Leisure Boat Market Size Is Expected To Reach USD 57.92 Billion By 2028: Grand View Research Inc.

San Francisco, 14 Dec 2021: The Report Leisure Boat Market Size, Share & Trends Analysis Report By Type (New Leisure Boat, Used Leisure Boat, Monitoring Equipment), By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa), And Segment Forecasts, 2021 – 2028

The global leisure boat market size is expected to reach USD 57.92 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.5% from 2021 to 2028. The increasing popularity of marine and coastal tourism, coupled with the growing inclination toward yachting as a recreational activity, is a primary factor driving the market. Although the ongoing Covid-19 pandemic has proved to be a major hindrance for the market, the gradual re-opening of the economies and eased restrictions are paving the way to bring the market back on track. Besides, the growing urge among masses to involve in leisure activities in the post-lockdown period further presents bright opportunities for the market over the forecast period.

The tourism industry has changed drastically over the last few years with the increasing popularity of marine and coastal tourism activities. The world economy is witnessing healthy growth and markets, such as the U.S., are witnessing growth in the per-capita income of the individuals, which, in turn, has resulted in a rise in the disposable income of consumers. A rise in the number of High-Net-Worth Individuals (HNWIs) is expected to drive consumers to spend more on leisure activities, thus boosting demand for recreational boats.

The increasing number of boat shows and water sporting events are attracting a large number of boaters worldwide. The leading manufacturers are sponsoring boat shows and events, which, in turn, is enhancing the popularity of leisure boats. North America is poised to remain the most prominent region in terms of revenue generation during the forecast period. The rising demand for recreational watercraft is driven by factors such as improving economic conditions and the rising disposable income of consumers in the region. The U.S. is anticipated to witness significant growth over the forecast period. Demand in the country is majorly driven by factors such as the increasing number of high-net-worth individuals and the growing popularity of water sports and fishing activities.

Furthermore, there are changes taking place in boat building, such as the adoption of IoT technology that enables appliances, physical structures, vehicles, smartphones, wearable devices, and heavy equipment to be connected, while facilitating an exchange of information through a single network. The connected boat provides enhanced safety, security, and accuracy, while also improving the efficiency of the boat by digitalizing and optimizing various functions.

Measures taken by various governments to promote tourism activities in their countries are also boosting the market growth. Countries with rich natural resources, such as vast coastlines and large inland water bodies, are undertaking initiatives to promote recreational boating activities to increase their tourism business. Countries such as the U.S. have a vast coastline, a highly developed infrastructure, and a large population that participates in leisure boating activities, thus opening new growth opportunities for the market. Additionally, the French government is encouraging yacht manufacturers by providing them support in various forms, thus enabling them to invest in expanding their yacht maintenance and construction capacities.

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Leisure Boat Market Report Highlights    

• Leisure boats are projected to witness a strong growth in demand owing to the initiatives taken by the governments worldwide for the development of coastal and marine tourism and the rising disposable income of citizens in emerging economies
• Sports yachts are expected to witness greater demand in developed countries owing to the active participation of people in marine sporting events as well as recreational boating activities
• Boat manufacturers are increasingly organizing boat shows worldwide to attract a greater number of potential buyers, and thereby expand their customer base
• By type, the used leisure boat segment held the largest revenue share of over 76.0% in 2020 owing to the prompt and easy availability and relatively lower cost
• North America held the largest revenue share of more than 45.5% in 2020 owing to the greater demand for recreational activities across the region, especially in the U.S.
• Key players in the market include Avon Marine; Azimut Benetti Group; Baja Marine; Bavaria Yachtbau GmbH; Bombardier Recreational Products (BRP) Inc.; Brunswick Corporation; Ferretti S.P.A.; and Fountain Powerboats, Inc.

List of Key Players in the Leisure Boat Market

• Avon Marine
• Azimut Benetti Group
• Baja Marine
• Bavaria Yachtbau GmbH
• Bombardier Recreational Products (BRP) Inc.
• Brunswick Corporation
• Chaparral Boats, Inc.
• Farr Yacht Design, Ltd.
• Ferretti S.P.A.
• Fountain Powerboats, Inc.

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Automotive Natural Gas Vehicle Market Expected To Witness A Substantial Growth To Reach 38,856.33 Thousand Units By 2028: Grand View Research Inc.

San Francisco, 14 Dec 2021: The Report Automotive Natural Gas Vehicle Market Size, Share & Trends Analysis Report By Fuel Type (CNG, LNG), By Vehicle Type (Passenger, Light-duty & Heavy-duty Buses & Trucks), By Region, And Segment Forecasts, 2021 – 2028

The global automotive natural gas vehicle market demand is expected to reach 38,856.33 thousand units by 2028, according to a new report by Grand View Research, Inc. The market is anticipated to register a CAGR of 3.3% from 2021 to 2028. The growing adoption of natural gas as an alternative fuel in vehicles, especially in the transportation sector worldwide, is creating the demand for automotive natural gas vehicles (NGVs). The low emission properties of NGVs facilitated by clean fuel characteristics are expected to drive their demand in public transportation, therefore boosting the market growth. The need for cleaner fuels at lower costs is also expected to drive market growth.

Moreover, government support for the adoption of these vehicles will augment the demand. The government authorities in various countries are implementing stringent regulations to curb environmental damages arising from the emission of Particulate Matter (PM) and Greenhouse Gases (GHG) from vehicles. Simultaneously, with these regulations, authorities have also been continuously revising the emission standard policies to help protect the environment.

Government agencies across the globe are rolling out incentive programs to promote the adoption of NGVs owing to the high initial cost associated with the procurement of CNG and LNG vehicles. Some of the incentive programs to promote the adoption of these vehicles include the U.S. Congestion Mitigation and Air Quality Improvement Program (CMAQ), U.S. Environmental Protection Agency’s (EPA) Diesel Emissions Reduction Act Program (DERA), and California Energy Commission’s Clean Transportation Program.

The governments in various countries are undertaking initiatives to develop and expand the natural gas distribution infrastructure and invest significantly in improving natural gas technology. The network of CNG and LNG refueling stations is expanding in various countries, boosting the adoption of NGVs. For instance, the Indian Ministry of Petroleum and Natural Gas announced the construction of 1000 LNG fueling stations on the major national highways across the country. The fueling stations will be commissioned by state-controlled companies, including Hindustan Petroleum (HPCL), IOC, and Bharat Petroleum (BPCL), and gas suppliers such as Gas Authority of India Ltd. (GAIL), Gujrat Gas, and Petronet LNG.

Asia Pacific held the largest share of the overall market in 2020 owing to the increased adoption of natural gas, such as CNG and LNG, in passenger cars, trucks, buses, and three-wheelers in countries, such as India, China, Thailand, Pakistan, and Bangladesh. The region has also emerged as a hub for automotive production in recent years.

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Automotive Natural Gas Vehicle Market Report Highlights

• Stringent regulations laid down by governments of various nations to reduce the emissions of GHG and PM are expected to positively influence the market growth over the forecast period
• Refueling solutions, such as home refueling and time-fill refueling, prove to be economical, along with providing convenience to customers
• The CNG segment dominated the market in 2020 and is anticipated to reach a demand of 36,758.09 thousand units by 2028, owing to less noise produced from a CNG engine due to the lower level of the sound pressure
• Asia Pacific held the largest market share in 2020. This growth is attributed to the increased production and sales of passenger cars in the region

List of Key Players of Automotive Natural Gas Vehicle (NGV) Market

• Agility Fuel Solutions
• AB Volvo
• Beiqi Foton Motor Co., Ltd.
• CNH Industrial N.V.
• Clean Energy Fuels
• Cummins, Inc.
• PACCAR, Inc.
• Navistar, Inc.
• Quantum Fuel Systems LLC
• Westport Fuel Systems Inc.

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Automotive Aftermarket Size Is Estimated To Reach USD 529.25 Billion By 2028: Grand View Research Inc.

San Francisco, 14 Dec 2021: The Report Automotive Aftermarket Size, Share & Trends Analysis Report By Replacement Parts (Tire, Battery, Brake parts, Filters), By Distribution Channel, By Service Channel, By Certification, And Segment Forecasts, 2021 – 2028

The global automotive aftermarket is expected to reach USD 529.25 billion by 2028, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 3.8% from 2021 to 2028. Digitalization of automotive repair & component sales complemented by advanced technology incorporations in the automobile aftermarket component manufacturing is expected to boost the market growth. The surging reception of semi-autonomous, electric vehicles, and hybrid and autonomous cars in the years to come is further expected to bolster the demand for new components.

Furthermore, the increasing vehicle penetration is driven by the overall improvement of lifestyle in developing countries, such as India and Brazil, and is expected to drive the growth of the automobile industry in these regions. Similar surges in the automotive manufacturing sector across various regions along with the increasingly stringent emissions norms are expected to drive the growth of the aftermarket component sales over the forecast period. Third-party services and technology offer new and profitable revenue streams, to leverage all these opportunities. Also, the industry requires investment in product development, supply chain, organizational design, and pricing model to create a great surge in demand.

To support the initiatives for leveraging the market foothold, the manufacturers in developing countries are adopting various strategies, including mergers, acquisitions, and partnerships. Asia Pacific is expected to be the fastest-growing region over the forecast period, owing to its developing living standards and high vehicle production. It is also anticipated to be the fastest-growing market in automobile production. With the growing penetration and acceptance of gas and hybrid electric cars, specialized repair centers dedicated to the repair of particular vehicles are expected to increase. The global aftermarket is expected to witness tremendous growth due to an upsurge in the number of vehicle collisions along with the inclination of owners toward the repair of their automobiles.

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Automotive Aftermarket Report Highlights

• The market is estimated to grow significantly over the forecast period, owing to an increase in the number of lightweight vehicles coupled with the increasing age of the light vehicle fleet
• While technological advancement erupted the challenges and disruption for the manufacturing industry, it has also brought opportunities and real growth
• Innovative business models and solutions provided by the manufacturers and growing investment 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 the other geographies
• The global aftermarket is anticipated to witness a phase change attributable to the growing proportion of specialized automotive collision repair centers that are dedicated to serving specific vehicles such as alternate fuel-powered vehicles

List of Key Players in the Automotive Aftermarket

• 3M Company
• Continental AG
• Cooper Tire & Rubber Company
• Delphi Automotive PLC
• Denso Corporation
• Federal-Mogul Corporation
• HELLA KGaA Hueck & Co.
• Robert Bosch GmbH
• Valeo Group
• ZF Friedrichshafen AG

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Advanced Wound Care Market Size Is Poised To Reach USD 9.8 Billion By 2028: Grand View Research Inc.

San Francisco, 14 Dec 2021: The Report Advanced Wound Care Market Size, Share & Trends Analysis Report By Product (Moist, Antimicrobial, Active), By Application, By End-use (Hospitals, Specialty Clinics, Home Healthcare), By Region, And Segment Forecasts, 2021 – 2028

The global advanced wound care market size is anticipated to reach USD 9.8 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.3% from 2021 to 2028. The rising number of surgeries and an increasing number of Ambulatory Surgical Centers (ASCs) are anticipated to drive the market.

The rising number of road accidents is one of the major factors for the increase in demand for advanced wound care products. Moist dressings such as foam, hydrocolloid, film, and collagen dressings are used for injuries from a road crash. These advanced dressings keep the damaged area hydrated and allow rapid healing. Moreover, the patient who has suffered from severe road rash injuries such as 2nd and 3rd-degree burn cases, are treated using skin-substitutes and biomaterials.

According to the WHO, around 1.4 million people die every year in road accidents. In addition, road traffic accidents cost approximately 3.0% of GDP to most of the countries. The factors responsible for road accidents are alcohol, psychoactive substance influence, non-use of helmets, speeding, distracted driving, inadequate law enforcement, and inadequate post-crash care. As per the WHO, 9.3% of road accidents occur in low and middle-income countries due to the before mentioned factors.

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Advanced Wound Care Market Report Highlights

• On the basis of product, the moist segment dominated the market in 2020 and accounted for the largest revenue share of 59.2% as they are mostly used in providing first-aid to the patients
• Based on application, the chronic wound care segment is expected to witness the highest CAGR of 5.4% during the forecast period owing to the increase in the prevalence of diabetes among all age groups
• Based on end-use, the home healthcare segment is expected to witness the highest CAGR of 6.0% during the forecast period due to the increasing demand for the reduced hospital stay and rising geriatric population
• North America dominated the market and accounted for the highest revenue share of 45.2% in 2020 owing to the high incidence rate of chronic disorders as well as the availability of well-developed infrastructure

List of Key Players of Advanced Wound Care Market

• Smith & Nephew PLC
• Molnlycke Health Care AB
• Acelity
• ConvaTec Group PLC
• Baxter
• Coloplast Corporation
• Medtronic
• 3M
• Derma Sciences Inc. (Integra LifeSciences)
• Medline Industries, Inc.

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Sterilization Equipment Market Projected To Exhibit Robust CAGR of 10.3% For The Forecast Period From 2021 To 2028: Grand View Research Inc.

San Francisco, 10 Dec 2021: The Report Sterilization Equipment Market Size, Share & Trends Analysis Report By Product (Heat Sterilizers, Low-temperature Sterilizers, Sterile Membrane Filters, Radiation Sterilization Devices), By Region, And Segment Forecasts, 2021 – 2028

The global sterilization equipment market size is expected to reach USD 12.60 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 10.3% from 2021 to 2028. The rising incidence of hospital-acquired infections (HAIs), the impact of the COVID-19 outbreak, and the increasing number of surgical procedures are the key factors driving the market.

The recent outbreak of COVID-19 is anticipated to significantly impact the hospital gowns market. The pandemic, caused by the virus SARS-CoV-2, has drastically increased the demand for medicines, emergency supplies, and hospital equipment, including gowns, antiseptics, and disinfectant products. COVID-19 is a zoonotic virus and bats were considered to be the key reservoir of the virus. The intermediate host has not been identified yet and the transmission has mainly taken place through fomites and droplets during close unprotected contact between infector and infected. Till now airborne transmission of the virus has not been reported. In December 2019, the first patient was reported in China and since then the disease has spread at a rapid pace. The first case was reported in Wuhan and it has been established that the infection was acquired from a zoonotic source. Thereafter, human-to-human transmission of the virus largely took place in families within Wuhan. From Wuhan, it gradually spread to adjoining locations, such as Hubei, Huanggang, Xiaogan, Ezhou, and Jingzhou.

The COVID-19 outbreak and increasing hospital admissions across the globe have significantly increased the demand for sterilization equipment. Consequently, the use of sterilization equipment has also increased due to the increasing number of patients in hospitals and clinics. Proper and regular sterilization of medical devices is one of the essential requirements for treating patients suffering from COVID-19. In such cases, demand for sterilization equipment is anticipated to increase, which, in turn, is expected to propel the market growth. Therefore, the outbreak of COVID-19 has significantly impacted the market and can be a high-impact rendering driver for this market.

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Sterilization Equipment Market Report Highlights

• By product, the low-temperature sterilizers segment held the largest share in 2020. It is a widely-accepted technique in healthcare facilities for equipment and devices that can tolerate both heat and moisture
• Asia Pacific is anticipated to witness the fastest growth over the forecast period owing to the rising number of surgeries and the presence of many local players. Moreover, the rising number of cases of COVID-19 in this region is expected to boost the market growth
• North America dominated the market in 2020 owing to the favorable reimbursement policies in the region

List of Key Players of Sterilization Equipment Market

• STERIS PLC.
• Sterigenics U.S., LLC
• Cantel Medical
• E-BEAM Services, Inc.
• Fortive

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Nucleic Acid Isolation And Purification Market Expanding At A CAGR 11.4% For The Forecast Period From 2021 To 2028: Grand View Research Inc.

San Francisco, 9 Dec 2021: The Report Nucleic Acid Isolation And Purification Market Size, Share & Trends Analysis Report By Product (Instruments, Kits & Reagents), By Type, By Application, By Method (Column-based, Magnetic Beads), By End-use, By Region, And Segment Forecasts, 2021 – 2028

The global nucleic acid isolation and purification market size is anticipated to reach USD 9.8 billion by 2028, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 11.4% from 2021 to 2028. The growth can be primarily attributed to the technological advancements in molecular detection platforms. The technologies such as robotic liquid handling in automated DNA extraction systems, have improved the process flow. Such automation has streamlined all the tasks involved in various processes, such as DNA extraction from samples, serial dilution, and picking the desired gene of interest.

The outbreak of SARS-CoV-2 in late 2019 in China quickly translated into a global pandemic, which led to high demand for efficient and affordable diagnostic tests that could be carried out in non-clinical as well as clinical settings. This also led to high demand for nucleic acid extraction kits which in turn has led the key players to increase their manufacturing capabilities. For instance, in March 2020, QIAGEN announced the expansion of its production capacity in the U.S. and Europe to reach 20 million monthly patient tests by the end of 2020.

Moreover, rapid diagnosis, effective treatment options, and future prevention plans are essential in the management of COVID-19. The current race for the development of cost-effective, point-of-contact test kits and efficient laboratory methodologies for the detection of coronavirus infection has driven a new frontier of diagnostic innovation. The increase in adoption of PCR for SARS-CoV-2 detection by a wide range of commercial laboratories drives the market, as nucleic acid isolation and purification is an important step in the PCR workflow. 

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Nucleic Acid Isolation And Purification Market Report Highlights

• The kits and reagents segment accounted for the largest revenue share in 2020 owing to the rising number of research studies focused on understanding rare and common genome-based diseases  
• The RNA isolation and purification segment holds the largest revenue share in 2020 due to its increasing use for the analysis of COVID samples
• The DNA isolation and purification segment is expected to witness the fastest growth rate owing to its use in a variety of molecular biology applications
• The magnetic beads segment accounted for the largest revenue share in 2020 and is expected to continue the trend owing to the advantage of obtaining the purest possible form of DNA/RNA and excluding other unwanted materials from the sample mixture
• The diagnostics segment dominated the market and accounted for the largest revenue share in 2020 owing to the high adoption of NAI and P products for detecting and characterizing microorganisms 
• The pharmaceutical and biotechnology companies are expected to witness the fastest growth owing to their increasing research and development activities for drug development 
• North America has emerged as the highest revenue-generating region due to intensive research projects in the region for cancer detection and other chronic disorders
• Companies operating in the market are launching new and automated systems for nucleic acid isolation and purification. For instance, in March 2021, QIAGEN N.V. launched an automated sample processing system the QIAcube Connect MDx for molecular diagnostic laboratories
• The system helps in the automation of several steps such as lysis, binding, washing, and elution for RNA, DNA, and protein sample processing

List of Key Players of Nucleic Acid Isolation And Purification Market

• QIAGEN
• Thermo Fisher Scientific, Inc.
• Illumina, Inc.  
• Danaher
• Hoffmann-La Roche AG
• Merck KGaA
• Agilent Technologies
• Bio-Rad Laboratories, Inc.
• Takara Bio, Inc.
• Promega Corporation
• New England Biolabs
• LGC Limited
• Abcam plc
• Norgen Biotek Corp
• AutoGen, Inc.
• Biogenuix
• PCR Biosystems, Inc.
• MagGenome
• Apical Scientific Sdn. Bhd
• MACHEREY-NAGEL GmbH & Co. KG

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Brachytherapy Market Size Is Expected To Reach USD 1.4 Billion By 2028: Grand View Research Inc.

San Francisco, 9 Dec 2021: The Report Brachytherapy Market Size, Share & Trends Analysis Report By Product (Seeds, Applicators & Afterloaders, Electronic Brachytherapy), By Dosage Type, By Application (Prostate, Gynecological & Breast Cancer), And Segment Forecasts, 2021 – 2028

The global brachytherapy market size is expected to reach USD 1.4 billion by 2028, according to a new study by Grand View Research Inc. The market is expected to expand at a CAGR of 7.1% from 2021 to 2028. The growth of the market is largely attributable to the rising prevalence of cancer, technology advancements, and increasing investment in R&D by major players.

According to the International Agency for Research on Cancer, the global incidence of cancer is expected to rise to 24.6 million by 2030, from 19.3 million in 2020. This is expected to be a major factor driving the growth of the market. Additionally, technological advancements and favorable reimbursement scenarios, particularly in the developed countries, are expected to drive market growth.

However, the lack of access to technologically advanced systems particularly in developing nations, and the lack of skilled radiotherapy professionals are expected to restraint market growth. Around 70% of the cancer-related deaths occur in low-and-middle-income countries; however, only 3-4% of the radiotherapy needs of the population in these countries are met. This represents significant opportunities for investment for the key market players.

New product launch is one of the key strategies adopted by the leading companies. For instance, in July 2018, IsoRay received FDA clearance for GammaTile Therapy for the treatment of recurrent brain neoplasms. The launch of such technologically advanced products is further expected to propel growth.

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Brachytherapy Market Report Highlights

• The HDR segment held the largest revenue share in 2020. The various advantages of HDR internal radiation therapy such as short procedure time, protection from radiation exposure, and higher efficacy are key factors contributing to the dominance of this segment
• The electronic brachytherapy segment is expected to witness the fastest CAGR over the forecast period owing to advantages such as minimal exposure of treating staff to radiation, low dose radiation to organ at risk, and no radioactive waste
• Prostate cancer accounted for the largest revenue share of more than 32.0% in 2020. The promising applications of internal radiation therapy in the treatment of prostate cancer is a major factor for the dominance of this segment
• In terms of revenue, North America accounted for the largest revenue share of 45.0% in 2020. According to IAEA’s Directory of Radiotherapy Centres (DIRAC), as of 2020, the U.S. alone has around 766 brachytherapy systems

List of Key Players of Brachytherapy Market

• Varian Medical Systems, Inc.
• Becton Dickinson & Company
• Elekta AB
• Isoray Medical, Inc.
• Eckert & Ziegler BEBIG
• iCAD, Inc.
• CIVCO Medical Solutions
• Theragenics Corporation

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Neurology Clinical Trials Market Size Is Poised To Reach USD 7.4 Billion By 2028: Grand View Research Inc.

San Francisco, 9 Dec 2021: The Report Neurology Clinical Trials Market Size, Share & Trends Analysis Report By Phase (Phase I, Phase II, Phase III, Phase IV), By Study Design (Interventional, Observational, Expanded Access), By Indication, By Region, And Segment Forecasts, 2021 – 2028

The global neurology clinical trials market size is expected to reach USD 7.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.5% from 2021 to 2028. This is largely attributed to big pharma companies conducting innovative trials in neurology, increased government funding from the National Institute of Neurological Disorders and Stroke (NINDS), and stringent regulatory requirements pertaining to clinical trials. 

Neuroscience continues to receive a healthy level of early investment. It received USD 1.5 billion in venture capital funding in 2018, second only to cancer, indicating that investors expect a large pharma acquisition to pay off in the near future. As the industry strives to move past the many late-stage clinical failures of recent years, early diagnosis of diseases is attracting investment and driving deal-making in the complex neuroscience sector, particularly for pain and Alzheimer’s disease.

In terms of deal volume, no other therapy area comes close to matching oncology, but neuroscience is among the nearest contenders. Despite a drop in total expected value in 2017, the number of neuroscience-related licensing deals has gradually climbed over the last decade. The vast majority of neuroscience agreements ~90%have a primary neurological focus, which corresponds to the level of R&D activity in the two disciplines.

Many experimental therapeutics require dosage by on-site administration and carefully scheduled outcome measure evaluations hence, the COVID-19 pandemic has significantly harmed the implementation of the precise procedures required to establish proof of safety and efficacy. The COVID-19 has resulted in the shutdown of the network of centers conducting stroke clinical trials. This was followed by a phased research restart plan that took local circumstances and regulatory oversight into account. This approach was successful in a reengaging research effort to some extent in all but one of the ongoing investigations within 55 days.

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Neurology Clinical Trials Market Report Highlights

• The phase II segment dominated the market and accounted for a maximum revenue share of 36.7% in 2020. Between 1999 and 2020, 8,205 CNS trials were conducted, with 609 trials being conducted in 2020
• The interventional segment held the largest market revenue share of 81.1% in 2020
• The Huntington’s disease segment is anticipated to register the fastest CAGR of 6.0% over the forecast period. This is largely due to the high prevalence of the disease around the world
• North America dominated the market and accounted for a revenue share of 45.8% in 2020. The rising prevalence of neurological disorders and the presence of a large number of players in clinical trials drive the market in the region

List of Key Players of Neurology Clinical Trials Market

• IQVIA
• Novartis
• Covance
• Medpace
• Charles River Laboratories
• Syneous Health
• Icon Plc
• GlaxoSmithKline
• Aurora healthcare
• Biogen

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Postpartum Products Market Expected To Witness A Substantial Growth Of USD 3.44 Billion By 2028: Grand View Research Inc.

San Francisco, 9 Dec 2021: The Report Postpartum Products Market Size, Share & Trends Analysis Report By Product (Breastfeeding Accessories, Perineal Cooling Pads), By Sales Channel (Hospital Pharmacy, E-commerce), By Region, 2021 – 2028

The global postpartum products market size is expected to reach USD 3.44 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.4% from 2021 to 2028. A rise in the pregnancy rate globally is expected to boost the demand for postpartum products. These products help to deal with the physical changes of pregnant women post-pregnancy. However, the economic crisis caused by COVID-19 in many countries across the globe has led to a considerable decline in birth rates. For instance, a survey of the National Academy of Sciences in Europe showed that 73.0% of those planning to have a child in 2020 decided to delay or abandoned their plans entirely. This is expected to impact the market growth in the long term.

The growing burden of problems during pregnancy, especially in developing countries, is likely to upsurge the adoption of postpartum products in such countries. As per the WHO, in 2017, approximately 810 women died every day from pregnancy and childbirth. In addition, the rising awareness among consumers regarding the use of safer and more effective post-partum solutions is anticipated to propel the market growth over the forecast period.

Moreover, the presence of various e-commerce sites offering postpartum products might drive the sales of the products through this sales channel over the forecast period. Motherhood Maternity, The Moms Co., Amazon, Walmart, Babylist, and Buy Buy Baby are some of the notable e-commerce sites that offer significant discounts and prompt customer service on various postpartum products owing to which people prefer to shop via the online sites.

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Postpartum Products Market Report Highlights

• On the basis of product, the breastfeeding accessories segment dominated the market with a revenue share of over 55.0% in 2020 owing to the growing awareness among new mothers regarding the benefits of postpartum products
• Based on sales channel, the hospital pharmacy (inpatient) segment dominated the market with a revenue share of over 35.0% in 2020 due to the easy availability of a wide range of postpartum products. Moreover, hospital pharmacists help consumers in seeking advice, which is an added advantage
• Asia Pacific dominated the market with a revenue share of over 40.0% in 2020. Rising awareness level, coupled with the presence of a large population in this region, is expected to boost the demand for postpartum products over the forecast period

List of Key Players of Postpartum Products Market

• Koninklijke Philips N.V.
• Medela LLC
• Newell Brands
• Ameda
• NUBY
• Mayborn Group Limited
• Edgewell Personal Care
• Handi-craft Company (Dr. Brown’s)
• Artsana S.P.A
• Medline

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Antimicrobial Additives Market Size Is Projected To Reach USD 4.7 Billion By 2028: Grand View Research Inc.

San Francisco, 6 Dec 2021: The Report Antimicrobial Additives Market Size, Share & Trends Analysis Report By Type (Organic, Inorganic), By Application (Plastics, Paints & Coatings), By End-use (Healthcare, Food & Beverage), By Region, And Segment Forecasts, 2021 – 2028

The global antimicrobial additives market size is expected to reach USD 4.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is projected to expand at a CAGR of 8.5% from 2021 to 2028. The demand is ascending at a prominent rate owing to increasing product consumption in medical devices & equipment and other end-use industries, such as packaging, food & beverage, healthcare, personal care, and electronic goods. They are majorly utilized to enhance the physical as well as chemical properties, increase shelf life & aesthetic value of materials, and minimize the risk of microbes, such as MRSA and legionella.

The product demand is expected to increase majorly in the healthcare and packaging application industries owing to the Covid-19 pandemic. The continuously rising demand for healthcare and packaging products due to increasing cases of Covid-19 will positively impact the market growth. Asia Pacific is expected to dominate the global market due to the presence of major healthcare product manufacturers in the region.

According to the U.S. Centers for Disease Control and Prevention (CDC), each year about 1 in 25 patients is diagnosed with at least one health-related infection. Medical devices, such as urinary catheters, vascular access devices, or enteral feeding tubes, are particularly susceptible to the colonization of bacteria, which can enter the bloodstream. Thus, medical device manufacturing companies are focusing on using antimicrobial additives for blending with medical device polymers as these additives are highly successful in preventing bacterial colonization on the surface of device components.

On the basis of type, the global market is segmented into organic and inorganic. Inorganic was the prominent segment and accounted for 52.0% of the global revenue share in 2020. The inorganic type segment is expected to witness significant growth due to the high demand for silver-, copper-, and zinc-based additives. Silver-based products are used as antimicrobial agents owing to their properties, such as non-toxicity, continual performance for a long duration, eco-friendly nature, and providing protection against microbial growth.

Access Research Report of Antimicrobial Additives Market @ https://www.grandviewresearch.com/industry-analysis/antimicrobial-additives-market

Antimicrobial Additives Market Report Highlights

• In terms of revenue, the inorganic type segment accounted for the highest share in 2020 and is expected to expand at the fastest CAGR over the forecast period
• The healthcare end-use segment dominated the global market and accounted for more than 25% of the overall revenue in 2020
• Asia Pacific accounted for the largest revenue share in 2020 and is estimated to register the fastest CAGR from 2021 to 2028
• The growth of the APAC regional market can be credited to the robust manufacturing base of the healthcare and textile industries across China, India, and Japan
• The industry is highly competitive and various strategic initiatives were recorded over the past few years to boost the market growth
• For instance, In November 2019, Sanitized AG partnered with Bodo Moller Chemie for the distribution of its “Sanitized” antimicrobial additives in the Eastern Europe market

List of Key Players of Antimicrobial Additives Market

• NanoBioMatters Industries S.L.
• BASF SE
• RTP Company
• Milliken Chemical
• BioCote Ltd.
• Microban International
• Clariant AG
• PolyOne Corp.
• Momentive Performance Materials, Inc.
• Life Materials Technologies Ltd.
• SteriTouch Ltd.
• Sanitized AG
• Dow, Inc.
• LyondellBasell Industries Holdings B.V.
• Plastics Color Corp.
• Lonza

Access Press Release of Antimicrobial Additives Market @ https://www.grandviewresearch.com/press-release/global-antimicrobial-additives-market