Intranasal Drug And Vaccine Delivery Market Worth $82.0 Billion By 2027

 

Intranasal Drug And Vaccine Delivery Market Growth & Trends

The global intranasal drug and vaccine delivery market size is expected to reach USD 82.0 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.5% from 2020 to 2027. Increasing preference for nasal products over parenteral and oral formulations for instant relief is one of the major factors driving the market.

Increasing demand and advancements in technology are some of the major market drivers. Rising investment in research and development has escalated the clinical trial programs indicated for the treatment of various conditions. In March 2020, Auris Medical Holding Ltd. provided the Phase 2 trial update for intranasal betahistine (AM-125) for the treatment of acute peripheral vertigo.

Increasing prevalence of chronic respiratory disorders augments the demand for intranasal drug and vaccine devices as they are commonly prescribed by medical professionals owing to the easy self-administration technique. According to the Centers for Disease Control and Prevention (CDC), in 2019, 1 in 13 people have asthma, with more than 25 million Americans living with asthma. CDC also stated that asthma accounted for an estimated 14.2 million hospital visits, 439,000 hospital discharges, and 1.8 million emergency department visits annually.

Liquid delivery devices dominated the market in 2019 on account of their availability in various formulations, including aqueous solutions, emulsions, and suspensions. The unit-does segment is anticipated to witness lucrative growth due to increasing approvals for the treatment of various disorders. Moreover, majority of the vaccine formulations under development are unit-dose formulations as single intranasal vaccine dose is commonly recommended by medical professionals.

Asia Pacific is expected to emerge as the fastest growing regional market over the forecast period. This is primarily attributed to increasing product development protocols, economic growth, and increase in the number of local market players involved in the development of novel drug delivery systems.

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Intranasal Drug And Vaccine Delivery Market Report

Intranasal Drug And Vaccine Delivery Market Report Highlights

• North America accounted for the largest share in 2019 owing to well-established healthcare infrastructure, growing investment by market players for novel product development, and increasing prevalence of respiratory and neurological disorders
• Based on product, the liquid delivery device segment dominated the market in 2019 due to the wide availability of liquid nasal formulations and frequent innovations and launch of novel devices
• By dosage, the multi-dose segment held the largest share in 2019 as it provides a cost-effective, convenient, and safe option for patients suffering from chronic diseases, like allergic rhinitis
• On the basis of application, the respiratory disorders segment dominated the market in 2019 due to increasing prevalence of asthma, nasal congestion, and allergic rhinitis
• In terms of distribution channel, the retail pharmacies segment accounted for the largest market share in 2019 as they include large pharmacy chains with the availability of OTC intranasal drug devices
• Market players are adopting several strategies such as significant investment in research and development, product innovation, and geographical expansion in developing countries to gain a significant share in the global market.

Intranasal Drug And Vaccine Delivery Market Segmentation

Grand View Research has segmented the global intranasal drug and vaccine delivery market based on product, dosage, application, distribution channel, and region:

Intranasal Drug and Vaccine Delivery Product Outlook (Revenue, USD Million, 2016–2027)

• Powder Delivery Device
• Liquid Delivery Device
• Pressurized Metered Dose Inhaler
• Others

Intranasal Drug and Vaccine Delivery Dosage Outlook (Revenue, USD Million, 2016–2027)

• Unit-dose
• Multi-dose

Intranasal Drug and Vaccine Delivery Application Outlook (Revenue, USD Million, 2016–2027)

• Respiratory Disorders
• Neurological Disorders
• Vaccination
• Pain management
• Others

Intranasal Drug and Vaccine Delivery Distribution Channel Outlook (Revenue, USD Million, 2016–2027)

• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies

Curling Irons Market Size Worth $4.77 Billion By 2025 | CAGR: 5.8%

 

Curling Irons Market Growth & Trends

The global curling irons market size is anticipated to reach USD 4.77 billion by 2025, exhibiting a 5.8% CAGR over the forecast period, according to a new report published by Grand View Research, Inc. Availability of hair styling tools offering digitally precise heat and speed adjustments along with vitamin coatings for better protection from heat is contributing to the growth. In addition, the rising preference for affordable grooming products and hair appliances is projected to result in the growth of the product over the forecast period.

Rapid technological advancements are anticipated to drive the demand for curling irons. The introduction of digitally-controlled appliances with faster heating times and a 360-degree curling option has advanced the product features, which is expected to attract consumers. For instance, T3 Micro Inc. offers TWIRL 360, which is an auto-rotating curling iron incorporating Digital T3 SinglePass technology to maintain even temperature and to form flawless curls.

Innovation and introduction of additional product features are also expected to fuel the growth. For instance, the Nutrifusion line by Revlon, Inc. offers three curling irons and one straightener to help hair conditioning, with moringa and macadamia to protect the natural luster of hair. In October 2018, Dyson launched a new hair styling product, the Airwrap Styler. The product can be used to easily curl, wave, smooth, and dry hair with the help of air currents and a low amount of heat. The rising popularity of fashion influencers and online hairstyling tutorials is anticipated to further propel the demand for curling irons. Beauty brands are focusing on engaging consumers through beauty bloggers, fashion influencers, and celebrities.

In terms of product, curling tongs led the market in 2018. Advanced features such as manual heat adjustments are expected to drive the product demand in the forthcoming years. Different materials, such as ceramic, simple metal, and tourmaline are used in the heating plate to protect hair strands and to eliminate damage. This factor is expected to boost the acceptance of curling irons among professionals as well as regular consumers.

The residential application segment is projected to expand at the fastest CAGR of 6.0% from 2019 to 2025. Rising preference for low cost self-grooming appliances for at-home styling is expected to drive the growth. Also, increased travel and tourism activities encourage consumers to buy portable appliances, which in turn is projected to boost the segment growth over the forecast period. For instance, Conair Corporation provides Conair MiniPRO Cordless 3/4-Inch Ceramic Curling Iron compatible with traveling.

North America dominated the global curling irons market, accounting for a 36.0% revenue share in 2018. The presence of a high number of hair-stylists in the region is also expected to drive the demand for curling irons from the commercial application segment. To put this into perspective, over 45000 people in Texas were employed in the hairstylist industry in 2017. Thus, the regional market is poised to witness significant growth during the forecast period.

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Curling Irons Market Report

Curling Irons Market Report Highlights

• The curling wands segment is expected to register a CAGR of 6.1% from 2019 to 2025
• The commercial segment is expected to reach USD 3.5 billion by 2025, owing to the increased number of professional hairstylists
• Asia Pacific is anticipated to witness the fastest CAGR of 6.3% over the forecast period
• Top players operating in the curling irons market are Koninklijke Philips N.V.; Conair Corporation; Helen of Troy; Curlingiron.org.; Spectrum Brands, Inc.; Lunata Beauty; Dyson; Revlon, Inc.; Andis Company; and Geloon

Curling Irons Market Segmentation

Grand View Research has segmented the global curling irons market by product, application, distribution channel, and region:

Curling Irons Product Outlook (Revenue, USD Million, 2015–2025)

• Curling Tongs
• Curling Wands
• Others

Curling Irons Application Outlook (Revenue, USD Million, 2015–2025)

• Residential
• Commercial

Curling Irons Distribution Channel Outlook (Revenue, USD Million, 2015–2025)

• Hypermarket/Supermarket
• Convenience Stores
• Online

Aramid Fiber Market Size Worth $6.8 Billion By 2027 | CAGR: 8.2%

 The global aramid fiber market size is expected to reach USD 6.8 billion by 2027, expanding at a revenue-based CAGR of 8.2% during the forecast period, according to a new report by Grand View Research, Inc. Superior properties such as strength and heat-resistance of aramid fiber has promoted its utilization in the production of body armor fabric.

The growing need for security and protection measures across various industries such as mining, healthcare/medical, oil and gas, building and construction, and the military is projected to propel market growth. In addition, stringent regulations in developing economies related to occupational safety are likely to benefit market growth over the forecast period.

Aramids fibers are being increasingly used as an alternative to metal wire and organic fiber in structural composite applications in aerospace and marine sectors, and ropes for oil rigs in offshore locations. In addition, product benefits such as non-aggressive wear and tear on drums and discs and fade resistance is anticipated to propel its usage.

The manufacturing process involves the use of a number of high-cost chemicals, which elevates its production cost. In addition, huge capital investment in machinery and production process is anticipated to pose a threat to the growth of the aramid fiber market. However, the development of cost-beneficial production facilities is anticipated to benefit market growth.

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https://www.grandviewresearch.com/industry-analysis/aramid-fiber-market

Further key findings from the report suggest:

• Para-aramid fiber accounted for a market share of 75.6% in 2019, owing to its properties such as excellent strength-to-weight ratio coupled with superior chemical resistance
• The security and protection application segment dominated the market in 2019 and is estimated to generate revenue of USD 2.6 billion by 2027, owing to growing concern regarding the protection of personnel in military and industrial sectors
• The market in Asia-Pacific is anticipated to exhibit a revenue-based CAGR of 9.1% from 2020 to 2027 on account of the growing need for security and protection measures across the military and defense and medical industry
• The U.S. market is projected to witness strong growth over the forecast period and reach a market value of USD 1.4 billion in 2027 on account of increasing demand for personal protective equipment
• China was the largest market in the Asia Pacific in 2018 on account of the expansion of automotive industries and increasing demand for personal protective equipment.

Grand View Research has segmented the global aramid fiber market on the basis of product, application, and region:

Aramid Fiber Product Outlook (Volume, Tons; Revenue, USD Million, 2016–2027)

• Para-aramid
• Meta-aramid

Aramid Fiber Application Outlook (Volume, Tons; Revenue, USD Million, 2016–2027)

• Security & Protection
• Frictional Materials
• Rubber Reinforcement
• Optical Fibers
• Tire Reinforcement
• Electrical Insulation
• Aerospace
• Others

Motion Sensor Market Size Worth $8.7 Billion By 2025 | CAGR: 7.8%

 

Motion Sensor Market Growth & Trends

The global motion sensor market size is expected to reach USD 8.7 billion by 2025, registering a CAGR of 7.8% from 2019 to 2025, according to a new report by Grand View Research, Inc. Increasing adoption of motion sensors in robotics and gaming applications such as joystick, Augmented Reality (AR) devices, and other gaming accessories have influenced the use of sensing techniques. Significant opportunities in the consumer electronics segment are likely to enhance market growth. For instance, trends in wearable devices have resulted in enormous demand for their variants.

Augmented Reality (AR) and Virtual Reality (VR) are becoming increasingly popular trends in the realm of consumer electronics.AR/VR applications are now a key battleground for smartphones as well as wearable devices such as smart glasses, VR gloves, VR motion chairs, and Head-mounted Displays (HMDs).Motion sensing is a key ingredient in the portable designs built around AR and VR applications. In the past five years, the number of VR users has risen to 150+ million in 2018, from 1 million in 2014. These applications are expected to provide lucrative opportunities to market players. Inertial measurement units (IMU) that use a combination of accelerometer, gyroscope, and magnetometer ensure the stability in environments with high movement fluctuations often encountered in HMDs and AR applications such as smart glasses. Increasing demand for IMUs is expected to drive the market over the forecast period.

Under the AR/VR domain, these sensors are widely used in gaming applications. A motion gaming system, also called a motion-controlled gaming system, is one that allows players to interact with the system through body movements. In recent years, there has been a significant rise in demand for interactive video games. Growing demand for interactive games can be attributed to rise in penetration of smartphones and wearables, which provides a lucrative opportunity to manufacturers in the consumer electronics end-use industry.

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Motion Sensor Market Report

Motion Sensor Market Report Highlights

• Growing emphasis of leading technology companies on increasing awareness regarding these sensors in Asia Pacific is a key trend. Intel Corporation recently exhibited advanced applications of motion sensors at the CES Asia — a trade fair organized by Consumer Technology Association (CTA)
• The microwave segment is expected to grow significantly in the next few years owing to their ability to operate in the K-band frequency range, which makes them resistant to interference from external radar sources
• The healthcare segment is expected to gain traction as a result of growing demand for wireless body area networks and smart pill boxes that incorporate motion sensors
• Asia Pacific is expected grow significantly over the forecast period owing to increasing product adoption for detection and prediction of earthquakes and tsunamis in countries such as Indonesia and Japan
• Key players in the motion sensor market are HILLCREST LABS; Honeywell International Inc.; Kionix, Inc.; Murata Manufacturing Co., Ltd.; NXP Semiconductors; Robert Bosch GmbH; SENSINOVA; STMicroelectronics; TE Connectivity Ltd.; and TDK Corporation.

Motion Sensor Market Segmentation

Grand View Research has segmented the global motion sensor market based on technology, application, and region:

Motion Sensor Technology Outlook (Volume, Thousand Units; Revenue, USD Million, 2014–2025)

• Infrared
• Ultrasonic
• Microwave
• Dual Technology
• Tomographic
• Others

Motion Sensor Application Outlook (Volume, Thousand Units; Revenue, USD Million, 2014–2025)

• Consumer Electronics
• Automotive
• Aerospace & Defense
• Healthcare
• Industrial
• Others

Recycling Equipment Market Worth $1.3 Billion By 2027 | CAGR: 5.8%

 

Recycling Equipment Market Growth & Trends

The global recycling equipment market size is anticipated to reach USD 1.3 billion by 2027, expanding at a CAGR of 5.8%, according to a new report by Grand View Research, Inc. Growing awareness pertaining to the economic and environmental benefits of recycled processed materials are anticipated to surge the market over the forecast period.

Increasing utilization of recycled material such as steel, iron, plastic, rubber, and concrete in the end-use industries including automotive, electrical and electronics, building and construction, and packaging are anticipated to drive the market over the forecast period.

Growing concerns over increasing carbon footprint along with rising government efforts in numerous countries in order to promote recycling of material is expected to create significant opportunities for the manufacturers. Increasing awareness towards sustainable advantages and benefits of reusing waste material is projected to drive the market.

The market is extremely competitive and relies on technological and product developments. For instance, in January 2019, ELDAN Recycling A/s launched a new Twin Shaft Clean-Cut Shredder (TSCC) for the production of clean-cut tire chips from car or truck tires.

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Recycling Equipment Market Report

Recycling Equipment Market Report Highlights

• In 2019, the baler press segment accounted for 30.4% of overall market share owing to increasing utilization of baler presses to compact, bind, and bale recyclable processed materials for the purposes of storage and transportation
• The shredders segment is expected to grow with a robust pace, registering a CAGR of 6.4% from 2020 to 2027 owing to the growing utilization of shredders in recycling of plastic and tire materials
• Plastics is expected to be the largest material segment in the industry owing to the increasing awareness towards sustainable advantages and benefits of reusing plastic waste
• Europe is anticipated to dominate the recycling equipment market on account of numerous initiatives and stringent regulations imposed on waste disposal by key governments including Germany, Italy, France, and U.K.
• Asia Pacific is expected to witness a robust CAGR of 6.8% over the forecast period on account of rapid industrialization along with the imposition of stringent laws pertaining to waste management, and disposal processes
• Key players in the market are focusing on several strategies including new product developments, expansions, partnerships, and joint ventures.

Recycling Equipment Market Segmentation

Grand View Research has segmented the recycling equipment market on the basis of equipment, processed material, and region:

Recycling Equipment Outlook (Revenue, USD Million, 2016–2027)

• Baler Press
• Shredders
• Granulators
• Agglomerators
• Shears
• Separators
• Extruders
• Others

Recycling Equipment Processed Material Outlook (Revenue, USD Million, 2016–2027)

• Metal
• Plastic
• Construction Waste
• Paper
• Rubber
• Others

List of Key Players of Recycling Equipment Market

• Recycling Equipment Manufacturing
• The CP Group
• ELDAN Recycling
• Metso
• Suny Group
• Clean Harbors, Inc.
• Forrec Srl Recycling
• BHS Sonthofen
• LEFORT GROUP
• Mid Atlantic Waste Systems

Cool Roof Coatings Market Worth $6.22 Billion By 2027 | CAGR: 7.1%

 The global cool roof coating market size is anticipated to reach USD 6.22 billion by 2027, exhibiting a revenue-based CAGR of 7.1% over the forecast period, according to a new report published by Grand View Research, Inc. Rising developments in the residential and industrial sectors are expected to positively impact the demand. Cool roof coatings reduce the heat buildup within the buildings, thus improving their performance and reducing the overall maintenance cost.

The commercial application segment is projected to expand at a CAGR of 6.8%, in terms of revenue, over the forecast period. Rising spending on construction of commercial stores, shopping malls, warehouses, institutions, hospitals, and other similar projects owing to surge in the Purchasing Power Parity (PPP) in regions such as North America, Asia Pacific, and Europe is anticipated to drive the demand for cool roof coatings from the commercial segment in the forthcoming years.

The demand from the industrial application segment is dominated by rising demand from the food industry, chemical processing, and manufacturing industries. The demand from these industries is expected to witness growth during the forecast period due to heat reflectance, temperature resistance, and other beneficial properties of cool roof coatings. Rapid industrialization, along with the growth of infrastructure and manufacturing sectors boosted by the investment from both private and public sectors is projected to positively influence the industrial cool roof coating market over the forecast period.

IR Reflective coatings emerged as the fastest growing product segment and are expected to expand a CAGR of 7.5%, in terms of revenue, over the forecast period. Rising application in the residential and industrial buildings to reduce the energy cost is expected to fuel the segment growth. These types of coatings exhibit a special heat-reflective ability that reflects harmful infrared rays and UV rays back into the atmosphere and thus reduces the heat generation inside the building.

Favorable government regulations and initiatives such as the Leadership in Energy and Environmental Design (LEED) rating system and Title 24 Building Energy Efficiency Code standards, to lower energy consumption, are anticipated to propel the product demand over the forecast period.

North America led the global cool roof coatings market in 2019 owing to increasing demand from residential and non-residential construction projects, such as hospitals, schools, and colleges. The implementation of the Affordable Healthcare Act in the U.S. has triggered the construction of healthcare units and hospitals. The rising population is expected to further boost the construction of office spaces, industrial plants, schools, and colleges, thereby, driving the demand for cool roof coatings in the construction sector.

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

Further key findings from the report suggest:

• The Asia Pacific is expected to be the fastest-growing cool roof coatings market during the forecast period
• Low-sloped application occupied the largest revenue share on account of rising demand for the construction of residential rooftop due to low installation costs with low maintenance property
• Elastomeric product type held the dominant market share of 65% in 2019, owing to rising demand for environment-friendly and energy-saving products and solutions
• Key market players include PPG Industries, Sika AG, GAF, The Valspar Corporation, and NIPPON PAINT (M) SDN. BHD

Grand View Research has segmented the global cool roof coatings market on the basis of product, application, end-use, and region:

Cool Roof Coatings Product Outlook (Volume, Kilo Liters; Revenue, USD Million, 2016–2027)

• Elastomeric/White
• IR Reflective/Colored

Cool Roof Coatings Application Outlook (Volume, Kilo Liters; Revenue, USD Million, 2016–2027)

• Low-sloped
• Steep-sloped

Cool Roof Coatings End-use Outlook (Volume, Kilo Liters; Revenue, USD Million, 2016–2027)

• Residential
• Commercial
• Industrial

Fire Resistant Cable Materials Market Size Worth $718.8 Million By 2027

 

Fire Resistant Cable Materials Market Growth & Trends

The global fire resistant cable materials market size is expected to reach USD 718.8 million by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.4% from 2020 to 2027. Growing need for materials that can withstand high temperature or fire mishaps for a specified duration is likely to drive the demand for fire resistant cable materials over the forecast period.

Commercial availability of cable materials in the market, along with their superior properties to tackle extreme heat and fire situation, is anticipated to increase its penetration for cable jacketing applications. Moreover, growing installation of electric wiring system in modern building and construction and manufacturing structures is likely to offer growth prospects for the market in the forecast period.

Stringent regulations for green building in major regions, including North America and Europe, are likely to drive the market for fire proof cables. Technical innovations in the industry for wire covering materials are likely to influence the market growth on a positive note. Moreover, introduction of advanced electrical and electronics is expected to support the demand for fire resistant cable materials.

Prominent players are investing significantly in R&D activities to develop fire resistant cables with enhanced resistant property. Mergers & acquisitions is another strategy adopted by the prominent players to increase geographical presence in the competitive market.

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Fire Resistant Cable Materials Market Report

Fire Resistant Cable Materials Market Report Highlights

• By material, the cross-linked polyethylene (XLPE) segment is expected to witness the fastest growth over the forecast period owing to its superior resistant property and low cost as compared to its counterparts
• In North America, the polyvinyl chloride (PVC) segment was valued at USD 38.6 million in 2019 owing to its easy and abundant availability in the region
• Asia Pacific was the largest regional market for fire resistant cable materials in 2019 and is expected to witness considerable growth in coming years. Strong development in the building and construction industry in China and India is expected to offer growth opportunities
• By end use, in 2019, the building and construction segment accounted for the largest revenue share and is anticipated to witness significant growth over the forecast period. Stringent regulations regarding fire resistant properties of the building structures are likely to support the product demand
• The manufacturing end-use segment is likely to witness notable growth in the forecast period owing to rising concerns regarding workplace safety and increasing number of fire mishaps at workplaces.

Fire Resistant Cable Materials Market Segmentation

Grand View Research has segmented the global fire resistant cable materials market on the basis of material, end use, and region:

Fire Resistant Cable Materials Outlook (Revenue, USD Million, 2016–2027)

• XLPE
• LSZH
• PVC
• EPR

Fire Resistant Cable Materials End-use Outlook (Revenue, USD Million, 2016–2027)

• Building & Construction
• Automotive & Transportation
• Manufacturing
• Energy
• Others

Tennis Racquets Market Worth $419.9 Million By 2025 | CAGR: 2.6%

 The global tennis racquet market size is expected to reach USD 419.9 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.6% over the forecast period. Rising importance of sports in maintaining body metabolism and improving muscular strength is expected to promote the use of tennis among health conscious adults. In addition, rising popularity of cardio tennis in developed countries including U.S., Germany, and France is projected to remain a key factor in the near future.

Carbon fiber accounted for more than 75.0% share of the global revenue in 2018. Features including lightweight, high strength, and high stiffness are fueling the demand for the product among core players as well as amateur. Producers also find it more convenient than wood, steel or aluminum based product, as carbon fiber allows to distribute stiffness as per the customized requirements.

Core players are expected to reach USD 240.2 million by the end of 2025. Increasing number of professional lawn tennis tournaments in countries including Indonesia, India, and Australia as a result of increasing funding of domestic sports authorities to provide the exposure of international medium to the national youth players is expected to open new avenues for the core players in the near future.

In April 2015, ABG-PRINCE OPCO, LLC has launched a new product line of TeXtreme carbon fiber material. This product is 20% lighter, along with better stiffness. It is available in different frames including Tour 100T, Tour 95, Warrior 107T, and Warrior 107. Similarly, in November 2018, Babolat partnered with Chomarat, a supplier of multiaxial carbon. Babolat will be using Chomarat’s C-PLY Hexagonal for the production of its Pure Aero racket.

Key competitors of the tennis racquets industry include Amer Sports, YONEX Co., Ltd., Dunlop Sports, Babolat, Head N.V., ASI LLC, Tecnifibre, GAMMA Sports, Pacific Holdings Limited, ProKennex, Slazenger, ABG-PRINCE OPCO, LLC, Solinco, and PowerAngle LLC.

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

Further key findings from the study suggest:

• North America held the largest share of 35.9% both in terms of revenue as well as volume in 2018
• Asia Pacific is expected to expand at the fastest CAGR of 5.5% in terms of revenue from 2019 to 2025
• By raw material, aluminum is expected to reach USD 40.9 million by the end of 2025
• By application, the amateur segment in tennis racquets market is expected to expand at a volume-based CAGR of 2.1% from 2019 to 2025
• Offline channels are expected to reach more than USD 295.0 million by the end of 2025

Grand View Research has segmented the global tennis racquets market on the basis of raw material, application, distribution channel, and region:

Tennis Racquet Raw Material Outlook (Volume, Thousand Units; Revenue, USD Million, 2015–2025)

• Carbon Fiber
• Aluminum
• Others

Tennis Racquet Application Outlook (Volume, Thousand Units; Revenue, USD Million, 2015–2025)

• Core Player
• Amateur

Tennis Racquet Distribution Channel Outlook (Volume, Thousand Units; Revenue, USD Million, 2015–2025)

• Online
• Offline

Tennis Racquet Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2015–2025)

• North America
• U.S.
• Europe
• Germany
• France
• Asia Pacific
• China
• India
• Central & South America
• Brazil
• Middle East & Africa
• South Africa

Smart TV Stick Market Size Worth $22.7 Billion By 2025 | CAGR: 8.2%

 The global smart TV sticks market size is anticipated to reach USD 22.7 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.2% over the forecast period. Factors such as ability to provide OTT content, IoT enabled smart homes, changing home entertainment concept, and penetration of broadband are some of the primary factors driving the global market.

Smart TV sticks are providing the consumers with entertainment content of their choice from the leading providers such as Netflix, HULU, and Amazon Prime. In U.S., smart TV sticks/box holds 70.0% share among other streaming devices such as smart TVs, game console, set top box, and internet blue ray player.

North America is an early adopter of technology, therefore it occupies a large share in the global industry. Increased adaptation of smart connecting devices, broadband penetration, and OTT content have been some of the driving factors in this region. On an average, a single U.S. home has viewership of approximately 49 hours across the month, which is the highest of all countries. Prominent penetration of this market has been boosting the growth of the U.S. smart television stick industry.

Hypermarket and supermarket held the largest share of 48.0% in 2018. For instance, Chroma is the leading retailer of consumer electronics in India with 125 stores in 28 cities in India, offering a variety of smart TV sticks. The online distribution channel is expected to expand at the highest CAGR of 8.6% from 2019 to 2025, owing to an increase in the number of internet users, fast paced lifestyle, ease of internet access, and penetration of e-commerce among the manufacturers.

Developing countries such as India and China are expected to witness high demand in the coming years. China is likely to register the highest CAGR of 9.2% from 2019 to 2025. Growing consumer inclination towards the western entertainment content in these countries is the prime factor driving the market in this region. Modernization of network infrastructure, along with easy availability of high quality broadband service, has accelerated the demand for live streaming, thus spurring the growth of the smart TV stick market in Asia Pacific. For instance, according to Business Line, the 5G technology has been standardized to work on all bands in India.

The industry is dominated by leading players such as Amazon.com, Inc.; Roku, Inc.; Google; Apple Inc.; Sky PLC; ASUSTeK Computer; Shenzhen Rikomagic Tech; Dongguan Sonicway Electrical Appliance; Shenzhen Tomato Technology; and CloudWalker Streaming Technologies.

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

Further key findings from the study suggest:

• By distribution channel, hypermarket and supermarket held the largest share of 48.0% in 2018
• The online channel segment is expected to expand at a CAGR of 8.6% from 2019 to 2025 due to rising penetration of e-commerce and low cost of startups
• North America held the largest share in the global market.

Grand View Research has segmented the global smart TV stick market on the basis of distribution channel and region:

Smart TV Sticks Distribution Channel Outlook (Revenue, USD Billion, 2015–2025)

• Online
• Convenience Stores
• Hypermarket & Supermarket
• Specialty Store

Smart TV Sticks Regional Outlook (Revenue, USD Billion, 2015–2025)

• North America
• U.S.
• Europe
• Germany
• U.K.
• Asia Pacific
• China
• India
• Central & South America
• Brazil
• Middle East & Africa
• Africa

Anti-Pollution Skincare Products Market Worth $12.13 Billion By 2025

The global anti-pollution skincare products market size is expected to reach USD 12.13 billion by 2025 registering a CAGR of 4.2%, according to a new report by Grand View Research, Inc. High pollution levels caused due to rapid urbanization as well as industrialization and rising cases of skin diseases, such as acne, hives, and eczema, are expected to be the key factors augmenting the market growth.In addition, significant rise in the number of vehicles adds to air pollution. According to the WHO, the global air pollution has increased by 8% since 2016. In addition, increasing cases of premature skin aging is driving the demand for skincare products, thereby supporting the market growth. Shifting preferences for natural and organic cosmetics coupled with increasing usage of vegan and environmentally safe products are expected to fuel the demand further.

Rising environmental concerns and chemical bound allergies due to synthetic cosmetics act as key drivers for the market growth. Companies are focusing on technological and product innovations, which is also contributing to the market development. For instance, in May 2019, Golde, a manufacturer of natural health & beauty products, launched Golde Clean Greens Anti-Pollution Face Mask.The product includes chlorella, spirulina, chlorophyll, and mango juice that help fight off pollution and supply oxygen to the skin. In addition, in February 2018, Clariant International Ltd. relaunched RedSnow, an innovative skin defender against pollution and ageing. Moreover, rising awareness about the impact of environmental factors is likely to boost the product demand.

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

Further key findings from the study suggest:

• The market is anticipated to witness growth on account of increasing pollution levels giving rise to fatal diseases and various skin conditions
• In terms of revenue face mask segment is projected to ascend at the fastest CAGR of 5.1% over the forecast years
• Female end-user segment led the global anti-pollution skincare products market with an overall revenue share of over 55.3% in 2018
• Asia Pacific was the leading regional market in 2018 and is projected to maintain its dominance throughout the forecast years
• The industry is highly competitive. Some of the key companies include Avon Products, Inc.; Beiersdorf AG; Kao Corp.; L’occitane International S.A.; and L’Oréal Group

Grand View Research has segmented the global anti-pollution skincare products market on the basis of product, end user, nature, and region:

Anti-Pollution Skincare Product Outlook (Revenue, USD Million, 2015–2025)

• Cream
• Moisturizer
• Face Mask
• Others

Anti-Pollution Skincare Products End User Outlook (Revenue, USD Million, 2015–2025)

• Male
• Female

Anti-Pollution Skincare Products Nature Outlook (Revenue, USD Million, 2015–2025)

• Conventional
• Organic

 

Foot Orthotic Insoles Market Worth $5.5 Billion By 2026 | CAGR 6.3%

 The global foot orthotic insoles market size is expected to reach USD 5.5 billion by 2026, according to a new report by Grand View Research, Inc., exhibiting a 6.3% CAGR during the forecast period. Growing incidence of diabetes and plantar fasciitis are expected to drive the market over the forecast period. Moreover, rapid urbanization and increasing disposable income are anticipated to propel growth in future.

Technological advancements, spurred by ongoing investments in R&D, are expected to increase growth potential in the coming years. Moreover, rise in geriatric population, which is susceptible to orthopedic disorders, is impelling product demand globally. For instance, in 2017 as per the U.S. Census Bureau, the number of people aged 65 or older increased by 1.6 million from 2014 to 2015. In addition, increasing incidence of sports injuries and rising prevalence of osteosarcoma in the region has led to the need for various orthotics devices, which is expected to drive the foot orthotic insoles market in the coming years.

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

Further key findings from the report suggest:

• Increasing prevalence of diabetes and feet related diseases are anticipated to create growth opportunities in the market
• Polyethylene accounted for the largest revenue share as of 2018, owing to its high melt property and easy adjustment abilities
• The medical field held the largest share in the foot orthotic insoles market by application, fueled by increasing incidence of orthopedic disorders
• The online stores segment is expected to exhibit lucrative growth over the forecast period due to easy availability of products through online as well as shipping services
• North America held the dominant share as of 2018, due to increasing incidence of diabetes and presence of large number of industry players
• Asia Pacific is anticipated to witness lucrative growth due to high target population and untapped opportunities
• Some of the key companies are Dr. Scholl’s (Bayer); Hanger Prosthetics & Orthotics Inc.; Acor Orthopedic, Inc.; DJO Global Inc.; and Superfeet Worldwide Inc.

Grand View Research has segmented the global foot orthotic insoles market on the basis of product, application, distribution channel, and region:

Foot Orthotic Insoles Product Outlook (Revenue, USD Million, 2014–2026)

• Thermoplastics
• Polyethylene foams
• Leather
• Cork
• Composite carbon fibers
• Ethyl-vinyl acetates (EVAs)
• Gel
• Others

Foot Orthotic Insoles Application Outlook (Revenue, USD Million, 2014–2026)

• Sports & athletics
• Medical
• Personal comfort

Foot Orthotic Insoles Distribution Channel Outlook (Revenue, USD Million, 2014–2026)

• Drug Stores
• Hospitals & specialty clinics
• Online stores
• Others (retail shops, foot store)

Mattress Market Size Worth $43.2 Billion By 2025 | CAGR: 6.7%

 The global mattress market size is expected to reach USD 43.2 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 6.7% over the forecast period. Growing demand from the hospitality and real-estate sectors, especially in developing and emerging countries such as India, China, and Brazil will create robust demand for the product over the forecast period.

A major factor boosting the growth of the global market is changing demographics. Rise in disposable income of growing middle class, especially residing in the urban areas or the ones moving from the rural areas to these regions in search of better education and job opportunities is anticipated to drive the market. Millennial consumers in countries such as U.K., U.S., and India have emerged as booming consumers of the global mattress market. High demand is mainly attributed to young consumers who are willing to pay a price higher than the usual for advanced products such as memory foam and airbed mattresses.

For instance, Serta Inc. launched the iComfort hybrid mattress with TempActiv cooling technology and a new coil support system, which infuses copper into materials such as natural latex. This provides immediate body contact or closeness to the element itself as copper relieves pain, reduces arthritis-related inflammation, helps to cure several other medical problems, and increases overall energy level.

Innerspring dominated the market and held the largest share of 32.5% in 2018. Rising incidents of back problems associated with uncomfortable sleeping surfaces leading to wrong postures is a major factor for the growth of segment. In emerging economies such as India, Brazil, and China, increasing number of affluent consumers also boosts demand for premium mattress (memory foam) with innerspring technology. For instance, Casper provides a transitional layer with two types of poly-foam: a softer one at the ends of the bed for pressure relief on neck and feet and the firmer one to support the lumbar region, thus providing complete head-to-toe support.

In several emerging countries, the governments regard home ownership as an important policy goal and thus encourage it by creating interest payments on mortgages. For instance, Indian government’s ‘Housing for All’ scheme, wherein the main motto of the government is to provide concessional houses to every individual residing in India, thereby augmenting the demand for household essentials such as mattresses and linens in this region. Premium hotel chains such as Hilton and Huazhu Group are focusing on providing excellent service to attract consumers. Thus, such inflating demand for mattresses from international hotel chains is likely to boost market growth.

Key market players in the market include Tempur-Pedic International Inc; Purple Innovation, LLC; Simmons Bedding Company LLC; Serta Inc.; Spring Air Company; Southerland Bedding Co.; Select Comfort; Kingsdown Inc.; KING KOIL Inc.; Sealy Corporation; and Paramount Bed Holdings Co. Ltd. For instance, Purple Innovation, LLC manufactured the World’s First No Pressure Mattress, and hence is expanding its blended channel strategy by bringing its patented-technology comfort products to selected locations across U.S.

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

Further key findings from the study suggest:

• Asia Pacific is projected to generate a revenue of USD 10.7 billion by 2025
• Innerspring accounted for 32.5% share of the total revenue in 2018 and is projected to exhibit a significant increase in the next few years
• Europe is the second fastest growing region with a CAGR of 7.2% over the forecast period. This trend is projected to continue over the next few years
• The mattress industry is highly competitive with the key players such as Tempur-Pedic International Inc.; Purple Innovation, LLC; Simmons Bedding Company LLC; Serta Inc.; Spring Air Company; Southerland Bedding Co.; Select Comfort; Kingsdown Inc.; KING KOIL Inc.; Sealy Corporation; and Paramount Bed Holdings Co. Ltd.

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

Mattress Product Outlook (Revenue, USD Billion, 2015–2025)

• Innerspring
• Latex
• Memory Foam
• Others

Mattress Application Outlook (Revenue, USD Billion, 2015–2025)

• Domestic
• Commercial

Canine Atopic Dermatitis Market Size Worth $1.8 Billion By 2027

 The global canine atopic dermatitis market size is expected to reach USD 1.8 billion by 2027, expanding at a CAGR of 9.0% over the forecast period, according to a new report by Grand View Research, Inc. Increasing prevalence of the disease and growing companion ownership are the key factors driving the market growth.

Growing concern among pet owners regarding their pet’s health is further propelling the market growth. According to American Academy of Physician Assistants (AAPA), U.S. pet owners spent around USD 7.4 billion on pet care in 2017 whereas, Europe spent around USD 6.1 billion. The anticipated rise in dog ownership is expected to increase the demand for better treatment facilities.

According to The American Pet Products Association report 2018, veterinary care spending increased by 7% from USD 15.95 billion in 2016 to USD 17.07 billion in 2017. An increase in the number of veterinary clinic visits is further boosting the canine atopic dermatitis market growth. According to the American Veterinary Medical Association (AVMA) report, as of 2018, around 70% dog owners usually go to veterinary hospitals or clinics for the routine check-up of their pets. These aforementioned factors are expected to fuel the growth of the canine atopic dermatitis treatment market over the forecast period.

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

Further key findings from the report suggest:

• On the basis of product, the Monoclonal Antibodies (MAbs) segment is projected to register a CAGR of 16.1% over the forecast period owing to increased efficacy and strong product pipeline
• Based on mode of administration, the oral segment held the largest share as of 2019 owing to low cost and ease of administration
• On the basis of distribution channel, the retail segment held the largest share as of 2019, owing to ever rising footprint of retail pharmacies and product availability
• By region, Asia Pacific is expected to exhibit the highest growth rate over the forecast period due to increase in disposable income and growing companion ownership
• Some of the key companies in the canine atopic dermatitis market are Zoetis, Elanco, Toray Industries, and Virbac.

Grand View Research has segmented the global canine atopic dermatitis market on the basis of product, mode of administration, distribution channel, and region:

Canine Atopic Dermatitis Treatment Product Outlook (Revenue, USD Million, 2016–2027)

• Glucocorticoids
• Antihistamines
• Immunosuppressants
• MAbs
• Others

Canine Atopic Dermatitis Treatment Mode of Administration Outlook (Revenue, USD Million, 2016–2027)

• Topical
• Oral
• Injectable

Canine Atopic Dermatitis Treatment Distribution Channel Outlook (Revenue, USD Million, 2016–2027)

• Veterinary Hospitals/Clinics
• Retail
• E-commerce

Wood Adhesives Market Size Worth $6.34 Billion By 2025 | CAGR: 4.7%

 The global wood adhesives market size is anticipated to reach USD 6.34 billion by 2025, according to a new report by Grand View Research, Inc. ,expanding at a CAGR of 4.7% over the forecast period. The increasing demand from engineered wood-based panel manufacturers is a significant driver of the market.

Adhesives are a preferred choice for binding wood strips, chips, fibers, strands, and veneers for manufacturing engineered wood-based panels such as plywood, particle board, oriented strand board, medium density fiberboard, and high density fiberboards. Increasing population and rapid urbanization accompanied with the government efforts to boost residential construction are likely to propel the demand for wood-based panels, which in turn is expected to support the market growth.

Urea-formaldehyde (UF) dominated the market in 2018 owing to its beneficial properties, namely, inflammability, low cost, light color, and a very rapid cure rate. However, low water resistance of the product is likely to restrain its utilization over the coming years. Melamine urea-formaldehyde (MUF) resins, which possess better water resistance properties, are increasingly being used in exterior applications that are more susceptible to moisture.

Soy-based adhesives have gained popularity owing to their low cost production, low emissions, and bio-based origin. Stringent regulations pertaining to the formaldehyde emissions that are emitted during the production of UF resin-based wood products has led to resurgence of soy-based adhesives demand. Hydrolyzed soy proteins added to phenol formaldehyde resins provide reduced costs without degrading performance.

Furniture is also expected to remain a major application for the product. Growing investment on high-end, branded furniture by the consumers is expected to positively affect the market. Major trends affecting the industry are sustainability, digitalization, and integration of home electronics into work & home furniture. These factors have facilitated innovation and new product development in the market.

Wood-based panel manufacturers primarily focus on producing in-house urea-formaldehyde adhesives owing to their low cost. However, established players in the adhesive industry who are involved in supplying their products to the furniture industry focus on establishing innovative solutions for their customers. For instance, Henkel introduced a wood adhesive called Technomelt PW 863 based on polyolefin in 2019. The product is intended for lamination of wood-based panels on industrial scale.

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

Further key findings from the report suggest:

• Urea-formaldehyde (UF) dominated the market with a volume share of 42.5% in 2018 Due to its low cost
• Soy-based adhesives are predicted to witness the fastest growth, in terms of revenue, with a CAGR of 7.5% from 2019 to 2025. The environmental advantages offered by the product is estimated to play a key role for its increasing demand
• Flooring is estimated to be the fastest growing application, in terms of revenue, with a CAGR of 5.4% from 2019 to 2025. Increasing construction spending and the rise in demand for luxurious and comfortable flooring is expected to facilitate the segment growth
• Plywood held the largest share in the wood adhesive consumption, with a volume share of 29.5% in 2018. High stability, impact resistance, and chemical resistance offered by plywood is a crucial factor for its dominance in the market.
• Asia Pacific dominated the wood adhesives market with a volume share of 57.8% in 2018 owing to the extensive engineered wood-based panel production in the region
• In October 2018, Bostik expanded its engineering adhesives business by completing the acquisition of Afinitica, a Spanish manufacturer of instant adhesives for automotive, electronics, and woodworking industries. This acquisition was planned to enable Bostik to solidify its position in high growth potential markets.

Grand View Research has segmented the global wood adhesives market on the basis of product, application, substrate, and region

Wood Adhesives Product Outlook (Revenue, USD Million, Volume, Kilotons, 2014–2025)

• Urea-formaldehyde (UF)
• Melamine urea-formaldehyde (MUF)
• Phenol-formaldehyde (PF)
• Isocyanates
• Polyurethane
• Polyvinyl acetate (PVA)
• Soy-based
• Others

Wood Adhesives Application Outlook (Revenue, USD Million, Volume, Kilotons, 2014–2025)

• Flooring
• Furniture
• Doors & windows
• Housing components
• Others

Wood Adhesives Substrate Outlook (Revenue, USD Million, Volume, Kilotons, 2014–2025)

• Solid wood
• Oriented strand board (OSB)
• Plywood
• Particle board (PB)
• Medium density fiberboard (MDF)
• High density fiberboard (HDF)
• Others

Engineering Adhesive Market Size Worth $31.67 Billion By 2025 | CAGR of 7.2% from 2019 to 2025

 The global engineering adhesives market size is expected to reach USD 31.67 billion by 2025, according to a new report by Grand View Research, Inc. registering a CAGR of 7.2% over the forecast period. Increased focus on renewable energy mainly from the wind sector is anticipated to create new avenues for industry participants.

Engineering adhesives have a high demand in battery and storage systems, blades and other renewable applications. Many governments have started adopting new policies and schemes to improve energy output from the renewable sector. This is likely to benefit engineering adhesives demand over the coming years. China is one of the leading consumers of energy and also contributes heavily to global pollution. This has led to increasing the renewable energy capacity in the country. As per data published by the Global Wind Energy Council, China’s onshore installed capacity for wind sector accounted for 21,200 MW in 2018 which is highest in the global market.

Industry participants are looking for new regional markets through expansion and various inorganic growth strategies. For instance, recently in March 2019 H. B. Fuller announced its expansion in Japan. The company has established as H.B. Fuller Japan G.K. This strategy will help the company to strengthen its business in the regional market by focusing on new applications and reactive adhesives.

The automotive industry is one of the largest consumers of bonding products in the global market. Continuous production along with a focus on weight reduction in vehicles is likely to contribute to the demand of products. Advancement in technology has assisted in the production of innovative adhesive products where they can replace mechanical fasteners.

Electrical & electronics segment is anticipated to grow at a lucrative pace during the forecast period. Demand from computers, laptops, smartphones, and consumer electronic products are the key driving factors for the industry. Applications such as potting and masking in electronics require various type of products with electrical properties. The demand for such products is likely to surge owing to the growing population and increasing income levels.

Asia Pacific is projected to witness significant demand for the products. Manufacturers are also shifting their production facilities in emerging countries including China, Taiwan, India, Philippines, and Indonesia. Shifting trend towards lightweight vehicles is anticipated to remain a key driver for the regional market.

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

Further key findings from the report suggest:

• In terms of volume, epoxies has emerged as the largest application in 2018 on account of growing penetration and increasing demand from end-use industries
• In terms of revenue, polyurethanes segment is anticipated to grow at pace of 7.5% over the next seven years. Demand for bonding in substrates such as metal, wood and glass is likely to assist the market growth
• In terms of revenue, energy application is projected to grow at fastest CAGR of 8.2% during forecast period. The growth of the segment is attributed to increasing installed capacity for wind energy
• North America was valued at USD 4.37 billion in 2018. Growing production of electronics and aircraft industries is likely to benefit the engineering adhesive market
• Asia Pacific held 47.8% share in 2018 in terms of volume and is anticipated to grow at a lucrative pace on account of expansion of end-use industries such as electronics, automotive, and construction
• Inorganic growth is one of the key strategy for market vendors. They are focusing on increasing production capacities mainly in emerging countries. Another focus area is new product development and increase in R&D investments. Key players in the industry includes 3M, H.B. Fuller, Henkel AG, Huntsman Corporation, Ashland and Permabond LLC.

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

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

• Epoxies
• Polyurethanes
• Cyanocrylates
• Methacrylates
• Others

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

• Transportation
• Construction
• Electrical & Electronics
• Energy
• Others

Retinal Implant Market Size Worth $74.7 Million By 2026 | CAGR 10.6%

 February 2022 | Report Format: Electronic (PDF)

The global retinal implant market size is expected to reach USD 74.7 million by 2026, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 10.6% over the forecast period. Increasing prevalence of target diseases, and rising geriatric population are the key driving factors for the market. Rising capability of restoring vision is anticipated to bode well for demand over the forecast period.

Laser therapy and Photodynamic Therapy (PTD) and some of the conventional treatments available for Retinitis Pigmentosa (RP) and Age-Related Macular Degeneration (AMD). Drugs such as Lucentis, Macugen, Eylea, and Vitamin A are a part of therapeutic treatment. Such treatments aid in reducing disease progression and thereby, delaying blindness. However, none of these treatments can completely cure the disease and restore vision. As a result, treatment procedures that restore vision are highly in demand.

Currently approved devices are capable of restoring vision with the help of electrodes, camera chips, lenses, software, and other tools. Moreover, implantable miniature telescope, Argus II is easy to use and enables patients to carry out their daily activities with ease. Furthermore, these devices can be used for a prolonged period of time, eliminating the need for another surgery. Therefore, the capability of advanced implantable devices to restore vision is expected to propel the market growth in near future.

Increasing geriatric population and rising disposable income in developing economies such as Japan, China, and India are also expected to boost the retinal implant market over the forecast period. Moreover, increasing healthcare expenditure by governments and private sectors and initiatives by major market players to operate in untapped regions are also anticipated to propel the growth in the forthcoming years.

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

Further key findings from the study suggest:

• In terms of revenue, implantable miniature telescope segment is projected to expand at the highest CAGR over the forecast period. Increasing prevalence of AMD among geriatric population and usage of implantable devices to treat vision problems might drive the segment’s growth over the forecast period
• In 2026, Asia-Pacific market is expected to witness the fastest CAGR over the forecast period owing to increasing geriatric population and disposable income
• VisionCare, Inc.; Retina Implant AG; and Second Sight Medical Products, Inc. are expected to dominate the retinal implant market over the forecast period.

Grand View Research has segmented the global retinal implant market on the basis of device type and region:

Retinal Implant Device Type Outlook (Revenue USD Million; 2014–2026)

• Retina Implant Alpha AMS
• Implantable Miniature Telescope
• Argus II
• Others

Omicron Impact on Paper Diagnostics Market Is Forecast To Reach $10.50 Billion By 2025

 The global paper diagnostics market size is estimated to reach USD 10.50 billion by 2025, according to a new report by Grand View Research, Inc, rising at a CAGR of 8.0% during the forecast period. Increasing prevalence of diseases such as cancer, autoimmune diseases, and inflammatory diseases is one of the key factors expected to fuel the demand for novel and rapid diagnostics techniques, thereby driving the market during the forecast period. For instance, as per the American Cancer Society, in 2018, around 1.7 million new cancer cases are likely to be diagnosed and 609,640 individuals are poised to die due to cancer. The number of cancer cases is projected to rise by around 70.0% over the next two decades. This trend is anticipated to help the market gain momentum during the forecast period.

Rising R&D investments, technological advancements, and new product launches are the key growth strategies incorporated by companies to cater to rising needs. ARKRAY Inc.; Acon Laboratories, Inc.;Abbott; Bio-Rad Laboratories; Siemens healthcare; Abcam Plc; and Abingdon Health are some of the players focusing on new product development by rising R&D investments. For instance, in March 2017, ARKRAY Inc. launched saliva testing system, capable of measuring cariogenic bacteria, acidity & buffer capacity, occult blood, leukocyte & proteins, and ammonia from saliva. Moreover, in May 2017, ACON Laboratories, Inc. received U.S. FDA approval for its “Mission Urine Reagent Strips” for detection of Microalbumin and Creatinine.

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

Further key findings from the report suggest:

• Introduction of technologically advanced paper based diagnostic products, which offer sensitive and rapid results, is estimated to boost market growth over the forecast period
• Development of paper-based ELISA for detection of autoimmune antibodies in body fluid is expected to bolster the demand for technologically advanced & upgraded lateral flow assays over the forecast period
• Lateral flow assays held a significant share in the market in 2017, owing to wide application in disease diagnostics and associated advantages such as robust & rapid results, sensitivity, ease of use, and cost efficiency
• Paper based diagnostic devices are widely used as point-of-care diagnostics. Increasing inclination towards these devices can be attributed to advent of wax patterning technology, facilitating greater flexibility and adaptability
• In terms of application, the clinical diagnostics segment is likely to witness lucrative growth during the same period. Rising awareness regarding their benefits such as improved control and rapid results and growth prospects in area of nanomaterial & biomolecules are contributing to the growth of the segment
• In 2017, North America was the most prominent regional market, owing to surging demand for self-testing devices coupled with well-established healthcare infrastructure
• Market leaders are involved in R&D activities to develop accurate, cost efficient, and sensitive paper based microfluidics. Focus on mergers and acquisitions, consistent system upgradation through R&D investments and fund raising are some of the key strategies adopted by players.

Grand View Research has segmented the global paper diagnostics market on the basis of product, devices type, application, end-use, and region:

Paper Diagnostics Product Outlook (Revenue, USD Million, 2014–2025)

• Lateral Flow Assays
• Dipsticks
• Paper Based Microfluidics

Paper Diagnostics Device Type Outlook (Revenue, USD Million, 2014–2025)

• Diagnostic Devices
• Monitoring Devices

Paper Diagnostics Application Outlook (Revenue, USD Million, 2014–2025)

• Clinical Diagnostics
• Cancer
• Infectious diseases
• Liver Disorders
• Other
• Food Quality Testing
• Environmental Monitoring

Paper Diagnostics End-use Outlook (Revenue, USD Million, 2014–2025)

• Home Healthcare
• Assisted Living Healthcare Facilities
• Hospital and Clinics