Microdermabrasion Devices Market is Projected to Boost USD 984.7 Million by 2030: Grand View Research Inc.

 Microdermabrasion Devices Market Growth & Trends

The global microdermabrasion devices market size is expected to reach USD 984.7 million by 2030, registering a CAGR of 8.6%, according to a new report by Grand View Research, Inc. Growing cases of skin-related conditions is a major factor driving the market growth. Moreover, high demand for anti-aging treatments due to the growing geriatric population will boost the market. Increasing demand for cosmetic procedures is also anticipated to fuel market growth.

For instance, according to the American Society of Plastic Surgeons article, Americans spent nearly at least USD 16.5 billion on minimally invasive procedures and cosmetic plastic surgeries in 2018, which reflects a nearly 4% increase from 2017. Moreover, many cosmetic and plastic procedures are performed as a combination of more than one procedure, thus driving the market growth. In addition, the introduction of new products for the treatment of various skin disorders is estimated to augment the market growth in future. Some of the key companies in the global microdermabrasion equipment market are Silhouet-Tone, Dermaglow, Koninklijke Philips N.V., and Skin for Life.

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Microdermabrasion Device Market Report Highlights

• Diamond microdermabrasion devices are expected to account for the largest markets hare as they are non-invasive, highly effective, and help increase blood flow and production of collagen in the skin
• Others application segment held the largest microdermabrasion machine market share in 2018 and is expected to lead in the future as well owing to increasing demand for skin-related procedures for various conditions and preference for non-invasive procedures
• Anti-aging is the fastest-growing application due to factors, such as growing geriatric population, demand for non-invasive procedures, and well-established healthcare infrastructure in developed economies
• Clinics and beauty centers segment is expected to lead the microdermabrasion systems market during the forecast period owing to availability of skilled professionals in these centers
• North America held a substantial market share in 2018 due to high demand for non-invasive techniques and presence of advanced medical infrastructure and a large number of dermatologists

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Microdermabrasion Device Market Segmentation

Grand View Research has segmented the microdermabrasion devices market on the basis of type, application, end use, and region:

Microdermabrasion Devices Type Outlook (Revenue, USD Million, 2018 - 2030)

• Crystal
• Diamond

Microdermabrasion Devices Application Outlook (Revenue, USD Million, 2018 - 2030)

• Acne & scars
• Photo damage
• Anti-aging
• Hyperpigmentation
• Stretch marks
• Others

Microdermabrasion Devices End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Clinics & Beauty Centers
• Home Use

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

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

List Of Key Players Of Microdermabrasion Devices Market

• Johnson & Johnson
• Skin for Life
• Altair Instruments
• Dermaglow
• PMD
• Silhouet-Tone
• Lumenis Ltd.
• Koninklijke Philips N.V.
• Envy Medical, Inc.
• The HydraFacial Compan

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.

Regulatory Affairs Outsourcing Market to Partake Significant Development During 2022 to 2030: Grand View Research Inc.

 Regulatory Affairs Outsourcing Market Growth & Trends

The global regulatory affairs outsourcing market size is expected to reach USD 13.9 billion by 2030, registering a CAGR of 8.9% over the forecast period, according to a new report by Grand View Research, Inc. Significant increase in the fixed costs of in-house resources for regulatory affairs & operation activities like training, technology, specialized knowledge, and facilities are driving outsourcing of regulatory affair functions. Addressing local regulatory challenges and constant changes in the regulations of the major markets, such as the U.S., Europe, and Asia, is creating demand for these services. Compliance with the current regulations has become an immense chore, leave alone trying to stay up to date with developments around the world. Amendments to current regulations are likely to simplify the regulatory pathway for the industry but in turn, complicate the operation for healthcare product manufacturing companies.

Thus, leading to the regulatory affairs outsourcing to service providers. The market witnessed a significant decline in 2020 due to the outbreak of the COVID-19 pandemic, as there was a halt in clinical trial activities including regulatory updates. Disruption in the supply chain and closure of R&D sites resulted in a significant loss of revenues in 2020 across the industry. However, due to the pandemic, various healthcare companies are opting for more regulatory advice, as companies push to speed up the product development & approvals in therapies, vaccines, & devices for COVID-19. Owing to the urgent need for medical devices and therapies for COVID-19, regulatory authorities are providing emergency use authorization for the majority of products. Such actions have further promoted the demand for these services post 2020 and the positive rebound of sales across the industry can be witnessed from 2021.

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Regulatory Affairs Outsourcing Market Report Highlights

• The regulatory writing & publishing services segment dominated the market with the maximum revenue share in 2021as they are offered from the early stages of development to the post-marketing authorization phase and are vital for the success of a product
• The large companies segment is projected to witness the fastest CAGR during the forecast period. The availability of a wide variety of services and the presence of these providers in various geographies are the key factors driving the segment growth
• The clinical studies stage segment accounted for the largest market share in 2021 due to the increasing demand for clinical trials in developing countries
• The pharmaceutical companies end-use segment is anticipated to witness the fastest growth rate over the forecast period due to evolving areas, such as orphan drugs and personalized therapies
• Asia Pacific held the maximum revenue share of the global market in 2021 owing to higher off shoring of such services into regions of economic benefits and the expansion of life sciences companies in countries, such as India & China

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Regulatory Affairs Outsourcing Market Segmentation

Grand View Research has segmented the global regulatory affairs outsourcing market based on services, company size, category, indication, stage, end user, and region:

Regulatory Affairs Outsourcing Services Outlook (Revenue, USD Million, 2018 - 2030)

• Regulatory Consulting
• Legal Representation
• Regulatory Writing & Publishing
• Product Registration & Clinical Trial Applications
• Other Services

Regulatory Affairs Outsourcing Company Size Outlook (Revenue, USD Million, 2018 - 2030)

• Small
• Medium
• Large

Regulatory Affairs Outsourcing Category Outlook (Revenue, USD Million, 2018 - 2030)

• Drugs
  • Generics
  • Innovators
• Biologics
  • Biotech
  • ATMPs
  • Biosimilars
• Medical Devices
  • Therapeutic
  • Diagnostic

Regulatory Affairs Outsourcing Stage Outlook (Revenue, USD Million, 2018 - 2030)

• Preclinical
• Clinical
• PMA (Post Market Authorization)

Regulatory Affairs Outsourcing Indication Outlook (Revenue, USD Million, 2018 - 2030)

• Oncology
• Neurology
• Cardiology
• Immunology
• Others

Regulatory Affairs Outsourcing End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Medical Device Companies
• Pharmaceutical Companies
• Biotechnology Companies

Regulatory Affairs Outsourcing Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Turkey
  • The Netherlands
  • Switzerland
  • Sweden
  • Europe CIS Countries
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Indonesia
  • Malaysia
  • Singapore
  • Thailand
  • Taiwan
  • Asia Pacific CIS Countries
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Israel

List of Key Players of Regulatory Affairs Outsourcing Market

• Accell Clinical Research, LLC
• GenPact Ltd.
• Criterium, Inc.
• PRA Health Sciences
• Promedica International
• Regenold GmbH
• BioMapas
• Zeincro Group
• Medpace     
• ICON plc
• Covance
• Parexel International Corp.
• Freyr

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.

Organic Wine Market Expected to Witness a Sustainable Growth over 2030: Grand View Research Inc.

 Organic Wine Market Growth & Trends

The global organic wine market size is anticipated to reach USD 21.5 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.2% from 2022 to 2030. The market is predominantly driven by the rising awareness regarding health among consumers across the globe. The demand for organic products is increasing at a fast pace. Consumers are spending more on chemical-free and organic products mainly in North America and Europe. According to Organic Trade Association (OTA), 75 million millennials in America are consuming organic food and drinks. Parents in the age group 18 to 34 years are the largest group of organic buyers in the U.S.

According to OTA, organic food sales surpassed USD 56.0 billion in 2020, 12.8% up from the previous year’s sales. This growth of organic products is expected to drive the market globally. Wine has become an important part of many European cultures and is considered a standard accompaniment at dinner and lunch. As per the study conducted by the ChaireVins et Spiritueux de INSEEC U and the European Association of Wine Economists in 2020, the consumption frequency of wine has risen remarkably during the home isolation period due to the Coronavirus outbreak in Spain and other countries in Europe

The outbreak of Coronavirus disrupted the global organic wine supply chain and distribution channel owing to the closure and restrictions on bars, restaurants, and hotels globally. According to the 2020 ProWein Business Report, the COVID-19 affected around 77% of hotels, with turnover declining by 60% across the sector, while restaurants saw sales decline by 91% by the end of 2020. However, in many regions, the wine market has extremely benefited from the lockdown and travel restrictions. Consumers enjoyed wine across a broader range of at-home occasions. For instance, according to Wine Intelligence, the wine market of Brazil gained approximately three million regular wine drinkers (which is at least once a month) between 2019 and 2020.

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Organic Wine Market Report Highlights

• The canned organic wine segment is expected to register CAGR of 14.2% over the forecast period. According to Wine Australia (an Australian government agency), The sales of bottled wine are declining while canned wine is making an entrance in Australia. Canned winewas not recorded as a separate category until 2018. But in the last twelve months between March 2018 and March 2019, the canned wine sales grew from less than 100,000 liters to 1 million liters in retail
• The red organic wine segment dominated the market and is driven by France and Germany. The segment accounted for a 61.4% revenue share in 2021. The red organic wine has the highest share, even in the largest organic white wine consumer country, Germany. Cabernet Sauvignon, Merlot, Zinfandel, Syrah, Malbec, and Pinot Noir are some of the popular red organic wines consumers, worldwide
• The off-trade segment is projected to witness a CAGR of 10.7% over the forecast period. The supermarkets and hypermarkets sub-segments dominated the off-trade segment in 2021. COVID-19 pandemic increased the off-trade sales of wines. Several factors such as work from home, strict rules in pubs and bars like wearing a mask, and the anxiety related to COVID-19 have driven consumers to purchase organic wine directly from retail outlets
• Germany is the world’s largest market for organic wine with a share of 32.3% in Europe in 2021. As per the report published by USDA Foreign Agriculture Services in 2020, in Europe, Germany is among the top five wine producers in the European Union (EU). It ranks fourth in the production of wine after France, Italy, and Spain. German wine production from the 2019 harvest for marketing in 2020 was estimated at 8.4 million hectoliters. Germany is also among the largest importers of wine in terms of volume
• Australia is the second-largest market for organic wine in Asia Pacific and the consumption of wines is increasing in the country. According to Wine Australia, the country is among the top 10 consumers of wine in the world. The country accounts for 2% of the global wine consumption

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Organic Wine Market Segmentation

Grand View Research has segmented the global organic wine market on the basis of type, packaging, distribution channel, and region:

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

• Red Organic Wine
• White Organic Wine

Organic Wine Packaging Outlook (Revenue, USD Million, 2017 - 2030)

• Bottles
• Cans
• Others

Organic Wine Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• On-trade
• Off-trade

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

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

List of Key Players of Organic Wine Market

• Avondale
• Elgin Ridge Wines
• Kendall-Jackon Winery
• The Organic Wine Company
• Bronco Wine Company
• King Estate Winery
• Grgich Hills Estate
• Emiliana Organic Vineyards
• Societa Agricola QuerciabellaSpA
• Frey Vineyards

About Grand View Research

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

Global Market for Healthcare Contract Research Organization to Reflect Steadfast Expansion During 2022-2030: Grand View Research Inc.

 Healthcare Contract Research Organization Market Growth & Trends

The global healthcare contract research organization market size is expected to reach USD 74.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.5% from 2022 to 2030. The increasing cost of drug development is expected to drive market demand over the forecast period. Also, rising clinical trial costs and challenges pertaining to patient recruitment have led biopharmaceutical companies to turn to regions like Central and Eastern Europe, Asia Pacific, Latin America, and the Middle East for cost savings and quick patient recruitment.

In addition, growing pressure on industry players to follow stringent timelines has increased the demand for outsourcing research activities to CROs. Some government organizations are also outsourcing their clinical trial activities so that they can carry out clinical trials with the required infrastructure, expertise, and minimize their cost and timelines. The CRO market was temporarily affected by the ongoing pandemic, as it led to the closure of clinical trial sites.

However, owing to the significant demand for treatments, the clinical trial sites were reopened with certain measures and precautions to avoid the spread of the virus. Moreover, the worldwide focus on finding a vaccine against coronavirus has had a significant impact on the development of vaccines & drugs for COVID-19. This is expected to have a positive impact on the market. Owing to the pandemic, the players of the CRO market built powerful tools to support virtual clinical trials, so as to assist sponsors of the trials. Such actions are likely to improve market growth. 

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Healthcare Contract Research Organization Market Report Highlights

• Based on type, the clinical segment has dominated the market in 2021, with the largest share of 76.4%, owing to the fact that it comprises four elaborate phases, including human subjects. The significant demand for new treatments has further contributed to the growth of the segment
• Among services, the clinical monitoring segment was the largest in terms of both the market share and revenue in 2021
• North America held a significant market share of 25.3% in 2021 due to the presence of several global players, who invest a major part of their revenue in research activities
• In Asia Pacific, the market is anticipated to witness lucrative growth of 8.0% over the forecast period due to the reduced cost it offers in comparison to the U.S and other developed economies
• China, Japan, and India are projected to witness tremendous growth in the market over the forecast period owing to high disease prevalence in these countries

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Healthcare Contract Research Organization Market Segmentation

Grand View Research has segmented the global healthcare Contract Research Organization (CRO) market on the basis of type, service, and region:

Healthcare CRO Type Outlook (Revenue, USD Million, 2018 - 2030)

• Drug Discovery
  • Target Validation
  • Lead Identification
  • Lead Optimization
• Pre-Clinical
• Clinical
  • Phase I Trial Services
  • Phase II Trial Services
  • Phase III Trial Services
  • Phase IV Trial Services

Healthcare CRO Service Outlook (Revenue, USD Million, 2018 - 2030)

• Project Management/Clinical Supply Management
• Data Management
• Regulatory/Medical Affairs
• Medical Writing
• Clinical Monitoring
• Quality Management/ Assurance
• Bio-statistics
• Investigator Payments
• Laboratory
• Patient and site Recruitment
• Technology
• Others

Healthcare CRO Application Outlook (Revenue, USD Million, 2018 - 2030)

• Oncology
• Cardiovascular
• Autoimmune/Inflammation
• Central nervous system (CNS)
• Dermatology
• Infectious diseases
• Diabetes
• Pain
• Others

Healthcare CRO End use Outlook (Revenue, USD Million, 2018 - 2030)

• Pharmaceutical & Biopharmaceutical Companies
• Medical Device Companies
• Others

Healthcare Contract Research Organization (CRO) Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Spain
  • Italy
  • Switzerland
  • Belgium
  • Netherlands
  • Austria
• Asia Pacific
  • India
  • China
  • Japan
  • Korea (Republic)
  • Taiwan
  • Australia
  • Indonesia
  • Malaysia
  • Singapore
  • Thailand
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Iran
  • Israel

List of Key Players of Healthcare Contract Research Organization (CRO) Market

• ICON Plc
• Charles River Laboratories (CRL)
• Syneos Health
• IQVIA HOLDINGS INC.
• GVK Biosciences Private Limited
• Laboratory Corporation of America Holdings
• Thermo Fisher Scientific Inc.
• PAREXEL INTERNATIONAL CORPORATION
• Medidata Solutions, Inc.
• Pharmaron
• SGS SA
• KCR S.A.
• CTI Clinical Trial & Consulting
• PSI CRO AG
• Clintec
• Worldwide Clinical Trials
• Wuxi AppTec
• Advanced Clinical
• Pharm-Olam, LLC
• Clinipace

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.

Ocular Implants Market Trends, Growth Prospects To 2030: Grand View Research Inc.

 Ocular Implants Market Growth & Trends

The global ocular implants market size is expected to reach USD 22.1 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.8% from 2022 to 2030. Increasing focus on the development of technologically advanced products is expected to drive the market. Additionally, the growing incidence of eye disorders such as glaucoma, cataract, and age-related macular degeneration is predicted to propel the demand for ocular implants. According to the World Glaucoma Association, an estimated 79.6 million individuals were anticipated to have glaucoma in 2020.

Due to the imposition of multiple lockdown restrictions, travel restrictions, and complete lockdowns in many countries, the economies worldwide have observed a major loss moving it into a state of recession. The COVID-19 impact was also strongly felt across the healthcare systems. While certain markets witnessed a major rise in demand due to the need for ocular implants in diagnoses and the treatment of COVID-19, certain other products observed a sharp fall in sales, especially during the peak of the pandemic. The market belonged to the latter and witnessed a negative impact due to the outbreak of COVID-19. The cancellation and postponement of elective surgeries in order to avoid the transmission of the virus to the staff and patients led to a fall in the sales of ocular implants in 2020.

However, the introduction of vaccines and specific strategies based on earlier experience to curtail the similar impact of the third or fourth wave in most countries is helping the market to regain its growth. Additionally, the outbreak of COVID-19 has created a higher preference among patients to visit specialty eye institutes rather than hospitals in order to avoid crowded places that pose a higher threat of contracting the virus, thereby increasing the demand for specialty clinics. Moreover, the new dynamics involved in the occupation and education system have increased the overall screen-time of individuals, which is expected to contribute to the rising incidence of eye diseases. This, in turn, is expected to enhance the market growth during the forecast period.

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Ocular Implants Market Report Highlights

• The glaucoma implants product segment dominated the market in 2021 owing to the growing incidence of glaucoma globally
• The glaucoma surgery application held the largest revenue share in 2021 and this trend is expected to continue during the forecast period
• By end use, the hospitals segment dominated the market with a revenue share of more than 40.0% in 2021 due to the increasing number of hospital admissions across the globe
• The specialty eye institutes end-use segment is expected to witness significant growth during the forecast period owing to the rising need for eye care services in remote areas
• Asia Pacific is anticipated to register the highest CAGR of 7.1% over the forecast period due to the increase in the diabetic population in this region, which is highly susceptible to developing eye disorders

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Ocular Implants Market Segmentation

Grand View Research has segmented the global ocular implants market based on product, application, end use, and region:

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

• Intraocular Lens
• Corneal Implants
• Orbital Implants
• Glaucoma Implants
• Ocular Prosthesis
• Others

Ocular Implants Application Outlook (Revenue, USD Million, 2017 - 2030)

• Glaucoma Surgery
• Oculoplasty
• Drug Delivery
• Age-related Macular Degeneration
• Aesthetic Purpose

Ocular Implants End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Hospitals
• Specialty Eye institutes
• Clinics

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

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

List of Key Players of Ocular Implants Market

• Alcon, Inc.
• Bausch & Lomb, Inc.
• Carl Zeiss AG
• Johnson & Johnson
• STAAR Surgical Company
• Morcher GmbH
• Hoya Corporation
• Glaukos 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.

Anti-acne Dermal Patch Market Size, Share, Trends, Analysis And Growth Forecast To 2030: Grand View Research Inc.

 Anti-acne Dermal Patch Market Growth & Trends

The global anti-acne dermal patch market size is expected to reach USD 870.3 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.1% from 2022 to 2030. The growing prevalence of acne vulgaris is boosting the adoption of instant treatments pertaining to the conditions such as acne patches, thus propelling market growth. There has been a surge in the number of anti-acne dermal patch brands being commercialized across the globe. Hence, increasing product launches in this industry have significantly boosted its revenue growth. Moreover, the rising number of companies expanding their geographic presence across the developing as well as developed economies have further supported the market’s positive growth trajectory across the forecast period.

However, the pandemic of COVID-19 has made the anti-acne dermal patch industry witness a negative drop in its growth rate in 2020. The parent market of beauty and personal care has reflected a significant decline in its revenue growth across the year 2020. Closure of retail stores, pharmaceutical outlets during the initial period of the COVID-19 outbreak has resulted in severe disruption of the profit model of such industries. However, the COVID-19 outbreak has also resulted in a sudden spike in demand for E-commerce platforms such as Amazon and a few others. Online platforms delivering beauty and personal care products including anti-acne dermal patches have witnessed strong growth during the last quarter of 2020, thus mitigating the negative impact on the business up to a certain extent.

Furthermore, the increasing trend of social media marketing is another crucial factor boosting the adoption of acne patches. For instance, in August 2019, Hero Cosmetics launched an influencer campaign on TikTok, promoting its anti-acne dermal patch by featuring 20 creators who posted videos of their morning routines with Hero's Mighty Patch product, thus attracting a large group of customers and thereby propelling its revenue growth.

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Anti-Acne Dermal Patch Market Report Highlights

• The 18 to 44 segment dominated the market with a share of 55.2% in 2021. The high incidence of acne vulgaris among this age group is one of the prominent factors supporting its share
• The chemical-based anti-acne dermal patch segment accounted for the largest share of 88.3% in 2021
• Asia Pacific held the largest revenue share of 39.8% in 2021. The presence of large numbers of players in countries such as South Korea offerings novel herbal-based acne patches is responsible for market growth. The region is also expected to witness the highest growth over the forecast period

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Anti-acne Dermal Patch Market Segmentation

Grand View Research has segmented the global anti-acne dermal patch market based on type, age group, distribution channel, and region:

Anti-Acne Dermal PatchType Outlook (Revenue, USD Million, 2018 - 2030)

• Chemical based
• Herbal based

Anti-Acne Dermal PatchAge Group Outlook (Revenue, USD Million, 2018 - 2030)

• 10 to 17
• 18 to 44
• 45 to 64
• 65+

Anti-Acne Dermal PatchDistribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Retail Stores
• Pharmacies & Drug Stores
• E-Commerce Platform

Anti-Acne Dermal PatchRegional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Anti-acne Dermal Patch Market

• Peter Thomas Roth Labs LLC
• Rael
• ZitSticka
• 3M
• Starface
• DermaAngel
• Hero Cosmetics
• Sephora USA, Inc.
• Urban Outfitters
• Peach & Lily
• COSRX
• Alba Botanica
• Peace Out Skincare

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.

Gallium Nitride Semiconductor Devices Market Size Projected to Rise Lucratively during 2022 to 2030: Grand View Research Inc.

 Gallium Nitride Semiconductor Devices Market Growth & Trends

The global gallium nitride semiconductor devices market size is expected to reach USD 12.47 billion by 2030, according to a new study conducted by Grand View Research, Inc. It is expected to expand at a CAGR of 24.4% from 2022 to 2030. The growing demand for fast chargers used in various consumer electronics applications worldwide is expected to drive the market. Various smartphone companies such as Apple and Samsung are making efforts to develop fast chargers to enhance their customer experience and gain a competitive edge.

The companies providing GaN Radio Frequency (RF) are continuously improving their product offerings, thereby driving the market. For instance, in December 2021, Microchip Technology Inc., a microcontroller manufacturer, announced the expansion of its GaN RF power device portfolio with new discrete transistors and MMICs. The devices combine high linearity and high power-added efficiency to deliver enhanced performance in satellite communications, electronic warfare, test equipment, and commercial and defense radar systems.

The enhanced-mode version of GaN is widely used in the development of space applications and this is further driving the market. The demand for commercial GaN power devices is high among businesses as these devices offer high performance compared to traditional silicon technology-based Rad Hard devices. GaN power devices are used in applications such as drones, satellites, spacecraft, and robotics.

The COVID-19 pandemic adversely affected the GaN semiconductor devices market in 2021. This can be attributed to the semiconductor shortage witnessed by various automotive companies. Automakers such as Ford and General Motors reduced the production of some of their models in 2021 due to the shortage of semiconductor chips.

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Gallium Nitride Semiconductor Devices Market Report Highlights

• The GaN radio frequency devices product segment is anticipated to expand at the highest CAGR over the forecast period. The segment growth can be attributed to the growing demand for these products from the military for applications such as Electronic Warfare (EW) systems and Active Electronically Steered Array (AESA) radars
• The automotive end-use segment is expected to witness significant growth over the forecast period. The growing popularity of autonomous vehiclesis boosting the demand for LiDAR sensors in driverless navigation systems, in turn, fueling the segment growth
• The Asia Pacific regional market is expected to emerge as the fastest-growing market over the forecast period owing to the surge in the demand for efficient and high-performance RF components and the surge in electric vehicle production in countries such as China, Japan, and South Korea
• The rectifier component segment is anticipated to expand at the highest CAGR over the forecast period. The increasing use of rectifiers across automotive electric, consumer electric, household appliances, and other industries is expected to drive the segment over the forecast period
• The 6-inch wafer size segment is anticipated to expand at the highest CAGR over the forecast period. The increasing demand for 6-inch wafers for electric vehiclesis expected to drive the segment

Access Press Release@ https://www.grandviewresearch.com/press-release/global-gan-gallium-nitride-semiconductor-devices-market

Gallium Nitride Semiconductor Devices Market Segmentation

Grand View Research has segmented the global Gallium Nitride (GaN) semiconductor devices market based on product, component, wafer size, end-use, and region:

Gallium Nitride (GaN) Semiconductor Devices Product Outlook (Revenue, USD Million, 2017 - 2030)

• GaN Radio Frequency Devices
• Opto-semiconductors
• Power Semiconductors

Gallium Nitride (GaN) Semiconductor Devices Component Outlook (Revenue, USD Million, 2017 - 2030)

• Transistor
• Diode
• Rectifier
• Power IC
• Others

Gallium Nitride (GaN) Semiconductor Devices Wafer Size Outlook (Revenue, USD Million, 2017 - 2030)

• 2-inch
• 4-inch
• 6-inch
• 8-inch

Gallium Nitride (GaN) Semiconductor Devices End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Automotive
• Consumer Electronics
• Defense & Aerospace
• Healthcare
• Industrial & Power
• Information & Communication Technology
• Others

Gallium Nitride (GaN) Semiconductor Devices Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Gallium Nitride Semiconductor Devices Market

• Cree, Inc.
• Efficient Power Conversion Corporation
• Fujitsu Ltd.
• GaN Systems
• Infineon Technologies AG
• NexgenPowerSystems
• NXP Semiconductor
• Qorvo, Inc.
• Texas Instruments Incorporated
• Toshiba 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.

Self-tanning Products Market to Reflect Impressive Expansion During 2022 to 2030: Grand View Research Inc.

 Self-tanning Products Market Growth & Trends

The global self-tanning products market size is expected to reach USD 1.31 billion by 2030, registering a CAGR of 4.5% over the forecast period, according to a new report by Grand View Research, Inc. Rising preference for healthy and tanned skin, especially among female consumers, has given rise to increased spending on self-tanning products. Furthermore, increased acceptance of self-tanning products among men, coupled with growing celebrity endorsements by actors such as Brad Pitt and George Clooney, is expected to drive the product demand. According to an article published on William Reed Business Media in November 2020, consumers in the U.K. have spent more money on self-tanning products during the COVID-19 pandemic despite a major cutback in overall beauty spend, as per a survey released by beauty retailer Natura & Co. Spending on self-tanning products in the U.K. increased and the average time dedicated to self-tanning during the lockdown also increased by 8 minutes.

The lotions product segment held the largest revenue share in 2021 and is expected to maintain dominance over the forecast period. Lotions are lightweight, contain little oil, and have high water content, making them one of the most popular sunless tanning alternatives, especially in hot and humid climates to prevent greasiness. The supermarkets & hypermarkets segment accounted for the largest revenue share in 2021. A large number of consumers prefer buying self-tanning products from hypermarkets & supermarkets due to the shopping experience offered by these stores. The availability of expert assistance along with physical verification of products is another major factor contributing to the growth of this segment. The market is consolidated in nature owing to the presence of a large number of strong major players, such as The Estée Lauder Companies Inc. and Beiersdorf AG.

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Self-tanning Products Market Report Highlights

• Asia Pacific is projected to register the fastest growth rate over the forecast period
• The expansion of the chemical industry in India and China, both of which are backed by regulatory support, is expected to ensure continuous raw material access to self-tanning product manufacturers and thus, be a positive factor for the market growth in Asia Pacific
• The gels segment is projected to register the fastest CAGR during the forecast period due to the increasing product launches
• For instance, Clarins Paris offers DHA+ Erythrulose, water molecules-infused self-tanning gel
• The online distribution channel segment is expected to register the fastest growth during the forecast period
• Key players in the market are increasingly launching e-commercewebsites in lucrative markets owing to the rising internet penetration and increasing propensity of mobile shopping among consumers

Access Press Release@ https://www.grandviewresearch.com/press-release/global-self-tanning-products-market

Self-tanning Products Market Segmentation

Grand View Research has segmented the global self-tanning products market on the basis of product, application, distribution channel, and region:

Self-tanning Products Product Outlook (Revenue, USD Million, 2017 - 2030)

• Lotions
• Gels
• Others

Self-tanning Products Application Outlook (Revenue, USD Million, 2017 - 2030)

• Men
• Women

Self-tanning Products Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Supermarkets & Hypermarkets
• Convenience Stores
• Online

Self-tanning Products Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Self-tanning Products Market

• The Estée Lauder Companies Inc.
• L’Oréal
• Shiseido Co., Ltd.
• Tropez
• Unilever
• Kao Corp.
• Beiersdorf AG
• Johnson & Johnson Services, Inc.
• Avon Products, Inc.
• Clarins

About Grand View Research

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

Global Hard Seltzer Market Outlook & Future Forecast Report Till 2030

 Hard Seltzer Market Growth & Trends

The global hard seltzer market size is expected to reach USD 57.34 billion by 2030, registering a CAGR of 22.9%, according to a new report by Grand View Research, Inc. Shifting consumer preference for low alcohol content beverages, especially among millennials and the working-class population, is expected to be a key factor contributing to the growth of the market. Hard seltzers are gaining popularity due to the rising preference for low-calorie and low-sugar alternative alcoholic drinks over traditional alcoholic beverages among the health-conscious demographics across the world. Hard seltzer flavors, such as citrus and other fruity flavors, are gaining popularity among consumers. The rising adoption of new flavors among consumers is likely to provide opportunities to the players operating in this market.

For instance, in March 2021 Stewarts Enterprises launched Stewart’s Spiked Seltzer, a line of low-calorie hard seltzers in three flavors, namely Root Beer, Orange Cream, and Black Cherry, to expand in the northeast U.S. Hard seltzer with 5.0% to 6.9% ABV content held the largest revenue share in 2021 and is expected to maintain dominance over the forecast period. The high consumption and wide availability of hard seltzer of this category, especially in the North America region, are driving the growth of this segment. The off-trade segment accounted for a majority of the share in 2021. The increasing availability of such products at Walmart, Target, Costco, and Tesco among others has helped in driving the product sales through off-trade channels.

Furthermore, the closure of on-trade distribution channels due to the outbreak of COVID-19 has also boosted product sale through off-trade channels. The market is consolidated in the U.S. with a major share occupied by Mark Anthony Brands International and The Boston Beer Company. However, it is fragmented in other regions/countries owing to the presence of a large number of players including Mark Anthony Brands International, Anheuser-Busch InBev, The Coca Cola Company, Diageo plc, Heineken N.V., Constellation Brands, Inc., and Constellation Brands, Inc.

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Hard Seltzer Market Report Highlights

• Hard seltzer with 1.0% to 4.9% ABV content is projected to register the fastest CAGR
• The growth can be credited to the high demand for low-alcoholic beverages among millennials and Gen Z consumers
• The on-trade channel is anticipated to register a CAGR of more than 23% from 2022 to 2030 due to the rising demand through these channels
• The rest of the World (RoW) is expected to be the fastest-growing market during the forecast period
• This growth can be credited to the increasing product consumption in countries, such as China, Australia, New Zealand, and India

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

Hard Seltzer Market Segmentation

Grand View Research has segmented the global hard seltzer market on the basis of ABV content, distribution channel, and region:

Hard Seltzer ABV Content Outlook (Revenue, USD Million, 2017 - 2030)

• 0% to 4.9%
• 0% to 6.9%
• Others

Hard Seltzer Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Off-trade
• On-trade

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

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • The Netherlands
  • Ireland
• Rest of the World (RoW)
  • Australia
  • China
  • New Zealand

List of Key Players of Hard Seltzer Market

• Mark Anthony Brands International
• Anheuser-Busch InBev
• The Coca Cola Company
• Diageo plc
• Heineken N.V.
• The Boston Beer Company
• Molson Coors Beverage Company
• Constellation Brands, Inc.
• Kopparberg
• San Juan Seltzer, 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.

Construction Equipment Market Analysis By Leading Players, Types, Growth Factors, Demand, Opportunities, Current Trends & Predictions

 Construction Equipment Market Growth & Trends

The global construction equipment market size is projected to reach USD 161.99 billion by 2030, registering a 3.9% CAGR from 2022 to 2030, according to a new study by Grand View Research Inc. Increasing investments by governments worldwide for developing public infrastructure is one of the prime factors that is expected to drive the market growth over the forecast period. Furthermore, the growing population in emerging economies such as India has resulted in increased residential and commercial construction activities, a trend that is expected to continue to increase the demand for construction equipment. Thus, the market is anticipated to grow steadily over the forecast period.

Favorable government initiatives are expected to drive the growth of the market in the forthcoming years. For instance, in August 2021, the federal government of the U.S. announced stimulus packages including USD 550 billion in new federal investment for modernizing infrastructure are expected to drive construction spending in the country. Similarly, in 2019, the Government of India announced to invest USD 1.4 trillion for infrastructure projects from 2019 to 2023; this signifies the upcoming demand for construction machinery in the country over the forecast period.

The COVID-19 outbreak hampered the growth of the market, due to supply chain disruptions and temporary shutdowns of dealer stores. However, in 2021, there was a sudden increase in demand for construction equipment due to the resumption of construction activity for halted and new projects. An abrupt demand for construction and infrastructure resulting in a shortage of inventories leading to an increase in the price of the commodity of base materials are expected to hinder the growth of the market over the forecast period.

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Construction Equipment Market Report Highlights

• The earthmoving machinery segment dominated the market in 2021. The segment is expected to witness progressive demand owing to the increasing investments for industrial and commercial construction projects in emerging economies of the Asia Pacific and the Middle East and Africa
• The material handling machinerysegment is expected to register a CAGR exceeding 4% over the forecast period. It can be ascribed to an increase in demand for crawler cranes that offer greater convenience and ease of accessibility in small construction sites, especially in urban areas
• The concrete and road construction machinery is projected to expand at a CAGR exceeding 5% over the forecast period. Favorable government initiatives to increase their investment in highway construction are anticipated to drive the growth of the segment

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

Construction Equipment Market Segmentation

Grand View Research has segmented the global construction equipment market based on product and region:

Construction Equipment Product Outlook (Revenue, USD Billion, 2018 - 2030)

• Earth Moving Machinery
  • Excavator
  • Loader
  • Others
• Material Handling Machinery
  • Crawler Cranes
  • Trailer Mounted Cranes
  • Truck Mounted Cranes
• Concrete and Road Construction Machinery
  • Concrete Mixer & Pavers
  • Construction Pumps
  • Others

Construction Equipment Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Rest of Asia Pacific          
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America

List of Key Players of the Construction Equipment Market

• Caterpillar
• CNH Industrial N.V.
• Doosan Corporation
• Escorts Limited
• Hitachi Construction Machinery Co., Ltd.
• Hyundai Construction Equipment Co., Ltd.
• J C Bamford Excavators Ltd.
• Deere & Company.
• Kobelco Construction Machinery Co., Ltd.
• Komatsu Ltd.
• Liebherr-International AG
• Manitou BF
• HÄ°DROMEK
• Sany Heavy Industry Co., Ltd.
• Sumitomo Heavy Industries, Ltd.
• Terex Corporation
• Volvo Construction Equipment AB
• Zoomlion Heavy Industry Science and Technology Co., Ltd

About Grand View Research

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