Non-destructive Testing Market: Precise Analysis on Business Overview, Product Scope And Ongoing Development 2030

 

Non-destructive Testing Market Growth & Trends

The global non-destructive testing market size is anticipated to reach USD 34.1 billion by 2030, registering a CAGR of 7.7% over the forecast period, according to a new report by Grand View Research, Inc. The market is anticipated to witness significant growth over the forecast period. The growth is ascribed to the increasing manufacturing in the developing as well as developed nations.

The use of non-destructive testing (NDT) helps detect the faults precisely, reducing the product/component failure probability as well as costs incurred in the repairs of the components. The use of NDT also speeds up the process of manufacturing as the possible faults are eliminated beforehand. The key factor expected to drive the growth of the market is the technological advancements in non-destructive testing methods. Improvements in the techniques have ensured deviation-free fault detection and have reduced the complexity involved in the testing procedures considerably.

The ultrasonic testing segment is expected to witness significant growth over the forecast period. This growth is ascribed to the ease of handling the equipment, availability of skilled technicians, and precise fault detection. The manufacturing segment is expected to deploy NDT techniques extensively over the forecast period owing to the increasing awareness regarding their use.

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Non-destructive Testing Market Report Highlights

• The market is expected to exhibit a CAGR of 7.7% over the next eight years owing to a rise in manufacturing-related activities globally

• The services segment accounted for the largest revenue share of over 75.0% in 2021. The high upfront cost of non-destructive equipment coupled with technical complexities involved in their deployment/installation is the major reason influencing end-users to outsource their non-destructive testing operations

• Rapid industrialization, especially in developing economies has significantly contributed to the growth of the market

• The ultrasonic testing segment is expected to witness a significant CAGR of 8.3% over the forecast period owing to the benefits such as ease of handling and precise results

• The automated ultrasonic testing (AUT) segment is expected to witness a significant CAGR of 10.5 % over the forecast period owing to the aggressive efforts being pursued by NDT equipment and service providers to devise innovative inspection technologies and serve their customers more efficiently

• The manufacturing vertical segment was the dominant segment in 2021 and is expected to witness a healthy CAGR of 9.0% over the forecast period owing to the increased manufacturing activities, primarily in Asia Pacific

• North America dominated the market in 2021 and accounted for the largest revenue share of more than 36.0%, owing to the extensive adoption of NDT techniques in the region

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Non-destructive Testing Market Segmentation

Grand View Research has segmented the global non-destructive testing market based on offering, test method, vertical, and region:

Non-destructive Testing Offering Outlook (Revenue, USD Million, 2017 - 2030)

• Services

• Equipment

Non-destructive Testing Test Methods Outlook (Revenue, USD Million, 2017 - 2030)

• Traditional NDT Method

  • Visual Testing

  • Magnetic Particle Testing

  • Liquid Penetrant Testing

  • Eddy Current Testing

  • Ultrasonic Testing

  • Radiographic Testing

• Digital/Advanced NDT Method

  • Digital Radiography (DR)

  • Phased Array Ultrasonic Testing (PAUT)

  • Pulsed Eddy Current (PEC)

  • Time-Of-Flight Diffraction (TOFD)

  • Alternating Current Field Measurement (ACFM)

  • Automated Ultrasonic Testing (AUT)

Non-destructive Testing Vertical Outlook (Revenue, USD Million, 2017 - 2030)

• Oil & Gas

• Manufacturing

• Aerospace and Defense

• Construction

• Automotive

• Power Generation

• Others

Non-destructive Testing Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

  • France

• Asia Pacific

  • China

  • India

  • Japan

• Latin America

  • Brazil

  • Mexico

• Middle East & Africa (MEA)

  • Saudi Arabia

  • South Africa

List of Key Players of the Non-destructive Testing Market

• Ashtead Technology

• Eddyfi

• Fischer Technologies Inc

• General Electric

• Nikon Corporation

• Mistras Group

• Olympus Corporation

• Sonatest

• Yxlon International

• Zetec, Inc

• MME Group

• TWI Ltd.

Lithium Market to Penetrate Untapped Regions During 2022 to 2030: Grand View Research Inc.

 

Lithium Market Growth & Trends

The global lithium market size is expected to reach USD 18.99 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 12.0% from 2022 to 2030. Rising investments in lithium mining and related technologies are projected to remain a key trend in the market. Lithium mining is witnessing rapid growth as its demand is accelerating owing to its application in batteries. The element is found in dry places that require thousands of liters of water for its mining. Considering the rising demand for elements and increasing usage of water required for its extraction, R&D is in place to find better alternative methods. For instance, in February 2020, funding of around USD 20 million by Bill Gates was provided to Lilac Solutions, a lithium mining technology firm located in the U.S.

According to the firm, its ion exchange technology is two times more efficient compared to the current mining process and requires a fraction of time. Lithium recycling is a complex process; however, with the rising penetration of Li-ion batteries, the demand may outpace supply. Therefore, researchers are focusing on extraction and recycling through various new technologies. Lithium compounds are extracted from batteries as per individual methods and stages. The stages are divided into pre-treatment and extraction stages; while extraction is again categorized into hydrometallurgy, pyrometallurgy, and electrochemical extraction. Despite the growing emphasis and development of different recycling technologies, less than 1% of lithium is recycled currently.

Over the last decade, the rise in usage of Li-ion battery storage has led to a decline in their prices by over 80%, leading to enhanced energy storage and paving the way for Electric Vehicles (EVs) to be commercially viable. Government regulations and subsidies are working on expanding clean energy; thus, energy storage systems represent a huge opportunity for investors. However, expensive raw materials required to produce energy storage systems may remain a critical factor for investors. As per the International Energy Agency, new companies in clean energy have attracted significant investments during the COVID-19 pandemic. Early-stage Venture Capital (VC) investments reduced slightly in the first half of 2020. However, these investments recovered quickly, with record investments from the third quarter of 2020.

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Lithium Market Report Highlights

• In terms of revenue, the hydroxide product segment is projected to register the fastest CAGR from 2022 to 2030. The rapid development of battery technologies is projected to remain a key driver for the segment

• Automotive was the largest application segment in 2021. The rising penetration of Electric Vehicles (EVs) along with stringent emission regulations by government bodies is the key focus area for market vendors

• The consumer electronics segment is projected to witness the highest CAGR over the forecast period, in terms of revenue, due to the high demand for electronic products, such as smartphones, tablets, laptops, wearables, portable speakers, and tablets

• Asia Pacific was the largest regional market in 2021, in terms of both volume and revenue. The growth of the region can be attributed to the heavy investments in lithium mining as well as lithium-ion battery technologies

• In terms of volume, Europe accounted for the second-largest market share in 2021. The growth of the region is attributable to the rising penetration of EVs and growing concerns about Greenhouse Gas (GHG) emissions

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Lithium Market Segmentation

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

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

• Carbonates

• Hydroxide

• Others

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

• Automotive

• Consumer Electronics

• Grid Storage

• Glass & Ceramics

• Others

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

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • France

• Asia Pacific

  • China

  • India

  • South Korea

  • Japan

• Central & South America

• Middle East & Africa

List of Key Players of Lithium Market

• Albemarle Corporation

• Ganfeng Lithium Co., Ltd.

• SQM S.A.

• Tianqi Lithium Corporation

• Livent Corporation

• Lithium Americas Corp.

• Pilbara Minerals

• Orocobre Limited Pty. Ltd.

• Mineral Resources

Healthcare Business Intelligence Market: Advanced Technologies and Growth Opportunities Worldwide By 2030

 

Healthcare Business Intelligence Market Growth & Trends

The global healthcare business intelligence market size is expected to reach USD 21.4 billion by 2030 and is expected to expand at a CAGR of 13.5% during the forecast period, according to a new report by Grand View Research, Inc. Increased adoption of data-driven decision making, penetration of cloud-based business intelligence (BI) solutions for the healthcare industry, increased focus to reduce spending, and the emergence of mobile-based BI solutions are the key factors contributing to the market growth. The growing requirement of business intelligence tools to reduce costs for operational performance, claims, and clinical analysis is another major factor positively impacting the market.

Factors, such as the constantly increasing volume of digital information and data sources, the complexity of data generated in healthcare organizations, coupled with the growing need for advanced business intelligence solutions to support decision-making are boosting the demand for business intelligence solutions and services. The massive amounts of unstructured and structured data generated by medical organizations and institutions are critical to managing, thus there is a huge demand for advanced healthcare BI software by hospitals and other medical organizations.

To gain insights about patient care and satisfaction, clinical operations, labor distribution, physician practices, and administration and management; hospitals and other medical facilities require data visualization and predictive modeling tools, which in turn is increasing demand for healthcare business intelligence software among these end-users. Increasing adoption of cloud-based BI software solutions coupled with the high dependency of healthcare on digital technology to operate functions of a complex healthcare system revenue cycle management, supply chain management, and performance management, is further boosting the adoption of BI software over the past years. For instance, KenSci Clinical Analytics is a platform designed by Microsoft to predict clinical and operational risks involved in a healthcare facility to improve health outcomes and reduce operational costs.

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Healthcare Business Intelligence Market Report Highlights

• The market for healthcare business intelligence market size is anticipated to be valued at USD 21.4 billion by 2030, owing to the increasing adoption of cloud BI tools and complex data generated in healthcare organizations in large volumes

• Software component segment dominated the in 2021 owing to its increased adoption by hospitals, health providers, payers, and life sciences manufacturers to manage their data and financial operations

• Cloud-based delivery mode dominated the market in 2021 due to the adoption of cloud-based business intelligence tools, such as Customer Relationship Management (CRM), and increased penetration of cloud computing among healthcare providers for managing the revenue cycle and enhancing patient care

• In 2021, the financial analysis application segment dominated the market due to the increased adoption of financial analytic software among the providers for the management of the revenue cycle

• Healthcare payers accounted for the largest market share in 2021 owing to increased healthcare costs coupled with the rising need to increase memberships and reduce fraudulent claims

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Healthcare Business Intelligence Market Segmentation

Grand View Research, Inc. has segmented the global healthcare business intelligence market based on the type of component, mode of delivery, application, deployment, end use, and region:

Healthcare Business Intelligence Component Outlook (Revenue, USD Million, 2016 - 2030)

• Software

• Services

Healthcare Business Intelligence Mode of Delivery Outlook (Revenue, USD Million, 2016 - 2030)

• On-premise

• Cloud-based

• Hybrid

Healthcare Business Intelligence Application Outlook (Revenue, USD Million, 2016 - 2030)

• Financial Analysis

• Claims Processing

• Revenue Cycle Management

• Payment Integrity and Fraud, Waste, & Abuse (FWA)

• Risk Adjustment and Risk Assessment

• Operational Analysis

• Supply Chain Analysis

• Workforce Analysis

• Strategic Analysis

• Clinical Analysis

• Quality Improvement and Clinical Benchmarking

• Clinical Decision Support

• Regulatory Reporting and Compliance

• Comparative Analytics/Effectiveness

• Precision Health

• Patient Care

Healthcare Business Intelligence Deployment Outlook (Revenue, USD Million, 2016 - 2030)

• Self-service BI

• Corporate BI

Healthcare Business Intelligence End-Use Outlook (Revenue, USD Million, 2016 - 2030)

• Payers

• Private Insurance Companies

• Government Agencies

• Employers and Private Exchanges

• Healthcare Providers

• Hospitals, Physician Practices, and IDNS

• Post-acute Care Organizations

• Ambulatory Care Settings

• Health Information Exchanges (HIEs)

• Accountable Care Organizations (ACOs)

• Managed Care Organizations (MCOs)

• Third-party Administrators (TPAs)

Healthcare Business Intelligence Regional Outlook (Revenue, USD Million, 2016 - 2030)

• North America

• U.S.

• Canada

• Europe

• Germany

• U.K.

• Spain

• Italy

• France

• Russia

• Asia Pacific

• Japan

• China

• India

• Singapore

• Australia

• South Korea

• Latin America

• Brazil

• Mexico

• Argentina

• MEA

• South Africa

• Saudi Arabia

• UAE

List of Key Players in the Healthcare Business Intelligence Market

• Microsoft

• Oracle Corporation

• SAP

• Tableau Software Inc.

• Perficient Inc.

• Tibco Software Inc.

• Infor Inc.

• Domo Inc.

• Sisense Inc.

• Panorama Software Inc

 

Goat Milk Products Market Poised to Expand at a Robust Pace of USD 17.90 Billion Over 2030: Grand View Research Inc.

 

Goat Milk Products Market Growth & Trends

The global goat milk products market size is anticipated to reach USD 17.90 billion by 2030, registering a CAGR of 4.6% over the forecast period, according to a new report by Grand View Research, Inc. The global market is predominantly driven by the increasing demand for goat milk in infant food and follow-on formula. In addition, goat milk is considered healthier than cow milk owing to its nutritional profile. According to Ausnutria Dairy Corporation Ltd., the demand for goat milk is increasing in infant foods and follow-on formula products application. This is on account of the easy digestibility of goat milk and its high nutritional quality. In addition, it contains all essential amino acids with a high Digestible Indispensable Amino Acid Score (DIAAS).

It also contains naturally higher nucleotide levels, which are important for cell metabolism, and has a high level of oligosaccharides, which are essential elements as they act as a prebiotic. All these benefits associated with goat milk are driving its demand among consumers and manufacturers. The prices of goat milk products were observed slightly high in some countries in 2020 owing to the disruption in the supply chain due to the outbreak of Coronavirus. As per the National Center for Biotechnology Information (NCBI), Asia Pacific is the largest producer and consumer of goat milk in the world. The market is developing in countries, such as New Zealand and China, which do not have a tradition of goat milk.

India remained the world’s largest producer of goat milk products. The lower-middle-class group in the country has the majority of goats and deliver milk to dairies. In 2019, the total goat milk production in India was recorded at around 5.4 million tons. India is the largest producer of goat milk in the world. The country alone accounts for approximately one-fourth of the global production. Europe is the second-largest market. Germany, Italy, and France are the major contributors to the Europe regional market. Germany is the largest importer and exporter of goat milk in the world. France is the largest producer and Italy is the largest consumer of goat milk in the region.

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Goat Milk Products Market Report Highlights

• The powdered product segment is expected to register the fastest CAGR over the forecast period

• The demand for powdered goat milk is increasing among both consumers and manufacturers mainly due to long shelf life, which played a key role during pandemic-induced lockdown

• The demand for powdered milk is increasing among infant formula manufacturers owing to its high nutritional value, low sugar, high beta-casein, and lower alpha S1-casein, which help in easy digestion

• The B2B segment is expected to witness the CAGR over the forecast period. This is due to the increasing demand for various goat milk products, such as chevre, butter, cheese, flavored milk, and yogurt among others

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Goat Milk Products Market Segmentation

Grand View Research has segmented the global goat milk products market on the basis of type, distribution channel, and region:

Goat Milk Products Type Outlook (Revenue, USD Million, 2017 - 2030)

• Liquid Milk

• Powdered Milk

Goat Milk Products Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• B2B

• B2C

  • Hypermarkets/Supermarkets

  • Convenience Stores

  • Specialty Stores

  • Online Retail

  • Others

Goat Milk Products Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • France

  • U.K.

  • Italy

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

• Central & South America

  • Brazil

  • Argentina

• Middle East & Africa

  • Saudi Arabia

  • South Africa

List of Key Players of Goat Milk Products Market

• Ausnutria Dairy Corporation Ltd.

• AVH Dairy Trade B.V.

• Goat Partners International

• Holle baby food AG

• Meyenberg

• Redwood Hill Farm & Creamery

• St Helen's Farm

• Stickney Hill Dairy Inc.

• Woolwich Dairy Inc.

• Xi'an Baiyue Goat Dairy Group Co. Ltd. (Baiyue)

Asia Pacific Digital Health Market Growth in the Coming Years

 

Asia Pacific Digital Health Market Growth & Trends

The Asia Pacific digital health market size is expected to reach USD 326.7 billion by 2030 and is expected to expand at a CAGR of 26.5% over the forecast period, according to a new report by Grand View Research, Inc. Growing chronic disease patient population, and favorable government initiatives to develop digital healthcare platforms are some of the major factors anticipated to drive the market growth over the forecast years. In addition, rapidly growing healthcare IT infrastructure and increasing demand for remote patient monitoring services are also expected to boost the market growth in the region. Moreover, the growing penetration of smartphones and the internet is supporting the market growth.

For instance, according to GSMA’s, The Mobile Economy Asia Pacific report, in 2021, 1.8 billion people will subscribe to mobile services by 2025, which is 62% of the total population of the region. The telehealthcare segment dominated the market in terms of revenue share in 2021 due to the increasing consumer-centric digital health ecosystems and rapid change towards the implementation of telehealthcare platforms for remote patient monitoring. The government-imposed lockdowns and restrictions on social movement have risen the adoption of telehealthcare services during the COVID-19 period in the region. The main services provided by telehealth includes specialist consultant services, prescribing drugs/pharmacy, and mental health.

Moreover, due to the lockdown and travel ban, many patients turned to remote treatment and diagnosis using telehealth platforms, which, in turn, is anticipated to drive the segment over the forecast periods. Based on components, the hardware segment dominated the market in 2021 owing to the rapid digitalization of healthcare institutions and the high adoption of hardware platforms, such as mobiles, tablets, computers, and wearables by patients. In addition, the increasing focus of hospitals on investing in digitalization to increase patient satisfaction and minimize error further supports the segment growth. However, the highest growth rate is anticipated from the software segment during forecast years owing to the rapid digitalization of healthcare facilities and increasing adoption of healthcare software & applications to improve patient engagement for health management.

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Asia Pacific Digital Health Market Report Highlights

• The rise in cases of coronavirus decreased the in-person health consultation and increased the demand for virtual health consultation

• This factor boosted the adoption of digital health during the COVID-19 pandemic. In addition, promotional activities are undertaken by the governments during the pandemic to use mobile applications for remote health management also propelled the market growth

• The continuous lockdown and shut down the impact and higher patient population coupled with the concerns regarding medical staff shortage also drove the adoption of virtual healthcare services, thereby accelerating the market growth

• Furthermore, a rise in developmental activities of medical and fitness apps by the manufacturers due to high consumer demand also boosted the market growth

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Asia Pacific Digital Health Market Segmentation

Grand View Research, Inc. has segmented the Asia Pacific digital health market on the basis of technology, component, and region:

APAC Digital Health Technology Outlook (Revenue, USD Million, 2016 - 2030)

• Tele-healthcare

  • Tele-care

    • Activity Monitoring

    • Remote Medication Management

  • Telehealth

    • LTC Monitoring

    • Video Consultation

• mHealth

  • Wearables

    • BP Monitors

    • Glucose Meters

    • Pulse Oximeters

    • Sleep Apnea Monitors

    • Neurological Monitors

    • Activity Trackers/ Actigraphs

  • mHealth Apps

    • Medical Apps

    • Fitness Apps

  • Services

    • mHealth Service, By Type

      • Monitoring Services

        • Independent Aging Solutions

        • Chronic Disease Management & Post-Acute Care Services

      • Diagnosis Services

      • Healthcare Systems Strengthening Services

      • Others

    • mHealth Services, By Participants

      • Mobile Operators

      • Device Vendors

      • Content Players

      • Healthcare Providers

• Healthcare Analytics

• Digital Health Systems

  • EHR

  • E-Prescribing Systems

APAC Digital Health Component Outlook (Revenue, USD Million, 2016 - 2030)

• Software

• Hardware

• Services

APAC Digital Health Regional Outlook (Revenue, USD Million, 2016 - 2030)

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Singapore

  • Australia

List of Key Players of Asia Pacific Digital Health Market

• Cerner Corp.

• Allscripts

• Apple, Inc.

• Telefonica S.A.

• McKesson Corp.

• Epic Systems Corp.

• QSI Management, LLC

• AT&T

• Vodafone Group

• Airstrip Technologies

• Google, Inc

• Samsung Electronics Co. Ltd

• HiMS

• Orange

• Softserve

• Qualcomm Technologies, Inc.

• MQure

• Computer Programs and Systems, Inc.

• Vocera Communications

• IBM Corp.

• Cisco Systems, Inc.

Product Lifecycle Management Market to Reap Excessive Revenues By 2030

 

Product Lifecycle Management Market Growth & Trends

The global product lifecycle management market size is expected to reach USD 54.36 billion by 2030, registering a CAGR of 8.6% from 2022 to 2030, according to a new report by Grand View Research, Inc. Product lifecycle management is gradually advancing and witnessing continuous developments in the form of improved software capabilities. In addition to this, the demand for robust data analytics software platforms is also increasing and has been augmented by the evolution of core technologies such as blockchain, artificial intelligence, machine learning. Furthermore, the emergence of smart products and factories by small-scale enterprises is expected to open new avenues for the market players. These smart products have complex functionalities in terms of connectivity, security compliances, and others. Hence, the increasing demand for connected devices is anticipated to drive the growth of the product lifecycle management market over the forecast period.

Over the past few years, the product lifecycle management market has been witnessing several new developments, particularly in the end-use sectors to increase transparency in supply chain & manufacturing processes. Product lifecycle management software has the potential to offer improved supply chain accuracy, lower lead times, and increase sales. For instance, in June 2021, Accenture, an Ireland-based company that provided professional services, acquired DI Square, a Japan-based IT company specialized in data analytics software, for firm’s consulting for product lifecycle management (PLM) and application lifecycle management (ALM) systems integration. This acquisition of DI Square will increase Accenture’s engineering expertise for the automotive and other manufacturing clients in Japan and other markets.

The growing need for the latest IT technologies, such as cloud computing, Artificial Intelligence (AI), big data, and communication technologies, such as 5G, is expected to open new opportunities for the adoption of product lifecycle management solutions in various end-use industries. Several large enterprises are already pursuing a cloud-first strategy for deploying their enterprise software and other systems. It has led to the amalgamation of interconnected devices, robots, and a quick knowledge network within a factory environment. Moreover, the PLM cloud deployments are mostly focused on non-conventional industries and small and medium enterprises. It allows the manufacturers to consolidate information about product development, streamline or change orders and requests, and improve communication with the suppliers. In addition to this, the increasing specialization in customer experience, rapid implementation times, and deeper integration capabilities are propelling the growth of the market over the forecast period.

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Product Lifecycle Management Market Report Highlights

• The design and engineering management segment accounted for a significant market share of over 30% in 2021. The design and engineering PLM software is extensively used by the manufacturing sector to manage designing, development, and engineering processes for continuous industrial digitization. For instance, Dassault Systèmes use CATIA, an engineering and design leading software for product, which is used to design, simulate, analyze, and manufacture products in various industries including aerospace, automotive, consumer goods, and industrial machinery

• The cloud segment is expected to register a significant CAGR of 9.0% over the forecast period. The segment growth can be attributed to an increase in demand for customer management, integration into Enterprise Resource Planning (ERP) system, IoT, and managing re-engineering in real-time

• The automotive and transportation segment is expected to register a significant CAGR of 7.7% from 2022 to 2030. The increasing use of digital manufacturing and the rising integration of IoT in producing autonomous cars is one of the key trends expected to drive the automotive and transportation market during the forecast period

• North America is expected to reach USD 17.97 billion by 2030. The region is expected to continue dominating the market over the forecast period in line with the aggressive adoption of next-generation technologies, such as IoT, additive manufacturing, augmented reality, and telecommunications technologies, such as LTE and 5G

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Product Lifecycle Management Market Segmentation

Grand View Research has segmented the global product lifecycle management market based on software, deployment, end use, and region:

Product Lifecycle Management Software Outlook (Revenue, USD Million, 2017 - 2030)

• Portfolio Management

• Design & Engineering Management

• Quality & Compliance Management

• Simulation, Testing, & Change Management

• Manufacturing Operations Management

• Others

Product Lifecycle Management Deployment Outlook (Revenue, USD Million, 2017 - 2030)

• On-premise

• Cloud

Product Lifecycle Management End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Aerospace & Defense

• Automotive & Transportation

• Healthcare

• IT & Telecom

• Industrial Equipment & Heavy Machinery

• Retail

• Semiconductor & Electronics

• Others

Product Lifecycle Management Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

• Asia Pacific

  • China

  • India

  • Japan

• Latin America

  • Brazil

  • Mexico

• Middle East & Africa (MEA)

List of Key Players in the Product Lifecycle Management Market

• ANSYS, Inc.

• Aras Corporation

• Arena Solutions, Inc.

• Oracle Corporation

• SAP SE

• AUTODESK, INC.

• Siemens AG

• PTC Inc.

• Dassault Systèmes

• Synopsys Inc.

Europe Calcium Carbonate Market Top Players ,Analysis And Forecast Till 2030: Grand View Research Inc.

 

Europe Calcium Carbonate Market Growth & Trends

The Europe calcium carbonate market size is anticipated to reach USD 14.1 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.6% from 2022 to 2030. The market is predominantly driven by the increasing product utilization in several applications such as paper, plastics, and concrete manufacturing. Calcium carbonate is widely used in industrial fillers due to superior properties such as special white color, light scattering and high brightness and inexpensiveness as compared to wood flour or sawdust. This, in turn, is expected to fuel market growth over the forecast period.

Growing demand from the rubber industry for nano calcium carbonate as an effective and cheap substitute to carbon black, owing to its superior chemical properties, is expected to propel the demand. Moreover, the rising requirement of upgrading the infrastructure in the region is expected to increase the demand for calcium carbonate in Europe owing to its surged usage in paint, coating, adhesive, and sealant industries. Growing application of ground calcium carbonate in other end-use applications such as rubber and elastomers, animal and pet feeds, plastic and composites, paints and surface coatings, carpet backing, household products, construction, food and pharmaceutical, glass and ceramics, construction (asphalt, plasters, concrete), fertilizers, and agriculture liming is expected to trigger product growth in the near future.

PCC offers improved opacity and gloss compared to GCC. It is also used as an alternative to additives and wood pulp for manufacturing high-quality paperboard and paper as it is a cost-effective mineral. In Europe, the market is characterized by the presence of various domestic and global players, such as Imerys, Omya AG, Carmeuse, Lhoist, CALCIT doo, and Nordkalk Corporation among others. Key manufacturers are engaging in mergers, acquisitions, and collaborations to expand their geographical footprint in the market. Growing competition in terms of product development is likely to pave way for more opportunities in the end-use application industry such as water treatment, plastics, and paper across the region.

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Europe Calcium Carbonate Market Report Highlights

• The GCC segment accounted for revenue share of more than 83.0% in 2021 owing to its high brightness and affordable cost. The product is used in dietary supplements to maintain the strength of muscles, bones, heart, and nervous system which is driving the market

• The industrial fillers segment dominated the application segment and is expected to witness a CAGR of 3.6% over the forecast period as it improves thermal conductivity, energy savings, offers higher output, a faster conversion rate, and reduces shrinkage and warping. Furthermore, the environmental benefits associated with the product in the production of plastics are to propel the demand for the segment over the coming years

• In France, the market is expected to witness the fastest CAGR of 5.9% from 2022 to 2030 in terms of revenue, on account of the favorable government policies and increasing foreign investment are expected to drive the market. Moreover, the rising household income is favoring the growth of the construction sector, which is anticipated to trigger calcium carbonate consumption over the forecast period

• The key market players are adopting various strategies including acquisitions, mergers, geographical expansion, and product portfolio expansion to enhance their market position and to increase their customer base. For instance, in In April 2020, Imerys transformed its calcium carbonate to support the rubber glove manufacturers. This step was taken to meet the unprecedented demand for medical gloves due to the COVID-19 outbreak 

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Europe Calcium Carbonate Market Segmentation

Grand View Research has segmented the Europe calcium carbonate market on the basis of product, application, and region:

Europe Calcium Carbonate Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• GCC

• PCC

Europe Calcium Carbonate Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Industrial Fillers

• Rock Dust

• Water Treatment

• Citric Acid Production

• Others

Europe Calcium Carbonate Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Europe

  • Germany

  • U.K.

  • France

  • Italy

  • Spain

  • Russia

  • Norway

  • Denmark

  • Sweden

  • Finland

List of Key Players of Europe Calcium Carbonate Market

• Imerys

• Omya AG

• SIBELCO

• ACCM

• Nordkalk Corporation

• Carmeuse

• euroMinerals GmbH

• CALCIT doo

• Lhoist

• Provencale SA

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. Digital Health Market Is Expected To Accomplish A Valuation Of Around USD 549.1 Billion By 2030: Grand View Research Inc.

 U.S. Digital Health Market Growth & Trends

The U.S. digital health market size is expected to reach USD 549.1 billion by 2030, registering a CAGR of 26.9% over the forecast period, according to a new report by Grand View Research, Inc. The improvement in internet coverage facilities and innovation of smartphones is anticipated to drive the digitalization of healthcare organizations. The growing awareness regarding maintaining a healthy lifestyle is also driving the adoption of mHealth apps among consumers. The favorable technology-friendly consumer base looking forward to accessing healthcare and medical assistance through digital health solutions and the improved healthcare IT infrastructure in the U.S are expected to accelerate the market growth over the coming years.

The high adoption of digital health platforms by the service providers to actively engage their patients and improve quality of care by easily accessing patient information is supporting the market growth. The COVID-19 pandemic has also exposed the care gaps of the existing treatment process, which, in turn, is driving the adoption of virtual and digital healthcare solutions. The telehealthcare technology segment dominated the market in 2021 owing to the growing adoption of digital communication technologies, such as mHealth, telehealth, and telecare platforms. The increasing preference for remote patient monitoring services due to the emergence of the COVID-19 pandemic also accelerated the market growth in the U.S.

In addition, the shortage of medical professionals and increasing preference for remote patient engagement by the healthcare providers using telehealth platforms will support the segment growth. Moreover, the preference of the hospitals to connect with patients using telehealth platforms and improve provider-patient interactions to offer quality healthcare services accelerates the segment growth. The services component segment dominated the market in 2021owing to the high adoption of digital healthcare platforms coupled with the demand for installation, maintenance, and training & development services. However, the software segment is anticipated to record the fastest CAGR over the forecast period.

This is attributed to the rapid adoption of healthcare software solutions to streamline workflows, reduce healthcare expenses & costs, and eliminate data siloes. The growing burden of the COVID-19 pandemic and the government-imposed shutdown and lockdowns created multiple challenges for the normal functioning of healthcare systems in the country. The decline in face-to-face health consultation due to the fear of virus transmission, in turn, increased the demand for virtual consultations. In addition, the improved healthcare IT platforms in the country also supported better patient-provider engagement and remote patient monitoring services. The high internet penetration further boosted the adoption of telehealth platforms and mHealth applications, which drove the market growth during the COVID-19 pandemic.

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U.S. Digital Health Market Report Highlights

• The telehealthcare technology segment led the overall market in 2021 due to the high adoption of digital communication technologies, such as mHealth, telehealth, and telecare platforms
• The services component segment accounted for the maximum revenue share in 2021 due to the increased adoption of digital healthcare platforms coupled with the high demand for installation, maintenance, and training & development services
• Key market players use various strategies, such as providing free teleconsultation services, to increase their market penetration
• For instance, service providers, such as CareClix, Callondoc, Galileo Health, Health Tap, K Health, etc. are now offering free live, virtual healthcare visits for patients with COVID-19 symptoms

Access Press Release@ https://www.grandviewresearch.com/press-release/us-digital-health-market-analysis

U.S. Digital Health Market Segmentation

Grand View Research, Inc. has segmented the U.S. digital health market based on technology and component:

U.S. Digital Health Technology Outlook (Revenue, USD Million, 2016 - 2030)

• Tele-healthcare
  • Telecare
    • Activity Monitoring
    • Remote Medication Monitoring
  • Telehealth
    • LTC Monitoring
    • Video Consultation
  • mHealth
    • Wearables
      • BP Monitors
      • Glucose Meter
      • Pulse Oximeter
      • Sleep Apnea Monitor
      • Neurological Monitors
      • Activity Trackers/Actigraphs
    • mHealth Apps
      • Medical Apps
      • Fitness Apps
    • Services
      • Types of Services
        • Monitoring Services
          • Independent Aging Solutions
          • Chronic Disease Management and Post-Acute Services
        • Diagnosis Services
        • Healthcare Systems Strengthening Services
        • Others
      • Types of Participants
        • Mobile Operators
        • Device Vendors
        • Content Players
        • Healthcare Providers
      • Healthcare Analytics
      • Digital Health Systems
        • Electronic Health Records (EHR)
        • E-Prescription

U.S. Digital Health Component Mode Outlook (Revenue, USD Million, 2016 - 2030)

• Hardware
• Software
• Services

List of Key Players of U.S. Digital Health Market

• Apple, Inc.
• AT&T
• Airstrip Technologies
• Allscripts
• Google, Inc.
• Orange
• Qualcomm Technologies, Inc.
• Softserve
• MQure
• Samsung Electronics Co. Ltd.
• Telefonica S.A.
• Vodafone Group
• Cerner Corp.
• McKesson Corp.
• Epic Systems Corp.
• NextGen Healthcare, Inc
• Greenway Health LLC
• CureMD Healthcare
• HIMS
• Computer Programs and Systems, Inc.
• Vocera Communications
• IBM Corp.
• Siemens Healthcare GmbH
• Cisco Systems, 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.

U.S. Healthcare Discount Plan Market Expected to Collect USD 3.8 Billion by the End of 2030: Grand View Research Inc.

 U.S. Healthcare Discount Plan Market Growth & Trends

The U.S. healthcare discount plan market size is expected to reach USD 3.8 billion by 2030, registering a CAGR of 10.2% over the forecast period, according to a new report by Grand View Research, Inc. Growing chronic diseases burden, increasing health expenses, and rising out-of-pocket expenditures are boosting the demand for health/medical discount plans offering affordable treatment solutions. Market players are focusing on increasing investments, innovating products & services, collaborating & partnering with other players to deliver affordable and accessible treatment solutions. Furthermore, the growing demand for enhanced treatment quality and improved patient experience, which would drive clinical outcomes & coordinate patient care is further boosting the adoption of health/medical discount plans.

For instance, United Healthcare, in June 2019, launched UnitedHealthcare Hearing, an innovative service provider offering affordable, quality hearing solutions. Moreover, as a part of their public awareness campaign, United Healthcare donated 20,000 reusable silicone plugs to police departments and fire departments across the country. The growing presence of Discount Medical Plan Organizations (DMPOs) providing affordable medical plans for a wide array of services is expected to drive the market. A rise in demand for affordable dental care, vision care, hearing aids, prescription drugs, and chiropractic care for individuals as well as groups who lack insurance coverage is expected to drive the demand further and promote the development & growth of the market. The growing prevalence of chronic ailments and increasing health-consciousness are driving the need for hassle-free, affordable treatment solutions.

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U.S. Healthcare Discount Plan Market Report Highlights

• The other services segment dominated the market in 2021 owing to the growing demand for advanced discount plans amalgamated with additional benefits covering diagnostics, diabetic supplies, laboratory tests, and endoscopies
• The virtual visits services segment is anticipated to register the fastest growth rate over the forecast years
• This growth can be attributed to the increasing availability of telemedicine services, such as online consultation, and 24/7 access to care professionals
• The dental care services segment accounted for the second-largest share of the overall revenue in 2021

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U.S. Healthcare Discount Plan Market Segmentation

Grand View Research has segmented the U.S. healthcare discount plan market based on service:

U.S. Healthcare Discount Plan Service Outlook (Revenue, USD Million, 2016 - 2030)

• Health Advocate
• Virtual Visits
• Alternative Medicines
• Prescription Drugs
• Dental Care
• Vision Care
• Hearing Aids
• Chiropractic Care
• Nurse Services
• Vitamins & Supplements
• Wellness Plans
• Podiatry Plans
• Others

List of Key Players of the U.S. Healthcare Discount Plan Market

Discount Medical Plan Organizations (DMPOs)

• New Benefits, Ltd.
• Access One Consumer Health, Inc.
• CARRINGTON International Corporation
• Ameriplan
• Coverdell
• Alliance Healthcard of Florida, Inc.

Marketer

• United Health Group
• American Dental Care Partners, Inc.
• Blue Cross and Blue Shield Association
• com, Inc.
• Sam’s West, Inc.
• Humana, Inc.
• Cigna
• Freshbenies
• Discounts by Design
• Xpress Healthcare

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 U.S. Hospital Facilities Market will Grow During 2022– 2030: Grand View Research Inc.

 U.S. Hospital Facilities Market Growth & Trends

The U.S. hospital facilities market size is expected to reach USD 2,540.4 billion by 2030 and is expected to expand at a CAGR of 7.62% over the forecast period, according to a new report by Grand View Research, Inc. According to the American Hospital Association (AHA), there were more than 36.2 million patients admitted to U.S. hospitals, in 2021. Hospital services include a broad range of medical offerings, ranging from essential health care to training & research for major medical school centers to services developed by an industry-owned network of institutions, such as Health Maintenance Organizations (HMOs). According to the CDC, in 2018, around 130 million people visited emergency departments, out of which, 12.4% of the visits resulted in hospital admission.

Hospitals provide treatment for a variety of indications, including neurology, cardiology, infectious disorders, gastrointestinal diseases, and psychiatric disorders. The rising prevalence of these illnesses is contributing to the high frequency of visits. Moreover, as the elderly population frequently requires emergency care, the growing geriatric population in the U.S. is contributing to a rise in the number of medical visits, thereby driving the market growth. The COVID-19 pandemic adversely impacted the U.S. healthcare system. Healthcare facilities across the U.S. were facing both financial and organizational difficulties. One of the major steps taken by the hospitals at the start of the pandemic was to delay the elective procedures that culminated in the hospital’s monumental monetary losses.

According to the AHA, COVID-19 Financial Impact Report Estimates, due to canceled services during the pandemic, non-federal hospitals lost around USD 161.4 billion in income during the four-month period from March 2020 to June 2020. Furthermore, for COVID-19 hospitalizations, between March 2020 and June 2020, the country’s hospitals and health systems collectively lost around USD 36.6 billion, including payments for COVID-19 patients. The aforementioned factors negatively impacted the market. The cardiovascular service type segment dominated the market in 2021 due to changing & sedentary lifestyles and the increased geriatric & obese population.

According to HCUP, heart failure is the second leading cause of hospital admission, with around 4.1% of the total inpatient stays in 2018. The acute care segment is anticipated to register the fastest CAGR from 2022 to 2030. A high number of inpatient admissions during flu season in the U.S. is likely to fuel the segment growth. For instance, according to HCUP, nearly 1.5 million influenza-related inpatient stays were recorded during flu season in 2016. As per the CDC, during the 2019 flu season, there were a total of 16.1 million medical visits. Mergers, acquisitions, and partnerships are some of the key strategies undertaken by market players. For instance, in February 2021, Northwestern Medicine Kishwaukee Hospital partnered with Lurie Children’s for the Pediatric Emergency Medicine telemedicine program.

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U.S. Hospital Facilities Market Report Highlights

• The public/community hospitals segment led for the market in 2021. According to the AHA, the number of non-government not-for-profit community hospitals increased from 2,937 in 2020 to 2,946 in 2021
• A rise in the number of patient admissions and funding received from business groups are factors projected to fuel the segment growth
• The outpatient services segment led the market in 2021 due to increased efforts to shift care to outpatient settings with minimally invasive procedures and diagnostics
• The adoption of AI by healthcare facilities to improve care is expected to create new growth opportunities
• For instance, in January 2017, Mayo Clinic’s Center for Individualized Medicine collaborated with Tempus, a startup focusing on the development of personalized cancer care by using a machine learning platform

Access Press Release@ https://www.grandviewresearch.com/press-release/us-hospital-facilities-market-analysis

U.S. Hospital Facilities Market Segmentation

Grand View Research has segmented the U.S. hospital facilities market on the basis of patient service, facility type, service type, bed size, and region:

U.S. Hospital Facilities Patient Service Outlook (Revenue, USD Billion, 2017 - 2030)

• Inpatient Services
• Outpatient Services

U.S. Hospital Facilities Type Outlook (Revenue, USD Billion, 2017 - 2030)

• Private Hospitals
• State-owned & Federal Hospitals
• Public/Community Hospitals

U.S. Hospital Facilities Service Type Outlook (Revenue, USD Billion, 2017 - 2030)

• Acute Care
• Cardiovascular
• Cancer Care
• Neurorehabilitation & Psychiatry Services
• Pathology Lab, Diagnostics, and Imaging
• Obstetrics & Gynecology
• Others

U.S. Hospital Facilities Bed Size Outlook (Revenue, USD Billion, 2017 - 2030)

• 0-99
• 100-199
• 200-299
• 300-more

U.S. Hospital Facilities Region Outlook (Revenue, USD Billion, 2017 - 2030)

• Northeast
• Southeast
• Southwest
• Midwest
• West

List of Key Players of U.S. Hospital Facilities Market

• The Johns Hopkins Hospital
• Mayo Clinic
• Cleveland Clinic
• Cedars Sinai
• Massachusetts General Hospital
• UCSF Health
• NewYork-Presbyterian Hospital
• Brigham And Women's Hospital
• Ronald Regan UCLA Medical Center
• Northwestern Memorial Hospital

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.