Thailand Aesthetic Medicine Market Industry Analysis , Opportunity Assessment And Forecast Till 2028: Grand View Research Inc.

 Thailand Aesthetic Medicine Market Growth & Trends

The Thailand aesthetic medicine market size is expected to reach USD 1.89 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 13.6% from 2021 to 2028. The market is majorly driven by the increasing adoption of minimally invasive and non-invasive procedures, coupled with the growth in the population susceptible to signs of aging. Moreover, an increase in the incidence of road accidents is driving the demand for reconstructive surgeries, which is fuelling the growth of the aesthetic medicine market in the country.

According to the International Society of Aesthetic Plastic Surgery (ISAPS), among Asian countries, Thailand is among the top ten countries with the highest number of invasive as well as non-invasive procedures. Cities such as Bangkok and Phuket are major cosmetic surgery hubs in the country, which have clusters of major aesthetic surgery hospitals and clinics.

According to a survey by the International Society of Aesthetic Plastic Surgery in 2019, around 92,597 invasive aesthetic procedures were performed in the country. Moreover, Thailand is a tourism-dependent economy where medical tourism is flourishing due to low treatment costs and high-quality post-treatment services. According to the Journal of Community Development Research, Thailand’s medical tourism industry expanded with a 10% revenue growth in 2019 from 2018. These factors might boost the growth of the aesthetic medicine market.

The advent of the Covid-19 pandemic has resulted in the cessation of medical tourism in Thailand. The majority of the medical tourists visit the country for cosmetic procedures, however, the international travel ban and lockdown restrictions due to the pandemic have resulted in the shutting down of aesthetic clinics, thereby affecting the country’s aesthetic medicine market. However, according to Bangkok Post, Thailand Centre for Covid-19 Situation Administration stated that they have resumed the country’s medical and wellness tourism program intending to attract medical tourists back into the country. The aesthetic market revenue is expected to plunge back to pre-Covid levels by the end of 2022.

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Thailand Aesthetic Medicine Market Report Highlights

• Based on procedure type, the invasive procedures segment accounted for the largest share of 74.6% in 2020. This is because the country sees a majority of medical tourists for aesthetic surgical procedures
• In the invasive procedures segment, eyelid surgery is expected to register the highest CAGR of 14.4% over the forecast period. As a majority of the Thai population does have sagging eyelids, people opt for eyelid surgeries to gain a defined eye shape and remove sagging
• The non-invasive procedures segment is expected to witness the highest growth over the forecast period due to its minimally invasive characteristics, immediate results, and low recovery period
• In the non-invasive procedures segment, Botox injections held the largest market share in 2020 and are expected to exhibit a significant CAGR over the forecast period. This is mainly due to the availability of wide applications of Botox injections
• On the basis of end use, clinics and aesthetic centers held the largest share of 69.3% in 2020. This is due to the fact that aesthetic clinics are increasingly offering customized treatments at cost-effective prices

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Thailand Aesthetic Medicine Market Segmentation

Grand View Research has segmented the Thailand aesthetic medicine market on the basis of procedure type and end-use:

Thailand Aesthetic Medicine Procedure Type Outlook (Revenue, USD Million, 2016 - 2028)

• Invasive Procedures
  • Breast Augmentation
  • Liposuction
  • Nose Reshaping
  • Eyelid Surgery
  • Tummy Tuck
  • Others
• Non-invasive Procedures
  • Botox Injections
  • Soft Tissue Fillers
  • Chemical Peel
  • Laser Hair Removal
  • Microdermabrasion
  • Others
    • Skin Tightening (Thermage/Ulthera)
    • Non-invasive Fat Reduction/Body Contouring
    • Others

Thailand Aesthetic Medicine End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Clinics & Aesthetic Centres

List of Key Players of Thailand Aesthetic Medicine Market

• Dermaster Co., Ltd.
• BSL Clinic
• Thai Medical Vacation
• Bumrungrad International Hospital
• Orawan Holistic Dermatology & Anti-Aging Institute
• Nirunda International Aesthetic Clinic

About Grand View Research

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

Global Leisure Boat Market Growth 2021-2028 With Top Countries Data Industry Trends, Share, Size, Demand, Growth Opportunities, Industry Revenue, Future and Business Analysis by Forecast

 

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The growing participation of people in recreational and competitive boating activities worldwide is estimated to provide a fillip to market growth. Besides, advancements in technologies leading to the introduction and adoption of connected boats are projected to fuel market growth over the forecast period. The market consists of boat manufacturers, engine manufacturers, independent dealers, service providers, and equipment manufacturers.

Veterinary Dietary Supplements Market Will Be Worth USD 3.2 Billion by 2028: Grand View Research Inc.

 Veterinary Dietary Supplements Market Growth & Trends

The global veterinary dietary supplements market size is anticipated to reach USD 3.2 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a lucrative CAGR of 8.2% from 2021 to 2028. The key factors fueling the market growth include increasing population of companion and livestock animals, pet health concerns, prevalence of chronic disorders, and use of e-commerce channels.

Joint health and skin and coat health supplements have been the most purchased veterinary supplements. COVID-19 pandemic, however, disrupted trends in market with a surge in demand for digestive health and immunity-boosting supplements. The COVID-19 outbreak accelerated awareness among pet owners of condition-specific supplements with stress-reducing, immune-supporting, and calming outcomes. The pandemic also catalyzed the steady transition from brick-and-mortar purchases to e-commerce channels. The dramatic shift to online purchasing is expected to continue over the forecast period.

According to a 2021 study published in the U.S. National Library of Medicine, about 10 to 33% of cats and dogs are given dietary supplements in the U.S. Amongst these, joint and digestive health supplements have been the most popular along with cognition, skin and coat, and cardiovascular health supplements. The average lifespan of pets has also increased over the past few decades which makes them susceptible to chronic conditions such as joints disorders, liver problems, and cardiovascular diseases. According to a review article published in the Journal of Feline Medicine and Surgery, aged pets including cats older than 11 years comprise a significant proportion of the companion animal veterinarian’s patient population. These factors are estimated to contribute to the market growth in the coming years.

The market is highly competitive owing to acquisitions, launch of new products, and collaborations by key market participants. In August 2020, Manna Pro Products LLC- a leading provider of veterinary feeds, supplements, and treats, acquired a premium dog product company- Doggie Dailies to strengthen its presence in the market. In addition, Whitebridge Pet Brands, a pet food company, acquired a pet supplements, food, and treats company called Grizzly Pet Products in March 2021. This added to Whitebridge Pet Brands’ lineup of animal health companies. The previous acquisitions included Dogswell, a functional jerky brand for canines, Cardinal Pet Care specializing in pet botanics, PetPlay, Inc., and Crazy Dog training treats.

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Veterinary Dietary Supplements Market Report Highlights

• The companion animals segment dominated the market in 2020 and is also projected to grow the fastest from 2021 to 2028. The increasing pet population and expenditure is estimated to propel segment growth over the forecast period
• The livestock animals’ segment is estimated to grow notably over the forecast period due to increasing use of supplements by livestock operations facilities and feed manufacturers to enhance the value of their products
• Dogs accounted for 42.2% of the companion animal segment due to increasing availability of canine supplements and growing preference for dogs as pets
• The joint health support segment accounted for the highest revenue share of 21.9% in 2020 due to rising incidence of chronic orthopedic disorders
• The multivitamins and minerals segment held revenue share of 27.4% in 2020 while the CBD segment is expected to witness a CAGR of 11.0% in the next few years
• In 2020, the gummies and chewables segment accounted for the largest revenue share while the powders segment is anticipated to witness the highest CAGR over the forecast period
• The offline channels segment comprising pet specialty stores, retail, and others, held the largest revenue share of the market in 2020

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Veterinary Dietary Supplements Market Segmentation

Grand View Research has segmented the global veterinary dietary supplements market on the basis of animal type, application, type, dosage form, distribution channel, and region:

Veterinary Dietary Supplements Animal Type Outlook (Revenue, USD Million, 2016 - 2028)

• Livestock Animals
• Companion Animals
  • Cats
  • Dogs
  • Horses
  • Others (Small Animals, Birds)

Veterinary Dietary Supplements Application Outlook (Revenue, USD Million, 2016 - 2028)

• Joint Health Support
• Calming/ Stress/ Anxiety
• Digestive Health
• Energy and Electrolytes
• Immunity Support
• Skin & Coat Health
• Others (Kidney, Urinary Tract, Liver, Cardiovascular, Weight Management)

Veterinary Dietary Supplements Type Outlook (Revenue, USD Million, 2016 - 2028)

• Omega 3 Fatty Acids
• Proteins & Peptides
• CBD
• Multivitamins & Minerals
• Probiotics & Prebiotics
• Others (Antioxidants)

Veterinary Dietary Supplements Dosage Form Outlook (Revenue, USD Million, 2016 - 2028)

• Tablets & Capsules
• Gummies & Chewables
• Powders
• Liquids
• Others (Injectables, Paste)

Veterinary Dietary Supplements Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Online/ E-commerce
• Offline
  • Pet Specialty Stores
  • Retail
  • Others

Veterinary Dietary Supplements Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Veterinary Dietary Supplements Market

• Boehringer Ingelheim
• Virbac
• Ark Naturals Company
• Beaphar
• FoodScience
• NOW Foods
• Nutramax Laboratories, Inc.
• Nutri-Pet Research, Inc.
• Ceva
• Canna Companion
• Nestle

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.

Asia Pacific Veterinary Equipment And Disposables Market Estimated To Flourish By 2028: Grand View Research Inc.

 Asia Pacific Veterinary Equipment And Disposables Market Growth & Trends

The Asia Pacific veterinary equipment and disposables market size is anticipated to reach USD 692.8 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.3% from 2021 to 2028. Increasing pet adoption, advancements in veterinary care and treatment, and the presence of market participants are factors likely to drive the market.

Equipment such as ventilators, patient monitors, fluid warmers, and disposables, such as wound care products and needles, are used in a variety of veterinary procedures, ranging from breeding to surgery, and diagnostics to treatment. The rising population of companion and livestock animals across the Asia Pacific region is a major driver contributing to market growth.

According to a 2019 report by Animal Medicines Australia, around 61% of Australian households own at least one pet. A similar trend is observed in South Korea as well. In 2019, 4.5 million households owned a dog in the country, while 1.1 million households owned a cat, according to Statistics Korea.

The COVID-19 pandemic significantly affected the animal health industry including the market for veterinary equipment and disposables in Asia Pacific. Some of the major points of impact include supply chain disruptions, the decline in sales, low demand, and operational hurdles due to changing policies and restrictions.

The market is dominated by many small and large players, including B. Braun Vet Care GmbH; Nonin Medical; and Midmark Corporation. There are many regional players as well, functioning as manufacturers, traders, and exporters. These organizations are undertaking various strategic initiatives, such as product launches, mergers and acquisitions, and collaborations, to gain market share. For instance, in July 2020, Midmark Corporation launched the Midmark Multiparameter Monitor for enhanced veterinary care.

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Asia Pacific Veterinary Equipment and Disposables Market Report Highlights

• Advancements in monitoring and therapy equipment and disposables, such as ventilation support, IV fluid therapy, temperature management, and pain control are further impelling demand
• In the product segment, major revenue share was held by critical care consumables owing to their cost-effectiveness and increasing usage in veterinary procedures
• The companion animals segment dominated the market in 2020 in terms of revenue share. Growth in the pet population and rising emphasis on pet care and wellness by owners are contributing to segment growth
• The veterinary hospitals/clinics segment held the largest revenue share in 2020. Factors driving this growth are the increasing number of animal hospitals and clinics, investments by the private sector, and rising pet ownership
• For example, in September 2020, Tencent and Boehringer Ingelheim along with other companies invested in China’s largest animal hospital chain-New Ruipeng Pet Healthcare Group-bringing its market valuation to about USD 4.4 billion
• In terms of country, China, Hong Kong, and Taiwan grabbed the largest revenue share of the market in 2020 owing to increasing research activities and the presence of market players in these countries

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Asia Pacific Veterinary Equipment And Disposables Market Segmentation

Grand View Research has segmented the Asia Pacific veterinary equipment and disposables market on the basis of product, animal type, end use, and country:

Asia Pacific Veterinary Equipment and Disposables Product Outlook (Revenue, USD Million, 2016 - 2028)

• Critical Care Consumables
  • Wound Management Consumables
  • Airway Management Consumables
  • Gastroenterology Consumables
  • Needles
  • Fluid Administration and Therapy Consumables
  • Accessories
  • Others
• Anesthesia Equipment
  • Complete Anesthesia Machines
  • Ventilators
  • Vaporizers
  • Waste Gas Management Systems
  • Gas Delivery Management Systems
  • Accessories
• Fluid Management Equipment
  • Large-Volume Infusion Pumps
  • Syringe Pumps
• Temperature Management Equipment
  • Patient Warming Systems
    • Convection Warming Systems
    • Conduction Warming Systems
  • Fluid Warmers
• Rescue & Resuscitation Equipment
  • Resuscitation Bags
  • Oxygen Masks
• Research Equipment
  • Lab Evacuation Systems
  • Induction Chambers
• Patient Monitoring Equipment

Asia Pacific Veterinary Equipment and Disposables Animal Type Outlook (Revenue, USD Million, 2016 - 2028)

• Companion Animal
  • Dogs
  • Cats
  • Horses
  • Others
• Livestock Animal

Asia Pacific Veterinary Equipment and Disposables End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Veterinary Hospitals/Clinics
• Research Institutes

Asia Pacific Veterinary Equipment and Disposables Country Outlook (Revenue, USD Million, 2016 - 2028)

• China, Hong Kong, Taiwan
• Japan
• India
• Thailand
• Australia
• South Korea
• Singapore
• Vietnam
• New Zealand
• Malaysia
• Philippines
• Indonesia

List of Key Players of Asia Pacific Veterinary Equipment and Disposables Market

• Smiths Medical
• Nonin
• Braun Melsungen AG
• Kshama Equipments
• Vetland Medical Sales & Services
• Midmark Corporation
• Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
• Dispomed 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.

Laparoscopic Gynecological Procedures Market Latest Trends, Industry Growth And Forecast To 2028: Grand View Research Inc.

 Laparoscopic Gynecological Procedures Market Growth & Trends

The global laparoscopic gynecological procedures market size is expected to reach USD 36.13 billion by 2028, registering a CAGR of 6.7% over the forecast years, according to a new report by Grand View Research, Inc. Increasing adoption of minimally invasive surgeries, rising prevalence of gynecological disorders, technological advances, favorable reimbursement policies, and various government initiatives are key factors contributing to the growth of the market. Technological advancements in laparoscopy devices are one of the major drivers of this market. Numerous market players are investing in R&D for developing innovative products. Technological advancements in laparoscopes, visualization systems, and other components are collectively boosting the product demand.

These advancements include HD imaging, portability, and micro laparoscopy, which enable accurate diagnoses & treatment. For instance, the development and introduction of medical robots to assist doctors is a key advancement in the field. These robots offer numerous benefits, such as a 3D view of the operating field, reduced blood loss & need for transfusion, early discharge from the hospital, minimal scarring & less trauma to the body, as well as higher precision in surgery due to the elimination of surgeon’s tremor. The usage of hand-assisted devices and robotic laparoscopic surgeries is among the new trends, boosting the market growth.

Some companies are focusing on innovations in hand access instruments, slide-lock graspers & trocars, and closure devices used in these surgeries. For instance, 5.0 mm sliding lock graspers by Stryker Corp. offer a variety of handle and insert styles for grasping, dissecting, suturing, and cutting capabilities. The sliding lock graspers offered by Aesculap provide excellent tissue and grip control. In addition, Nu-Tip Instruments manufactured by CooperSurgical Inc. feature a reusable handle with disposable stainless-steel tips and allow creating scissors, grasper, or dissector, based on need. Thus, technological advancements in designs will drive the growth potential of the market.

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Laparoscopic Gynecological Procedures Market Report Highlights

• In terms of application, the laparoscopic hysterectomy segment held the largest revenue share in 2020 due to the high prevalence of gynecological diseases
• In terms of end use, the hospitals segment accounted for the largest revenue share in 2020
• The segment growth was credited to the increasing number of laparoscopic surgeries performed in hospitals
• North America was the leading regional market in 2020 and is expected to retain its leading position throughout the forecast period
• This growth is due to the high prevalence of uterine cancer coupled with the rising geriatric population in the region

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Laparoscopic Gynecological Procedures Market Segmentation

Grand View Research has segmented the global Laparoscopic Gynecological Procedures Market on the basis of procedure, end use, and region:

Laparoscopic Gynecological Procedures Outlook (Revenue, USD Million, 2016 - 2028)

• Laparoscopic Hysterectomy
• Laparoscopic Myomectomy
• Laparoscopic Colpopexy (Sacrocolpopexy, Sacrocervicopexy, etc.)
• Laparoscopic Endometrial Excision
• Laparoscopic Adnexal (Oophorectomy, SalpingoOophorectomy, etc.)
• Laparoscopic Diagnostic Procedures (Requiring Chromopertubation)

Laparoscopic Gynecological Procedures End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Clinics
• Ambulatory Surgery Centers (ASCs)

Laparoscopic Gynecological Procedures Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Laparoscopic Gynecological Procedures Market

• Medtronic
• Stryker Corp.
• Karl Storz SE & CO. Kg
• Johnson and Johnson
• Olympus Corp.
• CONMED Corp.
• Braun Melsungen AG
• The Cooper Companies, Inc.
• Richard Wolf GmbH
• Microline Surgical
• Welfare Medical Ltd.
• Intuitive Surgical
• Shenzen Mindray Bio Medical Electronics Co., 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.

Composable Infrastructure Market Is Projected To Reach Approximately USD 25.47 Billion By 2028: Grand View Research Inc.

 Composable Infrastructure Market Growth & Trends

The global composable infrastructure market size is expected to reach USD 25.47 billion by 2028, registering a CAGR of 19.7% from 2021 to 2028, according to a new report by Grand View Research, Inc. Increasing investments in digital transformation (from traditional infrastructure to new infrastructure) by enterprises, reduced CAPEX and OPEX due to the adoption of composable infrastructure, and high adoption of virtualization are the major factors driving the overall market growth.

The reducing prices of solid-state drives (SSD) and the introduction of new technologies such as 5D memory crystals are driving investments in storage resources by organizations. Massive data is accumulated daily over different networks in different industry verticals. The deployment and spread of 5G networks and the Internet of Things (IoT) and smart devices have driven the adoption of composable infrastructures in industries such as manufacturing and IT and telecom.

Currently, many organizations are shifting from private data centers and on-premises solutions to composable infrastructure for enterprise data management. However, they strive to find skilled IT professionals and other IT solutions that provide similar control and visibility as their on-premises solutions. These factors are hindering the overall market growth. However, the emergence of the hybrid cloud and the increasing investments in data center technologies are providing an opportunity for overall market growth.

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Composable Infrastructure Market Report Highlights

• The market was valued at USD 1.38 billion in 2020 and is expected to expand at a CAGR of over 26% from 2021 to 2028
• BFSI emerged as the fastest-growing segment and is estimated to generate revenue of over USD 2.68 billion by 2028
• The North America region accounted for the largest revenue share in 2020. The increasing need for data storage infrastructure and growing startups in the region are contributing to the regional market growth

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Composable Infrastructure Market Segmentation

Grand View Research has segmented the global composable infrastructure market based on component, industry vertical, and region:

Composable Infrastructure Component Outlook (Revenue, USD Billion, 2018 - 2028)

• Software
• Hardware

Composable Infrastructure Industry Vertical Outlook (Revenue, USD Billion, 2018 - 2028)

• BFSI
• IT & Telecom
• Retail & Consumer Goods
• Healthcare
• Manufacturing
• Others

Composable Infrastructure Regional Outlook (Revenue, USD Billion, 2018 - 2028)

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

List of Key Players of Composable Infrastructure Market

• DriveScale, Inc.
• Liqid
• NetApp
• Nutanix
• TidalScale, Inc.
• Western Digital

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.

Recommendation Engine Market Predicted to Witness Steady Growth During the Forecast Period

 Recommendation Engine Market Growth & Trends

The global recommendation engine market size is expected to reach USD 17.30 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 33.0% from 2021 to 2028. The growing adoption of digital technologies among organizations is one of the key factors driving the market. In addition, the rising competition among organizations and the need to provide a better customer experience are increasing the demand for recommendation systems.

The COVID-19 pandemic compelled governments across various countries to take immediate actions and impose partial or full lockdowns. This impacted various industries in numerous ways. Social distancing rules and traveling restrictions shifted people away from physical shops for buying essentials to the digital medium, which resulted in the increased demand for online shopping platforms. Hence, the pandemic created a lucrative opportunity for the market.

A recommendation engine, a type of data filtering tool, uses Machine Learning (ML)-based processes to suggest relevant and specific items to customers. It typically comprises two types of systems, namely a personalized recommendation system and a non-personalized recommendation system. The tool gathers consumer behavior data to find patterns in it, based on which it offers numerous recommendations to users.

The market has also benefitted from the growth in digitization trends across numerous industries, especially retail, e-commerce, and media and entertainment. For instance, according to a survey by Episerver, approximately 44% of the U.S. population shops using Amazon.com, Inc.’s recommendations.

Recommendation engine system providers are investing in research & development activities to introduce innovations in the market and offer a better experience to users. Additionally, the growing competition is driving innovations in the market.

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Recommendation Engine Market Report Highlights

• In terms of application, the personalized campaigns and customer delivery segment accounted for the largest revenue share in 2020 and is expected to retain its lead over the forecast period. This can be attributed to the rising need to provide better customer experience and services to customers. The product planning and proactive asset management segment is anticipated to expand at the highest CAGR of 35.1% during the forecast period
• By end use, the retail segment accounted for the largest revenue share in 2020 and is expected to dominate the market throughout the forecast period. The BFSI segment is likely to expand at the highest CAGR over the forecast period
• North America dominated the market in 2020 and is expected to retain its lead over the forecast period. This can be attributed to factors such as growing technological advancements, a high rate of adoption, and the existence of a large number of market players in the region

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Recommendation Engine Market Segmentation

Grand View Research has segmented the global recommendation engine market based on type, deployment, application, organization, end-use, and region:

Recommendation Engine Type Outlook (Revenue, USD Million, 2016 - 2028)

• Collaborative Filtering
• Content-based Filtering
• Hybrid Recommendation

Recommendation Engine Deployment Outlook (Revenue, USD Million, 2016 - 2028)

• Cloud
• On-premise

Recommendation Engine Application Outlook (Revenue, USD Million, 2016 - 2028)

• Personalized Campaigns and Customer Delivery
• Strategy Operations and Planning
• Product Planning and Proactive Asset Management

Recommendation Engine Organization Outlook (Revenue, USD Million, 2016 - 2028)

• Large Organizations
• SMEs

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

• Information Technology
• Healthcare
• Retail
• BFSI
• Media & Entertainment
• Others

Recommendation Engine Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Recommendation Engine Market

• Adobe
• Amazon Web Services, Inc.
• Google LLC
• Hewlett Packard Enterprise Development LP
• International Business Machines Corporation
• Intel Corporation
• Microsoft Corporation
• Oracle
• com, Inc.
• SAP

About Grand View Research

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

Global Demand for Network Point-of-Care Glucose Testing Market to Incur Considerable Upsurge During 2021 – 2028: Grand View Research Inc.

 Network Point-of-Care Glucose Testing Market Growth & Trends

The global network point-of-care glucose testing market size is expected to reach USD 1.6 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.9% from 2021 to 2028. Increasing demand for safe and accurate remote patient monitoring options and the need for data-based treatment regimens are major factors driving the market. The integration of advanced technologies including Bluetooth Low Energy (BLE) and Infrared is expected to fuel the market growth in the upcoming years.

Expanding patient base in Asia Pacific and the Middle East and the high demand for advanced diabetes management systems are creating significant growth opportunities in these regions. These regions also include some of the highly preferred destinations for medical tourism. Increasing demand for world-class healthcare services and rising adoption of advanced technology are some of the factors boosting the market growth in these regions.

Network point-of-care glucose meters were extensively used in COVID-19 care. This enabled doctors to remotely observe glucose levels with minimal risk of infection. In addition, a large amount of data is still being used to customize treatment plans for diabetic COVID-19 patients. Preference for telemedicine and trends of home healthcare settings for chronic patients are some of the factors expected to expand the applications of network-based point-of-care devices.

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Network Point-of-Care Glucose Testing Market Report Highlights

• Network point-of-care devices were in high demand during the first and second wave of COVID-19 owing to their advantage of remote patient monitoring
• Based on product, the Accu-Chek Inform II segment held the largest revenue share in 2020 and is expected to expand at a lucrative growth rate during the forecast period
• North America held the largest revenue share in 2020 and is predicted to maintain its lead over the forecast period owing to the factors such as the presence of major players and high adoption rate

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Network Point-of-Care Glucose Testing Market Segmentation

Grand View Research has segmented the global network point-of-care glucose testing market on the basis of product and region:

Network Point-of-Care Glucose Testing Product Outlook (Revenue, USD Million, 2016 - 2028)

• i-STAT
• Accu-Chek Inform II
• StatStrip
• HemoCue
• CareSens Expert Plus
• BAROzen H Expert Plus

Network Point-of-Care Glucose Testing Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Network Point-of-Care Glucose Testing Market

• Hoffmann-La Roche Ltd.
• Abbott
• Nova Biomedical
• Bayer AG/Ascensia Diabetes Care Holdings AG
• Danaher

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.

Technology Behind Automotive Natural Gas Vehicle

Know More- https://www.grandviewresearch.com/industry-analysis/automotive-natural-gas-vehicles-market

The growing adoption of natural gas as an alternative fuel in vehicles, especially in the transportation sector worldwide, is creating the demand for automotive natural gas vehicles (NGVs). The low emission properties of NGVs facilitated by clean fuel characteristics are expected to drive their demand in public transportation, therefore boosting the market growth. The need for cleaner fuels at lower costs is also expected to drive market growth.

 

Fire Protection System Market Size Is Expected To Reach USD 114.9 Billion by 2028

 Fire Protection System Market Growth & Trends

The global fire protection system market is expected to reach USD 114.9 billion by 2028, registering a CAGR of 6.8% over the forecast period, according to a study conducted by Grand View Research, Inc. Increasing adoption of wireless technology in the fire protection system, growing human and property loss owing to fire breakouts, and stringent fire safety regulations are projected to fuel the market. Increasing implementation of building safety codes and renovation projects is also anticipated to be a major factor influencing the market growth. The application and usage of fire protection systems are anticipated to increase continuously with the developments of commercial entities and corporations.

Furthermore, technology enhancements, such as extinguishing technology based on mist and products, such as laser optical/infrared smoke detectors, alarms with embedded voice evacuation announcements, hypoxic air fire suppression systems, and wireless fire alarm systems, are expected to gain traction in the market globally. Moreover, in 2020, the market was adversely affected due to the COVID-19 crisis, which has interrupted production, impacted demand, and caused supply chain disruption. The growing trend of integrating fire alarm and detection systems with building automation systems offers vast growth opportunities to the market.

Connectivity with building automation systems is increasingly becoming a major feature of fire protection systems in commercial, industrial, and residential applications. This can be attributed to the fact that such integration allows for the development of systems that are capable of sharing and gathering data, which can help in alerting individuals about fire safety issues in the premises. A notable rise in investments in smart building automation technologies across several regions is expected to lead to new opportunities for building automation systems in the industrial and commercial sectors.

Consumers in developed regions, such as Europe and North America, have seen a steady rise in demand over the past few years, and the growth trend is also projected to continue over the next few years. However, a lack of stringent regulations and the high cost of advanced fire protection systems have kept the markets in emerging countries largely untapped. Nevertheless, improving economic conditions in countries, including Brazil and India, are anticipated to boost the demand for fire protection systems over the forecast period.

Infrastructural development activities across the Asia Pacific region owing to the rising demand for new transport and utility infrastructure will drive demand. The high rate of urbanization is placing increased pressure on under-invested, weak city infrastructure. The consecutive rise in focus on new residential and infrastructural development projects is expected to propel the demand for fire protection systems across this region; thus, such factors fueling the fire protection system market growth.

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Fire Protection System Market Report Highlights

• The fire detection product segment accounted for the largest revenue share in 2020 and is expected to retain the leading position over the forecast period
• The maintenance services segment is anticipated to register the fastest CAGR over the forecast period
• The demand for these services is often driven by new building construction activities, modernization activities, and demand for system upgrades
• The commercial application segment led the market in 2020 and is expected to retain the leading position throughout the forecast period
• Increasing investment by companies for reducing the loss of property & life and safeguarding the infrastructure across several applications is estimated to propel the product demand in the commercial sector
• North America is projected to account for the majority share of the market by 2028. The increasing demand for smart buildings and intelligent houses, which deliver optimum safety and security is expected to drive the regional market growth

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

Fire Protection System Market Segmentation

Grand View Research has segmented the global fire protection system market based on product, service, application, and region:

Fire Protection System Product Outlook (Revenue, USD Million, 2018 - 2028)

• Fire Detection
• Fire Suppression
• Fire Response
• Fire Analysis
• Fire Sprinkler System

Fire Protection System Service Outlook (Revenue, USD Million, 2018 - 2028)

• Managed Service
• Installation & Design Service
• Maintenance Service
• Others

Fire Protection System Application Outlook (Revenue, USD Million, 2018 - 2028)

• Commercial
• Industrial
• Residential

Fire Protection System Regional Outlook (Revenue, USD Million, 2018 - 2028)

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

List of Key Players of Fire Protection System Market

• GENTEX Corp.
• Siemens
• Robert Bosch GmbH
• Halma plc
• Eaton

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.

Pneumatic Tourniquet Market Size Is Expected To Reach USD 591.6 Million by 2028

 Pneumatic Tourniquet Market Growth & Trends

The global pneumatic tourniquet market size is expected to reach USD 591.6 million by 2028, registering a CAGR of 7.0% over the forecast period, according to a new report by Grand View Research, Inc. Increasing number of orthopedic and plastic surgeries performed is driving the growth of this market. Moreover, a surge in accidental injuries further contributes to the growth of the market. For instance, according to the Association for Safe International Road Travel (ASIRT), around 38,000 people die and an additional 4.4 million are severely injured annually in crashes on U.S. roadways.

Thus, the demand for pneumatic tourniquets is predicted to increase, as they are mainly used to control bleeding in emergency situations, such as accidents. Furthermore, increasing private and public expenses on the development of healthcare infrastructure in emerging economies are propelling the market growth. In addition, rising R&D activities to develop advanced products are likely to create lucrative market growth opportunities.

Tourniquets are widely used in hospitals for orthopedic procedures if external hemorrhage cannot be controlled by direct pressure. Furthermore, these systems are extensively used owing to their ability to create a bloodless field during orthopedic surgery. This helps surgeons to reduce procedural time. Moreover, the device is used for urgent management of breathing and airway issues during emergencies, such as severe limb amputation or limb hemorrhages with multiple bleeding points. It also offers greater flexibility and reliability, leading to the rising product demand.

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Pneumatic Tourniquet Market Report Highlights

• In terms of type, the single-bladder segment held the largest market share of over 66% in 2020
• The growth is attributed to the high demand for single-bladder devices due to the better clinical efficacy offered by them
• In terms of application, the others segment held the largest market share in 2020
• The segment is expected to remain dominant growing at a considerable growth rate over the forecast period
• Asia Pacific market is expected to witness the fastest growth rate over the forecast period
• This growth is credited to the rising number of orthopedic surgeries performed and growing cases of accidental injuries

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

Pneumatic Tourniquet Market Segmentation

Grand View Research has segmented the global pneumatic tourniquet market on the basis of type, application, and region:

Pneumatic Tourniquet Type Outlook (Revenue, USD Million, 2016 - 2028)

• Single-bladder
• Double-bladder

Pneumatic Tourniquet Application Outlook (Revenue, USD Million, 2016 - 2028)

• Orthopedic
• Intravenous Regional Anesthesia (IVRA)
• Others

Pneumatic Tourniquet Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • Japan
  • China
• Latin America
  • Brazil
  • Mexico
• MEA
  • South Africa
  • Saudi Arabia

List of Key Players of Pneumatic Tourniquet Market

• Zimmer Biomet
• Stryker
• Ulrich Medical
• VBM
• Anetic Aid
• DSMAREF Co. 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.

U.S. Pharmaceutical Isolators Market to Witness a Pronounce Growth During 2021 – 2028: Grand View Research Inc.

 U.S. Pharmaceutical Isolators Market Growth & Trends 

The U.S. pharmaceutical isolators market size is expected to reach USD 205.2 million by 2028, registering a CAGR of 5.8% from 2020 to 2028, according to a new report by Grand View Research, Inc. The rapid growth of the pharmaceutical industry in the U.S. and advancements in technologies used in the industry are anticipated to have a positive impact on market growth.

The growth of the industry in the U.S. is primarily driven by continuous progress in the field of medicines and bioscience. The rising demand for aseptically processed parenteral medicines, along with increased investments in the industry, is anticipated to drive the market in the U.S.

Pharmaceutical isolators are seeing fast-paced technological advancements in aseptic processing in terms of incorporation of robotics and automation solutions and industry 4.0. By integrating robotics within gloveless pharmaceutical isolators, the risk of microbe contamination, as well as particle contamination caused by human intervention is reduced.

The industry is moving toward energy efficiency and sustainability. Pharmaceutical isolators offer higher energy efficiency as compared to the Restricted Access Barrier System (RABS). Energy saving in pharmaceutical isolators can be up to 65% as compared to 30% offered by RABS which is likely to positively improve their demand.

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U.S. Pharmaceutical Isolators Market Report Highlights

• The closed isolators segment is expected to witness a CAGR of 5.5% from 2020 to 2028 owing to the ability to operate without personnel access to the critical zone, making them suitable for application in the preparation of toxic materials
• The positive pressure segment accounted for 53.9% of the overall revenue share in 2020, owing to its demand in sterile processes when the process is of particular significance and keeping any contaminants out of the isolator is a priority
• Companies are collaborating with educational institutions along with their in-house R&D facilities for developing processes and technologies that offer a sustainable advantage in the future
• In February 2021, Comecer S.p.A partnered with Illuminate Manufacturing Intelligence, to integrate Illuminate, a pharmaceutical production solution based on industry 4.0, to get real-time updates of their manufacturing equipment

Access Press Release@ https://www.grandviewresearch.com/press-release/us-pharmaceutical-isolators-market-analysis

U.S. Pharmaceutical Isolators Market Segmentation

Grand View Research has segmented the U.S. pharmaceutical isolators market on the basis of type and pressure:

U.S. Pharmaceutical Isolators Type Outlook (Revenue, USD Million, 2017 - 2028)

• Open Isolator
• Closed Isolator

U.S. Pharmaceutical Isolators Pressure Outlook (Revenue, USD Million, 2017 - 2028)

• Positive Pressure
• Negative Pressure

List of Key players of U.S. Pharmaceutical Isolators Market

• COMECER S.p.A.
• LAF Technologies
• Iso Tech Design
• Nuaire
• Getinge AB
• SKAN AG
• BRAUN INERTGAS-SYSTEME GMBH
• M.A. SpA
• AZBIL TELSTAR, S.L.U.
• Syntegon Technologies GmbH

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.