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Europe Olive Oil Market to Grow with 9.6% from 2022 to 2027 | Renub Research

posted February 25, 2022   category » europe olive oil market

According to Renub Research report titled “Europe Olive Oil Market Forecast 2021-2027, Industry Trends, Share, Insight, Growth, Impact of COVID-19, Opportunity Company Analysis” the Europe Olive Oil Market Size will be US$ 7.35 Billion by 2027. For ages, the majority of world's olive oil market has revolved around the realms of European boundaries. Hence, Europe has remained the leading market for producing, consuming, importing, and exporting olive oil. In addition, mainly, the Mediterranean countries of Europe are dedicated to the cultivation of olives trees, combining traditional, intensive and super-intensive groves. Remarkably, demand for olive oil in Europe remains stable. However, import quantities sometimes are expected to fluctuate due to variable production in the central supplying countries of the region.

 

Europe Olive Oil Market Size was US$ 3.86 Billion in 2020

The thriving consumer interest in olive oil in Europe has three main driving forces combined: the ever-increasing popularity of the Mediterranean diet, the increasing awareness of olive oil's health benefits and the quality of certain types of olive oil. In addition, the promotions of single-origin premium olive oil and sustainable and ethical production methods have been favourable aspects for well-established market culture in recent years. Besides, the best opportunities for the market come from a country like Spain, Italy, Greece and Portugal.

 

The European market remains the number one producer, exporter and consumer of olive oil in the world. The producing countries account for millions of hectares of olive groves, primarily dedicated to olive oil production. In our report, four producing member states of Europe have been analyzed: Spain, Italy, Greece, and Portugal. As per our analysis, Spain accounts for the most dominant market share in the European region for olive oil. Moreover, in terms of trade, a strong demand spurred by consumer preferences will increase European exports.

 

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=europe-olive-oil-market-p.php

 

Extra Virgin Olive Oil is anticipated for strong Performance in the Forecast Period:

Eight different categories of olive oils and olive-pomace oils exist extra-virgin olive oil, virgin olive oil, virgin lampante olive oil, refined olive oil, olive oil composed of refined olive oil and pure olive oils, olive pomace oil, crude olive-pomace oil, refined olive pomace oil. However, all categories are unavailable to be sold to consumers. As per our analysis, Extra Virgin Oil, Virgin Oil, Lampante, Pomace are some prominent demanded oil readily demanded by the consumer level.

 

Further, as per our analysis, virgin olive oils witness strong market share existence. Due to their expanding popularity among customers, Virgin olive oils are associated with spreading awareness concerning their health advantages in Europe. Omega-3 and oleic acid in virgin oil aid prevent lifestyle-related disorders such as obesity and cardiovascular complications.

 

The extra virgin oil is anticipated to exhibit strong growth in Europe due to its high utilization in pharmaceuticals, cosmetics, and cooking. Additionally, European families use extra virgin oil for cooking; it is extensively used in personal care products like skincare for numerous purposes such as massages, sports injuries, and reducing muscle fatigue.

 

Expanding Utilization of Olive Oil in European Retail and Foodservice Sector Propels Market Growth:

Additionally, the growing awareness concerning the role of olive oil in maintaining good health has exceptionally boosted the demand for various types of olive oil in pharmaceuticals, cosmetics and cooking industries. On the other side, retail has survived one of the most dynamically advancing realms that enable enterprises in the olive oil market to constantly be on their toes to observe their aim customers and sustain a customized strategy.

 

In addition, the foodservice sector in Europe utilized olive oil for salad dressing and preparing cold foods. Wherein, olive oil is widely used in the making of various food products, essentially healthy snacks. The expanding demand for healthy snacks amongst users has compelled manufacturers to consolidate nutrient-rich ingredients such as olive fruit oil to enhance the value of the final product.

 

Key Players in the European Olive Oil Market:

In our report, some of the market's key players embrace Deoleo, S.A, Del Monte Foods, Unilever Group, Semapa, Bunge Limited. Players in the Olive Oil Market affirm many essential strategies. For instance, in 2020, Deoleo, the world's leading olive oil producer with Bertolli extra virgin olive oil brands, drives biodiversity.

 

Europe Olive Oil Industry recovering from Impact of COVID-19:

The demand and sale of olive oil observed a sudden slump with the outbreak of the COVID-19 pandemic. Nationwide lockdown in several countries also resulted in the disruption of trade activities, which has slowed the growth of this industry. However, after months of market imbalance, 2021 marks a year tendering growth in the European Olive Oil Industry, concluding a positive note.

 

Follow the link for the full report with detailed TOC and list of figures and tables:  https://www.renub.com/europe-olive-oil-market-p.php

 

According to the market study done by Renub Research, the progress in the Covid-19 vaccination campaign in Europe has positively affected the recovery of the Olive Oil Industry. The reopening of the foodservice supply chain, the restaurant and hospitality (Horeca) sector, and easing travel restrictions are the major supporting end-users boosting the market growth.

 

Market Summary:

 

  • Volume Analysis: We have analysed the volume of Production, Consumption, Import and Export in Europe Olive Oil Market.
  • Country: We have also studied the Olive Oil Production Volume in Spain, Italy, Greece, Portugal and Others.
  • Type: In our report we have studied Extra Virgin Oil, Virgin Oil, Other (Lampante, Pomace, etc
  • Industry: The report studies Pharmaceuticals, Cosmetics, Cooking and Others revolving industries of the market.
  • End-User: We have studied Food Service, Food Processing and Retail as major end users of the market.
  • Company: The report summarises Deoleo, S.A, Del Monte Foods, Unilever Group, Semapa, Bunge Limited as key market players.

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

Follow on Twitter: @renubresearch

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Global Diabetic Food Market will reach US$ 14.66 Billion by 2027 | Renub Research

posted February 25, 2022   category » global diabetic food market

According to the latest report by Renub Research titled “Diabetic Food Market, Size, Global Forecast 2022-2027, Industry Trends, Share, Growth, Impact of COVID-19, Opportunity Company Analysis” the Diabetic Food Market Size will reach grow with a CAGR of 5.82% from 2021 – 2027. Diabetic Food products possess low sugar and carbohydrate content as it helps in controlling glucose levels in the blood. Diabetes is a disease signalized by high blood sugar levels from inadequate insulin or absence of cell response to the insulin produced by the body.

 

Worldwide Diabetic Food Market Size was valued at US$ 10.44 Billion in 2021

Worldwide, the growing prevalence of diabetes is one of the factors boosting the diabetic food market. Furthermore, the surge in the use of artificial sweeteners like neo-tame as a substitute for sugar, aspartame, acesulfame potassium, andan increase in awareness of many health risks say obesity and diabetes because of lack of physical activity contributing to the market growth. In addition, expansion in investment in R&D by companies to cater to a wide range of products, escalating disposable income, surge in demand for healthy food globally, preventive measures taken by consumers worldwide have given traction to the market growth.

 

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=diabetic-food-market-p.php

 

Dietary Beverage benefits Type2 Patients and Capitalizes on the Market Growth

By Application, Diabetic Food Market is further segmented into Confectionery, Ice Creams and Jellies, Dietary Beverages, Baked Products, Dairy Products and Others (including snacks). Dietary beverage is the leading application in the market, due to the high demand for sugar-free and low-calorie beverages. Moreover, dairy products say cheese, butter, ice cream and other milk products are safe for patients with diabetes. These are of low or no sugar and provide several other essential nutrients that help diabetics maintain healthy body weight.

 

Health-conscious Population will drive North America’s Market

By Region, we have covered regions like North America, Europe, Asia Pacific, Middle East & Africa and South America. Further, North America has capitalizes the market growth and will dominate the market among all other regions. Reasons behind the capitalization are largest population pool of patients with chronic disorders and at the same time more significant number of health-conscious populations in the region. North American patients also have higher per capita income compared to other regions, so they can afford the diabetic food easily compared to other regions.

 

COVID-19 Impact on the Diabetic Foods Industry:

The COVID-19 pandemic has impacted Diabetic food industry through economic and social systems shocks, food system disruptions, and gaps in essential health and nutrition services coverage. In low- and middle-income countries, food systems must adapt and strengthen food and nutrition security in the wake of COVID-19. The report covers key players in the market: Unilever PLC, Nestle S.A., Kellogg Company, Danone S.A, and the Coca-Cola Company.

 

Follow the link for the full report with detailed TOC and list of figures and tables:  https://www.renub.com/diabetic-food-market-p.php

 

Market Summary:

  • Application – The report covers by application into Confectionery, Ice Creams and Jellies, Dietary Beverages, Baked Products, Dairy Products, Others - snacks 
  • Distribution – we have covered by distribution channel into Supermarkets/Hypermarkets, Health Food Store, Discount Store, Online Sales and Others
  • Region – We have covered region like North America, Europe, Asia Pacific, Middle East & Africa and South America
  • Company Analysis – key players covered in this report are Unilever PLC, Nestle S.A., Kellogg Company, Danone S.A and the Coca-Cola Company

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

Follow on Twitter: @renubresearch

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China Dental Market to Grow at double digit CAGR of 15.91% from 2021 - 2026 | Renub Research

posted February 25, 2022   category » china dental market

According to the latest report by Renub Research, titled “China Dental Market, Impact of COVID-19, Industry Trends, Growth, Opportunity Company Overview, Sales Analysis, Forecast” the China Dental Market will reach US$ 17.7 Billion by 2026. For a long time, the oral disease has been one of the major problems of public health for its high prevalence and incidence throughout China, which is especially true for middle and low-income populations. According to the National Oral Health Epidemiological, 31.9% of 5-year-old children and 40% of 12-year-old children brush their teeth twice a day. 43.2% of both sections visit dentists for prevention of oral diseases, consultation and examination. Lastly, 36.1% of adults brush their teeth twice a day; these changes have a significant impact on China dental market.

 

As there is growth in living standards due to rise in disposable income, the need for dental services led to a burgeoning dental market in China. Mounting perception of the importance of oral hygiene, i.e. having the mouth and teeth clean; and can stop cavities, gingivitis (inflammation of the gums), and bad breath, is one of the major factors which helps to reach the China dental market to its new glory in the coming future. Besides, per capita expenditure on healthcare services is improving and demand for specialist dental hospitals in China is growing significantly. In 2021 as per Statista, there were around 535 hospitals specialized in dental treatments in the country's urban areas, whereas 154 dental hospitals remained in rural areas in China.

 

Public knowledge of oral hygiene has improved, giving the sector excellent growth potential in Shanghai, Beijing, and Guangzhou. Therefore, across different regions in China, the dental industry has been incorporated as an essential aspect of healthcare. The segment authorizes doctors to realize multi-site licenses and unrestricted licenses in the most accessible manner.

 

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=china-dental-market-p.php

 

China Dental Industry Segments & Sub-Segments Performance

Based on Segment, China dental industry include Preventive Dentistry, Dental Lasers, Implants (Titanium/Zirconium), Endonotics Dentistry, Orthodontic Dentistry, Others. Preventive dentistry is dental care that helps to maintain good oral health in China. It's a compound of regular dental check-ups along with developing good habits like flossing and brushing. Nowadays, laser dentistry is growing more popular in China. That's because lasers can be efficiently used to handle two of the most common oral ailments: gum disease and tooth decay. Many dentists have laser tools in their facilities like traditional tools or their laser equivalents.

 

Sub-segment (Dental Equipment) includes Radiology, Laser, Systems & Parts, Laboratory Machines, Hygiene Maintenance Device, and Other Equipment. The demand for radiology systems in China dental healthcare has continued to witness an upsurge due to its feature. Dental radiographs alert dentists to changes in hard and soft tissues. Radiographs enable the dentist to see how their teeth and jawbones are growing. Radiology equipment includes:

 

•    Intraoral x-ray systems.

•    Extraoral x-ray systems.

•    Cone-beam computed tomography imaging.

•    Intraoral plate scanners.

 

Furthermore, the dental laboratories primarily engage in the manufacturing and customization of various products that provide oral health care by a licensed dentist in China. These products comprise crowns, bridges, and dentures. The prime role of a dental laboratory in restorative dentistry is to copy all of the functional and esthetic parameters of the tooth, which the licensed dentist defines as a vital solution in China.

 

COVID-19 Pandemic Impact on Chinese Dental Market Size:

COVID-19 pandemic had a destructive impact on China dental industry. During the lockdown dental clinics were closed down. Wages and clinic rentals have to be accounted for every month despite no revenues, causing a substantial socio-economic impact. Dental doctors carried out dental procedures only in emergencies; else, they postponed the operations. This reduced the demand for dental burs and endodontic products. Moreover, manufacturing activities of dental products faced hindrances due to lockdown imposed in China. In addition, there was a shortage of raw materials and disruptions in the supply chain.

 

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/china-dental-market-p.php

 

Competitive Landscape

The China dental market has numerous players such as Sirona Dental Systems Foshan Co, Danaher, 3M Co, and Straumann, focusing on maintaining their presence. These companies continuously develop dental equipment products and widen their distribution channels across China to establish their footprints.  For instance, in 2019, Danaher established Envista Holdings, which was made up of KaVo Kerr, Nobel Biocare Systems, and Ormco – three operating companies within Danaher's Dental segment.

 

  • Segments - Our Report covered by segments China Dental Market have been covered from 6 viewpoints (Preventive Dentistry, Dental Lasers, Implants (Titanium/Zirconium), Endonotics Dentistry, Orthodontic Dentistry, Others)
  • Sub-Segments (Dental Equipment) - This Report covered by Sub-Segments (Dental Equipment) China Dental Market have been covered from 6 viewpoints (Radiology, Laser, Systems & Parts, Laboratory Machines, Hygiene Maintenance Device, Other Equipment)
  • Region - Renub Research Report covered by Region China Dental Market have been covered from 4 viewpoints (Beijing, Shanghai, Guangzhou, Others)
  • All the leading players have been covered from 3 Viewpoints (Overview, Recent Developments and Revenue) Sirona Dental Systems Foshan Co, Danaher, 3M Co and Straumann

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

Follow on Twitter: @renubresearch

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Global Chia Seed Market will grow at an Astonishing CAGR of 30.77% during 2021-2027 | Renub Research

posted February 25, 2022   category » global chia seed market

According to Renub Research report titled “Chia seed Market Size Global Forecast 2021-2027, Industry Trends, Impact of COVID-19, Opportunity Company Analysis” the Global Chia Seed Market Size will reach to US$ 5.5 Billion by 2027. Salvia hispanica, also called Chia is a plant in the mint family which is grown commercially for its seeds and is rich in omega-3 fatty acids. Apart from that, Chia seeds provide a magnificent source of antioxidants as well as soluble fiber. Furthermore, chia seed production was only feasible in tropical and subtropical regions because the prolonged growing season required to complete seed development. At the same time, chia plants grow well in temperate climates; they need short days to flower and are typically killed by frost before seeds mature.

 

Worldwide Chia Seeds Market Size was valued at US$ 1.1 Billion in 2021

Globally, Chia is known for one of the highest sources of omega-3 fatty acids. Worldwide, surging demand of Chia seed and seed products say oil has a substantial value than soy, canola and flax. Omega-3 has a great source for many health benefits, say for instance it improves brain function, and the risk of heart diseases lowers, cancer and many more. Around the globe, the health foods and nutraceutical industries are currently marketing raw chia seeds as a dietary supplement.

 

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=chia-seed-market-p.php

 

In recent years, nutraceutical companies is growing exponentially due to an aging population surging worldwide, apart from that, consumers are demanding functional foods which has ingredients such as omega-3 fatty acids, and increasing interest and its use in preventative medicine. Due to the above reasons it gives traction to this market and is expected to grow on current nutritional trends. Surging awareness regarding many health benefits of omega-3 fatty acid foods has propelled growth. Also, Chia is used in pet and livestock feeds. More on this, Chia is a low-maintenance crop that prefers moderately fertile, well-drained soils due to its small seed size, precision planting is important to ensure good seed-to-soil contact.

 

Driving Factors & Challenges of Chia Seed Industry

The factors that drive the market for Chia seeds globally are growing demand for chia seeds in products like protein bars & natural food ingredients and dietary supplements in the food & beverage industry, vegan diet, organic & gluten-free. Furthermore, worldwide surging awareness about chia seeds products for healthy diet preferences for instance most importantly by the young athletes and professional sportspersons.

 

Regional Insights: United States Chia Seeds Demand is met from China, Mexico, and Latin American Countries

By Region, the report covers North America, Europe, Asia-Pacific, Latin America, Middle East and America, and Top Importing Countries like United States, Germany, Netherland, and Top Exporting Countries such as China, Canada, and the Netherlands. In the United States, consumption of chia seeds in numerous industries is expected to rise over the forecast period.

 

Besides, the surging incidence of heart diseases in the United States asserts the importance of omega-3 inclusion in daily diets. Centres for Disease Control and Prevention stated that, every year, around 659,000 adults die from heart diseases. America Heart Association (AHA) has recommended the omega-3 rich foods and oils in daily diets to keep cardiovascular diseases away. Chia seeds are an important source of omega-3 and omega-6 fatty acids, which is driving their consumption in the United States.

 

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/chia-seed-market-p.php

 

Impact of COVID- 19 on Global Chia Seeds Industry

The global COVID-19 pandemic has impacted the industries worldwide, which has certainly impacted the Chia seeds industry. Most importantly, the production, export and import of chia seeds products were hampered during the period among most countries. During the initial phase of Covid-19 in 2020, lockdown, transport restrictions caused disruptions in the logistics system. This has hit the commodity's supply across the globe that led to a decline in the chia seeds market in that year. Our analysts expect that the market will recover post-pandemic and will grow during the forecast period.

 

Market Summary:

  • Form : The reports covers market of following form Whole Chia, Milled/Ground Chia, Pre-hydrate Chia, Chia Oil, Type (Black, Brown, White)
  • Application: The market is divided into Personal Care & Cosmetics, Animal Feed & Pet Food, Nutritional & Dietary Supplements, Others
  • Top Importing Country - In this report we have covered top Chia Seed Importing countries like United States, Germany and Netherland
  • Top Exporting Country – The reports covers top Chia Seed Exporting countries such as China, Canada, and Netherlands
  • Company: Following companies covers in this report Glanbia PLC, Spectrum Organic Products LLC, Bayer AG, KWS SAAT SE and Co. KGaA, and Tyson Foods

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

Follow on Twitter: @renubresearch

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Global Ultrasound Device Market to reach US$ 9.5 Billion by 2027

posted February 23, 2022   category » global ultrasound device market

According to the latest report by Renub Research titled, "Ultrasound Device Market Size, Global Forecast 2021-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis” Ultrasound Device Market Size was US$ 7.2 Billion in 2021. The ultrasound devices are devices that take images of the inside of the body using high-frequency sound waves. Wherein, the ultrasound device uses the technique of ultrasonic imaging technique. Furthermore, ultrasound devices create real-time images of the body component, which displays the body's movement. Besides, the ultrasound devices also consist of a transducer, ultrasound detector, or probe. This diagnostic technique is minimally intrusive and does not use ionizing radiation to diagnose or treat body ailments.

Worldwide Ultrasound Devices Industry is expected to grow with a CAGR of 4.76% from 2021-2027

Across the world, diagnostic ultrasound system continues to be amongst the highest revenue-generating healthcare segment throughout the forecast period. In addition, the demand for ultrasound devices has increased because of government initiatives to raise awareness about the importance of early diagnosis. Also, government funding in emerging markets is expected to provide new opportunities in the market during the analysis period.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=ultrasound-device-market-p.php

Diagnostic Ultrasound Systems Is Primarily Dominant Segment:

Further, with the use of ultrasound devices and the introduction of improved technologically advanced ultrasound devices, the demand for ultrasound devices has increased compared to the previous year. The diagnostic ultrasound systems segment is primarily dominant due to the increase in ultrasound practices, the rise in the majority of chronic conditions, and technological advancements worldwide. Additionally, an increase in the incidence of various disorders such as cardiovascular diseases and respiratory and abdominal disorders makes the therapeutic ultrasound systems to be the most dominant.

Color Ultrasound Devices Segment Dominates the Market:

The ultrasound devices market is segmented into Color Ultrasound Devices and Black & White (B/W) Ultrasound Devices by display type. Throughout the studied period, the color ultrasound devices segment dominated the market as most available systems have acceptable image quality with a color flat-screen monitor irrespective of the features. For instance, devices with the characteristics of auto image optimization, auto color & doppler need a color display and cannot function through a black and white display.

Radiology/General Imaging Account for The Largest Market Share:

The ultrasound market is segmented into cardiology/obstetrics, musculoskeletal, radiology, critical care, and others based on application. The radiology/general imaging applications command the largest share of the ultrasound device market. Factors such as the rising incidence of diverse cancers across noteworthy countries, technological advancements in the field of ultrasound-based diagnosis and treatment, growing market availability and physician preference for HIFU in cancer treatment, increasing usage of ultrasound in cancer diagnosis and tissue biopsy, and the rising adoption of focused ultrasound in disease therapies are driving the growth of the radiology/general imaging segment.

Regional Realms: Asia-Pacific is the Fastest Growing Ultrasound Region

Geographically, Asia-Pacific is projected to be the fastest-growing region. The upgrading of healthcare infrastructure and healthcare expenditures in the emerging markets (such as India and China) to overpower the unmet medical needs in these countries mainly stimulates the regional market of Asia-Pacific. In addition, technological advancements for cost-effective devices in these nations offer a lucrative opportunity for the growth of the ultrasound devices market.

Further, the growth in the European ultrasound market is attributed to the increased adoption of ultrasound for diagnosis, increased procedure volumes resulting from the rapidly aging population, and increased prevalence of chronic diseases. However, regulatory framework concerns and the scarcity of experienced and skilled sonographers in diverse countries in Europe are anticipated to hinder the market growth. In addition, the growing acceleration of HIFU in European countries for the remedy of prostate cancer is further positioned to drive the ultrasound market.

Key Industry Players:

The key players in the ultrasound market favorably concentrate on expanding their business functions in the fast-growing emerging countries and the latest product launches as a preferred approach. The companies profiled in this report include GE Healthcare, Siemens Healthcare, and Philips - Healthcare Sales, Hologic, Inc. Notwithstanding, portable technological devices are praised globally, and these key companies have a wide presence across the developed and emerging markets.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/ultrasound-device-market-p.php

Impact of COVID-19 on the Global Ultrasound Devices Market:

Coronavirus disease has had an incredible impact on the world and has altered the ultrasound device industry. The pandemic has had a complex and exceptional effect on the ultrasound market. Nonetheless, after the reopening of the market post-pandemic, the healthcare providers are employing ultrasound systems, primarily designed for point-of-care (POC) applications, for the triage, monitoring, and diagnosis of patients worldwide, boosting the market of ultrasound devices.

Market Summary:

  • Product Type: We have studied Diagnostics Ultrasound Systems and Therapeutic Ultrasound Systems as product type in Global Ultrasound Devices Market.
  • Display Type: We have covered Color Ultrasound Devices, Black & White (B/W) Ultrasound Device in our report.
  • Application: In our reported we have studied the applications of ultrasound devices in Cardiology/Obstetrics, Musculoskeletal, Radiology, Critical Care and others.
  • Regions: We have covered the regional market of North America, Europe, Asia-Pacific, South America, Middle East and Africa.
  • Company Analysis: The key players of Global Ultrasound Devices Market are GE Healthcare, Siemens Healthcare, Philips - Healthcare Sales, Hologic, Inc.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

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United States Endoscopy Devices Market to Grow with a CAGR of 7.19% from 2022-2027

posted February 23, 2022   category » united states endoscopy devices market

According to the latest report by Renub Research, “United States Endoscopy Devices Market, Size, Forecast 2022-2027, Industry Trends, Impact of COVID-19, Opportunity Company Analysis” the United States Endoscopy Devices Market Size is projected to reach US$ 27.9 Billion by 2027. Endoscopy devices are thin and long tubes inserted inside the body via mouth or incision to examine the interior of the bladder, stomach, ears, nose, esophagus, colon, throat, heart, joints, urinary tract, and abdomen. These tubes have a light source attached and a camera, which help healthcare professionals to perform laparoscopic and biopsies and arthroscopy surgeries. They are available in various lengths and flexibilities depending on diagnostic organs.

United States Endoscopy Devices Market Size was US$ 18.8 Billion in 2021

The change in the trend of adoption from traditional open surgeries to minimally invasive techniques by healthcare professionals and patients is one of the primary factors growing the endoscopy devices market in the United States. Other factors promoting growth include the rising prevalence of chronic conditions, the increasing geriatric population, and technological advancements in endoscopy devices.

Moreover, the increasing number of neurological disorders and the rising adoption of minimally invasive surgeries attributed to the United States endoscopic devices market growth. As per ONP hospitals statistics, the United States contributes to 32% of the number, i.e., around 4,800,000 laparoscopic procedures are performed every year. This implies that endoscopic procedures are performed widely in the country.

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Endoscopy Visualization Components product dominates the United States Endoscopy Devices Market

Depending on the product, the global endoscopy devices market is divided into Operative Devices, Endoscopy Visualization Components, Endoscopy Visualization Systems, and Endoscopes. The endoscopy visualization components register a significant dominance in the United States endoscopy devices industry. This is attributable to benefits provided by high-definition visualization systems for treating and diagnosing complex health conditions such as cancer, urinary disorders, GI disorders, and lung disorders and increasing preference of healthcare professionals towards utilizing endoscopy visualization systems for better diagnosis and treatment.

In United States G.I. Tumors accounts for the Second Highest Cause of cancer-related Deaths

In the United States, endoscopy sub-products like robot-assisted endoscopes, capsule endoscopes, and rigid endoscopes are widely used in various medical specialties applications, such as gastroenterology, urology, gynecology, pulmonology ENT, and others. The increasing burden of G.I. disorders, coupled with the growing geriatric population, is propelling the demand for Gastroenterology Endoscopy. G.I. tumors are the second most extensive cause of cancer-related deaths in the United States. Thus, an upsurge in endoscopic procedures for the early diagnosis of G.I. cancers offers considerable revenue opportunities.

Bariatric Surgery Drives the Capsule Endoscopy Market Growth

Although, sub-product Capsule endoscopy is widely used to detect minor bowel damage, Crohn’s disease, obscure intestinal bleeding, etc., in the United States. Capsule endoscopy has significant benefits for patients with small bowel disease for whom the proper diagnosis is not available. In addition, the capsule endoscope is on-demand due to its cost-effectiveness. Moreover, many surgical procedures using endoscopic procedures such as bariatric surgery boost the Capsule endoscopy market growth in the United States.

Besides, the market comprises both hospitals and ambulatory surgery centers/clinics by end-users. Nevertheless, in the United States, hospitals have emerged as the most primary health system. Thus, the number of endoscopic surgeries done at hospitals is relatively more than the other health systems, such as specialty clinics or Ambulatory Surgical Centers (ASCs).

COVID- 19 Impact on the United States Endoscopy Devices Industry:

COVID-19 is an incomparable global public health emergency that has affected the United States in almost every industry, including the endoscopy device industry. The primary cause for the decline in endoscopy procedures during the COVID-19 pandemic was decreased patient volume in hospitals due to delaying guidelines for safety reasons and rescheduling. Moreover, these delays happened after careful review of patient history, and healthcare providers rescheduled endoscopic procedures to minimize the chance of exposure to COVID-19 during hospital visits.

Competitive Landscape:

The United States endoscopy devices industry is highly competitive, and prominent players have adopted various strategies to increase their endoscopy devices market share. These include product launch, product development, product approval, and acquisition. Major US endoscopy devices market players include Boston Scientific Corporation, Medtronic Plc, Johnson and Johnson, Stryker, and Conmed.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/united-states-endoscopy-devices-market-p.php

Market Summary:

  • Product – We have covered United States Endoscopy Device Market breakup by 4 viewpoints by-product (Operative Devices, Endoscopy Visualization Components, Endoscopy Visualization Systems and Endoscopes)
  • Sub-Product – Renub Research Report covers by Sub-Product in the 5 viewpoints (Rigid Endoscopes, Robot Assisted Endoscopes, Disposable Endoscopes, Capsule Endoscopes and Flexible Endoscopes)
  • Application – Our Report has covered United States Endoscopy Device Market breakup by 6 Application (Gastroenterology, ENT Surgery, Gynecology, Neurology, Urology and Other Applications)
  • End Users – This Report covers by End Users in the 3 viewpoints (Hospitals, Ambulatory Surgery Centers/Clinics and Other End Uses)
  • All the major players have been covered from 3 Viewpoints (Overview, Recent Development, and Revenue Analysis) Boston Scientific Corporation, Medtronic Plc, Johnson and Johnson, Stryker and Conmed.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

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Europe Ice Cream Market to reach US$ 28.4 Billion by 2027

posted February 23, 2022   category » europe ice cream market

According to Renub Research report titled “Europe Ice Cream Market Forecast 2021-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis” the Europe Ice Cream Market Size was US$ 21.7 Billion by 2021.  Ice-creams and frozen desserts are frozen foods traditionally eaten as snacks and desserts worldwide. Ice-creams are usually prepared from dairy products, say cream and milk. Flavors, colors, sweeteners, stabilizers, preservatives, and emulsifiers are added to enhance these products' taste and shelf-life. Around the world, diverse cultures have different varieties of ice creams and frozen desserts popular in their countries. For instance, Italian people want Gelato after dinner or lunch.

Factors Driving the Europe Ice Cream Industry

In the European region, demands for ice-creams that are made using natural ingredients, low on fats, and at the same time don't compromise on taste and indulgence is surging. European countries like Germany and Italy, UK are the biggest ice-cream markets. Over the time, indulgence and the growing consumer preference for ice cream as a leisure product drove the market's growth, and new innovative flavors, offered by companies, further act as a catalyst for demand generation.

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Besides, consumer demand for naturally flavored, rising health concerns, and sweetened ice-creams and handcrafted ice-creams is growing. Apart from that, product innovation in ice cream, economic growth, retail market expansion and growth in disposable income are projected to have high impact on ice cream market and market share in the European region.

European Ice Cream Market is expected to grow with a CAGR of 4.59% during 2021-2027

The development of retail channels contributes to the growth of the ice cream market. Further, retail channels such as hypermarkets, supermarkets, convenience stores, and others act as marketing tools that assist in building an impressive premium image and increase brand exposure of a wide variety of ice cream products. The company’s product innovation is also diversifying the offerings and assists in meeting varying consumer demands. While economic growth is also helping to continue to increase customers' spending power. Also, increasing demand for innovative products and the development of lactose-free ice cream provides growth opportunities for the ice cream market extension. However factors like health concerns associated with ice creams may hinder the growth a bit.

COVID Impact on Europe Ice Cream Industry

During the COVID-19 pandemic, the European ice-cream market exhibited sluggish growth due to the economic slowdown and supply chain disruptions over the period. Further, market revenues continue to be impacted by growing health issues concerning lifestyle diseases and the pandemic. Also, European people were avoiding ice cream as they felt it made them susceptible to COVID-19. Moreover, we expect post-pandemic recovery and growth in the ice cream industry in the region.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/europe-ice-cream-market-p.php

Market Summary:

  • Product Type: The market has segmented into Artisanal, Impulse and Takes home
  • Ingredients: The report covers by Ingredients like Whole Milk, Skim Milk, Cream, Sweetening & Flavoring Agent, Other (Egg Yolk, Stabilizers, and Emulsifiers)
  • Category: We have studied the market by Category into Choc Snacks, Premium Ice-Cream, Luxury Ice Cream, Filled Cones, Children's, Standard Ice-Cream, Adult Refresh, and Daily Ice Cream Desserts, and Individual Ice-Cream
  • Application: This segment is divided into Commercial and Residential
  • Distribution Channels:  Market is categorized into On Tread, Hypermarket & Supermarket, Food & Drink Specialists, Convenience Stores and Others
  • Producing country:  The markets of producing countries in the Europe are Germany, Italy, Spain, France and the United Kingdom
  • Company:  We have studied the Overviews, recent developments and sales analysis of following companies General Mills Inc., Nestle S.A., Unilever, Baskin Robbins, and Lotus Bakeries

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

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Global Defibrillators Market will be US$ 18.01 Billion by 2027

posted February 23, 2022   category » global defibrillators market

The latest report by Renub Researh, titled “Defibrillators Market Size, Share, Global Forecast 2021-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis”  the Global Defibrillators Market Size was valued at US$ 12.87 Billion in 2021. The World Health Organization states that cardiovascular deaths are the most common cause of all registered deaths worldwide. In addition, economic development rates and industrialization have significantly added to the number of deaths due to sudden cardiac arrest. Further, sudden cardiac arrests are accompanied by immediate resuscitation, a combination of chest compressions, and assisted ventilation. Hence, defibrillation is an effective treatment option accepted globally to treat cardiac arrest due to ventricular fibrillation. A defibrillator incorporates the concept of defibrillation, which is an electronic device, which is prominently used to treat arrhythmia and sudden cardiac arrest.

Worldwide Defibrillators Industry will grow at a CAGR of 5.76% during 2021-2027

SCA is a sudden and unanticipated pulseless situation caused by the cessation of cardiac mechanical activity. SCA is a foremost cause of death among adults, usually above the age of 40. SCA is one of the prominent driving factors for evolving the defibrillators industry. Moreover, the rising incidence of atherosclerosis, diabetes, strokes, hypertension, and others due to lifestyle habits such as unhealthy dietary habits, lack of physical activity, and smoking, among others, is the ultimate cause of CHF. Moreover, the rising geriatric population base is anticipated to fuel CHF prevalence, increasing defibrillator market growth.

External Defibrillator Is Expected to Grow at A Great Pace During The Forecast Period:

By Product type, we have categorized the global defibrillator market into the Implantable Cardioverter Defibrillator and External Defibrillator market. The demand for External Defibrillator will grow significantly during the forecast period. External defibrillators are life-saving devices that deliver a defibrillating shock to diagnose and restore heart rhythms in an unexpected cardiac arrest. Apart from that, the market of Implantable Cardioverter Defibrillator will also flourish during 2021-2027.

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AED Is the Most Preferred External Defibrillation System:

External defibrillators are life-saving medical devices used to deliver defibrillating shock through paddles or electrode pads to diagnose and restore life-threatening abnormal heart rhythms in the conditions of unexpected cardiac arrest. These devices can perform cardioversion, defibrillation, and pacing of the heart. External defibrillators are of three major types: manual external defibrillators, AEDs and WCDs. AEDs are used in most cases among SCA patients due to abundant opportunities observed and ease in use, thereby bagging a significant market share in the global defibrillators market.

The North American Region Hold Considerable Share:

We have studied the regional realms of the global defibrillators industry in North America, Latin America, Europe, Asia Pacific and the Middle East and Africa region. Higher Adoption of Defibrillator Installations and Implants Enables Market to Hold Considerable Share in North America. North America is envisioned to dominate the market throughout the forecast period. Growing installations of external defibrillators in hospitals and public places such as schools, hotels, streets, railway stations, and others to prevent fatalities from sudden cardiac arrest are prominently responsible for holding a higher defibrillator market share in North America.

Moreover, the incremental shift of preference towards subcutaneous ICD due to growing patient awareness is projected to augment the growth of ICD in North America. Europe is anticipated to be the second most prominent region in terms of market share by 2027. In addition, the market is rising at a faster pace in emerging countries of the Asia Pacific region, owing to increasing adoption and rapidly developing healthcare infrastructure.

Key Market Players:

Medtronic, Boston Scientific Corporation, Philips Healthcare, Nihon Kohden Corporation, and Asahi Kasei Corporation are amongst a leading player in the defibrillator market owing to their diverse product offering in the implantable defibrillator segment, efficient customer reach, and vital after-sales service. Our report also covers operate in the defibrillator industry.

For instance, in April 2020 – Philips, a health technology company, announced that it's Emergency Care and Resuscitation (ECR) business is recommencing the manufacturing and shipping of external defibrillators for the US. The company declared that the US Food and Drug Administration (FDA) had lifted the limitations imposed on the manufacturing and allocation of defibrillators in the US.

COVID-19 Impact on Global Defibrillators Market:

All over the world, COVID-19 is known to affect the cardiovascular system, resulting in myocardial injury, arrhythmias, intravascular thrombosis, and sudden cardiac death. Further, initial reports have also recommended a temporary association between COVID-19 activity and cardiac arrests in the community and in hospital settings. Remarkably, life-threatening arrhythmias have been variably reported among patients hospitalized for COVID-19 infection. Sudden cardiac arrest (SCA) in COVID-19 patients is an alarming concern for clinicians. Hence, defibrillator shock episodes have risen during the higher COVID-19 activity boosting the market for Global Defibrillators Market.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/defibrillator-market-forecast-p.php

Market Summary:

  • Product Type: We have covered Implantable Cardioverter Defibrillator and External Defibrillator.
  • Implantable Cardioverter Defibrillator: We have studied Transvenous Implantable Cardioverter Defibrillators (T-ICDs), Subcutaneous Implantable Cardioverter Defibrillators (S-ICDs) and others in our report.
  • Transvenous Implantable Cardioverter Defibrillators: We have covered Single-Chamber Implantable Cardioverter Defibrillators, Dual-Chamber Implantable Cardioverter Defibrillators, Biventricular Implantable Cardioverter Defibrillators /Cardiac Resynchronization Therapy Defibrillators (CRT-Ds)
  • External Defibrillator: In our report we have studied Automated External Defibrillators, Advanced Life Support Defibrillators, Wearable Cardioverter Defibrillators
  • End Users: Hospital, Prehospital, Public Access Market, Alternate Care Market, Home Healthcare are the end users in the market.
  • Regions: We have studied the regional realms such as North America, Europe, Asia-Pacific, Latin America, Middle East & Africa
  • Company: The key players studied in our report include Medtronic Plc, Boston Scientific Corporation, Philips Healthcare, Nihon Kohden Corporation, Asahi Kasei Corporation.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

Follow on Twitter: @renubresearch

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Global Biodegradable Plastics Market to Reach USD 7.1 Billion by 2027 | Renub.com

posted February 22, 2022   category » global biodegradable plastics industry

According to Renub Research report, tittled “Biodegradable Plastics Market Size, Global Forecast 2021-2027, Industry Trends, Impact of COVID-19, Opportunity Company Analysis” the Biodegradable Plastics Market was USD 4.3 Billion in 2021. In the wake of plastic pollution increasing worldwide, biodegradable plastics are one of the fastest-growing segments within the global plastics industry. Nevertheless, Bioplastic is a sustainable material derived from renewable feedstocks, and is an alternative to petroleum-based plastics. It can reduce 30-70% of carbon dioxide emissions. It represents 42% reduction of carbon footprints. The production of bioplastic requires 65% less energy than conventional petroleum plastic.

How Covid-19 Helped the Biodegradable Plastics Industry to Grow

The global biodegradable plastics industry witnessed a positive impact owing to the novel coronavirus lockdown globally. The number of medical items like sanitizer bottles, face masks, and gloves increased, creating huge plastic waste. This aspect has made a massive opportunity for biodegradable plastics to produce personal protective equipment and sanitizer bottles. Prominent industry leaders adopt different growth strategies like a geographical expansion to increase their capacity and productivity.

Global Biodegradable plastics Resin Market Drivers:

Worldwide, the increasing environmental concerns about plastic usage (as plastics contain toxic pollutants that harm animals, plants, and people) are propelling the use of biodegradable plastic alternatives. Floating plastic waste that survives thousands of years in water can perform as a transportation device for invasive species that disrupt habitats. This factor above is contributing to the growth of the market.

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Thus, the stringent regulations by various governments and federal agencies to reduce plastic waste and promote biodegradable plastics usage in packaging are expanding the demand of this market. The laws related to green packaging are rising. As a result, various FMCG companies are required to adopt biodegradable packaging to yield with the standards, which is propelling the blossoming of this market.

The use of Starch blends is stimulating the biodegradable plastics industry to blossom.

Based on material type, the biodegradable plastics market is divided into Polybutylene adipate Terephthalate (PBAT), Polybutylene Succinate (PBS), Polylactic Acid (PLA), Polyhydroxyalkanoate (PHA), and Starch Blends. Starch blends appeared as the global leader in revenue share in the biodegradable plastic market. This is accounted to its demand in flexible packaging and the agricultural sector. Starch blends are widely used to reduce the carbon footprint of conventional resins, thus enhancing demand growth.

Furthermore, the adoption of Polylactic Acid (PLA) bioplastic has increased tremendously across packaging and consumer goods applications due to the avant technical properties and functionalities. The demand for Polylactic Acid (PLA) bioplastics has gained tremendous traction in various plastic applications due to the favorable legislations implemented by many governments around the globe.

Moreover, there is an increased demand for bioplastic packaging for wrapping organic food and premium and branded products with specific needs. A combination of recycling components from conventional plastics, such as PET with bioplastics (bio-based PET), provides high-performance processing of bioplastics packaging. Biodegradable food packaging, certified as industrially compostable, was the first successfully commercialized bioplastic product.

North America is one the Biggest Consumer in Biodegradable Plastics

Regionally, the North American region is predicted to be one of the biggest consumers of biodegradable plastics, which is majorly credited to the extensive presence of packaged food manufacturers in Canada & the United States. Being environmentally conscious and increasing the spending power of the consumers is one of the significant drivers increasing the demand of the market in the region.

Further, the transition to a low-carbon and circular economy, more vital policy support for the economy, and raised consumer awareness for sustainable products and packaging are compelling the expansion of the market in Europe. The use of biodegradable plastics, primarily in European countries, also increases in other niche components, such as drug delivery systematical implants.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/biodegradable-plastic-market-p.php

Key Players:

The global biodegradable plastic market is highly fragmented, as the international participants are driving toward inventing new technologies to manufacture pliable packaging material from different readily available natural resources. The players' substantial investments in research and development to create innovative products generate high competition. The key players are Total Corbion (Netherlands), Mitsubishi Chemical Holding Corporation (Japan), Toray Industries (Japan), Biome Bioplastics (UK), and Green Dot Bioplastics.

Market Summary:

  • Material Type – Renub Research Report covers by Material Type in the 6 viewpoints (Polybutylene adipate Terephthalate (PBAT), Polybutylene Succinate (PBS), Polylactic Acid (PLA), Polyhydroxyalkanoate (PHA), Starch Blends and Others)
  • Applications – Our Report covers by Application in the 4 viewpoints (Packaging, Agriculture, Consumer Goods and Others)
  • Regions – This Report covers Market breakup by 5 Regions (North America, Europe, Asia-Pacific’s, Latin America and Middle East & Africa)
  • All the key  players have been shielded from 3 Viewpoints (Overview, Recent Development, and Revenue Analysis) Total Corbion (Netherlands), Mitsubishi Chemical Holding Corporation (Japan), Toray Industries (Japan), Biome Bioplastics (UK) and Green Dot Bioplastics

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

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China Automobile Market to Reach 39.78 Million Units by 2027 | Renub.com

posted February 22, 2022   category » china automobile market

According to Renub Research report tittled “China Automobile Market, Size, Forecast 2021-2030, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis” finds that the China Automobile Market was 27.71 Million Units in 2021. China is the largest automobile industry worldwide, both in demand and supply. The automobile sector is at a crossroads owing to changing customer behavior and direction. It is one of China’s most important economic sectors by revenue. China’s automobile industry has attracted many well-established foreign brands to invest in automobile production. Owning to technical development and lower production costs, various indigenous brands of China’s leading automobile manufacturers have gained popularity in the automobile market. The rapid growth of the Chinese domestic market has also further accelerated the automobile industry in China.

Increasing Adoption of Electric and Hybrid Vehicles, due to Government Push

Based on category, the Chinese automotive vehicles industry's principal categories include Electric Vehicle (EV), Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Mild Hybrid Electric Vehicle (MHEV), Natural Gas Vehicle (NGV), Fuel Cell Electric Vehicle (FCEV), Diesel Vehicle, and Petrol Vehicle. With accelerated urbanization and an increase in vehicle sales, China is planning to reduce exhaust emissions from vehicles. Meanwhile, the country also plans to reduce its dependence on oil imports, promoting electric vehicles.

Request a Free Sample Copy of the Report:  https://www.renub.com/request-sample-page.php?gturl=china-automobile-market-p.php

In Addition, some major provinces and cities are imposing more stringent restrictions. For instance, Beijing only issues 10,000 licenses to register combustion-engine vehicles per month to encourage its citizens to switch to electric vehicles. Similarly, the Government of China had lifted taxes or given a substantial tax release on the purchase of EVs. These initiatives by the Chinese government had attracted a lot of customers to purchase EVs in this country. For instance, in 2020, the China government offered a 10% service tax waiver for electric vehicles to boost the demand in the automobile market.

Notwithstanding, there is a massive demand for the Plug-in Hybrid Electric Vehicles (PHEVs) due to their price compromise between large cars and small cars, and it is one of the several sought-after cars, after small SUVs. This is due to their compactness, price affordability, ease of use, and family friendliness. Besides, hybrid electric vehicles (HEVs) come with various benefits like reduced operational and maintenance costs and less pollution. With technological breakthroughs, the portfolio for electric vehicles is ever-expanding, with many consumers in China; different sectors preferring to go in for fully hybrid or mild hybrid vehicles due to their being less carbon-intensive.

COVID-19 Impact on China Automobile Industry

The COVID-19 pandemic had a swift and severe impact on the China automotive industry. Several Chinese vehicle parts plants had extended their seasonal shutdowns, and the automotive component supply chain has been disrupted, with some industrial areas in lockdown. Meanwhile, travel restrictions caused by COVID-19 have interrupted automobile material supplies that rely on imports, accelerating domestic substitute exploitation and inventory improvement for critical parts.

Additionally, massive lockdowns for controlling COVID-19 have disrupted productions and operations, which tends to expel small brands from the competitive market, concentrating China's automobile industry on the leading brands. Finally, after the pandemic, the social distancing trend challenges automobile distribution channels with dealers, pushing automakers to develop innovative online selling channels.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/china-automobile-market-p.php

Key Players Performance

The leading Chinese automobile market is the Toyota Motor Corporation, Volkswagen, Daimler AG, Ford Motor Company, and Honda Motor Company. In 2020, Honda Motor Company, Ltd. announced its deals of all-new Honda Fit Hybrid vehicles. It is adorned with Honda’s 2-motor hybrid system, which makes the vehicle with an electric motor, which results in better fuel performance and smooth drive.

Market Summary:

Category – Renub Research Report covered by Product Category in the 8 viewpoints (Electric Vehicle (EV), Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Mild Hybrid Electric Vehicle (MHEV), Natural Gas Vehicle (NGV), Fuel Cell Electric Vehicle (FCEV), Diesel Vehicle, Petrol Vehicle)

All the major players have been covered from 3 Viewpoints (Overview, Recent Development, and Revenue Analysis) Ford Motor Company, Volkswagen, Toyota Motor Corporation, Daimler AG, and Honda Motor Company.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

Contact Us:

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South Africa E-Commerce Market to Reach USD 7.9 Billion by 2027 | Renub.com

posted February 22, 2022   category » south africa e-commerce market

According to the report by Renub Research, titled “South Africa E-Commerce Market, Size, Forecast 2022-2027, Industry Trends, Share, Growth, Impact of COVID-19, Opportunity Company Analysis” the South Africa E-Commerce Market Size was USD 4.5 Billion in 2021. Technological advances and modernization have undeniably played a critical role in the adoption of e-commerce in South Africa. It has changed the face of economic trade and is gaining a foothold in the retail industry due to a low-cost way of conducting economic activities and building global business partnerships to interchange information through interconnected networks. E-commerce is a form of computerized commerce, enabling customers to buy products or services over the internet using a browser, regardless of distance and time.

Besides, several factors contribute to impressive e-commerce growth in South Africa as it has second-largest youngest population in the world. Thus, there is potential for a massive digital audience. In addition, internet penetration has been growing due to the broad expansion of smart phones and mobile devices in common. Indeed, various digital payments are becoming more widespread in South Africa. This is undoubtedly an essential aspect of e-commerce. As per research findings in 2021, User penetration is 41.1% in 2021 and will hit 53.1% by 2025.

How Covid-19 Benefited South Africa E-commerce Industry

The corona virus pandemic accelerates the development of the e-commerce market in South Africa, changes the way consumers behave and increases the importance of e-commerce even more. Indeed, consumers who stay at home and shop online to avoid the risk of infection also look more favorably on e-commerce; this has led not only to growth in industries that are already popular (clothing, electronics), but also those that were marginal until the crisis, such as e-grocery in South Africa.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=south-africa-e-commerce-market-p.php

Fashion & Personal Care Products Segments have High Growth Potential

Further, the top e-commerce product categories in South Africa are Toys, Hobby & DIY, Furniture, Food & Personal Care, Fashion and Electronics & Media in South Africa. Fashion is the largest retail category in South Africa. The shift toward e-commerce is a vital, palpable movement in most economies. A quarter of spending on accessories, clothing and footwear (fashion) already occurs online and its rapidly growing. Online marketplaces, like takealot.com and superbalist.com Fashion United SA, are key purchase influencers in a fashion shopper's purchase journey in South Africa.

Notwithstanding, the e-commerce platform is the most popular for personal care products in South Africa.  Personal care products are commonly purchased online due to the wide range of products available on online platforms. The time-saving aspect of the medium has contributed to the rise of the online retail phenomenon. Online media helps consumers benefit by spending on skincare and increasingly associating an attractive appearance with career success and professionalism through beauty products.

South Africa E-Commerce Industry to grow with a CAGR of 9.83% from 2020 - 2027

On the basis of payment mode, alternative payment methods such as Bank transfers, Cards, Cash on Delivery (COD), Direct Delivery and E-wallet are being used by digital buyers in South African countries. E-wallets are much more common in South African compared to COD. Mostly unknown in advanced economies, E-wallet represents a revolution in other markets, making financial services accessible throughout the country, including remote rural areas. E-wallet allows customers to receive, store, and spend money using a mobile phone even without internet access.

Although, a card like credit and debit cards are popular payment methods for e-commerce payments in South Africa. It is simple to use; the customer has to enter their credit card number and date of expiry in the appropriate area on the seller's web page. Increased security measures, such as using a card verification number (CVN), have been introduced to online credit card payments to improve the security system.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/south-africa-e-commerce-market-p.php

South Africa's e-commerce market is highly competitive and fragmented, with key market players such as Takealot, Superbalist, Woolworths, Amazon, Mrp. These key companies focus on expansions, acquisitions, and collaborations to strengthen their South Africa e-commerce industry.

Market Summary

Type - Our Report covers by type Market breakup by 5 viewpoints (Toys, Hobby & DIY, Furniture, Food & Personal Care, Fashion, and Electronics & Media)

Payment Mode – Renub Research Report covers by Payment Mode Market breakup by 6 viewpoints (Bank transfers, Cards, COD, Direct Delivery, E-wallet and others)

All the key players have been covered from 2 Viewpoints (Overview, Recent Development) Takealot, Superbalist, Woolworths, Amazon, and Mrp.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

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Global LiDAR Market to Grow at CAGR of 15.75% from 2021-2027 | Renub.com

posted February 22, 2022   category » global lidar market

The latest report by Renub Research, titled “LiDAR Market Size, Share, Global Forecast 2022-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis” the LiDAR Market will be USD 3.92 Billion by 2027. LiDAR, which determines light detection and ranging, is a popular remote sensing system used to measure the exact range of an object on Earth surface, even though it was primarily applied in the 1960s during laser scanners were mounted to aeroplanes. LiDAR is one of the numerous promising sensor-based technologies is reflected in a combination of laser scanning and 3D scanning thus; it can also be described as 3D laser scanning. Prominently LiDAR technology is categorized into three type's Aerial, Terrestrial, Mobile and Short Range.

Moreover, the rising adoption of LiDAR systems in UAVs, the emergence of 4D LiDAR, and easing of laws related to the use of commercial drones in different forms are among the factors of the global LiDAR market. The main factor driving the LiDAR industry's growth is LiDAR systems' improved automated processing ability in model resolution and data processing capabilities over other technologies.

Inertial Navigation System and LASER components Demand are Rising Worldwide

Besides, the primary components of the LiDAR system are LASER, Inertial Navigation System, Camera, GPS GNSS Receiver, MEMS (Micro Electro Mechanical Systems. LiDAR uses a pulsed laser component to calculate an object's variable distances from the earth surface. These light pulses put together with the information collected by the airborne system generate accurate 3D details on the earth surface and the target object. Notwithstanding, inertial technology has been leveraged in a range of high-precision LiDAR implementations on a range of platforms including vehicle-based, and both operated and unmanned aerial systems.

Request a Free Sample Copy of the Report:  https://www.renub.com/request-sample-page.php?gturl=lidar-market-p.php

LiDAR technology is used in many applications, such as corridor mapping, seismology, exploration & detection and others. Light detection and ranging (LiDAR) corridor mapping is becoming an established system of creating detailed geo-referenced spatial information of a surrounding and its characteristics. LiDAR -based corridor mapping solutions are agile and are utilized on a moving vehicle or stationary.

Worldwide LiDAR Market Size was USD 1.63 Billion in 2021

Based on end-users verticals, the global LiDAR industry is segmented into Defense & Aerospace, Civil Engineering, Archaeology, Forestry & Agriculture, Mining and Transportation. LiDAR is widely used in civil engineering, find crucial importance in the LiDAR technology for the aerial and terrestrial scanning to provide valuable insights as to the existing architecture or details regarding the security of the inclinations and other factors, which could play a vital role in the growth of the plans for construction and other. In the agriculture industry, LiDAR is used for surveying fields with drones and automated tractor steering solutions. And Amazon forest uses LiDAR cameras and photography to create digital maps of neighborhoods, which it is also working to utilize for its delivery robots.

North America is the Leader in the LiDAR Technology Industry

Worldwide, North America is one of the significant technology developers, owing to increasing investments in accelerating innovations in the LiDAR landscape. Many industries in North America adopt these types of LiDAR systems, especially for application in the automotive industry. LiDAR is primarily used for the (ADAS) advanced driver assistance systems in automobiles for the driver's convenience, with a human-machine interface for safe guidance and smooth operation.

Additionally, as per the US Department of Transportation Data, 51% of freight miles are available in nations approved commercial vehicle platooning. LiDAR technology is used in (UAS) Unmanned Aircraft Systems. The US army and civil governments are increasing their operations for UAS, raising the demand for LiDAR in the US.

Moreover, countries such as India, Malaysia and China are anticipated to increase speeding in drone technology for defense in the forecast period. Asian Companies are being adopted by a growing number of industries, especially for application in engineering, construction, environment, and exploration, proving the effectiveness and, therefore, demand for LiDAR  technology.

COVID-19 Impact on Global LiDAR Industry

The COVID-19 pandemic has affected the companies present in the LiDAR ecosystem. It has affected both end-users and manufacturers of LiDAR globally. Among applications, the LiDAR industry in gas and mining purposes and oil for exploration is hit the most by COVID-19. The commanded lockdowns over the world have impacted the economies of the countries globally.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/lidar-market-p.php

Major vendors in the LiDAR  market, such as Faro Technologies Inc, Hexagon AB, Vaisala Oyj Sick A, and Teledyne Technologies Inc. These various companies prevalent in the market are challenged to provide innovative offerings changing technologies, which help consumers, business practices, and security needs.

Market Summary

Type - We have covered by type market breakup by 4 viewpoints (Terrestrial, Aerial, Mobile and Short Range)

Components - Renub Research Report covers by Components market breakup by 5 viewpoints (LASER, Inertial Navigation System, Camera, GPS GNSS Receiver, MEMS (Micro Electro Mechanical Systems)

Application – Our Report covers by application market breakup by 4 viewpoints (Corridor Mapping, Seismology, Exploration & Detection and others)

End-User – This Report covers by End-Users market breakup by 4 viewpoints (Defense & Aerospace, Civil Engineering, Archaeology, Forestry & Agriculture, Mining and Transportation)

Region - Report covers by Region market breakup by 5 viewpoints (North America, Europe, Asia Pacific, South America, Middle East and Africa)

All the key players have been covered from 3 Viewpoints (Overview, Recent Development, and Revenue) Faro Technologies Inc, Hexagon AB, Vaisala Oyj Sick A, and Teledyne Technologies Inc.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

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Brazil Tire Industry is expected to grow with a CAGR of 6.25% from 2021 to 2027 | Renub.com

posted February 10, 2022   category » brazil tire industry

According to the report by Renub Research, titled “Brazil Tire Market, Size, Forecast 2022-2027, Industry Trends, Share, Growth, Impact of COVID-19, Opportunity Company Analysis” the Brazil Tire Market Size reached US$ 6.29 Billion in 2021. Brazil is home to one of the most pre-eminent automotive markets, including tire is the significant component of a vehicle interacting with the road. In terms of annual new registrations, the characteristics of tires mainly influence the performance of a vehicle. Tires affect a vehicle's traction, handling, ride comfort, and fuel consumption. A tire is a ring-shaped component surrounding a wheel's rim to transfer the vehicle's weight from the axle into the wheel to the ground and provide traction on the surface.

In addition, the sales of tires have increased significantly over the years in Brazil, owing to a rise in the various types of automotive racing competitions, which serves as a major driver for the high-performance and ultra-high-performance tires business in Brazil. As per our research findings in 2020, Brazil ranks as the sixth-largest automobile market globally, with more than 38 Million automobiles in circulation in Brazil.

Growth in Demand for 15-20 Inches Tires due to Rising Preference for SUVs & Bigger Cars

Based on distribution channels, Brazil tire industry is segmented into OEM, Aftermarket and Sales. An OEM distribution channel is used as a platform of brand loyalty exhibited by OEMs and vehicle teams, which replace tires on their cars with the same brand as initially installed. Brazil has shown a strong demand for tires due to many OEM such as BMW, Volkswagen, Ferrari, Daimler, and Renault. These OEM regularly engage in motorsports events held in the continent and showcase their modern line of innovative outputs that cater to customers' need for cleaner, safe and cost-effective vehicles and components.

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Notwithstanding, tires in the aftermarket are mainly attributed to the faster wear and tear of softer rubber tires required to perform at extremely high speeds vehicles, boosting the aftermarket demand for tires in Brazil. Vendors are spending in marketing to improve their visibility as brands, especially to tap the productive aftermarket of the high-performance and ultra-high-performance tire.

Moreover, rim width and tire width are two closely related sizes such for < 15 inches, 15 - 20 inches and >20 inches is usually used in vehicles. In Brazil, many cars generally comprise 15-inch tires due to the rapid increase in innovative wheels with great rim sizes. For instance, models such as Volkswagen Polo, Hyundai Avante, VW Rapid, Hyundai Accent, and others are equipped with 15 rim size tires. Thus, the 15-inch type is greatly preferred by the customers to reduce carbon emissions and save fuels.

Brazil Tire Industry is predicted to grow with a CAGR of 6.25% from 2021 to 2027

On the basis of vehicle type, the Brazil tire market includes Passenger Cars, Commercial Vehicles, Electric Vehicles and Luxury/Premium Vehicles. A commercial vehicle is rising across Brazil due to its low maintenance cost, operating cost, and more fuel-efficient than the Heavy Commercial Vehicle (HCV). As the commercial vehicles have more extended running with heavy loads, it leads to heavy wear and tear of tires. Although, there is an increasing demand for passenger cars in Brazil South and South East region due to the hallmarks of all-season passenger car tires are a comfortable ride, year-round readiness and long tread life. Explosive fuel prices and the transportation infrastructure also tend to influence to purchase of passenger cars in South and South-East regions. Further, Brazil South and South East region makes up a small global electric vehicle market slab. JAC, Jaguar and BMW,   also ranked amongst the leading electric vehicle brands in Brazil.

Covid-19 Impact on Brazil Tyre Industry:

The raging COVID-19 pandemic across Brazil has made a drastic impact on the tire industry. The sales of tires have decreased steeply owing to the prolonged lockdown and variation in the investment budget. Also, the interruption in the import and export trades and shut down of manufacturing companies have emerged in the rise of raw material prices, consequently hindering the production capacities of the tire. Thus, the deterioration in tire selling is to restrict the industry amid corona virus in Brazil.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/brazil-tire-market-p.php

Brazil's prominent tire manufacturers include Bridgestone Americas Tire, The Goodyear Tire & Rubber Company, Continental AG, Nokian Tires plc, and Toyo Tires. These companies produce a wide range of tires and including innovative technology, multiple benefits, high quality, all-weather reliability, and affordable tires to their consumers across Brazil. For instance, in 2020, Goodyear launched a self-recharging design to develop the life of tires and make them highly versatile to different weather conditions.

Market Summary:

Distribution Channel - We have covered by Distribution Channel in the Brazil Tire Market breakup by 3 viewpoints (OEM, Aftermarket and Sales)

Rim Size - Our Report covers by Rim Size in the Brazil Tire Market breakup by 3 viewpoints (15 inches, 15 - 20 inches and >20 inches)

Season - Renub Research Report covers by season Brazil Tire Market breakup by 3 viewpoints (summer, winter and All Season)

Vehicle - This Report covers by vehicle in the Brazil tire market breakup by 4 viewpoints (Passenger Cars, Commercial Vehicles, Electric Vehicles and Luxury/Premium Vehicle)

Region - Report covers by Region in the Brazil tire market breakup by 5 viewpoints (South East, South, North East, Mid- west, North)

All the key players have been covered from 3 Viewpoints (Overview, Recent Development, and Revenue) Bridgestone Americas Tire, The Goodyear Tire & Rubber Company, Continental AG, Nokian Tires plc, and Toyo Tires

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

Follow on Twitter: @renubresearch

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India Cold Chain Market to Grow at CAGR of 13.66% during 2021-2027 | Renub.com

posted February 10, 2022   category » india cold chain market

The report published by Renub Research, titled “India Cold Chain Market Size, Share, Forecast 2021-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis” the India Cold Chain Market is expected to reach US$ 53.07 Billion by 2027. The Indians have long curbed the enormous losses of perishable foodstuffs and initiated cold storage and cold transport facilities within the vicinities of the farms. Hence, the cold chain is integrated into the logistic processes of most of the companies and has a significant market share in cold chain logistics of perishable products (fruits, vegetables, meat, seafood, dairy products). Moreover, with the changing lifestyles and demand for processed foods, the cold chain has become the need of the hour.

Cold chain logistics are defined as a temperature-controlled supply chain cold storage and distribution in which biopharmaceutical products, perishable food (fruits, vegetables, meat, seafood, dairy products), processed food, chemicals and flowers & plants are preserved fresh, and their shelf life is prolonged to a more significant period. Besides, India has a firm concept that the cold chain has become a necessity not just for the agricultural produce but also for other products, as mentioned above.

How COVID-19 Benefited Indian Cold Chain Industry

The pandemic has positively favoured the cold chain industry, boosting the market for cold chain market. The widening demand of packaged food & beverage products is an encouraging take for cold chain in India to boom. Moreover, as the COVID-19 impacted every industry's supply chain restricted trade during the pandemic, this resulted food manufacturers to emphasize on food products and their storage techniques to increase their shelf-life, which further propelled the market for the cold chain.

Request a Free Sample Copy of the Report:  https://www.renub.com/request-sample-page.php?gturl=india-cold-chain-market-p.php

Further, the explosion of COVID-19 also has created a shift toward an organized retail market to prevent further virus outbreaks. In the COVID-19 scenario, consumers stockpiled processed food stocks with a long shelf life to perishable foods, and limited trade movements between states. Hence, the Indian infrastructure underscored the value of the food value chain to move from open-air markets to a cold-chain model to preserve perishable items for a longer duration massively.

The Realms of Indian Cold Chain Industry

The Indian Cold Chain Market revolves around the realms of Organized and Unorganized sectors. More recently, the organized industry's growth involves the application of cold chains across third-party logistics (3PLs), Quick service restaurants (QSR), retail, e-commerce. Recently, foodservice industries supported by changing consumption patterns have also brought the cold chain segments into focus. Thus, with the growth in organized food delivery, e-commerce remains a crucial driver for the cold chain sector in India.

Fruits and Vegetables hold the Dominant Place in India Cold Chain Logistics

For ages, India has been producing a million tonnes of fruits and vegetables annually. Wherein, out of total produce significant percent used to get wasted in the past years. However, with the evolution of the cold chain, the nation has been seeing significant progressing status. Remarkably, as per our analysis of market share, fruits and vegetables hold a most dominant place in cold chain logistics. This further has translated into a golden opportunity for the service providers existing in the logistics market. Additionally, the pharmaceutical industry is also prospering, which requires temperature-controlled supply logistics. The sudden outbreak of the COVID-19 led to growth of the pharmaceutical industry, wherein the vaccine market has added to the demand of the cold chain industry.

Government Incentives and Projects for the Cold Chain Industry

The Government of India has noticed the cold chain's value-added and further aims to support the cold chain industry by starting several initiatives. Under its different ministries and agencies, the Government of India has provided financial assistance and grants for setting up Cold Chain. Numerous tax exemptions and subsidies have been implemented to ensure that this industry has a growth rate with other countries.

For instance, these exemptions and benefits constitute the National Horticulture Mission (NHM), National Horticulture Board (NHB), Agricultural and Processed Food Products Export Development Authority (APEDA), Mission for Integrated Development of Horticulture (MIDH) and Ministry of Food Processing Industry (MoFPI). Along with the absolute and impeccable collaboration of the Department of Agriculture and Cooperation (DAC), which runs adjacent to grow and boost the cold storage industry in India.

Company Insights

The Indian Cold Chain Industry is a fragmented market, consisting of many local players to cater to the growing expectations and demand. Remarkable the significant players in the market include Snowman Logistics Pvt Ltd, GatiKausar India Pvt Ltd (Gati Ltd), Container Corporation of India Limited, Mahindra Logistics Limited and Future Supply Chain Solutions Ltd.

India Cold Chain Market Size was US$ 24.62 Billion in 2021

With the evolution of the changing macro-economic factors in India, the cold chain industry has a considerable scope to grow. In addition, before the GST, companies preferred to establish warehouses in tax-friendly zones. Moreover, the implementation of GST has reduced transportation delays like e-way bills, multiple check posts. Hence, GST also acts as a boon by eliminating redundant and time-consuming check posts.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/india-cold-chain-market-p.php

Additionally, tech innovations like smart sensors and data loggers connected to GPS can track real-time temperature, pressure, and humidity readings, supporting the market's advancement. Further, due to the exponential extension in the E-commerce and food tech industry, there is a huge demand for cold chains. The strong collaboration between e-tailers and the food tech supply chain industry has strengthened research and development in the cold chain industry.

Market Summary:

By Type – We have covered India Cold Chain Market through two aspects Organized and Unorganized

By Products – In the report India Cold Chain Market we have studied Biopharmaceutical Products, Perishable Food (Fruits, Vegetables, Meat, Seafood, Dairy Products), Processed Food, Chemicals, Flowers & Plants and Others.

Company – In our report market's main players studied include Snowman Logistics Pvt Ltd, GatiKausar India Pvt Ltd (Gati Ltd), Container Corporation of India Limited, Mahindra Logistics Limited and Future Supply Chain Solutions Ltd).

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

Follow on Twitter@renubresearch

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Global Biological Organic Fertilizer Market to Grow at CAGR of 12.03% during 2020-2027 | Renub.com

posted February 10, 2022   category » global biological organic fertilizers market

According to the latest report by Renub Research, titled “Biological Organic Fertilizers Market Global Forecast 2021-2027, Industry Trends, Share, Insight, Impact of COVID-19, Opportunity Company Analysis” the Global Biological Organic Fertilizers Market will be US$ 3.1 Billion by 2027. Nowadays, in developing intensive agriculture globally application of chemical fertilizers is the most adopted system. However, the continuous long-term use of chemical fertilizer has led to many unexpected effects. Hence, biological organic fertilizers in recent years have been considered an alternative source for soil, water, and crop-contaminating chemical fertilizers to have the potential to enhance soil productivity and plant growth in a sustainable agriculture worldwide.

The Prevailing Positive Growth Trend Drives Biological Organic Fertilizers:

With the rapidly growing global population, food scarcity persists as a critical issue for governments globally. This has led to shifts in terms of product development in biological organic fertilizers for the significant agrarian economies. Further, the inflating prices of synthetic fertilizers globally, lined with consumers' response to rising prices for synthetically cultivated food products, are proposed to remain driving factors boosting the consumption of biological organic fertilizers in the coming years.

Several governments have imposed regulations on the agricultural sector across. All developing and developed economies are taking into attention the environmental risks caused due to excessive use of chemical products in agriculture, which is projected to exhibit a positive growth trend for biological organic fertilizers in various seed and soil applications across the globe.

Request a Free Sample Copy of the Report:  https://www.renub.com/request-sample-page.php?gturl=biological-organic-fertilizers-market-p.php

Nitrogen Fixing Biological Fertilizers Has an Imminent Market Share as Sources of Plant Nutrients:

By type, Nitrogen Fixing and Phosphate Solubilizing Fertilizers remain a significant and sustainable input to horticulture to feed the increasing human population. The mineral, as mentioned earlier, fertilizers both plays a vital role in agriculture. The significant market shares of Nitrogen-Fixing and Phosphate Solubilizing Fertilizers is attributable to the correction of massively contaminated soil and water reserves created by the usage of synthetic fertilizers for decades globally.

In addition, nitrogen Fixing Biological Fertilizers has an assured dominant market share in Biological Organic Fertilizers, essentially as a source of nitrogen for legumes. Wherein, nitrogen-fixing bacteria are most commonly utilized biological fertilizers for plants unable to transform atmospheric nitrogen into fixed nitrogen, which is crucial for their growth and development. Microorganisms like Azotobacter, Rhizobium, and Azospirillum are primarily used bacteria for nitrogen fixation in seed and soil treatment applications.

Apart from nitrogen-fixing biological fertilizers, phosphate solubilizing natural fertilizers are deemed to be majorly demanded products worldwide. Silicate bacteria are amongst the most typical potassium solubilizing bacteria, including Bacillus glucanolyticus, B. mucilaginous, B. circulans, and B. edaphicus. Moreover, phosphate solubilizing biological fertilizers are critical components of nutrient management and are renewable and more cost-effective than synthetic fertilizers.

Remarkably, phosphate solubilizing biological fertilizers enhance plant growth and yield and improve the soil's health and fertility. Further, helping in enhancing crop immunity to diseases, thereby reduces expenses on crop protection chemicals. Besides, the multinational companies working in the spectrum are also focusing on mass commercializing potassium mobilizing biological, zinc solubilizing products, and NPK consortia liquid products.

Seed Treatment Application Has Gained Growing Importance in The Industry:

Over the past couple of years, aggressive consumption of synthetic fertilizers and many other crop care chemicals such as pesticides and insecticides has substantially deteriorated soil quality across global agrarian economies. Seed treatment is one of the most notable points of biological fertilizers application globally. Seed treatment includes dipping the wanted seeds in a blend of phosphorus and nitrogen fertilizers. Following, the seeds are sun-dried and consequently sown in the fields. The inoculant coating made on the seeds enables quick and healthy growth of the plants.

Further, the critical objective of incorporating biological fertilizers during seed treatment is to induce essential nutrients such as sulphur, zinc, nitrogen, and phosphorus, which enhance the nutritional value of vegetables & fruits, cereals, & grains. Hence, the seed treatment application has gained growing importance in the industry. As per our analysis, seed treatment application dominates the market share, primarily driven by the benefits of induced nutritional values in the seeds.

Organic Residues Are Expected to Gain Year On Year Market Share:

The global fertilizers industry is a fast-moving sector with dynamic changes on various levels across economies. By Product Type, biological fertilizers are merely referred to as organic matters derived from organic residues like farmyard manure, crop residue and green manure that encompass through the activity of microorganisms concerning nitrogen fixation or phosphorus solubility. Wherein various organisms such as Azospirillum, Cyanobacteria, Phosphate-Solubilizing Bacteria, Azolla, Aulosira, Rhizobium and Azotobacter play a significant role in the secretion of plant hormones.

Organic residues are prepared from organic matter through the microbial conversion process. Formulated organic fertilizer is free from the foul smell, weeds, and inorganic substances such as glass and plastic. The organic residues supply many macro and micronutrients, thereby improving the soil structure. The farmyard manure, crop residue and green manure are organic sources of nutrients for sustainable crop production, which supply nutrients and increase the organic matter content of soils, enhancing nutrient absorbability by plants and maintaining a relative balance of nitrogen. They increase seed germination and root and stem growth and development.

Further, with the intervention of modern organic farming practices prevailing in all countries, the growing economic regions are adapting the application of organic residues sustaining in the ecosystem. In addition, with multiple million-dollar companies working towards developing high-performance agricultural inputs such as fertilizers and various pesticides, the demand for alternative environment-friendly biological organic fertilizers is at its peak. As per our analysis, organic residues are expected to gain market share year on year, expanding their existence in the industry.

Application of Biological Organic Fertilizers Reflects High Development and Growth in Cereal Crops:

For ages, cereals production has been demanding a substantial quantity of biological organic fertilizers for the healthy development of crops. As per our analysis, various factors existing worldwide indicate that cereal crops reflect high development and growth with biological organic fertilizers. Further, utilization of biological organic fertilizers for cereal cultivation results in tall vegetation growth and high photosynthesis activity. Hence, based on our estimates, we view the cereals segment as the most dominant crop capturing the largest market share.

On the other hand, pulses & oilseeds are anticipated to record the fastest growth, in terms of market share, in the biological organic fertilizers industry. Besides, biofertilizer compositions with hosphorus solubilizing bacteria, rhizobium, plant growth-promoting rhizobacteria, and vesicular-arbuscular mycorrhiza have been determined to be most effective for a range of pulses and oilseed cultivation globally. Moreover, the growing demand for soybean, sunflower, and groundnuts across the globe are considered to be the key benefiting factor behind the application of biological organic fertilizers in the pulses & oilseeds sector.

Asia Pacific has the fastest-growing Market for Biological Organic Fertilizers:

The demand for organic fertilizers in Asia-Pacific is expected to increase with spreading awareness among the farmers about the advantages of bio-based and organic residue based fertilizers. The regional market is concentrated among major agriculture-based countries like China, India, and Vietnam, while China and India lead the market improvements. The organic fertilizer industry in Asia-Pacific is the fastest-growing amongst all the other regions. The principal players in the market are focused on new product launches to cater to a broader consumer base and expand market share in the local market.

In North America, the increasing government interventions in farming practices are expected to hike the market demand for biological organic fertilizers, which is led by significant changes in agricultural trends & methods across the U.S. and Canada. Further, with stringent regulations over huge farming communities, practise farming in the region with biological organic fertilizers to ensure sustainable long-term business.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/biological-organic-fertilizers-market-p.php

Competitive Landscape:

The biological organic fertilizer market is fragmented due to prominent international and regional players in the market. Collaborations with government organizations, expansion in the market, and product innovation are some of the strategies adopted by the companies. National Fertilizers, Madras Fertilizers, Seek Biotechnology Co. Ltd, Coromandel International, Nagarjuna fertilizers and Chemicals Ltd are leading market players in the biofertilizer market.

The consequence of COVID-19 on Biological Organic Fertilizer Industry:

The COVID-19 pandemic has reshaped the biological organic fertilizer industry, ending in the sluggish growth of the market during the forecast period. Adequate policies from the government and the implementation of feasible practices are expected to be helping companies gain profits post the immediate effects of the pandemic.

Market Summary:

By Type – We have studied Biological Organic Fertilizer Market covering Nitrogen Fixing, Phosphate Solubilizing and Others.

By Application – We have covered Seed Treatment, Soil Treatment and Root Dripping application in the global market.

By Product Type – Our study covers Microorganism such as Azospirillum, Cyanobacteria, Phospate-Solublizing Bacteria, Azolla ,Aulosira, Rhizobium, Azotobacter, Other and  Organic Residues such as Farm Yard Manure, Crop Residue, Green Manure, Other Products used in the Market.

By Crop Type – As per our analysis, Cereals, Pulses& Oilseeds, Fruit & Vegetables and Others are crops utilizing biological organic fertilizer.

By Region – In our report we have covered the regional markets of North America, Europe, Asia- Pacific, South America and Middle East & Africa.

Company – In our report market's main players studied include National Fertilizers, Madras Fertilizers, Seek Biotechnology Co. Ltd, Coromandel International, Nagarujuna fertilizers and Chemicals Ltd.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

Follow on Twitter: @renubresearch

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Japan E-commerce Payment Market to Grow at CAGR of 7% from 2022-2026 | Renub.com

posted February 10, 2022   category » japan e-commerce payment market

According to the report by Renub Research, titled “Japan E-commerce Payment Market Forecast 2021-2026, Industry Trends, Share, Insight, Growth, Impact of COVID-19, Opportunity Company Analysis” the Japan E-commerce Payment Market Size is projected to reach US$ 297.87 Billion by 2026. E-Commerce payment importance is growing in Japan modern economy. It implements a commodity way for consumers to acquire goods and services through electronic means as they are easy, quick, and convenient. E-Payment is a method that provides tools for the payment of services or goods carried on the internet. It is the ease of transaction processing in e-commerce between consumers and sellers. Japan e-commerce market presents an opportunity for international merchants to E-court an audience with money to spend and an appetite for consumer electronics and fashion.

Furthermore, the Japanese e-commerce payment industry is undergoing tremendous growth and is proposed to stimulate as the trend moves toward mobile purchases and online shopping. Without cash or cheques, this digital payment method is considered an e-commerce pay system and is often viewed as an online or mobile payment network. Paperless e-commerce Japan has revolutionized payment processing by reducing documentation, delivery costs and staffing costs. These platforms are user-friendly, increase their customer presence and take less time than manual methods. According to Renub Research findings, Japan is among the countries with the highest number of internet users in the world. The number of internet users in Japan amounted to around 116 million as of 2020.

How COVID-19 is benefiting the Japan's e-Commerce Payment Industry

The outbreak of coronavirus, which has compelled to impose lockdowns and travel restrictions, is encouraging the expanded use of e-commerce platforms in Japan. The coronavirus outbreak is transforming the way Japanese consumers shop and how they pay for their purchases. Contactless payments took an unprecedented boost during the pandemic, seen by Japanese consumers as a cleaner way to pay in-store. Users are also trying out new payment methods while purchasing from E-Commerce websites and favor methods with the most robust security against fraud losses.

Request a Free Sample Copy of the Report:  https://www.renub.com/request-sample-page.php?gturl=japan-e-commerce-payment-market-p.php

In an attempt to make e-commerce payments faster and more straightforward, more Japanese companies such as Rakuten Group, Suica, PayPal, Origami, and merPay are creating multiple payment channels. These key Japanese companies are introducing various new payment systems to attract more customers and appeal to existing ones. The change helps multiple types of customers to pay by their conventional methods. For instance, in 2020, Rakuten, Inc. established a new company to support brick-and-mortar retailers in Japan to implement digital transformation*1 by introducing multiple initiatives to merge offline and online retail (OMO*2.)

Debit Cards & Credit Cards are most Used for Online Payment in Japan

Based on the payment method, Japan e-commerce payment market includes Card, Cash, Bank transfers, Digital wallets, and others became the most commonly used e-commerce payment mechanisms in Japan. Credit cards remain the most common form of payment for e-commerce transactions; Japanese people prefer to use their debit and credit cards online. JCB, the domestic card brand, accompanies VISA, MasterCard and American Express. Cards, there is an option, local pay system called 'Konbini.

Moreover, Japanese consumers use a wide breadth of Bank transfers payment methods, known as furikomi, Japan's second-most utilized e-commerce payment method. PayEasy, a modern domestic bank transfer service, offers the ability for shoppers to pay at post offices, banks and automated teller machines. The Japanese e-commerce industry received a strong growth in 2020.

Single Language & Internet Savvy Customers Driving Japanese e-Commerce Payment Market

Segments like food & personal care, furniture & application, toys, hobby, DIY, electronics & media and fashion are the most significant purchases by Japanese customers. These retailers benefit from urban density, technically advanced customers, expanding economies, and a single language is being used for Japan's purposes. As user behavior and shopping beahviour continue to change, online services centered on e-commerce and cashless payments are becoming a fundamental part of the food & personal care, furniture & application, toys, hobbies, DIY, electronics & media, and fashion. 

Besides, Japan's fashion segment is highly developed, and the small size of the country makes shipping and product delivery much convenient. A wide range of customers paying through e-wallets, net banking, mobile payments, cash-on-delivery and other methods, which is also boosting the e-commerce payment industry in Japan.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/japan-e-commerce-payment-market-p.php

Report Summary

Payment Method – We have covered by Payment Method in the Japan E-commerce Payment Market breakup by 5 viewpoints (Card, Cash, Bank Transfer, Digital Wallet and Other)

Segment – Renub Research Report coveres by segment in the Japan E-commerce Payment Market breakup by 5 viewpoints (Food & Personal Care, Furniture & Application, Toys, Hobby, DIY, Electronics & Media and Fashion)

All the key players have been covered from 2 Viewpoints (Overview, Recent Development) Rakuten Group, Suica, PayPal, Origami, and merPay.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

Follow on Twitter: @renubresearch

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Global Neonatal Intensive Care Market to Reach USD 9.9 Billion by 2027 | Renub.com

posted February 2, 2022   category » global neonatal intensive care market

The latest report by Renub Research “Neonatal Intensive Care Market, Size, Global Forecast 2022-2027, Industry Trends, Impact of COVID-19, Opportunity Company Analysis” the Neonatal Intensive Care Market reached a value of USD 6.8 Billion by 2021. The neonatal intensive care unit is a specified nursery care room specifically designed for newborn babies up to 28 days in need of intensive medical care. The neonatal care units are equipped with advanced machines that provide critical care support to preterm babies with low birth weight or suffering from serious medical conditions like respiratory distress syndrome.

As per WHO - World Health Organisation approximately 15 million babies are born preterm every year. Apart from that, this number is surging at a great pace. Worldwide, prematurity has become one of the leading causes of death in neonate babies. And at the same time, it is likely to surge the demand for the number of neonatal intensive care units in the hospitals to assist in the proper care of newborn babies.

Recent statistic stated that, about 11% of the total pregnancies result in premature or early deliveries. Approximately 450,000 babies are born prematurely in the United States and on the globally context, around 16 million new births are early or premature stages. Further, the neonate babies that need special care and attention will often need to be admitted to specialized neonatal healthcare that has equipped with latest technologies and advanced treatment facilities. In recent years, AI intelligence into the healthcare system has played a vital role and has extended to a great extent as well as support to daily caretakers.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=neonatal-intensive-care-market-p.php

Emerging Economies to Drive Future of Neonatal Intensive Care Devices

Nevertheless, poor accessibility towards neonatal infant care in the lower-middle and low-income countries will be a major market impeding factor. In developing nations, rural and remote areas, pregnant women travel a lot of distances for deliveries of babies, thereby giving room for necessary and better treatment in the regions. Apart from that, poor infrastructure and poor-quality equipment are also the significant threats to market growth.

An increase in number of premature births across the globe will be a prominent factor augmenting the neonatal infant care market growth. Pre-term birth complications are considered the foremost cause of death among children less than 5 years of age. In low-income economies, around half of the babies are born two months early and die owing to a lack of cost-effective and basic care. Therein, in the high-income nation, almost all the pre-term babies survive.

Worldwide Neonatal Intensive Care Market Size was USD 6.8 Billion in 2021

As per our research findings; Global Neonatal Intensive Care Industry to grow with a CAGR of 6.46% during 2021-2027.

Based on Products, the market is segmented into Incubators, Neonatal Ventilators, Resuscitators, Blood Pressure Monitors, Pulse Oximeter, Capnographs, Phototherapy Equipment and others. Furthermore, the report covers on the basis of Geographical Region say North America, Europe, Asia-Pacific and Rest of World.

Apart from that, key players into the Neonatal intensive care industry are Philips, Becton, Dickinson & Company (BD), Teleflex Incorporated and Utah Medical Inc. There has been immense competition into the particular industry and to compete, the company needs to update their product differentiation and loyalty for their customers.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/neonatal-intensive-care-market-p.php

COVID-19 Impact on this Industry

The outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nations resulting in disruptions in import and export activities of Neonatal Intensive Care.

COVID-19 can affect the globally in three ways:

    Directly affecting production and demand

    Creating supply chain and market disruption

     Financial impact on firms and financial markets

Our analysts has suggested post pandemic recovery and will definitely the market will growth at a steady pace during forecast period.

Market Summary:

Products: The global market is bifurcated into Incubators, Neonatal Ventilators, Resuscitators, Blood Pressure Monitors, Pulse Oximeter, Capnographs, Phototherapy Equipment and Others

Geographical Region: In this report we have covered regions like North America, Europe, Asia-Pacific and Rest of World)

Company: Companies covered in this report are Philips, Becton, Dickinson& Company (BD), Teleflex Incorporated and Utah Medical Inc

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on LinkedIn: https://www.linkedin.com/company/renub-research

Follow on Twitter: @renubresearch

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Global Lung Cancer Diagnostics Market to Reach USD 3.6 Billion by 2027 | Renub.com

posted February 2, 2022   category » global lung cancer diagnostics market

According to Renub Research report titled “Lung Cancer Diagnostics Market, Size, Share, Global Forecast 2022-2027, Industry Trends, Impact of COVID-19, Opportunity Company Analysis” the Lung Cancer Diagnostics Market Size was USD 2.3 Billion in 2021. Lung cancer is the most typical cause of cancer-related mortality across the world. Smoking stays the predominant risk factor for lung cancer. Lung cancers are categorized histological into small and non–small cell lung cancers. The most common manifestation of lung cancer is dyspnea, cough, hemoptysis, and systemic symptoms such as weight loss and anorexia. These categories are used for treatment decisions and confining prognosis. The diagnostic evaluation of patients with presumed lung cancer includes tissue diagnosis; a complete staging work-up, including evaluation of metastases; and a functional patient evaluation.

Some Key Trends in the Lung Cancer Diagnostics Market:

  • As per WHO (World Health Organisation), in 2020, lungs cancer is the most frequently diagnosed (11.6% of all cases), followed by female breast (11.6%) and colorectal cancers (10.2%).
  • Globally, the adoption of advanced multimodal diagnostic approaches heavily influences lung cancer diagnosis. For instance, liquid biopsy and breath analysis developments are the most promising and advanced technologies for detecting biomarkers associated with lung cancer.
  • AI and Wearable devices are two niche areas that require development and standardization for commercialization. The upcoming technology based on nano-systems includes robots, fibers, and particles for sensitive detection of lung cancer.
  • Soon, nanotechnology-based theranostics, aptamers, and MIPs will occur in the early-stage diagnosis of lung cancer. These trends boost the demand for lung cancer diagnostics attributed to their laid-back usage and comparatively reduced cost.

For Lung Cancer Diagnosis Imaging Tests are the Primary Screening Techniques

Over the years, test types such as Imaging Test, Biopsy, Sputum Cytology, Molecular Test, and Others have become suitably placed diagnostic in lung cancer. The imaging tests segment was recognized as the most significant test segment due to the high usage rates of various imaging techniques, including CT scan MRI and X-ray, as the primary screening techniques used for lung cancer diagnosis. Imaging tests perform as the initial screening tool for lung cancer diagnosis and are helpful throughout the treatment period. Further, molecular tests about lung cancer facilitate personalized treatments. These tests are utilized to identify genes, specific proteins,  and other tumor-specific factors known as mutations, including ALK, EGFR, BRAF,  ROS1, HER2, and RET.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=lung-cancer-diagnostics-market-p.php

Worldwide Lung Cancer Diagnostics Industry will grow with a CAGR of 7.75% from 2021-2027

Besides, the lung cancer diagnostic market is segmented into Small-cell Lung Cancer Diagnostics and Non-Small-cell Lung Cancer Diagnostics. Small cell lung cancer spreads quickly in the body, making detecting this cancer at an early-stage difficult. However, people with non-small cell lung cancer can be treated with surgery, chemotherapy, radiation therapy, targeted therapy, or a combination of these treatments. Various subtypes of NSCLC include Adenocarcinoma, Squamous Cell Carcinoma, Large cell carcinoma, and other less frequent NSCLCs.

Along with this, Hospitals & Clinics, Diagnostic Centers, and Research institutes remain the most lucrative end-users of lung cancer diagnostics in the global market. There is a massive demand for lung cancer diagnostic in hospitals & clinics due to the rising number of patients visiting hospitals, the increasing number of in-house diagnostic procedures performed in hospitals, and cumulative awareness regarding early diagnosis.

Worldwide Rising Prevalence of Lungs Cancer in 2021:

  • As per the American Cancer Society’s for lung cancer in the United States, 235,760 new cases of lung cancer (116,660 in women and 119,100 in men) and 131,880 deaths from lung cancer (62,470 in women and 69,410 in men)
  • As per Japanese times, 130,000 people in Japan contract lung cancer every year.
  • According to LuCE, more than 310,000 adults all over Europe were diagnosed with lung cancer.

COVID-19 Impact:

With the outbreak of the COVID-19, the lung cancer diagnostic market has had a significant setback in terms of growth. As the COVID-19 cases grew, the healthcare system turned its focus in curbing the disease, resulting in the delay of diagnosis and treatment of other chronic conditions like cancer. Thus, the pandemic scenario harms the lung cancer diagnostics industry.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/lung-cancer-diagnostics-market-p.php

Competitive Landscape:

Prominent players such as Illumina, Inc., Abbott Laboratories, Thermo Fisher Scientific, Inc, QIAGEN N.V., and Roche Holding AG embrace innovative approaches such as ground-breaking marketing tactics and technological advances for cancer screening mergers and acquisitions.

Market Summary:

  • Diagnosis Test Type – Our Report covered by Diagnosis Test Type in the 5 viewpoints (Imaging Test, Biopsy, Sputum Cytology, Molecular Test and Others)
  • Lung Cancer Type – Renub Research Report covers by Lung Cancer Type in the 2 viewpoints (Small-cell Lung Cancer Diagnostics and Non-Small-cell Lung Cancer Diagnostics)
  • Non-Small- cell Lung Cancer Diagnostics – This Report covers by Non-Small-cell Lung Cancer Diagnostics into 4 viewpoints (Adenocarcinoma, Squamous Cell Carcinoma, Large cell carcinoma and others and not otherwise specified)
  • End-User – We have covered Global Lung Cancer Diagnostics Market by End-User in the 4 viewpoints (Hospitals & Clinics, Diagnostic Centers, Research Institute and Others)
  • Region- This Report covers Global Lung Cancer Diagnostics Market breakup by 4 Regions (North America, Europe, Asia Pacific and Rest of World)
  • All the major players have been covered from 3 Viewpoints (Overview, Recent Development, and Revenue Analysis) Illumina, Inc., Abbott Laboratories, Thermo Fisher Scientific, Inc, QIAGEN N.V. and Roche Holding AG

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

Follow on Twitter: @renubresearch

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Global Orthodontics Market to Grow with a CAGR of 10.2% from 2022 to 2027 | Renub.com

posted February 2, 2022   category » global orthodontics market

The latest report by Renub Research titled “Orthodontics Market Size, Share, Global Forecast 2021-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis” the Global Orthodontics Market will be USD 7.75 Billion by 2027. Orthodontic treatment is essential for oral health and improves general appearance. Orthodontic treatment is regarding more than a beautiful smile; it concerns the correction of a bad bite, repositions misaligned jaws, reducing overcrowding, and straightening crooked teeth, maximizing overall oral health. Orthodontics is a dental pursuit that focuses on improving dent facial appearance. As the importance of securing good dental hygiene and oral health is becoming recognized, the market for orthodontic procedures is growing significantly.

Likewise, the rising prevalence of dental malocclusions worldwide is one of the primary reasons for the orthodontics market growth. Dental malocclusion is characterized as morphological variations that may not be associated with other diseases and pathological conditions. According to World Health Organization (WHO), malocclusion is the third most widespread dental disease after dental caries and periodontal disease. Furthermore, a rise in awareness towards oral hygiene & dental aesthetics and a surge in dental tourism drive the orthodontic market growth.

Nevertheless, orthodontics is a specialized branch of dentistry that applies unique products such as anchorage appliances, brackets, ligatures, and archwires. Consequently, the rise in the global prevalence of orthodontic problems such as crossbite, overcrowding, diastema, and influx demand for brackets has increased tremendously. Orthodontic brackets are made with several material types such as ceramic, metals, plastic or combination materials. These are used for dental correction and improving overall dental health, such as misaligned teeth.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=orthodontic-market-p.php

Orthodontics Market is attributed to the Expanding Application of Orthodontic Instruments and Consumables in Children and Adults

Based on age group, the orthodontics market is segmented into children, teenagers, and adults. According to WHO, in 2020, about 530 million children aged 2-6 years have suffered from dental caries which need orthodontics product treatment. Orthodontic treatment helps children enhance bite and chew and adds to improved speech.

Moreover, the adult primarily opts for orthodontic treatment because of the dual benefits of an improved smile and oral health; most adult patients opt for clear aligners, ceramic braces, and lingual braces. Self-esteem & self-confidence improve owing to the placement of teeth and facial structure in proportion to orthodontic treatment.

United States, Germany, France, United Kingdom & Hungry are some of the Prominent Orthodontics Market

The dental industry in North America has been witnessing a promising rise in the trade activities of consumables, supplies, and dental materials, which is proposed to reflect substantially on the growth of the orthodontics industry. Adopting technologically advanced tools such as oral scanners serving in orthodontic treatment and increasing investment by startup dental supplies will surge the orthodontics industry in North America.

Moreover, the rapid uptake of dental services, especially in the U.K., Germany, and France, and the increase in the product of orthodontists are expanding the orthodontics market in Europe. In addition, Dental tourism has been a booming sector in the healthcare industry, owing to the quality dental services and cost-effectiveness. Hungary is deemed the dental tourism capital in Western Europe, encouraging the orthodontics market.

Key Players Operating in Global Orthodontics Industry:

The orthodontic market is highly fragmented because of the presence of global players. The major players in the market consolidated with 3M Corporation, Henry Schein, Inc., Dentsply Sirona, Align Technology, Inc., and Institut Straumann AG. These key players have focused on product innovation to augment their sales probabilities.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/orthodontic-market-p.php

COVID-19 Impact on Orthodontics Industry:

Covid-19 has become an intimidation to the entire world’s economy and has negatively affected all markets, including the orthodontics industry. A lack of skilled professionals due to medical workers being shifted to the covid-19 frontlines also negatively impacts the market. Various prominent medical device manufacturers are focused on developing equipment needed to treat coronavirus cures, posing a challenge to the global digital orthodontics industry.

Market Summary:

Type – We have covered Market breakup by 4 viewpoints by-type (Brackets, Anchorage Appliances, Ligatures, Archwires)

Age-Group – Renub Research Report covers by Age-Group in the 2 viewpoints (Children & Teenagers and Adults)

Region – Our Report covered Market breakup by 5 Regions (North America, Europe, Asia-Pacific’s, Latin America and Middle East & Africa)

All the major players have been covered from 3 Viewpoints (Overview, Recent Development, and Revenue Analysis) 3M Corporation, Henry Schein, Inc., Dentsply Sirona , Align Technology, Inc., Institut Straumann AG

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

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Global Colonoscopy Devices Market to Grow at CAGR of 6.92% during 2020-2027 | Renub.com

posted February 2, 2022   category » global colonoscopy devices market

As per Renub Research, report titled “Colonoscopy Devices Market Global Forecast 2021-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis” the Global Colonoscopy Devices Market is expected to be USD 2.1 Billion by 2027. Globally, Colonoscopy devices are used to examine the inside of the colon using a colonoscope inserted into the rectum. Wherein, colonoscope implies a thin, tube-like instrument with a light and a lens for viewing. Besides, a colonoscopy may also have a tool to remove tissue to be checked under a microscope for signs of disease. In addition, the gastroenterologist carefully guides the colonoscope in various directions to look inside the colon. After that, a picture from the camera appears on a monitor to provide a clear, magnified view of the colon lining. 

Identification of the Cause of Signs and Symptoms for Colorectal Cancer drives the Market:

A colonoscopy is conducted to find the reason for signs and symptoms, constituting bleeding from the rectum, blood in the stools, pus or mucus in the stools, unexplained abdominal pain, changes in bowel habits, and unexplained long-lasting diarrhoea, screening and examination for colorectal cancer. Popularly, colonoscopy across the world is used to examine for cancer of the colon (bowel cancer) or colon polyps, which are extensions on the colon lining that can seldom be cancerous or may grow to be cancerous. Remarkably, as per the World Health Organization, in 2020, colorectal cancer estimated for around 1.93 Million numbers and more than 935,000 deaths globally.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=colonoscopy-devices-market-p.php

Visualization System is Estimated to be the Dominating and Fastest-Growing Division:

By product, colonoscopy devices are segmented into Visualization systems, colonoscopes and others. Visualization system is estimated to be the dominating and fastest-growing segment due to increasing preference for HD visualization systems. Besides, Visualization systems are popular among medical professionals, as they efficiently help in the examination & operation of complex disorders such as Colorectal cancer, Lynch syndrome, Ulcerative colitis, and others. Besides, colonoscope devices are employed to recognize lesions in the proximal perspective of colonic folds either by proffering a retrograde appearance of the lumen or straightening the haustral folds during withdrawal. Associated benefits of colonoscopy over other treatment options, such as enhanced precision, accuracy, and medication safety, are expected to boost its demand in surgical centres.

Hospitals Emerged as the Largest End-User Segment:

Hospitals are the primary health system constituting the usage of colonoscopy devices globally. The abundance of colorectal surgeries undertaken at hospitals is comparatively higher than the other health systems, such as clinics, ambulatory surgical centres (ASCs) or others. Consequently, the demand for colonoscopy devices in hospitals is relatively higher than that in other end-use segments.

North America Rules the Market and is anticipated to continue to do the same during the Forecast Period:

Currently, North America dominates the market for colonoscopy devices, and it is expected to continue its stronghold during the forecasted period. Key factors accountable for its dominance are increased treatment rates, high incidence of colorectal cancer in the region, inflated medicine prices compared to other major regions like Europe, Asia Pacific, South America and Middle East& Africa. In addition, the high unmet clinical needs of patients in the areas of North America, such as the lower Mississippi Delta and parts of Appalachia in the United States, are also boosting the market growth. Furthermore, growing healthcare investment and the well-established healthcare foundation are also fuelling the development of the overall regional market to a large extent.

Major Players in the Competitive Panorama:

The market is profoundly competitive and consists of several global players. As the industry progresses, the firms try to achieve clear differentiation in colonoscopy systems based on their application. Due to high-quality imaging and operative capabilities requirements, various customer groups are shifting toward optimized visualization systems that integrate colonoscopes and cameras. Some of the companies currently present in the market are Boston Scientific Corporation, Medtronic, Steris Plc, Olympus and Hoya. For instance, in April 2021, Medtronic launched an AI-based colonoscopy device in the US on the heels of FDA clearance.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/colonoscopy-devices-market-p.php

Impact of COVID-19 on Colonoscopy Devices Industry:

COVID-19 pandemic had an immediate influence on the colonoscopy healthcare industry. Colonoscopy, the backbone for the diagnosis & administration of colorectal cancer, has come under tension due to COVID-19 in 2020. All non-urgent methods have been either rescheduled or substituted by replacement biomarkers. The pandemic was the chief reason for the slump of the market for colonoscopy devices in 2020. However, in 2021, the market has rebounded with double percentage maturity.

 

Market Summary:

  • By Product: We have covered Visualization system, Colonoscope and Others as major variants existing in the industry.
  • By Application: We have studied the application of Colonoscopy Devices in Colorectal cancer, Lynch syndrome, Ulcerative colitis and other.
  • By End User: We have covered Hospitals, Clinic, Ambulatory surgery center and others as end users.
  • By Region: We have analysed the Colonoscopy Devices industry in North America, Asia Pacific, Europe, Latin America, Middle East & Africa.
  • Company Analysis: In our report market's main players studied includeBoston Scientific Corporation, Medtronic, Steris Plc, Olympus and Hoya.


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