UK Health Check-up Market Key Players ,Industry Share ,Growth, And Forecast To 2030: Grand View Research Inc.

 UK Health Check-up Market Growth & Trends

The UK health check-up market size is anticipated to reach USD 3.0 billion by 2030, growing at a CAGR of 6.08% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is driven by the rising prevalence of chronic diseases and the need to provide preventive screening solutions. For instance, according to UK Health indicators, the top four most prevalent chronic conditions in the UK for both men and women are allergies, hypertension, lower back disorders, and depression. Allergies emerged as the most frequently reported chronic issue among both genders, with rates of 30.4% for men and 36.0% for women. Nearly half of the UK population, comprising 45.7% of men and 50.1% of women, disclosed experiencing a persistent condition. A higher proportion of women (22.3%) indicated experiencing some activity limitations due to health issues in the past six months compared to men (18.5%).

Rising government initiatives to provide healthcare solutions is further anticipated to drive market growth. For instance, in February 2024, the National Health Service (NHS) announce the launch of a digital version of the health check-up program for citizens in England. This initiative, known as the NHS Health Check, is designed for individuals aged 40 to 74, which translates to approximately 15 million people across the country. The check-up process typically involves an appointment with a general practitioner (GP), where patients are assessed for potential risks related to type 2 diabetes, strokes, kidney disease, and certain forms of dementia.

Moreover, the introduction of telemedicine in general healthcare practices has fueled the demand for home-based testing solutions. The healthcare ecosystem's digital connectivity framework has further empowered the market during the COVID-19 pandemic. The rising incidence of life-threatening diseases is a major driver for the market. This includes the growing prevalence of non-communicable diseases, such as diabetes, hypertension, cancer, and cardiovascular diseases. This combination of the increased availability of telemedicine and home-based testing, the escalating prevalence of life-threatening diseases, and the need for early detection of asymptomatic conditions are collectively expected to drive the growth and expansion of the market. These factors have enabled individuals to manage their health proactively and have contributed to the overall development of the healthcare ecosystem during the COVID-19 pandemic and beyond.

Furthermore, the rising strategic initiatives undertaken by the key players in the market, such as enhancing healthcare services and fostering collaborations between the public and private sectors, are expected to drive the overall development and expansion of the market. Additionally, the introduction of direct-to-customer testing solutions is anticipated to contribute to the growth and accessibility of check-up services during the forecast period. For instance, in June 2023, NHS announced the launch of home-based digital health checks. This new digital health check has been introduced with the aim of delivering an additional one million checks in the first four years.

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UK Health Check-up Market Report Highlights

• Blood, urine, body fluid tests segment dominated the test type segment and is anticipated to grow at the fastest growth rate over the forecast period owing to the rising adoption and usage of blood, urine, and body fluid samples in preventive care diagnosis.
• Individuals dominated the end-use segment; this is attributed to the growing awareness for preventive health among the population.
• Out-of-pocket dominated the individual end-use segment owing to the rising out-of-pocket spending expenditure by customers for personal check-ups.
• Enterprise segment held a significant share in end-use segment owing to the growing number of companies providing insurance to their employees.

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UK Health Check-up Market Segmentation

Grand View Research has segmented the UK health check-up market based on test type and end-use:

UK Health Check-up Test Type Category Outlook (Revenue, USD Million; 2018 - 2030)

• Blood, Urine, Body Fluid Tests
• Imaging-Based Tests (Xray, CT, US, MRI)
• Non-imaging Tests (ECG, CPET, NCS, EMG, EEG)

UK Health Check-up End-use Outlook (Revenue, USD Million; 2018 - 2030)

• Enterprise
  • Private (Corporate) Sector
  • Government Sector
  • Insurance
• Individual
  • Out of Pocket- Direct Payment for Health Check
  • Individual Health Insurance Plan

List of Key Players in the UK Health Check-up Market

• Quest Diagnostics Incorporated
• Laboratory Corporation of America Holdings
• SYNLAB International GmbH
• OPKO Health, Inc.
• Eurofins Scientific
• UNILABS
• Sonic Healthcare Limited
• ARUP Laboratories
• Q2 Solutions

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.

Data Monetization Solution For Healthcare Providers Market Trends, Company Share, Industry Growth And Future Scope

 Data Monetization Solution For Healthcare Providers Market Growth & Trends

The global data monetization solution for healthcare providers market size is expected to reach USD 293.1 million by 2030, registering a CAGR of 15.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is expected to witness significant growth owing to the increasing demand for real-world evidence (RWE). Furthermore, rising healthcare databases and increasing need to reduce healthcare expenses are contributing to market growth. Additionally, increasing adoption of strategic initiatives by key market players is fostering market growth. For instance, in November 2022, Wipro Limited introduced the Wipro Data Intelligence Suite, an all-in-one answer for expediting cloud modernization and the monetization of data. The suite concentrates on the modernization of data estates, encompassing data stores, pipelines, and visualizations, operating on Amazon Web Services (AWS). These increasing product launches will escalate market growth.

The increasing usage of healthcare wearables and other digital health devices is fostering market growth. For instance, according to the June 2023 NIH report, nearly one in three Americans utilize a wearable device, like a smartwatch or band, to monitor their health and fitness. These devices generate vast amounts of real-time health data, including metrics such as heart rate, physical activity, sleep patterns, and other vital signs.When effectively aggregated and analyzed, this data can provide valuable insights into an individual's health status and behavior patterns. Therefore, by integrating data monetization solutions into their operations, providers can improve patient care and outcomes, as well as create new revenue streams.

Similarly, rising adoption of electronic health records (EHRs) across the globe is expected to boost market growth. For instance, in 2024, an article in Market.us Media reported that about 80% of primary care physicians in Germany utilize EHR systems. EHR usage in German hospitals stands at approximately 70%. The proportion of healthcare providers electronically sharing patient data is 53%.The monetization of electronic health record (EHR) data has the potential to create income and enhance patient care, treatment results, and the efficiency of the healthcare system.

The major players operating in the market are adopting strategies such as collaborations, supply agreements, and partnerships with a major focus on enhancing product formation and reach. For instance, in June 2021, Snowflake, the company known for its Data Cloud, revealed enhancements to its data offerings and capabilities on the Snowflake Data Marketplace. Furthermore, they announced the general availability of the Data Marketplace, aiming to assist customers from various industries in accessing a greater amount of data within the Data Cloud, thereby enabling them to gain more comprehensive data insights.

The increasing focus on patient-centered care and the growing demand for remote monitoring and telehealth are driving the need for data-driven insights in the healthcare sector. This is contributing to the growth of data monetization solutions. As healthcare systems worldwide move towards patient-centered models, there is a growing recognition of the importance of personalized care tailored to individual patient needs and preferences. This shift requires the collection and analysis of extensive health data to better understand patient populations and deliver targeted interventions, thereby fostering market growth.

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Data Monetization Solution For Healthcare Providers Market Report Highlights

• Based on type, the software segment held the largest revenue share in the market in 2023 owing to the growing demand for software solutions with advanced analytics and AI capabilities
• North America dominated the market due to the presence of key market players coupled with the region's robust healthcare infrastructure and advanced technological capabilities.
• In July 2022, Mayo Clinic and Mercy entered into a 10-year collaboration agreement, marking the first-ever alliance between two major health care systems. This partnership leveraged the latest data science and extensive de-identified patient outcomes to detect diseases at an earlier stage and expedite patients' journey to improved health

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Data Monetization Solution For Healthcare Providers Market Segmentation

Grand View Research has segmented the data monetization solution for healthcare providers market based on type and region:

Data Monetization Solution For Healthcare Providers Type Outlook (Revenue, USD Million, 2018 - 2030)

• Software
• Services

Data Monetization Solution For Healthcare Providers 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
  • South Korea
  • Australia
  • Thailand
• Latin America
  • Brazil
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait

List of Key Players in the Data Monetization Solution For Healthcare Providers Market:

• Microsoft Corporation
• Oracle Corporation
• SAP SE
• SAS Institute Inc.
• Salesforce, Inc
• Snowflake Inc.
• Siemens
• TIBCO Software Inc.
• Virtusa Corp.
• H1

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.

Logistics Automation Market Is Expected To Accomplish A Valuation Of Around USD 90.0 Billion By 2030: Grand View Research Inc.

Logistics Automation Market Growth & Trends

The global logistics automation market size is anticipated to reach USD 90.0 billion by 2030, expanding at a CAGR of 15.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Logistics operations are critical factors in the smooth functioning of the supply chain of any business, especially low-margin, high-volume businesses. The logistics sector is witnessing a continuous increase in investments with a significant emphasis on the automation of several logistics functions. Automation enhances efficiency and aids in integrating supply chains; thus, automation is increasingly being adopted across sectors. The growing tendency of the logistics industry toward adopting automation solutions is one of the significant factors driving the growth of the logistics automation industry.

According to a DHL report published in 2018, 80% of warehouses do not have any automation support and are still operated manually, while 15% of the total warehouses are just mechanized, which means the warehouses use sorters, conveyors, picker solutions, and other machined equipment which are not necessarily automated. The report states that only 5% of total warehouses are automated. The trend displays a remarkable opportunity for the growth of the market in the coming years as companies are increasingly adopting automation in their warehouses, including autonomous robots, automated sorting systems, conveyor systems, etc. Technological developments such as communication technologies, sensors, tracking devices, computer vision, artificial intelligence, and machine learning are aiding the growth of the target market.

The e-commerce boom is resulting in increasing adoption of automation solutions owing to the enormous volumes of shipments. The e-commerce shipment volume is growing exponentially by the year, and hence the warehouses require automation solutions to meet the short delivery timelines. The e-commerce fulfillment centers are implementing automated sorting and conveyor systems and highly benefit from inventory management and order management software. Moreover, the major labor challenges faced by the logistics industry across the globe are driving the demand for logistics automation solutions.

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Logistics Automation Market Report Highlights

• Based on components, the hardware segment dominated the market in 2023 with a share of about 66%. Autonomous robots are the largest sub-segment of hardware components in terms of revenue owing to the increasing demand for automated warehouse logistics
• Based on function, the inventory & storage management function segment is anticipated to grow at a CAGR of 16.2% during the forecast period. The inventory & storage management ensures the stocks are maintained at optimum levels, and the demand for each product determines the stock levels
• Based on logistics type, the sales logistics segment dominated the market in 2023, accounting for a market share of about 35%. Sales logistics is a critical aspect of the supply chain as it involves moving or delivering goods to the end consumer
• Based on organization size, the small and medium enterprises segment is anticipated to grow at the fastest CAGR of 16.0% during the forecast period. The growth can be attributed to the automation that helps SMEs to optimize their labor costs
• Based on software application, the order management software segment held the largest market share in 2023. The dominance of the segment is owing to the need to fulfill the orders correctly and without any delivery delays. The order management process starts when an order is placed and ends when the customer receives the order
• Based on vertical, the retail and e-commerce segment is anticipated to grow at a CAGR of 15.6%. The growth can be attributed to the increasing preference for online shopping among consumers across the globe
• The Asia Pacific segment is anticipated to register significant growth with a CAGR of 15.5%. The growth can be attributed to the increasing investments in logistics infrastructure projects in countries such as India and China
• In March 2023, Jungheinrich AG announced the acquisition of Storage Solutions, a material handling solution provider based in the U.S. Storage Solutions provides warehouse and distribution centers with solutions and services, such as lifecycle services, workflow optimization, and safety inspections. Jungheinrich AG was looking forward to leveraging the acquisition to expand its presence in the U.S.

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Logistics Automation Market Segmentation

Grand View Research has segmented the global logistics automation market based on component, function, logistics type, organization size, software application, vertical, and region:

Logistics Automation Component Outlook (Revenue, USD Million, 2017 - 2030)

• Hardware
  • Autonomous Robots (AGV, AMR)
  • Automated Storage and Retrieval Systems (AS/RS)
  • Automated Sorting Systems
  • De-palletizing/Palletizing Systems
  • Conveyor Systems
  • Automatic Identification and Data Collection (AIDC)
• Software
  • Warehouse Management System
  • Transportation Management System
• Services
  • Consulting
  • Deployment & Integration
  • Support & Maintenance

Logistics Automation Function Outlook (Revenue, USD Million, 2017 - 2030)

• Inventory & Storage Management
• Transportation Management

Logistics Automation Logistics Type Outlook (Revenue, USD Million, 2017 - 2030)

• Sales Logistics
• Production Logistics
• Recovery Logistics
• Procurement Logistics

Logistics Automation Organization Size Outlook (Revenue, USD Million, 2017 - 2030)

• Large Enterprises
• Small & Medium Enterprises

Logistics Automation Software Application Outlook (Revenue, USD Million, 2017 - 2030)

• Inventory Management
• Order Management
• Yard Management
• Shipping Management
• Labor Management
• Vendor Management
• Customer Support
• Others

Logistics Automation Vertical Outlook (Revenue, USD Million, 2017 - 2030)

• Retail & E-commerce
• Healthcare
• Automotive
• Aerospace & Defense
• Electronics & Semiconductors
• Others

Logistics Automation Regional Outlook (Revenue, USD Million, 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
  • KSA
  • UAE
  • South Africa

List of Key Players in the Logistics Automation Market

• Dematic (Kion Group AG)
• Daifuku Co., Ltd.
• Swisslog Holding AG (KUKA AG)
• Honeywell International Inc.
• Murata Machinery, Ltd.
• Jungheinrich AG
• KNAPP AG
• TGW Logistics Group
• Kardex
• Mecalux, S.A.
• BEUMER GROUP
• SSI SCHÄFER AG
• Vanderlande Industries B.V.
• WITRON Logistik
• Oracle
• One Network Enterprises
• SAP

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.

Expansion of Intravenous Iron Drugs Market During 2024 – 2030 to Gain Robust Traction: Grand View Research Inc.

 Intravenous Iron Drugs Market Growth & Trends

The global intravenous iron drugs market size is expected to reach USD 5.62 billion by 2030, expanding at a CAGR of 9.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. Industry rivalry is expected to remain at a higher level over the forecast period. The market is dominated by global players accounting for most of the revenue share. Moreover, growing opportunities attract new players, which further augments the competitive rivalry. The market is fragmented and major players are involved in adopting extensive growth strategies such as entering strategic alliances, acquisitions, and new drug launches to capture a larger share.

The high disease burden of infectious diseases, coupled with poor nutrition, is one of the major causes of anemia among children in this region. The novel coronavirus pandemic has also increased anemia in severely affected patients, causing hypoxia in some cases. This has further increased the demand for intravenous iron drugs for the treatment of anemia across the globe.

The increase in the prevalence of anemia can also be attributed to various gynecological and gastrointestinal disorders, facilitating an increasing uptake of IV treatment globally. For instance, the overall prevalence of anemia is 29.6% in nonpregnant women and 36.5% in pregnant women of the same age group. With growing healthcare budgets and increasing investment, the market is anticipated to grow significantly during the forecast period.

Drawbacks of oral iron drugs such as digestive problems such as stomach aches, constipation, loss of appetite, nausea, and vomiting are reasons for patients to prefer intravenous drugs. The use of intravenous iron drugs has been shown to bring about increased iron adoption by the body, facilitating Erythropoiesis-stimulating Agents (ESAs) to function in an enhanced manner to improve the anemic condition. Other advantages are the preservation of heart health and the ability to be used by dialysis patients, especially those undergoing hemodialysis.

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Intravenous Iron Drugs Market Report Highlights

• Ferric carboxymaltose dominated the intravenous iron drugs industry in 2023 due to its increasing application, superior performance coupled with fewer adverse effects, and reduced cost
• Iron sucrose held a significant share of the market in 2023. A low rate of severe allergic reactions has increased the adoption rate of these drugs
• The chronic kidney disease segment held the largest share in 2023, due to the increasing prevalence of CKD and CKD-associated iron deficiency anemia cases
• North America held the largest regional share in 2023 due to the high demand for intravenous drugs and the increasing prevalence of GI disorders, cancer, and CKD
• Asia Pacific is estimated to exhibit the fastest growth over the forecast period attributed to growing unmet patient needs, increasing healthcare expenditure, and the local presence of established global players
• Key players include AbbVie Inc.; AMAG Pharmaceuticals (Covis Pharma); Daiichi Sankyo Company, Ltd.; Sanofi; Vifor Pharma Management Ltd. (CSL); PHARMACOSMOS A/S; Zydus Group

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Intravenous Iron Drugs Market Segmentation

Grand View Research has segmented the global intravenous iron drugs market based on product, application,and region:

Intravenous Iron Drugs Product Outlook (Revenue, USD Million, 2018 - 2030)

• Iron Dextran
• Iron Sucrose
• Ferric Carboxymaltose
• Others

Intravenous Iron Drugs Application Outlook (Revenue, USD Million, 2018 - 2030)

• Chronic Kidney Disease
• Inflammatory Bowel Disease
• Cancer
• Other Diseases

Intravenous Iron Drugs Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Intravenous Iron Drugs Market

• AbbVie Inc.
• AMAG Pharmaceuticals (Covis Pharma)
• Daiichi Sankyo Company, Ltd.
• Sanofi
• Vifor Pharma Management Ltd. (CSL)
• PHARMACOSMOS A/S
• Zydus Group
• Rockwell Medical, 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.

Migraine Drugs Market Estimated to Experience a Hike in Growth by 2030|Top Industry Players Pfizer, GlaxoSmithKline

 

Migraine Drugs Market Growth & Trends

The global migraine drugs market size is expected to be valued at USD 13.34 billion by 2030, as per a new report by Grand View Research, Inc., exhibiting an 11.9% CAGR during the forecast period. The market is largely driven by factors such as a rise in disease prevalence, development of novel therapies, lifestyle changes, and hormonal medications.

Migraine is a debilitating neurological disease characterized by recurrent attacks of severe throbbing head pain that can last for more than three days. Migraine pain may get worse on movement, preventing the patient from carrying out normal, day-to-day activities. In about one-third of attacks, both sides of the head, face, or neck are affected.

Over the past five years, the global migraine drugs market has been relatively stagnant, with the market mainly dominated by usage of generic triptans and other off-label drugs. Majority of the currently prescribed drugs for both acute and preventative treatment are associated with poor efficacy and an unfavorable side-effect profile.

Launch of Amgen/ Novartis’ CGRP mAb Aimovig and Teva Pharma’s Ajovy is the first step toward revolutionizing the treatment paradigm of migraine prevention. For drug manufacturers likely to enter the market by 2019, such as Eli Lilly, Alder BioPharma, and Biohaven Pharma, pricing will be a key differentiating factor as all CGRP-based therapies have a similar efficacy and safety profile.

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Migraine Drugs Market Report Highlights

• Germany leads the European market, driven by rising disease prevalence, novel drug launches, and an increase in R&D activities
• The acute migraine treatment market will be supported by the rapid uptake of novel drug classes such as CGRP receptor antagonists and ditans currently under active investigation in multiple Phase II/III trials
• Biohaven’s rimegepant is expected to face competition from Allergan's ubrogepant, which has shown superior efficacy in Phase III trials compared to rimegepant
• Eli Lilly’s Phase III 5-HT1F receptor agonist Lasmiditan is expected to be a novel first-line non triptan acute treatment option for patients in whom triptans are contradicted
• Approximately 20% of patients seeking preventive treatment for migraine do not respond to available generic medications. Several biologics and small molecules drugs are undergoing active development to target high unmet needs in the preventive treatment segment
• Drugs with novel targets in early-phase development include AOBiome Therapeutics’ AOB-203 (antibacterial), Winston Pharma’s Dolorac (histamine H1 receptor antagonists), NeuroAxons’ NXN-188 (a combination of NOS inhibitor and a triptan), and Biohaven’s BHV-3500 (gepant). These novel agents are under evaluation for both episodic and chronic migraine in multiple Phase I/II trials.

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Migraine Drugs Market Segmentation

Grand View Research has segmented the global migraine drugs market based on treatment, therapeutic class, route of administration, age group, availability, and region:

Migraine Drugs Treatment Outlook (Revenue, USD Million, 2018 - 2030)

• Acute
• Preventive

Migraine Drugs Therapeutic Class Outlook (Revenue, USD Million, 2018 - 2030)

• CGRP monoclonal antibodies
• CGRP small molecule antagonists
• Acetylcholine inhibitors/ neurotoxins
• Triptans
• Ditans
• Ergot alkaloids
• NSAIDs
• Others

Migraine Drugs Route of Administration Outlook (Revenue, USD Million, 2018 - 2030)

• Oral
• Injectable
• Others

Migraine Drugs Age Group Outlook (Revenue, USD Million, 2018 - 2030)

• Pediatric
• Adult
• Geriatric

Migraine Drugs Availability Outlook (Revenue, USD Million, 2018 - 2030)

• Prescription Drugs
• Over-the-Counter (OTC) Drugs

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

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Denmark
  • Sweden
  • Norway
• Asia Pacific
  • Japan
  • 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 in the Migraine Drugs Market

• AbbVie Inc.
• Amgen Inc.
• Teva Pharmaceutical Industries Ltd.
• GSK plc
• Eli Lilly and Company
• Pfizer Inc.
• Bausch Health Companies Inc.
• Gensco Pharma
• Impel Pharmaceuticals Inc.
• Tonix Medicines, Inc.
• Currax Pharmaceuticals LLC.
• Lundbeck

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.

Load Balancer Market to Witness Exponential Growth by 2030: Grand View Research Inc.

 Load Balancer Market Growth & Trends

The global load balancer market size is expected to reach USD 16.14 billion by 2030, growing at a CAGR of 15.9% from 2024 to 2030, according to a new study by Grand View Research, Inc., The growing demand for data centers, cloud-based load-balancing services, and server virtualization are major drivers likely to create significant opportunities in the market. Additionally, favourable government initiatives and increased investments in digitization are further propelling market growth. For instance, the Indian Railway Catering and Tourism Corporation (IRCTC) has experienced a notable rise in online transactions due to increased web traffic, highlighting the need for robust load balancing solutions. Key industry players are investing in network infrastructure development, which is driving the demand for efficient load balancers. Consequently, the market is expected to see substantial growth during the forecast period.

The rising usage of connected devices has driven up the demand for load balancers, significantly contributing to market growth. Increased traffic in retail spaces, fuelled by the rapid expansion of e-commerce giants like Amazon and Flipkart (Walmart), is a key factor in this trend. High-profile sales events, such as Flipkart's Big Billion Day sale, attract substantial end-user traffic, necessitating load-balancing technologies to prevent server overloads. E-commerce platforms utilize these technologies to monitor and manage network traffic effectively. Furthermore, the development of platform-based applications and the emergence of software network technologies have bolstered the market growth. For instance, Cloud Load Balancing (CLB) distributes the load among all nodes in a data center to optimize resource utilization. The adoption of these solutions presents lucrative opportunities for market growth.

The adoption of load balancing has surged due to its ability to optimize resource consumption, data delivery, and response times for organizations managing high-traffic websites, applications, or databases. Load balancing ensures that user requests are processed swiftly and accurately in high-traffic scenarios, preventing users from experiencing slow applications and resources. Beyond managing traffic and enhancing efficiency, load balancing provides the flexibility to add or remove servers as needed. This ensures high accessibility and reliability by directing requests solely to active servers. This capability is expected to significantly drive the growth of the market during the forecast period.

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Load Balancer Market Report Highlights

• The software segment is expected to witness a CAGR of 16.8% during the forecast period. The increasing adoption of cloud computingand virtualization technologies is driving the demand for flexible and scalable load-balancing solutions. As businesses migrate their applications to the cloud and embrace hybrid cloud environments, the need for software-based load balancers that can dynamically adjust to changing workloads becomes paramount.
• The support and maintenance segment is expected to garner a CAGR of 19.3% during the forecast period. Outsourcing support and maintenance to third-party providers presents an external alternative for managing IT systems and hardware comprehensively, thereby alleviating concerns about maintaining the entire IT infrastructure amidst market disruptions. These external providers often offer tailored maintenance packages that are more comprehensive and personalized, thereby stimulating growth within the segment.
• The global load balancer segment is expected to register a CAGR of 16.4% during the forecast period. The growth of the segment is driven by the growing demand from businesses seeking to distribute server resources across multiple sites, highlighting the need for efficient traffic distribution to enhance the customer experience.
• The cloud segment is expected to register a CAGR of 18.0% during the forecast period, due to the advantages offered by cloud-based deployment, such as cost efficiency, flexibility, and ease of data access, coupled with the ongoing adoption of Work from Home (WFH) policies by companies, the trend towards cloud adoption continues to gain momentum.
• The small & medium enterprise segment is anticipated to grow at a CAGR of 16.2% during the forecast period, due to the proactive embrace of digital technologies like artificial intelligence and machine learningby SMEs, there's an acceleration in the enhancement of their products and services.
• The BFSI segment is presumed to grow at a CAGR of 15.3% over the forecast period. Technological advancements in the BFSI industry, including enhancements in net banking, security, and monitoring systems, have prompted banks and other financial institutions to adopt load-balancing technology.
• The Asia Pacific regional market is expected to grow at a CAGR of 17.9% over the forecast period. The market growth can be attributed to the increasing use of network traffic monitoring by business clients in rapidly developing countries like Singapore, China, and India. These nations are experiencing significant digital transformation, leading to higher demand for efficient network management solutions.

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Load Balancer Market Segmentation

Grand View Research has segmented the global load balancer market based on component, service, type, deployment, enterprise size, end-use, and region:

Load Balancer Component Outlook (Revenue, USD Billion, 2018 - 2030)

• Hardware
• Software
• Service

Load Balancer Service Outlook (Revenue, USD Billion, 2018 - 2030)

• Training and Consulting
• Integration and Deployment
• Support and Maintenance

Load Balancer Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Local Load Balancer
• Global Load Balancer

Load Balancer Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

• Cloud
• On-premise

Load Balancer Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)

• Large Enterprises
• Small & Medium Enterprises (SMEs)

Load Balancer End Use Outlook (Revenue, USD Billion, 2018 - 2030)

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

Load Balancer Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Load Balancer Market

• A10Networkss, Inc.
• Amazon web services, Inc.
• ARRAY NETWORKS, INC
• Cloudflare, Inc.
• Cisco Systems, Inc.
• Citrix Systems, Inc.
• F5, Inc.
• Avi Networks
• Google LLC
• Hewlett Packard Enterprise Development LP
• Kemp Technologies
• IBM Corporation
• Microsoft Corporation
• Palo Alto Networks Inc.
• Radware

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 Dishwasher Market Revenue is Expected to Reach $8.72 Billion by 2030: Grand View Research Inc.

 North America Dishwasher Market Growth & Trends

The North America dishwasher market size is estimated to reach USD 8.72 billion in 2030, growing at a CAGR of 5.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing launches of smart dishwashers are contributing to the rise in acceptance and adoption of dishwashers in the region. These appliances offer remote monitoring and control via smartphone apps, adding convenience. Their integration with other smart home systems, such as voice assistants and home automation platforms, allows seamless operation and coordination with other devices. This appeals to tech-savvy consumers, contributing to the growth of and demand for dishwashers in the region during the forecast period.

Moreover, with the rise of the open concept living and a focus on home design, consumers are looking for dishwashers that not only perform well but also look aesthetically pleasing. This has led to an increase in demand for built-in and integrated dishwashers that blend seamlessly with the rest of the kitchen. Manufacturers are offering a variety of colors and finish options to match the overall design of the kitchen, contributing to the growing demand for dishwashers in the region during the forecast period.

The built-in dishwashers held the higher share of the North America market in 2023 and is expected to register a considerable CAGR over the forecast period. One of the primary drivers for the built-in dishwashers is the increasing emphasis on time-saving solutions in households. In today's fast-paced world, where individuals often juggle multiple responsibilities, the convenience of having a built-in dishwasher that can efficiently handle dishwashing tasks is highly valued. Unlike portable dishwashers, built-in models are permanently installed beneath kitchen countertops, offering a streamlined and hassle-free solution for cleaning dishes without occupying valuable floor space.

Major players in the market include Whirlpool Corporation, General Electrical Company (Haier Company), Samsung Electronics Co., Ltd., LG Electronics, Miele, Frigidaire (Electrolux AB), and Robert Bosch GmbH. Manufacturers in the market are continuously investing in Research and Development (R&D) to enhance the cleaning performance of their dishwashers by incorporating innovative wash systems, advanced filtration, and targeted spray jets. Moreover, manufacturers are diversifying their product offerings to cater to different market segments and consumer needs. This includes a range of dishwasher sizes, tub types, styles (built-in and freestanding), price points, and the offering of smart dishwashers along with conventional ones to accommodate various kitchen layouts, budgets, and lifestyle preferences.

For instance, in July 2023, Bosch Home Appliances launched a major update to its dishwasher portfolio, introducing the innovative PowerControl spray arm technology in the 800 and Benchmark Series models. This new feature allows for more powerful cleaning and flexible loading options in the lower rack. The new dishwashers also come with CrystalDry for improved drying results, Home Connect for smart monitoring and control, and modern design elements. The new line is available starting at USD 549, offering consumers advanced features to simplify their kitchen experience.

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North America Dishwasher Market Report Highlights

• The Canada market is expected to grow at the fastest CAGR over the forecast period. This growth is driven by demographic and lifestyle changes, particularly. As the population ages, there is an increasing need for convenient, time-saving appliances. Older adults often prefer appliances that make daily chores easier, and dishwashers meet this demand by simplifying kitchen cleanup, driving its demand in the country during the forecast period.
• The standard size (18 inches) dishwashers held the largest share in 2023. These size dishwashers generally have a greater capacity, allowing them to handle more dishes, cookware, and utensils per load. They also tend to offer more features than compact models.
• The sales of dishwashers through the online channel are expected to grow at the fastest CAGR over the forecast period. Online channels offer unparalleled convenience, allowing consumers to browse and purchase dishwashers from the comfort of their own homes. Moreover, online channels provide access to a broader geographic reach compared to physical stores, driving the growth of dishwasher sales through this channel in the region.

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

North America Dishwasher Market Segmentation

Grand View Research has segmented the North America dishwasher market based on product, size (width), tub type, price range, distribution channel, and country:

North America Dishwasher Product Outlook (Revenue, USD Million, 2018 - 2030)

• Freestanding
• Built-In

North America Dishwasher Size (Width) Outlook (Revenue, USD Million, 2018 - 2030)

• Compact (18 inches)
• Standard (24 inches)

North America Dishwasher Tub Type Outlook (Revenue, USD Million, 2018 - 2030)

• Standard Tub
• Tall Tub
• Tall & Deep Tub

North America Dishwasher Price Range Outlook (Revenue, USD Million; Volume, Thousand Units; 2018 - 2030)

• Up to USD 500
• USD 501 to USD 1,500
• USD 1,501 to USD 3,000
• Above USD 3,000

North America Dishwasher Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Online
• Offline

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

• US.
• Canada

List of Key Players in the North America Dishwasher Market

• Whirlpool Corporation
• Samsung Electronics Co. Ltd.
• Robert Bosch GmbH
• LG Electronics Inc.
• Frigidaire (Electrolux Inc.)
• Kenmore (Transform Holdco LLC)
• General Electric Company (Haier Company)
• AGA Rangemaster Limited
• Miele
• ASKO

About Grand View Research

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

Global Demand for Passive & Interconnecting Electronic Components Market to Incur Considerable Upsurge During 2024– 2030: Grand View Research Inc.

 Passive And Interconnecting Electronic Components Market Growth & Trends

The global passive and interconnecting electronic components market size is projected to reach USD 258.01 billion by 2030, growing at a CAGR of 5.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Electronic components play an essential role in several verticals, including IT and telecommunication, consumer electronics, automotive, aerospace and defense, and healthcare. They form an indispensable part of an electronic system and help it function automatically. Moreover, the rapidly surging demand for consumer electronic goods and household appliances such as smartphones, laptops, digital cameras, and air conditioners is expected to fuel market growth over the forthcoming years.

The rising need for enhanced data speed among consumers, businesses, and industries has enabled key telecom operators such as AT&T, Verizon, China Mobile Limited, and KT Corp. to install 5G network infrastructure in order to deliver seamless connectivity to their customers. With a significant surge in demand for telecom equipment and network devices to build 5G network infrastructure, it is anticipated to augment the adoption of passive and interconnecting electronic components during the forecast period.

The rapidly evolving technologies such as robotics and sensors-based systems for industrial applications to improve overall productivity and operational efficiencies are further estimated to augment the demand for passive and interconnecting components. Furthermore, wearables such as smartwatches, virtual reality (VR) headsets, and fitness bands are gaining popularity among consumers. Also, consumers are spending a massive amount on their health and entertainment. As a result, it has accelerated the demand for the aforementioned wearable devices among consumers.

Companies manufacturing passive and interconnecting electronic components are investing in Research and Development (R&D) to provide innovative products to their customers. For instance, in March 2023, Linx Technologies, now part of TE Connectivity, announced the launch of new surface-mount Radio Frequency (RF) switch connectors that offer high isolation between ports to enhance data accuracy. These connectors, available in SWD and SWF versions, are designed for diagnostic measurement on printed circuit boards and meet stringent industry standards, making them suitable for high-volume applications.

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Passive And Interconnecting Electronic Components Market Report Highlights

• The passive segment is expected to register the fastest CAGR. This growth is attributed to the growing number of passive components required in new devices and vehicles owing to technological advancements. According to America II Group, LLC, a U.S.-based company, the number of inductors in a 5G smartphone is expected to grow to 50-70 from around 10 in a 4G smartphone. Similarly, the average number of Multilayer Ceramic Capacitors (MLCCs) in a 5G smartphone is expected to be over 5,000, from about 550 to 900 in a 4G smartphone.
• The consumer electronics segment dominated the market in 2023; the segment’s growth is driven by the growth in the demand for consumer electronics, such as smartphones and laptops, led by rising disposable income.
• In 2023, Asia Pacific led the market, driven by the presence of major manufacturers like Murata Manufacturing Co., Ltd., TDK Corporation, and YAGEO Group.
• In April 2024, KYOCERA AVX Components Corporation announced the launch of two new series of snap-in aluminum electrolytic capacitors, the SNL and SNA Series, designed for high reliability, high voltage, and long lifetime performance. These capacitors, which are lead-free, Restriction of Hazardous Substances (RoHS) compliant, and suitable for industrial and commercial applications, offer a range of rated voltages, case sizes, and capacitance values.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-passive-interconnecting-electronic-components-market

Passive And Interconnecting Electronic Components Market Segmentation

Grand View Research has segmented the global passive and interconnecting electronic components market based on component, application, and region:

Passive & Interconnecting Electronic Component Outlook (Revenue, USD Million; 2017 - 2030)

• Passive
  • Resistors
  • Capacitors
  • Inductors
  • Transformers
  • Others
• Interconnecting
  • PCB
  • Connectors/Sockets
  • Switches
  • Relays
  • Others

Passive & Interconnecting Electronic Components Application Outlook (Revenue, USD Million; 2017 - 2030)

• Consumer Electronics
  • Mobile Phones
  • Personal Computers
  • Home Appliances
  • Audio and Video Systems
  • Storage Devices
  • Others
• IT & Telecommunication
  • Telecom Equipment
  • Networking Devices
• Automotive
  • Driver Assistance Systems
  • Engine Control Systems
  • Safety Systems
  • Infotainment Systems
  • Others
• Industrial
  • Industrial Automation and Motion Control
  • Industrial Power Electronics
  • Others
• Healthcare
  • Diagnostic Imaging Systems
  • Patient Monitoring Systems
  • Surgical Instruments and Robots
  • Consumer Medical Devices
  • Others
• Others

Passive & Interconnecting Electronic Components Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Passive And Interconnecting Electronic Components Market

• KYOCERA AVX Components Corporation
• Vishay Intertechnology, Inc.
• Murata Manufacturing Co., Ltd.
• TDK Corporation
• TAIYO YUDEN CO., LTD.
• TE Connectivity
• SAMSUNG ELECTRO-MECHANICS
• Hosiden Corporation
• YAGEO Group
• NICHICON CORPORATION
• Fenghua (HK) Electronics Ltd.
• ROHM CO., LTD.
• Amphenol Corporation
• Molex
• Samtec

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.

Live Streaming Market Latest Innovations, Drivers and Industry Key Events 2024 – 2030: Grand View Research Inc.

 Live Streaming Market Growth & Trends

The global live streaming market size is anticipated to reach USD 345.13 million by 2030, growing at a CAGR of 23.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rising popularity of Esports and video games has fueled a significant surge in live game streaming. Esports and competitive video gaming events have gained mainstream recognition and are attracting large audiences globally. Major tournaments draw millions of viewers, creating a demand for live coverage of these events. The gaming community continues to expand, including a diverse range of players across different demographics. This broad appeal has contributed to the popularity of live streaming platforms where gamers can connect, share gameplay experiences, and interact with fellow enthusiasts. Live streaming offers a highly interactive experience where viewers can engage with streamers in real-time through chat, donations, and subscriptions. This level of interaction fosters a sense of community and camaraderie among gamers, enhancing the overall viewing experience.

The growing adoption of live streaming across diverse verticals, including media, education, sports, gaming, fitness, and government sectors, is propelling the market forward with remarkable momentum. Brands are harnessing live streaming's power to forge deeper connections with consumers through real-time engagement, offering a wide array of captivating content and experiences. This trend amplifies brand visibility, fosters genuine customer interactions, and unlocks new monetization avenues. Moreover, the educational and informational potential of live streaming is being harnessed by institutions and government entities, facilitating remote learning, disseminating crucial information, and fostering civic engagement. Many live-streaming platforms integrate seamlessly with social media networks, enabling brands to extend their reach and engagement by simultaneously broadcasting live streams across multiple platforms.

Live streaming empowers brands and content creators to engage with their audiences in real time, promoting a vibrant sense of community and interactivity. Through features such as live chat and interactive polls, viewers actively participate, enhancing the overall experience. This direct engagement strengthens relationships between creators and their audience, driving greater loyalty and affinity. By embracing this interactive platform, brands can showcase authenticity and transparency, resonating more deeply with their audience. Furthermore, live streaming enables immediate feedback and adaptation, allowing creators to respond to viewer preferences and interests in real-time. Ultimately, this dynamic interaction cultivates a more immersive and personalized viewing experience, enriching the connection between creators and their audience.

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Live Streaming Market Report Highlights

• The platform segment is experiencing significant growth in 2023. Live streaming platforms are growing due to increasing demand for real-time content, advancements in technology, diverse content offerings, monetization opportunities, social interaction, influencer culture, global reach, and extensive event coverage.
• The video streaming segment is experiencing significant growth in 2023. Video streaming is experiencing growth in the live streaming industry due to escalating demand for real-time interaction, technological advancements, diverse content offerings, and the ability to monetize content for creators and viewers alike.
• The ad-supported segment has gained dominance in the market, with a significant market share in 2023. Ad-supported live streaming is growing due to its ability to offer free content to viewers while generating revenue through advertisements. It leverages the large and engaged audience base on live streaming platforms to attract advertisers seeking to reach targeted demographics in a dynamic and interactive environment.
• The gaming segment secured dominance in the market, capturing a substantial market share by 2023. Gaming is growing in the market due to the increasing popularity of esports, the rise of gaming influencers, advancements in gaming technology, and the interactive nature of live streaming platform.
• In an era where immediacy and interactivity are highly valued, live streaming satisfies the desire for real-time engagement, enabling viewers to interact with content creators at the moment through live chat, comments, and reactions.
• Live streaming offers multiple avenues for monetization, including advertising, sponsorships, subscriptions, virtual gifts, and donations, providing content creators with incentives to produce high-quality content while enabling platforms to generate revenue from their growing user base.

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

Live Streaming Market Segmentation

Grand View Research has segmented the global live streaming market based on component, streaming type, revenue model, end-use, and region:

Live Streaming Component Outlook (Revenue, USD Million, 2017 - 2030)

• Platforms
• Services

Live Streaming Type Outlook (Revenue, USD Million, 2017 - 2030)

• Audio Streaming
• Video Streaming

Live Streaming Revenue Model Outlook (Revenue, USD Million, 2017 - 2030)

• Ad-Supported
• Subscription-Based
• Pay-Per-View

Live Streaming End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Gaming
• Media & Entertainment
• Education & Professional
• Sports
• News & Events
• Others

Live Streaming Regional Outlook (Revenue, USD Million; 2017 - 2030)

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

List of Key Companies in the Live Streaming Market

• Dacast, Inc.
• Empire Video Productions LLC
• Flux Broadcast Ltd.
• Huya Inc.
• International Business Machines Corporation
• Meta
• Pluto Inc.
• TikTok Inc.
• Twitch Interactive, Inc.
• Vimeo, 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.