Viscosupplementation Market to Incur Meteoric Growth During 2021 to 2028: Grand View Research Inc.

 Viscosupplementation Market Growth & Trends

The global viscosupplementation market size is expected to reach USD 7.6 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 9.37% from 2021 to 2028. Initiatives to increase awareness regarding available treatment, the rising geriatric population, and product advancements are expected to boost market growth during the forecast period. With the growing geriatric population, the burden of osteoarthritis is expected to increase dramatically. As per the Arthritis Foundation, in the U.S., around 54.4 million adults are reported to be diagnosed with doctor-diagnosed arthritis.

Favorable reimbursement policies with respect to the geriatric population are expected to act as an opportunity for market growth. The viscosupplementation business was affected due to the COVID-19 pandemic as many healthcare providers postponed the nonessential patient visits, such as osteoarthritis treatments. Although ease in COVID-19 restrictions regarding surgeries led to a recovery in surgery volume, certain markets, such as Spain, the U.K., and Italy witnessed a low pace of recovery. Asia Pacific held the largest revenue share of the global market in 2020.

In recent years, exponential growth in the number of orthopedic surgeons in developing countries, such as South Korea, Russia, and China, was observed. Asia Pacific region presents high growth potential owing to large patient population and untapped opportunities in comparison with the U.S. Therefore, the introduction of products by the players in Asian countries is further expected to propel the market growth. In July 2017, Anika Therapeutics announced regulatory approval of MONOVISC in India followed by approval in Australia in October 2017.

However, such strategic initiatives were offset to some extent by the impact of the COVID-19 pandemic, which led to the disruption of company operations. Europe is expected to register the fastest CAGR during the forecast period. This can be attributed to a large number of clinical trials being conducted in the region to provide efficient treatment for knee osteoarthritis with the help of stem cells.

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Viscosupplementation Market Report Highlights

• Single-injection led the type segment in 2020 and is expected to register the fastest growth rate over the forecast period due to various factors, such as new product launch and affordability as compared to their counterparts
• For instance, in March 2019, SeikagakuCorp. launched an intra-articular single injection viscosupplement “HyLink” for the therapy of knee osteoarthritis in Italy
• The orthopedic clinics/ASC send-use segment is expected to exhibit the fastest CAGR during the forecast period. The increasing prevalence of osteoarthritis among the geriatric population is one of the major factors expected to contribute to the segment growth
• Collaborations for development & expansion of product portfolios and geographical expansion in emerging markets are key strategies adopted by companies to increase their market share
• For instance, in June 2020, Seikagaku Corporation completed acquiring all shares of Dalton Chemical Laboratories, Inc., an unlisted company in Canada

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Viscosupplementation Market Segmentation

Grand View Research has segmented the global viscosupplementation market on the basis of product, end-use, and region:

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

• Single Injection
• Three Injection
• Five Injection

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

• Hospitals
• Orthopedic Clinics/Ambulatory Surgical Centers (ASCs)

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

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

List of Key Players of Viscosupplementation Market

• Sanofi
• Anika Therapeutics, Inc.
• Seikagaku Corporation
• Zimmer Biomet
• Smith & Nephew PLC
• Ferring Pharmaceuticals B.V.
• Lifecore Biomedical
• LG Life Sciences Ltd.
• FidiaFarmaceutici S.p.A
• Hoffmann-La Roche Ltd.

About Grand View Research

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

Sinus Dilation Device Market to Reflect a Holistic Expansion During 2021 to 2028: Grand View Research Inc.

 Sinus Dilation Device Market Growth & Trends

The global sinus dilation device market size is estimated to reach USD 4.6 billion by 2028, registering a CAGR of 11.0%, according to a new report by Grand View Research, Inc. Changes in lifestyle, increasing cases of obesity, and a resultant rise in the incidence of sinus-related conditions are the major factors contributing to the market growth. The introduction of technologically advanced devices is also one of the key factors boosting market growth. Major market players are focusing on R&D activities to introduce minimally invasive procedures creating a positive impact on the adoption of MIS procedures.

Some of the inventions in the market related to endoscopic approaches include a nasal endoscope, rhinoscopes, and balloon sinus dilation devices. An increase in medical reimbursements across major markets is likely to fuel the market growth. Rising adoption of health insurance and growing per capita expenditure coupled in developed as well as developing countries is predicted to augment the market growth.

In November 2017, Entellus Medical, Inc. announced that Anthem, Inc., an American health insurance company, provided insurance coverage for Balloon Sinus Dilation (BSD) used in the treatment of recurrent acute sinusitis and chronic sinusitis. Anthem, Inc. is a member of the Blue Cross Blue Shield Association, the second-largest health benefits plan provider that covers around 40 million people in the U.S. Other major health insurance companies providing coverage for standalone BSD are Medicare, Aetna, Cigna, TRICARE, Humana, Health Net, Kaiser, and United Healthcare.

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Sinus Dilation Device Market Report Highlights

• The BSD devices segment held the largest revenue share in 2020 and will retain the leading position throughout the forecast period
• The hybrid procedure segment led the market in 2020 and is also expected to register the fastest CAGR during the forecast period
• Hybrid procedures are useful and effective in adults as well as pediatrics for the treatment of frontal chronic rhinosinusitis
• The adult application segment held the largest market share in 2020 owing to the high prevalence of chronic rhinitis among the adult population
• The hospitals end-use segment accounted for the highest share in 2020 owing to advanced infrastructure and an increasing number of patient visits in hospitals as compared to other healthcare facilities
• North America is projected to account for the largest market share by 2028 due to the high adoption of novel technologies by ENT surgeons as well as other healthcare professionals in the region

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Sinus Dilation Device Market Segmentation

Grand View Research has segmented the global sinus dilation device market on the basis of product, procedure, application, end use, and region:

Sinus Dilation Devices Product Outlook (Revenue, USD Million, 2016 - 2028)

• Balloon Sinus Dilation Devices
• Endoscopes
• Functional Endoscopic Sinus Surgery (FESS) Instruments Set
• Sinus Stents/Implants
• Others

Sinus Dilation Devices Procedure Outlook (Revenue, USD Million, 2016 - 2028)

• Standalone
• Hybrid

Sinus Dilation Devices Application Outlook (Revenue, USD Million, 2016 - 2028)

• Adult
• Pediatric

Sinus Dilation Devices End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• ENT Clinics/In-office
• Ambulatory Surgical Centers (ASCs)

Sinus Dilation Devices Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Sinus Dilation Device Market

• Stryker
• Smith & Nephew
• Olympus Corporation
• Medtronic

About Grand View Research

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

Leak Detection And Repair : Increasing Oil and Gas Pipeline Infrastructure

 

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The promising growth prospects of the market can be attributed to the evolving government regulations on the implementation of leak detection systems among various end-users. At the same time, increasing oil and gas production and exploration worldwide is driving the market growth. For instance, in February 2020, Neptune Energy announced gas production from Adorf Carboniferous based in Germany. Leak detection and repair (LDAR) market is a system used to repair leaking components such as pumps, connectors, valves, agitators, and compressors to minimize the emission of Hazardous Air Pollutants (HAPs) and Volatile Organic Compounds (VOCs).

Contact Center Software : Growing Demand for Automating Customer Care Services

 

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Numerous businesses across the globe are focusing on understanding client concerns, responsiveness, and using competitive rates to lure leads away from their competitors. Nowadays, enhanced customer experience is of the utmost importance. Increasing emphasis on enhancing customer experience using omnichannel solutions is expected to drive the market over the forecast period.

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

 Books Market Growth & Trends

The global books market size is anticipated to reach USD 159.3 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 2.4% from 2021 to 2028. Increasing consumer spending on books supported by rising incomes and interest, as well as continued innovations in the format that have enhanced the overall reading experience, are among the key factors boosting the market.

The market has undergone significant changes over the last decade and has been heading in newer directions. The evolution of the commissioning process, backed by a generation of smart editors. The three major areas involved in commissioning books-marketing, publicity, and sales and distribution-have all been evolving in ways that can profit the market.

For instance, Bloomsbury Publishing has reported record annual profits during the ongoing coronavirus pandemic as more people turned to read books while sheltering at home. The publishing house saw a 14% increase in sales to reach GBP 185 million, while profits were up by more than one-fifth, reaching GBP 19.2 million in 2020. Similarly, in May 2021, a new book distribution company, operating under the Emirates Publishers Association, was formed to enable local publishers to expand their reach into regional and international markets with reduced operating costs.

Based on type, the market is divided into fiction, romance, educational, novels, comics, and others (including classics and biographies). There is more innovative publishing in the fiction books segment, with digital platforms and companies such as Potter more that create a visual and immersive experience for readers. The increasing penetration of audiobooks in developed and developing countries is also anticipated to supplement the growth of various fictional books.

Additionally, the increasing penetration of internet services in developing countries like India and China is anticipated to boost the market growth. The growth of the other books segment has been stunted, as the buying decision for books in this category is often in the hands of government institutes or academic institutes. Additionally, students now prefer to rent their textbooks rather than purchasing them, which is anticipated to further inhibit the growth of the segment.

Different media of selling products and services in the market, with the onset of digital technology in the publishing industry, have paved the way for higher product adoption among consumers. Book royalties emerge from various sources in the current scenario, which include retail, subscription services, digital library providers, and regional stores.

The retail format has a higher reach among global readers, with the usual one-copy purchase business model adopted by players such as Amazon, Apple Books, Barnes & Noble, Google Play Books, and Kobo. Subscription services work in the form of applications or stores that provide unlimited access to books in exchange for a monthly fee, such as Scribd, Bookmate, and Dreame. Digital library providers not only let individuals borrow books but also help institutions like public libraries, schools, universities, or corporate libraries such as OverDrive, Bibliotheca, Mackin, and Odilo.

Key players operating in the market account for a considerable share of the market and are focusing on strategies such as acquisitions, collaborations, and new launches to maximize their share and strengthen their positions. Rapid changes in the industry owing to the shift from traditional methods to digital ownership can help the market players scale newer dimensions and boost adoption. A recent survey of 400 librarians in the U.S. and Canada found that one-third are spending less on physical books, audiobooks, and DVDs, and more on digital versions since the pandemic began.

In September 2020, libraries in the U.K. witnessed a huge uptick in the number of audiobooks and eBooks being loaned out. All branches lent an additional 3.5 million eBooks from 13th March to 14th August, according to a blog by Good e-Reader. Chrys Mellor, General Manager of Libraries at North Yorkshire County Council, stated that the demand for eBooks and audiobooks was up by 78% and 3,000 new members signed up for cards during the lockdown.

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Books Market Report Highlights

• The mystery books segment dominated the market and accounted for the largest revenue share in 2020. By 2028, this segment is expected to account for a total market share of 17.5%
• The local book shops segment accounted for the largest revenue of 50.3% in 2020 and was valued at USD 66.5 billion. Whereas in 2020 the online segment generated revenue of USD 38.9 billion and by 2028 is estimated to be valued at 46.9 billion
• The hardcopy segment dominated the market and held the largest revenue share of 78.9% in the year 2020
• North America held the largest revenue share of 32.9% in 2020 on account of the presence of a large number of independent publishers and publishing companies in the region

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Books Market Segmentation

Grand View Research has segmented the global books market on the basis of type, distribution channel, format, and region:

Books Type Outlook (Revenue, USD Billion, 2016 - 2028)

• Science
• Historical
• Mystery
• Fantasy
• Literary
• Contemporary/Realistic
• Romance
• Educational
• Comic
• Others (Classic, Biographies)

Books Distribution Channel Outlook (Revenue, USD Billion, 2016 - 2028)

• Online
• Local Book Shops
• Retail Shops
• Specialty Stores

Books Format Outlook (Revenue, USD Billion, 2016 - 2028)

• Hard Copy
• E-Book
• Audiobooks

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

• North America
  • US.
• Europe
  • UK.
  • Germany
  • France
• Asia pacific
  • China
  • Japan
  • India
  • South Korea
• Central and South America
• Middle East and Africa

List of Key Players of Books Market

• Penguin Random House
• Hachette Book Company
• HarperCollins Publishers
• Simon & Schuster, Inc.
• MacMillan Publishers
• Pearson
• Scholastic, Inc.
• MARVEL
• Morris Publishing
• IDW Publishing

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.

DNA-based Skin Care Products Market is Likely To Touch USD 9.87 Billion by 2028: Grand View Research Inc.

 DNA-based Skin Care Products Market Growth & Trends

The global DNA-based skin care products market size is expected to reach USD 9.87 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.6% from 2021 to 2028. Consumer awareness of the dangers of using skincare products containing synthetic chemicals is pushing the demand for natural and organic products. Many DNA-based companies have been promoting awareness of DNA-based skincare products through digital and social media campaigns because today's consumers are tech-savvy and want products that are best suited to them.

Everyone's skin is different, so instead of a generic approach from over-the-counter items, consumers need a regimen that is tailored to their own needs. Consumers are now being targeted more directly by skincare specialists, who are prescribing a customized range of products.

The Skin360 Face Scanner app from Neutrogena identifies over two thousand face features in order to recommend goods to users. Quizzes are used by brands like Vitruvi and The Buff to analyze a customer's present conditions and skincare goals based on a guided self-assessment. To determine a client's need for their products, Atolla performs a pH skin test to analyze moisture levels, oil percentages, UV exposure, and humidity levels. Skintelli's tailored skincare technique includes an epigenetic test that examines the DNA methylation gene. As more people migrate to the internet, it will be vital for businesses to improve the customer experience when purchasing individualized skincare products online, ensuring that the procedure is as personal as the product. 

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DNA-based Skin Care Products Market Report Highlights

• By product, the creams segment dominated the market and accounted for a share of over 50.0% in 2020
• The offline distribution channel segment captured the largest share of over 65.0% in 2020. The online channel is expected to witness the highest growth from 2021 to 2028
• North America held the largest share of more than 35.0% in 2020. The high willingness of consumers to pay for personalized skincare is positively affecting the market growth in the region

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DNA-based Skin Care Products Market Segmentation

Grand View Research has segmented the global DNA-based skin care products market on the basis of product, distribution channel, and region:

DNA-based Skin Care Products Outlook (Revenue, USD Million, 2016 - 2028)

• Creams
• Serums
• Others

DNA-based Skin Care Products Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Online
• Offline

DNA-based Skin Care Products Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of DNA-based Skin Care Products Market

• IMAGENE LABS PTE. LTD.
• Caligenix Inc.
• EpigenCare Inc.
• ALLÉL
• SkinDNA
• SKINSHIFT
• ANAKE
• Genetic Beauty
• DNA Skin Institute
• LifeNome

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.

Nonstick Cookware Market Poised to Garner Maximum Revenues During 2021 – 2028: Grand View Research Inc.

 Nonstick Cookware Market Growth & Trends

The global nonstick cookware market size is expected to reach USD 15.39 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.2% from 2021 to 2028. The nonstick cookware industry is rapidly changing due to technology improvements and shifting customer preferences. Businesses have long tried to stay on top of new developments and advances in this industry, such as electronic cookware and smart kitchen gadgets.

The rise in the popularity of home cooking, especially during the ongoing COVID-19 pandemic, is another factor fueling the demand for nonstick cookware products. Consumers are not only trying new recipes at home but also improving their cooking skills. The coronavirus outbreak has also led to an increase in cooking at home as consumers want to avoid any exposure to outside food. This, in turn, has boosted the overall demand for nonstick cookware products.

The intention to keep up with home cooking is particularly strong among younger groups, according to a survey of 2,200 U.S. consumers. When questioned about their post-pandemic intentions, a whopping 43% of Gen Z respondents stated they expect to cook more at home once the epidemic is gone. Cooking shows on TV and the internet and regional and international food publications have all aided the trend of cooking at home, thereby driving cookware sales all over the world.

Moreover, cookware and bakeware sales in the third quarter of 2020 and the first nine months of 2020, according to BridgeTower Media, demonstrate the rising interest in at-home food preparation that has occurred during the pandemic. Total cookware sales in the U.S. increased 36.2% in the third quarter compared to the same period last year, while sales from January to September were up 20.7% over the same period in 2019.

The market for nonstick cookware is rising due to the growth of the hospitality industry. The growth of the restaurant and hospitality industry is primarily due to companies reorganizing their operations and recovering from the COVID-19 impact, which had previously resulted in restrictive containment measures, such as social distancing, remote working, and closure of commercial activities, all of which created operational challenges.

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Nonstick Cookware Market Report Highlights

• By raw material, the teflon coated segment accounted for the largest volume share of 47.0% in 2020. Teflon coated nonstick cookware is the most popular among middle-income families owing to its stiffness and longevity
• Based on distribution channel, the supermarkets and hypermarkets segment accounted for the largest revenue share of 59.7% in 2020. The easy accessibility of nonstick cookware in a variety of price ranges and the availability of a variety of local and worldwide brands are fueling the segment growth
• Europe held the largest revenue share of 37.7% in 2020. The increasing adoption of nonstick cookware products in the region is supported by the growing number of new product launches by regional and global manufacturers

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Nonstick Cookware Market Segmentation

Grand View Research has segmented the global nonstick cookware market on the basis of raw material, distribution channel, and region:

Nonstick Cookware Raw Material Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2028)

• Teflon Coated
• Aluminum Coated
• Enameled Iron Coated
• Ceramic Coated
• Others

Nonstick Cookware Distribution Channel Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2028)

• Supermarkets & Hypermarkets
• Convenience Stores
• Specialty Stores
• Others

Nonstick Cookware Regional Outlook (Volume, Million Units; Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Nonstick Cookware Market

• Groupe SEB (Tefal, All-Clad Group, WMF)
• Tefal
• All-Clad Group
• WMF
• Newell Brand Inc. (Calphalon)
• Cuisinart
• Meyer Corporation
• TTK Prestige Limited
• Scanpan USA, Inc.
• Hawkins Cookers
• The Cookware Company

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.

Surfing Equipment Market Expected to Deliver Dynamic Progression 2028

 Surfing Equipment Market Growth & Trends

The global surfing equipment market size is anticipated to reach USD 5.47 billion by 2028, registering a CAGR of 4.4% over the forecast period, according to a new report by Grand View Research, Inc. The primary factor driving the market growth is the push by surfing equipment manufacturers, marketers, and associations to make surfing much more approachable than it has been in previous years. In addition, increased interest in surfing due to the growing focus of consumers on wellness and fitness will support the market growth. Over the years, surf tourism has had a considerable impact on the demand for surfing equipment and apparel.

In recent years, increased accessibility and affordability have attracted a large number of surfers from many demographic groups. Due to the use of wave pools for training, surfing has become more accessible to people who do not live near a beach. Surfers who can access these pools can train regardless of the weather and at any time of the day. Thus, an increasing number of wave pools has increased the demand for surfing equipment.

People are spending an increasing amount of money on surfing as the sport’s culture grows. Surfers in the United States spend more than USD 3 billion on local surfing trips each year, according to Surf Park Central. The average surfer in the United States owns four different surfboards and spends 2.5 hours surfing per local season.

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Surfing Equipment Market Report Highlights

• The surfing boards segment accounted for the largest revenue share of more than 68% in 2020 and is projected to expand further at a steady CAGR over the forecast period
• In recent years, surfing equipment has undergone different technological advancements, which will drive the product demand
• For example, shark repellents have been introduced to the list of crucial equipment used by surfers
• Surfers also like to completely cover their bodies to protect themselves from the sun, which will drive the demand for apparel and accessories
• The online distribution channel segment accounted for the second-largest revenue share in 2020 and is estimated to ascend at the fastest CAGR of more than 5% over the forecast period
• North America was the largest regional market in 2020; however, Asia Pacific will register the fastest CAGR from 2021 to 2028

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Surfing Equipment Market Segmentation

Grand View Research has segmented the global surfing equipment market on the basis of product, distribution channel, and region:

Surfing Equipment Product Outlook (Revenue, USD Million, 2016 - 2028)

• Surfing Boards
• Apparels & Accessories

Surfing Equipment Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Online
• Offline

Surfing Equipment Regional Outlook (Revenue, USD Billion, 2016 - 2028)

• North America
  • US.
• Europe
  • UK.
  • France
  • Spain
  • Portugal
• Asia Pacific
  • Australia
  • New Zealand
• Central & South America
  • Brazil
• Middle East & Africa

List of Key Players of Surfing Equipment Market

• Billabong
• Quiksilver, Inc.
• JS Industries
• Channel Islands Surfboards
• Nike, Inc.
• Firewire Surfboards, LLC
• Rusty Surfboards
• Rip Curl. Ltd.
• Cannibal Surfboards
• O’Neill

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.

Smart Kitchen Appliances Market With Strong Application and Scope By 2028

 Smart Kitchen Appliances Market Growth & Trends                           

The global smart kitchen appliances market size is expected to reach USD 43.83 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 18.6% from 2021 to 2028. Customers are drawn to the new and smart kitchen appliances because they are energy-efficient, eco-friendly, and have a user-friendly interface. Furthermore, as disposable income and purchasing power rise, customers are able to increase their spending on high-end smart kitchen equipment, resulting in increased demand and market growth.

Kitchen appliance manufacturers have recognized the potential of IoT and are investing time and money to build infrastructures that will allow their products to communicate with one another. This feature is valued by consumers that use IoT devices, and it is expected to boost the market growth throughout the forecast period. The Internet of Things (IoT) is a growing network of common objects that connects industrial machinery with consumer home appliances to share data and complete tasks while people are occupied with other activities. The inclusion of small amounts of computational power in appliances has resulted in significant lifestyle enhancements.

Millennials and Gen Xers are most likely to have smart home technology products in their homes, according to Security.org. Persons under the age of 44 are more likely to acquire smart kitchen equipment than people over 45.

According to ValuePenguin, 52% of people who are very concerned about climate change and own a smart home device acquired it because it is better for the environment, compared to 20% of those who are moderately concerned and 10% of those who are not. In addition, 66% of those who are extremely concerned about climate change intend to purchase another smart home gadget in the next six months. Only 41% of respondents were somewhat concerned, while 20% were not at all concerned, indicating that people concerned about the environment are more likely to be repeat buyers of smart home gadgets.

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Smart Kitchen Appliances Market Report Highlights

• By product, the smart refrigeratorssegment accounted for the largest share of 34.23% in 2020. Smart refrigerators are becoming more common as smart cities and smart infrastructure are more widely adopted. They have emerged as the most popular kitchen appliances. Owing to technological advancements, consumers can now view what's inside their refrigerators with their smartphones
• Based on the application, the residential segment dominated the market and grabbed a revenue share of 56.83% in 2020. As smart appliances are replacing traditional appliances in kitchens, millennials and the young population are also taking interest in cooking. In addition, rising tourism and travel are increasing consumers’ interest in different cooking cultures and multi-cuisine food, which is thereby contemplating consumers to opt for smart kitchen appliances in their households
• North America dominated the market and held a revenue share of 33.33% in 2020. The increasing number of smart grid projects, changing consumer preferences, and an increase in spending power are fueling regional market growth. Another noteworthy trend in North America is the increased investments in residential construction projects. The rise in the number of residential and commercial construction projects will lead to an increase in the regional demand for smart kitchen appliances

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Smart Kitchen Appliances Market Segmentation

Grand View Research has segmented the global smart kitchen appliances market on the basis of product, application, and region:

Smart Kitchen Appliances Product Outlook (Revenue, USD Million, 2016 - 2028)

• Smart Refrigerators
• Smart Cookware and Cooktops
• Smart Dishwashers
• Smart Ovens
• Other Appliances

Smart Kitchen Appliances Application Outlook (Revenue, USD Million, 2016 - 2028)

• Residential
• Commercial

Smart Kitchen Appliances Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Smart Kitchen Appliances Market

• Whirlpool Corporation
• LG Electronics
• Electrolux AB
• Samsung Electronics Co. Ltd.
• Haier Group
• Panasonic Corporation
• BSH Hausgeräte GmbH
• Koninklijke Philips N.V.
• Miele & Cie. KG
• Dongbu Daewoo Electronic

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.

Honey: Medicinal Property and Antibacterial Activity

 

Know More- https://www.grandviewresearch.com/industry-analysis/honey-market

A major factor driving the market growth includes high demand for nutritious food products, such as honey, on account of rising awareness about the benefits of maintaining a healthy lifestyle. Honey is an excellent source of numerous nutritional ingredients including vitamins, minerals, calcium, and antioxidants. Moreover, honey has several medicinal properties and can help improve metabolic activities, maintain blood pressure levels, reduce the risk of diabetes, and can even heal burn wounds. Thus, honey is widely used in many applications apart from food & beverages, such as cosmetics and pharmaceuticals, which is also estimated to augment the market growth.

Why Rolling Your Own Tobacco is Better

 

Know More- https://www.grandviewresearch.com/industry-analysis/roll-your-own-tobacco-products-market

The growing preference for hand‐rolled or handmade cigarettes as they are relatively less expensive compared to factory-made (FM) cigarettes has been driving the demand for roll-your-own (RYO) tobacco products across the world. Handmade cigarettes are generally subject to fewer regulations and less taxation. As a result, these products are gaining popularity among financially stressed young consumers and lower annual income groups. However, some studies have found that RYO tobacco products' consumption has been increasing in developed countries over the years. 

North America, Europe & Asia Pacific Operating Room Doors And Walls Market Size Is Expected To Reach USD 2.1 Billion by 2028

 North America, Europe & Asia Pacific Operating Room Doors And Walls Market Growth & Trends

The North America, Europe, and Asia Pacific operating room doors and walls market size is expected to reach USD 2.1 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.5% from 2021 to 2028. The growing prevalence of chronic diseases, sophisticated healthcare infrastructure, large geriatric population base, rise in the number of surgical procedures, and the increasing number of hospitals and ambulatory surgical centers across the regions are increasing the demand for operating rooms, which is contributing to the growth of the market.

Based on product, the walls segment dominated the market in 2020. Factors contributing to the segment growth include a rise in the number of surgical procedures, coupled with increasing demand to avoid the spread of harmful bacteria and other pathogens within the operating rooms. According to the data published by Organ Donation New Zealand, in 2019, a total of 453 organ transplants were carried out in the country, which includes 17 heart transplants, 58 liver transplants, 224 lung transplants, 26 lung transplants, and 4 pancreatic transplants. This segment is anticipated to witness lucrative growth in the forthcoming years.

Moreover, initiatives undertaken by organizations in the form of mergers and acquisitions, partnerships, investments, product launches, portfolio expansion, and key strategic alliances are anticipated to positively impact the market growth. For instance, in December 2017, Irish Door Systems announced the introduction of a newly manufactured hermetic door system to its existing portfolio. These doors were launched for environments such as laboratories, operating rooms, hospitals, and other facilities that require hygiene. The launch was aimed at supporting the company in gaining a competitive edge in the Irish sector.

North America dominated the market in 2020. This growth can be attributed to the increasing prevalence of cancer and arthritis and the growing number of hospitals and ambulatory surgical centers in the region. In addition, the booming geriatric population, increasing consumer preference for minimally invasive and non-invasive surgical procedures, and technological advancements are driving the market in the region. Furthermore, the growing number of COVID-19 patients in the region is increasing the demand for more hospitals.

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North America, Europe & Asia Pacific Operating Room Doors And Walls Market Report Highlights

• On the basis of product, the walls segment dominated the market in 2020 owing to the growing need to avoid the spread of harmful pathogens within the operating room
• Based on door type, hermetic doors dominated the market in 2020 owing to their benefits such as airtight, watertight, sound-proof, and anti-cross contamination environment as compared to swing doors
• By end use, the hospitals segment dominated the market with a revenue share of 92.0% in 2020 owing to the increasing number of new hospitals and rising investments for their up-gradation
• North America dominated the market in 2020 owing to the growing geriatric population and the increasing prevalence of chronic diseases in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/north-america-europe-asia-pacific-operating-room-doors-walls-market-analysis

North America, Europe & Asia Pacific Operating Room Doors And Walls Market Segmentation

Grand View Research has segmented the North America, Europe, and Asia Pacific operating room doors and walls market based on product, door type, end-use, and region:

North America, Europe & Asia Pacific Operating Room Doors And Walls Product Outlook (Revenue, USD Million, 2016 - 2028)

• Doors
• Walls

North America, Europe & Asia Pacific Operating Room Doors And Walls Door Type Outlook (Revenue, USD Million, 2016 - 2028)

• Hermetic Doors
  • Sliding Doors
  • Swing Doors
• Hinge Doors

North America, Europe & Asia Pacific Operating Room Doors And Walls End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Ambulatory Surgical Centers

North America, Europe & Asia Pacific Operating Room Doors And Walls Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Spain
  • Italy
  • Belgium
  • Netherlands
  • Ireland
  • Poland
  • Austria
  • Switzerland
  • Norway
  • Sweden
  • Denmark
  • Finland
  • Russia
• Asia Pacific
  • China
  • Japan
  • India
  • Singapore
  • Australia
  • New Zealand

List of Key Players of North America, Europe & Asia Pacific Operating Room Doors And Walls Market

• Lindner Group
• Dortek
• STANLEY Access Technologies, LLC
• MEDIK Hospital Design GmbH
• Tane Hermetic, S.L.
• Manusa
• Leocon-Group
• Grupsa Door Systems
• KOS Spezialtüren GmbH
• Chase Doors
• AMENSCO
• SPENLE
• VIESSMANN TECHNOLOGIES GmbH
• Bawer S.p.A
• ASSA ABLOY Entrance Systems
• SAMEKOM
• HT labor
• Integromed
• Alvo
• Getinge Hospital Solutions
• SHD
• Label
• Medifa
• Vamed
• Hermitel/Innoroom
• Dagard
• Nexor
• CCG
• Interflow
• Jan Snel
• GEZE
• Infraca Quality Doors
• Thermod
• Young Medical
• Remax PTY Ltd.
• Tormax automatic Door systems
• Gilgen Door Systems AG
• Interfurn
• DormaKaba

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.

Portable Lithium Power Station Market is Estimated To Attain USD 282.0 Million by 2028

 Portable Lithium Power Station Market Growth & Trends

The global portable lithium power station market size is expected to reach USD 282.0 million by 2028, according to a new study conducted by Grand View Research, Inc. It is expected to expand at a CAGR of 13.2% from 2021 to 2028. With the improvement in battery technology, coupled with the increasing demand for portable power packs from the consumer electronics sector for powering notebooks, mobiles, tablets, and other smart devices, the demand for portable lithium power stations is anticipated to grow over the forecast period. Additionally, the rising demand for portable lithium power stations in a variety of application areas, including automotive, off-grid, and emergency power, is expected to create significant opportunities for the vendors operating in the market over the forecast period.

The key factors driving the market are the increasing penetration of smart electronic devices, rising demand for reliable and uninterrupted power, and stringent emission rules across regions. Moreover, the stringent regulations made by the government bodies on carbon emission and the growing adoption of advanced technologies by the customers are the key challenges faced by the vendors with regards to manufacturing the products that are planned with the latest demanding features and applications, which surely limits the market from expanding its reach.

The market is served by a blend of large players with international presence and capabilities to serve customers from different regions and local and domestic players that are having a strong foothold in the local markets. The key strategies adopted by these players include product launches, product development, expansions & investments, and partnerships and collaborations. New product development and launches were the most common strategies adopted in the past few years by the majority of vendors operating in the market. Moreover, partnerships and collaborations were another majorly adopted strategy by vendors to reinforce their product and service offerings and footprints across the globe. However, a decrease in the sales of electric vehicles, coupled with imposed restrictions on tourism and travel during the COVID-19 situation, is hindering the market growth. Asia Pacific is expected to witness substantial growth over the forecast period owing to the rising demand for portable lithium power stations to ensure continuous power supply during power outages, outdoor recreational activities, and camping in China, India, and Japan

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Portable Lithium Power Station Market Report Highlights

• By type, the solar power segment is anticipated to witness significant growth in the years to come owing to the increasing emphasis on the use of renewable energy
• The 1,000 Wh to 1,499 Wh capacity segment is anticipated to witness high growth as 1,000 Wh to 1,499 Wh power stations are increasingly used for powering large-sized devices and equipment along with multiple smaller devices, such as smartphones, tablets, and laptops
• The e-commerce sales channel segment is anticipated to witness significant growth over the forecast period owing to the growing penetration of digital platforms for transactions, coupled with the rising number of smartphone users
• The off-gird application segment is anticipated to register the highest CAGR over the forecast period owing to the increasing outdoor recreational and camping activities across the globe, which is expected to create healthy demand for portable lithium power stations to fulfill the power requirements at remote locations
• The industrial end-use segment is expected to grow at a significant rate over the forecast period owing to the growing need for continuous power and the availability of industrial-grade portable lithium power station

Access Press Release@ https://www.grandviewresearch.com/press-release/global-portable-lithium-power-station-market

Portable Lithium Power Station Market Segmentation

Grand View Research has segmented the global portable lithium power station market based on type, capacity, sales channel, application, end use, and region:

Portable Lithium Power Station Type Outlook (Revenue, USD Million, 2016 - 2028)

• Direct Power
• Solar Power

Portable Lithium Power Station Capacity Outlook (Revenue, USD Million, 2016 - 2028)

• Less Than 500 WH
• 500 WH to 999 WH
• 1,000 WH to 1,499 WH
• 1,500 WH and Above

Portable Lithium Power Station Sales Channel Outlook (Revenue, USD Million, 2016 - 2028)

• E-commerce
• Brick and Mortar

Portable Lithium Power Station Application Outlook (Revenue, USD Million, 2016 - 2028)

• Emergency Power
• Off-grid
• Automotive

Portable Lithium Power Station End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Residential
• Commercial
• Industrial

Portable Lithium Power Station Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Portable Lithium Power Station Market

• ALLPowers Industrial International Co., Ltd.
• Blackfire, Inc.
• Bluetti
• EcoFlow
• EGO POWER+
• Goal Zero
• Greenway Power Co. Ltd.
• Jackery Inc.
• Li Power (Shenzhen) Technology Co., Ltd.
• Lion Energy
• Midland Radio Corporation
• Nexpow LLC
• Suaoki
• Westinghouse Electric Corporation

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.