Nicotine Replacement Therapy Market Trends Regulations And Competitive Landscape Outlook to 2028

 Nicotine Replacement Therapy Market Growth & Trends

The global nicotine replacement therapy market size is expected to reach USD 147.9 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 16.3% from 2021 to 2028. The growth of the market is largely attributed to increasing government initiatives to promote nicotine replacement therapy (NRT) products for reducing mortality due to smoking and diseases associated with it.

Smoking cessation campaigns are also playing a crucial role in increasing awareness about diseases that are caused because of smoking. These campaigns are run by regional governments as well as multinational companies, such as Philip Morris International and Altria. Global organizations like the WHO are also working toward creating awareness by running online campaigns. 

There has been an exponential increase in the usage of NRT products. The young population is the largest consumer of advanced NRT products, like heat-not-burn tobacco and e-cigarettes. However, middle-aged patients’ interest in smoking cessation has led to a rise in the usage of e-cigarettes. For instance, the use of e-cigarettes for smoking cessation increased to 20% in 2018 from 13% in 2016 among people aged 45 to 54 years.

Furthermore, researchers found that 5% to 9% of smokers tend to use nicotine patches even after the therapeutic period of 12 weeks. The passive approach of combining nicotine patches with a gum, inhaler, or spray is found to be more effective, and quitting rate reaching 34% to 54%. NRT is only recognized as a way of curbing nicotine cravings and treatment by consumers.

With technological advancements, the players in this market are also developing products to suit the changing consumer preferences. For instance, the e-cigarette market is changing with newer innovations that are more efficient, have longer battery life, and are rechargeable. The existing innovations like sleek and easy-to-use socially acceptable e-cigarettes brought a revolution, which drove more people to shift to using NRTs without social stigma.

Various players such as Nicocigs Ltd.; Nicoventures Ltd.; Victory Electronic Cigarettes Corp.; DuraSmoke; AlternaCig; Shenzhen IVPS Technology CO. Limited; and Vapor Group, Inc. are launching e-cigarettes and related products. Although there are hundreds of companies selling e-cigarettes, their usage in NRT is disputed.

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Nicotine Replacement Therapy Market Report Highlights

• By product, the e-cigarettes segment held the largest NRT market share in 2020 due to increasing investments and the rising focus of companies on developing value-added products. The heat-not-burn tobacco products segment is expected to grow at the fastest rate over the forecast period
• The offline distribution channel segment dominated the market in 2020. Retail chains across the world are investing in advanced technologies and undertaking new initiatives in order to improve sales and attract more customers. The increasing sales of e-cigarettes through vape shops and retail stores is another factor augmenting the growth of this segment
• Asia Pacific held the largest market share in 2020. Favorable government initiatives, coupled with an evolving reimbursement landscape for pharmaceutical products, are supporting continual growth

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Nicotine Replacement Therapy Market Segmentation

Grand View Research has segmented the global nicotine replacement therapy market by product, distribution channel, and region:

NRT Product Outlook (Revenue, USD Billion, 2017 - 2028)

• Nicotine Replacement Therapy
  • Inhalers
  • Gum
  • Transdermal Patches
  • Sublingual Tablets
  • Lozenges
  • Others
• E-cigarettes
• Heat-not-burn Tobacco Products

NRT Distribution Channel Outlook (Revenue, USD Billion, 2017 - 2028)

• Offline
• Online

NRT Regional Outlook (Revenue, USD Billion, 2017 – 2028)

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

List of Key Players of Nicotine Replacement Therapy Market

• Philip Morris Products S.A. (Altria Group)
• British American Tobacco p.l.c.
• Japan Tobacco, Inc.
• Imperial Brands
• Glenmark
• Fertin Pharma
• Cipla Inc.
• Pfizer Inc.
• Johnson & Johnson Services, 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.

Business-to-Business E-commerce Market Industry Analysis , Opportunity Assessment And Forecast Till 2028: Grand View Research Inc.

 Business-to-Business E-Commerce Market Growth & Trends

The global business-to-business e-commerce market size is estimated to reach USD 25.65 trillion by 2028, expanding at a CAGR of 18.7% from 2021 to 2028, according to a study conducted by Grand View Research, Inc. In the first half of 2020, the COVID-19 pandemic impacted several businesses worldwide. However, the lockdown brought a new change with consumers opting for online purchases, paving way for the growth of e-commerce, globally. During this situation several B2B vendors aimed at digital transformation and meeting customer requirements by selling goods and services through online channels. Therefore, the B2B e-commerce market flourished during the pandemic.

The COVID-19 outbreak impacted several businesses negatively due to limited physical contact, particularly B2B vendors. In light of the pandemic, vendors were forced to move online to ensure business continuity. A considerable portion of B2B vendors from developed economies aimed at encouraging customers to opt for online shopping. This was achieved by investing in improved website designs offering an immersive shopping experience with easy payment options. Therefore, the year 2020 witnessed an uptick in the e-commerce business, a trend expected to continue over the forecast period.

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Business-to-Business E-commerce Market Report Highlights

• The global market witnessed improved sales amid the lockdown as consumer buying preferences shifted to online channels of distribution. This change in consumer buying behavior was largely influenced by the virus outbreak that limited physical contact and promoted social distancing
• The intermediary-oriented B2B model registered a strong CAGR exceeding 18% from 2021 to 2028. Lower costs associated with logistics and customer support is expected to favor segment growth over the forecast period
• The supplier-oriented sales model was also popular in 2020 as it helps customers get access to information regarding suppliers from unfamiliar regions or countries. The segment accounted for more than 30% of the overall share in 2020
• Consumer electronics were the most popular choice among customers that favored the proliferation of the market for B2B e-commerce in 2020. The segment over the forecast period is estimated to register a CAGR exceeding 16% from 2021 to 2028
• The Asia Pacific region captured over 60% of the market share in 2020. The proliferation of digital medium for conducting businesses contributed to the segment growth in 2020
• The key industry participants worldwide include eBay Inc.; Amazon.com, Inc.; DIYTrade.com.; ChinaAseanTrade.com; Flipkart.com; IndiaMART InterMESH Ltd.; and KellySearch.com. Improving user experience and aggregating several sellers from different end-use verticals offering a plethora of product options is a key area of focus for several vendors

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Business-to-Business E-commerce Market Segmentation

Grand View Research has segmented the global Business-to-Business e-commerce market based on deployment type, application, and region:

Business-to-Business (B2B) E-commerce Deployment Type Outlook (Revenue, USD Billion, 2017 - 2028)

• Supplier-oriented
• Buyer-oriented
• Intermediary-oriented

Business-to-Business (B2B) E-commerce Application Outlook (Revenue, USD Million, 2017 - 2028)

• Home & Kitchen
• Consumer Electronics
• Industrial & Science
• Healthcare
• Clothing
• Beauty & Personal Care
• Sports Apparels
• Books & Stationary
• Automotive
• Others

Business-to-Business (B2B) E-commerce Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of the Business-to-Business E-commerce Market

• com, Inc.
• eBay Inc.
• com
• IndiaMART InterMESH Ltd.
• com
• KOMPASS

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.

Food Service Disposable Market to Partake Significant Development During 2021 to 2028: Grand View Research Inc.

 Food Service Disposable Market Growth & Trends

The global food service disposable market size is expected to reach USD 79.2 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.9% over the forecast period. The increasing popularity of Quick-Service Restaurants (QSRs), especially in the developing regions, such as Asia Pacific, owing to hectic work schedules is expected to aid the market growth over the forecast period. The online food delivery application segment is expected to register the highest CAGR over the forecast period, which is propelled by the outbreak of COVID-19 causing a rise in online food delivery across the globe. In 2020, the online food delivery services sector was valued at over USD 21.3 billion, which is expected to increase rapidly in the future. Disposable products, such as aluminum foil containers, paper cups, and paperboard boxes, are largely used in the packaging of online food delivery.

The lockdowns imposed in various regions to limit the spread of the disease played a major role in the exponential growth of the market in 2020. Moreover, increased awareness regarding food delivery platforms during the COVID-19 pandemic is expected to augment the growth of online food delivery platforms in the coming years, which, in turn, is likely to drive the market. Food service disposable products are also used in fast service restaurants and establishments, such as food trucks, unlike hotels that mainly use reusable cutlery. The rapid shift of consumer preference from restaurants, hotels, and café to food trucks as a result of rising popularity is expected to benefit the market growth.

Moreover, food trucks offer a variety of cuisines at relatively lower prices than restaurants. They are also increasingly being used as a marketing tool. Restaurants with brick-and-mortar structures are using food trucks to market their unique cuisine as they can easily reach their target customers. Thus, an increasing number of food trucks is expected to favor market growth.

The food service application segment accounted for the highest share in 2020. Fast-food joints, cafes, and only-takeaway food service providers are part of this segment. Certain fast-food chains, such as McDonald’s, only use disposables even if the customers are dining in, due to cost benefits, which is expected to drive the segment growth. Manufacturers are focusing on introducing sustainable products to meet the changing consumer demands. For instance, In July 2019, Huhtamaki launched a new compostable Bioware Impresso double-walled hot cup using sustainable 100% PEFC (Programme for the Endorsement of Forest Certification)-certified paperboard with a plant-based coating on the inside.

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Food Service Disposable Market Report Highlights

• The rigid packaging type segment accounted for the maximum revenue share in 2020 and will expand further at a steady CAGR from 2021 to 2028
• Rigid disposables are made of metals, glass, and plastic, which is easier to recycle than single-use flexible plastic or aluminum foil products
• Moreover, customized rigid packaging made of glass, such as glass bottles for milkshakes, is used to induce a sense of luxury and contribute to the brand value
• The bagasse material segment is expected to register a lucrative CAGR over the forecast period
• Bagasse is proven to be a sustainable and eco-friendly alternative to the conventional production of paper owing to its less energy consumption and higher quality of paper that is suitable for the production of food service disposables

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Food Service Disposable Market Segmentation

Grand View Research has segmented the global food service disposable market on the basis of packaging type, material, application, and region:

Food Service Disposable Packaging Type Outlook (Revenue, USD Million, 2017 - 2028)

• Rigid
  • Plates
  • Cups & Glasses
  • Trays & Containers
  • Bowls & Tubs
  • Mugs & Saucers
  • Lids
  • Others
• Flexible
• Wraps & Films
• Others

Food Service Disposable Material Outlook (Revenue, USD Million, 2017 - 2028)

• Plastic
  • PP
  • PE
  • PS
  • PVC
  • Others
• Paper & Paperboard
• Bagasse
• Polylactic Acid
• Others

Food Service Disposable Application Outlook (Revenue, USD Million, 2017 - 2028)

• Food Service
• Full Service
• Quick Service
• Others
• Online Delivery
• Institutional

Food Service Disposable Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Denmark
  • Norway
  • Sweden
  • Russia
  • Poland
  • The Netherlands
  • Portugal
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa (MEA)
  • South Africa

List of Key Players of Food Service Disposable Market

• Huhtamaki Food Service
• Graphic Packaging International LLC
• Sonoco Products Company
• Sabert Corp.
• Genpak LLC
• Pactiv LLC
• Contital Srl
• Go Pak Group
• R+R Packaging Ltd.
• Interplast Group

About Grand View Research

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

Advanced Analytics Market Significant Profits Estimated to be Generated by 2028: Grand View Research Inc.

 Advanced Analytics Market Growth & Trends

The global advanced analytics market size is estimated to reach USD 74.99 billion by 2028, registering a CAGR of 25.7% over the forecast period, according to a new report by Grand View Research, Inc. The growing usage of analytics by incumbents of the retail, IT and telecom, and BFSI, among other industries, for various functions, such as behavior analytics, buyer pattern recognition, demand forecasting, and trade promotion optimization, is expected to drive the growth of the market. The outbreak of the COVID-19 pandemic has particularly triggered the adoption of advanced analytics as incumbents of various end-use industries are resorting to remote working and are subsequently opting for advanced analytics to ensure operational steadiness and business process optimization leveraging data-based decision-making. On the other hand, the growth of the IT industry in emerging economies, such as Brazil, Argentina, the Philippines, and Egypt, has fueled the demand for workflow optimization, which is subsequently projected to drive the demand for advanced analytics.

Aggressive investments by the incumbents of various capital-intensive industries and industry verticals, such as manufacturing, automotive, and pharmaceutical, in adopting advanced technology and digitalization for process optimization is expected to drive the growth of market growth over the forecast period. The usage of big data analytics in process optimization allows industrial manufacturers to identify variables that are affecting the production quality in real-time, improve the production process promptly, and strengthen the supply chain. At the same time, while the demand for predictive solutions is growing; market players are aggressively launching cutting-edge analytics software solutions that can be offered over the cloud. For instance, Angoss Software Corporation; SAS Institute, Inc.; and International Business Machines Corp.; among others, are offering their respective advanced analytics software solutions primarily over the cloud.

Advanced analytics is emerging as an essential tool for predicting and forecasting trading patterns, electricity consumption patterns, and rush-hour traffic conditions. Advanced analytics can potentially help organizations in improving strategic decision-making, managing operations smoothly, and subsequently augmenting profitability. Apart from incumbents of various industries and industry verticals, such as military and defense, banking, healthcare, and professional services; government agencies are also investing aggressively in big data analytics. The extensive adoption of analytics for processing and protecting the large volumes of data stored leveraging cloud services, such as Google Drive and Microsoft OneDrive, is expected to drive the growth of the market.

The outbreak of the COVID-19 pandemic has prompted organizations to reconfigure and revamp their business operations. Progressive analytics is particularly allowing businesses to revamp their analytical models and data management processes in line with the changing business environments. At this juncture, the measures being implemented to contain the spread of coronavirus, such as lockdowns, restrictions on travel, and work from home and remote working policies, coupled with the changing behavior of end-users are expected to play a vital role in driving the growth of the market over the forecast period.

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Advanced Analytics Market Report Highlights

• The big data analytics segment accounted for the largest market share of over 30% in 2020. The increasing popularity of social media and the rising number of virtual online offices has significantly propelled segment growth
• The cloud segment is expected to grow over the forecast period as businesses can store business data, including procurement data, customer data, and transactional data, on the cloud and adopt cloud-based advanced analytics to support remote working and enable real-time decision making
• The large enterprise segment is expected to witness significant growth over the forecast period as the large enterprises are focusing on improving productivity and efficiency by adopting various advanced analytics solutions, such as business analytics and customer analytics, to efficiently manage large volumes of customer and asset data
• The BFSI segment is projected to register a CAGR of 25.1% from 2021 to 2028. The rising need to optimize processes, identify fraudulent transactions, and facilitate risk handling across banks and financial institutions is expected to drive the growth of the market
• The Asia Pacific regional market is anticipated to reach USD 13.33 billion by 2028. While the growing e-commerceindustry in countries, such as India, China, and Singapore, has increased the demand for predictive analytics and demand forecasting; the growing incidences of fraud in the BFSI industry have also triggered the demand for advanced analytics in the region

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Advanced Analytics Market Segmentation

Grand View Research has segmented the global advanced analytics market based on type, deployment, enterprise size, end-use, and region:

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

• Big Data Analytics
• Business Analytics
• Customer Analytics
• Risk Analytics
• Statistical Analysis
• Others

Advanced Analytics Deployment Outlook (Revenue, USD Million, 2016 - 2028)

• On-premise
• Cloud

Advanced Analytics Enterprise Size Outlook (Revenue, USD Million, 2016 - 2028)

• Large Enterprises
• Small & Medium Enterprises (SMEs)

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

• BFSI
• Government
• Healthcare
• IT & Telecom
• Military & Defense
• Others

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

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

List of Key Players in Advanced Analytics Market

• Altair Engineering, Inc.
• Fair Isaac Corporation
• International Business Machines Corp.
• KNIME
• Microsoft Corporation
• Oracle Corporation
• RapidMiner, Inc.
• SAP SE
• SAS Institute Inc.
• Trianz

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.

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

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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

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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.

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.