Tuesday, 22 June 2021

Flat Glass Coatings Market Projected To Be Worth USD 7.1 Billion By 2028: Grand View Research Inc.

 Flat Glass Coatings Market Growth & Trends

The global flat glass coatings market size is expected to reach USD 7.1 billion by 2028, registering a CAGR of 20.4% over the forecast period, according to a new study by Grand View Research, Inc. Rising demand for mirror and glass facades from the commercial and residential sectors coupled with growing product adoption in the automotive & transportation sector is likely to drive the market over the forecast period 

Growing demand for renewable sources of energy and the rising number of solar installations across the globe are likely to increase the adoption of solar panels; thus, augmenting the demand for flat glass coatings. Moreover, favorable government regulations and rising awareness regarding energy scrutiny are anticipated to drive the product demand in architectural applications over the coming years. Countries, such as Italy, the U.K., the U.S., Japan, China, India, and Germany, which are part of the Kyoto Protocol, have been introducing legislation to reduce Greenhouse Gas (GHG) emissions. Such measures across countries are also anticipated to drive the product demand.

The water-based technology segment dominated the global market in 2020 and is anticipated to maintain its dominance over the forecast period. Water-based technology is used widely, owing to its high strength and premium quality. The overall performance of the coating primarily depends on the utilization of raw materials, such as pigments, resins, and additives. However, nano-based technology is expected to ascend at a promising growth rate during the forecast period on account of the growing preference for advanced materials in the manufacturing industry.

The rising need for utilization of sustainable energy & reduction in carbon footprint along with favorable government policies aimed at reducing the consumption of fossil fuel is likely to propel the growth of the solar power sector. The growth in the solar module industry is another major factor driving the product demand in solar projects.

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Flat Glass Coatings Market Report Highlights

  • Asia Pacific dominated the global market and is projected to expand further at the fastest CAGR of 21.4% over the forecast period
  • Rising investments for infrastructure development and favorable regulations in APAC are the key factors driving the regional market
  • China was the leading player on account of its growing automobile industry and increasing government expenditure on infrastructural projects
  • Epoxy resins held considerable revenue share on account of their unique properties, such as mechanical strength, high thermal stability, electrical, heat resistance, adhesion, and mechanical resistance
  • In October 2016, Vitro, S.A.B. de C.V expanded its coating production capability along with the construction of MSVD glass coater. These coaters are utilized to produce glass, which is performance efficient as well as is energy efficient and is low emissive

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

Flat Glass Coatings Market Segmentation

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

Flat Glass Coatings Resin Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2028)

  • PU
  • Acrylic
  • Epoxy
  • Others

Flat Glass Coatings Technology Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2028)

  • Solvent-based
  • Water-based
  • Nano-based

Flat Glass Coatings Application Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2028)

  • Solar Power
  • Mirror
  • Architectural
  • Automotive & Transportation
  • Other

Flat Glass Coatings Regional Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK.
    • Turkey
    • Italy
    • The Netherlands
    • Belgium
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Malaysia
    • Taiwan
    • South Korea
    • Vietnam
  • Central & South America
    • Brazil
    • Chile
  • Middle East & Africa
    • Saudi Arabia
    • South Africa

List of Key Players of Flat Glass Coatings Market

  • Arkema, Inc.
  • Fenzi Spa
  • Ferro Corp.
  • Hesse Gmbh & Co. KG
  • The Sherwin-Williams Company
  • Vitro S.A.B. De C.V.
  • Nippon Paint Holdings Co., Ltd.
  • Yantai Jialong Nano Industry Co., Ltd.
  • 3M

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.

High Level Disinfection Services Market Set to Surge Significantly During 2021-2028: Grand View Research Inc.

 High Level Disinfection Services Market Growth & Trends

The global high level disinfection services market size is expected to reach USD 45.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.2% from 2021 to 2028. The increasing prevalence of hospital-acquired infection and surgical site infections, the increasing number of surgeries coupled with the rise in the incidence of chronic disorders, and the impact of COVID-19 are the key driving factors for the market. 

An increase in the prevalence of HAIs due to a lack of sanitation and preventive measures is a major factor expected to propel market growth over the forecast period. Unclean medical devices are a key source of hospital-acquired infections. According to the report published by CDC in 2017, hospital-acquired infections result in more than 99,000 deaths every year. Also, according to antimicrobe.org, HAP accounts for around 27.00% of all nosocomial infections acquired in medical intensive care units (ICU). Since these products are needed for disinfection and cleaning of various hospital equipment, therefore, these instances are expected to surge the demand for high level disinfectant services.

Furthermore, the sudden outbreak of COVID-19 across the globe is one of the major factors propelling the market growth. According to the Worldometer estimates, as of 26th April 2021, there are total 147,884,279 cases globally. If more people become infected with the coronavirus, there will be a significant need for critical care supplies that will boost the demand for high-level disinfectant services. Furthermore, major players operating in the market are developing HLDs that are effective against COVID-19. For instance, LANXESS developed Rely+On Virkon and Solvay’s PROXITANE, which is effective against the coronavirus. Hence, such instances indicate considerable market growth over the forecast period.

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High Level Disinfection Services Market Report Highlights

  • The outsource segment held the largest revenue share in 2020. Several benefits associated with outsourcing such as cost-saving, customized disinfection services and usage of advanced technology is the major factor propelling segment growth
  • The glutaraldehyde segment held the largest revenue share in 2020 and is expected to witness the fastest growth over the forecast period due to the increasing number of surgeries
  • The hospitals and clinics segment held the largest revenue share in 2020. The segment growth is majorly driven by the increasing number of hospital-acquired infections and the rising number of people suffering from coronavirus
  • In Asia Pacific, the market is expected to witness the fastest growth rate over the forecast period owing to the rising prevalence of chronic disorders

Access Press Release@ https://www.grandviewresearch.com/press-release/global-high-level-disinfection-services-market

High Level Disinfection Services Market Segmentation

Grand View Research has segmented the global high level disinfection services market on the basis of services, compounds, end use, and region:

High Level Disinfection Services Outlook (Revenue, USD Million, 2016 - 2028)

  • In house
  • Outsource

High Level Disinfection Services Compound Outlook (Revenue, USD Million, 2016 - 2028)

  • Formaldehyde
  • Glutaraldehyde
  • Ortho-phthalaldehyde
  • Hydrogen Peroxide
  • Peracetic Acid
  • Others

High Level Disinfection Services End-use Outlook (Revenue, USD Million, 2016 - 2028)

  • Hospitals & Clinics
  • Diagnostic Laboratories
  • Pharmaceutical & Biotechnology Companies
  • Academic and Research Institutes
  • Others

High Level Disinfection Services Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of High Level Disinfection Services Market

  • Altapure
  • STERIS
  • Microchem Laboratory
  • Metrex Research, LLC.
  • Com
  • Rentokil Initial plc.
  • Advance Sterilization Products (ASP)

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.

Italy Dropshipping Market Trends, Demand, Production, Analysis and Forecast to 2028: Grand View Research Inc.

 Italy Dropshipping Market Growth & Trends

The Italy dropshipping market size is expected to reach USD 5.82 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 18.1% from 2021 to 2028. Although e-commerce penetration is lower than 5% in Italy, the COVID-19 pandemic in 2020 proved transformational for the online business models. Since the outbreak of coronavirus and the resultant lockdown, the uptake of online shopping has witnessed a surge. While it is early to deduce whether the pandemic will bring about a massive shift in consumer buying behavior or not, it is most likely expected to result in changing shopping habits among consumers.

A shift in consumer preference for online shopping amidst the pandemic will bring about several changes to the logistic and e-commerce sector in the country. Although the grocery and provision sector has been at the forefront in online shopping through 2020, we expect this will create a shift in consumer buying patterns, with habits gradually expected to change from brick-and-mortar to online shopping. These changing patterns will create considerable opportunities for online marketplaces that offer various product categories ranging from apparel to electronics.

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Italy Dropshipping Market Report Highlights

  • E-commerce growth has resulted in investments in the Italian logistics sector. In 2019, these investments exceeded USD 1 billion, an uptick over the last couple of years. The growth in online commerce came on the back of investments in the logistics sector in 2017, mainly because of the Logicor deal
  • Growing smartphone penetration and access to the internet have emerged as the key factors driving the market growth. In Italy, the smartphone penetration rate is over 40%, and it is estimated that, by the end of 2025, more than 70% population in the country is estimated to use a smartphone
  • Several companies, such as Shopify and Magento, Inc., to name a few, are developing mobile applications for sellers to manage multiple suppliers across the dropshipping business
  • Even the e-commerce software companies are focused on designing multi-vendor dropshipping mobile applications with features that allow sellers in managing orders, location tracking, addition/editing of products, viewing transaction lists and product lists, and more
  • Such innovations/software upgrades help companies manage their dropshipping businesses smoothly. The increasing adoption of these solutions is expected to drive the market growth

Access Press Release@ https://www.grandviewresearch.com/press-release/italy-dropshipping-market-analysis

Italy Dropshipping Market Segmentation

Grand View Research has segmented the Italy dropshipping market based on product:

Italy Dropshipping Product Outlook (Revenue, USD Million, 2017 - 2028)

  • Food
  • Furniture
  • Beauty & Personal Care
  • Personal Electronics and Media
  • Other Electronics (Home Appliances including Refrigerators, Washing Machines, Television, etc.)
  • Fashion
  • Others (Toys, Hobby, & DIY)

List of Key Players in the Italy Dropshipping Market

  • com
  • com
  • com
  • Medici in Firenze
  • MediaToys Srl
  • Oberlo
  • co.uk
  • Shopify, 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.

Smart Stethoscope Market Trends Analysis And Forecast Till 2028: Grand View Research Inc.

 Smart Stethoscope Market Growth & Trends

The global smart stethoscope market size is expected to reach USD 76.9 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.8% from 2021 to 2028. A surge in the geriatric population, high adoption of technologically advanced products, growing healthcare infrastructure, and various government initiatives are the key driving factors for the market.

The smart stethoscope is user-friendly and cost-effective equipment that assists physicians in obtaining reliable results. Based on heart rate, these stethoscopes help in the diagnosis of respiratory diseases and disorders. Until now, the traditional stethoscope has played a significant role in the department of cardiology. Though, the medical device has some disadvantages, such as poor sound quality, which is particularly noticeable in obese patients and those with a thick chest wall. Hence, there is a booming demand for advanced stethoscopes to replace the traditional version of the medical, leading to market growth.

High prevalence of cardiovascular disorders, enhanced diagnosis, are other factors driving the market. As projected by the WHO, heart disease is the leading cause of death in the U.S., causing around 647,000 deaths every year. Technological advances, as well as the continuous introduction of new and innovative products, are key drivers of business expansion. For instance, recently in July 2020, HD Medical received FDA clearance for its HD Steth that uses artificial intelligence to aid clinicians to perform an advanced cardiac assessment at point-of-care.

Auscultation of the chest is important in COVID-19 patients, particularly those with poor respiratory conditions such as serious pneumonia and respiratory dysfunction, as well as intensive cases who are anesthetized and whose breathing is supported by a ventilator. Nevertheless, proper auscultation of these patients is challenging when medical staff wears personal protective equipment and when communicating with patients is restricted. In such cases, smart stethoscopes are witnessing a major upswing in popularity and novelty.

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Smart Stethoscope Market Report Highlights

  • In terms of application, the cardiovascular segment held the largest revenue share of 28.7% in 2020 owing to the increasing prevalence of heart diseases
  • In terms of end-use, the hospitals segment held the largest revenue share in 2020. The segment growth is majorly driven by the increasing number prevalence of cardiac and lung disorders
  • In Asia Pacific, the market is expected to witness the highest CAGR of 7.5% during the forecast period owing to the rising aging population and presence of huge untapped potential

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

Smart Stethoscope Market Segmentation

Grand View Research has segmented the global smart stethoscopes market on the basis of application, end use, and region:

Smart Stethoscope Application Outlook (Revenue, USD Million, 2016 - 2028)

  • Cardiovascular
  • Neonatal
  • Pediatric
  • Fetal
  • Teaching
  • Others

Smart Stethoscope End-use Outlook (Revenue, USD Million, 2016 - 2028)

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers (ASCs)

Smart Stethoscope Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Smart Stethoscope Market

  • 3M
  • Thinklabs
  • HD Medical, Inc.
  • Eko Devices, Inc.
  • eKuore
  • M3DICINE Pty Ltd.
  • Sonavi Labs
  • Steth IO

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.

Life Science Analytics Market Size Is Expected To Reach USD 14.1 Billion by 2028

 Life Science Analytics Market Growth & Trends

The global life science analytics market size is expected to reach USD 14.1 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.8% from 2021 to 2028. The growing need to improve patient outcomes and reduce healthcare costs is contributing to the growing demand for life science analytical solutions. The growing demand for personalized medicine and the rising impact of social media and the internet on shaping the healthcare industry are boosting growth. Furthermore, the growing adoption of analytical solutions and the emergence of advanced analytics for the life science industry is further driving the market during the forecast period.

The ongoing Covid-19 pandemic has burdened healthcare systems across the globe and is anticipated to drive the demand for analytics in the life science industry. Technological advancements during the pandemic have enabled healthcare systems to develop solutions to overcome physical limitations of capital and labor and open up new sources of value and growth. For instance, Moderna and IBM utilized artificial intelligence, cloud computing, and blockchain solutions to support Covid-19 vaccine management.

Based on component, the services segment accounted for the largest revenue share in 2020 owing to the increasing trend of outsourcing these services since healthcare and life science companies lack resources and capabilities to deploy analytical software and services. Additionally, the services segment is expected to exhibit the fastest growth during the forecast period owing to multi-package services offered by these outsourced companies.

In 2020, the descriptive type segment accounted for the largest revenue share owing to the growing demand for descriptive and quantifiable analysis using historic data. The growing need of understanding past behavior of consumers and serviceable audience to predict future market dynamics using data mining techniques are contributing to the growth of the descriptive type segment. On the other hand, the predictive type segment is anticipated to register the fastest-growing during the forecast period owing to the increasing adoption of advanced analytics to predict possible future outcomes and aids stakeholders in designing strategies and devise appropriate tactics to sustain and improve performance.

Based on the application, the sales and marketing support segment accounted for the largest revenue share in 2020 owing to the increasing adoption of big data analytics in the sales and marketing vertical of life science companies to attain higher consumer responsiveness and gain consumer insight to enhance sales productivity. On the other hand, the research and development segment is expected to exhibit the fastest growth during the forecast period owing to the growing pipeline of pharmaceutical and medical device companies. In addition, the segment is expected to experience an increase in demand for licensing products and technologies and would eventually contribute to the growth and development of the market.

In 2020, the on-premise delivery segment accounted for the highest revenue share owing to the ease of access from remote locations with minimized costs and maintenance. On the other hand, the on-demand delivery segment is anticipated to grow fast during the forecast period owing to the increasing adoption of cloud computing solutions. In addition, increased usage of the internet and web-based services and its enhanced accessibility from the most remote locations are contributing to segment growth.

Based on end-user, pharmaceutical companies accounted for the largest revenue share in 2020 owing to the rising adoption of analytical software solutions to enhance the efficiency of clinical trials and increase drug utilization. On the other hand, the biotechnology segment is anticipated to grow fast during the forecast period owing to the increasing adoption of analytics in genome analysis and sequencing to curb expenditure. In addition, the availability of personalized data analytic solutions is increasing the growth and development of the segment.

In 2020, North America dominated the market and accounted for the largest revenue share. This can be attributed to the rise in adoption of advanced analytics, growing geriatric population and increasing prevalence of non-communicable diseases, high economic development, and presence of well-equipped infrastructure and facilities. On the other hand, Asia Pacific is expected to be the fastest-growing region during the forecast period owing to infrastructure investments, regional expansion, economic development, and low-cost and highly skilled workforce is boosting the growth of the market in Asia Pacific.

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Life Science Analytics Market Report Highlights

  • The market is anticipated to witness significant growth over the forecast period owing to the increasing adoption of analytics and the emergence of advanced analytics in the life science industry
  • The services component segment dominated the market in 2020, owing to the growing trend of outsourcing these services
  • The descriptive type segment dominated the market in 2020, owing to the growing demand for descriptive and quantifiable analysis to understand business scenarios
  • The sales and marketing support application segment dominated the market in 2020, owing to the increasing adoption of analytical solutions to enhance sales productivity
  • The on-premise delivery mode segment dominated the market in 2020 owing to the easy accessibility of these solutions from remote locations
  • The pharmaceutical companies segment dominated the market in 2020 owing to the growing pipeline and need of enhancing clinical trial efficiency and rising demand for personalized medicine
  • North America dominated the market in 2020 owing to technological advancements in well-equipped facilities

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

Life Science Analytics Market Segmentation

Grand View Research has segmented the global life science analytics market on the basis of component, type, application, delivery, end user, and region.

Life Science Analytics Component Outlook (Revenue, USD Million, 2016 - 2028)

  • Software
  • Services

Life Science Analytics Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Reporting
  • Descriptive
  • Predictive
  • Prescriptive

Life Science Analytics Application Outlook (Revenue, USD Million, 2016 - 2028)

  • Research and Development
  • Sales and Marketing Support
  • Regulatory Compliance
  • Supply Chain Analytics
  • Pharmacovigilance

Life Science Analytics Delivery Outlook (Revenue, USD Million, 2016 - 2028)

  • On-demand
  • On-premise

Life Science Analytics End-user Outlook (Revenue, USD Million, 2016 - 2028)

  • Medical Device
  • Pharmaceutical
  • Biotechnology
  • Others

Life Science Analytics Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Life Science Analytics Market

  • Accenture
  • Cognizant
  • IBM
  • Oracle
  • SAS Institute, Inc.
  • Wipro Limited
  • IQVIA
  • Take Solutions Limited

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 Electric Vehicles Market to Reflect Steadfast Expansion During 2021-2028: Grand View Research Inc.

 North America Electric Vehicles Market Growth & Trends

The North America electric vehicles market size is expected to reach USD 147.60 billion by 2028, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 37.2% from 2021 to 2028. Favorable initiatives to promote the adoption of electric vehicles coupled with rising crude oil prices are anticipated to drive the demand for Electric Vehicles (EVs). Electric vehicles generate power using an electric motor instead of an internal combustion engine that burns a mix of fuels and gases for power generation. The increasing advantages of electric vehicles over conventional vehicles such as zero fuel emission, better performance, and lower total cost of ownership are expected to contribute to the growing demand for electric vehicles in the coming years.

The growing preference for electric vehicles is prompting leading automotive manufacturers to launch electric vehicles. For instance, General Motors, a U.S.-based automotive company, has announced its plan to launch electric vehicles for personal use in the next few years. By 2025, the company will launch 30 EVs worldwide, and around two-third will be available in North America. The market's lucrative nature is expected to encourage more conventional vehicle manufacturers to shift into the electric vehicle space.

The outbreak of the COVID-19 pandemic has changed the overall business scenario for 2020 as well as for the next few years to come. Several industries and industry verticals have witnessed a significant setback due to the pandemic, and the automobile industry is no exception to that. The slumped business scenario has negatively impacted the production and sales of electric vehicles across North America. The electric bus sales in North America in 2020 totaled around 500 units, which was significantly lesser units recorded in 2019, registering a year-on-year decline of over 10% primarily due to the pandemic. However, with increasing government initiatives to adopt electric vehicles, the market is likely to witness significant growth over the forecast period.

In 2020, the U.S. captured around 70% of the electric vehicle demand in North America and is estimated to register a CAGR exceeding 30% from 2021 to 2028. This share is attributed to the rising demand for electric vehicles in the U.S. Moreover, new initiatives are being taken up by charging network companies, automotive manufacturers, and policymakers, and they have launched a new non-profit organization named Veloz. The new organization aims at attracting marketing, innovation, investment, and driving the regional market growth.

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North America Electric Vehicles Market Report Highlights

  • In terms of product, the PHEV segment is estimated to register the highest CAGR of over 35% from 2021 to 2028 owing to the increasing demand for electric buses and trucks across the logistics and transportation industry
  • In terms of vehicle type, the PCLT segment emerged as the largest segment in 2020 and is anticipated to retain its dominance over the forecast period
  • Canada is projected to register the fastest CAGR exceeding 40% from 2021 to 2028 as the government in the country is focused on advancing the programs to support electric vehicle adoption

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

North America Electric Vehicles Market Segmentation

Grand View Research has segmented the North America electric vehicles market based on product, vehicle type, and region:

North America Electric Vehicles Product Outlook (Volume, Units; Revenue, USD Million, 2016 - 2028)

  • Battery Electric Vehicle (BEV)
  • Plug-In Hybrid Electric Vehicle (PHEV)

North America Electric Vehicles Type Outlook (Volume, Units; Revenue, USD Million, 2016 - 2028)

  • PCLT
    • Passenger Cars
    • Light Trucks
  • Commercial Vehicles

North America Electric Vehicles Regional Outlook (Volume, Units; Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
    • Canada

List of Key Players in the North America Electric Vehicles Market

  • BYD Company Ltd.
  • Daimler AG
  • Ford Motor Company
  • General Motors Company
  • Lucid
  • Mitsubishi Motors Corporation
  • Nissan Motor Company
  • Tesla
  • TOYOTA MOTOR CORPORATION
  • Volkswagen 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.

Monday, 21 June 2021

Dental Equipment Market Expected to Witness a Sustainable Growth over 2028: Grand View Research Inc.

 We all have seen those advertisements that show kids jumping into candies and chocolates, only to scream in pain as their tooth starts to give them trouble. What next? Changing your toothpaste? That’s what they show us; but what happens if the problem is too severe? Well, then straight to your 2:30 appointment at the dentist. And we all have been to the dentist’s office at some point of time. Our visits may range from a regular dental checkup, to having an aching tooth removed, having out teeth whitened, or getting braces fitted. Whatever it is, dentists go a long way in keeping our teeth in good shape, no pun intended.

Dental Facilities Solve our ‘Teething’ Problems

The data from CDC certainly backs up the whatever I mentioned above regarding the importance of dentists. For example, 13.2% children between the ages of 5-19 years had untreated dental caries between 2015-2018. Furthermore, in 2019, almost 65% of adults aged 18 years or above made a visit to the dentist, while this number was even higher at 86% for children between 2-17 years. The high demand for dentists has naturally created a lot of scope in the market for dental equipment, with a number of companies having the required knowledge and expertise to operate in this space. These equipment can be categorized under radiology equipment, lasers, systems and parts, laboratory machines, hygiene maintenance devices, and others. With dentists facing higher volume of visits in recent years, the efficiency, functioning and maintenance of equipment attains prime importance.

COVID-19: Shaping the Industry Future?

The COVID-19 pandemic has had a telling impact on the global market, with governments uniformly implementing lockdowns and social distancing norms for the general population. Dental procedures have been negatively impacted, being as they are classified as non-essential procedures. Furthermore, they have been considered as one of the riskier pathways in terms of being affected by the virus, which has created major challenges for the entire industry. As such, the dental equipment market is expected to witness delayed growth in the coming years. The near future is expected to be characterized by dental establishments trying to procure new and innovative procedures and equipment that can keep away the pandemic from the patients.

Some noticeable trends seen during the coronavirus pandemic, and what they would mean for the coming years, have been tabulated below:

AspectCOVID-19 ImpactPost-COVID Outlook
Physical VisitsThe COVID-19 pandemic had a negative impact on the dental equipment market, as government-induced lockdowns and classification of dental procedures as non-essential led to a sharp drop in physical visits by patients and clients.As governments across majority of the countries have relaxed lockdown norms due to fall in COVID-19 cases, dental clinics have slowly but surely resumed operations, which is expected to drive the industry towards positive growth in coming months.
Equipment SafetyThe Journal of Contemporary Dental Practice states that dental services may be among the last to relaunch in post-pandemic relaxations since procedures are at high risk of transmission.Even as dental procedures make a return, there is a high demand for more safer equipment and tools. It is expected that practitioners will introduce features such as decontamination processes and PPEs, which will positively impact the dental equipment industry.
How Are Dental Equipment Companies Coping?According to PSNet, dentists have been advised to utilize dental hand-piece with anti-retraction function, high evacuation suction and rubber dams, and four-handed dentistry, as a means to minimize droplet splatter and aerosol generation.The requirement of a number of equipment that can ensure safety for both the patient and dentist is expected to drive industry growth in the coming months. For example, A-dec has introduced a number of equipment to ensure proper sterilization at the dental facility. On similar lines, Planmeca has introduced the Planmeca Cleanic 500 air purification system specifically for dental clinics. Such equipment can be expected to become mainstay in the coming years.
What can we expect ahead?

Final Thoughts…

Notwithstanding the substantial impact of the pandemic on the dental equipment industry, it is expected that the market will bounce back in the near future, and the innovations and developments by the major market players will have a huge role to play in this regard. What’s more, in this age of digitization, it is expected that the combination of physical visits and teledentistry will keep the industry in sync with consumers. Furthermore, as medical tourism bounces back, and the geriatric population continues to expand in the coming years, we can expect the dental equipment industry to hopefully thrive in a positive environment.

Biosensors Market Latest Innovations, Drivers and Industry Key Events 2021 – 2028: Grand View Research Inc.

 Pandemic has led to a boost in demands for testing, and biosensor companies are competing with each other to develop chips that can detect the presence of the coronavirus RNA, antibodies, and antigens

COVID-19 as a Damocles sword hanging right above our heads all the time, no matter where we go, has become a nuisance. What would have happened if we had a testing technique where, we just needed to prick our finger or swab our nose, put the sample on a chip and in matter of minutes it showed us our health status, I just wonder!

To give you all good news, this is where we are heading right now and this is exactly how we remove that sword from over our heads.

Multiple biosensor companies have treated this pandemic as a blessing in disguise and directed all their resources towards inventing those sensors which can monitor patient’s recovery and above all, detect the presence of virus, antibodies and antigen at a quicker pace.

To go on further, let me just set some definitions straight.

What are Biosensors?

Biosensors, as all the other sensors, are analytical devices that are used to detect the presence of something. Biosensors detect the presence of a biological compound, also referred as biological analyte, a biological structure or a microorganism in a living being. It accomplishes this task by converting a biological response from organisms into quantifiable and processable signals.

Why so Important during pandemic?

This pandemic raged on due to the non-availability of vaccine and cure for it. And the only treatment was self-isolation, proper nutrition, rest and medicines for the symptoms. This made detecting the infection quickly a sine qua non for stopping the spread of virus. Therefore, testing quickly with good efficiency was the need of the hour. This makes biosensors extremely important, as they have the potential to detect the presence of virus, antibodies or antigen in a small amount of time with great efficiency.

Market Insights You were Waiting for!

Pandemic affected a lot many markets due to the restrictions placed on global movement of people and freights, and biosensors market was not left out of it. However, as the need for testing and monitoring methods shot up and the restrictions are now being lifted, everything is coming back to normal. In fact, there are lot many new opportunities that found its ways to the market as well. To give you an estimate of the growth market is eyeing, it is expected to grow at a CAGR 7.9% and reach USD 41.8 billion by 2028.

Table below summarizes the state of pandemic impact and post-pandemic outlook in an apt way.

                  Pandemic Impact             Post-Pandemic Outlook
Pandemic affected the production of the sensors, which led to the demand-supply gap. The situation was aggravated due to the logistical issues faced all over the world on account of the lockdown restrictions.With the lifting of lockdown restrictions in multiple countries and initiation of manufacturing processes, the demand-supply gap has been observed to be decreasing and market is steadily picking up pace as time passes.
COVID-19 has generated new market opportunities for the biosensors, as there is a high demand for innovative biosensors that can be used in monitoring the health status of the patients.Biosensors have proved to be a strong dependable rock, when it comes to the detection and monitoring diabetes. Similarly, they are also being looked at for effectiveness in COVID-19 testing and monitoring.
In May 2020, Philips launched the Biosensor BX100 to assist in the monitoring of COVID-19 patients across hospitals. This wireless, wearable biosensor device is specifically designed to detect early deterioration in the affected patients.Rogue Valley Microdevices is a wafer foundry that specializes in manufacturing microelectromechanical systems (MEMS) and sensors, and it is working with several startups scrambling to produce biosensors for coronavirus testing. Two of those companies—Cardea Bio and Hememics—are talking publicly about their work.  
COVID-19 Impact on Biosensors market – A Big Boon

In Conclusion

Yes, similar to every market that suffered due to production and manufacturing halt in addition to logistical issues, biosensors suffered too. However, pandemic also brought slew of opportunities for the market, which are being capitalized on by the major market players, eyeing that exponential growth in the coming years.

Cardiac Rhythm Management Devices Market is Projected to Boost USD 29.9 Billion by 2028: Grand View Research Inc.

 

The second wave of coronavirus turns out deadly all across the world in 2021 than the first in 2020. Although, the vaccination drives are being conducted throughout the world adhering to the guidelines by WHO, the transmission of virus variants is adding more challenge. The cases of cardiac arrests have been mounting up in the elder patients with a high mortality rate driven by sudden cardiac arrests is one of the major concern associated with COVID infection.

An estimated 3.5 lac sudden cardiac arrest cases occur in the U.S. The research led by Penn revealed that there was decreased in stability for survival of cardiac patients during the pandemic. Mainly, this occurred due to the lack of CPR and fear of viral transmission. However, for infected patients, doctors recommend hands-only CPR (under safe conditions) which is a safe and effective way to help them during cardiac arrests. Even though there is a low risk of transmission.

Considering the severity cardiac rhythm management devices can be looked upon as a saviour in life threatening situations.

Simply put, the job of cardiac rhythm management device is to restore normal rhythm/heart functioning in cardiac patients. Cardiac rhythm management devices perform many functions such as bradycardia pacing, defibrillation, pacing for tachyarrhythmias and so on. Any of these implanted device (under supervision of physician) enables the patients to lead normal and active lives. Future projections for developing a leadless yet customized design will be highly innovative. Thus, we can say that the focus will shift from transvenous lead to leadless design in the coming years.

COVID-19 ImpactPost-COVID Outlook
The COVID-19 impact has had a severe impact over cardiology, electrophysiology, and cardiac rhythm management device systems.The cardiac rhythm management devices market is likely to witness some upcoming trends. Medical companies are proactively providing essential supplies despite the existing challenges.
The quality care in patients is likely to get altered amid the line of procedure for COVID affected patients.Abbott Laboratories have partnered with support communities to fight against COVID. By collaborating with the communities, they aim to provide access to medicines, diagnostics, nutrition without any disruption
There was sudden spike in the  cardiovascular cases affected by coronavirus resulting in the growing need for HRCT, electrocardiogram, and other diagnostic tests.Home monitoring will gain traction as consumers are adopting SMART wearable gadgets following RPM (Remote Patient Monitoring) techniques for patients.
Briefing the impact COVID-19 has made on the cardiac rhythm management devices market

Summing up:

As we move forward in 2021 with vaccines against COVID-19, it is likely that we might witness a decline trend in fresh cases all across the world. Hopefully, this will reduce the burden on healthcare systems. On the other hand, patients in a post-COVID phase should still continue with health precautions as advised by their doctors and physicians. This is likely to encourage the use of pacemakers, defibrillators, and implantable devices to monitor heart health in the coming time as remote monitoring and homecare for cardiac patients will be a major norm.

Surgical Robots Market to Witness a Pronounce Growth During 2021 – 2028: Grand View Research Inc.

 COVID-19 has impacted every sector of the world’s economy including healthcare. Along with frontline workers, healthcare workers have also been majorly exposed to the maximum risk of the deadly virus. Due to the COVID-19, elective surgeries have been canceled by the majority of the hospitals to reduce the direct contact of surgeons with the patients. As a result, both patients and hospitals are bearing a heavy loss. And there comes the robotic surgery in rescue wherein there is no fear of social contacting with the patients by the doctors. In this article, we are focusing on FAQs on robotic surgery along with how this market has been affected by COVID-19.

Content

Section -I

  1. What is the history of robotic surgery?
  2. Is robotic surgery better than traditional surgery?
  3. What are the risks of robotic surgery?
  4. What is MAKOplasty?
  5. What is a CMR robot?

Section -II

What is the impact of COVID-19 on robotic surgery?

FREQUENTLY ASKED QUESTIONS

What is the history of robotic surgery?

The actual idea behind the robotic surgery was to conduct the surgery remotely without getting near to the patients. Here are the further details.

  • The first surgical robots were the Arthobot which were capable of positioning the patients during orthopedic surgery by using voice commands. They were made and used for the first time in Vancouver, BC, Canada in 1983.
  • After few years, on 11th April 1985, Unimation Puma 200, an industrial robot, was used by Long Beach Memorial Medical Center in California used to orient a needle for brain biopsy.
  • In 1996, the Automated Endoscopic System for Optimal Positioning (AESOP) introduced a complete robotic surgical system, named ZEUS, with 7 degrees of freedom, motion scaling, and tremor elimination. ZEUS attempted its first surgery (laparoscopic cholecystectomy) in France while the surgeons were located in New York. 
  • Another breakthrough was the Da Vinci robotic surgery/Da Vinci surgical system which was approved by the FDA in 2000. It was capable of doing minimally invasive surgery where the surgeons controlled the process from a console.
  • Today, there have been many other robots developed that can assist in surgery and are commercially available for various surgical procedures across different domains.

Is robotic surgery better than traditional surgery?

Robotic surgery has various advantages and that’s why it is better than traditional surgery. Have a look!

  • With less tissue damage while attempting robotic surgery, patients recover faster.
  • As incisions are very small, hence, patients feel less pain during the robotic surgery, and chances of getting infection after the surgery also reduce.
  • Doctors get access to real images of the operating area as a high-resolution camera is used during robotic surgery. This helps the doctor(s) in taking better decisions.
  • As there is very minimal loss of blood during robotic surgery, hence, blood transfusion also gets reduced.
  • With the help of robots, complex surgeries can be done which is difficult to do with traditional surgeries.
  • The patient’s staytime in the hospital also gets reduced in the case of robotic surgery.
  • Last but not the least, the precision achieved during robotic surgery is very high compared to traditional surgery.

What are the risks of robotic surgery?

Robotic surgery is safe, but not 100%. Having said that, the percentage of risk involved in robotic surgery is very low compared to traditional surgery.

  • There are minimal chances of getting a small infection after the surgery.
  • Alike traditional surgery, there are chances that after the robotic surgery, bleeding can happen which can result in breathing problems as well.

What is MAKOplasty?

Makoplasty is a partial knee resurfacing procedure done with the help of a robotic arm. The robotic arm helps the patients by relieving them from pain caused by joint degeneration due to osteoarthritis. During Makoplasty, the surgeon focus on resurfacing the knee by selectively targeting the part of the knee damaged by osteoarthritis. It is beneficial as during the whole process the healthy bone and ligaments remain untouched.

What is a CMR robot?

CMR Surgical is a company based in Impington which produces a robotic surgery system known as Versius. The company got established in 2014. The Versius is famous because it is the first-ever robot that performs Minimal Access Surgery (MAS/laparoscopic/keyhole surgery). MAS is basically the abdominal operation done with small incisions of 1 cm – 1.5 cm in length. It brings lots of advantages such as reduced stay in the hospital, reduced rate of infection and scarring, reduced after-surgery pain, and increased recovery speed.

 

IMPACT OF COVID-19 ON ROBOTIC SURGERY

The following table will give you a gist of how robotic surgery has been impacted with the COVID-19. Have a look!

S. No.Basis of ComparisionPre-COVIDImpact of COVID
 1.DemandPre-COVID the robotic surgery was less opted by the patients compared to post-covid.To follow the social distancing, robotic surgery has come as a boon. Hospitals are seeing an increased demand for robotic surgery due to the various benefits it offers.
 2.TelemedicinePre-COVID, assistance through telemedicine was negligible.Post-COVID, telemedicine has proved to be beneficial as the non-emergent operations were put on hold to curb the spread of COVID-19. With the help of telemedicine, non-emergency patients are being evaluated, assessed, and counseled remotely. Also, when the non-emergent surgeries will start, these patients would have already done with their pre-operative requirements.
 3.Market SizeSurgical robots market was growing.Surgical robots market declined by 7.7% from 2019 to 2020 majorly because of the closure of elective surgeries.
Rise of robotic surgery during COVID-19

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