Monday, 4 April 2022

North America Wheelchair Market Set to Record Exponential Growth by 2028: Grand View Research Inc.

 North America Wheelchair Market Growth & Trends

The North America wheelchair market size is expected to reach USD 1.7 billion by 2028, registering a CAGR of 7.9% over the forecast period, according to a new report by Grand View Research, Inc. This is largely due to an increase in the adoption of advanced, compact, and portable mobility aids on account of the growing target population in the U.S. Rising geriatric population is most likely to create higher demand for mobility products, such as wheelchairs. As per the U.S. Census Bureau, mobility is the most common disability among older Americans. 61 million adults live with a disability in the U.S. out of which, 13.7% have mobility disability with serious difficulty walking or climbing stairs.

Also, in 2016, there were 3.3 million wheelchair users in the U.S., with 1.825 million of those users aged 65 years and above. This number is predicted to grow every year, with an expected 2 million new wheelchair users per year. However, the COVID-19 pandemic exacerbated a global shipping and logistics crisis in early 2020, resulting in container shipping shortages and rising costs, as well as interrupting, and potentially continuing to disrupt global trade. This made it difficult for wheelchair manufacturers to obtain necessary products, components, and raw materials. However, companies are anticipated to restart operations due to the ease of lockdown, which will support market growth in the years to come.

Request a free sample copy or view report summary: North America Wheelchair Market Report

North America Wheelchair Market Report Highlights

  • The manual wheelchair product segment dominated the market with the largest revenue share of more than 60% in 2020. This growth can be attributed to the high product demand to its low costs and weight and non-dependability on charging
  • The adult category segment accounted for the highest revenue share of over 84% in 2020. This is owing to the fact that adults have a higher rate of spinal injuries, neuromuscular diseases, and trunk/neck weakness than children
  • The rehabilitation centers application dominated the market with a revenue share of more than 34% in 2020
  • The hospitals application segment is anticipated to register the fastest CAGR over the forecast period due to the rising number of medical emergencies that need the use of wheelchairs
  • Canada is projected to register the fastest CAGR of more than 8.5% over the forecast period due to the rising number of startups in the country
  • For instance, Braze Mobility, a university of Toronto firm, has developed a set of adjustable blind spot sensors that can be mounted on wheelchairs and scooters to make it easier and safer for people to move around

Access Press Release@ https://www.grandviewresearch.com/press-release/north-america-wheelchair-market-analysis

North America Wheelchair Market Segmentation

Grand View Research has segmented the North America wheelchair market based on product, category type, application, and country:

North America Wheelchair Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Manual
  • Electric

North America Wheelchair Category Outlook (Revenue, USD Million, 2016 - 2028)

  • Adult
  • Pediatric

North America Wheelchair Application Outlook (Revenue, USD Million, 2016 - 2028)

  • Homecare
  • Hospitals
  • Ambulatory Surgical Centers (ASCs)
  • Rehabilitation Centers

North America Wheelchair Country Outlook (Revenue, USD Million, 2016 - 2028)

  • US.
  • Canada

List of Key Players of North America Wheelchair Market

  • Karman Healthcare, Inc.
  • Carex Health Brands, Inc.
  • Drive Medical Design & Manufacturing
  • Medline Industries, Inc.
  • Quantum Rehab
  • GF Health Products, 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.

Friday, 1 April 2022

Global Healthcare ERP Market to Reach Around USD 10.3 Billion by 2028: Grand View Research Inc.

 Healthcare ERP Market Growth & Trends

The global healthcare ERP market size is expected to reach USD 10.3 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.6% from 2021 to 2028. Healthcare organizations are under pressure to adopt technological solutions to curb the rising expenditures, ineffective hospital service management, rising workforce shortage, and growing patient population. The rising awareness regarding benefits associated with adopting ERP systems, such as high-quality care delivery solutions, eliminating back-end manual activities, and minimizing operational expenses, contribute to the healthcare enterprise resource planning market growth.

The growing demand for ERP systems from small and medium businesses to enhance business processes and outcomes are driving the market. Seamless access to centralized data from remote locations improves the functioning and data management of the organization. The COVID-19 pandemic exposed the shortcomings of the existing systems adopted by healthcare organizations. During the pandemic, several businesses began adopting ERP systems to automate and digitalize their business processes and streamline their workflows to enhance their productivity and efficiency.

The finance and billing function segment dominated the market in 2020 owing to the growing need to amalgamate the front-end revenue cycle management processes, such as patient access, with back-end activities such as claims management. The inventory and material management segment is expected to grow significantly over the forecast period due to the feature of real-time access to manufacturing and supply chain management. The on-premises deployment segment dominated the market in 2020 due to minimizing costs and ease of access. The cloud deployment segment is expected to grow lucratively over the forecast period owing to the growth of cloud computing and improved accessibility of the internet.

North America dominated the market in 2020 due to rising adoption rates of advanced ERP systems and the emergence of AI-empowered solutions, coupled with infrastructure development. Asia Pacific is expected to register a significant growth rate over the forecast period owing to the emergence of start-ups providing AI-powered ERP systems, growing public and private partnerships to promote healthcare IT infrastructure, and availability of an economical high-skilled workforce.

Request a free sample copy or view report summary: Healthcare ERP Market Report

Healthcare ERP Market Report Highlights

  • The healthcare enterprise resource planning market growth can be attributed to the growing digitalization of business processes to streamline workflows
  • In terms of function, the finance and billing segment dominated the market in 2020, owing to the need to lower barriers between front-end revenue cycle management processes and back-end activities
  • The on-premises deployment segment dominated the market in 2020 owing to the ease-of-access and minimum maintenance cost of ERP solutions
  • North America dominated the market in 2020 due to the rise in adoption of advanced ERP systems and the significant presence of market players

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

Healthcare ERP Market Segmentation

Grand View Research has segmented the global healthcare ERP market based on function, deployment, and region:

Healthcare ERP Function Outlook (Revenue, USD Million, 2016 - 2028)

  • Inventory and Material Management
  • Supply Chain and Logistics Management
  • Patient Relationship Management
  • Finance and Billing
  • Others

Healthcare ERP Deployment Outlook (Revenue, USD Million, 2016 - 2028)

  • On-premises
  • Cloud

Healthcare ERP Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Healthcare ERP Market

  • McKesson Corporation
  • Microsoft
  • Infor
  • Odoo
  • SAP
  • Oracle
  • Epicor Software Corporation
  • QAD, Inc.
  • Aptean
  • Sage Group PLC

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.

Timber Construction Connectors Market Factors Hindering The Growth Rate, Challenges and Restraints For Business Development 2028

 Timber Construction Connectors Market Growth & Trends

The global timber construction connectors market size is expected to reach USD 2.14 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 13.9% from 2021 to 2028. Increasing trends pertaining to timber-based construction, e    specially for residential structures, are expected to drive the demand for timber construction connectors over the forecast period.

Commercial availability of connectors and fasteners in the retail market, coupled with the availability of varied designs and dimensions for connecting components, is a key factor likely to promote the utilization of connectors in wood construction projects. Moreover, custom fastening products with a variety of metals are expected to support product penetration in the market.

The timber to timber product segment accounted for the largest revenue share in 2020 and is anticipated to maintain its lead in the projected period. Growing demand for wood-based frame structures in residential as well as commercial construction projects is likely to ascend the demand for construction connectors.

Key players are aiming to offer custom fastening materials for timber-based construction. Furthermore, the acquisition of production facilities and increasing investments in material development are other factors considered for increasing the market penetration.

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Timber Construction Connectors Market Report Highlights

  • In North America, the timber to timber product segment dominated the market with a revenue share of over 85.0% in 2020 owing to the large demand for wood-based construction projects, especially in the U.S. and Canada
  • The residential application segment accounted for the largest revenue share in 2020 owing to the high acceptance of wood structures in single-family housing units
  • Europe emerged as the largest regional market in 2020 with a revenue share of more than 35.0%. The growing demand for wood-frame structures in Germany, Sweden, and France is likely to ascend the demand for products in the projected time
  • In the European market, Germany held the largest revenue share in 2020. High penetration of wood-based houses in the country and increasing trends for eco-friendly constructions for commercial projects are the factors governing the market growth
  • Manufacturers are aiming to achieve optimum business growth by implementing strategies including acquisition, joint venture, capacity expansion, new product development, promotion of key product brands, and significant investments in R&D

Access Press Release@ https://www.grandviewresearch.com/press-release/global-timber-construction-connectors-market

Timber Construction Connectors Market Segmentation

Grand View Research has segmented the global timber construction connectors market on the basis of product, application, and region:

Timber Construction Connectors Product Outlook (Revenue, USD Million, 2017 - 2028)

  • Timber to Timber
  • Timber to Masonry
  • Timber to Steel

Timber Construction Connectors Application Outlook (Revenue, USD Million, 2017 - 2028)

  • Residential
  • Commercial
  • Infrastructure

Timber Construction Connectors Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Timber Construction Connectors Market

  • Pryda (ITW, Inc.)
  • Simpson Strong Tie Co., Inc.
  • MITEK INC.
  • Timberplates
  • Connext Post and Beam
  • Knapp GmbH
  • Eurotec GmbH
  • MTC Solutions
  • BPC Fixings (The Vista Group)
  • Globus Industries
  • CQFD
  • Taurus India Limited

About Grand View Research

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

U.S. RTD Organic Tea Market Top Players, Segments, Cost Structure, Demand, Sales | 2028 Forecast

 U.S. RTD Organic Tea Market Growth & Trends

The U.S. RTD organic tea market size is anticipated to reach USD 3.09 billion by 2028, registering a CAGR of 4.4% over the forecast period, according to a new report by Grand View Research, Inc. The growing demand for ready-to-drink (RTD) beverages, owing to consumers’ busy lifestyles and hectic work schedules, is driving the growth of this market. This trend has grown significantly in the U.S. over the past few years, despite - and in many ways because of - the COVID-19 pandemic as consumers are focusing on living a more active lifestyle, which also includes spending more time outdoors. Moreover, the growing number of working individuals is anticipated to drive the demand for convenient RTD beverages, including organic tea.

Millennials and working professionals are becoming increasingly health-conscious and are shifting to healthy foods and drinks. Key players are launching new products that are tasty as well as healthy. For instance, in May 2019, The Granny Squibb Company launched a new range of canned RTD organic teas in three flavors. These product launches are increasing product visibility and driving the demand in the western region of the U.S. Nowadays, consumers are willing to spend more on eco-friendly and convenient food and drink products. RTD organic teas sold in cans are immensely popular among this consumer group as the 100% recyclability of aluminum cans attracts those who are particularly conscious about their environmental footprint.

Studies claim that aluminum cans are less costly to fill and transport and easier to stock and stack as compared to glass bottles, which leads to less breakage. The Southwest region is anticipated to register the fastest CAGR of 5.4% during the forecast period. RTD organic tea is majorly sold through supermarkets and hypermarkets in the Southwest region of the U.S. Key local players are opening new stores to gain maximum customers. For instance, in March 2021, H-E-B Grocery Company, a supermarket chain in Texas, announced to open two new stores in Frisco and Plano, one in each city, by the end of 2022. These market trends are anticipated to boost product sales through supermarkets and hypermarkets distribution channels in the region over the forecast period. 

Request a free sample copy or view report summary: U.S. RTD Organic Tea Market Report

U.S. RTD Organic Tea Market Report Highlights

  • The demand for organic tea is estimated to increase at a rapid pace over the coming years due to its multiple health benefits
  • Through various studies, it has been found that it helps enhance digestive health by improving the activity of healthy bacteria in the gut. Furthermore, it contains theanine, which reduces anxiety
  • The black RTD organic tea type segment accounted for the largest revenue share in 2020 and will expand further at a steady CAGR from 2021 to 2028 retaining the leading position in the market
  • New product launches, innovations, and packaging upgradations in relation to organic RTD beverages are some of the strategies adopted by the key players to gain a higher market share
  • Southeast is expected to record the fastest growth rate from 2021 to 2028 due to the growing consumption of RTD beverages in states including Illinois and Texas

Access Press Release@ https://www.grandviewresearch.com/press-release/us-rtd-organic-tea-market-analysis

U.S. RTD Organic Tea Market Segmentation

Grand View Research has segmented the U.S. RTD organic tea market on the basis of type, distribution channel, and region:

U.S. RTD Organic Tea Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Black
  • Green
  • Herbal
  • Others

U.S. RTD Organic Tea Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online

U.S. RTD Organic Tea Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • Southeast
  • Northeast
  • Midwest
  • West
  • Southwest

List of Key Players of U.S. RTD Organic Tea Market

  • Unilever
  • The Coca Cola Company
  • AriZona Beverages USA
  • Tama Tea
  • Numi, Inc.
  • ITO EN (North America), Inc.
  • Teatulia, PBC
  • Harney & Sons Fine Teas
  • Guayakí Yerba Mate
  • Tejava
  • Hain Celestial
  • Zevia

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.

Buccal Drug Delivery Systems Market is Projected to Boost USD 5.9 Billion by 2028: Grand View Research Inc.

 Buccal Drug Delivery Systems Market Growth & Trends

The global buccal drug delivery systems market size is expected to reach USD 5.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.2% from 2021 to 2028. Buccal drug delivery systems have gained significant momentum since the last decade. Elimination of first-pass metabolism, quick absorption of the pH-sensitive drug, no interaction with stomach acid, quicker onset of action than any oral dose, minimal side effects, and reduced drug degradation are some of the factors fueling the market growth. Buccal drug delivery has gained large acceptance among geriatric patients and patients having difficulty swallowing.

Leading players like Generex, NovaDel, Biodiversity Sciences International, and Transcept Pharmaceuticals are constantly developing critical drugs like insulin, heparin, morphine, long-lasting pain analgesics, and some anti cardiac drugs into rapid mists, mucoadhesive discs, and lozenges. Commercialization of this research would eventually lead to being a major life savior as it would ensure the faster onset of action and eliminate drug degradation. Despite the increased R&D activity among market players, asteep decline was observed in the sales and revenue gainsdue to the outbreak of the Covid-19 pandemic. Except for covid medications, several other drug markets were majorly hit leading to the dip in the market for buccal drug delivery. However, it is expected to bounce back by 2022.

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Buccal Drug Delivery Systems Market Report Highlights

  • The buccal tablets and lozenges type segment accounted for the largest revenue share in 2020 due to its wider acceptance among patients
  • The smoking cessation application segment held the largest share in 2020. Buccal drug delivery is often the most preferred and effective formulation for treating patients with smoking or nicotine addiction
  • The hospital end-user segment captured the largest revenue share in 2020 owing to a large number of admissions of geriatric patients and abundant medication supplies
  • North America held the largest revenue share in 2020 due to a large number of leading manufacturers and growing research in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/global-buccal-drug-delivery-systems-market

Buccal Drug Delivery Systems Market Segmentation

Grand View Research has segmented the global buccal drug delivery systems market on the basis of type, application, end-user, and region:

Buccal Drug Delivery Systems Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Sublingual Films
  • Buccal Tablets and Lozenges
  • Oral Sprays

Buccal Drug Delivery Systems Application Outlook (Revenue, USD Million, 2016 - 2028)

  • Pain Management
  • Smoking Cessation
  • Angina Pectoris
  • Others

Buccal Drug Delivery Systems End-user Outlook (Revenue, USD Million, 2016 - 2028)

  • Hospitals
  • Ambulatory Centers
  • Others

Buccal Drug Delivery Systems Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Buccal Drug Delivery Systems Market

  • Teva Pharmaceutical Industries Ltd.
  • Pfizer Inc.
  • GlaxoSmithKline plc.
  • Indivior Pharmaceuticals
  • Generex Biotechnology
  • Catalent
  • ARx LLC
  • BioDelivery Sciences International, Inc.
  • Cynapsus Therapeutics Inc. 
  • Endo Pharmaceuticals plc

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.

Rat And Mouse Model Market Revenue Sales to Reach USD 2.9 Billion by 2028: Grand View Research Inc.

 Rat And Mouse Model Market Growth & Trends

The global rat and mouse model market size is anticipated to reach USD 2.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.5% from 2021 to 2028. Recent advancements in the field of genetic engineering including piggyBac technologies, Cas-CLOVER, and CRISPR/Cas9 facilitate researchers to develop immunodeficient rat models which can be used for human cell/tissue regeneration and transplants.

Key companies have leveraged advanced technologies such as machine learning, big data analytics, genome engineering tools, and next-generation sequencing technology to develop mouse and rat models with more human-like microbiomes, immune systems, and genetic backgrounds. For instance, models from the Jackson Laboratory reflect the genetic diversity showcased by the human population.

Market participants are focused to develop novel methods to certify that in vivo and in vitro testing complement each other. In this regard, an increase in the adoption rate of organoid systems has been observed. These systems guide engineering as well as enhance the use and selection of animal models. Moreover, the rise in utilization of mouse model in the analysis of SARS-CoV-2 infection in upper and lower respiratory tract infections drives the global market.

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Rat And Mouse Model Market Report Highlights

  • The outbred model system generated the largest revenue amongst model type as outbred strains are genetically diverse and feature well-characterized, stable genetic variation which accurately reflects the genetic structure of human populations
  • Therefore, outbred strains such as the Diversity Outbred (DO) mice are used to analyze the genetic complexity behind cancer, autoimmune disorders, addiction, obesity, heart disease, diabetes, and Alzheimer's disease
  • The CRISPR/Cas9 segment is anticipated to witness the fastest CAGR from 2021 to 2028 as CRISPR/Cas9 can target any definite exons for exclusion or inclusion within an mRNA
  • Additionally, the use of the CRISPR/Cas9 system to generate the knockout mouse models simplifies the whole process and reduces the timeframe from 1-2 years to 6 months
  • The cryopreservation segment is expected to gain significant traction during the forecast period
  • The technique provides a fast and reliable procedure for archiving sperm and embryos of valuable mice strains
  • Cancer is the largest revenue-generating application segment as the mouse and human genomes are homologous. Thus, it provides a good tool for cancer research as well as for drug discovery
  • Pharmaceutical and biotechnology companies dominated the end-use segment in terms of revenue share in 2020. Rat and mice models are some of the most used animal models in drug discovery
  • Techniques such as CRISPR/Cas9, homologous recombination, and random transgenesis help the biotech and pharma companies to analyze hypotheses or to generate rat models for human diseases
  • Genetically engineered models play a vital role to assess and characterize target identification, disease pathology, and in vivo assessment of new molecular entities
  • Profitable opportunities offered by the developing nations and have attracted investments from global companies in the Asia Pacific region
  • For instance, in July 2021, ERS Genomics Limited signed a non-exclusive license agreement with Japan SLC. This provided the latter access to CRISPR/Cas9 patent portfolio offered by ERS Genomics
  • As Japan SLC offers transgenic, hybrid, congenic, immunodeficient, inbred, and outbred animal models to research organizations; an addition of CRISPR/Cas9 technology will enhance its portfolio for rat and mouse models in Japan

Access Press Release@ https://www.grandviewresearch.com/press-release/global-rat-mouse-model-market

Rat And Mouse Model Market Segmentation

Grand View Research has segmented the global rat and mouse model market based on type, technology, service, application, end-use, and region:

Rat And Mouse Model Type Outlook (Revenue, USD Million, 2018 - 2028)

  • Knockout
  • Knock-in
  • Outbred
  • Inbred
  • Others

Rat And Mouse Model Technology Outlook (Revenue, USD Million, 2018 - 2028)

  • Nuclear transferase
  • Microinjection
  • Embryonic stem cells
  • CRISPR/Cas9
  • Other Technologies

Rat And Mouse Model Service Outlook (Revenue, USD Million, 2018 - 2028)

  • Cryopreservation
  • Breeding
  • Rederivation
  • Genetic testing
  • Quarantine depending
  • Others

Rat And Mouse Model Application Outlook (Revenue, USD Million, 2018 - 2028)

  • Cardiovascular diseases
  • Genetic diseases
  • Cancer
  • Infectious diseases
    • COVID-19
    • Others
  • Transplantation
  • Toxicology studies
  • Others

Rat And Mouse Model End-use Outlook (Revenue, USD Million, 2018 - 2028)

  • Pharmaceutical & biotechnology companies
  • Academic and research facilities
  • Contract research & manufacturing organizations 

Rat And Mouse Model Regional Outlook (Revenue, USD Million, 2018 - 2028)

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

List of Key Players of Rat And Mouse Model Market

  • Charles River Laboratories International, Inc.
  • The Jackson Laboratory
  • Laboratory Corporation of America Holdings (Covance)
  • Perkin Elmer (Horizon Discovery Group plc)
  • genOway
  • Envigo
  • JANVIER LABS
  • Taconic Biosciences, Inc.
  • Biomedical Research Models (Biomere)
  • Transpogen Biopharmaceutical, 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.

Retail Coolers Market Significant Profits Estimated to be Generated by 2028: Grand View Research Inc.

 Retail Coolers Market Growth & Trends

The global retail coolers market size is expected to reach USD 2.3 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.2% from 2021 to 2028. The growing popularity of outdoor recreational activities such as off-roading and hiking among travelers is a leading factor driving the market.

Rising demand for packaged food and beverages, along with the rapid expansion of the hospitality sector, has led to substantial market growth. The ongoing expansion of consumer goods retail chains across the globe is also likely to drive the market further. A cooler or an icebox presents a great advantage all year round.

In addition, better technologies used for manufacturing lightweight chillers that can retain ice for a longer duration will contribute to market growth over the coming years. It offers the comfort of storage space, particularly while traveling for picnics, long drives, fishing trips, camping, and boating, among many others.

In terms of value, coolers with a capacity of above 50 quarts segment dominated the market, which is expected to account for the largest market share over the forecast period. These large-capacity retail coolers are perfect for long road trips, days spent at campsites, and for sporting events. Additionally, the product is often equipped with heavy-duty wheels to roll the cooler through tough terrain with the rigged wheels while it’s fully loaded.

North America held the largest share in the year 2020, on account of the inclination of people in America towards outdoor recreational activities, short trips, and picnics. According to the prevailing trends, consumers in the U.S. and Canada prefer to travel short distances with hassle-free planning and retail coolers are a convenient option for them.

The COVID-19 outbreak has adversely impacted the demand for retail coolers quite significantly across the globe, especially from the hospitality sector. The closure of non-essential businesses has been one of the major changes to have taken place over the past few months, with the food-service industry being adversely affected.

Request a free sample copy or view report summary: Retail Coolers Market Report

Retail Coolers Market Report Highlights

  • The below 10 quarts segment is projected to witness a CAGR of 8.2% over the forecast period
  • In terms of distribution channels, the offline segment accounted for the largest revenue share of 83.6% in 2020. However, the online segment is projected to witness the fastest CAGR of 8.2% over the forecast period
  • The above 50 quarts segment held the largest revenue share of 54.3% in the year 2020. These retail coolers possess higher ice retention capacity, i.e., up to five days, and can have a capacity of 70 quarts. These large-capacity retail coolers are perfect for long road trips, days spent at campsites, and for sporting events
  • North America held the largest revenue share of 38.0% in 2020. The high inclination of people in America towards outdoor recreational activities, short trips, and picnics is fueling the demand for retail coolers in the market

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

Retail Coolers Market Segmentation

Grand View Research has segmented the global retail coolers market on the basis of capacity, distribution channel, and region:

Retail Cooler Capacity Outlook (Revenue, USD Million, 2016 - 2028)

  • Below 10 quarts
  • Between 11 to 25 quarts
  • Between 26 to 50 quarts
  • Above 50 quarts

Retail Cooler Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

  • Online
  • Offline

Retail Cooler Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
  • Europe
    • UK.
    • Germany
  • Asia Pacific
    • China
    • Japan
    • Australia
  • Central & South America
    • Brazil
  • Middle East & Africa (MEA)

List of Key Players of Retail Coolers Market

  • Polar Bear Coolers
  • Lifoam Industries LLC
  • ORCA Coolers, LLC
  • Plastilite Corporation
  • ICEE Containers Pty Ltd.
  • Bison Coolers
  • Grizzly Coolers LLC
  • Huntington Solutions
  • The Coleman Company, Inc.
  • YETI 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.

Thursday, 31 March 2022

Fruit And Vegetable Chips Market to Register Stable Expansion During 2021 – 2028: Grand View Research Inc.

 Fruit And Vegetable Chips Market Growth & Trends

The global fruit and vegetable chips market size is expected to reach USD 78.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.4% from 2021 to 2028. Consumers' interest is shifting towards heal thier snacking alternatives over conventional fried snacks as they help in fulfilling the nutritional gap. The increasing prevalence of health issues such as obesity and rising focus towards clean and healthy eating is expected to drive the market.

Consumers are increasingly becoming aware of the negative impacts of fried snacks on their health as they contain high amounts of saturated fats and calories. Moreover, increasing innovative launches by product manufacturers with plant-based ingredients and veggies is augmenting market growth.

Under vegetable chips, potato chips held the largest share in 2020. The high consumer preference for potato chips and rising availability of it in novel flavors and gluten-free range is likely to drive its demand. The growth is supported by product launches by most recognized brands. For instance, in July 2021, Frito Lay launched its new range of potato chips Doritos Cool Ranch and Funyuns Onion.

The fruit chips segment is expected to exhibit a higher CAGR from 2021 to 2028. Consumers are seeking new and innovative ways to enjoy their daily intake of fruits, which is shifting their inclination towards functional and sustainable fruit chips. Constant product launches are driving the segment growth. For instance, in July 2021, RIND Snacks, Inc launched its new range of thin-cut fruit chips in exotic flavors of oranges, kiwis, and apples. The product offers with benefits of natural fiber, and vitamins and antioxidants.

The market is consolidated in nature with the presence of a large number of international players and a few regional players. Luke's Organic, PepsiCo, The Kellogg Company, Calbee North America, Seneca Foods Corp., Hain Celestial, Herr Foods Inc., Campbell Soup Company, Utz Brands, Inc., Greenday are the prominent players in the global market.

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Fruit And Vegetable Chips Market Report Highlights

  • Asia Pacific is expected to contribute a majority of the share to become the largest market in 2020. Consumers eating preferences in China has shifted towards healthy snacks that are preservative-free and contain minerals
  • The mix vegetable chips segment is projected to register the fastest CAGR of 7.3% from 2021 to 2028 as consumers prefer to eat chips containing more vegetables rather than be limited to only a single vegetable
  • The apple fruit chips segment is expected to register significant growth during the forecast period. Apple chips in dried form fulfill the demand for a quick and filling snacks, which is driving its growth
  • The online segment is expected to register a CAGR of 6.6% from 2021 to 2028 owing to the shifting consumer’s shopping patterns

Access Press Release@ https://www.grandviewresearch.com/press-release/global-fruit-and-vegetable-chips-market

Fruit And Vegetable Chips Market Segmentation

Grand View Research has segmented the global fruit and vegetable chips market on the basis of product, distribution channel, and region:

Fruit & Vegetable Chips Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Vegetable
    • Potato
    • Sweet Potato
    • Beetroot
    • Carrot
    • Mix
    • Others
  • Fruit
    • Apple
    • Banana
    • Mango
    • Mix
    • Others

Fruit & Vegetable Chips Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

  • Offline
  • Online

Fruit & Vegetable Chips Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
  • Europe
    • UK.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa
    • South Africa

List of Key Players of Fruit and Vegetable Chips Market

  • Luke's Organic
  • PepsiCo
  • The Kellogg Company
  • Calbee North America
  • Seneca Foods Corp.
  • Hain Celestial
  • Herr Foods Inc.
  • Campbell Soup Company
  • Utz Brands, Inc.
  • Greenday

About Grand View Research

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

U.S. Clinical Trials Market Trends Regulations And Competitive Landscape Outlook to 2028

 U.S. Clinical Trials Market Growth & Trends

The U.S. clinical trials market size is expected to reach USD 32.4 billion by 2028, registering a CAGR of 5.3% over the forecast period, according to a new report by Grand View Research, Inc. The shift towards personalized medicine, increasing R&D investments, and growing disease variation, as well as prevalence, are favoring the market growth. There has been a rise in the prevalence of diseases due to which, pharmaceutical companies are increasing their R&D expenditure to launch new therapeutics in the market. That has, in turn, increased the clinical trial value and complexity. Furthermore, the lower cost of clinical trials as a result of outsourcing services has strengthened clinical trial services in the U.S. As the number of people affected by the coronavirus has reached one million, the rapid spread of the virus around the globe is causing significant challenges to clinical trials and may forever change the way future trials are conducted.

The hospitals & clinics are less accessible, and it is unsafe and extremely difficult for patients enrolled in clinical trials to travel to sites. The current pandemic has placed a huge strain on the industry and is also likely to affect data analysis and interpretation. But that has also led to discoveries of conducting clinical trials effectively and efficiently. One such approach is to use Artificial Intelligence (AI) technology for clinical trials. Artificial intelligence uses software apps, data analytics, virtual monitoring, and online platforms to conduct every step of the clinical trial process, including patient recruitment, counseling, and consent. It helps in increasing precision and focuses on the efficiency of clinical trials. Thus, AI-generated technology has been gaining momentum as a healthcare offering, and the COVID-19 is adding more fuel to this initiative.

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U.S. Clinical Trials Market Report Highlights

  • The phase III segment accounted for the largest revenue share in 2020. However, the phase I segment is estimated to register the fastest CAGR from 2021 to 2028
  • Patent expirations of blockbuster drugs and global financial crisis are factors expected to propel the market growth over the forecast period
  • The interventional design segment accounted for the largest share in 2020 and will expand further at a steady CAGR retaining the leading position over the forecast period
  • The oncology segment dominated the market in 2020 owing to the increasing number of cancer cases
  • The cardiovascular segment is also expected to witness significant growth over the forecasted period

Access Press Release@ https://www.grandviewresearch.com/press-release/us-clinical-trials-market-analysis

U.S. Clinical Trials Market Segmentation

Grand View Research has segmented the U.S. clinical trials market on the basis of phase, study design, and indication:

U.S. Clinical Trials Phase Outlook (Revenue, USD Million, 2016 - 2028)

  • Phase I
  • Phase II
  • Phase III
  • Phase IV

U.S. Clinical Trials Study Design Outlook (Revenue, USD Million, 2016 - 2028)

  • Interventional Studies
  • Observational Studies
  • Expanded Access Studies

U.S. Clinical Trials Indication Outlook (Revenue, USD Million, 2016 - 2028)

  • Autoimmune/Inflammation
    • Rheumatoid Arthritis
    • Multiple Sclerosis
    • Osteoarthritis
    • Irritable Bowel Syndrome (IBS)
    • Others
  • Pain Management
    • Chronic Pain
    • Acute Pain
  • Oncology
    • Blood Cancer
    • Solid Tumors
    • Other
  • CNS Conditions
    • Epilepsy
    • Parkinson’s Disease (PD)
    • Huntington’s Disease
    • Stroke
    • Traumatic Brain Injury (TBI)
    • Amyotrophic Lateral Sclerosis (ALS)
    • Muscle Regeneration
    • Others
  • Diabetes
  • Obesity
  • Cardiovascular
  • Others

List of Key Players of U.S. Clinical Trials Market

  • Parexel International Corp.
  • Charles River Laboratory
  • PRA Health Sciences
  • Wuxi AppTec
  • Eli Lilly and Company
  • Novo Nordisk A/S
  • Clinipace

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 Polycarbonate For Electrical And Electronics Market Industry Analysis , Opportunity Assessment And Forecast Till 2028: Grand View Research Inc.

 North America Polycarbonate For Electrical And Electronics Market Growth & Trends

The North America polycarbonate for electrical and electronics market size is anticipated to reach USD 1.06 billion by 2028, according to a new report by Grand View Research, Inc., growing at a CAGR of 3.7% over the forecast period. The product usage in the electrical and electronics market is anticipated to grow due to a rise in the automotive and construction industries in North American countries. This is due to the fact that PC is widely being developed as a material for solar roofs for future mobility applications in Electric Vehicles (EVs) as well as housings for lights and other electrical components, such as switches, sockets, and switchboards, used in residential and commercial structures.

Rising e-commerce and logistics operations are expected to drive the demand for commercial vehicles, thus propelling the demand for PC in lamps enclosures of vehicles. Moreover, the concept of automated warehouses has driven the demand for autonomous robots. Many Original Equipment Manufacturers (OEMs) of autonomous robots use PC as a material for their enclosures.

The U.S. entertainment industry is the largest in the world and includes streaming content, motion pictures, video games, television programs, and commercials. Polycarbonate offers similar properties to that of metal alloys in terms of impact resistance, heat and chemical resistance, and durability to be used in enclosures of consumer electronic devices. With the shift toward digital production and distribution the demand for electronic devices is expected to grow considerably, thereby driving the product demand.

Polycarbonate offers a higher impact-resisting capacity & thermal stability than glass and is lightweight. This makes it an alternative material to glass in lighting applications for residential, commercial, and industrial structures. Moreover, it offers ease in processability option in the housing of LED source as it can be formed into countless shapes and sizes by shaping resins through sheet extrusion and injection molding processes.

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North America Polycarbonate For Electrical And Electronics Market Report Highlights

  • The market was valued at USD 660.09 million in 2020 and is estimated to grow at a CAGR of 3.7% from 2021 to 2028
  • The IT electronics end-use segment is expected to witness the highest CAGR over the forecast period owing to the rising demand for 5G applications, audio, video equipment, and IT servers as a result of the growing IT sector
  • Electrical enclosures accounted for the maximum revenue share of the overall market in 2020. The reduction in the cost of end products offered by PC along with its lightweight characteristics, and some similar properties to metal alloys have propelled its demand in electrical enclosures applications
  • S. accounted for the largest revenue share of the overall market in 2020 and is expected to witness steady growth from 2021 to 2028
  • In July 2021, Samsung SDI Co., Ltd. announced its plan to set up a battery cell plant in the U.S. to support the auto industry’s shift to electrification and is in talks with major automakers including Ford Motors Company and Stellantis N.V. to establish a joint venture for EV manufacturing
  • The rising investments in EVs are expected to result in driving the product demand in vehicle headlamps applications

Access Press Release@ https://www.grandviewresearch.com/press-release/north-america-polycarbonate-electrical-electronics-market-analysis

North America Polycarbonate For Electrical And Electronics Market Segmentation

Grand View Research has segmented the North America polycarbonate for electrical and electronics market on the basis of end-use and country:

NA PC for Electrical & Electronics End-use Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • Electrical Components
    • Electrical Connectors
    • Plugs
    • Sockets
    • Wall Plates
  • Entertainment
    • Gaming
    • Laptops
    • Handheld Devices (mobile phones & tablets)
    • Television
  • IT Electronics
    • 5G Applications
    • Audio/Video Equipment
    • IT Servers
  • Electrical Enclosures
  • Electrical Fuse Boxes
  • Electrical Meter Boxes
  • Lighting
    • Residential & Commercial
    • Medical
    • Transportation
      • Passenger Cars
      • Light Commercial Vehicles (LCV)
      • Heavy Commercial Vehicles (HCV)

NA PC for Electrical & Electronics Country Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • US.
  • Canada
  • Mexico

List of Key Players of North America Polycarbonate For Electrical And Electronics Market

  • Trinseo S.A.
  • Formosa Chemicals & Fibre Corp.
  • Chimei Corp.
  • Teijin Ltd.
  • Covestro AG
  • SABIC
  • Lotte Chemical Corp.
  • LG Chem
  • Samsung SDI Co., Ltd.
  • Mitsubishi Chemical 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.

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