U.S. Office Furniture Market to Witness Exponential Growth by 2030: Grand View Research Inc.

 U.S. Office Furniture Market Growth & Trends

The U.S. office furniture market size is expected to reach USD 22.2 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.3% from 2022 to 2030. Various factors such as rising disposable incomes, the growth of the real estate industry, the growth of businesses, and consumer desire for luxury and premium furnishings are driving the market. Furthermore, the growing popularity of hybrid working cultures and the expansion of ed-tech platforms are driving the U.S. office furniture industry forward.

Due to social distancing norms, the COVID-19 pandemic has pushed millions of Americans to work from home. Work-from-home (WFH) has become the norm and is expected to continue for the foreseeable future, making it stressful for working professionals who are not equipped with comfortable office furniture. During the COVID-19 pandemic, the demand to work and study at home has resulted in a surge in office furniture purchases. For example, HOM Furniture, based in Minneapolis, sells home office in all 17 of its locations and has noticed a boost in the category since the stay-at-home orders were implemented. Smaller scale workstations that can accommodate both laptops and tablets are one of the most popular varieties.

Moreover, sustainable manufacturing practices are being implemented by office furniture manufacturers. This is mostly due to the rising consumer awareness regarding the importance of sustainable living, which is driving up the demand for eco-friendly furniture. This involves reducing fuel usage and repurposing wood waste. Herman Miller, for example, has pledged to zero waste, 50 percent more local renewables (50,000 MWh), 100% Design for the Environment-approved items, and 125,000 tons of product returned each year.

Furthermore, internet furniture businesses are on the rise to reduce the requirement for rental space and inventory. Some of the most popular e-commerce websites in the U.S. for office furniture include Amazon.com and Wayfair. The increased possibilities for office furniture sales through online channels forced online retailers to strengthen their purchase processes in terms of security and reliability, boosting demand for office furniture. Secure transactions, cash-on-delivery alternatives, quick return policies, and integrated and centralized customer service are just a few of the policies that attract consumers to shop online.

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U.S. Office Furniture Market Report Highlights

• The U.S. market for office furniture is expected to witness significant growth from 2022 to 2030. In recent years, continued expansion in building construction in the commercial segment and rising disposable income levels have fueled office furniture demand in the U.S.
• The seating product segment accounted for the largest revenue share of over 25.0% in 2021. The recent rise in home offices as a result of an increase in remote work has boosted the demand for office furniture. With individuals spending more than 8-10 hours a day at work, adequate seating has become increasingly important, hence the rise in ergonomic chairs was recorded in the U.S.
• The online distribution channel segment is expected to register the highest CAGR of 9.9% over the forecast period. Furniture e-commerce has accelerated as a result of the pandemic. Due to the convenience, younger consumers, such as millennials, are more willing to buy products online, even if they can't see and feel the products beforehand. Yardbird, BenchMade Modern, Burrow, Article, and Joybird are just a few of the new direct-to-consumer furniture brands aimed at millennials

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U.S. Office Furniture Market Segmentation

Grand View Research has segmented the U.S. office furniture market on the basis of product and distribution channel:

U.S. Office Furniture Product Outlook (Revenue, USD Million, 2017 - 2030)

• Seating
• Modular Systems
• Desks & Tables
• Others

U.S. Office Furniture Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Online
• Offline

List of Key Players in U.S. Office Furniture Market

• Haworth
• Herman Miller Inc.
• HNI Corporation
• Knoll
• Steelcase
• Ashley Furniture Industries Inc.
• Global Furniture Group
• Kimball International Inc.
• Okamura Corp.
• Interior Systems, 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.

Operating Room Integration Market Latest Innovations, Drivers and Industry Key Events 2022– 2030: Grand View Research Inc.

 

Operating Room Integration Market Growth & Trends

The global operating room integration market size is anticipated to reach USD 4.4 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 11.3% from 2022 to 2030. Increasing redevelopment projects and the adoption of advanced healthcare IT solutions in hospitals is a major factor boosting the market growth. Operating Rooms (OR) are increasingly becoming complex and congested due to the requirement of devices during surgeries such as surgical lights, operating tables, and surgical displays. Integrated Operating Rooms (I-ORs) are becoming a solution for this complexity in ORs.

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

The use of video communication solutions has increased during COVID-19, in response to restrictions on travel, to lower the risk of cross-infection and ensure continuous education of surgeons in training. According to a June 2020 article published in Wiley Online Library, Microsoft Teams and Zoom were used for live surgical training teleconferencing at the National University of Malaysia to comply with government protocols during the COVID-19 pandemic. The teleconferencing solution enabled webinar lectures, surgery case-based discussions, viva voce examination, and journal critique exercises. In such unprecedented conditions, teleconferences, online learning, and webinars can be advantageous for surgical education and assessments.

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

Most of the Minimally Invasive Surgeries (MIS) procedures such as TAVR, and EVAR, laparoscopic procedures are performed in hybrid integrated OR. Surging patient preference for MIS is boosting the market growth. MIS includes robotic surgery; laparoscopic surgeries that have a wide range of applications in the medical sector. In addition, hospitals have shifted their preference towards advanced MIS procedures for diagnosing chronic diseases. The preference is due to the benefits that this procedure provides such as lower postoperative complication rates along with reduced hospital stay, less pain and offers fast recovery time. It also provides a high accuracy rate as compared to traditional open surgery. The aforementioned factors are anticipated to boost the demand for I-ORs over the forecast period.

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

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Operating Room Integration Market Highlights

• OR integrated services are expected to witness the fastest growth rate in coming years owing to the growing demand from ambulatory surgical centersand hospitals
• The documentation management systems segment dominated the market in 2021 owing to the associated benefits such as data management with minimal errors
• Demand for fully integrated solutions to automated surgical workflows is growing in accordance with the requirements to access all the necessary information on a single platform. This helps in expediting the surgical procedure and eliminates the need for various devices arranged all over in the operating room
• The orthopedic surgery segment is anticipated to show a lucrative CAGR owing to its growing demand. There is an increase in the number of cases of orthopedic conditions, including osteoarthritis, osteoporosis, rheumatoid arthritis, and ligamentous knee injuries
• North America dominated the market as of 2021, which is attributable to supportive government initiatives promoting the adoption of surgical automation, telemedicine, and other advanced technologies to support the use of integrated solutions in operating rooms
• Market players are involved in extensive research for the development of cost-efficient and technologically advanced OR integration solutions. Subsequently, the introduction of such solutions is expected to provide the market with lucrative growth opportunities.
• In April 2021, Barco proclaimed its partnership with Sigma - Jones | AV LLP to deliver best-in-class digital experiences in healthcare for its next-gen operating room video integration solution Nexxis

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Operating Room Integration Market Segmentation

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

Operating Room Integration Component Outlook (Revenue, USD Million, 2017 - 2030)

• Software
• Services

Operating Room Integration Device Type Outlook (Revenue, USD Million, 2017 - 2030)

• Audio Video Management System
• Display System
• Documentation Management System

Operating Room Integration Application Outlook (Revenue, USD Million, 2017 - 2030)

• General Surgery 
• Orthopedic Surgery
• Neurosurgery
• Others 

Operating Room Integration End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Hospitals
• Ambulatory Surgical Centers (ASCs)

Operating Room Integration Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Operating Room Integration Market

• Stryker
• Braiblab AG
• Barco
• Dragerwerk AG & Co. KGaA
• Steris
• KARL STORZ SE & CO. KG
• Getinge AB
• Olympus
• Care Syntax
• Arthrex, Inc.

About Grand View Research

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

Global Demand for Breastfeeding Accessories Market to Incur Considerable Upsurge During 2022– 2030: Grand View Research Inc.

 Breastfeeding Accessories Market Growth & Trends

The global breastfeeding accessories market size is expected to reach USD 3.90 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.45% from 2022 to 2030. An increasing women’s employment rate is expected to surge the demand for breastfeeding accessories, thereby propelling the market growth. For instance, according to the data from the World Bank and the International Labor Organization, 55% of women in the U.S. are employed, whereas this number increases in the U.K. with 59% women employability. Working women are more likely to purchase breastfeeding accessories, thus, with a surge in the women’s employment rate, the market is expected to grow over the forecast period.

Moreover, there has been a rise in the global birth rate. For instance, as per the latest report by the International Institute of Sustainable Development (IISD), the global fertility rate has touched 2.3 births per woman, which is well above the replacement rate. Similarly, there has been an increase in the number of milk banks across the globe. For instance, as per the European Milk Bank Association, there are 280 active milk banks in Europe. Likewise, according to the International Breastfeeding Journal, there were 80 milk banks in India as of 2020. Thus, with the establishment of milk banks globally, the market is anticipated to witness growth during the forecast period.

Furthermore, with the introduction of the COVID-19 vaccine and the lifting of lockdown impositions, the market may witness considerable growth over the forecast period. This can be attributed to the opening of offices globally and the initiation of work from office or hybrid work settings. For instance, Microsoft has given their employees 30 days to shift towards a new pattern of hybrid working setting, which has started from February 2022. Furthermore, many market players are initiating strategies such as product launches, partnerships, collaboration, and awareness campaigns to expand their reach. For instance, various market players such as Medela LLC and Laura & Co. are increasing awareness among the target population by arranging programs and distributing magazines. Thus, the aforementioned factors may help the market grow over the forecast period.

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Breastfeeding Accessories Market Report Highlights

• Based on product, the breastmilk storage and feeding segment dominated the market with a share of over 15.0% in 2021 owing to an increase in the women’s employment rate
• The postpartum recovery accessories product segment is expected to register the fastest growth rate over the forecast period. An increase in the number of births is anticipated to have a significant impact on the use of postpartum recovery accessories
• Asia Pacific held the largest revenue share of over 40.0% in 2021 owing to the presence of a large target population and an increase in the birth rate

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Breastfeeding Accessories Market Segmentation

Grand View Research has segmented the global breastfeeding accessories market on the basis of product and region:

Breastfeeding Accessories Product Outlook (Revenue, USD Million, 2018 - 2030)

• Nipple Care Products
• Breast Shells
• Breast Pads
• Breastmilk Preparation and Cleaning Products
• Breastmilk Storage and Feeding
  • Coolers
  • Others
• Perineal Cooling Pads
• Breast Heating Pads
• Breast Cooling Pads
• Baby Weighing Scales
• Maternity/Nursing Bras
• Nursing Tank Tops
• Lactation Massager
• Breast Pump Carry/Tote Bags
• Postpartum Recovery Accessories
  • Disposable Gowns
  • Nursing Pillow
  • Others

Breastfeeding Accessories Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Breastfeeding Accessories Market

• Medela AG
• Ameda, Inc.
• Willow Innovations, Inc.
• Koninklijke Philips N.V.
• Chiaro Technology Limited
• Pigeon Corporation
• Spectra Baby
• Lavie Mom
• Motif Medical
• Mayborn Group Limited

About Grand View Research

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

Athletic Footwear Market Is Expected To Gain Significant Traction Over The Forecast Period: Grand View Research Inc.

 Athletic Footwear Market Growth & Trends

The global athletic footwear market size is expected to reach USD 196.1 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.9% from 2022 to 2030. Athletic shoes have also been tailored for the casual market, and are popular, especially with young people. Athletic footwear is built for high performance and is considered a part of an athlete’s gear along with clothing and equipment. Athletic shoes provide sports-specific levels of cushioning, flexibility, stability, traction, and durability. Cushioning minimizes the force of impact.

Increasing awareness regarding the health benefits of sports and fitness activities that helps to reduce the risks of various illnesses, such as obesity, depression, and diabetes, is expected to fuel the growth of the market. Moreover, changing consumer lifestyles, a rise in the disposable income of consumers, and the growing retail e-commerce sector worldwide are some other factors expected to boost the market growth during the forecast period.

In addition, the technological advancements, development of new and innovative shoes, and increasing awareness regarding the importance of using the right type of shoes in order to prevent muscle injuries, leg injuries, and many others are stimulating the demand for athletic shoes. Moreover, emerging fashion trends of wearing branded athletic footwear mostly among youngsters are influencing the growth of the market. However, rising prices of raw materials and the increasing prevalence of fake and brand copied athletic footwear products are the factors that might restrict the market growth.

Given the combined effect of outlet closures and frugality resulting from the rapidly deteriorating economic situation, the discretionary character of footwear made it one of the most seriously hit businesses by the pandemic. Moreover, a decline in consumer demand for athletic footwear was noted by brands like Adidas, Nike, and Puma as consumers reduced or delayed discretionary spending in response to the impacts of COVID-19 owing to a rise in unemployment rates and diminished consumer confidence. Decreased retail traffic as a result of store closures, reduced operating hours, and social distancing restrictions could be noticed. The market is consolidated with the presence of a large number of international players and a few regional players.

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Athletic Footwear Market Report Highlights

• Based on type, the sports shoes segment held the second-largest revenue share in 2021. The rising health-conscious population, coupled with a high interest in athletic sports, is driving the demand for sports shoes
• By end user, the men segment accounted for the largest revenue share in 2021. Sports shoes with flexibility, stability, traction, and durability are more popular among men. The women segment is expected to witness significant growth during the forecast period
• Asia Pacific dominated the market in 2021 owing to the high enthusiasm among the citizens for sports, fitness, and adventure activities

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Athletic Footwear Market Segmentation

Grand View Research has segmented the global athletic footwear market on the basis of type, end user, and region:                      

Athletic Footwear Type Outlook (Revenue, USD Million, 2017 - 2030)

• Aerobic Shoes
• Running Shoes
• Walking Shoes
• Trekking & Hiking Shoes
• Sports Shoes

Athletic Footwear End-user Outlook (Revenue, USD Million, 2017 - 2030)

• Men
• Women
• Children

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

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

List of Key Players in Athletic Footwear Market

• Adidas AG
• ASICS Corporation
• Fila Inc.
• Under Armour, Inc.
• Lotto Sport Italia S.p.A
• New Balance Athletics, Inc.
• Vans, Inc.
• Nike, Inc.
• Puma SE
• Reebok International 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.

Practice Management System Market is Expected to Enhance USD 28.17 Billion Revenue By 2030: Grand View Research Inc.

 Practice Management System Market Growth & Trends

The global practice management system market size is expected to reach USD 28.17 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.8% from 2022 to 2030. Rising pressure to curb healthcare expenditure, demand for cost-effective treatment options, unprecedented medical emergencies such as COVID-19, and digitization of healthcare records are the key factors driving the market growth. Moreover, unpreparedness for the global COVID-19 pandemic has further heightened the need for digitized interoperability solutions providing faster and more effective results. The rising adoption of EHR, telehealth in developed as well as developing economies is anticipated to provide this market with a lucrative growth platform in the coming years.

Increasing pressure to curb healthcare costs along with changing dynamics of hospital/healthcare settings is fueling the demand for practice management systems in the U.S. In addition, a rising focus on implementing cost-effective and high-quality care are also likely to contribute to the market development. Healthcare institutes are witnessing a paradigm shift in the U.S. as a result of the changing dynamics of the business models. The development of new value-added services like integration of practice management systems with other healthcare IT solutions, such as Computerized Physician Order Entry (CPOE) and laboratory information systems, is anticipated to propel the market growth in the U.S. over the next few years.

Practice management systems enable mid-sized and large healthcare providers in offering the right treatment at an effective price, thus reducing treatment costs. Most of the key players adopt strategies, such as product launches, collaborations, partnerships, and mergers & acquisitions to strengthen their industry position. For instance, in September 2019, GetWellNetwork and Cerner partnered to narrow the gaps between providers and patients from inpatient to outpatient settings and the home. This partnership was aimed at providing convenient access and consumer engagement.

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Practice Management System Market Report Highlights

• Changing dynamics of healthcare settings/hospital industry along with the development and sale of value-added services is driving the market
• The integrated systems segment captured the largest market share in 2021, mainly due to the benefits such as enhanced efficiency and communication across various departments, and reduced administrative and medical errors
• Software held the largest revenue share in 2021 owing to technological advancements and new product launches
• The cloud-based segment is expected to register the fastest CAGR over the forecast period due to the associated advantages, such as ready availability of the information even in remote locations, higher reliability, and faster processing
• Physician back-office dominated the market in 2021 due to the growing adoption of these systems in physician offices
• The growing focus of the Association of American Medical Colleges on increasing the number of physicians and healthcare facilities across the region is also expected to drive the segment growth

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Practice Management System Market Segmentation

Grand View Research has segmented the global practice management system market on the basis of product, component, delivery mode, end-user, and region:

Practice Management System Product Outlook (Revenue, USD Million, 2017 - 2030)

• Integrated
  • EHR/EMR
  • e-Rx
  • Patient engagement
  • Others
• Standalone

Practice Management System Component Outlook (Revenue, USD Million, 2017 - 2030)

• Software
• Services

Practice Management Systems Delivery Mode Outlook (Revenue, USD Million, 2017 - 2030)

• On-premise
• Web-based
• Cloud-based

Practice Management System End-user Outlook (Revenue, USD Million, 2017 - 2030)

• Physician Back Office
  • Ambulatory Settings
  • Others
• Pharmacies
• Diagnostic Laboratories
• Other Settings

Practice Management System 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
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia

List of Key Players of Practice Management System Market

• Henry Schein, Inc.
• Allscripts Healthcare, LLC
• AdvantEdge Healthcare Solutions
• Athenahealth
• Cerner Corporation (Oracle)
• Epic Systems Corporation
• GE Healthcare
• McKesson Corporation
• Accumedic Computer Systems, Inc.
• NXGN Management, LLC
• eClinicalWorks
• CoreCloud
• Kareo, Inc.
• Practice Fusion, Inc.
• AdvancedMD, Inc.
• DrChrono, Inc.
• CollaborateMD Inc.
• Greenway Health, LLC
• OfficeAlly Inc.
• PracticeSuite 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.

Blow Molding Tools Market Estimated To Flourish By 2030: Grand View Research Inc.

 Blow Molding Tools Market Growth & Trends

The global blow molding tools market size is expected to reach USD 17.33 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.5% from 2022 to 2030. Rising demand for blow molded plastics in the medical sector and the increasing importance of plastic recycling are anticipated to augment the market growth over the forecast period.

The medical industry is one of the key end users of blow molding tools across the world. The spread of COVID-19 worldwide fueled the demand for plastic containers such as vials, syringes, and bottles used to store medicines and sanitizers, thereby augmenting the market growth. For instance, in February 2020, Fischer SA de CV started operations at a new USD 10 million plants, which is equipped with blow molder and injection molding tools.

Furthermore, growing concern over plastic waste has made the food and beverage industry shift towards recycled plastics. This initiative by the industry is projected to boost market growth during the forecast period. For instance, in September 2021, Nestlé partnered with the U.K.-based Yes Recycling, to recycle flexible plastics used in food packaging.

The packaging application segment is anticipated to dominate the global market over the forecast period. Packaging is witnessing demand from industries such as food and beverage and cosmetics, which is further boosting the segment growth. For instance, in September 2021, GEKA Gmbh, a beauty application solutions provider, expanded the size of its facility to 22,000 square meters. The facility includes advanced manufacturing technologies and sustainable injection molding capability for packing its products.

The extrusion blow molding method accounted for the largest revenue share of over 50.0% in 2021. Growing demand for paper-based bottles in concern with the environmental aspect is providing new avenues for the growth of the extrusion blow molding market. For instance, in November 2020, CBS Products launched its new line of household cleaning products in molded pulp paper bottles, which include an inner liner that is extrusion blown of 80% PCR HDPE.

Asia Pacific held the largest revenue share of more than 35.0% in 2021. The coronavirus outbreak propelled the production of sanitizers in the region, which compelled manufacturers of blow molds to expand their capacity, to cater to the growing packaging needs of the pharmaceutical industry. For example, in September 2021, Mold-Tek Packaging Ltd. announced to invest of INR 200 crores (~USD 26.6 million) in capacity expansion over the next 3 years.

Furthermore, the rising competition is forcing key players to indulge in mergers & acquisitions and capacity expansion to stay ahead in the industry. For instance, in October 2021, AND & OR. acquired a Madrid-based firm—FRANCO DOLFINI AUTOMATION, a manufacturer of automation for plastic bottle production. This will help AND & OR in strengthening its position in the blow molding market.

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Blow Molding Tools Market Report Highlights

• By the method, the extrusion segment is anticipated to register the fastest growth rate over the forecast period. The extrusion method is used for the production of medium to large complex geometric hollow parts
• By application, the packaging segment held the largest share of over 35.0%, in terms of revenue, in 2021. Blow molded plastics are extensively used for packaging in a wide range of industries including cosmetics, food and beverages, and pharmaceuticals
• Asia Pacific is projected to register a lucrative growth rate over the forecast period. Rising consumption of packaged food and beverages and increasing investments in setting up recycling plants are propelling the market growth in the region
• COVID-19 has positively influenced the market as the demand for blow molded plastics increased with the production of sanitizers, cleaning products, and packaged food and beverages

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Blow Molding Tools Market Segmentation

Grand View Research has segmented the global blow molding tools market on the basis of method, application, and region:

Blow Molding Tools Method Outlook (Revenue, USD Million, 2017 - 2030)

• Extrusion
• Injection
• Stretch

Blow Molding Tools Application Outlook (Revenue, USD Million, 2017 - 2030)

• Packaging
• Consumables & Electronics
• Automotive & Transportation
• Building & Construction
• Medical
• Others

Blow Molding Tools Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Blow Molding Tools Market

• Abhijeet Dies and Tools Pvt. Ltd.
• ADM Precision Tools
• Creative Blow Mold Tooling
• Gemini Group
• HEISI INDUSTRIES, INC.
• Kanton Engineering
• Kaysun Corporation
• Polymold AG
• RPM International Tool and Die
• The Rodon Group

About Grand View Research

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

U.S. Practice Management Systems Market Latest Trends, Industry Growth And Forecast To 2030: Grand View Research Inc.

 U.S. Practice Management Systems Market Growth & Trends

The U.S. practice management systems market size is expected to reach USD 11.5 billion by 2030, registering a CAGR of 4.5% during the forecast period, according to a new report by Grand View Research, Inc. Demand for practice management systems is growing due to increasing pressure to curb healthcare costs and changing dynamics of hospital/healthcare settings. Increasing focus on implementing cost-effective, quality care will further boost the market growth.

With the help of practice management systems, healthcare providers can offer the right treatment at an effective price, thus reducing treatment costs. Over the forecast period, the COVID-19 influence is projected to drive the growth of the market. Key Players such as Allscripts Healthcare have offered a package of COVID-19 solutions for hospitals that address disease-specific needs such as SunriseTM EHR, Parago HER, and Allscripts Care Director, with the target of reducing screening and monitoring time. These screening steps can help with patient identification and tracking of patients confirmed or suspected to have coronavirus infection. Initiatives like these positively impacted the market growth during the pandemic.

The increase in adoption of IoT in healthcare and technological breakthroughs, increased use of mobiles and the internet, and rising demand for practice management solutions are key factors attributing to the market growth. Political instability, economic stress, and lack of proactive initiatives are exerting adverse effects on healthcare funding. Despite significant healthcare-related funding and insurance programs, there has been a constant rise in healthcare costs in the U.S., thus affecting healthcare providers. 

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U.S. Practice Management Systems Market Report Highlights

• Changing dynamics of hospital/healthcare settings and the development and sale of value-added services are driving the growth of the market
• The integrated product segment captured the largest market share in 2021 due to benefits, such as enhanced efficiency and communication across various departments and reduced administrative and medical errors
• Software held the largest revenue share in the component segment in 2021 owing to technological advancement and new product launches
• The cloud-based practice management solutions segment is expected to showcase the fastest growth during the forecast period owing to advantages such as ready availability of information even in remote locations, higher reliability, and faster processing
• Physician back office dominated the end-user segment in the market in 2021 due to the growing adoption of this system in the physician offices
• The increasing focus of the Association of American Medical Colleges on the increasing number of physicians and healthcare facilities across the region is expected to drive the market growth 

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U.S. Practice Management Systems Market Segmentation

Grand View Research has segmented the U.S. practice management systems market based on product, component, delivery mode, and end use:

U.S. Practice Management Systems Product Outlook (Revenue, USD Million, 2017 - 2030)

• Integrated
• Standalone

U.S. Practice Management Systems Component Outlook (Revenue, USD Million, 2017 - 2030)

• Software
• Services

U.S. Practice Management Systems Delivery Mode Outlook (Revenue, USD Million, 2017 - 2030)

• On-premise
• Web-based
• Cloud-based

U.S. Practice Management Systems End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Physician Back Office (Solo practitioners)
• Hospitals (Group practitioners)
• Pharmacies
• Diagnostic Laboratories
• Other Settings

List of Key Players in the U.S. Practice Management Systems Market

• Henry Schein MicroMD
• Allscripts Healthcare Solutions, Inc.
• AdvantEdge Healthcare Solutions, Inc.
• Cerner Corporation
• GE Healthcare
• McKesson Corporation
• Athenahealth, Inc.
• EPIC Systems Corporation
• Accumedic Computer Systems, Inc.
• NextGen Healthcare Information System LLC
• eClinicalWorks LLC
• CareCloud
• Kareo
• AdvancedMD
• DrChrono, Inc
• CollaborateMD
• Office Ally

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.

Chest Bags Market to Observe Strong Development by 2030: Grand View Research Inc.

 Chest Bags Market Growth & Trends

The global chest bags market size is anticipated to reach USD 7.2 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.3% from 2022 to 2030. Chest bags have recently emerged as a perfect choice and recent trend in the daily life of the users. They come in a size that helps fit everything that one may need throughout the day when outside the home. Some of the essentials, like for example gadgets, sunglasses, keys, and credit cards are safe in this kind of bag.

The market is mainly driven by the comfort, style, and functional aspect of such bags as they are strong, durable, and offer a hands-free experience. Further, they come in multiple colors, compartments, and materials, thereby offering comfort, convenience, and multi-purpose functions. Increased usage of chest bags among working professionals is expected to remain a key trend in the market. The rapid growth of the organized sectors and corporates is further boosting the demand for the product. Rising income levels coupled with growing brand awareness in the emerging economies have been strengthening the industry growth significantly.

In terms of product, the strap segment dominated the market and accounted for the highest revenue share in 2021. However, the sling segment is gaining traction in the market as the weight is distributed more evenly, making them outperform messenger or tote bags. These bags don’t just come in standard colors like black and brown but they come in endless colors, prints, and materials. The rising prominence of sports activities on account of health and wellness trends, the growing influence of social media platforms and celebrity endorsements, and the rise in international sports events encourage consumers to purchase the trendiest sports bags supporting segmental growth. Meanwhile, the substantial boom in the travel and tourism sector fosters the demand for travel bags.                

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Chest Bags Market Report Highlights

• The sling chest bags segment is projected to be the fastest-growing segment over the forecast period. The luxury sling bag has become a fashion icon and is used as a status identity in society. They are designed to eliminate neck ache, backache, and shoulder ache, unlike other heavy backpacks. Their usage has been increasing tremendously among working women and is expected to poise positive growth
• An increasing number of sports and fitness activities, such as football and basketball, and an increase in the number of women participating are factors likely to supplement the growth of the sports bags segment during the forecast years
• The number of online shoppers is increasing remarkably owing to the increasing number of smartphone users and rapid penetration of the internet across the globe. This, in turn, is projected to bolster the growth of the online distribution channel
• Increasing employment, a flourishing manufacturing industry, the rapid expansion of the consumer goods industry, and a growing young population in Asia Pacific are anticipated to prosper the growth of the market in the region. The market is expected to witness the highest CAGR over the coming years

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

Chest Bags Market Segmentation

Grand View Research has segmented the global chest bags market based on product, application, end user, distribution channel, and region:

Chest Bags Product Outlook (Revenue, USD Million, 2017 - 2030)

• Sling
• Strap

Chest Bags Application Outlook (Revenue, USD Million, 2017 - 2030)

• Tactical
• Sports
• Travel
• Others

Chest Bags End-user Outlook (Revenue, USD Million, 2017 - 2030)

• Men
• Women

Chest Bags Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Online
• Offline

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

• North America
  • US.
• Europe
  • Germany
  • UK.
• Asia Pacific
  • Japan
  • Australia
• Central & South America
  • Brazil
• Middle East & Africa
  • Saudi Arabia

List of Key Players of Chest Bags Market

• H&M Group
• Asos
• Christian Dior
• Louis Vuitton
• Cut & Stitch
• Western Textile & Manufacturing, Inc.
• Baikal Inc.
• Waterfly Chest
• Clutch Made Factory
• Continental Bag Company

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.

Micro-Magnetic Resonance Imaging Market to Reach Around USD 2.5 Billion by 2030: Grand View Research Inc.

 Micro-Magnetic Resonance Imaging Market Growth & Trends

The global micro-magnetic resonance imaging market size is expected to reach USD 2.5 billion by 2030, registering a CAGR of 4.3%, according to a new report by Grand View Research, Inc. Growing technological advancements in the field of micro-magnetic resonance imaging, increase in adoption of non-invasive small-animal imaging techniques, and increased funding to support preclinical research is expected to boost the market growth for micro-magnetic resonance imaging (MRI). Micro MRI is an efficient system since it does not use ionizing radiation, provides good spatial resolution, and is particularly suitable for imaging soft tissues. Micro-MRI has a wide range of applications in small animals, including functional, anatomical, and molecular imaging. And is used in a variety of fields, including pharmacology, brain mapping, neurodegenerative illness, and psychiatry.

Technological developments are likely to contribute to market expansion, such as high magnetic field strength, high resolution, and cryogen-free systems. Furthermore, a rise in the adoption of micro MRI for preclinical research is expected to fuel the market growth during the forecast period. For instance, In August 2021, Bruker and the Karlsruhe Institute of Technology (KIT) in Germany completed the installation of the BioSpec 152/11, a 15.2 Tesla ultra-high field magnetic resonance (MR) imaging system. In January 2022, At Arizona State University in Tempe, Arizona, MR Solutions installed a 9.4T MRI system with variable fields at 7T and 3T.

Several obstacles arose as a result of the COVID-19 pandemic, including logistical constraints, low demand, and reduced sales and marketing activities. However, by mid-2022, the market is predicted to be steadily improving by encouraging end-users to embrace high-end technologies for pre-clinical research. This is expected to significantly boost the growth of the market for micro-magnetic resonance imaging in the coming years.

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Micro-Magnetic Resonance Imaging Market Report Highlights

• The superconductive magnet segment dominated the market in 2021 and is expected to grow at the fastest rate during the forecast period
• The universities and academic segment held the largest revenue share of about 32.0% in 2021
• The preclinical imagingand testing facilities segment is estimated to register the fastest growth rate during the forecast period
• North America dominated the market and accounted for the largest revenue share in 2021
• In Asia Pacific, the market is anticipated to witness the fastest CAGR over the forecast period owing to the increase in research and development activities in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/global-micro-magnetic-resonance-imaging-market

Micro-Magnetic Resonance Imaging Market Segmentation

Grand View Research has segmented the global micro-magnetic resonance imaging market based on type, end-use, and region:

Micro-MRI Type Outlook (Revenue, USD Million, 2018 - 2030)

• Superconductive Magnet
• Permanent Magnet

Micro-MRI End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Universities and Academic
• Biotechnology and Pharmaceutical Companies
• Preclinical Imaging and Testing Facilities
• Contract Research Organizations
• Others

Micro-MRI Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Micro-Magnetic Resonance Imaging Market

• Bruker
• Siemens Healthineer
• Phillips
• Varian
• Mediso
• MR Solutions
• Aspect Imaging
• Agilent
• Cubresa
• United Imaging
• Time Medical System

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.

Food & Grocery Retail Market Precise Analysis on Business Overview, Product Scope And Ongoing Development 2022 – 2030

 Food & Grocery Retail Market Growth & Trends

The global food & grocery retail market size is expected to reach USD 14.78 trillion by 2030, registering a CAGR of 3.0% over the forecast period, according to a new report by Grand View Research, Inc. Shifting consumption expenditure from food service to food retail due to the COVID-19 pandemic-induced lockdowns, rising adoption of online channels for grocery purchases, and consumer polarization brought about by income changes are the primary factors leading to market growth. The COVID-19 pandemic resulted in unprecedented shifts in the food and beverage industry. With some restaurants closed and others were open only for takeaway or delivery, the majority of meals were consumed at home, particularly in locations where strict lockdown regulations were in place.

This resulted in unexpected fluctuations in grocery sales, and changing consumer preferences were visible in real-time through empty supermarket shelves. The recessionary pantry-stocking, nostalgic and decadent foods like confectionery, desserts, and salty snacks saw a surge in sales. Customers were willing to forego national brands in favor of retail brands and private label alternatives. The global market for beverages is expected to become the fastest-growing product segment during the forecast period. The segmental growth is credited to the launch of new products in the non-alcoholic beverage segment, which includes cocktail mixers, seltzers, non-alcoholic beer, and energy drinks among others.

The introduction of such diverse products coupled with the emergence of online sales of alcoholic beverages in developing economies is expected to be the major factor propelling the segment growth. The online distribution channel is expected to register the fastest CAGR during the forecast period. Even among baby boomers, digital orders for grocery purchases have become increasingly popular. Furthermore, the integration of online channels with brick-and-mortar stores is beginning to gain prominence. Asia Pacific dominated the global market in 2021 and is expected to maintain its dominance during the forecast period. The increasing number of working individuals coupled with the rising disposable income and convenient accessibility of supermarkets & grocery stores is the key driver of the regional market.

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Food & Grocery Retail Market Report Highlights

• The food cupboard segment accounted for the largest share of the global market in 2021 due to the increased at-home food consumption
• The supermarkets & hypermarkets distribution channel segment dominated the global market in 2021
• The growth can be credited to a large number of stores present across the world and a wide variety of products offered at a single place by these stores
• Asia Pacific is expected to be the fastest-growing regional market during the forecast period. The rapid adoption of online channels and its integration with brick-and-mortar stores for the purchase of food and grocery is expected to be the major factor driving the regional market
• Moreover, the growing number of internet users and the high proliferation of mobile app users are expected to boost the online sales of food and grocery in the APAC region
• The global market is fragmented with the presence of several global players as well as local & regional players

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

Food & Grocery Retail Market Segmentation

Grand View Research has segmented the global food & grocery retail market on the basis of product, distribution channel, and region:

Food & Grocery Retail Product Outlook (Revenue, USD Billion, 2017 - 2030)

• Fresh Food
• Frozen Food
• Food Cupboard
• Beverages
• Cleaning & Household
• Others

Food & Grocery Retail Distribution Channel Outlook (Revenue, USD Billion, 2017 - 2030)

• Supermarkets & Hypermarkets
• Convenience Stores, Departmental Stores & Clubs
• Online

Food & Grocery Retail Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List of Key Players of Food & Grocery Retail Market

• Walmart
• Costco Wholesale Corp.
• 7-Eleven, Inc.
• com, Inc.
• The Kroger Co.
• Target Brands, Inc.
• ALDI
• AEON Co Ltd.
• Carrefour CA
• Schwarz Gruppe

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.