Skin Boosters Market Outlook On The Basis Of Type, Gender, End Use, Region And Forecast From 2022 to 2030: Grand View Research Inc.

San Francisco, 29 Apr 2022: The Report Skin Boosters Market Size, Share & Trends Analysis Report By Type (Mesotherapy, Micro-needle), By Gender (Female, Male), By End Use (Dermatology Clinics, MedSpa), By Region, And Segment Forecasts, 2022 – 2030

The global skin boosters market size is anticipated to reach USD 2.1 billion by 2030, according to the new report of Grand View Research, Inc. The market is expected to expand at a CAGR of 9.3% from 2022 to 2030. Skin Boosters is a procedure wherein microinjections of biocompatible compounds like hyaluronic acid, vitamins, minerals, anti-oxidants, etc. that are naturally produced by the body are injected into the epidermis or mesoderm. Skin boosters simply help aid in the hydration process, which is fundamental for a youthful glow.

Unlike dermal fillers, skin boosters are not for wrinkle reduction or augmentation, their role is to primarily hydrate the skin and promote the formation of new collagen and elastin to give the skin a firmer appearance. Factors like rising technological advancement in aesthetics, rising disposable income, increasing aesthetic consciousness, and the increasing geriatric population in the search for a natural glow are propelling the market growth. According to Galderma, over five million treatments of Restylane Skinboosters have been performed to date.

The demand for skin boosters is expected to propel significantly due to the fact that it provides a natural glow without distorting facial features or making them appear out of proportion. Growing social media influence, high consciousness towards aesthetic appearance, and its association with self-confidence and self-image by an individual are some of the reasons for market growth.

In the light of COVID-19, the market was hampered as the footfall of patient appointments for surgical treatments was temporarily suspended. However, since the government in many countries has allowed resuming elective aesthetic procedures the demand for skin boosters has been on the rise. Moreover, according to the BBC network, inquiries and appointments for many surgical and non-surgical cosmetic treatments have seen a surge following the pandemic and are thus expected to propel market growth.

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Skin Boosters Market Report Highlights

• By type, the mesotherapy procedure held the largest revenue share in 2021 as the procedure has minimal downtime and the booster can be inserted deeper for effective skin rejuvenation
• The female segment held the largest revenue share in 2021 as women are more willing to undergo cosmetic treatment
• The MedSpa segment held the largest revenue share in 2021. This is due to the fact that MedSpa provides aesthetic treatments under the supervision of a licensed medical practitioner
• North America dominated the market and accounted for the highest revenue share in 2021 as the region has a high awareness of such procedures and there is high availability of aesthetic professionals

List of Key Players of Skin Boosters Market

• Allergan Plc
• Gladerma
• Merz Aesthetics
• Bloomage Biotechnology
• Teoxanne
• Filorga
• Professional Derma SA
• IBSA – InstituteBiochemical SA (IBSA Derma)

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Agricultural Tractors Market Segment Analysis By Engine Power, Driveline Type, Region And Forecast Till 2030: : Grand View Research Inc.

San Francisco, 29 Apr 2022: The Report Agricultural Tractors Market Size, Share & Trends Analysis Report By Engine Power (Less Than 40 HP, 41 To 100 HP), By Driveline Type (2WD, 4WD), By Region (Asia Pacific, North America), And Segment Forecasts, 2022 – 2030

The global agricultural tractors market demand is expected to reach 4,968 thousand units by 2030, expanding at a CAGR of 6.8% during the forecast period, according to a study conducted by Grand View Research, Inc. Increase in farmers’ income, lower bank interest rates, and soaring farm yields are expected to drive the market growth over the forecast period. In addition, increased demand for mini-compact tractors is likely to drive market growth over the forecast period. Also, the integration of sophisticated technology, such as Light Detection and Ranging (LiDAR) and Global Positioning System (GPS), and telematics coupled with the rising popularity of compact tractors are presumed to drive the market growth over the next few years. Increasing demand for medium horsepower (40 to 100 HP) tractors is likely to grow over the next few quarters of 2022.

It is attributed to greater convenience for farmers to operate in compact spaces and provide a better operational experience on different terrain. However, Original Equipment Manufacturers (OEMs) are witnessing supply chain disruptions, which may hamper the market growth. In addition, semiconductor shortages are likely to have production delays. Thus, new agricultural tractor sales are likely to see delayed delivery schedule, thereby hindering the market growth. The international commodity prices of base metals directly influence this market. A rise in raw materials costs of steel, aluminum, and others is likely to increase the price of agricultural tractors, which will eventually impact the market demand. The trend is expected to continue till Q4/2022. As a result, OEMs are expected to increase product prices by 22% in 2022. Such challenges may hinder the demand over the forecast period.

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Agricultural Tractors Market Report Highlights

• The surge in demand for 2WD tractors and the rising popularity of autonomous tractors are likely to drive the market over the forecast period
• China, India, and countries of Eastern Europe are likely to have strong demand for less than 40 HP engine tractors over the forecast period
• This is due to lower credit interest rates and policies undertaken by the respective government to protect farmers’ income
• The 2WD and 4WD segments are expected to register 7% and 4% growth rates in 2022 and 6% and 3% in 2023 respectively
• The slowdown is attributed to worldwide tractor microchip shortages, which cause supply chain delays leading to low inventory stocks of equipment and parts
• Key vendors in the market continue to witness labor shortages, leading to production delays. However, OEMs advancement in electric tractors with autonomous features is expected to be a new revenue stream to increase their market profitability over the next few years

List of Key Players of Agricultural Tractors Market

• AGCO Corp.
• CLAAS KGaAmbH
• CNH Industrial N.V.
• Deere & Company
• Escorts Limited
• International Tractors Ltd.
• Kubota Corp.
• Mahindra & Mahindra Ltd.
• Tractors and Farm Equipment Ltd.
• Yanmar Co., Ltd.

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Blockchain Technology Market Segmented On The Basis Of Type, Component, Application, Enterprise Size, End Use, Region And Forecast To 2022 To 2030 Grand View Research Inc.

San Francisco, 29 Apr 2022: The Report Blockchain Technology Market Size, Share & Trends Analysis Report By Type (Private Cloud, Public Cloud), By Application (Digital Identity, Payments), By Enterprise Size, By Component, By End Use, And Segment Forecasts, 2022 – 2030

The global blockchain technology market size is expected to reach USD 1,431.54 billion by 2030, growing at a CAGR of 85.9% from 2022 to 2030, according to a new report by Grand View Research, Inc. The market growth can be attributed to the increasing digitalization across the BFSI sector. Furthermore, the growing use of contactless blockchain digital ticketing at various events is expected to drive the market. The growing use of cryptocurrency worldwide is also anticipated to drive market growth. This is because cryptocurrencies, such as Ethereum and bitcoin, operate on blockchain technology. The demand for cryptocurrency is increasing due to benefits, such as easy transactions, inflation hedge, and enhanced security.

According to the statistics provided by TripleA, a cryptocurrency solution provider, more than 300 million people worldwide used or owned cryptocurrency in 2021. The growing demand for blockchain across the government sector due to benefits, such as protection of sensitive data, reduced cost, and improved efficiency is driving the market growth. Various government agencies, such as the Department of Homeland Security (DHS) in the U.S. are demanding blockchain technology-based applications to enhance their data security.

The DHS is funding startups to conduct research and development to explore new approaches to cyber security using blockchain technology. The COVID-19 pandemic is expected to positively impact the market growth over the forecast period. The growing online sales due to the COVID-19 pandemic are expected to create the demand for blockchain technology among e-commerce companies. E-commerce companies use this technology for supply chain management.

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Blockchain Technology Market Report Highlights

• In terms of type, the public cloud segment is expected to retain its dominance over the forecast period. The growing preference of governments for efficient and open transactions is driving the segment growth
• In terms of components, the infrastructure & protocol segment dominated the market in 2021 and is expected to witness significant growth over the forecast period. The demand for the infrastructure & protocol is high among network developers as it helps them in developing customized networks for their clients
• In terms of application, the payments segment dominated the market in 2021. The segment growth can be attributed to the capability of blockchain technology to facilitate payments by reducing the number of intermediaries, which helps reduce transaction costs
• In terms of enterprise size, the large enterprise segment dominated the market in 2021. The rapid adoption of blockchain technology by large enterprises to enable digital services across different business channels accentuated the segment growth in 2021
• In terms of end use, the financial services segment dominated the market in 2021. The increasing investment in this technology by finance service providers propelled the segment growth in 2021
• The increasing adoption of the technology in emerging economies, such as China and India, is expected to create growth opportunities for the market players in the Asia Pacific region over the forecast period

List of Key Players of Blockchain Technology Market

• IBM Corp.
• Microsoft Corp.
• The Linux Foundation
• BTL Group Ltd.
• Chain, Inc.
• Circle Internet Financial Ltd.
• Deloitte Touche Tohmatsu Ltd.
• Digital Asset Holdings, LLC
• Global Arena Holding, Inc. (GAHI)
• Monax
• Ripple

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Protein Supplements Market Outlook On The Basis Of Source, Product, Application, Distribution Channel, Region And Forecast From 2022 to 2030: Grand View Research Inc.

San Francisco, 28 Apr 2022: The Report Protein Supplements Market Size, Share & Trends Analysis Report By Source (Animal-based, Plant-based), By Product (Protein Powder, Protein Bars), By Application, By Distribution Channel, By Region, And Segment Forecasts, 2021 – 2030

The global protein supplements market size is expected to reach USD 42.81 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.5% from 2021 to 2030. The growing number of fitness centers on account of rising millennials’ interest in health and wellness is expected to drive the market over the forecast period. The protein supplement manufacturing companies are primarily concentrated in Europe and North America owing to the abundant availability of raw materials. A higher rate of obesity in these regions is leading the consumers to opt for a healthy lifestyle and eating habits, which is expected to increase the demand for protein supplements over the forecast period.

Protein supplement manufacturing requires high capital investments owing to the complex manufacturing process. The European Food Safety Authority (EFSA) and the U.S. Food & Drug Administration (USDA) have laid regulations on product labeling and health claims, which challenges the new players in the global market. The established players are continuously working on increasing their production capacity to match the growing demand. For Instance, in October 2020, Glanbia PLC began the operation of its new facility producing cheese and whey in Michigan, U.S. and is capable of processing 3.6 million liters of milk per day.

The rising vegan population across the globe has compelled manufacturers to invest in R&D to innovate in plant-based protein supplements. In March 2020, The Hut.com, which goes with the brand ‘My Protein’, launched a new plant-based protein shake in the U.S. to capitalize on the increasing vegan population in the country. Similarly, in February 2020, InnovoPro launched chickpea protein concentrate for the ready-to-drink formula for vegan athletes.

The unprecedented outbreak of the COVID-19 pandemic has benefitted the market for protein supplements as consumers became more aware of the diet and individual health during this period. Additionally, the Chinese Center for Disease Control and Prevention (CDC) has issued nutrition guidelines, which includes a recommendation of the intake of approximately 150-200 grams of protein per day (around 1.5-2.0g /kg body weight/day) for patients affected by COVID-19 to boost immunity, thus resulting in the increased consumption of protein supplements.

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Protein Supplements Market Report Highlights

• By product, protein powder dominated the market in 2021. Increasing demand for protein powder from professional athletes, bodybuilders, and fitness enthusiasts is expected to drive the product demand over the forecast period
• Based on the source, animal-based protein supplements led the market with a revenue share of over 65.0% in 2021. The segment includes meat and dairy proteins, which are considered complete protein owing to the presence of all essential amino acids
• In terms of distribution channels, online stores held the largest revenue share in 2021 owing to the higher consumer preference for online shopping and developing e-commerce businesses around the world
• The functional food application segment is expected to expand at a CAGR of 8.1% from 2021 to 2030 owing to the growing consumer awareness regarding balanced nutrition, which is expected to drive the demand for protein supplements in the functional food application
• Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period on account of the rising disposable income levels and growing health-conscious population in the countries, like China, India, Japan, and South Korea

List of Key Players of Protein Supplements Market

• Glanbia PLC
• MusclePharm
• Abbott
• CytoSport, Inc.
• Iovate Health Sciences International Inc.
• QuestNutrition
• THE BOUNTIFUL COMPANY
• AMCO Proteins
• NOW Foods
• Transparent Labs
• WOODBOLT DISTRIBUTION LLC
• Dymatize Enterprises LLC
• com
• RSP Nutrition
• BPI Sports LLC
• International Dehydrated Foods, Inc.
• BRF
• Rousselot
• GELITA AG
• Hoogwegt

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North America And Australia Silica Market Report Focusing On The Basis Of Application, Region And Forecast 2028: Grand View Research Inc.

San Francisco, 28 Apr 2022: The Report North America And Australia Silica Market Size, Share & Trends Analysis Report By Application (Oil & Gas, Glass, Foundry Sand, Rubber, Oral Care), By Region (Australia, North America), And Segment Forecasts, 2021 – 2028

The North America and Australia silica market size is expected to reach USD 16.52 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 11.0% over the forecast period. The market growth is attributed to the rising product demand in various applications including oil & gas, rubber, foundry, glass, agrochemicals, and others. Commercial silica sand obtained through mining mainly finds use in oil & gas, glass, and foundry sand. Specialty silica is extracted through wet and thermal processes and includes precipitated, fumed, and colloidal silica along with silica gel and fused gel. These products undergo different processes and find applications in rubber, agrochemicals, oral care, food, desiccants, paints & coatings, and other applications.

Based on application, the market is segmented into oil & gas, glass, foundry, rubber, agrochemicals, oral care, food, desiccants, paints & coatings, and others. The product demand in the oil & gas industry is expected to increase on account of the rising hydraulic fracturing activities. In addition, high demand for glass products owing to the growth in construction activities and increasing beverages consumption will further drive the market. Moreover, the market is expected to witness lucrative growth opportunities in the rubber industry. Highly dispersible silica is used in green tire production, which further enhances the performance parameters of the tire in terms of fuel efficiency and safety, without affecting the durability of the tire.

This is driving the consumption of silica in countries in North America moving toward high production of green tires. With the outbreak of COVID-19, the production of silica sand was severely impacted as the demand from end-use industries declined significantly in 2020. For example, W. R. Grace & Co.-Conn sales in 2020 decreased by 11.7% as compared to 2019. However, with recovery in the economy and increasing demand from industries, such as oil & gas, glass, rubber, and foundry, the production is expected to increase during the forecast period. The growing demand and low production led to a surge in prices in 2021. For example, in November 2021, U.S. Silica Holdings Inc. announced raise in price for its products in the range of 6% to 14% starting from February 2022.

The price increase is part of the company’s plan to curb losses due to a significant and continuous rise in labor, transportation, materials, and manufacturing costs. The market is highly competitive owing to the presence of numerous players and rising product demand from application industries. For instance, in December 2021, Canadian Premium Sand Inc. (CPS) announced to set up its first solar glass manufacturing facility in North America. The company chose the City of Selkirk, Manitoba as the location due to its proximity to a high-grade silica sand quarry.

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North America And Australia Silica Market Report Highlights

• The oil & gas segment held the largest revenue share in 2020 owing to the increasing number of rigs in North America and growing investments in the Australian oil & gas industry
• A rise in raw material, energy, and transportation costs during the COVID-19 pandemic impacted final product prices
• For instance, in August 2021, PQ Corp. announced new prices for its silica products in the U.S. and Canada. The company along with its subsidiary National Silicates declared a price hike of 10–12% for its products
• Companies in Australia are making efforts to increase the production of silica. For instance, in September 2021, VRX silica started the processing of its second silica sands project at Arrowsmith, Western Australia. The company is currently awaiting environmental approval for its advanced Arrowsmith North project
• The market in Australia was estimated at 2,866.0 kilotons in 2020. The high market growth is on account of development in the application industries, such as glass and foundry, in the country

List of Key Players of North America And Australia Silica Market

• Elkem ASA
• Evonik Industries AG
• Nouryon
• PPG Industries, Inc.
• PQ Corp.
• Saint-Gobain
• Solvay
• S. Silica
• R. Grace & Co.-Conn.
• Wacker Chemie AG

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Phosphate Rock Market In-Depth Research On Basis Of Application, Region And Forecast To 2030 : Grand View Research Inc.

San Francisco, 27 Apr 2022: The Report Phosphate Rock Market Size, Share & Trends Analysis Report By Application (Fertilizers, Food & Feed Additives, Industrial), By Region (North America, Europe, APAC, South America, MEA), And Segment Forecasts, 2022 – 2030

The global phosphate rock market size is expected to reach USD 29.73 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.2% from 2022 to 2030. The increasing demand from the agriculture industry, along with the growing population, is anticipated to fuel the market growth over the forecast period. According to the United Nations, the world population increased by 1.1% from 2017 to 2018 and is projected to reach 9.8 billion in 2050. This is expected to drive the demand for phosphate fertilizers to support the food needs, which, in turn, is expected to propel the utilization of phosphate rock over the coming years. Moreover, growing animal feed production is projected to support the market growth over the coming years.

Phytase is a growing alternative for phosphate feed owing to the high costs of phosphate feeds. It is a vital ingredient in animal feed and affects reproduction, growth, and feed cost. Most of the natural phosphate is unavailable to animals, thus it is important to add inorganic phosphate in diets to compensate for natural phosphate needs. In such cases, phytase is added to improve performance and reduce the cost of animal feed. These benefits of phytase are further expected to affect the market dynamics.

Industrial applications of phosphate rock include cleaners, detergents, incendiary shells, tracer bullets, pyrotechnics, pesticides, metal coatings, toothpaste, cosmetics, pharmaceuticals, anticorrosion agents, matches, and other phosphorus compounds. Demand for synthetic detergents is projected to rise owing to urbanization in emerging economies. Most synthetic detergents contain phosphate as a builder, which improves the phosphate loading rate in water bodies. Thus, the demand from the detergent application segment is projected to benefit the growth of the phosphate rock industry.

The European Union countries are highly dependent on other countries for phosphate rock imports owing to the lack of sufficient phosphate reserves in the region. This leads to high production costs of phosphate fertilizers in the region. The demand for fertilizers is decreasing in Western Europe in contrast to the increasing demand in Eastern Europe. European countries are relying on potassium and nitrogen fertilizers as a result of the high production costs involved with phosphate fertilizers owing to the high phosphate prices.

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Phosphate Rock Market Report Highlights

• The fertilizers application segment was the largest segment in 2021 and accounted for a revenue share of over 75.0%. The need to improve crop yield, along with the growing demand for agriculture products such as vegetables and fruits, is projected to remain a key contributing factor for the market growth
• The food and feed additives application segment is anticipated to witness lucrative growth over the forecast period. Phosphate is an important ingredient in animal feed and helps to improve fertility, digestive process, and bone strength in animals
• Asia Pacific was the largest regional market in 2021, in terms of both volume and revenue. The growth of the regional market is attributed to stable agriculture production and demand for food and nutrients for the growing population in countries such as China, India, and ASEAN
• The Middle East and Africa emerged as the second-largest regional market in 2021. The growth of the region is attributed to the availability of phosphorus rock reserves and the production of phosphate fertilizers in the region

List of Key Players of Phosphate Rock Market

• OCP Group
• The Mosaic Company
• Ma’aden
• PhosAgro
• Guizhou Kailin Holdings (Group) Co., Ltd.
• Yuntianhua Group
• Misr Phosphate
• Hubei Xingfa Chemicals
• Wengfu Group
• Yunnan Phosphate Haikou Co., Ltd. (YPH)

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Parenteral Nutrition Market Segmented On The Basis Of Nutrient Type, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 27 Apr 2022: The Report Parenteral Nutrition Market Size, Share & Trends Analysis Report By Nutrient Type (Trace Elements, Single-dose Amino Acid Solution, Parenteral Lipid Emulsion), By Region (North America, APAC), And Segment Forecasts, 2022 – 2030

The global parenteral nutrition market size is expected to reach USD 10.7 billion by 2030 and is expected to expand at a CAGR of 6.0% over the forecast period, according to a new report by Grand View Research, Inc. Growing incidences of chronic diseases, such as cancer, diabetes, and other neurological conditions; surge in essential nutrition deficiency among critically ill patients; and growing awareness pertaining to hospital-related malnutrition are few key factors increasing the adoption of parenteral nutrition. Parenteral drug administration provides the benefit of fast action and lower dose delivery, which prevent various adverse effects because of dietary imbalances, thereby promoting market growth. However, the high risk of infection during administration and growing preference for enteral nutrition among patients are major factors restricting the market growth.

With the increasing population, healthcare costs and food expenditure for a household and the nation are growing. Hence, a higher birth rate is expected to impact nutrition level, thereby acting as a driver for the market. Realized natality plays a more prominent role than absolute natality (crude birth rate), as it includes environmental as well as resource pressures, such as water, food, and medication requirements per birth. Realized natality has been growing in the last decade and is anticipated to maintain growth over the forecast period. In 2020, the natality rate reported by the National Center for Health Statistics (NCHS) is 11.99 births per 1,000 population. Furthermore, the percentage of lower-weight infants was 8.0%, thereby boosting the demand for PN products worldwide.

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Parenteral Nutrition Market Report Highlights

• Key players operating in the market are mainly focused on enhancing patient safety. Companies are also focusing on advancing their PN products to complement the parenteral nutrition compounding by incorporating technologies, such as barcode‐assisted medication
• The ability to provide improved lipid and protein formulations to patients is one of the key parameters that companies leverage to differentiate their products from competitors.
• Also, high infection rate, poor water quality and sanitation facilities, and lack of awareness are prevalent factors increasing the incidence of malnourishment in developing nations, which creates a significant demand for PN sources, thereby aiding market growth
• The single-dose amino acid solution nutrient type segment dominated the market in 2021 due to the introduction of newly available amino acid solutions with minimal side effects
• North America dominated the global market in 2021 owing to the rising incidence of chronic conditions & malnutrition, coupled with increasing U.S. FDA approvals in the region

List of Key Players of Parenteral Nutrition Market

• Baxter
• Grifols, S.A.
• Allergan
• Otsuka Pharmaceutical Factory, Inc.
• Actavis Inc.
• Braun Melsungen AG
• Fresenius Kabi AG
• Vifor Pharma
• Sichuan Kelun Pharmaceutical Co., Ltd.
• Pfizer Inc. (Hospira Inc.)

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Pharmaceutical Packaging Market Outlook On The Basis Of Material, Product, End Use, Region And Forecast From 2021 to 2030: Grand View Research Inc.

San Francisco, 26 Apr 2022: The Report Pharmaceutical Packaging Market Size, Share & Trends Analysis Report By Material (Plastics & Polymers, Glass), By Product (Primary, Secondary), By End Use, By Region, And Segment Forecasts, 2021 – 2030

The global pharmaceutical packaging market size is expected to reach USD 265.5 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.5% from 2021 to 2030. The increasing prevalence of chronic diseases, coupled with the growth of the pharmaceutical industry, is anticipated to augment the consumption of pharmaceutical packaging products.

Ban on counterfeit products in North America and Europe is expected to be a major driver for the market as major companies are likely to invest significantly in anti-counterfeit packaging products. Blow-Fill-Seal (BFS) technology allows customized design for high-quality containers with tamper-evident closures in multiple shapes and sizes. Therefore, the growing demand for anti-counterfeiting packaging, along with the advent of technology, is likely to support the growth of tamper-evident pharmaceutical packaging.

Companies are focusing on using sustainable materials for packaging owing to the rising concerns over the generation of packaging waste that is difficult to degrade. Bioplastic is likely to gain traction in the market as it is derived from renewable plant-based sources and is biodegradable unlike the plastics and polymers derived from fossil fuels. In December 2019, Sanner GmbH, a Germany-based packaging manufacturer, introduced BioBase effervescent tablet packaging derived from corn and sugarcane. Such novel sustainable packaging solutions are expected to boost the growth of the market.

Pharmaceutical manufacturers are likely to prefer blister packaging for tablets and capsules as these are more sustainable with minimal usage of packaging material as compared to rigid bottles. In addition, the transparency of blister packs provides a clear product display and provides tamper-resistant features. The outbreak of COVID-19 has significantly increased the demand for various pharmaceutical drugs across the world, thereby propelling the demand for pharmaceutical manufacturing and their packaging. Rapid development and production of the vaccine in the year 2020 are anticipated to increase pharmaceutical manufacturing considerably, primarily benefitting the manufacturers of packaging vials in the near future.

Market players have been trying to increase their production capabilities as well as expand their geographic reach. In addition, companies are introducing and investing in high-tech packaging solutions with the changing environment. For instance, in April 2020, Schott AG introduced smart containers, which are laser-marked with a unique identifier to create robust traceability throughout the manufacturing process. Companies are expected to invest significantly in such developments in the coming years to strengthen their market position.

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Pharmaceutical Packaging Market Report Highlights

• In terms of revenue, the glass material segment is projected to expand at the highest CAGR of 10.2% over the forecast period. Strong chemical resistance to various medicinal products and the ability to withstand heating treatment during the sterilization process is expected to expand the penetration of glass packaging
• The contract packaging end-use segment is expected to witness the fastest growth over the forecast period. Regulatory requirements associated with pharmaceuticals and their packaging are gradually becoming stringent, and contract packaging organizations are in a better place to address those changes. This factor is boosting the demand for contract packaging services
• Asia Pacific is projected to be the fastest-growing regional market from 2021 to 2030. This growth is due to the rapidly expanding pharmaceutical market, particularly in China and India, and rising cases of various diseases, such as cancer and heart problems

List of Key Players of Pharmaceutical Packaging Market

• Amcor plc
• Becton, Dickinson, and Company
• AptarGroup, Inc.
• Drug Plastics Group
• Gerresheimer AG
• Schott AG
• Owens Illinois, Inc.
• West Pharmaceutical Services, Inc.
• Berry Global, Inc.
• WestRock Company
• SGD Pharma
• International Paper
• Comar, LLC
• CCL Industries, Inc.
• Vetter Pharma International

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Leak Detection And Repair Market Segment Analysis By Component, Product, Technology, Region And Forecast Till 2030: Grand View Research Inc.

San Francisco, 26 Apr 2022: The Report Leak Detection And Repair Market Size, Share & Trends Analysis Report By Component (Services, Equipment), By Technology (VOC Analyzer, OGI), By Product, By Region, And Segment Forecasts, 2022 – 2030

The global leak detection and repair market size is expected to reach USD 27.89 billion by 2030, growing at a CAGR of 4.4% over the forecast period, according to a new report by Grand View Research, Inc. The market growth can be attributed to the increasing demand for oil and oil products across Asia Pacific, North America, Europe, and MEA regions. According to IEA, oil demand in the Asia Pacific is expected to reach 9 million barrels per day by 2040. Various government bodies are encouraging the use of advanced leak detection and repair (LDAR) systems, which is creating new opportunities for market growth. For instance, in December 2020, the Protecting Our Infrastructure of Pipelines and Enhancing Safety Act was signed into law in the U.S. This act directs gas pipeline operators to use enhanced leak detection technologies to ensure the safety of pipelines and the environment.

Growing government efforts to reduce methane emissions worldwide are anticipated to accentuate market growth. For instance, the Global Methane Pledge was announced on November 2021 at COP26 in Glasgow to commit to a joint goal of lowering global methane emissions by at least 30% by 2030 as compared to the 2020 levels. This initiative emphasizes reducing methane emissions by tackling methane leaking from oil and gas pipelines, wells, and other fossil fuel infrastructure. The COVID-19 pandemic is anticipated to impact the market growth favorably in the near future. The pandemic forced oil and gas companies to adopt enhanced leak detection solutions to overcome the challenges caused by employee shortage. The demand for UAV-based detectors increased among oil and gas companies amid the pandemic.

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Leak Detection And Repair Market Report Highlights

• In terms of components, the services segment dominated the market in 2021. The segment growth can be attributed to the rise in demand for LDAR services among the oil and gas companies to identify, track, and repair leak components
• In terms of product, the handheld gas detectors segment dominated the LDAR market in 2021. The segment growth can be attributed to the rise in demand for portable gas detection systems in areas, such as oil production, sewage treatment, and tunnel construction
• In terms of technology, the Volatile Organic Compounds (VOCs) analyzers segment dominated the market in 2021 due to the extensive use of VOC analyzers for detecting various gases, such as propane, methane, and carbon dioxide
• North America dominated the market in 2021 owing to stringent regulations, such as Leak Detection Regulations, in the U.S. as well as the high adoption of advanced technologies by companies in the region

List of Key Players of Leak Detection And Repair Market

• Aeris Technologies, Inc.
• IBM Thomas J. Watson Research Center
• Bridger Photonics, Inc.
• LI-COR, Inc.
• Duke University
• Colorado State University
• Palo Alto Research Center
• Maxion Technologies Inc.
• Rebellion Photonics
• Physical Sciences Inc.
• Avitas Systems
• PrecisionHawk
• SeekOps, Inc.
• Advisian
• Ball Aerospace & Technologies Corp.
• Gas Ops Leak Detectives, LLC (G.O.L.D. LLC).
• Guideware Systems, LLC.
• Summit Inspections Services, Inc.
• GHD, Inc.
• ERM Group, Inc.
• AECOM
• Guardian Compliance
• ABB Ltd.
• Chicago Bridge & Iron Company N.V.
• Heath Consultants
• ENCOS, Inc.
• Team Inc.
• VelocityEHS
• Picarro Inc.
• Microdrones GmbH
• Boreal Laser Inc.
• Kairos Aerospace

Access Press Release of Leak Detection And Repair Market @ https://www.grandviewresearch.com/press-release/global-leak-detection-repair-ldar-market

mHealth Market Segment Analysis By Component, Services, Participants, Region And Forecast Till 2030 : Grand View Research Inc.

San Francisco, 25 Apr 2022: The Report mHealth Market Size, Share & Trends Analysis Report By Component, By Services (Monitoring Services, Diagnosis Services), By Participants (Mobile Operators, Devices Vendors), By Region, And Segment Forecasts, 2022 – 2030

The global mHealth market size is expected to reach USD 130.6 billion by 2030 and is expected to expand at a CAGR of 11.0% over the forecast period, according to a new report by Grand View Research, Inc. Increasing adoption of mHealth apps and technologies by physicians and patients and rise in penetration of internet and smartphone connectivity are among the major factors expected to drive the growth of the market. Besides, increasing government initiatives towards the digitalization of healthcare services are also anticipated to boost the adoption of mobile health platforms. 

Based on component, mHealth apps dominated the market and accounted for revenue share of 75.4% in 2021. This high share is attributable to constantly developing startup ecosystems across the globe and increasing investments by key players to develop new health-based apps. In addition, benefits provided by these apps in maintaining health and lifestyle and managing health condition are some of the other factors boosting the growth of the segment. 

Based on services, the monitoring services segment dominated the market with a revenue share of 61.9% in 2021. Monitoring services mainly involve the observation of health conditions, diseases, and other complicated medical parameters for a defined time. The rising prevalence of chronic diseases and increasing preference for remote monitoring services in post-acute care are some of the factors contributing to the growth of this segment. In addition, increasing investments by the key players in mobile health apps for patient monitoring is also expected to propel the segment growth over the years. 

Based on participants, the mobile operators segment accounted for the highest revenue share of 47.0% in 2021. This is attributed to an increase in the use of 4G and 3G technologies, improvements in the network infrastructure, and a rise in the number of mobile subscribers. Furthermore, an increase in the number of industry activities, such as collaborations and partnerships, is also another significant factor propelling the growth of the segment. For instance, in 2021, Allscripts announced its collaboration with Blessing Health System, a non-profit organization. Under the partnership, Blessing Health System has adopted Allscripts’ health platform to 3 of its facilities in the U.S. In addition, it has also acquired Allscripts Managed Services and extended its agreement till 2028. 

By region, North America is the leading region in the market contributed a revenue share of 38.2% in 2021. Several major factors including growing healthcare expenditure, increasing geriatric population, rise in network infrastructure, growing incidence of chronic diseases are accelerating the adoption of mobile health platforms in this region. In addition, increasing adoption of mHealth apps and favorable government initiatives are also propelling the demand for mHealth services in the region. 

Increased utilization of mobile health platforms and technologies, including apps, during the COVID-19 pandemic has led to an increase in the growth of the market in 2020. Several government initiatives to launch mHealth apps during COVID19 are also responsible in driving the adoption of mHealth apps during this period. Furthermore, increasing internet penetration and adoption of digital health technologies for remote diagnosis and analysis of patient data are the major factors responsible for the high adoption of mobile health technologies during the COVID-19 pandemic. Moreover, the restrictions and fear of COVID19 infection have further fueled the adoption of mobile health technologies and apps which in turn are expected to accelerate the market growth over the forecast years.  

Access Research Report of mHealth Market @ https://www.grandviewresearch.com/industry-analysis/mhealth-market

mHealth Market Report Highlights 

• The market size is anticipated to be valued at USD 130.6 billion by 2030, owing to growing adoption of mHealth platforms and technologies and increasing penetration of internet connectivity and smartphones by patients and physicians
• The mHealth apps segment dominated the market in 2021 with a revenue share of 75.4%, owing to high internet usage, increasing penetration of smartphones, and growing awareness about mHealth among healthcare professionals
• The monitoring services segment dominated the market in 2021 with a revenue share of 61.9%, owing to rising prevalence of chronic diseases and increasing preference for remote monitoring services in post-acute care
• The mobile operators segment accounted for the highest revenue share in the market owing to an increase in the number of mobile subscribers, improvements in network infrastructure, and rise in the use of 3G and 4G technologies
• North America dominated the market with a revenue share of 38.2% in 2021, owing to various factors including rising incidence of chronic diseases, increasing healthcare expenditure, growing geriatric population, and improved network infrastructure 

List of Key Players of mHealth Market

• AT&T
• Telefonica S.A.
• SoftServe
• Google, Inc.
• Airstrip Technologies, Inc
• Samsung Electronics Co. Ltd.
• Allscripts Healthcare Solutions
• Apple, Inc.
• Orange
• mQure
• Qualcomm Technologies, Inc.
• Vodafone Group

Access Press Release of mHealth Market @ https://www.grandviewresearch.com/press-release/global-mHealth-market