Aquaculture Vaccines Market is Anticipated to Upgrade USD 605.4 Million Revenue By 2028: Grand View Research Inc.

 Aquaculture Vaccines Market Growth & Trends

The global aquaculture vaccines market size is expected to reach USD 605.4 million by 2028, according to a new report by Grand View Research. It is expected to expand at a CAGR of 8.4% from 2021 to 2028. The advent of vaccines for fish has significantly reduced the dependency on antimicrobial agents. Vaccination programs help in protecting the animal health and livelihoods of those who work with livestock as well as aid in ensuring food security. The development of some aquaculture sectors, such as the salmon industry in Norway, wherein fish farmers in the country moved from using antibiotics to vaccines by 1994, demonstrates the potential of vaccines in reducing the dependence on veterinary medicines.

Similar to other markets, the market for aquaculture vaccines has also been significantly affected. Some of the major impacts of COVID-19 on the market include supply chain disruptions, a decline in sales, low demand, growing awareness of animal to human disease transmission risks, and operational hurdles due to changing policies and restrictions.

The growing demand for aquatic animal-derived food products, such as oil, caviar, protein powders, and meat, is encouraging farmers to use vaccinations for aquaculture to gain higher profitability. Due to the rising urbanization, consumers are becoming more aware of the nutritious value of animal protein. The demand for healthy, sustainable, and high-quality meat products that have fewer or no drugs is also increasing rapidly. Thus, the need for healthy breeding of aquatic animals is increasing, which is expected to fuel the demand for aquaculture vaccines, thereby boosting the market growth.

The market for aquaculture vaccines is fairly competitive. The most notable participants in the market are Zoetis; Merck & Co., Inc.; and Elanco, along with other manufacturers of aquaculture vaccines. These players are involved in new product launches, acquisitions, and partnerships to gain a competitive edge over each other. For instance, in July 2020, Zoetis acquired Fish Vet Group from Benchmark Holdings, PLC. This added to the company’s Pharmaq business, which is involved in fish vaccines and services.

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Aquaculture Vaccines Market Report Highlights

• Based on product, the inactivated vaccines segment held the largest share in 2020 owing to its high acceptance globally
• By route of administration, the injected segment held the largest market share in 2020 owing to its easy availability
• The bacterial application segment held the largest revenue share in 2020 owing to the high prevalence of bacterial diseases in aquatic species
• In 2020, Europe held the largest revenue share owing to the increasing adoption of aquaculture vaccines, especially in countries such as Norway and the U.K.
• North America held the second-largest revenue share in 2020. The key driver in this regional market is the presence of major market players, especially in the U.S.
• Asia Pacific is expected to witness lucrative growth over the forecast period owing to the rise in aquaculture production and favorable government initiatives, especially in developing countries 

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Aquaculture Vaccines Market Segmentation

Grand View Research has segmented the global aquaculture vaccines market report on the basis of product, route of administration, application, and region:

Aquaculture Vaccines Product Outlook (Revenue, USD Million, 2016 - 2028)

• Attenuated Live Vaccines
• Inactivated Vaccines
• Subunit Vaccines
• DNA Vaccines
• Recombinant Vaccines

Aquaculture Vaccines Route Of Administration Outlook (Revenue, USD Million, 2016 - 2028)

• Oral
• Injected
• Immersion & Spray

Aquaculture Vaccines Application Outlook (Revenue, USD Million, 2016 - 2028)

• Bacterial
• Viral
• Parasitic

Aquaculture Vaccines Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Norway
  • Denmark
  • Ireland
  • Eastern Europe
    • Croatia
    • Czech Republic
    • Hungary
    • Poland
    • Russia
    • Romania
    • Bulgaria
  • Asia Pacific
    • Japan
    • South Korea
    • Taiwan
    • Indonesia
    • Malaysia
    • Singapore
    • Thailand
    • Philippines
    • Vietnam
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Chile
    • Colombia
    • Peru
    • Ecuador
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Israel
    • Egypt

List of Key Players of Aquaculture Vaccines Market

• Zoetis
• Phibro Animal Health Corporation
• Elanco
• Merck & Co., Inc.
• KBNP
• CAVAC
• Kyoto Biken Laboratories, Inc.
• Nisseiken Co., Ltd.
• Vaxxinova International BV
• HIPRA

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.

Pressure Sensor Market- Advancements In MEMS Technology And Its Rapid Adoption In Connected Devices

 

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A pressure sensor is an electronic device that regulates, detects, and monitors the pressure in liquids or gases and converts it into an electrical signal. Pressure sensors are witnessing significant growth owing to their increasing use across industries for applications such as alarm systems, water purifiers, medical breathing appliances, refrigeration systems, and off-road constructions. The pressure sensors used in medical breathing appliances measure the flow of oxygen and oxygen levels being delivered to the patient. The increasing demand for medical breathing appliances owing to the COVID-19 pandemic is driving the demand for pressure sensors in recent days.

Endometrial Ablation Market to Surpass USD 5.4 Billion by 2028: Grand View Research Inc.

 Endometrial Ablation Market Growth & Trends

The global endometrial ablation market size is expected to reach USD 5.4 billion by 2028, registering a CAGR of 5.2% over the forecast period, according to a new report by Grand View Research, Inc. Endometrial ablation is a highly efficient procedure that helps in removing or destroying the uterine endometrial lining in women who experience heavy menstrual bleeding using specific devices. The growing prevalence of gynecological disorders and growing public awareness about endometrial ablation are key contributing factors expected to propel the product demand. According to the International Federation of Gynecology and Obstetrics (FIGO), globally, the prevalence of Abnormal Uterine Bleeding (AUB) among reproductive-aged women is estimated to be between 3 to 30%

For women suffering from painful, heavy periods, endometrial ablation for endometriosis offers an alternative to chronic medication and hysterectomy treatments. Improved features and a higher demand for these procedures and devices due to the advantages over surgical methods, such as minimally invasive nature, low-risk profile, and easy operation, will support market growth. Many global, as well as local key players, are opting for different strategies. For instance, In March 2020, Mara Water Vapor Ablation System from AEGEA Medical has been approved by the U.S. FDA. Mara is the endometrial ablation procedure that uses natural water vapor to safely cure heavy menstrual bleeding without the need for general anesthesia.

Endometrial ablation procedures have proven effective in about 10% of people to no longer have menstrual periods. Bleeding is effectively decreased in another 70% of cases. However, there are certain side effects associated with the procedure, which include infection, tearing of the uterine wall or bowel, which may hamper the market growth. As a result of the COVID-19 pandemic, the healthcare system had to deal with a lot of difficulties, all outpatient procedures were limited or stopped to lower the impact of virus outbreaks. This also had a negative impact on the overall market growth.

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Endometrial Ablation Market Report Highlights

• The radiofrequency ablation device segment dominated the market with a revenue share of 26.3% in 2020
• The segment is expected to continue its dominance during the forecast period
• The thermal balloon segment is expected to grow at a significant rate during the forecast period
• The hospital end-use segment held the largest revenue share of more than 55% in 2020
• The high growth is credited to the availability of technologically improved medical devices in hospitals
• The Ambulatory Surgery Center (ASC) end-use segment is expected to exhibit the fastest CAGR during the forecast period
• ASCs have shorter stay duration, little or no danger of Hospital-Acquired Infections (HAIs), and are more convenient than other healthcare facilities

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Endometrial Ablation Market Segmentation

Grand View Research has segmented the global endometrial ablation market based on type, end-use, and region:

Endometrial Ablation Type Outlook (Revenue, USD Million, 2016 - 2028)

• Devices
  • Cryoablation
  • Radiofrequency Ablation
  • Hydrothermal Ablation
  • Thermal Balloon
  • Microwave Energy
• Procedures

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

• Hospital
• Clinic
• Ambulatory Surgery Center

Endometrial Ablation Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Endometrial Ablation Market

• Medtronic
• CooperSurgical Inc.
• Boston Scientific Corp.
• Ethicon, Inc. (Johnson & Johnson)
• Olympus Corp.
• Richard Wolf GmbH
• AngioDynamics
• Hologic, Inc.
• Minerva 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.

Canada Varicose Vein Treatment Devices Market Size Is Predicted To Reach A Valuation Of USD 77 Million By 2028: Grand View Research Inc.

 Canada Varicose Vein Treatment Devices Market Growth & Trends

The Canada varicose vein treatment devices market size is expected to reach USD 77 million by 2028, registering a CAGR of 6.6% over the forecast period, according to a new report by Grand View Research, Inc. High prevalence of varicose veins due to risk factors, such as pregnancy, sedentary lifestyle, obesity, and physical activities like standing for longer durations is expected to drive the market growth.

Hypertension is one of the main risk factors for varicose veins. In Canada, conditions like hypertension are rising, with 22% of adults having hypertension issues. Furthermore, the aging population is increasing significantly in Canada. With a rise in the geriatric population, cases of varicose veins are anticipated to increase as they are at a higher risk. Overall, 26% of adults in Canada have varicose veins as per the Canadian Society of Vascular Surgery, signifying high disease prevalence, thereby favoring the market growth.

However, the COVID-19 pandemic has negatively impacted the market as all non-urgent elective procedures, including varicose veins treatment surgeries, was postponed. Manufacturers operating in the market witnessed a decline in their revenues. The public healthcare system of Canada emphasizes more on conservative management of varicose veins rather than surgical procedures.

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Canada Varicose Vein Treatment Devices Market Report Highlights

• Canada has been witnessing a surge in the number of varicose veins cases in recent years
• According to the Canadian Society of Vascular Surgery, around 50% of people with varicose veins are aged 50 years and above
• Overall, 3.7 million people in Canada suffer from varicose veins and women are at a higher risk than men
• The sclerotherapy type segment accounted for the largest market share in 2020
• The growth is credited to the high adoption of this treatment due to the advantages, such as no need for anesthesia, no scarring, simple follow-up treatments, and no need for hospital admission
• The endovenous ablation segment is anticipated to witness the fastest CAGR over the forecast period as this treatment is preferred over conventional procedures, such as surgical stripping and ligation
• The hospitals end-use segment held a major share of the market in 2020 owing to the well-established healthcare infrastructure in Canada
• Product development, supply agreements with hospitals & clinics, and acquisitions are some of the strategic initiatives being undertaken by key market players to gain a higher market share

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Canada Varicose Vein Treatment Devices Market Segmentation

Grand View Research has segmented the Canada varicose vein treatment devices market on the basis of type and end use:

Canada Varicose Vein Treatment Devices Type Outlook (Revenue, USD Million, 2016 - 2028)

• Endovenous Ablation
  • Endovenous Laser Ablation (EVLA)
  • Fetal Radiofrequency Ablation (RFA)
• Sclerotherapy
• Surgical Ligation & Stripping

Canada Varicose Vein Treatment Devices End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Ambulatory Care Unit
• Vein Clinics
• Hospitals

List of Key Players of Canada Varicose Vein Treatment Devices Market

• Angiodynamics
• Medtronic
• Teleflex, Inc.
• Sciton, Inc.
• Biolitec AG
• Dornier Medtech
• Merit Medical Systems
• Alma Lasers
• Boston Scientific Corp.

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.

APAC Master Data Management Market For Financial Services Expected to Receive Greater Traction As Manufacturers’ Contribution Swells

 APAC Master Data Management Market For Financial Services Growth & Trends

The APAC master data management market for financial services is expected to reach USD 3.49 billion by 2028, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 13.4% from 2021 to 2028. The rising need for regulatory compliance in the banking and financial industry is the major driving factor of the overall market growth. The industry emphasizes regulatory compliance to enforce accountability and transparency in the financial system while ensuring consumer protection. Master data management (MDM) solutions provide financial institutes with a view of all the user data to ensure that customers follow government-imposed regulations such as Basel II/III, F OFAC, ATCA, HMDA, Dodd-Frank, and AML and facilitate data linking for easy access.

Enterprises are increasingly engaged in forming technology-based strategic advancements to provide private and public clients with financial service-focused solutions. Moreover, the rapidly changing regulatory requirements are generating a demand for master data management technologies that assimilate and understand the relations between entities. Continued technological partnerships and integrations have led to the advent of advanced customer platforms. In addition, the adoption of cloud solutions has proven beneficial for MDM solution providers and end-users.

With the increasing data management and maintenance solutions in banking and financial institutes, the demand for master data management solutions and services is growing as an optimal solution for maintaining, storing, structuring, & analyzing data. However, the increasing concern around data security among customers is hindering market growth. Financial firms operate in data-driven business environments, which can lead to risks such as phishing attacks, cyberattacks, and advanced data breaches. The exposure of customer data to disparate systems makes it prone to many security threats. On the other hand, inaccessible data systems, where the dispersed data and threat of security breaches are high, also restrain the adoption of MDM among several businesses.

Many customers refrain from using master data management solutions due to misconceptions around losing their vital reference data and master data if errors occur during upgrades or compilation. Besides, customers also fear losing the authenticity of their data. Despite assurances and provision of data security solutions by financial institutions, many customers still remain hesitant. These factors are hampering the adoption of master data management solutions.

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APAC Master Data Management Market For Financial Services Report Highlights

• The APAC master data management market was valued at USD 1.20 billion in 2020 and is expected to expand at a CAGR of 13.4% from 2021 to 2028
• China held the largest share in the market in 2020. The increasing need for risk management and growing number of startups in the region are anticipated to drive the market growth
• Australian MDM market for financial services is expected to register a CAGR of 13.8% over the forecast period

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APAC Master Data Management Market For Financial Services Segmentation

Grand View Research has segmented the APAC master data management market for financial services based on countries:

APAC Master Data Management For Financial Services Regional Outlook (Revenue, USD Billion, 2018 - 2028)

• Asia Pacific
  • China
  • Japan
  • Australia
  • New Zealand
  • Singapore
  • South-East Asia

List of Key Players of APAC Master Data Management Market For Financial Services

• GoldenSource
• Eagle Investment Systems LLC
• PolarLake
• Asset Control International BV (Alve)

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.

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.