Surgical Snares Market Report by Opportunity, Demand, Recent Trends, Major Driving Factors and Business Growth Strategies

 Surgical Snares Market Growth & Trends

The global surgical snares 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 9.4% from 2021 to 2028. The market is primarily driven by various factors such as an increase in the number of endoscopic ambulatory surgery centers and polypectomy procedures and the growing preference for minimally invasive surgeries. A significant increase in the number of gastrointestinal procedures in the U.S. and other developed economies is anticipated to support the market growth over the forecast period. Moreover, the increasing prevalence of chronic kidney diseases, the growing geriatric population suffering from chronic conditions, and increasing patient awareness are among the factors aiding in the market growth. Favorable reimbursement policies in major markets are promoting demand for surgical snares in various medical procedures.

A constant rise in the geriatric population is leading to an increase in the financial burden on the healthcare system. According to the Population Reference Bureau, the number of people in the U.S. aged 65 and above is estimated to nearly double from 52 million in 2018 to 95 million by 2060. Such a rise in the elderly population is expected to subsequently result in greater demand for ablation devices for the treatment of tumors, thereby boosting the market growth.

Technological advancements in minimally invasive surgeries are further expected to drive the demand for endoscopy procedures, which, in turn, is anticipated to fuel the growth of the market. For instance, in March 2018, Auris Health, Inc. received FDA approval for its new robotic endoscopy system, Monarch Platform. In another instance, in June 2017, Olympus introduced a 3D surgical endoscope, which is compatible with the VISERA ELITE II system.

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Surgical Snares Market Report Highlights

• By usability, the single-use segment accounted for the largest revenue share of over 60.0% in 2020 owing to the high adoption of single-use instruments in medical settings
• Based on application, the GI endoscope segment held the largest share in 2020 due to factors such as large procedural volume and the availability of advanced products
• The hospitals end-use segment held the largest share in 2020 due to the high number of patient visits and advanced infrastructure in hospitals as compared to other healthcare facilities
• North America held the largest share in 2020 and is predicted to maintain its lead over the forecast period

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Surgical Snares Market Segmentation

Grand View Research has segmented the global surgical snares market on the basis of usability, application, end use, and region:

Surgical Snares Usability Outlook (Revenue, USD Million, 2016 - 2028)

• Single-use
• Reusable

Surgical Snares Application Outlook (Revenue, USD Million, 2016 - 2028)

• GI Endoscope
• Laparoscopy
• Urology Endoscopy
• Gynecology Endoscopy
• Arthroscopy
• Bronchoscopy
• Mediastinoscopy
• Laryngoscopy
• Others

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

• Hospitals
• Ambulatory Surgical Centers

Surgical Snares Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Surgical Snares Market

• Medtronic
• Boston Scientific Corporation
• Medline Industries, Inc.
• Olympus Corporation
• Cook
• CONMED Corporation
• Steris (U.S.)
• Merit Medical Systems
• Avalign Technologies
• Hill-Rom Holdings, Inc.
• Sklar Surgical Instruments

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.

Neurovascular Catheters Market Size Is Anticipated To Reach USD 4.83 Billion by 2028

 Neurovascular Catheters Market Growth & Trends

The global neurovascular catheters market size is anticipated to reach USD 4.83 billion by 2028, expanding at a CAGR of 6.7% over the forecast period, according to a new report by Grand View Research, Inc. Increasing demand for minimally invasive neurosurgical procedures, rising prevalence of stroke and brain aneurysm, and technological advancements are driving the market.

Stroke is the most common cause of death, followed by heart and cancer diseases worldwide. For instance, according to WHO, in 2016, 15.2 million deaths of the 56.9 million deaths worldwide were due to stroke. Acute Ischemic Stroke (AIS) is the most common form of stroke caused due to reduced blood supply to the brain, making brain cells die. For instance, according to the U.S. CDC, 87.0% of strokes are classified as ischemic strokes, with the U.S. being the most commonly affected country.

Various initiatives are undertaken by the government worldwide to prevention stroke. For instance, the Well-Integrated Screening and Evaluation for Women Across the Nation (WISEWOMAN) program was started by the U.S. CDC in three states: North Carolina, Massachusetts, and Arizona, to minimize the risk of stroke and other neurovascular diseases in women by promoting a healthy lifestyle.

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Neurovascular Catheters Market Report Highlights

• By type, embolization neurovascular catheters dominated the neurovascular catheters market in 2019 owing to the increasing prevalence of conditions, such as brain aneurysms, nose bleeding, and arteriovenous malformations
• Based on application, the others segment is expected to expand at the highest CAGR during the forecast period owing to the rising number of patients suffering from neurovascular diseases and conditions, such as carotid artery stenosis and atherosclerosis
• Based on end-use, hospitals dominated the market in 2019 owing to factors, such as rising prevalence of acute ischemic stroke, growing awareness among the population, and increasing government funding
• North America dominated the market with the largest share in 2019 owing to rising incidence of hemorrhagic stroke and brain aneurysm and increasing R&D investment
• Some of the key players operating in the neurovascular catheters market are Medtronic; Stryker; phenox GmbH; Penumbra, Inc.; Integer holdings Corporation; Terumo Corporation; Integra LifeSciences Corporation; Biomerics; Acandis GmbH; and Spiegelberg GmbH & Co. KG.

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Neurovascular Catheters Market Segmentation

Grand View Research has segmented the global neurovascular catheters market on the basis of type, application, end-use, and region:

Neurovascular Catheters Type Outlook (Volume, Units; Revenue, USD Million, 2016 - 2028)

• Microcatheters
• Balloon Catheters
• Access Catheters
• Embolization Catheters
• Others

Neurovascular Catheters Application Outlook (Revenue, USD Million, 2016 - 2028)

• Embolic Stroke
• Brain Aneurysm
• Arteriovenous Malformations
• Others

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

• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Diagnostic Centers

Neurovascular Catheters Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of the Neurovascular Catheters Market

• Medtronic
• Stryker
• phenox GmbH
• Penumbra, Inc.
• Integer Holdings Corporation
• Terumo Corporation
• Integra LifeSciences Corporation
• Biomerics
• Acandis GmbH
• Spiegelberg GmbH & Co. KG.

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.

Cardiovascular Ultrasound Market Size Is Expected To Reach USD 2.33 Billion by 2028

 Cardiovascular Ultrasound Market Growth & Trends

The global cardiovascular ultrasound market size is expected to reach USD 2.33 billion by 2028, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 6.7% over the forecast period. Rising investment in the Medtech industry, increasing R&D activities, and high prevalence of cardiovascular diseases are the key factors driving market growth.

Benefits associated with cardiovascular ultrasound over conventional methods include quick recovery, reduced span of hospitalization, and fewer post-operative complications. These benefits along with the rising geriatric population are expected to propel the demand for cardiovascular ultrasound diagnosis over the forecast period.

North America captured the largest market share in 2017. Favorable reimbursement framework and presence of a large number of industry players are some of the major factors which can be attributed to regional growth. The rising geriatric population coupled with sophisticated healthcare infrastructure is expected to further fuel market growth in the region. Furthermore, increasing health awareness is driving demand.

Some of the key players in the cardiovascular ultrasound market include Philips; GE Healthcare, Inc.; Hitachi; Fujifilm Medical Systems; Siemens Healthcare; and Canon Medical Systems Corporation.

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Cardiovascular Ultrasound Market Report Highlights

• Cardiovascular ultrasound market was valued at USD 1.38 billion in 2017 and is expected to grow lucratively over the forecast period
• Fetal echocardiography segment is anticipated to expand at the fastest CAGR
• Doppler segment was valued at USD 0.6 billion in 2017 and is anticipated to rise at a lucrative CAGR during the forecast period
• Ambulatory care centers segment is expected to witness the fastest CAGR in the forthcoming years.

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Cardiovascular Ultrasound Market Segmentation

Grand View Research has segmented the global cardiovascular ultrasound market report on the basis of type, technology, display, end-use, and region:

Cardiovascular Ultrasound Type Outlook (Revenue, USD Million, 2016 - 2028)

• Transthoracic Echocardiography
• Transesophageal Echocardiography
• Fetal Echocardiography
• Others

Cardiovascular Ultrasound Technology Outlook (Revenue, USD Million, 2016 - 2028)

• 2D
• 3D/4D
• Doppler

Cardiovascular Ultrasound Display Outlook (Revenue, USD Million, 2016 - 2028)

• B/W
• Color

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

• Hospital
• Diagnostic Centers
• Ambulatory Care Centers
• Others

Cardiovascular Ultrasound Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

Key Players of Cardiovascular Ultrasound Market

• GE Healthcare
• Koninklijke Philips
• Siemens Healthineers AG
• Hitachi Medical Corp.
• Samsung Medison Co. Ltd.
• Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (Mindray)
• Chison Wuxi Xiangsheng Medical Technology Co., Ltd.
• Fujifilm Sonosite, 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.

5G Services- Potential Waiting To be Tapped

 

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5G wireless mobile services enable a fully mobile and connected environment by delivering a wide range of use cases and business models to consumers. Moreover, faster data speeds and extremely low latency offered by the 5G technology would enhance the user experience while using 5G services for several use cases, such as Virtual Reality (VR) and Augmented Reality (AR) gaming, seamless video calling, and Ultra-High Definition (UHD) videos, among others. The growing demand for high-speed data connectivity for unified Internet of Things (IoT) applications, such as smart home energy management, is estimated to propel the adoption of these services over the forecast period.

The Rise of Real Time Payments

 

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Real-time payments can also help businesses in strengthening their cash flows and subsequently in improving their operational efficiencies, budgeting, and overall cash management. Hence, the growing preference for this payment mode among businesses is particularly expected to drive the market growth. A survey conducted by ACI Worldwide, a payment system company, in 2018 revealed that 77% of the merchants worldwide are expecting real-time payments to replace physical payment cards.

Maternity Innerwear Market Size Is Expected To Reach USD 11.32 Billion by 2028

 Maternity Innerwear Market Growth & Trends

The global maternity innerwear market size is expected to reach USD 11.32 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.4% from 2021 to 2028. The increased attention of pregnant women on pregnancy fashion, particularly in regions such as North America and Europe, is one of the primary factors boosting the market expansion. As women have become more cautious about wearing fitting dresses, the adoption of various styles of maternity dresses has increased as a result of shifting fashion trends.

Man-made fabrics such as polyester and viscose blends are frequently used in non-pregnancy underwear. Pregnancy underwear is typically made with a higher percentage of cotton, making it not only softer and smoother on your skin but also more breathable. Because you will feel warmer than usual during pregnancy, synthetic garments can rapidly make you feel sweaty; cotton, on the other hand, can keep you cool.

Pregnant women's choices of maternity innerwear are no longer just based on comfort and fit. Expectant women are spending more on attractive and trendy maternity innerwear as their fashion consciousness and attention on personal appearance are growing. Customers are purchasing underwear and a few fashionable and supportive bras. Many pregnancy bras can also be used as nursing bras, giving them more value for money. Being conscious of this most personal layer of clothes sets the tone for everything else the customer wears.

Manufacturers and brands have created a plethora of kinds and categories based on what today's women want, which internet aggregators sell at reasonable prices and with a variety of appealing offers. Online shopping has a number of advantages, including a broad choice of products in various sizes, well-stocked pieces with detailed information about the fabric, and instructions on how to wash, how to style the product, and so on. Plus, ladies can choose from a variety of bralettes, activewear, resort wear, sports bras, chemises, bodysuits, hosiery, plus size lingerie, and much more, depending on their preferences and needs.

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Maternity Innerwear Market Report Highlights

• By type, the maternity briefs segment accounted for the largest share of 30.5% in 2020. This can be attributed to the growing need for comfortable underwear among pregnant women that will offer them extra give and won't pinch and pressure them in all the wrong places as their bodies develop and shift in unexpected ways
• The offline distribution channel segment grabbed the largest share of 69.8% in 2020. The online channel segment is expected to witness the fastest growth over the forecast period
• Asia Pacific held the largest revenue share of 41.3% in 2020 owing to the increasing spending power of the people in the region and the growing need for various types of maternity clothes

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Maternity Innerwear Market Segmentation

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

Maternity Innerwear Type Outlook (Revenue, USD Million, 2016 - 2028)

• Maternity/Nursing Bras
• Camisoles
• Shapewear
• Maternity Briefs

Maternity Innerwear Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Online
• Offline

Maternity Innerwear 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 Maternity Innerwear Market

• Hatch Collection LLC
• H & M Hennes & Mauritz AB
• Triumph Holding AG (Triumph International)
• Wacoal
• MamaCouture
• Hotmilk Lingerie
• Adore Me, Inc. (Belabumbum)
• Fresh Venturz LLP (MOMZJOY.COM)
• Clovia

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.

ePharmacy Market Share, Growth Analysis And Industry Size Forecasts To 2028: Grand View Research Inc.

 

ePharmacy Market Growth & Trends

The global ePharmacy market size is expected to reach USD 169.3 billion by 2028 and is expected to grow at a CAGR of 18.4% over the forecast period, according to a new report by Grand View Research, Inc. Factors driving the adoption of ePharmacy include the improved access to online & web-based services, increasing awareness regarding e-commerce amongst consumers, rise in the number of internet users, and a surge in the aging population experiencing difficulty to visit pharmacies. In addition, benefits, such as affordability, convenience, and ease in the availability of medicines, are boosting the adoption of these platforms. High treatment costs are driving the demand for low-cost healthcare services, which, in turn, is bolstering the adoption of online pharmacies owing to the lucrative offers, such as price discounts, provided by them.

The COVID-19 pandemic has positively impacted the market growth and transformed the fortunes of ePharma companies owing to increasing consumer switch from traditional buying towards online purchases of general medications and medical devices, such as oximeters, thermometers, and health supplements. As per an article published by Economic Times, in July 2021, the number of households utilizing ePharmacy services grew 2.5 times to 9.0 million during the pandemic. Thus, the ePharmacy segment has also gained significant growth during the lockdown period imposed due to the pandemic, as governments declared the delivery of medicines through e-commerce platforms as essential services.

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ePharmacy Market Report Highlights

• The global market will witness significant growth owing to the rising internet penetration and high adoption of e-commerce platforms
• North America dominated the market in 2020 owing to the increased prevalence of chronic diseases, developed healthcare infrastructure, and penetration of IT in healthcare across the region
• Industry players in this market have significantly expanded their customer base as well as their product & service offerings to keep up with the growing needs of the consumers
• The main focus of these players is on increasing the Customer Lifetime Value (CLTV) by catering to their healthcare needs in a comprehensive manner, as various online pharmacies have started offering additional services like e-diagnostics, e-consultation, and retailing of health & wellness products
• Furthermore, a rise in the number of strategic initiatives is aiding market growth. For instance, in August 2020, Amazon India announced the launch of Amazon Pharmacy in Bengaluru, India
• This launch marked the entry of the company in the online medicine segment that has gained significant traction during the COVID-19 outbreak.

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ePharmacy Market Segmentation

Grand View Research has segmented the global ePharmacy market on the basis of region:

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

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

List of Key Players of ePharmacy Market

• The Kroger Co.
• Walgreen Co.
• Giant Eagle, Inc.
• Walmart, Inc.
• Express Scripts Holding Company
• CVS Health
• Optum Rx, Inc.
• Rowlands Pharmacy
• DocMorris (Zur Rose Group AG)

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.

Dental Laboratories Market Size Is Anticipated To Reach USD 43.5 Billion by 2028

 Dental Laboratories Market Growth & Trends

The global dental laboratories market size is anticipated to reach USD 43.5 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.5% during the forecast period, attributed to increasing cosmetic dental procedures, the geriatric population, and awareness regarding oral hygiene. In addition, technological advancements are also expected to fuel the growth. For instance, the digitalization of dental labs and introduction of Computer Aided Manufacturing (CAM) and Computer Aided Design (CAD) technology has improved accuracy of dental appliances.

According to an article published by United Nations, the number of adults in age group of 80 years and above is anticipated to reach around 425 million in 2050, from nearly 137 million in 2017. Geriatric population is highly susceptible to dental conditions such as xerostomia coronal and root caries, and periodontitis. Hence, the market is projected to witness significant growth in near future Furthermore, adverse effects due to the frequent use of prescription or Over-the-Counter (OTC) drugs by elderly population are also anticipated to drive the market.

The market for dental laboratories is highly fragmented and is anticipated to witness a significant merger and acquisition activity from both large dental service organizations and private equity firms. These mergers and acquisitions are anticipated to lead to market consolidation and enable to leverage advantages of white space acquisition. For instance, Smile Brands, a Gryphon Investors backed company, acquired Johnson Family Dental as an add-on acquisition in 2017. This acquisition is anticipated to contribute to the company’s growth through addition of new practice locations.

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Dental Laboratories Market Report Highlights

• Oral care led the component segment in 2018, attributed to increasing awareness regarding importance of good oral habits and health
• Dental laserssegment is anticipated to witness a lucrative growth over forecast period. Minimized bleeding and damage to surrounding tissues is anticipated to increase the adoption of laser systems in dental procedures
• North America led the dental laboratories market in 2018, attributed to the presence of advanced medical infrastructure, supportive government initiatives, and comparatively higher healthcare expenditure in the region

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Dental Laboratories Market Segmentation

Grand View Research has segmented the global dental laboratories market on the basis of product, equipment type, and region:

Dental Laboratories Product Outlook (Revenue, USD Million, 2016 - 2028)

• Restorative
• Orthodontic
• Endodontic
• Oral care
• Implant

Dental Laboratories Equipment Type Outlook (Revenue, USD Million, 2016 - 2028)

• Dental Radiology Equipment
• Dental Lasers
• Systems & Parts
• Laboratory Machines
• Hygiene Maintenance Device
• Others

Dental Laboratories Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of  Dental Laboratories Market

• Envista Holdings Corporation
• Dentsply Sirona
• A-dec Inc.
• Straumann AG
• Henry Schein, Inc.
• Champlain Dental Laboratory, Inc.
• Knight dental design
• National Dentex Corporation
• 3M Health Care
• Dental Services Group

About Grand View Research

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

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

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

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

Access Press Release@ https://www.grandviewresearch.com/press-release/global-dna-based-skin-care-products-market

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.