Pressure Mapping Systems In Healthcare Market to Register Stable Expansion During 2023 – 2030: Grand View Research Inc.

 Pressure Mapping Systems In Healthcare Market Growth & Trends

The global pressure mapping systems in healthcare market size is expected to reach USD 799.1 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.9% from 2023 to 2030. Pressure mapping systems are devices used to monitor pressure distribution by the healthcare professionals.

The systems are used by healthcare professionals to prevent any potential injuries in patients, which can occur due to prolonged pressure on certain body parts that can cause injuries such as pressure ulcers. The condition is common among patients who are confined to wheelchairs or are bedridden due to medical conditions such as Alzheimer’s, amputations, paralysis, or multiple sclerosis. These conditions usually impair the movement of the patient, which increases the risk. According to an article by NCBI dated July 2022, the global prevalence of the condition was estimated to be 12.8%. The use of these systems helps to considerably reduce the condition as the systems display the data regarding the pressure points.

Moreover, increasing prevalence of chronic conditions such as Alzheimer’s, paralysis, multiple sclerosis, and amputations is expected to drive the demand for the systems during the forecast period. For instance, according to an article by single care dated March 2022, 2.8 million people suffered from multiple sclerosis worldwide. Multiple sclerosis causes muscle spasms, weakness, fatigue, and disability in severe conditions. These systems are used for gait posture research, which aids the clinicians to diagnose lower limb problems and prevent injury.

Moreover, the availability of foot insoles with sensors helps to prevent and diagnose injuries in athletes and patients with foot injuries. These sensors help patients suffering from foot deformities and poor balance in improving their conditions. For instance, according to an article by Herald Scholarly Open Access dated January 2021, the global prevalence of foot deformity was 36.5% in 2021. The PPS Foot Pressure Mapping System has sensors to measure and analyze foot pressure distribution that helps clinicians in gait analysis, diabetic foot complications, and other disciplines.

Rising number of initiatives such as mergers and acquisitions undertaken by key players in the market is expected to boost the growth. Moreover, introduction of technologically advanced products by the key players is expected to further increase the market growth. For instance, in December 2021, Tekscan announced the launch of FScan 64 2.0, which is a Bluetooth enabled, cord free in-shoe foot insole. The system helps to capture pressure, force, and temporal gait data that help the physicians to identify and correct asymmetries and issues in gait cycle.

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Pressure Mapping Systems In Healthcare Market Report Highlights

• In 2022, the hospital beds/mattresses segment held the largest share of over 35.0% due to the adoption of these systems to prevent injuries among patients
• In 2022, North America held the largest share of over 40.0%. Factors such as the higher prevalence of injuries that cause immobility issues in patients contributed to the market growth
• Asia Pacific is projected to register the fastest growth rate during the forecast period. The growing geriatric population in countries such as Japan and China is contributing to the growth of the regional market

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Pressure Mapping Systems In Healthcare Market Segmentation

Grand View Research, Inc. has segmented the global pressure mapping systems in the healthcare market based on application and region:

Pressure Mapping Systems In Healthcare Application Outlook (Revenue, USD Million, 2017 - 2030)

• Hospital Beds/ Mattresses
• Wheelchair
• Foot Insoles
• Others

Pressure Mapping Systems In Healthcare Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Pressure Mapping Systems In Healthcare Market

• Tekscan, Inc.
• Sensor Products Inc.
• PPS
• XSENSOR Technology Corporation
• Vista Medical
• FSRTEK
• Blue Chip Medical Products

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.

Latent Tuberculosis Infection Detection Market is Likely To Touch USD 2.2 Billion by 2030: Grand View Research Inc.

 Latent Tuberculosis Infection Detection Market Growth & Trends

The global latent tuberculosis infection detection market size is expected to reach USD 2.2 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.6% from 2022 to 2030. The increased risk of developing active disease from latent tuberculosis infection (LTBI) coupled with the surge in the geriatric population globally is one of the major driving factors for the market growth. In addition, rising awareness about TB detection and various government initiatives for effective diagnosis and screening of tuberculosis infection is another factor contributing to market expansion. For instance, in July 2021, the UKHSA and NHS of England launched a 5-year plan to decrease TB cases in the country.

The market growth is fueled by the increase in the geriatric population across the globe. For instance, according to the elderly population report of America’s Health Rankings 2021, more than 54 million population aged more than 65 years in the U.S. which accounts for 16.5% of the country’s population. The geriatric population is highly susceptible to developing latent TB infection. Policymakers and public health officials are making improvements in policies to improve the health of older in the country.

Furthermore, ongoing funding activities by leading organizations to promote the diagnosis and testing for tuberculosis are also expected to fuel market growth. For instance, Unitaid is a leading health agency engaged in discovering quick solutions for diseases. In September 2022, the Unitaid launched funding of USD 30 million to boost tuberculosis detection. This funding will support the development of same-day tests and also help in the development of novel diagnostic technologies for tuberculosis.

Similarly, the Global Fund provides support and funding for the management of infectious diseases such as tuberculosis, malaria, and HIV. The organization provides around 76% of global financing for tuberculosis and it has invested around USD 8.5 billion for the management of tuberculosis. Furthermore, in August 2021, the Global Fund provide funds to FIND for the advancement of TB diagnosis and prevention in India. This investment optimized laboratory quality for early diagnosis of TB and improved tuberculosis diagnostic capacity in the country.

In addition, the rising testing efforts globally to promote the diagnosis of TB infection are expected to support market expansion. For instance, in March 2022, QIAGEN N.V. announced that the company has sold 100 million QuantiFERON blood tests since its launch. After this, the company decided to expand QuantiFERON to reach more patients across the globe. Moreover, various strategic initiatives undertaken by leading players to enhance their market share are another factor facilitating market expansion. For instance, in October 2021, QIAGEN announced CE mark approval and roll-out of the QIAreach QuantiFERON-TB test for tuberculosis infection diagnosis.

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Latent Tuberculosis Infection Detection Market Report Highlights

• In test type, the IGRA segment is expected to grow at the fastest rate over the forecast period owing to increasing recommendations for IGRAs from various public health authorities
• Based on application segment, the PLHIV accounted for the largest revenue share in 2021 due to the rising risk of developing TB in people suffering from HIV infection
• The diagnostic laboratories segment was the highest revenue contributor in 2021. Whereas the academic and research institutions segment is expected to exhibit the fastest CAGR during the projected period
• Asia Pacific 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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Latent Tuberculosis Infection Detection Market Segmentation

Grand View Research has segmented the global latent tuberculosis infection detection market based on test type, application, end-user, and region:

LTBI Detection Test Type Outlook (Revenue, USD Million, 2018 - 2030)

• Tuberculin Skin Test (TST)
• Interferon Gamma Released Assay (IGRA)

LTBI Detection Application Outlook (Revenue, USD Million, 2018 - 2030)

• Household Contacts with Pulmonary TB
• PLHIV
• Others

LTBI Detection End-user Outlook (Revenue, USD Million, 2018 - 2030)

• Diagnostic Laboratories
• Hospitals/Clinics
• Academic & Research Institutions

LTBI Detection 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 Latest Tuberculosis Infection (LTBI) Detection Market

• bioMerieux
• Hoffmann-La Roche Ltd.
• Abbott
• Sanofi
• Oxford Immunotec USA, Inc.
• Becton, Dickinson, and Company
• Serum Institute of India Pvt. Ltd
• Lionex GmbH

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.

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

 Microphone Market Growth & Trends

The global microphone market size is expected to reach USD 9.99 billion by 2030, expanding at a CAGR of 5.4% from 2022 to 2030, according to a recent study by Grand View Research, Inc. The rising adoption of microphones in the music industry is driving the growth of the global microphones market. Online shows and events have become increasingly popular due to easy access to the internet & smartphones. The internet on-demand video market has grown significantly, especially since the introduction of premium streaming platforms.

Potential end-users, including stand-up comedians and motivational speakers, provide a significant opportunity for the market to grow. Thus, a noticeable increase in the number of events and online shows is expected to increase demand for mics and spseakers, which is expected to support the growth of the microphones market.

The COVID-19 pandemic led to an economic slowdown and a drop in disposable income globally. The low earning capability forced consumers to purchase essential products primarily over non-essential ones such as electronic products that include microphones, speakers, and more. This situation hampered the demand in the global microphone industry. Furthermore, technical issues and difficulties such as wireless connection blockages, physical distance, and reception fade are expected to hamper the growth of the market for microphones.

Several major countries and booming economies have seen substantial losses and slowed growth during the lockdown period. As the pandemic hit the market, it became incredibly difficult for manufacturers of wireless microphone systems to continue operations. The economies of various nations have suffered greatly as a result of lockdowns due to the COVID-19 outbreak. The reduction of investments in several core industries has led to the decline of the wireless microphone market.

The chipset shortage at the global level has hampered the microphone industry. Semiconductors are primarily used in several electronic devices, including microphones. The disruption in the supply chain negatively impacted the production of microphones worldwide, and the low production is expected to negatively impact market growth.

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Microphone Market Report Highlights

• The evolving entertainment and television broadcasting industry has fueled the growth of the market for microphones across the Asia Pacific. The rising trend for video logging is expected to benefit the market in this region for the forecasted period
• The rising demand for podcasting, online video streaming, and voiceover work is expected to drive the growth of the USB microphones segment during the projection period. This segment is anticipated to expand at a CAGR of 6.6% from 2022 to 2030
• The demand for various types of wireless microphone-related items has expanded, as the automotive industry becomes more automated. These components are employed in telematics, controllers, and Global Positioning Systems (GPS). Electric vehicles (EVs) and driverless vehicles both use these components extensively, and the increased demand for EVs will accelerate product acceptance during the assessment period

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Microphone Market Segmentation

Grand View Research has segmented the global microphone market based on connectivity and region:

Microphone Connectivity Outlook (Revenue, USD Million, 2018 - 2030)

• USB Microphones
• XLR Microphones

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

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

List of Key Players in the Microphone Market

• AAC Technologies
• TDK Corporation
• Goertek
• Cognex Corporation
• STMicroelectronics
• Infineon Technologies
• Microscan Systems Inc.
• ZillTek Technology
• BSE
• Gettop Acoustic
• Hosiden 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.

Demand Planning Solutions Market Is Expected To Accomplish A Valuation Of Around USD 8.68 Billion By 2030: Grand View Research Inc.

 Demand Planning Solutions Market Growth & Trends

The global demand planning solutions market size is anticipated to reach USD 8.68 billion by 2030, registering a CAGR of 10.3% from 2022 to 2030, according to a new report by Grand View Research, Inc. Demand planning software provides businesses with forecasting solutions for a product or service, helping them prepare for future customer demand. Demand planning tools are used by businesses to organize and control their future inventories and production. By anticipating their long-term requirements, these solutions aid companies in providing for their clients. Predictive analysis is a significant component of demand planning systems, frequently included in supply chain management solutions. Demand planning tools use machine learning algorithms to improve forecasts by analyzing past data.

Demand planning solutions have become a significant component of supply chain management, and as technology develops, people across the globe are increasingly adopting these solutions. Demand sensing and forecasting based on market trends, growing market landscape, and delivery of products are some of the significant areas within an enterprise addressed by demand planning solutions. These factors will propel the market's growth during the forecast period. Additionally, as more businesses focus on reducing production and delivery delays and managing inventory surpluses, the demand for these solutions has been steadily increasing. Further, the pricing and promotion analysis solution uses ML (Machine Learning) algorithms and price elasticity models to create promotion-influenced forecasts. Pricing and promotion analysis will benefit the companies by providing a systematic way to product price change and accurately predict the revenue.

Demand planning solutions play a significant role in addressing the several challenges related to the quality of customer service, supplier relationships, and demand forecasting. This factor is anticipated to accelerate the demand for these solutions during the forecast period. Industry sectors, including healthcare, BFSI, automotive, retail & e-Commerce, and food & beverages, increasingly use demand planning solutions. Further, in coming years, the demand planning solutions market is projected to have significant expansion due to advancements in software technology and the rising need for support, maintenance, integration, and advisory services.

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Demand Planning Solutions Market Report Highlights

• The major factors driving the market growth include increasing demand and usage of demand planning software and services by various enterprises and industries to effectively analyze data generated in the business and forecast future demands is expected to propel market growth
• The solutions segment is further classified into demand planning and optimization, demand sensing, and forecasting, pricing and promotion analysis, and others. Others include new product demand forecasting, supply chain optimization, trade promotion optimization, life cycle management, and demand monitoring. Demand planning and optimization is anticipated to attain the fastest CAGR registering 11.3% during the forecast period
• The cloud-based software model is anticipated to gain significant demand planning solutions market share over the projected period. The benefits of cloud-integrated demand planning include real-time integration and lower total cost of ownership (TCO). Demand planning hosted on the cloud eases lowers the burden on IT management and any related expenses, such as the cost of updates, patches, and general management in any form.
• The small and medium-sized enterprises segment is anticipated to gain significant demand planning solutions market share during the period. Most of the SMEs are adopting demand planning solutions to forecast the demand trends and recover from COVID-19.
• The Asia Pacific is anticipated to witness the fastest growth owing increase in the number of enterprises resulting in the growing adoption of demand planning solutions for demand forecasting is the major factor responsible for the market growth in the region. For instance, according to India Brand Equity Foundation, in India, the number of Micro Small and Medium Enterprises (MSMEs) increased by 18.5% CAGR from the year 2019 to 2020. Also, in India, the companies are grown by 26% from 2020 to 2022.

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Demand Planning Solutions Market Segmentation

Grand View Research has segmented the demand planning solutions market based on component, deployment, enterprise size, industry, and region:

Demand Planning Solutions Component Outlook (Revenue, USD Million, 2017 - 2030)

• Solutions
  • Demand Planning and Optimization
  • Demand Sensing and Forecasting
  • Pricing and Promotion Analysis
  • Others
• Services
  • Professional Services
  • Managed Services

Demand Planning Solutions Deployment Outlook (Revenue, USD Million, 2017 - 2030)

• On-premises
• Cloud-based

Demand Planning Solutions Enterprise Size Outlook (Revenue, USD Million, 2017 - 2030)

• Small and Medium Sized Enterprises (SMEs)
• Large Enterprises

Demand Planning Solutions Industry Outlook (Revenue, USD Million, 2017 - 2030)

• BFSI
• IT & Telecom
• Healthcare
• Retail & E-commerce
• Automotive
• Food & Beverages
• Manufacturing
• Others

Demand Planning Solutions Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Demand Planning Solutions Market

• Aspire Systems
• Blue Ridge Solutions Inc.
• Cognizant Technology Solutions
• Demantra (Oracle Corporation)
• IBM
• Logility, Inc.
• RELEX Oy
• NETSTOCK 
• SAP SE
• Syncron AB
• Infor
• Kinaxis

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.

Impact of Existing and Emerging Electroencephalography Devices Market Trends And Forecast 2023-2030: Grand View Research Inc.

 Electroencephalography Devices Market Growth & Trends

The global electroencephalography devices market size is expected to reach a value of USD 2.39 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 10.2% from 2023 to 2030. The high prevalence of epilepsy, sleeping disorders, brain tumors, Parkinson’s disease, and stroke among other neurological disorders is a major factor anticipated to drive the growth. According to the World Health Organization (WHO), over 50 million people are affected by epilepsy; and more than 35.6 million people worldwide are suffering from Alzheimer’s disease and dementia.

In addition, growing awareness about neurological diseases and disorders in developed and developing regions is expected to boost the market. In addition, a rise in government funding for neuroscience-related R&D is contributing to market growth to a great extent. Moreover, rapidly developing healthcare infrastructure and increasing disposable income in Asian countries are projected to support the demand for advanced electroencephalography (EEG) devices and systems.

Furthermore, the introduction of technologically advanced products such as portable electroencephalography systems is expected to drive the market. Increasing focus on neuroscience, cognitive psychology, and psychophysiological research activities has led to increased demand for advanced systems.

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Electroencephalography Devices Market Report Highlights

• 32-channel EEG systems remained the highest revenue-generating segment in 2022 attributed to robust technological advancements in 32-channel EEG products
• In 2022, standalone devices accounted for the highest revenue-generating segment due to the increased application of these systems in hospitals and diagnostics centers
• The hospitals segment held the largest revenue share based on end-use in 2022, owing to the increasing number of patients suffering from neurological disorders. The rising geriatric population is another major factor responsible for the segment growth
• North America held the largest revenue share of the EEG system/device market in 2022. The availability of insurance coverage for brain monitoring and well-developed healthcare infrastructure is anticipated to drive the regional demand

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Electroencephalography Devices Market Segmentation

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

EEG Devices Product Outlook (Revenue, USD Million, 2018 - 2030)

• 8-channel EEG
• 21-channel EEG
• 25-channel EEG
• 32-channel EEG
• 40-channel EEG
• Multichannel EEG

EEG Devices Type Outlook (Revenue, USD Million, 2018 - 2030)

• Standalone Devices
• Portable Devices

EEG Devices End-Use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Diagnostic Centers
• Others

EEG Devices Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Electroencephalography Devices Market

• Natus Medical, Inc.
• Electrical Geodesics, Inc.
• Medtronic; NeuroWave Systems, Inc.
• Compumedics Ltd.
• Noraxon U.S.A., Inc.
• Cadwell Laboratories, Inc.
• Nihon Kohden America, 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.

Global Traditional Wound Management Market to Reach Around USD 8.3 Billion by 2030: Grand View Research Inc.

 Traditional Wound Management Market Growth & Trends

The global traditional wound management market size is expected to reach USD 8.3 billion by 2030, registering a CAGR of 3.7%, according to a new report by Grand View Research, Inc. The rising incidence of chronic diseases, increasing number of accidents, and rising number of ambulatory surgery centers (ASCs) are the key driving factors for the market.

The global increase in the incidence of chronic diseases such as diabetes, cancer, and other autoimmune diseases is one of the key driving factors for market growth. Factors such as the adoption of unhealthy and sedentary lifestyles, alcohol consumption, and smoking are majorly contributing to the rise in the prevalence of non-communicable diseases. Cancer has been a global healthcare burden as it is one of the leading causes of death. Most surgical wounds post-cancer surgery are relatively large in size and deep, producing exudate that requires regular care.

The wound care products such as bandages, medical tapes, and gauze help to manage large wounds, significantly reducing the risk of further infection. According to the estimates from the WHO, in 2018, one in five men and one in six women globally develop cancer during their lifetime. Moreover, as per reports published by WHO, 18.1 million new cancer cases have been reported in 2018, globally. In addition, it also reported that over 70.0% of cancer-related deaths typically occur in middle- and low-income countries. Furthermore, the rising prevalence of chronic conditions and the number of surgeries being performed have also increased globally. Therefore, such factors are anticipated to positively impact market growth over the forecast period.

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Traditional Wound Management Market Report Highlights

• In terms of revenue, the acute wounds segment held the largest revenue share in 2020 owing to the rising cases of accidents and trauma globally
• The gauze segment held the largest share in 2020 owing to its wide range of applicability in various types of injuries and the availability of numerous products
• The hospital segment dominated the market and held the largest revenue share in 2020 due to the rising cases of burns and surgeries
• In Asia Pacific, the market is expected to witness the fastest growth rate over the forecast period owing to the rising number of diabetic patients in this region

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Traditional Wound Management Market Segmentation

Grand View Research has segmented the global traditional wound management market on the basis of product, application, end-use, and region:

Traditional Wound Management Product Outlook (Revenue, USD Million, 2018 - 2030)

• Gauze
• Tape
• Bandages
• Cotton

Traditional Wound Management Application Outlook (Revenue, USD Million, 2018 - 2030)

• Chronic Wounds
  • Diabetic Foot Ulcers
  • Pressure Ulcers
  • Venous Leg Ulcers
  • Other Chronic Wounds
• Acute Wounds
  • Surgical & Traumatic Wounds
  • Burns

Traditional Wound Management End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Clinics
• Home Healthcare
• Others

Traditional Wound Management 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 & Africa
  • South Africa
  • Saudi Arabia
  • UAE

 List of Key Players in the Traditional Wound Management Market

• 3M
• ConvaTec Group PLC
• DermaRite Industries LLC.
• DeRoyal Industries Inc.
• Hollister Incorporated
• Integra LifeSciences Holdings Corp.
• Coloplast A/S
• Medtronic plc.
• Mölnlycke Health Care AB
• Smith & Nephew plc.
• Braun Melsungen AG
• PAUL HARTMANN AG
• Johnson & Johnson Pvt. Ltd.

About Grand View Research

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

Clinical Trial Management Services Market Trends, Growth Prospects To 2030: Grand View Research Inc.

 Clinical Trial Management Services Market Growth & Trends

The global clinical trial management services market size is anticipated to reach USD 52.1 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.5% from 2022 to 2030. The increasing trend of outsourcing clinical trial activities, the rise in research and development of advanced therapies, and the globalization of clinical trials are a few key factors driving the growth of the market.

The number of clinical trials has significantly increased in the past two decades. This is due to the rising need for novel pharmaceutical products with improved efficacy as well as the increasing penetration of cutting-edge medical technologies. According to Clinical trials.gov, the total number of clinical trials accounted for 325,773 in 2020, whereas, as of April 2022, the number of clinical trials this year totaled more than 410,903.

Clinical trial management services such as clinical monitoring, data management, site monitoring, and medical writing service are cost-effective and time-saving. These also harmonize clinical data across sites and failure rates. Furthermore, the integration of digital technologies, including cloud computing, Artificial Intelligence (AI), big data prescriptive, and predictive analytics, the Internet of Medical Things, and mobile technology remain major developments on the horizon. These technologies have shown great promise in improving productivity while accelerating the pace of clinical trials.

The COVID-19 pandemic significantly impacted the market. It created an unexpected urgency for alternative solutions to clinical trial execution, limiting on-site monitoring visits. It prompted researchers to use remote clinical trial monitoring services and platforms to reduce the spread of the COVID-19 infection as well as to simultaneously function in clinical research. For instance, according to the Florence survey in 2020, more than 60% of clinical study sites and clinical trial sponsors stated more than 50% acceptance of remote site monitoring solutions for clinical research.

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Clinical Trial Management Services Market Report Highlights

• The clinical trial monitoring segment dominated the market with a revenue share of 31.6% in 2021. Technological advancement in trial monitoring is one of the key factors driving the growth of the market.
• The oncology segment is anticipated to hold the highest market share of 31.0% in 2021 in the clinical trial management services market. High shares of the segment are majorly due to the increasing cases of cancer across the globe.
• Based on industry, pharmaceuticals accounted for the largest market share of 38.9% in 2021. The companies have adopted technologies such as cloud computing and AI to improve patient engagement and reduce trial failures to drive market growth.
• Asia Pacific is projected to witness the fastest CAGR-driven growth of 8.5% during the forecast period.Factors such as the cheap labor cost, a diverse patient pool, lowered costs of clinical trial activities

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Clinical Trial Management Services Market Segmentation

Grand View Research, Inc. has segmented the global Clinical Trial Management Services Market based on services, industry, indication, and region:

Clinical Trial Management Services Outlook (Revenue, USD Million, 2018 - 2030)

• Clinical Trial Monitoring
• Regulatory SubmissionsClinical Trial Data Management
• Medical Writing
• Site Management & Monitoring
• Others

Clinical Trial Management Services Industry Outlook (Revenue, USD Million, 2018 - 2030)

• Pharmaceuticals
• Biopharmaceuticals
• Medical Devices

Clinical Trial Management Services Indication Outlook (Revenue, USD Million, 2018 - 2030)

• Immunology
• Hematology
• Oncology
• Neurology
• Dermatology
• Others

Clinical Trial Management Services Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Clinical Trial Management Services Market

• LabCorp
• IQVIA, Inc.
• Syneous Health
• Atlantic Research Group
• ICON Plc
• SGS
• Clinical Trial & Consulting Services
• Charles River Laboratories
• Med pace
• Wuxi Apptec

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.

Wound Dressing Market Trends, Demand, Production, Analysis and Forecast to 2030: Grand View Research Inc.

 Wound Dressing Market Growth & Trends

The global wound dressing market size is expected to reach USD 18.86 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.14% from 2023 to 2030. Increasing number of people suffering from chronic wounds, rise in technologically advanced dressing and rising cases of traumatic accidents are expected to be the key driving factors for the wound dressing market.

There has been increase in number of people suffering from chronic disorders such as diabetes, as a result, the number of people suffering from diabetic foot ulcers are increasing. For instance, as per International Diabetes Federation, an estimated population of 61 million people aged between 20-79 years living in Europe were suffering from diabetes. Similarly, according to NCBI, the incidence rate of diabetes foot ulcers globally is between 9.1 million to 26.1 million annually. Thus, the rise in diabetes & diabetic foot ulcer patients is increasing the demand for wound dressing products, thereby impelling the wound dressing market over the forecast period.

Moreover, there has been global increase in number of traumatic accidents such as burns, gunshots and road accidents. For instance, according to stats by the WHO, approximately 11 million burn cases occur worldwide, which leads to 180,000 deaths globally, Similarly, as per NCBI, every day, more than 30,000 burn cases are registered globally. Therefore, the rising global number of burn cases is anticipated to impel the wound dressing market over the forecast period.

The outbreak of COVID-19 resulted in nationwide lockdown worldwide, as a result the growth of wound dressing market was restricted to a certain extent. However, the wound dressing market is projected to witness a significant growth rate during the post-pandemic period. This can be attributed to various strategies such as product launches, partnerships, and geographic expansion used by leading market players. For instance, in December 2020, Molnlycke Health Care AB, launched a new distribution in UK. It was a strategic move, strengthening their supply chain to increase the product reach in the UK population. Thus, as a result of aforementioned factors, the wound dressing market is expected to have a significant growth during the post-pandemic period, thereby, propelling the wound dressing market.

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Wound Dressing Market Report Highlights

• On the basis of product, advanced dressing segment dominated the market with a revenue share of 54.36% in 2022. This can be attributed to rising cases of traumatic accidents globally
• On the basis of application, the chronic wounds segment dominated the market with a revenue share of 60.07% in 2022
• On the basis of end-use, the hospital segment dominated the market with a revenue share of 44.99% in 2022. This can be credited to rising surgical procedures, and increasing number of hospitals
• North America dominated the market share of 45.47% in 2022. This dominance can be accredited to well-developed healthcare infrastructure, increasing awareness and presence of major key players in the region

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

Wound Dressing Market Segmentation

Grand View Research has segmented the wound dressing market on the basis of product, application, end-use, and region: 

Wound Dressing Product Outlook (Revenue, USD Million, 2018 - 2030)

• Traditional Dressing
  • Gauze
  • Tape
  • Bandages
  • Cotton
  • Others
• Advanced Dressing
  • Moist Dressing
    • Foam Dressing
    • Hydrocolloid Dressing
    • Film Dressing
    • Alginate Dressing
    • Hydrogel Dressing
    • Collagen Dressing
    • Other Advanced Dressing
  • Antimicrobial Dressing
    • Silver Dressing
    • Non-silver Dressing
  • Active Dressing
    • Biomaterials
    • Skin-substitute

Wound Dressing Application Outlook (Revenue, USD Million, 2018 - 2030)

• Chronic Wounds
  • Diabetic Foot Ulcers
  • Pressure Ulcers
  • Venous Leg Ulcers
  • Other Chronic Wounds
• Acute Wounds
  • Surgical & Traumatic Wounds
  • Burns

Wound Dressing End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Outpatient Facilities
• Home Healthcare
• Research & Manufacturing

Wound Dressing Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Wound Dressing Market

• Smith+Nephew
• Mölnlycke Health Care AB
• Convatec Group PLC
• Ethicon (Johnson & Johnson)
• URGO
• Coloplast Corp.
• 3M
• Integra LifeSciences
• PAUL HARTMANN AG
• AUSBÜTTEL (DRACO)
• Medline Industries, Inc.
• Brightwake 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.

Light Car Trailer Market is Anticipated to Upgrade USD 2.12 Billion Revenue By 2030: Grand View Research Inc.

 Light Car Trailer Market Growth & Trends 

The global light car trailer market size is expected to reach USD 2.12 billion by 2030, expanding at a CAGR of 3.7% from 2022 to 2030, according to a new report by Grand View Research, Inc. The rapid growth of the tourism sector due to high disposable income and the rising inclination of people towards recreational activities across the world is driving the market. Additionally, light car trailer manufacturers are focusing on developing customizable and cost-effective trailers according to specific customers’ demands, in turn, driving the market. Furthermore, it provides low cost in the transportation of goods such as cargo items, perishable goods, building supplies, and loose materials, which, in turn, stimulates industry expansion. 

Rising demand for recreational vehicles, which can be used for camping, site seeing, traveling, and other recreational activities, is propelling the industry growth. Light car trailer has enclosed insulated walls and ceilings, furnace and air conditioner, and additional storage space and is lightweight, agile, and cost-effective, thus they are widely preferred over other recreational vehicles in the market. The prominent players in the market are focusing on numerous R&D initiatives for the development of cutting-edge car trailers, which are fueling the demand for light car trailers. For instance, in June 2021, Felling Trailers, Inc. added Cargo/Pole/Dump trailer to the company’s utilities-based product line. The multi-use capabilities of the PCD trailer can potentially ensure several years of reliable and trouble-free service while saving time for operators. 

The North American region held a dominant share in 2021. Increasing use of light car trailers for recreational activities, rising adoption of light car trailers for transportation, and growing regional manufacturers’ investment in research of new techniques for developing light car trailers are significant factors contributing to the growth of the regional market. In addition, increasing preferences for solo trips and recreational activities such as watersports, off-road motorbiking, and camping in countries such as the U.S. and Canada are creating demand for motorcycle, snowmobile, and watercraft trailers in the region. Light car trailers are lightweight, cost-effective, suitable for personal use, and can carry heavy loads; thus they are widely preferred over other trailers in the industry. 

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Light Car Trailer Market Report Highlights

• The Asia Pacific region is expected to witness considerable growth over the forecast period owing to the increased use of utility light car trailers for transporting cargo goods in countries such as China, Japan, and India
• The rising levels of disposable income and the growing interest in traveling, trekking, camping, and other recreational, leisure, and adventure activities are driving the demand for light car trailers
• Light car trailers are widely preferred for hauling snowmobiles and watercraft, which are used in recreational activities. A boost in recreational activities is expected to have a cascading effect on the market growth
• Increasing light car trailer manufacturers’ investment in developing ultra-lightweight and technologically advanced light car trailers is driving the market
• Government inclination to boost the existing tourism sector majorly in developing nations of the world has proportional effects on surging demand for light car trailers

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

Light Car Trailer Market Segmentation 

Grand View Research has segmented the global light car trailer market on the basis of type, axle, product, design, and region:

Light Car Trailer Type Outlook (Revenue, USD Million, 2018 - 2030)

• Utility Light Car Trailer
• Recreational Light Car Trailer

Light Car Trailer Axle Outlook (Revenue, USD Million, 2018 - 2030)

• Single Axle Light Car Trailer
• Multi Axle Light Car Trailer

Light Car Trailer Product Outlook (Revenue, USD Million, 2018 - 2030)

• OEM
• Motorcycle Light Car Trailer
• Snowmobile Light Car Trailer
• Watercraft Light Car Trailer
• Passenger Vehicle Light Car Trailer

Light Car Trailer Design Outlook (Revenue, USD Million, 2018 - 2030)

• Enclosed Trailer
• Open Trailer

Light Car Trailer Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Rest of the World 

List of Prominent Players in the Light Car Trailer Market

• Aluma Ltd.
• ATC Trailers Holdings, Inc.
• Felling Trailers, Inc.
• Haulmark Industries, Inc.
• Kaufman Trailers, Inc.
• Pace American, Inc.
• Woodford Trailers Ltd.
• Sylvansports
• Sundowner Trailers, Inc.
• Diamond C Trailer (RoadClipper Enterprise, 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.

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

 Luxury Watch Market Growth & Trends

The global luxury watch market size is expected to reach USD 62.25 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 5.2% over the forecast period. The major factors that drive the growth are increasing awareness about brands that have influenced westernization and the inherent need for exclusivity. The rapidly increased demand for luxury watches from women also drives the industry. Rising penetration of the e-commerce sector will create ample opportunity for industry growth over the forecast period. The high cost of luxury watches, as well as the rapid rise in the price of the production process, hampers the growth.

The COVID-19 pandemic had a negative impact on the market. The COVID-19 pandemic affected manufacturing activities and disrupted the distribution network of the market internationally. Product sales in Europe and North America were largely affected due to the prolonged lockdown and restrictions on movements. In 2020, the Swiss watch shipment fell by around 22% in value terms while it declined by 33% in volume terms. The market is expected to recover considerably over the forecast period. The mechanical product segment is expected to register the fastest growth rate during the forecast period.

Mechanical luxury watches are largely preferred over electronic watches as they have a larger number of tiny parts inside and have a lengthy and laborious manufacturing process. A large number of mechanical watch buyers are discerned, and therefore the buyer cares about the tiny details, one that appreciates history and heritage. Mechanical watch demand is growing at a rapid pace. Asia Pacific dominated the global industry in 2021 and is expected to grow at a considerable CAGR over the forecast period. This is attributed to a rise in economic development in countries, such as India, China, and Japan, leading to a higher standard of living.

This led to the concentration of a large number of people in the region. China is the largest market for luxury watches in the region owing to the presence of a high-net-worth population. In addition, major players are making their presence in this region, which acts as one of the key growth drivers for the industry's development. Companies are working on new product development to get a competitive advantage over others. For instance, in 2019, Rolex SA had come up with a 2019 collection with 6 new models, such as YACHT master 42, Sea-Dweller, GMT master II, Day-Date 60, Datejust 36, and Datejust 31.

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Luxury Watch Market Report Highlights

• North America is expected to register a steady CAGR over the forecast period due to rising consumer awareness about a fit and healthy lifestyle
• In addition, evolution in the fashion industry is expected to be the major driving factor for regional growth
• The electronic watch segment led the industry in 2021due to the greater accuracy and they often have a few extra functions, such as the countdown and multiple alarms
• The online distribution channel segment is expected to grow at the fastest CAGR over the forecast period. Companies are increasing their online retail to further support the increasing sales globally
• Moreover, key companies are now concentrating on social media platforms and online distribution channels for online marketing as well as branding their products to attract more customers

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

Luxury Watch Market Segmentation

Grand View Research has segmented the global luxury watch market on the basis of product, distribution channel, and region:

Luxury Watch Product Outlook (Revenue, USD Million, 2017 - 2030)

• Electronic
• Mechanical

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

• Offline
• Online

Luxury Watch 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
  • Indonesia
• Central & South America
  • Brazil
• Middle East & Africa
  • Turkey

List of Key Players in the Luxury Watch Market

• Apple Inc.
• The Swatch Group Ltd.
• Audemars Piguet Holding S.A.
• Fossil Group, Inc.
• Citizen Watch Company of America, Inc.
• Seiko Watch Corp.
• Compagnie Financiere Richemont SA
• LVMH Moet Hennessy-Louis Vuitton
• Movado Group Inc.
• Ralph Lauren 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.