Expansion of Pharmacovigilance Market During 2023– 2030 to Gain Robust Traction: Grand View Research Inc.

 

Pharmacovigilance Market Growth & Trends

The global pharmacovigilance market size is expected to reach USD 17.36 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 10.3% from 2023 to 2030. The increasing incidence of Adverse Drug Reactions (ADR) is a key growth factor. ADR imposes a substantial burden on healthcare systems and is one of the prominent causes of morbidity in developed countries. According to the National Center for Biotechnology Information (NCBI), approximately 5% of total hospitalizations in Europe each year are due to ADR. Pharmacovigilance services play an integral role in this clinical trial phase by assisting manufacturers in identifying adverse effects associated with the drug.

COVID-19 has undoubtedly thrown up numerous challenges as well as opportunities for pharmacovigilance service providers. Various companies are developing innovative platforms to gain a competitive edge. For instance, in December 2020, ArisGlobal and EVERSANA declared a strategic partnership to digitally transform end-to-end pharmacovigilance services globally.

The community involved in PV procedure has been quick to respond to the pandemic. Some companies are using big data analytics against COVID-19. Thus, this refers to a depth analysis of data from multiple sources. In April 2020, Saama Technologies offered its Life Science Analytics Cloud technology platform to support the consortium creation. The purpose is to fetch data from both current and future studies to slash the time required to discover a treatment by as much as 50%. Life Science Analytics Cloud is an artificial intelligence-powered platform. This represents the scope for future developments in this market.

According to the World Health Organization's (WHO) report on pharmaceutical consumption, chronic disease medications accounted for a larger proportion of the total volume of drug consumption in non-hospital setups. Hence, there has been a significant rise in the number of medicines made available to healthcare consumers. The rising demand for drugs has significantly heightened the need for the development of novel therapeutics via extensive clinical trials, which is expected to serve this market with lucrative opportunities.

Moreover, leading pharma companies in developed countries are focusing on outsourcing PV services to reduce costs and minimize operational expenses. This is anticipated to provide an opportunity to contact research organizations in developing regions to gain more revenue share. Manufacturers are now focusing on remodeling their product development processes in an attempt to cater to patient needs across the globe. These factors are anticipated to fuel the demand for pharmacovigilance services during the forecast period.

The companies operating in the market are undertaking strategic initiatives, such as collaborations with PV service providers to gain access to medical information and manage PV workflows. For instance, In October 2021, The Whiteboard, an academy for training specialists in the clinical trials and drug development field, proclaimed a partnership with OviyaMedSafe, a worldwide drug safety service and pharmacovigilance consulting corporation.

Similarly, in September 2019, Accenture collaborated with Bayer to implement the company's INTIENT Clinical platform to simplify and speed up its drug development processes, thereby widening its business. The company collaborated with BioCelebrate in the past to develop a platform for aggregating and analyzing clinical information for improving the efficiency of drug development, thus enhancing its R&D capabilities. Such initiatives help companies maintain their position and thereby support the market growth.

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Pharmacovigilance Market Report Highlights

• By product life cycle, phase IV held a dominant share of over 75.8% in 2022 owing to the extensive post-marketing surveillance of pharmaceuticals and an increasing number of ADR incidences in the market

• By service provider, contract outsourcing held a significant share of over 60.0% in 2022 owing to the shift in the focus of pharmaceutical companies toward outsourcing services to reduce operational cost

• Based on type, spontaneous reporting held the largest revenue share in 2022 due to its wide application in pharmacovigilance and benefits such as easy simulation of data sets for better drug comparison

• The biotechnology companies end-use segment is anticipated to exhibit a lucrative CAGR over the forecast period owing to increasing R&D for the development of novel biologics

• Asia Pacific is anticipated to register a lucrative CAGR of 10.8% over the forecast period. This is attributed to the availability of low-cost labor and the rising number of outsourcing companies in this region

• Industry participants are focusing on increasing R&D activities to develop better pharmacovigilance services. Moreover, companies are adopting strategies including new product launches, collaborations, and mergers & acquisitions to gain a competitive advantage

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Pharmacovigilance Market Segmentation

Grand View Research has segmented the global pharmacovigilance market on the basis of product life cycle, service provider, type, process flow, therapeutic area, end-use, and region:

Pharmacovigilance Product Life Cycle Outlook (Revenue, USD Million, 2017 - 2030)

• Pre-clinical

• Phase I

• Phase II

• Phase III

• Phase IV

Pharmacovigilance Service Provider Outlook (Revenue, USD Million, 2017 - 2030)

• In-house

• Contract Outsourcing

Pharmacovigilance Type Outlook (Revenue, USD Million, 2017 - 2030)

• Spontaneous Reporting

• Intensified ADR Reporting

• Targeted Spontaneous Reporting

• Cohort Event Monitoring

• EHR Mining

Pharmacovigilance Process Flow Outlook (Revenue, USD Million, 2017 - 2030)

• Case Data Management

  • Case Logging

  • Case Data Analysis

  • Medical Reviewing & Reporting

• Signal Detection

  • Adverse Event Logging

  • Adverse Event Analysis

  • Adverse Event Review & Reporting

• Risk Management System

  • Risk Evaluation System

  • Risk Mitigation System

Pharmacovigilance Therapeutic Area Outlook (Revenue, USD Million, 2017 - 2030)

• Oncology

• Neurology

• Cardiology

• Respiratory Systems

• Others

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

• Pharmaceuticals

• Biotechnology Companies

• Medical Device Manufacturers

• Others

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

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

  • France

  • Italy

  • Spain

  • Russia

• Asia Pacific

  • Japan

  • China

  • India

• Latin America

  • Brazil

  • Mexico

• MEA

  • South Africa

  • Kingdom of Saudi Arabia

List of Key Players of Pharmacovigilance Market

• Accenture

• Clinquest Group B.V. (Linical Americas)

• IQVIA

• Cognizant

• Laboratory Corporation of America Holdings

• IBM Corporation

• ArisGlobal

• ICON Plc.

• Capgemini

• ITClinical

• TAKE Solutions

• PAREXEL International Corporation

• BioClinica, Inc.

• Wipro Limited

• UNITED BIOSOURCE CORPORATION

• FMD K&L

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 Extended Detection And Response Market to Register Stable Expansion During 2022 – 2030: Grand View Research Inc.

 

Extended Detection And Response Market Growth & Trends

The global extended detection and response market size is expected to reach USD 3.41 billion by 2030, growing at a CAGR of 20.7% from 2022 to 2030, according to a study conducted by Grand View Research, Inc. The market benefits from the growing adoption of BYOD and enterprise mobility trends across organizations, the need to mitigate IT security risks, and the increasing number of enterprise-targeted cyber-attacks across the globe. Extended Detection and Response (XDR) solutions help security professionals to visualize cyber threat patterns holistically. Additionally, XDR tools help centralize and normalize data in a central repository to analyze data security incidents faster, giving organizations greater control over security to defend against vulnerabilities.

Cyber threat risks and the challenges faced in securing critical data are intensifying with the increasing adoption of technologies such as IoT and cloud. Detecting, responding, and mitigating such threats across several control points is complex as organizations deploy numerous solutions that collectively generate a large number of alerts. This has increased the demand for a comprehensive solution that extends the capabilities of endpoint detection to the detection of incidents across several security control points. Unlike EDR solutions that remove only endpoint threats, XDR solutions offer a 360-degree view of the security environment.

The COVID-19 pandemic has led to the heightened need for XDR tools as organizations were required to implement remote working models. The abrupt transition allowed several cyber threat actors to target vulnerable endpoints and a spike in phishing, ransomware, and spam was observed across organizations. Recently, a joint alert was issued by the U.K. and the U.S. Federal cyber agencies declaring that the COVID-19 crisis is being exploited by cyber-attackers to compromise the endpoints used for remote work by employees.

The National Cyber Security Centre (NCSC), Cybersecurity and Infrastructure Security Agency (CISA), and Department of Homeland Security (DHS) shared the observations concentrating on some of the latest incidents. The need to effectively detect and mitigate incidents across a dynamic security framework has led to the increased demand for unified detection and response solutions.

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Extended Detection And Response Market Report Highlights

• In terms of component, the solutions segment dominated the market in 2021 and is expected to register significant growth over the forecast period. This can be attributed to the rising demand for comprehensive detection solutions across organizations of all sizes

• In terms of deployment type, the on-premises segment is expected to dominate the extended detection and response market over the forecast period. This can be attributed to the need for an optimum level of data security with security protocols and physical access controls across organizations

• The large enterprises segment dominated the extended detection and response industry owing to the increased spending on security infrastructures and cloud technologies

• North America accounted for the largest revenue share in 2021, attributed to the high investment of organizations in the region in security solutions

• The prominent market participants include McAfee, LLC; Trend Micro Incorporated; Microsoft; Palo Alto Networks, Inc.; Cybereason; Broadcom; Cynet; and SentinelOne

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Extended Detection And Response Market Segmentation

Grand View Research has segmented the global extended detection and response (XDR) market based on component, deployment type, application, and region:

Extended Detection And Response Component Outlook (Revenue, USD Million, 2018 - 2030)

• Solution

• Services

Extended Detection And Response Deployment Type Outlook (Revenue, USD Million, 2018 - 2030)

• On-premises

• Cloud

Extended Detection And Response Application Outlook (Revenue, USD Million, 2018 - 2030)

• Large Enterprises

• SMEs

Extended Detection And Response (XDR) Regional Outlook (Revenue, USD Million; 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

• Asia Pacific

  • China

  • India

  • Japan

• Latin America

  • Brazil

  • Mexico

• Middle East & Africa

List of Key Players of Extended Detection And Response Market

• McAfee, LLC

• Trend Micro Incorporated

• Microsoft

• Palo Alto Networks.

• Cybereason

• Broadcom

• Cynet

• SentinelOne

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.

Cryogenic Equipment Market Estimated To Flourish By 2030: Grand View Research Inc.

 

Cryogenic Equipment Market Growth & Trends

The global cryogenic equipment market size is expected to reach USD 36.7 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.5% during the forecast period. Increasing demand for technical gases from the energy & power industries and rising needs within the entire Liquefied Natural Gas (LNG) value chain are expected to propel the industry growth during the forecast period. Cryogenic equipment is widely used in LNG storage and transportation. LNG, a low-emission fuel, is preferred by several regulatory bodies addressing environmental concerns, thereby driving product demand. Rising investments in LNG power plants and the trend toward using LNG fuel in railroads and marine transportation have increased the demand for cryogenic equipment.

Technological developments in the fields of pharmaceutical, immunotherapy, vaccination, and regenerative medication have boosted the utilization of cryogenic equipment. In addition, a rise in cases of health-related problems, particularly in metropolitan areas, as well as the growing population is expected to support the growing installation of cryogenic equipment. Advancement in the energy & power sector has led to the improvement of HTS cables and energy storage, facilitating the use of cryogenic equipment for cooling purposes. Furthermore, substantial investments in developing countries to construct smart cities, high-speed trains, and the need to reduce global carbon footprints are likely to create lucrative opportunities for the industry.

An increase in government programs, greenfield investments, and related policies to adopt advanced technological equipment is expected to boost product demand over the forecast period. Rapid industrialization and increasing disposable income have led to the widespread adoption of this equipment in automotive, metallurgy, and other industries. Companies in the industry are actively engaged in mergers and acquisitions and joint ventures to strive in the competitive industry. For instance, in September 2020, Air Liquide SA acquired the majority of its stake in the French company Cryoconcept. In December 2021, Chart Industries Inc. signed MOU with Howden Group, incorporating gas compression systems in Chart hydrogen offerings.

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Cryogenic Equipment Market Report Highlights

• The tank segment accounted for a significant revenue share in 2021. Tank equipment presents several benefits including high-quality insulation, extended service life, and lower maintenance cost

• The liquefied natural gas segment held the largest revenue share in 2021 due to the wider usage of LNG in various industries including, chemical, automotive, food, and energy sectors

• The storage application segment accounted for a significant share in 2021 due to the high demand for acquiring, storing, and monitoring liquefied gases like oxygen, nitrogen, natural gas, and argon

• The Asia Pacific was the dominant region in 2021owing to the rapid urbanization and industrialization in the region

• In January 2020, Linde plc announced starting a new air-separation plant in Shanghai Lingang Industrial Zone as a joint venture with Linde LienHwa to deliver ultra-high purity gases, such as nitrogen, oxygen, argon, carbon dioxide, as well as compressed dry air

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Cryogenic Equipment Market Segmentation

Grand View Research has segmented the global cryogenic equipment market on the basis of product, cryogen, application, end-use, and region:

Cryogenic EquipmentProduct Outlook (Revenue, USD Million, 2017 - 2030)

• Tanks

• Valves

• Pumps & Vaporizers

• Vacuum Jacket Piping (VJP)

• Others

Cryogenic Equipment Cryogen Outlook (Revenue, USD Million, 2017 - 2030)

• Nitrogen

• Oxygen

• Argon

• Liquefied Natural Gas

• Others

Cryogenic Equipment Application Outlook (Revenue, USD Million, 2017 - 2030)

• Distribution

• Storage

Cryogenic Equipment End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Oil & Gas

• Metallurgy

• Automotive

• Food & Beverage

• Chemical

• Others

Cryogenic Equipment Regional Outlook (Revenue, USD Million, 2017 – 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • U.K.

  • Germany

  • France

  • Italy

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

• Central & South America

  • Brazil

  • Argentina

• Middle East & Africa

  • Saudi Arabia

  • South Africa

List of Key Players of the Cryogenic Equipment Market

• Chart Industries Inc.

• Linde Plc

• Herose GmbH

• Nikkiso Co. Ltd.

• Wessington Cryogenics

• Braunschweiger Flammenfilter GmbH

• Standex International

• INOX India Ltd.

• Air Liquide SA

• Premier Cryogenics Ltd.

• Lapesa Grupo Empresarial s.l

• Galileo Technologies S.A.

• MAN Energy Solutions SE

• Cryolor SA

• SAS Cryo pur

• Ulvac Technologies, 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.

Subscription Billing Management Market Major Key Players And Latest Trend Analysis Till 2030: Grand View Research Inc.

 

Subscription Billing Management Market Growth & Trends

The global subscription billing management market size is expected to reach USD 17.95 billion by 2030, registering a CAGR of 16.1% during the forecast period, according to a new report by Grand View Research Inc. The growing adoption of the billing management and subscription models in utilities, media & entertainment, and the public sector will create more growth opportunities for the subscription billing management industry during the forecast period.

Service providers in these industries are focused on providing high-quality and better solutions to clients. Additionally, the desire to reduce operating expenses and the demand for cloud-based software would further broaden the scope of the market for subscription billing management.

Several subscription billing management service providers also provide periodic bill payments, which can be obtained by attaching the user's debit and credit cards or bank account. This ensures that greater importance is needed on adding a high level of security to each payment process to gain more trust from the customer and avoid financial ramifications in the event of hacking or fraud.

The subscription model is also gaining importance across the travel industry. Travel companies are shifting to this model to offer cheaper travel to frequent travelers and save their time at ticket counters. Major commercial airlines are making efforts to introduce subscription services to boost customer loyalty and retention. For instance, in October 2019, Delta airlines announced the launch of a paid membership option named SkyMiles Select for members of SkyMiles. SkyMiles Select is an annual membership worth USD 59, which provides travelers unlimited priority boarding, a special bag tag, and eight free onboard drinks every year.

The outbreak of the COVID-19 pandemic had a moderately positive impact on the demand for subscription billing management software. Companies worldwide are expected to adapt to new customer norms and new business models. They need to respond to long-term social changes, including how customers select products and channel preferences. Changes in customer behavior are expected to accelerate the need to integrate enhanced digital payment solutions into subscription billing management platforms.

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Subscription Billing Management Market Report Highlights

• Subscription order management held the largest share in the software segment, as it helps companies in winning new customers by providing subscriptions containing the appropriate mix of products, recurring and one-time services, and third-party content

• Professional services held the largest share in the services segment as they help businesses in installing the software, aligning the software with the existing systems, and operating the software efficiently

• The cloud segment is expected to continue its dominance over the forecast period, as cloud deployment can potentially make the subscription management process more efficient

• Various factors, such as the increasing adoption of cloud-based solutions across the U.S., have resulted in the increased automation of subscription methods in the North American regional market

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Subscription Billing Management Market Segmentation

Grand View Research has segmented the global subscription billing management market based on software, services, deployment, enterprise size, end-use, and region:

Subscription Billing Management Software Outlook (Revenue, USD Million, 2017 - 2030)

• Credit And Collection Management

• Receivables Management

• Quote And Pricing Management

• Subscription Order Management

• Dispute Management

• Others

Subscription Billing Management Services Outlook (Revenue, USD Million, 2017 - 2030)

• Professional Services

• Managed Services

Subscription Billing Management Deployment Outlook (Revenue, USD Million, 2017 - 2030)

• Cloud

• On-premise

Subscription Billing Management Enterprise Size Outlook (Revenue, USD Million, 2017 - 2030)

• Large Enterprises

• Small & Medium Enterprises

Subscription Billing Management End-use Outlook (Revenue, USD Million, 2017 - 2030)

• BFSI

• Retail & E-Commerce

• IT & Telecom

• Media & Entertainment

• Healthcare

• Others

Subscription Billing Management Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • Germany

  • U.K.

• Asia Pacific

  • China

  • India

  • Japan

• Latin America

  • Brazil

• Middle East & Africa

List of Key Players in the Subscription Billing Management Market

• Aria Systems, Inc.

• Oracle

• BluSynergy

• SAP SE

• Conga

• Recurly, Inc.

• Gotransverse

• cleverbridge

• Zuora Inc.

• LogiSense 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.

Hair Wigs And Extensions Market Set to Surge Significantly During 2022-2030: Grand View Research Inc.

 

Hair Wigs And Extensions Market Growth & Trends

The global hair wigs and extensions market size is estimated to be USD 12.27 billion in 2030 and is anticipated to grow at a CAGR of 8.0% from 2022 to 2030, according to a new report by Grand View Research, Inc. The use of hair wigs and extensions protects the natural hair against the damage caused by heating and the use of chemicals. Furthermore, these products are also used for styling as they are highly convenient. In addition, the increasing incidence of diseases related to hair including alopecia is another factor expected to contribute to the growth of the industry over the forecast period. The COVID-19 pandemic had a negative impact on the global industry due to the shortage of human hair as a result of the closure of salons to stop the spread of the virus.

The industry was also heavily impacted due to restrictions on the export and import of the products. The businesses operating in the industry suffered a major loss due to delays in the shipment of products across the globe. The wigs segment held a higher share of the overall revenue in 2021 and is expected to expand at a substantial CAGR over the forecast period. The high adoption of wigs is the primary factor expected to contribute to the growth of the segment. Wigs enable the user to achieve the desired look by styling it without causing any damage to the natural hair while using chemicals and heat, which is increasing the adoption of wigs.

North America accounted for the largest revenue share in 2021 and is estimated to grow at a considerable CAGR over the forecast period. The increasing adoption of hair extensions & wigs by consumers in the region as a fashion accessory is a key factor contributing to its growth. Moreover, high product usage by all types of age groups as a part of their costume during the Halloween season. Major players are undertaking various strategies including global expansion, partnerships, acquisitions & mergers, development & launch of new products, and others to gain a higher share of the industry.

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Hair Wigs And Extensions Market Report Highlights

• Asia Pacific is expected to grow with the fastest CAGR over the forecast period due to the rising product adoption among the millennials and gen z population as a fashion accessory

• The extensions segment is estimated to register the fastest growth rate during the forecast period

• This growth is attributed to the factors, such as the growing demand for high-quality extensions coupled with their availability in different attaching techniques

• The synthetic hair type segment is projected to register the fastest growth rate during the forecast period

• This growth is attributed to the increasing adoption of synthetic hair goods as these are cheaper than human hair

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Hair Wigs And Extensions Market Segmentation

Grand View Research has segmented the global hair wigs and extensions market on the basis of product, hair type, and region:

Hair Wigs & Extensions Product Outlook (Revenue, USD Million, 2017 - 2030)

• Wigs

• Extensions

Hair Wigs & Extensions Hair Type Outlook (Revenue, USD Million, 2017 - 2030)

• Human Hair

• Synthetic Hair

Hair Wigs & Extensions Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • U.K.

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Indonesia

• Central & South America

  • Brazil

• Middle East & Africa

  • South Africa

List of Key Players of Hair Wigs And Extensions Market

• Evergreen Products Group Ltd.

• Godrej Consumer Products Ltd.

• Artnature Inc.

• Aderans Co., Ltd.

• Donna Bella Hair

• F.N. Longlocks

• ALERIANA Wigs

• Klix Hair Extensions

• Indique Hair

• Shake-N-Go, 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.

Pet Grooming Services Market Poised to Expand at a Robust Pace Over 2030: Grand View Research Inc.

 

Pet Grooming Services Market Growth & Trends

The global pet grooming services market size is expected to reach USD 9.83 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 7.09% from 2022 to 2030. Increasing humanization of pets, rising number of pet service businesses & premiumization of pet services, and high pet expenditure are some of the key factors contributing to the industry growth. PetPass Mobile Grooming is a U.S.-based start-up founded in 2014 that provides grooming and additional services, such as mud treatments, flea/tick treatments, massage, walking, and yard clean-up to pet parents at home or office. The industry registered reduced revenues during the COVID-19 pandemic due to limited access to groomers and grooming salons. However, as pet parents started working from office, the demand for these services is expected to increase in the coming years.

Key players are using competitive pricing strategies, bundling of services, as well as subscription models to attract and retain new customers. As of August 2022, Pets at Home Group plc had about 7.3 million active members of their VIP loyalty club that benefitted from the company’s pet care ecosystem comprising pet products, vet practices, grooming salons, etc. Pet grooming services, both at home and at-commercial facilities have been gaining traction among owners. This is owing to an inclination toward improved physical appearance and increasing awareness about the health & hygiene of companion animals. Pet care marketplaces, such as Groomit, Go Groom It (UAE), etc. are gaining traction as they connect pet parents to groomers. Changing lifestyles in developing countries, such as India, has led to increased preference for commercial grooming packages, which is also expected to drive the industry over the forecast period.

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Pet Grooming Services Market Report Highlights

• The dogs pet type segment held the highest revenue share in 2021 and is expected to grow at a significant CAGR over the forecast period

• The cats segment is expected to register the fastest CAGR from 2022 to 2030

• Georgia House Rabbit Society in the U.S., for instance, offers grooming services for rabbits that include nail clipping, brushing, bathing, scent gland cleaning, trimming, etc.

• The massage/spa & others segment dominated the industry in 2021. It is also projected to grow at the fastest CAGRover the forecast years

• The commercial facilities delivery channel segment accounted for the highest revenue share in 2021

• North America is expected to lead the industry throughout the forecast period due to the presence of key players and the premiumization of pet services

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Pet Grooming Services Market Segmentation

Grand View Research has segmented the global pet grooming services market on the basis of pet type, service type, delivery channel, and region:

Pet Grooming Services Pet Type Outlook (Revenue, USD Million, 2017 - 2030)

• Dogs

• Cats

• Others

Pet Grooming Services Service Type Outlook (Revenue, USD Million, 2017 - 2030)

• Massage/Spa & Others

• Shear & Trimming

Pet Grooming Services Delivery Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Commercial Facilities

• Others

Pet Grooming Services Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • Japan

  • India

  • Australia

  • South Korea

• Latin America

  • Brazil

  • Mexico

  • Argentina

• MEA

  • South Africa

  • Saudi Arabia

List of Key Players of Pet Grooming Services Market

• Petsfolio

• Pets At Home, Inc.

• PetSmart LLC

• Wag Labs, Inc.

• POOCH DOG SPA 

• Paradise 4 Paws

• PetBacker

• Dogtopia Enterprises 

• Anvis Inc.

• Pawz & Company

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.

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

 

Orthodontic Consumables Market Growth & Trends

The global orthodontic consumables market size is expected to reach USD 4.03 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 5.9% over the forecast period. The specialty of orthodontics is dentofacial augmentation. The field of orthodontics is associated with adjusting the lower and upper jaws to line up as they close. The requirement for orthodontic consumables is growing due to the increase in dentofacial augmentation procedures. The most common issues that fall under the orthodontics field of dentistry include crooked teeth, teeth that are positioned incorrectly, and a problem where the jaws don’t close together properly. In addition, orthodontics restores dental aesthetics and guards against periodontal disease and tooth decay.

The drivers that are most likely to spur industry growth are highlighted in in-depth research on the orthodontic consumables industry and the rising prevalence of disorders. Growing cases of malocclusion, a dental problem that affects nearly 50% to 75% of people in major industrialized countries, the aging population and their increasing need for dental care, and the rising demand for cosmetic dentistry are all anticipated to play a significant role in this development. In addition, it is projected that improvements in dentistry, the popularity of preventative orthodontics, and growing public awareness about the need for oral health care will all help positively shift the demand curve. It would create a more lucrative market segment in the near future.

Dental problems increase with malocclusion, most importantly, periodontal diseases, which are identified as one of the leading problems faced by many people. People suffering from periodontal diseases are more prone to develop heart diseases and diabetes, among other conditions that are likely to drive the industry. The industry has been negatively impacted by the COVID-19 pandemic. Many dental treatments and operations were initially put on hold as a result of the lockdown and international limitations that were implemented in a majority of the countries. The COVID-19 outbreak has severely disrupted the medical industry’s supply chain. There are several worries concerning the accessibility of dental services and guaranteeing the safety of dentists. However, in 2021, many offices and clinics around the world are reopened and the market demand is likely to grow during the forecast period.

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Orthodontic Consumables Market Report Highlights

• The brackets segment dominated the global industry in 2021due to the fact that brackets are the most commonly used orthodontic consumables

• The most profitable sub-segment of the bracket segment is the self-ligating bracket and is likely to grow further in the future

• The dental clinics segment is expected to witness a significant CAGR during the forecast period. A rising number of dental clinics and a high level of procedures performed in the clinics are likely to fuel the segment growth

• North America dominated the global industry in 2021 owing to a rise in the U.S. population, technological advances in dentistry, and the increasing coverage by dental insurance plans

• Asia Pacific is expected to register the fastest CAGR in the forecast period owing to the growing patient population, rising awareness about aesthetic procedures, and rapid technological advancements

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

Orthodontic Consumables Market Segmentation

Grand View Research has segmented the global orthodontic consumables market on the basis of product type, end-use, and region:

Orthodontic Consumables Product Type Outlook (Revenue, USD Million, 2018 - 2030)

• Anchorage Appliances

  • Buccal Tubes & Bands

  • Miniscrews

• Ligatures

  • Elastomeric Ligatures

  • Wire Ligatures

• Brackets

  • Aesthetic Brackets

  • Metal Brackets

• Archwires

  • Beta Titanium Archwires

  • Nickel Archwires

  • Stainless Steel Archwires

• Others

Orthodontic Consumables End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals

• Dental Clinics

Orthodontic Consumables Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

  • France

  • Spain

  • Italy

• Asia Pacific

  • India

  • China

  • Japan

  • South Korea

  • Australia

• Latin America

  • Brazil

  • Mexico

  • Argentina

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

List of Key Players in Orthodontic Consumables Market

• DENTSPLY International, Inc.

• DB Orthodontics

• Align Technology, Inc.

• G&H Orthodontics

• Rocky Mountain Orthodontics

• American Orthodontics

• Danaher Corp.

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.

Technological Advancements to Influence Oral Irrigator Market Growth 2022-2030: Grand View Research Inc.

 

Oral Irrigator Market Growth & Trends

The global oral irrigator market size is expected to reach USD 1.46 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.8% from 2022 to 2030. The main factors driving this market are the rising incidence of dental diseases such as periodontitis and dental carries, increasing awareness regarding the use of technologically advanced products, the ready availability of oral irrigators, and several initiatives taken by various government agencies and dental organizations.

The COVID-19 pandemic significantly impacted the market growth. All dental, medical, and surgical procedures that are nonessential and elective were postponed in the first and second quarters of 2020. Oral examinations, routine cleaning, preventive therapies, and orthodontic procedures that do not involve pain management were postponed. This negatively impacted the global dental market and successively impacted the market for oral irrigators. Dental services were among the last to relaunch post-pandemic relaxations as dental procedures have a high risk of transmission.

As oral irrigators are more expensive than conventional floss, their market expansion is being constrained. Nevertheless, it is believed that the value benefits provided by manufacturers in exchange for the promotion of technologically advanced items will lessen the impact of high costs and boost consumer acceptance of these products. This may influence people's preferences to change from utilizing conventional flossing techniques to effective oral irrigators.

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

Oral Irrigator Market Report Highlights   

• Based on product type, the cordless segment accounted for the largest share of above 65.0% in 2021 as it is portable, economical, and safe

• The home application segment is anticipated to expand at the fastest CAGR of 5.0% during the forecast period. This is due to rising awareness regarding the advantages of routine flossing and good dental care and the popularity of technologically improved goods

• The online distribution channel segment is expected to witness lucrative growth over the forecast period. This is due to increasing reliance on technology and technical performance

• Asia Pacific dominated the global market with a revenue share of over 40.0% in 2021 owing to the presence of a large number of players and the rising prevalence of oral diseases

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

Oral Irrigator Market Segmentation

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

Oral Irrigator Product Type Outlook (Revenue, USD Million, 2018 - 2030)   

• Countertop

• Cordless

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

• Home

• Dentistry

Oral Irrigator Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)  

• Online

• Offline

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

• North America

• U.S.

• Canada

• Europe

• U.K.

• Germany

• France

• Italy

• Spain

• Asia Pacific

• China

• India

• Japan

• Latin America

• Brazil

• Mexico

• Argentina

• Middle East & Africa

• South Africa

• Saudi Arabia

• UAE

List of Key Players in Oral Irrigator Market

• Colgate-Palmolive

• Procter & Gamble

• Church & Dwight

• GlaxoSmithKline

• Johnson & Johnson

• Lion Corporation

• Sunstar Suisse S.A.

• Dr. Fresh

• Dentaid

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.

Fetal And Neonatal Care Equipment Market is Anticipated To Generate Significant Revenues by 2030: Grand View Research Inc.

 

Fetal And Neonatal Care Equipment Market Growth & Trends

The global fetal and neonatal care equipment market size is expected to reach USD 13.4 billion by 2030, exhibiting a CAGR of 7.28% from 2022 to 2030, according to a new report by Grand View Research, Inc. The market growth can be attributed to factors such as increasing birth rates in developing countries and the increasing prevalence of premature births. Various aspects such as delayed maternal age, induced fertility, and lack of proper prenatal care are considered to be major factors contributing to the birth of premature babies. In addition, hospital infections such as central line-associated bloodstream infections (CLABSI) and healthcare-associated pneumonia among newborns are contributing to market growth.

According to WHO estimates, 15 million infants are born preterm. To address the complications associated with babies born prematurely, the demand for fetal and neonatal devices is expected to rise significantly. In addition, the consequences of supportive government policies are propelling the market growth. For instance, in October 2018, the Australian Government announced a provision of AUD 600,000 to the Miracle Babies Foundation to support the families of premature babies. Moreover, most people in developed countries prefer home care. This has surged the adoption of pregnancy monitoring systems as they are more beneficial than traditional devices.

The COVID-19 pandemic had a major impact on the market. Preterm infants with conditions that require long-term hospitalization are susceptible to nosocomial (hospital) infections. As such, the availability of neonatal equipment in healthcare facilities has been unpleasantly affected by the COVID-19 outbreak. Due to the fear of infection among infants, hospitals, gynecological clinics, and infant care centers were shunned during the pandemic period. Thus, the pandemic had a destructive impact on the growth of the market in short term. However, the market is expected to witness lucrative growth in the coming years.

Request a free sample copy or view report summary: Fetal And Neonatal Care Equipment Market Report

Fetal And Neonatal Care Equipment Market Report Highlights

• By product, fetal care equipment accounted for the largest share in 2021. The neonatal care equipment segment is expected to grow at a rapid rate during the forecast period

• Increasing complications during birth, an increasing number of separate facilities for newborn care, and technological advancements are propelling market growth. For instance, in February 2019, the University of Chicago Medicine launched the Fetal and Neonatal Care Center (FNCC). The center offers one-stop access to various specialists

• North America held the largest revenue share in 2021 due to the high awareness about infant healthcare along with a large number of NICU admissions

• The Asia Pacific region is projected to grow at the highest rate during the forecast period owing to aspects such as the high birth rate in some Asian countries such as India and China, and rising government initiatives to decrease infant mortality

• In February 2021, GE Healthcare received regulatory approval for Panda iRes Warmer from the U.S. Food and Drug Administration

• Mergers & collaborations and product developments are the key strategies being undertaken by the market players. For instance, in June 2019, Clinical Computer Systems, Inc. entered into an agreement with Huntleigh Healthcare Limited to commercialize OBIX BeCA, a fetal monitor, in the U.S.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-fetal-labor-delivery-neonatal-care-equipment-market

Fetal And Neonatal Care Equipment Market Segmentation

Grand View Research has segmented the global fetal and neonatal care equipment market on the basis of product, end-use, and region:

Fetal & Neonatal Care Equipment Product Outlook (Revenue, USD Million, 2016 - 2030)

• Fetal Care Equipment

  • Ultrasound Devices

  • Fetal MRI Systems

  • Fetal Monitors

  • Fetal Pulse Oximeters

• Neonatal Care Equipment

  • Infant Warmers

  • Incubators

  • Convertible Warmers & Incubators

  • Phototherapy Equipment

  • Respiratory Devices

    • Neonatal Ventilators

    • Continuous Positive Airway Pressure (CPAP) devices

    • Oxygen Analyzers and Monitors

    • Resuscitators

    • Others

  • Neonatal Monitoring Devices

    • Blood Pressure Monitors

    • Cardiac Monitors

    • Pulse Oximeters

    • Capnographs

    • Integrated Monitoring Devices

  • Others

Fetal & Neonatal Care Equipment End-use Outlook (Revenue, USD Million, 2016 - 2030)

• Hospitals

• Clinics

• Others

Fetal & Neonatal Care Equipment Regional Outlook (Revenue, USD Million, 2016 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • Japan

  • China

  • India

• Latin America

  • Brazil

  • Mexico

• Middle East & Africa

  • South Africa

  • Saudi Arabia

List of Key Players in the Fetal And Neonatal Care Equipment Market

• Cardinal Health

• Drägerwerk AG & Co. KGaA

• Koninklijke Philips N.V.

• GE Healthcare

• Medtronic

• Vyaire

• BD

• Utah Medical Products, Inc.

• Natus Medical Incorporated

• Ambu A/S

• Inspiration Healthcare Group plc

• Atom Medical Corp.

• Fisher & Paykel Healthcare Limited

• Masimo

• Phoenix Medical Systems (P) 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.