Term Insurance Market 2024 Global Key Vendors Analysis, Revenue, Trends & Forecast to 2030

 Term Insurance Market Growth & Trends

The global term insurance market size is anticipated to reach USD 1,897.40 billion by 2030 and is anticipated to expand at a CAGR of 8.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing digital transformation in the insurance sector is expected to create growth opportunities for the market. Various factors, such as the growing disposable income of the population, the emergence of InsurTech, and the growing middle-class population in developing economies such as China, India, and Brazil, are propelling the demand for the term insurance.

The growing digitization of the insurance industry is driving prominent term insurance providers to launch digital solutions. For instance, in November 2023, Life Insurance Corporation of India launched a new Tech-Term Insurance Plan. The new Tech-Term insurance plan is a non-linked, pure protection, online, and without-profit term insurance plan. The plan is available through online processes only, and no intermediaries are involved. Such plans are driving the adoption of term insurance among consumers due to its easy access and hassle-free process, thus benefiting the market’s growth.

Term Insurance providers are adopting cutting-edge advanced technology to automate the insurance process, reduce operating costs, and improve efficiency. This technology includes machine learning for the automation of risky and complex processes and artificial intelligence such as blockchain, robotic process automation, and robot advisors for the automation of insurance. Such technologies are expected to improve the risk-return trade-off for both insurers and policyholders, thus harnessing the market’s growth over the forecast period.

However, the term insurance sector encounters notable challenges, such as low public awareness about the benefits, evolving regulatory requirements, complex underwriting processes, and the need for affordable yet comprehensive coverage. Market leaders are actively working to address these challenges, simplifying policies, improving customer education, and adapting to changing regulations to stimulate market growth.

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Term Insurance Market Report Highlights

• The individual-level term life insurance segment is expected to grow significantly over the forecast period. The increasing awareness of the importance of financial protection and the need for affordable coverage among individuals and families are driving the segment’s growth.
• The broker segment is expected to grow significantly over the forecast period. The ability of brokers to provide personalized, expert guidance to customers, helping them navigate the complex insurance landscape and select policies that best suit their needs, is driving the segment’s growth.
• North America is anticipated to register significant growth over the forecast period. The regional growth can be attributed to the rising adoption of cutting-edge advanced technology to automate the insurance process, reduce operating costs, and improve efficiency.
• In August 2023, The Savings Bank Mutual Life Insurance Company of Massachusetts announced the launch of its new solution, AcceleRate. This innovative offering assures distribution partners and customers of rapid processing, dependability, and convenience, coupled with competitive rates on a range of term and whole life insurance products. The launch marks a significant advancement in the company's commitment to providing efficient and value-driven solutions in the insurance market.

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Term Insurance Market Segmentation

Grand View Research has segmented the global term insurance market based on type, distribution channel, and region.

Term Insurance Type Outlook (Revenue, USD Billion, 2017 - 2030)

• Individual Level Term Life Insurance
• Group Level Term Life Insurance
• Decreasing Term Life Insurance

Term Insurance Distribution Channel Outlook (Revenue, USD Billion, 2017 - 2030)

• Tied Agents & Branches
• Brokers
• Others

Term Insurance Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List of Key Players in the Term Insurance Market

• MetLife Services and Solutions, LLC.
• Aegon Life Insurance Company Limited
• Prudential Financial, Inc.
• The Northwestern Mutual Life Insurance Company
• State Farm Mutual Automobile Insurance Company
• Massachusetts Mutual Life Insurance Company
• American International Group, Inc.
• Lincoln National Corporation
• John Hancock
• China Life Insurance (Overseas) Company Limited
• Bajaj Allianz Life Insurance 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.

Sports Nutrition And Dietary Supplements Testing & Certification Market Poised to Expand at a Robust Pace Over 2030: Grand View Research Inc.

 Sports Nutrition And Dietary Supplements Testing & Certification Market Growth & Trends

The global sports nutrition and dietary supplements testing & certification market size is anticipated to reach USD 1,042.6 million by 2030 and is projected to grow at a CAGR of 13.60% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is anticipated to experience growth due to factors such as the sale of counterfeit products, heightened health consciousness, increased awareness of sports nutrition and dietary supplements, and improved accessibility and availability of supplements.

Protein verification services are becoming an increasingly important type of testing procedure in the global market. These services include testing and verification of the amount of protein in a product to ensure that it matches the label claim. This is important for athletes and fitness enthusiasts who rely on protein supplements to build & repair muscles. However, with growing accessibility to supplements, the risk of product counterfeiting is also rising. Several cases of product counterfeiting and mislabeling have been observed in recent years, which has increased concerns about fake supplement products. For instance, in 2019, owners of Blackstone Labs were charged for selling dietary supplements containing various illegal constituents such as DMBA, SARMs, and dimethazine.

The charges alleged that the owners of Blackstone Labs were aware that their products were illegal and formed illicit companies to manufacture their products & then supply them through distributors. Moreover, several government agencies are also taking cognizance of the situation and taking action to seize the supply of fraudulent products.

The market has witnessed significant growth post-pandemic due to the increasing awareness among consumers regarding health and wellness. The market is driven by several factors, including the rising demand for safe & effective products, increasing stringency of regulations governing the quality of these products, and the growing trend of fitness & healthy lifestyle. Majority of the manufacturers operating in sports nutrition are emphasizing R&D activities to develop innovative products as per customer needs, thereby generating substantial growth opportunities. Thus, the increasing demand for sports nutrition products & dietary supplements and heightened focus on ensuring the safety and quality of these products post-pandemic are expected to drive the market growth in the near future.

The lack of safety and testing infrastructure for sports nutrition and dietary supplements in developing countries poses significant challenges. The availability of accredited laboratories for testing the safety and quality of sports nutrition products may be scarce in developing countries. This limitation hinders conducting thorough analyses and ensuring compliance with established standards. Developing countries may face a shortage of qualified professionals with expertise in assessing the safety and efficacy of dietary supplements. This hindrance in the growth of nutrition and supplements industry may further impede the growth of allied industries such as testing and certification services.

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Sports Nutrition And Dietary Supplements Testing & Certification Market Report Highlights

• Based on type, the analytical testing segment led the market with the largest revenue share of 41.02% in 2023, owing to technological advancements in analytical methods, such as High-Performance Liquid Chromatography (HPLC) and mass spectrometrythat enhance the precision and efficiency of these tests, making them essential for product development and quality assurance
• Based on ingredient, the amino acidsegment led the market with the largest revenue share of 25.46% in 2023. On the other hand, herbal segment is expected to grow at the fastest CAGR of 15.47% from 2024 to 2030
• Based on service provider, the testing laboratories & companies segment led the market with the largest revenue share of 70.22% in 2023. Furthermore, regulatory consulting companies are expected to grow at the fastest CAGR over the forecast period
• Based on end use, the manufacturers segment led the market with the largest revenue share of 48.92% in 2023, as manufacturers are leveraging technology to streamline the certification process and enhance transparency
• North America dominated the market with the largest revenue share of 39.69% in 2023, owing to factors such as heightened awareness regarding sports nutritional products & supplements, stringent government regulations, etc.

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Sports Nutrition And Dietary Supplements Testing & Certification Market Segmentation

Grand View Research has segmented the global sports nutrition and dietary supplements testing & certification market based on type, ingredient, service provider, end-use, and region:

Sport Nutrition And Dietary Supplements Testing & Certification Type Outlook (Revenue, USD Million, 2018 - 2030)

• Stability Testing
• Analytical Testing
• Microbiological Testing
• Regulatory Testing & Compliance
• Others

Sport Nutrition And Dietary Supplements Testing & Certification Ingredient Outlook (Revenue, USD Million, 2018 - 2030)

• Herbal
• Vitamins
• Minerals
• Amino Acids
• Enzymes
• Probiotics
• Others

Sport Nutrition And Dietary Supplements Testing & Certification Service Provider Outlook (Revenue, USD Million, 2018 - 2030)

• Testing Laboratories & Companies
• Contract Research Organizations (CROs)
• Regulatory Consulting Companies
• Others

Sport Nutrition And Dietary Supplements Testing & Certification End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Manufacturers
• Contract Manufacturers
• Distributors
• Others

Sport Nutrition And Dietary Supplements Testing & Certification Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Sports Nutrition And Dietary Supplements Testing & Certification Market

• NSF International
• Eurofins Scientific
• Intertek Group plc
• BSCG LLC
• UL LLC
• Canadian Analytical Laboratories Inc.
• TÜV SÜD
• SGS Société Générale de Surveillance SA (Nutrasource)
• LGC Limited
• com
• The United States Pharmacopeial Convention (USP)

About Grand View Research

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

Mining Chemicals Market Predicted to Cross $17.54 Billion by 2030: Grand View Research Inc.

 Mining Chemicals Market Growth & Trends

The global mining chemicals market size is expected to reach USD 17.54 billion by 2030 and expanding at a CAGR of 6.4% from 2024 to 2030, as per the new report by Grand View Research, Inc. The growth is majorly driven by factors such as rising demand for minerals, increasing quarrying activities, and water treatment.

The penetration of the product in explosives & drilling applications is considerable due to an increase in mining activities across the globe. Africa has an abundance of natural resources such as gold, diamond, phosphate, copper, iron ore, and many others. Explosives and drilling processes are used to extract minerals from deep earth. The increase in mining activities is likely to boost the growth of the product globally over the forecast period.

The rising demand for different minerals, especially gold, across regions has resulted in a hike in mining activities, which is likely to boost the product over the forecast period. The demand for gold is increasing every year in India, China, the U.S., Saudi Arabia, the UAE, Turkey, Russia, and Egypt, which are its leading consumers. Gold is majorly used for manufacturing jewelry. As of 2020, India and China together account for 57% of the total consumption of gold globally.

Increasing foreign investments in emerging countries of Asia Pacific, including India and China, have contributed to the growth of the mining chemicals in the region. India has an abundance of natural reserves of coal, bauxite, titanium, diamond, and limestone. The growing quarrying and mineral processing activities in the country are projected to promote the utilization of mining chemicals in the region over the forecast period.

Key manufacturers in the industry are focused on expanding the production of their major product portfolios, including high-grade mining chemicals, to gain higher shares. The invention of new technological advancements in chemical mining has led to the development of environmentally friendly products by admiring of sustainable manufacturing processes for production. Arkema, Sasol, and BASE SE are some of the players in the industry that supply raw materials for the production of sustainable products.

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Mining Chemicals Market Report Highlights

• The Asia Pacific region witnessed the fastest growth rate of 7.0% in terms of revenue from 2024 to 2030. This is attributable to the increasing mining activities in major economies such as India and China
• Based on ore type, Iron ore is expected to grow at a faster growth rate of 6.8% in terms of revenue from 2024 to 2030. The demand for high-grade iron ore is expected to rise over the forecast period due to increasing demand for iron with fewer impurities from the steel industry.
• Gold ore is expected to witness a substantial growth rate of 6.4% after iron ore in terms of revenue from 2024 to 2030, owing to its utilization in different applications, including medicine, water treatment, printing paper, and making colors for painting.
• In terms of application, the explosives & drilling segment accounted for the largest share of 35.6% of the total market volume in 2023. This high share is attributable to the growing demand for minerals and metal leads, as explosives & drilling are majorly used in opencast mining operations.
• Compliance with the regulations is a major concern for the industry players. Sustainable production and distribution of products are achieved by following the required norms. For instance, the European Commission and EPA are key authorities governing the regulations for the European region, which are binding for every manufacturer in the region.

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Mining Chemicals Market Segmentation

Grand View Research has segmented the global mining chemicals market report based on ore type, application, and region:

Mining Chemicals Ore Type Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)

• Powder Gold Ore Type
  • Collectors
  • Coatings
  • Flocculants
  • Grinding Aids
  • Solvent Extractants
  • Dust Suppressants
  • Defoamers
  • Antiscalants
  • Biocides
  • Lubricants
  • Frothers
  • Others
• Iron Ore Type
  • Collectors
  • Coatings
  • Flocculants
  • Grinding Aids
  • Solvent Extractants
  • Dust Suppressants
  • Defoamers
  • Antiscalants
  • Biocides
  • Lubricants
  • Frothers
  • Others
• Copper Ore Type
  • Collectors
  • Coatings
  • Flocculants
  • Grinding Aids
  • Solvent Extractants
  • Dust Suppressants
  • Defoamers
  • Antiscalants
  • Biocides
  • Lubricants
  • Frothers
  • Others
• Phosphate Ore Type
  • Collectors
  • Coatings
  • Flocculants
  • Grinding Aids
  • Solvent Extractants
  • Dust Suppressants
  • Defoamers
  • Antiscalants
  • Biocides
  • Lubricants
  • Frothers
  • Others
• Others Ore Type
  • Collectors
  • Coatings
  • Flocculants
  • Grinding Aids
  • Solvent Extractants
  • Dust Suppressants
  • Defoamers
  • Antiscalants
  • Biocides
  • Lubricants
  • Frothers
  • Others

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

• Mineral Processing
• Explosives and Drilling
• Water Treatment
• Others

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

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Central & South America
  • Brazil
  • Peru
  • Chile
  • Columbia
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Ghana
  • Morocco
  • DRC
  • Zambia
  • Zimbabwe
  • Tanzania
  • Mali
  • Ivory Coast
  • Sudan

List of Key Players in the Mining Chemicals Market

• AECI Mining Chemicals
• BASF SE
• Ashland
• Dow
• Kimleigh Chemicals SA (Pty) Ltd (PTY) LTD
• Cytec Solvay Group
• Arkema
• Clariant
• Nowata
• Kemira
• Shell Chemicals
• Quaker Chemical Corporation
• Akzo Nobel N.V.
• Solenis
• Sasol

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.

Magnetoencephalography Market is Expected to Enhance $432.56 Million Revenue By 2030: Grand View Research Inc.

 Magnetoencephalography Market Growth & Trends

The global magnetoencephalography market size is expected to reach USD 432.56 million by 2030, expanding at a CAGR of 5.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing frequency of new product launches and the rise in the incidence of neurological disorders such as epilepsy, and stroke are key drivers to market growth. In addition, the growing geriatric population is also expected to drive market growth since they are more prone to neurodegenerative diseases. According to the World Health Organization, neurological disorders are a leading cause of death, accounting for 12% of all deaths worldwide.

MEG technologies detect the weak magnetic fields created in the brain and use them to quantify brain functionality and map brain activity. In a clinical setting, MEG provides a number of inherent applications. Scans can be performed in a safe and silent atmosphere due to the passive nature of the recordings, which even allows a patient's companion to be present within the shielded area.

Technological developments are likely to contribute to market expansion, such as the introduction of whole-head systems and developments in computer technology, MEG has evolved significantly in the last two decades. Whenever a precise and high degree of localization is required, MEG is now the imaging modality of choice. Furthermore, magnetoencephalography (MEG), is an invaluable tool that is used by researchers to study the connections and dynamics of large-scale brain activity.

The market's prominent competitors are acquiring medium and small-sized businesses in order to expand their product portfolio and enhance their manufacturing capacity. For instance, the University of Nottingham has partnered with Magnetic Shields Limited (MSL) of Kent to develop Cerca Magnetics Limited, a new spin-out company that will deliver the world's most advanced functional wearable brain scanner to market. It is designed to let people move around freely while being scanned. 

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Magnetoencephalography Market Report Highlights

• By application, the clinical segment dominated the market in 2023 and is further expected to grow at the fastest CAGR of about 6.0% over the forecast period.
• The clinical segment is further sub-segmented into dementia, autism, schizophrenia, multiple sclerosis, stroke, epilepsy, and others, in which the epilepsy sub-segment held the largest market share owing to its increasing prevalence worldwide
• In terms of end use, the hospital segment held the largest share in 2023, owing to the increasing number of hospitals in developing countries and growing competition among healthcare service providers
• The imaging center segment is expected to experience the fastest growth rate during the forecast period due to its convenience, proximity, and lower costs to patients and insurers
• Asia Pacific is anticipated to be growing at the fastest CAGR during the forecast period due to the presence of untapped opportunities in the emerging economies in China and India

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Magnetoencephalography Market Segmentation

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

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

• Clinical
  • Dementia
  • Autism
  • Schizophrenia
  • Multiple Sclerosis
  • Stroke
  • Epilepsy
  • Others
• Research

Magnetoencephalography End Use Channel Outlook (Revenue, USD Million, 2018 - 2030­)

• Hospitals
• Imaging Ccenters
• Academic and Rresearch Iinstitutes

Magnetoencephalography 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
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait

List of Key Players in Magnetoencephalography Market

• Compumedics Limited
• MEGIN
• Ricoh
• CTF MEG NEURO INNOVATIONS, INC.
• FieldLine Inc.
• Cerca Magnetics Limited

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.

Buccal Drug Delivery Systems Market Is Expected To Gain Significant Traction Over The Forecast Period: Grand View Research Inc.

 Buccal Drug Delivery Systems Market Growth & Trends

The global buccal drug delivery systems market size is expected to reach USD 6.56 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 6.2% from 2024 to 2030. Buccal drug delivery systems have gained significant momentum since the last decade. Elimination of first-pass metabolism, quick absorption of the pH-sensitive drug, no interaction with stomach acid, quicker onset of action than any oral dose, minimal side effects, and reduced drug degradation are some of the factors fueling the market growth. Buccal drug delivery has gained large acceptance among geriatric patients and patients having difficulty swallowing.

Leading players like Generex, NovaDel, Biodiversity Sciences International, and Transcept Pharmaceuticals are constantly developing critical drugs like insulin, heparin, morphine, long-lasting pain analgesics, and some anti cardiac drugs into rapid mists, mucoadhesive discs, and lozenges. Commercialization of this research would eventually lead to being a major life savior as it would ensure the faster onset of action and eliminate drug degradation. Despite the increased R&D activity among market players, asteep decline was observed in the sales and revenue gainsdue to the outbreak of the Covid-19 pandemic. Except for covid medications, several other drug markets were majorly hit leading to the dip in the market for buccal drug delivery. However, it is expected to bounce back by 2022.

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Buccal Drug Delivery Systems Market Report Highlights

• The buccal tablets and lozenges type segment accounted for the largest revenue share in 2023 due to its wider acceptance among patients
• The smoking cessation application segment held the largest share in 2023. Buccal drug delivery is often the most preferred and effective formulation for treating patients with smoking or nicotine addiction
• The hospital end-user segment captured the largest revenue share in 2023 owing to a large number of admissions of geriatric patients and abundant medication supplies
• North America held the largest revenue share in 2023 due to a large number of leading manufacturers and growing research in the region

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Buccal Drug Delivery Systems Market Segmentation

Grand View Research has segmented the global buccal drug delivery systems market on the basis of type, application, end-user, and region:

Buccal Drug Delivery Systems Type Outlook (Revenue, USD Million, 2018 - 2030)

• Sublingual Films and Wafers
• Buccal Tablets/Lozenges
• Oral Sprays

Buccal Drug Delivery Systems Application Outlook (Revenue, USD Million, 2018 - 2030)

• Pain Management
• Smoking Cessation
• Angina Pectoris
• Others

Buccal Drug Delivery Systems End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Ambulatory Centers
• Others (Clinics, Home Health/OTC)

Buccal Drug Delivery Systems Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List Of Key Players in the Buccal Drug Delivery Systems Market

• GSK plc
• Teva Pharmaceutical Industries Ltd.
• Pfizer Inc.
• Generex Biotechnology Corporation (LUMITOS AG)
• ARx, LLC.
• Endo, Inc.
• Catalent, Inc
• Cynapsus Therapeutics Inc.
• Collegium Pharmaceutical
• Indivior PLC

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.

T-cell Lymphoma Market is Anticipated To Generate Significant Revenues by 2030: Grand View Research Inc.

 T-cell Lymphoma Market Growth & Trends

The global T-cell lymphoma market size is anticipated to reach USD 3.70 billion by 2030, expanding at a CAGR of 8.83% from 2024 to 2030, according to a new report by Grand View Research, Inc. The TCL market is expanding substantially, driven by advancements in treatment options and strategic initiatives by pharmaceutical companies. The introduction of 14 new pipeline agents and expanded therapies for new indications are key factors fueling this growth. These developments aim to provide patients with more treatment choices beyond traditional chemotherapy, which has been a cornerstone in TCL therapy.

In 2023, the U.S. reported around 12,600 new cases of Peripheral T-Cell Lymphoma (PTCL), a number expected to rise by 2030, reflecting an increasing disease incidence. Moreover, CAR-T therapies for Non-Hodgkin Lymphoma (NHL) in markets such as the United States, France, Germany, Italy, Spain, UK, and Japan totaled approximately 155,300 cases in 2023. The pipeline for CAR-T therapies is diverse, targeting various stages of development and focusing mainly on B-cell Lymphoma types, with emerging interest in PTCL treatments.

Currently, anthracycline-based chemotherapy remains standard for newly diagnosed PTCL patients, with regimens like CHOP or CHOEP being typical first-line treatments. However, newer approaches such as CHP-BV for ALCL illustrate a shift towards more targeted therapies, enhancing treatment efficacy. Additionally, Japan has seen significant advancements with the introduction of drugs like HIYASTA, DARVIAS, and REMITORO for ATLL and R/R PTCL, expanding treatment options and driving market growth. These innovations provide hope for better outcomes, particularly for patients with limited therapeutic choices.

The field of CAR-T and NK cell therapies is also progressing, moving from preclinical phases to larger clinical studies. These innovative approaches offer promising prospects for personalized TCL treatments. In addition, biologics targeting specific TCL-related proteins and signals are under development, including PD-1/PD-L1 inhibitors, NK-cell engagers, anti-CD47 antibodies, and drugs like mogamulizumab targeting CCR4. These advancements aim to create more precise treatment platforms, potentially improving patient outcomes.

Looking ahead, strategic initiatives by pharmaceutical companies are expected to drive significant market changes by 2030, particularly in Japan and the U.S. These initiatives include introducing established drugs into new markets, exploring novel treatment approaches, and focusing on under-researched targets tailored to TCL subtypes.

However, the market faces challenges such as patent expires on standard treatments, leading to generic competition that could impact sales. Nonetheless, the entry of new agents into the market is anticipated to mitigate these challenges and sustain growth momentum.

Key players like Takeda Pharmaceuticals, Bristol-Myers Squibb, and Novartis are pivotal in driving market dynamics, alongside emerging firms such as Citius Pharmaceuticals, Innate Pharma, and Soligenix. Their innovative therapies like ADCETRIS and POTELIGEO are crucial in meeting TCL treatment needs. Novartis's commitment to CAR-T therapies underscores ongoing innovation, while emerging treatments like I/ONTAK (E7777), SGX301, and Lacutamab are poised to further enrich TCL management strategies. These companies are pivotal in shaping the future TCL landscape through strategic initiatives and pioneering treatments.

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T-cell Lymphoma Market Report Highlights

• Based on type, the Peripheral T-Cell Lymphoma (PTCL) segment held the largest revenue share of 66.47% in 2023
• Based on therapy, the chemotherapy segment held the largest revenue share of 26.69% in 2023. For many years, chemotherapy has been the cornerstone of TCL treatment, with regimens such as CHOP (cyclophosphamide, doxorubicin, vincristine, and prednisone) and CHOEP (cyclophosphamide, doxorubicin, vincristine, etoposide, and prednisone) being commonly used. These regimens are widely recognized for their effectiveness in managing disease and are typically the first line of treatment for newly diagnosed patients
• The Immunotherapy segment is expected to grow with a fastest growth rate of 7.21% over the forecast period. This rapid growth is driven by significant advancements and the introduction of novel therapies that harness the body's immune system to target cancer cells more precisely
• North America represents the largest market with share of 37.67% in 2023, driven by advanced healthcare infrastructure, high healthcare expenditure, and significant ongoing research and development

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T-Cell Lymphoma Market Segmentation

Grand View Research has segmented the global T-Cell lymphoma market based on type, therapy, and region:

T-Cell Lymphoma Type Outlook (Revenue, USD Million, 2018 - 2030)

• Peripheral
  • Cutaneous T-cell Lymphoma
  • Anaplastic Large Cell Lymphoma
  • Angio-immuno-blastic T-cell Lymphoma
  • Other
• Lymphoblastic

T-Cell Lymphoma Therapy Outlook (Revenue, USD Million, 2018 - 2030)

• Radiotherapy
• Chemotherapy
• Immunotherapy
• Stem Cell Transplantation
• Other

T-Cell Lymphoma 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 & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait

List of Key Players in the T-cell Lymphoma Market

• Acrotech Biopharma
• Affimed GmbH
• Bristol Myers Squibb
• Chipscreen Biosciences
• Citius Pharma
• Daiichi Sankyo Company, Limited
• Eisai Co., Ltd.
• Genor Biopharma Co. Ltd
• Innate Pharma
• Dizal Pharma

About Grand View Research

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

Dental Impression System Market will be Worth $3.19 Billion by 2030: Grand View Research Inc.

 Dental Impression System Market Growth & Trends

The global dental impression system market size is expected to reach USD 3.19 billion by 2030, expanding at a CAGR of 9.4%, according to a new report by Grand View Research, Inc. The market is experiencing significant growth due to several key factors. The rising demand for cosmetic dental procedures, such as teeth whitening, veneers, and dental implants, is a major driver for the market growth. As individuals become increasingly conscious of their appearance and seek to enhance their smiles, the need for accurate dental impressions to create customized restorations has increased.   

Moreover, the growing prevalence of dental diseases, including dental caries, periodontal diseases, and tooth loss, is another significant factor contributing to the expansion of the market. As more people seek treatment for these conditions, the demand for accurate dental impressions to create prosthetics, crowns, and other restorative solutions has risen. According to the World Health Organization 2023 report, nearly 3.5 billion people globally suffered from oral diseases, highlighting the substantial market potential for dental impression systems.

Furthermore, the adoption of digital dentistry technologies, such as intraoral scanners and CAD/CAM systems, has revolutionized the dental impression process. These advanced systems offer increased accuracy, efficiency, and patient comfort compared to traditional impression techniques, driving their widespread adoption in the industry. In 2023, a leading dental technology company, Dentsply Sirona, launched its latest intraoral scanner, the CEREC Primescan, which features improved scanning speed and accuracy, further boosting the demand for digital dental impression systems. As these technologies continue to advance and become more accessible, they are expected to play a significant role in shaping the future of the dental impression system market.

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Dental Impression System Market Report Highlights

• Based on product, the impression materials segment dominated the market and held the largest revenue share of over 44.39% in 2023. This is primarily due to their widespread use in various dental procedures, including crowns, bridges, and dentures, where they provide excellent precision and detail for accurate dental impressions
• Based on application, the restorative & prosthodontics dentistry segment dominated the market and held the largest revenue share of over 60.97% in 2023 due to the growing edentulous population and the increasing demand for dental restorations and prosthetics. The segment's dominance is also attributed to the high prevalence of dental diseases and the rising need for cosmetic dentistry
• Based on end-use, the dental clinics segment dominated the market with a revenue share of over 56.0% in 2023, and is expected to grow at the fastest CAGR of 10.0% from 2024 to 2030 due to the rising incidence of dental diseases and the growing need for advanced dental treatments. The segment's dominance is also attributed to the increasing adoption of digital impression systems in dental clinics, which enhance the accuracy and efficiency of dental procedures
• In 2023, Europe led the market with a share of 40.39%, due to the high prevalence of dental diseases and a growing demand for cosmetic dentistry. Additionally, the presence of key market players and ongoing research and development activities further fueled the market growth in Europe

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Dental Impression System Market Segmentation

Grand View Research has segmented the global dental impression system market based on product, application, end-use and region:

Dental Impression System Product Outlook (Revenue, USD Million, 2018 - 2030)

• Impression Materials
• Intraoral Scanners
• Impression Trays
• Others

Dental Impression System Application Outlook (Revenue, USD Million, 2018 - 2030)

• Restorative & Prosthodontics Dentistry
• Orthodontics

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

• Hospitals
• Dental Clinics
• Others

Dental Impression System Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Dental Impression System Market

• 3M Company
• Dentsply Sirona
• Henry Schein Inc.
• Mitsui Chemicals (Kulzer GmbH)
• Envista (Kerr Corporation)
• 3Shape
• Ivoclar Vivadent 
• Coltene Group
• Ultradent Products Inc.
• Septodont Holding.

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. Pre-engineered Metal Building Market to Incur Meteoric Growth During 2024 to 2030: Grand View Research Inc.

 U.S. Pre-engineered Metal Building Market Growth & Trends

The U.S. pre-engineered metal building market size is expected to reach USD 21.03 billion by 2030, growing at a CAGR of 8.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth is attributed to the advantages of pre-engineered metal buildings over conventional steel buildings, including less erection time and costs, high seismic resistance, and lightweight. Growing inflation and increasing cost of raw materials are projected to further enhance the necessity of pre-engineered metal buildings in the U.S. over the forecast period.

Increasingly prioritizing sustainability by governments, businesses, and consumers which is resulting in growing demand for green building solutions in the U.S. such as pre-engineered metal buildings. By aligning with sustainability initiatives and offering eco-friendly solutions, PEMB providers can not only drive the market but also contribute positively to environmental conservation efforts in the U.S.

Growing awareness regarding maintaining a clean environment has boosted the adoption of pre-engineered metal buildings as they do not generate any on-site waste, and steel is recyclable. In addition, they provide various advantages, such as cost-effectiveness, reduced labor and maintenance costs, and a faster design & construction process, which makes them preferable for making modular buildings.

Moreover, support for decarbonization has increased the demand for green steel, particularly from the end user market. This is consistent with the steel industry's growing shift toward environment-friendly steel production to reach net-zero emissions. With their goals to employ sustainable steel products, many end-use industries, such as automotive, office, warehouse, education, healthcare, agriculture, and lodging & restaurants, are expected to increase the demand for low-carbon steel and thus, propel the use of pre-engineered metal buildings over the forecast period.

The pre-engineered metal industry is progressive and provides numerous advantages to consumers over traditional construction. However, the market faces certain challenges, which can hinder its growth. The demand for prefabricated construction is growing for apartment buildings and hotels, where every unit can be standardized and stacked over one another. But, in cases where the modules need to be distinct and non-repetitive, pre-engineered construction loses its key advantages of cost and time to a certain extent.

The value chain of the pre-engineered building market is characterized by the presence of raw material manufacturers/suppliers, manufacturers, and contractors/erectors. The designing of PEB structures is done using software, such as StaadPro, AutoCAD, MBS, and Tekla. The design is then sent to the customer for approval, after which fabrication of the building is initiated.

The transporters of pre-engineered metal building must be careful with problems such as bridges, tight turns, traffic problems, crane setup, and any temporary road closure permits. Companies must plan module sizes in accordance with the size of the road and the capacity of the crane. Furthermore, skilled labor is required to handle trailers and cranes. Thus, the transportation of prefabricated structures from off-site to on-site is one of the challenges for the market.

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U.S. Pre-engineered Metal Building Market Report Highlights

• The demand for the product is expected to increase at the fastest rate of 9.2% in manufacturing application over the forecast period. For manufacturing plants looking to expand their operations or increase production capacity, pre-engineered metal buildings offer a flexible and scalable solution. Additional modules can be easily added to existing structures, allowing businesses to grow without significant downtime or disruption to their operations
• Major market players are continuously focusing on research and development activities to improve the quality of steel during its processing for developing high-quality pre-engineered metal buildings
• The fluctuations in steel prices are expected to be a key concern for the suppliers. However, the presence of raw material suppliers in large numbers in the U.S. is projected to ease raw material procurement. Furthermore, the availability of advanced transportation facilities in the U.S. is projected to ensure low bargaining power of suppliers in the market over the forecast period
• The U.S. pre-engineered metal building market is very competitive owing to the presence of medium- to large-scale players. Pre-engineered metal buildings are attractive alternatives to traditional wood buildings owing to their quick construction, high strength and versatility, and reduced costs. These buildings are developed offsite in specialized facilities and are primarily made by assembling components, such as walls, roofs, and staircases. Thus, pre-engineered metal buildings require additional capital investments and land availability for expansion purposes

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U.S. Pre-engineered Metal Building Market Segmentation

Grand View Research has segmented the U.S. pre-engineered metal building market on the basis of application:

U.S. Pre-engineered Metal building Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Office
• Warehouse
• Healthcare
• Education
• Recreational
• Manufacturing
• Agriculture
• Lodging & Restaurants
• Other Applications

List of Key Players of U.S. Pre-engineered Metal Building Market

• BlueScope Buildings North America
• Western Steel Buildings
• American Buildings
• PEMB-USA
• Kirby Building Systems, LLC
• Phenix Construction Technologies
• Nucor Building Systems
• Inland Building Systems
• Star Building Systems
• Schulte Building Systems, Inc.
• Cornerstone Building Brands, Inc.
• Corle Building Systems, Inc.
• SBI Metal Buildings
• Great Western Buildings

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.

AI In Mental Health Market to Reflect a Holistic Expansion During 2024 to 2030: Grand View Research Inc.

 Artificial Intelligence In Mental Health Market & Trends

The global AI in mental health market size is expected to reach USD 5.08 billion by 2030, growing at a CAGR of 24.10% from 2024 to 2030, according to a new report by Grand View Research, Inc. Mental health has become a major concern nowadays; increasing prevalence of mental health disorders including anxiety, depression, schizophrenia lead to the rapid adoption of mental health apps, where technologies such as AI can leverage several advantages, including personalized therapies and predicting disorders. According to WHO January 2022 insights, Schizophrenia affects nearly 24 million people or 1 in 300 people (0.32%) worldwide. This rate is 1 in 222 people (0.45%) among adults.

According to February 2023 insights from WHO, in 2021, over 150 million individuals were grappling with mental health issues in Europe. The COVID-19 pandemic has intensified these problems over recent years, with reduced access to healthcare services. The surge in stress, economic downturns, conflicts, and violence has highlighted the fragility of mental well-being. Simultaneously, the field of artificial intelligence (AI) is revolutionizing medicine and healthcare. AI is emerging as a crucial tool in planning mental health services identifying and monitoring mental health conditions among individuals and communities. Utilizing digitized healthcare data, including electronic health records, medical imaging, and handwritten clinical notes, AI-powered tools enhance task automation, support healthcare professionals, and enrich our understanding of complex mental health disorders.

Technological advancements in AI algorithms such as speech and text analytics, therapeutic chatbot to detect signs of mental health conditions such as depression, anxiety, and PTSD. Applications like Woebot and Wysa use conversational AI to interact with users and provide real-time mental health support. Virtual therapists powered by AI provide cognitive behavioral therapy (CBT) and other therapeutic modalities through chat interfaces or voice conversations. These tools are available 24/7, offering immediate support. Such factors are expected to fuel the demand for AI technologies in mental health.

The emergence of numerous startups in the AI in mental health market has been notable. The proliferation of numerous startups is a significant driver of market growth. Their entry into the market stimulates investment, encourages technological advancements, and expands the scope of AI applications in healthcare. The collective efforts of these startups fuel momentum in the AI healthcare market, propelling it towards greater innovation, efficiency, and effectiveness in delivering healthcare solutions. Some of the startup companies are Activa Health, Kahuna, and Likeminded among others.

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AI In Mental Health Market Report Highlights

• Based on offering, the software segment dominated the global market in 2023 with the largest revenue share of 75.7% and is expected to grow at the largest CAGR from 2024 TO 2030. This large share is attributed to the increasing adoption of mental health apps to support AI technologies.
• Based on technology, the Natural Language Process (NLP) segment dominated the market in 2023. The advancement in the NLP algorithm for several mental disorder applications would likely drive its demand in the market. Machine Learning (ML) is expected to grow at the fastest CAGR of 39.1% from 2024 to 2030.
• Based on the disorder, the anxiety disorder segment held the largest market share in 2023. This can be attributed to the growing prevalence of anxiety disorders among the population and the increasing number of startups launching AI-powered solutions for mental disorders. On the other hand, the schizophrenia segment is expected to grow at a significant CAGR from 2024 to 2030.
• North America dominated the market and accounted for the largest revenue share of over 55.0% in 2023, owing to the rising prevalence of mental disorders, readiness to adopt advanced technologies, presence of several key players, and growing geriatric population. Europe is anticipated to witness significant growth from 2024 to 2030.

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AI In Mental Health Market Segmentation

Grand View Research, has segmented the global AI in mental health market report based on offering, technology, disorder, and region:

AI In Mental Health Offering Outlook (Revenue, USD Million, 2018 - 2030)

• Software
• Services

AI In Mental Health Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Machine Learning
  • Deep learning
  • Others
• Natural Language Processing
  • Text analytics
  • Speech analytics
  • Smart Assistance
  • Others
• Others

AI In Mental Health Disorder Outlook (Revenue, USD Million, 2018 - 2030)

• Anxiety
• Depression
• Schizophrenia
• Post-Traumatic Stress Disorder (PTSD)
• Insomnia
• Others

AI In Mental Health Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of the key Players in the AI In Mental Health Market

• Companies With Dedicated Portfolio
  • Wysa Ltd,
  • Woebot Health
  • Spring Care, Inc.
  • Lyra Health, Inc.
  • Meru
  • New Life Solution, Inc. (meQ)
  • Quartet
  • Syra Health
  • Limbic
  • Kintsugi Mindful Wellness, Inc
  • Aiberry
  • Ellipsis Health
  • SilverCloud (American Well Corporation)
  • HEADSPACE HEALTH
• Companies With Diversified Portfolio
  • Fortis Healthcare
  • Google
  • Microsoft
  • NextGen Healthcare

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.

Virtual Power Plant Market Report by Opportunity, Demand, Recent Trends, Major Driving Factors and Business Growth Strategies

 Virtual Power Plant Market Growth & Trends

The global virtual power plant market size is anticipated to reach USD 16.65 billion by 2030 and is anticipated to expand at a CAGR of 22.2% from 2024 to 2030, according to a new report by Grand View Research. Virtual power plants (VPPs) can play a significant role in reducing carbon emissions in the energy sector. Virtual power plants can be programmed to prioritize the use of clean energy sources and minimize the use of carbon-intensive generation sources when possible, thus lowering overall emissions associated with electricity production. Through advanced control algorithms and real-time monitoring, virtual power plants can optimize energy production and consumption, reducing energy waste and associated emissions.

Virtual power plants offer several benefits to customers, both residential and commercial, by providing them with greater control over their energy consumption and cost savings. Customers can reduce their energy bills by participating in virtual power plant programs. Virtual power plant enables customers to take advantage of time-of-use pricing and demand response opportunities, allowing them to shift energy consumption to lower-cost periods and avoid peak-demand charges. Virtual power plants often come with advanced energy management tools and applications that allow customers to monitor and control their energy usage in real-time.

Stringent government regulations can play a significant role in driving the use of virtual power plants. Regulations aimed at reducing greenhouse gas emissions often incentivize adopting clean energy technologies. Virtual power plants, by enabling the integration of renewables and demand response, contribute to reducing carbon emissions in the energy sector, aligning with government emission reduction goals. Governments often invest in grid modernization efforts to improve the overall efficiency and intelligence of the power grid.

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Virtual Power Plant Market Report Highlights

• In terms of technology, the demand response segment dominated the market in 2023. The demand response segment aligns with the broader sustainability goals, making it a critical driver of the VPP market's growth as the world increasingly transitions towards greener and more responsive energy systems
• In terms of end use, the industrial segment dominated the market in 2023. The growth of the segment can be attributed to its substantial energy demands, complex energy management needs, and the potential for significant cost savings and carbon footprint reduction through VPP adoption
• North America dominated the regional market in 2023. The growing awareness of the benefits of renewable power is leading to a rise in demand for renewables such as wind, solar, and hydropower in North America. Furthermore, supportive government initiatives in the region are promoting the development of renewable energysources, which is expected to drive the demand for virtual power plants, thus driving the growth of the regional market
• In June 2023, SolarEdge Technologies, Inc., a smart energy technology leader, unveiled its 1^stbattery virtual power plant that provides grid support through the U.K.'s National Grid ESO Demand Flexibility Service (DFS). This service can be leveraged for SolarEdge home battery owners with eligible smart meters across the U.K. and provides them financial incentives to utilize their stored battery energy during DFS demand events

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Virtual Power Plant Market Segmentation

Grand View Research has segmented the global virtual power plant market on the basis of technology, end use, and region:

Virtual Power Plant Technology Outlook (Revenue, USD Million, 2017 - 2030)

• Distributed Energy Resource
• Demand Response
• Mixed Asset

Virtual Power Plant End Use Outlook (Revenue, USD Million, 2017 - 2030)

• Industrial
• Commercial
• Residential

Virtual Power Plant Region Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Virtual Power Plant Market

• Siemens
• TOSHIBA CORPORATION
• Next Kraftwerke GmbH
• Hitachi, Ltd.
• ABB
• Tesla
• AutoGrid Systems, Inc.
• Limejump Limited
• Sunverge Energy, Inc.
• Centrica plc

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.