Preclinical CRO Market Segment Analysis By Service, Model Type, End-Use, Region And Forecast Till 2030 : Grand View Research Inc.

San Francisco, 28 Feb 2023: The Report Preclinical CRO Market Size, Share & Trends Analysis Report By Service (Toxicology Testing, Bioanalysis & DMPK Studies), By End Use (Biopharmaceutical Companies, Government & Academic Institutes), And Segment Forecasts, 2022 – 2030

The global preclinical CRO market size is expected to reach USD 9.67 billion by 2030, expanding at a CAGR of 7.9%, according to a new report by Grand View Research, Inc. The market is expected to show lucrative growth due to increasing R&D expenditure and rising outsourcing trends. The increasing volume of new drugs entering the preclinical phase is also anticipated to boost the market during the forecast period. However, the COVID-19 pandemic had temporarily affected the market owing to the shutdown of research sites due to the implementation of national lockdowns.

The market is undergoing a series of mergers and acquisitions, resulting in improvement in full-service capabilities and the international reach of larger companies. For instance, in 2019, WuXi AppTec acquired Pharmapace. On the other hand, mid-sized and smaller contract research organizations are focusing on niche sectors and are providing a personalized approach to their sponsors. Various companies are focusing on research and development of new drugs and therefore are outsourcing these activities to launch efficient CRO services in the market. This, in turn, provides a positive atmosphere for joint ventures among market participants owing to the preference of sponsors to maximize their benefits.

The COVID-19 pandemic is ever increasing since the disease was first identified in China in December 2019. Until March 9, 2022, more than 4500 million cases of COVID-19 were reported globally; this pandemic has fast-tracked the development of vaccines and drug testing. There are currently over 195 COVID-19 vaccine candidates in preclinical studies.

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Preclinical CRO Market Report Highlights

• The toxicology testing segment accounted for the largest share of more than 25.48% in 2021 due to its significance in Investigational New Drug (IND)-enabling studies
• The Patient Derived Organoid (PDO) Model segment held the largest share of 80.47% in 2021, owing to the high accuracy obtained by this model
• The government and academic institutes segment is anticipated to witness the fastest CAGR of 8.2% during the forecast period. This growth is credited to the rising government initiatives in the healthcare sector, especially in developing economies
• North America held the highest revenue share of the global market in 2021. Huge investments in healthcare R&D, coupled with well-developed healthcare infrastructure in the U.S., contributed to the market growth in North America. Asia Pacific is projected to expand with the fastest CAGR of 10.9% during the forecast period

 List of key players in the Preclinical CRO Market

• Eurofins Scientific
• PRA Health Sciences, Inc.
• Wuxi AppTec
• Medpace, Inc.
• Charles River Laboratories International, Inc.
• Pharmaceutical Product Development (PPD), LLC
• SGS SA (SGS)
• Intertek Group Plc (IGP)
• Laboratory Corporation of America, Inc.
• Crown Bioscience

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Hangover Cure Products Market Focusing On The Basis Of Product, Distribution Channel, Region And Forecast 2028: Grand View Research Inc.

San Francisco, 28 Feb 2023: The Report Hangover Cure Products Market Size, Share & Trends Analysis Report By Product (Solutions, Tablets/Capsules, Powder, Patches), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2021 – 2028

The global hangover cure products market size is expected to reach USD 4.67 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 14.6% from 2021 to 2028. Consumers are becoming increasingly aware of the benefits associated with the consumption of hangover cure products, which help improve metabolism, reduce nausea caused due to excessive alcohol consumption, and hydrate the body.

Over the past few years, consumers over the world are becoming more enthusiastic about functional foods and drinks. Therefore, ingredients that boost energy, mental clarity, and mood and reduce stress are expected to appeal to consumers in the upcoming years. This trend of functional foods and drinks is likely to create opportunities for hangover cure products manufacturers.

Furthermore, with the growing demand for the products, an increasing number of investors are showing interest in the market. For instance, in April 2018, 82Labs, a U.S.-based start-up that produces hangover rehydration drinks, raised USD 8 million in funding from investors such as Altos Ventures, Thunder Road Capital, Strong Ventures, and Slow Ventures. Similarly, in 2019, Cheers Health Inc., a Texas-based company, raised an amount of USD 2.1 million in seed funding for building its brand and upgrading products. Such fundraisings will help companies develop new and innovative products and expand their reach.

Nutritional profile and the presence of natural ingredients are other important factors influencing the buying decisions of consumers. Various herbs and botanicals are gaining traction among consumers. Product promotion also influences consumers’ buying decisions in both countries. Hangover cure products have been gaining immense popularity due to the buzz created on social media platforms.

The demand for hangover cure products is expected to increase in Asia Pacific in the coming years owing to the growing awareness about the benefits of alcohol detox products. Owing to the growing preference for herbal products, market players in Asia Pacific are focusing on using herbal ingredients in their supplements. For instance, in February 2019, Baidyanath Group introduced Armr, a herbal anti-hangover product, and Shunya, a herb-infused vitamin drink, in India. Such initiatives are likely to fuel the market growth over the forecast period.

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Hangover Cure Products Market Report Highlights

• By product, the solutions segment accounted for the largest share of over 35.0% in 2020. The demand for herbal hangover cure solutions is increasing on account of the numerous product launches
• The online distribution channel segment is expected to witness the fastest growth over the forecast period. The growth of the segment is attributed to the emergence and rapid development of e-commerceand the high adoption of online shopping
• Asia Pacific held the largest share of over 50.0% in 2020. The growing awareness about the benefits of alcohol detox products is expected to increase the demand for hangover cure products in the Asia Pacific in the coming years. Europe is expected to expand at the fastest CAGR of 15.4% over the forecast period

List of Key Players of Hangover Cure Products Market

• Abbott
• Bayer AG
• More Labs
• The Himalaya Drug Company
• Rally Labs LLC (Blowfish)
• Flyby
• Drinkwel, LLC
• Cheers Health
• Liquid I.V., Inc.
• DOTSHOT
• AfterDrink Ltd.
• Toniiq
• Purple Tree Labs
• No Days Wasted
• LES Labs (Detoxx)
• EZ Lifestyle (Over EZ)
• DrinkAde
• Kaplan Laboratory, LLC (H-PROOF)
• Bytox
• Cheal Hangover Patch
• Party Patch
• Rebound Hangover Patch
• TRIO Patch
• SmartPatches
• D-Tox Hangover Patches
• La Mend, Inc. (The Good Patch)
• RallyPatch, LLC
• Ozmo Patch
• Wet Buffalo Patch
• LiveToShine

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U.S. Semi-Trailer Dealership Market Is Likely To Up Demand At A USD 13.85 Billion By 2030: Grand View Research Inc.

San Francisco, 28 Feb 2023: The Report U.S. Semi-Trailer Dealership Market Size, Share & Trends Analysis Report By End-use (Food & Beverages/FMCG, Industrial, Construction & Mining, Others), By Product Type, By Region, And Segment Forecasts, 2022 – 2030

The U.S. semi-trailer dealership Market is expected to reach USD 13.85 billion by 2030 with a CAGR growth of 5.6% over the forecasted period, according to a new report by Grand View Research, Inc. The demand for semi-trailers is primarily driven by rising manufacturing activity and the need for efficient transportation. Additionally, the demand for semi-trailers is anticipated to increase in the upcoming years due to the expansion of end-use industries and the cold chain industry. Road transportation is the most popular kind of transportation in the logistics industry since it is more affordable than other forms.

The demand for semi-trailers to transport chemicals, automotive and healthcare items, mining, and construction equipment, and other goods is rising. The demand for transportation vehicles has also increased because of increasing investments in improving road infrastructure. Semi-trailers are easy to use, require little maintenance, and can travel longer distances with huge loads. Consequently, they are favored over other trailers on the market.

The adoption of refrigerated trailers is also surging owing to increased demand for frozen and perishable foods such as vegetables, fruits, seafood, and meat in North America. Refrigerated trailers are also used for the storage and transportation of biopharmaceuticals and other drugs. Many medical samples for tissue or blood and drugs are transported in a controlled temperature, which is maintained through these refrigerated trailers. The increasing adoption of cold chain space is also fueling the demand for refrigerated trailers in the U.S.

Moreover, the flatbed trailer has the third highest growth rate of 5.9% within the forecast period. The flatbed trailers are commonly used for transporting heavy load cargo like construction machinery, transporting materials such as steel & aluminum frames, piping, and scaffolding. Farmers located in America widely use flatbed trailers to transport agricultural goods or equipment for their daily operations. The growth in the construction and agriculture industry across the countries is anticipated to witness segmental growth.

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U.S. Semi-Trailer Dealership Market Report Highlights

• The growth of the U.S. Semi- Trailer Dealership market is primarily driven by the expansion of the logistic industry coupled with the rising disposable income of the people and growing global travel interest among individuals
• The cost of maintaining trailers varies based on the kind, brand, model, and usage; additional costs for repairs, maintenance, and aftermarket services may have a negative effect on consumers and impede the market’s expansion
• High demand for semi-trailers for transportation purposes in the FMCG and construction industries are driving the growth of the U.S. market
• Additionally, increasing government investments to improve the road infrastructure, enhance inland connectivity, and boost the economy have cascading effects on the growth of the semi-trailer dealership market

List of Key Players in the U.S. Semi-Trailer Dealership Trailer Market

• Great Western Leasing and Sales
• Superior Trailer Sales
• Crossroad Trailers Sales and Service Inc.
• Larry’s Trailer Sales & Service LLC
• Diamond T Truck & Trailer Inc.
• Northwest Truck & Trailer
• Royal Truck & Trailer Sales and Service, Inc.
• Semi-Truck and Trailer Sales
• Star Trailer Sales, Inc.
• Young truck and trailer

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Polyurethane Processing Machine Market In-Depth Research On Basis By Product, Type, End-Use, Region And Forecast To 2030 : Grand View Research Inc.

San Francisco, 28 Feb 2023: The Report Polyurethane Processing Machine Market Size, Share & Trends Analysis Report By Product (Dosing System, Mixing Heads), By Type (High Pressure, Low Pressure), By End-Use, By Region, And Segment Forecasts, 2022 – 2030

The global polyurethane processing machine market size is expected to reach USD 5.15 billion by 2030, registering a CAGR of 3.8% during the forecast period, according to a new report by Grand View Research, Inc. Polyurethane processing machine market growth is significantly driven by new applications in the medical field and rising research & development activities.

Polyurethane finds application in the medical field due to its biocompatibility and non-toxic nature to the human body. Attributed to these characteristics, polyurethane is being widely opted for the manufacturing of hospital bedding, catheters, analysis device housings, and tubes. A surge in healthcare spending and manufacturing is anticipated to drive demand for PU processing machines.

Additionally, augmentation in the automotive industry is expected to support market growth. PU processing machines are used for the manufacturing of interior body insulation, car seats, armrests, and headrests. Polyurethane is also used to give a glossy texture to the exterior as well as the interior structure of the car. The rising consumer spending is expected to drive the market demand during the forecast period.

Moreover, increasing demand for the appliances such as refrigerators, cooler, freezers, vending machines, and hot water heaters is anticipated to drive demand for PU processing machines. PU foam is significantly used in these appliances, which acts as an insulator and helps to increase the longevity of the product.

The COVID-19 outbreak had a negative impact on the growth of the global polyurethane processing machine market. As a result of a halt in the construction, and manufacturing industries demand for PU processing machines declined. With the resumption of the manufacturing actions and supply chain activities, the market is expected to recover during the forecast period.

Companies of the industry are actively focusing on joint ventures, product developments, and mergers & acquisitions to further increase market penetration. For instance, in October 2022, Krauss Maffei announced a new generation of high-pressure mixing heads, called the precision Mix head. This mixing head is smaller in size and presents higher performance for the processing of polyurethane.

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Polyurethane Processing Machine Market Report Highlights

• The mixing head dominated the market accounting for 30.2% market revenue share in 2021. This is significantly attributed to its wide application in the automotive, furniture, consumer appliances, and construction industry
• Low-pressure processing machine segment is anticipated to witness significant growth of a CAGR of 4.1% during the forecast period. Increasing applications in the automotive sector for vehicle coating, construction for sealing, and adhesive coating drive the growth of the segment
• Automotive segment is anticipated to witness significant growth with a CAGR of 4.7% during the forecast period. It is attributed to the increasing consumer spending on personal vehicles and the expansion of the automotive manufacturing industry
• Asia Pacific dominated the global market accounting for 42.2% market revenue share in 2021. Major manufacturing of plastics materials including polyurethane, within the region is attributed to the high demand for the polyurethane processing machine market
• In August 2022, Atlas Copco announced the completion of the acquisition of LEWA GmbH, a leading manufacturer of diaphragm metering pumps, process pumps, and complete metering systems

List Of Key players in global Polyurethane Processing Machine Market include

• Linde plc
• Frimo Group GmbH
• Rim Polymer Industries Pte. Ltd.
• LEWA GmbH
• Haitian Group
• KraussMaffei Group
• Hennecke GmbH
• Wittmann Group
• Engel Austria GmbH
• Graco Inc.

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Injection Molding Machine Market Segmented On The Basis Of Material, Technology, End-Use, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 28 Feb 2023: The Report Injection Molding Machine Market Size, Share & Trends Analysis Report By Material (Plastic, Metal), By Technology (Hydraulic, Electric, Hybrid), By End Use, By Region, And Segment Forecasts, 2022 – 2030

The global injection molding machine market size is expected to reach USD 22.03 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.6% from 2022 to 2030. The increasing demand for injection molding machines in industries such as automotive, consumer goods, packaging, and electronics is projected to fuel the market growth over the forecast period.

The spread of the omicron variant of COVID-19 has increased hospitalization rates in North America, and the demand for plastic molded products witnessed a surge in the medical sector. This is expected to drive the demand for numerous medical devices, thereby fueling the demand for plastics used for developing them using this technology. The increasing consumption of packaging products in the healthcare, cosmetics, personal care, and consumer goods industries is expected to fuel the growth of the packaging industry over the forecast period. This, in turn, is expected to fuel the market growth in the coming years.

Shifting consumer preferences toward electric vehicles owing to the increasing government subsidies regarding EVs, coupled with a growing number of EV charging stations, are expected to have a positive impact on the automotive industry growth. This, in turn, is expected to fuel the growth of the market in the coming years. Injection molding machine manufacturers are focusing on mergers, acquisitions, and partnerships to acquire a large market share and increase the capacity to meet the growing demand from various end-user industries such as automotive, electronics, and consumer goods.

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Injection Molding Machine Market Report Highlights

• By material, plastic accounted for the largest revenue share of over 75.0% in 2021 owing to the rapid growth in the consumption of plastic parts in the automotive industry
• The increasing demand for air conditioning units, refrigerators, structural electronics, and several other electronic appliances is expected to drive the market in the industry
• The growing electronics industry across the globe along with the presence of technology-driven companies is expected to play a key role in the growth of the market
• The Asia Pacific region is expected to expand at a lucrative CAGR of 5.1% over the forecast period owing to the increasing investments in the packaging and electronic industries, coupled with the strong consumer base in countries such as China, Japan, and India
• In May 2020, Milacron launched a new rental option for machinery upgrades through its exclusive financing partner, namely Equipment Finance Group (EFG), to cater to the increasing demand for manufacturing products during the COVID-19 pandemic

List of Key Players in the Injection Molding Machine Market

• Arburg GmbH + Co KG
• Haitian International Holdings Limited
• Milacron
• Nissei Plastic Industrial Co., Limited
• Engel Austria GmbH
• Sumitomo (SHI) Demag Plastics Machinery GmbH
• Chen Hsong Holdings Limited
• Toyo Machinery & Metal Co., Ltd.
• Husky Injection Molding Systems Ltd.
• Japan Steel Works Limited
• KraussMaffei Group
• UBE Machinery
• Shibaura Machine Co. Ltd.
• WittmannBattenfeld
• Hillenbrand, INC.

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Mexico Mining Market Segmented On The Basis Of Sector And Forecast 2030: Grand View Research Inc.

San Francisco, 27 Feb 2023: The Report Mexico Mining Market Size, Share & Trends Analysis Report By Sector (Precious Materials, Non-Ferrous, Non-Metallic), And Segment Forecasts, 2022 – 2030

The Mexico mining market is expected to reach USD 2.30 billion by 2030, according to a new report by Grand View Research, Inc, expanding at a CAGR of 2.9% over the forecast period. The growth of the industry is attributed to increasing demand for precious metals, which account for the major share of the market. Moreover, the growing demand for metals such as copper, zinc, and lead that find various uses in electrical & electronic applications are further fueling the market growth.

The mining sector is getting rapid exposure of technological advancements such as automation and digitization. These include the introduction of automated tunnel drilling and drilling systems, autonomous vehicles, drone, and intelligent sensors, which are designed to increase the efficiency and management of mining operations and reduce wastage.

For instance, in July 2022, Fresnillo, one of the world’s largest silver producers, placed an order to Eprico for underground mining machines. The order consists of Boltec and Cabletec rock reinforcement rigs, Boomer face drilling rigs, Simba production drilling rigs, Minetruck haulers, and Scooptram loaders.

Based on sector, the non-metallic minerals segment is anticipated to witness the fastest growth rate over the forecast period. The segment growth is attributed to widespread applications of products like kaolin, silica, and feldspar in various industries. Growing investments in the end-use industries of these products is propelling their demand and thus, mining.

Metal prices in Mexico witnessed a sharp decline from January to April 2020 owing to a sudden drop in demand caused by the outbreak of COVID-19. However, post-April 2020, prices recovered sharply owing to the restart of manufacturing activities with social distancing norms in place.

To remain competitive, mining companies are entering into long-term supply contracts with end users. Also, the companies use derivative contracts to protect them from market volatility. These fluctuations expose the companies to the risk of opportunity loss and mark-to-market fair value adjustments. These contracts could include forward sales, futures contracts, call options, and other derivative instruments.

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Mexico Mining Market Report Highlights

• Based on sector, precious metals held a revenue share of more than 47.0% in 2022 in the market. This market share is attributed to growing consumer preference for fashionable and luxurious items
• Mexico has wide reserves of gold and silver. As of 2021, Mexico stood 7^thin the world, in terms of gold production. In 2021, similar to other prominent gold producers in the world, Mexico’s gold production fell too, and dropped down to 100 tons in 2021 from 101.63 tons in 2020
• The non-ferrous held second-largest share of the market. Its growth can be attributed to increasing penetration of metals in electric vehicles (EVs). Growing EV production further propels the demand for metals such as lead, copper, zinc, and molybdenum

List of Key Players of Mexico Mining Market

• AHMSA
• ArcelorMittal
• Coeur Mining Inc.
• FIRST MAJESTIC
• Fortuna Silver Mines Inc.
• Frestnillo plc
• GRUPO MEXICO
• Industrias Peñoles
• Newmont Corporation
• Pan American Silver Corp

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Water Treatment Chemicals Market In-Depth Research On Basis By Product, Application, End Use, Region And Forecast To 2030 : Grand View Research Inc.

San Francisco, 27 Feb 2023: The Report Water Treatment Chemicals Market Size, Share & Trends Analysis Report By Product (Coagulants & Flocculants, Biocide & Disinfectant, Scale & Corrosion Inhibitor), By Application, By End Use, And Segment Forecasts, 2020 – 2030

The global water treatment chemicals market size is anticipated to reach USD 41.2 billion by 2030, registering a CAGR of 3.2%, according to a new report by Grand View Research, Inc. Rapid industrialization coupled with increasing awareness towards pollution and recycling of wastewater is anticipated to drive the market growth. It is explained as a process engaged in eliminating the contaminants by using various techniques. In the process, the waste or contaminated fluid is treated with chemicals to make it adequate for human consumption.

Growing worldwide consumption along with favorable government regulations for the use of chemicals is estimated to drive the market across the globe. In addition, increasing world population and growth in industrial activities is also projected to fuel the market growth. However, factors like rising prices of chemicals and growing use of chemical free technologies is projected to restrain the industry growth.

The biocides and coagulants and flocculants segments are projected to lead the market in petrochemical manufacturing and sugar and ethanol sector respectively. The increasing demand for flocculants and biocides in these applications is due to the implementation of stringent government regulations to provide quality and hygienic water for human consumption.

Limited supply of water for several industrial applications is propelled to fuel the product demand for use especially in the fertilizers, petrochemical manufacturing and refining sectors. These sectors collectively account major revenue share of the chemicals used for treatment. Recycling, growth of central wastewater treatment unit for SME’s, and advanced biological treatment technologies are a few factors contributing to the industry growth.

Europe is one of the prominent consumers of water treatment chemicals owing to large consumption of water for industrial sectors such as sugar and ethanol and petrochemical manufacturing. The most widely used chemicals in Europe comprise of corrosion inhibitors, coagulants & flocculants, and biocides among others. The Europe market is driven by implementation of high-water quality standards for several industrial applications along with stringent environmental regulations for treatment processes.

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Water Treatment Chemicals Market Report Highlights

• Scale and corrosion inhibitor is estimated to emerge as the fastest growing product segment owing to their ability to inhibit silica polymerization, and lower the chromate levels and corrosion rates
• Effluent water treatment is estimated to emerge as the fastest growing application segment due to growing inclusion of chemicals in treating industrial fluids or its safe disposal or reusability in the end-user in the environment
• Power is estimated to emerge as the fastest growing end-use segment in relation to increasing attention on alternative energy sources like geothermal energy
• Central and South America is estimated to emerge as the fastest growing region on account of low availability of clean water for domestic and industrial purposes

List of Companies in the Water Treatment Chemicals Market

• SUEZ
• BASF SE
• Ecolab
• Solenis
• Nouryon
• Kemira Oyj
• Baker Hughes, a GE company LLC
• The Dow Chemical Company
• SNF Group
• Cortec Corporation
• Buckman
• Solvay S.A.
• Kurita Europe GmbH
• Veolia
• Somicon ME FZC
• Green Water Treatment Solutions
• Johnson Matthey

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Extended Detection And Response Market Segmented On The Basis Of Component, Product Type, Authentication Type, Portability, End-User, Region And Forecast To 2030

San Francisco, 27 Feb 2023: The Report Extended Detection And Response Market Size, Share & Trends Analysis Report By Component (Solutions, Services), By Deployment Type, By Application (Large Enterprises, SMEs), By Region, And Segment Forecasts, 2023 – 2030

The global extended detection and response market size is expected to reach USD 3,409.8 million by 2030 and is expected to expand at 20.7% CAGR from 2023 to 2030, according to a study conducted by Grand View Research, Inc. The extended detection and response (XDR) market benefits from the increasing adoption of Bring Your Own Device (BYOD) and business mobility trends across organizations, the need to reduce IT security risks, and the rising enterprise-targeted cyber-attacks across the globe. Extended detection and response (XDR) solutions aid security professionals to visualize cyber threat patterns holistically. Furthermore, XDR tools help normalize and centralize data in a central repository to evaluate data security incidents rapidly, giving businesses control over security to defend against vulnerabilities.

Cyber threat risks and the challenges faced in securing critical data are intensifying with the increasing adoption of technologies such as IoT and cloud. Detecting, responding, and mitigating such threats across several control points is complex as organizations deploy various solutions that collectively generate many alerts. This has raised the demand for a comprehensive solution that extends the capabilities of end-point detection to the detection of incidents across several security control points. Unlike End-point Detection and Response (EDR) solutions which remove only endpoint threats, XDR solutions provide a 360-degree view of the security environment.

COVID-19 has led to the heightened need for XDR tools as organizations were required to implement remote working models. The abrupt transition allowed several cyber-attackers to target vulnerable endpoints and a spike in phishing, ransomware, and spam was observed across organizations. Recently, a joint alert was issued by the U.K. and the U.S. Federal cyber agencies, declaring that the COVID-19 crisis is being exploited by cyber-attackers to compromise the end-points used for remote work by employees. The National Cyber Security Centre (NCSC), Cybersecurity and Infrastructure Security Agency (CISA), and Department of Homeland Security (DHS) shared the observations concentrating on some of the latest incidents. The need to effectively detect and mitigate incidents across a dynamic security framework has led to the increased demand for the extended detection and response industry.

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Extended Detection And Response Market Report Highlights

• Based on component, the solutions segment dominated the extended detection and response industry in 2022 and is expected to register significant growth over the forecast period. This can be attributed to the rising demand for comprehensive detection solutions across organizations of all sizes
• In terms of deployment type, the on-premise segment is expected to dominate the extended detection and response industry over the forecast period. This can be attributed to the need for an optimum level of data security with security protocols and physical access controls across organizations
• The large enterprise segment is expected to dominate the extended detection and response industry owing to the increased spending on security infrastructures and cloud technologies
• North America accounted for the largest market share in 2022. This can be attributed to the high investment of organizations in the region in terms of security solutions

List of Key Players in the Extended Detection And Response Market

• Bitdefender
• Broadcom
• Cybereason
• Cynet
• Fidelis Cybersecurity
• McAfee, LLC
• Microsoft
• Palo Alto Networks
• Red Piranha Limited
• SentinelOne
• Sophos Ltd

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U.S. Durable Medical Equipment Market Segmented On The Basis Of Product, End-Use And Forecast 2030: Grand View Research Inc.

San Francisco, 24 Feb 2023: The Report U.S. Durable Medical Equipment Market Size, Share & Trends Analysis Report By Product (Monitoring And Therapeutic Devices, Personal Mobility Devices), And Segment Forecasts, 2023 – 2030

The U.S. durable medical equipment market size is expected to reach USD 92.9 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.7% from 2023 to 2030. The rising prevalence of chronic diseases and increasing penetration of home healthcare services and staff are the key factors driving the product demand. The demand for durable medical equipment (DME) is projected to witness a rise during the forecast period due to high adoption.

The COVID-19 pandemic has disrupted the transportation and supply chain of the DME market due to the restrictions imposed by the government. As the demand for the equipment increases for medical purposes to fight against COVID-19, the supply of the product also increases. COVID-19 led to an increase in the demand for medical beds and therapeutic mattresses, and volumes were also high within the U.S. rental operations.

The growing aging population and rising shift towards shorter hospital stays are making home healthcare more common. With these trends, a significant number of medical devices, such as patient monitoring systems and mobility aids, are in great demand. Furthermore, the current coronavirus pandemic has presented unusual and extraordinary challenges to the healthcare system.

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U.S. Durable Medical Equipment Market Report Highlights

• By product, the monitoring and therapeutic devices segment accounted for the largest revenue share of over 89.3%. This can be attributed to the increasing prevalence of chronic diseases requiring long-term care
• The personal mobility devices product segment is anticipated to be the fastest-growing product segment over the forecast period
• An increasing number of disorders, such as spinal cord injuries, osteoporosis, and rheumatoid arthritis, are driving the demand for mobile devices in the U.S.

 List of Key Players in U.S. Durable Medical Equipment Market

• Invacare Corp.
• Sunrise Medical
• Arjo
• Medline Industries, Inc.
• GF Healthcare Products, Inc.
• Carex Health Brands, Inc.
• Cardinal Health
• Drive DeVilbiss Healthcare
• NOVA Medical Products
• Kaye Products, Inc

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Healthcare Analytics Market Segmented On The Basis Of Component, Type, Application, Delivery Mode, End-Use, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 24 Feb 2023: The Report Healthcare Analytics Market Size, Share & Trends Analysis Report By Type, By Component, By Delivery Mode, By Application, By End-use, And Segment Forecasts, 2023 – 2030

The global healthcare analytics market size is expected to reach USD 167.0 billion by 2030, expanding at a CAGR of 21.4% during the forecast period, according to a new report by Grand View Research Inc. The increase in capital investments by the healthcare industry in the IT sector for better management and cost-effective patient care are key growth factors for the healthcare analytics market. 

Descriptive analytics holds the biggest revenue share, its use in studying historical data has been successfully and widely adopted during the pandemic for studies on patient populations, the current method of analysis has been studying historical data to devise actionable insights for professionals to act on. Predictive analytics accounted for the fastest growth owing to the ability to provide future prospects for growth and for delivering better results. 

By component, the services component had the largest revenue share in 2022, owing to the majority of healthcare institutes outsourcing their data analytics to third-party vendors. A large number of data analytics companies have been collaborating with the institutions to deliver meaningful insights for better patient care and for maximizing their profits by cost-cutting. Better patient monitoring, and care are key factors for the growth of this component. 

The on-premises delivery model holds the largest revenue share in the delivery mode segment. This has been due to the ease of access of data being on the site, i.e., at hospitals, etc. this has resulted in better patient monitoring, better management of records, etc., small institutions are manageable for on-premises delivery mode, another option for data storage is cloud-based. Cloud-based deployment has been the emerging delivery mode due to the fact that it provides a larger space virtually to store data for a multitude of patients. This is cost-effective and is a commercially more viable option for industries. 

The financial application was the top grosser in the applications category. Most of the industry in the healthcare sector is focusing on cutting costs, and maximizing their profit margins, but also are keen on delivering better care to customers. The costs incurred from insurance frauds have been on the rise, with the help of analytics tools, the aim is to find errors in insurance claims, thus reducing the cost of care. 

The life-science companies hold the highest revenue share amongst the end-users in the market. The companies are constantly looking to improve their products but doing so at a lower cost has been the agenda. Analytics plays a major role in understanding the market dynamics & future business prospects and the need of consumers for better product offerings and cost-cutting. Healthcare providers are increasingly adopting analytical platforms for studying and understanding clinical data being generated during the pandemic due to the overall increase in the prevalence of various diseases. The analytical platforms help them deliver better care and understand the dynamics of the spread of diseases and ways to control them. 

North America has been a key region in the healthcare analytics market, owing to the developed healthcare industry, the need for data analytical solutions due to the multitude of patient data has been the largest in the region. The presence of key market players has also been a reason for the largest market share. The fastest-growing region was the Asia Pacific, due to rapid development, increase in disease burden, the influx of capital in the healthcare industry are all propelling growth in this region. 

COVID-19 pandemic has resulted in the healthcare industry being over-burdened with patient load and an insurmountable amount of data generated from the coronavirus studies alone, coupled with other diseases, this presents a huge opportunity for IT firms and start-ups to lap up the information at hand and drive innovation and better ways to deliver care to patients. 

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Healthcare Analytics Market Report Highlights

• The descriptive analysis had a market share of 36.1% in 2022, owing to its use in understanding historical datasets
• The services segment was the largest component, due to the majority of healthcare industries relying on IT companies for their services
• On-premises delivery mode was the most prominent in the market, due to ease of access and security
• Financial applications recorded the highest revenue share owing to the fact that the healthcare industry has been under the burden to reduce costs and deliver better patient care, together
• Life science companies were the largest end-users due to the need for companies to develop better products, improve their profits and deliver cost-effective care to patients has been a priority
• The North American region has been a pioneer in the healthcare data analytics industry owing to the presence of key players in the market

List of Key Players in Healthcare Analytics Market

• McKesson Corporation
• Optum, Inc
• IBM
• Oracle
• SAS Institute, Inc
• IQVIA
• Verisk Analytics, Inc
• Elsevier
• Medeanalytics, Inc
• Truven Health Analytics, Inc
• Allscripts Healthcare Solutions, Inc
• Cerner Corporation

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