Global Demand for Therapeutic Contact Lenses Market to Incur Considerable Upsurge During 2022– 2030: Grand View Research Inc.

 Therapeutic Contact Lenses Market Growth & Trends

The global therapeutic contact lenses market size is expected to reach USD 7.08 billion by 2030, registering a CAGR of 7.13% from 2022 to 2030, according to a new report by Grand View Research, Inc. Therapeutic contact lenses can help repair tissue, manage pain, and maintain visual acuity, thereby surging its preference among individuals. Increasing adoption of therapeutic contact lenses among the developing economies after ocular surgery is estimated to surge the demand for therapeutic contact lenses. 

The increasing prevalence of glaucoma is anticipated to surge the demand for therapeutic contact lenses during the forecast period. For instance, as per the WHO, the number of people with glaucoma disorder is projected to rise from 76 million in 2020 to 95 million across the globe by 2030. Several researchers across the countries including China, U.K., and others are focusing on developing therapeutic smart contact lenses that will monitor eye pressure and treat glaucoma. 

Therapeutic lenses are used to manage a wide variety of corneal conditions including corneal erosions, corneal epithelial defects, bullous keratopathy, and postsurgical disorders such as post-laser vision correction and post-keratoplasty. Increasing application of therapeutic contact lenses in the treatment of eye disorders is anticipated to foster the overall market growth. 

The effects of the ongoing COVID-19 pandemic, as well as the mitigation measures, may continue to have a material adverse impact on the market. In initial 2020, almost every major market began to implement business shutdowns, including clinics of eye care professionals, and the delay of non-urgent surgical ophthalmic procedures, leading to a global economic stoppage. Such activities have caused disruptions to the operations, supply chain, facilities, and associate workforce, hindering the supply chain of medical devices including therapeutic contact lenses. 

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Therapeutic Contact Lenses Market Report Highlights

• Soft lens segment held the largest market share in 2021 as soft lenses are easier to adjust and are more comfortable than rigid lenses.
• Corneal surgery/disorders segment held significant market share in 2021 owing to the increasing number of corneal surgeries that require therapeutic contact lens for pain relief.
• E-commerce segment is anticipated to gain the highest market share during the forecast period due to the easy accessibility of contact lensesin less time via e-commerce and rising consumer preference for online shopping.
• North America was the leading region in 2021 owing to the increasing demand for therapeutic contact lens, which is used for the treatment of several ocular diseases.
• The Asia Pacific region is expected to grow at the fastest growth rate during the forecast period due to the rising number of surgeries in phototherapeutic keratectomy across several countries of Asia.
• Some of the major players include Bausch & Lomb Incorporated, Advanced Vision Technologies, Contamac, Alcon, Surgitech Innovation, Johnson & Johnson Vision Care, CooperVision, and X-Cel Specialty Contacts. 

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Therapeutic Contact Lenses Market Segmentation 

Grand View Research has segmented the global therapeutic contact lenses market based on product type, application, distribution channel, and region:

Therapeutic Contact Lenses Product Type Outlook (Revenue, USD Million; 2017 - 2030)

• Soft Lens
  • Silicon hydrogel
  • Hydrogel
  • Others
• Rigid Lens

Therapeutic Contact Lenses Application Outlook (Revenue, USD Million; 2017 - 2030)

• Corneal Surgery/Disorders
• Post Ocular Surgery
• Drug Delivery
• Others

Therapeutic Contact Lenses Distribution Channel Outlook (Revenue, USD Million; 2017 - 2030)

• Retail
• E-commerce
• Others

Therapeutic Contact Lenses Regional Outlook (Revenue, USD Million; 2017 - 2030)

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

List of Key Players in Therapeutic Contact Lenses Market

• Bausch & Lomb Incorporated
• Advanced Vision Technologies
• CooperVision
• VISTAKON (division of Johnson & Johnson Vision Care, Inc.)
• X-Cel Specialty Contacts
• Contamac
• Excellent Hi-Care Pvt Ltd
• Alcon
• Surgitech Innovation
• UltraVision CLPL

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.

Catheter Market to Expand at a CAGR of 6.5% Through 2030: Grand View Research Inc.

 Catheter Market Growth & Trends

The global catheter market size is anticipated to reach USD 85.2 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.5% from 2022 to 2030. An increasing number of surgeries due to a rise in the number of chronic ailments such as diabetes, cardiovascular disorders, urological disorders, end-stage renal diseases, and other chronic conditions is expected to increase the adoption rate of catheters, thus driving the market over the forecast period.

COVID-19 is expected to have a positive impact on the market. According to National Center for Biotechnology Information (NCBI) in 2020, during the early stages of the COVID-19 pandemic, the use of both indwelling urinary catheters and Central Venous Catheters (CVC) increased, which is projected to boost market growth. Moreover, several manufacturers offering products such as coated urine catheters with temperature monitoring to ICU patients as a stronger protection against secondary infections, which is expected to boost market growth in the coming years.

Furthermore, technological advancements plays crucial role in fueling the market growth. For instance, miniaturized catheters and introduction of antimicrobial catheters to reduce catheter-associated infections are expected to favor the catheter market growth. MAHURKAR Chronic Carbothane catheter, developed by Medtronic, is made of Carbothane, which facilitates a simple single-insertion technique and ensures superior kink resistance. The catheter delivers high flow rates with low arterial and venous pressures.

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Catheter Market Report Highlights

• On the basis of product type, the cardiovascular catheters segment dominated the market in 2021 with the share of a 28.02%. Rise in the prevalence of cardiovascular disorders which in turn, is increasing the demand for interventional cardiac procedures
• Based on the distribution channel, the hospital stores segment dominated the market in 2021 with a share of 53.83% owing to an increase in the number of hospital admission rates and an upsurge in surgical procedures globally
• North America dominated the market with the highest revenue share of 31.94% in 2021 owing to a high incidence rate of chronic disorders as well as the availability of highly skilled physicians in this continent

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Catheter Market Segmentation

Grand View Research has segmented the global catheter market on the basis of product type, distribution channel, lumen, end-user and region:

Catheter Product Type Outlook (Revenue, USD Million, 2018 - 2030)

• Cardiovascular Catheters
  • Electrophysiology Catheters
  • PTCA Balloon Catheters
  • IVUS Catheters
  • PTA Balloon Catheters
• Urology Catheters
  • Hemodialysis Catheters
  • Peritoneal Catheters
  • Foley Catheters
  • Intermittent Catheters
  • External Catheters
• Intravenous Catheters
  • Peripheral Catheters
  • Midline Peripheral Catheters
  • Central Venous Catheters
• Neurovascular Catheters
• Specialty Catheters
  • Wound/Surgical Catheters
  • Oximetry Catheters
  • Thermodilution Catheters
  • IUI Catheters

Catheter Lumen Outlook (Revenue, USD Million, 2018 - 2030)

• Hospital Stores
• Retail Stores
• Others

Catheter Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Single-lumen
• Double-lumen
• Triple-lumen

Catheter End-user Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Ambulatory Surgical Centers
• Long-term Care Facilities
• Others

Catheter Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Catheter Market

• Hollister Incorporated
• Medtronic
• Boston Scientific Corporation
• Edwards Lifesciences
• Smith Medical Inc.
• Teleflex Incorporated
• ConvaTec Group Plc
• Cure Medical 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.

Prebiotics Market Poised to Expand at a Robust Pace of USD 21.2 Billion Over 2030: Grand View Research Inc.

 Prebiotics Market Growth & Trends

The global prebiotics market size is expected to reach USD 21.2 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 14.9% over the forecast period. The growing demand for fiber-rich food products is expected to drive the market. Rising investments in the food & beverage industry for innovation and development of new food products enriched with prebiotics coupled with the rising demand in dietary supplements application, particularly in infant foods are expected to propel market growth over the forecast period. In addition, the rising use of prebiotics in animal feed is expected to drive the demand. High emphasis on improving overall health is also expected to fuel product demand over the forecast period.

The emergence of prebiotics as an alternative to antibiotics is expected to fuel demand in animal feed applications. Increasing dairy production is expected to have a positive impact on the market over the estimated period. The demand for prebiotics is also influenced by the rising consumer inclination toward slimming food products and supplements, especially among sports enthusiasts. These products help athletes restore energy, improve muscular endurance, and minimize body wear & tear. Growing consumer interest in weight management, especially in working professionals, owing to the increasing concerns regarding obesity is expected to amplify the utilization of prebiotics over the next few years.

North America accounted for a significant market share in 2021 and will expand further at a steady CAGR due to the rising focus on preventive healthcare and demand for prebiotics-enriched foods. The growing innovation in the field of prebiotic-rich protein/fiber supplements is also expected to propel the segment growth over the forecast period. The global industry was highly fragmented on account of the presence of numerous players. Key companies have a global reach owing to their large number of manufacturing facilities and sales offices spread across the major continents.

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Prebiotics Market Report Highlights

• The inulin ingredients segment accounted for the largest revenue share in 2021 due to wide usage in the treatment of diabetes on account of its high antioxidant activity
• Moreover, other health benefits coupled with easier availability from natural sources including banana and garlic are expected to drive the product demand
• Galacto-oligosaccharides(GOS) accounted for a significant revenue share in 2021 owing to the growing use in dietary supplements
• GOS has several health benefits including improving bone mineralization by enhancing calcium absorption, preventing colon cancer, stimulating bifidobacteria growth, and substituting human milk oligosaccharides. These health benefits are expected to drive the market demand
• The dietary supplements application segment is expected to register the fastest CAGR from 2022 to 2030 due to the increasing consumption in Europe and North America owing to rising health consciousness and the growing importance of prebiotics in weight management

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Prebiotics Market Segmentation

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

Prebiotics Ingredients Outlook (Volume, Kilotons, Revenue, USD Million, 2017 - 2030)

• Fructo-oligosaccharide (FOS)
• Inulin
• Galacto-oligosaccharides (GOS)
• Mannan-oligosaccharide (MOS)
• Others (Oligosaccharides, Chicory Fructans, HMO, XOS)

Prebiotics Application Outlook (Volume, Kilotons, Revenue, USD Million, 2017 - 2030)

• Prebiotic Food & Beverages
  • Dairy Products
  • Cereals
  • Baked Food
  • Fermented Meat Products
  • Dry Food Prebiotics
  • Others
• Prebiotic Dietary Supplements
  • Food Supplements
  • Nutritional Supplements
  • Specialty Nutrients
  • Infant Foods
• Animal Feed Prebiotics

Prebiotics Regional Outlook (Volume, Kilotons, Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Prebiotics Market

• Abbott Laboratories
• BENEO GmbH
• Bright Food (Group) Corp. Ltd.
• Cargill, Inc.
• Kraft Foods Group, Inc.
• Cosucra Groupe Warcoing SA
• The Kraft Heinz Company
• FrieslandCampina
• Jarrow Formulas, Inc.
• Parmalat S.p.A
• Roquette Frères
• Royal Cosun
• Yakult Honsha Co., 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.

Wound Dressing Market Projected to Discern Stable Expansion by 2030

 Wound Dressing  Market Growth & Trends

The global wound dressing market size is expected to reach USD 19.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.3% from 2022 to 2030. Increasing number of people suffering from chronic wounds, rise in technologically advanced dressing and rising cases of traumatic accidents are expected to be the key driving factors for the market.

There has been increase in number of people suffering from chronic disorders such as diabetes, as a result, the number of people suffering from diabetic foot ulcers are increasing. For instance, as per International Diabetes Federation, an estimated population of 61 million people aged between 20-79 years living in Europe were suffering from diabetes. Similarly, according to NCBI, the incidence rate of diabetes foot ulcers globally is between 9.1 million to 26.1 million annually. Thus, the rise in diabetes and diabetic foot ulcer patients is increasing the demand for wound dressing products, thereby impelling the market over the forecast period.

Moreover, there has been global increase in number of traumatic accidents such as burns, gunshots and road accidents. For instance, according to stats by WHO, approximately 11 million burn cases occur worldwide, which leads to 180,000 deaths globally, Similarly, as per NCBI, every day, more than 30,000 burn cases are registered globally. Therefore, the rising global number of burn cases is anticipated to impel market growth over the forecast period.

The outbreak of COVID-19 resulted in nationwide lockdown worldwide, as a result the growth of market was restricted to a certain extent. However, the market is projected to witness a significant growth rate during the post-pandemic period. This can be attributed to various strategies such as product launches, partnerships, and geographic expansion used by leading market players. For instance, in December 2020, Molnlycke Health Care AB, launched a new distribution in the U.K. It was a strategic move, strengthening their supply chain to increase the product reach in the U.K. population. Thus, as a result of aforementioned factors, the market is expected to have a significant growth during the post-pandemic period, thereby, propelling the market.

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Wound Dressing Market Report Highlights

• On the basis of product, the advanced dressing segment dominated the market and accounted for a revenue share of 55.1% in 2021, and is projected to witness fastest growth rate over the forecast period. This can be attributed to rising cases of traumatic accidents globally
• Based on application, the chronic wounds segment dominated the market and is anticipated to witness fastest CAGR of 5.6% over the forecast period
• The hospitals segment, dominated the market and accounted for revenue share of 45.1% in 2021. Whereas, the home healthcare segment is expected to witness the fastest growth rate of 5.9% over the forecast period. The growth rate can be attributed to rise in awareness among the public
• North America dominated the market and accounted for revenue share of 45.4% in 2021, however, Asia-Pacific region is projected to witness the fastest growth rate over the forecast period. This can be attributed to the rising geriatric population and increase in number of people suffering from diabetes

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Wound Dressing Market Segmentation

Grand View Research has segmented the global wound dressing market on the basis of product, application, end-use, region:

Wound Dressing Product Outlook (Revenue, USD Million, 2018 - 2030)

• Traditional Dressing
  • Gauze
  • Tape
  • Bandages
  • Cotton
• Advanced Dressing
  • Moist Dressing
    • Foam Dressing
    • Hydrocolloid Dressing
    • Film Dressing
    • Alginate Dressing
    • Hydrogel Dressing
    • Collagen Dressing
    • Other Advanced Dressing
  • Antimicrobial Dressing
    • Silver Dressing
    • Non-silver Dressing
  • Active Dressing
    • Biomaterials
    • Skin-substitute

Wound Dressing Application Outlook (Revenue, USD Million, 2018 - 2030)

• Chronic Wounds
  • Diabetic Foot Ulcers
  • Pressure Ulcers
  • Venous Leg Ulcers
  • Other Chronic Wounds
• Acute Wounds
  • Surgical & Traumatic Wounds
  • Burns

Wound Dressing End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Specialty Clinics
• Home Healthcare
• Others

Wound Dressing Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Wound Dressing Market

• 3M
• Coloplast Corp.
• Medline Industries
• Smith & Nephew
• Medtronic
• ConvaTec Group PLC
• Derma Sciences (Integra LifeSciences)
• Ethicon (Johnson & Johnson)
• Baxter International
• Molnlycke Health Care AB

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.

Fuel Cell Vehicle Market to Reach Around USD 36.89 Billion by 2030: Grand View Research Inc.

 Fuel Cell Vehicle Market Growth & Trends

The global fuel cell vehicle market size is expected to reach USD 36.89 billion by 2030 with a CAGR growth of 49.9% in the forecast period, according to a new report by Grand View Research, Inc. Factors such as strict environmental laws, the availability of incentives and subsidies for clean fuels, and hazardous gas emissions from combustion engine are the key drivers driving the global growth of the fuel cell vehicle market. Vehicle emissions have a negative influence on the environment and human life, and several government agencies have enacted rigorous emission regulations. As long as regulatory rules are met, fuel cell vehicles will be in high demand. The growing awareness among manufacturers of the damage caused by car emissions on the environment and the development of alternative powertrains is fueling the market growth.

The government's major goal in developed countries is to develop and install hydrogen refueling stations. The government's primary goal in developing countries is to design a strategic plan for the commercial roll-out of fuel cell technology. Therefore, the urgent need for infrastructure investment is another aspect driving market growth. To boost the market growth for the fuel cell vehicle market, several countries such as Australia, Canada and South Korea are aiming for a full range of hydrogen filling stations across the world.

Although, fuel cell vehicles are expensive and hydrogen (per kilo) is expensive in some locations, these reasons are impeding the growth of the fuel cell vehicle market. It is a scalable and adaptable electrical source for big transportation applications such as material handling trucks, buses, railroads, defense vehicles, and light commercial vehicles (LCVs). In commercial applications, it is also employed as a stationary fuel source. Furthermore, rising government attempts to promote fuel cells for transportation provide the potential for the fuel cell vehicle market to develop.

The North America and Asia Pacific is expected to witness positive market growth owing to the increased adoption of passenger and commercial electric vehicles. The markets are experiencing strong advocacy to make fuel cell vehicles mainstream due to its positive impact on the environment. The government in the Asia Pacific are also promoting the uptake of fuel cell vehicle by providing subsidies to the buyers. Thus, propelling the market growth.

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Fuel Cell Vehicle Market Report Highlight

• The market is expected to register growth due to increased crude oil prices and increasing concentration of carbon emission
• The governments of developed and developing countries are actively investing in fuel cell technology and infrastructure
• The passenger car segment is expected to witness growth owing to extensive usage for commuting and supply chain purpose
• The industry's progress is limited by a failing distribution network, fear of electric shock, and flammability owing to the chemical attribute of hydrogen fuel cells, which act as a limitation on the market's growth

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Fuel Cell Vehicle Market Segmentation

Grand View Research has segmented the global Fuel Cell Vehicle market report based on vehicle type, and region:

Fuel Cell Vehicle Type Outlook (Revenue, USD Billion; 2018 - 2030)

• Passenger Cars
• LCV’s
• HCV’s

Fuel Cell Vehicle Regional Outlook (Revenue, USD Billion; 2018 - 2030)

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

List of Key Players in Fuel Cell Vehicle Market

• Daimler AG
• Honda Motors Co. Ltd.
• Nikola Corporation
• Toyota Motor Corporation
• Hyundai Motor Group
• Ballard Power System Inc.
• Volvo AB
• General Motors
• BMW AG
• Audi AG

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.

Battery Recycling Market Estimated To Flourish By 2030: Grand View Research Inc.

 Battery Recycling Market Growth & Trends

The global battery recycling market size is expected to reach USD 19.9 billion by 2030, registering a CAGR of 7.6% during the forecast period, according to a new report by Grand View Research, Inc. The presence of stringent government regulations is expected to have a positive impact on the market during the coming years.

Transportation application is expected to witness rapid growth in the battery recycling market. Growing demand for lithium-ion batteries in electric vehicles and portable devices, on account of their high efficiency, long life, and low maintenance is expected to positively impact the demand for recycled products.

The industry is price-driven, which in turn is expected to restrain the market growth during the forecast period. Price becomes a key differentiating factor as most recyclers make use of more or less the same technology. High competition among the players does not allow large variation in the prices, thereby reducing the profitability of recycling firms.

Companies are making efforts to improve their competitiveness by setting up new collection centers and recycling plants. Moreover, new processes are being developed to bring down costs & combat environmental pollution. ECOBAT has developed its own collection system to gather spent batteries. Furthermore, new processes are being developed to reduce costs and prevent environmental pollution.

For instance, in January 2021, Li-cycle began construction of a Li-ion battery recycling facility in New York, U.S. When operational, the facility is expected to have a capacity of 25.0 metric kilotons of battery waste, retrieving 95.0% or more of the lithium, nickel, cobalt, and other precious components with the zero-emissions and wastewater process.

Lockdowns implemented due to the COVID-19 led to a temporary halt on import and export along with manufacturing and processing activities, across multiple industries, reducing demand for the batteries from a variety of automotive and non-automotive end-users.

As a result, there was a negative impact on the market growth in 2020. However, the market has been gradually recovering since 2021 due to a significant increase in use and demand for consumer electronics such as smartphones, tablets, and laptops, during the pandemic. Furthermore, globally increased demand for electric vehicles is expected to drive the transportation application segment of the battery recycling market during the forecast period.

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Battery Recycling Market Report Highlights

• The lithium-ion segment is expected to register a CAGR of 8.8% from 2022 to 2030, due to the growing demand from the electric vehicle industry
• The lead-acid category dominated the battery recycling market in 2021 and is expected to grow at a CAGR of 7.7% from 2022 to 2030 due to cost-effectiveness, high recycling ability, and high capacity
• The transportation segment emerged as a significant application in 2021 and is expected to expand at the fastest CAGR of 8.0% from 2022 to 2030 due to expanding marine, automotive, and aviation industries
• Europe held a 31.4% revenue share of the global market for battery recycling and is expected to expand by a 7.8% CAGR from 2022 to 2030 due to stringent government laws governing battery recycling in the region
• Asia Pacific is anticipated to be the fastest-growing market from 2022 to 2030 on account of rapidly growing end-use industries including automotive, consumer electronics, and industrial application
• Mergers & acquisitions, agreements, and expansions are the key strategies being adopted by the companies during the past years. For instance, in January 2022, Electra partnered with Marubeni to obtain the black mass created from recycling Li-ion batteries. Electra wants to use Marubeni's globally extensive network of battery cell recyclers to assure a consistent supply of Li/Co composites

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Battery Recycling Market Segmentation

Grand View Research has segmented the global battery recycling market report based on the chemistry, application, and region:

Battery Recycling Chemistry Outlook (Revenue, USD Million; 2019 - 2030)

• Lithium-ion
• Lead acid
• Nickle
• Others

Battery Recycling Application Outlook (Revenue, USD Million; 2019 - 2030)

• Transportation
• Consumer electronics
• Industrial

Battery Recycling Regional Outlook (Revenue, USD Million; 2019 - 2030)

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

List of the key players in Battery Recycling Market

• EnerSys
• G&P Batteries
• Exide Technologies
• Aqua Metals
• ECOBAT
• Call2Recycle

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.

Composable Infrastructure Market Latest Trends, Industry Growth And Forecast To 2030: Grand View Research Inc.

 Composable Infrastructure Market Growth & Trends

The global composable infrastructure market size is expected to reach USD 101.92 billion by 2030, expanding at a CAGR of 50.4% from 2022 to 2030, as per a new report by Grand View Research, Inc. The heightened customer expectations, the high adoption rate of virtualization, and increasing investments in digital transformation (from traditional infrastructure to new infrastructure) by enterprises are supporting the growth of composable infrastructure during the forecast period.

Organizations can benefit from composable infrastructure in several ways, including enhanced operational efficiency, reduced capital expenditure, agile framework, and automation, among others. All these factors are augmenting the growth of this market. With composable infrastructure, all Information Technology (IT) essentials can be managed from a single location, eliminating the need to add hardware separately.

Several organizations focus on finding intelligent ways to utilize their resources, allowing firms to pool their compute, storage, and interconnect resources. However, they have to strive hard to find skilled IT professionals and other IT solutions that provide similar control and visibility as their on-premises solutions. These factors are hindering the market growth. However, the emergence of the hybrid cloud and the increasing investments in data center technologies are providing an opportunity for overall market growth.

Composable systems can offer on-demand deployment through preferred templates, better use of IT personnel, and faster innovation of applications. These developments in composable infrastructures are expected to boost the market during the forecast period. The reduced price of solid-state drivers and the introduction of new technologies, such as 5D memory crystals, are driving investment in storage resources by organizations. Besides, every industry vertical in today’s time is collecting massive amounts of data to deliver a better customer experience; thus, proper management and security of data become vital for organizations.

The spread of smart devices and 5G networks are pushing IT & telecom companies to invest in composable infrastructure. Composable infrastructure allows organizations to support existing, traditional applications while benefiting from newer application development techniques such as continuous delivery (to produce software in short cycles). These factors will supplement the growth of the market during the forecast period.

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Composable Infrastructure Market Report Highlight

• The hardware segment accounted for the dominant market share of around 82% in 2021. The segment growth can be attributed to the growing number of enterprise applications and dynamic hardware requirements to make the IT infrastructure more scalable
• The BFSI sector is expected to advance at a significant CAGR of 51.0% during the forecast period. The segment growth can be attributed to the increased digital transactions, heightened customer expectations, and the need to eliminate application downtime
• The North American market size is expected to reach USD 36,180.4 million by 2030. The region has a strong demand for composable infrastructure due to growing data center consolidation and DevOps practice. Furthermore, countries such as the U.S. and Canada have a well-established IT infrastructure that is required for composable infrastructure; these factors are supplementing the regional market growth

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Composable Infrastructure Market Segmentation

Grand View Research has segmented the global composable infrastructure market based on component, end-use, and region:

Composable Infrastructure Component Outlook (Revenue, USD Million; 2017 - 2030)

• Hardware
• Software

Composable Infrastructure End-use Outlook (Revenue, USD Million; 2017 - 2030)

• BFSI
• IT & Telecommunication
• Retail & Consumer Goods
• Healthcare
• Manufacturing
• Others (Energy & Utilities, Government, and Media & Entertainment, among others)

Composable Infrastructure Regional Outlook (Revenue, USD Million; 2017 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • India
• South America
  • Brazil
• MEA 

List of Key Players of Composable Infrastructure Market

• HGST, Inc.
• DriveScale, Inc.
• TidalScale, Inc.
• Dell
• Liqid
• NetApp
• Nutanix
• Western Digital
• Hewlett Packard Enterprise (HPE)
• Cloudistics

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.

Vaginal Rejuvenation Market Is Projected To Reach Approximately USD 4.7 Billion By 2030: Grand View Research Inc.

 Vaginal Rejuvenation Market Growth & Trends

The global vaginal rejuvenation market is expected to reach USD 4.7 billion by 2030, according to a new report by Grand View Research, Inc. The Growing popularity of vaginal rejuvenation surgery due to the rising number of treatments offered, increasing demand for the surgery, a growing number of research studies, and associated controversies are propelling the market.

In addition, the growing adoption of non-invasive procedures, such as treatment with the help of laser and radiofrequency technologies is market. The launch of fractional carbon dioxide (CO2) laser has gained impressive popularity with promising results. It has significantly improved the lives of vulvovaginal atrophy (VVA) patients. This can be attributed to its non-invasive nature with less or no downtime and better results.

However, the social stigma associated with gynecological treatments and stringent regulations for energy-based gynecological treatments is hampering the market. The food and Drug Administration (FDA) has not approved any energy-based devices for the associated therapy. These devices have not yet established safety and effectiveness in conditions, such as menopause, incontinence, or intercourse.

The onset of COVID-19 affected the global aesthetic market with surgical cosmetic treatments witnessing a significant setback. The majority of the non-essential cosmetic procedures like vaginal rejuvenation were completely halted during the first and second quarters of 2020, however many dermatology and surgical centers have witnessed perpetual ease in reopening their services by the end of 2020 might help recover the market during the forecast period.

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Vaginal Rejuvenation Market Report Highlights

• By treatment type, the cosmetic vaginal rejuvenation segment held a larger share of the  market due to the growing demand for vaginal-associated surgeries, especially in the developed countries
• The reconstructive vaginal rejuvenation segment is expected to grow lucratively during the forecast period due to the rising patient pool reporting various issues regarding vaginal wall laxity, sexual dysfunction, and more
• North America registered a significant share in 2021 owing to the increasing number of vaginal procedures performed and the high disposable income of consumers
• The Asia Pacific is expected to grow considerably in the future owing to the growing popularity of various vaginal surgeries among patients
• A few of the key market players include Alma Lasers, Lutronic, ThermiGen, LLC, Viveve, BTL Group of Companies, VenusConcept, Fotona, Almirall, and Hologic.

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

Vaginal Rejuvenation Market Segmentation

Grand View Research has segmented the global vaginal rejuvenation market based on treatment type, and region:

Vaginal Rejuvenation Treatment Type Outlook (Revenue, USD Million, 2018 - 2030)

• Reconstructive Vaginal Rejuvenation
  • Perineoplasty
  • Vaginoplasty
• Cosmetic Vaginal Rejuvenation
  • G-Spot amplification
  • Labioplasty
  • Hymenoplasty
  • Hoodectomy

Vaginal Rejuvenation Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Vaginal Rejuvenation Market

• Alma Lasers,
• Lutronic,
• ThermiGen, LLC,
• Viveve,
• BTL Group of Companies,
• VenusConcept,
• Fotona,
• Almirall,
• Hologic

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.

India Care Services Market Factors Hindering The Growth Rate, Challenges and Restraints For Business Development 2030

 India Care Services Market Growth & Trends

The India care services market size is expected to reach USD 88.1 billion by 2030 expanding at a CAGR of 14.70%, based on a new report by Grand View Research. With increased awareness and favorable housing schemes, more elderly people are acquiring houses in senior living communities that provide various types of care services. Thus, the market is likely to be driven by the growing importance of such care services and the growing demand for these facilities across the country.

The reimbursement situation in the country is improving, as people are opting for post-hospitalization and follow-up treatments at home, owing to lower treatment costs. Chemotherapy, Chronic Obstructive Pulmonary Disease (COPD), hepatitis, gastroenteritis, and fever management are among the home healthcare therapies approved by insurance providers propelling the market growth.

Home healthcare services are gaining increasing importance in India due to their convenience & cost-effectiveness of home healthcare services. Patients can save up to 10% to 25% from their overall medical treatment costs by opting for home healthcare services. Modern-age networking has provided physicians with access to patient data from remote locations and the ability to provide immediate consultation. The majority of hospice & sullied nursing providers have started teleconsultation as well.

The COVID-19 pandemic further boosted telehealth services as it was the only option during the pandemic restrictions and a safe one to avoiding avoid the risk of infection at the hospitals. These services are reducing hospitalization time for patients, and saving costs for them, especially for long-term care. 

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India Care Services Market Report Highlights

• By Type, hospice & palliative care segment held the highest market share in 2021 due to the increasing geriatric population, and the shift in trend from communicable to lifestyle diseases
• Post-Acute care is expected to be the fastest-growing segment during the forecast period. This can be attributed to the technological advancements in healthcare, the cost-effectiveness of home-based healthcare, and the high burden of patients on hospitals in India
• By Region, West India has the highest market share in 2021, due to the high demand for care services in the west region as a result of the higher geriatric population in the particular region & increased attention by the key players towards the west region
• North Region is expected to witness the highest CAGR during the forecast period. This can be attributed to the better accessibility to quality care services with the presence of key players & better insurance coverage in the north region
• Key players in the market are expanding their services within India & investing in developing and adopting advanced technology. For Instance, In March 2020, Portea Medical and Verloop worked with the Government of Goa to develop a chatbot, Cobot-19. The chatbot was designed for providing information to the citizens and to help raise awareness about coronavirus

Access Press Release@ https://www.grandviewresearch.com/press-release/india-care-services-market-analysis

India Care Services Market Segmentation

Grand View Research has segmented the India care services market based on type & region:

India Care Services Type Outlook (Revenue, USD Million, 2017 - 2030)

• Skilled Nursing Facility
• Assisted Living Facility
• Hospice & Palliative Care
• Post-Acute Care

India Care Services Regional Outlook (Revenue, USD Million, 2017 - 2030)

• Central India
• North India
• West India
• East India
• Northeast India
• South India

List of Key Players of India Care Services Market

• Apollo Homecare
• Portea Medical
• Nightingales Home Health Services
• India Home Health Care (IHHC)
• Grand World Elder Care
• Healthcare at Home
• Bharath Home Medicare
• Care24
• Medfind
• Swarg Community care

About Grand View Research

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

Wood Plastic Composites Market Top Players, Segments, Cost Structure, Demand, Sales | 2030 Forecast

 Wood Plastic Composites Market Growth & Trends

The global wood plastic composites market is expected to reach USD 15.41 billion by 2030, growing at a CAGR of 11.5% over the forecast period, according to a new report by Grand View Research Inc. The market is driven by the rising demand for sustainable construction materials along with an increase in the renovation and repair activities in the residential sector across the globe.

Wood plastic composite has high durability, bending strength, shear strength, low moisture content, and low water absorption, as compared to conventional wood products. These properties have made it viable for use in railings, windows, doors, exterior siding, fencing, flooring, interior molding, and landscape materials.

The COVID-19 pandemic has resulted in significant changes in the global construction industry. Delay in new construction activities and intensification of labor shortages, along with an inadequate supply of raw materials have been some effects of the pandemic which had created an adverse impact on the market growth.

Increasing infrastructural development activities, especially in the emerging economies such as China, India, Thailand, and Brazil coupled with the growing demand for aesthetically appealing furniture and flooring solutions across the globe have surged the demand for wood plastic composite in the construction industry in the recent times.

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Wood Plastic Composites Market Report Highlights

• The polypropylene composites product segment accounted for USD 1.08 billion in 2021 and is projected to grow at a CAGR of 11.6% from 2022 to 2030. The demand is increasing as a result of its heavy use in the niche application segments such as water-resistant coatings on furniture and high temperature controllable wooden units.
• The automotive industry application segment accounted for the revenue share of 16.0% in 2021 on account of its favorable properties such as lightweight, machinability, durability, and environmental friendliness. These properties are also expected to boost the market revenue during the forecast period.
• The construction and building application segment is expected to grow at a CAGR of 11.5% from 2022 to 2030 on account of the positive impact of the increasing government support and investments in the development of housing infrastructures in various emerging economies.
• The Asia Pacific is projected to witness substantial market growth of 12.3% from 2022 to 2030. The construction industry in the region is expected to witness significant growth during the forecast period owing to the rising per capita income, ongoing urbanization, and growing population.
• Key players are adopting partnership strategies with companies to gain dominance in the market which provides them a competitive advantage in terms of manufacturing sustainable products and using advanced technologies in the field.
• The market is characterized by the presence of various small- and large-scale vendors, resulting in a moderate level of concentration in the market. Major manufacturers are focusing on their capacity expansions for developing various types of wood plastic composite products.

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

Wood Plastic Composites Market Segmentation

Grand View Research has segmented the wood plastic composites market based on product, application, and region:

Wood Plastic Composite Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• Polyethylene
• Polypropylene
• Polyvinylchloride
• Others

Wood Plastic Composite Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• Building and Construction
  • Decking
  • Molding & Siding
  • Fencing
• Automotive Components
• Industrial and Consumer Goods
• Others

Wood Plastic Composite Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Spain
  • Italy
  • Russia
  • Netherlands
  • Switzerland
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Thailand
  • Indonesia
  • Singapore
  • New Zealand
  • Philippines
• Central & South America
  • Brazil
  • Argentina
  • Chile
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • United Arab Emirates (UAE)
  • Egypt
  • Iran

List of Key Players of the Wood Plastic Composites Market

• Advanced Environmental Recycling Technologies, Inc. (AERT)
• Axion Structural Innovations LLC
• Beologic N.V.
• CertainTeed Corporation
• Fiberon, LLC
• Fkur Kunststoff GmbH
• Guangzhou Kindwood Co. Ltd.
• Jelu-Werk Josef Ehrler GmbH & Co. KG
• Woodmass
• PolyPlank AB
• Renolit
• TAMKO Building Products, Inc.
• TimberTech
• Trex Company, Inc.
• Universal Forest Product

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.