Medical Supply Delivery Service Market Revenue is Expected to Reach USD 101.3 Billion by 2028: Grand View Research Inc.

 Medical Supply Delivery Service Market Growth & Trends

The global medical supply delivery service market size is expected to reach USD 101.3 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.3% from 2021 to 2028. The growing need for ensuring quick, safe, and secure transportation of samples and specimens for testing, reducing logistics costs, and increasing focus on improving the healthcare system is increasing the demand for medical supply delivery services. The increasing incidence of road accidents owing to various factors leading to blood loss and immediate requirement for blood is boosting the market growth. Furthermore, the growing geriatric population, rising incidence of diabetes and hypertension, and the rising surgical procedures for organ transplants are driving the market growth.

The medical supplies application segment accounted for the largest revenue share in 2020 owing to the increasing incidence of chronic diseases, rise in the number of surgical procedures, growing geriatric population, and the increase in the prevalence of chronic diseases across the globe. The lab specimens and reports segment is expected to exhibit the fastest growth rate during the forecast period owing to the growing prevalence of COVID-19 and increasing demand for testing services to combat the disease spread. In addition, the segment is expected to witness an increase in the adoption of these services for the timely supply of time-sensitive samples to avoid contamination.

In 2020, the courier delivery mode of service segment held the largest revenue share due to the rise in demand for medical couriers for transporting confidential and time-sensitive health care items to the end-users. It will include prescription medications, paperwork, medical specimens, lab work, infusion medicine, equipment, and supplies. The drone delivery segment is anticipated to register the fastest growth rate during the forecast period. It is due to the increase in the adoption of drones for timely and contactless transportation of emergency supplies to urban and rural areas, where transportation is expected to be challenging.

The pharmacies end-user segment accounted for the largest revenue share in 2020 owing to the rising prevalence of chronic diseases, technological advancements, increasing demand for drugs and vaccines, and rising adoption of these services to support last-mile delivery of prescription-based and other medications. The patients segment is anticipated to be the fastest-growing segment during the forecast period owing to the increasing prevalence of chronic conditions and growing demand for at-home delivery to avoid in-person visits to pharmacies.

In 2020, Asia Pacific dominated the market. It can be attributed to the rise in the adoption of new technologies, the growing geriatric population, and the increasing demand for blood and blood components required for various procedures. Europe is expected to be the fastest-growing regional market during the forecast period owing to infrastructure investments, higher labor costs amidst workforce shortages, evolving care models, and advancements in warehousing facilities.

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Medical Supply Delivery Service Market Report Highlights

• The medical supplies application segment dominated the market in 2020 due to the increasing incidence of chronic diseases and the growing geriatric population undergoing various minor or major surgical procedures
• By mode of service, the courier delivery segment dominated the market in 2020 owing to the increasing adoption of these services for on-time transportation of time-sensitive healthcare items to reduce turnaround time and avoid contamination
• The pharmacies end-user segment dominated the market in 2020 owing to the rising geriatric population and increasing demand for drugs and vaccines amid the COVID-19 pandemic
• Asia Pacific dominated the market in 2020 owing to a large population and increasing technological advancements in the region

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Medical Supply Delivery Service Market Segmentation

Grand View Research, has segmented the global medical supply delivery service market based on application, mode of service, end-user, and region:

Medical Supply Delivery Service Application Outlook (Revenue, USD Million, 2016 - 2028)

• Medical Supplies
• Drug Supplies
• Emergency Services
• Lab Specimens & Reports

Medical Supply Delivery Service Mode Of Service Outlook (Revenue, USD Million, 2016 - 2028)

• Courier Delivery
• Drone Delivery

Medical Supply Delivery Service End-user Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Clinics
• Laboratories
• Pharmacies
• Patients
• Others

Medical Supply Delivery Service Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Medical Supply Delivery Service Market

• DHL International GmbH
• United Parcel Service of America, Inc.
• Agility
• ModivCare Solutions, LLC
• FedEx
• CEVA Logistics
• wingslogistics
• International SOS
• Matternet
• Zipline
• Flirtey
• Swoop Aero

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.

Air Conditioning Systems Market Report by Opportunity, Demand, Recent Trends by 2028

 

Air Conditioning Systems Market Growth & Trends

The global air conditioning systems market size is expected to reach USD 175.15 billion by 2028, registering a CAGR of 6.2% from 2021 to 2028 according to a study conducted by Grand View Research, Inc. Factors such as increasing international tourism, growing consumer spending on home improvement, and introduction of energy-efficient systems, coupled with the rising popularity of green cooling concepts, are expected to drive the market growth over the forecast period.

Global events usually pave the way for extensive construction projects, such as the establishment of new buildings and improvement of existing infrastructure. These projects aim at accommodating and catering to the needs of international tourists & visitors or working professionals and providing them enhanced facilities. For instance, the 2020 Summer Olympics event, expected to be held in Tokyo, is expected to drive the construction and development of ample commercial, residential, and lodging spaces in the city before the event commences. Similarly, in Dubai, the government is expected to make significant investments in infrastructure development to accommodate the large number of visitors expected to be attending the Expo 2020, a universal exposition. This, in turn, is creating an increased demand for air conditioners.

The competitive landscape of the market is highly consolidated and characterized by high competition with the presence of key players such as Carrier Corporation, Haier Inc., Electrolux, Ingersoll-Rand plc, and DAIKIN INDUSTRIES, LTD. These players are engaged in mergers and acquisitions to enhance their market presence. For instance, in January 2018, Ingersoll Rand plc and Mitsubishi Electric Corporation signed a contract to create a joint venture to enhance the marketing, sales, and distribution of VRF and ductless heating and air conditioning systems. Under the partnership, the companies will distribute their products under the American Standard and Trane brands using the latter’s corporate logo and the former’s distribution channels.

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Air Conditioning Systems Market Report Highlights

• The Packaged Terminal Air Conditioners (PTAC) segment is expected to register a CAGR of over 4.0% from 2019 to 2025 in terms of volume. This growth of the segment can be attributed to their increasing adoption in the hospitality and residential sectors
• In terms of technology, the inverter segment is expected to experience significant growth over the forecast period owing to its ability to control the speed of the compressor motor, which helps in the continuous regulation of temperature. This variable speed compressor helps in saving 50% more energy and power as compared to non-inverter air conditioners
• The commercial end-use segment accounted for nearly 20% of the overall market share in 2018. The segment is also anticipated to witness substantial growth over the forecast period owing to the rapid industrialization in various North American and European countries
• The air conditioning systems market for North America is expected to exhibit a CAGR of over 6% from 2019 to 2025 in terms of revenue. With high penetration of air conditioners in developed economies such as the U.S., the region is expected to experience growth owing to increasing demand for replacement and refurbishment of existing systems.

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Air Conditioning Systems Market Segmentation

Grand View Research has segmented the global air conditioning systems market based on type, technology, end-use, and region:

Air Conditioning Systems Type Outlook (Volume, Thousand Units; Revenue, USD Billion, 2018 - 2028)

• Unitary
• Rooftop
• PTAC

Air Conditioning Systems Technology Outlook (Volume, Thousand Units; Revenue, USD Billion, 2018 - 2028)

• Inverter
• Non-Inverter

Air Conditioning Systems End-use Outlook (Volume, Thousand Units; Revenue, USD Billion, 2018 - 2028)

• Residential
• Commercial
• Industrial

Air Conditioning Systems Regional Outlook (Volume, Thousand Units; Revenue, USD Billion, 2018 - 2028)

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

List of Key Players of the Air Conditioning Systems Market

• Daikin Industries, Ltd.
• Mitsubishi Electric Trane HVAC US LLC
• Hitachi Ltd
• Carrier
• Whirlpool Corporation
• Haier 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.

Wearable Technology Market to Exhibit Impressive Growth During the Forecast Period: Grand View Research Inc.

 

Wearable Technology Market Growth & Trends

The global wearable technology market size is expected to reach USD 118.16 billion by 2028, registering a CAGR of 13.8% from 2021 to 2028, according to a study conducted by Grand View Research, Inc. The rapid increase in demand for multimedia devices and smartphones, coupled with the surge in the adoption of fitness trackers and health-based wearables, is anticipated to propel the market for wearable technology. Furthermore, increasing health awareness among consumers is leading to increased interest in fitness activities such as cycling, running, and walking. Fitness and activity tracking devices provide a way of monitoring progress and analyzing the physiological data gathered, thereby contributing to market growth.

Rising incomes, changing lifestyles, improved standards of living, and increased consumer awareness about the need to adopt energy-efficient products are encouraging consumers to spend more on utilities, thereby supporting the market growth. Furthermore, technological innovations and advancements and the larger availability of affordable and efficient products create growth opportunities for the market.

Increasing internet penetration in several countries across the globe is likely to help create lucrative growth opportunities for the market. For instance, according to the World Bank, the number of internet users in the U.S. has increased from 87.27% of the total population in 2017 to 88.49% in 2018. In China, 54.3% of the country’s population used the internet in 2017.

However, the COVID-19 pandemic impacted the supply chain of the market during the first two quarters of 2020 as shipments of these devices declined. The supply and demand gap has increased due to the limited availability of raw materials and labor shortage in manufacturing units. Nevertheless, the rising focus of governments on economic revival and leniency in lockdown restrictions are expected to witness drive market growth during the forecast period. Furthermore, rising health concerns among individuals are also expected to contribute to market growth.

The North America regional market, valued at USD 14.11 billion in 2020 and dominated the global market owing to the increasing demand for wearable devices in the U.S and Canada. Furthermore, the presence of several prominent players such as Alphabet Inc.; Garmin Ltd.; and Apple, Inc. in the region is also expected to favor market growth through the forecast period. These players majorly focus on strategic partnerships and mergers and acquisitions to enhance their business operations. For instance, in November 2019, Alphabet Inc. announced the acquisition of Fitbit Inc.

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Wearable Technology Market Report Highlights

• In terms of product, the wrist-wear product segment is expected to dominate the market for wearable technology over the forecast period due to the increased adoption of smartwatches among millennials. The segment is expected to reach USD 62.16 billion by 2028
• In terms of application, the consumer electronics segment is expected to dominate over the forecast period. The segment is anticipated to reach USD 59.55 billion by 2028
• North America is projected to account for the majority share of the global market over the forecast period. The regional market is anticipated to reach USD 36.67 billion by 2028. The growth in disposable incomes and the rapid adoption and popularity of connected devices are some of the major drivers of the regional market
• The prominent industry participants include Apple Inc.; Fitbit, Inc.; SAMSUNG; Xiaomi Global Community; and Huawei Device Co., Ltd.

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Wearable Technology Market Segmentation

Grand View Research has segmented the global wearable technology market based on product, application, and region:

Wearable Technology Product Outlook (Revenue, USD Million, 2018 - 2028)

• Wrist-Wear
• Eye-Wear & Head-Wear
• Foot-Wear
• Neck-Wear
• Body-Wear
• Others

Wearable Technology Application Outlook (Revenue, USD Million, 2018 - 2028)

• Consumer Electronics
• Healthcare
• Enterprise & Industrial Application
• Others

Wearable Technology Regional Outlook (Revenue, USD Million, 2018 - 2028)

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

List of Key Players of Wearable Technology Market

• Apple Inc.
• FitBit Inc.
• Sony Group Corporation
• Garmin Ltd.
• Samsung Electronics Co. Ltd.

About Grand View Research

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

Women’s Health And Beauty Supplements Market to Exhibit Impressive Growth During 2021 – 2028: Grand View Research Inc.

 Women’s Health And Beauty Supplements Market Growth & Trends

The global women’s health and beauty supplements market size is expected to reach USD 76.6 billion by 2028, registering a CAGR of 4.9% over the forecast period, according to a new report by Grand View Research, Inc. The COVID-19 pandemic has augmented the awareness levels about health and wellness among consumers, thereby increasing the consumption of supplements. Moreover, people are consuming different types of vitamins, minerals, probiotics, and botanicals to strengthen their immune systems. This, in turn, is positively impacting the market growth. Increasing focus on preventative healthcare is also driving the market. Consumers are adopting supplements for different applications, such as skincare, haircare, nail care, bone & joint health, immunity, stress or anxiety management, heart health, eye health, sexual health, liver health, memory enhancement, etc. In addition, women are consuming supplements to get healthier and have glowing skin & hair. Moreover, rising demand and consumption of supplements, such as collagen and CoQ10 due to their anti-aging effects, will drive market growth.

The rise in the middle-class population, which is the largest consumer group, a growing number of working women, and the increasing prevalence of micronutrient deficiency among women further boost the product demand. In addition, a rise in disposable income and an increase in the number of sales channels for health and beauty supplements coupled with improved accessibility are expected to propel market growth.

Key companies are introducing new products to cater to the growing demand. For instance, in March 2021, SimpleHealth, a telehealth provider for women’s reproductive health, introduced a line of nutritional supplements, which includes The Daily 5 multivitamin tablets; Urinary Tract Support, a cranberry pill for urinary tract health; and Probiotic Blend for improving gut health. In April 2020, Aptorum Group introduced a bone health supplement consisting of NSL-2 Dioscorea opposita, which is extracted from Chinese yam. This supplement is utilized to improve menopausal transitions, including osteoporosis.

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Women’s Health And Beauty Supplements Market Report Highlights

• Vitamins emerged as the leading product segment in 2020 with a revenue share of over 37%
• Among applications, the women’s health segment accounted for the largest revenue share of the global market in 2020
• Among consumer groups, the others segment accounted for the largest revenue share of the overall market in 2020, whereas postnatal is estimated to be the fastest-growing segment
• The direct sales channel segment accounted for the maximum revenue share in 2020, whereas the online channel segment is estimated to register the fastest CAGR from 2021 to 2028
• Asia Pacific was the largest regional market in 2020. However, Middle East & Africa is projected to expand at the fastest CAGR during the forecast period

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Women’s Health And Beauty Supplements Market Segmentation

Grand View Research has segmented the women’s health and beauty supplements market on the basis of product, application, age group, consumer group, sales channel, and region:

Women’s Health And Beauty Supplements Product Outlook (Revenue, USD Million, 2016 - 2028)

• Vitamins
• Minerals
• Enzymes
• Botanicals
• Proteins
• Omega-3
• Probiotics
• Others

Women’s Health And Beauty Supplements Application Outlook (Revenue, USD Million, 2016 - 2028)

• Women’s Health
• Beauty
  • Skin Care
  • Nail Care
  • Hair Care
  • Others

Women’s Health And Beauty Supplements Age Group Outlook (Revenue, USD Million, 2016 - 2028)

• 15-30 Years
• 31-50 Years
• 51-70 Years
• Above 70 Years

Women’s Health And Beauty Supplements Consumer Group Outlook (Revenue, USD Million, 2016 - 2028)

• Prenatal
• Postnatal
• PMS
• Perimenopause
• Post-menopause
• Others

Women’s Health And Beauty Supplements Sales Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Online
• Direct Sales
• Pharmacies/Drug Stores
• Other Offline Channels

Women’s Health And Beauty Supplements Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Women’s Health And Beauty Supplements Market

• Amway
• Herbalife International of America, Inc.
• GNC Holdings, Inc.
• The Nature’s Bounty Co.
• Bayer AG; Garden of Life (Nestle)
• Suntory Holdings Ltd.
• Taisho Pharmaceutical Co. Ltd.
• Swisse Wellness Pty. Ltd.
• Pharmavite LLC
• Pfizer, Inc.
• Blackmores
• Fancl Corp.
• Asahi Group Holdings
• Usana Health Sciences
• Nu Skin Enterprises
• BY-Health Co. Ltd.
• Revital Ltd.
• The Himalaya Drug Company
• Vita Life Sciences
• Grape King Bio Ltd.
• Standard Foods Corp.

About Grand View Research

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

Operating Room Integration Market to Expand at a CAGR of 11.0% Through 2028: Grand View Research Inc.

 Operating Room Integration Market Growth & Trends

The global operating room integration market size is anticipated to reach USD 3.5 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 11.0% from 2021 to 2028. Increasing redevelopment projects and the adoption of advanced healthcare IT solutions in hospitals is a major factor boosting market growth. Operating Rooms (OR) are increasingly becoming complex and congested due to the requirement of devices during surgeries such as surgical lights, operating tables, and surgical displays. Integrated Operating Rooms (I-ORs) is becoming a solution for this complexity in ORs.

Though digitization was now high on the agendas of most companies, the COVID-19 pandemic speeded up the paradigm shift towards digitization in 2020. Besides, the trend towards digital ORs was also quickened up by the pandemic. Thus, the COVID-19 crisis created new opportunities to innovate and new ways to create value in the evolving healthcare world. For instance, in March 2021, Olympus has introduced EASYSUITE, a next-generation OR integration solution, in the EMEA area. EASYSUITE features video management and routing, medical content management, procedure recording, and virtual collaboration. As a result, with the introduction of EASYSUITE, the company promoted digitalization in surgery and boosted its position in the EMEA territory.

The modern operating room provides consolidated data and offers access to audio and video and controls for all surgical devices at the central command station, allowing the surgeon to achieve various tasks efficiently without the prerequisite to move near the OR. Other advantages of OR integration are it minimizes manpower, maximizes OR efficiency, takes less surgical time procedure, and manages patient surgical records.

Most of the Minimally Invasive Surgeries (MIS) procedures such as TAVR, and EVAR, laparoscopic procedures are performed in hybrid integrated OR. Surging patient preference for MIS is boosting the market growth. MIS includes robotic surgery; laparoscopic surgeries that have a wide range of applications in the medical sector.

In addition, hospitals have shifted their preference towards advanced MIS procedures for diagnosing chronic diseases. The preference is due to the benefits that this procedure provides such as lower postoperative complication rates along with reduced hospital stay, less painful and offers fast recovery time. It also provides a high accuracy rate as compared to traditional open surgery. The aforementioned factors are anticipated to boost the demand for I-ORs over the forecast period.

The competitors operating in the market are focusing on other strategies such as mergers and acquisitions, collaborative agreements to mark their presence in the market. For instance, In January 2020, Brainlab declared its acquisition of Vision Tree Software. Vision tree Optimal Care (VTOC) platform, which provides EHR, research, and registry platform. The acquisition will provide an opportunity to capture data by point-of-care electronic forms and use them in efficient workflows. The strategies like these implemented by the leader in this vertical are further propelling the market growth.

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Operating Room Integration Market Report Highlights

• OR integrated services are expected to witness the fastest growth rate in coming years owing to the growing demand from ambulatory surgical centersand hospitals
• The documentation management systems segment dominated the market in 2020 owing to the associated benefits such as data management with minimal errors
• Demand for fully integrated solutions to automated surgical workflows is growing in accordance with the requirements to access all the necessary information on a single platform. This helps in expediting the surgical procedure and eliminates the need for various devices arranged all over in the operating room
• The orthopedic surgery segment is anticipated to show a lucrative CAGR owing to its growing demand. There is an increase in the number of cases of orthopedic conditions, including osteoarthritis, osteoporosis, rheumatoid arthritis, and ligamentous knee injuries
• North America dominated the market as of 2020, which is attributable to supportive government initiatives promoting the adoption of surgical automation, telemedicine, and other advanced technologies to support the use of integrated solutions in operating rooms
• Market players are involved in extensive research for the development of cost-efficient and technologically advanced OR integration solutions. Subsequently, the introduction of such solutions is expected to provide the market with lucrative growth opportunities

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Operating Room Integration Market Segmentation

Grand View Research has segmented the global operating room integration market based on component, device type, application, end-use, and region:

Operating Room Integration Component Outlook (Revenue, USD Million, 2016 - 2028)

• Software
• Services

Operating Room Integration Device Type Outlook (Revenue, USD Million, 2016 - 2028)

• Audio Video Management System Forceps
• Display System
• Documentation Recording System

Operating Room Integration Application Outlook (Revenue, USD Million, 2016 - 2028)

• General Surgery 
• Orthopedic Surgery
• Neurosurgery
• Others 

Operating Room Integration End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Ambulatory Surgical Centers (ASCs)

Operating Room Integration Regional Outlook (Revenue, USD Million, 2016 – 2028)

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

List of Key Players of Operating Room Integration Market

• Stryker
• Brainlab AG
• Barco
• Dragerwerk AG & Co. KGaA
• Steris
• KARL STORZ SE & CO. KG
• Getinge AB
• Olympus
• Care Syntax
• Trilux Medical GmbH& Co.KG

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.

Clinical Workflow Solutions Market Valuation to Reach USD 19.25 Billion by the end of 2028: Grand View Research Inc.

 Clinical Workflow Solutions Market Growth & Trends

The global clinical workflow solutions market size is expected to reach USD 19.25 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 12.4% from 2021 to 2028. An increased volume of patient health information due to the rising prevalence of chronic conditions and the high demand for better quality care by patients is expected to fuel the adoption of workflow software and services in healthcare settings. Rising awareness amongst the caregivers and patients pertinent to the benefits of integrated solutions and interest in reliable technology for efficient decision-making is anticipated to fuel the adoption of workflow solutions.

The interoperability and compatibility of the systems with different platforms due to their robust technology have enhanced the growth prospects for the market. Collaborative efforts by software developers along with researchers to make healthcare information available to users are projected to contribute to the lucrative growth over the forecast period. Furthermore, strategic initiatives intended by the industry participants for developing end-to-end solutions are expected to boost the competition in the market.

The COVID-19 pandemic presented numerous challenges such as financial challenges to the healthcare organizations. The pandemic continues to focus on how interconnected the world’s social, economic, and environmental challenges are. The market players are increasingly focusing on bringing innovation and new ways to safeguard the health and safety of their employees, meeting critical customer requirements, and guaranteeing business continuity. For instance, in July 2020, Hillromproclaimed a new commercial partnership with Aivato to enable voice-permitted clinical workflows. Thus, it allows hands-free communication for both patients and staff.

Moreover, improvements in healthcare IT have offered an ever-expanding array of options like advanced broadband networks, remote patient monitoring, and EHRs. This, in turn, created substantial opportunities for clinical workflow solution vendors. With the help of these integration solutions, healthcare organizations can advance clinical workflow and significantly improve their care delivery system. For example, integration of EHR and telehealth automates data entry. With this, there is no requirement to enter the same information twice, which diminishes duplicate data entries and administrative tasks and upsurges efficiency in the workplace.

Market participants are engaged in collaborative agreements with hospitals and healthcare groups to implement clinical workflow management systems and EHR solutions. Moreover, focus on developing an integrated software solution to avoid wrong medication and improve the quality of care is expected to fuel the adoption of workflow solutions in the coming years.

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Clinical Workflow Solutions Market Report Highlights

• By type, data integration solutions held the largest share in 2020 owing to their rapid adoption by hospitals and healthcare facilities. Besides, as the healthcare industry is moving toward digitization, electronic medical record systems are becoming more and more popular, thus supporting the segment growth
• The care collaboration solutions type segment is likely to witness lucrative growth over the forecast period due to the rapid adoption of these solutions by caregivers. Integration with EHR provides a complete overview of the patient’s medical condition, thereby helping to decide a course of action for treatment
• In terms of end use, the hospitals segment captured the largest revenue share in 2020. This can be attributed to supportive government policies, a rise in awareness, and an increase in the number of training programs for the implementation of the technology
• North America dominated the market in 2020 owing to the presence of major players and technologically advanced healthcare infrastructure
• Asia Pacific is projected to witness lucrative growth in the coming years owing to the supportive government initiatives to adopt eHealthsolutions by hospitals

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Clinical Workflow Solutions Market Segmentation

Grand View Research has segmented the global clinical workflow solutions market on the basis of type, end use, and region:

Clinical Workflow Solutions Type Outlook (Revenue, USD Million, 2016 - 2028)

• Data Integration Solutions
  • EMR Integration Solutions
  • Medical Image Integration Solutions
• Real-time Communication Solutions
  • Nurse Call Alert Systems
  • Unified Communication Solutions
• Workflow Automation Solutions
  • Patient Flow Management Solutions
  • Nursing & Staff Scheduling Solutions
• Care Collaboration Solutions
  • Medication Administration Solutions
  • Perinatal Care Management Solutions
  • Rounding Solutions
  • Other Care Collaboration Solutions (Specimen Collection Solutions and Blood Products Administration Solutions)
• Enterprise Reporting & Analytics Solutions

Clinical Workflow Solutions End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Long-term Care Facilities
• Ambulatory Care Centers

Clinical Workflow Solutions Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Clinical Workflow Solutions Market

• Allscripts Healthcare Solutions, Inc.
• Cerner Corporation
• NXGN Management, LLC
• McKesson Corporation
• Koninklijke Philips N.V.
• Hill-Rom Services Inc.
• Cisco
• General Electric
• Stanly Healthcare
• Vocera Communications
• ASCOM
• athenahealth, 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.

Antiviral Drugs Market Size Projected to Rise Lucratively during 2021 to 2028: Grand View Research Inc.

 Antiviral Drugs Market Growth & Trends

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

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

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

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

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

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

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

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Antiviral Drugs Market Report Highlights

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

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Antiviral Drugs Market Segmentation

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

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

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

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

• Branded
• Generics

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

• HIV
• Hepatitis
• Herpes
• Influenza
• Others

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

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

List of Key Players of Antiviral Drugs Market

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

About Grand View Research

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

Restorative Dentistry Market Poised for Robust Value CAGR of Over 8.6% Through 2028

 

Restorative Dentistry Market Growth & Trends

The global restorative dentistry market size is expected to reach USD 30.02 billion by 2028, according to the new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.6% from 2021 to 2028. The growth of the market is attributed to the improved quality of services provided in dentistry for the large patient pool. The transmission of COVID-19 by the generation of aerosol produced by dental handpieces is possible. To avoid this, the correct clinical protocols must be followed during the COVID-19 pandemic.

The COVID-19 pandemic adversely affected the dental market in 2020. According to the WHO guidelines, viral infection mainly spreads through the eyes, nose, and mouth that makes it difficult for the dentist to operate on patients during such times. The routine cleaning, orthodontic procedures, preventive therapies, and oral examinations that do not involve pain management were postponed during the COVID-19 pandemic, thus negatively impacting the market.

Technological advancements such as guided tissue regeneration with CAM/CAD software solutions, computer-aided implant dentistry, and digital radiography have improved the accuracy of restorations. The new equipment and composite materials have compelled the patients for treatment and resulted in better health outcomes and higher satisfaction, along with the timeliness of dental treatment. Thus, advanced technology is anticipated to boost the growth of the market.

The lack of reimbursement may affect market growth. The reimbursement policies for dental structure do not include restorative dentistry. Patients must bear out-of-pocket expenditure that is included with dental procedures, thus patients mainly ignore and delay their dental treatments due to high expenses. Dental procedures such as composite bonding, implants, and cosmetic contouring require high skilled lab technicians and professionals. Thus, dental procedures are very costly in many countries. This factor may hamper market growth.

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Restorative Dentistry Market Report Highlights

• By product, the restorative materials segment held the largest market share in 2020 due to the rising disposable income and the growing awareness regarding the benefits of good oral health
• Based on the end use, the dental hospitals and clinics segment captured the largest market share in 2020 as the number of standalone clinics is expected to grow due to more dentists in emerging areas
• Europe led the market in 2020 and is expected to maintain its lead over the forecast period owing to technological advancements, an increase in patients opting for cosmetic procedures, and rising oral disease burden in the market

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Restorative Dentistry Market Segmentation

Grand View Research has segmented the global restorative dentistry market on the basis of product, end-use, and region:

Restorative Dentistry Product Outlook (Revenue, USD Billion, 2016 - 2028)

• Restorative Materials
  • Direct Restorative Materials
    • Amalgam
    • Composites
    • Glass Ionomer
    • Other Direct Restorative Materials
  • Indirect Restorative Materials
    • All-ceramic
    • Metal Ceramic
    • Metal Alloys
    • Other Indirect Restorative Materials
  • Biomaterials
  • Bonding Agents/ Adhesives
  • Impression Materials
• Implants
• Prosthetics
• Restorative Equipment
  • CAD/CAM Systems
  • Handpieces
  • Rotary Instruments
  • Light Curing Equipment
  • Casting Equipment
  • Mixing Equipment
  • Articulating Equipment
  • Other Equipment

Restorative Dentistry End-use Outlook (Revenue, USD Billion, 2016 - 2028)

• Dental Hospitals and Clinics
• Dental Labs
• Research and Teaching Institutes

Restorative Dentistry Regional Outlook (Revenue, USD Billion, 2016 - 2028)

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

List of Key Players of Restorative Dentistry Market

• 3M Company
• Dentsply Sirona
• Danaher Corporation
• Septodont Holding
• Ivoclar Vivadent AG
• COLTENE Holding Ag
• GC Corporation
• Mitsui Chemicals, Inc.
• Institut Straumann AG
• Zimmer Biomet Holdings, 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.

Dental Chair Market Get Facts About Business Strategies 2021 to 2028: Grand View Research Inc.

 Dental Chair Market Growth & Trends

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

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

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

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Dental Chair Market Report Highlights

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

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

Dental Chair Market Segmentation

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

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

• Powered Dental Chairs
• Non-powered Dental Chairs

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

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

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

• Examination
• Surgery
• Orthodontics
• Others

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

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

List of Key Players of Dental Chair Market

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

About Grand View Research

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