Chile Minimally Invasive Surgical Instruments Market Will Target Emerging Markets By 2028

 Chile Minimally Invasive Surgical Instruments Market Growth & Trends

The Chile minimally invasive surgical instruments market size is expected to reach USD 101.4 million by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.9% from 2021 to 2028. Minimally invasive surgery is highly efficient as it enables the surgeons to use advanced technology and surgical techniques during surgery in a less harmful manner. It reduces the number and size of incisions made, lowering the risk of complications and damage to surrounding muscle and tissue. The improving healthcare infrastructure and the ease with which the instruments are accessible are contributing to the market growth. In addition, the growing geriatric population is expected to boost market growth. For instance, as per the Ministry of Foreign Affairs, Chile’s population over age 65 is expected to reach 24.9% by 2050.

Minimally invasive surgery (MIS) has become the standard of treatment in almost every field owing to advancements in technology and methodologies. MIS offers reduced pain, increased accuracy, quicker recovery, shorter length of hospital stay, decreased risk of infection, lower incidence of post-surgery complications, and overall improved quality of life compared to conventional open surgeries.

In Chile, as budgets allow, hospitals exhibit a willingness to invest in the highest-quality products available. For medical devices and supplies, Chile is 95% reliant on imports. The medical device market in Chile is competitive, with numerous companies from around the world easily finding their way in. In addition, the rise in public hospital infrastructure will create an increased demand for minimally invasive surgical instruments as the Chilean government will invest large sums in hospital construction in the future years. However, longer surgery wait times and inequalities in healthcare access are anticipated to hinder the growth of the Chilean market for minimally invasive surgical devices.

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Chile Minimally Invasive Surgical Instruments Market Report Highlights

• By device, the handheld instruments segment accounted for a leading revenue share in 2020 owing to its higher precision and versatility
• The electrosurgical devices segment is expected to grow at a significant rate during the forecast period
• Based on application, the orthopedic segment accounted for the largest revenue share in 2020 owing to the effectiveness of MIS in this application
• The cosmetic application segment is predicted to witness the fastest growth over the forecast period on account of the rising demand for technologically improved minimally invasive equipment

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Chile Minimally Invasive Surgical Instruments Market Segmentation

Grand View Research has segmented the Chile minimally invasive surgical instruments market based on device and application:

Chile Minimally Invasive Surgical Instruments Device Outlook (Revenue, USD Million, 2016 - 2028)

• Handheld Instruments
• Inflation Devices
• Cutter Instruments
• Guiding Devices
• Electrosurgical Devices
• Auxiliary Devices
• Monitoring & Visualization Devices

Chile Minimally Invasive Surgical Instruments Application Outlook (Revenue, USD Million, 2016 - 2028)

• Cardiac
• Gastrointestinal
• Orthopedic
• Vascular
• Gynecological
• Urological
• Thoracic
• Cosmetic
• Dental
• Others

List of Key Players of Chile Minimally Invasive Surgical Instruments Market

• Medtronic
• Stryker
• Smith & Nephew
• Abbott
• CONMED
• Zimmer Biomet
• Intuitive Surgical, 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.

Global Demand for Application Development Software Market Increasing in Most Part of World 2028

 Application Development Software Market Growth & Trends

The global application development software market is anticipated to reach USD 733.5 billion by 2028, expanding at a CAGR of 24.3% from 2021 to 2028, as per the research conducted by Grand View Research, Inc. The growing trend of cloud-based solutions, coupled with an increase in the usage of the Internet of Things (IoT) technology, is anticipated to propel the market over the forecast period. Furthermore, a surge in the demand for advanced applications to improve work efficiency, resolve various business issues, and streamline business and operations due to digitalization is expected to support the market growth over the forecast period.

Low-code development platforms are being deployed to enable rapid production and adoption of functional software to meet the unique processes and data needs of various small and medium enterprises and large enterprises. The revolution of microcomputers has allowed mass integration of business operations using several customized software, as business segments have circulated required devices widely around their employees’ centers. This has allowed software developers to design and develop tailored systems to cater to the needs of organizations.

Several factors such as a strong ecosystem designed and developed for DevOps and Agile practices, rise in the demand for digitization, and a growing need for quick scalability and customization are driving the adoption of application development software, thereby supporting the market growth.

The increasing spread of the COVID-19 virus has negatively impacted market growth. Lockdown restrictions imposed by various governments have led to a temporary closure of business operations in multiple sectors such as media and entertainment and travel and tourism. Employees in the IT and telecom industry have been directed to adopt the work from home model. This has led to a significant decline in the adoption of technological advancements in the existing business systems. However, with the ease of the lockdown restrictions and resumption of business operations, the market is anticipated to witness significant growth over the forecast period.

The prominent players that dominated the market for application development software globally in 2020 include Oracle Corporation; Salesforce.com Inc.; Zoho Corporation; Fujitsu Ltd.; and HCL Technologies. These players majorly focus on new products, applications, and service launches to enhance their business operations. In June 2021, HCL Technologies announced the launch of Domino. Domino is the company’s secure enterprise application development platform. The launch assisted HCL Technologies in expanding its service offerings to various enterprises.

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Application Development Software Market Report Highlights

• The low-code development platform segment is expected to dominate the market due to the increasing presence of tech-savvy software developers across the globe. The segment is expected to reach USD 407.1 billion by 2028
• The small and medium enterprise segment is anticipated to expand at the highest CAGR of 25.0% over the forecast period
• The cloud deployment segment is expected to dominate the deployment segment over the forecast period. The segment is anticipated to reach USD 381.8 billion by 2028
• The media and entertainment segment is anticipated to register the highest CAGR of 27.3% over the forecast period. The growth can be attributed to increasing demand for technological innovations in the media and entertainment segment and the increasing adoption of OTT platforms globally
• North America is projected to account for the largest market share over the forecast period. The region is anticipated to reach USD 278.5 billion by 2028. The rapid adoption of technological innovations and the presence of various prominent players in the region are some of the major drivers of the market growth in this region

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Application Development Software Market Segmentation

Grand View Research has segmented the global application development software market based on type, deployment type, organization size, application, and region:

Application Development Software Type Outlook (Revenue, USD Million, 2018 - 2028)

• Low-code Development Platforms
• No-code Development Platforms

Application Development Software Deployment Type Outlook (Revenue, USD Million, 2018 - 2028)

• On-premise
• Cloud

Application Development Software Organization Size Outlook (Revenue, USD Million, 2018 - 2028)

• Small & Medium Enterprise
• Large Enterprise

Application Development Software Application Type Outlook (Revenue, USD Million, 2018 - 2028)

• BFSI
• Media & Entertainment
• IT & Telecom
• Healthcare
• Travel & Tourism
• Others

Application Development Software Regional Outlook (Revenue, USD Million, 2018 - 2028)

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

List of Key Players of Application Development Software Market

• Oracle Corporation
• Fujitsu Ltd.
• HCL Technologies
• Wipro Ltd.
• Zoho 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.

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

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

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

Access Press Release@ https://www.grandviewresearch.com/press-release/global-network-point-of-care-glucose-testing-market

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.