Antimicrobial Resistance Diagnostics Market Latest Trends, Industry Growth And Forecast To 2030: Grand View Research Inc.

 Antimicrobial Resistance Diagnostics Market Growth & Trends

The global antimicrobial resistance diagnostics market size is expected to reach USD 6.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.2% from 2022 to 2030. The increased risk of developing drug-resistant bacterial infections, especially in healthcare facilities, and increasing government & non-government bodies’ efforts to combat the threat of AMR are the major factor contributing to market growth. In addition, various strategic initiatives undertaken by leading market players to manage antimicrobial resistance are also contributing to market expansion. For instance, in March 2021, bioMerieux and GIZ collaborated to support the Nigerian center for disease control to strengthen the fight against AMR.

The rising adoption of rapid testing and PoC tests for drug-resistant bacterial infections is anticipated to augment the market over the projected period. Moreover, leading market players such as Danaher, Abbott, and others have a robust product portfolio of rapid diagnostic tests for antimicrobial-resistant infections. Furthermore, the increasing involvement of non-government bodies such as AMR Industry Alliance is assisting regulatory bodies to make strategies to boost the development of diagnostic solutions to manage antimicrobial resistance.

Increasing funding for the development of novel and automated test solutions for the diagnosis of antimicrobial-resistant infections is anticipated to boost market growth over the forecast period. For instance, in May 2022, the European Investment Bank funded more than USD 24 million to POCARED Diagnostics for the R&D of fully automated testing of microbial diseases. POCARED Diagnostics is involved in the development of novel microbiology tests that can provide results within hours.

Antimicrobial resistance is expected to rise in the coming years. Hence, demand for accurate & fast testing options is expected to increase for the effective management and progression monitoring of antimicrobial resistance. According to the CDC, the annual direct healthcare expenditure of antimicrobial resistance is around USD 20 billion in the U.S. High cost of disease management is driving the demand for rapid tests for the diagnosis of infections at an early stage.

Key market players are continuously involved in the development of novel tests to strengthen their market position. Moreover, other strategies such as acquisitions, partnerships, and collaborations are also adopted by leading players to expand their product portfolio in different parts of the globe. For instance, in August 2022, Accelerate Diagnostics and BD announced a collaboration to combat the threat of antimicrobial resistance. As per the deal, BD will provide Accelerate Diagnostics rapid diagnostic solutions for antibiotics-associated resistance to its vast customers.

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Antimicrobial Resistance Diagnostics Market Report Highlights

• PCR held the largest share of the technology segment in 2021 owing to the high penetration and technological advancements
• Based on pathogen segment, the Methicillin resistant staphylococcus aureus accounted for the largest share in 2021 due to the high incidence rate of MRSA infections and the surge in product launches
• In end-user, the hospital segment was the highest revenue contributor in 2021 because of higher patient admissions and high incidence of bacterial infections
• In Asia Pacific, the market is expected to exhibit the fastest growth over the forecast period due to the rising investments by market players and increasing research activities in the region

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Antimicrobial Resistance Diagnostics Market Segmentation

Grand View Research has segmented the global antimicrobial resistance diagnostics market based on technology, pathogen, end user, and region:

Antimicrobial Resistance Diagnostics Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Microbiology Culture
• Immunoassay
• PCR
• NGS
• Mass Spectrometry
• Rapid & Point of Care
• Others

Antimicrobial Resistance Diagnostics Pathogen Outlook (Revenue, USD Million, 2018 - 2030)

• Drug Resistant Streptococcus Pneumoniae (DRSP)
• Drug Resistant Campylobacter (DRC)
• Clostridium Difficile (CD)
• Methicillin Resistant Staphylococcus Aureus (MRSA)
• Drug Resistant Neisseria Gonorrhoeae (DRNG)
• Drug Resistant Salmonella (DRNTS)
• Others

Antimicrobial Resistance Diagnostics End-user Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Diagnostic Laboratories
• Pharmaceutical & Biotechnology Companies
• Others

Antimicrobial Resistance Diagnostics Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Antimicrobial Resistance Diagnostics Market

• bioMerieux
• Hoffmann-La Roche Ltd.
• Abbott
• Hologic, Inc.
• BD
• Danaher
• Accelerate Diagnostics, Inc.
• Molsid
• Vela Diagnostics
• Visby Medical, Inc.
• OpGen

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.

Postpartum Products Market Predicted to Witness Steady Growth During the Forecast Period

 

Postpartum Products Market Growth & Trends

The global postpartum products market size is expected to reach USD 3.90 billion by 2030, registering a CAGR of 6.5% according to a new report by Grand View Research, Inc. A rise in the pregnancy rate globally is expected to boost the demand for postpartum products. These products help to deal with the physical changes of pregnant women post-pregnancy. However, the economic crisis caused by COVID-19 in many countries across the globe has led to a considerable decline in birth rates. For instance, a survey by the National Academy of Sciences in Europe showed that 73.0% of those planning to have a child in 2020 decided to delay or abandoned their plans entirely. This is expected to impact the market growth in the long term.

The growing burden of problems during pregnancy, especially in developing countries, is likely to upsurge the adoption of postpartum products in such countries. As per the WHO, in 2017, approximately 810 women died every day from pregnancy and childbirth. In addition, the rising awareness among consumers regarding the use of safer and more effective post-partum solutions is anticipated to propel the market growth over the forecast period.

Moreover, the presence of various e-commerce sites offering postpartum products might drive the sales of the products through this sales channel over the forecast period. Motherhood Maternity, The Moms Co., Amazon, Walmart, Babylist, and Buy Buy Baby are some of the notable e-commerce sites that offer significant discounts and prompt customer service on various postpartum products owing to which people prefer to shop via the online sites.

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Postpartum Products Market Report Highlights

• Based on product, the breastfeeding accessories segment dominated the market with a revenue share of over 55.0% in 2020 owing to the growing awareness among new mothers regarding the benefits of postpartum products
• Based on sales channel, the hospital pharmacy (inpatient) segment dominated the market with a revenue share of over 35.0% in 2020 due to the easy availability of a wide range of postpartum products. Moreover, hospital pharmacists help consumers in seeking advice, which is an added advantage
• Asia Pacific dominated the market with a revenue share of over 40.0% in 2020. The rising awareness level, coupled with the presence of a large population in this region, is expected to boost the demand for postpartum products over the forecast period

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Postpartum Products Market Segmentation

Grand View Research has segmented the global postpartum products market based on product and sales channel:

Postpartum Products Outlook (Revenue, USD Million, 2018 - 2030)

• Breastfeeding Accessories
  • Breast Pads
  • Nipple Care Products
  • Breast Shells
  • Breastmilk Preparation & Cleaning Products
  • Breastmilk Storage & Feeding
  • Other Accessories
• Perineal Cooling Pads
• Others

Postpartum Products Sales Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Hospital Pharmacy (Inpatient)
• Retail Store
• E-commerce
• Wholesaler/Distributor
• Direct Purchase

Postpartum Products Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Postpartum Products Market

• Koninklijke Philips N.V.
• Medela LLC
• Newell Brands
• Ameda
• NUBY
• Mayborn Group Limited
• Edge well Personal Care
• Handi-craft Company (Dr. Brown’s)
• Artsana S.P.A
• Medline

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.

Sugar Substitutes Market to Witness Exponential Growth by 2030: Grand View Research Inc.

 Sugar Substitutes Market Growth & Trends

The global sugar substitutes market size is expected to reach USD 10.42 billion by 2030, registering a CAGR of 5.9% from 2022 to 2030, according to a new report by Grand View Research, Inc. Growing consumer inclination toward low-calorie foods and beverages, particularly in developing countries, are expected to propel the industry growth during the forecast period. In addition, increasing demand for immunity boosters and less-sugary products owing to the rising consumer awareness to improve their general health and well-being is expected to accelerate the industry growth. COVID-19 had forced governments to impose lockdowns, due to which more than half of people's physical activity had been reduced.

Moreover, eating has also become more common when people are binge-watching television shows at home, and in response to various types of mental stress. Individuals are increasingly concerned regarding their health as a consequence of COVID-19 casualties; this factor influenced them to seek low-calorie sugar food items. Sugar substitutes, such as tagatose, aspartame saccharine, and sorbitol are widely used in the food & beverage, healthcare, and cosmetics industries. The rising use of sugar substitutes in frozen foods, confectioneries, bakeries, and dairy is expected to benefit the industry. The increased incidences of health problems associated with sugar intake, such as diabetes and obesity, in developing markets are driving industry growth.

Furthermore, sugar substitutes are expected to benefit from fluctuating supply as well as the pricing of sugar. The market for low-calorie, plant-based, and naturally sweet ingredients has grown, with stevia and monk fruit being high-intensity plant-based sweeteners certified by FDA GRAS. Furthermore, global demand for natural and clean-label food products is increasing as consumers have become more aware of the adverse health consequences of using artificial ingredients. According to a report by the Food & Health Survey, approximately 74% of U.S. consumers avoided sugar in their diets in 2020. In addition, the number of new product innovations emphasizing plant-based products to combat rising obesity is increasing significantly.

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Sugar Substitutes Market Report Highlights

• The high-intensity sweeteners segment held the largest revenue share in 2021 as only small quantities are required to produce the equivalent sweetness as regular sugar
• The beverage application segment dominated the global industry in 2021 due to the rising demand for low-calorie sports and health drinks among consumers
• Asia Pacific is estimated to register the second-fastest growth rate during the forecast period owing to the rising number of diabetic patients in developing countries like India and China
• Europe is anticipated to witness a rapid growth rate during the forecast period owing to the presence of numerous businesses that produce sugar substitutes, including Roquette Freres, Tate & Lyle, and E. I. DuPont De Nemours, among others
• The region is also seeing a rise in the use of sugar substitutes due to the rising number of diabetic patients
• According to the World Health Organization (WHO), around 60 million people in the European Region, or 9.6% of women and 10.3% of men aged 25 years and over, have diabetes

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Sugar Substitutes Market Segmentation

Grand View Research has segmented the global sugar substitutes market based on type, application, and region:

Sugar Substitute Type Outlook (Volume, Thousand Tons; Revenue, USD Million, 2017 - 2030)

• High-intensity Sweeteners
  • Natural
    • Stevia Extracts
    • Licorice Root Extracts
    • Monk Fruit Extracts
  • Artificial
    • Aspartame
    • Cyclamate
    • Saccharin
    • Sucralose
    • Others
  • Low-intensity Sweeteners
    • Xylitol
    • Sorbitol
    • Maltitol
    • Mannitol
    • Trehalose
    • Isomaltulose
    • Others
  • High Fructose Syrup

Sugar Substitute Application Outlook (Volume, Thousand Tons; Revenue, USD Million, 2017 - 2030)

• Food
  • Bakery
  • Confectionery
  • Dairy
  • Others
• Beverages
  • Juices
  • Functional Drinks
  • Carbonated Drinks
  • Non-Dairy
  • Milk and Dairy
  • Others
• Health & Personal Care

Sugar Substitute Regional Outlook (Volume, Thousand Tons; Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Sugar Substitutes Market

• Tate & Lyle
• Cargill, Inc.
• Archer Daniels Midland Company (ADM)
• Ingredion Inc.
• Roquette Freres
• Ajinomoto Co.
• JK Sucralose Inc.
• The NutraSweet Company
• PureCircle
• I. DuPont De Nemours

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.

Mattress Market Is Expected To Gain Significant Traction Over The Forecast Period: Grand View Research Inc.

 Mattress Market Growth & Trends

The global mattress market size is expected to reach USD 67.5 billion by 2030, registering a CAGR of 6.2% over the forecast period, according to a new report by Grand View Research, Inc. Increasing cases of back problems associated with uncomfortable sleeping surfaces are boosting the demand for innerspring mattresses. Another major factor driving the segment growth is the improving condition of the housing market, along with enhanced purchasing power parity across the globe. The rapidly growing real estate industry, coupled with a rise in residential and personal spaces including apartments, and houses among others across the globe, is fueling the product demand. The majority of the consumers reported that they would consider making huge purchases for the household because of a considerable amount of time spent at home, which made them notice various aspects that might need to be updated or are missing.

In terms of value, the foam mattress segment dominated the industry and will account for the largest revenue share by 2030. Memory foam is widely used in the commercial sector, especially in hospitals, as it offers several benefits. Memory foam molds as per the body in response to heat and pressure, thereby evenly distributing body weight. The design technique of memory foam mattresses is such that it returns to their original shape once the pressure is removed. North America held the second-largest share in 2021 owing to an increased number of home renovation activities that include personalizing according to recent trends and consumer needs.

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. Manufacturing these products requires low capital investment, and thus, a number of players are entering the market. This has led to price competitiveness in the industry. With changing buying behavior of consumers, premium mattresses including memory foam and latex mattresses have also been experiencing traction among consumers. In addition, increasing cases of severe back problems, mainly caused by uncomfortable sleeping surfaces, are likely to play a vital role in boosting the demand for specialty mattresses, such as airbeds, waterbeds, and foam-based mattresses.

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Mattress Market Report Highlights

• The foam segment led the industry in 2021 owing to the increased preference for these products in the domestic and commercial sectors
• The queen-size mattress segment led the industry in 2021 on account of the low cost of these products. Moreover, these mattresses provide more sleeping space than single- & double-size mattresses
• The household segment is expected to register the fastest CAGR from 2022 to 2030 due to the increasing availability of premium mattress products with numerous functional benefits
• The online distribution channel segment is expected to witness a substantial growth rate over the forecast period
• According to a blog by Sleepyhead in 2022, manufacturers are providing novel offerings, like a 100-night free trial, which would have been unthinkable a decade ago if consumers wanted to buy a mattress without going through the retail experience. Due to this strategy, buyers feel confident while purchasing mattresses online
• Asia Pacific was the largest region in 2021 and is expected to register a considerable CAGR over the forecast period due to changing lifestyles according to the recent trends in home décor

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Mattress Market Segmentation

Grand View Research has segmented the global mattress market on the basis of type, size, end-use, distribution channel, and region:

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

• Innerspring
• Foam
• Hybrid
• Others

Mattress Size Outlook (Revenue, USD Million, 2017 - 2030)

• Single
• Double
• Queen
• King

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

• Household
• Commercial

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

• Offline
• Online

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

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

List of Key Players of Mattress Market

• Tempur Sealy International, Inc.
• Serta Simmons Bedding LLC
• Spring Air International
• Sleep Number Corp.
• Kingsdown, Inc.
• Southerland Sleep
• Boll & Branch
• Casper Sleep 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.

Metagenomics Market is Expected to Enhance USD 4.87 Billion Revenue By 2030: Grand View Research Inc.

 Metagenomics Market Growth & Trends

The global metagenomics market size is expected to reach USD 4.87 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to expand at a CAGR of 14.4% from 2022 to 2030. The increasing research in genomics and proteomics, the rising adoption of personalized medicines, and escalating requirement for biologic products are driving the demand for sequencing, fueling the growth of the industry. For instance, in August 2022, Illumina, Inc. announced its plans to expand genomics operations in Brazil by developing a solution center. The establishment of the new facility is the result of rising demand for clinical genomics and accelerating the company's footprint in Latin America.

A boost in R&D investments by the players is estimated to have a considerable impact on the usage of metagenomics in numerous applications. For instance, in April 2021, Agilent Technologies, Inc. acquired Resolution Bioscience, Inc., an NGS-based precision oncology solution developing company. The combination of Resolution Bioscience's noninvasive liquid biopsy platform with Agilent's tissue-based companion diagnostics is anticipated to expand Agilent's market position in NGS technologies for precision oncology.

Another factor contributing to the high adoption of metagenomics for environmental use is the direct involvement of microorganisms in the biogeochemical cycle. The degradation of carbon sources such as petroleum hydrocarbons by microbes has encouraged researchers to study metagenomics processes for the production of biofuels. In addition, the presence of a large number of undiscovered biomolecules in non-cultured microorganisms accelerated the adoption of metagenomics in agriculture, food safety, chemical, industrial, and other related applications.

Since the outbreak of COVID-19, key stakeholders in the life sciences and biotechnology industry are seeking solutions for COVID-19 tracking, detection, and treatment. Metagenomics analysis plays a crucial role in the detection and tracing of the virus. Various sequencing surveillance platforms and solutions are being deployed for effective diagnosis of infection. For instance, in May 2021, Oxford University and Oracle announced a strategic partnership to develop robust cloud-based genomic sequencing and analysis platform to mitigate the risk of coronavirus infection.

Moreover, funds provided by the government for promoting research in academic institutes, which use NGS platforms, further increase the usage of metagenomics tools. For instance, in February 2021, the Canadian government invested USD 53 million to implement a multilayered approach for the diagnosis of COVID-19. The Canadian government will utilize genome sequencing and analysis technologies to achieve desired outcomes.

The quality of data generated through metagenomics is another factor that increases the cost of analysis. The quality of data is highly dependent on the average number of times the bases are run during the sequencing process. The high-quality analysis is expensive. However, the adoption of emerging novel techniques, such as RNA-Seq, is rapidly increasing owing to accuracy and rapid results along with a decline in prices. It is observed that the cost of sequencing falls 5 to 10 times every year and the value of computing power doubles every two years.

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Metagenomics Market Report Highlights

• By product, the kits & reagents segment accounts for the largest market share. The demand in terms of volumes is high for these products. High market penetration of kits and reagents further contributes toward their highest revenue share
• By technology, the shotgun sequencing segment is estimated to have the largest share with the fastest CAGR over the forecast period. The advantages such as the ability to read all genomic DNA in a sample give a competitive edge to the technology resulting in the growing adoption of shotgun sequencing among researchers
• By application, the clinical diagnostics segment is anticipated to have the fastest CAGR throughout the forecast period. Owing to the research initiatives for the development of personalized therapies using sequencing technology are expected to impact growth in the area of clinical research, hence, propelling the growth
• By workflow, the sequencing segment held the largest share in 2021, owing to the adoption of easy workflow models, demand for rapid results, and lower cost of per sample analysis compared to the price of systems driving the demand for sequencing & data analytics services
• North America dominated the global metagenomics industry in 2021 owing to the presence of well-established marketing and distribution network of major companies and large-sized research & academic institutes, which focus on genomic studies
• A few of the key players include Illumina. Inc.; Thermo Fisher Scientific, Inc.; QIAGEN; and Promega Corporation

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Metagenomics Market Segmentation

Grand View Research has segmented the global metagenomics market based on product, technology, workflow, application, and region:

Metagenomics Product Outlook (Revenue, USD Million, 2018 - 2030)

• Kits & Reagents
• Sequencing & Data Analytics Services
• Software

Metagenomics Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Shotgun Sequencing
• 16S Sequencing
• Whole Genome Sequencing
• Others

Metagenomics Workflow Outlook (Revenue, USD Million, 2018 - 2030)

• Pre-sequencing
• Sequencing
• Data Analysis

Metagenomics Application Outlook (Revenue, USD Million, 2018 - 2030)

• Environmental
• Clinical Diagnostics
• Drug Discovery
• Biotechnology
• Food & Nutrition
• Others

Metagenomics Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Metagenomics Market

• Bio-Rad Laboratories
• Illumina, Inc.
• PerkinElmer, Inc. 
• Thermo Fisher Scientific, Inc.
• Novogene Co., Ltd.
• Promega Corporation
• QIAGEN
• Takara Bio, Inc.
• Oxford Nanopore Technologies
• Hoffmann-La Roche 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.

Vegan Food Market is Estimated To Attain USD 37.45 Billion by 2030

 Vegan Food Market Growth & Trends

The global vegan food market size was estimated to reach USD 37.45 billion in 2030 and is anticipated to expand at a CAGR of 10.6% from 2022 to 2030, according to a new report by Grand View Research, Inc. Rising consumer preference for plant-based food owing to the growing animal cruelty and awareness regarding the health benefits of a vegan diet are the major factors expected to drive the industry’s growth. However, high prices of vegan foods owing to their expensive manufacturing process are anticipated to hamper the growth.

The growth of the global vegan food industry is supported by growing veganism across the globe. Vegan food helps improve metabolism as it is rich in fiber. This has resulted in its increasing adoption which is anticipated to fuel the growth of the industry. Moreover, increasing initiatives by key players to launch plant-based food in both developed and developing countries are fueling market growth during the forecast period.

The meat & seafood segment is expected to register the fastest CAGR during the forecast period. The significant presence and high demand for plant-based meat in developing countries are expected to drive the growth of the segment. The availability of a variety of meat categories coupled with the availability of a wide range of plant-based meat products including deli slices, meatballs, tenders, chicken nuggets, and others is driving the growth.

The offline distribution channel led the market and is estimated to continue dominating during the forecast period. The high share is attributed to the easy accessibility of offline stores. Products from different brands are easily available in one place in offline stores resulting in their higher purchase. Moreover, offline distribution channels such as convenience stores, supermarkets, hypermarkets, and others provide the facility of physical verification of the product, which is further expected to drive segment growth.

North America accounted for the largest revenue share in 2021. The growing number of campaigns on social media regarding vegan food adoption by celebrities such as Jake Gyllenhaal and Serena Williams is driving the market growth. Moreover, the increasing demand and adoption of dairy alternatives among consumers owing to the high presence of lactose intolerant population in the region is a key factor contributing to the growth.

Major industry players include Amy's Kitchen; Danone S.A; Daiya Foods Inc.; Beyond Meat; Tofutti Brands Inc.; Plamil Foods Ltd; VBites Foods Limited; Eden Foods Inc.; VITASOY International Holdings Limited; and SunOpta. Various steps are adopted by these companies including global expansion, partnerships, acquisitions & mergers, development & launch of new products, and others to gain a larger market share.

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Vegan Food Market Report Highlights

• Asia Pacific is expected to register the fastest CAGR over the forecast period owing to the growing demand for plant-based food and rising health consciousness among consumers
• The yogurt segment is estimated to grow at the second highest CAGR over the forecast period. The rising preference for dairy-free products among millennials is expected to drive the segment’s growth
• The vegan cheese segment is expected to expand at a significant CAGR over the forecast period. The increasing consumption of vegan cheese by lactose intolerant consumers is anticipated to contribute to the growth of the segment

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

Vegan Food Market Segmentation

Grand View Research has segmented the global vegan food market based on product, distribution channel, and region:

Vegan Food Product Outlook (Revenue, USD Million, 2017 - 2030)

• Meat & Seafood
• Creamer
• Ice Cream and Frozen Novelties
• Yogurt
• Cheese
• Butter
• Meals
• Protein Bars
• Others

Vegan Food Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Offline
• Online

Vegan Food Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Vegan Food Market

• Amy's Kitchen
• Danone S.A
• Daiya Foods Inc.
• Beyond Meat
• Tofutti Brands Inc.
• Plamil Foods Ltd
• VBites Foods Limited
• Eden Foods Inc.
• VITASOY International Holdings Limited

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.

Accountable Care Solutions Market Forecast 2030: Top Companies, Trends and Growth Factors Details for Business Development

 Accountable Care Solutions Market Growth & Trends

The global accountable care solutions market size is expected to reach USD 49.3 billion by 2030, according to a new report by Grand View Research, Inc. The industry is expected to grow at a CAGR of 11.5% during the forecast period. Accountable care solutions help proactively identify chronic conditions in patients, which helps reduce hospital stays and healthcare costs considerably. This is a key factor driving the demand for accountable care solutions. The rising number of Accountable Care Organizations (ACOs) offering services at considerably lower costs is expected to increase the adoption of these solutions, thereby positively impacting the industry growth.

For instance, according to an article by Fierce Healthcare in January 2022, the number of ACOs participating in the Medicare Shared Savings Program (MSSP) in the U.S. increased to 483 in 2022 as compared to 477 in 2021. The article also states that the number of Medicare beneficiaries receiving care from a provider in MSSP ACO reached more than 11 million as of January 2021. Moreover, additional features offered by accountable care solutions, such as telehealth services, which help patients receive remote care through their phones or computers, are anticipated to bolster the adoption of these solutions. For instance, in March 2022, Collaborative Health Systems, a population health management organization, and Community Care Alliance, an accountable care organization, announced a venture.

Through this venture, they will provide value-based care in rural Colorado and eastern Utah. The venture aims to lower the healthcare costs for Medicare beneficiaries by operating Medicare ACOs and entering into value-based contracts with Medicare Advantage organizations. The venture has the prospect to reach 20,000 patients and several more non-Medicare populations. Furthermore, the rising number of partnerships and joint ventures between insurance companies and healthcare providers to enhance revenue flow and offer healthcare services at a lower cost through the adoption of ACO is anticipated to increase industry growth. For instance, in 2020, according to the Centers for Medicare and Medicaid Services, ACOs participating in MSSP earned shared savings of about USD 2.3 billion.

This helped Medicare save USD 1.9 billion. In addition, various government initiatives undertaken to increase the profitability of healthcare operations by the implementation of eHealth, Electronic Health Records (EHRs), and revenue systems to provide better care to the patients and provide patient-centric solutions are anticipated to drive industry growth during the forecast period. For instance, according to an article by HealthIT.gov, published in 2021, 86% of non-federal general acute care hospitals had adopted EHR systems.

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Accountable Care Solutions Market Report Highlights

• In 2021, the software segment dominated the industry due to the use of software to streamline workflows and offer better patient care and safety
• In 2021, the Population Health Management (PHM) solutions segment accounted for the maximum share owing to the increasing demand as these solutions help reduce healthcare costs and hospital re-admissions
• In 2021, the web & cloud-based segment dominated the global industry due to better availability and cost efficiency of the services offered by the web & cloud-based solutions
• In 2021, the healthcare providers segment held the largest revenue share due to the rising adoption of accountable care solutions to provide better healthcare services to the patients at reduced costs
• North America led the global industry in 2021 due to higher adoption of digital solutions and automation in healthcare facilities
• The rising number of initiatives undertaken by the key players is anticipated to drive the region’s growth over the coming years

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

Accountable Care Solutions Market Segmentation

Grand View Research, Inc. has segmented the global accountable care solutions market based on component, solution, delivery mode, end-user, and region:

Accountable Care Solutions Component Outlook (Revenue, USD Million, 2016 - 2030)

• Software
• Services

Accountable Care Solutions Outlook (Revenue, USD Million, 2016 - 2030)

• Electronic Health/Medical Records
• Healthcare Analytics
• Revenue Cycle Management Solutions (RCM)
• Patient Engagement Solutions
• Population Health Management (PHM) Solutions
• Claims Management Solutions
• Healthcare Information Exchange (HIE)
• Others

Accountable Care Solutions Delivery Mode Outlook (Revenue, USD Million, 2016 - 2030)

• Web & Cloud-based
• On-premises

Accountable Care Solutions End-user Outlook (Revenue, USD Million, 2016 - 2030)

• Healthcare Providers
• Healthcare Payers

Accountable Care Solutions Regional Outlook (Revenue, USD Million, 2016 - 2030)

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

List of Key Players in Accountable Care Solutions Market

• Cerner Corp.
• IBM Corp.
• UnitedHealth Group
• Aetna, Inc.
• Allscripts Healthcare Solutions, Inc.
• Epic Systems Corp.
• McKesson Corp.
• Zeomega Inc.
• Verisk Health, Inc.
• Eclinicalworks, 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.

Teleradiology Market Size Projected to Rise Lucratively during 2022 to 2030: Grand View Research Inc.

 Teleradiology Market Growth & Trends

The global teleradiology market size is expected to reach USD 6.28 billion by 2030 registering a CAGR of 12.5% from 2022 to 2030,  according to a new report by Grand View Research, Inc. The growing prevalence of chronic disorders, the introduction of technologically advanced diagnoses, and an increasing need for teleradiology for emergencies and second opinions are stimulating demand for teleradiology services.

The shortage of radiologists coupled with a continuously rising demand for imaging procedures is also expected to drive market growth. Although, the number of radiology equipment installed in the countries such as the U.K., U.S., and Singapore has increased over years; however, it is unable to meet the rising demand for diagnostics imaging. For instance, as per the NHS report, the average waiting time for an MRI test is reported to be 22 days in England in the year 2021.

In addition, legislative amendments made by the various governments worldwide for diagnostic imaging services will enhance the growth of this market during the forecast period. For instance, amendments in Australia’s Health Insurance Act 1973 for diagnostic imaging have enabled Medicare funding for these diagnostic imaging services since March 2008. This has allowed better access to diagnostic imaging for various conditions. North America was the major regional market in 2021 and accounted for 39.09% of the global share due to the factors, such as the higher amount of funding for R&D, patient awareness levels, and cancer prevalence.

Aging is considered as the greatest risk factor for developing degenerative disorders of the joints, such as osteoporosis. Thus, the growing geriatric population, globally, is expected to be a high-impact rendering driver of the market. Osteoarthritis and osteoporosis are some of the most common disorders in the population aged over 70 years. The growing prevalence of these disorders is leading to an increase in the economic burden on many countries, thereby growing demand for teleradiology.

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Teleradiology Market Report Highlights

• X-ray held the largest market share in 2021 owing to its wide applications, such as in the detection of dental injuries and fractures in bones
• Based on report type, the preliminary reports segment held the largest market share in 2021
• Based on end-use, hospitals held the largest market share in 2021, owing to large patient base, building financial capacity, and receptivity to advanced technology
• North America held the largest teleradiology market share in 2021 due to wide usage of the advanced technologies and the presence of key companies along with established healthcare infrastructure in the region
• Asia Pacific is expected to be the fastest-growing region during the forecast period due to the supportive government regulations for the expansion of teleradiology and the quick adoption of the new technologies
• Most of the manufacturing companies focus on expanding their product portfolios and entering untapped markets, such as Asia Pacific

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

Teleradiology Market Segmentation

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

Teleradiology Product Outlook (Revenue in USD Million, 2018- 2030)

• X-ray
• Ultrasound
• Magnetic Resonance Imaging (MRI)
• Computed Tomography (CT)
• Nuclear Imaging

Teleradiology Report Type Outlook (Revenue in USD Million, 2018 - 2030)

• Preliminary Reports
• Final Reports

Teleradiology End-Use Outlook (Revenue, USD Million; 2018 - 2030)

• Hospitals
• Ambulatory Imaging Center
• Radiology Clinics

Teleradiology Region Outlook (Revenue, USD Million; 2018 - 2030)

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

List of Key Players in the Teleradiology Market

• Virtual Radiologic (vRad)
• Agfa-Gevaert Group
• ONRAD, Inc.
• Ever light Radiology
• 4ways Healthcare Ltd.
• Ram Soft, Inc.
• USARAD Holdings, Inc.
• Koninklijke Philips N.V.
• Matrix (Teleradiology Division of Radiology Partners)
• Medica Group PLC

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.

Dietary Fibers Market to Incur Meteoric Growth During 2022 to 2030: Grand View Research Inc.

 Dietary Fibers Market Growth & Trends

The global dietary fibers market size is expected to reach USD 14.93 billion by 2030, registering CAGR of 9.2% during the forecast period, according to a new report by Grand View Research, Inc. Demand for the dietary fibers is anticipated to be driven by the increasing consumer awareness regarding health, wellness & nutrition, a shift from the pharmaceutical to nutraceuticals products, and rising demand for the food products, enriched with the fibers, among consumers.

Rise in customer preference for the natural products is a major factor that influences the market growth. Awareness and rising concerns regarding preventive healthcare and the effectiveness of the dietary fibers on overall health are the factors driving the market growth. Demand for the foods with dietary fibers has risen owing to an increase in the consumption of functional foods, which has the potential to enhance health as well as provide basic nutrition which will positively impact the market growth in coming years.

Recent development in manufacturing technologies has led to the emergence of microwave, ultrasound, and high-pressure processing to derive a higher yield of dietary fibers while maintaining their functionality. These processes significantly reduce the time and required temperature, which concurrently leads to reducing the energy consumption during processing. The advent of green technologies is expected to boost the market growth.

Consumers are gradually becoming interested in consuming probiotics to improve gut health, which is boosting focus on the consumption of probiotic-induced functional beverages. This is expected to increase demand for dietary fibers. Beverage manufacturers, on the other hand, are increasingly focusing on new product development and the use of probiotics in dairy, grain-based products, dairy alternatives, fermented beverages, fruit and vegetable-based products, and ready-to-eat snacks and drinks.  This is also expected to drive the dietary fibers market during the forecast period.

Technological developments in various fields of end-use manufacturing industries, as well as increased usage of the dietary fibers among various industries, are fueling dietary fiber demand growth. Besides, the continued trend of plant-based diets in countries such as Italy, China, the UK, and the U.S. is also expected to drive market demand for dietary fibers in the food & beverages industry.

Europe is witnessing an increased demand for the dietary fibers owing to rising health consciousness, diet consciousness, introduction of the advanced technologies, growing disposable income, and expanding middle-class population. Furthermore, in Europe, the bakery industry has been significantly contributing to demand for the dietary fibers owing to the increasing popularity of natural and healthy bakery products, containing dietary fibers.

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Dietary Fibers Market Report Highlights

• Soluble fibers led the market in terms of revenue, owing to some of the major advantages of soluble fibers, which includes reduction of cholesterol levels and keeping blood sugar levels normal
• Food and beverages application segment is expected to be the fastest growing application with a CAGR of 9.6%. This can be attributed to the growing trend of consuming healthy and functional food products among consumers
• Asia Pacific dominated the regional segment in terms of revenue with a share of 39.0% and is expected to grow rapidly during the forecast period. The market players have been undertaking mergers and acquisitions as well as capacity expansions to improve their technical expertise and to enable them to offer enhanced products to the consumers

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

Dietary Fibers Market Segmentation

Grand View Research has segmented the global dietary fibers market based on the raw material, type, application, and region:

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

• Fruits & Vegetables
• Cereals & Grains
• Nuts & Seeds
• Legumes

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

• Insoluble
  • Cellulose
  • Hemicellulose
  • Chitin & Chitosan
  • Lignin
  • Oat Bran
  • Wheat Fiber
  • Others
• Soluble
  • Inulin
  • Pectin
  • Beta-Glucan
  • Corn Fibers
  • Others

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

• Food & Beverages
• Pharmaceuticals
• Animal Feed
• Others

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

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

Some of the major companies in global Dietary Fibers Market include

• BENEO
• Lonza
• DuPont de Nemours, Inc.
• Archer Daniels Midland Company (ADM)
• Batory Foods
• Ingredion Incorporated
• Roquette Freres
• PURIS
• Tate & Lyle
• Emsland Group
• Cargill, Incorporated
• Kerry Inc.
• The Green Labs LLC
• Nexira
• Far best Brands
• RETTENMAIER & SOHNE GmbH + Co KG
• Taiyo International
• AGT Food and Ingredients

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.