Thursday, 2 March 2023

Bathroom And Toilet Assist Devices Market Size, Industry Share And Growth Analysis For 2022-2030: Grand View Research Inc.

 Bathroom And Toilet Assist Devices Market Growth & Trends

The global bathroom and toilet assist devices market size is anticipated to reach USD 8.23 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.4% from 2022 to 2030. Growth in the prevalence of chronic diseases, coupled with an aging population, is resulting in a rise in the population with disabilities. According to Spinal Cord Injury Data Sheet from the National SCI Statistical Center (NSCISC) 2019, approximately 17,730 new spinal cord injuries are reported each year in the U.S. Aging demographics have created a demand for old-age homes and long-term care centers, both of which drive demand for bathroom and toilet to assist devices.

COVID-19 is expected to have a minimal impact on the market growth. Old age people are advised to stay at home during the lockdown, which has increased the demand for bathroom and toilet assist devices. However, the decrease in the number of road accidents has reduced the device’s requirement for disabled people. However, as lockdown restrictions are being lifted in most countries, the supply chains of most healthcare companies are expected to work effectively and smoothly over the forecast period.

Furthermore, rapidly growing demand for home healthcare services can be attributed to the growing workforce pertaining to this field. This is, in turn, expected to serve this market as a driver. As per the U.S. Bureau of Labor Statistics, the rank of home health and personal care aides is expected to increase by 13 million in 2020 (a 70.0% increase from 2010). Additionally, the demand for home healthcare among the aging population is increasing as they are at a higher risk of acquiring COVID-19 infection and cannot visit any healthcare facilities. This is likely to increase the market growth during the forecast period.

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Bathroom And Toilet Assist Devices Market Report Highlights

  • The commodes product segment dominated the market in 2021 with a revenue share of over 19.0%. Commodes are covered under Medicare Part B (Medical Insurance) as durable medical equipment when recommended by a doctor. This is a key factor propelling the segment growth. Commodes are further sub-segmented into shower and toilet commodes and toilet commodes
  • North America dominated the market with a revenue share of over 35.0% in 2021 owing to the presence of well-defined regulatory guidelines and reimbursement policies for the treatment of patients with disabilities in the region
  • Asia Pacific is estimated to exhibit the highest CAGR of 6.9% over the forecast period. This can be attributed to the rising pool of patients with chronic diseases, growth in funding for personal assistance products, and initiatives to increase awareness regarding bathroom and toilet assist tools

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

Bathroom And Toilet Assist Devices Market Segmentation

Grand View Research has segmented the global bathroom and toilet assist devices market on the basis of product and region:

Bathroom & Toilet Assist Devices Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Shower Chairs & Stools
    • Shower Chairs
    • Shower Stools
  • Bath Lifts
    • Fixed Bath Lifts
    • Reclining Bath Lifts
    • Lying Bath Lifts
  • Toilet Seat Raisers
  • Commodes
    • Shower & Toilet Commodes
    • Toilet Commodes
  • Handgrips & Grab Bars
  • Bath Aids

Bathroom & Toilet Assist Devices Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Bathroom And Toilet Assist Devices Market

  • ArjoHuntleigh
  • Carex Health Brands
  • Bischoff & Bischoff
  • Invacare Corporation
  • Medical Depot, Inc.
  • Prism Medical UK
  • Etac AB
  • Handicare Group AB
  • Sunrise Medical LLC
  • GF Health Products, 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.

Wednesday, 1 March 2023

Portable Fire Extinguishers Market Predicted to Witness Steady Growth During the Forecast Period

 

Portable Fire Extinguishers Market Growth & Trends

The global portable fire extinguishers market size is expected to reach USD 19.98 billion by 2030, registering a CAGR of 9.1% over the forecast period, according to a new report by Grand View Research, Inc.the increasing awareness among customers about these products is expected to boost the industry growth. In addition, the rising product demand from the manufacturing industry and commercial & officebuildings is driving the industry. The COVID-19 pandemic affected the global economy. To break the chain and virus spread, lockdown orders were imposed by various countries around the world. This had a devastating impact on the supply chain, applications, and trade & development of the portable fire extinguisher industry.

Moreover, therewas a reduction in the number of installations of new fire extinguishers in commercial and industrial applications. The increasing demand for eco-friendly fire suppression systems is expected to open growth opportunities for the industry. For instance, in 2020, Win Time Technology of Taiwan introduced a revolutionary, eco-friendly fire extinguisher at the annual meet of NoAW (No Agriculture Waste), a European Horizon 2020 research & development project. Later on, the product received widespread recognition from more than 20 countries. In terms of value, the dry chemical segment dominated the industryin 2021.

Dry chemical extinguishers comprise a non-flammable substance that can extinguish different types of fires by forming a layer and cutting off the air supply. They are relatively cost-effective as compared to clean agent extinguishers, which may accelerate segment growth. Asia Pacific held the largest revenue share in 2021 owing to the high awareness levels about fire safety among end-users and the growth of construction activities in emerging economies, such as China and India. Moreover, the increasing demand for smart buildings and intelligent home automation systems, which deliver optimum safety and security, are expected to drive product adoption in Asia Pacific.

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Portable Fire Extinguishers Market Report Highlights

  • The non-residential application segment led the industry in 2021 due to the rapid growth of the commercial and industrial sectors
  • The class B fire type segment is expected to witness substantial growth over the forecast period
  • Class B fire extinguishers are used for a fire involving flammable and combustible liquids
  • Asia Pacific was the dominant region in 2021 and is expected to register the fastest CAGR over the forecast period
  • The growth of the region is majorly attributed to the need for large infrastructures in developing economies, such as India and China

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

Portable Fire Extinguishers Market Segmentation

Grand View Research has segmented the global portable fire extinguishers market on the basis of agent, fire type,application, and region:

Portable Fire Extinguishers Agent Outlook (Revenue, USD Million, 2017 - 2030)

  • Dry Chemical
  • Carbon Dioxide
  • Water
  • Foam
  • Others

Portable Fire Extinguishers Fire Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Class A
  • Class B
  • Class C
  • Class D
  • Class K

Portable Fire Extinguishers Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Residential
  • Non-residential

Portable Fire Extinguishers Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Portable Fire Extinguishers Market

  • Raytheon Technologies Corp.
  • Johnson Controls International Plc
  • Morita Holdings Corp.
  • Hochiki Corp.
  • Amerex Corp.
  • Ceasefire Industries Pvt. Ltd.
  • Activar Inc.
  • Yamato Protec Corp.
  • FlameStop Australia Pty. Ltd.
  • Feuerschutz Jockel GmbH & Co.
  • Britannia Fire Ltd.
  • Minimax
  • Kanex Fire

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.

Decentralized Identity Market to Expand with Significant CAGR During 2023 – 2030: Grand View Research Inc.

 Decentralized Identity Market Growth & Trends

The global decentralized identity market size is expected to reach USD 102.0 billion by 2030, expanding at a CAGR of 90.3% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. The ineffectiveness of conventional identity management practices and rising incidences of security breaches have fueled the demand for decentralized identity platforms. The increasing adoption of such decentralized identity platforms by businesses and individuals is further expected to drive the market over the forecast period.

Additionally, several regulatory bodies and monetary organizations have launched guidelines to enable users to leverage digital identity platforms. For instance, in April 2020, the Arab Monetary Fund (AMF) published the latest guidelines for Electronic Know Your Customer (e-KYC) to enable the onboarding of new banking customers remotely through non-face-to-face authorization. Hence, initiatives aiming at utilizing digital identity platforms are expected to create new growth opportunities for the market over the forecast period.

Decentralized identification is an emerging concept that restores consumers' control over their identities by enabling them to acquire verifiable information from certified issuers through an identity wallet, such as the Government. Users can effectively control their online identity and privacy by restricting what data is conveyed from the wallet to a third person. Furthermore, decentralized IDs would assist individuals who have been the targets of a security breach due to the negligence of a third person.

The COVID-19 pandemic is expected to play a significant role in driving the market over the forecast period. With the growing digitalization owing to the pandemic outbreak globally, there is an increasing need to protect online users' identities. Verifying user identities and securely storing them depend greatly on decentralized identity.

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Decentralized Identity Market Report Highlights

  • The biometric segment is anticipated to register the fastest growth rate over the forecast period. The increasing launch of biometric identification platforms by some of the major firms, including, Innovatrics and IDEMIA, is expected to drive the segment
  • The individual segment is projected to register the fastest growth rate over the forecast period. Decentralized identity is used by individuals owing to benefits such as privacy and security concerns, which is a major factor expected to propel the segment growth
  • The small and medium enterprises segment is anticipated to emerge as the fastest growing segment over the forecast period. The growth of the segment can be attributed to the growing digitalization across all SMEs worldwide
  • The BFSI segment dominated the market in 2022. The banking firms adopting decentralized identity solutions to reduce identity fraud is one of the major factors propelling the segment growth
  • Asia Pacific is projected to register the fastest growth rate over the forecast period. The increasing demand for decentralized identity solutions across the region is anticipated to play a vital role in driving the regional market

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

Decentralized Identity Market Segmentation

Grand View Research has segmented the global decentralized identity market based on identity type, end-user, enterprise size, vertical, and region:

Decentralized Identity Type Outlook (Revenue, USD Million, 2019 - 2030)

  • Biometric
  • Non-biometric

Decentralized Identity End-user Outlook (Revenue, USD Million, 2019 - 2030)

  • Individual
  • Enterprises

Decentralized Identity Enterprise Size Outlook (Revenue, USD Million, 2019 - 2030)

  • Large Enterprises
  • Small & Medium Enterprises

Decentralized Identity Vertical Outlook (Revenue, USD Million, 2019 - 2030)

  • BFSI
  • Government
  • Healthcare & Life Sciences
  • Retail& E-commerce
  • Telecom & IT
  • Transport & Logistics
  • Real Estate
  • Media & Entertainment
  • Travel & Hospitality
  • Others

Decentralized Identity Regional Outlook (Revenue, USD Million, 2019 - 2030)

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

List of Key Players of Decentralized Identity Market

  • Microsoft Corporation
  • Accenture plc
  • Wipro Limited
  • SecureKey Technologies Inc.
  • Persistent Systems Limited
  • Avast Software s.r.o.
  • Civic Technologies, Inc.
  • R3
  • Validated ID, SL
  • Dragonchain
  • Nuggets
  • 1Kosmos 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.

Adjustable Beds & Mattress Market Soaring Demand Assures Motivated Revenue Share By 2030

 Adjustable Beds & Mattress Market Growth & Trends

The global adjustable beds & mattress market size is expected to reach USD 13.34 billion by 2030, registering a CAGR of 8.8% from 2022 to 2030, according to a new report by Grand View Research, Inc. The increased time spent at home due to the COVID-19 pandemic has led people to redecorate their home furnishings. In addition to working from home and night shifts, people are often deprived of sleep due to back pain, less lumbar support, and the non-flexibility of spine curves; this has contributed to product sales. The hospitality sector benefitted from the pandemic since individuals spent more time traveling and experiencing new things rather than staying at home post-pandemic.

The renovation of hotels and restaurants is one strategy that hoteliers are using to draw in more customers, which has led to a huge increase in retail furniture sales. The adjustable beds segment dominated the industry and is anticipated to remain dominant throughout the forecast period. This segment features beds in various sizes, such as single and double. Consumers prefer adjustable bases that fit into the bed frames so that they do not have to sacrifice the power reclining and also the headrest. North America held the largest revenue share in 2021 owing to the rise in cases of back pain issues, specifically among the aging population across the globe.

According to a survey conducted by The Good Body in 2022, Around 80 million working Americans, or 50% of the population, report having annual back pain symptoms. Manufacturers are introducing innovative technologies incorporated into various beds & mattress designs while providing good utility. Modern mattress technology and individual sleep goals can be aligned owing to developments in mattresses like AirFoamTM. People are making better decisions with their bedding systems as a result of their increased awareness of the link between sleep quality and quality of life. Thus, developments in the production process are a top priority of the key industry players.

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Adjustable Beds & Mattress Market Report Highlights

  • The adjustable beds segment is expected to register a steady CAGR over the forecast period. The increasing construction activities of residential buildings, hotels, and restaurants boost the product demand, thereby supporting the segment growth
  • The offline segment is expected to register the fastest CAGR over the forecast period due to increased product sales through hypermarkets, specialty stores, etc. as adjustable beds and mattresses majorly consist of electronic features that are best suited to buy after testing
  • The non-residential segment is expected to witness substantial CAGR from 2022 to 2030 as hoteliers mainly focus on the comfort of the customers
  • North America was the largest region in 2021 and will expand further at a steady CAGR during the forecast period
  • BEDGEAR, one of the key players, launched their first branded Flex adjustable bases, which are highly durable and lightweight

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

Adjustable Beds & Mattress Market Segmentation

Grand View Research has segmented the global adjustable beds & mattress market based on product, distribution channel, end-user, and region:

Adjustable Beds & Mattress Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Adjustable Beds
    • Single
    • Double
  • Adjustable Mattress
    • Memory Foam
    • Latex Foam
    • Hybrid

Adjustable Beds & Mattress Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

  • Offline
  • Online

Adjustable Beds & Mattress End-user Outlook (Revenue, USD Million, 2017 - 2030)

  • Residential
  • Non-residential

Adjustable Beds & Mattress Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • UK.
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Indonesia
    • Australia
  • South America
    • Brazil
  • Middle East & Africa (MEA)

List of Key Players in Adjustable Beds & Mattress Market

  • Amerisleep
  • Boyd Sleep
  • Ergomotion
  • Glideaway
  • Leggett & Platt, Inc.
  • Serta, Inc.
  • Southerland Sleep
  • Tempur Sealy International,
  • The Sleepwell Company
  • Sealy Technology LLC
  • Sleep Number Corp.

About Grand View Research

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

PTA Balloon Catheter Market Booming Trends and Forecast Assessment for the Period 2022 to 2030

 PTA Balloon Catheter Market Growth & Trends

The global PTA balloon catheter market size is expected to reach USD 6.0 billion by 2030, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.92% from 2022 to 2030. The increasing incidence of peripheral artery disorder and the rising number of Percutaneous Coronary Intervention (PCI) procedures in developing countries are key factors driving the market.

The adoption of a sedentary lifestyle by most of the population has increased the prevalence rate of various types of cardiovascular diseases worldwide. An increase in the number of cases of cardiovascular diseases across the globe is expected to boost the adoption of various procedures-such as cardiac catheterizations, angioplasty, and Percutaneous Coronary Intervention (PCI)-to treat such conditions, wherein PTA balloon catheters are among the essential requirements.

The COVID-19 pandemic resulted in a decline in the number of patient encounters, leading to a reduction in the demand for surgical procedures, thereby impacting the industry growth. According to Elsevier, the number of coronary angioplasty surgeries was 11.2% in 2020, which is lower than the previously reported data. According to the National Library of Medicine, the U.S. witnessed a 52.7% decline in adult cardiac surgeries in 2020. In the later phase, as the restrictions were lifted in several countries, the volume of cardiac and peripheral surgical procedures increased. This is expected to increase the demand for angioplasty surgical devices such as PTA balloon catheters.

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PTA Balloon Catheter Market Report Highlights

  • North America dominated the market in 2021. This can be attributed to the higher product availability, high demand for surgical procedures, and better awareness in the region
  • Asia Pacific is expected to exhibit the fastest growth rate during the forecast period due to government initiatives and increasing incidence of target disorders
  • Supportive government regulations to commercialize medical devices in Latin America are expected to impel industry growth. For instance, most Latin American countries only require the U.S. FDA or CE mark approval for filing marketing approvals
  • Incorporation of the latest health technologies, partnerships and collaborations, product expansion, and mergers & acquisitions are some of the strategies being adopted by key players to gain a competitive edge in the market. For instance, in February 2022, Boston Scientific Corporation acquired Baylis Medical Company, Inc., a medical device company primarily providing solutions to support catheter-based left heart procedures
  • The shortage of cardiac surgeons worldwide is a big concern. Low-income countries are facing this issue more severely. For instance, North Africa has only one surgeon per 1.1 million people. This is resulting in restricting the number of surgeries that could be performed, hindering industry growth

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

PTA Balloon Catheter Market Segmentation

Grand View Research has segmented the global PTA balloon catheter market based on region:

PTA Balloon Catheter Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in PTA Balloon Catheter Market

  • Medtronic
  • Terumo Corporation
  • Cardinal Health
  • Boston Scientific Corporation
  • Natec Medical
  • Cook Medical
  • Biotronik
  • Surmodics, Inc.
  • Andratec

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, 28 February 2023

Expansion of Dry Eye Treatment Devices Market During 2022– 2030 to Gain Robust Traction: Grand View Research Inc.

 Dry Eye Treatment Devices Market Growth & Trends

The global dry eye treatment devices market size is expected to reach USD 537.5 million by 2030, registering a CAGR of 7.6% from 2022 to 2030, according to a new report by Grand View Research, Inc. The increasing demand for targeted, non-invasive, faster, and patient-compliant treatment methods to alleviate dry eye symptoms is expected to foster the market growth during the forecast period.

The rising incidence of causative risk factors such as over usage of contact lenses, prolonged exposure to digital screens, diabetes, glaucoma, and Sjogren's syndrome globally is anticipated to propel the growth of the market. For instance, Americans are estimated to spend an average time of more than 10 hours a day at visual display terminals.

The increasing number of clinical and research activities conducted to evaluate the safety and efficacy of advanced dry eye treatment devices such as IPL and BBL will boost the market growth. The application of these advanced technologies in eye care is at a nascent stage in many countries, therefore clinical evidence is essential to increase provider confidence. Besides, clinical studies of these technologies are showing promising results in comparison with conventional treatment methods in dry eye treatment.

The availability of alternative treatment, high cost of IPL/BBL treatment, numerous contraindications associated with IPL, and lack of an efficient health insurance policy in several countries are the factors fueling the growth of the market. For instance, the treatment of dry eye syndrome using intense pulsed light (IPL) is not covered under the NHS, a major provider of healthcare services in the U.K.

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Dry Eye Treatment Devices Market Report Highlights

  • The MGX technology held the largest market share in 2021 owing to the factors such as frequent product launches, cost-effectiveness, and improving accessibility
  • IPL and combination (MGX+IPL) technologies are expected to grow at a lucrative rate during the forecast period due to the factors such as the development of economical and compact-sized IPL devices having versatility in treating skin tones of all types, which has boosted its installation rate in clinics and ophthalmic centers
  • North America held the largest market share in 2021 and is anticipated to maintain its dominance over the forecast period. This is attributed to the growing prevalence of dry eye disease, increasing R&D expenditure, and a large number of ophthalmology trade conferences and expos conducted in the U.S. and Canada

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

Dry Eye Treatment Devices Market Segmentation

Grand View Research has segmented the global dry eye treatment devices market on the basis of technology, end-use, and region:

Dry Eye Treatment Devices Technology Outlook (Volume, Units; Revenue, USD Million, 2017 - 2030)

  • Broadband light (BBL)
  • Intense Pulsed Light (IPL)
  • Meibomian Gland Expression (MGX)
  • Combination (MGX+IPL)

Dry Eye Treatment Devices End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • Hospitals
  • Ophthalmic Clinics
  • Others

Dry Eye Treatment Devices Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Dry Eye Treatment Devices Market

  • iBo Medical Group
  • Sight Sciences
  • Lumenis
  • ESW Vision
  • Johnson & Johnson Vision Care
  • Alcon, 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.

Wallpaper Market Latest Innovations, Drivers and Industry Key Events 2022– 2030: Grand View Research Inc.

 Wallpaper Market Growth & Trends

The global wallpaper market size is expected to reach USD 2.44 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to register a CAGR of 4.3% from 2022 to 2030. The growth is primarily driven by the rising disposable income, the growing trend of home remodeling, and the major initiatives taken by market players to offer a variety of products. Commercial uses of wallpaper in hotels, restaurants, and hospitals across the globe are expected to boost the growth of the residential wallpaper industry.

The market is highly competitive due to the presence of a high number of companies with vast strong brand images, geographic presence, and wide distribution networks. Market players are expected to increase their focus on innovation with increasing R&D activities. For instance, in September 2020, AS Creation Tapeten AG revised the online shop with new functions like motifs and room configurators. These functions allow digital prints to be applied to individual walls and wallpapers.

Key players in the industry are concentrating on the launch of eco-friendly and aesthetically pleasing wallpaper in different designs and styles. Consumers are preferring peel and stick wallpapers as these are easy to use. Various firms are implementing strategies such as partnerships and acquisitions to gain market share. For instance, Blik Inc. introduced new self-adhesive removable wallpapers with new designs and sizes for interiors and exteriors, accelerating the sales of removable wallpaper.

North America held the largest revenue share in 2021, owing to the rise in the inclination of people in North America toward home renovation projects that includes personalizing according to their needs and recent trends. For instance, according to a remodeling survey from the National Association of Home Builders, 40% of the houses in North America are more than 50 years old anticipating there will be an increase in renovation spending in the coming years.

Additionally, the rising number of hypermarkets, specialty food stores, and supermarkets across the globe has significantly boosted the adoption of Residential Wallpapers. According to the Food Institute, Costco is expected to open around 22 new warehouses each year, with 75% of them located in the U.S. The retailer also plans to open three new stores in Bradenton, Florida; Bismarck, North Dakota; and Plainfield, Illinois. Similarly, Walmart invested billions in new stores and improvements throughout 2019.

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Wallpaper Market Report Highlights

  • Vinyl-based wallpaper was valued at USD 610.4 million in 2021 and is expected to grow at a CAGR of over 3.0% from 2022 to 2030. The demand for vinyl-based wallpaper can be attributed to a high preference for these products in the residential and commercial sectors
  • The nonwoven segment is expected to witness a substantial CAGR of around 4.8% from 2022 to 2030. Nonwoven wallpapers remain stable in dry and humid conditions when combined with the printing solution. These wallpapers provide an ideal mix of natural and synthetic fibers which are utilized for producing coffee filters, tea bags, and gauze
  • Asia Pacific was valued a USD 348.9 million in 2021 and is expected to register a CAGR of over 5.0% over the forecast period. The region’s hospitality sector is booming as it is one of the popular travel destinations owing to the diversity provided in this region

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

Wallpaper Market Segmentation

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

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

  • Vinyl
  • Nonwoven
  • Paper
  • Fabric
  • Others

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

  • Residential
  • Commercial

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

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

List of Key Players in the Wallpaper Market

  • Sangetsu Corporation
  • York Wall Coverings Inc.
  • Brewster Wallpaper Corporation
  • Schumacher & Co.
  • AS Creation Tapeten AG
  • Osborne & Little
  • The Romo Group
  • Grandeco
  • 4walls
  • Asian Paints

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.

Body Armor Market is Likely To Touch USD 4.1 Billion by 2030: Grand View Research Inc.

 Body Armor Market Growth & Trends

The global body armor market size is expected to reach USD 4.1 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 6.6% from 2022 to 2030. Increasing demand for enhancing soldier safety and ensuring survivability across various end users is expected to drive the growth of the industry.

Technological advancements are reshaping the market for body armor consistently. In recent years, the need for novel approaches has steadily increased. For instance, in May 2022, Ordnance Clothing Factory announced working with DRDO on the development of lightweight bulletproof vests. Technological advancements and the rising availability of lightweight body armor are anticipated to fuel industry expansion.

The demand for body armor and personal protection equipment is expected to increase as initiatives toward modernization and technological innovations prompt military forces and security agencies to opt for the latest equipment. External security threats, internal security threats, and territorial disputes are also expected to drive product demand over the forecast period.

The increase in military spending by established and emerging countries throughout the world is expected to be the key factor driving the development of the industry. For instance, as reported in March 2021, Sao Paulo military police initiated a tender for around 15,000 ballistic vests, which was based on the latest NIJ 0101.06 standard. Furthermore, increased terrorism in various nations such as the Asia Pacific and South America prompts governments to focus on increasing reinforcement of personal safety.

Rising domestic concerns like political violence and economic sabotage, as well as exterior perils like terrorist attacks and illegal trafficking, are expected to increase the demand for the global body armor market.Consequently, rising geopolitical tension and a surge in military conflicts between powerful nations worldwide are likely to increase the demand for this product to protect military troops.

Vendors active in the market are aggressively focusing on expanding their customer base and gaining a competitive edge over their competitors. For instance, in Jan 2020, 3M announced the completion of the sale of the company’s advanced-ballistic protection business for USD 91 Mn to Avon Rubber p.l.c., before closing and other adjustments.

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Body Armor Market Report Highlights

  • Protection level IIIA protection accounted for 31.9% of the global revenue share in 2021. Level IIIA vests are relatively light, flexible, and easily discrete under clothes, but can defeat a wider range of ammunition than most of the other protection levels
  • The defense segment accounted for 58.9% of the global revenue share in 2021. This can be attributed to the progression of battlefield threats such as bone-breaking batons or shrapnel in improvised explosive devices and higher expenditure by governments on the safety of the defense personnel
  • The covert style of body armor is expected to register a CAGR of 6.9% over the forecast period. Demand from civilians and covert operation officers for covert body armor products is rising, driving the growth
  • Asia Pacific is estimated to witness a CAGR of 7.0% over the forecast period owing to the growing instances of warfare and border disputes coupled with an increase in the insurgency in the region
  • Manufacturers are focusing aggressively on expanding their customer base so they pursue various strategic initiatives, including mergers & acquisitions, collaborations, and new product/ technology development. For instance, in December 2021, Alexium International Group Limited announced the launch of Eclipsys-based body armor products targeting enhanced cooling

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

Body Armor Market Segmentation

Grand View Research has segmented the global body armor market based on protection level, end-user, type, style, and region:

Body Armor Protection Level Outlook (Revenue, USD Million, 2017 - 2030)

  • Level II
  • Level IIA
  • Level III
  • Level IIIA
  • Level IV

Body Armor End-user Outlook (Revenue, USD Million, 2017 - 2030)

  • Defense
  • Law Enforcement & security personnel
  • Civilians

Body Armor Product Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Vest
  • Helmet
  • Other

Body Armor Product Style Outlook (Revenue, USD Million, 2017 - 2030)

  • Covert
  • Overt

Body Armor Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Body Armor Market

  • Safariland, LLC
  • Point Blank Enterprises, Inc.
  • Elmon SA
  • Ballistic Body Armor Pty
  • Pacific Safety Products Inc.
  • EnGarde Body Armor
  • Hellweg International Pty Ltd.
  • BAE Systems plc
  • Ceradyne Inc.
  • Avon Protection plc
  • Sarkar Tactical Ltd.
  • Craig International Ballistics Pty Ltd.
  • Armored Republic LLC

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, 27 February 2023

Move To Earn Fitness Apps Market Expected To Propel Industry Growth By 2030: Grand View Research Inc.

 Move To Earn Fitness Apps Market Growth & Trends 

The global move to earn fitness apps market size is expected to reach USD 1.8 billion by 2030, registering a CAGR of 18.3% during the forecast period, according to a new report by Grand View Research, Inc. The major factors attributing to the market growth are the rapid adoption of smartphones throughout the world and growing awareness about healthy lifestyle.

As per the report of GSMA, there were about 4.2 billion mobile internet users all over the world and the number is going to rise to 5.0 billion by 2025. Moreover, technological advancements are driving market growth as major competitors are focusing on introducing new innovative apps in the market and are also providing premium access to consumers to expand their user base. 

Presence of 3G/4G network connectivity along with the introduction of 5G is further driving the market growth. The benefits and features of these applications, such as workout calendars, workout videos, progress visualization, wearable integration, and nutrition, are resulting in an increase in the number of people adopting fitness apps, including move to earn fitness apps. In the U.K., physical inactivity is responsible for one in six deaths, and it costs the U.K. an amount of USD 10.3 billion every year. Thus, governments, all over the world, are working on various initiatives to promote everyday wellbeing. 

COVID-19 provided a growth opportunity for move to earn apps. Due to the lockdown restrictions, fitness apps were highly used for maintaining a healthy lifestyle. A growing percentage of the geriatric population and increasing awareness among elderly people about the benefits of fitness app and monitoring the current state of health is leading to a rise in the demand for move to earn fitness applications. 

In addition, factors such as rising healthcare expenditure, an increasing percentage of obesity rate, and a growing number of athletes, motivating private as well as government organizations to create new models for the fitness regime are further positively impacting the market growth. For instance, as per the survey by Brazil’s Ministry of Health, released in 2020, more than half of the population in Brazil was overweight. According to the same survey, 25.4% of women and 18.5% of men in Brazil were obese. Penetration of move to earn apps in such regions would help in boosting the market growth during the forecast period. 

The iOS segment held the largest revenue share of 46.8% in 2021. An increase in the adoption of iOS among consumers and presence of technologically advanced apps are among the key factors contributing to segment growth. The app developers and manufacturers are striving to increase their market shares through the introduction of innovative fitness and health-related apps and digitally integrated medical devices. 

North America held the largest revenue share of 37.8% in 2021. Increasing awareness about fitness & daily monitoring of health has initiated a rise in the usage of fitness apps and a substantial increase in the number of major competitors in the region. Furthermore, the market is observing a rising number of collaborations among key players, thereby resulting in the launch of new apps.  

Request a free sample copy or view report summary: Move To Earn Fitness Apps Market Report

Move To Earn Fitness Apps Market Report Highlights 

  • Move to earn fitness apps market size is anticipated to be valued at USD 1.8billion by 2030, owing to the growing awareness about healthy lifestyle and adoption of apps for the same
  • Smart phone held 67.2% of the share in 2021. This can be attributed to the increasing adoption of smart phones among consumers during the past few years
  • Based on the platform, iOS held the largest revenue share of 46.8% in 2021
  • Owing to the presence of major players and the increasing rate of obesity, with a revenue share of 37.8%, North America dominated the global market in 2021

Access Press Release@ https://www.grandviewresearch.com/press-release/global-move-to-earn-fitness-apps-market

Move To Earn Fitness Apps Market Segmentation

Grand View Research, Inc. has segmented the global move to earn fitness apps market report based on the platform, device, and region. 

Move To Earn Fitness Apps Platform Outlook (Revenue, USD Million, 2016 - 2030)

  • Android
  • iOS
  • Others

Move To Earn Fitness Apps Device Outlook (Revenue, USD Million, 2016 - 2030)

  • Smartphones
  • Tablets
  • Wearable Devices 

Move To Earn Fitness Apps Regional Outlook (Revenue, USD Million, 2016-2030)

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

List of Key Players in the Move To Earn Fitness Apps Market

  • Fit mint
  • Evidation
  • Healthy Wage
  • Sweat coin
  • Diet Bet
  • Map My Fitness
  • Vitality
  • Charity Miles
  • Higi
  • Win walk

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.

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

 Pet Care Market Growth & Trends

The global pet care market size is expected to reach USD 236.16 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 5.1% from 2022 to 2030. The year 2020 was not very promising for many industries, but it has been a boon to the pet care industry due to repeated lockdowns and the work-from-home culture leading people to take better care of their pets. This has stipulated the demand for pet services and products to a significant rise in the industry.

Moreover, the growing awareness about pet humanization, increasing purchasing power of consumers, and a rise in the demand for premium pet care products are the factors driving the growth of the industry. Due to urbanization, people have been living in smaller residential spaces, this has however increased the adoption of smaller pets such as dogs, fish, hamsters, and cats. Consumers are looking to plug the familial gap with pet companions.

In addition, premium pet care products are natural and of higher quality, and safer than regular pet care products. With the increase in demand for premium pet grooming products globally, several companies are trying to occupy majority shares in this segment. For instance, in 2020, BASF Care Creations in North America launched 3 formulations for the dog grooming segment: Creamy Co-Wash for Dogs, Fresh Obsessed Dry Shampoo Mist, and Micellar Dog Shampoo.

According to Pet Biz Marketer, pet food makes up about 3/4s of all pet industry sales. There has been a noticeable increase in the trend of pet food brands gaining market share via niche pet foods. One of the fastest-growing niche food categories is freeze-dried dog food, it is a dog food that’s freeze-dried to extend shelf life. Petfoodindustry.com reports that sales for non-traditional pet food formats are growing faster than traditional pet food.

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Pet Care Market Report Highlights

  • Based on pet type, the dog segment accounted for the largest revenue share of over 39% in 2021, due to a considerable increase in dog adoption as a result of changing lifestyles and growing knowledge of the benefits of dog companionship. Moreover, they have been shown to help with anxiety, stress, and depression, as well as loneliness, cardiovascular health, and exercise which is expected to bode well for the growth of the segment
  • Based on type, the product segment is projected to register the fastest CAGR of 5.0% from 2022 to 2030. Innovation in products such as moisturizers, creams, and lotions is likely to propel the growth. For instance, in 2021, Pure and Natural Pet, a U.S.-based pet care company launched new products to their line of pet grooming and health essentials which are USDA certified
  • North America is expected to contribute a majority of the global revenue share in 2021. During the forecast period, the rising demand for natural and premium goods is expected to drive the growth of the regional industry

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

Pet Care Market Segmentation

Grand View Research has segmented the global pet care market based on pet type, type, and region:

Pet Care Pet Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Dog
  • Cat
  • Fish
  • Bird
  • Others

Pet Care Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Products
    • Pet Litter
    • Pet Grooming Products
    • Fashion, Toys, and Accessories
  • Food
    • Dry Food
    • Wet/ Canned
    • Treats/ Snacks

Pet Care Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Pet Care Market

  • Ancol Pet Products Limited
  • Blue Buffalo Co., Ltd.
  • Champion Petfoods LP
  • Hill`s Pet Nutrition, Inc.
  • Mars, Incorporated
  • Nestle Purina PetCare
  • Petmate Holdings Co
  • Saturn Petcare GmbH
  • Tail Blazers
  • The Hartz Mountain 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.

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