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Showing posts from July, 2022

Viscosupplementation Market is expected to grow at a compound annual growth rate (CAGR) of 9.37% from 2021 to 2028.

  Viscosupplementation Industry Overview The global  viscosupplementation market  size is expected to reach USD 7.6 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 9.37% from 2021 to 2028. Initiatives to increase awareness regarding available treatment, the rising geriatric population, and product advancements are expected to boost market growth during the forecast period. With the growing geriatric population, the burden of osteoarthritis is expected to increase dramatically. As per the Arthritis Foundation, in the U.S., around 54.4 million adults are reported to be diagnosed with doctor-diagnosed arthritis.   Viscosupplementation Market Segmentation Grand View Research has segmented the global viscosupplementation market on the basis of product, end-use, and region:   Based on the Product Insights, the market is segmented into Single Injection, Three Injection, and Five Injection. The ...

Ambulatory Surgery Center Market is estimated to register a CAGR of 6.1% over the forecast period.

  Ambulatory Surgery Center Industry Overview The global  ambulatory surgery centers market  size is expected to reach USD 120.8 billion by 2026, based on a new report by Grand View Research, Inc., exhibiting a 6.1% CAGR during the forecast period. Increase in incidence of chronic diseases and rise in geriatric population have furthered the demand for ambulatory surgery centers. Furthermore, advancements in surgeries, such as endoscopy and laparoscopy, are expected to propel ASC market growth.   Ambulatory Surgery Center Market Segmentation Grand View Research has segmented the global ambulatory surgery center market by application and region:   Based on the Application Insights, the market is segmented into Ophthalmology, Orthopedics, Gastroenterology, Pain Management /Spinal Injections, Plastic Surgery, and Others. In 2018, the gastroenterology segment accounted for the largest share in the global market due to a wide presence of gastroenterology depar...

Telecom API Market Size To Witness A Pronounce Growth By 2030

  Telecom API Industry Overview The global  telecom API market  size is anticipated to reach USD 827.45 billion by 2030, expanding at a CAGR of 20.6% from 2022 to 2030, according to a study conducted by Grand View Research, Inc. Growing demand for smartphones integrated with features such as 5G, digital wallets, GPS services, and  near-field communication  (NFC), among others, is projected to drive the market growth over the forecast period. API facilitates web-based solution developers to develop applications through a single point of contact utilizing the capabilities offered by the API platform for agile application development.   Telecom API Market Segmentation Grand View Research has segmented the global telecom API market based on type, end user, and region:   Based on the Type Insights, the market is segmented into Messaging API, WebRTC API, Payment API, IVR API, Location API, and Others. In 2021, the messaging API sub-segment held the ...

Veterinary Diagnostics Market expected to expand at a CAGR of 11.2% from 2022 to 2030

  Veterinary Diagnostics Industry Overview The global  veterinary diagnostics market  size is expected to reach USD 16.9 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 11.2% from 2022 to 2030. The growing incidence of zoonotic and foodborne diseases is expected to drive the market over the forecast period. Moreover, increasing companion ownership in developing countries is another factor propelling the market. Approximately 75% of all novel and emerging human infectious ailments are zoonotic, like COVID-19, denoting that they can jump from animals to individuals. To combat COVID-19 and future pandemics, leaders from the Group of Seven in a February 2021 statement called for “affordable and equitable access to diagnostics” along with strengthening the One Health approach that unites veterinary, medical, and environmental disciplines in a cooperative effort.   Veterinary Diagnostics Market Segmen...

Medical Foods Market expected to expand at a CAGR of 5.2% from 2022 to 2030

  Medical Foods Industry Overview The global  medical foods market  size is expected to reach USD 33.5 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.2% from 2022 to 2030. Increasing incidences of chronic diseases, the rising geriatric population, and the growing burden of malnutrition are the major factors responsible for the substantial growth of the market over the years. For instance, according to a WHO report, about 149 million children under 5 were stunted and 38.9 million were obese or overweight due to undernutrition in 2020. The emerging focus of the policymakers to manage chronic disorders and nutritional deficiency is also anticipated to drive the adoption of medical foods over the years.    Medical Foods Market Segmentation Grand View Research has segmented the global medical foods market on the basis of route of administration, product, application, sales channel, and region: ...

Patient Engagement Solutions Market is expected to expand at a CAGR of 17.4% from 2022 to 2030

  Patient Engagement Solutions Industry Overview The global  patient engagement solutions market  size is expected to reach USD 70.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 17.4% from 2022 to 2030. The key factors fueling the market growth include rising digitalization across healthcare, increasing prevalence of chronic conditions, and technological advancements. The COVID-19 pandemic boosted digitalization across healthcare. This, in turn, has fueled the awareness and adoption of patient engagement solutions, thus propelling the market growth.   Patient Engagement Solutions Market Segmentation Grand View Research has segmented the global patient engagement solutions market on the basis of delivery type, component, functionality, therapeutic area, application, end user, and region:   Based on the Delivery Type Insights, the market is segmented into Web & Cloud-based and On-pr...

Pharmaceutical Packaging Market is projected to expand at the highest CAGR of 9.5% over the forecast period.

  Pharmaceutical Packaging Industry Overview The global  pharmaceutical packaging market  size is expected to reach USD 265.5 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.5% from 2021 to 2030. The increasing prevalence of chronic diseases, coupled with the growth of the pharmaceutical industry, is anticipated to augment the consumption of pharmaceutical packaging products.   Pharmaceutical Packaging Market Segmentation Grand View Research has segmented the global pharmaceutical packaging market on the basis of material, product, end use, and region:   Based on the Material Insights, the market is segmented into Plastics & Polymers, Paper & Paperboard, Glass, Aluminum Foil, and Others. Plastics and polymers held the largest revenue share of over 35.0% in 2021. Various types of plastic resins including PE, PET, PP, PVC, PS, and bioplastic are widely used for manufacturing pharmaceu...

Contact Center As A Service Market to Witness Huge Growth by 2030

  Contact Center As A Service Industry Overview The global  contact center as a service market  size is expected to reach USD 17.12 billion by 2030, registering a CAGR of 18.4% from 2022 to 2030, according to a new report by Grand View Research, Inc. The contact center as a service (CCaaS) market growth can be attributed to the rising adoption of cloud-based contact center services by enterprises to offer better flexibility and customer convenience. Many organizations are adopting Business Intelligence (BI) technology, as it provides them with a holistic view of agent performance and helps measure how they are achieving organizational goals.   Contact Center As A Service Market Segmentation Grand View Research has segmented the global contact center as a service market based on solution, service, enterprise size, end use, and region:   Based on the Solution Insights, the market is segmented into Automatic Call Distribution, Call Recording, Computer Teleph...

Aerospace Parts Manufacturing Market is expected to expand at the highest CAGR owing to the rapid growth of the aviation industry

  Aerospace Parts Manufacturing Industry Overview The global  aerospace parts manufacturing market  size is expected to reach USD 1,233.2 billion by 2030 registering a CAGR of 4.0%, according to a new report by Grand View Research, Inc. Increasing passenger and freight traffic in emerging economies is driving the demand for next-generation aircraft, which in turn is expected to boost the market growth.   Aerospace Parts Manufacturing Market Segmentation Grand View Research has segmented the global aerospace parts manufacturing market on the basis of product, end-use, and region   Based on the Product Insights, the market is segmented into Engines, Aerostructure, CabinInteriors, Equipment, System, and Support, Avionics, and Insulation Components. The insulation components segment is expected to witness significant growth during the projected period owing to their rapid replacement rate. Rising aircraft MRO activities, owing to the expanding aircraft...

Fitness App Market Will Hit Big Revenues In Future!

  Fitness App Industry Overview The global  fitness app market  size is expected to reach USD 4.8 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 17.6% from 2022 to 2030. Fitness is one of the key segments in the IT industry, which is exhibiting immense growth for the past 10 years in the U.S. This can be attributed to a range of factors, including people spending more time online, increasing awareness regarding the benefits of wearable devices, and the growing spending power of middle-income households. An increase in the usage of smartphones by people of all income groups is also contributing to a rise in the adoption of fitness apps. This has been indicated by a change in the market share trend since 2013, wherein the Asia market outperformed the North American fitness apps market. This is majorly owing to a difference in the target population, wherein adoption was reported to be high in countries...

China Stationary Lead Acid Battery Market expected to impact the demand over the forecast period

  China Stationary Lead Acid Battery Industry Overview   China stationary lead acid battery market is expected to reach USD 4.55 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for lead acid battery in uninterruptible power supply (UPS) systems as they provide high power density and enhanced life expectancy will propel market growth over the forecast period. The growth of the commercial sector including theaters, malls, and hotels & restaurants in China is expected to stimulate the product demand on account of increasing government spending and FDIs. Rising emphasis on energy security has resulted in increasing the establishment of power plant installations over the past few years, and this trend is expected to continue owing to the increasing population and improving infrastructure.   China Stationary Lead Acid Battery Market Segmentation Grand View Research has segmented the China stationary lead acid battery market on the...

Disposable Endoscopes Market expected to propel the growth over the forecast years.

  Disposable Endoscopes Industry Overview The global  disposable endoscopes market  size is expected to reach USD 7.3 billion by 2030, registering a CAGR of 17.0% over the forecast period, according to a new report by Grand View Research, Inc. The growing demand for single-use endoscopes to eliminate the risk associated with reusable endoscopic devices is one of the major factors driving the market growth. In addition, disinfecting and cleaning of reusable endoscopes and their accessories are the most critical task for physicians, and the risk of infection associated with the endoscope accessories cannot be underestimated. For instance, according to the survey on the contamination of patient-ready endoscopes from three hospitals, published in the American Journal of Infection Control in 2018, told that microbial growth was found in 71% of the reusable endoscopes.   Disposable Endoscopes Market Segmentation Grand View Research has segmented the global disposable e...

Wearable Medical Device Market expected to expand at a CAGR of 28.1% from 2022 to 2030

  Wearable Medical Device Industry Overview The global wearable medical device market size is expected to reach USD 196.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 28.1% from 2022 to 2030. Rising demand for hi-tech products and continuous health monitoring is fueling the market growth.   Wearable Medical Devices Market Segmentation Grand View Research has segmented the global wearable medical devices market based on product, site, application, and region:   Based on the Product Insights, the market is segmented into Diagnostic Devices and Therapeutic Devices. The diagnostic devices segment dominated the market and accounted for the largest revenue share of 62.2% in 2021. Among diagnostic, the neuromonitoring devices segment was the largest in 2021. The growing prevalence of neurological disorders is the prime factor affecting segment growth. The therapeutic device segment is anticipated ...

U.S. IVD & LDT For Autoimmune Diseases Market Size And Forecast Research Report To 2024

  U.S. IVD & LDT For Autoimmune Diseases Industry Overview The U.S. IVD for autoimmune diseases market was valued at USD 4.0 billion in 2015 and is expected to reach a value of USD 4.74 billion by 2024. The U.S. Laboratory Developed Test (LDT) for autoimmune diseases was valued at USD 830.9 million in 2015. The high prevalence of autoimmune disorders, growing awareness about these ailments, growing demand for technologically developed & high performance products, and high investments in research are the driving factors for the expanding growth of the market.   These health problems are second leading cause of chronic illness in the U.S. and are amongst the leading causes of deaths in the U.S. women. They have an adverse impact on the work productivity and the quality of life of patients and form an economic burden greatly affecting the healthcare spending in the U.S. The National Institute of Health estimates the direct healthcare costs associated with these disorde...

Amino Acids Market will witness significant rise at a CAGR of 7.5% to 2024

  China Stationary Lead Acid Battery Industry Overview   China stationary lead acid battery market is expected to reach USD 4.55 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for lead acid battery in uninterruptible power supply (UPS) systems as they provide high power density and enhanced life expectancy will propel market growth over the forecast period. The growth of the commercial sector including theaters, malls, and hotels & restaurants in China is expected to stimulate the product demand on account of increasing government spending and FDIs. Rising emphasis on energy security has resulted in increasing the establishment of power plant installations over the past few years, and this trend is expected to continue owing to the increasing population and improving infrastructure.   China Stationary Lead Acid Battery Market Segmentation Grand View Research has segmented the China stationary lead acid battery market on the...

Disposable Gloves Market Expected to Grow at CAGR 5.8% from 2022 to 2030

  Disposable Gloves Industry Overview The global disposable gloves market size is expected to reach USD 16.12 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.8% from 2022 to 2030. The high prevalence of the COVID-19 pandemic, particularly in North America and Asia Pacific, is projected to augment the demand for disposable gloves. The COVID-19 pandemic had boosted the demand for disposable gloves, which strained the supply chain, thus creating a shortage in the market. Furthermore, disposable glove manufacturers are expanding their production capacities to meet the growing demand, thereby improving the global supply chain over the past few months.   Disposable Gloves Market Segmentation Grand View Research has segmented the global disposable gloves market on the basis of material, product, end use, and region   Based on the Material Insights, the market is segmented into Natural Rubber, Nitrile, Vinyl, ...

Surgical Robots Market Segmentation and Major Players Analysis and Forecast to 2030

  Surgical Robots Industry Overview The global surgical robots market size is expected to reach USD 18.2 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 19.3% from 2022 to 2030. Growing adoption of automated minimally invasive surgery and increasing awareness to use robotic procedures due to the potential benefits provided by these surgeries are the factors positively contributing to the growth of the market. Moreover, the increasing penetration of international players in various geographies is expected to boost the market growth over the forecast years.   Surgical Robots Market Segmentation Grand View Research has segmented the global surgical robots market on the basis of application, and region:   Based on the Application Insights, the market is segmented into Orthopedics, Neurology , Urology, Gynecology, and Others. The others segment dominated the market in 2021 with a revenue share of over 30.0...

Ethylene Propylene Diene Monomer Market Synopsis and Highlights, Key Findings, Major Companies Analysis and Forecast to 2030

  Ethylene Propylene Diene Monomer Industry Overview The global ethylene propylene diene monomer market size is expected to reach USD 9.0 billion by 2030, according to a new study by Grand View Research, Inc. It is expected to expand at a CAGR of 6.5% from 2022 to 2030. The market is anticipated to be driven by growth in research & development investments as well as demand for bio-based products. Moreover, rising demand for ethylene propylene diene monomer (EPDM) across the Asia Pacific region owing to the increasing end-use industries such as automotive, construction, and manufacturing, particularly in India, China, and other Southeast countries is propelling the market growth.   Ethylene Propylene Diene Monomer Market Segmentation Grand View Research has segmented the global ethylene propylene diene monomer market on the basis of application and region:   Based on the Application Insights, the market is segmented into Building & Construction, Wires & ...

Leak Detection And Repair Market Production, Share, Demand, Applications and Opportunities by 2030

  Leak Detection And Repair Industry Overview The global leak detection and repair market size is expected to reach USD 27.89 billion by 2030, growing at a CAGR of 4.4% over the forecast period, according to a new report by Grand View Research, Inc. The market growth can be attributed to the increasing demand for oil and oil products across Asia Pacific, North America, Europe, and MEA regions. According to IEA, oil demand in the Asia Pacific is expected to reach 9 million barrels per day by 2040. Various government bodies are encouraging the use of advanced leak detection and repair (LDAR) systems, which is creating new opportunities for market growth. For instance, in December 2020, the Protecting Our Infrastructure of Pipelines and Enhancing Safety Act was signed into law in the U.S. This act directs gas pipeline operators to use enhanced leak detection technologies to ensure the safety of pipelines and the environment.   Leak Detection And Repair Market Segmentation Gr...