Medical Device Packaging Market Size Is Expected To Reach USD 48.97 Billion by 2028

 Medical Device Packaging Market Growth & Trends

The global medical device packaging market size is expected to reach USD 48.97 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.4% from 2020 to 2028. The market growth is attributed to the growing demand for medical devices, such as surgical implants and instruments, medical supplies, electro-medical equipment, and in-vitro diagnostic equipment. The increasing aging population that requires advanced medical treatments, coupled with the unhealthy lifestyles of people, has been resulting in the high prevalence of chronic diseases.

These medical device packaging products are manufactured through various technologies, such as heat seal and sterilization, in order to ensure product safety and convenience in use. Furthermore, several other technologies such as seal peal and counterfeit have been utilized by the manufacturers in order to hinder counterfeit and duplicate products in the market. These counterfeit technologies are also used to track the products and offer complete protection against counterfeiting through unique numbering/ serialization.

The medical device packaging industry is concentrated in the developed countries, including the U.S., Germany, the U.K., and China. due to the large production volumes of medical devices in the aforementioned countries. However, the investments in the medical device industry in developing countries, such as India and Brazil, have been growing in recent years, which is expected to benefit the market growth in the coming years.

In vitro diagnostic (IVD) devices witnessed a massives pike in demand in 2020 amid the COVID-19 outbreak. This was due to the amplified demand for infectious disease tests undertaken by countries, such as the U.S., India, China, and the U.K. The countries significantly invested in COVID-19 testing to curb the spread of the coronavirus.

The key companies operating in the market are involved in the acquisition of medium and small size companies aiming to expand their product portfolio and increase manufacturing capacity. For instance, in October 2020, CCL Industries signed an agreement to acquire Denmark-based Graphic West International ApS. The acquisition was aimed to expand the capability to serve healthcare customers in Europe and North America.

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Medical Device Packaging Market Report Highlights

• In terms of material, metal is expected to register the highest growth rate of 7.2% over the forecast period. The aluminum-based boxes, trays, and flexible pouches are prominently used products in the industry and offer an effective barrier against moisture, oxygen, and light
• By product, pouches and bags dominated the market with a share of over 35.0% in 2020. This is attributed due to the flexible feature that can accommodate medical devices of various shapes and sizes. Their small size and high product-to-package ratio enable easy storage and handling of medical devices
• In terms of application, IVDs are expected to expand at the fastest CAGR from 2020 to 2028 due to the increasing demand for infectious disease diagnostic instruments and reagents. This is due to the high demand for the aforementioned medical devices during the ongoing COVID-19 pandemic
• Europe emerged as the dominant regional market in 2020. This is due to the presence of several medical device producers that manufacture IVD test kits, ventilators, and other diagnostic devices in the countries, such as the U.K. and Germany
• Key players in the market are involved in mergers and acquisitions and geographical expansions

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Medical Device Packaging Market Segmentation

Grand View Research has segmented the global medical device packaging market on the basis of material, product, application, and region:

Medical Device Packaging Material Outlook (Revenue, USD Million, 2017 - 2028)

• Plastic
• Paper & Paperboard
• Metal
• Others

Medical Device Packaging Product Outlook (Revenue, USD Million, 2017 - 2028)

• Pouches & Bags
• Trays
• Boxes
• Clamshells
• Others

Medical Device Packaging Application Outlook (Revenue, USD Million, 2017 - 2028)

• Equipment & Tools
• Devices
• IVD
• Implants

Medical Device Packaging Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Medical Device Packaging Market

• Amcor plc
• Sonoco Products Company
• Mondi
• CCL Industries
• Constantia Flexibles
• WestRock Company
• Berry Global Inc.
• Glenroy Inc.
• SteriPack Group
• Riverside Medical Packaging Company 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.

Abaca Fiber Market Is Expected To Accomplish A Valuation Of Around USD 1.7 Billion By 2028: Grand View Research Inc.

 Abaca Fiber Market Growth & Trends

The global abaca fiber market size is expected to reach USD 1.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 15.1% from 2021 to 2028. Growing emphasis by governments across various countries towards the adoption of natural fibers is expected to drive market growth as a substitute for hazardous synthetic fibers and metals in various industries.

The paper and pulp industry is expected to be the dominant application segment over the forecast period. Specialty papers made of abaca fibers are lightweight and possess high tensile strength. Due to these properties, companies in the pulp and paper industry prefer abaca fibers for applications such as tea bags, large sausage casings, currency and security papers, and cigarette and filter papers.

The abaca fiber industry is expected to gain importance over the forecast period driven by the rising impetus towards the adoption of natural fibers. Superior performance and strength offered by the product are also expected to emerge as the key factors prompting the demand for abaca fiber over the forecast period.

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Abaca Fiber Market Report Highlights

• The pulp and paper product segment accounted for the largest revenue share valued at USD 347.3 million in 2020 owing to rising demand for non-wood fibers as raw materials for specialty paper applications
• The fiber craft product segment is expected to witness a revenue-based CAGR of 11.8% over the forecast period owing to rising demand for sustainable and renewable materials for craft applications such as decorative items, gifts, floral wraps, textiles, bags, and toys
• The cordage product segment is expected to witness a notable revenue-based CAGR of 13.3% over the forecast period on account of rapidly growing opportunities in marine and offshore cordage application scope
• Asia Pacific dominated the market in terms of revenue and was valued at USD 270.3 million in 2020, on account of wide high product demand in the manufacture of products such as ropes, currency notes, automotive, and food packaging
• Manufacturers operating in the market target Japan, the U.S., and European countries due to superior biodegradability offered by the product coupled with high consumer awareness towards the use of naturally synthesized fibers

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Abaca Fiber Market Segmentation

Grand View Research has segmented the global abaca fiber market on the basis of product and region:

Abaca Fiber Product Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

• Pulp & Paper
• Fiber Craft
• Cordage
• Textile
• Others

Abaca Fiber Regional Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
  • Spain
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
  • Philippines
• Central & South America
• Middle East & Africa

List of Key Players of Abaca Fiber Market

• A.P. Enterprises
• Yzen Handicraft Export Trading
• Specialty Pulp Manufacturing, Inc. (SPMI)
• Ching Bee Trading Corporation
• Peral Enterprises
• Sellinrail International Trading Company
• DGL Global Ventures LLC
• Terranova Papers

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.

Europe Squalene Market Size Is Expected To Reach USD 99.12 Million by 2030

 Europe Squalene Market Growth & Trends

The Europe squalene market size is expected to reach USD 99.12 million by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 10.6% from 2021 to 2030. Increasing usage of squalene in pharmaceutical products as an adjuvant for immune enhancement is one of the major factors driving the demand.

Squalene plays a vital role in certain additives, namely adjuvants that boost the immune response of the body through the active ingredients present in vaccines. In vaccines, it is used as an oil-in-water emulsion form, coupled with adjuvants and stimulants of the immune system. It plays the role of surfactant, thus increasing the response of the vaccines. As per the World Health Organization (WHO), a large number of COVID-19 vaccines were developed using squalene, which, in turn, has contributed to its demand growth in the short term.

Europe is the most attractive market for squalene, with France, Germany, and the U.K. accounting majority of the chemical’s consumption. In the U.K., the olive oil-based squalene segment is growing at a lucrative rate owing to the growing demand from several end-use industries, such as personal care and cosmetics, pharmaceuticals, and functional foods. A ban on shark oil-based squalene has encouraged European manufacturers to shift towards plant-based alternatives, such as amaranth oil, olive oil, rice bran oil, and others.

The raw material sources for manufacturing squalene mainly include animal oils, plant oils, and synthetic materials. Animal oils are mainly extracted from the livers of a shark while major plant-based oils include amaranth, olive, and rice bran. The market is regulated by stringent laws related to deep-sea fishing, especially poaching, as many of these animals are on the verge of extinction. Such conservational efforts have materialized into a regulatory ban on shark liver-derived squalene.

Although plant-based and synthetic substitutes available in the market are expensive, difficult to extract, and have higher operational costs, there has been a consistent effort in the industry to bring down the cost of inputs, increase yield levels, and market plant-based squalene at competitive prices to its animal-derived counterparts.

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Europe Squalene Market Report Highlights

• In 2020, personal care and cosmetics emerged as the largest end-use segment and accounted for more than 70.0% share of the regional revenue. Several functional attributes of squalene such as translucid, the absence of toxicity, moisturizing properties, low odor, and sensorial properties are making it one of the preferred emollients in cosmetic applications
• The pharmaceuticals end-use segment is poised to register the fastest CAGR of 10.8% in terms of revenue, over the forecast period, owing to the increasing demand for the product in over-the-counter medications, numerous health supplements, and vaccines. Its usage in the development and manufacturing of covid-19 vaccines all over the world is also a key factor complementing market demand
• Germany’s consumption of squalene is expected to exceed 20 metric tons by 2030 owing to the growing demand for plant-based squalene for the production of personal care and cosmetic products
• The market is fragmented and highly competitive. Manufacturers are largely integrated along the value chain, in their efforts to maintain production costs at viable levels
• Key manufacturers are focused on developing plant-based alternative sources to extract squalene to decrease the dependency on shark liver

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Europe Squalene Market Segmentation

Grand View Research has segmented the Europe squalene market on the basis of source, end use, and country:

Europe Squalene Source Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2030)

• Animal
• Plants
• Synthetic

Europe Squalene End-use Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2030)

• Pharmaceuticals
• Personal Care & Cosmetics
• Nutraceuticals
• Food & Beverages
• Others

Europe Squalene Country Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2030)

• UK.
• Germany
• France
• Italy
• Spain
• Russia
• Portugal
• Benelux

List of Key Players of Europe Squalene Market

• efpbiotek
• Gracefruit Limited
• VESTAN
• Henry Lamotte Oils GmbH
• Sophim
• Kuraray Europe GmbH
• Maruha Nichiro Corporation
• Wilshire Technologies Inc.

About Grand View Research

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

Expansion of Narrow Range Ethoxylates Market During 2021 – 2028 to Gain Robust Traction: Grand View Research Inc.

 Narrow Range Ethoxylates Market Growth & Trends

The global narrow range ethoxylates market size is expected to reach USD 8.04 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.0% from 2021 to 2028. The market growth can be attributed to the increasing use of narrow range ethoxylates as an industrial surfactant in various end-use applications, including paints and coatings, residential and commercial cleaning products, textiles, paper processing, and pesticide formulations.

The cost of raw materials is volatile and is expected to increase exponentially owing to various factors such as low availability and demand and supply consideration. To ensure a sustainable and continuous supply of raw materials, the manufacturers have entered long-term contracts with raw material suppliers.

Narrow range ethoxylates are sold to various end-use industries, including healthcare, household, food, and laundry. Manufacturers have entered long-term contracts with international players, thus operating as distributors and suppliers to expand their regional presence. Furthermore, several manufacturers are focusing on dealing with more than one distributor owing to price competitiveness in the market.

There is a rise in the demand for customized solutions according to the customer and end-user requirements. For instance, Sasol is one of the prominent players engaged in the bulk and custom manufacturing of narrow range ethoxylates. They provide formulations customized to specific industry needs with the highest potency available at competitive prices. Its clientele base ranges from startups to large international players involved in manufacturing agrochemicals, leather, and textile chemicals.

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Narrow Range Ethoxylates Market Report Highlights

• In terms of revenue, commercial cleaning emerged as the largest application segment with a share of 64.9% in 2020. In the commercial cleaning application segment, healthcare, hospitality, and foodservice were the dominant end uses of narrow range ethoxylates. These segments collectively accounted for a major volume share in 2020
• Asia Pacific is expected to expand at the fastest CAGR from 2021 to 2028. The growth is attributed to the high demand for household and commercial cleaning applications
• North America accounted for the second-largest share of the global demand in 2020. The region is characterized by the presence of multinational corporations and a robust supply chain mechanism catering to end-use businesses
• The market is highly dominated by multinational companies, which have diversified distribution channels through multiple partners. Companies generally operate under long-term supply agreements in order to reduce the risk of price fluctuations and stay afloat of the acceptable gross margins

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Narrow Range Ethoxylates Market Segmentation

Grand View Research has segmented the global narrow range ethoxylates market on the basis of application and region:

Narrow Range Ethoxylates Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Household Cleaning
  • Floor
  • Kitchen
  • Upholstery
  • Laundry
  • Others
• Commercial Cleaning
  • Hospitality
  • Healthcare
  • Food Service
  • Institutional Buildings
  • Laundry
  • Others
• Industrial Cleaning
  • Metal Degreasing
  • Engine Cleaning
  • Vehicle Cleaning
  • Dairy
  • Laundry
  • Others

Narrow Range Ethoxylates Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • Spain
  • France
  • Italy
  • Commonwealth of Independent States (CIS)
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Southeast Asia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • South Africa

List of Key Players of Narrow Range Ethoxylates Market

• Nouryon
• Sasol Limited
• Evonik Industries
• Venus Ethoxylates
• Univar Solutions
• Pilot Chemical Co.
• Dow Chemicals
• ESTI CHEM
• Stepan Company
• Oxiteno

About Grand View Research

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

U.S. And China Glucose Market to Expand at a CAGR of 4.8% Through 2028: Grand View Research Inc.

 U.S. And China Glucose Market Growth & Trends

The U.S. and China glucose market size is expected to reach USD 9.44 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.8% from 2020 to 2028. The demand for glucose (dextrose) in the U.S. and China market is estimated to be driven by the expanding and developing sugar products sector, the growing pharmaceutical sector, and shifting preference towards natural ingredients across cosmetics and personal care products.

In the food and beverages application segment, the bakery and confectionery segment dominated the U.S. and China market with a revenue share of 9.5% in 2020. The rapidly increasing demand for a variety of bakery products, such as biscuits, bread, cakes, pastries, cookies, frostings, crackers, rolls, and doughnuts, is driving the market value of the segment. Moreover, increasing innovations in bakery items, particularly to meet the changing eating habits of the consumers, are boosting the market growth. Corn syrup is not a direct substitute for sugar but it provides several benefits like it promotes browning and consistency in baking when combined with other sugars and it is not as sweet as sugar.

Confectionery products are gaining growth in the U.S. and China market owing to the increasing number of manufacturers in the local markets. Glucose (dextrose) is an essential ingredient in the development of a wide range of confectionery products, such as candy, sweets, gums, and jellies. The inclination towards organic chocolates and candies in the market is likely to create potential demand over the forecast period. Additionally, the rising awareness and demand for medicated gummies that provide health benefits are supporting the demand for glucose in the confectionery market. For instance, YUM-V'S Glucose Gummies with fruit flavor is a chewable nutritional supplement for men and women that can increase blood sugar levels and boost energy.

The glucose (dextrose) market in China captured the largest revenue share of 50.9% in 2020. There is a slight difference in the revenue share of the U.S. and China owing to the large customer base in the China market. The country has a large number of local players such as Guangzhou Shuangqiao Company LTD., Fengchen Group Co. Ltd., Sinofi Ingredients, Henan Fenghe Chemical Co., Ltd., Dancheng Caixin Sugar Industry Co. Ltd., and Xiwang Group, which is supporting its dominating share in terms of both revenue and volume. The rapidly growing population, coupled with the changing food habits of the consumers, is supporting the market growth.

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U.S. And China Glucose Market Report Highlights

• The syrup form segment accounted for the largest revenue share of 69.2% in 2020. This is because of its exceptional properties such as prevention of crystallization and enhancing taste and texture, which has increased its application in bakery, confectionery, and dairy productsin the U.S. and China. On the back of this, the syrup segment is projected to maintain its lead from 2020 to 2028
• The food and beverages application segment accounted for the largest revenue share of 54.9% in 2020 owing to the potential demand for glucose across confectionaries, soft drinks, energy drinks, fruit drinks, bakery products, and soups. Rising demand for on-the-go packaged products, along with a growing preference for functional food and beverages, is anticipated to support the glucose (dextrose) market growth from 2020 to 2028
• The China glucose (dextrose) market is expected to register the fastest CAGR from 2020 to 2028. This is supported by the expansion plans of major manufacturers in order to take advantage of available opportunities. The market is gaining pace owing to the increasing investments in research and development (R&D) activities in the F&B sector and the strong presence of local players in the China market. For instance, Guangzhou Shuangqiao Company LTD. has the largest production base of starch sugar in South China and its sales volume has more than 90% share in the starch sugar market of South China. Additionally, the company is making its way for ingredients in the major global brands like Coca-Cola, PepsiCo, China Resources Breweries, Robust, Uni-president, Wahaha, Yili, Want-Want, and Masterkong in Chongqing, Sichuan, Yunnan, and Guizhou
• Major manufacturers are investing in the Chinese glucose (dextrose) industry to increase their production capabilities in order to meet the evolving needs across the food and beverage sector. The country has the largest and most dynamic food market across the globe and serving around 1,445.3 million population. For instance, in 2018, Tate & Lyle PLC has doubled the size of its food application laboratory in Shanghai, particularly to meet growing consumer demand

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U.S. And China Glucose Market Segmentation

Grand View Research has segmented the U.S. and China Glucose market based on form, application, and country:

U.S. & China Glucose (Dextrose) Form Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Syrup
• Solid

U.S. & China Glucose (Dextrose) Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Food & Beverages
  • Bakery & Confectionery
  • Dairy
  • Soups, Dressings & Sauces
  • Beverages
  • Others
• Pharmaceutical
• Cosmetic & Personal Care
• Pulp & Paper
• Others

U.S. & China Glucose (Dextrose) Country Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• US.
• China

List of Key Players of U.S. And China Glucose (Dextrose) Market

• Archer Daniels Midland Company (ADM)
• Ingredion Incorporated
• AGRANA Beteiligungs-AG
• Tate & Lyle PLC
• Cargill, Incorporated
• Roquette Frères
• Grain Processing Corporation
• Tereos S.A.
• Fooding Group Limited
• Global Sweeteners Holdings Limited
• Guangzhou Shuangqiao Company LTD.
• Fengchen Group Co., Ltd.
• Sinofi Ingredients
• Henan Fenghe Chemical Co., Ltd.
• Dancheng Caixin Sugar Industry Co. Ltd.
• XIWANG 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.

Everything You Need To Know About HVAC Systems

 

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HVAC (Heating, ventilation, and air conditioning) demand is primarily driven by the advent of novel technologically advanced products, which are energy-efficient and can be remotely accessed. The use of natural refrigerants, such as CO2, coupled with increasing efforts by various governments across the globe to promote energy-efficient products is expected to drive the market. Furthermore, a paradigm shift towards the adoption of energy-efficient air conditioners that reduce costs and power wastage is expected to upkeep HVAC demand over the forecast period.

Mobile Phone Insurance Market Size Is Expected To Reach USD 59.97 Billion by 2028

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Increasing incidents of accidental damage, phone thefts, virus infection, and device malfunction are expected to drive market growth over the forecast period. These incidents have impelled customers to look for ways to safeguard their mobile phones and thereby, adopt mobile phone coverage policies. Mobile phone insurance helps consumers avoid high replacement costs in case their mobile phone is lost or faces a breakdown. A mobile phone insurance policy usually covers physical damage, internal coverage failure, theft and loss protection, and virus and data protection, among others.

Cold Chain: Increasing Demand For Quality Food

 

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The growing penetration of connected devices and automation of refrigerated warehouses across the globe is anticipated to spur the industry growth over the forecast period. An increasing number of organized retail stores in emerging economies are leading to increased demand for cold chain solutions. Moreover, trade liberalization, government efforts to reduce food waste, and expansion of retail chains by multinational companies are expected to boost industry growth over the forecast period.

Property Management Software Market 2021-2028 Analysis By Leading Players, Types, Growth Factors, Demand, Opportunities, Current Trends & Predictions

 Property Management Software Market Growth & Trends

The global property management software market size is anticipated to reach USD 4.2 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.8% from 2021 to 2028. The increasing preference of owners and property managers for scalability is one of the key factors expected to boost the market growth. Also, factors such as rising infrastructure development, coupled with the need to maintain property-related documents for seamless functioning are anticipated to be one of the strongest growth boosters.

The demand for Property Management Software (PMS) has increased in the past few years for hotels and residential suites. Availability of internet bandwidth and virtual storage are a few of the factors influencing the demand in the hotel industry and residential sector. Also, the PMS in the residential suites has grown into a strategic position owing to developments in information and communications technology. Therefore, automation serves a wide array of PMS functions, including lease, notices, vacancy, invoice preparation, and circulars for the residential sector. PMS eliminates repetitive tasks, allows better communication, and standardizes hotel management.

Escalating demand for outsourcing services is another prominent factor positively affecting the growth. In recent years, several market players are focusing on offering technologically advanced PMS solutions such as cloud-based and AR-based solutions, which are quite tough to be managed in-house, as it involves a huge cost for recruiting a technically advanced workforce and spending on their training for the software. To overcome these challenges, numerous organizations outsource these services to PMS service providers. Moreover, an increase in outsourcing activities in Asia counties such as India and the Philippines from the Middle East and Western countries appears to be a significant contribution to regional market growth.

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Property Management Software Market Report Highlights

• The market for property management software is anticipated to witness substantial growth during the forecast period owing to the increasing investments in real estate and the rise in the demand for transparency in property management
• The cloud segment accounted for the largest market share in 2020, owing to factors such as scalability, ease of use, cost-effectiveness, and fewer disputes with tenants
• The property managers/ agents segment accounted for the largest market share in 2020, owing to an increasing number of commercial property and real estate developments across the globe
• The commercial segment is expected to register highest growth over the forecast period. Rising demand for cyber risk management and growing disposable income are the key factors expected to fuel investments in the commercial sector
• North America accounted for the largest revenue share in 2020, owing to the presence of prominent players offering PMS solutions/services in the region
• New product development and partnerships and collaborations remain the major strategy adopted by the leading service provider in the market

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Property Management Software Market Segmentation

Grand View Research has segmented the global property management software market based on deployment, application, end-user, and region:

Property Management Software Deployment Outlook (Revenue, USD Million, 2017 - 2028)

• Cloud
• On-premises

Property Management Software Application Outlook (Revenue, USD Million, 2017 - 2028)

• Residential
  • Multi-family Housing/ Apartments
  • Single-family Housing
  • Others
• Commercial
  • Retail Spaces
  • Office Spaces
  • Hotels
  • Others

Property Management Software End-user Outlook (Revenue, USD Million, 2017 - 2028)

• Housing Associations
• Property Managers/ Agents
• Property Investors
• Others

Property Management Software Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Property Management Software Market

• AppFolio, Inc.
• Console Australia Pty Ltd
• CORELOGIC
• Entrata, Inc.
• InnQuest Software
• IQware Inc.
• MRI Software LLC
• RealPage, Inc.
• Yardi Systems 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.

Online Video Platform Market Predicted to Cross USD 22.85 Billion by 2028: Grand View Research Inc.

 Online Video Platform Market Growth & Trends

The global online video platform market size is expected to reach USD 22.85 billion by 2028, according to a new report by Grand View Research, Inc. The market is anticipated to register a CAGR of 18.4% from 2021 to 2028. The increasing adoption of video content for advertisement and branding activities over traditional marketing campaigns across sectors/industries, such as e-commerce, healthcare, manufacturing, and real estate, is driving the market. For instance, sellers on e-commerce sites such as Amazon and Zappos.com use product videos on their portals to provide customers a 360-degree view of products and help them choose the best match. The increased expenditure on online video advertisements is acting as a major factor driving the growth of the market. For instance, in 2019, SAMSUNG Electronics spent around USD 2.41 billion majorly on an online video campaign to promote its Galaxy series smartphones in the U.S.

The rising participation of the global population in online video streaming activities has been recognized as a significant factor driving the global market growth. Live video streaming is gradually becoming an essential advertisement model for various brands. One of the biggest gainers of this business model is live sports streaming channels. The rising number of sporting events globally and a continuously increasing number of subscribers make online video platforms a lucrative investment opportunity for the media and entertainment industry. Furthermore, the advent of the 5G telecom network is enabling viewers to stream HD video content seamlessly. In addition, The e-learning business has become one of the leading beneficiaries of the live streaming video platform due to the increasing adoption of e-learning in corporate and academic setups coupled with the increased number of mobile learning applications containing analytics that helps track the progress of students.

The outbreak of the novel coronavirus has led to lockdowns across several regions, resulting in a significant rise in the consumption of online video content as people look at indoor entertainment options to pass their idle time. The lockdowns have also resulted in several governments mandating schools and colleges to conduct online classes. The pandemic has played a significant role in increasing the overall share of the education segment in the market. The rise in online classes has resulted in an overall rise in the revenue of many e-learning platforms. Platforms such as KopyKitab, Unacademy, Vedantu, and Byju's, have witnessed revenue growth in the range of 60% to 200% on a week-on-week basis during the pandemic.

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Online Video Platform Market Report Highlights

• The media and entertainment end-user sector is expected to exhibit significant growth during the forecast period owing to an increase in the demand for live video streaming and Video on Demand (VoD) content
• The Asia Pacific regional market is projected to substantial to record the highest CAGR of nearly 19% during the forecast period
• The key players in the market are Akamai Technologies Inc.; Brightcove Inc.; Comcast Cable Communications Management, LLC.; Endavo Media.; Frame.io Inc.; Kaltura, Inc.; Limelight Networks; Longtail Ad Solutions, Inc.; MediaMelon Inc.; Ooyala (Telstra); Panopto; SpotX, Inc.; and Wistia Inc.

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Online Video Platform Market Segmentation

For this report, Grand View Research has segmented the global online video platform market based on component, type, streaming type, end-user, and region:

Online Video Platform Component Outlook (Revenue, USD Million, 2018 - 2028)

• Solution
• Services

Online Video Platform Type Outlook (Revenue, USD Million, 2018 - 2028)

• Video Processing
• Video Management
• Video Distribution
• Video Analytics
• Others

Online Video Platform Streaming Type Outlook (Revenue, USD Million, 2018 - 2028)

• Live Streaming
• Video on Demand

Online Video Platform End-user Outlook (Revenue, USD Million, 2018 - 2028)

• Media & Entertainment
• BFSI
• Retail
• Education
• IT and Telecom
• Others

Online Video Platform Regional Outlook (Revenue, USD Million, 2018 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
• Asia Pacific
  • China
  • Japan
  • India
• South America
  • Brazil
• Middle East and Africa (MEA)

List of Key Players of Online Video Platform Market

• Akamai Technologies
• Brightcove Inc.
• Comcast Cable Communications Management, LLC
• Endavo Media.
• io, Inc.
• Kaltura, Inc.
• Limelight Networks
• Longtail Ad Solutions, Inc.(JW Player)
• Ooyala (Telstra)
• MediaMelon Inc.
• Panopto
• SpotX, Inc.
• Wistia 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.

Chromatography Software Market to Partake Significant Development During 2021 to 2028: Grand View Research Inc.

 Chromatography Software Market Growth & Trends

The global chromatography software market size is expected to reach USD 1.8 billion by 2028, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.9% from 2021 to 2028. Some of the factors contributing to market growth are the rise in the adoption of chromatography technology in R&D activities in various fields and industry verticals and the rising investment in pharmaceutical research and development.

The growing regulations and concerns related to food and drugs, the environment, and the extensive growth in the pharmaceutical research activities to develop drugs, further support the demand for chromatography techniques and supporting software. Moreover, the Covid-19 had a positive impact on the market owing to an increase in the research activities using chromatography techniques to analyze the drugs and their efficacy as a treatment.

The usage of chromatography technology in research activities and growing automation and technological integration for improved efficiency and performance are further boosting the market growth. In addition, the growth in the number of market players offering advanced solutions and technologies by developing comprehensible software and configurable interface for improved efficiency, and accurate and swift results is further driving the adoption of chromatography software.

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Chromatography Software Market Report Highlights

• The integrated segment dominated the market in terms of revenue share in 2020 owing to a rise in the adoption and demand for workflow integration for faster coordination and access to data
• The web and cloud-based segment held a higher market share in 2020 as it facilitates the real-time tracking of data, higher free storage to store a huge amount of data, quick and remote access to the data, lower handling cost, and easy data backup
• The pharmaceutical industry segment dominated the market in 2020 in terms of revenue share as chromatography techniques are used for quality assurance activities to produce purified safe products in the pharmaceutical industry
• In 2020, North America held the majority of the market share in terms of revenue owing to the higher adoption of technology in laboratory testing and research activities in the region. Moreover, the technologically advanced infrastructure and the presence of key market players are likely to support market growth
• In Asia Pacific, the market is expected to grow fast over the forecast period due to the rise in the adoption of technology and automation in research activities and laboratories, and the rise in the government initiatives towards automation and technological development in laboratories and research activities

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Chromatography Software Market Segmentation

Grand View Research has segmented the global chromatography software market based on type, deployment model, application, and region:

Chromatography Software Type Outlook (Revenue, USD Million, 2016 - 2028)

• Standalone
• Integrated

Chromatography Software Deployment Model Outlook (Revenue, USD Million, 2016 - 2028)

• On-premise
• Web & Cloud-Based

Chromatography Software Application Outlook (Revenue, USD Million, 2016 - 2028)

• Pharmaceutical Industry
• Forensic Testing
• Environmental Testing
• Food Industry

Chromatography Software Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Chromatography Software Market

• Agilent Technologies Inc.
• Bruker Corporation
• Cytiva, DataApex
• Gilson Inc.
• KNAUER
• Restek Corporation
• Scion Instruments
• Shimadzu Corporation
• Waters Corporation

About Grand View Research

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

Intrathecal Pumps Market Significant Profits Estimated to be Generated by 2028: Grand View Research Inc.

 Intrathecal Pumps Market Growth & Trends

The global intrathecal pumps market size is expected to reach USD 462.1 million by 2028, registering a CAGR of 5.1% over the forecast period, according to a new report by Grand View Research, Inc. Intrathecal pump is a highly efficient device that helps improve chronic pain conditions in patients with cancer and other related disorders. The increase in the prevalence of chronic pain conditions, the growing geriatric population, and the reduced or complete elimination of pain killers by patients are expected to contribute to the market growth. Intrathecal pumps are better than oral medications because they work directly in the Cerebrospinal Fluid (CSF), allowing drugs to be absorbed faster and more effectively.

Improved features, technological improvement, and a higher product demand will boost the market growth. Many global, as well as local key players in the market, are opting for different strategies. In February 2020, Flowonix Medical received the U.S. FDA approval to market its Prometra II Programmable Pump System. However, there are several drugs, which are not approved for intrathecal usage by the FDA. The FDA has also alerted patients and healthcare providers about the risk of using medications that have not been approved by the FDA.

As a result of the COVID-19 pandemic, the healthcare system had to deal with a lot of challenges. All outpatient and elective interventional procedures were limited or stopped to lower the impact of the virus outbreak. Also, most chronic pain therapies were regarded as non-urgent. The market, however, is projected to experience gradual growth with all services being restored. Furthermore, the increase in the geriatric population, which is prone to chronic pain, has increased the product demand. According to the National Institute on Aging (NIA), the geriatric population would be around 72 million by 2030.

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Intrathecal Pumps Market Report Highlights

• The morphine segment dominated the market and accounted for the largest revenue share of more than 31% in 2020 owing to its effectiveness to cure chronic pain
• The pain segment held the largest revenue share of over 70% in 2020 and is further estimated to grow at the fastest CAGR from 2021 to 2028
• This is because pain is a component of many chronic illnesses and its increasing prevalence is expected to propel segment growth
• North America dominated the market and accounted for the largest revenue share of more than 40.5% in 2020
• Asia Pacific is expected to be the fastest-growing regional market at a CAGR of 6.9% over the forecast period
• Leading manufacturers are investing in developing new products to gain a competitive advantage

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Intrathecal Pumps Market Segmentation

Grand View Research has segmented the global intrathecal pumps market based on type, application, and region:

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

• Baclofen
• Bupivacaine
• Clonidine
• Morphine
• Ziconotide
• Others

Intrathecal Pumps Application Outlook (Revenue, USD Million, 2016 - 2028)

• Spasticity
• Pain

Intrathecal Pumps 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
• Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players of Intrathecal Pumps Market

• Tricumed Medizintechnik GmbH
• Codman and Shurtleff
• Teleflex, Inc.
• Flowonix Medical Inc.
• Zimmer Biomet
• 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.

Dental Bone Void Filler Market Will See Strong Expansion Through 2028: Grand View Research Inc.

 Dental Bone Void Filler Market Growth & Trends

The global dental bone void filler market size is expected to reach USD 127.0 million by 2028, registering a CAGR of 5.6%, according to a new report by Grand View Research, Inc. The growth is attributable to the biological performance of materials, such as calcium phosphate-based bone substitutes that are biocompatible, have good volume maintenance over time, and are bioabsorbable. Dental professionals are at risk of contracting COVID-19 infection due to proximity with patients during the dental procedures. This factor has created fear among the dental professionals leading to reduced patient intake, which can, in turn, hamper the market growth.

Bone grafting is being widely practiced in dentistry as poor fixation and loosening of dental implants are common complications. Thus, void fillers are used to minimize these complications and facilitate cellular growth & targeted high-quality bone formation, as well as increase the contact interface with the graft. This results in stabilization and better fixation of dental implants. Such benefits are expected to boost market growth.

The global market is also driven by the availability of advanced materials, such as hydroxyapatite. For instance, Osbone, hydroxyapatite, is a graft material indicated for augmentation of the atrophied alveolar ridge and filling bone defects. The benefit of Osbone includes a minimal residual risk of allergic and infections reactions., which, in turn, ensures long-term and fast stability of the scaffolding for bone generation. Such advantages increase the demand for the product thus boosting the market.

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Dental Bone Void Filler Market Report Highlights

• Technological advancements are expected to propel market growth. For instance, a three-dimensional scaffold supports new tissue growth of a Demineralized Bone Matrix (DBM) that has osteoinductive qualities
• DBM provides a framework for matrix and cell protein adhesion and contains osteogenic substances that help induce new bone growth. Thus, 3D technology increases the demand for DBM, thus propelling the market growth.
• The DBM segment accounted for the largest revenue share of nearly 25% in 2020 owing to growing technological advancements in the medical-dental field
• North America contributed for the second-largest share of around 38.0% owing to the high healthcare expenditure
• In addition, the presence of key companies and well-established reimbursement policies will boost the regional market growth

Access Press Release@ https://www.grandviewresearch.com/press-release/global-dental-bone-void-filler-market

Dental Bone Void Filler Market Segmentation

Grand View Research has segmented the global dental bone void filler market on the basis of material type and region:

Dental Bone Void Fillers Material Type Outlook (Revenue, USD Million, 2016-2028)

• Tricalcium Phosphate Ceramics
• Biphasic Calcium Phosphate Ceramics
• Calcium Phosphate Cements
• Calcium Sulfates
• Demineralized Bone Matrix (DBM)
• Others

Dental Bone Void Fillers 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
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players of Dental Bone Void Filler Market

• Curasan, Inc.
• Olympus Terumo Biomaterials Corp.
• Medtronic
• GRAFTYS
• DePuy Synthes Companies
• Stryker

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.