Wednesday, 8 February 2023

Transthyretin Amyloidosis Treatment Market To Make Great Impact In The Near Future by 2030: Grand View Research Inc.

 Transthyretin Amyloidosis Treatment Market Growth & Trends

The global transthyretin amyloidosis treatment market size is expected to reach USD 9.17 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.6% from 2022 to 2030. The transthyretin amyloidosis treatment market is mainly driven by the presence of supportive reimbursement programs and the growing African American population. The increasing African American population acted as a catalyst for the industry growth throughout the period owing to the high susceptibility to ATTR amyloidosis. The Val122Ile is the most prevalent mutation worldwide that leads to cardiomyopathy among the population specific to aged 65 years and above. Furthermore, this Val122Ile mutation is present in 3% to 4% of the African American population worldwide.

An increase in research activities for the development of novel diagnostic techniques and multidisciplinary therapeutic approaches is expected to lead to an increased survival rate and a more favorable prognosis of transthyretin amyloidosis. For instance, in November 2019, the Amyloidosis Research Consortium developed a disease-specific patient-reported outcome (PRO) tool to understand and measure the impact of transthyretin amyloidosis from the patient perspective. An introduction of such a tool will boost the research in developing a new target-specific drug by understanding disease complexity and patients’ need, thereby widening the opportunity in the transthyretin amyloidosis treatment market.

Strategic initiatives undertaken by major players such as creating awareness regarding the target conditions such as ATTR and the long-term benefits of available therapies are expected to fuel industry growth. For instance, in 2019, Pfizer, Inc., in collaboration with the World Heart Federation, started the “Heart Hero” campaign. Under this campaign, Pfizer, Inc. provides educational information and resources related to ATTR-CM to patients and physicians. Such campaigns are expected to boost the early diagnosis of the disease and increase the treatment rate over time.

The movement undertaken by key players to provide free-of-cost medicine under their CSR activities is also projected to fuel market growth. For instance, the Pfizer Patient Assistance Program provides Pfizer medicines such as VYNDAMAX free of cost to eligible patients. People diagnosed with amyloidosis can take advantage of such programs by enrolling at the Vandalink platform. Such programs are expected to encourage physicians to prescribe this drug to a patient as drug therapy in transthyretin amyloidosis patients.

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Transthyretin Amyloidosis Treatment Market Report Highlights

  • By type, the ATTR-CM accounted for a leading share in 2021 owing to the high prevalence of the disease and the rising geriatric population. The ATTR-PN is expected to exhibit the fastest growth rate throughout the forecast period. The segment growth is attributed to the presence of a strong pipeline
  • By therapy, the targeted therapy segment grabbed a dominant share in 2021 owing to the worldwide approval of the therapies and the growing prescription rate for the treatment of ATTR-CM
  • By disease type, the hereditary transthyretin amyloidosis segment dominated the market in 2021 owing to growing strategic alliances among various pharmaceutical companies aiming toward drug development along with growing pipeline drugs
  • By distribution channel, the hospital pharmacies captured the largest share in 2021 as most of the hospitals are working toward the diagnosis, research, and treatment of transthyretin amyloidosis
  • North America region held the largest share in 2021 owing to the increasing novel drug prescription, proper reimbursement policies, and higher treatment rates in the region
  • The MEA region is expected to exhibit the fastest growth rate throughout the forecast period. The segment growth is attributed to the increasing incidence of ATTR amyloidosis 

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

Transthyretin Amyloidosis Treatment Market Segmentation

Grand View Research has segmented the global transthyretin amyloidosis treatment market based on type, therapy, disease type, distribution channel, and region:

Transthyretin Amyloidosis Treatment Type Outlook (Revenue, USD Million, 2018 - 2030)

  • ATTR-PN
  • ATTR-CM

Transthyretin Amyloidosis Treatment Therapy Outlook (Revenue, USD Million, 2018 - 2030)

  • Targeted Therapy
    • Onpattro
    • Inotersen
    • Vyndaqel/Vyndamax
  • Supportive Therapy
  • Pipeline Therapy

Transthyretin Amyloidosis Treatment Disease Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Hereditary Transthyretin Amyloidosis
    • Polyneuropathy
    • Cardiomyopathy
    • Mixed Type
  • Wild Type Amyloidosis

Transthyretin Amyloidosis Treatment Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Hospital Pharmacies
  • Specialty Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

Transthyretin Amyloidosis Treatment Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of the Transthyretin Amyloidosis Treatment Market

  • Pfizer Inc.
  • Johnson & Johnson Services, Inc.
  • Ionis Pharmaceuticals, Inc.
  • Alnylam Pharmaceuticals, Inc.
  • BridgeBio Pharma, Inc.
  • Bristol-Myers Squibb Company
  • Acrotech Biopharma
  • AstraZeneca
  • Astellas Pharma, Inc.
  • Prothena
  • SOM Biotech

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.

Cleaning Robot Market Set to Witness an Uptick during 2022 to 2030: Grand View Research Inc.

 Cleaning Robot Market Growth & Trends

The global cleaning robot market size is expected to reach USD 20.97 billion by 2030 and is projected to grow at a CAGR of 22.3%, according to a new report by Grand View Research, Inc. The considerable market growth can be ascribed to the rising prominence of robotics technology for cleaning purposes in residential as well as commercial spaces. Moreover, the penetration of advanced technologies such as Artificial Intelligence (AI), deep learning, and Virtual Reality (VR) is also playing a key role in the industry expansion.

Vacuum robots have gained a wide reception in the past few years due to the increasing consumer inclination toward smart gadgets and continuous improvement in software and hardware technology. For instance, in June 2021, Samsung launched Jet Bot AI+, its new robot vacuum cleaner for optimizing home cleaning routines. The new AI-based solution comes with cutting-edge object detection and recognition technologies that help consumers clean their homes efficiently and intelligently with greater convenience and personalization.

Besides the ongoing technological advancements, the market players are emphasizing forming strategic alliances with the manufacturers of virtual assistant systems to enhance the performance of vacuum machines. For instance, ECOVACS partnered with Amazon.com, to make Ecovacs DEEBOT N79S compatible with Amazon Alexa.

The cleaning robots market is expected to witness significant growth in Europe over the forecast period with the increasing demand for robotic vacuums in several sectors, including automotive, healthcare, logistics and transportation, and retail. The growing popularity of Robot as a Service (RaaS), as a part of which, various companies such as Avidbots provide rental cleaning services is favoring the regional market growth further.

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Cleaning Robot Market Report Highlights 

  • The floor cleaning robots segment is estimated to record a CAGR of over 21.0% from 2022 to 2030 with the increasing adoption in commercial and residential spaces
  • The in-house segment is anticipated to record nearly USD 12. 0 billion in revenue by 2030 on account of increasing labor charges for household cleaning and growing consumer inclination toward automated home appliances
  • The automatic charging segment held the largest revenue share of around 63.0% in 2021 and is expected to grow significantly over the forecast period owing to increasing residential application of robotic vacuums
  • The commercial segment is estimated to record a CAGR of more than 22.0% from 2022 to 2030 with increasing product adoption in commercial spaces, such as hotels, shopping malls, and movie theatres
  • The increased adoption of Radio Frequency Identification (RFID) technology in autonomous vacuums is driving the growth of self-drive robots

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

Cleaning Robot Market Segmentation

Grand View Research has segmented the global cleaning robot market based on type, product, charging type, operation mode, distribution channel, end-use, and region:

Cleaning Robot Type Outlook (Volume, Thousand Units; Revenue, USD Billion, 2018 - 2030)

  • Floor-cleaning Robot
  • Pool-cleaning Robot
  • Window-cleaning Robot
  • Lawn-cleaning Robot
  • Others

Cleaning Robot Product Outlook (Volume, Thousand Units; Revenue, USD Billion, 2018 - 2030)

  • In-house
  • Outdoor

Cleaning Robot Charging Type Outlook (Volume, Thousand Units; Revenue, USD Billion, 2018 - 2030)

  • Automatic Charging
  • Manual Charging

Cleaning Robot Operation Mode Outlook (Volume, Thousand Units; Revenue, USD Billion, 2018 - 2030)

  • Self-drive
  • Remote Control

Cleaning Robot Distribution Channel Outlook (Volume, Thousand Units; Revenue, USD Billion, 2018 - 2030)

  • Online
  • Offline

Cleaning Robot End-use Outlook (Volume, Thousand Units; Revenue, USD Billion, 2018 - 2030)

  • Residential
  • Commercial
  • Industrial

Cleaning Robot Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Cleaning Robot Market

  • Ecovacs Robotics, Inc.
  • ILIFE Robotics Technology
  • iRobot Corporation
  • LG Electronics
  • Maytronics
  • Milagrow Business & Knowledge Solutions (Pvt.) Limited
  • Neato Robotics, Inc
  • Nilfisk Group
  • Pentair plc.
  • Samsung

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.

Iron And Steel Market Strong Application and Emerging Trends also Scope by 2030: Grand View Research Inc.

 Iron And Steel Market Growth & Trends

The global iron and steel market size is expected to reach USD 2,405.29 billion by 2030, according to a new report by Grand View Research, Inc, expanding at a CAGR of 5.1% from 2022 to 2030. Rising construction spending at a moderate pace and investment in smart cities is projected to fuel the industry growth.

Saudi Arabia’s NEOM megacity project is a part of its Vision 2030 plan to divest from an oil-based economy. In January 2021, the government announced plans to invest USD 200 billion to build “The Line”, a smart city within the NEOM premises. It is projected to have the ability to house a million residents. This project is viewed to be one of the largest drivers of steel in the Middle Eastern construction industry. Thus, rising investments in the construction of megacities are expected to boost the growth of the market further over the forecast period.

Rising investments for the development of smart cities are projected to further drive the market over the forecast period. For instance, the government of India has launched a Smart Cities Mission for the development of 100 smart cities in the country by 2023. The mission includes the improvement, renewal, and extension of cities in the country. The government has allocated USD 868.0 million for the mission in its 2021-22 budget. As of March 2021, the total fund allocated for the mission stood at USD 27.60 billion.

Aluminum is preferred for manufacturing electric vehicles due to its lightweight and strength. The lightweight aluminum helps reduce fuel consumption by vehicles, leading to low carbon emissions. Thus, aluminum is largely being used in electric vehicles as an alternative to steel. The rising usage of aluminum as a substitute for steel in electric vehicles is expected to adversely impact the growth of the global market over the forecast period.

An increase in the prices of scrap led to rise in the price of steel in the recent past. According to the Metal Bulletin, the price of steel scrap was USD 212 per gross ton in July 2020, and it increased to USD 464 per gross ton in July 2021. The price rise was due to decreased scrap generation and collection owing to the lockdown in 2020 and lowered economic activity. The sudden increase in economic activities and recommencement of steel production pushed the demand for steel scrap, which raised the price further.

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Iron And Steel Market Report Highlights

  • Based on application, building and construction emerged as the largest application segment with a revenue share of over 45.0% in 2021. This trend is expected to continue over the forecast period on account of a moderate rise in construction activities and huge investments in infrastructure applications
  • The consumer goods segment is expected to emerge as the fastest-growing application segment from 2022 to 2030. Rising investment for the expansion of consumer goods production is expected to propel the segment growth in the long run
  • In 2021, Asia Pacific held the largest volume share of over 70.0%. Industrial expansion in India and China and moderate construction activities are expected to fuel the industry growth in the region
  • The market is highly competitive and is also characterized by a large number of mergers & acquisitions across the industry. The players in China are likely to maintain healthy growth on account of low-cost production and labor availability

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

Iron And Steel Market Segmentation

Grand View Research has segmented the global iron and steel market on the basis of application and region:

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

  • Building & Construction
  • Automotive & Transportation
  • Heavy Industry
  • Consumer Goods
  • Others

Iron & Steel Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Iron And Steel Market

  • ArcelorMittal
  • China BaoWu Steel Group Corporation Limited
  • Nippon Steel Corporation
  • HBIS Group
  • Jiangsu Shagang Group
  • POSCO HOLDINGS INC.
  • Tata Steel
  • JFE Steel Corporation
  • Shougang Group
  • Nucor Corporation
  • JSW
  • SAIL
  • NLMK
  • Techint Group
  • S. Steel 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.

Tuesday, 7 February 2023

High Purity Pig Iron Market Trends, Company Share, Industry Growth And Future Scope: Grand View Research Inc.

 High Purity Pig Iron Market Growth & Trends

The global high purity pig iron market size is expected to reach USD 17.09 billion by 2030, according to a new report by Grand View Research, Inc, expanding at a CAGR of 8.5% over the forecast period. Investments in wind power generation are expected to benefit the industry growth from 2022 to 2030. HPPI is the principal raw material used in the production of nodular cast iron components, which are deployed in industries, such as wind energy, automotive & transportation, etc. Increasing emissions and limited potential for fossil fuels have led to the focus on energy production from renewable sources, such as wind and solar. HPPI finds applications in different wind turbine components, such as rotors, shafts, frames, and blades among others.

China, a leader in wind energy installations, aims to double its wind and solar capacity by 2025. The pollution levels are also high in China compared to other countries around the world, therefore it is necessary to increase renewable power generation. As per the central economic plan of the country, nearly 33% of power supply will come from renewable sources by 2025, an increase from 29% in 2020. Recently, Siemens Gamesa Renewable Energy received an order for 14 offshore wind turbines from a Green Power Investment firm in Japan. This Ishikari offshore project is likely to produce 112 MW of wind energy wherein installations are planned to start in July 2023. The turbines have ClassNK certification ensuring stringent technical standards. Similar investments in wind energy are expected to provide a boost to the HPPI products demand.

Automotive & transportation is a key application segment, wherein nodular cast iron components made using HPPI are used. This segment is likely to register a growth of 8.3%, in terms of revenue, from 2022 to 2030. A rise in the production capacities for vehicles is projected to attract the demand for HPPI products. For instance, Kia Motors in India is expected to increase its production capacity to 400,000 units by the end of 2022. Increasing utilization of steel scrap in foundries, especially in China, is projected to remain a favorable factor for the industry players. The increasing shift towards electric furnaces compared to blast furnaces requires high purity iron to reduce the impurities in the melt. This is anticipated to benefit in the reduction of carbon emissions and, thus, protect the environment.

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High Purity Pig Iron Market Report Highlights

  • The energy application segment is projected to register the fastest CAGR over the forecast period. A shift towards renewable energy is anticipated to promote the usage of nodular cast iron components and benefit HPPI demand
  • Automotive & transportation was the largest application segment in 2021. Investments for new plants and capacity additions are projected to boost the demand for HPPI products in casting parts
  • Asia Pacific was the leading region in 2021 due to offshore wind projects and industrial production in China, India, and Japan
  • India is anticipated to register a lucrative growth rate, in terms of revenue, over the forecast period due to the growing focus on domestic manufacturing to cater to the growing demand from various end-use industries

Access Press Release@ https://www.grandviewresearch.com/press-release/global-high-purity-pig-iron-market

High Purity Pig Iron Market Segmentation

Grand View Research has segmented the global high purity pig iron market on the basis of application and region

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

  • Automotive & Transportation
  • Energy
  • Industrial

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

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

List of Key Players of High Purity Pig Iron Market

  • Rio Tinto Fer et Titane (RTFT)
  • Tronox Holdings plc
  • Richards Bay Minerals (RBM)
  • Eramet Group
  • Sesa Goa Iron Ore
  • Mineral-Loy

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.

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

 2-Ethylhexanol Market Growth & Trends

The global 2-ethylhexanol market size is expected to reach USD 7.68  billion by 2030, registering a CAGR of 2.9% according to a new report by Grand View Research, Inc. Increasing demand for 2-EH acrylate from the paints and coatings industry is one of the key factors driving the market.

Rapid replacement of solvent-based products by waterborne acrylic products, supported by the presence of stringent air emission regulations, is expected to fuel the demand for the product. Replacing solvent-based coatings with waterborne coatings offers various advantages such as easy water and soap clean-up, reduced solvent exposure, and less hazardous waste disposal & associated costs. Besides this, they ensure reduced concerns regarding flammability & impact insurance costs, reduced health risks, and less mixing and minimal waste in case of one-component coatings. These factors are anticipated to positively impact the demand for 2-EH acrylate over the forecast period.

Asia Pacific was the leading market for 2-ethylhexanol in 2016 and this trend is expected to continue over the forecast period. The region is projected to exhibit a noteworthy CAGR over the forecast period, owing to the growing market potential in China. Manufacturers in the country are increasing their production capacity to meet the rising demand for 2-EH.

Growing demand from countries such as China, India, and Japan is expected to impact product demand over the forecast years. Increasing disposable income, growing middle-class population, and strengthening economy of aforementioned countries are expected to foster the growth of end-use industries such as automotive and construction, thereby boosting the demand for 2-EH.

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2-Ethylhexanol Market Report Highlights

  • The plasticizers segment is anticipated to reach USD 8.5 billion by 2025, rising at a CAGR of 6.3% from 2017 to 2025
  • In terms of revenue, the 2-EH acrylate segment is expected to witness steady growth over the forecast period, owing to increasing demand from the building & construction industry, growing investments worldwide for infrastructure development, and rising penetration of acrylates in the coating industry.
  • The U.S. 2-ethylhexanol market is anticipated to exceed 647.0 kilotons by 2025, owing to sufficient inventories, increased production, and an overall steady demand in the country
  • The market for 2-ethylhexanol is highly competitive with the presence of various well-established players with extensive product portfolios
  • Some of the key companies present in the market are The Dow Chemical Co.’ BASF SE’ Eastman Chemical Company’ Sigma-Aldrich’ SABIC Industries, Grupa Azoty ZakÃ…‚ady Azotowe KÄ™dzierzyn SpóÅ‚ka Akcyjna, Mitsubishi Chemical Corporation, and LG Chem, Ltd.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-2-ethylhexanol-2-eh-market

2-Ethylhexanol Market Segmentation

Grand View Research has segmented the global 2-ethylhexanol market on the basis of application and region:

2-Ethylhexanol Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2030)

  • Plasticizers
  • 2-EH Acrylate
  • 2-EH Nitrate
  • Others

2-Ethylhexanol Regional Outlook (Revenue, USD Million, 2015 - 2030)

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

List Of Key Players Of 2-Ethylhexanol Market

  • The Dow Chemical Co.,
  • BASF SE,
  • Eastman Chemical Company,
  • Sigma-Aldrich,
  • SABIC Industries,
  • Grupa Azoty ZakÃ…‚ady Azotowe KÄ™dzierzyn SpóÅ‚ka Akcyjna,
  • Mitsubishi Chemical Corporation,
  • LG Chem, 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.

Fall Protection Market Is Expected To Accomplish A Valuation Of Around USD 4.77 Billion By 2030: Grand View Research Inc.

 Fall Protection Market Growth & Trends

The global fall protection market size is expected to reach USD 4.77 billion by 2030, according to a new report by Grand View Research, Inc, expanding at a CAGR of 7.0% during the forecast period. The global industry is primarily driven by the growing demand for workers’ safety, coupled with mandated policies by regulatory agencies for companies to maintain worker safety in various end-user industries. Fast-paced GDP growth and increasing employment in industries across the Asia Pacific and the Middle East have increased the focus on workers’ safety. Companies are emphasizing worker safety and establishing safety norms to avoid fall accidents, which have a negative influence on operating expenses in the form of compensation and arbitrated settlements, hence aiding industry growth.

The ongoing innovations in product development for manufacturing products that offer improved comfort, functionality, and movement, while adhering to regulatory standards, through the use of improved fabrics and materials are anticipated to fuel the industry growth. The Asian Development Bank (ADB) allocated USD 250 million as a loan for the National Industrial Corridor Development Program of India (NICDP) in November 2021 for the construction of 11 industrial corridors connecting 17 states of India. Such initiatives are anticipated to increase product demand during the forecast period.

Growing population, rapid industrialization in developing nations, increasing construction activities worldwide, and the rising popularity of recreational activities like rock climbing and ice climbing are some of the major factors anticipated to propel the industry growth during the forecast period. Companies are launching new products to strengthen their product portfolio. In September 2020, McNetiq launched a series of magnetic anchors intended for fall protection for workers when working at heights and this is used in places constructed of steel and not having edge protection. This product launch also helped the company diversify its product portfolio.

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Fall Protection Market Report Highlights

  • The soft goods segment led the global industry in 2021 owing to increasing demand for harnesses coupled with rising awareness pertaining to worker safety in various end-use industries
  • The construction industry is expected to witness considerable growth from 2022 to 2030 on account of mandates by governments of various countries to reduce the number of accidents and causalities during construction activities
  • Asia Pacific is expected to witness the fastest CAGR during the forecast period owing to a rise in M&A activities and increased infrastructure development by governments, thus driving the industrial construction sector
  • North America is expected to be the largest region in terms of global revenue during the forecast period, owing to rising worker safety concerns, and early adoption of cutting-edge technology
  • In January 2022, Diversified Fall Protection (DFP) completed the acquisitions of two similar line companies, namely Rooftop Anchor, Inc. (RTA) and Versatile Systems
  • In November 2021, Rothoblaas increased its line of fall prevention systems & protective gear. This allowed the firm to broaden its product range while also meeting the technical & regulatory international standards for its goods

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

Fall Protection Market Segmentation

Grand View Research has segmented the global fall protection market based on type, end-use, and region:

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

  • Soft Goods
  • Hard Goods
  • Others

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

  • Construction
  • Manufacturing
  • Oil & Gas
  • Chemicals
  • Food
  • Pharmaceuticals
  • Healthcare
  • Transportation
  • Mining
  • Others

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

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

List of Key Players in the Fall Protection Market

  • FallTech
  • Petzl
  • SKYLOTEC
  • Guardian Fall
  • MSA Safety
  • Honeywell International
  • 3M
  • W. Grainger, Inc.
  • Gravitec 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.

Monday, 6 February 2023

Gene Panel Market Revenue Sales to Reach USD 2.72 Billion by 2030: Grand View Research Inc.

 Gene Panel Market Growth & Trends

The global gene panel market size is expected to reach USD 2.72 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 15.52% from 2022 to 2030. A rise in the number of congenital disorders, coupled with an unprecedented increase in the number of cancer cases across the globe, is anticipated to drive the market. Early diagnosis of chromosomal disorders enables timely prognosis and therapeutic steps to be taken so as to retard the symptoms and improve the quality of life.

Furthermore, an increase in hereditary level understanding and a rise in the need for genetic screening, personalized medicine, risk analysis, and prognostics are anticipated to drive the market. A specific group of genes needs to be sequenced and analyzed to understand the genetic predisposition of a disease condition. The panels help in sequencing specific genes that are known to be causative of the disease condition. There are many predesigned panels for particular disease conditions along with options for customization. There also have been consistent research efforts to devise novel gene panels to efficiently diagnose a wide spectrum of genetic disorders.

For instance, INVIEW Liquid Biopsy Onco-profiling is an all-inclusive comprehensive cancer gene panel for examination using liquid biopsy samples like blood. Customizable gene panels are also available that can be customized based on specific requirements. For instance, QIAseq multimodal custom panel is a customizable gene panel that is able to profile variant DNA, RNA fusion, and gene expression patterns from a single sample input.

The COVID-19 pandemic has significantly disrupted the delivery of effective healthcare services, including genetic counseling and genetic testing services. There are efforts across the U.S. to ensure re-igniting genetic testing, at least for pre-implantation screening. However, the ramping up of genetic screening for cancer has also become a part of the mission of cancer societies across the globe.

Moreover, many researchers and clinicians believe that there is a strong necessity for the enforcement of genetic screening procedures to bring down the mortality rate due to genetic disorders, and therefore there will be a rise in the demand for gene panels during the forecast period. For instance, all those born in the U.S. are compulsorily screened using a blood sample for certain genetic, endocrine, metabolic, hearing, and critical congenital heart disorders.

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Gene Panel Market Report Highlights

  • By products & services, the test kits segment held the largest share in 2021 due to the utilitarian benefits that a test kit could offer to clinicians, researchers, and the normal population. Ready-to-use kits and self-administrable diagnostic kits are increasingly trending these days
  • By technique, the hybridization-based approach is in the growth phase due to the reliability of outcomes, though the technique is expensive and time-consuming. Gene panels are usually designed for the analysis of several genes and the hybridization technique is conducive to this concept of gene panel testing
  • By design, predesigned gene panels dominated the market in 2021. This is because predesigned gene panels are preferred over customizable gene panels for diagnostic utility because predesigned panels are backed by research for outcome reliability
  • By application, the cancer risk assessment segment is expected to grow lucratively during the forecast period due to a rise in the number of cancer cases and increased recommendations for cancer screening across different countries
  • North America dominated the global market in 2021 owing to the increasing demand for genetic screening and early cancer screening, the presence of key players, the rising prevalence of cancer, and rising recommendations for newborn screening

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

Gene Panel Market Segmentation

Grand View Research has segmented the global gene panel market based on product & services, technique, design, application, end-use, and region:

Gene Panel Product & Services Outlook (Revenue, USD Million, 2018 - 2030)

  • Test Kits
  • Testing Services

Gene Panel Technique Outlook (Revenue, USD Million, 2018 - 2030)

  • Amplicon Based Approach
  • Hybridization Based Approach

Gene Panel Design Outlook (Revenue, USD Million, 2018 - 2030)

  • Predesigned Gene Panel
  • Customized Gene Panel

Gene Panel Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Cancer Risk Assessment
    • Syndrome Specific
    • High Penetrance
    • High & Moderate Penetrance
    • Comprehensive Cancer Risk
  • Diagnosis of Congenital Diseases
  • Pharmacogenetics
  • Other Applications

Gene Panel End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Academic & Research Institutes
  • Hospital & Diagnostic Laboratories
  • Pharmaceutical & Biotechnology Companies

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

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

List of Key Players in the Gene Panel Market

  • Agilent Technologies 
  • Illumina Inc. 
  • Qiagen Inc. 
  • Eurofins Genomics 
  • Thermo Fisher Scientific 
  • Foundation Medicine Inc. 
  • Guardant Health, Inc.
  • Myriad Genetic Laboratories Inc.
  • Cepheid 
  • Bio-Rad Laboratories, Inc.
  • Personalis

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.

Dermatome Device Market is Growing at Significant Rate, 2030: Grand View Research Inc.

 Dermatome Device Market Growth & Trends

The global dermatome device market size is expected to reach USD 231.0 million by 2030, registering a CAGR of 5.5% from 2022 to 2030, according to a new report by Grand View Research, Inc. There is a significant rise in the number of cosmetic procedures that are being carried out, globally. This is expected to boost the growth of the industry over the forecast period. In addition, factors, such as the rise in burn injuries and skin infections, are also driving industry growth. Skin grafting is an adequate treatment that is required in cosmetic surgery. A dermatome is used to carry out the skin grafting procedure in cosmetic surgery.

Thus, a rise in the number of cosmetic surgeries is leading to an increase in the sales of dermatome devices. For instance, according to the Aesthetic Society, in 2021, on average a plastic surgeon performed 320 surgical procedures, as compared to 220 in 2020 in the U.S. Dermatome device are also used in skin reconstitution in patients with trauma or grade 3 burns. The rising number of accidents and burn cases is therefore majorly contributing to a rise in product sales. For instance, according to an article posted by the American Burn Association in 2020, about 3,500 people are fatally injured in a fire or burn accident each year in the U.S.

The industry experienced a negative impact due to the COVID-19 pandemic majorly due to the postponement of elective procedures. However, the opening of the economies and the increasing focus of surgeons and the medical fraternity that was badly hit by the pandemic to recover from the losses faced led to a quick recovery of the industry in 2021. Furthermore, the industry is expected to flourish at a much faster pace owing to a rapid rise in the adoption of cosmetic surgeries.

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Dermatome Device Market Report Highlights

  • The powered dermatome device segment held the highest share in 2021 owing to the increased adoption rate across different applications
  • The chronic burn care segment accounted for the highest share in 2021 due to a rise in burn cases in both developed and developing countries
  • The plastic surgery segment is expected to register the fastest CAGR over the forecast period as a large number of people are opting for these procedures
  • The hospitals segment held the largest share in 2021 as a majority of the medical procedures that require dermatomes are covered under one setting for different applications
  • The Ambulatory Surgical Centers (ASCs) segment is expected to record the maximum growth over the forecast period owing to the rising popularity of plastic surgeries in these settings
  • North America was the dominant region in 2021 owing to the presence of well-established healthcare infrastructure
  • However, Asia Pacific is expected to have the fastest CAGR during the forecast period mainly due to the increasing number of burn cases and rising adoption of plastic surgeries

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

Dermatome Device Market Segmentation

Grand View Research has segmented the global dermatome device market based on product, application, end-use, and region:

Dermatome Device Product Outlook (Revenue in USD Million, 2017 - 2030)

  • Drum Dermatome Device
  • Knife Dermatome Device
  • Powered Dermatome Device
    • Pneumatic Dermatome Device
    • Battery Operated Dermatome Device
    • Electric Dermatome Device

Dermatome Device Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Plastic Surgery
  • Reconstructive Surgery
  • General Surgery
  • Chronic Burn Care Treatments
  • Others

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

  • Hospitals
  • Ambulatory Surgical Centers
  • Dermatology Clinics
  • Others

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

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

List of Key Players in Dermatome Device Market

  • Zimmer Biomet
  • Integra Lifesciences
  • Braun Melsungen AG
  • Aesculap, Inc.
  • Surtex Instruments Ltd.
  • DeSoutter Medical
  • Shaanxi Xingmao Industry Co., Ltd.
  • Aygun Surgical Instruments Co., Inc.
  • Humeca BV
  • Nouvag AG
  • Novo Surgical 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.

Cross-border B2C E-commerce Market is Anticipated To Generate Significant Revenues by 2030: Grand View Research Inc.

 Cross-border B2C E-commerce Market Growth & Trends

The global cross-border B2C e-commerce market size is expected to reach USD 5,576.73 billion by 2030, expanding at a CAGR of 25.8% from 2022 to 2030, according to a new study conducted by Grand View Research, Inc. The growth is anticipated to be fueled by changing consumer buying habits, a growing urban population, and growing consumer awareness about e-commerce. As a result, customers are more likely to purchase goods from well-known international companies, frequently making more online purchases, a key factor driving the industry growth.

The introduction of modern e-commerce technology and the availability of protected payment alternatives and online transactions are expected to propel market growth. Furthermore, with the prevalence of social media applications, many marketing alternatives are available today, supporting the expansion of the global cross-border B2C e-commerce industry. The growing significance of online marketing platforms such as Google and Facebook ads fuel the growth.

Cross-border e-commerce platforms offer ways for Small & Medium enterprises (SMEs) to develop by presenting access to a global and domestic customer base. For instance, nearly 70% of American SMEs utilize their web store or third-party online marketplace, according to Data Catalyst, with the bulk of those businesses opting to use several marketplaces. Therefore, the increasing demand for these services to connect customers with suppliers, make ordering more accessible and manage the delivery of items is expected to boost the market landscape over the forecast period.

The COVID-19 outbreak has contributed positively to the industry's growth as consumers prefer product purchases and transactions online. Moreover, e-commerce innovations have also facilitated quick online purchases. For instance, according to data insight from PayPal, through the deployment of innovative and secure e-commerce platforms, UPS and PayPal saw double-digit growth in their cross-border shipping business by the middle of 2020.

Request a free sample copy or view the report summary: Cross-border B2C E-commerce Market Report

Cross-border B2C E-commerce Market Report Highlights

  • The assorted brands segment is anticipated to witness the fastest growth over the period. The segment is growing due to changing customer expectations and behaviors about online buying
  • The digital wallets segment is expected to witness the fastest growth over the forecast period. The launch of global B2C payment platforms via digital wallets is anticipated to fuel the segment's expansion
  • The apparel & accessories segment is estimated to dominate the market in 2021 and is expected to continue its dominance over the forecast period. The growing demand for online shopping of fashion clothing and accessories is anticipated to significantly boost the growth of the apparel & accessories segment
  • Asia Pacific is expected to register rapid growth during the forecast period. The large consumer base in the region is anticipated to augment the growth during the forecast period

Access Press Release@ https://www.grandviewresearch.com/press-release/global-cross-border-b2c-e-commerce-market

Cross-border B2C E-commerce Market Segmentation

Grand View Research has segmented the global cross-border B2C e-commerce market based on offering, payment method, category, and region:

Cross-border B2C E-commerce Offering Outlook (Revenue, USD Billion, 2017 - 2030)

  • In-House Brands
  • Assorted Brands

Cross-border B2C E-commerce Payment Method Outlook (Revenue, USD Billion, 2017 - 2030)

  • Digital Wallets
  • Credit/Debit Cards
  • Internet Banking
  • Others

Cross-border B2C E-commerce Category Outlook (Revenue, USD Billion, 2017 - 2030)

  • Entertainment & Education
  • Apparel & Accessories
  • Consumer Electronics
  • Home Furnishing
  • Personal Care & Beauty
  • Healthcare & Nutrition
  • Footwear
  • Food & Beverage
  • Others

Cross-border B2C E-commerce Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List of Key Players in the Cross-border B2C E-commerce Market

  • com, Inc.
  • Alibaba Group Holding Limited
  • eBay Inc.
  • ASOS
  • Jingdong JD.com
  • com Ltd.
  • Veepee
  • Rakuten
  • SIA Joom (Latvia)
  • Zalando

About Grand View Research

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

Global Smart Jewelry Market Will Be Worth USD 0.89 Billion by 2030: Grand View Research Inc.

 Smart Jewelry Market Growth & Trends

The global smart jewelry market size is expected to reach USD 0.89 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a lucrative CAGR of 16.9% from 2022 to 2030. The key factors driving the growth include the rising health monitoring device demand and public awareness of the value of leading a healthy and stylish lifestyle. It's well-liked by users due to the availability of sophisticated tracking methods. Data privacy risk is a significant concern, though.

The COVID-19 pandemic resulted in several challenges such as logistical bottlenecks, low demand, decreased sales & marketing activities, and reduced sales. The key impact, however, market has been severely impacted by the halt in these products' manufacturing, production, shipment, and sales. However, the demand for fitness amid the coronavirus epidemic will be met by OEMs' ongoing development of technologically sophisticated products. For instance, Fitbit recently unveiled the Fitbit Charge 4, a cutting-edge tracker. Customers at home will receive assistance and support from the new device during this time.

Similarly, the rising demand for fitness items during COVID-19 will increase the sales of fitness trackers via online channels, hence fueling the growth of the market. Additionally, the extensive research and development efforts of big brands to include technologies in tools that can detect and track infectious diseases like COVID-19 will further expand industry potential.

The increased awareness of a person's health and well-being will open up profitable market prospects. Fitness tracker jewelry supports a healthy lifestyle by monitoring sleep patterns, heart rate, sports activity, and other activities. The expansion of the smart jewelry industry will be impacted by the spike in the fitness industry brought on by the expanding young populations in nations like China and India. The market will be significantly impacted by millennials' inclination for fitness clubs and gyms. Hectic lifestyles can contribute to sadness, anxiety, and stress, which can worsen health. The industry will have chances in the near future due to the growing need for physical activities and healthy diet plans brought on by sedentary lifestyles.

On the other hand, the development of smart jewelry is facing difficulty in the face of the expanding demand for wearable computing. For instance, Ringly, a smart jewelry company with headquarters in New York and funding of $5.1 million in the Series A round, sent a notice on its official website in January 2018 announcing the suspension of manufacturing. Ringly initially garnered a lot of attention when it was launched because of its strong fashion aesthetic and emphasis on notification features, but it ultimately failed. The market's acceptance of smart jewelry products at the moment is not very high.

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Smart Jewelry Market Report Highlights

  • The heart rate monitoring segment held a lucrative revenue share of more than 36% in 2021 and is expected to grow at a significant CAGR over the forecast period. Growing internet and smartphone penetration and growing awareness of health and fitness are all major contributors to the growth
  • The Android segment is expected to dominate the market over the forecast period while the IOS segment is projected to grow the fastest, owing to the rise in demand for android mobile phones because it is available at an affordable price everyone can afford it
  • The smart bracelets segment held the largest revenue share as of 2021. Bracelets that are integrated with disease-specific functions, especially the ones that provide cardiovascular indications, have witnessed a significant rise in adoption over the years
  • The adult segment is expected to exhibit a lucrative CAGR of over 49% over the forecast period. Younger adults and people from the working classes, who make up the target market for smart jewelry, are becoming increasingly conscious of their physical fitness and health
  • North America is expected to dominate the market over the forecast period, owing to the rise in the number of key players in the region drives the growth
  • Some of the key companies operating in the market are Bellabeat, Capri Holdings, Ringly, Misfit (Fossil Group)

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

Smart Jewelry Market Segmentation

Grand View Research has segmented the global smart jewelry market based on application, product type, operating system, age group, and region:

Smart Jewelry Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Activity Tracking
  • Heart Rate Monitoring
  • Sleep Tracking

Smart Jewelry Product Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Pendant
  • Smart Bracelets
  • Ring
  • Others

Smart Jewelry Operating System Outlook (Revenue, USD Million, 2017 - 2030)

  • Android
  • IOS

Smart Jewelry Age Group Outlook (Revenue, USD Million, 2017 - 2030)

  • Pediatric
  • Adult
  • Geriatric

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

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

List of Key Players in the Smart Jewelry Market

  • Misfit (Fossil Group)
  • Bellabeat
  • InvisaWear
  • Ringly
  • Fitbit (Google LLC)
  • Oura Health Oy
  • Totwoo Smart Jewelry
  • Wellue
  • Motiv
  • Capri Holdings

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.

BOPP Films Market Industry Analysis Comparing Industry Prospects And Challenges Of Investing

  The global   BOPP films market   size was estimated at USD 26.14 billion in 2023 and expected to grow at a CAGR of 5.92% from 2024 to 2030...