Smart Orthopedic Implants Market to Observe Strong Development by 2030: Grand View Research Inc.

 Smart Orthopedic Implants Market Growth & Trends

The global smart orthopedic implants market size is anticipated to reach USD 34.7 billion by 2030, according to a new report by Grand View Research, Inc. The total addressable market indicates the revenue opportunity available for smart orthopedic implants and is expected to expand at a notable CAGR of 4.3% from 2022 to 2030. The key factors driving the market growth include the rising number of orthopedic surgeries performed across the globe, the growing geriatric population, and technological advancements. According to the U.S. Census Bureau, in 2019, an estimated 75 million Americans were aged 60 years and older, out of the 328 million U.S. population. This indicates that a high number of the population in the country is vulnerable to chronic and acute orthopedic disorders, leading to an increased volume of surgeries.

The COVID-19 pandemic resulted in reduced demand and decreased sales in the overall orthopedic implants market including smart orthopedic implants. Market players had to face several challenges, such as restricted access to primary care, movement restrictions, supply chain challenges, difficulty in conducting clinical trials, and other logistical bottlenecks. However, the major impact was the postponement/cancellation of elective surgeries due to the pandemic. Most countries implemented lockdowns and social distancing norms while regulatory bodies and academic societies recommended the postponement of elective surgeries, thus leading to a negative impact on the market. The resumption of elective surgical procedures is expected to lead to increased demand for smart orthopedic implants over the coming years.

The adoption of robotic systems and digital enabling technologies, such as navigation systems, in orthopedic procedures is making these surgeries safer, with low postoperative complications, and better patient outcomes. This is thus a key driver estimated to propel the research, development, and applications of smart orthopedic implants. Market players are leveraging this trend to launch new products, integrate enabling technologies, expand R&D activities, and increase their market share. For instance, in April 2022, eCential Robotics partnered with Amplitude Surgicalto develop a joint robotic solution for knee surgery. Zimmer Biomet’s Persona IQ Smart Knee is a flagship product in the market that was granted De Novo classification by the FDA in August 2021.

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Smart Orthopedic Implants Market Report Highlights

• The rising prevalence of chronic orthopedic disorders and increasing diagnostic capabilities are increasing the number of orthopedic procedures performed globally, thus contributing to the market growth
• The knee application segment dominated the market in 2021 owing to smart knee implants leading the overall market with growing R&D activities, product approvals, and adoption of digital and enabling technology
• The implants component segment held the largest share of the overall market revenue in 2021 owing to higher cost, adoption, and availability of products
• As the incorporation of electronic components into implants grows with increasing R&D initiatives, the segment is projected to grow at the fastest CAGR over the forecast years
• The total replacement procedure segment accounted for the largest share of the global revenue in 2021 owing to the high number of total knee & hip replacement surgeries performed procedures across the globe
• The hospital end-use segment held the highest market share in 2021 as these facilities are the primary Point of Care (POC) for the diagnosis and treatment of orthopedic disorders

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Smart Orthopedic Implants Market Segmentation

Grand View Research has segmented the global smart orthopedic implants market based on application, component, procedure, end-use, and region:

Smart Orthopedic Implants Application Outlook (Revenue, USD Million, 2021 - 2030)

• Knee
• Hip
• Others

Smart Orthopedic Implants Component Outlook (Revenue, USD Million, 2021 - 2030)

• Implants
• Electronic Components

Smart Orthopedic Implants Procedure Outlook (Revenue, USD Million, 2021 - 2030)

• Total Replacement
• Partial Replacement
• Others

Smart Orthopedic Implants End-use Outlook (Revenue, USD Million, 2021 - 2030)

• Hospitals
• Others (ASCs, Research Institutes)

Smart Orthopedic Implants Regional Outlook (Revenue, USD Million, 2021 - 2030)

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

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.

Bromelain Market to Reach Around USD 45.09 Million by 2030: Grand View Research Inc.

 Bromelain Market Growth & Trends

The global bromelain market size is projected to reach USD 45.09 million by 2030, according to a new report by Grand View Research, Inc. It is expected to register a CAGR of 7.1% from 2022 to 2030. The market growth is majorly driven by the growing inclusion of the product in the healthcare, pharmaceutical, and dietary supplements industries due to its numerous health benefits.

Bromelain is a naturally occurring enzyme found in pineapple and the stem of pineapple. It is a type of proteolytic enzyme. The enzyme has numerous health benefits and has been used in indigenous medicine by tropical tribes. It has found its place in modern medicine too. It has been found as a very effective anti-inflammatory agent against allergies, one among its numerous benefits.

In the cosmetic industry, the product has found its place as a skin whitener and exfoliator. Its organic source makes it desirable and highly demanded in the contemporary world. Bromelain has no side effects and it has also been found to help the fast recovery of burn wounds and remove dead skin cells from wounds.

Another prominent application of bromelain is found in the meat and seafood industry. The increase in the consumption of meat and seafood globally has consequently increased the demand as it is used as a tenderizing agent as the enzyme present in bromelain hydrolyzes the proteins of the tough meat making it tender and pleasurable to eat.

Europe emerged as the second-largest market in 2021. The growth is attributed to the high consumption of meat and seafood and the increased R&D activities by the key companies in the region. Although the major production of bromelain takes place in tropical countries such as Thailand and the Philippines in Asia Pacific, most of the research, development, and product enhancement activities take place in Europe and North America. This makes them major contributors to revenue in the global market.

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Bromelain Market Report Highlights

• The dietary supplement application segment is anticipated to display profligate growth with a CAGR of 7.4%, in terms of revenue, from 2022 to 2030. This is attributed to increasing awareness among the people about nutrition supplements and self-care and also to increasing purchasing power of the people
• The healthcare application segment is also expected to showcase a CAGR of 7.3% in terms of revenue, from 2022 to 2030. This is owing to the utilization of bromelain in numerous treatment medicines such as for cancer, rheumatoid arthritis, and HIV. Bromelain has no or minimal side effects due to its natural roots, which contributes to the growth of the segment
• The Asia Pacific region is estimated to have an exponential CAGR of 7.9%, in terms of revenue, from 2022 to 2030 as the region is a major supplier of bromelain. The increased purchasing power of the people due to economic development is also contributing to the growth of the regional market
• The Central & South America region is anticipated to witness a rapid CAGR of 7.5%, in terms of revenue, from 2020 to 2030, owing to the presence of untapped market opportunities and increasing purchasing power of the people due to the development of economies in the region
• Key participants dominating the industry are Hong Mao Biochemicals Co., Ltd, Enzybel International SA, and Great Food Group of Companies

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Bromelain Market Segmentation

Grand View Research, Inc. has segmented the global bromelain market based on application and region:

Bromelain Application Outlook (Volume, Tons; Revenue, USD Thousands, 2018 - 2030)

• Healthcare
• Meat & Seafood
• Dietary Supplements
• Others

Bromelain Regional Outlook (Volume, Tons; Revenue, USD Thousands, 2018 - 2030)

• North America
  • US.
• Europe
  • Germany
• Asia Pacific
  • China
  • India
  • Philippines
  • Thailand
• Central and South America
  • Brazil
• Middle East and Africa
  • South Africa

List of Key Players in the Bromelain Market

• Hong Mao Biochemicals Co., Ltd.
• Enzybel International SA
• Great Food Group of Companies
• Enzyme Technologies
• Guangxi Nanning Javely Biological Products Co. Ltd.
• Nanning Pangbo Biological Engineering Co., Ltd.
• Nanning Doing Higher Bio-Tech Co. Ltd.
• Changsha Natureway Co., Ltd.
• Biozym Gesellschaft fur Enzymtechnologic mbH
• Ursapharm Arzneimittel GmbH

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.

Lit Fiber Market Estimated To Flourish By 2030: Grand View Research Inc.

 Lit Fiber Market Growth & Trends

The global lit fiber market size is expected to reach USD 14.24 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 16.7% from 2022 to 2030. Lit fiber is a fiber-optic infrastructure that is active and transmits data over thin strands of fiber optic cables. The strong growth for internet bandwidth and the prevalence of internet services throughout time have increased the demand for lit fiber. This demand is likely to stay strong throughout the forecast period, and it is one of the most important drivers of worldwide market expansion. Companies that rely heavily on internet access are prominent supporters of the market. These networks are highly beneficial for organizations with a high volume of data flow, thus, offering reduced network latency, scalability, reliability, and enhanced security.

Companies in the fiber optic ecosystem have been focusing on expanding their network by connecting several cities and countries with lit fiber. This has led to these companies gaining a significant share of the market. In May 2022, Flume Internet started using underutilized fiber capacity to provide high-speed internet to New Yorkers. To exploit its asset-light approach, the company has worked with many infrastructure partners and asset owners, allowing it to scale its network in more than 20 regions over the next several years. In August 2021, Zayo outlined a framework where the company plans to light 35,000 buildings across North America and Europe. The company aims to cater to the increasing demand for lit fiber from towers, data centers, and enterprises.

Optical fiber cables are used to transmit data from one site to another. Telecommunication, commercial, residential, government, aerospace, and private data networks seem to be a few of the industries that use these cables. The growing demand for high-speed Internet services is likely to further drive market growth. The market is also predicted to be driven by the increased adoption of new telecommunication technologies including FTTX (Fiber-to-the-X) and 5G mobile applications. Owing to the presence of significant technology firms, North America has been an early adopter of new innovative technologies. Furthermore, the market expansion in this region has been boosted by the availability of enhanced technological infrastructure and reliable network connectivity.

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Lit Fiber Market Report Highlights

• The demand for lit fiber is projected to increase significantly owing to the rising demand for high bandwidth communication
• The on-net connectivity segment is expected to hold the larger market share and expand at a faster CAGR of 17.0% from 2022 to 2030
• The aerospace & defense application segment is projected to grow at the highest CAGR over the forecast period
• The market has witnessed several lit fiber service providers across North America and Europe. These regions feature a well-developed infrastructure and account for a sizeable cumulative share of the global market

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Lit Fiber Market Segmentation

Grand View Research has segmented the global lit fiber market based on product, connectivity, application, and region:

Lit Fiber Type Outlook (Revenue, USD Million, 2017 - 2030)

• Single-mode
• Multi-mode

Lit Fiber Connectivity Outlook (Revenue, USD Million, 2017 - 2030)

• On-net
• Off-net

Lit Fiber Application Outlook (Revenue, USD Million, 2017 - 2030)

• Networking
• IT & Telecommunication
• Industrial
• Aerospace & Defense
• Others

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

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

List of Key Players in Lit Fiber Market

• AT&T
• Altice USA
• Comcast
• Crown Castle Fiber
• Frontier
• GigabitNow
• Lumen
• Spectrum Enterprise
• Verizon
• Zayo

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

 Wound Care Market Growth & Trends 

The global wound care market size is anticipated to reach USD 29.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.1% from 2022 to 2030. The increasing number of surgical cases, rapidly aging population, as well as rising number of diabetic patients, are among the major factors driving this market’s growth. For instance, according to Ageing Asia, as of 2019, more than 139 million people i.e., about 10% of the total population in India were over the age of 60. This is expected to increase up to 19.5% in 2050. The geriatric population is more susceptible to wounds, and thus, the increasing elderly population is anticipated to propel the market growth during the forecast period. 

Obesity and overweight are major health concerns that lead to a number of associated diseases or complications such as diabetes and cardiovascular diseases. As per the WHO, in 2016, over 1.9 billion adults were overweight, out of which around 650 million people were obese, and around 2.8 million people die each year being overweight/obese. Such instances are expected to increase the demand for bariatric procedures and other related surgeries, thereby propelling the market growth during the forecast period. 

Furthermore, with the introduction of the COVID-19 vaccine, and the lifting of lockdown impositions, the market is expected to impel in the coming years. Many elective surgeries which were postponed are expected to take place. In addition to this, many leading manufacturers are undergoing strategic initiatives such as product launches, partnerships, and geographic expansions, which may help them to capitalize on the increasing demand for wound care products during the forecast period. For instance, Human Biosciences is planning to launch two new wound care products in the Indian market. The launch of these products in the Indian market is expected to help the company to capture the post-pandemic market in India. Thus, similar initiatives by other market players are anticipated to boost market growth during the post-pandemic time. 

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Wound Care Market Report Highlights

• Based on product, the advanced wound dressing segment dominated the market and accounted for a revenue share of 34.6% in 2021, owing to an increase in the number of diabetic pressure ulcer patients
• Based on application, the chronic wound segment dominated the market and accounted for a revenue share of 59.9% in 2021, owing to the rising incidences of traumatic injuries around the world
• On the basis of end-use, the hospital segment dominated the market owing to an increasing number of surgical site infections among patients in hospitals. On the other hand, the home healthcare segment is anticipated to witness the fastest growth in the forecast period
• North America dominated the market and accounted for the highest revenue share of 45.4% in 2021, owing to the increasing number of surgical procedures and technological advancements in the region

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Wound Care Market Segmentation 

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

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

• Advanced wound dressing
  • Foam dressings
  • Hydrocolloid dressings
  • Film dressings
  • Alginate dressings
  • Hydrogel dressings
  • Collagen dressings
  • Other advanced dressings
• Surgical wound care
  • Sutures & staples
  • Tissue adhesive and sealants
  • Anti-infective dressing
• Traditional wound care
  • Medical tapes
  • Cleansing agents
• Wound therapy devices
  • Negative pressure wound therapy
  • Oxygen and hyperbaric oxygen equipment
  • Electric stimulation devices
  • Pressure Relief Devices
  • Others

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

• Hospitals
• Specialty Clinics
• Home healthcare
• Others

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

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Netherlands
  • Spain
  • Sweden
• Asia Pacific
  • Japan
  • China
  • India
  • South Korea
  • Taiwan
  • Australia
  • Vietnam
  • Thailand
  • Malaysia
  • Singapore
  • Indonesia
  • Philippines
• Latin America
  • Mexico
  • Brazil
  • Argentina
• Middle East and Africa (MEA)
  • South Africa
  • Turkey
  • Egypt
  • Iran
  • Israel
  • Saudi Arabia
  • UAE

List of Key Players in the Wound Care Market

• Smith & Nephew
• Mölnlycke Health Care AB
• ConvaTec Group PLC
• Ethicon (Johnson & Johnson)
• Baxter International
• URGO Medical
• Coloplast Corp.
• Medtronic
• 3M
• Derma Sciences Inc. (Integra LifeSciences)
• Medline Industries
• Advancis Medical
• Braun Melsungen 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.

In-vitro Fertilization Microscopes Market Expected To Trigger A Revenue To $193.2 Million By 2030: Grand View Research, Inc.

 In-vitro Fertilization Microscopes Market Growth & Trends

The global in-vitro fertilization microscopes market size is expected to reach USD 193.2 million by 2030, according to a new report by Grand View Research. The market is expected to expand at a CAGR of 8.4% from 2022 to 2030. The market has witnessed advancements in microscopes and microscope-related equipment for use in in-vitro fertilization. Artificial Intelligence (AI), embryo assessment, and sperm selection are some of the applications targeted for innovation.

Manufacturers are providing upright microscopes, digital microscope cameras, and software to view images together as a sperm analysis system to provide the complete solution for semen analysis. Moreover, as sperm analysis can be better studied by maintaining a certain temperature of the sample, manufacturers are coupling the use of such devices along with an upright microscope. For instance, PROiSER provides ISAS HEAT, a slide warmer, compatible with its UB200i upright microscope used along with Computer Assisted Semen Analysis (CASA) systems.

The demand for In-vitro Fertilization (IVF) procedures is now increasing due to the relaxation of travel restrictions and supporting government guidelines. For instance, the American Society of Reproductive Medicine (ASRM) announced that there is a need to ensure reproductive care with maximal safety as we will have to continue to live with a COVID-19.

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In-vitro Fertilization Microscopes Market Report Highlights

• Based on the end-use, the clinical segment dominated the market in 2021 in terms of revenue. IVF clinics provide a range of services, including healthy oocyte identification, semen analysis, ICSI, embryo monitoring, and freezing and storage of embryos
• The clinical segment is also expected to witness the fastest growth from 2022 to 2030 due to the increasing adoption of IVF treatment. Moreover, manufacturers are developing innovative products with integrated technologies, such as Artificial Intelligence (AI)
• Europe held the largest share in terms of revenue in 2021 due to factors such as the high cost of IVF treatment and the availability of reimbursement. The Asia Pacific region is expected to witness the fastest growth from 2022 to 2030 due to the initiatives to create awareness regarding IVF treatment in countries such as India
• The IVF microscopes market is saturated with many prominent players. The companies operating in the market are adopting various strategies such as product innovation, market expansion, and introduction of advanced technology to stay competitive in the market
• For instance, in February 2019, Opto GmbH debuted the DualStation embryo imaging microscope. The DualStation is designed to provide all the optical techniques and imaging requirements used by IVF processes into a single enclosed embryo chamber

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In-vitro Fertilization Microscopes Market Segmentation

Grand View Research has segmented the global in-vitro fertilization microscopes market on the basis of end-use and region:

In-vitro Fertilization Microscopes End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Clinical
• Academic Research

In-vitro Fertilization Microscopes 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 & Africa (MEA)
  • South Africa

List of Key Players in the In-vitro Fertilization Microscopes Market

• Linkam Scientific Instruments
• Olympus Corporation
• Leica Microsystems
• Meiji Techno
• Zeiss
• Euromex Microscopen B.V.
• Labomed Europe B.V.
• Nikon Corporation
• Narishige Group
• Eppendorf AG
• Hamilton Thorne Ltd.
• Sutter Instrument Company
• Tritech Research, 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.

Home Dialysis Systems Market Forecast 2030 Top Companies, Trends and Growth Factors Details for Business Development

 Home Dialysis Systems Market Growth & Trends 

The global home dialysis systems market is anticipated to reach USD 42.32 billion by 2030, growing at a CAGR of 10.34% over the forecast period, according to a new report by Grand View Research, Inc. The market is expected to grow due to the increasing prevalence of Acute Kidney Injury (AKI), and increasing demand for remote patient management platforms. 

Moreover, technological advancements along with an increasing number of agreements between prominent players will drive market growth in the near future. For instance, in May 2021, Baxter SAS and Physidia launched a co-promotion agreement in France to promote dialysis patients' homecare. The goal of this collaboration is to allow patients who are transitioning from peritoneal dialysis to get frequent hemodialysis at home utilizing Physidia's S3 device. This, in turn, is anticipated to boost the market growth in the near future. 

The current COVID-19 outbreak is expected to have a positive impact on the home dialysis systems market. While rising healthcare costs and increasing disease burden in the U.S have already contributed to a boost in care at home services. According to Fresenius Medical Care, home hemodialysis rose 41% in North America in the second quarter. As a result of this, the market is expected to grow in near future. 

Furthermore, rising medical requirements resulting from the aging population, increased demand for novel products and therapies, and developments in medical technology are all likely to contribute to market growth after COVID-19. Increasing initiatives by public and private groups to encourage home HD/PD may generate further economic opportunities for the industry after COVID-19. 

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Home Dialysis Systems Market Report Highlights

• By type, hemodialysis accounted for the largest market share of 86.41% in 2021. A surge in the geriatric population suffering from acute kidney diseases along with a rising number of End-Stage Renal Disease (ESRD) patients are significant factors driving the segment
• Based on the product, the service segment dominated the market with a share of over 55.44% in 2021. This can be attributed to an increase in the prevalence of ESRD and an increase in the number of dialysis service providers
• Based on the treatment, chronic kidney disease led the market and accounted for more than 80.22% share of the global revenue in 2021, owing to the high prevalence of chronic kidney disease along with technological advancements
• The Asia Pacific region is estimated to register the highest CAGR over the forecast period. This is due to rising incidences of kidney failure, the growing geriatric population, and the augmented development of advanced products that are expected to support market growth

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

Home Dialysis Systems Market Segmentation

Grand View Research has segmented the global home dialysis systems market based on type, product, treatment, and region: 

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

• Hemodialysis
  • Conventional
  • Short Daily Hemodialysis
  • Nocturnal Hemodialysis
• Peritoneal Dialysis
  • Continuous Ambulatory Peritoneal Dialysis (CAPD)
  • Ambulatory Peritoneal Dialysis (APD)

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

• Device
  • Machine
  • Dialyzers
  • Water Treatment System
  • Others
• Consumables
  • Bloodlines
  • Concentrates
  • Catheters
  • Others
• Service

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

• Acute Kidney Disease
• Chronic Kidney Disease

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

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • 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 Home Dialysis Systems Market

• B Fresenius Medical Care
• Cantel Medical.
• Baxter International Inc.
• Europlaz Technologies Ltd.
• Quanta Dialysis Technologies
• Outset Medical
• AWAK Technologies
• DaVita

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 Market For Ambulance Services to Witness Tremendous Growth and Expansion by 2030

 North America Ambulance Services Market Growth & Trends

The North America ambulance services market size is expected to reach USD 40.64 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.08% from 2022 to 2030. Rising incidence of chronic ailments such as cardiovascular disorders, diabetes, and cancer is a key factor expected to drive ambulance services market growth.

For instance, according to the American Heart Association, in January 2019, stroke is the leading cause of death in the U.S. approximately 2.7 million people in the country living with atrial fibrillation, and approximately 800,000 people experience a stroke each year due to a blockage in the blood vessel that supplies blood to the brain. Moreover, CDC states that 34.2 million people of all ages, or 10.5% of the US population had diabetes in 2018.

Furthermore, growth in the geriatric population and a surge in traumatic accidents are further driving the market growth. Additionally, there has been a constant increase in the number of traumatic accidents in this region. For instance, according to the National Highway Traffic Safety Administration estimates, in 2021, about 42,915 people died in motor vehicle traffic crashes, a 10.5% surge from the 38,824 fatalities in 2020. The industry is expanding due to favorable reimbursement regulations in developed countries.

In the U.S., Medicare covers both emergency and non-emergency ambulance services for medically necessary emergencies, provided the supplier satisfies certain criteria. In some circumstances, Medicare also covers unplanned and irregular non-emergency visits. Medicare pays approximately 80.0 percent of the cost of emergency services, with the remaining 20% paid by the patient's insurance coverage.

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North America Ambulance Services Market Report Highlights

• On the basis of transport vehicle, the ground ambulance segment dominated the market with a share of 48.87% in 2021. This can be attributed to their effectiveness and high usage rates
• Based on emergency services, the emergency services segment is projected to witness the fastest growth rate of CAGR of 10.50% during the forecast duration, owing to the high prevalence of cardiovascular diseases such as cardiac arrest, stroke, and congestive heart failure
• On the basis of equipment, advance life support ambulance is expected to dominate in 2021, and is projected to witness the fastest growth over the forecast period, owing to an increase in technologically advanced equipment and skilled employees, increased awareness of life support services
• The U.S. is expected to dominate the ambulance services in 2021 with a share of more than 89%, owing to favorable reimbursement policies and regulatory reforms and growing demand for high-quality healthcare facilities

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North America Ambulance Services Market Segmentation

Grand View Research has segmented the ambulance services market report on the basis of transport vehicle, equipment, emergency services, and region:

Transport Vehicle Outlook (Revenue, USD Million, 2018 - 2030)

• Ground Ambulance
• Air Ambulance
• Water Ambulance

Emergency Services Outlook (Revenue, USD Million, 2018 - 2030)

• Emergency Services
• Non-Emergency Services

Equipment Outlook (Revenue, USD Million, 2018 - 2030)

• Advance Life Support (ALS) Ambulance Services
• Basic Life Support (BLS) Ambulance Services

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

• North America
  • US.
  • Canada

List of Key Players in the North America Ambulance Services Market:

• Air Methods Corporation
• Babcock International Group PLC
• Acadian Ambulance Service
• American Air Ambulance
• PHI Air Medical
• Express Air Medical Transport, LLC
• Air Medical Group Holdings, Inc. (Amgh)
• Falck A/S
• American Medical Response

About Grand View Research

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

Healthcare Information System Market is Expected to Enhance USD 1,097 Billion Revenue By 2030: Grand View Research Inc.

 Healthcare Information System Market Growth & Trends

The global healthcare information system market size is expected to reach USD 1,097 billion by 2030 and is expected to expand at a CAGR of 13.2% over the forecast period, according to a new report by Grand View Research, Inc. Smartphones offer benefits such as large storage capacity, ease of use, and portability, making them an optimal solution for monitoring and diagnostic services.

Growing affordability and reduction in hardware costs are driving the demand for smartphones in the market, which in turn is expected to drive the growth of healthcare information systems in the market. Deep learning and machine learning techniques & AI functionality can enhance the personalization of healthcare. For instance, a doctor would be able to diagnose patients accurately by availing patients’ ancestry and DNA information from an AI-based healthcare information system.

On the basis of the patient data available, AI machines would enable doctors to diagnose life-threatening diseases much early and follow the best course of treatment. Healthcare technological advancements in 2020 witnessed some of the major trends such as cloud computing, predictive analysis, and big data. Venture funding for digital health startups is increasing globally.

Based on Rock Health data, in 2021, digital health startups bagged USD 29.1 billion investments across 729 deals. Startups offering mental and behavioral health services raised maximum money of around USD 5.1-3.3 billion. Venture capital investors are also investing in diabetes care and musculoskeletal care that can be managed virtually. With the onset of the COVID-19 pandemic, there will be a rise in the number of telemedicine users with 73% saying to continue using it at the same or higher rate in the future.

Advancements in healthcare IT are providing opportunities to cut down healthcare spending by improving care delivery and clinical outcomes. Best possible interventions enabled through timely data aggregation coupled with increase in patient involvement for the management of chronic care through patient engagement portals are among the factors contributing to cost reduction.

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Healthcare Information System Market Report Highlights

• Growing demand for reducing healthcare cost and effective clinical outcome is one of the key factors responsible for the adoption of information systems in hospitals of developed economies and in emerging economies, thereby, generating maximum revenue in this segment
• Web-based deployments segment held the largest market share in 2021, owing to its larger number of users as compared to the other two deployment systems
• The services segment held the largest revenue share in 2021 owing to lack of knowledge about IT applications among healthcare professionals
• High per capita healthcare costs and growing demand to reduce rising production costs by many product manufacturers have resulted in the rapid adoption of these systems in North America

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Healthcare Information System Market Segmentation

Grand View Research, Inc. has segmented the global healthcare information system market report on the basis of application, deployment, component, end-use, and region:

Application Outlook (Revenue, USD Million, 2016 - 2030)

• Hospital Information System
  • Electronic Health Record
  • Electronic Medical Record
  • Real-time Healthcare
  • Patient Engagement Solution
  • Population Health Management
• Pharmacy Information Systems
  • Medication Dispensing System
  • Packaging & Labeling system
  • Storage & Retrieval System
  • Automated Medication Compounding System
  • Tabletop Tablet Counters
• Laboratory Information Systems
• Revenue Cycle Management
• Medical Imaging Information System
  • Radiology Information Systems
  • Monitoring Analysis Software
  • Picture Archiving and Communication Systems

Deployment Outlook (Revenue, USD Million, 2016 - 2030)

• Web-based
• On-premises
• Cloud-based

Component Outlook (Revenue, USD Million, 2016 - 2030)

• Hardware
• Software and Systems
• Services

End-use Outlook (Revenue, USD Million, 2016 - 2030)

• Hospitals
• Diagnostic Centers
• Academic and Research Institutes

Regional Outlook (Revenue, USD Million, 2016 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Switzerland
  • Belgium
• Asia Pacific
  • Japan
  • China
  • India
  • Singapore
  • Australia
  • South Korea
  • Malaysia
  • Thailand
  • Indonesia
  • Philippines
• Latin America
  • Brazil
  • Mexico
  • Argentina
• MEA
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players in the Healthcare Information System Market

• athenahealth, Inc.
• Agfa Gevaert Group
• eClinicalWorks
• Philips Healthcare
• Hewlett Packard
• McKesson Corporation
• Allscripts Healthcare, LLC
• GE Healthcare
• Cerner Corporation
• Epic Systems Corporation
• Carestream Health
• Novarad Corporation
• e-MDs Incorporation
• Medidata Solutions Inc.
• Siemens Healthineers
• NextGen Healthcare
• Ada Health GmbH,
• SWORD Health,
• Siilo,
• Oracle,
• NXGN Management, LLC,
• GREENWAY HEALTH, LLC.,
• Infor

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.

Learning Management Systems Market Is Expected To Gain Significant Traction Over The Forecast Period: Grand View Research Inc.

 Learning Management Systems Market Growth & Trends

The global learning management systems market size is expected to reach USD 71.65 billion by 2030, registering a CAGR of 19.5% during the forecast period, according to a new study by Grand View Research, Inc. Key factors driving the market growth are big data, artificial intelligence (AI), e-learning, blended learning, and mobile learning; these new e-learning trends offer substantial opportunities.

Advanced technology, such as 3D pictures of organs and live interaction with experts, has increased clinical and medical e-Learning performance. The learning management system (LMS) is also used in retail for product marketing, sales development, product training, recruitment, and communication. Education systems have to improve engagement between students, teachers, and parents to make learning delightful.

For instance, in June 2021, PowerSchool, a provider of a cloud-based learning management system (LMS) for K-12 education, launched Power School Unified Classroom 2021. The K-12 LMS software, which helps in reporting tools, student assessment, behavior management, and more programs, improve teaching and learning.

The COVID-19 imposed mass lockdown in 2020. It impacted positively the market for LMS, owing to the increase in the demand for e-learning, from a number of nations. Several governments and educational institutions began to use learning management systems like google classroom, zoom meetings, and many more platforms, during this time, to bridge the gap in education and knowledge transfer.

Following the lockdown, these investments and support for online classes have continued to grow, as many nations have seen the massive benefits of e-learning platforms such as LMS solutions for the future of education. Companies have begun to improve the content and provide environmentally friendly infrastructures.

Virtual reality (VR) and augmented reality (AR) in education give a fabricated reality; AR gives a genuine picture with a better view. These technologies broaden the scope of learning surroundings from K-12 classrooms to medical colleges by reducing walls enhancing collaboration, physical space, and hands-on learning and providing personalized learning approaches to help students of all levels.

Technologies have now opened doors for new knowledge, and AR & VR technology gives some virtual live experience; the technology understands the concepts more clearly. To stay competitive, the major competitors in the LMS industry are improving EdTech technology. For instance, in October 2021, Blackboard Inc. merged with Anthology Inc., one of the players offering software solutions for higher education to support their entire learning lifecycle. The aim of this initiative is the combination, which will produce the most intact and up-to-date EdTech ecosystem at a global scale for education.

The cloud segment has acquired a significant market. The increased mobile users and distributed workforce encourage the demand for e-learning or online training in the academic and commercial sectors. Further, the benefits of cost and availability of technological advancements in e-learning platforms have encouraged users to upgrade from the traditional LMS to a further contemporary LMS.

Majorly, most industries are increasing the adoption of e-learning on their own devices, which is a growing inclination toward the cloud deployment model, and growing usage of machine learning (ML) and artificial intelligence (AI) in LMS. The LMS market will witness massive success, soon, due to several governments' increased spending on IoT technology.

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Learning Management Systems Market Report Highlights

• The cloud segment is estimated to witness substantial growth during the next eight years. This growth can be attributed to the increase in e-learning, which is effective for both teachers and students
• The solutions segment is expected to dominate in terms of revenue share due to the increased demand for e-learning solutions that cater to various needs in corporate and academic institutes
• LMS vendors are implementing various strategies to engage maximum audiences, resolve issues, and introduce novelty in everyday tasks to increase engagement. Gamification incorporates employee training and can promote healthy competition, which leads to higher concentration
• The Asia Pacific is anticipated to exhibit the highest growth rate. It is attributed to the developing education industry across the countries including China, Japan, and India. The region is likely to possess unprecedented opportunities for new market entrants

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Learning Management Systems Market Segmentation

Grand View Research has segmented the global learning management systems market based on the component, deployment, enterprise size, delivery mode, end-user, and region:

LMS Component Outlook (Revenue, USD Million, 2017 - 2030)

• Solution
• Services

LMS Deployment Outlook (Revenue, USD Million, 2017 - 2030)

• Cloud
• On-premises

LMS Enterprise Size Outlook (Revenue, USD Million, 2022 - 2030)

• Small & Medium Enterprise
• Large Enterprise

LMS Delivery Mode Outlook (Revenue, USD Million, 2017 - 2030)

• Distance Learning      
• Instructor-led Training
• Blended Learning

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

• Academic
  • K-12
  • Higher Education
• Corporate
  • Healthcare
  • Banking, Financial Services, And Insurance(BFSI)
  • IT And Telecommunication
  • Retail
  • Manufacturing
  • Government & Defense
  • Others

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

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

List of Key Players in the Learning Management Systems (LMS) Market

• Cornerstone
• Blackboard Inc.
• D2L Corporation
• PowerSchool
• Instructure, Inc.
• Adobe
• Oracle
• SAP
• Moodle
• McGraw Hill
• Xerox Corporation

About Grand View Research

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

Acute Wound Care Market to Penetrate Untapped Regions During 2022 to 2030: Grand View Research Inc.

 Acute Wound Care Market Growth & Trends

The global acute wound care market size is expected to reach USD 11.96 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.24% from 2022 to 2030. A rise in burn incidence cases, an increase in the global geriatric population, and rising cases of traumatic accidents are expected to be the key driving factors for the market.

The global rise in various burn cases is contributing to the growth of the market. For instance, according to ImpactLaw, out of total chemical burn cases, 22,000 cases are due to exposure to acid. Similarly, 55,500 burn cases can be accredited to exposure to alkaline solutions. Moreover, as per the NCBI, each day, an estimated 30,000 people suffer from burn injuries, whereas, it is predicted that annually, approximately 11 million people suffer due to burn incidents. Acute wound care products such as advanced wound dressing are used to treat burn marks. Thus, rising burn incidences are expected to drive the market.

Furthermore, the number of traumatic incidences such as abrasion, lacerations, road accidents, and assaults is growing. For instance, according to stats by the NCBI, abrasions are the most common form of injury in children accounting for 70.7% of all injuries. Similarly, as per the Bureau of Labor Statistics, U.S. Department of Labor, 2.7 million non-fatal injuries were reported by private industry labor in 2020. Moreover, according to Brady United, every year, around 117,345 people are shot down leading to acute wounds. As there has been a rise in acute wounds due to the above-mentioned factors, the market is anticipated to grow over the forecast period.

The COVID-19 pandemic resulted in a minor decrease in the market size. However, with the availability of vaccines and ease of lockdown, the market is expected to grow during the post-pandemic period. This can be attributed to various strategic initiatives by major market players, along with improvements in the home healthcare system. For instance, in January 2022, ConvaTec Group PLC entered into a definitive agreement with Triad Life Sciences Inc. According to this agreement, ConvaTec will acquire Triad Life Sciences Inc. in order to strengthen its advanced wound care business.

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Acute Wound Care Market Report Highlights

• On the basis of product, advanced wound dressing captured the largest revenue share of over 30.0% in 2021. This can be attributed to a rise in the number of accident cases globally
• Based on application, the surgical and traumatic wounds segment dominated the market with a share of over 75.0% in 2021 and is projected to witness the fastest growth over the forecast period
• On the basis of end-use, the hospitals segment dominated the market in 2021. Home healthcare is estimated to register the fastest growth rate over the forecast period
• North America dominated the market in 2021. Asia Pacific is anticipated to register the fastest growth rate over the forecast period owing to a rise in traumatic accidents and the growing geriatric population in this region

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

Acute Wound Care Market Segmentation

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

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

• Advanced Wound Dressing
  • Foam Dressing
  • Hydrocolloid Dressing
  • Film Dressing
  • Alginate Dressing
  • Hydrogel Dressing
  • Collagen Dressing
  • Other Advanced Dressing
• Surgical Wound Care
  • Sutures & Staples
  • Tissue Adhesive & Sealants
  • Anti-infective Dressing
• Traditional Wound Care
  • Medical Tapes
  • Cleansing Agents
  • Others
• Wound Therapy Devices
  • Negative Pressure Wound Therapy
  • Oxygen and Hyperbaric Oxygen Equipment
  • Electric Stimulation Devices
  • Pressure Relief Devices

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

• Acute Wounds
  • Surgical & Traumatic Wounds
  • Burns

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

• Hospitals
• Specialty Clinics
• Home Healthcare
• Others

Acute Wound Care 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
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players of Acute Wound Care 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.