Broadband Services Market Latest Innovations, Drivers and Industry Key Events 2021 – 2028: Grand View Research Inc.

 Broadband Services Market Growth & Trends

The global broadband services market size is estimated to reach USD 706.94 billion by 2028, according to the new report by Grand View Research, Inc. The market is expected to register a CAGR of 9.1% from 2021 to 2028. The rapidly escalating demand for broadband services due to their ability to offer higher date access to the internet using a wide spectrum of technologies is a major growth propeller for the market.

The market is positioned to register strong growth over the forecast period, driven primarily by the steep demand in the market. The high demand is supported by proactive government initiatives, technological advancements for improved user convenience, consumer awareness, and increased usage of devices such as mobile phones, tablets, MIDs, and eBooks-requiring a broadband connection. The internet speed and widespread availability of broadband services are notable growth contributors.

Some of the key market trends in the global market for broadband services include the following: strategic usage of broadband pre-registration indices to collect market data regarding price, engineering decisions, and user preferences; online registration of broadband services makes the process transparent and user-friendly; electronic signature in registration documents and validation of identity proofs aids in maintaining an automatic contract status and limits malpractice; system integration is increasingly emphasized to offer a one-stop-shop service for all marketing, mails, management, installation, and customer support needs; and finally, B2C models are increasingly focused on impacting crowd mentality to attract a larger customer base.

The COVID-19 pandemic has rendered a positive impact on broadband services as digital consumption has witnessed a sharp rise over the last few weeks. Work-from-home concepts in most businesses, online classes in education formats, higher usage of video calls for conferences and personal uses, online shopping of essential items, and higher viewership of entertainment content have notably increased the requirement for broadband services. Investment in companies to adopt digital channels for product promotion and sales is also likely to surge in the near future. Besides speed, add-on services are a key attraction for customers, thereby leveling up the competitive rivalry in the market.

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Broadband Services Market Report Highlights

• The Asia Pacific regional market accounted for the largest market share in 2020, owing to the wide-scale usage of broadband services
• Fiber opticsdominated the broadband connection segment due to its speedy connection, large-scale adoption, and continuously evolving technology
• Wireless broadband services are positioned to demonstrate double-digit growth momentum over the forecast period
• Increased adoption of broadband services during COVID-19 has prominently augmented market growth and fuelled the digital revolution in business models
• The prominent industry players operating in the market are Comcast; AT&T Intellectual Property; Verizon Communications, Inc.; and Cox Communications, Inc.

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Broadband Services Market Segmentation

Grand View Research has segmented the global broadband services market based on broadband connection, end-user, and region:

Broadband Services Broadband Connection Outlook (Revenue, USD Billion, 2017 - 2028)

• Fiber Optic
• Wireless
• Satellite
• Cable
• Digital Subscriber Line (DSL)

Broadband Services End-user Outlook (Revenue, USD Billion, 2017 - 2028)

• Business
• Household
• Others

Broadband Services Regional Outlook (Revenue, USD Billion, 2017 - 2028)

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

List of Key Players of the Broadband Services Market

• Comcast
• AT&T
• Verizon Communications, Inc.
• Cox Communications, 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.

U.S. Restaurant Point Of Sale Solution Market is Projected to Boost USD 4.74 Billion by 2028: Grand View Research Inc.

 U.S. Restaurant Point Of Sale Solution Market Growth & Trends

The U.S. restaurant point of sale solution market size is expected to reach USD 4.74 billion by 2028, expanding at a CAGR of 3.9% from 2021 to 2028, according to the new study conducted by Grand View Research, Inc. The rising demand for digital solutions for effectively managing restaurant business operations such as tracking employee attendance, inventory, online food order delivery status, and recording orders and sales is expected to drive the market growth.

However, the COVID-19 pandemic severely impacted the restaurant industry, disrupted the supply chain of the point of sale(POS) terminal market, and restricted people in their homes. These factors impacted fine-dine restaurants, affecting the overall demand for POS solutions. As of February 2021, nearly 110,000 restaurants in the U.S. had closed permanently. The pandemic also highlighted the need for improving POS solutions as small and medium-size restaurants were compelled to adopt digital services and embrace automation. Moreover, the concept of cloud kitchens started gaining immense popularity as it allowed businesses to capitalize on the rise in online food orders, boosting the demand for mobile terminals in these premises.

The growing need for contactless transactions, device upgrades, and the readiness of digital payments facilitating quick integration and sync with active accounts are expected to drive the demand for restaurant POS solutions. Furthermore, reduction in Total Cost of Ownership (TCO) and improved return on investments offered by the POS terminals have considerably increased their demand among SMBs. Also, the introduction to PIN and chip-embedded payment cards has reduced security concerns, thereby controlling sensitive data theft and augmenting demand for POS solutions.

The introduction of mobile payment applications has also fueled the demand for software solutions as cashless payments are gaining immense popularity among consumers. Merchants have started accepting mobile wallet payments via applications such as PayPal, Venmo, Samsung Pay, Google Pay, and Apple Pay. Along with facilitating cashless payment, contactless payment methods also helped limit the spread of COVID-19, which increased their popularity. Moreover, the availability of technologically advanced POS payment applications and terminals is expected to augment the demand for POS solutions in the restaurant industry.

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U.S. Restaurant Point Of Sale Solution Market Report Highlights

• In terms of component, the software segment is expected to expand at the highest CAGR from 2021 to 2028. The demand for POS software has increased during the COVID-19 pandemic as restaurateurs adopted mobile POS terminals and upgraded their existing applications to support online food deliveries
• In terms of product, the mobile POS segment is expected to exhibit the highest growth rate owing to benefits such as affordability, quick integration, and mobility. Advanced mPOS software solutions are also equally capable of handling inventory, financial transactions, and sales information to support business operations
• In terms of end user, the FSR segment dominated the market in 2020 owing to the high demand for POS solutions across fine-dine and casual-dine restaurants. However, the FSR segment suffered significant losses in 2020 as the COVID-19 pandemic impacted the restaurant industry. The industry is recovering slowly in 2021 as many restaurants have reopened, expected to help the segment expand in the near future
• NCR Corporation; Toast Inc.; Square Inc.; Clover Network Inc.; and Oracle are some of the prominent players in the market. These vendors have created a strong ecosystem of distributors, technology, and channel partners in the country, driving the market growth.

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U.S. Restaurant Point Of Sale Solution Market Segmentation

For this study, Grand View Research has segmented the U.S. restaurant POS solution market based on product, component, deployment, and end-user:

U.S. Restaurant POS Solution Product Outlook (Revenue, USD Million, 2017 - 2028)

• Fixed POS
• Mobile POS

U.S. Restaurant POS Solution Component Outlook (Revenue, USD Million, 2017 - 2028)

• Hardware
• Software
• Services

U.S. Restaurant POS Solution Deployment Outlook (Revenue, USD Million, 2017 - 2028)

• Cloud
• On-premises

U.S. Restaurant POS Solution End-user Outlook (Revenue, USD Million, 2017 - 2028)

• FSR
  • Fine Dine
  • Casual Dine
• QSR
• Institutional
• Others

List of Key Players of the U.S. Restaurant Point Of Sale Solution Market

• Ingenico (acquired by Worldline)
• PAX Technology
• Clover Network Inc.
• Lightspeed
• Square Inc.
• TouchBistro
• Toast, Inc.
• Helcim Inc.
• Revel System
• Bepoz America LLC
• Oracle

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 Market For In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing to Witness Tremendous Growth and Expansion by 2028

 In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing Growth & Trends

The global in-vitro toxicology assays market size for cannabis and nicotine testing is expected to reach USD 2.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 11.2% from 2021 to 2028. Growing adoption of high throughput techniques in cannabis testing, legalization of medical cannabis, and growing awareness regarding the potential hazards of nicotine consumption have majorly driven the market throughout the forecast period.

The legalization of medical cannabis is underway globally, including in countries such as Germany, Australia, and Israel. The market is gaining momentum in the Asia Pacific region, with Thailand having fully legalized medicinal cannabis. Thus, increasing legalization of medical cannabis is expected to drive the market growth to a major extend. In addition, technological advancements in cellular assays have boosted the market growth.

COVID-19 has become a catalyst for changing the traditional use of cannabis. Owing to the pandemic, the leading scientific community and market competitors are now focusing on deciphering the potential of cannabis to prevent SARS-CoV-2 infection. Companies have reported the increase in the sale of cannabis as some states/countries have declared cannabis as an essential medicine during the pandemic.

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In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing Report Highlights

• Nicotine testing accounted for the largest revenue in 2020 and is expected to continue the trend in the forecast period owing to increasing safety concerns associated with nicotine products
• Cannabis testing is expected to witness gradual growth through 2021-2028 owing to the rising acceptance of cannabis for medical use
• 3D cell culture technology is expected to grow at substantial CAGR owing to the increasing popularity of drug development and toxicity testing
• Cytotoxicity testing designing accounted for the highest market revenue in 2020 owing to advancements in different tools for evaluating the cytotoxic effects of nicotine-containing products
• North America has emerged as the highest revenue-generating region in 2020, owing to the prevalence of cancer, presence of key players, and developed healthcare infrastructure
• Asia Pacific is anticipated to witness the fastest CAGR throughout the forecast period. It is anticipated that China and India are contributing majorly to the regional market’s growth
• Key players are undertaking various strategic initiatives such as mergers and acquisitions to maintain their presence in the market
• In August 2020, Eurofins Scientific purchased approximately 136 smaller labs within 3 years from 2014 to 2019, accounting for a total expenditure of USD 3.4 billion in these acquisitions

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In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing Segmentation

Grand View Research has segmented the global in-vitro toxicology assays market for cannabis and nicotine testing on the basis of test type, technology, application, method, and region:

In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing Type Outlook (Revenue, USD Million, 2017 - 2028) 

• Cannabis Testing
• Nicotine Testing

In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing Technology Outlook (Revenue, USD Million, 2017 - 2028)

• 3D Cell Culture Technology
• Mass Spectrometry
• Flow Cytometry
• Others

In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing Application Outlook (Revenue, USD Million, 2017 - 2028)

• Genetic Toxicity Testing
• Carcinogenicity Testing
• Cytotoxicity Testing
• Mutagenicity Testing
• Others

In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing Method Outlook (Revenue, USD Million, 2017 - 2028)

• Cellular Assay
  • Live Cells
    • High Throughput / High Content Screening
    • Molecular Imaging
    • Others
  • Fixed Cells
• Others

In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of In-vitro Toxicology Assays Market For Cannabis And Nicotine Testing

• Stemina Biomarker Discovery, Inc.
• Broughton Nicotine Services
• Labstat International, Inc.
• IONTOX
• TOXIKON
• Integrated Laboratory Systems
• Enthalpy Analytical
• PBR Laboratories, 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.

Vials And Ampoules Market: Advanced Technologies and Growth Opportunities Worldwide By 2028

 Vials And Ampoules Market Growth & Trends

The global vials and ampoules market size is anticipated to reach USD 13.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.5% from 2021 to 2028. The market is predominantly driven by the rapid growth in the pharmaceutical industry mainly in emerging markets such as India and China. In addition, the COVID-19 pandemic has created a huge demand for vials and ampoules globally. The production of the COVID-19-vaccine at a large scale in various nations across the globe has significantly impacted the market scenario.

Companies such as Pfizer, Serum Institute of India, among other several biotechnology and pharmaceutical manufacturing companies are consistently doing R&D and developing vaccines with greater efficiency against coronavirus. The government of various nations has aimed to vaccinate the majority of their country’s population by the end of 2021. Thus, vials and ampoules manufacturers are ramping up their production capacity multi-folds. India is among the top worst hit nations in the world. Moreover, the government of India is aiming to vaccinate the majority of the 137 crores Indian population by the end of 2021. This, further accelerate the demand for vials in India.

Various vials and ampoule manufacturing companies such as Schott Kaisha and Gerresheimer India are scaling up their capacity in India. For instance, Gerresheimer India is planning to increase its capacity by 30.0%. Companies are developing hybrid plastic and glass vials and ampoules with increased durability and low cost. Such innovations by the market players are expected further increase their product demand in the global market.

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Vials And Ampoules Market Report Highlights

• The glass material segment contributed to a revenue share of 77.5% in 2020. Glass is the most extensively used packaging material in the pharmaceutical industry owing to its properties such as non-reactive, non-corrosive, reusable, and recyclable properties
• The plasticsegment is anticipated to grow well during the forecast period 2021 - 2028. Plastic vials are cost-effective, durable, and lightweight. Moreover, plastic gives design flexibility. Such factors are increasing the demand for plastic material in the manufacturing of vials and ampoules
• India is the second-largest market for ampoules and vials in terms of value in Asia Pacific. This is due to the huge production of generic medicines in India. India is the largest supplier of generic pharmaceutical products in the world. Moreover, the recent outbreak has increased the demand for vials and ampoules in India
• Pharmaceutical companies such as Serum Institute of India and Bharat Biotech have developed the COVID-19 vaccines i.e., Covishield and Covaxin. The production of these vaccines is on large scale, which further requires a huge number of vials. Thus, India is one of the major markets for vials and ampoules in recent times
• Among the product segment, the ampoules segment accounted for a majority of the revenue share in 2020. Ampoules are low-cost compared to vials. In the pharmaceutical industries and hospitals, doctors normally give 1ml to 3ml of vaccines to a patient which mainly comes in the ampoules format
• The key market players are utilizing their full capacity and rapidly increasing their production capacities due to the increasing demand for vials and ampoules in the manufacturing of COVID-19 vaccines. For instance, in November 2020, Schott Kaisha announced an investment of around USD 14 million in its existing production facility to increase the vials production capacity by 300 million pieces

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Vials And Ampoules Market Segmentation

Grand View Research has segmented the global vials and ampoules market on the basis of material, end-use industry, product, size, and region

Vials And Ampoules Material Outlook (Revenue, USD Million, 2017 - 2028)

• Glass
• Plastic

Vials And Ampoules End-use Industry Outlook (Revenue, USD Million, 2017 - 2028)

• Food & Beverage
• Pharmaceutical
• Chemical
• Personal Care & Cosmetics

Vials And Ampoules Product Outlook (Revenue, USD Million, 2017 - 2028)

• Vials
• Ampoules

Vials And Ampoules Size Outlook (Revenue, USD Million, 2017 - 2028)

• Small
• Large

Vials And Ampoules Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Vials And Ampoules Market

• Schott AG
• Gerresheimer AG
• SGD SA
• Nuova Ompi SRL (Stevanato Group)
• NIPRO Corporation
• Piramida d.o.o.
• APL Solutions Pvt. Ltd
• Crestani srl
• Pacific Vials Manufacturing Inc.
• Borosil

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.

Transportation Management Systems Market to Reap Excessive Revenues By 2028

 Transportation Management Systems Market Growth & Trends

The global transportation management systems market size is expected to reach USD 27.48 billion by 2028, according to a new report by Grand View Research, Inc., the market is expected to register a CAGR of 14.3% from 2021 to 2028. The unabated growth of the e-commerce and retail industries and the strong emphasis on automating the supply chain and logistics processes using the latest technologies are expected to drive the demand for Transportation Management Systems (TMS) over the forecast period.

The logistics industry has been evolving in line with the advances in technology. The latest technologies, such as artificial intelligence (AI), blockchain, Internet of Things (IoT), and big data, are rapidly transforming the way transportation systems are designed and implemented. Logistics and transportation activities involve a significant exchange of information between all the stakeholders, especially the customers and service providers. At this juncture, efficient TMS facilitates the rapid exchange of information. They also enhance visibility and control over the shipments and subsequently efficiency and customer satisfaction.

The demand for Software-as-a-Service (SaaS)-based TMS is growing owing to the cost-effectiveness and flexibility associated with the SaaS delivery model. Cloud-based services account for a significant share of the global TMS market. Given the increasing demand for customized solutions, vendors are competing aggressively to offer advanced, on-demand software.

Transportation management systems help in accelerating the order-to-delivery cycle times, reducing inventory management costs, ensuring compliance, reducing freight costs, and cutting the time spent on maintaining customs documentation. The higher ROI offered by transportation management systems is particularly serving as a primary driver of the growth of the TMS market.

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Transportation Management Systems Market Report Highlights

• The cloud segment is anticipated to register a significant CAGR over the forecast period. The growth can be attributed to the continued digitalization and growth of the e-commerce industry in emerging economies
• The airways segment is expected to register a considerable CAGR over the forecast period. The growing demand for fast-paced delivery of products from the incumbents of the retail, e-commerce, healthcare, and logistics industries is expected to encourage the deployment of TMS for air transportation
• The government organizations segment is anticipated to register a moderate CAGR over the forecast period owing to the rising demand for traffic management solutions, including automatic number plate recognition, signaling, information management, and parking management, among others
• North America accounted for the largest revenue share owing to the increasing import and export activities across the U.S. and Canada, which are driving the demand for TMS for real-time tracking of products across the region

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Transportation Management Systems Market Segmentation

Grand View Research has segmented the global transportation management systems market based on deployment, mode of transportation, end-use, and region:

Transportation Management Systems Deployment Outlook (Revenue, USD Billion, 2018 - 2028)

• On-premise
• Cloud

Transportation Management Systems Mode of Transportation Outlook (Revenue, USD Billion, 2018 - 2028)

• Roadways
• Railways
• Waterways
• Airways

Transportation Management Systems End-use Outlook (Revenue, USD Billion, 2018 - 2028)

• Retail & E-commerce
• Manufacturing
• Logistics
• Government Organizations
• Others

Transportation Management Systems Regional Outlook (Revenue, USD Billion, 2018 - 2028)

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

List of Key Players in the Transportation Management Systems Market

• 3GTMS
• BluJay Solutions Ltd.
• Cerasis, Inc.
• H. Robinson Worldwide, Inc.
• The Descartes Systems Group Inc.
• Infor Inc.
• International Business Machines Corporation
• inet-logistics GmbH
• JDA Software Group, Inc.
• Manhattan Associates
• MercuryGate International Inc.
• Oracle Corporation
• SAP SE
• Trimble Transportation Enterprise Solutions, 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.

Skin Care Products Market Top Players ,Analysis And Forecast Till 2028: Grand View Research Inc.

 Skin Care Products Market Growth & Trends

The global skin care products market size is expected to reach USD 188.24 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.8% from 2021 to 2028. Rising concerns regarding skin problems are driving the industry for skin care products. The growing demand for concern-specific skin care products such as face creams, body lotions, shaving lotions and creams, and face sunscreens is likely to fuel the overall demand.

Rising awareness regarding the various benefits of using skin care products has resulted in a rise in their demand over the last few years. Moreover, an inclination toward natural and organic skin care products is observed, making it a major sector in the cosmetics and wellness industry. Organic products are derived from natural resources and are free from harmful chemicals.

The female gender segment held the largest share in 2020 and is expected to maintain its lead over the forecast period. Women are increasingly adding personal grooming products to their daily routines to enhance their confidence and appearance. The increased demand for face creams, sunscreens, and body lotions across the globe is expected to have a positive impact on the market growth.

The supermarkets and hypermarkets distribution channel segment held the largest share in 2020.A large number of consumers prefer buying skin care products from hypermarkets and supermarkets due to the shopping experience offered by these stores. The ability to physically verify these products, along with expert assistance, is another major factor contributing to the growth of this distribution channel. The market for skin care products is consolidated with the presence of a large number of international players and a few regional players.

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Skin Care Products Market Report Highlights

• Asia Pacific held the largest revenue share in 2020. The increasing consumption of skin care and cosmetic products in the emerging markets of China and India due to a growing number of new product launches and rising concerns about skin health, the harmful effects of UV rays, and skin conditions are likely to positively influence the market growth in the APAC region
• The others product segment is projected to register the fastest CAGR of 5.7% from 2021 to 2028.The other segment includes various types of skin care products such as face masks and serums. Serums are generally used to get a fresher, younger skin appearance by reducing blemishes and providing essential hydration
• By distribution channel, the supermarkets and hypermarkets segment is expected to witness the fastest growth during the forecast period owing to a shift in consumer shopping behavior. Hypermarkets and supermarkets sell a variety of cosmetic and beauty care products for both men and women. Owing to the increasing demand for cosmetic products and rising shelf space, many of these stores have trained professionals in the cosmetics and beauty aisles to provide customers expert guidance and recommendations

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Skin Care Products Market Segmentation

Grand View Research has segmented the global skin care products market on the basis of gender, product, distribution channel, and region:

Skin Care Products Gender Outlook (Revenue, USD Million, 2016 - 2028)

• Male
• Female

Skin Care Products Outlook (Revenue, USD Million, 2016 - 2028)

• Face Creams & Moisturizers
• Cleansers & Face Wash
• Sunscreen
• Body Creams & Moisturizers
• Shaving Lotions & Creams
• Others

Skin Care Products Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Supermarkets & Hypermarkets
• Convenience Stores
• Pharmacy & Drugstore
• Online
• Others

Skin Care Products Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Skin Care Products Market

• L’Oreal S.A.
• Beiersdorf AG
• Shiseido Co., Ltd.
• Procter & Gamble (P&G)
• Unilever
• Johnson & Johnson Services, Inc.
• Avon Products, Inc.
• Coty Inc.
• Colgate-Palmolive Company
• Revlon

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.

Antiviral Drugs Market is Thriving USD 60.0 Billion Revenue by 2028: Grand View Research Inc.

 Antiviral Drugs Market Growth & Trends

The global antiviral drugs market size is expected to reach USD 60.0 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of (-0.6%) from 2021 to 2028. This is owing to the loss of patent protection of drugs and the high R&D investment required for developing antiviral drugs. However, the rising prevalence of viral infections and the presence of a potential pipeline for the treatment of HIV infection are expected to fuel the growth over the forecast period.

The increasing prevalence of influenza with other complications such as viral pneumonia, obesity, and the rising geriatric population drives the market growth. Moreover, pneumonia is one of the major causes of death in children worldwide. According to the WHO, Pneumonia causes 808,694 children’s deaths in 2017, accounting for 15.0% of all deaths of children under 5 years old. It is most prevalent in South Asia and the sub-Saharan African region.

The awareness of viral infections, their prevention, and treatment are high in most of the regions. For instance, according to CDC, in 2019, the vaccination rate against influenza was 49% in the U.S., which prevented around 4.4 million influenza infections and around 3,500 deaths in the country. Moreover, the increase in vaccination rate against hepatitis and herpes is affecting the market growth over the forecast period.

Increasing collaboration between government bodies and key players is anticipated to fuel the growth of R&D activities in the development of novel antiviral drugs. For instance, in June 2021, Merck & Co., Inc. entered into a procurement agreement with the U.S. government for molnupiravir, an investigational antiviral for COVID-19 treatment. According to the agreement, the company will receive USD 1.2 billion to supply around 1.7 million courses of the drug to the U.S. government, if molnupiravir receives emergency use authorization or approval by the U.S. FDA.

Companies are adopting strategies such as product development and collaboration to increase their share in the market. For instance, in April 2021, Janssen Pharmaceuticals, Inc. and Cidara Therapeutics, Inc. collaborated to develop Cidara’s Cloudbreak antiviral conjugates for the prevention and treatment of influenza. Moreover, in October 2020, F. Hoffmann-La Roche Ltd and Atea Pharmaceuticals, Inc. also collaborated to develop, manufacture, and market AT-527 for the treatment of COVID-19. AT-527 acts as an RNA polymerase inhibitor and stops viral replication.

Favorable initiatives undertaken by government bodies to prevent and treat viral infections are expected to support the management of viral infections. For instance, the U.K. government has launched an antiviral task force to investigate treatments for SARS-CoV-2 infection in home-based settings. It will help prevent the infection and limit the effect of new variants of the SARS-CoV-2 virus. Moreover, the U.S. government is investing more than USD 3 billion to fasten the development of antiviral drugs against COVID-19 and other viral infections.

The upsurge in COVID-19 cases and strong pipeline products is expected to positively impact market growth. According to the WHO, as of 1^st September 2021, a total of 217.56 million confirmed cases of COVID-19, including 4.52 million deaths reported. For instance, in May 2021, based on Favipiravir formula antiviral drug BALflue was launched by BAL Pharma, it is used for the treatment of patients with mild to moderate Covid-19 infection as well as used in the treatment of 53 types of influenza viruses. Overall, the outbreak of the COVID-19 pandemic is estimated to propel the market growth, however, it has adversely affected the consumption of antiviral medicines from other applications owing to disruption in the supply chain and limited access to healthcare services during the complete lockdown.

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Antiviral Drugs Market Report Highlights

• An increase in the COVID-19 case is expected to drive market growth in the next 2 to 4 years
• The reverse transcriptase inhibitors segment dominated the market due to the high efficacy of drugs and growing prevalence of diseases like HIV and hepatitis B, globally
• The HIV segment dominated the market in 2020 and is projected to maintain its dominance over the forecast period, owing to the commercialization of pipeline products over the forecast period
• North America dominated the market in 2020 and Asia Pacific is expected to exhibit fastest growth during the forecast period

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Antiviral Drugs Market Segmentation

Grand View Research has segmented the global antiviral drugs market on the basis of drug class, type, application, and region:

Antiviral Drug Class Outlook (Revenue, USD Million, 2017 - 2028)

• DNA Polymerase Inhibitors
• Reverse Transcriptase Inhibitors
• Protease Inhibitors
• Neuraminidase Inhibitors
• Others

Antiviral Drugs Type Outlook (Revenue, USD Million, 2017 - 2028)

• Branded
• Generics

Antiviral Drugs Application Outlook (Revenue, USD Million, 2017 - 2028)

• HIV
• Hepatitis
• Herpes
• Influenza
• Others

Antiviral Drugs Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Antiviral Drugs Market

• Hoffmann-La Roche Ltd.
• GlaxoSmithKline plc
• AbbVie
• Merck & Co., Inc.
• Johnson & Johnson Services, Inc.
• Bristol-Myers Squibb Company
• Cipla Inc.
• Aurobindo Pharma
• Reddy’s Laboratories 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.

Dental Chair Market Poised to Expand at a Robust Pace Over 2028: Grand View Research Inc.

 Dental Chair Market Growth & Trends

The global dental chair market size is expected to reach USD 693.6 million by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.1% from 2021 to 2028. Rising focus on oral care and aesthetic has increased the adoption of dental procedures, which is anticipated to boost the market growth. In addition, advanced dentistry is time-saving that has various benefits such as less chair time, less invasive procedures, shorter and fewer appointments, and patient satisfaction. This is expected to propel the growth of the market. On the other hand, according to the Oral Health Group, in March 2020, during the COVID-19 pandemic, the health and regulators authorities declared all dental offices to stop seeing patients immediately, resulting in unprecedented revenue drops across the sector.

The COVID-19 has negatively impacted the market for dental chairs. According to the WHO guidelines, the infection mainly spreads through the eyes, nose, and mouth, and at such times, the dental practitioners have been unable to open and operate from their clinics. Travel restrictions on medical tourism in countries, such as India and China, have led to a negative impact on the market.

Chairs that are easy to access for disabled and elderly people give comfort to the patient and make the procedure have a frontal view of the face that helps dentists to operate easily. Advancement in the technology of dentistry such as digital radiography, 3-D imaging, printing and scanning, laser dentistry, practice management software, and CAD/CAM and chair-side milling has shifted the dentistry to next level of advanced diagnosis and treatment. Thus, this factor is anticipated to boost the growth of the market.

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Dental Chair Market Report Highlights

• Based on product, the powered dental chairs segment accounted for the largest volume share in 2020 due to the advancement in technology
• In terms of type, the ceiling-mounted design segment dominated the market in 2020 as it offers assistance in performing multiple surgeries along with movable lights
• By application, the examination segment held the largest volume share in 2020 owing to the increasing prevalence of dental diseases and awareness regarding oral health
• Asia Pacific is anticipated to grow significantly over the forecast period due to the growing medical tourism in emerging countries

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

Dental Chair Market Segmentation

Grand View Research has segmented the global dental chair market on the basis of product, type, application, and region:

Dental Chair Product Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

• Powered Dental Chairs
• Non-powered Dental Chairs

Dental Chair Type Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

• Ceiling Mounted Design
• Mobile Independent Design
• Dental Chair Mounted Design

Dental Chair Application Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

• Examination
• Surgery
• Orthodontics
• Others

Dental Chair Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Dental Chair Market

• Austin Dental Equipment Company (A-Dec, Inc.)
• Midmar
• Craftsmaster Contour Equipment, Inc.
• XO CARE A/S
• Sirona
• Henry Schein, Inc.
• Danaher Corporation
• PLANMECA OY
• Patterson Dental Supply, Inc.
• Straumann

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.

Software Consulting Market to Record an Exponential CAGR by 2028: Grand View Research Inc.

 Software Consulting Market Growth & Trends

The global software consulting market size is expected to reach USD 539.18 billion by 2028, registering a CAGR of 12.0% from 2021 to 2028, according to a new study by Grand View Research, Inc. This growth is attributed to the myriad of benefits these solutions and services offer, such as optimizing business operations, minimizing wastage, and augmenting organizational revenues. These services also help organizations in identifying business growth opportunities and determining areas for cost efficiencies. The Covid-19 pandemic has affected market players as well as consultants.

However, consulting is one of the first markets to adopt remote working since consultants and vendors need to work from various parts of the world for their projects. The increasing adoption of advanced technologies and the current digitization trend have enabled software consulting to outlast these challenging times. Enterprises are increasingly adopting the latest technologies, such as cloud computing and mobile computing, which is anticipated to drive market growth.

The growing adoption and deployment of cloud technology can be attributed mainly to the growing interest of organizations in operational flexibility, business applications, and workload optimization hosted on a cloud computing environment. The high level of scalability &flexibility along with cost advantages offered by cloud computing is also influencing the migration to cloud platforms, thereby driving the market growth.

Market players are pursuing various growth strategies, including collaborations, partnerships, new product development, and mergers & acquisitions, to gain a competitive edge. For instance, in April 2019, CGI Group Inc. acquired Acando AB. Through this acquisition, the company aimed to enhance its IT consulting services, thereby helping clients with system integration, strategic consulting, and customer-centric digital innovation capabilities.

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Software Consulting Market Report Highlights

• The software security services segment is anticipated to register the highest CAGR from 2021 to 2028
• The segment growth can be credited to the increasing use of cloud servers to store information and the growing number of cyber attacks to gain unauthorized access to critical business information
• The large enterprises segment dominated the market in 2020 and will remain dominant over the forecast period due to high investments by large enterprises in advanced technologies to cope with the changing industry dynamics
• Healthcare is anticipated to emerge as the fastest-growing end-use segment over the forecast period
• The growing number of web and mobile applications has revolutionized the way hospitals diagnose their patients, people maintain their fitness, and health reports are generated, thereby driving the demand for consulting to provide technical support and troubleshooting services for clients
• Asia Pacific is expected to register the fastest CAGR from 2021 to 2028. High demand for web & mobile app design consultation to assist online businesses due to the rapidly expanding e-commerce sector is expected to drive the market in the region

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

Software Consulting Market Segmentation

Grand View Research has segmented the global software consulting market on the basis of application, enterprise size, end-use, and region:

Software Consulting Application Outlook (Revenue, USD Billion, 2016 - 2028)

• Enterprise Solutions
• Application Development
• Migration & Maintenance Services
• Design Services
• Application Testing Services
• Software Security Services
• Others

Software Consulting Enterprise Size Outlook (Revenue, USD Billion, 2016 - 2028)

• Large Enterprise
• Small & Medium Enterprises (SMEs)

Software Consulting End-use Outlook (Revenue, USD Billion, 2016 - 2028)

• Automotive
• BFSI
• Education
• Government
• Healthcare
• IT & Telecom
• Manufacturing
• Retail
• Others

Software Consulting Regional Outlook (Revenue, USD Billion, 2016 - 2028)

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

List of Key Players of Software Consulting Market

• Accenture PLC
• Atos SE
• Capgemini
• CGI Group, Inc.
• Clearfind
• Cognizant
• Deloitte Touche Tohmatsu Ltd.
• Ernst & Young LLP
• International Business Machines Corp.
• Oracle Corp.
• PricewaterhouseCoopers B.V.
• Rapport IT
• SAP SE

About Grand View Research

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

Medical Tubing Market To Hold a High Potential for Growth by 2028: Grand View Research Inc.

 Medical Tubing Market Growth & Trends

The global medical tubing market size is expected to reach USD 19.53 billion by 2028, registering a CAGR of 7.0% over the forecast period, according to a new report by Grand View Research, Inc. Rising access to healthcare supplies worldwide, easy availability of cost-competitive medical-grade plastics, and increasing demand for medical devices that integrate tubing are the major factors driving the market. Increasing consciousness about Hospital-Acquired Infections (HAIs) along with increasing concerns about the spread of these infections are anticipated to boost the demand for disposable medical devices. Rising strategic alliances within the medical equipment industry across the globe are expected to drive the market. 

Medical device OEMs are coming up with various designs and materials to enhance the performance of the devices to sustain in the rapidly advancing medical equipment industry. OEMs demand medical tubing solutions that are easier to replace and reduce the risks of drug contamination and infection. A wide variety of specialized tubes, such as braided, balloons, and multi-layer, are introduced by key manufacturers to meet the varied requirements of end-users. Key manufacturers are setting up new manufacturing plants to increase the production capacity.

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Medical Tubing Market Report Highlights

• Bulk disposable tubing accounted for more than 35% of the global revenue share in 2020
• The segment growth can be credited to the high emphasis on preventing the spread of infections from one patient to another and high robust investments in the healthcare sector in APAC countries
• The fluoropolymers segment is estimated to grow at the fastest CAGR over the forecast period
• This is due to the properties of fluoropolymers, such as high purity with low extractable, dielectric properties, chemical inertness, and usability in a wide range of temperatures
• The Asia Pacific regional market is expected to witness the fastest CAGR of 8.4% from 2020 to 2028
• The growth is credited to the rapid advancement in technology, increase in healthcare expenditure, and strict regulations about the medical device industry
• Manufacturers are engaged in adopting various strategies including mergers & acquisitions, expansion, and geographical expansions to gain maximum market share

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

Medical Tubing Market Segmentation

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

Medical Tubing Product (Revenue, USD Million, 2017 - 2028)

• Silicone
• Polyolefins
• Polyvinyl Chloride (PVC)
• Polycarbonates
• Fluoropolymers
• Others

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

• Bulk Disposable Tubing
• Drug Delivery Systems
• Catheters
• Biopharmaceutical Laboratory Equipment
• Others

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

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Russia
  • Spain
  • Italy
  • The Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Singapore
  • South Korea
• Central & South America
  • Brazil
• Middle East & Africa
  • South Africa

List of Key Players of Medical Tubing Market

• Asahi Tec Corp.
• MDC Industries
• Nordson Corp.
• ZARYS International Group
• Hitachi Cable America Inc.
• NewAge Industries, Inc.
• TE Connectivity
• Freudenberg & Co. KG
• Spectrum Plastics Group
• ATAG SpA
• Saint-Gobain
• Bentec Medical
• Trelleborg AB
• MicroLumen, Inc.
• Optinova
• Vanguard Products 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.