Digital Transformation Market Pegged For Strong Growth During the Forecast Period: Grand View Research Inc.

Digital Transformation Market Growth & Trends

The global digital transformation market size is anticipated to reach USD 4,617.78 billion by 2030 and it is projected to grow at a CAGR of 27.6% from 2024 to 2030, according to new report by Grand View Research, Inc.Digital transformation assists companies in improving their brand reputation, customer experience, and customer retention ratios. These solutions also help end-user companies in education and training their employees to improve their productivity and speed up the organization’s journey to achieve business objectives. Furthermore, with the implementation of digital transformation solutions, organizations can meet the evolving market needs and improve their business profitability. Further, the market growth is particularly driven by rising companies’ investments in big data, mobility, and cloud technologies to develop advanced Digital Experience Platforms (DXPs).

The growing use of mobile devices and their applications has transformed the various aspects of modern life. Across the globe, organizations and enterprises are shifting from traditional brick-and-mortar operations to digital operations, driving the market growth. Furthermore, the emergence of novel technologies such as the Internet of Things (IoT), Robotic Process Automation (RPA), Machine Learning (ML), and Artificial Intelligence (AI), has increased the importance of mobile applications. The way businesses operate has changed dramatically in recent years, which is why having an attractive and innovative mobile application improves the way target clients interact and engage with services that the company offers. Further, consumers now have access to different types of apps and are provided under digital transformation solutions due to increasing smartphone adoption, creating positive outlook for the market.

The COVID-19 pandemic has forced various businesses to opt for cloud technology for remote working. This has resulted in growing demand for cloud services creating a favorable environment for market growth. This has resulted in the increased adoption of cloud services to ensure business continuity. Businesses are renewing their contracts with cloud service providers while anticipating an increase in cloud migrations and, in some cases, an acceleration in cloud transformation from their customers. The widespread adoption of a number of digital-first payment methods highlights the paradigmatic shift led by the pandemic. The Buy Now, Pay Later (BNPL) trend has witnessed increased popularity in 2020 & 2021. During the pandemic, Fintech innovation has not only helped meet the changing needs of consumers but also ensured that financial services were made easily available to those who needed them the most, creating robust opportunities for market growth.

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Digital Transformation Market Report Highlights

• Based on solution, the social media segment is expected to grow at a fastest CAGR of 29.5% over the forecast period. The growing number of users of social media platforms, the shifting focus of end-user companies on improving their brand identity through creative advertisements on social media platforms, and advancements in social media tools are driving the segment growth
• Based on service, the professional services segment is expected to grow at a fastest CAGR of 29.2% over the forecast period as these services help organizations in digitizing their business operations. The professional services help end-user organizations select proper digital transformation solutions, manage the operations of cloud-based digital transformation solutions, address client issues, and effective resource utilization, among other assistance
• Based on deployment, the hosted segment is expected to grow at a CAGR of 30.8% over the forecast period. The proliferation of cloud-based digital transformation solutions, cloud technology’s various benefits such as minimum hardware requirement, low operating costs, & easy accessibility, and rising public & private investment in cloud platforms are driving the segment growth
• Based on enterprise, the small & medium-sized enterprises (SMEs) segment is expected to grow at a fastest CAGR of 29.2% over the forecast period. The increasing importance of digital technologies and the availability of low-cost digital transformation solutions are driving the market growth among SMEs
• Based on end-use, the healthcare segment is expected to grow with a fastest CAGR of 29.4% during the forecast period. Digital transformation is anticipated to improve the quality of patient care. The COVID-19 pandemic propelled the adoption of advanced medical technologies such as remote patient monitoring, telemedicine, virtual reality, and neurotechnology, supporting the segment's growth
• The Asia Pacific market is expected to grow at a remarkable CAGR of 30.3% during the forecast period, owing to the expansion of the e-commerce industry, government investments in digital infrastructure, and the growing use of process automation tools powered by the latest technologies, such as AI, ML, Blockchain, and cloud computing.

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Digital Transformation Market Segmentation

Grand View Research has segmented the global digital transformation market based on solution, service, deployment, enterprise size, end-use, and region:

Digital Transformation Solution Outlook (Revenue, USD Billion, 2018 - 2030)

• Big Data & Analytics
• Artificial Intelligence (AI)
• Cyber Security
• Cloud Computing
• Mobility
• Social Media
• Others (Internet-of-Things (IoT), Blockchain)

Digital Transformation Service Outlook (Revenue, USD Billion, 2018 - 2030)

• Professional Services
• Implementation & Integration

Digital Transformation Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

• Hosted
• On-premise

Digital Transformation Enterprise Outlook (Revenue, USD Billion, 2018 - 2030)

• Large Enterprise
• Small & Medium Enterprise

Digital Transformation End-use Outlook (Revenue, USD Billion, 2018 - 2030)

• BFSI
• Government
• Healthcare
• IT & Telecom
• Manufacturing
• Retail
• Others (Education, Media & Entertainment, Transportation, Travel & Hospitality)

Digital Transformation Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Players in Digital Transformation Market

• Accenture plc
• Adobe Systems Inc.
• Broadcom, Inc.
• Cisco Systems, Inc.
• Dell EMC
• Dempton Consulting Group
• Google Inc.
• Happiest Minds
• Hewlett Packard Enterprise Co.
• International Business Machines Corporation
• Kellton Tech Solutions Ltd.
• Microsoft Corporation
• Salesforce, Inc.
• SAP SE
• TIBCO Software

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.

Adhesives And Sealants Market to Reap Excessive Revenues By 2030

Adhesives And Sealants Market Growth & Trends

The global adhesives and sealants market size was estimated at USD 107.27 billion in 2030 and is expected to grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2030. Rising investments in construction and infrastructure is projected to play a key role in the expansion of the global adhesive & sealants industry. 

The positive outlook of infrastructure projects across Asia, the U.S., the Middle East, and Eastern Europe is likely to fuel the demand for adhesives and sealants over the coming years. With environmental regulations forcing industry participants to adopt eco-friendly products, water-based and non-solvent products are projected to gain greater prominence in the market in the near future.

Increasing infrastructure spending across residential and commercial sectors worldwide is propelling the installation of different types of flooring such as resilient and wooden, which, in turn, is fueling the consumption of adhesives and sealants. The rising need for residential space on account of the increasing population as well as the rising standard of living is leading toward the growth of the global industry. 

The adoption of adhesive products is substituting the usage of mechanical fasteners in industries such as automotive, aerospace, and packaging. The use of such products instead of conventional equipment offers a reduction in the final weight of the product, which has become a key focus area in the automotive and aerospace industries over the last half a decade. Most formulators in the packaging industry also rely on adhesives rather than heavy bolting techniques to minimize their freight charges. 

The major demand arises across multiple application scopes as buyers from diverse fields demand high-quality, sustainable, and eco-friendly products. The demand is high for adhesives & sealants, which have lower levels of Volatile Organic Compounds (VOCs), give out fewer emissions, and provide aesthetic bonding solutions across numerous substrates, simultaneously meeting international and regional government regulations. Water-based products are considered environment-friendly since they contain zero VOCs. They also provide good long-term high temperature and moisture resistance.

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Adhesives And Sealants Market Report Highlights

• Adhesives accounted for a revenue share of over 86% in 2022 in the global market. The market is projected to grow on account of rising construction spending around the world, owing to growing demand in applications such as flooring, carpet laying, countertop lamination, and drywall lamination, etc
• In terms of volume, Asia Pacific was the largest regional market in 2023 and is anticipated to maintain its dominance over the forecast period. The growth of the region is primarily attributed to the expansion of industrial sectors in countries such as China, India, South Korea, Indonesia, and Singapore among others
• Paper & packaging application segment accounted for a volume share of 29.38% in 2023, in global adhesives demand. Rising demand for flexible packaging for end-use industries such as food & beverage and consumer is projected to benefit the expansion of the segment
• The water-based technology segment is projected to grow on account of excellent joining quality and fast set speed and reduction in the usage of solvent-based technology formulations. This segment is likely to grow at a CAGR of 6.5% from 2023 to 2030, in terms of revenue

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Adhesives And Sealants Market Segmentation

Grand View Research has segmented the adhesives and sealants market report based on product, technology, application, and region

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

• Water Based
• Solvent Based
• Hot Melt
• Reactive & Others

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

• Acrylic
• PVA
• Polyurethanes
• Styrenic block
• Epoxy
• EVA
• Others

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

• Paper & packaging
• Consumer & DIY
• Building & construction
• Furniture & woodworking
• Footwear & leather
• Automotive & transportation
• Medical
• Others

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

• Silicones
• Polyurethanes
• Acrylic
• Polyvinyl acetate
• Others

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

• Construction
• Automotive
• Packaging
• Assembly
• Consumers
• Others

Adhesives & Sealants Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in Adhesives And Sealants Market

• 3M Company
• Ashland Inc.
• Avery Denison Corporation
• H B Fuller
• Henkel AG
• Sika AG
• Pidilite Industries
• Huntsman
• Wacker Chemie AG
• RPM International Inc.

About Grand View Research

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

Facial Recognition Market Primed to Hit $15.84 Billion by 2030

 Facial Recognition Market Growth & Trends

The global facial recognition market size is expected to reach USD 15.84 billion by 2030 according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 14.9% from 2023 to 2030. Facial recognition is a contactless biometric solution that is a critical factor contributing the market growth. Contactless solutions enable easy deployment in consumer devices. It is also effortless and convenient to use, further contributing to rising adoption. Apart from individual identities, the technology can gather demographic data on crowds; thus, increasing its usability. Such factors are anticipated to drive market growth.

Facial recognition is highly used for security and law enforcement applications, as it is led mainly by the need to combat terrorism and crime. For instance, in the U.S., 26 states permit law enforcement agencies to access facial recognition systems to perform searches against the databases of ID photos and driver’s licenses, to find drug dealers, bank robbers, amongst others who have left behind the images on social media platforms. Also, facial recognition CCTV systems are being used to improve performance in conducting public security missions, such as find missing children or adults, identifying and tracking criminals, and accelerating investigations. Furthermore, the trend of KYC (Know-Your-Customer) has undoubtedly boosted the growth of facial recognition in retail and marketing.

Facial recognition technology is being combined with the latest marketing advancements to improve customer experience. For instance, in April 2021, Sberbank, a Russian banking company, is expanding its footprints in food delivery, taxi services, cloud computing, and cybersecurity. For this, the company launched facial recognition payments known as face pay to make payments using at a glance pay option during checkout. Thus, offering a quick payment service compared to paying with cash or a payment card. Therefore, the market has a vast opportunity in different verticals, including security and surveillance, healthcare, retail, and transportation. For another instance, in June 2019, Ayonix Corporation launched its IP camera-embedded application, namely the AICam Platform. The application can execute high-performance face detection and matching. The company demonstrated this product at the annual security technology conference called ISC West.

3D recognition is a newly emerging trend in the market for facial recognition that aims to provide more accuracy and better authentication. 3D facial recognition uses the unique characteristics of an individual’s face, such as the face curves, the shape of the nose, the chin, to identify the individual. With the introduction of 3D facial recognition, identification has taken a step toward recognizing an individual’s face even if it is dark and can identify the person at different angles (up to 90 degrees). Although 2D face recognition has made significant progress over the years, its accuracy and authenticity are highly dependent on the conditions of light and individual poses. For instance, Ayonix Corporation (Japan) is a developer of 3D face recognition technologies. It uses an algorithm that converts 2D still images or videos into data, which is then analyzed to reconstruct faces in 3D form. It also has a patented 3D recognition engine that captures a facial image and identifies critical points at the eyes, nose, and mouth. Besides, it can identify age, gender, and person-specific features from the image and match them from the images stored in databases to generate a matching score between 0.0 and 0.1.

The Asia Pacific (APAC) region is estimated to project the highest growth rate in the market. This is due to the increased adoption of facial recognition technology in different verticals. For instance, in September 2019, NEC Corporation, Japan-based biometry solutions provider, announced a partnership with Seven Bank, Ltd., a Japanese Bank, to develop ATMs that incorporate facial recognition technology. In addition to facial recognition technology, other technologies used for the development of ATMs include Artificial Intelligence (AI), the Internet of Things (IoT), and QR codes. IoT and AI would help in detecting warning of component failures and predicting cash demand more accurately, which would further help in streamlining ATM operations.

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Facial Recognition Market Report Highlights

• End-use industries have started integrating facial recognition into their business processes to streamline their operations. Facial recognition technology is gaining momentum as it assists end-user organizations to become more efficient and result-oriented. The growing adoption of facial recognition is encouraging new entrants to venture into the marketplace by offering niche application-specific products and solutions
• In terms of technology, the 3D segment captured the largest revenue share in 2022. The technology is gaining popularity due to its attributes such as detection efficiency and high accuracy, which makes it suitable for high-security areas such as airports, education and research, retail, healthcare, and police services.
• The banking and financial services industry is one of the major verticals for the deployment of facial recognition technology as consumers are increasingly transitioning towards mobile banking. Financial institutions use facial-recognition software to provide an additional layer of security to mobile banking applications to authenticate users

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Facial Recognition Market Segmentation

Grand View Research has segmented the global facial recognition market based on technology, application, end-use, and region:

Facial Recognition Technology Outlook (Revenue in USD Million, 2017 - 2030)

• 2D
• 3D
• Facial Analytics

Facial Recognition Application Outlook (Revenue in USD Million, 2017 - 2030)

• Emotion Recognition
• Attendance Tracking and Monitoring
• Access Control
• Security & Surveillance
• Others

Facial Recognition End-use Outlook (Revenue in USD Million, 2017 - 2030)

• Retail & E-commerce
• Media & Entertainment
• BFSI
• Automobile & Transportation
• Telecom & IT
• Government
• Healthcare
• Others

Facial Recognition Regional Outlook (Revenue in USD Million, 2017 - 2030)

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

List of Key Players in the Facial Recognition Market

• Aware, Inc.
• Cognitec Systems GmbH
• Ayonix Corporation
• Thales
• Fujitsu
• FacePhi
• NEC Corporation
• Onfido
• TECH5

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.

Decorated Apparel Market Plying for Significant Growth During 2024 - 2030

Decorated Apparel Market Growth & Trends

The global decorated apparel market is expected to reach USD 68.17 billion by 2030, expanding at a CAGR 13.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing popularity of screen printing and digital printing works on apparel is driving the growth of the market.

With the growing trend of customized t-shirts and tops, the demand for apparel printing has been increasing over the years, thereby leading to market growth. Moreover, product and technological innovations, especially in the womenswear segment, will drive market growth. The emerging trend of patchwork and retro logo designs is also expected to boost product demand over the forecast period.

High demand for a reflective finish in apparel has also created growth opportunities for market players. In addition, rising demand for graphic t-shirts and other garments due to changing trends will also contribute to product sales over the forecast period.

The embroidery segment contributed a majority of the share to become the largest division in the global revenue in 2022. Embroidered products have significant demand due to their higher durability than other types of decorated apparel. Custom embroidery work lasts much longer than printed designs. Moreover, custom embroidery gives a professional look and thus has a wider application scope in the corporate sector as well.

The men’s segment is expected to register the fastest CAGR from the year 2023 to 2030. Rising product availability with a range of unique designs, color combinations, prints, and other decorations in graphic tees, coats, and designer blazers for men drive the scope of the market for decorated apparel. Rising applications of printing and embroidery on apparel logos for sportswear such as youth baseball teams, school spirit wear, or walk/run fundraisers drive the demand for decorated apparel among men.

The global market is characterized by the presence of a few well-established players such as Gildan, Hanesbrands Inc., and Fruit of the Loom, Inc. Medium and small players include Downtown Custom Printwear, Master Printwear, Delta Apparel, Target Decorated Apparel, Advance Printwear Limited, Lynka, and New England Printwear.

Major players in the industry are trying to increase their presence in the global market by expanding their production facilities in various regions. Factors such as low costs, access to numerous garment workers, and duty-free entry into several Asia Pacific markets are among the prominent reasons driving the investment.

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Decorated Apparel Market Report Highlights

• Asia Pacific is expected to contribute a majority of the share to become the largest division in global revenue in 2023. increasing social events and gatherings are among the prominent reasons driving the segment growth in the region. over the last decade, customized apparel and embroidered clothes have been gaining popularity among consumers. for instance, in japan, for traditional weddings, the bride and groom typically wear a japanese wedding kimono with heavy embroidery work
• europe segment is projected to register the fastest growth during the forecast period with a cagr of 14.4% from 2024 to 2030. increasing preference for unique clothing among consumers has led to a rise in demand for comfortable, yet fashion-forward apparel in the country. key market players are launching new products featuring a range of decorated apparel for different body types and ages to cater to the rising consumer demand. the emerging trend of patchwork and retro logo designs is also expected to boost product demand in the region over the forecast period
• women segment is expected to have a majority of the share in 2023. with the growing trend of customized t-shirts and tops, patchwork, and retro logo designs, the demand for apparel decoration has been increasing among working women. the segment growth is attributed to the increase in the number of women in the workforce in the region, which has stimulated a modest rise in their disposable income

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Decorated Apparel Market Segmentation

Grand View Research has segmented the global Decorated Apparel market on the basis of product, end user, distribution channel, and region:

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

• Embroidery
• Screen Printing
• Dye Sublimation
• Digital Printing
• Others

Decorated Apparel End User Outlook (Revenue, USD Million, 2018 - 2030)

• Men
• Women
• Children

Decorated Apparel Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Online
• Offline

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

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

List of Key Players in the Decorated Apparel Market

• Gildan
• Fruit of Loom, Inc.
• Downtown Custom Printwear
• Hanesbrands Inc.
• Master Printwear
• Delta Apparel, Inc.
• Target Decorated Apparel
• Advance Printwear Limited
• Lynka
• New England Printwear

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.

Oxidative Stress Assay Market will be worth $2.09 Billion by 2030: Grand View Research Inc.

 Oxidative Stress Assay Market Growth & Trends

The global oxidative stress assay market size is anticipated to reach USD 2.09 billion by 2030 and is projected to grow at a CAGR of 9.43% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing prevalence of oxidative stress-associated diseases such as cardiovascular diseases, respiratory diseases, diabetes, and others and research & development activities related to these diseases are major factors contributing to the market growth. For instance, according to the U.S. Department of Health and Human Services, in 2021, the global prevalence of diabetes among 20- to 79-year-old people was estimated at around 536.6 million, and it is expected to reach 783.2 million by 2045.

Cancer is one of the lucrative segments of the oxidative stress assay (OSA) market. Cellular damage induced by oxidative stress may activate cancer genes and inactivate tumor suppressor genes, leading to cancer development. Moreover, an increase in the cancer patient base is further expected to increase the market uptake of OSA in the coming years. According to the NCBI estimates, there will be around 30 million cancer cases by 2040, a rise of 57% compared to 2020 which is expected to create more opportunities for OSA market.

Academic and research institutes are involved in research activities to study oxidative stress in different health issues and develop novel solutions for diagnosing and treating these diseases. For instance, in August 2023, researchers at the Medical University of Lodz conducted a study to evaluate the oxidative stress in obstructive sleep apnea. The level of inflammatory biomarkers such as interleukins and tumor necrosis factor have been higher in obstructive sleep apnea patients.

Investigating oxidative stress and glutathione levels related to infectious diseases is further expected to create novel market opportunities for the key players. For instance, in August 2023, a report published by bioRxiv stated that the reactive oxygen species (ROS) increase antibiotic resistance in E. coli when exposed to sublethal levels of bactericidal antibiotics. Moreover, in December 2021, researchers at Baylor College of Medicine found increased oxidative stress and glutathione deficiency among COVID-19 patients.

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Oxidative Stress Assay Market Report Highlights

• Based on product, the consumables segment led the market with the largest revenue share of 44.63% in 2023, owing to increasing adoption of OSA in different end-use applications
• Based on test type, the reactive oxygen species-based assays segment is expected to grow at the fastest CAGR over the forecast period
• Based on technology, the ELISA technology segment held the market with the largest market share of 36.09% in 2023, owing to high market penetration and accurate results
• Based on disease type, the cancer segment is projected to grow at the fastest CAGR during the forecast period, due to an increasing patient base coupled high mortality rate and increasing R&D activities
• Based on end-user, the pharmaceutical & biotechnology industries dominated the global oxidative stress assay due to the significant involvement of companies in research activities to develop novel therapeutics for targeted diseases
• North America dominated the market with the largest revenue share in 2023, owing to factors such as high R&D expenditure, presence of major pharmaceutical companies, and government support for quality healthcare

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Oxidative Stress Assay Market Segmentation

Grand View Research has segmented the global oxidative stress assay market on the basis of product, test type, technology, disease type, end user, and region:

Oxidative Stress Assay Product Outlook (Revenue, USD Million, 2018 - 2030)

• Instruments
• Consumables
  • Kits
  • Reagents
• Services

Oxidative Stress Assay Test Type Outlook (Revenue, USD Million, 2018 - 2030)

• Indirect Assays
  • Protein-Based Assays
  • Lipid-Based Assays
  • Nucleic Acid-Based Assays
• Antioxidant Capacity Assays
  • Glutathione Assays
  • Ascorbic Acid Assays
  • Cell-Based Exogenous Antioxidant Assays
• Enzyme-Based Assays
• Reactive Oxygen Species-Based Assays

Oxidative Stress Assay Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Enzyme-linked Immunosorbent Assay (ELISA)
• Flow Cytometry
• Chromatography
• Microscopy
• Others

Oxidative Stress Assay Disease Type Outlook (Revenue, USD Million, 2018 - 2030)

• Cardiovascular disease
• Respiratory Diseases
• Cancer
• Diabetes
• Others

Oxidative Stress Assay End-user Outlook (Revenue, USD Million, 2018 - 2030)

• Pharmaceutical and Biotechnology Industries
• Academic Research institutes
• Contract Research Organizations
• Clinical Laboratories
• Others

Oxidative Stress Assay Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Oxidative Stress Assay Market

• Abcam Limited
• AMSBIO
• Cell Biolabs, Inc.
• Enzo Life Sciences, Inc.
• Merck KGaA
• ImmunoChemistry Technologies
• Promega Corporation
• QIAGEN
• Thermo Fisher Scientific Inc.
• OXFORD BIOMEDICAL RESEARCH

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.

Medical Coatings For Implants Market Estimated To Flourish By 2030: Grand View Research Inc.

 Medical Coatings For Implants Market Growth & Trends

The global medical coatings for implants market size is expected to reach USD 2.83 billion by 2030, as per the new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.3% from 2024 to 2030. The growth is mainly driven by growing demand for medical implants for cardiovascular, dental, and orthopedics on the account of rising health issues related to bones, dental, and heart. Increase in incidence of orthopedic injuries, diseases such as arthritis, osteoarthritis, and the rapid rise in geriatric population are propelling the demand for orthopedic implants, further driving the demand for medical coatings. Increasing elderly population, rising need for medical care of the aging population, rise in the prevalence of chronic disorders & diseases, and increasing healthcare expenditure is also augmenting the demand for medical coatings for implants.

Medical device coatings provide beneficial properties, including lubricity, flexibility, biocompatibility, antimicrobial, drug-eluting, and thromboresistance, to medical devices. The consumption for medical coatings has largely surged among manufacturers of cardiac arrest devices, catheters, feeding tubes, epidural probes, stents, guide wires, and other devices, which are to be inserted in the human body. These coatings provide high resistance against Healthcare Associated Infections (HAI), which is very common among people, who have been implanted with foreign devices for medical health care purposes.

The growing demand for coatings is expected to augment industry growth, as they improve biocompatibility between living tissues and medical devices. Rising preference for implantable and non-implantable medical equipment, along with growing number of private and public hospitals, is likely to fuel market growth. Technological innovation, such as introduction of antimicrobial microRESIST technology for orthopedic implants and catheters with anti-microbial properties, are further expected to foster market growth over the forecast period.

Healthcare expenditure in North America is likely to be driven by the rising prevalence of chronic diseases coupled with the expansion of insurance coverage in the U.S. The strengthening of the Western European economies is expected to result in high provision for healthcare expenditure in the annual budgetary proposals. The healthcare expenditure in Central & South America is expected to be driven by developments in the healthcare industry in Brazil. Moreover, healthcare industry in Asia is expected to be fueled by the growing consumer wealth in economies such as China and India. The presence of a well-developed healthcare industry in India coupled with growth of medical tourism is expected to augment the demand for medical coatings for implants.

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Medical Coatings For Implants Market Report Highlights

• Demand for dental implant has been increasing due to growing demand for dental implants on the account of deteriorating teeth condition due to excessive consumption of junk food
• Asia Pacific is expected to witness significant gains from 2024 to 2030 on account of rising demand for medical coatings in various countries including India, China, and Japan.
• Medical Coatings for Implants manufacturers are striving to elevate their production capacities in order to ensure regular supply of the product due to its growing demand from automotive industry

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Medical Coatings For Implants Market Segmentation

Grand View Research has segmented the global medical coatings for implants market based on product, technology, application, and region:

Medical Coatings For Implants Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Hydroxyapatite (HA)
• Titanium Plasma Spray
• Nanoparticle
• Other Product

Medical Coatings For Implants Technology Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

• Plasma Spray
• Vacuum Spray
• Physical Vapor Deposition
• Other Technology

Medical Coatings For Implants Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Orthopedic Implant Screws
  • Pedicle Screws
  • Sacroiliac SI Joint Screws
  • Other Orthopedic Implant Screws
• Dental Implants
• Cardiovascular Implants
• Other Application

Medical Coatings For Implants Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Medical Coatings For Implants Market

• Himed
• Hydromer
• DOT GmbH
• Lincotek Group S.p.A.
• Medicoat AG
• CAM Bioceramics B.V.
• APS Materials, 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.

Inkjet Printer Market Latest Trends, Industry Growth And Forecast To 2027: Grand View Research Inc.

 Inkjet Printer Market Growth & Trends

The global inkjet printers market size is expected to reach USD 50.99 billion by 2027, registering a CAGR of 5.3% over the forecast period, according to a new report by Grand View Research, Inc. The increasing adoption of inkjet printers among photographers and magazine manufacturers is expected to drive the market growth. Inkjet printers used in photography applications offer various multifunctional features, including different colors and combinations and no pixel split, among others. These printers also offer photographers the ability to print on any substrate.

Packaging and publishing industries are driven by extensive usage of inkjet printers. Based on the type of industry, they offer high - speed printing with quick - drying ink and require less ink as compare to the conventional printers. Moreover, the desired print design can be stored in digital format in place of a stereotype. Besides, the increasing effectiveness and efficiency of these printers facilitate the workflow for printing applications in the packaging and publishing industries.

The escalating demand for large format printers in packaging, textile, and advertising industries, is expected to be one of the strongest growth boosters for the market growth. The textile industry uses large format printers to print large as well as small designs on t - shirts, dresses, and promotional wears garments. Besides, increasing printing speed integrated with sustainable ink technologies is propelling the large format printer market growth in the textile industry. Furthermore, the growing trend of adopting large format printers for professional photo printing and poster printing in an advertisement in the North America region remain growth - contributors for the regional as well as global growth.

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Inkjet Printer Market Report Highlights

• The market is anticipated to witness substantial growth during the forecast period, owing to the rising adoption in various industries, including healthcare, education, and textile
• The multifunctional printer segment accounted for the largest market share in 2019, owing to high - speed, multifunctional capability, Wi - Fi connectivity, and flexibility to print, scan, and fax, among others
• Drop on Demand (DOD) is expected to emerge as the fastest - growing segment by 2027, ascribed to the benefits offered in terms of reduced downtime and functionality, thereby increasing its adoption across industrial applications, including printing onto packaging products, concrete, and wooden
• Asia Pacific is anticipated to emerge as the fastest - growing region, owing to the presence of a large number of vendors/manufacturers offering inkjet printers in the region
• New product development and expansion remains the major strategy adopted by the leading product manufacturers

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

Inkjet Printer Market Segmentation

Grand View Research has segmented the global inkjet printer market based on type, technology, end user, and region:

Inkjet Printer Type Outlook (Revenue, USD Million, 2016 - 2027)

• Multifunctional
• Desktop
• Large Format
• Inkjet Press
• Industrial
• Textile
• Others

Inkjet Printer Technology Outlook (Revenue, USD Million, 2016 - 2027)

• Continuous Inkjet
• Drop on Demand
• UV Inkjet
• Others

Inkjet Printer End - user Outlook (Revenue, USD Million, 2016 - 2027)

• Consumer
• Education
• Industrial
• Textile
• Pharmaceutical
• Others

Inkjet Printer Regional Outlook (Revenue, USD Million, 2016 - 2027)

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

List of Key Players of Inkjet Printer Market

• Videojet Technologies, Inc.
• Pannier Corporation
• Canon Singapore Pte. Ltd.
• HP Development Company, L.P.
• Xerox Corporation
• Brother Industries, Ltd.
• KEYENCE CORPORATION
• Konica Minolta, Inc.
• Seiko Epson Corporation

About Grand View Research

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

U.S. Pharmaceutical Analytical Testing Outsourcing Market Expected to Succeed in CAGR of 8.0% by 2030

 U.S. Pharmaceutical Analytical Testing Outsourcing Market Growth & Trends

The U.S. pharmaceutical analytical testing outsourcing market size is expected to reach USD 6.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 8.0% from 2022 to 2030. Technological advancements in the healthcare industry and an increase in end-users are the key factors driving the growth of the U.S. market.

Analytical testing services outsourcing allows companies to handle more complex or repetitive tasks while also assisting companies in concentrating on their core competencies. Enabling medical organizations to avoid developing specialized facilities and hiring staff, results in cost savings. The identification and measurement of ingredients in drugs or therapeutic solutions are included in pharmaceutical analytical testing. The market is anticipated to expand during the assessment period as a result of rising R&D investments and rising drug demand.

The outsourcing of pharmaceutical analytical testing has been significantly impacted by the COVID-19 pandemic. Due to various pharmaceutical companies' internal lab testing capacities being reduced or shut down, the pharmaceutical analytical services-an important component of the healthcare infrastructure-were initially disrupted. The workers initially faced several difficulties, including reduced lab capacity because of concerns about spreading the virus, IT issues, and difficulties sending samples for testing. However, various strategies, including rotating shifts, reducing manpower, and working from home, have been adopted by companies to mitigate or prevent these difficulties.

Various companies supported the government's efforts to stop the COVID-19 pandemic by producing various cutting-edge tests and solutions. These businesses were able to reduce the effects of COVID-19 on their operations. For example, 40 million COVID-19 tests were successfully manufactured by Eurofins laboratories. Additionally, new test kits are being created for various variants. When WHO classified it as a variant of concern, they released an omicron test kit the same day.

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U.S. Pharmaceutical Analytical Testing Outsourcing Market Report Highlights

• The bioanalytical testing segment dominated the market with a revenue share of 31.4% in 2021 due to players in the biopharmaceutical industry spending money on R&D and a growing preference for outsourcing analytical testing
• By method development and validation segment, the extractable and leachable services held 32.1% segment share in 2021
• The pharmaceutical companies segment accounted for the largest share of 47.4% in 2021. Changing regulations for in vitro and in vivo tests, sophisticated technologies, and creative methods to reduce test complexity are some of the factors that are causing more pharmaceutical analytical testing services to be outsourced
• West Pharmaceutical Services, Inc., SGS SA, Eurofins Scientific, Pace Analytical Services Llc, and Intertek Group Plc are some of the major key players contributing to the growth of the market
• Based on end-user, biopharmaceutical companies are anticipated to register the fastest growth over the forecast period due to an increase in the number of clinical trial registrations and market entrants

Access Press Release@ https://www.grandviewresearch.com/press-release/us-pharmaceutical-analytical-testing-outsourcing-market-analysis

U.S. Pharmaceutical Analytical Testing Outsourcing Market Segmentation

Grand View Research has segmented the U.S. pharmaceutical analytical testing outsourcing market based on service and end-use:

U.S. Pharmaceutical Analytical Testing Outsourcing Services Outlook (Revenue, USD Million, 2018 - 2030)

• Bioanalytical Testing
  • Clinical
  • Non-clinical
• Method Development and Validation
  • Extractable and Leachable
  • Impurity Method
  • Technical Consulting
  • Other Method Validation Services
• Stability Testing
  • Drug Substance
  • Stability indicating method validation
  • Accelerated stability testing
  • Photostability Testing
  • Other stability testing methods
• Other Testing Services

U.S. Pharmaceutical Analytical Testing Outsourcing End-Use Outlook (Revenue, USD Million, 2018 - 2030)

• Pharmaceutical Companies
• Biopharmaceutical Companies
• Contract Research Organizations

List of Key Players in the U.S. Pharmaceutical Analytical Testing Outsourcing Market

• West Pharmaceutical Services, Inc.
• SGS SA
• Eurofins Scientific
• Pace Analytical Services Llc
• Intertek Group Plc
• Pharmaceutical Product Development, LLC.
• Wuxi AppTec, Inc.
• Boston Analytical
• Charles River Laboratories

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.

Application Server Market to Reach Around $56.34 Billion by 2030: Grand View Research Inc.

 Application Server Market Growth & Trends

The global application server market size is anticipated to reach USD 56.34 billion by 2030, expanding at a CAGR of 13.9% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing smartphone penetration has significantly boosted the demand for application servers due to the increased functionalities of smartphones for using various mobile apps. Remote applications displayed on mobile devices enable memory, storage, processor, and software resources available on servers for mobile users. The execution of server applications for display on smartphones requires a constant and reliable network connection. These aspects have resulted in an immediate increase in the application servers for mobile apps. Moreover, the need for application servers has increased as smartphone penetration increases.

The virtualization of application servers is another technological advancement expected to drive the growth of the market for application server in the coming years. Various benefits are connected with the virtualization of the application server, including resource optimization, increased flexibility, scalability, improved security, and improved reliability. Moreover, companies in the market have been developing virtual servers with enhanced capabilities. For instance, in July 2022, IBM announced the availability of the Hyper Protect Virtual Servers for VPC (Virtual Private Cloud), designed to protect the cloud-native application with OCI (Open Container Initiative) deployments that make use of confidential computing.

Some of the significant features of the solution include secure execution, malware protection, multiparty contract and attestation of deployment, and flexible deployment, among others. Using application servers for communication contributes to its adoption in all devices. Multiple companies in the application market offer enhanced communication application servers. For instance, Intelligent Business Communication - AGNITY offers Communication Application Server (CAS), a virtualized service delivery platform designed for service providers to meet high capacity and throughput needs. The platform's architecture is layered and modular, facilitating smooth expansion when new network connectivity is required for additional applications.

High maintenance cost is a significant factor challenging the growth of the global market. The labor costs accrued through the application server life cycle account for a significant share of the total cost of ownership of application servers after the initial acquisition of the software. Hence, it is essential to understand the critical stages of the application server life cycle. The complexity level increases as product capabilities and application server deployments are advanced. The table below highlights the five-year cost summary for WebLogic and JBoss EAP application servers.

Application server platforms have developed over the years to incorporate features and capabilities once considered add-ons and were integrated only for advanced deployments. The application server architecture, product capability, and management and development tools account for a substantial share of the total ownership cost. The total ownership cost includes the initial design, deployment, and recurring costs. The initial design and deployment costs cover the cost incurred for hardware, software, installation & setup, integration & testing, and initial deployment. The recurring costs include the costs incurred for technical support and consultancy, implementation, management & administration, monitoring and diagnostics, server downtime, and upgrades.

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Application Server Market Report Highlights

• The java segment of the business process management market is expected to register the highest CAGR from 2023-2030, more than 14%. The growth of the java segment can be credited to the growing implementation and adoption of application servers by enterprises, mainly in the e-commerce and retail sectors
• The hosted segment is expected to witness the highest CAGR of more than 14% in the market during the forecast period. The growth of the hosted segment can be credited to advancements in information-sharing technologies and the increasing use of mobile devices. Larger enterprises are shifting their focus towards hosted application servers owing to their capability to handle workloads from multiple sites typically from the same database
• The IT & Telecom segment of the market by end-use is expected to occupy the largest market share of more than 25% in 2022. The IT & telecom industry has seen a transformation, where the telecom industry has witnessed the implementation of fixed to mobile broadband services, which has been contributing to the growth of the segment
• The Asia Pacific region is projected to witness the highest growth rate in the market, reaching more than 15% during 2023-2030. The region is the world's manufacturing capital, with much of the credit being held by China and India. The region is also home to some significant companies in the market, including Fujitsu and NEC Corporation

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

Application Server Market Segmentation

Grand View Research has segmented the global application server market based on type, deployment, end-use, and region:

Application Server Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Java
  • J Boss
  • Jetty
  • Tomcat
  • Others
• Microsoft Windows
• Others

Application Server Deployment Outlook (Revenue, USD Billion , 2018 - 2030)

• Hosted
• On-premise

Application Server End-use Outlook (Revenue, USD Billion, 2018 - 2030)

• BFSI
• Government
• Healthcare
• IT & Telecom
• Manufacturing
• Retail
• Others

Application Server Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in Application Server Market

• Adobe
• FUJITSU
• F5, Inc.
• Hewlett Packard Enterprise Development LP
• International Business Machines Corporation
• Microsoft Corporation
• Nastel Technologies.
• NEC Corporation
• Oracle Corporation
• Payara Services Ltd
• Red Hat, Inc.
• SAP SE
• TIBCO Software, Inc.
• The Apache Software Foundation
• VMware, 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.