Europe Pharmaceutical Packaging Materials Market Worth $ 9.91 Billion By 2025

The Europe pharmaceutical packaging materials market size is anticipated to reach USD 9.91 billion by 2025, expanding at a CAGR of 7.7% during the forecast period, according to a new report by Grand View Research, Inc. Technological advancements are projected to positively impact the demand. The quality of packaging facilitates easy handling safety of the pharmaceuticals, especially during storage and transportation. Rising environmental awareness and stringent regulatory framework are other factors anticipated to create growth opportunities in near future.

Growth of the Europe market is likely to be driven by the increasing consumption of medicines owing to the rise in the aging population, mainly in countries, such as Italy, Germany, and others. Factors such as regulatory interventions to reduce plastic waste and an increase in the usability of pharmaceutical packaging have driven manufacturers toward adopting bioplastics and recycled plastic materials from waste as a substitute for virgin plastic.

The market is expected to witness a growth of 7.7% over the forecast period, owing to rising product demand from various from various application such as plastic bottles, blister packs, labels and accessories, caps and closures, medical specialty bags, and others. Rising demand for plastic bottles and blister packs is significantly driving the regional market growth.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/europe-pharmaceutical-packaging-materials-market

Further key findings from the repot suggest:

• Polypropylene was the largest product segment in the Europe pharmaceutical packaging material market and accounted for a revenue share of 26.74% in 2018
• Polypropylene emerged as the fastest growing product segment in Europe on account of the chemical properties of the product, such as resistance to chemical solvents, acids, and bases along with excellent mechanical strength
• Pre-filled syringes application segment accounted for a market share of 12.51% in terms of revenue, in 2018 and is projected to expand at the highest CAGR over forecast period
• Stringent environmental rules and regulations and focus on indoor air quality is anticipated to drive the HDPE and PET product segment
• Key players include Eastman Chemical Company, Covestro AG, Dow, LyondellBasell Industries Holdings B.V., Sumitomo Chemical Co., Ltd., Arkema, Solvay S.A., Mitsubishi Chemical Europe GmbH, Exxon Mobil Corporation, and Formosa Plastics Corporation

Grand View Research has segmented the Europe pharmaceutical packaging materials market on the basis of product, application, and country:

Europe Pharmaceutical Packaging Materials Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014–2025)

• High-Density Polyethylene (HDPE)
• Low-Density Polyethylene (LDPE)
• Polyester (PE)
• Polypropylene (PP)
• Polyvinyl Chloride (PVC)
• Polyethylene Terephthalate (PET)

Europe Pharmaceutical Packaging Materials Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014–2025)

• Plastic Bottles
• Blister Packs
• Label & Accessories
• Caps & Closures
• Medical Specialty Bags
• Pre-Filled Syringes
• Ampoules
• Jars & Canisters
• Others

Europe Pharmaceutical Packaging Materials Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014–2025)

• Europe
• Germany
• France
• U.K.
• Italy
• Russia

Pet Food Packaging Market Worth $16.50 Billion By 2025 | CAGR: 5.4%

 The global pet food packaging market size is projected to reach USD 16.50 billion by 2025, expanding at a CAGR of 5.4%, according to a new report by Grand View Research, Inc. Pet food packaging is becoming increasingly popular among pet food manufacturing companies focusing on capturing brand loyalty.

The industry has evolved over the years with both international and domestic packaging suppliers looking to offer scientifically advanced and developed materials/ products to their clients. The upshot of offering packaging solutions, however, remains to protect the aroma, freshness, flavor, and shape of packaged products.

The industry is likely to witness high penetration in the cat food packaging space. The number of cat owners across the globe has considerably risen over the years. This, in turn, has been fueling the demand for effective packaging products, most notably in the wet cat food segment. Despite the dominance of the dog food packaging segment in the overall market, the cat (animal type) segment is expected to witness high growth in North America and Europe over the forecast period.

Rising popularity of super-premium packaging and increasing export of pet food products are some of the key driving factors in the industry. The demand for super-premium packaging is attributable to the focus of pet food brands on product differentiation. Super-premium food is being increasingly preferred by consumers across the globe owing to rising awareness regarding the health of pets.

Bags & pouches is likely to exhibit robust growth over the forecast period. These products are being increasingly preferred for their ease of use and functionality. From a manufacturing and marketing standpoint, these products, specifically stand-up pouches, enhance the appeal of products at retail shelves in comparison with their metal-based counterparts. The production of bags & pouches also helps manufacturers achieve economies of scale.

North America dominated the industry in 2018 with a share of over 37%. This region is forecast to retain its pole position throughout the forecast period. The U.S. was observed to be the largest market for pet food packaging in this region. The presence of various internationally reputed packaging suppliers has further strengthened the North American market.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/pet-food-packaging-market

Further key findings from the report suggest:

• In terms of material, plastic segment is expected to grow at the fastest rate over the forecast period owing to rising popularity of pouches and bags in the pet food industry
• Cans emerged as the largest type segment in 2018. Cans are predominantly used to package cat food products
• In terms of animal type, the cat segment is grow at the fastest CAGR of 5.7% over the forecast period. Rising adoption of cats in countries such as Japan is expected to boost the demand for cat food packaging in the foreseeable future
• North America is expected to retain its pole position in the industry throughout the forecast period. The presence of prominent manufacturers in this region is likely to strengthen the position of the North American pet food packaging market
• Research & development activities are likely to surface in the industry over the forecast period with prominent market players keen on global expansion
• The competitive landscape of the industry represents intense rivalry among domestic and international players. Product differentiation is expected to remain one of the key strategies among these players over the forecast period

Grand View Research has segmented the global pet food Packaging market on the basis of material, product, animal type, and application.

Pet Food Packaging Material Outlook (Revenue, USD Million; 2014–2025)

• Paper & Paperboard
• Plastic
• Metal
• Others

Pet Food Packaging Product Outlook (Revenue, USD Million; 2014–2025)

• Cans
• Bags & Pouches
• Folding Cartons
• Plastic Bottles & Jars
• Others

Pet Food Packaging Animal Type Outlook (Revenue, USD Million; 2014–2025)

• Dog
• Cat
• Fish
• Others

Pet Food Packaging Application Outlook (Revenue, USD Million; 2014–2025)

• Dry Food
• Wet Food
• Pet Treats
• Frozen Food

Carmine Market Size Worth $26.0 Million By 2025 | CAGR: 5.8%

 The global carmine market size is expected to reach USD 26.0 million by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a 5.8% CAGR in terms of revenue over the forecast period. Increasing demand from food and beverage industry owing to its unique red color is the primary market driver. Unavailability of substitutes is expected to drive product demand in the forthcoming years.

Rising consumer awareness regarding harmful effects of synthetic food colors has resulted in increasing demand for carmine in bakery and confectionery products. In addition, use of natural colors as substitutes to synthetic red in novel beverages is expected to drive market growth over the forecast period.

Growth of food and beverage industry in developing economies, in light of increased domestic consumption, is anticipated to be a major factor driving the carmine market. Rising preference for natural food colors owing to their health benefits is expected to drive product demand from food and beverage manufacturers over the next eight years.

Factors such as raw material supply, price, and consumer demand, and regulatory trends widely influence the market for carmine. The insect harvesting process used for the production of carmine is laborious and requires a span of minimum three months. This results in tight raw material supply. As a result, the bargaining power of suppliers is high in the industry.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/carmine-market

Further key findings from the report suggest:

• Bakery and confectionery accounted for around 22.7% of revenue share in 2017 owing to increasing usage in production of pastries, cupcakes, muffins, specialty baked goods, and candies
• Carmine in meat products is expected to witness a 4.1% CAGR from 2018 to 2025 in terms of revenue owing to development of new formulations with improved heat stability useful in meat preparations at high temperatures
• Europe accounted for a significant revenue share of carmine market in 2017 on account of demand from producers of novel beverages such as juices, health drinks, and dairy and frozen products including ice creams and yogurts
• U.S. is expected to expand at a steady CAGR in terms of revenue owing to rising adoption in ready-to-eat foods with presence of major players such as Nestle, Kellogg’s, H.J Heinz, and ConAgra
• Companies catering to the international market distribute carmine through dedicated direct, indirect, and online distribution channels. Raw material suppliers play a major role in enabling availability of cochineal bugs as production is concentrated in Peru.

Grand View Research has segmented the global carmine market report on the basis of application and region:

Carmine Application Outlook (Volume, Tons; Revenue, USD Thousand, 2014–2025)

• Bakery & Confectionery
• Beverages
• Dairy & Frozen Products
• Meat Products
• Oil & Fat
• Fruits & Vegetables
• Other Food Products

Sugar Substitutes Market Worth $19.1 Billion By 2024 | CAGR 4.2%

 The global sugar substitutes market size is expected to reach USD 19.1 billion by 2024, according to a new report by Grand View Research, Inc., posting a CAGR of 4.2% during the forecast period. Growing awareness and rising consumer inclination towards low-caloric food and beverages, especially in developing countries are likely to help the market gain significant momentum over the forecast period.

Sugar substitutes are majorly used in the form of sorbitol, tagatose, and aspartame saccharine in the healthcare, cosmetics, and food & beverage industry. Increasing importance of artificial sweeteners in the formulation of confectioneries, bakery, dairy, and frozen foods is estimated to work in favor of the market.

The food segment is expected to achieve the fastest growth over the forecast period, owing to increasing awareness and changing consumer patterns for low-calorie food products. The major market players in the food industry are focused on the development of superior quality products at economical pricing. The above trends are expected to propel demand for sugar substitutes over the forecast period.

Rising prevalence of health problems related to sugar consumption in emerging economies is stimulating the growth of the overall market. Fluctuating supply and pricing of sugar is expected to create opportunities for sugar substitutes.

Sugar substitutes are used in various applications including bakery, confectionery, dairy, frozen foods, beverages, pharmaceuticals, and personal care. Rising health awareness among population and ongoing technological advancements are among the key factors anticipated to trigger the growth of the market.

However, stringent regulatory framework for the production of sugar substitute products and notion among common masses that consumption of sugar substitutes triggers health problems are projected to keep the market from realizing the utmost potential during the forecast period.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/sugar-substitutes-market

Further Key Findings from the Report Suggest:

• In terms of revenue, the high intensity sweeteners segment is anticipated to reach USD 8.7 billion by 2024, maintain its dominance throughout the forecast period
• In terms of revenue, the low intensity sweeteners segment is projected to expand at a CAGR of 5.1% over the forecast period
• The beverages application segment dominated the market with a share of 43.5% in 2015
• The North America sugar substitutes market is anticipated to exceed 6,891.5 thousand tons by 2024
• Asia Pacific is projected to witness a remarkable growth rate of 7.0% over the forecast period. Key markets in Asia-Pacific include China, India, Japan, and South Korea.
• Some of the key companies present in the market are Tate & Lyle.; Cargill; Incorporated; Archer Daniels Midland Company; Ingredion Incorporated; Roquette; Ajinomoto Co.; Inc.; JK Sucralose Inc.; PureCircle; The NutraSweet Company; and E. I. DuPont De Nemours.

Grand View Research has segmented the global sugar substitutes market report on the basis of product, application, and region:

Sugar Substitutes Product Outlook (Volume, Thousand Tons; Revenue, USD Million, 2013–2024)

• High intensity sweeteners
• Low intensity sweeteners
• High fructose syrup

Sugar Substitutes Application Outlook (Volume, Thousand Tons; Revenue, USD Million, 2013–2024)

• Food
• Beverages
• Others

Nuclear Decommissioning Services Market Worth $8.90 Billion By 2025

 The global nuclear decommissioning services market size is expected to be valued at USD 8.90 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 6.8% CAGR during the forecast period. Global nuclear phase-out and rising support from governments post nuclear accidents are among major factors expected to fuel market growth over the years to come.

Rise in public safety concerns due to hazardous consequences of nuclear accidents is set to actuate market demand over the coming years. In addition, increasing sustainability concerns are likely to positively impact market growth. The transitioning trend toward renewable energy thanks to various government initiatives and regulations is also projected to promote nuclear decommissioning services over the forecast period.

With extensive research and development underway, various novel decommissioning technologies to enable the efficient dismantling of nuclear facilities have been developed. Furthermore, in order to enable sustainable development, government authorities are providing various incentives and support schemes for the efficient dismantling of nuclear plants.

Based on reactor type, pressurized water reactors (PWR) grabbed the maximum share in the global market in 2016 and this trend is expected to continue over the forecast period. Increasing demand for PWRs due to their ease of operation and stability will also allow the segment to register a strong growth rate from 2017 to 2025. On the basis of the decommissioning strategy, immediate dismantling is expected to account for the largest share in the market by 2025.

Europe has emerged as the leading region owing to the increasing shut down of nuclear facilities in various countries such as Germany, the U.K., France, and Lithuania. Presence of stringent government regulations in Europe to regulate dismantling processes is anticipated to propel market growth. Technological advancements and government support to phase out nuclear plants are likely to fuel the market in North America. Countries like the U.S., Germany, Japan, and South Korea are rapidly developing markets for nuclear decommissioning services.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/nuclear-decommissioning-services-market

Further key findings from the report suggest:

• The market is likely to register a CAGR of 6.8%, in terms of value, from 2017 to 2025 on account of growing environmental concerns and promotion of renewable energy as against conventional sources of energy.
• By type of reactor, the PWR segment is expected to exhibit the highest CAGR from 2017 to 2025 owing to high preference for these reactors
• Europe was valued at USD 2.29 billion in 2016 and is expected to witness significant nuclear decommissioning in the future, with Germany and the U.K. as major markets
• Key market players include Orano Group; Babcock International Group PLC; Westinghouse Electric Company LLC; AECOM Group; Studsvik AB; Bechtel Group Inc.; GE Hitachi Nuclear Energy; and Magnox Ltd. These companies mainly focus on innovation to improve service quality and meet global demand.

Grand View Research has segmented the global nuclear decommissioning services market on the basis of reactor type, strategy, and region:

Nuclear Decommissioning Services Reactor Type Outlook (Revenue, USD Million, 2014–2025)

• Pressurized Water Reactor (PWR)
• Boiling Water Reactor (BWR)
• Pressurized Heavy Water Reactor (PHWR)
• Gas Cooled Reactor (GCR)
• Others

Nuclear Decommissioning Services Strategy Outlook (Revenue, USD Million, 2014–2025)

• Immediate Dismantling
• Deferred Dismantling
• Entombment

Glass Bonding Adhesives Market Size Worth $4.42 Billion By 2025

 The global glass bonding adhesives market is expected to reach USD 4.42 billion by 2025, at a registered CAGR of 7.2%, according to a report by Grand View Research, Inc. Central & South America is estimated to witness high industry growth by 2025. The electronics & appliances and medical device applications are estimated to offer key opportunities for the industry growth.

UV curing, urethane, acrylics, and silicone are primarily utilized as bonding agents in various electronics & appliance products owing to their significant thermal barrier properties. Camera lens, computer screens, mobile displays, liquid crystal displays (LCD), LED display lamps, flat panel displays, and other electronic products require bonding agents for the adhesion of glass sheets with other composite and metal substrates.

Master Bond LLC offers LED curable glues for the efficient bonding of tinted or UV blocked glass substrates. The products are characterized by their outstanding light transmission properties, consistent process control, low energy consumption, and uniform intensity output.

Electronics & appliances is estimated to offer lucrative opportunities in the industry over the forecast period, especially in Asia Pacific. The presence of major electronic components, as well as appliance manufacturers in the region, is estimated to enhance the product assembly activities, thus promoting the use of superior glass bonding glue over the years ahead.

To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/glass-bonding-adhesives-market

Further key findings from the report suggest:

• In terms of revenue, electronics & appliances application in the glass glues industry is expected to rise at an estimated CAGR of 7.7% over the forecast period. This application segment constituted a revenue share of 12.7% in 2016.
• The rising use of nanotechnology for improving the light curing process technologies of glass glues is expected to be a key technological trend in the next couple of years
• SW Products Ltd., a UK-based adhesives provider offers Nano470 High Strength Adhesive. The product facilitates superior adhesion of glass to glass and to metal substrates. Nano470 can be cured by using a white fluorescent light and does not require UV light.
• In June 2017, DELO developed DELO PHOTOBOND GB4033, a new light-curing acrylate adhesive for applications in the consumer electronics sector. The product exhibits outstanding peel resistance against glass & plastic substrates and good sealing properties against humidity, moisture, and dust.
• In terms of revenue, the industry growth in Germany is estimated to expand at a predicted CAGR of 6.2% over the forecast period
• In March 2017, H.B. Fuller established a new regional office in Dubai, UAE, to cater to the rising demand for adhesives and sealants in the Middle East, Egypt, Germany, and India

Grand View Research has segmented the global glass bonding adhesives market on the basis of product, application, and region:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014–2025)

• UV Cured
• Polyurethane
• Acrylic
• Silicone
• Others

Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014–2025)

• Construction
• Furniture
• Automotive & Transportation
• Electronics & Appliances
• Consumer Goods
• Medical Devices
• Others

Glass Bonding Adhesives Market Size Worth $4.42 Billion By 2025

 The global glass bonding adhesives market is expected to reach USD 4.42 billion by 2025, at a registered CAGR of 7.2%, according to a report by Grand View Research, Inc. Central & South America is estimated to witness high industry growth by 2025. The electronics & appliances and medical device applications are estimated to offer key opportunities for the industry growth.

UV curing, urethane, acrylics, and silicone are primarily utilized as bonding agents in various electronics & appliance products owing to their significant thermal barrier properties. Camera lens, computer screens, mobile displays, liquid crystal displays (LCD), LED display lamps, flat panel displays, and other electronic products require bonding agents for the adhesion of glass sheets with other composite and metal substrates.

Master Bond LLC offers LED curable glues for the efficient bonding of tinted or UV blocked glass substrates. The products are characterized by their outstanding light transmission properties, consistent process control, low energy consumption, and uniform intensity output.

Electronics & appliances is estimated to offer lucrative opportunities in the industry over the forecast period, especially in Asia Pacific. The presence of major electronic components, as well as appliance manufacturers in the region, is estimated to enhance the product assembly activities, thus promoting the use of superior glass bonding glue over the years ahead.

To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/glass-bonding-adhesives-market

Further key findings from the report suggest:

• In terms of revenue, electronics & appliances application in the glass glues industry is expected to rise at an estimated CAGR of 7.7% over the forecast period. This application segment constituted a revenue share of 12.7% in 2016.
• The rising use of nanotechnology for improving the light curing process technologies of glass glues is expected to be a key technological trend in the next couple of years
• SW Products Ltd., a UK-based adhesives provider offers Nano470 High Strength Adhesive. The product facilitates superior adhesion of glass to glass and to metal substrates. Nano470 can be cured by using a white fluorescent light and does not require UV light.
• In June 2017, DELO developed DELO PHOTOBOND GB4033, a new light-curing acrylate adhesive for applications in the consumer electronics sector. The product exhibits outstanding peel resistance against glass & plastic substrates and good sealing properties against humidity, moisture, and dust.
• In terms of revenue, the industry growth in Germany is estimated to expand at a predicted CAGR of 6.2% over the forecast period
• In March 2017, H.B. Fuller established a new regional office in Dubai, UAE, to cater to the rising demand for adhesives and sealants in the Middle East, Egypt, Germany, and India

Grand View Research has segmented the global glass bonding adhesives market on the basis of product, application, and region:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014–2025)

• UV Cured
• Polyurethane
• Acrylic
• Silicone
• Others

Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014–2025)

• Construction
• Furniture
• Automotive & Transportation
• Electronics & Appliances
• Consumer Goods
• Medical Devices
• Others

Microgrid Market Size Worth $17.51 Billion By 2025 | CAGR: 17.0%

 The global microgrid market is expected to reach USD 17.51 billion by 2025, growing at a CAGR of 17.0%, according to a new report by Grand View Research, Inc. The improvement in manufacturing sectors of emerging markets including Mexico, China, and India as a result of favorable government policies to attract investments is expected to promote market growth.

Microgrid differs from conventional electrical distribution systems as it acts as a close proximity medium between the power generation and power consumption sources which results in increasing efficiency and reducing transmission losses. These systems perform dynamic control over energy sources by enabling autonomous as well as automatic self-healing operations.

The rising importance of captive electricity generation as a key alternative to the regulated power supply by municipal regulators in mining and mechanical engineering sectors is expected to have a strong impact. Furthermore, the rising production output of unconventional sources including shale gas in the U.S. and Canada as a result of high utilization of fracking technology is expected to ensure access of natural gas as a power source over the next eight years.

To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/microgrid-market

Further key findings from the report suggest:

• The global microgrid demand was stood at 1.48 GW in 2016 and is projected to reach 6.54 GW by the end of 2025, expanding at a CAGR of 16.3% from 2017 to 2025.
• Remote microgrid market demand was 568.2 MW in 2016. The segment is expected to foresee tremendous gains owing to the upcoming installation of new projects in Arctic circle, Russia
• Natural gas is expected to witness revenue growth at a CAGR of 18.1% from 2017 to 2025. The governments of Russia and Syria signed Russia-Syria Offshore Gas Deal which is aimed for the exploration and production of natural gas in the Syrian Coast. The abovementioned favorable trends in the natural gas industry of Russia is expected to open new markets.
• The utility is projected to account for 9.6% of global volume share by the end of 2025 as a result of increasing power demand amid the inclusion of new HVAC and heavy load machinery in the manufacturing sector
• North America is expected to account for 71.4% of global revenue by the end of 2025. The increasing number of new solar PV microgrids for utility in the Northeast and West regions of the U.S. is expected to have a positive impact.
• Key vendors include Siemens AG, Exelon, GE, Lockheed Martin Corporation, Lockheed Martin Corporation, ABB Group, Power Analytics, Toshiba Corporation, Honeywell International Inc, ZBB Energy Corporation, Echelon Corporation, and Schneider Electric. In November 2016, Exelon launched five new microgrids at USD 250 million through the assistance with Anarbic. This launch is anticipated to play a crucial role in increasing the market share of Exelon in the global industry over the next eight years.

Grand View Research has segmented the global microgrid market on the basis of power source, product, application, and region:

Microgrid Power Source Outlook (Volume, MW; Revenue, USD Million; 2014–2025)

• Natural Gas
• CHP
• Solar PV
• Diesel
• Fuel Cell
• Others

Microgrid Product Outlook (Volume, MW; Revenue, USD Million; 2014–2025)

• Remote
• Grid-connected
• Hybrid

Microgrid Application Outlook (Volume, MW; Revenue, USD Million; 2014–2025)

• Government
• Education
• Commercial
• Utility
• Defense
• Others

Arachidonic Acid Market Worth $281.0 Million By 2025 | CAGR: 5.8%

 

Arachidonic Acid Market Growth & Trends

The global arachidonic acid market size is expected to reach USD 281.0 million by 2025 expanding at a CAGR of 5.8%, according to a new report by Grand View Research, Inc. Increasing product usage in baby food and health supplements is anticipated to drive the market growth. The infant formula segment is expected to witness a significant growth on account of increasing product usage in baby nutrition products. The need for appropriate amount of minerals, such as ARA and DHA, is creating more demand for ARA-based infant formula, which is likely to boost the segment growth over the coming years.

Moreover, increasing awareness regarding product benefits, as a result of various marketing activities undertaken by major companies, is likely to have a positive impact on the market growth. Increasing cases of ARA deficiency necessitates the need of a separate intake in the form of tablets, syrups, or injections. Rising awareness levels regarding the importance of maintaining the nutritive value are also likely to contribute to the global market growth.

Request a free sample copy or view report summary: 
Arachidonic Acid Market Report

Arachidonic Acid Market Report Highlights

• The global market is anticipated to reach 4.26 kilotons by 2025 expanding at a CAGR of 4.7% from 2018 to 2025
• In terms of revenue, solvent form segment is projected to register a CAGR of 5.6% over the forecast period
• The infant formula application segment led the global Arachidonic Acid (ARA) market in 2017
• Europe regional market is projected to witness a remarkable growth over the estimated period due to the rising health consciousness and awareness about ARA-based products
• Some of the key companies in the market are Cargill, Inc.; CABIO Biotech (Wuhan) Co. Ltd.; Cayman Chemical Company; Guangdong Runke Bioengineering Co. Ltd.; Koninklijke DSM N.V.; The Merck Group; and A & Z Food Additives Co. Ltd.

Arachidonic Acid Market Segmentation

Grand View Research has segmented the global arachidonic acid (ARA) market on the basis of form, application, and region:

ARA Form Outlook (Volume, Tons; Revenue, USD Million, 2014–2025)

• Solid
• Solvent

ARA Application Outlook (Volume, Tons; Revenue, USD Million, 2014–2025)

• Infant Formula
• Supplement

Commercial Seed Market Worth $92.32 Billion By 2025 | CAGR: 8.1%

 The global commercial seed market size is anticipated to reach USD 92.32 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 8.1% over the forecast period. The increasing demand for food owing to rising global population is a significant factor driving the market. Moreover, the high yield and cost-effectiveness offered by Genetically Modified (GM) seeds are predicted to propel the product demand.

Reducing area of arable land owing to urbanization, desertification, and overall deterioration of soil quality. As a result, there is a significant need to increase the yield of the crops that are cultivated in the available land. Moreover, there are regions that face significant challenges in agricultural production owing to increasingly limited access to water resources. These factors are expected to boost adoption of highly efficient GM seeds.

The product guarantees a production, perfectly adapted to new industrial requirements, such as resistance to diseases and insects, shorter production cycles, simultaneous maturity, and homogeneity in production. The potential to replace farm seeds with commercial seeds remains significant in several countries like U.S., where agriculture is in the process of being modernized, and for certain crops in particular, such as wheat.

The commercial seed market is consolidated with top players accounting for significant market share. These players include Monsanto, Syngenta, DowDuPont, and Vilmorin & Cie. Acquisitions and launch of new facilities are the key strategies adopted by these companies. For instance, in February 2018, Syngenta completed the acquisition of Nidera seeds to gain competitive advantage and to increase market share.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/commercial-seeds-market

Further key findings from the report suggest:

• Maize is anticipated to be the fastest growing product segment with a CAGR of 9.1% during the forecast period owing to its extensive utilization of the product as animal feed coupled with growing protein consumption in emerging regions
• Soybean was estimated to account for a 19.6% revenue share of the commercial seed market in 2017 on account of significant consumption of soybean as oil and animal feed
• In the category of genetically modified seeds, cotton is estimated to register the fastest CAGR of 9.8% due to high yield provided by Bt cotton coupled with low utilization of insecticides required in its production
• Asia Pacific is predicted to expand at the fastest CAGR during the forecast period on account of the increasing requirement of higher yield on the available arable land
• In February 2018, Syngenta acquired Nidera Seeds, a South American seeds manufacturer from COFCO International. This acquisition is expected to enhance Syngenta’s ability to be competitive in the industry and bring more value to its customers.

Grand View Research has segmented the global commercial seed market on the basis of product, genetically modified seed product, and region:

Commercial Seed Product Outlook (Revenue, USD Billion, 2014–2025)

• Maize (Corn)
• Soybean
• Vegetable
• Cereals
• Cotton
• Rice
• Canola (Rapeseed)
• Others

Commercial Seed Genetically Modified Seeds Product Outlook (Revenue, USD Billion, 2014–2025)

• Soybean
• Maize (Corn)
• Cotton
• Canola (Rapeseed)
• Others

Commercial Seed Regional Outlook (Revenue, USD Billion, 2014–2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Rest of the World

Liquid Handling Technology Market Size Worth $5.54 Billion By 2025

 

Liquid Handling Technology Market Growth & Trends

The global liquid handling technology market is expected to reach USD 5.54 billion by 2025, according to a new report by Grand View Research, Inc. Major pharmaceutical and biopharmaceutical companies are rapidly integrating robotic solutions including automated liquid handling workstations to enhance their workflows, which in turn, is expected to drive the market growth in the coming years.

The investment by pharmaceutical companies in global drug development continues to increase. Clinical trials for the robust drug pipelines of these companies is projected to further increase the investments in R&D. These pharma players are competing to sustain the growing competition in the pharmaceutical industry. As a result, companies are more focused on eliminating errors, reducing processing steps, and fulfilling standard regulatory conditions to accelerate their workflows. As advanced liquid handling platforms provide all these benefits, demand for automated liquid handling workstations is expected to increase significantly during the forecast period.

Technology advancements in liquid handling solutions has led to the development of liquid handling systems that perform serial dilution, plate replication, PCR set-up, plate reformatting, and high-throughput screening more efficiently. Emerging fields such as genetics, epigenetics, and single cell analysis are identified with high potential applications in drug discovery, cancer research, and molecular diagnostics. Rising research activities in aforementioned domains are expected to foster advancements in this market.

Request a free sample copy or view report summary:
Liquid Handling Technology Market Report

Liquid Handling Technology Market Report Highlights

• Consumables accounted for the largest revenue share in 2017 owing to the high volume sales and higher market penetration
• However, the entry of third-party manufacturers which provide plastic consumables such as disposable tips, compatible with automated systems at a lower cost is expected to hinder the growth of this segment to a certain extent in the coming years
• Automated workstations are expected to grow at fastest pace owing to the continuous increase in complicated research projects that require sophisticated instruments
• Growing trend of outsourcing pharmaceutical services to save time and resources is expected to boost the adoption of these solution in CROs
• Rapid adoption of advanced genetic technologies, the high cost of hiring skilled professionals, and presence of key players are some key factors that are attributive to the largest share of North America in 2017
• However, Asia Pacific is expected to witness the fastest growth over the forecast period owing to the rising interest of global companies and research communities in emerging economies of this region
• Substantial economic developments in these countries has resulted into rise in investments in life science, medicine, and pharmaceutical sectors
• Progress in these sectors is anticipated to propel the demand automated technology at various levels from low-to-high throughput applications in the Asian market
• Some key players operating in this market include Beckman Coulter, Inc., Agilent Technologies, Eppendorf AG, Hamilton Company,
• These players are involved in the development of novel technology platforms to support the changing liquid handling needs of various end users.

Liquid Handling Technology Market Segmentation

Grand View Research has segmented the global liquid handling technology market report on the basis of product, type, application, end user, and region:

Product Outlook (Revenue, USD Million; 2014–2025)

• Automated Workstations
• Standalone Workstations
• Integrated Workstations
• Small Devices
• Pipettes
• Electronic Pipettes
• Manual Pipettes
• Pipette Controllers
• Burettes
• Dispensers
• Others
• Consumables
• Regents
• Disposable Tips
• Tubes & Plates
• Others

Type Outlook (Revenue, USD Million; 2014–2025)

• Automated Liquid Handling
• Manual Liquid Handling
• Semi-Automated Liquid Handling

Application Outlook (Revenue, USD Million; 2014–2025)

• Drug Discovery & ADME-Tox Research
• Cancer & Genomic Research
• Bioprocessing/Biotechnology
• Others

End User Outlook (Revenue, USD Million; 2014–2025)

• Academic & Research Institutes
• Pharmaceutical & Biotechnology Companies
• Contract Research Organizations

Breast Lesion Localization Methods Market Worth $1.58 Billion By 2025

Breast Lesion Localization Methods Market Growth & Trends

The global breast lesion localization methods market size is expected to reach USD 1.58 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to witness a CAGR of 13.3% during the forecast period. Growing number of government and non-government reimbursement policies for the breast cancer diagnostics, biopsy, examination, and other medical procedures are estimated to increase the adoption of breast lesion localization methods. Moreover, high demand for better healthcare infrastructure and facilities due to rising prevalence of the target disease among women is expected to fuel the market growth.

It is more prevalent in women above the age of 50 years. Although it is majorly occurring in women, the male population has one in eight chances of being diagnosed with the target cancer. According to the WHO, almost 6.5% of all cancer-related deaths worldwide are caused by breast cancer. Increasing awareness level about breast cancer screening is expected to further enhance the market growth. For instance, in U.S., the Centre of Disease Control and Prevention’s National Breast and Cervical Cancer Early Detection Program (NBCCEDP) provides free access to timely breast and cervical diagnostic and screening services to the needy patients.

These screening programs include high-quality mammogram diagnosis, which involves breast X-rays, biopsies (if required), and an analytical judgment. Key companies, such as C.R. Bard, Inc.; Cianna Medical, Inc.; and Cook Medical, Inc. focus on business expansion in developing regions in an attempt to increase their market share. They are also adopting several other strategies, such as M&A and product launch. For instance, in October 2018, Cianna Medical, Inc. signed a merger agreement with Merit Medical Systems, Inc., in which the latter will provide clinical support for R&D to Cianna Medical, Inc. for commercializing new technologies in the market.

Request a free sample copy or view report summary: 
Breast Lesion Localization Methods Market Report

Breast Lesion Localization Methods Market Report Highlights

• The global breast lesion localization methods market was valued at USD 580.7 million in 2017 and is expected to grow lucratively over the forecast period
• Wire-guided localization segment held the largest market share of 35.9% in 2017 owing to the presence of wide range of products and high adoption of this technique among end-users
• Radioisotope localization is expected to witness significant growth over the forecast period as it is an effective, safe, and widely used procedure for preoperative localization of non-palpable, suspicious breast lesions
• North America led the market with revenue of USD 209.96 million in 2017. The presence of key manufacturers in U.S., established healthcare infrastructure, and high adoption of localization devices are the factors responsible for its largest share
• Asia Pacific is expected to witness the fastest CAGR of 15.3% during the forecast period due to increasing demand for breast conserving surgery.

Breast Lesion Localization Methods Market Segmentation

Grand View Research has segmented the global breast lesion localization methods market on the basis of type and region:

Breast Lesion Localization Methods Type Outlook (Revenue, USD Million, 2014–2025)

• Wire Guided
• Radioisotope
• Radio Guided Occult-Lesion Localization (ROLL)
• Radioactive-Seed Localization (RSL)
• Others
• Magnetic Tracer
• Others

 

Guar Gum Market Size Worth $785.2 Million By 2025 | CAGR 4.4%

 

Guar Gum Market Growth & Trends

The global guar gum market size is expected to reach USD 785.2 million by 2025, according to a new report by Grand View Research, Inc. The global market is projected to expand at a CAGR of 4.4% during the forecast period. Increasing use of guar gum for horizontal oil well drilling and hydraulic fracturing in the shale gas and oil industry is presumed to be the primary factor for market growth.

Increasing purchasing power of buyers owing to rising per capita income is expected to result in increased consumption of processed food. In addition, the growing urban population and preference for convenience food by time-constraint consumers is expected to escalate the growth of the food processing industry, consequently driving demand for guar gum.

Production and demand are key factors influencing the price of raw material with changes in consumption trends of consumer industries, resulting in price fluctuations. The amount of rainfall during the monsoon determines raw material supply for the product. High fluctuation in prices with no minimum price guarantee may hamper the market growth.

The industry faces a rising threat of substitution, owing to the availability of cheaper substitutes such as xanthan gum, locust bean gum, and other synthetic alternatives. However, the threat of substitution is expected to remain moderate as synthetic alternatives are not preferred due to environmental risks and uncertain performance efficiency.

The market is concentrated in Asia Pacific, especially India and Pakistan. Majority of companies in this market operate their businesses on a small scale. Companies that cater to international markets, especially the U.S., China, Europe, and Saudi Arabia, usually opt for direct distribution in order to increase their profit margin.

Request a free sample copy or view report summary: 
Guar Gum Market Report

Guar Gum Market Report Highlights

• Industrial grade guar gum is expected to register a high revenue-based CAGR of 5.3% from 2018 to 2025 owing to its widespread usage in the paper, textile, mining, and explosives industries
• Thickening and gelling agent is estimated to be the fastest-growing function segment by revenue, registering a CAGR of 5.0% from 2018 to 2025, owing to its rising use in food, pharmaceutical, and oil and gas industries
• Oil and gas industry is the largest application segment, which stood at USD 208.2 million in 2017, due to a booming U.S. shale gas and oil industry
• Product demand in North America is expected to value USD 415.2 million by 2025 on account of growing exploration and production activities in the U.S. and Canada
• The market exhibits presence a number of small-scale manufacturers, primarily located in India and Pakistan. Major companies in the market focus on mergers and acquisitions in order to expand their business. However, they face competition from small players in terms of product prices.

Guar Gum Market Segmentation

Grand View Research has segmented the global guar gum market on the basis of grade, function, application, and region:

Guar Gum Grade Outlook (Volume, Tons; Revenue, USD Million, 2014–2025)

• Food Grade
• Industrial Grade
• Pharmaceutical Grade

Guar Gum Function Outlook (Volume, Tons; Revenue, USD Million, 2014–2025)

• Stabilizer & Emulsifier
• Thickening & Gelling Agent
• Binder
• Friction Reducer
• Others

Guar Gum Application Outlook (Volume, Tons; Revenue, USD Million, 2014–2025)

• Oil & Gas
• Food & Beverage
• Pharmaceuticals & Cosmetics
• Others

Food Colors Market Size Worth $2.97 Billion By 2025 | CAGR: 5.9%

 The global food colors market size is expected to reach USD 2.97 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for colored food products owing to their aesthetic appeal and increasing use in end user industries is expected to drive the demand for food colors over the forecast period.

Growing demand for the product across various industries such as beverages, bakery & confectionary, and dairy products is likely to have a positive impact on the utilization of food colors in the foreseeable future. The demand for food colors for the production of canned products is also estimated to drive the industry growth.

Growing consumer demand for low-fat food is another factors which is expected to supplement the market growth in near future The rising adoption of processed food by consumers across the globe is estimated to translate into the growth in demand of the product. In addition, rising demand for alcoholic and non-alcoholic beverages is likely to drive the market growth over the forecast period.

Rising disposable incomes and changing lifestyles due to rapid urbanization are likely to have a positive influence on the market over the forecast period. Ongoing product innovation, consumer preference for high-quality products, and solidification of government regulations is likely to propel the growth in the next few years.

The absence of any notable substitute to the product results in negligible threat of product substitution. However, the industry is expected to witness internal substitution with natural food colors being increasing used as a substitute for synthetic food colors. The market is expected to witness a degree of uncertainty due to high degree of volatility observed in the prices of raw material.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/food-colorants-market

Further key findings from the report suggest:

• Natural food colors are expected to reach USD 2.50 billion by 2025, owing to growing awareness among consumers regarding the health benefits associated with the product.
• CSDs and non-alcoholic beverages is estimated to be the fastest growing application with a growth rate of 6.4% over the forecast period, on the account of rising demand for juices, soft drinks, and carbonated soft drinks in emerging economies.
• The demand for the product in Asia Pacific is expected to reach a value of USD 868.0 million by 2025 in the wake of growing food and beverage industry in the region.
• The companies have adopted different approach to compete with each other. For example, Allied Bioitech Corporation have adopted a mono-product approach. It is global supplier for carotenoids and manufactures & distributes only on product.

Grand View Research has segmented the food colors market on the basis of product, application, and region.

Food Colors Product Outlook (Volume, Tons; Revenue, USD Million; 2014–2025)

• Synthetic
• Red 40/Allura Red
• Yellow №5
• Yellow №6
• Others
• Natural
• Beta Carotene
• Astaxanthin
• Anthocyanin
• Annatto
• Others
• Natural-identical
• Other Mixed Carotene
• Lutein
• Canthaxanthin
• Lycopene
• Curcumin
• Titanium Dioxide
• Others

Food Colors Application Outlook (Volume, Tons; Revenue, USD Million; 2014–2025)

• Dairy Food
• Non-Dairy Food
• CSD & Non-alcoholic Beverages
• Alcoholic Beverages

C-RAN Market Size Worth $43.35 Billion By 2027 | CAGR: 22.7%

 

C-RAN Market Growth & Trends

The global C-RAN market size is expected to reach USD 43.35 billion by 2027, expanding at a CAGR of 22.7% over the forecast period, according to a study conducted by Grand View Research, Inc. Rapid technological advancements in optical and wireless communication systems is expected to drive the growth. Furthermore, multiple benefits such as reduced energy consumption, simplification of network management and operation, the lower total cost of ownership, enhance the efficiency of the spectrum, pooling of resources, and reuse of infrastructure have led to the cloud radio access network market witnessing an increased demand.

The growing network congestion owing to limited spectrum availability and the smart devices usage has compelled the demand for enhanced network architectures, such as cloud-RAN. The mobile operators are facing the challenge, as technology trend in the wireless networking industry is shifting from the current 3G wireless mobile communication technology to more advanced 4G technologies, such as LTE and LTE-A. This change has increased the cost of implementation, as in most scenarios, large network providers have been obliged to support multi-standard networks.

The rapid rise in the deployment of 5G will further increase the burden on the currently available operation model and infrastructure. The cloud-RAN architecture uses the small-cell model and has been recognized as a favorable methodology to address the 5G standards. It is an innovative architecture, which can solve different challenges that the mobile operators face while trying to support the growing needs of end users, then it is appreciated as a major technological basis for 5G network. The increasing activities to test 5G networks across countries, including South Korea, China, Japan, and U.S. is estimated to drive the market growth from 2020 to 2027.

Asia Pacific dominated the cloud radio access network market in 2019 and is projected to continue its dominance over the forecast period. The growth can be attributed to the initiatives taken by the network operators and governments across countries, such as Japan, South Korea, and China to roll out 5G deployment in the next five years.

The market for C-RAN is predominantly consolidated in nature with presence of several key participants dominating at global level. Some of the key players include Cisco Systems, Inc.; Nokia; SAMSUNG; Huawei Technologies Co., Ltd.; Telefonaktiebolaget LM Ericsson; ZTE Corporation; Intel Corporation; NEC Corporation; and Altiostar.

Request a free sample copy or view report summary: 
C-RAN Market Report

C-RAN Market Report Highlights

• Centralized RAN segment is expected to dominate the market and is expected to reach USD 38.17 billion by 2027, owing to technological advancements offered for optical, wireless, and IT communication systems
• Based on component, the infrastructure segment acquired the dominant market share of 51.30% in 2019 and is anticipated to continue leading over the forecast period, owing to rapid adoption of radio technology and architecture to meet 5G requirement
• LTE and 5G segment held the largest share of the C-RAN market 94.11% in 2019 and is estimated to witness growth over the forecast period, as a result of the operators seeking for better alternative techniques and architecture, which can help reduce energy cost, provide better coverage, agile network traffic management as well as time-high-throughput
• Based on deployment, the outdoor segment dominated the market in 2019 and is expected to reach USD 35.30 billion by 2027. The major deployment of C-RAN architecture by the mobile operator at the outdoor environment provides better coverage in areas, such as urban market, stadiums, and others
• Asia Pacific is expected to be the largest regional market over the forecast period, owing to the factors such as growing deployment of C-RAN architecture as an initiative to commercialize of 5G in countries such as China, Japan, and South Korea
• Prominent market participants include Altiostar; ASOCS Ltd; Cisco Systems, Inc.; Telefonaktiebolaget LM Ericsson; FUJITSU; Huawei Technologies Co., Ltd; NEC Corporation; Samsung Electronics Co Ltd.; Nokia Corporation; and ZTE Corporation

C-RAN Market Segmentation

Grand View Research has segmented the global C-RAN market based on architecture, component, network, deployment, and region:

C-RAN Architecture Type Outlook (Revenue, USD Million, 2016–2027)

• Centralized-RAN
• Virtualized/Cloud RAN

C-RAN Component Outlook (Revenue, USD Million, 2016–2027)

• Infrastructure
• Remote Radio Units
• Baseband Units
• Fronthaul
• Software
• Services
• Consulting
• Design and Deployment
• Maintenance and support
• Others

C-RAN Network Type Outlook (Revenue, USD Million, 2016–2027)

• 3G
• LTE & 5G

C-RAN Deployment Model Outlook (Revenue, USD Million, 2016–2027)

• Indoor
• Outdoor

EVCC Market Size Worth $436.5 Million By 2026 | CAGR: 32.5%

The global electric vehicle communication controller (EVCC) market size is expected to reach USD 436.5 million by 2026, registering a CAGR of 32.5% from 2020 to 2026, according to a new report by Grand View Research, Inc. The market is driven by increasing adoption of electric vehicles (EV) and advancements in charging solutions. Prominent companies in the market, including Tesla, Inc. and LG INNOTEK, are focusing on development of advanced charging technology. Furthermore, rising demand for fast charging technology is fueling market growth.

On-going developments in wireless charging technology for EVs and associated safety concerns are significantly contributing to the growing demand for EVCC. Various Original Equipment Manufacturers (OEMs) and automotive manufacturers have established partnerships for the development of EVCC and incorporating EVCC in wireless charging technology. For instance, Enide, AB Volvo, Continental AG, and HELLA GmbH & Co. KGaA have collaborated on the UNPLUGGED project aimed at development of wireless charging technology. Rise in the number of EVs is fueling the demand for Vehicle-to-Grid (V2G) technology, through which the automobiles can recharge their battery and simultaneously send back electric energy into the grid, when there is a surge in demand. Increasing adoption of EVCC in the development of V2G technology is accelerating market growth.

Governments in countries such as U.S., China, and Germany are collaborating with various academic institutions such as Sandia National Laboratories and the University of Delaware for the development of V2G technology. Furthermore, the growing Public-Private Partnerships for the development of EVCC are expected to propel the market. In May 2012, the University of Delaware, Exelon Corporation, various OMEs, and the U.S. government established the Mid-Atlantic Grid Interactive Car Consortium (MAGICC) that focused on the development of EVCC for V2G. The MAGICC project was funded USD 200,000 by the Delaware Green Energy fund, USD 250,000 by Exelon Corporation, and USD 150,000 from Google LLC for R&D.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/electric-vehicle-communication-controller-evcc-market

Further key findings from the report suggest:

• The Supply Equipment Communication Controller (SECC) communication controller segment is expected to grow significantly owing to rising need for safety while ensuring fast charging
• The wireless charging technology segment is anticipated to register the highest CAGR over the forecast period owing to numerous benefits offered, such as full autonomy and convenience for EV passengers
• The Battery Electric Vehicle (BEV) segment is anticipated to grow significantly over the next few years owing to growing initiatives by OEMs toward the development of EVCC for charging stations in cities
• The commercial segment is expected to grow remarkably over the forecast period owing to rise in the adoption of EVCC in the fleet of logistic and public transport agencies
• The Asia Pacific market is expected to grow significantly over the forecast period owing to increasing national standards for EV charging interfaces and communications protocols set by the National Energy Administration, China
• Key players in the electric vehicle communication controller market are ABB, Ltd.; BYD Auto; Efacec; Ficosa; LG INNOTEK; Mitsubishi Electric; Robert Bosch LLC; Schneider Electric; Tesla, Inc.; and Vector.

Grand View Research has segmented the electric vehicle communication controller market based on system, charging type, electric vehicle type, application, and region:

EVCC System Outlook (Revenue, USD Thousand, 2015–2026)

• Vehicle Based Communication Controller
• Supply Equipment Communication Controller (SECC)

EVCC Charging Type Outlook (Revenue, USD Thousand, 2015–2026)

• Wired Charging
• Wireless Charging

EVCC Electric Vehicle Type Outlook (Revenue, USD Thousand, 2015–2026)

• Battery Electric Vehicle (BEV)
• Plug-In Hybrid Electric Vehicle (PHEV)

EVCC Application Outlook (Revenue, USD Thousand, 2015–2026)

• Passenger Vehicle
• Commercial Vehicle

 

Nebulizer Market Size Worth $1.5 Billion By 2027 | CAGR: 6.6%

 

Nebulizer Market Growth & Trends

The global nebulizer market size is expected to reach USD 1.5 billion by 2027, expanding at a CAGR of 6.6% over the forecast period, according to a new report by Grand View Research, Inc. Rising incidence rate of chronic respiratory diseases, increasing demand for home healthcare devices, and rising geriatric population worldwide are the major factors leading to market growth.

According to the Population Reference Bureau report, “Aging in the United States”, the geriatric population in U.S. is estimated to increase from 48 million in 2016 to 98 million by 2060. Elderly people are susceptible to respiratory diseases such as COPD and sleep apnea. Therefore, growing geriatric population is expected to expand the patient pool for manufacturers and propel the growth of the market.

On the other hand, drug loss during nebulization is the major factor restraining the market. However, this can also act as an opportunity for the mesh nebulizer manufacturers as the devices are manufactured to deliver accurate drug dosage while reduce drug loss. Furthermore, increasing commercial acceptance of mesh nebulizers due to accurate delivery of drug to the lung and lower residual volumes also aids in market growth.

Technological advancements such as drug-device combination is further expected to create new opportunity in the market. The key manufacturers are expected to dominate the market of drug device combinations till the generic mesh nebulizer manufacturers invest in the support infrastructure required for the development of new pharmaceuticals. For instance, in 2016, Sunovion filed the first application for the approval of SUN-101. A mesh nebulizer in combination with a drug for COPD (SUN-101) will be a significant step for boosting the adoption of nebulizers. Other companies such as Vectura also have products in late stage development, e.g., VR475, indicated for severe asthma, in Phase III trials.

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

Nebulizer Market Report Highlights

• The jet segment held over 60.0% market share in 2019 owing to the greater penetration and low cost of the devices
• The mesh segment is expected to be the fastest growing segment with a CAGR of 7.7% over the forecast period, due to various benefits including portability, convenience, homecare application, and accurate dosage delivery
• According to the Population Reference Bureau report, “Aging in the United States”, the geriatric population in U.S. is estimated to increase from 48 million in 2016 to 98 million by 2060
• The demand is expected to increase in homecare application. Easy availability of compact nebulizers that are ideal for home use and technological innovations in the device to reduce the sound created by it and to improve its functionality are increasing its adoption in home healthcare
• North America dominated the nebulizer market in 2019. This high share can be attributed to increase in incidence of respiratory diseases, supportive government policies, favorable reimbursement schemes, rise in awareness, and increasing use of home care products
• As per the analysis of the U.S. and EU clinical trial databases, mesh nebulizers are more preferred for clinical trials sponsored by pharmaceutical companies over jet nebulizers
• Key players include Omron Corporation; Koninklijke Philips N.V.; PARI Pharma; Allied Healthcare Products, Inc.; Becton Dickinson and Company; Agilent Technologies; Medline Industries; Briggs Healthcare; Drive Medical; and GF Health Products, Inc.

Nebulizer Market Segmentation

Grand View Research has segmented the global nebulizer market on the basis of the type, end use, and region:

Nebulizer Type Outlook (Revenue, USD Million, 2016–2027)

• Jet
• Mesh
• Active
• Passive
• Ultrasonic

Nebulizer End-Use Outlook (Revenue, USD Million, 2016–2027)

• Hospitals and clinics
• Emergency Centers
• Home Healthcare