Anhydrous Hydrogen Fluoride Market Will See Strong Expansion Through 2030: Grand View Research Inc.

 Anhydrous Hydrogen Fluoride Market Growth & Trends

The global anhydrous hydrogen fluoride market is expected to reach USD 4706.43 million by 2030, registering a CAGR of 5.7% during the forecast period, as per the new report by Grand View Research, Inc. The growth is driven majorly by the burgeoning demand for fluorochemicals and fluorogases. Fluorine based chemicals further find application in consumer goods, agrochemicals, steel production, refrigeration applications, polymers, and pharmaceuticals.

Anhydrous hydrogen fluoride is an important raw material in the chemicals industry. It is used in the production of fluorine-containing compounds. Anhydrous hydrogen fluoride is used as an intermediate chemical for manufacturing fluorochemicals. The increasing demand for fluoropolymers and other fluorochemicals from end-use industries is driving market growth.

Fluorogases and fluorochemicals are used in the majority of consumer goods hence the demand from industrial applications is anticipated to be the main contributor, driven by positive steady growth in disposable incomes. Given that these gases are employed in a variety of industrial applications, such as air conditioning systems, commercial refrigeration, and industrial refrigeration, growth in the fluorogases is predicted to continue to be strong.

The demand for anhydrous hydrogen fluoride has increased due to the fact that it is a key component in the manufacture of many fluorine-containing chemicals. For the production of fluorochemicals, fluoropolymers, surfactants, etc., anhydrous hydrogen fluoride is used. These chemicals produced are widely used in automobiles, household utensils, etc.

An increase in fluorochemical production as a result of the sufficient availability of raw materials like fluorite is helping to support the market growth for anhydrous hydrogen fluoride. Anhydrous hydrogen fluoride producers are therefore moving and expanding their production plants globally.

The global demand for anhydrous hydrogen fluoride is rising as a result of the increasing demand for electric goods like air conditioners and refrigerators. The major players in the market engage in extensive research and development efforts to provide highly effective products in order to maintain their position in the industry.

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Anhydrous Hydrogen Fluoride Market Report Highlights

• Fluorogases application witnessed the highest growth rate of 6.0%, owing to its ability owing to numerous applications in end-use industries like consumer goods, and electronics
• Fluorogases are used in a variety of industrial applications, including blowing agents for foams, aerosol propellants, solvents, industrial & commercial refrigeration, air conditioning systems, and heat pump equipment
• In 2020, Arkema announced its plan to produce anhydrous hydrogen fluoride in partnership with American agricultural company, Nutrien Ltd. Arkema, under its long-term agreement with Nutrient Ltd., plans to source the element that is naturally available in phosphate from the company, thereby replacing the commonly used fluorspar as a raw material in the production of anhydrous hydrogen fluoride
• Asia Pacific region is expected to witness the highest growth rate of 6.4% during the forecast period, owing to the increasing requirement for anhydrous hydrogen fluoride from the consumer goods industry including the electronic industry and automobile industry in the region
• In Asia Pacific the regulations for the production and usage of fluorine-based chemicals are fragile which promotes the production and usage of anhydrous hydrogen fluoride by end-use industries leading to the rapid growth of the product market

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Anhydrous Hydrogen Fluoride Market Segmentation

Grand View Research has segmented the global anhydrous hydrogen fluoride market report based on the application, and region:

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

• Fluoropolymers
• Fluorogases
• Pesticides
• Others

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

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

List of Key Players in Anhydrous Hydrogen Fluoride Market 

• Honeywell International Inc.
• Solvay
• Linde plc
• Arkema
• Lanxess
• Navin Fluorine International Limited
• Fubao Group
• Foshan Nanhai Shuangfu Chemical Co., Ltd
• Foosung Co Ltd
• Fluorchemie Dohna GmbH
• Fluorsid S.p.A.
• Derivados del Fluor SA

About Grand View Research

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

Global Functional Mushroom Market to Reach Around USD 65.83 Billion by 2030: Grand View Research Inc.

 Functional Mushroom Market Growth & Trends

The global functional mushroom market size is anticipated to reach USD 65.83 billion by 2030, expanding at a CAGR of 11.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The industry is expanding due to the rising demand for functional mushrooms as superfoods in developed regions, such as Europe and North America. Furthermore, the global demand for natural or organic skincare products has been rapidly growing over the past several years mainly on account of increased customer awareness regarding the side effects of synthetic cosmetic products. Mushrooms are rich sources of vitamins, antioxidants, essential oils & oils, hydrocolloids, proteins, terpenoids, and other bioactive compounds.

These compounds exhibit antioxidant, anti-inflammatory, antiseptic, and antimicrobial properties. Thus, extracts or concentrates of mushrooms are widely utilized as ingredients to formulate topical creams, lotions, ointments, and serums. With the growing aging population across the globe, the demand for antiaging or anti-wrinkle creams is increasing significantly. Rising mushroom cultivation and production in the Asia Pacific is a major driver of the regional market. Furthermore, the increasing consumption of superfoods as a result of rising health consciousness among consumers in developed economies is expected to drive industry growth.

Functional mushrooms have multiple health benefits, including blood management regulation and immune system strengthening & anti-inflammatory properties. Functional foods contain specific types of added nutrients, such as probiotics, fiber, prebiotics, and minerals among others. Therefore, these foods aid in the prevention of nutritional deficiencies. Functional foods can also help reduce the risk of chronic diseases. Growing health concerns as a result of rapidly changing lifestyles, particularly in urban areas, are significantly increasing consumers’ preference for functional and healthy foods. Furthermore, during the COVID-19 pandemic, the demand for such functional food ingredients, which aid in boosting their immunity level, thereby positively impacting global consumer preference for functional mushrooms.

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Functional Mushroom Market Report Highlights

• The shiitake mushrooms segment dominated the industry in 2023 owing to the increased cultivation of these mushrooms across the globe
• The food & beverage application segment led the industry in 2023 owing to the increased use of functional mushrooms as superfoods
• Asia Pacific dominated the industry in 2023 due to the fact that China produces a sizable portion of the global industrial output
• Demand for these mushrooms is increasing as a result of the dietary preference for functional foods, which form an integral part of Asia Pacific cuisines
• Furthermore, due to their favorability in the local diet, the demand for functional mushrooms has increased in the food & beverage industry
• North America is expected to register the fastest growth rate during the forecast period due to the rising product adoption in dietary supplements

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Functional Mushroom Market Segmentation

Grand View Research has segmented the global Functional Mushroom market on the basis product, application, and region:

Functional Mushroom Product Outlook (Revenue, USD Million, 2018 - 2030)

• Reishi
• Cordyceps
• Lions Mane
• Turkey Tail
• Shiitake
• Chaga
• Others

Functional Mushroom Application Outlook (Revenue, USD Million, 2018 - 2030)

• Food & Beverage
• Dietary Supplements
• Pharmaceutical
• Others

Functional Mushroom Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Functional Mushroom Market

• Way of Will Inc.
• M2 Ingredients
• Nammex
• Mitoku Company
• Hokkaido Reishi Co. Ltd.
• Lianfeng (Suizhou) Food Co. Ltd.
• Monterey Mushrooms Inc.
• Rebbl
• Sotru
• Monaghan Group

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.

RV Rental Market Trends, Company Share, Industry Growth And Future Scope: Grand View Research Inc.

 RV Rental Market Growth & Trends

The global RV rental market size is expected to reach USD 1.55 billion by 2030, expanding at a CAGR of 7.4% over the forecast period, according to a new report by Grand View Research, Inc.The growth of the global recreational vehicle (RV) rental market is primarily driven by rising consumer interest in camping using RV vehicles, the development of the global camping and glamping industry, and increased participation in outdoor recreational activities.

During the contextual environment of COVID-19, RV rental companies and operators witnessed a slightly declined in demand and bookings. Since the government's COVID-19-related restrictions were eased, demand for RVs has increased to the point that RV dealers, particularly in the United States. Bookings for RV rentals have increased as a result of numerous states beginning to lift stay-at-home orders. However, some of the companies in the market such as Outdoorsy, Inc. witnessed high demand for RV rental booking during COVID-19.

According to a blog published by Outdoorsy, Inc., total RV rental booking in San Diego double in 2020 as compared to 2019. In the coming years, the market is expected to witness high growth for RV rental services as most people are planning their holidays and vacations while avoiding public transportation.

Over the years, internet usage across the globe has grown at an exponential rate on account of high-speed internet availability at affordable prices. To offer customers a simple and hassle-free experience, RV rental companies have been pushed to change their business models from brick-and-mortar structures to online business models. Online platforms have given travelers access to various recreational vehicle rental groups, private owners, and independent dealers.

Key RV rental companies operating in the global market are taking major initiatives to attract travelers and offer peer-to-peer rental services. For instance, in May 2021 Outdoorsy, Inc., an online RV rental company integrated a new feature that facilitates booking using PayPal Pay in 4 offerings and Roamly's Travel Insurance coverage. Travelers now have the option to reserve their rental and pay for it over time using Pay in 4 from PayPal, which will enable them to experience the affordability of renting an RV, campervan, or trailer on Outdoorsy’s platform.

Additionally, market participants are launching their RV rental platforms to make recreational vehicles more accessible and available while also lowering the rental prices of RVs. For instance, in April 2021, Camping World Holdings, Inc. announced the launch of a Peer-to-Peer RV Rental marketplace, named Camping World RV Rentals. The Company's dedication to investing in technology within the RV and outdoor industries to increase customer accessibility to RVing is further expanded by the rental marketplace.

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RV Rental Market Report Highlights

• Motorhomes were valued at USD 256.7 million in 2021 and are expected to reach USD 461.1 million by 2030. Owing to various features such as insurance, low fuel cost, secure payments, and ventilation control offered at low prices are favoring the segment growth
• Group segment is expected to witness substantial growth over the forecast period with a CAGR of 8.3% from 2022 to 2030. An increase in penetration of group traveling among millennials and Gen Z is propelling the market growth
• Online booking mode segment is expected to witness a substantial CAGR of 7.8% from 2022 to 2030. Increasing internet penetration among the middle-class population, coupled with the rising use of smartphones and similar devices, is the key factor driving the popularity of online booking modes in the recreational vehicle rental industry
• The Asia Pacific regional segment was valued a USD 170.6 million in 2021 and is expected to register a CAGR of 9.1% over the forecast period. The growth in the region is majorly attributed to the increasing outdoor recreational activities, especially in developing countries including India and China

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RV Rental Market Segmentation

Grand View Research has segmented the global RV rental market based on product, end-user, booking mode, and region:

Recreational Vehicle Rental Product Outlook (Revenue, USD Million, 2017 - 2030)

• Motorhomes
• Conventional Travel Trailer
• Campervans
• Fifth-Wheel Trailer
• Others (Pop-up Camper, Folding Camping Trailer, Park Model, etc)

Recreational Vehicle Rental End-user Outlook (Revenue, USD Million, 2017 - 2030)

• Couple Travel
• Family Trip
• Group
• Others (Office Trips, Solo)

Recreational Vehicle Rental Booking Mode Outlook (Revenue, USD Million, 2017 - 2030)

• Online
• Offline

Recreational Vehicle Rental Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Recreational Vehicle (RV) Rental Market

• Cruise America
• Apollo RV Holidays
• El Monte RV
• McRent
• Outdoorsy
• Fuji Cars Japan
• USA RV Rental
• RV Share
• Motorvana
• CamperTravel

About Grand View Research

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

U.S. Lubricant Contaminated HDPE Container Waste Market Latest Trends, Industry Growth And Forecast To 2030: Grand View Research Inc.

 U.S. Lubricant Contaminated HDPE Container Waste Market Growth & Trends

The U.S. Lubricant Contaminated HDPE Container Waste market is anticipated to reach 189.16 kilotons by 2030, expanding at a CAGR of 3.6% from 2022 to 2030, according to a new report by Grand View Research, Inc. Automotive industry contributes significantly to the consumption and growth of the U.S. lubricant contaminated HDPE container waste market. Various lubricants such as brake fluids, gear oil, engine oil, and others are used in traditional automobiles to maintain engine quality and high performance in long term. Furthermore, the rise in disposable income and increasing requirements of middle-class families across the country has resulted in an increase in demand for vehicles, which has boosted the demand for HDPE-based oil containers and hence has boosted the requirement for recycling lubricant contaminated HDPE containers.

The rise in the production of automobiles has led to excel the consumption of maintenance products such as engine oil, transmission fluid, grease, and penetrating lubricants. The growing automobile is expected to augment the lubricant contaminated HDPE container market, hence has boosted the requirement of recycling lubricant contaminated HDPE containers over the forecast period.

Rising sales of commercial vehicles used for public transport are expected to propel the demand for commercial automotive lubricants that will drive the U.S. lubricant contaminated HDPE container waste market. Economic growth in the U.S. coupled with rising consumer awareness regarding pollution caused by an increasing number of on-road vehicles has led to the improvement of public transportation. Furthermore, increasing construction and renovation activities in the U.S. and the consequent rise in the sales of heavy-duty construction machinery such as bulldozers, cranes, earthmoving equipment, and concrete mixers are expected to complement the demand for heavy-duty automotive lubricants.

However, in the U.S., approximately 41.1% of plastics including polyethylene terephthalate (PET) bottles, high-density polyethylene (HDPE) containers, and polyvinyl chloride (PVC) pipes are recycled annually. However, there is a high proportion of plastic waste that goes into landfills, in incinerators or ends up polluting the environment. Single-use plastics that are difficult to recycle since they are a composition of mixed materials/multi-polymers, and are contaminated or polluted from use, are regarded mostly as unmanaged waste.

U.S. is one of the major automotive markets across the US. and is expected to witness significant demand for recycling HDPE-based oil containers in lieu with increasing awareness among consumers regarding the benefits of vehicle maintenance is expected to drive their consumption over the forecast period.

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U.S. Lubricant Contaminated HDPE Container Waste Market Report Highlights

• Automotive is the largest application segment with a market share of more than 77.0% in 2021. Rising sales of commercial vehicles used for public transport are expected to propel the demand for commercial automotive lubricants that will drive the U.S. lubricant contaminated HDPE container waste market.
• Greater than 50 liters container dominates under container size segment and accounted for more than 54.0% share of the total volume of the U.S. in 2021. Manufacturers of these containers often customize their sizes according to the requirements of their customers. Moreover, greater than 50 liters of HDPE containers are primarily used in the industrial sector, which helps to excel the demand for these containers.
• Recycle is the leading plastic use segment with a market share of over 96.0% in 2021, by recycling process manufacturers can easily remold it in any size as per their demand size, and the property of the product can also be enhanced by adding additives to it. Hence, manufacturers prefer to recycle over reuse.
• In July 2022, SCHÜTZ Container Systems (SCS) plans to expand its collection and sustainable packaging recovery network in North America. In addition, the company has installed a state-of-the-art reconditioning facility in Fontana, California.
• In April 2022, Encore Container, one of the leading companies of plastic containers/drums announced that the company will diversify its product portfolio by starting the production of 77-gallon plastic containers/drums in January to serve new customers in the market. Moreover, the company will go with more expansion in the coming years.

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U.S. Lubricant Contaminated HDPE Container Waste Market Segmentation

For this report, Grand View Research has segmented the U.S. lubricant contaminated HDPE container waste market based on application, container size, plastic use, and states:

U.S. Lubricant Contaminated HDPE Container Waste Application Outlook (Volume, Kilotons, 2019 - 2030)

• Industrial
• Automotive
• Aerospace

U.S. Lubricant Contaminated HDPE Container Waste Container Size Outlook (Volume, Kilotons, 2019 - 2030)

• 0-30 Liters
• 30-50 Liters
• Greater than 50 Liters

U.S. Lubricant Contaminated HDPE Container Waste Plastic Use Outlook (Volume, Kilotons, 2019 - 2030)

• Re-Use
• Recycle

U.S. Lubricant Contaminated HDPE Container Waste States Outlook (Volume, Kilotons, 2019 - 2030)

• Alabama
• California
• Colorado
• Connecticut
• Hawaii
• Illinois
• Kentucky
• Maine
• Maryland
• Missouri
• New Jersey
• New York
• Oregon
• Pennsylvania
• Rhode Island
• South Carolina
• Vermont
• Virginia
• Washington
• West Virginia
• Massachusetts
• Rest of the USA 

List of Key Players in the U.S. Lubricant Contaminated HDPE Container Waste Market

• Consolidated Container Company
• Nye Lubricants, Inc.
• Scholle Ipn Corporation
• Greif, Inc.
• Martin Operating Partnership L.P.
• Mauser Group B.V.
• Milford Barrel
• BWAY Corporation
• Rahway Steel Drum Company, Inc.
• Container Distributors, Inc.
• Jakacki Bag & Barrel, Inc.
• KSCI Container Services
• CKS Packaging, Inc.
• Polycon Industries, Inc.
• Trico Corporation.
• Encore Container
• SCHÜTZ Container Systems

About Grand View Research

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

U.S. SNF Based Dialysis Market is Expected to Amplify $4.5 Billion Value by 2030: Grand View Research Inc.

 U.S. SNF Based Dialysis Market Growth & Trends

The U.S. SNF based dialysis market size is expected to reach USD 4.5 billion by 2030, expanding at a CAGR of 6.22%, according to a new report by Grand View Research, Inc. The growth of the market can be attributed to the rising prevalence of ESRD patients in the U.S. and the growing number of on-site hemodialysis providers.

Many skilled nursing facilities (SNFs) are collaborating with the on-site dialysis providers such as DaVita Kidney Care, Fresenius Medical Care, U.S. Renal Care, Inc., Dialysis Clinic, Inc., and American Renal Associates to offer these services to their residents and bypass the expensive and stressful transportation. For instance, in July 2022, Dialyze Direct, a home hemodialysis service provider in SNFs, collaborated with the CommuniCare Family of Companies to provide on-site hemodialysis services at their facilities across the U.S.

The on-site hemodialysis care model is growing involving collaborations between SNFs and dialysis providers to offer on-site treatments at SNFs for residents. This can be attributed to the rising awareness regarding the benefits of on-site dialysis over in-center. Dialysis is usually the best option for ESRD patients waiting for transplantation. On-site hemodialysis offers treatment three times higher than daily dialysis patients. According to Concerto, on-site dialysis services require 17% less treatment time than traditional off-site services.

The COVID-19 pandemic increased the demand for on-site hemodialysis services at SNFs owing to social distancing issues during the transportation of patients. Hence, SNFs have collaborated with on-site dialysis providers. As per the annual report of the U.S. Renal Data System 2020, Medicare expenditure for ambulance services to transfer patients between skilled nursing and dialysis facilities reached more than USD 310 million per year, accounting for more than 1% of total Medicare expenditure on dialysis patients.

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U.S. SNF Based Dialysis Market Report Highlights

• Based on region, the Midwest region accounted for the largest revenue share in 2022 due to the presence of the majority of SNFs offering on-site hemodialysis providers
• Improved reimbursements for SNF-based dialysis are expected to boost the demand for the market. In July 2019, the CMS released the ESRD Treatment Choices (ETC) model that is expected to boost dialysis treatment reimbursements, and SNFs are considered the home for the residents and will have higher reimbursements
• The government is taking initiatives to regulate the market and offer higher-quality services to patients. In August 2018, the CMS updated regulations for dialysis centers, which comprise various modalities focusing on the locations of the services. The revised advice confirmed CMS’s acknowledgment of dialysis in nursing homes by revising the State Operations Manual and adding section 2271A, entitled “Dialysis in Nursing Homes
• The SNFs are collaborating with dialysis service providers to offer on-site services at various locations. For instance, in August 2019, The Alden Network introduced on-site hemodialysis services at Alden Town Manor

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U.S. SNF Based Dialysis Market Segmentation

Grand View Research has segmented the U.S. SNF based dialysis market based on region:

U.S. SNF Based Dialysis Regional Outlook(Revenue, USD Million, 2018 - 2030)

• Northeast
• Southeast
• Southwest
• Midwest
• West

List of Key Players in the U.S. SNF Based Dialysis Market

• Genesis Healthcare
• Brickyard Healthcare (Formerly Golden LivingCenters)
• Plaza Healthcare
• Carespring
• Generations Healthcare Network
• Arbors Of Ohio
• Medilodge
• The Alden Network
• Avalon Health Care
• Batavia Nursing Care Center

About Grand View Research

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

Barbados Healthcare & Medical Tourism Market Latest Innovations, Drivers and Industry Key Events 2023– 2030: Grand View Research Inc.

 Barbados Healthcare & Medical Tourism Market Growth & Trends

The barbados healthcare & medical tourism market size is expected to reach USD 649.7 million by 2030, exhibiting a CAGR of 6.0% during the forecast period, according to a new report by Grand View Research, Inc. Barbados is recognized in the Eastern Caribbean for its superior medical facilities, which include facilities for decompression chambers, open heart surgery, and dialysis centers. It is a highly popular tourist destination with a large English-speaking resident population and is rapidly gaining popularity as a medical tourism destination. Since 2002, the JCI-accredited Barbados Fertility Center has attracted international fertility patients. As patients from the U.S., U.K., and Canada seek treatment from physicians in Barbados, its medical tourism sector is expected to expand rapidly.

The country invests more in public and private healthcare than any other country in the Caribbean and Central America. Every citizen is entitled to universal health coverage. Approximately 65% of healthcare institutions are administered by the public sector. The remaining 35% of the healthcare facilities are private. Successive governments have prioritized healthcare expenditures to the extent that Barbados is one of the region's highest spenders per capita.

The government has also led numerous attempts to promote medical tourism in the country. The Barbados Fertility Centre benefited from the extension of the Tourism Development Act, which permits the duty-free importation of medical equipment. In addition, the government enabled the clinic to use Barbados in its facility name, a marketing advantage generally reserved for publicly held corporations.

The COVID-19 pandemic negatively impacted the medical tourism industry of the country. Long-stay and cruise ship arrivals decreased by 71% and 66%, respectively, as a result of COVID-19 restrictions in major international source markets. Further, an increase in domestic and foreign COVID-19 cases, as well as the emergence of new, more contagious variations, worsened the outlook for the tourism industry in the first half of 2021, forcing additional lockdowns or limitations to prevent the virus's spread. As a result, the tourism industry experienced a decline of 78.6% from 2019 to 2020.

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Barbados Healthcare & Medical Tourism Market Report Highlights

• General surgery accounted for the largest revenue share in 2022 owing to the increased prevalence of chronic disorders. The cardiology segment is expected to have a significant growth rate during the forecast period owing to the rising burden of CVDs
• Proximity to the U.S. and Canada and lower cost of surgical procedures compared to developed countries are driving the Barbados medical tourism market growth
• In February 2020, SickKids and the Government of Barbados entered into a partnership to establish the Center for Pediatric Excellence over seven years. The list of partners includes The Queen Elizabeth Hospital, the Barbados Ministry of Health, the Chronic Disease Research Centre, and the University of the West Indies
• In September 2022, QEH received USD 40,000 worth of supplies in donations from The Barbados Hotel and Tourism Association under its Charitable Assistance Programme

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Barbados Healthcare & Medical Tourism Market Segmentation

Grand View Research has segmented the Barbados healthcare & medical tourism market based on specialty type:

Barbados Healthcare Specialty Type Outlook (Revenue, USD Million, 2017 - 2030)

• General Surgery
• Orthopedics
• Cardiology
• Fertility & Gynecology
• Cosmetics
• Others

List of Key Players in the Barbados Healthcare & Medical Tourism Market

• The Queen Elizabeth Hospital
• Bayview Hospital
• Barbados Fertility Centre
• Premiere Surgical Centre
• The Sparman Clinic
• FMH Emergency Medical
• Sandy Crest Medical Centre

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.

Food Grade Magnesium Derivatives Market to Bring In $1.24 Billion by End of the Forecast Period

 Food Grade Magnesium Derivatives Market Growth & Trends

The global food grade magnesium derivatives market size is expected to reach USD 1.24 billion by 2030, registering a CAGR of 4.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth is majorly driven by the growing inclusion of magnesium derivatives in the production of confectionery products, such as chocolates and sweets, as well as the production of alcoholic and nonalcoholic beverages, including functional drinks. The industry is anticipated to grow on account of the rising demand for products from the bakery, confectionery, and dairy, among other application segments.

The magnesium derivatives are widely used in the food processing industries as color retention agents, pH stabilizers, supports fermentation, anti-caking agents, emulsifiers, flavoring agent, firming agents, brewing agents, and antacids. The outbreak of the COVID-19 pandemic had a significant impact on various industries. However, Food & Beverages (F&B) remained unaffected owing to the high demand for immunity-boosting food products. This is attributed to the rising consumer awareness about maintaining a healthy diet and improving immunity to combat viral infections.

Thus, the product witnessed high demand from the F&B application sector as. As the F&B industry is not the primary application of magnesium derivatives, the demand for the same did not spike as expected; however, the market witnessed positive growth in 2020. Asia Pacific is estimated to register the fastest CAGR from 2022 to 2030 due to the growing F&B production and expansion of the retail industry in emerging markets like Japan, and India. Many manufacturers are shifting their production hubs to the Asia Pacific region due to low labor & operational costs and easy availability of workforce.

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Food Grade Magnesium Derivatives Market Report Highlights

• The inorganic products segment is likely to register the fastest growth rate from 2022 to 2030 due to its wide application scope in various food products as well as functional, sports, and alcoholic beverages
• Among inorganic derivatives, magnesium chloride is estimated to witness the fastest growth rate over the forecast years due to its non-flammable and non-toxic properties
• Moreover, it is widely used in food products as an emulsifier and firming agent and in beverages as a flavoring and brewing agent
• The beverages application segment will grow at the highest CAGR from 2022 to 2030 due to the rising demand for various functional, alcoholic, energy, and non-alcoholic beverages
• The alcoholic beverages sub-segment will witness the highest growth rate from 2022 to 2030 due to the high demand for various alcoholic drinks and the growing penetration of derivatives in the formulation of these products

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Food Grade Magnesium Derivatives Market Segmentation

Grand View Research has segmented the food grade magnesium derivatives market based on product, application, and region:

Food Grade Magnesium Derivatives Product Outlook (Revenue, USD Million; Kilotons, Volume, 2018 - 2030)

• Inorganic
  • Magnesium Oxide
  • Magnesium Carbonate
  • Magnesium Chloride
  • Magnesium Hydroxide
  • Magnesium Sulfate
  • Others
• Organic
  • Magnesium Stearate
  • Magnesium Citrate
  • Magnesium Lactate
  • Magnesium Gluconate
  • Others
• Magnesium Chelates

Food Grade Magnesium Derivatives Application Outlook (Revenue, USD Million; Kilotons, Volume, 2018 - 2030)

• Food
  • Bakery
  • Confectionery
  • Dairy
  • Others
• Beverages
  • Alcoholic
  • Non-Alcoholic

Food Grade Magnesium Derivatives Regional Outlook (Revenue, USD Million; Kilotons, Volume, 2018 - 2030)

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

List Of Key Players Food Grade Magnesium Derivatives Market

• Grecian Magnesite
• Sinwon Beverages Co., Ltd.
• Compass Minerals
• OLE Chemical Co., Ltd.
• Martin Marietta Magnesia Specialties
• Ibar Northeast
• NikoMag
• K + S Aktiengesellschaft
• Oksihim, Ltd.
• Hawkins
• ICL
• RX Chemicals
• Rahul Magnesia Pvt. Ltd.
• Vizag Chemicals
• Novotech Nutraceuticals, Inc.
• James M. Brown Ltd.
• Jungbunzlauer Suisse AG
• Corbion
• Paul Lohmann GmbH & Co. KGaA
• Gadot Biochemical Industries 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.

Mining Equipment Market Factors Hindering The Growth Rate, Challenges and Restraints For Business Development 2030

 Mining Equipment Market Growth & Trends

The global mining equipment market size is expected to reach USD 201.55 billion by 2030, registering a CAGR of 5.2% during the forecast period, according to a new report by Grand View Research, Inc. The introduction of automated mining equipment at the major mine sites and the increasing demand for efficient mining equipment is expected to propel the demand during the forecast period.

Medical was the largest application for PEG, accounting for more than 40% of market share in 2022. Superior blending, hygroscopicity, and non-toxic properties of PEG have resulted in high demand for the chemical in numerous pharmaceutical products such as tablets and ointments. Increasing pharmaceutical expenditure, particularly in emerging economies of India, China, and Brazil, is expected to boost PEG market over the forecast period. Growing demand for paints & coatings coupled with the increasing use of PEG as a solvent due to its low VOC emissions is anticipated to fuel market growth over the next six years.

The adoption of automation and autonomous systems has led to significant developments in the global mining industry. In addition, the usage of autonomous machines such as drillers, Load Haul and Dump Loaders (LHDs), and carrying trucks at mining locations is rapidly increasing worldwide, thereby fueling the market demand for these products during the forecast period.

The ongoing urbanization and industrialization have fueled the global demand for natural resources such as oil and minerals. As a result, the global mining industry is flourishing. This, in turn, is boosting the demand for mining equipment, thereby leading to the growth of the market for this equipment worldwide.

Manufacturers of these products adopt several strategies including acquisitions, mergers, joint ventures, new product developments, and geographical expansions to enhance their market penetration and cater to the changing technological demand for the equipment from various end-use industries such as metal mining, coal mining, and non-metal mining.

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Mining Equipment Market Report Highlights

• Surface mining equipment accounted for 38.9% share of the global revenue in 2022. The expansion of the surface mining equipment market is anticipated to rise from the growing demand for excavators in the oil & gas and construction industries
• Underground mining equipment segment is expected to register a healthy growth during the forecast period. The sturdy manufacturing and high impact force of the equipment make it an efficient piece for subterranean operations, thereby fueling the demand during the forecast period
• Metal mining application segment is expected to witness significant growth from 2023 to 2030. Owing to increased resource exploration and strong demand for precious metals such as silver, gold, and others, the metal mining market is expected to grow as a significant application segment
• Asia Pacific accounted for around 35% share of the global revenue share in 2022. The increasing shift towards clean energy resources and the adoption of electric vehicles in developing countries such as China and India expected to drive market growth in the forecast period
• In September 2022, Epiroc introduced Boomer E10 and E20 drill rigs. The drill rigs have automated technologies that improve operator safety and productivity, as well as an optional battery-electric drive line for lower environmental impact and better underground conditions.

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

Mining Equipment Market Segmentation

Grand View Research has segmented the global mining equipment market on the basis of equipment type, power source, power output, application, and region:

Mining Equipment Equipment Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Underground Mining Equipment
• Surface Mining Equipment
• Crushing, Pulverizing & Screening Equipment
• Drills & Breakers
• Others

Mining Equipment Power Source Outlook (Revenue, USD Million, 2018 - 2030)

• Gasoline
• Electric

Mining Equipment Power Output Outlook (Revenue, USD Million, 2018 - 2030)

• <500 HP
• 500-2000 HP
• >2000 HP

Mining Equipment Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Metal Mining
• Non-metal Mining
• Coal Mining

Mining Equipment Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in Mining Equipment market

• Epiroc
• Boart Long year Ltd
• Caterpillar Inc.
• China Coal Energy Group Co. Ltd
• Vipeak Mining Machinery Co. Ltd
• Guangdong Leimeng Intelligent Equipment Group Co. Ltd
• Henan Baichy Machinery Equipment Co. Ltd
• Komatsu Ltd
• Liebherr
• Metso Qutotec

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.

Crowdfunding Market Report by Opportunity, Demand, Recent Trends, Major Driving Factors and Business Growth Strategies

 Crowdfunding Market Growth & Trends

The global crowdfunding market size is expected to reach USD 5.53 billion by 2030, growing at a CAGR of 16.7% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. Growing demand for low-cost promotional tools, such as social media platforms for crowdfunding campaigns, is a major factor driving market growth. Furthermore, rising internet penetration has led to more accessibility of online crowdfunding platforms, which is further contributing to the growth of the crowdfunding market.

Numerous crowdfunding platform providers remain focused on launching niche areas such as serving black women. For instance, in May 2020, BuildHer, a crowdfunding platform for women, launched its service to support young women in Kenya with credited construction skills leading to greater financial prosperity and promoting gender equality within the construction industry. Such launches are expected to create lucrative growth opportunities for the market over the coming years.

An increasing number of startup companies globally has also led to a greater demand for crowdfunding platforms. For instance, in July 2022, India witnessed a rise of 15,400% number of startups which increased from 471 in 2016 to 72,993 as of June 2022. Startup companies raised funds to increase their market presence globally and invest more in research and development activities. Such a rise in the number of startup companies is expected to further drive market growth.

The COVID-19 outbreak played a vital role in driving the crowdfunding market growth over the forecast period. The number of donations through crowdfunding platforms increased during the pandemic for COVID care treatment, hospitalization, and oxygen relief campaigns. For instance, on Milaap, a crowdfunding platform, the number of donations for the COVID-19 pandemic increased from 325,000 in 2020 to 400,000 in 2021. Similarly, in 2021, through GoFundMe, a crowdfunding platform, more than 175,000 crowdfunding campaigns were established in the U.S. for the COVID-19 pandemic-related needs.

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Crowdfunding Market Report Highlights

• The equity-based crowdfunding segment is expected to witness rapid growth over the forecast period. The segment growth can be attributed to the growing popularity of equity crowdfunding platforms as it offers an equity share of the company to investors
• The technology segment is expected to witness significant growth over the forecast period. Growing demand for integrating innovative technologies such as blockchain, machine learning, and Artificial Intelligence (AI) into various digital platforms is expected to propel the growth of the segment
• North America dominated the regional market in 2022. The rising number of startup companies across the region is driving the growth of the regional market

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

Crowdfunding Market Segmentation

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

Crowdfunding Type Outlook (Revenue, USD Million, 2017 - 2030)

• Equity-based Crowdfunding
• Debt-based Crowdfunding
• Others

Crowdfunding Application Outlook (Revenue, USD Million, 2017 - 2030)

• Food & Beverage
• Technology
• Media
• Real Estate
• Healthcare
• Others

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

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

List of Key Players in Crowdfunding Market

• Kickstarter, PBC
• Indiegogo, Inc.
• GoFundMe
• Fundable
• Crowdcube
• SeedInvest Technology, LLC
• Fundly
• RealCrowd
• RM Technologies LLC.
• Wefunder

About Grand View Research

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

Global Market For IP Camera to Witness Tremendous Growth and Expansion by 2030

 IP Camera Market Growth & Trends

The global IP camera market size is expected to reach USD 32.63 billion by 2030, growing at a CAGR of 13.9% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. The demand for internet protocol (IP)-based camera systems increases due to the constant development of infrared cameras and the adoption of IoT in video surveillance. With an increasing number of home burglaries and squatting, residential security is one of the top concerns of homeowners. The rising smartphone user base and the availability of installment-based security solution subscriptions promise robust growth in the residential market.

Home security concerns are growing along with the connected ability to alert security services, and the comparatively low cost of home security continues to impact the market's growth positively. These cameras help users respond immediately to any incursions inside buildings, abandonment of suspicious materials, and loitering & trespassing by persons and vehicles, as it also has built-in video intelligence.

IP cameras protect personnel, property, or information as they are employed in various organizations. These are also widely deployed in commercial and residential properties. The spread of COVID-19 globally continues to have a significant impact on the electronics industry as well, resulting in changes in consumer preference over time. The changes in preferences, disposable income, and purchasing habits have added volatility in the global economy. This has led to uncertainty on the demand side in the internet protocol camera market.

Asia Pacific is anticipated to dominate the global market in 2021 due to increasing awareness and adoption rate of network cameras. The impact of government legislation and investments also continues to boost the market growth in the region. There are several significant components provider in the area which dominates globally. For instance, in 2019, the Chinese police started the installation of new surveillance technology that helps the local authority identify potential suspects by their body language, and demeanor. The technology used by the Chinese police identifies individuals based on their body shape and movement from around a 50-meter distance. Government officials use advanced technology such as AI-based security solutions that help them improve their surveillance operations.

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IP Camera Market Report Highlights 

• Hardware components accounted for a market share of 76.7% in 2022, as the advancement of hardware systems in the market over the past years has provided convenience.
• The services segment is expected to grow at the fastest CAGR of 15.0% during the forecast period due to the innovation and development of IP camera system manufacturers, and service providers are catering to the market demand for better solutions.
• The consolidated segment held the largest revenue share of 74.7% in 2022. The consolidated product type is expected to achieve a considerable market share in 2021 as it employs a central control server that houses a master database.
• The commercial segment held the largest revenue share of 66.4% in 2022, owing to increased demand for advanced security technologies in the banking and financial sectors, accelerating the commercial industry and thus impacting the growth of the market.
• Asia Pacific dominated the market and accounted for the largest revenue share of 48.5% in 2022. Besides, the internet protocol (IP) camera market is expected to show a significant share in 2030 owing to the rising adoption of current security technologies for various applications such as traffic monitoring, home security, and city surveillance.

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

IP Camera Market Segmentation

Grand View Research has segmented the global IP camera market report based on component, product type, connection type, end-use, and region:

IP Camera Component Outlook (Volume, Thousand Units; Revenue, USD Million, 2018 - 2030)

• Hardware
• Services

IP Camera Product Type Outlook (Volume, Thousand Units; Revenue, USD Million, 2018 - 2030)

• Fixed
• Pan-Tilt-Zoom (PTZ)
• Infrared

IP Camera Connection Type Outlook (Volume, Thousand Units; Revenue, USD Million, 2018 - 2030)

• Consolidated
• Distributed

IP Camera End-use Outlook (Volume, Thousand Units; Revenue, USD Million, 2018 - 2030)

• Residential
• Commercial
  • BFSI
  • Education
  • Healthcare
  • Industrial
  • Real estate
  • Retail
  • Transportation & logistics
• Industrial

IP Camera Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2018 - 2030) 

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

List of Key Players of IP Camera Market

• 3DEYE Inc.
• Arecont Vision Costar LLC.
• Motorola Solutions, Inc.
• Belkin
• Bosch Sicherheitssysteme GmbH
• CAMERAFTP
• CAMCLOUD
• D-Link Corporation
• EOS Digital Services
• GEOVISION Inc.
• Hangzhou Hikvision Digital Technology Co. Ltd.
• Honeywell International Inc.
• Johnson Controls
• Kintronics Inc.
• Matrix Comsec.
• Panasonic
• PRO-VIGIL
• SAMSUNG
• Schneider Electric SE
• Sony Corporation
• Stealth Monitoring
• Johnson Controls.
• VIVOTEK 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.