U.S. Skilled Nursing Facility And Rehabilitation Market Projected To Be Worth USD 281.6 Billion By 2028: Grand View Research Inc.

 U.S. Skilled Nursing Facility And Rehabilitation Market Growth & Trends

The U.S. skilled nursing facility and rehabilitation market size is expected to reach USD 281.6 billion by 2028, expanding at a CAGR of 3.4%, according to a new report by Grand View Research, Inc. The growing incidences of chronic conditions such as diabetes, paralysis, and hypertension and the rising geriatric population are factors expected to fuel the market over the next few years. In 2019, the geriatric population over 65 has increased up to 9.0% out of which 14.3 majorities of adults above the age of 65 years suffered from chronic disease and need these facilities. Medicare and Medicaid availability and the growing technologies will play a driving role for the market in the coming years.

To cope with the COVID-19 situation, in November 2020, the Centers for Medicare and Medicaid Services released guidelines for skilled nursing facilities to help curb the spread of the novel COVID-19 infection. These measures include physical distancing (maintain a distance of 6 feet from people), wearing a face mask, and limiting the number of visitors (keeping it one at a time). Majority of these facilities were not allowed to accept new residents and did not have new revenue streams for the additional expenses associated with the virus, which had a negative impact on the sector.

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U.S. Skilled Nursing Facility And Rehabilitation Market Report Highlights

• The freestanding segment dominated the market in 2020 due to its lower cost compared to the hospital-based facility. The segment is expected to continue its dominance and witness a significant growth rate over the forecast period
• Skilled nursing facilities are reimbursed by medicare part A and B resulting in more sustainability, thereby propelling the growth of the market
• The market includes small and large players, leading to higher competition among smaller players to sustain their market position. The market is quite open for new entrants due to government support and great reimbursement policies
• Mergers and acquisitions are key strategic initiatives undertaken by market players to sustain in the competitive market. For instance, in December 2020, The Ensign Group, Inc. acquired Hays Nursing and Rehabilitation Center, a 116-bed skilled nursing facility located in Texas
• To provide skilled nursing and rehabilitation service during the COVID-19 pandemic, many skilled nursing and rehabilitation facilities came up with remote programs to serve the patients remotely. For instance, Mount Sinai Health System is using MindMaze’s MindMotionGO platform, to track body movements of patients using optical motion-capture technology. It enables the therapist to monitor the motor recovery process. With the help of such technological solutions, the continuation of rehabilitation services during the pandemic is possible, while reducing the burden on hospitals and other facilities

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U.S. Skilled Nursing Facility And Rehabilitation Market Segmentation

Grand View Research has segmented the U.S. skilled nursing facility and rehabilitation market on the basis of type of facility:

U.S. Skilled Nursing Facility And Rehabilitation Type of Facility Outlook (Revenue, USD Billion, 2016 - 2028)

• Freestanding
• Hospital

List of Key Players of U.S. Skilled Nursing Facility And Rehabilitation Market

• Brookdale Senior Living, Inc
• The Ensign Group, Inc
• Genesis Healthcare, Inc
• Extendicare
• Sunrise Senior Living, LLC
• ProMedica
• Golden Living Centers
• Life Care Centers of Amer

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.

Metaverse Market to Reflect Robust Expansion During 2022-2030: Grand View Research Inc.

 Metaverse Market Growth & Trends

The global metaverse market size is predicted to attain USD 678.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 39.4% over the forecast period, owing to increasing demand from end-use industries, which prominently include media and entertainment, education, and aerospace and defense is anticipated to propel the industry growth over the forecast period. The metaverse market is also growing due to the steady adoption of XR technologies to enhance user experience on various platforms. The growing demand for metaverse to purchase digital assets using cryptocurrencies is expected to drive the market significantly. The development and distribution of Augmented reality (AR), Virtual Reality (VR), and Mixed Reality (MR) devices are anticipated to spur market growth in years to come.

The prefix "meta" is commonly used in Greek to denote "after" or "beyond." The metaverse is a three-dimensional interactive and immersive environment where several people can interact through avatars. The usage of the metaverse to purchase digital assets using bitcoin is becoming more popular around the world. Gaming websites, messaging applications, and social media platforms such as Facebook are being used to communicate with one another online. The metaverse is the advent of new online environments in which people's interactions are more multidimensional and they can engage more deeply with digital content rather than merely reading it.

The metaverse is widely used as a real-time virtual world to build and leverage vast opportunities for brand connection. It would also set the stage for the next phase of post-COVID-19 digital activity, namely the emergence of digital social experiences. On Metaverse platforms that allow blockchain technology to be utilized, users can create, own, and trade autonomous digital assets and virtual regions using cryptocurrencies like Bitcoin and Ethereum, as well as nonfungible tokens (NFTs). During the forecast period, rising demand for blockchain-based metaverse networks and platforms for trading digital assets is expected to drive considerable market revenue growth. One of the major factors driving the future expansion of the metaverse business is the rise of the gaming industry.

Recent Developments:

• In January 2022, The Sandbox has announced a partnership with Warner Music Group to launch the first music-themed world in The Sandbox metaverse. Warner Music Group (WMG) would be taking its initial steps into the metaverse and NFT sector with this alliance
• In November 2021, Tencent has announced that it has partnered with The Asian Institute of Digital Finance. The companies will collaborate in the areas of education, research, and entrepreneurship to support Asia’s fintech industry
• In November 2021, Epic Games, Inc acquired Harmonix Music Systems, Inc. While continuing to support existing products such as Rock Band 4, the Harmonix team will work closely with Epic Games, Inc to develop musical adventures and gameplay for Fortnite
• In October 2021, Facebook Reality Labs was estimated to spend at least USD 10 billion on the development of Augmented Reality (AR) and Virtual Reality (VR) hardware, software, and content. Facebook Reality Labs is the division of Meta Platform, Inc, which was formerly known as Facebook, Inc.
• In July 2021, Epic Games, Inc. acquired Sketchfab, Inc. Sketchfab is a 3D asset marketplace where users can publish, download, view, share, sell, and buy 3D models
• In June 2021, Tencent's game division, TiMi Studios had announced a new agreement with SNK CORPORATION to produce a new, unnamed mobile game based on the famous arcade franchise Metal Slug
• In March 2021, NetEase, Inc’s NetEase Cloud Music, and Merlin Network have expanded their strategic alliance in China to embrace a broader range of collaboration. The original partnership between Merlin Network and NetEase Cloud Music was signed in 2018
• In December 2017, ByteDance Ltd. and EQUALS formed a partnership. EQUALS is a global network of CEOs, governments, non-profit organizations, communities, and individuals working to close the digital gender gap. The formal agreement was revealed at a ceremony hosted by Bytedance in Beijing during the Global Festival of AI, which included representatives from both organizations

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Metaverse Market Report Highlights

• The hardware sub-segment in the product segment dominated the global metaverse market in 2021 and accounted for the largest market share, owing to the increased adoption of AR, VR, and MR devices
• Displays captured the highest revenue share in the hardware sub-segment in 2021 whereas, programming engines dominated the software sub-segment with the largest market share
• Desktop and headsets dominated the market with 42.2% and 34.9% of the total revenue shares in 2021, respectively, and are projected to remain the highest revenue-generating segments during the forecast period
• The VR and AR technology sector held the largest revenue share in 2021 as multiple industries such as gaming, healthcare, education, and entertainment have increasingly incorporated VR and AR technology for numerous purposes. Human resource domains are also incorporating the use of VR and AR devices for employee training
• In terms of offerings, the virtual platform segment accounted for the largest market share in 2021 and is anticipated to exhibit significant growth, owing to the increased adoption of these platforms for multiple uses such as adverting, branding, and academics. Many key players have also realized that virtual platforms help reduce capital expenditures and operating expenses
• The gaming segment is projected to dominate the application segment. The content and social media segment is anticipated to witness considerable growth over the forecast period owing to the increased demand for social media applications
• The North American region accounted for the largest market share in 2021, owing to the high adoption of metaverse platforms
• The Asia Pacific region is likely to witness a robust growth rate over the forecast period, owing to factors such as demand for a better viewing experience, an increasing number of start-ups like OneRare, LOKA, and Bolly Heroes

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Metaverse Market Segmentation

Grand View Research has segmented the global metaverse market based on product, platform, technology, offering, application, end use, and region:

Metaverse Product Outlook (Revenue, USD Million, 2017 - 2030)

• Hardware
  • Displays
  • eXtended Reality (XR) Hardware
    • Haptic Sensors & Devices
    • Smart Glasses
    • Omni Treadmills
  • AR/VR Headsets
  • Others
• Software
  • Asset Creation Tools
  • Programming Engines
• Services

Metaverse Platform Outlook (Revenue, USD Million, 2017 - 2030)

• Desktop
• Mobile
• Headsets

Metaverse Technology Outlook (Revenue, USD Million, 2017 - 2030)

• Blockchain
• Virtual Reality (VR) & Augmented Reality (AR)
• Mixed Reality (MR)
• Others

Metaverse Offering Outlook (Revenue, USD Million, 2017 - 2030)

• Virtual Platforms
• Asset Marketplaces
• Avatars
• Financial Services

Metaverse Application Outlook (Revenue, USD Million, 2017 - 2030)

• Gaming
• Online Shopping
• Content Creation & Social Media
• Events & Conference
• Digital Marketing (Advertising)
• Testing and Inspection
• Others

Metaverse End-use Category Outlook (Revenue, USD Million, 2017 - 2030)

• BFSI
• Retail
• Media & Entertainment
• Education
• Aerospace and Defense
• Automotive
• Others

Metaverse Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Metaverse Market

• Meta Platforms, Inc.
• Tencent Holdings Ltd.
• ByteDance Ltd.
• NetEase, Inc.
• Nvidia Corporation
• Epic Games, Inc.
• Roblox Corporation
• Unity Technologies, Inc.
• Lilith Games
• Nextech AR Solutions Corp.
• The Sandbox
• Active Theory
• Decentraland
• Microsoft Corporation

About Grand View Research

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

Facial Implant Market Poised to Expand at a Robust Pace Over 2030: Grand View Research Inc.

 Facial Implant Market Growth & Trends

The global facial implant market size is expected to reach USD 4.6 billion by 2030, registering a CAGR of 8.2% according to a new report by Grand View Research, Inc. Increasing incidences of facial injuries, demand for non surgical facial rejuvenation surgery and the introduction of technologically advanced 3D printed implants for facial reconstruction are expected to drive the facial implant market over the forecast period.

In addition, rising initiatives in a probe to increase awareness regarding aesthetic surgery are expected to drive the industry growth in near future. For instance, The American Society of Plastic Surgeons (ASPS) support, educate and advocate improved patient care & work towards enhancing awareness levels pertaining to aesthetics in the U.S.

It also conducts periodic medical conferences, thereby, educating surgeons on latest techniques in the field of cosmetic surgery. Furthermore, growing geriatric population and adoption of cosmetic procedures are some factors contributing towards the growth of the market over the forecast period.

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Facial Implant Market Report Highlights

• Global facial implant procedure market growth is attributed by factors such as the growing demand for minimally invasive surgery and the prevalence of target disorders.
• The procedure market was dominated by eyelid surgery owing to, the increasing demand for blepharoplasty procedures for the treatment of puffy eyelids, excessive fats reduction & vision correction
• Chin and mandibular implants dominated the product segment at over 25.0% share in 2014, owing to the increasing number of reconstructive chin augmentation procedures
• Injectables are expected to witness significant growth over the forecast period due to the growing demand for minimally invasive surgeries pertaining to facial reconstruction surgeries
• North America was the largest regional facial implants market, valued at over USD 900.0 million in 2014. The region’s market position is attributed to factors such as the increasing expenditure on aesthetic procedures, growing awareness levels pertinent to facial rejuvenation surgery, and the presence of sophisticated healthcare infrastructure.
• Asia Pacific is expected to register lucrative growth of over 7.0%, owing to constantly improving healthcare infrastructure, and demand for non-surgical aesthetic procedures. Lower procedural costs & increasing medical tourism in this region are also likely to boost growth.
• Key players of the facial implants market include Implantech Associates Inc., Eurosurgical, Wanhe Plastic Materials, Medartis AG, Kanghui Medical Innovation Co. Ltd., OsteoMed, Stryker Corp., Spectrums Design Medical, KLS Martin L.P., Sientra Inc, Johnson & Johnson, Integra LifeSciences, Gore Medical, Sebbin, TMJ Concepts, Zimmer-Biomet Inc, and Hanson Medical, Inc.

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Facial Implant Market Segmentation

Grand View Research has segmented the facial implant market on the basis of product, material, procedure, and region:

Facial Implant Product Outlook (Revenue, USD Million, 2018 - 2030)

• Chin and Mandibular
• Cheek
• Nasal
• Injectables

Facial Implant Material Outlook (Revenue, USD Million, 2018 - 2030)

• Metal
• Biologicals
• Polymers
• Ceramic

Facial Implant Procedure Outlook (Revenue, USD Million, 2018 - 2030)

• Eyelid Surgery
• Facelift
• Rhinoplasty

Facial Implant Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List Of Key Players Of Facial Implant Market

• Zimmer Biomet
• Depuy Synthes
• Stryker Corp.
• Medartis AG
• EUROS
• Xilloc
• KLS Martin Group
• Hanson Medical, Inc.
• Integra LifeSciences
• OsteoMed
• Sientra 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.

All-terrain Vehicle Market Expected To Propel Industry Growth By 2030: Grand View Research Inc.

 All-terrain Vehicle Market Growth & Trends

The global all-terrain vehicle market size is expected to reach USD 1.92 billion by 2030, registering a CAGR of 5.2% during the forecast period, as per a new report by Grand View Research, Inc. The development of off-road terrains, trails, and recreational parks is projected to boost the demand for All-terrain Vehicles (ATVs) by 2030. Moreover, governments’ initiatives to enhance tourism and recreational activities have supported the sales of ATVs. For instance, the Travel Management & Off-Highway Vehicle (OHV) Program announced by the U.S. Forest Service aims to increase the awareness and popularity of trails in North America.

Factors such as the growing popularity of off-road racing events and increased advertising have fueled the demand for ATVs across the globe. For instance, in January 2019, the Desert Series Pro ATV tournament involved ATV enthusiasts and many off-road vehicles which contributed to the adoption of ATVs. Additionally, growth in investments from sponsors is anticipated to boost the growth of the market by 2030.

Over the past few years, economic growth in developing economies, such as India and China, has resulted in higher disposable incomes and purchasing power of individuals, creating more spending capacity. This, in turn, supports the travel and tourism industry. As per the data published by the World Travel and Tourism Council (WTTC), the global tourism sector grew by 3.9% in 2018. The development of the tourism sector has led to a significant increase in recreational activities, thereby driving the demand for ATVs.

North America dominated the ATV market in 2021. This can be attributed to the presence of vast and diverse landscapes in North America, including mountain ranges and dense forests. ATV manufacturers focus on developing innovative and safer equipment that can meet the diverse needs of end users who want to explore tough terrains. Additionally, the increasing production and sales of ATVs in North America are expected to contribute to the growth of the market. The presence of various market players, including Polaris Inc., Textron Inc., and BRP, among others, is likely to further contribute to the growth

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All-terrain Vehicle Market Report Highlights

• The market for all-terrain vehicles is anticipated to witness growth owing to the increasing number of adventure and trails parks and the rising popularity of off-road sports activities
• The 400cc-800cc engine type segment accounted for a significant revenue share of over 23.0% in 2021. The increase in demand for 400-800cc engine ATVs is accredited to the demand for search & rescue operations and utility purposes
• The ATV market in Europe is expected to witness a high CAGR over the forecast period owing to the increased demand for off-road vehicles in diverse sectors, such as defense, military, and agriculture
• Key players operating in the market include American Honda Motor Co., Inc.; Polaris Inc.; Bombardier Recreational Products (BRP); Arctic Cat Inc. (acquired by Textron Inc.); and Yamaha Motor Corporation

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All-terrain Vehicle Market Segmentation

Grand View Research has segmented the global all-terrain vehicle market report based on engine type, application, and region:

All-terrain Vehicle Engine Type Outlook (Volume, Units; Revenue, Million, 2018 - 2030)

• Below 400cc
• 400cc-800cc
• Above 800cc

All-terrain Vehicle Application Outlook (Volume, Units; Revenue, Million, 2018 - 2030)

• Agriculture
• Sports
• Recreational
• Military and Defense

All-terrain Vehicle Regional Outlook (Volume, Units; Revenue, Million, 2018 - 2030)

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

List of Key Players in the All-terrain Vehicle Market

• Polaris Inc.
• American Honda Motor Co., Inc.
• Bombardier Recreational Products (BRP)
• Yamaha Motor Corporation
• Arctic Cat 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.

N95 Mask Market is Estimated To Reach A Valuation Of USD 5.7 Billion by 2030: Grand View Research Inc.

 N95 Mask Market Growth & Trends

The global N95 mask market size is anticipated to reach USD 5.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.2% from 2022 to 2030. The market is primarily driven by the ongoing COVID-19 pandemic, increased regulatory mandates to wear masks in public settings, and the rising awareness regarding respiratory protection at the workplace. With the COVID-19 pandemic's emergence, N95 masks have mostly been employed in the healthcare industry by healthcare workers to protect both the patient and the healthcare personnel from biological agents’ exposure. The product demand is high in the healthcare sector since it offers good fluid resistance, breathability, and high filtration efficiency.

Surgical N95 respirators that are class II devices are regulated by CDC under 42 CFR Part 84 and FDA under 21 CFR 878.4040 in the U.S. Whereas in the European Union, FFP2 masks, which are equivalent to these products, are regulated under the European Standard EN149:2001 for filtering half masks to protect against particles. Growing demand for efficient respiratory protection equipment to guard against pollutants and harmful particulate matter in various industries such as construction, oil and gas, mining, and manufacturing will drive market growth. Furthermore, stringent occupational safety laws, particularly in developed economies are expected to boost demand.

N95 masks are extensively used in the construction sector to offer respirator protection from small particles and dust that cause allergies and respiratory diseases. The global construction industry is witnessing strong recovery owing to fiscal stimulus rolled out by governments that have increased infrastructure construction activities, thereby creating an upswing for the N95 masks. The pandemic provided an opportunity for companies to receive steady revenues from direct government procurement of masks aimed at fighting COVID-19. Furthermore, governments are adopting cost-effective methods such as strategic stock development, upstream agreements with industries for rapid conversion of assembly lines during crises, and international trade.

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N95 Mask Market Report Highlights

• The without exhalation valve segment accounted for a revenue share of 79.0% in 2021 owing to effective protection provided during inhalation and exhalation, and promotion by the World Health Organization and Centers for Disease Control and Prevention
• The penetration of online distribution channels is expected to witness a CAGR of 11.4% from 2022 to 2030 owing to the fast adoption of internet and e-commerceplatforms, as well as manufacturers' use of online distribution channels to offer their products
• Asia Pacific dominated the market and accounted for a revenue share of 28.8% in 2021, on account of burgeoning pharmaceuticals, mining, manufacturing, and construction industries, which extensively use respiratory protective equipment, including N95 masks
• In October 2021, Shawmut Corporation and The Fallon Company have launched a Protex N95 mask for prolonged use that is NIOSH-approved with the patent-pending Protex ADC comfort system
• In January 2021, 3M company increased its production capacity of N95 masks by USD 2.5 billion annually owing to the continued demand for respirators from the general public and government contracts

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N95 Mask Market Segmentation 

Grand View Research has segmented the global N95 mask market on the basis of product, distribution channel, end-use, and region:

N95 Mask Product Outlook (Revenue, USD Million, 2017 - 2030)

• With Exhalation Valve
• Without Exhalation Valve

N95 Mask Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Online
• Offline

N95 Mask End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Healthcare
• Construction
• Manufacturing
• Oil & Gas
• Others

N95 Mask Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of N95 Mask Market

• 3M
• Alpha Pro Tech
• Ansell Ltd
• Medisca, Inc.
• O&M Halyard
• The Gerson Company
• Cardinal Health
• Medline Industries, Inc.
• Kimberly-Clark Corporation
• Honeywell International Inc.
• Moldex-Metric
• Makrite
• Prestige Ameritech
• Crosstex International, Inc.
• Shanghai Dasheng Health Products Manufacture Company, Ltd.

About Grand View Research

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

U.S. Hospice Market Analysis ,Industry Growth And Future Scope: Grand View Research Inc.

 U.S. Hospice Market Growth & Trends

The U.S. hospice market size is expected to reach USD 64.7 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 8.20% over the forecast period. The rising healthcare expenditure, awareness about the benefits of palliative and end-of-life care, and favorable reimbursements are some of the major growth drivers. According to the NHPCO, there were 4,639 Medicare-certified hospices in operation in 2018, up 13.4% from 2014. The demand for palliative and hospice services is growing with the increasing geriatric population and the number of patients with life-threatening conditions.

According to the NHPCO, 1.55 million Medicare enrollees got hospice care in 2018, increasing by 4% from 2017. As a result, the number of hospice centers in the U.S. is increasing. In the last decade, hospice care has grown swiftly and steadily across the U.S. Over 5,500 hospices in the country provide medical pain treatment, emotional support, and spiritual resources & therapies to patients in their final stage of life. The rising demand for remote patient monitoring coupled with technological advancements, such as tele-hospice, is anticipated to drive the market in near future. Moreover, there is a trend of adopting new technologies to provide care for various illnesses and injuries.

For instance, in December 2019, Kindred Healthcare, LLC successfully implemented Netsmart Referral Manager (Netsmart) across LTAC hospitals. Netsmart is a centralized platform for automating the referral management process, contributing to time savings and better transparency for making informed admission decisions. The COVID-19 pandemic adversely affected operational goals and long-term projections of hospice businesses in the United States. This is due to a substantial decline in revenue caused by the reduction in referrals/admissions from hospitals. In the current situation, hospices have substantially adopted the technology. In the hospice sector, the usage of telehealth is growing, which is projected to provide growth opportunities for the market in the coming years.

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U.S. Hospice Market Report Highlights

• By location, the hospice center segment held the maximum revenue share in 2021. Hospice center eliminates the need for hospitalization and offers a more balanced & controlled care setting
• The growing preference for hospice centers is expected to drive the segment growth. For instance, according to an article published in The New England Journal of Medicine, 0.2% of people died in hospice centers in 2003. This figure increased to 8.3% by 2017
• The home hospice care segment is anticipated to witness significant growth during the forecast period due to the comfortable environment & constant care offered to patients and favorable reimbursement
• As per the NHPCO, home accounted for 55.6% of the total days of hospice care in 2018, representing a rise of 3.3% since 2014
• Based on type, the Routine Home Care (RHC) segment dominated the market in 2021 due to the low cost, along with the access to quality treatment, companionship, family involvement, and constant attention to the patients
• As per the NHPCO, the percentage of days of RHC increased to 98.2% in 2018 from 97.7% in 2014. Increasing duration of stay and growing Medicare spending are expected to fuel segment growth
• In terms of diagnosis, the dementia segment dominated the market in 2021 due to the high disease prevalence and rising need for its treatment

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U.S. Hospice Market Segmentation

Grand View Research has segmented the U.S. hospice market on the basis of location, type, and diagnosis:

U.S. Hospice Type Outlook (Revenue, USD Billion, 2017 - 2030)

• Routine Home Care
• Continuous Home Care
• Inpatient Respite Care
• General Inpatient Care

U.S. Hospice Location Outlook (Revenue, USD Million, 2017 - 2030)

• Hospice Center
• Hospital
• Home Hospice Care
• Skilled Nursing Facility

U.S. Hospice Diagnosis Outlook (Revenue, USD Million, 2017 - 2030)

• Dementia
• Circulatory/Heart
• Cancer
• Respiratory
• Stroke
• Chronic Kidney Disease
• Others

List of Key Players of U.S. Hospice Market

• Kindred Healthcare Inc.
• Amedisys
• LHC Group, Inc.
• Brookdale Senior Living, Inc.
• Chemed Corporation
• Crossroads Hospice
• Seasons Hospice & Palliative Care
• Accentcare, Inc.
• Heart to Heart Hospice
• Oklahoma Palliative & Hospice Care

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. And Mexico Metal Stamping Market Will See Strong Expansion Through 2030: Grand View Research Inc.

 U.S. And Mexico Metal Stamping Market Growth & Trends

The U.S. and Mexico metal stamping market size is expected to reach USD 76.2 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.4% from 2022 to 2030. Rising demand for metal stamping in various industries and growing adoption of Electric Vehicles (EVs) is anticipated to contribute to market growth over the forecast period. Metal stamping is used in various industries including automotive, aerospace, consumer appliances, and industrial machinery. Its increasing demand in industrial machinery coupled with the rising use of robotics and automation is expected to further contribute to the growth of metal stamping industry over the coming years.

Rising demand for EVs is encouraging key players to further expand their manufacturing facilities. For instance, in February 2021, Magna International Inc. announced its plan about setting up of Magna Electric Vehicle Structures, in St. Clare. Michigan, U.S. This new entity will build complex battery enclosures for electric propulsion vehicles. Process-wise, blanking accounted for the largest revenue share of the overall market. This process is proven to be efficient owing to its economic manufacturing for large volumes. Equipment used in the process can be configured as per required customizations with ease and the primary metal is fed continuously in the machine. This simple procedure enables the blanking operation to be performed in long production runs.

Region-wise, the U.S. held the largest revenue share in 2021 and this trend is anticipated to continue over the forecast period. A rise in military spending along with increasing investments in EVs and consumer appliance industries are growth drivers for the market. For instance, in 2020, the U.S. accounted for ~39.0% of the global military spending, becoming the largest spender with an estimated budget of USD 778 billion. The competitive rivalry remains intense for the industry. The ongoing COVID-19 pandemic has affected the market significantly as many key players had to shut down their operations in the first half of 2020. However, with efficient management, their revenues rebounded to normal levels in the second half of 2020.

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U.S. And Mexico Metal Stamping Market Report Highlights

• Based on process, the blanking segment is anticipated to register a CAGR of 5.0% over the forecast period. It is a preferred choice in end-use industries such as aerospace, automotive, and household appliances, where mass production of components takes place
• Based on application, the consumer appliances segment is anticipated to register the fastest growth rate of 6.0% across the forecast period, owing to rapid technological advancements and rising demand for home appliances
• Based on region, the U.S. accounted for a revenue share of 80.0% in 2021. Rising utilization of metal stamping in military aircrafts and other equipment is benefitting market growth
• Additive manufacturing offers a lucrative growth opportunity for the metal stamping The technology provides various benefits such as minimized waste, reduced energy and labor costs, and potential for the production of smaller and complex geometries

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U.S. And Mexico Metal Stamping Market Segmentation

Grand View Research has segmented the U.S. and Mexico metal stamping market on the basis of process, application, and region:

U.S. And Mexico Metal Stamping Process Outlook (Revenue, USD Million, 2017 - 2030)

• Blanking
• Embossing
• Bending
• Coining
• Flanging
• Others

U.S. And Mexico Metal Stamping Application Outlook (Revenue, USD Million, 2017 - 2030)

• Automotive
• Industrial Machinery
• Consumer Appliances
• Aerospace
• Electrical & Electronics
• Telecommunication
• Others

U.S. And Mexico Metal Stamping Country Outlook (Revenue, USD Million, 2017 - 2030)

• US.
• Mexico

List of Key Players of U.S. And Mexico Metal Stamping Market

• ACRO Metal Stamping
• Ford Motor Company
• Goshen Stamping Company
• Harvey Vogel Manufacturing Co.
• Kapco Metal Stamping
• Magna International Inc.
• Martinrea International Inc.
• Pacific Metal Stampings, 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.

LiDAR Market to Reach Around USD 3.7 Billion by 2027: Grand View Research Inc.

 LiDAR Market Growth & Trends

The global LiDAR market size is expected to reach USD 3.7 billion by 2027, expanding at a CAGR of 13.2% over the forecast period, according to a new report by Grand View Research, Inc. Increasing acceptance in environmental mapping, automobile safety application, construction and architectural sectors for monitoring, and 3D-modeling applications arenas is expected to boost the market growth. Furthermore, increasing development and adoption of self-driving cars and trucks is expected to boost the market growth, as Light Detection and Ranging (LiDAR) is one of the key sensing technologies that is required to enable hybrid to full autonomous driving.

The advanced driver assistance systems (ADAS) application segment is expected to grow at a remarkable pace owing to surging incorporation in automotive safety and forward-collision avoidance systems. In U.K., the regulatory authorities have mandated installation of certain automotive safety technologies such as the collision avoidance technologies. The Euro NCAP Advanced aims to provide buyers with clear guidance regarding the safety benefits offered by technologies such as blind spot monitoring, lane support, Autonomous Emergency Braking (AEB), speed alert, attention assist, vision enhancement, and pre-crash sensing. Rising developments in 3D scanning solutions is anticipated to boost the market growth over the forecast period. For instance, in October 2018, Faro Technology, Inc. introduced new airborne LiDAR scanning in partnership with STORMBEE, in order to provide cost effective airborne 3D scanning solution.

Furthermore, growing environmental concerns have enforced governments to establish regulations over the past decade. The authorities have been implementing strategies, activities, and policies to tackle the concerns. The ability to store large LiDAR point files has been a stumbling block for new users however, the technological advancements in spatial resolution of LIDAR-based digital terrain models are providing incredible accuracy in applications such as change detection on hillsides, water runoff for agriculture or mining sites, and inland waterways.

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LiDAR Market Report Highlights

• The LiDAR market is estimated to grow significantly due to automation in industries, leading to reduced human efforts and increased efficiency. Technological superiority of LiDAR in engineering projects of large magnitude is estimated to trigger the demand further
• Airborne systems are expected to remain the dominant product segment over the forecast period on account of the surging adoption of aerial mapping devices
• North America is expected to emerge as one of the leading regional markets owing to rising R&D spending coupled with high adoption in the automotive sector and environmental scanning and modeling operations
• Growing demand in emerging economies, such as India, Japan, and China, is driving the industry growth in the Asia Pacific region. The surge in the demand across the automotive industry is one of the reasons boosting the market demand
• The key industry participants include Velodyne LiDAR, Inc.; Leica Geosystems Holdings AG; Faro Technologies Inc.; Trimble Navigation Limited; and RIEGL USA Inc.
• The current market environment is witnessing an intense competition between the key players for achieving the market domination via product differentiation and enhancement of quality.

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

LiDAR Market Segmentation

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

LiDAR Product Type Outlook (Revenue, USD Million, 2016 - 2027)

• Airborne
• Terrestrial
• Mobile & UAV

LiDAR Application Outlook (Revenue, USD Million, 2016 - 2027)

• Corridor Mapping
• Engineering
• Environment
• Exploration
• Advanced Driver Assistance Systems (ADAS)
• Others

LiDAR Component Outlook (Revenue, USD Million, 2016 - 2027)

• Laser Scanners
• GPS
• Navigation (IMU)
• Others

LiDAR Regional Outlook (Revenue, USD Million, 2016 - 2027)

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

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.

Enhanced Oil Recovery Market Booming Trends and Forecast Assessment for the Period 2020 to 2027

 

Enhanced Oil Recovery Market Growth & Trends

The global enhanced oil recovery market size is expected to reach USD 62.1 billion by 2027, escalating at a CAGR of 3.7% over the forecast period, according to a new report by Grand View Research, Inc. A growing number of ageing wells witnessing declining production rates coupled with rising government investment in research and development activities is likely to drive the market over the forecast period.

Increasing technological advancements are enabling E&P companies to revive old wells and thus attain optimum production. This trend is estimated to positively influence industry growth. The increasing number of mature wells and investments in R&D activities for new technology development by various market players to improve the oil recovery process will result in the growth of the industry.

Industry participants enter into several strategic collaborations, such as mergers & acquisitions and joint ventures, to expand their foothold across various regional markets and develop economic technologies. The technologies used in enhanced oil recovery (EOR) are mostly in-housed by the companies. To further reduce the overall operational costs, market players procure raw materials, such as nitrogen, carbon dioxide, polymer, and others, from small-scale regional companies.

The COVID-19 pandemic has severely disrupted the oil & gas market with drastically plummeting oil prices resulting in delayed drilling projects. Moreover, the demand for crude oil is anticipated to drop further due to reduced industrial activity and transport. These factors are expected to negatively affect market growth in the near future.

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Enhanced Oil Recovery Market Report Highlights

• The thermal technology segment occupied the largest market share in 2019. Thermal technology lowers the oil viscosity and increases its mobility ratio, thereby enhancing the oil recovery process
• CO2 injection technology is anticipated to be the fastest-growing segment over the forecast period as it helps reduce carbon emissions by utilizing those emissions for refineries and coal-based power plants
• Onshore application segment occupied the largest market share in 2019 owing to the presence of onshore exploration and production projects across the world along with lower conventional extraction costs for onshore oilfields
• North America led the global market in 2019 owing to the presence of a large number of existing and new EOR projects under operation across the region in the U.S. and Canada
• Asia Pacific is expected to witness the fastest growth rate over the forecast period owing to the rise in EOR activities in countries, such as China, Malaysia, Indonesia, and India

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Enhanced Oil Recovery Market Segmentation

Grand View Research has segmented the global enhanced oil recovery market on the basis of technology, application, and region:

EOR Technology Outlook (Volume, Million bbl; Revenue, USD Million, 2016 - 2027)

• Thermal
• CO2 Injection
• Chemical
• Others

EOR Application Outlook (Volume, Million bbl; Revenue, USD Million, 2016 - 2027)

• Onshore
• Offshore

EOR Regional Outlook (Volume, Million bbl; Revenue, USD Million, 2016 - 2027)

• North America
  • The U.S.
  • Canada
• Europe
  • Russia
  • The U.K.
• Asia Pacific
  • China
  • India
• Central & South America
  • Brazil
• Middle East & Africa
  • Oman
  • Saudi Arabia

List of Key Players of Enhanced Oil Recovery Market

• ExxonMobil Corporation
• BP plc
• Royal Dutch Shell plc
• Total SA
• Chevron Corporation

About Grand View Research

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

Silane Market is Expected to Enhance USD 1.4 Billion Revenue By 2027: Grand View Research Inc.

 Silane Market Growth & Trends

The global silane market size is expected to reach USD 1.4 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.0% over the forecast period. High demand for silane as an adhesion promoter in the adhesives & sealants segment and as a coupling agent in paints & coatings segment is driving the market globally. The extensive use of the product in various types of paints and coatings used in the building & construction industry has led to a rise in its demand. Companies, such as Shin-Etsu Chemical Co., Ltd., Dow Corning, Momentive Performance Materials Inc., Power Chemicals Corporation, and Wacker Chemie AG, are among the top manufacturers of silane for paints & coatings industry.

Silane is used as an adhesion promoter in the coatings industry and is also used as a crosslinking agent, as well as in pigment treatment. It improves the UV resistance, adhesion, water & chemical resistance, flow behavior, and pigment & filler dispersion of coatings. Silane coupling agents enable the paint to display an enhanced performance. Synthetic elastomers and other coatings face adhesion issues after being exposed to water and moisture. Using silane as an adhesion promoter can eliminate these problems.

The growth of the automotive industry on account of the technological advancements and the rising requirement for silane-based rubber products for tire manufacturing is expected to fuel the market demand globally. Silane is used as a coupling agent between non-black pigments and the polymer backbone in rubber compounding. It allows the rubber to exhibit improved rolling & abrasion resistance, higher compound modulus, and enhanced compression, leading to its usage in tires in the automotive industry.

The automotive industry has been a crucial part of the global economies for many years on account of the presence of multiple international automobile manufacturers across the world. Key multinational automakers including Volkswagen Group, Daimler, Subaru, Hyundai, KIA, Honda Motor Company, Nissan Motor Company, Mitsubishi, Fiat Chrysler Automobiles, Toyota Motor Corporation, Ford Motor Company, and General Motors have been structuring automotive industry on a global scale. The growth of these end-use sectors is anticipated to boost the demand for silane over the forecast period.

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Silane Market Report Highlights

• Mono/chloro silane is expected to witness the fastest CAGR of 4.6%, in terms of volume, from 2020 to 2027
• This growth is due to increasing demand for the product as an intermediate in the production of ultrapure silicon used in the semiconductor industry and as a protecting agent in the pharmaceutical industry
• Paints & coatings application is expected to be the fastest-growing segment, in terms of volume, from 2020 to 2027, due to high demand from the rapidly growing building & construction sector across emerging economies of Central America and the Asia Pacific
• Asia Pacific is expected to register the fastest growth rate of 4.8%, in terms of volume, from 2020 to 2027 owing to increasing penetration of automobile manufacturers and rising construction projects across China, India, and South Korea
• Key companies focus on research & development activities for product development and process innovation

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

Silane Market Segmentation

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

Silane Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Alkyl Silane
• Sulfur Silane
• Amino Silane
• Vinyl Silane
• Epoxy Silane
• Methacrylate Silane
• Mono/Chloro Silane
• Others

Silane Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Paints & Coatings
• Adhesives & Sealants
• Rubber & Plastics
• Fiber Treatment
• Electronics & Semiconductor
• Others

Silane Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • The U.K.
  • France
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia

List of Key Players of Silane Market

• Gelest, Inc.
• Shin-Etsu Chemical Co. Ltd.
• Nitrochemie Aschau GmbH
• Silar (Entegris)
• Dow Corning
• Evonik Industries
• Wacker Chemie AG
• Power 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.