Wednesday, 7 July 2021

External Fixators Market to Reflect Steadfast Expansion During 2021-2028: Grand View Research Inc.

 External Fixators Market Growth & Trends

The global external fixators market size is expected to reach USD 1.16 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.0% from 2021 to 2028. The growing incidence of chronic diseases and the rise in the number of sports-related injuries are boosting the market growth. According to the Canadian Institute of Health, from 2018 to 2019, around 18,000 people were hospitalized due to sports-related injuries. Moreover, the rapidly increasing number of road accidents is expected to boost the need for external fixation surgeries. For instance, according to the Association for Safe International Road Travel (ASIRT), in 2019, around 20 to 50 million people in the U.S. were injured or disabled due to road accidents.

Moreover, benefits of external fixation surgeries, such as the lesser risk of Surgical Site Infections (SSIs) than internal fixation and lesser surgery time, along with continuous technological advancement are further propelling the revenue. For instance, In November 2020, Stryker acquired Wright Medical Group N.V. to strengthen its position and enhance product offerings in a high-growth segment of lower extremity and biologics. In February 2021, Orthofix Medical Inc. launched FITBONE intramedullary lengthening system in the U.S. and Europe markets to increase its penetration.

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External Fixators Market Report Highlights

  • The computer-aided product segment accounted for the largest revenue share in 2020 due to continuous technological advancements and high usage of these fixators during surgeries
  • The circular fixation type segment led the global market in 2020, in terms of revenue share due to the advantages of these products, such as biomechanical characteristics and minimally invasive application
  • The fracture fixation segment held the largest revenue share of over 40% in 2020 due to the increased number of fracture-related injuries and demand for external fixation over internal fixation
  • The hospitals end-user segment held the largest revenue share in 2020 owing to advanced treatment options available in hospitals and a large number of patient footfall
  • North American was the leading regional market in 2020 owing to the presence of advanced healthcare infrastructure and favorable reimbursement policies along with a high target population

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

External Fixators Market Segmentation

Grand View Research has segmented the global external fixators market on the basis of product, fixation type, end-user, application, and region:

External Fixators Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Manual
  • Computer-aided

External Fixators Fixation Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Unilateral & Bilateral
  • Circular
  • Hybrid & Others

External Fixators End-user Outlook (Revenue, USD Million, 2016 - 2028)

  • Hospitals
  • Ambulatory Surgical Centers (ASCs)
  • Orthopedic and Trauma Centers

External Fixators Application Outlook (Revenue, USD Million, 2016 - 2028)

  • Orthopedic Deformities
  • Fracture Fixation
  • Infected Fracture
  • Limb Correction
  • Others

External Fixators Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of External Fixators Market

  • Johnson & Johnson Services, Inc. (DePuy Synthes)
  • Stryker
  • Zimmer Biomet
  • Smith+Nephew
  • Orthofix Medical, Inc.
  • Ortho-SUV Ltd.
  • Response Ortho
  • Tasarimmed Tıbbi Mamuller San. Tic A.Ş.
  • Auxein Medical
  • Acumed

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.

AI-based Clinical Trials Solution Provider Market Trends, Growth Prospects To 2028: Grand View Research Inc.

 AI-based Clinical Trials Solution Provider Market Growth & Trends

The global AI-based clinical trials solution provider market size is expected to reach USD 5.2 billion by 2028 and is expected to expand at a CAGR of 21.7% over the forecast period, according to a new report by Grand View Research, Inc. Rising adoption of AI-based platforms and technologies by pharmaceutical companies and academia, along with increasing adoption of artificial intelligence (AI) are among the factors driving the market growth. In addition, increasing public and private sector offerings for boosting the research and development in various therapeutic areas, coupled with diverse applications provided by AI in the field of clinical trials is further supporting the growth.

Based on phase, the phase-II segment dominated the market with a share of 48.5% in 2020. This high share is attributable to a higher number of active interventional studies in the second phase. Furthermore, the second phase is crucial for analyzing the immediate outcome of the overall desired outcome from the completion of clinical trials. In addition, since improvements in the further phases of the trial and determination of measures with regards to AI-based tools can be effectively carried out in this phase, the segment comprises of higher revenue share.

In 2020, based on therapeutic applications, the oncology segment accounted for the highest revenue share in the market owing to a growing number of interventional studies in the oncology field and the rising prevalence of cancer. Furthermore, the rising number of market players developing and adopting oncology-based AI tools for clinical trials is further anticipated to propel segment growth.

Based on end-user, the pharmaceutical companies segment accounted for the highest revenue share in the market in 2020 owing to the increasing adoption of AI-based technologies for drug development and interventional studies by major pharmaceutical players. In addition, growing strategic developments in the form of partnerships, acquisitions, collaborations, and mergers are further bolstering the market growth.

North America dominated the market and accounted for the largest revenue share of 43.6% in 2020 owing to various factors including a rising number of start-ups and AI in drug development-based companies in the region, growing awareness and adoption of AI-based technologies, an increasing number of interventional studies. In addition, supportive government initiatives and growing strategic initiatives by major players are driving the demand for AI-based clinical trial solutions in the region.

In addition, the COVID-19 pandemic has also led to a surge in the utilization of AI-based technologies. Increasing adoption of technologically advanced solutions for drug development and utilization of such solutions for analyzing the recruited patient’s data are some of the prominent factors contributing to the upsurge in adoption during the pandemic. Furthermore, the pandemic was also responsible for many clinical trials being put on hold and hence major companies shifted their focus on utilizing AI-based solutions, thereby boosting decentralized interventional studies. Moreover, a large amount of patient data analyzed and consolidated effectively through these solutions has further supported the market growth. For instance, according to a 2021 article published in Healthcare IT News, there is an increase in the adoption of AI-based clinical trial solutions for oncology during COVID-19. Therefore, such instances signify affirmative growth of the market, even during the pandemic.

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AI-based Clinical Trials Solution Provider Market Report Highlights

  • The market is anticipated to witness significant growth by 2028 owing to various applications provided by AI in the field of clinical trials and the growing adoption of such platforms by pharmaceutical companies
  • The phase-II trials segment dominated the market in 2020, owing to the increasing number of interventional studies active in this phase
  • The oncology segment dominated the market in 2020, owing to the rising prevalence of cancer and a growing number of interventional studies in the oncology field
  • The pharmaceutical companies segment accounted for the highest revenue share in 2020 owing to the increasing adoption of artificial intelligence technologies for drug development by major pharmaceutical players
  • North America dominated the market and accounted for the largest revenue share of 43.6% in 2020, owing to various factors including an increasing number of clinical trials in the region, growing adoption of artificial intelligence platforms and tools, rising number of start-ups and companies based on artificial intelligence in drug development and growing awareness regarding AI-based tools and technologies

Access Press Release@ https://www.grandviewresearch.com/press-release/global-artificial-intelligence-based-clinical-trials-solution-provider-market

AI-based Clinical Trials Solution Provider Market Segmentation

Grand View Research has segmented the global AI-based clinical trials solution provider market based on clinical trial phase, therapeutic application, end user, and region:

AI-based Clinical Trials Solution Provider Clinical Trial Phase Outlook (Revenue, USD Million, 2016 - 2028)

  • Phase-I
  • Phase-II
  • Phase-III

AI-based Clinical Trials Solution Provider Therapeutic Application Outlook (Revenue, USD Million, 2016 - 2028)

  • Oncology
  • Cardiovascular Diseases
  • Neurological Diseases or Conditions
  • Metabolic Diseases
  • Infectious Diseases
  • Others

AI-based Clinical Trials Solution Provider End-user Outlook (Revenue, USD Million, 2016 - 2028)

  • Pharmaceutical Companies
  • Academia
  • Others

AI-based Clinical Trials Solution Provider Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of AI-based Clinical Trials Solution Provider Market

  • AI, Inc.
  • Saama Technologies
  • Antidote Technologies, Inc.
  • Phesi
  • Deep 6 AI
  • Innoplexus
  • ai
  • Intelligencia
  • Median Technologies
  • Symphony AI
  • BioAge Labs, Inc.
  • AiCure, LLC
  • CONSILX
  • DEEP LENS AI
  • Halo Health Systems
  • Pharmaseal
  • Ardigen
  • Ai
  • Koneksa Health
  • Euretos
  • BioSymetrics
  • Google- Verily
  • GNS Healthcare
  • IBM Watson
  • Exscientia

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.

Companion Animal Ear Infection Treatment Market Overview, Analysis And Forecast To 2028: Grand View Research Inc.

 Companion Animal Ear Infection Treatment Market Growth & Trends

The global companion animal ear infection treatment market size is expected to reach USD 877.3 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.56% from 2021 to 2028. The increasing prevalence of ear infections in companion animals is one of the factors responsible for the market growth. An ear infection is a second-most common condition in canines. Otitis Externa is a common disorder and one of the top reasons for increase dvet visits.

The COVID-19 pandemic acted as a catalyst for rapid business and economic changes. Moreover, popular trends, such as “bring your pet to work”, are also supporting the market growth. Companies operating in this market are widely accepting different approaches to treat otitis in companion animals. For instance, in April 2020, VirbacintroducedEasotic, a prescription medicine specified for the topical treatment of otitis externa in canines.

The rising number of pet owners and awareness about animal health and hygiene will boost the market growth. For instance, as stated by the American Pet Products Association's National Pet Owners Survey 2019-2020, 63.4 million U.S. households own dogs. Thus, increasing pet ownership along with growing research & development activities in animal health accelerates the market growth. For example, Dechra Pharmaceuticals spent USD 40.31 million (£28.4 million) on R&D in 2020, while USD 35.62 million (£28.4 million) in 2019. Moreover, the humanization of pets further contributes to market growth.

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Companion Animal Ear Infection Treatment Market Report Highlights

  • The anti-bacterial product segment accounted for the largest revenue share in 2020 and will retain the leading position throughout the forecast period
  • This growth can be credited to the rising incidence of ear diseases in pets associated with the bacterial infection
  • The topical segment is anticipated to have significant growth owing to the availability of a wide range of products and high demand for topical treatments
  • The cats animal type segment is estimated to register the fastest CAGR from 2021 to 2028 owing to increased concerns regarding the health and hygiene of cats
  • The otitis externa disease segment is projected to register considerable growth as it is one of the most common and recurrent problems

Access Press Release@ https://www.grandviewresearch.com/press-release/global-companion-animal-ear-infection-treatment-market

Companion Animal Ear Infection Treatment Market Segmentation

Grand View Research has segmented the global companion animal ear infection treatment market on the basis of product, disease type, mode of administration, animal type, and region:

Companion Animal Ear Infection Treatment Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Anti-bacterial
    • Aminoglycosides
    • Fluoroquinolones
    • Others
  • Anti-fungal
  • Corticosteroids
  • Others

Companion Animal Ear Infection Treatment Disease Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Otitis Externa
  • Otitis Media
  • Otitis Interna

Companion Animal Ear Infection Treatment Mode of Administration Outlook (Revenue, USD Million, 2016 - 2028)

  • Topical
  • Oral
  • Otic

Companion Animal Ear Infection Treatment Animal Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Dogs
  • Cats
  • Others

Companion Animal Ear Infection Treatment Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Companion Animal Ear Infection Treatment Market

  • Zoetis
  • Elanco
  • Dechra Pharmaceuticals
  • Merck & Co., Inc.
  • Vetoquinol
  • Penn Veterinary Supply, Inc.
  • Virbac S.A.
  • Ceva Santé Animale
  • Vedco, 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.

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

 Biohacking Market Growth & Trends

The global biohacking market size is anticipated to reach USD 63.7 billion by 2028, registering a CAGR of 19.4% over the forecast period, according to a new report by Grand View Research, Inc. Various initiatives by market players and rising funds for biohacking are the major factors fueling the market growth. The adoption of biohacking practices is growing due to their potential applications in decreasing the risk of developing a disease, especially genetically associated diseases, helping an individual to achieve mental, physical, or emotional changes, such as weight loss or reducing depression symptoms; and optimize general functions of the body, such as blood pressure.

The global market has been significantly affected by the COVID-19 pandemic. Some of the major impacts of COVID-19 on the market include supply chain disruptions, a decline in sales, and low demand. However, biohackers in the industry are investing in some research activities for the development of COVID-19 vaccines as well as test kits. This neutralized the market growth in 2020. For the purchase of equipment and materials, biohackers require basic funding. Other than crowdfunding, most of the activities at these labs are self-funded through membership and workshop fees. Furthermore, private donations are also used for raising money.

Oura Health, manufacturer of the Oura ring, a sleep-improvement and sleep tracking platform, raised USD 20 million in Series B funding led by MSD Capital in December 2018. The global market is fairly competitive. Most of the market players have undertaken strategies, such as new product launches, acquisitions, and partnerships, to gain a competitive edge over each other. For instance, in September 2020, Apple Inc. partnered with the government of Singapore for launching a national health initiative using Apple Watch. With this, the country made an effort to leverage technology for delivering advanced health benefits to its citizens.

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Biohacking Market Report Highlights

  • The wearables segment held the largest revenue share in 2020 owing to the high demand for wearables across the globe
  • The monitoring application segment led the market with a revenue share of more than 28.17% in 2020 owing to high product adoption for monitoring patient health conditions
  • The forensic laboratories segment is expected to register the second-fastest CAGR from 2021 to 2028 owing to the rising application of biohacking practices in forensic laboratories
  • In 2020, North America held the dominant share of the overall revenue owing to the presence of several key market players in the region, especially in the U.S.
  • Europe held the second-largest revenue share in 2020 and will expand at a steady CAGR from 2021 to 2028
  • Asia Pacific is expected to record the fastest CAGR over the forecast period owing to the presence of technologically advanced healthcare infrastructure along with favorable government initiatives

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

Biohacking Market Segmentation

Grand View Research has segmented the global biohacking market on the basis of the product, application, end user, and region:

Biohacking Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Wearables
  • Implants (Chips)
  • Gene Modification Kits
  • Smart Drugs
  • Supplements
  • Mobile Apps
  • Others

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

  • Monitoring
  • Treatment
  • Research
  • Others

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

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

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

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

List of Key Players of Biohacking Market

  • Apple, Inc.
  • The ODIN
  • Thync Global, Inc.
  • Fitbit, Inc.
  • Moodmetric
  • HVMN, Inc.
  • Muse (Interaxon, Inc.)
  • Thriveport, LLC
  • TrackMyStack
  • OsteoStrong

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.

Tuesday, 6 July 2021

Cellular Health Screening Market Precise Analysis on Business Overview, Product Scope And Ongoing Market Development 2028

 Cellular Health Screening Market Growth & Trends

The global cellular health screening market size is expected to reach USD 3.47 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to grow at a CAGR of 6.3% from 2021 to 2028. The rising adoption of telomere performance programs and increased awareness regarding the importance of Healthy Adjusted Life Expectancy (HALE) are anticipated to be major factors boosting the market growth during the forecast period. In the recent past, an increasing number of individuals have been utilizing cellular health screening tests, such as telomere tests, to understand biomarkers of cell aging. Tests such as those facilitating insights into telomere length and activity have proven to provide data on lifestyle and stress factors.

Several studies have proved that chronic and acute stress causes cell aging. Physical activity, sleep & psychological disorders, and drinking & smoking habits cause changes in cellular aging differently. The use of telomere test provides insights into metabolic and genetic diseases providing clinicians with early diagnosis and timely & personalized treatment plans for patients. Thus, rising awareness and growing research surrounding cellular screening have led to increased demand for kits and tests, facilitating market growth in recent years.

The need for research on cellular screening has increased owing to its various uses in preventive health and its ability to understand correlations between telomere length and aging. Bio cell-based screenings are mostly recommended over a period of time, facilitating patients to compare results and understand what changes are to be undertaken. Tracking these changes in cellular health in between screenings facilitates immediate changes to be implemented in terms of health protocols and overall improvement of disease management.

Furthermore, the accumulation of old malfunctioning cells is associated with age-related illnesses. Research has now proven that these can be reversed using several cellular health techniques as demonstrated in various animal studies. Thus, continuous research and development in the fields of genomics, proteomics, and protein expression are anticipated to further boost market growth.

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Cellular Health Screening Market Report Highlights

  • The introduction of advanced cell health screening tests and rising awareness about the importance of HALE are responsible for the market growth
  • Based on test type, single test panels accounted for the largest revenue share in 2020 owing to their high use in key markets
  • Based on collection sites, the home segment is projected to register the fastest CAGR of more than 7% over the forecast period
  • North America was the largest regional market in 2020 due to high awareness about preventative healthcare and quick adoption of technologically advanced products in the U.S.
  • Asia Pacific is anticipated to exhibit the fastest CAGR over the forecast period due to the growing geriatric population in countries, such as Japan, China, and India

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

Cellular Health Screening Market Segmentation

Grand View Research has segmented the global cellular health screening market on the basis of test type, sample test, collection sites, and region:

Cellular Health Screening Test Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Single Test Panels
    • Telomere Tests
    • Oxidative Stress Tests
    • Inflammation Tests
    • Heavy Metals Tests
  • Multi-test Panels

Cellular Health Screening Sample Test Outlook (Revenue, USD Million, 2016 - 2028)

  • Blood
  • Saliva
  • Serum
  • Urine

Cellular Health Screening Collection Sites Outlook (Revenue, USD Million, 2016 - 2028)

  • Home
  • Office
  • Hospital
  • Diagnostic Labs

Cellular Health Screening Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Cellular Health Screening Market

  • Telomere Diagnostics
  • SpectraCell Laboratories
  • Life Length
  • Repeat Diagnostics, Inc.
  • Cell Science Systems Corp.
  • Quest Diagnostics
  • LabCorp Holdings
  • OPKO
  • Genova Diagnostics
  • Immunodiagnostik AG
  • DNA 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.

Cat Litter Products Market to Record an Exponential CAGR by 2028: Grand View Research Inc.

 Cat Litter Products Market Growth & Trends

The global cat litter products market size is estimated to reach USD 13.44 billion in 2028, registering a CAGR of 4.0% from 2021 to 2028, according to a new report by Grand View Research, Inc. Increasing number of cat owners across the globe is expected to positively impact market growth. Most cat owners prefer not to let their cats outside of the house owing to human hostility and adverse weather conditions. These factors are expected to drive product demand over the forecast period. On the basis of distribution channels, the market is segmented into retail & supermarket and online platforms.

Consumer inclination towards a one-stop shopping experience is generating higher product sales through the retail & supermarket channel. However, the online platform segment is projected to witness the fastest CAGR from 2021 to 2028 owing to the rising usage of smartphones across the country. The retail and supermarkets segment accounted for a market share of 76.6% in 2020. This segment is projected to grow at a steady CAGR during the forecast period. As per the Packaged Facts survey data, supermarkets, such as Walmart, top the list as cat litter products destinations among cat owners.

Consumers are more likely to opt for lower-priced non-discretionary pet products, such as pet food and cat litter products. Companies are facing adverse effects; for instance, several companies are meeting the increasing consumer demand but are facing distribution and inventory issues down the supply chain. The demand for traditional litter products is driven by a high preference for complete odor removal that is associated with cat urine and feces. Conventional products are commonly made up of wood chips and non-biodegradable clay matter, calcium silicate, and clay crystals.

According to Boxscoop Designs Inc., the yearly expenditure for cat litter, such as corn, grass, and walnut, for one large cat is USD 90, USD 87, and USD 75 respectively for Boxscoop cat litter, and is USD 147 for clay litter. This is estimated to drive the growth of the conventional segment over the forecast period. Clumping cat litter product is primarily made of sodium bentonite. Multiple product varieties including biodegradable-based premium ultra-clumping, clay-based premium ultra-clumping, and clay-based standard clumping are available in the market.

Silica cat litter comprises silica gel crystals, which are often used as preservatives in packaged foods, medications, and other products that get easily damaged by excess moisture. Silica raw material usually generates less waste compared to other raw materials. Companies are focusing on expanding and establishing new manufacturing units to compete with rival firms. For instance, in February 2019, Nestlé Purina announced the expansion of its Bloomfield factory in Southeast Missouri, where Tidy Cats brand cat litter is made. Companies are also investing in mergers and acquisitions to strengthen their market position.

For instance, in March 2018, Kent Pet Group, Inc., a business unit of Kent Corp., acquired FibreCycle Pty. Ltd., an Australian manufacturer of recycled-paper cat litters and small-pet bedding brands. The Covid-19 pandemic has significantly influenced consumer purchase decisions. The demand for home care and healthcare products along with personal and pet hygiene products has increased, which will support market growth.

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Cat Litter Products Market Report Highlights

  • The clumping segment led the market in 2020 and accounted for a share of 76.0% and will expand further at the fastest CAGR from 2021 to 2028
  • The clay raw material segment accounted for a market share of 83.6% in 2020 and is expected to grow at a steady CAGR from 2021 to 2028
  • The retail and supermarkets distribution channel segment accounted for the largest revenue share of 76.6% in 2020
  • North America led the global market in 2020 and is expected to grow at a CAGR of 3.7% over the forecast period
  • The Middle East & Africa regional market is expected to account for a total market share of 4.0% by 2028

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

Cat Litter Products Market Segmentation

Grand View Research has segmented the global cat litter products market on the basis of product type, raw material, distribution channel, and region:

Cat Litter Products Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Clumping
  • Conventional

Cat Litter Products Raw Material Outlook (Revenue, USD Million, 2016 - 2028)

  • Clay
  • Silica
  • Others

Cat Litter Products Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

  • Retail & Supermarkets
  • Online Platform

Cat Litter Products Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Cat Litter Products Market

  • The Clorox Company
  • Nestlé S.A.
  • Oil-Dri Corporation of America
  • Church & Dwight Co., Inc.
  • Pettex Ltd.
  • Elsey’s
  • Eco-Shell, Inc.
  • RETTENMAIER & SÖHNE GmbH + Co KG (JRS)
  • von Gimborn GmbH
  • Kent Corp.
  • Intersand
  • Sinchem Silica Gel Co., Ltd.
  • Weihai Pearl Silica Gel Co., Ltd.
  • Cereria Ronca Srl
  • Silgan Holdings, 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.

Cochlear Implant Market Advanced Technologies and Growth Opportunities Worldwide By 2028

 Cochlear Implant Market Growth & Trends

The global cochlear implant market size is expected to reach USD 4.0 billion by 2028, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.5% from 2021 to 2028. Supportive initiatives by governments and various organizations, a rise in bilateral fittings, and an increasing diagnosis rate are expected to boost market growth during the forecast period. Key players in the region are conducting research activities to improve the patient experience. In February 2021, Cochlear Ltd. partnered with hearing health experts for conducting clinical trials for an investigational glucocorticoid-releasing cochlear implant. The study aims to evaluate the effect of the medical device in about 120 adults in the U.S. and Australia with moderate to profound sensorineural hearing loss.

An annually increasing investment in R&D activities for product innovation enables manufacturers to compete with other players to achieve a greater market stronghold. Cochlear Ltd. in 2019 increased its investment by 10.0%, and it employed 26.0% more employees as compared to 2018 to attain organizational growth. The launch of Nucleus Profile Plus Series cochlear implant in the U.S. and Germany by Cochlear Ltd. and HiRes Ultra 3D cochlear implant by Sonova are some of the product launches witnessed by the market in 2019.

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Cochlear Implant Market Report Highlights

  • Unilateral implants led the type of fitting segment during the year 2020. However, the bilateral segment is expected to grow at the fastest rate during the forecast period. The demand for bilateral implantation in children is growing due to their cost-effective nature and better speech recognition in noise
  • Based on end-use, the pediatric segment is expected to exhibit the fastest growth during the forecast period due to increasing utilization of the medical device by pediatric patients and the high prevalence of hearing loss among children. According to NIDCD, two out of three children in the U.S. are born with some level of hearing loss in either or both ears
  • Europe held the largest revenue share in 2020. However, in Asia Pacific, the market is expected to grow at the fastest rate during the forecast period. This can be attributed to the rapidly increasing geriatric population coupled with rising awareness about hearing aidsand the local presence of key market players in the region
  • The industry is witnessing product launches and initiatives for business expansion. For instance in February 2018, Cochlear began the development of the Sino-Australia International Hearing Hub in China and its new manufacturing facility. The manufacturing facility will help cochlear in the expansion of its global production capacity of implants. The launch of Nucleus Profile Plus Series cochlear implant in the U.S. and Germany by Cochlear Ltd. and HiRes Ultra 3D cochlear implant by Sonova are some of the product launches witnessed by the market in 2019.

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

Cochlear Implant Market Segmentation

Grand View Research has segmented the global cochlear implant market on the basis of type of fitting, end-use, and region:

Cochlear Implant Type Of Fitting Outlook (Revenue, USD Million, 2016 - 2028)

  • Unilateral
  • Bilateral

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

  • Adult
  • Pediatric

Cochlear Implant Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Cochlear Implant Market

  • Cochlear Ltd.
  • Sonova
  • MED-EL Medical Electronics
  • Demant A/S
  • NurotronBiotechnolgy Co. Ltd.

About Grand View Research

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

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

 Corrugated Board Market Growth & Trends

The global corrugated board market size is expected to reach USD 149.7 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.5% over the forecast period. The product demand is projected to be driven by the growth in e-commerce packaging and the rising usage of eco-friendly packaging solutions across the world due to strict regulations by regional governments.

The increased dependency on e-commerce retail supported by growing smartphone and internet usage in countries, such as China and India, has resulted in the growth of home delivery services, accelerating the demand for safer packaging solutions. Increasing penetration of the e-commerce industry in emerging economies with a rising trend of m-commerce is expected to fuel the market growth.

Boxes made up of corrugated boards provide cost-effective and sustainable transportation of the goods, which drives their demand in the packaging industry. The lower weight of single-wall style boards is expected to drive the market. Lowering the packaging weight further reduces the space required for storage, eventually reducing the overall shipping cost of the products. Therefore, the single wall board style is likely to witness the fastest CAGR in the forecast period.

The corrugated boards are deemed safe for packaging various goods and increasing their shelf life by protecting them from environmental conditions, such as temperature changes and external pressure. Therefore, paper-based packaging is being adopted in multiple end-use industries, such as food & beverages, pharmaceuticals, cosmetics, electronics, and others. The growing food service and FMCG markets globally are also among the key factors driving the product demand.

The market in Europe is expected to hold a market share of over 29% by 2028 due to a growing demand for the packaging of products like fresh food and personal care. Stockpiling of such essential products during the COVID-19 pandemic in 2020 further led to a surge in demand for packaging products. The spike in demand resulted in a gap between the supply of raw materials, such as Old Corrugated Containers (OCC), and the distribution of finished products.

Asia Pacific is expected to be the fastest-growing regional market from 2021 to 2028 due to supportive government initiatives that promote the usage of paper packaging solutions. Foreign Direct Investments (FDIs), as well as investments in the number of projects in the packaging in Asian countries, are likely to grow at a rapid pace fueling the market growth.

For instance, the report, ‘Global Forest Products Facts And Figures 2018’ of the Food and Agriculture Organization of the United Nations, states that China is one of the largest paper and paperboard producers globally accounting for 104 million tonnes of production in 2018. Therefore, increasing paperboard demand with rising production capacity would favor the growth of the market growth in the region.

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Corrugated Board Market Report Highlights

  • The A-Flute type segment is projected to ascend at a CAGR of 7.3% over the forecast period
  • A-flute is the thickest type among all flute types and provides an excellent cushioning effect, which makes it suitable for use in the packaging of fragile and delicate products
  • The double wall board style segment accounted for 23% of revenue share in 2020
  • It is suitable for shipping bulky or high-priced precious products due to a double layer of a corrugated medium that offers greater protection from stress and prevents breakage or damage to the packed items
  • Companies have been trying to increase their production capabilities and expand their geographic reach
  • For instance, in October 2018, Smurfit Kappa acquired a corrugated plant called Avala Ada d.o.o. Beograd and Fabrika Hartije d.o.o. Beograd (‘FHB’) in Belgrade to expand the footprint of Smurfit Kappa in Southeast Europe

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

Corrugated Board Market Segmentation

Grand View Research has segmented the global corrugated board market based on flute type, board style, and region:

Corrugated Board Flute Type Outlook (Volume, Million Tons; Revenue, USD Million, 2017 - 2028)

  • A-Flute
  • B-Flute
  • C-Flute
  • E-Flute
  • F-Flute
  • Others

Corrugated Board Style Outlook (Volume, Million Tons; Revenue, USD Million, 2017 - 2028)

  • Single Face
  • Single Wall
  • Double Wall
  • Triple Wall

Corrugated Board Regional Outlook (Volume, Million Tons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Corrugated Board Market

  • International Paper
  • Georgia-Pacific
  • WestRock Company
  • Packaging Corporation of America
  • Stora Enso
  • Oji Holdings Corp.
  • Smurfit Kappa
  • Port Townsend Paper Company
  • Mondi
  • DS Smith

About Grand View Research

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

Monday, 5 July 2021

Toothbrush Sterilizer Market Set to Surge Significantly During 2021-2028: Grand View Research Inc.

 Toothbrush Sterilizer Market Growth & Trends

The global toothbrush sterilizer market size is expected to reach USD 247.7 million by 2028, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 17.4% from 2021 to 2028. Increasing harmful oral infection, growing demand for UV sterilization, coupled with the growing number of COVID-19 cases, increases the demand for toothbrush sterilizers in the residential and commercial segment. Also, the concept of UV sterilization or disinfection in the world is expected to contribute to market growth.

According to the International Ultraviolet Association (IUVA), a mercury UV lamp with a wavelength of 254 nm could destroy 99 percent of SARS-CoV-2, also known as the coronavirus. In this antimicrobial range, UV sterilization equipment uses a very low dose of UV light and takes less time to inactivate a virus. Hence, UV sterilization has been used in toothbrushes to keep harmful diseases away from the mouth and reduce the coronavirus spread.

The nationwide lockdowns have, however, triggered some disruption and restrictions in the world's distribution networks. Since it is impossible to perform services on the ground due to the pandemic, the industry has been forced to work in the virtual world's online platform. As a result, large companies have gone digital, and their services represent the changing developments in the online market.

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Toothbrush Sterilizer Market Report Highlights

  • The wall-mounted segment dominated the market in 2020 due to the high preference for these products among consumers from both the residential and commercial sectors.
  • The Portable segment is projected to be the fastest-growing segment and is expected to witness a CAGR of 17.7% over the forecast period
  • The plugin mode of charging segment was valued at USD 46.6 million in 2020 and is expected to reach USD 162.4 million by 2028
  • The residential segment is expected to witness a CAGR of 17.5% from 2021 to 2028. The growing number of residential constructions, rapid urbanization, an increasing number of nuclear families are acting as major drivers for the segment’s growth
  • North America is expected to remain at the forefront regarding market share and is projected to witness a CAGR of around 17.0% in the coming years

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

Toothbrush Sterilizer Market Segmentation

Grand View Research has segmented the global toothbrush sterilizer market on the basis of mounting type, charging mode, application, and region:

Toothbrush Sterilizer Mounting Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Wall Mounted
  • Portable

Toothbrush Sterilizer Charging Mode Outlook (Revenue, USD Million, 2016 - 2028)

  • Battery Operated
  • Plug In

Toothbrush Sterilizer Application Outlook (Revenue, USD Million, 2016 - 2028)

  • Residential
  • Commercial

Toothbrush Sterilizer Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Toothbrush Sterilizer Market

  • Koninklijke Philips N.V.
  • Dastmalchi
  • Conair
  • Ningbo Seago Electric Co., Ltd
  • Wellness Oral Care
  • Tao Clean
  • Puretta
  • Wonderchef
  • UVNIA
  • Pursonic

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.

Spa Market Revenue is Expected to Reach USD 117.9 Billion by 2028: Grand View Research Inc.

 Spa Market Growth & Trends 

The global spa market size is expected to reach USD 117.9 billion by 2028, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 12.1% from 2021 to 2028. Unhealthy lifestyles have increased the need for stress management, mental clarity, and system detoxification. The growing need to maintain a physically and mentally healthy lifestyle is expected to drive the market. Moreover, rising disposable incomes, changing lifestyles, and an increasing population are expected to propel market growth.

The coronavirus (COVID-19) pandemic had a significant impact on the industry, as businesses were forced to close or enforce stringent hygiene requirements and regulations for their workers and visitors. In a March 2020 survey of the spa industry professionals worldwide, 31.0% predicted that the number of spa visits decreased by more than 70.0% during the pandemic compared to the same period the previous year.

The ability to avoid unwanted interaction can lead to set new standards for the hotel industry. Sanitizers are the new tabletop focus and all staff members are expected to wear face masks and gloves. Hotel owners and asset managers are planning new SOPs and safety measures during the hotel closure and ensuring transparency and direct contact with guests.

New wellness-based digital platforms including online yoga sessions via live stream to customers, create an opportunity to invest in digital health. Companies are increasingly focusing on and investing in sponsorships and strategic partnerships as these growth strategies help target a larger audience and increase brand visibility. Also, these strategies allow companies to interact with the right audience. Moreover, the growing sustainability and popularity of brands aid in generating more revenue.

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Spa Market Report Highlights

  • The hotel/resort spa segment dominated the market and accounted for the largest revenue share in 2020 due to the rising wellness tourism worldwide
  • On the other hand, the destination spa segment is likely to witness the fastest growth over the forecast period due to the growing demand for traditional spas such as Swedish, Ayurveda, and Turkish massage. The majority of people visit destination spas for week-long programs to -start their fitness or work on a particular problem
  • In 2020, Asia Pacific held a majority of the regional market share due to increasing disposable income, increase in wellness tourism, and availability of advanced technological infrastructure
  • In Europe, the market is expected to witness the fastest growth over the forecast period. Due to the growing trend among customers to control, minimize, and relieve stress, lose weight, and take a more positive and holistic approach to their wellbeing
  • The key players account for a considerable market share and have a strong presence across the globe. The growing trend of digitalization in the industry is increasing competition among players and is also presenting opportunities for new entrants in the market

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

Spa Market Segmentation

Grand View Research has segmented the global spa market based on service type and region:

Spa Service Type Outlook (Revenue, USD Billion, 2016 - 2028)

  • Hotel/Resorts Spa
  • Destination Spa
  • Day/Salon Spa
  • Medical Spa
  • Mineral Spring Spa
  • Others

Spa Regional Outlook (Revenue, USD Billion, 2016 - 2028)

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

List of Key Players of Spa Market

  • Planet Beach
  • Hot Springs Resort & Spa
  • Four Seasons Hotel Limited
  • Massage Envy
  • Lanserhof
  • Jade Mountain
  • Rancho La Puerta
  • Mandarin Oriental Hotel Group
  • Omni Hotels & Resorts
  • Emirates Palace Spa

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.

Fetal Monitoring Equipment Market is Thriving $6.16 Billion Revenue by 2030: Grand View Research Inc.

  Fetal Monitoring Equipment Market Growth & Trends The global  fetal monitoring equipment market  size is anticipated to reach USD 6.16...