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Dermatology Treatment Devices Market Share, Growth Factors, Comprehensive Research 2028
Market Overview:
According to our new market research study on “Dermatology Treatment Devices Market to 2027 – COVID-19 Impact and Global Analysis – by Product Type, Application, and End User,” the market is expected to reach US$ 8,800.07 million by 2027 from US$ 5,320.73 million in 2019; it is estimated to grow at a CAGR of 6.7% during 2020–2027. Factors such as rising prevalence of skin issues and technological advancements in dermatology treatment devices boost the growth of the market. However, the risk of undesirable side effects associated with the use of dermatology treatment devices hinders the market growth.
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On the basis of product, the dermatology treatment devices market was segmented into lasers, light therapy devices, energy-based therapies devices, microdermabrasion devices, microneedling, and cryotherapy devices. In 2019, the lasers segment accounted for the largest share of the market, and it is likely to continue to be the largest shareholder in the market during the forecast period. The market growth of this segment is attributed to the factors such as increasing adoption of lasers for aesthetic and dermatology issues, rising adoption of laser-based procedures, ease of the treatment, and reliability of the procedure results. In addition, the development of low-cost lasers for residential use acts as a major growth opportunity for the dermatology treatment device market players.
The healthcare sector has been witnessing rapid transformations since the past few years. As per European Union, the global middle-class population is expected to reach 5.3 billion by 2030, and Asia is likely to account for a maximum share of this population. By 2030, China and India together are expected to represent ~66% of the global middle-class population and 59% of middle-class consumption. The expansion of middle-class, with significant changes in consumer behavior and consumption patterns, would drive economic development in the world. For example, according to the US Bureau of Labor Statistics, the disposable income in the US increased from US$ 10,036.9 billion in 2006 to US$ 13,968.6 billion in 2016, and it is further expected to reach US$ 21,178.2 billion by 2026. With increase in disposable incomes, changes in technology, and better after-care, a general attitude toward skin-related conditions has changed. This has led to the mounted adoption of dermatological procedures and home-based medical devices to treat skin conditions. These conditions encourage multinational corporations in the beauty and skin care industry to target massive populations, especially the growing middle-class population, in countries such as India and China.
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The report segments global dermatology treatment devices market as follows:
By Product Type
Lasers
Light Therapy Devices
Cryotherapy Devices
Microdermabrasion Devices
Energy-Based Therapy Devices
Microneedling
By Application
Skin Resurfacing
Skin Rejuvenation
Hair Removal
Psoriasis
Scars
Warts and Skin Tags
Hyperpigmentation and Vascular Lesions
Acne
Tattoo Removal
Hyperhidrosis
By End User
Hospitals
Spa Clinics
Dermatology Clinics
Surgical Centers
By Geography
North America
US
Canada
Mexico
Europe
France
Germany
UK
Spain
Italy
Asia Pacific (APAC)
China
India
Japan
Australia
South Korea
Middle East and Africa (MEA)
Saudi Arabia
UAE
South Africa
South and Central America (SCAM)
Brazil
Argentina
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: [email protected]
Phone: +1-646-491-9876
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Cardiac Rehabilitation Market Analysis, Emerging Technology, Sales Revenue 2028
Market Overview:
According to our new research study on “Cardiac Rehabilitation Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Product, Application, and End-User,” the market is expected to reach US$ 2,865.42 million by 2028 from US$ 1,780.98 million in 2020; it is estimated to grow at a CAGR of 6.2% from 2021 to 2028. The report highlights trends prevailing in the market and factors driving its growth. The growth of the cardiac rehabilitation market is mainly attributed to the factors such as rising incidence of cardiovascular diseases and growing adoption of tele-cardiac rehabilitation. However, the high cost of cardiac rehabilitation equipment hinders the market growth.
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Based on application, the cardiac rehabilitation market is segmented into angioplasty, coronary artery disease, cardiomyopathy, cholesterol management, diabetes, and lung transplant. The angioplasty segment held the largest market share in 2020 and is expected to retain its dominance during the forecast period. The increasing number of angioplasties is contributing to the market growth for this segment. For instance, as per the AHA 2019 Heart Disease and Stroke Statistics, around 480,000 patients underwent percutaneous coronary intervention (PCI) in the US in 2014.
Halma plc; OMRON Corporation; AVECINNA; Koninklijke Philips N.V.; General Electric Company; Core Health & Fitness, LLC; Peloton Interactive, Inc.; Resideo Technologies, Inc; ergoline GmbH; and HealthCare International are among the leading companies operating in the cardiac rehabilitation market.
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The report segments the cardiac rehabilitation market as follows:
By Product
Treadmill
Elliptical Trainer
Stationary Bicycle
Blood Pressure Monitor
Rower
Heart Rate Monitor
Stabilization Balls
Others
By Application
Angioplasty
Coronary Artery Disease
Cardiomyopathy
Cholesterol Management
Diabetes
Lung Transplant
By End User
Cardiac Rehabilitation Centers
Home Healthcare
Specialty Hospitals
Hospitals
Others
By Geography
North America
US
Canada
Mexico
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: [email protected]
Phone: +1-646-491-9876
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Automotive Tire AfterMarket Market Global Trends, Size, Segments and Growth till 2028
Market Overview:
According to our latest market study on “Automotive Tire Aftermarket Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Tire Type, Distribution Channel, and Rim Size,” the market is expected to grow from US$ 105,869.22 million in 2021 to US$ 159,497.33 million by 2028; it is estimated to grow at a CAGR of 6.0% from 2021 to 2028.
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For many reasons, electric vehicles require specific tires. According to the vehicle manufacturer, its tire must have greater weight than internal combustion cars and transmit more torque to the road when driving after a halt. Tire noise is more noticeable in electric cars than internal combustion vehicles because of their near-silent powertrains, mainly hidden by engine noise. The introduction of electric vehicles and their significantly lower propulsion noise emission allow assessing tire-road noise with higher accuracy via cruise-by measurements, even at speeds where a combustion engine propulsion system would usually disturb the measurement results. The rolling resistance rating provided by the European Union tire label has been used as the primary selection criterion for potential tires for EVs. The second selection criterion represented the tire label rating for wet grip, whereas a lower rating implies a shorter braking distance. For instance, Pirelli, an Italian tire manufacturer, announced a new high load (HL) index tire that will debut on the upcoming Lucid Air sedan. This HL tire was designed specifically for electric cars and SUVs to support the heavier weight of batteries while maintaining a low rolling resistance. This will provide lucrative opportunities for the growth of the Automotive Tire Aftermarket market during the forecast period.
The global Automotive automotive Tire tire Aftermarket aftermarket Market market is segmented on the basis of tire type, distribution channel, rim size, and geography. On the basis of By tire type, the global Automotive Tire After market is divided bifurcated into radial and bias. In 2020, the Radial radial type segment expected to heold significant a larger market share in the global Automotive Tire Aftermarket. On the basis ofBased on distribution channel, the global automotive tire aftermarket market is bifurcated into OES and IAM. In 2020, the OES distribution channel segment expected to hoeld significant a larger share in the global Automotive Tire After market. On the basis ofBy Rim rim Sizesize, the global Automotive Tire After market is bifurcated segmented into 13-15, 16-18, 19-21, and More more than 21. In 2020, the 13-15 Rim Size segment expected to hoeld a significant share in the global Automotive Tire Aftermarket. Geographically, the market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2020, Asia Pacific accounted for a significant share in the global automotive tire aftermarket market.
Impact of COVID-19 Pandemic on Global Automotive Tire Aftermarket Market
The growth of economies, and improvements in production and manufacturing infrastructures, especially in developing countries, have bolstered the growth of the automobile market. This growth encourages the global automotive tire aftermarket market. After witnessing a significant drop in the growth in 2020 due to the COVID-19 pandemic, the automotive market has been experiencing a gradual recovery in consumer demand for trucks and cars since the last quarter of 2020. According to several automotive industry associations and organizations, the automotive sector recorded ~20–25% loss in production and more than 30% loss in sales in 2020. The smart key manufacturer’s observed significant tremors in 2020 owing to the decline in automotive manufacturing. Automotive sales in Europe and the US are anticipated to rebound to pre-COVID-19 pandemic levels by 2023, while China’s rebound continues to accelerate, with the potential to approach 30 million new vehicles by 2025. Rapid recovery in the global automotive sector is anticipated to boost the demand for automotive tires aftermarket market, during the forecast period.
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APOLLO TIRES LTD; Continental AG; PIRELLI AND C. S.P.A.; Sumitomo Rubber Industries, Ltd.; THE GOODYEAR TIRE AND RUBBER COMPANY; YOKOHAMA RUBBER CO., LTD; ZHONGCE RUBBER GROUP CO. LTD.; NEXEN TIRE AMERICA INC; BRIDGESTONE CORPORATION; and MICHELIN are among the major companies operating in the automotive tire aftermarket market.
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: [email protected]
Phone: +1-646-491-9876
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Anti-Viral Therapies Market Trends, Size, Segments, Emerging Technologies 2028
Market Overview:
According to our new market research study on “Anti-Viral Therapies Market to 2027 - Global Analysis and Forecast - by Type, Mechanism of Action, and End User,” the market is expected to reach US$ 76,282.63 million by 2027 from US$ 40,589.79 million in 2019; it is estimated to grow at a CAGR of 8.3% from 2020 to 2027. The report highlights trends prevailing in the global anti - viral therapies market and the drivers and restraints pertaining to the market growth.
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Based on type, the global anti - viral therapies market is segmented into generic drugs and branded drugs. The generic drugs segment is estimated to register a higher CAGR in the market during 2020–2027. Rising demand for low-cost drugs, growing number of FDA-approved generic drugs, rising adoption in emerging nations, and patent expiry of various branded products are the factors boosting the market for the generic drugs segment.
The Report Segments Global Anti - Viral Therapies Market as Follows:
By Type
Generic Drugs
Branded Drugs
By Mechanism of Action
Nucleotide Polymerase Inhibitors
Reverse Transcriptase Inhibitors
Protease Inhibitors
Others
By Application
HIV
Hepatitis
Herpes
Virus Influenza
Other Applications
By Geography
North America
US
Canada
Mexico
Europe
France
Germany
UK
Spain
Italy
Asia Pacific (APAC)
China
India
Japan
Australia
South Korea
Middle East and Africa (MEA)
Saudi Arabia
UAE
South Africa
South and Central America (SCAM)
Brazil
Argentina
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AbbVie Inc.; Abbott; Astrazeneca; F. Hoffmann-La Roche Ltd; Bristol-Myers Squibb Company; Johnson & Johnson Services, Inc.; Merck & Co., Inc.; Gilead Sciences, Inc.; GlaxoSmithKline plc; and Aurobindo Pharma are among the leading companies operating in the anti - viral therapies market.
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: [email protected]
Phone: +1-646-491-9876
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Aircraft Heat Exchanger Market Analysis, Regional Outlook, Business Landscape 2028
Market Overview:
The Aircraft Heat Exchanger Market is experiencing a steep demand in terms of procurement among various commercial airlines and defense forces. Attributing to the enormous demand for technologically advanced aircraft, the well-established airliners as well as defense forces across North America, Europe, Asia Pacific, Middle East and Africa, and South America are pressurizing the heat exchanger manufacturers to innovated and develop robust technology to cater their demands. The airlines, aircraft manufacturers and defense forces rely heavily on the brand value of the aircraft component manufacturers, and due to this, majority of the contacts are awarded to the established and industry recognized aircraft heat exchanger manufacturers, thereby, creating minimum space for new manufacturers to enter the market.
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Moreover, the aircraft component manufacturers have to adhere to a numbers of laws and rules set by international and domestic aviation organizations, which limit the manufacturing cost. Along with this, the capital investment involved in setting up of aircraft heat exchanger manufacturing plant is higher, which again pose a potential risk for the new entrants in the industry. Thus, owing to the stringent rules and regulations and higher Capex, makes the threats to new entrant parameter all time low in the aircraft heat exchanger market.
The Asia Pacific is expected to be the region experiencing ample of opportunities for the manufacturers and providers of aircraft components and devices. The Asia Pacific has several growing economies, which is leading the growth with a wide variety of sectors, including aerospace, military & defense, construction, technology, and others. Many emerging economies in the APAC region are considered to be developing economies and therefore attracting investment from regulatory bodies of these countries to bring enhancement in their technologies. This would eventually propel the growth and adoption of enhanced devices to be integrated into aircraft which drive the demand of aircraft heat exchanger.
Further, in the years ahead, robust growth in the passenger traffic demands is anticipated, which would require the deployments of additional fleets of aircraft, thereby leading to opportunities for aerospace heat exchanger player’s. The regional variations in the diverse Asian continent reflect varying competitive dynamics, currency volatility, and fuel hedging policies.
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Some of the other notable players in the global aircraft heat exchanger market include Boyd Corporation, Honeywell International Inc., Jamco Corporation, Liebherr Group, Meggitt Plc, Tat Technologies Ltd., Triumph Group, Inc., Collins Aerospace, Wall Colmonoy, and Woodward, Inc.
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Contact Us:
If you have any queries about this report or if you would like further information,
please contact us:
Contact Person: Sameer Joshi
E-mail: [email protected]
Phone: +1-646-491-9876
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Horticulture Lighting Market Share, Analysis, Trend, Size, Growth till 2028
Market Overview:
According to the new research report titled “Horticulture Lighting Market Forecast to 2027 – COVID-19 Impact and Analysis,” published by The Insight Partners, the global horticulture lighting market is expected to reach US$ 11,383.5 million by 2027, registering a CAGR of 20.2% during 2020–2027, the forecast period considered in the report. The scope of study involves understanding the factors contributing to the growth of the horticulture lighting market; it also includes estimation and forecast of the revenue as well as market sizeanalysis, along with spotting significant market players and their key developments.
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Impact of COVID-19 Pandemic on Horticulture Lighting Market
According to the latest situation report from the World Health Organization (WHO), the US, Spain, Italy, France, Germany, UK, Russia, Turkey, Brazil, Iran, and China are some of the worst affected countries due to COVID-19 outbreak. The outbreak first began in Wuhan, China, during December 2019, and since then, it has spread at a fast pace across the globe. As of August 12, 2020, there are around 20,162,474 confirmed COVID-19 cases globally, with ~737,417 total deaths, and the number is growing at varying rates in different countries. The COVID-19 crisis is affecting the industries worldwide, and the global economy is anticipated to take the worst hit in 2020, which is likely to have impact on 2021 as well. The pandemic has disturbed horticulture businesses and suppliers around the globe. Fresh vegetables and fruits have become increasingly scarce in various regions since the COVID-19 pandemic has hampered the global movement of crops and the people required to gather crops.
Europe Accounted for Highest Market Share in 2019
Germany, France, the UK, Russia, and Italy are among the major countries in Europe. In 2019, the region held a significant share in the global horticulture lighting market due to growing advancements in LED technology and increasing application of vertical farming. The governments in Europe are highly investing in the horticulture field for economic progress. The European Union initiatives are accelerating the adoption of LED lights and are likely to generate market opportunities for the manufacturers of LED modules and lamps in Europe. Several companies based in the region are highly involved in building market strategies to gain traction in the global market. For instance, Osram, a Germany-based company, acquired Fluence Bioengineering, a US-based company. It has also invested in Motorleaf, a Canadian startup, in order to strengthen its horticulture portfolio.
Companies in the region are also involved in partnering with various European companies to hold a significant market position. For instance, in June 2018, Signify, the Netherlands-based company, partnered with Agro-Inwest, a Russia-based food supplier involved in cultivating fresh vegetables. Agro-Inwest expanded the use of Philips LED lighting for growing tomatoes. In 2018, Agro-Inwest extended its farm size to 68.5 hectares andinstalled LED lights for energy reduction. Additionally, in 2017, both the companies announced a major LED horticulture lighting project, which accelerated yields in the winter and saved 50% on energy costs compared to traditional high-pressure sodium lighting.
Further, in April 2018, Sterling Suffolk collaborated with Plessey, a UK-based electronics company. Sterling Suffolk deployed Plessey’s Hyperion 1750 LED top light in its first greenhouse, which has a maximum light performance output. Thus, a number of inorganic strategies by various vendors are driving the market growth in Europe.
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Key Findings of Study:
Increase in population worldwide creates a huge demand for food, which cannot be fulfilled only through conventional or outdoor farming. In order to meet the increasing food demand, various countries are designing and implementing vertical farms, which includes cultivating plants on vertically inclined surfaces. Vertical farming produces crops by incorporating several technologies, such as robotics, IoT, big data analytics, and artificial intelligence; thus, it produces healthy crops without any agronomic constraint. The environmental degradation caused by traditional farming methods allows various countries to opt for vertical farming. It ensures pollution reduction, leads to increase in food production, and mitigates resources. Several vertical farming businesses worldwide, such as AeroFarms and Ecopia Farms, are growing across the urban parts of several countries with limited agricultural land. Vertical farming offers numerous opportunities for growers to sustainably produce crops by diminishing the use of water, reducing fertilizers, maintaining healthy ecosystems, and safeguarding crops from weather-related disasters.
Due to the growing importance of advanced vertical farming, it has attracted several investments. Various companies from the US and Europe have been funded by investors across the globe. For instance, Ocado, a UK-based company, invested US$ 21.3 million in vertical farming. Furthermore, the company purchased a 58% stake in Jones Food, which grows herbs with the help of LED lighting. Such trending technologies and growing investments create huge opportunities for horticulture lighting providers to integrate their solutions with vertical farming applications to change the outlook of food production.
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
information, please contact us:
Contact Person: Sameer Joshi
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Phone: +1-646-491-9876
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Hemostasis Analyzers Market Regional Analysis, Market Segments and forecast 2028
Market Overview:
According to our latest study on "Hemostasis Analyzers Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type, Test, and End User," the market is projected to reach US$ 6,490.24 million by 2028 from US$ 3,440.66 million in 2021; it is expected to register a CAGR of 9.5% from 2021 to 2028. The report highlights the key factors driving the market and prominent players with their developments in the market.
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Older people are prone to heart diseases due to weak immunity and other health problems. General aging factors lead to stiffening heart and blood vessels that result in heart disorders. As the age grows, the systolic blood pressure also rises, leading to cardiovascular diseases (CVDs). Thus, in people aged 75 years and above, high blood pressure is a common risk factor for heart conditions. Coronary artery disease and heart failure are the others. Although the incidence of arrhythmias encompasses people of all age groups, it is rising significantly among the geriatric population.
According to the Global Ageing 2019 survey, the world's population of 65 years and above totaled 703 million in 2019. The senior demographic is expected to double to 1.5 billion people by 2050. The frequency of one person with age 65 or more is likely to increase from 1 in every 11 inhabitants in 2019 to 1 in every 6 inhabitants by 2025. This demographic is more susceptible to CVDs, such as arrhythmias. Similarly, according to the World Health Organization (WHO), the percentage of people aged 60 and above is estimated to reach 22% by 2050 from 12% in 2015. As per the report "Older Americans 2016: Key Indicators of Well-Being" by the Federal Interagency Forum on Aging-Related Statistics, 35.8% of individuals aged 85 and above had a mild or extreme cognitive disorder. Moreover, according to the United Nation's World Population Ageing 2017 report, in 2017, 962 million people were aged 60 years or over worldwide, and the number is expected to reach nearly 2.1 billion by 2050.
Based on tests, the hemostasis analyzers market is segmented into activated partial thromboplastin time, D-Dimer test, fibrinogen test, prothrombin time test, and others. In 2021, the activated partial thromboplastin time segment held the largest share of the market and is expected to register the highest CAGR in the market during 2021–2028
Siemens AG; Instrumentation Laboratory; Abbott; Sysmex Corporation; Nihon Kohden Corporation; Thermo Fisher Scientific, Inc.; Roche Diagnostics; Diagnostica Stago; Helena Laboratories; and International Technidyne Corporation are among the leading companies operating in the hemostasis analyzers market.
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The report segments the hemostasis analyzers market as follows:
The hemostasis analyzers market is segmented based on product type, test, and end-user. Based on product type, the hemostasis analyzers market is segmented into laboratory analyzers and point-of-care testing systems. Based on the test, the market is segmented into activated partial thromboplastin time, D-dimer test, fibrinogen test, prothrombin time test, and others. Based on end users, the market is segmented into hospitals/clinics, independent diagnostic laboratories, home care settings, and others.
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: [email protected]
Phone: +1-646-491-9876
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Glass Wafers Market Competitive landscape, future, growth till 2028
Market Overview:
The scope of our recent study on the “Glass Wafers Market to 2027 – COVID-19 Impact and Global Analysis– by Application ( CMOS image sensor, Integrated Circuit (IC) Packaging, LED, Microfluidics, FO-WLP, MEMs and RF ); End-Use ( Energy, IT and Telecommunication, Consumer Electronics, Aerospace and Defense, Automotive, Healthcare and Biotechnology ),” includes the factors fueling the market growth, revenue estimation and forecast, and market share analysis, along with the identification of significant market players and their key developments.
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Impact of COVID-19 Pandemic on Glass Wafers Market
The COVID-19 outbreak was first reported in Wuhan (China) during December 2020. As of January 2021, the US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are among the worst affected countries in terms confirmed cases and reported deaths. According to the latest WHO figures updated on January 2021, there are ~83,322,449 confirmed cases and 1,831,412 total deaths globally. The outbreak is adversely affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The global chemicals & materials industry is one of the major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns. Although, China is the global manufacturing hub and largest raw material supplier for various industries, it is also one of the worst affected countries. The lockdown of various plants and factories in China is restricting the global supply chains and disrupting the manufacturing activities, delivery schedules, and various chemicals and materials sales. Various companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition, the global travel bans imposed by countries in Europe, Asia, and North America are hindering the business collaborations and partnerships opportunities. All these factors are hampering the chemicals & materials industry, thus restraining the growth of various markets related to this industry.
The Glass Wafers market was valued at US$ 278.07 million in 2019 and is projected to reach US$ 524.31 million by 2027; it is expected to grow at a CAGR of 8.5% from 2020 to 2027. A glass wafer is a thin disc that is used as a base for manufacturing integrated circuits and for protection in consumer electronics. The glass wafer is usually made up of quartz, borosilicate glass, or fused silica. These wafers are used in a wide variety of industrial and technical applications. Borosilicate glass wafers provide a higher chemical stability against water or any other type of chemical. The rise in demand for compact and advanced consumer electronic devices is going to drive the growth of the glass wafer market. The increase in the demand for automotive electronics because of electric and hybrid vehicles, will lead to an increase in demand for glass wafers
Based on application, the glass wafers market is categorized into CMOS image sensor, Integrated circuit (IC) packaging, LED, Memory, Microfluidics, and MEMs and RF. In 2019, the microfluidics segment held the largest share of the global glass wafers market. Microfluidics basically refers to the behavior, manipulation as well as precise control of fluids, which is constrained to a small scale. Microfluidics glass are usually made from glass wafer and other materials such as silicon. The glass wafer is used in microfluidics as it provides excellent thermal and chemicals resistance. It helps in providing a transparent microfluidics channel, which will help in observing and measuring it from all directions. This glass wafer microfluidics are used in healthcare and biotechnology sector for analytical chips that are used in DNA analyzer, microreactors for biochemical reaction, bioreactors for chemical sensors, and industrial gas detection sensors. The borosilicate glass wafer is mostly used as a substrate for microfluidics as it is perfectly suited for DNA, protein, and cell applications.
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Glass Wafers Market Breakdown –by Region, 2019
Global Glass Wafers Market, by Application
CMOS image sensor
Integrated Circuit (IC) Packaging
LED
Microfluidics
FO-WLP
MEMs and RF
Global Glass Wafers Market, by End-Use
Energy
IT and Telecommunication
Consumer Electronics
Aerospace and Defense
Automotive
Healthcare and Biotechnology
Global Glass Wafers Market, by Geography
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Rest of Europe
Middle East &Africa (MEA)
South Africa
Saudi Arabia
UAE
Rest of Middle East &Africa
South America
Brazil
Argentina
Rest of South America
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False Eyelashes Market Growth, Future Scope, Challenges, Opportunities 2028
Market Overview:
The scope of our recent study on the “False Eyelashes Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type (Strip Lashes, Individual Lashes); Material (Human Hair, Synthetic, Animal Hair & Fur); and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, Others),” includes the analysis of factors driving the market growth, estimation and forecast of revenues, market share analysis, and identification of significant market players and their key developments.
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The false eyelashes market was valued at US$ 1,377.28 million in 2021 and is projected to reach US$ 2,046.61 million by 2028; it is expected to grow at a CAGR of 5.8% from 2021 to 2028. False eyelashes are used to add volume, increase length, or enhance the visual appearance of natural hair. Rising disposable income and increasing need to enhance physical appearance among consumers propel the demand for self-grooming products such as false eyelashes. With the increase in per capita disposable income among the middle-class population, their shopping behavior and living standards are changing rapidly. The fashion and entertainment industry has become vital for hair extension products both in terms of revenue and adoption.
Based on type, the global false eyelashes market is segmented into strip lashes and individual lashes. The strip lashes segment held a larger share in the global false eyelashes market in 2020. Strip lashes are a pre-made band of lashes utilized with a detachable adhesive. As these variants are the quickest and easiest to wear, they are extremely popular among consumers who regularly wear false eyelashes. These products comprise entire lash line in a single application, making it user-friendly.
Based on material, the false eyelashes market is segmented into human hair, synthetic, and animal hair & fur. The synthetic segment dominated the market in 2020 and is expected to maintain its dominance during the forecast period. However, the human hair segment is expected to register the highest growth rate during the upcoming years as they mimic the look of one’s own eyelashes and are delicate than synthetic lashes but denser than mink lashes. Human hair lashes can often be used more than once if kept in a cool, dry place.
Based on distribution channel, the market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The supermarkets and hypermarkets segment dominated the global false eyelashes market in terms of value in 2020. These stores have focused on providing various categories set up to entice the customers and deliver them a facility to choose from several brands before making a purchase. The rising establishment of supermarkets and general merchandisers are benefiting false eyelash manufacturers.
The report includes the segmentation of the global false eyelashes market as follows:
False Eyelashes Market, by Type
Strip Lashes
Individual Lashes
False Eyelashes Market, by Material
Human Hair
Synthetic
Animal Hair & Fur
False Eyelashes Market, by Distribution Channel
Supermarkets and Hypermarkets
Specialty Stores
Online Retail
Others
False Eyelashes Market, by Geography
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Asia-Pacific (APAC)
Australia
China
India
Japan
South Korea
Rest of Asia-Pacific
Middle East & Africa (MEA)
South Africa
Saudi Arabia
UAE
Rest of the Middle East & Africa
South and Central America
Brazil
Argentina
Rest of South and Central America
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The false eyelashes market is segmented into five main regions—North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South and Central America (SAM). In 2020, Europe accounted for the largest share in the global false eyelashes market. Rapidly growing demand for decorative cosmetics products such as nail care products, eye makeup products, lip care products and many more in the region is driving the growth of false eyelashes market. Europe is the center for fashion and beauty industry. The well flourished beauty and fashion industry in Europe and rapidly emerging eye makeup trends are some of the crucial factors driving the growth of regional market.
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Diabetes Care Devices Market Growth, Future Scope, Challenges, Opportunities 2028
Market Overview:
According to our latest study, "Diabetes Care Devices Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type and End User," the market is projected to grow from US$ 28,942.1 million in 2022 to US$ 42,119.3 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2022 to 2028. The report highlights the key factors driving the market and prominent players with their developments.
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Diabetes care devices are the medical devices used to monitor glucose levels in the blood of diabetes patients. Monitoring devices are known as continuous glucose monitoring devices or glucometers. Insulin delivery devices include pumps, syringes, pens and others. These devices are used by diabetes patients who are unable to produce insulin on their own to inject insulin into their bodies.
The market's growth can be attributed to the robustly rising prevalence of diabetes and increasing support by the government in the US. In the US, diabetes is among the most common and expensive chronic diseases. The highest rate of diabetes is commonly seen in the elder population. However, the rise in the prevalence of diabetes continues across the US, and it is also being seen among the overweight and obese population.
Based on type, the global diabetes care devices market is segmented into glucose monitoring devices and insulin delivery devices. The glucose monitoring devices segment would hold a larger market share in 2022, while the same segment is also estimated to register a higher CAGR in the market during the forecast period. Glucose monitoring devices or glucose meters are medical devices used to determine the approximate levels or the concentration of glucose in the blood of the patients living with diabetes. The concentration of the glucose level can be measured by various means, such as through testing strips and lancets. The glucose monitoring devices market consists of components such as glucometers, lancets, testing strips, and other glucose monitoring devices. In 2022, the testing strips segment would hold the largest market share. In the global diabetes care devices market, various market players have introduced their devices for glucose monitoring. For instance, Contour Net EZ, Accu-Check Aviva, Abbott FreeStyle, One Touch Verio, Dexcom G6, and Guardian Sensor 3 are some of the key products offered by players such as Abbott, F. Hoffman-La Roche Ltd, and Medtronic. In addition, due to technological developments, new products are offering various benefits to the user. For instance, diamontech GmbH has invented a noninvasive glucose monitoring device. The company offers DMT Base, DMT Pocket, and DMT Band that help diabetes patients monitor their glucose levels. Therefore, the presence of market players offering various products and technological advancements in diabetes care devices are likely to propel the growth of the market during the forecast period.
The report segments the global diabetes care devices market as follows:
The global diabetes care devices market is segmented based on type and end user. Based on type, the market is segmented into glucose monitoring devices and insulin delivery devices. The glucose monitoring devices segment is subsegmented into testing strips, glucometers, lancets, and others. The insulin delivery segment is subsegmented into insulin pens, insulin syringes, insulin pumps, and others. Based on end user, the market is segmented into homecare and hospitals & clinics. By geography, the global diabetes care devices market is segmented into North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific), the Middle East & Africa (the UAE, Saudi Arabia, Africa, and the Rest of the Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).
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BD; Novo Nordisk A/S; Medtronic; B. Braun Melsungen AG; Tandem Diabetes Care Inc.; Insulet Corporation; Eli Lilly and Company; Dexcom, Inc.; Terumo Corporation; F. Hoffmann-LA Roche LTD are among the key players operating in the global diabetes care devices market.
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Functional Beverages Market Regional Outlook Opportunity Assessment, forecast till 2028
Market Overview:
The scope of our recent study on " Functional Beverages Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type (Energy Drinks, Sports Drinks, Fortified Juices, Functional Water, and Others) and Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Online Retail, and Others)" includes the description of factors governing the market growth, estimation and forecast of revenue, and identification of significant market players and their key developments. It also entails the market share analysis.
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Functional beverages are fortified with essential nutrients, such as protein, vitamins, minerals, amino acids, and probiotics, to offer health benefits. They help in maintaining the energy levels in the body, thereby boosting stamina and athletic performance. Energy drinks, sports drinks, functional water, fortified juices, among others, fall under the functional beverages category. Energy drinks are popular among sportspersons and fitness enthusiasts. Functional water and fortified drinks are also gaining huge traction among consumers. People are becoming health conscious due to the lack of physical activity and the increasing prevalence of lifestyle diseases, such as obesity and diabetes.
Based on product type, the functional beverages market is segmented into energy drinks, sports drinks, fortified juices, functional water, and others. The functional water segment is projected to register a notable CAGR in the market during the forecast period. Functional water, which falls under the category of non-alcoholic beverages, has supplementary components, sometimes known as aquaceuticals—such as vitamins, minerals, acids, herbs, and raw fruits and vegetables. Consumers prefer functional water over regular water in their daily diets to meet their daily nutritional requirements. Moreover, the availability of a wide variety of flavors in the functional water, which is sold by multiple retailers, is also boosting their popularity among consumers. The manufacturers of functional beverages are spending huge amounts to expand their business operations across North America by introducing new flavors and innovative products. For instance, in 2020, PepsiCo, Inc. went into an agreement, worth US$ 3.85 billion, with Rockstar Energy Beverages, an energy drink manufacturer company in the US. This acquisition was focused on extending the existing product portfolio of PepsiCo’s functional beverages.
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The leading players in the functional beverages market include PepsiCo, The Coca-Cola Company, Nestle, Kraft Foods, General Mills, Campbell Soup Company, Red Bull, The Wonderful Company LLC, Danone SA, and Monster Energy Company. These players focus on innovating their products in terms of flavors, packaging, and ingredients to expand their customer base and reach. As the functional beverages market is a highly competitive one, the key market players are making significant investments in research and development to retain their market shares.
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Electric Ships Market Regional Outlook Opportunity Assessment, forecast till 2028
Market Overview:
According to the latest research report titled “Electric Ships Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Power, Range and Ship Type,” the market is expected to grow from US$ 3.82 billion in 2021 to US$ 7.76 billion by 2028; it is estimated to grow at a CAGR of 10.3% from 2021 to 2028.
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Increasing Regulatory Support from Government Authorities and Industry Associations to Favor Market Growth
Several marine industry associations are focusing on reducing the gas emission from the shipping industry. As per a report published by the Norwegian Ministry of Climate and Environment, in April 2018, International Maritime Organization (IMO) adopted a plan to reduce greenhouse gas emissions from international shipping by ~50% compared with the level in 2008 by the end of 2050. Additionally, the IMO strategy aims to improve the energy efficiency of each ship and to reduce the carbon intensity of the whole marine industry by reducing emissions per unit of transport work done by ~40% by 2030, and further toward 70% by 2050, according to a report published by the Norwegian Ministry of Climate and Environment. Further, several governments are focusing on reducing the gas emission from the shipping industry. For instance, according to a report published by the Norwegian Ministry of Climate and Environment, in 2019, the Norway government’s focus is on reducing greenhouse gas emissions from domestic shipping and fishing ships by half by 2030 and promoting the development of zero- and low-emission solutions for all vessel categories. For this, the government had allocated NOK 7 million (US$ 0.77 million) to the Green Shipping Programme in the 2019 budget. Therefore, the increasing regulatory support from government authorities and industry associations for reducing greenhouse gas emissions in the shipping industry supports the growth of electric ships by adopting electric or hybrid propulsion systems.
The Asia Pacific electric ships market has many players accounting for small market shares. A few of the prominent companies in the market in this region are ABB, General Electric, and Wartsila. The major players are spending heavily on research and development of new products and delivering mobile cranes globally. For instance, Vallianz, SeaTech, Shift Clean Energy, and ABS are teaming up to design and build an all-electric harbor tug. Vallianz has cut steel on the first all-electric harbor tug in Asia Pacific at its shipyard in Batam, Indonesia. Based on the E-Volt Electric Tug design by SeaTech, the vessel will be driven by a fully-classed electric battery system provided by Shift. This follows a recent memorandum of understanding between Vallianz and Shift Clean Energy to collaborate on vessels that require electrification solutions.
Key Findings of Study:
The electric ships market has been segmented into five major regions—North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In North America and Europe, the demand for electric ships increases due to its rising demand for fully electric passenger vessels, tugs, yachts, and cruise vessels. Norway, Finland, the US, and Denmark are replacing conventional passenger ferries with fully electric passenger ferries. Significant developments in autonomous electric vessels that use fuel cells and remotely controlled electric vessels are also driving the market growth.
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The Asia Pacific electric ships market has many players accounting for small market shares. A few of the prominent companies in the market in this region are ABB, General Electric, and Wartsila. The major players are spending heavily on research and development of new products and delivering mobile cranes globally. For instance, Vallianz, SeaTech, Shift Clean Energy, and ABS are teaming up to design and build an all-electric harbor tug. Vallianz has cut steel on the first all-electric harbor tug in Asia Pacific at its shipyard in Batam, Indonesia. Based on the E-Volt Electric Tug design by SeaTech, the vessel will be driven by a fully-classed electric battery system provided by Shift. This follows a recent memorandum of understanding between Vallianz and Shift Clean Energy to collaborate on vessels that require electrification solutions.
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Business Travel Market Sales Revenue, Growth Factors, Future Trends 2028
Market Overview:
The global Business Travel market accounted for US$ 1.37 Bn in 2018 and is expected to grow at a CAGR of 4.9% over the forecast period 2019–2027, to account for US$ 2.09 Bn by 2027. With the increasing digitalization of travel bookings and payments, the business travel market is expected to grow at an impressive rate during the forecast period. The digitalization of payments and bookings has made it easier for both enterprises and individual travelers to organize their travel needs. A wide variety of online and cashless payment options allow travelers to pay for services such as hotel accommodation, airfare, dining, ground transport, souvenirs, recreational activities without using credit/debit cards or net banking.
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The global economic outlook has suffered from events such as BREXIT, fluctuating oil prices, and economic slowdown in some developing countries over the past few years. However, it is now strengthening due to factors such as increasing global trade, improvements in the manufacturing sector, political stabilization in European Union, and economic improvements in developing countries such as Brazil, Argentina, and Venezuela. As per the International Monetary Fund (IMF) World Economic Outlook (April, 2019), the global GDP annual percent change is expected to increase from 3.6% in 2018 to 3.7% in 2024. Trade and investments have been growing at a stable pace, which has resulted in strong business environment and high consumer confidence. The economic growth in developing countries such as China and India is quite impressive, and these countries are expected to offer ample growth opportunities for the Business Travel market players during the forecast period of 2019 to 2027.
The overall Business Travel market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the business travel market. It also provides the overview and forecast for the global Business Travel market based on all the segmentation provided concerning five primary reasons such as North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the business travel industry.
Key findings of the study:
In 2018, Asia Pacific dominated the global Business Travel market with more than 40% share of the overall share, and it is projected to grow with an impressive CAGR of 6.5% from 2019 to 2027.
In the Asia Pacific region, more than half of the spending is coming from China alone followed by Japan, South Korea, and India. The development and improvement of travel infrastructure, as well as a large number of Small and Medium Enterprises, are two of the major factors driving the growth of Business Travel market, especially in the developing countries of the Asia-Pacific. China and India are anticipated to be the two fastest growing Business Travel markets in this region.
Europe and North America held the second and third position in terms of Business Travel spending, and together these regions contributed to more than 50% of total spending.
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The global Business Travel market is highly competitive and fragmented in nature. There are some very well–established market players, along with a large number of small players operating in the global Business Travel market. The top five market leaders in this market include Expedia Group, Booking Holdings, Inc., American Express Global Business Travel, BCD Group, and CWT Some of the other notable players in the business travel market include Corporate Travel Management, Direct Travel, Inc., Fareportal, Flight Centre Travel Group Limited, Travel Leaders Group, AAA Travel, Travel and Transport, Frosch, Omega World Travel, JTB Americas Group, World Travel Holdings, Ovation Travel Group, ATG, International Cruise & Excursions, Adelman Travel, Christopherson Andavo Travel, Travel Edge, and Fox World Travel among others.
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Disposable Gloves Market Analysis, Regional Outlook, Business Landscape 2028
Market Overview:
According to our latest research study on "Disposable Gloves Market Forecast to 2028 – COVID-19 Impact and Analysis – by Material and Type," the market is expected to reach US$ 21,400.12 million in 2028 from US$ 8,278.81 million in 2021; it is estimated to grow at a CAGR of 14.5% from 2021 to 2028. In terms of volume, the disposable gloves market saw a volume sale of 399,092 million units of disposable gloves in 2021 and 1,061,030 million units expected to be sold globally by 2028, growing at a CAGR of 15.0%. The report highlights the trends prevailing in the disposable gloves market and the factors governing its growth.
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Based on material, the disposable gloves market is segmented into natural rubber, nitrile, neoprene, polyethylene, and others. The nitrile segment held the largest share of the market in 2021 and is expected to hold the largest share during the forecast period in terms of revenue and volume. However, the natural rubber segment is projected to register the highest CAGR during the forecast period in terms of revenue. Nitrile is derived from Acrylonitrile Butadiene Copolymer (NBR). It has rapidly replaced natural rubber gloves due to the more straightforward production process and similar properties to natural rubber gloves with being highly durable.
The report segments the disposable gloves market as follows:
Based on material, the disposable gloves market is segmented into nitrile, natural rubber, neoprene, polyethylene, and others. In terms of type, the disposable gloves market is bifurcated into powdered and powder-free. Based on geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The market in North America is further segmented into the US, Canada, and Mexico. The European disposable gloves market is subsegmented into Germany, France, the UK, Spain, Italy, and the Rest of Europe. The market in Asia Pacific is subsegmented into China, India, Japan, Australia, South Korea, and Rest of Asia Pacific. The disposable gloves market in the Middle East & Africa is further segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. The market in South and Central America is subsegmented into Brazil, Argentina, and Rest of South and Central America.
The COVID-19 pandemic has adversely affected various industries, such as manufacturing and healthcare, and its long-term repercussions are likely to hinder the healthcare sector growth during the forecast period. Due to the rising number of COVID-19 cases, lockdown and business shutdowns were imposed by governments of various countries to control transmission. Along with these measures, gloves and masks were considered as primary tools to prevent the spread of the virus. Gloves were a part of the PPE kits or personal protective equipment kits and were essential for the public and primarily the healthcare workers to protect themselves against COVID-19. The demand for gloves from both public and the healthcare industry saw a steep rise.
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The report segments the disposable gloves market as follows:
Based on material, the disposable gloves market is segmented into nitrile, natural rubber, neoprene, polyethylene, and others. In terms of type, the disposable gloves market is bifurcated into powdered and powder-free. Based on geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The market in North America is further segmented into the US, Canada, and Mexico. The European disposable gloves market is subsegmented into Germany, France, the UK, Spain, Italy, and the Rest of Europe. The market in Asia Pacific is subsegmented into China, India, Japan, Australia, South Korea, and Rest of Asia Pacific. The disposable gloves market in the Middle East & Africa is further segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. The market in South and Central America is subsegmented into Brazil, Argentina, and Rest of South and Central America.
Telecommunications, Chemicals and Materials
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Biofertilizers Market Analysis, Growth, Share, Market Trends 2028
Market Overview:
The scope of our recent study, titled "Biofertilizers Market to 2028 – COVID-19 Impact and Global Analysis – by Product Type (Nitrogen Fixing, Phosphorus Solubilizing, Potassium Mobilizing, and Others), Microorganism (Rhizobium, Azotobacter, Phosphate Solubilizing Bacteria, and Others), Crop Type (Cereals and Grains, Oil seeds and Pulses, Fruits and Vegetables, and Others), and Application (Seed Treatment, Soil Treatment, and Others)" consists of the factors fueling the biofertilizers market growth, revenue estimation and forecast, and market share analysis. It also includes the identification of significant market players along with their key developments.
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The biofertilizers market was valued at US$ 1,996.13 million in 2021 and is projected to reach US$ 4,744.43 million by 2028. It is expected to grow at a CAGR of 12.3% from 2021 to 2028. Asia Pacific and African regions are the largest consumers of fertilizers. The increasing rate of population, especially in Asia, has resulted in the increasing demand for food, which would, in turn, lead to the increased consumption of fertilizers. However, the major concerns in this region are pollution and contamination of soil and their harmful effects on human beings. To combat the harmful effects of chemical fertilizers, governments in these regions emphasize using environmental-friendly fertilizers, such as biofertilizers, biopesticides, vermicompost, and organic manure.
The COVID-19 limited the chemicals & materials industry's operations, hampering many businesses globally. Supply chain disruptions and difficulty in procuring raw materials have restrained the biofertilizers market to some extent. However, the biofertilizers market overcame this challenge and regained its operations to normalcy. During the COVID-19 pandemic, people worldwide became more health-conscious. They adopted organic food, which is boosting the biofertilizers market growth and is expected to increase its revenue in the coming years.
The product type segment of the global Biofertilizers market is bifurcated into nitrogen fixing, phosphorus solubilizing, potassium mobilizing, and others. The nitrogen fixing segment led the biofertilizers market with the largest revenue share of the biofertilizers market in 2020.
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AgriLife; Biotech International Ltd.; Kiwa Bio-Tech Products Group Corporation; Mapleton Agri Biotec Pt Ltd; Novozymes; Rizobacter; Symborg; T.Stanes and Company Limited; UPL; and Vegalab SA. are the key players in the Biofertilizers market.
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Athleisure Market Share, Analysis, Trend, Size, Growth till 2028
Market Overview:
The scope of our recent study on " Athleisure Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type (Top Wear, Bottom Wear, Footwear, and Others), Category (Men, Women, Unisex, and Kids), Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online Retail, and Others), and Geography,” includes the factors fueling the market growth, revenue estimation and forecast, and market share analysis. It also entails the identification of significant market players and their key developments.
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The athleisure market is expected to grow from US$ 411.02 billion in 2021 to US$ 793.46 billion by 2028; it is estimated to grow at a CAGR of 9.9% from 2021 to 2028. Athleisure is a growing fashion trend that represents the fusion of athletic and casual wear, involving comfortable clothing which can also be used as casual wear.
The athleisure market, based on geography, is segmented into North America, Europe, Asia Pacific (APAC), South & Central America (SCAM), and the Middle East & Africa (MEA). In 2020, North America dominated the global athleisure market. The rising trend of fitness and health consciousness is generating demand for comfortable and fashionable activewear. Furthermore, several manufacturers concentrate on specific activewear product categories and offer tailored gear that is best suited to individuals. The rising participation of working women in domestic sports and fitness activities in the region is expected to drive the market during the forecast period. The e-commerce industry across North America is on the rise and consumers are increasingly buying products on online retail channels. According to the data from the Census Bureau of the Department of Commerce, e-commerce sales in the US increased by 9.4% (±0.9%) from Q4 2020 to Q4 2021. The rapid penetration of e-commerce in the region is providing growth opportunities for athleisure manufacturers as it helps them to cater to a larger customer base. Furthermore, the growing influence of lifestyle blogs and celebrity endorsements in marketing athleisure items to a broader customer base favors the market progress in the region. Europe ranked third, in terms of share, in the market for athleisure in 2020. The growing awareness about health and fitness among European consumers is bolstering the sales of exercise clothes and equipment. Athleisure is gaining popularity in Europe due to the societal trend toward a healthier and more active lifestyle among all age groups, and the growing popularity of sportswear worn as casualwear.
Impact of COVID-19 Pandemic on Athleisure Market
The COVID-19 pandemic adversely affected the athleisure market due to the shutdown of manufacturing facilities, and restrictions on transportation and logistics. Disruptions in supply chain also hampered the supply of athleisure products. Following the state and regional guidelines, manufacturers had to implement extensive measures to protect the health and safety of their employees. Many of them temporarily closed their operations or restricted the production capacity in early 2020. Also, in the early stages of the crisis, manufacturers were majorly dependent on inventory. Further, amid lockdown periods during the pandemic, the sports and wellness facilities such as gyms were closed, which lowered the demand for athleisure products. However, businesses started recovering since late 2020 as the governments of various countries eased the restrictions imposed earlier in that year. Moreover, successful vaccination drives further eased the current scenario leading to a rise in business activities worldwide, which helped the athleisure market through revival.
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Adidas AG; Asics; Athleta LLC; Authentic Brands Group; Columbia Sportswear Company; Hennes and Mauritz AB; Lululemon Athletica; Nike, Inc.; Puma SE; and Under Armour Inc. are among the leading players in the athleisure market. These companies are adopting strategies such as mergers and acquisitions, and product launches to expand their geographic presence and consumer bases.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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Amniotic Membrane Market Regional Analysis, Market Segments and forecast 2028
Market Overview:
According to our new market research study titled “Amniotic Membrane Market – Global Analysis and Forecast – by Enzyme, Application, and End User,” the market is expected to reach US$ 2,577.74 million by 2027 from US$ 1,484.83 million in 2019; it is estimated to grow at a CAGR of 7.3% during 2020–2027. The report highlights the trends prevalent in the global amniotic membrane market, and the drivers and deterrents pertaining to its growth. The market growth is mainly attributed to the factors such as growing applications of amniotic membrane and rising number of target patient population. However, the challenges in using amniotic membranes is expected to hinder the market growth.
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Based on enzyme, the amniotic membrane market is categorized into cryopreserved amniotic membrane and dehydrated amniotic membrane. In 2019, the cryopreserved amniotic membrane segment held a larger share of the market. The growth of this segment is attributed to the factors such as its wide usage as a graft or dressing in surgical procedures, it can be stored for a longer period, and extensive product offerings by companies in the market. Additionally, according to a study “Biological Differences between Cryopreserved and Dehydrated Amniotic Membrane Tissue Grafts” the cryopreservation process better conserves the structural integrity and biochemistry of amniotic membrane tissue grafts compared to dehydrated grafts. Thus, the advantage of cryopreserved amniotic membrane over dehydrated amniotic membrane is expected to influence market growth during the forecast period.
The report segments the global amniotic membrane market as follows:
By Enzyme
Cryopreserved Amniotic Membrane
Dehydrated Amniotic Membrane
· By Application
Surgical Wounds
Ophthalmology
Others
· By End User
Hospitals
Ambulatory Surgical Centers
Specialty Clinics
Research Institute and Academic Institutes
· By Geography
North America
US
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Asia Pacific (APAC)
Japan
China
India
Australia
South Korea
Middle East and Africa (MEA)
South Africa
UAE
Saudi Arabia
South and Central America (SCAM)
Brazil
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Market leaders operating in the market have undertaken various organic and inorganic growth strategies in the amniotic membrane market. The amniotic membrane market majorly consists of the players such as Applied Biologics LLC; Integra Life Sciences Corporation; Skye Biologics Inc.; MiMedx; Organogenesis Inc.; Smith & Nephew; Amniox Medical, Inc.; Katena Products. Inc.; Amnio Technology, LLC, and Surgenex, LLC among others.
On the other hand, the dehydrated amniotic membrane is expected to be the fastest-growing segment. The growth of the market is expected due to stable shelf life, and presence of active biological components that are required for medical uses. Additionally, a dehydrated amniotic membrane is used treat a no healing defect on the ocular surface, such as a neurotrophic corneal ulcer.
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