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Showing posts from October, 2022

Mesenchymal Stem Cells Market to Witness Growth at 12.6% CAGR from 2022-2028

  Mesenchymal Stem Cells Industry Overview The global  Mesenchymal Stem Cells Market  size is expected to reach USD 6.1 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 12.6% from 2021 to 2028. Mesenchymal stem cells (MSCs) are set to gain popularity among healthcare professionals, to develop novel therapeutics, primarily targeted at the treatment of several immune-mediated disorders. MSCs have been acclaimed effective as a regenerative therapy for skeletal tissue repair and have recently gained traction across modulation of immune cells and endogenous tissues. Expanding clinical applications of mesenchymal stem cells, strengthening the pipeline of these therapies, along with intensifying market competition are some of the key aspects driving the industry expansion of MSCs. The recent pandemic outbreak of COVID-19 is set to propel the clinical applications and investments done in this market space. For i...

Medical Device Regulatory Affairs Market Top Manufacturer Analysis and Forecast to 2028

  Medical Device Regulatory Affairs Industry Overview The global  Medical Device Regulatory Affairs Market   size is expected to reach USD 8.6 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.6% from 2021 to 2028. Technological advancements in medical devices such as AI/Machine learning, increasing trends of portable and smaller devices, and government regulations are driving the market. Medical equipment regulation is a vast and rapidly changing field that is often complicated by legal challenges. Even within one regulatory framework, legal terms and their definitions are not always consistent. As technology expands, software, machine learning, and algorithms become an essential component of an increasing number of  digital health  resources. This presents new challenges as an increasing number of instruments fall under the regulatory framework. Also, due to COVID-19, the global regulatory l...

Viral Vector Production (Research-Use) Market Growth Forecast by Regions and Applications to 2028

  Viral Vector Production (Research-Use) Industry Overview The global  Viral Vector Production (Research-Use) Market  size is expected to reach USD 3.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 18.8% from 2021 to 2028. The expanding research base for advanced therapies has primarily driven the market for research applications including preclinical, clinical, and investigational studies. The outbreak of the COVID-19 pandemic has created lucrative opportunities for the market players, particularly in the vaccine manufacturing sector. The application of viral vectors in vaccine development against SARS-CoV-2 has witnessed remarkable growth in the fiscal year 2020. By far, the manufacturing of viral vectors for research use is impeded by a lack of production capacity to fulfill the growing market needs. Thus, operating key stakeholders are engaged in implementing new approaches to overcome these chall...

Laparoscopic Power Morcellators Market Drivers, Industry Survey and Business Development Analysis till 2028

  Laparoscopic Power Morcellators Industry Overview The global  Laparoscopic Power Morcellators Market   size is anticipated to reach USD 188.7 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.4% from 2021 to 2028. The increasing number of patients suffering from health issues such as uterine fibroids and endometriosis and the rising number of hysterectomy and  myomectomy  procedures is expected to drive the demand for laparoscopic power morcellators. The COVID-19 outbreak has led to the global implementation of strict measures to curb the spread, which has led to a drastic cancellation or halt of elective surgeries including hysterectomy and myomectomy procedures worldwide. During this time, a large number of medical device manufacturing facilities, global suppliers, and distributors have been adversely affected in several regions. However, with the abundance of postponed surgical procedures...

What are the growth opportunities and trend analysis of Cocktail Syrups Market?

Cocktail Syrups Industry Overview The global  Cocktail Syrups Market  size is expected to reach USD 5.99 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.7% from 2021 to 2028. The growing preference for cocktails among millennials is expected to be a key factor contributing to the growth of the market. Cocktail syrups eliminate the need to shop for a wide variety of ingredients and save the effort to mix them. Overall, cocktail syrups have made cocktail preparation a less time- and energy-intensive task, which encourages amateurs to try these drinks at home. Cocktail syrups offer consumers the comfort of drinking their favorite beverages at home. Over the past few years, premium cocktail syrups made with natural ingredients are gaining traction among consumers.  Cocktail  consumers are shifting from brands with poor ingredient quality and high sugar content to premium brands. Though traditional syrup...

Large Molecule Bioanalytical Technologies Market Analysis, Size, Share and Forecast Report to 2028

  Large Molecule Bioanalytical Technologies Industry Overview The global  Large Molecule Bioanalytical Technologies Market  size is expected to reach USD 13.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is estimated to expand at a CAGR of 13.5% from 2021 to 2028. The demand for  bioanalytical testing services  has significantly increased over the past few years, thereby positively impacting the growth of the market. This is primarily due to the growing R&D activities in the biopharmaceutical industry, leading to notable investments in the space. Also, the ongoing pandemic of COVID-19 has resulted in the expansion of manufacturing and R&D capabilities of key stakeholders leading to increased demand for bioanalytical testing services. The use of advanced technologies in vaccine and cell gene therapy development has led to significant growth of this space. Large Molecule Bioanalytical Technologies Market Segmentation G...

Malaysia Car Wash Service Market In-depth Analysis by Types, Application and Manufacturers till 2028

  Malaysia Car Wash Service Industry Overview The  Malaysia Car Wash Service Market  size is expected to reach USD 1.02 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.8% from 2021 to 2028. The market growth can be primarily attributed to the increasing focus of consumers on vehicle maintenance. Road dirt, particulate matter, bird droppings, and airborne pollution, along with additional contamination from salt deposits during winter months, present a constant threat to the car bodywork. This has led to an increased demand for  car wash services .  It has also been observed that clean vehicles have reduced operating costs and longer lifespans. As the lives of customers become busier, time has become even more precious. This has given rise to the trend of Do-It-For-Me (DIFM) services. Consumers across the globe are facing a time crunch due to their fast-paced lives and they have almost no time for DIY...

Treehouse Glamping Market Drivers, Regional Outlook and Business Development Analysis till 2028

  Treehouse Glamping Industry Overview The global  Treehouse Glamping Market  size is expected to reach USD 363.6 million by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.7% from 2021 to 2028. In today’s time, camping has become one of the best outdoor activities for numerous people, however, it is an unpleasant experience for some. Hence, the tourism industry has introduced a new concept called  glamping , which is a combination of camping and a comfortable, luxurious stay experience.     Numerous consumers are inclined toward the idea of treehouse glamping as it is camping for the newer generation and allows an escape without compromising on comfort. With luxury furnishings, soft beds, and the awe-inspiring experience of nature and wildlife, consumers are more drawn to the idea of treehouse glamping as compared to regular camping. Major treehouse glamping providers offer an out-in-the-wild c...

What is the Size (Volume and Value) of U.S. School Furniture Market in 2028?

U.S. School Furniture Industry Overview The  U.S. School Furniture Market  size is expected to reach USD 2.76 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.6% from 2021 to 2028. According to the National Center for Education Statistics, the number of public elementary schools increased from 98.2 thousand in 2017 to 98.5 thousand in 2018. Similarly, the number of public secondary schools increased from 66.8 thousand in 2017 to 67.4 thousand in 2018. Thus, an increasing number of schools is resulting in higher demand for  school furniture . The growing demand for flexible seating in classrooms is also expected to drive the product demand. This school furniture is designed on evolving space configurations and can help check the rising posture problems in children. These allow children to be more posture-correct and provide comfortable ergonomic options. Multiple seating options including chairs, yoga balls, co...

What is the breakup of the Spectrometry market based on the product type?

  Spectrometry Industry Overview The global  Spectrometry Market  size is expected to reach USD 24.5 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.2% from 2021 to 2028. Key players offer technologically advanced spectrometry products for several healthcare applications and have collaborated with research institutes to develop novel products. The market is expected to show potential growth in the coming future owing to the introduction of healthcare services using MALDI-TOF mass spectrometry (MS) by key players operating in the market. For instance, in November 2020, Shimadzu Corporation launched the Amyloid MS service for the early diagnosis of amyloid-positive patients in the U.S. The analysis of blood is performed using a combination of MALDI-TOF MS (IP-MS) and immunoprecipitation. Furthermore, spectrometers are widely used in drug discovery and research and development to study Drug Metabolism an...

U.S. Processed Pumpkin Market Forecast, Size and Gross Margin Analysis by 2028

  U.S. Processed Pumpkin Industry Overview The  U.S. Processed Pumpkin Market  size is expected to reach USD 2.22 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.5% from 2021 to 2028. The increasing application of processed pumpkin in the form of powder, puree, and chunks in several food processing sectors, including bakery, beverages, smoothies, confectionary, baby foods, dairy, and frozen products, is driving the market demand. Rising awareness about the nutritive value of pumpkin and a gradual shift towards healthier diets among the consumers to maintain their body weight, meet their nutritional requirements and prevent chronic diseases are expected to propel the market growth. According to a report published by the International Food Information Council (IFIC) Foundation and the American Heart Association, 95% of consumers in the U.S. sometimes or always seek healthy food choices. Dried pumpkin emerg...

Healthcare Smart Beds Market Size, Share, Growth Opportunities and Trends 2022 – 2028

  Healthcare Smart Beds Industry Overview The global  healthcare smart beds market   size is expected to reach USD 740.6 million by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.6% from 2021 to 2028. Hospital beds are the most utilized component in hospitals. Patients spend extended periods of time on these beds, which makes it vital for hospitals, nursing homes, and other healthcare settings to ensure the quality and comfort of these beds in order to aid the fast recovery of patients. The introduction and incorporation of smart technologies in hospital beds in recent years have greatly assisted nursing and healthcare staff in recording, monitoring, and analyzing minute details of the patients’ health for effective patient care. There has been a rising demand for precise and rapid medical care across the globe and early detection of any changes in vital signs is crucial for the proper monitoring of the patient. These ...

U.S. Car Wash Service Market Outlook and Forecast Analysis by Types to 2028

  U.S. car wash service Industry Overview The  U.S. car wash service market  size is expected to reach USD 20.74 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.8% from 2021 to 2028. In the U.S., more than 72% of drivers use professional  car wash services  frequently and conveyor car wash is the most revenue-generating service. The on-demand car wash platform can be a good start in this industry if service providers can get the consumers to wash their cars more frequently at these service stations. Many consumers prefer washing their cars at home owing to the high expense and time consumed at car washing stations. Therefore, on-demand car wash apps can emerge as an ideal solution to reduce the time spent at car washing stations. The low cost of gas and low-interest rates are directly proportional to the increase in the number of new cars on the roads in the U.S. This trend bodes well for the car wa...

North America Processed Meat Market Size Expected to Reach USD 34.80 Billion by 2028

North America Processed Meat Industry Overview The  North America Processed Meat Market  size is expected to reach USD 34.80 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.5% from 2021 to 2028. The market is expected to witness considerable growth in the years to come owing to a surge in the demand for easy-to-make food items. Furthermore, increasing purchasing power, coupled with a surge in the number of working-class professionals, will drive the market over the forecast period. The beef meat type segment accounted for the largest revenue share in the North American market in 2020. The rising demand for grass-fed beef products that have higher nutritional value is driving this segment. Poultry-based products are expected to exhibit the highest growth rate over the forecast period owing to their low cost and the shift in consumers’ preference for white meat instead of red meat. The chilled product segment domina...