Wound Irrigation Systems Market Expected To Witness A Substantial Growth Of USD 351.81 Million By 2026: Grand View Research Inc.

San Francisco, 27 Nov 2020: The Report Wound Irrigation Systems Market Size, Share & Trends Analysis Report By Product (Manual, Battery-operated), By Application (Chronic Wounds, Burns), By Region, And Segment Forecasts, 2019 – 2026

The global wound irrigation system market size is expected to reach USD 351.81 million by 2026, exhibiting a CAGR of 3.6% during the forecast period, according to a new report published by Grand View Research, Inc. Rising prevalence of chronic wounds, increasing number of surgical procedures, technological advancements, favorable initiatives taken by private and public sectors, and increasing cases of burns across the globe are the key driving factors for the market.

Wound irrigation systems allow rapid healing of deep wounds and surgical site infections. They also allow improved wound cleansing that prevents further complications. Rising prevalence of chronic wounds along with rising number of surgical procedures is projected to drive the growth of the market. As per report published by the ScienceDirect in 2018, surgical infection had the highest prevalence rate of around 4.0%, followed by diabetic foot ulcers with around 3.4%. In addition, rising number of wound care centers across the globe is also expected to surge the demand for wound irrigation systems.

Moreover, a rise in burn cases across the globe is also anticipated to boost the demand for wound irrigation systems. According to a report published by Walker Morgan, LLC, in 2017, around 450,000 Americans receive medical treatment for burn injuries every year. As per a report published by the Swift Medical Inc. in 2018, more than 305.0 million acute, burn, and traumatic wounds were reported per year globally. Furthermore, as per the data reported by the World Health Organization (WHO), over 1,000,000 moderate or severe burn cases are registered, annually. Since, wound irrigation system is very much effective in burn injury and allows rapid healing, increasing incidence rate of burns is anticipated to propel the market growth over the forecast period.

Access Research Report of Wound Irrigation Systems Market @ https://www.grandviewresearch.com/industry-analysis/wound-irrigation-systems-market

Wound Irrigation System Market Report Highlights

• Manual wound irrigation system segment held the largest market share in 2018, owing to increasing incidence of burns and surgical site infection across the globe
• Chronic wounds segment held the largest market share in 2018 due to the rising prevalence of diabetic foot ulcers and pressure ulcers
• Asia Pacific wound irrigation systems market is expected to witness the fastest growth over the forecast period owing to the rising number diabetic patients in the region
• Prominent players operating in the wound irrigation system market are Zimmer Biomet; Stryker Corporation; Centurion Medical Products; Bionix; Westmed, Inc.; C. R. Bard, Inc.; and Cooper Surgical Inc.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the global wound irrigation system market on the basis of product, application, and region:

Wound Irrigation System Product Outlook (Revenue, USD Million, 2015 – 2026)

• Manual Wound Irrigation System
• Battery-operated Wound Irrigation System

Wound Irrigation System Application Outlook (Revenue, USD Million, 2015 – 2026)

• Chronic Wounds
  • Diabetic Foot Ulcer
  • Pressure Ulcer
  • Venous Leg Ulcer
• Burns
• Surgical Wounds
• Traumatic Wounds

Wound Irrigation System Regional Outlook (Revenue, USD Million, 2015 – 2026)

• North America
  • S.
  • Canada
• Europe
  • K.
  • Germany
• Asia-Pacific
  • Japan
  • China
• Latin America
  • Brazil
  • Mexico
• MEA
  • South Africa
  • Saudi Arabia

Access Press Release of Wound Irrigation Systems Market @ https://www.grandviewresearch.com/press-release/us-wound-irrigation-systems-market-analysis

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, 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 healthcare.

For More Information:www.grandviewresearch.com

Product Design And Development Services Market Likely To Touch At USD 17.1 Billion By 2026: Grand View Research Inc.

San Francisco, 27 Nov 2020: The Report Product Design And Development Services Market Size, Share & Trends Analysis Report By Services, By Application (Diagnostic Equipment, Surgical Instruments), By End Use, By Region, And Segment Forecasts, 2019 – 2026

The global product design and development services market size is expected to reach USD 17.1 billion by the end of 2026, exhibiting a CAGR of 10.9% over the forecast period, according to a new report published by Grand View Research, Inc. Low product cost, short time-to-market, and demand for advanced technologies are some of the factors boosting the growth. Medical and life sciences companies face extreme cost pressures to develop new innovative products in shorter time frames while complying with stringent regulatory requirements of medical device. The regulatory process greatly affects the pathway of device development.

The manufacturers face more hurdles in getting cost-effective high-quality products to market faster along with some internal factors, such as designing and production. Hence, medical device companies adopt a design-to-manufacturing approach where design, engineering, as well as production teams work in collaboration to form product model. This approach enhances both product quality and profitability by decreasing errors in development and designing thereby increasing success rates.

Outsourcing design engineering is anticipated to witness healthy growth over the forecast period as an increased number of manufacturers-from start-up ventures to established companies-capitalize on the benefits related to outsourcing design engineering such as improved product design and cost-effectiveness to attain a competitive edge.

Besides, expert engineering organizations can offer broad multidisciplinary expertise to supplement internal skills, resulting into superior as well as market-dominating products. Outsourcing to a third-party can bring greater control to the development of a medical device as they are bound by contract to perform and deliver.

Access Research Report of Product Design And Development Services Market @ https://www.grandviewresearch.com/industry-analysis/product-design-development-services-market

Product Design & Development Services Market Report Highlights

• The research, strategy, and concept generation services segment accounted for the highest revenue share in 2018 as the stage requires extensive research and business and design strategy that generate maximum revenue
• The surgical instruments segment held major market share of 26.6% in 2018, due to the complexity of instruments required in detailed designing for making them suitable for direct contact with human body
• Key players in emerging economies of Asia Pacific and Latin America are witnessing significant increase in their revenue owing to the presence of lucrative growth opportunities. Medical device Original Equipment Manufacturers (OEMs) are outsourcing the production of their devices to these economies due to availability of labor and raw materials at affordable cost
• Some of the players operating in the product design and development services market are Ximedica; DeviceLab Inc.; Jabil Inc.; Flex Ltd.; Plexus Corp.; Celestica Inc.; Starfish Medical; Nordson MEDICAL; Planet Innovation; and Donatelle

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the global product design and development services market based on services, application, end use, and region:

Product Design and Development Services Outlook (Revenue, USD Million, 2015 – 2026)

• Research, Strategy, & Concept Generation
• Concept & Requirements Development
• Detailed Design & Process Development
• Design Verification
• Process Validation, Manufacturing Transfer & Design Validation
• Production & Commercial Support

Product Design and Development Services Application Outlook (Revenue, USD Million, 2015 – 2026)

• Diagnostic Equipment’s
• Therapeutic Equipment’s
• Surgical Instruments
• Clinical Laboratory Equipment’s
• Biological Storage
• Consumables
• Others

Product Design and Development Services End-use (Revenue, USD Million, 2015 – 2026)

• Medical Device Companies
• Pharmaceutical Companies
• Biotechnology Companies
• Contract Research Organizations

Product Design and Development Services Regional Outlook (Revenue, USD Million, 2015 – 2026)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Access Press Release of Product Design And Development Services Market @ https://www.grandviewresearch.com/press-release/global-product-design-development-services-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, 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 healthcare.

For More Information:www.grandviewresearch.com

Digital Pathology Market Size Is Projected To Reach USD 1.86 Billion By 2027: Grand View Research Inc.

San Francisco, 27  Nov 2020: The Report Digital Pathology Market Size, Share & Trends Analysis Report By Product, By Application (Drug Discovery & Development, Academic Research, Diagnosis), By End Use (Hospitals, Clinics), And Segment Forecasts, 2020 – 2027

The global digital pathology market size is expected to reach USD 1.86 billion by 2027, registering a CAGR of 11.8% over the forecast period, according to a new report published by Grand View Research, Inc. Increasing prevalence of chronic diseases triggers the demand for advanced diagnostics, which is expected to drive the market growth. Growing economic stability and awareness pertaining to the benefits of using Computer-Aided Diagnostics (CAD) is further contributing to the growth.

Technological advancements, such as digital imaging, computerization, robotic light microscopy, and multiple fiberoptic communications are some of the key factors driving the adoption of digital pathology. In addition, introduction of cloud-based technology enabling storage of digital slides coupled with secure access to pathologists is expected to serve as a potential growth driver for the market.

Digital pathology has important role in companion diagnostics and drug development pipeline, including molecular biology, biobanking, molecular tissue profiling, and tissue microarray analysis. Increasing demand for high-quality tissue samples in tissue-based biomarker research is expected to propel adoption of the technology over the forecast period.

The market is expected to witness intense competition in near future owing to rising adoption of rigorous strategies by the market players to sustain competition. For instance; whole slide imaging system manufacturers focus on obtaining premarket approval for diagnostic digital systems to capture greater revenue share.

Access Research Report of Digital Pathology Market @ https://www.grandviewresearch.com/industry-analysis/digital-pathology-systems-market

Digital Pathology Market Report Highlights

• Devices held the dominant market share in 2019 owing to increased use in academic research
• The rising implementation of slide management system in stratified medicine and tissue-based biomarker research is one of the key contributing factors for the dominance of this technology
• The software segment is expected to witness lucrative growth in the near future as the product assists in faster diagnosis and synchronization of patient data, where healthcare professionals can remotely access this information
• Digital pathology is increasingly used in academic research owing to various benefits, such as cost-effectiveness and rapid results
• The disease diagnosis segment is expected to witness lucrative growth over the forecast period owing to the increasing prevalence of cancer and demand for noble diagnosis techniques
• The availability of unified platforms for workflows in pathology is anticipated to boost the usage of computer-aided imaging technology in academic research, which is anticipated to boost the segment growth
• Hospital led the end-use segment in 2019 owing to the increasing adoption of digital pathology
• The digital pathology market is expected to remain innovation-led, with frequent acquisitions and strategic alliances. New product development and well-established distribution channels are key to the competitive advantage of leading players
• An increasing usage rate of the digital imaging systems to facilitate faster diagnosis, particularly of chronic diseases; the increased uptake of these products serves as the key driver of this market

Access Press Release of Digital Pathology Market @ https://www.grandviewresearch.com/press-release/global-digital-pathology-market

Hybrid Imaging Market Size Is Poised To Reach USD 9.8 Billion By 2026: Grand View Research Inc.

San Francisco, 27 Nov 2020: The Report Hybrid Imaging Market Size, Share & Trends Analysis Report By Type (PET/CT, SPET/CT), By Application (Oncology, Cardiology), By End Use (Hospitals, Diagnostic Imaging Centers), And Segment Forecasts, 2019 – 2026

The global hybrid imaging market size is expected to reach USD 9.8 billionby 2026, according to a new report by Grand View Research, Inc., registering a 4.5% CAGR over the forecast period. Increasing demand for accurate diagnostic techniques for cancer and cardiac disorders is expected to drive the market. Rising government initiatives for creating awareness regarding multimodal imaging devices are also expected to contribute toward market growth.

Increasing installation of such devices in research centers and institutions to enhance diagnostics in the field of oncology, cardiology, neurology, and others is expected to boost market growth. Leading players in the market are showcasing various multimodal imaging devices at medical conferences to increase their product reach. However, high cost and complications associated with these devices is expected to impede market growth during the forecast period.

Hybrid imaging devices require skilled professionals to understand the data collected by these combined devices. Therefore, various training programmes are conducted by several non-profit and government funded organizations to increase the adoption of hybrid imaging devices for the diagnosis of a disease.

North America dominated the hybrid/multimodal imaging market in 2018 and is expected to grow at a significant rate during the forecast period. The growth observed in this region is largely due to presence of global players and increasing adoption of advanced equipment such as hybrid imaging devices. Moreover, increasing awareness regarding nuclear medicine and molecular diagnostics in the region is expected to contribute toward the growth in this region.

Asia Pacific is expected register the strongest growth over the forecast period. This can be primarily attributed to growing usage of advanced devices such as PET/CT systems in radiology departments across emerging economies. Thriving medical tourism in numerous countries has piqued the interest of global market players, who are looking to invest in the development and launch of advanced software in the region. The Europe market is fueled by ongoing efforts by various non-profit organizations in conducting educational and training programs for scientists, physicians, technologists, physicists, radiographers, and others in the field.

Access Research Report of Hybrid Imaging Market @ https://www.grandviewresearch.com/industry-analysis/hybrid-imaging-market

Further key findings from the report suggest:

• PET/CT systems held the largest share in 2018 based on type, and the segment is expected to grow at a significant pace due to increasing development and installation of these devices in various end users such as hospitals and diagnostic centers
• SPET/CT systems segment in hybrid imaging market will exhibit the fastest growth rate during the forecast period. Data captured by SPET/CT helps in understanding the detailed morphology and pathogenesis of a disease, thereby enhancing the quality of diagnostic output
• In 2018, the oncology segment held the dominant share of hybrid imaging systems market by application, largely due to increasing number of cancer cases and growing awareness for cancer diagnosis
• The cardiology segment is expected to grow at the fastest pace during the forecast period. Cardiac hybrid imaging helps in accurately capturing morphological and functional information in a single setting, thereby easing the diagnosis of cardiac disorders
• Hospitals held the largest market share in 2018 on the basis of end use, mainly due to higher installation of technologically advanced devices for early diagnosis and treatment of a disease
• Geographically, Asia Pacific is expected to register the fastest growth rate during the forecast period due to increasing number of radiology departments in the region and launch of advanced software by leading players.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the global hybrid imaging market on the basis of type, application, end use, and region:

Hybrid Imaging Type Outlook (Volume, Units; Revenue, USD Million, 2015 – 2026)

• PET/CT systems
• SPET/CT systems
• PET/MR systems
• OCT/Fundus Imaging System
• Others

Hybrid Imaging Application Outlook (Revenue, USD Million, 2015 – 2026)

• Oncology
• Ophthalmology
• Cardiology
• Brain & Neurology
• Others

Hybrid Imaging End-use Outlook (Revenue, USD Million, 2015 – 2026)

• Hospitals
• Diagnostic Imaging Centers
• Others

Hybrid Imaging Regional Outlook (Revenue, USD Million, 2015 – 2026)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Access Press Release of Hybrid Imaging Market @ https://www.grandviewresearch.com/press-release/global-hybrid-imaging-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, 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 healthcare.

For More Information:www.grandviewresearch.com

Automotive Aftermarket Size Is Poised To Reach USD 513.8 Billion By 2027: Grand View Research Inc.

San Francisco, 27 Nov 2020: The Report Automotive Aftermarket Size, Share & Trends Analysis Report By Replacement Part (Tire, Battery, Filters), By Distribution Channel, By Service Channel, By Certification, By Region, And Segment Forecasts, 2020 – 2027

The global automotive aftermarket size is expected to reach USD 513.8 billion by 2027, registering a CAGR of 4.0% over the forecast period, according to a new report by Grand View Research, Inc. Digitalization of automotive repair and component sales, along with advanced technology incorporations in the automobile aftermarket component manufacturing, is expected to boost the market growth. Increasing adoption of semi-autonomous, electric vehicles, and hybrid and autonomous cars is further expected to bolster the market growth.

Increasing disposable income and improved lifestyle in developing countries such as India and Brazil are leading to increased vehicle penetration, which is expected to drive the market in the region. Growth in the automotive manufacturing sector across various regions, along with stringent emissions norms, are expected to drive the aftermarket component sales over the forecast period. Third party services and technological advancements offer new and profitable revenue streams to leverage these opportunities. In addition, the industry requires investment in product development, supply chain, organizational design, and pricing model to create significant surge in the demand.

Manufacturers in developing countries are adopting various strategies, including mergers, acquisitions, and partnerships to gain a strong foothold in the market. Asia Pacific is expected to be the fastest growing regional market owing to improving living standards and high automobile production. With increasing penetration and acceptance of gas and hybrid electric cars, specialized repair centers, dedicated toward repairing of particular vehicles, are expected to increase.

Access Research Report of Automotive Aftermarket @ https://www.grandviewresearch.com/industry-analysis/aftermarket-automotive-parts-market

Further key findings from the report suggest:

• The aftermarket is estimated to grow significantly over the forecast period owing to increasing number of lightweight vehicles along with increasing age of the light vehicle fleet
• Innovative business models and solutions provided by the manufacturers and growing investments in the same, are expected to create sustainable growth opportunities for the market
• North America has a higher technology adoption rate, which is anticipated to result in faster and higher adoption of hybrid electric automobiles in the region as compared to other geographies
• The automotive aftermarket is anticipated to witness a phase change owing to the growing proportion of specialized automotive collision repair centers that are dedicated toward serving specific vehicles such as alternate fuel powered vehicles
• Key industry participants include Magneti Marelli S.p.A., Continental AG, 3M Company, Federal-Mogul Corporation, Delphi Automotive PLC, Robert Bosch GmbH, and Denso Corporation.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/automotive-and-transportation

Grand View Research has segmented the global automotive aftermarket based on replacement part, distribution channel, service channel, certification, and region:

Automotive Aftermarket Replacement Part Outlook (Revenue, USD Billion, 2016 – 2027)

• Tire
• Battery
• Brake parts
• Filters
• Body parts
• Lighting & Electronic components
• Wheels
• Exhaust components
• Turbochargers
• Others

Automotive Aftermarket Distribution Channel Outlook (Revenue, USD Billion, 2016 – 2027)

• Retailers
  • OEMs
  • Repair Shops
• Wholesalers & Distributors

Automotive Aftermarket Service Channel Outlook (Revenue, USD Billion, 2016 – 2027)

• DIY (Do It Yourself)
• DIFM (Do It for Me)
• OE (Delegating to OEM’s)

Automotive Aftermarket Certification Outlook (Revenue, USD Billion, 2016 -2027)

• Genuine Parts
• Certified Parts
• Uncertified Parts

Automotive Aftermarket Regional Outlook (Revenue, USD Billion, 2016 – 2027)

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Access Press Release of Automotive Aftermarket @ https://www.grandviewresearch.com/press-release/global-automotive-aftermarket-industry

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, 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 healthcare.

For More Information:www.grandviewresearch.com

Light Duty Vehicles Market Size Is Likely To Reach USD 922.2 Billion By 2025: Grand View Research Inc.

San Francisco, 27 Nov 2020: The Report Light Duty Vehicles Market Size, Share & Trends Analysis Report By Vehicle Type, By Fuel Type (Diesel, Gasoline, Hybrid, Electric), By Transmission (Manual, Automatic), By Drivetrain, By Region, And Segment Forecasts, 2019 – 2025

The global light duty vehicles market size is expected to reach USD 922.21 billion by 2025, registering a CAGR of 8.5% from 2019 to 2025, according to a new report by Grand View Research, Inc., The increasing demand for passenger cars for shared mobility services is expected to emerge as one of the major drivers of growth. The continued development of driverless electric cars is also expected to drive the market growth over the forecast period.

The continued development of Electric Vehicles (EVs) and semi-autonomous commercial cars/trucks bodes well for the growth of the market. Several governments are already pursuing initiatives to facilitate the development of EVs. For instance, the Government of India’s National Electric Mobility Mission Plan (NEMMP) targets unit sales of 6-7 million hybrid vehicles and EVs by 2026. As such, the continued adoption of EVs for commercial transportation, owing to the numerous benefits EVs can offer over conventional vehicles, is expected to drive the market growth over the forecast period.

The growing trend of offering shared mobility is expected to drive the growth of the light duty vehicles marketover the forecast period. Online transportation network companies, such as Ola Cabs and Uber Technologies Inc., are increasingly deploying light duty passenger cars to offer shared mobility services that allow passengers to share a ride with people heading towards the same destination. The development of other mobility services, such as micro transit and courier network services, is also expected to drive the market growth over the forecast period.

The e-commerce industry has witnessed noticeable growth in developed as well as developing economies. The unabating growth of the e-commerce industry is prompting logistics & transportation companies to rollout efficient logistics services, thereby driving the market growth. The demand for light duty vehicles is growing, particularly in emerging economies, where the industrial sector is expanding gradually, and the need to transport raw materials and finished products efficiently is increasing subsequently.

Access Research Report of Light Duty Vehicles Market @ https://www.grandviewresearch.com/industry-analysis/light-duty-vehicles-market

Further key findings from the study suggest:

• Asia Pacific is projected to emerge as the fastest-growing regional market over the forecast period owing to the increasing adoption of light duty vehicles by the incumbents of the e-commerce and tourism industries in the region
• The electric segment is expected to register the highest CAGR over the forecast period owing to the initiatives being pursued aggressively all over the world to encourage the development and adoption of EVs
• The all-wheel drive segment is expected to emerge as the fastest-growing segment over the forecast period owing to the growing use of all-wheel drivetrains in sports utility vehicles (SUVs) and trucks
• The automatic segment is expected to register the highest CAGR over the forecast period owing to the convenience automatic transmission vehicles can offer in heavy traffic conditions
• The key players operating in the light duty vehicles market are BMW AG, Daimler AG, Fiat Chrysler Automobiles N.V., Ford Motor Company, General Motors Company, Honda Motor Company, Ltd., Hyundai Motor Company, Nissan Motor Company, Ltd., Subaru Corporation, and Toyota Motor Corporation, among others.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/automotive-and-transportation

Grand View Research has segmented the global light duty vehicles market on the basis of vehicle type, fuel type, transmission, drivetrain, and region:

Light Duty Vehicles Type Outlook (Volume, Million Units; Revenue, USD Billion, 2014 – 2025)

• Passenger Car
• Van
• Sports Utility Vehicle (SUV)
• Pickup Truck

Light Duty Vehicles Fuel Type Outlook (Volume, Million Units; Revenue, USD Billion, 2014 – 2025)

• Diesel
• Gasoline
• Hybrid
• Electric

Light Duty Vehicles Transmission Outlook (Volume, Million Units; Revenue, USD Billion, 2014 – 2025)

• Manual
• Automatic

Light Duty Vehicles Drivetrain Outlook (Volume, Million Units; Revenue, USD Billion, 2014 – 2025)

• Front Wheel Drive (FWD)
• Rear Wheel Drive (RWD)
• Four Wheel Drive (4WD)
• All-Wheel Drive (AWD)

Light Duty Vehicles Regional Outlook (Volume, Million Units; Revenue, USD Billion, 2014 – 2025)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Access Press Release of Light Duty Vehicles Market @ https://www.grandviewresearch.com/press-release/global-light-duty-vehicles-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, 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 healthcare.

For More Information:www.grandviewresearch.com

Temperature Sensors Market Size To Hit USD 6.13 Billion By 2020: Grand View Research Inc.

San Francisco, 27 Nov 2020: The Report Temperature Sensors Market Size, Share & Trends Analysis Report By Application (Automotive, Consumer Electronics, Environmental, Medical, Process Industries), And Segment Forecasts To 2020

The global temperature sensors market size is expected to reach USD 6.13 billion by 2020, according to a new study by Grand View Research, Inc. Increasing global demand for smarter consumer electronics and automobiles is expected to favor market growth over the forecast period. Temperature sensors are increasingly used in smartphones and other consumer electronics to monitor their temperature and enhance performance. 

Basic temperature sensors include resistive temperature devices (RTD), thermocouples, liquid expansion devices, silicon diodes, infrared sensors, etc. Additionally, the fusion of communication, computing, and sensing is expected to drive the MEMS market, which is expected to benefit global temperature sensor demand. Technological advancements and device miniaturization also drive market growth. The need for ensuring safety and favorable regulatory scenario is expected to fuel market growth over the forecast period. However, intense competition and significant price cuts may restrain the temperature sensors market over the forecast period.

Access Research Report of Temperature Sensors Market @ https://www.grandviewresearch.com/industry-analysis/temperature-sensors-market

Further key findings from the study suggest:

• Consumer electronics and environmental applications are expected to grow at a considerable rate over the forecast period. Temperature sensors are increasingly used standalone or integrated with diverse equipment. This technology is spurred by factors such as low cost and power and wireless connectivity. The introduction of new raw materials such as polymers is expected to lower the weight, size, and cost of electronic devices.
• Sensors are used in a wide range of applications such as consumer electronics, automotive, process industries, etc. owing to easy equipment integration. Temperature sensors are increasing used in automotive applications such as cylinder head temperatures, coolant, and air intake. Therefore, the rise in automobile production is expected to favor market demand. Temperature sensors are also used in HVAC, environmental control, food processing, medical devices, and chemical handling applications.
• The Asia Pacific temperature sensors market accounted for over 30% of the global demand and is expected to grow at a considerable rate over the next six years. The regional market is expected to be driven by advancements in sensor technology and demand for high-performance sensors that can be fitted into handheld portable devices. China is expected to be the largest contributor to regional market revenue generation over the next six years.
• Key market participants include ABB, Delphi Automotive, Analog Devices Inc., Siemens AG, Freescale Semiconductor, Honeywell International, Texas Instruments, NXP Semiconductors, Panasonic, etc. Honeywell serves various industries including aerospace & defense, medical, transportation, industrial, etc. Key players are increasingly moving their manufacturing facilities in countries with economical labor particularly in Asia Pacific to reduce their overall cost. Cost-effective and differentiated services are expected to be a critical success factor for industry participants.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/sensors-and-controls

Grand View Research has segmented the global temperature sensors market on the basis of application and region:

Temperature Sensors Application Outlook (Revenue, USD Million, 2012 – 2020)

• Automotive
• Consumer Electronics
• Environmental
• Healthcare & Medical
• Process Industries
• Others

Temperature Sensors Regional Outlook (Revenue, USD Million, 2012 – 2020)

• North America           
• Europe
• Asia Pacific
• RoW

Access Press Release of Temperature Sensors Market @ https://www.grandviewresearch.com/press-release/global-temperature-sensors-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, 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 healthcare.

For More Information:www.grandviewresearch.com

Engineering Services Outsourcing Market Projected To Expand At A CAGR 29.2% For The Forecast Period From 2020 To 2027: Grand View Research Inc.

San Francisco, 23 Nov 2020: The Report Engineering Services Outsourcing Market Size, Share & Trends Analysis Report By Service (Designing, Prototyping, System Integration, Testing), By Location, By Application, By Region, And Segment Forecasts, 2020 – 2027

The global engineering services outsourcing market size is expected to reach USD 2.47 trillion by 2027, registering an estimated CAGR of 29.2% from 2020 to 2027, according to a new report published by Grand View Research, Inc. Multiple attributes of the outsourced service offerings including low costs, application of information technology in varied industries, and globalization of R&D and engineering are anticipated to fuel the growth.

Over the last decade, the engineering services outsourcing (ESO) industry has evolved abruptly, wherein the engineering service providers (ESPs) traditionally provided solutions required by the original equipment manufacturers (OEMs) at each of product lifecycle ranging from conceptualization to aftermarket support services. With the advent of technology advancements, ESPs are now leveraging analytics, automation and IT related services-largely been used in product design and development-in their portfolios to cater the expectations of their customers. Furthermore, the proliferation of wireless communications, distributed computing, big-data capabilities, and sensor technologies are rapidly transforming the technology landscape.

The emergence of fundamental technologies, such as, blockchain, digital reality, virtual reality (VR), augmented reality (AR), internet of things (IoT), and cognitive technologies is expected to harness innovation; maintaining operational integrity of the businesses. These technologies have surfaced to be a critical factor in digital transformation services, modernizing the core systems of the OEMs and thereby increasing the potential of ESO at a global scale. As a result, the global engineering centers (GECs) are now investing heavily in R&D for broadening the scope of their service offerings to their customers.

Access Research Report of Engineering Services Outsourcing Market @ https://www.grandviewresearch.com/industry-analysis/engineering-services-outsourcing-market

Engineering Services Outsourcing Market Report Highlights

• The automotive segment accounted for over 20% of the total revenue share of the market in 2019.
• The designing segment is anticipated to witness the fastest growth over the next eight years with an anticipated CAGR of 31.3% between 2020 and 2027 owing to the rising demand for latest technologies for product designing and visual designing to enhance the end-user experience.
• Asia Pacific ESO market accounted for the largest revenue share in 2019 and is anticipated to continue dominating the overall market over the forecast period.
• The key players in engineering services outsourcing market are Wipro Limited, Infosys Limited, Tech Mahindra Limited, Tata Consultancy Services Limited, HCL Technologies Limited, Alten GmbH, Infosys Ltd., and Altran Technologies S.A.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/communication-services

Grand View Research has segmented the global engineering services outsourcing market on the basis of services, location, application, and region:

ESO Services Outlook (Revenue, USD Billion, 2016 – 2027)

• Designing
• Prototyping
• System Integration
• Testing
• Others

ESO Location Outlook (Revenue, USD Billion, 2016 – 2027)

• Onshore
• Offshore

ESO Application Outlook (Revenue, USD Billion, 2016 – 2027)

• Aerospace
• Automotive
• Construction
• Consumer Electronics
• Semiconductors
• Pharmaceuticals
• Telecom
• Others

ESO Regional Outlook (Revenue, USD Billion, 2016 – 2027)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Access Press Release of Engineering Services Outsourcing Market @ https://www.grandviewresearch.com/press-release/global-engineering-services-outsourcing-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, 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 healthcare.

For More Information:www.grandviewresearch.com

Healthcare Finance Solutions Market Expected To Witness A Substantial Growth Of USD 178.3 Billion By 2026: Grand View Research Inc.

San Francisco, 26 Nov 2020: The Report Healthcare Finance Solutions Market Size, Share & Trends Analysis Report By Equipment Type, By Healthcare Facility Type, By Service, And Segment Forecasts, 2019 – 2026

The global healthcare finance solutions market is expected to reach USD 178.3 billion by 2026, accelerating at a CAGR of 7.6% over the forecast period, according to a new report by Grand View Research, Inc. Hospitals, health systems, and physician practices are experiencing financial challenges due to the decreasing cost of care and need of capital investment.

Competitive pricing & improved quality of healthcare services and change in reimbursement plans in the U.S. are expected to drive the healthcare finance solutions market over forecast period. In addition, need of technology advancements, regulatory changes and patient consumerism in healthcare systems are fueling the market growth.

Growing patient demands, expansion of healthcare access, and frequently changing laws are driving the need of financial support to the healthcare systems. Also, the requirement of investment in advanced technology, services, and healthcare infrastructure is expected to propel market growth during the forecast period.

Healthcare equipment leasing, health IT initiatives, large healthcare transactions such as mergers and acquisitions are some factors expected to propel market growth during the forecast period. In addition, financial support for the ongoing medical research and development is also anticipated to drive market growth.

Access Research Report of Healthcare Finance Solutions Market @ https://www.grandviewresearch.com/industry-analysis/healthcare-finance-solutions-market

Healthcare Finance Solutions Market Report Highlights

• Decontamination equipment was the largest segment accounting for 34.4% of the market share in 2018. This is attributed to the fact that these instruments are costly and require huge amount of capital
• On the basis of healthcare facility, the hospitals & health systems dominated the market in 2018 with a share of 23.6% due to the increasing prevalence of chronic diseases and the need to treat them along with handling patient data
• North America dominated the market in 2018 with 38.2% share due to high demand for advanced healthcare systems and electronic data management initiatives
• Some of the players operating in the healthcare finance solutions market are Koninklijke Philips N.V., General Electric Company, Commerce Bankshares, Inc., Siemens Financial Services, Inc., Thermo Fisher Scientific, Inc., Stryker, Gemino Healthcare Finance, Oxford Finance LLC, TCF Capital Solutions, and CIT Group, Inc.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the global healthcare finance solutions market based on equipment, healthcare facility, services, and region:

Healthcare Finance Solutions Equipment Outlook (Revenue, USD Million, 2015 – 2026)

• Diagnostic/Imaging Equipment
• Specialty Beds
• Surgical Instruments
• Decontamination Equipment
• IT Equipment

Healthcare Finance Solutions Healthcare Facility Outlook (Revenue, USD Million, 2015 – 2026)

• Hospitals & Health Systems
• Outpatient Imaging Centers
• Outpatient Surgery Centers
• Physician Practices & Outpatient Clinics
• Diagnostic Laboratories
• Urgent Care Clinics
• Skilled Nursing Facilities
• Pharmacies
• Other Healthcare Providers

Healthcare Finance Solutions Services Outlook (Revenue, USD Million, 2015 – 2026)

• Equipment and Technology Finance
• Working Capital Finance
• Project Finance Solutions
• Corporate Lending

Healthcare Finance Solutions Regional Outlook (Revenue, USD Million, 2015 – 2026)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Access Press Release of Healthcare Finance Solutions Market @ https://www.grandviewresearch.com/press-release/global-healthcare-finance-solutions-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, 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 healthcare.

For More Information:www.grandviewresearch.com

Non-invasive Aesthetic Treatment Market Likely To Touch At USD 9.9 Billion By 2026: Grand View Research Inc.

San Francisco, 26 Nov 2020: The Report Non-invasive Aesthetic Treatment Market Size, Share & Trends Analysis Report By Procedure (Skin Rejuvenation, Injectables), By Region (North America, APAC, MEA, Europe, LATAM), And Segment Forecasts, 2019 – 2026

The global non-invasive aesthetic treatment market size is anticipated to reach USD 9.9 billion by 2026, expanding at a CAGR of 5.3%, according to a new report by Grand View Research, Inc. This can be attributed to the increasing beauty consciousness worldwide and the growing geriatric population. Furthermore, technological advancements in aesthetic devices are also anticipated to fuel market growth. For instance, the BodyFX system provides effective non-invasive cellulite treatment with zero downtime. Moreover, these procedures do not cause any skin damage, thereby boosting demand for non-invasive aesthetic treatments.

According to WHO data, the proportion of the population aged 60 years and above will increase from nearly 12% in 2015 to around 22% in 2050. The geriatric population susceptible to the signs of aging such deep wrinkles, frown lines, facial acne scars, tear troughs, dimpling of the chin, mouth wrinkles, and loose skin is driving the market growth.

Furthermore, increasing exposure to social media and photo editing apps has increased the demand for cosmetic procedures. For instance, around 43% of British population is interested in non-invasive cosmetic procedures. This can be attributed to the increasing online sharing of non-invasive aesthetic procedure experiences by celebrities and common people.

Mergers and acquisition, product launches, geographic expansion, and strategic collaboration are some of the key sustainable strategies undertaken by the market players. For instance, in 2018, Hologic, Inc. (Cynosure, Inc.) announced the approval of SculpSure Laser by Health Canada. This device is used for lipolysis or non-invasive body contouring of inner and outer thighs, chin, and back. This approval is expected to widen the company’s geographic reach.

Access Research Report of Non-invasive Aesthetic Treatment Market @ https://www.grandviewresearch.com/industry-analysis/non-invasive-aesthetic-treatment-market

Non-invasive Aesthetic Treatment Market Report Highlights

• The current demand for physical appearance augmentation and aesthetic cosmetic procedures is mainly driven by personal dissatisfaction with appearance and a strong desire to look young and attractive
• Injectables procedures dominated the market in 2018. This can be attributed to increasing demand for anti-aging injectables
• North America dominated the market in 2018. This can be attributed to availability and adoption of advanced treatment options in this region
• Asia Pacific is anticipated to witness a lucrative growth over the forecast period. This can be attributed to increasing disposable income and increasing awareness regarding the various aesthetic procedures
• Key companies profiled are Hologic, Inc.; Allergan, Inc.; Galderma S.A; Alma Lasers; Syneron Candela; Lumenis Ltd; Solta Medical; Cutera Inc; Merz Pharma; and Johnson & Johnson.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the global non-invasive aesthetic treatment market on the basis of procedure and region:

Non-invasive Aesthetic Treatment Procedure Outlook (Revenue, USD Million, 2015 – 2026)

• Injectables
  • Botulinum Toxin
  • Calcium Hydroxylapatite
  • Hyaluronic Acid
  • Polymer Filler
  • Collagen
• Skin Rejuvenation
  • Chemical Peel
  • Laser Skin Resurfacing
  • Photorejuvenation
• Others
  • Hair Removal
  • Nonsurgical Fat Reduction
  • Sclerotherapy
  • Cellulite Treatment

Non-invasive Aesthetic Treatment Regional Outlook (Revenue, USD Million, 2015 – 2026)

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

Access Press Release of Non-invasive Aesthetic Treatment Market @ https://www.grandviewresearch.com/press-release/global-non-invasive-aesthetic-treatment-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, 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 healthcare.

For More Information:www.grandviewresearch.com