Core Banking Software Market Expected To Trigger A Revenue To $21.61 Billion By 2030: Grand View Research, Inc.

 Core Banking Software Market Growth & Trends

The global core banking software market size is expected to reach USD 21.61 billion by 2030, registering at a CAGR of 8.9% from 2022 to 2030, according to a new report by Grand View Research, Inc. The market growth can be attributed to the surge in the adoption of core banking technology across banks and financial institutions globally. This technology is helping numerous banks across the globe synchronize their front, mid, and back-office tasks.

Core banking software offers a comprehensive suite of capabilities to power the digital transformation of financial institutes. Numerous banks across the globe are adopting core banking solutions to gain a comprehensive set of capabilities, including extensive parameterization, flexible product factories, reusable business components, and product bundling. These capabilities are helping banks achieve innovation-led growth.

In recent years, the amount of structured and unstructured data available to banks has increased significantly. With advances in machine learning and cloud computing technologies, Artificial Intelligence (AI) is shaping the prospects of financial and banking services. Moreover, with the data history captured using AI-based solutions, core banks across the globe can make more informed business decisions on various functions, including customer experience, back-office operations, product management, and marketing. 

The COVID-19 pandemic adversely affected the growth of the market for core banking software. However, banks across the globe are focusing on adopting time and cost-efficient modes of banking that are capable of reducing their operational expenses and improving customer experience. This is expected to create growth opportunities for the market over the forecast period.

Request a free sample copy or view report summary: Core Banking Software Market Report

Core Banking Software Market Report Highlights

• In terms of solutions, the enterprise customer solutions segment is expected to witness significant growth over the forecast period. These solutions help banks effectively track and process every customer transaction that occurs at a bank
• The core banking managed services model offers banks and financial institutions a competitive edge by ensuring high usability, complete functionality, bug-fixing, and timely upgrades. Modern banks need multiple complex systems to run in parallel to effectively ensure uninterrupted service delivery and availability. This is expected to drive the demand for managed services over the forecast period
• Banks and financial institutions can leverage the power of cloud-based applications. These solutions are deployed and developed as a set of flexible microservices with the help of Platform-as-a-Service (PaaS) tools. These solutions help banks and financial institutions in reducing operational costs, boost performance, and accelerate business growth, thereby driving the adoption of cloud-based solutions
• The growing need to increase the productivity and operational efficiency of banks is expected to drive the adoption of core banking software across banks over the forecast period. This software enables banking customers to manage their accounts from any part of the world
• The increasing inclination of banks and other financial institutions toward digital transformation and the rising partnerships between banks and IT businesses in the Asia Pacific region are anticipated to drive the regional market growth over the forecast period

Access Press Release@ https://www.grandviewresearch.com/press-release/global-core-banking-software-market

Core Banking Software Market Segmentation

Grand View Research has segmented the global core banking software market based on solution, service, deployment, end-use, and region:

Core Banking Software Solution Outlook (Revenue, USD Million, 2017 - 2030)

• Deposits
• Loans
• Enterprise Customer Solutions
• Others

Core Banking Software Service Outlook (Revenue, USD Million, 2017 - 2030)

• Professional Service
• Managed Service

Core Banking Software Deployment Outlook (Revenue, USD Million, 2017 - 2030)

• Cloud
• On-premise

Core Banking Software End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Banks
• Financial Institutions
• Others

Core Banking Software Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of the Core Banking Software Market

• Capgemini
• Finastra
• FIS
• Fiserv, Inc.
• HCL Technologies Limited
• Infosys Limited
• Jack Henry & Associates, Inc.
• Oracle Corporation
• Temenos Group
• Unisys

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.

IoT Microcontroller Market Predicted to Witness Steady Growth During the Forecast Period

 IoT Microcontroller Market Growth & Trends

The global IoT microcontroller market size is projected to reach USD 12.94 billion by 2030, registering a CAGR of 12.7% from 2022 to 2030, according to a new study by Grand View Research Inc. Increase in adoption of smart home devices integrated with mobile applications and advancements in low power Microcontroller (MCU) are expected to drive the market growth. The surge in the number of enterprise IoT connections across industries such as manufacturing, healthcare, and energy and power is also expected to drive the growth of the market over the forecast period.

Advancements in short-range wireless connectivity such as Zigbee, Bluetooth, and KNX technologies, notably in Europe and North America also expected to drive IoT adoption over the next few years. Advancements in disruptive technologies such as big data analytics, Artificial Intelligence (AI), and industrial IoT are further expected to propel the adoption of IoT-connected devices. Increasing investments through funding in start-ups such as Hypervolt, HIXAA, SmartRent, and other SMEs that help to gain new IoT-based projects in industries likely to create the need for a high-performance, low-power IoT MCUs market over the forecast period.

Key IoT MCU manufacturers such as RENESAS Electric Corporation, NXP Semiconductors, and STMicroelectronics are innovating high-performance MCUs to meet the demand. For instance, in 2022, Renesas Electric Corporation launched the 32-bit RA Family of microcontrollers (MCUs). The launched product is based on the Arm Cortex-M23 core, which offers shallow power consumer MCUs developed explicitly for IoT endpoint applications, including industrial automation, medical devices, intelligent home appliances, and wearables.

The COVID-19 outbreak positively impacted the IoT MCU market in 2020. Government-imposed restrictions and stay-at-home mandates increased the demand for smart wearables, including fitness trackers, health-based wearables, and other consumer IoT devices. Due to a sudden increase in demand for consumer IoT devices and a temporary halt of production units, the market experienced a shortage of MCUs in 2021, creating an imbalance in supply and demand. In light of these factors, device manufacturers are expected to hike the connected product prices in 2022, which is likely to continue until 2023. 

Request a free sample copy or view report summary: IoT Microcontroller Market Report

IoT Microcontroller Market Report Highlights

• 32-bit captured more than 40% market share of the overall IoT MCU market in 2021, with the market size expected to register a CAGR exceeding 13% over the forecast period. An increase in the adoption of smart utilities and industrial robotics is expected to drive market growth over the forecast period
• By 2030, the wearables segment is expected to surpass USD 700 million with a CAGR exceeding 13%. It is ascribed to increasing awareness for health and fitness among individuals, significantly contributing to the adoption of wearable technology, supporting market growth
• Asia Pacific led the market in 2021, a trend expected to continue over the mid-term. The regional CAGR is expected to exceed 13.6% from 2022 to 2030. Adding to this, increasing government initiatives to develop innovative and connected infrastructure signifies market growth

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

IoT Microcontroller Market Segmentation

Grand View Research has segmented the global IoT microcontroller market based on product, application, and region:

IoT Microcontroller Product Outlook (Revenue; USD Million, 2018 - 2030)

• 8-Bit
• 16-Bit
• 32-Bit

IoT Microcontroller Application Outlook (Revenue; USD Million, 2018 - 2030)

• Industrial Automation
• Smart Homes
• Consumer Electronics
  • Smartphones
  • Wearables
  • Others
• Others (others include smart utility, smart transportation& logistics, smart retail, and other enterprise application)

IoT Microcontroller Regional Outlook (Revenue; USD Million, 2018 - 2030)

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

List of Key Players in the IoT Microcontroller Market

• Broadcom
• Espressif Systems (Shanghai) Co., Ltd
• Holtek Semiconductor Inc.
• Infineon Technologies
• Microchip Technology Inc.
• Nuvoton Technology Corporation
• NXP Semiconductors
• Silicon Laboratories
• STMicroelectronics
• Texas Instruments Incorporated
• Renesas Electronics 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.

Valuable Foresights on How Sacroiliac Joint Fusion Market will Grow During 2022– 2030: Grand View Research Inc.

 Sacroiliac Joint Fusion Market Growth & Trends

The global sacroiliac joint fusion market size is anticipated to reach USD 2.49 billion by 2030, registering a CAGR of 19.0% over the forecast period, according to a new report by Grand View Research, Inc. The key factors driving the market growth include a rising preference for minimally invasive surgeries, the growing aging population, and various initiatives by market players. The COVID-19 pandemic resulted in logistical bottlenecks, decreased sales & marketing activities, low demand, and other challenges for market participants. The major impact during the pandemic, however, was the canceled/postponed elective surgeries. As many countries went under lockdown and implemented movement restrictions, the number of elective surgeries plummeted.

In addition, several healthcare institutions and regulatory bodies recommended the postponement of elective surgical procedures. The Harvard Business Review estimated an approximately 4.8% GDP decline in the U.S. economy, in the first quarter of 2020, which could be attributed to the postponed healthcare services, particularly delayed elective procedures. The demand is anticipated to increase with the resumption of elective surgeries. The rising adoption of minimally invasive surgeries is a major factor contributing to the market growth. For instance, in September 2021, Core Link Surgical reported that its patented Entasis SI Joint Fusion System surpassed 5,000 implants.

The growing aging population in developed countries, such as the U.S., and the increasing prevalence of chronic diseases are leading to a rise in the number of surgeries performed every year. As per the U.S. Census Bureau in 2019, out of the 328 million U.S. population, about 75 million were aged 60 years and older. This implies that a significant number of the population is vulnerable to degenerative sacroiliitis and sacral disruption leading to an increased number of SI joint fusion surgeries. Many companies specializing in spine, orthopedic, or musculoskeletal solutions hold a significant share of the market. These players are involved in increasing their market share through R&D, product launches, geographical expansions, and partnerships.

For example, in March 2021, Aurora Spine, operating in spinal implant & pain management markets, launched the SiLO Posterior SI Joint Fusion System. In February 2020, Genesys Spine launched its Sacroiliac Joint Fusion system consisting of partially threaded and fully threaded implants. In January 2018, Surgalign Spine Technologies, Inc., formerly known as RTI Surgical, entered the market by acquiring Zyga Technology, Inc. In July 2020, the company sold its OEM Businesses to become a pure-play global spine company and changed its name to Surgalign

Request a free sample copy or view report summary: Sacroiliac Joint Fusion Market Report

Sacroiliac Joint Fusion Market Report Highlights

• The degenerative sacroiliitis indication segment dominated the market in 2021 due to the high geriatric population and prevalence of chronic conditions
• The rapidly growing adoption of minimally invasive surgeries contributed to the dominant share of the surgery treatment type segment in 2021
• The hospital end-user segment held the largest share of the global revenue in 2021 as hospitals are the primary Point-of-Care (POC) for treatment
• Furthermore, hospitals offer superior care to their patients, and treatment cost is generally reimbursed, which drives the segment growth
• The Ambulatory Surgical Centers (ASCs) segment is anticipated to register the fastest CAGR over the forecast years
• This is owing to significantly lower procedure costs lower infection risk and high patient satisfaction than hospitals

Access Press Release@ https://www.grandviewresearch.com/press-release/global-sacroiliac-joint-fusion-market

Sacroiliac Joint Fusion Market Segmentation

Grand View Research has segmented the global sacroiliac joint fusion market on the basis of indication, treatment type, end-user, and region:

Sacroiliac Joint Fusion Indication Outlook (Revenue, USD Million, 2017 - 2030)

• Degenerative Sacroiliitis
• Sacral Disruption
• Trauma

Sacroiliac Joint Fusion Treatment Type Outlook (Revenue, USD Million, 2017 - 2030)

• Surgery
  • By Surgery Type
    • MIS
    • Open
  • By Approach
    • Dorsal
    • Anterior
  • By Product
    • Implants
    • Accessories
  • Injections
    • Diagnosis
    • Treatment
  • RF Ablation

Sacroiliac Joint Fusion End-user Outlook (Revenue, USD Million, 2017 - 2030)

• Hospitals
• Ambulatory Surgical Centers (ASCs)
• Others (Specialty Centers, Research & Academic Institutes)

Sacroiliac Joint Fusion Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Sacroiliac Joint Fusion Market

• SI-BONE, Inc.
• PainTEQ
• CornerLoc
• SIGNUS Medizintechnik GmbH
• Globus Medical
• Orthofix Medical Inc.
• Life Spine, Inc.
• Camber Spine Technologies, LLC
• CoreLink Surgical
• Xtant Medical
• Surgalign Spine Technologies, Inc.
• Medtronic

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.

Surge Protection Devices Market to Register Stable Expansion During 2022– 2030: Grand View Research Inc.

 Surge Protection Devices Market Growth & Trends

The global surge protection devices market size is expected to reach USD 5.30 billion by 2030, expanding at a CAGR of 9.2% from 2022 to 2030, according to a new report by Grand View Research, Inc. The growth of the market can be attributed to the growing need to protect electronic devices from any potential surges. The alternative energy programs being pursued aggressively all over the world and the growing instances of lightning strikes stemming from the increase in global warming are some of the other factors that are expected to drive the demand for surge protection devices (SPDs) over the forecast period.

A surge occurs due to voltage imbalances, interferences in transformers, radio interferences, or differences in potential. Electronic devices can be highly vulnerable to transient voltages. At this juncture, surge protection devices are widely used in electrical installation systems to protect electronic devices. Surge protection devices can be considered a cost-effective solution to improve the system and data reliability while preventing any undesirable downtime.

The outbreak of the COVID-19 pandemic took a severe toll on the surge protection devices market. The fluctuations in raw material prices owing to supply chains disruptions stemming from the restrictions on the movement of people and goods and the temporary closures of manufacturing plants as part of the efforts to arrest the spread of coronavirus in wake of the outbreak of the pandemic restrained the growth of the market. However, the growing adoption of protection systems for high technology equipment in various emerging economies is expected to create new growth opportunities for the market over the forecast period.

Request a free sample copy or view report summary: Surge Protection Devices Market Report

Surge Protection Devices Market Report Highlights

• The hard-wired segment dominated the market in 2021. The growing adoption of hard-wired SPDs in commercial, residential, and industrial applications to detect and limit power surges and transient voltages that can potentially damage any equipment connected to signal and power lines are expected to drive the growth of the segment over the forecast period
• The Type 1 segment is expected to expand at the highest CAGR over the forecast period. Type 1 SPDs are particularly used to protect electronic equipment from lightning surges. Type 1 SPDs are considered the first line of defense for any home or office electrical infrastructure
• The 50.1-100 kA segment is anticipated to witness significant growth over the forecast period in line with the rapid residential and commercial infrastructure development across the globe
• Industries and manufacturing units are the major end users of SPDs. SPDs provide industrial and manufacturing machinery with safer interlock circuits that can effectively protect electrical and electronic equipment from any overvoltage stemming from switching or lightning surges
• Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period owing to the aggressive investments being made to cater to the rising demand for energy in line with the growing population. The increasing residential and commercial construction activities in the region are also expected to contribute to the growth of the regional market over the forecast period

Access Press Release@ https://www.grandviewresearch.com/press-release/global-surge-protection-devices-spd-market

Surge Protection Devices Market Segmentation

Grand View Research has segmented the global surge protection devices market based on product, type, power rating, end-use, and region:

Surge Protection Devices Product Outlook (Revenue, USD Million, 2017 - 2030)

• Hard-wired
• Plug-in
• Line Cord
• Power Control Devices

Surge Protection Devices Type Outlook (Revenue, USD Million, 2017 - 2030)

• Type 1
• Type 2
• Type 3
• Type 4

Surge Protection Devices Power Rating Outlook (Revenue, USD Million, 2017 - 2030)

• 0-50 kA
• 1-100 kA
• 1-200 kA
• 1 kA and Above

Surge Protection Devices End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Commercial Complexes
• Data Center
• Industries & Manufacturing Units
• Medical
• Residential Buildings & Spaces
• Telecommunication
• Transportation
• Others

Surge Protection Devices Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Surge Protection Devices Market

• ABB
• General Electric
• Schneider Electric
• Eaton
• Legrand
• Emerson Electric Co.
• Siemens
• com
• Tripp Lite
• Vertiv Group Corp.

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.

Endoscopy Devices Market Growth With Worldwide Industry Analysis To 2030: Grand View Research Inc.

 Endoscopy Devices Market Growth & Trends 

The global endoscopy devices market size is expected to reach USD 81.0 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a compounded annual growth rate (CAGR) of 7.4% from 2022 to 2030. Growing adoption of minimally invasive endoscopic procedures by medical professionals to look into the esophagus, colon, and stomach and also its application to perform biopsies and sclerotherapy are some of the factors boosting the market growth. In addition, the increasing trend of adopting disposable endoscopes to reduce the chances of cross contaminations is also anticipated to fuel the growth of the market over the forecast years. 

In 2021, based on product, the endoscopy visualization systems segment accounted for the highest revenue share of 36.5% of the market. This is attributed to the growing adoption of High Definition (HD) visualization systems by medical professionals for better imaging results during endoscopic procedures. In addition, continuous technological advancements of endoscopy visualization systems for the treatment and diagnosis of complex health conditions such as cancer, functional gastrointestinal disorders, lung disorders, and urinary disorders also support segment growth. 

Based on application, the Gastrointestinal (GI) endoscopy segment dominated the market in 2021 in terms of revenue owing to the increasing burden of gastrointestinal diseases and the rising geriatric population. In addition, increasing recommendation by medical professionals to perform endoscopic procedures as the first line of diagnosis option for gastrointestinal disorders is also one of the major factors supporting the segment growth. The hospitals segment accounted for the highest revenue share of 48.1% in 2021. This is attributed due to the larger number of endoscopic procedures performed in the hospitals than in other end-use segments. 

In addition, favorable reimbursement policies and the high availability of government and private hospitals performing endoscopy procedures are some of the prominent factors anticipated to drive the segment growth. North America dominated the market in terms of the revenue share of 42.3% in 2021. The highest revenue share of this region is attributed due to the increasing adoption of advanced endoscopic devices and the high availability of modern healthcare facilities performing minimally invasive surgical procedures. In addition, growing functional gastrointestinal disorders and other chronic diseases such as cancer also are the major factors driving market growth in this region. 

Furthermore, the COVID19 pandemic has significantly impacted the market owing to the cancellation and postponement of elective procedures. Moreover, the fear of getting infected with the COVID-19 virus also reduced the number of surgical procedures which in turn led to the de-growth of the endoscopy devices adoption in 2020. For instance, according to a study published in the Arab Journal of Gastroenterology in 2020, the number of endoscopy procedures decreased about 50% during the COVID19 pandemic in the majority of countries all over the globe. 

Request a free sample copy or view report summary: Endoscopy Devices Market Report

Endoscopy Devices Market Report Highlights 

• The market is anticipated to be valued at USD 81.0 billion by 2030 owing to the growing adoption of minimally invasive endoscopic procedures by medical professionals in comparison with open surgeries
• The endoscopy visualization systems segment dominated with highest revenue share in 2021 owing to growing adoption of High Definition (HD) visualization systems by medical professionals for better imaging results during endoscopic procedures
• In 2021, the Gastrointestinal (GI) endoscopy segment accounted for the highest revenue share owing to the growing burden of functional gastrointestinal diseases and rising geriatric population
• Hospitals accounted for the highest revenue share of 48.1% in 2021, owing to favorable reimbursement policies and high availability of government and private hospitals performing endoscopy procedures
• North America accounted for the largest revenue share of 42.3% in 2021, owing to increasing adoption of advanced endoscopy devices and high availability of modern healthcare facilities performing minimally invasive surgical procedures

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

Endoscopy Devices Market Segmentation

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

Endoscopy Devices Product Outlook (Revenue, USD Million, 2014 - 2030)

• Endoscopes
  • Rigid Endoscopy Devices
    • Laparoscopes
    • Arthroscopes
    • Urology endoscopes
    • Cystoscopes
    • Gynecology endoscopes
    • Neuroendoscopes
    • Other rigid endoscopes
  • Flexible Endoscopy Devices
    • Upper gastrointestinal endoscopes
    • Colonoscopes
    • Bronchoscopes
    • Sigmoidoscopes
    • Laryngoscopes
    • Pharyngoscopes
    • Duodenoscopes
    • Nasopharyngoscopes
    • Rhinoscopes
    • Other flexible Endoscopy Devices
  • Capsule Endoscopy Devices
  • Disposable Endoscopy Devices
  • Robot Assisted Endoscopy Devices
• Endoscopy Visualization Systems
  • Standard Definition (SD) Visualization Systems
    • 2D systems
    • 3D systems
  • High Definition (HD) Visualization Systems
    • 2D systems
    • 3D systems
  • Endoscopy Visualization Component
    • Camera Heads
    • Insufflators
    • Light Sources
    • High Definition Monitors
    • Suction Pumps
    • Video Processors
  • Operative Devices
    • Energy Systems
    • Access Devices
    • Suction & Irrigation Systems
    • Hand Instruments
    • Wound Retractors
    • Snares

Endoscopy Devices Application Outlook (Revenue, USD Million, 2014 - 2030)

• Gastrointestinal (GI) endoscopy
• Laparoscopy
• Obstetrics/gynecology endoscopy
• Arthroscopy
• Urology endoscopy (cystoscopy)
• Bronchoscopy
• Mediastinoscopy
• Otoscopy
• Laryngoscopy
• Other applications 

Endoscopy Devices End-use Outlook (Revenue, USD Million, 2014 - 2030)

• Hospitals
• Ambulatory surgery centers
• Other end uses 

Endoscopy Devices Regional Outlook (Revenue, USD Million, 2014 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • Italy
  • France
  • Spain
  • Russia
  • Switzerland
  • Denmark
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • New Zealand
  • Thailand
  • Indonesia
  • Malaysia
  • Vietnam
  • Philippines
• Latin America
  • Mexico
  • Brazil
  • Argentina
• Middle East Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • Israel
  • Qatar 

List of Key Players of Endoscopy Devices Market

• Olympus Corporation
• Ethicon Endo-surgery, LLC.
• FUJIFILM Holdings Corporation
• Stryker Corporation
• Boston Scientific Corporation
• Karl Storz GmbH & Co. KG
• Smith & Nephew Inc.
• Richard Wolf GmbH
• Medtronic Plc (Covidien)
• PENTAX Medical
• Machida Endoscope 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.

Aluminum Extrusion Market to Reach Around USD 168.88 Billion by 2030: Grand View Research Inc.

 Aluminum Extrusion Market Growth & Trends

The global aluminum extrusion market size is expected to reach USD 168.88 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.5% over the forecast period. Increasing investments in infrastructure and residential construction are projected to drive market growth during the forecast years. Emerging economies of the Asia Pacific, Central & South America, and Middle East & Africa regions are witnessing increasing investments in the residential and infrastructure sector owing to the rapid urbanization, rising per capita income levels, and growing population. For instance, in the economic budget of FY 2020-21, the Indian government announced around USD 1.41 trillion for infrastructure projects in the country.

The Indian government is set to develop 6,500 projects under its National Infrastructure Pipeline (NIP) over the next five years. In addition to the construction industry, high demand from the automotive & transportation sector is also expected to play a crucial role in boosting the market growth. Product properties, such as flexibility, durability, and corrosion resistance, enable its usage in automotive & transportation applications. This, in turn, is projected to drive the automotive & transportation application segment over the forecast period. In addition, aluminum, being a lightweight material, helps in curbing emissions from automobiles.

Moreover, due to various stringent government regulations regarding carbon emissions, automobile companies are preferring this material over steel for automotive manufacturing. The COVID-19 pandemic has created disruptions in the value chain of the industry across various countries, such as China. However, the country is all set for a strong rebound in its economic activities, following the relaxation of economic and social controls since April 2020. Where the other major economies of the world reported a negative GDP for the second quarter (April-June) of 2020, China registered a GDP growth of 3.2%. The economic growth of the country has helped soften the impact of the pandemic for the remainder of 2020.

Request a free sample copy or view report summary: Aluminum Extrusion Market Report

Aluminum Extrusion Market Report Highlights

• The shapes product segment generated the largest revenue share in 2021 and is estimated to retain the leading position throughout the forecast period
• The growth of this segment is attributed to the increasing demand for channels, tubing, and angles in various applications, such as construction, architectural & automotive components, computers, and domestic appliances
• Asia Pacific was the dominant regional market in 2021 and is expected to expand further at the fastest CAGR maintaining its leading position throughout the forecast period
• Stable Foreign Direct Investment (FDI) in the manufacturing sectors of China, India, South Korea, Indonesia, and Singapore is one of the key factors driving the APAC regional market
• The global market is highly competitive, in which, most of the players are focusing on creating their differentiation factors
• The establishment of an efficient sales channel is of key significance for the manufacturers in the market

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

Aluminum Extrusion Market Segmentation

Grand View Research has segmented the global aluminum extrusion market on the basis of product, application, and region:

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

• Shapes
• Rods & Bars
• Pipes & Tubes

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

• Building & Construction
• Automotive & Transportation
• Consumer Goods
• Electrical & Energy
• Others

Aluminum Extrusion Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK.
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa (MEA)
  • Saudi Arabia

List of Key Players of Aluminum Extrusion Market

• Hindalco Industries Ltd.
• Arconic Corp.
• Norsk Hydro ASA
• Constellium N.V.
• Kaiser Aluminum
• QALEX

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.

Insurtech Market Outlook, Leading Manufacturers, Industry Analysis And Forecast: Grand View Research Inc.

 Insurtech Market Growth & Trends

The global insurtech market size is expected to reach USD 152.43 billion by 2030, registering a CAGR of 51.7% from 2022 to 2030, according to a new report by Grand View Research, Inc. The rising awareness about the benefits of insurtech solutions in simplifying the claim process, improving communication, and implementing automation is expected to drive market growth. The increased use of robotic process automation in insurance companies to handle repetitive tasks more accurately, quickly, and accurately compared to humans is also one of the major factors driving the market growth.

The market is expected to benefit from the rising interest of global investors in insurtech companies. For instance, in May 2021, Shift Technology, a provider of artificial intelligence SaaS tools for insurance companies, raised USD 220 million. The company would use this money to expand into the property and casualty insurance and health markets.

The efforts taken by insurtech companies to enhance their fraud detection procedures are also expected to create new opportunities for market growth. For instance, in April 2021, the Insurance Fraud Bureau (IFB) announced its partnership with Shift Technology. The partnership is aimed to build a new fraud detection system on behalf of the U.K. insurance sector.

The COVID-19 pandemic favorably impacted the market growth in 2021. Insurers increased the use of drones, mobile applications, and catastrophe models amid the pandemics, which accentuated the market growth. At the same time, preventive measures such as social distancing and remote working also helped increase the rate of digitalization across the insurance industry, driving the market growth.

Request a free sample copy or view report summary: Insurtech Market Report

Insurtech Market Report Highlights

• The health segment dominated the market in 2021. The growth can be attributed to the increasing awareness about healthy lifestyle habits across the globe due to the pandemic, which requires insurance companies in the healthcare domain to invest more in enhanced technologies
• The managed services segment dominated the market in 2021. The increasing usage of intelligent machines and the rise of automation in the field of insurtech increased the adoption of managed services in various end-use industries in 2021
• The blockchain technologysegment is expected to witness the fastest growth over the forecast period. Insurance companies demand blockchain technology to increase sales, increase customer engagement, and gain a competitive edge
• The healthcare industry is expected to witness the fastest growth over the forecast period. Political and consumer trends are forcing the healthcare industry to become more transparent about pricing. Moreover, new approaches adopted by startups in the insurance sector are expected to drive the segment growth over the forecast period
• North America is witnessing an increasing demand for better communication, seamless data sharing, and high integration between insurers and service providers for improved customer engagement. As a result, the regional market is expected to witness promising growth opportunities over the forecast period

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

Insurtech Market Segmentation

Grand View Research has segmented the global insurtech market based on type, service, technology, end-use, and region:

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

• Auto
• Business
• Health
• Home
• Specialty
• Travel
• Others

Insurtech Service Outlook (Revenue, USD Million, 2017 - 2030)

• Consulting
• Support & Maintenance
• Managed Services

Insurtech Technology Outlook (Revenue, USD Million, 2017 - 2030)

• Blockchain
• Cloud Computing
• IoT
• Machine Learning
• Robo Advisory
• Others

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

• Automotive
• BFSI
• Government
• Healthcare
• Manufacturing
• Retail
• Transportation
• Others

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

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

List of Key Players in the Insurtech Market

• Damco Group
• DXC Technology Company
• Insurance Technology Services
• Majesco
• Oscar Insurance
• Quantemplate
• Shift Technology
• Trōv, Inc.
• Wipro Limited
• ZhongAn Insurance

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.

Filters Market Overview, Analysis And Forecast To 2030: Grand View Research Inc.

 Filters Market Growth & Trends

The global filters market size is expected to reach USD 112.87 billion by 2030, registering a CAGR of 5.1% over the forecast period, according to a new report by Grand View Research, Inc. Growing demand from the automobile industry for the reduction of emission levels, owing to the regulations by several agencies, such as the U.S. Environment Protection Agency (EPA) and the Department of Energy, is expected to drive the market over the forecast period. The market is expected to witness significant growth owing to the rapid growth in the water and wastewater treatment industry. The governments across various developing countries are emphasizing the development of their water treatment infrastructures to provide safe water to their citizens for various purposes, such as drinking, sanitation, and cooking.

The increasing concerns regarding clean air are also anticipated to support the air filtration industry growth over the forecast period. Increasing disposable income levels, rapid urbanization, and growing health concerns have resulted in people investing significantly in air purifier systems for domestic use. This shift in consumer behavior is expected to positively impact the market growth over the forecast period. The industry has a large number of established players controlling a significant market share. Key players are focused on R&D activities for the development of new products and services to enhance their service offerings, thereby attaining business growth in the market.

Request a free sample copy or view report summary: Filters Market Report

Filters Market Report Highlights

• The air filters segment is expected to witness the fastest growth rate from 2022 to 2030 on account of the high product demand in air filtration devices, such as air purifiers
• The motor vehicles application segment dominated the market in 2021 and is expected to reach remain dominant throughout the forecast period
• This growth can be credited to the rapid growth in the automobile industry and wide product usage for the reduction in fuel consumption levels
• Asia Pacific is estimated to witness the fastest CAGR from 2022 to 2030 owing to the growing product demand in industries, such as chemicals, power generation, metal processing, and cement, for the reduction in emission of Greenhouse Gases (GHG)
• The demand was hampered owing to the global outbreak of the COVID-19 pandemic in 2020. Lockdowns in major countries led to a temporary closure of various industries and automobile production units, to limit the spread of the virus
• The companies are emphasizing the development of new sustainable products for offering improved efficiency and better value to the customers
• Extending products and service offerings to customers is also one of the primary strategies employed by the companies

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

Filters Market Segmentation

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

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

• Fluid Filters
• ICE Filters
• Air Filters

Filters Application Outlook (Revenue, USD Million, 2017 - 2030)

• Motor Vehicle
• Consumers Goods
• Utilities
• Industrial & Manufacturing
• Others

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

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

List of Key Players of Filters Market

• 3M
• Airex Filter Corporation
• Koch Filter
• Freudenberg Filtration Technologies SE & Co. KG
• Donaldson Company, Inc.
• Camfil AB
• Parker Hannifin Corp.
• DENSO Corp.
• Clark Air Systems
• Spectrum Filtration Pvt. 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.

U.S. & Canada Skin Cancer Dermatology Market is Estimated To Attain USD 3,395.97 Million by 2030

 U.S. & Canada Skin Cancer Dermatology Market Growth & Trends

The U.S. & Canada skin cancer dermatology market size is expected to reach USD 3,395.97 million By 2030, registering a CAGR of 5.5%, according to a new report by Grand View Research, Inc. Technological advancements and increasing prevalence of skin cancer are anticipated to fuel the growth.

The growing usage of smartphones and the development of smartphone compatible dermatoscopes are the factors anticipated to fuel the market growth. According to the Canadian Radio-television and Telecommunications Commission data, the percentage of Canadians using a smartphone increased from 73% in 2015 to 78% in 2017, thus indicating high potential for teledermatology in the country.

In addition, ongoing research activities for advancements in the dermatology field are anticipated to drive the growth of the market in U.S and Canada. For instance, according to the study published by Nature Journal, Deep Convolutional Neural Networks (CNN) classified the various skin cancers with a competence level comparable to a dermatologist, thus highlighting the potential of Artificial Intelligence (AI) in the field of dermatology.

Inappropriate use of ABCD criteria by Medical necessity auditors is one of the major concerns of dermatologists. For instance, some of the melanoma positive biopsies have been ruled as ‘medically unnecessary’ due to lack of medical documentation of ABCD or signs and symptoms. The ABCD tool was primarily designed for public education and not an important aspect of the physician’s note.

Request a free sample copy or view report summary: U.S. & Canada Skin Cancer Dermatology Market Report

U.S. & Canada Skin Cancer Dermatology Market Report Highlights

• Skin biopsy is the most widely used test for skin cancer and thus, accounted for the largest market share in 2019
• Diagnostic imaging is anticipated to witness rapid growth over the forecast period due to the introduction of advanced imaging and non-invasive diagnostic techniques
• The 40-59 segment held the largest market share in 2019 while the 20-39 segment is anticipated to witness lucrative growth over the forecast period
• Teledermatology programs such as DermaGO, ACCESSDERM are anticipated to improve patient access in the U.S. and Canada
• Hospital OPD segment held a significant share of the U.S. and Canada skin cancer dermatology market in 2019 owing to the presence of public insurance systems is expected to enhance the patient influx in this setting
• Age and gender of the dermatologists significantly affect the type of practice, practice location and work hours.
• Some of the key market players are Firefly; SkinIO, Canfield Scientific, Inc., FotoFinder Systems, Inc., 3Gen, MetaOptima, Agilent Technologies, SkinVision, Speclipse, Inc., Skin Analytics.

Access Press Release@ https://www.grandviewresearch.com/press-release/us-canada-skin-cancer-dermatology-market-analysis

U.S. & Canada Skin Cancer Dermatology Market Segmentation

Grand View Research has segmented the  U.S. & Canada Skin Cancer Dermatology Market the basis of test type, facility type, and age group:

U.S. & Canada Skin Cancer Dermatology Test Type Outlook (Revenue, USD Million, 2018 - 2030)

• Skin Biopsy
• Dermatoscopy
• Diagnostic Imaging
• Lymph Node Biopsy

U.S. & Canada Skin Cancer Dermatology Age Group Outlook (Revenue, USD Million, 2018 - 2030)

• 0-19
  • Male
  • Female
• 20-39
  • Male
  • Female
• 40-59
  • Male
  • Female
• 60-64
  • Male
  • Female
• 65-74
  • Male
  • Female
• 75-84
  • Male
  • Female
• 85 & above
  • Male
  • Female

U.S. & Canada Skin Cancer Dermatology Facility Type Outlook (Revenue, USD Million, 2018 - 2030)

• Stand Alone Practices
• Multispecialty Clinics
• Dermatology Group
• Hospital OPD
• Others

U.S. & Canada Skin Cancer Dermatology Country Outlook (Revenue, USD Million, 2018 - 2030)

• US.
• Canada

List Of Key Players Of U.S. & Canada Skin Cancer Dermatology Market

• Firefly
• SkinIO
• Canfield Scientific, Inc.
• FotoFinder Systems, Inc.
• 3Gen
• MetaOptima
• Agilent Technologies
• SkinVision
• Speclipse, Inc.
• Skin Analytics

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.

Textile Market is Expected to Enhance USD 1,420.3 Billion Revenue By 2030: Grand View Research Inc.

 Textile Market Growth & Trends

The global textile market size is anticipated to reach USD 1,420.3 billion by 2030, registering a CAGR of 4.0% over the forecast period, according to a new report by Grand View Research, Inc. The rising consumer awareness levels coupled with rapidly changing trends in the fashion industry are projected to drive market growth. The rise in the e-commerce platforms that support sales and distribution of different types of products manufactured by the textile industry is also expected to drive the demand for textile-related products, thereby augmenting the market growth. In addition, stringent regulations to ensure labor or worker safety in various application industries are propelling the demand for Personal Protective Equipment (PPE), which requires wool or treated cotton as a raw material.

This, in turn, will boost the market further. In addition, technological advancements and the employment of a large number of skilled and unskilled labor involved in the product manufacturing from materials, such as natural fibers, polyesters, nylon, and others, are acting as a growth driving factor for the global market. Furthermore, the increasing concerns regarding the environment are also fueling the demand for sustainable and natural fibers, such as cotton, hemp, linen, silk, and others, which, in turn, is adding growth prospects to the overall market. The cotton raw material segment is expected to grow at a significant CAGR, in terms of volume, over the forecast period. This growth can be attributed to the high production and availability of cotton across various prominent regions including North America, Europe, and Asia Pacific.

Request a free sample copy or view report summary: Textile Market Report

Textile Market Report Highlights

• In 2021, the fashion application segment accounted for the maximum revenue share and is likely to ascend at a significant CAGR during the forecast period
• Rapidly changing fashion trends coupled with the demand for high-quality apparel in sports activities is likely to boost the segment growth
• In 2021, Asia Pacific emerged as the largest regional market owing to the presence of large raw material-producing countries, such as China, India, Australia, and Japan
• In North America, the revenue for the natural fibers product segment stood at USD 54.8 billion in 2021 and is anticipated to gain a higher share in the coming years due to the rising demand from the fashion, sports, and apparel industries
• Prominent players in the market are establishing business units in the raw material-producing regions for easy procurement as well as low-cost labor
• Moreover, supportive government policies, such as trade agreements and investment within the countries, are expected to influence the market

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

Textile Market Segmentation

Grand View Research has segmented the global textile market on the basis of raw material, product, application, and region:

Textile Raw Material Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2030)

• Cotton
• Chemical
• Wool
• Silk
• Others

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

• Natural Fibers
• Polyester
• Nylon
• Others

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

• Household
  • Bedding
  • Kitchen
  • Upholstery
  • Towel
  • Others
• Technical
  • Construction
  • Transport
  • Medical
  • Protective
  • Others
• Fashion & Clothing
  • Apparel
  • Ties & Clothing accessories
  • Handbags
  • Others
• Others

Textile Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • Italy
  • UK.
  • Turkey
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
• Central & South America
  • Brazil
• Middle East & Africa (MEA)
  • Saudi Arabia
  • Iran

List of Key Players of Textile Market

• BSL Ltd.
• INVISTA Srl.
• Lu Thai Textile Co., Ltd.
• Paramount Textile Ltd.
• Paulo de Oliveira, S.A.
• Successori REDA S.p.A.
• Shadong Jining Ruyi Woolen Textile Co. Ltd.
• Sinopec Yizheng Chemical Fibre Company Ltd.
• China textiles Ltd.
• Rhodia SA
• Li & Fung Group
• Modern Woollens Ltd.
• Mayur Suitings
• JCT 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.