Thursday, 27 July 2023

Cryptocurrency Exchange Platform Market Is Expected To Accomplish A Valuation Of Around USD 264.32 Billion By 2030: Grand View Research Inc.

 Cryptocurrency Exchange Platform Market Growth & Trends

The global cryptocurrency exchange platform market size is expected to reach USD 264.32 billion by 2030, growing at a CAGR of 27.8% from 2022 to 2030, according to a new study conducted by Grand View Research, Inc. The rising awareness about cryptocurrencies and their advantages, such as flexibility and security, is driving the industry's growth. The strong emphasis on secure and decentralized networks owing to the emergence of blockchain technology also bodes well with the market growth. Several market players have invested in research and development activities to introduce advanced innovative exchange platforms. For instance, in July 2022, Billium, an exchange based in Dubai, announced the launch of a new-age platform to carry out decentralized transactions more effectively and efficiently. It is integrated with a copy trading function named ‘Billium Copy Trading’, which will allow novice users to follow the trades of the professionals.

The growing popularity of cryptocurrencies led several financial services companies to collaborate with cryptocurrency exchanges to enhance their service offerings. For instance, in March 2021, Visa, Inc. announced to settle transactions in U.S. Dollar Coin (USDC) on Ethereum with cryptocurrency partners. In March 2021, Visa, Inc. accepted its first settlement in USDC from its crypto wallet partner Crypto.com. Such developments are expected to propel industry growth over the forecast period. The outbreak of the COVID-19 pandemic is expected to play a decisive role in driving the industry over the forecast period. Investors worldwide have shifted their interest toward cryptocurrencies as the cryptocurrency segment is decentralized. In addition, as it is not governed by any central authority, it eliminates the political influence during troubled times, such as the pandemic.

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Cryptocurrency Exchange Platform Market Report Highlights

  • The Ethereum segment is expected to witness a significant CAGR over the forecast period owing to its dominance in the Decentralized Finance (Defi) space
  • Moreover, the growing number of Non-Fungible Token (NFT) projects is expected to increase the demand for Ethereum exchanges
  • The personal end-use segment is expected to witness the fastest CAGR over the forecast period
  • The growth is due to the rising awareness about cryptocurrencies in developing countries, such as Nigeria and the Philippines, and the growing emphasis on digital currencies in developed countries, such as the U.S., Canada, Japan, and others
  • Asia Pacific is expected to witness the fastest CAGR over the forecast period due to technological advancements and rising awareness about blockchain technology
  • People in the region are inclined toward cryptocurrency investment as an alternative to traditional investment options, thereby increasing the need for cryptocurrency exchange platforms

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

Cryptocurrency Exchange Platform Market Segmentation

Grand View Research has segmented the global cryptocurrency exchange platform market based on cryptocurrency type, end use, and region:

Cryptocurrency Exchange Platform Cryptocurrency Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Bitcoin
  • Ethereum
  • Cardano
  • Solana
  • Others

Cryptocurrency Exchange Platform End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • Commercial
    • Banks
    • Fintech Companies
    • Credit Unions
    • Others
  • Personal

Cryptocurrency Exchange Platform Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Cryptocurrency Exchange Platform Market

  • BlockFi International Ltd.
  • Coinmama
  • eToro
  • Coinbase
  • Binance
  • Kraken
  • Bitstamp
  • Coincheck, Inc.
  • FTX Trading Ltd.
  • AirSwap

About Grand View Research

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

Wednesday, 26 July 2023

Mass Notification System Market to Partake Significant Development During 2023 to 2030: Grand View Research Inc.

 Mass Notification System Market Growth & Trends

The global mass notification system market size is expected to reach USD 46.96 billion by 2030, advancing at a CAGR of 21.4% from 2023 to 2030, according to a new report by Grand View Research, Inc. The need for real-time information and user advice during emergencies significantly contributes to market growth. These systems provide communication technology that alerts people to possible safety precautions in an emergency and directs them accordingly. Globally, the market is predicted to gain ground in adoption across all geographies and become ubiquitous over the forecast years.

A mass notification method is used to notify thousands of people in under a minute, which has various benefits, including resolving incidents and recovering from them more quickly. These methods are useful for coordinating with the general public during relief and rescue activities. Strong analytics, dispersed contact data, adaptable group administration, language localization, a variety of options for managing contact data, and a globalized approach to voice and SMS routing are all made possible by mass notification systems. Speeding up user notifications and automating laborious tasks increase productivity and efficiency, and these advantages have led to the market's expansion.

Large and small enterprises use mass notification systems to reduce and manage risks. These systems assist in alerting staff in advance, preventing damages and associated costs, and increasing return on investment (ROI). Additionally, cross-promotion of content with agencies increases engagement and outreach, voice and digital communication integration, and reporting and analytics drive market growth. As a result, businesses are increasingly using them for business continuity management in case of emergencies and disasters.

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Mass Notification System Market Report Highlights

  • The hardware segment accounted for the largest market share of over 67% of the overall market in 2022. Healthcare facilities and hospitals are increasingly using IP-based notification devices and managed notification systems, contributing to the segment's growth. By collaborating with notification hardware suppliers, market vendors are able to provide end-users with seamless mass notification experiences within their current infrastructure, enabling them to offer seamless mass notification experiences
  • The large enterprises segment accounted for the largest market share of over 65% of the overall market in 2022. Large businesses offer extensive hardware and software integration, training, support services, and a more complicated IT infrastructure. During the forecast period, these qualities will support the segment's expansion
  • The distributed recipient solutions segment is anticipated to witness a significant CAGR of 22.2% during the forecast period. A facility's emergency communications system provides comprehensible voice communications and visible signals at a greater range, in addition to automatically distributing notifications in an emergency
  • The Business Continuity and Disaster Recovery (BCDR) segment accounted for the largest market share of over 62.5% in 2022. A BCDR policy allows a company to quickly recover from a disaster, reduce the risk of data loss, and improve processes while preventing emergencies. The corporate sector and other official industries require BCDR to mitigate daily risks and increase demand. As a result, the segment is expected to grow during the forecast period
  • The education segment accounted for the largest share of over 20% of the overall market in 2022. The segment's expansion is attributed to the growing use of mass notification systems to handle emergencies on campuses, quickly and easily notify students, faculty, and staff, manage the situation with reactions, and report on it.
  • The North American regional market size is expected to reach USD 14,087.3 million by 2030. This regional rise is largely due to the increased need for technologies that enable safer and more efficient employee communication

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

Mass Notification System Market Segmentation

Grand View Research has segmented the global mass notification system market based on component, enterprise size, solution, application, end-use, and region:

Mass Notification System Component Outlook (Revenue, USD Million, 2018 - 2030)

  • Hardware
  • Software
  • Service

Mass Notification System Enterprise Size Outlook (Revenue, USD Million, 2018 - 2030)

  • SMEs
  • Large Enterprise

Mass Notification System Solution Outlook (Revenue, USD Million, 2018 - 2030)

  • Wide-area Solutions
  • In-building Solutions
  • Distributed Recipient Solutions (DRS)

Mass Notification System Application Outlook (Revenue, USD Million; 2018 - 2030)

  • Integrated Public Alert and Warning (IPAW)
  • Interoperable Emergency Communication (IEC)
  • Business Continuity and Disaster Recovery (BCDR)

Mass Notification System End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Corporate
  • Education
  • Energy & Utilities
  • Healthcare & Life Sciences
  • Aerospace & Defense
  • Government
  • Others (Commercial, Transportation & Logistics, and IT & Telecom, among others)

Mass Notification System 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
  • South America
    • Brazil
    • Mexico
    • Argentina
  • MEA
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait 

List of Key players in the Mass Notification System Market

  • BlackBerry Limited
  • Blackboard Inc.
  • Desktop Alert, Inc.
  • Eaton
  • Everbridge
  • Honeywell International Inc
  • Motorola Solutions, Inc.
  • OnSolve
  • Singlewire Software, LLC
  • xMatters

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.

Aquaculture Vaccines Market to Witness Soaring Growth During 2021 – 2028: Grand View Research Inc.

 Aquaculture Vaccines Market Growth & Trends

The global aquaculture vaccines market size is expected to reach USD 605.4 million by 2028, according to a new report by Grand View Research. It is expected to expand at a CAGR of 8.4% from 2021 to 2028. The advent of vaccines for fish has significantly reduced the dependency on antimicrobial agents. Vaccination programs help in protecting the animal health and livelihoods of those who work with livestock as well as aid in ensuring food security. The development of some aquaculture sectors, such as the salmon industry in Norway, wherein fish farmers in the country moved from using antibiotics to vaccines by 1994, demonstrates the potential of vaccines in reducing the dependence on veterinary medicines.

Similar to other markets, the market for aquaculture vaccines has also been significantly affected. Some of the major impacts of COVID-19 on the market include supply chain disruptions, a decline in sales, low demand, growing awareness of animal to human disease transmission risks, and operational hurdles due to changing policies and restrictions.

The growing demand for aquatic animal-derived food products, such as oil, caviar, protein powders, and meat, is encouraging farmers to use vaccinations for aquaculture to gain higher profitability. Due to the rising urbanization, consumers are becoming more aware of the nutritious value of animal protein. The demand for healthy, sustainable, and high-quality meat products that have fewer or no drugs is also increasing rapidly. Thus, the need for healthy breeding of aquatic animals is increasing, which is expected to fuel the demand for aquaculture vaccines, thereby boosting the market growth.

The market for aquaculture vaccines is fairly competitive. The most notable participants in the market are Zoetis; Merck & Co., Inc.; and Elanco, along with other manufacturers of aquaculture vaccines. These players are involved in new product launches, acquisitions, and partnerships to gain a competitive edge over each other. For instance, in July 2020, Zoetis acquired Fish Vet Group from Benchmark Holdings, PLC. This added to the company’s Pharmaq business, which is involved in fish vaccines and services.

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Aquaculture Vaccines Market Report Highlights

  • Based on product, the inactivated vaccines segment held the largest share in 2020 owing to its high acceptance globally
  • By route of administration, the injected segment held the largest market share in 2020 owing to its easy availability
  • The bacterial application segment held the largest revenue share in 2020 owing to the high prevalence of bacterial diseases in aquatic species
  • In 2020, Europe held the largest revenue share owing to the increasing adoption of aquaculture vaccines, especially in countries such as Norway and the U.K.
  • North America held the second-largest revenue share in 2020. The key driver in this regional market is the presence of major market players, especially in the U.S.
  • Asia Pacific is expected to witness lucrative growth over the forecast period owing to the rise in aquaculture production and favorable government initiatives, especially in developing countries 

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

Aquaculture Vaccines Market Segmentation

Grand View Research has segmented the global aquaculture vaccines market report on the basis of product, route of administration, application, and region:

Aquaculture Vaccines Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Attenuated Live Vaccines
  • Inactivated Vaccines
  • Subunit Vaccines
  • DNA Vaccines
  • Recombinant Vaccines

Aquaculture Vaccines Route Of Administration Outlook (Revenue, USD Million, 2016 - 2028)

  • Oral
  • Injected
  • Immersion & Spray

Aquaculture Vaccines Application Outlook (Revenue, USD Million, 2016 - 2028)

  • Bacterial
  • Viral
  • Parasitic

Aquaculture Vaccines Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
    • France
    • Italy
    • Spain
    • Norway
    • Denmark
    • Ireland
    • Eastern Europe
      • Croatia
      • Czech Republic
      • Hungary
      • Poland
      • Russia
      • Romania
      • Bulgaria
    • Asia Pacific
      • Japan
      • South Korea
      • Taiwan
      • Indonesia
      • Malaysia
      • Singapore
      • Thailand
      • Philippines
      • Vietnam
    • Latin America
      • Brazil
      • Mexico
      • Argentina
      • Chile
      • Colombia
      • Peru
      • Ecuador
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • Israel
      • Egypt

List of Key Players of Aquaculture Vaccines Market

  • Zoetis
  • Phibro Animal Health Corporation
  • Elanco
  • Merck & Co., Inc.
  • KBNP
  • CAVAC
  • Kyoto Biken Laboratories, Inc.
  • Nisseiken Co., Ltd.
  • Vaxxinova International BV
  • HIPRA

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 Teledentistry Market to Witness Soaring Growth During 2022 – 2030: Grand View Research Inc.

 Teledentistry Market Growth & Trends

The global teledentistry market size is expected to reach USD 4.80 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 16.13% from 2022 to 2030. The increasing penetration of the internet and smartphones in dental applications is one of the primary factors augmenting the industry growth. Furthermore, the rising geriatric population and the growing adoption of teledentistry solutions among them due to their convenience and cost-effectiveness are the key factors expected to fuel the industry growth during the projected period.

To curb the spread of the COVID-19 pandemic, the government of various countries declared complete lockdowns and travel restrictions, thereby halting the majority of dental procedures. Dentists around the world incorporated several measures to help minimize infection transmission and continue dental practices. One of the major measures was the use of virtual dentistry. These enabled patients to benefit from dental care by remotely consulting with top dentists. In addition, the support from the government in implementing virtual dental practices is enhancing the usage of teledentistry among people. Hence, the COVID-19 pandemic has significantly impacted industry growth.

The prevalence of oral diseases is increasing and this disease is considered to be one of the most common conditions globally. According to a report published by the WHO on May 15, 2022, nearly 2 billion people suffer from caries of permanent teeth and 520 million children have primary teeth caries. Hence, consulting a dentist on a regular basis to maintain oral health is a major factor in boosting the growth of the market. In addition, increasing disposable income in developing economies flourishes cosmetic dentistry adoption, which is further fueling industry growth.

Major players in the market are investing in many strategic initiatives, such as acquisitions, mergers, partnerships, and software launches, to maintain a competitive edge in the market. For instance, in January 2022, Dentulu, Inc. announced its partnership with Independa, a health hub that provides easy-to-use video chat solutions. This was initiated to enhance teledentistry services via LG television for better patient convenience. In addition, the leaders in the market are collaborating with each other to enhance the teledentistry solution portfolio. For instance, in May 2020, Koninklijke Philips N.V. collaborated with Toothpic, a leading dental e-health solution provider to launch a professional teledentistry solution. This collaboration will enable Toothpic to complement Philip’s Sonicare teledentistry solution. Such activities are expected to boost the industry growth over the forecast period.

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Teledentistry Market Report Highlights

  • The software and services component segment accounted for the largest revenue share in 2021 owing to a large number of solutions launched by key players in the market. In addition, the advancing features such as streamlining communication facilities with wireless technologies are boosting the growth
  • By delivery mode, the cloud-based segment is expected to register the fastest growth rate during the projected period owing to its wide adoption among digital dentistry due to its safety and widest storage feasibilities
  • By application, the teleconsultation segment accounted for the largest revenue share in 2021 as the COVID-19 pandemic has increased the usage of teledentistry for major dental consultation services. In addition, the large number of dentists available for oral health consultation is increasing the opportunity for segment growth
  • By end-use, the providers segment held the largest revenue share of over 45.0% in 2021. Dental providers are getting highly accustomed to patients’ personal dental care needs through virtual sessions during pandemics. This enables the providers to prevent long waiting times for patients and reduces hospital-acquired infections
  • North America held the largest revenue share of more than 35.0% in 2021. This is owing to the technological advancements in the region to implement virtual dental care and the presence of large market players operating in the region
  • The market is relatively competitive owing to the presence of major players. The various strategic initiatives implemented by companies such as collaborations, acquisitions, partnerships, and product launches are significantly contributing to the growth of the market

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

Teledentistry Market Segmentation

Grand View Research has segmented the global teledentistry market based on component, delivery mode, application, end-use, and region:

Teledentistry Component Outlook (Revenue, USD Million, 2017 - 2030)

  • Software & Services
  • Hardware

Teledentistry Delivery Mode Outlook (Revenue, USD Million, 2017 - 2030)

  • Cloud-based
  • Web-based

Teledentistry Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Tele-consultation
  • Remote Patient Monitoring
  • Education & Training

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

  • Providers
  • Patients
  • Others

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

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

List of Key Players of Teledentistry Market

  • Koninklijke Philips N.V.
  • Align Technology, Inc.
  • SmileDirectClub
  • MouthWatch, LLC
  • Dentulu, Inc.
  • Denteractive Solutions Inc.
  • Toothpic
  • Smile Virtual LLC
  • Virtudent, Inc. 
  • Straight Teeth Direct

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.

High-performance Liquid Chromatography Market is Anticipated To Generate Significant Revenues by 2030: Grand View Research Inc.

 High-performance Liquid Chromatography Market Growth & Trends

The global high-performance liquid chromatography market size is projected to reach USD 7.03 billion by 2030, expanding at a CAGR of 5.9% from 2022 to 2030, according to a new report by Grand View Research, Inc. Rapid growth in pharmaceutical production, stringent regulatory norms for drug purity, and increasing adoption of high-performance liquid chromatography (HPLC) techniques for diagnostics and research purposes are driving the market.

HPLC is commonly used for the assessment of drug purity on an industrial scale. It also enables characterization of molecules being explored as potential new drug candidates. Demand for the technique is anticipated to grow due to its increasing applications in ensuring consistency and determination of dosage of active pharmaceutical ingredients. Furthermore, the technique holds significance in quality control testing for assuring the fulfillment of critical quality attributes in the pharmaceutical industry.

The technique is augmenting clinical diagnostic services due to the availability of improved stationary phase alternatives and multiple channel HPLC instruments that can aid in sequential analysis of patient samples. Such attributes are desirable for low- or moderate-throughput laboratories and enable faster turnaround times. Similarly, recent developments in column technologies are increasing the efficiency of HPLC operations and are likely to fuel the market growth. For instance, the advent of>2-µm superficially porous silica particles has led to improved HPLC operations at comparatively lower back-pressure and with the use of shorter columns.

Furthermore, companies involved in the market are launching new HPLC-based analyzers and systems for capitalizing on the expanding scope of applications for the technique. For instance, in June 2021, Trivitron Healthcare launched two new HPLC analyzers, NANO H5 & NANO H110, intended for the detection of HbA1c and Hb variants in less than three minutes.

In addition, the COVID-19 pandemic has accelerated the adoption of HPLC systems for the development of new therapeutics, vaccines, and reliable diagnostic methods for the disease. Furthermore, epidemiological applications of the technique for the characterization of viral proteins are expected to gain traction due to the emerging mutations of the SARS-CoV-2 virus. These factors are anticipated to positively affect the market growth.

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High-performance Liquid Chromatography Market Report Highlights

  • By product, the instruments segment held the largest revenue share of over 45.0% in 2021 due to the increasing availability of technologically advanced and integrated HPLC systems and detectors
  • Based on application, the clinical research applications segment held the largest revenue share of over 35.0% in 2021 due to the growth in the number of clinical trials and research & development activities in recent years, coupled with high analytical specificity and short runtimes offered that are suitable for clinical research
  • By end-user, pharmaceutical and biotechnology companies accounted for the largest share of over 40.0% in 2021. This can be attributed to the increasing adoption of the technique for determination of drug purity and stability and the superior detection capacities and selectivity offered when used with mass spectrometry
  • North America dominated the global market in 2021 with over 30.0% share due to rapid growth in the pharmaceutical industry and presence of key players such as Thermo Fisher Scientific, Inc.; Agilent Technologies, Inc.; and Bio-Rad Laboratories, Inc. in the region
  • Asia Pacific is anticipated to grow at the fastest rate over the forecast period due to a high potential for clinical research and large-scale production of generics and biosimilars in the region, which can significantly boost the adoption of HPLC technique

Access Press Release@ https://www.grandviewresearch.com/press-release/global-high-performance-liquid-chromatography-market

High-performance Liquid Chromatography Market Segmentation

Grand View Research has segmented the global high-performance liquid chromatography market based on product, application, end-user, and region:

High-performance Liquid Chromatography Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Instruments
    • HPLC Systems
    • Pumps
    • Detectors
    • Others
  • Consumables& Accessories
    • Columns
      • Reverse-phase HPLC Columns
      • Normal-phase HPLC Columns
      • Ion Exchange HPLC Columns
      • Size Exclusion HPLC Columns
      • Other HPLC Columns
    • Filters
      • Vials
      • Tubes
      • Others
    • Software

High-performance Liquid Chromatography Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Clinical Research Applications
  • Diagnostic Applications
  • Forensic Applications
  • Other Applications

High-performance Liquid Chromatography End-user Outlook (Revenue, USD Million, 2018 - 2030)

  • Pharmaceutical & Biotechnology Companies
  • Academic & Research Institutions
  • Others

High-performance Liquid Chromatography 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
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE

List of Key Players of High-performance Liquid Chromatography Market

  • Waters Corporation
  • Thermo Fisher Scientific, Inc.
  • Agilent Technologies, Inc.
  • Shimadzu Corporation
  • Sartorius AG
  • PerkinElmer, Inc.
  • Bio-Rad Laboratories, Inc.
  • Merck KGaA
  • Tosoh Bioscience GmbH
  • Gilson, Inc.
  • Danaher 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.

Location-based Entertainment Market is Estimated To Attain $24.76 Billion by 2030

 Location-based Entertainment Market Growth & Trends

The global location-based entertainment market size is projected to reach USD 24.76 billion in 2030 and is expected to expand at a compound annual growth rate (CAGR) of 28.8% from 2023 to 2030. The growth can be credited to increasing consumer expenditure on new and exciting adventure and leisure activities. Rising disposable incomes and changing lifestyle patterns are the major factors driving the demand for location-based entertainment (LBE).

The growth of the location-based entertainment market is being further driven by the introduction of technologies, such as Augmented Reality (AR), Virtual Reality (VR), and mixed reality. These location-based entertainment services combined with these technologies provide visitors with an immersive and real-life experience. The market players are offering VR attractions under one roof to attract more visitors. For instance, in 2022, Sandbox VR announced to enter the Colorado location at Park Meadows Mall to provide a socially immersive gaming experience that combines high-quality haptics and full-body motion capture to provide complete immersion.

Global Location-based Entertainment Market Report Scope   

Report Attribute

Details

Market size value in 2023

USD 4,209.7 million

Revenue forecast in 2030

USD 24,763.5 million

Growth rate

CAGR of 28.8% from 2023 to 2030

Base year for estimation

2022

Historical data

2018 - 2021

Forecast period

2023 - 2030

Various video game developers are entering into mergers and acquisitions with VR and LBE technology providers to increase their respective market shares. For instance, in February 2021, Vertigo Games, a VR publisher and game developer, acquired Springboard VR, a VR venue management software and content marketplace provider for LBE. The acquisition was aimed at offering operators access to VR content through Vertigo Games' Haze VR distribution platform and providing both game studios and operators with new tools and technology to expand their LBE business.

Request a free sample copy or view the report summary: Location-based Entertainment Market Report

Location-based Entertainment Market Report Highlights

  • In terms of component, the hardware segment accounted for over 64.0% of the total revenue share in 2022 owing to the increased spending on VR headsets that can deliver high-end immersive experiences to consumers
  • In terms of technology, the 3D segment accounted for the revenue share of nearly 43.0% in 2022 and is expected to continue dominating the market over the forecast period owing to the continued advances in 3D technology extended reality, which is substantially deployed at LBE sites
  • In terms of end-use, the arcade studios segment is expected to witness a growth rate of around 31.0% from 2023 to 2030
  • The Asia Pacific regional market is anticipated to register a CAGR of around 31.0% from 2023 to 2030

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

Location-based Entertainment Market Segmentation

Grand View Research has segmented the global location-based entertainment based on component, end-use, technology, and region:

Location-based Entertainment Component Outlook (Revenue, USD Million, 2018 - 2030)

  • Hardware
  • Software

Location-based Entertainment Technology Outlook (Revenue, USD Million, 2018 - 2030)

  • 2 Dimensional (2D)
  • 3 Dimensional (3D)
  • Cloud Merged Reality

Location-based Entertainment End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Amusement Parks
  • Arcade Studios
  • 4D films

Location-based Entertainment Regional Scope (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Location-based Entertainment Market

  • 4Experience
  • AEON Fantasy Co
  • Barron Games International
  • Bob’s Space Racers
  • CamOnApp
  • Cinepolis
  • Disney Parks, Experience, and Products (The Walt Disney Company)
  • E-Learning Studios
  • Google LLC
  • HQ Software
  • HTC Corporation
  • Huawei Technologies Co., Ltd.
  • KidZania Operations S.A.R.L.
  • Magic Leap Inc.
  • Microsoft Corporation
  • Niantic Inc.
  • Overseas Chinese Town Enterprise Co. (OCT) Parks
  • Regal Entertainment Group
  • Samsung Electronics Co., Ltd.
  • Six Flag Entertainment Corporation
  • Springboard VR
  • Universal Parks and Resorts
  • VRstudios, 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.

Tuesday, 25 July 2023

Custom Antibody Market to Incur Meteoric Growth During 2023 to 2030: Grand View Research Inc.

 Custom Antibody Market Growth & Trends

The global custom antibody market size is expected to reach USD 301.7 million by 2030, expanding at a CAGR of 9.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market is expected to witness substantial growth during the forecast period. This growth is attributed to the increasing fundraising by biotech startups for developing innovative products. Additionally, rising awareness of personalized diagnostic and therapeutic treatments in emerging markets is also a contributing factor to the growth of the custom antibody market.

Increasing investment by the players to expand their services in the development and production of antibodies is likely to support the growth of the market. For instance, Absolute Antibody Ltd. is into the services of custom antibody sequencing, expression, and engineering. In August 2022, the company announced the expansion of its manufacturing facility by increasing the lab space and investing in automated technology such as next-generation sequencing, purification, and expression. The expansion is expected to improve the production workflow for recombinant antibodies.

Custom Antibody Market Report Scope

Report Attribute

Details

Market size value in 2023

USD 158.0 million

Revenue forecast in 2030

USD 301.7 million

Growth rate

CAGR of 9.7% from 2023 to 2030

Base year for estimation

2022

Historical data

2018 - 2021

Forecast period

2023 - 2030

Similarly, companies are also improving the application of custom antibodies. According to an article published in January 2023, MilliporeSigma is planning to develop new antibodies through its Cell Marque Tissue Diagnostics technology. The rabbit polyclonal antibody is customized to detect a type of glioma, ATRX. Gliomas account for 30% of tumors in the central nervous system. Through this antibody, the company is anticipated to expand its portfolio in neuropathology.   

Monetary support to academic and research institutions through grants from regulatory bodies and discount offers on services by companies are anticipated to enhance custom antibody discovery and research during the forecast period. For instance, Absolute antibody offers 10% off on custom services, while a similar discount is also offered by AltaBioscience for a limited time period. The discounts are expected to reduce the overall cost of production for researchers.

However, the high cost of producing custom monoclonal antibodies is expected to restrain the growth of the custom antibody market. The average estimated cost is around USD 6,000 to 15,000. The cost acts as a market entry barrier for various startups and emerging players. However, the cost can be reduced by developing reliable production reagents and techniques to avoid the upfront cost.

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Custom Antibody Market Report Highlights

  • By type, the monoclonal antibody segment is considered to be a relatively more mature and dominant segment than polyclonal in 2022. The increasing R&D investment by companies is expected to support the growth of the custom antibody market
  • By service, the antibody development segment captured the majority of the custom antibody market share in 2022. The number and type of players in this service segment are greater than antibody production and fragmentation, which is contributing to the growth
  • By source, the mice segment is estimated to be the fastest-growing during the forecast period. This is because mice are widely available lab animals and can be easily used for custom antibody production
  • By application, infectious disease is considered the key segment with the largest market share in 2022, and this trend is likely to be maintained over the forecast period. This growth can be attributed to the emerging infectious diseases in developing countries
  • By end-users, the academic and research institutions segment is estimated to be the fastest-growing segment, with the largest market share in 2022. The growth is attributed to the increasing grants and financial assistance from governments and companies
  • North America has established a strong regional position in the market with 44.91% of the overall market share in 2022. The increasing incidence rate of cancer and high R&D expenditure are encouraging companies to undertake product development in the region

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

Custom Antibody Market Segmentation

Grand View Research has segmented the global custom antibody market based on type, service, source, application, end-user, and region.

Custom Antibody Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Monoclonal Antibodies
  • Polyclonal Antibodies
  • Recombinant Antibodies
  • Others

Custom Antibody Service Outlook (Revenue, USD Million, 2018 - 2030)

  • Antibody Development
  • Antibody Production & Purification
  • Antibody Fragmentation & Labeling

Custom Antibody Source Outlook (Revenue, USD Million, 2018 - 2030)

  • Mice
  • Rabbit
  • Others

Custom Antibody Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Oncology
  • Infectious Diseases
  • Neurology
  • Stem cells
  • Immunology
  • Cardiovascular Diseases
  • Others

Custom Antibody End-user Outlook (Revenue, USD Million, 2018 - 2030)

  • Pharmaceutical & Biotechnology Companies
  • Academic & Research Institutes
  • CRO
  • Hospitals And Clinics

Custom Antibody 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
    • South Korea
    • Australia
    • Thailand
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait

List of Key Players in the Custom Antibody Market

  • Thermo Fisher Scientific Inc.
  • Creative Diagnostics
  • Abcam plc
  • Bio-Rad Laboratories, Inc
  • Kaneka Eurogentec S.A.
  • YenZym Antibodies, LLC.
  • Abmart
  • Labcorp Drug Development
  • LifeSpan BioSciences, Inc
  • GenScript

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.

Pediatric Medical Devices Market to Penetrate Untapped Regions During 2023 to 2030: Grand View Research Inc.

 Pediatric Medical Devices Market Growth & Trends

The global pediatric medical devices market size is expected to reach USD 51.9 billion by 2030, expanding at a CAGR of 7.8% over the forecast period, according to a new report by Grand View Research, Inc. The rising prevalence of chronic diseases among children such as asthma, cystic fibrosis, diabetes, epilepsy, and technological advancements in pediatric medical devices are the major growth-propelling factors for the market.

Pediatric medical devices diagnose or treat diseases from birth through adolescence. The Federal Food, Drug, and Cosmetic Act consist of pediatric patients aged 21 or younger at the time of the treatment. In the U.S., the commercialization and development of pediatric medical devices lag significantly behind the medical devices for adults. In the last few years, only 24% of lifesaving medical devices have been approved by the FDA that can be used for childcare, and the majority of its users are 12 years and above.

Pediatric Medical Devices Market Report Scope

Report Attribute

Details

Market size value in 2023

USD 30.7 billion

Revenue forecast in 2030

USD 51.9 billion

Growth rate

CAGR of 7.8% from 2023 to 2030

Base year for estimation

2022

Historical data

2018 - 2021

Forecast period

2023 - 2030

The COVID-19 pandemic has put the medical device industry at the center with unparalleled demand for personal protective equipment, diagnostic tests, ventilators, and other critical medical supplies. However, the pediatric medical device industry is highly impacted by the substantial decrease in the number of surgeries, many of which are being canceled or postponed so that hospitals and clinics can focus their resources on treating COVID-19 patients. The reopening of manufacturing units and supply-chain is expected to grow the market of pediatric medical devices.

The development and design of pediatric medical devices continue to be an exciting field. There are only a few pediatric devices than adult devices in the market which is forcing pediatric professionals to suggest alternative ways of treating children using devices mainly made for adults. Pediatric medical devices cover a wide range of indications and risks associated with child care. It also helps to reduce disease burden and improve the quality of life for many children.

Various innovation competitions took place to support new and advanced pediatric medical devices. For instance, since 2013, the “Make Your Medical Device Pitch for Kids” international competition has focused on supporting and identifying innovations that will make a substantial improvement in pediatric care.

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Pediatric Medical Devices Market Highlights

  • The anesthesia and respiratory care devices segment is expected to showcase the fastest CAGR over the forecast period as it is a commonly used product among children
  • In Vitro Diagnostic (IVD) Devices segment held the largest share as of 2022 owing to the accurate and error-free diagnostic through the product
  • The pediatric clinics segment is expected to showcase lucrative CAGR over the forecast period as these clinics are especially focused on children’s care
  • The hospitals held the largest share as of 2022 owing to the high number of patient admission in the hospitals

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

Pediatric Medical Devices Market Segmentation

Grand View Research has segmented the global pediatric medical devices market based on product, end-user, and region:

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

  • Cardiology Devices
  • In Vitro Diagnostic (IVD) Devices
  • Diagnostic Imaging Devices
  • Anesthesia & Respiratory Care Devices
  • Neonatal ICU Devices
  • Others

Pediatric Medical Devices End-user Outlook (Revenue, USD Million, 2018 - 2030)

  • Hospitals
  • Pediatric Clinics
  • Ambulatory Surgery Centers
  • Others

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

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

List of Key Players in Pediatric Medical Devices Market

  • TSE MEDICAL
  • Ningbo David Medical Device Co. Ltd
  • Hamilton Medical
  • GE Healthcare
  • Fritz Stephan GmbH
  • Phoenix Medical Systems Pvt Ltd
  • Novonate Inc.
  • Trimpeks
  • Atom Medical Corporation
  • Abbott
  • Medtronic 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.

Protein Crystallization Market Forecast 2030 Top Companies, Trends and Growth Factors Details for Business Development

 Protein Crystallization Market Growth & Trends

The global protein crystallization market size is expected to reach USD 2.14 billion by 2030, registering a CAGR of 8.25% from 2023 to 2030, according to a new report by Grand View Research, Inc. The rising demand for protein-based therapeutics, increasing funding & investments in proteomics research, and technological advancements in crystallography techniques are the key factors driving the market. Furthermore, major pharmaceutical applications associated with crystallization such as drug development, formulation, purification & separation, and drug delivery are anticipated to further boost the market during the study period.

Increasing funding & investments by several pharmaceutical and biotechnological companies are enhancing the R&D activities of proteomics in drug development. For instance, in January 2022, Protai raised funding of USD 8.0 million to develop a proteomics-based platform. This platform enables the viewing of new layers of disease on the protein level to reshape the drug discovery and development process. Hence, increasing funding may boost R&D activities, which ultimately increases the demand for protein crystallization techniques.

Protein Crystallization Market Report Scope

Report Attribute

Details

Market size value in 2023

USD 1.23 billion

Revenue forecast in 2030

USD 2.14 billion

Growth rate

CAGR of 8.25% from 2023 to 2030

Base year for estimation

2022

Historical data

2018 - 2021

Forecast period

2023 - 2030

The sudden outbreak of COVID-19 led to an upsurge in research and development activities to design vaccines and drugs. Hence, it was important for researchers to study the structure, function, and pathogenesis of the virus. The crystallization techniques help researchers to determine the structure of SARS-CoV-2 proteins for the development of novel vaccines to treat the disease. For instance, researchers at Serum Institute of India Pvt. Ltd. developed a COVOVAX protein recombinant vaccine for COVID-19. Thus, the COVID-19 pandemic had a positive impact on the market.

Moreover, an increasing number of individuals have been utilizing protein-based drugs owing to their advantages such as low toxicity, high potency & specificity, and high tolerance by the human body. In addition, major players in the market are entering into partnerships and collaborations to develop protein-based therapeutics at more affordable costs for patients. For instance, in January 2022, Amgen entered into collaboration with Generate Biomedicines to discover and develop proteins for five targets across multiple modalities and therapeutic areas. Thus, such initiatives are expected to drive the adoption of protein crystallization methods during the estimated timeframe.

Furthermore, protein crystallization may aid in the identification of potential treatments for multiple diseases, from muscular dystrophy to cancer. For instance, according to an article published on NASA in July 2022, as said by researchers at the Japan Aerospace Exploration Agency, protein crystal growth in space may slow the progression of muscular dystrophy by half and potentially double the life span of many patients. Hence, the increasing R&D activities on protein crystals can significantly fuel the market during the estimated timeframe.

On the other hand, the high cost of instruments may restrain the market during the forecast years. On average a cryo-electron microscope costs about USD six million to seven million and an additional investment has to be spent on the infrastructure and supporting equipment. Such high costs may not be affordable for small- and medium-sized laboratories, which hampers market growth to a certain extent. In addition, challenges associated with the formulation and delivery of protein therapeutics may limit the market to some extent. However, operating players in the market are continuously working on the development of affordable instruments for crystallization.

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Protein Crystallization Market Report Highlights

  • The consumables product segment held the largest share of 67.17% in 2022, owing to the advanced consumable offerings by the key players, coupled with recurring revenues generated by them
  • By technology, the X-ray crystallography segment accounted for the largest share of 53.42% in 2022. The large share is due to the benefits offered by X-ray crystallography techniques, such as the technology being relatively simple, cost-effective, offering better diffraction, reducing radiation damage to crystals, and the possibility of safe storage, transport, and reuse of crystals
  • By end-user, the pharmaceutical and biotechnology companies segment dominated the market in 2022 with a share of 67.60%, owing to the potential application of the method in biologics formulation by decreasing the viscosity of proteins in the crystalline form to create a higher concentration of effective therapeutics
  • North America held the largest market share of 35.71% in 2022. The large share can be attributed to the increased investments in private companies, government assistance, and favorable regulations

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

Protein Crystallization Market Segmentation

Grand View Research has segmented the global protein crystallization market based on the product, technology, end-user, and region:

Protein Crystallization Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Instruments
    • Liquid Handling Instruments
    • Crystal Imaging Instruments
  • Consumables
    • Reagents & Kits/Screens
    • Micro Plates
    • Others
  • Software & Services

Protein Crystallization Technology Outlook (Revenue, USD Million, 2018 - 2030)

  • X-ray Crystallography
  • Cryo-electron Microscopy
  • NMR Spectroscopy
  • Others

Protein Crystallization End-user Outlook (Revenue, USD Million, 2018 - 2030)

  • Pharmaceutical And Biotechnology Companies
  • Academic And Research Institutes

Protein Crystallization 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 and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait

List of Key Players in the Protein Crystallization Market

  • Rigaku Corporation 
  • FORMULATRIX
  • METTLER TOLEDO
  • Corning Incorporated
  • Greiner Bio-One International GmbH
  • HAMPTON RESEARCH CORP
  • Jena Bioscience GmbH
  • Bruker
  • Creative Proteomics
  • Molecular Dimensions

About Grand View Research

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

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