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Therapeutic Drug Monitoring Market Challenges: Overcoming Data Management Issues

The global therapeutic drug monitoring market size is estimated to reach USD 2.32 billion by 2030, expanding at a CAGR of 3.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Recent technological advancements in the Point-of-Care (PoC) devices hold considerable transformative promises for the personalized predictive and preventive medicine. Therapeutic Drug Monitoring (TDM) forms a foundational part to the devising of personalized treatment plans for patients; and the advent of PoC diagnostic devices that yield quantitative measurements of the drug concentration plays a pivotal role in supporting the development of the precision medicine field in the healthcare sector. However, the broad application of the PoC devices for patient monitoring is still lagging behind. The presence of this untapped opportunity is one of the high impact rendering drivers for the market growth.

The employment of continuous therapeutic drug and metabolite monitoring in the early phase of the medication regimen, administered post-organ transplantation, forms a major application in the areas of critical care medicine and organ transplantation, which is expected to propel the growth of the therapeutic drug monitoring market over the forecast period. In addition, the imposing burden of diseases, such as epilepsy and cancer, the rising government initiatives, and the presence of high-unmet needs are some of the crucial determinants expected to further favor the emergence of this market.

Access the Therapeutic Drug Monitoring Market Size, Share & Trends Analysis Report By Product (Equipment, Consumables), By Drug Class (Antiarrhythmic Drugs), By End Use (Diagnostic Centers), By Region, And Segment Forecasts, 2024 – 2030

Therapeutic Drug Monitoring Market Report Highlights

The consumables segment covered over 65.4% of the market share in 2023 as a consequence of the extensive requirement of the consumables in the research laboratories and due to the repeat purchase of the kits and reagents.

The immunosuppressants segment is expected to grow fastest, with a compounded annual growth rate of 5.3% over the forecast period.

The hospital segment dominated the market share in 2023. In larger hospitals, various underlying technologies are employed to perform immunoassays; these comprise chemiluminescence, nephelometry, colorimetry, and fluorescence, which are available for the testing of a wide ranging drug panel.

The drug monitoring for the immunosuppressants is one of the fastest growing application segments owing to the introduction of novel TDM point-of-care testing devices for the evaluation of the concentration of administered immunosuppressants and the complementary metabolites, in order to achieve a prominent therapeutic effect while preventing drug toxicity events in patients that have undergone transplantations.

Key Therapeutic Drug Monitoring Company Insights

Some of the key companies in the therapeutic drug monitoring market are Abbott, ALPCO, Beckman Coulter, Inc., Bio-Rad Laboratories, Inc., Thermo Fisher Scientific Inc., Chromsystems Instruments & Chemicals GmbH, F.Hoffmann-La Roche Ltd., Randox laboratories Ltd, Siemens Healthineers AG., and biomérieux, Inc. Organizations are focusing on increasing customer base to gain a competitive edge in the industry. Therefore, key players are taking several strategic initiatives, such as mergers and acquisitions and partnerships with other major companies.

Abbott, known for its diagnostic technologies, offers a range of products and solutions tailored to monitor drug levels in patients effectively. These include assays and instruments that aid healthcare providers in optimizing medication dosages, ensuring efficacy, and enhancing patient safety across various therapeutic areas.

ALPCO (American Laboratory Products Company) is a player in the therapeutic drug monitoring market, specializing in providing high-quality assays and immunoassay kits. These products are designed to accurately measure drug levels in patient samples, supporting healthcare providers in optimizing therapeutic outcomes and patient management.

Order your free sample copy of “Therapeutic Drug Monitoring Market Report 2024 – 2030, published by Grand View Research

Key Therapeutic Drug Monitoring Companies:

The following are the leading companies in the therapeutic drug monitoring market. These companies collectively hold the largest market share and dictate industry trends.

Abbott
ALPCO
Beckman Coulter, Inc
Bio-Rad Laboratories, Inc
Thermo Fisher Scientific Inc.
Chromsystems Instruments & Chemicals GmbH
F.Hoffmann-La Roche Ltd.
Randox laboratories Ltd
Siemens Healthineers AG.
biomérieux, Inc.

About Grand View Research:

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058
Email: sales@grandviewresearch.com

Fabric Softener and Conditioner Market Webinars: Upcoming Events and Key Topics

The global fabric softener and conditioner market size is expected to reach USD 18.35 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 3.4% during the forecast period. Rising adoption of fabric conditioners for maintaining the elasticity of fabrics is projected to drive the growth. These products help maintain softness of products and lighten the textile fibers. Growing demand for eco-friendly cleaning products owing to rising concerns over water pollution and hazardous effects associated with chemicals are expected to open new growth avenues in near future.

Liquid product segment exceeded USD 10 billion in 2018. Liquid products protect clothes from stretching and fading. Increasing adoption of top-load machines across the world is expected to further fuel the use of liquid products as they can be easily incorporated in washing machine dispensers. Rising adoption of washing machines in emerging economies is projected to further fuel the demand.

Commercial application held the largest market share in 2018 and is expected to register a CAGR of 4.4% from 2019 to 2025. Growing textile and hospitality industries is expected to drive the segment growth. Hospitality industry requires freshly washed and stain-free towels, bed sheets, and pillow covers among other products on a daily basis. This factor is anticipated to boost growth of the commercial application segment in near future.

Access the Fabric Softener And Conditioner Market Size, Share & Trends Analysis Report By Product, By Type (Organic, Conventional), By Application, By Distribution Channel, By Region, And Segment Forecasts, 2024 – 2030

Asia Pacific is expected to witness the fastest CAGR of 6.1% from 2019 to 2025. Rising household income in emerging economies including China and India is expected to remain a favorable factor. Increasing product launches in these countries is projected to positively influence the regional growth. In April 2018, Hindustan Unilever launched a fabric conditioner under the brand name, Comfort Pure for baby clothes. In March 2019, Proctor & Gamble launched plant-based product line under the Home Made Simple brand. Under this category, the company will offer a wide range of products including soaps, multipurpose cleaners, laundry detergents, and fabric softeners.

Fabric Softener And Conditioner Market Report Highlights

The liquid segment held the largest market revenue share of 55.5% in 2023. The demand for liquid fabric softeners & conditioners is increasing primarily due to consumer preferences for convenience and effectiveness.

The organic segment is anticipated to grow at the fastest CAGR over the forecast period. The demand for organic fabric softeners & conditioners is expected to rise primarily due to increasing consumer awareness and preference for natural ingredients and environmentally friendly products.

The commercial segment held the largest market revenue share in 2023. Commercial users such as hotels, hospitals, and laundromats prioritize products that ensure fabric quality and customer satisfaction.

The online segment is anticipated to witness the fastest CAGR over the forecast period. Online platforms offer consumers a convenient shopping experience, allowing them to browse various products and compare prices from various brands without leaving their homes.

Asia Pacific dominated the market with largest market revenue share of 38.3% in 2023. As disposable incomes rise, consumers are increasingly willing to spend money on products that enhance the quality and comfort of their clothing.

Order your free sample copy of “Fabric Softener And Conditioner Market Report 2024 – 2030, published by Grand View Research

Key Fabric Softener And Conditioner Company Insights

Some of the key companies in the fabric softener & conditioner market include Procter & Gamble; Unilever PLC; Reckitt Benckiser Group PLC; Henkel AG & Co. KGaA; Colgate-Palmolive Company

Procter & Gamble, with its Downy professional fabric softeners, makes fiber soft and delivers a long-lasting freshness on fabrics. Downy professional is utilized in washing machines by industries such as hotels and healthcare. It is also often used in residential laundry use.

Unilever PLC’s fabric conditioner brand Comfort, with additional variants such as Comfort Easy Iron and Comfort Bright Whites, is used to make cloths smooth, preserve their color, and prevent wrinkles. It also provides long-lasting freshness and fragrances.

Key Fabric Softener And Conditioner Companies:

The following are the leading companies in the fabric softener and conditioner market. These companies collectively hold the largest market share and dictate industry trends.

Procter & Gamble
Unilever PLC
Reckitt Benckiser Group PLC
Henkel AG & Co. KGaA
Colgate-Palmolive Company
Marico Limited
LG H&H Co., Ltd.
Pigeon Singapore Pte Ltd.
Church & Dwight Co., Inc.
Melaleuca Inc.

About Grand View Research:

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Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058
Email: sales@grandviewresearch.com

Deep Packet Inspection Market Threat Landscape: Adapting to New Risks

The global deep packet inspection market is expected to be valued at USD 123.40 billion by 2030, growing at a CAGR of 25.1% from 2024 to 2030. DPI is a surveillance technology that allows ISPs to keep real-time track of the content being generated over data packets. It helps in detecting malicious software, scrutinizing filters along with chats and website history. This technology is gaining popularity owing to its ability of efficient traffic management along with maximizing revenue opportunities.

Rising mobile device penetration, adoption of high speed broadband along with constant pressure for offering enhanced services on ISPs is projected to drive the DPI market demand over the next six years. This technology offers precaution against terrorism, ensures data security along with traffic prioritization. Further, it can be used for eavesdropping and data mining purposes amongst others.

Growing popularity of embedded and integrated DPI, usage of technology in traffic filtering for regulatory compliance, increasing need for monetizing and optimizing internet services and growing significance in network security are key factors which are anticipated to escalate DPI market growth.

Access the Deep Packet Inspection Market Size, Share & Trends Analysis Report By Enterprise Size, By Component, By Deployment, By Installation, By Application, By End-use, By Region, And Segment Forecasts, 2024 – 2030

The inspection technology allows ISPs to gather subscriber’s data, analyze the browsing habits along with gaining insight into subscriber’s inclination similar to OSS and BSS which is projected to positively impact deep packet inspection market growth.

Government sector requires enhanced security measures owing to the availability of confidential data by offering significant level of censorship surveillance and security. However, lack of awareness along with network neutrality and privacy concerns are projected to act as a challenge for the DPI market. In addition, consumer concern about the misuse of private data by third party entities can act as a restraint for industry growth.

Deep Packet Inspection Market Report Highlights

The market has been segmented on the basis of products into standalone and integrated. Integrated products can be used with access points in network whereas standalone products can be used directly. Prominent features such as video optimization, traffic steering and caching are leading to the increased usage of standalone products.

On the basis of application, the industry can be categorized into education, enterprises, ISP and government sector. ISPs offer augmented targeted advertising, policy definition, tiered services and lawful intercept and offer statistical information about the usage pattern beneficial for network planning.

Asia Pacific is expected to be the dominant region owing to the rising number of subscribers in this region. Favorable government regulations, rise in mobile computing are driving growth in this region.

Key players in the industry include Cisco System, Sandvine Inc, Bivio Networks Inc, AT&T Inc., Verizon Communication Inc, Rackspace Inc., Qosmos, Arbor Networks Inc., Allot Communication Ltd and Huawei. Industry vendors are adopting new product launches and acquisitions as the key to excel in the market. High bandwidth requirements along with emergence of data intensive applications have propelled network operators in offering enhanced solutions and services to the customers. Growing mobility is anticipated to offer avenues towards profitability of DPI industry participants.

Order your free sample copy of “Deep Packet Inspection Market Report 2024 – 2030, published by Grand View Research

Key Deep Packet Inspection Company Insights

Some of the key companies in the deep packet inspection market include Cisco Systems, Inc.; NexNet Solutions; and VIAVI Solutions Inc.

Cisco currently offers two hardware-based solutions to achieve deep packet inspection (DPI) functionality. These solutions include the Cisco Service Control Engine (SCE) product line and the recently introduced PISA hardware designed for the Cisco 6500/7600 Supervisor 32.

NexNet’s Deep Packet Inspection Solution offers an advanced, comprehensive, and precise analysis of all IP traffic. This solution effectively extracts in-depth, high-quality application metadata, supports a wide range of protocols, facilitates real-time network flow, safeguards against unauthorized intrusions, and effectively detects attacks on firewalls or exploitation of IoT devices.

Key Deep Packet Inspection Companies:

The following are the leading companies in the deep packet inspection market. These companies collectively hold the largest market share and dictate industry trends.

Cisco Systems, Inc.
ipoque GmbH
ENEA
NexNet Solutions
Palo Alto Networks, Inc.
Zoho Corporation Pvt. Ltd
Sandvine
Juniper Networks, Inc.
VIAVI Solutions Inc.

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Grand View Research, Inc.

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Heart Attack Diagnostics Market Challenges: Addressing Barriers to Effective Diagnosis

The global heart attack diagnostics market size is expected to reach USD 18.52 billion by 2030, according to a new report by Grand View Research, Inc. The heart attack diagnostics market is anticipated to grow at a CAGR of 8.2% during the forecast year from 2024 to 2030. The overall risk factors and the disease burden remains large, thereby rendering the heart attack diagnostic sectors a profitable growth prospect. This growth is attributed to a majority of factors, such as high prevalence of coronary heart diseases, increased tobacco smoking, and obesity, enhanced adoption of unhealthy diet is resulting in a high cholesterol incidence in individuals, particularly in the rising geriatric population. However, the low Medicare reimbursement provided for the mobile cardiac outpatient telemetry electrocardiogram (ECG) and the progressively declining heart attack incidence rates are expected to hamper the market growth.

Access the Heart Attack Diagnostics Market Size, Share & Trends Analysis Report By Test (Electrocardiogram, Blood Test), By End-use (Hospitals, Ambulatory Surgical Centers), By Region, And Segment Forecasts, 2024 – 2030

The heart attack diagnostics market has been classified by product into electrocardiogram, which measures the electrical activity of the heart; echocardiogram, a form of ultrasound test that provides images of the heart; blood tests that measure the expression of certain proteins in excess, such as troponin levels, and cardiac enzymes; and other diagnostic products. The ECG segment is expected to witness a significant growth rate in developing countries, owing to the technological advances coupled with increasing applications of ECG. Although, the increasing demand for cost effective, rapid blood tests such as troponin and Creatine Kinase MB Isoenzyme (CK-MB) is likely to acquire major market share in the near future. The key countries landscape included in the report are U.S., Canada, Germany, UK, China, India, Brazil, Mexico, South Africa, and Middle East. The Asia Pacific region is anticipated to be the fastest growing region during the forecast period. On the other hand, North America is estimated to dominate the global heart attack diagnostics market.

Heart Attack Diagnostics Market Report Highlights

North America is estimated to dominate the global heart attack diagnostics market. The increasing awareness about heart attacks, its causative and risk factors, and enhanced uptake and acceptance of technologically advanced diagnostics is expected to contribute to the market growth.

The Asia Pacific region is expected to be the fastest growing region during the forecast period. to The reason being the considerably large burden of heart diseases in certain developing regions, such as in India, where 2.4 million people die annually due to heart diseases. As a result of the soaring incidences of heart diseases, an urgent requirement to undertake awareness measures and incorporate advanced diagnostics is expected to fuel the market growth.

The Troponin segment dominated the blood tests market and accounted for a share of 62.5% in 2023. Troponin T, a protein present in the heart muscle, is crucial in diagnosing heart attacks through a high-sensitivity troponin T test.

Key Heart Attack Diagnostics Company Insights

The surge in competition is driving rapid technological progress, prompting companies to enhance their products through extensive research and development efforts. Leading companies are adopting various strategic approaches like mergers & acquisitions, partnerships, and new product introductions to increase their market presence.

Order your free sample copy of “Heart Attack Diagnostics Market Report 2024 – 2030, published by Grand View Research

Key Heart Attack Diagnostics Companies:

The following are the leading companies in the heart attack diagnostics market. These companies collectively hold the largest market share and dictate industry trends.

GE Healthcare
Hitachi Corporation
Koninklijke Philips NV
Midmark Corporation
F Hoffmann-La Roche Ltd
Schiller AG
Siemens Healthineers
Toshiba Corporation
Welch Allyn Inc
Astrazenca PLC

Recent Developments

In June 2024, Philips announced the launch of Philips Cardiac Workstation aims to transform diagnostic cardiology with introduction of new Cardiac Workstation, to enhance cardiology patients care and accelerate clinical decision making in Middle East and Africa (MEA) and Europe
In April 2024, GE Healthcare introduced Caption AI on Vscan Air SL to expand cardiac care access by allowing more clinicians/medical professional capture diagnostic-quality cardiac images.

About Grand View Research:

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Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058
Email: sales@grandviewresearch.com

Smart Shoes Market Update: Innovations in Wearable Technology

The global smart shoes market size is expected to reach USD 1,103.2 million by 2030, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 15.3% from 2024 to 2030. Rising focus on adopting a fit and healthy lifestyle is anticipated to drive the growth. Factors such as rising consumer awareness regarding availability of various fitness tracking gadgets and rapid technological advancements are expected to further fuel the product demand.

Smart shoes offer support in the form of individual disease monitoring, and monitoring of mobility and gait. Rising preference for real-time fitness tracking process has paved the market for technology-integrated footwear over traditional shoes which has resulted in increasing traction for the smart shoes market. These smart shoes can provide real-time biometric data and calculate the distance travelled and burned calories with the help of embedded sensors and Bluetooth operated insoles, which help consumers track their achievements.

Access the Smart Shoes Market Size, Share & Trends Analysis Report By Type (Athletic Shoes, Non-Athletic Shoes), By End Use (Men, Women), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2024 – 2030

Increasing number of users are opting for walking and running as a part of their fitness regime. In 2017, about 60 million people in U.S. participated in running, jogging, and trail running, while around 100 million people opted for walking as a form of exercise. Rising adoption of athleisure and fitness as a way of life is expected to drive the demand for smart textiles and wearables including smart shoes. Rising inclination toward sneakers in footwear industry owing to the popularity of the sporty look is anticipated to fuel the adoption of smart sneakers. Manufacturers focus on new product development to introduce smart technology in traditional shoes. For example, Under Armour, Inc. introduced its latest smart shoe HOVR Sonic2, display features such as step tracking, distance covered and instant health stats and smartphone connectivity.

Female end user segment of the market is expected to witness the fastest CAGR of 20.5% from 2019 to 2025 owing to the rising sports culture and consumer awareness coupled with increased female participation in various sporting events. For instance, Olympic Games, International Women’s Cricket, and Grand Slam Tournaments are witnessing increased female participation, which is expected to positively influence the demand for smart shoes.

Based on distribution channel, specialty stores held the largest market share of 64.1% in 2018, owing to easy availability and wide distribution network of these stores. Rising number of footwear stores in developing countries owing to increasing preference for new and smart wearables has added to the demand for these stores in countries such as Brazil, India, and China. Mass brands such as Nike Inc.; Under Armour, Inc.; Adidas AG; and Xiaomi among others have multiple outlets featuring shoes and other sports accessories across different parts of the world.

Asia Pacific is expected to expand at the fastest CAGR of 21.3% from 2019 to 2025. Rising number of sports tournaments in the region is projected to drive the consumer awareness regarding different sports as well as the importance of fitness, which in turn is anticipated to fuel the regional product demand in the forthcoming years.

Smart Shoes Market Report Highlights

In terms of revenue, North America held the largest market share of around 39% in 2018

Male end user segment held the largest market share of over 50% in 2018 and is anticipated to continue leading over the forecast period

Online distribution channel segment is projected to expand at a CAGR of 20.6% during the forecast period

The smart shoes market is highly competitive in nature with the presence of key players including Nike Inc.; Adidas AG; Under Armour Inc.; Digitsole; Puma SE; Salted Venture; TRAQshoe; Vivobarefoot; Xiaomi Corporation Limited; and ShiftWear

Order your free sample copy of “Smart Shoes Market Report 2024 – 2030, published by Grand View Research

Key Smart Shoes Company Insights

Some of the companies in the smart shoes market include Nike, Inc.; Adidas AG; Under Armour, Inc.; Puma SE; Xiaomi.; Altra Running; ASICS Corporation. Vendors in the market are focusing on increasing their customer base to gain a competitive edge in the industry. Therefore, key players are taking several strategic initiatives, such as mergers and acquisitions, partnerships, and collaboration with other major companies. For instance, in January 2024, Hyperice and Nike, Inc. entered into a footwear & apparel collaboration and created the Nike x Hyperice boots and vest, wearable technology that is expected to help athletes in recovery during training and competition.

Key Smart Shoes Companies:

The following are the leading companies in the smart shoes market. These companies collectively hold the largest market share and dictate industry trends.

Nike, Inc.
Adidas AG
Under Armour, Inc.
Puma SE
Xiaomi.
Altra Running
ASICS Corporation
Digitsole Pro
Li-Ning Company Limited

About Grand View Research:

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Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058
Email: sales@grandviewresearch.com

Silver Nanoparticles Market Insights: 2024 Trends

The global silver nanoparticles market size is estimated to reach USD 4.53 billion in 2030 and is projected to grow at a CAGR of 7.5% from 2024 to 2030. Rising demand for antimicrobial materials in healthcare applications is expected to drive the market over the forecast period. The development of high-end electronics coupled with the growing demand for gadgets is expected to promote silver nanoparticle market growth over the next seven years.

Growth of the healthcare market on account of growing consumer awareness regarding general well-being, increasing geriatric population, and rise in disposable income is expected to augment the market. Increasing demand for antimicrobial textiles on account of rising consumer awareness regarding hygiene is anticipated to stimulate market growth.

Access the Silver Nanoparticles Market Size, Share & Trends Analysis Report By Application (Electronics & Electrical, Healthcare, Food & Beverages, Textiles, Others), By Region, And Segment Forecasts, 2024 – 2030

Silver Nanoparticles Market Report Highlights

Increasing application scope of silver nanoparticles in transparent conductors, which are widely used in touch screens, LED & OLED display and lighting coupled with the growing demand for high-end gadgets is expected to drive market growth

Rising awareness regarding prevention of hospital-acquired diseases is expected to play an important role in promoting the use of silver nanoparticles in medical devices & equipment and textiles

Increasing application scope of silver nanoparticles in children’s toys, in order to reduce the spread of diseases by minimizing surface antimicrobial activities, is expected to open new opportunities for market growth over the forecast period

The emergence of nano-finished textiles for odor control and curb growth of infection-causing bacteria is expected to propel market demand

The presence of a stringent regulatory framework, particularly in North America and Europe, is anticipated to hamper the silver nanoparticles market. Furthermore, numerous studies have been undertaken to ascertain the harmful effects of nanosilver to the environment, which is further anticipated to restrain the market growth

Order your free sample copy of “Silver Nanoparticles Market Report 2024 – 2030, published by Grand View Research

Key Silver Nanoparticles Company Insights

Some of the key companies in the silver nanoparticles market include Nanocs Inc., Nanoshel LLC; NanoHorizons Inc.; ANP CORPORATION. Key players are taking several strategic initiatives, such as innovation, mergers and acquisitions, and partnerships with other major companies.

Applied Nanotech, Inc. specializes in nanotechnology research and development. They focus on creating innovative solutions using nanomaterials. They collaborate with industry partners, government agencies and academic institutions to advance nanotechnology.

American Elements focuses on ultra-high purity and nanoscale materials, they serve global manufacturers across various sectors including energy, electronics, aerospace, defense and green technology.

Key Silver Nanoparticles Companies:

The following are the leading companies in the silver nanoparticles market. These companies collectively hold the largest market share and dictate industry trends.

American Elements
Applied Nanotech, Inc.
Cline Scientific AB
EMFUTUR technologies
Meliorum Technologies, Inc.
Nanocs Inc.
Nanoshel LLC
NanoHorizons Inc.
ANP CORPORATION

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Grand View Research, Inc.

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Drug And Gene Delivery Devices Market Demand Rises with New Treatments

The global drug and gene delivery devices market size is expected to reach USD 1.22 billion by 2030, registering a CAGR of 9.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising investment by the market players to develop innovative drug delivery systems to cater to the demand by the patients as well as to increase the bioavailability at minimum quantity of active pharmaceutical ingredient is driving the market growth. Additionally, increasing focus on R&D of gene delivery systems owing to the high growth potential of gene therapy for the treatment of a wide range of diseases is expected to fuel the market growth in the future.

Drug delivery systems are in a constant evolution along with the changing preference by the patient. For instance, initially, hormone replacement therapy was widely prescribed in the form of pills, whereas, it is now available in the form of prefilled syringes, patches, vaginal rings, gel, and sprays. The principal purpose of development of different forms of delivery systems is to increase the ease of use. Factors such as aesthetics of the delivery systems, price, and amount of API are also considered while designing the drug delivery system.

Access the Drug And Gene Delivery Devices Market Size, Share & Trends Analysis Report By Route Of Administration (Oral, Inhalation, Transdermal), By Vector (Viral, Non-Viral), By Region, And Segment Forecasts, 2024 – 2030

Drug And Gene Delivery Devices Market Report Highlights

In 2023, the oral segment dominated the market and accounted for the largest revenue share of 52.7%, owing to its convenience and ease of administration.

The injectable segment is expected to witness the fastest CAGR of 11.0% during the forecast period, fueled by increasing prevalence of life-threatening diseases and advancement in injectable drug delivery devices.

In 2023, North America dominated the drug and gene delivery devices market with a revenue share of 54.0%, owing to the rising number of people suffering from chronic diseases.

The drug and gene delivery devices market in Asia Pacific is projected to witness growth during the forecast period. The growth can be attributed to the increasing prevalence of chronic diseases such as heart disease, diabetes and cancer owing to the changing lifestyle, increase in consumption of alcohols and cigarettes.

Key Drug And Gene Delivery Devices Company Insights

Some of the key companies in the drug and gene delivery devices market include, Uniqure N.V.; Shanghai Sunway Biotech Co., Ltd; Pfizer, Inc.; Johnson and Johnson.

UniQure NV develops adeno-associated virus (AAV) based gene therapies with the help of its gene technology platform and offers treatments to patients suffering with severe genetic disorders.

Epeius Biotechnologies Corporation develops anti-cancer agents that eliminate metastatic disease.

Order your free sample copy of “Drug And Gene Delivery Devices Market Report 2024 – 2030, published by Grand View Research

Key Drug And Gene Delivery Devices Companies:

The following are the leading companies in the drug and gene delivery devices market. These companies collectively hold the largest market share and dictate industry trends.

Uniqure N.V.,
SiBiono GeneTech Co.
Epeius Biotechnologies Corporation
Shanghai Sunway Biotech Co., Ltd
Pfizer, Inc.
F. Hoffmann-La Roche Ltd.
Johnson and Johnson
Novartis AG
Bayer AG
Becton, Dickinson and Company

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Grand View Research, Inc.

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Pico Projector Market Study Reveals Top Growth Drivers

The global pico projector market is expected to reach USD 19.20 billion by 2030, expanding at a CAGR of 21.2% from 2024 to 2030, according to a new study by Grand View Research, Inc. Smartphone proliferation coupled with high convenience when integrated with portable electronic devices is anticipated to elevate demand. Technological advancements have resulted in enhanced contrast ratio and high pixel quality. Portability and compatibility with Wi-Fi, WiMax, and 3G/4G technologies offered by these products is estimated to drive industry growth.

Pico projectors have the ability to project content from mobile and other electronic devices onto a wall, notebook, or portable projection screens. Strong economic growth coupled with rising consumer disposable income may catalyze adoption particularly in consumer electronics and automobiles. Increasing adoption of smart devices and the advent of Internet of Things (IoT) may catapult demand over the next few years. The industry is poised for growth due to expanding application areas and increasing demand for mobility across all sectors. Growing adoption of Bring Your Own Device (BYOD) policies in the corporate sector may also spur product demand.

Access the Pico Projector Market Size, Share & Trends Analysis Report By Technology, By Product (USB, Embedded, Media Player, Stand-alone), By Compatibility, By Application, By Region, And Segment Forecasts, 2024 – 2030

Pico Projector Market Report Highlights

The digital light processing segment accounted for the largest market revenue share at 49.9% in 2023. The segment growth is attributed to the advantages of DLP technology, which utilizes micro mirrors to control light and deliver images with color accuracy and brightness.

Standalone pico projectors accounted for the largest market share in 2023. These projectors allow users to connect with laptops, smartphones, or tablets.

The smartphones segment dominated with the largest market share in 2023. Integrating pico projectors with smartphones allows users to mirror their smartphone screens onto the projector, enabling presentations, video playback, and sharing multimedia content directly from their mobile devices, enhancing convenience and flexibility, making pico projectors an extension of smartphones for professional and personal use.

The consumer electronic segment dominated the market in 2023. The growing demand for portable and versatile entertainment solutions fuels the consumer electronics segment.

Key players in the industry include 3M, AAXA Technologies, Microvision Inc., Samsung Electronics Co. Ltd., Sony Corporation, STMicroelectronics N.V., Texas Instruments, and Coretronic Corporation. Industry participants strive to develop products with enhanced image quality, resolution and brightness. Prominent players also emphasize on developing new generation HD micro-display chips for enhancing product offering.

Key Pico Projector Company Insights

Some key companies in the pico projector market include AAXA TECHNOLOGIES INC.; Coretronic Corp.; and LG Electronics.

AAXA Technologies specializes in using advanced nano-LCoS (Liquid Crystal on Silicon) systems in some of its projectors. It offers a range of pico projectors, mini projectors, and LED projectors. AAXA claims to have made the world’s smallest 1080P projector. Some of its latest launches of pico projectors include SLC450, P6X, and L500.

Coretronic Corp. manufactures DLP projectors, interactive projection systems, image signal processing boxes, wearable display solutions, LCD backlight modules, high-lumen laser projectors, and automotive augmented reality heads-up displays. Its proprietary MCLA technology enhances the quality of its

projectors.

Order your free sample copy of “Pico Projector Market Report 2024 – 2030, published by Grand View Research

Key Pico Projector Companies:

The following are the leading companies in the pico projector market. These companies collectively hold the largest market share and dictate industry trends.

AAXA TECHNOLOGIES INC.
Acer Inc.
Coretronic Corp.
Koninklijke Philips N.V.
Lenovo
Miroir USA
Samsung
SYNDIANT
Texas Instruments Incorporated

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Sherry James

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Grand View Research, Inc.

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Sheet Molding and Bulk Molding Compound Market: Addressing Challenges in Supply Chain Management

The global sheet molding and bulk compound market size is expected to reach USD 5.90 billion by 2030, registering a CAGR of 6.39% from 2024 to 2030, according to a new report by Grand View Research, Inc.
Sheet molding compound (SMC) is widely used in transportation applications because of its excellent mechanics and lightweight nature. They have electrical insulation and are resistant to fire, corrosion, and stains. Traditional materials such as steel, iron, and aluminum are being supplanted by SMC and BMC due to their distinct perceived benefits. Automobile makers are probably going to rely less on steel and more on sheet molding compound (SMC) as the market for lightweight materials and solid compounds grows.

The report “Sheet Molding And Bulk Molding Compound Market Size, Share & Trends Analysis Report By Resin Type (Epoxy, Polyester), By Fiber Type (Glass Fiber, Carbon Fiber), By Application, By Region, And Segment Forecasts, 2024 – 2030” is available now to Grand View Research customers and can also be purchased directly

In addition to the intrinsic limits of metals and their rising costs, a number of firms are substituting metal for thermoset composites in high-performance applications. This is helping to drive the expansion of the sheet molding compound (SMC) market. Many firms now favor lightweight materials because of the direct correlation between fuel usage and the weight of the materials used in manufacturing.
The market offers a lot of room for expansion and innovation, especially in the area of environmentally friendly and sustainable composites development. Global attention to sustainability and minimizing environmental effect has led to an increase in demand for recyclable or renewable materials. Producers are allocating resources to R&D in order to develop recyclable composites and bio-based resins that preserve the performance attributes of conventional SMC and BMC. Moreover, the growing utilization of these materials in developing sectors including infrastructure construction and renewable energy presents fresh opportunities for market participants to flourish.

Sheet Molding And Bulk Molding Compound Market Report Highlights:
Based on fiber type, glass fiber held the market with the largest revenue share of 63.07% in 2023. Glass fiber is the most commonly used reinforcement material in SMC and BMC due to its excellent mechanical properties, cost-effectiveness, and versatility
Based on application, automotive & transportation held the market with the largest revenue share of 31.23% in 2023. The automotive & transportation sector is a major driver of market growth, as SMC and BMC materials are increasingly used for manufacturing lightweight and high-strength components, such as body panels, bumpers, and structural parts
North America holds a substantial share of the market, driven by robust demand from the automotive and aerospace industries. The U.S., in particular, is a major contributor, with its strong manufacturing base and technological innovation
Order your free sample copy of “Sheet Molding And Bulk Molding Compound Market Report 2024 – 2030, published by Grand View Research

Sheet Molding And Bulk Molding Compound Market Segmentation
Grand View Research has segmented the global sheet molding and bulk molding compound market based on resin type, fiber type, application, and region:
Sheet Molding And Bulk Molding Compound Resin Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)
Epoxy
Polyester
Sheet Molding And Bulk Molding Compound Fiber Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)
Glass Fiber
Carbon Fiber
Sheet Molding And Bulk Molding Compound Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)
Automotive & Transportation
Aerospace
Electrical & Electronics
Building & Construction
Domestic Appliances
Others
Sheet Molding And Bulk Molding Compound Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
Italy
Asia Pacific
China
India
Japan
Australia
South Korea
Central & South America
Brazil
Argentina
MEA
South Africa
Saudi Arabia

List of Key Players in the Sheet Molding And Bulk Molding Compound Market
IDI Composites International
National Composites
MENZOLIT
Polynt (Polynt-Reichhold)
Continental Structural Plastics Inc. (TEIJIN)
ZOLTEK (Toray Group)
Mitsui Chemicals
TORAY INTERNATIONAL
Core Molding Technologies
Devi Polymers Private Limited
Zhejiang Yueqing SMC & BMC Manufacture Factory
Huayuan Advanced Materials Co., Ltd.
Resonac Holdings Corporation

About Grand View Research:
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Email: sales@grandviewresearch.com

Automotive Lighting Market: Future Trends in Automotive Exterior Lighting

The global automotive lighting market size is estimated to reach USD 48.73 billion in 2030, growing at a CAGR of 5.95% from 2024 to 2030, according to a new report by Grand View Research, Inc. Strict government policies and rising safety concerns are likely to propel growth over the forecast period. In addition, growing consumer awareness concerning the significance of adaptive lighting including dynamic bend light and a glare-free high beam is also expected to have a positive impact on the exterior lighting market.

Increasing apprehensions about using energy-efficient methods coupled with rising consumer disposable income are expected to drive the industry. In addition, growing demand for vehicles and technological advancements in the automotive industry is expected to propel utilization. Attractive growth opportunities for new entrants are expected in the industry owing to the growing number of total vehicles purchased y-o-y across BRIC nations. However, there is a need for legislative authorities to collaborate with light sourcing technology suppliers to develop flexible design techniques.

THE Automotive LED market is estimated to demonstrate considerable growth at a CAGR of over 12.0% from 2015 to 2022. Halogen lights contributed to over 66.0% of overall industry revenue in 2014, followed by LED and xenon. It has gained prominence on account of easy availability, low purchasing costs, and low replacement costs. However, rising fuel prices are expected to pose a threat to the industry.

Access the Automotive Lighting Market Size, Share & Trends Analysis Report By Solution, By Technology (Halogen, Xenon/HID, LED), By Application, By Sales Channel, By Region, And Segment Forecasts, 2024 – 2030

Automotive Lighting Market Report Highlights

LED segment accounted for the largest market revenue share of 46.4% in 2023.

Front lighting/headlamps accounted for the largest market revenue share in 2023. The evolution of vehicle design and styling has elevated the importance of headlamp aesthetics.

Original Equipment Manufacturers (OEMs) accounted for the largest market revenue share in 2023. The increasing production and sales of vehicles globally directly contribute to OEMs’ demand for automotive lighting systems.

The passenger vehicle segment accounted for the largest market revenue share in 2023. The increasing consumer preference for aesthetically appealing and technologically advanced vehicles is boosting the demand for innovative lighting solutions in passenger vehicles.

North America automotive lighting market dominated the market in 2023.

Order your free sample copy of “Automotive Lighting Market Report 2024 – 2030, published by Grand View Research

Key Automotive Lighting Company Insights

Some of the key companies in the automotive lighting market include Sony Corporation, Samsung Electronics, Bosch Sensortec, Texas Instruments Incorporated., and STMicroelectronics. Organizations are focusing on increasing their customer base to gain a competitive edge in the industry. Therefore, key players are taking several strategic initiatives, such as mergers and acquisitions, and partnerships with other major companies.

Samsung Electronics offers a diverse range of products tailored to meet the automotive industry’s stringent requirements. Samsung’s portfolio includes LED headlights, taillights, interior lighting modules, and OLED displays, each designed to enhance vehicle safety, efficiency, and design aesthetics.

Texas Instruments (TI) offers a comprehensive portfolio of products and solutions designed to enhance safety, efficiency, and performance in automotive lighting applications. These include advanced LED driver ICs (Integrated Circuits) that enable precise control of LED brightness, color temperature, and dimming capabilities, which are crucial for achieving optimal visibility and energy efficiency in headlights, taillights, and interior lighting.

Key Automotive Lighting Companies:

The following are the leading companies in the automotive lighting market. These companies collectively hold the largest market share and dictate industry trends.

Sony Corporation
Samsung Electronics
Bosch Sensortec
Texas Instruments Incorporated.
STMicroelectronics
Omnivision Technologies
Analog Devices
Panasonic Corporation
Knowles Electronics
InvenSense

About Grand View Research:

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058
Email: sales@grandviewresearch.com