Variable Rate Technology Market to Expand with Significant CAGR During 2022 – 2030: Grand View Research Inc.

 Variable Rate Technology Market Growth & Trends

The global variable rate technology market size is anticipated to reach USD 10.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 12.3% over the forecast period. Variable Rate Technology (VRT) is a tool that allows farmers to apply water, fertilizer, seed, and chemicals at different and suitable rates across a field. When a producer uses VRT to apply the correct amount of nutrients blended with the ideal seeding rate, they can produce more agricultural produce from every acre of the land and also reduce the wastage of input materials. Produce can be maximized by customizing each field zone's seeding and crop nutrition applications.

The fertility profile of different field areas is checked and applied with complementary seed, fertilizer, and irrigation applications; these pairings are known as prescriptions. The variable rate technology market has a vast scope for expansion. To realize this potential farm operation services, integration services, and other services are included. Numerous global businesses offer these services, including farm mapping, soil and moisture management, boundary mapping, and others. Companies such as Trimble, Inc. offer variable rates hardware technologies such as planting solutions, application control products, and displays, guidance systems, among others.

Due to its various inclusive features of variable rate technology, including crop health monitoring, data security, data administration, and stock management, the variable rate technology software market are predicted to expand significantly in the coming years. The variable-rate hardware solutions, including GPS/DGPS receivers, portable computers, sensors, and yield monitor systems, made up about half of the market for VRT offerings in 2021. The COVID-19 pandemic outbreak temporarily decreased demand for expensive agricultural machinery and related technology. The agriculture variable rate technology business picked up quickly post-pandemic. Due to the severe labor scarcity during the pandemic, which adversely affected the agriculture sector, the farmers were compelled to deploy agriculture-related technologies rather than depending on the workforce.

It remains challenge the industry is expected to face is data privacy and security. The key players in the market are focusing on new product development to increase their market share. For instance, the XAG P40 Agricultural Drone, a new generation of agricultural drones specifically created for smallholder farms, was introduced in February 2021 by the agricultural machinery manufacturer XAG, based in China.

The XAG P40 Agricultural Drone can carry up to 40 kilograms and cover up to 20 hectares in an hour. It is designed for big field areas. This aids in defending a huge expanse of land from pests, diseases, and weeds. The medium-to-large farm owners have hugely benefitted from the product. In December 2021, NX9, a software suite that delivers ISOBUS applications and core technologies for agricultural equipment and corresponding intellectual property rights, was acquired by CNH Industrial N.V. This acquisition builds upon the company's strategic momentum to efficiently develop and innovate products in the precision agriculture space and provide superior value for its farming clients.

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Variable Rate Technology Market Report Highlights

• Variable Rate Technology is gaining traction owing to the fast adoption of cutting-edge technology to lower labor costs in agriculture across the globe
• The hardware segment dominated the market in 2021 with a market share of about 69.87%. Guidance and Steering systems are the largest sub-segment of a hardware component in revenue
• The service segment is anticipated to witness a CAGR of 14.3% during the forecast period. The farm operation services sub-segment generated the highest revenue in 2021 in the service segment, accounting for USD 258.1 million. There is a growing demand for climate information, analytics, and data services
• The map-based technology segment contributed to more than half of the market revenue of technology component in 2021 as satellites are mainly used for farm mapping because they provide accurate results within a limited time, and the segment is anticipated to grow at a CAGR of 11.3% over the forecast period
• Cereals & Grains are the most grown crops, and therefore contributed to the highest revenue share in the year 2021, and is anticipated to register a CAGR of 12.8% over a forecast period.
• In August 2021, Bear Flag Robotics was acquired by Deere & Company. The agreement complements John Deere's goal to produce more intelligent machines with cutting-edge technology to fulfill unique client requirements, accelerate the farming sector, development and delivery of automation and autonomy 

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Variable Rate Technology Market Segmentation

Grand View Research has segmented the global variable rate technology market based on component, technology, crop type, farm size, application, and region:

Variable Rate Technology Component Outlook (Revenue, USD Million, 2017 - 2030)

• Hardware
  • Guidance and Steering systems
  • Flow and Application Control Devices
  • GPS/ DGPS Receivers
  • Handheld Mobile Devices/Computers
  • Yield Monitors
  • Others
• Software
• Services
  • Farm Operation Service
  • Integration and Consultation Services

Variable Rate Technology Outlook (Revenue, USD Million, 2017 - 2030)

• Map-based
• Sensor-based
  • Active Optical Sensor VRT
  • Drone-based VRT
  • Satellite-based VRT

Variable Rate Technology Crop Type Outlook (Revenue, USD Million, 2017 - 2030)

• Cereals and Grains
  • Corn
  • Wheat
  • Others
• Fruits and Vegetables
• Oilseeds and Pulses
  • Soybeans
  • Cotton
  • Other
• Others

Variable Rate Technology Farm Size Outlook (Revenue, USD Million, 2017 - 2030)

• Large farms
• Mid-sized Farms
• Small Farms

Variable Rate Technology Application Outlook (Revenue, USD Million, 2017 - 2030)

• Fertilizers
  • Urea VRT
  • UAN VRT
  • NH3 VRT
  • Other VRT
• Crop Protection Chemicals
  • Herbicides
  • Fungicides & Bactericides
  • Insecticides
  • Nematicides and others
• Soil Sensing
• Yield Monitoring
• Irrigation
• Others

Variable Rate Technology Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Variable Rate Technology Market

• Deere & Company
• Trimble, Inc.
• Agco Corporation
• Topcon Corporation
• CNH Industrial N.V.
• Kubota Corporation
• AG Leader Technology
• Teejet Technologies
• Valmont Industries, Inc.
• Lindsay 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.

Freeze-dried Food Market Soaring Demand Assures Motivated Revenue Share By 2030

 Freeze-dried Food Market Growth & Trends

The global freeze-dried food market size is expected to reach USD 69.83 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 7.6% from 2022 to 2030. The rising demand for food products with a long shelf life is the major growth driver. In addition, the growing demand for ready-to-eat products among consumers globally is further accelerating the growth. According to an article published in Social, almost 36% of Americans consumed ready-to-eat meals including freeze-dried food, in the year 2020.

The increasing emphasis on reformulating processed food products to make them healthier is expected to open new avenues for the freeze-dried food industry across the globe. Hence, this will provide ample opportunities for major manufacturers in the market to formulate bakery and confectionery products, majorly using freeze-dried fruits and vegetables. According to an article published by Knorr, in March 2020, nearly 75% of South Africans claimed to eat healthily with some regularity, hence supporting the growth of the market in the upcoming years.

Vegetables were the largest segment in 2021. A rising number of health-conscious consumers opting for premium food products rich in nutrients and vitamins will support the market growth for freeze-dried vegetables worldwide. According to an article published in the Journal of Agriculture and Food Research in December 2020, 44% of the consumers in Argentina are willing to pay an average of 9% additional price for health and wellness food products as health consciousness is the key psychological factor of buyers, influencing their willingness to pay.

The B2C distribution channel was valued as a faster-growing segment in 2021. Due to convenience stores’ easy accessibility at nearby locations, they are used more often for purchasing products, thus driving the segment’s growth. For instance, in November 2019, Bushka’s Kitchen launched gourmet freeze-dried meals, including vegan and meat meals, in the U.S. The various meal offered by the store includes Citrus Chia Morning, Zesty Zoodles, Unstuffed Pepper, and Harvest Bowl. Moreover, convenience store products are easily accessible and readily available, which is expected to contribute to the segment’s growth.

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Freeze-dried Food Market Report Highlights

• Asia Pacific is expected to contribute a majority of the share to become the largest division in the global revenue in 2021 owing to the rising consumer awareness regarding lifestyle disorders and the resultant shift towards healthier alternatives
• The fruits segment is projected to register the fastest growth during the forecast period as these products have low calories, thus fulfilling the demand of consumers
• B2C is predicted to become a faster-growing segment during the forecast period owing to the availability of a wide range of products at a single e-commerce platform or stores

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Freeze-dried Food Market Segmentation

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

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

• Fruit
  • Strawberry
  • Raspberry
  • Pineapple
  • Apple
  • Mango
  • Others
• Vegetables
  • Pea
  • Corn
  • Carrot
  • Potato
  • Mushroom
  • Others
• Meat, Poultry & Seafood
• Pet Food
• Others

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

• B2B
• B2C
  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Online
  • Others

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

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

List of Key Players of Freeze-dried Food Market

• European Freeze Dry
• ASAHI GROUP HOLDINGS, LTD.
• Ajinomoto Co., Inc.
• Harmony House Foods, Inc.
• Nestlé
• Freeze-Dry Foods, Ltd.
• SouthAM
• The Hain Celestial Group, Inc.
• Kerry Group plc.
• com

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.

Post-traumatic Stress Disorder Treatment Market Booming Trends and Forecast Assessment for the Period

 Post-traumatic Stress Disorder Treatment Market Growth & Trends

The global post-traumatic stress disorder treatment market size is expected to reach USD 1.4 billion by 2030, registering a CAGR of 4.7% from 2022 to 2030, according to a new report by Grand View Research, Inc. The increasing disease burden of post-traumatic stress disorder (PTSD), innovation in R&D and emerging drug pipeline, and efforts by government and non-profit organizations to increase awareness are the key factors augmenting the space growth.

The emerging drug pipeline, thereby, expected advancement and drug launches for the treatment of PTSD, is anticipated to offer a lucrative opportunity for market growth over the forecast period. This can be attributed to the presence of Aptinyx’s NYX-783, Bionomics’ BNC210, and Jazz Pharmaceuticals’ JZP150 under phase 2 clinical trials. Ahead of these, Otsuka Pharmaceutical’s Brexpiprazole and Zoloft Combination are in phase 3 trial, creating fierce competition among key players to launch the product in the space.

Events such as the COVID-19 pandemic further support space growth. Several studies have been conducted to understand the impact of the covid 19 pandemic on mental health, increasing the risk of PTSD and rising demand for its treatment. For instance, the August 2021 review article, "COVID?19 and Post traumatic Stress Disorder: The Perfect 'Storm' for Mental Health," clearly demonstrates an increase in the risk of development of PTSD among pandemic affected families and survivors.

Companies are strategically taking initiatives that aid in developing new products, regulatory approvals, and enhancing their product portfolio with geographical expansion. For instance, in March 2022, H. Lundbeck A/S granted the license agreement to Sun Pharmaceutical Industries Ltd., for marketing and distribute of Vortioxetine under the brand name Vortidiftm in the Indian market. 

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Post-traumatic Stress Disorder Treatment Market Report Highlights 

• In 2021, antidepressants segment accounted for the largest share and is anticipated to maintain its position over the forecast period owing to FDA approved SSRIs such as Zoloft (sertraline) and Paxil (paroxetine)
• Based on demographics, adult segment is estimated to witness the fastest CAGR of 5.1% during the forecast period owing to presence of rising disorder incidence in adult group, major chunk of patients in this age group and increase in traumatic experiences
• Based on distribution channel, retail pharmacy segment dominated the space in 2021, due to factors such easy of availability, and its compatibility with homecare setting for the long term treatment
• Asia Pacific region is anticipated to experience the fastest growth over the forecast period due to an increased awareness among the population, rise in disposable income, and high disease prevalence of PTSD in developing countries 

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Post-traumatic Stress Disorder Treatment Market Segmentation

Grand View Research has segmented the post-traumatic stress disorder treatment market on the basis of drug class, demographics, distribution channel, and region: 

PTSD Treatment Drug Class Outlook (Revenue, USD Million, 2018 - 2030)

• Antidepressants
• Antipsychotics
• Anti-anxiety
• Others

PTSD Treatment Demographics Outlook (Revenue, USD Million, 2018 - 2030)

• Adult
• Children

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

• Hospital Pharmacy
• Retail Pharmacy
• Others

PTSD Treatment Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Post-traumatic Stress Disorder (PTSD) Treatment Market

• Lupin Limited
• Pfizer, Inc.
• Aurobindo Pharma Limited
• Merck KGaA
• GlaxoSmithKline plc.
• Otsuka Pharmaceutical Development
• Jazz Pharmaceuticals
• Bionomics
• Aptinyx         
• AstraZeneca

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.

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

 Humectants Market Growth & Trends

The global humectants market size is estimated to reach USD 17.66 billion by 2030, growing at 6.5% CAGR, according to a new report by Grand View Research, Inc. Growth can be attributed to the increased demand from the cosmetic industry for skincare products due to change in lifestyle of people as a result of increased disposable income. The increasing demand for enhancing the shelf life of perishable products also remains an important factor for growth. 

The rising demand for the compounds used for product effectiveness, increasing shelf life, and retaining moisture have increased dramatically which is driving the humectants market. Besides their usage in food and beverages, the cosmetic and pharmaceutical sector also stimulates the growth of the market over the forecast period. 

Humectants are hydrophilic substances used to retain moisture. These are majorly used as water-retaining food additives. They are also used to transfer and retain moisture from the air by absorbing or drawing water vapor from below into the surface of the organism or the object. They primarily consist of amines, hydroxyl, and carboxyl groups, among other hydrophilic groups. Proteins, polysaccharides, acids, alcohols, and other small molecules, such as urea, glycerin, aloe vera, and sorbitol are examples of humectants. 

Sugar alcohol humectants have registered significant gains as they are frequently used as a substitute for sugar in some foods. These are particularly popular in foods that are marked as sugar-free. Sugar alcohol humectants have made notable strides due to growing awareness of their benefits such as being low-calorie and water-soluble organic compounds. These benefits are expected to gain mass appeal as health consciousness continues to increase globally. People have been encouraged to adopt healthy lifestyle choices by an increase in the prevalence of obesity worldwide and the subsequent rise in the number of chronic conditions like cardiovascular disease, diabetes, kidney, and liver dysfunction. 

Other humectants which are majorly used are alpha hydroxy acid, urea glycerin, and hyaluronic acid are also used in the skincare and cosmetics industry. Apart from the cosmetic and food industries, they are also used in animal feed and fertilizers. 

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Humectants Market Report Highlights

• In 2021, sugar alcohol emerged as the dominant product segment by contributing about 29% of the total revenue share. This is attributed to its use in the food and beverage industry as a sweetenerand the increasing need for sugar alcohol from the diabetic population
• The food and beverage segment is anticipated to grow at a CAGR of 6.8% in terms of revenue by 2030. This can be attributed to the increased customer inclination towards food products with a long shelf life
• North America is projected to grow at a CAGR of 6.7% over the predicted years owing to the health benefits associated with these products. Furthermore, the growth of the cosmetic and pharmaceutical industries in the region also promises growth. The increasing demand for ready-to-eat food in North America remains the major driver for the market
• In North America, FDA has approved many health claims associated with humectants, including the key claim that they can help to treat psoriasis and eczema. This remains the major driver for the market

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Humectants Market Segmentation

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

Humectants Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Sugar Alcohol
• Alpha Hydroxy Acid
• Glycols
• Others 

Humectants Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Food & Beverage
• Oral & Personal Care
• Pharmaceutical
• Other

Humectants Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Humectants Market

• Archer Daniel Midland Company
• Ashland Global Holdings Inc.
• BASF SE
• Barentz
• Brenntag AG
• Cargill Incorporated
• I. Du Pont De Nemours and Company
• Ingredion
• Roquette Freres
• The DOW Chemical Company

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.

U.S. Semi-Trailer Dealership Market Predicted to Witness Steady Growth During the Forecast Period 2022-2030: Grand View Research Inc.

 U.S. Semi-Trailer Dealership Market Growth & Trends

The U.S. semi-trailer dealership Market is expected to reach USD 13.85 billion by 2030 with a CAGR growth of 5.6% over the forecasted period, according to a new report by Grand View Research, Inc. The demand for semi-trailers is primarily driven by rising manufacturing activity and the need for efficient transportation. Additionally, the demand for semi-trailers is anticipated to increase in the upcoming years due to the expansion of end-use industries and the cold chain industry. Road transportation is the most popular kind of transportation in the logistics industry since it is more affordable than other forms.

The demand for semi-trailers to transport chemicals, automotive and healthcare items, mining, and construction equipment, and other goods is rising. The demand for transportation vehicles has also increased because of increasing investments in improving road infrastructure. Semi-trailers are easy to use, require little maintenance, and can travel longer distances with huge loads. Consequently, they are favored over other trailers on the market.

The adoption of refrigerated trailers is also surging owing to increased demand for frozen and perishable foods such as vegetables, fruits, seafood, and meat in North America. Refrigerated trailers are also used for the storage and transportation of biopharmaceuticals and other drugs. Many medical samples for tissue or blood and drugs are transported in a controlled temperature, which is maintained through these refrigerated trailers. The increasing adoption of cold chain space is also fueling the demand for refrigerated trailers in the U.S.

Moreover, the flatbed trailer has the third highest growth rate of 5.9% within the forecast period. The flatbed trailers are commonly used for transporting heavy load cargo like construction machinery, transporting materials such as steel & aluminum frames, piping, and scaffolding. Farmers located in America widely use flatbed trailers to transport agricultural goods or equipment for their daily operations. The growth in the construction and agriculture industry across the countries is anticipated to witness segmental growth.

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U.S. Semi-Trailer Dealership Market Report Highlights

• The growth of the U.S. Semi- Trailer Dealership market is primarily driven by the expansion of the logistic industry coupled with the rising disposable income of the people and growing global travel interest among individuals
• The cost of maintaining trailers varies based on the kind, brand, model, and usage; additional costs for repairs, maintenance, and aftermarket services may have a negative effect on consumers and impede the market's expansion
• High demand for semi-trailers for transportation purposes in the FMCG and construction industries are driving the growth of the U.S. market
• Additionally, increasing government investments to improve the road infrastructure, enhance inland connectivity, and boost the economy have cascading effects on the growth of the semi-trailer dealership market

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U.S. Semi-Trailer Dealership Market Segmentation

Grand View Research has segmented the U.S. semi-trailer dealership market based on end-use, product type, and region:

U.S. Semi-Trailer Dealership End-use Outlook (Revenue, USD Billion; Volume, Units, 2018 - 2030)

• Food & Beverages/ FMCG
• Industrial
• Construction & Mining
• Others

U.S. Semi-Trailer Dealership Product Type Outlook (Revenue, USD Billion; Volume, Units, 2018 - 2030)

• Dry Van
• Refrigerator
• Flatbed
• Lowboy/ Double Drop Gooseneck
• Others

U.S. Semi-Trailer Dealership Region Outlook (Revenue, USD Billion; Volume, Units, 2018 - 2030)

• US.
  • West
  • Mid-West
  • Southwest
  • Southeast

List of Key Players in the U.S. Semi-Trailer Dealership Trailer Market

• Great Western Leasing and Sales
• Superior Trailer Sales
• Crossroad Trailers Sales and Service Inc.
• Larry's Trailer Sales & Service LLC
• Diamond T Truck & Trailer Inc.
• Northwest Truck & Trailer
• Royal Truck & Trailer Sales and Service, Inc.
• Semi-Truck and Trailer Sales
• Star Trailer Sales, Inc.
• Young truck and trailer

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 Demand for Tangential Flow Filtration Market to Incur Considerable Upsurge During 2022– 2030: Grand View Research Inc.

 Tangential Flow Filtration Market Growth & Trends

The global tangential flow filtration market size is estimated to reach USD 4.98 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 11.53% from 2022 to 2030. The major factors contributing to the market growth are the advantages offered by tangential flow filtration (TFF) over normal flow filtration, the increasing demand for vaccines and therapeutics derived from bioprocessing operations, and the rising investments for exhaustive R&D activities to develop new technologies in TFF.

The use of TFF technology increased during the COVID-19 pandemic as the separation process was widely employed during the vaccine manufacturing process. TFF products observed an increased adoption during COVID-19 research for the development and manufacturing of vaccines as treatment plans. The pandemic also witnessed an increase in the usage of single-use bioprocessing systems, which further fueled the market expansion. In addition, several initiatives by the governments and key manufacturers were introduced to boost the vaccine development for curbing the spread of SARS-CoV-2 infection. For instance, in April 2021, Meissner Filtration Products, Inc. announced that it has secured a contract of USD 13.4 million from the U.S. government, BARDA (Biomedical Advanced Research and Development Authority) to expand its capacity and produce single-use systems to support the manufacturing of vaccines for COVID-19. Thereby, the increased production of vaccines has positively impacted the TFF product demand and fueled its growth.

TFF or sometimes referred to as cross-flow filtration is a technique used for the separation and purification of molecules, wherein the feed solution flows in a parallel direction to the membrane filter. During this process, some of the flow streams pass through the filter while the rest is concentrated by recirculation in the system. The TFF technology is utilized across both upstream and downstream processes due to its numerous advantages such as low running costs, enhanced control and efficiency, reduced cross-contamination, easy scale-up or down, and increased shelf life. These advantages have allowed TFF application in a range of fields such as biochemistry, molecular biology, and immunology.

Additionally, the increasing demand for biopharmaceuticals due to lesser side effects, personalized treatments, and novel therapies has resulted in the expansion of manufacturing capabilities. CMOs and CROs also witnessed a rise in the manufacturing of vaccines and therapeutics due to the upswing in the demand for commercial biopharmaceuticals. For instance, in June 2022, Merck KGaA announced expanding its existing CDMO facility in Wisconsin, USA. This new expansion project of USD 58 million (EUR 59 million) is targeted to increase the production of highly potent active pharmaceutical ingredients for meeting the growing demand for therapies for critical cancer. The rise in the manufacturing of and demand for biopharmaceuticals attributes to the adoption of TFF products across harvesting, separation, and purification processes, therefore propelling the growth of the marketplace.

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Tangential Flow Filtration Market Report Highlights

• By product, membrane filters held the largest share in 2021. The presence of various products with different pore sizes and different types of filters that can be employed for multiple purposes propels the segment growth
• By technology, in 2021, the microfiltration segment held the largest share. The segment growth is owing to the high usage of microfiltration membranes in manufacturing processes during cell separation and product recovery stages
• By application, protein purification dominated the market in 2021. Increased demand for recombinant protein-based therapeutics and the advantages of TFF technology boost the usage of these filtration products during the manufacturing processes, thus leading to segment growth
• By end-user, pharmaceutical and biotechnology companies held the largest share in 2021. New drug discovery programs, rising investments, and an extended R&D pipeline for new therapy development are contributing to the revenue generation
• North America held the largest share in 2021. The key factors fueling the revenue growth are the prevalence of disorders and diseases, developed healthcare infrastructure, presence of major market players, and supportive initiatives by the government

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Tangential Flow Filtration Market Segmentation

Grand View Research has segmented the global tangential flow filtration market based on product, technology, application, end-user, and region:

Tangential Flow Filtration Product Outlook (Revenue, USD Million, 2018 - 2030)

• Single-use Tangential Flow Filtration Systems
• Reusable Tangential Flow Filtration Systems
• Membrane Filters
  • Polyethersulfone (PES)
  • Polyvinylidene Difluoride (PVDF)
  • Polytetrafluoroethylene (PTFE)
  • Mixed Cellulose Ester & Cellulose Acetate
  • Polycarbonate Tracked Etched (PCTE)
  • Regenerated Cellulose
  • Others
• Filtration Accessories

Tangential Flow Filtration Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Ultrafiltration
• Microfiltration
• Nanofiltration
• Others

Tangential Flow Filtration Application Outlook (Revenue, USD Million, 2018 - 2030)

• Protein Purification
• Vaccine And Viral Vectors
• Antibody Purification
• Raw Material Filtration
• Others

Tangential Flow Filtration End-user Outlook (Revenue, USD Million, 2018 - 2030)

• Pharmaceutical & Biotechnology Companies
• Contract Research Organizations & Contract Manufacturing Organizations
• Academic Institutes & Research Laboratories

Tangential Flow Filtration Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Tangential Flow Filtration Market

• Danaher Corporation
• Sartorius AG
• Parker-Hannifin Corporation
• Alfa Laval AG
• Merck KGaA
• Repligen Corporation
• ABEC, Inc.
• Sterlitech Corporation
• Synder Filtration, Inc.
• Meissner Filtration Products, Inc.

About Grand View Research

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

Subscription-based Gaming Market to Register Stable Expansion During 2022– 2030: Grand View Research Inc.

 Subscription-based Gaming Market Growth & Trends

The global subscription-based gaming market size is anticipated to reach USD 24.1 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 12.8% from 2022 to 2030. The increasing adoption of various technological advancements such as AI-based rendering, the usage of big data, and the metaverse is expected to create growth opportunities for subscription-based gaming service providers in the global market. In April 2021, Facebook launched the Oculus Quest 2 standalone wireless virtual reality headset for USD 300, which had 50% more pixels than the previous model. Moreover, the market is witnessing a rise in popularity owing to factors such as the growth of the mobile gaming industry and the increase in penetration of high-speed internet. For instance, in 2022, according to a Gaming Spotlight 2022 report, mobile gaming accounted for USD 136 billion out of a total of USD 222 billion gaming market.

The COVID-19 pandemic had a positive impact on the market. A global increase in COVID-19 cases slowed the economy, and many corporations were shutting down as a result of partial or total lockdown. However, despite the pandemic, video gaming firms continued to provide their services. The pandemic resulted in an increase in data usage globally, for instance, according to Verizon Networks data consumption for gaming purposes saw an increase during the pandemic. There was a 75% increase in data consumption from March 8 to 15 in 2020, which indicated that many people used gaming as a means to spend their time. The use of virtual private networks (VPNs) climbed by 34%, while online traffic increased by 20% and video bandwidth consumption by 12%.

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Subscription-based Gaming Market Report Highlights

• In the device type segment, P.C. dominated the market with a share of over 55.0% in 2021. This is attributed to the increasing demand for cloud gamingand game content. For instance, according to the data published in 2021 by Ampere Analysis, an entertainment industry-specific research firm, the market for PC subscriptions for cloud gaming and game content in North America and Europe was valued at USD 3.7 billion, which grew by 57% compared to 2020. The smartphone segment is expected to register the highest CAGR of 16.8% over the forecast period owing to increasing consumer spending. For instance, according to a study published by IDC and data.ai in March 2022, consumers spent more than USD 1.6 billion every week on mobile games on the Google Play store as well as the iOS App Store in the first quarter of 2022.
• The action segment dominated the market with a share of over 20.0% in 2021. According to ESAC in 2022, the most popular categories were adventure and action preferred by 24% of adults and 33% of children and teenagers. The adventure genre is expected to register the highest CAGR of 13.5% over the forecast period owing to the launch of a wide range of new games in the adventure genre such as God of War Ragnarok and Star Ocean in 2022, 2023, and beyond
• Asia Pacific held the largest share of over 40.0% in 2021 and is expected to exhibit the highest CAGR over the forecast period. The growth of the regional market can be attributed to growth in the subscription of mobile and internet. In 2022, according to the GSMA report, in the developed Asia Pacific region, which includes Australia, Japan, Singapore, and South Korea, the percentage of 5G subscribers will grow by an average of 67%

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Subscription-based Gaming Market Segmentation

Grand View Research has segmented the global subscription-based gaming market by device type, gaming genre, and region:

Subscription-based Gaming Device Type Outlook (Revenue, USD Million, 2017 - 2030)

• Smartphone
• C.
• Console
• Others

Subscription-based Gaming Genre Outlook (Revenue, USD Million, 2017 - 2030)

• Action
• Adventure
• Shooting
• Fighting
• Role-playing
• Sports
• Racing
• Others

Subscription-based Gaming Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Subscription-based Gaming Market

• Amazon Inc.
• Apple Inc.
• Electronic Arts Inc.
• Humble Bundle
• Blacknut
• NVIDIA Corporation
• Microsoft Corporation
• Google LLC
• Ubisoft Entertainment
• Sony Interactive Entertainment 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.

Vulvovaginal Candidiasis Treatment Market Poised to Expand at a Robust Pace of USD 1.64 Billion Over 2030: Grand View Research Inc.

 Vulvovaginal Candidiasis Treatment Market Growth & Trends

The global vulvovaginal candidiasis treatment market size is expected to reach USD 1.64 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.39% from 2022 to 2030. The increasing disease burden of VVC, approval of novel drugs with the ability to address the unmet needs, and efforts by government & non-profit organizations to increase awareness are among the key factors augmenting the industry growth. According to the NCBI article, globally, around 75% of women suffer from this disease once in their life.Vulvovaginal candidiasis is the second most common infection in women, affecting around 138 million women globally.

About 10-20% of women report complicated disease conditions, which are increasing annually. Moreover, the NCBI article reports an upsurge in recurrent infection incidences. Thus, the rising prevalence of the disease is boosting the treatment demand, thereby driving industry growth.Azoles, such as fluconazole, are indicated as the first line of treatment and held a significant share of the market, however, in recent years, there has been a surge in azole resistance cases, which led to rising in recurring disease cases. However, novel drugs, such as VIVJOA and BREXAFEMME, are effectiveagainst recurring VVC. In addition, the presence of over-the-counter intravaginal agents, which enables easy patient treatment access, supports the market growth.

This includes products, such as miconazole cream, clotrimazole cream, and tioconazole ointment. They are indicated to treat mild to moderate conditions and are used as maintenance therapy. The industry is saturated with generic products, which could slow down growth. However, key players, such as Mycovia Pharmaceuticals and SCYNEXIS, Inc., are engaged in strategic initiatives like new product development and launches, which are anticipated to propel the market growth over the forecast period. For instance, in July 2022, Mycovia Pharmaceuticals launched VIVJOA for recurrent VVC. The company has already received VIVJOA approval in Asian, European, and Latin American countries. In September 2021, SCYNEXIS, Inc. launched BREXAFEMME in the U.S., the first oral non-azole therapeutic indicated for VVC.

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Vulvovaginal Candidiasis Treatment Market Report Highlights

• In 2021, the fluconazole segment accounted for the largest share owing to its high prescription rate and the non-availability of other drugs with similar efficacy
• The topical segment is estimated to grow at a steady CAGR during the forecast period due to the presence of OTC and prescription formulations, such as azole creams and ointments
• Based on distribution channel, the retail pharmacy segment dominated the industry in 2021 due to the ease of availability and the presence of OTCs drugs
• Asia Pacific is anticipated to experience the fastest CAGR over the forecast period due to increased awareness among the population, rise in disposable income, and high prevalence of VVC in developing countries

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Vulvovaginal Candidiasis Treatment Market Segmentation

Grand View Research has segmented the global vulvovaginal candidiasis treatment market on the basis of drug class, route of administration, distribution channel, and region:

Vulvovaginal Candidiasis Treatment Drug Class Outlook (Revenue, USD Million, 2018 - 2030)

• Clotrimazole
• Nystatin
• Fluconazole
• Ketoconazole
• Terbinafine
• Terconazole
• Others

Vulvovaginal Candidiasis Treatment Route of Administration Outlook (Revenue, USD Million; 2018 - 2030)

• Oral
• Intravenous
• Topical

Vulvovaginal Candidiasis Treatment Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Hospital Pharmacy
• Retail Pharmacy
• Online Pharmacy

Vulvovaginal Candidiasis Treatment Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Vulvovaginal Candidiasis Treatment Market

• Astellas Pharma Inc.
• Mycovia Pharmaceuticals, Inc.
• Basilea Pharmaceutica Ltd.
• Scynexis, Inc.
• Grupo Ferrer Internacional S.A.
• Pfizer, Inc.
• Cadila Pharmaceuticals
• Bayer AG.
• Bristol-Myers Squibb Company

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.

Charging As A Service Market Trends, Company Share, Industry Growth And Future Scope: Grand View Research Inc.

 Charging As A Service Market Growth & Trends

The global charging as a service market size is expected to reach USD 1.24 billion by 2030, expanding at a CAGR of 22.6% from 2022 to 2030, according to a new report by Grand View Research, Inc. The growth of the charging-as-a-service industry can be attributed to factors such as accessibility, ease of use, and a lower upfront cost of buying and installing a charging station. This encourages overall electric vehicle usage to improve environmental and public health.

Countries across the world are encouraging the adoption of electric vehicles, and many nations have participated in initiatives to reduce carbon emissions significantly till 2030 or 2050. Charging-as-a-service plays a crucial role in driving EV adoption by providing effective charging infrastructure and completing the switch from Internal Combustion Engine (ICE) vehicles to electric vehicles. Governments and key market players worldwide are investing heavily in the charging-as-a-service business model to foster the adoption of electric vehicles, which bodes well for the market’s growth.

Businesses, public spaces, and industries are realizing the benefits of deploying charging-as-a-service at their premises. The EV charging as a service business model helps companies offer their clients and employees a comfortable charging spot to help them retain their clientele and improve employee satisfaction. Moreover, by renting out their spaces for the CaaS business model, businesses, industries, land, and even residential area owners can generate additional revenue while benefiting the environment and society. These benefits are fostering service adoption in the market.

During the wake of the pandemic, the sales of electric vehicles did reduce, which affected the CaaS market adversely. However, the COVID-19 outbreak has highlighted the vulnerabilities and shortcomings of economies and business practices, leading governments and citizens to take more sustainable and environmentally aware initiatives. This scenario has pushed the adoption of EVs and CaaS business models, as the world recovers from the pitfalls of the pandemic.

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Charging As A Service Market Report Highlights

• The subscription segment is expected to witness significant growth during the forecast period. This service model has been seen as a sustainable and popular business model. It divides the cost of charging an electric vehicle into monthly/variable payments, which reduces the burden of paying the upfront cost of installing and maintaining the charging infrastructure
• The DC charging station segment is expected to expand at a substantial CAGR during the assessment period. DC charging is a faster charging option as compared to AC charging. DC chargers have an inbuilt converter that converts AC into DC, lowering the charging time. By deploying DC charging stations via CaaS, CaaS providers can capitalize on more customers since it has less waiting and charging time
• The commercial segment is expected to witness significant growth through 2030. It includes office buildings, hospitality, multi-facility units, parking garages, and others. CaaS installed at these commercial premises can benefit both providers and end-users
• By offering CaaS at commercial premises, providers can leverage the high EV-driving traffic. At the same time, end users can reduce their vehicle’s range anxiety by accessing charging at such common and accessible spots, which fosters the growth of the segment
• Asia Pacific dominated the regional market in 2021. The growth can be attributed to a broader customer base and the presence of a substantial number of charging-as-a-service providers in the region. Encouraging government initiatives to promote electric vehicles and CaaS also bodes well for the regional market's growth

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Charging As A Service Market Segmentation

Grand View Research has segmented the global charging as a service market based on service, charging station, application, and region:

Charging As A Service Service Outlook (Revenue, USD Million, 2017 - 2030)

• Subscription
• Hosted
• Financed

Charging As A Service Charging Station Outlook (Revenue, USD Million, 2017 - 2030)

• AC Charging
• DC Charging

Charging As A Service Application Outlook (Revenue, USD Million, 2017 - 2030)

• Commercial
  • Hospitality
  • Parking Garage
  • Office Buildings
  • Multi-family Units
  • Others
• Residential

Charging As A Service Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Charging As A Service Market

• ChargePoint Holdings, Inc.
• Shell Recharge Solutions
• EV Connect
• EV Safe Charge Inc
• Blink Charging Co.
• Lightning eMotors
• SemaConnect
• CATEC
• WattLogic, LLC
• Bp pulse

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.

Acute Care Telemedicine Market Latest Trends, Industry Growth And Forecast To 2030: Grand View Research Inc.

 Acute Care Telemedicine Market Growth & Trends 

The global acute care telemedicine market is expected to reach USD 60.2 billion by 2030, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 14.8% from 2022 to 2030. Technological development in the healthcare sector, increasing demand for immediate access to medical care, and shortage of specialty physicians especially in developing countries are some factors driving telemedicine growth in an acute care setting.

The COVID-19 pandemic caused the healthcare system to encounter various challenges. The swift adoption of various technologies across countries, driven by the necessity to provide continued medical care in the era of social distancing, has increased the penetration of telemedicine in acute care. In addition, the Centers for Medicare & Medicaid Services (CMS) increased the coverage of telehealth services through temporary waivers soon after the declaration of COVID-19 as a public health emergency in early 2020 to make it convenient for people to receive medical care while reducing their exposure to the virus in public settings such as hospitals and health care facilities.

Furthermore, the World Health Organization and the International Telecommunication Union (ITU) collaborated to produce a universal standard for the usage of telehealth services to address the problem on an international scale. This guideline describes the technological criteria that a telehealth platform must fulfill to deliver accessible telehealth services.

In December 2021, Five Ascension Texas facilities collaborated with the nation’s major multispecialty telemedicine group to offer teleneurology services to their patients. The collaboration was intended to ensure 24/7 access to special neurology care. It will also strengthen on-site neurology treatment by offering doctors, nurses, and other professionals high-definition video consultations with neurologists on demand. 

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Acute Care Telemedicine Market Report Highlights

• Based on delivery, the clinician-to-patient segment accounted for the largest market share of 62.5% in 2021 as it provides easy access to medical professionals through chat or video conferencing and reduces long waiting and travel times to get treatment.
• The telepsychiatry segment is expected to witness the fastest CAGR of 15.5% over the forecast period. The sector is witnessing significant growth as it holds the potential to become a better option to traditional in-person psychiatric facilities.
• Based on the end-use, the hospitals and clinics segment dominated the market with a revenue share of 75.5% and is likely to grow at the fastest growth rate from 2022 to 2030. This is owing to the shortage of specialist physicians, especially in developing countries, and increased demand for better healthcare access among the people.
• North America accounted for the largest revenue share of nearly 42.4% in 2021. Due to a favorable reimbursement structure and the availability of telemedicine services. For instance, In January 2021, The American Telemedicine Association (ATA) and the Digital Medicine Society (DiMe) launched “IMPACT” a new program for virtual healthcare.
• The Europe market is anticipated to witness rapid growth over the forecast period with a CAGR of 15.2%. The increase in the elderly population and increased development in the healthcare infrastructure is driving the regional market expansion

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Acute Care Telemedicine Market Segmentation

Grand View Research has segmented the global acute care telemedicine market based on delivery, application, end-use, and region:

Acute Care Telemedicine Delivery Outlook (Revenue, USD Million, 2017 - 2030) 

• Clinician-to-patient
• Clinician-to-clinician

Acute Care Telemedicine Application Outlook (Revenue, USD Million, 2017 - 2030) 

• Teleradiology
• Telepsychiatry
• TeleICU
• Teleneurology
• Telenephrology
• Others

Acute Care Telemedicine End-use Outlook (Revenue, USD Million, 2017 - 2030) 

• Hospitals & Clinics
• Others

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

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

List of Key Players in Acute Care Telemedicine Market

• ScienceSoft USA Corporation.
• AMN Healthcare
• Orbit Health GmbH
• US Acute Care Solutions, LLC.,
• SOC Telemed
• SynergenX
• Eagle Telemedicine
• Vidyo Inc.
• RelyMD.

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.