Oral Irrigator Market Size Worth $1.1 Billion By 2026

The global oral irrigator market size is expected to reach USD 1.1 billion by 2026, according to a new report by Grand View Research, Inc., registering a 3.4% CAGR during the forecast period. Introduction of technologically advanced dental care products and growing incidence of oral diseases, such as dental caries and periodontitis, are majorly driving the market.

Easy availability of oral irrigators for end users like dentists and consumers is one of the drivers of the global oral irrigator market. These are available through various online portals such as Amazon, eBay, and AliExpress, and medical stores.

Initiatives by various dental organizations and agencies, especially in developing countries such as India, are significantly impacting market growth. In India, agencies such as eDantSeva, National Tobacco Control Programme (NTCP) and National Institute of Cancer Prevention and Research (NICPR) conduct programs for increasing awareness regarding dental hygiene and habits, further propelling the market.

Oral irrigators are expensive as compared to traditional floss products, which is hampering oral irrigator market growth. Nonetheless, value benefits offered by manufacturers for the promotion of technologically advanced products, along with increasing pricing competition, is estimated to lower the impact of high costs and increase its popularity among consumers. This is likely to help shift individual preference from tradition flossing methods to using efficient oral irrigators.

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

Further key findings from the study suggest:

  • Cordless product variants formed the leading segment owing to features such as safety, portability, and reasonably priced. The countertop segment is also likely to witness steady growth owing to convenience as they do not require charging like cordless devices
  • Product adoption for home use has been on a rise owing to increasing popularity of technologically advanced products and growing awareness regarding benefits of regular flossing and good dental hygiene
  • Increasing prevalence of teeth and gum disorders on a global scale, rise in population in developing economies, and increase in spending power of consumers are anticipated to majorly drive the oral irrigator market
  • Some of the key players in the market are Church & Dwight Co., Procter & Gamble, Jetpik, Aquapick, and Conair Corporation.

Cold Chain Packaging Market Worth $63.1 Billion By 2027

The global cold chain packaging market size is anticipated to reach USD 63.1 billion by 2027, expanding at a CAGR of 19.4% from 2020 to 2027, according to a new report by Grand View Research, Inc. The key drivers attributing to the market expansion include a significant boost in demand for cold chain packaging solutions from the pharmaceutical industry. Amidst the coronavirus pandemic, the trade and transit of temperature-sensitive drugs, medicines, and test samples are drastically increasing. Along with the pharmaceuticals market, the packaging market is anticipated to witness significant growth. The overall market growth is profoundly influenced by the high demand for perishable goods worldwide and the availability of fresh food and frozen food supplies.

The growing popularity of e-commerce as a channel for purchasing fresh goods drives the market growth. The increasing usage of e-commerce websites and mobile apps has enabled customers to order preserved food, fresh vegetables, dairy products, and daily meals. Digital retailing has given enabled consumers to purchase products from anywhere they want. The rising trend of online purchases for perishable products has led to new opportunities and challenges. These include the need for innovative solutions to provide the critical service of last-mile delivery, automated warehouse facilities to manage inventories and to reduce per-item costs, and advanced cold chain packaging solutions that would maintain the safety of fresh food products.

North America dominated the market for cold chain packaging in 2019 and is estimated to continue leading over the forecast period leveraging the high consumption rate of meat, processed food, and dairy products. Additionally, the regional market is highly fragmented with numerous market players, which has increased the regional market share. However, the current economic and political scenario has impacted industry growth. The trade conflict between the U.S. and China is expected to negatively impact the growth of the cold chain market in the U.S. In early 2018, China announced a 15% to 25% tariff on products imported from the U.S., including pork, fruits, wine, nuts, and vegetables. This high tariff imposed on food and agriculture products is expected to hinder the regional market growth.

The Middle East and Africa market for cold chain packaging is anticipated to register the highest CAGR over the forecast period on account of significant improvements in material handling, warehousing, intralogistics, and supply chain solutions. The Asia Pacific regional market is estimated to witness a significant CAGR of more than 21% from 2020 to 2027. The growth is attributed to the ever-increasing population, rapid industrialization, continued rollout of transportation and warehousing networks, and the rise in demand for processed and canned food items.

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https://www.grandviewresearch.com/industry-analysis/cold-chain-packaging-market

Further key findings from the study suggest:

  • Amid the COVID-19 pandemic, governments across the globe are emphasizing on providing ample medicinal supply to the healthcare facilities. With the increasing tests per day, the transit of blood samples is also increasing, thereby increasing the need for reliable temperature-controlled packaging solutions in the pharmaceutical and healthcare industry.
  • The evolution of the smart technologies, such as smart boxes or smart temperature-controlled packaging solutions that provide real-time data on variations in temperature, humidity, and air pressure, is expected to drive the future growth of the market.
  • The increasing emphasis on low ozone depletion potential (ODP) and low global warming potential (GWP) gases is expected to boost demand for natural and inorganic refrigerants such as ammonia and carbon dioxide.
  • The fruits & vegetable segment is expected to grow at a significant compound annual growth rate (CAGR) of more than 20% from 2020 to 2027 owing to the increasing demand for fresh vegetables and fruits from end consumers across the globe.
  • Market players are expanding their regional presence through mergers, acquisitions, and partnerships by establishing a network of distributors located in different regions. For instance, Pelican Products, Inc. has a network of dealers located in South America (NatBio), Asia Pacific (Giddi Pharma, Pharmaserv Express, and others), and Europe (DS Smith).
  • Some of the key industry participants are Cold Chain Technologies, Cryopak A TCP Company, Pelican Products, Inc., Sofrigam, and Sonoco ThermoSafe.

Virtual Data Room Market Worth $4.12 Billion By 2027

The global virtual data room market size is estimated to reach USD 4.12 billion by 2027, registering a CAGR of 14.7% from 2020 to 2027, according to a new study by Grand View Research, Inc. Rapidly growing demand for highly secured solutions to share extremely confidential documents between companies during mergers and acquisitions activities is the key factor driving the market growth. A Virtual Data Room (VDR) is a web-based document repository platform in which enterprises can store their highly confidential files and provide access to authorized persons.

In a bid to collaborate and exchange secret documents swiftly and privately, several legal and government agencies are aggressively adopting virtual data room solutions, thereby fueling the overall demand. The virtual data room solutions have witnessed widespread adoption across healthcare industries for not only delivering enhanced safety for the crucial documents used in clinical trial applications but also for the support in/out-licensing of medicines. As a result, it is estimated to boost the healthcare and life sciences segment growth from 2020 to 2027. Moreover, rising concerns over data security, coupled with stringent data protection regulations like General Data Protection Regulation (GDPR) across European countries and other nations, allow several enterprises to deploy secure solutions, which help them comply with these modern data protection regulations during the exchange of information. Therefore, it is anticipated to fuel the demand for virtual data room solutions across businesses.

With the growing trend to share confidential documents with their vendors and internal employees anytime without using firewalls, the demand for virtual data room is expected to gain momentum among corporate businesses over the forecast period. Additionally, to access secured and organized essential information from anywhere by the busy board members in any organization is expected to surge the VDR demand globally. Furthermore, the virtual data room helps real estate investors, managers, and brokers doing due diligence during many applications, including property exchange, advisory services, and property purchase and sales. Resultantly, it is estimated to propel the adoption of VDR solutions across the real estate industry. Furthermore, the significant focus on providing an AI-powered virtual data room solution helps key market players strengthen their market position globally.

Due to the COVID-19 pandemic, the mergers and acquisitions activities have seen a notable decline during the time. Therefore, it is anticipated to hinder the growth of the VDR market over the forecast period.

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https://www.grandviewresearch.com/industry-analysis/virtual-data-room-market

Further key findings from the report suggest:

  • In 2019, North America accounted for a market size of USD 596.74 million in the global market, attributed to the significant investments made by leading market players such as Datasite and Intralinks Holdings, Inc.
  • With the high focus in developing innovative and new solutions by the key market players, the AI-powered virtual data room solution is estimated to witness massive growth over the forecast period.
  • Cloud-based virtual Data Room solutions are expected to witness remarkable growth over the forecast period on the back of benefits associated with accessibility and infrastructure costs.
  • Rapidly increasing demand for robust and secured solutions across several investment firms and other financial institutions is estimated to surge the adoption of virtual data room solutions over the next seven years.
  • The significantly increasing number of start-ups and mergers and acquisition activities across key emerging countries such as India and China are further estimated to boost the Asia Pacific growth in the market from 2020 to 2027.
  • Prominent players such as Datasite, Multipartner S.p.A., and Intralinks Holdings, Inc., and others are strategically focusing on broadening their solutions offerings to a wide range of customers and subsequently increases the total market share.
  • Prominent players in the market include Datasite, iDeals Solutions Group, DealRoom Inc., Intralinks Holdings, Inc., SecureDocs, Inc., FirmRoom, FORDATA sp. z o.o., Citrix Systems, Inc., CapLinked, EthosData, Ansarada Pty Ltd., Firmex Inc, Brainloop AG Onehub Inc., ShareVault (Pandesa Corporation), SmartRoom (BMC Group), Multipartner S.p.A., Uniscon GmbH, Aversure AB, Ruby Datum, Drooms, and Imprima

Remote Sensing Technology Market Size Worth $29.61 Billion By 2027

The global remote sensing technology market size is expected to reach USD 29.61 billion by 2027, expanding at a CAGR of 11.6% from 2020 to 2027, according to a study conducted by Grand View Research, Inc. Remote sensing technology is used to detect and monitor land and weather characteristics by measuring the reflected sunlight and emitted radiation from a satellite or an aircraft. Cameras fitted on the satellite and the aircraft to collect the remotely sensed images, which help organizations observe and analyze the land and forecast weather accordingly. The market is primarily driven by rising investments in earth observation projects. For instance, in August 2020, Indian earth observation startup Pixxel announced it raised investments worth USD 5 million for a constellation of Earth observation satellites.

The growing adoption of precision farming is expected to augment the market growth over the forecast period. The technology is used to identify crop conditions, determine the soil content such as moisture, and estimate the crop production. The health of crops is determined using remote sensing technology to reduce fertilizer usage, which reduces additional costs incurred by farmers. Moreover, the COVID-19 pandemic outbreak has led to the demand for remote sensing technology to monitor and curb the spread of the virus. The technology also helps to keep track of population concentration, determine mobility patterns, and document environmental changes.

The market comprises a high degree of competition due to the presence of numerous companies operating at the global level. These companies are focusing on enhancing their product portfolio to maintain and increase their market share. For instance, in October 2019, Hexagon AB announced the launch of its Power Portfolio which includes the latest version of remote sensing, Geographic Information System (GIS), and cartography products. The new versions have machine learning capabilities that help users address big data management issues.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/remote-sensing-technologies-market

Further key findings from the report suggest:

  • The passive remote sensing segment is anticipated to expand at the fastest CAGR exceeding 8% over the forecast period owing to the rising adoption of passive sensor technology in earth observation satellites
  • The military and intelligence segment held the largest market share of 32.25% in 2019. This share is attributed to the increasing usage of remote sensing technology for surveillance applications
  • The aerial systems segment is projected to expand at the fastest CAGR of over 8% during the forecast period due to the growing usage of UAVs for research and exploration applications
  • North America held the highest market share of 38.12% in 2019. This share is due to the increasing adoption of remote sensing technology in the U.S. for precision farming applications

Wound Care Market Size Worth $25.1 Billion By 2026

The global wound care market size is expected to reach USD 25.1 billion by 2026, according to a new report by Grand View Research, Inc., registering a 3.9% CAGR during the forecast period. Increase in prevalence of chronic diseases globally, rising number of ambulatory surgical centers (ASCs), and growing geriatric population are key factors driving the global market.

ASCs offer a variety of services such as surgical assistance, diagnostics, and preventive procedures. Surgeries for pain management, urology, orthopedics, restorative, and gastro intestinal (GI) conditions are also performed in ambulatory surgery centers. Earlier, ASCs were only capable of performing GI-related minor surgeries; however, with increase in number of minimally invasive surgical procedures, services offered by ambulatory surgical centers have expanded and grown exponentially.

According to the U.S. Department of Health and Human Services (HHS) data records of 2014, there were 17.2 million hospital visits. These included invasive, therapeutic surgeries, and ambulatory surgeries. Around 9.94 million (57.8%) of these surgeries occurred in hospital-owned ambulatory surgery settings and the remaining 7.26 million surgeries (42.2%) were conducted in hospitals. ASCs are increasing in number and thus offer cost-effective services. In addition, favorable reimbursement coverages are being provided with regard to services provided by ASCs. The chances of contracting post-surgical, hospital-related infections are also reduced. ASCs provide specific instructions to patients regarding post-surgical homecare. Thus, with an increase in the number of ASCs and number of surgical procedures, demand for wound care is expected to increase.

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

Further key findings from the report suggest:

  • In terms of revenue, the advanced dressing segment held the largest share in 2018 owing to increasing cases of chronic diseases and rising adoption of advanced wound care products across the globe
  • The home healthcare segment is expected to witness the fastest growth over the forecast period due to increasing geriatric population and rising adoption of negative pressure wound therapy
  • On the basis of application, the acute segment held the largest wound care market share in 2018 owing to rising number of surgeries and burn cases across the globe
  • Asia Pacific is expected to witness the fastest growth over the forecast period owing to increasing number of surgeries and rising cases of burns in this region
  • Prominent key players present in the wound care market include Smith and Nephew; Molnlycke Health Care AB; and Baxter International Inc.

Breast Reconstruction Market Worth $3.8 Billion By 2026

The global breast reconstruction market size is expected to reach USD 3.8 billion by 2026, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 6.9% during the forecast period. Rising prevalence of breast cancer, cases of breast reconstruction procedures, and introduction of technologically advanced products are the key driving factors for the growth.

Increasing incidence of breast cancer across the globe is one of the key driving factors for the market growth. According to the Breast Cancer Research Foundation (BCRF), breast cancer is considered as the most common type of cancer among American women after skin cancer. Such high incidence in U.S. has resulted in an increased number of mastectomy and lumpectomy procedures, which boosts the demand for breast implants and tissue expanders.

According to the American Cancer Society, Cancer Facts & Figures 2015, BCRF also estimated that over 40,290 women may die due to breast cancer. Prevention of breast cancer involves mastectomy, which requires removal of the entire organ. Breast reconstruction helps restore the shape of the breast, thereby enhancing the quality of a patient’s life. It basically involves rebuilding the shape of the removed breast. Thus, high prevalence of breast cancer and growing number of mastectomies are the major factors anticipated to drive the demand for breast reconstruction procedures, thereby propelling the market growth over the forecast period.

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

Further key findings from the report suggest:

  • In terms of revenue, breast implants segment held the largest market share in 2018 and is expected to witness the fastest CAGR over the forecast period owing to the rising consciousness towards physical appearance and increasing disposable income in the developed and developing countries
  • Anatomical breast implants is expected to witness the fastest CAGR over the forecast period owing to the increasing incidence of breast cancer across the globe
  • Hospital segment held the largest market share in 2018 due to the rising cases of breast reconstruction surgeries
  • Asia Pacific breast reconstruction market is expected to witness the fastest CAGR over the forecast period owing to the rising number of surgical procedures in this region
  • Prominent market players are Mentor Worldwide LLC; Allergan Inc.; Sientra, Inc.; Ideal Implant Incorporated; Establishment Labs S.A.; and POLYTECH Health & Aesthetics GmbH

Transcranial Magnetic Stimulator Market Worth USD 1,732.11 Million By 2026

The global transcranial magnetic stimulator market is anticipated to reach USD 1,732.11 million by 2026, according to a new report by Grand View Research, Inc. Increasing incidence of psychological and neurological disorder such as major depressive disorder is anticipated to boost the market growth.

Increasing number of patients suffering from depression and other neurological disorder are driving the market growth. For instance, according to the National Institute of Mental Health (NIMH), around 17.3 million people in the U.S. have at least one major depressive disorder. Other neurological disorder such as schizophrenia which is a severe mental disorder start between the ages of 16-30 years. According to National Institute of Mental Health (NIMH), 49.0% people died through schizophrenia.

Increasing number of devices receiving regulatory approvals are anticipated to increase the market for new and advanced stimulators. For instance, in 2018, Brainsway received FDA approval for dTMS device for the treatment of Obsessive-Compulsive Disorder (OCD). In addition, increasing awareness programs by the various NGOs and associations will drive the market growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/transcranial-magnetic-stimulator-market

Further key findings from the study suggest:

  • The Repetitive Transcranial Magnetic Stimulation System (rTMS) segment dominated the market in 2018. This is attributed to the increasing number of patients suffering from neurological disorders and Obsessive-Compulsive Disorder (OCD).
  • One of the major growing application is depression which is a mental disorder. TMS is considered appropriate therapy for the treatment of depression, mainly for those who have failed to achieve the satisfactorily treatment through antidepressant medication. According to WHO, in 2018, more than 300 million people are affected by the depression. It’s a leading cause of disability in the U.S population.
  • North America dominated the TMS market with the highest revenue share in 2018 owing to the increasing number of cases such as Alzheimer’s and Parkinson’s disease and increasing disposable income of individuals.
  • Some of the key players operating in the market are BrainsWay, MagStim, Nexstim, MagVenture and Eneura. Key players are introducing technologically enhanced products to gain a competitive advantage in the industry. For instance, in May 2019, MagStim received FDA approval for Horizon Stimguide TMS navigation system designed to provide precise and consistent coil positioning during treatment for major depressive disorders.

Uveitis Treatment Market Worth $765.31 Million By 2026

The global uveitis treatment market size is expected to reach USD 765.31 million by 2026, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 5.8% during the forecast period. Rising prevalence of the condition is anticipated to drive the growth. For instance, according to The Ocular Immunology and Uveitis Foundation, around 43,000 new eye inflammation cases are being diagnosed each year in U.S.

Eye inflammation is also very prevalent among children. However, majority of the affected population ranges from 20 to 50 years of age. Growing geriatric population is also an important factor driving the growth of the market. Rise in number of R&D activities aiming at new drug development is another attribute increasing the demand for these treatments.

For instance, ADX-102 Ophthalmic Solution, by Aldeyra Therapeutics, Inc. is in Phase 2 clinical trial for the treatment of noninfectious anterior uveitis. The National Eye Institute is also engaged in conducting and supporting various research studies in this field. Increasing prevalence of infectious diseases is another contributing factor to the market growth. Infectious uveitis surrounds a significant array of potential pathogens, which is likely to pose immense threat to the people affected.

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

Further key findings from the report suggest:

  • Corticosteroids led the market in 2018 owing to its wide application for treating noninfectious uveitis as well as availability of varied corticosteroids drugs
  • Monoclonal antibodies are expected to exhibit lucrative CAGR over the forecast period due to rising development of novel biologic drugs
  • Anterior held the largest market share in 2018 owing to growing prevalence and tendency of recurrence of anterior uveitis
  • Posterior is anticipated to showcase lucrative growth over the forecast period owing to rise in the number of R&D and clinical trials undergoing for the treatment posterior uveitis
  • Noninfectious segment held significant revenue share in 2018 owing to the wide array of treatment methods coupled with rising cases of the condition
  • Infectious segment is gaining traction in the uveitis treatment market owing to rising prevalence of infectious diseases
  • North America held the largest revenue share in 2018 owing to increasing prevalence of noninfectious uveitis as well as rising healthcare expenditure in this region
  • Asia Pacific is anticipated to exhibit lucrative CAGR over the forecast period due to the rising number of infectious diseases in the developing countries
  • Few major companies are Allergan, Inc.; Valeant Pharmaceutical International, Inc.; Eyegate Pharmaceuticals, Inc.; AbbVie Inc.; Regeneron Pharmaceuticals, Inc; and Santen Pharmaceutical Co., Ltd

Submarine Cables Market Worth $37.8 Billion By 2027

The global submarine cables market size is expected to reach USD 37.8 billion by 2027 registering a CAGR of 7.1%, according to a new report by Grand View Research, Inc. Increasing investments in offshore wind farms, inter-country, and island connection for improved power supply and communication and growing investments in oil & gas deep-water drilling activities are the major factors driving the overall market. Moreover, rising internet and data traffic in developing regions, such as APAC, is expected to be the critical factor driving the market over the forecast period.

Currently, the densely populated regions including APAC, South America, and MEA are actively investing in the offshore wind power generation. These investments are expected to fuel the demand for submarine cables. Regional governments across the world are aiming at increasing their electricity generation output from fossil fuels-based sources of energy. However, high costs incurred for the installation of cables and the difficulty in the restoration and maintenance of deep-water cables have adversely affected the adoption and implementation of submarine cables.

Several threats, such as fishing hooks, cyclones, ships, and cruises, create the need for maintenance services. Any fault in submarine cables levies hefty costs to be spent for the repair and re-deployment process. The OTT providers are an integral part of the market development. These companies own, manage, and fund their submarine cables infrastructure. Facebook, Google, Microsoft, and Amazon are amongst the leading OTT providers, which have drastically changed the landscape of the overall market.

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

Further key findings from the study suggest:

  • The submarine cables market accounted for USD 21.38 billion in 2019 and is expected to grow at a CAGR of 7.1% from 2020 to 2027
  • The offshore wind power generation emerged as the largest end-user segment in 2019 and is estimated to retain its dominant position throughout the forecast years
  • Asia Pacific regional market held the largest revenue share in 2019. The region is estimated to expand further at the fastest CAGR from 2020 to 2027
  • This growth is attributed to rising number of offshore wind farms projects, investments by OTT providers, and increasing data traffic in the region

Virtual Events Market Worth $404.45 Billion By 2027

The global virtual events market size is estimated to reach USD 404.45 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 23.2% from 2020 to 2027. Increasing number of business events, along with growing adoption of virtual infrastructure, tools, and services by enterprises for business meetings worldwide, is expected to fuel the growth of the market over the forecast period.

The new generation of Artificial Intelligence (AI)-enabled communication and collaboration solutions brings people together and allows more focused interactions between event participants irrespective of their location. Besides, the integration of AI with business communication platforms, such as Unified Communications (UC), improves employee productivity, saves time, and improves overall business flow. The innovation in Natural Language Processing (NLP) and computer vision to support the virtual environment is expected to impact the market growth positively. For instance, NLP facilitates the automated recordings of meetings, sharing documents, and even the translation of the conversations into different languages. Moreover, computer vision captures meeting participants and then mechanically alters the zoom feature to provide a better video experience for individuals on the far end.

The healthcare industry is increasingly adopting the virtual platform for remote patient monitoring. For instance, in March 2020, Cisco Systems Inc. declared that 17,000 healthcare organizations across 118 countries deployed the Cisco Webex platform for providing telehealth services. The COVID-19 pandemic and imposed lockdown have resulted in wider adoption of digitally simulated events solutions by end-use industries.

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

Further key findings from the report suggest:

  • Platform providers and event management firms are continuously investing in technological research & development for bringing innovations in the market to cater to the growing requirements of the corporates and organizations
  • The sales and marketing and training service segments are likely to witness significant growth over the forecast period owing to the rapidly changing competitive landscape and growing need for business process training and promoting and launching product and solutions portfolio
  • Asia Pacific is expected to witness a significant surge in the adoption of virtual events, primarily due to growing number of Small and Medium-sized Enterprises (SMEs) in the region.