Continuous Subcutaneous Insulin Infusion Market Size Worth $7.3 Billion By 2027

The global continuous subcutaneous insulin infusion market size is expected to reach USD 7.3 billion by 2027, registering a CAGR of 10.3% over the forecast period, according to a new report by Grand View Research, Inc. The key drivers of the market include increasing number of diabetes population coupled with technological advancement in the field of diabetes care.

According to International Diabetes Federation (IDF), the total number of diabetic population is expected to grow by 51.0% from 463.0 million in 2019 to 700.0 million in 2045. Rising health expenditure and growing awareness about preventive care is expected to boost market growth. According to the IDF, the estimated total global health expenditure to diabetes was USD 760.0 billion and is projected to grow to USD 845.0 billion by 2045. Furthermore, rising government initiatives to spread the awareness about diabetes is propelling the adoption of advanced diabetes management devices. Australian government launched Australian National Diabetes Strategy 2016 to 2020. The strategy aims to trace country’s national response to this epidemic and inform how existing limited healthcare can be better targeted across all level of government.

Increasing number of product launches and advent of artificial intelligence in the market is boosting the growth. Many startups are transforming CSII therapy. These companies are taking initiatives to lessen the burden of diabetes with help of AI technology. They are leveraging technological advancement to improve market solutions like integrated insulin pumps, non-invasive insulin delivery systems, and closed-loop artificial pancreases.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/continuous-subcutaneous-insulin-infusion-market

Further key findings from the study suggest:

North America accounted for the largest share in 2019 owing to favorable reimbursement policies, presence of key players, and frequent product launches
Asia Pacific is expected to see robust growth during the forecast period owing to presence of large diabetic population
By product, tethered pumps dominated the market owing to availability of products
By patient type, type 1 patients account for the largest share owing wide usage of insulin pumps
By end use, the hospitals segment dominated the market in 2019 and the homecare segment is expected to grow at a fastest pace
The market is highly competitive owing to continuous technological advancement and many innovative product launches.

Continuous Glucose Monitoring Device Market Worth $10.4 Billion By 2027

The global continuous glucose monitoring device market size is expected to reach USD 10.4 billion by 2027, according to a new report by Grand View Research, Inc. The market is estimated to register a CAGR of 12.7% over the forecast period. Growing cases of diabetes and introduction of novel and advanced diabetes care devices are the major factors driving the market growth. Continuous glucose monitoring devices provide an efficient method to measure body glucose levels in real time. Data recorded by these devices is transmitted through a wireless network to receivers; this helps keep a track of glucose levels over a designated period.

These devices also help manage diabetes while reducing individual insulin dosages. Integrated software within these devices provides users with insights about food consumption, medication, physical activity, and illnesses. Thus, an increasing number of diabetic patients are using these devices to manage and treat diabetes, which, in turn, is accelerating market growth. With the advent of digital therapeutics, a rising number of continuous glucose monitoring devices are being incorporated with apps and software to help patients with diabetes mellitus. Rise in the number of diabetes mellitus has been contributing toward continuous glucose monitoring (CGM) systems market growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/continuous-glucose-monitoring-market

Further key findings from the study suggest:

Growing cases of diabetes is anticipated to propel market growth, with increasing number of patients opting for simplified CGM devices
CGM devices provide analysis of blood glucose levels from the tissue fluid at regular intervals of time, which is also driving their demand
Sensors was the largest component type segment and is anticipated to maintain its dominance owing to their integral nature in these devices
Asia Pacific is the leading regional continuous glucose monitoring device market, with Japan, China, and India on the forefront
North America led the global market in the past owing to wide usage of CGM devices as a result of higher number of target patients in the region
The European region followed the North American closely in terms of market revenue due to rise in the adoption of these devices in key countries such as U.K., Germany, France, Italy, and Spain
Some of the key companies present in the market are Pfizer Inc.; Baxter International, Inc.; Abbott Laboratories; Medtronic PLC; Animas Corporation; and Novo Nordisk A/S.

Household Slicer Market Worth $475.2 Million By 2027

The global household slicer market size is expected to reach USD 475.2 million by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.5% from 2020 to 2027. The growing trend of cooking as a hobby among younger millennials is driving the product demand. Consumers are cooking at home often due to the easy availability of recipes online and focusing on adopting a healthier lifestyle. In order to increase their market share, companies are focusing on social media marketing and increasing the supply of products in the market via home improvement centers and e-retailers.

Before the outbreak of COVID-19, salaried professionals and working couples in metro cities and large towns preferred eating out or ordering from nearby food outlets. But individuals had to resort to homemade food over the past six months. An increasing number of people have taken to social media platforms to discover new recipes and post pictures and videos of the food prepared. This has driven consumers to switch from regular cookware and kitchen utensils to more advanced tools that not only have better functions but are also aesthetically appealing.

The rising popularity of modular kitchens has resulted in higher instances of kitchen remodeling, thereby propelling the demand for cooking equipment and tools, such as slicers. Consumers are also increasing their expenditure on kitchen tools as open kitchens are trending and ambiance has become a focal point of social gatherings.

The growing trend of house parties in western countries has resulted in consumers investing in cooking equipment, such as household slicers, in order to be well-equipped while preparing dishes. Moreover, food is a large part of festivals and other events that are typically celebrated at home, thereby driving the use of a professional set of slicers. The residential sector is anticipated to create high demand for household slicers with a rise in barbeque parties and the growing popularity of outdoor grilling as a form of leisure.

Increasing preference for modular kitchens, coupled with rising living standards, is driving the demand for slicers in the residential sector. In addition, the thriving residential sector is widening the scope of kitchen products across the globe. Over the past years, governments have been taking initiatives to promote advanced and sustainable residential constructions. For instance, according to the National Bureau of Statistics of China, in 2017, the total investment in real estate in China was around USD 1,628.31 billion, out of which, the investment for residential buildings was around USD 1,114.44 billion, which is 9.5% higher as compared to the previous year, 2016. Such growth in the residential sector is expected to propel the demand for kitchen tools in the region over the forecast period.

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

Further key findings from the report suggest:

By product, manual slicers led the market and accounted for a revenue share of 73.6% in 2019
Asia Pacific is expected to register the fastest CAGR of 6.2% from 2020 to 2027. Demand is anticipated to grow in the region due to an increase in the purchasing power of consumers and the rising preference for experimenting culinary skills
Offline distribution channels dominated the market by accounting for an 85.4% share of the global revenue in 2019.

Gas Fire Table Market Size Worth $116.6 Million By 2027

The global gas fire table market size is expected to reach USD 116.6 million by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 9.0% from 2020 to 2027. Gas fire tables have emerged as one of the most popular trends among the residential owners looking to upgrade and model their outdoor living areas.

A Better Homes and Gardens survey reveals that 51% of the millennials decorate their outdoor living space as they would an indoor dining or living room and 77 percent say they want their outdoor living space to feel like a relaxing retreat. The survey also shows millennials are interested in upgrading their outdoor spaces with landscape lighting (27%), a fire pit (26%), lamps or party lights (24%), and comfortable outdoor seating, dining sets, and other accessories (24%) to create a cozy environment in the outdoor spaces.

The natural gas-based fire tables are expected to witness the highest growth in the coming years owing to its lightweight and ability to dissolve rapidly, which leaves very little room for accidental ignition. Propane based fire tables allow the users to make a fire during burn bans in certain areas. Propane pits also generally emit less heat than a large wood-burning fire pit, thereby driving the demand for this product.

Consumers have been preferring offline distribution medium due to discounted prices and budget-friendly offers provided by retailers, which has driven more customer footfall in physical stores. Moreover, the availability of varied quality gas fire tables at an affordable rate offered by local manufacturers is likely to attract a greater number of customers to offline channels. Strong localized positioning and increased focus on customer needs and experience are the major factors that are expected to foster the growth of this distribution channel segment.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/gas-fire-table-market

Further key findings from the report suggest:

Propane based gas fire table held the largest share of 77.4% in terms of revenue in 2019
The natural gas-based gas fire table is expected to register the fastest CAGR of 10.0% from 2020 to 2027
The offline channel of distribution led the market and accounted for 89.2% share of the global revenue in 2019
The online distribution channel is expected to witness the fastest growth during forecast years with a CAGR of 10.3% from 2020 to 2027.

Ceiling Fan Market Size Worth $12.5 Billion By 2025

The global ceiling fans market size is expected to reach USD 12.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.3% over the forecast period. Increasing popularity of technologically advanced smart fans with various add-on convenience features including voice control and smartphone access is expected to play a key role in expanding the market reach. Additionally, implementation of new government initiatives to ensure the electricity access to the rural areas in developing economies including China, India, Bangladesh, and Mexico is expected to expand the demand for ceiling fans over the next few years.

Standard product was the largest product segment in 2018. Consumers prefer to purchase these products due to its wide range of availability, coupled with cost effectiveness. Additionally, under this product category, the companies are introducing high speed and energy saving products to cater to the growing requirements from the residential and commercial segments.

Small size fan is projected to be the fastest growing category with a CAGR of 7.7% from 2019 to 2025. This product is used in small rooms to circulate air and decrease temperature. Growing urbanization has led to room space problem in metro cities, which will promote the utility of small size products in the upcoming years.

Asia Pacific is expected to remain one of the lucrative markets for ceiling fans over the next few years. Expansion in the population of middle-class income groups in emerging economies including China, India, Bangladesh, and Philippines is expected to remain a favorable factor, which, in turn, will promote the usage of the product. Furthermore, implementation of various policies by the governments of China and India aimed at ensuring the electricity access to the rural households at the domestic level is projected to open new opportunities for the ceiling fan industry.

Key ceiling fan manufacturing firms include Crompton Greaves, Emerson Electric Co., NuTone, Hunter Fan Company, Shell Electric MFG Co. Ltd., Big Ass Fans, Ajanta Electricals, Del Mar Fans & Lighting, Mega Home Appliances, and The Henley Fan Company Ltd. Some of the manufacturers are focusing on new product developments and alliance formation with distributors in order to expand their reach to the consumers. Moreover, they are expected to increase spending on the launches of advanced products including smart fans.

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

Further key findings from the report suggest:

Medium size products generated a revenue of USD 7.1 billion in 2018
Online channel is expected to ascend at the fastest CAGR of 5.1% from 2019 to 2025 as it provides excellent convenience to the buyers
The residential application segment is expected to account for more than 70.0% share of global revenue by the end of 2025
Asia Pacific dominated the ceiling fan market in 2018, accounting for a share of 51.9% owing to high concentration of middle-income groups in countries such as China and India.

Kitchen Knives Market Size Worth $2.08 Billion By 2025

The global kitchen knives market size is expected to reach USD 2.08 billion by 2025 registering a CAGR of 8.6%, according to a new report by Grand View Research, Inc. Growing popularity of reality shows, such as Top Chef, MasterChef, Hell’s Kitchen, Iron Chef, and Chopped, which have renewed the arena of cooking, is the key growth-driving factor for the market. Moreover, cooking has become a prominent career choice, which is estimated to have a positive impact on the product demand. Increased importance of visual appeal in various food dishes will drive the product demand over the next few years.

Rising impact of social media platforms will also fuel the market growth. Key manufacturers in this market are Friedr. Dick GmbH & Co., Global Knives, KAI USA LTD., KIYA & Co., Ltd., MAC Knife, MASAMOTO, Mercer Culinary, Messermeister, Victorinox, Wüsthof, and Zwilling J. A. Henckels. Product development is expected to remain a critical success factor for the market participants. Thus, major companies have increased their spending on new product developments. For instance, In March 2019, Artisan Revere released Elmax, an 8.6-inch chef knife for uniform, smooth, faster cutting. In April 2019, Peak Knife Company launched Colorado 14ers chef’s knife made of German 1.4116 steel.

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

Further key findings from the report suggest:

Stamped blade products accounted for the largest revenue share of more than 75% in 2018 owing to their easy availability and low price
However, hand forged manufacturing products are expected to witness the fastest growth at a CAGR of 9.1% from 2019 to 2025
Commercial application is expected to be the fastest-growing segment over the next few years. Increasing number of eateries and restaurants is pushing the use of knives in commercial sector
Based on product size, 5-7 inch knives was the largest segment in 2018 and accounted for more than 35% of the overall market share
Convenience stores segment led the global kitchen knives market in 2018. However, online channel segment will register the maximum CAGR from 2019 to 2025
Asia Pacific is expected to be the fastest-growing regional market at a CAGR of over 9% during the forecast period

Landscaping Products Market Worth $91.9 Billion By 2025

The global landscaping products market size is expected to reach USD 91.9 billion by 2025 registering a CAGR of 5.4%, according to a new report by Grand View Research, Inc. Growing importance of outdoor spaces as lounge, entertainment area, outdoor kitchen, etc. is driving the demand for landscaping products, such as plants, water fountain, and gazebos. Renovating outdoor spaces not only brings aesthetics to the infrastructure but also increases its value, which is also one of the key factors responsible for rising demand for these products. Rapidly expanding real estate industry is also expected to have a positive impact on the market growth over the forecast period.

Thus, rise in the number of residential and commercial projects is supporting the growth of this market. In addition, increasing disposable income levels and awareness about these products in emerging countries are expected to boost the demand further. The residential application segment holds the largest market share and is expected to retain its leading position throughout the forecasted years owing to rising trend of outdoor kitchens etc. North America is projected to account for the largest market share by 2025 owing to rapidly expanding real estate market post-recession in 2008.

On the other hand, Asia Pacific is estimated to register the fastest CAGR from 2019 to 2025 due to growing target population, disposable income levels, and improving economic condition in the emerging countries of the region. Companies in landscaping products market are undertaking strategic initiatives, such as expanding product portfolio and merger and acquisition. For instance, in 2018, Ecodynamics, Australia’s largest landscaping products and services company, merged its sub-brands WeBlow, Aquaseeding, and Mossrock. The company now consists of four divisions spanning landscaping, mulch, services, and the nursery.

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

Further key findings from the study suggest:

Planting material segment held the largest market share in 2018 and is expected to retain its market position over the forecasted period. Planting materials include plants, pots and planters, and grass seeds
Commercial sector is estimated to be the fastest-growing application segment owing to growing commercial sector across the globe
Moreover, rising focus on increasing the sustainability of the infrastructures will support the market growth in this segment
Key companies in the global landscaping products market are Griffon Corp.; Haddonstone Ltd.; Home Depot Product Authority LLC; Kafka Granite LLC; Lehigh Hanson, Inc.; and Anchor Block Company

Air Freshener Dispenser Market Size Worth $13.1 Billion By 2025

The global air freshener dispenser market size is anticipated to reach USD 13.1 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 15.2% over the forecast period. Growing preferences for high-end lifestyles, coupled with demand for convenient devices that help in hassle free air care, has been providing lucrative opportunities for the global market.

Consumers’ demand for automated utility products is driving the popularity of air freshener dispensers. Electric dispensers are commonly used across the residential and commercial sectors. Features such as effective functionality, compact designs, portability, and convenient use are resulting in increasing traction of this product. Wall mounted dispensers, which serve as a handy gadget, have the highest acceptance due to their easy installation. For instance, Qbic is a brand owned by CGS Stores LTD, a company that specializes in online stores. This store offers a wide range of electric air freshener dispensers sourced from Europe, Asia, and U.S.

Online distribution channel is expected to expand at the fastest CAGR of 15.6% over the forecast period. Companies are tying up with online retailers as well as introducing their e portals. For instnace, Alibaba, Hygiene Supplies Direct U.K., Amazon, and Walmart tied up with leading home fragrance manufactures. Brands such as Airwick by Reckitt Benckiser are widely available on retailer websites such as ASDA, TESCO, Sainsbury’s, Morrisons, Waitrose, Ocado, and Amazon in U.K.

The residential end user segment accounted for a major share of more than 70.0% in 2018. Growing need to maintain healthy indoor air quality, consumers’ busy lifestyle, and increasing preferences for automated products have resulted in increased popularity of air freshener dispensers. Companies are continuously focusing on offering modified features and technology that eliminates the need for any manual intervention. The commercial end user segment is expected to witness the highest growth over the forecast period owing to growing importance of maintaining hygiene in the public areas with minimal manual operations.

Europe accounted for the largest market share in 2018. Effective retail infrastructure, presence of large number of online retailers, and high purchasing power of the consumers are some of the factors contributing to the market growth in Europe. The market in Asia Pacific is expected to witness the highest growth during the forecast period. The market is expected to be driven by improvement in lifestyle, coupled with increasing purchasing power in countries such as China and India.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/air-freshener-dispenser-market

Further key findings from the report suggest:

The global air freshener dispenser market is expected to expand at a CAGR of 15.2% from 2019 to 2025
By end user, the residential segment accounted for a share of more than 70.0% in 2018 and is expected to witness steady growth over the forecast period
By distribution channel, supermarkets/hypermarkets held a major share of more than 40.0% in 2018 and is expected to maintain its lead in the next few years
Key market players include Vectair Systems Ltd.; Reckitt Benckiser Inc.; Qingdao Anyfeel Electric Co. Ltd.; Jarden Corporation; Farcent Enterprise Co. Ltd.; S.C. Johnson & Son Inc.; Church & Dwight Co. Inc.; Procter & Gamble Co.; and Henkel KGaA.

Candle Market Size Worth $6.06 Billion By 2025

The global candle market size is expected to reach USD 6.06 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 8.4% during the forecast period. Increasing popularity of using candles in home décor and ambience creation is expected to fuel the growth. Rapid rise in adoption for residential and commercial applications coupled with the demand for candles for religious purposes is anticipated to further drive market. Service providers such as hotels, restaurants, and beauty and spa use candles to create a warm, cozy, and relaxing ambiance. This factor is projected to further drive the product demand.

Scented candles have been gaining popularity in the recent years among urban millennials from developed countries including U.S., Germany, and France. These scented candles are available in various fragrances including basil, eucalyptus, jasmine, lavender, lemon, orange, rosemary, and vanilla among many others. Each of these fragrances are situation specific and have unique health benefits. For instance, basil helps create a positively alert mental state. It helps ensure better concentration and is found to be beneficial for nervous system stimulation, migraine relief, and improved digestion. Similarly, eucalyptus is found beneficial for the treatment of various diseases including asthma, sinusitis, bronchitis, cough, pneumonia, rheumatism, and arthritis.

In April 2019, Yankee Candle Company, launched a Sunday Brunch Candle collection. These products are available in jars under the brand names, Easter Basket and Rainbow Shake. These products will be launched in seven different fragrances including Grilled Peaches, Vanilla, Honey Lavender Gelato, Strawberry Bellini, Belgian Waffles, Blush Bouquet, and Sweet Morning Rose. Louis Vuitton, the French fashion house and luxury retailer, launched a line of scented candles in October, 2018. It will comprise of four scented candles including L’Air du Jardin, Île Blanche, Feuilles d’Or, and Dehors Il Neige.

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

Further key findings from the report suggest:

Votives product forms accounted for more than 25% of the global revenue in 2018
Pillar candles is expected to witness the fastest CAGR of 9.0% from 2019 to 2025
Online segment is expected to register the fastest CAGR of 8.7% over the forecast period
Paraffin products accounted for more than 30% of the global market share in terms of revenue in 2018
Key players operating in the candle market are Yankee Candles, White Barn Candles, Village Candles, Thymes, Slatkin & Co, NEST, Malin + Goetz, Jo Malone, Diptyque, Colonial Candle, Circle E Candles, Bridgewater Candles, Better Homes and Garden, and Bath & Body Works

Enzymatic Wound Debridement Market Size Worth $1.10 Billion By 2026

According to a recent report published by Grand View Research Inc.,product approval initiativesis likely to accelerate market expansion.

According to a report, “Enzymatic Wound Debridement Market Size, Share, & Trend Analysis Report By Product (Papain Product, Collagenase Product), By End Use (Hospitals, Homecare), And Segment Forecasts, 2019 – 2026”, published by Grand View Research, Inc. The global enzymatic wound debridement market size is expected to reach USD 1.10 billion by 2026, registering a CAGR of 5.8%, as per a new report by Grand View Research Inc.The increasing incidence of chronic diseases and the introduction of technologically advanced products are factoring the enzymatic wound debridement market growth.

Researchers and industry players have undertaken several initiatives for developing technologically advanced products. Collagenase-based enzymatic wound debridement products are majorly used for chronic & acute wounds treatment. Such products are gaining acceptance and has fueled the introduction of several technologically advanced products are being introduced in the market. For instance, NexoBrid (NXB), previously referred to as Debriding Gel Dressing (DGD)—which is derived from pineapple Bromelain group of enzymes-was introduced in 2017. NXB is an enzymatic wound debriding drug that can be effectively used in treating deep burn wounds.

New products are receiving government approvals for further commercialization. For instance, in May 2019, Vericel Corporation entered into a supply agreement and exclusive license with Medi Wound Ltd. to capitalize their product called Nexo Bridin North America. The Nexo Bridreceived approval in the U.S., European Union, and other international markets.

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

Enzymatic Wound Debridement Market Report Highlights

According to the WHO, an estimated 180 000 deaths occur every year due to severe burns in middle- and low-income countries and 30,000 people suffer new burns globally, some are severe enough to warrant immediate medical attention. Increasing number of accidents has resulted in a considerable growth of the market products
Market giants have entered into strategic alliances to enhance product innovation capabilities and stay ahead of the market competition. In June 2019, MediWound launched EscharEx® under the U.S. Clinical Development Program as the company’s topical biological drug candidate for hard-to-heal wounds. The company followed the pre-defined interim assessment of enzymatic and autolytic debridement to ensure the efficacy, safety, and clinical benefit of EscharEx
The acute wounds segmentaccounted for the highest revenue share in 2018. They include lacerations, burns abrasions, incisions, puncture wounds, etc. and is driven by the increasing number of burn injuries worldwide
Collagenase-based enzymatic wound debridement product segment dominated the market in 2018. Collagenase-based creams, ointments, and gels are widely used for debridement of necrotic tissue from pressure ulcers, venous leg ulcers, burn wounds, and partial-thickness burns
North America led the global market in 2018 due to rise in sports-related injuries and road accidents