Automotive Finance Market is Expected to Amplify USD 394.06 Billion Value by 2028: Grand View Research Inc.

 Automotive Finance Market Growth & Trends

The global automotive finance market size is expected to reach USD 394.06 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.0% from 2021 to 2028. Numerous customers across the globe are checking lending rates and auto prices online to find the financing firms that offer the best deals. This, as a result, the market is aggressively competitive and an ultra-transparent in nature.

Customers who are looking out for a new car seek lenders who have transparent financing practices and user-friendly websites. Auto loan providers are focusing on offering streamlined and simple online financing environments to their customers. These providers are widely adopting Loan Origination Software (LOS) and online systems for effectively structuring loans for their customers.

Numerous automotive finance businesses are upgrading their LOS systems to efficiently support automated decisions. Using LOS systems, lenders benefit from faster response and processing times. Moreover, loan structuring and automated decision enable them to deny or approve online applications within minutes.

Automotive finance businesses are focusing on using machine learning and artificial intelligence tools to structure used and new auto loans more accurately. Furthermore, lenders can easily leverage these innovative technologies in the cloud with the help of LOS vendors. Machine learning and artificial intelligence enable auto lenders to calculate risk and identify perfect borrowers with more accuracy.

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Automotive Finance Market Report Highlights

• The banks' segment is expected to witness significant growth over the forecast period as banks offer secure financing to their customers. Banks also offer customers with the facility to apply for preapproval. This facility helps customers in comparing estimated loan offers
• Numerous customers across the globe prefer direct auto loans as they can easily access and get loans from credit unions, banks, and other loan lending companies
• Customers are focusing on adopting the leasing model as it is a more flexible model in comparison to others for new, shared, and used vehicles that could comprise services such as insurance
• The number of passenger vehicles that include pickup trucks and crossovers on the road continues to rise across the globe, thereby creating growth opportunities for the passenger vehicles segment over the forecast period
• The presence of many prominent automotive finance providers in the European region and the adoption of innovative tools, such as biometrics, e-contracts, and machine learning, is expected to drive the regional market growth over the forecast period

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Automotive Finance Market Segmentation

Grand View Research has segmented the global automotive finance market on the basis of provider type, finance type, purpose type, vehicle type, and region:

Automotive Finance Provider Type Outlook (Revenue, USD Billion, 2016 - 2028)

• Banks
• OEMs
• Other Financial Institutions

Automotive Finance Type Outlook (Revenue, USD Billion, 2016 - 2028)

• Direct
• Indirect

Automotive Finance Purpose Type Outlook (Revenue, USD Billion, 2016 - 2028)

• Loan
• Leasing
• Others

Automotive Finance Vehicle Type Outlook (Revenue, USD Billion, 2016 - 2028)

• Commercial Vehicles
• Passenger Vehicles

Automotive Finance Regional Outlook (Revenue, USD Billion, 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 Automotive Finance Market

• Ally Financial
• Bank of America
• Capital One
• Chase Auto Finance
• Daimler Financial Services
• Ford Motor Credit Company
• GM Financial Inc.
• Hitachi Capital
• Toyota Financial Services
• Volkswagen Financial Services

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.

E-Commerce Automotive Aftermarket To Hold a High Potential for Growth by 2028: Grand View Research Inc.

 E-Commerce Automotive Aftermarket Growth & Trends

The global e-commerce automotive aftermarket size is anticipated to reach USD 143.9 billion by 2028, exhibiting a CAGR of 14.6% over the forecast period, according to a new report by Grand View Research, Inc. The growth can be attributed to the rising availability of automotive replacement equipment on online platforms, thereby enabling customers to access more affordable buying options. Improved supply chain activity with technology deployments such as the Internet of Things (IoT) and automation has boosted the growth of e-commerce platforms in the automotive sector. Further, rising awareness of automotive OEMs to establish an omnichannel presence promotes them to deploy e-commerce practices, thereby offering growth opportunities for the e-commerce aftermarket parts.

The increasing automotive sales and the increasing presence of new automotive players are expected to aid the market growth. The production of new automobiles with diverse technologies facilitates the need to develop new aftermarket products. Furthermore, rising awareness amongst people to adopt electric vehicles promotes automotive companies and OEMs to develop more proficient products, which help increase the efficiency of the electric vehicle. This increasing awareness towards the adoption of electric vehicles is expected to result in higher R&D activities in product development, thereby offering promising growth opportunities to the market.

The Asia Pacific region is expected to record the highest CAGR over the forecast period. This growth is majorly fueled by China due to the increasing number of light motor vehicles in the country, facilitating an increase in the sales of automotive replacement parts. Additionally, the growing average age of the vehicle population and technological innovation in automotive manufacturing practices such as the influx of robots and automation is expected to grow the e-commerce aftermarket over the forecast period. The Chinese government also incentivizes the automotive suppliers to improve automotive aftermarket transparency and presence by enabling independent suppliers to sell Original Equipment Service (OES) parts.

E-tailers are continuously challenging traditional retailers by penetrating the market more effectively. This has led to the emergence of companies such as RockAuto and Tire Rack and also promoted companies such as Alibaba and Amazon to increase investments in the automotive aftermarket sales segment. This has led to an increase in automotive equipment sales via e-commerce channels, and the trend is expected to continue over the forecast period. Moreover, the onset of COVID-19 has promoted people to stay confined to their homes, thus encouraging them to engage in online shopping activities for earlier bought from physical stores, which will help the e-commerce automotive equipment shopping trend stay buoyant.

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E-Commerce Automotive Aftermarket Report Highlights

• The lighting segment is expected to register the fastest growth over the forecast period. The growth can be attributed to the ongoing trend of automobile owners to customize and install new and personalized lighting equipment for interiors and exterior uses
• The business to customer segment is expected to register the highest CAGR over the forecast period owing to the rising acceptance of DIY innovation in automobiles, thereby promoting automobile users to order automotive parts replacement and self-installation
• The Asia Pacific region is expected to dominate the market over the forecast period. This can be attributed to rising economic activity in China and India. The presence of several automotive parts manufacturers in China and their ability to provide affordable and attractive products are offering an impetus to market growth

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E-Commerce Automotive Aftermarket Segmentation

Grand View Research has segmented the global e-commerce automotive aftermarket based on replacement parts, end use, and region:

E-Commerce Automotive Aftermarket Replacement Parts Outlook (Revenue, USD Billion, 2017 - 2028)

• Engine Parts
  • Piston and Piston Rings
  • Engine Valves and Parts
  • Fuel Injection Systems
  • Power Train Components
• Transmission and Steering
  • Clutch Assembly Systems
  • Gearbox
  • Axles
  • Wheels
  • Tires
• Braking Systems
  • Brake Calipers
  • Brake Pads
  • Rotor and Drums
  • Brake Disk
• Lighting
  • Headlamps
  • Tail lamps
  • Others
• Electrical Parts
  • Starter Motor
  • Spark Plugs
  • Battery
  • Others
• Suspension Systems
• Wipers
• Others

E-Commerce Automotive Aftermarket End-use Outlook (Revenue, USD Billion, 2017 - 2028)

• Business to Business
• Business to Customer

E-Commerce Automotive Aftermarket Regional Outlook (Revenue, USD Billion, 2017 - 2028)

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

List of Key Players of the E-Commerce Automotive Aftermarket

• Advance Auto Parts, Inc.
• Alibaba Group Holding Limited
• com
• com, Inc.
• AutoZone Inc.
• CARiD
• E-bay Inc.
• Flipkart Private Limited
• NAPA Auto Parts
• O’Reilly Auto Parts
• RockAuto, LLC
• S. Auto Parts Network, 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.

Treatment Planning Systems And Advanced Image Processing Market Projected to Discern Stable Expansion by 2028

 Treatment Planning Systems And Advanced Image Processing Market Growth & Trends

The global treatment planning systems and advanced image processing market size is expected to reach USD 3.0 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.8% from 2021 to 2028. The increasing prevalence of cancer and rising product development pertaining to cancer research undertaken by key players are driving the market growth. According to estimates published by GLOBOCAN in 2020, 19.3 million new cancer cases were diagnosed and 10.0million cancer-related mortalities recorded.

As per the WHO, cancer is the leading cause of death globally and claims one in every six lives. According to Novartis, there are more than 200 types of cancers prevalent in the world and each requires a unique diagnosis and line of treatment. The growing cancer burden is expected to boost the demand for advanced oncology therapies with accurate and efficient results, thereby aiding the market growth.

Moreover, the oncology space is witnessing innovations and investments by market leaders to develop novel technologies that possess the potential to alter the treatment regime drastically. Advancements in healthcare infrastructure and the unraveling of opportunities in emerging markets are contributing to growth. Governments around the world are promoting public-private collaboration to accelerate product development.

Recent developments in the field of imaging technology have found wide-scale adoption in treatment planning, treatment simulation, and image guidance in radiotherapy processes. For instance, in January 2021, OncoLens raised USD 7.3 million in a Series A funding round. Additionally, General Atlantic invested around USD 200.0 million for launching OneOncology, a company designed for helping community oncology practices with technical data, innovation, and research. Furthermore, Purdue Pharma L.P is investing in its oncology R&D to diversify scientific research in high unmet medical need areas and thereby establishing a potential portfolio of delivering new cancer therapies to patients over the forthcoming years.

Furthermore, Artificial Intelligence (AI) and Machine Learning (ML) are witnessing increased adoption in oncology software systems to improve diagnosis, treatment plan, simulation, and management. The amalgamation of AI/ML has significantly improved diagnosis and imaging segments of oncology care. One such highlight of these deep learning algorithms was detecting skin cancer based on skin photographs.

AI used in cancer screening and detection further aids in treatment planning processes and prevents collateral tissue/organ damage. For instance, the American College of Radiology founded the Data Science Institute to promote collaboration amongst radiologists, private and public agencies to adopt and develop Ai-based imaging solutions. Similarly, the American Society of Clinical Oncology and American Society for Radiation Oncology initiated CancerLinQ and the National Institute of Health founded Big Data to Knowledge initiative. Additionally, the increase in investments in AI for oncology is contributing to market development and growth.

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Treatment Planning Systems And Advanced Image Processing Market Report Highlights

• The market is anticipated to witness significant growth over the forecast period owing to the increasing prevalence of cancer and rising investments in oncology
• Treatment planning software dominated the treatment planning systems and advanced image processing component segment in 2020, owing to increased demand for accurate and precise treatment options
• Validation of image registration application dominated the market in 2020 owing to an increasing need of forming real-time image datasets from multi-modalities and anatomical atlases
• North America dominated the market in 2020 owing to the presence of sophisticated healthcare infrastructure and cancer research institutes coupled with high healthcare expenditures

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Treatment Planning Systems And Advanced Image Processing Market Segmentation

Grand View Research has segmented the global treatment planning system and advanced image processing market on the basis of component, application, technique, and region:

Treatment Planning System & Advanced Image Processing Component Outlook (Revenue, USD Million, 2016 - 2028)

• Advanced Image Processing Software
• Treatment Planning Software
  • Auto-Contouring Software
  • Multi-Modality Software
  • PET/CT Deformable Software
  • DICOM-RT Software

Treatment Planning System & Advanced Image Processing Technique Outlook (Revenue, USD Million, 2016 - 2028)

• 3D Image Reconstruction
• In-Room Imaging
• Image Registration using Graphics Processor Unit

Treatment Planning System & Advanced Image Processing Application Outlook (Revenue, USD Million, 2016 - 2028)

• Adaptive Radiotherapy
• Online Monitoring
• Tracking
• Dose Accumulation
• Validation of Image Registration

Treatment Planning System & Advanced Image Processing Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Treatment Planning Systems And Advanced Image Processing Market

• Accuray Incorporated
• Elekta
• Koninklijke PHILIPS N.V.
• RaySearch Laboratories
• Varian Medical Systems
• Brainlab
• Prowess Inc.
• DOSIsoft SA
• ViewRay Inc.
• MIM Software 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.

Podiatry Services Market Booming Trends and Forecast Assessment for the Period 2021 to 2028

 Podiatry Services Market Growth & Trends

The global podiatry services market size is expected to reach USD 5.0 billion by 2028, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 1.9% from 2021 to 2028. The growing prevalence of diabetes and the growing geriatric population is expected to drive the growth of the market over the forecast period from 2021 to 2028. In addition, the rising awareness regarding foot health care, especially among athletes, is further fueling the market growth.

The associations promoting podiatric medicine services such as The International Federation of Podiatrists, the largest podiatry organization with 28 member countries associated, work together to encourage, educate, and support the podiatrists by creating awareness concerning the services. Furthermore, the inclusion of medical services in healthcare insurance and government initiatives concerning primary care are supporting factors for awareness and adoption of the services.

The market being fragmented in nature; relies on solo practices as the basic model of practice with the majority of the specialists working through clinics. However, with rising inclination towards group-based approach such as the Multidisciplinary Team (MDT) approach to provide patients with integrated and comprehensive care is further propelling the demand for hospitals and outpatient departments.

The Covid-19 pandemic is continuing to have a significant impact on the healthcare industry. Podiatrists are playing a critical role during this pandemic, especially in the prevention of diabetic and vascular foot ulceration and related hospital admissions. However, this pandemic has further given a boost to telemedicine/teleconsultation services. Teleconsultation has helped healthcare professionals to approach their patients with immediate and comprehensive knowledge and better wound assessment skills.

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Podiatry Services Market Report Highlights

• The general podiatry segment held the majority of the market share in 2020 owing to the growing diabetic and geriatric population and their foot problems
• On the other hand, the sports podiatry segment is likely to witness the fastest growth rate over the forecast period owing to the rising demand from people who are engaged in recreational or professional sports and the highest probability of performance-related injuries
• The podiatry offices/clinics segment accounted for the majority of the market share in 2020 as the solo practice is the basic model of podiatric medical practice. Hospitals and outpatient departments are expected to witness the fastest growth over the forecast period owing to the multidisciplinary team approach adopted to provide integrated and comprehensive treatment
• In 2020, North America held the majority of the regional market share owing to the availability of skilled resources and technological advancement, rise in higher disposable incomes, and preventive approach concerning foot healthcare. In Asia Pacific, the market is expected to witness the fastest growth rate over the forecast period
• The market players are capitalizing on the opportunity by creating awareness regarding foot care majorly among the diabetic and geriatric population. The major competitors such as NHS and Kaiser Permanente are further investing to expand the reach and availability of the medical services

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Podiatry Services Market Segmentation

Grand View Research has segmented the global podiatry services market based on type, facility, and region:

Podiatry Services Type Outlook (Revenue, USD Million, 2016 - 2028)

• General Podiatry
• Podiatry Surgery
• Sports Podiatry
• Podopediatrics

Podiatry Services Facility Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals & Outpatient departments
• Podiatry Office / Clinics
• Homecare & Telemedicine

Podiatry Services Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Podiatry Services Market

• Massachusetts General Hospital
• Kaiser Permanente
• The London Podiatry Center
• The Royal Free Hospital
• Fortis Healthcare
• Beijing Puhua International Hospital
• Schoen Clinic

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.

Ready To Drink Cocktails Market Size, Industry Share And Growth Analysis For 2021-2028: Grand View Research Inc.

 Ready To Drink Cocktails Market Growth & Trends

The global ready to drink cocktails market size is expected to reach USD 1775.1 million by 2028, registering a CAGR of 12.0% over the forecast period, according to a new report by Grand View Research, Inc. The growing demand for flavored drinks with low alcohol content due to rising health concerns and increasing consumer inclination toward Ready-To-Eat (RTE) and RTD products, owing to their busy lifestyles and hectic work schedules, is driving the market growth. In terms of type, the spirit-based segment led the market in 2020 and is anticipated to maintain its dominance during the forecast period. Spirit-based drinks have high demand owing to their low alcohol content and the availability of various flavors. The growing demand for low content alcohol-based flavored drinks due to the rising health concerns is anticipated to drive the segment over the forecast period.

The bottle packaging segment accounted for the largest share in 2020. Aluminum shortage in countries has led to the introduction of RTD cocktails in glass bottles, which became popular worldwide over a period of time. Furthermore, increased awareness regarding water and land pollution has prompted the majority of players to launch their products in glass bottles. The supermarkets/hypermarkets distribution channel segment accounted for the largest revenue share in 2020. Supermarkets are well-established distribution channels for manufacturers of RTD cocktails and play a key role in the market since they have a wide consumer reach. The improving scenario of the retail industry is expected to boost the segment growth over the forecast period. The market is fragmented with the presence of a large number of global and regional players.

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Ready To Drink Cocktails Market Report Highlights

• Asia Pacific is expected to register the fastest CAGR during the forecast years
• The low alcohol level and lower price of RTE cocktail drinks as compared to cocktails served at bars make them an ideal choice for young consumers in the Asia Pacific region
• The cans packaging segment is expected to register the fastest CAGR from 2021 to 2028
• The segment growth is credited to the rising consumer demand for convenience and ease-to-carry packaging
• North America led the global market in 2020 due to the high demand for drinks with low alcohol content
• An increased number of breweries and distilleries in the U.S. and Canada are incorporating RTD alternatives, which will drive the regional market growth over the forecast years

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Ready To Drink Cocktails Market Segmentation

Grand View Research has segmented the global ready to drink cocktails market on the basis of type, packaging, distribution channel, and region:

RTD Cocktails Type Outlook (Revenue, USD Million, 2016 - 2028)

• Malt-based
• Spirit-based
• Wine-based

RTD Cocktails Packaging Outlook (Revenue, USD Million, 2016 - 2028)

• Bottles
• Cans

RTD Cocktails Distribution channel Outlook (Revenue, USD Million, 2016 - 2028)

• Hypermarkets/Supermarkets
• Online
• Liquor Stores

RTD Cocktails Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Ready To Drink Cocktails Market

• Diageo plc
• Brown-Forman
• Bacardi Limited
• Asahi Group Holdings, Ltd.
• Pernod Ricard
• Halewood Wines & Spirits
• Shanghai Bacchus Liquor Co., Ltd.
• Suntory Holdings Ltd.
• Manchester Drinks
• Anheuser-Busch InBev

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.

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

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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.

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

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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.