Can Seamers Market Size Is Expected To Reach USD 716.8 Million By 2028: Grand View Research Inc.

San Francisco, 29 Oct 2021: The Report Can Seamers Market Size, Share & Trends Analysis Report By Product (Automatic, Semi-automatic), By Application (Beverage, Food), By Region (North America, Europe, APAC, CSA, MEA), And Segment Forecasts, 2020 – 2028

The global can seamers market size is anticipated to reach USD 716.8 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.7% from 2020 to 2028. Increasing demand for sustainable packaging solutions especially in the food and beverage industry is expected to drive the demand for can seamers over the forecast period.

The increasing consciousness regarding the drawbacks of using single-use plastics along with government initiatives to ban single-use plastic packaging that affects the environment has led the manufacturers to switch to metal packaging. Increasing demand for metal packaging is projected to boost market growth over the forecast period.

The consumption of canned food is rising rapidly, thereby augmenting the demand for food can seamers, owing to its increased adoption in sealing canned food products. The demand for automatic food can seamers is expected to increase rapidly as compared to semi-automatic as they help improve the production efficiency and save on operating expenses.

The market exhibits the dominance of well-established players, which mostly operate through Europe, North America, and Asia Pacific with their dedicated distribution and manufacturing locations present across the globe. Established players in the industry exhibit a higher sales and broader distribution network along with a wider product line.

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Can Seamers Market Report Highlights

  • The automatic product segment is expected to witness a CAGR of 5.2% over the forecast period owing to the ability to seam a large number of cans per minute as compared to a semi-automatic seaming machine
  • The demand for can seamers in the beverage industry is expected to witness a CAGR of 5.0% over the forecast period owing to its increasing penetration for seaming numerous carbonated soft drinks, beer, health drinks, and sucralose juices
  • Asia Pacific led the market and accounted for a revenue share of 37.8% in 2020 owing to the presence of rapidly developing economies and flourishing food and beverage industries in the region
  • Major players in the market have extensively invested in research and development operations in recent years, which has led to the invention of several advanced products that can be utilized across the market

List of Key Players of Can Seamers Market

  • Pneumatic Scale Angelus
  • Ferrum Ltd.
  • Bubber Machine Tools
  • Innovus Engineering Ltd,
  • SHIN I MACHINERY WORKS CO., LTD.
  • Dixie Canner Co.
  • JK Somme
  • JBT
  • Ezquerra
  • MontajesConserveros de Galicia S.L
  • Swiss Can Machinery AG
  • Lanico-Maschinenbau Otto Niemsch GmbH

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Powder Compacting Pressers Market Size Worth $ 408.9 Million By 2028: Grand View Research Inc.

San Francisco, 29 Oct 2021: The Report Powder Compacting Pressers Market Size, Share & Trends Analysis Report By Product (Mechanical, Electric), By Application (Powder Metallurgy, Ceramic & Cement), By End Use, By Region, And Segment Forecasts, 2020 – 2028

The global powder compacting pressers market size is expected to reach USD 408.9 million by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.7% from 2020 to 2028. The rising adoption of powder compacting pressers in the end-use industries, including automobile, military, machining, and aerospace, is anticipated to have a positive impact on the market growth.

Increasing automotive production, mainly in the emerging economies of Asia Pacific, the Middle East, and South America, is projected to aid the market growth. Furthermore, governments across the globe are providing tax incentives to vehicle manufacturers switching to electric standards, in turn, augmenting the demand for powder compacting pressers.

The aerospace and military sectors are the early adopters of powder compacting pressers, thus, lightweight parts made from aluminum, titanium, and steel, are witnessing growth. Products manufactured by these machinery aids in reducing material wastage as compared to the conventional methods, in turn, complementing the equipment demand.

Companies are collaborating with educational institutions to develop processes and technologies offering a sustainable advantage in the future. Rising investments in R&D for the incorporation of advanced technologies, such as artificial intelligence (AI) and the Internet of Things (IoT), in powder compacting pressers are expected to complement market growth. 

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Powder Compacting Pressers Market Report Highlights

  • By product, hydraulic powder compacting pressers are expected to witness considerable growth from 2020 to 2028 owing to their ability to provide versatility in stroke length, die space, and pressure
  • In terms of application, the ceramic and cement segment is expected to witness the fastest growth from 2020 to 2028. This is credited to the increasing adoption of powder compacting pressers in the production of ceramic cutting tools due to the high heat resistance and extensive usage in metalworking for extremely hard parts
  • The automotive end-use segment held the largest share in 2020 on account of the rising advent of electric vehicles, coupled with the adoption of the equipment to manufacture gears, seals, and magnets
  • In 2020, France accounted for a 13.8% share in the European market owing to the increasing production of complex parts with high dimensional accuracy and quality in the aerospace industry in the country
  • Manufacturers are engaged in collaborations to expand their geographical presence, increase production capacity, and launch new powder compacting pressers using advanced technology

List of Key Players of Powder Compacting Pressers Market

  • KomageGellnerMaschinenfabrik KG
  • SMS group GmbH
  • Osterwalder AG
  • MaschinenfabrikLauffer GmbH & Co.KG
  • Gasbarre Products, Inc.
  • Ajax CECO Erie Press
  • Beckwood Press
  • Digital Press
  • DORST Technologies GmbH & Co. KG
  • Cincinnati Incorporated
  • Nanjing East Precision Machinery CO., LTD.
  • Dongguan Yihui Hydraulic Machinery Co., Ltd.
  • Santec Exim Pvt. Ltd.
  • Quintus Technologies AB
  • SACMI IMOLA S.C.

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Per Diem Nurse Staffing Market Expected To Witness A Substantial Growth Of USD 11.1 Billion By 2028: Grand View Research Inc.

San Francisco, 29 Oct 2021: The Report Per Diem Nurse Staffing Market Size, Share & Trends Analysis Report By Region (Asia Pacific, North America, Latin America, Middle East & Africa), And Segment Forecasts, 2021 – 2028

The global per diem nurse staffing market size is expected to reach USD 11.1 billion by 2028, registering a CAGR of 4.9% over the forecast period, according to a new report by Grand View Research, Inc. Higher demand for medical-surgical nurses & increased utilization of staffing agencies, and the rising demand for family nurse practitioners are driving the market. The rising geriatric population leads to an increase in the number of hospital admissions, which is another key factor boosting the market growth.

Moreover, the spread of infectious diseases, especially during flu season, is an important factor resulting in a sudden increase in the number of hospital admissions, thereby creating the need for additional nursing staff. For example, according to the Centers for Disease Control and Prevention (CDC), an estimated 959,000 people were hospitalized because of the 2017-2018 influenza season in the U.S. Similarly, the 2018-2019 flu season accounted for 69,000-84,000 hospital admissions in the U.S.

Such temporary need for an additional nurse workforce can be easily fulfilled by per diem nurses, thereby augmenting the market growth. The COVID-19 pandemic has increased the pressure on the medical workforce. With hospitals being overburdened with COVID-19 patients, the demand for per diem nurse staffing is increasing exponentially. At this point, the main aim of healthcare facilities is to deploy the maximum number of medical staff for the management of COVID-19 patients.

Thus, the pandemic is driving market growth. With more patients being hospitalized, more nurses are required for the care, which is impelling the need for temporary nurses. According to June Pulse Survey by Staffing Industry Analysts (SIA), the demand for pre diem staffing increased by 6% during the COVID-19 pandemic. However, lower job security and stringent regulations are creating negativity in nurses to work as per diem nurses, which is a big challenge to the market.

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Per Diem Nurse Staffing Market Report Highlights

  • A significant rise in the number of government & nongovernment hospitals, acute care centers, long-term care centers, and other types of healthcare facilities is anticipated to fuel the market growth
  • North America dominated the global market in 2020 due to the presence of the target population and high demand for nurses
  • Countries like the U.S. have good insurance coverages that make home nurse service, which is usually of per diem type, affordable
  • Asia Pacific is expected to witness the fastest CAGR during the forecast period on account of rising investments by major players due to the growing popularity of per diem services
  • Partnerships and M&As have been the most used strategies in this highly competitive market. For instance, AMN healthcare in 2018 acquired Leader for Today and Philips DiPisa to use their placement expertly

List of Key Players of the Per Diem Nurse Staffing Market

  • Cross Country Healthcare, Inc.
  • Health trust Workforce Solutions
  • Maxim Healthcare Group
  • Supplemental Healthcare
  • Accountable Healthcare Staffing
  • AMN Healthcare
  • Nurse Staffing LLC
  • GHR Healthcare
  • Interim HealthCare, Inc.
  • CareerStaff Unlimited

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Pneumatic Nebulizers Market Size Is Poised To Reach USD 1.02 Billion By 2028: Grand View Research Inc.

San Francisco, 29 Oct 2021: The Report Pneumatic Nebulizers Market Size, Share & Trends Analysis Report By Product (Breath-actuated, Vented), By End-use (Hospitals & Clinics, Home Healthcare), By Region (North America, APAC), And Segment Forecasts, 2021 – 2028

The global pneumatic nebulizers market size is anticipated to reach USD 1.02 billion by 2028, registering a CAGR of 6.0% over the forecast period, according to a new report by Grand View Research, Inc. The market has shown constant growth in the adoption of pneumatic nebulizers as home healthcare devices have been gaining popularity in recent years. Miniaturization of products and technological advancements are also boosting the adoption of home healthcare devices.

As per the Minnesota Department of Health, administration of medication through nebulizer represents a lower infection risk as compared to other aerosol-producing procedures. On the other hand, according to ISAM, aerosols from the nebulizer do not carry viral particles derived from the patient as they are generated from the fluid in the nebulized chamber, which is a non-patient source. Aerosols generated by nebulizers comprise pathogens only when the healthcare workers or patients contaminate the nebulizers. Various recommendations from institutes do not clarify whether it is appropriate to use nebulizers during the pandemic.

However, there are no known cases of passive infection due to nebulizers. Also, the risk of infection, if any, can be avoided if proper COVID-19 precautions are taken. Therefore, the pandemic affected the overall market only to a certain extent. Revolutionary technological progress is rapidly transforming the market. These expansions are producing lucrative potentials. For instance, in March 2019, Breath Technologies announced the initiation of Phase 3 BOSTON clinical study of L-CsA-i for the treatment of bronchiolitis obliterans syndrome via a drug-specific eFlow nebulizer of PARI Pharma that is under investigation.

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Pneumatic Nebulizers Market Report Highlights

  • The breath-actuated product segment held the dominant revenue share of the global market in 2020 owing to the increased product demand
  • The hospitals & clinics end-use segment led the market in 2020 with a revenue share of more than 66% owing to the high product usage a hospitals & clinics
  • In 2020, North America was the dominant regional market owing to the increased prevalence of respiratory diseases and high product adoption
  • Europe accounted for the second-largest revenue share in 2020 due to increased geriatric population and awareness about the product
  • Asia Pacific region is expected to register the fastest CAGR over the forecast period owing to the presence of emerging countries, such as China and India

List of Key Players of Pneumatic Nebulizers Market

  • Koninklijke Philips N.V.
  • Omron Corp.
  • PARI Pharma
  • General Electric Company
  • Allied Healthcare Products, Inc.
  • BD (Becton, Dickinson & Company)
  • GF Health Products, Inc.
  • Medline Industries, Inc.
  • Briggs Healthcare
  • Vectura Group Plc

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Security Printing Market Size Is Projected To Reach USD 4.04 Billion By 2028: Grand View Research Inc.

San Francisco, 28 Oct 2021: The Report Security Printing Market Size, Share & Trends Analysis Report By Printing Type (Screen Printing, Letterpress Printing, Digital Printing, Lithographic Printing, Intaglio Printing), By Application, By Region, And Segment Forecasts, 2021 – 2028

The global security printing market size is estimated to reach USD 4.04 billion by 2028, according to the new report by Grand View Research, Inc. The market is expected to witness a CAGR of 3.9% from 2021 to 2028. Security printing deals with the printing of items such as passports, banknotes, product authentication, stock certificates, tamper-evident labels, postage stamps, cheques, and identity cards.

Security printing is widely used to prevent tampering, forgery, and counterfeiting. Different types of security printing techniques are used for different applications. The market is estimated to witness growth over the forecast period owing to rising incidences of counterfeiting and forgery practices. Counterfeiting practices are mainly rampant in banknotes, postage stamps, passports, stock certificates, identity cards, and product authentication. Security printing helps in the prevention of forgery and tampering of the aforementioned instruments.

The key end market verticals in security printing include Financial Services, Banking, Insurance, personal ID industry, ticketing industry driving license industry, passport industry, and birth certificate issuing. Several methods used in security printing involve holograms, Ultra Violet (UV) printing intaglio printing, micro printing, geometric lathe work, magnetic inks, anti-copying marks, guilloches, color-shifting ink, and rainbow printing.

Security printing can help prevent counterfeiters and reduce fraudulent instances. For instance, in the case of currencies and bank checks, micro printing plays an important role to avoid counterfeiting practices. Additionally, serial numbers enable easier identification of legitimate documents for auditing and tracking. The serial numbers are also used in detecting counterfeits by tracking a check digit. Magnetic ink character recognition technology considerably helps in the reduction of errors in the computerized or automated reading of documents and currencies.

The increasing need for brand protection is expected to support market growth. This can be attributed to the companies indulging in huge losses and reputation dilution due to the copying of the brand names by the product pirates. Increased emphasis on brand protection is expected to be conducive for market growth. Recently many of the techniques used to protect high-value documents have become available to commercial printers, with the use of traditional offset, digital platforms, presses, or flexographic.

Security paper and polymer materials are often used as substrates to perform security printing. Several methods used in security printing include magnetic inks, intaglio printing, holograms, micro printing, anti-copying marks, geometric lathe work, guilloches, rainbow printing, fine-line printing prismatic coloration, color-shifting ink, and Ultra Violet (UV) printing.

The market finds major applications in the banking and tourism sectors. The tourism sectors were drastically impacted by the Covid-19 pandemic. Restrictions on domestic and international travel have considerably affected the tourism sector. The shut-down of manufacturing units caused a delay in the production of security printer parts and accessories, leading to a decline in the sales of security printers.

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Security Printing Market Report Highlights

  • Increasing awareness of various fraudulent activities among customers is expected to create new opportunities for the market growth
  • The critical factors driving the market growth are increasing technological advancements and the adoption of currency printing for better regulation and governance
  • Companies are heavily investing in the research and development of efficient technological solutions to secure financial documents and currency
  • The lithographic printing segment dominated the market in 2020 and is expected to expand its market share to more than 30% by 2028
  • The legal and government documents application segment held the largest market share in 2020 owing to increasing printing, reprinting, and circulation of banknotes and the growing tourism industry resulting in the rising implementation of security printing
  • North America is expected to witness considerable growth over the forecast period on account of the growing awareness about document security and high instances of forgery and counterfeiting
  • The prominent players in the industry include Agfa-Gevaert Group; DSS; Printegra, An Ennis Company; TROY Group, Inc.; and Wellspring Software, Inc. Key players are focusing on research and development, which, in turn, would help increase their market presence

 List of Key Players in the Security Printing Market

  • Agfa-Gevaert Group
  • Amgraf, Inc.
  • DSS
  • Graphic Dimensions Inc.
  • GRAPHIC SECURITY SYSTEMS CORPORATION (GSSC)
  • Plus Technologies LLC
  • Printegra, An Ennis Company
  • The Flesh Company
  • TROY Group, Inc.
  • Wellspring Software, Inc.
  • Рrintech

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APAC Master Data Management Market For Financial Services Expanding At A CAGR 13.4% For The Forecast Period From 2021 To 2028: Grand View Research Inc.

San Francisco, 28 Oct 2021: The Report APAC Master Data Management Market For Financial Services Size, Share & Trends Analysis Report By Country (China, Japan, Australia, New Zealand, Singapore, South East Asia), And Segment Forecasts, 2021 – 2028

The APAC master data management market for financial services is expected to reach USD 3.49 billion by 2028, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 13.4% from 2021 to 2028. The rising need for regulatory compliance in the banking and financial industry is the major driving factor of the overall market growth. The industry emphasizes regulatory compliance to enforce accountability and transparency in the financial system while ensuring consumer protection. Master data management (MDM) solutions provide financial institutes with a view of all the user data to ensure that customers follow government-imposed regulations such as Basel II/III, F OFAC, ATCA, HMDA, Dodd-Frank, and AML and facilitate data linking for easy access.

Enterprises are increasingly engaged in forming technology-based strategic advancements to provide private and public clients with financial service-focused solutions. Moreover, the rapidly changing regulatory requirements are generating a demand for master data management technologies that assimilate and understand the relations between entities. Continued technological partnerships and integrations have led to the advent of advanced customer platforms. In addition, the adoption of cloud solutions has proven beneficial for MDM solution providers and end-users.

With the increasing data management and maintenance solutions in banking and financial institutes, the demand for master data management solutions and services is growing as an optimal solution for maintaining, storing, structuring, & analyzing data. However, the increasing concern around data security among customers is hindering market growth. Financial firms operate in data-driven business environments, which can lead to risks such as phishing attacks, cyberattacks, and advanced data breaches. The exposure of customer data to disparate systems makes it prone to many security threats. On the other hand, inaccessible data systems, where the dispersed data and threat of security breaches are high, also restrain the adoption of MDM among several businesses.

Many customers refrain from using master data management solutions due to misconceptions around losing their vital reference data and master data if errors occur during upgrades or compilation. Besides, customers also fear losing the authenticity of their data. Despite assurances and provision of data security solutions by financial institutions, many customers still remain hesitant. These factors are hampering the adoption of master data management solutions.

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APAC Master Data Management Market For Financial Services Report Highlights

  • The APAC master data management market was valued at USD 1.20 billion in 2020 and is expected to expand at a CAGR of 13.4% from 2021 to 2028
  • China held the largest share in the market in 2020. The increasing need for risk management and growing number of startups in the region are anticipated to drive the market growth
  • Australian MDM market for financial services is expected to register a CAGR of 13.8% over the forecast period

List of Key Players of APAC Master Data Management Market For Financial Services

  • GoldenSource
  • Eagle Investment Systems LLC
  • PolarLake
  • Asset Control International BV (Alve)

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Infectious Disease Molecular Diagnostics Market Expected To Witness A Substantial Growth Of USD 40.8 Billion By 2028: Grand View Research Inc.

San Francisco, 28 Oct 2021: The Report Infectious Disease Molecular Diagnostics Market Size, Share & Trends Analysis Report By Product (Instruments, Reagents), By Technology (PCR, ISH, INAAT), By End-use, By Application, By Region, And Segment Forecasts, 2021 – 2028

The global infectious disease molecular diagnostics market size is expected to reach USD 40.8 billion by 2028, according to a new report by Grand View Research, Inc. The market is estimated to expand at a CAGR of 3.0% from 2020 to 2028. The market is driven by the introduction of technologically advanced products and an increase in demand for molecular diagnostics in PoC settings.

Rapid technological advancements with portability, accurate results, and cost-effectiveness are anticipated to serve as crucial drivers of the market for infectious disease molecular diagnostics. Companies are upgrading their products by implementing new techniques to gain specific and accurate results. Key players are updating their product portfolio for PCR instruments with increased R&D initiatives for developing novel kits to target emerging diseases or by entering into agreements with other kit manufacturing companies.

Technologies such as INAAT, mass spectroscopy, and ISH are advanced and have a low false-positive rate as compared to other traditional diagnostic tests. Advantages such as the cost-effectiveness and user-friendliness of this technology and the accuracy offered are estimated to increase the adoption of this technology.

The use of molecular diagnostics in research institutes is increasing. The use of techniques such as PCR, western blotting, and southern blotting is becoming common. Moreover, the spread of SARS-CoV-2 infection globally has led to an increase in research funding by governments as well as diagnostic companies to search for innovative molecular diagnostics.

Molecular diagnostics deliver effective and accurate results. Moreover, these tests enable the early detection of diseases, maintaining a low threat of substitutes. However, the high prices of these tests are expected to encourage patients to shift to external substitutes. Moreover, for the detection of newer infections such as SARS-CoV-2, the rate of internal substitution is high, which boosts competitive rivalry.

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Infectious Disease Molecular Diagnostics Market Report Highlights

  • The reagent segment is expected to exhibit the fastest growth rate attributable to increased adoption
  • The growing geriatric population in Asian countries, such as Japan and China, with high untapped opportunities is expected to drive the market for infectious disease molecular diagnostics in the region during the forecast period
  • The In Situ Hybridization (ISH) segment is anticipated to witness the fastest growth rate owing to high sensitivity and lower complexity
  • The high growth rate of the market for infectious disease molecular diagnostics in the Asia Pacific can be attributed to increased access to healthcare in the developing nations

List of Key Players of Infectious Disease Molecular Diagnostics Market

  • Abbott
  • Becton, Dickinson and Company
  • bioMérieux SA
  • Bio-Rad Laboratories, Inc.
  • Agilent Technologies, Inc.
  • Danaher Corporation
  • Hologic, Inc. (Gen-Probe)
  • Illumina, Inc.
  • Grifols S.A.
  • Qiagen
  • Hoffmann-La Roche Ltd
  • Siemens Healthineers AG
  • Sysmex Corporation

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Canada Varicose Vein Treatment Devices Market Size Is Poised To Reach USD 77 Million By 2028  : Grand View Research Inc.

San Francisco, 28 Oct 2021: The Report Canada Varicose Vein Treatment Devices Market Size, Share & Trends Analysis Report By Type (Endovenous Ablation, Sclerotherapy), By End Use (Ambulatory Care Unit, Hospitals, Vein Clinics), By Region, And Segment Forecasts, 2021 – 2028

The Canada varicose vein treatment devices market size is expected to reach USD 77 million by 2028, registering a CAGR of 6.6% over the forecast period, according to a new report by Grand View Research, Inc. High prevalence of varicose veins due to risk factors, such as pregnancy, sedentary lifestyle, obesity, and physical activities like standing for longer durations is expected to drive the market growth.

Hypertension is one of the main risk factors for varicose veins. In Canada, conditions like hypertension are rising, with 22% of adults having hypertension issues. Furthermore, the aging population is increasing significantly in Canada. With a rise in the geriatric population, cases of varicose veins are anticipated to increase as they are at a higher risk. Overall, 26% of adults in Canada have varicose veins as per the Canadian Society of Vascular Surgery, signifying high disease prevalence, thereby favoring the market growth.

However, the COVID-19 pandemic has negatively impacted the market as all non-urgent elective procedures, including varicose veins treatment surgeries, was postponed. Manufacturers operating in the market witnessed a decline in their revenues. The public healthcare system of Canada emphasizes more on conservative management of varicose veins rather than surgical procedures.

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Canada Varicose Vein Treatment Devices Market Report Highlights

  • Canada has been witnessing a surge in the number of varicose veins cases in recent years
  • According to the Canadian Society of Vascular Surgery, around 50% of people with varicose veins are aged 50 years and above
  • Overall, 3.7 million people in Canada suffer from varicose veins and women are at a higher risk than men
  • The sclerotherapy type segment accounted for the largest market share in 2020
  • The growth is credited to the high adoption of this treatment due to the advantages, such as no need for anesthesia, no scarring, simple follow-up treatments, and no need for hospital admission
  • The endovenous ablation segment is anticipated to witness the fastest CAGR over the forecast period as this treatment is preferred over conventional procedures, such as surgical stripping and ligation
  • The hospitals end-use segment held a major share of the market in 2020 owing to the well-established healthcare infrastructure in Canada
  • Product development, supply agreements with hospitals & clinics, and acquisitions are some of the strategic initiatives being undertaken by key market players to gain a higher market share

List of Key Players of Canada Varicose Vein Treatment Devices Market

  • Angiodynamics
  • Medtronic
  • Teleflex, Inc.
  • Sciton, Inc.
  • Biolitec AG
  • Dornier Medtech
  • Merit Medical Systems
  • Alma Lasers
  • Boston Scientific Corp.

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Surgical Clips Market Size Worth $ 2.3 Billion By 2028: Grand View Research Inc.

San Francisco, 27 Oct 2021: The Report Surgical Clips Market Size, Share & Trends Analysis Report By Type (Ligating, Aneurysm), By Material (Titanium, Polymer), By Surgery Type, By End User, By Region, And Segment Forecasts, 2021 – 2028

The global surgical clips market size is expected to reach USD 2.3 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 26.7% from 2021 to 2028. An increasing number of surgical procedures, the growing geriatric population, ease of operations, cost efficiency, and rising adoption of minimally invasive surgeries are the factors expected to contribute to the market growth. The presence of a large number of players at the global and local levels and their growth strategies to enhance product portfolios are likely to boost the market growth.

The adoption of surgical clips not only in laparoscopic procedures but also in open surgeries is expected to boost their demand in the upcoming years. Minimized incision size during surgeries and improved recovery time are the leading factors fueling the adoption of these devices among surgeons. The rise in robotic surgery procedures due to their high precision and surgical accuracy is also anticipated to play an important role in the market growth.

The market witnessed a slight decline during the COVID-19 pandemic due to canceling elective procedures. With the surgical procedures resuming in most of the regions with strict guidelines and an increasing number of vaccinated people, the market is likely to stabilize under strict guidelines by early 2022.

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Surgical Clips Market Report Highlights

  • By material, the titanium segment accounted for the largest revenue share in 2020 due to its tensile strength, no deterioration property, inexpensiveness, and compatibility with imaging modalities
  • Based on surgery type, the general surgery segment held the largest share in 2020
  • In terms of end user, hospitals grabbed the largest share in 2020 owing to the rise in the number of cases and preventive surgeries performed in this end-user setting
  • Asia Pacific held the largest share in 2020 due to the rising adoption of surgical clips over traditional ligation techniques and the increased geriatric population

List of Key Players of Surgical Clips Market

  • Ackermann Medical GmbH & Co.
  • Braun Melsungen AG
  • Boston Scientific Corporation
  • Edwards Lifesciences Corporation
  • Grena Ltd.
  • Johnson & Johnson (Ethicon)
  • Scanlan International, Inc.
  • Teleflex Incorporated
  • MERIL LIFESCIENCES Pvt. Ltd.
  • Anrei and Sinolinks

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Australia Facial Injectables Market Expanding At A CAGR 26.3% For The Forecast Period From 2021 To 2028: Grand View Research Inc.

San Francisco, 27 Oct 2021: The Report Australia Facial Injectables Market Size, Share & Trends Analysis Report By Product (Collagen, Hyaluronic Acid, Botulinum Toxin Type A, Calcium Hydroxylapatite, Polymer Fillers), By Application, And Segment Forecasts, 2021 – 2028

The Australia facial injectables market size is expected to reach USD 15.0 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 26.3% from 2021 to 2028. Augmented products such as botulinum toxin type A and Hyaluronic Acid (HA) fillers are used in combination to improve outcomes in the lower region of the face. HA fillers are mostly preferred by physicians due to lower hypersensitivity reactions, lower biodegradation, and higher viscosity; they also support the longevity of the restored volume after filler injection.

Body image is a major personal concern among the youth in the country. According to Mission Australia’s Youth Survey Report 2018, nearly 30.4% of participants were concerned about body image, with around 13.6% reporting to be extremely concerned, while approximately 16.8% of them were very concerned about their body image. The survey also revealed that women (~41.5%) were more concerned about body image as compared to men (~15.4%). Moreover, according to a 2017 study published in Psychiatry Research, nearly 3% of male teenagers in the country were reported to have symptoms of body dysmorphism. Thus, a large number of young people expressing concern about body image and physical appearance is anticipated to boost the demand for cosmetic procedures, thereby driving the market growth.

Social media as well as other traditional media and advertising platforms are also anticipated to have a significant impact on beauty standards and body image. For instance, the 2016 HuffPost Australia article stated that approximately 77% of women in Australia believed that media and advertising establish an unrealistic beauty standard, which is difficult to achieve. Persistent influence of media’s portrayal of a particular standard of beauty for young women is anticipated to trigger a desire for cosmetic procedures to achieve perceived beauty standards, thereby facilitating the market growth.

Access Research Report of Australia Facial Injectables Market https://www.grandviewresearch.com/industry-analysis/australia-facial-injectables-market-report

Australia Facial Injectables Market Report Highlights

  • The hyaluronic acid segment emerged as the largest segment in 2020. This is attributed to increasing demand as a dermal filler or in cosmetic preparations due to strong water retention properties
  • The botulinum toxin type A segment is anticipated to witness comparatively higher growth during the forecast period. This can be attributed to rise in applications of BoNTA in cosmetic (aesthetic) procedures
  • The aesthetics segment dominated the market and accounted for the largest revenue share in 2020

List of Key Players of Australia Facial Injectables Market

  • SILK Laser Clinics
  • Advanced Clinics Australia
  • Results Laser Clinic
  • Australian Skin Clinics
  • Laser Clinics Australia

Access Press Release of Australia Facial Injectables Market @ https://www.grandviewresearch.com/press-release/australia-facial-injectables-market-analysis

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