Home Healthcare Market Pegged For Strong Growth During 2021-2028: Grand View Research Inc.

 Home Healthcare Market Growth & Trends

The global home healthcare market size is expected to reach USD 545.1 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.88% over the forecast period. This growth can be attributed to cost-efficiency, improved patient outcomes, and convenience offered by home healthcare agencies. In addition, the rising geriatric population and the growing prevalence of chronic diseases, such as Alzheimer’s, dementia, and orthopedic conditions, are expected to drive market growth. As per the Population Reference Bureau data updated in June 2019, the number of people aged 65 years and above was 52 million in 2018 and is projected to double by 2060 to reach 95 million. The World Health Organization (WHO) statistics state that there are around 50 million dementia patients in the world with 10 million new cases getting added every year. This number is expected to reach 82 million by 2030.

The elderly population is expected to outnumber the children population in the span, which is a demographic shift and poses to be a public health challenge. Moreover, the maintenance and establishment of hospitals and other healthcare settings need high capital investment. Some of the healthcare solutions providers are following a merger and acquisition strategy to enter the market and provide cost-effective services and leverage the expertise of the merged or acquired firm. Also, shifting trends toward in-home healthcare services for patients to avoid hospital stays is another key factor driving the market growth. During the COVID-19 pandemic, the majority of the nursing facilities were significantly impacted, while the in-home services aided the majority of healthcare providers to offer their services in a safe environment.

The demand for home care services is expected to increase in the immediate future, owing to the ongoing COVID-19 pandemic. These services are safer and cost-effective alternatives to hospital services. External substitutes, including hospitals, informal care, and other healthcare establishments, pose a limited threat, mostly due to their high costs. Thus, the threat of substitutes in the market is expected to be moderate during the forecast period.

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Home Healthcare Market Report Highlights

• Services dominated the component segment in 2020. Growing demand for skilled nurses for rehabilitation services, wound dressings, tube feedings, and maintaining stable patient health drive the growth of this segment
• Mainly, patients with major trauma due to accidents or those suffering from strokes opt for rehabilitation services for improving their way of talking, walking, and feeding themselves all over again
• The demand for home therapeutic equipment is increasing due to the rising prevalence of chronic conditions, such as respiratory diseases, kidney disorders, and diabetes
• Advancement in technology is likely to favor market growth. For instance, active home telemonitoring devices can help in capturing vital signs and symptoms, which help the home health agency
• North America is the most matured regional market. The presence of a large geriatric population, sophisticated healthcare infrastructure, and relatively higher patient disposable income levels are some of the key factors driving the regional market
• Europe held a significant share in 2020. With the ongoing COVID-19 pandemic, the demand for nurses, attendants, physicians, physiotherapists, and caregivers is expected to rise, with home care services being considered a safer alternative to hospital services

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Home Healthcare Market Segmentation

Grand View Research has segmented the global home healthcare market on the basis of component and region:

Home Healthcare Component Outlook (Revenue, USD Million, 2016 - 2028)

• Equipment
  • Therapeutic
    • Home Respiratory Therapy Equipment
    • Insulin Delivery Devices
    • Home IV Pumps
    • Home Dialysis Equipment
    • Others
  • Diagnostic
    • Diabetic Care Unit
    • BP Monitors
    • Multi Para Diagnostic Monitors
    • Home Pregnancy & Fertility Kits
    • Apnea & Sleep Monitors
    • Holter Monitors
    • Heart Rate Monitors
    • Others
  • Mobility Assist
    • Wheelchair
    • Home Medical Furniture
    • Walking Assist Devices
  • Services
    • Skilled Home Healthcare Services
      • Physician Primary Care
      • Nursing Care
      • Physical/Occupational/Speech Therapy
      • Nutritional Support
      • Hospice & Palliative Care
      • Others
    • Unskilled Home Healthcare Services

Home Healthcare Regional Outlook (Revenue, USD Billion, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • The Netherlands
  • China
  • Japan
  • India
  • Australia
  • Singapore
  • Malaysia
  • Thailand
  • Philippines
  • South Korea
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Oman
  • UAE
  • Egypt

List of Key Players of Home Healthcare Market

• Manufacturers
  • McKesson Medical-Surgical, Inc.
  • Fresenius Medical Care
  • Medline Industries, Inc.
  • Medtronic PLC
  • 3M Healthcare
  • Baxter International, Inc.
  • Braun Melsungen AG
  • Arkray, Inc.
  • Hoffmann-La Roche AG
  • Becton, Dickinson And Company
  • Acelity L.P.
  • Hollister, Inc.
  • ConvaTec Group PLC
  • Molnlycke Health Care
• Service Providers
  • Brookdale Senior Living, Inc.
  • Home Health Services Ltd.
  • Sunrise Carlisle, LP
  • Extendicare, Inc.
  • Care U.K. Limited
  • Senior Care Centers of America
  • Genesis Healthcare Corp.
  • Sompo Holdings, Inc.
  • Kindred Healthcare, Inc.
  • Home Instead Senior Care, 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.

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

 Astaxanthin Market Growth & Trends

The global astaxanthin market size is expected to reach USD 4.75 billion by 2028, registering a CAGR of 16.8%, according to a new report by Grand View Research, Inc. Increasing adoption of dietary supplements, growing awareness among people regarding healthy lifestyle, and government initiatives to increase the manufacturing capacity are anticipated to boost the market growth. For instance, in May 2019, Algalíf Iceland ehf. received financial aid from EU’s SME Instrument program and Icelandic Centre for Research’s Technology Development Fund to expand its manufacturing capacities by adding spray dryers.

Cost-effective technologies widely used for astaxanthin production include Photo Bioreactor (PBR) and Flat Panel Airlift (FPA) reactors. Furthermore, other technologies used are open pond, closed microalgae, hybrid (a need-based combination of open pond system & flat panel photobioreactor), green technology production system energized by natural sunlight, and supercritical carbon dioxide extraction systems.

Market players are aggressively finding innovative methods to improve production for meeting the growing demand in the nutraceutical and pharmaceutical industry. For instance, an ongoing study conducted by scientists at the University of Pennsylvania has shown a route to optimize the production of astaxanthin by using a strain of E. coli. According to a study, the production rate of biomass via modified E. coli was 16 times higher than the current algae cultivation method. This reflects the industry’s ability to invest in new technologies for meeting the quality standards and demands of consumers.

Increasing research on the usage of astaxanthin products for different applications will create a new opportunity in the market. Many studies have been conducted to evaluate the potential of astaxanthin in different end-use industries. For instance, in April 2021, a study was published in MDPI related to the use of astaxanthin-based feed additives in the poultry industry. The study revealed that a moderate dose could efficiently improve egg yolk color and the general health of laying hens. Moreover, in April 2019, researchers in Japan and China investigated the use of astaxanthin on aging using a mice model and found improved dysregulation of aging-related gene expression.

The nutraceutical industry is a dynamic and evolving end-use industry that offers new opportunities to key players looking to introduce novel products. Key players are continuously conducting R&D to develop a novel product for nutraceutical applications. Companies, such as Algatech Ltd. and Cyanotech Corp., have introduced ready-to-mix and water-dispersible powder for the supplements & beverages industries. Similarly, companies are studying its applications in the pharmaceutical industry.

Companies are adopting strategies, such as new product launches and partnerships with major players in end-use industries, to increase the penetration of natural astaxanthin-based products. For instance, in March 2019, Algatech Ltd. entered into a partnership with a personal care product manufacturer for astaxanthin topical applications in the U.S. market. This initiative was anticipated to drive the commercial reach of the product in North America, thereby fueling the global market.

The market is highly competitive due to the presence of a large pool of players. Key players are adopting new technologies and producing an optimal quality of products to increase sales and gain maximum market share.

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Astaxanthin Market Report Highlights

• In 2020, natural astaxanthin accounted for the largest market share and is anticipated to maintain its dominance over the forecast period
• Microalgae is the largest natural source, which held more than 70% of the total natural astaxanthin product
• Ongoing studies to expand the use of astaxanthin products are anticipated to boost the demand in the coming years
• Based on product, dried algae meal or biomass is the largest segment and is expected to maintain its dominance over the forecast period
• Asia Pacific region is expected to experience the fastest growth over the forecast period owing to the increasing adoption of nutraceuticalsand increasing consumer disposable income in the region

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Astaxanthin Market Segmentation

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

Astaxanthin Source Outlook (Volume, Metric Tons; Revenue, USD Million, 2017 - 2028)

• Natural
  • Yeast
  • Krill/Shrimp
  • Microalgae
  • Others
• Synthetic

Astaxanthin Product Outlook (Volume, Metric Tons; Revenue, USD Million, 2017 - 2028)

• Dried Algae Meal or Biomass
• Oil
• Softgel
• Liquid
• Others

Astaxanthin Application Outlook (Volume, Metric Tons; Revenue, USD Million, 2017 - 2028)

• Nutraceuticals
• Cosmetics
• Aquaculture &Animal Feed
• Food
  • Functional Foods and Beverages
  • Other Traditional Food Manufacturing Applications
• Others

Astaxanthin Regional Outlook (Volume, Metric Tons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Astaxanthin Market

• CO2 GRO Inc. (BlueOcean NutraSciences)
• FENCHEM
• ENEOS Corporation (JXTG Nippon Oil & Energy Corporation)
• I.D. – Parry (India) Limited
• MicroA
• NextFerm
• Algalif Iceland ehf
• ALGAMO

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.

Endodontic Devices Market Significant Profits Estimated to be Generated by 2028: Grand View Research Inc.

 Endodontic Devices Market Growth & Trends

The global endodontic devices market size is expected to reach USD 2.34 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 4.2% during the forecast period. Growing dental tourism, the prevalence of dental caries, and high dental care expenditure are some of the key growth drivers. According to the American Dental Association (ADA), the U.S. dental expenditure was USD 124 billion in 2016 with an increase of 3.3% from 2015.

The role of endodontists has evolved during the past decade due to the introduction of sophisticated techniques and devices in dental practice. According to a research study published by the ADA, the number of dentists in the U.S. is projected to grow rapidly leading to increased procedures in the country.

Many factors contribute to poor oral health leading to dental decay or dental infection resulting in the need for endodontic treatment. The increase in untreated tooth decay, rising consumption of sugar, tobacco and alcohol, lack of good oral hygiene and regular dental check-ups, and a lack of fluoridation in water supplies or the use of a fluoride dentifrice, are some of the key factors driving the endodontic devices market. According to the U.S. Oral Health Division of the U.S. Department of Health & Human Services, more than 27% of adults and 20% of children have at least one untreated tooth decay.

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Endodontic Devices Market Report Highlights

• Based on the type of devices, the market is segmented into instruments and consumables. Of these, endodontic motors held the majority of market share in 2018, as it is a widely adopted device due to its procedural efficiency
• In 2018, dental hospitals held the largest market share of the end use segment. The rise in government funding and reimbursement coverage are some key factors driving the growth.
• North America held the largest endodontic devices market share in 2018 and is likely to retain its position over the forecast period, due to the rise in dental expenditure and number of dental practices
• Asia Pacific is expected to witness the fastest growth in the forthcoming years due to rising dental tourism and improving healthcare infrastructure in the region
• Some of the key market players are Danaher, Dentsply Sirona, and FKG Dentaire, among others
• Endodontic device manufacturers partner with endodontists to prepare a marketing plan to enhance their marketing efforts. The American Association of Endodontists (AAE) offers such marketing tactics to AAE members helping them gain more access to their target audience.

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

Endodontic Devices Market Segmentation

Grand View Research has segmented the global endodontic devices market based on type, end use, and region:

Endodontic Devices Type Outlook (Revenue, USD Million, 2016 - 2028)

• Instruments
  • Apex Locators
  • Endodontic Motors
  • Endodontic Scalers
  • Handpieces
  • Endodontic Lasers
  • Machine Assisted Obturation Systems
  • Others
• Endodontic Consumables
  • Access Preparation
  • Shaping and Cleaning
  • Obturation

Endodontic Devices End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Dental Hospitals
• Dental Clinics
• Dental Academic and Research Institutes

Endodontic Devices Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of the Endodontic Devices Market

• Danaher
• Dentsply Sirona
• FKG Dentaire
• Ultradent Products
• Ivoclar Vivadent
• Septodont
• COLTENE
• Micro-Mega
• Brasseler Holdings LLC
• DiaDent Group International

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.

Pediatric Dental Market to Undertake Strapping Growth By 2028

 Pediatric Dental Market Growth & Trends

The global pediatric dental market size is expected to reach USD 14.13 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.5% from 2021 to 2028. The growth is attributed to the technological advancements in pediatric dental procedures. Moreover, an increasing number of oral health disorders is expected to contribute to the growth of the market.

According to the CDC, cavities are the most common chronic diseases of children in the U.S. Untreated cavities can cause infection and pain that lead to problems with speaking, learning, eating, and playing. 1 out of 5 children aged 5 to 11 years have at least one untreated decayed tooth that needs to be treated on time. Dental sealants can prevent cavities for a long time. Application of dental sealants on the chewing surface of the back teeth prevents 80% of cavities. Thus, the treatment by dental sealants is anticipated to boost the market growth. The COVID-19 pandemic negatively affected the market growth.

The Urban Institute, in April 2021, stated many parents were delaying bringing their children to medical and dental clinics due to worries that children may be exposed to COVID-19. Parents with low-income households mostly avoided or delayed scheduling of dental appointments other than higher income. The COVID-19 pandemic negatively affected the market due to the shutdown of dental offices.

The possible application of 3D printing is still coming to light in the dental industry. The lab tool has shifted to implantology, general dentistry, prosthodontics and even to create custom devices to help dental patients with sleep apnea. This shift towards advanced treatment is anticipated to drive the market.

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Pediatric Dental Market Report Highlights

• Based on type, the primary segment accounted for the largest revenue share of more than 50.0% in 2020 owing to the growing oral health problems
• By procedure, the dental cleaning (prophylaxis) segment accounted for the largest share of over 30.0% in 2020 owing to the increasing number of dentists working in dental clinics and hospitals
• In terms of disease type, dental caries accounted for the largest share of over 35.0% in 2020 owing to the increasing dental disorders and chronic health conditions
• North America accounted for the largest share of more than 35.0% in 2020 owing to the presence of dominant market players and the high adoption rate of advanced medical technologies

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

Pediatric Dental Market Segmentation

Grand View Research has segmented the global pediatric dental market on the basis of type, disease type, procedure, and region:

Pediatric Dental Type Outlook (Revenue, USD Billion, 2016 - 2028)

• Primary
• Permanent

Pediatric Dental Disease Type Outlook (Revenue, USD Billion, 2016 - 2028)

• Dental Caries
• Enamel Disorders
• Others

Pediatric Dental Procedure Outlook (Revenue, USD Billion, 2016 - 2028)

• Pulpotomies
• Stainless Steel Crowns (SSCs)
• Tooth Colored Fillings
• Dental Cleaning (Prophylaxis)
• Others

Pediatric Dental Regional Outlook (Revenue, USD Billion, 2016 - 2028)

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

List of Key Players of Pediatric Dental Market

• 3M
• Hu-Friedy Mfg. Co., LLC (Subsidiary of Cantel Medical)
• Kinder Krowns
• Figaro Crowns, Inc.
• Acero Crowns
• Sprig Oral Health Technologies, Inc.
• Edelweiss Dentistry Products GmbH
• SML
• Cheng Crowns
• Dentsply Sirona

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.

Demand for Iron Casting Market Increasing in Most Part of World 2028

 Iron Casting Market Growth & Trends

The global iron casting market size is expected to reach USD 136.55 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.1% over the forecast period. The recent outbreak of COVID-19 has had a significant impact on the iron casting demand, which has hindered market growth.

The decline in growth and production of the European automotive industry owing to the COVID-19 pandemic has affected the demand for iron casting and its raw materials. To recover from their losses, European countries have allocated stimulus packages to revive the economy and several industries, such as automotive. For instance, in September 2020, the France government announced around USD 118.3 billion to reduce the economic impact of the pandemic.

The automotive industry is anticipated to benefit the overall market in the long term, but its growth was majorly affected in the first half of 2020 in North America. The auto plants resumed their operations in the U.S. and Canada in mid-May 2020; however, most players in Mexico did not resume operations even by the end of May 2020. Auto plants in Mexico operated at minimal capacity, which impacted the trade supply among the North American countries.

Asia Pacific was also majorly impacted due to the pandemic. However, the countries are reporting quick recovery, especially China. The rapid growth in the construction & infrastructural projects in the region is expected to spur the product demand for applications in pipes & fittings. In addition, the growth of the automotive industry from the second quarter of 2020 onwards is expected to boost the product demand.

Automotive and machinery & tools were the largest application segments in 2020. Other applications, such as pipes & fittings, pots & utensils, shipbuilding, electronic equipment, wind turbine, tractors, heavy-duty vehicles, agriculture, textile, and paper, are also projected to witness significant growth over the coming years.

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Iron Casting Market Report Highlights

• The gray iron product segment led the market in 2020 and will expand at the fastest CAGR from 2021 to 2028
• Properties of gray iron, such as good resistance, machinability, and high compressive strength, are projected to boost its demand
• The railways application segment is projected to register the fastest CAGR over the forecast period
• The growth is likely to be driven by the focus of various governments to improve their country’s transportation infrastructure
• Asia Pacific was the largest regional market in 2020. The region is characterized by rising industrial production and the presence of some of the fastest-growing economies, such as China and India
• Key companies are focusing on maintaining and improving their market share with various organic and inorganic strategies
• Companies are likely to observe growing sales over the next few years owing to the rising prices of raw materials

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Iron Casting Market Segmentation

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

Iron Casting Product Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2028)

• Gray
• Ductile
• Malleable

Iron Casting Application Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2028)

• Automotive
• Machinery & Tools
• Pipes & Fittings
• Railways
• Power Generation
• Others

Iron Casting Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • Italy
  • UK.
  • France
  • Russia
  • Turkey
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa (MEA)
  • South Africa

List of Key Players of Iron Casting Market

• Hitachi Metals, Ltd.
• Brakes India Private Ltd.
• Dandong Foundry
• GIS
• OSCO Industries, Inc.
• Chamberlin plc
• Crescent Foundry
• Xinxing Ductile Iron Pipes Co. Ltd.
• Jinan Meide Casting Co Ltd.
• Tianjin New Wei San Industrial 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.

Glutamic Acid Market Plying for Significant Growth During 2021-2028: Grand View Research Inc.

 Glutamic Acid Market Growth & Trends 

The global glutamic acid market size is expected to reach USD 17.16 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.6% from 2021 to 2028. Glutamic acid is widely used in dietary supplements owing to its ability to build protein building blocks and help to detoxify the body. The market is projected to witness significant growth over the forecast period owing to the increasing global demand for animal feed, coupled with the surging use of food additives and food enhancers in the industry.

The prices of glutamic acid vary as per grade. Strong demand for the product in the animal feed and food and beverage industries has increased the price of glutamic acid. Moreover, disturbance caused by the COVID-19 pandemic in the raw material supply chain is another factor behind the increasing prices of glutamic acid. In the year 2019, Evonik Industries AG has increased the prices of its glutamic acid products at the global level by 15% due to the escalating cost of required raw materials.

Manufacturers compete based on distribution channels and strive to expand their market reach to increase their market share and bolster the annual revenue. The companies also compete on the basis of profit margins due to their high dependence on the distribution network for sales, thus leading to high entry barriers for the market. Glutamic acid manufacturers focus on improving their products and enhancing their manufacturing capabilities to distinguish their products from the products of other manufacturers in the industry and enhance their market share.

In 2020, Asia Pacific accounted for the largest revenue share of over 50.0%. The market growth is credited to the increasing purchasing power of the consumers, the growing adoption of a healthy lifestyle, and the expansion of the end-use industries, such as animal feed, pharmaceutical, cosmetics and personal care, and food and beverage. The demand for animal feed in countries such as India and China is projected to grow due to the presence of an abundant livestock population.

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Glutamic Acid Market Report Highlights

• In 2020, the food and beverages application segment held the largest revenue share of over 80.0%. The globally increasing popularity of convenience products and ready-to-drink beverages is expected to drive the demand for glutamic acid in the food and beverages application
• The pharmaceuticals segment was the second-largest application segment in 2020 and is projected to expand at the highest revenue-based CAGR of 8.0% from 2021 to 2028 owing to the application of glutamic acid in treating various diseases, such as epilepsy, muscular dystrophy, neurotransmission imbalances, and cognitive and behavioral problems
• Asia Pacific is anticipated to expand at the highest revenue-based CAGR over the forecast period. China has been the world’s largest consumer market for food and beverages over the past few years, making it highly appealing for foreign brands and players in the food and beverage industry
• North America emerged as the second-largest regional segment in 2020. The growing aging population and rising cases of non-communicable diseases, such as cancer, cardiovascular diseases, and chronic respiratory diseases, are fueling the demand for pharmaceutical products, including dietary supplements, in the region

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Glutamic Acid Market Segmentation

Grand View Research has segmented the glutamic acid market report on the basis of application and region:

Glutamic Acid Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Food & Beverages
• Pharmaceuticals
• Animal Feed
• Others

Glutamic Acid Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Glutamic Acid Market

• Ajinomoto Co., Inc.
• Akzo Nobel N.V.
• Evonik Industries AG
• Sichuan Tongsheng Amino acid Co., Ltd.
• KYOWA HAKKO BIO CO., LTD.
• Ottokemi
• Hefei TNJ Chemical Industry Co., Ltd.
• Suzhou Yuanfang Chemical Co., Ltd.
• Global Bio-chem Technology Group Company Limited
• Ningxia Yipin Biological Technology Co., Ltd.

About Grand View Research

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

U.S. Mass Notification Systems Market Estimated to Experience a Hike in Growth by 2028: Grand View Research Inc.

 U.S. Mass Notification Systems Market Growth & Trends

The U.S. mass notification systems market size is estimated to reach USD 4.43 billion by 2028, expanding at a CAGR of 14.1% from 2021 to 2028, according to a new study by Grand View Research, Inc. The increasing adoption of technology by educational institutions could contribute to the growth of the Mass Notification System (MNS) market in the U.S. The lack of regulations concerning mass notification systems is expected to hinder the market growth over the forecast period.

The strong emphasis of government agencies and organizations on ensuring public security and safety, data security, and privacy is expected to drive the growth of the market over the forecast period. Market vendors are also focusing on developing innovative solutions to address public safety issues. For instance, in September 2016, Regroup Mass Notification, a mass notification technology provider, partnered with CivicPlus, a leading software provider, to enhance the CivicReady emergency and mass notification solution to provide reliable, quick, and secure mass communication systems during unprecedented situations.

The COVID-19 pandemic is expected to accelerate the digital transformation initiatives of businesses worldwide, as they are forced to face their vulnerabilities and weaknesses. The pandemic compelled organizations across several industries to temporarily stall spending on new automation initiatives. However, this spending is expected to slowly gain momentum from 2021 onward.

Product differentiation and the launch of new products are anticipated to help market players grow. In November 2019, OnSolve announced the launch of Send Word Now Weather & Events, a new severe weather, and civil emergency events notification system. The system was designed to allow international companies to automate the provision of real-time location notifications to their employees about severe weather and civil emergencies. In September 2019, OnSolve introduced EventStream, which allows organizations to manage the entire scope of connectivity crises such as cyber-strike, supply chain disruption, severe weather, and IT problems.

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U.S. Mass Notification Systems Market Report Highlights

• The software segment is expected to gain traction over the forecast period. The increasing adoption of Artificial Intelligence (AI) and cloud-based services for notification systems is expected to boost the demand for associated software
• The SME segment is anticipated to register considerable growth over the forecast period in the organization size segment. Benefits such as easy deployment and simple interfaces are driving the demand for a mass notification system among SMEs
• In terms of deployment, the cloud segment is anticipated to register the highest growth rate over the forecast period. The key growth factor is, it helps in increasing flexibility and enable enterprises to customize products and services on a large scale
• In terms of application, the integrated public alert and warning segment is expected to register considerable growth over the forecast period. The application has increased its demand due to its improved skills to draft more appropriate, practical, accessible alert and warning messages and create awareness
• In terms of vertical, the healthcare and life sciences segment is projected to gain traction over the forecast period. The involvement of mass notification systems in different form and functions such as the multi-channel feature that guarantee that the messages and alerts are delivered across several platforms and devices with the use of analytics
• In terms of solution, the distributed recipient solution segment is anticipated to register the highest CAGR from 2021 to 2028. The growth can be attributed to the benefits, such as it gives comprehensible voice communications and visible signals at a greater range

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U.S. Mass Notification Systems Market Segmentation

Grand View Research has segmented the U.S. mass notification system market based on component, organization size, solution, deployment, application, and vertical:

U.S. Mass Notification System Component Outlook (Revenue, USD Million, 2018 - 2028)

• Hardware
• Software
• Services

U.S. Mass Notification System Organization Size Outlook (Revenue, USD Million, 2018 - 2028)

• Small & Medium Enterprise (SME)
• Large Enterprise

U.S. Mass Notification System Solution Outlook (Revenue, USD Million, 2018 - 2028)

• Wide-area Solution
• In-building Solution
• Distributed Recipient Solutions

U.S. Mass Notification System Deployment Outlook (Revenue, USD Million, 2018 - 2028)

• Cloud
• On-premise

U.S. Mass Notification System Application Outlook (Revenue, USD Million, 2018 - 2028)

• Integrated Public Alert & Warning
• Interoperable Emergency Communication
• Business Continuity & Disaster Recovery

U.S. Mass Notification System Vertical Outlook (Revenue, USD Million, 2018 - 2028)

• Corporate
• Education
• Energy & Utilities
• Healthcare & Life Sciences
• Aerospace & Defense
• Government
• Others

List of Key Players in the U.S. Mass Notification Systems Market

• Blackberry Ltd.
• Eaton
• Honeywell International Inc.
• Motorola Solutions Inc.
• OnSolve
• Blackboard Inc.
• Everbridge Inc.
• Desktop Alert Inc.
• Singlewire Software LLC
• HipLink

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 Extracorporeal Shock Wave Lithotripsy Market Competitive Insight and Key Drivers 2021 to 2028: Grand View Research Inc.

 Chile Extracorporeal Shock Wave Lithotripsy Market Growth & Trends

The Chile extracorporeal shock wave lithotripsy market size is expected to reach USD 3.45 million by 2028, registering a CAGR of 5.9% over the forecast period, according to a new report by Grand View Research, Inc. Increasing risk factors that cause kidney stones and growing preference of patients for minimally invasive procedures coupled with technological advancements are contributing to the market growth. The rising cases of obesity and lifestyle-related diseases are also predicted to contribute to market growth.

Extracorporeal shock wave lithotripsy (ESWL) is a safe and effective method of delivering shock waves for the treatment of stones and physicians around the world generally utilize this technique as it involves less pain, requires low recovery time & a shorter hospital stay, and is non-invasiveness. The COVID-19 pandemic had a significant effect on the healthcare market. During the first wave of COVID-19, the lockdown and restrictions on gathering had a direct impact on productivity. The production units, on the other hand, began reopening in the third quarter of 2020.

The adoption of ESWL is also affected by the factors, such as limitations associated with ESWL and the presence of alternative treatment options. FONASA, Chile’s government-run health insurance scheme, covers 78% of the country’s population. As a result, Chile’s National Health System (SNSS - Sistema Nacional de Servicios de Salud) is the country’s largest buyer. The market is projected to experience a growth spike as the Piera administration continues to implement its hospital infrastructure plan.

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Chile Extracorporeal Shock Wave Lithotripsy Market Report Highlights

• The Electrohydraulic Lithotripters (EHL) segment held the largest revenue share in 2020. EHL is portable, efficient, and relatively inexpensive which drive its demand
• The piezoelectric lithotripters segment is anticipated to witness the largest CAGR over the forecast period
• In terms of revenue share, the kidney stone application segment led the market in 2020 owing to increased cases of the disease and its risk factors
• The pancreatic stone segment is predicted to have substantial growth due to the rising demand for technologically improved minimally invasive equipment
• In terms of end use, the hospital segment dominated the market accounting for the maximum revenue share of the global ESWL market in 2020 owing to the availability of technologically advanced infrastructure and medical equipment in hospitals

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Chile Extracorporeal Shock Wave Lithotripsy Market Segmentation

Grand View Research has segmented the Chile extracorporeal shock wave lithotripsy market based on technology, application, and end-use:

Chile ESWL Technology Outlook (Revenue, USD Million, 2016 - 2028)

• Electromagnetic
• Electrohydraulic
• Piezoelectric

Chile ESWL Application Outlook (Revenue, USD Million, 2016 - 2028)

• Kidney Stone
• Pancreatic Stone
• Salivary Stone
• Other

Chile ESWL End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospital
• Clinic
• Other

List of Key Players of Chile Extracorporeal Shock Wave Lithotripsy Market

• Boston Scientific Corp.
• Becton, Dickinson and Company
• Cook Medical
• Siemens Healthcare GmbH
• Lumenis
• Olympus
• Dornier MedTech
• Karl Storz Lithotripsy-America, Inc.
• MTS Medical

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.

Automotive Exhaust Systems Market to Expand at a CAGR of 6.2% Through 2028: Grand View Research Inc.

 Automotive Exhaust Systems Market Growth & Trends

The global automotive exhaust systems market size is expected to reach USD 68.45 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.2% from 2021 to 2028. Stringent government regulations associated with vehicle emissions coupled with the increasing penetration of after-treatment devices are anticipated to drive the demand for automotive exhaust systems. Moreover, the increasing sales of passenger cars and commercial vehicles along with the growing demand for lightweight emission systems are expected to create significant opportunities for players operating across the value chain of the market.

Automotive OEMs are working on several aspects, such as new and lightweight materials, drivetrain (engine/transmission) efficiency, and aerodynamic design, to reduce the vehicular weight. Conventional exhaust systems and their components are manufactured using materials such as stainless steel, cast iron, and mild steel/carbon steel. However, several automotive OEMs, exhaust system manufacturers, and other companies are working to provide lightweight products made from composite metals with high-temperature resistance. For instance, Tenneco Inc. offers lightweight compact systems and lightweight after-treatment and dosing systems to improve the fuel economy and thermal management of the exhaust system and overall vehicle.

The outbreak of the COVID-19 pandemic hampered the overall business scenario in 2020, and the economy is expected to continue experiencing its aftermath over the next few years. Supply chains were disrupted and production was suspended temporarily at several production facilities because of the lockdowns and restrictions imposed in various parts of the world. Subsequently, shipments got delayed and production volumes plummeted, thereby affecting the overall automotive production. As a result of the pandemic, several companies and exhaust system manufacturers confronted a year-on-year decline in unit volumes and revenues. For instance, Eberspacher, a prominent market player in the exhaust system market, witnessed a decline in the Exhaust Technology business segment revenue. The company's exhaust technology sales decreased by 0.4% year-over-year to USD 6,033.1 million in 2020 compared to USD 6,099.46 million in 2019.

In 2020, Asia Pacific captured around 60% of the automotive exhaust systems demand and is estimated to register a CAGR of around 7.0% over the forecast period. This share is attributed to the increasing production and sales of passenger cars and commercial vehicles in emerging economies such as India and China. China has been the largest automotive manufacturer in the world since 2008. The country's automotive production annual volumes are greater than the volumes of the European Union (EU). India is the fifth-largest automotive manufacturing country in the world. The Indian market is estimated to expand at the highest CAGR over the forecast period as the Indian government is taking several initiatives to develop the automotive sector in the country. The Automotive Mission Plan 2016-2026 is a joint initiative by the Indian Automotive Manufacturers and the government to plan a roadmap for developing the automotive sector in the country.

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Automotive Exhaust Systems Market Report Highlights

• In terms of component, the muffler segment is estimated to register the highest CAGR of over7% from 2021 to 2028 owing to the increasing demand for dual-exhaust muffler systems in mid-sized and luxury vehicles
• In terms of fuel type, the gasoline segment emerged as the largest segment in 2020 and is anticipated to retain its dominance over the forecast period
• In terms of vehicle type, the commercial vehicles segment is projected to expand at the highest CAGR of around 7.5% over the forecast period due to increasing demand for commercial vehicles across the transportation and logistics sectors
• Asia Pacific emerged as the largest regional market for automotive exhaust systems in 2020 and is anticipated to retain its dominance over the forecast period

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Automotive Exhaust Systems Market Segmentation

Grand View Research has segmented the global automotive exhaust systems market based on component, fuel type, vehicle type, and region:

Automotive Exhaust Systems Component Outlook (Value, USD Million, 2016 - 2028)

• Exhaust Manifold
• Muffler
• Catalytic Converter
• Oxygen Sensor
• Exhaust Pipes

Automotive Exhaust Systems Fuel Type Outlook (Value, USD Million, 2016 - 2028)

• Gasoline
• Diesel

Automotive Exhaust Systems Vehicle Type Outlook (Value, USD Million, 2016 - 2028)

• Passenger Car
• Commercial Vehicles

Automotive Exhaust Systems Regional Outlook (Value, USD Million, 2016 - 2028)

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

List of Key Players in the Automotive Exhaust Systems Market

• BENTELER International
• Bosal
• Continental AG
• Eberspacher
• Faurecia
• FUTABA INDUSTRIAL CO., LTD.
• Friedrich Boysen
• Sejong Industrial Co., Ltd.
• Tenneco Inc.
• Yutaka Giken Company Limited

About Grand View Research

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

Expansion of Micro Computed Tomography Market During 2021 – 2028 to Gain Robust Traction: Grand View Research Inc.

 Micro Computed Tomography Market Growth & Trends

The global micro computed tomography market size is expected to reach USD 327.7 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.9% from 2021 to 2028. A growing number of applications and a significant demand for technologically advanced three-dimensional imaging technologies are driving the market for micro computed tomography (CT). In addition, the increasing use of micro-CT in research is expected to boost the market growth.

Micro-CT can be used to examine the internal structure of both material and biological materials without cutting them and preserving the samples or specimens for future research. Micro-CT scanning's unique properties enable scientists to examine a sample's morphology Micro-CT is used to research bone, teeth, tissue/organs, animal anatomy, plants, food, composite materials, medical devices, batteries, and other areas. Both in vivo and ex vivo scanning modes are available with these scanners.

Technological developments are likely to contribute to market expansion, such as faster performance, high resolution, and reduce time and labor. For instance, In February 2019, the new SKYSCANTM 1273 benchtop 3D X-ray microscope was introduced by Bruker. The SKYSCAN 1273 establishes a new benchmark for benchtop non-destructive testing (NDT), delivering performance previously only available from floor-standing devices. Furthermore, EUREKA-funded project Xamflow has developed a new software tool that makes micro-CT examinations more efficient and less labor-intensive than before.

Micro-CT imaging is bringing up endless opportunities in a variety of fields. During the forecast period, the increased demand for micro-CT in research and development activities is expected to enhance product demand. However, this system is heavily reliant on complicated computer hardware and software, and it may have frequent technical failures, demanding ongoing personnel training, which may limit the market's growth.

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Micro Computed Tomography Market Report Highlights

• By product, the ex-vivo micro CT segment dominated the market in 2020 and is further expected to continue its dominance throughout the forecast period
• In terms of application, the life sciences segment held the largest revenue share in 2020 owing to the high-resolution structural imaging and nanomechanical measurements provided by the micro-CT
• The dentistry segment is expected to experience the fastest growth rate during the forecast period since micro-CT has a wide range of applications in dentistry, from dental research to treatment
• North America dominated the market for micro-CT and accounted for the largest revenue share in 2020
• Asia Pacific is anticipated to witness the fastest CAGR of around 8.8% over the forecast period due to the presence of untapped opportunities in the emerging economies in China and India

Access Press Release@ https://www.grandviewresearch.com/press-release/global-micro-computed-tomography-market

Micro Computed Tomography Market Segmentation

Grand View Research has segmented the global micro computed tomography market based on product, application, and region:

Micro Computed Tomography Product Outlook (Revenue, USD Million, 2016 - 2028)

• In-vivo
• Ex-vivo

Micro Computed Tomography Application Outlook (Revenue, USD Million, 2016 - 2028)

• Life Sciences
• Bones
• Dentistry
• Plants and Food
• Material Science
• Geology/Oil and Gas Geology

Micro Computed Tomography Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Micro Computed Tomography (CT) Market

• Bruker Corporation
• PerkinElmer
• Thermo Fisher Scientific
• Zeiss
• NeoScan
• Sanying Precision Instruments Co.Ltd
• North Star Imaging Inc
• SCANCO Medical AG
• TESCAN

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.