Intravascular Ultrasound Market Size Worth $474.3 Million By 2025

The global intravascular ultrasound (IVUS) market size is expected to reach USD 474.3 million by 2025 at a 6.1% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Rising investments in the medtech industry, increasing R&D activities, and surge in product launches are key factors driving the market.

Emerging economies have been offering new investment avenues to global market players. Developing healthcare infrastructure and increasing patient pool are driving demand for advanced medical devices in these countries.

Point of contact (POC) ultrasound is used for diagnostic procedures generally involving portable ultrasound devices. It is relatively cheaper and can be widely used in patient care. IVUS ultrasound is one such device, which is smaller and can be used to detect abnormalities in the vascular system.

Some of the key players in this market are Koninklijke Philips N.V.; GE Healthcare; Hitachi, Ltd., Fujifilm Medical Systems; Boston Scientific Corporation; Siemens Healthineers; and Canon Medical Systems Corporation.In June 2017, GE Healthcare and Heartflow announced a partnership for the diagnosis and treatment of coronary artery disease.

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

Further key findings from the report suggest:

  • The intravascular ultrasound market was valued at USD 298.9 million in 2017 and is expected to grow lucratively over the forecast period
  • By product, the accessories segment is anticipated to grow at the fastest rate over the forecast period. It is also the largest product segment
  • On the basis of end use, the diagnostic centers segment is anticipated to register the fastest growth over the forecast period, owing to increasing establishments of standalone diagnostic centers
  • Asia Pacific is expected to exhibit the highest CAGR of 7.7% over the forecast period owing to improved healthcare infrastructure, rising disposable income, and investments from global market players.

Autosamplers Market Size Worth $1.8 Billion By 2027

The global autosamplers market size is expected to reach USD 1.8 billion by 2027, expanding at a CAGR of 6.9%, according to a new report by Grand View Research, Inc. The increasing number of research studies and rising demand for chromatography in the pharmaceutical industry, as well as the increasing usage of automation in the laboratories, is boosting the market growth.

Laboratories have emerged as multipurpose research facilities in which different types of testing mechanisms, research analogies, and novel developments are being carried out. The number of test samples is increasing and therefore the demand to run large sample batches is steadily growing. This has also led to an increase in the demand for automation products in various labs.

The rapid adoption of autosamplers attached to analytical systems has led to an increase in lab productivity. The analytical chemists can now produce high-quality data without being present in the lab, continuously. The device provides better reproducibility, high accuracy, and also minimizes error in sampling. It also has the capacity to house the multiple numbers of sample vials in each sequence and hence making it convenient to run various samples that require similar analysis conditions.

Also, to speed up the R&D in areas such as pharmacokinetics, it has become increasingly necessary to analyze a large number of samples at high speed and high precision. Hence, Shimadzu Corporation developed Nexera MP Ultra High Performance Liquid Chromatograph utilizing the SIL-30ACMP Multiplate Autosampler. It achieves an ultrafast injection performance enabling a maximum of 2304 samples to be analyzed continuously.

In Asia Pacific, the market is anticipated to account for the highest CAGR over the forecast period. This is attributed to the growth of the pharmaceutical and biotechnology industry in the region, which, in turn, is driving demand for advanced medical devices in the region.

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

Further key findings from the report suggest:

  • Based on the product, the autosampler systems dominated the market with a global share of 63.6% in 2019. This is attributed to their benefits such as better reproducibility and high accuracy with minimum errors in sampling
  • The liquid product segment is the fastest-growing segment due to its increasing demand in the number of samples
  • Based on end-users, the pharmaceutical and biotechnology companies segment dominated the market with a share of 34.9% in 2019 owing to the increasing usage of automation instruments in laboratories
  • North America held the maximum revenue share of 39.9% in the market in 2019. This is due to the technological advancements and availability of a skilled workforce in the region to handle chromatography instruments.

Fluid Management & Visualization Systems Market Worth $12.5 Billion By 2027

The global fluid management and visualization systems market size is expected to reach USD 12.5 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.1% from 2020 to 2027.

The fluid management and visualization systems significantly enhance procedural effectiveness. Postoperative and perioperative fluid management has a significant impact on patient outcomes and plays a pivotal role in enhanced recovery pathways (ERPs). Moreover, fluid management and visualization leads to a decrease in complications and a decrease in length of stay (LOS). Thus, preoperative and postoperative fluid management and visualization is as critical as intraoperative management as it offers multiple associated benefits to the patients.

Increase in the minimally invasive and ambulatory procedures involving large volumes of liquids adds stress and inefficiency in the OR. This, in turn, facilitates the adoption of fluid management and visualization systems in the medical settings. According to the study by researchers at the University of Michigan, January 2020, the use of robotic surgery for all general surgery procedures increased from 1.8% in 2012 to 15.1% in 2018.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/fluid-management-visualization-systems-market

Further key findings from the report suggest:

  • North America accounted for the largest revenue share in 2019 owing to well-established healthcare infrastructure, significant investment by market players for novel product development, and increasing prevalence of gynecology, urology, and cardiac conditions
  • By product, the accessories segment dominated the market in 2019 as these products need to be disposed after single use, thus preventing infections and assuring patient safety
  • In terms of application, the urology segment dominated the market in 2019 due to increasing cases of kidney stones and prostate and bladder problems
  • Based on end use, the hospitals segment accounted for the largest market share in 2019 as they conduct larger number of surgical procedures with the availability of novel automated fluid management and visualization systems
  • Market players are adopting several strategies such as significant investment in research and development, product innovation via acquisitions and collaborations, and geographical expansion in developing countries to gain a significant share in the global market.

Patient Positioning Systems Market Size To Reach $1.4 Billion By 2025

The global patient positioning systems market is anticipated to reach USD 1.4 billion by 2025, according to a new report by Grand View Research, Inc., registering a 4.7% CAGR during the forecast period. This market is expected to witness lucrative growth during through 2025 owing to rising awareness about and surging expenditure on diagnostic procedures. In addition, increasing prevalence of cancer and rising geriatric population are expected to assist in market growth.

According to the National Cancer Institute, in 2016, there were 1,685,210 new cases of cancer diagnosed in U.S. and 14.1 million cases globally. The most common types of cancer are breast cancer, prostate cancer, and colon and rectum cancer. This steady increase in disease prevalence acts as a driver for R&D investments in the industry. Increase in innovation has resulted in improved efficiency and accuracy of these systems in cancer therapy. These products keep patients immobile yet comfortable during radiotherapy. This is anticipated to supplement industry growth.

Rising expenditure on diagnostics procedures has been a strong force driving demand in the market. According to a research published by NCBI, majority oncologists and cardiologists in U.S. and Germany prescribe diagnostics tests and choose a treatment plan only after studying test results. Thus, demand for diagnostics tests is increasing globally.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/patient-positioning-systems-market

Further Key Findings From the Report Suggest:

  • By product, the tables segment held a lucrative market share in 2016, owing to increasing prevalence of cancer and rising number of surgeries performed
  • In terms of application, the surgery segment is expected to account for the dominant market share on account of rising incidence of cancer, globally
  • By end use, the ambulatory segment is expected to register the highest growth over the forecast period owning to increase in precision of minimally invasive technologies
  • North America is projected to dominate the patient positioning systems market over the forecast period due to presence of a large number of diagnostic centers
  • Some of the key players in the patient positioning systems market are Medtronic; Hill-Rom Holdings, Inc.; Stryker Corporation; Medline Industries; Skytron, LLC; OPT SurgiSystems Srl; SchureMed; Smith & Nephew; STERIS plc; and Leoni.

Medical Carts Market Size Worth $4.55 Billion By 2025

The global medical carts market size is expected to reach USD 4.55 billion by 2025 by exhibiting a CAGR of 15.2% during the forecast period, according to a new report by Grand View Research, Inc. An increase in the adoption of electronic medical records (EMR) in hospitals is expected to drive the medical carts market. The growth of the market can also be attributed to the increasing demand for efficient care delivery and patient engagement solutions in healthcare facilities.

Rising incidence of work-related musculoskeletal injury (MSI) among medical and nursing staff is anticipated to propel the demand for mobile medical carts over the forecast period. Furthermore, advancements in clinical workstations such as battery-powered systems with locking drawers and touchscreen communication channels are contributing to the increase in demand for these products over the forecast period.

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

Further key findings from the report suggest:

  • By product, mobile computing carts accounted for the largest share in 2016 owing to increased application in healthcare facilities, such as medical documentation, equipment delivery, dispensing of drugs, and telehealth services
  • Mobile computing carts can be powered and nonpowered. The powered segment is expected to witness lucrative growth in the coming years due to benefits such as portability
  • By type, emergency carts held the majority in 2016 owing to various technological advancements such as improved mobility, lighter weight designs, and enhanced ergonomics
  • Hospitals are the largest end users of medical carts. This can be attributed to the increasing incidence of work-related MSIs among hospital staff and the spread of infectious diseases
  • Companies are focusing on product launches and innovation to cater to differentiated demand from consumers. They are also offering cost-efficient care delivery solutions to stay ahead
  • For instance, in October 2015, Ergotron, Inc. launched the SV10 series of Styleview Medical Carts to improve its revenue share.

Vegan Women’s Fashion Market Size Worth $1,095.6 Billion By 2027

The global vegan women’s fashion market size is anticipated to reach USD 1,095.6 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 13.6% from 2020 to 2027. Increasing the inclination of people towards cruelty-free fashion is an important aspect of driving the demand for fashion apparel made from vegan material.

People in developed countries, especially in the U.S, the U.K., France, and Germany have become more receptive to the concepts of veganism and have been following this practice in all walks of life, including food habits and clothing. These consumers do not mind paying higher prices for vegan women’s fashion, thus fueling the growth of the market.

Enthused by the opportunity existence, companies pertaining to vegan fashion not only focus on providing the latest styles but also cater to cultural trends and burgeoning style quotient to attract a varied set of consumers through constant product launch. For instance, in August 2019, an Amsterdam-based denim brand called Kings of Indigo, announced itself to be a fully-vegan company with the launch of ‘no new cotton’ capsule collection- Re Gen, offering a limited edition of jeans and jacket collection for women, men, and kids. Such developments are expected to create a healthy demand for the product over the forecast period.

Based on the product, the vegan footwear segment led the market and accounted for 41.3% share of the global revenue in 2019. The growing popularity of animal safety among consumers has goaded established footwear manufacturers to offer elegant footwear made from natural ingredients to pique the interest of the informed customers. For instance, in November 2019, Reebok International Limited, a company owned by Adidas AG, unveiled the design for its first plant-based running shoe, called Floatride GROW. The upper part of the shoe is made primarily from eucalyptus whereas its soles are made from castor beans and natural rubber. The company had launched this design two years after it started selling a vegan version of its famed Newport Classic shoes made with cotton and corn.

By distribution channel, specialty stores dominated the market and accounted for 31.4% share of the global revenue in 2019. Wide product range, offers, and discounts attracting a larger number of consumers are the key strategies opted by such channels to increase revenue and footfall in any store. In addition, these stores keep their stores more updated with the latest vegan fashion trends in the market, thus attracting more consumers who are looking for variety in the product.

Covid-19 pandemic has affected the sales of vegan women’s fashion adversely as people have become more focused on their buying behavior and consider avoiding buying fashionable apparel or accessories. The vegan fashion market is in the burgeoning stage and has been severely impacted by the lockdown condition and supply chain disruption. According to the entrepreneur.com, the U.K. apparel sector is expected to be the worst affected with a decline of more than 41% in the usual spending by consumers since the outbreak of the coronavirus.

North America dominated the market for vegan women’s fashion and accounted for 34.6% share of the global revenue in 2019. Growth in the market is powered by the strong presence of manufacturers, including Whimsy & Row and Reformation, along with a well-developed supply chain in the region. Moreover, people in countries such as the U.S. have a large number of animal rights organizations, such as the American Society for the Prevention of Cruelty to Animals, and The Anti-Cruelty Society, which have been promoting the concept of veganism.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/vegan-womens-fashion-market

Further key findings from the report suggest:

  • Europe is expected to expand at the fastest CAGR of 14.5% from 2020 to 2027. Social media marketing campaigns, growing preference for vegan women’s fashion apparel by millennials, and the presence of a large number of manufactures are expected to drive the market in the region. The U.K. and Germany are among the top two countries witnessing the growth of the market
  • The e-commerce segment is expected to emerge as the fastest distribution channel over the forecast period. The increasing availability of a wide number of vegan women’s fashion clothing and accessories of different brands at affordable prices on e-retailer platforms is one of the main factors fueling the segment growth.
  • The specialty store distribution channel segment held the leading revenue share in 2019. Adoption of key strategies such as offers and discounts by the market players along with the availability of a wide range of products is anticipated to attract a larger consumer base and fuel the growth of the segment
  • By product, the vegan footwear segment dominated the market and accounted for a share of 41.3% in 2019 as it is becoming more of a fashion statement among women. Moreover, increasing popularity of animal safety among consumers is fueling the demand for these products

Men’s Wear Market Size Worth $741.2 Billion By 2025

The global men’s wear market size is expected to reach USD 741.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.3% over the forecast period. Growing importance of personal grooming among adults on account of increased number of campaigns for maintaining formal as well as casual styles on social media websites including Instagram and Pinterest is expected to have a strong impact. Furthermore, these products have been gaining increasing traction among the consumers on account of their frequent purchases through e-commerce portals including Amazon and eBay as a selling medium.

Increasing number of fashion shows across the globe including Paris, New York, London, Los Angeles, Rom, Milan, Barcelona, and Berlin has made sure to garnish men’s fashion with apt attention and publicity. Furthermore, some of the magazines including ZQ, Men’s Vogue, Fantastic Man, and Nylon Guys are playing a crucial role in increasing awareness among buyers.

Clothing or apparel held the largest men’s wear market share in 2018 and is expected to remain a dominant segment over the next few years. Product innovation by key manufacturing firms aimed at targeting the consumers with their traditional values is expected to remain a favorable factor for the industry growth. In January 2018, Raymond Group launched Khadi products under the brand names, Ethnix and Next Look. These brands will offer products such as shirts, trousers, long kurtas, short kurtas, and bandh galas, which are available in a price range of INR 3,000 – 14,000.

Asia Pacific is expected to register the fastest CAGR of 6.6% from 2019 to 2025. High concentration of middle-class population in the countries including China, India, Pakistan, and Bangladesh is expected to remain a key driving factor. Furthermore, the number of working class male adults using smartphones for purchasing their daily consumables is increasing. This, in turn, expected to force the industry participants to increase spending on the development of their e-commerce portals in order to ensure the continuous revenue flow in the near future.

Some of the key players operating in the global men’s wear market are Adidas Group; Raymond Group; Calvin Klein; Gianni Versace S.r.l.; Guccio Gucci S.p.A.; HUGO BOSS; LACOSTE; LEVI STRAUSS & CO.; Nike, Inc.; RALPH LAUREN MEDIA LLC; and Tommy Hilfiger, LLC. Product innovation is expected to remain a key strategy among the industry participants in the near future.

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

Further key findings from the report suggest:

  • By product, the footwear segment is expected to generate a revenue of more than USD 280 billion by the end of 2025
  • Online channel is expected to expand at the fastest CAGR of 11.4% from 2019 to 2025
  • North America generated a revenue of USD 148.5 billion in 2018.

Leather Goods Market Size Worth $629.65 Billion By 2025

The global leather goods market size is expected to reach USD 629.65 billion expanding at a CAGR of 5.4% by 2025, according to a new report by Grand View Research, Inc. The market growth is driven by the millennials and Generation Z as younger shoppers seek a personalized shopping experience that integrates both online and offline platforms. In the offline platforms, the availability of leather goods in retail stores has an affinity to showcase its content to a large number of audiences. In U.S. it was reported that 94% of all the purchases made in 2016 were through retail stores.

The major reasons driving the sale included age, gender, and location. In the footwear product segment, casual shoes like sneakers, slippers, and flats are gaining popularity, which is expected to boost the segment growth in the coming years. The market for formal shoes is expected to witness a significant growth over the forecast period owing to constant innovations, in terms of products and designs. In the sports shoes category, major manufacturers in the market including Adidas AG; Nike, Inc.; New Balance Athletics, Inc.; and Sketchers USA, Inc. are increasingly focusing on developing innovative technologies to enhance the stability of sports shoes and make them more comfortable.

Application of leather in manufacturing bags and wallets has increased significantly in the recent years. Among all types of leather, synthetic leather has attained tremendous popularity as it is softer than conventional leather and offers high durability. The growth of casual footwear segment coupled with increasing online purchases is expected to drive the leather goods market in North America over the forecast period. Furthermore, rising number of athletes in the region and awareness about the benefits of staying active and fit are anticipated to fuel the market growth.

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

Further key findings from the study suggest:

  • Rubber & plastic material segment in the footwear market is expected to witness the highest growth rate over the forecast period
  • E-commerce distribution channel in North America was estimated as the largest segment of the leather goods market in 2017
  • China was the largest market. The Asia Pacific region is expected to be the fastest-growing regional market during the estimated period.