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  Neurostimulation Devices Industry Overview The global  Neurostimulation Devices Market  size is expected to reach USD 14.8 billion by 2030, registering a CAGR of 12.8% over the forecast period, according to a new report by Grand View Research, Inc. Increasing prevalence of chronic diseases, such as migraine and epilepsy, due to unhealthy diets & lifestyle, and rising geriatric population across the globe are expected to be the major growth-driving factors for the market. On the other hand, adverse effects and risks associated with neurostimulation devices and stringent regulations regarding product approval are expected to hamper the market growth to some extent. The increasing incidence of Road Traffic Accidents (RTAs) is another key factor supporting the market development. In addition, manufacturers are investing in R&D activities to develop new products with advanced technology, such as  MRI  safety-incorporated devices by Medtronic Inc. and minima...

  Point Of Care Diagnostics Industry Overview The global  Point Of Care Diagnostics Market  size is expected to reach USD 68.59 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.50% from 2023 to 2030. The introduction of advanced technologies such as Telehealth enabled POCT is expected to fuel market growth. Furthermore, the rise in the geriatric population and their need for accessible home-based care are anticipated to drive the market. The adoption of POCT in emerging economies such as Africa and Latin America is anticipated to be a growth determinant of the global POCT market. The authorities are decentralizing the healthcare system and increasing their investments. For instance, the African regulations in Kenya allotted USD 346.7 to Managed Equipment Services project for the government's initiative toward modernizing facilities by procuring new equipment. The Ministry of Health selected GE Health and ...

  Intraocular Lens Industry Overview The global  Intraocular Lens Market  size is expected to reach USD 6.2 billion by 2030, based on a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.8% from 2022 to 2030. The rise in the geriatric and diabetic population, which is prone to develop cataracts and other visual disorders, is expected to foster market growth. In addition, rising awareness regarding visual disorders, increase in healthcare spending, and government support to improve the healthcare infrastructure are some of the significant factors boosting the growth of the market. Although the market has witnessed a bit of a downfall in overall sales during the first half of the pandemic, it is expected to recover and flourish during the forecast period. The restrictions and lockdowns imposed by the government affected the market negatively in terms of demand as well supply. While the volume of procedures drastically dropped down due to the cha...

  Men’s Personal Care Industry Overview The global  Men’s Personal Care Market  size is expected to reach USD 67.2 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.1% from 2022 to 2030. Growing popularity among men for daily skincare routines coupled with rising awareness with respect to personal grooming and hygiene is the key factor driving the market. The availability of a wide range of skincare routine products by key players and guidance by industry experts is further expected to drive the market. Most of the companies in the market have been relying on social media platforms including YouTube, Instagram, and Facebook to promote their products as one of the prominent strategies to pique consumer interest. The established players in the beauty and cosmetics market have been taking advantage of these influencers and launching innovative products specifically designed for men. For instance, in April ...

  Ready To Drink Cocktails Industry Overview The global  Ready To Drink Cocktails Market  size is expected to reach USD 2.43 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 13.4% from 2022 to 2030. The growing demand for flavored drinks with low alcohol content due to rising health concerns and increasing consumer inclination toward ready-to-eat and ready to drink products owing to busy lifestyles and hectic work schedules are driving the demand for RTD cocktails. In terms of type, spirit-based RTD cocktails emerged as the largest segment in 2021 and are anticipated to maintain their lead in the forecast period. They are popular among consumers owing to their low alcohol content and the availability of various flavors. The growing demand for low content alcohol-based flavored drinks due to the rising health concerns is anticipated to drive the spirit-based segment over the forecast period. The bottles packaging...

  Vegan Cheese Industry Overview The global  Vegan Cheese Market  size is expected to reach USD 7.10 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 12.6% from 2022 to 2030. Increasing acceptance of veganism among consumers, especially among millennials, has been fueling market growth. The growing awareness regarding animal cruelty and the negative impacts on the environment caused by the dairy industry has encouraged consumers to opt for plant-based products. The mozzarella product segment held the largest revenue share in 2021 and is expected to maintain its lead over the forecast period. Mozzarella is widely used in Italian dishes, such as pasta, pizzas, croquettes, and Caprese salad, and is available in the form of slices, cubes, shredded, and spreads. Therefore, the demand for mozzarella is significantly high in countries where Italian cuisine is increasingly popular. The cashew source segment captured the...

  Natural Skin Care Products Industry Overview The global  Natural Skin Care Products Market  size is expected to reach USD 11.87 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.6% from 2022 to 2030. Organic products are gaining traction among a growing number of consumers, driven by the rising environmental awareness globally. Usage of organically-sourced ingredients in product formulations is anticipated to surge in the next few years as per the trends observed in skin care product consumption. Natural skin care products are available in a wide variety of formulations to suit the requirements of a varied set of consumers, irrespective of their skin tone. The demand for herbal or natural skin care products is increasing rapidly owing to their perceived health benefits, such as lack of side effects and higher skin-friendliness. Moreover, natural skin care products also nourish the skin with ...

  Hard Seltzer Industry Overview The global  Hard Seltzer Market  size is expected to reach USD 57.34 billion by 2030, registering a CAGR of 22.9%, according to a new report by Grand View Research, Inc. Shifting consumer preference for low alcohol content beverages, especially among millennials and the working-class population, is expected to be a key factor contributing to the growth of the market. Hard seltzers are gaining popularity due to the rising preference for low-calorie and low-sugar alternative alcoholic drinks over traditional alcoholic beverages among the health-conscious demographics across the world. Hard seltzer flavors, such as  citrus  and other fruity flavors, are gaining popularity among consumers. The rising adoption of new flavors among consumers is likely to provide opportunities to the players operating in this market. For instance, in March 2021 Stewarts Enterprises launched Stewart’s Spiked Seltzer, a line of low-calorie hard seltzers i...

  Vegan Confectionery Industry Overview The global  Vegan Confectionery Market  size is anticipated to reach USD 2.62 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to expand at a CAGR of 11.8% from 2022 to 2030. Increasing adoption of veganism among millennials and the working population is one of the key factors driving demand worldwide. Growing awareness regarding animal cruelty and the rise in campaigns targeted at environmental protection and sustainability are also expected to contribute to the growth of the market. Vegan  chocolate confectionery  is popular among consumers following a flexitarian or vegan diet or consumers having lactose intolerance and other food allergies. Health benefits such as low-fat and low cholesterol offered by plant-based chocolates have been contributing to the market growth in recent years. Increasing consumer acceptance of plant-based products has led key market players to inve...

Vacation Rental Industry Overview The global  Vacation Rental Market  size is expected to reach USD 119.0 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.3% from 2022 to 2030. Owing to the comfort, low cost, more privacy, and kids and pet-friendly nature of accommodation, travelers are more inclined towards vacation rental property and homes over hotels. Moreover, vacation rentals offer a variety of high-quality, affordable accommodation options at several destinations, which is likely to boost the growth of the market. As per the Turnkey blog in 2019, the industry is at roughly a 10% growth rate this decade, largely affected by travelers’ desires to stay in a home instead of a hotel. According to the TurnKey Vacation Rentals’ 2019 Consumer Travel Survey, 64% of travelers preferred staying in vacation rentals as opposed to hotels, which is up by 10% from the 2018 Consumer Travel Survey. Additionally, the evolving ...

  Smart Home Security Camera Industry Overview The global  Smart Home Security Camera Market  is expected to reach USD 30.10 billion by 2030, registering a CAGR of 18.7% from 2022 to 2030, according to a new report by Grand View Research, Inc. Rapid growth in smart home penetration across North America is positively impacting the demand for smart home security cameras. The rapid adoption of IoT in  smart homes  is also supporting market growth. Consumers are shifting from traditionally mountable Wi-Fi cameras to the deployment of smart home security cameras to increase the security of their premises. These advanced smart home security cameras offer several benefits, which boost their installation in many households across the region. The ease of installation and easy availability of smart home security cameras drive the product demand. In September 2021 Blink launched a new USD 50 video doorbell. The Blink Video Doorbell is wired as well as wire-free a...

  Kids Furniture Industry Overview The global  Kids Furniture Market  size is expected to reach USD 184.52 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 18.9% from 2022 to 2030. With the exponential growth of the residential sector in countries and increased demand for vertical apartments and luxury housing facilities, buyers are taking a keen interest in decorating their homes, kids’ rooms, living rooms, and bathrooms with modern and space-saving furniture. Moreover, the increase in the number of daycare and crèche facilities in both schools as well as office compounds has resulted in an increased demand for kids’ furniture in these facilities. Moreover, consumers prefer to purchase kids furniture through online portals and official websites in order to receive value-added services such as cash on delivery, return policy, and aftersales service. Discounted prices, festive season sales, and the availability o...

  Tabletop Kitchen Products Industry Overview The global  Tabletop Kitchen Products Market  size is expected to reach USD 59.81 billion by 2030, registering a CAGR of 4.1% over the forecast years, according to a new report by Grand View Research, Inc. rising disposable incomes, changing lifestyles, and an increasing number of houses are expected to drive the product demand over the forecast period. Furthermore, the evolution of self-service kiosks and the popularity of buffet systems in restaurants have also resulted in the growing adoption of tabletop kitchen products. Moreover, the increasing influence of culinary arts on consumers, coupled with the growing number of luxury hotels and high-end restaurants, further supports the demand for kitchen knives in the commercial segment. The tourism industry is flourishing, and consumers are increasingly willing to spend on exploring exotic destinations and staying in luxury hotels. This factor has also broadened the scope for c...