Tag: technology

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.

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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

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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.

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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.

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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

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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.

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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.

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U.S. Women’s Health Market Growth in Health Supplements and Nutritional Products

The U.S. women’s health market size is estimated to reach USD 24.36 billion by 2030, expanding at a CAGR of 3.7% from 2025 to 2030, according to a new report by Grand View Research, Inc. The rising prevalence of target diseases is a key driver for the growth of the market. With aging and the increasing prevalence of obesity, the prevalence of osteoarthritis is anticipated to grow. Some of the major factors responsible for hormonal imbalance in women include changes in dietary habits, stress, and consumption of alcohol, which can cause fertility issues. Ovulation problems, polycystic ovarian syndrome (PCOS), and endometriosis are major factors responsible for infertility.

The rise in public funding for family planning services is further driving the market growth. In the U.S., approximately 45% of pregnancies are estimated to be unwanted every year. Despite advancements in contraceptive technology and increased R&D spending on contraceptives, the rate of unplanned pregnancies in the U.S. has remained unchanged for decades. This has increased the economic burden on low-income families that do not have easy access to modern and more effective methods of contraception. Hence, federal & state governments are actively working toward improving family planning services and access to modern contraceptives. For instance, in 2019, the U.S. government provided USD 608 million in funding to UNFPA for family planning & reproductive health development.

Moreover, child marriages are most common in underdeveloped and developing economies, often leading to early and unplanned pregnancies. There is a lack of awareness about contraceptives, which amplifies the severity of the problem. According to UNICEF, child marriages decreased by 15% in the past decade. However, the number has not decreased over the years in the U.S. because laws in certain U.S. states allow marriages before 18 years. However, efforts to address child marriage and its impact on women’s health are being undertaken in the country, which involve advocating for policy changes, promoting girls’ education, raising awareness about the negative consequences of child marriage, and providing support services for affected girls and women.

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Furthermore, key players involved in developing and formulating various therapeutics are focusing on collaborations and partnerships to develop novel drugs and maintain their competitive position in the market. For instance, in October 2022, Solera Health announced the launch of first-of-its-kind digital point solutions for women’s Health networks to address women’s health issues needs. Moreover, in November 2022, Sebela Pharmaceuticals announced the launch of a new division fully dedicated to women’s health.

U.S. Women’s Health Market Report Highlights

  • Based on drug, the Prolia drug segment held the largest revenue share in 2024 and is anticipated to grow at the fastest CAGR over the forecast period owing to the wide adoption of the drug with very less side effects
  • Based on application, the contraceptives segment is expected to showcase the fastest CAGR over the forecast period, owing to an increase in awareness about family planning
  • Based on age, the others age segment dominated the U.S. women’s health industry in 2024, due to the rising concerns of fertility, such as endometriosis, hormonal infertility, and PCOS in this age group
  • Based on distribution channel, the hospital pharmacy segment dominated the market in 2024 due to the high stock and availability of women’s health therapeutics in the hospital pharmacies
  • Key market players are constantly focusing on product launches and geographical expansion to maintain their presence

List of Key Players in U.S. Women’s Health Market

  • AbbVie, Inc.
  • Bayer AG
  • Merck & Co., Inc.
  • Pfizer, Inc.
  • Teva Pharmaceutical Industries Ltd.
  • Agile Therapeutics
  • Amgen, Inc.
  • Apothecus Pharmaceutical Corp.
  • Eli Lilly and Company
  • Ferring B.V.

Gather more insights about the market drivers, restrains and growth of the U.S. Women’s Health Market

U.S. Enterprise Telecom Services Market Growth of Unified Communication Platforms

The U.S. enterprise telecom services market size is expected to reach USD 313.95 billion by 2030, advancing at a CAGR of 6.9% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing mobile phone penetration, technological advancements, growing focus on digital transformation, and favorable government initiatives and investments in the telecom sector are driving the growth of the enterprise telecom services market in the U.S.

Significant investments are being made to develop the communication infrastructure in the country, owing to several factors such as the growing demand for high-speed internet and wireless services, the need to upgrade and modernize existing networks, and initiatives undertaken to improve connectivity in rural areas. The high investment influx is creating significant growth opportunities in the enterprise telecom services market in the U.S.

The steady increase in the number of Internet of Things (IoT) applications in industries such as energy, manufacturing, transportation, and public safety has propelled businesses and enterprises to deploy robust communications infrastructure. Moreover, rapid developments in smart cities in the U.S. have led to a surge in the deployment of IoT devices for several applications, including transport, public safety, energy management, and security, driving the adoption of enterprise telecom services in the U.S.

However, telecom service providers for enterprises are being charged a high fee by the government or telecom regulating authorities for buying the license or rights to transmit signals over specific electromagnetic spectrum bands. Moreover, governments worldwide release only a limited band to be licensed by telecom operators. These factors are expected to hamper the growth of the U.S. enterprise telecom services market.

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U.S. Enterprise Telecom Services Market Report Highlights

  • The fixed internet access services segment is expected to grow significantly over the forecast period. The cost-effective and easy-to-install nature of fixed wireless access services is driving their adoption among enterprises
  • The wireless segment is expected to advance significantly over the forecast period. Wireless telecom services are more flexible in terms of their movability. They can be transferred from one location to another at lower costs, driving their adoption among U.S. enterprises
  • The small enterprises segment is expected to advance substantially during the assessment years. Small enterprises are leveraging telecommunication services for high-speed internet, remote connectivity, video streaming, and machine-to-machine communication, among others, thus propelling the segment’s growth
  • The manufacturing segment is expected to register considerable growth over the forecast period. This growth can be attributed to the use of telecom services in the Industry 4.0 transformation. The growing trend of digitization, automation, and the use of AI & ML in the manufacturing sector is creating growth opportunities for the segment

Key Companies & Market Share Insights

The market is highly consolidated, characterized by the presence of a few prominent players. These players are driving competition by pursuing various strategies aimed at long-term sustenance, including geographical expansions, product innovations, R&D activities, strategic partnership agreements, and joint ventures. The growing demand for telecom services such as fixed voice services, fixed internet access services, pay TV services, and machine-to-machine IoT services from enterprises is fueling the market growth.

  • Vendors are focusing on launching innovative products and are engaging in partnerships to strengthen their market position. For instance, in February 2023, Dell Technologies, Inc. unveiled the Telecom Infrastructure Blocks for Red Hat, a cloud-native solution designed in collaboration with Red Hat to cater to the needs of network operators dealing with 5G radio access network (RAN) and 5G core workloads.
  • This offering aims to aid the telecommunications industry in expediting the integration of open, cloud-native technologies. Dell’s services and support will back this solution launch. Such initiatives are anticipated to propel the market’s growth over the forecast period.

List of Key Players in the U.S. Enterprise Telecom Services Market

  • AT&T Inc.
  • Charter Communications Inc.
  • Comcas
  • T-Mobile USA, Inc.
  • Verizon Communications Inc.
  • Lumen Technologies
  • Cox Communications, Inc.
  • Altice USA, Inc.
  • Frontier Communications Parent, Inc.
  • Windstream Intellectual Property Services, LLC.

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Threat Intelligence Market Advancements in Cloud Security and Protection

The global threat intelligence market size is projected to reach USD 36.53 billion by 2030, registering a CAGR of 14.7% from 2024 to 2030, according to a new study by Grand View Research Inc. The demand for threat intelligence is increasing owing to rise in cyber threats, security breaches and growing numbers of sophisticated attacks in leading security conscious sectors. Moreover, the breaches in most organizations have a financial or espionage motive, which results in the disruption of business and has become a major concern for them, which is expected to contribute to the demand for threat intelligence solutions and services immensely.

Threat intelligence incident forensics is expected to gain traction over the forecast period. The application of incident forensics initiates actionable security during breaches through predictive and reactive analysis. Further, its application investigates the root causes of the breach and contains the damage of an attack. An organization lacking an advanced intelligence system might pose as a key determinant that significantly affects the mass adoption of incident forensics solutions.

Organizations prefer the use of cloud security as the cost incurred in the implementation of the on-premises solutions is high. The cloud-based security adoption is expected to increase in the near future owing to the growing adoption of cloud storage systems. The cloud-based deployment stops unwanted traffic before it enters the network. Furthermore, it eliminates the requirement of on-premise equipment, which is expected to increase the demand for the product over the forecast period.

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Threat Intelligence Market Report Highlights

  • Based on components, the services segment is expected to grow at a CAGR of 16.4% during the forecast period. The integration of advanced technologies such as artificial intelligence (AI) and machine learning (ML) into threat intelligence services is driving market expansion
  • Based on deployment, the on-premise segment is expected to grow at a CAGR of 11.1% during the forecast period. With the adoption of on-premise threat intelligence solutions, organizations can maintain complete control over their data while adhering to industry rules
  • Based on enterprise size, the SMEs segment is expected to grow at a CAGR of 16.2% during the forecast period owing to the growing need for SMEs to secure their critical infrastructure. As SMEs increasingly rely on digital technologies for data security, the demand for cloud-based threat intelligence tools has witnessed a rise over the last few years
  • Based on application, the governance segment is expected to grow at a CAGR of 16.5% during the forecast period owing to the increasing regulatory pressure and compliance requirements across various industries that require robust governance frameworks
  • Based on end-use, the retail segment is expected to grow at a CAGR of 17.8% during the forecast period. As retail operations become more digitally integrated, with the proliferation of online stores, mobile apps, and IoT devices, the attack surface for cybercriminals expands significantly
  • North America is expected to register the highest market share of around 35% in 2023owing to the maximum presence of threat intelligence vendors and service providers focused on innovation

List of Key Players in Threat Intelligence Market

  • BAE Systems, Inc.
  • Broadcom (Symantec Corporation)
  • Centrify Corporation
  • Check Point Software Technology Ltd.
  • Cisco Systems, Inc.
  • FireEye, Inc.
  • Fortinet, Inc.
  • IBM Corporation
  • Lockheed Martin Corporation
  • LogRhythm, Inc.
  • McAfee, LLC.
  • Palo Alto Networks, Inc.
  • Proofpoint, Inc.
  • Sophos Ltd.
  • Trend Micro Incorporated.

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

Synbiotic Product Market Impact of Digital Marketing on Consumer Engagement

The global synbiotic product market size is anticipated to reach USD 1.68 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 8.3% from 2025 to 2030. Increasing consumption of functional food and beverages around the world is the main factor expected to boost the demand for synbiotic products over the forecast period. In addition, rise in the consumption of probiotics and prebiotics owing to widespread awareness regarding health benefits in India, China, and Japan is expected to provide growth opportunity for the market in the near future.

Growing trend of fortifying functional food and beverages with prebiotics and probiotic ingredients to enhance nutritional content and product offerings will open new avenues for the market in coming years. For instance, in February 2020, Asmara, a Singapore brand owned by F&B consultancy company NU3x, will launch six functional powders containing synbiotics by the end of March, 2020. The products are designed to enhance immunity, cognitive health, energy, and vitality. Major vendors are adopting merger & acquisition strategies to enhance product offerings. For instance, in November 2019, Synbiotic Health entered into a licensing agreement with NUtech Ventures, the nonprofit technology commercialization affiliate of the University of Nebraska, to develop innovative synergistic synbiotics.

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Functional food and beverage emerged as the largest product segment with a share of 84.1% in 2019. Growing awareness among consumers regarding associated benefits of fortified functional food and beverages for the enhancement of gut health is projected to be a key factor for the segment growth. Additionally, increasing application of fortified food and beverages to improve immunity, cardiovascular health, and cognitive health is expected to provide growth opportunity for the segment over the forecast period. Dietary supplement is expected to witness the fastest growth over the forecast period. Increasing number of health conscious consumers is expected to support the growth of dietary supplements in coming years.

The offline segment held a leading market share in 2019. High availability at supermarket and hypermarket and pharmacy stores is the main factor expected to favor the sales of synbiotic products through the offline channel in coming years. While the popularity of online sales channel is steadily growing, around 83% of consumers prefer the offline channel as it provides the leverage of feel, touch, and taste, thus driving the sales of synbiotic products through offline channel.

Europe emerged as the largest regional market with a share of 37% in 2019. This is attributed to high awareness regarding health benefits, coupled with the availability of synbiotic products. Asia Pacific is expected to expand at the fastest CAGR of 9.5% from 2020 to 2027. Growing middle class population and rapid urbanization, along with growing awareness regarding health benefits of synbiotics, are the major factors expected to drive the regional market over the forecast period. Shifting consumer inclination towards functional food and beverages on account of rising incidence of cardiovascular disorders and surge in the number of weight management programs is expected to propel the demand for synbiotic products in coming years.

Synbiotic Product Market Report Highlights

  • Based on product, functional food & beverages dominated the market with the largest revenue share of 83.4% in 2024. Increasing fortification of food and beverages to enhance nutritional value is the main factor propelling the segment growth.
  • Online channel is expected to grow at the fastest CAGR over the forecast period. This is attributed to increasing consumer preferences for e-commerce and dependence of generation X, millennials, and generation Z parents on internet.
  • Europe dominated the synbiotic products market with a share of exceeding 35.1% in 2024 due to increasing consumption of functional food and beverages, along with growing awareness regarding health benefits of prebiotics and probiotics among the consumers.
  • Asia Pacific is expected to expand at the fastest CAGR of 9.5% over the forecast period on account of rising consumption of functional drinks in countries, like Japan, China, India, and New Zealand.

List of Key Players in the Synbiotic Product Market

  • Daflorn Ltd
  • Sabinsa
  • Danone
  • Yakult Honsha Co. Ltd
  • Probiotical S.p.A
  • United Naturals
  • Pfizer Inc.
  • Synbiotic Health
  • NUtech Ventures
  • Asmara (NU3x)

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

Medical X-ray Generators Market Focuses on User-Friendly Interfaces

The global medical X-ray generators market size is expected to reach USD 2.9 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.1% from 2023 to 2030. The unprecedented shift in lifestyle-associated habits coupled with increasing prevalence of chronic diseases is responsible for the rise in demand for accurate diagnostic tools, which is presumed to bolster the market growth. In addition, the global geriatric population base that is highly susceptible to developing these chronic diseases is anticipated to impel the demand for high-resolution imaging systems. This high requirement is effectively addressed by the use of medical X-ray generators, thus presenting the market with high growth potential throughout the forecast period. In addition, these devices lead to better patient outcomes, which include faster detection of disease conditions and improved patient safety profile. These associated benefits are expected to increase the overall adoption rate of medical X-ray generators over the coming years

Furthermore, technological advancements such as modification of the design of computer-controlled X-ray generator interface with imaging system result in better synchronization of the overall imaging system with X-ray generators. This has resulted in the application of medical X-ray generators in fluoroscopy, radiography, and angiography, thus widening the potential for growth during the forecast period. The outbreak of the COVID-19 pandemic led to a decline in research activities, the closure of universities and academic institutions, and a decline in clinical trial activities. The fear of virus spread also declined diagnostic or surgical activities at end-use settings. The economic crunch at hospitals, diagnostic centers, or clinics led to the reduced adoption of software and systems for non-invasive diagnosis. Thus, the pandemic led to a decline in the market in 2020.

Order a free sample PDF of the Medical X-ray Generators Market Intelligence Study, published by Grand View Research.

Medical X-ray Generators Market Report Highlights

  • By type, the stationary segment held the largest share of over 65.0% in 2022. This can be attributed to low costs, high stability, and durability associated with the device, which is responsible for the high adoption rate in hospital settings
  • By application, the cardiovascular segment held the largest share of over 15.0% in 2022. This is primarily a consequence of the increasing prevalence of cardiovascular diseases. In addition, the high demand for monoenergetic X-ray generators for cardiovascular imaging owing to the appropriate and safe intensity of energy projections is presumed to provide growth potential to the market
  • In 2022, North America held the largest share of over 35.0%. The presence of government regulatory authorities consistently striving toward high patient safety is a significant factor that is presumed to be responsible for the regional market growth

Regional Insights

North America dominated the overall market with a revenue share of over 35.0% in 2022 owing to the high physician preference for radiographic diagnostic procedures due to the greater patient safety associated with these procedures. In addition, the presence of government initiatives promoting patient safety is responsible for market growth across this region. Medical devices that cannot be manufactured in different regions continue to present lucrative opportunities for U.S.-based medical X-ray device exporters. The U.S. captured a substantial share of the North American market in 2022. Consistent efforts by market players and government organizations to pass through the market barriers for sustained export opportunities will drive the market in this region. 

List of Key Players of the Medical X-ray Generators Market

  • Spellman High Voltage Electronics Corporation
  • Siemens Healthineers
  • Communications & Power Industries LLC
  • DRGEM Corporation
  • Innomed Medical Zrt.
  • DMS Group LLC
  • ECORAY
  • Josef Betschart AG
  • Poskom Co. Ltd.
  • SEDECAL
  • Neusoft Medical Systems
  • EMD Technologies
  • Nanning Yiju Medical Electronic Co. Ltd.

Gather more insights about the market drivers, restrains and growth of the Global Medical X-ray Generators Market

Malonic Acid Market Focuses on Regulatory Compliance and Safety Standards

The global malonic acid market size is expected to reach USD 136.2 million by 2030, expanding at a CAGR of 2.9% during the forecast period, as per the new report by Grand View Research, Inc. The market has experienced growth in response to the burgeoning demands of the pharmaceuticals and food and beverage industries.

The rise in population and changing consumer preferences have contributed to an increase in the demand for food additives and pharmaceuticals, thereby raising the demand for malonic acid. Moreover, the newfound awareness regarding the potential advantages of employing plant growth regulators in agriculture has also fueled the need for malonic acid.

Additionally, it is anticipated that the growing number of fire safety standards and regulations developed around the world will fuel market growth. However, growing health and safety concerns, rising pricing for flame retardant products, and rising concerns about hazardous substances are limiting the growth.

Malonic acid has become a vital element in the creation of biodegradable plastic. This latest trend is a result of the growing concern surrounding the use of non-biodegradable plastics and their negative impact on the environment. This shift towards biodegradable plastics is expected to drive up the need for Malonic acid as it serves as a fundamental component in their creation. Projections suggest that the demand for eco-friendly and sustainable plastics will continue to rise, resulting in a surge in product demand.

Order a free sample PDF of the Malonic Acid Market Intelligence Study, published by Grand View Research.

Malonic Acid Market Report Highlights

  • North America is expected to witness the fastest CAGR of 3.4% from 2023 to 2030, due to rising demand for pharmaceuticals, food additives, and cosmetics industry in North America
  • Pharmaceutical segment is expected to register the fastest CAGR of 3.8% from 2023 to 2030. Because in the pharmaceutical industry, it is utilized as a precursor in the creation process of drugs such as barbiturates, non-steroidal anti-inflammatory drugs (NSAIDs), and vitamin B1
  • In 2022, the flavor enhancer segment was the largest application segment, due to the rising demand for flavor enhancers in the food and beverage industry
  • Prominent global companies are implementing capacity expansions, establishing partnership agreements with distributors, and executing diverse operational strategies to gain a competitive edge in the market
  • Nacalai Tesque, Inc. are procuring well-known distributors worldwide based on their market reach and presence, augmenting their product placement, and ultimately, broadening their market share within a specific region

Key Companies & Market Share Insights

International corporations are actively pursuing capacity expansions, collaborating with distributors in partner agreements, research & development, and pursuing other effective operational strategies to enhance their competitive edge in the market. For instance,Lygos Inc. made a public announcement in November 2022, detailing their research and development collaborative efforts with Ginkgo Bioworks. The two companies intend to undertake research in two specific programs for around two years, to develop biodegradable formulations and specific products constructed from polymers. Most of the key industry players are integrated across the value chain posing entry barriers for new market players.

List of Key Players in the Malonic Acid Market

  • Lonza Group
  • Wuhan Kemi-Works Chemical Co., Ltd.
  • Shanghai Nanxiang Reagent Co., Ltd.
  • Columbus Chemical Industries, Inc.
  • TATEYAMA KASEI co., Ltd
  • Trace Zero LLC
  • Medical Chem (Yancheng) Manuf.Co., Ltd.
  • J&K Scientific Ltd.
  • Lagos
  • Hefei TNJ Chemical Industry Co., Ltd.

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

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