Thursday, 15 July 2021

Warehouse Execution System Market to Register Stable Expansion During 2021 – 2028: Grand View Research Inc.

 Warehouse Execution System Market Growth & Trends

The global warehouse execution system market size is expected to reach USD 2.97 billion by 2028, registering a CAGR of 14.2% from 2021 to 2028, according to a new report by Grand View Research, Inc. The E-commerce market is growing at a rapid pace, increasing the number of operations in Distributions Centers (DCs). Increasing order volume and speed is facilitating the adoption of advanced software solutions in warehouses, which is escalating the demand for Warehouse Execution Systems (WES) in the market.

Warehouse execution system software offers several functionalities that include labor management and planning and inventory management. Companies that implement WES into their warehouses/distribution centers majorly utilize these two functions of WES. Moreover, the software also encompasses real-time analytics and reporting functions enabling users to visualize operational and labor data in real-time.

WES can be a perfect single solution for several warehouses; however, it may not be suitable for warehouses with larger and complex operations. In such cases, the replacement of the existing WMS solutions may not be a feasible option. Therefore, WES can be integrated within the existing WMS. The ability of WES solutions to be implemented with WMS or WCS software makes it a practical solution for large warehouses or DCs. Moreover, as companies are increasingly adopting various automation technologies to suffice the increasing operational activities, advanced software solutions such as WES are also gaining traction in the market.

Further, due to the stringent government regulations, it is becoming crucial that manufacturers and distributors focus on not supplying damaged products to the end-users. Damaged or contaminated products may result in product recall scenarios, thereby degrading the brand value. Such instances are reduced by the implementation of a warehouse execution system as it encompasses the traceability feature, which indicates the presence of damaged products in the inventory.

The increased burden on the warehouses due to the outbreak of the COVID-19 pandemic has motivated distributors and logistics providers to adopt various automation technologies. The advanced features of the WES software and the combined benefits of WMS and WCS offered by the software are resulting in the increased adoption of WES among the various industries, including healthcare, automotive, food & beverage, among others.

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Warehouse Execution System Market Report Highlights

  • The market is majorly driven by the growing need to improve the efficiency of the warehouses and distribution centers
  • The software segment accounted for the largest revenue share of more than 68% in 2020. This is primarily attributable to the cost and operational benefits such as enhanced productivity and improved visibility, among others, offered by the WES software
  • The cloud-based deployment segment held the majority share in the market and is also projected to register the fastest CAGR over the forecast period. Cloud-based systems reduce the upfront cost of software implementation to a significant level which is contributing to the high revenue share and growth
  • The third-party logistics(3PL) segment held the largest share in the market in 2020. The high growth of the e-commerce industry and the subsequent increasing complexity of the logistical operations are contributing to the segmental growth
  • Some of the prominent players in the WES market include Honeywell International Inc.; SSI SCHAEFER; Manhattan Associates; Fortna Inc.; and Bastian Solutions, LLC

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

Warehouse Execution System Market Segmentation

Grand View Research has segmented the global warehouse execution system market based on component, deployment, end-user, and region:

Warehouse Execution System Component Outlook (Revenue, USD Million, 2017 - 2028)

  • Software
  • Service
    • Consulting
    • Installation & Integration
    • Training and Support & Maintenance

Warehouse Execution System Deployment Outlook (Revenue, USD Million, 2017 - 2028)

  • On-premises
  • Cloud

Warehouse Execution System End-user Outlook (Revenue, USD Million, 2017 - 2028)

  • Consumer Electronics
  • Healthcare
  • Food & Beverages
  • Automotive
  • Third-Party Logistics (3PL)
  • Others

Warehouse Execution System 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 Warehouse Execution System Market

  • Honeywell International Inc
  • Fortna Inc.
  • SSI SCHAEFER
  • Manhattan Associates
  • Bastian Solutions, LLC
  • VARGO
  • Matthews International Corporation
  • Invata Intralogistics
  • Softeon
  • WESTFALIA TECHNOLOGIES, 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.

Wednesday, 14 July 2021

Active Pharmaceutical Ingredients CDMO Market to Witness Soaring Growth During 2021 – 2028: Grand View Research Inc.

 Active Pharmaceutical Ingredients CDMO Market Growth & Trends

The global active pharmaceutical ingredients CDMO market size is expected to reach USD 136.1 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.7% from 2021 to 2028. Increasing pharmaceutical R&D investment, patent expirations, and rise in demand for generic drugs and biologic innovation are the factors driving the market.

The growth of small molecules, rising Active Pharmaceutical Ingredient (API) complexity, and the need to reduce costs are factors contributing to the rapid expansion of outsourcing services in the pharmaceutical sector. Only a few companies have achieved global reach and scale in the Contract Development and Manufacturing Organization (CDMO) sector, which is still fragmented. Besides, many companies are providing one-stop-shop solutions as an integrated source of APIs and formulations.

However, due to the COVID-19 pandemic, governments worldwide have opted to boycott APIs made in China. Due to government-imposed lockdown limitations in China, 44 firms were declared non-operational during the pandemic. As a consequence, various countries have launched programs to develop their own APIs, and countries across the EU have re-evaluated their healthcare models in order to combat the virus and ensure a steady supply of APIs.

COVID-19 has placed unprecedented expectations on API makers, as evidenced by the substantial increase in demand for medications required to manage critically ill patients on mechanical ventilation. As a result, the sudden need to rapidly increase production has emphasized the need for adaptability for API CDMOs in maintaining drug supply, with some companies proving better able to withstand the pressures of quick scale up than others. 

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Active Pharmaceutical Ingredients CDMO Market Report Highlights

  • The traditional active pharmaceutical ingredient dominated the market and accounted for the largest revenue share of 40.5% in 2020
  • The innovative drugs segment held 74.6% of the revenue share in 2020. This is largely attributed due to increasing FDA approvals for new molecular entities, and the increased focus on R&D by innovator API companies
  • The oncology segment dominated the market and accounted for the largest revenue share of 35.1% in 2020. This is due to the increasing demand for highly active APIs for cancer therapy
  • In Asia Pacific, the market is expected to register the fastest growth rate of 8.9% over the forecast period. Due to the extreme rising number of pharmaceutical companies and contract manufacturing organizations in developing countries like India and China, Asia Pacific is likely to overtake Europe and North America in the near future

Access Press Release@ https://www.grandviewresearch.com/press-release/global-active-pharmaceutical-ingredient-cdmo-market

Active Pharmaceutical Ingredients CDMO Market Segmentation

Grand View Research has segmented the global active pharmaceutical ingredients CDMO market based on product, synthesis, drugs, application, workflow, and region:

API CDMO Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Traditional Active Pharmaceutical Ingredient
  • Highly Potent Active Pharmaceutical Ingredient
  • Antibody Drug Conjugate (ADC)
  • Others

API CDMO Synthesis Outlook (Revenue, USD Million, 2016 - 2028)

  • Synthetic
  • Biotech

API CDMO Drugs Outlook (Revenue, USD Million, 2016 - 2028)

  • Innovative
  • Generics

API CDMO Application Outlook (Revenue, USD Million, 2016 - 2028)

  • Oncology
  • Hormonal
  • Glaucoma
  • Cardiovascular
  • Diabetes
  • Others

API CDMO Workflow Outlook (Revenue, USD Million, 2016 - 2028)

  • Clinical
  • Commercial

API CDMO Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Active Pharmaceutical Ingredients CDMO Market

  • Cambrex
  • Recipharm
  • Thermo Fisher Pantheon
  • Corden Pharma
  • Samsung Biologics
  • Lonza
  • Catalent
  • Siegfried
  • Piramal Pharma Solutions
  • Boehringer Ingelheim

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.

Contact Center As A Service Market is Anticipated To Generate Significant Revenues by 2028: Grand View Research Inc.

 Contact Center As A Service Market Growth & Trends

The global contact center as a service market size is expected to reach USD 10.80 billion by 2028, registering a CAGR of 15.7% from 2021 to 2028, according to a new report by Grand View Research, Inc. The promising future growth prospects of the market can be attributed to the increasing need of businesses to enhance customer experience. To rise above the competition, businesses across the globe place high importance on maintaining a quality customer experience by offering timely and accurate feedback to their consumers.

Businesses have started realizing the value of having a cloud-based customer contact center solution. The Contact Center as a Service (CCaaS) industry is expected to witness significant growth from opportunities created by the migration of the global workforce to the cloud. According to a Microsoft study, around 66% of businesses globally are using at least three communication channels to effectively connect with brands.

The increasing competition in the contact center industry to retain customers is expected to fuel the adoption of CCaaS. These cloud-based services offer solutions and tools that would support representatives while dealing with their customers. Moreover, these services help representatives in offering real-time assistance and eventually boost their customer handling skills.

The COVID-19 pandemic is expected to have a positive impact on the market. The use of CCaaS has allowed organizations to embrace remote working models and continue business operations despite the varying degrees of movement restrictions put in place by regional and national governing bodies. However, the increasing concerns of data security are expected to hamper the market growth over the forecast period. Moreover, CCaaS solutions handle huge data volumes and critical financial data of consumers, which could be at risk of malicious attacks.

North America accounted for the highest revenue share in 2020 and is likely to retain the leading position throughout the forecast period. On the other hand, Asia Pacific is expected to be the fastest-growing regional market during the forecast years owing to the rapid industrial expansion and development in emerging economies of the region, such as China and India. 

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Contact Center As A Service Market Report Highlights

  • The customer collaboration solution segment is expected to witness the fastest CAGR over the forecast period due to the rising focus of businesses on offering enhanced customer satisfaction by solving their issues and promptly attending their calls
  • The managed services segment is likely to register the fastest CAGR from 2021 to 2028
  • The increasing need for monitoring IT operations, data backup & recovery, help desk support, and security is expected to drive the demand for managed services
  • The consumer goods & retail end-use segment is expected to provide promising growth opportunities to the market
  • The increasing usage of online channels for purchasing consumer goods amidst the COVID-19 pandemic is expected to drive the demand for CCaaS in the consumer goods & retail industry

Access Press Release@ https://www.grandviewresearch.com/press-release/global-contact-center-as-a-service-market

Contact Center As A Service Market Segmentation

Grand View Research has segmented the global contact center as a service market on the basis of solution, service, enterprise size, end use, and region:

CCaaS Solution Outlook (Revenue, USD Million, 2016 - 2028)

  • Automatic Call Distribution
  • Call Recording
  • Computer Telephony Integration
  • Customer Collaboration
  • Dialer
  • Interactive Voice Response
  • Reporting & Analytics
  • Workforce Optimization
  • Others

CCaaS Service Outlook (Revenue, USD Million, 2016 - 2028)

  • Integration & Deployment
  • Support & Maintenance
  • Training & Consulting
  • Managed Services

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

  • Large Enterprises
  • Small & Medium Enterprises (SMEs)

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

  • BFSI
  • Consumer Goods & Retail
  • Government
  • Healthcare
  • IT & Telecom
  • Travel & Hospitality
  • Others

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

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

List of Key Players of Contact Center As A Service (CCaaS) Market

  • Alcatel Lucent Enterprise
  • Avaya, Inc.
  • Cisco Systems, Inc.
  • Enghouse Interactive, Inc.
  • Five9, Inc.
  • Genesys
  • Microsoft Corp.
  • NICE inContact
  • SAP SE
  • Unify, 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.

Hydrogel-based Drug Delivery System Market is Estimated To Reach A Valuation of USD 10.6 Billion by 2028: Grand View Research Inc.

 Hydrogel-based Drug Delivery System Market Growth & Trends

The global hydrogel-based drug delivery system market size is anticipated to reach USD 10.6 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.5% from 2021 to 2028. Hydrogels help in achieving spatial and temporal control over the release of the incorporated drug. Therefore, the surging demand for controlled releases drug delivery system across many therapeutic areas is a key factor expected to contribute to market growth during the forecast period.

Hydrogel-based drug delivery systems deliver the therapeutic drug directly at the target site and in a sustained manner. This can leverage beneficial outcomes such as improved efficacy, reduced side effects, and decreased dosage for patients and formulators. Hydrogel-based drug delivery systems are appealing and have been used in many branches of medicine such as oncology, pain management, immunology, cardiology, and wound management.

The unique physical properties of hydrogel attract their interest in use for drug delivery applications. The porosity and drug loading capacity of hydrogels can be adjusted by modifying the density of cross-linking. This helps them to protect liable large drug molecules from degradation increasing the half-life. Many research studies have been carried out to examining the delivery of insulin orally using hydrogel systems. As patient compliance issues are frequently reported with injectable insulins such innovation is expected to be a disruptive technology in the diabetes care market.

There are numerous clinical studies underway specific to hydrogel-based drug delivery systems and various hydrogel technologies have already received regulatory approval for biomedical application. However, the technological challenges including the absence of defined regulatory guidelines, chemistry, complex manufacturing and control paraments, and practical adaptability are major roadblocks in the successful implementation in drug delivery use. For instance, the fabrication of hydrogel is complex and varies significantly depending upon the hydrogel systems.

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Hydrogel-based Drug Delivery System Market Report Highlights

  • Based on polymer origin, the synthetic segment held the largest proportion of market share in 2020
  • The hybrid segment is expected to witness the fastest growth rate over the forecast period owing to the development of stimuli-responsive hydrogel technology
  • The synthetic segment is anticipated to grow fast over the forecast period compared to natural hydrogels due to their high drug loading capacity and improved mechanical strength
  • Based on delivery route, the ocular segment accounted for the largest revenue share in 2020
  • The subcutaneous segment is expected to grow at a healthy rate over the forecast period owing to the increasing number of clinical and pre-clinical studies carried out
  • North America holds the largest revenue share in this market due to the presence of key companies in the region doing R&D on specific hydrogel-based drug delivery systems
  • In Asia Pacific, the market is expected to grow at the fastest rate over the forecast period due to large patient base, improving healthcare infrastructure, and surging demand for modern therapies

Access Press Release@ https://www.grandviewresearch.com/press-release/global-hydrogel-based-drug-delivery-system-market

Hydrogel-based Drug Delivery System Market Segmentation

Grand View Research has segmented the global hydrogel-based drug delivery system market on the basis of polymer origin, delivery route, and region:

Hydrogel-based Drug Delivery System Polymer Origin Outlook (Revenue, USD Million, 2016 - 2028)

  • Natural
  • Synthetic
  • Hybrid

Hydrogel-based Drug Delivery System Delivery Route Outlook (Revenue, USD Million, 2016 - 2028)

  • Subcutaneous
  • Ocular
  • Oral Cavity
  • Topical
  • Other

Hydrogel-based Drug Delivery System Region Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Hydrogel-based Drug Delivery System Market

  • GALDERMA
  • Blairex Laboratories, Inc.
  • Johnson & Johnson
  • Bausch and Lomb
  • Medtronic
  • Ocular Therapeutix, Inc.
  • Ferring B.V.
  • Endo International plc
  • Akorn, Incorporated
  • Tolmar Pharmaceuticals, 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.

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

 Spatial OMICS Market Growth & Trends

The global spatial OMICS market size is expected to reach USD 484.22 million by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 10.00% from 2021 to 2028. The COVID-19 pandemic slowed down many industries worldwide. However, this market did not face the extensive negative impact of the pandemic.

Startups and well-established players continued their product development and launched novel solutions, democratized their offerings beyond innovators, and engaged in mergers & acquisitions. The spatial OMICS field originated from hyperplexed imaging; however, key players have shifted toward the development of spatial transcriptomics solutions and products.

Rapid advances in the sequencing of tissues, genes, and single cells have resulted in the emergence of spatial genomic sequencing. Spatial OMICS techniques offer quantitative gene expression data and visualization of DNA and RNA mapping within tissue sections. The development of novel technologies for spatial OMICS is anticipated to create lucrative opportunities for the fields of translational research as well as diagnostics.

The spatial genomics technology segment is expected to expand at the fastest CAGR throughout the forecast period owing to a rise in the launch of novel platforms. The integration of high-throughput solutions in transcriptomics, genomics, and proteomics studies has enabled determining the link between disease occurrence and genome position.

The instruments product held the second-largest share in 2020 owing to the launch of new automated solutions for spatial OMIC studies. For instance, in March 2021, Rebus Biosystems launched the new Rebus Esper spatial omics platform for a better understanding of tissue biology. The new integrated and automated instrument delivers quantitative single-cell, single-molecule data with subcellular resolution and spatial context by using advanced fluidics, imaging, chemistry, and bioinformatics solutions.

The fresh frozen sample type is expected to witness significant growth over the forecast period. The advantages of fresh frozen samples in proteomics are validated by several research studies. For instance, in March 2021, a study concluded that Filter Aided Sample Preparation (FASP) technique yielded 20% more protein identifications by using fresh frozen samples than formalin-fixed, paraffin-embedded (FFPE) samples.

North America held the largest share in 2020 owing to an increase in focus on translational research, rise in government support for genomics and sequencing technologies, high demand for personalized medicine, and the presence of a substantial number of translational and academic research organizations.

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Spatial OMICS Market Report Highlights

  • By technology, spatial transcriptomics accounted for the largest share in 2020 and is projected to maintain its dominance throughout the forecast period as most of the available products are based on mRNA analysis for positional information
  • In terms of product, the consumables segment held the largest revenue share in 2020 owing to the frequent purchase of reagents and probes to run instruments
  • Based on workflow, the instrumental analysis segment dominated the market in 2020 owing to the technological advancements and launch of novel products in the market
  • The fresh frozen sample type is anticipated to expand at a lucrative CAGR from 2021 to 2028 as fresh frozen tissue preserves the native state of proteins and hence are adopted in spatial proteomics analysis
  • On the basis of end use, the academic and translational research institutes dominated the market in 2020 owing to an increase in biomedical research in academic universities

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

Spatial OMICS Market Segmentation

Grand View Research has segmented the global spatial OMICS market on the basis of technology, product, workflow, sample type, end use, and region:

Spatial OMICS Technology Outlook (Revenue, USD Million, 2017 - 2028)

  • Spatial Transcriptomics
    • Sequencing-based Methods
      • Laser capture microdissection (LCM), by tissue type
        • FFPE tissue samples
          • Others
        • Transcriptome in-vivo analysis (TIVA)
        • In situ sequencing
        • Microtomy sequencing
      • IHC
      • Microscopy-based RNA Imaging Techniques, by methods        
        • Single Molecule RNA Fluorescence In-Situ Hybridization (smFISH)
        • Padlock Probes/ Rolling Circle Amplification
        • Branched DNA probes
      • Spatial Genomics
        • FISH
        • Microscopy-based Live DNA Imaging
        • Genome Perturbation Tools
        • Massively-parallel Sequencing
        • Biochemical Techniques
        • Others
      • Spatial Proteomics
        • Imaging Techniques
          • Microscopy
          • Multiplexed Ion Beam Imaging
        • Mass Spectrometry
        • Immunofluorescence Techniques
        • Centrifugation Techniques
        • Others

Spatial OMICS Product Outlook (Revenue, USD Million, 2017 - 2028)

  • Instruments
    • By Mode
      • Automated
      • Semi-automated
      • Manual
    • By Type
      • Sequencing Platforms
      • IHC
      • Microscopy
      • Flow Cytometry
      • Mass Spectrometry
      • Others
    • Consumables
    • Software
      • Bioinformatics tools
      • Imaging tools
      • Storage and management databases

Spatial OMICS Workflow Outlook (Revenue, USD Million, 2017 - 2028)

  • Sample Preparation
  • Instrumental Analysis
  • Data Analysis

Spatial OMICS Sample Type Outlook (Revenue, USD Million, 2017 - 2028)

  • FFPE
  • Fresh Frozen

Spatial OMICS End-use Outlook (Revenue, USD Million, 2017 - 2028)

  • Academic & Translational Research Institutes
  • Pharmaceutical and Biotechnology Companies

Spatial OMICS Regional Outlook (Revenue, USD Million, 2017 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK.
    • France
    • Spain
    • Italy
    • Netherlands
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
  • Latin America
    • Brazil
  • MEA
    • South Africa

 List of Key Players of Spatial OMICS Market

  • 10x Genomics
  • Dovetail Genomics
  • S2 Genomics, Inc.
  • NanoString Technologies, Inc.
  • Seven Bridges Genomics
  • PerkinElmer, Inc.
  • Bio-Techne
  • Danaher Corporation
  • IonPath, Inc.
  • Millennium Science Pty Ltd.
  • Akoya Biosciences, Inc.
  • Fluidigm Corporation
  • Diagenode Diagnostics
  • Biognosys AG
  • Rebus Biosystems
  • Ultivue, Inc.
  • Vizgen Corp.
  • BioSpyder Technologies
  • Bruker
  • Brooks Automation, 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.

Retail Logistics Market to Witness Exponential Growth by 2028: Grand View Research Inc.

 Retail Logistics Market Growth & Trends

The global retail logistics market size is anticipated to reach USD 498.34 billion by 2028, registering a CAGR of 11.8% over the forecast period, according to a new report by Grand View Research, Inc. The new last-mile delivery mechanisms in the retail e-commerce market coupled with the emergence of the Internet of Things (IoT) in the supply chain are expected to drive market growth. An IoT-based supply chain connects several technical devices via sensors installed on these devices and enables procuring the real-time information of numerous critical parameters such as filing rate and temperature.

Technological advancements supported by intelligent distribution robots and automatic goods and sorting systems provide customers with a new smart logistics era. In the new retail format, since most of the links have been digitalized and online in real-time, coupled with the application of new technologies such as big data and AI, helps companies to grasp the real needs of consumers faster and more accurately. It is also used to guide supply optimization and upgrading of chains.

Furthermore, for upgrading existing retail formats, companies, along with managing the traditional distribution channel systems, need to manage emerging businesses such as B2B wholesale distribution, B2C e-commerce, self-service vending machines, and O2O. Besides, the rising globalization and increase in international retailing through improvement in the economy as the export and import of goods lead to increased tax revenue is expected to boost the retail logistics industry growth in the forthcoming years.

The rapid growth of retail e-commerce has brought several opportunities to both emerging and established players in the market. However, retail e-commerce has also witnessed few operational and financial challenges in the recent past. At present, return shipments comprise a considerable part of logistics processes, which come with operational challenges and the ability to drive logistics costs. Moreover, substandard infrastructure can hamper market growth, as players in the market hesitate about expansion and investments.

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Retail Logistics Market Report Highlights

  • The market is anticipated to witness substantial growth during the forecast period, owing to the increasing internet penetration and rise in global trade activities
  • The conventional retail logistics segment accounted for the largest market share in 2020, owing to the rising adoption of conventional retail logistics services by consumers having limited dependence on the Internet and therefore prefer buying from conventional retail stores
  • The supply chain solution segment accounted for the largest market share in 2020, owing to the rising use of cloud-based supply chain solutions helping in tracking & optimizing transportation and managing returns
  • The roadways mode of transport accounted for the largest market share in 2020, owing to the growing demand for roadways vehicles in long distances transportation of retails products, especially in domestics regions
  • Asia Pacific dominated the market in terms of revenue in 2020 and is expected to register significant growth over the forecast period. The growth is attributed to the presence of a large consumer base for retail products in the region
  • Partnerships, collaborations, and business expansions remain the major strategies adopted by the leading market players

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

Retail Logistics Market Segmentation

Grand View Research has segmented the global retail logistics market based on type, solution, mode of transport, and region:

Retail Logistics Type Outlook (Revenue, USD Billion, 2016 - 2028)

  • Conventional Retail Logistics
  • E-Commerce Retail Logistics

Retail Logistics Solution Outlook (Revenue, USD Billion, 2016 - 2028)

  • Commerce Enablement
  • Supply Chain Solutions
  • Reverse Logistics &Liquidation
  • Transportation Management
  • Others

Retail Logistics Mode of Transport Outlook (Revenue, USD Billion, 2016 - 2028)

  • Railways
  • Airways
  • Roadways
  • Waterways

Retail Logistics Regional Outlook (Revenue, USD Billion, 2016 - 2028)

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

List of Key Players of the Retail Logistics Market

  • XPO Logistics, Inc.
  • DSV
  • Kuehne + Nagel International
  • H. Robinson Worldwide, Inc.
  • Nippon Express
  • FedEx
  • Schneider
  • United Parcel Service
  • APL Logistics Ltd
  • DHL International GmbH
  • P. Moller – Maersk

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.

Centrifugal Blood Pumps Market Projected To Be Worth USD 126.7 Million By 2028: Grand View Research Inc.

 Centrifugal Blood Pumps Market Growth & Trends

The global centrifugal blood pumps market size is estimated to reach USD 126.7 million by 2028, registering a CAGR of 5.4% over the forecast period, according to a new report by Grand View Research, Inc. Demand for centrifugal blood pumps is increasing owing to its several advantages such as low maintenance costs, small in size, and less capital investment. Thus, such advantages offered by centrifugal blood pumps are estimated to fuel the market growth during the forecast period.

Growing clinical experience and cardiotomy suction devices have led to a significant increase in usage of mechanical centrifugal blood pumps and to the improvement of outcomes after short and long-term support. As the interventional methods in the cardiovascular field continue to develop and a majority of critically ill patients undergo treatment, the demand for mechanical centrifugal blood pumps is increasing drastically in this field.

Changing lifestyles and an increase in the prevalence of lifestyle-associated diseases are also expected to contribute to market growth. The increasing prevalence of diseases such as diabetes, obesity, and cardiovascular diseases coupled with the rising number of geriatric population are fueling the demand for cardiovascular procedures. Treatment of such diseases involves the use of cardiotomy suction devices, which, in turn, is expected to drive the market over the forecast period.

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Centrifugal Blood Pumps Market Report Highlights

  • The electronic segment held the largest revenue share in 2020. High product efficacy is a major factor augmenting segment growth
  • The hospitals segment is predicted to grow at the fastest growth rate over the forecast timeframe due to the increasing number of patient visits and advanced infrastructure in hospitals as compared to other healthcare facilities
  • North America held the largest revenue share in the market in 2020 and is predicted to maintain its dominance over the forecast period. This is attributable to strong per capita healthcare spending and favorable healthcare policies that have led to the introduction of cardiotomy suction devices

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

Centrifugal Blood Pumps Market Segmentation

Grand View Research has segmented the global centrifugal blood pumps market on the basis of type, end use, and region:

Centrifugal Blood Pumps Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Electronic
  • Mechanical

Centrifugal Blood Pumps End-use Outlook (Revenue, USD Million, 2016 - 2028)

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics
  • Others

Centrifugal Blood Pumps Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Centrifugal Blood Pumps Market

  • Medtronic
  • LivaNovaplc
  • Qura srl
  • Abbott Laboratories
  • Terumo Corporation
  • Braille Biomedica Ltd.
  • Getinge AB
  • 3M
  • Baxter International

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.

Joint Replacement Market To Make Great Impact In The Near Future by 2028: Grand View Research Inc.

 Joint Replacement Market Growth & Trends

The global joint replacement market size is expected to reach USD 25.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.4% from 2021 to 2028. The growing incidence of orthopedic diseases and the increasing number of the target population are boosting the market growth.

According to the Centers for Disease Control and Prevention, 1 in every 4 adults in the U.S. is suffering from arthritis in 2019. In addition, it is projected that by 2040, approximately 78 million of the U.S. adult citizens aged 18 years or older will suffer from arthritis diagnosed by doctors. This upsurge in the number of patients suffering from arthritis is increasing the number of joint replacement surgeries.

Moreover, the increasing demand for minimally invasive joint replacement operations is likely to propel the market over the forecast period. In addition, growing awareness about day surgeries, increasing healthcare reimbursement, and rapid adoption of advanced technologies are some of the key factors expected to contribute to market growth over the coming years. The COVID 19 had negatively impacted the market in 2020. However, it started recovering during the third quarter of 2020 and is expected to pace up in the coming years.

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Joint Replacement Market Report Highlights

  • The knee replacement was the largest revenue-generating segment of the market in 2020. This contribution is mainly because of the increased demand for these surgeries and continuous technological advancements
  • The cemented fixation segment dominated the market and accounted for the largest revenue share of over 49.0% in 2020. The associated advantages such as its low revision rate, better acceptance, lesser hospital stay among others are boosting segment growth
  • The total replacement segment held the largest revenue share of over 64.0% in 2020. The growth can be attributed to the increased number of this kind of surgery and continuous technological advancements by the leading industry players
  • The hospitals held the largest revenue share in 2020. The growth can be attributed to advanced treatment options and a large number of patient footfalls
  • North America dominated the market in the year 2020. The growing target population and favorable reimbursement policies along with the advanced healthcare infrastructure are anticipated to contribute to market growth

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

Joint Replacement Market Segmentation

Grand View Research has segmented the global joint replacement market on the basis of product, fixation type, end-use, procedure, and region:

Joint Replacement Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Knees
  • Hips
  • Extremities
    • Upper
    • Lower

Joint Replacement Fixation Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Cemented
  • Cementless
  • Hybrid
  • Reverse Hybrid

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

  • Hospitals
  • Orthopedic Clinics
  • Others

Joint Replacement Procedure Outlook (Revenue, USD Million, 2016 - 2028)

  • Total Replacement
  • Partial Replacement
  • Others

Joint Replacement Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Joint Replacement Market

  • Johnson & Johnson Services, Inc. (DePuy Synthes)
  • Stryker
  • Zimmer Biomet
  • Smith+Nephew
  • DJO, LLC
  • Arthrex, Inc.
  • Exactech, Inc.
  • Conformis
  • MicroPort Orthopedics
  • Corin 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.

Tuesday, 13 July 2021

Cleanroom Technology Market Significant Profits Estimated to be Generated by 2028: Grand View Research Inc.

 

Cleanroom Technology Market Growth & Trends

The global cleanroom technology market size is expected to reach USD 5.0 billion by 2028 and is expected to expand at a CAGR of 5.4% over the forecast period, according to a new report by Grand View Research, Inc. Growing compliance with stringent regulatory standards for new product approvals, technological advancements by key players to provide customized services to manufacturing companies and increase in awareness about contamination-free products coupled with growing demand in biopharmaceutical and pharma companies to develop high-quality products are some of the key factors driving the market growth.

Moreover, an increase in the development of healthcare facilities and an increase in government initiatives to spread awareness are factors anticipated to drive the market. Some of the initiatives responsible for increased awareness about these technologies, such as the establishment of companies dedicated to instructing manufacturing companies about them, online magazines, and cleanroom company directories, are anticipated to boost the market growth in the coming years. Cleanroom Academy, founded in 2008, is an example of an organization dedicated to providing related aids to manufacturing companies to optimize their work processes and training pertaining to this technology.

In addition, the ongoing COVID-19 pandemic has significantly disrupted the supply chain of these consumables including gloves, apparel, wipes, and other cleaning products. This can mainly be attributed to the rapid closure of production sites in China (accounting for 9.0% of global production for disposable gloves) and Malaysia (producing 64.0% of the global volumes of disposable gloves). Thus, a 50.0% fall in the global production capacity owing to which the exceeding demand is left unmatched has impacted the market in a significant way.

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Cleanroom Technology Market Report Highlights

  • The market is anticipated to witness significant growth by 2028, owing to the rapidly increasing incidence of Healthcare-acquired Infections (HAIs)
  • The cleanroom consumables segment dominated the market in 2020, owing to increased demand for products such as disinfectants, gloves, and wipes to combat the COVID-19 situation in medical facilities
  • The pharmaceutical industry segment dominated the market in 2020 owing to growing advancements in pharmaceutical cleanroom technology, both in terms of technicality and regulations
  • North America dominated the market in 2020 owing to the growing presence of developed healthcare infrastructure, rapid implementation of these facilities, and increase in the number of medical/surgical procedures that require adequate standards

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

Cleanroom Technology Market Segmentation

Grand View Research, Inc. has segmented the global cleanroom technology market on the basis of product, end use, and region:

Cleanroom Technology Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Equipment
    • Heating Ventilation and Air Conditioning System (HVAC)
    • Cleanroom air filters
    • Air shower and diffuser
    • Laminar air flow unit
    • Others
  • Consumables
    • Gloves
    • Wipes
    • Disinfectants
    • Apparels
    • Cleaning Products

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

  • Pharmaceutical industry
  • Medical device industry
  • Biotechnology industry
  • Hospitals and diagnostic centers

Cleanroom Technology Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Cleanroom Technology Market

  • Clean Air Products
  • Kimberley-Clark
  • DuPont
  • Terra Universal
  • Labconco
  • Clean Room Depot
  • Integrated Cleanroom Technologies Private Limited
  • Abtech
  • M+W 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.

U.S. Cell Therapy Raw Materials Market Is Projected To Reach Approximately $9.37 Billion By 2033: Grand View Research Inc.

  U.S. Cell Therapy Raw Materials Market Growth & Trends The  U.S. cell therapy raw materials market  size is anticipated to reach USD 9...