Global Demand for Remote Healthcare Market to Incur Considerable Upsurge During 2021 – 2028: Grand View Research Inc.

 Remote Healthcare Market Growth & Trends 

The global remote healthcare market size is expected to reach USD 23.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 17.0% from 2021 to 2028. COVID-19 pandemic has created a burden on healthcare systems. Moreover, many patients were hesitant to visit hospitals owing to fear of contracting COVID-19. This in turn increased the demand for telehealth including real-time virtual health services. For instance, MDLive, a telehealth platform based in the U.S. witnessed a 95% increase in virtual visits and a 300% increase in bookings in the first half of 2020.

Moreover, many remote healthcare vendors, healthcare providers, and the government are taking aid of introducing various platforms to tackle COVID-19. For instance, in April 2021, major digital patient monitoring and real-time virtual health providers Cloud DX, Maple, and Curatio announced their partnership to launch a COVID-19 home monitoring program in Canada. This program will include digital automated monitoring technology along with disease management support and clinical oversight via virtual care. Many hospitals are adopting tele-ICUs to provide effective and efficient treatment to COVID-19 patients and reduce the burden on hospital staff. Such initiatives using technologies to tackle the COVID-19 pandemic are estimated to drive the market.

The rise in healthcare costs, increasing burden of diseases, shortage of hospital beds, and shortage of hospital staff is estimated to drive the market in near future. Moreover, increase penetration of the internet, increasing adoption of smartphones and wearable devices, and increasing spending on healthcare IT is supporting the market growth. Many patients, providers, and insurance companies are adopting technologies owing to their advantages such as enhanced quality of care, low cost, and high efficiency.

Market players are investing in the development of new digital healthcare technologies. Moreover, they are involved in strategic collaborations, partnerships, and mergers and acquisitions to expand to increase adoption of remote healthcare technologies and expand their company market share. For instance, in January 2021, Redox, a health IT company and Withings announced its partnership to make, MED·PRO CARE, a remote patient monitoring platform of Withings compatible with all electronic health record platforms utilized by healthcare stakeholders.

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Remote Healthcare Market Report Highlights

• Tele-ICUs emerged as the leading service segment and accounted for the largest revenue share of 49.7% in 2020
• The provider segment dominated the market and accounted for the largest revenue share in 2020, whereas the patient segment is projected to expand at the fastest CAGR during the forecast period
• North America dominated the market and accounted for the largest revenue share of 38.8% in 2020
• In Asia Pacific, the market is projected to expand at the fastest CAGR during the forecast period

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Remote Healthcare Market Segmentation

Grand View Research has segmented the global remote healthcare market on the basis of service, end-user, and region:

Remote Healthcare Service Outlook (Revenue, USD Million, 2016 - 2028)

• Remote Patient Monitoring
• Real Time Virtual Health
  • Video Communication
  • Audio Communication
  • Email/Chat box
• Tele-ICU

Remote Healthcare End-user Outlook (Revenue, USD Million, 2016 - 2028)

• Payer
• Provider
• Patient
• Employer Groups & Government Organizations

Remote Healthcare 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
  • Mexico
  • Brazil
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players of Remote Healthcare Market

• Advanced ICU Care
• BioTelemetry
• Koninklijke Philips
• Teladoc Health
• Vivify Health
• AirStrip Technologies
• Medtronic
• InTouch Technologies
• American Well
• Resideo Life Care Solutions

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.

Nasal Cannula Market to Expand at a CAGR of 5.5% Through 2028: Grand View Research Inc.

 Nasal Cannula Market Growth & Trends

The global nasal cannula market size is expected to reach USD 9.8 billion by 2028, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.5% from 2021 to 2028. The rise in prevalence of respiratory diseases and the growing geriatric population contribute majorly to the growth of the market. The lifestyle changes, rising percentage of smokers, climatic conditions, and the increasing air pollution attributes majorly to the growing prevalence of respiratory diseases.

Moreover, the current Covid-19 pandemic has further propelled the demand for medical devices worldwide. The surge in the adoption of the single-use nasal cannula was prevalent in all the settings, including hospitals, home settings, and care centers. Furthermore, the medical device witnessed a surge in demand during the pandemic facilitating oxygen delivery in all settings, including hospitals and home care.

The development in the medical device by different key players of the market has further propelled the adoption due to innovation in the nasal cannulas to provide more flexibility and comfort to the patients. The recent developments in high-flow nasal cannula facilitate expanding the usage at low-level healthcare settings or home use leading to further market growth.

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Nasal Cannula Market Report Highlights

• The low flow nasal cannula segment dominated the market in 2020 owing to the growing prevalence of respiratory diseases, the low cost of the cannula, and the Covid-19 impact
• The plastic material segment dominated the market in 2020 in terms of revenue share owing to the higher adoption due to low cost and variations available in the market
• The hospital segment dominated the market in 2020 owing to the increasing adoption of the high-flow nasal cannula and the developments made to expand the usage and scope in various indication treatments
• On the other hand, the growing geriatric population and the patients with long-term respiratory distress are expected to support the growth of the long term care center segment
• In 2020, North America held the highest share in the market owing to the rise in the occurrence of respiratory diseases such as COPD and asthma, and growth in the local and international manufacturers facilitating swift availability of the medical device at low cost
• In Asia Pacific, the market is expected to witness the fastest growth over the forecast period owing to the rising geriatric population and prevalence of respiratory diseases, increasing healthcare expenditure, and rise in the local manufacturers

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Nasal Cannula Market Segmentation

Grand View Research has segmented the global nasal cannula market based on type, material, end-use, and region:

Nasal Cannula Type Outlook (Revenue, USD Million, 2016 - 2028)

• Low Flow
• High Flow

Nasal Cannula Material (Revenue, USD Million, 2016 - 2028)

• Plastic
• Silicone

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

• Hospitals
• Ambulatory Healthcare Services
• Long Term Care Centers
• Others

Nasal Cannula Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players Nasal Cannula Market

• Allied Healthcare Products, Inc.
• Teleflex Incorporated
• Flexicare Medical Ltd.
• Vapotherm Inc.
• ResMed Inc.
• Fairmont Medical
• Fisher & Paykel Healthcare Limited
• Well Lead Medical Co. Ltd.
• Salter Labs

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.

Cloud Kitchen Market To Hold a High Potential for Growth by 2028: Grand View Research Inc.

 Cloud Kitchen Market Growth & Trends

The global cloud kitchen market size is expected to reach USD 139.37 billion by 2028, registering a CAGR of 12.4% from 2021 to 2028, according to a new study conducted by Grand View Research, Inc. Digital disruption and technological innovations have popularized the trend of ordering food online and doorstep delivery. Increased efforts toward convenience, comfort, and quality of service have also helped the emergence of cloud kitchens. Additionally, changing lifestyles, especially of millennials with increased disposable incomes demanding convenience at their touchpoints, are the factors stimulating the rise of virtual kitchens.

Changing lifestyles are compelling restaurateurs to focus on customer convenience and customer experience improvement strategies. With increased competition among restaurants delivering similar offerings, the need to maintain the quality of the service puts increased pressure on cost management, failure to do so often results in the shutdown of outlets. Therefore, to ensure the survival of businesses and increase profits, cloud kitchens are gaining momentum. With the minimal risk involved, several entrepreneurs, including food aggregators, are increasingly investing in the concept.

The rise in COVID-19 cases globally made social distancing imperative. Moreover, frequent lockdowns to contain the spread of the virus acted as a catalyst in increasing the demand for deliveries and takeaways, leading to a rise in the number of cloud kitchens globally. Restaurants facing a slump in business due to declining footfall have shifted to the virtual kitchen concept, as the takeaways model emerged as a viable source of generating revenue during the COVID-19 pandemic. Furthermore, as virtual kitchens require minimal investment and operational costs to run, they help restaurants improve their profit margins. The increased realization of the benefits of cloud kitchens is encouraging several food entrepreneurs and restaurateurs to invest in cloud kitchens.

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Cloud Kitchen Market Report Highlights

• In terms of type, the independent cloud kitchen segment held the largest market share in 2020, accounting for more than 60% of the overall market. Increasing consumer preference for international cuisines and fast foods is expected to emerge as the key trend driving the growth of the segment
• In terms of nature, the franchised segment is expected to register the highest CAGR over the forecast period. The growing popularity of large restaurant chains possessing high brand equity and offering high service quality is expected to drive the growth of the segment over the forecast period
• Factors such as increasing internet penetration and the rising proliferation of online delivery services across the economies of China, India, and Japan allowed the Asia Pacific regional market to hold the dominant position in 2020. The regional market exceeded 60.0% of the global market share in 2020

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Cloud Kitchen Market Segmentation

Grand View Research has segmented the global cloud kitchen market based on type, nature, and region:

Cloud Kitchen Type Outlook (Revenue, USD Million, 2017 - 2028)

• Independent Cloud Kitchen
• Commissary/Shared Kitchen
• Kitchen Pods

Cloud Kitchen Nature Outlook (Revenue, USD Million, 2017 - 2028)

• Franchised
• Standalone

Cloud Kitchen Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• MEA

List of Key Players of the Cloud Kitchen Market

• CloudKitchens
• Dahmakan (Pop Meals)
• DoorDash
• Ghost Kitchen Orlando
• Kitchen United
• Kitopi
• Rebel Foods
• Starbucks Coffee Company
• Swiggy
• Zuul Kitchens, 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.

Asia Pacific Cell Therapy Market Soaring Demand Assures Motivated Revenue Share By 2028

 Asia Pacific Cell Therapy Market Growth & Trends

The Asia Pacific cell therapy market size is expected to reach USD 2.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 14.9% from 2021 to 2028. Rapid advancements in regenerative medicine are anticipated to provide effective solutions for chronic conditions. A substantial number of companies in the growing markets, such as India and South Korea, are striving to capitalize on the untapped opportunities in the market, thereby driving the market.

The growth is greatly benefitted by the fund and regulatory support from government bodies and regulatory agencies. For instance, in August 2020, the government of South Korea passed an Act on the Safety and Support of Advanced Regenerative Medical Treatment and Medicine to establish a regulatory system for patient safety during quality control and clinical trials, and to strengthen the regulatory support for regenerative medicine development.

The implementation of the act is expected to enhance clinical studies and approvals of regenerative medicine in South Korea. Furthermore, CAR-T and TCR T-cell therapies have already revolutionized hematologic cancer treatment. With the onset of the COVID-19 pandemic, scientists are deciphering its potential against the novel coronavirus. The concept of using T cells against chronic viral infections, such as HIV and hepatitis B, has already been proposed.

Based on the previous research insights, Singapore-based Duke-NUS medical school’s emerging infectious diseases research program demonstrated the utility of these immunotherapies in treating patients with COVID-19 infection. Thus, an increase in research for use of cell therapies for COVID-19 treatment is expected to drive the market in Asian countries. In April 2021, a team of researchers from Japan used induced pluripotent stem cells (iPS) to find drugs that can effectively inhibit the coronavirus and other RNA viruses.

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Asia Pacific Cell Therapy Market Report Highlights

• The research-use segment accounted for the major revenue share in 2020. This can to a substantial investment in research and their clinical translation in Asian countries
• The segment is also driven by the rapid advances in stem cell research which exhibits the potential to effectively address the unmet demand of pharmaceutical and biotech entities, as well as healthcare professionals in disease management
• On the other hand, the clinical use segment is expected to register a significant growth rate during the forecast period owing to the success of CAR-T and other cellular therapies in recent times
• Furthermore, the declining price of stem cell therapy products is anticipated to boost sales in this segment coupled with rising demand for effective alternatives to conventional therapies against various chronic indications
• Based on the therapeutic area, malignancies captured the maximum revenue share in 2020
• This can be owed to relatively more application of cellular therapies in the management of various cancer types such as acute myeloid leukemia, multiple myeloma, and non-Hodgkin lymphoma
• The autologous therapies segment dominated the 2020 market owing to the approval of autologous CAR-T therapies, improved survival rate post transplantation procedures, and relatively higher adoption rate
• Japan has emerged as the leading Asian market, which can be attributed to its fast growth as a hub for research on regenerative medicine
• On the other hand, Singapore and India are anticipated to witness the fastest growth over the forecast period owing to the presence of improving financing programs to support and advance cell therapy product development in the countries

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Asia Pacific Cell Therapy Market Segmentation

Grand View Research has segmented the Asia Pacific cell therapy market on the basis of use-type, therapy type, and country:

Asia Pacific Cell Therapy Use-type Outlook (Revenue, USD Million, 2017 - 2028)

• Clinical-use
  • By Therapeutic Area
    • Malignancies
    • Muscoskeletal disorders
    • Autoimmune disorders
    • Dermatology
    • Others
  • By Cell Type
    • Stem Cell Therapies
      • BM, Blood, & Umbilical Cord-derived Stem Cells/ Mesenchymal Stem Cells
      • Adipose derived cells
      • Others
    • Non-stem Cell Therapies
  • Research-use

Asia Pacific Cell Therapy Type Outlook (Revenue, USD Million, 2017 - 2028)

• Allogenic Therapies
• Autologous Therapies

Asia Pacific Cell Therapy Country Outlook (Revenue, USD Million, 2017 - 2028)

• China
• Japan
• India
• Malaysia
• South Korea
• Philippines
• Australia
• Indonesia
• Singapore

List of Key Players of Asia Pacific Cell Therapy Market

• Kolon TissueGene, Inc.
• JCR Pharmaceuticals Co., Ltd.
• Kolon TissueGene, Inc.
• JCR Pharmaceuticals Co., Ltd.
• MEDIPOST
• PHARMICELL Co., Ltd.
• CO., LTD
• Bristol-Myers Squibb Company
• Novartis AG
• Gilead Sciences, Inc.
• Curocell, Inc.
• JW Therapeutics (Shanghai) Co., Ltd.
• Stempeutics Research PVT LTD

About Grand View Research

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

Saudi Arabia Medical Disposables Market To Benefit from Increased Global Uptake of 2021 By 2028

 Saudi Arabia Medical Disposables Market Growth & Trends

The Saudi Arabia medical disposables market size is expected to reach USD 7.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 17.0% from 2021 to 2028. COVID-19 pandemic, an increasing number of surgeries, growing awareness about hospital-acquired infections, and a surge in the elderly population across Saudi Arabia are the major driving factors for the market. In addition, rising healthcare expenditure, various government initiatives are also some of the key factors contributing to market growth.

An increasing number of surgeries in Saudi Arabia is projected to boost the market over the forecast period. For instance, according to the Ministry of Health Saudi Arabia, more than 30,000 bariatric gastric sleeve surgical operations were conducted in 2020. Since, hospital gowns, single-use eyewear, hand sanitizers, respiratory supplies, and sterilizing supplies, are the essential requirements for surgical operations, therefore, high demand for medical products that can be used one-time is expected throughout the forecast period.

The growing prevalence of HAIs owing to lack of hygiene and precaution is also one of the leading factors contributing to market growth. For instance, as per the report published by NCBI, in 2019, a survey was conducted on May 11, 2017, amongst inpatients at 6 hospitals in Saudi Arabia, the prevalence rate was 6.8% (114 of 1,666). The most common type of infections was pneumonia (27.2%), urinary tract infections (20.2%), and bloodstream infections (10.5%).

It also reported that around 19.2% of healthcare-associated infections were associated with devices. Non-woven disposables, such as hospital gowns, offer general contamination prevention and can help to reduce the risk of developing HAIs. It also prevents bacterial and other microbial illnesses from entering the patient’s body. As a result, surgeons advise patients to wear throwaway gowns, gloves, and masks before medical operations. These factors are also expected to drive the market over the forecast period.

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Saudi Arabia Medical Disposables Market Report Highlights

• In terms of product, the disposable masks segment held the largest revenue share in 2020. Rising cases of COVID-19 across the globe is one of the major factors propelling segment growth
• In terms of raw materials, the non-woven segment held the largest revenue share in 2020. The segment growth is majorly driven by the increasing cases of hospital-acquired illnesses and surgical-site infections
• 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 of hospitals in developing and developed countries

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Saudi Arabia Medical Disposables Market Segmentation

Grand View Research has segmented the Saudi Arabia medical disposables market on the basis of product, raw material, and end use:

Saudi Arabia Medical Disposables Product Outlook (Revenue, USD Million, 2016 - 2028)

• Wound Management Products
• Drug Delivery Products
• Diagnostic and Laboratory Disposables
• Dialysis Disposables
• Incontinence Products
• Respiratory Supplies
• Sterilization Supplies
• Non-woven Disposables
• Disposable Masks
• Disposable Eye Gear
• Disposable Gloves
• Hand Sanitizers
  • Gel Hand Sanitizers
  • Foam Hand Sanitizers
  • Liquid Hand Sanitizers
  • Other Hand Sanitizers
• Other Products

Saudi Arabia Medical Disposables Raw Material Outlook (Revenue, USD Million, 2016 - 2028)

• Plastic Resin
• Nonwoven Material
• Rubber
• Paper and Paperboard
• Metals
• Glass
• Other Raw Materials

Saudi Arabia Medical Disposables End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Home Healthcare
• Outpatient/Primary Care Facilities
• Other End-use

List of Key Players of Saudi Arabia Medical Disposables Market

• SABIC
• Medical Disposable Manufacturing Company (MDM)
• ACTEST Ltd.
• Al Shidani Middle East L.L.C
• Smith & Nephew PLC
• Bayer AG
• Becton Dickson and Company
• 3M
• Johnson & Johnson
• Abbott
• Medtronic

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. Range Cooker Market Expected To Propel Industry Growth By 2028: Grand View Research Inc.

 U.S. Range Cooker Market Growth & Trends

The U.S. range cooker market size is anticipated to reach USD 2.66 billion by 2028, registering a CAGR of 7.7% over the forecast period, according to a new report by Grand View Research, Inc. The deployment of stylish and functional appliances in kitchens with multi-functionality features is an ongoing trend in the residential sector. This, combined with the trend of remodeling homes to build and accommodate modular kitchens, is resulting in fast-paced product adoption in the country. 

Consumers’ focus on attracting a higher resale value from remodeling projects has also driven the prominence of range cookers in homes. For instance, minor kitchen remodeling can lead to an average of 81.1% of the reoccupied cost, whereas major kitchen remodeling can lead to a 59.0% return on the cost. Thus, consumers are loosening their purse strings and building high-end kitchens for their homes by installing advanced cooking appliances.

The growing trend of food away from home is resulting in the increasing number of restaurants, hotels, resorts, food stations, and other commercial eateries across the country. Consumers seek quality and tasty food with minimum waiting time, compelling owners of food joints to invest in modern and integrated cooking appliances. These outlets need high-capacity and efficient kitchen appliances to be able to serve large masses in a short time while also focusing on the quality of the food they serve. Range cookers are ideal for such commercial applications. Thus, product adoption in restaurants and eateries is projected to grow in the coming years.

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U.S. Range Cooker Market Report Highlights

• The rising demand for products designed for specific set-ups and purposes will drive the market in the coming years
• Since these appliances are bigger, they offer more settings, functions, and cooking options
• Many even feature a separate grill so consumers can grill and roast food at the same time
• Above USD 5000 price range dominated the market in 2020 with a revenue share of over 48%
• The 30” size segment is projected to register the fastest CAGR of more than 8% from 2021 to 2028
• The residential application segment is projected to account for the highest revenue share by 2028 registering the fastest CAGR of 7.9% over the forecast period

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U.S. Range Cooker Market Segmentation

Grand View Research has segmented the U.S. range cooker market on the basis of size, price range, application, and distribution channel:

U.S. Range Cooker Size Outlook (Revenue, USD Million, 2016 - 2028)

• 20”
• 24”
• 30”
• Above 30”

U.S. Range Cooker Price Range Outlook (Revenue, USD Million, 2016 - 2028)

• USD 1,000 & Below
• USD 1,001 - USD 3,000
• USD 3,001 - USD 5,000
• Above USD 5,000

U.S. Range Cooker Application Outlook (Revenue, USD Million, 2016 - 2028)

• Residential
• Commercial

U.S. Range Cooker Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Online
• Offline

List of Key Players of U.S. Range Cooker Market

• Amana
• GE Appliances
• Samsung
• Premier
• Monogram
• LG KitchenAid
• Frigidaire
• Viking
• Thermador
• Dacor
• Whirlpool

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.

Menopause Market will be Worth USD 22.7 Billion by 2028: Grand View Research Inc.

 Menopause Market Growth & Trends

The global menopause market size is expected to reach USD 22.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.7% from 2021 to 2028. Increasing awareness regarding menopause-associated health aspects, high prevalence of menopausal symptoms, and high adoption of women’s health apps are expected to boost market growth during the forecast period. Key players in the region are conducting campaigns to create awareness about menopause and the role of dietary supplements in easing the transition through it. In September 2019, EQUELLE partnered with actress Kate Walsh for its campaign Live Hot, Stay Cool. The campaign included sharing of menopause-related experiences and tips by Kate with other women and the role that EQUELLE, a dietary supplement, played during the transition.

There are various dietary supplements available in the market containing ingredients such as soy isoflavones, black cohosh, red clover, and amberen. Manufacturers are involved in the launch of new products for managing menopause symptoms. For instance, in September 2020, Health and Her Ltd. launched a range of supplements for managing the symptoms of menopause, such as vitamins C and B12, zinc, minerals, and herbs. Such strategies can help meet the increasing demand for dietary supplements in the market.

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Menopause Market Report Highlights

• The dietary supplements segment dominated the market in terms of revenue share in 2020 and is expected to witness the fastest growth over the forecast period. The factors contributing to segment growth are a large number of women entering menopause every year and the launch of innovative products. Cambridge Diagnostic Imaging (CaDi), a provider of nutraceutical products for health support, announced the launch of Lycovary Daily in December 2020. The product is a food supplement developed by a biotech company, Lycotec, designed for ovarian health
• The OTC pharma products segment is divided into hormonal and non-hormonal products. Over-the-Counter (OTC) hormone preparations are becoming more common for use by women undergoing menopause. Some of the major products in the segment include Dehydroepiandrosterone (DHEA), ibuprofen, topical progesterone, and melatonin
• North America held the largest revenue share in the market in 2020 due to factors such as the growing prevalence of menopausal symptoms. Moreover, an increase in awareness about dietary requirements is leading to a greater demand for them among older women
• In Latin America, the market is expected to register the fastest growth rate over the forecast period owing to factors such as rising awareness about women’s health and growing adoption of dietary supplements for menopause
• The industry is also witnessing mergers, acquisitions, and product launches. For instance, in December 2017, Nestlé Health Science announced the acquisition of Atrium Innovations for USD 2.3 Million. This was anticipated to help Nestlé expand into the nutrition market

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

Menopause Market Segmentation

Grand View Research has segmented the global menopause market on the basis of treatment and region:

Menopause Treatment Outlook (Revenue, USD Million, 2016 - 2028)

• Dietary Supplements
• OTC Pharma Products
  • Hormonal products
  • Non-hormonal products

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

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

List of Key Players of Menopause Market

• Bayer AG
• Theramex
• Teva Pharmaceutical Industries Ltd.
• AbbVie, Inc.
• Abbott
• Pure Encapsulations, LLC.
• Reddy’s Laboratories Ltd.

About Grand View Research

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

U.S. Veterinarians Market to Observe Strong Development by 2028: Grand View Research Inc.

 U.S. Veterinarians Market Growth & Trends

The U.S. veterinarians market size is expected to reach USD 19.5 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.5% from 2021 to 2028. Growing cases of zoonotic and chronic diseases, increasing animal health expenditure, and growing awareness amongst end-users are the key factors driving the market. The American Veterinary Medical Association endorses the Compendium of Veterinary Standard Precautions for Zoonotic Disease Prevention in Veterinary Personnel.

As many people spending far more time in the household during the Covid-19 pandemic, the animal shelters across the country witnessed increased pet adoptions. Pet owners are paying more attention to their companions’ health and wellness. As a result of this, the market registered positive growth during the coronavirus crisis.

With the growing number of pet parents in the U.S., animal health awareness is rising amongst people. In the U.S., there are various pet health awareness events are conducted such as National Pet Week. Increasing awareness about veterinary healthcare and the implementation of strict regulations to prevent animal diseases are likely to be the key factors driving the market.

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U.S. Veterinarians Market Report Highlights

• Factors such as increasing consumption of meats, growing pet adoption rate, and mandatory vaccination are expected to boost demand for veterinary medicine and expertise, which, in turn, will fuel the demand for veterinarians
• Moreover, rising incidence of cancer, especially in canines, is expected to provide a growth platform for the market. As mentioned in the Veterinary Cancer Society press release, cancer is the leading cause of death in companions registered 32.0% and 47.0% of deaths in cats and dogs respectively
• The private segment emerged as the largest revenue-generating segment of the market in 2020. Increased private practitioner across the country due to high compensation rate as compared to public practices or academic profession is a key contributor for the segment dominance throughout the forecast period
• The companion animal exclusive practice amongst the private sector dominated the market in 2020. There is an exponential increase in companion animal adoption as people are spending more time at home and alone during the COVID-19 pandemic. Increasing spending on pet ranging from food to veterinary care along with surging adoption is expected to positively influence market growth

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

U.S. Veterinarians Market Segmentation

Grand View Research has segmented the U.S. veterinarians market on the basis of sector:

U.S. Veterinarians Sector Outlook (Revenue, USD Billion, 2016 - 2028)

• Public
• Private
  • Food animal exclusive
  • Food animal predominant
  • Mixed animal
  • Companion animal predominant
  • Companion animal exclusive
  • Equine
  • Others
• Academics
• Others (Non-profit organizations)

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.

B2B Sports Nutrition Market Latest Innovations, Drivers and Industry Key Events 2021 – 2028: Grand View Research Inc.

 B2B Sports Nutrition Market Growth & Trends 

The global B2B sports nutrition market size is expected to reach USD 5.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.8% from 2021 to 2028. Consumers are proactively participating in sporting and fitness activities as there has been a rise in the inclination to pursue a healthy and physically fit lifestyle amongst them. The surge in the number of gyms and fitness centers globally is supporting fitness goals of their members. The rising awareness of the importance of nutrition-based products is a key factor driving the market. Moreover, the fitness centers and gyms endorse sports nutrition products, thereby propelling market growth. Advancements in online business platforms are enhancing the accessibility and availability of products, globally.

Globalization has led to rapid change the lifestyle patterns, which has changed dietary habits. This, in turn, has led to nourishment deficiencies and an increased prevalence of chronic diseases like diabetes, cancer, cardiovascular ailments, and obesity. Rising health awareness and shift in mentality from curative care to preventive care amongst consumers are boosting demand for sports supplements and products. Consumers are focusing on self-care and are meticulously tracking their nutrition and health status. Globally, people are getting concerned about their personal health and are readily adopting an active lifestyle. As per the International Health, Racquet, and Sportsclub Association estimates, the number of health club members witnessed an incremental growth from 58.0 million in 2010 to 73.6 million in 2019.

Lastly, key players are increasingly investing in the development of new innovative products to upgrade their product portfolios. Companies are catering to the rising demand for organic and plant-based nutritional products, which is eventually contributing to development. For instance, Clif Bar and Company in February 2021 launched their Luna bars product portfolio with probiotics to promote digestive health and to serve as a healthy meal replacement option. Similarly, in July 2019 Herbalife Nutrition launched Herbalife 24- BCAAs to provide quick recovery and to enhance performance.

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B2B Sports Nutrition Market Report Highlights

• The market is expected to witness significant growth over the forecast period, owing to increasing inclination towards healthier lifestyles, rising number of fitness and health centers, and increasing healthcare expenditure
• The recovery segment dominated the market in 2020 owing to increasing health consciousness and consumption of sports nutrition products for muscle growth and recovery
• The gyms segment dominated the market in 2020 owing to the surge in the number of gyms and fitness centers worldwide
• North America dominated the market in 2020 owing to increased disposable income, rising number of gyms, and the presence of major key players

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

B2B Sports Nutrition Market Segmentation

Grand View Research, Inc. has segmented the global B2B sports nutrition market on the basis of application, distribution channel, and region:

Business-to-Business Sports Nutrition Application Outlook (Revenue, USD Million, 2016 - 2028)

• Endurance
• Strength Training
• Muscle Growth
• Recovery
• Energy
• Weight Management
• Immunity Enhancement
• Cognitive Repairment

Business-to-Business Sports Nutrition Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Gyms
• Fitness Studio
• Sports Academies

Business-to-Business Sports Nutrition Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Business-to-Business (B2B) Sports Nutrition Market

• Glanbia Plc.
• Abbott
• PepsiCo
• General Nutrition Centers, Inc.
• The Bountiful Company
• Clif Bar & Company
• Science in Sport
• The Hut Group
• Cardiff B2B Sports Nutrition Limited
• Iovate Health Sciences
• MUSCLEPHARM
• Post Holdings, Inc.
• Herbalife International of America, 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.

Drug Testing Market Pegged For Strong Growth During 2021-2028: Grand View Research Inc.

 Drug Testing Market Growth & Trends

The global drug testing market size is expected to reach USD 11.7 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.9% from 2021 to 2028. The introduction of innovative tests, stringent regulation mandating drug testing, and growing substance abuse & addiction are some of the factors anticipated to foster market growth during the forecast period. 

Drug abuse and addiction is a global problem, affecting millions of people. As per the World Drug Report published by UNODC, in 2019, around 35.0 million people were suffering from drug use disorders globally. Such a high rate of drug abuse and substance use disorders has created a major demand for innovative tests to prevent, treat, and manage such cases. Several key players operating in this space are introducing innovative and efficient products to meet this growing demand.

For instance, in June 2019, Quidel Corporation received the U.S. FDA’s 510(k) clearance to market its fluorescence immunoassay—Quidel Triage TOX Drug Screen, 94600. This is intended for detecting the presence of metabolites or drugs in urine. Moreover, in June 2020, Cordant Health Solutions offered video-observed oral fluid drug testing to help courts & government agencies to monitor participants during the COVID-19 pandemic. This aided in combating several challenges faced by people with substance abuse disorders during the pandemic.

Continuous government initiatives and implementation of strict substance abuse testing regulations to ensure safety have derived the demand for its testing products. In July 2020, the New Zealand government introduced a new bill that provides police the power to conduct random roadside drug testing of drivers to reduce impaired driving in the country. The new bill allows usage of oral fluid tests to check drivers for substances such as cocaine, ecstasy, cannabis, opiates, methamphetamine, and benzodiazepines. Also, in February 2020, the Directorate General of Civil Aviation in India introduced extensive tests for pilots and flight crew members for psychoactive substances such as opioids & cannabis to ensure safe air travel.

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Drug Testing Market Report Highlights

• By product type, the consumables segment dominated the market in 2020, owing to its repetitive use to conduct substance abuse screening
• Based on sample type, the urine samples segment accounted for the largest revenue share in 2020, as it is the most common method of sample collection
• Increased unemployment and economic crisis due to the Covid-19 pandemic has made people more susceptible to substance abuse, thus created lucrative opportunities in the market
• The legalization of marijuana for medicinal as well as recreational use in several countries is anticipated to change the current scenario and may create demand for innovative testing solutions
• Stringent privacy rights in some countries are likely to limit substance abuse testing at workplaces, impeding market growth
• In Asia Pacific, the market is expected to witness lucrative growth over the forecast period as a result of the growing demand for substance abuse testing from emerging economies, such as China and India

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

Drug Testing Market Segmentation

Grand View Research has segmented the global drug testing market on the basis of product type, sample type, drug type, end use, and region:

Drug Testing Product Type Outlook (Revenue, USD Million, 2016 - 2028)

• Consumables
• Instruments
• Rapid Testing Devices
• Services

Drug Testing Sample Type Outlook (Revenue, USD Million, 2016 - 2028)

• Urine Samples
• Oral Fluid Samples
• Hair Samples
• Other Samples

Drug Testing Drug Type Outlook (Revenue, USD Million, 2016 - 2028)

• Alcohol
• Cannabis/Marijuana
• Cocaine
• Opioids
• Amphetamine & Methamphetamine
• LSD
• Others

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

• Drug Testing Laboratories
• Workplaces
• Hospitals
• Others

Drug Testing Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Drug Testing Market

• Quest Diagnostics Incorporated
• Abbott Laboratories
• Quidel Corporation
• Hoffmann-La Roche
• Thermo Fisher Scientific, Inc.
• Siemens Healthineers
• Bio-Rad Laboratories, Inc.
• Agilent Technologies, Inc.
• LabCorp
• Drägerwerk AG & CO. KGaA
• Clinical Reference Laboratory (CRL), Inc.
• Cordant Health Solutions
• Legacy Medical Services, LLC
• Omega Laboratories, 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.