Monday, 11 March 2024

Foley Catheter Market Expected to Receive Greater Traction As Manufacturers’ Contribution Swells

 Foley Catheter Market Growth & Trends

The global foley catheter market size is expected to reach USD 2.57 billion by 2030, expected to expand at a CAGR of 5.81% during the forecast period, according to a new report by Grand View Research, Inc. The demand for foley catheters is anticipated to increase owing to the rising prevalence of urological diseases such as urinary incontinence, neurogenic bladder, growing incidence of spinal cord injuries, increasing elderly population, and favorable reimbursement policies.

The worldwide patient population faces a substantial healthcare challenge as a result of the COVID-19 pandemic. Patients suffering from different diseases have received subpar care as a result of limited access to medical services. The pandemic negatively affected sales of foley catheters. To stop the illness from spreading, surgeries are frequently delayed or even canceled. For instance, open and minimally invasive operations, endoscopic surgeries, clinic visits, and diagnostic procedures all fell by 40-100% in Italy, according to urology residents' research published in August 2021.

Additionally, residents in India reported a 90% drop in surgical volume, and more than 80% of them believed their education had been affected. According to the same source, a survey of urology residents in Latin America and Spain found that 15% had their urological service closed, with all activity devoted to COVID-19 patients. As a result, with the advent of the COVID-19 pandemic in 2020, foley catheter sales plummeted.

The majority of nations across the world have started to loosen lockup regulations and restart some elective surgeries, thus the market is anticipated to bounce back and expand over the projected period. Additionally, a high frequency of urologic disorders, technological improvements, strategic actions made by various players, and an increase in the elderly population are the primary drivers of the foley catheters industry expansion.

For instance, in June 2022, Sanford Health licensed its technology to InnoCare Urologics LLC. A Stanford health practitioner invented a urinary catheter for reducing damage from accidental pullout injuries. InnoCare has finished the necessary testing and has finalized the design with a manufacturer. Its next step is submission to the U.S. FDA to obtain market clearance.

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Foley Catheter Market Highlights

  • By product type, 2-way foley catheters accounted for the largest market share of 51.84% in 2022. The growth of the segment is due to the increasing prevalence of urological disorders such as urinary tract infections (UTIs), kidney and ureteral stones, rising preference for minimally invasive surgeries coupled with the rising geriatric population
  • Based on the end user, the hospital segment captured the largest market share with around 53.14% in 2022. The growth of this segment can mainly be attributed to a consequent rise in surgical procedures and an increase in the number of patients suffering from various chronic ailments.
  • Asia Pacific is expected to become the fastest-growing market for foley catheters with a growth rate of 6.49% during the 2022-2030 period, due to a large number of surgical procedures and the growing geriatric population in the region

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Foley Catheter Market Segmentation

Grand View Research has segmented the global foley catheter market based on product type, material, indication, end-user, and region:

Foley Catheter Product Type Outlook (Revenue, USD Million, 2018 - 2030)

  • 2-way Foley Catheters
  • 3-way Foley Catheters
  • 4-way Foley Catheters

Foley Catheter Material Outlook (Revenue, USD Million, 2018 - 2030)

  • Silicone Foley Catheters
  • Latex Foley Catheters

Foley Catheter Indication Outlook (Revenue, USD Million, 2018 - 2030)

  • Urinary Incontinence
  • Enlarged Prostate Gland/BPH
  • Spinal Cord Injury
  • Others

Foley Catheter End-user Outlook (Revenue, USD Million, 2018 - 2030)

  • Hospitals
  • Long Term Care Facilities
  • Others

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

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

List of Key Players in the Foley Catheter Market

  • Sterimed Group.
  • Angiplast Pvt Ltd
  • HEMC (Hospital Equipment Manufacturing Company)
  • Cardinal Health
  • Advin Health Care
  • AdvaCare Pharma
  • Teleflex Incorporated
  • GWS Surgicals LLP
  • BACTIGUARD AB
  • Medtronic
  • Convatec Inc.
  • Braun
  • VOGT MEDICAL
  • Ribbel International Limited 
  • R. Bard (BD)
  • Hollister Incorporated
  • Coloplast

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.

Barbeque Grill Market Expected to Deliver Dynamic Progression By 2030

 Barbeque Grill Market Growth & Trends

The global barbeque grill market size is expected to reach USD 6.97 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 4.8% from 2024 to 2030.. The growing shift in lifestyles & eating habits and the rising popularity of grilled food owing to its nutritional benefits is expected to lead to the growth of the industry. The steadily increasing number of barbeque (BBQ) concept restaurants across the world is anticipated to boost product demand.

The consumers, especially the young generation, like to taste and experiment with new and unique food dishes. And most barbeque restaurants are increasingly offering live cooking, extensive buffet spread, vibrant atmosphere, and great music, which is expected to favor the growth of the barbeque grill over the forecast period. According to National Restaurant Association, there were over 1 million restaurant locations in the U.S. in 2020 and the industry revenue is projected to reach USD 899 billion in 2022.

Additionally, manufacturers are redoubling their efforts to capture market share by offering smaller, utilitarian items designed for outdoor purposes, which will help boost the adoption of these barbeque grills. For instance, the FireWire is a flexible skewer made of stainless-steel cable that enables users to prepare kabobs, fold them into a marinating bag, and place them directly onto the grill. In addition, products such as the Maverick GL-01 Fluorescent Stainless-Steel Light is a clip-on light that can be clipped onto the side tray of an outdoor grill are useful accessories for barbeque grills.

The market for barbeque grills is growing at a significant pace. Barbeque grill includes gas, electric, and charcoal-based for cooking in household and commercial kitchens. The growing awareness among individuals regarding different food/cuisine is likely to build a positive market scenario for barbeque grills. The increasing culture of house parties across western countries is triggering the usage of cooking appliances such as grillers and fryers and, therefore, consumers these days are increasingly installing various cooking appliances at their residences.

By product, the electric segment is expected to expand at the highest CAGR from 2021 to 2028. Economic electricity accessibility and rising concerns about eco-friendly appliances are drawing the attention of consumers toward technology-led food cooking appliances and thus consolidating the demand for electric barbeque grills. The appliance is safer than other counter products as it avoids gas leaks and fire accidents. Further, these come along with rotisserie attachments and non-stick grill plates giving them greater functionality. They can also be used instantly without any pre-heating leading to increased convenience. Growing adoption of these appliances can be attributed to their features such as hassle-free fire ignition, automatic temperature adjustment, and safe & smokeless operation, among others.

Commercial application of barbeque grills is estimated to be the largest category during the forecast period. Rapid construction in the commercial segment particularly the hospitality sector is expected to favor the growth of the barbeque grill industry. Increasing working performance in the hotel industry has resulted in a rise in hotel construction activities. Additionally, restaurants, food stations, food joints, and other public eateries are leveraging the growth prospects for the BBQ grill market.

North America is the largest regional market for barbeque grills and contributed a share of 57.4% in 2021. Americans love to have cookout outdoor parties and enjoy entertaining families and friends. People living in there prefer barbeque grilling at home for various festivals and celebrations. As per the report of the Hearth, Patio, and Barbeque Association (HPBA), nearly 75% of U.S. adults owns grills or a smoker to better serve the needs of barbeque grill enhancing the growth of the regional market.

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Barbeque Grill Market Report Highlights

  • Based on product, the global BBQ grill market is segmented into gas, charcoal, and electric. Gas barbeque grill dominated the market with a share of 55.22% share in 2023. Gas is the most widely adopted product owing to its ability to run over different types of gases including propane, butane, and natural gases.
  • In terms of application, the commercial segment dominated the global BBQ grill market while the household application is projected to grow at the fastest CAGR during the forecast period 2024 - 2030.
  • Asia Pacific held a considerable market share in 2023 and is likely to grow at the highest pace over the forecast period. Growing demand for delicious cuisines, particularly from the younger generation in developing nations, and the growing hospitality industry including restaurants and hotels are driving the growth of the regional segment

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Barbeque Grill Market Segmentation

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

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

  • Gas
  • Charcoal
  • Electric

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

  • Household
  • Commercial

Barbeque Grill Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Supermarkets & Hypermarkets
  • Specialty Stores
  • Online
  • Others

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

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

List of Key Players of Barbeque Grill Market

  • Newell Brand Inc.
  • Spectrum Brands, Inc.
  • The Middleby Corporation
  • C. Bradley Co.
  • Traeger Grills
  • LANDMANN
  • Weber-Stephen Products LLC
  • Transform Holdco LLC
  • Empire Comfort Systems
  • RH Peterson Co.

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.

Hollow Fiber Filtration Market With Strong Application and Scope By 2030

 Hollow Fiber Filtration Market Growth & Trends

The global hollow fiber filtration market size is expected to reach USD 1.76 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 14.4% from 2024 to 2030. The rising demand for bioprocessing products, the availability of skilled professionals, and expanding growth opportunities in the biopharma sector are among the key factors expected to propel market revenue growth during the forecast period.

The rising prevalence of infectious diseases, combined with lower bio-manufacturing costs, has rekindled interest in the creation of single-use hollow fiber technologies that can be readily adaptable to continuous processing and to provide treatment for diseases such as cancer and the common flu. For instance, cancer.org estimates that there are 609,360 cancer deaths and 1.9 million new cases of cancer in the U.S. in 2022.

Furthermore, hollow fiber (HF) systems are used in the efficacy testing of a drug, and the absorptive membrane on the fiber wall is utilized to control the release of a drug. Moreover, hollow fibers also create effective drug carriers due to their high ratio of surface area to volume and loading flexibility. This is expected to fuel the growth of the hollow fiber filter market.

Hollow fiber filtration (HFF) is also used to treat domestic wastewater. This is expected to drive the hollow fiber filtration industry forward. By concentrating microorganisms inside individual hollow fibers, hollow fiber ultrafiltration is employed to test source water for naturally occurring protozoa and to purify drinking water. HFF works similarly to capillary and tubular filtration systems, but with a smaller tube size for greater flexibility. For instance, in April 2021, Researchers at the Indian Institute of Technology Guwahati developed a microfiltration method to remove microplastics from seawater, preventing the incorporation of plastic residues in edible salt retrieved from it.

The need for HFF to prevent a wide range of infections has increased as a result of the COVID-19 pandemic. The development of hollow fiber applications enabled the expansion of new approaches for the prevention and detection of the COVID-19 virus & other viral infections. For instance, as per the published article, in January 2022, due to its enclosed space air remediation to grab the aerosolized synthetic SARS-CoV-2 & pseudovirus particles, the HF membrane effectively removes synthetic COVID-19 virus from the air. Additionally, due to an increase in activities for R&D for HF membrane across the globe, driving the market growth.

Furthermore, there has been a distinguishable trend toward association in recent years, with players trying to form strategic associations to assist market growth. For instance, in June 2021, Repligen Corporation announced the acquisition of Polymem S.A. ("Polymem"), one of the largest manufacturing firms in the development and production of hollow fiber membranes & modules based in Toulouse, France. 

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Hollow Fiber Filtration Market Report Highlights

  • By membrane material, the polyethersulfone (PES) segment dominated the market with a revenue share of 35.7% in 2023 and is projected to exhibit the fastest CAGR during the assessment period.
  • By process, the reusable hollow fiber membranes segment dominated the market with a share of 53.5% in 2023.
  • By technology, the microfiltration segment held the largest revenue share of 52.4% in 2023. Microfiltration is a low-pressure technique for separating high-molecular-weight compounds from dissolved solids.
  • By end-use, pharmaceutical and biotechnology companies segment held the largest share of 44.5% in 2023.
  • North America dominated the regional market with a revenue share of 39.4% in 2023. During the projected period, the region is expected to retain its leadership.
  • In the future, the expansion of the market in the Asia Pacific region is anticipated to grow exponentially.

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

Hollow Fiber Filtration Market Segmentation

Grand View Research has segmented the global hollow fiber filtration market report based on membrane material, process, technology, application, end-use, and region:

Hollow Fiber Filtration Membrane Material Outlook (Revenue, USD Million, 2018 - 2030)

  • Polysulfone (PS)
  • Mixed Cellulose Ester
  • Polyvinylidene Difluoride (PVDF)
  • Polyethersulfone (PES)
  • Others

Hollow Fiber Filtration Process Outlook (Revenue, USD Million, 2018 - 2030)

  • Single-use Hollow Fiber Membranes
  • Reusable Hollow Fiber Membranes

Hollow Fiber Filtration Technology Outlook (Revenue, USD Million, 2018 - 2030)

  • Microfiltration
  • Ultrafiltration
  • Others

Hollow Fiber Filtration Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Virus or Viral Vector Filtration
  • Protein Concentration & Diafiltration
  • Cell Culture Harvest & Clarification
  • Raw Material Filtration
  • Others

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

  • Pharmaceutical & Biotechnology Companies
  • CMOs & CROs
  • Academic & Research Institutes

Hollow Fiber Filtration Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Hollow Fiber Filtration Market

  • Sartorius AG
  • Repligen Corporation
  • Danaher Corporation
  • Merck KGaA
  • Asahi Kasei Corporation
  • PARKER HANNIFIN CORP.
  • Cole Parmer
  • Sterlitech Corporation
  • Synder Filtration, Inc.
  • Meissner Filtration Products, 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.

PMS And Menstrual Health Supplements Market Size, Share, Trends, Analysis And Growth Forecast To 2030: Grand View Research Inc.

 PMS And Menstrual Health Supplements Market Growth & Trends

The global PMS and menstrual health supplements market size is expected to reach USD 35.0 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.7% from 2023 to 2030. One of the major factors contributing to the growth of the market is increased awareness among women about the health hazards related to menstrual health. Traditional diets these days are not able to meet daily nutrient requirements, hence, many physicians are recommending women add health supplements to their daily routine, thus increasing the market growth. The emergence of the COVID-19 pandemic led to increasing awareness about physical and mental health. Additionally, trending e-commerce has eased access to health supplements. Furthermore, industry players globally are focusing on the R&D of new nutritional products to meet market demand.

A study published in the General Psychiatry Journal suggests that 90% of women will experience mild to severe premenstrual syndrome in 2020. To help patients handle premenstrual syndrome, leading manufacturers in the field of PMS treatments are focusing on the consumption of vitamin and nutritional supplements. Years of studies show several vitamins and minerals, including vitamin B, vitamin C, magnesium, and calcium, are vital nutrients in treating PMS-related symptoms. Among all these nutrients, Vitamin B is the most essential and helps to lower PMS.

In 2022, Asia Pacific held a dominant revenue share. Demand for these supplements in the Asia Pacific region will be fuelled by the increasing number of PMS cases, thus giving rise to the general wellness trend. China held the largest share in the Asia Pacific market in 2022, followed by India and Japan. The Middle East and Africa is estimated to witness the fastest growth during the forecast period. Iran shows a high rate of PMS prevalence in the MEA. Numerous lucrative business opportunities are expected to arise as a result of the rising popularity of healthy lifestyles.

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PMS And Menstrual Health Supplements Market Report Highlights

  • The market is expected to grow due to increasing awareness regarding menstrual syndrome and adopting a healthy lifestyle
  • Based on product, combined nutritional supplements dominated the market in 2022. These products offer reliability, which makes them the first choice of recommendation by physicians
  • By consumer group, PMS held the largest share in 2022. This can be attributed to the rise in its prevalence globally. Other factors contributing to this growth include the effectiveness of nutritional supplements in controlling this condition
  • Consumers’ awareness regarding their nutritional needs has increased significantly as a result of the COVID-19 pandemic, and hence, they are beginning to recognize the value of nutritional supplements. As a result, it promotes sales growth
  • The MEA is expected to grow at the fastest rate during the forecast period. The rise in the prevalence rate contributes to the regional market growth

Access Press Release@ https://www.grandviewresearch.com/press-release/global-pms-menstrual-health-supplements-market

PMS And Menstrual Health Supplements Market Segmentation

Grand View Research has segmented the global PMS and menstrual health supplements market based on product, consumer group, formulation, sales channel, and region:

PMS And Menstrual Health Supplements Product Outlook (Revenue, USD Billion, 2017 - 2030)

  • Single Nutritional Supplements
    • Vitamins
    • Minerals
    • Herbal Supplements
    • Others
  • Combined Nutritional Supplements

PMS And Menstrual Health Supplements Consumer Group Outlook (Revenue, USD Billion, 2017 - 2030)

  • Premenstrual Syndrome (PMS)
  • Perimenopause

PMS And Menstrual Health Supplements Formulation Outlook (Revenue, USD Billion, 2017 - 2030)

  • Capsules/Tablets
  • Powder
  • Softgels
  • Others

PMS And Menstrual Health Supplements Sales Channel Outlook (Revenue, USD Billion, 2017 - 2030)

  • Online Sales Channel
  • Direct Sales Channel
  • Pharmacies/Drug Stores
  • Other Offline Channels

PMS And Menstrual Health Supplements Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List of Key Players of PMS And Menstrual Health Supplements Market

  • Herbalife International of America, Inc.
  • Pharmavite LLC
  • Nature’s Bounty
  • Amway
  • GNC Holdings, Inc.
  • USANA Health Sciences, Inc.
  • GlaxoSmithKline Plc
  • MetPPharmaAG
  • RBK Nutraceuticals Pty Ltd.
  • Archer Daniels Midland
  • Looni
  • DM Pharma

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.

Friday, 8 March 2024

Clear Aligners Market Is Expected To Accomplish A Valuation Of Around $32.35 Billion By 2030: Grand View Research Inc.

Clear Aligners Market Growth & Trends

The global clear aligners market size is expected to reach USD 32.3 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 30.08% over the forecast period. Clear Aligners are invisible and discreet braces developed from thermoformed materials like copolyester or polycarbonate plastic and CAD 3D printing technology, acting as an alternative to traditional braces. According to the FDA, the clear aligner system helps in positioning the teeth through continuous gentle force and is developed to treat mild to moderate malocclusion. According to WHO, malocclusion is the third most prevalent dental disease after dental caries and periodontal disease globally. Malocclusion of the teeth causes the problem of misalignment which can later lead to severe oral health complications like hard and soft tissue trauma. This condition is hereditary and can be passed from one generation to another.

Technological advancements and the growing demand for customized clear aligners are significant factors responsible for market growth. Companies like Align Technology and DynaFlex are constantly bringing newer computer-aided technology to the market. For instance, the launch of iTero which is a digital impression system, by Align Technology is assisting in developing accurate, effective, and customized clear aligners designed in accordance with the wearer’s comfort to treat mild to moderate misalignment conditions. According to an article published in Scielo.com in November 2018, the global prevalence of Class I malocclusions is 74.7%, Class II malocclusions are 19.56% and the rising prevalence of these conditions is assisting in the escalating demand for clear aligners.

The demand for customized clear aligners has witnessed a burgeoning growth, especially among teenagers. For Instance, the FDA-approved, Invisalign clear aligners developed by Align Technology, have been used in the treatment of 10.9 million people as of 2020 and worldwide Invisalign shipments were about 413,700 cases in 2020. To date, over 5 million teenagers have started orthodontic treatment with Invisalign clear aligners. This is because many teenagers prefer avoiding discomfort caused by the metal braces and also try to look esthetically appealing. The above-mentioned factors are cumulatively assisting in the overall robust market growth.

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Clear Aligners Market Report Highlights

  • The adults segment held the largest market share of 60.2% in 2023, however, teens segment is likely to exhibit a higher growth rate as teenagers are increasingly opting for clear aligners because of their inconspicuous characteristics and comfort
  • The standalone practitioners segment held the highest market share of 52.8% in 2023 as standalone practitioners are readily adopting clear aligner systems and are equipped with advanced digital technologies
  • The presence of invisalign made up of polyurethane is the primary factor responsible for segment dominance. Additionally, using polyurethane in a retainer application results in a device that will stay in a patient's mouth for a longer time and hold the teeth in place.
  • A major portion of distribution and sales of digitally automated clear aligners is through offline channels. The end-users are generally GDs, dental specialists, dental laboratories, orthodontists, and DSOs (dental service organizations)
  • North America dominated the market capturing 57.01% market share in 2023  owing to the increasing demand for new technologies, a large pool of key players, the rising prevalence of dental disorders, and advanced healthcare infrastructure
  • APAC region is expected to witness the highest CAGR over the forecast period due to the rising number of dental disorders and procedures

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

Clear Aligners Market Segmentation

Grand View Research has segmented the global clear aligners market on the basis of on age, material type, end-use, distribution channel, and region:

Clear Aligners Age Outlook (Revenue, USD Million, 2018 - 2030)

  • Adults
  • Teens

Clear Aligners Material Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Polyurethane
  • Plastic Polyethylene Terephthalate Glycol
  • Others

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

  • Hospitals
  • Stand Alone Practices
  • Group Practices
  • Others

Clear Aligners Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Online
  • Offline

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

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

List of Key Players in the Clear Aligners Market

  • Align Technology
  • Dentsply Sirona
  • Institute Straumann
  • Envista Corporation
  • 3M ESPE
  • Argen Corporation
  • Henry Schein Inc
  • TP Orthodontics Inc
  • SmileDirect Club
  • Angel Aligner

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.

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

 Mobile Accessories Market Growth & Trends

The global mobile accessories market size is expected to reach USD 148.81 billion by 2030, expanding at a CAGR of 6.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing demand for smartphones, as they are an effective means of communication around the globe, is expected to drive the market in the forecast period. In addition, increasing demand for wireless devices, coupled with frequent changes in technologies is driving the market in the near future. For instance, companies are coming up with the latest technologies such as wireless headsets and speakers. This has boosted the market demand for the industry in recent times. Furthermore, the increasing adoption of smartphones among teenagers has increased the demand for certain accessories such as mobile covers and headphones as they keep themselves updated with the changing technologies in the market.

The mobile accessories market is growing due to the higher adoption of mobile phones at the global level. According to a report published by sell cell, in 2021 global mobile phone sales reached 1748.8 million, which means 22.2% of the global population purchased a mobile phone in 2021. The factors driving the growth of the global market include increasing adoption of the IoT and AI technologies, as well as cutting-edge technological advancements in voice recognition systems, wireless audio devices, clip-on headphones, and precise integration of speech recognition software. The competition in the global mobile accessories market is increasing thus the manufacturers are focusing on innovative features and technologies in the product line like high video resolution, selfies, games, etc. All these features generate the demand for power banks, earphones, headphones, etc.

During COVID-19, lockdowns were enforced in many regions of the world, and people were forced to stay at home and restrict their activities. In addition, schools were shut down during the pandemic and there was a change in the behavior of people using mobile phones. A lot of classes and activities happened online. People who had normal phones changed their phones to smartphones. With the increasing popularity of smartphones, the use of digital apps is also becoming more common among users. For instance, according to a report published by sell cell, in 2021 1510.3 smartphones are sold as compared to 2020. 113.0 million People have updated their mobile phones in 2021. However, the market is expected to eventually return to the pre-pandemic situation as people resume their normal life. This trend is anticipated to impact positively during the forecast period.

The offline segment led the market share and is expected to witness progressive growth in demand during the forecast period. The offline segment accounted for the leading market share of more than 69.0% share of the overall revenue and is expected to witness significant growth in the near future. Increasing demand for costly devices such as smartwatches along with mobile camera lenses and perception of issues with the delivery of fragile items are the factors propelling the segment's growth. Traditional methods of shopping and difference in price in local retail outlets and other wholesale markets are the reasons for the segment growth.

The headphone segment is expected to register a CAGR of 7.3% during the forecast period. One of the most developing trends in the mobile industry at present is the growing sophistication of headphones.  It also fuels the market growth for unconditional connectors such as type-c USB Ports cables. Growing fitness consciousness among the young population has driven demand for sports and fitness headphones in recent times. The popularity of cheap headphones has increased among the economical consumer group due to a rise in traveling trends standalone. 

In 2022, Asia Pacific led with a market share of around 46.5% and is anticipated to witness a significant CAGR in near future. In Asia Pacific, China contributed to the majority of the share and accounted for 55.2% share of the overall revenue in 2022. Europe is the second-largest segment with a market share of around 21.0% in 2021. Western Europe is the dominant segment in Europe, due to the high purchasing power and fashion-conscious consumers in countries, such as Germany, and the U.K.

The market presents moderate to low entry barriers due to the presence of a large number of unstructured dealers in the market. The market is further driven by innovation in technology, mergers &  acquisitions, and joint ventures. The companies also spend a huge chunk of their revenue on research and development as the industry witnessed frequent changes in technologies. In order to gain a competitive edge, the market players must understand the need for the product among the consumers. 

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Mobile Accessories Market Report Highlights

  • The online segment is expected to attain the fastest CAGR from 2023 to 2030. The segment growth can be attributed to the increasing internet penetration in rural areas are anticipated to propel the segment growth.
  • The headphone segment is expected to attain the fastest CAGR from 2023 to 2030, Growing fitness consciousness among the young population has driven demand for sports and fitness headphones in recent times thus, it is anticipated to propel segment growth.
  • Asia Pacific led with a market share of around 46.5% and is anticipated to witness a significant CAGR in near future. In Asia Pacific, China contributed to the majority of the share and accounted for 55.2% share of the overall revenue in 2022.

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Mobile Accessories Market Segmentation

Grand View Research has segmented the global mobile accessories market based on the distribution channel, product type, and region:

Mobile Accessories Product Type Outlook (Revenue, USD Billion; 2017 - 2030)

  • Headphone
  • Charger
  • Power Bank
  • Protective Case
  • Others

Mobile Accessories Distribution Channel Outlook (Revenue, USD Billion; 2017 - 2030)

  • Online
  • Offline

Mobile Accessories Regional Outlook (Revenue, USD Billion; 2017 - 2030)

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

List of Key Players in Mobile Accessories Market

  • Belkin International Inc.
  • Harman International Industries
  • Aukey
  • Groove Made Walnut
  • Anket Power Core
  • UE Boom
  • Samsung
  • Apple Inc.
  • Google
  • SanDisk

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 Meningitis Diagnostic Testing Market to Register Stable Expansion During 2023 – 2030: Grand View Research Inc.

 Meningitis Diagnostic Testing Market Growth & Trends

The global meningitis diagnostic testing market size is expected to reach USD 154.06 million by 2030, according to a new report by Grand View Research, Inc, registering a CAGR of 3.68% over the forecast period. The growth of the market is accredited to the rising awareness among the people about early disease diagnosis and increasing demand for rapid diagnosis coupled with the high accuracy of the test. Moreover, the increasing government support to reduce the burden of disease and the rising number of diagnostic centers are other factors fueling market demand.

The increasing prevalence of infectious diseases, and HIV is increasing the risk of developing meningitis, which is increasing the demand for meningitis diagnostic tests, worldwide. For instance, according to the WHO, over 38.4 million people were living with HIV worldwide in 2021. In addition, according to CDC in 2020, around 30,635 people received HIV diagnoses in the U.S. High number of HIV infections may increase the testing rate for meningitis. Moreover, EV meningitis is estimated to result in around 30,000-50,000 hospitalizations every year in the U.S.

Thus, such a high incidence of target diseases is pushing manufacturers to develop precise diagnostic solutions. For instance, Cepheid offered Xpert EV, a fast molecular in vitro diagnostic EV test, which provides results in 2.5 hours with optimum sensitivity and specificity. Similarly, M-DiaMult of Diagenode Diagnostics is a type of PCR- CE-IVD kit that detects many bacterial infections including Neisseria meningitidis.

Meningitis infection has emerged as a global issue owing to its long-term consequences and high mortality rate. The government is offering active support to provide sophisticated diagnostic tests and treatment regimens to eradicate the disease. For instance, the Meningitis Research Foundation and the CDC offer referral diagnoses for different infectious diseases such as tuberculosis, malaria, and meningitis among others that are not available in hospitals. Thus, such government initiatives to promote the diagnosis of various infectious diseases are likely to offer lucrative growth opportunities for the market.

Furthermore, the surge in the healthcare sector developments and growing technological advancements in diagnostic tests are likely to offer robust growth opportunities for the market. For instance, in July 2022, Abacus Diagnostica, a leader in molecular diagnostic testing, launched a novel rapid PCR test in Europe markets for the quick identification of viruses causing encephalitis and meningitis. This newly launched test allows healthcare professionals to identify the most common virus those causes meningitis in a span of 70 minutes. The introduction of rapid tests with high accuracy is anticipated to propel the market growth in the coming years.

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Meningitis Diagnostic Testing Market Report Highlights

  • PCR assay segment held the largest market share in 2022 owing to a high preference for PCR tests and higher sensitivity and lower turnaround times of the test
  • Lateral flow assay is expected to be the fastest segment during the coming years due to the increasing adoption of rapid tests at different healthcare facilities
  • Hospitals segment was the leading revenue contributor during the base year and its high revenue is attributed to increasing access to novel diagnostic technologies and improved healthcare coverage
  • The diagnostic centers segment is anticipated to exhibit the fastest growth rate owing to the surge in the burden of infectious diseases and the increasing adoption of technologically advanced products
  • Asia Pacific is expected to exhibit the fastest growth over the forecast period due to rising investments in the region and ongoing trials in the region

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Meningitis Diagnostic Testing Market Segmentation

Grand View Research has segmented the global meningitis diagnostic testing market based on test type, end-user, and region:

Meningitis Diagnostic Testing Test Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Latex Agglutination Tests
  • Lateral Flow Assay
  • PCR Assay
  • ELISA Tests
  • Culture Test
  • Others

Meningitis Diagnostic Testing End-User Outlook (Revenue, USD Million, 2018 - 2030)

  • Hospitals
  • Diagnostic Centers
  • Others

Meningitis Diagnostic Testing 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
    • South Korea
    • Australia
    • Thailand
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait

Key Players in the Meningitis Diagnostic Testing Market

  • Thermo Fisher Scientific, Inc.
  • Bio-Rad Laboratories, Inc.
  • Abbott
  • ELITechGroup
  • Seegene Inc.
  • Luminex Corporation
  • CERTEST BIOTEC
  • IMMY
  • Uniogen Oy

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.

Robotic Vacuum Cleaner Market Poised to Expand at a Robust Pace of $29.82 Billion Over 2030: Grand View Research Inc.

 Robotic Vacuum Cleaner Market Growth & Trends

The global robotic vacuum cleaner market size is expected to reach USD 29.82 billion by 2030, expanding at a CAGR of 23.4% from 2022 to 2030, according to a new report by Grand View Research, Inc. The increasing number of working women, growing purchasing power for innovative products, and ease of usage are major factors supporting the market growth. The growing trend of smart homes acts as a major supporting factor for market growth. The launch of new products also promises tremendous opportunities for market growth. These continue to gain traction among millennials and tech-savvy consumers.

Flexibility in the usage of robotic vacuum cleaners is estimated to drive the market over the forecast period. For instance, in December 2018, Neato Robotics announced the launch of Neato Zone Cleaning for the Botvac D7 Connected and the No-Go Lines feature for Botvac D3 Connected. With the help of the zone cleaning feature, consumers can highlight the portion or a dedicated area for active cleaning. Whereas, with the help of the No-Go line, consumers can create a no-go zone. This innovation is offering flexibility to users for the effective use of the product.

The growing trend of integration of devices with virtual assistance devices is creating opportunities for manufacturers in the market. Players are introducing this technology to gain a greater market share. For instance, in September 2019, iRobot updated the Amazon Alexa & IFTTT functionality in Wi-Fi-enabled Roomba robots in India and other developing countries. Consumers can start, stop, and pause with the help of voice activation commands.

In terms of type, the pool vacuum cleaner is estimated to expand at a CAGR of 23.1% from 2022 to 2030. Consumers are more inclined towards pool vacuum cleaners to remove rough debris with the brushing system, which also helps in removing bacteria and algae from pool surfaces, including floors and walls. As per Maytronics, there are around 25.5 million pools worldwide and around 19 million pools are cleaned without robots. This is creating significant growth opportunities for the market.

Offline distribution channels hold a significant share of the global market. This is attributed to the rising number of electronics and appliance specialty stores, resulting in increasing shelf space for marketing products. Consumers are more inclined to purchase of products from stores to find the right fit and understand the mechanism and functionality. Moreover, consumers can get a demo of the working pattern of the product. Sales representatives at the stores help consumers to find the right product as per their needs.

Europe emerged as the second-largest regional market in 2019. Countries such as Germany and U.K. are supporting the growth in the region. Consumers’ willingness to spend on added value and innovative small electronic appliances simplifying life is the major factor fueling the regional market growth.

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Robotic Vacuum Cleaner Market Report Highlights

  • By type, floor vacuum cleaner led the market and accounted for a 60.6% share of the global revenue in 2021. The market is mainly driven due to its efficiency to remove even the tiny particles that may cause health issues along with its cost-efficiency
  • By distribution channel, the online segment is expected to witness the fastest growth of 23.7% throughout the forecast period. Online distribution channels are expanding owing to the rise in social media marketing. Rising direct-to-consumer offerings are also driving the expansion of the online segment
  • Asia Pacific is expected to register the fastest CAGR of 25.2% from 2022 to 2030. The expansion of the industry in the region is partly a result of the growing popularity of online shopping and e-commerce

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

Robotic Vacuum Cleaner Market Segmentation

Grand View Research has segmented the global robotic vacuum cleaner market report based on type, application, distribution channel, and region:

Robotic Vaccum Cleaner Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Floor Vacuum Cleaner
  • Pool Vacuum Cleaner

Robotic Vaccum Cleaner Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Residential
  • Commercial
  • Industrial

Robotic Vaccum Cleaner Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

  • Offline
  • Online

Robotic Vaccum Cleaner Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Players in the Robotic Vacuum Cleaner Market

  • iRobot Corporation
  • Ecovacs Robotics
  • Xiaomi Corporation
  • Beijing Roborock Technology Co., Ltd.
  • SharkNinja Operating LLC
  • Neato Robotics, Inc.
  • Cecotec Innovaciones S.L.
  • Panasonic Corporation
  • Samsung Electronics Co., Ltd.
  • Dyson 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.

Thursday, 7 March 2024

Catalyst Carrier Market Report | Business Growth 2030

 Catalyst Carrier Market Growth & Trends

The global catalyst carrier market size is expected to reach USD 798.9 million by 2030, expanding at a compound annual growth rate (CAGR) of 7.7% over the forecast period, as per the new report by Grand View Research, Inc. The growth is majorly driven by increased usage of petroleum and its derivatives along with the growing energy demand, especially in fast emerging economies.

Customized catalyst carriers may now be produced by product manufacturers, as a result of rising demand across end-use sectors. These catalysts are now readily accessible due to consumer demand and industry-specific needs. Moreover, catalyst carriers with additional qualities and chemical compositions are made available to end users based on demand to suit the particular requirements needed during catalytic reactions. These are available in a variety of material forms, including extrudate and powdered, among others.

The increasing demand for gasoline around the world along with the limited supply of raw materials used in its production results in the emergence of the use of catalysts. This, in turn, eventually helps in the increasing demand for various types of products. Such factors are responsible for the overall growth of the product market.

With few exceptions, manufacturing companies relied on a small number of suppliers to meet their demand for raw materials, over the past ten years. Due to the invasion of Ukraine by Russia, as well as the COVID pandemic, and inflation; the procurement risk has increased, which is visible in recent years when there was a lull in trade due to these factors.

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Catalyst Carrier Market Report Highlights

  • Oxides type are likely to witness the fastest CAGR-driven growth of more than 7.9% during the 2023-2030 period, as it promotes enhancements in various chemical processes, especially hydrogenation of certain metals and chemicals
  • Chemical manufacturing segment is anticipated to witness the fastest CAGR of 7.9% during the 2023-2030 period, as there has been an increasing production due to higher demand for various chemicals around the world
  • Asia Pacific region is expected to witness a notable CAGR of 6.4% driven growth during the 2023-2030 period, as compared to other regions, due to higher production of chemicals in the region coupled with the presence of a large number of manufacturers of catalyst carriers
  • Due to the ongoing tension between Russia and Ukraine, the chemical industry is one of the most affected industries. According to AG Chem Group, the conflict has evident effects as energy as well as raw materials prices have gone up, as a result having a bad impact on the global economy and the chemical sector

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

Catalyst Carrier Market Segmentation

Grand View Research has segmented the global catalyst carrier market based on type, end-use, and region:

Catalyst Carrier Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Carbon-based
  • Oxides
  • Zirconia
  • Other Types

Catalyst Carrier End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Oil & Gas
  • Chemical Manufacturing
  • Petrochemicals
  • Automotive
  • Other End Use

Catalyst Carrier 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
    • South Korea
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • Saudi Arabia
    • South Africa

List of Key Players in the Catalyst Carrier Market

  • Clariant
  • Cabot Corporation
  • Saint Gobain Group
  • NORITAKE CO., LIMITED
  • CeramTec GmbH
  • Almatis B.V.
  • CoorsTek, Inc.
  • Sasol Limited
  • Petrogas International
  • Calgon Carbon Corporation
  • Ultramet
  • SINOCATA
  • JGC C&C
  • Devson Catalyst
  • Porocel
  • C&CS

About Grand View Research

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

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

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