Automated Suturing Devices Market Trends, Demand, Production, Analysis and Forecast to 2028: Grand View Research Inc.

 Automated Suturing Devices Market Growth & Trends

The global automated suturing devices market size is expected to reach USD 5.1 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.7% from 2021 to 2028. The factors influencing market growth include the increasing prevalence of chronic disorders, the growing geriatric population, rising preference of minimally invasive surgeries over traditional methods, growing technological advancements, and novel innovations in surgical equipment is also propelling the growth. However, lower penetration of automated suturing devices in developing economies and a lack of skilled professionals are expected to hinder market growth.

The increasing prevalence of minimally invasive surgeries for the preventive treatment of chronic disorders such as cardiac, orthopedic, gastrointestinal, and gynecological surgeries is expected to fuel market growth. Minimally invasive surgeries have advantages such as safety, shorter hospital stay and recovery time, and an overall reduction in hospital bills. These minimally invasive surgeries are economically viable alternatives to open or traditional surgeries. Technological advancements in minimally invasive surgeries and the introduction of new products in the market are among factors expected to drive the market.

Furthermore, the increasing geriatric population leads to a heavy financial burden on the global healthcare system. According to Population Reference Bureau, in the U.S., the number of people aged 65 years and above is expected to reach 95 million by 2060. Such a sudden increase in geriatrics is expected to increase the demand for automated suturing devices for preventive surgeries and which in turn, fuels market growth.

Increasing number of initiatives being undertaken by governments and nonprofit organizations to increase awareness about minimally invasive surgeries is expected to boost the adoption of automated suturing devices used for preventive treatment.

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Automated Suturing Devices Market Report Highlights

• The reusable automated suturing devices segment has captured the largest revenue share in 2020
• The cardiac segment dominated the market and accounted for revenue share in 2020 followed by the orthopedic segment in 2020 owing to the rising burden of cardiovascular disorders is the major factor contributing to segment growth
• The ASC segment is predicted to witness the fastest growth rate over the forecast timeframe due to increasing patient footfall and quick turnaround
• North America dominated the market and is predicted to maintain its dominance over the forecast period

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Automated Suturing Devices Market Segmentation

Grand View Research has segmented the global automated suturing devices market on the basis of product, application, end use, and region:

Automated Suturing Devices Product Outlook (Revenue, USD Million, 2017 - 2028)

• Disposable
• Reusable

Automated Suturing Devices Application Outlook (Revenue, USD Million, 2017 - 2028)

• Cardiac
• Orthopedic  
• Gastrointestinal
• Ophthalmic
• Dental
• Gynecological
• Others

Automated Suturing Devices End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Hospitals
• Ambulatory Surgical Centers
• Others

Automated Suturing Devices Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Automated Suturing Devices Market

• Medtronic Plc
• Boston Scientific
• BD
• EndoEvolution
• LSI Solutions, Inc.
• Smith & Nephew
• Sutrue
• Apollo Endo-surgery

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.

True Wireless Stereo Earbuds Market to Expand at a CAGR of 36.1% Through 2028: Grand View Research Inc.

 True Wireless Stereo Earbuds Market Growth & Trends

The global true wireless stereo earbuds market demand is expected to reach USD 305,499.8 million by 2028, registering a CAGR of 36.1% from 2021 to 2028, according to a study conducted by Grand View Research, Inc. The proliferation of connected devices at affordable prices is expected to favor true wireless stereo (TWS) earbuds market growth. Manufacturers are focused on introducing earbuds with multiple pair points to enable users to connect with multiple devices. As such, TWS earbuds are gradually gaining popularity as a convenient smartphone accessory. The wire-free and sophisticated design of these earbuds acts as the key purchase motivator for consumers

Moreover, the work-from-home norms imposed during the COVID-19 pandemic have accelerated the demand for IT accessories, including wireless earbuds. These devices can easily be used for listening to music or attending work-related con-calls. Besides features, such as Advanced Noise Cancellation (ANC) and wireless connectivity, TWS earbuds also come with a built-in carry case charger that offers seamless usage for over 150 hours. Furthermore, instant pairing across a variety of devices using Bluetooth, IPX7 certification, and support of voice assistants, such as Google and Siri, are also contributing to the market growth.

The rising demand for new and improved features serves as a catalyst for advancements in the market. Companies focus on launching products with differentiated features under various price bands. Multi-functional TWS earbuds are widely demanded as they cater to different applications, such as fitness, gaming, and entertainment, and offer extended capabilities, including fitness tracking and voice recognition. Moreover, several Chinese vendors, such as Xiaomi and Realme, have introduced entry-level wireless earbuds in the APAC market, making them an affordable choice for all consumers. The demand is expected to remain bullish over the next few years.

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True Wireless Stereo Earbuds Market Report Highlights

• The USD 100–199 price band segment led the global market in 2020 and is projected to expand further at a steady CAGR over the forecast period
• The proliferation of entry-level devices is expected to play a pivotal role in favoring the segment growth
• North America led the largest revenue share of more than 37% due to early technology adoption and high attention toward health & fitness amid the pandemic have been instrumental in driving the market growth in this region
• However, in terms of unit shipments, the demand for wireless earbuds in Asia Pacific surpassed the demand in North America in 2018
• Aggressive pricing strategies employed by Chinese vendors contributed to the large share of the regional market

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True Wireless Stereo Earbuds Market Segmentation

Grand View Research has segmented the global true wireless stereo earbuds market on the basis of price band and region:

True Wireless Stereo Earbuds Price Band Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2028)

• Below USD 100
• USD 100-199
• Over USD 200

True Wireless Stereo Earbuds Regional Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2028)

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

List of Key Players of True Wireless Stereo Earbuds Market

• Apple, Inc.
• Bose Corp.
• Jabra
• Harman International Industries, Inc.
• Sony Corp.
• Sennheiser Electronic GmbH & Co.
• Xiaomi

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.

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

 Healthcare Customer Data Platform Market Growth & Trends

The global healthcare customer data platform market size is expected to reach USD 1.6 billion by 2028, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 27.2% from 2021 to 2028. Due to the ongoing COVID-19 pandemic, patient needs and customer behavior patterns have changed and this trend is likely to continue until the pandemic is completely contained. The companies or brands require a structured approach to deal with the changing industry trends. The Customer Data Platform (CDP) systems have the potential to offer help in healthcare operations. Understanding patient preferences through predictive analytics is crucial for healthcare organizations. CDPs are now offering COVID-19 impact strategies to understand insights related to patient preferences.

CDPs can improve compliance with information privacy regulations such as the General Data Protection Regulation (EU) (GDPR) and the California Consumer Privacy Act (CCPA). These regulatory laws need companies to provide customers with the right to access their information. Meeting these regulatory requirements can be challenging for healthcare providers in case the patient data resides in different systems. CDPs create a unified view of each patient by capturing information from multiple channels, by linking data from those channels related to the same patient.

Traditional data management systems only collect summary information. However, CDPs have the ability to make completely linked customer information that is easily accessible to businesses. The correct use of CDP provides a foundation for marketing activities by connecting multiple information sources.

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Healthcare Customer Data Platform Market Report Highlights

• Based on components, the software segment held a majority of the market share in terms of revenue in 2020 and is also expected to witness the fastest CAGR over the forecast period from 2021 to 2028
• Based on the deployment mode, the cloud-based deployment mode dominated the market in terms of revenue share in 2020 and is likely to grow at the fastest CAGR over the forecast period due to the quick access, higher flexibility, easier data back up, and lower handling costs
• Based on organization size, the large enterprises segment held a majority of the market share in 2020 owing to the growing demand for data platforms by the larger organizations
• Based on application, the predictive analytics segment dominated the market in terms of revenue share in 2020 as CDPs can turn big volumes of information into usable insights to guide business marketing decisions with predictive analytics
• In 2020, North America held a majority of the market share in terms of revenue due to the higher adoption of technology and growing development of IT infrastructure. Asia Pacific is expected to witness the fastest CAGR over the forecast period pertaining to the rising adoption of advanced healthcare IT solutions
• Since the number of vendors in the market is high, the vendors are likely to undertake mergers and acquisitions as strategic initiatives to stay viable in the market

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Healthcare Customer Data Platform Market Segmentation

Grand View Research has segmented the global healthcare customer data platform market based on component, deployment mode, organization size, application, and region:

Healthcare Customer Data Platform Component Outlook (Revenue, USD Million, 2016 - 2028)

• Software
• Services

Healthcare Customer Data Platform Deployment Mode Outlook (Revenue, USD Million, 2016 - 2028)

• On-premise
• Cloud-based

Healthcare Customer Data Platform Organization Size Outlook (Revenue, USD Million, 2016 - 2028)

• Large Enterprises
• Small & Medium-sized Enterprises

Healthcare Customer Data Platform Application Outlook (Revenue, USD Million, 2016 - 2028)

• Personalized Recommendations
• Predictive Analytics
• Marketing Data Segmentation
• Customer Retention and Engagement
• Security Management
• Others

Healthcare Customer Data Platform Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Healthcare Customer Data Platform Market

• Microsoft
• Mercury Healthcare, Inc.
• Tealium, Inc.
• Innovaccer Inc.
• Adobe
• Treasure Data, Inc.
• Skypoint Cloud Inc.
• Solix Technologies, Inc.
• com, Inc.
• Reltio

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.

High Performance Message Infrastructure Market Revenue Sales to Reach USD 2.41 Billion by 2028: Grand View Research Inc.

 High Performance Message Infrastructure Market Growth & Trends

The global high performance message infrastructure market size is estimated to reach over USD 2.41 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 14.3% from 2021 to 2028. The increase in the adoption of IoT platforms is one of the key factors driving the market growth. Additionally, the development of enhanced IT infrastructure is driving the demand for high-performance message infrastructure platforms and services.

The outbreak of COVID-19 and its unsettling influence has significantly impacted a majority of industries. However, it has also provided new opportunities for cloud-based solutions and infrastructures. Many organizations have adopted the work-from-home approach during the pandemic, which has increased the demand for platform integration services. This, in turn, has accelerated the adoption of high-performance message infrastructure to ease communication between business logic codes.

High-performance message infrastructure is a technology that provides a single shared messaging provision for a safe, easy, enhanced, and efficient integration of applications and services on numerous platforms. Moreover, even in fluctuating connectivity circumstances, a high-performance message infrastructure allows users to ensure uninterrupted functioning of the systems and avoid information loss.

The market has also benefitted from the high adoption of hybrid solutions and integration platforms, which, in turn, is contributing to the increasing investments in online high-performance message infrastructure components. The adoption of cloud solutions and services has already become a norm for a majority of businesses, and the trend is expected to witness growth over the coming years. For instance, according to Cloud Computing Statistics by Cloudwards, approximately 48% of businesses store their essential enterprise data on the cloud and nearly 94% of enterprises leverage cloud services for their business. The study also projects that by 2025, more than 100 zettabytes of data would be kept on the cloud.

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High Performance Message Infrastructure Market Report Highlights

• In terms of components, the software segment accounted for the largest revenue share in 2020 and is expected to retain its dominance over the forecast period as well. This can be attributed to the increase in the adoption of message-oriented hardware and middleware infrastructures among enterprises. In addition, the services segment is anticipated to register the highest CAGR of around 16% over the forecast period
• In terms of industry vertical, the BFSI segment accounted for the largest revenue share in 2020 and is expected to dominate the market throughout the forecast period. As customers are going digital, banks and financial organizations are under constant pressure to offer better services and enhance their experience. This has increased the demand for advanced IT infrastructure and services to expedite the transformation process. Meanwhile, the transportation and logistics segment is anticipated to register the highest CAGR of nearly 21% over the forecast period
• North America dominated the market in 2020 and is expected to continue leading over the forecast period. This can be attributed to the presence of a large number of market players in the region. Moreover, the region is also the largest producer of automation equipment and home to technological adopters as well as innovators
• Meanwhile, Asia Pacific is anticipated to expand at the highest CAGR of around 16% over the forecast period. This growth is attributed to the growing cloud infrastructure spending by large as well as small & medium enterprises in the region. For instance, the cloud infrastructure spending of China grew by 66% from 2019 to 2020, recording USD 19 billion

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High Performance Message Infrastructure Market Segmentation

Grand View Research has segmented the global high-performance message infrastructure market based on component, industry vertical, and region:

High Performance Message Infrastructure Component Outlook (Revenue, USD Million, 2016 - 2028)

• Software
• Services

High Performance Message Infrastructure Industry Vertical Outlook (Revenue, USD Million, 2016 - 2028)

• BFSI
• IT & Telecom
• Government
• Retail
• Energy & Utilities
• Transportation & Logistics
• Others

High Performance Message Infrastructure Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of the High Performance Message Infrastructure Market

• Amazon Web Services, Inc.
• Confinity Solutions GmbH
• IBM Corporation
• MuleSoft LLC, a Salesforce company
• Oracle
• Red Hat, Inc.
• SAP SE
• Solace
• TIBCO Software Inc.
• TWILIO 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.

Sodium Nitrate Market Significant Profits Estimated to be Generated by 2028: Grand View Research Inc.

 Sodium Nitrate Market Growth & Trends

The global sodium nitrate market size is expected to reach USD 149.2 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 5.7% from 2021 to 2028 and is majorly driven by the rising product demand in fertilizer application because of its ability to increase the crop yield. Sodium nitrate is mainly manufactured using nitric acid with soda ash. Nitric acid is subject to intense price and supply volatility in the global market as it is manufactured from ammonia and nitrogen dioxide. Fluctuations in the price and demand/supply of the aforementioned raw materials are expected to hamper the prices of sodium nitrate over the forecast period.

Central and South America dominated the global market and accounted for the largest revenue share in 2020 It is expected to maintain its dominance throughout the forecast period due to the growing agriculture activities in countries like Brazil, Argentina, and Peru. Brazil is one of the largest producers of soybeans, wheat, rice, and coffee among other Central & South American countries. The agricultural sector in the country is expected to grow at a fast pace due to the presence of highly cultivable land and suitable climatic conditions.

The spread of the COVID-19 virus has crippled economies across the globe and severely impacted the supply chains across industries. The production and consumption of sodium nitrate are highly influenced by its demand from end-use industries. The market is characterized by the presence of a mix of small-&medium-scale producers with regional expansion aspirations. This scenario is expected to change over the forecast period owing to the rising demand for food. Most of the players in the market are focusing on differentiating themselves from other players as the market is highly competitive and concentrated. Manufacturers are also continuously engaged with third-party distributors.

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Sodium Nitrate Market Report Highlights

• In terms of volume, the industrial segment dominated the market in 2020. This high share was credited to the increased demand for fertilizers in the agriculture industry
• In terms of revenue, the fertilizer application segment dominated the industry and accounted for the largest share of more than 68% in 2020
• In terms of revenue, Asia Pacific is anticipated to be the fastest-growing regional market at a CAGR of 6.5% from 2021 to 2028 due to growing agriculture activities
• Manufacturers are involved in increasing their production capacities to meet the growing product demand from various end-use sectors

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Sodium Nitrate Market Segmentation

Grand View Research has segmented the global sodium nitrate market on the basis of grade, application, and region:

Sodium Nitrate Grade Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)

• Industrial
• Pharmaceutical
• Food

Sodium Nitrate Application Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)

• Chemicals
• Fertilizers
• Explosives
• Glass
• Pharmaceuticals
• Food & Beverages
• Others

Sodium Nitrate Region Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)

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

List of Key Players of Sodium Nitrate Market

• Deepak Nitrite Ltd.
• BASF SE
• SQM
• Weifang Haiye Chemistry&Industry Co.
• ACF Nitratos S.A.
• Shijiazhuang Fengshan Chemical Co., Ltd.
• Quality Chemicals S.L.

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.

Livestock Monitoring Market Trends, Demand, Production, Analysis and Forecast to 2030: Grand View Research Inc.

 

Livestock Monitoring Market Growth & Trends

The global livestock monitoring market size is expected to reach USD 19.37 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 17.63% from 2022 to 2030. The market growth can be attributed to the increased focus on livestock monitoring, along with disease detection. Furthermore, the prevalence of zoonotic diseases among livestock, rising adoption of IoT and AI by dairy farmers, increasing number of dairy farms, and significant cost-saving due to livestock monitoring management are some of the major drivers of the market.

Extensive animal-derived food production and an increase in the investments in R&D and animal health management in developed economies have led to higher productivity. Encouragement from government animal welfare organizations is also boosting the market growth. Further, government funding and reforms are expected to propel market growth shortly. In addition, increasing awareness regarding animal nutrition, genetic breeding, milk harvesting, and animal health is expected to promote the adoption of livestock monitoring systems.

There is an increased demand for animal products, and thus several countries are focusing on livestock rearing. This has led to an increase in the livestock population. In addition, the prevalence of zoonotic diseases is further fueling the growth of the market. This is because these disease outbreaks in the livestock can be major socioeconomic threats, resulting in production loss and disruption of local markets, rural economy, and international trade factors like these are expected to encourage the adoption of livestock monitoring systems among livestock owners.

The COVID-19 pandemic has triggered an unexpected crisis in the general agricultural processing industries and the processing of dairy products. The onset of the pandemic has caused tremendous economic losses to the beef, pork, poultry, and dairy industries worldwide. As the COVID-19 virus spread across the globe, several industries evaluated its impact on their businesses. Given the increased demand for goods as consumers stock up for possible quarantines or restrict their visits to the grocery store, companies faced challenges to cope with the increasing demand and protect the supply chain. However, with the improving situations, the market is expected to witness growth in the coming years.

Industry players are involved in strategies including mergers & acquisitions, collaborative agreements, and geographic expansion to gain an edge over the competition. For instance, in February 2021, Fancom announced an enhanced version of the light control for Lumina 38H and 36/38 poultry computers. In February 2021, MSD Animal Health announced the acquisition of PrognostiX Poultry Limited, a provider of health and environmental monitoring solutions for the poultry business, which expanded its product portfolio.

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Livestock Monitoring Market Report Highlights

• The cattle animal type segment held the largest revenue share in 2021 owing to the rising demand for beef and dairy products
• The software component segment is expected to register the fastest growth rate over the forecast period. This is because the software has promoted interoperability between different data management systems and ultimately added value for customers
• The feeding management application segment accounted for the largest revenue share of over 25.0% in 2021. This can be attributed to the high demand for feeding management to monitor the food intake of the animal
• Due to the presence of well-established companies and technologically advanced infrastructure, North America dominated the market in 2021 with a revenue share of over 30.0%
• Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to the high potential and rapidly growing markets of India, Japan, and China in this region

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Livestock Monitoring Market Segmentation

Grand View Research has segmented the global livestock monitoring market on the basis of animal type, component, application, and region:

Livestock Monitoring Animal Type Outlook (Revenue, USD Million, 2017 - 2030)

• Cattle
• Poultry
• Swine
• Equine
• Others

Livestock Monitoring Component Outlook (Revenue, USD Million, 2017 - 2030)

• Hardware
  • Sensors
  • GPS
  • Others
• Software
  • On Cloud
  • On Premise
• Services
  • Integration & Deployment
  • Maintenance & Support
  • Others

Livestock Monitoring Application Outlook (Revenue, USD Million, 2017 - 2030)

• Milk Harvesting
• Breeding Management
• Feeding Management
• Animal Health Monitoring & Comfort
• Heat Stress
• Behavior Monitoring
• Other

Livestock Monitoring Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Livestock Monitoring Market

• GEA Group Aktiengesellschaft
• Afimilk Ltd.
• DeLaval
• Sensaphone
• Intervet Inc., a subsidiary of Merck & Co. Inc.
• BouMatic
• Dairymaster
• Lely
• Fancom BV
• Fullwood Packo

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.

Vibration Sensor Market is Growing at Significant Rate, 2030: Grand View Research Inc.

 Vibration Sensor Market Growth & Trends

The global vibration sensor market size is expected to reach USD 8.24 billion by 2028, registering a CAGR of 6.5% from 2021 to 2028, according to a new study conducted by Grand View Research, Inc. The increased adoption of these devices in various industries and sectors such as oil and gas, manufacturing, and mining, among others for detection of rotating parts and damaged bearings in machines are major factors driving the growth of the market. The usage of industrial IoT and predictive maintenance with vibration sensors for the remote monitoring of machineries is expected to provide opportunities to the market players. Players operating in the market such as VocalZoom and Colibrys Ltd.; among others are developing vibration sensors for industrial internet of things (IoT) for exploiting these opportunities. For instance, in March 2019, VocalZoom launched their non-contact vibration sensors for industrial IoT applications such as machine monitoring.

The growing adoption of Unmanned Aerial Vehicles (UAVs) is expected to drive the market growth over the forecast period as vibration sensors are used in these applications such as flight stabilization. In recent years, there has been an increasing demand for accelerometers in Augmented Reality (AR) and Virtual Reality (VR) devices for tracking the rotational motion. In AR and VR, accelerometers and vibration sensors are used for motion detection.AR and VR are gaining popularity in consumer electronics such as smartphones and gaming consoles, among others. These factors are expected to provide lucrative opportunities to the market players over the forecast period. Moreover, in recent years, there has been a growing demand for these devices in Heating, Ventilation, and Air Conditioning (HVAC) equipment, which is expected to fuel the market growth further. Vibration sensors are extensively used for monitoring rotating elements in the Air Handling Units (AHUs) that are responsible air circulation in HVAC equipment.

In airbags, accelerometer vibration sensor monitors rapid deceleration of the vehicle in the event of an impact and convert it into a change in voltage. The electronic control unit subsequently responds by sending a signal to actuate and inflate the protective airbag. The governments in various countries have mandates the usage of airbags in passenger that is expected to impact the market growth positively. For instance, the U.S. National Highway Traffic Safety Administration has established the 49 CFR Part 595 standard that mandates the usage of airbags.

COVID-19 has positively impacted the market growth in current days. The demand for vibration sensors from various industries, such as chemicals, food and beverages, healthcare, and energy and power, is improving continuously despite the pandemic as the incumbents of these industries are trying to ensure efficient and safer operations of their machinery. The growing preference for online vibration monitoring is particularly anticipated to create growth opportunities for the market over the forecast period.

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Vibration Sensor Market Report Highlights

• Owing the rising demand for displacement sensors in applications such as precision positioning, thickness measurements, and assembly line inspection, among others, the demand for displacement sensor is anticipated to grow in current days
• The growing usage of tri-axial sensors in monitoring the vibrations in multi-axis machine tools, and detect anomalies in the machine tool and work piece are expected to drive their demand over the forecast period
• The demand for piezoelectric ceramics segment is expected to grow owing to the increase in demand for piezoelectric ceramics-based vibration sensors in relaxation chairs used in healthcare sector
• Various regulations such as the American Petroleum Institute (API) Standard 670: Machinery Protection Systems mandate the usage of machinery monitoring systems such as vibration sensors in the refineries. These regulations are expected to enhance the market growth in oil and gas end use segment
• The Asia Pacific region is expected to grow significantly over the forecast period owing to increasing adoption for detection and prediction of earthquakes and tsunamis in countries such as South Korea, Philippines, and Japan

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Vibration Sensor Market Segmentation

Grand View Research has segmented the global vibration sensor market based on type, technology, material, end-use, and region:

Vibration Sensor Type Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

• Accelerometers
• Velocity Sensor
• Displacement Sensor

Vibration Sensor Technology Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

• Piezoresistive
• Strain Gauge
• Variable Capacitance
• Hand Probe
• Optical Sensor
• Tri-axial Sensors
• Others

Vibration Sensor Material Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

• Doped Silicon
• Piezoelectric Ceramics
• Quartz

Vibration Sensor End-use Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

• Automobile
• Consumer Electronics
• Healthcare
• Aerospace & Defense
• Oil & Gas
• Others

Vibration Sensor Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)

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

List of Key Players of the Vibration Sensor Market

• Advanced Sensors Calibration GmbH, Inc.
• Analog Devices, Inc.
• Dytran Instruments, Inc.
• Honeywell International, Inc.
• Robert Bosch GmbH
• Hansford Sensors Ltd.
• Colibrys Ltd.
• National Instruments Corporation
• TE Connectivity Ltd.
• FUTEK Advanced Sensor Technology 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.

Meal Kit Delivery Services Market to Incur Meteoric Growth During 2022 to 2030: Grand View Research Inc.

 Meal Kit Delivery Services Market Growth & Trends

The global meal kit delivery services market size is expected to reach USD 64.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 17.4% from 2022 to 2030. Increasing preference for homemade meals among millennials is expected to be a major factor contributing to the growth of the market. Meal kit delivery services are popular among busy parents, millennials, those juggling multiple jobs, working couples, or people with special diet needs who prefer pre-planned ingredients or meals so that they can quickly prepare meals.

The cook and eat segment led the market and accounted for a revenue share of 60.7% in 2021. Growing demand for healthy food ingredients and the trend of cooking at home at the global level is expected to expand the scope of cook and eat meal delivery services over the next few years. Further, for people suffering from depression, anxiety, or want to maintain brain health, cooking is a great exercise. Thus, the popularity of cook and eat meal kit delivery services can be seen among the masses.

The single service segment accounted for the largest revenue share of 57.8% in 2021. The service is extremely popular among single-person households and those with long office hours. Millennials and Generation Z form the largest consumer group of these meal kit delivery services. The vegan meal type segment is expected to showcase exponential growth by growing at a CAGR of 19.0% as the vegan population is significantly increasing across the globe due to the growing prevalence of lactose intolerance and various food allergies.

The online segment accounted for the largest revenue share of more than 63.2% in 2021. Increasing demand for meal kits has prompted a large number of local small businesses to provide these delivery services. Companies that are having an established online platform are capable of providing client service through greater flexibility by being available round the clock which allows them to serve customers settled across a geographical area. The market is fragmented in nature, with the presence of a large number of global and regional players. Key players face intense competition, especially from the top players in the market, as they have a large consumer base, strong brand recognition, and vast distribution networks.

Request a free sample copy or view report summary: Meal Kit Delivery Services Market Report

Meal Kit Delivery Services Market Report Highlights

• In Asia Pacific, the market is expected to register the fastest CAGR of 18.8% during 2022 to 2030 as major economies like Japan, and China have been adapting to the western culture of meal-kits and witnessing this behavior, many companies are tapping into meal kits delivery services
• The heat and eat segment is expected to register a CAGR of 17.8% from 2022 to 2030 owing to the growing popularity among the working population due to their hectic lifestyles and busy schedules with no or less time for cooking
• The multiple meal kit delivery services segment is expected to register a CAGR of 17.7% from 2022 to 2030 as this kit service is offered to families where both parents are working and have hectic and busy lifestyles
• The non-vegetarian meal kit delivery service segment held the largest revenue share of 63.7% in 2021. This can be attributed to the popularity of non-vegetarian meal kits across the globe and the nutritional value associated with this type 

Access Press Release@ https://www.grandviewresearch.com/press-release/global-meal-kit-delivery-services-market

Meal Kit Delivery Services Market Segmentation 

Grand View Research has segmented the global meal kit delivery services market on the basis of offering, service, platform, meal type, and region:

Meal Kit Delivery Services Offering Outlook (Revenue, USD Million, 2017 - 2030)

• Heat & Eat
• Cook & Eat

Meal Kit Delivery Services Outlook (Revenue, USD Million, 2017 - 2030)

• Single
• Multiple

Meal Kit Delivery Services Platform Outlook (Revenue, USD Million, 2017 - 2030)

• Online
• Offline

Meal Kit Delivery Services Meal Type Outlook (Revenue, USD Million, 2017 - 2030)

• Vegan
• Vegetarian
• Non-vegetarian

Meal Kit Delivery Services Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Meal Kit Delivery Services Market

• Blue Apron, LLC
• Freshly Inc.
• HelloFresh
• Sun Basket
• Relish Labs LLC (Home Chef)
• Gobble
• Marley Spoon Inc.
• Purple Carrot
• Fresh n' Lean
• Hungryroot

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.

Veterinary Oncology Market Outlook Growth Emerging Factors On Geography, Technological Advancements And Mounting Demand Forecast To 2030

 Veterinary Oncology Market Growth & Trends

The global veterinary oncology market size is expected to reach USD 578.0 million by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 12.1% from 2022 to 2030. Increasing prevalence of cancer in pets and demand for veterinary diagnostics are projected to drive the market over the forecast period.

Adoption of canine cancer registry globally to estimate cancer incidences is another driving factor for the market growth. According to frontiers in Veterinary Science in February 2019, the Swiss Canine Cancer Registry (SCCR) was used as a data source and was compiled for future comparative studies of canine and human cancers. This database is further helpful in mitigating the incidence of malignant tumors in the human population, thereby driving the market growth.

Researchers carrying out studies focused on veterinary oncology are further boosting the veterinary oncology market growth. For instance, University of Illinois in August 2017, carried out study that involves more precise detection of metastasis (spread of cancer through the body) for head and neck tumors in dogs. Moreover, the market players are also focusing on new product innovation and strategic collaborations. For instance, in 2018 AdvaVet, a subsidiary of Oasmia Pharmaceutical AB, developed XR17 technology, which is nanoparticle formulation based that makes a single Active Pharmaceutical Ingredient (API) or multiple APIs water soluble. It is a combination therapy and is also a standard treatment for a number of cancer diseases in pet animals. 

Request a free sample copy or view report summary: Veterinary Oncology Market Report

Veterinary Oncology Market Report Highlights

• Increasing prevalence of cancer in companion animals, several clinical trial studies to evaluate the safety and effectiveness of cancer therapeutics for pets and technological advancements in veterinary oncology treatment are anticipated to create growth opportunities in the market.
• Chemotherapy accounted for the largest revenue share over the coming years, owing to its increasing adoption for pet cancer treatment either alone or in combination with other therapies.
• Canine segment held the largest revenue in 2021, increasing population of dogs and high prevalence of cancer in dogs as compared to cats.
• Lymphoma dominated the market among other cancer types in 2021, due to the disease's high mortality rate in companion animals. According to the Veterinary and Comparative Oncology in 2018, Gastrointestinal (GI) Lymphoma is the most common neoplasm that contracts dog population.
• North America held the dominant share of as of 2021, due to the favorable government policies, new product launch by the companies, and huge investment for veterinary oncology treatment.
• Asia Pacific is anticipated to witness lucrative growth due to increasing focus on animal health and expenditure, increasing number of pet population being exposed to cancer, government focus on animal safety, and several initiatives to curb cancer cases in pet animals.
• Some of the key companies are Boehringer Ingelheim, PetCure Oncology, Elanco, Accuray Incorporated, Varian Medical Systems, Zoetis, Karyopharm Therapeutics, Inc. One Health and Regeneus Ltd.

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

Veterinary Oncology Market Segmentation

Grand View Research has segmented the global veterinary oncology report on the basis of therapy, animal type, cancer type, and region:

Therapy Outlook (Revenue, USD Million, 2017 - 2030)

• Surgery
• Radiotherapy
• Chemotherapy
• Immunotherapy
• Others

Animal type Outlook (Revenue, USD Million, 2017 - 2030)

• Canine
• Feline

Cancer type Outlook (Revenue, USD Million, 2017 - 2030)

• Lymphoma
• Mast Cell Cancer
• Mammary and Squamous Cell Cancer
• Others

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

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

List of Key Players of Veterinary Oncology Market

• PetCure Oncology
• Zoetis
• Karyopharm Therapeutics, Inc.
• Varian Medical Systems
• Accuray Incorporated
• Boehringer Ingelheim GmbH
• Elanco
• One Health
• Regeneus 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.