Induction Cooktops Market to Observe Strong Development by 2028: Grand View Research Inc.

 Induction Cooktops Market Growth & Trends

The global induction cooktops market size is anticipated to reach USD 35.9 billion by 2028, registering a CAGR of 8.5% over the forecast period, according to a new report by Grand View Research, Inc. The increased use of induction cooktops in Asia and Western areas of the world has been fueled by rising customer demand for hassle-free and clean cooking technology. Induction cooktops provide a number of advantages over standard gas stoves, such as faster water boiling, no heating of the burners, easy surface cleaning, and energy efficiency. These advantages have attracted not only a significant number of home chefs but also professional chefs.

Induction stoves are not some Veblen goods for image-conscious elites, despite the fact that they are a little more expensive than gas or electric stoves. The most affordable induction ranges costs $1,000, which is only a few hundred dollars more than a mid-tier gas or electric freestanding range. Consumer preferences have shifted, not just in terms of product pricing, but also in terms of purchase methods. Because of the widespread availability of the internet in various parts of the world, e-commerce has gained tremendous popularity. In the past, consumers favored in-store buying over online shopping. However, in recent years, online buying has become increasingly popular. The option to select from a wide variety of products, along with enticing prices, has led to an increase in product sales through online distribution channels.

Apart from high-end brands, traditional cooking equipment manufacturers are also introducing advanced induction cooktops, which also support market growth. Large induction cooktops are now available from BSH Group, AB Electrolux, Whirlpool Corp., GE Appliances, Viking Corp., Sub-Zero/Wolf, and many other appliance manufacturers across the globe. The induction market in Europe is increasing rapidly. However, Italy is an exception as it favors gas appliances due to the limited amount of electricity a household can consume at any given moment (around 3-3.2 KW).

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Induction Cooktops Market Report Highlights

• The global market is expected to grow at a CAGR of 8.5% from 2021 to 2028
• The built-in product segment accounted for the largest revenue share in 2020 and is expected to register the fastest CAGR of more than 8.5% over from 2021 to 2028
• The hypermarkets & supermarkets distribution channel segment accounted for the maximum revenue share in 2020
• The segment is also estimated to expand further at the fastest CAGR retaining the leading position over the forecast period
• Europe was the largest regional market in 2020 and accounted for a revenue share of more than 35.5%

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Induction Cooktops Market Segmentation

Grand View Research has segmented the global induction cooktops market on the basis of product, application, distribution channel, and region:

Induction Cooktops Product Outlook (Revenue, USD Million, 2016 - 2028)

• Built-in
• Free-standing

Induction Cooktops Application Outlook (Revenue, USD Million, 2016 - 2028)

• Household
• Commercial

Induction Cooktops Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Hypermarkets & Supermarkets
• Specialty Stores
• Online

Induction Cooktops Regional Outlook (Revenue, USD Billion, 2016 - 2028)

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

List of Key Players of Induction Cooktops Market

• Whirlpool Corp.
• LG Electronics, Inc.
• Electrolux AB
• TTK Group
• Smeg S.p.A
• Koninklijke Philips N.V.
• Robert Bosch GmbH
• Avis Rent a Car System, LLC
• Panasonic Corp.
• Sub-Zero Group, Inc.
• Miele & Cie. 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.

Global Portable Toilet Rental Market to Account for USD 28.5 Billion by 2028: Grand View Research Inc.

 Portable Toilet Rental Market Growth & Trends

The global portable toilet rental market size is anticipated to reach USD 28.5 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.6% from 2021 to 2028. Increasing infrastructural development, particularly in regions like Asia Pacific, is expanding the scope of the market. The construction of an 850km-long-road in Indonesia including new sections of the Trans-Sumatran highway, major road and rail projects underway in Melbourne, Perth, and Sydney in Australia, and an investment of USD 109 billion on roads and highways in India by 2023 are some of the major infrastructural projects that are underway. All of these projects are fueling the need for portable toilet rental services.

The increasing number of residential, hotel and social infrastructural projects is also propelling the demand for portable toilets. The application of green materials to sustainable buildings has become a common consideration in modern housing designs as well as construction techniques because of their environmental benefits and a significant return on investment for homeowners. Rental service providers offer a variety of options catering to the different needs and requirements of customers. For instance, event organizers may choose portable toilets that provide facilities similar to an indoor restroom. Based on the type of events, deluxe models that offer more room than the standard ones are being preferred. Renting services comprising cleaning and drainage facilities and pickup and delivery services are widely preferred by customers.

In order to meet the increasing demand for portable toilets rentals, companies are expanding their manufacturing facilities to boost production. For instance, in March 2019, Satellite Industries announced the opening of a new PolyPortables Distribution Center in Oregon, U.S. The company planned to expand its Portland, Oregon Regional Service Center with 30,000 sq. ft. of inside storage and 45,000 sq. ft of outside storage, making the new facility seven times larger than the current location.

Moreover, companies are continuously working to make their portable toilet units more convenient and user-friendly so that they can be used at several locations and for various purposes. These factors present the portable toilet rental services market with immense scope for growth. Increasing innovation and new product development by companies with respect to features, functionality, and raw material have piqued the interest of consumers for these products. For instance, the development of SL2 toilets across the globe has resulted in the rapid adoption of these products by various manufacturers such as Shorelink. These toilets have proven to be durable with fewer replacement needs, resulting in greater product popularity among rental companies.

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Portable Toilet Rental Market Report Highlights

• The construction segment accounted for the largest revenue share of 59.1% in 2020 and is expected to expand at a CAGR of 6.2% from 2021 to 2028
• The standard portable toilet segment accounted for the largest revenue share of 70.9% in 2020 and is estimated to ascend with a CAGR of 6.2% over the forecast period
• Asia Pacific dominated the market and accounted for the largest revenue share of 44.1% in 2020

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Portable Toilet Rental Market Segmentation

Grand View Research has segmented the global portable toilet rental market on the basis of product, application, technology, and region:

Portable Toilet Rental Product Outlook (Revenue, USD Million, 2016 - 2028)

• Standard
• Luxury

Portable Toilet Rental Application Outlook (Revenue, USD Million, 2016 - 2028)

• Construction
• Recreational
• Special Events
• Commercial

Portable Toilet Rental Technology Outlook (Revenue, USD Million, 2016 - 2028)

• Vacuum Technology
• Gravity Based Technology
• Others (Pressure assisted, Dual etc.)

Portable Toilet Rental Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Portable Toilet Rental Market

• Sanitech
• Satellite Industries, Inc.
• CO Group
• B&B Portable Toilets
• PolyJohn Enterprises Corporation
• United Site Services Inc.
• Biffs, Inc.
• Halco Portables
• Handi-Can Portable Toilets
• West Coast Disposal 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.

Car Wash Services Market Estimated To Flourish By 2028: Grand View Research Inc.

 Car Wash Services Market Growth & Trends

The global car wash services market size is anticipated to reach USD 37.6 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.8% from 2021 to 2028. Consumer preference for professional vehicle wash services over home washing is growing as the on-demand car wash trend continues. A key trend among customers with hectic lifestyles and busy schedules is the shift from 'do-it-yourself' to 'do-it-for-me.'

According to the International Carwash Association, the number of drivers who wash their cars at professional service centers on a regular basis has climbed from around 48.0% in 1994 to over 77 percent in 2019. Furthermore, around 66 percent of Americans wash their automobiles between 1-2 times each month, resulting in an average of 13 washes per year.

The concept of "all-new, all the time" appears to have driven the wash center’s popularity as automated car washing has become the norm for vehicle owners during the last few decades. In the automobile care industry, new technologies and equipment improved the process, gained market share, and raised client expectations.

The emergence of COVID-19 had a huge impact on the industry. During the peak of the pandemic, most businesses were closed. New York State authorized car washes to resume in late April, but only under severe conditions that limited the number of personnel allowed on site and prohibited in-person payment. Furthermore, the pandemic ushered in several significant improvements in the industry.

To make it easier for tech-savvy consumers, car washes have begun to use smartphone apps and online booking systems. Customers who schedule services online can avoid the line and go straight to the wash when they arrive. For some clients, not processing virtual wallet payments can be a deal-breaker in an increasingly cashless environment. Car washes that accept more payment methods than a credit card reader attract more clients and grow more quickly.

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Car Wash Services Market Report Highlights

• The roll-over/in-bay segment accounted for the largest revenue share of 50.3% in 2020 and is expected to expand at a CAGR of 4.2% over the forecast period.
• The cashless segment accounted for the largest revenue share of 69.8% in 2020 and is estimated to ascend with a CAGR of 4.6% over the forecast period.
• North America accounted for the largest revenue share of 50.3% in 2020

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Car Wash Services Market Segmentation

Grand View Research has segmented the global car wash services market on the basis of type, mode of payment, and region:

Car Wash Services Type Outlook (Volume, Million Transactions; Revenue, USD Million, 2016 - 2028)

• Tunnels
• Roll-Over/In-Bay
• Self-service

Car Wash Services Mode of Payment Outlook (Volume, Million Transactions; Revenue, USD Million, 2016 - 2028)

• Cash Payment
• Cashless Payment

Car Wash Services Regional Outlook (Volume, Million Transactions; Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Car Wash Services Market

• Splash Car Wash
• Zips Car Wash
• International Car Wash Group (ICWG)
• Autobell Car Wash
• Quick Quack Car Wash
• Super Star Car Wash
• True Blue Car Wash, LLC
• Magic Hands Car Wash
• Hoffman Car Wash
• Wash Depot Holdings 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.

Super-resolution Microscopes Market Latest Trends, Industry Growth And Forecast To 2028: Grand View Research Inc.

 Super-resolution Microscopes Market Growth & Trends

The global super-resolution microscopes market size is expected to reach USD 5.5 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.9% from 2021 to 2028. Increasing application in cell biology and biomedical imaging and technological advancements are factors expected to drive the market over the forecast period.

In the nanotechnology application segment, techniques such as Stochastic Super-resolution Microscopy (SSRM) have proved to give better results for various catalysis processes, such as metal nanoparticle catalysis, and they promise to accelerate the development and discovery of new and better catalysts. The SIM technology segment is projected to account for the largest market share by 2028. STORM technology is estimated to register the fastest CAGR from 2021 to 2028.

The U.S. is one of the leading markets owing to technological advancements and surging R&D expenditure. In addition, the rising incidence of cancer and neurological disorders on account of the growing elderly population is driving demand for super-resolution microscopy. Europe is anticipated to hold a significant share in the coming years due to the easy availability of high-end systems.

Moreover, the Covid-19 pandemic has led to severe restrictions in both private and public business environments. During the pandemic, a decrease in the manufacturing and supply of all kinds of medical devices, including super-resolution microscopes, has been recorded due to the sudden shut down of activities to prevent the spread of infection. In most countries, any ongoing research has been paused as most of the research labs are involved in studies of the novel coronavirus as well as relevant diagnostics.

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Super-resolution Microscopes Market Report Highlights

• By application, the life science segment held the largest share in 2020 as super-resolution microscopes are used in place of electron microscopesas they allow researchers to image biological specimens more precisely. The rise in research activities in neurology and cell biology is expected to fuel the segment growth
• The STED technology segment held the largest market share in 2020 due to its ability to deliver diffraction-unlimited images, with no need for further computational processing
• North America held the largest market share in 2020. Increasing research activities in different segments of life science and nanotechnology and initiatives taken by the government in past years, where research funding agencies encouraged researchers to adopt super-resolution microscopes, are expected to drive the regional market
• Asia Pacific is expected to expand at the fastest CAGR in the coming years. High product sales in countries, like China, and the growing interest of photonics companies and venture capitalists in the field of electronics and life sciences are the factors driving the regional market

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Super-resolution Microscopes Market Segmentation

Grand View Research has segmented the global super-resolution microscopes market on the basis of technology, application, and region:

Super-resolution Microscopes Technology Outlook(Revenue, USD Million, 2016 - 2028)

• Stimulated Emission Depletion (STED) Microscopy
• Structured-Illumination Microscopy (SIM)
• Stochastic Optical Reconstruction Microscopy (STORM)
• Fluorescence Photoactivation Localization Microscopy (FPALM)
• Photoactivated Localization Microscopy (PALM)

Super-resolution Microscopes Application Outlook(Revenue, USD Million, 2016 - 2028)

• Nanotechnology
• Life Science
• Material Science
• Semi-conductor
• Other Applications

Super-resolution Microscopes Regional Outlook(Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa (MEA)
  • South Africa

List of Key Players of Super-resolution Microscopes Market

• ZEISS
• Applied Precision (GE Healthcare)
• Nikon Corporation
• Olympus Corporation
• Leica Microsystems (Danaher Corporation)
• Bruker Corporation
• Hitachi High Technologies

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.

The Environmental Benefits Of LED Lighting

 

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Stringent regulations to ban or limit the use of inefficient lighting technologies and government rebate and retrofit programs to encourage the deployment of LED lighting are contributing to the market growth. LED lighting is comparatively expensive; however, it offers better service life and high lumen power at less wattage compared to incandescent, CFL, and halogen light sources. Moreover, continuously declining prices of LED lamps and luminaires and the availability of smart lighting solutions, coupled with updated energy policies across the world, are expected to provide an impetus for the market growth over the forecast period.

How Automotive Smart Displays Can Meet Functional Safety

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The increasing demand for advanced functions, including navigation, multimedia systems, driver assistance, and connected car features, and the improving driver-to-vehicle communication are anticipated to boost the use of the smart display in the automotive sector. Furthermore, the growing demand for enhanced safety, comfort, and convenience in automobiles, especially in developing and mature economies, is anticipated to propel the market growth over the forecast period. The rise in the demand for autonomous and semi-autonomous vehicle technology and the growth of the high-end and luxury car segments, especially in the emerging markets, are also expected to offer growth avenues for the market over the forecast period.

 

Global Demand for Tendonitis Treatment Market Increasing in Most Part of World 2028

 Tendonitis Treatment Market Growth & Trends 

The global tendonitis treatment market size is expected to reach USD 235.4 billion by 2028 according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 2.8% from 2021 to 2028. Individuals are proactively participating in sporting or physical activities and the probability of sports-related injuries occurring is rising, thereby contributing to the market development and growth. The growing global geriatric population is susceptible to tendonitis or could be suffering from bone disorders, osteoporosis, rheumatoid arthritis, diabetes, and osteoarthritis. Constant innovation of technologies and therapies in treating tendonitis is contributing to the growth. Supportive government initiatives and significant investments and collaborations amongst key players to expand product offerings are boosting the market growth.

Over the past years, the growing reliance on technologies in mapping various factors concerning sports, such as performance assessment, training modules, and sports injuries tracking and monitoring. The shift from proactive to preventive therapies is proving to be beneficial in improving the health status of sports players to prevent injuries. Sporting and physical activities are witnessing significant participation, and this paves way for possibilities of incurring sports injuries. As per Standard Children’s Health, in 2018, out of 30.0 million children and adolescents participating in sports in the U.S., approximately 3.5 million incur some form of sports injury. Furthermore, nearly 775,000 children and adolescents are treated for sports-related injuries in the U.S. every year. Thus, increased participation in sporting activities coupled with the growing adoption of treatment facilities is expected to boost market growth over the forthcoming years.

The key players are increasingly investing in the development of new innovative products to upgrade their product portfolios. The companies are developing products to cater to the growing incidences of sports injury in both competitive and recreational sports players. Market leaders are implementing strategic decisions to gain a competitive edge in the market. Key players are focusing on strengthening their business position in both developed and emerging economies, focusing on product innovation, and supplement organic growth through acquisitions. For instance, in March 2019, Stryker acquired OrthoSpace Ltd. to expand its existing sporting medicine and therapy segment.

The emergence of the Covid-19 pandemic has altered the methods of care delivery in treating tendonitis. Due to the temporary lockdowns, travel restrictions, and high infection load in the healthcare facilities, the market has been negatively impacted. The shortage of skilled healthcare personnel treating tendonitis has restrained the development and growth of the pandemic. Cancellation or postponement of sports injuries implies a decline of sports injuries, which eventually negatively influences the business revenue earnings. The decline in non-pharmacological therapies and surgeries is hindering the market growth.

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Tendonitis Treatment Market Report Highlights

• The market is expected to grow well over the forecast period owing to the increasing prevalence of tendonitis and the introduction of new and innovative therapies
• The therapy segment dominated the market in 2020 due to the rising occurrence of sports injuries and rising awareness levels towards non-pharmacological therapies and easy availability
• The Achilles tendonitis segment dominated the market in 2020 due to the high occurrence of the medical condition in both competitive and recreational sports players

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Tendonitis Treatment Market Segmentation

Grand View Research, Inc. has segmented the global tendonitis treatment market on the basis of treatment, condition, and region:

Tendonitis Treatment Outlook (Revenue, USD Million, 2016 - 2028)

• Therapy
  • Hot and Cold Therapy
  • Physical Therapy
  • Shockwave Therapy
• Surgery

Tendonitis Treatment Condition Outlook (Revenue, USD Million, 2016 - 2028)

• Tennis Elbow
• Golfer’s Elbow
• Pitcher’s Elbow
• Jumper’s Knee
• Swimmer’s Shoulder
• Achilles Tendonitis

Tendonitis Treatment Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Tendonitis Treatment Market

• Merck and Co., Inc.
• AstraZeneca
• Boehringer Ingelheim Pharmaceuticals, Inc.
• Abbott
• Pfizer
• Bayer AG
• GlaxoSmithKline PLC
• Almatica Pharma, Inc.
• Teva Pharmaceuticals Industries

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.

North America And Europe Medical Foods Market Plying for Significant Growth During 2021-2028: Grand View Research Inc.

 North America And Europe Medical Foods Market Growth & Trends

The North America and Europe medical foods market size is expected to reach USD 16.1 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.3% from 2021 to 2028. The growing prevalence of chronic diseases, COVID-19 pandemic, increasing geriatric population adopting medical foods, and surge in awareness regarding clinical nutrition among patients and healthcare professionals are factors boosting overall growth. In addition, the rise in the number of researches claiming positive results associated with the adoption and usage of medical foods is further propelling the market growth. As per the research paper published in the Food Science and Human Wellness journal in 2019, medical foods have shown symptomatic advantages in Alzheimer’s disease. Axona, Souvenaid, and CerefoliNAC are some of the medical foods that have shown effects on people suffering from Alzheimer’s disease.

As of 2020, the oral route of administration segment held the largest market share owing to a high preference for oral products over enteral, high commercial availability, and growing investment by major industry players. On the other hand, the enteral route segment is expected to register the fastest growth during the forecast period owing to constant improvements in enteral feeding formula and devices and the increasing prevalence of target diseases. Growing awareness among the healthcare professionals and patient population regarding the benefits of enteral medical foods is one of the crucial factors anticipated to boost the overall market growth over the forecast period.

The others segment, which includes liquid, semi-liquid, and semi-solid, accounted for the majority of revenue share in 2020. Ease of administration and presence of a large product portfolio, which cater to various medical conditions are among key factors that can be attributed to its large revenue share. On the other hand, powder medical foods are expected to be the fastest-growing segment during the forecast period. Medical foods in the form of powdered formulae are suitable for patients of all age groups, especially in the case of the oral route. This, in turn, is aiding segment growth.

The non-reimbursed segment accounted for the largest revenue share in 2020, owing to the shortage of reimbursement coverage from healthcare payers in the U.S. and European Union. On the other hand, the reimbursed segment is anticipated to register the fastest growth during the forecast period. The growth is attributed to initiatives undertaken by the government to improve reimbursement coverage. For instance, several U.S. states passed legislation to limit out-of-pocket expenses for medical nutrition therapy, limiting it to USD 100-500 per medication per month, depending on insurance plan type to increase reimbursement coverage and boost adoption of medical foods.

In 2020, other diseases segment, which includes diseases and health conditions such as Parkinson’s disease, epilepsy, and cancer-related conditions, held the largest revenue share of the market. Weight loss is a major physical change observed among cancer patients. Various medical foods are prescribed to supplement dietary requirements and enable faster recovery of patients. On the other hand, the diabetic neuropathy segment is anticipated to register the fastest growth during the forecast period. The large diseased population and rise in risk for developing neuropathy among diabetes patients are some of the key factors attributing to segment growth.

As of 2020, the institutional sales segment held the largest revenue share owing to the high consumption of medical foods for chronic disease management, primarily influenced by healthcare institutes such as hospitals, clinics, and care centers. Moreover, key players majorly rely on institutional sales channels through a group of sales representatives who sell directly to the healthcare institutions and physicians. On the other hand, the online sales segment is expected to register the fastest growth over the forecast period. This is owing to the lockdown imposed by the COVID-19 pandemic and the convenience offered by the sales channel for ordering products at the comfort of their homes.

As of 2020, North America accounted for the highest revenue share and is expected to exhibit the fastest CAGR over the forecast period. This can be attributed to an increase in the prevalence of target diseases such as diabetes, cancer, malnutrition, obesity, and cardiovascular diseases in this region. The geriatric population is also significantly high in this region. Moreover, the local presence of key market players such as Abbott, Nestlé, Danone, and Fresenius Kabi and the high revenue generated by these companies in North America are among the key factors that can be attributed to the large market share.

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North America And Europe Medical Foods Market Report Highlights

• The market is anticipated to grow well over the forecast period owing to the increasing adoption of these products for fulfilling adequate nutritional requirements
• The oral route of administration segment dominated the market in 2020 owing to increasing consumer preference for orally administered medical foods due to ease in their consumption
• The others product type segment dominated the market in 2020 owing to high commercial availability and increasing application areas of the products included in the segment
• The non-reimbursed payment scheme segment dominated the market in 2020 majorly due to the shortage of relevant reimbursement coverage for these products in the region
• The others application segment dominated the market in 2020 owing to the increasing prevalence of diseases including epilepsy, Parkinson’s disease, and cancer, and increasing demand for medical foods to fulfill daily nutritional requirement
• The institutional sales channel segment dominated the market in 2020 owing to the high demand and consumption of oral and enteral medical foods in healthcare institutions including clinics, hospitals, and care centers
• North America dominated the market in 2020 owing to the increase in healthcare spending and the presence of key market players in the region

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North America And Europe Medical Foods Market Segmentation

Grand View Research, has segmented the North America and Europe medical foods market on the basis of route of administration, product type, payment scheme, application, sales channel, and region:

North America And Europe Medical Foods Route of Administration Outlook (Revenue, USD Million, 2016 - 2028)

• Oral
• Enteral

North America And Europe Medical Foods Product Type Outlook (Revenue, USD Million, 2016 - 2028)

• Pills
• Powders
• Others

North America And Europe Medical Foods Payment Scheme Outlook (Revenue, USD Million, 2016 - 2028)

• Reimbursed
  • Diabetes
  • Chronic Kidney Disease
  • Other Applications
• Non-reimbursed
  • Diabetes
  • Chronic Kidney Disease
  • Other Applications

North America And Europe Medical Foods Application Outlook (Revenue, USD Million, 2016 - 2028)

• Chronic Kidney Disease
• Minimal Hepatic Encephalopathy
• Chemotherapy Induced Diarrhoea
• Pathogen Related Infections
• Diabetic Neuropathy
• ADHD
• Depression
• Alzheimer's Disease
• Nutritional Deficiency
• Orphan Diseases
  • Phenylketonuria
  • Eosinophilic Esophagitis
  • FPIES
  • Others
• Wound Healing
• Chronic Diarrhea
• Constipation Relief
• Protein Booster
• Dysphagia
• Other Diseases
  • Parkinson’s Disease
  • Epilepsy
  • Pain Management
  • Other Cancer Related Treatments

North America And Europe Medical Foods Sales Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Online Sales
• Retail Sales
• Institutional Sales

North America And Europe Medical Foods Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Russia

List of Key Players of North America And Europe Medical Foods Market

• Danone
• Nestle
• Targeted Medical Pharma, Inc.
• Abbott
• Primus Pharmaceuticals, Inc.
• Medtrition, Inc.
• Mead Johnson & Company, LLC
• Fresenius Kabi 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.

Clinical Trial Equipment & Ancillary Solutions Market Poised to Expand at a Robust Pace Over 2028: Grand View Research Inc.

 Clinical Trial Equipment & Ancillary Solutions Market Growth & Trends

The global clinical trial equipment & ancillary solutions market size is anticipated to reach USD 4.4 billion by 2028, according to the new report of Grand View Research, Inc., expanding at a CAGR of 8.2% over the forecast period. The growing pharmaceutical and medical sectors, globalization of clinical trials, and rising R&D expenditure are the factors driving the market.

The clinical trial procedure has evolved considerably in recent years. Complex clinical studies are creating new problems throughout the healthcare supply chain. Modern studies frequently involve huge numbers of patients and patient subgroups, as well as numerous nations and research sites. As a result, the number of challenges that supply chain managers confront while working with clinical trial equipment & ancillaries has increased. Renting medical equipment relieves the burden of storage, retrieval, and disposal. Another important decision-making reason is that renting equipment reduces significant upfront expenses and large investments required to furnish licensed clinical trial locations.

The COVID-19 pandemic has affected the global market, which resulted in slowing down the supply chain of the equipment & ancillary supplies. The COVID-19 pandemic has caused major changes in the clinical trial environment. Hundreds of experiments that were in progress before the pandemic have been halted, while many new trials have been launched in the hunt for effective therapies and interventions. COVID-19 has changed the way clinical trials are conducted, encouraging the digitization of healthcare and the adoption of cutting-edge technologies and techniques.

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Clinical Trial Equipment & Ancillary Solutions Market Report Highlights

• The supply/logistics product segment dominated the market with a revenue share of more than 38% in 2020 due to the high number of clinical trials globally, which resulted in increased demand for efficient logistics services
• The phase III segment accounted for the maximum revenue share of the global market in 2020. Phase III studies are the most effective approach to discover a new treatment standard
• North America led the global market in 2020 and is expected to remain dominant even during the forecast years due to a rise in the number of CRO and pharmaceutical & medical companies in the region
• Asia Pacific is projected to be the fastest-growing regional market during the forecast period as it is becoming an increasingly significant site for clinical trial investigations

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Clinical Trial Equipment & Ancillary Solutions Market Segmentation

Grand View Research has segmented the clinical trial equipment & ancillary solutions market on the basis of product, phase, and region:

Clinical Trial Equipment & Ancillary Solutions Product Outlook (Revenue, USD Million, 2016 - 2028)

• Sourcing
  • Procurement
  • Rental
• Supply/Logistics
  • Transportation
  • Packaging
  • Others
• Service
  • Calibrations
  • Equipment Servicing
  • Others
• Others

Clinical Trial Equipment & Ancillary Solutions Phase Outlook (Revenue, USD Million, 2016 - 2028)

• Phase I
• Phase II
• Phase III
• Phase IV

Clinical Trial Equipment & Ancillary Solutions Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Clinical Trial Equipment & Ancillary Solutions Market

• Ancillare, LP
• Imperial Clinical Research Services
• Woodley Equipment Company Ltd.
• Thermo Fisher Scientific, Inc.
• PPD, Inc.
• PAREXEL International Corp.
• MediCapital Rent
• Quipment SAS
• IRM
• Marken
• Myonex
• Yourway

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 Suction Systems Market Competitive Insight and Key Drivers 2021 to 2028: Grand View Research Inc.

 Dental Suction Systems Market Growth & Trends

The global dental suction systems market size is expected to reach USD 639.2 million by 2028, registering a CAGR of 10.2% over the forecast period, according to a new report by Grand View Research, Inc. The growth is attributable to technological advancements in dental suction products. Moreover, an increasing number of dental surgical procedures is expected to contribute to the growth of the market. Technological advancements are also expected to favor market growth. For instance, Tyscor, a new suction unit, is energy-efficient and saves more than 50% of energy. The device is also lightweight & compact and it can convert the dry suction unit to a wet suction unit. In addition, the device is the first spray mist suction unit with radial technology in the dental market.

The patients and dental staff are at high risk to get infected by the spread of harmful aerosols that are generated during dental procedures. Many people during the COVID-19 pandemic actively avoided visiting hospitals and dental clinics frequently to protect themselves from getting infected by the coronavirus. According to the Agency for Healthcare Research and Quality, in August 2020, the outbreak of coronavirus disease in 2019 had led to the closure of approximately 198,000 active dental specialists and dentists’ offices in the U.S. This has reduced the number of dental procedures and affected the overall market.

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Dental Suction Systems Market Report Highlights

• The wet suction segment accounted for the largest revenue share of more than 54% in 2020 owing to the availability of a large number of products in the market
• Wet vacuum systems are compact, occupy less space, and the noise level during the procedure is low
• In addition, they are more affordable as compared to dry vacuum systems. These benefits are expected to drive the wet product segment over the forecast period
• The dental offices end-use segment accounted for the largest share of more than 55% in 2020 owing to the increasing number of specialists working in this work setting
• North America was the largest regional market in 2020 owing to the presence of key market players, supportive reimbursement policies, and quick adoption of advanced medical technologies

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Dental Suction Systems Market Segmentation

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

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

• Wet
• Dry

Dental Suction Systems End-Use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Dental Offices

Dental Suction Systems 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 Dental Suction Systems Market

• Becker Pumps Australia
• Cattani
• Dental International
• Metasys Dental
• Eschmann
• Ads Dental System
• Ko-Maxkorea
• A-dec, Inc.
• Dentsply Sirona
• Dentalez, 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.

Magnetoencephalography Market Factors Hindering The Growth Rate, Challenges and Restraints For Business Development 2028

 Magnetoencephalography Market Growth & Trends

The global magnetoencephalography market size is expected to reach USD 353.9 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.6% from 2021 to 2028. The growing frequency of new product launches and the rise in the incidence of neurological disorders such as epilepsy and stroke are key factors driving the market. In addition, the growing geriatric population is also expected to drive the growth of the market, since they are more prone to neurodegenerative diseases. According to the World Health Organization, neurological disorders are a leading cause of death, accounting for 12.0% of all deaths worldwide.

Magnetoencephalography (MEG) technologies detect the weak magnetic fields created in the brain and use them to quantify brain functionality and map brain activity. In a clinical setting, MEG provides several inherent applications. Scans can be performed in a safe and silent atmosphere due to the passive nature of the recordings, which even allows a patient's companion to be present within the shielded area. According to a systematic review of the Global Burden of Disease study published in JAMA Neurology in 2017, non-communicable neurological disorders caused a considerable and growing burden in the United States, thus, expected to boost the market growth.

The market's prominent competitors are acquiring medium and small-sized businesses to expand their product portfolio and enhance their manufacturing capacity. For instance, in December 2020, the Magnetic Shields Limited (MSL) of Kent in partnership with the University of Nottingham has developed Cerca Magnetics Limited, a new spin-out company that will deliver the world's most advanced functional wearable brain scanner to market. It is designed to let people move around freely while being scanned.

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Magnetoencephalography Market Report Highlights

• By application, the clinical segment dominated the MEG market and accounted for the largest revenue share of over 56.0% in 2020, and is further expected to continue its dominance throughout the forecast period
• The clinical segment is further sub-segmented into dementia, autism, schizophrenia, multiple sclerosis, stroke, epilepsy, and others, in which the epilepsy sub-segment held the largest market share owing to its increasing prevalence worldwide
• Based on end-use, the hospital segment held the largest revenue share in 2020, owing to the increasing number of hospitals in developing countries and growing competition in healthcare service providers
• The imaging center segment is expected to experience the fastest growth rate during the forecast period due to its convenience, proximity, lower costs to patients, and presence of insurers
• In Asia Pacific, the market is anticipated to witness the fastest CAGR of 5.6% over the forecast period due to the presence of untapped opportunities in the emerging economies of China and India

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

Magnetoencephalography Market Segmentation

Grand View Research has segmented the global magnetoencephalography market based on application, end-use, and region:

Magnetoencephalography Application Outlook (Revenue, USD Million, 2016 - 2028)

• Clinical
  • Dementia
  • Autism
  • Schizophrenia
  • Multiple Sclerosis
  • Stroke
  • Epilepsy
  • Others
• Research

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

• Hospitals
• Imaging centres
• Academic and research institutes

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

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

List of Key Players of Magnetoencephalography Market

• Compumedics Limited
• Croton Healthcare
• Ricoh USA, Inc.
• CTF MEG International Services LP 
• FieldLine 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.