HLA Typing Market Valuation to Reach $1.7 Billion by the end of 2030: Grand View Research Inc.

 HLA Typing Market Growth & Trends

The global HLA typing market is expected to reach USD 1.73 billion by 2030, according to a new report by Grand View Research, Inc. The increasing stem cell transplantation coupled with expanding the use of HLA typing in other applications is expected to support the growth of the HLA matching market. From 2016 to 2020, around 111,984 hematopoietic cell transplantations were performed in the U.S. Out of those, 89% of cell sources were peripheral blood, 9% were from bone marrow and 2% were from cord blood. Similarly, there are over 219 centers in the region for performing hematopoietic cell transplantations.  

HLA matching is expected to be a valuable source of information for various basic and translational research studies. Since some HLA alleles can impact the severity and susceptibility of infectious diseases, while other HLA alleles are related to the diverse predispositions of genetics to diseases such as autoimmune conditions and cancer. Gaining insights into which haplotypes can have a higher probability of critical disease or poor prognosis can be specifically useful in translational applications for developing therapeutics. Hence, HLA typing usage in research applications is expected to have a considerable contribution to the overall human leukocyte antigen matching market estimates.    

The COVID-19 pandemic adversely impacted the HLA matching market. Although there was a handful of researchers with the concept of integrating HLA typing with COVID-19 testing. For instance, in August 2021, the scientific evidence from research published in the European Journal of Medical Research suggested including HLA tying in clinical trials and combining it with the COVID-19 test to increase the speed of identifying a predictor in the population.

The growing strategic initiatives by the companies are anticipated to boost human leukocyte antigen matching market growth. For instance, in March 2022, Immucor, Inc. announced to launch a HLA typing software as a supporting product for its HLA typing assay. The software is expected to ease and quicker the NGS analysis process with a cost-saving option for the users.

On the other hand, the increasing number of recipients removed from the waiting list for organ transplantation is likely to affect the usage of HLA typing. The reasons for the removal from the list are deterioration in the patient's condition, patient’s death, or recovery from the disease. For instance, from January 2021 to December 2021, 6 patients from Barnes-Jewish Hospital died due to the shortage of organs, while 11 patients’ conditions deteriorated.

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HLA Typing Market Report Highlights

• By product, the reagents & consumables segment is projected to establish the fastest growth rate over the forecast period. Since increasing product development by the existing players to expand the usage of HLA typing in various fields of research, such as immunotherapies.
• By application, the diagnosis segment is anticipated to have the fastest growth rate with a larger share in 2022. Owing to the increase in organ transplantations and showcasing evidence of being an important source of information for infectious diseases, hence, propelling the HLA matching market growth.
• By technique, the sequenced-based molecular assay segment is anticipated to have the fastest-growing CAGR between 2023 to 2030. Since, it has the ability to generate clear, phase-resolved HLA typing with a single assay.
• By end-user, the hospitals and transplant centers segment is projected to have a majority of the human leukocyte antigen matching market share in 2022. This is attributed to the presence of well-equipped facilities for research in developed countries.
• North America has strengthened its regional position in the market with 46.94% of the overall market share. This is attributed to the presence of transplant centers and clinics, along with the existence of key players in the region.
• A few of the key market players include Thermo Fisher Scientific Inc., Bio-Rad Laboratories Inc., Qiagen N.V., Omixon Inc., GenDx, Illumina Inc., and others.

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HLA Typing Market Segmentation

Grand View Research has segmented the global HLA typing market based on product, application, technique, end user, and region:

HLA Typing Product Scope Outlook (Revenue, USD Million, 2018 - 2030)

• Instruments
• Reagents & Consumables
• Software & Services

HLA Typing Application Scope Outlook (Revenue, USD Million, 2018 - 2030)

• Diagnosis
• Research

HLA Typing Technique Scope Outlook (Revenue, USD Million, 2018 - 2030)

• Molecular Assay
• Sequenced-based Molecular Assay
• Non-Molecular Assay

HLA Typing End user Scope Outlook (Revenue, USD Million, 2018 - 2030)

• Commercial Service Providers
• Hospitals & Transplant Centers
• Research Labs & Academic Institutes

HLA Typing Regional Scope Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of HLA Typing Market

• Thermo Fisher Scientific Inc.
• Bio-Rad Laboratories Inc.
• Qiagen N.V.
• Omixon Inc.
• GenDx
• Illumina Inc.
• TBG Diagnostics Limited
• Dickinson and Company
• Takara Bio Inc.
• Hoffman-La Roche Limited
• Pacific Biosciences

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.

Hospital Furniture Market Projected to Discern Stable Expansion by 2030

 Hospital Furniture Market Growth & Trends

The global hospital furniture market size is expected to reach USD 15.39 billion by 2030, registering a CAGR of 6.80% from 2023 to 2030, according to a new report by Grand View Research, Inc. The prevalence of chronic diseases is rising, and patients’ demands for hospital facilities are continuing to rise as well. It is anticipated that ongoing technology advancements and cutting-edge furniture, like eye surgical chairs and high-tech stretchers, are expected to create lucrative business potential. The world’s growing network of hospitals and clinics is the main driver of the industry. Public agencies are constructing more hospitals to prevent pandemics and other unforeseen events. Over the forecast period, the key growth driver of the industry will be the demand for more modernized hospitals and clinics. Hospital furniture sales are significantly influenced by public sector initiatives to update existing hospital infrastructure.

Numerous industries across the world suffered from the COVID-19 pandemic. For the hospital furniture industry, the impact is precisely the opposite. The pandemic has benefited this industry because additional hospitals and specialized COVID-19 clinics were required to be built on a global scale. This indicated that there is an urgent need to furnish new hospitals and clinics. The pandemic brought with it a flood of fantastic growth prospects for this industry. Furthermore, due to the high patient volume, the existing hospitals also made an effort to upgrade their infrastructure. As a result, there were many opportunities for demand and expansion in the market. Hospital furniture is a significant factor to consider as it impacts a major part of a hospital’s functions. Trends in hospital furniture have been affected by the pandemic. Healthcare design considerations would inevitably be impacted by the pandemic in the coming years.

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Hospital Furniture Market Report Highlights

• The beds segment dominated the industry in 2022 owing to the high demand for ICU beds as a result of the increased prevalence of chronic disorders
• The patient’s furniture segment is anticipated to lead the industry due to high demand across the globe
• The offline sales channel segment captured the maximum share in 2022 owing to the advantages offered
• The metal segment dominated the industry in 2022 owing to the high adoption and demand for metal-based products
• The hospitals & specialty clinics segment dominated the market in 2022 due to increased product demand and high hospitalization rates owing to several chronic disorders
• North America held the largest share in 2022 owing to the increased prevalence of chronic diseases, such as obesity, diabetes, and cardiac arrest, that may lead to hospitalization

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Hospital Furniture Market Segmentation

Grand View Research has segmented the global hospital furniture market based on product, product, application, sales channel, material, end-use, and region:

Hospital Furniture Product Outlook (Revenue, USD Million, 2018 - 2030)

• Beds
  • ICU Beds
  • Fowler Beds
  • Plain Hospital Beds
  • Pediatric Beds
  • Maternity Beds
  • Others
• Patient Lift
  • Manual Lifts
  • Power Lifts
  • Stand up Lifts
  • Heavy duty Lifts
  • Overhead Track Lifts
  • Others
• Tables
  • Examination Tables
  • Obstetric Tables
  • Surgical Tables
  • Others
• Chairs
• Medical Carts
• Stretchers
• Others

Hospital Furniture Application Outlook (Revenue, USD Million, 2018 - 2030)

• Physician’s Furniture
• Patient’s Furniture
• Staff’s Furniture

Hospital Furniture Sales Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Offline
• Online

Hospital Furniture Material Outlook (Revenue, USD Million, 2018 - 2030)

• Wood
• Metal
• Plastic

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

• Hospitals & Specialty Clinics
• Ambulatory Surgical Centers (ASCs)
• Others

Hospital Furniture Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Hospital Furniture Market

• Stryker
• Invacare Corp.
• ARJO AB
• Steris Plc.
• Medline Industries, Inc.
• Hill-Rom Holdings, Inc.
• Drive DeVilbiss Healthcare
• GF Health Products, Inc.
• NAUSICAA Medical
• Sunrise Medical (US) LLC
• Herman Miller Furniture
• Kovonox
• Getinge AB

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.

CBD Skin Care Market to Reap Excessive Revenues By 2030

 CBD Skin Care Market Growth & Trends

The global CBD skin care market size is expected to reach USD 8.62 billion by 2030, registering a CAGR of 31.5% over the forecast period, according to a new report by Grand View Research, Inc. The awareness regarding CBD-based skin care products has increased significantly over the last few years owing to their excellent medicinal properties. CBD skin care products are gaining immense popularity among consumers owing to their exceptional anti-inflammatory and rich antioxidant properties. In addition, CBD-infused skin care products help in the proper functioning of the endocannabinoid system, which is responsible for balancing various crucial functions of the skin including oil production and melanocyte production, these factors are expected to bode well with the growth of the industry.

Normalized regulations related to the import of CBD cosmetic and personal care products are expected to boost its sales in the coming years. Furthermore, consumers in China are aware of the therapeutic benefits associated with CBD, including reduced skin puffiness, redness, and irritation, and are increasingly integrating them into their regular skin care routines. Such factors are expected to boost the sales of CBD skin care products in China and other regions as well.The oils segment accounted for the largest share in 2022 and is expected to maintain its dominance throughout the forecast period. The demand for CBD oils for skin care is significantly increasing because of numerous benefits, such as reduced inflammation and irritation.

CBD oil is used to nourish and moisturize the skin. It provides various essential nutrients to the skin that helps protect the skin from peeling, dry patches, cuts, and cracks. Thus, the growing consumer consciousness for a good appearance is driving the demand for CBD oil-based skin care products. Moreover, the increasing consumer awareness regarding the harmful effects of using chemical-based products is driving the demand for natural and organic skin care products, such as CBD oils.The department store segment was the largestin 2022due to convenience stores’ easy accessibility at nearby locations, they are used more often for purchasing products, thus driving the segment for the said channel. For instance, in January 2021, Avon launched CBD skin care products through its luxury department store.

Moreover, department store products are easily accessible and readily available, which is expected to contribute to the segment’s growth during the forecast period.The hemp-based CBD skin care accounted for the largest share in 2022. A higher concentration of CBD is expected to drive the demand for these products over the forecast period. Producers extract the hemp CBD oil tinctures by using complex extraction methods that leave the hemp-derived CBD oil with no taste and a golden hue, which is expected to increase product visibility among consumers with sensitive skin.The global industry is fragmented with a major share almost equally divided among key players.

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CBD Skin Care Market Report Highlights

• North America held the largest revenue share in 2022 owing to the easy production and trade of cannabis in the region
• The masks & serums segment is projected to register the fastest growth rate during the forecast period owing to their easy application and fast results
• E-commerceis estimated to register the fastest CAGR during the forecast period owing to the availability of a wide range of products at a single e-commerce platform or stores
• Hemp-based CBD products are expected to maintain dominance over the forecast period owing to their rising popularity among skin-conscious consumers

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CBD Skin Care Market Segmentation

Grand View Research has segmented the global CBD skin care market on the basis of product, distribution channel, source, and region:

CBD Skin Care Product Outlook (Revenue, USD Million, 2017 - 2030)

• Oils
• Creams & Moisturizers
• Masks & Serums
• Cleansers
• Others

CBD Skin Care Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Department Stores
• Hypermarkets/Supermarkets
• E-commerce
• Retail Pharmacies
• Others

CBD Skin Care Source Outlook (Revenue, USD Million, 2017 - 2030)

• Hemp
• Marijuana

CBD Skin Care Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of CBD Skin Care Market

• Cannuka, LLC
• Earthly Body
• Josie Maran
• Kapu Maku LLC. (Populum)
• Kiehl’s
• LEEF
• Lord Jones
• Sephora USA, Inc.
• The CBD Skincare Co
• Kush Creams

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.

Demand for Microplate Reader Market Increasing in Most Part of World 2030

 Microplate Reader Market Growth & Trends 

The global microplate reader market size is expected to reach USD 809.2 million by 2030, expanding at a CAGR of 7.59% from 2023 to 2030, according to a new report by Grand View Research, Inc. Growth in research and development activities and rising investments in the biotechnology sector are boosting the adoption of microplate reading technologies. In addition, the global rise in the prevalence of infectious diseases and frequent disease outbreaks in endemic areas are anticipated to increase the demand for microplate readers for clinical diagnostics. 

Furthermore, microplate readers can offer high-throughput screening and enable an analysis of up to 3456 samples at a time. This leads to the minimization of the operational time and quantity of reagents required and allows for greater flexibility for data analysis and interpretation. As a result, applications of microplate readers in research activities are expected to rise, as evidenced by the launch of several research-oriented products in this domain. For instance, in February 2022, BMG LABTECH launched its VANTAstar reader for applications in life sciences research activities. In addition, an increasing preference for multi-mode readers is expected to fuel market growth in the near future as these readers offer flexibility, cost efficiency, and the convenience of using a multipurpose instrument instead of multiple dedicated instruments. 

The COVID-19 pandemic has increased the demand for point-of-care and rapid testing methods for disease surveillance and management of outbreaks. Furthermore, there has been an increase in the focus on the development of cost-effective, portable, and easy-to-use analytical devices, such as microplate readers, for supporting diagnostic testing activities. For instance, in November 2020, Enzo Biochem launched a portable reader compatible with the company’s immunoassays and molecular diagnostic assays. As microwell plates are frequently used in enzyme-linked immunosorbent assays and molecular tests, such developments are expected to boost the demand for COVID-19-related applications of microplate readers.

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Microplate Reader Market Report Highlights

• In terms of product, the single-mode readers segment held the largest share of over 60.0% in 2022 due to the widespread presence and established the utility of microplate techniques and the cost-efficiency of single-mode readers over multi-mode readers
• By application, the drug discovery segment accounted for the largest share of over 40.0% in 2022. High throughput capabilities of microplate systems and increasing adoption of automation in these instruments are driving the segment
• North America held the largest share of over 40.0% in 2022 due to the high research and development investments, availability of an established commercial infrastructure for pharmaceutical and biotechnology companies, and presence of key players in the region
• Based on end-use, the pharmaceutical and biotechnology companies and CROs segment dominated the market in 2022 due to the increasing investments in the biopharmaceutical sector and emerging applications of microplate-based technologies in cell-based assays 

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Microplate Reader Market Segmentation

Grand View Research has segmented the global microplate reader market based on product, application, end-use, and region: 

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

• Single-mode Readers
  • Absorbance Microplate Readers
  • Fluorescence Microplate Readers
  • Luminescence Microplate Readers
  • Others
• Multi-mode Readers
  • Filter-based Microplate Readers
  • Monochromator-based Microplate Readers
  • Hybrid Microplate Readers

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

• Genomics & Proteomics Research
• Drug Discovery
• Clinical Diagnostics
• Others

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

• Pharmaceutical & Biotechnology Companies & CROs
• Academic & Research Institutions
• Others

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

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

List of Key Players of Microplate Reader Market

• Danaher Corporation
• Thermo Fisher Scientific, Inc.
• BMG Labtech
• PerkinElmer, Inc.
• Promega Corporation
• Bio-Rad Laboratories
• Lonza
• Agilent Technologies, Inc.
• Enzo Life Sciences
• Berthold Technologies GmbH & Co. KG

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.

Nail Art Printer Market to Reach $673.4 Million by 2028: Grand View Research Inc.

 Nail Art Printer Market Growth & Trends

The global nail art printer market size is expected to reach USD 673.4 million by 2028, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.6% from 2021 to 2028. Rising demand for beauty parlors and salons is encouraging companies in the industry to launch innovative beauty products in the market. Penetration of mobile based salon services and rise in nail art applications in China and Japan are propelling the demand for nail art printers.

The pandemic shifted the focus of consumers towards self-care routines and possessing grooming habits. Several salon owners shifted their services online to cater the demand from consumers. The rising penetration of mobile based salon bookings has increased the demand for nail art printers for residential usage.

Salon owners are increasingly collaborating with influencers and other social media platforms to raise the demand for beauty services. The pandemic has increased the demand for home care devices in the market. For instance, Casio Japan is expected to launch its nail art printer in 2022 as a category under post pandemic beauty trends.

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Nail Art Printer Market Report Highlights

• Based on product, the nail art printer market is categorized into stamping printer and built-in computer printer variety. The built-in computer printer segment held the majority of share in 2020 owing to rising DIY beauty trends among millennials.
• In 2020, Asia Pacific held more than 40% market share owing to rising disposable income and increase in number of salon spas in the region. Also, the market in the region is expected to grow at a CAGR of 6.8% over the forecast period. Social media platforms are influencing working women and teenagers to try DIY nail art trends.High demand for nail care and manicure services in the region is expected to propel the market
• Europe held the second largest market share in 2020. In 2020, FingerNails2Go and its partners HP & NewVision announced to enter the Irish market with the distribution agreement with Millcregg
• The growing influence of modern culture trends has increased the demand for nail art among men in the country. Also, the launch of Helijia application enables consumers to connect with nail technicians for nail services at home
• In July 2019, Funai Electric Co. Ltd. launched a nail art printer which utilizes thermal inkjet technology

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Nail Art Printer Market Segmentation

Grand View Research has segmented the global nail art printer market based on product and region:

Nail Art Printer Product Outlook (Revenue, USD Million, 2016 - 2028)

• Built-in Computer Printer
• Stamping Printer

Nail Art Printer Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Online
• Offline

Nail Art Printer Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Nail Art Printer Market

• Funai Electric Co. Ltd.
• Guangzhou Taiji Electric Co. Ltd.
• Amy Beauty Equipment Manufacture
• Shenzhen Tuoshi Network Communications Co. Ltd.
• Nailgogo
• Yinghe Electronic Instruments Co. Ltd
• Koizumi Seiki Corporation
• FingerNails2Go
• AutoNail

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.

Pressotherapy Systems Market To Make Great Impact In The Near Future by 2030: Grand View Research Inc.

 Pressotherapy Systems Market Growth & Trends

The global pressotherapy systems market size is expected to reach USD 246.6 million by 2030, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.7% from 2022 to 2030. The primary reasons driving the development of the pressotherapy systems market are the increased use of acoustic wave and lipo-laser therapy as a result of people's changing lifestyles and an increase in the geriatric population. The growing demand for the pressotherapy systems market is driven by an increase in the obesity rate worldwide. For instance, according to the Centers for Disease Control and Prevention, the U.S. had around 28% and 29.40% obesity rates in 2019 and 2021 respectively.,. Obesity was observed in 29.8% of people aged 20 to 39.

The COVID-19 pandemic affected the growth of the pressotherapy systems market. Hospitals and specialty clinics offering pressotherapy treatment stayed closed throughout the lockdown period for more than a year. The pandemic had an impact on the aesthetics industry, as physicians were redeployed to treat COVID-19 patients, making it difficult for them to focus on regular patients. As a result of the lack of hospital staff and operation facilities, performing orthopedics and aesthetic procedures became difficult. Due to all these factors, there was a decrease in the need for pressotherapy systems as specialty clinics and spas offering pressotherapy treatment did not invest in the purchase of new systems.

Furthermore, many medical device companies in the region are increasingly introducing new pressotherapy systems to cater to demand for the non-invasive devices. For instance, in January 2019, the Baldan Group, a wellness company that deals with consultancy in the beauty industry and pharmacy business, announced the launch of InfraBaldan 3.0, the latest non-invasive technology, and a pressotherapy system. The system is designed to stimulate aerobic metabolism, generalized localized weight reduction, and happiness.

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Pressotherapy Systems Market Report Highlights

• Based on application, the veno-lymphatic circulation segment accounted for the largest market share of 29.6% in 2021, due to the system’s ability to treat venous diseases, such as venous hypertension and venous reflux
• The cellulite at different stages segment is expected to witness the fastest CAGR of 6.1% over the forecast period, owing to the growing demand for aesthetics surgeries and increasing beauty consciousness
• Based on the end-use, the specialty clinics segment dominated the market with a revenue share of 61.7% in 2021. The growth of the segment can be attributed to an increase in patient desire for specialist clinic treatments such as lymphatic drainage due to the availability of competent personnel and skilled doctors
• The specialty clinics segment is likely to witness the fastest growth rate of 5.1% from 2022 to 2030. Furthermore, the availability of modern pressotherapy equipment and instruments within these specialty clinics is projected to favor sector expansion in the future years
• North America accounted for the largest revenue share of nearly 35.5% in 2021. The rising obesity prevalence due to poor eating habits, as well as advancements in non-invasive treatment methods for fat reduction, are likely to drive market expansion
• In Asia Pacific, the market is anticipated to witness rapid growth over the forecast period with a CAGR of 6.9%. This is due to technological advancements, increased collaboration among global firms, and the growth of their primary product distribution networks, such as compression pumps

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Pressotherapy Systems Market Segmentation

Grand View Research has segmented the global pressotherapy systems market based on application, end-use, and region:

Pressotherapy Systems Application Outlook (Revenue, USD Million, 2017 - 2030)

• Veno-Lymphatic Circulation
• Adiposity Edema
• Cellulite at Different Stages
• Reduction of Swelling
• Tired Legs
• Others

Pressotherapy Systems End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Hospitals
• Specialty Clinics

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

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

List of key players in the Pressotherapy Systems Market

• Devon Medical Products Inc.
• BioMatrix Healthcare Pvt Ltd.
• Guangzhou Creatbeauty Technology Co. Ltd.
• HEAT Spa Kur Therapy Development Inc.
• DJO Global Inc.
• Doris Electronic Technology Co. Ltd.
• Novasonix Technology Sl.
• Elettronica Pagani Srl
• Unmanned Aircraft Systems
• Youde Medical

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.

Content Analytics Market Latest Innovations, Drivers and Industry Key Events 2022 – 2030: Grand View Research Inc.

 Content Analytics Market Growth & Trends

The global content analytics market is expected to reach USD 26.48 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 19.4% from 2022 to 2030. The market is being driven ahead by the expanding demand for digitization in the government sector, the growing adoption of advanced analytics, and the significant expansion of business content across various business verticals.

Companies can use content analytics software to get various benefits such as quickly accessing and viewing information about the volume and nature of content creation and help them expand. Moreover, technological advancement by the key market players is expanding the content analytics market. For instance, In July 2020, LivePerson Inc., a provider of digital intelligence solutions, unveiled LP Insights, a text analytics tool that converts user-generated content and speech data into valuable insights.

Due to the increasing use of social media channels for customer outreach and advertising, social media analytics is anticipated to play a significant role in expanding the content analytics market over the forecast period. Furthermore, with the disruptive development of the Internet of Things (IoT) and big data technologies, the content analytics market is projected to experience substantial growth.

The development of cloud technologies is accelerating the growth of the content analytics industry. Many businesses are eager to acquire and deploy such software due to the ongoing changes in market trends for content analytics. Moreover, in comparison to all other market segments, cloud-based content analytics software is projected to grow with the largest market share over the forecasted period.

The increasing need for real-time content analytics by various companies is one of the significant prospects for the content analytics industry. Real-time content analytics help businesses understand consumer demand and market trends, enabling them to introduce their items to the market ahead of rivals. Moreover, players in the Content Analytics market are focusing on widening their portfolio to create novel solutions and technologies. This strategy helps them to proficiently cater to their end-users’ requirements and gain an advantage over their competitors. For instance, in December 2020, Microsoft launched Opinion Mining and Async Offerings for Text Analytics. Opinion Mining is utilized in the sentiment analysis feature of text analytics, and it extracts information about a product or service and the opinions related to them.

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Content Analytics Market Report Highlights

• The cloud segment accounted for a maximum share of 67.1% in 2021 and is likely to remain dominant throughout the forecast period. This can be attributed to the fact that the deployment via could is cost-effective, so even small and medium size organizations can easily afford it
• Social media analytics is predicted to play a significant role in the expansion of the content analytics market and is projected to grow at the fastest CAGR of 20.7% over the forecasted period due to the increasing use of social media channels for advertising and customer outreach
• The media & entertainment sector is projected to grow at the fastest CAGR of 24.2% over a forecasted period due to the development of big dataand real-time data in the content analytics market
• North America held the maximum revenue share of more than 54% in 2021, considering the disruptive development of big data technologies and the Internet of Things (IoT) in the region. Moreover, the growing e-commerce and rising presence of social networking in the area are expected to boost the market in the forecasted period

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Content Analytics Market Segmentation

Grand View Research has segmented the global content analytics market based on deployment, application, vertical, and region:

Content Analytics Deployment Outlook (Revenue, USD Million, 2017 - 2030)

• Cloud
• On-Premises

Content Analytics Application Outlook (Revenue, USD Million, 2017 - 2030)

• Text Analytics
• Web Analytics
• Speech Analytics
• Social Media Analytics
• Others

Content Analytics Verticals Outlook (Revenue, USD Million, 2017 - 2030)

• Banking Financial Services, and Insurance
• Healthcare
• Retail & Consumer Goods
• IT and Telecom
• Media & Entertainment
• Travel & Hospitality
• Government
• Others

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

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

List of Key Players in the Content Analytics Market

• Adobe Systems Inc.
• Clarabridge, Inc.
• International Business Machines (IBM) Corporation
• Microsoft Corporation
• NICE Systems Ltd.
• Oracle Corporation
• OpenText Corporation
• SAS Institute, Inc.
• SAP SE
• Verint Systems, 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.

Plastic Calendering Resins Market Set to Record Exponential Growth by 2030: Grand View Research Inc.

 Plastic Calendering Resins Market Growth & Trends

The global plastic calendering resins market size is anticipated to reach USD 29.8 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to exhibit a CAGR of 4.0% from 2022 to 2030. An increase in demand for flexible packaging across various sectors is expected to propel market growth.

The COVID-19 pandemic impacted the market for plastic calendering resins as production activities were halted worldwide. On a global scale, the outbreak disrupted the whole supply chain. But since calendered plastic was in huge demand during the pandemic owing to increased demand from healthcare and packaging, it led to a positive impact on the industry.

The recent Russia-Ukraine war has led to a rise in crude oil prices, which has affected the plastic resins industry globally. However, owing to the rising demand for plastic calendered products, the market is set to grow over the forecast period.

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Plastic Calendering Resins Market Report Highlights

• In terms of type, the PVC resins segment accounted for the largest revenue share of over 55.0% in 2021 and is expected to retain its dominance over the forecast period. The PET resin segment is expected to expand at the fastest CAGR of 3.8% over the forecast period owing to its unique properties such as recyclability, lightweight, water resistance, and shatterproof. Therefore, it is widely used in the packaging of food & beverages
• In terms of end-use, the food & beverages segment dominated the market with a share of over 30.0% in 2021 owing to the changing food habits, consumption patterns, and low cost of production post-pandemic
• The healthcare end-use segment is expected to expand at a CAGR of 4.3% over the forecast period
• In April 2020, NOVA Chemicals partnered with Revolution to fulfill the recycled plastic demand and produce plastic calendering resins for flexible food packaging and meet the requirements of the applications industry and consumers
• Asia Pacific dominated the market and accounted for a revenue share of over 30.0% in 2021 and is expected to retain its dominance over the forecast period. Asia Pacific is anticipated to expand at the highest CAGR over the forecast period. The market growth in this region is primarily attributed to the rising young population and increasing disposable income, especially in India and China. The increasing working population in these countries coupled with a fast life has given rise to packaged food and beverages, further propelling the demand for plastic packaging
• In 2022, Cosmo Films announced the setting up of a production plant worth USD 17,521,525 in Aurangabad for expanding film production for packaging applications
• Mergers & acquisitions, agreements, R&D activities, and expansions are the key strategies adopted by the companies over the past years. Sustainability being the key moving ahead, it is also a crucial factor that will drive the market over the forecast period. In 2019, Indorama Ventures announced the acquisition of a recycling plant in Athens. This strategic move was done in order to meet the growing demand for recycled plastic by securing the supply of the U.S. RPET. In 2021, LANXESS launched a high-performance sustainable plastic made from 92% sustainable raw materials, which have characteristics equivalent to the virgin polyamide 6 plastic

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Plastic Calendering Resins Market Segmentation

Grand View Research has segmented the global plastic calendering resins market based on type, end-use, and region:

Plastic Calendering Resins Type Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

• Polyvinyl Chloride (PVC)
• Polyethylene Terephthalate (PET)
• Polypropylene (PP)
• Polyethylene Terephthalate Glycol (PETG)
• Others

Plastic Calendering Resins End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

• Food & Beverages
• Automotive
• Healthcare & Medical
• Electrical & Electronics
• Construction & Buildings
• Furniture & Furniture Trim

Plastic Calendering Resins Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

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

List of Key Players of Plastic Calendering Resins Market

• Formosa Plastics Corporation
• Westlake Corporation
• Eastman Chemical Company
• Occidental Petroleum Corporation
• Shin-Etsu Chemical Co., Ltd.
• Avery Dennison Corporation
• Covestro AG
• Reliance Industries Limited
• LG Chem
• China Petrochemical Corporation
• SK Chemicals
• LOTTE Chemical Corporation
• Indorama Ventures Public Company Limited
• SABIC
• Orbia

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.

Coating Equipment Market is Estimated to Register a Strong CAGR of 5.3% from 2022 to 2030: Grand View Research Inc.

Coating Equipment Market Growth & Trends

The global coating equipment market size is expected to reach USD 25.99 billion by 2030, expanding at a CAGR of 5.3% over the forecast period, according to a new report by Grand View Research, Inc. The industry is expected to witness significant growth on account of the high application scope coupled with growing consumption from the automotive application.

COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact industry growth during the forecast period. COVID-19 has impacted consumer behavior, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments.

Growing demand for coating equipment from various applications such as automotive, aerospace, construction, and industries is anticipated to provide positive scope for market growth over the forecast period. Rapid industrialization in Asia Pacific is expected to further drive the demand for the product.

Low fuel costs and comparatively cheap airfares are attracting new fliers and increasing flying frequency, which in turn is driving the aerospace industry. Increasing research and development in the aviation and aerospace sector is further expected to drive the utilization of coating equipment.

Powder-based coatings are expected to witness growth due to their utilization in the automotive sector for vehicle parts, such as wheel rims and windshields. Moreover, powder-based coatings are environment friendly as they contain no solvents and hence no volatile organic compounds, which is expected to drive the market growth for coating equipment.

The key players across the industry are involved with manufacturing a completely automated system as well as components such as hand sprays and trolleys to meet consumer demand. Mergers and acquisitions supported the companies to improve their technical expertise and enabled them to offer enhanced products to consumers.

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Coating Equipment Market Report Highlights

• The construction application segment dominated the market as it accounted for 37.4% of the total revenue share in 2021 owing to the increasing urbanization and construction projects globally
• The specialty coating equipment led the product segment as it accounted for 47.6% of the total revenue share in 2021 due to the increased performance, anti-corrosion properties, and cost-effectiveness
• Automotive segment is expected to grow at a CAGR of 6.5% over the forecast period owing to increasing demand for electric vehicles and growing demand for low maintenance & economical coatings
• The Asia Pacific dominated the market in 2021, accounting for a share of 45.3%. The growing construction sector across the Asia Pacific region coupled with efficiency improvements in existing buildings and growing renovation activities
• In April 2022, Biocoat, Inc., a provider of hydrophilic biomaterial coatings and coating equipment, expanded into the design, development, and distribution of hydrophilic dip coating equipment. This will enable the company to expand its product offering

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

Coating Equipment Market Segmentation

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

Coating Equipment Product Outlook (Revenue, USD Million, 2017 - 2030)

• Specialty Coating Equipment
• Powder Coating Equipment
• Liquid Coating Equipment

Coating Equipment Application Outlook (Revenue, USD Million, 2017 - 2030)

• Automotive
• Aerospace
• Construction
• Industrial
• Others

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

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

List of Key Players in the Coating Equipment Market

• Nordson Corporation
• Gema Switzerland GmbH
• Wagner GmbH
• ANEST IWATA Corporation
• Carlise Companies Inc
• IHI Ionbond AG
• Statfield
• SAMES KREMLIN
• The Eastwood Company
• Graco Inc
• RED LINE INDUSTRIES LIMITED
• Pittsburgh Spray
• Reliant Finishing Systems
• ANEST IWATA USA, Inc.
• IHI HAUZE B.V.

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.