Market Research Blog – Page 3379 – New Product Development

Sleeping Bags Market Anticipates Robust Growth, Projecting US$ 3,050 Million by 2032 | FMI

The sleeping bags market size was valued at US$ 1,545 Million in 2021 and is likely to reflect a Y-o-Y growth of 7.1% in 2022 to reach US$ 1,655 Million. By 2032, a valuation of US$ 3,050 Million is projected, with an expected CAGR of 6.3%.

People need more sleeping bags because they are doing things outside like hiking, mountain walking and camping. This is why sales for them have increased rapidly.

The more people who like adventure, the higher demand will be for sleeping bags. Fun activities not only make you closer to nature but also give a cheap and low-cost holiday. This makes many people enjoy doing these things too, so more sleeping bags are sold in the market for them to use.

Packing bags for camp trips need sleeping bags now. The spread of online shopping is making sleeping bags and its types easier for people to get. This helps increase how much the public wants these items in stores.

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The market for sleeping bags worldwide, which was valued at US$ 1,545 million in 2021, is anticipated to rise by 7.1 percent year over year in 2022 to reach US$ 1,655 million. A valuation of US$ 3,050 million is anticipated by 2032, with a CAGR of 6.3 percent predicted.

Rise in prevalence of outdoor activities coupled with increasing population of adventure enthusiasts is driving the Sleeping Bags:

Globally, the demand for sleeping bags is rising at a steady rate owing to an increase in the population of nature lovers as they are more inclined towards adventurous activities. The increasing rate of adoption of adventurous vacation spots of the millennial population owing to increasing awareness about the benefits of camping such as reduces stress and improved mental and emotional health has led to an increase in the demand for sleeping bags in the market.

The availability of different variants of sleeping bags which are suitable for different purposes and different demography makes it a customer friendly product. The manufacturers of sleeping bags are coming up with new and innovative products for serving various types of consumer demand by introducing products which are suitable for all types of climatic conditions, durable and at the same time are pocket-friendly leading to a hike in demand for sleeping bags in the market.

The emergence of social media as a key influencer on the interest of consumers also plays a major role in encouraging the growth of camping activities and eventually the growth in demand for sleeping bags in the market.

Market participants:

The key market participants identified across the value chain of the Sleeping Bags are Decathlon S.A, Recreational Equipment, Inc., Johnson Outdoors Inc., Western Mountaineering, V.F. Corporation, ENLIGHTENED EQUIPMENT, Oase Outdoors ApS, Feathered Friends, Katabatic Gear LLC, Jarden Corp., Patagonia International, Inc., Exxel Outdoors, LLC, and NEMO Equipment, Inc. are among others.

Opportunities for Sleeping Bags Market Participants:

The global sleeping bags industry is anticipated to grow at a steady rate owing to the rising trend of adventure activities coupled with the growing interest of the millennial population in outdoor activities. The market is driven by the multifunctional nature of the sleeping bags such as providing safety, temperature insulation, comfort, ease of use, convenience factor, and portability making sleeping bags a must-have equipment in a mountaineer’s bag.

The growing awareness about the availability and accessibility of the sleeping bags also supplement the growth of the sleeping bags in the market. Sensing a lucrative growth in the sleeping bags industry various new market entrants are expected to enter this niche market.

The Sleeping Bags market on the basis of region has been segmented as:

North America
Latin America
Europe
CIS & Russia
Japan
APEJ
The Middle East & Africa

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

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Sleeping Bags Market: Market Segmentation

On the basis of Demography

Male
Female
Unisex

On the basis of Insulation Type

Down
Synthetic

On the basis of Size

Kids
Long
Regular

On the basis of Shape

Rectangular Shape
Mummy Shape

On the basis of Sales Channel

Multi Brand Stores
Independent retailers
Supermarket/Hypermarket
Online Sales
Company Website
3rd party Online Sales
Specialty stores

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Concrete Admixture Market on the Rise: A Look Ahead to 2032 with a Projected CAGR of 6.1%

The global concrete admixture market is expected to reach a value of US$ 15.1 billion in 2022. With a steady CAGR of 6.1%, the market will reach US$ 27.4 billion by 2032. Notable rise in the use of concrete admixture in concrete formulations for the construction of industrial, residential, and commercial structures is anticipated to expand the concrete admixture market.

Rising infrastructural needs of emerging economies, accelerated urbanization, and increasing government initiatives in the construction sector will push the construction market. This will culminate in a rise in the demand for concrete admixture.

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Construction sites have high water requisites. Since it is difficult to have constant and easy access to water, water-reducing admixtures like plasticizers and superplasticizers are in high demand. Apart from removing water from concrete, plasticizers provide strength, durability, and a strong bridge between concrete and steel. Plasticizers also aid in reducing cracking, segregation, and bleeding which promotes growth. All these properties promote the growth of the market.

“High adoption rates of ready-mix concrete and precast concrete are likely to fuel demand for admixtures like superplasticizers. This will definitely boost growth in the concrete admixture market over the forecast period,” –says an FMI analyst.

Key Takeaways:

Plasticizers and superplasticizers will dominate the concrete admixture market.
High demand for fast-setting concrete admixtures will propel market expansion.
India noted a rise in demand for liquid concrete admixture.
Concrete admixture market in India is predicted to exhibit a CAGR of 8.5%
Rapid expansion of the construction industry in China will boost the market possibilities for the Asia Pacific.
By application, residential segment will account for 62.3% market share during the forecast period.

Competitive Landscape

BASF SE, SIKA AG, GCP Applied Technologies, RPM International Inc., Fosroc International, Mapei S.P.A, CICO Technologies, CHRYSO S.A.S, Pidilite Industries Ltd, Rhein-Chemotechnik GmbH, Weber Saint-Gobain, Polisan Kimya San. A.S, Shandong Wanshan Chemical Co. Ltd., CEMEX SAB de CV, and others are some of the major players in the concrete admixture market that are profiled in the full version of the report.

In a competitive market, major players in the global concrete admixture market are focused on employing alternative distribution channels. These organizations are investing in research and development activities so as to innovate their existing product line and make it more eco-friendly.

More Insights into the Concrete Admixture Market Report

In its latest report, FMI offers an unbiased analysis of the global concrete admixture market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market potential, growth, and capacity, the market is segmented based on product type (accelerating admixture, air-entraining admixture, retarding admixture, water-reducing admixture (plasticizers, superplasticizers), waterproofing admixture, others), application (residential, infrastructure, commercial, industrial), and region.

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Concrete Admixture Market Segmentation Analysis

By application type, residential segmentation accounts for around 62.3% market share of the global concrete admixture market. Increasing disposable incomes and a rise in nuclear families have led to high demand for residential construction thus driving the segment’s growth.

Based on product type, the residential sector will make extensive use of air-entraining concrete admixture. This will compound the demand for the admixture. Another product type that will gain traction is the water-reducing admixture

Concrete Admixture Market Regional Analysis

According to FMI reports, Asia Pacific is anticipated to monopolize the global concrete admixture market over the forecast period. Expansion of the construction industry with rising investment in infrastructure development projects and government initiatives will boost the market in China. Additionally, China has registered high demand for liquid admixture due to its high-strength properties.

The burgeoning urban population in metros and innovative development plans for non-metro cities carry significant growth potential for various end-use sectors. This is fostering an atmosphere of growth for the concrete admixture market in India. Furthermore, easy access to such cost-effective raw materials and increasing investment in non-residential projects will also boost the regional market.

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Beach Hotels Market Envisions Remarkable Growth, Predicts US$ 326.2 Billion by 2033 | FMI

The global beach hotels market is expected to create flourishing growth opportunities over the forecast period from 2023 to 2033. The global market is anticipated to have revenue of US$ 208,002.2 Million by the end of 2023. In the long-term, the beach hotels market is estimated to reach around US$ 326,246.3 Million in 2033.

The beach hotel market is predicted to augment over the upcoming years. Growth in the market is attributed to increasing tourism, rising disposable incomes, and growth in the number of international travelers. Beach destinations are popular among tourists, and this is likely to drive demand for beach hotels. Furthermore, the development of new infrastructure and facilities at beach destinations is also expected to boost the growth of the beach hotel market.

Beach hotels are those hotels that are located near a beach and have a sea-facing view. Several beach resorts offer travelers private beaches as well as upscale hotel options. These are quite popular with honeymoon couples since they include a variety of activities like hiking and surfing, water sports, and bicycling, as well as luxuries such as physical fitness and spa services. Mental restoration is one of the most essential benefits of beach resorts.

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Key Takeaways

The rising popularity of beach hotels is attributed to visitors’ growing inclination towards tranquil settings over busy regions. Increases in per capita income in emerging countries, increased individual buying power, a spike in vacation travel, and different discounts given on internet booking are likely to promote industry expansion.
People are rapidly becoming more prosperous, which is driving their urge for luxury vacation experiences. Beach hotels are anticipated to offer high-end facilities and services to fulfill these tourist desires.
Luxury beach hotels in Ravello, Italy, such as the Aman Tokyo and the Belmond Hotel Caruso, are capitalizing on the rising demand for luxury vacation experiences by providing high-end facilities and services.
Several guests are rapidly becoming environmentally concerned due to which they seek out hotels that use sustainable techniques. These customers may be drawn to beach hotels that encourage eco-friendly measures such as energy-efficient lighting and recycling programs.
Four Seasons Resort in the Maldives is one of the best-known resorts in the area known as an environmentally friendly resort that employs solar electricity and has a coral-rejuvenation Programme to protect the local marine environment.
Technology is gaining maximum traction within the hotel sector globally. Beach hotels are incorporating advanced technology by providing mobile check-in, room controls, and virtual concierge services, for example. Beach hotels may attract visitors by providing a variety of adventure and aquatic sports such as scuba diving, snorkeling, windsurfing, and so on.
To attract luxury guests, beach hotels may differentiate themselves by offering high-end facilities and services such as private pools and beach clubs. Furthermore, the beach hotel sector is a prominent and expanding industry worldwide.
Expanding into new markets, such as emerging economies or underserved regions, providing guests with unique and differentiated experiences, such as eco-tourism or wellness retreats, and leveraging technology to improve the guest experience and streamline operations are some potential growth opportunities for beach hotels.
The worldwide beach hotels market is predicted to increase in the present market situation due to the presence of various international and local businesses. These are firms that operate in a variety of sectors throughout the world that incorporate beach hotels into their business strategy.

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Competitive Landscape

Despite fierce competition among beach hotels, each one is distinguished from one another and focuses on providing its visitors with a special and unforgettable experience. While some hotels place a higher priority on offering an opulent and lavish stay, others place more emphasis on sustainability and eco-friendliness. While some hotels prioritize creating a romantic and cozy setting, others appeal to families with children by offering kid-friendly activities and entertainment.

More Insights into the Beach Hotels Market

The European region is anticipated to dominate the global beach hotels market over the valuation period. Europe is a popular type of accommodation for tourists who aim to enjoy the sun, sand, and sea during their vacation. These hotels are typically located near the beach or have direct beach access, and they offer a wide range of amenities and services to guests.

Beach hotels are mostly found in famous tourist sites all over Europe including Spain, Italy, Greece, Croatia, France, Portugal, and Turkey. These countries have a long coastlines and several beaches. Beach hotels can also be found in less well-known places such as the Baltic States, Ireland, and the United Kingdom.

Beach Hotels Market by Category

By Age:

Under 15
16-25
26-35
36-45
46-55
Over 55

By Demographic:

Male
Female
Kid

By Nationality:

Domestic
International

By Booking Channel:

Phone Booking
Online Booking
In Person Booking

By Country:

USA
Canada
Brazil
Mexico
Germany
United Kingdom
France
Spain
Russia
India
China
Japan
Malaysia
Singapore
Australia
UAE
KSA
Italy
Qatar
Oman
ROW

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Global Closed System Transfer Devices Market to achieve US$ 3800 Million by 2032

The global closed system transfer devices market demand has marked a significant milestone, estimating a staggering US$ 872 Million valuation in 2022. This achievement follows a trajectory of unprecedented growth, anticipated to soar to an impressive US$ 3800 Million by 2032. The industry’s evolution, propelled by cutting-edge technological advancements, promises revolutionary changes in healthcare service delivery.

The forecast, as projected by FMI, outlines a remarkable compound annual growth rate (CAGR) of 18.1% during the ten-year period from 2022 to 2032. This unprecedented growth signifies not just a burgeoning market, but a transformation in the way healthcare is administered and managed globally.

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“The rapid expansion of the closed system transfer devices market is a testament to the relentless pursuit of innovation and the commitment to enhancing healthcare services worldwide,” stated Future Market Insights. “Technological advancements play a pivotal role in redefining the landscape of healthcare delivery, ensuring safer and more effective patient care.”

Closed system transfer devices have emerged as a critical component in the healthcare industry, facilitating the secure transfer of medications and reducing the risk of contamination or exposure for both healthcare workers and patients. The market’s exponential growth reflects the increasing adoption of these devices across healthcare facilities globally.

This meteoric rise aligns with the market’s ever-evolving demands for heightened safety protocols and the imperative need for more efficient healthcare delivery systems. The surge in investments and support from various sectors augurs well for the continued advancements within the closed system transfer devices industry.

As the market continues its upward trajectory, stakeholders, innovators, and healthcare providers remain committed to fostering a safer, more secure healthcare environment, ensuring the best possible outcomes for patients and healthcare professionals alike.

Key Takeaways from the Market Study: Closed System Transfer Devices:

Growing Demand: The closed system transfer devices (CSTD) market is witnessing significant growth due to increasing concerns about the safety of healthcare workers and patients during the handling of hazardous drugs. The demand for CSTDs is rising as they provide a closed environment for drug transfer, minimizing the risk of contamination and exposure.
Stringent Regulatory Standards: Regulatory bodies and organizations such as the US Food and Drug Administration (FDA) and Occupational Safety and Health Administration (OSHA) have issued guidelines and standards regarding the safe handling of hazardous drugs. Compliance with these standards is driving the adoption of closed system transfer devices across healthcare facilities and pharmacies.
Increased Awareness: There is a growing awareness among healthcare professionals about the potential risks associated with the handling of hazardous drugs. This awareness has led to a higher demand for closed system transfer devices as healthcare facilities prioritize the safety of their staff and patients.
Oncology Segment Dominates: The oncology segment holds a significant share in the closed system transfer devices market. Chemotherapy drugs are highly hazardous, and their safe handling is crucial. CSTDs are extensively used in oncology units and cancer treatment centers to minimize the risk of exposure to these drugs.
Hospital Settings Lead Adoption: Hospitals are the major end-users of closed system transfer devices due to the large number of drug handling activities performed within their premises. The implementation of closed system transfer devices in hospitals ensures the safety of healthcare workers during drug preparation, administration, and disposal.

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Closed System Transfer Devices Market Trends and Drivers:

The most important ones include the growing use of CSTDs to counteract the negative effects of cytotoxic and antineoplastic medications. Drugs known as antineoplastics are dangerous and frequently used in the treatment of cancer. Health care professionals who handle these medications during their production, distribution, administration (both pre- and post-administration), and disposal are at extremely high risk.

The use of CSTDs is advised by the National Institute for Occupational Safety and Health (NIOSH) in order to prevent the negative effects brought on by exposure to dangerous compounds that enter the body during the preparation and delivery of medications. CSTDs serve as a barrier that stops contaminants from entering and from moving from the atmosphere to a sterile environment. These benefits have led to an increase in the usage of CSTDs in healthcare facilities to combat the negative effects of dangerous medications. Chemotherapy, a widely used cancer treatment, employs one or more antineoplastic medications to kill patients’ aberrant cells.

To increase safety when preparing, transporting, giving out, and discarding hazardous pharmaceuticals, closed system transfer devices (CSTDs) should be used in conjunction with other safety measures such wearing gloves, gowns, masks, and vented preparation hoods. The demand for CSTDs is anticipated to rise in the approaching years due to the rising incidence of cancer and rising use of chemotherapy therapies.

Closed System Transfer Devices Market Competition:

Some of the most prominent companies in the global Closed System Transfer Devices market are ICU Medical, Inc., Equashield LLC, Becton, Simplivia Healthcare, Dickinson and Company, B. Braun Melsungen AG, Corvida Medical, Yukon Medical, Baxter International Inc., and others.

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Key Segments Profiled in the Closed System Transfer Devices Market:

By Product

Systems
Needle Free Systems
Needle Systems
Component
Vial Adaptors
Syringe Adaptors
Tubing Sets and Accessories

By Application

Pharmacy
Nursing
Veterinary

By Distribution Channel

Direct Sales
Distributors

By Region

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

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Global Unilateral Biportal Endoscopy Market is poised to create a lucrative US$ 1500 million opportunity by 2032, per FMI

The global unilateral biportal endoscopy market size is anticipated to experience substantial growth, with estimations projecting a surge from US$ 750 million in 2021 to a robust US$ 798 million in 2022. This upward trajectory signals a promising future, projecting a continuous climb at a compound annual growth rate (CAGR) of 6.5% from 2022 to 2032, ultimately reaching a staggering US$ 1500 million.

Attributed to the convergence of factors including the ageing population and substantial financial investments in the healthcare systems of emerging economies, the market is witnessing a significant expansion. This growth is indicative of the escalating demand for innovative medical solutions, underscoring the crucial role played by advancements in healthcare technologies.

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The current projections signify a remarkable 6.5% CAGR growth, representing a compelling opportunity for market players and stakeholders. The sustained growth trajectory not only demonstrates the market’s resilience but also highlights the potential for further advancements and innovation in the sector.

Additionally, due to its high rate of recoverability and classification based on infection risk, reusable segment Unilateral Biportal Endoscopy Aviation is becoming more and more popular. The demand for the aforementioned market is anticipated to increase in the near future as a result of the expanding investment in the healthcare sector and the supportive policies established by US and Canadian hospitals.On the other hand, exorbitant costs and a dearth of skilled endoscopic practitioners are the main obstacles to the growth of the worldwide unilateral biportal endoscopy market.

Key Takeaways from the Market Study:

Unilateral Biportal Endoscopy for Decompression application segment captures the largest share of more than 40% across the globe, documenting a CAGR of 7% throughout the forecast period.
Reusable type segment to expand at a CAGR of 6.7% during the forecast period
Hospitals segment is likely to capture the largest market share of more than 48%
The North American market is expected to secure USD 720 Million while expanding at a CAGR of 7%
APAC to record a CAGR of 6.5% during the forecast period

“Increasing prevalence of chronic diseases like cancer and upward trend of adopting less invasive procedure is propelling the demand for the Unilateral Biportal Endoscopy across the world.” says an analyst at Future Market Insights

Competitive Landscape:

Key players in the global Unilateral Biportal Endoscopy market include Endovision Co. Ltd., Karl Storz, Smith & Nephew, Stryker Corporation, CONMED Corporation, Maxer Endoscopy GmbH, Joimax GmbH, Richard Wolf, Jiangsu Bonss Medical Technology Co. Ltd., Kinetix Lifesciences

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Some of the recent key developments among the players are:

In May 2022, Boston Scientific Corporation announced the worldwide commercial availability of its SpyGlass™ Direct Visualization System for single-operator duodenoscope assisted cholangiopancreatoscopy (SODAC) or visual examination of the bile ducts.
In Jan 2022, Stryker announced completed the acquisition of all of the issued and outstanding shares of common stock of Vocera Communications, Inc. for US$ 79.25 per share, or a total equity value of approximately US$ 2.97 billion and a total enterprise value of approximately US$ 3.09 billion.
In May 2022, DLA Piper advised CONMED Corporation in its agreement to acquire privately-held In2Bones Global, Inc. (In2Bones), on a cash-free, debt-free basis, for cash consideration of US$145 million at closing. The deal also includes an additional US$110 million in growth-based earnout payments over four years

More Valuable Insights Available:

FMI, in its new offering, presents an unbiased analysis of the global Unilateral Biportal Endoscopy, presenting historical market data (2017 to 2021) and forecast statistics for the period of 2022 to 2032.

Key Segments Covered in the Unilateral Biportal Endoscopy Industry Survey:

Unilateral Biportal Endoscopy by Product Outlook:

Reusable Unilateral Biportal Endoscopy
Single-use Unilateral Biportal Endoscopy

Unilateral Biportal Endoscopy by Application:

Unilateral Biportal Endoscopy for Decompression
Unilateral Biportal Endoscopy for Lumbar Central Canal Stenosis
Unilateral Biportal Endoscopy for Degenerative Lumbar Canal Stenosis
Unilateral Biportal Endoscopy for Lumbar Spinal Stenosis
Unilateral Biportal Endoscopy for Deherniation
Unilateral Biportal Endoscopy for Spinal Stabilization
Others

Unilateral Biportal Endoscopy by End-user:

Unilateral Biportal Endoscopy in Hospitals
Unilateral Biportal Endoscopy in Ambulatory Surgery Centers/Clinics
Other end-users

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Global Motion Stimulation Therapy Market to achieve a worth of US$ 1.8 Million by 2032, underscoring the pervasiveness of sedentary lifestyles

The global motion stimulation therapy market size exhibited robust growth in the fiscal year 2021, with a valuation of US$ 1.1 Million. According to industry projections, this market is poised for a consistent upward trajectory, showcasing a 9.1% year-on-year growth rate, culminating in a market value of US$ 1.2 Million by the end of 2022.

The forecast for the period spanning from 2022 to 2032 remains equally optimistic, with an anticipated Compound Annual Growth Rate (CAGR) of 4.1%. This trajectory suggests substantial expansion, ultimately propelling the market to a value of US$ 1.8 Million by 2032.

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Athletes and fitness enthusiasts are also turning to motion stimulation therapy to enhance their performance and expedite recovery. High-intensity vibration platforms, for instance, have been shown to improve muscle strength, flexibility, and balance. This has led to their adoption in professional sports training facilities as well as home gyms.

Moreover, the Motion Stimulation Therapy Market is expanding its reach in the field of rehabilitation and pain management. Patients recovering from surgeries or dealing with chronic pain conditions find relief through targeted motion stimulation therapy. This non-pharmacological approach offers a holistic alternative to traditional pain management techniques, reducing the need for pain medications and their associated side effects.

The future of motion stimulation therapy holds great promise, driven by ongoing research and technological advancements. As wearable devices and home therapy solutions become more accessible, individuals can take greater control of their health and well-being. However, it’s essential for healthcare professionals and consumers alike to stay informed about the latest developments and ensure that these therapies are applied safely and effectively. As the Motion Stimulation Therapy Market continues to evolve, it has the potential to revolutionize how we approach fitness, rehabilitation, and overall health.

Some Of The Key Areas Where Motion Stimulation Therapy Has Been Applied Include:

Physical Rehabilitation: Motion stimulation therapy is often used in physical rehabilitation settings to help individuals recover from injuries or surgeries. It can include exercises and activities that help patients regain strength, flexibility, and mobility.
Balance and Vestibular Rehabilitation: For individuals with balance disorders or vestibular problems, motion stimulation therapy can help improve their sense of balance and reduce dizziness or vertigo.
Mental Health: In the context of mental health, certain forms of motion therapy, such as dance therapy and yoga, can be used to reduce stress, improve mood, and enhance overall psychological well-being.
Autism Spectrum Disorders: Motion stimulation therapy has been explored as a therapeutic option for individuals with autism spectrum disorders to enhance sensory integration and improve social and motor skills.
Athletic Performance: Athletes and sports professionals may use motion stimulation techniques as part of their training regimens to improve agility, coordination, and performance.
Aging Population: As the population ages, there is a growing interest in motion therapy for older adults to maintain physical function and independence.

Regarding the motion stimulation therapy market, it’s important to note that this field encompasses a wide range of therapeutic modalities and devices, including virtual reality-based systems, motion-sensing technologies, specialized exercise equipment, and various therapeutic approaches. The market for motion stimulation therapy products and services can vary depending on factors such as geographic region, the specific therapeutic application, and technological advancements.

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Key Companies Profiled:

Valencia CA USA
Cyberonics
Medtronic
Innovative Neurotronics Inc.
Boston Scientific Corporation
Bioness Inc.
St. Jude Medical Inc.
Nevro Corporation

Key Segments Covered in the Motion Stimulation Therapy Market Study

Motion Stimulation Therapy Market by Therapy Type:

Functional Neuromuscular Motion Stimulation Therapy
Peripheral Motion Stimulation Therapy
Deep Brain Motion Stimulation Therapy
Therapeutic Electrical Motion Stimulation Therapy

Motion Stimulation Therapy Market by End User:

Motion Stimulation Therapy across Hospitals
Motion Stimulation Therapy across Specialty Clinics
Motion Stimulation Therapy across Other End User

Motion Stimulation Therapy Market by Region:

North America Motion Stimulation Therapy Market
Latin America Motion Stimulation Therapy Market
Western Europe Motion Stimulation Therapy Market
Eastern Europe Motion Stimulation Therapy Market
Asia Pacific excluding China & Japan Motion Stimulation Therapy Market
China Motion Stimulation Therapy Market
Japan Motion Stimulation Therapy Market
Middle East and Africa Motion Stimulation Therapy Market

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Restaurants and Mobile Food Services Market Forecasting a Landmark US$ 3.08 Trillion by 2033 | FMI

The restaurants and mobile food services market is estimated to be valued at US$ 2.29 trillion in 2023 and is projected to record a CAGR of 3.0% between 2023 and 2033 to reach an expected valuation of US$ 3.08 trillion by 2033.

The market for restaurants and mobile food services is anticipated to grow as technology replaces the meal delivery industry. The adoption of automation and improved procedures in the food industry is gradually gaining popularity as both businesses and consumers benefit. The market for restaurants and mobile food services has experienced spectacular expansion thanks to the social media era, Generation Z, and the twenty-first century.

Online Food Delivery could have Deleterious Repercussions that Limit the Market’s Expansion.

Customers are apprehensive about online food ordering because of a couple of its drawbacks. Even while food delivery provides numerous advantages, there are some drawbacks as well. When there is a lot of traffic, home delivery applications encounter problems.

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Food from delivery services is typically wrapped in plastic, making it less aesthetically pleasing than food that is presented correctly on your plate in a restaurant. The fact that guests may be charged extra fees for using meals on wheels is another drawback.

Even though most nations provide free meal delivery, if an order’s value is below a certain level, customers could still be asked to pay for delivery—even though the food they bought was fairly reasonably priced. This has an adverse effect on the market for restaurants and mobile food providers.

Regional Outlook

Currently, Asia Pacific is dominant and holds a substantial market share for restaurants and mobile food services. The causes of this include rapid urbanization, an increase in disposable income, and a willingness among individuals to try new dishes.

In particular, there have been numerous mergers and acquisitions in the food business, especially in China and India, which indicates that the market may prosper in the years to come.

After Asia Pacific, North America holds a significant market share in second place, followed by Europe. Both North America and Europe are expected to experience moderate growth during the predicted period.

Key Takeaways

During the projection period, the United States restaurants and mobile food services market is expected to reach US$ 565.6 billion.
China is anticipated to outpace its competitors in the restaurants and mobile food services market, which is forecast to reach US$ 715.95 billion by 2033 and exhibit a CAGR of 5.4% between 2023 and 2033. From 2023 to 2033, the restaurants and mobile food services market in Japan is expected to expand at a CAGR of 0.8%.
From 2023 to 2033, the restaurants and mobile food services market in Canada is projected to record a CAGR of 2.2%.
The market in Germany is anticipated to expand within Europe at a CAGR of 1.4%.
The market in Asia Pacific is anticipated to reach US$ 356.9 billion over the projected period, driven by nations like Australia, India, and South Korea.
Between 2023 and 2033, the Cafeterias, Grill Buffets, and Buffets segment may record a CAGR of 3.4%.

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Key Players

Brinker International Inc.
Chick-fil-A
Chipotle Mexican Grill Inc.
Darden Restaurants Inc.
Eat Drink Collective
Kogi BBQ
KoJa Kitchen LLC
Lukes Seafood LLC
McDonald Corp.
OINK and MOO BBQ
Restaurant Brands International Inc.
The Grilled Cheeserie
The Subway Group
World Famous House of Mac
YUM Brands Inc.

Recent Development

Launches – 2022
Outback Steakhouse restaurants opened new locations in May 2022 with a more contemporary dining area. Three added eateries were opened by the corporation, one each in Fort Worth, Steele Creek, and Polaris.
In May 2022, Domino’s introduced a brand-new pizza option for Indian clients called paratha. There are three types of this fusion food: cheese paratha pizza, paneer paratha pizza, and chicken keema paratha pizza.
Partnership – 2022
Starbucks Corporation and Grab, one of the top businesses in South East Asia, entered a partnership in March 2022. By working together, it sought to provide better customer service while servicing customers in the Philippines, Thailand, Singapore, Malaysia, Indonesia, and Vietnam.

Key Segments

By Type:

Full-service Restaurants
Limited-service Restaurants
Cafeterias, Grill Buffets, and Buffets
Mobile Food Services

By Region:

North America
Europe
Asia Pacific
Latin America

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Trade Management Software Market Growth to US$ 3.4 Billion by 2032 with 10.9% CAGR

The trade management software market is expected to grow at a value of 10.9% CAGR, according to Future Market Insights. The market is expected to reach US$ 3.4 Billion by 2032. Trade management software enables businesses to improve their sales and increase the ROI of their marketing spending from manufacturer to wholesaler to retailer, and finally to the consumer.

Importers and exporters can also use trade management software to help them manage international trade difficulties. Furthermore, in today’s compliance-driven and security-conscious market, they help decrease the risks and control the expenses involved with international trade. These will be the primary drivers of this market.

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As the volume of worldwide trade grows, so does the need for better global logistics and cargo tracking. Trade management software includes capabilities that assist traders and businesses in reducing supply chain and compliance risk. It connects importers and exporters to their international suppliers, logistics providers, brokers, and carriers. Companies can also use the software to maintain visibility and monitor cross-border transactions. The program decreases risk and aids in the effective control and management of imports and exports, as well as regulatory and legal rules, by automating the coordination of cross-border transactions.

Furthermore, the significant increase in worldwide traffic as a result of expanding globalization, as well as the creation of new trade routes, will help satisfy the increased freight transport demand growth in the coming decades. The additional marine, barge, and rail routes will contribute to such demand growth while also altering trade flows and logistical tactics. Organizations can use trade management software to optimize the usage of new trade routes. Furthermore, the integration of technologies like AI, ML, IoT, and others is paving the way for connected logistics, which is expected to drive the demand for trade management software even further.

During the projected period, APAC is expected to lead the worldwide trade management software market. APAC comprises various growing countries that are seeing tremendous growth in their own manufacturing sectors; the region has evolved into a worldwide manufacturing powerhouse. China, along with other developing countries like India, South Korea, and Vietnam, is enticing a lot of businesses to relocate their low- to medium-skilled manufacturing operations to neighboring countries with lower-cost labor.

Key Takeaways from the Trade Management Software Market Report:

In 2022, the global trade management software market is estimated to have a global market size of US$ 1.2 Billion
By component, the solutions segment took 35% of the global trade management software market share in 2021
By deployment type, the cloud segment acquired a market size of 28% in 2021.
The transportation and logistics segment is expected to grow with a 10.6% CAGR during 2022-2032.
Asia Pacific is a highly opportunistic market, expected to grow at a 10.3% CAGR
Over 2/5^th of the global trade management market revenue will be contributed by North America

Competitive Landscape:

In 2021, Oracle partnered with Pharmaniaga Berhad. Pharmaniaga Berhad (Pharmaniaga) has selected Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) to improve logistical operations for COVID-19 vaccine delivery in Malaysia. Pharmaniaga can improve the efficiency and security of its logistics operations by adopting Oracle Cloud SCM to automate planning and execution processes and receive real-time shipment analytics.
SAP Hong Kong and consulting behemoth Deloitte collaborated in 2021 to bring major benefits to cross-border trade firms. Deloitte, in collaboration with SAP, offers one-stop end-to-end global trade services, including SAP GTS-enabled Smart GTS.

Leading Key Players:

Amber Road Inc.
Aptean Inc.
Integration Point Inc.
Livingston International Inc.
MIC Customs Solutions
MIQ Logistics
Oracle Corporation
Precision Software
QuestaWeb Inc.
SAP SE

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More Valuable Insights:
Future Market Insights, in its new offering, presents an unbiased analysis of the global trade management software market, presenting a historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights based on component Types (services, solutions), by deployment (on-premise, cloud), organization size (SMEs, large enterprises), vertical (Transportation And Logistics, Government And Public, Healthcare And Life Sciences, Aerospace And Defense, Manufacturing, Consumer, Goods And Retail, Energy Utilities, Others) and Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

Trade Management Software Market Segmentation:

By Component:

Solutions
Services

By Deployment:

On-premise
Cloud-based

By Organization Size:

for SMEs
Large Enterprises

By Vertical:

Transportation and Logistics
Government and Public
Healthcare and Life Sciences
Aerospace and Defense
Manufacturing
Consumer Goods and Retail
Energy Utilities
Other Verticals

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

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Towing Software Market Set for 5% CAGR, Eyes US$ 766.8 Million by 2032

A CAGR of 5% during the forecast period from 2022 to 2032, the global towing software market is expected to reach US$ 766.8 Million, reports a recently published Future Market Insights study. Expansion of the market can be attributed to the growing applications for small & medium enterprise management.

From 2015 to 2021, the market experienced a CAGR of 6% to be valued at US$ 447.8 Million. Growing technological advancement is estimated to be one of the key factors driving the market during the assessment period. The arrival of newcomers in the market has compelled the established players to add new features to gain a technological edge and gain new grounds in the industry.

The adoption of cloud-based towing software has encouraged new businesses to access information from anywhere and from any device. Owing to this, the business owners are capable of cutting down the cost of business and increasing efficiency in the market, thereby likely to provide a significant boost to the industry during the assessment period.

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The Asia Pacific is anticipated to witness the fastest growth during the forecast period, attributed to the increasing amount of vehicle usage and growing demand for sophisticated towing solutions. The region has been acknowledged as one of the most notable markets for cloud-based services and design software owing to the presence of evolving economies such as China, Japan, and India. Additionally, the governing bodies are investing heftily in transportation infrastructure, which is postulating support to the towing software market.

Key Takeaways from the Towing Software Market Report:

Global towing software market to accumulate US$ 471.4 Million by 2022-end
By type, cloud-based towing software is anticipated to dominate the market, exhibiting a CAGR of 4.9%
By application, the SMEs segment is projected to record a CAGR of 6.4% from 2022-2032
U.S to dominate in terms of market growth, registering a CAGR of 4.7% until 2032
Market in the UK to garner a market value worth US$ 32.3 Million by 2032
Industry in China to record a CAGR of 4.3% during the forecast period
The market in South Korea is expected to hold a value of US$ 27.6 Million during the assessment period

Competition Analysis:
Key players in the global towing software market include TOPS, Clearplan, Dispatch Anywhere, ProTow, and Tow Administrator, among others. Some of the recent developments in the global towing software market are:

In October 2021, Force Technology launched SimFlex Cloud, a dedicated SaaS solution offering highly realistic navigation training. Unlocking agile and accessible maritime training, SimFlex cloud provides global onshore and onboard access to FORCE Technology’s highly realistic SimFlex simulator and the technology-leading Den-Mark simulator engine and model library.
In May 2022, FleetPride Inc., the nation’s largest distributor of truck and trailer parts and service in the independent heavy-duty aftermarket, announced the acquisition of the assets of T&R Towing and Service Centers of Bath.

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More Valuable Insights:
Future Market Insights, in its new offering, presents an unbiased analysis of the global Towing Software market, presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights based on product type (Installed-pc, Installed mobile, and Cloud-based), end-user (General Contractors, Building Owners, Independent Construction Managers, Sub-Contractors, and others), and Region ((North America, Europe, Asia Pacific, Middle East & Africa, and Latin America)

Towing Software Market Segmentation:

By Type:

Cloud-based
Web-based

By Application:

For Large Enterprises
For SME

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

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Global Irradiation Apparatus Market is poised to reach a value of US$ 8.0 Billion by 2032

The global irradiation apparatus market size has experienced significant growth, reaching US$ 5.4 Billion in 2021 and is poised for continued expansion. According to Future Market Insights latest market analysis, the market is projected to exhibit a Year-on-Year (Y-o-Y) increase of 5.5% in 2022, reaching a valuation of US$ 5.7 Billion.

The increasing backing from various governmental organizations has been a significant factor in propelling this market forward. With sustained support and investments, the market is expected to witness robust growth, reaching a projected value of US$ 8.0 Billion by 2032. The trade is anticipated to maintain a steady trajectory with a Compound Annual Growth Rate (CAGR) of 3.5% during the forecast period.

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“The rise in support from governmental bodies is driving significant advancements and opportunities within the irradiation apparatus market,” stated Future Market Insights Market Analyst. “This growth signifies an increased adoption of irradiation technologies across industries, including healthcare, food processing, and research, among others.”

The key drivers contributing to this growth include the demand for enhanced food safety, increased research and development activities, and the rising need for efficient healthcare solutions globally. Irradiation apparatus has been pivotal in ensuring product safety, extending shelf life, and preserving the nutritional value of various consumables, further fueling its demand across diverse sectors.

The food processing industry also heavily relies on irradiation apparatus to enhance food safety and extend the shelf life of perishable items. By irradiating food products, pathogens and spoilage-causing microorganisms are eliminated or rendered inactive, making food safer for consumption and reducing food waste. As consumers become more health-conscious and sustainability-focused, the irradiation apparatus market will continue to expand to meet these demands.

Furthermore, the materials science field benefits from irradiation apparatus for various applications, such as modifying the properties of polymers, composites, and semiconductor materials. Irradiation can enhance the mechanical, electrical, and thermal properties of materials, opening up new possibilities in industries like aerospace, electronics, and automotive.

Here Are Some Key Components And Applications Of The Irradiation Apparatus Market:

Sterilization: One of the primary applications of irradiation apparatus is the sterilization of medical devices, pharmaceuticals, food, and other products. The high-energy radiation effectively kills or inactivates microorganisms like bacteria and viruses, making the products safe for use or consumption.
Food Preservation: Irradiation is used to extend the shelf life of food products by reducing or eliminating pathogens, pests, and spoilage microorganisms. It can also prevent the sprouting of certain vegetables and inhibit the ripening of fruits.
Material Modification: Irradiation is employed to modify the physical and chemical properties of materials, such as polymers and semiconductors. This can include cross-linking polymers, enhancing the characteristics of electronic components, and more.
Cancer Treatment: In the field of medicine, irradiation apparatus plays a crucial role in radiation therapy for cancer treatment. High-energy radiation is directed at cancerous tumors to destroy or shrink them.
Research and Development: Scientists and researchers also use irradiation apparatus for various experiments and studies, including radiation biology, materials science, and more.

The market for irradiation apparatus is influenced by factors such as advancements in technology, increasing demand for sterilized medical equipment and food products, and growing applications in research and development. Additionally, regulatory considerations and safety standards play a significant role in shaping the industry.

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Who are the Key Players of the Global Irradiation Apparatus Market?

Eminent players of the Global Irradiation Apparatus Market:

Hitachi, Ltd
YXLON International
Koninklijke Philips N.V.
KaVo Dental
Allengers
Narang Medical Limited
Canon Medical Systems Corporation
General Electric Company
Siemens Healthcare Private Limited
Xoran Technologies Inc.
EIZO Inc.
Shimadzu Corporation
Medtronic

Recent Key Developments Among Players Include:

In January 2021- Yxlon presented the new release of the Cheetah and Cougar EVO microfocus X-ray families. The next step towards automation was demonstrated and new options were presented that significantly increase efficiency in the X-ray inspection of electronic components. The YXLON Cheetah and Cougar EVO families in their specific configurations are specially used in the SMT and Semicon sector when the Plus variants mainly support laboratory applications in research and development.
In May 2022 – Royal Philips announced launch of EchoNavigator 4.0, the new release of its advanced image-guided therapy solution for the treatment of structural heart disease. EchoNavigator 4.0 gives users of Philips’ EPIQ CVXi interventional cardiology ultrasound system greater control of live fusion-imaging on the company’s Image Guided Therapy System. By integrating real-time transesophageal echocardiography (TEE), which places the ultrasound transducer close to the heart, and X-ray fluoroscopy, EchoNavigator 4.0 helps interventional teams to decide, guide, treat, and confirm complex structural heart disease therapy, such as heart valve repair or replacement.
In January 2020 – Allengers Medical Systems Limited, announced the launch of ACUTOM 32 – A 32 slice CT scanner.

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Key Segments Covered in the Irradiation Apparatus Industry Survey:

Irradiation Apparatus Market by Usage:

Irradiation Apparatus for Diagnostic Purposes
Irradiation Apparatus for Therapeutic Purposes
Irradiation Apparatus for Dental Purposes
Irradiation Apparatus for Chiropractic Diagnostic Purposes
Irradiation Apparatus for Industrial & Research Applications

Irradiation Apparatus Market by Product:

Gamma Ray Irradiation Apparatus
X-ray Irradiation Apparatus
High-Speed Neutrons Irradiation Apparatus
Electrons Irradiation Apparatus
Alpha-Beta Particles Irradiation Apparatus

Irradiation Apparatus Market by Application:

Irradiation Apparatus for Hospitals
Irradiation Apparatus for Industries
Irradiation Apparatus for Laboratories
Irradiation Apparatus for Other Applications

Irradiation Apparatus Market by Region:

North America Irradiation Apparatus Market
Latin America Irradiation Apparatus Market
Europe Irradiation Apparatus Market
APAC Irradiation Apparatus Market
The Middle East & Africa Irradiation Apparatus Market

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