Immune Health Supplements Market is Likely To Touch $52.81 Billion by 2030: Grand View Research Inc.

 

Immune Health Supplements Market Growth & Trends 

The global immune health supplements market size is estimated to reach at USD 52.81 billion in 2030 and is projected to grow at a CAGR of 10.72% from 2024 to 2030. The growing prevalence of various infectious diseases caused by several micro-organisms, such as bacteria, fungi, viruses, and parasites, coupled with the rising demand for supplements to increase the body's immune system, is expected to boost the immune health supplements adoption across the globe. Besides, increasing adoption of immunity-boosting products due to the COVID-19 pandemic is also anticipated to accelerate the market growth over the forecast years. According to the Council for Responsible Nutrition (CRN) report in 2020, the consumption of dietary supplements among Americans was about 73 percent. However, taking dietary supplements among individuals for immune health has been increased from 27 percent to 32 percent from 2019 to 2020.

As of 2020, the vitamin and mineral supplements segment held the largest revenue share. The increasing adoption of vitamin C, D, multivitamins, and minerals resulted in a high revenue share for the segment in the market. An unhealthy diet limited physical activity, and a sedentary lifestyle are the key factors responsible for increasing vitamin and mineral intake to improve an individual's immunity, especially in the developed regions such as North America and Europe. However, the increasing patient population and growing awareness for vitamin and mineral consumption are the major factors expected to boost market growth in emerging economies such as Asia Pacific and Latin America during the forecast period. However, the herbal supplements segment is also anticipated to be the second-largest product segment due to its popularity for long-term consumption as immunity boosters without any side effects.

By form, the tablets segment accounted for the largest revenue share in 2020. Due to its longer shelf life and high preference of adoption among the individual's tablets segment is expected to be the dominated segment. Tablets are more stable than the capsule, particularly in moist environments. In addition, tablets are largely manufactured by the key market players than the other form of supplements. Further, properties of tablets such as durability, inexpensive, can be split into two parts, and higher dosage accommodation is anticipated its high adoption and maximum value share in the market.

The respiratory tract infection segment held the largest revenue share in 2020. Due to the increasing prevalence of respiratory disorders such as COPD, asthma, COVID19, immune health supplements adoption has increased in the last couple of years. Particularly, the rapid rise in life-threatening coronavirus disease from the last year has increased the adoption of immunity-boosting products to manage respiratory tract infections. Taking supplements such as Vitamin C, D, and minerals such as zinc and probiotics offers unique properties to reduce the risk of respiratory tract infection, duration, and severity of infection.

As of 2020, the self-medication segment accounted for the largest revenue share than the prescription-based segment. It can be attributed due to the high percentage of self-medicated supplements using the population around the globe. Further, most of the vitamins and mineral supplements do not require a prescription. One can purchase them from pharmacies, groceries, and any convenience stores. Besides, the growing awareness among the individuals to use immunity-boosting products due to COVID19 is also expected to provide a high market share to the self-medication segment over the forecast years globally.

The pharmacies/drug stores segment dominated the market and accounted for the largest revenue in 2020. The availability of a wide variety of products and the high preference of consumers to buy immune health supplements from pharmacies are the factors responsible for the largest market share of this segment. Moreover, the availability of both prescriptions based and over-the-counter products for the consumers is also expected to accelerate the growth of the Pharmacies/drug stores segment over the forecast years.

North America dominated the market and accounted for the largest revenue share in 2020. The increasing prevalence of various health disorders, increasing usage of immune-enhancing products, and high spending capacity by the consumers are the factors anticipated to provide the majority of market share to the region. However, Asia Pacific countries, such as China, India, and Japan, are expected to witness significant growth over the forecast years due to the large population, increasing awareness, and growing consumer base in these countries.  

Request a free sample copy or view report summary: Immune Health Supplements Market Report

Immune Health Supplements Market Report Highlights

• The market is expected to grow well over the forecast period owing to the increasing prevalence of several infectious diseases and growing awareness to improve immune health
• The vitamin and mineral supplements segment dominated the market in 2020 owing to high demand and increasing use for immune health
• The respiratory tract infection application segment dominated the market in 2020 owing to the increasing adoption of immune supplements to reduce the risk of respiratory tract infection across the globe
• The self-medication segment dominated the market in 2020 majorly due to a growing preference for self-medicated use of supplements than prescription-based
• The pharmacies/drug stores segment dominated the market in 2020 owing to the availability of a wide range of products and high consumer preference
• North America dominated the market in 2020 majorly due to high spending capacity and increasing uses of immune health supplements in the region

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

Immune Health Supplements Market Segmentation

Grand View Research has segmented the global immune health supplements market report based on product, formulation, source type, mode of medication, distribution channel, and region

Immune Health Supplements Product Outlook (Revenue, USD Million, 2018 - 2030)

• Vitamin & Mineral Supplements
  • Vitamin C Supplements
  • Vitamin D Supplements
  • Vitamin B complex Supplements
  • Multivitamins
  • Selenium Supplements
  • Zinc Supplements
  • Others
• Amino Acids
• Omega-3 Fatty Acids
• Herbal Supplements
• Probiotic Supplements
• Others

Immune Health Supplements Formulation Outlook (Revenue, USD Million, 2018 - 2030)

• Capsules
• Tablets
• Powder
• Liquid
• Softgels
• Others

Immune Health Supplements Source Type Outlook (Revenue, USD Million, 2018 - 2030)

• Natural
• Synthetic

Immune Health Supplements Mode of Medication Outlook (Revenue, USD Million, 2018 - 2030)

• Prescription-based
• Self-medication

Immune Health Supplements Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Offline
  • Pharmacies & Drug Stores
  • Hypermarkets/Supermarkets
  • Others
• Online

Immune Health Supplements Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Immune Health Supplements Market

• Nature's Way
• NOW Foods
• Garden of Life
• Thorne Research
• Nordic Naturals
• Solaray
• Pure Encapsulations
• MegaFood
• Jarrow Formulas
• Life Extension
• Metagenics
• Xymogen
• Designs for Health
• Douglas Laboratories
• Bayer AG
• Standard Process
• Klaire Labs
• Integrative Therapeutics
• The Nature's Bounty Co.
• Amway, 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.

Radiology Information Systems Market Trends Regulations And Competitive Landscape Outlook to 2030

 Radiology Information Systems Market Growth & Trends

The global radiology information systems (RIS) market size is anticipated to reach USD 2.35 billion by 2030, registering a CAGR of 9.78% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing incidence of chronic diseases and the integration of advanced technologies in healthcare facilities have led to the increased usage of digital healthcare infrastructure. This infrastructure helps collect and manage information generated by hospitals, clinics, and institutes, thereby enhancing the efficiency and effectiveness of their services. Incorporating Artificial Intelligence (AI) into RIS presents significant growth opportunities for the market. This will lead to improved workflows, enhanced patient care, and ongoing support for radiologists. It also enables radiologists to provide a cohesive ecosystem experience to facilitate quicker, more precise, and consistent diagnoses.

For instance, in January 2024, Koninklijke Philips N.V. unveiled its AI-driven enterprise imaging portfolio, featuring next-generation Ultrasound, MRI, and CT systems, at the 76th Annual Conference of the Indian Radiological and Imaging Association (IRIA) 2024 in Vijayawada. In addition, it introduced its Compact Ultrasound System 5000 series and emphasized its MRI with BlueSeal magnet, designed to reduce helium usage and related complications. Moreover, government initiatives promoting the adoption of RIS are anticipated to drive market expansion. An increasing number of medical imaging tests for various diseases is also anticipated to drive market growth. As per the Diagnostic Imaging Dataset Annual Statistical published by NHS England, in November 2023, around 7.1 million CT scans and 4.1 million MRI scans were performed in the UK from 2021/22. Furthermore, the number of radiology labs and increasing installations of MRI and CT scans have created the demand for RIS in hospitals.

Request a free sample copy or view report summary: Radiology Information Systems Market Report

Radiology Information Systems Market Report Highlights

• The web-based segment dominated the market in 2023 due to workflow enhancement features, such as scheduling, document imaging, automated insurance eligibility functions, and billing, offered by this deployment mode
• The integrated RIS segment dominated the market in 2023. It offers data analysis with the help of a Picture Archiving and Communication System (PACS) for developing IT service models
• The hospitals & clinics end use segment dominated the market in 2023. This is attributed to the increasing demand for streamlined workflows and improved patient care, as RIS enhances diagnostic accuracy, reduces costs, and integrates with EHR systems for efficient data management
• North America held the largest revenue share in 2023, which is attributed to the technological advancements and presence of major market players in the region
• In January 2023, Pro Medicus, Ltd. announced that its U.S. subsidiary, Visage Imaging, Inc., secured an 8-year, USD 12 million contract with Oregon-based Samaritan Health Services. This agreement led to the deployment of the Visage 7 Enterprise Imaging Platform across Samaritan’s network, ensuring a unified diagnostic imaging solution

Access Press Release@ https://www.grandviewresearch.com/press-release/global-radiology-information-system-ris-market

Radiology Information Systems Market Segmentation

Grand View Research has segmented the global radiology information systems market based on deployment mode, product, end use, and region:

Radiology Information Systems Deployment Mode Outlook (Revenue, USD Million, 2018 - 2030)

• Web-based
• Cloud-based
• On-premise

Radiology Information Systems Product Outlook (Revenue, USD Million, 2018 - 2030)

• Integrated RIS
• Standalone RIS

Radiology Information Systems End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals & Clinics
• Outpatient Department (OPD) Clinics
• Others

Radiology Information Systems Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Spain
  • The Netherlands
  • Switzerland
  • Belgium
  • Norway
  • Denmark
  • Sweden
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Thailand
  • Singapore
  • Philippines
  • Malaysia
  • Indonesia
• Latin America
  • Brazil
  • Argentina
• Middle East & Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait

List of Key Players of Radiology Information Systems Market

• DeepHealth
• Epic Systems Corporation
• General Electric Company
• IBM
• Koninklijke Philips N.V.
• Mckesson Corporation
• MedInformatix, Inc.
• Oracle
• Pro Medicus, Ltd.
• Siemens Healthineers AG
• Veradigm LLC

About Grand View Research

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

Veterinary Diagnostic Services Market Poised to Expand at a Robust Pace of $24.31 Billion Over 2030: Grand View Research Inc.

 Veterinary Diagnostic Services Market Growth & Trends

The global veterinary diagnostic services market size is projected to reach USD 24.31 billion by 2030 and is anticipated to register a CAGR of 8.28% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing need for early disease diagnosis due to growing concern about animal health is one of the key factors driving the market growth. Furthermore, the rising prevalence of chronic disorders, including cancer, obesity, and diabetes, and the need for effective disease diagnosis in animals is expected to supplement market growth. For instance, as per the American Kennel Club report published in February 2020, 56% of canines are recorded as obese in the U.S. The risk of joint problems, developing cancer, diabetes, and various other chronic diseases is significantly increased by obesity. The adoption of veterinary diagnostic services increased because of the regular diagnosis of glucose levels due to the pet owners' growing concern. In addition, the rising demand for point-of-care treatments and improved diagnostic tests is fueling the market's growth. It includes a variety of dermatology tests to detect dermatophytes, ELISA, and PCR for detecting parasites and viruses, including parvovirus, leishmania, hepatitis, coronavirus, etc.

In addition, the rising prevalence of zoonotic diseases such as avian influenza in livestock animals is increasing the demand for veterinary diagnostic services, driving the growth of the market. For instance, in April 2022, the Government of Canada issued a report on avian influenza; according to the report, multiple bird species, including turkeys, ducks/chickens, geese, and peafowls, were infected with avian influenza in 33 EU countries in March 2022. All livestock species were affected by the disease, which caused an increase in molecular diagnostic tests for the disease's diagnosis, leading to increased demand for in-vitro veterinary diagnostic services. Thus, the growing demand for in-vitro and in-vivo diagnostic services is contributing to market growth.

The pandemic had a favorable effect on the veterinary diagnostic services industry, induced by the sudden rise in the number of people owning cats and dogs, animal humanization movements, and the expansion of telemedicine platforms.Government rules forced the suspension of numerous healthcare services, particularly veterinary diagnostics services, which had a significant impact on the market for veterinary diagnostics as a result of the COVID-19 outbreak. For instance, according to a JAAWS article from February 2022, COVID-19 caused the closure of 70% of veterinary hospitals in Canada & the U.S. in 2020. To reduce the COVID-19 infection, veterinary diagnostic services were suspended, which initially hindered the growth of the market. Furthermore, the pandemic increased prognostic awareness among pet owners to prevent pet diseases with timely treatments. This factor is expected to propel the market growth in the long run.

The rapidly aging pet population and the growing risk of various chronic diseases associated with age are among the key factors likely to drive routine diagnosis and respective high expenditure on pets by owners. According to VCA Animal Hospitals, veterinarians often prescribe senior pets to undergo wellness testing programs, including routine check-ups, complete blood count, biochemistry profile, urinalysis, and thyroid hormone testing, to detect ongoing or prognostic health problems. Moreover, the growing demand for advanced veterinary diagnostic tests for senior pets in developed and developing countries is also contributing to market growth.

Request a free sample copy or view report summary: Veterinary Diagnostic Services Market Report

Veterinary Diagnostic Services Market Report Highlights

• In terms of test type, the in vitro diagnosis segment dominated the market in 2023 with a revenue share of over 86.45%. The growing number of avian influenza cases in livestock animals is increasing the demand for in-vitro diagnostic tests, which is driving the growth of the segment. The in vivo diagnosis segment, on the other hand, is projected to witness the fastest CAGR of over 8% during the forecast period
• In terms of animal type, the companion animals segment held the largest market share in 2023 with a revenue share of over 59.36%. In contrast, the production animals segment is estimated to witness the fastest CAGR during the forecast period
• In terms of the testing category, the clinical chemistry segment dominated the market in 2023 with a revenue share of over 23.40%. The cytopathology segment is anticipated to witness the fastest CAGR of approximately 11% during the forecast period due to emerging applications of AI in veterinary medicine
• In terms of sector, the private sector held the largest market share in 2023 and is anticipated to grow at the fastest CAGR over the forecast period
• In terms of service provider, the veterinary hospital/clinic laboratories segment held the largest revenue share in 2023, owing to the increasing demand for diagnostics and readily accessible advanced diagnostic technologies in hospitals.
• Based on type, the point-of-care segment dominated the market in 2023 with a revenue share of over 57%. The laboratory-based segment is anticipated to grow at the fastest CAGR during the forecast period
• Based on region, in 2023, North America held the largest revenue share of 38.60% in the market. The Asia Pacific region is projected to grow at the fastest CAGR of over 15% during the forecast period

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

Veterinary Diagnostic Services Market Segmentation

Grand View Research has segmented the global veterinary diagnostic services market based on animal type, testing category, sector, by type, service provider, test type, and region:

Veterinary Diagnostic Services Test Type Outlook (Revenue, USD Million, 2018 - 2030)

• In Vitro Diagnosis
• In Vivo Diagnosis

Veterinary Diagnostic Services Animal Type Outlook (Revenue, USD Million, 2018 - 2030)

• Companion Animals 
  • Dogs
  • Cats
  • Horses
  • Others
• Production Animals 
  • Cattle
  • Poultry
  • Swine
  • Others

Veterinary Diagnostic Services Testing Category Outlook (Revenue, USD Million, 2018 - 2030)

• Clinical Chemistry
• Microbiology
• Parasitology
• Histopathology
• Cytopathology
• Hematology
• Immunology & Serology
• Imaging
• Molecular Diagnostics
• Other Categories

Veterinary Diagnostic Services Sector Outlook (Revenue, USD Million, 2018 - 2030)

• Public
• Private

Veterinary Diagnostic Services Service Provider Outlook (Revenue, USD Million, 2018 - 2030)

• Veterinary Hospital/Clinic Laboratories
• Reference Laboratories

Veterinary Diagnostic Services Type Outlook (Revenue, USD Million, 2018 - 2030)

• Point-of-Care (POC)
• Laboratory-based

Veterinary Diagnostic Services Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Veterinary Diagnostic Services Market

• Zoetis Services LLC
• Antech Diagnostics, Inc. (Mars, Inc.)
• IDEXX
• Neogen Corporation
• Agrolabo S.p.A.
• Esaote SPA
• Thermo Fisher Scientific, Inc.
• NationWide Laboratories
• Ellie Diagnostics
• FUJIFILM 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.

CAD CAM Dental Milling Machine Market Expectations Acme Prominent Development in Developed Regions, Details Gvr Study

 CAD CAM Dental Milling Machine Market Growth & Trends

The global CAD CAM dental milling machine market size is expected to reach USD 4.34 billion by 2030, growing at a CAGR of 9.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing number of dental disorders, technological advancements in dental milling machines, and rising expenditure for the treatment of oral diseases are driving growth.

Developments and upgrades in technologies pertaining to CAD/CAM dental milling systems are impelling demand. The developments have resulted in reduced time and requirement for human resources to operate these dental milling machines.

In the U.S., nearly 50% of the total number of dental labs use CAD/CAM, while over 80% of larger labs employ complete CADCAM systems, including milling systems & scanners, among others.Such high adoption of the CAD/CAM software is expected to fuel CAD/CAM dental milling machine market growth. Moreover, advancements in digital dentistry and increasing demand for customized prosthetics & intraoral scanners are likely to contribute to growth.

Request a free sample copy or view report summary: CAD CAM Dental Milling Machine Market Report

CAD CAM Dental Milling Machine Market Report Highlights

• The 4-axis machines segment held the maximum share of 59% of in 2023 and is expected to witness lucrative growth over the forecast period. Majority of restorations such as bridges, inlays/Onlays, copings, crowns, can be milled using a 4-axis machine.
• By Modality, the market is categorized into tabletop, bench-top, and standalone. Amongst different modalities of mills, the bench-top segment dominated the market in 2023 with a share of 39.7% and is anticipated to grow significantly over the forecast period.
• A tabletop mill is normally small in Modality and offers better mobility than others. They make use of the belts for moving stock or milling spindles.
• North America dominated the market with the largest revenue share of 42.74% in 2023.North America CAD/CAM dental milling machine market growth can be attributed to various factors that reflect changes in demographics, technology, awareness, and economic conditions.
• The CAD/CAM dental milling machine market in Asia Pacific is projected to witness remunerative growth over the forecast period due to the rise in spending power, increasing geriatric population and growing awareness among end-users regarding technologically advanced equipment.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-cad-cam-dental-milling-machine-market

CAD CAM Dental Milling Machine Market Segmentation

Grand View Research has segmented global CAD CAM dental milling machine market report on the basis of axis type, modality, and region:

CAD CAM Dental Milling Machine Axis Type Outlook (Revenue, USD Million, 2018 - 2030)

• 4-Axis machines
• 5-Axis machines

CAD CAM Dental Milling Machine Modality Outlook (Revenue, USD Million, 2018 - 2030)

• Bench-Top
• Tabletop
• Standalone

CAD CAM Dental Milling Machine Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of CAD CAM Dental Milling Machine Market

• Amann Girrbach
• Dentsply Sirona
• Planmeca OY
• Ivoclar Vivadent
• 3M Company
• Straumann
• Zimmer
• DATRON

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.

Breast Lesion Localization Methods Market to Reap Excessive Revenues By 2030

 Breast Lesion Localization Methods Market Growth & Trends

The global breast lesion localization methods market size is anticipated to reach USD 3.62 billion by 2030 and is anticipated to grow at a CAGR of 7.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing government and non-government reimbursement policies for breast cancer diagnostics, biopsies, examinations, and related medical procedures are projected to drive adoption of breast lesion localization methods. Furthermore, the growing demand for improved healthcare infrastructure and facilities, driven by the rising prevalence of the disease among women, is anticipated to boost the market growth.

As the incidence of breast cancer among women rises, there is a heightened need for precise and early detection methods. Breast lesion localization techniques are pivotal in accurately identifying and targeting suspicious lesions for biopsy or surgical intervention. For instance, As per a report by National Breast Cancer Foundation, Inc., in April 2024, approximately 1 out of every 8 women in the U.S. will receive a breast cancer diagnosis during her lifetime. In 2024, it is projected that around 310,720 women and 2,800 men will be diagnosed with invasive breast cancer. With the increasing prevalence of breast cancer, there is a growing focus on tailored treatment strategies. Advanced lesion localization methods empower oncologists and surgeons to meticulously plan and deliver treatments, aiming for the best possible patient outcomes. These factors are driving the demand for breast lesions localizations methods.

Advancements in imaging technologies like digital mammography, ultrasound, and MRI have greatly improved the detection and characterization of breast lesions. As a result, there is an increased need for precise localization techniques to guide surgical procedures accurately. Furthermore, the integration of 3D imaging modalities and navigation systems allows surgeons to visualize breast lesion locations in real-time during procedures, significantly enhancing surgical precision and improving patient outcomes. These factors are propelling the market growth over the forecast period.

Request a free sample copy or view report summary: Breast Lesion Localization Methods Market Report

Breast Lesion Localization Methods Market Report Highlights

• Based on type, the wire-guided localization segment held the largest market share in 2023 owing to the presence of a wide range of products and high adoption of this technique among end-users.
• Radioisotope localization is expected to witness significant growth over the forecast period as it is an effective, safe, and widely used procedure for preoperative localization of non-palpable, suspicious breast lesions.
• North America dominated the market with the highest revenue share in 2023 owing to the presence of key manufacturers in the region, established healthcare infrastructure, and high adoption of localization devices.

Breast Lesion Localization Methods Market Segmentation

Grand View Research has segmented the global breast lesion localization methods market based on type and region:

Breast Lesion Localization Methods Type Outlook (Revenue, USD Million, 2018 - 2030)

• Wire Guided Localization
• Radioisotope Localization
  • Radio guided occult-lesion localization (ROLL)
  • Radioactive-seed localization (RSL)
  • Others
• Magnetic Tracer
• Others

Breast Lesion Localization Methods Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Breast Lesion Localization Methods Market

• BD
• SOMATEX Medical Technologies GmbH
• Argon Medical Devices
• Merit Medical Systems
• Cook Medical
• STERYLAB S.r.l.
• Theragenics Corporation
• MDL SRL
• MOLLI Surgical

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.

Pediatric Oral Care Market Insights Business Opportunities, Current Trends And Forecast 2030: Grand View Research Inc.

 Pediatric Oral Care Market Growth & Trends

The global pediatric oral care market size is expected to reach USD 15.5 billion by 2030, expanding at a CAGR of 7.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing problems of tooth decay, cavities, and dental diseases will lead to a surge in demand for pediatric oral care products.

According to the Centers for Disease Control and Prevention, in the U.S., cavities are among the most common chronic diseases in childhood. Children from low-income groups aged 5 to 19 years are likely to have cavities twice as compared to children from higher-income families. Moreover, the increase in demand for new innovative pediatric oral care products such as flavored toothpaste, cavity protection toothpaste, baby tongue cleaner, and cartoon-themed mouthwash boosts the growth of the market.

The COVID-19 pandemic had no significant effect on the market for pediatric oral care due to the increased demand for toothpaste and baby toothbrushes. The COVID-19 pandemic has adversely affected the business operations and financial condition of various market players in the first half of 2020 due to disrupted supply and logistics of raw materials. The COVID-19 pandemic had a minor effect on the global toothpaste sector as the demand for the product was unaffected throughout the year for maintaining oral hygiene.

Asia Pacific accounted for the largest revenue share of over 35.0% in 2021 owing to the increasing prevalence of oral diseases in Asia Pacific countries such as India, China, and Japan. For instance, oral diseases have remained the most prevalent disease group in India over the past 30 years. India is one of the countries with a high population consuming tobacco and tobacco products along with pursuing unhealthy eating habits, which is a leading cause of oral cancer. The large population in these countries and the presence of market players are the factors responsible for the market growth.

Request a free sample copy or view report summary: Pediatric Oral Care Market Report

Pediatric Oral Care Market Report Highlights

• The toothpaste product segment dominated the market in 2023 with a share of over 34.0% owing to the fact that a large number of people use toothpaste as it provides overall protection from oral diseases
• The home application segment is anticipated to register the fastest growth rate in the forecast period
• By distribution channel, the hypermarkets/supermarkets segment accounted for the largest revenue share of over 38.5% in 2023 and is anticipated to maintain its dominance over the forecast period owing to the easy availability and a large number of oral care products in a single place, which can be compared while buying the product
• The online retailers segment is expected to register the fastest growth rate of 7.4% in the forecast period
• Asia Pacific held the maximum revenue share of over 39.8% in 2023. This can be attributed to the rising awareness among people regarding using pediatric oral care products

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

Pediatric Oral Care Market Segmentation

Grand View Research has segmented the global pediatric oral care market based on product, application, distribution channel, and region:

Pediatric Oral Care Product Outlook (Revenue, USD Million, 2018 - 2030)

• Toothbrush
• Toothpaste
• Mouthwash
• Denture Products
• Others

Pediatric Oral Care Application Outlook (Revenue, USD Million, 2018 - 2030)

• Home
• Dentistry

Pediatric Oral Care Distribution channel Outlook (Revenue, USD Million, 2018 - 2030)

• Hypermarkets/Supermarkets
• Specialty Stores
• Online Retailers
• Others

Pediatric Oral Care Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Pediatric Oral Care Market

• Colgate-Palmolive Company
• Procter & Gamble
• GSK plc.
• Johnson & Johnson Services, Inc.
• Unilever
• Lion Corporation
• Sunstar Suisse S.A.
• Doctor Fresh
• Church & Dwight Co., 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.

Chromatography Software Market Is Expected To Gain Significant Traction Over The Forecast Period: Grand View Research Inc.

 

Chromatography Software Market Growth & Trends

The global chromatography software market size is expected to reach USD 2.1 billion by 2030, growing at a CAGR of 7.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. One of the primary drivers is the increasing demand for advanced analytical tools across various industries, including pharmaceuticals, biotechnology, environmental sciences, and food and beverage sectors. These industries require precise and efficient data analysis capabilities to ensure product quality, regulatory compliance, and operational efficiency. For instance, in June 2024, Thermo Fisher Scientific launched the Dionex Chromeleon 7.2 CDS, an updated iteration of its acclaimed Chromeleon chromatography data system. This new version extends its capabilities to include support for mass spectrometry and standard front-end separation techniques, significantly boosting laboratory productivity across a range of chromatography and mass spectrometry applications.

The rise of cloud-based chromatography software solutions is a notable market trend. Cloud platforms offer scalability, real-time data analysis, and remote accessibility, which are increasingly important in modern laboratory environments. These solutions support remote work and facilitate collaboration among researchers and laboratories across different geographies. Sciex's BioPhase 8800 driver for Empower software, launched in May 2023, enables integration with Waters' Empower Chromatography Data System, enhancing workflow efficiency and accelerating drug development timelines through improved system control and minimized method development.

Moreover, there is a growing focus on sustainability and green chemistry in the chromatography software market. Companies are developing software that supports eco-friendly practices by reducing solvent usage and waste generation. This trend aligns with the broader industry goal of minimizing environmental impact while maintaining high analytical standards.

Request a free sample copy or view report summary: Chromatography Software Market Report

Chromatography Software Market Report Highlights

• Based on type, the integrated segment dominated the market and accounted for the largest share of 77.3% in 2023. This growth is driven by the increasing demand for efficient and comprehensive analysis techniques, advancements in technology, and the rising adoption of integrated systems in pharmaceutical, biotechnology, and environmental testing applications.
• Based on deployment model, the web & cloud based segment contributed to the largest share of 72.5% in 2023 and is also estimated to grow at a CAGR from 2024 to 2030. This growth is driven by enhanced data accessibility, real-time collaboration, cost efficiency, and scalability. These features enable streamlined workflows and improved data management, fostering market expansion.
• Based on application, the pharmaceutical industry segment held the largest share of 32.9% of the market in 2023. This growth is driven by rising drug discovery activities, increasing demand for personalized medicine, and stringent regulatory requirements for quality control and safety, fostering market expansion.
• North America dominated the chromatography software market in 2023, accounting for the largest revenue share of over 47.9%. This is due to the higher adoption of technology in laboratory testing and supportive policies that ensure accurate results.

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

Chromatography Software Market Segmentation

Grand View Research has segmented the global chromatography software market based on type, deployment model, application and regional:

Chromatography Software Type Outlook (Revenue, USD Million, 2018 - 2030)

• Standalone
• Integrated

Chromatography Software Deployment Model Outlook (Revenue, USD Million, 2018 - 2030)

• On-premise
• Web & Cloud-Based

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

• Pharmaceutical Industry
• Forensic Testing
• Environmental Testing
• Food Industry

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

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

List of Key Players in the Chromatography Software Market

• Agilent Technologies Inc.
• Bruker Corporation
• Cytiva,
• DataApex
• Gilson Inc.
• KNAUER
• Restek Corporation
• Scion Instruments
• Shimadzu Corporation
• Waters 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.

Pediatric Wheelchair Market to Witness Exponential Growth by 2030: Grand View Research Inc.

 Pediatric Wheelchair Market Growth & Trends 

The global pediatric wheelchair market size is expected to reach USD 3.34 billion by 2030, registering a CAGR of 6.9% during the forecast period, according to a new report by Grand View Research, Inc. Pediatric wheelchairs are equipment that can be used to move a patient while another person pushes behind. There are many different features and attachments available for chairs, including cup holders, footrests, armrests, bags, totes, and pouches.

The market is anticipated to grow as a result of the rise in pediatric disabilities, the use of wheelchairs in pediatric rehabilitation centers in emerging nations, and advancement in wheelchair technology. Moreover, the availability of reimbursement for such devices and assistance from humanitarian organizations are expected further drive the market. For instance, according to UNICEF, in 2021, over 134,000 children with disabilities were provided with assistive devices, disability-inclusive products, and emergency kits through UNICEF-supported programs across 81 countries.

The onset of the pandemic adversely affected the medical devices supply chain. Children with disabilities were more prone to the impacts of COVID-19, as outlined by the Secretary-General of the WHO in his policy brief A Disability-Inclusive Response to COVID-19. However, all those months witnessed high demand for patient transportation in-home care and other healthcare facilities as the disabled population was more vulnerable to COVID-19 and was forced to stay at home. Though the medical devices supply chain was affected badly and it was difficult to meet the increased demand, the industry managed to meet the demand successfully. 

Request a free sample copy or view the report summary: Pediatric Wheelchair Market Report

Pediatric Wheelchair Market Report Highlights

• The manual product type segment led the market in 2023 and is projected to maintain its lead throughout the forecast period. It is one of the most popularly used product types of pediatric wheelchairs
• The foldable wheelchairs frame type segment is projected to expand at the fastest rate over the forecast period owing to the rise in the use of pediatric wheelchairs for patient transportation such as in healthcare facilities
• By application, the others segment including ambulatory surgical centers and rehabilitation centers dominated the market in 2023 owing to the increasing requirement for such facilities
• Asia Pacific is expected to expand at a lucrative CAGR of 8.0% from 2024 to 2030 owing to the rising awareness and adoption of wheelchairs in Asian countries.

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

Pediatric Wheelchair Market Segmentation

Grand View Research has segmented the global pediatric wheelchair market based on product, frame, application, and region:

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

• Manual
• Electric

Pediatric Wheelchair Frame Outlook (Revenue, USD Million, 2018 - 2030)

• Rigid wheelchairs
• Foldable wheelchairs

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

• Homecare
• Hospitals
• Others

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

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

List of Key Players in the Pediatric Wheelchair Market

• MEYRA GmbH
• Sunrise Medical
• SORG Rollstuhltechnik GmbH
• Invacare
• Momentum Healthcare
• Permobil
• AKCES-MED sp.z.
• Medline
• Drive Medical
• Numotion
• Carex Health
• Pride Mobility

About Grand View Research

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

Hospital Services Market Revenue is expected to Reach $5.71 Trillion by 2030: Grand View Research Inc.

 Hospital Services Market Growth & Trends

The global hospital services market size is anticipated to reach USD 5.71 trillion by 2030 and is anticipated to grow at a CAGR of 4.35% from 2024 to 2030, according to a new report by Grand View Research, Inc. This is attributed to the rapidly aging population and changes in population demographics. In addition, the increasing prevalence of chronic conditions such as diabetes, cardiac disorders, and cancer is driving the demand for hospital-based care globally. According to the Global Burden of Disease (GBD) study, in 2021, around 7.26 billion people globally suffered from chronic diseases (non-communicable diseases), substantially increasing from 7.10 billion people in 2019.

Moreover, government policies and insurance coverage changes directly impact access to hospital services globally. Policies promoting or mandating healthcare coverage are expected to increase hospital service use. The Affordable Care Act and other government programs such as Medicare and Medicaid have expanded insurance coverage to million more individuals in the U.S. This increased overall demand for medical services, resulting in higher utilization of hospital care, is expected to contribute to the market's growth over the forecast period. For instance, in April 2022, the Department of Health and Human Services (HHS) launched new measures to improve accessibility and tracking of affordable coverage on HealthCare.gov. The major policy changes include advancing standardized plan options, implementing new network adequacy requirements, increasing coverage value for consumers, increasing access for patients, removing major barriers to coverage, and expanding access to essential community providers.

Request a free sample copy or view report summary: Hospital Services Market Report

Hospital Services Market Report Highlights

• Based on type, the inpatient services segment held the largest market share in 2023. The demand for more comprehensive care services and the availability of advanced technologies, such as improved diagnostic tools and treatment devices in the settings, contributes to the segment's high share.
• Based on ownership, the publicly/government-owned segment accounted for the largest revenue share in 2023. This is attributed to the high hospital patient volumes due to lower or subsidized costs compared to private hospitals. Moreover, government funds and support enable hospitals to offer services at lower or subsidized costs.
• Asia-Pacific dominated the market in 2023 due to the high demand for hospital services from the rapidly aging patient cohort and the high prevalence of chronic conditions. Moreover, growing medical tourism in countries such as Thailand, India, and Singapore due to lower treatment costs is expected to drive market growth in the region.

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

Hospital Services Market Segmentation

Grand View Research has segmented the global hospital services market based on type, ownership, and region:

Hospital Services Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Inpatient Services
  • Cardiovascular Disorders
  • Cancer
  • Musculoskeletal Diseases
  • Emergency & Trauma
  • Respiratory Disorder
  • Gastroenterology
  • CNS Disorders
  • Pregnancy and Postpartum Care
  • Urology & Nephrology Disorders
  • Others
• Outpatient Services
• Ancillary Services

Hospital Services Ownership Outlook (Revenue, USD Billion, 2018 - 2030)

• Publicly/Government-owned
• Not-for-profit Privately owned
• For-profit Privately owned

Hospital Services Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Hospital Services Market

• Apollo Hospitals Enterprise Ltd.
• Max Healthcare
• West Suffolk NHS Foundation Trust
• Royal Papworth Hospital NHS Foundation Trust
• Cedars-Sinai
• UCLA Medical Centers
• The Johns Hopkins Hospital
• Mayo Clinic
• Keio University (Medical Services)
• THE ROYAL MELBOURNE HOSPITAL
• Burjeel Holdings

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.

North America Demand for Veterinary Oncology Market to Incur Considerable Upsurge During 2024– 2030: Grand View Research Inc.

 North America Veterinary Oncology Market Growth & Trends

The North America veterinary oncology market size is expected to reach USD 1.22 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 10.86% from 2024 to 2030. The market is driven by the rising incidence of cancer in pets, the number of veterinary clinical trials investigating the safety and effectiveness of various oncologic therapies, and the increasing penetration of pet insurance. Moreover, increasing strategic initiatives for R&D of targeted therapies for cancer in companion animals is boosting market growth. For instance, in July 2023, Ardent Animal Health partnered with FidoCure to expand access to oncology innovation in veterinary medicine by leveraging the latter's genomic testing and precision medicine platform.

During COVID-19, the market witnessed dampened growth owing to several challenges. The pandemic impacted veterinary cancer research & development efforts and the logistics supply of crucial pet pharmaceuticals. It also limited access to veterinary care. According to the Global Animal Health Association's 2020 report, pet owners in a study said that in many countries, veterinarian services were hampered by delayed or skipped care for pets. The pandemic, however, also accelerated the adoption of digital technologies to enhance care. In March 2020, PetCure Oncology upgraded its Telehealth options to enable pet families and referring veterinarians to remotely connect with its board-certified radiation oncologists.

The market is fragmented and competitive due to the presence of several small-to-large market players. Players are actively involved in deploying strategic initiatives to gain market share. For instance, in January 2022, Dechra acquired the rights to sell, market, and support Laverdia-CA1 (verdinexor tablets) in the U.S. from Anivive Lifesciences, Inc. In June 2022, Boehringer Ingelheim International GmbH entered into a research partnership with CarthroniX, a biopharma company, to develop small molecule therapeutics in canine oncology. In April 2023, Torigen Pharmaceuticals partnered with Veterinary Management Groups (VMG) to provide their experimental autologous prescription products and services to the latter's more than 2,000 member clinics network.

Request a free sample copy or view report summary: North America Veterinary Oncology Market Report

North America Veterinary Oncology Market Report Highlights

• Based on animal type, the canine segment dominated the market in 2023 with a revenue share of over 86%. The feline segment, on the other hand, is projected to grow at the fastest CAGR of over 12.55% over the forecast period. This is attributed to the increasing partnerships and collaborations to further the development and launch of reliable veterinary cancer therapies. In October 2022, Ardent Animal Health, for example, completed a license agreement for a novel checkpoint inhibitor for canine cancer treatment
• In terms of therapy, the surgery segment dominated the market in 2023 with a revenue share of over 36%. The immunotherapy segment is projected to grow at the fastest CAGR of 12.91% over the forecast period
• Based on cancer type, the skin cancers segment dominated the market in 2023 with a revenue share of over 39%. The others segment is projected to grow at the fastest CAGR of over 12% over the forecast period
• Based on country, the U.S. held the largest revenue share in the market in 2023, while Canada is anticipated to grow at a CAGR of over 11% over the forecast period. The growth in the U.S. is attributed to the presence of key players and strategic initiatives by market players. In April 2023, Torigen Pharmaceuticals opened a new production facility and headquarters in Farmington, Connecticut, U.S.

Access Press Release@ https://www.grandviewresearch.com/press-release/north-america-veterinary-oncology-market-analysis

North America Veterinary Oncology Market Segmentation

Grand View Research has segmented the North America veterinary oncology market report based on animal, therapy, cancer type, and country

North America Veterinary Oncology Animal Type Outlook (Revenue, USD Million, 2018 - 2030)

• Canine
• Feline
• Equine

North America Veterinary Oncology Therapy Outlook (Revenue, USD Million, 2018 - 2030)

• Radiotherapy
  • Stereotactic Radiation Therapy
    • LINAC
    • Other Types
  • Conventional Radiation Therapy
• Surgery
• Chemotherapy
• Immunotherapy
• Other Therapies

North America Veterinary Oncology Cancer Type Outlook (Revenue, USD Million, 2018 - 2030)

• Skin Cancers
• Lymphomas
• Sarcomas
• Others

North America Veterinary Oncology Country Outlook (Revenue, USD Million, 2018 - 2030)

• US.
• Canada
• Mexico

List of Key Players of North America Veterinary Oncology Market

• Zoetis
• IDEXX
• Antech Diagnostics, Inc. (Mars Inc.)
• Thermo Fisher Scientific Inc.
• Neogen Corporation
• Gold Standard Diagnostics (Eurofins Technologies)
• Bio-Rad Laboratories, Inc
• Ring BioTherapy Co Ltd.
• QIAGEN N.V.
• BIONOTE

About Grand View Research

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

Construction Anchors Market to Expand at a CAGR of 3.9% Through 2030: Grand View Research Inc.

 Construction Anchors Market Growth & Trends

The global construction anchors market size is expected to reach USD 3.90 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 3.9% from 2024 to 2030 This growth can be attributed to the surging demand for advanced construction anchors and fasteners for connecting structural elements. Moreover, the development of new and innovative products and hassle-free installation techniques has considerably driven the market. They are commonly used to fasten structural elements such as columns, beams, equipment, machinery, and other heavy loads.

Mechanical anchors are majorly used for fastening elements of main structural concrete such as slabs, beams, and columns. Torque-controlled expansion anchors are the most commonly used mechanical anchors owing to their quick installation time and easy application. Chemical anchors consist of bonding material and an embedded metal part placed in a pre-drilled hole in the base material. The growing demand for products in the construction industry arises from the need to address current construction problems as well as future innovative structural designs. Presently, the problems include widespread infrastructural decay, which is attributed to the durability of construction materials in concrete structures.

The rapidly expanding construction industry is driving market demand. The increasing focus on advanced architectural design in the construction sector is projected to create potential demand for innovative buildings over the forecast period. The economic development across rapidly developing countries, including China and India, is projected to accelerate market growth over the forecast period.

The players in the construction anchors industry sell their products through a distribution channel, their supplier network, or through sales offices present around the world. The manufacturers are involved in the production of various types of construction anchors, such as concrete screws, lag shields, hammer-set anchors, plastic wall plugs, and anchor bolts. The manufacturers also create their websites or sell their products through third-party websites to expand their presence in other countries.

The need to overcome the limitations of mechanical anchor, such as its expansion against the size of the sides of the hole, is a major challenge in the global construction anchor industry. This expansion induces compression stress, which requires a sufficient amount of base material that can withstand the evolved stress. This pose is a major challenge that needs to be overcome in the upcoming products by the manufacturers to grow their market share. 

Request a free sample copy or view report summary: Construction Anchors Market Report

Construction Anchors Market Report Highlights

• Among products, the mechanical segment dominated the market with 45.3% in terms of revenue in 2023. High durability and rigidity, along with ease of maintenance offered by construction anchors, lead to their surged adoption in the construction industry around the world. Moreover, they are less sensitive to poor installer techniques and can be loaded immediately into the concrete structures. These factors are also anticipated to surge their consumption in commercial and industrial establishments in the coming years.
• Stainless steel anchors dominated the industry and accounted for 53.0% of the overall demand in 2023. However, stainless steel is expected to witness lower growth as compared to its counterpart owing to the increasing penetration of carbon steel anchors in applications such as light poles, highway signs, heavy equipment, and bridge rails on account of their high corrosion resistance and strength-to-weight ratio. However, the high mechanical strength offered by stainless steel anchors is expected to be an important factor triggering their steady growth over the forecast period.
• Commercial buildings led the global market in 2023 by accounting for a revenue share of 31.0% of the overall market. Construction anchors are widely used in commercial applications owing to their ability to provide a secure mounting system to safely hang items to concrete, brick, or block walls. The flourishing commercial sector in developing economies, such as India, Mexico, Brazil, and Indonesia, with required regulatory support in terms of permits for building materials, is expected to fuel the demand for different construction anchors in commercial applications over the forecast period.
• The Asia Pacific construction anchors industry is expected to grow at the fastest CAGR of 4.4% in terms of revenue over the forecast period, owing to a positive outlook toward the overall product demand in the region. Moreover, the penetration of multinational brands backed by favorable trade policies is contributing to the growth of the construction sector in Asia Pacific. The consequent rise of office spaces, factories, manufacturing plants, and infrastructural development projects across the region is likely to propel the demand for construction anchors.
• The market is highly competitive owing to the presence of a large number of manufacturers. Prominent suppliers are focusing on achieving optimal operational costs, maximizing the efficiency of production facilities, attaining shortened lead times, and enhancing the quality of products to maintain their dominance in the market. A major challenge faced by the competitors is the fluctuation of raw material prices; hence, a high degree of backward and forward integration is likely to be observed among the major players in the market. This will further intensify the market rivalry and competition, making it difficult for emerging players to sustain in the market.

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

Construction Anchors Market Segmentation

Grand View Research has segmented the global construction anchors market based on product, material, end use, and region:

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

• Hangers
• Mechanical
  • Cast-in Anchors
  • Post-installed Anchors
    • Screw
    • Expansion
    • Undercut
  • Chemical
  • Nail-in
  • Wall
  • Other Products

Construction Anchors Material Outlook (Revenue, USD Million, 2018 - 2030)

• Stainless Steel
• Carbon Steel
• Other Materials

Construction Anchors End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Residential
• Commercial
• Industrial
• Infrastructural

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

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

List of Key Players in the Construction Anchors Market

• Hilti Corporation
• Stanley Black & Decker, Inc.- DEWALT
• Illinois Tool Works, Inc.
• Wurth Group
• Fischer Fixings UK Ltd.
• Mechanical Plastics Corp.
• Cobra Anchors
• MKT Fastening, LLC
• SFS Group Fastening Technology Ltd.
• Friulsider S.P.A.
• Sika AG
• Koelner Rawlplug IP
• Guangdong Kin Long Hardware Products Co., Ltd.

About Grand View Research

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