Canned Wines Market Supported by Growth of E-Commerce and Online Alcohol Sales

The global canned wines market was valued at USD 112.9 million in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 11.1% from 2025 to 2030. The rising preference for portable, convenient, and single-serve beverage options—particularly among younger demographics—is one of the key drivers of market expansion. Additionally, the growing appeal of ready-to-drink (RTD) products, driven by fast-paced lifestyles and demanding work schedules, has significantly fueled demand in both developed and emerging economies. Activities such as weekend getaways, camping, and hiking are gaining popularity, further boosting sales of canned beverages, which offer ease of use and eliminate concerns like spillage or breakage associated with traditional bottles.

The shift toward health-conscious living, particularly in advanced markets such as the U.S. and Western Europe, has created strong growth prospects for the canned wines sector. Many canned wine products are crafted in lighter, lower-alcohol formats that align with wellness-oriented consumer habits. Shoppers increasingly seek beverages that support healthier living—those with fewer calories, minimal additives, and lower alcohol levels. The single-serve format of canned wines also allows for better control over alcohol intake, resonating with the trend toward mindful consumption. Furthermore, these products are typically more cost-effective than bottled wines due to their lower production and packaging expenses, making them especially appealing for casual consumption and budget-friendly occasions.

Environmental sustainability continues to be a key factor influencing consumer choices and driving market growth. Canned wines are often considered more environmentally friendly than their bottled counterparts, primarily due to the recyclability of aluminum cans. As awareness around plastic and glass waste grows, more consumers are gravitating toward products with reduced environmental impact. Aluminum cans are also lighter and more space-efficient, cutting down transportation emissions and overall carbon footprint—further supporting the shift toward eco-friendly alternatives.

The canned wine category has experienced a surge in innovation, with brands introducing a variety of product types including sparkling wines, wine spritzers, and unique blends. These innovations appeal to a broader audience by offering diverse flavor experiences in a user-friendly format. Trend-forward offerings like sangria, flavored wines, and wine-based cocktails are drawing in both new wine consumers and those looking for a more relaxed, casual option.

Get a preview of the latest developments in the Global Canned Wines Market! Download your FREE sample PDF today and explore key data and trends

Regional Insights
North America led the global canned wines market in 2024, accounting for 37.7% of total revenue. This dominance is largely attributed to rising wine consumption in the region and the widespread availability of canned wine options. Among younger and middle-income consumers in the U.S. and Canada, canned wines are seen as a cost-effective and accessible alternative to bottled wines. Their appeal lies in affordability, ease of use, and a trendy image that resonates with Millennial and Gen Z consumers. These younger demographics are particularly drawn to the convenience and sustainability that canned wines represent.

Key Players in the Canned Wines Market
The following companies hold significant market shares and are instrumental in shaping industry trends:

  • E. & J. Gallo Winery
  • Union Wine Company
  • Sans Wine Co.
  • Sula Vineyards Limited
  • SUNTORY HOLDINGS LIMITED
  • Canned Wine Co.
  • Maker Wine Company
  • Archer Roose Wines

Gather more insights about the market drivers, restrains and growth of the Canned Wines Market

Construction Equipment Market Driven by Technological Advancements and Automation

The global construction equipment market was valued at USD 207.14 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2030. The rise in urbanization across developing nations, along with increasing government initiatives to modernize existing infrastructure, is driving a surge in construction activity. This, in turn, is fueling demand for machinery such as excavators, loaders, and dump trucks. As infrastructure development accelerates worldwide, demand for earthmoving and material handling equipment is projected to grow, further propelling the expansion of the global construction equipment market.

Governments in developing countries are allocating more funds toward infrastructure upgrades, which is boosting construction activities. For example, India has been actively improving its road network to ensure smooth transportation of resources. In June 2022, the Indian Minister of Road Transport and Highways announced 15 new national highway projects valued at USD 1.7 billion in Patna and Hajipur, Bihar. Similarly, in March 2023, Singapore’s government revealed plans to begin construction on the new Terminal 5 (T5) at Changi Airport in 2025. The T5 expansion aims to alleviate congestion at the current airport. These infrastructure projects are increasing demand for road construction and material handling equipment, such as forklifts, pavers, and dozers, thereby reinforcing the global market’s growth.

The integration of advanced technologies into construction equipment is expected to further boost market growth during the forecast period. Original equipment manufacturers (OEMs) are leveraging this trend to introduce innovative products and attract more customers. For instance, in January 2023, John Deere launched new battery-powered agricultural and construction machinery. The company cited factors such as population growth, reduced availability of arable land, and rising greenhouse gas emissions as key considerations behind these technological advancements.

However, the high cost of construction equipment and the growing preference among contractors for rental solutions are anticipated to hinder market growth. Many contractors opt to rent equipment for specific project durations rather than invest in ownership, which often ties up significant capital and affects other operational areas.

Get a preview of the latest developments in the Global Construction Equipment Market! Download your FREE sample PDF today and explore key data and trends

Regional Insights

In 2023, the North American construction equipment market was valued at USD 40.61 billion. A major contributor to rising equipment demand in the region is the rapid development of smart cities. Initiatives such as the Smart Cities Project under the U.S. Economic Development Program are driving regional growth. Advanced machinery for earthmoving, road building, and material handling is being increasingly adopted to support these urban development projects.

Key Players in the Construction Equipment Market

The following leading companies dominate the construction equipment sector and shape industry trends. Their financials, strategies, and product portfolios help map the supply network:

  • Caterpillar, Inc
  • CNH Industrial America LLC
  • Deere & Company
  • Doosan Corporation
  • Escorts Limited
  • Hitachi Construction Machinery Co., Ltd.
  • Hyundai Construction Equipment Co., Ltd.
  • J C Bamford Excavators Ltd.
  • Komatsu Ltd.
  • KUBOTA Corporation
  • LIEBHERR
  • MANITOU Group
  • SANY Group
  • Terex Corporation
  • AB Volvo
  • Wacker Neuson SE
  • XCMG Group
  • Zoomlion Heavy Industry Science & Technology Co., Ltd.

Gather more insights about the market drivers, restrains and growth of the Construction Equipment Market

U.S. Dialysis Centers Market Sees Expansion with Growing Investments in Dialysis Infrastructure

The U.S. dialysis centers market size is expected to reach USD 40.39 billion by 2030, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.4% from 2025 to 2030. The high prevalence of End-Stage Renal Disease (ESRD) and favorable reimbursement are some of the key factors expected to boost growth. The expenditure on treatment is gradually rising due to the increasing prevalence of ESRD.

The availability of Medicare reimbursement for kidney disorder treatment is increasing the accessibility to the treatment. The Center for Medicare & Medicaid Services announced a new end-stage renal diseases treatment choice model for the maintenance & improvement in the reimbursement for chronic kidney disorder patients. The new model is encouraging the use of home-based treatment. In August 2022, the CMS expanded the eligibility for reimbursement for kidney disorder treatment. The expansion includes certain capital assets, mainly equipment used at home for treatment. This is increasing the accessibility to the services.

The patients need to travel to and fro the center for around 3 days per week, the proximity from the patient’s residence is generally an important criterion for the center of choice. Hence the launch of new facilities is a key strategic initiative undertaken by major players to increase their market share. For instance, in May 2021, U.S. Renal Care, Inc. inaugurated three new facilities, one in-center facility and two focusing on home therapies. This expanded the company’s presence in the Southwest Florida region.

The COVID-19 pandemic resulted in patients facing difficulty in having an access to treatment for end-stage renal disorder, requiring multiple sessions within a month. According to the national kidney foundation, 15.8% of the patients undergoing treatment for end-stage renal disease had COVID-19 infection. The federal government & service providers promoted home treatment. In June 2021, a new campaign innovative kidney care was launched by nine leading healthcare organizations for patient options for receiving home treatment.

Get a preview of the latest developments in the U.S. Dialysis Centers Market! Download your FREE sample PDF today and explore key data and trends

U.S. Dialysis Centers Market Report Highlights

  • Based on service, the in-center segment held the largest revenue share in 2024. This can be attributed to the need for assistance & care for the procedure, which can be facilitated better at the centers. The high preference for hemodialysis is also driving the market opportunity as it essentially requires center visits & assistance.
  • Based on dialysis type, hemodialysis dominated the market in 2024. This can be attributed to the preference for the segment by healthcare professionals & longer life expectancy for patients. However peritoneal dialysis is expected to have the fastest growth during the forecast period owing to the effective removal of toxic substances & high convenience of peritoneal dialysis enabling patients to independently have treatment at home.
  • Based on facility type, dialysis chains dominated the market in 2024. This can be attributed to the presence of such chains throughout the U.S. The availability of top-quality equipment and treatment at a lower cost compared to hospital-based facilities is driving the segment’s growth. In addition, the key players are acquiring independent facilities, resulting in most of the independent facilities being managed by chains.
  • The service providers and patients faced challenges since the onset of the COVID-19 pandemic, some of which are unique as compared to other health facilities and treatment groups. For instance, hemodialysis (HD) patients visit centers at least three times a week and during each session, the patients are exposed to all the patients concurrently receiving treatment in a particular session, and to healthcare personnel along with any additional exposure during their travel to and from the center.
  • Mergers & acquisitions and collaborations are being preferred by the key players, enabling them to have a competitive edge by adding value to their services. For Instance, in March 2022, Fresenius Medical Care announced a merger with InterWell Health and Cricket Health for facilitating better kidney disorder solutions.

List of Key Players in the U.S. Dialysis Centers Market

  • Fresenius Medical Care AG
  • S. Renal Care, Inc.
  • DaVita Inc.
  • Innovative Renal Care
  • DCI
  • SATELLITE HEALTHCARE
  • Northwest Kidney Centers
  • Centers for Dialysis Care
  • Rogosin Institute
  • Dialysis Care Center
  • USCF Health (The Regents of The University of California)
  • Rhode Island Hospital, Department of Health Rhode Island
  • University of Iowa Hospital & Clinics
  • Saint Anthony Hospital
  • Rush University Children’s Hospital

Gather more insights about the market drivers, restrains and growth of the U.S. Dialysis Centers Market

Zero Friction Coatings Market Driven by Demand for Energy-Efficient and Durable Coatings

The global zero friction coatings market size is estimated to reach USD 1,346.00 million by 2030 according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.6% from 2022 to 2030. Growth can be attributed to the fact that these coatings reduce friction and wear resulting in low fuel consumption and less heat generation. According to the European Automobile Manufacturers’ Association, 79.1 million motor vehicles were produced across the globe in 2021 which was up by 1.3% as compared to 2020. Zero friction coatings can extend the time between component maintenance and replacement, especially for machine parts that are expensive to manufacture.

Several applications in the automobile industry use wear-resistant plastic seals that require zero tolerance for failure and lifetime service confidence. Increasing demand for the product from the automotive industry across the globe for various applications including fuel pumps, automatic transmissions, oil pumps, braking systems, and others is expected to drive its demand over the forecast period.

Low friction coatings can be used in extreme environments comprising high pressure, temperatures, and vacuums. These coatings can provide improved service life and performance thereby eliminating the need for wet lubricants in environments that require chemicals, heat, or clean room conditions. The product containing molybdenum disulfide (MoS2) are suitable for reinforced plastics while those free from MoS2 are suitable for non-reinforced plastics.

Zero friction coatings are paint-like products containing submicron-sized particles of solid lubricants dispersed through resin blends and solvents. The product can be applied using conventional painting techniques such as dipping, spraying, or brushing. The thickness of the film has a considerable influence on the anti-corrosion properties, coefficient of friction, and service life of the product. Its thickness should be greater than the surface roughness of the mating surfaces.

Get a preview of the latest developments in the Zero Friction Coatings Market! Download your FREE sample PDF today and explore key data and trends

Zero Friction Coatings Market Report Highlights

  • In 2021, molybdenum disulfide emerged as the dominant type segment by contributing around 50% of the revenue share. This is attributed to its properties such as low coefficient of friction at high loads, electrical insulation, and wide temperature range
  • The automobile & transportation was the dominating end-use segment accounting for a revenue share of more than 35% in 2021 due to the rapid growth of the automotive industry across the globe
  • The energy end-use segment is anticipated to grow at a CAGR of 5.7% in terms of revenue by 2030, owing to the excessive wear on the drill stem assembly and the well casing during the drilling operations in the oil and gas sector
  • In Asia Pacific, the market is projected to witness the highest CAGR of 5.8% over the predicted years owing to the presence of car manufacturing industries in the countries such as Japan, South Korea, and China

Key Companies & Market Share Insights

Major manufacturers are engaged in adopting several strategies including joint ventures, business expansions, and new product launches to increase their market presence. For instance, In June 2020, Poeton launched a new low friction coating named Apticote 480A having a remarkably low coefficient of friction with a 75.0% reduction as compared to their previous offerings.

List of Key Players of Zero Friction Coatings Market

  • Endura Coatings
  • DuPont
  • VITRACOAT
  • Poeton
  • Bechem
  • ASV Multichemie Private Limited
  • GMM Coatings Private Limited
  • IKV Tribology Ltd.

Gather more insights about the market drivers, restrains and growth of the Global Zero Friction Coatings Market

Solar PV Market Driven by Declining Costs of Solar Panels and Installation

The global solar PV market size is expected to reach 604.83 billion by 2030, expanding at a CAGR of 10.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising demand for sustainable energy resources coupled with favorable regulatory policies is expected to drive the market growth over the forecast period.

Supportive regulations involving federal subsidy and incentives expected to be the prime factors impacting the industry growth on a positive note. Europe has been a major market for solar PV owing to the early adoption of the technology in the region owing to high consumer awareness and positive government outlook in the region.

Increasing demand for renewable energy sources owing to rising consumer awareness towards cost benefits associated with the technology is expected to propel growth. Furthermore, depleting fossil fuel resources coupled with the growing demand for durable energy sources is expected to have a positive impact on industry growth.

The technology offers low conversion efficiencies as compared to conventional energy sources including oil and biomass. Furthermore, the solar PV performance gets affected by various factors including the type of raw material used for solar cell manufacturing, availability of sunlight, and solar PV designs which is expected to hamper its growth over the forecast period.

Get a preview of the latest developments in the Solar PV Market! Download your FREE sample PDF today and explore key data and trends

Solar PV Market Report Highlights

  • On-grid connectivity dominated the market with a revenue share of 73.5% in 2023 and The off-grid segment is expected to register the fastest CAGR over the forecast period
  • The segment, ground mounted solar PVs held the largest market share in 2023 and Meanwhile, the rooftop segment is anticipated to witness the fastest growth from 2024 to 2030
  • Asia Pacific accounted for 63.1% of the total market share in 2023, on account of the favorable government regulations and initiatives taken by the government to install clean energy resources in order to curb the prevailing issue of pollution
  • The major players in the market are investing in R&D activities in order to come up with efficient and high-performance systems in order to tap the rising consumer attention and to compete with the alternative energy resources

Key Solar PV Company Insights

Some key companies involved in the solar PV market include Jinko Solar, Hanwha Group, and RENESOLA, among others.

  • Jinko Solar is a Chinese solar PV module manufacturing company headquartered in Shanghai. The company is among the leading global solar energy solution providers, specializing in designing, developing, and manufacturing high-efficiency solar photovoltaic (PV) products and energy storage systems (ESS). The company’s product offering includes a wide range of solar modules, including monocrystalline, polycrystalline, and bifacial modules, with varying power outputs and efficiency rates. Jinko Solar’s product portfolio also includes solar cells, solar inverters, and mounting systems, catering to the diverse needs of residential, commercial, and utility-scale solar energy projects. The Tiger Neo series is the company’s latest solar PV module offering, offering enhanced efficiency and 30 years of liner power warranty.
  • Hanwha Group is a South Korean business conglomerate headquartered in Seoul. The company offers products and services in various industries, such as aerospace, mechatronics, clean energy, materials, retail, finance, and lifestyle services. Through its subsidiary Hanwha Energy Corporation, the company has developed major solar energy projects worldwide, such as Oberon 1A (the U.S.), Laguna (Mexico), Kitsuki (Japan), and Cam Lam (Vietnam). In addition, the Qcells division of the company has established itself as a prominent player in the development of solar PV cells, modules, and energy storage solutions (ESS).

List of Key Players of Solar PV Market

  • RENESOLA
  • KYOCERA Corporation
  • Hanwha Group
  • REC Solar, Inc.
  • Jinko Solar
  • JA SOLAR Technology Co.,Ltd.
  • First Solar
  • Wuxi Suntech Power Co., Ltd.
  • Canadian Solar
  • Trinasolar
  • SHARP CORPORATION
  • SunPower Corporation
  • Yingli Solar

Gather more insights about the market drivers, restrains and growth of the Global Solar PV Market

Smokehouse Market Driven by Demand for Premium-Quality Smoked Meat and Fish Products

The global smokehouse market size is anticipated to reach USD 176.7 million by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 2.8% from 2024 to 2030. Rising need for a healthy lifestyle has led consumers to prefer griller or barbequed food over fried food and other kinds of fast food. This trend is expected to have a positive impact on the market growth.

Key market participants have been focusing on innovation and new product development to manufacture environment-friendly components using latest technologies. Most manufactures have been focusing on electric grills to help reduce air pollution caused on account of burning charcoal and wood.

North America was the dominant region occupying over 35.0% of the revenue share in 2017. It is projected to account for a major share of the market over the forecast period on account of increasing popularity among young adults for cookouts.

Europe is expected to account for the second largest market share in 2017. In addition, the demand for portable products is expected to grow over the forecast period owing to increase in the number of family outings and picnics.

The smokehouse market is characterized by the presence of major companies as well as small- and medium-scale regional players. Some of the major players in the market engage in strategic developments to boost their sales and revenue by expanding their reach and providing customized services to customers.

Key players operating in the industry are The Weber-Stephen Products LLC, KitchenAid, Lynx Grills, and Viking Range Corporation among various others.

Get a preview of the latest developments in the Smokehouse Market! Download your FREE sample PDF today and explore key data and trends

Smokehouse Market Report Highlights

  • The outdoor segment dominated the market with a revenue share of 58.8% in 2023. This dominance is attributed to the growing popularity of outdoor cooking and barbecuing, which has become a favored pastime for many consumers.
  • Electric grill accounted for the largest revenue share of 44.6% in 2023. This significant share is attributed to the convenience and ease of use of electric grills, making them popular among consumers.
  • North America’s smokehouse market accounted for the largest revenue share of 37.4% in 2023. This dominance is attributed to the high prevalence of grill ownership in the region, with nearly every household owning a grill.

Key Smokehouse Company Insights

Some key companies in the smokehouse market include R & V Works (Cajun Fryer), Alto-Shaam, Inc., Town Food Service Equipment Co., Inc., Weber-Stephen Products LLC, Pro Smoker, and others.       Companies are focusing on launching new features and increasing product ranges. Moreover, key players are taking several strategic initiatives, such as mergers and acquisitions and partnerships with other major companies.

  • R & V Works, known for its Cajun Fryer brand, is a prominent player in the smokehouse market. It specializes in outdoor cooking products, including fryers, smokers, and grills, which are highly regarded for quality and performance. Furthermore, its product line includes the Cajun Express Smoker, which is designed to deliver consistent smoking results with minimal effort.
  • ScottPec, Inc. is a notable smokehouse market player known for its innovative and high-yield food processing equipment. Its smokehouses are designed to deliver the best smoke flavor and color in the shortest possible smoking cycle time.

List of Key Players in the Smokehouse Market

  • R & V Works (Cajun Fryer)
  • Alto-Shaam, Inc.
  • Town Food Service Equipment Co., Inc.
  • Weber-Stephen Products LLC
  • Pro Smoker
  • ScottPec, Inc.
  • Smokehouse Products  
  • Walton’s Smokehouse
  • Viking Range Corporation
  • Lynx Grills, Inc.
  • Wolf Steel, Ltd.
  • Char-Broil LLC

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

Power Rental Systems Market Driven by Increasing Power Outages and Grid Failures

The global power rental systems market size is estimated to reach USD 42.74 billion by 2030, registering to grow at a CAGR of 8.8% from 2025 to 2030 according to a new report by Grand View Research, Inc. Increasing demand for UPS, along with rapid industrial development across the world, is the main factor boosting the market growth. Growing instances of variable electricity supply generated by small and medium-scale power grids and partial access to the larger transmission network have catalyzed the demand for power rental systems across the manufacturing and utility industries.

Moreover, there is an increasing requirement for an accessible rental unit that can stun the problems linked with power outages and voltage sags. Furthermore, growing awareness related to the profits of subcontracting power equipment is positively impacting market growth. Power rental systems allow their customers to acquire equipment according to their necessities in a cost-effective way.

Besides, the execution of supportive government initiatives to develop airport networks and metros, along with the construction of shopping malls and hotels, is increasing the demand for power rental systems across countries. Factors such as increasing deployment of renewable sources of energy as an alternative power generation source to decrease the carbon emissions and the adoption of natural gas-based electricity generations are expected to boost the market growth.

Growing grid uncertainty, coupled with power spikes at the time of peak demand, is anticipated to be a main driver for the market. Besides, amplified focus towards a decrease in the peak power consumption in order to cut power cost is likely to enhance the growth of the market.

The power rental units are used across various industries as there is a higher demand for continuous power application. Major end-user markets for such rental systems were oil and gas, government and utilities, and construction, which altogether accounted for 64.5% share of the global revenue in 2019. Higher dependence on electricity for day to day operation of such industries is a key booster for considerable usage of power rental systems.

Get a preview of the latest developments in the Power Rental Systems Market! Download your FREE sample PDF today and explore key data and trends

Power Rental Systems Market Report Highlights

  • Continuous power applications dominated the market and accounted for the largest revenue share of 45.7% in 2024. This growth is attributed to the increasing need for reliable electricity in the oil and gas, construction, and mining industries.
  • The government and utilities segment led the market and accounted for the largest revenue share of 25.9% in 2024 attributed to the increasing demand for reliable, uninterrupted power supply.
  • The Asia Pacific power rental systems market dominated the global market and accounted for 38.5% in 2024 attributed to rapid industrialization and urbanization across the region.

Key Power Rental Systems Company Insights

Some of the key players in the market include Aggreko, Herc Rentals Inc., APR Energy, and others. These companies are adopting various strategies to enhance their competitive edge. These include launching innovative products that cater to evolving customer needs, forming strategic partnerships to expand service offerings, and entering agreements that enhance market reach. Furthermore, companies focus on sustainability by integrating renewable energy solutions into their rental services. These strategies aim to improve operational efficiency, meet regulatory requirements, and address the growing demand for reliable and environmentally friendly power solutions across diverse industries.

Herc Rentals Inc. specializes in renting heavy equipment, tools, generators, and pumps, enabling clients to manage their power needs efficiently without the burden of ownership. The company delivers reliable temporary power solutions, including emergency and standby power systems, to support critical operations across numerous sectors while ensuring safety and compliance with industry standards.

APR Energy designs and deploys modular power plants that provide flexible and scalable electricity generation to meet specific customer requirements. The company emphasizes rapid deployment capabilities, effectively allowing clients to address urgent power needs. APR Energy aims to deliver sustainable and efficient power rental solutions supporting global economic growth and infrastructure development by integrating advanced technologies and renewable energy sources into its offerings.

List of Key Players in Power Rental Systems Market

  • Aggreko
  • Herc Rentals Inc.
  • APR Energy
  • Caterpillar
  • United Rentals, Inc.
  • Cummins Inc.
  • Ashtead Group plc
  • Atlas Copco AB
  • Al Faris
  • Shenton Group
  • Hertz System, Inc.
  • Kohler Co.
  • Bredenoord
  • HIMOINSA

Gather more insights about the market drivers, restrains and growth of the Global Power Rental Systems Market

Obesity Treatment Market Driven by Government Initiatives to Curb Obesity Epidemic

The global obesity treatment market size is expected to reach USD 60.53 billion in 2030 and is anticipated to grow at a CAGR of 22.31% from 2025 to 2030. The upward trend in sedentary lifestyles, physical inactivity, and unhealthy food habits are the vital factors responsible for the high prevalence of obesity. According to the Institute of Health Metrics and Evaluation, about 30.0% of the global population is either obese or overweight.

Additionally, along with commercial availability of solutions for weight management, technological advancements introduced by the vertical players and supportive initiatives undertaken by the governments, create more awareness with regard to obesity and its impact on health. This is further driving the growth of the obesity treatment market.

There are various approaches for weight management such as diet, exercise, drugs, minimally invasive devices & implants, and surgeries. Amongst the prevalent drugs, the combination drugs hold the largest market share whereas satiety drugs that provide a feeling of fullness appear as the fastest-growing segment in the obesity treatment market.

In surgeries, gastric bypass procedures form the largest growing segment whereas the minimally invasive endoscopic procedure segment that involves surgical placement of implants and devices, such as satiety devices and gastric emptying devices, is the fastest-growing space.

Get a preview of the latest developments in the Obesity Treatment Market! Download your FREE sample PDF today and explore key data and trends

Intense competition in the private sector has driven advancements and innovation toward the development of the latest techniques for obesity treatment that are offered in private hospitals and clinics. As a result, the demand for minimally invasive procedures is swiftly increasing. In addition, increasing awareness of obesity & the associated diseases and the commercial availability of weight management solutions is propelling the obesity treatment market.

Obesity Treatment Market Report Highlights

  • Based on drug class, the industry has been categorized into GLP-1 receptor agonists, lipase inhibitors, appetite suppressants, and other drug classes
  • Based on the route of administration, the obesity treatment market has been categorized into parenteral and oral
  • Based on distribution channels, the market has been categorized into hospital pharmacies, retail pharmacies, and others.
  • The other pharmacies are expected to grow at a considerable growth of over the forecast period
  • North America obesity treatment market dominated the global industry with a revenue share of 73.39% in 2024

Key Obesity Treatment Company Insights

Some prominent players in the global market are Novo Nordisk A/S, Rhythm Pharmaceuticals, Inc., Gelesis, Rhythm Pharmaceuticals, Inc., and Boehringer Ingelheim International GmbH. The market is shaped by mergers, acquisitions, and partnerships, along with significant investments in research & development to address unmet needs and expand treatment options.

Product innovation and regulatory approvals are key strategies for leading companies in the obesity treatment market to maintain a competitive edge. Established players focus on developing advanced therapies, such as next-generation GLP-1 receptor agonists and oral weight-loss drugs, while securing regulatory approvals to expand market reach. Meanwhile, emerging companies are targeting niche areas, including personalized obesity treatments and novel drug delivery mechanisms, to address unmet needs.

List of Key Players in Obesity Treatment Market

  • Novo Nordisk A/S
  • GlaxoSmithKline plc
  • VIVUS LLC
  • Currax Pharmaceuticals
  • Boehringer Ingelheim International GmbH
  • Rhythm Pharmaceuticals, Inc.
  • Gelesis
  • Eli Lilly and Company

Gather more insights about the market drivers, restrains and growth of the Global Obesity Treatment Market

Medical Laser Systems Market Growing with Rising Cardiovascular and Oncology Cases

The global medical laser systems market size is expected to reach USD 14.0 billion by 2030, expanding at a CAGR of 15.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. Rising demand for minimal and non-invasive procedures by patients is anticipated to be the most impact rendering driver of the market.

Increasing application of these systems for diagnostic purposes, rising geriatric population base, propelling demand for cosmetic surgeries and technological advances in pre-existing laser systems are vital factors driving the demand of this market.

Medical laser systems are being prominently applied in various branches of biology such as urology, cardiology, ophthalmology etc for the purpose of diagnosis, disease management and prevention. Augmenting cases of these disorders is expected to positively impact market growth over the forecast period.

Solid state lasers are anticipated to grow at the fastest rate during the forecast period due to higher reliability, smaller compact designs, lowered cost of purchase and prolonged life span of the systems. Diode lasers are expected to hold a significant market share owing to the introduction of next generation Optically Pumped Semiconductor Lasers (OPSLs) that provide unmatched electrical efficiency.

Get a preview of the latest developments in the Medical Laser Systems Market! Download your FREE sample PDF today and explore key data and trends

Medical Laser Systems Market Report Highlights

  • Solid state lasers are expected to grow at the fastest rate of over 15.9% during the forecast period due to technological advances and increasing application in diagnostic field. Neodynium Yttrium Aluminum Garnet (Nd:Yag) and Potassium titanyl phosphate (KTP) are expected to drive growth over the forecast period.
  • On the basis of application segments, urology, cardiology and gynecology are expected to be the top contributors of the medical laser systems market. Statistics provided by the WHO estimate that over 17.5 million people annually are reported with chronic cases of cardiovascular disorder that require surgical follow-up.
  • North America held over 45.9% of the market in 2022 due to rising disposable income, rising geriatric population base coupled with increasing cases of age-related disorders and conditions.
  • Asia Pacific is expected to witness the fastest CAGR of 16.7% during the forecast Rising disposal income, increasing awareness and volume of cosmetic surgeries, increasing incidences of diabetic retinopathy, rheumatoid arthritis and dental caries are key drivers for the medical laser systems market growth within the region.
  • Eminent players of this market include IRIDEX Corp., Lumenis Ltd., Syneron-Candela, Photomedex Inc., Spectranetics Corp., Biolase Inc., Bioform Medica Inc., biolitec, and Cutera.

Key Companies & Market Share Insights

The rise in competition is leading to rapid technological advancements and companies are constantly working towards the improvement of their products with a major focus on research and development. Factors such as investment in research & development, compliance with regulatory policies, and technological advancements are constantly driving the introduction of novel techniques. Lumenis Be Ltd. is one of the leading global providers of light radiation and energy-based technologies. They offer a wide range of optical maser platforms for various medical specialties, including dermatology, aesthetics, urology, and ophthalmology.

For instance, in January 2020, Lumenis Be Ltd., a provider of energy-based medical devices for ophthalmic, surgical, and aesthetic applications, announced the launch of its LightSheer Quattro platform. The new addition to the LightSheer portfolio provides clinically validated laser hair removal treatments for all skin types. It offers two wavelength options of 805nm and 1060nm, ensuring versatility in addressing different patient needs. This advanced system ensures minimal downtime for patients. Moreover, it enables the treatment of pigmented and vascular lesions, expanding its applications beyond hair removal. The system incorporates innovative features such as high-speed vacuum-assisted technology and ChillTip-integrated contact cooling technology. By combining these technologies, it allows practitioners to deliver superior clinical outcomes. Patients can benefit from comfortable, effective, fast, and safe treatment experiences.

List of Key Players in Medical Laser Systems Market

  • Lumenix
  • Photomedex
  • Philips Healthcare
  • BIOLASE, Inc.
  • IRIDEX Corporation
  • BioForm Medical, Inc.
  • biolitec AG
  • Cutera
  • Candela Corporation
  • Cynosure

Gather more insights about the market drivers, restrains and growth of the Global Medical Laser Systems Market

Wi-Fi 6E Chipset Market Rising Adoption in High-Density Environments and Public Venues

The global Wi-Fi 6E chipset market size is expected to reach USD 39.17 billion by 2030, according to a new study by Grand View Research, Inc. It is expected to grow at a CAGR of 22.4% from 2023 to 2030. The growth of smart homes and smart cities is driving demand for Wi-Fi 6E, which can support a large number of connected devices and enable new applications, such as virtual and Augmented Reality (AR), telepresence, and autonomous vehicles. Moreover, with the growing number of connected devices and data-intensive applications, there is a need for faster and more reliable connectivity. Wi-Fi 6E, which operates in the 6 GHz frequency band, offers more bandwidth and less interference, allowing for higher speeds and lower latency. The demand for higher internet speeds is a key driving force in the market.

With the increasing number of connected devices and the rise of data-intensive applications, such as video streaming, online gaming, and virtual & augmented reality, consumers and businesses are demanding faster and more reliable internet speeds. Wi-Fi 6E, which operates in the 6 GHz frequency band and offers more bandwidth, is well-positioned to meet this demand. Wi-Fi 6E can provide faster speeds and lower latency than previous Wi-Fi standards, allowing users to stream high-quality video, play online games without lag, and access cloud-based applications more quickly and efficiently. With the increasing adoption of Wi-Fi 6E, users can expect to see significant improvements in their internet speeds, enabling new applications and services that rely on high-speed connectivity.

Wi-Fi 6E is expected to be integrated with 5G networks, allowing for seamless connectivity and better user experience. The COVID-19 pandemic had a positive impact on the market. As Wi-Fi 6E becomes more prevalent, advancements in Wi-Fi 6E-enabled devices are expected to emerge, including smartphones, tablets, laptops, and other IoT devices. These advancements may include improved battery life, better connectivity, and enhanced features.Wi-Fi 6E is expected to see increased adoption in smart homes & buildings, where multiple devices need to connect to the network simultaneously. Wi-Fi 6E’s improved capacity, speed, and range make it well-suited for such environments.

Get a preview of the latest developments in the Wi-Fi 6E Chipset Market! Download your FREE sample PDF today and explore key data and trends

Wi-Fi 6E Chipset Market Report Highlights

  • The WLAN infrastructure devices segment dominated the market in 2022. The growing popularity of cloud-managed WLAN architecture, which allows IT managers to administer and monitor WLAN networks from a single location, is a significant factor contributing to the segment growth
  • The commercial segment dominated the market in 2022. The growing usage of smart devices and IoT technologies in commercial areas is a primary factor driving the segment growth
  • The Asia Pacific region is expected to have the highest CAGR from 2023 to 2030 owing to the spread of smart devices across the region
  • Furthermore, the presence of significant electronic manufacturing hubs in Japan, China, and South Korea is expected to boost market expansion

Key Companies & Market Share Insights

The market can be characterized as being fragmented due to the presence of numerous notable players. These players are fostering market competition by implementing various strategies aimed at the long-term sustainability of the market position, which makes it difficult for new players to enter the space. These strategies include product developments, regional expansions, and so on. Several businesses in the market are forming alliances and partnerships with other industry participants. This allows them to use one another’s expertise and resources, allowing them to offer clients more comprehensive and integrated solutions.

Businesses are also expanding their presence in new geographic areas and introducing new products to build better connectivity solutions. For instance, in February 2023, Nokia, a telecommunication company, launched Beacon 10. It is the company’s first gateway to enable Wi-Fi 6E to deliver seamless, high-capacity mesh networking. The Beacon 10 is a full tri-band device with a 10Gbps Wi-Fi speed. It has a 10G WAN interface that can be paired with 10 Gb/second fiber modems to provide multi-gigabit services to the house. The new gateway will be unveiled for the first time at the Mobile World Congress in Barcelona.

List of Key Players of Wi-Fi 6E Chipset Market

  • Broadcom Inc.
  • Qualcomm Technologies, Inc.
  • ON Semiconductor Connectivity Solutions, Inc.
  • Intel Corp.
  • Renesas Electronics Corp.
  • MediaTek Inc.
  • Texas Instruments Inc.
  • Infineon Technologies AG
  • STMicroelectronics N.V.
  • NXP Semiconductors N.V.

Gather more insights about the market drivers, restrains and growth of the Global Wi-Fi 6E Chipset Market

Design a site like this with WordPress.com
Get started