Thursday, 3 August 2023

Retinal Disorder Treatment Market Expected To Propel Industry Growth By 2030: Grand View Research Inc.

 Retinal Disorder Treatment Market Growth & Trends

The global retinal disorder treatment market size is expected to reach USD 25.69 billion, expanding at a CAGR of 9.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. Growth in the market is fueled by the increasing prevalence of retinal disorders around the world and the unmet need for affordable and efficient treatments. Furthermore, improved funding by regulatory bodies for R&D associated with ocular disorders is expected to further drive market growth.

Retinal diseases are one of the leading causes of visual impairment among the global population. According to WHO, in 2022, a near or distant vision impairment affects at least 2.2 billion people worldwide. Nearly half of these cases, or around 1 billion, involved vision impairments that either could have been avoided or are still unaddressed. Factors such as changing lifestyles, increased life expectancy, and escalating prevalence of systemic diseases like hypertension and diabetes mellitus are the most common causes of retinal disorders. This demonstrates an unmet need among retinal disorder patients for treatment of the condition.

Retinal Disorder Treatment Market Report Scope

Report Attribute

Details

Market size value in 2023

USD 13.69 billion

Revenue forecast in 2030

USD 25.69 billion

Growth rate

CAGR of 9.3% from 2023 to 2030

Base year for estimation

2022

Historical data

2018 - 2021

Forecast period

2023 - 2030

The rising geriatric population is acting as a driver for the market; age-related macular degeneration (AMD) is one of the leading causes of vision loss in people aged over 65 years. AMD is characterized by the degeneration of an area of the retina known as the macula, which is responsible for central vision. The growing elderly population is expected to create a wider patient pool for the treatment of AMD. For instance, according to a WHO report in 2021, by 2030, 1 in every 6 people in the world will be aged 60 years or over. Furthermore, over this period of time, the population aged over 60 years is expected to increase from 1 billion in 2020 to 1.4 billion.

The high cost associated with retinal disorder treatment poses a threat to the growth of the market. However, increasing efforts from key players operating in the market for developing new products for the enhancement of their product pipeline is expected to drive the market. For instance, in January 2022, Genentech’s Vabysmo was approved by the FDA, the first-in-class bispecific antibody for the treatment of wet age-related macular degeneration and diabetic macular edema. The launch of novel products is expected to propel market growth.

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Retinal Disorder Treatment Market Report Highlights

  • By type, the macular degeneration segment held the largest market share in 2022, which is attributable to its high prevalence, rising awareness about the disease, and promising pipeline products
  • Eye drops dosage form segment is projected to grow at the fastest rate over the forecast period due to its high adoption and ease of use
  • Hospital pharmacies held a dominant share of the distribution channel segment in 2022 due to the ease of access and availability of patient records
  • North America dominated the global market in 2022 and is expected to grow considerably in the future, owing to the rising prevalence of retinal disorders and the increasing consumer awareness about retinal disorders
  • A few of the key players include Regeneron Pharmaceuticals Inc., Shire (Takeda Pharmaceutical Company Limited), Graybug Vision, Inc., Bayer AG, Santen Pharmaceutical Co., Ltd., and Genentech, Inc.

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

Retinal Disorder Treatment Market Segmentation

Grand View Research has segmented the global retinal disorder treatment market based on type, dosage form, distribution channel, and region:

Retinal Disorder Treatment Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Macular Degeneration
    • Dry Macular Degeneration
    • Wet Macular Degeneration
  • Diabetic Retinopathy
  • Others

Retinal Disorder Treatment Dosage Form Outlook (Revenue, USD Million, 2018 - 2030)

  • Gels
  • Eye Solutions
  • Capsules & Tablets
  • Eye Drops
  • Ointments

Retinal Disorder Treatment Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Hospital Pharmacy
  • Online Pharmacy
  • Retail Pharmacy

Retinal Disorder Treatment 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
    • Thailand
    • Australia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait

List of Key Players in the Retinal Disorder Treatment Market

  • Santen Pharmaceutical Co., Ltd.
  • Regeneron Pharmaceuticals Inc.
  • Graybug Vision, Inc.
  • Shire (Takeda Pharmaceutical Company Limited)
  • Bayer AG
  • Allergan plc. (AbbVie Inc.)
  • Genentech, Inc. (F. Hoffmann-La Roche Ltd.)
  • Acucela Inc.
  • Pfizer, Inc.
  • Kubota Pharmaceutical Holdings Co., 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.

Socks Market Top Players, Analysis And Forecast Till 2030: Grand View Research Inc.

 Socks Market Growth & Trends

The global socks market is expected to reach USD 73.6 billion by 2030, registering a CAGR of 6.4% over the forecast period, according to a new report by Grand View Research, Inc. The increasing trend of formal clothing among white-collar professionals is anticipated to play a vital role in boosting product demand. This, in turn, is estimated to increase market growth over the forecast period. Furthermore, growing spending on health, as well as fitness, is anticipated to fuel the demand for different footwear accessories that include sports socks and ankle socks. Over the last couple of years, different healthcare professionals have increased their spending on publishing several research papers on keeping the feet healthy on account of the growing occurrences of foot disorders related to diabetes.

As a result, some of the companies including Dr. Oxyn and Podolite have launched customized diabetic socks to reduce the risk of foot ulcers, which function as a root cause of infections, or amputation. The presence of corporate offices in emerging economies including China, Bangladesh, India, and Mexico, due to supportive policies to promote investments at a domestic level, is expected to remain a favorable factor for industry growth. However, increasing demand for footwear, such as sandals and slippers, is hindering the growth of this market. Rising demand for specialized socks along with the increasing awareness about fitness & health in various regions will create development opportunities for the industry over the forecast period.

Socks Market Report Scope

Report Attribute

Details

Market size value in 2023

USD 47.1 billion

Revenue forecast in 2030

USD 73.6 billion

Growth rate

CAGR of 6.4% from 2023 to 2030

Base year for estimation

2022

Historical data

2017 - 2021

Forecast period

2023 - 2030

Industry development is likely to be higher in emerging regions due to the increasing penetration of corporate offices, which creates ample growth opportunities for the market. The COVID-19 pandemic has impacted the industry, as the product demand was decreased globally. With the lockdown and movement restrictions, socks sales were drastically impacted. However, top players reinvented their product lines and most of them utilized the lockdown period to innovate their production and retail approach. The demand for socks is significantly influenced by changing fashion and style trends. As people seek to stay up-to-date with the latest trends and styles, they often purchase new socks that match their fashion preferences. Socks with colorful patterns or bold designs may be popular in one season, while plain and classic styles may be preferred in another.

This trend-driven demand creates opportunities for companies to introduce new sock designs and styles to capture consumer interest and generate sales. Socks designed for specific sports or fitness activities are gaining popularity among enthusiasts. These specialized socks offer benefits, such as improved performance, increased comfort, and reduced risk of injury. For instance, compression socks worn during exercise can improve blood circulation and help prevent swelling and soreness in the feet and legs. As more people engage in sports and fitness activities, the demand for specialized socks is expected to grow, providing opportunities for companies that cater to this niche market.

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Socks Market Report Highlights

  • Casual socks are the leading product segment and held a share of almost 54% of the global revenue in 2022. Many brands are using sustainable and eco-friendly materials, while others are incorporating compression or moisture-wicking technologies into their socks
  • The athletic socks segment is projected to accelerate at a CAGR of 6.9% during the forecast period. This growth can be attributed to several factors, such as the increasing popularity of athleisure wear, rising awareness about the importance of comfortable & supportive socks for athletic performance, and the growth of e-commerce platforms that make it easier for consumers to purchase athletic socks
  • Men’s socks held a revenue share of 62.8% in 2022. The segment is likely to continue its growth in the coming years as consumers have become more aware of the importance of high-quality socks for both comfort and style. The women’s socks market is progressing rapidly and is expected to improve by 1.6x by 2030. One of the reasons for the growth in the women's socks market is the changing fashion trends. Socks are no longer seen as just a functional item but also as a fashion accessory. As a result, women are now looking for socks that not only provide comfort but also look stylish
  • Hypermarkets and supermarkets are the leading distribution channel for socks and held a share of 56.7% of the global revenue in 2022. However, customers are levitating towards online retail channels and thus, the online segment is expected to register a CAGR of 7.1% during the forecast period

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

Socks Market Segmentation

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

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

  • Casual
  • Formal
  • Athletic

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

  • Men
  • Women
  • Children

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

  • Hypermarkets And Supermarkets
  • Convenience Stores
  • Online

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

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

List of Key Players in the Socks Market

  • Nike Inc.
  • Puma S.E.
  • Adidas A.G.
  • Asics Corp.
  • Skechers USA, Inc.
  • Hanesbrands Inc.
  • Under Armour, Inc.
  • VF Corp.
  • Jockey International Inc.
  • Drymax Technologies 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.

Enterprise Architecture Tools Market Overview, Analysis And Forecast To 2028: Grand View Research Inc.

 Enterprise Architecture Tools Market Growth & Trends

The global enterprise architecture tools market size is estimated to reach USD 1.41 billion by 2028, expanding at a CAGR of 4.9% from 2021 to 2028, according to a new study by Grand View Research, Inc. Increasing importance of affiliate enterprise IT solutions and business-driven architecture methods are expected to boost the market growth. The business is being supported by the enterprise architecture tools, which add large data capabilities and save time meanwhile reducing the process time. These factors are anticipated to increase the use of enterprise architecture tools by businesses, subsequently driving the market growth globally.

Enterprise architecture tools offer an added advantage of aiding strategic decision-making and integrating data across industries. The growing demand for all-in-one platforms, implementation of effective business strategies, understanding of strategic architecture, and assessment of possibilities and business risks are expected to boost the demand for enterprise architecture tools. Moreover, enterprise architecture tools also help and support data integration and facilitate better IT and strategic decisions, thereby, driving the market growth globally.

Enterprise Architecture Tools Market Report Scope

Report Attribute

Details

Market size value in 2021

USD 1.01 billion

Revenue forecast in 2028

USD 1.41 billion

Growth rate

CAGR of 4.9% from 2021 to 2028

Base year for estimation

2020

Historical data

2018 - 2019

Forecast period

2021 - 2028

Some challenges in the market growth include data theft, security of data, low availability of skilled labor, and higher costs of tools, which are projected to hamper the market growth. In recent years, data thefts have increased, and the average cost of a data breach was estimated to be around USD 3.92 million in 2019. Thus, companies are expected to deploy a variety of software to reduce data thefts and increase security. Furthermore, with technological advancements and vendors investing in enterprise tools, companies are anticipated to mitigate flaws in architecture tools integration. This is expected to increase the market growth despite the challenges.

To be competitive, market participants use differentiation techniques and focus on introducing new products. For instance, in September 2020, Mega International introduced HOPEX V4, which included HOPEX 360 (a new enterprise portal), Risk Management, IT Business Management, and Information Architecture. Moreover, collaborations, partnerships, mergers, and acquisitions are also expected to help companies in gaining market shares and increasing investments in the market for enterprise architecture tools. For instance, in August 2020, both Software AG and du from Emirates Integrated Telecommunications Company (EITC) collaborated to provide a subscription-based licensing model for IoT services to their corporate clients. The companies were able to address difficult IoT incorporation for enterprises in the UAE through this partnership.

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Enterprise Architecture Tools Market Report Highlights

  • The security architecture segment is expected to witness significant growth over the forecast period. The increasing number of data threats is expected to lead to the deployment of a greater number of security architectures as they include tools, technologies, and processes that are used to protect a business from external threats
  • The cloud segment is anticipated to expand at the highest CAGR from 2021 to 2028. The popularity of cloud technology among cost-sensitive customers and small and medium enterprises is anticipated to boost the adoption of cloud enterprise architecture tools
  • The small and medium enterprise segment is expected to register the highest CAGR from 2021 to 2028. Factors such as the growing number of providers and the demand for business-driven tools and solutions have boosted the adoption across SMEs
  • The healthcare segment is anticipated to emerge as the fastest-growing end-use segment over the forecast period. Maximization of ICT advantages, integration of resources, integration of data, and reduction of unnecessary cost are the key factors driving the healthcare segment growth
  • Asia Pacific is anticipated to emerge as the fastest-growing regional market over the forecast period. China, Japan, and India are the key countries characterized by the maximum deployment of architecture tools in organizations. The growing adoption of enterprise architecture tools among businesses to implement effective corporate strategies in various enterprise tasks and practices is expected to boost market growth in the Asia Pacific region

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

Enterprise Architecture Tools Market Segmentation

Grand View Research has segmented the global enterprise architecture tools market based on solution, deployment, enterprise size, end use, and region:

Enterprise Architecture Tools Solution Outlook (Revenue, USD Million, 2018 - 2028)

  • Application Architecture
  • Data Architecture
  • Security Architecture
  • Infrastructure Architecture
  • Others

Enterprise Architecture Tools Deployment Outlook (Revenue, USD Million, 2018 - 2028)

  • On-premise
  • Cloud

Enterprise Architecture Tools Enterprise Size Outlook (Revenue, USD Million, 2018 - 2028)

  • Small & Medium Enterprises (SMEs)
  • Large Enterprises

Enterprise Architecture Tools End-use Outlook (Revenue, USD Million, 2018 - 2028)

  • BFSI
  • Consumer Goods & Retail
  • IT & Telecom
  • Manufacturing
  • Healthcare
  • Others

Enterprise Architecture Tools Regional Outlook (Revenue, USD Million, 2018 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK.
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
  • MEA

List of Key Players in the Enterprise Architecture Tools Market

  • Software AG
  • Avolution
  • BiZZdesign
  • MEGA International
  • BOC Group
  • Orbus Software
  • QualiWare
  • LeanIX
  • erwin
  • ValueBlue

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.

Security Printing Market Expected To Trigger A Revenue To USD 4.04 Billion By 2028: Grand View Research, Inc.

 Security Printing Market Growth & Trends

The global security printing market size is estimated to reach USD 4.04 billion by 2028, according to the new report by Grand View Research, Inc. The market is expected to witness a CAGR of 3.9% from 2021 to 2028. Security printing deals with the printing of items such as passports, banknotes, product authentication, stock certificates, tamper-evident labels, postage stamps, cheques, and identity cards.

Security printing is widely used to prevent tampering, forgery, and counterfeiting. Different types of security printing techniques are used for different applications. The market is estimated to witness growth over the forecast period owing to rising incidences of counterfeiting and forgery practices. Counterfeiting practices are mainly rampant in banknotes, postage stamps, passports, stock certificates, identity cards, and product authentication. Security printing helps in the prevention of forgery and tampering of the aforementioned instruments.

The key end market verticals in security printing include Financial Services, Banking, Insurance, personal ID industry, ticketing industry driving license industry, passport industry, and birth certificate issuing. Several methods used in security printing involve holograms, Ultra Violet (UV) printing intaglio printing, micro printing, geometric lathe work, magnetic inks, anti-copying marks, guilloches, color-shifting ink, and rainbow printing.

Security Printing Market Report Scope

Report Attribute

Details

Market size value in 2021

USD 3.09 billion

Revenue forecast in 2028

USD 4.04 billion

Growth rate

CAGR of 3.9% from 2021 to 2028

Base year for estimation

2020

Historical data

2017 - 2019

Forecast period

2021 - 2028

Security printing can help prevent counterfeiters and reduce fraudulent instances. For instance, in the case of currencies and bank checks, micro printing plays an important role to avoid counterfeiting practices. Additionally, serial numbers enable easier identification of legitimate documents for auditing and tracking. The serial numbers are also used in detecting counterfeits by tracking a check digit. Magnetic ink character recognition technology considerably helps in the reduction of errors in the computerized or automated reading of documents and currencies.

The increasing need for brand protection is expected to support market growth. This can be attributed to the companies indulging in huge losses and reputation dilution due to the copying of the brand names by the product pirates. Increased emphasis on brand protection is expected to be conducive for market growth. Recently many of the techniques used to protect high-value documents have become available to commercial printers, with the use of traditional offset, digital platforms, presses, or flexographic.

Security paper and polymer materials are often used as substrates to perform security printing. Several methods used in security printing include magnetic inks, intaglio printing, holograms, micro printing, anti-copying marks, geometric lathe work, guilloches, rainbow printing, fine-line printing prismatic coloration, color-shifting ink, and Ultra Violet (UV) printing.

The market finds major applications in the banking and tourism sectors. The tourism sectors were drastically impacted by the Covid-19 pandemic. Restrictions on domestic and international travel have considerably affected the tourism sector. The shut-down of manufacturing units caused a delay in the production of security printer parts and accessories, leading to a decline in the sales of security printers.

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Security Printing Market Report Highlights

  • Increasing awareness of various fraudulent activities among customers is expected to create new opportunities for the market growth
  • The critical factors driving the market growth are increasing technological advancements and the adoption of currency printing for better regulation and governance
  • Companies are heavily investing in the research and development of efficient technological solutions to secure financial documents and currency
  • The lithographic printing segment dominated the market in 2020 and is expected to expand its market share to more than 30% by 2028
  • The legal and government documents application segment held the largest market share in 2020 owing to increasing printing, reprinting, and circulation of banknotes and the growing tourism industry resulting in the rising implementation of security printing
  • North America is expected to witness considerable growth over the forecast period on account of the growing awareness about document security and high instances of forgery and counterfeiting
  • The prominent players in the industry include Agfa-Gevaert Group; DSS; Printegra, An Ennis Company; TROY Group, Inc.; and Wellspring Software, Inc. Key players are focusing on research and development, which, in turn, would help increase their market presence

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

Security Printing Market Segmentation

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

Security Printing Type Outlook (Revenue, USD Million, 2017 - 2028)

  • Screen Printing
  • Letterpress Printing
  • Digital Printing
  • Lithographic Printing
  • Intaglio Printing
  • Others

Security Printing Application Outlook (Revenue, USD Million, 2017 - 2028)

  • Cheques
  • Legal & Government Documents
  • Certificates
  • Others

Security Printing Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players in the Security Printing Market

  • Agfa-Gevaert Group
  • Amgraf, Inc.
  • DSS
  • Graphic Dimensions Inc.
  • GRAPHIC SECURITY SYSTEMS CORPORATION (GSSC)
  • Plus Technologies LLC
  • Printegra, An Ennis Company
  • The Flesh Company
  • TROY Group, Inc.
  • Wellspring Software, Inc.
  • Рrintech

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.

Genomics Market Size, Industry Share And Growth Analysis For 2023-2030: Grand View Research Inc.

 Genomics Market Growth & Trends

The global genomics market size is expected to reach USD 94.86 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 16.5% in the forecast period owing to the increasing demand for novel therapeutic and research applications in genomics. Moreover, it is extensively used for a wide variety of applications, such as pharmacogenomics, and metagenomics. The emerging applications of genomics are braced up by industrial collaborations and expansions. For instance, in June 2020, Merck & Co., Inc., and 10x Genomics, Inc., collaborates to develop powerful genomics-based experiments to better understand the relationship between specific genes and disease by using 10x Genomics’ barcode technology to screen single cells using CRISPR libraries.

Technological advancements in the genomics market such as research on chromosomal instability and gene signatures utilizing unique samples from huge databases give out comprehensive insights into their clinical applicability. For instance, in June 2022, researchers from Cambridge University and the National Cancer Research Center (at Madrid, Spain) deduced to track chromosomal instability and copy number variations to understand the role of internal factors in driving such genomic alterations in cancers that are fatal in nature.

Diseases caused by genetic inheritance can cause a wide range of disease conditions such as cardiovascular, diabetes, and cancer conditions. Genetic disorders can be effectively combatted by understanding specific characteristics of an individual’s genome sequence. For instance, in November 2021, Illumina, Inc. and the Genetic Alliance, collectively declared the launch of the iHope genetic health program so as to facilitate access to whole-genome sequencing to survivors of genetic disorders across the globeDee with one-third of the efforts to support subjects in Africa.

The market is positively driven by the lucrative support from the government and other research organizations for advancement in research on the genome sequence. There has been an increasing focus on funds for data-driven initiatives on genome sequence research to derive outcomes that are helpful for the treatment of rare diseases, infectious diseases, inherited disorders, and cancers. For instance, in August 2022, Medical Device Innovation Consortium launched its somatic reference samples initiative to develop clinically relevant samples and public genomic datasets to aid the enhancement of NGS-based cancer diagnostics. Similarly, in September 2022, the Centres for Disease Control (CDC) declared 5-year awards to establish the pathogen genomics centers of excellence (PGCoE) network to foster innovation and capabilities in bioinformatics, pathogen genomics, and molecular epidemiology.

One of the most important factors anticipated to impact the genomics market is how much and to what extent the medical community will make use of available genomic information in personalized medicine. Furthermore, plummeting costs of sequencing support an increase in the adoption of whole genome sequencing. Scientists are combining the data generated from sequencing with diagnostics, which has proven effective in enhancing the personalized treatment landscape. According to a report published by OGL, as of July 2021, the UK exceeded 600,000 SARS-CoV-2 genomically sequenced tests. Genomic sequencing has been helpful in the fight against SARS-CoV-2 by quickly identifying variations that are of concern, elucidating how they spread, and halting them.

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Genomics Market Report Highlights

  • The overall growth of the genomics market is attributed to the rising dependence of novel therapeutics for genetic disorders and cancers on genomics-based understanding
  • Functional genomics held the largest market share in the year 2022, owing to the demand for rising applications in diagnostics and gene therapy. Biomarker discovery is anticipated to be the fastest-growing segment in the forecast period due to rising applications of biomarkers in disease and therapeutics research
  • North America dominated the market in 2022 due to the presence of key players and rising support from the government and research institutes to advance the research on Genomics in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/genomics-market-analysis

Genomics Market Segmentation

Grand View Research has segmented the global genomics market on the basis of application, deliverables, end-use, and region:

Genomics Application & Technology Outlook (Revenue, USD Million, 2018 - 2030)

  • Functional Genomics
    • Real-Time PCR
    • Transfection
    • SNP Analysis
    • Mutational Analysis
    • Microarray Analysis
    • RNA Interference
  • Epigenomics
    • Bisulfite Sequencing
    • Chromatin Immunoprecipitation (ChIP & ChIP-Seq)
    • Methylated DNA Immunoprecipitation (MeDIP)
    • High Resolution Melt (HRM)
    • Chromatin Accessibility Assays
    • Microarray Analysis
  • Pathway Analysis
    • Microarray Analysis
    • Bead-Based Analysis
    • Real-time PCR
    • Proteomics tools (2-D PAGE; yeast 2-hybrid studies)
  • Biomarker Discovery
    • DNA Sequencing
    • Microarray Analysis
    • Real-time PCR
    • Mass Spectrometry
    • Statistical Analysis
    • Bioinformatics
  • Others

Genomics Deliverables Outlook (Revenue, USD Million, 2018 - 2030)

  • Products
    • Instruments/Systems/Software
    • Consumables & Reagents
  • Services
    • Core Genomics services
    • NGS-based Services
    • Biomarker Translational Services
    • Computational Services
    • Others

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

  • Clinical Research
  • Academic & Government Institutes
  • Hospitals & Clinics
  • Pharmaceutical & Biotechnology Companies
  • Other End Users

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

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
    • France
    • Spain
    • Italy
    • 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 Genomics Market

  • Agilent Technologies
  • Bio-Rad Laboratories, Inc.
  • BGI Genomics
  • Color Genomics, Inc.
  • Danaher Corporation
  • Eppendorf AG
  • Eurofins Scientific
  • Hoffmann-La Roche Ltd.
  • GE Healthcare
  • Illumina, Inc.
  • Myriad Genetics, Inc.
  • Oxford Nanopore Technologies
  • Pacific Biosciences of California, Inc.
  • QIAGEN N.V.
  • Quest Diagnostics Incorporated
  • Thermo Fisher Scientific, Inc.
  • 23andMe, 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.

Genome Editing Market Trends Regulations And Competitive Landscape Outlook to 2030

 Genome Editing Market Growth & Trends

The global genome editing market size is expected to reach USD 24.99 billion by 2030, exhibiting a CAGR of 17.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 17.8% from 2023 to 2030 The increasing advancements in genome editing technology, the growing funding & investments in the genomics industry, the increasing prevalence of genetic disorders, and the need for improved treatments and therapies are major factors driving revenue growth.

The evolution of genome editing technologies is another contributing factor to drive revenue growth in the market. Most effective and accurate gene editing is now possible through the enhancement of new and advanced genome editing methods including CRISPR-Cas13,prime editing, and base editing, amongst others. This creates genome editing methods used more often in academic and medical contexts. For instance, in January 2020, ERS Genomics and New England Biolab collaborated to develop and commercialize CRISPR gene modification tools & reagents.

The increasing application of gene-modification tools in therapeutic research has resulted in the rising number of advanced therapeutics entering clinical trials. Furthermore, the use of artificial intelligence to advance the implementation of novel gene modification systems exhibits great potential for the technology developer. This is anticipated to greatly favor revenue generation in the foreseeable future. Research communities are exploring the potential of gene-modification instruments such as CRISPR as a potential fast screening solution for various chronic diseases. Such research programs are likely to benefit the market for genome editing in the coming years.

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Genome Editing Market Report Highlights

  • By technology, the (CRISPR)/Cas9 segment held the highest share of 42.9% in 2022. It is due to an increased usage of CRISPR owing to its advantages such as targeted gene disruption
  • Ex-vivo accounted for the dominant share of 52.6% in the delivery method segment in 2022. The dominant share is attributed to the growing high control offered by the model in DNA modification
  • The genetic engineering segment dominated the global market in terms of application, due to the increasing number of gene therapy clinical trials
  • By end-user, biotechnologyand pharmaceutical companies segment held a major share of 51.2% in 2022 due to a growing number of research activities for novel therapeutic development within various biotechnology companies
  • The contract-based segment dominated the market in 2022, due to the cost-effective services offered by contract service providers
  • North America held a dominant share of 47.9% in 2022. The major reason is the presence of strong research, as well as a commercial base for advanced therapy development coupled with a high number of clinical trials being conducted for gene and stem cell therapies in the region
  • A few of the key players include Merck KGaA; Cibus; Recombinetics, Inc.; Sangamo; Editas Medicine; Precision Biosciences; CRISPR Therapeutics; Intellia Therapeutics, Inc.; Caribou Biosciences, Inc.; Cellectis S.A.; AstraZeneca; Takara Bio USA; Horizon Discovery Group plc; Integrated DNA Technologies, Inc.; Egenesis Inc.; GenScript; New England Biolabs; and OriGene Technologies, Inc.

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

Genome Editing Market Segmentation

Grand View Research has segmented the global genome editing market based on technology, delivery method, application, mode, end-use, and region:

Genome Editing Technology Outlook (Revenue, USD Billion, 2018 - 2030)

  • (CRISPR)/Cas9
  • TALENs/MegaTALs
  • ZFN
  • Meganucleases
  • Others

Genome Editing Delivery Method Outlook (Revenue, USD Billion, 2018 - 2030)

  • Ex-vivo
  • In-vivo

Genome Editing Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Genetic Engineering
    • Cell Line Engineering
    • Animal Genetic Engineering
    • Plant Genetic Engineering
    • Others
  • Clinical Applications
    • Diagnostics
    • Therapy Development

Genome Editing Mode Outlook (Revenue, USD Billion, 2018 - 2030)

  • Contract
  • In-house

Genome Editing End-use Outlook (Revenue, USD Billion, 2018 - 2030)

  • Biotechnology & Pharmaceutical Companies
  • Academic & Government Research Institutes
  • Contract Research Organizations

Genome Editing Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Genome Editing Market

  • Merck KGaA
  • Cibus, Recombinetics, Inc.
  • Sangamo
  • Editas Medicine
  • Precision Biosciences
  • CRISPR Therapeutics
  • Intellia Therapeutics, Inc.
  • Caribou Biosciences, Inc.
  • Cellectis S.A.
  • AstraZeneca
  • Takara Bio USA
  • Horizon Discovery Group plc
  • Integrated DNA Technologies, Inc.
  • Egenesis Inc.
  • GenScript
  • New England Biolabs
  • OriGene Technologies, Inc.
  • Lonza
  • Thermo Fisher Scientific, Inc.

About Grand View Research

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

Wednesday, 2 August 2023

Bathroom Vanities Market Is Expected To Accomplish A Valuation Of Around $65.54 Billion By 2030

 

Bathroom Vanities Market Growth & Trends

The global bathroom vanities market size is expected to reach USD 65.54 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.9% from 2023 to 2030. The increasing disposable income and changing consumer lifestyles in Asia Pacific and Europe are projected to drive demand for bathroom vanities. Also, the growth of the leisure and hospitality industries across the globe is expected to boost the demand for bathroom vanities.

The rising disposable income and proliferating economic growth are escalating the purchasing power, as a result, there is a rise in demand for high-end and aesthetic home and bathroom products, which is likely favoring the growth of the market across the globe. The National Kitchen and Bath Association (NKBA) predicted bath product spending to reach USD 199 billion in 2022. Moreover, house construction and remodeling projects to be major growth factors in the market for bathroom vanities.

Additionally, consumers' purchase decisions are mainly impacted by their changing lifestyles and the equal importance they place on interior and exterior décor. However, with rising home prices, homes are becoming compact, and the number of rooms-and their size-is decreasing. As a result, consumers are increasingly investing in storage and furniture items that are multifunctional, have enough storage, and can be easily assembled at home.

In terms of design and style, although traditional and modern bathroom vanities are popular among consumers, they mainly prefer modern styles. According to data published by Bathroom Planet, a bathroom furniture and accessories retailer in the U.K., around 79% of consumers purchased modern-style bathroom vanities in 2021. Bathroom vanities have evolved over the years, and in response, key manufacturers have been introducing new styles, patterns, and designs to meet the changing demands of consumers. Vintage-style bathroom vanities are popular among consumers who prefer unique and retro-style bathrooms.

Furthermore, with the increasing expansion of real estate as well as commercial construction, the market is bound to witness growth in the bathroom fittings industry, which is likely to propel the demand for bathroom vanities in commercial and residential settings. According to a Global Real Estate report published by Morgan Stanley Capital International (MSCI) in 2021, the efficiently managed real estate market's size increased to USD 11.4 trillion from USD 10.5 trillion in 2020.

Request a free sample copy or view report summary: Bathroom Vanities Market Report

Bathroom Vanities Market Report Highlights

  • The glass segment is expected to expand at the fastest CAGR over the forecast period. The growing inclination toward elegant, stylish, modern, and fancy bathrooms is anticipated to widen the scope of premium-quality bathroom vanities over the forecast period
  • The residential segment accounted for the largest market share in 2022 and is expected to dominate the market over the forecast period. An increasing number of millennials buying homes, particularly pre-owned homes, is also fueling the demand for bathroom vanities
  • The Asia Pacific region accounted for the largest share in the global market in 2022. The growth is attributed to the rising spending on home renovation projects in the region. Moreover, the increasing population and improved standard of living have spurred the growth prospects of the construction sector in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/bathroom-vanities-market

Bathroom Vanities Market Segmentation

Grand View Research has segmented the global bathroom vanities market based on application, material, size and region:

Bathroom Vanities Application Outlook (Revenue, USD Million; 2017 - 2030)

  • Residential
  • Non-residential

Bathroom Vanities Material Outlook (Revenue, USD Million; 2017 - 2030)

  • Stone
  • Ceramic
  • Glass
  • Wood
  • Metal

Bathroom Vanities Size Outlook (Revenue, USD Million; 2017 - 2030)

  • 24 - 35 inch
  • 38 - 47 inch
  • 48 - 60 inch

Bathroom Vanities Regional Outlook (Revenue, USD Million; 2017 - 2030)

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

List of Key Players in the Bathroom Vanities Market

  • American Woodmark Corporation
  • Avanity Corporation
  • Bellaterra Home, LLC
  • Design Element Group, Inc.
  • Design House (DHI Corp.)
  • Empire Industries, Inc.
  • Foremost Groups
  • Wyndham Collection
  • Kohler Company
  • Water Creation, Inc.
  • Wilsonart LLC
  • Dupont Kitchen and Bath Fixtures
  • Caesarstone

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.

Veterinary Artificial Insemination Market Top Players, Analysis And Forecast Till 2030: Grand View Research Inc.

 Veterinary Artificial Insemination Market Growth & Trends

The global veterinary artificial insemination market size is expected to reach a valuation of USD 11.25 billion by 2030, expanding at 6.21% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The key factors driving the market growth include increasing consumption of animal protein, growing demand for livestock productivity, and adoption of sexed semen. In March 2023, Genetics Australia - the country’slargest artificial breeding supplier announced that it would merge with URUS - a leading player in the veterinary artificial insemination industry. This would provide Genetics Australiaaccess to global marketsin marketing Australian genetics.

The COVID-19 pandemic resulted in many challenges including dampened growth, decreased sales and marketing activities, supply chain hurdles, and delays in the delivery of AI services. The erratic and uncertain consumption patterns in several key markets exacerbated by sporadic lockdowns and logistical bottlenecks further increased the uncertainty in the market. The growth was also dampened by other factors such as the African Swine Fever. Genus, for instance, reported labor shortages, adverse impact on retail food service demand and meat packing capacity, and international logistics delays due to the pandemic. The company indicated that in the near-term, feed input costs, ASF, and COVID-19 implications would continue to exert pressure on the global porcine industry, particularly in China and Europe. In North America, the pandemic led to packing plant slowdowns during H1 of 2021.

To fulfill the continuously increasing demand for meat and dairy products, market players are expanding artificial insemination solutions to breed high-quality livestock and enhance production. For example, in August 2020, Cogent with AB Europe launched a novel sexed semen service for U.K. sheep producers. In September 2021, LIC- an agritech co-operative based in New Zealand launched a sexed semen lab in the country to meet the growing demand. This boosted the cooperative’s capabilities to artificially inseminate about 4.5 million cattle between the Spring mating season of September to December 2021. Developing regions such as Latin America are also contributing to the growth of the market for veterinary artificial insemination. For instance, Brazil, one of the major countries in the region has been adopting AI increasingly for the past decade. The country has also deployed Fixed-Time Artificial Insemination (FTAI) techniques to increase profitability and success rate.

Request a free sample copy or view report summary: Veterinary Artificial Insemination Market Report

Veterinary Artificial Insemination Market Report Highlights

  • By animal type, the bovine segment held the largest share of about 40% of the market in 2022 owing to rising consumption of beef, milk, and dairy products
  • By solutions, the services segment accounted for the largest revenue share of over 40% of the market in 2022. Artificial insemination service providers often offer genetic consultation services to help animal owners and breeders select appropriate sires with desirable traits for their breeding programs. Growing adoption of these services fuels segment growth.
  • Artificial insemination (AI) offers a safe and regulated environment for breeding, lowering the possibility of mishaps or injuries that could happen during natural mating. Furthermore, AI gives breeders more control over the breeding process, ensuring that mating takes place under the best possible circumstances, and raises the likelihood of viable pregnancies
  • In terms of distribution channels, the private segment accounted for the largest revenue share in 2022 and is expected to maintain its dominance throughout the forecast period
  • Private veterinary clinics and reproductive service providers are an integral part of the distribution channel. They offer artificial insemination services to clients and may collaborate with manufacturers, suppliers, and distributors to source AI products. These clinics often maintain stocks of equipment, consumables, and semen, and perform AI procedures on-site or through mobile services
  • North America dominated the market with a share of about 30% in 2022 while Latin America is anticipated to grow at the fastest rate of over 6% in the coming years. The high livestock population and increasing supportive initiatives by the public and private sectors are some of the key factors contributing to the market growth

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

Veterinary Artificial Insemination Market Segmentation

Grand View Research has segmented the veterinary artificial insemination market based on solutions, animal type, distribution channel, and region:

Veterinary Artificial Insemination Solutions Outlook (Revenue, USD Million, 2018 - 2030)

  • Equipment & Consumables
  • Semen
    • Normal
    • Sexed
  • Services

Veterinary Artificial Insemination Animal Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Bovine
  • Swine
  • Ovine & Caprine
  • Equine
  • Other Animals

Veterinary Artificial Insemination Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Private
  • Public

Veterinary Artificial Insemination Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • The U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • India
    • China
    • South Korea
    • Australia
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of LATAM
  • Middle East and Africa (MEA)
    • South Africa
    • Rest of MEA

List of Key Players in the Veterinary Artificial Insemination Market

  • Genus
  • URUS Group LP
  • CRV
  • SEMEX
  • IMV Technologies
  • Select Sires Inc.
  • Swine Genetics International
  • Shipley Swine Genetics
  • Stallion AI Services Ltd
  • STgenetics

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.

Patient Monitoring Accessories Market Poised to Expand at a Robust Pace Over 2033: Grand View Research Inc.

  Patient Monitoring Accessories Market Growth & Trends The global  patient monitoring accessories market  size is estimated to reach US...