Friday, 22 December 2023

Flexible Plastic Packaging Market Top Companies, Trends and Growth Factors Details for Business Development by 2025

 The Report Flexible Plastic Packaging Market Size, Share & Trends Analysis Report By Material (Polyethylene, Polyamine, PVC), By Type (Flat Pouches, Stand-Up Pouches), By Application, And Segment Forecasts, 2018 - 2025

The global flexible plastic packaging market size is projected to reach USD 179.69 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.9% during the forecast period. Significant demand for the product in the food & beverage and healthcare industries is a key growth stimulant for the market.

Polyethylene is the most widely used material for the production of flexible plastic packaging. The segment is expected to account for the largest share in the market during the forecast period owing to its abundant availability and considerable decline in manufacturing costs. In terms of type, the demand for flat pouches is estimated to register significant rise over the same period owing to its applicability in various industries. These pouches are preferred for their convenience regarding storage and transportation.

The demand for the product in the food & beverage industry is backed by growing popularity of stand-up pouches and flat pouches on retail shelves. The pharmaceutical industry offers a lucrative opportunity for the global flexible plastic packaging market owing to increasing health awareness among consumers, burgeoning popularity of convenient packaging, and a substantial increase in processing units (product) from a manufacturer’s standpoint.

In this regard, Europe has also contributed significantly to the growth of the pharmaceutical industry, thereby strengthening the flexible plastic packaging market in the region. Some of the key countries that have witnessed upswing in the demand for pharmaceutical products are Belgium, Denmark, France, Germany, Ireland, Italy, and Switzerland.

Asia Pacific is likely to be a promising destination for flexible plastic packaging manufacturers, notably emerging countries such as China, Japan, and India. Manufacturers are focusing on setting up their manufacturing plants close to sources of raw materials in the region, on account of their cheap availability. Low labor cost is another factor that is attracting manufacturers to strengthen businesses in this region. Asia Pacific is also the largest market for beverages. This has offered lucrative opportunities to manufacturers to cater to packaging requirements of the beverage industry in the region.

Access Research Report of Flexible Plastic Packaging Market https://www.grandviewresearch.com/industry-analysis/flexible-plastic-packaging-market

Further key findings from the report suggest:

  • In terms of volume, the healthcare application segment is anticipated to reach 29.12 million tons by 2025, at a CAGR of 2.7% during the forecast period
  • In terms of revenue, the food & beverage segment is expected to witness the fastest growth over the forecast period, owing to benefits offered by the product such as decreased scrap and easy processing.
  • In terms of volume, the PE segment dominated the market in 2017 with a share of approximately 26.0%. It is expected to retain its prominent position over the forecast period
  • In terms of revenue, the segment for stand-up pouches is anticipated to account for a market share of 65.7% by 2025. The flat pouches segment is expected to register the fastest growth over the forecast period, owing to ease of manufacturing process coupled with significant demand for the product
  • The industry for flexible plastic packaging is highly competitive with presence of various well-established players with extensive product portfolios
  • Key market participants in the market include Sigma Plastics Group, Amcor Limited, Sealed Air Corporation, Constantia Flexibles Group, ProAmpac, Mondi plc, and Coveris Holding S.A.

Access Press Release of Flexible Plastic Packaging Market@ https://www.grandviewresearch.com/press-release/global-flexible-plastic-packaging-market

Grand View Research has segmented the global flexible plastic packaging market on the basis of material, type, application, and region.

Flexible Plastic Packaging Material Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

  • PE
  • PP
  • PA
  • PVC
  • PS
  • Others

Flexible Plastic Packaging Type Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

  • Stand-Up Pouches
  • Flat Pouches
  • Rollstocks
  • Others

Flexible Plastic Packaging Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

  • Food & Beverage
  • Healthcare
  • Personal care
  • Others

Flexible Plastic Packaging Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

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.

Immunoassay Market to Exhibit Impressive Growth During 2023– 2030: Grand View Research Inc.

 Immunoassay Market Growth & Trends 

The global immunoassay market size is expected to reach USD 45.15 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.31% from 2023 to 2030. The introduction of PoC rapid tests and automated immunoassay analyzers is boosting market growth. In addition, the rising number of chronic and infectious diseases is leading to high market growth.

According to the American Cancer Society, there were an estimated 16.9 million cancer patients/survivors in 2020. Around 1.8 million cancer cases were diagnosed in the U.S., according to the National Cancer Institute 2019 data. According to the American Cancer Society, nearly 606,880 deaths occurred due to cancer in the U.S. in 2019. Thus, the rise in the number of cancer cases being diagnosed is driving the demand for immunoassays. This is expected to boost the market growth in the coming years.

Furthermore, growing awareness regarding infectious diseases and preventive measures has led to a high demand for rapid diagnostic test products, thereby increasing sales. Based on a survey by the WHO on the World malaria report 2018, manufacturers reported sales of 276 million for lateral flow assays in 2017. It also reported that around 75.0% of malaria cases were diagnosed using lateral flow assays in sub-Saharan Africa in 2017.

Several smartphone-based devices and associated tools have emerged as next-generation point-of-care diagnostics or testing devices, thereby boosting the market growth. For instance, a smartphone application combined with the autonomous capillary microfluidic chip is used for the rapid testing of cardiac troponin I in myocardial infarction. This platform can be easily used in resource-limited settings, providing test results within 12 minutes. Thus, novel technological advancements are anticipated to further drive the market over the forecast period.

The first implementation of the Atellica immunoassay solutions with Aptio automation in the United States was announced by Siemens Healthcare GmbH in April 2018. The objective of this product was designed to promote advanced technological products in the U.S. In December 2020, Beckman Coulter, a Danaher business, introduced its first high-quality as well as throughput assay for the COVID-19 antigen detection, officially named Access SARS-CoV-2 Antigen assay. In July 2018, Cygnus Technologies and Gyros Protein Technologies collaborated to produce immunoassay to identify biotherapeutic toxins. The two companies' strategic alliance will primarily focus on offering bioanalytical solutions and increasing biotherapeutics manufacturing efficiencies.

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Immunoassay Market Report Highlights

  • In 2022, the Enzyme Immunoassays (EIA) technology segment held the largest revenue share as this technique is used for detecting specific antigens or antibodies in samples. This technique aids in the precise detection of chronic and infectious diseases
  • The rapid test technology segment held a significant revenue share in 2022 due to the rise in demand for early diagnosis
  • The infectious disease testing application segment dominated the market in 2022 due to the rise in the incidence of infectious diseases such as HIV, malaria, influenza, and the novel COVID-19
  • The clinical laboratories end-use segment is anticipated to grow at a rapid pace over the forecast period owing to the increasing establishment of diagnostic labs in key regions and the large number of tests being conducted by them
  • North America accounted for the largest revenue share in 2022. Well-established  healthcare infrastructure and the easy availability of technologically advanced instruments in the U.S. are some of the leading factors fueling the growth of this regional market

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

Immunoassay Market Segmentation

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

Immunoassay Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Reagents & Kits
    • ELISA Reagents & Kits    
    • Rapid Test Reagents & Kits          
    • ELISPOT Reagents & Kits              
    • Western Blot Reagents & Kits    
    • Other Reagents & Kits  
  • Analyzers/Instruments
    • Open Ended Systems
    • Closed Ended Systems
  • Software & Services

Immunoassay Specimen Outlook (Revenue, USD Million, 2018 - 2030)

  • Blood  
  • Saliva    
  • Urine    
  • Other Specimens      

Immunoassay Technology Outlook (Revenue, USD Million, 2018 - 2030)

  • Radioimmunoassay (RIA)
  • Enzyme Immunoassays (EIA)Rapid Test
    • Chemiluminescence Immunoassays (CLIA)
    • Fluorescence Immunoassays (FIA)
  • Others

Immunoassay Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Therapeutic Drug Monitoring
  • Oncology
  • Cardiology
  • Endocrinology
  • Infectious Disease Testing
  • Autoimmune Diseases
  • Others

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

  • Hospitals
  • Blood Banks
  • Clinical Laboratories
  • Pharmaceutical and Biotech Companies
  • Academic Research Centers
  • Others

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

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

List of Key Players of Immunoassay Market

  • Siemens Healthineers
  • bioMérieux SA
  • Abbott Laboratories
  • Danaher Corporation (Beckman Coulter)
  • Quidel Corporation
  • Ortho Clinical Diagnostics
  • Sysmex Corporation
  • Bio-Rad Laboratories, Inc.
  • Becton, Dickinson, and Company
  • Hoffmann-La Roche AG
  • Thermo Fisher Scientific, Inc.

About Grand View Research

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

Enterprise Video Market to Register Stable Expansion During 2022 – 2030: Grand View Research Inc.

 Enterprise Video Market Growth & Trends

The global enterprise video market size is expected to reach USD 48.85 billion by 2030, registering a CAGR of 13.8% from 2022 to 2030, according to a new study conducted by Grand View Research, Inc. The drastic rise in the number of online video viewers is playing a major role in driving the market growth. According to the popular video streaming platform, YouTube, it has over 2 billion users, and around 5 billion videos are watched every day on the site. Moreover, several businesses are now including video as a part of their content marketing strategy, which, in turn, is positively influencing the market statistics.

The growth of the market is being further proliferated by the burgeoning demand for video conferencing and webcasting solutions across various organizations. They use these services to improve the collaboration between internal and external stakeholders and facilitate effective customer engagement.

The synergy between enterprise video and digital signage has helped organizations increase their brand awareness, product awareness, and customer engagement which will drive the market growth in the upcoming years. For instance, banks use signage and kiosks at branch locations to develop distinguished business strategies and create customer value. It helps banks to promote their products and services, such as loans, credit cards, etc.

Moreover, several venture capital firms are now providing funds to the startups developing enterprise video solutions. For instance, in March 2022, an Indian startup 100ms, Inc., engaged in the development of live video conferencing infrastructure, raised USD 20 million in a Series A funding round to enhance the next-generation video apps. The major players in the market are introducing innovative live streaming applications to gain a competitive edge in the industry. For instance, IBM Corporation provides an IBM Video Streaming platform that helps users broadcast multiple live-streamed content. This platform offers full control to the organizations over the content.

The emergence of the COVID-19 pandemic created remunerative opportunities for the enterprise video market due to increased demand for video conferencing solutions across various organizations and government institutions. As a response to the global health crisis, the governments across various countries are now allocating funds to the law enforcement agencies to help them incorporate enterprise video solutions to conduct their operations. To illustrate, in April 2020, the Ohio Supreme Court announced to allocate USD 4 million to the high courts for deploying video conferencing systems.

Request a free sample copy or view the report summary: Enterprise Video Market Report

Enterprise Video Market Report Highlights

  • The video content management segment is expected to gain traction with increasing investments in the social media and content sharing platforms by the gaming companies to target potential customers
  • The managed services segment is anticipated to grow significantly with the increased consumer demand as these services help in saving costs. These services cut the recurring in-house costs by around 30 to 40%
  • The increasing emphasis on cloud deployment by the major tech companies such as Amazon Web Services, Inc., and Microsoft to establish robust security and compliance standards, is expected to enhance the cloud segment outlook
  • The marketing and client engagement segment is set to record a substantial CAGR of 14.5% with rising demand for influencers across numerous advertising and marketing firms
  • The SME segment is estimated to witness a CAGR of more than 15.4% through 2030 owing to the increasing demand for freemium services, such as the one offered by Zoom Video Communications, Inc
  • The healthcare segment in the market is expected to showcase substantial growth as several government agencies, including Healthcare U.K., and the U.S. Department of Health, etc. are focusing on holding webcasts

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

Enterprise Video Market Segmentation

Grand View Research has segmented the global enterprise video market based on solution, services, application, deployment, delivery technique, organization size, end-use, and region:

Enterprise Video Solution Outlook (Revenue, USD Billion, 2018 - 2030)

  • Video Conferencing
  • Video Content Management
  • Webcasting

Enterprise Video Services Outlook (Revenue, USD Billion, 2018 - 2030)

  • Integration & Deployment
  • Managed Service
  • Professional Service

Enterprise Video Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

  • Cloud
  • On-premises

Enterprise Video Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Corporate Communications
  • Training & Development
  • Marketing & Client Engagement

Enterprise Video Delivery Technique Outlook (Revenue, USD Billion, 2018 - 2030)

  • Downloading/ Traditional Streaming
  • Adaptive Streaming
  • Progressive Downloading

Enterprise Video Organization Size Outlook (Revenue, USD Billion, 2018 - 2030)

  • Large Enterprise
  • Small & Medium Enterprise (SME)

Enterprise Video End-use Outlook (Revenue, USD Billion, 2018 - 2030)

  • IT & Telecom
  • Banking, Financial Services, and Insurance (BFSI)
  • Healthcare & Life Sciences
  • Media & Entertainment
  • Education
  • Retail & Consumer Goods
  • Others

Enterprise Video Regional Scope (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players of Enterprise Video Market

  • Adobe
  • Avaya Inc.
  • Brightcove Inc.
  • Cisco Systems, Inc.
  • IBM Corporation
  • Kaltura, Inc.
  • Microsoft
  • Polycom, Inc. (Plantronics, Inc.)
  • VBrick
  • Vidyo, 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.

Thursday, 21 December 2023

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

 Dairy Alternatives Market Growth & Trends

The global dairy alternatives market size is expected to reach USD 66.9 billion by 2030, is anticipated to expand at a CAGR of 12.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing occurrence in cases of milk allergies and lactose intolerances are expected to drive the demand further in the forecast period. Numerous food and beverage products are thus making use of the product to appeal to the growing consumer base that is opting for plant-based and others.

The increasing demand for vegan and vegetarian diets is one of the major drivers to the market. With the growing awareness about the benefits of plant-based diets, more consumers are opting for vegetarian and vegan food products. Consumers are also opting for alternate products as a means to cut back on calories consumed as dairy products generally contain a high number of calories. Consumers looking to lose weight have been increasingly substituting cow or buffalo milk with soy or almond milk. This, in turn, is expected to aid the growth of the market as the fitness-savvy consumer base is increasing across the globe.

Initiatives undertaken by manufacturers such as offering novel flavors, enriching with vitamin & mineral supplements, better quality, and attractive packaging are expected to have a positive impact on the industry over the forecast period. In 2022, numerous start-ups in the market received notable investments such as Remilk, Imagindairy, and Perfect Day which received USD 120 million, USD 13 million, and USD 350 million respectively in seed funding.

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Dairy Alternatives Market Report Highlights  

  • Based on source, in 2022, the soy segment dominated the market with a revenue share of over 35.32%. Soy milk is rich in nutrients and has a high protein content compared to other alternatives, which is expected to drive the segment over the forecast period. Soy milk has been traditionally used in the Asia Pacific region for centuries and is a part of numerous recipes, which is expected to keep the product demand consistently stable over the forecast period. It is used for the purpose of lowering obesity and blood cholesterol levels and reducing the risk of several postmenopausal issues, along with improving cardiovascular health, which, in turn, has made it a preferred supplement.
  • Based on product, the milk segment dominated the market in 2022 accounting for a share of 67.98%. In Europe, increasing demand for low-calorie content food, coupled with the rising popularity of plant-based nutritional products, is likely to augment the demand for the product over the forecast period. The milk product segment includes various new and innovative beverage options with dairy alternatives as a base ingredient. The manufacturers of beverages are introducing new products for higher market capitalization.
  • The Asia Pacific region dominated the market in 2022 with a market share of 45.20% 2022. Increasing cases of lactose intolerance and the rising health issues associated with harmful additives used in dairy products are anticipated to boost the demand for non-dairy products such as soy milk, almond milk, rice milk, and other alternatives in the region.

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

Dairy Alternatives Market Segmentation

Grand View Research has segmented the global dairy alternatives market based on source, distribution channel, product, and region:

Diary Alternatives Source Outlook (Revenue, USD Million, 2017 - 2030)

  • Soy
  • Almond
  • Coconut
  • Rice
  • Oats
  • Others

Diary Alternatives Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Milk
  • Yogurt
  • Cheese
  • Ice-cream
  • Creamers
  • Others

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

  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Online Retail
  • Others

Diary Alternatives Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Dairy Alternatives Market

  • ADM
  • The Whitewave Foods Company
  • The Hain Celestial Group, Inc.
  • Daiya Foods Inc.
  • Eden Foods, Inc.
  • Nutriops, S.L.
  • Earth’s Own Food Company
  • SunOpta Inc.
  • Freedom Foods Group Ltd.
  • OATLY AB
  • Blue Diamond Growers
  • CP Kelco
  • Vitasoy International Holdings Limited
  • Organic Valley Family of Farms
  • Living Harvest Foods 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.

Corrosion Inhibitors Market to See Booming Grow at a CAGR of 3.8% by 2027

 Corrosion Inhibitors Market Growth & Trends

The global corrosion inhibitors market size is anticipated to reach USD 9.9 billion by 2027, expanding at a CAGR of 3.8%, according to a new report by Grand View Research, Inc. The growth in the market can be attributed to increasing investments in oil and gas extraction and production activities in the developing economies across the globe.

Corrosion inhibitors are primarily consumed by the oil and gas industry as pipelines, petrochemical plants, and refineries face significant challenges due to erosion. The application of corrosion inhibitors mitigates deterioration in pipelines, gathering lines, transmission lines, flow lines, and wellbores. It also decreases the occurrence of pitting and costly rust failures for various industry players. Therefore, the application of these products significantly reduces the amount of investment spent on the prevention of rust. This factor has majorly driven the consumption of products across various end-use industries.

Different industries, such as oil and gas, power generation, pulp and paper, metal processing, chemical processing, face several challenges due to rust. This signifies the number of investments by end-use sectors for the prevention of industrial parts and equipment and to extend their life or durability. Furthermore, internal corrosion caused by aggravated microbial activity, water, hydrogen sulfide, or carbon dioxide has increased the need for products among oil and gas companies.

Saudi Arabia is one of the prominent crude oil producers in the world. Moreover, the GDP (PPP) of Saudi Arabia is USD 1.8 trillion, which makes it one of the top-performing economies in the Middle East. With the presence of some of the leading global players such as Saudi Aramco and some of the prominent producing fields such as Ghawar field, the country is expected to boost the consumption over the forecast period.

This is likely to result from the higher preference for oil-based products given their long-lasting protection results for parts or equipment exposed to severe environmental conditions. Furthermore, these are preferred over water-based ones owing to their heavy film and water-rejecting properties. However, water-based products are expected to gain a significant market share over the forecast period due to their conservative nature and favorable government regulations pertaining to their use.

Request a free sample copy or view report summary: Corrosion Inhibitors Market Report

Corrosion Inhibitors Market Report Highlights

  • In 2019, organic emerged as the prominent product segment owing to their broad utilization in the petroleum refining industry because of their ability to form a protective layer on the metal surface of transporting pipes
  • In 2019, oil-based emerged as the prominent type segment owing to the excellent performance of these corrosion inhibitors in high-velocity flow conditions and elevated pressure
  • In 2019, oil and gas emerged as the prominent end-use segment owing to a surge of serious internal corrosion problems in several refineries, pipelines, and petrochemical plants, along with mounting production.

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

Corrosion Inhibitors Market Segmentation

Grand View Research has segmented the global corrosion inhibitors market on the basis of product, type, end use, and region:

Corrosion Inhibitors Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

  • Organic
  • Inorganic

Corrosion Inhibitors Type Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

  • Water Based
  • Oil Based

Corrosion Inhibitors End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

  • Power Generation
  • Oil & Gas
  • Paper & Pulp
  • Metal Processing
  • Chemical Processing
  • Water Treatment
  • Others

Corrosion Inhibitors Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK.
    • France
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Iran
    • Iraq
    • Kuwait
    • Oman
    • Bahrain

List of Key Players of Corrosion Inhibitors Market

  • Nouryon
  • Cortec Corporation
  • Ashland
  • Ecolab
  • Henkel Ibérica, S.A.
  • The Lubrizol Company
  • BASF SE
  • Dow
  • DuPont de Nemours, Inc.
  • Baker Hughes, a GE company LLC

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.

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

 Cryogenic Equipment Market Growth & Trends

The global cryogenic equipment market size is expected to reach USD 36,734.03 million by 2030, registering a CAGR of 6.5% according to a new report by Grand View Research, Inc. Increasing demand for technical gases from the energy & power industries and rising needs within the entire Liquefied Natural Gas (LNG) value chain are expected to propel the industry growth during the forecast period. Cryogenic equipment is widely used in LNG storage and transportation. LNG, a low-emission fuel, is preferred by several regulatory bodies addressing environmental concerns, thereby driving product demand. Rising investments in LNG power plants and the trend toward using LNG fuel in railroads and marine transportation have increased the demand for cryogenic equipment.

Technological developments in the fields of pharmaceutical, immunotherapy, vaccination, and regenerative medication have boosted the utilization of cryogenic equipment. In addition, a rise in cases of health-related problems, particularly in metropolitan areas, as well as the growing population is expected to support the growing installation of cryogenic equipment. Advancement in the energy & power sector has led to the improvement of HTS cables and energy storage, facilitating the use of cryogenic equipment for cooling purposes. Furthermore, substantial investments in developing countries to construct smart cities, high-speed trains, and the need to reduce global carbon footprints are likely to create lucrative opportunities for the industry.

An increase in government programs, greenfield investments, and related policies to adopt advanced technological equipment is expected to boost product demand over the forecast period. Rapid industrialization and increasing disposable income have led to the widespread adoption of this equipment in automotive, metallurgy, and other industries. Companies in the industry are actively engaged in mergers and acquisitions and joint ventures to strive in the competitive industry. For instance, in September 2020, Air Liquide SA acquired the majority of its stake in the French company Cryoconcept. In December 2021, Chart Industries Inc. signed MOU with Howden Group, incorporating gas compression systems in Chart hydrogen offerings.

Request a free sample copy or view report summary: Cryogenic Equipment Market Report

Cryogenic Equipment Market Report Highlights

  • The tank segment accounted for a significant revenue share in 2022. Tank equipment presents several benefits including high-quality insulation, extended service life, and lower maintenance cost
  • The liquefied natural gas segment held the largest revenue share in 2022 due to the wider usage of LNG in various industries including, chemical, automotive, food, and energy sectors
  • The storage application segment accounted for a significant share in 2022 due to the high demand for acquiring, storing, and monitoring liquefied gases like oxygen, nitrogen, natural gas, and argon
  • The Asia Pacific was the dominant region in 2022 owing to the rapid urbanization and industrialization in the region
  • In January 2020, Linde plc announced starting a new air-separation plant in Shanghai Lingang Industrial Zone as a joint venture with Linde LienHwa to deliver ultra-high purity gases, such as nitrogen, oxygen, argon, carbon dioxide, as well as compressed dry air

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

Cryogenic Equipment Market Segmentation

Grand View Research has segmented the global cryogenic equipment market on the basis of product, cryogen, application, end-use, and region:

Cryogenic Equipment Product Outlook (Revenue, USD Million; 2018 - 2030)

  • Tanks
  • Valves
  • Pumps & Vaporizers
  • Vacuum Jacketed Piping
  • Others

Cryogenic Equipment Cryogen Outlook (Revenue, USD Million; 2018 - 2030)

  • Nitrogen
  • Oxygen
  • Argon
  • Liquefied Natural Gas
  • Others

Cryogenic Equipment Application Outlook (Revenue, USD Million; 2018 - 2030)

  • Distribution
  • Storage

Cryogenic Equipment End-user Outlook (Revenue, USD Million; 2018 - 2030)

  • Oil & Gas
  • Metallurgy
  • Automotive
  • Food & Beverage
  • Chemical
  • Other

Cryogenic Equipment Regional Outlook (Revenue, USD Million; 2018 - 2030)

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

List of Key Players of the Cryogenic Equipment Market

  • Chart Industries Inc.
  • Linde plc
  • Herose GmbH
  • Nikkiso Co. Ltd.
  • Wessington Cryogenics
  • Braunschweiger Flammenfilter GmbH
  • Standex International
  • INOX India Limited
  • Air Liquide SA
  • Premier Cryogenics Ltd.
  • Lapesa Grupo Empresarial s.l
  • Galileo Technologies S.A.
  • MAN Energy Solutions SE
  • Cryolor SA
  • SAS Cryo Pur
  • Ulvac Technologies, Inc.

About Grand View Research

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

Dental 3D Printing Market Projected To Be Worth $15.9 Billion By 2030: Grand View Research Inc.

 Dental 3D Printing Market Growth & Trends

The global dental 3D printing market size is anticipated to reach USD 15.9 billion by 2030, according to the new report of Grand View Research, Inc. The market is expected to expand at a CAGR of 26.4% from 2024 to 2030. The rising geriatric population globally and the rising number of patients with dental problems are anticipated to drive the market. Furthermore, the escalating demand for customized dental materials is likely to boost the growth of the market over the forecast period. The outbreak of coronavirus has caused havoc across all industries. Initially, the dental 3D printing market was impacted negatively by the outbreak, as most dental clinics and offices were closed in many parts of the world due to the global restrictions in early 2020. Furthermore, there was a decline in the number of dental procedures performed every year.

However, there has been a recovery in 2021, in most regions, especially Europe and North America as dental services regained normalcy. The dental 3D printing market in the Asia Pacific has been slower to recover, especially in India and China. However, the factors that had previously fuelled 3D dental printing, such as the expansion of corporate chains and dental clinics and the rising dental set-ups and the, are still in place. This is expected to drive the demand for dental 3D printers in the coming years. The need for faster turnaround times, smoother clinical workflows, and fewer dental appointments are likely to boost the market growth. Dental professionals are more likely to invest in advanced technologies like CAD/CAM and dental 3D printing to decrease the time taken to deliver dental treatment and appliances, hence the patients may be more likely to choose these solutions for the same reason.

Moreover, the rising investment by major players, rapid technological advancements, and rising consumer awareness, are estimated to boost the demand for dental 3D printers, thereby fueling the growth of the market over the forecast period. The growing trend of resorting to dental procedures to enhance the personality is promoting the players in the dental 3D printing market to help dental professionals address the demand in the least possible time. Besides the rising demand for bridges and crowns among the aged population, the popularity of shaded printing material is increasing, owing to surging consumer proclivity for natural-looking teeth, especially among millennials. 

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Dental 3D Printing Market Report Highlights

  • By application, the orthodontics segment dominated the market in 2023 and is expected to witness significant growth over the forecast period. The growth of the segment is due to the increasing number of patients with misalignment and gaps in the teeth. Such factors are driving the market players to focus on the development of products associated with orthodontics
  • Based on the technology, the others segment is projected to register the highest growth rate in the market owing to the rising investments in R&D related to material jetting, electron beam melting, and binder jetting techniques
  • The dental laboratories was the dominant segment in the end-use segment in 2023. The segment is anticipated to exhibit the highest CAGR of 26.7% during the forecast period. The growing adoption of advanced technologies in laboratories is augmenting the growth of the segment
  • North America is expected to maintain its lead in the dental 3D printing market owing to the technological advancements, rising R&D, and presence of major medical device manufacturers in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/global-dental-3d-printing-market

Dental 3D Printing Market Segmentation

Grand View Research has segmented the global dental 3D printing market on the basis of application, technology, end-use, and region:

Dental 3D Printing Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Orthodontics
  • Prosthodontics
    • Dentures
      • Temporary Tooth
      • Permanent Tooth
    • Implantology

Dental 3D Printing Technology Outlook (Revenue, USD Billion, 2018 - 2030)

  • Vat Photopolymerization
    • Stereolithography
    • Digital Light Processing
  • Polyjet Technology
  • Fused Deposition Modelling
  • Selective Laser Sintering
  • Others

Dental 3D Printing End-use Outlook (Revenue, USD Billion, 2018 - 2030)

  • Dental Clinics
  • Dental Laboratories
  • Academic And Research Institutes

Dental 3D Printing Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players of Dental 3D Printing Market

  • 3D Systems
  • Stratasys Ltd
  • Renishaw
  • Roland DG
  • SLM Solutions
  • EnvisionTec
  • DentsPly Sirona
  • Straumann
  • Form Labs
  • Prodways
  • Planmeca

About Grand View Research

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

Impact of Existing and Emerging Enteral Feeding Devices Market Trends And Forecast 2024-2030: Grand View Research Inc.

 Enteral Feeding Devices Market Growth & Trends

The global enteral feeding devices market size is expected to reach USD 5.9 billion by 2030 and is expected to expand at a CAGR of 5.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. According to an NCBI article published in 2018, the prevalence of nutrient deficiency in the geriatric population is nearly 15% in ambulatory outpatients, 35-65% among hospitalized patients, and 20-60% in institutionalized patients. Thus, healthcare professionals are maximizing options for enteral nutrition among the elderly, which is expected to boost the market.

In addition, aging weakens the immune system, increasing the patient’s susceptibility to infectious diseases and affecting crucial body functions. Myelodysplastic syndromes are disorders that occur due to low blood count, wherein bone marrow produces very few functioning and/or mature RBCs. This increases the risk of infection and anemia-related problems, thereby boosting the demand for enteral feeding devices.

Increase in the prevalence of diabetes due to aging, obesity, and unhealthy lifestyle is one of the factors contributing to the growth of the enteral feeding devices industry. Obesity is a major factor leading to diabetes. According to the WHO, in 2021, an estimated 39% of adults aged 18 years and over were overweight, and 13% were obese globally. In addition to obesity, diabetes is becoming increasingly prevalent globally. The International Diabetes Federation (IDF) estimated 537 million adults (aged 20-79 years) living with diabetes in 2021, and this number is expected to rise to 643 million by 2030.

IDF also reports that the prevalence of diabetes is increasing globally, with the highest increments witnessed in low- and middle-income countries. Diabetic neuropathy is another condition where the nutritional requirements of patients with damage to the nerve and blood vessels are managed through medical foods. According to an article published in ScienceDirect in July 2021, the prevalence of peripheral neuropathy was high among diabetic patients, accounting for around 40.3%, and type 2 diabetic patients are more susceptible to it than type 1 diabetic patients. The risk of neuropathy significantly increases with age, changes in diet, and unhealthy lifestyles. Enteral nutrition can help relieve symptoms or slow down the progression of a chronic condition.

Enteral feeding product companies have started offering a broad portfolio of ready-to-use oral nutritional supplements, tube feeds, and powder products in recent times. Rapid technological advancements that help offer texture-modified products to meet the individual needs of different patients related to portable pumps, disposable sets, stationary pumps, and accessories for enhanced accuracy, portability, and cost-effectiveness are expected to be high-impact rendering drivers for this market.

In September 2018, the U.S. FDA issued a letter to enteral feeding device manufacturers, healthcare professionals, distributors, and the department of purchasing in hospitals with the subject line—The FDA Encourages Use of Enteral Device Connectors that Reduce Risk of Misconnection and Patient Injury. This indicates increasing intervention by governing bodies to boost usage by healthcare professionals. Therefore, it is expected to drive market growth over the forecast period.

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Enteral Feeding Devices Market Report Highlights

  • Based on products, enteral feeding pumps dominated the market in 2023 with a 50.8% share. Enteral feeding is common across pediatric and adult populations diagnosed with chronic diseases to increase nutritional intake & prevent malnutrition
  • Based on age group, the adult segment dominated the market in 2023 with a 91.3% share. Growing demand for enteral nutrition formulations in the adult population is one of the crucial factors anticipated to boost the market in the coming years
  • Cancer weakens immunity and leads to loss of energy, which results in malnutrition in 40-80% of the cases. This affects the response to treatment as well as increases treatment-related toxicity. Hence, to maintain nutrition and positive nitrogen balance in the body, tube feeding is used
  • Based on end-use, the hospitals segment held the largest market share of 58.6% in 2023 owing to the rising prevalence of cancer across the globe
  • In May 2023, Vonco Products, LLC announced the FDA approval of its Enteral Feeding Solution. It is a closed-loop enteral feeding system, seamless, EnteraLoc Flow integrates a spill-proof pouch, tube, direct-connect ENFit device, and wholesome food selections into one comprehensive feeding system

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

Enteral Feeding Devices Market Segmentation

Grand view research has segmented the global enteral feeding devices market based on product, age group, indication, end-use, and region:

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

  • Giving Set
  • Enteral Feeding Pump
  • Percutaneous Endoscopic Gastrostomy Device
  • Low Profile Gastrostomy Device
  • Nasogastric Tube
  • Gastrostomy Tube

Enteral Feeding Devices Age Group Outlook (Revenue, USD Million, 2018 - 2030)

  • Adults 
  • Pediatrics

Enteral Feeding Devices Indication Outlook (Revenue, USD Million, 2018 - 2030)

  • Alzheimer’s
  • Nutrition Deficiency
  • Cancer Care
  • Diabetes
  • Chronic Kidney Diseases
  • Orphan Diseases
  • Dysphagia
  • Pain Management
  • Malabsorption/GI Disorder/Diarrhea
  • Others

Enteral Feeding Devices End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Hospitals
    • Cardiology
    • Neurology
    • Critical Care (ICU)
    • Oncology
    • Others
  • Home Care

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

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

List of Key Players in the Enteral Feeding Devices Market

  • Conmed Corporation
  • R.Bard
  • Cook Medical
  • Boston Scientific Corporation
  • Moog Inc.
  • Fresenius Kabi AG
  • Danone Medical Nutrition
  • Kimberly-Clark
  • Abbott Nutrition
  • B Braun Melsungen AG
  • Avanos Medical, Inc.
  • Cardinal Health
  • Applied Medical Technology, Inc.
  • Vygon India
  • Fidmi Medical
  • ALCOR Scientific
  • Amsino International, Inc.

About Grand View Research

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

Wednesday, 20 December 2023

Breast Imaging Market Will See Strong Expansion Through 2030: Grand View Research Inc.

 Breast Imaging Market Growth & Trends

The global breast imaging market size is anticipated to reach USD 9.0 billion by 2030, registering a CAGR of 8.6% according to a new report by Grand View Research, Inc. The market growth mainly owes to the increase in the number of women suffering from breast cancer. For instance, according to Robert Koch Institute, the annual incidence of breast cancer in Germany was estimated to be approximately 72,000, with breast cancer being the most prevalent cancer in women. Moreover, as per a similar source, based on the incidence rate, one in eight women is expected to suffer from breast cancer once in a lifetime. Thus, impelling the market over the forecast period.

Furthermore, the rising initiatives by various governments and NGOs to raise awareness about early diagnosis of breast cancer are anticipated to increase the demand for breast imaging. For instance, Pink Initiative, form Breast Cancer India is an online initiative program in which the program covers important topics such as early detection of breast cancer, and familial breast cancer, through their YouTube channel. Similarly, a joint initiative between Australian & state territory governments, ‘BreastScreen Australia’ is aimed at reducing deaths & illness from breast cancer by early detecting cancer. In this program, women aged 40 and above can have a free mammogram every 2 years. This is expected to increase awareness, and increase the demand for breast imaging, thereby, propelling the market growth.

Major manufacturers are introducing new products and increasing the number of approved products, which is further expected to impel the demand in the coming years. For instance, in March 2018, The MAMMOMAT Revelation platform, from Siemens Healthineers, for enhanced mammography has been approved by the U.S. FDA. To target afflicted areas with only one click, this platform combines a new InSpect specimen imaging tool and new HD Breast Biopsy technology. In addition, the use of artificial intelligence (AI) in breast imaging has reduced the time required while maintaining image quality. Such product developments are expected to propel market growth.

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Breast Imaging Market Report Highlights

  • The ionizing segment dominated the technology segment in 2022 owing to the introduction of new ionizing technology-based breast imaging technologies.
  • Hospitals dominated the end-use segment in 2022 due to the presence of advanced and well-equipped breast imaging facilities.
  • In 2022, North America dominated the breast imaging market with a market share of 37.87% 2022. This can be accredited to the rising number of breast cancer cases in this region.
  • Asia Pacific is projected to impel at the fastest growth rate of CAGR 9.5% during the forecast duration. Increased prevalence of breast cancer, high R&D investments in breast cancer therapies, and developments in breast imaging modalities are the primary drivers driving the growth of the market.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-breast-imaging-equipment

Breast Imaging Market Segmentation

Grand View Research has segmented the global breast imaging market based on technology, end-use, and region:

Breast Imaging Technology Outlook (Revenue, USD Million; 2018 - 2030)

  • Ionizing
    • Full-field Digital Mammography
    • Analog Mammography
    • Positron Emission Mammography
    • Electric Impedance Tomography
    • Cone-Beam Computed Tomography
    • Positron Emission Tomography & Computed Tomography
    • 3D Breast Tomosynthesis
    • MBI/BSGI
  • Non-ionizing
    • MRI
    • Thermography
    • Ultrasound
    • Optical Imaging
    • Automated Whole-breast Ultrasound

Breast Imaging End-use Outlook (Revenue, USD Million; 2018 - 2030)

  • Hospitals
  • Breast Care Centers
  • Diagnostic Imaging Centers

Breast Imaging Regional Outlook (Revenue, USD Million; 2018 - 2030)

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

List Of Key Players in the Breast Imaging Market

  • GE Healthcare,
  • Hologic, Inc.,
  • Philips Healthcare
  • Gamma Medica, Inc.
  • Siemens Healthcare
  • Fujifilm Holdings Corp.
  • SonoCine, Inc.,
  • Toshiba Corporation,
  • Dilon Technologies, Inc.,
  • Aurora Imaging Technology, 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.

Fetal Monitoring Equipment Market is Thriving $6.16 Billion Revenue by 2030: Grand View Research Inc.

  Fetal Monitoring Equipment Market Growth & Trends The global  fetal monitoring equipment market  size is anticipated to reach USD 6.16...