are making in adopting the latest technologies
  • Asia Pacific is expected to exhibit strong growth with China and Japan particularly contributing to the growth of the regional market

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

Sports Analytics Market Segmentation

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

Sports Analytics Component Outlook (Revenue, USD Million, 2017 - 2028)

  • Software
  • Service

Sports Analytics Analysis Type Outlook (Revenue, USD Million, 2017 - 2028)

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

Sports Analytics Sports Outlook (Revenue, USD Million, 2017 - 2028)

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

Sports Analytics Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players in the Sports Analytics Market

  • Agile Sports Analytics, LLC
  • Catapult
  • ChyronHego Corporation
  • Deltatre
  • Experfy Inc.
  • Genius Sports Group
  • IBM Corporation
  • Oracle Corporation
  • SAP SE
  • SAS Institute Inc.
  • Sportradar AG
  • Stats Perform

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.

Friday, 28 May 2021

Breast Cancer Diagnostics Market Outlook Growth Emerging Factors On Geography, Technological Advancements And Mounting Demand Forecast

 Breast Cancer Diagnostics Market Growth & Trends

The global breast cancer diagnostics market size is expected to reach USD 6.8 billion by 2028, according to a new study by Grand View Research Inc. The market is expected to expand at a CAGR of 7.0% from 2021 to 2028. The growth is largely attributable to the increasing geriatric population exposed to the risk of breast cancer and early detection coupled with increasing awareness about breast cancer.

The introduction of 3D mammography or digital breast tomosynthesis, which is more accurate than 2D mammography, supports market growth. This advanced technology can detect 40.0% more cancers than 2D mammograms and reduce patient recalls. Rapid technological advancements are a major factor expected to drive the market over the coming years.

Companies are adopting strategies that allow them to use their resources to aid in the development of new products, as well as enhance their supply chain. In November 2019, Exact Sciences Corporation announced the acquisition of Genomic Health, which was expected to help enhance the company’s market position and offerings by acquiring its product portfolio. In January 2021, Hologic Inc. announced that it has agreed to acquire Biotheranostics for approximately US$ 230 million. Biotheranostics is a commercial-stage molecular diagnostics provider for breast and metastatic cancers.

The increasing launch of predictive and companion diagnostic tests for breast cancer is expected to boost the market growth. Recent launches in the segment include BRACAnalysis CDx by Myriad Genetics, which received FDA approval in 2018 as breast cancer companion diagnostics. In May 2019, QIAGEN introduced therascreen PIK3CA RGQ PCR Kit as a companion diagnostic for Novartis proprietary PIQRAY in guiding treatment decisions from tissue and liquid biopsy.

In January 2019, the Fujifilm Holdings Corporation introduced its Tomosynthesis Biopsy option for ASPIRE Cristalle mammography system. This technique was expected to enable physicians to detect breast cancers more efficiently compared to others by providing an enhanced 3D image and a digital mammogram.

However, there are specific risk factors associated with these imaging procedures. They involve administering high doses of fluorescent and barium contrast agents, as well as radiation exposure in the case of imaging and endoscopic procedures, which can cause several adverse effects such as nausea or diarrhea. The risks of ionizing radiation exposure associated with the use of CT, MRI, and X-rays, as well as the use of radioactive tracer injections in PET can limit the adoption of such screening procedures. Therefore, factors such as adverse effects of imaging act as a challenge for the companies in this market.

Request a free sample copy or view report summary: Breast Cancer Diagnostics Market Report

Breast Cancer Diagnostics Market Report Highlights

  • The imaging segment held the largest revenue share in 2020 and the blood tests segment is expected to grow at the fastest rate
  • By product, the instrument-based products segment accounted for the largest revenue share in 2020 due to government initiatives such as mandatory screening in developed countries such as the U.S., Canada, and the U.K. for women above 45 years of age, increasing the overall testing and screening of breast cancer
  • The platform-based products segment is expected to witness the fastest growth over the forecast period. These tests are mostly used for assessing the efficacy of chemotherapy and targeted therapy in women
  • By application, the diagnostic and predictive segment dominated the market in 2020 and the prognostic segment is expected to witness the fastest CAGR over the forecast period due to increasing collaborations and efforts for advancements in diagnostics
  • The hospitals and clinics segment dominated the market in 2020
  • The medical labs and diagnostics centers segment is expected to witness the fastest CAGR over the forecast period due to an increase in platform-based testing such as NGS, and PCR

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

Breast Cancer Diagnostics Market Segmentation

Grand View Research has segmented the global breast cancer diagnostics market on the basis of type, product, application, end-use, and region:

Breast Cancer Diagnostic Type Outlook (Revenue, USD Million, 2017 - 2028)

  • Imaging
  • Biopsy
  • Genomic Tests
  • Blood Tests
  • Others

Breast Cancer Diagnostic Product Outlook (Revenue, USD Million, 2017 - 2028)

  • Platform-based Products
    • Next-generation Sequencing
    • Microarrays
    • PCR
    • Others
  • Instrument-based Products
    • Imaging
    • Biopsy

Breast Cancer Diagnostic Application Outlook (Revenue, USD Million, 2017 - 2028)

  • Screening
  • Diagnostic and Predictive
  • Prognostic
  • Research

Breast Cancer Diagnostic End-use Outlook (Revenue, USD Million, 2017 - 2028)

  • Hospitals & Clinics
  • Diagnostic Centers and Medical Laboratories
  • Others

Breast Cancer Diagnostic Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Breast Cancer Diagnostics Market

  • Hologic Inc.
  • Genomic Health (Exact Sciences Corporation)
  • BD
  • Danaher
  • Koninklijke Philips N.V.
  • QIAGEN
  • Thermo Fisher Scientific Inc.
  • Myriad Genetics
  • Argon Medical Devices, Inc.
  • Hoffmann-La Roche 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.

Europe Data Center Colocation Market Size Is Anticipated To Reach USD 33.66 Billion by 2028

 Europe Data Center Colocation Market Growth & Trends

The Europe data center colocation market size is anticipated to reach USD 33.66 billion by 2028, recording a CAGR of 13.1%, over the forecast period, according to a study conducted by Grand View Research, Inc. The market is driven by the factors such as the rising costs of data center infrastructure, lack of floor space, and rising power costs. Enterprises are inclined toward colocation data centers as it enables them to place their infrastructure in proximity to their users and provide better services. Additionally, colocation data centers also fulfill their power and space requirements while offering them the option to scale up their infrastructure as per the requirement.

The ongoing technological boom with the rollout of devices equipped with advanced technologies such as 5G, Internet of Things (IoT), Artificial Intelligence (AI), and Augmented Reality (AR) is expected to further drive the market growth. Considering that these technologies would require improved network connectivity and reduced latency, the interconnectivity across Europe will also rise, presenting an excellent opportunity for colocation providers to localize their services. According to Equinix Inc.’s interconnection network index, the interconnection bandwidth across Europe is expected to reach 3,872 Tbps by 2023 from 1,182 Tbps in 2020. 

The colocation market in Europe is further expected to gain traction amid the COVID-19 pandemic. With several organizations adopting the work from home policy, enterprises are moving toward multi-tenant data centers to increase proximity to users. Lockdowns imposed across numerous countries have led to a surge in the use of OTT services, which is also expected to fuel the demand for colocation facilities in Europe.

Request a free sample copy or view report summary: Europe Data Center Colocation Market Report

Europe Data Center Colocation Market Report Highlights

  • In terms of colocation type, the retail colocation segment held the largest market share in 2020. The increasing deployment of retail colocation by SMEs is largely responsible for segment growth. Retail colocation offers racks, servers, space, power, and cooling, among other solutions, making it an affordable option for SMEs
  • In terms of end use, the IT and telecom segment dominated the market with the largest revenue share in 2020. This is attributed to the increasing telecom network with the rollout of 5G and new application development for smart devices
  • The small and medium enterprise segment is expected to register the highest CAGR over the forecast period owing to the increasing number of startup businesses adopting colocation services across the region
  • The Nordic region is expected to witness a surge in investments from cloud service providers. This is due to the growing number of enterprises using cloud computing across Nordic countries, which is the highest across entire Europe. Additionally, the region has a higher proportion of ICT specialists, relative to its population compared to other EU countries

Access Press Release@ https://www.grandviewresearch.com/press-release/europe-data-center-colocation-market-analysis

Europe Data Center Colocation Market Segmentation

Grand View Research has segmented the Europe data center colocation market based on colocation type, end-use, enterprise size, and region:

Europe Data Center Colocation Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Retail Colocation
  • Wholesale Colocation

Europe Data Center Colocation End-use Outlook (Revenue, USD Million, 2016 - 2028)

  • Retail
  • BFSI
  • IT & Telecom
  • Healthcare
  • Media & Entertainment
  • Others

Europe Data Center Colocation Enterprise Size Outlook (Revenue, USD Million, 2016 - 2028)

  • Small & Medium Enterprises
  • Large Enterprises

Europe Data Center Colocation Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • Europe
    • UK.
    • Germany
    • France
    • Austria
    • Switzerland
    • Benelux
      • Belgium
      • Netherlands
      • Luxembourg
    • Nordic
      • Norway
      • Sweden
      • Finland
      • Denmark
    • CEE
      • Bulgaria
      • Czech Republic
      • Estonia
      • Latvia
      • Lithuania
      • Hungary
      • Poland
      • Slovakia
      • Croatia
      • Romania
    • Rest of Europe

List of Key Players in the Europe Data Center Colocation Market

  • Equinix, Inc.
  • Cyxtera Technologies, Inc.
  • Interxion
  • CyrusOne, Inc.
  • NTT Limited
  • Global Switch
  • Verne Global

About Grand View Research

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

Sports Analytics Market Predicted to Cross $3.44 Billion by 2028: Grand View Research Inc.

 

Sports Analytics Market Growth & Trends

The global sports analytics market size is expected to reach USD 3.44 billion by 2028, registering a CAGR of 21.3% from 2021 to 2028, according to a new report by Grand View Research, Inc. The growing preference for data-driven decision-making among various teams and associations is expected to drive the growth of the market. Sports analytics can potentially help coaches and team managers in obtaining in-depth insights about various parameters and the performance of players and in designing effective training sessions based on those insights. Monitoring of physical parameters can also be coupled with predictive analysis to help in preventing injuries that may happen in the future.

The sports industry generates large volumes of data. However, most of this data is raw data, which is unable to provide any clear insights. Nevertheless, if the data is used effectively, it can potentially provide deeper insights into the performance of individual players as well as the entire team. Analytical tools can help analyze this raw data and provide meaningful insights in real-time using interactive graphical interfaces.

Analytical tools can typically help in analyzing first-hand data, such as win and loss records, players’ line-up, opponents’ history, and players’ various metrics, including speed, distance covered, acceleration, stamina, and energy levels. The insights obtained from the analysis of these parameters can be potentially used to make informed decisions and enhance the performance of individual players as well as the entire team. The insights can also be shared with fans, enthusiasts, and other followers on various platforms, including social media.

Prominent teams and associations have already started implementing sports analytics solutions and hiring dedicated analysts as part of the efforts to enhance the performance of individual players as well as the entire team, gain a competitive advantage both on and off the field, and outperform the opponents. Associations such as the German Football Association, Royal Spanish Football Federation, and National Basketball Association (NBA), among others, have also implemented analytical tools to predict the outcomes of future game events.

Teams are typically adopting analytics solutions to stay at the top of the game in terms of overall performance, players’ fitness, and engagement with fans. For instance, Spanish football/soccer team Real Madrid has partnered with Microsoft Corp. to use state-of-the-art technology in analyzing the team’s performance and players’ fitness. Similarly, English football team Manchester United is relying on Aon plc as a trusted advisor in sports analytics.

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

Sports Analytics Market Report Highlights

  • The software segment is expected to register a strong CAGR over the forecast period owing to the rising demand for cloud-based sports analytics software that offers ease of accessibility and flexibility
  • The on-field segment is expected to exhibit the highest CAGR over the forecast period in line with the growing preference for wearable player tracking devices
  • Football is anticipated to exhibit the highest CAGR over the forecast period in line with the aggressive investments by various football clubs and teams are making in adopting the latest technologies
  • Asia Pacific is expected to exhibit strong growth with China and Japan particularly contributing to the growth of the regional market

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

Sports Analytics Market Segmentation

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

Sports Analytics Component Outlook (Revenue, USD Million, 2017 - 2028)

  • Software
  • Service

Sports Analytics Analysis Type Outlook (Revenue, USD Million, 2017 - 2028)

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

Sports Analytics Sports Outlook (Revenue, USD Million, 2017 - 2028)

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

Sports Analytics Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players in the Sports Analytics Market

  • Agile Sports Analytics, LLC
  • Catapult
  • ChyronHego Corporation
  • Deltatre
  • Experfy Inc.
  • Genius Sports Group
  • IBM Corporation
  • Oracle Corporation
  • SAP SE
  • SAS Institute Inc.
  • Sportradar AG
  • Stats Perform

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.

Canned Alcoholic Beverages Market Analysis By Leading Players, Types, Growth Factors, Demand, Opportunities, Current Trends & Predictions

 Canned Alcoholic Beverages Market Growth & Trends

The global canned alcoholic beverages market size is expected to reach USD 13.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 13.3% from 2021 to 2028. Canned alcoholic beverages are gaining popularity among consumers since cans are more convenient, portable, and travel-friendly. Moreover, these metal cans are less expensive as compared to glass bottles and have a considerably higher recycling rate than glass.

The hand seltzers segment held the largest revenue share in 2020 and is expected to maintain its dominance over the forecast period. Hard seltzers are carbonated water-based drinks, which are usually infused with fruits and spirits. These have become quite popular among millennials due to their low alcohol content. Low prices of hard seltzer, easy availability across supermarkets and convenience stores are factors anticipated to boost their sales in the upcoming years.

The liquor stores segment contributed a majority of the share to become the largest division in the global revenue in 2020. These stores have been a widespread and well-established distribution channel for canned alcoholic beverages. The wide availability of both premium and private label brands at these stores attract consumers to purchase products through these channels.

The market is fragmented in nature, with the presence of a large number of global and regional players. Bacardi Limited, Diageo plc, Brown-Forman Corporation, Anheuser-Busch In Bev, Treasury Wine Estates (TWE), Union Wine Company, E. and J. Gallo Winery, Asahi Group Holdings, Ltd., Kona Brewing Co., Suntory Holdings Limited, Barefoot Cellars, Constellation Brands are among the prominent players in the global market.

Request a free sample copy or view report summary: Canned Alcoholic Beverages Market Report

Canned Alcoholic Beverages Market Report Highlights

  • In Asia Pacific, the market is expected to witness a CAGR of 13.9% from 2021 to 2028. The major factor driving the market in the region is the presence of young consumers and rapidly growing economies
  • The wine segment is projected to register the fastest CAGR of 13.7% from 2021 to 2028. The rising awareness among consumers for more eco-friendly alternatives to plastic bottles coupled with the growing taste for convenient products is propelling the demand for canned wine
  • The online segment is expected to register the fastest CAGR of 13.6% from 2021 to 2028. The hassle-free shopping experience offered by various online platforms is expected to drive the growth of the segment

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

Canned Alcoholic Beverages Market Segmentation

Grand View Research has segmented the global canned alcoholic beverages market on the basis of product, distribution channel, and region:

Canned Alcoholic Beverages Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Wine
    • Still
    • Fortified
    • Low-alcohol
    • Sparkling
  • RTD Cocktails
    • Malt based
    • Spirit based
    • Wine based
  • Hard Seltzers
    • Malt based
    • Spirit based
    • Wine based
    • Sugar based

Canned Alcoholic Beverages Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

  • On-trade
  • Liquor Stores
  • Online
  • Others

Canned Alcoholic Beverages Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Canned Alcoholic Beverages Market

  • Bacardi Limited
  • Diageo plc
  • Brown-Forman Corporation
  • Anheuser-Busch InBev
  • Treasury Wine Estates (TWE)
  • Union Wine Company
  • & J. Gallo Winery
  • Asahi Group Holdings, Ltd.
  • Pernod Ricard
  • Integrated Beverage Group LLC
  • Sula Vineyards Pvt. Ltd.
  • Kona Brewing Co.
  • Suntory Holdings Limited
  • Barefoot Cellars
  • Constellation Brands

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.

North America Cheese Powder Market Size Is Expected To Reach USD 2.1 Billion by 2028

 North America Cheese Powder Market Growth & Trends

The North America cheese powder market size is expected to reach USD 2.1 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.9% over the forecast period. The market is majorly driven by the increasing demand for convenience foods owing to a time-constrained lifestyle. The increasing awareness about the harmful effects associated with synthetic food ingredients is further driving the growth of natural ingredients, such as cheese powders, in the region.

Consumers around the world are demanding convenient solutions that can help with their busy lifestyles and simplify nutritional requirements. Ready-To-Eat (RTE) meals are becoming an essential part of human life. These meals are preferred due to their nutritional values, ease of preparation, and availability of a wide selection. These meals have played a significant role in the growth of the food & beverage industry and are highly popular among end-users.

The U.S. fast-food industry has witnessed tremendous growth from being a mere USD 6 billion industry in 1970 to more than USD 250 billion in 2019. People have been increasingly focusing on the ingredients and flavors used in the food products along with their origin. This changing trend has pushed manufacturers to offer new and innovative ingredients, helping the growth of the market.

The foodservice and retail sectors are finding major opportunities for the product across the globe. Millennials are pushing manufacturers to think out of the box as this generation prefers products that are healthy, high in proteins, easy-to-use, and taste good. Their needs have a huge impact on the way products are manufactured, including the packaging elements.

However, the increasing occurrence of lactose intolerance and milk allergies is expected to hinder the growth of the cheese powder market over the forecast period in North America. Lactose intolerance is a very common trait found across almost every part of the world and over 60% of the global population has some levels of milk allergies. Consumers with lactose intolerance are turning their focus toward lactose-free plant-based alternatives to incorporate the necessary calcium and vitamins in their diet, which is expected to create challenges for the market in the region.

Request a free sample copy or view report summary: North America Cheese Powder Market Report

North America Cheese Powder Market Report Highlights

  • The cheddar cheese powder segment accounted for a revenue share of over 40% in 2020 owing to high production levels and product popularity
  • The lower cost of cheddar powder as compared to its counterparts is expected to drive the segment growth over the forecast period
  • The Covid-19 pandemic has boosted the consumption of snacks in North American countries in 2020
  • The success of key snacks like yogurts, protein bars, hummus, and others, owing to consumer preferences for clean labels and natural ingredients, is anticipated to drive the product demand in the snacks segment
  • The U.S was the largest consumer in 2020 due to the high demand for snacks and bakery products in the country
  • Manufacturers are focusing more on distributing products through online channels to provide flexibility to the end users, in terms of order quantity and delivery time
  • Several manufacturers have vertically integrated business operations, which ensures the adequate supply of raw materials at lower costs

Access Press Release@ https://www.grandviewresearch.com/press-release/north-america-cheese-powder-market-analysis

North America Cheese Powder Market Segmentation

Grand View Research has segmented the North America cheese powder market on the basis of product, application, and region:

North America Cheese Powder Product Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • Cheddar
  • Parmesan
  • Blue Cheese
  • Romano
  • Swiss
  • Other

North America Cheese Powder Application Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • Snacks
  • Bakery & Confectionery
  • Dips/Dressings/Dry Mix/Sauces
  • Flavors
  • Ready-To-Eat
  • Others

North America Cheese Powder Regional Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • North America
    • US.
    • Canada
    • Mexico

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.

Thursday, 27 May 2021

Powder Coatings Market is Expected to Grow High Due to Increasing Demand For High Variation In Texture, Color & Coating Thicknesses by 2028

 

Powder Coatings Market Growth & Trends

The global powder coatings market size is expected to reach USD 20.8 billion by 2028, registering a CAGR of 7.2% from 2021 to 2028, according to a report by Grand View Research, Inc. The market is expected to witness significant growth over the forecast period primarily owing to the superior properties of powder coatings over conventional paints including high resistance to corrosion and chipping & abrasion, durability, cost-effectiveness, excellent finishing, and reduced processing time.

Growing purchasing power, high living standard, and rapid urbanization are expected to drive the consumer goods sector, thereby driving product demand for use in applications, such as refrigerators, washer tops and lids, air-conditioner cabinets, water heaters, range housings, dishwashers, microwave oven cavities, and freezer cabinets.

Asia Pacific is estimated to register the fastest CAGR of 8.0%, in terms of revenue, over the forecast period. Increasing demand for consumer goods, such as washing machines and refrigerators, in emerging countries like India, China, Vietnam, the Philippines, and Thailand is expected to boost the regional market growth. Growing demand for automotive in emerging economies of Asia Pacific coupled with favorable FDI norms by the governments is expected to facilitate investments in the region.

North America was the third-largest regional market, in terms of revenue, in 2020. The rapid expansion of the automotive industry in the U.S. and concerns regarding VOC emissions released from the coatings used in automobile production are expected to boost the demand for powder coatings.

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

Powder Coatings Market Report Highlights

  • Epoxy-Polyester (Hybrid) is expected to be the fastest-growing resin type segment during the forecast period
  • Consumer goods dominated the application segment in 2020 due to high demand for domestic appliances in emerging countries, such as India, China, Vietnam, the Philippines, and Thailand
  • The global market is fragmented. In terms of revenue, the top market players collectively held over 40% of the overall share in 2020
  • Key players are striving to gain a higher market share with new product developments and advancements in the manufacturing technology
  • However, at present, the pricing structure of market participants is nearly the same and there is not much difference in product attributes

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

Powder Coatings Market Segmentation

Grand View Research has segmented the global powder coatings market on the basis of resin, application, and region:

Powder Coatings Resin Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2028)

  • Epoxy
  • Polyester
  • Epoxy-polyester (Hybrid)
  • Acrylic
  • Polyurethane
  • Others

Powder Coatings Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2028)

  • Consumer Goods
  • Architectural
  • Automotive
  • General Industries
  • Furniture
  • Others

Powder Coatings Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2028)

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK.
    • France
    • Italy
    • Russia & CIS countries
    • Benelux
    • Turkey
    • Spain
    • Switzerland
    • Sweden
    • Poland
    • Austria
    • Norway
    • Denmark
    • Finland
    • Portugal
    • Czech Republic (CZ)
    • Slovenia
  • Asia Pacific
    • China
    • India
    • Japan
    • Thailand
  • Central and South America
    • Brazil
    • Argentina
  • Middle East and Africa
    • Saudi Arabia
    • South Africa

List of Key Players of Powder Coatings Market

  • Akzo Nobel N.V
  • The Sherwin-Williams Company
  • PPG Industries, Inc.
  • BASF SE
  • DSM
  • Valspar
  • Arkema S.A.
  • Bayer AG

 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.

Cell Separation Market Will Target Emerging Markets By 2028

 Cell Separation Market Growth & Trends

The global cell separation market size is expected to reach USD 25.8 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 18.8% from 2021 to 2028. Growing focus on biomolecule and cancer research, and rising incidence of chronic and infectious diseases, including the outbreak of COVID-19, are major factors contributing towards the growth of the market.

Cell separation products are widely used by researchers and healthcare professionals for the development and production of novel therapies such as gene therapies and regenerative medicines. Continuous technological advancements and the introduction of more efficient products by key players have significantly supported the market growth. For instance, in October 2020, Thermo Fisher Scientific, a U.S.-based prominent player in the field, launched its new Gibco CTS Rotea Counterflow Centrifugation System. This new system gives processing versatility to help in a broad range of protocols for cell separation. Also, increasing public-private initiatives and investments to facilitate stem and gene therapy development in potential emerging countries is anticipated to create a lucrative environment for market growth. In February 2020, the Global Institute of Stem Cell Therapy and Research (GIOSTAR), a regenerative medicine provider, established a stem cell/cancer research center in India.

Furthermore, the high prevalence of chronic diseases, such as cancer, and extensive R&D activities by leading biotech and pharma players to develop novel biological therapies are expected to fuel market growth. As per the American Cancer Society’s estimates, in 2021, around 1.9 million new cases of cancer are estimated to be diagnosed in the U.S., which will lead to around 608,570 deaths. Moreover, following the outbreak of COVID‐19, several U.S.-based companies are involved in extensive research for the development of novel vaccines and therapeutics, thereby driving the market.

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

Cell Separation Market Report Highlights

  • By product, the consumables segment dominated the market in 2020, owing to its repetitive use in research applications
  • By application, the biomolecule isolation segment dominated the market in 2020, due to increasing R&D initiatives for the development of innovative biologics
  • The research laboratories and institutes segment accounted for the largest revenue share in the end-use segment in 2020, owing to increasing R&D initiatives by them in the field of oncology and neuroscience
  • The high cost of cell isolation products is the most critical restraining factor for the overall market growth
  • North America dominated the market with the largest revenue share owing to the presence of numerous large biopharmaceutical and biotechnology companies in the region
  • In Asia Pacific, the market is projected to witness the highest CAGR during the forecast period due to the expanding biotech and pharma sectors in emerging markets such as China and India

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

Cell Separation Market Segmentation

Grand View Research has segmented the global cell separation market on the basis of product, cell type, technique, application, end use, and region:

Cell Separation Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Consumables
    • Reagents, Kits, Media, and Sera
    • Beads
    • Disposables
  • Instruments
    • Centrifuges
    • Flow Cytometers
    • Filtration Systems
    • Magnetic-activated Cell Separator Systems

Cell Separation Cell Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Human
  • Animal

Cell Separation Technique Outlook (Revenue, USD Million, 2016 - 2028)

  • Centrifugation
  • Surface Marker
  • Filtration

Cell Separation Application Outlook (Revenue, USD Million, 2016 - 2028)

  • Biomolecule Isolation
  • Cancer Research
  • Stem Cell Research
  • Tissue Regeneration
  • In Vitro Diagnostics
  • Therapeutics

Cell Separation End-use Outlook (Revenue, USD Million, 2016 - 2028)

  • Research Laboratories and Institutes
  • Hospitals and Diagnostic Laboratories
  • Cell Banks
  • Biotechnology and Biopharmaceutical Companies

Cell Separation Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Cell Separation Market

  • Thermo Fisher Scientific, Inc.
  • Becton, Dickinson and Company
  • Danaher
    • Beckman Coulter, Inc.
    • Cytiva
  • Terumo Corporation
  • STEMCELL Technologies Inc.
  • Bio-Rad Laboratories, Inc.
  • Merck KGaA

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.

Demand Data Center Colocation Market Increasing in Most Part of World 2028

 Data Center Colocation Market Growth & Trends

The global data center colocation market size is expected to reach USD 117.82 billion by 2028, recording a CAGR of 13.3% from 2021 to 2028, according to a study conducted by Grand View Research, Inc. Several businesses and cloud service providers are shifting toward colocation or multi-tenant data centers, which is a key factor contributing to the market growth. Colocation is the preferred choice among numerous enterprises as it offers increased cost benefits compared to building and maintaining their own data center facility. Colocation data centers also offer operational flexibility while scaling up infrastructure to accommodate larger data volumes. With the rising costs of land, property, and IT infrastructure, these data centers are a viable option for SMEs due to limited IT spending.

The proliferation of online shopping worldwide is anticipated to upkeep the market growth over the next seven years. An increase in the number of online shoppers translates to the generation of increased data volumes in the retail sector. This has led to increased investments in the IT infrastructure sector, especially in data centers. Several retailers are opting for colocation centers to save IT costs, which is further expected to drive market growth.

Countries, such as India, China, and the U.S., have strict data localization laws to prevent cross-border data transfers. The European Union implemented General Data Protection Regulation (GDPR) in 2018, which laid down the norms related to personal data transfer and usage. Such protection laws have propelled several enterprises to locate their data centers within the country borders and localize data storage. Colocation data centers have presented businesses with an opportunity of leasing the infrastructure at affordable rates in proximity to the user, while also scaling the infrastructure to accommodate data volumes. These factors are expected to increase the deployment of colocation facilities, thereby driving the market growth.

Request a free sample copy or view report summary: Data Center Colocation Market Report

Data Center Colocation Market Report Highlights

  • The wholesale type segment is projected to record the fastest CAGR of over 16% from 2021 to 2028 on account of the top global companies, such as Microsoft Corp. and Oracle Corp., renting wholesale colocation centers for their servers
  • The product demand in the small- & medium-scale business segment captured a sizeable share of over 37% in 2020. The segment is anticipated to witness an uptick in demand registering a strong CAGR from 2021 to 2028
  • Asia Pacific is expected to register the highest growth rate over the forecast period on account of the rising data volumes across the region
  • A large percentage of the population uses smartphones, thus increasing the viewership of Over-The-Top (OTT) platforms and streaming services. This is expected to generate large data volumes, thereby increasing the demand for high data storage and faster processing speeds
  • The healthcare end-use segment is estimated to register the fastest CAGR from 2021 to 2028 due to the rising need to effectively store and manage patient data and increased focus on medical services amid the pandemic

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

Data Center Colocation Market Segmentation

Grand View Research has segmented the global data center colocation market on the basis of colocation type, enterprise size, end-use, and region:

Data Center Colocation Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Retail
  • Wholesale

Data Center Colocation Enterprise Size Outlook (Revenue, USD Million, 2016 - 2028)

  • SMEs
  • Large Enterprises

Data Center Colocation End-use Outlook (Revenue, USD Million, 2016 - 2028)

  • Retail
  • BFSI
  • IT & Telecom
  • Healthcare
  • Media & Entertainment
  • Others

Data Center Colocation Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
    • France
    • Austria
    • Switzerland
    • Benelux
    • Nordics
    • CEE
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa

List of Key Players of Data Center Colocation Market

  • China Telecom Corp. Ltd.
  • CoreSite Realty Corp.
  • CyrusOne, Inc.
  • Cyxtera Technologies, Inc.
  • Digital Realty Trust, Inc.
  • Equinix, Inc.
  • Global Switch
  • NaviSite
  • NTT Communications Corp.
  • Telehouse

About Grand View Research

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

U.S. Cycle Tourism Market is Expected to Enhance $67.32 Billion Revenue By 2033: Grand View Research Inc.

  U.S. Cycle Tourism Market Growth & Trends The  U.S. cycle tourism market  size is expected to reach USD 67.32 billion by 2033, and is ...