U.S. Cancer Biopsy Market Predicted to Witness Steady Growth During the Forecast Period

 U.S. Cancer Biopsy Market Growth & Trends

The U.S. cancer biopsy market size is expected to reach USD 15.98 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 11.0% from 2021 to 2028. The increasing usage of technologically advanced devices for the early detection of diseases is one of the key factors driving the market.

A significant transaction from tumor to liquid biopsy is anticipated to increase the adoption of this technique in the market. Acknowledging this trend, several operating entities have undertaken various initiatives to expand their biopsy kits portfolio. For instance, in June 2021, Biocept, Inc. and Quest Diagnostics collaborated to offer NGS-based liquid biopsy testing for lung cancer diagnosis.

Furthermore, supportive regulatory and reimbursement scenarios in the country have supplemented the market growth. The U.S. FDA is actively engaged in supporting the commercialization of cancer biopsy products and increasing the use of these assays in clinics. For instance, in March 2021, the U.S. FDA granted a breakthrough device designation to RaDaR-a liquid biopsy assay to detect minimal residual disease in early-stage cancer.

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U.S. Cancer Biopsy Market Report Highlights

• The fine-needle aspiration type segment accounted for the largest revenue share in 2020 owing to it being a well-established approach for the initial diagnosis of most of the body lesions. Among various biopsy techniques, fine-needle aspiration has witnessed significant popularity in diagnostics
• By type, the others segment is expected to expand at the fastest CAGR of 15.2% from 2021 to 2028. Liquid biopsies are anticipated to witness considerable growth over the forecast period due to the advancements and increasing regulatory approvals in the U.S.
• Screening and monitoring emerged as a dominant application segment in 2020. Follow-up or repeat biopsy procedures are fueling the growth of this segment
• Key players are collaborating with biopharma developers to support their product development process

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U.S. Cancer Biopsy Market Segmentation

Grand View Research has segmented the U.S. cancer biopsy market on the basis of type, application, and site (organ):

U.S. Cancer Biopsy Type Outlook (Revenue, USD Million, 2017 - 2028)

• Fine-needle Aspiration
  • Pharma-use
  • Clinical-use
• Core Biopsy
  • Pharma-use
  • Clinical-use
• Surgical Biopsy
  • Pharma-use
  • Clinical-use
• Skin Biopsy /Punch Biopsy
  • Pharma-use
  • Clinical-use
• Others
  • Pharma-use
  • Clinical-use

U.S. Cancer Biopsy Application Outlook (Revenue, USD Million, 2017 - 2028)

• Screening & Monitoring
• Diagnostics
• Investigational & Translational Research
• Pharma & Biopharma Discovery & Development

U.S. Cancer Biopsy Site (Organ) Outlook (Revenue, USD Million, 2017 - 2028)

• Liver
• Breast
• Thyroid
• Prostate Gland
• Uterus & Cervix
• Kidney
• Bladder
• Lungs
• Pancreas
• Others

List of Key Players of U.S. Cancer Biopsy Market

• Becton, Dickinson and Company
• IZI Medical Products
• Johnson & Johnson
• Argon Medical
• Cook Medical
• Spectra Medical Devices, Inc.
• Medtronic plc.
• Boston Scientific Corporation
• Conmed Corporation
• INRAD, 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.

Expansion of Joint Replacement Market During 2021 – 2028 to Gain Robust Traction: Grand View Research Inc.

 Joint Replacement Market Growth & Trends

The global joint replacement market size is expected to reach USD 25.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.4% from 2021 to 2028. The growing incidence of orthopedic diseases and the increasing number of the target population are boosting the market growth.

According to the Centers for Disease Control and Prevention, 1 in every 4 adults in the U.S. is suffering from arthritis in 2019. In addition, it is projected that by 2040, approximately 78 million of the U.S. adult citizens aged 18 years or older will suffer from arthritis diagnosed by doctors. This upsurge in the number of patients suffering from arthritis is increasing the number of joint replacement surgeries.

Moreover, the increasing demand for minimally invasive joint replacement operations is likely to propel the market over the forecast period. In addition, growing awareness about day surgeries, increasing healthcare reimbursement, and rapid adoption of advanced technologies are some of the key factors expected to contribute to market growth over the coming years. The COVID 19 had negatively impacted the market in 2020. However, it started recovering during the third quarter of 2020 and is expected to pace up in the coming years.

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Joint Replacement Market Report Highlights

• The knee replacement was the largest revenue-generating segment of the market in 2020. This contribution is mainly because of the increased demand for these surgeries and continuous technological advancements
• The cemented fixation segment dominated the market and accounted for the largest revenue share of over 49.0% in 2020. The associated advantages such as its low revision rate, better acceptance, lesser hospital stay among others are boosting segment growth
• The total replacement segment held the largest revenue share of over 64.0% in 2020. The growth can be attributed to the increased number of this kind of surgery and continuous technological advancements by the leading industry players
• The hospitals held the largest revenue share in 2020. The growth can be attributed to advanced treatment options and a large number of patient footfalls
• North America dominated the market in the year 2020. The growing target population and favorable reimbursement policies along with the advanced healthcare infrastructure are anticipated to contribute to market growth

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Joint Replacement Market Segmentation

Grand View Research has segmented the global joint replacement market on the basis of product, fixation type, end-use, procedure, and region:

Joint Replacement Product Outlook (Revenue, USD Million, 2016 - 2028)

• Knees
• Hips
• Extremities
  • Upper
  • Lower

Joint Replacement Fixation Type Outlook (Revenue, USD Million, 2016 - 2028)

• Cemented
• Cementless
• Hybrid
• Reverse Hybrid

Joint Replacement End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Orthopedic Clinics
• Others

Joint Replacement Procedure Outlook (Revenue, USD Million, 2016 - 2028)

• Total Replacement
• Partial Replacement
• Others

Joint Replacement Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Joint Replacement Market

• Johnson & Johnson Services, Inc. (DePuy Synthes)
• Stryker
• Zimmer Biomet
• Smith+Nephew
• DJO, LLC
• Arthrex, Inc.
• Exactech, Inc.
• Conformis
• MicroPort Orthopedics
• Corin Group

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.

Zero Trust Security Market Poised to Expand at a Robust Pace of USD 59.43 Billion Over 2028: Grand View Research Inc.

 Zero Trust Security Market Growth & Trends

The global zero trust security market size is expected to reach USD 59.43 billion by 2028, registering a CAGR of 15.2% from 2021 to 2028, according to a new study conducted by Grand View Research, Inc. The market is driven by the need to protect enterprise digital environments by averting lateral movement, leveraging network segmentation, simplifying granular user-access control, and implementing layer 7 threat prevention. The robust solutions for implementing a zero-trust security environment ensure the protection of computers, programs, and networks from unauthorized access. Moreover, preventing unwarranted access to critical data, as the adoption of technologies, such as cloud computing, Wi-Fi, and Internet of Things (IoT), coupled with outsourcing service, is increasing, is driving the growth of the market. The COVID-19 pandemic has further acted as a catalyst for market growth with enterprises investing in securing their networks, endpoints, and IT infrastructure with a zero-trust security framework.

The threat to digitally stored information from unauthorized access is also driven by changing technological landscape. While technology revolutionizes a business process, it also creates vulnerabilities in online protected data. In addition, while internet connectivity improves the operational task of the business by speeding up the process and improving accessibility, the risk of cyber attacks also increases rapidly. Moreover, the rapid expansion of operational data exposed to cyber adversaries through mobile, other edge devices, and IOT and the dependence of companies on third-party vendors and service providers are some of the prevailing supply chain trends increasing the risk of cyberattacks to access information. Therefore, the implementation of a security solution ensures a zero-trust security environment in the organization to mitigate the risks arising from various business activities and internet connectivity.

The application of the zero trust model is parallel to the concept of cybersecurity as it focuses on preventing intrusion by securing the digital network. Several countries across the world introduced laws to prevent cybercrime and data theft, which is vital for safeguarding the BFSI, IT, telecom, defense, and healthcare, other major sectors. The increasing internal and external threat of unauthorized data accessibility and cybercrime due to the political and personal interest of hackers or intruders for earning easy money further pressurizes governments to update their policies regularly. For instance, China updated its cyber policy on December 1, 2019, which instructs both Chinese and foreign public as well as private companies and organizations to secure their networks. The cyber law in the U.S. varies based on the business sector and includes Health Insurance Portability and Accountability Act, 2002 (HIPAA); Homeland Security Act that also includes Federal Information Security Management Act (FISMA), and 1996 Gramm-Leach-Billey Act. Such cyber laws further necessitate the need to secure networking structure and boost the demand for authentication and cyber-solution that ensures a zero-trust security environment.

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Zero Trust Security Market Report Highlights

• The Small and Medium Enterprises (SMEs) segment is anticipated to witness the fastest CAGR over the forecast period owing to increasing awareness and threat of unauthorized access during cyber attacks
• The multi-factor authentication segment led the global market in 2020 and will expand further at the fastest CAGR from 2021 to 2028
• The growth can be attributed to the need to overcome the challenges of revenue loss and data loss risks in the era of confidential and vulnerable data, as multi-factor authentication presents multiple layers of identity verification to grant access to an authorized individual
• North America led the global market in 2020 and will remain dominant even during the forecast years
• The growth is credited to the high-security investment from the large enterprises across the regional industries, such as BFSI, that are at constant risk of cyber attacks as well as internal fraudsters

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Zero Trust Security Market Segmentation

Grand View Research has segmented the global zero trust security market on the basis of security type, deployment, organization size, authentication, application area, and region:

Zero Trust Security Type Outlook (Revenue, USD Million, 2017 - 2028)

• Network
• Data
• Endpoint
• Cloud
• Others

Zero Trust Security Deployment Outlook (Revenue, USD Million, 2017 - 2028)

• On-premises
• Cloud

Zero Trust Security Organization Size Outlook (Revenue, USD Million, 2017 - 2028)

• SMEs
• Large Enterprise

Zero Trust Security Authentication Outlook (Revenue, USD Million, 2017 – 2028)

• Single-factor Authentication
• Multi-factor Authentication

Zero Trust Security Application Area Outlook (Revenue, USD Million, 2017 - 2028)

• IT & Telecom
• BFSI
• Healthcare
• Retail
• Others

Zero Trust Security Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• MEA

List of Key Players of Zero Trust Security Market

• Cisco Systems, Inc.
• Akamai Technologies
• Palo Alto Networks
• Check Point Software Technologies
• Trend Micro, Inc.
• IBM Corp.
• Symantec Corp.
• FireEye, Inc.
• McAfee Corp.
• Forcepoint
• Microsoft Corp.
• VMWare, Inc.
• Fortinet
• Cloudflare, Inc.
• SonicWall

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.

North America Deck Design Software Market Trends, Growth Prospects To 2028: Grand View Research Inc.

 North America Deck Design Software Market Growth & Trends

The North America deck design software market size is expected to reach USD 235.3 million by 2028, according to the new study conducted by Grand View Research, Inc. It is expected to expand at a CAGR of 13.0% from 2021 to 2028. Deck design software provides a certain degree of automation to architects/designers, allowing them to create detailed floor plans more easily. In comparison to hand-drafting a building design, deck design saves time and cost, subsequently creating market demand.

Investments in the real-estate sector have created ample opportunities for the implementation of deck design software. Furthermore, the pre-built templates and visualizations offered by the software favor its demand among real-estate developers. For instance, Fiberon’s Discovery Deck Designer features installation checklists and information about local Fiberon retailers and contractors to help users customize their deck designs easily.

Over the last few years, landscaping has gained prominence among Americans, paving the way for the larger implementation of these solutions. The COVID-19 pandemic has been fairly instrumental in piquing consumer interest in remodeling outdoor spaces with WFH being the new norm. Trends such as these are expected to create healthy opportunities for developers in the deck design industry.

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North America Deck Design Software Market Report Highlights

• By deployment, the cloud segment is anticipated to register the highest CAGR of 13.8% over the forecast period. The popularity of the cloud segment is on the rise due to the plethora of benefits the technology offers in terms of cost and flexibility. Moreover, advancements in the field of cloud security are encouraging users to shift from the on-premise to cloud-based deployment model
• In terms of end use, the remodelers segment is expected to witness the fastest growth over the forecast period. A rise in the number of renovation projects is one of the primary factors contributing to the segment growth
• Based on application, the residential sector held the largest share of over 55.0% in 2020. The sudden shift to a WFH model during the COVID-19 pandemic has further driven investments in outdoor space remodeling in the region, subsequently favoring the demand for deck design software
• In North America, the U.S. held the largest share of over 85.0% in 2020. The dominant position of the U.S. in the North American market can be ascribed to the increased spending on real-estate construction, combined with the growing popularity of decks across households

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North America Deck Design Software Market Segmentation

Grand View Research has segmented the North America deck design software market on the basis of deployment, end use, application, and country:

North America Deck Design Software Deployment Outlook (Revenue, USD Million, 2017 - 2028)

• On-premise
• Cloud

North America Deck Design Software End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Architect & Builders
• Remodelers
• Interior Designers
• Others

North America Deck Design Software Application Outlook (Revenue, USD Million, 2017 - 2028)

• Residential
• Commercial

North America Deck Design Software Country Outlook (Revenue, USD Million, 2017 - 2028)

• US.
• Canada

List of Key Players of North America Deck Design Software Market

• AZEK Building Products (TimberTech)
• Chief Architect, Inc.
• Delta Software International LLC (CAD Pro)
• Fiberon
• Lowe’s
• Luxwood Software Tools
• MiTek Inc.
• Simpson Strong-Tie Company, Inc.
• SmartDraw, LLC
• Trex Company, 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.

Centrifugal Blood Pumps Market Revenue is Expected to Reach USD 126.7 Million by 2028: Grand View Research Inc.

 Centrifugal Blood Pumps Market Growth & Trends

The global centrifugal blood pumps market size is estimated to reach USD 126.7 million by 2028, registering a CAGR of 5.4% over the forecast period, according to a new report by Grand View Research, Inc. Demand for centrifugal blood pumps is increasing owing to its several advantages such as low maintenance costs, small in size, and less capital investment. Thus, such advantages offered by centrifugal blood pumps are estimated to fuel the market growth during the forecast period.

Growing clinical experience and cardiotomy suction devices have led to a significant increase in usage of mechanical centrifugal blood pumps and to the improvement of outcomes after short and long-term support. As the interventional methods in the cardiovascular field continue to develop and a majority of critically ill patients undergo treatment, the demand for mechanical centrifugal blood pumps is increasing drastically in this field.

Changing lifestyles and an increase in the prevalence of lifestyle-associated diseases are also expected to contribute to market growth. The increasing prevalence of diseases such as diabetes, obesity, and cardiovascular diseases coupled with the rising number of geriatric population are fueling the demand for cardiovascular procedures. Treatment of such diseases involves the use of cardiotomy suction devices, which, in turn, is expected to drive the market over the forecast period.

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Centrifugal Blood Pumps Market Report Highlights

• The electronic segment held the largest revenue share in 2020. High product efficacy is a major factor augmenting segment growth
• The hospitals segment is predicted to grow at the fastest growth rate over the forecast timeframe due to the increasing number of patient visits and advanced infrastructure in hospitals as compared to other healthcare facilities
• North America held the largest revenue share in the market in 2020 and is predicted to maintain its dominance over the forecast period. This is attributable to strong per capita healthcare spending and favorable healthcare policies that have led to the introduction of cardiotomy suction devices

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Centrifugal Blood Pumps Market Segmentation

Grand View Research has segmented the global centrifugal blood pumps market on the basis of type, end use, and region:

Centrifugal Blood Pumps Type Outlook (Revenue, USD Million, 2016 - 2028)

• Electronic
• Mechanical

Centrifugal Blood Pumps End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Ambulatory Surgical Centers
• Specialty Clinics
• Others

Centrifugal Blood Pumps 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
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players of Centrifugal Blood Pumps Market

• Medtronic
• LivaNovaplc
• Qura srl
• Abbott Laboratories
• Terumo Corporation
• Braille Biomedica Ltd.
• Getinge AB
• 3M
• Baxter 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.

MiRNA Sequencing And Assay Market Is Projected To Reach Approximately USD 597.8 Million By 2028: Grand View Research Inc.

 miRNA Sequencing And Assay Market Growth & Trends 

The global miRNA sequencing and assay market size is expected to reach USD 597.8 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 13.0% from 2021 to 2028. Prominent players, such as Illumina, PerkinElmer, Qiagen, and others offer advanced miRNA sequencing products for multiple clinical applications. Moreover, these companies have collaborated with research institutes to expand the application of miRNA sequencing and assay in research studies.

The market holds a significant growth potential owing to the increasing application of miRNA sequencing and assay in the healthcare industry. For instance, several research studies demonstrate that miRNAs can be used as efficient biomarkers in the diagnosis and prognosis of cancer (breast, ovarian, cervical, and others), cardiovascular diseases, sepsis, and nervous system disorders. Therefore, miRNA sequence analysis is increasingly employed to analyze gene regulation in clinical disorders.

As plasma from COVID-19 recovered patients is rich in antiviral miRNAs and antibodies, it has been employed to treat SARS-CoV-2 infected patients. This has led to an increase in research studies that focus on the sequence analysis of miRNAs (microRNA) from the patient as well as the virus.

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miRNA Sequencing And Assay Market Report Highlights

• The product segment dominated the market and accounted for the largest revenue share in 2020. The commercial presence of multiple players that offer extensive kits, consumables, and instruments for specialized applications contribute to segment growth
• Small and mid-sized research entities face financial limitations to install sequencing equipment owing to their high cost. Therefore, these organizations approach service providers. This is expected to drive the services segment with the fastest CAGR over the forecast period
• Sequencing by synthesis holds a major share of the technology segment owing to its high sensitivity, fast turnaround time, and high throughput
• Additionally, this technology is playing important role in the detection of mutations in tumor tissue which helps to develop targeted and personalized therapies
• The sequencing workflow segment held the largest revenue share in 2020 and is expected to witness the fastest CAGR during the forecast period as it is the most important and crucial step of the workflow
• The cancer application segment generated the largest revenue share in 2020 owing to ongoing extensive research in cancer using miRNA as a biomarker to study diagnosis and prognosis of cancer and to develop novel therapies
• Furthermore, an increase in the number of cancer patients globally drives segment growth
• Research and academic institutions are one of the major revenue generators of the market as miRNA sequencing and assay techniques and associated products are being widely used in various research studies conducted by research and academic institutes
• In Asia Pacific, the market is anticipated to register a lucrative growth rate throughout the forecast owing to the presence of a huge target population, growing establishment of healthcare, and high unmet clinical needs

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miRNA Sequencing And Assay Market Segmentation

Grand View Research has segmented the global miRNA sequencing and assay market on the basis of product & service, technology, workflow, application, end-use, and region:

miRNA Sequencing And Assay Product & Service Outlook (Revenue, USD Million, 2017 - 2028)

• Products
  • Library Preparation Kits
  • Sequencing Consumables
  • Instruments
• Services

miRNA Sequencing And Assay Technology Outlook (Revenue, USD Million, 2017 - 2028)

• Sequencing (Seq.) By Synthesis
• By Oligonucleotide Ligation and Detection (SOLiD)
• Nanopore Seq.
• Sanger Seq.
• Single Molecule Real-time (SMRT) Seq.

miRNA Sequencing And Assay Workflow Outlook (Revenue, USD Million, 2017 - 2028)

• Library Preparation
• Sequencing
• Data Analysis & Storage

miRNA Sequencing And Assay Application Outlook (Revenue, USD Million, 2017 - 2028)

• Cancer
• Polyglutamine Diseases
• Autoimmune Disease
• Schizophrenia
• Others

miRNA Sequencing And Assay End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Pharmaceutical & Biotechnology Industry
• Research and Academic Institutes
• Contract Research Organizations

miRNA Sequencing And Assay Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Market Players of miRNA Sequencing And Assay Market

• Thermo Fisher Scientific, Inc
• Illumina, Inc.
• QIAGEN
• PerkinElmer, Inc.
• Abcam plc
• New England Biolabs
• Takara Bio Inc.
• Lexogen GmbH
• Norgen Biotek Corp
• Maravai LifeSciences
• HTG Molecular Diagnostics, Inc.
• Meridian Bioscience, Inc.
• System Biosciences, LLC

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.

Warehouse Execution System Market to Expand at a CAGR of 14.2% Through 2028: Grand View Research Inc.

 Warehouse Execution System Market Growth & Trends

The global warehouse execution system market size is expected to reach USD 2.97 billion by 2028, registering a CAGR of 14.2% from 2021 to 2028, according to a new report by Grand View Research, Inc. The E-commerce market is growing at a rapid pace, increasing the number of operations in Distributions Centers (DCs). Increasing order volume and speed is facilitating the adoption of advanced software solutions in warehouses, which is escalating the demand for Warehouse Execution Systems (WES) in the market.

Warehouse execution system software offers several functionalities that include labor management and planning and inventory management. Companies that implement WES into their warehouses/distribution centers majorly utilize these two functions of WES. Moreover, the software also encompasses real-time analytics and reporting functions enabling users to visualize operational and labor data in real-time.

WES can be a perfect single solution for several warehouses; however, it may not be suitable for warehouses with larger and complex operations. In such cases, the replacement of the existing WMS solutions may not be a feasible option. Therefore, WES can be integrated within the existing WMS. The ability of WES solutions to be implemented with WMS or WCS software makes it a practical solution for large warehouses or DCs. Moreover, as companies are increasingly adopting various automation technologies to suffice the increasing operational activities, advanced software solutions such as WES are also gaining traction in the market.

Further, due to the stringent government regulations, it is becoming crucial that manufacturers and distributors focus on not supplying damaged products to the end-users. Damaged or contaminated products may result in product recall scenarios, thereby degrading the brand value. Such instances are reduced by the implementation of a warehouse execution system as it encompasses the traceability feature, which indicates the presence of damaged products in the inventory.

The increased burden on the warehouses due to the outbreak of the COVID-19 pandemic has motivated distributors and logistics providers to adopt various automation technologies. The advanced features of the WES software and the combined benefits of WMS and WCS offered by the software are resulting in the increased adoption of WES among the various industries, including healthcare, automotive, food & beverage, among others.

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Warehouse Execution System Market Report Highlights

• The market is majorly driven by the growing need to improve the efficiency of the warehouses and distribution centers
• The software segment accounted for the largest revenue share of more than 68% in 2020. This is primarily attributable to the cost and operational benefits such as enhanced productivity and improved visibility, among others, offered by the WES software
• The cloud-based deployment segment held the majority share in the market and is also projected to register the fastest CAGR over the forecast period. Cloud-based systems reduce the upfront cost of software implementation to a significant level which is contributing to the high revenue share and growth
• The third-party logistics(3PL) segment held the largest share in the market in 2020. The high growth of the e-commerce industry and the subsequent increasing complexity of the logistical operations are contributing to the segmental growth
• Some of the prominent players in the WES market include Honeywell International Inc.; SSI SCHAEFER; Manhattan Associates; Fortna Inc.; and Bastian Solutions, LLC

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Warehouse Execution System Market Segmentation

Grand View Research has segmented the global warehouse execution system market based on component, deployment, end-user, and region:

Warehouse Execution System Component Outlook (Revenue, USD Million, 2017 - 2028)

• Software
• Service
  • Consulting
  • Installation & Integration
  • Training and Support & Maintenance

Warehouse Execution System Deployment Outlook (Revenue, USD Million, 2017 - 2028)

• On-premises
• Cloud

Warehouse Execution System End-user Outlook (Revenue, USD Million, 2017 - 2028)

• Consumer Electronics
• Healthcare
• Food & Beverages
• Automotive
• Third-Party Logistics (3PL)
• Others

Warehouse Execution System Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Warehouse Execution System Market

• Honeywell International Inc
• Fortna Inc.
• SSI SCHAEFER
• Manhattan Associates
• Bastian Solutions, LLC
• VARGO
• Matthews International Corporation
• Invata Intralogistics
• Softeon
• WESTFALIA TECHNOLOGIES, 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.

Medical Telepresence Robots Market Size Is Expected To Reach USD 159.5 Million by 2028

 Medical Telepresence Robots Market Growth & Trends 

The global medical telepresence robots market size is expected to reach USD 159.5 million by 2028, based on a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 18.5% from 2021 to 2028. Some of the factors contributing to the market growth are the growing adoption of telepresence robots in the healthcare sector and product innovations catering to the increasing demand. Moreover, the rise in the elderly population with chronic illnesses requiring regular monitoring is expected to propel the demand for medical telepresence robots, especially for home use.

The market experienced a surge during the Covid-19 pandemic owing to the rise in the implementation of telepresence robots in hospitals in most of the countries. For instance, the Yatharth Hospital in Noida deployed Mitra robots to assist the healthcare providers in delivering quality care with telepresence technology. Moreover, the features facilitating efficient two-way communication and the ability to connect from any location to monitor the patients remotely are boosting the demand for medical telepresence robots.

The rise in the number of market players offering technologically advanced robots, the introduction of new features catering to the current demand, and the continuous focus on R&D are likely to boost the adoption of medical telepresence robots. Furthermore, the governments of most of the countries are taking initiatives to support artificial intelligence and robotics, further leading to attracting new entrants to enter the market.

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Medical Telepresence Robots Market Report Highlights

• Based on type, the mobile segment dominated the market in 2020 owing to the features such as autonomous navigation, adjustable height, head motion, and obstacle avoidance that enable smooth and efficient delivery of services and virtual monitoring
• On the basis of component, the camera segment dominated the market in 2020 due to the fact that its operations are essential for the working and functioning of the robot
• In terms of end use, hospitals and assisted living facilities held the largest share in 2020 owing to the increase in the adoption of robotics in the healthcare sector and the development of features specifically for healthcare such as ultrasound imaging machines and digital stethoscopes
• In 2020, North America dominated the market due to the higher adoption of artificial intelligenceand robotics in the healthcare sector, growing disposable income, and the increasing number of market players in the region
• Asia Pacific is expected to witness the fastest growth over the forecast period owing to the higher adoption of robotics in the healthcare sector and the supportive government initiatives in medical robotics

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Medical Telepresence Robots Market Segmentation

Grand View Research has segmented the global medical telepresence robots market based on type, component, end use, and region:

Medical Telepresence Robots Type Outlook (Revenue, USD Million, 2016 - 2028)

• Stationary
• Mobile

Medical Telepresence Robots Component Outlook (Revenue, USD Million, 2016 - 2028)

• Camera
• Display
• Speaker
• Microphone
• Power Source
• Sensors & Control System

Medical Telepresence Robots End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals & Assisted Living Facilities
• Home Use

Medical Telepresence Robots Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Medical Telepresence Robots Market

• Amy Robotics
• Ava Robotics Inc.
• AXYN Robotics
• Blue Ocean Robotics
• Guangzhou Yingbo Intelligent Technology Co., Ltd.
• InTouch Health
• OhmniLabs, Inc.
• Rbot
• VGo Communications Inc.
• Xandex Inc.

About Grand View Research

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

Global Market for Broadcast Scheduling Software to Reflect Steadfast Expansion During 2021-2028: Grand View Research Inc.

 Broadcast Scheduling Software Market Growth & Trends

The global broadcast scheduling software market size is estimated to reach over USD 4.06 billion by 2028, registering a CAGR of 18.5% from 2021 to 2028, according to a new report by Grand View Research, Inc. The increase in implementation of cloud-based solutions and the growing complications in broadcast media scheduling are the factors expected to fuel the growth of the market over the forecast period.

The broadcasting industry has witnessed drastic changes in the past few years owing to technological disruptions in the media and entertainment industry. Additionally, the COVID-19 pandemic has also impacted the market in several ways, leading to broadcasters shifting from the on-premise approach to the cloud-based approach. Moreover, factors such as an increase in the adoption of smart devices and the rising popularity of multimedia streaming applications are enabling broadcasters to adopt broadcast management and scheduling solutions.

The growing media technology investment by the TV and radio broadcasters is also expected to fuel the market growth. These investments in broadcasting solutions are significantly resulting in increased R&D and applications of the software worldwide. Additionally, the rise in penetration of Over-The-Top (OTT) and Direct-To-Home (DTH) services is anticipated to create numerous growth opportunities for the market players. On the contrary, rapidly changing customer behavior is likely to hamper the growth of the market.

Broadcasting involves the accumulation, distribution, and storage of a wide range of video and audio media content through communication networks. Broadcast scheduling software helps broadcasters in automating their workflows, along with reducing complexities across entire management teams.

The digital platforms segment is expected to emerge as the second-largest segment in the market for broadcast scheduling software and is expected to register the highest growth rate over the forecast period. The growth of this segment can be attributed to the growing demand for national as well as global content from all age groups. The COVID-19 pandemic and the subsequent lockdowns imposed have resulted in higher adoption of on-demand content worldwide.

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Broadcast Scheduling Software Market Report Highlights

• The broadcasters and content creators are continuously investing in technological research and development for introducing innovations in the broadcast industry owing to the growing demand for a better and uninterrupted experience from most customers
• The service segment is likely to register the highest CAGR over the forecast period owing to an increase in demand for broadcast management and automation solutions from radio and TV broadcasters. The growing demand for integration and hosting services is also expected to fuel the growth of this segment
• Asia Pacific is expected to witness the highest growth over the forecast period, in terms of the adoption of broadcast scheduling software, primarily due to factors such as a large customer base for linear TV and radio across countries such as Japan, China, India, and other neighboring countries and the growing demand for OTT services

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Broadcast Scheduling Software Market Segmentation

Grand View Research has segmented the global broadcast scheduling software market based on solution, deployment, application, and region:

Broadcast Scheduling Software Solution Outlook (Revenue, USD Million, 2016 - 2028)

• Software
• Services
  • Managed Services
  • Professional Services

Broadcast Scheduling Software Deployment Outlook (Revenue, USD Million, 2016 - 2028)

• On-premise
• Cloud
• Hybrid

Broadcast Scheduling Software Application Outlook (Revenue, USD Million, 2016 - 2028)

• TV
• Radio
• Digital Platforms

Broadcast Scheduling Software Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of the Broadcast Scheduling Software Market

• Advanced Broadcast Services Limited
• AMC Networks Inc.
• AxelTech
• BroadView Software
• Chetu Inc.
• Chyro
• Imagine Communications
• MediaGenix
• Marketron Broadcast Solutions
• Schedule it Ltd.
• WideOrbit

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.

Membrane Oxygenators Market Trends, Growth Prospects To 2028: Grand View Research Inc.

 Membrane Oxygenators Market Growth & Trends

The global membrane oxygenators market size is expected to reach USD 141.5 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 1.5% from 2021 to 2028. Key factors expected to boost the market include the growing prevalence of respiratory failures and cardiopulmonary diseases. Furthermore, there has been a rise in the number of patients suffering from COVID-19 and chronic obstructive pulmonary disease, which can require membrane oxygenators for treatment, enhancing their adoption. Technological advancements in medical devices are expected to further propel their demand in hospitals.

Leading market participants operating in this industry are focusing on developing technologically advanced membrane oxygenators. For instance, in January 2019, Terumo Medical Corporation launched the smallest, lowest prime volume, full-size adult oxygenator-Capiox NX19-with Ultraprime technology. Significant features of this device are it minimizes inflammatory response and provides higher efficiency microemboli removal. Portable adaptors and compact membrane oxygenators in ECMO circuits have also been developed, which help in the transportation of critically ill patients. The recent developments in medical devices are estimated to drive market growth.

Cardiovascular diseases are among the leading causes of death across the globe. As per the WHO, in 2016, around 17.9 million CVD-related deaths were reported globally. A membrane oxygenator is used to treat patients with cardiac and respiratory diseases. ECMO machine removes carbon dioxide and delivers oxygen in patients when the lungs and heart fail to carry out the process of blood oxygenation. Hence, the rising occurrence of cardiac and respiratory disorders is anticipated to create robust growth opportunities.

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Membrane Oxygenators Market Report Highlights

• North America accounted for the largest revenue share in 2020 owing to the growing innovation in healthcare technologies, reducing healthcare expenditure, and increasing demand for membrane oxygenator devices in hospitals
• By type, the hollow fiber membrane oxygenator segment accounted for the largest revenue share in 2020, as they offer support after cardiac shock as a fast response system
• By application, the cardiac segment is expected to grow at an exponential rate over the forecast period, due to the increasing incidence of cardiac conditions such as cardiac arrest and myocardial infarction
• The neonates segment held a significant market share in 2020, due to increasing incidence of acute respiratory distress syndrome, congenital diaphragmatic hernia, air leak syndrome, respiratory failure, persistent pulmonary hypertension, and pneumonia
• The key companies focus on new product launches, strategic acquisitions, and mergers to attain a larger market share

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Membrane Oxygenators Market Segmentation

Grand View Research has segmented the global membrane oxygenators market based on type, application, age group, and region:

Membrane Oxygenator Type Outlook (Revenue, USD Million, 2016 - 2028)

• Hollow Fiber
• Flat Sheet

Membrane Oxygenator Application Outlook (Revenue, USD Million, 2016 - 2028)

• Respiratory
  • Respiratory failure
  • Pulmonary embolism
  • Acute respiratory distress syndrome
  • Pneumonia
  • COVID-19
• Cardiac
  • Acute myocardial infarction
  • Myocarditis
  • Post-transplant complications
  • Decompensated cardiomyopathy
  • Cardiogenic shock
• ECPR

Membrane Oxygenator Age Group Outlook (Revenue, USD Million, 2016 - 2028)

• Neonates
• Pediatrics
• Adults

Membrane Oxygenator Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Membrane Oxygenators Market

• Medtronic
• Fresenius SE & Co KGaA
• Getinge AB
• Terumo Medical Corporation
• MicroPort Scientific Corporation
• Nipro Medical Corporation

About Grand View Research

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