Veterinary Rehabilitation Services Market to Witness Soaring Growth During 2023– 2030: Grand View Research Inc.

 Veterinary Rehabilitation Services Market Growth & Trends

The global veterinary rehabilitation services market size is expected to reach USD 1.9 billion by 2030, registering a CAGR of 11.7% over the forecast period, according to a new report by Grand View Research, Inc. The key factors driving the market growth include an increasing prevalence of musculoskeletal and orthopedic problems in animals, rising trends toward pet humanization, and increased awareness among pet owners of the benefits of non-invasive, drug-free physical rehabilitation in treating animals.

Over the last decade, pet rehabilitation has progressed from a niche service to a popular treatment option in veterinary practice. As the availability of animal rehabilitation services increases, more and more customers are realizing that physical therapy is not just for humans but may also result in pain reduction, enhanced mobility, and an overall higher standard of living for dogs. Sporting dog lovers and horse owners have widely known the importance of rehabilitation in the process of healing an injured animal. However, the demand for physical therapy for pets has just recently increased as pet owners in general have started to demand their animals to have access to the same medical alternatives as humans have.

According to an article published by the Department of Clinical Sciences, College of Veterinary Medicine, Cornell University, Ithaca, NY, United States, in February 2022, in the United States, geriatric animals make up over half of the total pet population, and their numbers keep growing. Additionally, a sizeable portion of veterinary patients with mobility issues could be considered elderly and nearing the end of their expected lifespans. Improving functional movement is a key objective in improving the geriatric health of aged dogs because mobility is related to the quality of life and time to death in these animals. The rehabilitation specialist may use the geriatric population to identify disabilities that have an impact on daily activities and quality of life in order to give stronger prognoses in patients, treatment objectives, and outcome measurements. 

One of the most widely traded mammals in the world is the pangolin according to American Veterinary Medical Association. Over the past ten years, the majority of pangolins rescued from trafficking in South Africa have been transported and given new lives by the APWG. About 154 pangolins were assisted by the APWG between 2015 and 2020. Each year, wildlife carers around the world save and repair millions of creatures. Animals that have been injured are treated, and then they are released back into the wild. While providing opportunities to assess wildlife health, pollutant loads, and disease prevalence, wildlife rehabilitation not only benefits the individual animals receiving care but also promotes conservation medicine methods.

Additionally, the market for veterinary rehabilitation services is fueled by the presence of various centers for Wildlife Rehabilitation and Conservation in countries like India. According to an article published by Kaziranga National Park in August 2022, the Kaziranga Wildlife Rehab Centre is the only facility in India that has successfully rehabilitated 357 species of wildlife, including elephant, rhino, tiger, leopard, wild buffalo, clouded leopard, black bear, hog deer, wild boar, muntjac, and monkeys. Additionally, two mobile veterinary clinics operated by The Centre for Wildlife Rehabilitation and Conservation in Kaziranga is currently located in Dibru Saikhowa National Park in eastern Assam and the Chakrashila Wildlife Sanctuary in western Assam. 

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Veterinary Rehabilitation Services Market Report Highlights

• The veterinary rehabilitation services market was valued at USD 792.4 million in 2022 and is expected to grow at a CAGR of 11.69% during the forecast period
• The companion animals segment held a dominant market share of more than 60% in 2022 and is expected to grow at a significant rate over the forecast period, owing to the increasing popularity of dogs and cats as pets across the globe
• The therapeutic exercises segment is expected to dominate the market over the forecast period due to its benefits such as improving movement or motor skills, providing comfort, and reducing levels of pain, and others
• The post-surgery segment held the largest revenue share as of 2022 due to the increasing number of orthopedic surgeries on pets
• The veterinary rehab centers and hospitals segment held a dominant market share of more than 45% in 2022 and is expected to grow at a significant rate over the forecast period
• North America is expected to dominate the Veterinary Rehabilitation Services market over the forecast period due to the increased benefits of cannabis coupled with high awareness among pet owners 

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Veterinary Rehabilitation Services Market Segmentation

Grand View Research has segmented the global veterinary rehabilitation services market report on the basis of animal type, therapy type, indication, end-use, and region: 

Veterinary Rehabilitation Services Animal Type Outlook (Revenue, USD Million, 2018 - 2030)

• Companion Animals
• Production Animals
• Wildlife Animals

Veterinary Rehabilitation Services Therapy Type Outlook (Revenue, USD Million, 2018 - 2030)

• Therapeutic Exercises
• Manual Therapy
• Hydrotherapy
• Hot & Cold Therapies
• Electro Therapies
• Acupuncture
• Shockwave Therapy
• Other Therapies

Veterinary Rehabilitation Services Indication Outlook (Revenue, USD Million, 2018 - 2030)

• Post-Surgery
• Traumatic Injuries
• Acute & Chronic Diseases
• Developmental Abnormality
• Other Indications

Veterinary Rehabilitation Services End-Use Outlook (Revenue, USD Million, 2018 - 2030)

• Veterinary Rehab Centers & Hospitals
• Rescue & Shelter Homes
• Rehab Sanctuary
• Others

Veterinary Rehabilitation Services Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of the Veterinary Rehabilitation Services Market

• Back on Track Veterinary Rehabilitation Center, LLC
• Animal Acupuncture and Rehabilitation Center
• BARC
• Treasure Coast Animal Rehab & Fitness
• Animal Rehab Center of Michigan
• Blue Springs Animal Rehabilitation Center
• Essex Animal Hospital
• Triangle Veterinary Referral Hospital
• Butterwick animal rehab clinic Ltd
• Animal Rehab and Conditioning Center

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. N95 Mask Market Top Players, Segments, Cost Structure, Demand, Sales | 2030 Forecast

 U.S. N95 Mask Market Growth & Trends

The U.S. N95 mask market size is anticipated to reach USD 1.4 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.8% from 2022 to 2030. The rising cases of infectious biological diseases worldwide, stringent mask regulations, the ongoing COVID-19 pandemic, and worker safety, are expected to drive market growth.

The N95 mask industry is expanding rapidly in many countries such as the U.S. and Canada. These are used extensively in a variety of industries, including biotechnology, pharmaceuticals healthcare, construction, manufacturing, mining, and oil & gas. These can also prevent micron-sized particles from entering the human respiratory system and oral cavity.

Local, regional, and international manufacturers have increased mask production capacity to meet the rising demand. The pandemic has also created opportunities for start-ups to enter and expand their reach in this market. Furthermore, governments in various countries are regulating the prices of N95 Mask to maintain public access to these masks.

The presence of a huge healthcare system in the U.S. and the growing e-commerce industry have compelled retail pharmacies to develop new strategies. Pharmacy chains such as Walgreens and Rite Aid have been aggressively expanding their operations throughout the country with 24/7 availability and pickups at alternate locations.

The manufacturers have partnered with distributors for expanding their market reach in various regions. N95 Mask are distributed globally to end-users through online and offline distribution channels. Some of the key distributors include Henry Schein, Inc.; Fisher Scientific; VWR International, LLC; Amazon.com, Inc.; W.W. Grainger, Inc.; and Westnet, Inc.

The market for N95 Mask is characterized by the presence of well-established players that have a broad product portfolio, extensive distribution networks, and large financial capacities, which is expected to restrict new entrants. However strategic product differentiation by the manufacturers is anticipated to help in achieving market dominance.

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U.S. N95 Mask Market Report Highlights

• The without-exhalation valve segment accounted for 72.3% of the U.S. revenue share in 2021. N95 Mask provide a high level of protection during inhaling and exhalation and they can also limit at least 95% of very small test particles
• Offline distribution channel accounted for 50.9% of the U.S. revenue share in 2021. The pandemic boosted the e-commerce industry growth, on account of remote working and stay-at-home orders initiated by the U.S. government
• The healthcare end-use segment accounted for 35.2% of the U.S. revenue share in 2021. N95 Mask played a crucial role for first responders, healthcare workers, and other essential workers actively combating the COVID-19 pandemic
• The demand for N95 Mask in construction is likely to register a CAGR of 9.3% over the forecast period. N95 Mask are highly recommended for use in the construction and manufacturing industry, to assure worker safety
• In June 2021, Aegle launched NIOSH certified N95 mask with Acteev anti-microbial fabric as well as authentication and NFC chip embedded traceability technology to prevent counterfeiting of masks

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U.S. N95 Mask Market Segmentation

Grand View Research has segmented the U.S. N95 Mask market based on product, distribution channel, and end-use:

U.S. N95 Mask Product Outlook (Revenue, USD Million, 2017 - 2030)

• With Exhalation Channel
• Without Exhalation Channel

U.S. N95 Mask Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Online
• Offline

U.S. N95 Mask End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Healthcare
• Construction
• Manufacturing
• Mining, Oil & Gas
• Others

List of Key Players in the U.S. N95 Mask Market

• 3M
• Honeywell International Inc.
• Alpha Pro Tech
• Ansell Ltd.
• O&M Halyard, Inc.
• The Gerson Company
• Cardinal Health
• Medline Industries, Inc.
• Moldex-Metric
• Prestige Ameritech

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.

Generic Pharmaceuticals Contract Manufacturing Market to Witness a Pronounce Growth During 2022 – 2030: Grand View Research Inc.

 Generic Pharmaceuticals Contract Manufacturing Market Growth & Trends

The global generic pharmaceuticals contract manufacturing market size is expected to reach USD 106.9 billion by 2030, registering a CAGR of 5.8% over the forecast period, according to a new report by Grand View Research, Inc. Cost-saving and time-saving benefits associated with the implementation of outsourcing is responsible for driving the industry. A significant number of people globally suffer from chronic diseases. For instance, the CDC states that 6 in 10 adults in the U.S. suffer from at least one chronic disease and 4 in 10 adults suffer from two or more chronic diseases. Chronic diseases are required to be treated for a long time. The high cost of medicines is increasing the demand for cost-effective generic drugs for the treatment of chronic diseases.

This is expected to support the industry's growth post-pandemic. There is an improvement in the regulatory approval of generic drugs. For instance, in 2021, the FDA approved 93 generic drugs, and by October 2022, the regulatory authority approved over 95 generic drugs. Such improvements are expected to have a positive impact on the manufacturing of generic drugs and; thus, support the industry growth. The Japanese government is constantly trying to improve the generic pharmaceuticals market in the country. The government is also taking measures to improve the supply of generics in the country and is also encouraging medical institutes to promote the use of generic drugs.

This is expected to improve CMO activities for generics in the coming years. Global spending on medicines is also on the rise. According to the data provided in a report published by IQVIA in April 2021, global spending on medicine is expected to increase in the next 4-5 years. The report states that global spending on medicine accounted for USD 1, 265 billion in 2020 and is going to reach USD 1,580-1,610 billion by 2025. This is also expected to improve the demand for generic drugs owing to their cost efficiency, thereby supporting the industry in growth.

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Generic Pharmaceuticals Contract Manufacturing Market Report Highlights

• The branded generics segment held the largest share in 2021due to the preference for branded generics among physicians. Some branded generic manufacturers offer benefits and gifts to physicians for boosting their product sales. This further contributes to the demand for branded generic manufacturing in the market
• The API product segment held the largest share in 2021. The growing demand for generic drugs is supporting the demand for generic API contract manufacturing
• The parenteral route of administration segment is expected to grow at the fastest CAGR over the forecast period due to the bioavailability of parenteral drugs over other formulations
• The oncology segment is expected to register the fastest CAGRfrom 2022 to 2030 owing to the high cost of cancer drugs contributing to the demand for cost-effective generic medicines
• Asia Pacific is expected to record the highest CAGR over the forecast period mainly due to the low cost of generic drug manufacturing

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Generic Pharmaceuticals Contract Manufacturing Market Segmentation

Grand View Research has segmented the global generic pharmaceuticals contract manufacturing market on the basis of drug type, product, route of administration, application, and region:

Generic Pharmaceuticals Contract Manufacturing Drug Type Outlook (Revenue, USD Million, 2018 - 2030)

• Branded Generics
• Unbranded Generics

Generic Pharmaceuticals Contract Manufacturing Product Outlook (Revenue, USD Billion, 2018 - 2030)

• API
• Drug Product

Generic Pharmaceuticals Contract Manufacturing Route of Administration Outlook (Revenue, USD Million, 2018 - 2030)

• Oral
• Parenteral
• Topical
• Others

Generic Pharmaceuticals Contract Manufacturing Application Outlook (Revenue, USD Million, 2018 - 2030)

• Oncology
• Immunology
• Antidiabetic
• Neurology
• Anticoagulants
• Cardiovascular
• Respiratory
• Pain
• HIV Antivirals
• Others

Generic Pharmaceuticals Contract Manufacturing Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Generic Pharmaceuticals Contract Manufacturing Market

• Jubilant Generics Ltd.
• Recipharm AB
• Siegfried Holding AG
• Aurobindo Pharma
• Cambrex Corp.
• Alcami Corp., Inc.
• Catalent, Inc.
• Acme Generics Pvt Ltd.
• Syngene International Ltd.
• Pfizer CentreOne

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.

Non-invasive Coronary Imaging Market is Expected to Amplify USD 0.24 Billion Value by 2030: Grand View Research Inc.

 Non-invasive Coronary Imaging Market Growth & Trends

The global non-invasive coronary imaging market size is expected to reach USD 0.24 billion by the end of 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 6.8% from 2023 to 2030. Need to diagnose critical cardiac conditions in a short time span, increased deaths by coronary artery diseases, the growing geriatric population, and the growing need to avoid complications of invasive coronary imaging. Coronary artery disease is the leading cause of death in all regions across the globe. According to the Centers for Disease Control and Prevention, to date, 20.1 million adults have CAD. In 2020, 2 in every 10 geriatric patients above the age of 65, died due to CAD.

Non-invasive imaging has recently been utilized to assess the existence, severity, and prognosis of coronary artery disease as a result of advancements in imaging technology. The anatomical importance of coronary artery stenosis can be determined by stress myocardial perfusion imaging, such as SPECT/PET and stress MRI, whereas coronary CT angiography and MRI of the coronary arteries give anatomical assessments of coronary stenosis. Studies published in the National Center for Biotechnology Information (NCBI), stated that CT angiography showed promising results in the detection of CAD.

Its sensitivity, specificity, positive predictive value (PPV), and negative predictive value (NPV) were 94%, 83%, 48%, and 99%, respectively, to detect 70% stenosis. Thus, CT angiography shows promising results as a valuable tool for the diagnosis of significant coronary artery disease. Another research study published in NCBI shows promising results of noninvasive cardiac MR over echocardiography. The study compared dobutamine stress CMR (DSMR) with dobutamine stress echocardiography (DSE) in the detection of CAD (≥50% stenosis) using ICA as the gold standard. It resulted that, DSMR has higher diagnostic accuracy than that DSE in patients with suspected CAD.

The outbreak of the COVID-19 pandemic led to a decline in research activities, the closure of universities and academic institutions, and a decline in clinical trial activities. The fear of virus spread also declined any diagnostic or surgical activities at end-use settings. The economic crunch at hospitals, diagnostic centers, or clinics, led to the reduced adoption of software and systems for non-invasive diagnosis. Thus, the pandemic led to a decline in the market in 2020.

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Non-invasive Coronary Imaging Market Report Highlights

• North America accounted for the largest share of ~45.7% in 2022 owing to the increased research activities in this region and the growing adoption by end-users
• Echocardiography accounted for the largest share in the modality segment and is expected to grow at a lucrative rate of 6.1%
• Research institute segment dominated the end-users market owing to an increase in the number of research activities to determine the various other imaging modalities for the diagnosis of noninvasive coronary imaging

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Non-invasive Coronary Imaging Market Segmentation

Grand View Research has segmented the global non-invasive coronary imaging market based on modality, end-use, and region:

Non-invasive Coronary Imaging Modality Outlook (Revenue, USD Million, 2018 - 2030)

• Radionuclide cardiac imaging
• Echocardiography
• Cardiac Computed Tomography
• Cardiac Magnetic Resonance Imaging

Non-invasive Coronary Imaging End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Diagnostic Imaging Centers
• Research Institute

Non-invasive Coronary Imaging Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Non-invasive Coronary Imaging Market

• Toshiba Medical Systems
• Hologic, Inc.
• Carestream Health, Inc.
• GE Healthcare
• Siemens Healthcare
• Philips Healthcare
• Hitachi Medical 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.

Australia And New Zealand Industrial Fasteners Market Latest Innovations, Drivers and Industry Key Events 2022– 2030: Grand View Research Inc.

 Australia And New Zealand Industrial Fasteners Market Growth & Trends

The Australia and New Zealand industrial fasteners market size is expected to reach USD 1.67 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 7.3% from 2022 to 2030. This growth can be attributed to rising commercial and residential construction activities and the growing aerospace and defense sector in Australia and New Zealand.

Industrial fasteners manufacturers are opting for new technology in the manufacturing process, which allows them to install fasteners during the stamping process. This results in low operational costs and time and provides them with a competitive edge over other manufacturers as the adoption of new technology offers them the capability to perform two operations simultaneously in the minimum possible time. It also facilitates the manufacturer to have minimum hardware requirements in the assembly line.

Players in the Australia and New Zealand industrial fasteners industry mainly compete based on product quality, product advancements, customer services, and pricing. Major companies are focusing on developing lightweight materials to cater to the increasing demand for industrial fasteners in the automobile and aerospace & defense industries. Technological development, easy availability of materials, and hassle-free manufacturing processes are resulting in high competition among players in Australia and New Zealand.

Market differentiators are the players engaged in the production and distribution of industrial fasteners with distinctive characteristics. The players focus on technological advancements in various types of metals and plastics being used for the production of industrial fasteners, including nylon, ceramics, special alloys, and carbon fiber, to maintain their dominance in the competition.

Increasing metal prices and the decelerating demand for industrial fasteners owing to their replacement by pressure-sensitive tapes, bonding sheets, and adhesives are expected to be key barriers for industrial fastener manufacturers in the market. The rising demand for adhesives in the automotive, construction, and aerospace industries for binding various materials is likely to hamper the demand for industrial fasteners over the forecast period.

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Australia And New Zealand Industrial Fasteners Market Report Highlights

• Metal segment accounted for a revenue share of 96.5% in 2021 on account of its superior characteristics like high mechanical strength, impact resistance, and less susceptibility to harsh conditions such as high temperature and pressure
• The externally threaded fastener segment is expected to witness a CAGR of 7.1% from 2022 to 2030. This is attributed to rising demand from industries like transportation, construction, and bridges and harbors. Furthermore, high investments in sectors like mining and construction are expected to drive the demand for industrial fasteners in Australia and New Zealand
• The demand was hampered owing to the global outbreak of the COVID-19 pandemic in 2020 which disrupted the construction and manufacturing activities in Australia and New Zealand, which in turn, hampered the demand for industrial fasteners in the market. Furthermore, the post-pandemic recovery of the market along with rising industrialization and urbanization would likely increase the demand for industrial fasteners
• Residential application dominated the market in 2021 and is expected to reach USD 292.9 million by 2030, owing to high investments towards residential construction in Australia and New Zealand, which in turn, is expected to increase the demand. In residential construction, industrial fasteners are primarily used for bonding/attaching and cable management applications
• Market differentiators are the players engaged in the production and distribution of fasteners with distinctive characteristics. The players focus on technological advancements in various types of metals and plastics being used for the production of industrial fasteners, including nylon, ceramics, special alloys, and carbon fiber, to maintain their dominance in the competition. Moreover, mergers & acquisitions of manufacturers and suppliers are being pursued by prominent companies to strengthen their market positions

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Australia And New Zealand Industrial Fasteners Market Segmentation

Grand View Research has segmented the Australia and New Zealand industrial fasteners market based on raw material, product, and application:

Australia And New Zealand Industrial Fasteners Raw Material Outlook (Revenue, USD Million, 2017 - 2030)

• Plastic
• Metal

Australia And New Zealand Industrial Fasteners Product Outlook (Revenue, USD Million, 2017 - 2030)

• Externally Threaded Fasteners
• Internally Threaded Fasteners
• Non-Threaded Fasteners
• Aerospace Grade Fasteners

Australia And New Zealand Industrial Fasteners Application Outlook (Revenue, USD Million, 2017 - 2030)

• Construction
• Aerospace and Defense
• Mining
• Oil & Gas
• Automotive
• Utilities
• Bridge, Railways, and Harbors
• Other Applications

List of Key Players in Australia And New Zealand Industrial Fasteners Market

• Prendergast Fasteners PTY Ltd.
• Allthread Industries
• EJOT
• CMI Fasteners Ltd.
• South Australian Fasteners Engineers PTY 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.

Medical Automation Market Estimated to Experience a Hike in Growth by 2030: Grand View Research Inc.

 Medical Automation Market Growth & Trends

The global medical automation market size is anticipated to reach USD 88.11 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a lucrative CAGR of 9.04% from 2023 to 2030, This is attributed to the rapid technological advancements in lab and pharmacy automation, as well as diagnostic and monitoring automation, which are generating global demand for healthcare automation. Increased government involvement is expected to drive the global healthcare automation market over the forecast period.

Healthcare automation provides cutting-edge solutions in hospital pharmacy automation, logistics and transport, and material handling applications. Healthcare automation is being invested in by labs and research facilities all around the world to simplify various processes and increase overall work productivity. This automation is helping research institutes leverage overall productivity in healthcare facilities, improve experimental data quality, and reduce lab process cycle times, as a result, increasing automation adoption by pharmacies, labs, and research centers is expected to drive market growth over the forecast period.

Furthermore, the rising prevalence of chronic illnesses, as well as the increasing implementation of automated diagnostic and therapeutic equipment, are driving market expansion. According to the World Health Organization (WHO), chronic illnesses are one of the main causes of death in the world, with cancer, stroke, heart disease, diabetes, and respiratory disorders accounting for roughly 60% of all fatalities. Furthermore, according to NCBI, by 2030, around 40.5% of the US population is expected to have one or more cardiovascular disorders, expanding the customer base for this industry.

Market players adopt strategies such as collaborations, launches, and mergers & acquisitions to strengthen their industry position. For instance, in June 2022, GE Healthcare collaborated with Medtronic to accelerate global access to personalized care by offering an advanced patient monitoring system on the CARESCAPE platform. This collaboration enabled GE Healthcare to advance patient care, improve decision-making, boost healthcare system efficiency, and link caregivers & their patients within an ecosystem

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Medical Automation Market Report Highlights

• The medical automation market was valued at USD 44.43 Billion in 2022 and is expected to grow at a CAGR of 9.04 % during the forecast period.
• Based on the Application, the therapeutic automation market segment held the largest share of over 54.19%, and it is also expected to be the fastest-growing segment over the forecast period. This is due to the rising number of solutions on the market and initiatives undertaken by leading companies.
• The laboratory and pharmacy automation market is estimated to attain the highest CAGR of 11.27% from 2023 to 2030.  This is due to the growing need for automation in labs and pharmacies, as well as the tremendous potential for disease identification and treatment. On the other hand, the medical software, informatics, and logistics automation market is expected to grow at the fastest rate over the forecast period.
• Based on end-use, hospitals & diagnostic centers held the largest revenue share of the market in 2022. It is also projected to expand at the fastest CAGR during the forecast period, owing to the increasing use of automated equipment in hospitals & diagnosis, and other treatment centers. On the other hand, the research laboratories & institutes segment accounted for a market share of over 48.11% in 2022.
• North America and Europe are likely to be the primary growth regions for this market. Emerging markets such as Asia Pacific are likely to see positive development throughout the forecast period as healthcare infrastructure improves and increasing demand for automation in healthcare systems 
• A common trend observed is an increase in market participant collaboration for innovation through using each other's capabilities. For instance, Danaher Corporation launched its new Biomek NGeniuS Next Gen Library Preparation System.  This initiative will speed up next-generation sequencing and make it more accessible to research laboratories of all sizes.
• In addition, a competitive environment permits significant R&D investments, distribution agreements, and contracts, which are anticipated to maintain industry competition over the forecast period. For instance, in April 2022, Philips and Prisma Health signed a multiyear strategic agreement to offer healthcare system advancements. Philips will be able to extend its advanced medical care to better patient outcomes and the future of healthcare owing to the long-term strategic collaboration.

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Medical Automation Market Segmentation

Grand View Research has segmented the medical automation market based on Application, End-Use, and region:

Medical Automation Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Imaging Automation Market
  • Integrated Image Analysis software systems
  • Medical Intraoperative Imaging
    • iCT
    • iUltrasound
    • iMRI
    • C-arm system
  • Therapeutic Automation Market
    • Non-Surgical Automation Market
      • Defibrillators
        • Implantable Cardioverter Defibrillators (ICD)
        • Automated External (Portable) Defibrillators
        • Wearable cardioverter defibrillators
      • Electronic Drug Delivery Systems
    • Surgical Automation Market
      • Surgical Robotic device
        • By Product
          • Capital Equipment
          • Consumables
          • Services
        • By Application
          • Large-Joint Replacement
          • Spinal Fusion
        • Intelligent Operating Rooms
        • Surgical Simulators
      • Laboratory and Pharmacy Automation Market
        • Laboratory Automation Market
          • Total Automation (Inclusive of Pre-analysis, Transport Mechanisms, Liquid Handling, Sample Storage, & Analysis)
          • Modular Automation Systems (Inclusive of Specimen Acquisition & Identification & Labelling, Transport Mechanisms, Sample Preparation, Sample Loading & Aspiration, Reagent Handling & Storage, Sample Analysis & Measurements)
          • Microplate Readers and Standalone Robots
        • Pharmacy Automation Market
      • Medical Software, Informatics, and Logistics Automation Market
        • Software and Informatics
        • Logistics Automation
          • Hospital/Staff/Patient Tracking Systems Automated Liquid Handing
            • Radiofrequency Identification
            • Real-time Location Systems
          • Automated Hospital Pickup and Delivery
            • Pneumatic Tube Systems (PTS)
            • Automated Guided Vehicles (AGV)

Medical Automation End-Use Outlook (Revenue, USD Billion, 2018 - 2030)

• Hospitals & Diagnostic Centers
• Research Laboratories & Institutes
• Pharmacies
• Others (Home/Ambulatory Care Settings, etc.)

Medical Automation Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in Medical Automation Market

• Accuray, Inc.
• Tecan Group Ltd.
• Medtronic Plc.
• Swisslog Holding AG
• GE Healthcare
• Intuitive Surgical, Inc.
• Stryker Corporation
• Siemens AG
• Koninklijke Philips N.V.
• Danaher Corporation
• Zimmer Biomet

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.

Textile Enzymes Market Plying for Significant Growth During 2022-2030: Grand View Research Inc.

 Textile Enzymes Market Growth & Trends

The global textile enzymes market is expected to reach USD 694.9 million by 2030, registering a CAGR of 5.3% from 2022 to 2030, according to a new report by Grand View Research, Inc. The growth is majorly driven by the increasing focus on effective textile processing, in a more sustainable way, in mills and garment laundries. In addition, various technological advancements and development regarding synthetic fabric finishing, and jeans desizing is expected to shape the future outlook of the product market.

The future growth of the product, is highly dependent on the changing consumer trends and preferences with respect to sudden transformation in fashion fads, especially in apparel. The growing demand for synthetically finished products and high-quality fabrics on account of a large number of younger populations as consumers, along with their rising disposable incomes is anticipated to pave the way for overall market growth in the projected period.

Enzymes for textiles are employed in the production of fabrics and clothing, primarily in the finishing stage. These products have a reputation for accelerating processes and are only meant to work on specific substrates. The use of enzymes in the textile industry is one of the fields that is growing the fastest. The textile business makes use of enzymes such as amylases, catalases, laccase, and others, as they are used in multiple applications, including desizing and denim finishing.

Amid the COVID-19 pandemic, as the overall textile market was badly hit due to the halt in the production of various textiles and fabrics, the demand for textile enzymes was significantly lower as a result negatively affecting the global market. Countries like India, Spain, Germany, and China were badly hit during the pandemic. These countries are some of the top textiles and apparel exporters in the world. According to Sage publication, the Indian textile industry was one of the severely hit industries during the COVID-19 pandemic due to supply chain disruptions, relatively lower demand as well a halt in production.

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Textile Enzymes Market Report Highlights

• The micro-organisms segment witnessed the highest growth rate of 5.4%, owing to their ability to produce enzymes on a commercial scale by the means of isolating these micro-organisms by carrying out the fermentation process
• Laccases type witnessed the fastest growth rate of 6.3%, as there has been an increasing focus on these enzymes in recent years on the account of their wide application in the bleaching process
• The bleaching application witnessed the highest growth rate of 5.9%, due to the rising demand for clean, soft, and perfect shade textiles throughout the world. Enzymatic bleaching can be used as a replacement for hydrogen peroxidebleaching that gives a relatively hard feel to the textiles
• Europe region is expected to witness the fastest growth rate of 5.7% over the forecast period, on the account of the large presence of manufacturers & end-users in the region and exponential growth in the overall textile market
• The textile enzyme market is highly competitive due to the large number of manufacturing companies operating in the global market. Companies such as Novozymes, AB Enzymes, DSM, BASF SE, Noor Enzymes, and Kemin Industries, Inc. are some of the key market participants

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

Textile Enzymes Market Segmentation

Grand View Research has segmented the global textile enzymes market report based on source, type, application, and region:

Textile Enzymes Source Outlook (Revenue, USD Million, 2018 - 2030)

• Animal Tissues
• Plants
• Micro-organisms

Textile Enzymes Type Outlook (Revenue, USD Million, 2018 - 2030)

• Amylases
• Cellulase
• Lipases
• Proteases
• Pectinases
• Laccases
• Other Types

Textile Enzymes Application Outlook (Revenue, USD Million, 2018 - 2030)

• De-Sizing
• Bio-Polishing
• Bleaching
• Bio-Sourcing
• Other Applications

Textile Enzymes Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Textile Enzymes Market

• Novozymes
• BESTZYME BIO-ENGINEERING CO., LTD.
• AB Enzymes
• BASF SE
• DENYKEM
• DSM
• Kemin Industries, Inc.
• Advanced Enzyme Technologies
• Ultreze
• EPYGEN LABS LLC.
• Sunsong Industry Group Co., Ltd.
• Noor Enzymes
• Antozyme Biotech Pvt. Ltd.
• Nature BioScience Pvt. L.T.D.
• Tex Biosciences (P) Ltd.
• Infinita Biotech Private Limited

About Grand View Research

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

Online Clothing Rental Market Get Facts About Business Strategies 2022 to 2030: Grand View Research Inc.

 Online Clothing Rental Market Growth & Trends

The global online clothing rental market size is expected to reach USD 2.33 billion in 2030, registering a CAGR of 8.5% from 2022 to 2030, according to a new report by Grand View Research, Inc. Soaring demand for luxury designer dresses, as well as continuous shifts in consumer fashion sense, are the factors expected to fuel the rise of the online garment rental sector. In addition, consumers’ increased spending on fashionable pursuits as their disposable income rises, coupled with the rapid growth in the number of fashion brands, is a major element driving the market.

Increasing online retail is the primary driving factor for this growth. Moreover, technological advancements, internet penetration, and the increasing popularity of online shopping portals during the last few years are the factors driving the market. Furthermore, the rise in the popularity of fashion vlogs, the film industry, and the television industry is expected to fuel market growth. These industries require clothes for a short duration and thus, they prefer renting them instead of buying them. Hence, this growth is expected to impact demand for online clothing rental in the forthcoming years.

Another element supporting the market's expansion is growing awareness of environmentally friendly clothes and the benefits of sharing and recycling clothing. Reusing worn clothing, using less plastic packaging, and efficiently making use of recyclable, renewable, manufacturing resources like power, water, and other materials are just a few examples of the sustainability practices that are becoming more and more popular, which is helping the industry to expand.

Online clothing rental services also allow brand- and price-conscious consumers to try on a range of clothes without buying them, as there is a growing emphasis on sharing rather than owning. It is anticipated that further variables, such as expanding internet penetration rates, rising subscription-based model acceptance, and growing disposable income levels, will fuel the market.

COVID-19 has negatively impacted the online clothing rental market. As a result of the lockdown, all businesses, except essential services, were closed which disrupted the supply and distribution of online clothing thereby affecting the clothing manufacturers. For instance, in the U.S. in response to the pandemic, Rent the Runway, the face of the fashion rental model, announced layoffs, temporary pay reductions, and staff furloughs.

Another significant issue during the pandemic is hygiene. Clear health and safety guidelines are essential, particularly when it comes to peer-to-peer networks like Hurr, where lenders send garments directly to renters. However, the market is expected to eventually return to the pre-pandemic situation as people resume their normal life and start attending weddings, banquets, and other events after a long gap. This trend is anticipated to impact positively during the forecast period.

The women segment led the market share in 2021 and is expected to witness progressive growth in demand during the forecasted period. The women segment accounted for the leading market share of more than 59.13% in 2021 and is expected to witness significant growth in the near future. Constantly changing fashion trends are anticipated to propel segment growth.

Traditional renting is expected to register a CAGR of more than 8.7% during the forecast period. Traditional clothes are worn during festivals along with rare and special occasions thus, are used very less. Hence, consumers prefer renting them instead of purchasing them. Formal clothes are anticipated to hold the largest market share of around 46.17% in 2021. Formal clothes such as suits and blazers are expensive and require maintenance, thus price-conscious and young consumers find renting as a better option.

In 2021, North America led with a market share of around 39.13% and is anticipated to witness a significant CAGR in the near future. In North America, Mexico contributes to the majority of the share and is expected to register a CAGR of more than 8.1% during the forecast period. Europe is the second-largest segment with a market share of around 26.91% in 2021. Western Europe is the dominant segment, due to the high purchasing power and fashion-conscious consumers in the countries, such as France, Italy, and the U.K.

The market poses a moderate to low entry barrier as this industry is new. Hence, to expand the business further, many new companies are joining the market. The overall market is driven by product innovation and introduction of the advanced features to enhance the consumer experience.

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Online Clothing Rental Market Report Highlights

• The women’s segment is expected to grow at the fastest CAGR during the forecast period, from 2022 to 2030. The segment growth can be attributed to the constantly changing fashion trends which are anticipated to propel segment growth
• The traditional segment is expected to grow at the fastest CAGR during the forecast period., Traditional clothes are worn during festivals along with rare and special occasions thus, it is anticipated to propel the segment growth
• North America led with a market share of around 39.13% and is anticipated to witness a significant CAGR, during the near future. In North America, Mexico contributes to the majority of the share and is expected to register a CAGR of more than 8.1% during the forecast period.

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

Online Clothing Rental Market Segmentation

Grand View Research has segmented the global online clothing rental market based on end-user, dress code, and region.

Online Clothing Rental End User Outlook (Revenue, USD Million; 2017 - 2030)

• Men
• Women
• Children

Online Clothing Rental Dress Code Outlook (Revenue, USD Million; 2017 - 2030)

• Formal
• Casual
• Traditional

Online Clothing Rental Regional Outlook (Revenue, USD Million; 2017 - 2030)

• North America
  • US.
  • Mexico
• Europe
  • UK.
  • France
• Asia Pacific
  • China
  • India
• Central & South America
  • Argentina
• Middle East & Africa
  • UAE

List of Key Players in Online Clothing Rental Market

• The Clothing Rental
• Rent the runway
• com
• Share Wardrobe
• Secoo Holding Limited
• Gwynnie Bee
• Le Tote
• Swapdom
• Style Lend
• Dress Hire

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.

Wearable Skin Adhesives Market Outlook Growth Emerging Factors On Geography, Technological Advancements And Mounting Demand Forecast To 2030

 Wearable Skin Adhesives Market Growth & Trends

The global wearable skin adhesives market size is projected to reach USD 676.72 million by 2030, expanding at a CAGR of 8.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. Wireless technology is driving the market with more number of healthcare professionals and patients now being able to track their vital health indicators such as blood pressure and heart rate. Moreover, increasing awareness regarding the prevention of chronic diseases and rising usage of smartphones that also help in identifying health risk factors are contributing to the growth of the market.

Furthermore, a growing number of people focusing on their physical health is another factor expected to drive the market. Increasing government initiatives to raise awareness regarding the prevention of obesity that may lead to the development of chronic conditions at a national level are resulting in a rise in the sales of wearable skin adhesives.

The COVID-19 pandemic had a significant positive impact on the market. Owing to a large population of patients with chronic conditions being at a high risk of getting infected or severely ill with the virus, there was an increasing focus on personal health among patients and other individuals.

Moreover, due to the temporary closedown of most services and changes in healthcare priorities, many patients with diabetes and high blood pressure had to track their blood sugar and blood pressure level to avoid hospitalization and any severe effects. With economies now returning to normalcy, the market is expected to further flourish over the forecast period.

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Wearable Skin Adhesives Market Report Highlights

• The silicone-based segment held the largest market share in 2022 owing to its increasing adoption across all the settings
• The acrylic-based segment is expected to witness the fastest growth over the forecast period owing to the easy availability of these products
• Monitoring devices accounted for the largest share in 2022 due to the increasing adoption of these devices for monitoring purposes
• The hospitals segment held the largest share in 2022 owing to a large number of products being used in these facilities
• Home care settings are projected to witness the fastest growth over the forecast period due to the increasing adoption of these products to monitor health parameters at home
• North America accounted for the largest share in 2022 owing to a well-developed healthcare structure, a growing geriatric population, and increasing healthcare expenditure
• Asia Pacific is expected to observe the highest growth over the forecast period due to a rise in the prevalence of chronic diseases and increasing usage of smartphones in this region

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

Wearable Skin Adhesives Market Segmentation

Grand View Research has segmented the global wearable skin adhesives market based on product, application, end-use, and region:

Wearable Skin Adhesives Product Outlook (Revenue, USD Million, 2017 - 2030)

• Acrylic-based
• Silicone-based
• Others

Wearable Skin Adhesives Application Outlook (Revenue, USD Million, 2017 - 2030)

• Diagnostic Devices
• Monitoring Devices
• Drug Delivery Devices

Wearable Skin Adhesives End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Hospitals
• Ambulatory Surgical Centers
• Home Care Settings
• Others

Wearable Skin Adhesives 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 in Wearable Skin Adhesives Market 

• 3M
• Scapa Group
• Dow Corning
• B. Fuller
• Adhesives Research
• Henkel AG & Co. KGA
• Vancive Medical Technologies
• Polymer Science, Inc.
• Lohmann GMbH & Co.KG
• Adhezion Biomedical

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.