Fetal And Neonatal Care Equipment Market Worth $10.6 Billion By 2026

The global fetal (labor & delivery) and neonatal care equipment market size is expected to reach USD 10.6 billion by 2026 expanding at a CAGR of 6.9%, based on a new report by Grand View Research, Inc. Fetal and neonatal care devices consist of a variety of equipment that are designed to monitor and detect complications in newborn babies. The market growth can be attributed to factors such as a growing birthrate in developing countries coupled with rising prevalence of associated premature births also known as preemies.

Furthermore, neonatal hospital-acquired infections such as Central Line-Associated Bloodstream Infections (CLABSI) and healthcare-associated pneumonia are additional notable factors responsible for the market growth. Various aspects such as delayed maternal age, induced fertility, and lack of proper prenatal care are considered to be major factors contributing to the birth of premature babies.

According to the WHO estimates, 15 million neonates are born annually and a million were reported to die from preterm birth complications in 2015. To address the complications associated with babies born prematurely, the demand for fetal and neonatal care equipment is expected to rise significantly. In addition, consequences of supportive government policies coupled with rapid technological advancements in modern fetal and neonatal medical equipment is expected to contribute for growth in the long term.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/fetal-labor-and-delivery-and-neonatal-equipment-market

Further key findings from the study suggest:

  • Fetal care equipment accounted for the largest share of the market in 2018, however neonatal care equipment is expected to grow at a rapid rate during the forecast period.
  • Increasing complications during birth, increasing number of separate facilities for fetal & newborn care, and technological advancement in the fetal & neonatal care field are the key driving factors of the market. For instance, in February 2019, the University of Chicago Medicine launched Fetal and Neonatal Care Center (FNCC). The center offers one stop access to various specialists.
  • North America held the largest share in the fetal and neonatal care equipment market in 2018 due to the high awareness about neonatal and fetal care along with large number of neonatal intensive care unit (NICU) admissions.
  • The Asia Pacific region is projected to grow at the highest rate during the forecast period owing to aspects such as high birth rate in some Asia Pacific countries such as India & China and rising awareness programs for the improvement of fetal care & neonatal care.
  • In July 2013, largest Neonatal Intensive Care Unit in Southeast Asia became operational in Singapore. The facility is equipped with advanced equipment and technology.
  • The major players operating in the global fetal and neonatal care equipment market include Becton, Dickinson and Company, GE Healthcare, Koninklijke Philips N.V, THE DRAGER GROUP, Natus Medical Incorporated, Masimo Corporation, and Medtronic.
  • Mergers & collaborations and product development are the key strategies being undertaken by the market players. For instance, in June 2019 Clinical Computer Systems, Inc. entered into an agreement with Huntleigh Healthcare Limited to commercialize OBIX BeCA, a fetal monitor, in the U.S.

Orthopedic Biomaterials Market Size Worth $23.5 Billion By 2025

The global orthopedic biomaterials market size is expected to reach USD 23.5 billion by 2025 registering a CAGR of 10.3%, according to a new report by Grand View Research, Inc. Increasing incidence of degenerative joint disease and musculoskeletal disorders is the key factor driving the market. In addition, increasing geriatric population susceptible to orthopedic conditions arising due to low bone density and advancing bone related disorders is expected to boost the product demand over the forecast period.

Ceramics & bioactive glass was the dominant material type segment in 2018 on account of growing demand for these materials due to their high compression strength. In addition, ceramics & bioactive glass biomaterials are preferred over their counterparts as they have a high affinity to integrate with the surface material of the bone. However, polymer biomaterial segment is expected to witness the fastest CAGR from 2019 to 2025 owing to high usage of these materials for the reconstruction and fixation procedures of the spine, hip, and knee.

Orthopedic implants led the application segment in 2018 and are expected to remain dominant over the forecast period. Increasing number of trauma cases is one of the major factors driving the growth of this segment. Orthobiologics segment is anticipated to witness the fastest CAGR of 10.8% from 2019 to 2025. Increasing adoption of biomaterials in various orthobiologics for the treatment of spinal and other reconstructive surgeries is anticipated to drive the growth of this segment.

Led by U.S. North America led the market in 2018 owing to high demand for joint replacement/reconstruction, bone repair, and, other orthopedic procedures due to the presence of target population. Moreover, rise in the demand for advanced treatment options coupled with increasing awareness about bio-resorbable products is expected to drive the product demand in future.

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https://www.grandviewresearch.com/industry-analysis/orthopedic-biomaterials-market

Further key findings from the study suggest:

  • North America accounted for the largest revenue share in 2018 owing to large patient pool and high awareness regarding the use of bio-resorbable biomaterials
  • Ceramics and bioactive glass segment led the market in 2018 owing to increased usage of these biomaterials for the restoration of damaged tissue and fixation surgeries and joint replacement surgeries
  • Orthopedic implants was the dominant application segment in 2018 due to an increased number of trauma cases worldwide
  • Some of the key companies in orthopedic biomaterials market are DSM Biomedical; Evonik Industries AG; Stryker Corp.; DePuy Synthes, Inc.; Zimmer Biomet; Invibio Ltd.; Globus Medical; Exactech, Inc.; Matexcel; AdvanSource Biomaterials Corp.; CAM Bioceramics B.V.; and Heraeus Holding

Vascular Grafts Market Size Worth $3.30 Billion By 2026

The global vascular grafts market size is projected to reach at USD 3.30 billion by 2026 expanding at a CAGR of 6.4%, according to a report by Grand View Research, Inc. Endovascular stent grafts dominated the market in 2018 and is expected to be the second fastest-growing segment over the forecast period. Increasing prevalence of cardiovascular aneurysms is the leading cause of rise in demand for endovascular stent grafts. Low levels of physical activity, sedentary lifestyle, and substance abuse are some of the key factors leading to the high prevalence of renal and Cardiac Diseases (CVDs) globally. The impact of these factors is especially high in developed economies, such as North America and Europe. However, it is expected to shift towards emerging regions, such as Asia Pacific and Latin America, owing to changing demographics.

Key factors attributed to higher impact in these countries are increasing prevalence of aforementioned diseases in geriatric population, rising disposable income, and changing lifestyle patterns. Polytetrafluoroethylene (PTFE) raw material segment led the global market in 2018 with a revenue of USD 710.3 million. The segment is anticipated to expand at the fastest CAGR over the forecast period on account of PTFE graft’s advantages, such as protection against delamination and minimal blood loss. Asia Pacific is expected to be the fastest-growing market with a CAGR of 7.5% over the forecast period due to increasing public and private healthcare expenditure and availability of healthcare insurance across urban and rural centers.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/vascular-graft-market

Further key findings from the study suggest:

  • Endovascular stent grafts led the market in 2018 as a result of increased prevalence of cardiac aneurysms caused due to sedentary lifestyle and other occupational factors
  • PTFE grafts led the raw materials segment in 2018 owing to their advantages, such as minimal blood loss and maximum protection against delamination
  • Moreover, technological advancements in PTFE-based products is anticipated to drive the segment further
  • North America was the dominant regional market with a revenue of USD 620.9 million owing to high prevalence of CVDs and kidney diseases
  • The region is projected to maintain the dominance in future due to the presence of advanced healthcare facilities and reimbursement policies
  • Some of the key companies in this market include Medtronic, plc; LeMaitre Vascular Inc.; Terumo Corp.; Getinge AB; W.L. Gore and Associates, Inc.; and Cook Medical, Inc.
  • These companies focus on technological innovations, new product launches, and regional expansion to gain a competitive edge

Moringa Products Market Worth $10.9 Billion By 2025

The global moringa products market size is expected to reach USD 10.9 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 10.4% over the forecast period. Growing need for nutritional supplements, improving health awareness among people, and shifting focus towards organic medication are the key factors for industry growth.

Increase in awareness among consumers regarding health benefits of moringa is one of the major reasons for the market growth. It has antifungal, antiviral, antidepressant, and anti-inflammatory properties, which are beneficial in healing various diseases. Additionally, it can be easily grown in tropical and subtropical regions with low cost, thereby resulting in increased usage of the plant in various applications. It is also one of the best products to treat malnutrition children younger than 3 years. Considering all these factors, demand for moringa is increasing in the market.

Moringa contains various healthful compounds such as vitamin A, vitamin B1, folate, calcium potassium, iron, and zinc. It is also extremely low in fats and contains no harmful cholesterol. The antibiotic and antibacterial properties of this plant may help inhibit the growth of various pathogens, and its high vitamin B content helps with digestion. Among all the vegetables, moringa is commonly used by South Indians for its flavor and delicious taste in Sambar and Curry preparation. Rising demand for the product due to its rich nutritional properties and low price is boosting the growth of this moringa products market.

Europe was the largest regional market in the year 2018 owing to growing demand for nutritional supplements. In 2018, U.S was the largest market with more than 75.0% share in North America. Rising awareness regarding organic health supplements is a major factor boosting the regional market growth. Growing trend of calorie reduction and weight management is also driving the regional market since moringa helps in reducing weight gain. Majority of the Americans prefer supplements over their daily diets. Moringa is an additional source of multivitamins, antioxidants, amino acids, and other nutrients. Due to all these health benefits, demand for this plant based product is rising among individuals, thereby boosting regional moringa products market growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/moringa-products-market

Further key findings from the study suggest:

  • The leaf powder segment is projected to expand at a CAGR of 11.2% over the forecast period
  • The online distribution channel will register the highest CAGR of 11.6% through 2025
  • U.S., China, Germany, Ethiopia, and Brazil are the major countries accounting for the largest market share in their respective regions.

Sunglasses Market Size Worth $17.0 Billion By 2025

The global sunglasses market size is expected to reach USD 17.0 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.3% over the forecast period. The market is expected to witness significant growth due to rising consumer preference for luxury and premium sunglasses, along with increasing disposable income.

Non-polarized sunglasses accounted for the largest market share in 2018 owing to easy availability and cheap pricing. Moreover, these sunglasses are available in many dark shades, which protect the eyes from the harmful sun rays. Polarized sunglasses are anticipated to expand at the highest CAGR of 2.6% from 2019 to 2025. Apart from providing 100% protection from the UV rays, these glasses also provide clear vision as compared to non-polarized glasses. Increasing awareness concerning eye health and harmful effects of sun rays and other emissions is expected to influence the consumer purchasing decision.

Offline distribution channel dominated the market in 2018. Many brands have their personalized stores worldwide to provide customer service and increase their distribution in the market. Customer preference to try out various pairs of sunglasses before purchasing is driving the market demand in this segment. Online distribution is expected to witness accelerated growth in the forecast period as manufacturers are increasing their advertising and promotional activities via digital channels. This distribution channel allows the manufacturers to reach out to a wider audience in less cost.

Europe held the largest market share in terms of revenue in 2018 due to the presence of major players and latest fashion trends followed in this region. Asia Pacific is anticipated to witness substantial growth due to increasing penetration of major brands in this region. Changing consumer preference driven by high disposable income is another factor propelling the market growth in this region.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/sunglasses-market

Further key findings from the report suggest:

  • In terms of revenue,online distribution channel is projected to expand at a CAGR of 2.5% over the forecast period
  • By product, the non-polarized segment dominated the market in 2018 owing to high visibility of the product in the emerging market
  • Europe held the largest sunglasses market share in 2018 owing to presence of major eyewear manufacturers in the region
  • The industry is highly competitive with a monopoly created by Luxottica Group. Various eyewear brands like Ray-Ban, Oakley, Sunglass Hut, Persol, and Vogue have been acquired by Luxottica to expand its brand portfolio in the market
  • In January 2017, Essilor, one of the major eyewear manufacturers, merged with Luxottica. This move was initiated to expand Luxottica’s brand portfolio and improve market penetration of Luxottica by leveraging Essilor’s target markets.

Seaweed Snacks Market Worth $3.36 Billion By 2027

The global seaweed snacks market size is expected to reach USD 3.36 billion by 2027 registering a CAGR of 10.8%, according to a new report by Grand View Research, Inc. The increasing demand for healthy snacks and better-for-you foods has been boosting the market growth. Seaweed is a rich source of vitamins, minerals, antioxidants, fiber, protein, iodine, amino acid, folic acid, calcium, omega-3 fatty acid, and potassium. These nutritional contents of seaweed products offer several health benefits, such as improved function of thyroid gland, enhanced gut health, and decreased cholesterol level. Furthermore, these products are naturally free from gluten, GMOs, and allergens, which also drives their demand. The strips & chips product segment dominated the market accounting for more than 50% share of the global revenue in 2019.

Nori strips and dried or roasted seaweed strips are the most common products in the market. These low-calorie and nutritious strips have become a healthy alternative to the high-calorie chips. Furthermore, the launch of various flavors, such as Korean BBQ, wasabi, sweet onion, teriyaki, and chili lime, is expected to expand the consumer base of the market in the upcoming years. Asia Pacific held the largest market share of over 50% in 2019 and will retain its dominant position throughout the forecast period as seaweed is one of the staple foods of Asian countries including China, South Korea, and Japan. However, North America is expected to register the fastest CAGR over the forecast period due to high product demand as a result of rising health concerns.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/seaweed-snacks-market

Further Key Findings from the Study Suggest:

  • North America is expected to register the fastest growth with a CAGR of 11.3% from 2020 to 2027 owing to the rising health concerns
  • The strips & chips product segment led the global market in 2019 and held over 50% of the global revenue share
  • Asia Pacific is estimated to be the largest regional market by 2027 due to the wide availability of raw materials
  • The online distribution channel segment is expected to register the fastest CAGR from 2020 to 2027 due to the increasing adoption of e-commerce across the globe

Dairy Products Market Size Worth $586.11 Billion By 2027

The global dairy products market size is anticipated to reach USD 586.11 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.5% from 2020 to 2027. Rising demand for dairy products and growth of the modern retail and logistics facilities are some of the major factors driving the market growth. The rising popularity of innovative dairy products, such as low-fat butter, no-sugar flavored milk, and flavored cheese, is also driving the market. However, the rise of veganism and vegan diet, especially in North America and Europe, is expected to restrict market growth.

In terms of product, milk emerged as the largest segment in 2019 as it is considered an essential source of protein and calcium that helps in bone development. Moreover, milk products, such as flavored milk and low-fat milk, have higher demand. The online distribution channel segment is likely to ascend at the fastest CAGR over the forecast period as online platforms provide a wide range of products. In addition, such channels provide many discounts and cashback offers. The rising usage of the internet and improving online connectivity are expected to drive the segment growth further.

Asia Pacific is anticipated to emerge as the fastest-growing regional market from 2020 to 2027 due to the growing demand for cheese and yogurt in countries like China and India. The development of modern retail and logistics in these countries is also propelling the demand for dairy products. A busier lifestyle and a rising focus on health and wellness have resulted in the increased consumption of packaged dairy products. The trend is expected to grow significantly in the coming years, thereby supporting market growth. In addition, rapidly expanding e-commerce sector in the region due to increasing internet penetration and reliability is expected to boost product sales through online distribution channels.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/dairy-product-market

Further key findings from the report suggest:

  • In terms of product, the milk segment accounted for the largest revenue share of over 32% in 2019
  • Europe held the largest share of more than 31% in 2019 due to high consumption of cheese in countries including Germany, France, Italy, and Spain
  • Asia Pacific is projected to ascend at the fastest CAGR of 4.8% from 2020 to 2027 due to the rising demand for milk products in emerging economies including China, India, and Bangladesh

Wound Closure Devices Market Size Worth $22.98 Billion By 2026

The global wound closure devices market size is expected to reach USD 22.98 billion by 2026, expanding at a CAGR of 7.1%, according to a new report by Grand View Research, Inc. Increasing prevalence of chronic injuries, technological advancements, and rising number of road accidents and surgeries are expected to propel market growth.

Rising incidence of road accidents across the globe has led to increase in demand for various wound closure devices. For instance, as per the reports on Road Traffic Injuries by WHO, every year 20 million to 50 million people suffer from some kind of injuries or disabilities resulting from road accidents. Moreover, increasing prevalence of burn and trauma cases globally is anticipated to drive the market. For instance, as per WHO (2018), around 1,000,000 people suffer from severe or moderate burns in India, each year. In addition, as per the National Center for Biotechnology Information (NCBI), in 2017, countries such as Bulgaria, Finland, the Netherlands, and China reported a rise in incidence of burn injuries. Wound closure devices, such as adhesives, staples, and sutures, are required for the treatment of such injuries.

North America held the largest market share in 2018 owing to the presence of key players in the region. Rising awareness among patients regarding the benefits of surgeries in providing quick relief from pains is driving regional growth. Key players operating in the North America market include B. Braun Melsungen AG; 3M; Medtronic; Johnson & Johnson Services, Inc.; and Baxter. The Asia Pacific market is expected to exhibit the fastest growth rate over the forecast period owing to surge of medical tourism.

Some of the products offered by key players are STRATAFIX suture by Johnson & Johnson, TISSEELfibrin sealant by Baxter, Biatain Adhesive and Biatain Ag Adhesive by Coloplast Corp., and APPOSE Single Use Skin Stapler by Medtronic.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/wound-closure-devices-market

Further key findings from the study suggest:

  • On the basis of product, sutures held the largest market share in 2018 owing to rising number of surgeries and increasing incidence road accidents, burn cases, and trauma events across the globe
  • The hospital segment held the largest market share in 2018 owing to surge in the number of cosmetic and plastic surgeries
  • The acute wound segment held the dominant market share in 2018, driven by increasing number of burn cases across the globe
  • The Asia Pacific wound closure devices market is anticipated to witness the fastest growth over the forecast period thanks to rising medical tourism in this region and increasing healthcare expenditure
  • Prominent players in the market include 3M; Johnson & Johnson Services, Inc.; B. Braun Melsungen AG; Medtronic; Baxter; Integra LifeSciences Corporation; and Smith & Nephew.

Powered Surgical Instruments Market Size Worth $2.8 Billion By 2026

The global powered surgical instruments market size is expected to reach USD 2.8 billion by 2026, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 3.8%. Increasing number of surgical procedures, coupled with technological advancements, is anticipated to drive the market. Moreover, increasing awareness and affordability of plastic or reconstructive surgeries and surgeries for sports injuries is likely propel growth over the forecast period.

Increase in factors such as demand for minimally invasive surgeries & robot-aided procedures as well as improving accessibility to healthcare is contributing to growth. In addition, increasing geriatric population and rising awareness about availability of surgical procedures are likely to boost the market.

Increase in number of road accidents and rising healthcare expenditure in emerging economies are other factors likely to boost revenue generation in the market. According to the U.S. Census Bureau, the global healthcare expenditure is expected to reach USD 18.28 trillion by 2040, growing at a CAGR of 2.6%. According to WHO, the global population aged 60 years and above is expected to reach 2 billion by 2050, from 900 million in 2015. This demographic is more susceptible to a vast number of diseases, increasing the need for effective treatments, thereby boosting the market.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/powered-surgical-instruments-market

Further key findings from the study suggest:

  • North America accounted for the largest share of over 42.0%, owing to high prevalence of chronic disorders, favorable reimbursement policies, presence of key players, and government initiatives.
  • Asian countries are estimated to show the highest growth rate of 5% over the forecast period, due to an increasing adoption of advanced technologies, increasing investments, improving reimbursement scenario, and increasing medical tourism.
  • Handpiece powered surgical instruments is expected to dominate over the forecast period. It accounted for more than more than 40.0% of share in 2018.
  • Based on application, orthopedic, followed by cardiovascular surgery, were leading segments in the market, owing to high use of powered instruments, rising geriatric population, and growing incidence of osteoporosis and heart conditions.
  • Key players in powered surgical instruments market are opting for strategies, such as partnerships & acquisitions, introduction of new products, and investments in new technologies, to expand their product portfolio and to strengthen global footprint. For instance, in November 2018, Stryker Corporation announced acquisition of K2M Group Holdings, Inc., thereby expanding its product portfolio.

Electrophysiology Devices Market Size Worth $12.2 Billion By 2026

The global electrophysiology devices market size is expected to reach USD 12.2 billion by 2026, according to a new report by Grand View Research, Inc. expanding at a CAGR of 11.70% over the forecast period. The demand for electrophysiology devices is expected to increase owing to growing old age population and frequent cardiac arrhythmias incidents. Adoption of ablation and diagnostics techniques among physicians has resulted in increased usage of the product in the past few years and is likely to drive market growth. Development of new devices such as Nanostim-dual-chamber leadless pacemaker is also anticipated to fuel demand in the market.

Cardiac ablation has gained popularity as the first-line treatment, rendering a 95% success rate for several rhythm disorders and is anticipated to be a key driving factor for growth. Diagnostic electrophysiology catheters are estimated to grow at high CAGR in the foreseeable future. Technological developments such as laser ablation, cryo-ablation, and ultrasound ablation, coupled with optimized mapping techniques are anticipated to augment market growth over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/electrophysiology-devices-market

Further Key Findings from the Study Suggest:

  • Electrophysiology diagnostic devices held a major share in the application segment in 2018. Collectively, cardiac monitors held the largest market share in electrophysiology diagnostic segment. The devices include Holter monitors, ECG monitors, and Insertable Cardiac Monitors (ICM). Growth can be attributed to increasing usage of digital and portable systems in the ambulatory setting and improving diagnostic interventional capabilities of healthcare consultants.
  • EP mapping and imaging systems are anticipated to grow rapidly during the forecast period. Technological improvements such as Optima IGS 320 and GE Healthcare’s Innova IGS 520 are projected to provide future opportunities for growth. These are dose efficient products and cardiac imaging systems that allow interventional cardiologist to perform compound interventional procedures with accuracy and ease.
  • Electrophysiology treatment devices include pacemakers, implantable cardioverter defibrillators (ICD) and catheters. Pacemakers emerged as the largest treatment devices segment in 2018 owing to rising prevalence of different types of arrhythmia among the population and extensive usage of cardiac rhythm management devices. However, rising costs related to the product, existence of strict regulations and accessibility of substitute therapies are anticipated to hamper the growth. Automated external defibrillators (AEDs) are expected to witness high growth rate during the forecast period attributed to increasing use in treating out-of-hospital cases of cardiac arrest.
  • North America held the largest market share in 2018 owing to a high patient base of cardiac arrhythmia resulting from unhealthy lifestyle habits. Increasing demand for the latest healthcare infrastructure and rising consumer awareness are anticipated to propel growth.
  • Asia-Pacific is a lucrative market owing to the high rate of unmet medical requirements leading to an increase in the number of patients. Rapid developments in healthcare infrastructure and increase in disposable income in emerging economies such as India and China are expected to provide new avenues and opportunities for companies to capitalize over the forecast period.
  • There are top 4 players who command around 60% of the electrophysiology devices market. Boston Scientific Corporation, Medtronic Plc., Abbot Laboratories, and Biosense Webster, Inc., is predominantly led by powerful product portfolios and significant brand recognition. Other players include Biotronik SE & Co. KG.