Global Vibration Sensor Market is Estimated To Reach A Valuation of USD 9.78 Billion by 2030: Grand View Research Inc.

 Vibration Sensor Market Growth & Trends

The global vibration sensor market size is expected to reach USD 9.78 billion by 2030, registering a CAGR of 7.1% from 2022 to 2030, according to a new study conducted by Grand View Research, Inc. The growing adoption of vibration sensors for predictive maintenance is expected to drive market growth. Accelerometers are the most common vibration sensors used for predictive maintenance for large rotating machines, such as pumps, motors, gearboxes, and turbines. Several companies in the market are entering into partnerships with other market players to develop smart vibration sensors. For instance, in April 2021, Advantech and RAD, IoT technology providers, partnered with Actility, a LoRaWAN Network Server provider.

Through this initiative, the companies announced the launch of Advantech’s WISE-2410 LoRaWAN smart vibration sensor with integration into the ThingPark Enterprise IoT platform of Actility. The growing demand for wireless vibration sensors among businesses due to benefits, such as long-distance communication, and use in hazardous locations is expected to drive market growth. Several market vendors are making efforts to cater to the growing demand for wireless vibration sensors. For instance, in October 2021, Fluke Reliability, a machine conditioning devices provider, partnered with Everactive, a technology company, to develop wireless vibration sensors.

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Vibration Sensor Market Report Highlights

• The accelerometers type segment led the market in 2021. A rise in the adoption of accelerometers in portable devices due to their enhanced capabilities in small unit size propelled the segment growth
• The piezoresistive technology segment led the market growth in 2021. A rise in the use of piezoresistive sensors in a variety of applications involving mechanical stress measurement favored the segment growth
• Various regulations, such as American Petroleum Institute (API) Standard 670: Machinery Protection Systems, mandate the usage of machinery monitoring systems, such as vibration sensors, in refineries. These regulations are expected to drive the market growth in the oil & gas end-use segment
• Asia Pacific is estimated to record the fastest CAGR from 2022 to 2030 due to the increasing adoption of earthquakes & tsunamis detection & prediction system in countries, such as the Philippines, South Korea, and Japan
• The vast supply chain disruptions caused by the COVID-19 pandemic hampered the market in 2020. However, the focus of several industries on automation amid the pandemic created the demand for accelerometers in 2021 as accelerometers enable users to remotely monitor their machine operations

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Vibration Sensor Market Segmentation

Grand View Research has segmented the global vibration sensor market based on type, technology, material, end-use, and region:

Vibration Sensor Type Outlook (Volume, Thousand Units; Revenue, USD Million, 2017 - 2030)

• Accelerometers
• Velocity Sensor
• Displacement Sensor

Vibration Sensor Technology Outlook (Volume, Thousand Units; Revenue, USD Million, 2017 - 2030)

• Piezoresistive
• Strain Gauge
• Variable Capacitance
• Hand Probe
• Optical
• Tri-Axial
• Others

Vibration Sensor Material Outlook (Volume, Thousand Units; Revenue, USD Million, 2017 - 2030)

• Doped Silicon
• Piezoelectric Ceramics
• Quartz

Vibration Sensor End-use Outlook (Volume, Thousand Units; Revenue, USD Million, 2017 - 2030)

• Automobile
• Consumer Electronics
• Healthcare
• Aerospace & Defense
• Oil & Gas
• Others

Vibration Sensor Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Vibration Sensor Market

• ASC GmbH
• Analog Devices, Inc.
• Dytran Instruments Inc.
• Honeywell International Inc.
• Hansford Sensors
• Safran Colibrys SA
• National Instruments Corp.
• TE Connectivity
• Bosch Sensortec GmbH
• Baumer

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 Market for LPG Tanker to Reflect Steadfast Expansion During 2022-2030: Grand View Research Inc.

 LPG Tanker Market Growth & Trends

The global LPG tanker market size is expected to reach USD 286.48 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.3% from 2022 to 2030. Strong growth in shale gas production is likely to propel the market growth over the coming years. The volatility of crude oil prices coupled with developments in hydraulic fracturing and horizontal drilling methods resulted in major companies shifting their attention towards the production of oil and gas from shale rock. Change in focus towards the production of shale gas is further projected to enhance market growth over the estimated period. The Very Large Gas Carriers (VLGC) segment led the market in 2021.

However, the Large Gas Carrier (LGC) is anticipated to take over the forecast period by a small margin. Very large gas carriers are widely used for the transportation of liquified petroleum gas (LPG) for longer distances across various countries. Growing liquefied petroleum gas trade relationships between various regions, such as the Middle East and Asian countries, Western Africa and Europe, and the United States, is the major factor projected to boost the VLGC segment growth. The full-pressurized segment led the market in 2021 and will maintain its lead throughout the forecast period. The market is anticipated to have a steady growth in all segments as the amount of LPG transported increases.

The supply chain of the LPG and ancillary industries was affected due to the shutdown of production facilities, especially in Asia Pacific, as it was the epicenter of the COVID-19. The manufacturing and energy & power sectors globally experienced a considerable slowdown due to the COVID-19. In addition, local and international travel restrictions, quarantine requirements, and lockdowns further delayed shipments of LPG that were in process of being delivered. The market growth is determined by improved LPG trading around the globe. Shale gas extraction is likely to rise at a rapid pace, which will drive growth over the forecast years. Factors including capacity expansion of shale gas from untapped stocks enhanced global gas trade, and ongoing usage of liquefied petroleum gas as a cooking fuel is contributing to the development of the market for liquefied petroleum gas tankers.

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LPG Tanker Market Report Highlights

• In terms of revenue, the VLGC segment accounted for the maximum revenue share in 2021 and is projected to expand further at a steady growth rate over the forecast period
• The full-pressurized segment dominated the market and accounted for more than 32.5% of the global revenue share in 2021
• In 2021, Europe was the dominant regional market on account of the increasing demand for LPG
• Various strategic initiatives were recorded over the past few years to boost the growth of the market
• For instance, In August 2021 Ultragas ApS merged with Navigator gas and has created a combined fleet of 56 ships. This merger was done to stay competitive in the market and reduce the current competition
• The liquified petroleum gas market is becoming increasingly centralized with a lot of mergers and acquisitions taking place between the players

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LPG Tanker Market Segmentation

Grand View Research has segmented the global LPG tanker market based on vessel size, refrigeration & pressurization, and region:

LPG Tanker Vessel Size Outlook (Revenue, USD Million, 2019 - 2030)

• Very Large Gas Carriers (VLGC)
• Large Gas Carriers (LGC)
• Medium Gas Carriers (MGC)
• Small Gas Carriers (SGC)

LPG Tanker Refrigeration & Pressurization Outlook (Revenue, USD Million, 2019 - 2030)

• Ethylene
• Full Refrigeration
• Semi Refrigeration
• Full Pressurized

LPG Tanker Regional Outlook (Revenue, USD Million, 2019 - 2030)

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

List of Key Players of the Liquefied Petroleum Gas (LPG) Tanker Market

• BW Group
• Dorian LPG Ltd.
• EXMAR
• Hyundai Heavy Industries Co., Ltd.
• Kawasaki Heavy Industries, Ltd.
• Mitsubishi Heavy Industries, Ltd.
• Namura Shipbuilding Co., Ltd.
• PT Pertamina (Persero)
• StealthGas Inc.
• The Great Eastern Shipping 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.

Dietary Supplements Market Latest Innovations, Drivers and Industry Key Events 2022– 2030: Grand View Research Inc.

 Dietary Supplements Market Growth & Trends

The global dietary supplements market size is expected to reach USD 327.4 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.9% over the forecast period. Growing awareness regarding personal health and wellness owing to changing eating habits and hectic lifestyles is expected to drive the demand for dietary supplements over the forecast period. Increasing urbanization and growing disposable income around the world is driving the demand for products that can cover the nutritional deficit at higher convenience is the key factor driving the demand for vitamins, minerals, proteins and amino acids, and other supplement products around the world.

The increasing interest of millennials in building health through a healthy diet is expected to positively impact market growth. The obesity rate in adults in the U.S stood at 42.4% in the year 2020 which has increased from 26.0% in 2008. The Obesity rate in the European region was above 51.6% in 2014 and is continuously rising. The increasing prevalence of diseases like cardiovascular diseases, diabetes, high blood pressure is expected to bolster the demand for dietary supplements, especially in energy and weight management, gastrointestinal health, and cardiac health applications.

The rising trend of veganism around the globe is expected to benefit the plant-based nutritional products around the globe which is expected to drive the demand for botanical ingredient-based dietary supplements over the forecast period. For instance, In Jan 2021, Flume Formulas Ltd. introduced a product line of botanical supplements which included products FLOW, DRIFT, and BASK for athletes which can be used as pre-workout and post-workout energy and recovery application. Similarly, in July 2019, Amway Corp. introduced an improved version of calcium supplement Nutrilite Cal Mag D Plus in India. The company aimed to acquire an 11% market share in calcium supplements with the product launch.

The global outbreak of the COVID-19 pandemic has largely impacted the industrial output in the majority of the countries. However, the demand for food and beverage and pharmaceutical products remained unaffected. Though the companies faced challenges in terms of logistics due to imposed lockdown. The increasing demand for immunity-boosting supplements including vitamins, minerals, and several herbs benefitted the market in the year 2020.

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Dietary Supplements Market Report Highlights

• The proteins and amino acids segment is expected to register the fastest revenue CAGR of 13.4% over the forecast period. The increasing number of sports enthusiasts, bodybuilders coupled with increasing awareness among the consumers regarding the importance of protein supplements are the key driving factors of the segment
• The tablets segment accounted for the largest revenue share valued at USD 51,141.5 million in 2021. The major reason behind the high market share is their cost-effectiveness and ability to deliver a precise dosage
• The energy and weight management segment accounted for 30.6% of revenue share in 2021. The increasing prevalence of obesity among adults and children around the globe owing to changing food habits is expected to drive the demand for weight management products over the forecast period.
• The infant end-user segment is expected to witness a CAGR of 13.4% over the forecast period. Higher prevalence of malnutrition among infants in developing countries coupled with the growing acceptance of infant food products by the parents' concern with the health of their children are the key reasons for segment growth
• North America accounted for the largest revenue share valued at USD 52,874.7 million in 2021. Higher per capita income, high urbanization rate, and higher consumer awareness regarding health and wellness are responsible for the higher consumption of the dietary supplements

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Dietary Supplements Market Segmentation

Grand View Research has segmented the global dietary supplements market on the basis of ingredient, form, application, end-user, type, distribution channel, and region:

Dietary Supplements Ingredient Outlook (Revenue, USD Million, 2017 - 2030)

• Vitamins
• Botanicals
• Minerals
• Proteins & Amino Acids
• Fibers & Specialty Carbohydrates
• Omega Fatty Acids
• Others

Dietary Supplements Form Outlook (Revenue, USD Million, 2017 - 2030)

• Tablets
• Capsules
• Soft gels
• Powders
• Gummies
• Liquids
• Others

Dietary Supplements Application Outlook (Revenue, USD Million, 2017 - 2030)

• Energy & Weight Management
• General Health
• Bone & Joint Health
• Gastrointestinal Health
• Immunity
• Cardiac Health
• Diabetes
• Anti-cancer
• Lungs Detox/Cleanse
• Skin/Hair/Nails
• Sexual Health
• Brain/Mental Health
• Insomnia
• Menopause
• Anti-aging
• Prenatal Health
• Others

Dietary Supplements End-user Outlook (Revenue, USD Million, 2017 - 2030)

• Adults
• Geriatric
• Pregnant Women
• Children
• Infants

Dietary Supplements Type Outlook (Revenue, USD Million, 2017 - 2030)

• OTC
• Prescribed

Dietary Supplements Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Offline
  • Hypermarkets/Supermarket
  • Pharmacies
  • Specialty Stores
  • Practioner
  • Others
• Online

Dietary Supplements Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

 List of Key Players of Dietary Supplements Market

• Amway Corp.
• Glanbia PLC
• Abbott
• Bayer AG
• Pfizer Inc.
• ADM
• NU SKIN.
• GlaxoSmithKline plc
• Bionova
• Ayanda
• Arkopharma
• Herbalife International of America, 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.

U.S. Skilled Nursing Facility And Rehabilitation Market is Projected to Boost USD 308.8 Billion by 2030: Grand View Research Inc.

 U.S. Skilled Nursing Facility And Rehabilitation Market Growth & Trends

The U.S. skilled nursing facility and rehabilitation market size is expected to reach USD 308.8 billion by 2030, expanding at a CAGR of 4.5%, according to a new report by Grand View Research, Inc. The growing incidences of chronic conditions such as diabetes, paralysis, hypertension, etc, and the rising geriatric population is expected to fuel the market over the next few years. In 2019, the geriatric population over 65 has increased up to 9% out of which 14.3 majorities of adults above the age of 65 years suffered from chronic disease and need these facilities. Medicare and Medicaid availability and the growing technologies will play a driving role for the market in the coming years.

To cope with the COVID-19 situation, in November 2020, the Centers for Medicare and Medicaid Services released guidelines for skilled nursing facilities to help curb the spread of the novel COVID-19 infection. These measures include physical distancing (maintain distance of 6 feet from people), wearing a face mask, and limiting the number of visitors (keeping it one at a time). Majority of these facilities were not allowed to accept new residents and did not have new revenue streams for the additional expenses associated with the virus, which had a negative impact on the skilled nursing facilities services sector.

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U.S. Skilled Nursing Facility And Rehabilitation Market Report Highlights

• The freestanding segment dominated the market in 2021 due to its lower cost compared to the hospital-based facility. The freestanding segment is expected to continue the dominance and witness a great growth rate
• Skilled nursing facilities are reimbursed by medicare part A and B resulting in more sustainability and thus is a fuel factor for the growth of the market
• The market is present with small and large players, leading to higher competition among smaller players to sustain their market position. The market is quite open for new entrants due to government support and great reimbursement policies
• Mergers and acquisitions is one of the key strategic initiatives undertaken by market players to sustain in the competitive market. For instance, in December 2020, The Ensign Group, Inc. acquired Hays Nursing and Rehabilitation Center, a 116-bed skilled nursing facility located in Texas
• According to the Center for Medicare Advocacy report published in March 2021, nursing centers received billions of dollars during the pandemic from the government. For instance, as of March 2021, around 10,293 nursing facilities received Paycheck Protection Program loans, totaling around USD 5.7 billion. This program was created as a part of the CARES Act and extended by the Consolidated Appropriation Act, 2021 to provide financial assistance to businesses for retaining their employees during the pandemic. The assistance has helped these centers to offset their financial costs and losses incurred due to the pandemic

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U.S. Skilled Nursing Facility And Rehabilitation Market Segmentation

Grand View Research has segmented the U.S. skilled nursing facility and rehabilitation market on the basis of type of facility:

U.S. Skilled Nursing Facility And Rehabilitation Type of Facility Outlook (Revenue, USD Billion, 2017 - 2030)

• Freestanding
• Hospital

List of Key Players of the U.S. Skilled Nursing Facility And Rehabilitation Market

• Brookdale Senior Living, Inc.
• The Ensign Group, Inc.
• Genesis Healthcare, Inc.
• Extendicare
• Sunrise Senior Living, LLC
• ProMedica
• Golden Living Centers
• Life Care Centers of America

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.

Brachytherapy Treatment Planning Systems Market is Estimated To Attain USD 1.5 Billion by 2030

 Brachytherapy Treatment Planning Systems Market Growth & Trends

The global brachytherapy treatment planning systems market size is expected to reach USD 1.5 billion by 2030, registering a CAGR of 9.3% over the forecast period, according to a new report by Grand View Research, Inc. The global prevalence of cancer and cancer-related mortality is rapidly rising and driving the demand for innovative cancer care solutions. According to Globocan 2020 estimates, in 2020, 19.3 million new cancer cases were detected across the globe. Some of the most commonly diagnosed cancer cases are breast cancer, prostate cancer, lung cancer, and colorectal cancer. According to the WHO, globally, cancer is a leading cause of death claiming one in every six lives.

The dramatically rising prevalence of cancer is boosting the demand for innovative cancer care therapies with precise and accurate outcomes. The oncology care industry is witnessing a surge in innovations and investments by key participants developing novel technologies, which are anticipated to significantly transform the cancer care treatment regime. Constantly evolving healthcare infrastructure, increasing healthcare IT spending, and the unraveling of growth opportunities in emerging economies is propelling the market growth. Various government bodies and agencies across the globe are promoting public-private partnerships to boost product development strategies.

Along with the growing prevalence of cancer, the rising number of radiotherapy centers with technologies for better brachytherapy treatment planning is boosting the market growth. In recent years, the number of well-developed and technologically advanced radiotherapy centers is increasing. The adoption of brachytherapy treatment planning and patient care management is increasing due to the availability of better radiotherapy centers, public-private partnerships for the establishment of better facilities, and strategic collaborations of major players with radiotherapy centers for providing technologically advanced machines with enhanced treatment planning and delivery software & tools.

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Brachytherapy Treatment Planning Systems Market Report Highlights

• In 2021, the auto-contouring software segment dominated the market owing to the multiple benefits offered by auto-contouring software over manual contouring
• In-room imaging segment dominated the market in 2021 owing to the reduction of therapy uncertainties and improved precision treatment
• North America was the largest regional market in 2021 owing to the high cancer prevalence and the presence of a favorable reimbursement framework & advanced healthcare infrastructure
• Market players are integrating Artificial Intelligence(AI) and Machine Learning (ML) algorithms in their product offerings to improve screening & diagnosis, simulation, treatment planning, and care management
• The integration of AI/ML has significantly improved clinical decision support, data mining, diagnosis, and imaging segments of oncology care. These algorithms can be used for image segmentation and detection of areas of clinical importance
• According to Renal & Urology News, in February 2020, AI algorithms integrated with cancer care have had a positive impact on brachytherapy effectiveness on men with prostate cancer
• The massive piling & accumulation of cancer-related data, increasing need for timely diagnosis, and high demand for tailor-made cancer treatment plans are boosting the adoption of AI/ML into oncology

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Brachytherapy Treatment Planning Systems Market Segmentation

Grand View Research, Inc. has segmented the global brachytherapy treatment planning systems market on the basis of component, technique, and region:

Brachytherapy Treatment Planning Systems Component Outlook (Revenue, USD Million, 2017 - 2030)

• Auto-Contouring Software
• Multi-Modality Software
• PET/CT Deformable Software
• DICOM-RT Software

Brachytherapy Treatment Planning Systems Technique Outlook (Revenue, USD Million, 2017 - 2030)

• 3D Image Reconstruction
• In-Room Imaging
• Image Registration using Graphics Processor Unit

Brachytherapy Treatment Planning Systems Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Brachytherapy Treatment Planning Systems Market

• Elekta AB
• RaySearch Laboratories
• Varian Medical Systems
• Prowess Inc.
• MIM Software 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.

Metaverse Market Factors Hindering The Growth Rate, Challenges and Restraints For Business Development 2030

 Metaverse Market Growth & Trends

The global metaverse market size is predicted to attain USD 678.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 39.4% over the forecast period, owing to increasing demand from end-use industries, which prominently include media and entertainment, education, and aerospace and defense is anticipated to propel the industry growth over the forecast period. The metaverse market is also growing due to the steady adoption of XR technologies to enhance user experience on various platforms. The growing demand for metaverse to purchase digital assets using cryptocurrencies is expected to drive the market significantly. The development and distribution of Augmented reality (AR), Virtual Reality (VR), and Mixed Reality (MR) devices are anticipated to spur market growth in years to come.

The prefix "meta" is commonly used in Greek to denote "after" or "beyond." The metaverse is a three-dimensional interactive and immersive environment where several people can interact through avatars. The usage of the metaverse to purchase digital assets using bitcoin is becoming more popular around the world. Gaming websites, messaging applications, and social media platforms such as Facebook are being used to communicate with one another online. The metaverse is the advent of new online environments in which people's interactions are more multidimensional and they can engage more deeply with digital content rather than merely reading it.

The metaverse is widely used as a real-time virtual world to build and leverage vast opportunities for brand connection. It would also set the stage for the next phase of post-COVID-19 digital activity, namely the emergence of digital social experiences. On Metaverse platforms that allow blockchain technology to be utilized, users can create, own, and trade autonomous digital assets and virtual regions using cryptocurrencies like Bitcoin and Ethereum, as well as nonfungible tokens (NFTs). During the forecast period, rising demand for blockchain-based metaverse networks and platforms for trading digital assets is expected to drive considerable market revenue growth. One of the major factors driving the future expansion of the metaverse business is the rise of the gaming industry.

Recent Developments:

• In January 2022, The Sandbox has announced a partnership with Warner Music Group to launch the first music-themed world in The Sandbox metaverse. Warner Music Group (WMG) would be taking its initial steps into the metaverse and NFT sector with this alliance
• In November 2021, Tencent has announced that it has partnered with The Asian Institute of Digital Finance. The companies will collaborate in the areas of education, research, and entrepreneurship to support Asia’s fintech industry
• In November 2021, Epic Games, Inc acquired Harmonix Music Systems, Inc. While continuing to support existing products such as Rock Band 4, the Harmonix team will work closely with Epic Games, Inc to develop musical adventures and gameplay for Fortnite
• In October 2021, Facebook Reality Labs was estimated to spend at least USD 10 billion on the development of Augmented Reality (AR) and Virtual Reality (VR) hardware, software, and content. Facebook Reality Labs is the division of Meta Platform, Inc, which was formerly known as Facebook, Inc.
• In July 2021, Epic Games, Inc. acquired Sketchfab, Inc. Sketchfab is a 3D asset marketplace where users can publish, download, view, share, sell, and buy 3D models
• In June 2021, Tencent's game division, TiMi Studios had announced a new agreement with SNK CORPORATION to produce a new, unnamed mobile game based on the famous arcade franchise Metal Slug
• In March 2021, NetEase, Inc’s NetEase Cloud Music, and Merlin Network have expanded their strategic alliance in China to embrace a broader range of collaboration. The original partnership between Merlin Network and NetEase Cloud Music was signed in 2018
• In December 2017, ByteDance Ltd. and EQUALS formed a partnership. EQUALS is a global network of CEOs, governments, non-profit organizations, communities, and individuals working to close the digital gender gap. The formal agreement was revealed at a ceremony hosted by Bytedance in Beijing during the Global Festival of AI, which included representatives from both organizations

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Metaverse Market Report Highlights

• The hardware sub-segment in the product segment dominated the global metaverse market in 2021 and accounted for the largest market share, owing to the increased adoption of AR, VR, and MR devices
• Displays captured the highest revenue share in the hardware sub-segment in 2021 whereas, programming engines dominated the software sub-segment with the largest market share
• Desktop and headsets dominated the market with 42.2% and 34.9% of the total revenue shares in 2021, respectively, and are projected to remain the highest revenue-generating segments during the forecast period
• The VR and AR technology sector held the largest revenue share in 2021 as multiple industries such as gaming, healthcare, education, and entertainment have increasingly incorporated VR and AR technology for numerous purposes. Human resource domains are also incorporating the use of VR and AR devices for employee training
• In terms of offerings, the virtual platform segment accounted for the largest market share in 2021 and is anticipated to exhibit significant growth, owing to the increased adoption of these platforms for multiple uses such as adverting, branding, and academics. Many key players have also realized that virtual platforms help reduce capital expenditures and operating expenses
• The gaming segment is projected to dominate the application segment. The content and social media segment is anticipated to witness considerable growth over the forecast period owing to the increased demand for social media applications
• The North American region accounted for the largest market share in 2021, owing to the high adoption of metaverse platforms
• The Asia Pacific region is likely to witness a robust growth rate over the forecast period, owing to factors such as demand for a better viewing experience, an increasing number of start-ups like OneRare, LOKA, and Bolly Heroes

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Metaverse Market Segmentation

Grand View Research has segmented the global metaverse market based on product, platform, technology, offering, application, end use, and region:

Metaverse Product Outlook (Revenue, USD Million, 2017 - 2030)

• Hardware
  • Displays
  • eXtended Reality (XR) Hardware
    • Haptic Sensors & Devices
    • Smart Glasses
    • Omni Treadmills
  • AR/VR Headsets
  • Others
• Software
  • Asset Creation Tools
  • Programming Engines
• Services

Metaverse Platform Outlook (Revenue, USD Million, 2017 - 2030)

• Desktop
• Mobile
• Headsets

Metaverse Technology Outlook (Revenue, USD Million, 2017 - 2030)

• Blockchain
• Virtual Reality (VR) & Augmented Reality (AR)
• Mixed Reality (MR)
• Others

Metaverse Offering Outlook (Revenue, USD Million, 2017 - 2030)

• Virtual Platforms
• Asset Marketplaces
• Avatars
• Financial Services

Metaverse Application Outlook (Revenue, USD Million, 2017 - 2030)

• Gaming
• Online Shopping
• Content Creation & Social Media
• Events & Conference
• Digital Marketing (Advertising)
• Testing and Inspection
• Others

Metaverse End-use Category Outlook (Revenue, USD Million, 2017 - 2030)

• BFSI
• Retail
• Media & Entertainment
• Education
• Aerospace and Defense
• Automotive
• Others

Metaverse Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Metaverse Market

• Meta Platforms, Inc.
• Tencent Holdings Ltd.
• ByteDance Ltd.
• NetEase, Inc.
• Nvidia Corporation
• Epic Games, Inc.
• Roblox Corporation
• Unity Technologies, Inc.
• Lilith Games
• Nextech AR Solutions Corp.
• The Sandbox
• Active Theory
• Decentraland
• Microsoft Corporation

About Grand View Research

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

N95 Mask Market To Benefit from Increased Global Uptake of 2022 To 2030

 N95 Mask Market Growth & Trends

The global N95 mask market size is anticipated to reach USD 5.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.2% from 2022 to 2030. The market is primarily driven by the ongoing COVID-19 pandemic, increased regulatory mandates to wear masks in public settings, and the rising awareness regarding respiratory protection at the workplace. With the COVID-19 pandemic's emergence, N95 masks have mostly been employed in the healthcare industry by healthcare workers to protect both the patient and the healthcare personnel from biological agents’ exposure. The product demand is high in the healthcare sector since it offers good fluid resistance, breathability, and high filtration efficiency.

Surgical N95 respirators that are class II devices are regulated by CDC under 42 CFR Part 84 and FDA under 21 CFR 878.4040 in the U.S. Whereas in the European Union, FFP2 masks, which are equivalent to these products, are regulated under the European Standard EN149:2001 for filtering half masks to protect against particles. Growing demand for efficient respiratory protection equipment to guard against pollutants and harmful particulate matter in various industries such as construction, oil and gas, mining, and manufacturing will drive market growth. Furthermore, stringent occupational safety laws, particularly in developed economies are expected to boost demand.

N95 masks are extensively used in the construction sector to offer respirator protection from small particles and dust that cause allergies and respiratory diseases. The global construction industry is witnessing strong recovery owing to fiscal stimulus rolled out by governments that have increased infrastructure construction activities, thereby creating an upswing for the N95 masks. The pandemic provided an opportunity for companies to receive steady revenues from direct government procurement of masks aimed at fighting COVID-19. Furthermore, governments are adopting cost-effective methods such as strategic stock development, upstream agreements with industries for rapid conversion of assembly lines during crises, and international trade.

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N95 Mask Market Report Highlights

• The without exhalation valve segment accounted for a revenue share of 79.0% in 2021 owing to effective protection provided during inhalation and exhalation, and promotion by the World Health Organization and Centers for Disease Control and Prevention
• The penetration of online distribution channels is expected to witness a CAGR of 11.4% from 2022 to 2030 owing to the fast adoption of internet and e-commerceplatforms, as well as manufacturers' use of online distribution channels to offer their products
• Asia Pacific dominated the market and accounted for a revenue share of 28.8% in 2021, on account of burgeoning pharmaceuticals, mining, manufacturing, and construction industries, which extensively use respiratory protective equipment, including N95 masks
• In October 2021, Shawmut Corporation and The Fallon Company have launched a Protex N95 mask for prolonged use that is NIOSH-approved with the patent-pending Protex ADC comfort system
• In January 2021, 3M company increased its production capacity of N95 masks by USD 2.5 billion annually owing to the continued demand for respirators from the general public and government contracts

Access Press Release@ https://www.grandviewresearch.com/press-release/global-n95-mask-market

N95 Mask Market Segmentation 

Grand View Research has segmented the global N95 mask market on the basis of product, distribution channel, end-use, and region:

N95 Mask Product Outlook (Revenue, USD Million, 2017 - 2030)

• With Exhalation Valve
• Without Exhalation Valve

N95 Mask Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Online
• Offline

N95 Mask End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Healthcare
• Construction
• Manufacturing
• Oil & Gas
• Others

N95 Mask Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of N95 Mask Market

• 3M
• Alpha Pro Tech
• Ansell Ltd
• Medisca, Inc.
• O&M Halyard
• The Gerson Company
• Cardinal Health
• Medline Industries, Inc.
• Kimberly-Clark Corporation
• Honeywell International Inc.
• Moldex-Metric
• Makrite
• Prestige Ameritech
• Crosstex International, Inc.
• Shanghai Dasheng Health Products Manufacture Company, 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.

All-terrain Vehicle Market Size, Industry Share And Growth Analysis For 2022-2030: Grand View Research Inc.

 All-terrain Vehicle Market Growth & Trends

The global all-terrain vehicle market size is expected to reach USD 1.92 billion by 2030, registering a CAGR of 5.2% during the forecast period, as per a new report by Grand View Research, Inc. The development of off-road terrains, trails, and recreational parks is projected to boost the demand for All-terrain Vehicles (ATVs) by 2030. Moreover, governments’ initiatives to enhance tourism and recreational activities have supported the sales of ATVs. For instance, the Travel Management & Off-Highway Vehicle (OHV) Program announced by the U.S. Forest Service aims to increase the awareness and popularity of trails in North America.

Factors such as the growing popularity of off-road racing events and increased advertising have fueled the demand for ATVs across the globe. For instance, in January 2019, the Desert Series Pro ATV tournament involved ATV enthusiasts and many off-road vehicles which contributed to the adoption of ATVs. Additionally, growth in investments from sponsors is anticipated to boost the growth of the market by 2030.

Over the past few years, economic growth in developing economies, such as India and China, has resulted in higher disposable incomes and purchasing power of individuals, creating more spending capacity. This, in turn, supports the travel and tourism industry. As per the data published by the World Travel and Tourism Council (WTTC), the global tourism sector grew by 3.9% in 2018. The development of the tourism sector has led to a significant increase in recreational activities, thereby driving the demand for ATVs.

North America dominated the ATV market in 2021. This can be attributed to the presence of vast and diverse landscapes in North America, including mountain ranges and dense forests. ATV manufacturers focus on developing innovative and safer equipment that can meet the diverse needs of end users who want to explore tough terrains. Additionally, the increasing production and sales of ATVs in North America are expected to contribute to the growth of the market. The presence of various market players, including Polaris Inc., Textron Inc., and BRP, among others, is likely to further contribute to the growth

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All-terrain Vehicle Market Report Highlights

• The market for all-terrain vehicles is anticipated to witness growth owing to the increasing number of adventure and trails parks and the rising popularity of off-road sports activities
• The 400cc-800cc engine type segment accounted for a significant revenue share of over 23.0% in 2021. The increase in demand for 400-800cc engine ATVs is accredited to the demand for search & rescue operations and utility purposes
• The ATV market in Europe is expected to witness a high CAGR over the forecast period owing to the increased demand for off-road vehicles in diverse sectors, such as defense, military, and agriculture
• Key players operating in the market include American Honda Motor Co., Inc.; Polaris Inc.; Bombardier Recreational Products (BRP); Arctic Cat Inc. (acquired by Textron Inc.); and Yamaha Motor Corporation

Access Press Release@ https://www.grandviewresearch.com/press-release/global-all-terrain-vehicle-market

All-terrain Vehicle Market Segmentation

Grand View Research has segmented the global all-terrain vehicle market report based on engine type, application, and region:

All-terrain Vehicle Engine Type Outlook (Volume, Units; Revenue, Million, 2018 - 2030)

• Below 400cc
• 400cc-800cc
• Above 800cc

All-terrain Vehicle Application Outlook (Volume, Units; Revenue, Million, 2018 - 2030)

• Agriculture
• Sports
• Recreational
• Military and Defense

All-terrain Vehicle Regional Outlook (Volume, Units; Revenue, Million, 2018 - 2030)

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

List of Key Players in the All-terrain Vehicle Market

• Polaris Inc.
• American Honda Motor Co., Inc.
• Bombardier Recreational Products (BRP)
• Yamaha Motor Corporation
• Arctic Cat 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.

U.S. Hospice Market Estimated to Experience a Hike in Growth by 2030: Grand View Research Inc.

 U.S. Hospice Market Growth & Trends

The U.S. hospice market size is expected to reach USD 64.7 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 8.20% over the forecast period. The rising healthcare expenditure, awareness about the benefits of palliative and end-of-life care, and favorable reimbursements are some of the major growth drivers. According to the NHPCO, there were 4,639 Medicare-certified hospices in operation in 2018, up 13.4% from 2014. The demand for palliative and hospice services is growing with the increasing geriatric population and the number of patients with life-threatening conditions.

According to the NHPCO, 1.55 million Medicare enrollees got hospice care in 2018, increasing by 4% from 2017. As a result, the number of hospice centers in the U.S. is increasing. In the last decade, hospice care has grown swiftly and steadily across the U.S. Over 5,500 hospices in the country provide medical pain treatment, emotional support, and spiritual resources & therapies to patients in their final stage of life. The rising demand for remote patient monitoring coupled with technological advancements, such as tele-hospice, is anticipated to drive the market in near future. Moreover, there is a trend of adopting new technologies to provide care for various illnesses and injuries.

For instance, in December 2019, Kindred Healthcare, LLC successfully implemented Netsmart Referral Manager (Netsmart) across LTAC hospitals. Netsmart is a centralized platform for automating the referral management process, contributing to time savings and better transparency for making informed admission decisions. The COVID-19 pandemic adversely affected operational goals and long-term projections of hospice businesses in the United States. This is due to a substantial decline in revenue caused by the reduction in referrals/admissions from hospitals. In the current situation, hospices have substantially adopted the technology. In the hospice sector, the usage of telehealth is growing, which is projected to provide growth opportunities for the market in the coming years.

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U.S. Hospice Market Report Highlights

• By location, the hospice center segment held the maximum revenue share in 2021. Hospice center eliminates the need for hospitalization and offers a more balanced & controlled care setting
• The growing preference for hospice centers is expected to drive the segment growth. For instance, according to an article published in The New England Journal of Medicine, 0.2% of people died in hospice centers in 2003. This figure increased to 8.3% by 2017
• The home hospice care segment is anticipated to witness significant growth during the forecast period due to the comfortable environment & constant care offered to patients and favorable reimbursement
• As per the NHPCO, home accounted for 55.6% of the total days of hospice care in 2018, representing a rise of 3.3% since 2014
• Based on type, the Routine Home Care (RHC) segment dominated the market in 2021 due to the low cost, along with the access to quality treatment, companionship, family involvement, and constant attention to the patients
• As per the NHPCO, the percentage of days of RHC increased to 98.2% in 2018 from 97.7% in 2014. Increasing duration of stay and growing Medicare spending are expected to fuel segment growth
• In terms of diagnosis, the dementia segment dominated the market in 2021 due to the high disease prevalence and rising need for its treatment

Access Press Release@ https://www.grandviewresearch.com/press-release/us-hospice-market-analysis

U.S. Hospice Market Segmentation

Grand View Research has segmented the U.S. hospice market on the basis of location, type, and diagnosis:

U.S. Hospice Type Outlook (Revenue, USD Billion, 2017 - 2030)

• Routine Home Care
• Continuous Home Care
• Inpatient Respite Care
• General Inpatient Care

U.S. Hospice Location Outlook (Revenue, USD Million, 2017 - 2030)

• Hospice Center
• Hospital
• Home Hospice Care
• Skilled Nursing Facility

U.S. Hospice Diagnosis Outlook (Revenue, USD Million, 2017 - 2030)

• Dementia
• Circulatory/Heart
• Cancer
• Respiratory
• Stroke
• Chronic Kidney Disease
• Others

List of Key Players of U.S. Hospice Market

• Kindred Healthcare Inc.
• Amedisys
• LHC Group, Inc.
• Brookdale Senior Living, Inc.
• Chemed Corporation
• Crossroads Hospice
• Seasons Hospice & Palliative Care
• Accentcare, Inc.
• Heart to Heart Hospice
• Oklahoma Palliative & Hospice Care

About Grand View Research

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

Facial Implant Market Get Facts About Business Strategies 2022 to 2030: Grand View Research Inc.

 Facial Implant Market Growth & Trends

The global facial implant market size is expected to reach USD 4.6 billion by 2030, registering a CAGR of 8.2% according to a new report by Grand View Research, Inc. Increasing incidences of facial injuries, demand for non surgical facial rejuvenation surgery and the introduction of technologically advanced 3D printed implants for facial reconstruction are expected to drive the facial implant market over the forecast period.

In addition, rising initiatives in a probe to increase awareness regarding aesthetic surgery are expected to drive the industry growth in near future. For instance, The American Society of Plastic Surgeons (ASPS) support, educate and advocate improved patient care & work towards enhancing awareness levels pertaining to aesthetics in the U.S.

It also conducts periodic medical conferences, thereby, educating surgeons on latest techniques in the field of cosmetic surgery. Furthermore, growing geriatric population and adoption of cosmetic procedures are some factors contributing towards the growth of the market over the forecast period.

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Facial Implant Market Report Highlights

• Global facial implant procedure market growth is attributed by factors such as the growing demand for minimally invasive surgery and the prevalence of target disorders.
• The procedure market was dominated by eyelid surgery owing to, the increasing demand for blepharoplasty procedures for the treatment of puffy eyelids, excessive fats reduction & vision correction
• Chin and mandibular implants dominated the product segment at over 25.0% share in 2014, owing to the increasing number of reconstructive chin augmentation procedures
• Injectables are expected to witness significant growth over the forecast period due to the growing demand for minimally invasive surgeries pertaining to facial reconstruction surgeries
• North America was the largest regional facial implants market, valued at over USD 900.0 million in 2014. The region’s market position is attributed to factors such as the increasing expenditure on aesthetic procedures, growing awareness levels pertinent to facial rejuvenation surgery, and the presence of sophisticated healthcare infrastructure.
• Asia Pacific is expected to register lucrative growth of over 7.0%, owing to constantly improving healthcare infrastructure, and demand for non-surgical aesthetic procedures. Lower procedural costs & increasing medical tourism in this region are also likely to boost growth.
• Key players of the facial implants market include Implantech Associates Inc., Eurosurgical, Wanhe Plastic Materials, Medartis AG, Kanghui Medical Innovation Co. Ltd., OsteoMed, Stryker Corp., Spectrums Design Medical, KLS Martin L.P., Sientra Inc, Johnson & Johnson, Integra LifeSciences, Gore Medical, Sebbin, TMJ Concepts, Zimmer-Biomet Inc, and Hanson Medical, Inc.

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

Facial Implant Market Segmentation

Grand View Research has segmented the facial implant market on the basis of product, material, procedure, shape, gender, end user, region:

Facial Implant Product Outlook (Revenue, USD Million, 2018 - 2030)

• Chin and Mandibular
• Cheek
• Nasal
• Injectables

Facial Implant Material Outlook (Revenue, USD Million, 2018 - 2030)

• Metal
• Biologicals
• Polymers
• Ceramic

Facial Implant Procedure Outlook (Revenue, USD Million, 2018 - 2030)

• Eyelid Surgery
• Facelift
• Rhinoplasty

Facial Implant Shape Outlook (Revenue, USD Million, 2018 - 2030)

• Anatomical Facial Implants
• Oval Facial Implants
• Round Facial Implants

Facial Implant Gender Outlook (Revenue, USD Million, 2018 - 2030)

• Male
• Female

Facial Implant End User Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Trauma Center
• Specialty Clinics
• Ambulatory Surgical Centers

Facial Implant Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List Of Key Players Of Facial Implant Market

• Zimmer Biomet
• Depuy Synthes
• Stryker Corp.
• Medartis AG
• EUROS
• Xilloc
• KLS Martin Group
• Hanson Medical, Inc.
• Integra LifeSciences
• OsteoMed
• Sientra Inc
• Kangui Medical Innovation Co. Ltd.
• AART Inc.
• Anthony Products Inc
• L. Gore & Associates, Inc.
• Spectrims Design Medicals Inc.
• Lucid Implants
• Johnson & Johnson
• TMJ Concepts
• Sebbin

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.