Month: July 2023

Europe Vending Machine Market In-Depth Research On Basis By Type, Application, Payment Mode, Country And Forecast To 2028: Grand View Research Inc.

San Francisco, 31 July 2023: The Report Europe Vending Machine Market Size, Share & Trends Analysis Report By Type (Smart, Traditional), By Application (Commercial Places, Offices), By Payment Mode, By Country, And Segment Forecasts, 2021 – 2028

The Europe vending machine market size is anticipated to reach USD 27.21 billion by 2028, registering a CAGR of 8.9% over the forecast period, according to a new report by Grand View Research, Inc. One of the primary factors driving the market’s growth is the rising demand for cashless vending machines. Smart vending machines are becoming increasingly common as these intelligent machines use an attention-getting interactive multi-media display to provide a wide choice of products to clients. Moreover, the growing popularity of unattended retail stores and its rising acceptance among consumers supports the market growth. Operators who invested in security tools, such as locking coolers and camera monitoring, have started placing them in semi-public and public-facing micro markets. This will be an interesting trend to watch, especially in the post-COVID-19 world, where consumers could seek out unattended retail options and contactless payments for safety reasons.

There has been an overall growth in the demand for healthy food and drink products in vending machines over the past few years. In 2017, according to a survey by IRI International, two-thirds (70%) of people across Europe bought healthy food with less salt, sugar, fat, and calories. This is an increase of 41% in just three years. In addition, vending machines have emerged in recent years as a favorable, cost-effective option for corporates to provide easy, around-the-clock access to food for their employees. Vending machines also provide a place for conversation, away from the cubicles, positively impacting the overall atmosphere of an office. Popular options, such as chips and soda, provide no nutritional value. However, healthy food options can encourage and motivate employees. Thus, vending machine operators are increasingly offering healthier food products. This also allows the operators to widen their product stock and boost sales.

Furthermore, the market is quickly adapting to the trend of cashless transactions, with a massive drive to replace (or update) coin-based machines and to integrate contactless terminals into the design of all new systems. Though chip-and-pin is widely used, it is contactless card payments that will continue to drive the trend of cashless payment forward. In 2018, MasterCard reported that almost 50% of all card payments in Europe were contactless and predicted that, by 2020, all point-of-sale terminals would allow contactless payment. According to the report on COVID-19 impact on vending published by EVA, 48% of operators saw a reduction in turnover in September 2020 between 21%–40%. It started to recover after many countries in the region lifted restrictions and allowed people to step out of their homes. Work-from-home was the major factor impacting the revenue generation of operators.

Over 80% of the vending machines (including hot beverages) are located in workplaces. Since many companies in the region are inclined toward 4 days/week working policy, they generated significant revenue before the pandemic but were severely impacted during the pandemic. However, the pandemic has created opportunities for new entrants, since micro markets require minimal physical contact. In November 2020, Grafenwoehr Exchange opened its first micro-market in Germany, Europe. The micro-market was opened in collaboration with Tasty Co., a mini convenience store with an open-rack display, reach-in coolers and freezers, and a self-checkout kiosk. The product portfolio varies from fresh fruits and vegetables to pre-made sandwiches and snacks. According to EVA, micro markets have now been reported in 13 of the 22 markets covered, with Sweden and Russia leading the way.

Access Research Report of Europe Vending Machine Market @ https://www.grandviewresearch.com/industry-analysis/europe-vending-machine-market-report

Europe Vending Machine Market Report Highlights

  • The market is expected to grow with a CAGR of 8.9% from 2021 to 2028
  • The traditional vending machine type segment accounted for the largest revenue share of more than 78% in 2020 and is expected to expand further at a steady CAGR over the forecast period
  • The commercial places application segment is expected to register the fastest CAGR over the forecast period
  • The cash payment mode segment led the regional market in 2020 with a revenue share of more than 72% in 2020
  • Italy was the leading country in 2020 and accounted for the largest share of the total revenue in the same year

Europe Vending Machine Market Report Scope

Report AttributeDetails
Market size value in 2021USD 15.90 billion
Revenue forecast in 2028USD 27.20 billion
Growth rateCAGR of 8.9% from 2021 to 2028
Base year for estimation2020
Historical data2016 – 2019
Forecast period2021 – 2028

List of Key Players of Europe Vending Machine Market

  • Selecta TMP AG
  • Delikia Fresh
  • Alliance Vending Services
  • IVS Iberica
  • Costa
  • NVCS Ltd.
  • Express Vending
  • Nayax Ltd.
  • Worldline
  • Ventopay GmbH
  • On Track Innovations Ltd.
  • CCV Group B.V.

Access Press Release of Europe Vending Machine Market @ https://www.grandviewresearch.com/press-release/europe-vending-machine-market-analysis

Europe Dietary Supplements Market Segment Analysis By Ingredient, Form, Application, End User, Type, Distribution Channel, Region And Forecast Till 2030: Grand View Research Inc.

San Francisco, 31 July 2023: The Report Europe Dietary Supplements Market Size, Share & Trends Analysis Report By Ingredient (Vitamins, Minerals), By Type (OTC, Prescribed), By End-user, By Form, By Application, By Distribution Channel And Segment Forecasts, 2023 – 2030

The Europe dietary supplements market is anticipated to reach USD 65.44 billion by 2030, growing at a CAGR of 7.0% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market for dietary supplements in Europe is being driven by several factors, including the growing interest in preventive healthcare among consumers. As people become more aware of the importance of maintaining good health and preventing chronic diseases, they are turning to dietary supplements as a way to support their overall health and well-being. Additionally, the aging population in Europe is driving demand for supplements that address age-related health concerns such as joint health, cognitive function, and eye health.

In addition, the increasing popularity of natural and organic products. Consumers are becoming more concerned about the potential side effects of synthetic ingredients and are seeking out supplements that contain natural ingredients. This trend is particularly strong among younger consumers, who are more likely to prioritize environmentally and socially responsible products.

Furthermore, the rise of e-commerce and the increasing availability of supplements online have made it easier for consumers to access a wider range of products, which has further fueled the growth of the market. In addition, the COVID-19 pandemic has led to increased interest in supplements that support immune health, which has further boosted sales of these products.

The key players in Europe are heavily investing in research and development, product launches, focusing on mergers and acquisitions to enhance their product offerings and create innovative formulations with superior properties to meet the growing demand. For instance, in February 2023, Comple.med launched Lactoflor Immuno 200 in Europe, which has 50mg of IMMUSE, a postbiotic that activates pDC cells, 200mg of Lactoferin, and 25mcg of Vitamin D3. IMMUSE is backed by 29 published studies, including 14 human clinical trials, and is marketed by Kyowa Hakko.

Access Research Report of Europe Dietary Supplements Market @ https://www.grandviewresearch.com/industry-analysis/europe-dietary-supplements-market-report

Europe Dietary Supplements Market Report Highlights

  • Vitamins dominated the ingredients category with the highest revenue share of 29.91% in 2022, owing to the number of newly launched multivitamin supplements and the rising awareness of lifestyle-related illnesses.
  • The tablets accounted for a revenue share of 33.25% in 2022. The tablets are convenient and easy to use, making them a popular choice for consumers. They are also easy to manufacture and store, which makes them a cost-effective option for manufacturers.
  • The market for prenatal health is expected to grow at a CAGR of 10.3% over the forecast period. Pregnant women are increasingly aware of the importance of proper nutrition during pregnancy for the health and development of their babies. This has led to a demand for dietary supplements that can help ensure an adequate intake of key nutrients such as folic acid, iron, and calcium.
  • The market for infants is expected to grow at a CAGR of 11.7% during the projected period owing to the introduction of innovative and convenient supplement formats such as gummies, drops, and powders, coupled with aggressive marketing and promotional strategies by manufacturers, have further fueled the demand.
  • The OTC (Over the Counter) market dominated the market with a share of 73.44% in 2022. The consumer trend of self-directed health care is likely to drive the demand for OTC supplements.
  • The offline distribution channel dominated the market with a share of 82.38% in 2022. The prevalence of supermarkets/hypermarkets in Europe is higher, and as a result, these offline channels make a significant contribution to the sales of dietary supplements.
  • Spain is anticipated to grow at a CAGR of 7.7% over the forecast period owing to the increasing health consciousness among consumers and the rising incidence of chronic diseases.
  • Some of the key players in the market include Nestle, Abbott, Bayer AG, Glanbia plc, Pfizer Inc., Archer Daniels Midland, GlaxoSmithKline plc., NU SKIN, Herbalife Nutrition, Nature’s Sunshine Products Inc., Bionova, Arkopharma.

Europe Dietary Supplements Market Report Scope

Report AttributeDetails
Market size value in 2023USD 40.73 billion
Revenue forecast in 2030USD 65.44 billion
Growth rateCAGR of 7.0% from 2023 to 2030
Base year for estimation2022
Historical data2017 – 2021
Forecast period2023 – 2030

List of Key Players of Europe Dietary Supplements Market

  • Nestlé
  • Abbott
  • Bayer AG
  • Glanbia plc
  • Pfizer Inc.
  • Archer Daniels Midland
  • GlaxoSmithKline plc.
  • NU SKIN
  • Herbalife Nutrition
  • Nature’s Sunshine Products Inc.
  • Bionova
  • Arkopharma

Access Press Release of Europe Dietary Supplements Market @ https://www.grandviewresearch.com/press-release/europe-dietary-supplements-market-analysis

North America Air Purifier Market Outlook On The Basis Of Technology, Application, Country And Forecast to 2030: Grand View Research Inc.

San Francisco, 31 July 2023: The Report North America Air Purifier Market Size, Share & Trends Analysis Report By Technology (HEPA, Activated Carbon, Ionic Filters), By Application (Residential, Industrial), By Country, And Segment Forecasts, 2023 – 2030

The North America air purifier market size is expected to reach USD 6.3 billion by 2030, expanding at a CAGR of 7.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. North America air purifier industry is anticipated to benefit from growing public awareness about the health concerns, arising from exposure to hazardous particles at work and home. Air quality legislation, such as the United States Environmental Protection Agency’s (EPA) establishment of national ambient air quality standards, the U.S. Clean Air Act, and Environment Canada’s comprehensive emission reduction programs, are projected to create new opportunities for air purifier manufacturers.

Similarly, the formation and implementation of regulatory measures, air quality management programs to raise public awareness, and the rising number of installations of extensive ambient air quality monitoring systems are all likely to drive product demand in Mexico over the coming years.

The air purifier used to be seen as a luxury item. Air purifiers are now essential, though, as both indoor and outdoor pollution levels are rising. There are growing worries about the health issues connected to air pollution. For those who are allergic to them, pollen, dust, mold spores, and pet dander can debilitate the quality of life considerably. Additionally, smoke particles and volatile organic compounds (VOCs) can be extremely harmful to human health. Air purifiers are, therefore, essential for eliminating harmful pollutants from the air and subsequently enhancing air quality.

Several manufacturers, such as Sharp Electronics Corporation and Panasonic Corporation, choose several agents or middlemen to sell their products to retail outlets or directly to customers. However, the presence of a large number of middlemen increases the distribution costs. As a result, companies such as Honeywell have started adopting a direct-to-customer strategy, wherein they have launched their e-commerce websites to sell air purifiers to customers to cut down on distribution costs.

Access Research Report of North America Air Purifier Market @ https://www.grandviewresearch.com/industry-analysis/north-america-air-purifier-market-report

North America Air Purifier Market Report Highlights

  • HEPA technology segment led the market and accounted for a 40.2% share in 2022. The market penetration of air purifier products is expected to increase because of the high caliber and dependability of HEPA filters to remove airborne particles. HEPA filters do not, however, capture other airborne contaminants such as viruses, germs, mold, and volatile organic compounds (VOCs). To remove the aforementioned particles, this leads to the use of HEPA filters as well as activated carbon or ionic filters
  • Activated carbon is expected to be the fastest-growing market, with a CAGR of 8.1% during the forecast period. Because of the high surface area and microporosity of the carbon granules used in the air filters, activated carbon is substantially good at capturing gases, fumes, and odors
  • The commercial air purifier segment held the largest share of the market, i.e., 57.2% in 2022. Air purifiers are used in hospitals and medical laboratories to avoid contamination of air, as superior air quality is of utmost importance in these spaces. Air purifiers are used in educational institutes, research & development laboratories, and preschool & secondary educational facilities for removing airborne pathogens as well as to maintain indoor air quality
  • S. air purifiers accounted for 76.4% of the North America market revenue in 2022, attributed to the widespread use of devices for enhancing the indoor air quality in residential, commercial, and industrial places, which is augmented due to the deteriorating air quality in the country
  • Air purifier manufacturers adopt several strategies, including mergers, acquisitions, joint ventures, new product developments, and geographical expansions to enhance their market penetration. They also cater to the changing technological demand for equipment from various end-use industries such as residential, commercial, and industrial. For instance, in January 2023, Levoit introduced the Vital 200S Smart True HEPA Air Purifier, a brand-new smart air purifier with a 99.97% particle removal rate that aims to support a better lifestyle and provide the purest air possible

North America Air Purifier Market Report Scope

Report AttributeDetails
Market size value in 2023USD 4.0 billion
Revenue forecast in 2030USD 6.3 billion
Growth RateCAGR of 7.2% from 2023 to 2030
Base year for estimation2022
Historical data2018 – 2021
Forecast period2023 – 2030

List of Key Players in the North America Air Purifier Market

  • Beyond by Aerus
  • Arovast Corporation (Levoit)
  • KOIOS
  • Rabbit Air
  • WYND TECHNOLOGIES, INC
  • Oransi
  • Pure Enrichment
  • Amaircare
  • Blueair
  • Airpura Industries
  • IQAir
  • Honeywell International Inc.
  • LG Electronics

Access Press Release of North America Air Purifier Market @ https://www.grandviewresearch.com/press-release/north-america-air-purifier-market-analysis

Electric Scooters Market Analysis By Drive Type, Battery, End-Use, Region And Forecast To 2030  : Grand View Research Inc.

San Francisco, 31 July 2023: The Report Electric Scooters Market Size, Share & Trends Analysis Report By Battery (Lithium-ion, Lead-acid), By Drive Type (Belt Drive, Hub Motor), By End-use (Personal, Commercial), By Region, And Segment Forecasts, 2023 – 2030

The global electric scooters market size is expected to reach USD 78.65 billion by 2030, registering a CAGR of 9.9% from 2023 to 2030, according to a study conducted by Grand View Research, Inc. Increasing demand for the air combating, fuel-economic high-performance vehicles is expected to fuel the growth of the industry. In addition, a growing number of government initiatives to increase the adoption of EVs, automobile manufacturers’ investment in the development of battery charging infrastructure, and rising disposable income in developing nations are expected to drive the growth further. Moreover, the ease of maneuverability and extensive driving agility of e-scooters are expected to boost their demand.

Key players are focusing on improving quality, enhancing performance, comfort, and safety, and lowering the cost of maintenance. In addition, prominent players are undertaking strategic steps to expand their customer base in the international market. They are focusing on launching a range of e-scooters. For instance, Gogoro, Inc., and KYMCO expanded their reach in other regions to capture the benefit of the untapped market. Furthermore, prominent players, such as GenZe by Mahindra, YAMAHA Motor Pvt. Ltd., Vässla Electric Scooters., and PURE EV, have invested in installing charging systems across various countries and are offering swappable battery systems in their e-scooter variants.

The Asia Pacific region is expected to witness the fastest CAGR over the forecast period due to increasing government focus on replacing the existing fleet with EVs in developing economies, such as China, India, and ASEAN countries. Moreover, government and e-scooter manufacturers are investing in developing the public charging infrastructure, which will encourage consumers to shift to e-scooters over their counterparts. The governments in European countries have been providing subsidies to drive the sales of battery-powered two-wheelers. These initiatives are anticipated to become more robust with increasing gasoline prices.

Access Research Report of Electric Scooters Market @ https://www.grandviewresearch.com/industry-analysis/electric-scooters-market

Electric Scooters Market Report Highlights

  • The personal end-use segment is expected to register the fastest growth rate from 2023 to 2030. This growth can be attributed to significant demand for e-scooters
  • Based on battery, the lithium-ion segment dominated the industry in 2022 due to benefits, such as low cost and robustness
  • Asia Pacific is expected to be the largest as well as the fastest-growing regional market during the forecast period
  • This is owing to significant investments in vehicle charging infrastructure and government subsidies for battery-powered scooters

Electric Scooters Market Report Scope

Report AttributeDetails
Market size value in 2023USD 37.07 billion
Revenue forecast in 2030USD 78.65 billion
Growth rateCAGR of 9.9% from 2023 to 2030
Base year for estimation2022
Historical data2018 – 2030
Forecast period2023 – 2030

List of Key Players of the Electric Scooters Market

  • AllCell Technologies LLC
  • Yadea Technology Group Co., Ltd.
  • BMW Motorrad International
  • BOXX Corp.
  • Gogoro, Inc.
  • Green Energy Motors Corp.
  • Greenwit Technologies Inc.
  • Honda Motor Co. Ltd.
  • Jiangsu Xinri E-Vehicle Co., Ltd.
  • KTM AG
  • Mahindra GenZe

Access Press Release of Electric Scooters Market @ https://www.grandviewresearch.com/press-release/global-electric-scooters-market

Surface Mount Technology Market Trends Analysis Report By Service, Equipment, Application, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 31 July 2023: The Report Surface Mount Technology Market Size, Share & Trends Analysis Report By Equipment (Inspection Equipment, Placement Equipment, Others), By Service, By Application, Regional Outlook, Competitive Strategies, and Segment Forecasts, 2023 – 2030

The global surface mount technology market size is expected to reach USD 8,222.0 million by 2030, expanding at a CAGR of 5.8%, according to a new report by Grand View Research, Inc. Surface mount technology (SMT) is a method of electronic component assembly used to build electronic circuits on printed circuit boards (PCBs). In SMT, electronic components such as resistors, capacitors, and integrated circuits (ICs) are mounted directly onto the surface of the PCB rather than being inserted through holes in the board (as in through-hole technology).In SMT, the components are typically much smaller and more compact than through-hole components, which allows for a greater degree of miniaturization in electronic devices. SMT also allows for higher component density on PCBs, meaning that more complex electronic circuits can be designed and manufactured in smaller, more efficient packages. The market’s growth is expected to be driven by the miniaturization of electronic devices across the globe. The trend towards smaller and more portable electronic devices has increased demand for smaller components, which can only be manufactured using SMT. Miniaturization involves reducing the size of various electronic components, such as resistors, capacitors, and transistors, and integrating them into smaller, more densely packed circuit boards. This is typically achieved through the use of surface mount technology (SMT), which allows for smaller components to be placed closer together on the circuit board, making the overall device smaller.

Moreover, the increasing adoption of electric vehicles (EVs) across the globe is another major factor driving the market’s growth. This is because EVs require various electronic components, including power electronics, batteries, and sensors. These are typically smaller and more compact than components used in traditional combustion engine vehicles. SMT components are more suitable for EV use due to their smaller size and higher component density. This has increased demand for SMT components and equipment in the automotive industry. Furthermore, as EVs are designed to be more energy efficient than traditional vehicles, every component in an EV needs to be optimized for efficiency. SMT components are known for their high efficiency and reliability, making them ideal for use in EVs.

The COVID-19 pandemic has significantly impacted the global economy, and the surface-mount technology market has not been immune to its effects. The pandemic caused disruptions in global supply chains, leading to delays in delivering components and equipment for SMT manufacturing. Owing to this, manufacturers of SMT equipment have faced challenges in meeting production targets, which has affected the growth of the SMT market. Moreover, the pandemic has caused a shift in consumer behavior, resulting in a surge in demand for electronic devices, such as laptops, smartphones, and gaming consoles. This has led to an increase in demand for SMT services, as these devices require a high degree of electronic component integration.

Access Research Report of Surface Mount Technology Market @ https://www.grandviewresearch.com/industry-analysis/surface-mount-technology-market-report

Surface Mount Technology Market Report Highlights

  • The market’s growth is expected to be driven by the miniaturization of electronic devices across the globe. The trend towards smaller and more portable electronic devices has led to an increased demand for smaller components, which can only be manufactured using surface mount technology (SMT)
  • The increasing automation across the industry verticals such as automotive, logistics, e-commerce, and among others is another major factor driving the growth of the market. Additionally, the growth of automation and robotics in manufacturing sector has made SMT more efficient and cost-effective, as machines can place components with greater precision and speed
  • The placement equipment segment dominated the overall market in 2022. This dominance can be attributed to the rising need for improving product technology, reliability, responsiveness, and inspection quality
  • The supply chain services segment is anticipated to register the fastest CAGR over the forecast period. The supply chain services comprises a range of services, including sourcing & procurement, inventory management, logistics & transportation, and warehousing & distribution
  • The consumer electronics segment dominated the market in 2022 and accounted for a market share of 32.5%. Surface mount technology (SMT) is widely used in consumer electronics manufacturing owing to its several advantages over traditional through-hole technology, such as the smaller form factors, faster production times, and increased efficiency

Surface Mount Technology Market Report Scope

Report AttributeDetails
Market size value in 2023USD 5,530.4 million
Revenue forecast in 2030USD 8,222.0 million
Growth RateCAGR of 5.8% from 2023 to 2030
Base year for estimation2022
Historic year2017 – 2021
Forecast period2023 – 2030

List of key players in the surface mount technology market

  • ASM Pacific Technology
  • Seika Corporation
  • Panasonic
  • Nordson Corporation
  • Cognex Corporation
  • Fuji Machine Manufacturing Co., Ltd.
  • Teradyne Inc.
  • Mycronic
  • Kulicke & Soffa Industries, Inc.
  • Neoden SMT

Access Press Release of Surface Mount Technology Market @ https://www.grandviewresearch.com/press-release/global-surface-mount-technology-market

Foley Catheter Market Segmented On The Basis Of Product Type, Material, Indication, End-User, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 28 July 2023: The Report Foley Catheter Market Size, Share & Trends Analysis Report By Product Type (2-way, 3-way, 4-way), By Material (Silicone, Latex), By Indication (Urinary Incontinence, Enlarged Prostate Gland/BPH) , By End-user, By Region, And Segment Forecasts, 2023 – 2030

The global foley catheter market size is expected to reach USD 2.57 billion by 2030, expected to expand at a CAGR of 5.81% during the forecast period, according to a new report by Grand View Research, Inc. The demand for foley catheters is anticipated to increase owing to the rising prevalence of urological diseases such as urinary incontinence, neurogenic bladder, growing incidence of spinal cord injuries, increasing elderly population, and favorable reimbursement policies.

The worldwide patient population faces a substantial healthcare challenge as a result of the COVID-19 pandemic. Patients suffering from different diseases have received subpar care as a result of limited access to medical services. The pandemic negatively affected sales of foley catheters. To stop the illness from spreading, surgeries are frequently delayed or even canceled. For instance, open and minimally invasive operations, endoscopic surgeries, clinic visits, and diagnostic procedures all fell by 40-100% in Italy, according to urology residents’ research published in August 2021.

Additionally, residents in India reported a 90% drop in surgical volume, and more than 80% of them believed their education had been affected. According to the same source, a survey of urology residents in Latin America and Spain found that 15% had their urological service closed, with all activity devoted to COVID-19 patients. As a result, with the advent of the COVID-19 pandemic in 2020, foley catheter sales plummeted.

The majority of nations across the world have started to loosen lockup regulations and restart some elective surgeries, thus the market is anticipated to bounce back and expand over the projected period. Additionally, a high frequency of urologic disorders, technological improvements, strategic actions made by various players, and an increase in the elderly population are the primary drivers of the foley catheters industry expansion.

For instance, in June 2022, Sanford Health licensed its technology to InnoCare Urologics LLC. A Stanford health practitioner invented a urinary catheter for reducing damage from accidental pullout injuries. InnoCare has finished the necessary testing and has finalized the design with a manufacturer. Its next step is submission to the U.S. FDA to obtain market clearance.

Access Research Report of Foley Catheter Market @ https://www.grandviewresearch.com/industry-analysis/foley-catheters-market-report

Foley Catheter Market Highlights

  • By product type, 2-way foley catheters accounted for the largest market share of 51.84% in 2022. The growth of the segment is due to the increasing prevalence of urological disorders such as urinary tract infections (UTIs), kidney and ureteral stones, rising preference for minimally invasive surgeries coupled with the rising geriatric population
  • Based on the end user, the hospital segment captured the largest market share with around 53.14% in 2022. The growth of this segment can mainly be attributed to a consequent rise in surgical procedures and an increase in the number of patients suffering from various chronic ailments.
  • Asia Pacific is expected to become the fastest-growing market for foley catheters with a growth rate of 6.49% during the 2022-2030 period, due to a large number of surgical procedures and the growing geriatric population in the region

Foley Catheter Market Report Scope

Report AttributeDetails
Market size value in 2023USD 1.73 billion
Revenue forecast in 2030USD 2.57 billion
Growth RateCAGR of 5.81% from 2023 to 2030
Base year for estimation2022
Historical data2018 – 2021
Forecast period2023 – 2030

List of Key Players in the Foley Catheter Market

  • Sterimed Group.
  • Angiplast Pvt Ltd
  • HEMC (Hospital Equipment Manufacturing Company)
  • Cardinal Health
  • Advin Health Care
  • AdvaCare Pharma
  • Teleflex Incorporated
  • GWS Surgicals LLP
  • BACTIGUARD AB
  • Medtronic
  • Convatec Inc.
  • Braun
  • VOGT MEDICAL
  • Ribbel International Limited 
  • R. Bard (BD)
  • Hollister Incorporated
  • Coloplast

Access Press Release of Foley Catheter Market @ https://www.grandviewresearch.com/press-release/global-foley-catheters-market

PMS And Menstrual Health Supplements Market Trends Analysis Report By Product, Consumer Group, Formulation, Sales Channel, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 28 July 2023: The Report PMS And Menstrual Health Supplements Market Size, Share & Trends Analysis Report By Product, By Consumer Group, By Formulation, By Sales Channel, By Region, And Segment Forecasts, 2023 – 2030

The global PMS and menstrual health supplements market size is expected to reach USD 35.0 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. One of the major factors contributing to the growth of the market is increased awareness among women about the health hazards related to menstrual health. Traditional diets these days are not able to meet daily nutrient requirements, hence, many physicians are recommending women add health supplements to their daily routine, thus increasing the market growth. The emergence of the COVID-19 pandemic led to increasing awareness about physical and mental health. Additionally, trending e-commerce has eased access to health supplements. Furthermore, industry players globally are focusing on the R&D of new nutritional products to meet market demand.

A study published in the General Psychiatry Journal suggests that 90% of women will experience mild to severe premenstrual syndrome in 2020. To help patients handle premenstrual syndrome, leading manufacturers in the field of PMS treatments are focusing on the consumption of vitamin and nutritional supplements. Years of studies show several vitamins and minerals, including vitamin B, vitamin C, magnesium, and calcium, are vital nutrients in treating PMS-related symptoms. Among all these nutrients, Vitamin B is the most essential and helps to lower PMS.

In 2022, Asia Pacific held a dominant revenue share. Demand for these supplements in the Asia Pacific region will be fuelled by the increasing number of PMS cases, thus giving rise to the general wellness trend. China held the largest share in the Asia Pacific market in 2022, followed by India and Japan. The Middle East and Africa is estimated to witness the fastest growth during the forecast period. Iran shows a high rate of PMS prevalence in the MEA. Numerous lucrative business opportunities are expected to arise as a result of the rising popularity of healthy lifestyles.

Access Research Report of PMS And Menstrual Health Supplements Market @ https://www.grandviewresearch.com/industry-analysis/pms-menstrual-health-supplements-market-report

PMS And Menstrual Health Supplements Market Report Highlights

  • The market is expected to grow due to increasing awareness regarding menstrual syndrome and adopting a healthy lifestyle
  • Based on product, combined nutritional supplements dominated the market in 2022. These products offer reliability, which makes them the first choice of recommendation by physicians
  • By consumer group, PMS held the largest share in 2022. This can be attributed to the rise in its prevalence globally. Other factors contributing to this growth include the effectiveness of nutritional supplements in controlling this condition
  • Consumers’ awareness regarding their nutritional needs has increased significantly as a result of the COVID-19 pandemic, and hence, they are beginning to recognize the value of nutritional supplements. As a result, it promotes sales growth
  • The MEA is expected to grow at the fastest rate during the forecast period. The rise in the prevalence rate contributes to the regional market growth

PMS And Menstrual Health Supplements Market Report Scope

Report AttributeDetails
Market size value in 2023USD 23.8 billion
Revenue forecast in 2030USD 35.0 billion
Growth rateCAGR of 5.7% from 2023 to 2030
Base year for estimation2022
Historical data2017 – 2021
Forecast period2023 – 2030

List of Key Players of PMS And Menstrual Health Supplements Market

  • Herbalife International of America, Inc.
  • Pharmavite LLC
  • Nature’s Bounty
  • Amway
  • GNC Holdings, Inc.
  • USANA Health Sciences, Inc.
  • GlaxoSmithKline Plc
  • MetPPharmaAG
  • RBK Nutraceuticals Pty Ltd.
  • Archer Daniels Midland
  • Looni
  • DM Pharma

Access Press Release of PMS And Menstrual Health Supplements Market @ https://www.grandviewresearch.com/press-release/global-pms-menstrual-health-supplements-market

Nursing Products Market In-Depth Research On Basis By Type, Region And Forecast To 2028: Grand View Research Inc.

San Francisco, 28 July 2023: The Report Nursing Products Market Size, Share & Trends Analysis Report By Type (Nursing Pillow, Nursing Cover, Nursing Pad, Nipple Cream, Nursing Bra, Nursing Station, Breast Pump, Pumping Accessories), By Region, And Segment Forecasts, 2021 – 2028

The global nursing products market size is expected to reach USD 8.2 billion by 2028, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.1% from 2021 to 2028. The market growth can be attributed to the growing demand for maternity care products by lactating mothers. A new baby and the start of the breastfeeding journey can be stressful for new mothers. These products help new mothers in dealing with challenges encountered during their breastfeeding phase.

Growing awareness about the benefits of breastfeeding among target customers is likely to create various opportunities for the manufacturers of nursing products. In addition, higher disposable incomes, especially among the population of millennial and Gen Z generations, are driving the market growth.

During the initial phase of the COVID-19 pandemic, the manufacturers of nursing products faced some challenges as the supply chains were interrupted due to the imposed lockdowns. The key market players are now developing tactical plans to deal with the impact of the pandemic on businesses. Since supply chains are a crucial part of retail and online shopping, companies are figuring out ways for smoother business operations.

Access Research Report of Nursing Products Market @ https://www.grandviewresearch.com/industry-analysis/nursing-products-market-report

Nursing Products Market Report Highlights

  • Based on type, the nursing products market is segmented into nursing pillows, nursing covers, nursing pads, nipple creams, nursing bras, nursing stations, breast pumps, pumping accessories, and others. In 2020, the breast pump segment dominated the market in terms of revenue share owing to the growing demand for breast pumps, especially by working women
  • The nipple cream segment is expected to witness the fastest growth rate over the forecast period. The millennial generation and gen Z population are more aware of personal care and skincare products. The new parents from these generations prefer organic baby-safe products. Hence, the manufacturers are introducing innovative formulations of nipple creams that are safe for babies too
  • North America held the majority of the market share in terms of revenue in 2020. The significant growth in the number of working women, increasing customer awareness about nursing products, and easier availability of the products are some of the key factors contributing to the market growth. According to the CDC, around 3.6 million babies were born in the U. S. in 2020
  • Asia Pacific is expected to witness the fastest CAGR over the forecast period due to the growth in women’s employment, as newly educated mothers are adopting technologically advanced nursing products such as breast pumps to deal with breastfeeding challenges

Nursing Products Market Report Scope

Report AttributeDetails
Market size value in 2021USD 4.8 billion
Revenue forecast in 2028USD 8.2 billion
Growth rateCAGR of 8.1% from 2021 to 2028
Base year for estimation2020
Historical data2016 – 2019
Forecast period2021 – 2028

List of Key Players of Nursing Products Market

  • Ameda
  • Pigeon Corporation
  • Koninklijke Philips N.V.
  • AVINCI BABY
  • Bravado Designs USA
  • Spectra Baby USA

Access Press Release of Nursing Products Market @ https://www.grandviewresearch.com/press-release/global-nursing-products-market

Carotid Artery Stents Market Outlook On The Basis Of Type, Materials, Mode Of Delivery, End-Use, Region And Forecast to 2030: Grand View Research Inc.

San Francisco, 28 July 2023: The Report Carotid Artery Stents Market Size, Share & Trends Analysis Report By Type (Drug Eluting Stents, Bare Metal Stents, Bioabsorbable Stents), By Materials (Metals, Polymer), By Mode of Delivery, By End-use, By Region, And Segment Forecasts, 2022 – 2030

The global carotid artery stents market size is expected to reach USD 768.0 million by 2030 expanding at a CAGR of 3.0% from 2022 to 2030, based on a new report by Grand View Research, Inc. The demand for carotid artery stents is driven by the rising aging population and an increase in the prevalence of risk factors like cardiovascular diseases (CVDs), complex lesions, obesity, diabetes, and others. As per “Global and Regional Prevalence, Burden, and Risk Factors for Carotid Atherosclerosis,” published in May 2020, the incidence of rising carotid intima-media thickness in the population aged 30-79 in 2020 has been anticipated to be 27.6% or 1,066.70 million people. This represents a change in percentage of 57.46% from 2000.

The COVID-19 pandemic affected the market due to patients with CVD witnessed disruptions in diagnosis and treatment as a result of fewer people visiting hospitals and diagnostic facilities. For instance, a scientific study released in March 2022 titled “The Effect of COVID-19 on Adult Cardiac Surgery (in the U.S. in 717,103 Patients)” found that surgical intervention decreased by 65.5% and the volume of adult vascular surgery had decreased by 52.7%.

Access Research Report of Carotid Artery Stents Market @ https://www.grandviewresearch.com/industry-analysis/carotid-artery-stents-market-report

Carotid Artery Stents Market Report Highlights

  • Based on type, the drug eluting stents(DES) held the largest market share of 78.7% in terms of revenue in 2021. DES is preferred over bare-metal stents and other stent types for carotid angioplasty and stenting
  • On the other hand, the bioabsorbable stents segment is expected to witness the fastest growth rate of 4.3% over the forecast period owing to their quick implantation, and accessibility to patients of all ages, particularly children
  • Based on material, the metal segment held the largest market share of 88.8% in 2021 due to their lower rates of stent fracture, flexibility, and biocompatibility. The polymer segment is anticipated to grow at the fastest CAGR of 5.3% over the forecast period due to its extensive use in cardiology, particularly in carotid vascular intervention as coating matrices for drug-eluting stents and stent platforms (scaffolds)
  • Based on mode of delivery, the balloon-expandable stents segment held the largest market share of 55.5% in 2021. The balloon-expandable stents are the most widely used stents for carotid arteries. On the other hand, the self-expanding stents segment is anticipated to grow at a CAGR of 2.9% over the forecast period due to their smaller delivery systems, flexibility, adapt to the vessel wall, and simpler to install
  • Based on end-use, the hospitals segment accounted for the largest market share of 89.7% in 2021 due to a growing patient base, an increase in carotid angioplasty in hospitals, and favorable reimbursement scenarios. The ambulatory surgical centers segment is anticipated to grow at the fastest CAGR of 2.8% over the forecast period because they charge 45%–60% less than hospitals do, moreover it has lower overhead, lower fixed costs, and shorter hospital stays
  • In 2021, North America dominated the market with a share of around 39.5%. According to the CDC, CAD is the most common heart disease in the U.S. and is the leading cause of death, claiming over 370,000 lives annually. Asia Pacific is expected to expand at the fastest rate of 4.0% during the forecast period pertaining to rising incidence rates of CAD in developing nations such as China and India

Carotid Artery Stents Market Report Scope

Report AttributeDetails
Market size value in 2022USD 605.6 million
Revenue forecast in 2030USD 768.0 million
Growth rateCAGR of 3.0% from 2022 to 2030
Base year for estimation2021
Actual estimates/Historic data2017 – 2020
Forecast period2022 – 2030

List of Key Players in Carotid Artery Stents Market

  • Abbott Laboratories, Inc
  • Balton Sp z o.o.
  • Boston Scientific Corporation
  • Cordis
  • InspireMD, Inc.
  • Medtronic
  • Terumo Europe NV
  • MicroPort Scientific Corporation
  • Silk Road Medical, Inc.

Access Press Release of Carotid Artery Stents Market @ https://www.grandviewresearch.com/press-release/global-carotid-artery-stents-market

Containerized Data Center Market Segmented On The Basis Of Container Type, Organization Size, End-Use Industry, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 24 July 2023: The Report Containerized Data Center Market Size, Share & Trends Analysis Report By Container Type (20 Feet Container, 40 Feet Container, Customized Container), By Organization Size, By End-use Industry, By Region, And Segment Forecasts, 2022 – 2030

The global containerized data center market size is anticipated to reach USD 56.0 billion by 2030, registering a CAGR of 25.1% during the forecast period, according to a new report by Grand View Research, Inc. Increasing demand for containerized data centers owing to its benefits such as easy and rapid deployment, high scalability, portability, and energy efficiency is driving the market growth. In addition, factors such as increasing investment in data centers and the growing adoption of cutting-edge technologies, such as the Internet of Things (IoT) and edge computing are the factors expected to attribute to the market growth during the forecast period.

The use of digital solutions amid COVID-19 has accelerated the adoption of technologies including containerization, microservices, cloud computing, blockchain and APIs in sectors such as healthcare and BFSI. Therefore, these industries are anticipated to present numerous opportunities for the growth of containerized data centers in the coming years. In June 2022, Altron A.S. announced that Prague-based multidisciplinary Hospital, Na Homolce hospital has acquired its mobile DC container data center, which provides the best backup system solution for IT infrastructure operations in different conditions.

Access Research Report of Containerized Data Center Market @ https://www.grandviewresearch.com/industry-analysis/containerized-data-center-market-report

Containerized Data Center Market Report Highlights

  • By container type, the 40 feet container segment accounted for the major revenue share of 50.6% in 2021 and is anticipated to maintain its dominance throughout the forecast period. Presence of 40-feet containerized data center providers such as IBM, Huawei Technologies Co., Ltd., ZTE Corporation, and Cisco Systems, Inc. across the globe attributed to the market growth
  • The customized container segment is expected to witness the fastest growth rate of 30.2%during the forecast period. Growing demand for containerized data centers with multiple container sizes & shapes is boosting the segment growth
  • In terms of organization size, the large size organizations segment dominated the market and captured the largest revenue share of 62.8%in 2021. Many large size organizations are adopting containerized data centers to distribute their data center assets to geographies with lower cooling and power costs and to offer computing resources to support local populations
  • The small & medium sized organizations segment is expected to witness the fastest growth rate of 25.9%during the forecast period. Increasing demand for collocation data center services by small & medium-sized businesses to avoid incurring high upfront expenses for building and running data centers is driving the segment growth
  • In terms of the end-use industry, the IT & telecommunications segment accounted for the major revenue share of 30.1%in 2021 and is anticipated to maintain its dominance during the estimated timeframe. The rapidly growing IT and telecommunications industry across the globe is creating more demand for the containerized data centers
  • The healthcare segment is expected to expand at a CAGR of 27.3% during the forecast period. With the growing use of Artificial Intelligence (AI), the Internet of Things (IoT), and smart devices, the demand for containerized data centers is expected to increase in the healthcare industry
  • North America held the largest market share of 33.8%in 2021 and is expected to retain its position during the forecast period. The increasing number of data centers that are located at the edge of the network is the major driving factor behind the market growth. Furthermore, the increasing demand for hyper-converged and hyper scale infrastructure, along with the rising number of internet subscribers is boosting the market growth
  • Asia Pacific is expected to expand at the fastest CAGR of 26.3% during the forecast period, owing to the rise in investments in the IT sector and rapid growth of end-use industries

Containerized Data Center Market Report Scope

Report AttributeDetails
Market size value in 2022USD 9,333.8 million
Revenue forecast in 2030USD 56.0 billion
Growth RateCAGR of 25.1% from 2022 to 2030
Base year for estimation2021
Historical data2017 – 2020
Forecast period2022 – 2030

List of Key Players in Containerized Data Center Market

  • Cisco Systems, Inc.
  • IBM
  • Dell Inc.
  • Vertiv Group Corp.
  • Hewlett Packard Enterprise Development LP
  • Huawei Technologies Co., Ltd.
  • Schneider Electric
  • Fuji Electric Co., Ltd.
  • Delta Power Solutions
  • Shenzhen Kstar Science & Technology Co., Ltd.
  • Rittal GmbH & Co. KG
  • ZTE Corporation

Access Press Release of Containerized Data Center Market @ https://www.grandviewresearch.com/press-release/global-containerized-data-center-market

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