Wi-Fi 6 and Wi-Fi 6E Chipset Market Expectations Acme Prominent Development in Developed Regions, Details Gvr Study

 Wi-Fi 6 And Wi-Fi 6E Chipset Market Growth & Trends

The global wi-fi 6 and wi-fi 6E chipset market size is estimated to reach USD 43.18 billion by 2028, registering a CAGR of 19.7% from 2021 to 2028, according to a new study by Grand View Research, Inc. Increasing bandwidth capacity demand among consumers and enterprises for providing support for smart devices is one of the key driving factors for the market growth.

Growing trends for e-learnings have augmented the deployment of next-generation WLAN infrastructure across several universities, schools, offices, and residents. Also, accessing the uninterrupted content during online video streaming services has increased the installation of wi-fi 6 and wi-fi 6E devices across the globe. Resultantly, it is expected to propel the wi-fi 6 and wi-fi 6E chipsets demand from 2021 to 2028.

With the evolution of industry 4.0., large and medium manufacturers such Ford Motor Company, Ericsson, General Motors Company, and BMW Group are significantly implementing new technologies to transform their facilities into smart factories. A smart factory integrates various intelligent devices such as IoT sensors, collaborative robots, wireless cameras, and automated guided vehicles (AGV), and others. Providing seamless connectivity to these devices requires next-generation infrastructure, which is expected to accelerate the wi-fi 6 and wi-fi 6E devices adoption worldwide. Therefore, it is anticipated to fuel their chipsets demand over the next seven years.

Wi-fi 6 and wi-fi 6E devices support multi-users multi-input multi-output (MU-MIMO) communications. The technology can handle up to 12 downstream and upstream data streams on different frequency bands, such as 2.4GHz, 5GHz, and 6GHz. With the significant investments in building smart cities globally, the next-generation wireless devices would play a vital role in catering to the need for unified internet connectivity for the mass population in public venues such as bus stands, railway stations, airports. Thus, it is expected to bolster the market growth from 2021 to 2028.

Initially, in Q2 and Q3 of 2020, the outbreak of COVID-19 has affected the overall production and supply of wi-fi 6 chipsets globally. This was primarily due to the lockdown implemented by the federal governments across key countries such as the U.S., the U.K., Germany, and China and the temporary shutdown of manufacturing facilities and international borders. However, latter Q3 of 2020, the national governments across key countries provided relaxations in the lockdown and infused significantly to recover the economic growth. Thus, it is foreseen to push the overall market growth in the next seven years. Moreover, the robust investments in the healthcare sector to build digitally advanced infrastructure is further expected to drive the market growth.

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Wi-Fi 6 And Wi-Fi 6E Chipset Market Report Highlights

• In 2020, the WLAN infrastructure devices segment accounted for a significant market volume, i.e., 393.6 million units, due to the rapidly growing deployment of wi-fi 6 routers and gateways across residential, commercial, and industrial applications
• In terms of value, the wi-fi 6E segment is projected to surpass the total market size by 2028. The high growth is attributable to the extended range of frequency band, i.e., 6GHz supporting capabilities, enabling mission-critical applications such as connected vehicles
• In terms of volume, Asia Pacific dominated the market, accounting for 376.5 million units in 2020. The significant share is ascribed to the presence of many electronic manufacturing bases across key countries such as China, Japan, South Korea, and others
• Rapidly rising spending in building digital infrastructure across the healthcare sector, smart city projects, smart factories, and corporates is projected to capture the U.S. market size of USD 14.3 billion by 2028
• Several prominent players across the globe are aggressively focusing on mergers and acquisitions to strengthen their market presence and expand the overall product offerings
• Prominent players in the market include Broadcom Inc.; Qualcomm Technologies, Inc.; ON Semiconductor Connectivity Solutions, Inc.; Intel Corporation; Celeno; MediaTek Inc.; Texas Instruments Incorporated; Cypress Semiconductor Corporation; STMICROELECTRONICS N.V.; NXP SEMICONDUCTORS N.V.

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Wi-Fi 6 And Wi-Fi 6E Chipset Market Segmentation

Grand View Research has segmented the global wi-fi 6 and wi-fi 6E chipset market based on chipset type, device type, application, and region:

Wi-Fi 6 and Wi-Fi 6E Chipset Type Outlook (Volume, Million Units; Revenue, USD Million, 2019 - 2028)

• Wi-Fi 6
• Wi-Fi 6E

Wi-Fi 6 and Wi-Fi 6E Chipset Device Type Outlook (Volume, Million Units; Revenue, USD Million, 2019 - 2028)

• WLAN Infrastructure Devices
• Consumer Devices
  • Smartphones/Tablets
  • Desktops/Laptops
  • AR/VR and Wearables
  • Smart Home Devices
  • Others
• Wireless Cameras
• Industrial IoT Devices
• Connected Vehicles
• Drones
• Others

Wi-Fi 6 and Wi-Fi 6E Chipset Application Outlook (Volume, Million Units; Revenue, USD Million, 2019 - 2028)

• Residential/Consumer
• Commercial
  • Enterprises/Corporates
  • Airports
  • Stadiums
  • Malls/Shops
  • Hospitals
  • Hotels & Restaurants
  • Educational Campuses
  • Others
• Industrial
  • Smart Manufacturing
  • Energy & Utility
  • Oil & Gas and Mining
• Smart City
• Transportation & Logistics
• Government & Defense
• Others

Wi-Fi 6 and Wi-Fi 6E Chipset Regional Outlook (Volume, Million Units; Revenue, USD Million, 2019 - 2028)

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

List of Key Players of Wi-Fi 6 and Wi-Fi 6E Chipset Market

• Broadcom Inc
• Qualcomm Technologies, Inc.
• ON Semiconductor Connectivity Solutions, Inc.
• Intel Corporation
• Celeno
• MediaTek Inc. 
• Texas Instruments Incorporated
• Cypress Semiconductor Corporation 
• STMICROELECTRONICS N.V.
• NXP SEMICONDUCTORS N.V.
• Others

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.

Healthcare Video Conferencing Solutions Market to Undertake Strapping Growth By 2028

 Healthcare Video Conferencing Solutions Market Growth & Trends

The global healthcare video conferencing solutions market size is expected to reach USD 114.46 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.9% from 2021 to 2028. The key factors driving the market include robust urbanization and increasing penetration of telemedicine solutions. Furthermore, technological advancements by market players are anticipated to positively influence the market growth.

Market players witnessed tremendous growth in their revenues during the COVID-19 pandemic due to the increased demand for their video conferencing solutions. For instance, Adobe observed a 15% increase, and Pexip LLC witnessed around a 54.5% increase in their revenues from 2019 to 2020. However, they are not certain regarding the demand for their video conferencing solutions after the pandemic. For instance, Zoom Video Communications, Inc. in its 2020’s annual report stated that as the COVID-19 pandemic is getting curbed due to the widespread availability of vaccinations, it might result in a decline in paid hosts and users as people/patients will no longer be required to stay at home and they can directly visit the clinics and hospitals for the treatment of their medical problems.

Investments by major companies to launch new technologically advanced products in the market are expected to fuel the market growth. For instance, in April 2021, Intrado Corporation launched the SD-WAN Thin Edge, which is developed in collaboration with Infiot, which develops solutions for remote-first applications. It is designed for connecting remote workers, fixed and mobile sites, and IoT devices over LTE cellular networks.

Market players are investing in many strategic initiatives, such as acquisitions, mergers, partnerships, and product launches, to maintain a competitive edge in the market. For instance, in December 2020, Intrado Corporation acquired Asparia, Inc., a provider of patient engagement solutions for hospitals, medical practices, and health systems.

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Healthcare Video Conferencing Solutions Market Report Highlights

• The growing technological advancements, coupled with the adoption of telemedicine solutions, is expected to boost the market growth
• Based on deployment mode, the on-premise segment led the market in 2020 owing to its high adoption by the healthcare providers
• By component, the hardware segment held a dominant market share in 2020 owing to the growing technological advancements related to the segment
• North America led the market in 2020 with a revenue share of more than 35.0% owing to the presence of major market players
• The Middle East and Africa is expected to be the fastest-growing regional market from 2021 to 2028 owing to the rise in the number of healthcare facilities and the need for continuous training for medical students and new doctors, especially during the pandemic
• Major players are involved in new product launches, mergers & acquisitions, and collaborations to grow in the market

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Healthcare Video Conferencing Solutions Market Segmentation

Grand View Research has segmented the global healthcare video conferencing solutions market on the basis of deployment mode, component, and region:

Healthcare Video Conferencing Solutions Deployment Mode Outlook (Revenue, USD Million, 2016 - 2028)

• On-premise
• Cloud-based

Healthcare Video Conferencing Solutions Component Outlook (Revenue, USD Million, 2016 - 2028)

• Software
• Hardware
• Services

Healthcare Video Conferencing Solutions Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Healthcare Video Conferencing Solutions Market

• Adobe
• Pexip AS
• Zoom Video Communications, Inc.
• Intrado Corporation
• Vidyo, Inc.
• Plantronics, Inc.
• Logitech
• Huawei Technologies Co., Ltd.
• Cisco
• Avaya 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.

China Vascular Grafts Market Plying for Significant Growth During 2021-2028: Grand View Research Inc.

 China Vascular Grafts Market Growth & Trends

The China vascular grafts market size is expected to reach USD 172.8 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.6% from 2021 to 2028. The increasing prevalence of cardiovascular diseases, diabetes, and end-stage renal disease are the factors driving the market. The rise in the number of people suffering from these conditions is expected to boost the demand for these products in the coming years. In addition, the development of novel technologies, such as tissue-engineered materials, is expected to boost overall revenue over the forecast period. The COVD-19 pandemic has negatively impacted the country’s growth due to the increasing focus on COVID-19 treatment and recommended deferrals of elective medical procedures in the country.

In 2020, the endovascular stent-grafts product segment held the largest revenue share. The growth in the adoption of minimally invasive endovascular procedures due to their benefits such as short hospital stays low mortality rate, and perioperative morbidity, driving the segment growth. On the other hand, the peripheral vascular grafts segment is anticipated to be the fastest-growing segment during the forecast period owing to the increasing number of patients suffering from peripheral artery disease in China.

The cardiac aneurysm application segment accounted for the largest revenue share in 2020. The increasing prevalence of unruptured saccular aneurysms, affecting the flow of intracranial arteries, is expected to boost the adoption of these products over the forecast period. Abdominal Aortic Aneurysms (AAA) have a worse prognosis in men and have gained considerable attention in recent years, hence, gender-specific research about the development of novel products is expected to gain momentum over the forecast period. On the other hand, vascular occlusion application is expected to be the fastest-growing segment during the forecast period due to the increasing prevalence of vascular occlusive diseases and the easy availability of graft procedures. Technological advancements resulting in the development of novel therapies, which help to reduce the severity of acute ischemia after occlusion of PTFE grafts and thereby, minimizing the risks associated with prosthetic vascular grafts.

As of 2020, the polytetrafluoroethylene raw material segment accounted for the largest revenue share. It is anticipated to witness the fastest CAGR during the forecast period. Multiple applications of polytetrafluoroethylene vascular grafts, such as replacement of diseased arteries and creation of dialysis access site, along with many players offering a variety of polytetrafluoroethylene-based products are among factors supporting overall growth. In addition, easy availability of raw material and high tensile strength and durability are also responsible for high adoption in China.

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China Vascular Grafts Market Report Highlights

• The market is expected to witness significant growth by 2028, owing to rising demand for minimally invasive procedures and the continuous introduction of innovative solutions
• The endovascular stent-grafts segment has dominated the market in 2020 due to increasing consumer preference for minimally invasive endovascular stent-grafts in China
• The cardiac aneurysm application segment dominated the market in 2020 due to the increasing prevalence of cardiovascular diseases in China
• The polytetrafluoroethylene raw material segment dominated the market in 2020 due to the rise in the number of players offering polytetrafluoroethylene vascular grafts

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China Vascular Grafts Market Segmentation

Grand View Research, Inc. has segmented the China vascular grafts market on the basis of product, application, and raw material:

China Vascular Grafts Product Outlook (Revenue, USD Million, 2016 - 2028)

• Hemodialysis Access Grafts
• Endovascular Stent Grafts
• Coronary Artery By-Pass Grafts
• Vascular Grafts for Aorta Disease
• Peripheral Vascular Grafts

China Vascular Grafts Application Outlook (Revenue, USD Million, 2016 - 2028)

• Cardiac Aneurysm
  • Endovascular Stent Graft
  • Vascular Graft
• Kidney Failure
• Vascular Occlusion
• Coronary Artery Disease

China Vascular Grafts Raw Material Outlook (Revenue, USD Million, 2016 - 2028)

• Polyester
• Polytetrafluoroethylene
• Polyurethane
• Biological Material Based Vascular Grafts
  • Human Saphenous and Umbilical Veins
  • Tissue Engineered Materials

List of Key Players of China Vascular Grafts Market

• Medtronic plc
• Terumo Corporation
• LeMaitre Vascular, Inc.
• C.R. Bard; W.L. Gore and Associates, Inc.
• Cook
• Shanghai Suokang Medical Implants Co. Ltd.
• Getinge AB

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.

Surgical Masks Market is Thriving USD 685.5 Million Revenue by 2028: Grand View Research Inc.

 Surgical Masks Market Growth & Trends

The global surgical masks market size is anticipated to reach USD 685.5 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.5% from 2019 to 2028. The market growth is associated with the increasing demand for respiratory protection in the healthcare industry, during the COVID-19 pandemic and rising awareness regarding healthcare-associated infections.

Rapid development in medical diagnostics and an increasing number of operations and medical procedures performed throughout the world are factors projected to boost the demand for surgical masks. Furthermore, rising awareness pertaining to the protection provided by these masks against airborne illnesses is expected to supplement the market growth.

The COVID-19 pandemic has severely affected several countries globally, owing to which the demand for various PPE products, including medical face masks, has increased significantly. Thus, to cater to this increased demand, several manufacturers have increased their production capacities.

Companies focus on integration across various stages of the value chain to gain a competitive edge in the market. In November 2020, Medline Industries, Inc. announced its plans for manufacturing face masks in North America. The company is modifying its Lithia Springs, Georgia-based manufacturing plant and began its production in January 2021.

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Surgical Masks Market Report Highlights

• The basic surgical masks segment accounted for 43.3% of the global revenue share in 2020 on account of the easy availability of the product, increased demand for respiratory protection during the COVID-19 pandemic, and extensive use in the healthcare sector
• North America accounted for 25.9% of global revenue share in 2020 owing to the growing healthcare costs, an aging population, rising awareness of hospital-acquired infections, and increased medical tourism
• The online end-use segment is expected to witness the fastest CAGR of 11.0% from 2019 to 2028, owing to increased e-commerce adoption in developing nations, as well as customer convenience and simplicity of delivery
• In China, the market is likely to witness a CAGR of 14.1% over the forecast period owing to the aging population, rapid urbanization, improving standards of living, and expanding healthcare infrastructure in the country
• In April 2020, DuPont de Nemours, Inc. partnered with Cummins Inc. to provide critical material used for manufacturing N95 respirator masks for healthcare professionals, which aid in filtering various airborne particles

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

Surgical Masks Market Segmentation

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

Surgical Masks Product Outlook (Revenue, USD Million, 2017 - 2028)

• Basic Surgical Mask
• Anti-fog Surgical Mask
• Fluid/Splash Resistant Surgical Mask
• Others

Surgical Masks Distribution Channel Outlook (Revenue, USD Million, 2017 - 2028)

• Online
• Offline

Surgical Masks Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Surgical Masks Market

• 3M
• DuPont de Nemours, Inc.
• Ansell Ltd.
• O&M Halyard, Inc.
• Medline Industries, Inc.
• Cardinal Health
• Crosstex International, Inc.
• Kimberly-Clark Corporation
• AlphaProTech
• Dynarex 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.

U.S. Hospital Gowns Market to Reflect Impressive Expansion During 2021 to 2028: Grand View Research Inc.

 U.S. Hospital Gowns Market Growth & Trends

The U.S. hospital gowns market size is expected to reach USD 2.47 billion by 2028, expanding at a CAGR of 11.90%, according to a new report by Grand View Research, Inc. The rising incidence of Hospital Acquired Infections (HAIs), the impact of the COVID-19 outbreak, and the increasing number of surgical procedures are the key factors driving the market growth.

The recent outbreak of COVID-19 is anticipated to significantly impact the product demand. The pandemic, caused by the virus SARS-CoV-2, has drastically increased the demand for medicines, emergency supplies, and hospital equipment including gowns, antiseptics, and disinfectant products. The COVID-19 outbreak and increasing hospital admissions across the globe have significantly increased the demand for hospital gowns in the U.S. For instance, according to a report published by the World Health Organization (WHO) in April 2020, there were more than 723,605 existing cases and more than 28,252 new confirmed cases in the U.S. Furthermore, in order to meet the large demand for hospital gowns in the country, Ford has started manufacturing hospital gowns out of airbag materials. Therefore, the market is anticipated to grow at a considerable pace over the forecast period.

The WHO has appealed to industries and governments to increase the manufacturing of personal protective equipment, including hospital gowns, gloves, medical masks, face shields, aprons, respirators, and goggles, by 40% to meet the increasing global demand. It also reported that the increase in demand for these accessories has increased their prices to a major extent. For instance, the price of surgical masks has increased six-fold and the price of hospital gowns has increased two-fold. Therefore, the outbreak of COVID-19 has immensely impacted the hospital gowns market and is considered to be a highly effective driver for this market.

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U.S. Hospital Gowns Market Report Highlights

• In terms of revenue, the surgical gowns segment held the largest market share in 2020 and is anticipated to maintain its dominance over the forecast period, owing to the increasing number of surgeries across the globe
• The reusable gowns segment is anticipated to witness the fastest growth over the forecast period. High demand for hospital gowns during the pandemic can be catered by technologically advanced reusable gowns
• The minimal risk hospital gowns segment held the second-largest market share in 2020 and is anticipated to witness the fastest growth over the forecast period, owing to the presence of a huge number of patients suffering from various non-communicable diseases

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U.S. Hospital Gowns Market Segmentation

Grand View Research has segmented the U.S. hospital gowns market on the basis of type, usability, and risk type:

U.S. Hospital Gowns Type Outlook (Revenue, USD Million, 2016 - 2028)

• Surgical Gowns
• Non-surgical Gowns
• Patient Gowns

U.S. Hospital Gowns Usability Outlook (Revenue, USD Million, 2016 - 2028)

• Disposable Gowns
  • Low
  • Average
  • Premium
• Reusable Gowns
  • Low
  • Average
  • Premium

U.S. Hospital Gowns Risk Type Outlook (Revenue, USD Million, 2016 - 2028)

• Minimal
• Low
• Moderate
• High

List of Key Players in U.S. Hospital Gowns Market

• Medline Industries, Inc.
• Standard Textile Co., Inc.
• Angelica
• AmeriPride Services Inc.
• 3M
• Cardinal Health

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.

Power Strip Market Expected To Propel Industry Growth By 2028: Grand View Research Inc.

 Power Strip Market Growth & Trends

The global power strip market size is expected to reach USD 15.7 billion by 2028, expanding at a CAGR of 5.7% from 2021 to 2028, according to a new report by Grand View Research, Inc. With the rise in disposable income, there has been a surge in the demand for electrical equipment with advanced technology, which is the major factor driving the market growth. The need for power quality protection equipment is becoming essential as the use of electronic equipment is increasing in the residential sector, corporations, and manufacturing facilities.

The need for power protectors for individual equipment as well as the entire facility is increasing as surges and transient voltages impact profitability and productivity. In recent years, the market, once dominated by household appliances, has branched out into a massive range of different offerings. The demand for sophisticated and highly technological appliances and such as personal computers, LED televisions, printers, washing machines, microwaves, and industrial equipment is increasing rapidly.

The adoption of technologically advanced equipment such as laptops, LCDs, washing machines, and LED televisions in emerging countries is driving the demand for technologically advanced power strips. The COVID-19 pandemic is anticipated to have a positive impact on the market growth. The pandemic has led to lockdowns across the globe, impelling people to work from home, increasing the need to connect several devices at the same time.

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Power Strip Market Report Highlights

• In terms of type, the common power strip segment dominated the market in 2020 and is expected to retain its dominance over the forecast period
• In terms of protection type, the surge protection segment is expected to expand at a CAGR of 5.9% over the forecast period. The growing preference for smart power strips with surge protectors to protect smart and delicate appliances is expected to drive the segment growth
• In terms of application, the commercial segment dominated the market in 2020 and is expected to retain its dominance over the forecast period. With the growing need to reduce electricity wastage, commercial sites are adopting smart power strips to monitor appliances that are on standby mode and shut down the power, thereby reducing power usage
• The growth of sustainable development initiatives in emerging economies such as China and India is expected to create growth opportunities for the market players in the Asia Pacific region over the forecast period. Additionally, increased investment in high-quality and low-cost innovative products is also expected to propel market growth in the region

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Power Strip Market Segmentation

Grand View Research has segmented the global power strip market based on type, protection, application, and region:

Power Strip Type Outlook (Revenue, USD Million, 2016 - 2028)

• Smart Power Strip
• Common Power Strip
• Specialized Power Strip

Power Strip Protection Outlook (Revenue, USD Million, 2016 - 2028)

• Surge Protection
• Fuse-based Protection
• Others

Power Strip Application Outlook (Revenue, USD Million, 2016 - 2028)

• Household
• Commercial
• Industrial

Power Strip Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Power Strip Market

• General Electric
• Belkin International, Inc.
• Leviton Manufacturing Co., Inc
• Schneider Electric SE
• Legrand SA
• Koninklijke Philips N.V.
• Siemens AG
• ABB Ltd
• Panasonic Corporation
• Cyber Power Systems, Inc.
• Delixi Electric Ltd.
• Falconer Electronics

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.

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

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

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

Access Press Release@ https://www.grandviewresearch.com/press-release/europe-squalene-market-analysis

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

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

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.