Nutritional Supplements Market Top Players ,Analysis And Forecast Till 2028: Grand View Research Inc.

 Nutritional Supplements Market Growth & Trends

The global nutritional supplements market size is expected to reach USD 505.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.2% from 2021 to 2028. Growing awareness on health and wellbeing along with the growing prevalence of lifestyle diseases such as obesity and diabetes is driving the market. According to the Centers for Disease Control and Prevention, obesity prevalence was 30.5% in 1999 - 2000 which increased to 42.4% in 2017 - 2018. Consumers are actively treating chronic conditions at home with food and beverages. These chronic conditions are not only limited to lifestyle diseases such as diabetes and obesity but also include blood pressure, anxiety, depression, stress, and joint pain.

There is a rise in the consumption of immunity-boosting supplements among consumers due to the spread of COVID-19. This, in turn, is estimated to drive the market over the forecast period. Moreover, supporting government initiatives to promote a healthy lifestyle and nutrition is estimated to drive the market. For instance, in November 2020, the U.K. government announced its plans to roll out free Vitamin D supplements to the elderly and population who are deemed extremely vulnerable to COVID-19. Many studies suggest that vitamin D could have a positive impact on COVID-19 patients. Furthermore, in April 2017, the Government of Scotland distributed free vitamin supplements to pregnant women in Scotland.

The growing number of product launches, partnerships, and mergers and acquisitions is boosting the adoption of nutritional supplements. For instance, in February 2019, Tilray, Inc. a Canadian pharmaceutical and cannabis company, acquired Manitoba Harvest, a hemp food manufacturer. In October 2020, Health XP launched Shield Whey, a whey protein powder with immunity-boosting vitamins such as vitamin C, vitamin K, and vitamin E. In March 2020, PepsiCo announced the agreement to acquire Rockstar Energy Beverages for USD 3.9 billion.

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Nutritional Supplements Market Report Highlights

• The functional foodssegment dominated the market and accounted for the largest revenue share of 60.0% in 2020
• The adults segment accounted for the largest revenue share in 2020, whereas the children segment is projected to witness the fastest CAGR during the forecast period
• The powder segment accounted for the largest revenue share in 2020, whereas the capsules segment is projected to witness the fastest CAGR during the forecast period
• Asia Pacific accounted for the largest revenue share in 2020 due to increasing awareness on health and wellness, growing disposable income, and availability of a large number of nutritional supplements in the region

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Nutritional Supplements Market Segmentation

Grand View Research has segmented the global nutritional supplements market on the basis of product, consumer group, formulation, sales channel, and region:

Nutritional Supplements Product Outlook (Revenue, USD Million, 2016 - 2028)

• Sports Nutrition
  • Sports Food
    • Protein Bars
    • Energy Bars
    • Protein Gels
  • Sports Supplements
    • Isotonic
    • Hypotonic
    • Hypertonic
  • Sports Drinks
    • Probiotics
    • Omega -3
    • Carbohydrates
  • Sports Supplements
    • Probiotics
    • Omega -3
    • Carbohydrates
      • Maltodextrin
      • Dextrose
      • Waxy Maize
      • Karbolyn
    • Protein
      • Egg Protein
      • Soy Protein
      • Pea Protein
      • Lentil Protein
      • Hemp Protein
      • Casein
      • Quinoa Protein
      • Whey Protein
        • Whey Protein Isolate
        • Whey Protein Concentrate
      • Vitamin
      • Minerals
        • Calcium
        • Potassium
        • Magnesium
        • Iron
        • Zinc
      • Amino Acids
        • BCAA
        • Arginine
        • Aspartate
        • Glutamine
        • Beta Alanine
        • Creatine
        • L-carnitine
      • Fat Burner
        • Green Tea
        • Fiber
        • Protein
        • Green Coffee
        • Others (Turmeric, Ginseng, cranberry, Garcinia cambogia)
      • Dietary Supplements
        • Vitamins
          • Multivitamin
          • Vitamin A
          • Vitamin B
          • Vitamin C
          • Vitamin D
          • Vitamin E
        • Minerals
        • Enzymes
        • Amino Acids
        • Conjugated Linoleic Acids
        • Others
      • Functional Foods
        • Probiotics
        • Omega -3
        • Others

Nutritional Supplements Consumer Group Outlook (Revenue, USD Million, 2016 - 2028)

• Infants
• Children
• Adults
• Pregnant
• Geriatric

Nutritional Supplements Formulation Outlook (Revenue, USD Million, 2016 - 2028)

• Tablets
• Capsules
• Powder
• Softgels
• Liquid
• Others

Nutritional Supplements Sales Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Brick & Mortar
  • Direct Selling
  • Chemist/Pharmacies
  • Health Food Shops
  • Hyper Markets
  • Super Markets
• E-commerce

Nutritional Supplements Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Nutritional Supplements Market

• Amway
• Abbott Nutrition
• Nestle
• Herbalife International of America, Inc.
• Glanbia plc

About Grand View Research

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

Digital Patient Monitoring Devices Market Witness Excellent Revenue Growth During 2021-2028: Grand View Research Inc

 Digital Patient Monitoring Devices Market Growth & Trends

The global digital patient monitoring devices market size is expected to reach USD 444.6 billion by 2028, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 23.5% from 2021 to 2028. The growth of the market is driven by the rapid adoption of Remote Patient Monitoring (RPM) solutions, technological advancements such as artificial intelligence and Internet-of-things (IoT), and new product launches. Furthermore, rising per capita income and growing awareness among patients are anticipated to positively impact the market.

Furthermore, the growing number of startup businesses and increasing funding for them is expected to bode well with the market. Active government measures for expanding the coverage for RPM, mHealth, and telehealth have accelerated the shift towards digital health. As a result, a plethora of startup companies have started to utilize this opportunity. For example, in August 2020, Optimize Systems Inc. raised USD 15.6 million to expand its RPM platform. This is likely to favor the growth of the market.

The COVID- pandemic has significantly increased the demand for remote monitoring and patient engagement solutions such as multiparameter, temperature, respiratory, cardiac, insulin, pressure/hemodynamic, and neonatal/fetal monitoring devices. This equipment plays a significant role in helping combat the COVID-19 infection. The manufacturers are focusing on expanding their production to meet the growing demand. Furthermore, the use of mobile-based solutions can help in reducing the patient volume in hospitals and controlling the spread of infection. Thus, the increasing adoption of mHealth apps in the current scenario is expected to positively impact the market.

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Digital Patient Monitoring Devices Market Report Highlights

• The wearable devices segment dominated the market in terms of revenue share in 2020. Growing demand for home-based medical care, increasing penetration of IoT-based medical equipment, and growing expenditure on healthcare across are propelling the growth of the segment
• The diagnostic monitoring devices segment held the maximum portion of the market in 2020 owing to the rising prevalence of diabetes and drastic increase in demand for pulse oximeter as a result of COVID-19
• North America dominated the market in 2020. The rapid adoption of RPM in hospitals and clinics, strong government support, and new product launches are attributable to the prominent share of the region
• The APAC region is anticipated to witness lucrative growth during the forecast period owing to the rising geriatric population and increasing smartphone penetration
• In February 2021, Philips acquired BioTelemetry, Inc.-a remote cardiac diagnostics solution provider to strengthen its position in the industry

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Digital Patient Monitoring Devices Market Segmentation

Grand View Research has segmented the global digital patient monitoring devices market on the basis of type, product, and region:

Digital Patient Monitoring Devices Type Outlook (Revenue, USD Million, 2016 - 2028)

• Wireless Sensor Technology
• mHealth
• Telehealth
• Wearable Devices
• Remote Patient Monitoring
  • Hospital Inpatient
  • Ambulatory Patient
  • Smart Home healthcare

Digital Patient Monitoring Devices Product Outlook (Revenue, USD Million, 2016 - 2028)

• Diagnostic Monitoring Devices
  • Vital Sign Monitors
  • Sleep Monitors
  • Fetal Monitors
  • Neuromonitors
  • Other Monitors
• Therapeutic Monitoring Devices
  • Insulin Monitors
  • Respiratory Monitors
  • Other Monitors

Digital Patient Monitoring Devices Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Digital Patient Monitoring Devices Market

• GE Healthcare
• AT&T
• ATHENAHEALTH, INC.
• Abbott
• Koninklijke Philips N.V. AB
• Hill-Rom Services Inc.
• Medtronic
• Omron Healthcare, Inc.
• FitBit, Inc.
• Garmin Ltd.
• VitalConnect
• ResMed
• Siren

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.

Leather Goods Market to Incur Meteoric Growth During 2021 to 2028: Grand View Research Inc.

 Leather Goods Market Growth & Trends

The global leather goods market size is anticipated to reach USD 624.08 billion by 2028, registering a CAGR of 5.9% over the forecast period, according to a new report by Grand View Research, Inc. Rising fashion consciousness among consumers has been a key factor boosting the product demand and this has driven various brands to expand their product portfolio. Apart from leading labels and brands, smaller manufacturers have also been gaining importance in the market. Various startups have come up with customized leather products to meet the changing demands of consumers.

For instance, 1 Atelier, a U.S.-based start-up formed in 2015, allows customers to customize the color and hardware of their leather handbags. Strong brand recognition, along with an increasing number of companies entering the market, is driving the sales of leather goods in the market. E-commerce retail channels play a significant role in the distribution of leather goods as a considerable amount of the market revenue is generated through these channels. Online sales channels make it easy for consumers to browse through millions of products at one place without having to physically visit retail stores. Millennials have been one of the prominent consumer segments driving the growth of online distribution channels.

According to the Global Online Survey data, the propensity of millennials to purchase leather goods through online platforms was almost twice that of Generation-X in 2018. The increasing working population and the rising disposable income also drive market growth. Several companies enforce a corporate dress code, which supports the demand for leather shoes. The rising awareness regarding sustainable products offers a huge growth opportunity to the products made from cruelty-free sources. Many celebrities have been opting for vegan fashion products, which influences consumers to conscientiously choose cruelty-free apparel.

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Leather Goods Market Report Highlights

• Home décor and furnishing is projected to be the fastest-growing segment over the forecast period
• The footwear segment was valued at USD 188.10 billion in 2020 and is expected to reach USD 295.09 billion by 2028
• Consumers prefer good-quality leather shoes and are willing to pay a higher price for the same to help improve their overall appearance
• Various brands, such as Nike, Puma, and Adidas, have collaborated with celebrities to come up with new products that are priced higher than other products offered by the brand
• For instance, Stella McCartney and Kanye West have collaborated with Adidas. These trends are expected to impact the market for footwear over the forecast period.
• Asia Pacific is projected to remain at the forefront, in terms of CAGR, over the forecast period

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Leather Goods Market Segmentation

Grand View Research has segmented the global leather goods market on the basis of product, type, and region:

Leather Goods Product Outlook (Revenue, USD Billion, 2016 - 2028)

• Handbag
• Small Leather Goods &Accessories
• Apparel
• Footwear
• Home Décor & Furnishing
• Pet Accessories
• Automotive Accessories

Leather Goods Type Outlook (Revenue, USD Billion, 2016 - 2028)

• Genuine
• Synthetic
• Vegan

Leather Goods Regional Outlook (Revenue, USD Billion, 2016 - 2028)

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

List of Key Players of Leather Goods Market

• Adidas AG
• Nike, Inc.
• Puma SE
• Fila, Inc.
• New Balance Athletics, Inc.
• Knoll, Inc.
• Samsonite International S.A.
• VIP Industries Ltd.
• Timberland LLC
• Johnston & Murphy
• Woodland Worldwide
• Hermès International S.A.
• Louis Vuitton Malletier
• VF Corp.
• COLLAR Company
• LUCRIN Geneva
• Nappa Dori
• Saddles India Pvt. Ltd.
• Lear Corp.

About Grand View Research

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

Automated Guided Vehicles Market is Expected To Register a CAGR of 13.0% from 2021 to 2028| Top Industry Leaders Daifuku Co., Ltd.

 

Automated Guided Vehicle Market Growth & Trends

The global automated guided vehicle market size is expected to reach USD 9.32 billion by 2028, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 13.0% from 2021 to 2028. AGVs have transformed the way materials can be moved within the manufacturing and distribution facilities. In a production environment where several operations are carried out simultaneously, the Automated Guided Vehicles (AGVs)ensure a predictable and reliable transfer of raw materials as well as manufactured products from one point to another point within the facility, thereby eliminating any potential disruption in production. These vehicles can operate safely around structures, machinery, and employees, as they are equipped with accessories, such as camera vision and LiDAR sensors, among others, which help in detecting junctions, identifying floor signs, and avoiding collisions with any obstacle.

Several manufacturing plants and warehouses are deploying material handling equipment for various activities, such as locating stock, picking orders, and moving products and raw materials. Transportation and logistics firms are mainly focusing on the deployment of such equipment to boost the efficiency of their operations in line with the growing demand for their services. For instance, in September 2019, a U.S.-based robotic solutions provider AHS, LLC partnered with Exotec, which is a France-based mobile robot picking system provider. The former company introduced 3D mobile robots that can move in three dimensions and enable warehouse team members to focus on packing and shipping and neglecting the long-distance walks to access inventories. Also, material handling solutions are used to increase the efficiency of transportation, decrease physical damage to the material, and reduce overheads by limiting the number of employees.

The AGV market is witnessing a progressive switch from lead-acid batteries to lithium-ion batteries. Lithium-ion batteries offer several advantages over lead-acid batteries. They tend to be lighter and compact. They can charge faster, provide longer runtimes, and support more charge cycles. Hence, they are ideal for AGVs, as they are not required to be charged frequently during operating shifts or in 24x7 operating environments, and AGVs running on lithium-ion batteries can offer higher round-trip efficiencies.

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Automated Guided Vehicle Market Report Highlights

• The adoption of material handling equipmentand automation solutions is growing significantly across several industries
• The growing adoption of AGVs by the automotive industry as well as the automotive supply industry to move intermediate products within the facility is expected to drive the growth of the AGV market
• The manufacturing industry is increasingly adopting AGVs to save on labor costs. While AGV can operate on a 24x7 basis, the costs associated with the procurement and maintenance of AGV tend to be lesser than the costs incurred on salaries and employee benefits
• The logistics and warehousing segment happen to be the largest application of automated guided vehicles. The segment generated the highest revenue in 2020and is expected to retain its dominance over the forecast period
• Europe dominated the global market in 2020. However, the Asia Pacific region is projected to expand at the highest CAGR from 2021 to 2028

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Automated Guided Vehicle Market Segmentation

Grand View Research has segmented the global automated guided vehicle market based on vehicle type, navigation technology, application, end use industry, component, battery type, and region:

Automated Guided Vehicle Type Outlook (Revenue, USD Million, 2017 - 2028)

• Tow Vehicle
• Unit Load Carrier
• Pallet Truck
• Forklift Truck
• Hybrid Vehicles
• Others

Automated Guided Vehicle Navigation Technology Outlook (Revenue, USD Million, 2017 - 2028)

• Laser Guidance
• Magnetic Guidance
• Vision Guidance
• Inductive Guidance
• Natural Navigation
• Others

Automated Guided Vehicle Application Outlook (Revenue, USD Million, 2017 - 2028)

• Logistics and Warehousing
  • Transportation
  • Cold Storage
  • Wholesale & Distribution
  • Cross-docking
• Assembly
• Packaging
• Trailer Loading and Unloading
• Raw Material Handling
• Others

Automated Guided Vehicle End-use Industry Outlook (Revenue, USD Million, 2017 - 2028)

• Manufacturing Sector
  • Automotive
  • Aerospace
  • Electronics
  • Chemical
  • Pharmaceuticals
  • Plastics
  • Defense
  • FMCG
  • Tissue
  • Others
• Wholesale and Distribution Sector
  • E-commerce
  • Retail Chains/Conveyance Stores
  • Grocery Stores
  • Hotels and Restaurants

Automated Guided Vehicle Component Outlook (Revenue, USD Million, 2017 - 2028)

• Hardware
• Software
• Service

Automated Guided Vehicle Battery Type Outlook (Revenue, USD Million, 2017 - 2028)

• Lead Battery 
• Lithium-ion Battery
• Nickel-based Battery 
• Others

Automated Guided Vehicle Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Automated Guided Vehicle Market

• Swisslog Holding AG
• Bastian Solutions, Inc.
• Daifuku Co., Ltd.
• Dematic
• JBT
• Seegrid Corporation
• TOYOTA INDUSTRIES CORPORATION
• Hyster-Yale Materials Handling, Inc.
• BALYO
• E&K Automation GmbH
• Kollmorgen
• KMH Fleet Solutions
• ELETTRIC80 S.P.A.
• Fetch Robotics, Inc.
• inVia Robotics, Inc.
• Locus Robotics
• Schaefer Systems International, Inc.
• System Logistics Spa
• Scott

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.

Mesotherapy Market Latest Trends, Industry Growth And Forecast To 2028: Grand View Research Inc.

 Mesotherapy Market Growth & Trends

The global mesotherapy market size is expected to reach USD 1.0 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 14.4% from 2021 to 2028. The rise in the adoption of cosmetic procedures, increasing awareness about personal appearance among the middle-aged population, and the growth in the number of cosmetic clinics offering mesotherapy are expected to drive the growth of the market. Furthermore, the non-invasive nature of the procedure and comparatively reasonable costs are the significant factors boosting the market.

The effective cost, rising medical tourism, and the growing awareness of mesotherapy worldwide have further resulted in the rise in the number of professionals and clinics in many countries. The increase in the number of institutes offering courses related to therapy and the efforts of the International Society of Mesotherapy to ensure the right training for its members has led further to effective results and improve the demand in the market in recent years. Furthermore, the manufacturing units are trying to increase awareness and promote the right guidance and training related to the therapy to ensure effective procedures and results.

The rising consumer disposable incomes along with the rise in concern pertaining to aesthetic appearance support the rise in consumer footfall. In addition, the growing aging concerns, varying climatic conditions, lifestyle changes, and stress are contributing to the growing demand for mesotherapy. Moreover, the wide distribution network of the manufacturing companies has enabled the availability of the products in many countries worldwide. Moreover, the growing media and internet penetration further boost the awareness, knowledge, and quick accessibility of products. For instance, the suppliers such as Direct Derma Supplies, Mesotreat, Fillerworld, and Skin Heal facilitate online selling and delivery of products worldwide.

The ongoing Covid-19 pandemic has severely impacted the market. The travel restrictions and lockdown have impacted consumer footfall for procedures drastically. In addition, the challenges in the availability of products due to export and import restrictions are likely to further impact the overall market growth.

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Mesotherapy Market Report Highlights

• The mesotherapy solutions segment dominated the market in terms of revenue share in 2020 as it is the core ingredient required in the majority of the therapy procedures for skin, hair, and body
• On the other hand, the mesotherapy devices segment is expected to witness the fastest growth rate over the forecast period as they are deployed in the majority of the procedures to facilitate the penetration of products related to the therapy. The technological advancements in the devices are leading to efficient and quick procedures further propelling the adoption of the therapy
• In 2020, the anti-aging segment held a majority of the revenue share owing to the rise in the middle-aged population, the rising disposable income, and the low-cost procedure
• Facial rejuvenation is expected to be the fastest-growing segment over the forecast period considering the rise in awareness and adoption. In addition, rising concerns regarding the aesthetic appearance and the growing media and internet penetration are fueling market growth and awareness for anti-aging procedures and products
• The dermatology and cosmetic clinics segment dominated the market in terms of revenue share in 2020 owing to the rise in the number of professionals and clinics. The low-cost expense, and quicker and outpatient procedures, and availability of the products have led to higher adoption of solo-practice in mesotherapy
• In 2020, Europe held the highest market share owing to the rise in local manufacturers, the growing middle-age population, and the increasing concern regarding aesthetic appearance in the region
• In Asia Pacific, the market is expected to witness the fastest growth rate over the forecast period owing to the rising awareness, low-cost procedure, growing middle-aged population, rising disposable income, and availability of products

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Mesotherapy Market Segmentation

Grand View Research has segmented the global mesotherapy market based on type, application, end-use, and region:

Mesotherapy Type Outlook (Revenue, USD Million, 2016 - 2028)

• Mesotherapy Solutions
• Mesotherapy Masks
• Mesotherapy Creams
• Mesotherapy Devices
• Others

Mesotherapy Application Outlook (Revenue, USD Million, 2016 - 2028)

• Anti-aging
• Facial Rejuvenation
• Stretch Marks
• Acne & Scar Treatment
• Fat Loss
• Hair Loss
• Others

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

• Hospitals
• Dermatology & Cosmetic Clinics
• Others

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

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

List of Key Players of Mesotherapy Market

• Mesoskinline
• Koru Pharmaceuticals
• Fusion Meso
• Toskani Cosmetics
• Perse Belle
• Dermo Aroma
• Pluryal
• Messoessence

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. Wound Care Centers Market Expected to Witness a Sustainable Growth over 2028: Grand View Research Inc.

 U.S. Wound Care Centers Market Growth & Trends

The U.S. wound care centers market size is expected to reach USD 18.1 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.3% from 2021 to 2028. The increasing awareness regarding the use of Hyperbaric Oxygen Therapy (HBOT), for chronic injuries and the growing geriatric population prone to various conditions, is anticipated to drive the market. According to a report by the U.S. Census Bureau, in June 2020, the geriatric population grew by around 34.2% over the last decade.

The growing incidences of conditions such as foot ulcers, pressure sores, sun radiation sores, caused by diabetes, and disease caused by abnormal blood circulation are expected to fuel the market in the future. The rising prevalence of diabetes is also expected to fuel the market over the next few years. According to the American Diabetes Association, approximately 34.2 million of the population had diabetes in 2018, out of which 14.3 million adults above the age of 65 years suffered from the disease. Patients with diabetes develop slow-healing wounds, that allow injuries to rot easily thus causing various complications such as infection near the tissue or bone.

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U.S. Wound Care Centers Market Report Highlights

• The Hyperbaric Oxygen Therapy (HBOT) segment dominated the market in 2020 due to its high success rate and growing demand for treating chronic injuries such as diabetic foot ulcers and arterial ulcers
• As per an article in the American Journal of Managed Care (AMJC), approximately 230 amputations due to diabetes are reported in the U.S., every year
• The HBOT procedures are expected to witness one of the fastest growth rates during the forecast period due to the increasing awareness about their benefits in injury healing. For instance, in March 2019, Jefferson Wound Care Center included HBOT in its service portfolio to provide better treatment to patients with non-healing injuries
• The availability of reimbursement and regulatory updates promotes the adoption of wound care treatment. For instance, the CMS included reimbursement for HBOT for treating diabetic injuries in the lower extremities of patients
• To facilitate wound careduring the COVID-19 pandemic, many injury care providers launched several programs in order to treat the patients remotely. For instance, Healogics, Inc., launched its Telehealth Program, to more than 600 injury care centers and 4,000 associated injury care providers
• The market for wound care centersin the U.S. is highly competitive in nature

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U.S. Wound Care Centers Market Segmentation

Grand View Research has segmented the U.S. wound care centers market on the basis of procedure:

U.S. Wound Care Centers Procedure Outlook (Revenue, USD Million, 2016 - 2028)

• Debridement
• Negative pressure wound therapy
• Compression therapy
• Hyperbaric oxygen therapy
• Specialized dressings
• Infection control and Others

List of Key Players of the U.S. Wound Care Centers Market

• Baptist Health South Florida
• TOWER WOUND CARE CENTER
• SNF Wound Care
• Wound Care Center NYC
• WOUND INSTITUTE OF AMERICA
• EmergeOrtho
• North Shore Health and Hyperbarics
• Natchitoches Regional Medical Center
• Schoolcraft Memorial Hospital
• Clarion Hospital
• Healogics, 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.

Patient Monitoring Devices Market Poised to Expand at a Robust Pace Over 2028: Grand View Research Inc.

 Patient Monitoring Devices Market Growth & Trends

The global patient monitoring devices market size is expected to reach USD 73.5 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.8% from 2021 to 2028. The growth is attributed to technological advancement in patient monitoring devices as well as the increasing number of hospital admissions globally.

The COVID-19 has increased the demand for monitoring devices at home and reduced frequent visits to hospitals. The situation has also changed consumer behavior, purchasing, and demand pattern. The COVID-19 pandemic has brought into sharp focus the need to harness and leverage digital infrastructure for remote patient monitoring. Besides, the combination of remote patient monitoring and telehealth is likely to improve the delivery of at-home healthcare.

Supporting initiatives by the private and public sectors to help COVID-19 patients globally is also driving the market. For instance, the World Health Organization in February 2021, has distributed 30,000 oxygen concentrations globally. Also, Invacare Corporation witnessed 72.2% sales of respiratory products in the fourth quarter of 2020.

Besides, there has been an increase in the prevalence of chronic diseases such as cancer, diabetes, and hypertension across the globe. According to the Centers for Disease Control and Prevention (CDC), over 100.0 million people have hypertension in the U.S. this further increased risk of heart disease. A growing number of such disorders globally is increasing the demand for patient monitoring devices.

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Patient Monitoring Devices Market Report Highlights

• The cardiac monitoring devices segment accounted for the largest revenue share of 19.5% in 2020 owing to the high demand for wearable cardiac monitoring devices. The system records patient’s physiological data via wearable sensors, for instance, measuring the oxygen level and pulse rate
• The blood glucose monitoring devicessegment is expected to show lucrative growth during the forecast period owing to the growing number of diabetic patients who require monitoring devices to keep track of their health
• The hospitals segment accounted for the largest revenue share of 51.3% in 2020 due to the high demand for various monitoring devices to monitor patients at hospitals
• North America dominated the market and accounted for the largest revenue share 42.7% in 2020 owing to the presence of dominant market players, well-established reimbursement policies, high healthcare expenditure, and high adoption rate of advanced medical technologies

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

Patient Monitoring Devices Market Segmentation

Grand View Research has segmented the global patient monitoring devices market on the basis of product, end-use, and region:

Patient Monitoring Devices Product Outlook (Revenue, USD Billion, 2016 - 2028)

• Blood Glucose Monitoring Systems
  • Self-monitoring Blood Glucose Systems
  • Continuous Glucose Monitoring Systems
• Cardiac Monitoring Devices
  • ECG Devices
  • Implantable Loop Recorders
  • Event Monitors
  • Mobile Cardiac Telemetry Monitors
  • Smart/Wearable ECG Monitors
• Multi-parameter Monitoring Devices
  • Low-acuity Monitoring Devices
  • Mid-acuity Monitoring Devices
  • High-acuity Monitoring Devices
• Respiratory Monitoring Devices
  • Pulse Oximeters
  • Spirometers
  • Capnographs
  • Peak Flow Meters
• Temperature Monitoring Devices
  • Handheld Temperature Monitoring Devices
  • Table-top Temperature Monitoring Devices
  • Wearable Continuous Monitoring Devices
  • Invasive Temperature Monitoring Devices
  • Smart Temperature Monitoring Devices
• Hemodynamic/Pressure Monitoring Devices
  • Hemodynamic Monitors
  • Blood Pressure Monitors
  • Disposables
• Fetal & Neonatal Monitoring Devices
  • Fetal Monitoring Devices
  • Neonatal Monitoring Devices
• Neuromonitoring Devices
  • Electroencephalograph Machines
  • Electromyography Machines
  • Cerebral Oximeters
  • Intracranial Pressure Monitors
  • Magnetoencephalograph Machines
  • Transcranial Doppler Machines
• Weight Monitoring Devices
  • Digital
  • Analog
• Other Patient Monitoring Devices

Patient Monitoring Devices End-use Outlook (Revenue, USD Billion, 2016 - 2028)

• Hospitals
• Ambulatory Surgery Centers
• Home Care Settings
• Others

Patient Monitoring Devices Regional Outlook (Revenue, USD Billion, 2016 - 2028)

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

List of Key Players of Patient Monitoring Devices Market

• Honeywell
• American Telecare
• Roche
• Philips Healthcare
• Bosch
• Biotronik
• Intel
• Welch Allyn
• Health anywhere Inc.
• Johnson & Johnson
• Covidien Plc.

About Grand View Research

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

U.S. Tissue Diagnostics Market Set to Witness an Uptick during 2021 to 2028: Grand View Research Inc.

 U.S. Tissue Diagnostics Market Growth & Trends

The U.S. tissue diagnostics market size is estimated to reach USD 2.81 billion by 2028, registering a CAGR of 3.91% over the forecast period, according to a new report by Grand View Research, Inc. Pivotal factors supplementing the market growth include continuous rise in the cases of cancer, growth in organ transplantation & donation, and increased acceptance toward personalized medicine & companion diagnostics in the U.S. Increase in the number of research activities targeted toward the development of novel tissue diagnostics solutions is also expected to drive the market.

The field of anatomic pathology has witnessed a paradigm shift, which can be attributed to the exponential growth in cancer incidence in the U.S., thereby expanding the clinical pathology industry. Also, steady convergence of molecular pathology with anatomic pathology, steep adoption of novel biopsies for cancer detection, and integration of digital technologies is expected to collaboratively make a positive impact on market growth.

Tissue analysis provides significant information, which is difficult to understand using conventional molecular techniques. Currently, companion diagnostic tests are rapidly being adopted by pharmaceutical companies for obtaining first-line therapy designations/approvals for their products. In addition, their use in the identification of patient cohorts, which are likely to benefit from targeted therapeutics, has increased the significance of tissue diagnostics in the development of precision medicine.

In addition, the field of tissue diagnostics has witnessed gradual evolution with the introduction of upgraded technologies, including Fluorescence In Situ Hybridization (FISH), Immunohistochemistry (IHC), Immunofluorescence (IF), comparative genomic hybridization, and Next-Generation Sequencing (NGS). Key players are focused on identifying novel biomarkers and developing assays for advanced cancer diagnosis. Furthermore, companies are conducting biomarker pathologist training programs to boost the adoption rate of modern pathological solutions.

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U.S. Tissue Diagnostics Market Report Highlights

• The IHC segment held the highest revenue share of over 28% in 2020. The segment’s dominance is attributed to the wide acceptance of IHC across clinical laboratories for different workflows
• These workflows include tissue examination targeted toward disease prognosis and anticipating therapeutic response among patients with cancer
• The digital pathology segment is anticipated to register the fastest CAGR during the forecast period mainly due to heavy investments in infrastructure as well as an onsite server for image digitization
• In addition, the lack of skilled pathologists has propelled the demand for automated systems in disease diagnosis, thereby boosting the segment growth
• An increase in the prevalence of breast cancer along with the launch of novel products dedicated to breast cancer detection have led to the dominance of this application segment
• Moreover, the advent of genomic technologies aimed at gaining a better understanding of the genetic markup of a tumor is further offering lucrative growth opportunities to companies
• The market players are investing significantly in novel product development and acquisition of small players to increase their revenue share

Access Press Release@ https://www.grandviewresearch.com/press-release/us-tissue-diagnostics-market-analysis

U.S. Tissue Diagnostics Market Segmentation

Grand View Research has segmented the U.S. tissue diagnostics market on the basis of technology & product and application:

U.S. Tissue Diagnostics Technology & Product Outlook (Revenue, USD Million, 2017 - 2028)

• Immunohistochemistry
  • Instruments
    • Slide Staining Systems
    • Tissue Microarrays
    • Tissue Processing Systems
    • Slide Scanners
    • Other Products
  • Consumables
    • Reagents
    • Antibodies
    • Kits
  • In situ Hybridization
    • Instruments
    • Consumables
    • Software
  • Primary & Special Staining
    • H&E Staining
    • Special Staining
  • Digital Pathology &Workflow
    • Whole Slide Imaging
    • Image Analysis Informatics
    • Information Management System Storage & Communication
  • Anatomic Pathology
    • Instruments
      • Microtomes & Cryostat Microtomes
      • Tissue Processors
      • Automatic Strainers
      • Other Products
    • Consumables
      • Reagents & Antibodies
      • Probes & Kits
      • Others

U.S. Tissue Diagnostics Application Outlook (Revenue, USD Million, 2017 - 2028)

• Breast Cancer
• Non-Small Cell Lung Cancer (NSCLC)
• Prostate Cancer
• Gastric Cancer
• Other Cancers

List of Key Players of U.S. Tissue Diagnostics Market

• Merck KGaA
• Thermo Fisher Scientific, Inc.
• Hoffmann-La Roche Ltd.
• Abbott Laboratories
• Siemens Healthineers AG
• Danaher
• bioMérieux SA
• QIAGEN
• Becton, Dickinson & Company (BD)
• Agilent Technologies, Inc.
• General Electric Company (GE Healthcare)
• BioGenex
• Cell Signaling Technology, Inc.
• Bio SB
• DiaGenic ASA
• Sakura Finetek Japan Co., Ltd.
• Abcam plc
• Enzo Life Sciences, Inc.
• VITRO SA (Master Diagnóstica)
• TissueGnostics GmbH

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. School Furniture Market Size Is Expected To Reach USD 2.76 Billion by 2028

 U.S. School Furniture Market Growth & Trends

The U.S. school furniture market size is expected to reach USD 2.76 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.6% from 2021 to 2028. According to the National Center for Education Statistics, the number of public elementary schools increased from 98.2 thousand in 2017 to 98.5 thousand in 2018. Similarly, the number of public secondary schools increased from 66.8 thousand in 2017 to 67.4 thousand in 2018. Thus, an increasing number of schools is resulting in higher demand for school furniture.

The growing demand for flexible seating in classrooms is also expected to drive the product demand. This school furniture is designed on evolving space configurations and can help check the rising posture problems in children. These allow children to be more posture-correct and provide comfortable ergonomic options. Multiple seating options including chairs, yoga balls, couches, and springy stools have been gaining traction.

In November 2020, MiEN Company, which serves the education industry with innovative furniture products that promote and support active and interactive learning environments, introduced new product offerings to help institutions take active learning spaces to a new level. One such product is a DIY backless chair. The product is designed for active learning environments that encourage students to strengthen their core in a ready-to-learn position. Its backless design allows the chair to be easily stored away under tables when students prefer to stand. These chairs are light, easy to move, and optimize space because they are easy to stack.

School furniture plays an important role in the overall learning environment. Students spend as long as 9 hours at their desks every day and hence, classroom ergonomics play an important role in schools. Institutions have been increasingly focusing on school furniture and ensuring that it’s suitable for the pupils, allows movement, and invariably encourages a good posture. It is recommended that classroom seating should support a healthy posture, especially since young bodies develop rapidly. It should also decrease fidgeting.

The environmentally-conscious schools have been significantly investing in green desks and tables, green chairs, green pre-school furniture, green library furniture, and green dry erase boards, among others. Green school furniture products are made via the employment of various manufacturing processes as well as materials that meet numerous approval standards for emissions. Moreover, these are designed to protect indoor air quality. The rising demand for green furniture in various schools and colleges is expected to open new growth opportunities for manufacturers over the forecast period.

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U.S. School Furniture Market Report Highlights

• By product, the seating furniture segment is projected to register the fastest CAGR from 2021 to 2028
• Based on application, the library and labs segment is expected to expand at a CAGR of 3.9% from 2021 to 2028. This is attributed to the increasing requirements for large storage spaces and flexible seating in libraries and labs
• The classroom application segment held the largest share of over 75.0% in 2020 and is foreseen to remain at the forefront over the forecast period

Access Press Release@ https://www.grandviewresearch.com/press-release/us-school-furniture-market-analysis

U.S. School Furniture Market Segmentation

Grand View Research has segmented the U.S. school furniture market on the basis of product and application:

U.S. School Furniture Product Outlook (Revenue, USD Million, 2016 - 2028)

• Seating Furniture
• Storage Units
• Lab Furniture
• Others

U.S. School Furniture Application Outlook (Revenue, USD Million, 2016 - 2028)

• Classroom
• Library & Labs
• Others

List of Key Players of U.S. School Furniture Market

• Smith System Mfg. Co.
• Knoll, Inc.
• The HON Company
• Virco
• Fleetwood Group
• VS America, Inc.
• Hertz Furniture
• Paragon Furniture Inc.
• Haskell Education
• Marco Group

About Grand View Research

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