U.S. Carbon Dioxide Market Set to Witness an Uptick during 2022 to 2030: Grand View Research Inc.

 U.S. Carbon Dioxide Market Growth & Trends

The U.S. carbon dioxide market size is expected to reach USD 6.59 billion by 2030, registering a CAGR of 8.4% over the forecast period, according to a new report by Grand View Research, Inc. Increasing usage of carbon dioxide for Enhanced Oil Recovery (EOR) in oil & gas plants is anticipated to result in the growth of the market. In terms of revenue, the hydrogen segment accounted for a significant share in 2021. The growth of this segment can be attributed to the presence of leading hydrogen-producing companies in the country that have CO2 manufactured as a byproduct during hydrogen production.

Substitute Natural Gas (SNG) is expected to be one of the major sources of the production of CO2 in the U.S. This is due to a rise in the discovery of natural gas reserves in the U.S. with the deployment of shale technology. The oil & gas application segment accounted for a significant share in 2021 owing to the application of carbon dioxide-based EOR in oil fields of the U.S. for efficient and effective oil production. Moreover, the usage of CO2 in the food & beverages and medical industries is anticipated to increase in the U.S. over the forecast period.

The growth of this segment can be attributed to the presence of a large base of food and beverage manufacturing facilities in the country, which is projected to expand further over the forecast period. The spread of COVID-19 hindered the growth of the market in 2020 and 2021 owing to the factors, such as the reduction in demand for CO2 in the country owing to lockdowns. However, an increase in demand for CO2 from the manufacturers of pharmaceuticals and essential commodities, such as fire safety products, has been witnessed in the U.S., as well as across the world.

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U.S. Carbon Dioxide Market Report Highlights

• In terms of revenue, the food & beverages application segment dominated the global market in 2021
• The hydrogen source segment accounted for the second-largest share of the global market revenue in 2021
• The growth of this segment can be attributed to the presence of leading hydrogen-producing companies in the country that have CO2 manufactured as a byproduct
• In terms of revenue, the SNG segment accounted for the maximum revenue share in 2021. SNG is derived from the gasification of coal and emits byproducts, such as CO2, hydrogen, carbon monoxide, and methane
• The rubber industry uses CO2 to clean the rubber molds and to remove flash from rubber objects by tumbling them with crushed dry ice in a rotating drum

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U.S. Carbon Dioxide Market Segmentation

Grand View Research has segmented the U.S. carbon dioxide market based on source, application:

U.S. CO2 Source Outlook (Volume, Million Tons; Revenue, USD Million, 2019 - 2030)

• Hydrogen
• Ethyl Alcohol
• Ethylene Oxide
• Substituted Natural Gas
• Others

U.S. CO2 Application Outlook (Volume, Million Tons; Revenue, USD Million, 2019 - 2030)

• Food & Beverages
• Oil & Gas
• Medical
• Rubber
• Fire Fighting
• Others

List of Key Players in U.S. Carbon Dioxide Market

• Linde plc
• Air Products Inc.
• Air Liquide
• Matheson Tri-Gas, Inc.
• Messer
• Continental Carbonic Products, Inc.
• Greco Gas Inc.
• Taiyo Nippon Sanso Corporation
• Universal Industrial Gases, Inc.
• Zephyr Solutions, LLC.

About Grand View Research

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

North America Product Design & Development Services Market Set to Record Exponential Growth by 2030: Grand View Research Inc.

 North America Product Design & Development Services Market Growth & Trends

The North America product design & development services market size is expected to reach USD 5.66 billion by 2030, registering a CAGR of 11.7% over the forecast period, according to a new report by Grand View Research, Inc. The COVID-19 pandemic has significantly impacted the market. During the crisis, the product development firms faced the major challenge of how to continue with business operations while not getting affected by the disease. Also, the huge cost of development, the financial risk of missing the mark, and market timing altogether contributed to the greatest challenges for medical device development and market driving innovation.

However, the ease in the supply chain and significant reduction in market entry barriers have resulted in the recovery of this market. The pandemic has significantly increased the demand for diagnostic kits, Personal Protective Equipment (PPE), ventilators, and other critical medical supplies. Since February 2020, the FDA has authorized over 250 Emergency Use Authorizations (EUAs). The EUAs cover in vitro diagnostics and other testing kits, PPE kits & ventilators, and ECMO devices, among others. The major drivers of the market are increasing complexity in product design, demand for quality products, and cost reduction.

Medical and life sciences companies face extreme cost pressures to develop new and innovative products in shorter time frames while complying with the stringent regulatory requirements of the medical device. The manufacturers face more hurdles in getting cost-effective high-quality products to market faster along with some internal factors, such as design and production. Hence, medical device companies adopt a design-to-manufacturing approach where design, engineering, as well as production teams work in collaboration to develop the product model. This approach enhances both product quality and profitability by decreasing errors in development and designing, thereby increasing success rates.

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North America Product Design & Development Services Market Report Highlights

• The research, strategy, & concept generation segment dominated the market in 2021 owing to the extensive research required at this stage
• The surgical instruments segment held the major market share in 2021due to the complexity of instruments that requires the need for precise design and development
• The medical device companies segment is projected to exhibit the fastest CAGR over the forecast period due to the increasing demand for advanced and quality medical products
• Key companies focus on mergers, acquisitions, product innovation, and other strategies to gain a higher market share
• For example, in November 2021, Planet Innovation (PI) acquired the North American operations of BIT Analytical Instruments GmbH, which manufactures regulated medical devices

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North America Product Design & Development Services Market Segmentation

Grand View Research has segmented the North America product design & development services market on the basis of services, application, end-use, and region:

North America Product Design & Development Services Outlook (Revenue, USD Million, 2017 - 2030)

• Research, Strategy, & Concept Generation
• Concept & Requirements Development
• Detailed Design & Process Development
• Design Verification & Validation
• Process Validation & Manufacturing Transfer
• Production & Commercial Support

North America Product Design & Development Services Application Outlook (Revenue, USD Million, 2017 - 2030)

• Diagnostic Equipment
• Therapeutic Equipment
• Surgical Instruments
• Clinical Laboratory Equipment
• Biological Storage
• Consumables
• Others

North America Product Design & Development Services End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Medical Device Companies
• Pharmaceutical Companies
• Biotechnology Companies
• Contract Research Organizations

North America Product Design & Development Services Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada

List of Key Players of North America Product Design & Development Services Market

• Ximedica
• DeviceLab Inc.
• Jabil Inc.
• Flex Ltd.
• Plexus Corp.
• Celestica Inc.
• Starfish Medical
• Nordson Medical
• Planet Innovation
• Donatelle
• Cambridge Design Partnership
• Aran Biomedical

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.

Digital Twin Market Predicted to Witness Steady Growth During the Forecast Period

 Digital Twin Market Growth & Trends

The global digital twin market size is projected to reach USD 155,839.4 million by 2030, registering a CAGR of 39.1% from 2022 to 2030, according to a new study by Grand View Research, Inc. Digital twin technologies were primarily developed and deployed in the manufacturing, aerospace, and automotive sectors for designing and simulating component and system twins. However, the rising need for virtualization and automation as well as the emergence of technologies, such as the Internet of Things (IoT) and Artificial Intelligence(AI) has opened up new avenues for digital twin solution providers across industries, such as retail, real estate, banking and finance, and healthcare, thereby driving the market growth.

Digital twins enable enterprises to create virtual representations of their existing workflow patterns, which can be then observed and optimized to reduce operational costs. The retail and residential sectors are expected to witness increased adoption of digital twin technologies with the increasing focus on optimizing vendor-to-customer supply chains, sales forecast, and development of smart city projects. The emergence of such varied applications has increased the demand for tailor-made solutions across the end-use industries to address specific requirements, which is anticipated to fuel market growth. The COVID-19 pandemic has expedited the adoption of digital twin technology across several industries owing to social distancing norms.

As offices are on the verge of reopening, several firms are expected to adopt the technology to facilitate employee safety by creating digital twins of workplaces and modifying furniture, workplaces, sitting arrangements, among other applications. In addition, the healthcare sector has witnessed a surge in the adoption of the digital twin technology to create virtual replicas of infected patients and use them for future research. For instance, in May 2021, Dell Technologies partnered with i2b2 tranSMART Foundation to create digital twins using de-identified patient data. The digital twin is then expected to help researchers perform innumerable treatment simulations for future treatments, which may help mitigate the spread of the disease.

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Digital Twin Market Report Highlights

• In terms of end-use, the automotive sector is expected to register the fastest CAGR over the forecast period. Increasing developments in electric and connected vehicles are the prime factors driving the adoption of digital twin technology in the automotive sector
• In terms of solutions, the system segment held the highest revenue share in 2021 due to the high deployment of digital twins in the automotive, manufacturing, and aerospace sectors to enhance existing engine models & manufacturing lines
• Asia Pacific is expected to register the fastest CAGR over the forecast period owing to the presence of well-established automotive and manufacturing industries and the rising proliferation of connected devices
• Key players in the market are adopting inorganic strategies to acquire a larger market share. For instance, in April 2021, Hexagon AB acquired CADLM, a design software company based in Wissous, France
• The acquisition was aimed at leveraging CADLM’s technology and expertise in AI to enhance Hexagon AB’s Smart Manufacturing autonomous and digital twin capabilities
• Furthermore, manufacturers would also be able to use digital twin for image recognition, predictive simulation, and fault prediction to address issues with downtime, quality, and flexibility throughout the manufacturing process

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Digital Twin Market Segmentation

Grand View Research has segmented the global digital twin market on the basis of end-use, solution, and region:

Digital Twin End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Manufacturing
• Agriculture
• Automotive & Transport
• Energy & Utilities
• Healthcare & Life Sciences
• Residential & Commercial
• Retail & Consumer Goods
• Aerospace
• Telecommunication
• Others

Digital Twin Solution Outlook (Revenue, USD Million, 2018 - 2030)

• Component
• Process
• System

Digital Twin Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Digital Twin Market

• ABB
• AVEVA Group plc
• Dassault Systemes
• General Electric
• Hexagon AB
• IBM Corp.
• SAP

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. 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

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

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

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

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. 

Request a free sample copy or view the report summary: U.S. Practice Management Systems Market Report

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 

Access Press Release@ https://www.grandviewresearch.com/press-release/us-practice-management-systems-market-analysis

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.