Expansion of Automotive Textiles Market During 2022 – 2030 to Gain Robust Traction: Grand View Research Inc.

 Automotive Textiles Market Growth & Trends

The global automotive textiles market is expected to reach USD 38.47 billion by 2030, expanding at a compounded annual growth rate (CAGR) of 3.2% from 2022 to 2030, according to a new report by Grand View Research Inc. Growth in automobile production coupled with the increasing focus on safety devices is expected to propel market growth.

The industry observes integration among the raw material manufacturers, producers, and distributors. Distributors assist the automotive industries in effectively using the product across the entire range of their major applications. Distributors act as the key link between the manufacturers and the automotive sectors, which require textiles for car seat covers, for production of airbags, and seat belts, among several others.

Major raw materials for automotive textiles are woven, composite, and various other nonwoven fabrics that are 100% polypropylene. Manufacturers of automotive textile continue to be alert about dealing with the raw materials price fluctuations and invest in research & development for innovative techniques to minimize the risks associated with it.

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Automotive Textiles Market Report Highlights

• The woven product segment accounted for a market share of 39.10% in 2021, owing to its significant applications in automotive interiors. Enhancement in the car models along with rising demand for comfort inside the vehicles is expected to fuel the utilization of the product in car seats
• The upholstery application segment dominated the market in 2021 and is estimated to generate revenue of USD 21,471.6 million by 2030, owing to the growing demand for safety devices in the region
• The automotive textiles market in Asia-Pacific is anticipated to expand at a CAGR of 3.6% from 2022 to 2030 on account of increased population, urbanization, and key players extending their operations in this region
• The U.S. automotive textiles market is projected to witness strong growth during the forecast period and reach a market value of USD 5,867.9million in 2030 on account of the presence of major players in the country, increased demand for premium, and luxury textiles in car interiors, and fast urbanization
• The market is competitive owing to the presence of several players that are primarily consolidated in the Asia Pacific and North America, whereas Europe exhibits a limited presence of the established players

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Automotive Textiles Market Segmentation

Grand View Research has segmented the Automotive Textiles market based on product, application, and region:

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

• Woven
• Nonwoven
• Composites
• Others

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

• Upholstery
• Tires
• Safety Devices
• Engine Components
• Others

Regional Outlook (Volume, Tons; Revenue, USD Million; 2017 - 2030)

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

List of Key Players in the Global Automotive Textiles Market

• Lear Corporation
• Johnson Controls
• Acme Mills
• Aunde SA
• Toyota Boshoku Corporation
• International Textile Group
• Borgers AG
• Dupont
• Autotech Nonwovens
• Suminoe Textile Co. Ltd.
• CMI Enterprises Inc.
• ASGLAWO Technofibre GmbH
• Sage Automotive Interiors, Inc.
• Baltex Inc.
• Reliance Industries Limited
• Auto Textiles S.A.
• Global Safety Textile GmbH
• SMS Auto Fabrics
• Autoliv 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.

Large Molecule Drug Substance CDMO Market to Register Stable Expansion During 2022 – 2030: Grand View Research Inc.

 Large Molecule Drug Substance CDMO Market Growth & Trends

The global large molecule drug substance CDMO market size is expected to reach USD 22.1 billion by 2030, registering a CAGR of 8.6% during the forecast period, according to a new report by Grand View Research, Inc. The rising incidence of infectious diseases and the high demand for novel therapeutics are the key factors driving the market growth. Contract manufacturing is one of the major steps in large molecule production and accounts for a sizable portion of the large molecule drug substance market. The mode of manufacturing is an important factor to consider as it represents the sector’s outsourcing and in-house activities.

Companies are still choosing to outsource services due to the high cost and delay in time. This has resulted in a greater proportion of large molecules being outsourced by the firms. A Contract Development & Manufacturing Organization (CDMO) is a company that provides a comprehensive range of services to the pharmaceutical industry, from drug development to manufacturing. CDMOs provide critical services by incorporating third-party projects and offering their knowledge, development, and manufacturing capabilities. Before the COVID-19 pandemic, large molecule drug investment was increasing as they offer a plethora of new treatment options.

The valuation of biologics became clearer during the race to develop therapeutics and vaccines against the SARS-CoV-2 virus. The demand for both high-volume and high-quality CGMP drug substance and drug product manufacturing services has risen dramatically, particularly for CDMOs capable of providing a wide range of COVID-19 vaccine technologies and, to a lesser extent, therapeutic monoclonal antibody products.

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Large Molecule Drug Substance CDMO Market Report Highlights

• The contract manufacturing segment dominated the market with a revenue share of 68.0% in 2021
• Based on sources, the mammalian segment accounted for the largest revenue share in 2021. This category will expand as more complex biologics, such as bi- and tri-specific antibodies, and antibody-drug conjugates are evolved
• Based on end-users, the biotech companies segment led the global market in 2021 accounting for the largest revenue share. Rising R&D investments by the firms for large molecules drive the growth of this segment
• Asia Pacific is projected to witness the fastest CAGR during the forecast years. The presence of the target population & a low-cost, skilled workforce, and changes in the regulatory scenario are the key factors driving the market growth

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Large Molecule Drug Substance CDMO Market Segmentation

Grand View Research has segmented the global large molecule drug substance CDMO market based on services, source, end-user, and region:

Large Molecule Drug Substance CDMO Services Outlook (Revenue, USD Million, 2018 - 2030)

• Contract Manufacturing
  • Target Identification & Screening
  • Target Validation & Functional Informatics
  • Lead Identification & Candidate Optimization
  • Preclinical Development
• Contract Development
  • Cell Line Development
  • Process Development

Large Molecule Drug Substance CDMO Source Outlook (Revenue, USD Million, 2018 - 2030)

• Mammalian
• Microbial
• Others

Large Molecule Drug Substance CDMO End-user Outlook (Revenue, USD Million, 2018 - 2030)

• Biotech Companies
• CRO
• Others

Large Molecule Drug Substance CDMO Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of the Global Large Molecule Drug Substance CDMO Market

• Eurofins Scientific
• WuXi Biologics
• Samsung Biologics
• Catalent, Inc.
• Cambrex Corp.
• AGC Biologics.
• Recipharm AB (publ)
• Siegfried Holding AG
• LabCorp Drug Development
• FUJIFILM Diosynth Biotechnologies

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.

Ceramic Matrix Composites Market Poised to Expand at a Robust Pace of USD 8.94 Billion Over 2030: Grand View Research Inc.

 Ceramic Matrix Composites Market Growth & Trends

The global ceramic matrix composites market size is expected to reach USD 8.94 billion by 2030, expanding at a compound annual growth rate (CAGR) of 12.9% during the forecast period, according to a new report by Grand View Research Inc. Increasing demand for ceramic matrix composites is being driven by their superior properties, such as high-temperature stability, reduced weight, and high strength.

Ceramic matrix composites have evoked keen interest from the aerospace and automotive sectors, owing to their superior mechanical properties, high strength-to-weight ratio, and vast application scope. Increasing fuel prices have triggered the need for lightweight components to boost fuel efficiency. The majority of automobiles today run on conventional fuel, so fuel-efficient products are in high demand. However, applications for CMCs are restricted due to their high prices. CMCs are mainly used in aerospace, automotive, and electronic or thermal management applications. CMC users come from industries such as Boeing, Airbus S.A.S., NASA, GE Global Research, etc.

Market players focus on expanding their product portfolio and implementing faster product delivery strategies to gain a competitive advantage in various regional markets. The industry's rivalry is expected to be moderate with major players adopting strategies such as new product developments, acquisitions, partnerships, and joint ventures.

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Ceramic Matrix Composites Market Report Highlights

• Oxides product segment accounted for a market share of 31.87% in 2021, owing to its properties such as high-temperature stability in addition to reduced weight and high strength
• The aerospace application segment dominated the market in 2021 and is estimated to generate revenue of USD 3.78 billion by 2030, owing to lightweight and rigid materials for various applications, where material weight plays a crucial role in the performance
• The market in the Asia-Pacific is anticipated to expand at a CAGR of 14.6% from 2022 to 2030 on account of rising energy demands and the developing aerospace industry
• The U.S. market is forecast to boom during the forecast period and reach a value of USD 3.65 billion in 2030. The growth is attributed to the rising investments by companies in developing ceramic matrix components and collaborating with government agencies for upgrading defense systems

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Ceramic Matrix Composites Market Segmentation

Grand View Research has segmented the Ceramic Matrix Composites market based on product, application, and region:

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

• Oxides
• Silicon Carbide
• Carbon
• Others

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

• Aerospace
• Defense
• Energy & Power
• Electrical & Electronics
• Others

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

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

List of Key Players in the Global Ceramic Matrix Composites Market

• 3M Company
• COI Ceramics, Inc.
• Coorstek, Inc.
• General Electric Company
• Kyocera Corporation
• Lancer Systems LP
• SGL Carbon Company
• Ultramet, Inc.
• Ube Industries, 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.

Aquafeed Market Projected to Discern Stable Expansion by 2030

 Aquafeed Market Growth & Trends

The global aquafeed market is expected to reach USD 102.2 billion by 2030, registering a CAGR of 4.4% from 2022 to 2030, as per the new report by Grand View Research, Inc. The growth is majorly driven by the rising consumption of aquafeed by species like carp, catfish, salmon, and shrimps among others due to its rich protein content.

The future of the global market is dependent on the increasing acceptance of aquafeed which contains essential oils, feed acidifiers, natural extracts, and palatants which are important for aquaculture species in their overall growth across each stage of development. The widespread fish mortality due to various infections which are caused by parasites is driving the demand for the consumption of anti-parasites.

These feed products are consumed by various warm-water and cold-water fish species such as catfish, salmon, trout, tilapia, shrimps, largemouth bass, and eel among others. These feeds for aquatic species are a source of omega-3 fatty acids and proteins. It improves the nutritional value of feed and offers several other benefits like improved growth rate, reduced mortality of various aquatic species, digestibility of proteins, and enhanced immune system.

The COVID-19 pandemic had crippled the economies of the world and severely impacted the supply chain across key industries. The distribution of raw materials for aquafeed was affected by the pandemic due to which its production was hampered. In addition, strict lockdowns were imposed to curb the virus from spreading, and due to this many manufacturing and production units were closed. Furthermore, there were rumors of transmission of the virus through poultry, which ill-affected the market.

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Aquafeed Market Report Highlights

• Dry aquafeed form witnessed the fastest growth rate of CAGR 4.7%, owing to its properties such as easy production, quick transport, long storage life, and quick dispense into the fish culture environment
• The feed acidifiers witnessed the fastest growth rate of 6.7% because of their ability to prevent the species from diseases which are caused by E. coli and Salmonella. These additives are prepared from organic acids along with their salts and help in maintaining gastric acid levels in these aquatic species
• The grower feed type witnessed a high growth rate of 4.7%, because of its rising demand as it supports the continuous growth of the animals without burdening them with extra vitamins and minerals intake
• Sea Bass application witnessed a high growth rate due to its increasing consumption in the food industry because of its low calorie and high protein content. It is a carnivorous fish and is rich in omega-3 fatty acids, proteins, and selenium. It also contains potassium, mercury, magnesium, vitamin B12, and vitamin B6
• The Asia Pacific region witnessed the highest growth rate of CAGR 4.9%, owing to its favorable climatic conditions in the countries like China, and India which helps to enhance the overall aquaculture industry production and eventually develop the market

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Aquafeed Market Report Segmentation

Grand View Research has segmented the global aquafeed market report based on form, additives, feed, application, and regions:

Form Outlook (Revenue, USD Thousand, Volume, Tons, 2018 - 2030)

• Dry
• Moist
• Wet

Additives Outlook (Revenue, USD Thousand, Volume, Tons, 2018 - 2030)

• Amino Acids
• Antibiotics
• Vitamins & Minerals
• Feed Acidifiers
• Antioxidants
• Enzymes
• Anti-parasitic
• Probiotics & Prebiotics
• Others

Feed Outlook (Revenue, USD Thousand, Volume, Tons, 2018 - 2030)

• Starter Feed
• Grower Feed
• Finisher Feed
• Brooder Feed

Application Outlook (Revenue, USD Thousand, Volume, Tons, 2018 - 2030)

• Carp
• Rainbow Trout
• Salmon
• Crustaceans
• Tilapia
• Catfish
• Sea Bass
• Grouper
• Others

Regional Outlook (Revenue, USD Thousand, Volume, Tons, 2018 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Denmark
• Asia Pacific
  • China
  • India
  • Japan
  • Vietnam
  • Thailand
  • Indonesia
  • Australia
• Central & South America
  • Brazil
  • Argentina
  • Chile
  • Ecuador
• Middle East & Africa
  • South Africa
  • Egypt

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.

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

Access Press Release@ https://www.grandviewresearch.com/press-release/global-in-vitro-fertilization-ivf-microscopes-market

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

Access Press Release@ https://www.grandviewresearch.com/press-release/north-america-ambulance-services-market-analysis

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.