Uncategorised – Page 30 – Market Industry Forecast News

Cognitive Radio Market: Software Segment Is Expected To Witness A Cagr Of Nearly 20.0%

Cognitive Radio Industry Overview

The global cognitive radio market size was valued at USD 5.5 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 18.6% from 2022 to 2030. The promising growth prospects of the market can be credited to the evolution of the latest technologies, such as 5G, and the increased adoption of cognitive radios in defense and government organizations. Optimized spectrum usage and power consumption have led organizations to adopt cognitive radios to meet technological requirements.

Integrating cognitive radios with cloud computing and the internet of things (IoT) is expected to play a significant role in adopting cognitive radios. IoT devices have gained traction in the world of communication in recent years as the devices are being combined with the internet for operations. IoT devices are expected to collect or exchange data using limited resources, wherein spectrum utilization is one of the critical aspects. The cognitive radio plays a vital role in wireless communication as it uses the vacant part of the spectrum for a wireless communication system. The integration with cloud computing helps improve the performance of cognitive radio networks without affecting security, and the integration also enhances the accessibility of the platform.

Gather more insights about the market drivers, restrains and growth of the Global Cognitive Radio market

The emergence of 5G technology is expected to play a crucial role in driving the global growth of the market for cognitive radio. The increasing adoption of mobile phones, advancements in wireless communication devices, and continuous surging data traffic, data traffic, and improved network performance in data capacity, energy utilization, bandwidth utilization, delay, throughput, and cost have led to the emergence of the 5G network.

Browse through Grand View Research’s Next Generation Technologies Industry Research Reports.

Cannabis Technology Market – The global cannabis technology market size was valued at USD 3.87 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 25.3% from 2023 to 2030. The increasing research on the use of cannabis and its medicinal properties has led to its increased use to treat various chronic conditions.

Online Movie Ticketing Services Market – The global online movie ticketing services market size was valued at USD 17,589.7 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.5% from 2023 to 2030. The growth can be credited to the increasing consumer preference for online booking services over traditional ones.

Cognitive Radio Market Segmentation

Grand View Research has segmented the global cognitive radio market based on component, application, end-use vertical, and region:

Cognitive Radio Component Outlook (Revenue, USD Million, 2018 – 2030)

Hardware
Software
Services

Cognitive Radio Application Outlook (Revenue, USD Million, 2018 – 2030)

Cognitive Routing
Location Tracking
Spectrum Allocation
Spectrum Analysis
Spectrum Sensing

Cognitive Radio End-use Vertical Outlook (Revenue, USD Million, 2018 – 2030)

Government and Defense
Telecommunication
Transportation
Others

Cognitive Radio Regional Outlook (Revenue, USD Million, 2018 – 2030)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)

Market Share Insights:

October 2021: Sierra Nevada Corporation (SNC) and BAE Systems partnered to secure the contract for the Global High-altitude Open-system Sensor Technology (GHOST) program to deliver a next-generation prototype design for the open architecture signals intelligence technology to the U.S. Air Force.

Key Companies profiled:

Some of the prominent players in the global cognitive radio market include:

BAE Systems
Datasoft Corporation
EpiSys Science
Ettus Research
KNL Networks
Nutaq Incorporated
Raytheon Company
Rhode & Schwarz GmbH& Co KG
Shared Spectrum Company
Thales Group
xG Technology

Order a free sample PDFof the Cognitive Radio Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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Grand View Research, Inc.

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Cell And Gene Therapy Clinical Trials Market: North America Dominated The Global Revenue Share

Cell And Gene Therapy Clinical Trials Industry Overview

The global cell and gene therapy clinical trials market size was valued at USD 8222.4 million in 2022 and is anticipated to exhibit a compound annual growth rate (CAGR) of 14.80% from 2023 to 2030. The market is majorly driven by an increase in R&D funding, rising patient demand for innovative therapies, growing interest in cell and gene therapies for cancer treatment, and a favorable regulatory environment. Cell and gene therapy (CGT) represents a new frontier in the fight against many deadly diseases, including rare genetic disorders and cancers. It represents the new wave of innovation in the life sciences industry. The COVID-19 pandemic reduced the number of gene therapy clinical trials in the early 2020s as the majority of studies were focused on treating and diagnosing COVID-19.

In 2021, global data stated that the percentage of gene therapy clinical studies increased significantly as compared to previous years, as many researchers are now shifting their focus to gene therapy due to its potential in treating cancer and other rare diseases. This shift is expected to boost the market growth in the coming years. Patients can look forward to the next generation of cell & gene treatments as an alternate therapy choice or tailored medication. In addition, when compared to small-molecule drugs, these medications have a higher success rate. This is because CGT focuses on specific disease causes rather than broad targets like small-molecule treatment.

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Between 2008 and 2018, CGT drugs had an R&D success rate of 11% from Phase I to launch, compared to 8.2% for small-molecule compounds. Substantial growth is happening in the size and sophistication of the companies entering the market. Many of the early movers in this market were small biotech startups. A significant interest was seen in the major biopharma firms. The majority of the large-sized pharmaceutical companies are now investing in CGT. For instance, Novartis, in December 2021, stated that it has signed an acquisition agreement with an ocular gene therapy company, Gyroscope Therapeutics.

This acquisition will strengthen Novartis’s position in ophthalmology gene therapy. Other noteworthy acquisitions include those of Kite Pharma by Gilead; Spark Therapeutics by Roche; and Celgene by Bristol-Myers Squibb. Interest in the CGT field has grown gradually since technological advancements in 2000. There were only about 20 FDA-approved Biologics License Applications (BLAs) for cell-based therapeutics in the 20 years, between 1997 and 2017. The FDA, in 2019, stated that it projects to approve 10 to 20 new BLAs for cell therapy products each year in the U.S. alone by 2025. The U.S. FDA has also improved the approval of CGT in recent years.

For instance, in May 2022, the FDA gave the third approval for CAR T Cell Therapy, developed by Penn Medicine for the treatment of relapsed or Refractory Follicular Lymphoma (FL) in adults. Such approvals are expected to increase the demand for research in CGT, thereby boosting the market growth. CGT is not only used in treating cancer but also has gained importance in treating COVID-19. The FDA approved BioCardia’s Investigational New Drug (IND) application in April 2022, allowing the company to initiate Phase I/II clinical trial of BCDA-04 in adults recovering from COVID-19-linked Acute Respiratory Distress Syndrome (ARDS). Such approvals are likely to support market growth.

Browse through Grand View Research’s Medical Devices Industry Research Reports.

Bioequivalence Studies Market – The global bioequivalence studies market size was valued at USD 679.8 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.3% from 2023 to 2030. Increasing demand for generics and biosimilars is one of the key factors augmenting the growth of the market for bioequivalence studies.

Heart-lung Machine Market – The global heart-lung machine market size was valued at USD 2.18 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.9% from 2023 to 2030. The cardiopulmonary bypass (CPB) machine, also known as the heart-lung machine, is a device utilized in cardiac surgeries to take over the functions of the heart and lungs temporarily.

Cell And Gene Therapy Clinical Trials Market Segmentation

Grand View Research has segmented the global cell and gene therapy clinical trials market into phase, indication, and region:

Cell And Gene Therapy Clinical Trials Phase Outlook (Revenue, USD Million, 2018 – 2030)

Phase I
Phase II
Phase III
Phase IV

Cell And Gene Therapy Clinical Trials Indication Outlook (Revenue, USD Million, 2018 – 2030)

Oncology
Cardiology
CNS
Musculoskeletal
Infectious Diseases
Dermatology
Endocrine, Metabolic, Genetic
Immunology & Inflammation
Ophthalmology
Hematology
Gastroenterology
Others

Cell And Gene Therapy Clinical Trials Regional Outlook (Revenue, USD Million, 2018 – 2030)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)

Market Share Insights:

April 2022: Labcorp, collaborated with, Xcell Biosciences, to support the company in developing CGTs for treating cancer, Parkinson’s, and other rare diseases.

Key Companies profiled:

Some prominent players in the global cell and gene therapy clinical trials market include:

IQVIA
ICON Plc
Laboratory Corporation of America Holdings
Charles River Laboratories International, Inc.
PAREXEL International Corp.
Syneos Health
Medpace Holdings, Inc.
PPD Inc.
Novotech
Veristat, LLC

Order a free sample PDFof the Cell And Gene Therapy Clinical Trials Market Intelligence Study, published by Grand View Research.

About Grand View Research

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Grand View Research, Inc.

Phone: 1-415-349-0058

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Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Bake Stable Pastry Fillings Market: Asia Pacific is Expected To Register The Fastest Growth Rate

Bake Stable Pastry Fillings Industry Overview

The global bake stable pastry fillings market size was valued at USD 1.25 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 6.4% from 2022 to 2030. The rising preference for chocolate, fruit, and nut fillings in bakery products, such as pastries, cakes, and cookies, has widened the scope for baked pastry fillings in the market. Moreover, the growing consumer preference for baked and confectionery products is a key factor driving the global demand. The COVID-19 pandemic has slowed down the sales of a large number of everyday products, including bakery products and bake-stable pastry fillings.

It has been a major challenge for manufacturers and sellers to maintain product sales in a way that is both legally mandated and accepted by the community. The overall economic slump within the food industry as a whole has also trickled down to the market. The demand for pastry fillings with bake-stable properties is expected to witness significant growth over the forecast period due to the increasing consumer interest in different flavors. Moreover, the growing preference for fruit flavors in sweets and desserts has increased consumers’ spending on baked food products, particularly bake-stable-filled pastry products. Innovative fruit flavors, such as cherry, pomegranate, and banana, have influenced consumers to indulge in and experiment with unique flavors.

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The gluten-free, sugar-free, and low-fat filling category is anticipated to exhibit a high growth rate over the forecast period owing to the shift in consumers’ eating habits as well as raising awareness regarding the health benefits of certain foods. Bake-stable food manufacturers are marketing reduced sugar and calories on their labels to meet the ever-increasing demand for less added sugars in bake-stable fillings. Rapid urbanization and increasing purchasing power of consumers across the globe have also allowed consumers to spend on prepared and readymade food products that allow quick food preparation, particularly for breakfast.

Thus, expenditure on confectionery products, such as cakes, bake-stable pastries, and tarts, is rising across the globe. Moreover, manufacturers focus on product innovation and launch keeping in mind consumers’ interests and the combination of different pastry flavors. For instance, in January 2020, British Bakels, a bakery ingredients company, expanded its vegan offerings with the introduction of bake-stable fillings. These filings are available in orange, lemon, chocolate, and caramel flavors. The ready-to-use fillings can be injected into muffins, doughnuts, pastries, cupcakes, and small fine sweet goods. The fillings took the Bakels’ range of vegan-suitable ingredients close to 100.

Browse through Grand View Research’s Consumer F&B Industry Research Reports.

Meat Extract Market – The global meat extract market size was valued at USD 15.97 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.3% from 2023 to 2030. The market is anticipated to be driven by changing global diet trends, market developments, and R&D initiatives taken by major companies in the food sector leading to economic growth in the industry.

Brewer’s Yeast Market – The global brewer’s yeast market size was valued at USD 5,812.31 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.6% from 2023 to 2030. Rising demand for products such as dairy, meat, and eggs has spurred demand for animal feed production, globally.

Bake Stable Pastry Fillings Market Segmentation

Grand View Research has segmented the global bake stable pastry fillings market on the basis of product and region:

Bake Stable Pastry Fillings Type Outlook (Revenue, USD Million, 2017 – 2030)

Chocolate
Fruits
Nuts
Others

Bake Stable Pastry Fillings Regional Outlook (Revenue, USD Million, 2017 – 2030)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)

Market Share Insights:

September 2021, German packaged food major, Dr. Oetker, acquired an Indian start-up, Kuppies, to expand its presence in the ready-to-eat (RTE) segment in India. The Indian units of the multinational company will be using Kuppies’ manufacturing unit, its innovation center, and the brand to grow its presence in RTE cakes and desserts in the local market
In March 2021, Dawn Foods acquired JABEX, a Polish family-owned manufacturer specializing in high-quality fruit-based products for the bakery industry. This strategic acquisition was aimed at expanding Dawn Foods’ global manufacturing footprint and strengthening its operations and supply chain in Central & Eastern Europe.

Key Companies profiled:

Some of the key players operating in the global bake stable pastry fillings market include:

Dr. Oetker GmbH
Puratos Group
Avebe
Dawn Foods
Andros North America
Herbstreith & Fox GmbH & Co. KG
Barker Fruit Processors Ltd.
Fábrica de Mermeladas S.A. de C.V.
Kandy
Mala’s

Order a free sample PDFof the Bake Stable Pastry Fillings Market Intelligence Study, published by Grand View Research.

About Grand View Research

Contact:

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Grand View Research, Inc.

Phone: 1-415-349-0058

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Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Wheelchair Market: North America Dominated With A Revenue Share

Wheelchair Industry Overview

The global wheelchair market size was valued at USD 4.8 billion in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 7.2% from 2023 to 2030. The market has witnessed a decline in 2020 during the COVID-19 pandemic due to the disrupted supply chain and operations in different regions. The rising geriatric population and the increasing number of spinal cord injuries which needs mobility assistance are some of the major factors driving the market growth. According to the National Spinal Cord Injury Statistical Center, around 17,730 new spinal cord injuries occur in the U.S. every year, with vehicular crashes being the leading cause of injury. Thus, the U.S. stands as a key market for the wheelchair. The COVID-19 pandemic had significantly affected the transport and mobility sector. It had disrupted the supply channel of the wheelchair to a great extent.

Wheelchair operations were halted across several countries owing to strict lockdowns being implemented. Hospitals have witnessed consistent demand owing to a spike in the number of elderly populations getting admitted due to the COVID-19 infection. With the revised COVID-19 restrictions, companies are expected to resume operations. The demand for wheelchairs is expected to increase on account of the prevalence of chronic disease, rising geriatric population, and increased risk of lifestyle-associated disorders among a wide population due to the rising incidences of obesity and sedentary lifestyle.

Gather more insights about the market drivers, restrains and growth of the Global Wheelchair market

Developing countries such as India are expected to be key revenue generators for wheelchair manufacturers over the forecast period. The country has one of the highest rates of road accidents at a global level, leaving several people disabled. It also has one of the highest disabled populations at a global level. In terms of availability and adoption, the country is still at the nascent stage, however, with the supportive government initiatives and growing awareness among consumers, the demand for wheelchairs is expected to boost in the years to come.

Evolving technological advancements in wheelchair designs are a key trend expected to drive future sales for the market. The launch of battery-operated electric wheelchairs is expected to assist the users to a better extent. Additionally, with the improvement in the design, the wheelchairs are now capable of storing and connecting the device with the patient’s medical history, and even monitoring the health of the users. In March 2020, Invacare Corporation launched an AVIVA FX Power Wheelchair. It is designed with a blend of new technologies for providing better comfort and can be used both indoors and outdoors.

Browse through Grand View Research’s Medical Devices Industry Research Reports.

Drug-coated Balloon Catheter Market – The global drug-coated balloon catheter market size was valued at USD 642.0 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.0% from 2023 to 2030. The drug-coated balloon catheters are also known as drug-eluted balloon catheters which are designed to dilate the stenotic coronary artery and used in the treatment of in-stent restenosis (ISR).

Regulatory Affairs Market – The global regulatory affairs market size was valued at USD 13.9 billion in 2022 and isexpected to grow at a compound annual growth rate (CAGR) of 8.7% over the forecast period.

Wheelchair Market Segmentation

Grand View Research has segmented the global wheelchair market report based on product, category, end-use, and region:

Wheelchair Product Outlook (Revenue, USD Million, 2018 – 2030)

Manual
Electric

Wheelchair Category Outlook (Revenue, USD Million, 2018 – 2030)

Adult
Pediatric

Wheelchair End-use Outlook (Revenue, USD Million, 2018 – 2030)

Homecare
Hospitals
Ambulatory Surgical Centers
Rehabilitation Centers

Wheelchair Regional Outlook (Revenue, USD Million, 2018 – 2030)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)

Market Share Insights:

July 2021: Sunrise Medical launched the QUICKIE Nitrum ultra-light wheelchair which offers the highest rigidity and strength. Wheelchair manufacturers had to halt their operations during the COVID-19 pandemic.

Key Companies profiled:

Some of the prominent players in the wheelchair market include:

Carex Health Brands, Inc.
Drive Medical Design & Manufacturing
Graham-Field Health Products Inc.
Invacare
Medline
Sunrise Medical LLC
Karman Healthcare
Quantum Rehab
Numotion
Pride Mobility Products Corp.
Seating Matters

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Grand View Research, Inc.

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Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Catheter Stabilization Devices Market: North America Dominated With The Highest Revenue Share

Catheter Stabilization Devices Industry Overview

The global catheter stabilization devices market size was valued at USD 1.2 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 7.3% during the forecast period 2022-2030. Factors such as increasing demand for minimally invasive surgeries; high prevalence of lifestyle diseases, such as cardiovascular diseases, renal failure, & cancers; increase in the number of surgeries that may require these devices for postoperative care; and an increase in need to reduce catheter-associated complications & infections are expected to drive the market. Population aging also contributes to an increased need for use of these devices. The World Health Organization (WHO) declared the COVID-19 to be an emergency health crisis. The healthcare industry had been badly impacted by the pandemic issue. Intubation was one of the most important procedures for handling COVID-19 patients.

The rise in the number of corona patients had increased the demand for ventilators, intubation, & ventilation stabilization equipment such as catheter stabilization devices. IVIG (Intravenous immunoglobin) was used as supportive therapy for COVID 19 patients. which adds to the increased demand for catheter stabilizing equipment to lessen the risks associated with catheter movement.

However, due to the relaxation of COVID-19 lockdown restrictions, the opening of production plants, and ongoing patient visits, the health service has resumed its normal pace. The Catheter Stabilization sector is expected to return to normal in the near future as a result of the recent introductions of Catheter Stabilization/Security devices.

Gather more insights about the market drivers, restrains and growth of the Global Catheter Stabilization Devices market

The use of intravascular catheters is an integral part of modern healthcare across the globe. These have become an essential component in hospitals & clinics with a rise in their usage. 3M in one of its articles stated that hospitals and clinics purchase more than 150 million of these devices each year for the administration of medications, IV fluids, parenteral nutrition, and hemodynamic status monitoring. It also estimates that more than 5 million central intravascular catheters are placed every year. The prevalence of urinary diseases, such as cystitis, urinary retention, urinary incontinence, benign prostate hyperplasia, kidney stones, and other diseases & disorders that lead to bladder dysfunction, is constantly increasing. The National Association for Continence states that around 25 million people in the U.S. suffer from some form of incontinence. The demand for these devices for the management of patients suffering from urinary diseases is increasing. Thus, the growing use of these globally in various application areas is anticipated to ultimately contribute to the increasing usage of stabilization devices.

The Joint Commission in its monograph, “A Global Challenge, A Global Perspective”, states that an estimated 80,000 Central Line-Associated Bloodstream Infections (CLABSIs) occur in ICUs each year in the U.S. The number increases to 250,000 cases of CLABSIs each year if patients outside the IUs are included as well. An increase in cases of such infections is one of the key factors driving the need for their proper and effective securement. The CDC recommends the use of securement devices to reduce the risk of intravascular catheter-related infections. Australia and New Zealand Urological Nurses Society (ANZUNS) in its catheterization clinical guidelines recommends that the best practice for the management of indwelling catheters is the usage of a securement device.

Browse through Grand View Research’s Medical Devices Industry Research Reports.

Ophthalmic Clinical Trials Market – The global ophthalmic clinical trials market size was valued at USD 1.5 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.6% from 2023 to 2030. Increasing demand for ocular treatment therapies is one of the key factors augmenting the growth of the ophthalmic clinical trials market.

Wearable Medical Device Market – The global wearable medical device market size was valued at USD 26.8 billion in 2022. It is expected to grow at a compound annual growth rate (CAGR) of 25.7% from 2023 to 2030. The growth of industries such as home healthcare and remote patient monitoring devices is anticipated to influence market growth.

Catheter Stabilization Devices Market Segmentation

Grand View Research has segmented the catheter stabilization devices market based on products, end-use, and region:

Catheter Stabilization Devices Products Outlook (Revenue, USD Million, 2017 – 2030)

Arterial Securement Devices
Central Venous Catheter Securement Devices
Peripheral Securement Devices
Urinary Catheter Securement Devices
Chest Drainage Tube Securement Devices
Other Securement Devices

Catheter Stabilization Devices End-use Outlook (Revenue, USD Million, 2017 – 2030)

Hospitals
Homecare Settings
Others

Catheter Stabilization Devices Regional Outlook (Revenue, USD Million, 2017 – 2030)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)

Market Share Insights:

November 2021: CATHETRIX, an advanced manufacturer of urinary (Foley) smart catheter fixations, demonstrated their novel catheter stabilizer for preventing UTIs and unexpected Foley catheters extractions at MEDICA 2021 in Dusseldorf, Germany.

Key Companies profiled:

Some of the prominent players operating in the global catheter stabilization devices market include:

C.R. Bard, Inc.
Baxter
3M
Centurion Medical Products
B Braun Melsungen AG
Merit Medical
Systems, Inc.
ConvaTec, Inc.
TIDI Products LLC
Smith’s Medical

Order a free sample PDFof the Catheter Stabilization Devices Market Intelligence Study, published by Grand View Research.

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Grand View Research, Inc.

Phone: 1-415-349-0058

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Email: sales@grandviewresearch.com

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Desktop 3D Printing Market: Stereolithography Segment is Expected To Witness A Significant CAGR Of 20.5%

Desktop 3D Printing Industry Overview

The global desktop 3D printing market size has reached USD 2.23 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 21.0% from 2022 to 2030. The emerging applications of additive manufacturing, as well as the increasing need for rapid prototyping and advanced manufacturing in several verticals, are driving the expansion of desktop 3D printers worldwide. Market expansion is anticipated to be hampered by material limits, machinery limitations, and intellectual property concerns. Increased demand for rapid prototyping has allowed manufacturers to design and build efficient products and systems. These factors are expected to collectively drive the market during the projected period.

Gather more insights about the market drivers, restrains and growth of the Global Desktop 3D Printing market

Furthermore, the simplicity of production and additional benefits provided by 3D printing technology are vital drivers in the widespread acceptance of 3D printing technology across numerous verticals. Prototyping, structural design of structures and end products, modeling, and improved time to market are advantages of 3D printing for manufacturers. It has significantly reduced manufacturing costs, allowing manufacturers to provide superior products at affordable prices.

Browse through Grand View Research’s Next Generation Technologies Industry Research Reports.

Virtual Fitting Room Market – The global virtual fitting room market size was valued at USD 3.78 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 24.1% from 2023 to 2030.The emergence of Virtual Reality (VR) and Augmented Reality (AR) technology in virtual fitting room solutions, offering enhanced realism and immersion, is expected to boost market expansion significantly.

Household Cooking Appliance Market – The global household cooking appliance market size was valued at USD 238.16 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.1% from 2023 to 2030. Changing dietary preferences, sustained growth of nuclear families, and a growing percentage of employed women and independent professionals are offering numerous growth opportunities in the market.

Desktop 3D Printing Market Segmentation

Grand View Research has segmented the global desktop 3D printing market based on component, technology, software, application, vertical, material, and region:

Desktop 3D Printing Component Outlook (Revenue, USD Million, 2017 – 2030)

Hardware
Software
Services

Desktop 3D Printing Technology Outlook (Revenue, USD Million, 2017 – 2030)

Stereolithography
Fuse Deposition Modelling
Selective Laser Sintering
Digital Light Processing
Laminated Object Manufacturing
Others

Desktop 3D Printing Software Outlook (Revenue, USD Million, 2017 – 2030)

Design Software
Inspection Software
Printer Software
Scanning Software

Desktop 3D Printing Application Outlook (Revenue, USD Million, 2017 – 2030)

Prototyping
Tooling
Functional Parts

Desktop 3D Printing Vertical Outlook (Revenue, USD Million, 2017 – 2030)

Education
Fashion & Jewellery
Objects
Dental/Healthcare
Food
Others

Desktop 3D Printing Material Outlook (Revenue, USD Million, 2017 – 2030)

Plastic
Metal
Ceramic

Desktop 3D Printing Regional Outlook (Revenue, USD Million, 2017 – 2030)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)

Market Share Insights:

March 2022: 3D Systems partnered with Enhatch, an AI-software application provider for medical surgeries. This partnership will allow the integration of AI with 3D System’s patient-specific solutions comprising services such as advanced software, custom implant, and instrumentation design, expert treatment planning, and manufacturing processes

Key Companies profiled:

Some prominent players in the global desktop 3D printing market include:

3D Systems, Inc.
3DCeram
Autodesk, Inc.
Canon, Inc.
Dassault Systèmes
EnvisionTEC
EOS (Electro-Optical Systems) GmbH
ExOne
GE Additive
Materialise NV
Proto Labs, Inc.
Shapeways, Inc.
Stratasys Ltd.
Voxeljet AG

Order a free sample PDFof the Desktop 3D Printing Market Intelligence Study, published by Grand View Research.

About Grand View Research

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Grand View Research, Inc.

Phone: 1-415-349-0058

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Email: sales@grandviewresearch.com

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Beef Market: Brisket Segment is Expected To Witness A Higher CAGR Of 5.8%

Beef Industry Overview

The global beef market size was valued at USD 467.7 billion in 2021 and is expected to progress at a compound annual growth rate (CAGR) of 4.8% from 2022 to 2030. With increasing globalization, the food preferences of consumers around the world have witnessed some significant changes. Consumers are increasing their protein intake, resulting in the rising demand for meat. Meat and its products are packed with a host of essential ingredients and nutrients and save a lot of time and effort in cooking. Therefore, manufacturers are primarily focusing on the quality of the meat and its products.

The COVID-19 pandemic has caused disruptions in the market. The limited availability of some meat products in retail stores resulted in a price rise. The COVID-19 outbreak has impacted numerous meat production facilities across the globe. These outbreaks affected a large number of plants, which led to the disruption of the supply chain, closure of some factories, and posed a substantial threat to the meat supply across regions. In May 2020, Cargill, Inc.’s beef processing plant in High River, Alberta was the largest factory outbreak in Canada. More than 1,000 cases were linked to the plant, and it was considered the single largest virus cause in North America.

Gather more insights about the market drivers, restrains and growth of the Global Beef market

Rising health consciousness among the masses, along with the increasing demand for animal-sourced protein, is one of the key factors driving the market. With changing dietary habits, consumer preferences are rapidly shifting toward food products with low fat and calorie content and high protein value. Additionally, the increasing utilization of beef in the food industry is favoring market growth. Beef-based burgers, hotdogs, sausages, fillets and steaks, and stews are widely served across cafes and restaurants to provide consumers with authentic and multi-cuisine dishes.

Some of the key factors propelling the demand for meat are the constantly rising income of middle-class consumers in the developing countries of Latin America and the Asia Pacific, as well as the significant demand for convenience foods among the working population and the younger generations who are keen on cooking at home. Over the past few years, the busy daily schedules of consumers have widened the market scope for ready-to-eat meat products across the globe.

Browse through Grand View Research’s Consumer F&B Industry Research Reports.

Meat Extract Market – The global meat extract market size was valued at USD 15.97 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.3% from 2023 to 2030.

Brewer’s Yeast Market – The global brewer’s yeast market size was valued at USD 5,812.31 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.6% from 2023 to 2030.

Beef Market Segmentation

Grand View Research has segmented the beef market based on cut, slaughter method, and region:

Beef Cut Outlook (Revenue, USD Billion, 2017 – 2030)

Brisket
Shank
Loin
Others

Beef Slaughter Method Outlook (Revenue, USD Billion, 2017 – 2030)

Kosher
Halal
Others

Beef Regional Outlook (Revenue, USD Billion, 2017 – 2030)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)

Market Share Insights:

February 2022: JBS, a global leader in protein-based food, presented at Gulfood 2022, the world’s largest annual food and beverage trade show, held in Dubai (United Arab Emirates).

July 2021: Israel-based cultured meat company Aleph Farms received USD 105 million in a Series B investment round, bringing its funding to date up to USD 119.4 million, according to Crunchbase.

Key Companies profiled:

Some of the prominent players in the beef market include:

Tyson Foods, Inc.
Danish Crown
Cargill Incorporated
Marfrig Global Foods S.A
NH Foods Ltd
Minerva Foods
St. Helen’s Meat Packers
Hormel Foods Corporation
JBS USA
National Beef Packing Company
LLC
Vion Food Group
Australian Agricultural Company Limited.

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Grand View Research, Inc.

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Email: sales@grandviewresearch.com

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Europe Electric Forklift Market: Pallet Trucks Segment Dominated With Revenue Share

Europe Electric Forklift Industry Overview

The Europe electric forklift market size was valued at USD 15.30 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 13.0% from 2022 to 2030. Increasing demand for electric forklifts from the chemical, food & beverage, and logistics sectors for material handling operations is expected to fuel the growth. Stringent government regulations for curbing GHG emissions from ICE forklifts are driving the demand for electric power forklifts from the industrial and construction sectors. This is expected to positively impact the target market growth.

Lift trucks help retailers store and distribute products in huge volumes, allowing them to gain a competitive advantage in their respective sectors. Thus, growing demand from several end-use industries is anticipated to drive market growth. The COVID-19 outbreak caused a slight slump in the industry’s growth. The government implemented a strict lockdown in the country which resulted in a shutdown of manufacturing facilities and even disruption in the supply chain of raw materials.

Gather more insights about the market drivers, restrains and growth of the Europe Electric Forklift market

However, in 2021, there was a sudden increase in demand for forklifts due to the resumption of construction activity for halted and new projects, which directly increased the demand for electric forklifts. The market is expected to witness growth similar to the pre-pandemic period in 2022 due to the release of backlog orders resulting from the pandemic and the rapid increase in demand from various industrial sectors such as food & beverages, retail, and construction. The developed economies such as the U.K. Germany, and France are investing heavily in infrastructure development projects which is augmenting the construction activities. For instance, the U.K. government published a document “National Infrastructure and Construction Pipeline” announcing a USD 899.0 billion infrastructure plan for the next 10 years.

The documents stated that USD 41.29 billion is allocated to social & economic projects, the transportation sector has been allocated USD 89 billion, and energy projects with USD 65 billion. Similarly, the government of the Netherlands allocated USD 704 million to boost economic growth. Owing to such infrastructure projects the demand for forklifts is expected to witness a rise over the forecast period. Government inclination toward attaining net-zero emission has been witnessing traction. Implementing various rules and regulations to lower pollution levels caused by ICE engines. This implementation of the net-zero strategy from the government is forcing auto manufacturers to shift toward developing electric power vehicles. For instance, in October 2021, the U.K. government set out a new Net Zero Strategy to eliminate harmful emissions by 2050.

Browse through Grand View Research’s Automotive & Transportation Industry Research Reports.

Automated Storage And Retrieval System Market – The global automated storage and retrieval system market size was valued at USD 5.71 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.8% from 2023 to 2030.

Leisure Boat Market – The global leisure boat market size was valued at USD 42.30 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.3% from 2023 to 2030.

Europe Electric Forklift Market Segmentation

Grand View Research has segmented the Europe electric forklift market based on product, battery type, end-use, and region:

Europe Electric Forklift Product Outlook (Revenue, USD Billion, 2018 – 2030)

Counterbalanced
Pallet Trucks
Reach Trucks
Pallet Stackers
Others

Europe Electric Forklift Battery Type Outlook (Revenue, USD Billion, 2018 – 2030)

Li-ion
Others (Lead-acid and hydrogen fuel cell)

Europe Electric Forklift End-use Outlook (Revenue, USD Billion, 2018 – 2030)

Chemical
Food & Beverage
Industrial
Logistics
Retail & E-commerce
Others

Europe Electric Forklift Regional Outlook (Revenue, USD Billion, 2018 – 2030)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)

Market Share Insights:

July 2021: Hangcha Group Co., Ltd. launched an electric forklift truck with a 2.0-3.5 ton weight capacity, equipped with high voltage lithium-ion batteries (309 V). This truck series is expected to charge fully within one hour and have a running capacity of up to 12 hours.

Key Companies profiled:

Some prominent players in the Europe electric forklift market include:

Anhui Heli Co., Ltd.
Clark
Crown Equipment Corporation
Hangcha Group Co., Ltd.
Hyster-Yale Materials Handling, Inc.
Jungheinrich AG
KION Group AG
Komatsu Ltd.
Mitsubishi Logisnext Co., Ltd.

Order a free sample PDFof the Europe Electric Forklift Market Intelligence Study, published by Grand View Research.

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Grand View Research, Inc.

Phone: 1-415-349-0058

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Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Process Spectroscopy Market Software Segment is Expected To Grow At The Highest CAGR

Process Spectroscopy Industry Overview

The global process spectroscopy market size was valued at USD 17.84 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.09% from 2022 to 2030. The total number of shipments was 691,500 units in 2021 which is expected to reach 1,361,573 units by 2030. The rising focus on matching the international standards for meeting the quality across the industries and increasing developments of handheld and portable instruments has contributed to the market growth across the globe. The market is expected to expand owing to the ability of spectrometers to analyze, monitor, and control processes along with identifying defects in the product materials and enhancing the quality of the product.

Process spectroscopy is a technique involving the application of spectroscopy which include studying the interaction between matter and electromagnetic radiation. The notable market growth can be accredited to the increasing adoption of spectroscopic techniques in the pharmaceutical and food & agriculture sectors. The growing awareness of quality food & drugs and various rules and regulations being imposed by the government & related organizations are the key factors expected to drive the growth of the global market.

Gather more insights about the market drivers, restrains and growth of the Global Process Spectroscopy market

Spectroscopy techniques have always been intense fields for researchers, aiming toward continuous up gradations and innovations, enhancing the techniques day by day. Their research and improvisations have led to numerous discoveries in a wide range of applications. The industries, such as pharmaceuticals, chemicals, oil & gas, and food & drug, have reached several considerable milestones, owing to the advancements in process spectroscopic techniques. The forensics department is another sector that has significantly benefitted through spectroscopic techniques.

Spectroscopy instrument is witnessing increased adoption in the pharmaceutical industry due to Process Analytical Technology (PAT) guidelines by the FDA framework. Raman spectroscopy instrument is popular in the pharmaceutical industry due to its low cost of analysis and high accuracy. It is witnessing a high demand from the agricultural industry owing to its ability to enable non-destructive extraction of physical and chemical data about the samples, helping to the faster analysis. The handheld and portable instruments are anticipated to gain market shares. These instruments use Wi-Fi connectivity to transfer the data to the connected device.

Browse through Grand View Research’s Next Generation Technologies Industry Research Reports.

Household Cooking Appliance Market – The global household cooking appliance market size was valued at USD 238.16 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.1% from 2023 to 2030.

Sports Analytics Market – The global sports analytics market size was valued at USD 1,136.9 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 25.1% from 2023 to 2030.

Process Spectroscopy Market Segmentation

Grand View Research has segmented the global process spectroscopy market based on technology, application, component, and region:

Technology Outlook (Shipment, Units; ASP, USD; Revenue, USD Billion, 2017 – 2030)

Molecular Spectroscopy
- NIR
- FT-IR

Raman

NMR
- Others
Mass Spectroscopy
Atomic Spectroscopy

Application Outlook (Revenue, USD Billion, 2017 – 2030)

Polymer
Oil & Gas
Pharmaceutical
Food & Agriculture
Chemical
Water & Wastewater
Pulp & Paper
Metal & Mining
Others

Component Outlook (Revenue, USD Billion, 2017 – 2030)

Hardware
Software

Regional Outlook (Revenue, USD Billion, 2017 – 2030)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)

Market Share Insights:

August 2021: Danaher Corporation announced that the company has acquired Aldevron. Aldevron would be branded within the Life Science segment of Danaher Corporation and operate as a standalone company.

Key Companies profiled:

Some prominent players in the global process spectroscopy market include:

ABB Group
Agilent Technologies, Inc.
Bruker
Buchi Labortechnik AG
Danaher Corporation
Foss
HORIBA, Ltd
Kaiser Optical Systems, Inc
Kett Electric Laboratory
Sartorius AG
Shimadzu Corporation
Thermo Fisher Scientific, Inc.
Yokogawa Electric Corporation

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Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

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Global Personal Mobility Devices Market Analysis Based On Product, End-Use And Region

Personal Mobility Devices Industry Overview

The global personal mobility devices market size was valued at USD 14.9 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 6.3% from 2022 to 2030. The market has witnessed a decline in 2020 during the COVID-19 pandemic due to the disrupted transportation of the devices. An increasing population, growing product development, and a rising number of accidents causing disabilities are some of the key factors driving the market for personal mobility devices. The rising geriatric population and cases of chronic diseases across the globe are the major factors contributing to market growth.

The COVID-19 pandemic negatively affected the global market as the demand and production of personal mobility devices were decreased and revenues of key players took a hit owing to the pandemic. For instance, the annual revenue of Invacare fell by 8.3% in 2020. However, the implementation of proactive steps and policies has created better opportunities for the market players owing to the ease in distribution systems due to revised COVID-19 restrictions in different regions. Government initiatives such as favorable reimbursement policies, for instance, the Medicare reimbursement program for purchased and rented devices are expected to drive the market for personal mobility devices.

Gather more insights about the market drivers, restrains and growth of the Global Personal Mobility Devices market

Few mobility devices, such as walkers, wheelchairs, canes, and crutches, are also covered under Medicare insurance Part B. The market players are also adopting various strategic initiatives such as a change in distribution footprints to reduce the transit time and freight charges. For instance, the net sales of Invacare Corporation increased by 2.6% from 2020 to 2021 owing to the cost improvement strategy in supply-chain and administrative functions and global IT modernization initiatives for optimizing the operations structure of the company.

In U.S., the personal mobility devices market, the walking aids product segment is expected to witness a CAGR of 6.1% over the forecast period. The Indian government has initiated the Scheme of Assistance to Disabled Persons to help in procuring sophisticated, durable and modern, scientifically manufactured, standard aids and medical devices to promote social, psychological, and physical rehabilitation of people with disabilities. Moreover, this provision is expected to assist in enhancing the economic potential for purchasing mobility devices. Assistive devices are given to public work departments to promote independent living and to reduce the extent of disability. Technological advancements in products are among the most important drivers for the market.

The introduction of advanced mobility scooters, transfer lifts, and automated rollators are expected to significantly improve the usage rates of mobility devices. For instance, Phoenix Instinct is the first lightweight wheelchair with smart technology which comes with a carbon fiber body and other life-enhancing features.

Browse through Grand View Research’s Medical Devices Industry Research Reports.

Regulatory Affairs Market – The global regulatory affairs market size was valued at USD 13.9 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.7% over the forecast period.

Drug-coated Balloon Catheter Market – The global drug-coated balloon catheter market size was valued at USD 642.0 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.0% from 2023 to 2030.

Personal Mobility Devices Market Segmentation

Grand View Research has segmented the global personal mobility devices market based on product, end-use and region:

Personal Mobility Devices Product Outlook (Volume, K Units; Revenue, USD Million, 2018 – 2030)

Medical Mobility Aids & Ambulatory Devices
- Wheelchairs
  - Manual wheelchairs
  - Powered Wheelchairs
- Scooters
  - Boot Scooters
  - Mid-size Scooters
  - Road Scooters
- Canes
  - Folding Canes
  - Qaud Canes
  - Offset Canes
- Crutches
  - Axillary Crutches
  - Elbow Crutches
  - Forearm Crutches
- Walkers
  - Standard Walkers
  - Knee Walkers
  - Rollators
Medical Furniture & Bathroom Safety Products
- Patients Lifts
  - Manual Lifts
  - Power Lifts
  - Stand up Lifts
  - Heavy Duty Lifts
  - Overhead Track Lifts
- Stair Lifts
  - Indoor Stair Lifts
  - Outdoor Stair Lifts
- Medical Beds
  - Electrical Beds
  - Manual Beds
- Bars & Railings
- Commodes & Shower Chairs

Personal Mobility Devices End-use Outlook (Revenue, USD Million, 2018 – 2030)

Hospital Settings
Home care Settings
Others

Personal Mobility Devices Regional Outlook (Volume, K Units; Revenue, USD Million, 2018 – 2030)

North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)

Market Share Insights:

June 2021: Rollz international launched a new Rollz Flex 2 rollator which provides better comfort, stability, and design to the user. This rollator is among the most innovative creations of the company.

Key Companies profiled:

Some of the prominent players in the global personal mobility devices market include:

Drive DeVilbiss Healthcare
GF Health Products, Inc.
Invacare Corporation
Carex Health Brands, Inc.
Kaye Products, Inc.
Briggs Healthcare
Medline Industries, Inc.
NOVA Medical Products
Performance Health
Rollz International

Order a free sample PDFof the Personal Mobility Devices Market Intelligence Study, published by Grand View Research.

About Grand View Research

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com