Golf Tourism Market to Expand with Significant CAGR During 2022 – 2030: Grand View Research Inc.

 Golf Tourism Market Growth & Trends

The global golf tourism market size is expected to reach USD 41.87 billion by 2030, registering a CAGR of 7.6% over the forecast period, according to a new report by Grand View Research, Inc. The growth of the global market is mainly driven by a rise in the number of franchise games and increasing government involvement to develop suitable infrastructure. For instance, in August 2022, Gauntlet Golf Club received USD 8,804 from the County American Rescue Plan Act Sports Marketing Incentive Program. The amount has been received as a part of a USD 1.45 million COVID-19 Revitalization Project spearheaded by the Virginia Tourism Corporation (VTC) to attract new competitive sporting events and spur economic activity and travel across Virginia. In addition, a large number of tour operators and agents are introducing interesting golf tourism packages surrounding major sporting events and tournaments across the globe.

This is expected to have a positive impact on the global industry. Golf tourism has emerged as one of the highest growing sectors of the tourism industry across the globe generating high revenue for tour operators and economies. Moreover, in countries like Russia, the U.K., Germany, India, China, the U.S., Spain, and Canada, sports are utilized to promote tourism. Numerous visitors that go to various locations across the globe to take part in and watch sporting events are catered to by sports tourism. In addition, domestic and international tourists spend money on lodging, transportation, food & beverages, and other luxuries. Furthermore, as the number of golf events & tournaments increases and governments & sports authorities’ focus on promoting sports tourism across key countries rises, the global market is expected to witness promising growth in the coming years.

The COVID-19 pandemic has had a significant influence on several sectors and businesses. The pandemic posed several challenges for all businesses operating in the industry. The COVID-19 pandemic had a significant influence on the world market, and tour operators witnessed a financial downturn. According to the statistics published by the World Travel & Tourism Council (WTTC), travel and tourism GDP contribution declined by 50.4% (USD 4.9 trillion) in 2020. In the post-pandemic environment, the global market is anticipated to receive a boost from the ongoing move toward golf tourism and various initiatives taken by sports organizations and key companies to promote sports tourism. The Asia Pacific region is expected to showcase the fastest CAGR over the forecast years backed by the rising number of staging the largest tournaments for golfers.

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Golf Tourism Market Report Highlights

• International tourism is expected to witness strong growth in the coming years due to the rising number of golf tournaments and activities taking place across the globe
• In addition, government associations and key tour operators are developing business expansion strategies resulting in increased growth of the international golf tourism sector
• North America led the industry with the U.S. and Canada capturing major shares. The growth is mainly driven by the presence of well-developed economies, the availability of several golf courses, and the widespread coverage of sports across the region
• Southeast Asian countries, such as Thailand, Malaysia, and Singapore, are poised to become top golfing destinations in the coming years. Golf tourism in Singapore and Malaysia is highly attractive for international golfers
• According to the World Travel Market Global Trends Report, cross-industry partnerships and cooperation is playing an important role in boosting the regional market and tour operators have value-add packages and incentives offering unlimited golf rounds to attract golfers from India, Japan, and across the globe

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Golf Tourism Market Segmentation

Grand View Research has segmented the global golf tourism market on the basis of application and region:

Golf Tourism Application Outlook (Revenue, USD Billion, 2017 - 2030)

• Domestic
• International

Golf Tourism Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List of Key Players of Golf Tourism Market

• Golfasian Co., Ltd.
• Premier Golf Tours
• The Haversham and Baker Co.
• PerryGolf
• Carr Golf
• Celtic Golf
• SGH Golf
• Golfbreaks Ltd.
• Golf Tours International
• travelOsports

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.

Construction Estimating Software Market Set to Record Exponential Growth by 2030: Grand View Research Inc.

 Construction Estimating Software Market Growth & Trends

The global construction estimating software market size is estimated to reach USD 2.62 billion by 2030, registering a CAGR of 8.9% from 2023 to 2030, according to a recent report from Grand View Research, Inc. The growth of the construction estimating software industry can be attributed to the advances in Artificial Intelligence (AI), cloud computing, and Business Information Modeling (BIM), among other factors. Several vendors have introduced innovative construction estimating tools designed to help reduce the time for completing construction projects. For instance, in September 2022, Autodesk Inc. announced a range of new capabilities within Autodesk Construction Cloud to simplify the utilization of BIM for construction project teams by facilitating the seamless integration of BIM throughout the entire project lifecycle, from in-office planning to on-site execution.

Such initiatives being pursued by the market players bode well for the growth of the market. The emergence of advanced construction technologies and the rising internet penetration are propelling the adoption of digital technologies in the construction sector. Construction companies focus on digitizing their overall operations to reduce workforce costs and manual errors in the system, creating robust market opportunities. The integration of cloud technology enables construction teams to remotely manage their construction estimate software and utilize it for cost estimation through the Internet. Various government initiatives to establish digital infrastructure are promoting the adoption of construction estimating software. Various government-authorized organizations are developing software to prepare cost structures for different construction and infrastructure development projects.

For instance, in June 2022, the Public Works Department (PWD) of India announced the launch of construction and project estimator software to calculate the funds required to commence the project and strengthen transparency in the system. The market allows estimators to access cost databases for construction-related tax calculations, labor wages, and other material costs, as well as track the project budget. Moreover, various market players integrate cover letters and templates into their software systems for making general cost reports and proposals and improving industry statistics. Various general contractors are adopting construction estimating software for their preconstruction work. Market players are adopting various business strategies to reduce the costs of construction estimating software. They focus on understanding the exact client requirements and accordingly design the software to control other excess costs incurred for obsolete features.

Evolving digital threats, such as Distributed Denial of Service (DDoS), phishing, Trojans, ransomware, and viruses, pose a negative impact on the growth of the construction estimating software industry. These threats can alter the construction estimating software and gain access to the data available in the system. Cloud-deployed software is vulnerable to digital threats as the software data is stored on virtual disk drives. The stolen data from these virtual drives can be used for illegal activities, which may incur significant financial losses to the market players and affect their brand identity. Countries, such as India, the U.S., China, Australia, the UK, and South Africa, have introduced regulatory compliances for cloud-based construction estimating software to protect user data from manipulation and theft. Market players must adhere to these digital regulatory compliances introduced in 2020. Such initiatives are anticipated to create a positive outlook for the construction estimating software industry.

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Construction Estimating Software Market Report Highlights

• Based on the software license, the subscription segment is expected to register the highest CAGR of 10.0% over the forecast period.A subscription-based license model allows construction companies to increase customer engagement, and subsequently, augment their sales by providing efficient services to their customers
• Based on deployment, the cloud segment is expected to register the highest CAGR of 10.5% over the forecast period. The adoption of cloud-based construction estimating software is gaining traction as construction companies prefer cloud-based construction management solutions that help them streamline various construction processes by guaranteeing flexibility, scalability, and accessibility
• Based on the enterprise size, the small & medium enterprise segment is expected to register the highest CAGR of 10.2% over the forecast period. Small and medium-sized construction companies are also adopting construction estimating solutions to manage resources and augment output efficiency
• Based on end-use, the contractors segment is expected to register the highest CAGR of 9.9% over the forecast period. Contractors are employing construction estimating software to manage tools for accounting, estimating, scheduling, project management, equipment management, and payroll management, among other tasks
• Asia Pacific is expected to register the highest CAGR of 10.0% over the forecast period.Countries in this region are experiencing a surge in construction activity due to urbanization, population growth, and infrastructure development projects

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Construction Estimating Software Market Segmentation

Grand View Research has segmented the global construction estimating software market based on software license, deployment, enterprise size, end-use, and region:

Construction Estimating Software License Outlook (Revenue, USD Billion, 2018 - 2030)

• Perpetual License
• Subscription License
• Others

Construction Estimating Software Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

• Cloud
• On-premise

Construction Estimating Software Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)

• Small and Medium Enterprises
• Large Enterprises

Construction Estimating Software End-use Outlook (Revenue, USD Billion, 2018 - 2030)

• Architects & Builders
• Construction Managers
• Contractors
• Others

Construction Estimating Software Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Construction Estimating Software Market

• Autodesk Inc.
• AppliCad Public Company Limited
• Bluebeam Software Inc.
• Corecon Technologies, Inc.
• esti-mate
• ETAKEOFF, LLC
• Glodon Company Limited
• Microsoft Corporation
• PrioSoft Construction Software
• PlanSwift Software
• RIB Software SE
• Sage Group plc
• STACK Construction Technologies
• Trimble 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.

Endometriosis Treatment Market Is Projected To Reach Approximately $3.2 Billion By 2030: Grand View Research Inc.

 Endometriosis Treatment Market Growth & Trends

The global endometriosis treatment market size is expected to reach USD 3.2 billion by 2030, according to a new report by Grand View Research, Inc. The market is exected to expand at a CAGR of 13.5% from 2023 to 2030. The market growth is attributed to the presence of a late-stage robust product pipeline, the global upsurge in cases, and several initiatives undertaken by the government and key players at national and international levels to raise disease awareness.

The growing research and development for new treatment options in space is expected to offer a lucrative opportunity for market growth in the coming years. The launch of Myovant / Pfizer’s Relugolix combination tablet, ObsEva’s Yselty (linzagolix), and Ferring Pharmaceuticals / Novartis’ Quinagolide are among prominent drug launches in this space that are anticipated to fuel the market growth.

Rising demand for endometriosis treatment is attributed to increasing disease burden and delay in diagnosis, worsening the disease condition. In March 2021, as per WHO, approximately 10% of female reproductive population is affected by the disease worldwide. According to the article, “Impact of Endometriosis Diagnostic Delays on Healthcare Resource Utilization and Costs”, a delay of three or more years in diagnosis from developing first symptom leads to increase in symptom burden and increase in healthcare cost by 50% compared with patients who were diagnosed earlier after symptom onset.

WHO, national governments, and private organizations are strategically involved in spreading awareness and educating people about endometriosis and its treatment, thereby supporting market growth. For instance, in March 2022, the Endometriosis Foundation of America hosted four weekends of the virtual program featuring patients and physicians, helping to connect endometriosis warriors and share their experiences with the disease. Moreover, in March 2022, Endometriosis U.K. also launched an eight-point action plan during the ‘Endometriosis Action Month’.

Furthermore, key players are undertaking strategic initiatives such as mergers and acquisitions, collaborations, financial investments, and geographical expansion fueling the endometriosis treatment market. For instance, in November 2021, Organon and Co. announced to acquire Forendo Pharma, which will support Forendo’s development of novel drugs in endometriosis like OR-6219, a phase 2 clinical candidate.

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Endometriosis Treatment Market Report Highlights

• By treatment type, the hormone therapy segment accounted for the largest share of the market in 2022 due to the high prescription rate of these drugs by physicians
• Gonadotropin-releasing hormone (GnRH) segment dominated the drug class segment in 2022 due to the high efficacy of GnRH agonists and GnRH antagonists and the increased availability of these products in the market
• In 2022, oral segment dominated the market with a 48.46% share by route of administration. It is the most common & convenient route of delivery for the majority of products in this space
• In 2022, retail pharmacy segment dominatedthe market by distribution channel. Moreover, hospital pharmacy is expected to demonstrate moderate growth
• North America dominated the global market in 2021 owing to increased disease incidence and high awareness among people and healthcare professionals about the condition therapies

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Endometriosis Treatment Market Segmentation

Grand View Research has segmented the global endometriosis treatment market based on, treatment type, drug class, route of administration, distribution channel, and region:

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

• Pain Medication
• Hormone Therapy

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

• NSAIDs
• Oral Contraceptive
• Gonadotropin Releasing Hormone
• Others

Endometriosis Treatment Route Of Administration Outlook (Revenue, USD Million, 2018 - 2030)

• Oral
• Injectable
• Others

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

• Hospital Pharmacy
• Retail Pharmacy
• Others

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

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

List of Key Players of Endometriosis Treatment Market

• Bayer AG
• Pfizer, Inc.
• AbbVie, Inc
• AstraZeneca
• ObsEva SA
• Teva Pharmaceutical Industries
• Zydus Healthcare Limited
• Eli Lilly and Company
• Astellas Pharma 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.

Carbon Capture And Storage Market Predicted to Witness Steady Growth During the Forecast Period

 Carbon Capture And Storage Market Growth & Trends

The global carbon capture and storage market size is expected to reach USD 5.61 billion by 2030, expanding at a CAGR of 7.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. This growth is attributed to the presence of favorable government policies and funding initiatives in the European Union (EU).

Increasing concerns regarding the detrimental effect of carbon emissions on the environment have prompted the adoption of carbon capture and storage technology. Various governments are encouraging the implementation of CCS technology through pilot projects across various industries. This is attributed to the ability of carbon capture and storage technology to serve as a large-scale solution for achieving high CO2 emission reduction targets and climate control goals.

The European Union emerged as a global leader by developing CCS as a part of its energy and climate policy to meet the 80%-95% emission reduction target by 2050. Various policies and funding programs favoring the development of more efficient and cost-effective CCS technologies are primarily driving the market in the region.

The increasing use of carbon dioxide in enhanced oil recovery (EOR) applications is fueling the demand for carbon capture and storage across the globe over the forecast period. However, the high cost of carbon capture and storage technology may not prove to be a viable solution for many industry players as well as countries globally. Therefore, the high cost of CCS is expected to restrain the growth of the CCS market in the near future.

The industry players are adopting several strategies including partnerships, new product launches, expansions, mergers & acquisitions, joint ventures, and partnership agreements to increase the customer base and individual market share. For instance, in June 2023, Technip Energies N.V. announced the launch of CaptureNow which is a platform that brings all the carbon capture, storage, and utilization technologies under one platform.

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Carbon Capture And Storage Market Report Highlights

• Based on technology, the pre-combustion segment dominated the market with a revenue share of over 69.0% in 2022 owing to its wide application and the production of clean energy such as e-fuels and blue hydrogen
• Based on application, the power generation segment accounted for the highest market share of over 68.0% in 2022 due to imposed restrictions on power plants, the utilization of CCS facilities has become mandatory to reduce carbon emissions up to the required standards
• Europe is expected to grow at the fastest CAGR of 8.9% over the forecast period owing to several favorable government policies in the region promoting the use of CCS technology. For instance, in March 2023, the European Union launched the Net Zero Industry Act that proposes an injection target for carbon dioxide annually of 50 Mt CO2 for 2030, thus promoting the adoption of CCS technology in the region

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Carbon Capture And Storage Market Segmentation

Grand View Research has segmented the global carbon capture and storage market based on technology, application, and region:

Carbon Capture And Storage Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2018 - 2030)

• Post-combustion
• Industrial Process
• Pre-combustion
• Oxy-combustion

Carbon Capture And Storage Application Outlook (Volume, Million Tons; Revenue, USD Million, 2018 - 2030)

• Power Generation
• Oil & Gas
• Metal Production
• Cement
• Others

Carbon Capture And Storage Regional Outlook (Volume, Million Tons; Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Carbon Capture And Storage Market

• Shell PLC
• Aker Solutions
• Equinor ASA
• Dakota Gasification Company
• Linde plc
• Siemens Energy
• Fluor Corporation
• Sulzer Ltd.
• Mitsubishi Heavy Industries Ltd. (MHI)
• Japan CCS Co. Ltd

About Grand View Research

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

Chemical Peel Market to Reflect Robust Expansion During 2022-2030: Grand View Research Inc.

 Chemical Peel Market Growth & Trends

The global chemical peel market size is expected to reach USD 2.89 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.5% from 2022 to 2030. As people are becoming more conscious about their skin and looks and looking for methods to get smooth flawless skin by getting rid of skin problems, the chemical peel has been their common choice as it is less painful and quick.

Increasing awareness among the masses about their skin and its problems like acne, dark spots, wrinkles, fine lines, and dark circles has led to an increase in the demand for a chemical peel treatment. People want to treat their skin with something that can provide them with quick results and minimum pain and the chemical peel fits best for them. It does not require injecting any syringes into the skin thus is done with minimal pain and within a few hours.

During the COVID-19 period, the global cosmetic products market witnessed a decline in growth rate. Cosmetic manufacturers were forced to close their production units and there was a labor shortage owing to the imposition of lockdowns by various governments. In addition, many cosmetic stores and spas were forced to close to control the spread of the infection. According to the American Society of Plastic Surgeons, in 2020 there was a decline of around 33% in chemical peel procedures in the U.S.

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Chemical Peel Market Report Highlights

• The fruit peel segment accounted for 22.9% market share in 2021. It is an alpha hydroxy acid extracted from sugar cane, sugar beets, and fruits and is a mild peel used to treat aging and other skin problems. It dissolves the ‘cement’ when applied to the skin, which helps in holding superficial cells in the skin’s uppermost layer thus, helping it to exfoliate
• Retinol peel helps to neutralize free radicals which help to increase the production of collagen and elastin which creates a plumping effect, as a result, reducing the appearance of wrinkles
• The superficial peel segment accounted for the largest market share of 62.1% in 2021. This is due to the high adoption of light peel among consumers
• The acne spot segment accounted for the largest market share of around 25.0% in 2021. A superficial or light peel is highly effective for acne spots
• Among the end-use segments, med spas are expected to register the fastest growth of 6.2% over the forecast period. An increasing number of medical spas and consumers’ growing awareness regarding aesthetics and looks are driving the segment growth
• North America dominated the market in terms of regional share of around 40% in 2021. People face several skin problems with skin cancer being the most common followed by rosacea, psoriasis, and acne being the fourth most common skin problem
• Asia Pacific is expected to witness the fastest CAGR of over 6.4% during the forecast period. Aging is a most common issue in countries with rapidly greying populations like Japan, China, and South Korea thus becoming a major reason for attracting companies offering anti-aging products
• Europe chemical peel industry is anticipated to expand at a CAGR of 6.1% from 2022 - 2030. Acne is the fourth largest skin problem faced by Europeans followed by other problems such as scars, hyperpigmentation, fine lines, and wrinkles

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Chemical Peel Market Segmentation

Grand View Research has segmented the global chemical peel market based on type, product, end-use, application, and region

Chemical Peel Type Outlook (Revenue, USD Million, 2017 - 2030)

• Superficial or Light Peel
• Medium Peel
• Deep or Phenol Peel

Chemical Peel Application Outlook (Revenue, USD Million, 2017 - 2030)

• Acne Spots
• Wrinkles
• Fine Lines
• Hyperpigmentation
• Scars
• Dark Circles
• Skin Brightening
• Others

Chemical Peel Product Outlook (Revenue, USD Million, 2017 - 2030)

• Lactic Peel
• Fruit Peel
• Salicylic Acid Peel
• Pigment Balancing Peel
• Trichloroacetic Acid Peel
• Vitalize Peel

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

• Hospitals
• Med Spa
• Dermatology Clinics
• Others

Chemical Peel Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Chemical Peel Market

• IMAGE Skincare
• Dermalogica
• Johnson & Johnson Private Limited
• Bausch Health Companies Inc.
• Renee Rouleau
• L’Oréal

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.

Modular Data Center Market Latest Innovations, Drivers and Industry Key Events 2022 – 2030: Grand View Research Inc.

 Modular Data Center Market Growth & Trends

The global modular data center market size is anticipated to reach USD 75.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 17.2% from 2022 to 2030. The demand for modular data centers is expected to grow owing to growing digital transformation, increasing demand for data analytics, and expansion of edge computing. The COVID-19 pandemic had a positive impact on the modular data center market. Demand for businesses that rely on digital infrastructure increased, which led to significant growth in demand for data center network services in many industries. For instance, India is one of the fastest-growing digital economies in the world.

The pandemic forced a majority of the workforce to work remotely, which resulted in a growing number of companies investing in IT services. The need for data centers has increased over the past few years as a result of this expanding digitization. The need for scaling up the storage and data processing requirements have been brought to light by the increased data consumption during the lockdown. India's developing digital ecosystem is fueled by its more than 700 million internet users, and more than 1 billion mobile phone users, increasing social media participation, and a tremendous surge in digital entertainment, which have consequently led to an increased demand for data centers in India.

Governments are increasingly placing a strong emphasis on new technology applications and energy efficiency metrics when building data centers. On the other hand, modular data centers’ good performance in terms of energy consumption and the advantages in terms of construction, planning, and required space are consistent with governmental policy. Another benefit of a modular data center is its effectiveness at cooling; according to statistics from Building Industry Consulting Service International (BICSI), these facilities use 40% less energy than a standard data center. The Power Usage Effectiveness (PUE) of these kinds of data centers is consistently cited in the lower ranges of this measure as a result of lower power consumption.

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Modular Data Center Market Report Highlights

• In terms of components, the solutions segment accounted for the maximum revenue share of 80.9% in 2021. This can be attributed to the shorter time to completion, reduced costs, and easier-to-install modular data center solutions. The services segment is likely to expand at the highest CAGR of 18.2% over the forecast period. This can be attributed to the increasing demand for data center infrastructure upgradation
• Based on organization size, the large enterprises segment dominated the market with a share of 62.5% in 2021. This can be attributed to the increasing upgradation of IT infrastructure by large enterprises. The small & medium enterprises segment is likely to expand at the highest CAGR of 17.8% over the forecast period owing to a rise in demand for IT-related analytics
• Based on industry vertical, the IT & Telecom segment dominated the market with a share of 29.8% in 2021 and is expected to witness a CAGR of 16.0% over the forecast period. This can be attributed to the growing digital transformation
• The healthcare segment is expected to witness the highest CAGR of 18.6% over the forecast period. In the healthcare sector, there is an unheard-of need for patient care capacity, power dependability, and connectivity. Prefabricated modular data centers, which are self-contained enclosures that hold IT capability in large, medium, and small amounts, along with all the necessary power and cooling infrastructure, is one solution that satisfies these three crucial hospital requirements
• North America held the largest revenue share of 40.6% in 2021 and is expected to retain its position over the forecast period. This can be attributed to the presence of prominent market players in the region. Moreover, developed technology and data center infrastructure is aiding the market growth of the region. Asia Pacific region is anticipated to expand at the highest CAGR of 18.5% over the forecast period owing to developing technology infrastructure and favorable government policies
• In September 2022, Vertiv launched modular data center infrastructure services and prefabricated modular data centers in India. Vertiv’s prefabricated modular data centers in India offer its customers and partners custom-made solutions to optimize efficiency, scalability, and flexibility

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Modular Data Center Market Segmentation

Grand View Research has segmented the global modular data center market based on component, organization size, industry vertical, and region:

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

• Solutions
  • All-in-one Module
  • Individual Module
    • IT
    • Power
    • Cooling
  • Services
    • Design And Consulting
    • Integration And Deployment
    • Maintenance & Support

Organization Size Outlook (Revenue, USD Million, 2017 - 2030)

• Large Enterprises
• Small & Medium Enterprises

Industry Vertical Outlook (Revenue, USD Million, 2017 - 2030)

• BFSI
• IT & Telecom
• Government & Defense
• Media & Entertainment
• Healthcare
• Retail
• Others

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

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

List of Key Players in the Modular Data Center Market

• Dell Inc.
• Hewlett Packard Enterprise Development LP
• Huawei Technologies Co., Ltd.
• Vertiv Group Corp.
• Eaton
• Schneider Electric
• Baselayer Technology, LLC.
• Rittal GmbH & Co. KG
• Cannon Technologies Ltd
• PCX Holding 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.

Large Molecule Drug Substance CDMO Market Latest Innovations, Drivers and Industry Key Events by 2030: Grand View Research Inc.

Large Molecule Drug Substance CDMO Market Growth & Trends

The global large molecule drug substance CDMO market size is expected to reach USD 22.1 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 9.3% from 2023 to 2030. Rising incidence of infectious diseases and high demand for novel therapeutics are the key factors driving the market.

Contract manufacturing is one of the major steps in large molecule production and accounts for a sizable portion of the large molecule drug substance market. The mode of manufacturing is an important factor to consider because it represents the sector's outsourcing and in-house activities. Companies are now choosing to outsource services due to high costs and delays in time. This has resulted in a greater proportion of large molecules being outsourced by the firms. A contract development and manufacturing organization (CDMO) is a company that provides a comprehensive range of services to the pharmaceutical industry from drug development to manufacturing. CDMOs provide critical services by incorporating third-party projects and offering their knowledge, development, and manufacturing capabilities.

Large Molecule Drug Substance CDMO Market Report Scope

Report Attribute	Details
Market Size value in 2023	USD 11.9 billion
Revenue forecast in 2030	USD 22.1 billion
Growth rate	CAGR of 9.3% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 - 2021
Forecast period	2023 - 2030

Prior to the COVID-19 pandemic, large molecule drug investment was increasing as it offers a plethora of new treatment options. The valuation of biologics became clearer during the race to develop therapeutics and vaccines against the SARS-CoV-2 virus. The demand for both high-volume and high-quality CGMP drug substance and drug product manufacturing services has risen dramatically, particularly for CDMOs capable of providing a wide range of COVID vaccine technologies and, to a lesser extent, therapeutic monoclonal antibody products.

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Large Molecule Drug Substance CDMO Market Report Highlights

• The contract manufacturing service segment dominated the market with a revenue share of over 65.0% in 2022
• Based on source, the mammalian segment accounted for the largest share of over 55.0% in 2022. This category will expand as more complex biologics, such as bi- and tri-specific antibodies, and antibody–drug conjugates are evolved
• Based on end-user, the biotech companies segment accounted for the largest share of over 40.0% in 2022. Rising R&D investment by the firms for large molecules drives the market
• Asia Pacific is projected to register the fastest CAGR of 10.4% during the forecast period. The large patient base, lower overall costs, skilled workforce, and changes in the regulatory scenario are the key factors driving the market

Access Press Release@ https://www.grandviewresearch.com/press-release/global-large-molecule-drug-substance-cdmo-market

Large Molecule Drug Substance CDMO Market Segmentation

Grand View Research has segmented the global large molecule drug substance CDMO market on the basis of service, source, end-user, and region:

Large Molecule Drug Substance CDMO Service Outlook (Revenue, USD Million, 2018 - 2030)

• Contract Manufacturing
  • Clinical
  • Commercial
• Contract Development
  • Cell Line Development
  • Process Development

Large Molecule Drug Substance CDMO Source Outlook (Revenue, USD Million, 2018 - 2030)

• Mammalian
• Microbial
• Others

Large Molecule Drug Substance CDMO End-user Outlook (Revenue, USD Million, 2018 - 2030)

• Biotech Companies
• CRO
• Others

Large Molecule Drug Substance CDMO Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Large Molecule Drug Substance CDMO Market

• Eurofins Scientific 
• WuXi Biologics
• Samsung Biologics
• Catalent, Inc.
• Rentschler Biopharma SE
• AGC Biologics
• Recipharm AB
• Siegfried Holding AG
• Boehringer Ingelheim
• FUJIFILM Diosynth Biotechnologies

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.

Flow Cytometry Market Expected To Propel Industry Growth By 2030: Grand View Research Inc.

 Flow Cytometry Market Growth & Trends

The global flow cytometry market size is expected to reach USD 7,531.2 million by 2030, registering a CAGR of 7.17% over the forecast period, according to a new report by Grand View Research, Inc. Technological advancements in the technique are introducing new and improved analytical tools, which include the development of microfluidic flow cytometry for Point-of-Care (PoC) testing. Furthermore, the rising prevalence of cancer, immunodeficiency disorders, and infectious diseases is driving the industry. In addition, increasing R&D investments in biopharmaceutical, life science, and biotechnology research activities have led to high demand for flow cytometry instruments. In recent years, a key focus has been on the development of portable microfluidic flow cytometry devices for PoC testing.

Microfluidics and flow cytometry together make a useful tool to measure multiple characteristics of biological samples. For instance, the easy availability of several microfluidics and miniaturized detectors have enabled the creation of microchip-based cytometers, such as optofluidic cytometer, imaging cytometer, and impedance cytometer. The development of microfluidic flow cytometry devices, which are cost-effective, portable, and compact, is beneficial. They are affordable in developing economies, such as Asia & Africa, and are enabling rapid growth in PoC testing applications. Furthermore, improvements in fluorescent dyes and the increasing utility of benchtop cytometers for academic research settings are expected to drive the industry.

Developments in multicolor flow cytometry are accelerating the adoption of the technique in novel drug development activities. For instance, in January 2020, DxFLEX, CE-IVD, a 13-colour clinical flow cytometry system was launched by Beckman Coulter Life Sciences in Europe. Similarly, easy cellular analysis by simultaneous evaluation of several parameters allows extensive use of such devices for contract research purposes. The COVID-19 pandemic also spurred innovations in the technique, as evidenced by the launch of new products in this domain. For instance, in July 2021, Metropolis Healthcare Ltd. launched CoviRisk–TBNK, a simple blood test to detect the risk status of a COVID-19 hospitalized patient.

It helps analyze patients’ need for ICU facilities or ventilation and aids in the reduction of stress on healthcare resources. The test is a flow cytometry-based lymphocyte subset assay and is IVD-approved. Such innovations are anticipated to fuel industry growth in the near future. Moreover, flow cytometry is a significant tool in listing and characterizing immune cells, and is also helpful in recognizing and validating underlying genetic defects. The technique is also used to observe and monitor the immune response of patients after stem cell transplantation, and hence, organ transplantation plays an important role in boosting industry growth. According to the WHO, around 50,000 stem cell transplantations are performed globally every year, and this number is expected to grow in the near future, broadening the scope of applications for the technique.

On the other hand, instruments are highly expensive, and hence, buyers in several developing countries may not be able to afford technologically advanced flow cytometry equipment. These instruments may cost over USD 100,000 and pose significant budgetary constraints for small- & mid-sized hospitals and clinical laboratories. However, some manufacturers, such as Sony, are trying to launch newer instruments using software to automate a number of processes. Such developments would not only improve the usability of the technique but also help bring down the average instrumentation cost–under USD 100,000–in the near future.

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Flow Cytometry Market Report Highlights

• The instrument product segment held the largest share in 2022 due to technical advancements, as well as increased prevalence of chronic conditions
• Thecell-based flow cytometry technology dominated the industry in 2022 due to the high demand for early diagnosis and rising awareness about the associated benefits of cell-based assays
• By application, the clinical segment accounted for the largest revenue share in 2022 owing to increased activities pertaining to infectious diseases, such as influenza, HIV, and COVID-19, among others
• The academic institutes end-user segment led the market in 2022 owing to increased R&D activities by academic institutes & research centers
• North America was the leading region in 2022 due to the high implementation of scientifically advanced flow cytometry solutions, high healthcare expenditure, and well-established healthcare infrastructure in the region
• Asia Pacific is expected to register the fastest CAGR from 2022 to 2030 owing to the extensive growth in the pharmaceutical and biotechnology industries in emerging economies, such as China and India

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

Flow Cytometry Market Segmentation

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

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

• Instruments
  • Cell Analyzers
  • Cell Sorters
• Reagents & Consumables
• Software
• Accessories
• Services

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

• Cell-based
• Bead-based

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

• Research
  • Pharmaceutical
    • Drug Discovery
    • Stem Cell
    • In Vitro Toxicity
  • Apoptosis
  • Cell Sorting
  • Cell Cycle Analysis
  • Immunology
  • Cell Viability
• Industrial
• Clinical
  • Cancer
  • Organ Transplantation
  • Immunodeficiency
  • Hematology

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

• Commercial Organizations
  • Biotechnology Companies
  • Pharmaceutical Companies
  • CROs
• Hospitals
• Academic Institutes
• Clinical Testing Labs

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

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

List of Key Players of Flow Cytometry Market

• Danaher Corp.
• Becton, Dickinson, and Company (BD)
• Sysmex Corp.
• Agilent Technologies, Inc.
• Apogee Flow Systems Ltd.
• Bio-Rad Laboratories, Inc.
• Thermo Fisher Scientific, Inc.
• Stratedigm, Inc.
• DiaSorin SpA
• Miltenyi Biotec
• Sony Biotechnology, 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.

Precipitated Calcium Carbonate Market Overview, Analysis And Forecast To 2030: Grand View Research Inc.

 Precipitated Calcium Carbonate Market Growth & Trends

The global precipitated calcium carbonate market size is expected to reach USD 2.88 billion by 2030, registering a CAGR of 4.7% over the forecast period, according to a new report by Grand View Research, Inc. The industry growth is majorly driven by the rising demand for precipitated calcium carbonate (PCC) in the personal care & cosmetics and pharmaceutical industries due to its small particle size and usage as a filler. The global pharmaceutical industry is greatly affecting the PCC market owing to its increasing usage in medicines and nutraceuticals. The increasing demand for nutraceuticals in the regions like North America, Asia Pacific, and Europe is driving the demand for PCC (1-5um). The nutraceutical market is growing rapidly in developing countries like India.

This is due to the increasing health awareness and disposable income levels in the region. Moreover, according to the Indian Ministry of Food Processing Industries, developed economies like the U.S., Japan, and Europe have captured around 90% of the nutraceutical market, thus, driving the demand for the product market. Moreover, PCC is used as a filler in the production of the majority of cosmetic products. In cosmetics products, it acts as a good absorbent and is used as an excessive oil remover from the skin. Colored cosmetics, such as foundation, blushers, and eye shadows, contain PCC as an active ingredient. As per the L’Oréal Annual Report 2021, the cosmetic industry grew from 4.20% to 8.0% from 2010-2021. The growing product demand in the cosmetics industry is estimated to drive the market.

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Precipitated Calcium Carbonate Market Report Highlights

• The global market growth is attributed to the rapid expansion of application industries, such as cosmetics, pharmaceuticals, and food, globally
• The pharmaceutical grade segment dominated the market in 2022 due to the high product demand as a key ingredient in dietary calcium products, ointments, and creams production
• According to the Indian Brand Equity Foundation (IBEF), drugs worth USD 24.60 billion manufactured in India were exported in the financial year 2022, which was USD 24.44 billion more than the drugs exported by the country in the financial year 2021
• Thus, the increasing production of PCC in emerging economies of Asia Pacific and the surging exports of drugs containing PCC from these countries to other parts of the world are expected to promote the market growth
• The food grade segment is expected to witness strong growth over the forecast period due to the fact that it is used as an additive in the food industry owing to its specific surface area and more chemical purity than grounded calcium carbonate
• Asia Pacific led the global industry in 2022 on account of the growing end-use industries, such as pharmaceutical, chemical, and cosmetics, in the region with India being the third-largest pharmaceuticals market in the world

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

Precipitated Calcium Carbonate Market Segmentation

Grand View Research has segmented the global precipitated calcium carbonate market on the basis of grade and region:

Precipitated Calcium Carbonate (PCC) Grade Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Food
• Pharmaceutical
• Reagent
• Cosmetic

Precipitated Calcium Carbonate (PCC) Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America
  • US.
• Europe
• Asia Pacific
  • Japan
  • Oceania

List of Key Players of Precipitated Calcium Carbonate Market

• Fujian Sanmu Nano Calcium Carbonate Co., Ltd.
• Guangdong Qiangda New Materials Technology Co.
• Minerals Technologies Inc.
• NanoMaterials Technology
• EZ Chemicals Inc.
• Nanoshel LLC
• GCCP Resources Ltd.
• Gulshan Polyols 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.